NPORT-EX 2 edgar.htm
GREAT-WEST FUNDS, INC.
GREAT-WEST CONSERVATIVE PROFILE FUND
Schedule of Investments
As of September 30, 2021 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
6,875,025 Great-West Core Bond Fund Institutional Class(a) $   70,744,010
10,600,688 Great-West Global Bond Fund Institutional Class(a)    93,816,088
4,013,029 Great-West High Yield Bond Fund Institutional Class(a)    42,096,670
4,432,691 Great-West Inflation-Protected Securities Fund Institutional Class(a)    47,296,815
9,378,938 Great-West Multi-Sector Bond Fund Institutional Class(a)    92,757,696
9,394,709 Great-West Short Duration Bond Fund Institutional Class(a)    94,604,723
7,243,876 Great-West U.S. Government Mortgage Securities Fund Institutional Class(a)    70,845,105
     
TOTAL BOND MUTUAL FUNDS — 47.81%
(Cost $503,098,666) 		$512,161,107
EQUITY MUTUAL FUNDS
1,850,721 Great-West Emerging Markets Equity Fund Institutional Class(a) 19,802,715
1,562,972 Great-West International Growth Fund Institutional Class(a) 19,130,777
5,239,738 Great-West International Value Fund Institutional Class(a) 48,886,758
2,281,521 Great-West Large Cap Growth Fund Institutional Class(a) 26,260,305
8,132,189 Great-West Large Cap Value Fund Institutional Class(a) 66,846,590
Shares   Fair Value
Equity Mutual Funds — (continued)
3,314,580 Great-West Mid Cap Value Fund Institutional Class(a) $   36,062,630
5,443,619 Great-West Real Estate Index Fund Institutional Class(a)    52,966,415
692,887 Great-West Small Cap Growth Fund Institutional Class(a)     9,644,986
2,601,275 Great-West Small Cap Value Fund Institutional Class(a)    24,373,951
1,482,480 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a)    14,365,231
     
TOTAL EQUITY MUTUAL FUNDS — 29.71%
(Cost $255,140,565) 		$318,340,358
Account Balance    
FIXED INTEREST CONTRACT
243,826,006(b) Great-West Life & Annuity Contract(a) 1.25%(c) 243,826,006
     
TOTAL FIXED INTEREST CONTRACT — 22.76%
(Cost $243,826,006) 		$243,826,006
TOTAL INVESTMENTS — 100.28%
(Cost $1,002,065,237) 		$1,074,327,471
OTHER ASSETS & LIABILITIES, NET — (0.28)% $(3,048,342)
TOTAL NET ASSETS — 100.00% $1,071,279,129
 
(a)  Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b)  Account Balance and Cost represent net deposits and approximate fair value.
(c)  Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at September 30, 2021. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.
September 30, 2021

 

GREAT-WEST FUNDS, INC.
GREAT-WEST MODERATELY CONSERVATIVE PROFILE FUND
Schedule of Investments
As of September 30, 2021 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
3,023,769 Great-West Core Bond Fund Institutional Class(a) $ 31,114,584
4,664,660 Great-West Global Bond Fund Institutional Class(a)  41,282,243
1,761,202 Great-West High Yield Bond Fund Institutional Class(a)  18,475,005
1,951,162 Great-West Inflation-Protected Securities Fund Institutional Class(a)  20,818,903
4,118,567 Great-West Multi-Sector Bond Fund Institutional Class(a)  40,732,631
1,541,633 Great-West Short Duration Bond Fund Institutional Class(a)  15,524,240
3,184,846 Great-West U.S. Government Mortgage Securities Fund Institutional Class(a)  31,147,791
     
TOTAL BOND MUTUAL FUNDS — 33.17%
(Cost $195,519,656) 		$199,095,397
EQUITY MUTUAL FUNDS
1,680,551 Great-West Emerging Markets Equity Fund Institutional Class(a) 17,981,898
1,431,459 Great-West International Growth Fund Institutional Class(a) 17,521,057
4,767,443 Great-West International Value Fund Institutional Class(a) 44,480,241
2,077,204 Great-West Large Cap Growth Fund Institutional Class(a) 23,908,615
7,406,688 Great-West Large Cap Value Fund Institutional Class(a) 60,882,975
Shares   Fair Value
Equity Mutual Funds — (continued)
3,015,614 Great-West Mid Cap Value Fund Institutional Class(a) $ 32,809,886
2,749,801 Great-West Real Estate Index Fund Institutional Class(a)  26,755,562
628,950 Great-West Small Cap Growth Fund Institutional Class(a)   8,754,984
2,396,914 Great-West Small Cap Value Fund Institutional Class(a)  22,459,084
1,346,620 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a)  13,048,750
     
TOTAL EQUITY MUTUAL FUNDS — 44.75%
(Cost $215,393,960) 		$268,603,052
Account Balance    
FIXED INTEREST CONTRACT
133,232,033(b) Great-West Life & Annuity Contract(a) 1.25%(c) 133,232,033
     
TOTAL FIXED INTEREST CONTRACT — 22.20%
(Cost $133,232,033) 		$133,232,033
TOTAL INVESTMENTS — 100.12%
(Cost $544,145,649) 		$600,930,482
OTHER ASSETS & LIABILITIES, NET — (0.12)% $(723,147)
TOTAL NET ASSETS — 100.00% $600,207,335
 
(a)  Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b)  Account Balance and Cost represent net deposits and approximate fair value.
(c)  Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at September 30, 2021. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.
September 30, 2021

 

GREAT-WEST FUNDS, INC.
GREAT-WEST MODERATE PROFILE FUND
Schedule of Investments
As of September 30, 2021 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
6,865,719 Great-West Core Bond Fund Institutional Class(a) $   70,648,248
10,589,151 Great-West Global Bond Fund Institutional Class(a)    93,713,991
4,001,799 Great-West High Yield Bond Fund Institutional Class(a)    41,978,874
4,428,896 Great-West Inflation-Protected Securities Fund Institutional Class(a)    47,256,318
9,366,517 Great-West Multi-Sector Bond Fund Institutional Class(a)    92,634,851
3,496,376 Great-West Short Duration Bond Fund Institutional Class(a)    35,208,505
7,234,341 Great-West U.S. Government Mortgage Securities Fund Institutional Class(a)    70,751,850
     
TOTAL BOND MUTUAL FUNDS — 24.24%
(Cost $446,261,144) 		$452,192,637
EQUITY MUTUAL FUNDS
7,277,758 Great-West Emerging Markets Equity Fund Institutional Class(a) 77,872,007
6,075,750 Great-West International Growth Fund Institutional Class(a) 74,367,176
20,484,414 Great-West International Value Fund Institutional Class(a) 191,119,587
8,922,042 Great-West Large Cap Growth Fund Institutional Class(a) 102,692,706
31,901,523 Great-West Large Cap Value Fund Institutional Class(a) 262,230,521
Shares   Fair Value
Equity Mutual Funds — (continued)
13,002,880 Great-West Mid Cap Value Fund Institutional Class(a) $  141,471,331
7,598,942 Great-West Real Estate Index Fund Institutional Class(a)    73,937,706
2,703,208 Great-West Small Cap Growth Fund Institutional Class(a)    37,628,656
10,228,976 Great-West Small Cap Value Fund Institutional Class(a)    95,845,506
5,784,617 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a)    56,052,942
     
TOTAL EQUITY MUTUAL FUNDS — 59.67%
(Cost $915,388,882) 		$1,113,218,138
Account Balance    
FIXED INTEREST CONTRACT
303,053,599(b) Great-West Life & Annuity Contract(a) 1.25%(c) 303,053,599
     
TOTAL FIXED INTEREST CONTRACT — 16.24%
(Cost $303,053,599) 		$303,053,599
TOTAL INVESTMENTS — 100.15%
(Cost $1,664,703,625) 		$1,868,464,374
OTHER ASSETS & LIABILITIES, NET — (0.15)% $(2,891,342)
TOTAL NET ASSETS — 100.00% $1,865,573,032
 
(a)  Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b)  Account Balance and Cost represent net deposits and approximate fair value.
(c)  Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at September 30, 2021. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.
September 30, 2021

 

GREAT-WEST FUNDS, INC.
GREAT-WEST MODERATELY AGGRESSIVE PROFILE FUND
Schedule of Investments
As of September 30, 2021 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
2,170,988 Great-West Core Bond Fund Institutional Class(a) $ 22,339,467
3,354,659 Great-West Global Bond Fund Institutional Class(a)  29,688,729
1,272,539 Great-West High Yield Bond Fund Institutional Class(a)  13,348,934
1,407,045 Great-West Inflation-Protected Securities Fund Institutional Class(a)  15,013,170
2,973,235 Great-West Multi-Sector Bond Fund Institutional Class(a)  29,405,296
2,714,993 Great-West Short Duration Bond Fund Institutional Class(a)  27,339,984
2,289,981 Great-West U.S. Government Mortgage Securities Fund Institutional Class(a)  22,396,011
     
TOTAL BOND MUTUAL FUNDS — 18.16%
(Cost $157,238,489) 		$159,531,591
EQUITY MUTUAL FUNDS
4,247,711 Great-West Emerging Markets Equity Fund Institutional Class(a) 45,450,502
3,586,663 Great-West International Growth Fund Institutional Class(a) 43,900,761
11,982,454 Great-West International Value Fund Institutional Class(a) 111,796,298
5,232,805 Great-West Large Cap Growth Fund Institutional Class(a) 60,229,585
18,696,862 Great-West Large Cap Value Fund Institutional Class(a) 153,688,204
Shares   Fair Value
Equity Mutual Funds — (continued)
7,611,685 Great-West Mid Cap Value Fund Institutional Class(a) $ 82,815,135
3,125,137 Great-West Real Estate Index Fund Institutional Class(a)  30,407,581
1,583,074 Great-West Small Cap Growth Fund Institutional Class(a)  22,036,388
6,047,036 Great-West Small Cap Value Fund Institutional Class(a)  56,660,723
3,384,782 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a)  32,798,541
     
TOTAL EQUITY MUTUAL FUNDS — 72.84%
(Cost $592,098,060) 		$639,783,718
Account Balance    
FIXED INTEREST CONTRACT
80,169,669(b) Great-West Life & Annuity Contract(a) 1.25%(c) 80,169,669
     
TOTAL FIXED INTEREST CONTRACT — 9.13%
(Cost $80,169,669) 		$80,169,669
TOTAL INVESTMENTS — 100.13%
(Cost $829,506,218) 		$879,484,978
OTHER ASSETS & LIABILITIES, NET — (0.13)% $(1,108,604)
TOTAL NET ASSETS — 100.00% $878,376,374
 
(a)  Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b)  Account Balance and Cost represent net deposits and approximate fair value.
(c)  Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at September 30, 2021. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.
September 30, 2021

 

GREAT-WEST FUNDS, INC.
GREAT-WEST AGGRESSIVE PROFILE FUND
Schedule of Investments
As of September 30, 2021 (Unaudited)
Shares   Fair Value
EQUITY MUTUAL FUNDS
4,858,786 Great-West Emerging Markets Equity Fund Institutional Class(a) $ 51,989,010
4,034,058 Great-West International Growth Fund Institutional Class(a)  49,376,869
13,599,899 Great-West International Value Fund Institutional Class(a) 126,887,056
5,949,767 Great-West Large Cap Growth Fund Institutional Class(a)  68,481,815
21,324,059 Great-West Large Cap Value Fund Institutional Class(a) 175,283,766
8,682,076 Great-West Mid Cap Value Fund Institutional Class(a)  94,460,989
2,184,644 Great-West Real Estate Index Fund Institutional Class(a)  21,256,588
1,803,188 Great-West Small Cap Growth Fund Institutional Class(a) 25,100,377
Shares   Fair Value
Equity Mutual Funds — (continued)
6,896,130 Great-West Small Cap Value Fund Institutional Class(a) $ 64,616,732
3,854,369 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a)  37,348,838
     
TOTAL EQUITY MUTUAL FUNDS — 100.13%
(Cost $616,555,284) 		$714,802,040
TOTAL INVESTMENTS — 100.13%
(Cost $616,555,284) 		$714,802,040
OTHER ASSETS & LIABILITIES, NET — (0.13)% $(945,283)
TOTAL NET ASSETS — 100.00% $713,856,757
 
(a)  Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
See Notes to Schedule of Investments.
September 30, 2021

 

GREAT-WEST FUNDS, INC.
Notes to Schedule of Investments (Unaudited)
Security Valuation
The Board of Directors of the Funds has adopted policies and procedures for the valuation of each Fund's securities and assets, and has appointed the Fair Value Pricing Committee of the investment adviser, Great-West Capital Management, LLC, to complete valuation determinations under those policies and procedures.
Investments in shares of the underlying mutual funds are valued at the net asset value as reported by the underlying mutual fund, which may be obtained from pricing services or other pricing sources. The inputs used by the pricing services are reviewed quarterly or when the pricing vendor issues updates to its pricing methodologies. The net asset value of each class of the Fund's shares is determined by dividing the net assets attributable to each class of shares of the Fund by the number of issued and outstanding shares of each class of the Fund on each valuation date.
Investments in fixed interest contracts issued by Great-West Life & Annuity Insurance Company (GWL&A Contract) are valued at the amount of net deposits plus accrued interest, determined on a daily basis. The GWL&A Contract is backed by the general account of Great-West Life & Annuity Insurance Company (GWL&A).
The Funds classify valuations into three levels based upon the observability of inputs to the valuation of each Fund’s investments. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. Classification is based on the lowest level of input significant to the fair value measurement. The three levels are defined as follows:
Level 1 – Unadjusted quoted prices for identical securities in active markets.
Level 2 – Inputs other than quoted prices included in Level 1 that are observable either directly or indirectly. These may include quoted prices for similar assets in active markets.
Level 3 – Unobservable inputs to the extent observable inputs are not available. Unobservable inputs reflect the Fund’s own assumptions and would be based on the best information available under the circumstances.
As of September 30, 2021, each Fund’s investments in the underlying mutual funds are valued using Level 1 inputs. Each Fund’s investment in the GWL&A Contract is valued using Level 2 inputs. More information regarding each Fund’s sector classifications are included in the Schedule of Investments.
Fund-of-Funds Structure Risk
Since each Fund invests directly in underlying funds, all risks associated with the eligible underlying funds apply to each Fund. To the extent each Fund invests more of its assets in one underlying fund than another, each Fund will have greater exposure to the risks of that underlying fund.
Transactions with Affiliates
Each Fund may invest in the GWL&A Contract pursuant to exemptive relief issued by the U.S. Securities and Exchange Commission. The GWL&A Contract has a stable principal value and accrues a fixed rate of interest, which is reflected in the daily valuation of the Funds. GWL&A calculates the interest rate in the same way it calculates guaranteed interest rates for similar contracts (on a calendar quarter or other periodic basis). As a result of GWL&A being an affiliated entity, the Funds are exposed to the risk of unanticipated industry conditions as well as risks specific to a single corporation. If GWL&A were to become insolvent, the GWL&A Contract would be settled commensurate with other policy holder obligations.
The amounts deposited will accrue interest at a declared rate of interest, adjustable on a calendar quarter or other periodic basis, guaranteed to be no less than 1.25%. Prior to August 1, 2021, the declared rate of interest was guaranteed to be no less than 1.50%. The investment in the GWL&A Contract may be terminated by GWL&A or the Funds upon 7 days prior written notice. The guaranteed interest rate paid will be at least as favorable as the guaranteed interest rate paid on other similar products issued by GWL&A.
September 30, 2021

 

The following tables are a summary of the transactions for each underlying investment during the period ended September 30, 2021, in which the issuer was an affiliate of a Fund, as defined in the Investment Company Act of 1940.
Great-West Conservative Profile Fund
Affiliate Shares Held/
Account
Balance
09/30/2021 		Value
12/31/2020 		Purchase
Cost 		Sales
Cost 		Net Realized
Gain (Loss) 		  Net Change
Unrealized
Appreciation
(Depreciation) 		  Dividends
and
Interest
Received 		  Value
09/30/2021 		  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Core Bond Fund Institutional Class 6,875,025 $61,561,444 $15,069,565 $4,400,350 $202,758   $(1,486,649)   $712,569   $70,744,010   6.60%
Great-West Global Bond Fund Institutional Class 10,600,688 81,793,729 20,324,294 3,751,685 93,464   (4,550,250)   166,385   93,816,088   8.76
Great-West High Yield Bond Fund Institutional Class 4,013,029 36,716,474 7,687,859 2,857,638 242,261   549,975   639,840   42,096,670   3.93
Great-West Inflation-Protected Securities Fund Institutional Class 4,432,691 41,148,987 8,569,296 3,463,279 206,616   1,041,811   491,404   47,296,815   4.42
Great-West Multi-Sector Bond Fund Institutional Class 9,378,938 80,792,887 18,662,027 5,423,371 570,989   (1,273,847)   1,891,855   92,757,696   8.66
Great-West Short Duration Bond Fund Institutional Class 9,394,709 81,909,120 18,262,794 5,163,917 52,244   (403,274)   1,081,422   94,604,723   8.83
Great-West U.S. Government Mortgage Securities Fund Institutional Class 7,243,876 61,432,077 15,040,588 3,949,632 106,793   (1,677,928)   639,227   70,845,105   6.61
          1,475,125   (7,800,162)   5,622,702   512,161,107   47.81
EQUITY MUTUAL FUNDS                          
Great-West Emerging Markets Equity Fund Institutional Class 1,850,721 17,755,342 5,916,584 2,341,499 883,093   (1,527,712)   -   19,802,715   1.85
Great-West International Growth Fund Institutional Class 1,562,972 17,493,584 4,635,555 2,565,953 938,528   (432,409)   352,560   19,130,777   1.79
Great-West International Value Fund Institutional Class 5,239,738 43,730,379 9,867,086 6,539,328 659,420   1,828,621   579,010   48,886,758   4.56
Great-West Large Cap Growth Fund Institutional Class 2,281,521 23,538,006 7,289,512 3,872,335 1,492,712   (694,878)   1,903,412   26,260,305   2.45
Great-West Large Cap Value Fund Institutional Class 8,132,189 59,105,714 12,726,200 12,579,614 1,371,572   7,594,290   1,196,510   66,846,590   6.24
Great-West Mid Cap Value Fund Institutional Class 3,314,580 31,996,543 6,763,780 6,757,901 1,710,948   4,060,208   178,658   36,062,630   3.37
Great-West Real Estate Index Fund Institutional Class 5,443,619 47,366,736 10,788,506 14,247,621 1,076,218   9,058,794   546,665   52,966,415   4.94
Great-West Small Cap Growth Fund Institutional Class 692,887 8,521,511 3,189,407 1,586,911 658,339   (479,021)   562,540   9,644,986   0.90
Great-West Small Cap Value Fund Institutional Class 2,601,275 21,280,338 6,692,811 4,335,276 2,743,401   736,078   1,364,832   24,373,951   2.27
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 1,482,480 12,752,105 3,579,269 1,825,736 742,991   (140,407)   734,343   14,365,231   1.34
          12,277,222   20,003,564   7,418,530   318,340,358   29.71
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 243,826,006 210,535,933 44,606,212 13,759,211 -   -   2,443,072   243,826,006   22.76
          0   0   2,443,072   243,826,006   22.76
        Total $13,752,347   $12,203,402   $15,484,304   $1,074,327,471   100.28%
September 30, 2021

 

Great-West Moderately Conservative Profile Fund
Affiliate Shares Held/
Account
Balance
09/30/2021 		Value
12/31/2020 		Purchase
Cost 		Sales
Cost 		Net Realized
Gain (Loss) 		  Net Change
Unrealized
Appreciation
(Depreciation) 		  Dividends
and
Interest
Received 		  Value
09/30/2021 		  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Core Bond Fund Institutional Class 3,023,769 $29,337,427 $5,860,738 $3,305,730 $181,020   $(777,851)   $331,784   $31,114,584   5.18%
Great-West Global Bond Fund Institutional Class 4,664,660 39,049,879 8,040,249 3,841,458 (117,970)   (1,966,427)   80,262   41,282,243   6.88
Great-West High Yield Bond Fund Institutional Class 1,761,202 17,462,975 2,377,885 1,620,041 113,164   254,186   303,533   18,475,005   3.08
Great-West Inflation-Protected Securities Fund Institutional Class 1,951,162 19,584,113 3,361,634 2,545,615 144,544   418,771   234,157   20,818,903   3.47
Great-West Multi-Sector Bond Fund Institutional Class 4,118,567 38,455,053 6,956,837 4,191,032 155,062   (488,227)   892,973   40,732,631   6.78
Great-West Short Duration Bond Fund Institutional Class 1,541,633 14,543,980 2,568,534 1,482,857 45,698   (105,417)   185,848   15,524,240   2.59
Great-West U.S. Government Mortgage Securities Fund Institutional Class 3,184,846 29,282,013 5,863,348 3,188,878 71,291   (808,692)   295,770   31,147,791   5.19
          592,809   (3,473,657)   2,324,327   199,095,397   33.17
EQUITY MUTUAL FUNDS                          
Great-West Emerging Markets Equity Fund Institutional Class 1,680,551 17,201,736 4,660,643 2,544,565 835,623   (1,335,916)   -   17,981,898   3.00
Great-West International Growth Fund Institutional Class 1,431,459 17,134,833 3,207,053 2,673,319 710,890   (147,510)   317,468   17,521,057   2.92
Great-West International Value Fund Institutional Class 4,767,443 42,829,859 5,984,129 7,836,219 (939,461)   3,502,472   521,864   44,480,241   7.41
Great-West Large Cap Growth Fund Institutional Class 2,077,204 23,092,630 4,735,880 3,590,185 1,253,634   (329,710)   1,714,727   23,908,615   3.98
Great-West Large Cap Value Fund Institutional Class 7,406,688 57,864,215 7,644,746 11,898,837 1,522,444   7,272,851   1,126,118   60,882,975   10.14
Great-West Mid Cap Value Fund Institutional Class 3,015,614 31,326,883 3,884,905 7,011,880 1,035,814   4,609,978   177,322   32,809,886   5.47
Great-West Real Estate Index Fund Institutional Class 2,749,801 25,756,663 3,709,611 7,559,177 630,996   4,848,465   301,133   26,755,562   4.46
Great-West Small Cap Growth Fund Institutional Class 628,950 8,323,272 2,096,124 1,322,797 570,833   (341,615)   503,451   8,754,984   1.46
Great-West Small Cap Value Fund Institutional Class 2,396,914 20,859,466 4,494,569 4,561,070 1,809,144   1,666,119   1,234,260   22,459,084   3.74
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 1,346,620 12,495,509 2,339,969 2,057,307 368,175   270,579   661,321   13,048,750   2.17
          7,798,092   20,015,713   6,557,664   268,603,052   44.75
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 133,232,033 124,691,249 19,879,570 12,747,411 -   -   1,408,625   133,232,033   22.20
          0   0   1,408,625   133,232,033   22.20
        Total $8,390,901   $16,542,056   $10,290,616   $600,930,482   100.12%
September 30, 2021

 

Great-West Moderate Profile Fund
Affiliate Shares Held/
Account
Balance
09/30/2021 		Value
12/31/2020 		Purchase
Cost 		Sales
Cost 		Net Realized
Gain (Loss) 		  Net Change
Unrealized
Appreciation
(Depreciation) 		  Dividends
and
Interest
Received 		  Value
09/30/2021 		  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Core Bond Fund Institutional Class 6,865,719 $62,890,752 $12,813,874 $3,471,629 $292,197   $(1,584,749)   $727,616   $70,648,248   3.79%
Great-West Global Bond Fund Institutional Class 10,589,151 83,649,586 18,089,355 3,695,297 (158,052)   (4,329,653)   171,186   93,713,991   5.02
Great-West High Yield Bond Fund Institutional Class 4,001,799 37,416,264 6,274,283 2,316,397 189,506   604,724   654,037   41,978,874   2.25
Great-West Inflation-Protected Securities Fund Institutional Class 4,428,896 41,972,912 7,362,063 3,156,987 182,798   1,078,330   502,939   47,256,318   2.53
Great-West Multi-Sector Bond Fund Institutional Class 9,366,517 82,570,194 16,322,589 5,290,034 261,748   (967,898)   1,934,602   92,634,851   4.97
Great-West Short Duration Bond Fund Institutional Class 3,496,376 31,167,047 5,940,400 1,708,840 57,420   (190,102)   409,688   35,208,505   1.89
Great-West U.S. Government Mortgage Securities Fund Institutional Class 7,234,341 62,806,879 12,899,360 3,303,304 60,956   (1,651,085)   650,986   70,751,850   3.79
          886,573   (7,040,433)   5,051,054   452,192,637   24.24
EQUITY MUTUAL FUNDS                          
Great-West Emerging Markets Equity Fund Institutional Class 7,277,758 70,562,785 17,817,732 6,841,219 1,157,929   (3,667,291)   -   77,872,007   4.17
Great-West International Growth Fund Institutional Class 6,075,750 70,006,509 12,912,299 8,146,397 2,419,192   (405,235)   1,396,075   74,367,176   3.99
Great-West International Value Fund Institutional Class 20,484,414 174,792,949 23,925,060 20,344,326 (2,738,192)   12,745,904   2,279,840   191,119,587   10.24
Great-West Large Cap Growth Fund Institutional Class 8,922,042 94,231,367 21,299,306 14,717,104 1,308,650   1,879,137   7,516,286   102,692,706   5.51
Great-West Large Cap Value Fund Institutional Class 31,901,523 236,156,779 34,645,201 39,367,654 5,394,190   30,796,195   4,750,877   262,230,521   14.06
Great-West Mid Cap Value Fund Institutional Class 13,002,880 128,064,394 16,917,959 25,465,022 1,360,824   21,954,000   720,599   141,471,331   7.58
Great-West Real Estate Index Fund Institutional Class 7,598,942 67,517,756 10,477,569 17,930,687 620,308   13,873,068   784,227   73,937,706   3.96
Great-West Small Cap Growth Fund Institutional Class 2,703,208 33,979,331 7,848,611 2,863,547 1,966,228   (1,335,739)   2,222,799   37,628,656   2.02
Great-West Small Cap Value Fund Institutional Class 10,228,976 85,155,097 18,672,480 17,160,517 4,947,086   9,178,446   5,380,825   95,845,506   5.14
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 5,784,617 50,968,874 9,554,094 6,038,805 799,862   1,568,779   2,897,441   56,052,942   3.00
          17,236,077   86,587,264   27,948,969   1,113,218,138   59.67
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 303,053,599 267,705,179 47,258,787 14,990,015 -   -   3,079,648   303,053,599   16.24
          0   0   3,079,648   303,053,599   16.24
        Total $18,122,650   $79,546,831   $36,079,671   $1,868,464,374   100.15%
September 30, 2021

 

Great-West Moderately Aggressive Profile Fund
Affiliate Shares Held/
Account
Balance
09/30/2021 		Value
12/31/2020 		Purchase
Cost 		Sales
Cost 		Net Realized
Gain (Loss) 		  Net Change
Unrealized
Appreciation
(Depreciation) 		  Dividends
and
Interest
Received 		  Value
09/30/2021 		  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Core Bond Fund Institutional Class 2,170,988 $18,224,054 $6,710,247 $2,098,126 $119,608   $(496,708)   $218,814   $22,339,467   2.54%
Great-West Global Bond Fund Institutional Class 3,354,659 24,270,722 9,014,927 2,327,300 (78,594)   (1,269,620)   50,701   29,688,729   3.38
Great-West High Yield Bond Fund Institutional Class 1,272,539 10,887,337 3,445,146 1,145,408 69,988   161,859   196,423   13,348,934   1.52
Great-West Inflation-Protected Securities Fund Institutional Class 1,407,045 12,187,398 4,077,645 1,552,807 91,983   300,934   150,375   15,013,170   1.71
Great-West Multi-Sector Bond Fund Institutional Class 2,973,235 23,998,234 8,550,654 2,867,312 66,212   (276,280)   582,978   29,405,296   3.35
Great-West Short Duration Bond Fund Institutional Class 2,714,993 22,086,261 7,856,954 2,417,564 86,018   (185,667)   304,355   27,339,984   3.11
Great-West U.S. Government Mortgage Securities Fund Institutional Class 2,289,981 18,190,992 6,772,773 2,004,648 96,894   (563,106)   197,599   22,396,011   2.55
          452,109   (2,328,588)   1,701,245   159,531,591   18.16
EQUITY MUTUAL FUNDS                          
Great-West Emerging Markets Equity Fund Institutional Class 4,247,711 37,842,872 15,228,919 4,639,706 1,272,078   (2,981,583)   -   45,450,502   5.17
Great-West International Growth Fund Institutional Class 3,586,663 37,501,934 12,860,300 5,909,535 1,519,488   (551,938)   808,311   43,900,761   5.00
Great-West International Value Fund Institutional Class 11,982,454 93,604,893 26,794,861 16,360,730 (2,759,019)   7,757,274   1,327,504   111,796,298   12.73
Great-West Large Cap Growth Fund Institutional Class 5,232,805 50,320,904 19,007,136 8,976,908 1,564,127   (121,547)   4,355,329   60,229,585   6.86
Great-West Large Cap Value Fund Institutional Class 18,696,862 126,652,523 36,117,677 23,260,962 4,797,911   14,178,966   2,686,967   153,688,204   17.50
Great-West Mid Cap Value Fund Institutional Class 7,611,685 68,610,985 18,010,100 15,453,341 601,240   11,647,391   392,112   82,815,135   9.43
Great-West Real Estate Index Fund Institutional Class 3,125,137 25,571,814 7,795,784 6,456,694 1,988,601   3,496,677   300,931   30,407,581   3.46
Great-West Small Cap Growth Fund Institutional Class 1,583,074 18,180,145 7,115,341 2,108,580 1,331,263   (1,150,518)   1,281,545   22,036,388   2.51
Great-West Small Cap Value Fund Institutional Class 6,047,036 45,601,283 16,168,808 10,174,685 2,069,130   5,065,317   3,114,362   56,660,723   6.45
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 3,384,782 27,183,143 9,128,350 3,868,800 816,098   355,848   1,680,259   32,798,541   3.73
          13,200,917   37,695,887   15,947,320   639,783,718   72.84
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 80,169,669 64,635,095 22,210,834 7,451,497 -   -   775,237   80,169,669   9.13
          0   0   775,237   80,169,669   9.13
        Total $13,653,026   $35,367,299   $18,423,802   $879,484,978   100.13%
September 30, 2021

 

Great-West Aggressive Profile Fund
Affiliate Shares Held/
Account
Balance
09/30/2021 		Value
12/31/2020 		Purchase
Cost 		Sales
Cost 		Net Realized
Gain (Loss) 		  Net Change
Unrealized
Appreciation
(Depreciation) 		  Dividends
and
Interest
Received 		  Value
09/30/2021 		  Value as a
Percentage of
Net Assets
EQUITY MUTUAL FUNDS                          
Great-West Emerging Markets Equity Fund Institutional Class 4,858,786 $47,294,451 $13,350,635 $5,945,221 $1,044,086   $(2,710,855)   $-   $51,989,010   7.28%
Great-West International Growth Fund Institutional Class 4,034,058 47,159,695 10,612,241 7,921,319 2,054,177   (473,748)   930,324   49,376,869   6.92
Great-West International Value Fund Institutional Class 13,599,899 117,785,809 18,769,607 20,047,977 (3,229,431)   10,379,617   1,529,890   126,887,056   17.78
Great-West Large Cap Growth Fund Institutional Class 5,949,767 63,646,175 15,628,905 11,048,149 2,258,591   254,884   5,025,657   68,481,815   9.59
Great-West Large Cap Value Fund Institutional Class 21,324,059 159,156,228 21,618,944 27,537,953 2,885,569   22,046,547   3,273,097   175,283,766   24.55
Great-West Mid Cap Value Fund Institutional Class 8,682,076 86,340,972 10,065,172 17,514,080 487,005   15,568,925   510,844   94,460,989   13.23
Great-West Real Estate Index Fund Institutional Class 2,184,644 19,691,119 3,654,325 6,217,518 283,295   4,128,662   240,894   21,256,588   2.98
Great-West Small Cap Growth Fund Institutional Class 1,803,188 22,840,514 6,601,532 3,194,521 1,688,424   (1,147,148)   1,473,057   25,100,377   3.52
Great-West Small Cap Value Fund Institutional Class 6,896,130 57,403,975 12,619,861 10,980,875 4,105,371   5,573,771   3,622,990   64,616,732   9.05
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 3,854,369 34,495,952 7,465,482 5,502,162 852,337   889,566   1,940,522   37,348,838   5.23
          12,429,424   54,510,221   18,547,275   714,802,040   100.13
        Total $12,429,424   $54,510,221   $18,547,275   $714,802,040   100.13%
September 30, 2021