<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0000719423</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000039328</seriesId>
        <classId>C000121199</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>VALIC Co I</regName>
      <regFileNumber>811-03738</regFileNumber>
      <regCik>0000719423</regCik>
      <regLei>549300N3XZ1M1QABFI47</regLei>
      <regStreet1>2919 ALLEN PARKWAY</regStreet1>
      <regStreet2>C/O VARIABLE ANNUITY LIFE INSURANCE CO</regStreet2>
      <regCity>HOUSTON</regCity>
      <regStateConditional regCountry="US" regState="US-TX"/>
      <regZipOrPostalCode>77019</regZipOrPostalCode>
      <regPhone>800-448-2542</regPhone>
      <seriesName>Dynamic Allocation Fund</seriesName>
      <seriesId>S000039328</seriesId>
      <seriesLei>549300Q2EQF8P11MYZ74</seriesLei>
      <repPdEnd>2025-05-31</repPdEnd>
      <repPdDate>2024-11-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>143779326.44</totAssets>
      <totLiabs>1229139.82</totLiabs>
      <netAssets>142550186.62</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>0.00000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000121199" rtn1="1.61000000" rtn2="-1.96000000" rtn3="3.81000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <equityContracts>
            <mon1 netRealizedGain="177509.61000000" netUnrealizedAppr="1796.22000000"/>
            <mon2 netRealizedGain="-87875.05000000" netUnrealizedAppr="-113103.95000000"/>
            <mon3 netRealizedGain="-11290.96000000" netUnrealizedAppr="154921.36000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="262164.26000000" netUnrealizedAppr="-14843.99000000"/>
              <instrMon2 netRealizedGain="453891.05000000" netUnrealizedAppr="-856139.80000000"/>
              <instrMon3 netRealizedGain="183502.89000000" netUnrealizedAppr="995123.13000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="-84654.65000000" netUnrealizedAppr="16640.21000000"/>
              <instrMon2 netRealizedGain="-541766.10000000" netUnrealizedAppr="743035.85000000"/>
              <instrMon3 netRealizedGain="-194793.85000000" netUnrealizedAppr="-840201.77000000"/>
            </optionCategory>
          </equityContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="-530772.84000000" netUnrealizedAppr="2619402.48000000"/>
        <othMon2 netRealizedGain="-72415.25000000" netUnrealizedAppr="-2674731.08000000"/>
        <othMon3 netRealizedGain="173199.48000000" netUnrealizedAppr="4965194.10000000"/>
      </returnInfo>
      <mon1Flow redemption="2338134.74000000" reinvestment="0.00000000" sales="355699.91000000"/>
      <mon2Flow redemption="3951178.97000000" reinvestment="0.00000000" sales="622900.13000000"/>
      <mon3Flow redemption="2031944.64000000" reinvestment="0.00000000" sales="666779.70000000"/>


      <varInfo>

        <fundsDesignatedInfo>
          <nameDesignatedIndex>60% S&amp;P500, 40% Blmbg Agg</nameDesignatedIndex>
          <indexIdentifier>60% SPX, 40% LBUSTRUU</indexIdentifier>

        </fundsDesignatedInfo>

      </varInfo>
    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>VALIC Company I - Core Bond Fund</name>
        <lei>549300HO1U9S8E3RQL94</lei>
        <title>VALIC Company I - Core Bond Fund</title>
        <cusip>91915R541</cusip>
        <identifiers>
          <isin value="US91915R5413"/>
        </identifiers>
        <balance>1818459.41000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18130040.33000000</valUSD>
        <pctVal>12.71835608207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - International Opportunities Fund</name>
        <lei>549300F62LRZH9G3IT75</lei>
        <title>VALIC Company I - International Opportunities Fund</title>
        <cusip>91915R525</cusip>
        <identifiers>
          <isin value="US91915R5256"/>
        </identifiers>
        <balance>23703.31000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>353890.39000000</valUSD>
        <pctVal>0.248256700598</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Capital Appreciation Fund</name>
        <lei>N/A</lei>
        <title>VALIC Company I - Capital Appreciation Fund</title>
        <cusip>91915R566</cusip>
        <identifiers>
          <isin value="US91915R5660"/>
        </identifiers>
        <balance>314012.56000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6660206.38000000</valUSD>
        <pctVal>4.672183557187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Small Cap Value Fund</name>
        <lei>N/A</lei>
        <title>VALIC Company I - Small Cap Value Fund</title>
        <cusip>91915R483</cusip>
        <identifiers>
          <isin value="US91915R4838"/>
        </identifiers>
        <balance>19745.39000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>274658.42000000</valUSD>
        <pctVal>0.192674893321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - High Yield Bond Fund</name>
        <lei>5493003VA7OYSN4UJ156</lei>
        <title>VALIC Company I - High Yield Bond Fund</title>
        <cusip>91915R533</cusip>
        <identifiers>
          <isin value="US91915R5330"/>
        </identifiers>
        <balance>140258.80000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1022486.66000000</valUSD>
        <pctVal>0.717281881030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CFF3</cusip>
        <identifiers>
          <isin value="US91282CFF32"/>
        </identifiers>
        <balance>681600.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>618658.50000000</valUSD>
        <pctVal>0.433993469015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Co. I International Socially Responsible Fund</name>
        <lei>N/A</lei>
        <title>VALIC Co. I International Socially Responsible Fund</title>
        <cusip>91915R855</cusip>
        <identifiers>
          <isin value="US91915R8557"/>
        </identifiers>
        <balance>70904.45000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1785373.95000000</valUSD>
        <pctVal>1.252452902611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CHC8</cusip>
        <identifiers>
          <isin value="US91282CHC82"/>
        </identifiers>
        <balance>1706600.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1609537.13000000</valUSD>
        <pctVal>1.129102085492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.38000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWAP CITIBANK BOC</name>
        <lei>N/A</lei>
        <title>SWAP CITIBANK BOC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="996HWL909"/>
        </identifiers>
        <balance>-90000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-90000.00000000</valUSD>
        <pctVal>-0.06313565919</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Emerging Economies Fund</name>
        <lei>JIEGUN91BLSULQ4UGC80</lei>
        <title>VALIC Company I - Emerging Economies Fund</title>
        <cusip>91915R673</cusip>
        <identifiers>
          <isin value="US91915R6734"/>
        </identifiers>
        <balance>49090.65000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>314180.15000000</valUSD>
        <pctVal>0.220399676387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Mid Cap Strategic Growth Fund</name>
        <lei>549300CLTMHVBLX5FF66</lei>
        <title>VALIC Company I - Mid Cap Strategic Growth Fund</title>
        <cusip>91915R715</cusip>
        <identifiers>
          <isin value="US91915R7153"/>
        </identifiers>
        <balance>85763.74000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1886802.21000000</valUSD>
        <pctVal>1.323605569896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CJJ1</cusip>
        <identifiers>
          <isin value="US91282CJJ18"/>
        </identifiers>
        <balance>1039000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1062823.95000000</valUSD>
        <pctVal>0.745578785409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CFV8</cusip>
        <identifiers>
          <isin value="US91282CFV81"/>
        </identifiers>
        <balance>1251900.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1250139.52000000</valUSD>
        <pctVal>0.876982029727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.13000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Government Securities Fund</name>
        <lei>549300P9BWK85XG0HW15</lei>
        <title>VALIC Company I - Government Securities Fund</title>
        <cusip>91915R301</cusip>
        <identifiers>
          <isin value="US91915R3012"/>
        </identifiers>
        <balance>588161.34000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5552243.00000000</valUSD>
        <pctVal>3.894939131016</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>AO55934 ALLIANCE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AO55934"/>
        </identifiers>
        <balance>7000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>360111.65000000</valUSD>
        <pctVal>0.252620960055</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Goldman Sachs International</counterpartyName>
              <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Index</indexName>
                <indexIdentifier>SPXW INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>1.00000000</shareNo>
            <exercisePrice>5100.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-06-20</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-288070.15000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Global Real Estate Fund</name>
        <lei>BN28XL4FUV1KBKBGB066</lei>
        <title>VALIC Company I - Global Real Estate Fund</title>
        <cusip>91915R590</cusip>
        <identifiers>
          <isin value="US91915R5900"/>
        </identifiers>
        <balance>226792.28000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1639708.15000000</valUSD>
        <pctVal>1.150267277005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWAP UBS BOC</name>
        <lei>N/A</lei>
        <title>SWAP UBS BOC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="996HXG909"/>
        </identifiers>
        <balance>-570500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-570500.00000000</valUSD>
        <pctVal>-0.40020992853</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Co. I International Equities Index Fund</name>
        <lei>549300BT736E526BQ228</lei>
        <title>VALIC Co. I International Equities Index Fund</title>
        <cusip>91915R608</cusip>
        <identifiers>
          <isin value="US91915R6080"/>
        </identifiers>
        <balance>271570.44000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2259466.07000000</valUSD>
        <pctVal>1.585031997203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Small Cap Growth Fund</name>
        <lei>549300CBSA7V41FZ3N09</lei>
        <title>VALIC Company I - Small Cap Growth Fund</title>
        <cusip>91915R467</cusip>
        <identifiers>
          <isin value="US91915R4671"/>
        </identifiers>
        <balance>63395.82000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1108158.90000000</valUSD>
        <pctVal>0.777381584882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Co. I Dividend Value Fund</name>
        <lei>N/A</lei>
        <title>VALIC Co. I Dividend Value Fund</title>
        <cusip>91915R822</cusip>
        <identifiers>
          <isin value="US91915R8227"/>
        </identifiers>
        <balance>698795.68000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9238078.94000000</valUSD>
        <pctVal>6.480580039243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - International Government Bond Fund</name>
        <lei>5XWMVVJ1FNBPYXOO4263</lei>
        <title>VALIC Company I - International Government Bond Fund</title>
        <cusip>91915R707</cusip>
        <identifiers>
          <isin value="US91915R7070"/>
        </identifiers>
        <balance>43857.53000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>446031.08000000</valUSD>
        <pctVal>0.312894069503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Small Cap Special Values Fund</name>
        <lei>549300B3558NT4B3DX53</lei>
        <title>VALIC Company I - Small Cap Special Values Fund</title>
        <cusip>91915R632</cusip>
        <identifiers>
          <isin value="US91915R6320"/>
        </identifiers>
        <balance>60017.83000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>813841.72000000</valUSD>
        <pctVal>0.570915927433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC I - Systematic Core Fund</name>
        <lei>549300WSMNETB2CVIY07</lei>
        <title>VALIC I - Systematic Core Fund</title>
        <cusip>91915R509</cusip>
        <identifiers>
          <isin value="US91915R5090"/>
        </identifiers>
        <balance>254531.36000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8921323.99000000</valUSD>
        <pctVal>6.258374121797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CHT1</cusip>
        <identifiers>
          <isin value="US91282CHT18"/>
        </identifiers>
        <balance>3228300.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3155284.93000000</valUSD>
        <pctVal>2.213455488775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.88000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citibank NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>AO53466 ALLIANCE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AO53466"/>
        </identifiers>
        <balance>1500.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>80357.00000000</valUSD>
        <pctVal>0.056371024062</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Index</indexName>
                <indexIdentifier>SPXW INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>1.00000000</shareNo>
            <exercisePrice>5300.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-05-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-74878.00000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - International Growth Fund</name>
        <lei>549300R2BVRYEJ68D063</lei>
        <title>VALIC Company I - International Growth Fund</title>
        <cusip>91915R814</cusip>
        <identifiers>
          <isin value="US91915R8144"/>
        </identifiers>
        <balance>189714.44000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2268984.73000000</valUSD>
        <pctVal>1.591709406911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWAP GOLDMAN SACHS BOC</name>
        <lei>N/A</lei>
        <title>SWAP GOLDMAN SACHS BOC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="996HWS904"/>
        </identifiers>
        <balance>-488000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-488000.00000000</valUSD>
        <pctVal>-0.34233557427</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Stock Index Fund</name>
        <lei>N/A</lei>
        <title>VALIC Company I - Stock Index Fund</title>
        <cusip>91915R848</cusip>
        <identifiers>
          <isin value="US91915R8482"/>
        </identifiers>
        <balance>256987.21000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15671079.76000000</valUSD>
        <pctVal>10.99337723196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Systematic Growth Fund</name>
        <lei>5493005DFHLA4UP20879</lei>
        <title>VALIC Company I - Systematic Growth Fund</title>
        <cusip>91915R764</cusip>
        <identifiers>
          <isin value="US91915R7641"/>
        </identifiers>
        <balance>204202.41000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4049333.79000000</valUSD>
        <pctVal>2.840637312383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Growth Fund</name>
        <lei>WENY0LWACCRTMO4IWQ48</lei>
        <title>VALIC Company I - Growth Fund</title>
        <cusip>91915R616</cusip>
        <identifiers>
          <isin value="US91915R6163"/>
        </identifiers>
        <balance>311970.64000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5400211.71000000</valUSD>
        <pctVal>3.788288067553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Co. I International Value Fund</name>
        <lei>549300X6NOKU3L8IJE25</lei>
        <title>VALIC Co. I International Value Fund</title>
        <cusip>91915R681</cusip>
        <identifiers>
          <isin value="US91915R6817"/>
        </identifiers>
        <balance>306689.18000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3361313.36000000</valUSD>
        <pctVal>2.357985941442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CLF6</cusip>
        <identifiers>
          <isin value="US91282CLF67"/>
        </identifiers>
        <balance>842200.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>820618.63000000</valUSD>
        <pctVal>0.575669979435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.88000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Inflation Protected Fund</name>
        <lei>549300CUFR3ZO1RZIT41</lei>
        <title>VALIC Company I - Inflation Protected Fund</title>
        <cusip>91915R731</cusip>
        <identifiers>
          <isin value="US91915R7310"/>
        </identifiers>
        <balance>183547.55000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1587686.34000000</valUSD>
        <pctVal>1.113773596264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CGM7</cusip>
        <identifiers>
          <isin value="US91282CGM73"/>
        </identifiers>
        <balance>927200.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>884172.13000000</valUSD>
        <pctVal>0.620253225172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS AG</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>AO60411 ALLIANCE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AO60411"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>395607.97000000</valUSD>
        <pctVal>0.277521888522</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>UBS AG</counterpartyName>
              <counterpartyLei>BFM8T61CT2L1QCEMIK50</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Index</indexName>
                <indexIdentifier>SPXW INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>1.00000000</shareNo>
            <exercisePrice>5600.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-06-20</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-17210.83000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Mid Cap Value Fund</name>
        <lei>N/A</lei>
        <title>VALIC Company I - Mid Cap Value Fund</title>
        <cusip>91915R517</cusip>
        <identifiers>
          <isin value="US91915R5173"/>
        </identifiers>
        <balance>87039.53000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1693789.31000000</valUSD>
        <pctVal>1.188205606854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citibank NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>AO57349 ALLIANCE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AO57349"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>53571.33000000</valUSD>
        <pctVal>0.037580680369</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Index</indexName>
                <indexIdentifier>SPXW INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>1.00000000</shareNo>
            <exercisePrice>5300.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-05-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-14248.67000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Chase Bank NA</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>AO48473 ALLIANCE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AO48473"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>24332.57000000</valUSD>
        <pctVal>0.017069476075</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>JPMorgan Chase Bank NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Index</indexName>
                <indexIdentifier>SPXW INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>1.00000000</shareNo>
            <exercisePrice>4875.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-04-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-62675.93000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Small Cap Index Fund</name>
        <lei>549300I8EQ1WQJZGIB21</lei>
        <title>VALIC Company I - Small Cap Index Fund</title>
        <cusip>91915R863</cusip>
        <identifiers>
          <isin value="US91915R8631"/>
        </identifiers>
        <balance>36147.93000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>647409.34000000</valUSD>
        <pctVal>0.454162393856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CKQ3</cusip>
        <identifiers>
          <isin value="US91282CKQ32"/>
        </identifiers>
        <balance>2576200.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2611220.22000000</valUSD>
        <pctVal>1.831790109795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.38000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS AG</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>AO53767 ALLIANCE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AO53767"/>
        </identifiers>
        <balance>2500.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>133928.33000000</valUSD>
        <pctVal>0.093951704431</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>UBS AG</counterpartyName>
              <counterpartyLei>BFM8T61CT2L1QCEMIK50</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Index</indexName>
                <indexIdentifier>SPXW INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>1.00000000</shareNo>
            <exercisePrice>5300.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-05-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-146316.42000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Co. I Systematic Value Fund</name>
        <lei>549300ARM031E6VS3K91</lei>
        <title>VALIC Co. I Systematic Value Fund</title>
        <cusip>91915R699</cusip>
        <identifiers>
          <isin value="US91915R6999"/>
        </identifiers>
        <balance>587282.94000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9472873.74000000</valUSD>
        <pctVal>6.645290311160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alliance Bernstein</name>
        <lei>5493006YWHO7MNK2U579</lei>
        <title>AB Fixed Income Shares, Inc. - Government Money Market Portfolio</title>
        <cusip>018616748</cusip>
        <identifiers>
          <isin value="US0186167484"/>
        </identifiers>
        <balance>5962332.59000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5962332.59000000</valUSD>
        <pctVal>4.182619982037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Mid Cap Index Fund</name>
        <lei>549300O70V0BUGFDRV16</lei>
        <title>VALIC Company I - Mid Cap Index Fund</title>
        <cusip>91915R806</cusip>
        <identifiers>
          <isin value="US91915R8060"/>
        </identifiers>
        <balance>52543.79000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1577889.89000000</valUSD>
        <pctVal>1.106901314837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CEP2</cusip>
        <identifiers>
          <isin value="US91282CEP23"/>
        </identifiers>
        <balance>3285700.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3017838.43000000</valUSD>
        <pctVal>2.117035762320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.88000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Chase Bank NA</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>AO56896 ALLIANCE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AO56896"/>
        </identifiers>
        <balance>500.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>12166.28000000</valUSD>
        <pctVal>0.008534734529</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>JPMorgan Chase Bank NA</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Index</indexName>
                <indexIdentifier>SPXW INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>1.00000000</shareNo>
            <exercisePrice>4875.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-04-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-13433.72000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CDY4</cusip>
        <identifiers>
          <isin value="US91282CDY49"/>
        </identifiers>
        <balance>1913800.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1644597.12000000</valUSD>
        <pctVal>1.153696925268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.88000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - Large Capital Growth Fund</name>
        <lei>5493002ZTX9ZUU2QK480</lei>
        <title>VALIC Company I - Large Capital Growth Fund</title>
        <cusip>91915R723</cusip>
        <identifiers>
          <isin value="US91915R7237"/>
        </identifiers>
        <balance>234562.23000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5080617.92000000</valUSD>
        <pctVal>3.564090683054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALIC Company I - US Socially Responsible Fund</name>
        <lei>N/A</lei>
        <title>VALIC Company I - US Socially Responsible Fund</title>
        <cusip>91915R475</cusip>
        <identifiers>
          <isin value="US91915R4754"/>
        </identifiers>
        <balance>270498.48000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5907686.87000000</valUSD>
        <pctVal>4.144285609213</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CJZ5</cusip>
        <identifiers>
          <isin value="US91282CJZ59"/>
        </identifiers>
        <balance>2657900.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2617823.86000000</valUSD>
        <pctVal>1.836422611622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>S+P500 EMINI FUT DEC24</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Bloomberg Identifier" value="BBG011BQCND8"/>
        </identifiers>
        <balance>100.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>655625.02000000</valUSD>
        <pctVal>0.459925753550</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CME E-mini S&amp;P 500 Index Futures</indexName>
                <indexIdentifier>ESZ4 Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2024-12-20</expDate>
            <notionalAmt>29601874.98000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>655625.02000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-12-17</ncom:dateSigned>
      <ncom:nameOfApplicant>VALIC Co I</ncom:nameOfApplicant>
      <ncom:signature>Donna McManus</ncom:signature>
      <ncom:signerName>Donna McManus</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
