Separate Account A The Variable Annuity Life Insurance Company

Transcription

Separate Account AThe Variable Annuity Life Insurance Company2021Annual ReportDecember 31, 2021

Report of Independent Registered Public Accounting FirmTo the Board of Directors of The Variable Annuity Life Insurance Company and The Variable Annuity LifeInsurance Company Contract Owners of Separate Account A.Opinions on the Financial StatementsWe have audited the accompanying statements of assets and liabilities, including the schedules of portfolioinvestments, of each of the sub-accounts of The Variable Annuity Life Insurance Company SeparateAccount A (“Separate Account A”) indicated in the table below as of December 31, 2021, and the relatedstatements of operations and changes in net assets for each of the two years in the period then ended oreach of the periods indicated in the table below, including the related notes (collectively referred to as the“financial statements”). In our opinion, the financial statements present fairly, in all material respects, thefinancial position of each of the sub-accounts of the Separate Account A as of December 31, 2021, and theresults of each of their operations and the changes in each of their net assets for the two years in the periodthen ended or each of the periods indicated in the table below, in conformity with accounting principlesgenerally accepted in the United States of America.American Beacon Bridgeway Large Cap Growth Fund InvestorClassAriel Fund Investor ClassAST SA PGI Asset Allocation Portfolio Class 3 (3)(5)FTVIP Franklin Income VIP Fund Class 2Invesco V.I. American Franchise Fund Series IIInvesco V.I. Comstock Fund Series IILord Abbett Growth and Income Portfolio Class VCPIMCO Total Return Portfolio Advisor ClassSAST SA AB Growth Portfolio Class 3SAST SA American Funds Asset Allocation Portfolio Class 3SAST SA American Funds Growth Portfolio Class 3SAST SA American Funds VCP Managed Allocation PortfolioClass 3SAST SA BlackRock VCP Global Multi Asset Portfolio Class 3SAST SA DFA Ultra Short Bond Portfolio Class 3SAST SA Federated Hermes Corporate Bond Portfolio Class 3SAST SA Fidelity Institutional AM International GrowthClass 3SAST SA Fixed Income Index Portfolio Class 3SAST SA Franklin BW U.S. Large Cap Value Portfolio Class 3SAST SA Franklin Systematic U.S. Large Cap Value PortfolioClass 3SAST SA Franklin U.S. Equity Smart Beta Portfolio Class 1 (4)SAST SA Global Index Allocation 60/40 Portfolio Class 3SAST SA Global Index Allocation 90/10 Portfolio Class 3SAST SA Goldman Sachs Multi-Asset Insights Portfolio Class 3SAST SA Index Allocation 80/20 Portfolio Class 3SAST SA International Index Portfolio Class 3SAST SA Invesco Main Street Large Cap Portfolio Class 3SAST SA Janus Focused Growth Portfolio Class 3SAST SA JPMorgan Emerging Markets Portfolio Class 3SAST SA JPMorgan Global Equities Portfolio Class 3Ariel Appreciation Fund Investor ClassAST SA BlackRock Multi-Asset Income Portfolio Class 3 (1)(3)FTVIP Franklin Allocation VIP Fund Class 2Goldman Sachs VIT Government Money Market Fund ServiceSharesInvesco V.I. Balanced-Risk Commodity Strategy Fund Class R5Invesco V.I. Growth and Income Fund Series IIPIMCO Emerging Markets Bond Portfolio Advisor Class (2)PIMCO Total Return Portfolio Institutional Class (4)SAST SA AB Small & Mid Cap Value Portfolio Class 3SAST SA American Funds Global Growth Portfolio Class 3SAST SA American Funds Growth-Income Portfolio Class 3SAST SA BlackRock Multi-Factor 70/30 Portfolio Class 3 (2)SAST SA Columbia Technology Portfolio Class 3 (3)(10)SAST SA Emerging Markets Equity Index Portfolio Class 3SAST SA Fidelity Institutional AM International GrowthClass 1 (4)SAST SA Fidelity Institutional AM Real Estate Portfolio Class3SAST SA Fixed Income Intermediate Index Portfolio Class 3SAST SA Franklin Small Company Value Portfolio Class 3SAST SA Franklin Tactical Opportunities Portfolio Class 3SAST SA Franklin U.S. Equity Smart Beta Portfolio Class 3SAST SA Global Index Allocation 75/25 Portfolio Class 3SAST SA Goldman Sachs Global Bond Portfolio Class 3SAST SA Index Allocation 60/40 Portfolio Class 3SAST SA Index Allocation 90/10 Portfolio Class 3SAST SA Invesco Growth Opportunities Portfolio Class 3SAST SA Invesco VCP Equity-Income Portfolio Class 3 (3)(27)SAST SA JPMorgan Diversified Balanced Portfolio Class 3SAST SA JPMorgan Equity-Income Portfolio Class 3SAST SA JPMorgan MFS Core Bond Portfolio Class 3PricewaterhouseCoopers LLP, 1000 Louisiana Street, Suite 5800, Houston, TX 77002T: (713) 356 4000, F: (713) 356 4717, www.pwc.com/us

SAST SA JPMorgan Mid-Cap Growth Portfolio Class 3SAST SA Large Cap Index Portfolio Class 3SAST SA MFS Blue Chip Growth Portfolio Class 3SAST SA MFS Total Return Portfolio Class 3SAST SA Morgan Stanley International Equities Portfolio Class3SAST SA PIMCO VCP Tactical Balanced Portfolio Class 3SAST SA Putnam International Growth and Income PortfolioClass 3SAST SA Small Cap Index Portfolio Class 3SAST SA T. Rowe Price VCP Balanced Portfolio Class 3SAST SA VCP Dynamic Strategy Portfolio Class 3SAST SA Wellington Capital Appreciation Portfolio Class 3 (6)SAST SA Wellington Strategic Multi-Asset Portfolio Class 3 (8)SST SA Allocation Balanced Portfolio Class 3SST SA Allocation Moderate Growth Portfolio Class 3SST SA Putnam Asset Allocation Diversified Growth PortfolioClass 3T Rowe Price Retirement 2015 Advisor ClassT Rowe Price Retirement 2025 Advisor ClassT Rowe Price Retirement 2035 Advisor ClassT Rowe Price Retirement 2045 Advisor ClassT Rowe Price Retirement 2055 Advisor ClassVALIC Company I Aggressive Growth Lifestyle Fund (4)(11)VALIC Company I Blue Chip Growth FundVALIC Company I Capital Conservation Fund (3)(14)VALIC Company I Core Bond Fund (14)VALIC Company I Dividend Value FundVALIC Company I Emerging Economies FundVALIC Company I Global Strategy FundVALIC Company I Government Securities FundVALIC Company I Health Sciences Fund (3)(23)VALIC Company I Inflation Protected FundVALIC Company I International Government Bond FundVALIC Company I International Opportunities Fund (16)VALIC Company I International Value FundVALIC Company I Large Capital Growth FundVALIC Company I Mid Cap Strategic Growth FundVALIC Company I Moderate Growth Lifestyle Fund (18)VALIC Company I Science & Technology FundVALIC Company I Small Cap Fund (3)(19)VALIC Company I Small Cap Index FundVALIC Company I Small Cap Value Fund (20)VALIC Company I Stock Index FundVALIC Company I Systematic Value FundVALIC Company I Value Fund (3) (24)VALIC Company II Capital Appreciation Fund (3)(12)VALIC Company II Core Bond Fund (3)(14)SAST SA Large Cap Growth Index Portfolio Class 3SAST SA Large Cap Value Index Portfolio Class 3SAST SA MFS Massachusetts Investors Trust Portfolio Class 3SAST SA Mid Cap Index Portfolio Class 3SAST SA PIMCO RAE International Value Portfolio Class 3SAST SA PineBridge High-Yield Bond Portfolio Class 3SAST SA Schroders VCP Global Allocation Portfolio Class 3SAST SA T. Rowe Price Asset Allocation Growth Portfolio Class3SAST SA VCP Dynamic Allocation Portfolio Class 3SAST SA VCP Index Allocation Portfolio Class 3SAST SA Wellington Government and Quality Bond PortfolioClass 3 (7)SAST SA WellsCap Aggressive Growth Portfolio Class 3 (3)(9)SST SA Allocation Growth Portfolio Class 3SST SA Allocation Moderate Portfolio Class 3SST SA Wellington Real Return Portfolio Class 3T Rowe Price Retirement 2020 Advisor ClassT Rowe Price Retirement 2030 Advisor ClassT Rowe Price Retirement 2040 Advisor ClassT Rowe Price Retirement 2050 Advisor ClassT Rowe Price Retirement 2060 Advisor ClassVALIC Company I Asset Allocation FundVALIC Company I Capital Appreciation Fund (12)VALIC Company I Conservative Growth Lifestyle Fund (13)VALIC Company I Core Equity Fund (3)(22)VALIC Company I Dynamic Allocation FundVALIC Company I Global Real Estate FundVALIC Company I Government Money Market I FundVALIC Company I Growth FundVALIC Company I High Yield Bond Fund (15)VALIC Company I International Equities Index FundVALIC Company I International Growth FundVALIC Company I International Socially Responsible FundVALIC Company I Large Cap Core Fund (3)(22)VALIC Company I Mid Cap Index FundVALIC Company I Mid Cap Value Fund (17)VALIC Company I Nasdaq-100 Index FundVALIC Company I Small Cap Aggressive Growth Fund (3)(19)VALIC Company I Small Cap Growth Fund (19)VALIC Company I Small Cap Special Values FundVALIC Company I Small Mid Growth Fund (3)(25)VALIC Company I Systematic Core FundVALIC Company I U.S. Socially Responsible Fund (21)VALIC Company II Aggressive Growth Lifestyle Fund (4)(11)VALIC Company II Conservative Growth Lifestyle Fund (3)(13)VALIC Company II Government Money Market II Fund (3)(26)VALIC Company II International Opportunities Fund (3)(16)VALIC Company II Mid Cap Growth Fund (3)(25)VALIC Company II Moderate Growth Lifestyle Fund (18)VALIC Company II Small Cap Value Fund (3) (20)VALIC Company II U.S. Socially Responsible Fund (3)(21)Vanguard LifeStrategy Growth Fund Investor SharesVALIC Company II High Yield Bond Fund (3)(15)VALIC Company II Large Cap Value Fund (3)(24)VALIC Company II Mid Cap Value Fund (3)(17)VALIC Company II Small Cap Growth Fund (3)(19)VALIC Company II Strategic Bond Fund (3)(14)Vanguard LifeStrategy Conservative Growth Fund InvestorSharesVanguard LifeStrategy Moderate Growth Fund Investor SharesVanguard Long-Term Investment-Grade Fund Investor SharesVanguard Long-Term Treasury Fund Investor SharesVanguard Wellington Fund Investor SharesVanguard Windsor II Fund Investor Shares(1)For the period January 1, 2020 to January 31, 2020 (cessation of operations).2

6)(17)(18)(19)(20)(21)(22)3For the period October 13, 2020 (commencement of operations) to December 31, 2020 and January 1, 2021 to December31, 2021.Where there was a cessation of operations, only a statement of operations and changes in net assets is included for therespective periods presented.There is no respective statement of assets and liabilities and statement of operations and changes in net assets, since therewas no activity for the periods presented.The AST SA PGI Asset Allocation Portfolio, in operation for the period January 1, 2020 to December 31, 2020 and January1, 2021 to November 5, 2021 (cessation of operations), merged into the SAST SA JPMorgan Diversified Balanced Portfolio.The AST SA Wellington Capital Appreciation Portfolio, in operation for the period January 1, 2020 to December 31, 2020and January 1, 2021 to November 5, 2021 (cessation of operations), merged into the SAST SA Wellington CapitalAppreciation Portfolio, in operation for the period November 5, 2021 (commencement of operations) to December 31,2021.The AST SA Wellington Government and Quality Bond Portfolio, in operation for the period January 1, 2020 to December31, 2020 and January 1, 2021 to November 5, 2021 (cessation of operations), merged into the SAST SA WellingtonGovernment and Quality Bond Portfolio, in operation for the period November 5, 2021 (commencement of operations) toDecember 31, 2021.The AST SA Wellington Strategic Multi-Asset Portfolio, in operation for the period January 1, 2020 to December 31, 2020and January 1, 2021 to November 5, 2021 (cessation of operations), merged into the SAST SA Wellington Strategic MultiAsset Portfolio, in operation for the period November 5, 2021 (commencement of operations) to December 31, 2021.The SAST SA WellsCap Aggressive Growth Portfolio, in operation for the period January 1, 2020 to December 31, 2020and January 1, 2021 to November 5, 2021 (cessation of operations), merged into the SAST SA JPMorgan Mid-Cap GrowthPortfolio.The SAST SA Columbia Technology Portfolio, in operation for the period January 1, 2020 to December 31, 2020 andJanuary 1, 2021 to November 5, 2021 (cessation of operations), merged into the SAST SA Wellington Capital AppreciationPortfolio, in operation for the period November 5, 2021 (commencement of operations) to December 31, 2021.The VALIC Company II Aggressive Growth Fund, in operation for the period January 1, 2020 to December 31, 2020 andJanuary 1, 2021 to May 24, 2021 (cessation of operations) merged into the VALIC Company I Aggressive Growth Fund, inoperation for the period May 24, 2021 (commencement of operations) to December 31, 2021.The VALIC Company II Capital Appreciation Fund, in operation for the period January 1, 2020 to December 31, 2020 andJanuary 1, 2021 to May 24, 2021 (cessation of operations) merged into the VALIC Company I Capital Appreciation Fund,in operation for the period May 24, 2021 (commencement of operations) to December 31, 2021.The VALIC Company II Conservative Growth Lifestyle Fund, in operation for the period January 1, 2020 to December 31,2020 and January 1, 2021 to May 24, 2021 (cessation of operations) merged into the VALIC Company I ConservativeGrowth Lifestyle Fund, in operation for the period May 24, 2021 (commencement of operations) to December 31, 2021.The VALIC Company II Core Bond Fund, VALIC Company II Strategic Bond Fund and the VALIC Company I CapitalConservation Fund, in operation for the period January 1, 2020 to December 31, 2020 and January 1, 2021 to May 24,2021 (cessation of operations) merged into the VALIC Company I Core Bond Fund, in operation for the period May 24,2021 (commencement of operations) to December 31, 2021.The VALIC Company II High Yield Bond Fund, in operation for the period January 1, 2020 to December 31, 2020 andJanuary 1, 2021 to May 24, 2021 (cessation of operations) merged into the VALIC Company I High Yield Bond Fund, inoperation for the period May 24, 2021 (commencement of operations) to December 31, 2021.The VALIC Company II International Opportunities Fund, in operation for the period January 1, 2020 to December 31,2020 and January 1, 2021 to May 24, 2021 (cessation of operations) merged into the VALIC Company I InternationalOpportunities Fund, in operation for the period May 24, 2021 (commencement of operations) to December 31, 2021.The VALIC Company II Mid Cap Value Fund, in operation for the period January 1, 2020 to December 31, 2020 andJanuary 1, 2021 to May 24, 2021 (cessation of operations) merged into the VALIC Company I Mid Cap Value Fund, inoperation for the period May 24, 2021 (commencement of operations) to December 31, 2021.The VALIC Company II Moderate Growth Lifestyle Fund, in operation for the period January 1, 2020 to December 31,2020 and January 1, 2021 to May 24, 2021 (cessation of operations) merged into the VALIC Company I Moderate GrowthLifestyle Fund, in operation for the period May 24, 2021 (commencement of operations) to December 31, 2021.The VALIC Company II Small Cap Growth Fund, VALIC Company I Small Cap Aggressive Growth Fund and the VALICCompany I Small Cap Fund, in operation for the period January 1, 2020 to December 31, 2020 and January 1, 2021 toMay 24, 2021 (cessation of operations) merged into the VALIC Company I Small Cap Growth Fund, in operation for theperiod May 24, 2021 (commencement of operations) to December 31, 2021.The VALIC Company II Small Cap Value Fund, in operation for the period January 1, 2020 to December 31, 2020 andJanuary 1, 2021 to May 24, 2021 (cessation of operations) merged into the VALIC Company I Small Cap Value Fund, inoperation for the period May 24, 2021 (commencement of operations) to December 31, 2021.The VALIC Company II U.S. Socially Responsible Fund, in operation for the period January 1, 2020 to December 31, 2020and January 1, 2021 to May 24, 2021 (cessation of operations) merged into the VALIC Company I U.S. SociallyResponsible Fund, in operation for the period May 24, 2021 (commencement of operations) to December 31, 2021.The VALIC Company I Core Equity Fund and VALIC Company I Large Cap Core Fund, in operation for the period January1, 2020 to December 31, 2020 and January 1, 2021 to April 19, 2021 (cessation of operations) merged into the VALICCompany I Systematic Core Fund.

(23)(24)(25)(26)(27)The VALIC Company I Health Sciences Fund, in operation for the period January 1, 2020 to December 31, 2020 andJanuary 1, 2021 to April 19, 2021 (cessation of operations) merged into the VALIC Company I Science & Technology Fund.The VALIC Company I Value Fund and the VALIC Company II Large Cap Value Fund, in operation for the period January1, 2020 to December 31, 2020 and January 1, 2021 to April 19, 2021 (cessation of operations) merged into the VALICCompany I Systematic Value Fund.The VALIC Company I Small Mid Growth Fund and the VALIC Company II Mid Cap Growth Fund, in operation for theperiod January 1, 2020 to December 31, 2020 and January 1, 2021 to April 19, 2021 (cessation of operations) merged intothe VALIC Company I Mid Cap Strategic Growth Fund.The VALIC Company II Government Money Market II Fund, in operation for the period January 1, 2020 to December 31,2020 and January 1, 2021 to May 24, 2021 (cessation of operations) merged into the VALIC Company I GovernmentMoney Market I Fund.The SAST SA Invesco VCP Equity-Income Portfolio, in operation for the period January 1, 2020 to December 31, 2020 andJanuary 1, 2021 to May 3, 2021, merged into the SAST SA VCP Dynamic Strategy Portfolio.Basis for OpinionsThese financial statements are the responsibility of The Variable Annuity Life Insurance Companymanagement. Our responsibility is to express an opinion on the financial statements of each of the subaccounts of Separate Account A based on our audits. We are a public accounting firm registered with thePublic Company Accounting Oversight Board (United States) (PCAOB) and are required to beindependent with respect to each of the sub-accounts of Separate Account A in accordance with the U.S.federal securities laws and the applicable rules and regulations of the Securities and ExchangeCommission and the PCAOB.We conducted our audits of these financial statements in accordance with the standards of the PCAOB.Those standards require that we plan and perform the audit to obtain reasonable assurance about whetherthe financial statements are free of material misstatement, whether due to error or fraud.Our audits included performing procedures to assess the risks of material misstatement of the financialstatements, whether due to error or fraud, and performing procedures that respond to those risks. Suchprocedures included examining, on a test basis, evidence regarding the amounts and disclosures in thefinancial statements. Our audits also included evaluating the accounting principles used and significantestimates made by management, as well as evaluating the overall presentation of the financial statements.Our procedures included confirmation of investments owned as of December 31, 2021 by correspondencewith the transfer agents of the investee mutual funds and the custodians. We believe that our auditsprovide a reasonable basis for our opinions.Houston, TexasApril 25, 2022We have served as the auditor of one or more of the sub-accounts of The Variable Annuity Life InsuranceCompany since at least 1994. We have not been able to determine the specific year we began serving asauditor.4

SEPARATE ACCOUNT ATHE VARIABLE ANNUITY LIFE INSURANCE COMPANYSTATEMENT OF ASSETS AND LIABILITIESDecember 31, 2021Sub-accountsAmerican Beacon Bridgeway Large Cap Growth Fund Investor ClassAriel Appreciation Fund Investor ClassAriel Fund Investor ClassFTVIP Franklin Allocation VIP Fund Class 2FTVIP Franklin Income VIP Fund Class 2Goldman Sachs VIT Government Money Market Fund Service SharesInvesco V.I. American Franchise Fund Series IIInvesco V.I. Balanced-Risk Commodity Strategy Fund Class R5Invesco V.I. Comstock Fund Series IIInvesco V.I. Growth and Income Fund Series IILord Abbett Growth and Income Portfolio Class VCPIMCO Emerging Markets Bond Portfolio Advisor ClassPIMCO Total Return Portfolio Advisor ClassSST SA Allocation Balanced Portfolio Class 3SST SA Allocation Growth Portfolio Class 3SST SA Allocation Moderate Growth Portfolio Class 3SST SA Allocation Moderate Portfolio Class 3SST SA Putnam Asset Allocation Diversified Growth Portfolio Class 3SST SA Wellington Real Return Portfolio Class 3SAST SA AB Growth Portfolio Class 3SAST SA AB Small & Mid Cap Value Portfolio Class 3SAST SA American Funds Asset Allocation Portfolio Class 3SAST SA American Funds Global Growth Portfolio Class 3SAST SA American Funds Growth Portfolio Class 3SAST SA American Funds Growth-Income Portfolio Class 3SAST SA American Funds VCP Managed Allocation Portfolio Class 3SAST SA BlackRock Multi-Factor 70/30 Portfolio Class 3SAST SA BlackRock VCP Global Multi Asset Portfolio Class 3SAST SA DFA Ultra Short Bond Portfolio Class 3SAST SA Emerging Markets Equity Index Portfolio Class 3SAST SA Federated Hermes Corporate Bond Portfolio Class 3SAST SA Fidelity Institutional AM International Growth Class 3SAST SA Fidelity Institutional AM Real Estate Portfolio Class 3SAST SA Fixed Income Index Portfolio Class 3SAST SA Fixed Income Intermediate Index Portfolio Class 3SAST SA Franklin BW U.S. Large Cap Value Portfolio Class 3SAST SA Franklin Small Company Value Portfolio Class 3SAST SA Franklin Systematic U.S. Large Cap Value Portfolio Class 3SAST SA Franklin Tactical Opportunities Portfolio Class 3SAST SA Franklin U.S. Equity Smart Beta Portfolio Class 3SAST SA Global Index Allocation 60/40 Portfolio Class 3SAST SA Global Index Allocation 75/25 Portfolio Class 3SAST SA Global Index Allocation 90/10 Portfolio Class 3SAST SA Goldman Sachs Global Bond Portfolio Class 3SAST SA Goldman Sachs Multi-Asset Insights Portfolio Class 3SAST SA Index Allocation 60/40 Portfolio Class 3SAST SA Index Allocation 80/20 Portfolio Class 3SAST SA Index Allocation 90/10 Portfolio Class 3SAST SA International Index Portfolio Class 3SAST SA Invesco Growth Opportunities Portfolio Class 3SAST SA Invesco Main Street Large Cap Portfolio Class 3SAST SA Janus Focused Growth Portfolio Class 3SAST SA JPMorgan Diversified Balanced Portfolio Class 3SAST SA JPMorgan Emerging Markets Portfolio Class 3SAST SA JPMorgan Equity-Income Portfolio Class 3SAST SA JPMorgan Global Equities Portfolio Class 3SAST SA JPMorgan MFS Core Bond Portfolio Class 3SAST SA JPMorgan Mid-Cap Growth Portfolio Class 3SAST SA Large Cap Growth Index Portfolio Class 3SAST SA Large Cap Index Portfolio Class 3SAST SA Large Cap Value Index Portfolio Class 3SAST SA MFS Blue Chip Growth Portfolio Class 3SAST SA MFS Massachusetts Investors Trust Portfolio Class 3SAST SA MFS Total Return Portfolio Class 3SAST SA Mid Cap Index Portfolio Class 3SAST SA Morgan Stanley International Equities Portfolio Class 3SAST SA PIMCO RAE International Value Portfolio Class 3SAST SA PIMCO VCP Tactical Balanced Portfolio Class 3SAST SA PineBridge High-Yield Bond Portfolio Class 3SAST SA Putnam International Growth and Income Portfolio Class 3SAST SA Schroders VCP Global Allocation Portfolio Class 3SAST SA Small Cap Index Portfolio Class 3SAST SA T. Rowe Price Asset Allocation Growth Portfolio Class 3Investments at FairValue 89,572,363 25,7751,132,0613,953,968The accompanying Notes to Financial Statements are an integral part of this statement.3Due from (to)GeneralAccount, Net(4,170) (11,927)(18,757)(4,862)-Net Assets89,568,193 25,7751,132,0613,953,968ContractNet AssetsOwners Contract OwnersAttributable toAnnuity- AccumulationContract OwnerReservesReservesReserves11,692 89,556,501 11,132,0613,953,9683,953,968

SEPARATE ACCOUNT ATHE VARIABLE ANNUITY LIFE INSURANCE COMPANYSTATEMENT OF ASSETS AND LIABILITIESDecember 31, 2021Sub-accountsSAST SA T. Rowe Price VCP Balanced Portfolio Class 3SAST SA VCP Dynamic Allocation Portfolio Class 3SAST SA VCP Dynamic Strategy Portfolio Class 3SAST SA VCP Index Allocation Portfolio Class 3SAST SA Wellington Capital Appreciation Portfolio Class 3SAST SA Wellington Government and Quality Bond Portfolio Class 3SAST SA Wellington Strategic Multi-Asset Portfolio Class 3T Rowe Price Retirement 2015 Advisor ClassT Rowe Price Retirement 2020 Advisor ClassT Rowe Price Retirement 2025 Advisor ClassT Rowe Price Retirement 2030 Advisor ClassT Rowe Price Retirement 2035 Advisor ClassT Rowe Price Retirement 2040 Advisor ClassT Rowe Price Retirement 2045 Advisor ClassT Rowe Price Retirement 2050 Advisor ClassT Rowe Price Retirement 2055 Advisor ClassT Rowe Price Retirement 2060 Advisor ClassVALIC Company I Aggressive Growth Lifestyle FundVALIC Company I Asset Allocation FundVALIC Company I Blue Chip Growth FundVALIC Company I Capital Appreciation FundVALIC Company I Conservative Growth Lifestyle FundVALIC Company I Core Bond FundVALIC Company I Dividend Value FundVALIC Company I Dynamic Allocation FundVALIC Company I Emerging Economies FundVALIC Company I Global Real Estate FundVALIC Company I Global Strategy FundVALIC Company I Government Money Market I FundVALIC Company I Government Securities FundVALIC Company I Growth FundVALIC Company I High Yield Bond FundVALIC Company I Inflation Protected FundVALIC Company I International Equities Index FundVALIC Company I International Government Bond FundVALIC Company I International Growth FundVALIC Company I International Opportunities FundVALIC Company I International Socially Responsible FundVALIC Company I International Value FundVALIC Company I Large Capital Growth FundVALIC Company I Mid Cap Index FundVALIC Company I Mid Cap Strategic Growth FundVALIC Company I Mid Cap Value FundVALIC Company I Moderate Growth Lifestyle FundVALIC Company I Nasdaq-100 Index FundVALIC Company I Science & Technology FundVALIC Company I Small Cap Growth FundVALIC Company I Small Cap Index FundVALIC Company I Small Cap Special Values FundVALIC Company I Small Cap Value FundVALIC Company I Stock Index FundVALIC Company I Systematic Core FundVALIC Company I Systematic Value FundVALIC Company I U.S. Socially Responsible FundVanguard LifeStrategy Conservative Growth Fund Investor SharesVanguard LifeStrategy Growth Fund Investor SharesVanguard LifeStrategy Moderate Growth Fund Investor SharesVanguard Long-Term Investment-Grade Fund Investor SharesVanguard Long-Term Treasury Fund Investor SharesVanguard Wellington Fund Investor SharesVanguard Windsor II Fund Investor SharesInvestments at FairValue 48,805,719 ,3172,202,226,871The accompanying Notes to Financial Statements are an integral part of this statement.4Due from (to)GeneralAccount, Net- 7,427)(91,918)Net Assets48,805,719 17,789,930750,179,361161,838,9501,016,8

Invesco V.I. Growth and Income Fund Series II 72,170 23.66 1,707,550 1,391,203 1 Lord Abbett Growth and Income Portfolio Class VC 12,928 40.04 517,655 433,240 1 PIMCO Emerging Markets Bond Portfolio Advisor Class 2,345 12.52 29,354 30,388 1 . SAST SA JPMorgan Diversified Balanced Portfolio Class 3 175,502 21.89 3,841,748 3,461,689 1 SAST SA .