Variable Annuity Life Insurance Separate Account A Co

11/18/2024 | Press release | Distributed by Public on 11/18/2024 06:32

Summary Prospectus for New Investors by Investment Company - Form 497VPI

497VPI
SUPPLEMENT DATED NOVEMBER 18, 2024
TO THE PROSPECTUSES AND SUMMARY PROSPECTUSES,
EACH DATED APRIL 29, 2024
THE VARIABLE ANNUITY LIFE INSURANCE COMPANY
SEPARATE ACCOUNT A
Fixed and Variable Deferred Annuity Contracts
Portfolio Director®
Series 1.00 to 12.00
Series 1.20 to 13.20
Series 1.40 to 12.40
Series 1.60 to 12.60
Series 1.80 to 12.80
This supplement updates certain information in Appendix A-Funds Available Under the Contract ("Appendix A") for the above referenced prospectuses, updating summary prospectuses, and if applicable, initial summary prospectuses (collectively, the "Prospectus"). Except as indicated in this supplement, all other information included in the Prospectus and Appendix A, including the footnotes, remains unchanged. You should read this supplement in conjunction with your Prospectus and retain it for future reference. All capitalized terms used but not defined herein have the same meaning as those included in the Prospectus.
The following table replaces the similar table in its entirety in Appendix A: 
Page 1 of 5
Type
Fund - Share Class
Adviser/Sub-Adviser1
Current
Expenses
Platform
Charge6
Current
Expenses
+
Platform
Charge
Average Annual Total Returns
(as of Dec. 31, 2023)
1 Year
5 Year
10 Year
(or life of fund)
Domestic
Large-Cap
Equity
American Beacon Man Large Cap
Growth Fund3, 5 - Investor Class
Adviser: American Beacon Advisors, Inc.
Sub-Adviser: Numeric Investors LLC
1.09%
None
1.09%
31.01%
15.58%
12.22%*
Systematic Growth Fund2, 5
Adviser: VALIC
Sub-Advisers: Goldman Sachs Asset Management, L.P.
and Wellington Management Company LLP
0.65%
None
0.65%
44.81%
12.46%
11.81%
Capital Appreciation Fund2
Adviser: VALIC
Sub-Adviser: Columbia Management Investment Advisers,
LLC
0.77%
None
0.77%
41.16%
16.74%
12.26%
Dividend Value Fund2, 5
Adviser: VALIC
Sub-Advisers: BlackRock Investment Management, LLC
and ClearBridge Investments, LLC
0.68%
None
0.68%
12.56%
9.97%
8.15%
Growth Fund2, 5
Adviser: VALIC
Sub-Advisers: BlackRock and SunAmerica Asset
Management, LLC (an affiliate of VALIC due to common
ownership)
0.62%
None
0.62%
46.94%
16.27%
12.40%
Large Capital Growth Fund2
Adviser: VALIC
Sub-Adviser: Massachusetts Financial Services Company
0.70%
None
0.70%
23.93%
16.70%
12.73%
Nasdaq-100® Index Fund2, 5
Adviser: VALIC
Sub-Adviser: SunAmerica
0.43%
None
0.43%
54.49%
22.00%
17.26%
Stock Index Fund2, 5
Adviser: VALIC
Sub-Adviser: SunAmerica
0.23%
None
0.23%
25.80%
15.32%
11.67%
Systematic Core Fund2, 5
Adviser: VALIC
Sub-Adviser: Goldman Sachs
0.64%
None
0.64%
24.03%
15.42%
11.47%
Systematic Value Fund2, 5
Adviser: VALIC
Sub-Adviser: Wellington Management
0.65%
None
0.65%
11.19%
10.31%
7.52%
U.S. Socially Responsible Fund2
Adviser: VALIC
Sub-Adviser: SunAmerica
0.36%
None
0.36%
21.70%
14.36%
11.20%
Vanguard Windsor II Fund3 - Investor Shares
Advisers: Aristotle Capital Management, LLC; Hotchkis and
Wiley Capital Management, LLC; Lazard Asset
Management LLC; and Sanders Capital, LLC
0.34%
0.25%
0.59%
20.98%
14.87%
10.05%
Domestic Mid-
Cap Equity
Ariel Appreciation Fund3 - Investor Class
Adviser: Ariel Investments, LLC
1.13%
None
1.13%
10.62%
10.28%
6.32%
Mid Cap Strategic Growth Fund2
Adviser: VALIC
Sub-Advisers: Janus Henderson Investors US LLC and
Voya Investment Management Co. LLC
0.74%
None
0.74%
22.41%
15.16%
10.39%
Mid Cap Value Fund2
Adviser: VALIC
Sub-Advisers: Boston Partners Global Investors, Inc. d/b/a
Boston Partners and Wellington Management
0.82%
None
0.82%
16.98%
13.01%
7.97%
Mid Cap Index Fund2
Adviser: VALIC
Sub-Adviser: SunAmerica
0.35%
None
0.35%
15.94%
12.21%
8.92%
Page 2 of 5
Type
Fund - Share Class
Adviser/Sub-Adviser1
Current
Expenses
Platform
Charge6
Current
Expenses
+
Platform
Charge
Average Annual Total Returns
(as of Dec. 31, 2023)
1 Year
5 Year
10 Year
(or life of fund)
Domestic Small-
Cap Equity
Ariel Fund3 - Investor Class
Adviser: Ariel
0.99%
None
0.99%
15.81%
10.95%
7.54%
Small Cap Growth Fund2, 5
Adviser: VALIC
Sub-Advisers: American Century Investment Management,
Inc. and T. Rowe Price Associates, Inc.
0.87%
None
0.87%
14.28%
10.05%
8.78%
Small Cap Index Fund2, 5
Adviser: VALIC
Sub-Adviser: SunAmerica
0.37%
None
0.37%
16.35%
9.57%
6.88%
Small Cap Special Values Fund2
Adviser: VALIC
Sub-Adviser: Allspring Global Investments, LLC
1.07%
None
1.07%
19.14%
11.68%
8.30%
Small Cap Value Fund2, 5
Adviser: VALIC
Sub-Adviser: JPMIM
0.81%
None
0.81%
12.79%
9.98%
6.23%
Global Equity
(International
and Domestic)
Global Strategy Fund2, 5
Adviser: VALIC
Sub-Advisers: Franklin Advisers, Inc. and Brandywine
Global Investment Management LLC
0.65%
None
0.65%
15.60%
3.53%
2.38%
International Socially Responsible Fund2, 5
Adviser: VALIC
Sub-Adviser: SunAmerica
0.58%
None
0.58%
18.35%
8.68%
6.96%
International
Equity
Emerging Economies Fund2
Adviser: VALIC
Sub-Adviser: BlackRock
0.95%
None
0.95%
12.11%
3.30%
1.89%
International Equities Index Fund2, 5
Adviser: VALIC
Sub-Adviser: SunAmerica
0.43%
None
0.43%
17.25%
7.70%
3.95%
International Growth Fund2, 5
Adviser: VALIC
Sub-Advisers: MSIM and Morgan Stanley Investment
Management Co.
0.81%
None
0.81%
17.66%
9.54%
5.62%
International Opportunities Fund2, 5
Adviser: VALIC
Sub-Advisers: Invesco Advisers, Inc. and Wellington
Management
1.00%
None
1.00%
14.28%
6.22%
4.75%
International Value Fund2, 5
Adviser: VALIC
Sub-Advisers: Goldman Sachs and Columbia Management
Investment Advisers, LLC
0.78%
None
0.78%
14.38%
5.91%
1.64%
Specialty
Global Real Estate Fund2
Adviser: VALIC
Sub-Advisers: Duff & Phelps Investment Management Co.
and MFS
0.91%
None
0.91%
10.01%
3.15%
3.66%
Invesco Balanced-Risk Commodity Strategy Fund3, 5 -
Class R5
Adviser: Invesco Advisers, Inc.
1.15%
None
1.15%
-3.13%
7.08%
0.24%
Science & Technology Fund2, 5
Adviser: VALIC
Sub-Advisers: BlackRock and Voya
0.91%
None
0.91%
55.79%
18.42%
15.69%
Page 3 of 5
Type
Fund - Share Class
Adviser/Sub-Adviser1
Current
Expenses
Platform
Charge6
Current
Expenses
+
Platform
Charge
Average Annual Total Returns
(as of Dec. 31, 2023)
1 Year
5 Year
10 Year
(or life of fund)
Hybrid
(Equity and
Fixed Income)
Aggressive Growth Lifestyle Fund2, 5
Adviser: VALIC
Sub-Adviser: JPMIM
0.58%
None
0.58%
17.04%
9.69%
6.61%
Asset Allocation Fund2, 5
Adviser: VALIC
Sub-Adviser: JPMIM
0.65%
None
0.65%
18.34%
8.27%
5.61%
Conservative Growth Lifestyle Fund2, 5
Adviser: VALIC
Sub-Adviser: JPMIM
0.62%
None
0.62%
11.24%
5.86%
4.15%
Dynamic Allocation Fund2, 5
Adviser: VALIC
Sub-Advisers: AllianceBernstein L.P. and SunAmerica
0.84%
None
0.84%
13.32%
6.93%
5.02%
Moderate Growth Lifestyle Fund2, 5
Adviser: VALIC
Sub-Adviser: JPMIM
0.58%
None
0.58%
14.09%
8.46%
5.91%
T. Rowe Price Retirement 2015 Fund3 - Advisor Class
Adviser: T. Rowe Price
0.75%
None
0.75%
12.71%
6.74%
5.28%
T. Rowe Price Retirement 2020 Fund3 - Advisor Class
Adviser: T. Rowe Price
0.77%
None
0.77%
13.17%
7.38%
5.78%
T. Rowe Price Retirement 2025 Fund3 - Advisor Class
Adviser: T. Rowe Price
0.79%
None
0.79%
14.33%
8.17%
6.33%
T. Rowe Price Retirement 2030 Fund3 - Advisor Class
Adviser: T. Rowe Price
0.81%
None
0.81%
16.02%
8.98%
6.85%
T. Rowe Price Retirement 2035 Fund3 - Advisor Class
Adviser: T. Rowe Price
0.84%
None
0.84%
17.83%
9.77%
7.31%
T. Rowe Price Retirement 2040 Fund3 - Advisor Class
Adviser: T. Rowe Price
0.85%
None
0.85%
19.27%
10.41%
7.69%
T. Rowe Price Retirement 2045 Fund3 - Advisor Class
Adviser: T. Rowe Price
0.86%
None
0.86%
20.17%
10.90%
7.94%
T. Rowe Price Retirement 2050 Fund3 - Advisor Class
Adviser: T. Rowe Price
0.88%
None
0.88%
20.49%
10.98%
7.98%
T. Rowe Price Retirement 2055 Fund3 - Advisor Class
Adviser: T. Rowe Price
0.89%
None
0.89%
20.48%
10.93%
7.95%
T. Rowe Price Retirement 2060 Fund3 - Advisor Class
Adviser: T. Rowe Price
0.89%
None
0.89%
20.44%
10.93%
7.72%*
Vanguard LifeStrategy Conservative Growth Fund3, 4 -
Investor Shares
Adviser: The Vanguard Group, Inc.
0.12%
0.25%
0.37%
12.48%
5.52%
4.77%
Vanguard LifeStrategy Growth Fund3, 4 - Investor Shares
Adviser: Vanguard
0.14%
0.25%
0.39%
18.55%
9.83%
7.36%
Vanguard LifeStrategy Moderate Growth Fund3, 4 -
Investor Shares
Adviser: Vanguard
0.13%
0.25%
0.38%
15.49%
7.68%
6.09%
Vanguard Wellington Fund3 - Investor Shares
Adviser: Wellington Management
0.26%
0.25%
0.50%
14.33%
9.58%
7.88%
Page 4 of 5
Type
Fund - Share Class
Adviser/Sub-Adviser1
Current
Expenses
Platform
Charge6
Current
Expenses
+
Platform
Charge
Average Annual Total Returns
(as of Dec. 31, 2023)
1 Year
5 Year
10 Year
(or life of fund)
Fixed Income
Core Bond Fund2
Adviser: VALIC
Sub-Advisers: PineBridge Investments LLC and JPMIM
0.48%
None
0.48%
6.51%
1.70%
1.96%
Goldman Sachs VIT Government Money Market Fund5 -
Institutional Shares
Adviser: Goldman Sachs
0.18%
None
0.18%
5.05%
1.82%
1.19%
Government Securities Fund2
Adviser: VALIC
Sub-Adviser: JPMIM
0.60%
None
0.60%
4.21%
0.53%
1.27%
High Yield Bond Fund2, 5
Adviser: VALIC
Sub-Adviser: Wellington Management
0.68%
None
0.68%
13.14%
5.28%
4.22%
Inflation Protected Fund2, 5
Adviser: VALIC
Sub-Adviser: Wellington Management
0.59%
None
0.59%
4.09%
3.05%
2.13%
International Government Bond Fund2
Adviser: VALIC
Sub-Adviser: PineBridge
0.81%
None
0.81%
5.98%
0.04%
0.65%
Vanguard Long-Term Investment-Grade Fund3 - Investor
Shares
Advisers: Wellington Management and Vanguard
0.21%
None
0.21%
9.27%
1.96%
3.75%
Vanguard Long-Term Treasury Fund3 - Investor Shares
Adviser: Vanguard
0.20%
None
0.20%
3.31%
-1.32%
2.21%
You should read the prospectuses for the above referenced Funds for more detailed information about the Funds. These prospectuses may be obtained by vising our website at https://www.corebridgefinancial.com/rs/prospectus-and-reports/annuities or by calling us at 1-800-448-2542.
Please keep this supplement with your Prospectus.
Page 5 of 5