ThZeal - The Zeal

497

SUPPLEMENT DATED OCTOBER 30, 2023
TO THE PROSPECTUSES AND SUMMARY PROSPECTUSES,
EACH DATED MAY 1, 2023

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.

Page 1 of 5

The following table replaces similar table in its entirety in Appendix A:

Type	Fund – Share Class Adviser/Sub-Adviser1	Current Expenses	Platform Charge6	Current Expenses + Platform Charge	Average Annual Total Returns (as of Dec. 31, 2022)
Type	Fund – Share Class Adviser/Sub-Adviser1	Current Expenses	Platform Charge6	Current Expenses + Platform Charge	1 Year	5 Year	10 Year (or life of fund)
Domestic Large-Cap Equity	American Beacon Bridgeway Large Cap Growth Fund3, 5 – Investor Class Adviser: American Beacon Advisors, Inc. Sub-Adviser: Bridgeway Capital Management, LLC	1.12%	None	1.12%	-25.44%	8.08%	12.74%*
	Systematic Growth Fund2, 5 Adviser: VALIC Sub-Advisers: Goldman Sachs Asset Management, L.P. and Wellington Management Company LLP	0.68%	None	0.68%	-38.81%	4.84%	11.53%
	Capital Appreciation Fund2 Adviser: VALIC Sub-Adviser: Columbia Management Investment Advisers, LLC	0.80%	None	0.80%	-25.85%	9.18%	11.85%
	Dividend Value Fund2, 5 Adviser: VALIC Sub-Advisers: BlackRock Investment Management, LLC and ClearBridge Investments, LLC	0.68%	None	0.68%	-5.63%	5.39%	9.72%
	Growth Fund2, 5 Adviser: VALIC Sub-Advisers: BlackRock and SunAmerica Asset Management, LLC (an affiliate of VALIC due to common ownership)	0.65%	None	0.65%	-36.05%	7.06%	11.13%
	Large Capital Growth Fund2 Adviser: VALIC Sub-Adviser: Massachusetts Financial Services Company	0.75%	None	0.75%	-19.15%	11.96%	13.41%
	Nasdaq-100® Index Fund2, 5 Adviser: VALIC Sub-Adviser: SunAmerica	0.44%	None	0.44%	-32.81%	11.70%	15.80%
	Stock Index Fund2, 5 Adviser: VALIC Sub-Adviser: SunAmerica	0.25%	None	0.25%	-18.33%	9.09%	12.20%
	Systematic Core Fund2, 5 Adviser: VALIC Sub-Adviser: Goldman Sachs	0.64%	None	0.64%	-18.72%	9.25%	12.23%
	Systematic Value Fund2, 5 Adviser: VALIC Sub-Adviser: Wellington Management	0.49%	None	0.49%	-6.66%	5.41%	9.75%
	U.S. Socially Responsible Fund2 Adviser: VALIC Sub-Adviser: SunAmerica	0.36%	None	0.36%	-17.12%	8.79%	12.40%
	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%	-13.22%	8.61%	10.90%
Domestic Mid- Cap Equity	Ariel Appreciation Fund3 – Investor Class Adviser: Ariel Investments, LLC	1.10%	None	1.10%	-12.43%	4.87%	9.32%
	Mid Cap Strategic Growth Fund2 Adviser: VALIC Sub-Advisers: Janus Henderson Investors US LLC and Voya Investment Management Co. LLC	0.77%	None	0.77%	-23.40%	9.53%	11.77%
	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%	-8.48%	6.02%	9.47%
	Mid Cap Index Fund2 Adviser: VALIC Sub-Adviser: SunAmerica	0.36%	None	0.36%	-13.35%	6.32%	10.43%

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, 2022)
Type	Fund – Share Class Adviser/Sub-Adviser1	Current Expenses	Platform Charge6	Current Expenses + Platform Charge	1 Year	5 Year	10 Year (or life of fund)
Domestic Small- Cap Equity	Ariel Fund3 – Investor Class Adviser: Ariel	0.98%	None	0.98%	-18.82%	4.62%	9.96%
	Small Cap Growth Fund2, 5 Adviser: VALIC Sub-Advisers: J.P. Morgan Investment Management Inc. and T. Rowe Price Associates, Inc.	0.91%	None	0.91%	-32.44%	6.14%	11.60%
	Small Cap Index Fund2, 5 Adviser: VALIC Sub-Adviser: SunAmerica	0.40%	None	0.40%	-20.66%	3.80%	8.77%
	Small Cap Special Values Fund2 Adviser: VALIC Sub-Adviser: Allspring Global Investments, LLC	0.89%	None	0.89%	-13.72%	4.72%	9.98%
	Small Cap Value Fund2, 5 Adviser: VALIC Sub-Adviser: JPMIM	0.81%	None	0.81%	-13.87%	3.79%	8.25%
Global Equity (International and Domestic)	Global Strategy Fund2, 5 Adviser: VALIC Sub-Advisers: Franklin Advisers, Inc. and Brandywine Global Investment Management LLC	0.71%	None	0.71%	-16.78%	-1.15%	2.66%
Global Equity (International and Domestic)	International Socially Responsible Fund2, 5 Adviser: VALIC Sub-Adviser: SunAmerica	0.61%	None	0.61%	-16.55%	3.24%	7.88%
International Equity	Emerging Economies Fund2 Adviser: VALIC Sub-Adviser: JPMIM	0.96%	None	0.96%	-25.35%	-3.28%	0.45%
	International Equities Index Fund2, 5 Adviser: VALIC Sub-Adviser: SunAmerica	0.43%	None	0.43%	-14.52%	1.29%	4.11%
	International Growth Fund2, 5 Adviser: VALIC Sub-Advisers: MSIM and Morgan Stanley Investment Management Co.	0.88%	None	0.88%	-34.04%	4.25%	5.89%
	International Opportunities Fund2, 5 Adviser: VALIC Sub-Advisers: Invesco Advisers, Inc. and Wellington Management	1.00%	None	1.00%	-24.45%	-0.48%	5.36%
	International Value Fund2, 5 Adviser: VALIC Sub-Adviser: Allspring	0.79%	None	0.79%	-10.94%	-0.87%	2.64%
Specialty	Global Real Estate Fund2 Adviser: VALIC Sub-Advisers: Duff & Phelps Investment Management Co. and MFS	0.88%	None	0.88%	-25.91%	-0.05%	3.13%
	Invesco Balanced-Risk Commodity Strategy Fund3, 5 – Class R5 Adviser: Invesco Advisers, Inc.	1.15%	None	1.15%	7.96%	5.05%	-0.94%
	Science & Technology Fund2, 5 Adviser: VALIC Sub-Advisers: BlackRock, Voya, and Wellington Management	0.93%	None	0.93%	-39.00%	8.05%	14.66%

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, 2022)
Type	Fund – Share Class Adviser/Sub-Adviser1	Current Expenses	Platform Charge6	Current Expenses + Platform Charge	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	0.62%	None	0.62%	-16.24%	4.40%	7.06%
	Asset Allocation Fund2, 5 Adviser: VALIC Sub-Adviser: JPMIM	0.69%	None	0.69%	-16.42%	2.73%	5.39%
	Conservative Growth Lifestyle Fund2, 5 Adviser: VALIC Sub-Adviser: JPMIM	0.64%	None	0.64%	-14.16%	2.34%	3.97%
	Dynamic Allocation Fund2, 5 Adviser: VALIC Sub-Advisers: AllianceBernstein L.P. and SunAmerica	0.81%	None	0.81%	-16.22%	2.81%	5.40%
	Moderate Growth Lifestyle Fund2, 5 Adviser: VALIC Sub-Adviser: JPMIM	0.60%	None	0.60%	-14.77%	4.12%	6.14%
	T. Rowe Price Retirement 2015 Fund3 – Advisor Class Adviser: T. Rowe Price	0.75%	None	0.75%	-14.47%	3.29%	5.47%
	T. Rowe Price Retirement 2020 Fund3 – Advisor Class Adviser: T. Rowe Price	0.78%	None	0.78%	-14.89%	3.64%	6.20%
	T. Rowe Price Retirement 2025 Fund3 – Advisor Class Adviser: T. Rowe Price	0.79%	None	0.79%	-15.92%	4.05%	6.88%
	T. Rowe Price Retirement 2030 Fund3 – Advisor Class Adviser: T. Rowe Price	0.82%	None	0.82%	-17.22%	4.37%	7.45%
	T. Rowe Price Retirement 2035 Fund3 – Advisor Class Adviser: T. Rowe Price	0.84%	None	0.84%	-18.25%	4.66%	7.91%
	T. Rowe Price Retirement 2040 Fund3 – Advisor Class Adviser: T. Rowe Price	0.85%	None	0.85%	-19.07%	4.94%	8.25%
	T. Rowe Price Retirement 2045 Fund3 – Advisor Class Adviser: T. Rowe Price	0.87%	None	0.87%	-19.33%	5.18%	8.42%
	T. Rowe Price Retirement 2050 Fund3 – Advisor Class Adviser: T. Rowe Price	0.88%	None	0.88%	-19.38%	5.18%	8.43%
	T. Rowe Price Retirement 2055 Fund3 – Advisor Class Adviser: T. Rowe Price	0.89%	None	0.89%	-19.45%	5.14%	8.40%
	T. Rowe Price Retirement 2060 Fund3 – Advisor Class Adviser: T. Rowe Price	0.89%	None	0.89%	-19.43%	5.14%	6.32%*
	Vanguard LifeStrategy Conservative Growth Fund3, 4 – Investor Shares Adviser: The Vanguard Group, Inc.	0.12%	0.25%	0.37%	-14.99%	2.45%	4.44%
	Vanguard LifeStrategy Growth Fund3, 4 – Investor Shares Adviser: Vanguard	0.14%	0.25%	0.39%	-17.09%	4.64%	7.60%
	Vanguard LifeStrategy Moderate Growth Fund3, 4 – Investor Shares Adviser: Vanguard	0.13%	0.25%	0.38%	-16.00%	3.58%	6.05%
	Vanguard Wellington Fund3 – Investor Shares Adviser: Wellington Management	0.25%	0.25%	0.50%	-14.32%	5.94%	8.37%

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, 2022)
Type	Fund – Share Class Adviser/Sub-Adviser1	Current Expenses	Platform Charge6	Current Expenses + Platform Charge	1 Year	5 Year	10 Year (or life of fund)
Fixed Income	Core Bond Fund2 Adviser: VALIC Sub-Adviser: PineBridge Investments LLC	0.50%	None	0.50%	-14.25%	0.02%	1.13%
	Goldman Sachs VIT Government Money Market Fund5 – Institutional Shares Adviser: Goldman Sachs	0.18%	None	0.18%	1.58%	1.17%	0.75%*
	Government Securities Fund2 Adviser: VALIC Sub-Adviser: JPMIM	0.67%	None	0.67%	-11.16%	-0.19%	0.42%
	High Yield Bond Fund2, 5 Adviser: VALIC Sub-Adviser: Wellington Management	0.68%	None	0.68%	-10.65%	2.04%	3.46%
	Inflation Protected Fund2, 5 Adviser: VALIC Sub-Adviser: Wellington Management	0.55%	None	0.55%	-10.17%	1.76%	0.99%
	International Government Bond Fund2 Adviser: VALIC Sub-Adviser: PineBridge	0.76%	None	0.76%	-16.22%	-1.73%	-0.51%
	Vanguard Long-Term Investment-Grade Fund3 – Investor Shares Advisers: Wellington Management and Vanguard	0.21%	None	0.21%	-25.62%	-1.05%	2.22%
	Vanguard Long-Term Treasury Fund3 – Investor Shares Adviser: Vanguard	0.20%	None	0.20%	-29.58%	-2.34%	0.46%

You should read the Fund prospectus for more detailed information about the Fund. The Fund prospectus 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