NPORT-P
    false
    
      
      
        
          0000356476
          XXXXXXXX
        
      
      
      
      
        S000053682
        C000168773
        C000168771
        C000168772
        C000168770
      
      
      
    
  
  
    
      GREAT-WEST FUNDS INC
      811-03364
      0000356476
      RUYOMHMDMSPQ01U66388
      8515 E Orchard Road
      Greenwood Village
      
      80111
      866-831-7129
      Great-West Lifetime 2050 Fund
      S000053682
      549300JD3ES0QUUO0T55
      2022-12-31
      2022-03-31
      N
    
    
      205141266.380000000000
      611660.050000000000
      204529606.310000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      N
      
        
          
          
          
          
        
        
        
        
      
      
      
      
    
    
      
        AMERICAN CENTURY
        N/A
        REAL ESTATE FUND
        025076282
        
          
          
        
        145451.52
        NS
        USD
        4677720.92
        2.2870629854
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DFA
        N/A
        INTERNATIONAL REAL ESTATE
        233203348
        
          
          
        
        581325.84
        NS
        USD
        2656659.03
        1.2989117214
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        LOOMIS SAYLES BOND INST
        39137E244
        
          
          
        
        266893.52
        NS
        USD
        2399372.7
        1.1731175468
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        LARGE CAP VALUE-INST
        39137E251
        
          
          
        
        2008418.37
        NS
        USD
        16448946.39
        8.0423302459
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        TEMPLETON GBL BOND FUND-INST
        39137E285
        
          
          
        
        295810.56
        NS
        USD
        2437478.73
        1.1917486050
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        TROWE PRICE MIDCAP GROWTH-INST
        39137E293
        
          
          
        
        771774.47
        NS
        USD
        5919509.99
        2.8942069057
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        SHORT DURATION BOND FUND-INST
        39137E319
        
          
          
        
        34507.52
        NS
        USD
        330582.11
        0.1616304436
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        SMALL CAP VALUE FUND-INST
        39137E335
        
          
          
        
        718485
        NS
        USD
        5776619.28
        2.8243438122
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        REAL ESTATE INDEX FUND-INST
        39137E343
        
          
          
        
        232161.45
        NS
        USD
        2495735.55
        1.2202319239
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        INTERNATIONAL INDEX FUND-INST
        39137E376
        
          
          
        
        2482737.63
        NS
        USD
        25572197.69
        12.5029320456
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        ARIEL MID CAP VALUE FUND-INST
        39137E384
        
          
          
        
        92426.49
        NS
        USD
        1403958.53
        0.6864329108
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        S&P MID CAP 400 IND FUND-INST
        39137E392
        
          
          
        
        1376280.02
        NS
        USD
        12950794.87
        6.3319903185
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FIDELITY
        N/A
        SALEM STREET TR EMRG MKT INS
        316146331
        
          
        
        863856.45
        NS
        USD
        9649276.5
        4.7177896022
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST
        N/A
        GUARANTEED FUNDING ACCOUNT
        N/A
        
          
        
        641359.07
        NS
        USD
        763666.19
        0.3733768444
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2022-04-04
          Fixed
          1.25
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        GS MID CAP VALUE FUND-INST
        39137E426
        
          
          
        
        646970.65
        NS
        USD
        5641583.99
        2.7583214439
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        S&P 500 INDEX FUND-INST
        39137E434
        
          
          
        
        3193566.45
        NS
        USD
        30243074.48
        14.7866487525
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        MFS INTL VALUE FUND-INST
        39137E442
        
          
          
        
        1646581.06
        NS
        USD
        14078268.57
        6.8832423941
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        FEDERATED BOND FUND-INST
        39137E459
        
          
          
        
        312289.12
        NS
        USD
        2916780.45
        1.4260920473
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        MFS INTL GROWTH FUND-INST
        39137E467
        
          
          
        
        1194305.14
        NS
        USD
        11536987.77
        5.6407421782
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        MULTI-MAN LRG CAP GROWTH-INST
        39137E475
        
          
          
        
        1372738.9
        NS
        USD
        13741116.46
        6.7183997016
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        HIGH YIELD BOND-INST
        39137E483
        
          
          
        
        180196.63
        NS
        USD
        1798362.66
        0.8792676486
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        S&P 600 INDEX FUND-INST
        39137E491
        
          
          
        
        1375444.26
        NS
        USD
        10714710.78
        5.2387089445
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        BOND INDEX FUND-INST
        39137E525
        
          
          
        
        651754.11
        NS
        USD
        5963550.01
        2.9157392505
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        INFL-PROTECT SEC FUND INST CL
        39137G298
        
          
          
        
        9995.35
        NS
        USD
        103052.12
        0.0503849403
        Long
        EC
        RF
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        EM EQUITY FUND INST CL
        39137G330
        
          
          
        
        1035815.55
        NS
        USD
        9633084.49
        4.7098728951
        Long
        EC
        RF
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT-WEST FUNDS INC
        RUYOMHMDMSPQ01U66388
        MULTI MGR SCG FUND INST
        39137G736
        
          
          
        
        88345.11
        NS
        USD
        984164.57
        0.4811844054
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JANUS
        N/A
        TRITON N
        47103D793
        
          
          
        
        125833.84
        NS
        USD
        3946149.35
        1.9293780598
        Long
        EC
        CORP
        US
        N
        
        1
        
          N/A
          Fixed
          0
          N
          N
          N
        
        
          N
          N
          N
        
      
    
    
      2022-05-17
      GREAT-WEST FUNDS INC
      /s/Kelly New
      Kelly New
      Treasurer, Great-West Funds, Inc.
    
  
  XXXX




GREAT-WEST FUNDS, INC.
GREAT-WEST LIFETIME 2015 FUND
Schedule of Investments
As of March 31, 2022 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
7,598,567 Great-West Bond Index Fund Institutional Class(a) $ 69,526,887
3,650,243 Great-West Core Bond Fund Institutional Class(a)  34,093,274
4,567,813 Great-West Global Bond Fund Institutional Class(a)  37,638,779
2,346,815 Great-West High Yield Bond Fund Institutional Class(a)  23,421,212
9,022,701 Great-West Inflation-Protected Securities Fund Institutional Class(a)  93,024,044
3,183,160 Great-West Multi-Sector Bond Fund Institutional Class(a)  28,616,611
3,637,696 Great-West Short Duration Bond Fund Institutional Class(a)  34,849,130
     
TOTAL BOND MUTUAL FUNDS — 46.97%
(Cost $333,064,921)
$321,169,937
EQUITY MUTUAL FUNDS
459,126 American Century Real Estate Fund Class R6 14,765,477
1,343,218 DFA International Real Estate Securities Portfolio Institutional Class 6,138,508
757,355 Fidelity® Emerging Markets Index Fund Institutional Class 8,459,660
160,957 Great-West Ariel Mid Cap Value Fund Institutional Class(a) 2,444,934
907,157 Great-West Emerging Markets Equity Fund Institutional Class(a) 8,436,563
1,442,177 Great-West International Growth Fund Institutional Class(a) 13,931,427
2,998,803 Great-West International Index Fund Institutional Class(a) 30,887,675
1,985,391 Great-West International Value Fund Institutional Class(a) 16,975,094
2,503,546 Great-West Large Cap Growth Fund Institutional Class(a) 25,060,494
3,487,582 Great-West Large Cap Value Fund Institutional Class(a) 28,563,295
Shares   Fair Value
Equity Mutual Funds — (continued)
1,120,924 Great-West Mid Cap Value Fund Institutional Class(a) $  9,774,458
736,510 Great-West Real Estate Index Fund Institutional Class(a)   7,917,478
5,678,039 Great-West S&P 500® Index Fund Institutional Class(a)  53,771,026
2,437,964 Great-West S&P Mid Cap 400® Index Fund Institutional Class(a)  22,941,240
1,336,378 Great-West S&P Small Cap 600® Index Fund Institutional Class(a)  10,410,386
85,873 Great-West Small Cap Growth Fund Institutional Class(a)     956,627
698,201 Great-West Small Cap Value Fund Institutional Class(a)   5,613,533
1,401,697 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a) 10,751,020
121,737 Janus Henderson Triton Fund Class N 3,817,676
     
TOTAL EQUITY MUTUAL FUNDS — 41.19%
(Cost $260,174,385)
$281,616,571
Account Balance    
FIXED INTEREST CONTRACT
81,205,438(b) Great-West Life & Annuity Contract(a) 1.25%(c) 81,205,438
     
TOTAL FIXED INTEREST CONTRACT — 11.88%
(Cost $81,205,438)
$81,205,438
TOTAL INVESTMENTS — 100.04%
(Cost $674,444,744)
$683,991,946
OTHER ASSETS & LIABILITIES, NET — (0.04)% $(251,776)
TOTAL NET ASSETS — 100.00% $683,740,170
 
(a) Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b) Account Balance and Cost represent net deposits.
(c) Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at March 31, 2022. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.

March 31, 2022

 

GREAT-WEST FUNDS, INC.
GREAT-WEST LIFETIME 2020 FUND
Schedule of Investments
As of March 31, 2022 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
5,221,376 Great-West Bond Index Fund Institutional Class(a) $ 47,775,587
2,507,915 Great-West Core Bond Fund Institutional Class(a)  23,423,930
2,917,259 Great-West Global Bond Fund Institutional Class(a)  24,038,215
1,566,169 Great-West High Yield Bond Fund Institutional Class(a)  15,630,364
4,551,337 Great-West Inflation-Protected Securities Fund Institutional Class(a)  46,924,286
2,171,771 Great-West Multi-Sector Bond Fund Institutional Class(a)  19,524,223
1,901,265 Great-West Short Duration Bond Fund Institutional Class(a)  18,214,119
     
TOTAL BOND MUTUAL FUNDS — 44.52%
(Cost $207,263,562)
$195,530,724
EQUITY MUTUAL FUNDS
294,407 American Century Real Estate Fund Class R6 9,468,132
915,321 DFA International Real Estate Securities Portfolio Institutional Class 4,183,015
592,707 Fidelity® Emerging Markets Index Fund Institutional Class 6,620,536
111,587 Great-West Ariel Mid Cap Value Fund Institutional Class(a) 1,695,007
710,563 Great-West Emerging Markets Equity Fund Institutional Class(a) 6,608,237
1,071,480 Great-West International Growth Fund Institutional Class(a) 10,350,495
2,225,774 Great-West International Index Fund Institutional Class(a) 22,925,471
1,477,845 Great-West International Value Fund Institutional Class(a) 12,635,574
1,744,717 Great-West Large Cap Growth Fund Institutional Class(a) 17,464,617
2,453,564 Great-West Large Cap Value Fund Institutional Class(a) 20,094,692
Shares   Fair Value
Equity Mutual Funds — (continued)
791,860 Great-West Mid Cap Value Fund Institutional Class(a) $  6,905,019
472,153 Great-West Real Estate Index Fund Institutional Class(a)   5,075,641
3,974,636 Great-West S&P 500® Index Fund Institutional Class(a)  37,639,802
1,712,785 Great-West S&P Mid Cap 400® Index Fund Institutional Class(a)  16,117,306
1,039,377 Great-West S&P Small Cap 600® Index Fund Institutional Class(a)   8,096,746
66,999 Great-West Small Cap Growth Fund Institutional Class(a)     746,374
538,208 Great-West Small Cap Value Fund Institutional Class(a)   4,327,190
978,457 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a) 7,504,766
94,886 Janus Henderson Triton Fund Class N 2,975,632
     
TOTAL EQUITY MUTUAL FUNDS — 45.87%
(Cost $203,162,512)
$201,434,252
Account Balance    
FIXED INTEREST CONTRACT
42,335,870(b) Great-West Life & Annuity Contract(a) 1.25%(c) 42,335,870
     
TOTAL FIXED INTEREST CONTRACT — 9.64%
(Cost $42,335,870)
$42,335,870
TOTAL INVESTMENTS — 100.03%
(Cost $452,761,944)
$439,300,846
OTHER ASSETS & LIABILITIES, NET — (0.03)% $(151,698)
TOTAL NET ASSETS — 100.00% $439,149,148
 
(a) Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b) Account Balance and Cost represent net deposits.
(c) Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at March 31, 2022. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.

March 31, 2022

 

GREAT-WEST FUNDS, INC.
GREAT-WEST LIFETIME 2025 FUND
Schedule of Investments
As of March 31, 2022 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
17,895,579 Great-West Bond Index Fund Institutional Class(a) $  163,744,544
8,608,508 Great-West Core Bond Fund Institutional Class(a)    80,403,464
9,477,569 Great-West Global Bond Fund Institutional Class(a)    78,095,169
5,273,459 Great-West High Yield Bond Fund Institutional Class(a)    52,629,123
11,463,016 Great-West Inflation-Protected Securities Fund Institutional Class(a)   118,183,691
7,435,852 Great-West Multi-Sector Bond Fund Institutional Class(a)    66,848,310
5,007,813 Great-West Short Duration Bond Fund Institutional Class(a)    47,974,848
     
TOTAL BOND MUTUAL FUNDS — 40.21%
(Cost $638,083,441)
$607,879,149
EQUITY MUTUAL FUNDS
1,029,112 American Century Real Estate Fund Class R6 33,096,257
3,325,621 DFA International Real Estate Securities Portfolio Institutional Class 15,198,089
2,529,510 Fidelity® Emerging Markets Index Fund Institutional Class 28,254,623
435,703 Great-West Ariel Mid Cap Value Fund Institutional Class(a) 6,618,333
3,032,857 Great-West Emerging Markets Equity Fund Institutional Class(a) 28,205,569
4,362,413 Great-West International Growth Fund Institutional Class(a) 42,140,910
9,080,762 Great-West International Index Fund Institutional Class(a) 93,531,847
6,018,021 Great-West International Value Fund Institutional Class(a) 51,454,083
6,712,969 Great-West Large Cap Growth Fund Institutional Class(a) 67,196,817
Shares   Fair Value
Equity Mutual Funds — (continued)
9,501,581 Great-West Large Cap Value Fund Institutional Class(a) $   77,817,946
3,050,233 Great-West Mid Cap Value Fund Institutional Class(a)    26,598,029
1,649,067 Great-West Real Estate Index Fund Institutional Class(a)    17,727,471
15,337,095 Great-West S&P 500® Index Fund Institutional Class(a)   145,242,294
6,594,010 Great-West S&P Mid Cap 400® Index Fund Institutional Class(a)    62,049,637
4,407,256 Great-West S&P Small Cap 600® Index Fund Institutional Class(a)    34,332,522
284,905 Great-West Small Cap Growth Fund Institutional Class(a)     3,173,838
2,294,264 Great-West Small Cap Value Fund Institutional Class(a) 18,445,883
3,767,163 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a) 28,894,138
404,114 Janus Henderson Triton Fund Class N 12,673,028
     
TOTAL EQUITY MUTUAL FUNDS — 52.44%
(Cost $747,053,226)
$792,651,314
Account Balance    
FIXED INTEREST CONTRACT
111,763,547(b) Great-West Life & Annuity Contract(a) 1.25%(c) 111,763,547
     
TOTAL FIXED INTEREST CONTRACT — 7.39%
(Cost $111,763,547)
$111,763,547
TOTAL INVESTMENTS — 100.04%
(Cost $1,496,900,214)
$1,512,294,010
OTHER ASSETS & LIABILITIES, NET — (0.04)% $(570,047)
TOTAL NET ASSETS — 100.00% $1,511,723,963
 
(a) Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b) Account Balance and Cost represent net deposits.
(c) Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at March 31, 2022. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.

March 31, 2022

 

GREAT-WEST FUNDS, INC.
GREAT-WEST LIFETIME 2030 FUND
Schedule of Investments
As of March 31, 2022 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
5,217,795 Great-West Bond Index Fund Institutional Class(a) $ 47,742,824
2,509,229 Great-West Core Bond Fund Institutional Class(a)  23,436,202
2,641,844 Great-West Global Bond Fund Institutional Class(a)  21,768,791
1,506,460 Great-West High Yield Bond Fund Institutional Class(a)  15,034,469
2,391,600 Great-West Inflation-Protected Securities Fund Institutional Class(a)  24,657,397
2,159,455 Great-West Multi-Sector Bond Fund Institutional Class(a)  19,413,505
1,114,760 Great-West Short Duration Bond Fund Institutional Class(a)  10,679,404
     
TOTAL BOND MUTUAL FUNDS — 33.61%
(Cost $173,574,327)
$162,732,592
EQUITY MUTUAL FUNDS
334,078 American Century Real Estate Fund Class R6 10,743,954
1,129,580 DFA International Real Estate Securities Portfolio Institutional Class 5,162,182
1,028,575 Fidelity® Emerging Markets Index Fund Institutional Class 11,489,185
161,293 Great-West Ariel Mid Cap Value Fund Institutional Class(a) 2,450,041
1,232,378 Great-West Emerging Markets Equity Fund Institutional Class(a) 11,461,118
1,697,851 Great-West International Growth Fund Institutional Class(a) 16,401,236
3,520,287 Great-West International Index Fund Institutional Class(a) 36,258,961
2,334,245 Great-West International Value Fund Institutional Class(a) 19,957,794
2,457,266 Great-West Large Cap Growth Fund Institutional Class(a) 24,597,229
3,490,463 Great-West Large Cap Value Fund Institutional Class(a) 28,586,892
Shares   Fair Value
Equity Mutual Funds — (continued)
1,122,925 Great-West Mid Cap Value Fund Institutional Class(a) $  9,791,905
536,172 Great-West Real Estate Index Fund Institutional Class(a)   5,763,848
5,631,717 Great-West S&P 500® Index Fund Institutional Class(a)  53,332,362
2,417,700 Great-West S&P Mid Cap 400® Index Fund Institutional Class(a)  22,750,561
1,769,992 Great-West S&P Small Cap 600® Index Fund Institutional Class(a)  13,788,240
112,929 Great-West Small Cap Growth Fund Institutional Class(a)   1,258,024
920,353 Great-West Small Cap Value Fund Institutional Class(a)   7,399,639
1,374,799 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a) 10,544,707
161,509 Janus Henderson Triton Fund Class N 5,064,903
     
TOTAL EQUITY MUTUAL FUNDS — 61.29%
(Cost $299,029,922)
$296,802,781
Account Balance    
FIXED INTEREST CONTRACT
24,868,707(b) Great-West Life & Annuity Contract(a) 1.25%(c) 24,868,707
     
TOTAL FIXED INTEREST CONTRACT — 5.13%
(Cost $24,868,707)
$24,868,707
TOTAL INVESTMENTS — 100.03%
(Cost $497,472,956)
$484,404,080
OTHER ASSETS & LIABILITIES, NET — (0.03)% $(165,021)
TOTAL NET ASSETS — 100.00% $484,239,059
 
(a) Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b) Account Balance and Cost represent net deposits.
(c) Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at March 31, 2022. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.

March 31, 2022

 

GREAT-WEST FUNDS, INC.
GREAT-WEST LIFETIME 2035 FUND
Schedule of Investments
As of March 31, 2022 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
12,606,189 Great-West Bond Index Fund Institutional Class(a) $  115,346,632
6,052,668 Great-West Core Bond Fund Institutional Class(a)    56,531,924
6,153,609 Great-West Global Bond Fund Institutional Class(a)    50,705,735
3,600,622 Great-West High Yield Bond Fund Institutional Class(a)    35,934,208
3,952,599 Great-West Inflation-Protected Securities Fund Institutional Class(a)    40,751,297
5,201,643 Great-West Multi-Sector Bond Fund Institutional Class(a)    46,762,768
2,026,773 Great-West Short Duration Bond Fund Institutional Class(a)    19,416,482
     
TOTAL BOND MUTUAL FUNDS — 24.69%
(Cost $388,383,601)
$365,449,046
EQUITY MUTUAL FUNDS
1,021,800 American Century Real Estate Fund Class R6 32,861,093
3,615,932 DFA International Real Estate Securities Portfolio Institutional Class 16,524,806
4,017,558 Fidelity® Emerging Markets Index Fund Institutional Class 44,876,125
573,076 Great-West Ariel Mid Cap Value Fund Institutional Class(a) 8,705,028
4,814,352 Great-West Emerging Markets Equity Fund Institutional Class(a) 44,773,477
6,315,436 Great-West International Growth Fund Institutional Class(a) 61,007,116
13,158,133 Great-West International Index Fund Institutional Class(a) 135,528,766
8,719,845 Great-West International Value Fund Institutional Class(a) 74,554,678
8,628,772 Great-West Large Cap Growth Fund Institutional Class(a) 86,374,005
Shares   Fair Value
Equity Mutual Funds — (continued)
12,377,927 Great-West Large Cap Value Fund Institutional Class(a) $  101,375,225
3,988,235 Great-West Mid Cap Value Fund Institutional Class(a)    34,777,410
1,643,386 Great-West Real Estate Index Fund Institutional Class(a)    17,666,398
19,862,415 Great-West S&P 500® Index Fund Institutional Class(a)   188,097,069
8,548,218 Great-West S&P Mid Cap 400® Index Fund Institutional Class(a)    80,438,734
6,775,127 Great-West S&P Small Cap 600® Index Fund Institutional Class(a)    52,778,240
438,494 Great-West Small Cap Growth Fund Institutional Class(a)     4,884,820
3,541,814 Great-West Small Cap Value Fund Institutional Class(a) 28,476,183
4,828,327 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a) 37,033,265
622,400 Janus Henderson Triton Fund Class N 19,518,472
     
TOTAL EQUITY MUTUAL FUNDS — 72.29%
(Cost $1,028,995,053)
$1,070,250,910
Account Balance    
FIXED INTEREST CONTRACT
45,316,782(b) Great-West Life & Annuity Contract(a) 1.25%(c) 45,316,782
     
TOTAL FIXED INTEREST CONTRACT — 3.06%
(Cost $45,316,782)
$45,316,782
TOTAL INVESTMENTS — 100.04%
(Cost $1,462,695,436)
$1,481,016,738
OTHER ASSETS & LIABILITIES, NET — (0.04)% $(573,160)
TOTAL NET ASSETS — 100.00% $1,480,443,578
 
(a) Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b) Account Balance and Cost represent net deposits.
(c) Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at March 31, 2022. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.

March 31, 2022

 

GREAT-WEST FUNDS, INC.
GREAT-WEST LIFETIME 2040 FUND
Schedule of Investments
As of March 31, 2022 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
2,059,582 Great-West Bond Index Fund Institutional Class(a) $ 18,845,177
989,444 Great-West Core Bond Fund Institutional Class(a)   9,241,407
976,523 Great-West Global Bond Fund Institutional Class(a)   8,046,547
582,483 Great-West High Yield Bond Fund Institutional Class(a)   5,813,179
405,624 Great-West Inflation-Protected Securities Fund Institutional Class(a)   4,181,981
849,299 Great-West Multi-Sector Bond Fund Institutional Class(a)   7,635,203
244,437 Great-West Short Duration Bond Fund Institutional Class(a)   2,341,711
     
TOTAL BOND MUTUAL FUNDS — 16.14%
(Cost $60,237,071)
$56,105,205
EQUITY MUTUAL FUNDS
241,509 American Century Real Estate Fund Class R6 7,766,931
894,443 DFA International Real Estate Securities Portfolio Institutional Class 4,087,605
1,155,426 Fidelity® Emerging Markets Index Fund Institutional Class 12,906,111
147,774 Great-West Ariel Mid Cap Value Fund Institutional Class(a) 2,244,693
1,385,949 Great-West Emerging Markets Equity Fund Institutional Class(a) 12,889,325
1,739,202 Great-West International Growth Fund Institutional Class(a) 16,800,692
3,616,857 Great-West International Index Fund Institutional Class(a) 37,253,632
2,399,556 Great-West International Value Fund Institutional Class(a) 20,516,205
2,241,670 Great-West Large Cap Growth Fund Institutional Class(a) 22,439,114
3,238,890 Great-West Large Cap Value Fund Institutional Class(a) 26,526,507
Shares   Fair Value
Equity Mutual Funds — (continued)
1,042,328 Great-West Mid Cap Value Fund Institutional Class(a) $  9,089,096
387,960 Great-West Real Estate Index Fund Institutional Class(a)   4,170,569
5,181,298 Great-West S&P 500® Index Fund Institutional Class(a)  49,066,891
2,224,856 Great-West S&P Mid Cap 400® Index Fund Institutional Class(a)  20,935,896
1,912,087 Great-West S&P Small Cap 600® Index Fund Institutional Class(a)  14,895,154
124,934 Great-West Small Cap Growth Fund Institutional Class(a)   1,391,764
997,537 Great-West Small Cap Value Fund Institutional Class(a)   8,020,201
1,256,490 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a) 9,637,278
175,755 Janus Henderson Triton Fund Class N 5,511,663
     
TOTAL EQUITY MUTUAL FUNDS — 82.33%
(Cost $290,152,459)
$286,149,327
Account Balance    
FIXED INTEREST CONTRACT
5,443,049(b) Great-West Life & Annuity Contract(a) 1.25%(c) 5,443,049
     
TOTAL FIXED INTEREST CONTRACT — 1.56%
(Cost $5,443,049)
$5,443,049
TOTAL INVESTMENTS — 100.03%
(Cost $355,832,579)
$347,697,581
OTHER ASSETS & LIABILITIES, NET — (0.03)% $(120,575)
TOTAL NET ASSETS — 100.00% $347,577,006
 
(a) Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b) Account Balance and Cost represent net deposits.
(c) Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at March 31, 2022. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.

March 31, 2022

 

GREAT-WEST FUNDS, INC.
GREAT-WEST LIFETIME 2045 FUND
Schedule of Investments
As of March 31, 2022 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
3,879,485 Great-West Bond Index Fund Institutional Class(a) $ 35,497,290
1,862,522 Great-West Core Bond Fund Institutional Class(a)  17,395,952
1,799,964 Great-West Global Bond Fund Institutional Class(a)  14,831,700
1,084,433 Great-West High Yield Bond Fund Institutional Class(a)  10,822,645
378,761 Great-West Inflation-Protected Securities Fund Institutional Class(a)   3,905,021
1,597,388 Great-West Multi-Sector Bond Fund Institutional Class(a)  14,360,516
317,638 Great-West Short Duration Bond Fund Institutional Class(a)   3,042,976
     
TOTAL BOND MUTUAL FUNDS — 10.22%
(Cost $107,065,125)
$99,856,100
EQUITY MUTUAL FUNDS
684,107 American Century Real Estate Fund Class R6 22,000,892
2,648,397 DFA International Real Estate Securities Portfolio Institutional Class 12,103,174
3,763,537 Fidelity® Emerging Markets Index Fund Institutional Class 42,038,709
441,184 Great-West Ariel Mid Cap Value Fund Institutional Class(a) 6,701,587
4,502,548 Great-West Emerging Markets Equity Fund Institutional Class(a) 41,873,700
5,416,816 Great-West International Growth Fund Institutional Class(a) 52,326,443
11,283,294 Great-West International Index Fund Institutional Class(a) 116,217,929
7,470,345 Great-West International Value Fund Institutional Class(a) 63,871,446
6,611,881 Great-West Large Cap Growth Fund Institutional Class(a) 66,184,932
9,597,701 Great-West Large Cap Value Fund Institutional Class(a) 78,605,173
Shares   Fair Value
Equity Mutual Funds — (continued)
3,093,690 Great-West Mid Cap Value Fund Institutional Class(a) $ 26,976,972
1,102,975 Great-West Real Estate Index Fund Institutional Class(a)  11,856,978
15,324,989 Great-West S&P 500® Index Fund Institutional Class(a) 145,127,641
6,576,525 Great-West S&P Mid Cap 400® Index Fund Institutional Class(a)  61,885,102
6,087,074 Great-West S&P Small Cap 600® Index Fund Institutional Class(a)  47,418,309
395,041 Great-West Small Cap Growth Fund Institutional Class(a)   4,400,756
3,172,885 Great-West Small Cap Value Fund Institutional Class(a)  25,509,998
3,701,662 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a) 28,391,747
559,754 Janus Henderson Triton Fund Class N 17,553,875
     
TOTAL EQUITY MUTUAL FUNDS — 89.09%
(Cost $855,944,411)
$871,045,363
Account Balance    
FIXED INTEREST CONTRACT
7,155,637(b) Great-West Life & Annuity Contract(a) 1.25%(c) 7,155,637
     
TOTAL FIXED INTEREST CONTRACT — 0.73%
(Cost $7,155,637)
$7,155,637
TOTAL INVESTMENTS — 100.04%
(Cost $970,165,173)
$978,057,100
OTHER ASSETS & LIABILITIES, NET — (0.04)% $(379,437)
TOTAL NET ASSETS — 100.00% $977,677,663
 
(a) Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b) Account Balance and Cost represent net deposits.
(c) Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at March 31, 2022. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.

March 31, 2022

 

GREAT-WEST FUNDS, INC.
GREAT-WEST LIFETIME 2050 FUND
Schedule of Investments
As of March 31, 2022 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
651,754 Great-West Bond Index Fund Institutional Class(a) $  5,963,550
312,289 Great-West Core Bond Fund Institutional Class(a)   2,916,780
295,811 Great-West Global Bond Fund Institutional Class(a)   2,437,479
180,197 Great-West High Yield Bond Fund Institutional Class(a)   1,798,363
9,995 Great-West Inflation-Protected Securities Fund Institutional Class(a)     103,052
266,893 Great-West Multi-Sector Bond Fund Institutional Class(a)   2,399,373
34,508 Great-West Short Duration Bond Fund Institutional Class(a)     330,582
     
TOTAL BOND MUTUAL FUNDS — 7.79%
(Cost $17,184,462)
$15,949,179
EQUITY MUTUAL FUNDS
145,452 American Century Real Estate Fund Class R6 4,677,721
581,326 DFA International Real Estate Securities Portfolio Institutional Class 2,656,659
863,856 Fidelity® Emerging Markets Index Fund Institutional Class 9,649,276
92,427 Great-West Ariel Mid Cap Value Fund Institutional Class(a) 1,403,959
1,035,816 Great-West Emerging Markets Equity Fund Institutional Class(a) 9,633,084
1,194,305 Great-West International Growth Fund Institutional Class(a) 11,536,988
2,482,738 Great-West International Index Fund Institutional Class(a) 25,572,198
1,646,581 Great-West International Value Fund Institutional Class(a) 14,078,269
1,372,739 Great-West Large Cap Growth Fund Institutional Class(a) 13,741,116
2,008,418 Great-West Large Cap Value Fund Institutional Class(a) 16,448,946
Shares   Fair Value
Equity Mutual Funds — (continued)
646,971 Great-West Mid Cap Value Fund Institutional Class(a) $  5,641,584
232,161 Great-West Real Estate Index Fund Institutional Class(a)   2,495,736
3,193,566 Great-West S&P 500® Index Fund Institutional Class(a)  30,243,074
1,376,280 Great-West S&P Mid Cap 400® Index Fund Institutional Class(a)  12,950,795
1,375,444 Great-West S&P Small Cap 600® Index Fund Institutional Class(a)  10,714,711
88,345 Great-West Small Cap Growth Fund Institutional Class(a)     984,165
718,485 Great-West Small Cap Value Fund Institutional Class(a)   5,776,619
771,774 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a) 5,919,510
125,834 Janus Henderson Triton Fund Class N 3,946,149
     
TOTAL EQUITY MUTUAL FUNDS — 91.87%
(Cost $192,211,607)
$188,070,559
Account Balance    
FIXED INTEREST CONTRACT
763,666(b) Great-West Life & Annuity Contract(a) 1.25%(c) 763,666
     
TOTAL FIXED INTEREST CONTRACT — 0.37%
(Cost $763,666)
$763,666
TOTAL INVESTMENTS — 100.03%
(Cost $210,159,735)
$204,783,404
OTHER ASSETS & LIABILITIES, NET — (0.03)% $(68,588)
TOTAL NET ASSETS — 100.00% $204,714,816
 
(a) Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b) Account Balance and Cost represent net deposits.
(c) Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at March 31, 2022. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.

March 31, 2022

 

GREAT-WEST FUNDS, INC.
GREAT-WEST LIFETIME 2055 FUND
Schedule of Investments
As of March 31, 2022 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
1,347,244 Great-West Bond Index Fund Institutional Class(a) $ 12,327,287
646,826 Great-West Core Bond Fund Institutional Class(a)   6,041,354
635,212 Great-West Global Bond Fund Institutional Class(a)   5,234,146
371,176 Great-West High Yield Bond Fund Institutional Class(a)   3,704,334
552,456 Great-West Multi-Sector Bond Fund Institutional Class(a)   4,966,582
63,431 Great-West Short Duration Bond Fund Institutional Class(a)     607,668
     
TOTAL BOND MUTUAL FUNDS — 7.07%
(Cost $35,474,449)
$32,881,371
EQUITY MUTUAL FUNDS
329,972 American Century Real Estate Fund Class R6 10,611,908
1,395,438 DFA International Real Estate Securities Portfolio Institutional Class 6,377,153
2,103,215 Fidelity® Emerging Markets Index Fund Institutional Class 23,492,910
203,975 Great-West Ariel Mid Cap Value Fund Institutional Class(a) 3,098,386
2,516,331 Great-West Emerging Markets Equity Fund Institutional Class(a) 23,401,874
2,784,897 Great-West International Growth Fund Institutional Class(a) 26,902,107
5,799,167 Great-West International Index Fund Institutional Class(a) 59,731,425
3,842,933 Great-West International Value Fund Institutional Class(a) 32,857,079
3,033,962 Great-West Large Cap Growth Fund Institutional Class(a) 30,369,954
4,474,249 Great-West Large Cap Value Fund Institutional Class(a) 36,644,100
Shares   Fair Value
Equity Mutual Funds — (continued)
1,441,294 Great-West Mid Cap Value Fund Institutional Class(a) $ 12,568,085
529,061 Great-West Real Estate Index Fund Institutional Class(a)   5,687,401
7,103,715 Great-West S&P 500® Index Fund Institutional Class(a)  67,272,177
3,040,664 Great-West S&P Mid Cap 400® Index Fund Institutional Class(a)  28,612,643
3,243,469 Great-West S&P Small Cap 600® Index Fund Institutional Class(a)  25,266,627
208,403 Great-West Small Cap Growth Fund Institutional Class(a)   2,321,608
1,689,854 Great-West Small Cap Value Fund Institutional Class(a)  13,586,426
1,699,902 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a) 13,038,249
297,248 Janus Henderson Triton Fund Class N 9,321,695
     
TOTAL EQUITY MUTUAL FUNDS — 92.67%
(Cost $425,271,209)
$431,161,807
Account Balance    
FIXED INTEREST CONTRACT
1,399,374(b) Great-West Life & Annuity Contract(a) 1.25%(c) 1,399,374
     
TOTAL FIXED INTEREST CONTRACT — 0.30%
(Cost $1,399,374)
$1,399,374
TOTAL INVESTMENTS — 100.04%
(Cost $462,145,032)
$465,442,552
OTHER ASSETS & LIABILITIES, NET — (0.04)% $(175,342)
TOTAL NET ASSETS — 100.00% $465,267,210
 
(a) Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b) Account Balance and Cost represent net deposits.
(c) Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at March 31, 2022. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.

March 31, 2022

 

GREAT-WEST FUNDS, INC.
GREAT-WEST LIFETIME 2060 FUND
Schedule of Investments
As of March 31, 2022 (Unaudited)
Shares   Fair Value
BOND MUTUAL FUNDS
50,755 Great-West Bond Index Fund Institutional Class(a) $   464,413
24,442 Great-West Core Bond Fund Institutional Class(a)    228,289
25,430 Great-West Global Bond Fund Institutional Class(a)    209,541
13,937 Great-West High Yield Bond Fund Institutional Class(a)    139,092
20,853 Great-West Multi-Sector Bond Fund Institutional Class(a)    187,465
2,324 Great-West Short Duration Bond Fund Institutional Class(a)     22,269
     
TOTAL BOND MUTUAL FUNDS — 6.81%
(Cost $1,341,431)
$1,251,069
EQUITY MUTUAL FUNDS
13,049 American Century Real Estate Fund Class R6 419,659
57,207 DFA International Real Estate Securities Portfolio Institutional Class 261,433
87,919 Fidelity® Emerging Markets Index Fund Institutional Class 982,052
7,921 Great-West Ariel Mid Cap Value Fund Institutional Class(a) 120,316
105,593 Great-West Emerging Markets Equity Fund Institutional Class(a) 982,012
111,988 Great-West International Growth Fund Institutional Class(a) 1,081,801
232,831 Great-West International Index Fund Institutional Class(a) 2,398,159
154,632 Great-West International Value Fund Institutional Class(a) 1,322,104
115,341 Great-West Large Cap Growth Fund Institutional Class(a) 1,154,565
171,146 Great-West Large Cap Value Fund Institutional Class(a) 1,401,688
55,155 Great-West Mid Cap Value Fund Institutional Class(a) 480,954
Shares   Fair Value
Equity Mutual Funds — (continued)
20,980 Great-West Real Estate Index Fund Institutional Class(a) $   225,537
270,270 Great-West S&P 500® Index Fund Institutional Class(a)  2,559,459
116,633 Great-West S&P Mid Cap 400® Index Fund Institutional Class(a)  1,097,517
133,437 Great-West S&P Small Cap 600® Index Fund Institutional Class(a)  1,039,475
8,593 Great-West Small Cap Growth Fund Institutional Class(a)     95,729
69,700 Great-West Small Cap Value Fund Institutional Class(a)    560,384
64,726 Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class(a)    496,450
12,179 Janus Henderson Triton Fund Class N 381,944
     
TOTAL EQUITY MUTUAL FUNDS — 92.93%
(Cost $18,793,687)
$17,061,238
Account Balance    
FIXED INTEREST CONTRACT
53,813(b) Great-West Life & Annuity Contract(a) 1.25%(c) 53,813
     
TOTAL FIXED INTEREST CONTRACT — 0.29%
(Cost $53,813)
$53,813
TOTAL INVESTMENTS — 100.03%
(Cost $20,188,931)
$18,366,120
OTHER ASSETS & LIABILITIES, NET — (0.03)% $(6,052)
TOTAL NET ASSETS — 100.00% $18,360,068
 
(a) Issuer is considered an affiliate of the Fund, see Notes to Schedule of Investments.
(b) Account Balance and Cost represent net deposits.
(c) Variable rate contract which is not based on a published reference rate and spread, but determined by the issuer and is based on current market conditions. Interest rate shown reflects the rate in effect at March 31, 2022. See Notes to Schedule of Investments.
See Notes to Schedule of Investments.

March 31, 2022

 

GREAT-WEST FUNDS, INC.
Notes to Schedule of Investments (Unaudited)

Security Valuation
The Board of Directors of the Funds has adopted policies and procedures for the valuation of each Fund's securities and assets, and has appointed the Fair Value Pricing Committee of the investment adviser, Great-West Capital Management, LLC, to complete valuation determinations under those policies and procedures.
Investments in shares of the underlying mutual funds are valued at the net asset value as reported by the underlying mutual fund, which may be obtained from pricing services or other pricing sources. The inputs used by the pricing services are reviewed quarterly or when the pricing vendor issues updates to its pricing methodologies. The net asset value of each class of the Fund's shares is determined by dividing the net assets attributable to each class of shares of the Fund by the number of issued and outstanding shares of each class of the Fund on each valuation date.
Investments in fixed interest contracts issued by Great-West Life & Annuity Insurance Company (GWL&A Contract) are valued at the amount of net deposits plus accrued interest, determined on a daily basis. The GWL&A Contract is backed by the general account of Great-West Life & Annuity Insurance Company (GWL&A).
The Funds classify valuations into three levels based upon the observability of inputs to the valuation of each Fund’s investments. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. Classification is based on the lowest level of input significant to the fair value measurement. The three levels are defined as follows:
Level 1 – Unadjusted quoted prices for identical securities in active markets.
Level 2 – Inputs other than quoted prices included in Level 1 that are observable either directly or indirectly. These may include quoted prices for similar assets in active markets.
Level 3 – Unobservable inputs to the extent observable inputs are not available. Unobservable inputs reflect the Fund’s own assumptions and would be based on the best information available under the circumstances.
As of March 31, 2022, each Fund’s investments in the underlying mutual funds are valued using Level 1 inputs. Each Fund’s investment in the GWL&A Contract is valued using Level 2 inputs. More information regarding each Fund’s sector classifications are included in the Schedule of Investments.
Fund-of-Funds Structure Risk
Since each Fund invests directly in underlying funds, all risks associated with the eligible underlying funds apply to each Fund. To the extent each Fund invests more of its assets in one underlying fund than another, each Fund will have greater exposure to the risks of that underlying fund.
Transactions with Affiliates
Each Fund may invest in the GWL&A Contract pursuant to exemptive relief issued by the U.S. Securities and Exchange Commission. The GWL&A Contract has a stable principal value and accrues a fixed rate of interest, which is reflected in the daily valuation of the Funds. GWL&A calculates the interest rate in the same way it calculates guaranteed interest rates for similar contracts (on a calendar quarter or other periodic basis). As a result of GWL&A being an affiliated entity, the Funds are exposed to the risk of unanticipated industry conditions as well as risks specific to a single corporation. If GWL&A were to become insolvent, the GWL&A Contract would be settled commensurate with other policy holder obligations.
The amounts deposited will accrue interest at a declared rate of interest, adjustable on a calendar quarter or other periodic basis, guaranteed to be no less than 1.00%.The investment in the GWL&A Contract may be terminated by GWL&A or the Funds upon 7 days prior written notice. The guaranteed interest rate paid will be at least as favorable as the guaranteed interest rate paid on other similar products issued by GWL&A.

March 31, 2022

 

The following tables are a summary of the transactions for each underlying investment during the period ended March 31, 2022, in which the issuer was an affiliate of a Fund, as defined in the Investment Company Act of 1940.
Great-West Lifetime 2015 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Bond Index Fund Institutional Class 7,598,567 $75,918,732 $2,713,942 $4,528,091 $(115,123)   $(4,577,696)   $322,454   $69,526,887   10.17%
Great-West Core Bond Fund Institutional Class 3,650,243 37,255,881 1,331,322 2,075,555 (15,262)   (2,418,374)   125,077   34,093,274   4.99
Great-West Global Bond Fund Institutional Class 4,567,813 41,184,223 1,118,853 2,429,719 (80,064)   (2,234,578)   -   37,638,779   5.50
Great-West High Yield Bond Fund Institutional Class 2,346,815 25,572,942 233,272 1,153,116 46,513   (1,231,886)   -   23,421,212   3.43
Great-West Inflation-Protected Securities Fund Institutional Class 9,022,701 102,348,662 1,546,934 8,366,027 339,884   (2,505,525)   -   93,024,044   13.60
Great-West Multi-Sector Bond Fund Institutional Class 3,183,160 31,222,996 601,761 1,816,378 (57,426)   (1,391,768)   -   28,616,611   4.18
Great-West Short Duration Bond Fund Institutional Class 3,637,696 38,092,212 796,624 2,987,167 (49,690)   (1,052,539)   125,724   34,849,130   5.10
          68,832   (15,412,366)   573,255   321,169,937   46.97
EQUITY MUTUAL FUNDS                          
Great-West Ariel Mid Cap Value Fund Institutional Class 160,957 2,730,577 54,079 158,764 65,779   (180,958)   -   2,444,934   0.36
Great-West Emerging Markets Equity Fund Institutional Class 907,157 9,331,897 729,579 719,892 104,242   (905,021)   -   8,436,563   1.23
Great-West International Growth Fund Institutional Class 1,442,177 15,448,912 1,288,949 259,733 56,085   (2,546,701)   -   13,931,427   2.04
Great-West International Index Fund Institutional Class 2,998,803 34,107,200 999,529 2,038,130 (37,862)   (2,180,924)   -   30,887,675   4.52
Great-West International Value Fund Institutional Class 1,985,391 18,735,963 485,555 775,728 229,115   (1,470,696)   -   16,975,094   2.48
Great-West Large Cap Growth Fund Institutional Class 2,503,546 27,705,436 1,081,818 1,305,062 (52,341)   (2,421,698)   -   25,060,494   3.66
Great-West Large Cap Value Fund Institutional Class 3,487,582 31,613,652 148,763 2,980,910 687,405   (218,210)   -   28,563,295   4.18
Great-West Mid Cap Value Fund Institutional Class 1,120,924 10,907,763 85,835 1,240,799 (14,727)   21,659   -   9,774,458   1.43
Great-West Real Estate Index Fund Institutional Class 736,510 8,686,424 111,279 291,154 252,012   (589,071)   -   7,917,478   1.16
Great-West S&P 500® Index Fund Institutional Class 5,678,039 59,290,115 1,165,732 3,641,075 359,930   (3,043,746)   -   53,771,026   7.86
Great-West S&P Mid Cap 400® Index Fund Institutional Class 2,437,964 25,601,616 381,860 1,730,401 104,447   (1,311,835)   -   22,941,240   3.36
Great-West S&P Small Cap 600® Index Fund Institutional Class 1,336,378 11,629,673 174,918 529,246 223,179   (864,959)   -   10,410,386   1.52
Great-West Small Cap Growth Fund Institutional Class 85,873 1,064,830 52,892 32,442 1,752   (128,653)   -   956,627   0.14
Great-West Small Cap Value Fund Institutional Class 698,201 6,318,891 70,538 419,193 105,733   (356,703)   -   5,613,533   0.82
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 1,401,697 11,889,639 553,462 325,707 44,583   (1,366,374)   -   10,751,020   1.57
          2,129,332   (17,563,890)   0   248,435,250   36.33

March 31, 2022

 

Great-West Lifetime 2015 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 81,205,438 $88,828,959 $935,286 $8,821,436 $-   $-   $262,629   $81,205,438   11.88%
          0   0   262,629   81,205,438   11.88
        Total $2,198,164   $(32,976,256)   $835,884   $650,810,625   95.18%
Great-West Lifetime 2020 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Bond Index Fund Institutional Class 5,221,376 $49,217,159 $5,066,874 $3,490,670 $(116,362)   $(3,017,776)   $219,696   $47,775,587   10.88%
Great-West Core Bond Fund Institutional Class 2,507,915 24,169,497 2,449,398 1,577,940 (10,086)   (1,617,025)   85,210   23,423,930   5.33
Great-West Global Bond Fund Institutional Class 2,917,259 24,895,602 1,963,249 1,451,440 (80,982)   (1,369,196)   -   24,038,215   5.47
Great-West High Yield Bond Fund Institutional Class 1,566,169 16,252,041 1,004,242 775,293 79,649   (850,626)   -   15,630,364   3.56
Great-West Inflation-Protected Securities Fund Institutional Class 4,551,337 48,969,545 3,429,568 4,164,425 262,306   (1,310,402)   -   46,924,286   10.68
Great-West Multi-Sector Bond Fund Institutional Class 2,171,771 20,216,825 1,471,757 1,192,656 4,907   (971,703)   -   19,524,223   4.45
Great-West Short Duration Bond Fund Institutional Class 1,901,265 18,852,841 1,264,132 1,352,143 (14,429)   (550,711)   65,139   18,214,119   4.15
          125,003   (9,687,439)   370,045   195,530,724   44.52
EQUITY MUTUAL FUNDS                          
Great-West Ariel Mid Cap Value Fund Institutional Class 111,587 1,846,685 120,857 142,561 51,361   (129,974)   -   1,695,007   0.39
Great-West Emerging Markets Equity Fund Institutional Class 710,563 7,021,413 744,956 466,459 84,023   (691,673)   -   6,608,237   1.50
Great-West International Growth Fund Institutional Class 1,071,480 11,125,871 1,892,982 667,580 172,624   (2,000,778)   -   10,350,495   2.36
Great-West International Index Fund Institutional Class 2,225,774 24,443,877 1,871,147 1,599,069 191,415   (1,790,484)   -   22,925,471   5.22
Great-West International Value Fund Institutional Class 1,477,845 13,416,891 964,614 698,351 143,726   (1,047,580)   -   12,635,574   2.88
Great-West Large Cap Growth Fund Institutional Class 1,744,717 18,857,641 1,931,132 1,674,552 (50,175)   (1,649,604)   -   17,464,617   3.98
Great-West Large Cap Value Fund Institutional Class 2,453,564 21,622,875 461,734 1,951,478 359,457   (38,439)   -   20,094,692   4.58
Great-West Mid Cap Value Fund Institutional Class 791,860 7,634,195 200,295 972,202 (34,934)   42,731   -   6,905,019   1.57
Great-West Real Estate Index Fund Institutional Class 472,153 5,462,673 317,886 266,704 226,671   (438,214)   -   5,075,641   1.15
Great-West S&P 500® Index Fund Institutional Class 3,974,636 40,421,832 2,676,885 3,821,464 (201,772)   (1,637,451)   -   37,639,802   8.57
Great-West S&P Mid Cap 400® Index Fund Institutional Class 1,712,785 17,592,497 1,105,133 1,663,069 96,042   (917,255)   -   16,117,306   3.67

March 31, 2022

 

Great-West Lifetime 2020 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
Great-West S&P Small Cap 600® Index Fund Institutional Class 1,039,377 $8,874,815 $529,754 $548,616 $272,857   $(759,207)   $-   $8,096,746   1.84%
Great-West Small Cap Growth Fund Institutional Class 66,999 812,667 110,944 59,937 19,977   (117,300)   -   746,374   0.17
Great-West Small Cap Value Fund Institutional Class 538,208 4,784,579 218,564 342,626 142,564   (333,327)   -   4,327,190   0.98
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 978,457 8,103,642 1,035,681 795,822 (69,873)   (838,735)   -   7,504,766   1.71
          1,403,963   (12,347,290)   0   178,186,937   40.57
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 42,335,870 43,954,434 1,936,142 3,688,998 -   -   134,292   42,335,870   9.64
          0   0   134,292   42,335,870   9.64
        Total $1,528,966   $(22,034,729)   $504,337   $416,053,531   94.73%
Great-West Lifetime 2025 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Bond Index Fund Institutional Class 17,895,579 $171,553,228 $10,475,280 $7,737,513 $(284,119)   $(10,546,451)   $756,856   $163,744,544   10.83%
Great-West Core Bond Fund Institutional Class 8,608,508 84,489,226 5,104,291 3,622,400 (60,741)   (5,567,653)   294,012   80,403,464   5.32
Great-West Global Bond Fund Institutional Class 9,477,569 81,984,077 4,198,116 3,487,153 (129,017)   (4,599,871)   -   78,095,169   5.17
Great-West High Yield Bond Fund Institutional Class 5,273,459 55,499,208 1,685,850 1,892,036 62,746   (2,663,899)   -   52,629,123   3.48
Great-West Inflation-Protected Securities Fund Institutional Class 11,463,016 125,312,067 3,984,424 8,112,469 337,520   (3,000,331)   -   118,183,691   7.82
Great-West Multi-Sector Bond Fund Institutional Class 7,435,852 70,420,094 2,819,199 3,164,837 (100,256)   (3,226,146)   -   66,848,310   4.42
Great-West Short Duration Bond Fund Institutional Class 5,007,813 50,427,897 1,941,117 2,912,746 (15,497)   (1,481,420)   172,533   47,974,848   3.17
          (189,364)   (31,085,771)   1,223,401   607,879,149   40.21
EQUITY MUTUAL FUNDS                          
Great-West Ariel Mid Cap Value Fund Institutional Class 435,703 7,144,481 259,012 306,699 166,523   (478,461)   -   6,618,333   0.44
Great-West Emerging Markets Equity Fund Institutional Class 3,032,857 30,151,630 2,544,264 1,614,877 176,301   (2,875,448)   -   28,205,569   1.87
Great-West International Growth Fund Institutional Class 4,362,413 45,355,114 5,074,986 768,026 81,186   (7,521,164)   -   42,140,910   2.79
Great-West International Index Fund Institutional Class 9,080,762 100,095,400 4,237,291 4,053,075 61,955   (6,747,769)   -   93,531,847   6.19
Great-West International Value Fund Institutional Class 6,018,021 55,004,669 2,145,085 1,518,131 436,376   (4,177,540)   -   51,454,083   3.40

March 31, 2022

 

Great-West Lifetime 2025 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
Great-West Large Cap Growth Fund Institutional Class 6,712,969 $72,167,229 $4,036,337 $2,434,702 $95,091   $(6,572,047)   $-   $67,196,817   4.44%
Great-West Large Cap Value Fund Institutional Class 9,501,581 83,561,158 1,324,373 7,527,938 773,219   460,353   -   77,817,946   5.15
Great-West Mid Cap Value Fund Institutional Class 3,050,233 28,803,448 478,204 2,663,010 42,082   (20,613)   -   26,598,029   1.76
Great-West Real Estate Index Fund Institutional Class 1,649,067 18,901,490 706,498 626,619 535,958   (1,253,898)   -   17,727,471   1.17
Great-West S&P 500® Index Fund Institutional Class 15,337,095 155,691,056 4,940,449 7,431,255 914,433   (7,957,956)   -   145,242,294   9.61
Great-West S&P Mid Cap 400® Index Fund Institutional Class 6,594,010 67,204,238 2,175,890 3,870,670 285,921   (3,459,821)   -   62,049,637   4.10
Great-West S&P Small Cap 600® Index Fund Institutional Class 4,407,256 37,208,636 1,359,289 2,185,434 (15,381)   (2,049,969)   -   34,332,522   2.27
Great-West Small Cap Growth Fund Institutional Class 284,905 3,431,151 269,751 105,134 10,580   (421,930)   -   3,173,838   0.21
Great-West Small Cap Value Fund Institutional Class 2,294,264 20,103,391 554,103 1,268,635 122,647   (942,976)   -   18,445,883   1.22
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 3,767,163 31,044,524 2,190,537 774,646 102,340   (3,566,277)   -   28,894,138   1.91
          3,789,231   (47,585,516)   0   703,429,317   46.53
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 111,763,547 117,330,653 2,501,334 8,424,321 -   -   355,881   111,763,547   7.39
          0   0   355,881   111,763,547   7.39
        Total $3,599,867   $(78,671,287)   $1,579,282   $1,423,072,013   94.13%
Great-West Lifetime 2030 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Bond Index Fund Institutional Class 5,217,795 $47,745,791 $5,756,892 $2,844,801 $(153,183)   $(2,915,058)   $218,669   $47,742,824   9.86%
Great-West Core Bond Fund Institutional Class 2,509,229 23,491,388 2,801,595 1,295,936 (33,538)   (1,560,845)   84,910   23,436,202   4.84
Great-West Global Bond Fund Institutional Class 2,641,844 21,827,803 2,188,574 1,042,320 (78,502)   (1,205,266)   -   21,768,791   4.50
Great-West High Yield Bond Fund Institutional Class 1,506,460 15,078,194 1,179,660 453,783 51,611   (769,602)   -   15,034,469   3.10
Great-West Inflation-Protected Securities Fund Institutional Class 2,391,600 24,917,946 2,156,907 1,790,387 89,718   (627,069)   -   24,657,397   5.09
Great-West Multi-Sector Bond Fund Institutional Class 2,159,455 19,482,194 1,745,669 896,058 (18,930)   (918,300)   -   19,413,505   4.01
Great-West Short Duration Bond Fund Institutional Class 1,114,760 10,718,544 903,521 631,734 (14,345)   (310,927)   38,059   10,679,404   2.21
          (157,169)   (8,307,067)   341,638   162,732,592   33.61

March 31, 2022

 

Great-West Lifetime 2030 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
EQUITY MUTUAL FUNDS                          
Great-West Ariel Mid Cap Value Fund Institutional Class 161,293 $2,518,442 $142,161 $70,475 $25,842   $(140,087)   $-   $2,450,041   0.50%
Great-West Emerging Markets Equity Fund Institutional Class 1,232,378 11,672,100 1,355,784 405,539 82,097   (1,161,227)   -   11,461,118   2.37
Great-West International Growth Fund Institutional Class 1,697,851 16,763,277 2,914,260 326,106 131,056   (2,950,195)   -   16,401,236   3.39
Great-West International Index Fund Institutional Class 3,520,287 36,934,030 2,717,189 780,245 105,984   (2,612,013)   -   36,258,961   7.49
Great-West International Value Fund Institutional Class 2,334,245 20,332,987 1,430,709 316,606 79,969   (1,489,296)   -   19,957,794   4.12
Great-West Large Cap Growth Fund Institutional Class 2,457,266 25,049,495 2,902,179 1,167,184 (90,721)   (2,187,261)   -   24,597,229   5.08
Great-West Large Cap Value Fund Institutional Class 3,490,463 29,317,740 458,042 1,256,773 354,907   67,883   -   28,586,892   5.90
Great-West Mid Cap Value Fund Institutional Class 1,122,925 10,148,683 233,528 605,777 (4,247)   15,471   -   9,791,905   2.02
Great-West Real Estate Index Fund Institutional Class 536,172 5,831,160 440,204 157,476 131,196   (350,040)   -   5,763,848   1.19
Great-West S&P 500® Index Fund Institutional Class 5,631,717 54,273,030 3,986,769 2,576,914 (105,393)   (2,350,523)   -   53,332,362   11.01
Great-West S&P Mid Cap 400® Index Fund Institutional Class 2,417,700 23,537,134 1,520,150 1,127,439 71,626   (1,179,284)   -   22,750,561   4.70
Great-West S&P Small Cap 600® Index Fund Institutional Class 1,769,992 14,194,899 1,115,661 741,369 (8,002)   (780,951)   -   13,788,240   2.85
Great-West Small Cap Growth Fund Institutional Class 112,929 1,291,428 190,122 65,139 963   (158,387)   -   1,258,024   0.26
Great-West Small Cap Value Fund Institutional Class 920,353 7,670,240 384,003 318,355 14,434   (336,249)   -   7,399,639   1.53
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 1,374,799 10,781,105 1,440,236 452,089 512   (1,224,545)   -   10,544,707   2.18
          790,223   (16,836,704)   0   264,342,557   54.59
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 24,868,707 24,966,456 1,542,292 1,717,235 -   -   77,194   24,868,707   5.13
          0   0   77,194   24,868,707   5.13
        Total $633,054   $(25,143,771)   $418,832   $451,943,856   93.33%
Great-West Lifetime 2035 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
Net Change
Unrealized
Appreciation
(Depreciation)
Dividends
and
Interest
Received
Value
03/31/2022
Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                  
Great-West Bond Index Fund Institutional Class 12,606,189 $122,989,352 $6,855,089 $6,843,866 $(16,195) $(7,653,943) $533,011 $115,346,632 7.79%
Great-West Core Bond Fund Institutional Class 6,052,668 60,379,744 3,342,519 3,217,117 (4,595) (3,973,222) 206,670 56,531,924 3.82
Great-West Global Bond Fund Institutional Class 6,153,609 54,266,066 2,481,135 3,076,321 (121,018) (2,965,145) - 50,705,735 3.43

March 31, 2022

 

Great-West Lifetime 2035 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
Great-West High Yield Bond Fund Institutional Class 3,600,622 $38,639,523 $962,031 $1,805,088 $57,780   $(1,862,258)   $-   $35,934,208   2.43%
Great-West Inflation-Protected Securities Fund Institutional Class 3,952,599 43,977,336 1,253,222 3,274,439 278,557   (1,204,822)   -   40,751,297   2.75
Great-West Multi-Sector Bond Fund Institutional Class 5,201,643 50,080,065 1,842,719 2,996,629 (183,338)   (2,163,387)   -   46,762,768   3.16
Great-West Short Duration Bond Fund Institutional Class 2,026,773 20,778,537 730,818 1,492,574 (8,587)   (600,299)   69,776   19,416,482   1.31
          2,604   (20,423,076)   809,457   365,449,046   24.69
EQUITY MUTUAL FUNDS                          
Great-West Ariel Mid Cap Value Fund Institutional Class 573,076 9,552,282 163,413 433,824 158,223   (576,843)   -   8,705,028   0.59
Great-West Emerging Markets Equity Fund Institutional Class 4,814,352 48,733,256 3,480,665 3,079,981 67,174   (4,360,463)   -   44,773,477   3.02
Great-West International Growth Fund Institutional Class 6,315,436 66,571,786 5,889,439 560,305 (19,925)   (10,893,804)   -   61,007,116   4.12
Great-West International Index Fund Institutional Class 13,158,133 147,467,714 3,329,782 4,307,043 1,134,026   (10,961,687)   -   135,528,766   9.15
Great-West International Value Fund Institutional Class 8,719,845 81,092,930 1,808,513 3,648,310 (792,034)   (4,698,455)   -   74,554,678   5.04
Great-West Large Cap Growth Fund Institutional Class 8,628,772 94,195,079 3,491,952 2,389,362 389,539   (8,923,664)   -   86,374,005   5.83
Great-West Large Cap Value Fund Institutional Class 12,377,927 110,514,751 657,996 8,839,177 2,520,328   (958,345)   -   101,375,225   6.85
Great-West Mid Cap Value Fund Institutional Class 3,988,235 38,247,297 256,318 4,300,302 (581,271)   574,097   -   34,777,410   2.35
Great-West Real Estate Index Fund Institutional Class 1,643,386 19,147,473 396,771 1,029,681 97,133   (848,165)   -   17,666,398   1.19
Great-West S&P 500® Index Fund Institutional Class 19,862,415 204,773,174 3,236,764 12,387,602 (1,933,793)   (7,525,267)   -   188,097,069   12.71
Great-West S&P Mid Cap 400® Index Fund Institutional Class 8,548,218 88,402,155 1,468,278 4,499,930 678,259   (4,931,769)   -   80,438,734   5.43
Great-West S&P Small Cap 600® Index Fund Institutional Class 6,775,127 58,094,581 1,231,417 3,407,311 (120,137)   (3,140,447)   -   52,778,240   3.57
Great-West Small Cap Growth Fund Institutional Class 438,494 5,361,150 267,173 84,571 9,914   (658,932)   -   4,884,820   0.33
Great-West Small Cap Value Fund Institutional Class 3,541,814 31,524,725 526,709 1,853,084 429,570   (1,722,167)   -   28,476,183   1.92
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 4,828,327 40,403,839 1,936,823 901,516 (135,173)   (4,405,881)   -   37,033,265   2.50
          1,901,833   (64,031,792)   0   956,470,414   64.60
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 45,316,782 48,508,149 877,341 4,214,275 -   -   145,567   45,316,782   3.06
          0   0   145,567   45,316,782   3.06
        Total $1,904,437   $(84,454,868)   $955,024   $1,367,236,242   92.35%

March 31, 2022

 

Great-West Lifetime 2040 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Bond Index Fund Institutional Class 2,059,582 $18,918,734 $2,358,344 $1,305,415 $(77,282)   $(1,126,486)   $85,943   $18,845,177   5.42%
Great-West Core Bond Fund Institutional Class 989,444 9,289,105 1,158,391 605,765 (24,200)   (600,324)   33,358   9,241,407   2.66
Great-West Global Bond Fund Institutional Class 976,523 8,103,534 889,719 506,706 (29,665)   (440,000)   -   8,046,547   2.32
Great-West High Yield Bond Fund Institutional Class 582,483 5,863,353 503,941 262,171 14,842   (291,944)   -   5,813,179   1.67
Great-West Inflation-Protected Securities Fund Institutional Class 405,624 4,235,609 381,941 328,223 15,573   (107,346)   -   4,181,981   1.20
Great-West Multi-Sector Bond Fund Institutional Class 849,299 7,683,680 749,249 448,808 (16,793)   (348,918)   -   7,635,203   2.20
Great-West Short Duration Bond Fund Institutional Class 244,437 2,359,064 213,773 164,105 (3,591)   (67,021)   8,318   2,341,711   0.67
          (121,116)   (2,982,039)   127,619   56,105,205   16.14
EQUITY MUTUAL FUNDS                          
Great-West Ariel Mid Cap Value Fund Institutional Class 147,774 2,328,909 115,981 72,700 23,453   (127,497)   -   2,244,693   0.65
Great-West Emerging Markets Equity Fund Institutional Class 1,385,949 13,190,968 1,514,318 550,411 82,326   (1,265,550)   -   12,889,325   3.71
Great-West International Growth Fund Institutional Class 1,739,202 17,280,461 2,957,849 455,006 111,817   (2,982,612)   -   16,800,692   4.83
Great-West International Index Fund Institutional Class 3,616,857 38,257,111 2,827,401 1,262,796 41,691   (2,568,084)   -   37,253,632   10.72
Great-West International Value Fund Institutional Class 2,399,556 21,037,107 1,516,722 482,930 127,643   (1,554,694)   -   20,516,205   5.90
Great-West Large Cap Growth Fund Institutional Class 2,241,670 23,059,866 2,369,045 891,385 (4,711)   (2,098,412)   -   22,439,114   6.46
Great-West Large Cap Value Fund Institutional Class 3,238,890 27,301,497 465,217 1,550,273 79,169   310,066   -   26,526,507   7.63
Great-West Mid Cap Value Fund Institutional Class 1,042,328 9,467,397 176,698 581,321 (20,979)   26,322   -   9,089,096   2.61
Great-West Real Estate Index Fund Institutional Class 387,960 4,291,167 287,853 132,789 111,552   (275,662)   -   4,170,569   1.20
Great-West S&P 500® Index Fund Institutional Class 5,181,298 50,324,460 3,114,578 1,859,971 201,683   (2,512,176)   -   49,066,891   14.12
Great-West S&P Mid Cap 400® Index Fund Institutional Class 2,224,856 21,835,497 1,250,939 1,047,118 60,206   (1,103,422)   -   20,935,896   6.02
Great-West S&P Small Cap 600® Index Fund Institutional Class 1,912,087 15,508,386 1,136,724 919,546 (39,886)   (830,410)   -   14,895,154   4.29
Great-West Small Cap Growth Fund Institutional Class 124,934 1,442,436 200,565 70,808 4,875   (180,429)   -   1,391,764   0.40
Great-West Small Cap Value Fund Institutional Class 997,537 8,401,741 421,381 417,541 34,039   (385,380)   -   8,020,201   2.31
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 1,256,490 9,909,835 1,277,416 377,240 45,254   (1,172,733)   -   9,637,278   2.77
          858,132   (16,720,673)   0   255,877,017   73.62

March 31, 2022

 

Great-West Lifetime 2040 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 5,443,049 $5,490,552 $376,189 $440,518 $-   $-   $16,826   $5,443,049   1.56%
          0   0   16,826   5,443,049   1.56
        Total $737,016   $(19,702,712)   $144,445   $317,425,271   91.32%
Great-West Lifetime 2045 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Bond Index Fund Institutional Class 3,879,485 $36,901,694 $3,109,078 $2,202,565 $3,907   $(2,310,917)   $163,251   $35,497,290   3.63%
Great-West Core Bond Fund Institutional Class 1,862,522 18,113,669 1,528,602 1,025,071 25,233   (1,221,248)   63,285   17,395,952   1.78
Great-West Global Bond Fund Institutional Class 1,799,964 15,475,051 1,139,485 935,526 (35,030)   (847,310)   -   14,831,700   1.52
Great-West High Yield Bond Fund Institutional Class 1,084,433 11,354,566 590,825 575,391 17,292   (547,355)   -   10,822,645   1.11
Great-West Inflation-Protected Securities Fund Institutional Class 378,761 4,118,957 208,175 318,374 16,806   (103,737)   -   3,905,021   0.40
Great-West Multi-Sector Bond Fund Institutional Class 1,597,388 14,995,100 954,812 927,749 (40,692)   (661,647)   -   14,360,516   1.47
Great-West Short Duration Bond Fund Institutional Class 317,638 3,176,445 188,184 229,780 (1,443)   (91,873)   10,888   3,042,976   0.31
          (13,927)   (5,784,087)   237,424   99,856,100   10.22
EQUITY MUTUAL FUNDS                          
Great-West Ariel Mid Cap Value Fund Institutional Class 441,184 7,260,060 161,134 271,730 128,615   (447,877)   -   6,701,587   0.69
Great-West Emerging Markets Equity Fund Institutional Class 4,502,548 44,869,207 3,790,745 2,769,423 64,438   (4,016,829)   -   41,873,700   4.28
Great-West International Growth Fund Institutional Class 5,416,816 56,218,376 5,938,548 639,520 (29,466)   (9,190,961)   -   52,326,443   5.35
Great-West International Index Fund Institutional Class 11,283,294 124,558,511 4,556,296 3,673,598 998,781   (9,223,280)   -   116,217,929   11.89
Great-West International Value Fund Institutional Class 7,470,345 68,389,152 2,416,324 2,885,051 (555,031)   (4,048,979)   -   63,871,446   6.53
Great-West Large Cap Growth Fund Institutional Class 6,611,881 71,051,048 3,495,840 1,667,933 267,255   (6,694,023)   -   66,184,932   6.77
Great-West Large Cap Value Fund Institutional Class 9,597,701 84,441,764 931,470 6,730,118 1,218,703   (37,943)   -   78,605,173   8.04
Great-West Mid Cap Value Fund Institutional Class 3,093,690 29,289,378 208,663 2,913,882 (406,011)   392,813   -   26,976,972   2.76
Great-West Real Estate Index Fund Institutional Class 1,102,975 12,672,084 376,505 641,691 59,372   (549,920)   -   11,856,978   1.21
Great-West S&P 500® Index Fund Institutional Class 15,324,989 155,371,936 4,185,309 8,783,606 (1,506,735)   (5,645,998)   -   145,127,641   14.84
Great-West S&P Mid Cap 400® Index Fund Institutional Class 6,576,525 67,039,378 1,406,273 3,681,410 (359,968)   (2,879,139)   -   61,885,102   6.33

March 31, 2022

 

Great-West Lifetime 2045 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
Great-West S&P Small Cap 600® Index Fund Institutional Class 6,087,074 $51,504,176 $1,409,350 $2,386,042 $207,531   $(3,109,175)   $-   $47,418,309   4.85%
Great-West Small Cap Growth Fund Institutional Class 395,041 4,752,949 326,244 98,118 4,011   (580,319)   -   4,400,756   0.45
Great-West Small Cap Value Fund Institutional Class 3,172,885 27,903,040 582,989 1,826,417 (7,846)   (1,149,614)   -   25,509,998   2.61
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 3,701,662 30,530,643 1,979,493 782,980 (94,704)   (3,335,409)   -   28,391,747   2.90
          (11,055)   (50,516,653)   0   777,348,713   79.50
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 7,155,637 7,475,819 291,397 634,112 -   -   22,533   7,155,637   0.73
          0   0   22,533   7,155,637   0.73
        Total $(24,982)   $(56,300,740)   $259,957   $884,360,450   90.45%
Great-West Lifetime 2050 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Bond Index Fund Institutional Class 651,754 $5,754,085 $881,258 $318,200 $(17,417)   $(353,593)   $27,101   $5,963,550   2.91%
Great-West Core Bond Fund Institutional Class 312,289 2,818,544 432,736 147,286 (4,796)   (187,214)   10,489   2,916,780   1.43
Great-West Global Bond Fund Institutional Class 295,811 2,361,258 328,274 119,777 (6,502)   (132,276)   -   2,437,479   1.19
Great-West High Yield Bond Fund Institutional Class 180,197 1,740,857 212,342 68,384 3,953   (86,452)   -   1,798,363   0.88
Great-West Inflation-Protected Securities Fund Institutional Class 9,995 100,113 11,897 6,977 (202)   (1,981)   -   103,052   0.05
Great-West Multi-Sector Bond Fund Institutional Class 266,893 2,320,453 300,304 113,375 (3,420)   (108,009)   -   2,399,373   1.17
Great-West Short Duration Bond Fund Institutional Class 34,508 319,897 38,011 17,945 (345)   (9,381)   1,168   330,582   0.16
          (28,729)   (878,906)   38,758   15,949,179   7.79
EQUITY MUTUAL FUNDS                          
Great-West Ariel Mid Cap Value Fund Institutional Class 92,427 1,387,860 114,196 25,737 9,327   (72,360)   -   1,403,959   0.69
Great-West Emerging Markets Equity Fund Institutional Class 1,035,816 9,446,550 1,370,015 269,445 46,873   (914,036)   -   9,633,084   4.71
Great-West International Growth Fund Institutional Class 1,194,305 11,338,068 2,403,368 218,100 87,484   (1,986,348)   -   11,536,988   5.64
Great-West International Index Fund Institutional Class 2,482,738 25,163,891 2,667,933 535,808 35,509   (1,723,818)   -   25,572,198   12.49
Great-West International Value Fund Institutional Class 1,646,581 13,846,914 1,459,424 215,166 58,075   (1,012,903)   -   14,078,269   6.88

March 31, 2022

 

Great-West Lifetime 2050 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
Great-West Large Cap Growth Fund Institutional Class 1,372,739 $13,500,436 $1,742,035 $271,567 $(7,420)   $(1,229,788)   $-   $13,741,116   6.71%
Great-West Large Cap Value Fund Institutional Class 2,008,418 16,203,600 648,363 598,139 41,609   195,122   -   16,448,946   8.03
Great-West Mid Cap Value Fund Institutional Class 646,971 5,627,081 236,383 229,776 (1,349)   7,896   -   5,641,584   2.76
Great-West Real Estate Index Fund Institutional Class 232,161 2,429,121 254,144 53,148 43,674   (134,381)   -   2,495,736   1.22
Great-West S&P 500® Index Fund Institutional Class 3,193,566 29,699,284 2,541,470 580,410 59,455   (1,417,270)   -   30,243,074   14.77
Great-West S&P Mid Cap 400® Index Fund Institutional Class 1,376,280 12,801,723 1,118,917 330,663 22,919   (639,182)   -   12,950,795   6.33
Great-West S&P Small Cap 600® Index Fund Institutional Class 1,375,444 10,571,908 1,114,719 375,615 (5,229)   (596,301)   -   10,714,711   5.23
Great-West Small Cap Growth Fund Institutional Class 88,345 969,660 166,021 20,939 11,308   (130,577)   -   984,165   0.48
Great-West Small Cap Value Fund Institutional Class 718,485 5,724,078 491,680 178,445 15,516   (260,694)   -   5,776,619   2.82
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 771,774 5,819,753 909,743 129,819 16,429   (680,167)   -   5,919,510   2.89
          434,180   (10,594,807)   0   167,140,754   81.65
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 763,666 739,418 69,389 47,434 -   -   2,293   763,666   0.37
          0   0   2,293   763,666   0.37
        Total $405,451   $(11,473,713)   $41,051   $183,853,599   89.81%
Great-West Lifetime 2055 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                          
Great-West Bond Index Fund Institutional Class 1,347,244 $12,794,521 $1,194,775 $900,954 $(38,164)   $(761,055)   $56,450   $12,327,287   2.65%
Great-West Core Bond Fund Institutional Class 646,826 6,284,616 581,173 414,585 (4,835)   (409,850)   21,895   6,041,354   1.30
Great-West Global Bond Fund Institutional Class 635,212 5,458,539 431,175 368,819 (24,979)   (286,749)   -   5,234,146   1.12
Great-West High Yield Bond Fund Institutional Class 371,176 3,866,753 228,917 198,832 11,428   (192,504)   -   3,704,334   0.80
Great-West Multi-Sector Bond Fund Institutional Class 552,456 5,179,527 354,377 322,971 1,496   (244,351)   -   4,966,582   1.07
Great-West Short Duration Bond Fund Institutional Class 63,431 633,537 41,128 48,913 (538)   (18,084)   2,168   607,668   0.13
          (55,592)   (1,912,593)   80,513   32,881,371   7.07
EQUITY MUTUAL FUNDS                          
Great-West Ariel Mid Cap Value Fund Institutional Class 203,975 3,310,422 80,619 110,414 34,670   (182,241)   -   3,098,386   0.67

March 31, 2022

 

Great-West Lifetime 2055 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
Great-West Emerging Markets Equity Fund Institutional Class 2,516,331 $24,903,550 $2,206,521 $1,342,303 $183,502   $(2,365,894)   $-   $23,401,874   5.03%
Great-West International Growth Fund Institutional Class 2,784,897 28,685,239 3,335,728 382,385 (15,496)   (4,736,475)   -   26,902,107   5.78
Great-West International Index Fund Institutional Class 5,799,167 63,537,533 2,422,972 1,839,972 160,987   (4,389,108)   -   59,731,425   12.84
Great-West International Value Fund Institutional Class 3,842,933 34,963,272 1,334,934 1,346,315 (277,282)   (2,094,812)   -   32,857,079   7.06
Great-West Large Cap Growth Fund Institutional Class 3,033,962 32,343,818 1,917,617 808,385 130,078   (3,083,096)   -   30,369,954   6.53
Great-West Large Cap Value Fund Institutional Class 4,474,249 39,077,662 323,379 2,796,796 502,091   39,855   -   36,644,100   7.88
Great-West Mid Cap Value Fund Institutional Class 1,441,294 13,467,880 96,558 1,146,274 (154,442)   149,921   -   12,568,085   2.70
Great-West Real Estate Index Fund Institutional Class 529,061 6,011,842 240,954 265,813 65,683   (299,582)   -   5,687,401   1.22
Great-West S&P 500® Index Fund Institutional Class 7,103,715 71,488,799 2,281,876 3,984,868 (804,731)   (2,513,630)   -   67,272,177   14.46
Great-West S&P Mid Cap 400® Index Fund Institutional Class 3,040,664 30,718,121 814,263 1,262,960 171,515   (1,656,781)   -   28,612,643   6.15
Great-West S&P Small Cap 600® Index Fund Institutional Class 3,243,469 27,166,787 962,570 1,390,530 (55,658)   (1,472,200)   -   25,266,627   5.43
Great-West Small Cap Growth Fund Institutional Class 208,403 2,490,651 219,212 81,878 2,977   (306,377)   -   2,321,608   0.50
Great-West Small Cap Value Fund Institutional Class 1,689,854 14,692,735 320,191 635,590 178,385   (790,910)   -   13,586,426   2.92
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 1,699,902 13,910,411 1,071,676 447,031 (80,182)   (1,496,807)   -   13,038,249   2.80
          42,097   (25,198,137)   0   381,358,141   81.97
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 1,399,374 1,460,518 65,215 130,766 -   -   4,407   1,399,374   0.30
          0   0   4,407   1,399,374   0.30
        Total $(13,495)   $(27,110,730)   $84,920   $415,638,886   89.34%
Great-West Lifetime 2060 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
Net Change
Unrealized
Appreciation
(Depreciation)
Dividends
and
Interest
Received
Value
03/31/2022
Value as a
Percentage of
Net Assets
BOND MUTUAL FUNDS                  
Great-West Bond Index Fund Institutional Class 50,755 $449,982 $99,524 $60,232 $(4,287) $(24,861) $2,094 $464,413 2.53%
Great-West Core Bond Fund Institutional Class 24,442 221,509 48,732 29,040 (2,241) (12,912) 815 228,289 1.24
Great-West Global Bond Fund Institutional Class 25,430 203,757 42,958 27,331 (2,164) (9,843) - 209,541 1.14
Great-West High Yield Bond Fund Institutional Class 13,937 135,121 24,662 14,729 (523) (5,962) - 139,092 0.76

March 31, 2022

 

Great-West Lifetime 2060 Fund
Affiliate Shares Held/
Account
Balance
03/31/2022
Value
12/31/2021
Purchase
Cost
Sales
Cost
Net Realized
Gain (Loss)
  Net Change
Unrealized
Appreciation
(Depreciation)
  Dividends
and
Interest
Received
  Value
03/31/2022
  Value as a
Percentage of
Net Assets
Great-West Multi-Sector Bond Fund Institutional Class 20,853 $181,861 $35,892 $23,378 $(1,889)   $(6,910)   $-   $187,465   1.02%
Great-West Short Duration Bond Fund Institutional Class 2,324 21,613 4,229 3,030 (114)   (543)   78   22,269   0.12
          (11,218)   (61,031)   2,987   1,251,069   6.81
EQUITY MUTUAL FUNDS                          
Great-West Ariel Mid Cap Value Fund Institutional Class 7,921 119,032 17,973 9,578 1,532   (7,111)   -   120,316   0.66
Great-West Emerging Markets Equity Fund Institutional Class 105,593 965,450 200,954 112,389 (16,951)   (72,003)   -   982,012   5.35
Great-West International Growth Fund Institutional Class 111,988 1,069,460 286,378 113,327 (21,939)   (160,710)   -   1,081,801   5.89
Great-West International Index Fund Institutional Class 232,831 2,362,217 429,920 239,426 (7,644)   (154,552)   -   2,398,159   13.06
Great-West International Value Fund Institutional Class 154,632 1,299,890 235,033 124,414 (3,016)   (88,405)   -   1,322,104   7.20
Great-West Large Cap Growth Fund Institutional Class 115,341 1,147,986 197,494 97,471 (13,156)   (93,444)   -   1,154,565   6.29
Great-West Large Cap Value Fund Institutional Class 171,146 1,385,209 144,701 134,057 13,464   5,835   -   1,401,688   7.64
Great-West Mid Cap Value Fund Institutional Class 55,155 504,029 42,006 71,280 (5,832)   6,199   -   480,954   2.62
Great-West Real Estate Index Fund Institutional Class 20,980 222,319 35,458 18,007 5,488   (14,233)   -   225,537   1.23
Great-West S&P 500® Index Fund Institutional Class 270,270 2,525,063 346,402 192,089 917   (119,917)   -   2,559,459   13.94
Great-West S&P Mid Cap 400® Index Fund Institutional Class 116,633 1,087,322 159,849 95,761 1,134   (53,893)   -   1,097,517   5.98
Great-West S&P Small Cap 600® Index Fund Institutional Class 133,437 1,041,743 156,470 107,898 (7,695)   (50,840)   -   1,039,475   5.66
Great-West Small Cap Growth Fund Institutional Class 8,593 95,749 20,851 11,732 (2,537)   (9,139)   -   95,729   0.52
Great-West Small Cap Value Fund Institutional Class 69,700 564,892 76,783 59,432 (1,954)   (21,859)   -   560,384   3.05
Great-West T. Rowe Price Mid Cap Growth Fund Institutional Class 64,726 500,624 92,731 49,946 (9,920)   (46,959)   -   496,450   2.70
          (68,109)   (881,031)   0   15,016,150   81.79
FIXED INTEREST CONTRACT                          
Great-West Life & Annuity Contract 53,813 52,227 9,284 7,860 -   -   162   53,813   0.29
          0   0   162   53,813   0.29
        Total $(79,327)   $(942,062)   $3,149   $16,321,032   88.89%

March 31, 2022