EQUITABLE AMERICA VARIABLE ACCOUNT A

 

FINANCIAL STATEMENTS

December 31, 2023

 

 

INDEX TO FINANCIAL STATEMENTS		Page
Report of Independent Registered Public Accounting Firm		1
Statement of Assets and Liabilities as of December 31, 2023		3
Statement of Operations for Year Ended December 31, 2023		20
Statement of Changes in Net Assets for the Year Ended December 31, 2023		29
Statement of Changes in Net Assets for the Year or Period Ended December 31, 2022		38
Notes to Financial Statements		47

 

 

 

 

Report of Independent Registered Public Accounting Firm

 

To the Board of Directors of Equitable Financial Life Insurance Company of America and the Contract owners of Equitable America Variable Account A

 

Opinions on the Financial Statements

 

We have audited the accompanying statements of assets and liabilities of each of the variable investment options of Equitable America Variable Account A indicated in the table below as of December 31, 2023, the related statements of operations for the year then ended, and the statements of changes in net assets for each of the two years in the period ended December 31, 2023, including the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the variable investment options of Equitable America Variable Account A as of December 31, 2023, the results of each of their operations for the year then ended, and the changes in each of their net assets for each of the two years in the period ended December 31, 2023, in conformity with accounting principles generally accepted in the United States of America.

 

1290 VT Equity Income	EQ/Money Market
1290 VT GAMCO Mergers & Acquisitions	EQ/Morgan Stanley Small Cap Growth
1290 VT GAMCO Small Company Value	EQ/PIMCO Ultra Short Bond
1290 VT Socially Responsible	EQ/Quality Bond PLUS
BNY Mellon Stock Index Fund, Inc.	EQ/Small Company Index
EQ/AB Small Cap Growth	EQ/JPMorgan Growth Stock
EQ/Aggressive Allocation	EQ/Value Equity
EQ/All Asset Growth Allocation	Fidelity® VIP Contrafund® Portfolio
EQ/Capital Group Research	Franklin Income VIP Fund
EQ/Conservative Allocation	Franklin Rising Dividends VIP Fund
EQ/Conservative-Plus Allocation	Invesco V.I. Diversified Dividend Fund
EQ/Core Bond Index	Invesco V.I. Global Core Equity Fund
EQ/Core Plus Bond	Invesco V.I. Global Fund
EQ/Global Equity Managed Volatility	Invesco V.I. Health Care Fund
EQ/Intermediate Government Bond	Invesco V.I. Technology Fund
EQ/Janus Enterprise	Janus Henderson Balanced Portfolio
EQ/Large Cap Growth Managed Volatility	Janus Henderson Enterprise Portfolio
EQ/Large Cap Value Index	Janus Henderson Forty Portfolio
EQ/Large Cap Value Managed Volatility	Janus Henderson Global Research Portfolio
EQ/Loomis Sayles Growth Portfolio	Janus Henderson Overseas Portfolio
EQ/MFS International Growth	MFS® Utilities Series
EQ/Mid Cap Index	PIMCO Global Bond Opportunities Portfolio (Unhedged)
EQ/Mid Cap Value Managed Volatility	ProFund VP Bear
EQ/ Moderate Allocation	ProFund VP Rising Rates Opportunity
EQ/Moderate-Plus Allocation	ProFund VP Ultrabull

 

Basis for Opinions

 

These financial statements are the responsibility of Equitable Financial Life Insurance Company of America management. Our responsibility is to express an opinion on the financial statements of each of the variable investment options of Equitable America Variable Account A based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to each of the variable investment options of Equitable America Variable Account A in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

 

PricewaterhouseCoopers LLP, 214 North Tryon Street, Suite 4200 Charlotte, NC 28202

T: (704) 344 7500, F: (704) 344 4100 www.pwc.com/us

 

 

 

 

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

 

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of investments owned as of December 31, 2023 by correspondence with the transfer agents of the investee mutual funds or the investee mutual funds directly. We believe that our audits provide a reasonable basis for our opinions.

 

 

 

PricewaterhouseCoopers LLP

Charlotte, North Carolina

April 12, 2024

 

We have served as the auditor of one or more of the variable investment options of Equitable America Variable Account A since at least 1998. We have not been able to determine the specific year we began serving as auditor of the Separate Account.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities

December 31, 2023

 

		1290 VT Equity Income*				1290 VT GAMCO Mergers & Acquisitions*				1290 VT GAMCO Small Company Value*				1290 VT Socially Responsible*				BNY Mellon Stock Index Fund, Inc.				EQ/AB Small Cap Growth*
Assets:
Investments in shares of the Portfolios, at fair value		$	8,092,726			$	1,288,165			$	84,695,137			$	1,691,728			$	16,214,241			$	885,269
Receivable for shares of the Portfolios sold			4,112				771				45,781				82				1,066				279
Total assets			8,096,838				1,288,936				84,740,918				1,691,810				16,215,307				885,548
Liabilities:
Payable for policy-related transactions			4,112				771				45,781				82				1,066				279
Total liabilities			4,112				771				45,781				82				1,066				279
Net Assets		$	8,092,726			$	1,288,165			$	84,695,137			$	1,691,728			$	16,214,241			$	885,269
Net Assets:
Accumulation unit values		$	8,092,726			$	1,288,165			$	84,695,137			$	1,691,728			$	16,214,241			$	885,269
Total Net Assets		$	8,092,726			$	1,288,165			$	84,695,137			$	1,691,728			$	16,214,241			$	885,269
Investments in shares of the Portfolios, at cost			8,500,059				1,307,283				54,936,188				869,011				10,292,576				967,939

 

*

Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisor Trust, an affiliate of Equitable Financial.

 

Note: Totals may not appear to foot/crossfoot due to rounding.

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

             

		EQ/Aggressive Allocation*				EQ/All Asset Growth Allocation*				EQ/Capital Group Research*				EQ/Conservative Allocation*				EQ/Conservative- Plus Allocation*				EQ/Core Bond Index*
Assets:
Investments in shares of the Portfolios, at fair value		$	1,220,865			$	68,998,335			$	19,749,315			$	1,157,968			$	998,546			$	8,656,768
Receivable for shares of the Portfolios sold			48				111,502				17,443				4,603				37				2,355
Total assets			1,220,913				69,109,837				19,766,758				1,162,571				998,583				8,659,123
Liabilities:
Payable for policy-related transactions			48				111,502				17,443				4,603				37				2,355
Total liabilities			48				111,502				17,443				4,603				37				2,355
Net Assets		$	1,220,865			$	68,998,335			$	19,749,315			$	1,157,968			$	998,546			$	8,656,768
Net Assets:
Accumulation unit values		$	1,220,865			$	68,998,335			$	19,749,315			$	1,157,968			$	998,546			$	8,656,768
Total Net Assets		$	1,220,865			$	68,998,335			$	19,749,315			$	1,157,968			$	998,546			$	8,656,768
Investments in shares of the Portfolios, at cost			1,323,676				72,984,012				17,405,760				1,338,655				1,100,400				9,230,969

 

*

Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisor Trust, an affiliate of Equitable Financial.

 

Note: Totals may not appear to foot/crossfoot due to rounding.

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

             

		EQ/Core Plus Bond*				EQ/Global Equity Managed Volatility*				EQ/Intermediate Government Bond*				EQ/Janus Enterprise*				EQ/Large Cap Growth Managed Volatility*				EQ/Large Cap Value Index*
Assets:
Investments in shares of the Portfolios, at fair value		$	1,093,015			$	1,920,133			$	3,553,990			$	5,828,899			$	6,930,801			$	7,784,688
Receivable for shares of the Portfolios sold			636				330				4,612				3,036				2,565				10,727
Total assets			1,093,651				1,920,463				3,558,602				5,831,935				6,933,366				7,795,415
Liabilities:
Payable for policy-related transactions			636				330				4,612				3,036				2,565				10,727
Total liabilities			636				330				4,612				3,036				2,565				10,727
Net Assets		$	1,093,015			$	1,920,133			$	3,553,990			$	5,828,899			$	6,930,801			$	7,784,688
Net Assets:
Accumulation unit values		$	1,093,015			$	1,920,133			$	3,553,990			$	5,828,899			$	6,930,801			$	7,784,688
Total Net Assets		$	1,093,015			$	1,920,133			$	3,553,990			$	5,828,899			$	6,930,801			$	7,784,688
Investments in shares of the Portfolios, at cost			1,213,612				1,673,751				3,757,530				5,252,890				6,650,206				5,598,426

 

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisor Trust, an affiliate of Equitable Financial.

 

Note: Totals may not appear to foot/crossfoot due to rounding.

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

		EQ/Large Cap Value Managed Volatility*				EQ/Loomis Sayles Growth Portfolio*				EQ/MFS International Growth*				EQ/Mid Cap Index*				EQ/Mid Cap Value Managed Volatility*				EQ/Moderate Allocation*
Assets:
Investments in shares of the Portfolios, at fair value		$	2,424,714			$	53,804,400			$	6,592,730			$	6,318,698			$	8,894,431			$	5,687,869
Receivable for shares of the Portfolios sold			160				15,737				3,455				857				4,148				624
Total assets			2,424,874				53,820,137				6,596,185				6,319,555				8,898,579				5,688,493
Liabilities:
Payable for policy-related transactions			160				15,737				3,455				857				4,148				624
Total liabilities			160				15,737				3,455				857				4,148				624
Net Assets		$	2,424,714			$	53,804,400			$	6,592,730			$	6,318,698			$	8,894,431			$	5,687,869
Net Assets:
Accumulation unit values		$	2,424,714			$	53,804,400			$	6,592,730			$	6,318,698			$	8,894,431			$	5,687,869
Total Net Assets		$	2,424,714			$	53,804,400			$	6,592,730			$	6,318,698			$	8,894,431			$	5,687,869
Investments in shares of the Portfolios, at cost			2,027,177				41,044,582				6,263,730				4,616,328				6,808,918				6,392,161

 

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisor Trust, an affiliate of Equitable Financial.

 

Note: Totals may not appear to foot/crossfoot due to rounding.

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

		EQ/Moderate- Plus Allocation*				EQ/Money Market*				EQ/Morgan Stanley Small Cap Growth*				EQ/PIMCO Ultra Short Bond*				EQ/Quality Bond PLUS*				EQ/Small Company Index*
Assets:
Investments in shares of the Portfolios, at fair value		$	3,232,203			$	21,778,154			$	8,309,464			$	1,388,496			$	2,280,614			$	2,116,937
Receivable for shares of the Portfolios sold			126				23,904				2,354				1,294				2,923				99
Total assets			3,232,329				21,802,058				8,311,818				1,389,790				2,283,537				2,117,036
Liabilities:
Payable for policy-related transactions			126				23,904				2,354				1,294				2,923				99
Total liabilities			126				23,904				2,354				1,294				2,923				99
Net Assets		$	3,232,203			$	21,778,154			$	8,309,464			$	1,388,496			$	2,280,614			$	2,116,937
Net Assets:
Accumulation unit values		$	3,232,203			$	21,778,154			$	8,309,464			$	1,388,496			$	2,280,614			$	2,116,937
Total Net Assets		$	3,232,203			$	21,778,154			$	8,309,464			$	1,388,496			$	2,280,614			$	2,116,937
Investments in shares of the Portfolios, at cost			3,669,089				21,777,113				13,097,765				1,412,821				2,581,395				1,987,745

 

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisor Trust, an affiliate of Equitable Financial.

 

Note: Totals may not appear to foot/crossfoot due to rounding.

 

The accompanying notes are an integral part of these financial statements.

 

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

		EQ/JPMorgan Growth Stock Portfolio*				EQ/Value Equity*				Fidelity® VIP Contrafund® Portfolio				Franklin Income VIP Fund				Franklin Rising Dividends VIP Fund				Invesco V.I. Diversified Dividend Fund
Assets:
Investments in shares of the Portfolios, at fair value		$	43,925,431			$	3,004,483			$	17,891,393			$	9,986,765			$	6,042,350			$	476,372
Receivable for shares of the Portfolios sold			37,506				592				2,491				4,458				799				27
Total assets			43,962,937				3,005,075				17,893,884				9,991,223				6,043,149				476,399
Liabilities:
Payable for policy-related transactions			37,506				592				2,491				4,458				799				27
Total liabilities			37,506				592				2,491				4,458				799				27
Net Assets		$	43,925,431			$	3,004,483			$	17,891,393			$	9,986,765			$	6,042,350			$	476,372
Net Assets:
Accumulation unit values		$	43,925,431			$	3,004,483			$	17,891,393			$	9,986,765			$	6,042,350			$	476,372
Total Net Assets		$	43,925,431			$	3,004,483			$	17,891,393			$	9,986,765			$	6,042,350			$	476,372
Investments in shares of the Portfolios, at cost			28,734,128				2,474,951				11,644,483				10,226,152				5,351,094				422,117

 

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisor Trust, an affiliate of Equitable Financial.

 

Note: Totals may not appear to foot/crossfoot due to rounding.

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

		Invesco V.I. Global Core Equity Fund				Invesco V.I. Global Fund				Invesco V.I. Health Care Fund				Invesco V.I. Technology Fund				Janus Henderson Balanced Portfolio				Janus Henderson Enterprise Portfolio
Assets:
Investments in shares of the Portfolios, at fair value		$	403,081			$	5,875,527			$	1,120,217			$	818,355			$	9,172,438			$	10,596,503
Receivable for shares of the Portfolios sold			18				2,256				55				167				4,312				1,968
Total assets			403,099				5,877,783				1,120,272				818,522				9,176,750				10,598,471
Liabilities:
Payable for policy-related transactions			18				2,256				55				167				4,312				1,968
Total liabilities			18				2,256				55				167				4,312				1,968
Net Assets		$	403,081			$	5,875,527			$	1,120,217			$	818,355			$	9,172,438			$	10,596,503
Net Assets:
Accumulation unit values		$	403,081			$	5,875,527			$	1,120,217			$	818,355			$	9,172,438			$	10,596,503
Total Net Assets		$	403,081			$	5,875,527			$	1,120,217			$	818,355			$	9,172,438			$	10,596,503
Investments in shares of the Portfolios, at cost			354,898				5,350,453				1,036,677				823,264				6,253,176				7,863,017

 

Note: Totals may not appear to foot/crossfoot due to rounding.

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

		Janus Henderson Forty Portfolio				Janus Henderson Global Research Portfolio				Janus Henderson Overseas Portfolio				MFS® Utilities Series				PIMCO Global Bond Opportunities Portfolio (Unhedged)				ProFund VP Bear
Assets:
Investments in shares of the Portfolios, at fair value		$	15,124,383			$	5,661,135			$	3,401,760			$	2,230,125			$	2,119,733			$	16,598
Receivable for shares of the Portfolios sold			1,202				3,171				904				1,165				2,754				22
Total assets			15,125,585				5,664,306				3,402,664				2,231,290				2,122,487				16,620
Liabilities:
Payable for policy-related transactions			1,202				3,171				904				1,165				2,754				22
Total liabilities			1,202				3,171				904				1,165				2,754				22
Net Assets		$	15,124,383			$	5,661,135			$	3,401,760			$	2,230,125			$	2,119,733			$	16,598
Net Assets:
Accumulation unit values		$	15,124,383			$	5,661,135			$	3,401,760			$	2,230,125			$	2,119,733			$	16,598
Total Net Assets		$	15,124,383			$	5,661,135			$	3,401,760			$	2,230,125			$	2,119,733			$	16,598
Investments in shares of the Portfolios, at cost			12,494,656				3,539,023				3,080,378				2,010,607				2,732,652				29,934

 

Note: Totals may not appear to foot/crossfoot due to rounding.

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

		ProFund VP Rising Rates Opportunity				ProFund VP Ultrabull
Assets:
Investments in shares of the Portfolios, at fair value		$	143,333			$	1,596,996
Receivable for shares of the Portfolios sold			16,098				187
Total assets			159,431				1,597,183
Liabilities:
Payable for policy-related transactions			16,098				187
Total liabilities			16,098				187
Net Assets		$	143,333			$	1,596,996
Net Assets:
Accumulation unit values		$	143,333			$	1,596,996
Total Net Assets		$	143,333			$	1,596,996
Investments in shares of the Portfolios, at cost			138,042				1,738,069

 

Note: Totals may not appear to foot/crossfoot due to rounding.

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

The following table provides the Portfolio shares held by the Variable Investment Options of the Variable Account.

 

				Portfolio
		Share Class **		Shares Held
1290 VT Equity Income		Class A			46,326
1290 VT Equity Income		Class B			1,623,050
1290 VT GAMCO Mergers & Acquisitions		Class B			106,414
1290 VT GAMCO Small Company Value		Class B			1,210,534
1290 VT Socially Responsible		Class A			61,142
1290 VT Socially Responsible		Class B			23,639
BNY Mellon Stock Index Fund, Inc.		Initial Shares			234,717
EQ/AB Small Cap Growth		Class A			53,072
EQ/Aggressive Allocation		Class B			123,797
EQ/All Asset Growth Allocation		Class B			3,892,303
EQ/Capital Group Research		Class A			665,558
EQ/Conservative Allocation		Class B			141,610
EQ/Conservative-Plus Allocation		Class B			121,602
EQ/Core Bond Index		Class A			940,508
EQ/Core Plus Bond		Class A			312,238
EQ/Global Equity Managed Volatility		Class A			119,040
EQ/Intermediate Government Bond		Class A			373,954
EQ/Janus Enterprise		Class A			285,102
EQ/Large Cap Growth Managed Volatility		Class B			236,973
EQ/Large Cap Value Index		Class A			779,931
EQ/Large Cap Value Managed Volatility		Class A			136,329
EQ/Loomis Sayles Growth Portfolio		Class B			5,215,800
EQ/MFS International Growth		Class B			903,590
EQ/Mid Cap Index		Class A			405,730
EQ/Mid Cap Value Managed Volatility		Class A			547,510
EQ/Moderate Allocation		Class B			481,036
EQ/Moderate-Plus Allocation		Class B			346,513
EQ/Money Market		Class A			21,762,121
EQ/Morgan Stanley Small Cap Growth		Class B			1,150,283
EQ/PIMCO Ultra Short Bond		Class B			142,503
EQ/Quality Bond PLUS		Class B			296,769
EQ/Small Company Index		Class A			191,373
EQ/JPMorgan Growth Stock Portfolio		Class B			782,269
EQ/Value Equity		Class B			136,498
Fidelity® VIP Contrafund® Portfolio		Service Class			370,422
Franklin Income VIP Fund		Class 2			703,293
Franklin Rising Dividends VIP Fund		Class 2			224,372
Invesco V.I. Global Fund		Service Class			165,508
Invesco V.I. Diversified Dividend Fund		Series 1			19,652
Invesco V.I. Global Core Equity Fund		Series 1			41,684
Invesco V.I. Health Care Fund		Series 1			43,235
Invesco V.I. Technology Fund		Series 1			44,235
Janus Henderson Balanced Portfolio		Institutional Shares			202,572
Janus Henderson Enterprise Portfolio		Institutional Shares			138,480
Janus Henderson Forty Portfolio		Institutional Shares			248,742
Janus Henderson Forty Portfolio		Service Shares			78,758
Janus Henderson Global Research Portfolio		Institutional Shares			92,654
Janus Henderson Overseas Portfolio		Service Shares			84,874
MFS® Utilities Series		Initial Class			69,151
PIMCO Global Bond Opportunities Portfolio (Unhedged)		Administrative Class			220,347
ProFund VP Bear		Common Shares			1,153
ProFund VP Rising Rates Opportunity		Common Shares			3,207
ProFund VP UltraBull		Common Shares			53,198

 

**  Share class reflects the share class of the Portfolio in which the units of the Variable Investment Option are invested, as further described in Note 5 of these financial statements.  

 

The accompanying notes are an integral part of these financial statements. 

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

The following table provides units outstanding and unit values associated with the Variable Investment Options of the Variable Account and is further categorized by share class and contract charges.

 

		Contract										Units
		Charges *				Share Class **		Unit Value				Outstanding
1290 VT Equity Income			1.25	%		Class A		$	26.68				8,341
1290 VT Equity Income			1.20	%		Class B		$	34.57				30,874
1290 VT Equity Income			1.35	%		Class B		$	32.47				143,236
1290 VT Equity Income			1.50	%		Class B		$	38.30				129
1290 VT Equity Income			1.70	%		Class B		$	28.93				40,903
1290 VT Equity Income			2.00	%		Class B		$	33.09				168
1290 VT Equity Income			2.35	%		Class B		$	25.09				38,175
1290 VT GAMCO Mergers & Acquisitions			1.20	%		Class B		$	19.28				5,379
1290 VT GAMCO Mergers & Acquisitions			1.35	%		Class B		$	19.33				39,007
1290 VT GAMCO Mergers & Acquisitions			1.70	%		Class B		$	17.97				14,871
1290 VT GAMCO Mergers & Acquisitions			2.35	%		Class B		$	15.11				10,790
1290 VT GAMCO Small Company Value			1.20	%		Class B		$	71.31				72,247
1290 VT GAMCO Small Company Value			1.25	%		Class B		$	361.31				128,608
1290 VT GAMCO Small Company Value			1.35	%		Class B		$	91.17				267,614
1290 VT GAMCO Small Company Value			1.45	%		Class B		$	77.92				171
1290 VT GAMCO Small Company Value			1.50	%		Class B		$	77.10				245
1290 VT GAMCO Small Company Value			1.70	%		Class B		$	63.51				77,484
1290 VT GAMCO Small Company Value			2.00	%		Class B		$	61.18				20
1290 VT GAMCO Small Company Value			2.35	%		Class B		$	55.75				66,420
1290 VT GAMCO Small Company Value			2.80	%		Class B		$	51.87				382
1290 VT Socially Responsible			1.35	%		Class A		$	26.12				46,992
1290 VT Socially Responsible			1.20	%		Class B		$	36.69				5,082
1290 VT Socially Responsible			1.70	%		Class B		$	33.48				5,924
1290 VT Socially Responsible			2.35	%		Class B		$	29.73				2,667
BNY Mellon Stock Index Fund, Inc.			1.35	%		Initial Shares		$	37.18				436,090
EQ/AB Small Cap Growth			1.20	%		Class A		$	34.92				6,212
EQ/AB Small Cap Growth			1.70	%		Class A		$	32.67				9,831
EQ/AB Small Cap Growth			2.35	%		Class A		$	28.89				12,017
EQ/Aggressive Allocation			1.20	%		Class B		$	19.13				17,964
EQ/Aggressive Allocation			1.25	%		Class B		$	18.98				15,072
EQ/Aggressive Allocation			1.35	%		Class B		$	18.66				21,105
EQ/Aggressive Allocation			1.70	%		Class B		$	17.61				2,040
EQ/Aggressive Allocation			2.35	%		Class B		$	15.82				10,193
EQ/All Asset Growth Allocation			1.20	%		Class B		$	20.05				45,834
EQ/All Asset Growth Allocation			1.25	%		Class B		$	105.62				534,683
EQ/All Asset Growth Allocation			1.35	%		Class B		$	18.29				513,213
EQ/All Asset Growth Allocation			1.70	%		Class B		$	18.78				60,345
EQ/All Asset Growth Allocation			2.00	%		Class B		$	20.71				9,733
EQ/All Asset Growth Allocation			2.35	%		Class B		$	16.43				53,993

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

		Contract										Units
		Charges *				Share Class **		Unit Value				Outstanding
EQ/Capital Group Research			1.20	%		Class A		$	54.73				24,696
EQ/Capital Group Research			1.25	%		Class A		$	41.40				22,340
EQ/Capital Group Research			1.35	%		Class A		$	34.13				429,670
EQ/Capital Group Research			1.45	%		Class A		$	53.44				97
EQ/Capital Group Research			1.70	%		Class A		$	47.21				37,655
EQ/Capital Group Research			1.95	%		Class A		$	46.79				258
EQ/Capital Group Research			2.35	%		Class A		$	40.86				24,725
EQ/Capital Group Research			2.80	%		Class A		$	39.26				73
EQ/Conservative Allocation			1.20	%		Class B		$	12.31				4,909
EQ/Conservative Allocation			1.25	%		Class B		$	12.21				26,440
EQ/Conservative Allocation			1.35	%		Class B		$	12.01				54,507
EQ/Conservative Allocation			1.70	%		Class B		$	11.33				10,591
EQ/Conservative-Plus Allocation			1.20	%		Class B		$	14.16				12,941
EQ/Conservative-Plus Allocation			1.25	%		Class B		$	14.05				9,363
EQ/Conservative-Plus Allocation			1.35	%		Class B		$	13.81				41,228
EQ/Conservative-Plus Allocation			1.70	%		Class B		$	13.04				6,916
EQ/Conservative-Plus Allocation			2.35	%		Class B		$	11.71				2,051
EQ/Core Bond Index			1.20	%		Class A		$	13.54				89,793
EQ/Core Bond Index			1.25	%		Class A		$	10.70				195,459
EQ/Core Bond Index			1.35	%		Class A		$	12.74				251,034
EQ/Core Bond Index			1.50	%		Class A		$	11.40				545
EQ/Core Bond Index			1.70	%		Class A		$	12.15				92,630
EQ/Core Bond Index			2.00	%		Class A		$	9.52				444
EQ/Core Bond Index			2.35	%		Class A		$	10.50				89,460
EQ/Core Bond Index			2.80	%		Class A		$	8.07				9,460
EQ/Core Plus Bond			1.20	%		Class A		$	14.00				16,583
EQ/Core Plus Bond			1.50	%		Class A		$	12.95				104
EQ/Core Plus Bond			1.70	%		Class A		$	12.53				27,025
EQ/Core Plus Bond			2.00	%		Class A		$	10.33				208
EQ/Core Plus Bond			2.35	%		Class A		$	10.94				47,314
EQ/Core Plus Bond			2.80	%		Class A		$	8.76				129
EQ/Global Equity Managed Volatility			1.20	%		Class A		$	49.96				9,865
EQ/Global Equity Managed Volatility			1.45	%		Class A		$	61.75				30
EQ/Global Equity Managed Volatility			1.50	%		Class A		$	61.10				108
EQ/Global Equity Managed Volatility			1.70	%		Class A		$	46.58				15,351
EQ/Global Equity Managed Volatility			2.35	%		Class A		$	41.16				16,549
EQ/Global Equity Managed Volatility			2.80	%		Class A		$	42.67				529

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

		Contract										Units
		Charges *				Share Class **		Unit Value				Outstanding
EQ/Intermediate Government Bond			1.20	%		Class A		$	11.48				52,084
EQ/Intermediate Government Bond			1.25	%		Class A		$	16.30				23,128
EQ/Intermediate Government Bond			1.35	%		Class A		$	12.64				107,941
EQ/Intermediate Government Bond			1.50	%		Class A		$	10.40				480
EQ/Intermediate Government Bond			1.70	%		Class A		$	10.31				43,638
EQ/Intermediate Government Bond			1.95	%		Class A		$	9.34				383
EQ/Intermediate Government Bond			2.00	%		Class A		$	9.25				634
EQ/Intermediate Government Bond			2.35	%		Class A		$	8.94				83,384
EQ/Intermediate Government Bond			2.80	%		Class A		$	7.84				554
EQ/Janus Enterprise			1.20	%		Class A		$	28.89				55,437
EQ/Janus Enterprise			1.35	%		Class A		$	47.06				31,201
EQ/Janus Enterprise			1.50	%		Class A		$	46.08				207
EQ/Janus Enterprise			1.70	%		Class A		$	28.76				52,387
EQ/Janus Enterprise			2.35	%		Class A		$	23.12				53,728
EQ/Janus Enterprise			2.80	%		Class A		$	31.48				30
EQ/Large Cap Growth Managed Volatility			1.35	%		Class B		$	41.50				167,024
EQ/Large Cap Value Index			1.20	%		Class A		$	33.01				55,717
EQ/Large Cap Value Index			1.35	%		Class A		$	31.52				73,651
EQ/Large Cap Value Index			1.50	%		Class A		$	38.34				260
EQ/Large Cap Value Index			1.70	%		Class A		$	29.68				67,219
EQ/Large Cap Value Index			1.95	%		Class A		$	31.61				320
EQ/Large Cap Value Index			2.00	%		Class A		$	31.29				238
EQ/Large Cap Value Index			2.35	%		Class A		$	25.08				62,955
EQ/Large Cap Value Index			2.80	%		Class A		$	26.52				860
EQ/Large Cap Value Managed Volatility			1.20	%		Class A		$	23.54				5,239
EQ/Large Cap Value Managed Volatility			1.25	%		Class A		$	138.61				13,250
EQ/Large Cap Value Managed Volatility			1.45	%		Class A		$	30.80				52
EQ/Large Cap Value Managed Volatility			1.70	%		Class A		$	21.21				14,425
EQ/Large Cap Value Managed Volatility			2.35	%		Class A		$	19.19				8,195
EQ/Loomis Sayles Growth Portfolio			1.20	%		Class B		$	49.93				96,042
EQ/Loomis Sayles Growth Portfolio			1.35	%		Class B		$	46.72				900,187
EQ/Loomis Sayles Growth Portfolio			1.45	%		Class B		$	57.31				307
EQ/Loomis Sayles Growth Portfolio			1.50	%		Class B		$	56.70				231
EQ/Loomis Sayles Growth Portfolio			1.70	%		Class B		$	43.74				92,058
EQ/Loomis Sayles Growth Portfolio			2.00	%		Class B		$	50.25				203
EQ/Loomis Sayles Growth Portfolio			2.35	%		Class B		$	38.14				75,497
EQ/Loomis Sayles Growth Portfolio			2.80	%		Class B		$	42.60				96
EQ/MFS International Growth			1.25	%		Class B		$	34.66				112,057
EQ/MFS International Growth			1.35	%		Class B		$	24.28				111,545

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

		Contract										Units
		Charges *				Share Class **		Unit Value				Outstanding
EQ/Mid Cap Index			1.20	%		Class A		$	42.24				36,700
EQ/Mid Cap Index			1.35	%		Class A		$	40.78				22,835
EQ/Mid Cap Index			1.50	%		Class A		$	47.14				620
EQ/Mid Cap Index			1.70	%		Class A		$	37.47				41,350
EQ/Mid Cap Index			2.00	%		Class A		$	38.52				347
EQ/Mid Cap Index			2.35	%		Class A		$	32.88				66,965
EQ/Mid Cap Index			2.80	%		Class A		$	32.66				1,334
EQ/Mid Cap Value Managed Volatility			1.20	%		Class A		$	33.51				45,315
EQ/Mid Cap Value Managed Volatility			1.35	%		Class A		$	32.80				90,983
EQ/Mid Cap Value Managed Volatility			1.45	%		Class A		$	32.33				56
EQ/Mid Cap Value Managed Volatility			1.50	%		Class A		$	32.10				240
EQ/Mid Cap Value Managed Volatility			1.70	%		Class A		$	31.19				81,815
EQ/Mid Cap Value Managed Volatility			2.00	%		Class A		$	29.88				25
EQ/Mid Cap Value Managed Volatility			2.35	%		Class A		$	28.41				64,287
EQ/Mid Cap Value Managed Volatility			2.80	%		Class A		$	26.63				112
EQ/Moderate Allocation			1.20	%		Class B		$	14.81				168,440
EQ/Moderate Allocation			1.25	%		Class B		$	14.69				44,322
EQ/Moderate Allocation			1.35	%		Class B		$	14.45				117,767
EQ/Moderate Allocation			1.70	%		Class B		$	13.63				43,092
EQ/Moderate Allocation			2.35	%		Class B		$	12.24				20,637
EQ/Moderate-Plus Allocation			1.20	%		Class B		$	17.12				13,758
EQ/Moderate-Plus Allocation			1.25	%		Class B		$	16.97				114,153
EQ/Moderate-Plus Allocation			1.35	%		Class B		$	16.70				27,750
EQ/Moderate-Plus Allocation			1.70	%		Class B		$	15.76				29,370
EQ/Moderate-Plus Allocation			2.35	%		Class B		$	14.15				9,395
EQ/Money Market			1.20	%		Class A		$	10.03				412,881
EQ/Money Market			1.25	%		Class A		$	9.94				1,788
EQ/Money Market			1.25	%		Class A		$	9.94				191,820
EQ/Money Market			1.35	%		Class A		$	9.76				1,389,323
EQ/Money Market			1.50	%		Class A		$	9.50				859
EQ/Money Market			1.70	%		Class A		$	9.16				114,934
EQ/Money Market			2.00	%		Class A		$	8.67				537
EQ/Money Market			2.35	%		Class A		$	8.13				133,100
EQ/Money Market			2.80	%		Class A		$	7.49				365
EQ/Morgan Stanley Small Cap Growth			1.20	%		Class B		$	13.90				56,003
EQ/Morgan Stanley Small Cap Growth			1.35	%		Class B		$	13.82				428,650
EQ/Morgan Stanley Small Cap Growth			1.45	%		Class B		$	13.77				733
EQ/Morgan Stanley Small Cap Growth			1.50	%		Class B		$	13.75				192
EQ/Morgan Stanley Small Cap Growth			1.70	%		Class B		$	13.65				60,719
EQ/Morgan Stanley Small Cap Growth			2.00	%		Class B		$	13.50				420
EQ/Morgan Stanley Small Cap Growth			2.35	%		Class B		$	13.33				56,948

 

The accompanying notes are an integral part of these financial statements.

 

 

Equitable America Variable Account A

 

Statement of Assets and Liabilities (Continued)

December 31, 2023

 

		Contract										Units
		Charges *				Share Class **		Unit Value				Outstanding
EQ/PIMCO Ultra Short Bond			1.20	%		Class B		$	12.28				26,206
EQ/PIMCO Ultra Short Bond			1.35	%		Class B		$	11.85				39,663
EQ/PIMCO Ultra Short Bond			1.50	%		Class B		$	11.34				23
EQ/PIMCO Ultra Short Bond			1.70	%		Class B		$	11.06				28,442
EQ/PIMCO Ultra Short Bond			1.95	%		Class B		$	9.63				563
EQ/PIMCO Ultra Short Bond			2.35	%		Class B		$	9.57				28,846
EQ/Quality Bond PLUS			1.25	%		Class B		$	22.07				31,700
EQ/Quality Bond PLUS			1.35	%		Class B		$	14.60				108,316
EQ/Small Company Index			1.20	%		Class A		$	46.19				14,822
EQ/Small Company Index			1.25	%		Class A		$	181.67				1,912
EQ/Small Company Index			1.50	%		Class A		$	46.96				164
EQ/Small Company Index			1.70	%		Class A		$	41.82				15,048
EQ/Small Company Index			2.35	%		Class A		$	36.59				11,985
EQ/Small Company Index			2.80	%		Class A		$	34.51				275
EQ/JPMorgan Growth Stock Portfolio			1.25	%		Class B		$	171.63				185,797
EQ/JPMorgan Growth Stock Portfolio			1.35	%		Class B		$	37.38				322,006
EQ/Value Equity			1.20	%		Class B		$	27.63				29,550
EQ/Value Equity			1.35	%		Class B		$	26.95				36,153
EQ/Value Equity			1.50	%		Class B		$	26.39				487
EQ/Value Equity			1.70	%		Class B		$	25.21				25,197
EQ/Value Equity			1.95	%		Class B		$	24.30				391
EQ/Value Equity			2.35	%		Class B		$	22.38				24,365
EQ/Value Equity			2.80	%		Class B		$	20.79				506
Fidelity® VIP Contrafund® Portfolio			1.35	%		Service Class		$	53.68				333,303
Franklin Income VIP Fund			1.20	%		Class 2		$	30.96				58,003
Franklin Income VIP Fund			1.35	%		Class 2		$	29.96				88,325
Franklin Income VIP Fund			1.50	%		Class 2		$	29.28				304
Franklin Income VIP Fund			1.70	%		Class 2		$	27.45				100,198
Franklin Income VIP Fund			2.35	%		Class 2		$	24.04				115,790
Franklin Income VIP Fund			2.80	%		Class 2		$	22.01				61
Franklin Rising Dividends VIP Fund			1.20	%		Class 2		$	51.98				12,175
Franklin Rising Dividends VIP Fund			1.35	%		Class 2		$	50.49				40,991
Franklin Rising Dividends VIP Fund			1.70	%		Class 2		$	46.54				32,892
Franklin Rising Dividends VIP Fund			2.35	%		Class 2		$	39.54				45,698
Franklin Rising Dividends VIP Fund			2.80	%		Class 2		$	36.88				64

 

The accompanying notes are an integral part of these financial statements.