Variable Annuity Account A
Financial
Statements
Year Ended December 31, 2023
(With Report of Independent Registered Public Accounting Firm Thereon)
Report of Independent Registered Public Accounting Firm
To the Contract Owners of Variable Annuity Account A and the Board of Directors of Protective Life and Annuity Insurance Company:
Opinion on the Financial Statements
We have audited the accompanying statements of assets and liabilities of the subaccounts listed in Appendix A that comprise Variable Annuity Account A (the Separate Account) as of December 31, 2023, the related statements of operations for the year or period then ended, the statements of changes in net assets for each of the years or periods in the two-year period then ended, and the related notes (collectively, the financial statements) and the financial highlights for each of the years or periods in the five-year period then ended. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Separate Account as of December 31, 2023, the results of its operations for the year or period then ended, the changes in its net assets for each of the years or periods in the two-year period then ended, and the financial highlights for each of the years or periods in the five-year period then ended, in conformity with U.S. generally accepted accounting principles.
Basis for Opinion
These financial statements and financial highlights are the responsibility of the Separate Account’s management. Our responsibility is to express an opinion on these financial statements and financial highlights 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 the Separate Account in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits 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 and financial highlights 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 and financial highlights, 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 and financial highlights. Such procedures also included confirmation of securities owned as of December 31, 2023, by correspondence with the underlying mutual funds or their transfer agents; when replies were not received, we performed other auditing procedures. 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 and financial highlights. We believe that our audits provide a reasonable basis for our opinion.
/s/ KPMG LLP |
We have served as the auditor of one or more Protective Life and Annuity Insurance Company Separate Accounts since 2019.
Birmingham, Alabama
April 16, 2024
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Appendix A
The subaccounts that comprise Variable Annuity Account A were audited according to varying periods as defined in the table below:
Subaccount | Statement of Assets and Liabilities | Statement of Operations | Statements of Changes in Net Assets |
AB VPS Discovery Value Portfolio, Class B | Not applicable | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
AB VPS Large Cap Growth Portfolio, Class B | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from January 12, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
AB VPS Small Cap Growth Portfolio, Class B | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
American Funds IS Asset Allocation Fund, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
American Funds IS Capital Income Builder, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
American Funds IS Capital World Growth and Income Fund, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
American Funds IS Global Growth Fund, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
American Funds IS Global Small Capitalization Fund, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
American Funds IS Growth Fund, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
American Funds IS Growth-Income Fund, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
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American Funds IS International Fund, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
American Funds IS New World Fund, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
American Funds IS The Bond Fund of America, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
American Funds IS U.S. Government Securities Fund, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from May 19, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
American Funds IS Washington Mutual Investors Fund, Class 4 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from January 12, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
BlackRock Global Allocation V.I. Fund, Class III | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
ClearBridge Variable Large Cap Growth Portfolio, Class II | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from December 9, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
ClearBridge Variable Mid Cap Portfolio, Class II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
ClearBridge Variable Small Cap Growth Portfolio, Class II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Columbia VP Balanced Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from January 12, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
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Columbia VP Intermediate Bond Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Columbia VP Limited Duration Credit Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from May 31, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Columbia VP Strategic Income Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from July 13, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Dimensional VA Global Bond Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Dimensional VA International Small Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Dimensional VA International Value Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Dimensional VA Short-Term Fixed Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Dimensional VA US Large Value Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Dimensional VA US Targeted Value Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from December 9, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Fidelity VIP Asset Manager Portfolio, Service Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
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Fidelity VIP Balanced Portfolio, Service Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from January 12, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Fidelity VIP Contrafund Portfolio, Service Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Fidelity VIP Equity-Income Portfolio, Service Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Fidelity VIP FundsManager 20% Portfolio, Service Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from May 9, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Fidelity VIP FundsManager 85% Portfolio, Service Class 2 | Not applicable | For the year then ended December 31, 2023 | For the period from December 9, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Fidelity VIP Health Care Portfolio, Service Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from April 29, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Fidelity VIP Index 500 Portfolio, Service Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Fidelity VIP Investment Grade Bond Portfolio, Service Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Fidelity VIP Mid Cap Portfolio, Service Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Franklin DynaTech VIP Fund | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
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Franklin Income VIP Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Franklin Multi-Asset Dynamic Multi-Strategy VIT, Class 2 | Not applicable | Not applicable | For the period from January 1, 2022 to August 31, 2022 (cessation of operation) |
Franklin Mutual Shares VIP Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Franklin Rising Dividends VIP Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Franklin Small Cap Value VIP Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Franklin Small-Mid Cap Growth VIP Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Franklin U.S. Government Securities VIP Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Goldman Sachs VIT Core Fixed Income Fund, Service Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Goldman Sachs VIT International Equity Insights Fund, Institutional Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Goldman Sachs VIT International Equity Insights Fund, Service Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Goldman Sachs VIT Large Cap Value Fund, Service Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Goldman Sachs VIT Mid Cap Growth Fund, Service Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
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Goldman Sachs VIT Mid Cap Value Fund, Service Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Goldman Sachs VIT Small Cap Equity Insights Fund, Institutional Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Goldman Sachs VIT Small Cap Equity Insights Fund, Service Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from April 26, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Goldman Sachs VIT Strategic Growth Fund, Institutional Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Goldman Sachs VIT Strategic Growth Fund, Service Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Goldman Sachs VIT Trend Driven Allocation, Service Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Goldman Sachs VIT U.S. Equity Insights Fund, Service Shares | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. American Franchise Fund, Series I | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. American Value Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Balanced-Risk Allocation Fund Class, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
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Invesco V.I. Capital Appreciation Fund, Series I | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Capital Appreciation Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Comstock Fund, Series I | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Comstock Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Conservative Balanced Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from July 13, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Invesco V.I. Discovery Mid Cap Growth Fund, Series I | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Discovery Mid Cap Growth Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Equity and Income Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. EQV International Equity Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Global Fund, Series I | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Global Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Global Real Estate Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
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Invesco V.I. Global Strategic Income Fund | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Global Strategic Income Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Government Securities Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Growth and Income Fund, Series I | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Growth and Income Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Main Street Fund, Series I | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Main Street Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. Small Cap Equity Fund, Series II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Invesco V.I. U.S. Government Money Portfolio, Series I | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Lord Abbett Series Fund Bond Debenture Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Lord Abbett Series Fund Fundamental Equity Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Lord Abbett Series Fund Growth and Income Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Lord Abbett Series Fund Growth Opportunities Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
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Lord Abbett Series Fund Inc. Dividend Growth Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Lord Abbett Series Fund Mid Cap Stock Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Lord Abbett Series Fund Short Duration Income Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Emerging Markets Equity Portfolio, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Growth Series, Initial Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Growth Series, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS International Intrinsic Value Portfolio, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Investors Trust Series, Initial Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Investors Trust Series, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Massachusetts Investors Growth Stock Portfolio, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS New Discovery Series, Initial Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS New Discovery Series, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Research Series, Initial Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
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MFS Research Series, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Total Return Bond Series, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Total Return Series, Initial Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Total Return Series, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Utilities Series, Initial Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Utilities Series, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
MFS Value Series, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Morgan Stanley VIF Global Real Estate Portfolio, Class II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
PIMCO All Asset Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
PIMCO Global Diversified Allocation Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
PIMCO Long-Term U.S. Government Portfolio, Advisor Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
PIMCO Low Duration Portfolio, Advisor Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
PIMCO Real Return Portfolio, Advisor Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
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PIMCO Short-Term Portfolio, Advisor Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
PIMCO Total Return Portfolio, Advisor Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Protective Life Dynamic Allocation Series Conservative Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Protective Life Dynamic Allocation Series Growth Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Protective Life Dynamic Allocation Series Moderate Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Royce Capital Fund Micro Cap Portfolio, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Royce Capital Fund Small Cap Portfolio, Service Class | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
T. Rowe Price Blue Chip Growth Portfolio, Class II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
T. Rowe Price Health Sciences Portfolio, Class II | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from January 31, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Templeton Developing Markets VIP Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Templeton Foreign VIP Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Templeton Global Bond VIP Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
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Templeton Growth VIP Fund, Class 2 | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Vanguard VIF Capital Growth Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from April 29, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Vanguard VIF Conservative Allocation Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Vanguard VIF Equity Index Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Vanguard VIF Global Bond Index Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Vanguard VIF Growth Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Vanguard VIF International Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Vanguard VIF Mid-Cap Index Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Vanguard VIF Moderate Allocation Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from June 30, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Vanguard VIF Money Market Portfolio | Not applicable | For the period from February 28, 2023 (commencement of operations) to December 31, 2023 | For the period from February 28, 2023 (commencement of operations) to December 31, 2023 |
Vanguard VIF Real Estate Index Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
13
Vanguard VIF Short-Term Investment-Grade Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Vanguard VIF Total Bond Market Index Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
Vanguard VIF Total International Stock Market Index Portfolio | As of December 31, 2023 | For the year then ended December 31, 2023 | For the period from April 29, 2022 (commencement of operations) to December 31, 2022 and the year then ended December 31, 2023 |
Vanguard VIF Total Stock Market Index Portfolio | As of December 31, 2023 | For the period from September 7, 2023 (commencement of operations) to December 31, 2023 | For the period from September 7, 2023 (commencement of operations) to December 31, 2023 |
Western Asset Core Plus VIT Portfolio, Class II | As of December 31, 2023 | For the year then ended December 31, 2023 | For each of the years in the two-year period then ended December 31, 2023 |
14
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
AB VPS Large Cap Growth Portfolio, Class B | AB VPS Small Cap Growth Portfolio, Class B | American Funds IS Asset Allocation Fund, Class 4 | American Funds IS Capital Income Builder, Class 4 | American Funds IS Capital World Growth and Income Fund, Class 4 | American Funds IS Global Growth Fund, Class 4 | American Funds IS Global Small Capitalization Fund, Class 4 | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 179,154 | $ | 87,327 | $ | 843,889 | $ | 139,403 | $ | 51,675 | $ | 244,050 | $ | 12,052 | ||||||||||||||
Receivable from the Contracts | 6 | 1 | 89 | 5 | 2 | 25 | - | |||||||||||||||||||||
Total assets | 179,160 | 87,328 | 843,978 | 139,408 | 51,677 | 244,075 | 12,052 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 6 | 1 | 89 | 5 | 2 | 25 | - | |||||||||||||||||||||
Payable to the Company | 6 | 1 | 13 | 3 | 1 | 6 | - | |||||||||||||||||||||
Total liabilities | 12 | 2 | 102 | 8 | 3 | 31 | - | |||||||||||||||||||||
NET ASSETS | $ | 179,148 | $ | 87,326 | $ | 843,876 | $ | 139,400 | $ | 51,674 | $ | 244,044 | $ | 12,052 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 179,148 | $ | 87,326 | $ | 843,876 | $ | 139,400 | $ | 51,674 | $ | 244,044 | $ | 12,052 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 179,148 | $ | 87,326 | $ | 843,876 | $ | 139,400 | $ | 51,674 | $ | 244,044 | $ | 12,052 | ||||||||||||||
Fair value per share (NAV) | $ | 66.96 | $ | 7.97 | $ | 23.34 | $ | 11.60 | $ | 13.46 | $ | 33.08 | $ | 17.46 | ||||||||||||||
Shares outstanding in the Separate Account | 2,676 | 10,957 | 36,156 | 12,017 | 3,839 | 7,378 | 690 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 173,138 | $ | 74,506 | $ | 828,434 | $ | 141,310 | $ | 52,832 | $ | 190,723 | $ | 14,475 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
15
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
American Funds IS Growth Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 | American Funds IS International Fund, Class 4 | American Funds IS New World Fund, Class 4 | American Funds IS The Bond Fund of America, Class 4 | American Funds IS U.S. Government Securities Fund, Class 4 | American Funds IS Washington Mutual Investors Fund, Class 4 | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 201,377 | $ | 40,935 | $ | 22,202 | $ | 239,408 | $ | 112,213 | $ | 111,143 | $ | 335,121 | ||||||||||||||
Receivable from the Contracts | 7 | 24 | 1 | 3 | 49 | 21 | 38 | |||||||||||||||||||||
Total assets | 201,384 | 40,959 | 22,203 | 239,411 | 112,262 | 111,164 | 335,159 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 7 | 24 | 1 | 3 | 49 | 21 | 38 | |||||||||||||||||||||
Payable to the Company | 7 | 1 | - | 1 | 1 | 1 | 8 | |||||||||||||||||||||
Total liabilities | 14 | 25 | 1 | 4 | 50 | 22 | 46 | |||||||||||||||||||||
NET ASSETS | $ | 201,370 | $ | 40,934 | $ | 22,202 | $ | 239,407 | $ | 112,212 | $ | 111,142 | $ | 335,113 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 201,370 | $ | 40,934 | $ | 22,202 | $ | 239,407 | $ | 112,212 | $ | 111,142 | $ | 335,113 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 201,370 | $ | 40,934 | $ | 22,202 | $ | 239,407 | $ | 112,212 | $ | 111,142 | $ | 335,113 | ||||||||||||||
Fair value per share (NAV) | $ | 95.70 | $ | 57.34 | $ | 17.13 | $ | 24.95 | $ | 9.35 | $ | 9.77 | $ | 14.06 | ||||||||||||||
Shares outstanding in the Separate Account | 2,104 | 714 | 1,296 | 9,596 | 12,001 | 11,376 | 23,835 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 158,662 | $ | 35,881 | $ | 28,526 | $ | 212,246 | $ | 132,029 | $ | 120,617 | $ | 324,472 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
16
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | BlackRock Global Allocation V.I. Fund, Class III | ClearBridge Variable Large Cap Growth Portfolio, Class II | ClearBridge Variable Mid Cap Portfolio, Class II | ClearBridge Variable Small Cap Growth Portfolio, Class II | Columbia VP Balanced Fund, Class 2 | Columbia VP Intermediate Bond Fund, Class 2 | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 271,652 | $ | 39,253 | $ | 3,848 | $ | 789,357 | $ | 252,439 | $ | 403,099 | $ | 225,714 | ||||||||||||||
Receivable from the Contracts | 35 | 7 | - | 46 | 9 | 91 | 8 | |||||||||||||||||||||
Total assets | 271,687 | 39,260 | 3,848 | 789,403 | 252,448 | 403,190 | 225,722 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 35 | 7 | - | 46 | 9 | 91 | 8 | |||||||||||||||||||||
Payable to the Company | 5 | 1 | - | 11 | 6 | 9 | 3 | |||||||||||||||||||||
Total liabilities | 40 | 8 | - | 57 | 15 | 100 | 11 | |||||||||||||||||||||
NET ASSETS | $ | 271,647 | $ | 39,252 | $ | 3,848 | $ | 789,346 | $ | 252,433 | $ | 403,090 | $ | 225,711 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 271,647 | $ | 39,252 | $ | 3,848 | $ | 789,346 | $ | 252,433 | $ | 403,090 | $ | 225,711 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 271,647 | $ | 39,252 | $ | 3,848 | $ | 789,346 | $ | 252,433 | $ | 403,090 | $ | 225,711 | ||||||||||||||
Fair value per share (NAV) | $ | 13.15 | $ | 13.03 | $ | 38.07 | $ | 22.57 | $ | 25.29 | $ | 41.67 | $ | 8.55 | ||||||||||||||
Shares outstanding in the Separate Account | 20,658 | 3,013 | 101 | 34,974 | 9,982 | 9,674 | 26,399 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 256,649 | $ | 42,553 | $ | 2,795 | $ | 680,064 | $ | 228,363 | $ | 361,171 | $ | 248,761 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
17
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Columbia VP Limited Duration Credit Fund, Class 2 | Columbia VP Strategic Income Fund, Class 2 | Dimensional VA Global Bond Portfolio | Dimensional VA International Small Portfolio | Dimensional VA International Value Portfolio | Dimensional VA Short-Term Fixed Portfolio | Dimensional VA US Large Value Portfolio | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 14,680 | $ | 8,077 | $ | 35,100 | $ | 89,429 | $ | 205,702 | $ | 82,818 | $ | 332,270 | ||||||||||||||
Receivable from the Contracts | 1 | - | 4 | 1 | 18 | 5 | 26 | |||||||||||||||||||||
Total assets | 14,681 | 8,077 | 35,104 | 89,430 | 205,720 | 82,823 | 332,296 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 1 | - | 4 | 1 | 18 | 5 | 26 | |||||||||||||||||||||
Payable to the Company | - | - | - | 1 | 1 | - | 2 | |||||||||||||||||||||
Total liabilities | 1 | - | 4 | 2 | 19 | 5 | 28 | |||||||||||||||||||||
NET ASSETS | $ | 14,680 | $ | 8,077 | $ | 35,100 | $ | 89,428 | $ | 205,701 | $ | 82,818 | $ | 332,268 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 14,680 | $ | 8,077 | $ | 35,100 | $ | 89,428 | $ | 205,701 | $ | 82,818 | $ | 332,268 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 14,680 | $ | 8,077 | $ | 35,100 | $ | 89,428 | $ | 205,701 | $ | 82,818 | $ | 332,268 | ||||||||||||||
Fair value per share (NAV) | $ | 9.43 | $ | 3.65 | $ | 9.71 | $ | 11.88 | $ | 13.61 | $ | 10.03 | $ | 32.54 | ||||||||||||||
Shares outstanding in the Separate Account | 1,557 | 2,213 | 3,615 | 7,528 | 15,114 | 8,257 | 10,211 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 14,179 | $ | 8,260 | $ | 37,084 | $ | 86,851 | $ | 203,553 | $ | 83,913 | $ | 332,746 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
18
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Dimensional VA US Targeted Value Portfolio | Fidelity VIP Asset Manager Portfolio, Service Class 2 | Fidelity VIP Balanced Portfolio, Service Class 2 | Fidelity VIP Contrafund Portfolio, Service Class 2 | Fidelity VIP Equity-Income Portfolio, Service Class 2 | Fidelity VIP FundsManager 20% Portfolio, Service Class 2 | Fidelity VIP Health Care Portfolio, Service Class 2 | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 569,543 | $ | 3,011 | $ | 706,427 | $ | 5,067,707 | $ | 5 | $ | 4,082 | $ | 66,810 | ||||||||||||||
Receivable from the Contracts | 5 | - | 101 | 21,458 | - | - | 5 | |||||||||||||||||||||
Total assets | 569,548 | 3,011 | 706,528 | 5,089,165 | 5 | 4,082 | 66,815 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 5 | - | 101 | 21,458 | - | - | 5 | |||||||||||||||||||||
Payable to the Company | 3 | - | 15 | 125 | 2 | - | 2 | |||||||||||||||||||||
Total liabilities | 8 | - | 116 | 21,583 | 2 | - | 7 | |||||||||||||||||||||
NET ASSETS | $ | 569,540 | $ | 3,011 | $ | 706,412 | $ | 5,067,582 | $ | 3 | $ | 4,082 | $ | 66,808 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 569,540 | $ | 3,011 | $ | 706,412 | $ | 5,067,582 | $ | 3 | $ | 4,082 | $ | 66,808 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 569,540 | $ | 3,011 | $ | 706,412 | $ | 5,067,582 | $ | 3 | $ | 4,082 | $ | 66,808 | ||||||||||||||
Fair value per share (NAV) | $ | 22.60 | $ | 15.14 | $ | 21.54 | $ | 46.83 | $ | 23.91 | $ | 10.43 | $ | 33.96 | ||||||||||||||
Shares outstanding in the Separate Account | 25,201 | 199 | 32,796 | 108,215 | 0 | * | 391 | 1,967 | ||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 519,724 | $ | 3,558 | $ | 658,418 | $ | 3,429,922 | $ | 4 | $ | 4,006 | $ | 64,286 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
19
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Fidelity VIP Index 500 Portfolio, Service Class 2 | Fidelity VIP Investment Grade Bond Portfolio, Service Class 2 | Fidelity VIP Mid Cap Portfolio, Service Class 2 | Franklin DynaTech VIP Fund | Franklin Income VIP Fund, Class 2 | Franklin Mutual Shares VIP Fund, Class 2 | Franklin Rising Dividends VIP Fund, Class 2 | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 7,078,259 | $ | 4,199,622 | $ | 2,947,766 | $ | 650,867 | $ | 2,931,006 | $ | 2,842,770 | $ | 3,830,817 | ||||||||||||||
Receivable from the Contracts | 695 | 10,371 | 261 | 28 | 268 | 243 | 28,974 | |||||||||||||||||||||
Total assets | 7,078,954 | 4,209,993 | 2,948,027 | 650,895 | 2,931,274 | 2,843,013 | 3,859,791 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 695 | 10,371 | 261 | 28 | 268 | 243 | 28,974 | |||||||||||||||||||||
Payable to the Company | 160 | 48 | 59 | 31 | 17 | 57 | 66 | |||||||||||||||||||||
Total liabilities | 855 | 10,419 | 320 | 59 | 285 | 300 | 29,040 | |||||||||||||||||||||
NET ASSETS | $ | 7,078,099 | $ | 4,199,574 | $ | 2,947,707 | $ | 650,836 | $ | 2,930,989 | $ | 2,842,713 | $ | 3,830,751 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 7,078,099 | $ | 4,199,574 | $ | 2,947,707 | $ | 650,836 | $ | 2,930,989 | $ | 2,842,713 | $ | 3,830,751 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 7,078,099 | $ | 4,199,574 | $ | 2,947,707 | $ | 650,836 | $ | 2,930,989 | $ | 2,842,713 | $ | 3,830,751 | ||||||||||||||
Fair value per share (NAV) | $ | 455.28 | $ | 10.82 | $ | 34.69 | $ | 4.27 | $ | 14.20 | $ | 15.33 | $ | 26.93 | ||||||||||||||
Shares outstanding in the Separate Account | 15,547 | 388,135 | 84,975 | 152,428 | 206,409 | 185,438 | 142,251 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 4,236,926 | $ | 4,949,956 | $ | 2,711,192 | $ | 630,259 | $ | 2,877,943 | $ | 2,781,850 | $ | 3,325,271 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
20
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Franklin Small Cap Value VIP Fund, Class 2 | Franklin Small-Mid Cap Growth VIP Fund, Class 2 | Franklin U.S. Government Securities VIP Fund, Class 2 | Goldman Sachs VIT Core Fixed Income Fund, Service Shares | Goldman Sachs VIT International Equity Insights Fund, Institutional Shares | Goldman Sachs VIT International Equity Insights Fund, Service Shares | Goldman Sachs VIT Large Cap Value Fund, Service Shares | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 556,937 | $ | 955,267 | $ | 2,631,770 | $ | 360,158 | $ | 2,709 | $ | 415,739 | $ | 646,210 | ||||||||||||||
Receivable from the Contracts | 22 | 102 | 288 | 12 | - | 22 | 25 | |||||||||||||||||||||
Total assets | 556,959 | 955,369 | 2,632,058 | 360,170 | 2,709 | 415,761 | 646,235 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 22 | 102 | 288 | 12 | - | 22 | 25 | |||||||||||||||||||||
Payable to the Company | 8 | 38 | 28 | 4 | - | 10 | 20 | |||||||||||||||||||||
Total liabilities | 30 | 140 | 316 | 16 | - | 32 | 45 | |||||||||||||||||||||
NET ASSETS | $ | 556,929 | $ | 955,229 | $ | 2,631,742 | $ | 360,154 | $ | 2,709 | $ | 415,729 | $ | 646,190 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 556,929 | $ | 955,229 | $ | 2,631,742 | $ | 360,154 | $ | 2,709 | $ | 415,729 | $ | 646,190 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 556,929 | $ | 955,229 | $ | 2,631,742 | $ | 360,154 | $ | 2,709 | $ | 415,729 | $ | 646,190 | ||||||||||||||
Fair value per share (NAV) | $ | 13.27 | $ | 13.32 | $ | 10.36 | $ | 9.67 | $ | 8.85 | $ | 8.90 | $ | 8.44 | ||||||||||||||
Shares outstanding in the Separate Account | 41,970 | 71,717 | 254,032 | 37,245 | 306 | 46,712 | 76,565 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 607,516 | $ | 1,040,282 | $ | 3,288,512 | $ | 398,608 | $ | 3,876 | $ | 391,422 | $ | 739,817 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
21
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Goldman Sachs VIT Mid Cap Growth Fund, Service Shares | Goldman Sachs VIT Mid Cap Value Fund, Service Shares | Goldman Sachs VIT Small Cap Equity Insights Fund, Institutional Shares | Goldman Sachs VIT Small Cap Equity Insights Fund, Service Shares | Goldman Sachs VIT Strategic Growth Fund, Institutional Shares | Goldman Sachs VIT Strategic Growth Fund, Service Shares | Goldman Sachs VIT Trend Driven Allocation, Service Shares | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 301,631 | $ | 1,623,454 | $ | 18,743 | $ | 19,159 | $ | 66,797 | $ | 3,079,431 | $ | 273,195 | ||||||||||||||
Receivable from the Contracts | 12 | 172 | 1 | - | 3 | 203 | 10 | |||||||||||||||||||||
Total assets | 301,643 | 1,623,626 | 18,744 | 19,159 | 66,800 | 3,079,634 | 273,205 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 12 | 172 | 1 | - | 3 | 203 | 10 | |||||||||||||||||||||
Payable to the Company | 10 | 35 | 1 | - | 2 | 97 | 5 | |||||||||||||||||||||
Total liabilities | 22 | 207 | 2 | - | 5 | 300 | 15 | |||||||||||||||||||||
NET ASSETS | $ | 301,621 | $ | 1,623,419 | $ | 18,742 | $ | 19,159 | $ | 66,795 | $ | 3,079,334 | $ | 273,190 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 301,621 | $ | 1,623,419 | $ | 18,742 | $ | 19,159 | $ | 66,795 | $ | 3,079,334 | $ | 273,190 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 301,621 | $ | 1,623,419 | $ | 18,742 | $ | 19,159 | $ | 66,795 | $ | 3,079,334 | $ | 273,190 | ||||||||||||||
Fair value per share (NAV) | $ | 10.21 | $ | 16.21 | $ | 12.28 | $ | 12.12 | $ | 12.54 | $ | 12.40 | $ | 11.35 | ||||||||||||||
Shares outstanding in the Separate Account | 29,543 | 100,151 | 1,526 | 1,581 | 5,327 | 248,341 | 24,070 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 335,172 | $ | 1,502,989 | $ | 17,279 | $ | 17,377 | $ | 58,580 | $ | 2,709,033 | $ | 274,548 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
22
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Shares | Goldman Sachs VIT U.S. Equity Insights Fund, Service Shares | Invesco V.I. American Franchise Fund, Series I | Invesco V.I. American Value Fund, Series II | Invesco V.I. Balanced-Risk Allocation Fund Class, Series II | Invesco V.I. Capital Appreciation Fund, Series I | Invesco V.I. Capital Appreciation Fund, Series II | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 81,577 | $ | 17,180 | $ | 62,919 | $ | 283,960 | $ | 5,647,732 | $ | 109,460 | $ | 421,885 | ||||||||||||||
Receivable from the Contracts | 3 | 1 | 2 | 11 | 609 | 4 | 21 | |||||||||||||||||||||
Total assets | 81,580 | 17,181 | 62,921 | 283,971 | 5,648,341 | 109,464 | 421,906 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 3 | 1 | 2 | 11 | 609 | 4 | 21 | |||||||||||||||||||||
Payable to the Company | 3 | 1 | 2 | 6 | 25 | 4 | 14 | |||||||||||||||||||||
Total liabilities | 6 | 2 | 4 | 17 | 634 | 8 | 35 | |||||||||||||||||||||
NET ASSETS | $ | 81,574 | $ | 17,179 | $ | 62,917 | $ | 283,954 | $ | 5,647,707 | $ | 109,456 | $ | 421,871 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 81,574 | $ | 17,179 | $ | 62,917 | $ | 283,954 | $ | 5,647,707 | $ | 109,456 | $ | 421,871 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 81,574 | $ | 17,179 | $ | 62,917 | $ | 283,954 | $ | 5,647,707 | $ | 109,456 | $ | 421,871 | ||||||||||||||
Fair value per share (NAV) | $ | 19.53 | $ | 19.71 | $ | 58.96 | $ | 13.73 | $ | 8.48 | $ | 47.07 | $ | 44.64 | ||||||||||||||
Shares outstanding in the Separate Account | 4,177 | 872 | 1,067 | 20,682 | 666,006 | 2,325 | 9,451 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 65,159 | $ | 8,343 | $ | 55,939 | $ | 290,287 | $ | 8,146,200 | $ | 87,688 | $ | 355,436 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
23
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Comstock Fund, Series I | Invesco V.I. Comstock Fund, Series II | Invesco V.I. Conservative Balanced Fund, Series II | Invesco V.I. Discovery Mid Cap Growth Fund, Series I | Invesco V.I. Discovery Mid Cap Growth Fund, Series II | Invesco V.I. Equity and Income Fund, Series II | Invesco V.I. EQV International Equity Fund, Series II | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 84,330 | $ | 968,263 | $ | 16,251 | $ | 46,223 | $ | 266,840 | $ | 1,710,270 | $ | 228,508 | ||||||||||||||
Receivable from the Contracts | 3 | 41 | 1 | 2 | 11 | 104 | 8 | |||||||||||||||||||||
Total assets | 84,333 | 968,304 | 16,252 | 46,225 | 266,851 | 1,710,374 | 228,516 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 3 | 41 | 1 | 2 | 11 | 104 | 8 | |||||||||||||||||||||
Payable to the Company | 2 | 12 | - | 2 | 6 | 25 | 37 | |||||||||||||||||||||
Total liabilities | 5 | 53 | 1 | 4 | 17 | 129 | 45 | |||||||||||||||||||||
NET ASSETS | $ | 84,328 | $ | 968,251 | $ | 16,251 | $ | 46,221 | $ | 266,834 | $ | 1,710,245 | $ | 228,471 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 84,328 | $ | 968,251 | $ | 16,251 | $ | 46,221 | $ | 266,834 | $ | 1,710,245 | $ | 228,471 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 84,328 | $ | 968,251 | $ | 16,251 | $ | 46,221 | $ | 266,834 | $ | 1,710,245 | $ | 228,471 | ||||||||||||||
Fair value per share (NAV) | $ | 19.67 | $ | 19.58 | $ | 15.09 | $ | 62.81 | $ | 54.01 | $ | 16.36 | $ | 33.47 | ||||||||||||||
Shares outstanding in the Separate Account | 4,287 | 49,452 | 1,077 | 736 | 4,941 | 104,540 | 6,827 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 53,215 | $ | 889,207 | $ | 16,274 | $ | 39,993 | $ | 285,608 | $ | 1,619,823 | $ | 226,725 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
24
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Global Fund, Series I | Invesco V.I. Global Fund, Series II | Invesco V.I. Global Real Estate Fund, Series II | Invesco V.I. Global Strategic Income Fund | Invesco V.I. Global Strategic Income Fund, Series II | Invesco V.I. Government Securities Fund, Series II | Invesco V.I. Growth and Income Fund, Series I | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 64,796 | $ | 2,086,615 | $ | 269,031 | $ | 8,040 | $ | 3,496,149 | $ | 581,741 | $ | 25,613 | ||||||||||||||
Receivable from the Contracts | 3 | 163 | 9,798 | - | 287 | 68 | 1 | |||||||||||||||||||||
Total assets | 64,799 | 2,086,778 | 278,829 | 8,040 | 3,496,436 | 581,809 | 25,614 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 3 | 163 | 9,798 | - | 287 | 68 | 1 | |||||||||||||||||||||
Payable to the Company | 2 | 66 | 1 | - | 67 | 9 | 1 | |||||||||||||||||||||
Total liabilities | 5 | 229 | 9,799 | - | 354 | 77 | 2 | |||||||||||||||||||||
NET ASSETS | $ | 64,794 | $ | 2,086,549 | $ | 269,030 | $ | 8,040 | $ | 3,496,082 | $ | 581,732 | $ | 25,612 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 64,794 | $ | 2,086,549 | $ | 269,030 | $ | 8,040 | $ | 3,496,082 | $ | 581,732 | $ | 25,612 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 64,794 | $ | 2,086,549 | $ | 269,030 | $ | 8,040 | $ | 3,496,082 | $ | 581,732 | $ | 25,612 | ||||||||||||||
Fair value per share (NAV) | $ | 36.56 | $ | 35.50 | $ | 13.65 | $ | 4.29 | $ | 4.42 | $ | 10.23 | $ | 18.86 | ||||||||||||||
Shares outstanding in the Separate Account | 1,772 | 58,778 | 19,709 | 1,874 | 790,984 | 56,866 | 1,358 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 49,449 | $ | 1,852,683 | $ | 261,241 | $ | 9,474 | $ | 4,428,725 | $ | 645,832 | $ | 23,544 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
25
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Growth and Income Fund, Series II | Invesco V.I. Main Street Fund, Series I | Invesco V.I. Main Street Fund, Series II | Invesco V.I. Small Cap Equity Fund, Series II | Invesco V.I. U.S. Government Money Portfolio, Series I | Lord Abbett Series Fund Bond Debenture Portfolio | Lord Abbett Series Fund Fundamental Equity Portfolio | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 3,961,313 | $ | 36,261 | $ | 862,746 | $ | 85,039 | $ | 7,786,342 | $ | 4,596,127 | $ | 1,839,700 | ||||||||||||||
Receivable from the Contracts | 335 | 1 | 42 | 3 | 9,982 | 364 | 144 | |||||||||||||||||||||
Total assets | 3,961,648 | 36,262 | 862,788 | 85,042 | 7,796,324 | 4,596,491 | 1,839,844 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 335 | 1 | 42 | 3 | 9,982 | 364 | 144 | |||||||||||||||||||||
Payable to the Company | 64 | 1 | 23 | - | - | 63 | 32 | |||||||||||||||||||||
Total liabilities | 399 | 2 | 65 | 3 | 9,982 | 427 | 176 | |||||||||||||||||||||
NET ASSETS | $ | 3,961,249 | $ | 36,260 | $ | 862,723 | $ | 85,039 | $ | 7,786,342 | $ | 4,596,064 | $ | 1,839,668 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 3,961,249 | $ | 36,260 | $ | 862,723 | $ | 85,039 | $ | 7,786,342 | $ | 4,596,064 | $ | 1,839,668 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 3,961,249 | $ | 36,260 | $ | 862,723 | $ | 85,039 | $ | 7,786,342 | $ | 4,596,064 | $ | 1,839,668 | ||||||||||||||
Fair value per share (NAV) | $ | 18.87 | $ | 18.22 | $ | 17.77 | $ | 15.49 | $ | 1.00 | $ | 10.32 | $ | 16.79 | ||||||||||||||
Shares outstanding in the Separate Account | 209,927 | 1,990 | 48,551 | 5,490 | 7,786,342 | 445,361 | 109,571 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 3,771,701 | $ | 37,943 | $ | 957,540 | $ | 86,129 | $ | 7,786,342 | $ | 5,432,165 | $ | 1,826,829 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
26
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Lord Abbett Series Fund Growth and Income Portfolio | Lord Abbett Series Fund Growth Opportunities Portfolio | Lord Abbett Series Fund Inc. Dividend Growth Portfolio | Lord Abbett Series Fund Mid Cap Stock Portfolio | Lord Abbett Series Fund Short Duration Income Portfolio | MFS Emerging Markets Equity Portfolio, Service Class | MFS Growth Series, Initial Class | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 264,782 | $ | 567,841 | $ | 550,943 | $ | 177,786 | $ | 21,910 | $ | 4,314 | $ | 89,357 | ||||||||||||||
Receivable from the Contracts | 21 | 43 | 21 | 7 | 1 | - | 3 | |||||||||||||||||||||
Total assets | 264,803 | 567,884 | 550,964 | 177,793 | 21,911 | 4,314 | 89,360 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 21 | 43 | 21 | 7 | 1 | - | 3 | |||||||||||||||||||||
Payable to the Company | 8 | 10 | 12 | 5 | - | - | 3 | |||||||||||||||||||||
Total liabilities | 29 | 53 | 33 | 12 | 1 | - | 6 | |||||||||||||||||||||
NET ASSETS | $ | 264,774 | $ | 567,831 | $ | 550,931 | $ | 177,781 | $ | 21,910 | $ | 4,314 | $ | 89,354 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 264,774 | $ | 567,831 | $ | 550,931 | $ | 177,781 | $ | 21,910 | $ | 4,314 | $ | 89,354 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 264,774 | $ | 567,831 | $ | 550,931 | $ | 177,781 | $ | 21,910 | $ | 4,314 | $ | 89,354 | ||||||||||||||
Fair value per share (NAV) | $ | 36.06 | $ | 8.92 | $ | 16.21 | $ | 25.79 | $ | 13.03 | $ | 12.24 | $ | 60.29 | ||||||||||||||
Shares outstanding in the Separate Account | 7,343 | 63,659 | 33,988 | 6,894 | 1,681 | 352 | 1,482 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 178,612 | $ | 661,221 | $ | 527,814 | $ | 138,527 | $ | 23,416 | $ | 4,949 | $ | 42,941 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
27
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
MFS Growth Series, Service Class | MFS International Intrinsic Value Portfolio, Service Class | MFS Investors Trust Series, Initial Class | MFS Investors Trust Series, Service Class | MFS Massachusetts Investors Growth Stock Portfolio, Service Class | MFS New Discovery Series, Initial Class | MFS New Discovery Series, Service Class | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 759,708 | $ | 15,001 | $ | 69,361 | $ | 338,530 | $ | 95,681 | $ | 9,791 | $ | 513,399 | ||||||||||||||
Receivable from the Contracts | 28 | 1 | 3 | 13 | 4 | - | 22 | |||||||||||||||||||||
Total assets | 759,736 | 15,002 | 69,364 | 338,543 | 95,685 | 9,791 | 513,421 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 28 | 1 | 3 | 13 | 4 | - | 22 | |||||||||||||||||||||
Payable to the Company | 21 | - | 2 | 11 | 4 | - | 18 | |||||||||||||||||||||
Total liabilities | 49 | 1 | 5 | 24 | 8 | - | 40 | |||||||||||||||||||||
NET ASSETS | $ | 759,687 | $ | 15,001 | $ | 69,359 | $ | 338,519 | $ | 95,677 | $ | 9,791 | $ | 513,381 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 759,687 | $ | 15,001 | $ | 69,359 | $ | 338,519 | $ | 95,677 | $ | 9,791 | $ | 513,381 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 759,687 | $ | 15,001 | $ | 69,359 | $ | 338,519 | $ | 95,677 | $ | 9,791 | $ | 513,381 | ||||||||||||||
Fair value per share (NAV) | $ | 55.68 | $ | 28.83 | $ | 35.99 | $ | 35.28 | $ | 22.10 | $ | 12.94 | $ | 10.10 | ||||||||||||||
Shares outstanding in the Separate Account | 13,644 | 520 | 1,927 | 9,596 | 4,330 | 757 | 50,832 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 506,038 | $ | 8,771 | $ | 40,902 | $ | 189,028 | $ | 77,614 | $ | 10,666 | $ | 753,616 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
28
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
MFS Research Series, Initial Class | MFS Research Series, Service Class | MFS Total Return Bond Series, Service Class | MFS Total Return Series, Initial Class | MFS Total Return Series, Service Class | MFS Utilities Series, Initial Class | MFS Utilities Series, Service Class | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 36,508 | $ | 47,908 | $ | 982,321 | $ | 57,729 | $ | 188,805 | $ | 5,182 | $ | 194,032 | ||||||||||||||
Receivable from the Contracts | 1 | 2 | 76 | 2 | 8 | - | 55 | |||||||||||||||||||||
Total assets | 36,509 | 47,910 | 982,397 | 57,731 | 188,813 | 5,182 | 194,087 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 1 | 2 | 76 | 2 | 8 | - | 55 | |||||||||||||||||||||
Payable to the Company | 1 | 1 | 13 | 1 | 4 | - | 7 | |||||||||||||||||||||
Total liabilities | 2 | 3 | 89 | 3 | 12 | - | 62 | |||||||||||||||||||||
NET ASSETS | $ | 36,507 | $ | 47,907 | $ | 982,308 | $ | 57,728 | $ | 188,801 | $ | 5,182 | $ | 194,025 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 36,507 | $ | 47,907 | $ | 982,308 | $ | 57,728 | $ | 188,801 | $ | 5,182 | $ | 194,025 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 36,507 | $ | 47,907 | $ | 982,308 | $ | 57,728 | $ | 188,801 | $ | 5,182 | $ | 194,025 | ||||||||||||||
Fair value per share (NAV) | $ | 31.97 | $ | 31.32 | $ | 11.47 | $ | 23.26 | $ | 22.68 | $ | 32.25 | $ | 31.54 | ||||||||||||||
Shares outstanding in the Separate Account | 1,142 | 1,530 | 85,643 | 2,482 | 8,325 | 161 | 6,152 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 25,634 | $ | 41,903 | $ | 1,113,008 | $ | 47,231 | $ | 150,488 | $ | 3,745 | $ | 151,864 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
29
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
MFS Value Series, Service Class | Morgan Stanley VIF Global Real Estate Portfolio, Class II | PIMCO All Asset Portfolio | PIMCO Global Diversified Allocation Portfolio | PIMCO Long-Term U.S. Government Portfolio, Advisor Class | PIMCO Low Duration Portfolio, Advisor Class | PIMCO Real Return Portfolio, Advisor Class | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 382,078 | $ | 249,998 | $ | 177,888 | $ | 970,246 | $ | 899,730 | $ | 1,270,803 | $ | 3,293,445 | ||||||||||||||
Receivable from the Contracts | 24 | 10 | 7 | 42 | 61 | 10,024 | 9,971 | |||||||||||||||||||||
Total assets | 382,102 | 250,008 | 177,895 | 970,288 | 899,791 | 1,280,827 | 3,303,416 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 24 | 10 | 7 | 42 | 61 | 10,024 | 9,971 | |||||||||||||||||||||
Payable to the Company | 11 | 11 | - | 19 | 17 | 6 | 16 | |||||||||||||||||||||
Total liabilities | 35 | 21 | 7 | 61 | 78 | 10,030 | 9,987 | |||||||||||||||||||||
NET ASSETS | $ | 382,067 | $ | 249,987 | $ | 177,888 | $ | 970,227 | $ | 899,713 | $ | 1,270,797 | $ | 3,293,429 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 382,067 | $ | 249,987 | $ | 177,888 | $ | 970,227 | $ | 899,713 | $ | 1,270,797 | $ | 3,293,429 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 382,067 | $ | 249,987 | $ | 177,888 | $ | 970,227 | $ | 899,713 | $ | 1,270,797 | $ | 3,293,429 | ||||||||||||||
Fair value per share (NAV) | $ | 20.71 | $ | 7.54 | $ | 9.20 | $ | 6.15 | $ | 7.95 | $ | 9.60 | $ | 11.57 | ||||||||||||||
Shares outstanding in the Separate Account | 18,449 | 33,156 | 19,336 | 157,764 | 113,174 | 132,375 | 284,654 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 241,898 | $ | 277,144 | $ | 175,570 | $ | 1,041,168 | $ | 1,440,473 | $ | 1,388,618 | $ | 3,992,627 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
30
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
PIMCO Short-Term Portfolio, Advisor Class | PIMCO Total Return Portfolio, Advisor Class | Protective Life Dynamic Allocation Series Conservative Portfolio | Protective Life Dynamic Allocation Series Growth Portfolio | Protective Life Dynamic Allocation Series Moderate Portfolio | Royce Capital Fund Micro Cap Portfolio, Service Class | Royce Capital Fund Small Cap Portfolio, Service Class | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 1,269,480 | $ | 8,682,066 | $ | 2,096,582 | $ | 224,341 | $ | 654,928 | $ | 758,097 | $ | 1,742,459 | ||||||||||||||
Receivable from the Contracts | 144 | 837 | 195 | 8 | 24 | 52 | 114 | |||||||||||||||||||||
Total assets | 1,269,624 | 8,682,903 | 2,096,777 | 224,349 | 654,952 | 758,149 | 1,742,573 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 144 | 837 | 195 | 8 | 24 | 52 | 114 | |||||||||||||||||||||
Payable to the Company | 4 | 120 | 29 | 4 | 9 | 21 | 45 | |||||||||||||||||||||
Total liabilities | 148 | 957 | 224 | 12 | 33 | 73 | 159 | |||||||||||||||||||||
NET ASSETS | $ | 1,269,476 | $ | 8,681,946 | $ | 2,096,553 | $ | 224,337 | $ | 654,919 | $ | 758,076 | $ | 1,742,414 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 1,269,476 | $ | 8,681,946 | $ | 2,096,553 | $ | 224,337 | $ | 654,919 | $ | 758,076 | $ | 1,742,414 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 1,269,476 | $ | 8,681,946 | $ | 2,096,553 | $ | 224,337 | $ | 654,919 | $ | 758,076 | $ | 1,742,414 | ||||||||||||||
Fair value per share (NAV) | $ | 10.23 | $ | 9.18 | $ | 11.08 | $ | 13.15 | $ | 12.60 | $ | 8.88 | $ | 9.37 | ||||||||||||||
Shares outstanding in the Separate Account | 124,094 | 945,759 | 189,222 | 17,060 | 51,978 | 85,371 | 185,962 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 1,267,491 | $ | 10,730,181 | $ | 2,118,347 | $ | 185,040 | $ | 584,869 | $ | 777,541 | $ | 1,723,799 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
31
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
T. Rowe Price Blue Chip Growth Portfolio, Class II | T. Rowe Price Health Sciences Portfolio, Class II | Templeton Developing Markets VIP Fund, Class 2 | Templeton Foreign VIP Fund, Class 2 | Templeton Global Bond VIP Fund, Class 2 | Templeton Growth VIP Fund, Class 2 | Vanguard VIF Capital Growth Portfolio | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 234,189 | $ | 263,349 | $ | 381,222 | $ | 1,931,488 | $ | 4,380,091 | $ | 198,670 | $ | 29,316 | ||||||||||||||
Receivable from the Contracts | 37 | 35 | 14 | 286 | 376 | 8 | - | |||||||||||||||||||||
Total assets | 234,226 | 263,384 | 381,236 | 1,931,774 | 4,380,467 | 198,678 | 29,316 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 37 | 35 | 14 | 286 | 376 | 8 | - | |||||||||||||||||||||
Payable to the Company | 5 | 5 | 1 | 41 | 56 | 3 | - | |||||||||||||||||||||
Total liabilities | 42 | 40 | 15 | 327 | 432 | 11 | - | |||||||||||||||||||||
NET ASSETS | $ | 234,184 | $ | 263,344 | $ | 381,221 | $ | 1,931,447 | $ | 4,380,035 | $ | 198,667 | $ | 29,316 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 234,184 | $ | 263,344 | $ | 381,221 | $ | 1,931,447 | $ | 4,380,035 | $ | 198,667 | $ | 29,316 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 234,184 | $ | 263,344 | $ | 381,221 | $ | 1,931,447 | $ | 4,380,035 | $ | 198,667 | $ | 29,316 | ||||||||||||||
Fair value per share (NAV) | $ | 43.54 | $ | 51.85 | $ | 8.23 | $ | 14.24 | $ | 12.84 | $ | 11.99 | $ | 46.38 | ||||||||||||||
Shares outstanding in the Separate Account | 5,379 | 5,079 | 46,321 | 135,638 | 341,129 | 16,570 | 632 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 203,793 | $ | 263,449 | $ | 410,497 | $ | 1,868,683 | $ | 6,364,916 | $ | 190,621 | $ | 25,435 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
32
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Vanguard VIF Conservative Allocation Portfolio | Vanguard VIF Equity Index Portfolio | Vanguard VIF Global Bond Index Portfolio | Vanguard VIF Growth Portfolio | Vanguard VIF International Portfolio | Vanguard VIF Mid-Cap Index Portfolio | Vanguard VIF Moderate Allocation Portfolio | ||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 39,259 | $ | 93,361 | $ | 35,626 | $ | 64,804 | $ | 25,279 | $ | 81,311 | $ | 690,054 | ||||||||||||||
Receivable from the Contracts | - | 5 | - | 3 | 2 | 3 | 6 | |||||||||||||||||||||
Total assets | 39,259 | 93,366 | 35,626 | 64,807 | 25,281 | 81,314 | 690,060 | |||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | - | 5 | - | 3 | 2 | 3 | 6 | |||||||||||||||||||||
Payable to the Company | - | 1 | - | - | - | 1 | 3 | |||||||||||||||||||||
Total liabilities | - | 6 | - | 3 | 2 | 4 | 9 | |||||||||||||||||||||
NET ASSETS | $ | 39,259 | $ | 93,360 | $ | 35,626 | $ | 64,804 | $ | 25,279 | $ | 81,310 | $ | 690,051 | ||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 39,259 | $ | 93,360 | $ | 35,626 | $ | 64,804 | $ | 25,279 | $ | 81,310 | $ | 690,051 | ||||||||||||||
Annuity period | - | - | - | - | - | - | - | |||||||||||||||||||||
Total net assets | $ | 39,259 | $ | 93,360 | $ | 35,626 | $ | 64,804 | $ | 25,279 | $ | 81,310 | $ | 690,051 | ||||||||||||||
Fair value per share (NAV) | $ | 24.44 | $ | 60.89 | $ | 18.60 | $ | 25.34 | $ | 24.57 | $ | 23.93 | $ | 29.11 | ||||||||||||||
Shares outstanding in the Separate Account | 1,606 | 1,533 | 1,915 | 2,557 | 1,029 | 3,398 | 23,705 | |||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 44,973 | $ | 88,046 | $ | 41,072 | $ | 71,619 | $ | 30,808 | $ | 84,878 | $ | 667,387 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Continued) |
See accompanying notes to financial statements.
33
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF ASSETS AND LIABILITIES |
AS OF DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Vanguard VIF Real Estate Index Portfolio | Vanguard VIF Short-Term Investment-Grade Portfolio | Vanguard VIF Total Bond Market Index Portfolio | Vanguard VIF Total International Stock Market Index Portfolio | Vanguard VIF Total Stock Market Index Portfolio | Western Asset Core Plus VIT Portfolio, Class II | |||||||||||||||||||||||
ASSETS: | ||||||||||||||||||||||||||||
Investments at fair value (1) | $ | 25,093 | $ | 314,227 | $ | 391,678 | $ | 86,328 | $ | 161,039 | $ | 271,849 | ||||||||||||||||
Receivable from the Contracts | 1 | 7 | 9 | 1 | 1 | 10 | ||||||||||||||||||||||
Total assets | 25,094 | 314,234 | 391,687 | 86,329 | 161,040 | 271,859 | ||||||||||||||||||||||
LIABILITIES: | ||||||||||||||||||||||||||||
Payable to the fund manager | 1 | 7 | 9 | 1 | 1 | 10 | ||||||||||||||||||||||
Payable to the Company | - | 1 | 1 | - | 1 | 3 | ||||||||||||||||||||||
Total liabilities | 1 | 8 | 10 | 1 | 2 | 13 | ||||||||||||||||||||||
NET ASSETS | $ | 25,093 | $ | 314,226 | $ | 391,677 | $ | 86,328 | $ | 161,038 | $ | 271,846 | ||||||||||||||||
ANALYSIS OF NET ASSETS | ||||||||||||||||||||||||||||
Accumulation period | $ | 25,093 | $ | 314,226 | $ | 391,677 | $ | 86,328 | $ | 161,038 | $ | 271,846 | ||||||||||||||||
Annuity period | - | - | - | - | - | - | ||||||||||||||||||||||
Total net assets | $ | 25,093 | $ | 314,226 | $ | 391,677 | $ | 86,328 | $ | 161,038 | $ | 271,846 | ||||||||||||||||
Fair value per share (NAV) | $ | 11.92 | $ | 10.31 | $ | 10.63 | $ | 21.09 | $ | 49.45 | $ | 4.96 | ||||||||||||||||
Shares outstanding in the Separate Account | 2,105 | 30,478 | 36,846 | 4,093 | 3,257 | 54,808 | ||||||||||||||||||||||
(1) Investments in mutual fund shares, at cost | $ | 28,901 | $ | 309,917 | $ | 405,519 | $ | 80,296 | $ | 148,925 | $ | 286,282 |
* The Subaccount has shares that round to less than one. | |
Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding. | |
(Concluded) |
See accompanying notes to financial statements.
34
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
AB VPS Discovery Value Portfolio, Class B | AB VPS Large Cap Growth Portfolio, Class B | AB VPS Small Cap Growth Portfolio, Class B | American Funds IS Asset Allocation Fund, Class 4 | American Funds IS Capital Income Builder, Class 4 | American Funds IS Capital World Growth and Income Fund, Class 4 | American Funds IS Global Growth Fund, Class 4 | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 1,365 | $ | - | $ | - | $ | 16,080 | $ | 3,625 | $ | 833 | $ | 1,629 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 353 | 2,156 | 219 | 10,216 | 1,762 | 625 | 3,199 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 1,012 | (2,156 | ) | (219 | ) | 5,864 | 1,863 | 208 | (1,570 | ) | ||||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (52,577 | ) | 1,841 | 53 | 159 | 312 | 141 | (2,237 | ) | |||||||||||||||||||
Capital gain distributions | 14,349 | 11,948 | - | 30,600 | - | - | 18,858 | |||||||||||||||||||||
Net realized gain (loss) on investments | (38,228 | ) | 13,789 | 53 | 30,759 | 312 | 141 | 16,621 | ||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 43,588 | 35,440 | 11,879 | 57,448 | 7,545 | 7,986 | 36,310 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 5,360 | 49,229 | 11,932 | 88,207 | 7,857 | 8,127 | 52,931 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 6,372 | $ | 47,073 | $ | 11,713 | $ | 94,071 | $ | 9,720 | $ | 8,335 | $ | 51,361 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
35
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
American Funds IS Global Small Capitalization Fund, Class 4 | American Funds IS Growth Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 | American Funds IS International Fund, Class 4 | American Funds IS New World Fund, Class 4 | American Funds IS The Bond Fund of America, Class 4 | American Funds IS U.S. Government Securities Fund, Class 4 | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 3 | $ | 342 | $ | 433 | $ | 267 | $ | 2,953 | $ | 3,762 | $ | 3,743 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 138 | 2,511 | 429 | 389 | 1,027 | 1,576 | 1,370 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | (135 | ) | (2,169 | ) | 4 | (122 | ) | 1,926 | 2,186 | 2,373 | ||||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | 98 | 3,110 | 34 | 1,146 | (128 | ) | (1,418 | ) | (25 | ) | ||||||||||||||||||
Capital gain distributions | 134 | 11,761 | 1,741 | - | - | - | - | |||||||||||||||||||||
Net realized gain (loss) on investments | 232 | 14,871 | 1,775 | 1,146 | (128 | ) | (1,418 | ) | (25 | ) | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 1,488 | 48,493 | 5,405 | 2,974 | 32,753 | 2,123 | (902 | ) | ||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 1,720 | 63,364 | 7,180 | 4,120 | 32,625 | 705 | (927 | ) | ||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 1,585 | $ | 61,195 | $ | 7,184 | $ | 3,998 | $ | 34,551 | $ | 2,891 | $ | 1,446 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
36
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
American Funds IS Washington Mutual Investors Fund, Class 4 | BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | BlackRock Global Allocation V.I. Fund, Class III | ClearBridge Variable Large Cap Growth Portfolio, Class II | ClearBridge Variable Mid Cap Portfolio, Class II | ClearBridge Variable Small Cap Growth Portfolio, Class II | Columbia VP Balanced Fund, Class 2 | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 5,262 | $ | 4,842 | $ | 950 | $ | - | $ | 71 | $ | - | $ | - | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 3,912 | 3,084 | 520 | 79 | 6,645 | 3,106 | 4,292 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 1,350 | 1,758 | 430 | (79 | ) | (6,574 | ) | (3,106 | ) | (4,292 | ) | |||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | 944 | 105 | 299 | 1,074 | (75,657 | ) | (39,715 | ) | 871 | |||||||||||||||||||
Capital gain distributions | 2,813 | - | - | 52 | 2,034 | - | - | |||||||||||||||||||||
Net realized gain (loss) on investments | 3,757 | 105 | 299 | 1,126 | (73,623 | ) | (39,715 | ) | 871 | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 39,516 | 29,277 | 3,470 | 1,241 | 48,488 | 10,500 | 62,905 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 43,273 | 29,382 | 3,769 | 2,367 | (25,135 | ) | (29,215 | ) | 63,776 | |||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 44,623 | $ | 31,140 | $ | 4,199 | $ | 2,288 | $ | (31,709 | ) | $ | (32,321 | ) | $ | 59,484 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
37
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Columbia VP Intermediate Bond Fund, Class 2 | Columbia VP Limited Duration Credit Fund, Class 2 | Columbia VP Strategic Income Fund, Class 2 | Dimensional VA Global Bond Portfolio | Dimensional VA International Small Portfolio | Dimensional VA International Value Portfolio | Dimensional VA Short-Term Fixed Portfolio | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 5,037 | $ | 447 | $ | 266 | $ | 1,372 | $ | 2,658 | $ | 9,666 | $ | 3,127 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 2,977 | 190 | 95 | 103 | 102 | 748 | 242 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 2,060 | 257 | 171 | 1,269 | 2,556 | 8,918 | 2,885 | |||||||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (621 | ) | 16 | 3 | 4 | (4 | ) | 9,059 | 13 | |||||||||||||||||||
Capital gain distributions | - | - | - | - | - | 1,929 | - | |||||||||||||||||||||
Net realized gain (loss) on investments | (621 | ) | 16 | 3 | 4 | (4 | ) | 10,988 | 13 | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 8,686 | 478 | 390 | 317 | 4,625 | 19,823 | 804 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 8,065 | 494 | 393 | 321 | 4,621 | 30,811 | 817 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 10,125 | $ | 751 | $ | 564 | $ | 1,590 | $ | 7,177 | $ | 39,729 | $ | 3,702 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
38
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Dimensional VA US Large Value Portfolio | Dimensional VA US Targeted Value Portfolio | Fidelity VIP Asset Manager Portfolio, Service Class 2 | Fidelity VIP Balanced Portfolio, Service Class 2 | Fidelity VIP Contrafund Portfolio, Service Class 2 | Fidelity VIP Equity-Income Portfolio, Service Class 2 | Fidelity VIP FundsManager 20% Portfolio, Service Class 2 | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 7,197 | $ | 8,194 | $ | 63 | $ | 9,874 | $ | 12,129 | $ | - | $ | 175 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 938 | 930 | 38 | 7,921 | 68,319 | 91 | 143 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 6,259 | 7,264 | 25 | 1,953 | (56,190 | ) | (91 | ) | 32 | |||||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | 146 | 69 | 2 | 770 | 299,121 | 40,765 | 39 | |||||||||||||||||||||
Capital gain distributions | 4,386 | 36,461 | 32 | 19,931 | 162,280 | - | - | |||||||||||||||||||||
Net realized gain (loss) on investments | 4,532 | 36,530 | 34 | 20,701 | 461,401 | 40,765 | 39 | |||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 21,329 | 50,794 | 246 | 84,333 | 776,994 | (38,181 | ) | 521 | ||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 25,861 | 87,324 | 280 | 105,034 | 1,238,395 | 2,584 | 560 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 32,120 | $ | 94,588 | $ | 305 | $ | 106,987 | $ | 1,182,205 | $ | 2,493 | $ | 592 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
39
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Fidelity VIP FundsManager 85% Portfolio, Service Class 2 | Fidelity VIP Health Care Portfolio, Service Class 2 | Fidelity VIP Index 500 Portfolio, Service Class 2 | Fidelity VIP Investment Grade Bond Portfolio, Service Class 2 | Fidelity VIP Mid Cap Portfolio, Service Class 2 | Franklin DynaTech VIP Fund | Franklin Income VIP Fund, Class 2 | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 23 | $ | - | $ | 81,080 | $ | 102,763 | $ | 10,368 | $ | - | $ | 154,227 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 94 | 722 | 99,099 | 61,149 | 36,051 | 4,949 | 35,936 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | (71 | ) | (722 | ) | (18,019 | ) | 41,614 | (25,683 | ) | (4,949 | ) | 118,291 | ||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | 932 | 34 | 364,888 | (60,084 | ) | (108,885 | ) | (75,490 | ) | (319,006 | ) | |||||||||||||||||
Capital gain distributions | - | - | 58,354 | - | 78,065 | - | 186,972 | |||||||||||||||||||||
Net realized gain (loss) on investments | 932 | 34 | 423,242 | (60,084 | ) | (30,820 | ) | (75,490 | ) | (132,034 | ) | |||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 295 | 1,639 | 840,768 | 204,539 | 251,731 | 192,879 | 22,302 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 1,227 | 1,673 | 1,264,010 | 144,455 | 220,911 | 117,389 | (109,732 | ) | ||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 1,156 | $ | 951 | $ | 1,245,991 | $ | 186,069 | $ | 195,228 | $ | 112,440 | $ | 8,559 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
40
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Franklin Mutual Shares VIP Fund, Class 2 | Franklin Rising Dividends VIP Fund, Class 2 | Franklin Small Cap Value VIP Fund, Class 2 | Franklin Small-Mid Cap Growth VIP Fund, Class 2 | Franklin U.S. Government Securities VIP Fund, Class 2 | Goldman Sachs VIT Core Fixed Income Fund, Service Shares | Goldman Sachs VIT International Equity Insights Fund, Institutional Shares | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 52,714 | $ | 39,034 | $ | 2,300 | $ | - | $ | 72,572 | $ | 10,134 | $ | 70 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 35,440 | 52,690 | 6,835 | 13,155 | 38,518 | 4,565 | 36 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 17,274 | (13,656 | ) | (4,535 | ) | (13,155 | ) | 34,054 | 5,569 | 34 | ||||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (262,356 | ) | (182,356 | ) | (44,866 | ) | (38,736 | ) | (113,891 | ) | (1,257 | ) | 12 | |||||||||||||||
Capital gain distributions | 242,627 | 447,980 | 24,939 | - | - | - | - | |||||||||||||||||||||
Net realized gain (loss) on investments | (19,729 | ) | 265,624 | (19,927 | ) | (38,736 | ) | (113,891 | ) | (1,257 | ) | 12 | ||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 98,633 | 4,159 | 31,699 | 179,626 | 161,408 | 12,235 | 358 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 78,904 | 269,783 | 11,772 | 140,890 | 47,517 | 10,978 | 370 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 96,178 | $ | 256,127 | $ | 7,237 | $ | 127,735 | $ | 81,571 | $ | 16,547 | $ | 404 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
41
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Goldman Sachs VIT International Equity Insights Fund, Service Shares | Goldman Sachs VIT Large Cap Value Fund, Service Shares | Goldman Sachs VIT Mid Cap Growth Fund, Service Shares | Goldman Sachs VIT Mid Cap Value Fund, Service Shares | Goldman Sachs VIT Small Cap Equity Insights Fund, Institutional Shares | Goldman Sachs VIT Small Cap Equity Insights Fund, Service Shares | Goldman Sachs VIT Strategic Growth Fund, Institutional Shares | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 7,263 | $ | 9,255 | $ | - | $ | 7,850 | $ | 176 | $ | 141 | $ | - | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 5,879 | 9,463 | 4,212 | 19,729 | 238 | 59 | 832 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 1,384 | (208 | ) | (4,212 | ) | (11,879 | ) | (62 | ) | 82 | (832 | ) | ||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | 10,038 | (32,638 | ) | (20,152 | ) | (122,205 | ) | 1 | (172 | ) | 374 | |||||||||||||||||
Capital gain distributions | - | 54,705 | 2,056 | 26,615 | - | - | 2,534 | |||||||||||||||||||||
Net realized gain (loss) on investments | 10,038 | 22,067 | (18,096 | ) | (95,590 | ) | 1 | (172 | ) | 2,908 | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 39,005 | 43,153 | 35,843 | 132,243 | 2,868 | 3,302 | 17,524 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 49,043 | 65,220 | 17,747 | 36,653 | 2,869 | 3,130 | 20,432 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 50,427 | $ | 65,012 | $ | 13,535 | $ | 24,774 | $ | 2,807 | $ | 3,212 | $ | 19,600 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
42
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Goldman Sachs VIT Strategic Growth Fund, Service Shares | Goldman Sachs VIT Trend Driven Allocation, Service Shares | Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Shares | Goldman Sachs VIT U.S. Equity Insights Fund, Service Shares | Invesco V.I. American Franchise Fund, Series I | Invesco V.I. American Value Fund, Series II | Invesco V.I. Balanced-Risk Allocation Fund Class, Series II | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | - | $ | 4,512 | $ | 520 | $ | 74 | $ | - | $ | 690 | $ | - | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 32,393 | 3,668 | 1,047 | 246 | 850 | 3,653 | 80,614 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | (32,393 | ) | 844 | (527 | ) | (172 | ) | (850 | ) | (2,963 | ) | (80,614 | ) | |||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | 15,475 | (196 | ) | (295 | ) | (160 | ) | 2,151 | (12,418 | ) | (258,728 | ) | ||||||||||||||||
Capital gain distributions | 119,379 | - | - | - | 1,312 | 38,415 | - | |||||||||||||||||||||
Net realized gain (loss) on investments | 134,854 | (196 | ) | (295 | ) | (160 | ) | 3,463 | 25,997 | (258,728 | ) | |||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 614,720 | 33,230 | 15,795 | 3,578 | 17,398 | (5,534 | ) | 620,514 | ||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 749,574 | 33,034 | 15,500 | 3,418 | 20,861 | 20,463 | 361,786 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 717,181 | $ | 33,878 | $ | 14,973 | $ | 3,246 | $ | 20,011 | $ | 17,500 | $ | 281,172 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
43
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Capital Appreciation Fund, Series I | Invesco V.I. Capital Appreciation Fund, Series II | Invesco V.I. Comstock Fund, Series I | Invesco V.I. Comstock Fund, Series II | Invesco V.I. Conservative Balanced Fund, Series II | Invesco V.I. Discovery Mid Cap Growth Fund, Series I | Invesco V.I. Discovery Mid Cap Growth Fund, Series II | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | - | $ | - | $ | 1,458 | $ | 7,817 | $ | 272 | $ | - | $ | - | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 1,432 | 4,201 | 1,100 | 10,651 | 189 | 693 | 2,779 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | (1,432 | ) | (4,201 | ) | 358 | (2,834 | ) | 83 | (693 | ) | (2,779 | ) | ||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | 2,124 | 11,434 | 107 | (12,271 | ) | 13 | 604 | (5,905 | ) | |||||||||||||||||||
Capital gain distributions | - | - | 8,976 | 56,293 | - | - | - | |||||||||||||||||||||
Net realized gain (loss) on investments | 2,124 | 11,434 | 9,083 | 44,022 | 13 | 604 | (5,905 | ) | ||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 29,019 | 80,096 | (1,216 | ) | 5,910 | 1,389 | 5,556 | 21,261 | ||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 31,143 | 91,530 | 7,867 | 49,932 | 1,402 | 6,160 | 15,356 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 29,711 | $ | 87,329 | $ | 8,225 | $ | 47,098 | $ | 1,485 | $ | 5,467 | $ | 12,577 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
44
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Equity and Income Fund, Series II | Invesco V.I. EQV International Equity Fund, Series II | Invesco V.I. Global Fund, Series I | Invesco V.I. Global Fund, Series II | Invesco V.I. Global Real Estate Fund, Series II | Invesco V.I. Global Strategic Income Fund | Invesco V.I. Global Strategic Income Fund, Series II | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 17,436 | $ | - | $ | 143 | $ | - | $ | 346 | $ | - | $ | - | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 21,566 | 2,862 | 908 | 25,459 | 796 | 108 | 53,280 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | (4,130 | ) | (2,862 | ) | (765 | ) | (25,459 | ) | (450 | ) | (108 | ) | (53,280 | ) | ||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (46,610 | ) | (5,347 | ) | 2,916 | (2,577 | ) | (10,877 | ) | (63 | ) | (234,820 | ) | |||||||||||||||
Capital gain distributions | 52,934 | 62 | 7,209 | 225,913 | - | - | - | |||||||||||||||||||||
Net realized gain (loss) on investments | 6,324 | (5,285 | ) | 10,125 | 223,336 | (10,877 | ) | (63 | ) | (234,820 | ) | |||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 55,365 | 27,066 | 9,200 | 208,086 | 10,221 | 727 | 535,330 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 61,689 | 21,781 | 19,325 | 431,422 | (656 | ) | 664 | 300,510 | ||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 57,559 | $ | 18,919 | $ | 18,560 | $ | 405,963 | $ | (1,106 | ) | $ | 556 | $ | 247,230 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
45
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Government Securities Fund, Series II | Invesco V.I. Growth and Income Fund, Series I | Invesco V.I. Growth and Income Fund, Series II | Invesco V.I. Main Street Fund, Series I | Invesco V.I. Main Street Fund, Series II | Invesco V.I. Small Cap Equity Fund, Series II | Invesco V.I. U.S. Government Money Portfolio, Series I | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 10,490 | $ | 387 | $ | 25,066 | $ | 286 | $ | 3,788 | $ | - | $ | 677,799 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 7,852 | 332 | 46,858 | 466 | 10,693 | 470 | 219,271 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 2,638 | 55 | (21,792 | ) | (180 | ) | (6,905 | ) | (470 | ) | 458,528 | |||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (3,037 | ) | 18 | (226,570 | ) | 68 | (16,376 | ) | (6,440 | ) | - | |||||||||||||||||
Capital gain distributions | - | 3,078 | 245,161 | 2,325 | 54,081 | 184 | - | |||||||||||||||||||||
Net realized gain (loss) on investments | (3,037 | ) | 3,096 | 18,591 | 2,393 | 37,705 | (6,256 | ) | - | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 18,225 | (593 | ) | 78,679 | 4,229 | 95,467 | 10,852 | - | ||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 15,188 | 2,503 | 97,270 | 6,622 | 133,172 | 4,596 | - | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 17,826 | $ | 2,558 | $ | 75,478 | $ | 6,442 | $ | 126,267 | $ | 4,126 | $ | 458,528 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
46
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Lord Abbett Series Fund Bond Debenture Portfolio | Lord Abbett Series Fund Fundamental Equity Portfolio | Lord Abbett Series Fund Growth and Income Portfolio | Lord Abbett Series Fund Growth Opportunities Portfolio | Lord Abbett Series Fund Inc. Dividend Growth Portfolio | Lord Abbett Series Fund Mid Cap Stock Portfolio | Lord Abbett Series Fund Short Duration Income Portfolio | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 231,278 | $ | 10,274 | $ | 2,401 | $ | - | $ | 4,307 | $ | 786 | $ | 988 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 67,726 | 22,751 | 3,840 | 4,865 | 7,231 | 2,228 | 267 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 163,552 | (12,477 | ) | (1,439 | ) | (4,865 | ) | (2,924 | ) | (1,442 | ) | 721 | ||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (123,013 | ) | (80,093 | ) | 6,636 | (26,695 | ) | (10,046 | ) | (872 | ) | 7 | ||||||||||||||||
Capital gain distributions | - | 52,336 | 5,222 | - | 30,211 | 4,840 | - | |||||||||||||||||||||
Net realized gain (loss) on investments | (123,013 | ) | (27,757 | ) | 11,858 | (26,695 | ) | 20,165 | 3,968 | 7 | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 185,653 | 122,535 | 17,609 | 29,016 | 42,711 | 13,467 | 34 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 62,640 | 94,778 | 29,467 | 2,321 | 62,876 | 17,435 | 41 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 226,192 | $ | 82,301 | $ | 28,028 | $ | (2,544 | ) | $ | 59,952 | $ | 15,993 | $ | 762 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
47
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
MFS Emerging Markets Equity Portfolio, Service Class | MFS Growth Series, Initial Class | MFS Growth Series, Service Class | MFS International Intrinsic Value Portfolio, Service Class | MFS Investors Trust Series, Initial Class | MFS Investors Trust Series, Service Class | MFS Massachusetts Investors Growth Stock Portfolio, Service Class | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 50 | $ | - | $ | - | $ | 68 | $ | 468 | $ | 1,563 | $ | 45 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 54 | 1,127 | 9,651 | 189 | 912 | 4,795 | 1,457 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | (4 | ) | (1,127 | ) | (9,651 | ) | (121 | ) | (444 | ) | (3,232 | ) | (1,412 | ) | ||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | 2 | 144 | 21,360 | 87 | 82 | 6,099 | 1,806 | |||||||||||||||||||||
Capital gain distributions | - | 6,259 | 57,794 | 1,096 | 3,605 | 19,044 | 4,855 | |||||||||||||||||||||
Net realized gain (loss) on investments | 2 | 6,403 | 79,154 | 1,183 | 3,687 | 25,143 | 6,661 | |||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 370 | 18,048 | 138,707 | 1,065 | 7,240 | 30,568 | 14,351 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 372 | 24,451 | 217,861 | 2,248 | 10,927 | 55,711 | 21,012 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 368 | $ | 23,324 | $ | 208,210 | $ | 2,127 | $ | 10,483 | $ | 52,479 | $ | 19,600 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
48
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
MFS New Discovery Series, Initial Class | MFS New Discovery Series, Service Class | MFS Research Series, Initial Class | MFS Research Series, Service Class | MFS Total Return Bond Series, Service Class | MFS Total Return Series, Initial Class | MFS Total Return Series, Service Class | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | - | $ | - | $ | 170 | $ | 122 | $ | 29,852 | $ | 1,106 | $ | 3,297 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 132 | 7,758 | 461 | 553 | 14,470 | 766 | 2,617 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | (132 | ) | (7,758 | ) | (291 | ) | (431 | ) | 15,382 | 340 | 680 | |||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (7 | ) | 454 | 8 | (33 | ) | (28,805 | ) | 52 | 157 | ||||||||||||||||||
Capital gain distributions | - | - | 1,796 | 2,724 | - | 2,304 | 7,869 | |||||||||||||||||||||
Net realized gain (loss) on investments | (7 | ) | 454 | 1,804 | 2,691 | (28,805 | ) | 2,356 | 8,026 | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 1,256 | 69,016 | 4,754 | 6,552 | 68,866 | 2,061 | 6,440 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 1,249 | 69,470 | 6,558 | 9,243 | 40,061 | 4,417 | 14,466 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 1,117 | $ | 61,712 | $ | 6,267 | $ | 8,812 | $ | 55,443 | $ | 4,757 | $ | 15,146 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
49
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
MFS Utilities Series, Initial Class | MFS Utilities Series, Service Class | MFS Value Series, Service Class | Morgan Stanley VIF Global Real Estate Portfolio, Class II | PIMCO All Asset Portfolio | PIMCO Global Diversified Allocation Portfolio | PIMCO Long-Term U.S. Government Portfolio, Advisor Class | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 184 | $ | 6,354 | $ | 5,228 | $ | 4,736 | $ | 3,603 | $ | 30,506 | $ | 22,192 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 72 | 2,506 | 5,173 | 3,440 | 1,795 | 12,675 | 14,980 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 112 | 3,848 | 55 | 1,296 | 1,808 | 17,831 | 7,212 | |||||||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (3 | ) | 632 | 10,838 | (4,481 | ) | (11,447 | ) | 3,215 | (94,007 | ) | |||||||||||||||||
Capital gain distributions | 284 | 10,658 | 26,203 | - | - | - | - | |||||||||||||||||||||
Net realized gain (loss) on investments | 281 | 11,290 | 37,041 | (4,481 | ) | (11,447 | ) | 3,215 | (94,007 | ) | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (580 | ) | (21,657 | ) | (14,986 | ) | 22,135 | 6,299 | 86,388 | 102,967 | ||||||||||||||||||
Net realized and unrealized gain (loss) on investments | (299 | ) | (10,367 | ) | 22,055 | 17,654 | (5,148 | ) | 89,603 | 8,960 | ||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | (187 | ) | $ | (6,519 | ) | $ | 22,110 | $ | 18,950 | $ | (3,340 | ) | $ | 107,434 | $ | 16,172 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
50
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
PIMCO Low Duration Portfolio, Advisor Class | PIMCO Real Return Portfolio, Advisor Class | PIMCO Short-Term Portfolio, Advisor Class | PIMCO Total Return Portfolio, Advisor Class | Protective Life Dynamic Allocation Series Conservative Portfolio | Protective Life Dynamic Allocation Series Growth Portfolio | Protective Life Dynamic Allocation Series Moderate Portfolio | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 47,615 | $ | 102,571 | $ | 54,826 | $ | 312,499 | $ | 37,893 | $ | 3,914 | $ | 10,300 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 17,973 | 50,299 | 16,630 | 129,668 | 24,669 | 2,816 | 7,211 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 29,642 | 52,272 | 38,196 | 182,831 | 13,224 | 1,098 | 3,089 | |||||||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (23,981 | ) | (135,813 | ) | (819 | ) | (293,465 | ) | 210 | 39 | (376 | ) | ||||||||||||||||
Capital gain distributions | - | - | - | - | 37,097 | 15,218 | - | |||||||||||||||||||||
Net realized gain (loss) on investments | (23,981 | ) | (135,813 | ) | (819 | ) | (293,465 | ) | 37,307 | 15,257 | (376 | ) | ||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 40,356 | 158,454 | 16,679 | 475,933 | 129,269 | 17,157 | 66,042 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 16,375 | 22,641 | 15,860 | 182,468 | 166,576 | 32,414 | 65,666 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 46,017 | $ | 74,913 | $ | 54,056 | $ | 365,299 | $ | 179,800 | $ | 33,512 | $ | 68,755 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
51
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Royce Capital Fund Micro Cap Portfolio, Service Class | Royce Capital Fund Small Cap Portfolio, Service Class | T. Rowe Price Blue Chip Growth Portfolio, Class II | T. Rowe Price Health Sciences Portfolio, Class II | Templeton Developing Markets VIP Fund, Class 2 | Templeton Foreign VIP Fund, Class 2 | Templeton Global Bond VIP Fund, Class 2 | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | - | $ | 10,750 | $ | - | $ | - | $ | 11,380 | $ | 64,535 | $ | - | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 8,792 | 22,434 | 1,896 | 2,934 | 6,174 | 32,558 | 63,560 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | (8,792 | ) | (11,684 | ) | (1,896 | ) | (2,934 | ) | 5,206 | 31,977 | (63,560 | ) | ||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (31,250 | ) | (107,180 | ) | 5,826 | 61 | (30,010 | ) | 4,738 | (365,065 | ) | |||||||||||||||||
Capital gain distributions | - | 140,797 | - | 9,747 | 413 | - | - | |||||||||||||||||||||
Net realized gain (loss) on investments | (31,250 | ) | 33,617 | 5,826 | 9,808 | (29,597 | ) | 4,738 | (365,065 | ) | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 100,255 | 244,543 | 78,386 | (1,845 | ) | 23,700 | 284,477 | 480,934 | ||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 69,005 | 278,160 | 84,212 | 7,963 | (5,897 | ) | 289,215 | 115,869 | ||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 60,213 | $ | 266,476 | $ | 82,316 | $ | 5,029 | $ | (691 | ) | $ | 321,192 | $ | 52,309 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
52
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Templeton Growth VIP Fund, Class 2 | Vanguard VIF Capital Growth Portfolio | Vanguard VIF Conservative Allocation Portfolio | Vanguard VIF Equity Index Portfolio | Vanguard VIF Global Bond Index Portfolio | Vanguard VIF Growth Portfolio | Vanguard VIF International Portfolio | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 7,098 | $ | 390 | $ | 710 | $ | 1,169 | $ | 650 | $ | 141 | $ | 365 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 2,703 | 91 | 110 | 250 | 102 | 172 | 72 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 4,395 | 299 | 600 | 919 | 548 | (31 | ) | 293 | ||||||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (2,612 | ) | 90 | 1 | 69 | - | 489 | 5 | ||||||||||||||||||||
Capital gain distributions | - | 1,877 | 919 | 2,589 | 57 | - | 787 | |||||||||||||||||||||
Net realized gain (loss) on investments | (2,612 | ) | 1,967 | 920 | 2,658 | 57 | 489 | 792 | ||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 21,626 | 5,105 | 2,740 | 15,601 | 1,469 | 18,532 | 2,098 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 19,014 | 7,072 | 3,660 | 18,259 | 1,526 | 19,021 | 2,890 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 23,409 | $ | 7,371 | $ | 4,260 | $ | 19,178 | $ | 2,074 | $ | 18,990 | $ | 3,183 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
53
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Vanguard VIF Mid-Cap Index Portfolio | Vanguard VIF Moderate Allocation Portfolio | Vanguard VIF Money Market Portfolio | Vanguard VIF Real Estate Index Portfolio | Vanguard VIF Short-Term Investment-Grade Portfolio | Vanguard VIF Total Bond Market Index Portfolio | Vanguard VIF Total International Stock Market Index Portfolio | ||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | 1,168 | $ | 13,243 | $ | 1,537 | $ | 554 | $ | 1,880 | $ | 9,284 | $ | 679 | ||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 232 | 1,932 | 107 | 68 | 470 | 953 | 117 | |||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | 936 | 11,311 | 1,430 | 486 | 1,410 | 8,331 | 562 | |||||||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | 28 | 169 | - | 4 | 4 | (7 | ) | 68 | ||||||||||||||||||||
Capital gain distributions | 1,466 | 21,107 | - | 1,046 | - | - | 284 | |||||||||||||||||||||
Net realized gain (loss) on investments | 1,494 | 21,276 | - | 1,050 | 4 | (7 | ) | 352 | ||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 8,781 | 58,960 | - | 1,036 | 11,470 | 3,167 | 6,801 | |||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 10,275 | 80,236 | - | 2,086 | 11,474 | 3,160 | 7,153 | |||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 11,211 | $ | 91,547 | $ | 1,430 | $ | 2,572 | $ | 12,884 | $ | 11,491 | $ | 7,715 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
54
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2023
SUBACCOUNTS | ||||||||||||||||||||||||||||
Vanguard VIF Total Stock Market Index Portfolio | Western Asset Core Plus VIT Portfolio, Class II | |||||||||||||||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||||||||||||
Dividend income | $ | - | $ | 9,272 | ||||||||||||||||||||||||
EXPENSES: | ||||||||||||||||||||||||||||
Mortality and expense risk and admin | 138 | 3,354 | ||||||||||||||||||||||||||
NET INVESTMENT INCOME (LOSS) | (138 | ) | 5,918 | |||||||||||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | ||||||||||||||||||||||||||||
Net realized gain (loss) on redemption of investments | (1 | ) | (70 | ) | ||||||||||||||||||||||||
Capital gain distributions | - | - | ||||||||||||||||||||||||||
Net realized gain (loss) on investments | (1 | ) | (70 | ) | ||||||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 12,115 | 6,332 | ||||||||||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 12,114 | 6,262 | ||||||||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 11,976 | $ | 12,180 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Concluded)
See accompanying notes to financial statements.
55
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
AB VPS Discovery Value Portfolio, Class B | AB VPS Large Cap Growth Portfolio, Class B | AB VPS Small Cap Growth Portfolio, Class B | American Funds IS Asset Allocation Fund, Class 4 | American Funds IS Capital Income Builder, Class 4 | American Funds IS Capital World Growth and Income Fund, Class 4 | American Global | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 1,012 | $ | (2,156 | ) | $ | (219 | ) | $ | 5,864 | $ | 1,863 | $ | 208 | $ | (1,570 | ) | |||||||||||
Net realized gain (loss) on investments | (38,228 | ) | 13,789 | 53 | 30,759 | 312 | 141 | 16,621 | ||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 43,588 | 35,440 | 11,879 | 57,448 | 7,545 | 7,986 | 36,310 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 6,372 | 47,073 | 11,713 | 94,071 | 9,720 | 8,335 | 51,361 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 4,254 | - | 4,257 | - | - | 7,313 | |||||||||||||||||||||
Contract maintenance charges | (276 | ) | (2,356 | ) | (159 | ) | (10,784 | ) | (1,894 | ) | - | (2,346 | ) | |||||||||||||||
Contract owners’ benefits | (1,233 | ) | (5,318 | ) | (3,581 | ) | (24,362 | ) | (7,090 | ) | - | (102,904 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (165,306 | ) | (2,788 | ) | 15,536 | 61,361 | 1,625 | (1,053 | ) | 400 | ||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (166,815 | ) | (6,208 | ) | 11,796 | 30,472 | (7,359 | ) | (1,053 | ) | (97,537 | ) | ||||||||||||||||
Total increase (decrease) in net assets | (160,443 | ) | 40,865 | 23,509 | 124,543 | 2,361 | 7,282 | (46,176 | ) | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 160,443 | 138,283 | 63,817 | 719,333 | 137,039 | 44,392 | 290,220 | |||||||||||||||||||||
End of period | $ | - | $ | 179,148 | $ | 87,326 | $ | 843,876 | $ | 139,400 | $ | 51,674 | $ | 244,044 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
56
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
American Funds IS Global Small Capitalization Fund, Class 4 | American Funds IS Growth Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 | American Funds IS International Fund, Class 4 | American Funds IS New World Fund, Class 4 | American Funds IS The Bond Fund of America, Class 4 | American Funds IS U.S. Government Securities Fund, Class 4 | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (135 | ) | $ | (2,169 | ) | $ | 4 | $ | (122 | ) | $ | 1,926 | $ | 2,186 | $ | 2,373 | |||||||||||
Net realized gain (loss) on investments | 232 | 14,871 | 1,775 | 1,146 | (128 | ) | (1,418 | ) | (25 | ) | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 1,488 | 48,493 | 5,405 | 2,974 | 32,753 | 2,123 | (902 | ) | ||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 1,585 | 61,195 | 7,184 | 3,998 | 34,551 | 2,891 | 1,446 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 1,007 | - | 3,224 | - | 1,004 | - | |||||||||||||||||||||
Contract maintenance charges | (24 | ) | (2,564 | ) | (466 | ) | (71 | ) | (546 | ) | (1,477 | ) | (1,404 | ) | ||||||||||||||
Contract owners’ benefits | - | (19,098 | ) | (794 | ) | (19,390 | ) | (28,924 | ) | (54,862 | ) | (5,555 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 283 | (20,956 | ) | 15,337 | 63 | (4,335 | ) | 48,642 | 19,048 | |||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 259 | (41,611 | ) | 14,077 | (16,174 | ) | (33,805 | ) | (6,693 | ) | 12,089 | |||||||||||||||||
Total increase (decrease) in net assets | 1,844 | 19,584 | 21,261 | (12,176 | ) | 746 | (3,802 | ) | 13,535 | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 10,208 | 181,786 | 19,673 | 34,378 | 238,661 | 116,014 | 97,607 | |||||||||||||||||||||
End of period | $ | 12,052 | $ | 201,370 | $ | 40,934 | $ | 22,202 | $ | 239,407 | $ | 112,212 | $ | 111,142 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
57
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
American Funds IS Washington Mutual Investors Fund, Class 4 | BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | BlackRock Global Allocation V.I. Fund, Class III | ClearBridge Variable Large Cap Growth Portfolio, Class II | ClearBridge Variable Mid Cap Portfolio, Class II | ClearBridge Variable Small Cap Growth Portfolio, Class II | Columbia VP Balanced Fund, Class 2 | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 1,350 | $ | 1,758 | $ | 430 | $ | (79 | ) | $ | (6,574 | ) | $ | (3,106 | ) | $ | (4,292 | ) | ||||||||||
Net realized gain (loss) on investments | 3,757 | 105 | 299 | 1,126 | (73,623 | ) | (39,715 | ) | 871 | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 39,516 | 29,277 | 3,470 | 1,241 | 48,488 | 10,500 | 62,905 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 44,623 | 31,140 | 4,199 | 2,288 | (31,709 | ) | (32,321 | ) | 59,484 | |||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 25,065 | 25,065 | 2,014 | 3,240 | - | 3,911 | 79,435 | |||||||||||||||||||||
Contract maintenance charges | (3,102 | ) | (3,335 | ) | (530 | ) | (44 | ) | (7,860 | ) | (4,022 | ) | (4,767 | ) | ||||||||||||||
Contract owners’ benefits | (19,693 | ) | (5,260 | ) | (702 | ) | - | (56,427 | ) | (15,233 | ) | (10,406 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 13,186 | 16,610 | (5,777 | ) | (7,270 | ) | 678,300 | 177,816 | 3,607 | |||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 15,456 | 33,080 | (4,995 | ) | (4,074 | ) | 614,013 | 162,472 | 67,869 | |||||||||||||||||||
Total increase (decrease) in net assets | 60,079 | 64,220 | (796 | ) | (1,786 | ) | 582,304 | 130,151 | 127,353 | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 275,034 | 207,427 | 40,048 | 5,634 | 207,042 | 122,282 | 275,737 | |||||||||||||||||||||
End of period | $ | 335,113 | $ | 271,647 | $ | 39,252 | $ | 3,848 | $ | 789,346 | $ | 252,433 | $ | 403,090 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
58
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Columbia VP Intermediate Bond Fund, Class 2 | Columbia VP Limited Duration Credit Fund, Class 2 | Columbia VP Strategic Income Fund, Class 2 | Dimensional VA Global Bond Portfolio | Dimensional VA International Small Portfolio | Dimensional VA International Value Portfolio | Dimensional VA Short-Term Fixed Portfolio | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 2,060 | $ | 257 | $ | 171 | $ | 1,269 | $ | 2,556 | $ | 8,918 | $ | 2,885 | ||||||||||||||
Net realized gain (loss) on investments | (621 | ) | 16 | 3 | 4 | (4 | ) | 10,988 | 13 | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 8,686 | 478 | 390 | 317 | 4,625 | 19,823 | 804 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 10,125 | 751 | 564 | 1,590 | 7,177 | 39,729 | 3,702 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 2,010 | - | 1,003 | - | - | - | - | |||||||||||||||||||||
Contract maintenance charges | (3,548 | ) | (182 | ) | (82 | ) | (71 | ) | (64 | ) | (491 | ) | (82 | ) | ||||||||||||||
Contract owners’ benefits | (11,459 | ) | (755 | ) | - | - | (166 | ) | (9,310 | ) | - | |||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (3,746 | ) | 132 | 101 | - | 69,422 | (75,589 | ) | 190 | |||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (16,743 | ) | (805 | ) | 1,022 | (71 | ) | 69,192 | (85,390 | ) | 108 | |||||||||||||||||
Total increase (decrease) in net assets | (6,618 | ) | (54 | ) | 1,586 | 1,519 | 76,369 | (45,661 | ) | 3,810 | ||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 232,329 | 14,734 | 6,491 | 33,581 | 13,059 | 251,362 | 79,008 | |||||||||||||||||||||
End of period | $ | 225,711 | $ | 14,680 | $ | 8,077 | $ | 35,100 | $ | 89,428 | $ | 205,701 | $ | 82,818 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
59
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Dimensional VA US Large Value Portfolio | Dimensional VA US Targeted Value Portfolio | Fidelity VIP Asset Manager Portfolio, Service Class 2 | Fidelity VIP Balanced Portfolio, Service Class 2 | Fidelity VIP Contrafund Portfolio, Service Class 2 | Fidelity VIP Equity-Income Portfolio, Class 2 | Fidelity VIP FundsManager 20% Portfolio, Service Class 2 | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 6,259 | $ | 7,264 | $ | 25 | $ | 1,953 | $ | (56,190 | ) | $ | (91 | ) | $ | 32 | ||||||||||||
Net realized gain (loss) on investments | 4,532 | 36,530 | 34 | 20,701 | 461,401 | 40,765 | 39 | |||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 21,329 | 50,794 | 246 | 84,333 | 776,994 | (38,181 | ) | 521 | ||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 32,120 | 94,588 | 305 | 106,987 | 1,182,205 | 2,493 | 592 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | - | - | 121,546 | 7,433 | - | - | |||||||||||||||||||||
Contract maintenance charges | (380 | ) | (654 | ) | (45 | ) | (7,825 | ) | (68,308 | ) | - | (132 | ) | |||||||||||||||
Contract owners’ benefits | (5,868 | ) | (6,573 | ) | - | (13,496 | ) | (647,387 | ) | (92,741 | ) | (209 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (5,924 | ) | 472,402 | 6 | 12,311 | 1,757,507 | 1 | (11,588 | ) | |||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (12,172 | ) | 465,175 | (39 | ) | 112,536 | 1,049,245 | (92,740 | ) | (11,929 | ) | |||||||||||||||||
Total increase (decrease) in net assets | 19,948 | 559,763 | 266 | 219,523 | 2,231,450 | (90,247 | ) | (11,337 | ) | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 312,320 | 9,777 | 2,745 | 486,889 | 2,836,132 | 90,250 | 15,419 | |||||||||||||||||||||
End of period | $ | 332,268 | $ | 569,540 | $ | 3,011 | $ | 706,412 | $ | 5,067,582 | $ | 3 | $ | 4,082 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
60
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Fidelity VIP FundsManager 85% Portfolio, Service Class 2 | Fidelity VIP Health Care Portfolio, Service Class 2 | Fidelity VIP Index 500 Portfolio, Service Class 2 | Fidelity VIP Investment Grade Bond Portfolio, Service Class 2 | Fidelity VIP Mid Cap Portfolio, Service Class 2 | Franklin DynaTech VIP Fund | Franklin Income VIP Fund, Class 2 | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (71 | ) | $ | (722 | ) | $ | (18,019 | ) | $ | 41,614 | $ | (25,683 | ) | $ | (4,949 | ) | $ | 118,291 | |||||||||
Net realized gain (loss) on investments | 932 | 34 | 423,242 | (60,084 | ) | (30,820 | ) | (75,490 | ) | (132,034 | ) | |||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 295 | 1,639 | 840,768 | 204,539 | 251,731 | 192,879 | 22,302 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 1,156 | 951 | 1,245,991 | 186,069 | 195,228 | 112,440 | 8,559 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 44,339 | 25,068 | 113,492 | 977 | 3,482 | 323 | |||||||||||||||||||||
Contract maintenance charges | (82 | ) | (658 | ) | (106,302 | ) | (68,826 | ) | (36,371 | ) | (5,672 | ) | (51,427 | ) | ||||||||||||||
Contract owners’ benefits | - | - | (961,963 | ) | (554,294 | ) | (265,093 | ) | (21,431 | ) | (262,293 | ) | ||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (12,524 | ) | 4,957 | 2,486,818 | 220,710 | 1,099,791 | 440,877 | 2,148,781 | ||||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (12,606 | ) | 48,638 | 1,443,621 | (288,918 | ) | 799,304 | 417,256 | 1,835,384 | |||||||||||||||||||
Total increase (decrease) in net assets | (11,450 | ) | 49,589 | 2,689,612 | (102,849 | ) | 994,532 | 529,696 | 1,843,943 | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 11,450 | 17,219 | 4,388,487 | 4,302,423 | 1,953,175 | 121,140 | 1,087,046 | |||||||||||||||||||||
End of period | $ | - | $ | 66,808 | $ | 7,078,099 | $ | 4,199,574 | $ | 2,947,707 | $ | 650,836 | $ | 2,930,989 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
61
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Franklin Mutual Shares VIP Fund, Class 2 | Franklin Rising Dividends VIP Fund, Class 2 | Franklin Small Cap Value VIP Fund, Class 2 | Franklin Small-Mid Cap Growth VIP Fund, Class 2 | Franklin U.S. Government Securities VIP Fund, Class 2 | Goldman Sachs VIT Core Fixed Income Fund, Service Shares | Goldman Sachs VIT International Equity Insights Fund, Institutional Shares | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 17,274 | $ | (13,656 | ) | $ | (4,535 | ) | $ | (13,155 | ) | $ | 34,054 | $ | 5,569 | $ | 34 | |||||||||||
Net realized gain (loss) on investments | (19,729 | ) | 265,624 | (19,927 | ) | (38,736 | ) | (113,891 | ) | (1,257 | ) | 12 | ||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 98,633 | 4,159 | 31,699 | 179,626 | 161,408 | 12,235 | 358 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 96,178 | 256,127 | 7,237 | 127,735 | 81,571 | 16,547 | 404 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 2,107 | 2,815 | - | 5 | 2,528 | 4,240 | - | |||||||||||||||||||||
Contract maintenance charges | (44,413 | ) | (63,084 | ) | (7,714 | ) | (14,242 | ) | (47,266 | ) | (4,184 | ) | (6 | ) | ||||||||||||||
Contract owners’ benefits | (518,366 | ) | (640,355 | ) | (28,469 | ) | (111,100 | ) | (447,232 | ) | (59,002 | ) | (90 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 1,567,228 | 120,562 | 187,559 | 400,298 | 61,219 | 18,558 | (2 | ) | ||||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 1,006,556 | (580,062 | ) | 151,376 | 274,961 | (430,751 | ) | (40,388 | ) | (98 | ) | |||||||||||||||||
Total increase (decrease) in net assets | 1,102,734 | (323,935 | ) | 158,613 | 402,696 | (349,180 | ) | (23,841 | ) | 306 | ||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 1,739,979 | 4,154,686 | 398,316 | 552,533 | 2,980,922 | 383,995 | 2,403 | |||||||||||||||||||||
End of period | $ | 2,842,713 | $ | 3,830,751 | $ | 556,929 | $ | 955,229 | $ | 2,631,742 | $ | 360,154 | $ | 2,709 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
62
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Goldman Sachs VIT International Equity Insights Fund, Service Shares | Goldman Sachs VIT Large Cap Value Fund, Service Shares | Goldman Sachs VIT Mid Cap Growth Fund, Service Shares | Goldman Sachs VIT Mid Cap Value Fund, Service Shares | Goldman Sachs VIT Small Cap Equity Insights Fund, Institutional Shares | Goldman Sachs VIT Small Cap Equity Insights Fund, Service Shares | Goldman Sachs VIT Strategic Growth Fund, Institutional Shares | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 1,384 | $ | (208 | ) | $ | (4,212 | ) | $ | (11,879 | ) | $ | (62 | ) | $ | 82 | $ | (832 | ) | |||||||||
Net realized gain (loss) on investments | 10,038 | 22,067 | (18,096 | ) | (95,590 | ) | 1 | (172 | ) | 2,908 | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 39,005 | 43,153 | 35,843 | 132,243 | 2,868 | 3,302 | 17,524 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 50,427 | 65,012 | 13,535 | 24,774 | 2,807 | 3,212 | 19,600 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 16 | 19 | - | - | - | - | - | |||||||||||||||||||||
Contract maintenance charges | (6,895 | ) | (7,915 | ) | (5,270 | ) | (20,959 | ) | - | - | (54 | ) | ||||||||||||||||
Contract owners’ benefits | (99,060 | ) | (185,256 | ) | (35,752 | ) | (155,996 | ) | - | (1,388 | ) | (3,217 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 164,210 | 39,430 | 209,965 | 546,793 | (1 | ) | (4,370 | ) | (10 | ) | ||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 58,271 | (153,722 | ) | 168,943 | 369,838 | (1 | ) | (5,758 | ) | (3,281 | ) | |||||||||||||||||
Total increase (decrease) in net assets | 108,698 | (88,710 | ) | 182,478 | 394,612 | 2,806 | (2,546 | ) | 16,319 | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 307,031 | 734,900 | 119,143 | 1,228,807 | 15,936 | 21,705 | 50,476 | |||||||||||||||||||||
End of period | $ | 415,729 | $ | 646,190 | $ | 301,621 | $ | 1,623,419 | $ | 18,742 | $ | 19,159 | $ | 66,795 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
63
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Goldman Sachs VIT Strategic Growth Fund, Service Shares | Goldman Sachs VIT Trend Driven Allocation, Service Shares | Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Shares | Goldman Sachs VIT U.S. Equity Insights Fund, Service Shares | Invesco V.I. American Franchise Fund, Series I | Invesco V.I. American Value Fund, Series II | Invesco V.I. Balanced-Risk Allocation Fund Class, Series II | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (32,393 | ) | $ | 844 | $ | (527 | ) | $ | (172 | ) | $ | (850 | ) | $ | (2,963 | ) | $ | (80,614 | ) | ||||||||
Net realized gain (loss) on investments | 134,854 | (196 | ) | (295 | ) | (160 | ) | 3,463 | 25,997 | (258,728 | ) | |||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 614,720 | 33,230 | 15,795 | 3,578 | 17,398 | (5,534 | ) | 620,514 | ||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 717,181 | 33,878 | 14,973 | 3,246 | 20,011 | 17,500 | 281,172 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 25,676 | - | - | - | - | - | 858 | |||||||||||||||||||||
Contract maintenance charges | (39,684 | ) | (5,687 | ) | (31 | ) | (177 | ) | (8 | ) | (4,127 | ) | (125,298 | ) | ||||||||||||||
Contract owners’ benefits | (266,316 | ) | (18,849 | ) | (2,451 | ) | (654 | ) | (11,856 | ) | (78,236 | ) | (783,191 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 1,720,506 | 24,859 | (7 | ) | (808 | ) | (6 | ) | 60,627 | 187,000 | ||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 1,440,182 | 323 | (2,489 | ) | (1,639 | ) | (11,870 | ) | (21,736 | ) | (720,631 | ) | ||||||||||||||||
Total increase (decrease) in net assets | 2,157,363 | 34,201 | 12,484 | 1,607 | 8,141 | (4,236 | ) | (439,459 | ) | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 921,971 | 238,989 | 69,090 | 15,572 | 54,776 | 288,190 | 6,087,166 | |||||||||||||||||||||
End of period | $ | 3,079,334 | $ | 273,190 | $ | 81,574 | $ | 17,179 | $ | 62,917 | $ | 283,954 | $ | 5,647,707 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
64
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Capital Appreciation Fund, Series I | Invesco V.I. Capital Appreciation Fund, Series II | Invesco V.I. Comstock Fund, Series I | Invesco V.I. Comstock Fund, Series II | Invesco V.I. Conservative Balanced Fund, Series II | Invesco V.I. Discovery Mid Cap Growth Fund, Series I | Invesco V.I. Discovery Mid Cap Growth Fund, Series II | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (1,432 | ) | $ | (4,201 | ) | $ | 358 | $ | (2,834 | ) | $ | 83 | $ | (693 | ) | $ | (2,779 | ) | |||||||||
Net realized gain (loss) on investments | 2,124 | 11,434 | 9,083 | 44,022 | 13 | 604 | (5,905 | ) | ||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 29,019 | 80,096 | (1,216 | ) | 5,910 | 1,389 | 5,556 | 21,261 | ||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 29,711 | 87,329 | 8,225 | 47,098 | 1,485 | 5,467 | 12,577 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 10 | - | - | 2,011 | - | - | |||||||||||||||||||||
Contract maintenance charges | (12 | ) | (5,980 | ) | (21 | ) | (12,621 | ) | (164 | ) | (11 | ) | (3,358 | ) | ||||||||||||||
Contract owners’ benefits | (13,337 | ) | (74,334 | ) | (745 | ) | (50,728 | ) | - | (11,401 | ) | (15,803 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (18 | ) | 322,947 | (105 | ) | 25,893 | 60 | (4 | ) | 149,745 | ||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (13,367 | ) | 242,643 | (871 | ) | (37,456 | ) | 1,907 | (11,416 | ) | 130,584 | |||||||||||||||||
Total increase (decrease) in net assets | 16,344 | 329,972 | 7,354 | 9,642 | 3,392 | (5,949 | ) | 143,161 | ||||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 93,112 | 91,899 | 76,974 | 958,609 | 12,859 | 52,170 | 123,673 | |||||||||||||||||||||
End of period | $ | 109,456 | $ | 421,871 | $ | 84,328 | $ | 968,251 | $ | 16,251 | $ | 46,221 | $ | 266,834 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
65
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Equity and Income Fund, Series II | Invesco V.I. EQV International Equity Fund, Series II | Invesco V.I. Global Fund, Series I | Invesco V.I. Global Fund, Series II | Invesco V.I. Global Real Estate Fund, Series II | Invesco V.I. Global Strategic Income Fund | Invesco V.I. Global Strategic Income Fund, Series II | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (4,130 | ) | $ | (2,862 | ) | $ | (765 | ) | $ | (25,459 | ) | $ | (450 | ) | $ | (108 | ) | $ | (53,280 | ) | |||||||
Net realized gain (loss) on investments | 6,324 | (5,285 | ) | 10,125 | 223,336 | (10,877 | ) | (63 | ) | (234,820 | ) | |||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 55,365 | 27,066 | 9,200 | 208,086 | 10,221 | 727 | 535,330 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 57,559 | 18,919 | 18,560 | 405,963 | (1,106 | ) | 556 | 247,230 | ||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 51,865 | 5 | - | 4,803 | - | - | 4,043 | |||||||||||||||||||||
Contract maintenance charges | (26,451 | ) | (2,719 | ) | (11 | ) | (30,132 | ) | (744 | ) | (7 | ) | (60,273 | ) | ||||||||||||||
Contract owners’ benefits | (144,795 | ) | (55,062 | ) | (14,607 | ) | (348,681 | ) | (14,123 | ) | (141 | ) | (470,407 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 668,850 | 148,157 | (8 | ) | 1,164,391 | 256,189 | (1 | ) | (179,251 | ) | ||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 549,469 | 90,381 | (14,626 | ) | 790,381 | 241,322 | (149 | ) | (705,888 | ) | ||||||||||||||||||
Total increase (decrease) in net assets | 607,028 | 109,300 | 3,934 | 1,196,344 | 240,216 | 407 | (458,658 | ) | ||||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 1,103,217 | 119,171 | 60,860 | 890,205 | 28,814 | 7,633 | 3,954,740 | |||||||||||||||||||||
End of period | $ | 1,710,245 | $ | 228,471 | $ | 64,794 | $ | 2,086,549 | $ | 269,030 | $ | 8,040 | $ | 3,496,082 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
66
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Government Securities Fund, Series II | Invesco V.I. Growth and Income Fund, Series I | Invesco V.I. Growth and Income Fund, Series II | Invesco V.I. Main Street Fund, Series I | Invesco V.I. Main Street Fund, Series II | Invesco V.I. Small Cap Equity Fund, Series II | Invesco V.I. U.S. Government Money Portfolio, Series I | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 2,638 | $ | 55 | $ | (21,792 | ) | $ | (180 | ) | $ | (6,905 | ) | $ | (470 | ) | $ | 458,528 | ||||||||||
Net realized gain (loss) on investments | (3,037 | ) | 3,096 | 18,591 | 2,393 | 37,705 | (6,256 | ) | - | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 18,225 | (593 | ) | 78,679 | 4,229 | 95,467 | 10,852 | - | ||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 17,826 | 2,558 | 75,478 | 6,442 | 126,267 | 4,126 | 458,528 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 83 | - | 664 | - | 4,154 | - | 19,722 | |||||||||||||||||||||
Contract maintenance charges | (9,526 | ) | (17 | ) | (58,915 | ) | (31 | ) | (11,789 | ) | (306 | ) | (304,943 | ) | ||||||||||||||
Contract owners’ benefits | (76,501 | ) | - | (455,686 | ) | (148 | ) | (205,150 | ) | (26,767 | ) | (2,237,400 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 30,907 | (12 | ) | 1,447,492 | (3 | ) | 380,145 | 75,134 | (21,927,021 | ) | ||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (55,037 | ) | (29 | ) | 933,555 | (182 | ) | 167,360 | 48,061 | (24,449,642 | ) | |||||||||||||||||
Total increase (decrease) in net assets | (37,211 | ) | 2,529 | 1,009,033 | 6,260 | 293,627 | 52,187 | (23,991,114 | ) | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 618,943 | 23,083 | 2,952,216 | 30,000 | 569,096 | 32,852 | 31,777,456 | |||||||||||||||||||||
End of period | $ | 581,732 | $ | 25,612 | $ | 3,961,249 | $ | 36,260 | $ | 862,723 | $ | 85,039 | $ | 7,786,342 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
67
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Lord Abbett Series Fund Bond Debenture Portfolio | Lord Abbett Series Fund Fundamental Equity Portfolio | Lord Abbett Series Fund Growth and Income Portfolio | Lord Abbett Series Fund Growth Opportunities Portfolio | Lord Abbett Series Fund Inc. Dividend Growth Portfolio | Lord Abbett Series Fund Mid Cap Stock Portfolio | Lord Abbett Series Fund Short Duration Income Portfolio | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 163,552 | $ | (12,477 | ) | $ | (1,439 | ) | $ | (4,865 | ) | $ | (2,924 | ) | $ | (1,442 | ) | $ | 721 | |||||||||
Net realized gain (loss) on investments | (123,013 | ) | (27,757 | ) | 11,858 | (26,695 | ) | 20,165 | 3,968 | 7 | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 185,653 | 122,535 | 17,609 | 29,016 | 42,711 | 13,467 | 34 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 226,192 | 82,301 | 28,028 | (2,544 | ) | 59,952 | 15,993 | 762 | ||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 9,740 | 2,570 | 49 | 5 | - | - | 2,120 | |||||||||||||||||||||
Contract maintenance charges | (83,799 | ) | (28,795 | ) | (3,393 | ) | (6,207 | ) | (7,400 | ) | (2,095 | ) | (250 | ) | ||||||||||||||
Contract owners’ benefits | (791,847 | ) | (258,315 | ) | (33,592 | ) | (22,794 | ) | (72,948 | ) | (33,033 | ) | (970 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 266,601 | 1,147,357 | (390 | ) | 417,291 | 119,722 | 38,147 | 1,105 | ||||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (599,305 | ) | 862,817 | (37,326 | ) | 388,295 | 39,374 | 3,019 | 2,005 | |||||||||||||||||||
Total increase (decrease) in net assets | (373,113 | ) | 945,118 | (9,298 | ) | 385,751 | 99,326 | 19,012 | 2,767 | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 4,969,177 | 894,550 | 274,072 | 182,080 | 451,605 | 158,769 | 19,143 | |||||||||||||||||||||
End of period | $ | 4,596,064 | $ | 1,839,668 | $ | 264,774 | $ | 567,831 | $ | 550,931 | $ | 177,781 | $ | 21,910 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
68
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
MFS Emerging Markets Equity Portfolio, Service Class | MFS Growth Series, Initial Class | MFS Growth Series, Service Class | MFS International Intrinsic Value Portfolio, Service Class | MFS Investors Trust Series, Initial Class | MFS Investors Trust Series, Service Class | MFS Massachusetts Investors Growth Stock Portfolio, Service Class | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (4 | ) | $ | (1,127 | ) | $ | (9,651 | ) | $ | (121 | ) | $ | (444 | ) | $ | (3,232 | ) | $ | (1,412 | ) | |||||||
Net realized gain (loss) on investments | 2 | 6,403 | 79,154 | 1,183 | 3,687 | 25,143 | 6,661 | |||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 370 | 18,048 | 138,707 | 1,065 | 7,240 | 30,568 | 14,351 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 368 | 23,324 | 208,210 | 2,127 | 10,483 | 52,479 | 19,600 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | - | 1,715 | 421 | - | - | 853 | |||||||||||||||||||||
Contract maintenance charges | (11 | ) | (8 | ) | (4,714 | ) | (6 | ) | - | (3,661 | ) | (1,214 | ) | |||||||||||||||
Contract owners’ benefits | - | (3,845 | ) | (61,778 | ) | (621 | ) | (3,690 | ) | (46,588 | ) | (23,940 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (1 | ) | (503 | ) | (29,634 | ) | (740 | ) | (4 | ) | (6,369 | ) | (6,882 | ) | ||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (12 | ) | (4,356 | ) | (94,411 | ) | (946 | ) | (3,694 | ) | (56,618 | ) | (31,183 | ) | ||||||||||||||
Total increase (decrease) in net assets | 356 | 18,968 | 113,799 | 1,181 | 6,789 | (4,139 | ) | (11,583 | ) | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 3,958 | 70,386 | 645,888 | 13,820 | 62,570 | 342,658 | 107,260 | |||||||||||||||||||||
End of period | $ | 4,314 | $ | 89,354 | $ | 759,687 | $ | 15,001 | $ | 69,359 | $ | 338,519 | $ | 95,677 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
69
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
MFS New Discovery Series, Initial Class | MFS New Discovery Series, Service Class | MFS Research Series, Initial Class | MFS Research Series, Service Class | MFS Total Return Bond Series, Service Class | MFS Total Return Series, Initial Class | MFS Total Return Series, Service Class | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (132 | ) | $ | (7,758 | ) | $ | (291 | ) | $ | (431 | ) | $ | 15,382 | $ | 340 | $ | 680 | ||||||||||
Net realized gain (loss) on investments | (7 | ) | 454 | 1,804 | 2,691 | (28,805 | ) | 2,356 | 8,026 | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 1,256 | 69,016 | 4,754 | 6,552 | 68,866 | 2,061 | 6,440 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 1,117 | 61,712 | 6,267 | 8,812 | 55,443 | 4,757 | 15,146 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | - | - | - | 3,566 | - | 32 | |||||||||||||||||||||
Contract maintenance charges | (21 | ) | (6,950 | ) | - | (782 | ) | (17,286 | ) | (23 | ) | (1,988 | ) | |||||||||||||||
Contract owners’ benefits | (263 | ) | (69,971 | ) | - | (3,616 | ) | (195,860 | ) | (1,806 | ) | (5,750 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 55 | 5,266 | (3 | ) | (3,537 | ) | 28,963 | 549 | 2,972 | |||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (229 | ) | (71,655 | ) | (3 | ) | (7,935 | ) | (180,617 | ) | (1,280 | ) | (4,734 | ) | ||||||||||||||
Total increase (decrease) in net assets | 888 | (9,943 | ) | 6,264 | 877 | (125,174 | ) | 3,477 | 10,412 | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 8,903 | 523,324 | 30,243 | 47,030 | 1,107,482 | 54,251 | 178,389 | |||||||||||||||||||||
End of period | $ | 9,791 | $ | 513,381 | $ | 36,507 | $ | 47,907 | $ | 982,308 | $ | 57,728 | $ | 188,801 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
70
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
MFS Utilities Series, Initial Class | MFS Utilities Series, Service Class | MFS Value Series, Service Class | Morgan Stanley VIF Global Real Estate Portfolio, Class II | PIMCO All Asset Portfolio | PIMCO Global Diversified Allocation Portfolio | PIMCO Long-Term U.S. Government Portfolio, Advisor Class | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 112 | $ | 3,848 | $ | 55 | $ | 1,296 | $ | 1,808 | $ | 17,831 | $ | 7,212 | ||||||||||||||
Net realized gain (loss) on investments | 281 | 11,290 | 37,041 | (4,481 | ) | (11,447 | ) | 3,215 | (94,007 | ) | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (580 | ) | (21,657 | ) | (14,986 | ) | 22,135 | 6,299 | 86,388 | 102,967 | ||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (187 | ) | (6,519 | ) | 22,110 | 18,950 | (3,340 | ) | 107,434 | 16,172 | ||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 60 | 1,715 | - | - | - | 10,843 | |||||||||||||||||||||
Contract maintenance charges | (9 | ) | (2,286 | ) | (5,272 | ) | (3,318 | ) | (2,764 | ) | (16,696 | ) | (17,959 | ) | ||||||||||||||
Contract owners’ benefits | - | (6,732 | ) | (41,878 | ) | (43,242 | ) | (47,855 | ) | (70,550 | ) | (223,785 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | - | 14,079 | 7,387 | 30,783 | 174,329 | 52,472 | 108,204 | |||||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (9 | ) | 5,121 | (38,048 | ) | (15,777 | ) | 123,710 | (34,774 | ) | (122,697 | ) | ||||||||||||||||
Total increase (decrease) in net assets | (196 | ) | (1,398 | ) | (15,938 | ) | 3,173 | 120,370 | 72,660 | (106,525 | ) | |||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 5,378 | 195,423 | 398,005 | 246,814 | 57,518 | 897,567 | 1,006,238 | |||||||||||||||||||||
End of period | $ | 5,182 | $ | 194,025 | $ | 382,067 | $ | 249,987 | $ | 177,888 | $ | 970,227 | $ | 899,713 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
71
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
PIMCO Low Duration Portfolio, Advisor Class | PIMCO Real Return Portfolio, Advisor Class | PIMCO Short-Term Portfolio, Advisor Class | PIMCO Total Return Portfolio, Advisor Class | Protective Life Dynamic Allocation Series Conservative Portfolio | Protective Life Dynamic Allocation Series Growth Portfolio | Protective Life Dynamic Allocation Series Moderate Portfolio | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 29,642 | $ | 52,272 | $ | 38,196 | $ | 182,831 | $ | 13,224 | $ | 1,098 | $ | 3,089 | ||||||||||||||
Net realized gain (loss) on investments | (23,981 | ) | (135,813 | ) | (819 | ) | (293,465 | ) | 37,307 | 15,257 | (376 | ) | ||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 40,356 | 158,454 | 16,679 | 475,933 | 129,269 | 17,157 | 66,042 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 46,017 | 74,913 | 54,056 | 365,299 | 179,800 | 33,512 | 68,755 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 2,120 | 1,068 | 4,118 | 57,990 | 100,260 | - | 105,000 | |||||||||||||||||||||
Contract maintenance charges | (22,275 | ) | (69,526 | ) | (20,994 | ) | (157,506 | ) | (19,904 | ) | (2,763 | ) | (8,131 | ) | ||||||||||||||
Contract owners’ benefits | (248,582 | ) | (613,408 | ) | (211,179 | ) | (1,215,954 | ) | (42,869 | ) | (7,034 | ) | (24,954 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 4,161 | (71,088 | ) | 172,991 | 107,039 | 202,942 | (4,267 | ) | (97 | ) | ||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (264,576 | ) | (752,954 | ) | (55,064 | ) | (1,208,431 | ) | 240,429 | (14,064 | ) | 71,818 | ||||||||||||||||
Total increase (decrease) in net assets | (218,559 | ) | (678,041 | ) | (1,008 | ) | (843,132 | ) | 420,229 | 19,448 | 140,573 | |||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 1,489,356 | 3,971,470 | 1,270,484 | 9,525,078 | 1,676,324 | 204,889 | 514,346 | |||||||||||||||||||||
End of period | $ | 1,270,797 | $ | 3,293,429 | $ | 1,269,476 | $ | 8,681,946 | $ | 2,096,553 | $ | 224,337 | $ | 654,919 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
72
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Royce Capital Fund Micro Cap Portfolio, Service Class | Royce Capital Fund Small Cap Portfolio, Service Class | T. Rowe Price Blue Chip Growth Portfolio, Class II | T. Rowe Price Health Sciences Portfolio, Class II | Templeton Developing Markets VIP Fund, Class 2 | Templeton Foreign VIP Fund, Class 2 | Templeton Global Bond VIP Fund, Class 2 | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (8,792 | ) | $ | (11,684 | ) | $ | (1,896 | ) | $ | (2,934 | ) | $ | 5,206 | $ | 31,977 | $ | (63,560 | ) | |||||||||
Net realized gain (loss) on investments | (31,250 | ) | 33,617 | 5,826 | 9,808 | (29,597 | ) | 4,738 | (365,065 | ) | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 100,255 | 244,543 | 78,386 | (1,845 | ) | 23,700 | 284,477 | 480,934 | ||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 60,213 | 266,476 | 82,316 | 5,029 | (691 | ) | 321,192 | 52,309 | ||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 1,715 | 3,883 | 25,065 | 25,065 | 4,512 | 1,715 | 11,468 | |||||||||||||||||||||
Contract maintenance charges | (6,844 | ) | (26,582 | ) | (1,644 | ) | (3,000 | ) | (5,479 | ) | (32,633 | ) | (88,671 | ) | ||||||||||||||
Contract owners’ benefits | (58,899 | ) | (281,314 | ) | (5,379 | ) | (5,905 | ) | (64,016 | ) | (143,181 | ) | (567,972 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 299,316 | (5,028 | ) | (45,225 | ) | 40,858 | 290,165 | (172,353 | ) | 23,620 | ||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 235,288 | (309,041 | ) | (27,183 | ) | 57,018 | 225,182 | (346,452 | ) | (621,555 | ) | |||||||||||||||||
Total increase (decrease) in net assets | 295,501 | (42,565 | ) | 55,133 | 62,047 | 224,491 | (25,260 | ) | (569,246 | ) | ||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 462,575 | 1,784,979 | 179,051 | 201,297 | 156,730 | 1,956,707 | 4,949,281 | |||||||||||||||||||||
End of period | $ | 758,076 | $ | 1,742,414 | $ | 234,184 | $ | 263,344 | $ | 381,221 | $ | 1,931,447 | $ | 4,380,035 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
73
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Templeton Growth VIP Fund, Class 2 | Vanguard VIF Capital Growth Portfolio | Vanguard VIF Conservative Allocation Portfolio | Vanguard VIF Equity Index Portfolio | Vanguard VIF Global Bond Index Portfolio | Vanguard VIF Growth Portfolio | Vanguard VIF International Portfolio | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 4,395 | $ | 299 | $ | 600 | $ | 919 | $ | 548 | $ | (31 | ) | $ | 293 | |||||||||||||
Net realized gain (loss) on investments | (2,612 | ) | 1,967 | 920 | 2,658 | 57 | 489 | 792 | ||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 21,626 | 5,105 | 2,740 | 15,601 | 1,469 | 18,532 | 2,098 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 23,409 | 7,371 | 4,260 | 19,178 | 2,074 | 18,990 | 3,183 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | - | - | - | - | - | - | |||||||||||||||||||||
Contract maintenance charges | (4,187 | ) | - | - | (96 | ) | (3 | ) | (55 | ) | (45 | ) | ||||||||||||||||
Contract owners’ benefits | (31,952 | ) | (2,193 | ) | - | - | - | (733 | ) | - | ||||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 106,413 | (9,072 | ) | - | (461 | ) | 396 | (2,792 | ) | (148 | ) | |||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 70,274 | (11,265 | ) | - | (557 | ) | 393 | (3,580 | ) | (193 | ) | |||||||||||||||||
Total increase (decrease) in net assets | 93,683 | (3,894 | ) | 4,260 | 18,621 | 2,467 | 15,410 | 2,990 | ||||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 104,984 | 33,210 | 34,999 | 74,739 | 33,159 | 49,394 | 22,289 | |||||||||||||||||||||
End of period | $ | 198,667 | $ | 29,316 | $ | 39,259 | $ | 93,360 | $ | 35,626 | $ | 64,804 | $ | 25,279 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
74
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Vanguard VIF Mid-Cap Index Portfolio | Vanguard VIF Moderate Allocation Portfolio | Vanguard VIF Money Market Portfolio | Vanguard VIF Real Estate Index Portfolio | Vanguard VIF Short-Term Investment-Grade Portfolio | Vanguard VIF Total Bond Market Index Portfolio | Vanguard VIF Total International Stock Market Index Portfolio | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 936 | $ | 11,311 | $ | 1,430 | $ | 486 | $ | 1,410 | $ | 8,331 | $ | 562 | ||||||||||||||
Net realized gain (loss) on investments | 1,494 | 21,276 | - | 1,050 | 4 | (7 | ) | 352 | ||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 8,781 | 58,960 | - | 1,036 | 11,470 | 3,167 | 6,801 | |||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 11,211 | 91,547 | 1,430 | 2,572 | 12,884 | 11,491 | 7,715 | |||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | - | 565,929 | - | 213,053 | - | 63,916 | |||||||||||||||||||||
Contract maintenance charges | (54 | ) | - | - | (25 | ) | (198 | ) | (564 | ) | (32 | ) | ||||||||||||||||
Contract owners’ benefits | (2,047 | ) | (10,649 | ) | - | - | - | - | (1,323 | ) | ||||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (6,125 | ) | (7 | ) | (567,359 | ) | 203 | 307 | 267,368 | (6,135 | ) | |||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (8,226 | ) | (10,656 | ) | (1,430 | ) | 178 | 213,162 | 266,804 | 56,426 | ||||||||||||||||||
Total increase (decrease) in net assets | 2,985 | 80,891 | - | 2,750 | 226,046 | 278,295 | 64,141 | |||||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 78,325 | 609,160 | - | 22,343 | 88,180 | 113,382 | 22,187 | |||||||||||||||||||||
End of period | $ | 81,310 | $ | 690,051 | $ | - | $ | 25,093 | $ | 314,226 | $ | 391,677 | $ | 86,328 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
75
VARIABLE ANNUITY ACCOUNT A |
STATEMENTS OF CHANGES IN NET ASSETS |
FOR THE YEAR ENDED DECEMBER 31, 2023 |
SUBACCOUNTS | ||||||||||||||||||||||||||||
Vanguard VIF Total Stock Market Index Portfolio | Western Asset Core Plus VIT Portfolio, Class II | |||||||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (138 | ) | $ | 5,918 | |||||||||||||||||||||||
Net realized gain (loss) on investments | (1 | ) | (70 | ) | ||||||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | 12,115 | 6,332 | ||||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 11,976 | 12,180 | ||||||||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 149,137 | 44,339 | ||||||||||||||||||||||||||
Contract maintenance charges | (75 | ) | (2,829 | ) | ||||||||||||||||||||||||
Contract owners’ benefits | - | (3,551 | ) | |||||||||||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | - | 4,398 | ||||||||||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 149,062 | 42,357 | ||||||||||||||||||||||||||
Total increase (decrease) in net assets | 161,038 | 54,537 | ||||||||||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | - | 217,309 | ||||||||||||||||||||||||||
End of period | $ | 161,038 | $ | 271,846 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
76
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
AB VPS Discovery Value Portfolio, Class B | AB VPS Large Cap Growth Portfolio, Class B | AB VPS Small Cap Growth Portfolio, Class B | American Funds IS Asset Allocation Fund, Class 4 | American Funds IS Capital Income Builder, Class 4 | American Funds IS Capital World Growth and Income Fund, Class 4 | American Funds IS Global Growth Fund, Class 4 | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 683 | $ | (1,139 | ) | $ | (55 | ) | $ | 4,388 | $ | 1,619 | $ | 414 | $ | (2,263 | ) | |||||||||||
Net realized gain (loss) on investments | 18,909 | 15,190 | (17,502 | ) | 59,649 | (69 | ) | 9,788 | 42,867 | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (41,828 | ) | (29,424 | ) | 4,671 | (142,423 | ) | (11,343 | ) | (19,593 | ) | (133,776 | ) | |||||||||||||||
Net increase (decrease) in net assets resulting from operations | (22,236 | ) | (15,373 | ) | (12,886 | ) | (78,386 | ) | (9,793 | ) | (9,391 | ) | (93,172 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 10,396 | - | 56,223 | 100,000 | - | 46,486 | |||||||||||||||||||||
Contract maintenance charges | (290 | ) | (1,822 | ) | (31 | ) | (9,092 | ) | (1,426 | ) | - | (2,116 | ) | |||||||||||||||
Contract owners’ benefits | (6,346 | ) | (3,971 | ) | (88 | ) | (21,219 | ) | (5,481 | ) | - | (38,798 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 46,109 | 149,053 | 32,227 | 359,218 | 9,381 | 2,183 | 28,138 | |||||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 39,473 | 153,656 | 32,108 | 385,130 | 102,474 | 2,183 | 33,710 | |||||||||||||||||||||
Total increase (decrease) in net assets | 17,237 | 138,283 | 19,222 | 306,744 | 92,681 | (7,208 | ) | (59,462 | ) | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 143,206 | - | 44,595 | 412,589 | 44,358 | 51,600 | 349,682 | |||||||||||||||||||||
End of period | $ | 160,443 | $ | 138,283 | $ | 63,817 | $ | 719,333 | $ | 137,039 | $ | 44,392 | $ | 290,220 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
77
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
American Funds IS Global Small Capitalization Fund, Class 4 | American Funds IS Growth Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 | American Funds IS International Fund, Class 4 | American Funds IS New World Fund, Class 4 | American Funds IS The Bond Fund of America, Class 4 | American Funds IS U.S. Government Securities Fund, Class 4 | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (126 | ) | $ | (2,014 | ) | $ | (16 | ) | $ | 154 | $ | (53 | ) | $ | 1,712 | $ | 2,783 | ||||||||||
Net realized gain (loss) on investments | 3,465 | 21,161 | (17,182 | ) | 2,513 | 2,571 | 427 | (106 | ) | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (6,875 | ) | (78,861 | ) | (1,013 | ) | (7,632 | ) | (8,823 | ) | (19,215 | ) | (8,572 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (3,536 | ) | (59,714 | ) | (18,211 | ) | (4,965 | ) | (6,305 | ) | (17,076 | ) | (5,895 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 51,190 | - | 16,744 | 8,372 | 10,753 | 100,000 | |||||||||||||||||||||
Contract maintenance charges | (25 | ) | (2,148 | ) | (270 | ) | (68 | ) | (86 | ) | (1,050 | ) | (745 | ) | ||||||||||||||
Contract owners’ benefits | - | (5,955 | ) | (345 | ) | - | - | (1,401 | ) | (2,939 | ) | |||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 2,793 | 19,144 | (107,964 | ) | 2,892 | 205,406 | 5,259 | 7,186 | ||||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 2,768 | 62,231 | (108,579 | ) | 19,568 | 213,692 | 13,561 | 103,502 | ||||||||||||||||||||
Total increase (decrease) in net assets | (768 | ) | 2,517 | (126,790 | ) | 14,603 | 207,387 | (3,515 | ) | 97,607 | ||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 10,976 | 179,269 | 146,463 | 19,775 | 31,274 | 119,529 | - | |||||||||||||||||||||
End of period | $ | 10,208 | $ | 181,786 | $ | 19,673 | $ | 34,378 | $ | 238,661 | $ | 116,014 | $ | 97,607 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
78
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
American Funds IS Washington Mutual Investors Fund, Class 4 | BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | BlackRock Global Allocation V.I. Fund, Class III | ClearBridge Variable Large Cap Growth Portfolio, Class II | ClearBridge Variable Mid Cap Portfolio, Class II | ClearBridge Variable Small Cap Growth Portfolio, Class II | Columbia VP Balanced Fund, Class 2 | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 1,740 | $ | 2,562 | $ | (360 | ) | $ | (4 | ) | $ | (4,048 | ) | $ | (1,866 | ) | $ | (2,237 | ) | |||||||||
Net realized gain (loss) on investments | 50,893 | (44 | ) | 561 | (0 | ) | 151,966 | (253 | ) | (139 | ) | |||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (70,613 | ) | (14,274 | ) | (4,006 | ) | (188 | ) | (312,483 | ) | (70,256 | ) | (20,977 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (17,980 | ) | (11,756 | ) | (3,805 | ) | (192 | ) | (164,565 | ) | (72,375 | ) | (23,353 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 3,753 | 48,737 | 23,782 | 5,826 | 5,826 | - | 9,551 | |||||||||||||||||||||
Contract maintenance charges | (2,516 | ) | (2,257 | ) | (360 | ) | - | (2,494 | ) | (1,654 | ) | (3,564 | ) | |||||||||||||||
Contract owners’ benefits | (5,380 | ) | (3,944 | ) | (696 | ) | - | (49,033 | ) | (7,768 | ) | (7,879 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 142,362 | 176,647 | 75 | - | (743,217 | ) | (110,758 | ) | 300,982 | |||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 138,219 | 219,183 | 22,801 | 5,826 | (788,918 | ) | (120,180 | ) | 299,090 | |||||||||||||||||||
Total increase (decrease) in net assets | 120,239 | 207,427 | 18,996 | 5,634 | (953,483 | ) | (192,555 | ) | 275,737 | |||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 154,795 | - | 21,052 | - | 1,160,525 | 314,837 | - | |||||||||||||||||||||
End of period | $ | 275,034 | $ | 207,427 | $ | 40,048 | $ | 5,634 | $ | 207,042 | $ | 122,282 | $ | 275,737 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
79
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Columbia VP Intermediate Bond Fund, Class 2 | Columbia VP Limited Duration Credit Fund, Class 2 | Columbia VP Strategic Income Fund, Class 2 | Dimensional VA Global Bond Portfolio | Dimensional VA International Small Portfolio | Dimensional VA International Value Portfolio | Dimensional VA Short-Term Fixed Portfolio | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 4,500 | $ | (38 | ) | $ | 143 | $ | 484 | $ | 326 | $ | 4,933 | $ | 838 | |||||||||||||
Net realized gain (loss) on investments | 35 | 1 | 278 | (5 | ) | 233 | (6,049 | ) | (17 | ) | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (31,651 | ) | 23 | (573 | ) | (1,917 | ) | (1,589 | ) | (3,916 | ) | (1,767 | ) | |||||||||||||||
Net increase (decrease) in net assets resulting from operations | (27,116 | ) | (14 | ) | (152 | ) | (1,438 | ) | (1,030 | ) | (5,032 | ) | (946 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 40,704 | 3,000 | 6,571 | 13,795 | 7,883 | 41,196 | 13,795 | |||||||||||||||||||||
Contract maintenance charges | (3,205 | ) | (91 | ) | (33 | ) | (44 | ) | (9 | ) | (415 | ) | (54 | ) | ||||||||||||||
Contract owners’ benefits | (9,320 | ) | (240 | ) | - | - | - | (6,545 | ) | - | ||||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 203,378 | 12,079 | 105 | (1 | ) | 171 | (47,527 | ) | (716 | ) | ||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 231,557 | 14,748 | 6,643 | 13,750 | 8,045 | (13,291 | ) | 13,025 | ||||||||||||||||||||
Total increase (decrease) in net assets | 204,441 | 14,734 | 6,491 | 12,312 | 7,015 | (18,323 | ) | 12,079 | ||||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 27,888 | - | - | 21,269 | 6,044 | 269,685 | 66,929 | |||||||||||||||||||||
End of period | $ | 232,329 | $ | 14,734 | $ | 6,491 | $ | 33,581 | $ | 13,059 | $ | 251,362 | $ | 79,008 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
80
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Dimensional VA US Large Value Portfolio | Dimensional VA US Targeted Value Portfolio | Fidelity VIP Asset Manager Portfolio, Service Class 2 | Fidelity VIP Balanced Portfolio, Service Class 2 | Fidelity VIP Contrafund Portfolio, Service Class 2 | Fidelity VIP Equity-Income Portfolio, Service Class 2 | Fidelity VIP FundsManager 20% Portfolio, Service Class 2 | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 7,138 | $ | 128 | $ | 16 | $ | 756 | $ | (45,631 | ) | $ | (1,429 | ) | $ | 271 | ||||||||||||
Net realized gain (loss) on investments | (522 | ) | 769 | 187 | 1,973 | 823,690 | 27,599 | (67 | ) | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (24,841 | ) | (974 | ) | (753 | ) | (36,324 | ) | (2,292,155 | ) | (40,657 | ) | (446 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (18,225 | ) | (77 | ) | (550 | ) | (33,595 | ) | (1,514,096 | ) | (14,487 | ) | (242 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 103,525 | 9,853 | - | 188,364 | 111,713 | - | 15,862 | |||||||||||||||||||||
Contract maintenance charges | (502 | ) | - | (43 | ) | (4,776 | ) | (35,919 | ) | - | (30 | ) | ||||||||||||||||
Contract owners’ benefits | (8,990 | ) | - | - | (9,226 | ) | (422,864 | ) | (108,360 | ) | (124 | ) | ||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (92,365 | ) | 1 | (32 | ) | 346,122 | (2,849,781 | ) | (18,832 | ) | (47 | ) | ||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 1,668 | 9,854 | (75 | ) | 520,484 | (3,196,851 | ) | (127,192 | ) | 15,661 | ||||||||||||||||||
Total increase (decrease) in net assets | (16,557 | ) | 9,777 | (625 | ) | 486,889 | (4,710,947 | ) | (141,679 | ) | 15,419 | |||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 328,877 | - | 3,370 | - | 7,547,079 | 231,929 | - | |||||||||||||||||||||
End of period | $ | 312,320 | $ | 9,777 | $ | 2,745 | $ | 486,889 | $ | 2,836,132 | $ | 90,250 | $ | 15,419 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
81
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Fidelity VIP FundsManager 85% Portfolio, Service Class 2 | Fidelity VIP Health Care Portfolio, Service Class 2 | Fidelity VIP Index 500 Portfolio, Service Class 2 | Fidelity VIP Investment Grade Bond Portfolio, Service Class 2 | Fidelity VIP Mid Cap Portfolio, Service Class 2 | Franklin DynaTech VIP Fund | Franklin Income VIP Fund, Class 2 | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 93 | $ | (109 | ) | $ | (21,343 | ) | $ | 28,834 | $ | (25,377 | ) | $ | (2,837 | ) | $ | 54,433 | ||||||||||
Net realized gain (loss) on investments | (0 | ) | 38 | 828,142 | 200,025 | 360,323 | 159,622 | 307,941 | ||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (295 | ) | 885 | (2,346,591 | ) | (966,822 | ) | (896,197 | ) | (302,082 | ) | (582,634 | ) | |||||||||||||||
Net increase (decrease) in net assets resulting from operations | (202 | ) | 814 | (1,539,792 | ) | (737,963 | ) | (561,251 | ) | (145,297 | ) | (220,260 | ) | |||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 11,652 | 2,448 | 301,264 | 197,798 | 13,958 | 44,365 | 156,804 | |||||||||||||||||||||
Contract maintenance charges | - | (143 | ) | (68,027 | ) | (67,706 | ) | (21,778 | ) | (2,081 | ) | (30,670 | ) | |||||||||||||||
Contract owners’ benefits | - | - | (470,277 | ) | (476,759 | ) | (367,682 | ) | (8,572 | ) | (493,342 | ) | ||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 0 | 14,100 | (2,350,258 | ) | 185,081 | (1,440,710 | ) | (388,482 | ) | (2,600,375 | ) | |||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 11,652 | 16,405 | (2,587,298 | ) | (161,586 | ) | (1,816,212 | ) | (354,770 | ) | (2,967,583 | ) | ||||||||||||||||
Total increase (decrease) in net assets | 11,450 | 17,219 | (4,127,090 | ) | (899,549 | ) | (2,377,463 | ) | (500,067 | ) | (3,187,843 | ) | ||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | - | - | 8,515,577 | 5,201,972 | 4,330,638 | 621,207 | 4,274,889 | |||||||||||||||||||||
End of period | $ | 11,450 | $ | 17,219 | $ | 4,388,487 | $ | 4,302,423 | $ | 1,953,175 | $ | 121,140 | $ | 1,087,046 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
82
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Franklin Multi-Asset Dynamic Multi-Strategy VIT, Class 2 | Franklin Mutual Shares VIP Fund, Class 2 | Franklin Rising Dividends VIP Fund, Class 2 | Franklin Small Cap Value VIP Fund, Class 2 | Franklin Small-Mid Cap Growth VIP Fund, Class 2 | Franklin U.S. Government Securities VIP Fund, Class 2 | Goldman Sachs VIT Core Fixed Income Fund, Service Shares | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (54,541 | ) | $ | (1,341 | ) | $ | (26,169 | ) | $ | (2,834 | ) | $ | (10,154 | ) | $ | 31,353 | $ | 681 | |||||||||
Net realized gain (loss) on investments | 644,739 | 506,098 | 831,042 | 151,794 | 191,655 | (75,856 | ) | (1,456 | ) | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (1,547,429 | ) | (799,031 | ) | (1,610,419 | ) | (219,440 | ) | (499,362 | ) | (339,807 | ) | (64,164 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (957,231 | ) | (294,274 | ) | (805,546 | ) | (70,480 | ) | (317,861 | ) | (384,310 | ) | (64,939 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 9 | 3,523 | 56,202 | - | 7,896 | 257,136 | 50,215 | |||||||||||||||||||||
Contract maintenance charges | (70,407 | ) | (27,099 | ) | (38,370 | ) | (5,634 | ) | (7,330 | ) | (49,460 | ) | (4,113 | ) | ||||||||||||||
Contract owners’ benefits | (300,249 | ) | (344,762 | ) | (396,171 | ) | (19,980 | ) | (95,802 | ) | (435,065 | ) | (51,808 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (5,880,291 | ) | (1,865,698 | ) | (409,652 | ) | (311,312 | ) | (90,368 | ) | 55,672 | 28,275 | ||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (6,250,938 | ) | (2,234,036 | ) | (787,991 | ) | (336,926 | ) | (185,604 | ) | (171,717 | ) | 22,569 | |||||||||||||||
Total increase (decrease) in net assets | (7,208,169 | ) | (2,528,310 | ) | (1,593,537 | ) | (407,406 | ) | (503,465 | ) | (556,027 | ) | (42,370 | ) | ||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 7,208,169 | 4,268,289 | 5,748,223 | 805,722 | 1,055,998 | 3,536,949 | 426,365 | |||||||||||||||||||||
End of period | $ | - | $ | 1,739,979 | $ | 4,154,686 | $ | 398,316 | $ | 552,533 | $ | 2,980,922 | $ | 383,995 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
83
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Goldman Sachs VIT International Equity Insights Fund, Institutional Shares | Goldman Sachs VIT International Equity Insights Fund, Service Shares | Goldman Sachs VIT Large Cap Value Fund, Service Shares | Goldman Sachs VIT Mid Cap Growth Fund, Service Shares | Goldman Sachs VIT Mid Cap Value Fund, Service Shares | Goldman Sachs VIT Small Cap Equity Insights Fund, Institutional Shares | Goldman Sachs VIT Small Cap Equity Insights Fund, Service Shares | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 45 | $ | 5,338 | $ | (2,317 | ) | $ | (1,988 | ) | $ | (16,377 | ) | $ | (185 | ) | $ | (24 | ) | |||||||||
Net realized gain (loss) on investments | (28 | ) | 3,517 | 71,281 | (11,116 | ) | 232,060 | 139 | 234 | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (459 | ) | (77,903 | ) | (144,668 | ) | (53,714 | ) | (546,051 | ) | (4,067 | ) | (1,520 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (442 | ) | (69,048 | ) | (75,704 | ) | (66,818 | ) | (330,368 | ) | (4,113 | ) | (1,310 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 43 | 18 | 8,372 | 7,892 | - | 23,160 | |||||||||||||||||||||
Contract maintenance charges | (6 | ) | (3,481 | ) | (8,849 | ) | (1,728 | ) | (18,656 | ) | (9 | ) | - | |||||||||||||||
Contract owners’ benefits | (76 | ) | (70,286 | ) | (46,879 | ) | (9,218 | ) | (142,336 | ) | - | (145 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | - | (80,230 | ) | (110,774 | ) | (148,011 | ) | (778,320 | ) | 1 | - | |||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (82 | ) | (153,954 | ) | (166,484 | ) | (150,585 | ) | (931,420 | ) | (8 | ) | 23,015 | |||||||||||||||
Total increase (decrease) in net assets | (524 | ) | (223,002 | ) | (242,188 | ) | (217,403 | ) | (1,261,788 | ) | (4,121 | ) | 21,705 | |||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 2,927 | 530,033 | 977,088 | 336,546 | 2,490,595 | 20,057 | - | |||||||||||||||||||||
End of period | $ | 2,403 | $ | 307,031 | $ | 734,900 | $ | 119,143 | $ | 1,228,807 | $ | 15,936 | $ | 21,705 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
84
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Goldman Sachs VIT Strategic Growth Fund, Institutional Shares | Goldman Sachs VIT Strategic Growth Fund, Service Shares | Goldman Sachs VIT Trend Driven Allocation, Service Shares | Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Shares | Goldman Sachs VIT U.S. Equity Insights Fund, Service Shares | Invesco V.I. American Franchise Fund, Series I | Invesco V.I. American Value Fund, Series II | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (840 | ) | $ | (17,227 | ) | $ | (2,714 | ) | $ | (450 | ) | $ | (162 | ) | $ | (919 | ) | $ | (2,284 | ) | |||||||
Net realized gain (loss) on investments | 8,399 | 565,318 | 9,040 | (149 | ) | (105 | ) | 15,959 | 61,501 | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (34,195 | ) | (1,260,231 | ) | (51,611 | ) | (18,122 | ) | (4,101 | ) | (42,216 | ) | (76,752 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (26,636 | ) | (712,140 | ) | (45,285 | ) | (18,721 | ) | (4,368 | ) | (27,176 | ) | (17,535 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 13,988 | - | - | - | - | 23,000 | |||||||||||||||||||||
Contract maintenance charges | (56 | ) | (13,836 | ) | (3,621 | ) | (32 | ) | (185 | ) | (8 | ) | (2,805 | ) | ||||||||||||||
Contract owners’ benefits | (3,816 | ) | (135,959 | ) | (10,442 | ) | (2,669 | ) | (832 | ) | (4,482 | ) | (28,700 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 9 | (2,019,372 | ) | 103,019 | 7 | (521 | ) | 9 | (2,151 | ) | ||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (3,863 | ) | (2,155,179 | ) | 88,956 | (2,694 | ) | (1,538 | ) | (4,481 | ) | (10,656 | ) | |||||||||||||||
Total increase (decrease) in net assets | (30,499 | ) | (2,867,319 | ) | 43,671 | (21,415 | ) | (5,906 | ) | (31,657 | ) | (28,191 | ) | |||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 80,975 | 3,789,290 | 195,318 | 90,505 | 21,478 | 86,433 | 316,381 | |||||||||||||||||||||
End of period | $ | 50,476 | $ | 921,971 | $ | 238,989 | $ | 69,090 | $ | 15,572 | $ | 54,776 | $ | 288,190 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
85
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Balanced-Risk Allocation Fund Class, Series II | Invesco V.I. Capital Appreciation Fund, Series I | Invesco V.I. Capital Appreciation Fund, Series II | Invesco V.I. Comstock Fund, Series I | Invesco V.I. Comstock Fund, Series II | Invesco V.I. Conservative Balanced Fund, Series II | Invesco V.I. Discovery Mid Cap Growth Fund, Series I | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 431,553 | $ | (1,545 | ) | $ | (2,627 | ) | $ | 169 | $ | (2,093 | ) | $ | 79 | $ | (839 | ) | ||||||||||
Net realized gain (loss) on investments | 190,808 | 36,331 | 126,731 | 3,050 | 78,998 | 1,044 | 14,760 | |||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (1,807,813 | ) | (80,148 | ) | (236,232 | ) | (3,450 | ) | (120,854 | ) | (1,412 | ) | (40,159 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (1,185,452 | ) | (45,362 | ) | (112,128 | ) | (231 | ) | (43,949 | ) | (289 | ) | (26,238 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 6,000 | - | 10 | - | 117,650 | 13,064 | - | |||||||||||||||||||||
Contract maintenance charges | (125,925 | ) | (25 | ) | (730 | ) | (32 | ) | (6,748 | ) | (66 | ) | (12 | ) | ||||||||||||||
Contract owners’ benefits | (622,098 | ) | (6,561 | ) | (59,787 | ) | (1,434 | ) | (27,857 | ) | - | (4,844 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 366,950 | 12 | (364,149 | ) | (363 | ) | 223,857 | 150 | 5 | |||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (375,073 | ) | (6,574 | ) | (424,656 | ) | (1,829 | ) | 306,902 | 13,148 | (4,851 | ) | ||||||||||||||||
Total increase (decrease) in net assets | (1,560,525 | ) | (51,936 | ) | (536,784 | ) | (2,060 | ) | 262,953 | 12,859 | (31,089 | ) | ||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 7,647,691 | 145,048 | 628,683 | 79,034 | 695,656 | - | 83,259 | |||||||||||||||||||||
End of period | $ | 6,087,166 | $ | 93,112 | $ | 91,899 | $ | 76,974 | $ | 958,609 | $ | 12,859 | $ | 52,170 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
86
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Discovery Mid Cap Growth Fund, Series II | Invesco V.I. Equity and Income Fund, Series II | Invesco V.I. EQV International Equity Fund, Series II | Invesco V.I. Global Fund, Series I | Invesco V.I. Global Fund, Series II | Invesco V.I. Global Real Estate Fund, Series II | Invesco V.I. Global Strategic Income Fund | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (2,245 | ) | $ | (3,076 | ) | $ | 2,717 | $ | (991 | ) | $ | (16,375 | ) | $ | (628 | ) | $ | (111 | ) | ||||||||
Net realized gain (loss) on investments | 85,253 | 323,751 | (28,671 | ) | 11,327 | 484,285 | (13,636 | ) | (44 | ) | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (169,983 | ) | (464,414 | ) | (37,107 | ) | (42,119 | ) | (1,053,032 | ) | (61,768 | ) | (988 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (86,975 | ) | (143,739 | ) | (63,061 | ) | (31,783 | ) | (585,122 | ) | (76,032 | ) | (1,143 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 178,924 | 4,191 | - | 2,611 | 4,186 | - | |||||||||||||||||||||
Contract maintenance charges | (1,965 | ) | (17,707 | ) | (753 | ) | (12 | ) | (11,779 | ) | (1,056 | ) | (6 | ) | ||||||||||||||
Contract owners’ benefits | (4,758 | ) | (92,719 | ) | (18,758 | ) | (5,870 | ) | (131,990 | ) | (5,905 | ) | (278 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (191,268 | ) | (834,229 | ) | (124,227 | ) | 11 | (1,445,008 | ) | (336,577 | ) | - | ||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (197,991 | ) | (765,731 | ) | (139,547 | ) | (5,871 | ) | (1,586,166 | ) | (339,352 | ) | (284 | ) | ||||||||||||||
Total increase (decrease) in net assets | (284,966 | ) | (909,470 | ) | (202,608 | ) | (37,654 | ) | (2,171,288 | ) | (415,384 | ) | (1,427 | ) | ||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 408,639 | 2,012,687 | 321,779 | 98,514 | 3,061,493 | 444,198 | 9,060 | |||||||||||||||||||||
End of period | $ | 123,673 | $ | 1,103,217 | $ | 119,171 | $ | 60,860 | $ | 890,205 | $ | 28,814 | $ | 7,633 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
87
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. Global Strategic Income Fund, Series II | Invesco V.I. Government Securities Fund, Series II | Invesco V.I. Growth and Income Fund, Series I | Invesco V.I. Growth and Income Fund, Series II | Invesco V.I. Main Street Fund, Series I | Invesco V.I. Main Street Fund, Series II | Invesco V.I. Small Cap Equity Fund, Series II | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (62,197 | ) | $ | 4,800 | $ | 61 | $ | (24,935 | ) | $ | 26 | $ | (3,140 | ) | $ | (406 | ) | ||||||||||
Net realized gain (loss) on investments | (56,740 | ) | (4,247 | ) | 2,276 | 1,006,488 | 12,263 | 350,505 | 9,867 | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (507,377 | ) | (63,724 | ) | (4,085 | ) | (1,495,573 | ) | (20,461 | ) | (599,694 | ) | (19,692 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (626,314 | ) | (63,171 | ) | (1,748 | ) | (514,020 | ) | (8,172 | ) | (252,329 | ) | (10,231 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 15,957 | 85,081 | - | 1,869 | - | 41,274 | 8,372 | |||||||||||||||||||||
Contract maintenance charges | (61,888 | ) | (6,845 | ) | (17 | ) | (45,433 | ) | (35 | ) | (6,196 | ) | (80 | ) | ||||||||||||||
Contract owners’ benefits | (462,193 | ) | (64,148 | ) | - | (323,114 | ) | (212 | ) | (174,896 | ) | (167 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 198,047 | 241,641 | (229 | ) | (2,062,926 | ) | 5 | (539,266 | ) | (67,504 | ) | |||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (310,077 | ) | 255,729 | (246 | ) | (2,429,604 | ) | (242 | ) | (679,084 | ) | (59,379 | ) | |||||||||||||||
Total increase (decrease) in net assets | (936,391 | ) | 192,558 | (1,994 | ) | (2,943,624 | ) | (8,414 | ) | (931,413 | ) | (69,610 | ) | |||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 4,891,131 | 426,385 | 25,077 | 5,895,840 | 38,414 | 1,500,509 | 102,462 | |||||||||||||||||||||
End of period | $ | 3,954,740 | $ | 618,943 | $ | 23,083 | $ | 2,952,216 | $ | 30,000 | $ | 569,096 | $ | 32,852 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
88
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Invesco V.I. U.S. Government Money Portfolio, Series I | Lord Abbett Series Fund Bond Debenture Portfolio | Lord Abbett Series Fund Fundamental Equity Portfolio | Lord Abbett Series Fund Growth and Income Portfolio | Lord Abbett Series Fund Growth Opportunities Portfolio | Lord Abbett Series Fund Inc. Dividend Growth Portfolio | Lord Abbett Series Fund Mid Cap Stock Portfolio | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 18,433 | $ | 153,122 | $ | (7,836 | ) | $ | (925 | ) | $ | (2,867 | ) | $ | (2,958 | ) | $ | (961 | ) | |||||||||
Net realized gain (loss) on investments | - | (70,055 | ) | 312,135 | 21,746 | 11,053 | 63,970 | 4,538 | ||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | - | (971,581 | ) | (609,819 | ) | (59,621 | ) | (118,919 | ) | (215,609 | ) | (31,656 | ) | |||||||||||||||
Net increase (decrease) in net assets resulting from operations | 18,433 | (888,514 | ) | (305,520 | ) | (38,800 | ) | (110,733 | ) | (154,597 | ) | (28,079 | ) | |||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 34,820 | 26,873 | 4,273 | 50 | 5 | 44,464 | 9 | |||||||||||||||||||||
Contract maintenance charges | (607,912 | ) | (88,125 | ) | (16,735 | ) | (3,979 | ) | (2,505 | ) | (7,369 | ) | (1,608 | ) | ||||||||||||||
Contract owners’ benefits | (3,505,117 | ) | (693,701 | ) | (153,942 | ) | (20,348 | ) | (11,172 | ) | (40,612 | ) | (3,837 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 28,610,699 | 117,908 | (1,164,633 | ) | (40,900 | ) | (127,308 | ) | (405,701 | ) | (47,109 | ) | ||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 24,532,490 | (637,045 | ) | (1,331,037 | ) | (65,177 | ) | (140,980 | ) | (409,218 | ) | (52,545 | ) | |||||||||||||||
Total increase (decrease) in net assets | 24,550,923 | (1,525,559 | ) | (1,636,557 | ) | (103,977 | ) | (251,713 | ) | (563,815 | ) | (80,624 | ) | |||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 7,226,533 | 6,494,736 | 2,531,107 | 378,049 | 433,793 | 1,015,420 | 239,393 | |||||||||||||||||||||
End of period | $ | 31,777,456 | $ | 4,969,177 | $ | 894,550 | $ | 274,072 | $ | 182,080 | $ | 451,605 | $ | 158,769 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
89
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Lord Abbett Series Fund Short Duration Income Portfolio | MFS Emerging Markets Equity Portfolio, Service Class | MFS Growth Series, Initial Class | MFS Growth Series, Service Class | MFS International Intrinsic Value Portfolio, Service Class | MFS Investors Trust Series, Initial Class | MFS Investors Trust Series, Service Class | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 337 | $ | 112 | $ | (1,144 | ) | $ | (9,716 | ) | $ | (111 | ) | $ | (502 | ) | $ | (3,953 | ) | |||||||||
Net realized gain (loss) on investments | (131 | ) | 290 | 8,100 | 87,700 | 607 | 9,255 | 77,593 | ||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (1,229 | ) | (1,456 | ) | (42,110 | ) | (384,081 | ) | (4,763 | ) | (22,891 | ) | (154,916 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (1,023 | ) | (1,054 | ) | (35,154 | ) | (306,097 | ) | (4,267 | ) | (14,138 | ) | (81,276 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 8,391 | - | - | - | 358 | - | 18 | |||||||||||||||||||||
Contract maintenance charges | (203 | ) | (11 | ) | (11 | ) | (4,752 | ) | (6 | ) | - | (4,052 | ) | |||||||||||||||
Contract owners’ benefits | (833 | ) | - | (4,005 | ) | (14,390 | ) | (794 | ) | (3,964 | ) | (57,135 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (1,174 | ) | 1 | 864 | 40,234 | 1,471 | 6 | (6,212 | ) | |||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 6,181 | (10 | ) | (3,152 | ) | 21,092 | 1,029 | (3,958 | ) | (67,381 | ) | |||||||||||||||||
Total increase (decrease) in net assets | 5,158 | (1,064 | ) | (38,306 | ) | (285,005 | ) | (3,238 | ) | (18,096 | ) | (148,657 | ) | |||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 13,985 | 5,022 | 108,692 | 930,893 | 17,058 | 80,666 | 491,315 | |||||||||||||||||||||
End of period | $ | 19,143 | $ | 3,958 | $ | 70,386 | $ | 645,888 | $ | 13,820 | $ | 62,570 | $ | 342,658 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
90
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
MFS Massachusetts Investors Growth Stock Portfolio, Service Class | MFS New Discovery Series, Initial Class | MFS New Discovery Series, Service Class | MFS Research Series, Initial Class | MFS Research Series, Service Class | MFS Total Return Bond Series, Service Class | MFS Total Return Series, Initial Class | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (1,709 | ) | $ | (138 | ) | $ | (8,361 | ) | $ | (292 | ) | $ | (492 | ) | $ | 13,071 | $ | 172 | |||||||||
Net realized gain (loss) on investments | 15,935 | 2,990 | 204,290 | 4,041 | 6,792 | 3,454 | 4,569 | |||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (43,072 | ) | (6,857 | ) | (409,506 | ) | (10,555 | ) | (17,573 | ) | (228,062 | ) | (11,753 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (28,846 | ) | (4,005 | ) | (213,577 | ) | (6,806 | ) | (11,273 | ) | (211,537 | ) | (7,012 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 765 | - | - | - | - | 37 | - | |||||||||||||||||||||
Contract maintenance charges | (1,324 | ) | (22 | ) | (7,063 | ) | (3 | ) | (759 | ) | (18,979 | ) | (26 | ) | ||||||||||||||
Contract owners’ benefits | (7,341 | ) | (269 | ) | (36,074 | ) | - | (6,487 | ) | (123,240 | ) | (2,340 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (843 | ) | 347 | 136,550 | 2 | 1,841 | 62,093 | (602 | ) | |||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (8,743 | ) | 56 | 93,413 | (1 | ) | (5,405 | ) | (80,089 | ) | (2,968 | ) | ||||||||||||||||
Total increase (decrease) in net assets | (37,589 | ) | (3,949 | ) | (120,164 | ) | (6,807 | ) | (16,678 | ) | (291,626 | ) | (9,980 | ) | ||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 144,849 | 12,852 | 643,488 | 37,050 | 63,708 | 1,399,108 | 64,231 | |||||||||||||||||||||
End of period | $ | 107,260 | $ | 8,903 | $ | 523,324 | $ | 30,243 | $ | 47,030 | $ | 1,107,482 | $ | 54,251 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
91
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
MFS Total Return Series, Service Class | MFS Utilities Series, Initial Class | MFS Utilities Series, Service Class | MFS Value Series, Service Class | Morgan Stanley VIF Global Real Estate Portfolio, Class II | PIMCO All Asset Portfolio | PIMCO Global Diversified Allocation Portfolio | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 46 | $ | 54 | $ | 1,596 | $ | (1,111 | ) | $ | 9,011 | $ | 2,356 | $ | 22,218 | |||||||||||||
Net realized gain (loss) on investments | 17,022 | 204 | 18,460 | 47,039 | 8,598 | 20,149 | 20,986 | |||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (41,204 | ) | (293 | ) | (21,661 | ) | (84,411 | ) | (120,715 | ) | (35,632 | ) | (188,622 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (24,136 | ) | (35 | ) | (1,605 | ) | (38,483 | ) | (103,106 | ) | (13,127 | ) | (145,418 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 32 | - | 60 | - | - | 18,162 | 4,945 | |||||||||||||||||||||
Contract maintenance charges | (2,082 | ) | (10 | ) | (2,420 | ) | (5,837 | ) | (3,822 | ) | (678 | ) | (8,781 | ) | ||||||||||||||
Contract owners’ benefits | (6,276 | ) | - | (6,336 | ) | (37,770 | ) | (14,624 | ) | (9,666 | ) | (79,731 | ) | |||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (8,424 | ) | - | (30,424 | ) | (30,765 | ) | (24,981 | ) | (229,536 | ) | 174,868 | ||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (16,750 | ) | (10 | ) | (39,120 | ) | (74,372 | ) | (43,427 | ) | (221,718 | ) | 91,301 | |||||||||||||||
Total increase (decrease) in net assets | (40,886 | ) | (45 | ) | (40,725 | ) | (112,855 | ) | (146,533 | ) | (234,845 | ) | (54,117 | ) | ||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 219,275 | 5,423 | 236,148 | 510,860 | 393,347 | 292,363 | 951,684 | |||||||||||||||||||||
End of period | $ | 178,389 | $ | 5,378 | $ | 195,423 | $ | 398,005 | $ | 246,814 | $ | 57,518 | $ | 897,567 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
92
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
PIMCO Long-Term U.S. Government Portfolio, Advisor Class | PIMCO Low Duration Portfolio, Advisor Class | PIMCO Real Return Portfolio, Advisor Class | PIMCO Short-Term Portfolio, Advisor Class | PIMCO Total Return Portfolio, Advisor Class | Protective Life Dynamic Allocation Series Conservative Portfolio | Protective Life Dynamic Allocation Series Growth Portfolio | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 4,824 | $ | 3,774 | $ | 239,265 | $ | 2,503 | $ | 111,635 | $ | 778 | $ | (311 | ) | |||||||||||||
Net realized gain (loss) on investments | (11,848 | ) | (16,554 | ) | (62,310 | ) | (1,470 | ) | (105,414 | ) | 31,365 | 944 | ||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (411,223 | ) | (108,817 | ) | (808,913 | ) | (24,707 | ) | (1,847,451 | ) | (260,747 | ) | (55,135 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (418,247 | ) | (121,597 | ) | (631,958 | ) | (23,674 | ) | (1,841,230 | ) | (228,604 | ) | (54,502 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 22,359 | 7,719 | 60,171 | 191,211 | 49,783 | - | |||||||||||||||||||||
Contract maintenance charges | (17,634 | ) | (24,128 | ) | (74,894 | ) | (21,522 | ) | (163,721 | ) | (15,450 | ) | (2,689 | ) | ||||||||||||||
Contract owners’ benefits | (127,984 | ) | (200,474 | ) | (443,799 | ) | (214,439 | ) | (1,012,937 | ) | (34,955 | ) | (7,055 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 188,545 | 11,376 | 75,577 | (48,687 | ) | 465,709 | 1,089,788 | (3,759 | ) | |||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 42,927 | (190,867 | ) | (435,397 | ) | (224,477 | ) | (519,738 | ) | 1,089,166 | (13,503 | ) | ||||||||||||||||
Total increase (decrease) in net assets | (375,320 | ) | (312,464 | ) | (1,067,355 | ) | (248,151 | ) | (2,360,968 | ) | 860,562 | (68,005 | ) | |||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 1,381,558 | 1,801,820 | 5,038,825 | 1,518,635 | 11,886,046 | 815,762 | 272,894 | |||||||||||||||||||||
End of period | $ | 1,006,238 | $ | 1,489,356 | $ | 3,971,470 | $ | 1,270,484 | $ | 9,525,078 | $ | 1,676,324 | $ | 204,889 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
93
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Protective Life Dynamic Allocation Series Moderate Portfolio | Royce Capital Fund Micro Cap Portfolio, Service Class | Royce Capital Fund Small Cap Portfolio, Service Class | T. Rowe Price Blue Chip Growth Portfolio, Class II | T. Rowe Price Health Sciences Portfolio, Class II | Templeton Developing Markets VIP Fund, Class 2 | Templeton Foreign VIP Fund, Class 2 | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (1,788 | ) | $ | (7,589 | ) | $ | (15,268 | ) | $ | (1,080 | ) | $ | (1,478 | ) | $ | 2,262 | $ | 23,776 | |||||||||
Net realized gain (loss) on investments | 5,313 | 191,470 | 215,851 | (14,780 | ) | 3,332 | 12,764 | (4,460 | ) | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (126,332 | ) | (366,717 | ) | (503,410 | ) | (45,082 | ) | 1,745 | (63,489 | ) | (200,943 | ) | |||||||||||||||
Net increase (decrease) in net assets resulting from operations | (122,807 | ) | (182,836 | ) | (302,827 | ) | (60,942 | ) | 3,599 | (48,463 | ) | (181,627 | ) | |||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | - | 18 | 2,047 | 74,644 | 45,302 | - | 17,417 | |||||||||||||||||||||
Contract maintenance charges | (7,866 | ) | (3,525 | ) | (14,323 | ) | (1,034 | ) | (2,165 | ) | (6 | ) | (26,042 | ) | ||||||||||||||
Contract owners’ benefits | (25,066 | ) | (16,495 | ) | (156,739 | ) | (10,645 | ) | (4,268 | ) | (6,171 | ) | (104,752 | ) | ||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | (2,673 | ) | (324,159 | ) | (176,329 | ) | 147,640 | 158,829 | 430 | 300,917 | ||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (35,605 | ) | (344,161 | ) | (345,344 | ) | 210,605 | 197,698 | (5,747 | ) | 187,540 | |||||||||||||||||
Total increase (decrease) in net assets | (158,412 | ) | (526,997 | ) | (648,171 | ) | 149,663 | 201,297 | (54,210 | ) | 5,913 | |||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 672,758 | 989,572 | 2,433,150 | 29,388 | - | 210,940 | 1,950,794 | |||||||||||||||||||||
End of period | $ | 514,346 | $ | 462,575 | $ | 1,784,979 | $ | 179,051 | $ | 201,297 | $ | 156,730 | $ | 1,956,707 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
94
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Templeton Global Bond VIP Fund, Class 2 | Templeton Growth VIP Fund, Class 2 | Vanguard VIF Capital Growth Portfolio | Vanguard VIF Conservative Allocation Portfolio | Vanguard VIF Equity Index Portfolio | Vanguard VIF Global Bond Index Portfolio | Vanguard VIF Growth Portfolio | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | (74,972 | ) | $ | (1,083 | ) | $ | (68 | ) | $ | 811 | $ | 582 | $ | 855 | $ | (119 | ) | ||||||||||
Net realized gain (loss) on investments | (232,518 | ) | (134 | ) | (16 | ) | 1,608 | 2,568 | 339 | 10,712 | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (50,545 | ) | (11,509 | ) | (1,224 | ) | (8,670 | ) | (15,734 | ) | (6,344 | ) | (26,624 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (358,035 | ) | (12,726 | ) | (1,308 | ) | (6,251 | ) | (12,584 | ) | (5,150 | ) | (16,031 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 65,646 | - | 34,739 | - | 21,677 | - | 23,404 | |||||||||||||||||||||
Contract maintenance charges | (94,008 | ) | (1,385 | ) | - | - | (47 | ) | (3 | ) | (26 | ) | ||||||||||||||||
Contract owners’ benefits | (729,120 | ) | (5,043 | ) | (221 | ) | - | - | - | (70 | ) | |||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 46,827 | 30,418 | - | 2 | (54 | ) | 1 | 667 | ||||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | (710,655 | ) | 23,990 | 34,518 | 2 | 21,576 | (2 | ) | 23,975 | |||||||||||||||||||
Total increase (decrease) in net assets | (1,068,690 | ) | 11,264 | 33,210 | (6,249 | ) | 8,992 | (5,152 | ) | 7,944 | ||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 6,017,971 | 93,720 | - | 41,248 | 65,747 | 38,311 | 41,450 | |||||||||||||||||||||
End of period | $ | 4,949,281 | $ | 104,984 | $ | 33,210 | $ | 34,999 | $ | 74,739 | $ | 33,159 | $ | 49,394 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
95
VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Vanguard VIF International Portfolio | Vanguard VIF Mid-Cap Index Portfolio | Vanguard VIF Moderate Allocation Portfolio | Vanguard VIF Real Estate Index Portfolio | Vanguard VIF Short-Term Investment-Grade Portfolio | Vanguard VIF Total Bond Market Index Portfolio | Vanguard VIF Total International Stock Market Index Portfolio | ||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 110 | $ | 230 | $ | (737 | ) | $ | 295 | $ | 1,012 | $ | 1,577 | $ | (44 | ) | ||||||||||||
Net realized gain (loss) on investments | 2,168 | 3,857 | (225 | ) | 814 | 579 | 630 | (15 | ) | |||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (7,169 | ) | (14,977 | ) | (36,294 | ) | (7,186 | ) | (6,405 | ) | (16,101 | ) | (769 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from operations | (4,891 | ) | (10,890 | ) | (37,256 | ) | (6,077 | ) | (4,814 | ) | (13,894 | ) | (828 | ) | ||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 11,824 | 46,563 | 648,408 | 5,912 | 13,795 | 27,589 | 23,160 | |||||||||||||||||||||
Contract maintenance charges | (20 | ) | (30 | ) | - | (15 | ) | (62 | ) | (74 | ) | - | ||||||||||||||||
Contract owners’ benefits | - | (214 | ) | (1,998 | ) | - | - | - | (145 | ) | ||||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 869 | 133 | 6 | 39 | (438 | ) | 54 | - | ||||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 12,673 | 46,452 | 646,416 | 5,936 | 13,295 | 27,569 | 23,015 | |||||||||||||||||||||
Total increase (decrease) in net assets | 7,782 | 35,562 | 609,160 | (141 | ) | 8,481 | 13,675 | 22,187 | ||||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 14,507 | 42,763 | - | 22,484 | 79,699 | 99,707 | - | |||||||||||||||||||||
End of period | $ | 22,289 | $ | 78,325 | $ | 609,160 | $ | 22,343 | $ | 88,180 | $ | 113,382 | $ | 22,187 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Continued)
See accompanying notes to financial statements.
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VARIABLE ANNUITY ACCOUNT A
STATEMENTS OF CHANGES IN NET ASSETS
FOR THE YEAR ENDED DECEMBER 31, 2022
SUBACCOUNTS | ||||||||||||||||||||||||||||
Western Asset Core Plus VIT Portfolio, Class II | ||||||||||||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS: | ||||||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||||||
Net investment income (loss) | $ | 2,543 | ||||||||||||||||||||||||||
Net realized gain (loss) on investments | (42 | ) | ||||||||||||||||||||||||||
Change in net unrealized appreciation (depreciation) on investments | (19,734 | ) | ||||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (17,233 | ) | ||||||||||||||||||||||||||
CONTRACT TRANSACTIONS: | ||||||||||||||||||||||||||||
Contract owners’ net payments | 169,799 | |||||||||||||||||||||||||||
Contract maintenance charges | (1,265 | ) | ||||||||||||||||||||||||||
Contract owners’ benefits | (2,553 | ) | ||||||||||||||||||||||||||
Net transfers (to) from the Company and/or Subaccounts | 26,652 | |||||||||||||||||||||||||||
Increase (decrease) in net assets resulting from Contract transactions | 192,633 | |||||||||||||||||||||||||||
Total increase (decrease) in net assets | 175,400 | |||||||||||||||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||||||
Beginning of period | 41,909 | |||||||||||||||||||||||||||
End of period | $ | 217,309 |
Note: Totals may not appear to foot/crossfoot due to rounding.
(Concluded)
See accompanying notes to financial statements.
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VARIABLE ANNUITY ACCOUNT A
NOTES
TO FINANCIAL STATEMENTS
YEAR ENDED DECEMBER 31, 2023
1. | ORGANIZATION |
The Variable Annuity Account A (the “Separate Account”), a segregated unit investment trust registered under the Investment Company Act of 1940, as amended, was established by Protective Life and Annuity Insurance Company (“PLAIC” or the “Company”) on August 21, 1998, and exists in accordance with the regulations of the New York State Department of Financial Services. The Company is a wholly owned subsidiary of Protective Life Insurance Company (“PLICO”). PLICO is a wholly owned subsidiary of Protective Life Corporation (“PLC”). PLC is a wholly owned subsidiary of Dai-ichi Life International Holding, LLC, a godo kaisha organized under the laws of Japan
Under applicable insurance law, the assets and liabilities of the Separate Account are clearly identified and distinguished from the Company’s other assets and liabilities. The portion of the Separate Account’s assets applicable to the variable annuity contracts (the “Contracts”) is not chargeable with liabilities arising out of any other business the Company may conduct.
The Separate Account is a funding vehicle for individual variable annuity Contracts; it consists of a number of subaccounts (the “Subaccounts”), also commonly referred to as investment divisions or funds, each of which is treated as an individual accounting entity for financial reporting purposes. The Separate Account’s value at any time is allocated among Contract owners based on the number and value of their accumulation units representing their interest in the Separate Account; all of the investible assets of the Separate Account are invested in the corresponding mutual funds.
Contract owners may allocate some or all of the applicable net contributions or transfer some or all of the Contract value to the Company’s guaranteed account, which is not included in these financial statements. The assets of the Company support its insurance and annuity obligations and are subject to the Company’s general liabilities from business operations.
Contract owners’ net contributions are allocated to the Subaccounts in accordance with Contract owner instructions and are recorded as Contract owners’ net payments in the Statements of Changes in Net Assets. Such amounts are used to provide account funds to pay Contract values under the Contracts.
The following is a list of the variable annuity products funded by the Separate Account:
Elements Classic Variable Annuity NY Protective Aspirations NY Variable Annuity Protective Investors Benefit Advisory Variable Annuity NY Protective Variable Annuity II B Series NY Protective Variable Annuity NY Protective Variable Annuity NY B, C, & L Series ProtectiveAccess XL NY ProtectiveRewards Elite NY Variable Annuity ProtectiveRewards NY Variable Annuity |
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For the years or periods ended December 31, 2023 and 2022, the Separate Account was invested in up to 143 Subaccounts, as follows:
AB VPS Discovery Value Portfolio, Class B |
AB VPS Large Cap Growth Portfolio, Class B (a) |
AB VPS Small Cap Growth Portfolio, Class B |
American Funds IS Asset Allocation Fund, Class 4 |
American Funds IS Capital Income Builder, Class 4 |
American Funds IS Capital World Growth and Income Fund, Class 4 |
American Funds IS Global Growth Fund, Class 4 |
American Funds IS Global Small Capitalization Fund, Class 4 |
American Funds IS Growth Fund, Class 4 |
American Funds IS Growth-Income Fund, Class 4 |
American Funds IS International Fund, Class 4 |
American Funds IS New World Fund, Class 4 |
American Funds IS The Bond Fund of America, Class 4 |
American Funds IS U.S. Government Securities Fund, Class 4 (a) |
American Funds IS Washington Mutual Investors Fund, Class 4 |
BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III (a) |
BlackRock Global Allocation V.I. Fund, Class III |
ClearBridge Variable Large Cap Growth Portfolio, Class II (a) |
ClearBridge Variable Mid Cap Portfolio, Class II |
ClearBridge Variable Small Cap Growth Portfolio, Class II |
Columbia VP Balanced Fund, Class 2 (a) |
Columbia VP Intermediate Bond Fund, Class 2 |
Columbia VP Limited Duration Credit Fund, Class 2 (a) |
Columbia VP Strategic Income Fund, Class 2 (a) |
Dimensional VA Global Bond Portfolio |
Dimensional VA International Small Portfolio |
Dimensional VA International Value Portfolio |
Dimensional VA Short-Term Fixed Portfolio |
Dimensional VA US Large Value Portfolio |
Dimensional VA US Targeted Value Portfolio (a) |
Fidelity VIP Asset Manager Portfolio, Service Class 2 |
Fidelity VIP Balanced Portfolio, Service Class 2 (a) |
Fidelity VIP Contrafund Portfolio, Service Class 2 |
Fidelity VIP Equity-Income Portfolio, Service Class 2 |
Fidelity VIP FundsManager 20% Portfolio, Service Class 2 (a) |
Fidelity VIP FundsManager 85% Portfolio, Service Class 2 (a) |
Fidelity VIP Health Care Portfolio, Service Class 2 (a) |
Fidelity VIP Index 500 Portfolio, Service Class 2 |
Fidelity VIP Investment Grade Bond Portfolio, Service Class 2 |
Fidelity VIP Mid Cap Portfolio, Service Class 2 |
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Franklin DynaTech VIP Fund |
Franklin Income VIP Fund, Class 2 |
Franklin Multi-Asset Dynamic Multi-Strategy VIT, Class 2 (a) |
Franklin Mutual Shares VIP Fund, Class 2 |
Franklin Rising Dividends VIP Fund, Class 2 |
Franklin Small Cap Value VIP Fund, Class 2 |
Franklin Small-Mid Cap Growth VIP Fund, Class 2 |
Franklin U.S. Government Securities VIP Fund, Class 2 |
Goldman Sachs VIT Core Fixed Income Fund, Service Shares |
Goldman Sachs VIT International Equity Insights Fund, Institutional Shares |
Goldman Sachs VIT International Equity Insights Fund, Service Shares |
Goldman Sachs VIT Large Cap Value Fund, Service Shares |
Goldman Sachs VIT Mid Cap Growth Fund, Service Shares (a) |
Goldman Sachs VIT Mid Cap Value Fund, Service Shares |
Goldman Sachs VIT Small Cap Equity Insights Fund, Institutional Shares |
Goldman Sachs VIT Small Cap Equity Insights Fund, Service Shares (a) |
Goldman Sachs VIT Strategic Growth Fund, Institutional Shares |
Goldman Sachs VIT Strategic Growth Fund, Service Shares |
Goldman Sachs VIT Trend Driven Allocation, Service Shares |
Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Shares |
Goldman Sachs VIT U.S. Equity Insights Fund, Service Shares |
Invesco V.I. American Franchise Fund, Series I |
Invesco V.I. American Value Fund, Series II |
Invesco V.I. Balanced-Risk Allocation Fund Class, Series II |
Invesco V.I. Capital Appreciation Fund, Series I |
Invesco V.I. Capital Appreciation Fund, Series II |
Invesco V.I. Comstock Fund, Series I |
Invesco V.I. Comstock Fund, Series II |
Invesco V.I. Conservative Balanced Fund, Series II (a) |
Invesco V.I. Discovery Mid Cap Growth Fund, Series I |
Invesco V.I. Discovery Mid Cap Growth Fund, Series II |
Invesco V.I. Equity and Income Fund, Series II |
Invesco V.I. EQV International Equity Fund, Series II (a) |
Invesco V.I. Global Fund, Series I |
Invesco V.I. Global Fund, Series II |
Invesco V.I. Global Real Estate Fund, Series II |
Invesco V.I. Global Strategic Income Fund |
Invesco V.I. Global Strategic Income Fund, Series II |
Invesco V.I. Government Securities Fund, Series II |
Invesco V.I. Growth and Income Fund, Series I |
Invesco V.I. Growth and Income Fund, Series II |
Invesco V.I. Main Street Fund, Series I |
Invesco V.I. Main Street Fund, Series II |
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Invesco V.I. Small Cap Equity Fund, Series II |
Invesco V.I. U.S. Government Money Portfolio, Series I |
Lord Abbett Series Fund Bond Debenture Portfolio |
Lord Abbett Series Fund Fundamental Equity Portfolio |
Lord Abbett Series Fund Growth and Income Portfolio |
Lord Abbett Series Fund Growth Opportunities Portfolio |
Lord Abbett Series Fund Inc. Dividend Growth Portfolio |
Lord Abbett Series Fund Mid Cap Stock Portfolio |
Lord Abbett Series Fund Short Duration Income Portfolio |
MFS Emerging Markets Equity Portfolio, Service Class |
MFS Growth Series, Initial Class |
MFS Growth Series, Service Class |
MFS International Intrinsic Value Portfolio, Service Class |
MFS Investors Trust Series, Initial Class |
MFS Investors Trust Series, Service Class |
MFS Massachusetts Investors Growth Stock Portfolio, Service Class |
MFS New Discovery Series, Initial Class |
MFS New Discovery Series, Service Class |
MFS Research Series, Initial Class |
MFS Research Series, Service Class |
MFS Total Return Bond Series, Service Class |
MFS Total Return Series, Initial Class |
MFS Total Return Series, Service Class |
MFS Utilities Series, Initial Class |
MFS Utilities Series, Service Class |
MFS Value Series, Service Class |
Morgan Stanley VIF Global Real Estate Portfolio, Class II |
PIMCO All Asset Portfolio |
PIMCO Global Diversified Allocation Portfolio |
PIMCO Long-Term U.S. Government Portfolio, Advisor Class |
PIMCO Low Duration Portfolio, Advisor Class |
PIMCO Real Return Portfolio, Advisor Class |
PIMCO Short-Term Portfolio, Advisor Class |
PIMCO Total Return Portfolio, Advisor Class |
Protective Life Dynamic Allocation Series Conservative Portfolio |
Protective Life Dynamic Allocation Series Growth Portfolio |
Protective Life Dynamic Allocation Series Moderate Portfolio |
Royce Capital Fund Micro Cap Portfolio, Service Class |
Royce Capital Fund Small Cap Portfolio, Service Class |
T. Rowe Price Blue Chip Growth Portfolio, Class II |
T. Rowe Price Health Sciences Portfolio, Class II (a) |
Templeton Developing Markets VIP Fund, Class 2 |
Templeton Foreign VIP Fund, Class 2 |
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Templeton Global Bond VIP Fund, Class 2 |
Templeton Growth VIP Fund, Class 2 |
Vanguard VIF Capital Growth Portfolio (a) |
Vanguard VIF Conservative Allocation Portfolio |
Vanguard VIF Equity Index Portfolio |
Vanguard VIF Global Bond Index Portfolio |
Vanguard VIF Growth Portfolio |
Vanguard VIF International Portfolio |
Vanguard VIF Mid-Cap Index Portfolio |
Vanguard VIF Moderate Allocation Portfolio (a) |
Vanguard VIF Money Market Portfolio |
Vanguard VIF Real Estate Index Portfolio |
Vanguard VIF Short-Term Investment-Grade Portfolio |
Vanguard VIF Total Bond Market Index Portfolio |
Vanguard VIF Total International Stock Market Index Portfolio (a) |
Vanguard VIF Total Stock Market Index Portfolio (a) |
Western Asset Core Plus VIT Portfolio, Class II |
(a) | See Subaccount Changes tables below |
Subaccount Changes:
During 2022, the following Subaccounts changed their names:
Previous Name | New Name | Date of Change | ||
Goldman Sachs VIT Growth Opportunities Fund | Goldman Sachs VIT Mid Cap Growth Fund, Service Shares | April 29, 2022 | ||
Invesco V.I. International Growth Fund II | Invesco V.I. EQV International Equity Fund, Series II | April 22, 2022 |
During 2022, the following Subaccounts were closed:
Subaccount | Date of Closure | |
Franklin Multi-Asset Dynamic Multi-Strategy VIT, Class 2 | August 31, 2022 |
During 2022 and 2023, the following Subaccounts were opened:
Subaccount | Date of Commencement |
AB VPS Large Cap Growth Portfolio, Class B | January 12, 2022 |
American Funds IS U.S. Government Securities Fund, Class 4 | May 19, 2022 |
BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | January 12, 2022 |
ClearBridge Variable Large Cap Growth Portfolio, Class II | December 9, 2022 |
Columbia VP Balanced Fund, Class 2 | January 12, 2022 |
Columbia VP Limited Duration Credit Fund, Class 2 | May 31, 2022 |
Columbia VP Strategic Income Fund, Class 2 | July 13, 2022 |
Dimensional VA US Targeted Value Portfolio | December 9, 2022 |
Fidelity VIP Balanced Portfolio, Service Class 2 | January 12, 2022 |
Fidelity VIP FundsManager 20% Portfolio, Service Class 2 | May 9, 2022 |
Fidelity VIP FundsManager 85% Portfolio, Service Class 2 | December 9, 2022 |
Fidelity VIP Health Care Portfolio, Service Class 2 | April 29, 2022 |
Goldman Sachs VIT Small Cap Equity Insights Fund, Service Shares | April 26, 2022 |
Invesco V.I. Conservative Balanced Fund, Series II | July 13, 2022 |
T. Rowe Price Health Sciences Portfolio, Class II | January 31, 2022 |
Vanguard VIF Capital Growth Portfolio | April 29, 2022 |
Vanguard VIF Moderate Allocation Portfolio | June 30, 2022 |
Vanguard VIF Money Market Portfolio | February 28, 2023 |
Vanguard VIF Total International Stock Market Index Portfolio | April 29, 2022 |
Vanguard VIF Total Stock Market Index Portfolio | September 7, 2023 |
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The Separate Account is an investment company and, therefore, applies specialized accounting guidance in accordance with the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 “Financial Services — Investment Companies”.
Certain Subaccounts that had no investments balances as of December 31, 2023 or that did not have activity during the year ended December 31, 2023 are not presented on the Statements of Assets and Liabilities as of December 31, 2023 or Statements of Operations for the year ended December 31, 2023, respectively.
2. | SIGNIFICANT ACCOUNTING POLICIES |
The following is a summary of the significant accounting policies of the Separate Account.
Investment valuation
Investments are made and measured in shares and are presented net of management fees and other operating expenses incurred by the Subaccounts. The investments are valued at the net asset values of the mutual funds, which value their investment securities at fair value. Transactions with the mutual funds are recognized on the trade date.
The Separate Account classifies its valuations into three levels based upon the observability of inputs to the valuation of the Separate Account’s investments. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. When considering market participant assumptions in fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one of the following levels:
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 and may include prices obtained from single broker quotes. Unobservable inputs reflect the reporting entity’s own assumptions and would be based on the best information available under the circumstances.
The Separate Account determines the fair values of certain financial assets based on quoted market prices. All of the investments in the Subaccounts of the Separate Account are classified as Level 1 in the fair value hierarchy and consist of open-ended mutual funds. Participants may, without restriction, transact at the daily net asset value (“NAV”) of the mutual funds. The NAV represents the daily per share value based on the fair value of the underlying portfolio of investments of the respective Subaccounts.
Receivable from dividends
Receivable from dividends include dividends declared by the fund managers that have not yet been reinvested in accordance with the Subaccounts’ designated reinvestment dates.
Receivables and payables from (to) the Contracts and the fund manager
Receivables and payables from (to) the Contracts and the fund manager include trading activity initiated at the Contract level from the last business day of the year that has not yet been settled with the fund manager.
Receivables and payables from (to) the Company
Receivables and payables from (to) the Company include accruals for the variance between investments and reserves applicable to the Subaccount.
Contracts in the annuity period
Net assets allocated to Contracts in the annuity period are computed according to the Annuity 2000 Mortality Table with an assumed investment return of 5%. The mortality risk is fully borne by the Company and may result in additional amounts being transferred into the Separate Account by the Company to cover greater
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longevity of annuitants than expected. Conversely, if amounts allocated exceed amounts required, transfers may be made to the Company for the calculated or excess differential.
Dividend income and capital gain distributions
Dividend income and capital gain distributions are recorded on the ex-dividend date and are reinvested in additional shares of the mutual funds. Ordinary dividend and capital gain distributions are recognized within net investment income and net realized gains, respectively, as recorded in the financial statements of the Subaccounts.
Net realized gains and losses
Net realized gains and losses on investments include gains and losses on redemptions of the Subaccounts’ shares (determined for each product using the last-in-first-out (LIFO) and capital gain distributions from the mutual funds.
Net transfers (to) from the Company and/or Subaccounts
Net transfers (to) from the Company and/or Subaccounts include transfers between the Subaccounts of the Separate Account as well as transfers between the Separate Account and the Company.
Federal income taxes
The results of the operations of the Separate Account are included in the federal income tax return of the Company. Under the provisions of the Contracts, the Company has the right to charge the Separate Account for federal income tax attributable to the Separate Account. No charge has been made against the Separate Account for such tax during the year ended December 31, 2023. Management will periodically review the application of this policy in the event of changes in tax law. Accordingly, a change may be made in future years to consider charges for any federal income taxes that would be attributable to the Contracts.
Use of estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) requires management to make estimates and assumptions that could affect the reported amounts of assets and liabilities, as well as the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from the estimates reported in the accompanying financial statements.
Risks and uncertainties
The Separate Account provides for various investment options in any combination of Subaccounts, each of which bears exposure to the market, credit, and liquidity risks of the underlying portfolio in which it invests. Due to the level of risk associated with certain investments and the level of uncertainty related to changes in the value of investments, it is at least reasonably possible that changes in risks in the near term could materially affect investment balances, the amounts reported in the statements of assets and liabilities, of operations and of changes in net assets. Accordingly, these financial statements should be read in conjunction with the financial statements and footnotes of the underlying Subaccounts identified in Note 1.
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3. | PURCHASES AND SALES OF INVESTMENTS |
The cost of purchases and proceeds from sales of investments for the year ended December 31, 2023 were as follows:
Subaccount | Purchases | Sales | ||||||
AB VPS Discovery Value Portfolio, Class B | $ | 15,715 | $ | 167,168 | ||||
AB VPS Large Cap Growth Portfolio, Class B | 33,054 | 29,464 | ||||||
AB VPS Small Cap Growth Portfolio, Class B | 18,610 | 7,032 | ||||||
American Funds IS Asset Allocation Fund, Class 4 | 119,590 | 52,639 | ||||||
American Funds IS Capital Income Builder, Class 4 | 6,136 | 11,629 | ||||||
American Funds IS Capital World Growth and Income Fund, Class 4 | 835 | 1,679 | ||||||
American Funds IS Global Growth Fund, Class 4 | 37,612 | 117,854 | ||||||
American Funds IS Global Small Capitalization Fund, Class 4 | 1,042 | 788 | ||||||
American Funds IS Growth Fund, Class 4 | 15,186 | 47,198 | ||||||
American Funds IS Growth-Income Fund, Class 4 | 19,254 | 3,430 | ||||||
American Funds IS International Fund, Class 4 | 3,557 | 19,852 | ||||||
American Funds IS New World Fund, Class 4 | 10,975 | 42,854 | ||||||
American Funds IS The Bond Fund of America, Class 4 | 52,367 | 56,873 | ||||||
American Funds IS U.S. Government Securities Fund, Class 4 | 24,531 | 10,068 | ||||||
American Funds IS Washington Mutual Investors Fund, Class 4 | 56,495 | 36,869 | ||||||
BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | 46,850 | 12,007 | ||||||
BlackRock Global Allocation V.I. Fund, Class III | 3,152 | 7,716 | ||||||
ClearBridge Variable Large Cap Growth Portfolio, Class II | 3,292 | 7,393 | ||||||
ClearBridge Variable Mid Cap Portfolio, Class II | 1,785,722 | 1,176,237 | ||||||
ClearBridge Variable Small Cap Growth Portfolio, Class II | 833,450 | 674,079 | ||||||
Columbia VP Balanced Fund, Class 2 | 93,302 | 29,717 | ||||||
Columbia VP Intermediate Bond Fund, Class 2 | 25,839 | 40,518 | ||||||
Columbia VP Limited Duration Credit Fund, Class 2 | 579 | 1,127 | ||||||
Columbia VP Strategic Income Fund, Class 2 | 1,437 | 244 | ||||||
Dimensional VA Global Bond Portfolio | 1,372 | 174 | ||||||
Dimensional VA International Small Portfolio | 72,181 | 433 | ||||||
Dimensional VA International Value Portfolio | 19,256 | 93,798 | ||||||
Dimensional VA Short-Term Fixed Portfolio | 3,566 | 573 | ||||||
Dimensional VA US Large Value Portfolio | 17,269 | 18,794 | ||||||
Dimensional VA US Targeted Value Portfolio | 523,698 | 14,794 | ||||||
Fidelity VIP Asset Manager Portfolio, Service Class 2 | 101 | 83 | ||||||
Fidelity VIP Balanced Portfolio, Service Class 2 | 186,130 | 51,695 | ||||||
Fidelity VIP Contrafund Portfolio, Service Class 2 | 3,632,909 | 2,477,449 | ||||||
Fidelity VIP Equity-Income Portfolio, Service Class 2 | 0 | * | 92,832 | |||||
Fidelity VIP FundsManager 20% Portfolio, Service Class 2 | 377 | 12,274 | ||||||
Fidelity VIP FundsManager 85% Portfolio, Service Class 2 | 23 | 12,700 | ||||||
Fidelity VIP Health Care Portfolio, Service Class 2 | 50,001 | 2,088 | ||||||
Fidelity VIP Index 500 Portfolio, Service Class 2 | 5,655,610 | 4,171,494 | ||||||
Fidelity VIP Investment Grade Bond Portfolio, Service Class 2 | 447,754 | 695,010 | ||||||
Fidelity VIP Mid Cap Portfolio, Service Class 2 | 3,883,653 | 3,031,910 | ||||||
Franklin DynaTech VIP Fund | 605,241 | 192,906 | ||||||
Franklin Income VIP Fund, Class 2 | 5,586,624 | 3,445,960 | ||||||
* The Subaccount has dollars that round to less than one. |
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Subaccount | Purchases | Sales | ||||||
Franklin Mutual Shares VIP Fund, Class 2 | $ | 5,174,919 | $ | 3,908,408 | ||||
Franklin Rising Dividends VIP Fund, Class 2 | 3,500,595 | 3,646,267 | ||||||
Franklin Small Cap Value VIP Fund, Class 2 | 979,017 | 807,230 | ||||||
Franklin Small-Mid Cap Growth VIP Fund, Class 2 | 943,179 | 681,337 | ||||||
Franklin U.S. Government Securities VIP Fund, Class 2 | 148,018 | 544,687 | ||||||
Goldman Sachs VIT Core Fixed Income Fund, Service Shares | 29,352 | 64,166 | ||||||
Goldman Sachs VIT International Equity Insights Fund, Institutional Shares | 70 | 133 | ||||||
Goldman Sachs VIT International Equity Insights Fund, Service Shares | 363,424 | 303,760 | ||||||
Goldman Sachs VIT Large Cap Value Fund, Service Shares | 201,405 | 300,609 | ||||||
Goldman Sachs VIT Mid Cap Growth Fund, Service Shares | 712,417 | 545,623 | ||||||
Goldman Sachs VIT Mid Cap Value Fund, Service Shares | 2,436,179 | 2,051,572 | ||||||
Goldman Sachs VIT Small Cap Equity Insights Fund, Institutional Shares | 178 | 240 | ||||||
Goldman Sachs VIT Small Cap Equity Insights Fund, Service Shares | 142 | 5,818 | ||||||
Goldman Sachs VIT Strategic Growth Fund, Institutional Shares | 2,538 | 4,116 | ||||||
Goldman Sachs VIT Strategic Growth Fund, Service Shares | 2,649,483 | 1,122,217 | ||||||
Goldman Sachs VIT Trend Driven Allocation, Service Shares | 39,523 | 38,351 | ||||||
Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Shares | 525 | 3,539 | ||||||
Goldman Sachs VIT U.S. Equity Insights Fund, Service Shares | 310 | 2,119 | ||||||
Invesco V.I. American Franchise Fund, Series I | 1,316 | 12,727 | ||||||
Invesco V.I. American Value Fund, Series II | 411,616 | 397,895 | ||||||
Invesco V.I. Balanced-Risk Allocation Fund Class, Series II | 173,407 | 974,627 | ||||||
Invesco V.I. Capital Appreciation Fund, Series I | 7 | 14,802 | ||||||
Invesco V.I. Capital Appreciation Fund, Series II | 357,002 | 118,547 | ||||||
Invesco V.I. Comstock Fund, Series I | 10,440 | 1,975 | ||||||
Invesco V.I. Comstock Fund, Series II | 1,314,687 | 1,298,672 | ||||||
Invesco V.I. Conservative Balanced Fund, Series II | 2,403 | 413 | ||||||
Invesco V.I. Discovery Mid Cap Growth Fund, Series I | 4 | 12,111 | ||||||
Invesco V.I. Discovery Mid Cap Growth Fund, Series II | 323,791 | 195,981 | ||||||
Invesco V.I. Equity and Income Fund, Series II | 2,733,384 | 2,135,087 | ||||||
Invesco V.I. EQV International Equity Fund, Series II | 281,423 | 193,834 | ||||||
Invesco V.I. Global Fund, Series I | 7,357 | 15,537 | ||||||
Invesco V.I. Global Fund, Series II | 2,317,830 | 1,326,929 | ||||||
Invesco V.I. Global Real Estate Fund, Series II | 485,454 | 244,582 | ||||||
Invesco V.I. Global Strategic Income Fund | 0 | * | 257 | |||||
Invesco V.I. Global Strategic Income Fund, Series II | 50,356 | 809,458 | ||||||
Invesco V.I. Government Securities Fund, Series II | 37,978 | 90,367 | ||||||
Invesco V.I. Growth and Income Fund, Series I | 3,475 | 370 | ||||||
Invesco V.I. Growth and Income Fund, Series II | 8,231,672 | 7,074,683 | ||||||
Invesco V.I. Main Street Fund, Series I | 2,614 | 650 | ||||||
Invesco V.I. Main Street Fund, Series II | 764,394 | 549,834 | ||||||
Invesco V.I. Small Cap Equity Fund, Series II | 104,350 | 56,575 | ||||||
Invesco V.I. U.S. Government Money Portfolio, Series I | 33,765,222 | 57,756,336 | ||||||
Lord Abbett Series Fund Bond Debenture Portfolio | 510,702 | 946,392 | ||||||
Lord Abbett Series Fund Fundamental Equity Portfolio | 3,105,608 | 2,202,902 | ||||||
Lord Abbett Series Fund Growth and Income Portfolio | 23,754 | 57,298 | ||||||
Lord Abbett Series Fund Growth Opportunities Portfolio | 912,414 | 528,978 | ||||||
Lord Abbett Series Fund Inc. Dividend Growth Portfolio | 408,300 | 341,756 | ||||||
* The Subaccount has dollars that round to less than one. |
106
Subaccount | Purchases | Sales | ||||||
Lord Abbett Series Fund Mid Cap Stock Portfolio | $ | 179,083 | $ | 172,661 | ||||
Lord Abbett Series Fund Short Duration Income Portfolio | 4,507 | 1,781 | ||||||
MFS Emerging Markets Equity Portfolio, Service Class | 50 | 66 | ||||||
MFS Growth Series, Initial Class | 6,265 | 5,486 | ||||||
MFS Growth Series, Service Class | 64,275 | 110,522 | ||||||
MFS International Intrinsic Value Portfolio, Service Class | 1,804 | 1,775 | ||||||
MFS Investors Trust Series, Initial Class | 4,078 | 4,609 | ||||||
MFS Investors Trust Series, Service Class | 23,098 | 63,893 | ||||||
MFS Massachusetts Investors Growth Stock Portfolio, Service Class | 6,533 | 34,260 | ||||||
MFS New Discovery Series, Initial Class | 60 | 422 | ||||||
MFS New Discovery Series, Service Class | 18,792 | 98,188 | ||||||
MFS Research Series, Initial Class | 1,968 | 465 | ||||||
MFS Research Series, Service Class | 2,848 | 8,489 | ||||||
MFS Total Return Bond Series, Service Class | 70,162 | 235,385 | ||||||
MFS Total Return Series, Initial Class | 3,964 | 2,599 | ||||||
MFS Total Return Series, Service Class | 14,834 | 11,015 | ||||||
MFS Utilities Series, Initial Class | 468 | 82 | ||||||
MFS Utilities Series, Service Class | 32,910 | 13,276 | ||||||
MFS Value Series, Service Class | 44,514 | 56,292 | ||||||
Morgan Stanley VIF Global Real Estate Portfolio, Class II | 55,191 | 69,661 | ||||||
PIMCO All Asset Portfolio | 519,596 | 394,078 | ||||||
PIMCO Global Diversified Allocation Portfolio | 117,271 | 134,194 | ||||||
PIMCO Long-Term U.S. Government Portfolio, Advisor Class | 158,335 | 273,802 | ||||||
PIMCO Low Duration Portfolio, Advisor Class | 71,453 | 306,381 | ||||||
PIMCO Real Return Portfolio, Advisor Class | 209,845 | 910,511 | ||||||
PIMCO Short-Term Portfolio, Advisor Class | 283,077 | 299,943 | ||||||
PIMCO Total Return Portfolio, Advisor Class | 639,440 | 1,664,921 | ||||||
Protective Life Dynamic Allocation Series Conservative Portfolio | 372,825 | 82,046 | ||||||
Protective Life Dynamic Allocation Series Growth Portfolio | 19,727 | 17,471 | ||||||
Protective Life Dynamic Allocation Series Moderate Portfolio | 115,313 | 40,397 | ||||||
Royce Capital Fund Micro Cap Portfolio, Service Class | 801,188 | 574,671 | ||||||
Royce Capital Fund Small Cap Portfolio, Service Class | 1,488,415 | 1,668,298 | ||||||
T. Rowe Price Blue Chip Growth Portfolio, Class II | 30,025 | 59,098 | ||||||
T. Rowe Price Health Sciences Portfolio, Class II | 75,759 | 11,923 | ||||||
Templeton Developing Markets VIP Fund, Class 2 | 679,134 | 448,333 | ||||||
Templeton Foreign VIP Fund, Class 2 | 448,150 | 762,583 | ||||||
Templeton Global Bond VIP Fund, Class 2 | 124,007 | 809,065 | ||||||
Templeton Growth VIP Fund, Class 2 | 247,434 | 172,762 | ||||||
Vanguard VIF Capital Growth Portfolio | 2,267 | 11,356 | ||||||
Vanguard VIF Conservative Allocation Portfolio | 1,630 | 111 | ||||||
Vanguard VIF Equity Index Portfolio | 3,794 | 843 | ||||||
Vanguard VIF Global Bond Index Portfolio | 1,104 | 106 | ||||||
Vanguard VIF Growth Portfolio | 274 | 3,885 | ||||||
Vanguard VIF International Portfolio | 1,368 | 481 | ||||||
Vanguard VIF Mid-Cap Index Portfolio | 2,694 | 8,517 | ||||||
Vanguard VIF Moderate Allocation Portfolio | 34,355 | 12,591 | ||||||
Vanguard VIF Money Market Portfolio | 567,538 | 567,538 | ||||||
Vanguard VIF Real Estate Index Portfolio | 1,824 | 113 | ||||||
Vanguard VIF Short-Term Investment-Grade Portfolio | 215,451 | 879 |
107
Subaccount | Purchases | Sales | ||||||
Vanguard VIF Total Bond Market Index Portfolio | $ | 276,655 | $ | 1,518 | ||||
Vanguard VIF Total International Stock Market Index Portfolio | 64,881 | 7,609 | ||||||
Vanguard VIF Total Stock Market Index Portfolio | 149,139 | 213 | ||||||
Western Asset Core Plus VIT Portfolio, Class II | 69,659 | 21,381 |
108
4. | CHANGES IN UNITS OUTSTANDING |
The changes in units outstanding for the years or periods ended December 31, 2023 and 2022 were as follows:
2023 | 2022 | |||||||||||||||||||||||
Subaccount | Units Issued | Units
Redeemed | Net
Increase (Decrease) | Units Issued | Units
Redeemed | Net
Increase (Decrease) | ||||||||||||||||||
AB VPS Discovery Value Portfolio, Class B | - | 16,713 | (16,713 | ) | 4,871 | 678 | 4,193 | |||||||||||||||||
AB VPS Large Cap Growth Portfolio, Class B | 2,089 | 2,481 | (392 | ) | 16,140 | 1,217 | 14,923 | |||||||||||||||||
AB VPS Small Cap Growth Portfolio, Class B | 2,581 | 939 | 1,642 | 9,900 | 4,189 | 5,711 | ||||||||||||||||||
American Funds IS Asset Allocation Fund, Class 4 | 4,911 | 2,802 | 2,109 | 29,431 | 3,970 | 25,461 | ||||||||||||||||||
American Funds IS Capital Income Builder, Class 4 | 207 | 800 | (593 | ) | 9,194 | 1,215 | 7,979 | |||||||||||||||||
American Funds IS Capital World Growth and Income Fund, Class 4 | - | 76 | (76 | ) | 184 | 0 | * | 184 | ||||||||||||||||
American Funds IS Global Growth Fund, Class 4 | 972 | 6,478 | (5,506 | ) | 4,388 | 2,462 | 1,926 | |||||||||||||||||
American Funds IS Global Small Capitalization Fund, Class 4 | 81 | 52 | 29 | 224 | 2 | 222 | ||||||||||||||||||
American Funds IS Growth Fund, Class 4 | 129 | 1,738 | (1,609 | ) | 3,215 | 471 | 2,744 | |||||||||||||||||
American Funds IS Growth-Income Fund, Class 4 | 1,042 | 175 | 867 | 1,294 | 10,340 | (9,046 | ) | |||||||||||||||||
American Funds IS International Fund, Class 4 | 294 | 1,774 | (1,480 | ) | 1,889 | 7 | 1,882 | |||||||||||||||||
American Funds IS New World Fund, Class 4 | 706 | 3,455 | (2,749 | ) | 21,412 | 7 | 21,405 | |||||||||||||||||
American Funds IS The Bond Fund of America, Class 4 | 4,954 | 5,722 | (768 | ) | 2,334 | 987 | 1,347 | |||||||||||||||||
American Funds IS U.S. Government Securities Fund, Class 4 | 2,204 | 922 | 1,282 | 10,708 | 380 | 10,328 | ||||||||||||||||||
American Funds IS Washington Mutual Investors Fund, Class 4 | 2,813 | 1,889 | 924 | 10,146 | 1,913 | 8,233 | ||||||||||||||||||
BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | 4,308 | 913 | 3,395 | 23,835 | 1,287 | 22,548 | ||||||||||||||||||
BlackRock Global Allocation V.I. Fund, Class III | 242 | 782 | (540 | ) | 2,743 | 141 | 2,602 | |||||||||||||||||
ClearBridge Variable Large Cap Growth Portfolio, Class II | 327 | 680 | (353 | ) | 680 | - | 680 | |||||||||||||||||
ClearBridge Variable Mid Cap Portfolio, Class II | 73,822 | 51,640 | 22,182 | 59,100 | 87,305 | (28,205 | ) | |||||||||||||||||
ClearBridge Variable Small Cap Growth Portfolio, Class II | 26,971 | 22,974 | 3,997 | 23,158 | 26,546 | (3,388 | ) | |||||||||||||||||
Columbia VP Balanced Fund, Class 2 | 9,290 | 2,539 | 6,751 | 32,122 | 1,847 | 30,275 | ||||||||||||||||||
Columbia VP Intermediate Bond Fund, Class 2 | 2,530 | 4,597 | (2,067 | ) | 28,055 | 2,227 | 25,828 | |||||||||||||||||
Columbia VP Limited Duration Credit Fund, Class 2 | 14 | 101 | (87 | ) | 1,652 | 36 | 1,616 | |||||||||||||||||
Columbia VP Strategic Income Fund, Class 2 | 132 | 16 | 116 | 750 | 4 | 746 | ||||||||||||||||||
Dimensional VA Global Bond Portfolio | - | 8 | (8 | ) | 1,488 | 5 | 1,483 | |||||||||||||||||
Dimensional VA International Small Portfolio | 5,540 | 27 | 5,513 | 682 | 1 | 681 | ||||||||||||||||||
Dimensional VA International Value Portfolio | 475 | 5,972 | (5,497 | ) | 8,677 | 9,269 | (592 | ) | ||||||||||||||||
Dimensional VA Short-Term Fixed Portfolio | 45 | 33 | 12 | 1,429 | 97 | 1,332 |
109
2023 | 2022 | |||||||||||||||||||||||
Subaccount | Units Issued | Units
Redeemed | Net
Increase (Decrease) | Units Issued | Units
Redeemed | Net
Increase (Decrease) | ||||||||||||||||||
Dimensional VA US Large Value Portfolio | 357 | 1,152 | (795 | ) | 6,924 | 6,896 | 28 | |||||||||||||||||
Dimensional VA US Targeted Value Portfolio | 25,328 | 641 | 24,687 | 518 | 0 | * | 518 | |||||||||||||||||
Fidelity VIP Asset Manager Portfolio, Service Class 2 | 1 | 5 | (4 | ) | 0 | * | 9 | (9 | ) | |||||||||||||||
Fidelity VIP Balanced Portfolio, Service Class 2 | 15,525 | 4,306 | 11,219 | 58,567 | 5,752 | 52,815 | ||||||||||||||||||
Fidelity VIP Contrafund Portfolio, Service Class 2 | 118,216 | 76,071 | 42,145 | 236,774 | 332,778 | (96,004 | ) | |||||||||||||||||
Fidelity VIP Equity-Income Portfolio, Service Class 2 | - | 3,064 | (3,064 | ) | 1 | 4,286 | (4,285 | ) | ||||||||||||||||
Fidelity VIP FundsManager 20% Portfolio, Service Class 2 | 21 | 1,280 | (1,259 | ) | 2,151 | 476 | 1,675 | |||||||||||||||||
Fidelity VIP FundsManager 85% Portfolio, Service Class 2 | - | 1,231 | (1,231 | ) | 1,231 | - | 1,231 | |||||||||||||||||
Fidelity VIP Health Care Portfolio, Service Class 2 | 5,164 | 139 | 5,025 | 1,977 | 169 | 1,808 | ||||||||||||||||||
Fidelity VIP Index 500 Portfolio, Service Class 2 | 168,052 | 123,783 | 44,269 | 252,007 | 332,793 | (80,786 | ) | |||||||||||||||||
Fidelity VIP Investment Grade Bond Portfolio, Service Class 2 | 30,784 | 53,548 | (22,764 | ) | 52,979 | 63,981 | (11,002 | ) | ||||||||||||||||
Fidelity VIP Mid Cap Portfolio, Service Class 2 | 159,508 | 129,280 | 30,228 | 155,875 | 229,239 | (73,364 | ) | |||||||||||||||||
Franklin DynaTech VIP Fund | 21,604 | 7,182 | 14,422 | 33,214 | 43,983 | (10,769 | ) | |||||||||||||||||
Franklin Income VIP Fund, Class 2 | 303,398 | 204,776 | 98,622 | 256,600 | 429,396 | (172,796 | ) | |||||||||||||||||
Franklin Multi-Asset Dynamic Multi-Strategy VIT, Class 2 | - | - | - | 7,357 | 549,195 | (541,838 | ) | |||||||||||||||||
Franklin Mutual Shares VIP Fund, Class 2 | 264,413 | 218,084 | 46,329 | 245,279 | 366,983 | (121,704 | ) | |||||||||||||||||
Franklin Rising Dividends VIP Fund, Class 2 | 93,984 | 115,762 | (21,778 | ) | 267,809 | 297,434 | (29,625 | ) | ||||||||||||||||
Franklin Small Cap Value VIP Fund, Class 2 | 37,020 | 32,805 | 4,215 | 47,594 | 60,443 | (12,849 | ) | |||||||||||||||||
Franklin Small-Mid Cap Growth VIP Fund, Class 2 | 36,132 | 26,725 | 9,407 | 44,651 | 50,581 | (5,930 | ) | |||||||||||||||||
Franklin U.S. Government Securities VIP Fund, Class 2 | 7,786 | 52,372 | (44,586 | ) | 49,743 | 65,831 | (16,088 | ) | ||||||||||||||||
Goldman Sachs VIT Core Fixed Income Fund, Service Shares | 2,018 | 6,152 | (4,134 | ) | 8,766 | 6,341 | 2,425 | |||||||||||||||||
Goldman Sachs VIT International Equity Insights Fund, Institutional Shares | - | 4 | (4 | ) | 0 | * | 4 | (4 | ) | |||||||||||||||
Goldman Sachs VIT International Equity Insights Fund, Service Shares | 24,376 | 19,996 | 4,380 | 44,129 | 54,309 | (10,180 | ) | |||||||||||||||||
Goldman Sachs VIT Large Cap Value Fund, Service Shares | 5,549 | 11,718 | (6,169 | ) | 4,239 | 10,848 | (6,609 | ) | ||||||||||||||||
Goldman Sachs VIT Mid Cap Growth Fund, Service Shares | 23,314 | 18,474 | 4,840 | 13,113 | 17,321 | (4,208 | ) | |||||||||||||||||
Goldman Sachs VIT Mid Cap Value Fund, Service Shares | 97,041 | 86,116 | 10,925 | 103,776 | 144,152 | (40,376 | ) | |||||||||||||||||
Goldman Sachs VIT Small Cap Equity Insights Fund, Institutional Shares | - | - | - | 0 | * | 0 | * | (0 | )* | |||||||||||||||
Goldman Sachs VIT Small Cap Equity Insights Fund, Service Shares | - | 627 | (627 | ) | 2,469 | 17 | 2,452 | |||||||||||||||||
Goldman Sachs VIT Strategic Growth Fund, Institutional Shares | - | 38 | (38 | ) | 0 | * | 47 | (47 | ) | |||||||||||||||
Goldman Sachs VIT Strategic Growth Fund, Service Shares | 67,236 | 28,432 | 38,804 | 126,260 | 175,177 | (48,917 | ) | |||||||||||||||||
Goldman Sachs VIT Trend Driven Allocation, Service Shares | 2,906 | 2,792 | 114 | 8,506 | 1,351 | 7,155 | ||||||||||||||||||
Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Shares | - | 29 | (29 | ) | 0 | * | 33 | (33 | ) |
110
2023 | 2022 | |||||||||||||||||||||||
Subaccount | Units Issued | Units
Redeemed | Net
Increase (Decrease) | Units Issued | Units
Redeemed | Net
Increase (Decrease) | ||||||||||||||||||
Goldman Sachs VIT U.S. Equity Insights Fund, Service Shares | 6 | 45 | (39 | ) | 0 | * | 36 | (36 | ) | |||||||||||||||
Invesco V.I. American Franchise Fund, Series I | - | 666 | (666 | ) | 1 | 276 | (275 | ) | ||||||||||||||||
Invesco V.I. American Value Fund, Series II | 14,991 | 17,123 | (2,132 | ) | 10,781 | 11,433 | (652 | ) | ||||||||||||||||
Invesco V.I. Balanced-Risk Allocation Fund Class, Series II | 11,541 | 63,089 | (51,548 | ) | 87,165 | 112,992 | (25,827 | ) | ||||||||||||||||
Invesco V.I. Capital Appreciation Fund, Series I | - | 249 | (249 | ) | 1 | 132 | (131 | ) | ||||||||||||||||
Invesco V.I. Capital Appreciation Fund, Series II | 11,673 | 3,014 | 8,659 | 33,925 | 45,525 | (11,600 | ) | |||||||||||||||||
Invesco V.I. Comstock Fund, Series I | - | 20 | (20 | ) | 0 | * | 42 | (42 | ) | |||||||||||||||
Invesco V.I. Comstock Fund, Series II | 39,399 | 42,381 | (2,982 | ) | 45,097 | 34,348 | 10,749 | |||||||||||||||||
Invesco V.I. Conservative Balanced Fund, Series II | 228 | 24 | 204 | 1,462 | 7 | 1,455 | ||||||||||||||||||
Invesco V.I. Discovery Mid Cap Growth Fund, Series I | - | 267 | (267 | ) | 0 | * | 112 | (112 | ) | |||||||||||||||
Invesco V.I. Discovery Mid Cap Growth Fund, Series II | 23,107 | 14,231 | 8,876 | 30,785 | 41,729 | (10,944 | ) | |||||||||||||||||
Invesco V.I. Equity and Income Fund, Series II | 113,922 | 93,183 | 20,739 | 86,442 | 114,892 | (28,450 | ) | |||||||||||||||||
Invesco V.I. EQV International Equity Fund, Series II | 19,151 | 13,432 | 5,719 | 32,849 | 46,686 | (13,837 | ) | |||||||||||||||||
Invesco V.I. Global Fund, Series I | - | 236 | (236 | ) | 0 | * | 106 | (106 | ) | |||||||||||||||
Invesco V.I. Global Fund, Series II | 81,885 | 48,215 | 33,670 | 139,836 | 187,823 | (47,987 | ) | |||||||||||||||||
Invesco V.I. Global Real Estate Fund, Series II | 38,018 | 19,941 | 18,077 | 78,969 | 103,405 | (24,436 | ) | |||||||||||||||||
Invesco V.I. Global Strategic Income Fund | - | 7 | (7 | ) | 0 | * | 14 | (14 | ) | |||||||||||||||
Invesco V.I. Global Strategic Income Fund, Series II | 3,975 | 55,885 | (51,910 | ) | 26,345 | 46,080 | (19,735 | ) | ||||||||||||||||
Invesco V.I. Government Securities Fund, Series II | 2,908 | 8,748 | (5,840 | ) | 34,542 | 8,568 | 25,974 | |||||||||||||||||
Invesco V.I. Growth and Income Fund, Series I | 0 | * | 1 | (1 | ) | 1 | 7 | (6 | ) | |||||||||||||||
Invesco V.I. Growth and Income Fund, Series II | 298,865 | 274,912 | 23,953 | 307,397 | 402,172 | (94,775 | ) | |||||||||||||||||
Invesco V.I. Main Street Fund, Series I | - | 4 | (4 | ) | 0 | * | 7 | (7 | ) | |||||||||||||||
Invesco V.I. Main Street Fund, Series II | 23,025 | 17,533 | 5,492 | 43,780 | 64,517 | (20,737 | ) | |||||||||||||||||
Invesco V.I. Small Cap Equity Fund, Series II | 5,021 | 2,839 | 2,182 | 4,158 | 6,655 | (2,497 | ) | |||||||||||||||||
Invesco V.I. U.S. Government Money Portfolio, Series I | 10,352,963 | 18,225,425 | (7,872,462 | ) | 32,999,148 | 25,360,435 | 7,638,713 | |||||||||||||||||
Lord Abbett Series Fund Bond Debenture Portfolio | 13,709 | 52,859 | (39,150 | ) | 20,857 | 51,587 | (30,730 | ) | ||||||||||||||||
Lord Abbett Series Fund Fundamental Equity Portfolio | 136,473 | 101,330 | 35,143 | 131,166 | 191,273 | (60,107 | ) | |||||||||||||||||
Lord Abbett Series Fund Growth and Income Portfolio | 666 | 2,033 | (1,367 | ) | 407 | 2,871 | (2,464 | ) | ||||||||||||||||
Lord Abbett Series Fund Growth Opportunities Portfolio | 30,924 | 18,615 | 12,309 | 44,771 | 48,189 | (3,418 | ) | |||||||||||||||||
Lord Abbett Series Fund Inc. Dividend Growth Portfolio | 10,392 | 10,161 | 231 | 24,861 | 35,436 | (10,575 | ) | |||||||||||||||||
Lord Abbett Series Fund Mid Cap Stock Portfolio | 8,129 | 8,021 | 108 | 3,032 | 5,590 | (2,558 | ) | |||||||||||||||||
Lord Abbett Series Fund Short Duration Income Portfolio | 374 | 161 | 213 | 1,342 | 692 | 650 |
111
2023 | 2022 | |||||||||||||||||||||||
Subaccount | Units Issued | Units
Redeemed | Net
Increase (Decrease) | Units Issued | Units
Redeemed | Net
Increase (Decrease) | ||||||||||||||||||
MFS Emerging Markets Equity Portfolio, Service Class | - | 1 | (1 | ) | 0 | * | 1 | (1 | ) | |||||||||||||||
MFS Growth Series, Initial Class | - | 66 | (66 | ) | 14 | 66 | (52 | ) | ||||||||||||||||
MFS Growth Series, Service Class | 170 | 2,388 | (2,218 | ) | 1,011 | 466 | 545 | |||||||||||||||||
MFS International Intrinsic Value Portfolio, Service Class | 31 | 76 | (45 | ) | 111 | 60 | 51 | |||||||||||||||||
MFS Investors Trust Series, Initial Class | - | 84 | (84 | ) | 0 | * | 94 | (94 | ) | |||||||||||||||
MFS Investors Trust Series, Service Class | 68 | 1,647 | (1,579 | ) | 213 | 1,873 | (1,660 | ) | ||||||||||||||||
MFS Massachusetts Investors Growth Stock Portfolio, Service Class | 73 | 1,437 | (1,364 | ) | 215 | 590 | (375 | ) | ||||||||||||||||
MFS New Discovery Series, Initial Class | 1 | 5 | (4 | ) | 5 | 5 | - | |||||||||||||||||
MFS New Discovery Series, Service Class | 549 | 2,456 | (1,907 | ) | 3,567 | 1,258 | 2,309 | |||||||||||||||||
MFS Research Series, Initial Class | - | - | - | 0 | * | 0 | * | (0 | )* | |||||||||||||||
MFS Research Series, Service Class | - | 181 | (181 | ) | 52 | 174 | (122 | ) | ||||||||||||||||
MFS Total Return Bond Series, Service Class | 3,643 | 19,988 | (16,345 | ) | 6,272 | 13,324 | (7,052 | ) | ||||||||||||||||
MFS Total Return Series, Initial Class | 15 | 50 | (35 | ) | 0 | * | 84 | (84 | ) | |||||||||||||||
MFS Total Return Series, Service Class | 119 | 282 | (163 | ) | 10 | 557 | (547 | ) | ||||||||||||||||
MFS Utilities Series, Initial Class | - | 0 | * | - | 0 | * | 0 | * | (0 | )* | ||||||||||||||
MFS Utilities Series, Service Class | 470 | 308 | 162 | 77 | 1,139 | (1,062 | ) | |||||||||||||||||
MFS Value Series, Service Class | 469 | 1,774 | (1,305 | ) | 36 | 2,706 | (2,670 | ) | ||||||||||||||||
Morgan Stanley VIF Global Real Estate Portfolio, Class II | 4,596 | 6,245 | (1,649 | ) | 5,346 | 9,111 | (3,765 | ) | ||||||||||||||||
PIMCO All Asset Portfolio | 39,346 | 30,751 | 8,595 | 22,489 | 38,056 | (15,567 | ) | |||||||||||||||||
PIMCO Global Diversified Allocation Portfolio | 6,999 | 9,436 | (2,437 | ) | 56,560 | 47,095 | 9,465 | |||||||||||||||||
PIMCO Long-Term U.S. Government Portfolio, Advisor Class | 12,328 | 23,613 | (11,285 | ) | 15,575 | 12,004 | 3,571 | |||||||||||||||||
PIMCO Low Duration Portfolio, Advisor Class | 2,472 | 29,720 | (27,248 | ) | 8,991 | 28,297 | (19,306 | ) | ||||||||||||||||
PIMCO Real Return Portfolio, Advisor Class | 9,421 | 76,187 | (66,766 | ) | 31,013 | 68,115 | (37,102 | ) | ||||||||||||||||
PIMCO Short-Term Portfolio, Advisor Class | 23,058 | 27,824 | (4,766 | ) | 12,461 | 34,971 | (22,510 | ) | ||||||||||||||||
PIMCO Total Return Portfolio, Advisor Class | 30,888 | 145,359 | (114,471 | ) | 83,312 | 131,179 | (47,867 | ) | ||||||||||||||||
Protective Life Dynamic Allocation Series Conservative Portfolio | 26,739 | 5,148 | 21,591 | 103,918 | 9,389 | 94,529 | ||||||||||||||||||
Protective Life Dynamic Allocation Series Growth Portfolio | 47 | 1,098 | (1,051 | ) | 209 | 1,170 | (961 | ) | ||||||||||||||||
Protective Life Dynamic Allocation Series Moderate Portfolio | 9,090 | 2,803 | 6,287 | 13 | 2,954 | (2,941 | ) | |||||||||||||||||
Royce Capital Fund Micro Cap Portfolio, Service Class | 51,071 | 37,963 | 13,108 | 40,006 | 60,060 | (20,054 | ) | |||||||||||||||||
Royce Capital Fund Small Cap Portfolio, Service Class | 73,656 | 95,030 | (21,374 | ) | 201,563 | 223,844 | (22,281 | ) | ||||||||||||||||
T. Rowe Price Blue Chip Growth Portfolio, Class II | 3,181 | 6,019 | (2,838 | ) | 39,064 | 16,528 | 22,536 | |||||||||||||||||
T. Rowe Price Health Sciences Portfolio, Class II | 7,240 | 983 | 6,257 | 24,428 | 2,910 | 21,518 |
112
2023 | 2022 | |||||||||||||||||||||||
Subaccount | Units Issued | Units
Redeemed | Net
Increase (Decrease) | Units Issued | Units
Redeemed | Net
Increase (Decrease) | ||||||||||||||||||
Templeton Developing Markets VIP Fund, Class 2 | 64,416 | 44,915 | 19,501 | 118,392 | 118,982 | (590 | ) | |||||||||||||||||
Templeton Foreign VIP Fund, Class 2 | 33,079 | 64,960 | (31,881 | ) | 140,289 | 123,179 | 17,110 | |||||||||||||||||
Templeton Global Bond VIP Fund, Class 2 | 13,561 | 78,450 | (64,889 | ) | 32,838 | 107,074 | (74,236 | ) | ||||||||||||||||
Templeton Growth VIP Fund, Class 2 | 16,878 | 12,064 | 4,814 | 31,035 | 29,297 | 1,738 | ||||||||||||||||||
Vanguard VIF Capital Growth Portfolio | - | 836 | (836 | ) | 2,730 | 18 | 2,712 | |||||||||||||||||
Vanguard VIF Conservative Allocation Portfolio | - | - | - | - | 0 | * | - | |||||||||||||||||
Vanguard VIF Equity Index Portfolio | 3 | 42 | (39 | ) | 1,732 | 33 | 1,699 | |||||||||||||||||
Vanguard VIF Global Bond Index Portfolio | 46 | 0 | * | 46 | 28 | 31 | (3 | ) | ||||||||||||||||
Vanguard VIF Growth Portfolio | 14 | 337 | (323 | ) | 2,362 | 18 | 2,344 | |||||||||||||||||
Vanguard VIF International Portfolio | 23 | 43 | (20 | ) | 1,359 | 2 | 1,357 | |||||||||||||||||
Vanguard VIF Mid-Cap Index Portfolio | 5 | 638 | (633 | ) | 3,526 | 31 | 3,495 | |||||||||||||||||
Vanguard VIF Moderate Allocation Portfolio | - | 982 | (982 | ) | 58,919 | 157 | 58,762 | |||||||||||||||||
Vanguard VIF Money Market Portfolio | 56,068 | 56,068 | - | - | - | - | ||||||||||||||||||
Vanguard VIF Real Estate Index Portfolio | 21 | 4 | 17 | 526 | 13 | 513 | ||||||||||||||||||
Vanguard VIF Short-Term Investment-Grade Portfolio | 22,079 | 42 | 22,037 | 1,482 | 82 | 1,400 | ||||||||||||||||||
Vanguard VIF Total Bond Market Index Portfolio | 30,412 | 65 | 30,347 | 3,240 | 61 | 3,179 | ||||||||||||||||||
Vanguard VIF Total International Stock Market Index Portfolio | 5,490 | 637 | 4,853 | 2,055 | 14 | 2,041 | ||||||||||||||||||
Vanguard VIF Total Stock Market Index Portfolio | 10,489 | 5 | 10,484 | - | - | - | ||||||||||||||||||
Western Asset Core Plus VIT Portfolio, Class II | 7,208 | 2,163 | 5,045 | 22,793 | 508 | 22,285 |
* The Subaccount has units that round to less than one.
Note: Units may not appear to foot/crossfoot due to rounding.
113
5. | EXPENSES AND RELATED PARTY TRANSACTIONS |
The fees and charges below are the current expenses deducted by the Subaccount from either the net unit value or from the Contract as a redemption of units. Fees and charges may vary based on factors such as the product purchased, optional benefits chosen, benefit base, asset base, death benefit option elected, a Contract’s total asset value, age of Contract, surrender amount, if a surrender is requested during the period specified, Subaccounts selected, transaction amount, and/or transaction frequency. The fees and charges are recorded, as applicable, to the respective Subaccount in the Separate Account. Redemption of units deductions are made to the individual Contracts in accordance with the terms which govern each annuity, as set forth in the Contract.
Expense Type | Range |
Administrative Fee | |
This fee is assessed to reimburse the Company for expenses incurred in the administration of the Contract and the Separate Account. The fee is deducted daily, assessed through a reduction of net unit values, and recorded as Mortality and expense risk and admin within the Statements of Operations. | a daily fee amounting to a per annum aggregate of 0.10%-0.15% of the average daily net assets of the Subaccounts |
Mortality and Expense Risk Fee | |
This fee is assessed to reimburse the Company for assuming mortality and expense risks. The fee is deducted daily, assessed through a reduction of net unit values, and recorded as Mortality and expense risk and admin in the Statements of Operations. | a daily fee amounting to a per annum aggregate of 0.20% - 1.60% of the average daily net assets of the Subaccounts |
Deductions for Premium Taxes | |
Some states impose premium taxes at rates currently ranging up to 3.5%; if premium taxes are applicable, the mandated amount would be deducted from the contribution when it is received which will in turn reduce Contract owners’ net payments on the Statement of Changes in Net Assets. | 0.0% - 3.5% of each contribution, varies by state |
Charge for Optional Benefits This charge, if applicable, is assessed to reimburse the Company for costs and risks stemming from optional living and/or death benefits elected by the Contract owner. The charge is deducted monthly, assessed through a redemption of units, and recorded as Contract maintenance charges within the Statements of Changes in Net Assets.
|
|
114
Contract Maintenance Charge | |
This charge is assessed to reimburse the Company for expenses incurred in the administration of the Contract and the Separate Account. The charge is deducted annually, assessed through a redemption of units, and recorded as Contract maintenance charges in the Statements of Changes in Net Assets.
|
$0
- $35 annually |
Surrender Charge (Contingent Deferred Sales Charge) | |
This charge is assessed to reimburse the Company for some of the costs of distributing the Contracts. The charge is deducted at surrender, assessed through a redemption of units, and recorded as Contract maintenance charges within the Statements of Changes in Net Assets.
|
0.00% - 9.00% of surrendered amount
|
Transfer Charge Currently there is no charge assessed for transfers; however, the Company has reserved the right to charge for transfers as reimbursement for costs incurred when transferring funds. The charge would be deducted upon transfer, assessed through a redemption of units, and recorded as Contract owners’ benefits within the Statements of Changes in Net Assets.
|
$25 per transfer, after the first 12 transfers in any Contract calendar year
|
115
6. | FINANCIAL HIGHLIGHTS |
The Company sells a number of variable annuity products that are funded by the Separate Account. These products have unique combinations of features and expenses that are charged against the Contract owner’s account. Differences in the expense structures result in a variety of unit values, expense ratios and total returns. The following tables were developed by determining which products offered by the Company and funded by the Separate Account have the highest and lowest expense ratios. The summaries may not reflect or directly equate to the minimum and maximum Contract expenses offered by the Company, as Contract owners may not have selected all available and applicable Contract options for or during the periods presented.
A summary of the units outstanding, unit fair values, net assets for variable annuity Contracts, investment income ratios, the expense ratios, excluding expenses of the underlying Subaccounts, and total returns for each of the five years or periods ended December 31, 2023 is as follows:
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
AB VPS Discovery Value Portfolio, Class B | |||||||||||||||||||||||||||||||||||||
2023 | - | $ | 9.76 | $ | 9.76 | $ | - | 1.57 | % | 0.30 | % | 0.30 | % | 1.62 | % | 1.62 | % | ||||||||||||||||||||
2022 | 17 | 9.60 | 9.60 | 160 | 0.70 | % | 0.30 | % | 0.30 | % | (16.07 | )% | (16.07 | )% | |||||||||||||||||||||||
2021 | 13 | 11.44 | 11.44 | 143 | 0.00 | % | 0.30 | % | 0.30 | % | (1.49 | )% | (1.49 | )% | |||||||||||||||||||||||
AB VPS Large Cap Growth Portfolio, Class B | |||||||||||||||||||||||||||||||||||||
2023 | 15 | 12.33 | 12.33 | 179 | 0.00 | % | 1.30 | % | 1.30 | % | 33.04 | % | 33.04 | % | |||||||||||||||||||||||
2022 | 15 | 9.27 | 9.27 | 138 | 0.00 | % | 1.30 | % | 1.30 | % | (29.61 | )% | (29.61 | )% | |||||||||||||||||||||||
AB VPS Small Cap Growth Portfolio, Class B | |||||||||||||||||||||||||||||||||||||
2023 | 12 | 7.57 | 7.57 | 87 | 0.00 | % | 0.30 | % | 0.30 | % | 17.37 | % | 17.37 | % | |||||||||||||||||||||||
2022 | 10 | 6.45 | 6.45 | 64 | 0.00 | % | 0.30 | % | 0.30 | % | (39.45 | )% | (39.45 | )% | |||||||||||||||||||||||
2021 | 4 | 10.65 | 10.65 | 45 | 0.00 | % | 0.30 | % | 0.30 | % | (8.96 | )% | (8.96 | )% | |||||||||||||||||||||||
American Funds IS Asset Allocation Fund, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 52 | 16.26 | 16.26 | 844 | 2.05 | % | 1.30 | % | 1.30 | % | 12.55 | % | 12.55 | % | |||||||||||||||||||||||
2022 | 50 | 14.44 | 14.44 | 719 | 2.11 | % | 1.30 | % | 1.30 | % | (14.78 | )% | (14.78 | )% | |||||||||||||||||||||||
2021 | 24 | 16.95 | 16.95 | 413 | 1.33 | % | 1.30 | % | 1.30 | % | 13.35 | % | 13.35 | % | |||||||||||||||||||||||
2020 | 26 | 14.95 | 14.95 | 395 | 1.40 | % | 1.30 | % | 1.30 | % | 10.70 | % | 10.70 | % | |||||||||||||||||||||||
2019 | 27 | 13.51 | 13.51 | 362 | 1.74 | % | 1.30 | % | 1.30 | % | 19.36 | % | 19.36 | % |
116
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
American Funds IS Capital Income Builder, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 11 | $ | 12.98 | $ | 12.98 | $ | 139 | 2.68 | % | 1.30 | % | 1.30 | % | 7.35 | % | 7.35 | % | ||||||||||||||||||||
2022 | 11 | 12.09 | 12.09 | 137 | 3.38 | % | 1.30 | % | 1.30 | % | (8.58 | )% | (8.58 | )% | |||||||||||||||||||||||
2021 | 3 | 13.23 | 13.23 | 44 | 13.92 | % | 1.30 | % | 1.30 | % | 5.61 | % | 5.61 | % | |||||||||||||||||||||||
American Funds IS Capital World Growth and Income Fund, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 3 | 15.66 | 15.66 | 52 | 1.74 | % | 1.30 | % | 1.30 | % | 19.09 | % | 19.09 | % | |||||||||||||||||||||||
2022 | 3 | 13.15 | 13.15 | 44 | 2.06 | % | 1.30 | % | 1.30 | % | (18.64 | )% | (18.64 | )% | |||||||||||||||||||||||
2021 | 3 | 16.16 | 16.16 | 52 | 1.50 | % | 1.30 | % | 1.30 | % | 12.98 | % | 12.98 | % | |||||||||||||||||||||||
2020 | 3 | 14.30 | 14.30 | 44 | 1.55 | % | 1.30 | % | 1.30 | % | 7.14 | % | 7.14 | % | |||||||||||||||||||||||
2019 | - | 13.35 | 13.35 | 3 | 2.73 | % | 1.30 | % | 1.30 | % | 29.03 | % | 29.03 | % | |||||||||||||||||||||||
American Funds IS Global Growth Fund, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 13 | 12.56 | 19.36 | 244 | 0.63 | % | 0.30 | % | 1.30 | % | 21.93 | % | 20.71 | % | |||||||||||||||||||||||
2022 | 19 | 10.30 | 16.04 | 290 | 0.42 | % | 0.30 | % | 1.30 | % | (25.14 | )% | (25.89 | )% | |||||||||||||||||||||||
2021 | 17 | 13.76 | 21.64 | 350 | 0.21 | % | 0.30 | % | 1.30 | % | 15.79 | % | 14.63 | % | |||||||||||||||||||||||
2020 | 9 | 11.88 | 18.88 | 365 | 0.15 | % | 0.30 | % | 1.30 | % | 28.48 | % | 28.48 | % | |||||||||||||||||||||||
2019 | 21 | 14.69 | 14.69 | 310 | 0.93 | % | 1.30 | % | 1.30 | % | 33.12 | % | 33.12 | % | |||||||||||||||||||||||
American Funds IS Global Small Capitalization Fund, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 1 | 13.33 | 13.33 | 12 | 0.03 | % | 1.30 | % | 1.30 | % | 14.29 | % | 14.29 | % | |||||||||||||||||||||||
2022 | 1 | 11.66 | 11.66 | 10 | 0.00 | % | 1.30 | % | 1.30 | % | (30.60 | )% | (30.60 | )% | |||||||||||||||||||||||
2021 | 1 | 16.80 | 16.80 | 11 | 0.00 | % | 1.30 | % | 1.30 | % | 5.04 | % | 5.04 | % | |||||||||||||||||||||||
2020 | 1 | 15.99 | 15.99 | 11 | 0.12 | % | 1.30 | % | 1.30 | % | 27.71 | % | 27.71 | % | |||||||||||||||||||||||
2019 | 1 | 12.52 | 12.52 | 9 | 0.01 | % | 1.30 | % | 1.30 | % | 29.54 | % | 29.54 | % | |||||||||||||||||||||||
American Funds IS Growth Fund, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 7 | 28.90 | 28.90 | 201 | 0.18 | % | 1.30 | % | 1.30 | % | 36.35 | % | 36.35 | % | |||||||||||||||||||||||
2022 | 9 | 21.19 | 21.19 | 182 | 0.10 | % | 1.30 | % | 1.30 | % | (31.02 | )% | (31.02 | )% | |||||||||||||||||||||||
2021 | 6 | 30.73 | 30.73 | 179 | 0.06 | % | 1.30 | % | 1.30 | % | 20.10 | % | 20.10 | % | |||||||||||||||||||||||
2020 | 7 | 25.58 | 25.58 | 168 | 0.21 | % | 1.30 | % | 1.30 | % | 49.75 | % | 49.75 | % | |||||||||||||||||||||||
2019 | 9 | 17.09 | 17.09 | 146 | 0.58 | % | 1.30 | % | 1.30 | % | 28.75 | % | 28.75 | % |
117
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
American Funds IS Growth-Income Fund, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 2 | $ | 19.03 | $ | 19.03 | $ | 41 | 1.31 | % | 1.30 | % | 1.30 | % | 24.20 | % | 24.20 | % | ||||||||||||||||||||
2022 | 1 | 15.32 | 15.32 | 20 | 0.30 | % | 1.30 | % | 1.30 | % | (17.79 | )% | (17.79 | )% | |||||||||||||||||||||||
2021 | 10 | 14.18 | 14.18 | 146 | 1.14 | % | 0.30 | % | 0.30 | % | 0.52 | % | 0.52 | % | |||||||||||||||||||||||
American Funds IS International Fund, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 2 | 11.49 | 11.49 | 22 | 0.90 | % | 1.30 | % | 1.30 | % | 14.06 | % | 14.06 | % | |||||||||||||||||||||||
2022 | 3 | 10.08 | 10.08 | 34 | 1.79 | % | 1.30 | % | 1.30 | % | (22.05 | )% | (22.05 | )% | |||||||||||||||||||||||
2021 | 2 | 12.93 | 12.93 | 20 | 2.49 | % | 1.30 | % | 1.30 | % | (6.85 | )% | (6.85 | )% | |||||||||||||||||||||||
American Funds IS New World Fund, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 21 | 11.43 | 14.15 | 239 | 1.21 | % | 0.30 | % | 1.30 | % | 15.32 | % | 14.17 | % | |||||||||||||||||||||||
2022 | 23 | 9.91 | 12.39 | 239 | 0.28 | % | 0.30 | % | 1.30 | % | (22.49 | )% | (23.26 | )% | |||||||||||||||||||||||
2021 | 2 | 16.15 | 16.15 | 31 | 0.97 | % | 1.30 | % | 1.30 | % | 3.27 | % | 3.27 | % | |||||||||||||||||||||||
2020 | 1 | 15.64 | 15.64 | 11 | 0.04 | % | 1.30 | % | 1.30 | % | 21.69 | % | 21.69 | % | |||||||||||||||||||||||
2019 | 1 | 12.85 | 12.85 | 9 | 0.76 | % | 1.30 | % | 1.30 | % | 27.14 | % | 27.14 | % | |||||||||||||||||||||||
American Funds IS The Bond Fund of America, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 11 | 10.04 | 10.04 | 112 | 3.11 | % | 1.30 | % | 1.30 | % | 3.37 | % | 3.37 | % | |||||||||||||||||||||||
2022 | 12 | 9.71 | 9.71 | 116 | 2.69 | % | 1.30 | % | 1.30 | % | (13.88 | )% | (13.88 | )% | |||||||||||||||||||||||
2021 | 11 | 11.28 | 11.28 | 120 | 1.96 | % | 1.30 | % | 1.30 | % | (1.88 | )% | (1.88 | )% | |||||||||||||||||||||||
2020 | 2 | 11.49 | 11.49 | 23 | 2.07 | % | 1.30 | % | 1.30 | % | 7.96 | % | 7.96 | % | |||||||||||||||||||||||
2019 | 2 | 10.65 | 10.65 | 20 | 2.42 | % | 1.30 | % | 1.30 | % | 7.66 | % | 7.66 | % | |||||||||||||||||||||||
American Funds IS U.S. Government Securities Fund, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 12 | 9.57 | 9.57 | 111 | 3.56 | % | 1.30 | % | 1.30 | % | 1.29 | % | 1.29 | % | |||||||||||||||||||||||
2022 | 10 | 9.45 | 9.45 | 98 | 7.31 | % | 1.30 | % | 1.30 | % | (12.35 | )% | (12.35 | )% |
118
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
American Funds IS Washington Mutual Investors Fund, Class 4 | |||||||||||||||||||||||||||||||||||||
2023 | 18 | $ | 19.01 | $ | 19.01 | $ | 335 | 1.75 | % | 1.30 | % | 1.30 | % | 15.46 | % | 15.46 | % | ||||||||||||||||||||
2022 | 17 | 16.46 | 16.46 | 275 | 2.18 | % | 1.30 | % | 1.30 | % | (9.87 | )% | (9.87 | )% | |||||||||||||||||||||||
2021 | 8 | 18.26 | 18.26 | 155 | 1.27 | % | 1.30 | % | 1.30 | % | 25.86 | % | 25.86 | % | |||||||||||||||||||||||
2020 | 9 | 14.51 | 14.51 | 133 | 1.63 | % | 1.30 | % | 1.30 | % | 7.06 | % | 7.06 | % | |||||||||||||||||||||||
2019 | 6 | 13.55 | 13.55 | 86 | 1.92 | % | 1.30 | % | 1.30 | % | 19.46 | % | 19.46 | % | |||||||||||||||||||||||
BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | |||||||||||||||||||||||||||||||||||||
2023 | 26 | 10.47 | 10.47 | 272 | 2.04 | % | 1.30 | % | 1.30 | % | 13.82 | % | 13.82 | % | |||||||||||||||||||||||
2022 | 23 | 9.20 | 9.20 | 207 | 3.90 | % | 1.30 | % | 1.30 | % | (16.14 | )% | (16.14 | )% | |||||||||||||||||||||||
BlackRock Global Allocation V.I. Fund, Class III | |||||||||||||||||||||||||||||||||||||
2023 | 4 | 9.65 | 9.65 | 39 | 2.38 | % | 1.30 | % | 1.30 | % | 11.03 | % | 11.03 | % | |||||||||||||||||||||||
2022 | 5 | 8.69 | 8.69 | 40 | 0.00 | % | 1.30 | % | 1.30 | % | (17.16 | )% | (17.16 | )% | |||||||||||||||||||||||
2021 | 2 | 10.49 | 10.49 | 21 | 0.66 | % | 1.30 | % | 1.30 | % | (1.01 | )% | 1.57 | % | |||||||||||||||||||||||
ClearBridge Variable Large Cap Growth Portfolio, Class II | |||||||||||||||||||||||||||||||||||||
2023 | 0 | * | 11.75 | 11.75 | 4 | 0.00 | % | 1.30 | % | 1.30 | % | 41.80 | % | 41.80 | % | ||||||||||||||||||||||
2022 | 1 | 8.28 | 8.28 | 6 | 0.00 | % | 1.30 | % | 1.30 | % | (33.29 | )% | (33.29 | )% | |||||||||||||||||||||||
ClearBridge Variable Mid Cap Portfolio, Class II | |||||||||||||||||||||||||||||||||||||
2023 | 31 | 32.42 | 22.98 | 789 | 0.01 | % | 1.15 | % | 1.75 | % | 11.33 | % | 10.66 | % | |||||||||||||||||||||||
2022 | 8 | 29.12 | 20.77 | 207 | 0.03 | % | 1.15 | % | 1.75 | % | (26.36 | )% | (26.80 | )% | |||||||||||||||||||||||
2021 | 37 | 39.54 | 28.37 | 1,161 | 0.03 | % | 1.15 | % | 1.75 | % | 75.80 | % | (8.93 | )% | |||||||||||||||||||||||
2020 | 47 | 22.49 | 31.16 | 1,187 | 0.03 | % | 1.15 | % | 1.75 | % | 13.09 | % | 13.78 | % | |||||||||||||||||||||||
2019 | 59 | 19.89 | 27.38 | 1,292 | 0.58 | % | 1.15 | % | 1.75 | % | 30.33 | % | 31.13 | % |
119
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
ClearBridge Variable Small Cap Growth Portfolio, Class II | |||||||||||||||||||||||||||||||||||||
2023 | 8 | $ | 41.24 | $ | 27.99 | $ | 252 | 0.00 | % | 1.15 | % | 1.75 | % | 6.88 | % | 6.24 | % | ||||||||||||||||||||
2022 | 4 | 38.59 | 26.34 | 122 | 0.00 | % | 1.15 | % | 1.75 | % | (29.82 | )% | (30.25 | )% | |||||||||||||||||||||||
2021 | 7 | 54.98 | 37.77 | 315 | 0.00 | % | 1.15 | % | 1.75 | % | 60.64 | % | (23.74 | )% | |||||||||||||||||||||||
2020 | 47 | 34.23 | 49.52 | 792 | 0.00 | % | 1.15 | % | 1.75 | % | 40.42 | % | 41.27 | % | |||||||||||||||||||||||
2019 | 24 | 24.38 | 35.42 | 672 | 0.00 | % | 1.05 | % | 1.75 | % | 24.34 | % | 25.22 | % | |||||||||||||||||||||||
Columbia VP Balanced Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 37 | 10.89 | 10.89 | 403 | 0.00 | % | 1.30 | % | 1.30 | % | 19.53 | % | 19.53 | % | |||||||||||||||||||||||
2022 | 30 | 9.11 | 9.11 | 276 | 0.00 | % | 1.30 | % | 1.30 | % | (17.94 | )% | (17.94 | )% | |||||||||||||||||||||||
Columbia VP Intermediate Bond Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 27 | 8.50 | 8.50 | 226 | 2.21 | % | 1.30 | % | 1.30 | % | 4.71 | % | 4.71 | % | |||||||||||||||||||||||
2022 | 29 | 8.11 | 8.11 | 232 | 5.15 | % | 1.30 | % | 1.30 | % | (18.29 | )% | (18.29 | )% | |||||||||||||||||||||||
2021 | 3 | 9.93 | 9.93 | 28 | 0.00 | % | 1.30 | % | 1.30 | % | (0.40 | )% | (0.40 | )% | |||||||||||||||||||||||
Columbia VP Limited Duration Credit Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 2 | 9.60 | 9.60 | 15 | 3.06 | % | 1.30 | % | 1.30 | % | 5.28 | % | 5.28 | % | |||||||||||||||||||||||
2022 | 2 | 9.12 | 9.12 | 15 | 0.33 | % | 1.30 | % | 1.30 | % | (7.57 | )% | (7.57 | )% | |||||||||||||||||||||||
Columbia VP Strategic Income Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 1 | 9.38 | 9.38 | 8 | 3.65 | % | 1.30 | % | 1.30 | % | 7.79 | % | 7.79 | % | |||||||||||||||||||||||
2022 | 1 | 8.70 | 8.70 | 6 | 6.01 | % | 1.30 | % | 1.30 | % | (12.66 | )% | (12.66 | )% | |||||||||||||||||||||||
Dimensional VA Global Bond Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 4 | 9.68 | 9.68 | 35 | 4.00 | % | 0.30 | % | 0.30 | % | 4.74 | % | 4.74 | % | |||||||||||||||||||||||
2022 | 4 | 9.25 | 9.25 | 34 | 1.99 | % | 0.30 | % | 0.30 | % | (6.61 | )% | (6.61 | )% | |||||||||||||||||||||||
2021 | 2 | 9.90 | 9.90 | 21 | 2.90 | % | 0.30 | % | 0.30 | % | (1.12 | )% | (1.12 | )% | |||||||||||||||||||||||
Dimensional VA International Small Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 7 | 13.53 | 13.53 | 89 | 7.74 | % | 0.30 | % | 0.30 | % | 13.77 | % | 13.77 | % | |||||||||||||||||||||||
2022 | 1 | 11.89 | 11.89 | 13 | 3.60 | % | 0.30 | % | 0.30 | % | (17.89 | )% | (17.89 | )% | |||||||||||||||||||||||
2021 | - | 14.48 | 14.48 | 6 | 5.46 | % | 0.30 | % | 0.30 | % | 2.60 | % | 2.60 | % |
120
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Dimensional VA International Value Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 13 | $ | 16.31 | $ | 16.31 | $ | 206 | 3.87 | % | 0.30 | % | 0.30 | % | 17.51 | % | 17.51 | % | ||||||||||||||||||||
2022 | 18 | 13.88 | 13.88 | 251 | 2.12 | % | 0.30 | % | 0.30 | % | (3.75 | )% | (3.75 | )% | |||||||||||||||||||||||
2021 | 19 | 14.42 | 14.42 | 270 | 8.46 | % | 0.30 | % | 0.30 | % | 4.00 | % | 4.00 | % | |||||||||||||||||||||||
Dimensional VA Short-Term Fixed Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 8 | 10.25 | 10.25 | 83 | 3.86 | % | 0.30 | % | 0.30 | % | 4.67 | % | 4.67 | % | |||||||||||||||||||||||
2022 | 8 | 9.79 | 9.79 | 79 | 1.42 | % | 0.30 | % | 0.30 | % | (1.45 | )% | (1.45 | )% | |||||||||||||||||||||||
2021 | 7 | 9.94 | 9.94 | 67 | 0.01 | % | 0.30 | % | 0.30 | % | (0.33 | )% | (0.33 | )% | |||||||||||||||||||||||
Dimensional VA US Large Value Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 20 | 16.53 | 16.53 | 332 | 2.30 | % | 0.30 | % | 0.30 | % | 10.59 | % | 10.59 | % | |||||||||||||||||||||||
2022 | 21 | 14.94 | 14.94 | 312 | 2.53 | % | 0.30 | % | 0.30 | % | (5.16 | )% | (5.16 | )% | |||||||||||||||||||||||
2021 | 21 | 15.76 | 15.76 | 329 | 3.53 | % | 0.30 | % | 0.30 | % | 8.28 | % | 8.28 | % | |||||||||||||||||||||||
Dimensional VA US Targeted Value Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 25 | 22.60 | 22.60 | 570 | 2.61 | % | 0.30 | % | 0.30 | % | 19.67 | % | 19.67 | % | |||||||||||||||||||||||
2022 | 1 | 18.88 | 18.88 | 10 | 22.96 | % | 0.30 | % | 0.30 | % | (4.50 | )% | (4.50 | )% | |||||||||||||||||||||||
Fidelity VIP Asset Manager Portfolio, Service Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 0 | * | 10.04 | 10.04 | 3 | 2.20 | % | 1.30 | % | 1.30 | % | 11.19 | % | 11.19 | % | ||||||||||||||||||||||
2022 | 0 | * | 9.03 | 9.03 | 3 | 1.80 | % | 1.30 | % | 1.30 | % | (16.25 | )% | (16.25 | )% | ||||||||||||||||||||||
2021 | - | 10.78 | 10.78 | 3 | 3.64 | % | 1.30 | % | 1.30 | % | 0.32 | % | 2.44 | % | |||||||||||||||||||||||
Fidelity VIP Balanced Portfolio, Service Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 64 | 11.03 | 11.03 | 706 | 1.62 | % | 1.30 | % | 1.30 | % | 19.66 | % | 19.66 | % | |||||||||||||||||||||||
2022 | 53 | 9.22 | 9.22 | 487 | 1.74 | % | 1.30 | % | 1.30 | % | (19.25 | )% | (19.25 | )% |
121
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Fidelity VIP Contrafund Portfolio, Service Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 138 | $ | 55.43 | $ | 33.33 | $ | 5,068 | 0.26 | % | 1.05 | % | 1.75 | % | 31.73 | % | 30.80 | % | ||||||||||||||||||||
2022 | 95 | 42.08 | 25.49 | 2,836 | 0.16 | % | 1.05 | % | 1.75 | % | (27.26 | )% | (27.77 | )% | |||||||||||||||||||||||
2021 | 192 | 57.85 | 35.28 | 7,547 | 0.03 | % | 1.05 | % | 1.75 | % | 26.17 | % | 25.28 | % | |||||||||||||||||||||||
2020 | 226 | 28.16 | 45.85 | 6,901 | 0.08 | % | 1.05 | % | 1.75 | % | 27.96 | % | 28.87 | % | |||||||||||||||||||||||
2019 | 300 | 22.01 | 35.58 | 7,327 | 0.25 | % | 1.05 | % | 1.75 | % | 28.98 | % | 29.90 | % | |||||||||||||||||||||||
Fidelity VIP Equity-Income Portfolio, Service Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | - | 30.54 | 30.54 | 0 | * | 0.01 | % | 1.50 | % | 1.50 | % | 3.69 | % | 3.69 | % | ||||||||||||||||||||||
2022 | 3 | 29.45 | 29.45 | 90 | 1.01 | % | 1.50 | % | 1.50 | % | (6.66 | )% | (6.66 | )% | |||||||||||||||||||||||
2021 | 7 | 31.56 | 31.56 | 232 | 1.68 | % | 1.50 | % | 1.50 | % | 22.74 | % | 22.74 | % | |||||||||||||||||||||||
2020 | 8 | 25.71 | 25.71 | 205 | 1.54 | % | 1.50 | % | 1.50 | % | 4.85 | % | 4.85 | % | |||||||||||||||||||||||
2019 | 8 | 19.03 | 34.64 | 185 | 1.90 | % | 0.60 | % | 1.65 | % | 25.01 | % | 26.34 | % | |||||||||||||||||||||||
Fidelity VIP FundsManager 20% Portfolio, Service Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 0 | * | 9.82 | 9.82 | 4 | 1.60 | % | 1.30 | % | 1.30 | % | 6.62 | % | 6.62 | % | ||||||||||||||||||||||
2022 | 2 | 9.21 | 9.21 | 15 | 3.15 | % | 1.30 | % | 1.30 | % | (10.93 | )% | (10.93 | )% | |||||||||||||||||||||||
Fidelity VIP FundsManager 85% Portfolio, Service Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | - | 10.20 | 10.20 | - | 0.48 | % | 1.30 | % | 1.30 | % | 9.63 | % | 9.63 | % | |||||||||||||||||||||||
2022 | 1 | 9.30 | 9.30 | 11 | 15.33 | % | 1.30 | % | 1.30 | % | (18.27 | )% | (18.27 | )% | |||||||||||||||||||||||
Fidelity VIP Health Care Portfolio, Service Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 7 | 9.78 | 9.78 | 67 | 0.00 | % | 1.30 | % | 1.30 | % | 2.67 | % | 2.67 | % | |||||||||||||||||||||||
2022 | 2 | 9.52 | 9.52 | 17 | 0.00 | % | 1.30 | % | 1.30 | % | (13.75 | )% | (13.75 | )% | |||||||||||||||||||||||
Fidelity VIP Index 500 Portfolio, Service Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 188 | 52.42 | 35.84 | 7,078 | 1.23 | % | 1.15 | % | 1.75 | % | 24.44 | % | 23.69 | % | |||||||||||||||||||||||
2022 | 144 | 42.12 | 28.98 | 4,388 | 0.95 | % | 1.15 | % | 1.75 | % | (19.35 | )% | (19.84 | )% | |||||||||||||||||||||||
2021 | 225 | 52.23 | 36.15 | 8,516 | 1.02 | % | 1.15 | % | 1.75 | % | 26.78 | % | 26.02 | % | |||||||||||||||||||||||
2020 | 260 | 28.68 | 41.20 | 7,793 | 1.37 | % | 1.15 | % | 1.75 | % | 15.89 | % | 16.59 | % | |||||||||||||||||||||||
2019 | 340 | 24.75 | 35.34 | 8,768 | 1.95 | % | 1.05 | % | 1.75 | % | 28.73 | % | 29.52 | % |
122
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Fidelity VIP Investment Grade Bond Portfolio, Service Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 361 | $ | 9.25 | $ | 10.53 | $ | 4,200 | 2.48 | % | 0.30 | % | 1.75 | % | 5.68 | % | 4.15 | % | ||||||||||||||||||||
2022 | 384 | 8.75 | 10.11 | 4,302 | 2.04 | % | 0.30 | % | 1.75 | % | (13.47 | )% | (14.73 | )% | |||||||||||||||||||||||
2021 | 395 | 10.11 | 11.86 | 5,202 | 1.84 | % | 0.30 | % | 1.75 | % | (1.19 | )% | (2.63 | )% | |||||||||||||||||||||||
2020 | 379 | 10.23 | 17.56 | 5,124 | 1.96 | % | 0.30 | % | 1.75 | % | 7.26 | % | 8.02 | % | |||||||||||||||||||||||
2019 | 434 | 11.35 | 16.25 | 5,439 | 2.52 | % | 1.05 | % | 1.75 | % | 7.49 | % | 8.26 | % | |||||||||||||||||||||||
Fidelity VIP Mid Cap Portfolio, Service Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 107 | 16.27 | 23.77 | 2,948 | 0.41 | % | 0.30 | % | 1.75 | % | 14.46 | % | 12.80 | % | |||||||||||||||||||||||
2022 | 77 | 14.21 | 21.07 | 1,953 | 0.19 | % | 0.30 | % | 1.75 | % | (15.22 | )% | (16.45 | )% | |||||||||||||||||||||||
2021 | 150 | 16.77 | 25.22 | 4,331 | 0.34 | % | 0.30 | % | 1.75 | % | 24.93 | % | 23.12 | % | |||||||||||||||||||||||
2020 | 187 | 13.42 | 39.57 | 4,393 | 0.35 | % | 0.30 | % | 1.75 | % | 15.81 | % | 16.51 | % | |||||||||||||||||||||||
2019 | 223 | 17.69 | 36.63 | 4,503 | 0.82 | % | 1.05 | % | 1.75 | % | 21.02 | % | 21.88 | % | |||||||||||||||||||||||
Franklin DynaTech VIP Fund | |||||||||||||||||||||||||||||||||||||
2023 | 20 | 45.45 | 32.90 | 651 | 0.00 | % | 1.15 | % | 1.65 | % | 42.13 | % | 41.41 | % | |||||||||||||||||||||||
2022 | 5 | 31.98 | 21.36 | 121 | 0.00 | % | 1.15 | % | 1.75 | % | (40.65 | )% | (41.01 | )% | |||||||||||||||||||||||
2021 | 16 | 53.88 | 36.21 | 621 | 0.00 | % | 1.15 | % | 1.75 | % | 14.81 | % | 14.12 | % | |||||||||||||||||||||||
2020 | 27 | 31.73 | 46.93 | 904 | 0.00 | % | 1.15 | % | 1.75 | % | 42.36 | % | 43.22 | % | |||||||||||||||||||||||
2019 | 19 | 22.29 | 32.77 | 464 | 0.00 | % | 1.15 | % | 1.75 | % | 28.87 | % | 29.66 | % | |||||||||||||||||||||||
Franklin Income VIP Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 159 | 22.58 | 16.32 | 2,931 | 5.90 | % | 1.05 | % | 1.75 | % | 7.49 | % | 6.73 | % | |||||||||||||||||||||||
2022 | 60 | 21.01 | 15.29 | 1,087 | 3.15 | % | 1.05 | % | 1.75 | % | (6.46 | )% | (7.12 | )% | |||||||||||||||||||||||
2021 | 233 | 22.46 | 16.46 | 4,275 | 4.66 | % | 1.05 | % | 1.75 | % | 15.53 | % | 14.72 | % | |||||||||||||||||||||||
2020 | 268 | 14.35 | 22.86 | 4,259 | 1.84 | % | 1.05 | % | 1.75 | % | (1.07 | )% | (0.36 | )% | |||||||||||||||||||||||
2019 | 357 | 14.51 | 22.97 | 5,672 | 8.00 | % | 1.05 | % | 1.75 | % | 14.03 | % | 14.84 | % |
123
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Franklin Multi-Asset Dynamic Multi-Strategy VIT, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | - | - | 0.00 | % | 1.30 | % | 1.75 | % | 0.00 | % | 0.00 | % | |||||||||||||||||||||||||
2022 | - | $ | 11.58 | $ | 11.05 | $ | - | 0.00 | % | 1.30 | % | 1.75 | % | (13.57 | )% | (13.81 | )% | ||||||||||||||||||||
2021 | 542 | 13.40 | 12.82 | 7,208 | 2.32 | % | 1.30 | % | 1.75 | % | 11.19 | % | 10.68 | % | |||||||||||||||||||||||
2020 | 617 | 11.58 | 12.05 | 7,449 | 1.49 | % | 1.30 | % | 1.75 | % | (9.92 | )% | (9.50 | )% | |||||||||||||||||||||||
2019 | 681 | 12.86 | 13.32 | 9,012 | 1.99 | % | 1.30 | % | 1.75 | % | 13.49 | % | 14.01 | % | |||||||||||||||||||||||
Franklin Mutual Shares VIP Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 142 | 14.99 | 19.15 | 2,843 | 2.09 | % | 0.30 | % | 1.75 | % | 13.12 | % | 11.49 | % | |||||||||||||||||||||||
2022 | 96 | 13.25 | 17.17 | 1,740 | 1.07 | % | 0.30 | % | 1.75 | % | (7.71 | )% | (9.05 | )% | |||||||||||||||||||||||
2021 | 218 | 14.36 | 18.88 | 4,268 | 2.91 | % | 0.30 | % | 1.75 | % | 18.81 | % | 17.09 | % | |||||||||||||||||||||||
2020 | 260 | 12.08 | 21.85 | 4,346 | 1.12 | % | 0.30 | % | 1.75 | % | (6.70 | )% | (6.04 | )% | |||||||||||||||||||||||
2019 | 302 | 16.81 | 23.28 | 5,415 | 2.57 | % | 1.05 | % | 1.75 | % | 20.43 | % | 21.29 | % | |||||||||||||||||||||||
Franklin Rising Dividends VIP Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 113 | 15.08 | 31.50 | 3,831 | 1.05 | % | 0.30 | % | 1.75 | % | 11.74 | % | 10.12 | % | |||||||||||||||||||||||
2022 | 135 | 13.50 | 28.60 | 4,155 | 0.36 | % | 0.30 | % | 1.75 | % | (10.84 | )% | (12.13 | )% | |||||||||||||||||||||||
2021 | 165 | 15.14 | 32.55 | 5,748 | 0.86 | % | 0.30 | % | 1.75 | % | 26.41 | % | 24.57 | % | |||||||||||||||||||||||
2020 | 195 | 11.97 | 38.16 | 5,399 | 0.75 | % | 0.30 | % | 1.75 | % | 13.94 | % | 14.75 | % | |||||||||||||||||||||||
2019 | 249 | 22.93 | 33.29 | 6,149 | 1.75 | % | 1.05 | % | 1.75 | % | 26.97 | % | 27.88 | % | |||||||||||||||||||||||
Franklin Small Cap Value VIP Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 20 | 34.04 | 24.91 | 557 | 0.49 | % | 1.15 | % | 1.75 | % | 11.45 | % | 10.78 | % | |||||||||||||||||||||||
2022 | 16 | 30.54 | 22.49 | 398 | 0.55 | % | 1.15 | % | 1.75 | % | (11.10 | )% | (11.63 | )% | |||||||||||||||||||||||
2021 | 29 | 34.36 | 25.45 | 806 | 1.07 | % | 1.15 | % | 1.75 | % | 23.93 | % | 23.18 | % | |||||||||||||||||||||||
2020 | 34 | 20.66 | 27.72 | 775 | 0.87 | % | 1.15 | % | 1.75 | % | 3.35 | % | 3.98 | % | |||||||||||||||||||||||
2019 | 37 | 19.99 | 26.66 | 798 | 0.71 | % | 1.15 | % | 1.75 | % | 24.14 | % | 24.90 | % |
124
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Franklin Small-Mid Cap Growth VIP Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 32 | $ | 46.86 | $ | 26.86 | $ | 955 | 0.00 | % | 1.15 | % | 1.75 | % | 25.29 | % | 24.53 | % | ||||||||||||||||||||
2022 | 23 | 37.41 | 21.57 | 553 | 0.00 | % | 1.15 | % | 1.75 | % | (34.45 | )% | (34.85 | )% | |||||||||||||||||||||||
2021 | 29 | 57.07 | 33.11 | 1,056 | 0.00 | % | 1.15 | % | 1.75 | % | 8.75 | % | 8.09 | % | |||||||||||||||||||||||
2020 | 41 | 30.63 | 52.47 | 1,363 | 0.00 | % | 1.15 | % | 1.75 | % | 52.38 | % | 53.31 | % | |||||||||||||||||||||||
2019 | 61 | 20.10 | 34.23 | 1,364 | 0.00 | % | 1.15 | % | 1.75 | % | 29.14 | % | 29.93 | % | |||||||||||||||||||||||
Franklin U.S. Government Securities VIP Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 268 | 11.67 | 8.84 | 2,632 | 2.66 | % | 1.05 | % | 1.75 | % | 3.37 | % | 2.65 | % | |||||||||||||||||||||||
2022 | 312 | 11.29 | 8.61 | 2,981 | 2.36 | % | 1.05 | % | 1.75 | % | (10.70 | )% | (11.33 | )% | |||||||||||||||||||||||
2021 | 328 | 12.64 | 9.71 | 3,537 | 2.40 | % | 1.05 | % | 1.75 | % | (2.86 | )% | (3.54 | )% | |||||||||||||||||||||||
2020 | 329 | 10.07 | 13.02 | 3,658 | 3.40 | % | 1.05 | % | 1.75 | % | 2.02 | % | 2.74 | % | |||||||||||||||||||||||
2019 | 387 | 9.87 | 12.67 | 4,185 | 2.89 | % | 1.05 | % | 1.75 | % | 3.39 | % | 4.13 | % | |||||||||||||||||||||||
Goldman Sachs VIT Core Fixed Income Fund, Service Shares | |||||||||||||||||||||||||||||||||||||
2023 | 36 | 8.92 | 9.95 | 360 | 2.80 | % | 0.30 | % | 1.30 | % | 5.51 | % | 4.46 | % | |||||||||||||||||||||||
2022 | 41 | 8.46 | 9.53 | 384 | 1.39 | % | 0.30 | % | 1.30 | % | (14.53 | )% | (15.39 | )% | |||||||||||||||||||||||
2021 | 38 | 9.89 | 11.26 | 426 | 1.10 | % | 0.30 | % | 1.30 | % | (2.52 | )% | (3.50 | )% | |||||||||||||||||||||||
2020 | 36 | 10.15 | 11.67 | 421 | 1.96 | % | 0.30 | % | 1.30 | % | 7.98 | % | 7.98 | % | |||||||||||||||||||||||
2019 | 38 | 10.80 | 10.80 | 405 | 2.38 | % | 1.30 | % | 1.30 | % | 7.59 | % | 7.59 | % | |||||||||||||||||||||||
Goldman Sachs VIT International Equity Insights Fund, Institutional Shares | |||||||||||||||||||||||||||||||||||||
2023 | 0 | * | 25.82 | 25.82 | 3 | 2.70 | % | 1.40 | % | 1.40 | % | 17.05 | % | 17.05 | % | ||||||||||||||||||||||
2022 | 0 | * | 22.06 | 22.06 | 2 | 3.00 | % | 1.40 | % | 1.40 | % | (14.76 | )% | (14.76 | )% | ||||||||||||||||||||||
2021 | - | 25.88 | 25.88 | 3 | 2.93 | % | 1.40 | % | 1.40 | % | 10.60 | % | 10.60 | % | |||||||||||||||||||||||
2020 | 0 | * | 23.39 | 23.39 | 3 | 1.46 | % | 1.40 | % | 1.40 | % | 5.32 | % | 5.32 | % | ||||||||||||||||||||||
2019 | - | 22.21 | 2.21 | 2 | 2.49 | % | 1.40 | % | 1.40 | % | 16.80 | % | 16.80 | % |
125
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Goldman Sachs VIT International Equity Insights Fund, Service Shares | |||||||||||||||||||||||||||||||||||||
2023 | 26 | $ | 12.76 | $ | 13.62 | $ | 416 | 1.81 | % | 1.05 | % | 1.75 | % | 17.19 | % | 16.36 | % | ||||||||||||||||||||
2022 | 22 | 10.89 | 15.33 | 307 | 2.59 | % | 1.05 | % | 1.65 | % | (14.62 | )% | (15.14 | )% | |||||||||||||||||||||||
2021 | 32 | 12.75 | 13.80 | 530 | 2.21 | % | 1.05 | % | 1.75 | % | 10.64 | % | 9.86 | % | |||||||||||||||||||||||
2020 | 44 | 11.53 | 17.48 | 657 | 1.27 | % | 1.05 | % | 1.75 | % | 4.68 | % | 5.43 | % | |||||||||||||||||||||||
2019 | 43 | 10.93 | 16.60 | 599 | 2.67 | % | 1.05 | % | 1.75 | % | 16.17 | % | 16.99 | % | |||||||||||||||||||||||
Goldman Sachs VIT Large Cap Value Fund, Service Shares | |||||||||||||||||||||||||||||||||||||
2023 | 23 | 22.97 | 23.90 | 646 | 1.35 | % | 1.05 | % | 1.75 | % | 11.53 | % | 10.74 | % | |||||||||||||||||||||||
2022 | 29 | 20.59 | 21.58 | 735 | 1.05 | % | 1.05 | % | 1.75 | % | (7.55 | )% | (8.20 | )% | |||||||||||||||||||||||
2021 | 36 | 22.27 | 23.51 | 977 | 0.90 | % | 1.05 | % | 1.75 | % | 22.63 | % | 21.76 | % | |||||||||||||||||||||||
2020 | 41 | 18.16 | 24.30 | 917 | 0.99 | % | 1.05 | % | 1.75 | % | 1.93 | % | 2.66 | % | |||||||||||||||||||||||
2019 | 48 | 17.69 | 23.70 | 1,053 | 1.24 | % | 1.05 | % | 1.75 | % | 23.42 | % | 24.30 | % | |||||||||||||||||||||||
Goldman Sachs VIT Mid Cap Growth Fund, Service Shares | |||||||||||||||||||||||||||||||||||||
2023 | 8 | 40.90 | 38.06 | 302 | 0.00 | % | 1.15 | % | 1.65 | % | 17.09 | % | 16.50 | % | |||||||||||||||||||||||
2022 | 4 | 34.93 | 32.67 | 119 | 0.00 | % | 1.15 | % | 1.65 | % | (27.15 | )% | (27.52 | )% | |||||||||||||||||||||||
2021 | 8 | 47.94 | 45.07 | 337 | 0.00 | % | 1.15 | % | 1.65 | % | 10.20 | % | 9.64 | % | |||||||||||||||||||||||
2020 | 2 | 33.13 | 43.51 | 344 | 0.00 | % | 1.15 | % | 1.65 | % | 41.93 | % | 42.65 | % | |||||||||||||||||||||||
2019 | 28 | 22.39 | 30.50 | 688 | 0.00 | % | 1.15 | % | 1.75 | % | 31.72 | % | 32.52 | % | |||||||||||||||||||||||
Goldman Sachs VIT Mid Cap Value Fund, Service Shares | |||||||||||||||||||||||||||||||||||||
2023 | 60 | 29.61 | 24.37 | 1,623 | 0.59 | % | 1.15 | % | 1.75 | % | 9.84 | % | 9.17 | % | |||||||||||||||||||||||
2022 | 49 | 26.96 | 22.32 | 1,229 | 0.27 | % | 1.15 | % | 1.75 | % | (11.26 | )% | (11.80 | )% | |||||||||||||||||||||||
2021 | 90 | 30.38 | 25.30 | 2,491 | 0.21 | % | 1.15 | % | 1.75 | % | 29.07 | % | 28.29 | % | |||||||||||||||||||||||
2020 | 99 | 19.72 | 23.54 | 2,148 | 0.35 | % | 1.15 | % | 1.75 | % | 6.30 | % | 6.95 | % | |||||||||||||||||||||||
2019 | 126 | 18.55 | 22.01 | 2,549 | 0.76 | % | 1.15 | % | 1.75 | % | 28.88 | % | 29.67 | % |
126
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Goldman Sachs VIT Small Cap Equity Insights Fund, Institutional Shares | |||||||||||||||||||||||||||||||||||||
2023 | 0 | * | $ | 75.12 | $ | 75.12 | $ | 19 | 1.04 | % | 1.40 | % | 1.40 | % | 17.61 | % | 17.61 | % | |||||||||||||||||||
2022 | 0 | * | 63.87 | 63.87 | 16 | 0.30 | % | 1.40 | % | 1.40 | % | (20.51 | )% | (20.51 | )% | ||||||||||||||||||||||
2021 | - | 80.34 | 80.34 | 20 | 0.50 | % | 1.40 | % | 1.40 | % | 22.06 | % | 22.06 | % | |||||||||||||||||||||||
2020 | 0 | * | 65.82 | 65.82 | 16 | 0.20 | % | 1.40 | % | 1.40 | % | 7.06 | % | 7.06 | % | ||||||||||||||||||||||
2019 | - | 61.48 | 61.48 | 15 | 0.51 | % | 1.40 | % | 1.40 | % | 23.10 | % | 23.10 | % | |||||||||||||||||||||||
Goldman Sachs VIT Small Cap Equity Insights Fund, Service Shares | |||||||||||||||||||||||||||||||||||||
2023 | 2 | 10.50 | 10.50 | 19 | 0.72 | % | 0.30 | % | 0.30 | % | 18.60 | % | 18.60 | % | |||||||||||||||||||||||
2022 | 2 | 8.85 | 8.85 | 22 | 0.19 | % | 0.30 | % | 0.30 | % | (19.88 | )% | (19.88 | )% | |||||||||||||||||||||||
Goldman Sachs VIT Strategic Growth Fund, Institutional Shares | |||||||||||||||||||||||||||||||||||||
2023 | 1 | 100.70 | 100.70 | 67 | 0.00 | % | 1.40 | % | 1.40 | % | 39.96 | % | 39.96 | % | |||||||||||||||||||||||
2022 | 1 | 71.95 | 71.95 | 50 | 0.00 | % | 1.40 | % | 1.40 | % | (33.46 | )% | (33.46 | )% | |||||||||||||||||||||||
2021 | 1 | 108.12 | 108.12 | 81 | 0.00 | % | 1.40 | % | 1.40 | % | 20.22 | % | 20.22 | % | |||||||||||||||||||||||
2020 | 1 | 89.94 | 89.94 | 71 | 0.08 | % | 1.40 | % | 1.40 | % | 38.54 | % | 38.54 | % | |||||||||||||||||||||||
2019 | 1 | 64.92 | 64.92 | 58 | 0.30 | % | 1.40 | % | 1.40 | % | 33.63 | % | 33.63 | % | |||||||||||||||||||||||
Goldman Sachs VIT Strategic Growth Fund, Service Shares | |||||||||||||||||||||||||||||||||||||
2023 | 65 | 60.57 | 40.38 | 3,079 | 0.00 | % | 1.15 | % | 1.75 | % | 40.03 | % | 39.18 | % | |||||||||||||||||||||||
2022 | 26 | 43.26 | 29.01 | 922 | 0.00 | % | 1.15 | % | 1.75 | % | (33.45 | )% | (33.86 | )% | |||||||||||||||||||||||
2021 | 75 | 65.00 | 43.86 | 3,789 | 0.00 | % | 1.15 | % | 1.75 | % | 20.16 | % | 19.43 | % | |||||||||||||||||||||||
2020 | 92 | 36.73 | 54.10 | 3,754 | 0.00 | % | 1.15 | % | 1.75 | % | 37.66 | % | 38.50 | % | |||||||||||||||||||||||
2019 | 139 | 26.68 | 39.06 | 4,150 | 0.07 | % | 1.15 | % | 1.75 | % | 32.96 | % | 33.76 | % | |||||||||||||||||||||||
Goldman Sachs VIT Trend Driven Allocation, Service Shares | |||||||||||||||||||||||||||||||||||||
2023 | 21 | 13.36 | 12.86 | 273 | 1.70 | % | 1.30 | % | 1.65 | % | 14.08 | % | 13.67 | % | |||||||||||||||||||||||
2022 | 21 | 11.71 | 11.31 | 239 | 0.00 | % | 1.30 | % | 1.65 | % | (20.21 | )% | (20.49 | )% | |||||||||||||||||||||||
2021 | 13 | 14.68 | 14.23 | 195 | 0.00 | % | 1.30 | % | 1.65 | % | 14.66 | % | 14.26 | % | |||||||||||||||||||||||
2020 | 14 | 12.45 | 12.80 | 173 | 0.27 | % | 1.30 | % | 1.65 | % | 2.40 | % | 2.76 | % | |||||||||||||||||||||||
2019 | 14 | 12.16 | 12.46 | 175 | 1.34 | % | 1.30 | % | 1.65 | % | 10.09 | % | 10.48 | % |
127
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Shares | |||||||||||||||||||||||||||||||||||||
2023 | 1 | $ | 95.33 | $ | 95.33 | $ | 82 | 0.70 | % | 1.40 | % | 1.40 | % | 22.08 | % | 22.08 | % | ||||||||||||||||||||
2022 | 1 | 78.09 | 78.09 | 69 | 0.77 | % | 1.40 | % | 1.40 | % | (20.86 | )% | (20.86 | )% | |||||||||||||||||||||||
2021 | 1 | 98.67 | 98.67 | 91 | 0.83 | % | 1.40 | % | 1.40 | % | 27.60 | % | 27.60 | % | |||||||||||||||||||||||
2020 | 1 | 77.33 | 77.33 | 73 | 0.82 | % | 1.40 | % | 1.40 | % | 15.90 | % | 15.90 | % | |||||||||||||||||||||||
2019 | 1 | 66.72 | 66.72 | 65 | 1.31 | % | 1.40 | % | 1.40 | % | 23.46 | % | 23.46 | % | |||||||||||||||||||||||
Goldman Sachs VIT U.S. Equity Insights Fund, Service Shares | |||||||||||||||||||||||||||||||||||||
2023 | 0 | * | 45.89 | 45.89 | 17 | 0.45 | % | 1.50 | % | 1.50 | % | 21.74 | % | 21.74 | % | ||||||||||||||||||||||
2022 | 0 | * | 37.70 | 37.70 | 16 | 0.54 | % | 1.50 | % | 1.50 | % | (21.10 | )% | (21.10 | )% | ||||||||||||||||||||||
2021 | - | 47.78 | 47.78 | 21 | 0.55 | % | 1.50 | % | 1.50 | % | 27.18 | % | 27.18 | % | |||||||||||||||||||||||
2020 | 1 | 37.57 | 37.57 | 20 | 0.58 | % | 1.50 | % | 1.50 | % | 15.56 | % | 15.56 | % | |||||||||||||||||||||||
2019 | 1 | 32.51 | 32.51 | 19 | 1.13 | % | 1.50 | % | 1.50 | % | 23.06 | % | 23.06 | % | |||||||||||||||||||||||
Invesco V.I. American Franchise Fund, Series I | |||||||||||||||||||||||||||||||||||||
2023 | 3 | 19.82 | 19.82 | 63 | 0.00 | % | 1.40 | % | 1.40 | % | 38.96 | % | 38.96 | % | |||||||||||||||||||||||
2022 | 4 | 14.26 | 14.26 | 55 | 0.00 | % | 1.40 | % | 1.40 | % | (32.08 | )% | (32.08 | )% | |||||||||||||||||||||||
Invesco V.I. American Value Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 11 | 33.63 | 23.82 | 284 | 0.26 | % | 1.15 | % | 1.75 | % | 13.97 | % | 13.28 | % | |||||||||||||||||||||||
2022 | 13 | 29.51 | 21.03 | 288 | 0.34 | % | 1.15 | % | 1.75 | % | (3.98 | )% | (4.56 | )% | |||||||||||||||||||||||
2021 | 14 | 30.73 | 22.03 | 316 | 0.23 | % | 1.15 | % | 1.75 | % | 26.16 | % | 25.40 | % | |||||||||||||||||||||||
2020 | 16 | 17.57 | 24.36 | 303 | 0.50 | % | 1.15 | % | 1.75 | % | (0.91 | )% | (0.30 | )% | |||||||||||||||||||||||
2019 | 17 | 17.73 | 24.43 | 318 | 0.50 | % | 1.15 | % | 1.75 | % | 22.53 | % | 23.28 | % | |||||||||||||||||||||||
Invesco V.I. Balanced-Risk Allocation Fund Class, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 385 | 17.09 | 13.58 | 5,648 | 0.00 | % | 1.15 | % | 1.75 | % | 5.18 | % | 4.54 | % | |||||||||||||||||||||||
2022 | 436 | 16.25 | 12.99 | 6,087 | 7.66 | % | 1.15 | % | 1.75 | % | (15.50 | )% | (16.01 | )% | |||||||||||||||||||||||
2021 | 462 | 19.23 | 15.46 | 7,648 | 2.92 | % | 1.15 | % | 1.75 | % | 8.01 | % | 7.35 | % | |||||||||||||||||||||||
2020 | 559 | 14.40 | 17.80 | 8,602 | 6.76 | % | 1.15 | % | 1.75 | % | 8.07 | % | 8.73 | % | |||||||||||||||||||||||
2019 | 710 | 13.33 | 16.37 | 10,007 | 0.00 | % | 1.15 | % | 1.75 | % | 12.88 | % | 13.56 | % |
128
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Invesco V.I. Capital Appreciation Fund, Series I | |||||||||||||||||||||||||||||||||||||
2023 | 2 | $ | 59.53 | $ | 59.53 | $ | 109 | 0.00 | % | 1.40 | % | 1.40 | % | 33.49 | % | 33.49 | % | ||||||||||||||||||||
2022 | 2 | 44.59 | 44.59 | 93 | 0.00 | % | 1.40 | % | 1.40 | % | (31.75 | )% | (31.75 | )% | |||||||||||||||||||||||
2021 | 2 | 65.34 | 65.34 | 145 | 0.00 | % | 1.40 | % | 1.40 | % | 20.86 | % | 20.86 | % | |||||||||||||||||||||||
2020 | 2 | 54.06 | 54.06 | 129 | 0.00 | % | 1.40 | % | 1.40 | % | 34.68 | % | 34.68 | % | |||||||||||||||||||||||
2019 | 3 | 40.14 | 40.14 | 107 | 0.06 | % | 1.40 | % | 1.40 | % | 34.29 | % | 34.29 | % | |||||||||||||||||||||||
Invesco V.I. Capital Appreciation Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 11 | 41.02 | 32.47 | 422 | 0.00 | % | 1.05 | % | 1.75 | % | 33.62 | % | 32.68 | % | |||||||||||||||||||||||
2022 | 2 | 30.70 | 40.19 | 92 | 0.00 | % | 1.05 | % | 1.65 | % | (31.69 | )% | (32.10 | )% | |||||||||||||||||||||||
2021 | 14 | 44.94 | 36.08 | 629 | 0.00 | % | 1.05 | % | 1.75 | % | 21.00 | % | 20.14 | % | |||||||||||||||||||||||
2020 | 17 | 30.03 | 50.79 | 604 | 0.00 | % | 1.05 | % | 1.75 | % | 33.86 | % | 34.81 | % | |||||||||||||||||||||||
2019 | 28 | 22.44 | 37.85 | 734 | 0.00 | % | 1.05 | % | 1.75 | % | 33.47 | % | 34.42 | % | |||||||||||||||||||||||
Invesco V.I. Comstock Fund, Series I | |||||||||||||||||||||||||||||||||||||
2023 | 2 | 48.86 | 48.86 | 84 | 1.86 | % | 1.40 | % | 1.40 | % | 10.79 | % | 10.79 | % | |||||||||||||||||||||||
2022 | 2 | 44.10 | 44.10 | 77 | 1.60 | % | 1.40 | % | 1.40 | % | (0.29 | )% | (0.29 | )% | |||||||||||||||||||||||
2021 | 2 | 44.23 | 44.23 | 79 | 1.79 | % | 1.40 | % | 1.40 | % | 31.50 | % | 31.50 | % | |||||||||||||||||||||||
2020 | 2 | 33.63 | 33.63 | 71 | 2.00 | % | 1.40 | % | 1.40 | % | (2.24 | )% | (2.24 | )% | |||||||||||||||||||||||
2019 | 2 | 34.40 | 34.40 | 81 | 1.87 | % | 1.40 | % | 1.40 | % | 23.55 | % | 23.55 | % | |||||||||||||||||||||||
Invesco V.I. Comstock Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 31 | 18.65 | 28.05 | 968 | 0.93 | % | 0.30 | % | 1.75 | % | 11.76 | % | 10.14 | % | |||||||||||||||||||||||
2022 | 34 | 16.69 | 25.46 | 959 | 0.60 | % | 0.30 | % | 1.75 | % | 0.54 | % | (0.91 | )% | |||||||||||||||||||||||
2021 | 23 | 37.80 | 25.70 | 696 | 1.54 | % | 1.15 | % | 1.75 | % | 31.52 | % | 30.72 | % | |||||||||||||||||||||||
2020 | 25 | 19.66 | 31.58 | 575 | 0.57 | % | 1.15 | % | 1.75 | % | (2.82 | )% | (2.22 | )% | |||||||||||||||||||||||
2019 | 34 | 20.23 | 32.41 | 862 | 1.93 | % | 1.15 | % | 1.75 | % | 22.76 | % | 23.51 | % | |||||||||||||||||||||||
Invesco V.I. Conservative Balanced Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 2 | 9.80 | 9.80 | 16 | 1.87 | % | 1.30 | % | 1.30 | % | 10.85 | % | 10.85 | % | |||||||||||||||||||||||
2022 | 1 | 8.84 | 8.84 | 13 | 2.62 | % | 1.30 | % | 1.30 | % | (18.10 | )% | (18.10 | )% |
129
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Invesco V.I. Discovery Mid Cap Growth Fund, Series I | |||||||||||||||||||||||||||||||||||||
2023 | 1 | $ | 44.88 | $ | 44.88 | $ | 46 | 0.00 | % | 1.40 | % | 1.40 | % | 11.57 | % | 11.57 | % | ||||||||||||||||||||
2022 | 1 | 40.23 | 40.23 | 52 | 0.00 | % | 1.40 | % | 1.40 | % | (31.95 | )% | (31.95 | )% | |||||||||||||||||||||||
2021 | 1 | 59.11 | 59.11 | 83 | 0.00 | % | 1.40 | % | 1.40 | % | 17.43 | % | 17.43 | % | |||||||||||||||||||||||
2020 | 2 | 50.33 | 50.33 | 79 | 0.03 | % | 1.40 | % | 1.40 | % | 38.72 | % | 38.72 | % | |||||||||||||||||||||||
2019 | 2 | 36.28 | 36.28 | 66 | 0.00 | % | 1.40 | % | 1.40 | % | 37.41 | % | 37.41 | % | |||||||||||||||||||||||
Invesco V.I. Discovery Mid Cap Growth Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 16 | 13.19 | 12.97 | 267 | 0.00 | % | 1.30 | % | 1.75 | % | 11.39 | % | 10.88 | % | |||||||||||||||||||||||
2022 | 8 | 11.84 | 11.70 | 124 | 0.00 | % | 1.30 | % | 1.75 | % | (32.02 | )% | (32.33 | )% | |||||||||||||||||||||||
2021 | 18 | 17.42 | 17.29 | 409 | 0.00 | % | 1.30 | % | 1.75 | % | 17.25 | % | 16.72 | % | |||||||||||||||||||||||
2020 | 24 | 14.81 | 47.19 | 446 | 0.00 | % | 1.30 | % | 1.75 | % | 37.93 | % | 38.14 | % | |||||||||||||||||||||||
Invesco V.I. Equity and Income Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 67 | 29.93 | 20.94 | 1,710 | 1.15 | % | 1.15 | % | 1.75 | % | 8.98 | % | 8.32 | % | |||||||||||||||||||||||
2022 | 46 | 27.47 | 19.33 | 1,103 | 0.97 | % | 1.15 | % | 1.75 | % | (8.77 | )% | (9.32 | )% | |||||||||||||||||||||||
2021 | 75 | 30.11 | 21.32 | 2,013 | 1.58 | % | 1.15 | % | 1.75 | % | 16.99 | % | 16.28 | % | |||||||||||||||||||||||
2020 | 92 | 18.34 | 28.69 | 2,159 | 2.11 | % | 1.15 | % | 1.75 | % | 7.73 | % | 8.39 | % | |||||||||||||||||||||||
2019 | 105 | 17.02 | 26.56 | 2,138 | 3.18 | % | 1.15 | % | 1.75 | % | 17.91 | % | 18.63 | % | |||||||||||||||||||||||
Invesco V.I. EQV International Equity Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 15 | 15.50 | 14.53 | 228 | 0.00 | % | 1.15 | % | 1.65 | % | 16.52 | % | 15.93 | % | |||||||||||||||||||||||
2022 | 9 | 13.30 | 12.76 | 119 | 2.15 | % | 1.15 | % | 1.50 | % | (19.44 | )% | (19.72 | )% | |||||||||||||||||||||||
2021 | 23 | 12.53 | 15.89 | 322 | 0.61 | % | 0.30 | % | 1.50 | % | (1.18 | )% | 4.02 | % | |||||||||||||||||||||||
2020 | 18 | 15.05 | 16.24 | 286 | 1.99 | % | 1.15 | % | 1.65 | % | 11.87 | % | 12.43 | % | |||||||||||||||||||||||
2019 | 18 | 13.46 | 14.47 | 255 | 2.37 | % | 1.15 | % | 1.65 | % | 26.13 | % | 26.77 | % | |||||||||||||||||||||||
Invesco V.I. Global Fund, Series I | |||||||||||||||||||||||||||||||||||||
2023 | 1 | 68.18 | 68.18 | 65 | 0.22 | % | 1.40 | % | 1.40 | % | 32.86 | % | 32.86 | % | |||||||||||||||||||||||
2022 | 1 | 51.32 | 51.32 | 61 | 0.00 | % | 1.40 | % | 1.40 | % | (32.72 | )% | (32.72 | )% | |||||||||||||||||||||||
2021 | 1 | 76.27 | 76.27 | 99 | 0.00 | % | 1.40 | % | 1.40 | % | 13.88 | % | 13.88 | % | |||||||||||||||||||||||
2020 | 1 | 66.98 | 66.98 | 97 | 0.64 | % | 1.40 | % | 1.40 | % | 25.85 | % | 25.85 | % | |||||||||||||||||||||||
2019 | 2 | 53.22 | 53.22 | 87 | 0.95 | % | 1.40 | % | 1.40 | % | 29.95 | % | 29.95 | % |
130
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Invesco V.I. Global Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 63 | $ | 39.95 | $ | 23.88 | $ | 2,087 | 0.00 | % | 1.15 | % | 1.75 | % | 32.91 | % | 32.11 | % | ||||||||||||||||||||
2022 | 29 | 30.06 | 18.08 | 890 | 0.00 | % | 1.15 | % | 1.75 | % | (32.72 | )% | (33.13 | )% | |||||||||||||||||||||||
2021 | 77 | 44.67 | 27.03 | 3,061 | 0.00 | % | 1.15 | % | 1.75 | % | 13.85 | % | 13.16 | % | |||||||||||||||||||||||
2020 | 89 | 23.89 | 62.99 | 2,909 | 0.36 | % | 1.15 | % | 1.75 | % | 25.11 | % | 25.87 | % | |||||||||||||||||||||||
2019 | 128 | 19.09 | 50.22 | 3,375 | 0.71 | % | 1.15 | % | 1.75 | % | 29.16 | % | 29.94 | % | |||||||||||||||||||||||
Invesco V.I. Global Real Estate Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 20 | 13.22 | 12.68 | 269 | 0.56 | % | 1.30 | % | 1.65 | % | 7.42 | % | 7.04 | % | |||||||||||||||||||||||
2022 | 2 | 12.31 | 12.31 | 29 | 0.36 | % | 1.30 | % | 1.30 | % | (26.11 | )% | (26.11 | )% | |||||||||||||||||||||||
2021 | 27 | 16.66 | 16.09 | 444 | 2.10 | % | 1.30 | % | 1.65 | % | 23.82 | % | 23.38 | % | |||||||||||||||||||||||
2020 | 44 | 13.04 | 13.45 | 593 | 1.83 | % | 1.30 | % | 1.65 | % | (14.00 | )% | (13.70 | )% | |||||||||||||||||||||||
2019 | 47 | 15.17 | 15.59 | 724 | 4.72 | % | 1.30 | % | 1.65 | % | 20.63 | % | 21.05 | % | |||||||||||||||||||||||
Invesco V.I. Global Strategic Income Fund | |||||||||||||||||||||||||||||||||||||
2023 | 0 | * | 21.17 | 21.17 | 8 | 0.00 | % | 1.40 | % | 1.40 | % | 7.37 | % | 7.37 | % | ||||||||||||||||||||||
2022 | 0 | * | 19.72 | 19.72 | 8 | 0.00 | % | 1.40 | % | 1.40 | % | (12.70 | )% | (12.70 | )% | ||||||||||||||||||||||
2021 | - | 22.59 | 22.59 | 9 | 4.62 | % | 1.40 | % | 1.40 | % | (4.76 | )% | (4.76 | )% | |||||||||||||||||||||||
2020 | 0 | * | 23.72 | 23.72 | 10 | 5.52 | % | 1.40 | % | 1.40 | % | 1.96 | % | 1.96 | % | ||||||||||||||||||||||
2019 | - | 23.26 | 23.26 | 10 | 2.73 | % | 1.40 | % | 1.40 | % | 9.25 | % | 9.25 | % | |||||||||||||||||||||||
Invesco V.I. Global Strategic Income Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 264 | 16.00 | 9.79 | 3,496 | 0.00 | % | 1.05 | % | 1.75 | % | 7.46 | % | 6.71 | % | |||||||||||||||||||||||
2022 | 316 | 14.89 | 9.17 | 3,955 | 0.00 | % | 1.05 | % | 1.75 | % | (12.64 | )% | (13.25 | )% | |||||||||||||||||||||||
2021 | 336 | 17.05 | 10.58 | 4,891 | 4.37 | % | 1.05 | % | 1.75 | % | (4.57 | )% | (5.25 | )% | |||||||||||||||||||||||
2020 | 326 | 11.16 | 22.25 | 4,860 | 4.97 | % | 1.05 | % | 1.75 | % | 1.19 | % | 1.91 | % | |||||||||||||||||||||||
2019 | 366 | 11.03 | 21.93 | 5,339 | 3.40 | % | 1.05 | % | 1.75 | % | 8.67 | % | 9.45 | % |
131
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Invesco V.I. Government Securities Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 60 | $ | 9.11 | $ | 9.16 | $ | 582 | 1.77 | % | 0.30 | % | 1.75 | % | 4.15 | % | 2.64 | % | ||||||||||||||||||||
2022 | 66 | 8.74 | 8.93 | 619 | 2.18 | % | 0.30 | % | 1.75 | % | (10.84 | )% | (12.14 | )% | |||||||||||||||||||||||
2021 | 40 | 9.81 | 10.16 | 426 | 1.67 | % | 0.30 | % | 1.75 | % | (2.73 | )% | (4.14 | )% | |||||||||||||||||||||||
2020 | 67 | 10.08 | 11.60 | 735 | 3.30 | % | 0.30 | % | 1.75 | % | 4.12 | % | 4.86 | % | |||||||||||||||||||||||
2019 | 38 | 10.18 | 11.06 | 404 | 2.24 | % | 1.05 | % | 1.75 | % | 3.90 | % | 4.64 | % | |||||||||||||||||||||||
Invesco V.I. Growth and Income Fund, Series I | |||||||||||||||||||||||||||||||||||||
2023 | 1 | 39.44 | 39.44 | 26 | 1.64 | % | 1.40 | % | 1.40 | % | 11.09 | % | 11.09 | % | |||||||||||||||||||||||
2022 | 1 | 35.50 | 35.50 | 23 | 1.62 | % | 1.40 | % | 1.40 | % | (7.07 | )% | (7.07 | )% | |||||||||||||||||||||||
2021 | 1 | 38.20 | 38.20 | 25 | 1.17 | % | 1.40 | % | 1.40 | % | 26.71 | % | 26.71 | % | |||||||||||||||||||||||
2020 | 1 | 30.15 | 30.15 | 38 | 1.67 | % | 1.40 | % | 1.40 | % | 0.67 | % | 0.67 | % | |||||||||||||||||||||||
2019 | 2 | 29.95 | 29.95 | 52 | 1.91 | % | 1.40 | % | 1.40 | % | 23.44 | % | 23.44 | % | |||||||||||||||||||||||
Invesco V.I. Growth and Income Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 130 | 37.07 | 25.30 | 3,961 | 0.76 | % | 1.05 | % | 1.75 | % | 11.23 | % | 10.45 | % | |||||||||||||||||||||||
2022 | 106 | 33.33 | 22.91 | 2,952 | 0.49 | % | 1.05 | % | 1.75 | % | (6.99 | )% | (7.64 | )% | |||||||||||||||||||||||
2021 | 201 | 35.83 | 24.80 | 5,896 | 1.38 | % | 1.05 | % | 1.75 | % | 26.84 | % | 25.95 | % | |||||||||||||||||||||||
2020 | 233 | 19.69 | 28.29 | 5,450 | 1.06 | % | 1.05 | % | 1.75 | % | 0.07 | % | 0.78 | % | |||||||||||||||||||||||
2019 | 273 | 19.68 | 28.20 | 6,289 | 1.95 | % | 1.05 | % | 1.75 | % | 22.67 | % | 23.54 | % | |||||||||||||||||||||||
Invesco V.I. Main Street Fund, Series I | |||||||||||||||||||||||||||||||||||||
2023 | 1 | 44.96 | 44.96 | 36 | 0.86 | % | 1.40 | % | 1.40 | % | 21.50 | % | 21.50 | % | |||||||||||||||||||||||
2022 | 1 | 37.00 | 37.00 | 30 | 1.40 | % | 1.40 | % | 1.40 | % | (21.25 | )% | (21.25 | )% | |||||||||||||||||||||||
2021 | 1 | 46.99 | 46.99 | 38 | 0.72 | % | 1.40 | % | 1.40 | % | 25.79 | % | 25.79 | % | |||||||||||||||||||||||
2020 | 1 | 37.36 | 37.36 | 31 | 1.41 | % | 1.40 | % | 1.40 | % | 12.35 | % | 12.35 | % | |||||||||||||||||||||||
2019 | 1 | 33.25 | 33.25 | 27 | 1.09 | % | 1.40 | % | 1.40 | % | 30.23 | % | 30.23 | % |
132
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Invesco V.I. Main Street Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 26 | $ | 14.49 | $ | 30.58 | $ | 863 | 0.48 | % | 0.30 | % | 1.75 | % | 22.46 | % | 20.69 | % | ||||||||||||||||||||
2022 | 21 | 11.83 | 25.34 | 569 | 0.79 | % | 0.30 | % | 1.75 | % | (20.55 | )% | (21.70 | )% | |||||||||||||||||||||||
2021 | 42 | 14.89 | 32.36 | 1,501 | 0.51 | % | 0.30 | % | 1.75 | % | 26.85 | % | 25.01 | % | |||||||||||||||||||||||
2020 | 48 | 11.74 | 37.24 | 1,377 | 1.03 | % | 0.30 | % | 1.75 | % | 11.71 | % | 12.39 | % | |||||||||||||||||||||||
2019 | 60 | 23.17 | 33.13 | 1,578 | 1.08 | % | 1.15 | % | 1.75 | % | 29.44 | % | 30.22 | % | |||||||||||||||||||||||
Invesco V.I. Small Cap Equity Fund, Series II | |||||||||||||||||||||||||||||||||||||
2023 | 4 | 21.89 | 21.00 | 85 | 0.00 | % | 1.30 | % | 1.65 | % | 14.75 | % | 14.35 | % | |||||||||||||||||||||||
2022 | 2 | 19.08 | 19.08 | 33 | 0.00 | % | 1.30 | % | 1.30 | % | (21.76 | )% | (21.76 | )% | |||||||||||||||||||||||
2021 | 4 | 24.38 | 23.55 | 102 | 0.00 | % | 1.30 | % | 1.65 | % | 8.19 | % | 18.12 | % | |||||||||||||||||||||||
2020 | 2 | 19.94 | 20.57 | 50 | 0.02 | % | 1.30 | % | 1.65 | % | 24.78 | % | 25.22 | % | |||||||||||||||||||||||
2019 | 3 | 15.98 | 16.43 | 45 | 0.00 | % | 1.30 | % | 1.65 | % | 24.24 | % | 24.68 | % | |||||||||||||||||||||||
Invesco V.I. U.S. Government Money Portfolio, Series I | |||||||||||||||||||||||||||||||||||||
2023 | 2,418 | 10.48 | 8.82 | 7,786 | 4.40 | % | 0.30 | % | 1.75 | % | 4.22 | % | 2.71 | % | |||||||||||||||||||||||
2022 | 10,290 | 10.05 | 8.59 | 31,777 | 2.34 | % | 0.30 | % | 1.75 | % | 0.96 | % | (0.50 | )% | |||||||||||||||||||||||
2021 | 2,652 | 0.90 | 8.63 | 7,227 | 0.00 | % | 1.15 | % | 1.75 | % | (1.14 | )% | (1.74 | )% | |||||||||||||||||||||||
2020 | 1,771 | 0.91 | 9.17 | 5,622 | 0.31 | % | 1.15 | % | 1.75 | % | (1.54 | )% | (0.94 | )% | |||||||||||||||||||||||
2019 | 2,013 | 0.92 | 9.27 | 6,478 | 1.20 | % | 1.15 | % | 1.75 | % | (0.07 | )% | 0.54 | % | |||||||||||||||||||||||
Lord Abbett Series Fund Bond Debenture Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 247 | 23.26 | 13.61 | 4,596 | 4.98 | % | 1.05 | % | 1.75 | % | 5.44 | % | 4.70 | % | |||||||||||||||||||||||
2022 | 286 | 22.06 | 13.00 | 4,969 | 4.09 | % | 1.05 | % | 1.75 | % | (13.71 | )% | (14.32 | )% | |||||||||||||||||||||||
2021 | 317 | 25.56 | 15.17 | 6,495 | 3.05 | % | 1.05 | % | 1.75 | % | 2.19 | % | 1.47 | % | |||||||||||||||||||||||
2020 | 329 | 14.95 | 27.83 | 6,437 | 3.29 | % | 1.05 | % | 1.75 | % | 5.43 | % | 6.18 | % | |||||||||||||||||||||||
2019 | 426 | 14.19 | 26.31 | 7,802 | 3.77 | % | 1.05 | % | 1.75 | % | 11.37 | % | 12.17 | % |
133
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Lord Abbett Series Fund Fundamental Equity Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 73 | $ | 29.93 | $ | 21.94 | $ | 1,840 | 0.64 | % | 1.15 | % | 1.75 | % | 13.32 | % | 12.64 | % | ||||||||||||||||||||
2022 | 38 | 26.41 | 19.48 | 895 | 0.62 | % | 1.15 | % | 1.75 | % | (12.99 | )% | (13.52 | )% | |||||||||||||||||||||||
2021 | 98 | 30.35 | 22.53 | 2,531 | 0.78 | % | 1.15 | % | 1.75 | % | 25.85 | % | 25.09 | % | |||||||||||||||||||||||
2020 | 125 | 18.01 | 24.12 | 2,557 | 1.04 | % | 1.15 | % | 1.75 | % | (0.01 | )% | 0.60 | % | |||||||||||||||||||||||
2019 | 150 | 18.01 | 23.98 | 3,035 | 1.76 | % | 1.15 | % | 1.75 | % | 19.39 | % | 20.12 | % | |||||||||||||||||||||||
Lord Abbett Series Fund Growth and Income Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 9 | 33.60 | 24.20 | 265 | 0.92 | % | 1.15 | % | 1.75 | % | 11.89 | % | 11.22 | % | |||||||||||||||||||||||
2022 | 10 | 30.03 | 21.76 | 274 | 1.15 | % | 1.15 | % | 1.75 | % | (10.48 | )% | (11.02 | )% | |||||||||||||||||||||||
2021 | 13 | 33.55 | 24.46 | 378 | 1.05 | % | 1.15 | % | 1.75 | % | 27.54 | % | 26.77 | % | |||||||||||||||||||||||
2020 | 14 | 19.29 | 26.30 | 326 | 1.58 | % | 1.15 | % | 1.75 | % | 0.90 | % | 1.52 | % | |||||||||||||||||||||||
2019 | 14 | 19.12 | 25.91 | 318 | 1.72 | % | 1.15 | % | 1.75 | % | 20.35 | % | 21.09 | % | |||||||||||||||||||||||
Lord Abbett Series Fund Growth Opportunities Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 17 | 38.93 | 39.11 | 568 | 0.00 | % | 1.05 | % | 1.65 | % | 9.51 | % | 8.85 | % | |||||||||||||||||||||||
2022 | 5 | 35.54 | 35.93 | 182 | 0.00 | % | 1.05 | % | 1.65 | % | (33.24 | )% | (33.64 | )% | |||||||||||||||||||||||
2021 | 8 | 53.24 | 54.15 | 434 | 0.00 | % | 1.05 | % | 1.65 | % | 5.34 | % | 4.70 | % | |||||||||||||||||||||||
2020 | 18 | 30.08 | 53.12 | 761 | 0.00 | % | 1.05 | % | 1.65 | % | 37.08 | % | 37.92 | % | |||||||||||||||||||||||
2019 | 27 | 21.87 | 38.69 | 808 | 0.00 | % | 1.05 | % | 1.65 | % | 34.12 | % | 34.94 | % | |||||||||||||||||||||||
Lord Abbett Series Fund Inc. Dividend Growth Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 16 | 14.88 | 48.46 | 551 | 0.82 | % | 0.30 | % | 1.65 | % | 15.98 | % | 14.42 | % | |||||||||||||||||||||||
2022 | 16 | 12.83 | 42.36 | 452 | 0.77 | % | 0.30 | % | 1.65 | % | (13.81 | )% | (14.97 | )% | |||||||||||||||||||||||
2021 | 27 | 14.88 | 49.82 | 1,015 | 0.62 | % | 0.30 | % | 1.65 | % | 25.24 | % | 24.57 | % | |||||||||||||||||||||||
2020 | 39 | 11.88 | 41.08 | 1,147 | 1.05 | % | 0.30 | % | 1.65 | % | 13.51 | % | 14.09 | % | |||||||||||||||||||||||
2019 | 28 | 22.36 | 36.13 | 772 | 2.03 | % | 1.15 | % | 1.65 | % | 24.36 | % | 24.99 | % |
134
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Lord Abbett Series Fund Mid Cap Stock Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 7 | $ | 34.00 | $ | 29.04 | $ | 178 | 0.47 | % | 1.15 | % | 1.65 | % | 14.10 | % | 13.52 | % | ||||||||||||||||||||
2022 | 7 | 29.80 | 25.58 | 159 | 0.67 | % | 1.15 | % | 1.65 | % | (12.23 | )% | (12.68 | )% | |||||||||||||||||||||||
2021 | 9 | 33.96 | 29.29 | 239 | 0.61 | % | 1.15 | % | 1.65 | % | 27.22 | % | 26.58 | % | |||||||||||||||||||||||
2020 | 9 | 17.12 | 26.69 | 193 | 0.90 | % | 1.15 | % | 1.65 | % | 0.81 | % | 1.32 | % | |||||||||||||||||||||||
2019 | 11 | 16.92 | 26.34 | 224 | 1.19 | % | 1.15 | % | 1.65 | % | 20.62 | % | 21.23 | % | |||||||||||||||||||||||
Lord Abbett Series Fund Short Duration Income Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 2 | 9.65 | 9.65 | 22 | 4.81 | % | 1.30 | % | 1.30 | % | 3.69 | % | 3.69 | % | |||||||||||||||||||||||
2022 | 2 | 9.30 | 9.30 | 19 | 3.35 | % | 1.30 | % | 1.30 | % | (6.29 | )% | (6.29 | )% | |||||||||||||||||||||||
2021 | 1 | 9.93 | 9.93 | 14 | 22.34 | % | 1.30 | % | 1.30 | % | (0.11 | )% | (0.11 | )% | |||||||||||||||||||||||
MFS Emerging Markets Equity Portfolio, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 0 | * | 9.38 | 9.38 | 4 | 1.19 | % | 1.30 | % | 1.30 | % | 9.27 | % | 9.27 | % | ||||||||||||||||||||||
2022 | 0 | * | 8.58 | 8.58 | 4 | 3.69 | % | 1.30 | % | 1.30 | % | (20.98 | )% | (20.98 | )% | ||||||||||||||||||||||
2021 | - | 10.86 | 10.86 | 5 | 0.28 | % | 1.30 | % | 1.30 | % | (8.23 | )% | (8.23 | )% | |||||||||||||||||||||||
2020 | 7 | 11.83 | 11.83 | 5 | 2.60 | % | 1.30 | % | 1.30 | % | 8.90 | % | 8.90 | % | |||||||||||||||||||||||
2019 | - | 10.87 | 10.87 | 5 | 0.39 | % | 1.30 | % | 1.30 | % | 18.62 | % | 18.62 | % | |||||||||||||||||||||||
MFS Growth Series, Initial Class | |||||||||||||||||||||||||||||||||||||
2023 | 1 | 74.83 | 74.83 | 89 | 0.00 | % | 1.40 | % | 1.40 | % | 33.97 | % | 33.97 | % | |||||||||||||||||||||||
2022 | 1 | 55.86 | 55.86 | 70 | 0.00 | % | 1.40 | % | 1.40 | % | (32.59 | )% | (32.59 | )% | |||||||||||||||||||||||
2021 | 1 | 82.86 | 82.86 | 109 | 0.00 | % | 1.40 | % | 1.40 | % | 21.81 | % | 21.81 | % | |||||||||||||||||||||||
2020 | 1 | 68.03 | 68.03 | 93 | 0.00 | % | 1.40 | % | 1.40 | % | 30.01 | % | 30.01 | % | |||||||||||||||||||||||
2019 | 1 | 52.32 | 52.32 | 77 | 0.00 | % | 1.40 | % | 1.40 | % | 36.22 | % | 36.22 | % |
135
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
MFS Growth Series, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 17 | $ | 64.01 | $ | 40.29 | $ | 760 | 0.00 | % | 1.15 | % | 1.75 | % | 33.96 | % | 33.15 | % | ||||||||||||||||||||
2022 | 19 | 47.78 | 30.26 | 646 | 0.00 | % | 1.15 | % | 1.75 | % | (32.59 | )% | (33.00 | )% | |||||||||||||||||||||||
2021 | 18 | 70.88 | 45.16 | 931 | 0.00 | % | 1.15 | % | 1.75 | % | 21.82 | % | 21.08 | % | |||||||||||||||||||||||
2020 | 20 | 37.29 | 63.89 | 838 | 0.00 | % | 1.15 | % | 1.75 | % | 29.24 | % | 30.03 | % | |||||||||||||||||||||||
2019 | 21 | 28.86 | 49.31 | 712 | 0.00 | % | 1.15 | % | 1.75 | % | 35.37 | % | 36.20 | % | |||||||||||||||||||||||
MFS International Intrinsic Value Portfolio, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 1 | 22.17 | 22.17 | 15 | 0.47 | % | 1.30 | % | 1.30 | % | 15.85 | % | 15.85 | % | |||||||||||||||||||||||
2022 | 1 | 19.14 | 19.14 | 14 | 0.50 | % | 1.30 | % | 1.30 | % | (24.74 | )% | (24.74 | )% | |||||||||||||||||||||||
2021 | 1 | 25.43 | 25.43 | 17 | 0.14 | % | 1.30 | % | 1.30 | % | 8.84 | % | 8.84 | % | |||||||||||||||||||||||
2020 | 0 | * | 23.36 | 23.36 | 16 | 0.77 | % | 1.30 | % | 1.30 | % | 18.65 | % | 18.65 | % | ||||||||||||||||||||||
2019 | 1 | 19.69 | 19.69 | 15 | 1.56 | % | 1.30 | % | 1.30 | % | 24.02 | % | 24.02 | % | |||||||||||||||||||||||
MFS Investors Trust Series, Initial Class | |||||||||||||||||||||||||||||||||||||
2023 | 1 | 48.10 | 48.10 | 69 | 0.72 | % | 1.40 | % | 1.40 | % | 17.32 | % | 17.32 | % | |||||||||||||||||||||||
2022 | 2 | 41.00 | 41.00 | 63 | 0.63 | % | 1.40 | % | 1.40 | % | (17.65 | )% | (17.65 | )% | |||||||||||||||||||||||
2021 | 2 | 49.79 | 49.79 | 81 | 0.63 | % | 1.40 | % | 1.40 | % | 25.04 | % | 25.04 | % | |||||||||||||||||||||||
2020 | 2 | 39.82 | 39.82 | 68 | 0.58 | % | 1.40 | % | 1.40 | % | 12.28 | % | 12.28 | % | |||||||||||||||||||||||
2019 | 2 | 35.46 | 35.46 | 64 | 0.70 | % | 1.40 | % | 1.40 | % | 29.74 | % | 29.74 | % | |||||||||||||||||||||||
MFS Investors Trust Series, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 8 | 43.84 | 30.55 | 339 | 0.47 | % | 1.15 | % | 1.75 | % | 17.31 | % | 16.60 | % | |||||||||||||||||||||||
2022 | 10 | 37.38 | 26.20 | 343 | 0.35 | % | 1.15 | % | 1.75 | % | (17.64 | )% | (18.14 | )% | |||||||||||||||||||||||
2021 | 12 | 45.38 | 32.00 | 491 | 0.41 | % | 1.15 | % | 1.75 | % | 25.05 | % | 24.30 | % | |||||||||||||||||||||||
2020 | 14 | 25.75 | 37.40 | 472 | 0.39 | % | 1.15 | % | 1.75 | % | 11.61 | % | 12.29 | % | |||||||||||||||||||||||
2019 | 16 | 23.07 | 33.42 | 469 | 0.49 | % | 1.15 | % | 1.75 | % | 28.95 | % | 29.74 | % |
136
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
MFS Massachusetts Investors Growth Stock Portfolio, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 4 | $ | 26.39 | $ | 25.02 | $ | 96 | 0.05 | % | 1.05 | % | 1.65 | % | 22.41 | % | 21.67 | % | ||||||||||||||||||||
2022 | 5 | 21.56 | 20.56 | 107 | 0.00 | % | 1.05 | % | 1.65 | % | (20.29 | )% | (20.77 | )% | |||||||||||||||||||||||
2021 | 6 | 27.05 | 25.96 | 145 | 0.03 | % | 1.05 | % | 1.65 | % | 24.34 | % | 23.59 | % | |||||||||||||||||||||||
2020 | - | 21.00 | 21.76 | 136 | 0.20 | % | 1.05 | % | 1.65 | % | 20.19 | % | 20.92 | % | |||||||||||||||||||||||
2019 | 7 | 17.47 | 17.99 | 132 | 0.40 | % | 1.05 | % | 1.65 | % | 37.29 | % | 38.12 | % | |||||||||||||||||||||||
MFS New Discovery Series, Initial Class | |||||||||||||||||||||||||||||||||||||
2023 | 0 | * | 70.32 | 70.32 | 10 | 0.00 | % | 1.40 | % | 1.40 | % | 12.82 | % | 12.82 | % | ||||||||||||||||||||||
2022 | 0 | * | 62.33 | 62.33 | 9 | 0.00 | % | 1.40 | % | 1.40 | % | (30.74 | )% | (30.74 | )% | ||||||||||||||||||||||
2021 | - | 90.00 | 90.00 | 13 | 0.00 | % | 1.40 | % | 1.40 | % | 0.38 | % | 0.38 | % | |||||||||||||||||||||||
2020 | 0 | * | 89.66 | 89.66 | 13 | 0.00 | % | 1.40 | % | 1.40 | % | 43.85 | % | 43.85 | % | ||||||||||||||||||||||
2019 | - | 62.33 | 62.33 | 9 | 0.00 | % | 1.40 | % | 1.40 | % | 39.72 | % | 39.72 | % | |||||||||||||||||||||||
MFS New Discovery Series, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 13 | 53.03 | 23.69 | 513 | 0.00 | % | 1.15 | % | 1.75 | % | 12.94 | % | 12.26 | % | |||||||||||||||||||||||
2022 | 15 | 46.95 | 21.10 | 523 | 0.00 | % | 1.15 | % | 1.75 | % | (30.80 | )% | (31.22 | )% | |||||||||||||||||||||||
2021 | 13 | 67.85 | 30.68 | 643 | 0.00 | % | 1.15 | % | 1.75 | % | 0.41 | % | (0.20 | )% | |||||||||||||||||||||||
2020 | 15 | 30.74 | 84.17 | 763 | 0.00 | % | 1.15 | % | 1.75 | % | 43.04 | % | 43.91 | % | |||||||||||||||||||||||
2019 | 20 | 21.49 | 58.70 | 714 | 0.00 | % | 1.15 | % | 1.75 | % | 38.81 | % | 39.65 | % | |||||||||||||||||||||||
MFS Research Series, Initial Class | |||||||||||||||||||||||||||||||||||||
2023 | 1 | 53.12 | 53.12 | 37 | 0.52 | % | 1.40 | % | 1.40 | % | 20.71 | % | 20.71 | % | |||||||||||||||||||||||
2022 | 1 | 44.01 | 44.01 | 30 | 0.46 | % | 1.40 | % | 1.40 | % | (18.37 | )% | (18.37 | )% | |||||||||||||||||||||||
2021 | 1 | 53.91 | 53.91 | 37 | 0.55 | % | 1.40 | % | 1.40 | % | 23.06 | % | 23.06 | % | |||||||||||||||||||||||
2020 | 1 | 43.81 | 43.81 | 30 | 0.68 | % | 1.40 | % | 1.40 | % | 14.96 | % | 14.96 | % | |||||||||||||||||||||||
2019 | 1 | 38.10 | 38.10 | 26 | 0.81 | % | 1.40 | % | 1.40 | % | 31.09 | % | 31.09 | % |
137
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
MFS Research Series, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 1 | $ | 49.10 | $ | 49.10 | $ | 48 | 0.25 | % | 1.15 | % | 1.15 | % | 20.72 | % | 20.72 | % | ||||||||||||||||||||
2022 | 1 | 40.67 | 40.67 | 47 | 0.18 | % | 1.15 | % | 1.15 | % | (18.38 | )% | (18.38 | )% | |||||||||||||||||||||||
2021 | 1 | 49.83 | 49.83 | 64 | 0.35 | % | 1.15 | % | 1.15 | % | 23.08 | % | 23.08 | % | |||||||||||||||||||||||
2020 | 1 | 40.49 | 40.49 | 52 | 0.50 | % | 1.15 | % | 1.15 | % | 14.98 | % | 14.98 | % | |||||||||||||||||||||||
2019 | 1 | 35.21 | 35.21 | 52 | 0.56 | % | 1.15 | % | 1.15 | % | 31.08 | % | 31.08 | % | |||||||||||||||||||||||
MFS Total Return Bond Series, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 86 | 12.50 | 10.57 | 982 | 2.90 | % | 1.15 | % | 1.75 | % | 5.90 | % | 5.26 | % | |||||||||||||||||||||||
2022 | 102 | 11.80 | 10.04 | 1,107 | 2.40 | % | 1.15 | % | 1.75 | % | (15.17 | )% | (15.68 | )% | |||||||||||||||||||||||
2021 | 109 | 13.91 | 11.91 | 1,399 | 2.55 | % | 1.15 | % | 1.75 | % | (2.20 | )% | (2.80 | )% | |||||||||||||||||||||||
2020 | 105 | 12.25 | 14.23 | 1,381 | 3.03 | % | 1.15 | % | 1.75 | % | 6.28 | % | 6.93 | % | |||||||||||||||||||||||
2019 | 126 | 11.53 | 13.30 | 1,553 | 3.19 | % | 1.15 | % | 1.75 | % | 8.00 | % | 8.66 | % | |||||||||||||||||||||||
MFS Total Return Series, Initial Class | |||||||||||||||||||||||||||||||||||||
2023 | 1 | 39.14 | 39.14 | 58 | 2.03 | % | 1.40 | % | 1.40 | % | 8.90 | % | 8.90 | % | |||||||||||||||||||||||
2022 | 2 | 35.94 | 35.94 | 54 | 1.64 | % | 1.40 | % | 1.40 | % | (10.84 | )% | (10.84 | )% | |||||||||||||||||||||||
2021 | 2 | 40.31 | 40.31 | 64 | 1.81 | % | 1.40 | % | 1.40 | % | 12.52 | % | 12.52 | % | |||||||||||||||||||||||
2020 | 2 | 35.83 | 35.83 | 58 | 2.11 | % | 1.40 | % | 1.40 | % | 8.28 | % | 8.28 | % | |||||||||||||||||||||||
2019 | 2 | 33.09 | 33.09 | 56 | 2.36 | % | 1.40 | % | 1.40 | % | 18.70 | % | 18.70 | % | |||||||||||||||||||||||
MFS Total Return Series, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 6 | 26.12 | 19.15 | 189 | 1.83 | % | 1.15 | % | 1.75 | % | 8.95 | % | 8.30 | % | |||||||||||||||||||||||
2022 | 6 | 23.97 | 17.68 | 178 | 1.43 | % | 1.15 | % | 1.75 | % | (10.87 | )% | (11.41 | )% | |||||||||||||||||||||||
2021 | 7 | 26.89 | 19.96 | 219 | 1.58 | % | 1.15 | % | 1.75 | % | 12.53 | % | 11.85 | % | |||||||||||||||||||||||
2020 | 8 | 17.85 | 33.64 | 221 | 1.93 | % | 1.15 | % | 1.75 | % | 7.60 | % | 8.26 | % | |||||||||||||||||||||||
2019 | 8 | 16.58 | 31.18 | 217 | 2.05 | % | 1.15 | % | 1.75 | % | 18.02 | % | 18.74 | % |
138
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
MFS Utilities Series, Initial Class | |||||||||||||||||||||||||||||||||||||
2023 | 0 | * | $ | 54.68 | $ | 54.68 | $ | 5 | 3.55 | % | 1.40 | % | 1.40 | % | (3.47 | )% | (3.47 | )% | |||||||||||||||||||
2022 | 0 | * | 56.65 | 56.65 | 5 | 2.39 | % | 1.40 | % | 1.40 | % | (0.65 | )% | (0.65 | )% | ||||||||||||||||||||||
2021 | - | 57.02 | 57.02 | 5 | 1.71 | % | 1.40 | % | 1.40 | % | 12.50 | % | 12.50 | % | |||||||||||||||||||||||
2020 | 0 | * | 50.68 | 50.68 | 5 | 2.31 | % | 1.40 | % | 1.40 | % | 4.42 | % | 4.42 | % | ||||||||||||||||||||||
2019 | - | 48.54 | 48.54 | 5 | 1.58 | % | 1.40 | % | 1.40 | % | 23.32 | % | 23.32 | % | |||||||||||||||||||||||
MFS Utilities Series, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 6 | 34.08 | 48.99 | 194 | 3.37 | % | 1.15 | % | 1.65 | % | (3.45 | )% | (3.94 | )% | |||||||||||||||||||||||
2022 | 5 | 35.30 | 51.00 | 195 | 2.03 | % | 1.15 | % | 1.65 | % | (0.67 | )% | (1.17 | )% | |||||||||||||||||||||||
2021 | 7 | 35.54 | 51.61 | 236 | 1.53 | % | 1.15 | % | 1.65 | % | 12.52 | % | 11.95 | % | |||||||||||||||||||||||
2020 | 7 | 18.92 | 47.58 | 223 | 2.10 | % | 1.15 | % | 1.65 | % | 3.88 | % | 4.41 | % | |||||||||||||||||||||||
2019 | 7 | 18.15 | 45.73 | 224 | 3.79 | % | 1.15 | % | 1.75 | % | 22.75 | % | 23.37 | % | |||||||||||||||||||||||
MFS Value Series, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 13 | 34.11 | 26.93 | 382 | 1.40 | % | 1.15 | % | 1.75 | % | 6.40 | % | 5.76 | % | |||||||||||||||||||||||
2022 | 14 | 32.06 | 25.46 | 398 | 1.07 | % | 1.15 | % | 1.75 | % | (7.22 | )% | (7.78 | )% | |||||||||||||||||||||||
2021 | 17 | 34.55 | 27.61 | 511 | 1.14 | % | 1.15 | % | 1.75 | % | 23.72 | % | 22.97 | % | |||||||||||||||||||||||
2020 | 19 | 22.45 | 27.93 | 482 | 1.25 | % | 1.15 | % | 1.75 | % | 1.42 | % | 2.03 | % | |||||||||||||||||||||||
2019 | 20 | 22.14 | 27.37 | 495 | 1.95 | % | 1.15 | % | 1.75 | % | 27.24 | % | 28.02 | % | |||||||||||||||||||||||
Morgan Stanley VIF Global Real Estate Portfolio, Class II | |||||||||||||||||||||||||||||||||||||
2023 | 22 | 17.77 | 10.85 | 250 | 1.96 | % | 1.15 | % | 1.75 | % | 9.20 | % | 8.54 | % | |||||||||||||||||||||||
2022 | 23 | 16.27 | 10.00 | 247 | 4.19 | % | 1.15 | % | 1.75 | % | (27.04 | )% | (27.49 | )% | |||||||||||||||||||||||
2021 | 27 | 22.30 | 13.78 | 393 | 2.35 | % | 1.15 | % | 1.75 | % | 22.41 | % | 21.67 | % | |||||||||||||||||||||||
2020 | 32 | 11.33 | 18.22 | 375 | 4.04 | % | 1.15 | % | 1.75 | % | (16.34 | )% | (15.83 | )% | |||||||||||||||||||||||
2019 | 27 | 13.54 | 21.64 | 394 | 2.69 | % | 1.15 | % | 1.75 | % | 15.99 | % | 16.70 | % |
139
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
PIMCO All Asset Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 13 | $ | 13.67 | $ | 12.96 | $ | 178 | 2.85 | % | 1.30 | % | 1.75 | % | 6.62 | % | 6.14 | % | ||||||||||||||||||||
2022 | 5 | 12.82 | 12.34 | 58 | 2.01 | % | 1.30 | % | 1.65 | % | (13.01 | )% | (13.32 | )% | |||||||||||||||||||||||
2021 | 20 | 14.74 | 14.10 | 292 | 11.23 | % | 1.30 | % | 1.75 | % | 14.53 | % | 14.01 | % | |||||||||||||||||||||||
2020 | 23 | 12.37 | 12.87 | 287 | 2.74 | % | 1.30 | % | 1.75 | % | 6.02 | % | 6.51 | % | |||||||||||||||||||||||
2019 | 25 | 11.67 | 12.08 | 301 | 5.11 | % | 1.30 | % | 1.75 | % | 9.79 | % | 10.29 | % | |||||||||||||||||||||||
PIMCO Global Diversified Allocation Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 71 | 13.81 | 13.30 | 970 | 3.25 | % | 1.30 | % | 1.65 | % | 12.17 | % | 11.78 | % | |||||||||||||||||||||||
2022 | 73 | 12.31 | 11.89 | 898 | 3.33 | % | 1.30 | % | 1.65 | % | (17.69 | )% | (17.98 | )% | |||||||||||||||||||||||
2021 | 64 | 14.96 | 14.50 | 952 | 9.55 | % | 1.30 | % | 1.65 | % | 7.10 | % | 6.73 | % | |||||||||||||||||||||||
2020 | 71 | 13.59 | 13.97 | 989 | 3.02 | % | 1.30 | % | 1.65 | % | 2.28 | % | 2.64 | % | |||||||||||||||||||||||
2019 | 70 | 13.29 | 13.61 | 951 | 2.73 | % | 1.30 | % | 1.65 | % | 19.61 | % | 20.04 | % | |||||||||||||||||||||||
PIMCO Long-Term U.S. Government Portfolio, Advisor Class | |||||||||||||||||||||||||||||||||||||
2023 | 79 | 12.57 | 10.79 | 900 | 2.28 | % | 1.15 | % | 1.75 | % | 2.69 | % | 2.07 | % | |||||||||||||||||||||||
2022 | 90 | 12.24 | 10.57 | 1,006 | 1.84 | % | 1.15 | % | 1.75 | % | (29.76 | )% | (30.19 | )% | |||||||||||||||||||||||
2021 | 86 | 17.42 | 15.14 | 1,382 | 1.35 | % | 1.15 | % | 1.75 | % | (5.98 | )% | (6.54 | )% | |||||||||||||||||||||||
2020 | 98 | 16.20 | 18.53 | 1,670 | 1.67 | % | 1.15 | % | 1.75 | % | 15.22 | % | 15.93 | % | |||||||||||||||||||||||
2019 | 96 | 14.06 | 15.99 | 1,425 | 2.23 | % | 1.15 | % | 1.75 | % | 11.23 | % | 11.91 | % | |||||||||||||||||||||||
PIMCO Low Duration Portfolio, Advisor Class | |||||||||||||||||||||||||||||||||||||
2023 | 129 | 9.76 | 9.11 | 1,271 | 3.49 | % | 0.30 | % | 1.75 | % | 4.55 | % | 3.04 | % | |||||||||||||||||||||||
2022 | 156 | 9.33 | 8.85 | 1,489 | 1.51 | % | 0.30 | % | 1.75 | % | (6.12 | )% | (7.48 | )% | |||||||||||||||||||||||
2021 | 176 | 9.94 | 9.56 | 1,802 | 0.42 | % | 0.30 | % | 1.75 | % | (1.32 | )% | (2.76 | )% | |||||||||||||||||||||||
2020 | 188 | 9.83 | 11.04 | 1,967 | 1.11 | % | 0.30 | % | 1.75 | % | 1.09 | % | 1.71 | % | |||||||||||||||||||||||
2019 | 206 | 9.73 | 10.86 | 2,124 | 2.66 | % | 1.15 | % | 1.75 | % | 2.11 | % | 2.73 | % |
140
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
PIMCO Real Return Portfolio, Advisor Class | |||||||||||||||||||||||||||||||||||||
2023 | 289 | $ | 12.65 | $ | 10.21 | $ | 3,293 | 2.88 | % | 1.15 | % | 1.75 | % | 2.38 | % | 1.76 | % | ||||||||||||||||||||
2022 | 356 | 12.35 | 10.03 | 3,971 | 6.66 | % | 1.15 | % | 1.75 | % | (13.00 | )% | (13.53 | )% | |||||||||||||||||||||||
2021 | 393 | 14.20 | 11.60 | 5,039 | 4.84 | % | 1.15 | % | 1.75 | % | 4.27 | % | 3.64 | % | |||||||||||||||||||||||
2020 | 393 | 11.19 | 13.62 | 4,850 | 1.31 | % | 1.15 | % | 1.75 | % | 9.65 | % | 10.32 | % | |||||||||||||||||||||||
2019 | 486 | 10.21 | 12.34 | 5,431 | 1.61 | % | 1.15 | % | 1.75 | % | 6.44 | % | 7.08 | % | |||||||||||||||||||||||
PIMCO Short-Term Portfolio, Advisor Class | |||||||||||||||||||||||||||||||||||||
2023 | 122 | 10.73 | 9.85 | 1,269 | 4.36 | % | 1.15 | % | 1.75 | % | 4.59 | % | 3.96 | % | |||||||||||||||||||||||
2022 | 127 | 10.26 | 9.48 | 1,270 | 1.49 | % | 1.15 | % | 1.75 | % | (1.40 | )% | (1.99 | )% | |||||||||||||||||||||||
2021 | 149 | 10.40 | 9.67 | 1,519 | 1.01 | % | 1.15 | % | 1.75 | % | (1.30 | )% | (1.90 | )% | |||||||||||||||||||||||
2020 | 152 | 9.86 | 10.54 | 1,571 | 1.14 | % | 1.15 | % | 1.75 | % | 0.35 | % | 0.97 | % | |||||||||||||||||||||||
2019 | 176 | 9.82 | 10.44 | 1,795 | 2.37 | % | 1.15 | % | 1.75 | % | 0.90 | % | 1.51 | % | |||||||||||||||||||||||
PIMCO Total Return Portfolio, Advisor Class | |||||||||||||||||||||||||||||||||||||
2023 | 796 | 9.02 | 10.10 | 8,682 | 3.46 | % | 0.30 | % | 1.75 | % | 5.51 | % | 3.98 | % | |||||||||||||||||||||||
2022 | 911 | 8.55 | 9.72 | 9,525 | 2.44 | % | 0.30 | % | 1.75 | % | (14.64 | )% | (15.88 | )% | |||||||||||||||||||||||
2021 | 959 | 10.02 | 11.55 | 11,886 | 1.73 | % | 0.30 | % | 1.75 | % | (1.66 | )% | (3.09 | )% | |||||||||||||||||||||||
2020 | 906 | 10.19 | 13.86 | 11,581 | 2.01 | % | 0.30 | % | 1.75 | % | 6.64 | % | 7.29 | % | |||||||||||||||||||||||
2019 | 1,056 | 11.18 | 12.91 | 12,589 | 2.95 | % | 1.15 | % | 1.75 | % | 6.36 | % | 7.00 | % | |||||||||||||||||||||||
Protective Life Dynamic Allocation Series Conservative Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 179 | 11.70 | 11.70 | 2,097 | 2.00 | % | 1.30 | % | 1.30 | % | 10.00 | % | 10.00 | % | |||||||||||||||||||||||
2022 | 158 | 10.64 | 10.64 | 1,676 | 1.43 | % | 1.30 | % | 1.30 | % | (17.78 | )% | (17.78 | )% | |||||||||||||||||||||||
2021 | 63 | 12.94 | 12.94 | 816 | 0.88 | % | 1.30 | % | 1.30 | % | 7.31 | % | 7.31 | % | |||||||||||||||||||||||
2020 | 63 | 12.06 | 12.06 | 764 | 1.14 | % | 1.30 | % | 1.30 | % | 2.15 | % | 2.15 | % | |||||||||||||||||||||||
2019 | 65 | 11.80 | 11.80 | 767 | 1.53 | % | 1.30 | % | 1.30 | % | 8.54 | % | 8.54 | % |
141
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Protective Life Dynamic Allocation Series Growth Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 16 | $ | 14.26 | $ | 14.26 | $ | 224 | 1.81 | % | 1.30 | % | 1.30 | % | 16.81 | % | 16.81 | % | ||||||||||||||||||||
2022 | 17 | 12.20 | 12.20 | 205 | 1.11 | % | 1.30 | % | 1.30 | % | (20.61 | )% | (20.61 | )% | |||||||||||||||||||||||
2021 | 18 | 15.37 | 15.37 | 273 | 1.00 | % | 1.30 | % | 1.30 | % | 19.22 | % | 19.22 | % | |||||||||||||||||||||||
2020 | 16 | 12.89 | 12.89 | 207 | 1.07 | % | 1.30 | % | 1.30 | % | (3.42 | )% | (3.42 | )% | |||||||||||||||||||||||
2019 | 11 | 13.35 | 13.35 | 143 | 1.28 | % | 1.30 | % | 1.30 | % | 10.54 | % | 10.54 | % | |||||||||||||||||||||||
Protective Life Dynamic Allocation Series Moderate Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 52 | 12.50 | 12.50 | 655 | 1.86 | % | 1.30 | % | 1.30 | % | 12.05 | % | 12.05 | % | |||||||||||||||||||||||
2022 | 46 | 11.15 | 11.15 | 514 | 0.96 | % | 1.30 | % | 1.30 | % | (18.66 | )% | (18.66 | )% | |||||||||||||||||||||||
2021 | 49 | 13.71 | 13.71 | 673 | 0.73 | % | 1.30 | % | 1.30 | % | 10.86 | % | 10.86 | % | |||||||||||||||||||||||
2020 | 46 | 12.37 | 12.37 | 564 | 1.01 | % | 1.30 | % | 1.30 | % | 0.68 | % | 0.68 | % | |||||||||||||||||||||||
2019 | 40 | 12.29 | 12.29 | 497 | 1.38 | % | 1.30 | % | 1.30 | % | 9.15 | % | 9.15 | % | |||||||||||||||||||||||
Royce Capital Fund Micro Cap Portfolio, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 44 | 22.30 | 14.95 | 758 | 0.00 | % | 1.15 | % | 1.75 | % | 17.20 | % | 16.49 | % | |||||||||||||||||||||||
2022 | 31 | 19.03 | 12.83 | 463 | 0.00 | % | 1.15 | % | 1.75 | % | (23.54 | )% | (24.00 | )% | |||||||||||||||||||||||
2021 | 51 | 24.89 | 16.88 | 990 | 0.00 | % | 1.15 | % | 1.75 | % | 28.04 | % | 27.26 | % | |||||||||||||||||||||||
2020 | 63 | 13.27 | 19.44 | 972 | 0.00 | % | 1.15 | % | 1.75 | % | 21.40 | % | 22.14 | % | |||||||||||||||||||||||
2019 | 76 | 10.93 | 15.92 | 953 | 0.00 | % | 1.15 | % | 1.75 | % | 17.15 | % | 17.87 | % | |||||||||||||||||||||||
Royce Capital Fund Small Cap Portfolio, Service Class | |||||||||||||||||||||||||||||||||||||
2023 | 80 | 25.80 | 19.29 | 1,742 | 0.67 | % | 1.15 | % | 1.75 | % | 24.09 | % | 23.34 | % | |||||||||||||||||||||||
2022 | 101 | 20.79 | 15.64 | 1,785 | 0.07 | % | 1.15 | % | 1.75 | % | (10.45 | )% | (10.99 | )% | |||||||||||||||||||||||
2021 | 123 | 23.22 | 17.57 | 2,433 | 1.17 | % | 1.15 | % | 1.75 | % | 26.97 | % | 26.20 | % | |||||||||||||||||||||||
2020 | 155 | 13.92 | 18.29 | 2,423 | 0.70 | % | 1.15 | % | 1.75 | % | (8.95 | )% | (8.39 | )% | |||||||||||||||||||||||
2019 | 160 | 15.29 | 19.96 | 2,715 | 0.61 | % | 1.15 | % | 1.75 | % | 16.37 | % | 17.08 | % | |||||||||||||||||||||||
T. Rowe Price Blue Chip Growth Portfolio, Class II | |||||||||||||||||||||||||||||||||||||
2023 | 22 | 10.73 | 10.43 | 234 | 0.00 | % | 0.30 | % | 1.30 | % | 48.51 | % | 47.03 | % | |||||||||||||||||||||||
2022 | 25 | 7.23 | 7.10 | 179 | 0.00 | % | 0.30 | % | 1.30 | % | (38.85 | )% | (39.46 | )% | |||||||||||||||||||||||
2021 | 3 | 11.72 | 11.72 | 29 | 0.00 | % | 1.30 | % | 1.30 | % | (2.76 | )% | 3.32 | % |
142
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
T. Rowe Price Health Sciences Portfolio, Class II | |||||||||||||||||||||||||||||||||||||
2023 | 28 | $ | 9.48 | $ | 9.48 | $ | 263 | 0.00 | % | 1.30 | % | 1.30 | % | 1.35 | % | 1.35 | % | ||||||||||||||||||||
2022 | 22 | 9.35 | 9.35 | 201 | 0.00 | % | 1.30 | % | 1.30 | % | (13.82 | )% | (13.82 | )% | |||||||||||||||||||||||
Templeton Developing Markets VIP Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 36 | 10.70 | 10.26 | 381 | 2.51 | % | 1.30 | % | 1.65 | % | 11.16 | % | 10.77 | % | |||||||||||||||||||||||
2022 | 16 | 9.62 | 9.62 | 157 | 2.43 | % | 1.30 | % | 1.30 | % | (23.00 | )% | (23.00 | )% | |||||||||||||||||||||||
2021 | 17 | 12.50 | 12.50 | 211 | 1.54 | % | 1.30 | % | 1.30 | % | (6.96 | )% | (6.96 | )% | |||||||||||||||||||||||
2020 | 56 | 13.02 | 13.43 | 742 | 1.34 | % | 1.30 | % | 1.65 | % | 15.25 | % | 15.66 | % | |||||||||||||||||||||||
2019 | 66 | 11.30 | 11.61 | 764 | 0.72 | % | 1.30 | % | 1.30 | % | 24.61 | % | 25.05 | % | |||||||||||||||||||||||
Templeton Foreign VIP Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 160 | 17.30 | 11.32 | 1,931 | 3.27 | % | 1.15 | % | 1.75 | % | 19.37 | % | 18.65 | % | |||||||||||||||||||||||
2022 | 192 | 14.49 | 9.54 | 1,957 | 2.72 | % | 1.15 | % | 1.75 | % | (8.67 | )% | (9.22 | )% | |||||||||||||||||||||||
2021 | 175 | 15.86 | 10.51 | 1,951 | 2.03 | % | 1.15 | % | 1.75 | % | 2.96 | % | 2.34 | % | |||||||||||||||||||||||
2020 | 221 | 10.27 | 15.41 | 2,417 | 2.49 | % | 1.15 | % | 1.75 | % | (2.89 | )% | (2.29 | )% | |||||||||||||||||||||||
2019 | 214 | 10.57 | 15.77 | 2,423 | 1.56 | % | 1.05 | % | 1.75 | % | 10.56 | % | 11.35 | % | |||||||||||||||||||||||
Templeton Global Bond VIP Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 451 | 12.87 | 8.16 | 4,380 | 0.00 | % | 1.15 | % | 1.75 | % | 1.71 | % | 1.09 | % | |||||||||||||||||||||||
2022 | 516 | 12.65 | 8.07 | 4,949 | 0.00 | % | 1.15 | % | 1.75 | % | (6.04 | )% | (6.61 | )% | |||||||||||||||||||||||
2021 | 590 | 13.46 | 8.64 | 6,018 | 0.00 | % | 1.15 | % | 1.75 | % | (6.08 | )% | (6.65 | )% | |||||||||||||||||||||||
2020 | 554 | 9.26 | 14.75 | 6,036 | 8.23 | % | 1.15 | % | 1.75 | % | (6.94 | )% | (6.37 | )% | |||||||||||||||||||||||
2019 | 602 | 9.95 | 15.81 | 6,970 | 7.07 | % | 1.15 | % | 1.75 | % | 0.23 | % | 0.84 | % | |||||||||||||||||||||||
Templeton Growth VIP Fund, Class 2 | |||||||||||||||||||||||||||||||||||||
2023 | 12 | 22.05 | 15.33 | 199 | 3.75 | % | 1.15 | % | 1.75 | % | 19.62 | % | 18.90 | % | |||||||||||||||||||||||
2022 | 7 | 18.43 | 12.89 | 105 | 0.13 | % | 1.15 | % | 1.75 | % | (12.52 | )% | (13.05 | )% | |||||||||||||||||||||||
2021 | 6 | 21.07 | 14.83 | 94 | 1.59 | % | 1.15 | % | 1.75 | % | 3.67 | % | 3.04 | % | |||||||||||||||||||||||
2020 | 19 | 13.56 | 20.32 | 281 | 1.04 | % | 1.15 | % | 1.75 | % | 3.95 | % | 4.58 | % | |||||||||||||||||||||||
2019 | 23 | 13.03 | 19.43 | 323 | 3.20 | % | 1.05 | % | 1.75 | % | 13.14 | % | 13.95 | % |
143
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Vanguard VIF Capital Growth Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 2 | $ | 15.63 | $ | 15.63 | $ | 29 | 1.29 | % | 0.30 | % | 0.30 | % | 27.60 | % | 27.60 | % | ||||||||||||||||||||
2022 | 3 | 12.25 | 12.25 | 33 | 0.00 | % | 0.30 | % | 0.30 | % | (15.74 | )% | (15.74 | )% | |||||||||||||||||||||||
Vanguard VIF Conservative Allocation Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 4 | 10.93 | 10.93 | 39 | 1.93 | % | 0.30 | % | 0.30 | % | 12.17 | % | 12.17 | % | |||||||||||||||||||||||
2022 | 4 | 9.74 | 9.74 | 35 | 2.41 | % | 0.30 | % | 0.30 | % | (15.15 | )% | (15.15 | )% | |||||||||||||||||||||||
2021 | 4 | 11.48 | 11.48 | 41 | 0.00 | % | 0.30 | % | 0.30 | % | 0.40 | % | 0.40 | % | |||||||||||||||||||||||
Vanguard VIF Equity Index Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 6 | 15.63 | 15.63 | 93 | 1.40 | % | 0.30 | % | 0.30 | % | 25.74 | % | 25.74 | % | |||||||||||||||||||||||
2022 | 6 | 12.43 | 12.43 | 75 | 1.08 | % | 0.30 | % | 0.30 | % | (18.47 | )% | (18.47 | )% | |||||||||||||||||||||||
2021 | 4 | 15.25 | 15.25 | 66 | 0.00 | % | 0.30 | % | 0.30 | % | 10.63 | % | 10.63 | % | |||||||||||||||||||||||
Vanguard VIF Global Bond Index Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 4 | 9.08 | 9.08 | 36 | 1.90 | % | 0.30 | % | 0.30 | % | 6.20 | % | 6.20 | % | |||||||||||||||||||||||
2022 | 4 | 8.55 | 8.55 | 33 | 2.68 | % | 0.30 | % | 0.30 | % | (13.39 | )% | (13.39 | )% | |||||||||||||||||||||||
2021 | 4 | 9.87 | 9.87 | 38 | 0.00 | % | 0.30 | % | 0.30 | % | (0.97 | )% | (0.97 | )% | |||||||||||||||||||||||
Vanguard VIF Growth Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 5 | 13.03 | 13.03 | 65 | 0.24 | % | 0.30 | % | 0.30 | % | 39.72 | % | 39.72 | % | |||||||||||||||||||||||
2022 | 5 | 9.32 | 9.32 | 49 | 0.00 | % | 0.30 | % | 0.30 | % | (33.56 | )% | (33.56 | )% | |||||||||||||||||||||||
2021 | 3 | 14.03 | 14.03 | 41 | 0.00 | % | 0.30 | % | 0.30 | % | 4.91 | % | 4.91 | % | |||||||||||||||||||||||
Vanguard VIF International Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 2 | 10.26 | 10.26 | 25 | 1.52 | % | 0.30 | % | 0.30 | % | 14.31 | % | 14.31 | % | |||||||||||||||||||||||
2022 | 2 | 8.98 | 8.98 | 22 | 0.80 | % | 0.30 | % | 0.30 | % | (30.33 | )% | (30.33 | )% | |||||||||||||||||||||||
2021 | 1 | 12.89 | 12.89 | 15 | 0.00 | % | 0.30 | % | 0.30 | % | (5.02 | )% | (5.02 | )% | |||||||||||||||||||||||
Vanguard VIF Mid-Cap Index Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 6 | 14.44 | 14.44 | 81 | 1.51 | % | 0.30 | % | 0.30 | % | 15.48 | % | 15.48 | % | |||||||||||||||||||||||
2022 | 6 | 12.51 | 12.51 | 78 | 0.67 | % | 0.30 | % | 0.30 | % | (19.06 | )% | (19.06 | )% | |||||||||||||||||||||||
2021 | 3 | 15.45 | 15.45 | 43 | 0.00 | % | 0.30 | % | 0.30 | % | 9.56 | % | 9.56 | % |
144
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Vanguard VIF Moderate Allocation Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 58 | $ | 11.94 | $ | 11.94 | $ | 690 | 2.05 | % | 0.30 | % | 0.30 | % | 15.20 | % | 15.20 | % | ||||||||||||||||||||
2022 | 59 | 10.37 | 10.37 | 609 | 0.00 | % | 0.30 | % | 0.30 | % | (16.18 | )% | (16.18 | )% | |||||||||||||||||||||||
Vanguard VIF Money Market Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | - | 10.17 | 10.17 | - | 26.21 | % | 0.30 | % | 0.30 | % | 0.73 | % | 0.73 | % | |||||||||||||||||||||||
Vanguard VIF Real Estate Index Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 2 | 12.65 | 12.65 | 25 | 2.44 | % | 0.30 | % | 0.30 | % | 11.36 | % | 11.36 | % | |||||||||||||||||||||||
2022 | 2 | 11.36 | 11.36 | 22 | 1.57 | % | 0.30 | % | 0.30 | % | (26.52 | )% | (26.52 | )% | |||||||||||||||||||||||
2021 | 1 | 15.46 | 15.46 | 22 | 0.00 | % | 0.30 | % | 0.30 | % | 11.51 | % | 11.51 | % | |||||||||||||||||||||||
Vanguard VIF Short-Term Investment-Grade Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 31 | 10.02 | 10.02 | 314 | 1.19 | % | 0.30 | % | 0.30 | % | 5.84 | % | 5.84 | % | |||||||||||||||||||||||
2022 | 9 | 9.47 | 9.47 | 88 | 1.48 | % | 0.30 | % | 0.30 | % | (6.00 | )% | (6.00 | )% | |||||||||||||||||||||||
2021 | 8 | 10.08 | 10.08 | 80 | 0.00 | % | 0.30 | % | 0.30 | % | (0.87 | )% | (0.87 | )% | |||||||||||||||||||||||
Vanguard VIF Total Bond Market Index Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 44 | 8.97 | 8.97 | 392 | 2.90 | % | 0.30 | % | 0.30 | % | 5.26 | % | 5.26 | % | |||||||||||||||||||||||
2022 | 13 | 8.53 | 8.53 | 113 | 1.74 | % | 0.30 | % | 0.30 | % | (13.47 | )% | (13.47 | )% | |||||||||||||||||||||||
2021 | 10 | 9.85 | 9.85 | 100 | 0.00 | % | 0.30 | % | 0.30 | % | (0.87 | )% | (0.87 | )% | |||||||||||||||||||||||
Vanguard VIF Total International Stock Market Index Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 7 | 12.52 | 12.52 | 86 | 1.72 | % | 0.30 | % | 0.30 | % | 15.20 | % | 15.20 | % | |||||||||||||||||||||||
2022 | 2 | 10.87 | 10.87 | 22 | 0.00 | % | 0.30 | % | 0.30 | % | (16.26 | )% | (16.26 | )% | |||||||||||||||||||||||
Vanguard VIF Total Stock Market Index Portfolio | |||||||||||||||||||||||||||||||||||||
2023 | 10 | 15.36 | 15.36 | 161 | 0.00 | % | 0.30 | % | 0.30 | % | 8.03 | % | 8.03 | % |
145
As of December 31 | For the period ended December 31 | ||||||||||||||||||||||||||||||||||||
Subaccount | Units (000's) | Unit Fair Value Corresponding to the Lowest and Highest Expense Ratios | Net Assets (000's) | Investment Income Ratio (a) | Expense Ratios (b) | Total Return (c) Corresponding to the Lowest and Highest Expense Ratios | |||||||||||||||||||||||||||||||
Low | High | Low | High | Low | High | ||||||||||||||||||||||||||||||||
Western Asset Core Plus VIT Portfolio, Class II | |||||||||||||||||||||||||||||||||||||
2023 | 31 | $ | 8.63 | $ | 8.63 | $ | 272 | 3.60 | % | 1.30 | % | 1.30 | % | 5.06 | % | 5.06 | % | ||||||||||||||||||||
2022 | 26 | 8.22 | 8.22 | 217 | 3.04 | % | 1.30 | % | 1.30 | % | (18.35 | )% | (18.35 | )% | |||||||||||||||||||||||
2021 | 4 | 10.06 | 10.06 | 42 | 23.66 | % | 1.30 | % | 1.30 | % | (0.22 | )% | (0.22 | )% |
* The Subaccount has units and/or dollars that round to less than one thousand.
(a) These ratios represent the dividends received by the Subaccount, excluding distributions of capital gains, divided by the daily average net assets. These ratios exclude expenses, such as mortality and expense charges, that result in direct reductions in the unit values. The recognition of investment income by the Subaccount is affected by the timing of the declaration of dividends by the underlying mutual fund in which the Subaccounts invest.
(b) These ratios represent the annualized Contract expenses of the respective Subaccounts of the Separate Account, consisting primarily of mortality and expense risk and administrative charges, for each period indicated. These ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to Contract owner accounts through the redemption of units and expenses of the underlying mutual fund are excluded.
(c) These amounts represent the total return for the periods indicated, are not annualized, include changes in the value of the underlying mutual fund, and reflect deductions for all items included in the expense ratio. The total return does not include any expenses addressed through the redemption of units; inclusion of these expenses in the calculation would result in a reduction in the total return presented.
146
7. | SUBSEQUENT EVENTS |
The Separate Account has evaluated the effects of events subsequent to December 31, 2023, and through the date at which the financial statements were available to be issued. All accounting and disclosure requirements related to subsequent events are included in our financial statements.
147