GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Financial Statements
Year ended December 31, 2023
(With Report of Independent Registered Public Accounting Firm Thereon)
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Year ended December 31, 2023
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F-1 | ||||
F-4 | ||||
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F-31 |
Report of Independent Registered Public Accounting Firm
To the Board of Directors of Genworth Life Insurance Company of New York and
Contract Owners of Genworth Life of New York VA Separate Account 2
Opinion on the Financial Statements
We have audited the accompanying statements of assets and liabilities of the subaccounts listed in the Appendix that comprise the Genworth Life of New York VA Separate Account 2 (the Separate Account), as of December 31, 2023, the related statements of operations for the year then ended and changes in net assets for each of the years in the two-year period then ended, and the related notes including the financial highlights in Note 6 for each of the years presented in the five-year period then ended (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of each subaccount as of December 31, 2023, the results of its operations for the year then ended, the changes in its net assets for each of the years in the two-year period then ended, and the financial highlights in Note 6 for each of the years presented 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 Accounts 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 transfer agent of the underlying mutual funds. 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 Separate Accounts auditor since 1996.
Richmond, Virginia
April 18, 2024
F-1
Appendix
Statement of assets and liabilities as of December 31, 2023, the related statement of operations for the year then ended, the statements of changes in net assets for each of the years in the two-year period then ended, and the financial highlights for the five year or lessor period then ended.
AB Cap Fund, Inc.
AB Small Cap Growth Portfolio Class A
AB Trust
AB International Value Fund Class A
AIM Counselor Series Trust (Invesco Counselor Series Trust)
Invesco Capital Appreciation Fund Class A
AIM Equity Funds (Invesco Equity Funds)
Invesco Charter Fund Class A
Invesco Main Street Fund® Class A
AIM Growth Series (Invesco Growth Series)
Invesco Main Street Mid Cap Fund® Class A
AIM International Mutual Funds (Invesco International Mutual Funds)
Invesco Global Fund Class A
AIM Sector Funds (Invesco Sector Funds)
Invesco Comstock Fund Class A
Allspring Funds Trust
Allspring Disciplined U.S. Core Fund Class A
Allspring Special Large Cap Value Fund Class A (1)
Allspring Treasury Plus Money Market Fund Class A
American Century Capital Portfolios, Inc.
American Century Equity Income Fund A Class
American Century Government Income Trust
American Century Inflation Adjusted Bond Fund A Class
BlackRock Global Allocation Fund, Inc.
BlackRock Global Allocation Fund Investor A
BlackRock Large Cap Focus Value Fund, Inc.
BlackRock Large Cap Focus Value Fund, Inc. Investor A
Calamos Investment Trust
Calamos Growth Fund Class A
Cohen & Steers Global Realty Shares, Inc.
Cohen & Steers Global Realty Shares Class A
Columbia Acorn Trust
Columbia Acorn Fund Class A
Columbia Acorn International SelectSM Class A
Columbia Funds Series Trust
Columbia Large Cap Growth Opportunity Fund Class A
Columbia Select Mid Cap Value Fund Class A
Davis New York Venture Fund, Inc.
Davis New York Venture Fund Class A
Eaton Vance Mutual Funds Trust
Eaton Vance Floating-Rate Fund Class A
Eaton Vance Special Investment Trust
Eaton Vance Large-Cap Value Fund Class A
Federated Hermes Equity Funds
Federated Hermes Kaufmann Fund Class A
Fidelity Advisor Series I
Fidelity Advisor® Balanced Fund Class A
Fidelity Advisor® Equity Growth Fund Class A
Fidelity Advisor® Leveraged Company Stock Fund Class A
F-2
Fidelity Advisor Series II
Fidelity Advisor® Mid Cap II Fund Class A
Fidelity Contrafund
Fidelity Advisor® New Insights Fund Class A
Franklin Fund Allocator Series
Franklin Global Allocation Fund Class A
Franklin Value Investors Trust
Franklin Small Cap Value Fund Class A
JPMorgan Trust II
JPMorgan Core Bond Fund Class A
JPMorgan Investor Growth & Income Fund Class A
Janus Investment Fund
Janus Henderson Forty Fund Class A
Legg Mason Global Asset Management Trust
ClearBridge Value Trust Class FI
Legg Mason Partners Variable Equity Trust
ClearBridge Aggressive Growth Fund Class FI
Lord Abbett Affiliated Fund, Inc.
Lord Abbett Affiliated Fund Class A
Lord Abbett Bond Debenture Fund, Inc.
Lord Abbett Bond Debenture Fund Class A
Lord Abbett Mid Cap Stock Fund, Inc.
Lord Abbett Mid Cap Stock Fund Class A
PIMCO Funds
PIMCO High Yield Fund Class A
PIMCO Long-Term U.S. Government Fund Class A
PIMCO Low Duration Fund Class A
PIMCO Total Return Fund Class A
Prudential Investment Portfolios 18
PGIM Jennison Focused Growth Fund Class A
Prudential Jennison Natural Resources Fund, Inc.
PGIM Jennison Natural Resources Fund, Inc. Class A
Putnam Investment Funds
Putnam International Capital Opportunities Fund Class A
T. Rowe Price Capital Appreciation Fund
T. Rowe Price Capital Appreciation Fund Advisor Class
T. Rowe Price Equity Income Fund
T. Rowe Price Equity Income Fund Advisor Class
T. Rowe Price Growth Stock Fund, Inc.
T. Rowe Price Growth Stock Fund Advisor Class
The AB Portfolios
AB All Market Total Return Portfolio Class A
AB Wealth Appreciation Strategy Class A
The Advisors Inner Circle Fund III
First Foundation Total Return Fund Class A
Thornburg Investment Trust
Thornburg International Equity Fund Class A
Thornburg Small/Mid Cap Growth Fund Class A
Virtus Investment Trust
Virtus NFJ International Value Fund Class A
Virtus NFJ Large-Cap Value Fund Class A
(1) | See Note 1 to the financial statements for the former name of the subaccount. |
F-3
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Assets and Liabilities
December 31, 2023
AB Cap Fund, Inc. |
AB Trust | AIM Counselor Series Trust (Invesco Counselor Series Trust) |
AIM Equity Funds (Invesco Equity Funds) |
|||||||||||||||||
AB Small Cap Growth Portfolio Class A |
AB International Value Fund Class A |
Invesco Capital Appreciation Fund Class A |
Invesco Charter Fund Class A |
Invesco Main Street Fund® Class A |
||||||||||||||||
Assets: | ||||||||||||||||||||
Investments at fair value (note 2b) | $ | $ | $99,071 | $ | $ | |||||||||||||||
Dividend receivable | | | | | | |||||||||||||||
Receivable for units sold | | | | | | |||||||||||||||
Total assets | | | 99,071 | | | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Accrued expenses payable to affiliate (note 4b) | | | 4 | | | |||||||||||||||
Payable for units withdrawn | | | 1 | | | |||||||||||||||
Total liabilities | | | 5 | | | |||||||||||||||
Net assets | $ | $ | $99,066 | $ | $ | |||||||||||||||
Investments in securities at cost | $ | $ | $85,924 | $ | $ | |||||||||||||||
Shares outstanding | | | 1,541 | | |
American Century Government Income Trust |
BlackRock Global Allocation Fund, Inc. |
BlackRock Large Cap Focus Value Fund, Inc. |
Calamos Investment Trust |
Cohen & Steers Global Realty Shares, Inc. |
||||||||||||||||
American Century Inflation- Adjusted Bond Fund A Class |
BlackRock Global Allocation Fund Investor A |
BlackRock Large Cap Focus Value Fund, Inc. Investor A |
Calamos Growth Fund Class A |
Cohen & Steers Global Realty Shares, Inc. Class A |
||||||||||||||||
Assets: | ||||||||||||||||||||
Investments at fair value (note 2b) | $147,016 | $200,953 | $52,673 | $13,963 | $50,126 | |||||||||||||||
Dividend receivable | | | | | | |||||||||||||||
Receivable for units sold | | 17 | | | | |||||||||||||||
Total assets | 147,016 | 200,970 | 52,673 | 13,963 | 50,126 | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Accrued expenses payable to affiliate (note 4b) | 6 | 9 | 2 | 1 | 2 | |||||||||||||||
Payable for units withdrawn | | | 1 | | 1 | |||||||||||||||
Total liabilities | 6 | 9 | 3 | 1 | 3 | |||||||||||||||
Net assets | $147,010 | $200,961 | $52,670 | $13,962 | $50,123 | |||||||||||||||
Investments in securities at cost | $164,480 | $203,840 | $51,750 | $13,397 | $48,984 | |||||||||||||||
Shares outstanding | 14,191 | 10,993 | 2,925 | 391 | 969 |
See accompanying notes to financial statements.
F-4
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Assets and Liabilities Continued
December 31, 2023
AIM Growth Series (Invesco Growth Series) |
AIM International Mutual Funds (Invesco International Mutual Funds) |
AIM Sector Funds (Invesco Sector Funds) |
Allspring Funds Trust | American Century Capital Portfolios, Inc. |
||||||||||||||||||||||
Invesco Main Street Mid Cap Fund® Class A |
Invesco Global Fund Class A |
Invesco Comstock Fund Class A |
Allspring Disciplined U.S. Core Fund Class A |
Allspring Special Large Cap Value Fund Class A |
Allspring Treasury Plus Money Market Fund Class A |
American Century Equity Income Fund A Class |
||||||||||||||||||||
$49,548 | $20,962 | $70,748 | $ | $ | $1 | $ | ||||||||||||||||||||
| | | | | | | ||||||||||||||||||||
| | | | | | | ||||||||||||||||||||
49,548 | 20,962 | 70,748 | | | 1 | | ||||||||||||||||||||
2 | 1 | 3 | | | | | ||||||||||||||||||||
1 | | 1 | | | 1 | | ||||||||||||||||||||
3 | 1 | 4 | | | 1 | | ||||||||||||||||||||
$49,545 | $20,961 | $70,744 | $ | $ | $ | $ | ||||||||||||||||||||
$48,563 | $22,999 | $73,813 | $ | $ | $1 | $ | ||||||||||||||||||||
1,854 | 233 | 2,590 | | | 1 | |
Columbia Acorn Trust | Columbia Funds Series Trust | Davis New York Venture Fund, Inc. |
Eaton Vance Mutual Funds Trust |
Eaton Vance Special Investment Trust |
||||||||||||||||||||||
Columbia Acorn Fund Class A |
Columbia Acorn International SelectSM Class A |
Columbia Large Cap Growth Opportunity Fund Class A |
Columbia Select Mid Cap Value Fund Class A |
Davis New York Venture Fund Class A |
Eaton Vance Floating-Rate Fund Class A |
Eaton Vance Large-Cap Value Fund Class A |
||||||||||||||||||||
$70,546 | $ | $49,768 | $4,775 | $9,562 | $78,246 | $1 | ||||||||||||||||||||
| | | | | 810 | | ||||||||||||||||||||
| | | | | | | ||||||||||||||||||||
70,546 | | 49,768 | 4,775 | 9,562 | 79,056 | 1 | ||||||||||||||||||||
3 | | 2 | | | 3 | 1 | ||||||||||||||||||||
| | 1 | | 1 | | | ||||||||||||||||||||
3 | | 3 | | 1 | 3 | 1 | ||||||||||||||||||||
$70,543 | $ | $49,765 | $4,775 | $9,561 | $79,053 | $ | ||||||||||||||||||||
$98,394 | $ | $48,503 | $3,995 | $10,276 | $78,598 | $1 | ||||||||||||||||||||
9,419 | | 3,517 | 368 | 360 | 8,994 | |
See accompanying notes to financial statements.
F-5
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Assets and Liabilities Continued
December 31, 2023
Federated Hermes Equity Funds |
Fidelity Advisor Series I | Fidelity Advisor Series II |
||||||||||||||||||
Federated Hermes Kaufmann Fund Class A |
Fidelity Advisor® Balanced Fund Class A |
Fidelity Advisor® Equity Growth Fund Class A |
Fidelity Advisor® Leveraged Company Stock Fund Class A |
Fidelity Advisor® Mid Cap II Fund Class A |
||||||||||||||||
Assets: | ||||||||||||||||||||
Investments at fair value (note 2b) | $13,729 | $5,618 | $67,260 | $ | $ | |||||||||||||||
Dividend receivable | | | | | | |||||||||||||||
Receivable for units sold | | | | | | |||||||||||||||
Total assets | 13,729 | 5,618 | 67,260 | | | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Accrued expenses payable to affiliate (note 4b) | 1 | | 3 | | | |||||||||||||||
Payable for units withdrawn | | | | | | |||||||||||||||
Total liabilities | 1 | | 3 | | | |||||||||||||||
Net assets | $13,728 | $5,618 | $67,257 | $ | $ | |||||||||||||||
Investments in securities at cost | $15,617 | $3,819 | $57,806 | $ | $ | |||||||||||||||
Shares outstanding | 2,615 | 213 | 3,938 | | |
Legg Mason Partners Variable Equity Trust |
Lord Abbett Affiliated Fund, Inc. |
Lord Abbett Bond Debenture Fund, Inc. |
Lord Abbett Mid Cap Stock Fund, Inc. |
PIMCO Funds | ||||||||||||||||
ClearBridge Aggressive Growth Fund Class FI |
Lord Abbett Affiliated Fund Class A |
Lord Abbett Bond Debenture Fund Class A |
Lord Abbett Mid Cap Stock Fund Class A |
PIMCO High Yield Fund Class A |
||||||||||||||||
Assets: | ||||||||||||||||||||
Investments at fair value (note 2b) | $1 | $ | $79,157 | $ | $79,296 | |||||||||||||||
Dividend receivable | | | 368 | | 379 | |||||||||||||||
Receivable for units sold | | | | | | |||||||||||||||
Total assets | 1 | | 79,525 | | 79,675 | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Accrued expenses payable to affiliate (note 4b) | 1 | | 4 | | 3 | |||||||||||||||
Payable for units withdrawn | | | | | | |||||||||||||||
Total liabilities | 1 | | 4 | | 3 | |||||||||||||||
Net assets | $ | $ | $79,521 | $ | $79,672 | |||||||||||||||
Investments in securities at cost | $ | $ | $77,877 | $ | $86,473 | |||||||||||||||
Shares outstanding | | | 11,180 | | 9,924 |
See accompanying notes to financial statements.
F-6
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Assets and Liabilities Continued
December 31, 2023
Fidelity Contrafund |
Franklin Fund Allocator Series |
Franklin Value Investors Trust |
JPMorgan Trust II | Janus Investment Fund |
Legg Mason Global Asset Management Trust |
|||||||||||||||||||||
Fidelity Advisor® New Insights Fund Class A |
Franklin Global Allocation Fund Class A |
Franklin Small Cap Value Fund Class A |
JPMorgan Core Bond Fund Class A |
JPMorgan Investor Growth & Income Fund Class A |
Janus Henderson Forty Fund Class A |
ClearBridge Value Trust Class FI |
||||||||||||||||||||
$270,955 | $316,986 | $49,980 | $111,329 | $ | $67,294 | $ | ||||||||||||||||||||
| | | | | | | ||||||||||||||||||||
| 301 | | | | | | ||||||||||||||||||||
270,955 | 317,287 | 49,980 | 111,329 | | 67,294 | | ||||||||||||||||||||
12 | 14 | 2 | 5 | | 3 | | ||||||||||||||||||||
| | 1 | | | 1 | | ||||||||||||||||||||
12 | 14 | 3 | 5 | | 4 | | ||||||||||||||||||||
$270,943 | $317,273 | $49,977 | $111,324 | $ | $67,290 | $ | ||||||||||||||||||||
$261,450 | $264,631 | $49,711 | $123,726 | $ | $58,991 | $ | ||||||||||||||||||||
8,337 | 22,626 | 930 | 10,809 | | 1,473 | |
PIMCO Funds (continued) | Prudential Investment Portfolios 18 |
Prudential Jennison Natural Resources Fund, Inc. |
Putnam Investment Funds |
T. Rowe Price Capital Appreciation Fund |
||||||||||||||||||||||
PIMCO Long-Term U.S. Government Fund Class A |
PIMCO Low Duration Fund Class A |
PIMCO Total Return Fund Class A |
PGIM Jennison Focused Growth Fund Class A |
PGIM Jennison Natural Resources Fund, Inc. Class A |
Putnam International Capital Opportunities Fund Class A |
T. Rowe Price Capital Appreciation Fund Advisor Class |
||||||||||||||||||||
$249,302 | $149,358 | $339,103 | $13,722 | $ | $50,348 | $4,792 | ||||||||||||||||||||
543 | 499 | 968 | | | | | ||||||||||||||||||||
| | | | | | | ||||||||||||||||||||
249,845 | 149,857 | 340,071 | 13,722 | | 50,348 | 4,792 | ||||||||||||||||||||
10 | 6 | 15 | 1 | | 3 | | ||||||||||||||||||||
| | | | | 1 | | ||||||||||||||||||||
10 | 6 | 15 | 1 | | 4 | | ||||||||||||||||||||
$249,835 | $149,851 | $340,056 | $13,721 | $ | $50,344 | $4,792 | ||||||||||||||||||||
$250,884 | $158,526 | $375,800 | $13,839 | $ | $44,164 | $4,322 | ||||||||||||||||||||
16,642 | 16,235 | 39,203 | 676 | | 1,288 | 144 |
See accompanying notes to financial statements.
F-7
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Assets and Liabilities Continued
December 31, 2023
T. Rowe Price Equity Income Fund |
T. Rowe Price Growth Stock Fund, Inc. |
The AB Portfolios | The Advisors Inner Circle Fund III |
|||||||||||||||||
T. Rowe Price Equity Income Fund Advisor Class |
T. Rowe Price Growth Stock Fund Advisor Class |
AB All Market Total Return Portfolio Class A |
AB Wealth Appreciation Strategy Class A |
First Foundation Total Return Fund Class A |
||||||||||||||||
Assets: | ||||||||||||||||||||
Investments at fair value (note 2b) | $88,310 | $1 | $115,800 | $49,776 | $73,892 | |||||||||||||||
Dividend receivable | | | | | | |||||||||||||||
Receivable for units sold | | | | | | |||||||||||||||
Total assets | 88,310 | 1 | 115,800 | 49,776 | 73,892 | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Accrued expenses payable to affiliate (note 4b) | 4 | 1 | 5 | 2 | 2 | |||||||||||||||
Payable for units withdrawn | 1 | | 12 | 1 | 307 | |||||||||||||||
Total liabilities | 5 | 1 | 17 | 3 | 309 | |||||||||||||||
Net assets | $88,305 | $ | $115,783 | $49,773 | $73,583 | |||||||||||||||
Investments in securities at cost | $87,148 | $1 | $111,531 | $48,732 | $75,709 | |||||||||||||||
Shares outstanding | 2,633 | | 8,149 | 2,683 | 2,788 |
See accompanying notes to financial statements.
F-8
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Assets and Liabilities Continued
December 31, 2023
Thornburg Investment Trust |
Virtus Investment Trust | |||||||||||||||||||||||||
Thornburg International Equity Fund Class A |
Thornburg Small/Mid Cap Growth Fund Class A |
Virtus NFJ International Value Fund Class A |
Virtus NFJ Large-Cap Value Fund Class A |
|||||||||||||||||||||||
$ | $1 | $9,592 | $ | |||||||||||||||||||||||
| | | | |||||||||||||||||||||||
| | | | |||||||||||||||||||||||
| 1 | 9,592 | | |||||||||||||||||||||||
| 1 | | | |||||||||||||||||||||||
| | 1 | | |||||||||||||||||||||||
| 1 | 1 | | |||||||||||||||||||||||
$ | $ | $9,591 | $ | |||||||||||||||||||||||
$ | $1 | $9,138 | $ | |||||||||||||||||||||||
| | 502 | |
See accompanying notes to financial statements.
F-9
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
AB Cap Fund, Inc. |
AB Trust | AIM Counselor Series Trust (Invesco Counselor Series Trust) |
AIM Equity Funds (Invesco Equity Funds) |
|||||||||||||||||
AB Small Cap Growth Portfolio Class A |
AB International Value Fund Class A |
Invesco Capital Appreciation Fund Class A |
Invesco Charter Fund Class A |
Invesco Main Street Fund® Class A |
||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
||||||||||||||||
Investment income and expense: | ||||||||||||||||||||
Income Ordinary dividends | $ | $ | $ | $ | $ | |||||||||||||||
Mortality and expense risk and administrative charges (note 4a) | | 414 | 1,055 | 1,659 | 2,074 | |||||||||||||||
Net investment income (expense) | | (414 | ) | (1,055 | ) | (1,659 | ) | (2,074 | ) | |||||||||||
Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
Net realized gain (loss) | | 11,563 | 1,209 | 17,693 | (36,203 | ) | ||||||||||||||
Change in unrealized appreciation (depreciation) | | (3,557 | ) | 17,478 | 17,501 | 78,874 | ||||||||||||||
Capital gain distributions | | | | | | |||||||||||||||
Net realized and unrealized gain (loss) on investments | | 8,006 | 18,687 | 35,194 | 42,671 | |||||||||||||||
Increase (decrease) in net assets from operations | $ | $7,592 | $17,632 | $33,535 | $40,597 |
American Century Government Income Trust |
BlackRock Global Allocation Fund, Inc. |
BlackRock Large Cap Focus Value Fund, Inc. |
Calamos Investment Trust |
Cohen & Steers Global Realty Shares, Inc. |
||||||||||||||||
American Century Inflation- Adjusted Bond Fund A Class |
BlackRock Global Allocation Fund Investor A |
BlackRock Large Cap Focus Value Fund, Inc. Investor A |
Calamos Growth Fund Class A |
Cohen & Steers Global Realty Shares, Inc. Class A |
||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
||||||||||||||||
Investment income and expense: | ||||||||||||||||||||
Income Ordinary dividends | $6,608 | $2,290 | $1,083 | $ | $635 | |||||||||||||||
Mortality and expense risk and administrative charges (note 4a) | 2,727 | 3,008 | 753 | 635 | 319 | |||||||||||||||
Net investment income (expense) | 3,881 | (718 | ) | 330 | (635 | ) | 316 | |||||||||||||
Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
Net realized gain (loss) | (9,062 | ) | (1,743 | ) | (259 | ) | (1,273 | ) | (289 | ) | ||||||||||
Change in unrealized appreciation (depreciation) | 7,254 | 21,789 | 5,328 | 17,624 | 1,142 | |||||||||||||||
Capital gain distributions | | | 1,369 | 595 | | |||||||||||||||
Net realized and unrealized gain (loss) on investments | (1,808 | ) | 20,046 | 6,438 | 16,946 | 853 | ||||||||||||||
Increase (decrease) in net assets from operations | $2,073 | $19,328 | $6,768 | $16,311 | $1,169 |
See accompanying notes to financial statements.
F-10
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Operations Continued
AIM Growth Series (Invesco Growth Series) |
AIM International Mutual Funds (Invesco International Mutual Funds) |
AIM Sector Funds (Invesco Sector Funds) |
Allspring Funds Trust | American Century Capital Portfolios, Inc. |
||||||||||||||||||||||
Invesco Main Street Mid Cap Fund® Class A |
Invesco Global Fund Class A |
Invesco Comstock Fund Class A |
Allspring Disciplined U.S. Core Fund Class A |
Allspring Special Large Cap Value Fund Class A |
Allspring Treasury Plus Money Market Fund Class A |
American Century Equity Income Fund A Class |
||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
||||||||||||||||||||
$ | $ | $762 | $ | $ | $52 | $ | ||||||||||||||||||||
|
318 |
347 | 664 | | | 21 | | |||||||||||||||||||
(318 | ) | (347 | ) | 98 | | | 31 | | ||||||||||||||||||
(194 | ) | (1,332 | ) | (571 | ) | | | | | |||||||||||||||||
984 | 5,566 | (1 | ) | | | | | |||||||||||||||||||
| 2,045 | 4,443 | | | | | ||||||||||||||||||||
790 | 6,279 | 3,871 | | | | | ||||||||||||||||||||
$472 | $5,932 | $3,969 | $ | $ | $31 | $ |
Columbia Acorn Trust | Columbia Funds Series Trust | Davis New York Venture Fund, Inc. |
Eaton Vance Mutual Funds Trust |
Eaton Vance Special Investment Trust |
||||||||||||||||||||||
Columbia Acorn Fund Class A |
Columbia Acorn International SelectSM Class A |
Columbia Large Cap Growth Opportunity Fund Class A |
Columbia Select Mid Cap Value Fund Class A |
Davis New York Venture Fund Class A |
Eaton Vance Floating-Rate Fund Class A |
Eaton Vance Large-Cap Value Fund Class A |
||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
||||||||||||||||||||
$ | $ | $ | $38 | $83 | $6,872 | $258 | ||||||||||||||||||||
|
1,078 |
| 1,150 | 75 | 151 | 1,238 | 411 | |||||||||||||||||||
(1,078 | ) | | (1,150 | ) | (37 | ) | (68 | ) | 5,634 | (153 | ) | |||||||||||||||
(7,776 | ) | | (6,090 | ) | 136 | (454 | ) | (330 | ) | 6,064 | ||||||||||||||||
21,359 | | 29,083 | 320 | 2,225 | 2,652 | (3,287 | ) | |||||||||||||||||||
| | | 22 | 661 | | | ||||||||||||||||||||
13,583 | | 22,993 | 478 | 2,432 | 2,322 | 2,777 | ||||||||||||||||||||
$12,505 | $ | $21,843 | $441 | $2,364 | $7,956 | $2,624 |
See accompanying notes to financial statements.
F-11
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Operations Continued
Federated Hermes Equity Funds |
Fidelity Advisor Series I | Fidelity Advisor Series II |
||||||||||||||||||
Federated Hermes Kaufmann Fund Class A |
Fidelity Advisor® Balanced Fund Class A |
Fidelity Advisor® Equity Growth Fund Class A |
Fidelity Advisor® Leveraged Company Stock Fund Class A |
Fidelity Advisor® Mid Cap II Fund Class A |
||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
||||||||||||||||
Investment income and expense: | ||||||||||||||||||||
Income Ordinary dividends | $ | $83 | $ | $ | $ | |||||||||||||||
Mortality and expense risk and administrative charges (note 4a) | 213 | 78 | 846 | | | |||||||||||||||
Net investment income (expense) | (213 | ) | 5 | (846 | ) | | | |||||||||||||
Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
Net realized gain (loss) | (293 | ) | 263 | 653 | | | ||||||||||||||
Change in unrealized appreciation (depreciation) | 1,880 | 731 | 15,269 | | | |||||||||||||||
Capital gain distributions | 258 | 4 | 377 | | | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 1,845 | 998 | 16,299 | | | |||||||||||||||
Increase (decrease) in net assets from operations | $1,632 | $1,003 | $15,453 | $ | $ |
Legg Mason Partners Variable Equity Trust |
Lord Abbett Affiliated Fund, Inc. |
Lord Abbett Bond Debenture Fund, Inc. |
Lord Abbett Mid Cap Stock Fund, Inc. |
PIMCO Funds | ||||||||||||||||
ClearBridge Aggressive Growth Fund Class FI |
Lord Abbett Affiliated Fund Class A |
Lord Abbett Bond Debenture Fund Class A |
Lord Abbett Mid Cap Stock Fund Class A |
PIMCO High Yield Fund Class A |
||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
||||||||||||||||
Investment income and expense: | ||||||||||||||||||||
Income Ordinary dividends | $ | $ | $1,935 | $ | $4,494 | |||||||||||||||
Mortality and expense risk and administrative charges (note 4a) | | | 532 | | 1,237 | |||||||||||||||
Net investment income (expense) | | | 1,403 | | 3,257 | |||||||||||||||
Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
Net realized gain (loss) | | | (272 | ) | | (2,793 | ) | |||||||||||||
Change in unrealized appreciation (depreciation) | | | 1,281 | | 7,604 | |||||||||||||||
Capital gain distributions | | | | | | |||||||||||||||
Net realized and unrealized gain (loss) on investments | | | 1,009 | | 4,811 | |||||||||||||||
Increase (decrease) in net assets from operations | $ | $ | $2,412 | $ | $8,068 |
See accompanying notes to financial statements.
F-12
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Operations Continued
Fidelity Contrafund |
Franklin Fund Allocator Series |
Franklin Value Investors Trust |
JPMorgan Trust II | Janus Investment Fund |
Legg Mason Global Asset Management Trust |
|||||||||||||||||||||
Fidelity Advisor® New Insights Fund Class A |
Franklin Global Allocation Fund Class A |
Franklin Small Cap Value Fund Class A |
JPMorgan Core Bond Fund Class A |
JPMorgan Investor Growth & Income Fund Class A |
Janus Henderson Forty Fund Class A |
ClearBridge Value Trust Class FI |
||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
||||||||||||||||||||
$506 | $5,391 | $415 | $7,098 | $ | $9 | $ | ||||||||||||||||||||
|
2,000 |
4,907 | 319 | 3,541 | | 846 | | |||||||||||||||||||
(1,494 | ) | 484 | 96 | 3,557 | | (837 | ) | | ||||||||||||||||||
(78 | ) | 4,309 | (158 | ) | (33,780 | ) | | 1,876 | | |||||||||||||||||
14,718 | 28,242 | 269 | 37,988 | | 10,656 | | ||||||||||||||||||||
12,571 | | 1,799 | | | 5,287 | | ||||||||||||||||||||
27,211 | 32,551 | 1,910 | 4,208 | | 17,819 | | ||||||||||||||||||||
$25,717 | $33,035 | $2,006 | $7,765 | $ | $16,982 | $ |
PIMCO Funds (continued) | Prudential Investment Portfolios 18 |
Prudential Jennison Natural Resources Fund, Inc. |
Putnam Investment Funds |
T. Rowe Price Capital Appreciation Fund |
||||||||||||||||||||||
PIMCO Long-Term U.S. Government Fund Class A |
PIMCO Low Duration Fund Class A |
PIMCO Total Return Fund Class A |
PGIM Jennison Focused Growth Fund Class A |
PGIM Jennison Natural Resources Fund, Inc. Class A |
Putnam International Capital Opportunities Fund Class A |
T. Rowe Price Capital Appreciation Fund Advisor Class |
||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
||||||||||||||||||||
$3,257 | $5,835 | $13,748 | $ | $ | $208 | $86 | ||||||||||||||||||||
|
1,669 |
2,245 | 5,986 | 215 | | 732 | 75 | |||||||||||||||||||
1,588 | 3,590 | 7,762 | (215 | ) | | (524 | ) | 11 | ||||||||||||||||||
(3,322 | ) | (2,559 | ) | (20,657 | ) | (909 | ) | | 773 | 31 | ||||||||||||||||
(1,582 | ) | 4,056 | 27,705 | 6,399 | | 5,766 | 561 | |||||||||||||||||||
| | | | | 399 | 95 | ||||||||||||||||||||
(4,904 | ) | 1,497 | 7,048 | 5,490 | | 6,938 | 687 | |||||||||||||||||||
$(3,316 | ) | $5,087 | $14,810 | $5,275 | $ | $6,414 | $698 |
See accompanying notes to financial statements.
F-13
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Operations Continued
T. Rowe Price Equity Income Fund |
T. Rowe Price Growth Stock Fund, Inc. |
The AB Portfolios | The Advisors Inner Circle Fund III |
|||||||||||||||||
T. Rowe Price Equity Income Fund Advisor Class |
T. Rowe Price Growth Stock Fund Advisor Class |
AB All Market Total Return Portfolio Class A |
AB Wealth Appreciation Strategy Class A |
First Foundation Total Return Fund Class A |
||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
||||||||||||||||
Investment income and expense: | ||||||||||||||||||||
Income Ordinary dividends | $1,468 | $ | $1,425 | $525 | $3,848 | |||||||||||||||
Mortality and expense risk and administrative charges (note 4a) | 1,185 | | 1,207 | 319 | 976 | |||||||||||||||
Net investment income (expense) | 283 | | 218 | 206 | 2,872 | |||||||||||||||
Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
Net realized gain (loss) | 35 | | (141 | ) | (93 | ) | 350 | |||||||||||||
Change in unrealized appreciation (depreciation) | 2,067 | | 7,307 | 1,044 | 3,655 | |||||||||||||||
Capital gain distributions | 3,483 | | | 586 | 3,680 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 5,585 | | 7,166 | 1,537 | 7,685 | |||||||||||||||
Increase (decrease) in net assets from operations | $5,868 | $ | $7,384 | $1,743 | $10,557 |
See accompanying notes to financial statements.
F-14
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Operations Continued
Thornburg Investment Trust |
Virtus Investment Trust | |||||||||||||||||||||||||
Thornburg International Equity Fund Class A |
Thornburg Small/Mid Cap Growth Fund Class A |
Virtus NFJ International Value Fund Class A |
Virtus NFJ Large-Cap Value Fund Class A |
|||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
Year ended December 31, 2023 |
|||||||||||||||||||||||
$ | $ | $146 | $ | |||||||||||||||||||||||
|
|
| 150 | | ||||||||||||||||||||||
| | (4 | ) | | ||||||||||||||||||||||
| | 159 | | |||||||||||||||||||||||
| | 773 | | |||||||||||||||||||||||
| | | | |||||||||||||||||||||||
| | 932 | | |||||||||||||||||||||||
$ | $ | $928 | $ |
See accompanying notes to financial statements.
F-15
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets
AB Cap Fund, Inc. | AB Trust | AIM Counselor Series Trust (Invesco Counselor Series Trust) |
||||||||||||||||||||||
AB Small Cap Growth Portfolio Class A |
AB International Value Fund Class A |
Invesco Capital Appreciation Fund Class A |
||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||
Increase (decrease) in net assets | ||||||||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (expense) | $ | $ | $(414 | ) | $260 | $(1,055 | ) | $(333 | ) | |||||||||||||||
Net realized gain (loss) on investments | | (1 | ) | 11,563 | 256 | 1,209 | 98 | |||||||||||||||||
Change in unrealized appreciation (depreciation) on investments | | | (3,557 | ) | 3,557 | 17,478 | (4,332 | ) | ||||||||||||||||
Capital gain distributions | | | | | | 407 | ||||||||||||||||||
Increase (decrease) in net assets from operations | | (1 | ) | 7,592 | 4,073 | 17,632 | (4,160 | ) | ||||||||||||||||
From capital transactions (note 4): | ||||||||||||||||||||||||
Transfers for contract benefits and terminations | | | (1,779 | ) | (2,018 | ) | (6,231 | ) | (2,008 | ) | ||||||||||||||
Administrative expenses | | | (591 | ) | (507 | ) | (1,592 | ) | (500 | ) | ||||||||||||||
Transfers between subaccounts (including fixed account), net | | 1 | (54,059 | ) | 47,289 | 41,947 | 53,978 | |||||||||||||||||
Increase (decrease) in net assets from capital transactions | | 1 | (56,429 | ) | 44,764 | 34,124 | 51,470 | |||||||||||||||||
Increase (decrease) in net assets | | | (48,837 | ) | 48,837 | 51,756 | 47,310 | |||||||||||||||||
Net assets at beginning of year | | | 48,837 | | 47,310 | | ||||||||||||||||||
Net assets at end of year | $ | $ | $ | $48,837 | $99,066 | $47,310 | ||||||||||||||||||
Change in units (note 5): | ||||||||||||||||||||||||
Units purchased | | | 360 | 9,431 | 2,068 | 2,441 | ||||||||||||||||||
Units redeemed | | | (7,951 | ) | (1,840 | ) | (825 | ) | (258 | ) | ||||||||||||||
Net increase (decrease) in units from capital transactions with contract owners | | | (7,591 | ) | 7,591 | 1,243 | 2,183 |
See accompanying notes to financial statements.
F-16
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
AIM Equity Funds (Invesco Equity Funds) |
AIM Growth Series (Invesco Growth Series) |
AIM International Mutual Funds (Invesco International Mutual Funds) |
AIM Sector Funds (Invesco Sector Funds) |
|||||||||||||||||||||||||||||||||||
Invesco Charter Fund Class A |
Invesco Main Street Fund® Class A |
Invesco Main Street Mid Cap Fund® Class A |
Invesco Global Fund Class A |
Invesco Comstock Fund Class A |
||||||||||||||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||||||||||||
$(1,659 | ) | $(62 | ) | $(2,074 | ) | $(1,294 | ) | $(318 | ) | $ | $(347 | ) | $(393 | ) | $98 | $46 | ||||||||||||||||||||||
17,693 | (1,189 | ) | (36,203 | ) | (15,901 | ) | (194 | ) | | (1,332 | ) | (942 | ) | (571 | ) | (362 | ) | |||||||||||||||||||||
17,501 | (15,251 | ) | 78,874 | (50,435 | ) | 984 | | 5,566 | (11,543 | ) | (1 | ) | (3,064 | ) | ||||||||||||||||||||||||
| 6,300 | | 8,257 | | | 2,045 | 2,608 | 4,443 | 2,112 | |||||||||||||||||||||||||||||
33,535 | (10,202 | ) | 40,597 | (59,373 | ) | 472 | | 5,932 | (10,270 | ) | 3,969 | (1,268 | ) | |||||||||||||||||||||||||
(7,200 | ) | (9,635 | ) | (9,004 | ) | (28,022 | ) | (2,205 | ) | | (2,310 | ) | (2,111 | ) | (4,524 | ) | (1,535 | ) | ||||||||||||||||||||
(2,362 | ) | (2,291 | ) | (2,954 | ) | (5,115 | ) | (494 | ) | | (572 | ) | (573 | ) | (1,062 | ) | (446 | ) | ||||||||||||||||||||
(215,682 | ) | 183,944 | (269,173 | ) | 35,282 | 51,772 | | (3,327 | ) | 3,852 | 50,863 | 24,747 | ||||||||||||||||||||||||||
(225,244 | ) | 172,018 | (281,131 | ) | 2,145 | 49,073 | | (6,209 | ) | 1,168 | 45,277 | 22,766 | ||||||||||||||||||||||||||
(191,709 | ) | 161,816 | (240,534 | ) | (57,228 | ) | 49,545 | | (277 | ) | (9,102 | ) | 49,246 | 21,498 | ||||||||||||||||||||||||
191,709 | 29,893 | 240,534 | 297,762 | | | 21,238 | 30,340 | 21,498 | | |||||||||||||||||||||||||||||
$ | $191,709 | $ | $240,534 | $49,545 | $ | $20,961 | $21,238 | $70,744 | $21,498 | |||||||||||||||||||||||||||||
311 | 9,840 | 231 | 2,812 | 2,044 | | 92 | 327 | 1,872 | 990 | |||||||||||||||||||||||||||||
(9,920 | ) | (1,400 | ) | (10,025 | ) | (2,540 | ) | (163 | ) | | (387 | ) | (272 | ) | (312 | ) | (182 | ) | ||||||||||||||||||||
|
(9,609 |
) |
8,440 | (9,794 | ) | 272 | 1,881 | | (295 | ) | 55 | 1,560 | 808 |
See accompanying notes to financial statements.
F-17
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
Allspring Funds Trust |
||||||||||||||||||||||||
Allspring Disciplined U.S. Core Fund Class A |
Allspring Special Large Cap Value Fund Class A |
Allspring Treasury Plus Money Market Fund Class A |
||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||
Increase (decrease) in net assets | ||||||||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (expense) | $ | $ | $ | $ | $31 | $173 | ||||||||||||||||||
Net realized gain (loss) on investments | | | | | | | ||||||||||||||||||
Change in unrealized appreciation (depreciation) on investments | | | | | | | ||||||||||||||||||
Capital gain distributions | | | | | | | ||||||||||||||||||
Increase (decrease) in net assets from operations | | | | | 31 | 173 | ||||||||||||||||||
From capital transactions (note 4): | ||||||||||||||||||||||||
Transfers for contract benefits and terminations | | | | | (84,615 | ) | (6,092 | ) | ||||||||||||||||
Administrative expenses | | | | | | (628 | ) | |||||||||||||||||
Transfers between subaccounts (including fixed account), net | | | | | 7,059 | 84,072 | ||||||||||||||||||
Increase (decrease) in net assets from capital transactions | | | | | (77,556 | ) | 77,352 | |||||||||||||||||
Increase (decrease) in net assets | | | | | (77,525 | ) | 77,525 | |||||||||||||||||
Net assets at beginning of year | | | | | 77,525 | | ||||||||||||||||||
Net assets at end of year | $ | $ | $ | $ | $ | $77,525 | ||||||||||||||||||
Change in units (note 5): | ||||||||||||||||||||||||
Units purchased | | | | | 782 | 9,588 | ||||||||||||||||||
Units redeemed | | | | | (9,602 | ) | (768 | ) | ||||||||||||||||
Net increase (decrease) in units from capital transactions with contract owners | | | | | (8,820 | ) | 8,820 |
See accompanying notes to financial statements.
F-18
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
American Century Capital Portfolios, Inc. |
American Century Government Income Trust |
BlackRock Global Allocation Fund, Inc. |
BlackRock Large Cap Focus Value Fund, Inc. |
Calamos Investment Trust | ||||||||||||||||||||||||||||||||||
American Century Equity Income Fund A Class |
American Century Inflation-Adjusted Bond Fund A Class |
BlackRock Global Allocation Fund Investor A |
BlackRock Large Cap Focus Value Fund, Inc. Investor A |
Calamos Growth Fund Class A |
||||||||||||||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||||||||||||
$ | $ | $3,881 | $9,182 | $(718 | ) | $(3,195 | ) | $330 | $353 | $(635 | ) | $(883 | ) | |||||||||||||||||||||||||
| | (9,062 | ) | (1,606 | ) | (1,743 | ) | (1,204 | ) | (259 | ) | (393 | ) | (1,273 | ) | (2,490 | ) | |||||||||||||||||||||
| | 7,254 | (30,350 | ) | 21,789 | (48,050 | ) | 5,328 | (4,405 | ) | 17,624 | (19,598 | ) | |||||||||||||||||||||||||
| | | | | 10,934 | 1,369 | 4,698 | 595 | | |||||||||||||||||||||||||||||
| | 2,073 | (22,774 | ) | 19,328 | (41,515 | ) | 6,768 | 253 | 16,311 | (22,971 | ) | ||||||||||||||||||||||||||
| | (16,511 | ) | (14,571 | ) | (5,535 | ) | (5,747 | ) | (4,830 | ) | (2,017 | ) | (2,177 | ) | (5,038 | ) | |||||||||||||||||||||
| | (4,160 | ) | (3,203 | ) | (4,083 | ) | (4,006 | ) | (1,109 | ) | (504 | ) | (834 | ) | (1,158 | ) | |||||||||||||||||||||
| | (38,338 | ) | 137,525 | 2,982 | (5,843 | ) | 3,411 | 50,698 | (59,190 | ) | 25,956 | ||||||||||||||||||||||||||
| | (59,009 | ) | 119,751 | (6,636 | ) | (15,596 | ) | (2,528 | ) | 48,177 | (62,201 | ) | 19,760 | ||||||||||||||||||||||||
| | (56,936 | ) | 96,977 | 12,692 | (57,111 | ) | 4,240 | 48,430 | (45,890 | ) | (3,211 | ) | |||||||||||||||||||||||||
| | 203,946 | 106,969 | 188,269 | 245,380 | 48,430 | | 59,852 | 63,063 | |||||||||||||||||||||||||||||
$ | $ | $147,010 | $203,946 | $200,961 | $188,269 | $52,670 | $48,430 | $13,962 | $59,852 | |||||||||||||||||||||||||||||
| | 2,158 | 13,981 | 728 | 825 | 432 | 2,583 | 89 | 1,642 | |||||||||||||||||||||||||||||
| | (7,466 | ) | (3,875 | ) | (1,195 | ) | (1,880 | ) | (537 | ) | (325 | ) | (2,738 | ) | (655 | ) | |||||||||||||||||||||
|
|
| (5,308 | ) | 10,106 | (467 | ) | (1,055 | ) | (105 | ) | 2,258 | (2,649 | ) | 987 |
See accompanying notes to financial statements.
F-19
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
Cohen & Steers Global Realty Shares, Inc. |
Columbia Acorn Trust | |||||||||||||||||||||||
Cohen & Steers Global Realty Shares, Inc. Class A |
Columbia Acorn Fund Class A |
Columbia Acorn International SelectSM Class A |
||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||
Increase (decrease) in net assets | ||||||||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (expense) | $316 | $ | $(1,078 | ) | $(1,438 | ) | $ | $(2,227 | ) | |||||||||||||||
Net realized gain (loss) on investments | (289 | ) | | (7,776 | ) | (36,903 | ) | | (108,004 | ) | ||||||||||||||
Change in unrealized appreciation (depreciation) on investments | 1,142 | | 21,359 | (13,541 | ) | | (5,864 | ) | ||||||||||||||||
Capital gain distributions | | | | 7,152 | | 9,308 | ||||||||||||||||||
Increase (decrease) in net assets from operations | 1,169 | | 12,505 | (44,730 | ) | | (106,787 | ) | ||||||||||||||||
From capital transactions (note 4): | ||||||||||||||||||||||||
Transfers for contract benefits and terminations | (2,199 | ) | | (725 | ) | (3,368 | ) | | (16,673 | ) | ||||||||||||||
Administrative expenses | (493 | ) | | (1,258 | ) | (1,606 | ) | | (2,755 | ) | ||||||||||||||
Transfers between subaccounts (including fixed account), net | 51,646 | | (2,076 | ) | (17,624 | ) | | (199,755 | ) | |||||||||||||||
Increase (decrease) in net assets from capital transactions | 48,954 | | (4,059 | ) | (22,598 | ) | | (219,183 | ) | |||||||||||||||
Increase (decrease) in net assets | 50,123 | | 8,446 | (67,328 | ) | | (325,970 | ) | ||||||||||||||||
Net assets at beginning of year | | | 62,097 | 129,425 | | 325,970 | ||||||||||||||||||
Net assets at end of year | $50,123 | $ | $70,543 | $62,097 | $ | $ | ||||||||||||||||||
Change in units (note 5): | ||||||||||||||||||||||||
Units purchased | 3,980 | | 443 | 1,476 | | 6,975 | ||||||||||||||||||
Units redeemed | (424 | ) | | (608 | ) | (2,607 | ) | | (33,047 | ) | ||||||||||||||
Net increase (decrease) in units from capital transactions with contract owners | 3,556 | | (165 | ) | (1,131 | ) | | (26,072 | ) |
See accompanying notes to financial statements.
F-20
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
Columbia Funds Series Trust | Davis New York Venture Fund, Inc. |
Eaton Vance Mutual Funds Trust |
Eaton Vance Special Investment Trust |
|||||||||||||||||||||||||||||||||||
Columbia Large Cap Growth Opportunity Fund Class A |
Columbia Select Mid Cap Value Fund Class A |
Davis New York Venture Fund Class A |
Eaton Vance Floating-Rate Fund Class A |
Eaton Vance Large-Cap Value Fund Class A |
||||||||||||||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||||||||||||
$(1,150 | ) | $(989 | ) | $(37 | ) | $(57 | ) | $(68 | ) | $(18 | ) | $5,634 | $2,292 | $(153 | ) | $(141 | ) | |||||||||||||||||||||
(6,090 | ) | (5,490 | ) | 136 | 266 | (454 | ) | (360 | ) | (330 | ) | (819 | ) | 6,064 | 2,290 | |||||||||||||||||||||||
29,083 | (18,066 | ) | 320 | (1,078 | ) | 2,225 | (2,294 | ) | 2,652 | (2,748 | ) | (3,287 | ) | (3,276 | ) | |||||||||||||||||||||||
| 6,438 | 22 | 252 | 661 | 515 | | | | 1,454 | |||||||||||||||||||||||||||||
21,843 | (18,107 | ) | 441 | (617 | ) | 2,364 | (2,157 | ) | 7,956 | (1,275 | ) | 2,624 | 327 | |||||||||||||||||||||||||
(5,823 | ) | (6,619 | ) | (363 | ) | (362 | ) | (725 | ) | (726 | ) | (10,105 | ) | (7,659 | ) | (1,778 | ) | (3,615 | ) | |||||||||||||||||||
(1,681 | ) | (1,417 | ) | (92 | ) | (94 | ) | (184 | ) | (188 | ) | (1,908 | ) | (1,383 | ) | (583 | ) | (789 | ) | |||||||||||||||||||
(60,029 | ) | 76,085 | 194 | (631 | ) | (1,112 | ) | (191 | ) | (324 | ) | 44,222 | (48,713 | ) | 22,396 | |||||||||||||||||||||||
(67,533 | ) | 68,049 | (261 | ) | (1,087 | ) | (2,021 | ) | (1,105 | ) | (12,337 | ) | 35,180 | (51,074 | ) | 17,992 | ||||||||||||||||||||||
(45,690 | ) | 49,942 | 180 | (1,704 | ) | 343 | (3,262 | ) | (4,381 | ) | 33,905 | (48,450 | ) | 18,319 | ||||||||||||||||||||||||
95,455 | 45,513 | 4,595 | 6,299 | 9,218 | 12,480 | 83,434 | 49,529 | 48,450 | 30,131 | |||||||||||||||||||||||||||||
$49,765 | $95,455 | $4,775 | $4,595 | $9,561 | $9,218 | $79,053 | $83,434 | $ | $48,450 | |||||||||||||||||||||||||||||
241 | 4,463 | 31 | 17 | 33 | 51 | 620 | 4,827 | 228 | 1,696 | |||||||||||||||||||||||||||||
(3,398 | ) | (920 | ) | (39 | ) | (62 | ) | (128 | ) | (100 | ) | (1,500 | ) | (2,112 | ) | (2,623 | ) | (727 | ) | |||||||||||||||||||
|
(3,157 |
) |
3,543 | (8 | ) | (45 | ) | (95 | ) | (49 | ) | (880 | ) | 2,715 | (2,395 | ) | 969 |
See accompanying notes to financial statements.
F-21
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
Federated Hermes Equity Funds |
Fidelity Advisor Series I | |||||||||||||||||||||||
Federated Hermes Kaufmann Fund Class A |
Fidelity Advisor® Balanced Fund Class A |
Fidelity Advisor® Equity Growth Fund Class A |
||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||
Increase (decrease) in net assets | ||||||||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (expense) | $(213 | ) | $(219 | ) | $5 | $(26 | ) | $(846 | ) | $(546 | ) | |||||||||||||
Net realized gain (loss) on investments | (293 | ) | (383 | ) | 263 | 239 | 653 | (261 | ) | |||||||||||||||
Change in unrealized appreciation (depreciation) on investments | 1,880 | (4,685 | ) | 731 | (1,795 | ) | 15,269 | (9,168 | ) | |||||||||||||||
Capital gain distributions | 258 | | 4 | 223 | 377 | 1,050 | ||||||||||||||||||
Increase (decrease) in net assets from operations | 1,632 | (5,287 | ) | 1,003 | (1,359 | ) | 15,453 | (8,925 | ) | |||||||||||||||
From capital transactions (note 4): | ||||||||||||||||||||||||
Transfers for contract benefits and terminations | | | (296 | ) | (360 | ) | (4,560 | ) | (3,613 | ) | ||||||||||||||
Administrative expenses | (240 | ) | (228 | ) | (128 | ) | (127 | ) | (1,267 | ) | (779 | ) | ||||||||||||
Transfers between subaccounts (including fixed account), net | 133 | 1,348 | (374 | ) | 260 | 10,087 | 31,137 | |||||||||||||||||
Increase (decrease) in net assets from capital transactions | (107 | ) | 1,120 | (798 | ) | (227 | ) | 4,260 | 26,745 | |||||||||||||||
Increase (decrease) in net assets | 1,525 | (4,167 | ) | 205 | (1,586 | ) | 19,713 | 17,820 | ||||||||||||||||
Net assets at beginning of year | 12,203 | 16,370 | 5,413 | 6,999 | 47,544 | 29,724 | ||||||||||||||||||
Net assets at end of year | $13,728 | $12,203 | $5,618 | $5,413 | $67,257 | $47,544 | ||||||||||||||||||
Change in units (note 5): | ||||||||||||||||||||||||
Units purchased | 50 | 114 | 4 | 22 | 528 | 1,121 | ||||||||||||||||||
Units redeemed | (52 | ) | (68 | ) | (38 | ) | (33 | ) | (435 | ) | (310 | ) | ||||||||||||
Net increase (decrease) in units from capital transactions with contract owners | (2 | ) | 46 | (34 | ) | (11 | ) | 93 | 811 |
See accompanying notes to financial statements.
F-22
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
Fidelity Advisor Series I (continued) |
Fidelity Advisor Series II | Fidelity Contrafund | Franklin Fund Allocator Series |
Franklin Value Investors Trust |
||||||||||||||||||||||||||||||||||
Fidelity Advisor® Leveraged Company Stock Fund Class A |
Fidelity Advisor® Mid Cap II Fund Class A |
Fidelity Advisor® New Insights Fund Class A |
Franklin Global Allocation Fund Class A |
Franklin Small Cap Value Fund Class A |
||||||||||||||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||||||||||||
$ | $(135 | ) | $ | $ | $(1,494 | ) | $(559 | ) | $484 | $8,443 | $96 | $ | ||||||||||||||||||||||||||
| 688 | | | (78 | ) | (5,333 | ) | 4,309 | 4,882 | (158 | ) | | ||||||||||||||||||||||||||
| (3,376 | ) | | | 14,718 | (14,713 | ) | 28,242 | (63,071 | ) | 269 | | ||||||||||||||||||||||||||
| | | | 12,571 | 3,585 | | | 1,799 | | |||||||||||||||||||||||||||||
| (2,823 | ) | | | 25,717 | (17,020 | ) | 33,035 | (49,746 | ) | 2,006 | | ||||||||||||||||||||||||||
| (581 | ) | | | (11,593 | ) | (2,328 | ) | (15,744 | ) | (16,652 | ) | (2,199 | ) | | |||||||||||||||||||||||
| (128 | ) | | | (2,904 | ) | (752 | ) | (7,760 | ) | (7,707 | ) | (494 | ) | | |||||||||||||||||||||||
| (26,808 | ) | | | 234,656 | (18,605 | ) | (4,212 | ) | 1,372 | 50,664 | | ||||||||||||||||||||||||||
| (27,517 | ) | | | 220,159 | (21,685 | ) | (27,716 | ) | (22,987 | ) | 47,971 | | |||||||||||||||||||||||||
| (30,340 | ) | | | 245,876 | (38,705 | ) | 5,319 | (72,733 | ) | 49,977 | | ||||||||||||||||||||||||||
| 30,340 | | | 25,067 | 63,772 | 311,954 | 384,687 | | | |||||||||||||||||||||||||||||
$ | $ | $ | $ | $270,943 | $25,067 | $317,273 | $311,954 | $49,977 | $ | |||||||||||||||||||||||||||||
| 38 | | | 8,217 | 298 | 356 | 597 | 2,208 | | |||||||||||||||||||||||||||||
| (1,320 | ) | | | (1,043 | ) | (1,124 | ) | (2,282 | ) | (2,197 | ) | (245 | ) | | |||||||||||||||||||||||
|
|
(1,282 | ) | | | 7,174 | (826 | ) | (1,926 | ) | (1,600 | ) | 1,963 | |
See accompanying notes to financial statements.
F-23
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
JPMorgan Trust II |
Janus Investment Fund | |||||||||||||||||||||||
JPMorgan Core Bond Fund Class A |
JPMorgan Investor Growth & Income Fund Class A |
Janus Henderson Forty Fund Class A |
||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||
Increase (decrease) in net assets | ||||||||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (expense) | $3,557 | $2,733 | $ | $ | $(837 | ) | $(334 | ) | ||||||||||||||||
Net realized gain (loss) on investments | (33,780 | ) | (15,328 | ) | | | 1,876 | 126 | ||||||||||||||||
Change in unrealized appreciation (depreciation) on investments | 37,988 | (45,015 | ) | | | 10,656 | (2,353 | ) | ||||||||||||||||
Capital gain distributions | | 19 | | | 5,287 | 28 | ||||||||||||||||||
Increase (decrease) in net assets from operations | 7,765 | (57,591 | ) | | | 16,982 | (2,533 | ) | ||||||||||||||||
From capital transactions (note 4): | ||||||||||||||||||||||||
Transfers for contract benefits and terminations | (21,286 | ) | (41,902 | ) | | | (4,572 | ) | (2,002 | ) | ||||||||||||||
Administrative expenses | (5,407 | ) | (7,633 | ) | | | (1,267 | ) | (501 | ) | ||||||||||||||
Transfers between subaccounts (including fixed account), net | (194,958 | ) | 5,269 | | | 8,565 | 52,618 | |||||||||||||||||
Increase (decrease) in net assets from capital transactions | (221,651 | ) | (44,266 | ) | | | 2,726 | 50,115 | ||||||||||||||||
Increase (decrease) in net assets | (213,886 | ) | (101,857 | ) | | | 19,708 | 47,582 | ||||||||||||||||
Net assets at beginning of year | 325,210 | 427,067 | | | 47,582 | | ||||||||||||||||||
Net assets at end of year | $111,324 | $325,210 | $ | $ | $67,290 | $47,582 | ||||||||||||||||||
Change in units (note 5): | ||||||||||||||||||||||||
Units purchased | 2,751 | 6,913 | | | 615 | 2,224 | ||||||||||||||||||
Units redeemed | (21,075 | ) | (10,459 | ) | | | (559 | ) | (285 | ) | ||||||||||||||
Net increase (decrease) in units from capital transactions with contract owners | (18,324 | ) | (3,546 | ) | | | 56 | 1,939 |
See accompanying notes to financial statements.
F-24
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
Legg Mason Global Asset Management Trust |
Legg Mason Partners Variable Equity Trust |
Lord Abbett Affiliated Fund, Inc. |
Lord Abbett Bond Debenture Fund, Inc. |
Lord Abbett Mid Cap Stock Fund, Inc. |
||||||||||||||||||||||||||||||||||
ClearBridge Value Trust Class FI |
ClearBridge Aggressive Growth Fund Class FI |
Lord Abbett Affiliated Fund Class A |
Lord Abbett Bond Debenture Fund Class A |
Lord Abbett Mid Cap Stock Fund Class A |
||||||||||||||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||||||||||||
$ | $ | $ | $(326 | ) | $ | $7 | $1,403 | $573 | $ | $ | ||||||||||||||||||||||||||||
| | | (20,140 | ) | | 3,430 | (272 | ) | (6,368 | ) | | | ||||||||||||||||||||||||||
| | | 10,454 | | (7,433 | ) | 1,281 | 718 | | | ||||||||||||||||||||||||||||
| | | | | | | | | | |||||||||||||||||||||||||||||
| | | (10,012 | ) | | (3,996 | ) | 2,412 | (5,077 | ) | | | ||||||||||||||||||||||||||
| | | (2,650 | ) | | (1,593 | ) | (7,092 | ) | (2,124 | ) | | | |||||||||||||||||||||||||
| | | (424 | ) | | (280 | ) | (826 | ) | (420 | ) | | | |||||||||||||||||||||||||
| | | (33,428 | ) | | (24,246 | ) | 85,027 | (35,955 | ) | | | ||||||||||||||||||||||||||
| | | (36,502 | ) | | (26,119 | ) | 77,109 | (38,499 | ) | | | ||||||||||||||||||||||||||
| | | (46,514 | ) | | (30,115 | ) | 79,521 | (43,576 | ) | | | ||||||||||||||||||||||||||
| | | 46,514 | | 30,115 | | 43,576 | | | |||||||||||||||||||||||||||||
$ | $ | $ | $ | $ | $ | $79,521 | $ | $ | $ | |||||||||||||||||||||||||||||
| | | 272 | | 62 | 5,281 | 107 | | | |||||||||||||||||||||||||||||
| | | (1,976 | ) | | (1,391 | ) | (634 | ) | (2,407 | ) | | | |||||||||||||||||||||||||
|
|
| | (1,704 | ) | | (1,329 | ) | 4,647 | (2,300 | ) | | |
See accompanying notes to financial statements.
F-25
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
PIMCO Funds |
||||||||||||||||||||||||
PIMCO High Yield Fund Class A |
PIMCO Long-Term U.S. Government Fund Class A |
PIMCO Low Duration Fund Class A |
||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||
Increase (decrease) in net assets | ||||||||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (expense) | $3,257 | $3,656 | $1,588 | $602 | $3,590 | $192 | ||||||||||||||||||
Net realized gain (loss) on investments | (2,793 | ) | (7,641 | ) | (3,322 | ) | (115,204 | ) | (2,559 | ) | (10,232 | ) | ||||||||||||
Change in unrealized appreciation (depreciation) on investments | 7,604 | (15,542 | ) | (1,582 | ) | 42,361 | 4,056 | (8,699 | ) | |||||||||||||||
Capital gain distributions | | 1,587 | | | | | ||||||||||||||||||
Increase (decrease) in net assets from operations | 8,068 | (17,940 | ) | (3,316 | ) | (72,241 | ) | 5,087 | (18,739 | ) | ||||||||||||||
From capital transactions (note 4): | ||||||||||||||||||||||||
Transfers for contract benefits and terminations | (10,073 | ) | (12,999 | ) | (22,586 | ) | (18,306 | ) | (14,173 | ) | (21,353 | ) | ||||||||||||
Administrative expenses | (1,905 | ) | (2,429 | ) | (2,561 | ) | (3,775 | ) | (3,635 | ) | (4,951 | ) | ||||||||||||
Transfers between subaccounts (including fixed account), net | 1,235 | (42,358 | ) | 278,298 | (287,157 | ) | 6,245 | (121,151 | ) | |||||||||||||||
Increase (decrease) in net assets from capital transactions | (10,743 | ) | (57,786 | ) | 253,151 | (309,238 | ) | (11,563 | ) | (147,455 | ) | |||||||||||||
Increase (decrease) in net assets | (2,675 | ) | (75,726 | ) | 249,835 | (381,479 | ) | (6,476 | ) | (166,194 | ) | |||||||||||||
Net assets at beginning of year | 82,347 | 158,073 | | 381,479 | 156,327 | 322,521 | ||||||||||||||||||
Net assets at end of year | $79,672 | $82,347 | $249,835 | $ | $149,851 | $156,327 | ||||||||||||||||||
Change in units (note 5): | ||||||||||||||||||||||||
Units purchased | 385 | 405 | 21,633 | 2,782 | 1,620 | 1,781 | ||||||||||||||||||
Units redeemed | (1,035 | ) | (3,920 | ) | (2,986 | ) | (22,920 | ) | (2,736 | ) | (15,809 | ) | ||||||||||||
Net increase (decrease) in units from capital transactions with contract owners | (650 | ) | (3,515 | ) | 18,647 | (20,138 | ) | (1,116 | ) | (14,028 | ) |
See accompanying notes to financial statements.
F-26
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
PIMCO Funds (continued) | Prudential Investment Portfolios 18 |
Prudential Jennison Natural Resources Fund, Inc. |
Putnam Investment Funds | T. Rowe Price Capital Appreciation Fund |
||||||||||||||||||||||||||||||||||
PIMCO Total Return Fund Class A |
PGIM Jennison Focused Growth Fund Class A |
PGIM Jennison Natural Resources Fund, Inc. Class A |
Putnam International Capital Opportunities Fund Class A |
T. Rowe Price Capital Appreciation Fund Advisor Class |
||||||||||||||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||||||||||||
$7,762 | $9,457 | $(215 | ) | $(428 | ) | $ | $ | $(524 | ) | $(313 | ) | $11 | $(27 | ) | ||||||||||||||||||||||||
(20,657 | ) | (15,213 | ) | (909 | ) | (11,088 | ) | | | 773 | (226 | ) | 31 | 143 | ||||||||||||||||||||||||
27,705 | (57,331 | ) | 6,399 | (5,723 | ) | | | 5,766 | (3,914 | ) | 561 | (1,233 | ) | |||||||||||||||||||||||||
| | | | | | 399 | | 95 | 333 | |||||||||||||||||||||||||||||
14,810 | (63,087 | ) | 5,275 | (17,239 | ) | | | 6,414 | (4,453 | ) | 698 | (784 | ) | |||||||||||||||||||||||||
(38,213 | ) | (36,783 | ) | | (1,353 | ) | | | (3,990 | ) | (3,540 | ) | (363 | ) | (361 | ) | ||||||||||||||||||||||
(8,871 | ) | (7,736 | ) | (244 | ) | (499 | ) | | | (1,081 | ) | (781 | ) | (92 | ) | (94 | ) | |||||||||||||||||||||
(48,683 | ) | 177,071 | (3,123 | ) | (14,856 | ) | | | 13 | 27,442 | (28 | ) | (457 | ) | ||||||||||||||||||||||||
(95,767 | ) | 132,552 | (3,367 | ) | (16,708 | ) | | | (5,058 | ) | 23,121 | (483 | ) | (912 | ) | |||||||||||||||||||||||
(80,957 | ) | 69,465 | 1,908 | (33,947 | ) | | | 1,356 | 18,668 | 215 | (1,696 | ) | ||||||||||||||||||||||||||
421,013 | 351,548 | 11,813 | 45,760 | | | 48,988 | 30,320 | 4,577 | 6,273 | |||||||||||||||||||||||||||||
$340,056 | $421,013 | $13,721 | $11,813 | $ | $ | $50,344 | $48,988 | $4,792 | $4,577 | |||||||||||||||||||||||||||||
3,810 | 19,917 | 71 | 1,907 | | | 502 | 3,317 | 8 | 6 | |||||||||||||||||||||||||||||
(11,562 | ) | (9,732 | ) | (534 | ) | (4,505 | ) | | | (896 | ) | (1,219 | ) | (25 | ) | (37 | ) | |||||||||||||||||||||
|
(7,752 |
) |
10,185 | (463 | ) | (2,598 | ) | | | (394 | ) | 2,098 | (17 | ) | (31 | ) |
See accompanying notes to financial statements.
F-27
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
T. Rowe Price Equity Income Fund |
T. Rowe Price Growth Stock Fund, Inc. |
The AB Portfolios | ||||||||||||||||||||||
T. Rowe Price Equity Income Fund Advisor Class |
T. Rowe Price Growth Stock Fund Advisor Class |
AB All Market Total Return Portfolio Class A |
||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||
Increase (decrease) in net assets | ||||||||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (expense) | $283 | $201 | $ | $(343 | ) | $218 | $835 | |||||||||||||||||
Net realized gain (loss) on investments | 35 | 1,741 | | (13,001 | ) | (141 | ) | 83 | ||||||||||||||||
Change in unrealized appreciation (depreciation) on investments | 2,067 | (7,077 | ) | | (2,440 | ) | 7,307 | (17,245 | ) | |||||||||||||||
Capital gain distributions | 3,483 | 2,968 | | | | | ||||||||||||||||||
Increase (decrease) in net assets from operations | 5,868 | (2,167 | ) | | (15,784 | ) | 7,384 | (16,327 | ) | |||||||||||||||
From capital transactions (note 4): | ||||||||||||||||||||||||
Transfers for contract benefits and terminations | (6,835 | ) | (5,131 | ) | | (2,157 | ) | (3,432 | ) | (1,568 | ) | |||||||||||||
Administrative expenses | (1,818 | ) | (1,229 | ) | | (395 | ) | (1,940 | ) | (1,389 | ) | |||||||||||||
Transfers between subaccounts (including fixed account), net | 21,300 | 48,276 | | (41,441 | ) | 50,798 | 5,976 | |||||||||||||||||
Increase (decrease) in net assets from capital transactions | 12,647 | 41,916 | | (43,993 | ) | 45,426 | 3,019 | |||||||||||||||||
Increase (decrease) in net assets | 18,515 | 39,749 | | (59,777 | ) | 52,810 | (13,308 | ) | ||||||||||||||||
Net assets at beginning of year | 69,790 | 30,041 | | 59,777 | 62,973 | 76,281 | ||||||||||||||||||
Net assets at end of year | $88,305 | $69,790 | $ | $ | $115,783 | $62,973 | ||||||||||||||||||
Change in units (note 5): | ||||||||||||||||||||||||
Units purchased | 1,161 | 2,693 | | 297 | 4,004 | 509 | ||||||||||||||||||
Units redeemed | (618 | ) | (830 | ) | | (1,626 | ) | (621 | ) | (308 | ) | |||||||||||||
Net increase (decrease) in units from capital transactions with contract owners | 543 | 1,863 | | (1,329 | ) | 3,383 | 201 |
See accompanying notes to financial statements.
F-28
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
The AB Portfolios (continued) |
The Advisors Inner Circle Fund III |
Thornburg Investment Trust | Virtus Investment Trust | |||||||||||||||||||||||||||||||||||
AB Wealth Appreciation Strategy Class A |
First Foundation Total Return Fund Class A |
Thornburg International Equity Fund Class A |
Thornburg Small/Mid Cap Growth Fund Class A |
Virtus NFJ International Value Fund Class A |
||||||||||||||||||||||||||||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||||||||||||||||||||||||
$206 | $ | $2,872 | $1,473 | $ | $ | $ | $(210 | ) | $(4 | ) | $16 | |||||||||||||||||||||||||||
(93 | ) | | 350 | 118 | | (1 | ) | | (21,080 | ) | 159 | 135 | ||||||||||||||||||||||||||
1,044 | | 3,655 | (6,459 | ) | | | | 11,586 | 773 | (2,521 | ) | |||||||||||||||||||||||||||
586 | | 3,680 | 5,110 | | | | | | | |||||||||||||||||||||||||||||
1,743 | | 10,557 | 242 | | (1 | ) | | (9,704 | ) | 928 | (2,370 | ) | ||||||||||||||||||||||||||
(2,213 | ) | | (417 | ) | (588 | ) | | | | (1,608 | ) | (725 | ) | (724 | ) | |||||||||||||||||||||||
(495 | ) | | (1,572 | ) | (1,522 | ) | | | | (276 | ) | (184 | ) | (189 | ) | |||||||||||||||||||||||
50,738 | | (4,557 | ) | (9,798 | ) | | 1 | | (18,604 | ) | 440 | (172 | ) | |||||||||||||||||||||||||
48,030 | | (6,546 | ) | (11,908 | ) | | 1 | | (20,488 | ) | (469 | ) | (1,085 | ) | ||||||||||||||||||||||||
49,773 | | 4,011 | (11,666 | ) | | | | (30,192 | ) | 459 | (3,455 | ) | ||||||||||||||||||||||||||
| | 69,572 | 81,238 | | | | 30,192 | 9,132 | 12,587 | |||||||||||||||||||||||||||||
$49,773 | $ | $73,583 | $69,572 | $ | $ | $ | $ | $9,591 | $9,132 | |||||||||||||||||||||||||||||
3,009 | | 241 | 41 | | | | 360 | 216 | 271 | |||||||||||||||||||||||||||||
(200 | ) | | (579 | ) | (743 | ) | | | | (1,448 | ) | (256 | ) | (388 | ) | |||||||||||||||||||||||
|
2,809 |
| (338 | ) | (702 | ) | | | | (1,088 | ) | (40 | ) | (117 | ) |
See accompanying notes to financial statements.
F-29
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Statements of Changes in Net Assets Continued
Virtus Investment Trust (continued) |
||||||||
Virtus NFJ Large-Cap Value Fund Class A |
||||||||
Year ended December 31, 2023 |
Year ended December 31, 2022 |
|||||||
Increase (decrease) in net assets | ||||||||
From operations: | ||||||||
Net investment income (expense) | $ | $(1,043 | ) | |||||
Net realized gain (loss) on investments | | 20,639 | ||||||
Change in unrealized appreciation (depreciation) on investments | | (49,798 | ) | |||||
Capital gain distributions | | | ||||||
Increase (decrease) in net assets from operations | | (30,202 | ) | |||||
From capital transactions (note 4): | ||||||||
Transfers for contract benefits and terminations | | (17,496 | ) | |||||
Administrative expenses | | (2,539 | ) | |||||
Transfers between subaccounts (including fixed account), net | | (241,731 | ) | |||||
Increase (decrease) in net assets from capital transactions | | (261,766 | ) | |||||
Increase (decrease) in net assets | | (291,968 | ) | |||||
Net assets at beginning of year | | 291,968 | ||||||
Net assets at end of year | $ | $ | ||||||
Change in units (note 5): | ||||||||
Units purchased | | 341 | ||||||
Units redeemed | | (14,256 | ) | |||||
Net increase (decrease) in units from capital transactions with contract owners | | (13,915 | ) |
See accompanying notes to financial statements.
F-30
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
December 31, 2023
(1) | Description of Entity |
Genworth Life of New York VA Separate Account 2 (the Separate Account) is a separate investment account established on January 17, 2008, by Genworth Life Insurance Company of New York (GLICNY), pursuant to the laws of the State of New York. GLICNY is a stock life insurance company incorporated under the laws of New York on February 23, 1988. GLICNY is owned 65.5% by Genworth Life Insurance Company (GLIC) and 34.5% by Genworth Life and Annuity Insurance Company (GLAIC). GLAIC is a direct, wholly-owned subsidiary of GLIC, and GLIC is a direct, wholly-owned subsidiary of Genworth North America Corporations (GNA), which is indirectly wholly-owned by Genworth Financial, Inc. (Genworth).
GLICNYs principal products are long-term care insurance (LTC), fixed deferred and immediate annuities, and life insurance. LTC products are intended to protect against the significant and escalating costs of LTC services provided in the insureds home or assisted living or nursing facilities. Effective January 5, 2021, GLICNY suspended sales of its LTC products in New York.
Deferred annuities are intended for contract owners who want to accumulate tax-deferred assets for retirement, desire a tax-efficient source of income and seek to protect against outliving their assets. Immediate annuities provide a fixed amount of income for one of the following: a defined number of years, the annuitants lifetime or the longer of a defined number of years and the annuitants lifetime. Life insurance products provide protection against financial hardship primarily after the death of an insured. On March 7, 2016, Genworth suspended sales of its traditional life insurance and fixed annuity products; however, GLICNY continues to service its existing retained and reinsured blocks of business.
GLICNY also has other products which have not been actively sold since 2011, but it continues to service its existing blocks of business. Those products include variable annuities and variable life insurance. Most of the variable annuities include a guaranteed minimum death benefit. Some of the individual variable annuity products include guaranteed minimum benefit features such as guaranteed minimum withdrawal benefits and certain types of guaranteed annuitization benefits.
The Separate Account has subaccounts that currently invest in series or portfolios (Portfolios) of open-end mutual funds (Funds). Such Portfolios are also available for sale directly to the general public. GLICNY uses the Separate Account to support flexible purchase payment variable deferred annuity contracts issued by GLICNY, as well as other purposes permitted by law.
Currently, there are multiple subaccounts of the Separate Account available under each contract. Each subaccount invests exclusively in shares representing an interest in a separate corresponding Portfolio (a division of a Fund, the assets of which are separate from other Portfolios that may be available in the Fund).
The assets of the Separate Account belong to GLICNY. However, GLICNY does not charge the assets in the Separate Account attributable to the contracts with liabilities arising out of any other business, that GLICNY may conduct. The assets of the Separate Account will, however, be available to cover its liabilities of GLICNYs General Account to the extent that the assets of the Separate Account exceed the liabilities arising under the contracts supported by it. Income and both realized and unrealized gains or losses from the assets of the Separate Account are credited to or charged against the Separate Account without regard to the income, gains or losses arising out of any other business GLICNY may conduct. Guarantees made under the contracts, including any rider options, are based on the claims paying ability of GLICNY to the extent that the amount of the guarantee exceeds the assets available in the Separate Account.
The Separate Account is registered with the U.S. Securities and Exchange Commission (SEC) as a unit investment trust under the Investment Company Act of 1940, as amended. The Separate Account meets the definition of a separate account under the Federal securities laws. Registration with the SEC does not involve supervision of the management or investment practices or policies of the Separate Account by the SEC. Contract owners assume the full investment risk for amounts allocated by contract owners to the Separate Account.
F-31
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
During the years ended December 31, 2023 and 2022, the following Portfolio name was changed:
Prior Portfolio Name |
Current Portfolio Name |
Effective Date | ||
Allspring Funds Trust Allspring Classic Value Fund Class A |
Allspring Funds Trust Allspring Special Large Cap Value Fund Class A |
April 29, 2022 |
All designated Portfolios listed above are series type mutual funds.
(2) | Summary of Significant Accounting Policies |
(a) Basis of Presentation
These financial statements have been prepared on the basis of U.S. generally accepted accounting principles (U.S. GAAP). Preparing financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect amounts and disclosures reported therein. Actual results could differ from those estimates. The Separate Account is an investment company and follows accounting and reporting guidance under Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 946, Financial Services Investment Companies.
(b) Investments
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Separate Account, generally, uses a market approach as the valuation technique due to the nature of the mutual fund investments offered in the Separate Account. This technique maximizes the use of observable inputs and minimizes the use of unobservable inputs. Investments in mutual funds are valued at the mutual funds closing net asset value per share on the day of valuation.
Valuation Inputs: Various inputs are used to determine the value of the mutual funds investments. These inputs are summarized in the three broad levels listed below:
| Level 1 quoted prices in active markets for identical securities; |
| Level 2 observable inputs other than Level 1 quoted prices (including, but not limited to, quoted prices for similar securities, interest rates, prepayment speeds and credit risk); and |
| Level 3 unobservable inputs. |
The investments of the Separate Account are measured at fair value on a recurring basis. All investments are categorized as Level 1 as of December 31, 2023 and there were no transfers between the levels during 2023.
Purchases and redemptions of investments in mutual funds are recorded on the Valuation Day the request for the purchase or redemption is received. A Valuation Day is any day that the New York Stock Exchange is open for regular trading, except for days on which a Portfolio does not value its shares. Income distributions, and gains from realized gain distributions, are recorded on the ex-dividend date. Realized gains and losses on investments are determined on the average cost basis. Units and unit values are disclosed as of the last Valuation Day of the applicable year or period.
(c) Unit Classes
There are several unit classes of subaccounts based on the variable annuity contract through which the subaccounts are available. An indefinite number of units in each unit class is authorized. Each unit class has its own expense structure as noted in note 4(a) below. In January 2011, Genworth announced that its insurance company subsidiaries, including GLICNY,
F-32
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
would discontinue new sales of variable annuity products but would continue to service existing blocks of business. Although the contracts are no longer available for new sales, additional purchase payments may still be accepted under the terms of the contracts.
(d) Federal Income Taxes
The operations of the Separate Account are a part of, and taxed with, the operations of GLICNY. Therefore, the Separate Account is not separately taxed as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended (the Code). Under existing federal income tax laws, investment income and capital gains of the Separate Account are not taxed. Accordingly, the Separate Account paid no federal income taxes and no federal income tax payment was required. GLICNY is taxed as a life insurance company under the Code.
(e) Net Assets
Net assets are currently attributable to contract owners in the accumulation period as no contract owners have begun receiving annuity payments.
(f) Subsequent Events
No material subsequent events have occurred since December 31, 2023 through April 18, 2024, the date the financial statements were available to be issued, that would require adjustment to the financial statements.
(3) | Purchases and Sales of Investments |
The aggregate cost of investments acquired, and the aggregate proceeds of investments sold, for the year ended December 31, 2023 were:
Fund/Portfolio |
Cost of Shares Acquired |
Proceeds from Shares Sold |
||||||
AB Cap Fund, Inc. |
||||||||
AB Small Cap Growth Portfolio Class A |
$ | | $ | | ||||
AB Trust |
||||||||
AB International Value Fund Class A |
2,509 | 59,423 | ||||||
AIM Counselor Series Trust (Invesco Counselor Series Trust) |
||||||||
Invesco Capital Appreciation Fund Class A |
55,460 | 22,321 | ||||||
AIM Equity Funds (Invesco Equity Funds) |
||||||||
Invesco Charter Fund Class A |
6,458 | 233,272 | ||||||
Invesco Main Street Fund® Class A |
5,919 | 289,085 | ||||||
AIM Growth Series (Invesco Growth Series) |
||||||||
Invesco Main Street Mid Cap Fund® Class A |
53,136 | 4,378 | ||||||
AIM International Mutual Funds (Invesco International Mutual Funds) |
||||||||
Invesco Global Fund Class A |
3,964 | 8,475 | ||||||
AIM Sector Funds (Invesco Sector Funds) |
||||||||
Invesco Comstock Fund Class A |
59,173 | 9,352 | ||||||
Allspring Funds Trust |
||||||||
Allspring Disciplined U.S. Core Fund Class A |
| | ||||||
Allspring Special Large Cap Value Fund Class A |
| | ||||||
Allspring Treasury Plus Money Market Fund Class A |
7,347 | 84,644 | ||||||
American Century Capital Portfolios, Inc. |
||||||||
American Century Equity Income Fund A Class |
| |
F-33
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
Fund/Portfolio |
Cost of Shares Acquired |
Proceeds from Shares Sold |
||||||
American Century Government Income Trust |
||||||||
American Century Inflation-Adjusted Bond Fund A Class |
$ | 30,696 | $ | 85,833 | ||||
BlackRock Global Allocation Fund, Inc. |
||||||||
BlackRock Global Allocation Fund Investor A |
12,884 | 20,255 | ||||||
BlackRock Large Cap Focus Value Fund, Inc. |
||||||||
BlackRock Large Cap Focus Value Fund, Inc. Investor A |
12,150 | 12,993 | ||||||
Calamos Investment Trust |
||||||||
Calamos Growth Fund Class A |
2,437 | 64,612 | ||||||
Cohen & Steers Global Realty Shares, Inc. |
||||||||
Cohen & Steers Global Realty Shares, Inc. Class A |
55,142 | 5,868 | ||||||
Columbia Acorn Trust |
||||||||
Columbia Acorn Fund Class A |
8,708 | 13,845 | ||||||
Columbia Acorn International SelectSM Class A |
| | ||||||
Columbia Funds Series Trust |
||||||||
Columbia Large Cap Growth Opportunity Fund Class A |
4,713 | 73,308 | ||||||
Columbia Select Mid Cap Value Fund Class A |
741 | 1,016 | ||||||
Davis New York Venture Fund, Inc. |
||||||||
Davis New York Venture Fund Class A |
1,401 | 2,829 | ||||||
Eaton Vance Mutual Funds Trust |
||||||||
Eaton Vance Floating-Rate Fund Class A |
15,290 | 22,426 | ||||||
Eaton Vance Special Investment Trust |
||||||||
Eaton Vance Large-Cap Value Fund Class A |
4,766 | 56,016 | ||||||
Federated Hermes Equity Funds |
||||||||
Federated Hermes Kaufmann Fund Class A |
1,313 | 1,376 | ||||||
Fidelity Advisor Series I |
||||||||
Fidelity Advisor® Balanced Fund Class A |
177 | 966 | ||||||
Fidelity Advisor® Equity Growth Fund Class A |
20,768 | 16,928 | ||||||
Fidelity Advisor® Leveraged Company Stock Fund Class A |
| | ||||||
Fidelity Advisor Series II |
||||||||
Fidelity Advisor® Mid Cap II Fund Class A |
| | ||||||
Fidelity Contrafund |
||||||||
Fidelity Advisor® New Insights Fund Class A |
264,811 | 33,565 | ||||||
Franklin Fund Allocator Series |
||||||||
Franklin Global Allocation Fund Class A |
10,358 | 37,891 | ||||||
Franklin Value Investors Trust |
||||||||
Franklin Small Cap Value Fund Class A |
56,051 | 6,181 | ||||||
JPMorgan Trust II |
||||||||
JPMorgan Core Bond Fund Class A |
40,581 | 258,660 | ||||||
JPMorgan Investor Growth & Income Fund Class A |
| | ||||||
Janus Investment Fund |
||||||||
Janus Henderson Forty Fund Class A |
24,534 | 17,300 | ||||||
Legg Mason Global Asset Management Trust |
||||||||
ClearBridge Value Trust Class FI |
| | ||||||
Legg Mason Partners Variable Equity Trust |
||||||||
ClearBridge Aggressive Growth Fund Class FI |
| | ||||||
Lord Abbett Affiliated Fund, Inc. |
||||||||
Lord Abbett Affiliated Fund Class A |
| |
F-34
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
Fund/Portfolio |
Cost of Shares Acquired |
Proceeds from Shares Sold |
||||||
Lord Abbett Bond Debenture Fund, Inc. |
||||||||
Lord Abbett Bond Debenture Fund Class A |
$ | 88,984 | $ | 10,836 | ||||
Lord Abbett Mid Cap Stock Fund, Inc. |
||||||||
Lord Abbett Mid Cap Stock Fund Class A |
| | ||||||
PIMCO Funds |
||||||||
PIMCO High Yield Fund Class A |
10,923 | 18,404 | ||||||
PIMCO Long-Term U.S. Government Fund Class A |
292,888 | 38,682 | ||||||
PIMCO Low Duration Fund Class A |
22,811 | 30,873 | ||||||
PIMCO Total Return Fund Class A |
61,684 | 149,138 | ||||||
Prudential Investment Portfolios 18 |
||||||||
PGIM Jennison Focused Growth Fund Class A |
440 | 4,022 | ||||||
Prudential Jennison Natural Resources Fund, Inc. |
||||||||
PGIM Jennison Natural Resources Fund, Inc. Class A |
| | ||||||
Putnam Investment Funds |
||||||||
Putnam International Capital Opportunities Fund Class A |
6,669 | 11,909 | ||||||
T. Rowe Price Capital Appreciation Fund |
||||||||
T. Rowe Price Capital Appreciation Fund Advisor Class |
420 | 798 | ||||||
T. Rowe Price Equity Income Fund |
||||||||
T. Rowe Price Equity Income Fund Advisor Class |
31,551 | 15,147 | ||||||
T. Rowe Price Growth Stock Fund, Inc. |
||||||||
T. Rowe Price Growth Stock Fund Advisor Class |
| | ||||||
The AB Portfolios |
||||||||
AB All Market Total Return Portfolio Class A |
55,044 | 9,385 | ||||||
AB Wealth Appreciation Strategy Class A |
52,474 | 3,649 | ||||||
The Advisors Inner Circle Fund III |
||||||||
First Foundation Total Return Fund Class A |
11,971 | 11,659 | ||||||
Thornburg Investment Trust |
||||||||
Thornburg International Equity Fund Class A |
| | ||||||
Thornburg Small/Mid Cap Growth Fund Class A |
| | ||||||
Virtus Investment Trust |
||||||||
Virtus NFJ International Value Fund Class A |
1,769 | 2,242 | ||||||
Virtus NFJ Large-Cap Value Fund Class A |
| |
(4) | Related Party Transactions |
(a) GLICNY
Net purchase payments (premiums) transferred from GLICNY to the Separate Account represent gross premiums recorded by GLICNY on its flexible premium variable deferred annuity contracts, less deductions retained as compensation for premium taxes. GLICNY may deduct charges for premium tax or other tax levied by any governmental entity from purchase payments or assets when the premium tax is incurred or when we pay proceeds under the contract. During the period of January 1, 2022 to December 31, 2023, there were no premiums received.
Charges are assessed under the contracts to cover mortality and expense risks that GLICNY assumes, certain administrative expenses, as well as any additional elective benefits provided under the contract. Contract owners may elect one of two separate classes of contracts available one class that assesses a sales charge upon surrender of the contract within 7 years of receipt of the purchase payment (Class B), the other class which assesses a sales charge upon surrender of
F-35
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
the contract within 4 years of receipt of the purchase payment (Class L). There is also a charge assessed if the contract owner elects a joint annuitant, a living benefit rider option and/or a death benefit rider option.
The mortality and expense risk charge for the contract is lower if the contract owner elects Class B and higher if the contract owner elects Class L. As of December 31, 2023, the mortality and expense risk charge was 1.20% for Class B and 1.50% for Class L. As of December 31, 2023, the administrative expense charge for both classes was 0.15% and the joint annuitant charge for both classes was 0.05%. The administrative expense charge, mortality and expense risk charge and joint annuitant charge are assessed on the contract owners average daily net assets in the Separate Account and, therefore, are assessed through a reduction of unit values.
As of December 31, 2023, the charge for the living benefit rider options upon reset was 1.25% of benefit base and, if the Principal Protection Death Benefit (PPDB) was elected with the living benefit rider option, there is an additional charge that ranged from 0.15% to 0.50% of the value of the PPDB. The charge for the Annual Step-Up Death Benefit Rider (ASDB) as of December 31, 2023 was 0.20%. The charge for the ASDB is assessed as a percentage of contract value at the time the charge is taken. The charges for the living benefit riders, including the PPDB, and the ASDB are assessed through a redemption in units.
Note 6 demonstrates the total charge percentage by unit in a range. The unit class may encompass multiple contracts through a combination of one or more available rider options equal to the total amount assessed on a daily basis. The range of contract charges as of December 31, 2023 was 1.35% to 1.70% as a percentage of contract owners average daily net assets in the Separate Account and reflect a Class B contract with a single annuitant (lowest fee) to a Class L contract with joint annuitants. The charges for the living benefit riders, including the PPDB, and the ASDB rider are not reflected in this range because the charges are not assessed on the contract owners average daily net assets in the Separate Account. In addition to the charges described above, an annual contract maintenance charge of $30.00 is assessed to all contracts. This charge is taken on each contract anniversary and at the time the contract is surrendered. This charge is assessed through a redemption in units. This charge is not assessed if the contract owners contract value is $40,000 or more at the time the charge is due.
(b) Accrued Expenses Payable to Affiliate
Charges and deductions made under the contracts for services and benefits unpaid at year-end are accrued and payable to GLICNY.
(c) Capital Brokerage Corporation
Capital Brokerage Corporation (CBC), an affiliate of GLICNY, is a Washington corporation registered with the SEC under the Securities Exchange Act of 1934 as a broker-dealer and is a member of the Financial Industry Regulatory Authority (FINRA). CBC serves as the distributor and principal underwriter for variable annuity contracts and variable life insurance policies issued by GLICNY. GLICNY pays commissions and other marketing related expenses to CBC. Certain officers and directors of GLICNY are also officers and directors of CBC.
(5) | Capital Transactions |
All dividends and capital gain distributions of the Portfolios are automatically reinvested in shares of the distributing Portfolios at their net asset value on the date of distribution. In other words, Portfolio dividends or Portfolio distributions are not paid to contract owners as additional units, but instead are reflected in unit values.
The increase (decrease) in outstanding units and amounts by subaccount from capital transactions for the years ended December 31, 2023 and 2022 are reflected in the Statements of Changes in Net Assets.
F-36
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
(6) | Financial Highlights |
GLICNYs variable annuity products have unique combinations of features and fees that are assessed to the contract owner. Differences in fee structures result in a variety of contract expense rates, unit values, and total returns. A summary by subaccount of the outstanding units, unit values, net assets, expense ratios, investment income ratios, and total return ratios for the years or lesser periods ended December 31, 2023, 2022, 2021, 2020, and 2019 follows. This information is presented as a range based upon product grouping. Expenses are a percent of average net assets are presented as a range of lowest to highest contract expense rate. The unit value and total return ranges are presented to correlate to the respective expense rate. Accordingly, some individual contract amounts may not be within the ranges presented due to the timing of the introduction of new funds.
Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
AB Cap Fund, Inc. |
||||||||||||||||||||||||
AB Small Cap Growth Portfolio Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 36.83 to 34.84 | | 0.00% | 16.25% to 15.84% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 31.68 to 30.08 | | 0.00% | (39.91)% to (40.13)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 52.73 to 50.24 | | 0.00% | 7.86% to 7.47% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 1,282 | 48.89 to 46.75 | 62 | 0.00% | 51.52% to 50.98% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 32.26 to 30.96 | | 0.00% | 33.94% to 33.46% | ||||||||||||||||||
AB Trust |
||||||||||||||||||||||||
AB International Value Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 7.45 to 7.05 | | 0.00% | 13.34% to 12.94% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 7,591 | 6.57 to 6.24 | 49 | 1.18% | (12.01)% to (12.32)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 7.47 to 7.12 | | 0.00% | 9.27% to 8.88% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 6.84 to 6.54 | | 0.00% | 0.64% to 0.28% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 13,460 | 6.79 to 6.52 | 90 | 1.08% | 14.91% to 14.50% | ||||||||||||||||||
AIM Counselor Series Trust (Invesco Counselor Series Trust) |
||||||||||||||||||||||||
Invesco Capital Appreciation Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 3,426 | 29.60 to 28.01 | 99 | 0.00% | 33.69% to 33.22% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 2,183 | 22.14 to 21.02 | 47 | 0.00% | (32.03)% to (32.27)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 32.57 to 31.04 | | 0.00% | 20.69% to 20.27% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 26.99 to 25.81 | | 0.00% | 34.45% to 33.97% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 5,596 | 20.07 to 19.26 | 111 | 0.00% | 34.23% to 33.75% | ||||||||||||||||||
AIM Equity Funds (Invesco Equity Funds) |
||||||||||||||||||||||||
Invesco Charter Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 24.75 to 23.41 | | 0.00% | 21.38% to 20.95% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 9,609 | 20.39 to 19.36 | 192 | 1.42% | (21.79)% to (22.07)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 1,169 | 26.07 to 24.84 | 30 | 0.32% | 25.68% to 25.23% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 20.74 to 19.83 | | 0.00% | 11.97% to 11.57% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 18.52 to 17.78 | | 0.00% | 27.26% to 26.81% |
F-37
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
Invesco Main Street Fund® Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 30.47 to 28.83 | | 0.00% | 21.41% to 20.98% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 9,794 | 25.10 to 23.83 | 241 | 0.99% | (21.25)% to (21.53)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 9,522 | 31.87 to 30.37 | 298 | 0.53% | 25.88% to 25.43% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 25.32 to 24.21 | | 0.00% | 12.82% to 12.42% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 20,457 | 22.44 to 21.53 | 454 | 0.82% | 30.16% to 29.70% | ||||||||||||||||||
AIM Growth Series (Invesco Growth Series) |
||||||||||||||||||||||||
Invesco Main Street Mid Cap Fund® Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 1,881 | 26.97 to 25.52 | 50 | 0.00% | 12.94% to 12.54% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 23.88 to 22.67 | | 0.00% | (15.50)% to (15.80)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 28.26 to 26.93 | | 0.00% | 21.36% to 20.93% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 3,749 | 23.28 to 22.27 | 86 | 0.00% | 7.66% to 7.28% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 7,538 | 21.63 to 20.76 | 161 | 0.00% | 30.36% to 29.90% | ||||||||||||||||||
AIM International Mutual Funds (Invesco International Mutual Funds) |
||||||||||||||||||||||||
Invesco Global Fund Class A |
||||||||||||||||||||||||
2023 |
1.65% to 1.65% | 882 | 23.82 to 23.82 | 21 | 0.00% | 31.83% to 31.83% | ||||||||||||||||||
2022 |
1.65% to 1.65% | 1,177 | 18.07 to 18.07 | 21 | 0.00% | (33.26)% to (33.26)% | ||||||||||||||||||
2021 |
1.65% to 1.65% | 1,122 | 27.07 to 27.07 | 30 | 0.00% | 13.46% to 13.46% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 4,392 | 24.79 to 23.71 | 107 | 0.00% | 25.90% to 25.45% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 3,672 | 19.69 to 18.90 | 71 | 0.52% | 29.79% to 29.33% | ||||||||||||||||||
AIM Sector Funds (Invesco Sector Funds) |
||||||||||||||||||||||||
Invesco Comstock Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 2,368 | 30.80 to 29.14 | 71 | 1.27% | 10.73% to 10.34% | ||||||||||||||||||
2022 |
1.65% to 1.65% | 808 | 26.61 to 26.61 | 21 | 1.37% | (0.85)% to (0.85)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 27.97 to 26.65 | | 0.00% | 31.52% to 31.05% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 21.26 to 20.33 | | 0.00% | (2.13)% to (2.47)% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 21.73 to 20.85 | | 0.00% | 23.65% to 23.21% | ||||||||||||||||||
Allspring Funds Trust |
||||||||||||||||||||||||
Allspring Disciplined U.S. Core Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 45.23 to 43.12 | | 0.00% | 24.24% to 23.80% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 36.40 to 34.83 | | 0.00% | (19.22% to (19.51)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 45.07 to 43.27 | | 0.00% | 28.66% to 28.21% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 35.03 to 33.75 | | 0.00% | 14.44% to 14.04% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 30.61 to 29.60 | | 0.00% | 26.91% to 26.46% | ||||||||||||||||||
Allspring Special Large Cap Value Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 33.09 to 31.55 | | 0.00% | 12.06% to 11.67% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 29.53 to 28.25 | | 0.00% | (7.85)% to (8.18)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 32.04 to 30.77 | | 0.00% | 22.09% to 21.66% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 26.25 to 25.29 | | 0.00% | (0.30)% to (0.66)% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 26.33 to 25.46 | | 0.00% | 30.60% to 30.14% |
F-38
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
Allspring Treasury Plus Money Market Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 9.13 to 8.70 | | 0.06% | 3.19% to 2.83% | ||||||||||||||||||
2022 |
1.40% to 1.40% | 8,820 | 8.79 to 8.79 | 78 | 0.38% | (0.22)% to (0.22)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 8.86 to 8.50 | | 0.00% | (1.34)% to (1.69)% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 8.98 to 8.65 | | 0.00% | (1.14)% to (1.49)% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 9.08 to 8.78 | | 0.14% | 0.26% to (0.09)% | ||||||||||||||||||
American Century Capital Portfolios, Inc. |
||||||||||||||||||||||||
American Century Equity Income Fund A Class |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 24.36 to 23.05 | | 0.00% | 2.25% to 1.88% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 23.83 to 22.62 | | 0.00% | (4.68)% to (5.02)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 25.00 to 23.82 | | 0.82% | 14.92% to 14.51% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 2,858 | 21.75 to 20.80 | 61 | 1.24% | (0.53)% to (0.89)% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 21.87 to 20.99 | | 0.00% | 22.13% to 21.70% | ||||||||||||||||||
American Century Government Income Trust |
||||||||||||||||||||||||
American Century Inflation-Adjusted Bond Fund A Class |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 13,120 | 11.48 to 10.86 | 147 | 3.66% | 1.43% to 1.07% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 18,428 | 11.32 to 10.74 | 204 | 7.55% | (13.73)% to (14.03)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 8,322 | 13.12 to 12.50 | 107 | 4.05% | 4.69% to 4.32% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 11,383 | 12.53 to 11.98 | 141 | 1.19% | 8.55% to 8.16% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 32,114 | 11.54 to 11.08 | 367 | 2.13% | 6.05% to 5.68% | ||||||||||||||||||
BlackRock Global Allocation Fund, Inc. |
||||||||||||||||||||||||
BlackRock Global Allocation Fund Investor A |
||||||||||||||||||||||||
2023 |
1.35% to 1.65% | 12,986 | 15.98 to 15.24 | 201 | 1.19% | 10.83% to 10.50% | ||||||||||||||||||
2022 |
1.35% to 1.65% | 13,453 | 14.42 to 13.79 | 188 | 0.00% | (17.18)% to (17.43)% | ||||||||||||||||||
2021 |
1.35% to 1.65% | 14,508 | 17.41 to 16.70 | 245 | 0.95% | 5.01% to 4.69% | ||||||||||||||||||
2020 |
1.35% to 1.65% | 15,825 | 16.57 to 15.95 | 256 | 0.46% | 19.16% to 18.80% | ||||||||||||||||||
2019 |
1.35% to 1.65% | 19,103 | 13.91 to 13.43 | 260 | 1.15% | 15.63% to 15.28% | ||||||||||||||||||
BlackRock Large Cap Focus Value Fund, Inc. |
||||||||||||||||||||||||
BlackRock Large Cap Focus Value Fund, Inc. Investor A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 2,153 | 25.06 to 23.71 | 53 | 2.17% | 14.36% to 13.96% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 2,258 | 21.91 to 20.81 | 48 | 1.36% | (6.14)% to (6.47)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 23.35 to 22.25 | | 0.00% | 20.59% to 20.17% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 19.36 to 18.51 | | 0.00% | 1.59% to 1.23% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 19.06 to 18.29 | | 0.00% | 22.19% to 21.76% | ||||||||||||||||||
Calamos Investment Trust |
||||||||||||||||||||||||
Calamos Growth Fund Class A |
||||||||||||||||||||||||
2023 |
1.65% to 1.65% | 562 | 24.76 to 24.76 | 14 | 0.00% | 35.31% to 35.31% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 3,211 | 19.13 to 18.16 | 60 | 0.00% | (34.23)% to (34.47)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 2,224 | 29.09 to 27.72 | 63 | 0.00% | 21.61% to 21.18% | ||||||||||||||||||
2020 |
1.35% to 1.65% | 3,707 | 23.92 to 23.02 | 87 | 0.00% | 31.13% to 30.73% | ||||||||||||||||||
2019 |
1.35% to 1.65% | 4,373 | 18.24 to 17.61 | 79 | 0.00% | 29.34% to 28.95% |
F-39
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
Cohen & Steers Global Realty Shares, Inc. |
||||||||||||||||||||||||
Cohen & Steers Global Realty Shares, Inc Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 3,556 | 14.43 to 13.65 | 50 | 1.33% | 8.93% to 8.54% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 13.25 to 12.58 | | 0.00% | (26.32)% to (26.58)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 17.98 to 17.13 | | 1.79% | 24.67% to 24.23% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 4,351 | 14.42 to 13.79 | 62 | 2.27% | (3.97)% to (4.31)% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 4,654 | 15.02 to 14.41 | 69 | 4.04% | 22.70% to 22.26% | ||||||||||||||||||
Columbia Acorn Trust |
||||||||||||||||||||||||
Columbia Acorn Fund Class A |
||||||||||||||||||||||||
2023 |
1.65% to 1.65% | 3,135 | 22.51 to 22.51 | 71 | 0.00% | 19.59% to 19.59% | ||||||||||||||||||
2022 |
1.65% to 1.65% | 3,300 | 18.82 to 18.82 | 62 | 0.00% | (35.10)% to (35.10)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 4,431 | 30.22 to 28.80 | 129 | 0.95% | 7.32% to 6.94% | ||||||||||||||||||
2020 |
1.35% to 1.65% | 3,823 | 28.16 to 27.10 | 105 | 0.00% | 27.44% to 27.05% | ||||||||||||||||||
2019 |
1.35% to 1.65% | 4,217 | 22.10 to 21.33 | 91 | 0.00% | 24.51% to 24.13% | ||||||||||||||||||
Columbia Acorn International SelectSM Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 9.10 to 8.99 | | 0.00% | 16.54% to 16.12% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 7.81 to 7.74 | | 0.00% | (37.65)% to (37.87)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 26,072 | 12.53 to 12.46 | 326 | 0.72% | 9.00% to 8.61% | ||||||||||||||||||
2020 (4) |
1.35% to 1.70% | 7,752 | 11.49 to 11.48 | 89 | 0.00% | 14.92% to 14.76% | ||||||||||||||||||
Columbia Funds Series Trust |
||||||||||||||||||||||||
Columbia Large Cap Growth Opportunity Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 2,133 | 23.58 to 22.98 | 50 | 0.00% | 29.50% to 29.04% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 5,290 | 18.21 to 17.81 | 95 | 0.00% | (30.63)% to (30.88)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 1,747 | 26.25 to 25.77 | 46 | 0.00% | 17.47% to 17.05% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 22.34 to 22.01 | | 0.00% | 38.60% to 38.11% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 16.12 to 15.94 | | 0.00% | 34.10% to 33.63% | ||||||||||||||||||
Columbia Select Mid Cap Value Fund Class A |
||||||||||||||||||||||||
2023 |
1.65% to 1.65% | 193 | 24.96 to 24.96 | 5 | 0.85% | 8.44% to 8.44% | ||||||||||||||||||
2022 |
1.65% to 1.65% | 201 | 23.02 to 23.02 | 5 | 0.55% | (10.94)% to (10.94)% | ||||||||||||||||||
2021 |
1.65% to 1.65% | 246 | 25.84 to 25.84 | 6 | 0.30% | 29.78% to 29.78% | ||||||||||||||||||
2020 |
1.65% to 1.65% | 310 | 19.91 to 19.91 | 6 | 0.94% | 4.72% to 4.72% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 4,005 | 19.70 to 18.90 | 78 | 0.92% | 29.53% to 29.07% | ||||||||||||||||||
Davis New York Venture Fund, Inc. |
||||||||||||||||||||||||
Davis New York Venture Fund Class A |
||||||||||||||||||||||||
2023 |
1.65% to 1.65% | 406 | 23.56 to 23.56 | 10 | 0.92% | 27.86% to 27.86% | ||||||||||||||||||
2022 |
1.65% to 1.65% | 501 | 18.42 to 18.42 | 9 | 1.48% | (18.83)% to (18.83)% | ||||||||||||||||||
2021 |
1.65% to 1.65% | 550 | 22.70 to 22.70 | 12 | 0.14% | 10.65% to 10.65% | ||||||||||||||||||
2020 |
1.35% to 1.65% | 1,779 | 21.31 to 20.51 | 37 | 0.50% | 9.91% to 9.57% | ||||||||||||||||||
2019 |
1.35% to 1.65% | 2,800 | 19.39 to 18.72 | 54 | 1.55% | 29.14% to 28.75% |
F-40
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
Eaton Vance Mutual Funds Trust |
||||||||||||||||||||||||
Eaton Vance Floating-Rate Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 5,423 | 14.93 to 14.12 | 79 | 8.37% | 10.32% to 9.93% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 6,303 | 13.53 to 12.85 | 83 | 5.05% | (3.90)% to (4.24)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 3,588 | 14.08 to 13.42 | 50 | 3.08% | 2.61% to 2.25% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 7,676 | 13.72 to 13.12 | 104 | 3.59% | 0.78% to 0.42% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 19,704 | 13.62 to 13.07 | 265 | 4.59% | 5.40% to 5.02% | ||||||||||||||||||
Eaton Vance Special Investment Trust |
||||||||||||||||||||||||
Eaton Vance Large-Cap Value Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 2 | 22.02 to 20.83 | | 0.53% | 6.46% to 6.09% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 2,395 | 20.68 to 19.64 | 48 | 1.11% | (4.09)% to (4.43)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 1,426 | 21.56 to 20.55 | 30 | 0.97% | 22.62% to 22.18% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 3,556 | 17.59 to 16.82 | 62 | 1.35% | 0.90% to 0.54% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 6,391 | 17.43 to 16.73 | 110 | 1.27% | 28.04% to 27.58% | ||||||||||||||||||
Federated Hermes Equity Funds |
||||||||||||||||||||||||
Federated Hermes Kaufmann Fund Class A |
||||||||||||||||||||||||
2023 |
1.65% to 1.65% | 581 | 23.64 to 23.64 | 14 | 0.00% | 13.02% to 13.02% | ||||||||||||||||||
2022 |
1.65% to 1.65% | 583 | 20.92 to 20.92 | 12 | 0.00% | (31.39)% to (31.39)% | ||||||||||||||||||
2021 |
1.65% to 1.65% | 537 | 30.49 to 30.49 | 16 | 0.00% | 0.72% to 0.72% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 2,439 | 31.45 to 30.08 | 75 | 0.00% | 26.85% to 26.40% | ||||||||||||||||||
2019 |
1.65% to 1.65% | 542 | 23.94 to 23.94 | 13 | 0.00% | 30.75% to 30.75% | ||||||||||||||||||
Fidelity Advisor Series I |
||||||||||||||||||||||||
Fidelity Advisor® Balanced Fund Class A |
||||||||||||||||||||||||
2023 |
1.40% to 1.40% | 224 | 25.11 to 25.11 | 6 | 1.48% | 19.52% to 19.52% | ||||||||||||||||||
2022 |
1.40% to 1.40% | 258 | 21.01 to 21.01 | 5 | 0.97% | (19.59)% to (19.59)% | ||||||||||||||||||
2021 |
1.40% to 1.40% | 269 | 26.13 to 26.13 | 7 | 0.39% | 16.25% to 16.25% | ||||||||||||||||||
2020 |
1.40% to 1.40% | 1,927 | 22.48 to 22.48 | 43 | 1.07% | 20.40% to 20.40% | ||||||||||||||||||
2019 |
1.40% to 1.40% | 2,499 | 18.67 to 18.67 | 47 | 1.37% | 22.02% to 22.02% | ||||||||||||||||||
Fidelity Advisor® Equity Growth Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 1,605 | 42.88 to 40.57 | 67 | 0.00% | 33.43% to 32.95% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 1,512 | 32.14 to 30.51 | 48 | 0.00% | (25.68)% to (25.94)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 701 | 43.24 to 41.20 | 30 | 0.00% | 21.07% to 20.64% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 8,441 | 35.72 to 34.15 | 297 | 0.00% | 41.49% to 40.99% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 25.24 to 24.22 | | 0.00% | 31.88% to 31.41% | ||||||||||||||||||
Fidelity Advisor® Leveraged Company Stock Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 23.14 to 21.89 | | 0.00% | 24.12% to 23.68% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 18.64 to 17.70 | | 0.00% | (24.45)% to (24.72)% | ||||||||||||||||||
2021 |
1.65% to 1.65% | 1,282 | 23.68 to 23.68 | 30 | 0.12% | 23.09% to 23.09% | ||||||||||||||||||
2020 |
1.65% to 1.65% | 1,542 | 19.23 to 19.23 | 30 | 0.00% | 26.78% to 26.78% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 15.72 to 15.08 | | 0.00% | 27.72% to 27.27% |
F-41
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
Fidelity Advisor Series II |
||||||||||||||||||||||||
Fidelity Advisor® Mid Cap II Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 25.76 to 24.37 | | 0.00% | 13.16% to 12.76% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 22.76 to 21.61 | | 0.00% | (16.17)% to (16.46)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 27.15 to 25.87 | | 0.00% | 23.23% to 22.80% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 22.03 to 21.07 | | 0.00% | 16.74% to 16.33% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 3,850 | 18.87 to 18.11 | 72 | 0.40% | 21.65% to 21.22% | ||||||||||||||||||
Fidelity Contrafund |
||||||||||||||||||||||||
Fidelity Advisor® New Insights Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 8,212 | 33.87 to 32.05 | 271 | 0.23% | 34.12% to 33.65% | ||||||||||||||||||
2022 |
1.65% to 1.65% | 1,038 | 24.16 to 24.16 | 25 | 0.34% | (28.68)% to (28.68)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 1,864 | 35.30 to 33.64 | 64 | 0.00% | 22.62% to 22.19% | ||||||||||||||||||
2020 |
1.35% to 1.65% | 2,903 | 28.79 to 27.71 | 82 | 0.01% | 21.97% to 21.60% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 7,975 | 23.60 to 22.65 | 186 | 0.13% | 27.41% to 26.96% | ||||||||||||||||||
Franklin Fund Allocator Series |
||||||||||||||||||||||||
Franklin Global Allocation Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 20,671 | 15.88 to 15.02 | 317 | 1.73% | 11.40% to 11.01% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 22,597 | 14.25 to 13.53 | 312 | 4.08% | (13.02)% to (13.33)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 24,197 | 16.39 to 15.61 | 385 | 0.83% | 10.23% to 9.84% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 28,108 | 14.87 to 14.22 | 407 | 3.66% | 0.18% to -0.18% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 29,348 | 14.84 to 14.24 | 425 | 3.10% | 16.22% to 15.80% | ||||||||||||||||||
Franklin Value Investors Trust |
||||||||||||||||||||||||
Franklin Small Cap Value Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 1,963 | 26.06 to 24.66 | 50 | 0.87% | 11.37% to 10.98% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 23.40 to 22.22 | | 0.00% | (11.41)% to (11.72)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 26.42 to 25.17 | | 0.00% | 23.77% to 23.34% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 21.34 to 20.41 | | 0.00% | 3.97% to 3.60% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 20.53 to 19.70 | | 0.00% | 24.34% to 23.90% | ||||||||||||||||||
JPMorgan Trust II |
||||||||||||||||||||||||
JPMorgan Core Bond Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 9,034 | 12.65 to 11.97 | 111 | 3.06% | 4.00% to 3.63% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 27,358 | 12.16 to 11.55 | 325 | 2.26% | (13.74)% to (14.04)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 30,904 | 14.10 to 13.44 | 427 | 1.77% | -2.70% to -3.04% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 56,670 | 14.49 to 13.86 | 810 | 2.12% | 6.39% to 6.02% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 54,885 | 13.62 to 13.07 | 740 | 2.52% | 6.60% to 6.23% | ||||||||||||||||||
JPMorgan Investor Growth & Income Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 22.39 to 21.19 | | 0.00% | 14.28% to 13.88% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 19.59 to 18.61 | | 0.00% | (15.87)% to (16.17)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 23.29 to 22.19 | | 0.00% | 12.43% to 12.03% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 20.72 to 19.81 | | 0.00% | 15.33% to 14.92% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 17.96 to 17.24 | | 0.00% | 18.98% to 18.55% |
F-42
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
Janus Investment Fund |
||||||||||||||||||||||||
Janus Henderson Forty Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 1,995 | 34.52 to 32.66 | 67 | 0.02% | 37.66% to 37.18% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 1,939 | 25.07 to 23.81 | 48 | 0.00% | (34.60)% to (34.83)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 38.34 to 36.53 | | 0.00% | 21.01% to 20.58% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 2,446 | 31.68 to 30.30 | 76 | 0.23% | 36.94% to 36.46% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 23.13 to 22.20 | | 0.00% | 34.62% to 34.14% | ||||||||||||||||||
Legg Mason Global Asset Management Trust |
||||||||||||||||||||||||
ClearBridge Value Trust Class FI |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 25.87 to 24.48 | | 0.00% | 17.61% to 17.19% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 22.00 to 20.89 | | 0.00% | (7.77)% to (8.10)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 23.85 to 22.73 | | 0.00% | 26.20% to 25.76% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 18.90 to 18.07 | | 0.00% | 9.66% to 9.27% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 26,608 | 17.23 to 16.54 | 454 | 0.24% | 25.23% to 24.79% | ||||||||||||||||||
Legg Mason Partners Variable Equity Trust |
||||||||||||||||||||||||
ClearBridge Aggressive Growth Fund Class FI |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 24.96 to 23.62 | | 0.00% | 22.12% to 21.69% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 20.44 to 19.41 | | 0.00% | (26.60)% to (26.86)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 1,704 | 27.85 to 26.53 | 47 | 0.00% | 6.33% to 5.95% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 26.19 to 25.04 | | 0.00% | 17.84% to 17.42% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 22.22 to 21.33 | | 0.00% | 22.51% to 22.08% | ||||||||||||||||||
Lord Abbett Affiliated Fund, Inc. |
||||||||||||||||||||||||
Lord Abbett Affiliated Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 22.39 to 21.19 | | 0.00% | 9.00% to 8.61% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 20.55 to 19.51 | | 0.87% | (11.06)% to (11.38)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 1,329 | 23.10 to 22.01 | 30 | 1.22% | 25.03% to 24.59% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 15,047 | 18.48 to 17.67 | 274 | 2.13% | (2.60)% to (2.95)% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 5,879 | 18.97 to 18.21 | 110 | 2.28% | 23.55% to 23.11% | ||||||||||||||||||
Lord Abbett Bond Debenture Fund, Inc. |
||||||||||||||||||||||||
Lord Abbett Bond Debenture Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 4,647 | 17.52 to 16.58 | 80 | 2.43% | 5.39% to 5.01% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 16.63 to 15.79 | | 2.36% | (13.89)% to (14.19)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 2,300 | 19.31 to 18.40 | 44 | 1.42% | 1.84% to 1.48% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 18.96 to 18.13 | | 0.00% | 6.11% to 5.73% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 17.87 to 17.15 | | 0.00% | 11.81% to 11.41% | ||||||||||||||||||
Lord Abbett Mid Cap Stock Fund, Inc. |
||||||||||||||||||||||||
Lord Abbett Mid Cap Stock Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 22.60 to 21.38 | | 0.00% | 13.94% to 13.54% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 19.83 to 18.83 | | 0.00% | (12.26)% to (12.57)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 22.60 to 21.54 | | 0.00% | 27.14% to 26.69% | ||||||||||||||||||
2020 |
1.35% to 1.35% | 2,798 | 17.78 to 17.78 | 50 | 1.34% | 1.34% to 1.34% | ||||||||||||||||||
2019 |
1.35% to 1.35% | 2,700 | 17.54 to 17.54 | 47 | 0.74% | 21.25% to 21.25% |
F-43
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
PIMCO Funds |
||||||||||||||||||||||||
PIMCO High Yield Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 4,519 | 18.05 to 17.08 | 80 | 5.48% | 10.85% to 10.46% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 5,169 | 16.28 to 15.46 | 82 | 4.67% | (12.29)% to (12.60)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 8,684 | 18.57 to 17.69 | 158 | 4.16% | 2.28% to 1.92% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 5,824 | 18.15 to 17.36 | 104 | 4.50% | 3.55% to 3.18% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 15,302 | 17.53 to 16.82 | 265 | 4.77% | 12.99% to 12.59% | ||||||||||||||||||
PIMCO Long-Term U.S. Government Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 18,647 | 13.73 to 12.99 | 250 | 1.31% | 1.76% to 1.40% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 13.49 to 12.81 | | 1.02% | (30.18)% to (30.43)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 20,138 | 19.33 to 18.42 | 381 | 1.56% | (6.16)% to (6.50)% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 10,765 | 20.60 to 19.69 | 218 | 2.89% | 15.90% to 15.49% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 15,481 | 17.77 to 17.05 | 272 | 2.33% | 11.52% to 11.12% | ||||||||||||||||||
PIMCO Low Duration Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 14,024 | 10.86 to 10.27 | 150 | 3.79% | 3.59% to 3.23% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 15,140 | 10.48 to 9.95 | 156 | 1.56% | (6.72)% to (7.05)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 29,168 | 11.24 to 10.71 | 323 | 0.54% | (2.31)% to (2.66)% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 33,755 | 11.50 to 11.00 | 384 | 1.46% | 1.72% to 1.36% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 24,954 | 11.31 to 10.85 | 280 | 3.07% | 2.77% to 2.40% | ||||||||||||||||||
PIMCO Total Return Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 26,760 | 13.09 to 12.39 | 340 | 3.55% | 4.52% to 4.15% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 34,512 | 12.53 to 11.90 | 421 | 4.08% | (15.54)% to (15.84)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 24,327 | 14.83 to 14.13 | 352 | 1.91% | (2.51)% to (2.86)% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 46,056 | 15.22 to 14.55 | 688 | 2.16% | 7.04% to 6.66% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 59,160 | 14.21 to 13.64 | 828 | 3.47% | 6.44% to 6.06% | ||||||||||||||||||
Prudential Investment Portfolios 18 |
||||||||||||||||||||||||
PGIM Jennison Focused Growth Fund Class A |
||||||||||||||||||||||||
2023 |
1.65% to 1.65% | 1,603 | 8.57 to 8.57 | 14 | 0.00% | 49.79% to 49.79% | ||||||||||||||||||
2022 |
1.65% to 1.65% | 2,066 | 5.72 to 5.72 | 12 | 0.00% | (41.71)% to (41.71)% | ||||||||||||||||||
2021 (5) |
1.35% to 1.70% | 4,664 | 9.81 to 9.81 | 46 | 0.00% | (1.87)% to (1.89)% | ||||||||||||||||||
Prudential Jennison Natural Resources Fund, Inc. |
||||||||||||||||||||||||
PGIM Jennison Natural Resources Fund, Inc. Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 7.36 to 6.96 | | 0.00% | (3.50)% to (3.84)% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 7.62 to 7.24 | | 0.00% | 22.83% to 22.39% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 6.21 to 5.91 | | 0.00% | 25.51% to 25.07% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 12,815 | 4.95 to 4.73 | 62 | 1.35% | 9.67% to 9.28% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 29,713 | 4.51 to 4.33 | 133 | 1.83% | 14.94% to 14.53% |
F-44
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
Putnam Investment Funds |
||||||||||||||||||||||||
Putnam International Capital Opportunities Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 3,797 | 13.58 to 12.85 | 50 | 0.43% | 13.67% to 13.27% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 4,191 | 11.94 to 11.34 | 49 | 0.64% | (19.12)% to (19.41)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 2,093 | 14.77 to 14.07 | 30 | 0.82% | 11.88% to 11.49% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 4,786 | 13.20 to 12.62 | 62 | 0.94% | 9.43% to 9.04% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 4,939 | 12.06 to 11.57 | 59 | 0.00% | 24.15% to 23.71% | ||||||||||||||||||
T. Rowe Price Capital Appreciation Fund |
||||||||||||||||||||||||
T. Rowe Price Capital Appreciation Fund Advisor Class |
||||||||||||||||||||||||
2023 |
1.65% to 1.65% | 151 | 31.71 to 31.71 | 5 | 1.91% | 16.57% to 16.57% | ||||||||||||||||||
2022 |
1.65% to 1.65% | 168 | 27.21 to 27.21 | 5 | 1.13% | (13.62)% to (13.62)% | ||||||||||||||||||
2021 |
1.65% to 1.65% | 199 | 31.50 to 31.50 | 6 | 0.27% | 16.26% to 16.26% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 4,727 | 28.15 to 26.92 | 132 | 1.09% | 16.21% to 15.79% | ||||||||||||||||||
2019 |
1.35% to 1.65% | 2,179 | 24.22 to 23.38 | 53 | 1.25% | 22.52% to 22.15% | ||||||||||||||||||
T. Rowe Price Equity Income Fund |
||||||||||||||||||||||||
T. Rowe Price Equity Income Fund Advisor Class |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 3,676 | 24.71 to 23.38 | 88 | 1.91% | 7.87% to 7.49% | ||||||||||||||||||
2022 |
1.35% to 1.70% | 3,133 | 22.91 to 21.75 | 70 | 1.92% | (4.87)% to (5.21)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 1,270 | 24.08 to 22.95 | 30 | 1.22% | 23.57% to 23.13% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 9,152 | 19.49 to 18.64 | 177 | 2.05% | (0.32)% to (0.67)% | ||||||||||||||||||
2019 |
1.35% to 1.35% | 2,415 | 19.55 to 19.55 | 47 | 2.11% | 24.47% to 24.47% | ||||||||||||||||||
T. Rowe Price Growth Stock Fund, Inc. |
||||||||||||||||||||||||
T. Rowe Price Growth Stock Fund Advisor Class |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 39.06 to 36.96 | | 0.00% | 42.93% to 42.43% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 27.33 to 25.95 | | 0.00% | (41.10)% to (41.31)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 1,329 | 46.40 to 44.21 | 60 | 0.00% | 18.09% to 17.67% | ||||||||||||||||||
2020 |
1.35% to 1.65% | 2,056 | 39.29 to 37.81 | 80 | 0.00% | 34.70% to 34.29% | ||||||||||||||||||
2019 |
1.35% to 1.35% | 1,629 | 29.17 to 29.17 | 48 | 0.00% | 28.68% to 28.68% | ||||||||||||||||||
The AB Portfolios |
||||||||||||||||||||||||
AB All Market Total Return Portfolio Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 8,259 | 14.18 to 13.42 | 116 | 1.46% | 9.54% to 9.15% | ||||||||||||||||||
2022 |
1.35% to 1.40% | 4,876 | 12.95 to 12.85 | 63 | 2.62% | (20.84)% to (20.88)% | ||||||||||||||||||
2021 |
1.35% to 1.40% | 4,675 | 16.35 to 16.24 | 76 | 0.00% | 11.43% to 11.37% | ||||||||||||||||||
2020 |
1.35% to 1.40% | 7,123 | 14.68 to 14.58 | 104 | 3.04% | 3.41% to 3.36% | ||||||||||||||||||
2019 |
1.35% to 1.40% | 8,946 | 14.19 to 14.11 | 127 | 2.11% | 17.76% to 17.71% | ||||||||||||||||||
AB Wealth Appreciation Strategy Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | 2,809 | 18.15 to 17.17 | 50 | 1.10% | 19.09% to 18.67% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 15.24 to 14.47 | | 0.00% | (19.78)% to (20.06)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 18.99 to 18.10 | | 0.00% | 18.74% to 18.32% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 15.99 to 15.29 | | 0.00% | 11.27% to 10.88% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 14.37 to 13.79 | | 0.00% | 23.44% to 23.00% |
F-45
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
The Advisors Inner Circle Fund III |
||||||||||||||||||||||||
First Foundation Total Return Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.40% | 3,723 | 19.77 to 19.61 | 74 | 5.35% | 15.36% to 15.30% | ||||||||||||||||||
2022 |
1.35% to 1.40% | 4,061 | 17.13 to 17.01 | 70 | 3.38% | 0.44% to 0.39% | ||||||||||||||||||
2021 (6) |
1.35% to 1.40% | 4,763 | 17.06 to 16.95 | 81 | 1.54% | 20.56% to 20.50% | ||||||||||||||||||
Thornburg Investment Trust |
||||||||||||||||||||||||
Thornburg International Equity Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 13.64 to 12.90 | | 0.00% | 14.21% to 13.81% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 11.94 to 11.34 | | 0.00% | (18.13)% to (18.42)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | | 14.58 to 13.90 | | 0.00% | 5.81% to 5.44% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 5,634 | 13.78 to 13.18 | 77 | 0.32% | 20.91% to 20.48% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 11.40 to 10.94 | | 0.00% | 26.72% to 26.27% | ||||||||||||||||||
Thornburg Small/Mid Cap Growth Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 21.65 to 20.48 | | 0.00% | 17.95% to 17.53% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 18.36 to 17.43 | | 0.00% | (35.08)% to (35.31)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 1,088 | 28.28 to 26.94 | 30 | 0.00% | (5.62)% to (5.95)% | ||||||||||||||||||
2020 |
1.35% to 1.70% | | 29.96 to 28.65 | | 0.00% | 39.73% to 39.24% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 21.44 to 20.57 | | 0.00% | 27.17% to 26.72% | ||||||||||||||||||
Virtus Investment Trust |
||||||||||||||||||||||||
Virtus NFJ International Value Fund Class A |
||||||||||||||||||||||||
2023 |
1.65% to 1.65% | 1,205 | 7.96 to 7.96 | 10 | 1.62% | 8.52% to 8.52% | ||||||||||||||||||
2022 |
1.65% to 1.65% | 1,245 | 7.34 to 7.34 | 9 | 1.83% | (20.63)% to (20.63)% | ||||||||||||||||||
2021 |
1.65% to 1.65% | 1,362 | 9.24 to 9.24 | 13 | 1.44% | 8.08% to 8.08% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 8,542 | 8.89 to 8.50 | 74 | 2.43% | 7.87% to 7.49% | ||||||||||||||||||
2019 |
1.35% to 1.70% | 9,907 | 8.24 to 7.91 | 80 | 2.50% | 19.91% to 19.49% | ||||||||||||||||||
Virtus NFJ Large-Cap Value Fund Class A |
||||||||||||||||||||||||
2023 |
1.35% to 1.70% | | 20.83 to 19.70 | | 0.00% | 15.97% to 15.56% | ||||||||||||||||||
2022 |
1.35% to 1.70% | | 17.96 to 17.05 | | 0.41% | (15.98)% to (16.28)% | ||||||||||||||||||
2021 |
1.35% to 1.70% | 13,915 | 21.37 to 20.37 | 292 | 0.61% | 24.49% to 24.05% | ||||||||||||||||||
2020 |
1.35% to 1.70% | 16,259 | 17.17 to 16.42 | 275 | 0.30% | 0.56% to 0.20% | ||||||||||||||||||
2019 |
1.35% to 1.70% | | 17.07 to 16.38 | | 0.00% | 22.92% to 22.48% |
(1) | Expenses as a percentage of average net assets represent the annualized asset-based contract expenses of the Separate Account, consisting of mortality and expense risk charges, administrative expenses and other rider charges for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to the contract owner through the redemption of units and expenses of the underlying Portfolios are excluded. |
(2) | The investment income ratio represents the ordinary dividends received by the subaccount from the Portfolio divided by average net assets. |
(3) | The total return represents a range of maximum and minimum annual total returns for the year or lesser period indicated and includes deductions for expenses assessed through the daily unit value calculation. The total return does not include any expenses assessed through the redemption of units; inclusion of these expenses in the calculation would result in a reduction in the total return presented. Standardized total returns shown separately in a prospectus or marketing material for a product supported by the Separate Account include the maximum contract charges that may be assessed to any contract through both the daily unit value calculation and the redemption of units. Accordingly, these standardized total returns will generally reflect a lower return than the total return. |
F-46
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2
Notes to Financial Statements Continued
December 31, 2023
(4) | The ratios of expenses and net investment income to average net assets are annualized for the period from August 7 to December 31, 2020. |
(5) | The ratios of expenses and net investment income to average net assets are annualized for the period from December 10 to December 31, 2021. |
(6) | The ratios of expenses and net investment income to average net assets are annualized for the period from January 11 to December 31, 2021. |
F-47