Report of Independent Registered Public Accounting Firm |
To the Contract Owners of | ||
Separate Account VL I of Talcott Resolution Life and Annuity Insurance Company and the | ||
Board of Directors of Talcott Resolution Life and Annuity Insurance Company |
AB VPS Sustainable International Thematic Portfolio (Class B) | Invesco V.I. Small Cap Equity Fund (Series I) | ||||
AB VPS International Value Portfolio (Class B) | Lord Abbett Bond Debenture Portfolio (Class VC) | ||||
AB VPS Discovery Value Portfolio (Class B) (formerly AB VPS Small/Mid Cap Value Portfolio (Class B)) | Lord Abbett Dividend Growth Portfolio (Class VC) | ||||
American Funds IS Asset Allocation Fund (Class 2) | Lord Abbett Growth and Income Portfolio (Class VC) | ||||
American Funds IS Washington Mutual Investors Fund (Class 2) | MFS® Investors Trust Series (Initial Class) | ||||
American Funds IS The Bond Fund of America® (Class 2) | MFS® New Discovery Series (Initial Class) | ||||
American Funds IS Global Growth Fund (Class 2) | MFS® Total Return Bond Series (Initial Class) | ||||
American Funds IS Global Small Capitalization Fund (Class 2) | MFS® Total Return Series (Initial Class) | ||||
American Funds IS Growth Fund (Class 2) | MFS® Value Series (Initial Class) | ||||
American Funds IS Growth-Income Fund (Class 2) | Invesco V.I. Capital Appreciation Fund (Series II) | ||||
American Funds IS International Fund (Class 2) | Invesco V.I. Global Fund (Series II) | ||||
American Funds IS New World Fund® (Class 2) | Invesco V.I. Main Street Fund® (Series II) | ||||
Fidelity® VIP Asset Manager Portfolio (Initial Class) | Invesco V.I. Main Street Small Cap Fund® (Series II) | ||||
Fidelity® VIP Equity-Income Portfolio (Initial Class) | Putnam VT Small Cap Growth Fund (Class IB) | ||||
Fidelity® VIP Freedom 2010 Portfolio (Service Class 2) | Putnam VT Diversified Income Fund (Class IA) | ||||
Fidelity® VIP Freedom 2020 Portfolio (Service Class 2) | Putnam VT Large Cap Value Fund (Class IA) | ||||
Fidelity® VIP Freedom 2030 Portfolio (Service Class 2) | Putnam VT Global Asset Allocation Fund (Class IA) | ||||
Fidelity® VIP Government Money Market Portfolio (Service Class) | Putnam VT Focused International Equity Fund (Class IA) | ||||
Fidelity® VIP Contrafund® Portfolio (Service Class 2) | Putnam VT Global Health Care Fund (Class IA) | ||||
Fidelity® VIP Mid Cap Portfolio (Service Class 2) | Putnam VT High Yield Fund (Class IA) | ||||
Fidelity® VIP Overseas Portfolio (Initial Class) | Putnam VT Income Fund (Class IA) | ||||
Franklin Income VIP Fund (Class 2) | Putnam VT International Equity Fund (Class IA) | ||||
Franklin Mutual Global Discovery VIP Fund (Class 2) | Putnam VT Emerging Markets Equity Fund (Class IA) | ||||
Franklin Mutual Shares VIP Fund (Class 2) | Putnam VT International Value Fund (Class IA) | ||||
Franklin Small Cap Value VIP Fund (Class 2) | Putnam VT Core Equity Fund (Class IA) (formerly Putnam VT Multi-Cap Core Fund (Class IA)) | ||||
Franklin Strategic Income VIP Fund (Class 1) | Putnam VT Government Money Market Fund (Class IA) | ||||
Putnam VT George Putnam Balanced Fund (Class IA) | Putnam VT Sustainable Leaders Fund (Class IA) | ||||
Hartford Balanced HLS Fund (Class IA) | Putnam VT Small Cap Value Fund (Class IB) | ||||
Hartford Capital Appreciation HLS Fund (Class IA) | Templeton Foreign VIP Fund (Class 2) | ||||
Hartford Disciplined Equity HLS Fund (Class IA) | Templeton Global Bond VIP Fund (Class 2) | ||||
Hartford Dividend and Growth HLS Fund (Class IA) | Templeton Growth VIP Fund (Class 2) | ||||
Hartford International Opportunities HLS Fund (Class IA) | Morgan Stanley VIF Discovery Portfolio (Class II) | ||||
Hartford MidCap HLS Fund (Class IA) | Putnam VT Large Cap Growth Fund (Class IA) (formerly Putnam VT Growth Opportunities Fund (Class IA)) | ||||
Hartford Small Company HLS Fund (Class IA) | BlackRock S&P 500 Index V.I. Fund (Class I) | ||||
Hartford Stock HLS Fund (Class IA) | Fidelity® VIP Equity-Income Portfolio (Service Class 2) | ||||
Hartford Total Return Bond HLS Fund (Class IA) | Putnam VT Diversified Income Fund (Class IB) | ||||
Hartford Ultrashort Bond HLS Fund (Class IA) | Putnam VT Large Cap Value Fund (Class IB) | ||||
Invesco V.I. American Franchise Fund (Series I) | Putnam VT Focused International Equity Fund (Class IB) | ||||
Invesco V.I. American Value Fund (Series II) | Putnam VT High Yield Fund (Class IB) | ||||
Invesco V.I. Balanced-Risk Allocation Fund (Series I) | Putnam VT Income Fund (Class IB) | ||||
Invesco V.I. Comstock Fund (Series II) | Putnam VT International Equity Fund (Class IB) |
SA-1 | ||||||||
Report of Independent Registered Public Accounting Firm |
Invesco V.I. Core Equity Fund (Series I) | Putnam VT Sustainable Leaders Fund (Class IB) | ||||
Invesco V.I. EQV International Equity Fund (Series I) | Putnam VT Large Cap Growth Fund (Class IB) (formerly Putnam VT Growth Opportunities Fund (Class IB)) | ||||
Invesco V.I. Main Street Mid Cap Fund® (Series I) | |||||
Sub-Account | Statements of Assets and Liabilities | Statements of Operations | Statements of Changes in Net Assets | Financial Highlights | ||||||||||
As of | For the | For the | For the | |||||||||||
Invesco V.I. Discovery Mid Cap Growth Fund (Series I) | December 31, 2023 | Year ended December 31, 2023 | Two years in the period ended December 31, 2023 | Three years in the period ended December 31, 2023 and the period from April 30, 2020 to December 31, 2020 |
SA-2 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
AB VPS Sustainable International Thematic Portfolio (Class B) | AB VPS International Value Portfolio (Class B) | AB VPS Discovery Value Portfolio (Class B) | American Funds IS Asset Allocation Fund (Class 2) | American Funds IS Washington Mutual Investors Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 79,321 | 278,987 | 819,146 | 4,235,208 | 5,617,432 | ||||||||||||||||||||||||
Cost | $ | 1,683,568 | $ | 5,352,269 | $ | 14,769,495 | $ | 85,369,615 | $ | 68,739,815 | |||||||||||||||||||
Fair Value | $ | 1,374,634 | $ | 4,103,898 | $ | 14,285,906 | $ | 99,654,433 | $ | 79,823,704 | |||||||||||||||||||
Due from Sponsor Company | — | — | 53 | — | — | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | 11,308 | 2,964 | ||||||||||||||||||||||||
Total assets | 1,374,634 | 4,103,898 | 14,285,959 | 99,665,741 | 79,826,668 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | 11,308 | 2,964 | ||||||||||||||||||||||||
Payable for fund shares purchased | — | — | 53 | — | — | ||||||||||||||||||||||||
Total liabilities | — | — | 53 | 11,308 | 2,964 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 1,374,634 | $ | 4,103,898 | $ | 14,285,906 | $ | 99,654,433 | $ | 79,823,704 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 92,962 | 356,054 | 350,891 | 2,164,571 | 1,385,491 | ||||||||||||||||||||||||
Contract liability | $ | 1,374,634 | $ | 4,103,898 | $ | 14,285,906 | $ | 99,654,433 | $ | 79,823,704 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-3 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
American Funds IS The Bond Fund of America® (Class 2) | American Funds IS Global Growth Fund (Class 2) | American Funds IS Global Small Capitalization Fund (Class 2) | American Funds IS Growth Fund (Class 2) | American Funds IS Growth-Income Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 4,590,013 | 2,619,924 | 1,683,878 | 4,191,410 | 4,744,719 | ||||||||||||||||||||||||
Cost | $ | 50,419,375 | $ | 65,080,562 | $ | 31,418,062 | $ | 300,244,850 | $ | 202,507,512 | |||||||||||||||||||
Fair Value | $ | 43,146,124 | $ | 87,610,261 | $ | 29,467,870 | $ | 411,596,450 | $ | 276,617,116 | |||||||||||||||||||
Due from Sponsor Company | — | — | — | — | — | ||||||||||||||||||||||||
Receivable for fund shares sold | 3,462 | 26,056 | 1,958 | 19,450 | 67,890 | ||||||||||||||||||||||||
Total assets | 43,149,586 | 87,636,317 | 29,469,828 | 411,615,900 | 276,685,006 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | 3,462 | 26,056 | 1,958 | 19,450 | 67,890 | ||||||||||||||||||||||||
Payable for fund shares purchased | — | — | — | — | — | ||||||||||||||||||||||||
Total liabilities | 3,462 | 26,056 | 1,958 | 19,450 | 67,890 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 43,146,124 | $ | 87,610,261 | $ | 29,467,870 | $ | 411,596,450 | $ | 276,617,116 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 2,411,501 | 14,459,024 | 6,047,520 | 59,681,673 | 45,773,134 | ||||||||||||||||||||||||
Contract liability | $ | 43,146,124 | $ | 87,610,261 | $ | 29,467,870 | $ | 411,596,450 | $ | 276,617,116 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-4 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
American Funds IS International Fund (Class 2) | American Funds IS New World Fund® (Class 2) | Fidelity® VIP Asset Manager Portfolio (Initial Class) | Fidelity® VIP Equity-Income Portfolio (Initial Class) | Fidelity® VIP Freedom 2010 Portfolio (Service Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 3,267,271 | 1,311,540 | 40,753 | 1,221,156 | 426,326 | ||||||||||||||||||||||||
Cost | $ | 59,205,298 | $ | 27,868,292 | $ | 659,829 | $ | 27,557,736 | $ | 5,423,304 | |||||||||||||||||||
Fair Value | $ | 56,883,189 | $ | 33,011,460 | $ | 637,372 | $ | 30,345,730 | $ | 4,783,373 | |||||||||||||||||||
Due from Sponsor Company | 19,489 | 1,463 | — | 1,330 | — | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | — | — | ||||||||||||||||||||||||
Total assets | 56,902,678 | 33,012,923 | 637,372 | 30,347,060 | 4,783,373 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | — | — | ||||||||||||||||||||||||
Payable for fund shares purchased | 19,489 | 1,463 | — | 1,330 | — | ||||||||||||||||||||||||
Total liabilities | 19,489 | 1,463 | — | 1,330 | — | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 56,883,189 | $ | 33,011,460 | $ | 637,372 | $ | 30,345,730 | $ | 4,783,373 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 1,428,403 | 582,078 | 107,554 | 3,048,287 | 229,343 | ||||||||||||||||||||||||
Contract liability | $ | 56,883,189 | $ | 33,011,460 | $ | 637,372 | $ | 30,345,730 | $ | 4,783,373 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-5 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Fidelity® VIP Freedom 2020 Portfolio (Service Class 2) | Fidelity® VIP Freedom 2030 Portfolio (Service Class 2) | Fidelity® VIP Government Money Market Portfolio (Service Class) | Fidelity® VIP Contrafund® Portfolio (Service Class 2) | Fidelity® VIP Mid Cap Portfolio (Service Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 260,309 | 481,796 | 35,754,074 | 1,477,720 | 1,003,734 | ||||||||||||||||||||||||
Cost | $ | 3,330,560 | $ | 6,968,482 | $ | 35,754,074 | $ | 50,462,431 | $ | 33,326,782 | |||||||||||||||||||
Fair Value | $ | 3,227,833 | $ | 7,347,391 | $ | 35,754,074 | $ | 69,201,621 | $ | 34,819,542 | |||||||||||||||||||
Due from Sponsor Company | — | — | 57,462 | 3,267 | 3,042 | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | — | — | ||||||||||||||||||||||||
Total assets | 3,227,833 | 7,347,391 | 35,811,536 | 69,204,888 | 34,822,584 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | — | — | ||||||||||||||||||||||||
Payable for fund shares purchased | — | — | 57,462 | 3,267 | 3,042 | ||||||||||||||||||||||||
Total liabilities | — | — | 57,462 | 3,267 | 3,042 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 3,227,833 | $ | 7,347,391 | $ | 35,754,074 | $ | 69,201,621 | $ | 34,819,542 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 139,189 | 280,024 | 3,220,711 | 1,261,605 | 787,706 | ||||||||||||||||||||||||
Contract liability | $ | 3,227,833 | $ | 7,347,391 | $ | 35,754,074 | $ | 69,201,621 | $ | 34,819,542 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-6 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Fidelity® VIP Overseas Portfolio (Initial Class) | Franklin Income VIP Fund (Class 2) | Franklin Mutual Global Discovery VIP Fund (Class 2) | Franklin Mutual Shares VIP Fund (Class 2) | Franklin Small Cap Value VIP Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 16,589 | 2,647,541 | 1,548,141 | 2,485,112 | 2,277,244 | ||||||||||||||||||||||||
Cost | $ | 338,084 | $ | 40,642,220 | $ | 29,245,833 | $ | 42,979,361 | $ | 33,758,466 | |||||||||||||||||||
Fair Value | $ | 428,330 | $ | 37,595,077 | $ | 28,454,836 | $ | 38,096,765 | $ | 30,219,033 | |||||||||||||||||||
Due from Sponsor Company | — | 307 | 891 | — | 993 | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | 24,393 | — | ||||||||||||||||||||||||
Total assets | 428,330 | 37,595,384 | 28,455,727 | 38,121,158 | 30,220,026 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | 24,393 | — | ||||||||||||||||||||||||
Payable for fund shares purchased | — | 307 | 891 | — | 993 | ||||||||||||||||||||||||
Total liabilities | — | 307 | 891 | 24,393 | 993 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 428,330 | $ | 37,595,077 | $ | 28,454,836 | $ | 38,096,765 | $ | 30,219,033 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 84,853 | 1,375,278 | 898,140 | 1,012,679 | 475,016 | ||||||||||||||||||||||||
Contract liability | $ | 428,330 | $ | 37,595,077 | $ | 28,454,836 | $ | 38,096,765 | $ | 30,219,033 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-7 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Franklin Strategic Income VIP Fund (Class 1) | Putnam VT George Putnam Balanced Fund (Class IA) | Hartford Balanced HLS Fund (Class IA) | Hartford Capital Appreciation HLS Fund (Class IA) | Hartford Disciplined Equity HLS Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 811,404 | 25,129 | 2,615,677 | 4,574,570 | 5,475,490 | ||||||||||||||||||||||||
Cost | $ | 9,078,095 | $ | 270,265 | $ | 70,930,833 | $ | 211,101,172 | $ | 85,014,155 | |||||||||||||||||||
Fair Value | $ | 7,619,083 | $ | 345,517 | $ | 75,226,862 | $ | 210,658,931 | $ | 103,267,740 | |||||||||||||||||||
Due from Sponsor Company | 88 | — | 2,799 | 5,363 | 3,537 | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | — | — | ||||||||||||||||||||||||
Total assets | 7,619,171 | 345,517 | 75,229,661 | 210,664,294 | 103,271,277 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | — | — | ||||||||||||||||||||||||
Payable for fund shares purchased | 88 | — | 2,799 | 5,363 | 3,537 | ||||||||||||||||||||||||
Total liabilities | 88 | — | 2,799 | 5,363 | 3,537 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 7,619,083 | $ | 345,517 | $ | 75,226,862 | $ | 210,658,931 | $ | 103,267,740 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 417,116 | 8,447 | 7,678,326 | 8,401,542 | 13,960,175 | ||||||||||||||||||||||||
Contract liability | $ | 7,619,083 | $ | 345,517 | $ | 75,226,862 | $ | 210,658,931 | $ | 103,267,740 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-8 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Hartford Dividend and Growth HLS Fund (Class IA) | Hartford International Opportunities HLS Fund (Class IA) | Hartford MidCap HLS Fund (Class IA) | Hartford Small Company HLS Fund (Class IA) | Hartford Stock HLS Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 7,785,972 | 2,990,377 | 2,771,831 | 1,933,016 | 1,025,117 | ||||||||||||||||||||||||
Cost | $ | 168,083,014 | $ | 41,591,279 | $ | 85,560,044 | $ | 36,129,484 | $ | 75,721,575 | |||||||||||||||||||
Fair Value | $ | 176,196,549 | $ | 45,244,404 | $ | 75,809,576 | $ | 30,599,650 | $ | 99,108,263 | |||||||||||||||||||
Due from Sponsor Company | — | 2,582 | 9,026 | 3,148 | — | ||||||||||||||||||||||||
Receivable for fund shares sold | 2,586 | — | — | — | 672 | ||||||||||||||||||||||||
Total assets | 176,199,135 | 45,246,986 | 75,818,602 | 30,602,798 | 99,108,935 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | 2,586 | — | — | — | 672 | ||||||||||||||||||||||||
Payable for fund shares purchased | — | 2,582 | 9,026 | 3,148 | — | ||||||||||||||||||||||||
Total liabilities | 2,586 | 2,582 | 9,026 | 3,148 | 672 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 176,196,549 | $ | 45,244,404 | $ | 75,809,576 | $ | 30,599,650 | $ | 99,108,263 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 10,104,989 | 7,173,078 | 4,852,406 | 3,691,032 | 6,373,735 | ||||||||||||||||||||||||
Contract liability | $ | 176,196,549 | $ | 45,244,404 | $ | 75,809,576 | $ | 30,599,650 | $ | 99,108,263 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-9 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Hartford Total Return Bond HLS Fund (Class IA) | Hartford Ultrashort Bond HLS Fund (Class IA) | Invesco V.I. American Franchise Fund (Series I) | Invesco V.I. American Value Fund (Series II) | Invesco V.I. Balanced-Risk Allocation Fund (Series I) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 8,163,089 | 3,231,850 | 64,325 | 242,073 | 381,708 | ||||||||||||||||||||||||
Cost | $ | 92,028,203 | $ | 32,530,546 | $ | 3,859,946 | $ | 3,675,582 | $ | 4,050,989 | |||||||||||||||||||
Fair Value | $ | 78,120,763 | $ | 33,417,327 | $ | 3,792,575 | $ | 3,323,668 | $ | 3,313,225 | |||||||||||||||||||
Due from Sponsor Company | 5,135 | 8,336 | 1,787 | 1,371 | 15 | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | — | — | ||||||||||||||||||||||||
Total assets | 78,125,898 | 33,425,663 | 3,794,362 | 3,325,039 | 3,313,240 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | — | — | ||||||||||||||||||||||||
Payable for fund shares purchased | 5,135 | 8,336 | 1,787 | 1,371 | 15 | ||||||||||||||||||||||||
Total liabilities | 5,135 | 8,336 | 1,787 | 1,371 | 15 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 78,120,763 | $ | 33,417,327 | $ | 3,792,575 | $ | 3,323,668 | $ | 3,313,225 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 19,371,298 | 16,389,076 | 89,694 | 99,881 | 178,295 | ||||||||||||||||||||||||
Contract liability | $ | 78,120,763 | $ | 33,417,327 | $ | 3,792,575 | $ | 3,323,668 | $ | 3,313,225 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-10 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Invesco V.I. Comstock Fund (Series II) | Invesco V.I. Core Equity Fund (Series I) | Invesco V.I. EQV International Equity Fund (Series I) | Invesco V.I. Main Street Mid Cap Fund® (Series I) | Invesco V.I. Small Cap Equity Fund (Series I) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 1,611,643 | 30,621 | 131,798 | 963,258 | 302,429 | ||||||||||||||||||||||||
Cost | $ | 26,043,344 | $ | 907,458 | $ | 4,238,549 | $ | 10,874,353 | $ | 5,330,893 | |||||||||||||||||||
Fair Value | $ | 31,555,966 | $ | 896,876 | $ | 4,492,994 | $ | 9,430,296 | $ | 5,201,778 | |||||||||||||||||||
Due from Sponsor Company | — | — | 19 | — | 120 | ||||||||||||||||||||||||
Receivable for fund shares sold | 48,624 | — | — | — | — | ||||||||||||||||||||||||
Total assets | 31,604,590 | 896,876 | 4,493,013 | 9,430,296 | 5,201,898 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | 48,624 | — | — | — | — | ||||||||||||||||||||||||
Payable for fund shares purchased | — | — | 19 | — | 120 | ||||||||||||||||||||||||
Total liabilities | 48,624 | — | 19 | — | 120 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 31,555,966 | $ | 896,876 | $ | 4,492,994 | $ | 9,430,296 | $ | 5,201,778 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 776,666 | 18,690 | 231,302 | 203,505 | 128,510 | ||||||||||||||||||||||||
Contract liability | $ | 31,555,966 | $ | 896,876 | $ | 4,492,994 | $ | 9,430,296 | $ | 5,201,778 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-11 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Lord Abbett Bond Debenture Portfolio (Class VC) | Lord Abbett Dividend Growth Portfolio (Class VC) | Lord Abbett Growth and Income Portfolio (Class VC) | MFS® Investors Trust Series (Initial Class) | MFS® New Discovery Series (Initial Class) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 670,611 | 771,970 | 316,347 | 88,643 | 612,974 | ||||||||||||||||||||||||
Cost | $ | 7,888,360 | $ | 11,964,333 | $ | 10,320,304 | $ | 2,736,998 | $ | 10,632,818 | |||||||||||||||||||
Fair Value | $ | 6,920,709 | $ | 12,513,633 | $ | 11,407,478 | $ | 3,190,244 | $ | 7,931,881 | |||||||||||||||||||
Due from Sponsor Company | 5 | 258 | — | 1,121 | 330 | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | 45,245 | — | — | ||||||||||||||||||||||||
Total assets | 6,920,714 | 12,513,891 | 11,452,723 | 3,191,365 | 7,932,211 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | 45,245 | — | — | ||||||||||||||||||||||||
Payable for fund shares purchased | 5 | 258 | — | 1,121 | 330 | ||||||||||||||||||||||||
Total liabilities | 5 | 258 | 45,245 | 1,121 | 330 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 6,920,709 | $ | 12,513,633 | $ | 11,407,478 | $ | 3,190,244 | $ | 7,931,881 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 303,747 | 266,898 | 336,557 | 63,503 | 115,603 | ||||||||||||||||||||||||
Contract liability | $ | 6,920,709 | $ | 12,513,633 | $ | 11,407,478 | $ | 3,190,244 | $ | 7,931,881 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-12 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
MFS® Total Return Bond Series (Initial Class) | MFS® Total Return Series (Initial Class) | MFS® Value Series (Initial Class) | Invesco V.I. Capital Appreciation Fund (Series II) | Invesco V.I. Global Fund (Series II) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 799,768 | 1,137,917 | 664,956 | 63,511 | 354,499 | ||||||||||||||||||||||||
Cost | $ | 10,354,158 | $ | 25,603,108 | $ | 12,318,830 | $ | 2,798,664 | $ | 12,575,255 | |||||||||||||||||||
Fair Value | $ | 9,357,284 | $ | 26,467,953 | $ | 14,143,609 | $ | 2,835,141 | $ | 12,584,700 | |||||||||||||||||||
Due from Sponsor Company | 15 | 369 | 2,279 | — | 275 | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | — | — | ||||||||||||||||||||||||
Total assets | 9,357,299 | 26,468,322 | 14,145,888 | 2,835,141 | 12,584,975 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | — | — | ||||||||||||||||||||||||
Payable for fund shares purchased | 15 | 369 | 2,279 | — | 275 | ||||||||||||||||||||||||
Total liabilities | 15 | 369 | 2,279 | — | 275 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 9,357,284 | $ | 26,467,953 | $ | 14,143,609 | $ | 2,835,141 | $ | 12,584,700 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 528,374 | 717,586 | 392,955 | 61,408 | 317,324 | ||||||||||||||||||||||||
Contract liability | $ | 9,357,284 | $ | 26,467,953 | $ | 14,143,609 | $ | 2,835,141 | $ | 12,584,700 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-13 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Invesco V.I. Main Street Fund® (Series II) | Invesco V.I. Main Street Small Cap Fund® (Series II) | Putnam VT Small Cap Growth Fund (Class IB) | Putnam VT Diversified Income Fund (Class IA) | Putnam VT Large Cap Value Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 174,856 | 128,214 | 329,134 | 14,928 | 380,122 | ||||||||||||||||||||||||
Cost | $ | 3,796,843 | $ | 2,932,228 | $ | 5,439,286 | $ | 116,550 | $ | 8,883,403 | |||||||||||||||||||
Fair Value | $ | 3,107,196 | $ | 3,372,033 | $ | 5,726,929 | $ | 68,968 | $ | 11,114,760 | |||||||||||||||||||
Due from Sponsor Company | 1,121 | 21 | — | — | — | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | — | — | ||||||||||||||||||||||||
Total assets | 3,108,317 | 3,372,054 | 5,726,929 | 68,968 | 11,114,760 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | — | — | ||||||||||||||||||||||||
Payable for fund shares purchased | 1,121 | 21 | — | — | — | ||||||||||||||||||||||||
Total liabilities | 1,121 | 21 | — | — | — | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 3,107,196 | $ | 3,372,033 | $ | 5,726,929 | $ | 68,968 | $ | 11,114,760 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 71,231 | 79,003 | 91,548 | 1,908 | 161,063 | ||||||||||||||||||||||||
Contract liability | $ | 3,107,196 | $ | 3,372,033 | $ | 5,726,929 | $ | 68,968 | $ | 11,114,760 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-14 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Putnam VT Global Asset Allocation Fund (Class IA) | Putnam VT Focused International Equity Fund (Class IA) | Putnam VT Global Health Care Fund (Class IA) | Putnam VT High Yield Fund (Class IA) | Putnam VT Income Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 15,560 | 252,028 | 57,777 | 890,666 | 456,651 | ||||||||||||||||||||||||
Cost | $ | 271,252 | $ | 4,109,058 | $ | 804,324 | $ | 6,193,942 | $ | 5,057,488 | |||||||||||||||||||
Fair Value | $ | 273,238 | $ | 3,656,933 | $ | 987,988 | $ | 4,996,634 | $ | 3,835,870 | |||||||||||||||||||
Due from Sponsor Company | — | 220 | — | 615 | 334 | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | — | — | ||||||||||||||||||||||||
Total assets | 273,238 | 3,657,153 | 987,988 | 4,997,249 | 3,836,204 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | — | — | ||||||||||||||||||||||||
Payable for fund shares purchased | — | 220 | — | 615 | 334 | ||||||||||||||||||||||||
Total liabilities | — | 220 | — | 615 | 334 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 273,238 | $ | 3,656,933 | $ | 987,988 | $ | 4,996,634 | $ | 3,835,870 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 3,415 | 52,884 | 13,733 | 80,614 | 97,764 | ||||||||||||||||||||||||
Contract liability | $ | 273,238 | $ | 3,656,933 | $ | 987,988 | $ | 4,996,634 | $ | 3,835,870 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-15 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Putnam VT International Equity Fund (Class IA) | Putnam VT Emerging Markets Equity Fund (Class IA) | Putnam VT International Value Fund (Class IA) | Putnam VT Core Equity Fund (Class IA) | Putnam VT Government Money Market Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 563,939 | 5,783 | 26,287 | 44,984 | 25,818 | ||||||||||||||||||||||||
Cost | $ | 8,603,634 | $ | 93,777 | $ | 330,429 | $ | 698,492 | $ | 25,818 | |||||||||||||||||||
Fair Value | $ | 8,729,772 | $ | 98,722 | $ | 313,601 | $ | 847,955 | $ | 25,818 | |||||||||||||||||||
Due from Sponsor Company | 1,344 | — | — | — | — | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | — | — | ||||||||||||||||||||||||
Total assets | 8,731,116 | 98,722 | 313,601 | 847,955 | 25,818 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | — | — | ||||||||||||||||||||||||
Payable for fund shares purchased | 1,344 | — | — | — | — | ||||||||||||||||||||||||
Total liabilities | 1,344 | — | — | — | — | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 8,729,772 | $ | 98,722 | $ | 313,601 | $ | 847,955 | $ | 25,818 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 267,464 | 3,728 | 9,914 | 15,919 | 12,984 | ||||||||||||||||||||||||
Contract liability | $ | 8,729,772 | $ | 98,722 | $ | 313,601 | $ | 847,955 | $ | 25,818 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-16 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Putnam VT Sustainable Leaders Fund (Class IA) | Putnam VT Small Cap Value Fund (Class IB) | Templeton Foreign VIP Fund (Class 2) | Templeton Global Bond VIP Fund (Class 2) | Templeton Growth VIP Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 296,984 | 682,776 | 120,070 | 671,482 | 835,454 | ||||||||||||||||||||||||
Cost | $ | 9,700,684 | $ | 8,446,371 | $ | 1,706,205 | $ | 11,103,875 | $ | 10,905,587 | |||||||||||||||||||
Fair Value | $ | 12,286,219 | $ | 7,804,125 | $ | 1,709,797 | $ | 8,621,824 | $ | 10,017,092 | |||||||||||||||||||
Due from Sponsor Company | 619 | 1,938 | — | — | — | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | 3,429 | — | ||||||||||||||||||||||||
Total assets | 12,286,838 | 7,806,063 | 1,709,797 | 8,625,253 | 10,017,092 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | 3,429 | — | ||||||||||||||||||||||||
Payable for fund shares purchased | 619 | 1,938 | — | — | — | ||||||||||||||||||||||||
Total liabilities | 619 | 1,938 | — | 3,429 | — | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 12,286,219 | $ | 7,804,125 | $ | 1,709,797 | $ | 8,621,824 | $ | 10,017,092 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 95,060 | 227,314 | 66,025 | 500,557 | 509,126 | ||||||||||||||||||||||||
Contract liability | $ | 12,286,219 | $ | 7,804,125 | $ | 1,709,797 | $ | 8,621,824 | $ | 10,017,092 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-17 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Morgan Stanley VIF Discovery Portfolio (Class II) | Putnam VT Large Cap Growth Fund (Class IA) | BlackRock S&P 500 Index V.I. Fund (Class I) | Fidelity® VIP Equity-Income Portfolio (Service Class 2) | Putnam VT Diversified Income Fund (Class IB) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 928,393 | 1,725,092 | 2,790,086 | 373,237 | 457,528 | ||||||||||||||||||||||||
Cost | $ | 8,794,277 | $ | 17,076,724 | $ | 68,279,996 | $ | 8,339,179 | $ | 2,711,968 | |||||||||||||||||||
Fair Value | $ | 3,759,990 | $ | 24,220,287 | $ | 82,586,550 | $ | 8,924,089 | $ | 2,127,504 | |||||||||||||||||||
Due from Sponsor Company | 1,145 | — | 14,225 | — | 13 | ||||||||||||||||||||||||
Receivable for fund shares sold | — | 63,409 | — | 47,008 | — | ||||||||||||||||||||||||
Total assets | 3,761,135 | 24,283,696 | 82,600,775 | 8,971,097 | 2,127,517 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | 63,409 | — | 47,008 | — | ||||||||||||||||||||||||
Payable for fund shares purchased | 1,145 | — | 14,225 | — | 13 | ||||||||||||||||||||||||
Total liabilities | 1,145 | 63,409 | 14,225 | 47,008 | 13 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 3,759,990 | $ | 24,220,287 | $ | 82,586,550 | $ | 8,924,089 | $ | 2,127,504 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 98,761 | 720,289 | 4,252,041 | 247,687 | 126,189 | ||||||||||||||||||||||||
Contract liability | $ | 3,759,990 | $ | 24,220,287 | $ | 82,586,550 | $ | 8,924,089 | $ | 2,127,504 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-18 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Putnam VT Large Cap Value Fund (Class IB) | Putnam VT Focused International Equity Fund (Class IB) | Putnam VT High Yield Fund (Class IB) | Putnam VT Income Fund (Class IB) | Putnam VT International Equity Fund (Class IB) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 438,790 | 35,885 | 1,481,741 | 908,431 | 307,528 | ||||||||||||||||||||||||
Cost | $ | 9,981,721 | $ | 482,909 | $ | 9,021,031 | $ | 9,955,920 | $ | 4,380,926 | |||||||||||||||||||
Fair Value | $ | 12,645,914 | $ | 511,721 | $ | 8,223,660 | $ | 7,530,892 | $ | 4,695,959 | |||||||||||||||||||
Due from Sponsor Company | 1,365 | — | 194 | 265 | 114 | ||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | — | — | ||||||||||||||||||||||||
Total assets | 12,647,279 | 511,721 | 8,223,854 | 7,531,157 | 4,696,073 | ||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | — | — | ||||||||||||||||||||||||
Payable for fund shares purchased | 1,365 | — | 194 | 265 | 114 | ||||||||||||||||||||||||
Total liabilities | 1,365 | — | 194 | 265 | 114 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 12,645,914 | $ | 511,721 | $ | 8,223,660 | $ | 7,530,892 | $ | 4,695,959 | |||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 182,028 | 13,031 | 252,365 | 384,354 | 153,328 | ||||||||||||||||||||||||
Contract liability | $ | 12,645,914 | $ | 511,721 | $ | 8,223,660 | $ | 7,530,892 | $ | 4,695,959 | |||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-19 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Assets and Liabilities | ||
December 31, 2023 |
Putnam VT Sustainable Leaders Fund (Class IB) | Putnam VT Large Cap Growth Fund (Class IB) | Invesco V.I. Discovery Mid Cap Growth Fund (Series I) | |||||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||||||
Investments: | |||||||||||||||||||||||||||||
Number of shares | 72,126 | 729,507 | 36,518 | ||||||||||||||||||||||||||
Cost | $ | 2,555,005 | $ | 8,139,785 | $ | 2,578,856 | |||||||||||||||||||||||
Fair Value | $ | 2,856,189 | $ | 9,833,753 | $ | 2,293,716 | |||||||||||||||||||||||
Due from Sponsor Company | 1,121 | 1,289 | — | ||||||||||||||||||||||||||
Receivable for fund shares sold | — | — | — | ||||||||||||||||||||||||||
Total assets | 2,857,310 | 9,835,042 | 2,293,716 | ||||||||||||||||||||||||||
Liabilities: | |||||||||||||||||||||||||||||
Due to Sponsor Company | — | — | — | ||||||||||||||||||||||||||
Payable for fund shares purchased | 1,121 | 1,289 | — | ||||||||||||||||||||||||||
Total liabilities | 1,121 | 1,289 | — | ||||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
For contract liabilities | $ | 2,856,189 | $ | 9,833,753 | $ | 2,293,716 | |||||||||||||||||||||||
Deferred contracts in the accumulation period: | |||||||||||||||||||||||||||||
Units owned by participants # | 37,175 | 293,811 | 169,070 | ||||||||||||||||||||||||||
Contract liability | $ | 2,856,189 | $ | 9,833,753 | $ | 2,293,716 | |||||||||||||||||||||||
# Rounded units | |||||||||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-20 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
AB VPS Sustainable International Thematic Portfolio (Class B) | AB VPS International Value Portfolio (Class B) | AB VPS Discovery Value Portfolio (Class B) | American Funds IS Asset Allocation Fund (Class 2) | American Funds IS Washington Mutual Investors Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | — | $ | 28,041 | $ | 108,301 | $ | 2,104,731 | $ | 1,395,486 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (47,125) | (116,994) | (107,721) | 650,762 | 255,707 | ||||||||||||||||||||||||
Net realized gain distributions | 52,124 | — | 1,138,662 | 3,681,045 | 684,940 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 154,240 | 647,204 | 952,072 | 6,284,627 | 9,620,959 | ||||||||||||||||||||||||
Net gain (loss) on investments | 159,239 | 530,210 | 1,983,013 | 10,616,434 | 10,561,606 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 159,239 | $ | 558,251 | $ | 2,091,314 | $ | 12,721,165 | $ | 11,957,092 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-21 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
American Funds IS The Bond Fund of America® (Class 2) | American Funds IS Global Growth Fund (Class 2) | American Funds IS Global Small Capitalization Fund (Class 2) | American Funds IS Growth Fund (Class 2) | American Funds IS Growth-Income Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 1,464,226 | $ | 738,973 | $ | 73,202 | $ | 1,324,457 | $ | 3,479,993 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (495,424) | 1,236,682 | (267,002) | 3,940,610 | 3,317,651 | ||||||||||||||||||||||||
Net realized gain distributions | — | 6,297,176 | 364,900 | 20,611,860 | 13,364,439 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 1,108,124 | 8,344,764 | 4,010,618 | 91,968,330 | 38,729,536 | ||||||||||||||||||||||||
Net gain (loss) on investments | 612,700 | 15,878,622 | 4,108,516 | 116,520,800 | 55,411,626 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 2,076,926 | $ | 16,617,595 | $ | 4,181,718 | $ | 117,845,257 | $ | 58,891,619 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-22 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
American Funds IS International Fund (Class 2) | American Funds IS New World Fund® (Class 2) | Fidelity® VIP Asset Manager Portfolio (Initial Class) | Fidelity® VIP Equity-Income Portfolio (Initial Class) | Fidelity® VIP Freedom 2010 Portfolio (Service Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 713,203 | $ | 459,166 | $ | 14,419 | $ | 558,475 | $ | 174,555 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (387,160) | 226,958 | (6,361) | 153,789 | (40,605) | ||||||||||||||||||||||||
Net realized gain distributions | — | — | 6,974 | 838,296 | 320,600 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 7,638,447 | 3,970,420 | 61,752 | 1,414,736 | (46,527) | ||||||||||||||||||||||||
Net gain (loss) on investments | 7,251,287 | 4,197,378 | 62,365 | 2,406,821 | 233,468 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 7,964,490 | $ | 4,656,544 | $ | 76,784 | $ | 2,965,296 | $ | 408,023 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-23 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Fidelity® VIP Freedom 2020 Portfolio (Service Class 2) | Fidelity® VIP Freedom 2030 Portfolio (Service Class 2) | Fidelity® VIP Government Money Market Portfolio (Service Class) | Fidelity® VIP Contrafund® Portfolio (Service Class 2) | Fidelity® VIP Mid Cap Portfolio (Service Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 77,017 | $ | 148,071 | $ | 1,615,231 | $ | 163,972 | $ | 127,090 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (32,815) | (7,756) | — | 945,855 | (40,466) | ||||||||||||||||||||||||
Net realized gain distributions | 12,267 | — | — | 2,308,159 | 947,109 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 247,524 | 763,527 | — | 14,288,944 | 3,544,324 | ||||||||||||||||||||||||
Net gain (loss) on investments | 226,976 | 755,771 | — | 17,542,958 | 4,450,967 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 303,993 | $ | 903,842 | $ | 1,615,231 | $ | 17,706,930 | $ | 4,578,057 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-24 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Fidelity® VIP Overseas Portfolio (Initial Class) | Franklin Income VIP Fund (Class 2) | Franklin Mutual Global Discovery VIP Fund (Class 2) | Franklin Mutual Shares VIP Fund (Class 2) | Franklin Small Cap Value VIP Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 4,218 | $ | 1,897,715 | $ | 653,693 | $ | 682,161 | $ | 149,481 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | 3,491 | (252,058) | (141,467) | (449,757) | (396,677) | ||||||||||||||||||||||||
Net realized gain distributions | 1,067 | 2,300,638 | 1,422,601 | 3,139,790 | 1,620,528 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 66,254 | (913,382) | 2,960,268 | 1,257,690 | 2,091,610 | ||||||||||||||||||||||||
Net gain (loss) on investments | 70,812 | 1,135,198 | 4,241,402 | 3,947,723 | 3,315,461 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 75,030 | $ | 3,032,913 | $ | 4,895,095 | $ | 4,629,884 | $ | 3,464,942 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-25 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Franklin Strategic Income VIP Fund (Class 1) | Putnam VT George Putnam Balanced Fund (Class IA) | Hartford Balanced HLS Fund (Class IA) | Hartford Capital Appreciation HLS Fund (Class IA) | Hartford Disciplined Equity HLS Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 363,834 | $ | 4,885 | $ | 1,352,644 | $ | 1,719,966 | $ | 806,915 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (238,414) | 3,725 | 64,997 | (1,353,281) | 688,016 | ||||||||||||||||||||||||
Net realized gain distributions | — | — | 2,044,127 | 3,373,267 | 630,453 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 485,500 | 51,931 | 6,464,715 | 32,451,639 | 16,523,746 | ||||||||||||||||||||||||
Net gain (loss) on investments | 247,086 | 55,656 | 8,573,839 | 34,471,625 | 17,842,215 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 610,920 | $ | 60,541 | $ | 9,926,483 | $ | 36,191,591 | $ | 18,649,130 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-26 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Hartford Dividend and Growth HLS Fund (Class IA) | Hartford International Opportunities HLS Fund (Class IA) | Hartford MidCap HLS Fund (Class IA) | Hartford Small Company HLS Fund (Class IA) | Hartford Stock HLS Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 2,637,138 | $ | 525,359 | $ | 31,314 | $ | — | $ | 1,267,999 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | 394,028 | 158,007 | (976,497) | (778,654) | 2,280,264 | ||||||||||||||||||||||||
Net realized gain distributions | 14,584,416 | — | 5,204,265 | — | 4,689,839 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 4,735,264 | 4,255,930 | 5,791,354 | 5,287,214 | (1,026,382) | ||||||||||||||||||||||||
Net gain (loss) on investments | 19,713,708 | 4,413,937 | 10,019,122 | 4,508,560 | 5,943,721 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 22,350,846 | $ | 4,939,296 | $ | 10,050,436 | $ | 4,508,560 | $ | 7,211,720 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-27 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Hartford Total Return Bond HLS Fund (Class IA) | Hartford Ultrashort Bond HLS Fund (Class IA) | Invesco V.I. American Franchise Fund (Series I) | Invesco V.I. American Value Fund (Series II) | Invesco V.I. Balanced-Risk Allocation Fund (Series I) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 2,596,230 | $ | 444,776 | $ | — | $ | 11,798 | $ | — | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (1,047,319) | 50,964 | (23,281) | (59,990) | (30,744) | ||||||||||||||||||||||||
Net realized gain distributions | — | — | 72,537 | 657,130 | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 3,576,381 | 1,249,948 | 1,016,984 | (187,634) | 236,119 | ||||||||||||||||||||||||
Net gain (loss) on investments | 2,529,062 | 1,300,912 | 1,066,240 | 409,506 | 205,375 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 5,125,292 | $ | 1,745,688 | $ | 1,066,240 | $ | 421,304 | $ | 205,375 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-28 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Invesco V.I. Comstock Fund (Series II) | Invesco V.I. Core Equity Fund (Series I) | Invesco V.I. EQV International Equity Fund (Series I) | Invesco V.I. Main Street Mid Cap Fund® (Series I) | Invesco V.I. Small Cap Equity Fund (Series I) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 476,773 | $ | 6,135 | $ | 8,316 | $ | 25,935 | $ | — | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | 488,828 | (24,209) | (12,324) | (157,138) | (47,845) | ||||||||||||||||||||||||
Net realized gain distributions | 3,433,589 | 19,798 | 3,114 | — | 90,103 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (950,136) | 188,705 | 699,191 | 1,355,756 | 701,371 | ||||||||||||||||||||||||
Net gain (loss) on investments | 2,972,281 | 184,294 | 689,981 | 1,198,618 | 743,629 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 3,449,054 | $ | 190,429 | $ | 698,297 | $ | 1,224,553 | $ | 743,629 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-29 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Lord Abbett Bond Debenture Portfolio (Class VC) | Lord Abbett Dividend Growth Portfolio (Class VC) | Lord Abbett Growth and Income Portfolio (Class VC) | MFS® Investors Trust Series (Initial Class) | MFS® New Discovery Series (Initial Class) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 347,980 | $ | 97,243 | $ | 103,051 | $ | 22,497 | $ | — | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (100,590) | (1,248) | 38,803 | 47,369 | (203,193) | ||||||||||||||||||||||||
Net realized gain distributions | — | 679,412 | 223,802 | 173,131 | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 181,691 | 1,004,619 | 990,430 | 299,980 | 1,224,683 | ||||||||||||||||||||||||
Net gain (loss) on investments | 81,101 | 1,682,783 | 1,253,035 | 520,480 | 1,021,490 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 429,081 | $ | 1,780,026 | $ | 1,356,086 | $ | 542,977 | $ | 1,021,490 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-30 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
MFS® Total Return Bond Series (Initial Class) | MFS® Total Return Series (Initial Class) | MFS® Value Series (Initial Class) | Invesco V.I. Capital Appreciation Fund (Series II) | Invesco V.I. Global Fund (Series II) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 287,009 | $ | 516,282 | $ | 221,293 | $ | — | $ | — | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (188,376) | 29,693 | 125,987 | (50,242) | (30,154) | ||||||||||||||||||||||||
Net realized gain distributions | — | 1,075,266 | 930,156 | — | 1,350,032 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 546,610 | 936,176 | (238,580) | 829,767 | 1,973,923 | ||||||||||||||||||||||||
Net gain (loss) on investments | 358,234 | 2,041,135 | 817,563 | 779,525 | 3,293,801 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 645,243 | $ | 2,557,417 | $ | 1,038,856 | $ | 779,525 | $ | 3,293,801 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-31 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Invesco V.I. Main Street Fund® (Series II) | Invesco V.I. Main Street Small Cap Fund® (Series II) | Putnam VT Small Cap Growth Fund (Class IB) | Putnam VT Diversified Income Fund (Class IA) | Putnam VT Large Cap Value Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 14,312 | $ | 29,388 | $ | — | $ | 4,409 | $ | 231,181 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (52,178) | 3,301 | (28,431) | (7,332) | 93,744 | ||||||||||||||||||||||||
Net realized gain distributions | 204,345 | — | — | — | 582,518 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 426,814 | 483,283 | 1,155,155 | 6,165 | 650,628 | ||||||||||||||||||||||||
Net gain (loss) on investments | 578,981 | 486,584 | 1,126,724 | (1,167) | 1,326,890 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 593,293 | $ | 515,972 | $ | 1,126,724 | $ | 3,242 | $ | 1,558,071 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-32 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Putnam VT Global Asset Allocation Fund (Class IA) | Putnam VT Focused International Equity Fund (Class IA) | Putnam VT Global Health Care Fund (Class IA) | Putnam VT High Yield Fund (Class IA) | Putnam VT Income Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 4,594 | $ | 31,215 | $ | 4,946 | $ | 259,914 | $ | 235,553 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (723) | (39,892) | 12,513 | (140,130) | (217,040) | ||||||||||||||||||||||||
Net realized gain distributions | — | — | 71,381 | — | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 38,013 | 609,965 | (4,340) | 438,142 | 166,831 | ||||||||||||||||||||||||
Net gain (loss) on investments | 37,290 | 570,073 | 79,554 | 298,012 | (50,209) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 41,884 | $ | 601,288 | $ | 84,500 | $ | 557,926 | $ | 185,344 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-33 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Putnam VT International Equity Fund (Class IA) | Putnam VT Emerging Markets Equity Fund (Class IA) | Putnam VT International Value Fund (Class IA) | Putnam VT Core Equity Fund (Class IA) | Putnam VT Government Money Market Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 23,263 | $ | 733 | $ | 4,968 | $ | 5,961 | $ | 1,176 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (85,767) | (8) | (2,223) | 3,756 | — | ||||||||||||||||||||||||
Net realized gain distributions | — | — | — | 69,752 | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 1,520,451 | 10,082 | 49,078 | 112,585 | — | ||||||||||||||||||||||||
Net gain (loss) on investments | 1,434,684 | 10,074 | 46,855 | 186,093 | — | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 1,457,947 | $ | 10,807 | $ | 51,823 | $ | 192,054 | $ | 1,176 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-34 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Putnam VT Sustainable Leaders Fund (Class IA) | Putnam VT Small Cap Value Fund (Class IB) | Templeton Foreign VIP Fund (Class 2) | Templeton Global Bond VIP Fund (Class 2) | Templeton Growth VIP Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 83,405 | $ | 10,813 | $ | 51,925 | $ | — | $ | 320,811 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | 118,714 | (190,431) | (13,029) | (319,100) | (171,257) | ||||||||||||||||||||||||
Net realized gain distributions | 341,447 | 832,582 | — | — | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 2,116,551 | 882,228 | 267,377 | 550,681 | 1,678,411 | ||||||||||||||||||||||||
Net gain (loss) on investments | 2,576,712 | 1,524,379 | 254,348 | 231,581 | 1,507,154 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 2,660,117 | $ | 1,535,192 | $ | 306,273 | $ | 231,581 | $ | 1,827,965 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-35 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Morgan Stanley VIF Discovery Portfolio (Class II) | Putnam VT Large Cap Growth Fund (Class IA) | BlackRock S&P 500 Index V.I. Fund (Class I) | Fidelity® VIP Equity-Income Portfolio (Service Class 2) | Putnam VT Diversified Income Fund (Class IB) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | — | $ | — | $ | 1,036,220 | $ | 151,411 | $ | 124,960 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (753,303) | 319,464 | 535,958 | 29,177 | (30,773) | ||||||||||||||||||||||||
Net realized gain distributions | — | 276,364 | 3,040,169 | 259,820 | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 1,932,587 | 7,087,131 | 12,836,572 | 417,448 | 3,683 | ||||||||||||||||||||||||
Net gain (loss) on investments | 1,179,284 | 7,682,959 | 16,412,699 | 706,445 | (27,090) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 1,179,284 | $ | 7,682,959 | $ | 17,448,919 | $ | 857,856 | $ | 97,870 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-36 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Putnam VT Large Cap Value Fund (Class IB) | Putnam VT Focused International Equity Fund (Class IB) | Putnam VT High Yield Fund (Class IB) | Putnam VT Income Fund (Class IB) | Putnam VT International Equity Fund (Class IB) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 238,472 | $ | 3,104 | $ | 411,759 | $ | 421,231 | $ | 1,505 | |||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | 189,447 | (574) | (222,428) | (191,994) | (1,560) | ||||||||||||||||||||||||
Net realized gain distributions | 668,477 | — | — | — | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 642,071 | 77,750 | 728,041 | 109,840 | 727,005 | ||||||||||||||||||||||||
Net gain (loss) on investments | 1,499,995 | 77,176 | 505,613 | (82,154) | 725,445 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 1,738,467 | $ | 80,280 | $ | 917,372 | $ | 339,077 | $ | 726,950 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-37 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Operations | ||
For the Period Ended December 31, 2023 |
Putnam VT Sustainable Leaders Fund (Class IB) | Putnam VT Large Cap Growth Fund (Class IB) | Invesco V.I. Discovery Mid Cap Growth Fund (Series I) | |||||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||||
Investment Income: | |||||||||||||||||||||||||||||
Dividends | $ | 13,635 | $ | — | $ | — | |||||||||||||||||||||||
Net realized and unrealized gain (loss) on investments: | |||||||||||||||||||||||||||||
Net realized gain (loss) on security transactions | (1,321) | 43,651 | (61,395) | ||||||||||||||||||||||||||
Net realized gain distributions | 83,580 | 107,946 | — | ||||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 523,986 | 2,781,065 | 336,052 | ||||||||||||||||||||||||||
Net gain (loss) on investments | 606,245 | 2,932,662 | 274,657 | ||||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 619,880 | $ | 2,932,662 | $ | 274,657 | |||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-38 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
AB VPS Sustainable International Thematic Portfolio (Class B) | AB VPS International Value Portfolio (Class B) | AB VPS Discovery Value Portfolio (Class B) | American Funds IS Asset Allocation Fund (Class 2) | American Funds IS Washington Mutual Investors Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | — | $ | 28,041 | $ | 108,301 | $ | 2,104,731 | $ | 1,395,486 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (47,125) | (116,994) | (107,721) | 650,762 | 255,707 | ||||||||||||||||||||||||
Net realized gain distributions | 52,124 | — | 1,138,662 | 3,681,045 | 684,940 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 154,240 | 647,204 | 952,072 | 6,284,627 | 9,620,959 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 159,239 | 558,251 | 2,091,314 | 12,721,165 | 11,957,092 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | — | — | 318,773 | 2,417,563 | 1,601,600 | ||||||||||||||||||||||||
Net transfers | (3,998) | (34,507) | 33,371 | (91,277) | 125,216 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (73,010) | (112,011) | (303,693) | (2,954,703) | (1,623,561) | ||||||||||||||||||||||||
Other transactions | — | — | — | (162) | (46) | ||||||||||||||||||||||||
Death benefits | (44,712) | (19,748) | (61,760) | (1,164,853) | (670,016) | ||||||||||||||||||||||||
Net loan activity | (1,090) | (27,816) | (59,515) | (47,589) | (460,448) | ||||||||||||||||||||||||
Cost of insurance and other fees | (36,222) | (130,233) | (417,722) | (4,155,018) | (2,731,424) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (159,032) | (324,315) | (490,546) | (5,996,039) | (3,758,679) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 207 | 233,936 | 1,600,768 | 6,725,126 | 8,198,413 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 1,374,427 | 3,869,962 | 12,685,138 | 92,929,307 | 71,625,291 | ||||||||||||||||||||||||
End of period | $ | 1,374,634 | $ | 4,103,898 | $ | 14,285,906 | $ | 99,654,433 | $ | 79,823,704 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-39 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
American Funds IS The Bond Fund of America® (Class 2) | American Funds IS Global Growth Fund (Class 2) | American Funds IS Global Small Capitalization Fund (Class 2) | American Funds IS Growth Fund (Class 2) | American Funds IS Growth-Income Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 1,464,226 | $ | 738,973 | $ | 73,202 | $ | 1,324,457 | $ | 3,479,993 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (495,424) | 1,236,682 | (267,002) | 3,940,610 | 3,317,651 | ||||||||||||||||||||||||
Net realized gain distributions | — | 6,297,176 | 364,900 | 20,611,860 | 13,364,439 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 1,108,124 | 8,344,764 | 4,010,618 | 91,968,330 | 38,729,536 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 2,076,926 | 16,617,595 | 4,181,718 | 117,845,257 | 58,891,619 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 1,793,017 | 1,616,752 | 897,580 | 6,445,934 | 5,106,805 | ||||||||||||||||||||||||
Net transfers | 1,110,270 | (432,221) | 514,935 | (785,354) | (393,572) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (1,423,320) | (2,338,686) | (1,021,721) | (9,257,838) | (6,532,471) | ||||||||||||||||||||||||
Other transactions | (113) | (151) | 368 | (1,593) | (1,215) | ||||||||||||||||||||||||
Death benefits | (790,448) | (1,144,214) | (553,686) | (4,648,254) | (4,159,885) | ||||||||||||||||||||||||
Net loan activity | (288,386) | (307,197) | (90,370) | (2,605,358) | (1,150,303) | ||||||||||||||||||||||||
Cost of insurance and other fees | (1,932,419) | (2,545,555) | (1,015,308) | (11,384,905) | (8,224,655) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (1,531,399) | (5,151,272) | (1,268,202) | (22,237,368) | (15,355,296) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 545,527 | 11,466,323 | 2,913,516 | 95,607,889 | 43,536,323 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 42,600,597 | 76,143,938 | 26,554,354 | 315,988,561 | 233,080,793 | ||||||||||||||||||||||||
End of period | $ | 43,146,124 | $ | 87,610,261 | $ | 29,467,870 | $ | 411,596,450 | $ | 276,617,116 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-40 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
American Funds IS International Fund (Class 2) | American Funds IS New World Fund® (Class 2) | Fidelity® VIP Asset Manager Portfolio (Initial Class) | Fidelity® VIP Equity-Income Portfolio (Initial Class) | Fidelity® VIP Freedom 2010 Portfolio (Service Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 713,203 | $ | 459,166 | $ | 14,419 | $ | 558,475 | $ | 174,555 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (387,160) | 226,958 | (6,361) | 153,789 | (40,605) | ||||||||||||||||||||||||
Net realized gain distributions | — | — | 6,974 | 838,296 | 320,600 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 7,638,447 | 3,970,420 | 61,752 | 1,414,736 | (46,527) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 7,964,490 | 4,656,544 | 76,784 | 2,965,296 | 408,023 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 2,013,316 | 1,228,216 | — | 650,362 | 41,175 | ||||||||||||||||||||||||
Net transfers | (594,397) | 30,080 | 5,470 | (725,984) | (65,984) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (1,107,379) | (1,146,703) | (8,700) | (607,591) | (22,483) | ||||||||||||||||||||||||
Other transactions | (30) | 37 | — | 168 | 26 | ||||||||||||||||||||||||
Death benefits | (821,930) | (319,582) | (34,855) | (180,898) | (48,038) | ||||||||||||||||||||||||
Net loan activity | (221,005) | (190,502) | (616) | 76,357 | (35,395) | ||||||||||||||||||||||||
Cost of insurance and other fees | (2,157,184) | (1,183,542) | (35,618) | (1,241,900) | (104,510) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (2,888,609) | (1,581,996) | (74,319) | (2,029,486) | (235,209) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 5,075,881 | 3,074,548 | 2,465 | 935,810 | 172,814 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 51,807,308 | 29,936,912 | 634,907 | 29,409,920 | 4,610,559 | ||||||||||||||||||||||||
End of period | $ | 56,883,189 | $ | 33,011,460 | $ | 637,372 | $ | 30,345,730 | $ | 4,783,373 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-41 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Fidelity® VIP Freedom 2020 Portfolio (Service Class 2) | Fidelity® VIP Freedom 2030 Portfolio (Service Class 2) | Fidelity® VIP Government Money Market Portfolio (Service Class) | Fidelity® VIP Contrafund® Portfolio (Service Class 2) | Fidelity® VIP Mid Cap Portfolio (Service Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 77,017 | $ | 148,071 | $ | 1,615,231 | $ | 163,972 | $ | 127,090 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (32,815) | (7,756) | — | 945,855 | (40,466) | ||||||||||||||||||||||||
Net realized gain distributions | 12,267 | — | — | 2,308,159 | 947,109 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 247,524 | 763,527 | — | 14,288,944 | 3,544,324 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 303,993 | 903,842 | 1,615,231 | 17,706,930 | 4,578,057 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 68,671 | 146,732 | 4,404,832 | 1,445,819 | 887,018 | ||||||||||||||||||||||||
Net transfers | 1,332,610 | 1,298,621 | 6,637,386 | (248,354) | 184,031 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (20,000) | (85,795) | (8,023,185) | (2,315,942) | (1,101,101) | ||||||||||||||||||||||||
Other transactions | — | — | (113) | (133) | (29) | ||||||||||||||||||||||||
Death benefits | (71,392) | (92,842) | (109,247) | (633,790) | (232,717) | ||||||||||||||||||||||||
Net loan activity | (43) | (10,442) | 110,263 | (289,200) | (149,841) | ||||||||||||||||||||||||
Cost of insurance and other fees | (90,526) | (192,233) | (2,789,486) | (2,201,738) | (1,186,005) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | 1,219,320 | 1,064,041 | 230,450 | (4,243,338) | (1,598,644) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 1,523,313 | 1,967,883 | 1,845,681 | 13,463,592 | 2,979,413 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 1,704,520 | 5,379,508 | 33,908,393 | 55,738,029 | 31,840,129 | ||||||||||||||||||||||||
End of period | $ | 3,227,833 | $ | 7,347,391 | $ | 35,754,074 | $ | 69,201,621 | $ | 34,819,542 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-42 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Fidelity® VIP Overseas Portfolio (Initial Class) | Franklin Income VIP Fund (Class 2) | Franklin Mutual Global Discovery VIP Fund (Class 2) | Franklin Mutual Shares VIP Fund (Class 2) | Franklin Small Cap Value VIP Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 4,218 | $ | 1,897,715 | $ | 653,693 | $ | 682,161 | $ | 149,481 | |||||||||||||||||||
Net realized gain (loss) on security transactions | 3,491 | (252,058) | (141,467) | (449,757) | (396,677) | ||||||||||||||||||||||||
Net realized gain distributions | 1,067 | 2,300,638 | 1,422,601 | 3,139,790 | 1,620,528 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 66,254 | (913,382) | 2,960,268 | 1,257,690 | 2,091,610 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 75,030 | 3,032,913 | 4,895,095 | 4,629,884 | 3,464,942 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | — | 1,167,600 | 1,062,315 | — | 730,816 | ||||||||||||||||||||||||
Net transfers | — | (217,352) | 104,248 | (344,957) | 99,367 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (6,792) | (793,931) | (801,392) | (859,025) | (893,876) | ||||||||||||||||||||||||
Other transactions | — | (2) | 25 | (27) | — | ||||||||||||||||||||||||
Death benefits | — | (583,328) | (337,358) | (435,886) | (456,179) | ||||||||||||||||||||||||
Net loan activity | (15) | (106,170) | 51,316 | (132,170) | (223,011) | ||||||||||||||||||||||||
Cost of insurance and other fees | (16,677) | (1,616,589) | (1,133,020) | (1,279,006) | (1,010,756) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (23,484) | (2,149,772) | (1,053,866) | (3,051,071) | (1,753,639) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 51,546 | 883,141 | 3,841,229 | 1,578,813 | 1,711,303 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 376,784 | 36,711,936 | 24,613,607 | 36,517,952 | 28,507,730 | ||||||||||||||||||||||||
End of period | $ | 428,330 | $ | 37,595,077 | $ | 28,454,836 | $ | 38,096,765 | $ | 30,219,033 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-43 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Franklin Strategic Income VIP Fund (Class 1) | Putnam VT George Putnam Balanced Fund (Class IA) | Hartford Balanced HLS Fund (Class IA) | Hartford Capital Appreciation HLS Fund (Class IA) | Hartford Disciplined Equity HLS Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 363,834 | $ | 4,885 | $ | 1,352,644 | $ | 1,719,966 | $ | 806,915 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (238,414) | 3,725 | 64,997 | (1,353,281) | 688,016 | ||||||||||||||||||||||||
Net realized gain distributions | — | — | 2,044,127 | 3,373,267 | 630,453 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 485,500 | 51,931 | 6,464,715 | 32,451,639 | 16,523,746 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 610,920 | 60,541 | 9,926,483 | 36,191,591 | 18,649,130 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 224,632 | — | 2,481,709 | 4,665,895 | 1,828,743 | ||||||||||||||||||||||||
Net transfers | 22,569 | 38 | (258,316) | (1,826,523) | (1,076,427) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (411,666) | (1,929) | (1,794,376) | (6,329,307) | (2,874,854) | ||||||||||||||||||||||||
Other transactions | (26) | — | 208 | (225) | 155 | ||||||||||||||||||||||||
Death benefits | (124,632) | (6,668) | (1,013,671) | (2,527,893) | (1,054,916) | ||||||||||||||||||||||||
Net loan activity | (155,571) | (2,301) | (232,679) | (579,438) | (1,000,313) | ||||||||||||||||||||||||
Cost of insurance and other fees | (324,763) | (14,193) | (4,039,409) | (7,710,485) | (3,142,101) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (769,457) | (25,053) | (4,856,534) | (14,307,976) | (7,319,713) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (158,537) | 35,488 | 5,069,949 | 21,883,615 | 11,329,417 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 7,777,620 | 310,029 | 70,156,913 | 188,775,316 | 91,938,323 | ||||||||||||||||||||||||
End of period | $ | 7,619,083 | $ | 345,517 | $ | 75,226,862 | $ | 210,658,931 | $ | 103,267,740 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-44 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Hartford Dividend and Growth HLS Fund (Class IA) | Hartford International Opportunities HLS Fund (Class IA) | Hartford MidCap HLS Fund (Class IA) | Hartford Small Company HLS Fund (Class IA) | Hartford Stock HLS Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 2,637,138 | $ | 525,359 | $ | 31,314 | $ | — | $ | 1,267,999 | |||||||||||||||||||
Net realized gain (loss) on security transactions | 394,028 | 158,007 | (976,497) | (778,654) | 2,280,264 | ||||||||||||||||||||||||
Net realized gain distributions | 14,584,416 | — | 5,204,265 | — | 4,689,839 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 4,735,264 | 4,255,930 | 5,791,354 | 5,287,214 | (1,026,382) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 22,350,846 | 4,939,296 | 10,050,436 | 4,508,560 | 7,211,720 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 4,099,749 | 1,580,132 | 1,613,633 | 683,038 | 2,350,736 | ||||||||||||||||||||||||
Net transfers | (1,675,209) | (920,112) | (270,604) | 76,749 | (1,765,941) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (4,869,906) | (1,320,216) | (1,849,559) | (947,332) | (3,332,353) | ||||||||||||||||||||||||
Other transactions | 512 | (299) | 52 | (174) | (235) | ||||||||||||||||||||||||
Death benefits | (1,956,009) | (711,451) | (1,158,784) | (676,084) | (1,432,978) | ||||||||||||||||||||||||
Net loan activity | (1,172,105) | (351,037) | (342,785) | (228,483) | (638,685) | ||||||||||||||||||||||||
Cost of insurance and other fees | (6,053,959) | (1,871,195) | (2,711,772) | (1,117,563) | (4,191,818) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (11,626,927) | (3,594,178) | (4,719,819) | (2,209,849) | (9,011,274) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 10,723,919 | 1,345,118 | 5,330,617 | 2,298,711 | (1,799,554) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 165,472,630 | 43,899,286 | 70,478,959 | 28,300,939 | 100,907,817 | ||||||||||||||||||||||||
End of period | $ | 176,196,549 | $ | 45,244,404 | $ | 75,809,576 | $ | 30,599,650 | $ | 99,108,263 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-45 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Hartford Total Return Bond HLS Fund (Class IA) | Hartford Ultrashort Bond HLS Fund (Class IA) | Invesco V.I. American Franchise Fund (Series I) | Invesco V.I. American Value Fund (Series II) | Invesco V.I. Balanced-Risk Allocation Fund (Series I) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 2,596,230 | $ | 444,776 | $ | — | $ | 11,798 | $ | — | |||||||||||||||||||
Net realized gain (loss) on security transactions | (1,047,319) | 50,964 | (23,281) | (59,990) | (30,744) | ||||||||||||||||||||||||
Net realized gain distributions | — | — | 72,537 | 657,130 | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 3,576,381 | 1,249,948 | 1,016,984 | (187,634) | 236,119 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 5,125,292 | 1,745,688 | 1,066,240 | 421,304 | 205,375 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 3,120,248 | 3,616,573 | 114,065 | 95,922 | 89,251 | ||||||||||||||||||||||||
Net transfers | 979,603 | (543,216) | 259,675 | (4,294) | 8,723 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (2,684,183) | (2,649,884) | (12,959) | (267,796) | (21,546) | ||||||||||||||||||||||||
Other transactions | 1,350 | 915 | — | — | — | ||||||||||||||||||||||||
Death benefits | (1,077,650) | (795,654) | (236) | (193,783) | (9,130) | ||||||||||||||||||||||||
Net loan activity | (21,380) | 45,496 | (23,689) | 31,136 | 18,311 | ||||||||||||||||||||||||
Cost of insurance and other fees | (3,700,189) | (3,810,052) | (126,228) | (134,308) | (85,700) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (3,382,201) | (4,135,822) | 210,628 | (473,123) | (91) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 1,743,091 | (2,390,134) | 1,276,868 | (51,819) | 205,284 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 76,377,672 | 35,807,461 | 2,515,707 | 3,375,487 | 3,107,941 | ||||||||||||||||||||||||
End of period | $ | 78,120,763 | $ | 33,417,327 | $ | 3,792,575 | $ | 3,323,668 | $ | 3,313,225 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-46 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Invesco V.I. Comstock Fund (Series II) | Invesco V.I. Core Equity Fund (Series I) | Invesco V.I. EQV International Equity Fund (Series I) | Invesco V.I. Main Street Mid Cap Fund® (Series I) | Invesco V.I. Small Cap Equity Fund (Series I) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 476,773 | $ | 6,135 | $ | 8,316 | $ | 25,935 | $ | — | |||||||||||||||||||
Net realized gain (loss) on security transactions | 488,828 | (24,209) | (12,324) | (157,138) | (47,845) | ||||||||||||||||||||||||
Net realized gain distributions | 3,433,589 | 19,798 | 3,114 | — | 90,103 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (950,136) | 188,705 | 699,191 | 1,355,756 | 701,371 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 3,449,054 | 190,429 | 698,297 | 1,224,553 | 743,629 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 705,345 | — | 110,417 | — | 121,165 | ||||||||||||||||||||||||
Net transfers | (738,066) | 541 | (14,527) | (11,644) | 11,223 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (456,775) | (69,196) | (153,320) | (267,626) | (174,729) | ||||||||||||||||||||||||
Other transactions | — | — | — | — | — | ||||||||||||||||||||||||
Death benefits | (299,793) | (134,292) | (8,488) | (66,665) | (24,666) | ||||||||||||||||||||||||
Net loan activity | (135,814) | (923) | 40,526 | (13,951) | 726 | ||||||||||||||||||||||||
Cost of insurance and other fees | (1,043,831) | (26,631) | (130,975) | (271,307) | (161,503) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (1,968,934) | (230,501) | (156,367) | (631,193) | (227,784) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 1,480,120 | (40,072) | 541,930 | 593,360 | 515,845 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 30,075,846 | 936,948 | 3,951,064 | 8,836,936 | 4,685,933 | ||||||||||||||||||||||||
End of period | $ | 31,555,966 | $ | 896,876 | $ | 4,492,994 | $ | 9,430,296 | $ | 5,201,778 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-47 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Lord Abbett Bond Debenture Portfolio (Class VC) | Lord Abbett Dividend Growth Portfolio (Class VC) | Lord Abbett Growth and Income Portfolio (Class VC) | MFS® Investors Trust Series (Initial Class) | MFS® New Discovery Series (Initial Class) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 347,980 | $ | 97,243 | $ | 103,051 | $ | 22,497 | $ | — | |||||||||||||||||||
Net realized gain (loss) on security transactions | (100,590) | (1,248) | 38,803 | 47,369 | (203,193) | ||||||||||||||||||||||||
Net realized gain distributions | — | 679,412 | 223,802 | 173,131 | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 181,691 | 1,004,619 | 990,430 | 299,980 | 1,224,683 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 429,081 | 1,780,026 | 1,356,086 | 542,977 | 1,021,490 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 142,369 | 248,053 | 299,712 | 81,249 | 161,200 | ||||||||||||||||||||||||
Net transfers | 61,611 | (93,463) | (221,757) | 192,702 | (30,499) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (251,180) | (210,321) | (318,225) | (152,027) | (216,706) | ||||||||||||||||||||||||
Other transactions | — | — | — | — | — | ||||||||||||||||||||||||
Death benefits | (77,936) | (287,905) | (25,448) | (315,901) | (28,682) | ||||||||||||||||||||||||
Net loan activity | (12,023) | (17,752) | (16,143) | 15,277 | (21,056) | ||||||||||||||||||||||||
Cost of insurance and other fees | (200,233) | (373,351) | (386,029) | (172,426) | (260,421) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (337,392) | (734,739) | (667,890) | (351,126) | (396,164) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 91,689 | 1,045,287 | 688,196 | 191,851 | 625,326 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 6,829,020 | 11,468,346 | 10,719,282 | 2,998,393 | 7,306,555 | ||||||||||||||||||||||||
End of period | $ | 6,920,709 | $ | 12,513,633 | $ | 11,407,478 | $ | 3,190,244 | $ | 7,931,881 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-48 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
MFS® Total Return Bond Series (Initial Class) | MFS® Total Return Series (Initial Class) | MFS® Value Series (Initial Class) | Invesco V.I. Capital Appreciation Fund (Series II) | Invesco V.I. Global Fund (Series II) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 287,009 | $ | 516,282 | $ | 221,293 | $ | — | $ | — | |||||||||||||||||||
Net realized gain (loss) on security transactions | (188,376) | 29,693 | 125,987 | (50,242) | (30,154) | ||||||||||||||||||||||||
Net realized gain distributions | — | 1,075,266 | 930,156 | — | 1,350,032 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 546,610 | 936,176 | (238,580) | 829,767 | 1,973,923 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 645,243 | 2,557,417 | 1,038,856 | 779,525 | 3,293,801 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 263,415 | 790,697 | 247,208 | — | 335,002 | ||||||||||||||||||||||||
Net transfers | 514,339 | 31,751 | 34,354 | (167,000) | 261,184 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (542,925) | (1,324,789) | (388,967) | (67,742) | (485,748) | ||||||||||||||||||||||||
Other transactions | 26 | — | (26) | — | — | ||||||||||||||||||||||||
Death benefits | (345,952) | (138,149) | (223,222) | — | (95,674) | ||||||||||||||||||||||||
Net loan activity | (19,848) | (80,731) | 48,043 | (7,954) | (107,100) | ||||||||||||||||||||||||
Cost of insurance and other fees | (446,499) | (1,061,523) | (407,684) | (84,658) | (413,683) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (577,444) | (1,782,744) | (690,294) | (327,354) | (506,019) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 67,799 | 774,673 | 348,562 | 452,171 | 2,787,782 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 9,289,485 | 25,693,280 | 13,795,047 | 2,382,970 | 9,796,918 | ||||||||||||||||||||||||
End of period | $ | 9,357,284 | $ | 26,467,953 | $ | 14,143,609 | $ | 2,835,141 | $ | 12,584,700 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-49 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Invesco V.I. Main Street Fund® (Series II) | Invesco V.I. Main Street Small Cap Fund® (Series II) | Putnam VT Small Cap Growth Fund (Class IB) | Putnam VT Diversified Income Fund (Class IA) | Putnam VT Large Cap Value Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 14,312 | $ | 29,388 | $ | — | $ | 4,409 | $ | 231,181 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (52,178) | 3,301 | (28,431) | (7,332) | 93,744 | ||||||||||||||||||||||||
Net realized gain distributions | 204,345 | — | — | — | 582,518 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 426,814 | 483,283 | 1,155,155 | 6,165 | 650,628 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 593,293 | 515,972 | 1,126,724 | 3,242 | 1,558,071 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 77,725 | 61,461 | — | — | — | ||||||||||||||||||||||||
Net transfers | (13,177) | 68,535 | (163,179) | — | (2,124) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (105,493) | (36,082) | (121,060) | (6,826) | (170,807) | ||||||||||||||||||||||||
Other transactions | — | — | — | — | — | ||||||||||||||||||||||||
Death benefits | (2,563) | (29,707) | (21,925) | — | (18,696) | ||||||||||||||||||||||||
Net loan activity | (21,688) | (12,866) | (52,746) | (470) | (27,246) | ||||||||||||||||||||||||
Cost of insurance and other fees | (98,029) | (78,905) | (151,765) | (2,578) | (430,015) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (163,225) | (27,564) | (510,675) | (9,874) | (648,888) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 430,068 | 488,408 | 616,049 | (6,632) | 909,183 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 2,677,128 | 2,883,625 | 5,110,880 | 75,600 | 10,205,577 | ||||||||||||||||||||||||
End of period | $ | 3,107,196 | $ | 3,372,033 | $ | 5,726,929 | $ | 68,968 | $ | 11,114,760 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-50 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Putnam VT Global Asset Allocation Fund (Class IA) | Putnam VT Focused International Equity Fund (Class IA) | Putnam VT Global Health Care Fund (Class IA) | Putnam VT High Yield Fund (Class IA) | Putnam VT Income Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 4,594 | $ | 31,215 | $ | 4,946 | $ | 259,914 | $ | 235,553 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (723) | (39,892) | 12,513 | (140,130) | (217,040) | ||||||||||||||||||||||||
Net realized gain distributions | — | — | 71,381 | — | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 38,013 | 609,965 | (4,340) | 438,142 | 166,831 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 41,884 | 601,288 | 84,500 | 557,926 | 185,344 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | — | 114,850 | — | 141,812 | 142,947 | ||||||||||||||||||||||||
Net transfers | — | 85,815 | 40 | 89,783 | 94,772 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (248) | (29,514) | (18,127) | (150,971) | (285,261) | ||||||||||||||||||||||||
Other transactions | — | — | — | — | — | ||||||||||||||||||||||||
Death benefits | — | (16,950) | (17,406) | (77,475) | (97,026) | ||||||||||||||||||||||||
Net loan activity | — | (15,046) | (23,830) | (28,985) | (34,850) | ||||||||||||||||||||||||
Cost of insurance and other fees | (8,623) | (196,294) | (30,809) | (227,132) | (227,706) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (8,871) | (57,139) | (90,132) | (252,968) | (407,124) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 33,013 | 544,149 | (5,632) | 304,958 | (221,780) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 240,225 | 3,112,784 | 993,620 | 4,691,676 | 4,057,650 | ||||||||||||||||||||||||
End of period | $ | 273,238 | $ | 3,656,933 | $ | 987,988 | $ | 4,996,634 | $ | 3,835,870 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-51 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Putnam VT International Equity Fund (Class IA) | Putnam VT Emerging Markets Equity Fund (Class IA) | Putnam VT International Value Fund (Class IA) | Putnam VT Core Equity Fund (Class IA) | Putnam VT Government Money Market Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 23,263 | $ | 733 | $ | 4,968 | $ | 5,961 | $ | 1,176 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (85,767) | (8) | (2,223) | 3,756 | — | ||||||||||||||||||||||||
Net realized gain distributions | — | — | — | 69,752 | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 1,520,451 | 10,082 | 49,078 | 112,585 | — | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 1,457,947 | 10,807 | 51,823 | 192,054 | 1,176 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 384,015 | — | — | — | — | ||||||||||||||||||||||||
Net transfers | (380,637) | — | — | (1,437) | — | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (325,704) | (1,591) | (1,026) | (13,722) | — | ||||||||||||||||||||||||
Other transactions | — | — | — | — | — | ||||||||||||||||||||||||
Death benefits | (47,916) | — | — | (18,459) | — | ||||||||||||||||||||||||
Net loan activity | (22,076) | (18) | (1,733) | (14) | — | ||||||||||||||||||||||||
Cost of insurance and other fees | (569,960) | (3,827) | (13,999) | (20,519) | (872) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (962,278) | (5,436) | (16,758) | (54,151) | (872) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 495,669 | 5,371 | 35,065 | 137,903 | 304 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 8,234,103 | 93,351 | 278,536 | 710,052 | 25,514 | ||||||||||||||||||||||||
End of period | $ | 8,729,772 | $ | 98,722 | $ | 313,601 | $ | 847,955 | $ | 25,818 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-52 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Putnam VT Sustainable Leaders Fund (Class IA) | Putnam VT Small Cap Value Fund (Class IB) | Templeton Foreign VIP Fund (Class 2) | Templeton Global Bond VIP Fund (Class 2) | Templeton Growth VIP Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 83,405 | $ | 10,813 | $ | 51,925 | $ | — | $ | 320,811 | |||||||||||||||||||
Net realized gain (loss) on security transactions | 118,714 | (190,431) | (13,029) | (319,100) | (171,257) | ||||||||||||||||||||||||
Net realized gain distributions | 341,447 | 832,582 | — | — | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 2,116,551 | 882,228 | 267,377 | 550,681 | 1,678,411 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 2,660,117 | 1,535,192 | 306,273 | 231,581 | 1,827,965 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 261,235 | 246,793 | — | 362,424 | 55 | ||||||||||||||||||||||||
Net transfers | (252,575) | 97,518 | (50,689) | 174,948 | (103,534) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (266,597) | (280,564) | (55,937) | (453,483) | (283,046) | ||||||||||||||||||||||||
Other transactions | — | (51) | — | 2 | — | ||||||||||||||||||||||||
Death benefits | (38,993) | (27,620) | (1,123) | (117,708) | (118,683) | ||||||||||||||||||||||||
Net loan activity | (102,770) | (23,577) | (4,464) | 20,222 | (80,036) | ||||||||||||||||||||||||
Cost of insurance and other fees | (522,806) | (286,621) | (40,447) | (468,686) | (369,787) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (922,506) | (274,122) | (152,660) | (482,281) | (955,031) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 1,737,611 | 1,261,070 | 153,613 | (250,700) | 872,934 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 10,548,608 | 6,543,055 | 1,556,184 | 8,872,524 | 9,144,158 | ||||||||||||||||||||||||
End of period | $ | 12,286,219 | $ | 7,804,125 | $ | 1,709,797 | $ | 8,621,824 | $ | 10,017,092 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-53 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Morgan Stanley VIF Discovery Portfolio (Class II) | Putnam VT Large Cap Growth Fund (Class IA) | BlackRock S&P 500 Index V.I. Fund (Class I) | Fidelity® VIP Equity-Income Portfolio (Service Class 2) | Putnam VT Diversified Income Fund (Class IB) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | — | $ | — | $ | 1,036,220 | $ | 151,411 | $ | 124,960 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (753,303) | 319,464 | 535,958 | 29,177 | (30,773) | ||||||||||||||||||||||||
Net realized gain distributions | — | 276,364 | 3,040,169 | 259,820 | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 1,932,587 | 7,087,131 | 12,836,572 | 417,448 | 3,683 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 1,179,284 | 7,682,959 | 17,448,919 | 857,856 | 97,870 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 150,852 | 528,566 | 1,595,130 | 258,377 | 52,024 | ||||||||||||||||||||||||
Net transfers | (99,467) | 270,557 | 1,215,595 | (29,111) | (184) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (79,985) | (489,226) | (1,380,781) | (334,674) | (17,885) | ||||||||||||||||||||||||
Other transactions | — | — | 111 | — | — | ||||||||||||||||||||||||
Death benefits | (4,790) | (255,154) | (554,864) | (151,190) | (20,994) | ||||||||||||||||||||||||
Net loan activity | 19,106 | (112,383) | (402,029) | (24,607) | (14,253) | ||||||||||||||||||||||||
Cost of insurance and other fees | (188,160) | (1,139,143) | (2,870,130) | (298,642) | (63,362) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (202,444) | (1,196,783) | (2,396,968) | (579,847) | (64,654) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 976,840 | 6,486,176 | 15,051,951 | 278,009 | 33,216 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 2,783,150 | 17,734,111 | 67,534,599 | 8,646,080 | 2,094,288 | ||||||||||||||||||||||||
End of period | $ | 3,759,990 | $ | 24,220,287 | $ | 82,586,550 | $ | 8,924,089 | $ | 2,127,504 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-54 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Putnam VT Large Cap Value Fund (Class IB) | Putnam VT Focused International Equity Fund (Class IB) | Putnam VT High Yield Fund (Class IB) | Putnam VT Income Fund (Class IB) | Putnam VT International Equity Fund (Class IB) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 238,472 | $ | 3,104 | $ | 411,759 | $ | 421,231 | $ | 1,505 | |||||||||||||||||||
Net realized gain (loss) on security transactions | 189,447 | (574) | (222,428) | (191,994) | (1,560) | ||||||||||||||||||||||||
Net realized gain distributions | 668,477 | — | — | — | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 642,071 | 77,750 | 728,041 | 109,840 | 727,005 | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 1,738,467 | 80,280 | 917,372 | 339,077 | 726,950 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 283,711 | 15,064 | 273,094 | 318,074 | 190,759 | ||||||||||||||||||||||||
Net transfers | 90,888 | 20,233 | 17,475 | 119,423 | 153,655 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (450,404) | (141) | (407,600) | (207,985) | (102,681) | ||||||||||||||||||||||||
Other transactions | — | — | — | 25 | — | ||||||||||||||||||||||||
Death benefits | (76,719) | — | (108,749) | (43,614) | (44,960) | ||||||||||||||||||||||||
Net loan activity | (61,813) | 10,368 | (19,126) | (95,925) | (18,243) | ||||||||||||||||||||||||
Cost of insurance and other fees | (515,960) | (15,461) | (307,187) | (322,233) | (176,393) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (730,297) | 30,063 | (552,093) | (232,235) | 2,137 | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 1,008,170 | 110,343 | 365,279 | 106,842 | 729,087 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 11,637,744 | 401,378 | 7,858,381 | 7,424,050 | 3,966,872 | ||||||||||||||||||||||||
End of period | $ | 12,645,914 | $ | 511,721 | $ | 8,223,660 | $ | 7,530,892 | $ | 4,695,959 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-55 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2023 |
Putnam VT Sustainable Leaders Fund (Class IB) | Putnam VT Large Cap Growth Fund (Class IB) | Invesco V.I. Discovery Mid Cap Growth Fund (Series I) | |||||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 13,635 | $ | — | $ | — | |||||||||||||||||||||||
Net realized gain (loss) on security transactions | (1,321) | 43,651 | (61,395) | ||||||||||||||||||||||||||
Net realized gain distributions | 83,580 | 107,946 | — | ||||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | 523,986 | 2,781,065 | 336,052 | ||||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 619,880 | 2,932,662 | 274,657 | ||||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 64,550 | 125,874 | — | ||||||||||||||||||||||||||
Net transfers | (132,659) | 706,607 | (158,301) | ||||||||||||||||||||||||||
Surrenders for benefit payments and fees | (124,887) | (310,389) | (31,774) | ||||||||||||||||||||||||||
Other transactions | — | 25 | — | ||||||||||||||||||||||||||
Death benefits | — | (6,385) | (1,675) | ||||||||||||||||||||||||||
Net loan activity | (48,852) | (49,717) | (12,063) | ||||||||||||||||||||||||||
Cost of insurance and other fees | (91,158) | (185,619) | (59,500) | ||||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (333,006) | 280,396 | (263,313) | ||||||||||||||||||||||||||
Net increase (decrease) in net assets | 286,874 | 3,213,058 | 11,344 | ||||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 2,569,315 | 6,620,695 | 2,282,372 | ||||||||||||||||||||||||||
End of period | $ | 2,856,189 | $ | 9,833,753 | $ | 2,293,716 | |||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-56 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
AB VPS Sustainable International Thematic Portfolio (Class B) | AB VPS International Value Portfolio (Class B) | AB VPS Discovery Value Portfolio (Class B) | American Funds IS Asset Allocation Fund (Class 2) | American Funds IS Washington Mutual Investors Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | — | $ | 168,025 | $ | 110,479 | $ | 1,859,662 | $ | 1,411,537 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (16,333) | (210,638) | 112,600 | 1,312,236 | 800,443 | ||||||||||||||||||||||||
Net realized gain distributions | 251,860 | — | 1,989,279 | 10,256,289 | 16,789,283 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (790,760) | (654,085) | (4,630,723) | (28,557,028) | (25,936,227) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (555,233) | (696,698) | (2,418,365) | (15,128,841) | (6,934,964) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | — | — | 355,791 | 2,829,516 | 1,740,309 | ||||||||||||||||||||||||
Net transfers | (26,823) | (141,793) | (156,792) | 359,854 | (361,015) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (12,678) | (125,851) | (285,593) | (3,209,848) | (1,947,102) | ||||||||||||||||||||||||
Other transactions | — | — | — | (45) | 1 | ||||||||||||||||||||||||
Death benefits | (2,125) | (26,667) | (59,388) | (1,742,746) | (776,036) | ||||||||||||||||||||||||
Net loan activity | (73) | (15,708) | 30,835 | (127,454) | (414,124) | ||||||||||||||||||||||||
Cost of insurance and other fees | (40,384) | (124,829) | (425,849) | (4,169,387) | (2,633,297) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (82,083) | (434,848) | (540,996) | (6,060,110) | (4,391,264) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (637,316) | (1,131,546) | (2,959,361) | (21,188,951) | (11,326,228) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 2,011,743 | 5,001,508 | 15,644,499 | 114,118,258 | 82,951,519 | ||||||||||||||||||||||||
End of period | $ | 1,374,427 | $ | 3,869,962 | $ | 12,685,138 | $ | 92,929,307 | $ | 71,625,291 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-57 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
American Funds IS The Bond Fund of America® (Class 2) | American Funds IS Global Growth Fund (Class 2) | American Funds IS Global Small Capitalization Fund (Class 2) | American Funds IS Growth Fund (Class 2) | American Funds IS Growth-Income Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 1,323,742 | $ | 545,476 | $ | — | $ | 1,167,589 | $ | 3,181,147 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (327,746) | 1,379,489 | (36,525) | 7,007,464 | 4,199,056 | ||||||||||||||||||||||||
Net realized gain distributions | 524,932 | 9,251,469 | 10,104,467 | 53,157,460 | 24,866,106 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (7,833,319) | (37,540,164) | (21,720,817) | (203,162,242) | (81,052,845) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (6,312,391) | (26,363,730) | (11,652,875) | (141,829,729) | (48,806,536) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 1,845,841 | 1,715,153 | 921,514 | 6,709,212 | 5,463,895 | ||||||||||||||||||||||||
Net transfers | 358,341 | 61,045 | (208,195) | (4,249,983) | (1,360,221) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (1,055,976) | (2,669,407) | (992,899) | (13,482,374) | (9,388,213) | ||||||||||||||||||||||||
Other transactions | 169 | (50) | 704 | 751 | 3,889 | ||||||||||||||||||||||||
Death benefits | (603,817) | (1,196,369) | (402,867) | (4,056,947) | (3,350,601) | ||||||||||||||||||||||||
Net loan activity | 27,074 | (158,443) | 35,849 | (1,150,872) | (762,945) | ||||||||||||||||||||||||
Cost of insurance and other fees | (1,968,152) | (2,539,074) | (1,033,646) | (11,242,372) | (8,044,275) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (1,396,520) | (4,787,145) | (1,679,540) | (27,472,585) | (17,438,471) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (7,708,911) | (31,150,875) | (13,332,415) | (169,302,314) | (66,245,007) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 50,309,508 | 107,294,813 | 39,886,769 | 485,290,875 | 299,325,800 | ||||||||||||||||||||||||
End of period | $ | 42,600,597 | $ | 76,143,938 | $ | 26,554,354 | $ | 315,988,561 | $ | 233,080,793 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-58 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
American Funds IS International Fund (Class 2) | American Funds IS New World Fund® (Class 2) | Fidelity® VIP Asset Manager Portfolio (Initial Class) | Fidelity® VIP Equity-Income Portfolio (Initial Class) | Fidelity® VIP Freedom 2010 Portfolio (Service Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 962,039 | $ | 423,980 | $ | 14,024 | $ | 566,482 | $ | 93,316 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (158,474) | 295,917 | (4,679) | 243,185 | (8,974) | ||||||||||||||||||||||||
Net realized gain distributions | 7,691,865 | 2,950,959 | 47,651 | 993,473 | 288,439 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (22,557,569) | (12,578,345) | (177,947) | (3,454,054) | (1,102,110) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (14,062,139) | (8,907,489) | (120,951) | (1,650,914) | (729,329) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 2,080,015 | 1,242,705 | — | 730,976 | 47,951 | ||||||||||||||||||||||||
Net transfers | (325,047) | (339,276) | (6,165) | 1,104,586 | 185,497 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (1,503,377) | (1,047,139) | (21,038) | (1,263,732) | (19,878) | ||||||||||||||||||||||||
Other transactions | (201) | (3) | — | (33) | — | ||||||||||||||||||||||||
Death benefits | (499,948) | (418,995) | (4,014) | (703,529) | — | ||||||||||||||||||||||||
Net loan activity | (154,947) | (30,227) | (83) | (19,687) | (21,469) | ||||||||||||||||||||||||
Cost of insurance and other fees | (2,050,945) | (1,151,043) | (38,381) | (1,295,834) | (100,817) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (2,454,450) | (1,743,978) | (69,681) | (1,447,253) | 91,284 | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (16,516,589) | (10,651,467) | (190,632) | (3,098,167) | (638,045) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 68,323,897 | 40,588,379 | 825,539 | 32,508,087 | 5,248,604 | ||||||||||||||||||||||||
End of period | $ | 51,807,308 | $ | 29,936,912 | $ | 634,907 | $ | 29,409,920 | $ | 4,610,559 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-59 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Fidelity® VIP Freedom 2020 Portfolio (Service Class 2) | Fidelity® VIP Freedom 2030 Portfolio (Service Class 2) | Fidelity® VIP Government Money Market Portfolio (Service Class) | Fidelity® VIP Contrafund® Portfolio (Service Class 2) | Fidelity® VIP Mid Cap Portfolio (Service Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 34,170 | $ | 98,594 | $ | 434,468 | $ | 163,661 | $ | 89,741 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (23,984) | (25,001) | — | 988,727 | 26,560 | ||||||||||||||||||||||||
Net realized gain distributions | 192,873 | 398,514 | — | 3,089,800 | 2,263,579 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (541,357) | (1,605,840) | — | (25,362,752) | (8,141,200) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (338,298) | (1,133,733) | 434,468 | (21,120,564) | (5,761,320) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 63,500 | 127,133 | 4,192,226 | 1,520,172 | 962,060 | ||||||||||||||||||||||||
Net transfers | 29,431 | 800,334 | 5,408,317 | (922,782) | 235,896 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (60,946) | (379,269) | (4,145,942) | (1,869,702) | (715,278) | ||||||||||||||||||||||||
Other transactions | — | — | (612) | 23 | (52) | ||||||||||||||||||||||||
Death benefits | — | (8,280) | (357,657) | (636,581) | (352,678) | ||||||||||||||||||||||||
Net loan activity | (11,803) | (290,613) | 225,353 | (257,599) | (97,185) | ||||||||||||||||||||||||
Cost of insurance and other fees | (88,128) | (164,371) | (2,564,759) | (2,105,257) | (1,157,638) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (67,946) | 84,934 | 2,756,926 | (4,271,726) | (1,124,875) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (406,244) | (1,048,799) | 3,191,394 | (25,392,290) | (6,886,195) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 2,110,764 | 6,428,307 | 30,716,999 | 81,130,319 | 38,726,324 | ||||||||||||||||||||||||
End of period | $ | 1,704,520 | $ | 5,379,508 | $ | 33,908,393 | $ | 55,738,029 | $ | 31,840,129 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-60 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Fidelity® VIP Overseas Portfolio (Initial Class) | Franklin Income VIP Fund (Class 2) | Franklin Mutual Global Discovery VIP Fund (Class 2) | Franklin Mutual Shares VIP Fund (Class 2) | Franklin Small Cap Value VIP Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 4,266 | $ | 1,829,343 | $ | 352,502 | $ | 701,501 | $ | 294,947 | |||||||||||||||||||
Net realized gain (loss) on security transactions | 2,545 | (40,216) | (160,173) | (184,181) | (227,112) | ||||||||||||||||||||||||
Net realized gain distributions | 3,747 | 742,539 | 2,107,958 | 4,236,437 | 5,566,021 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (139,007) | (4,692,996) | (3,615,642) | (7,919,384) | (9,043,524) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (128,449) | (2,161,330) | (1,315,355) | (3,165,627) | (3,409,668) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | — | 1,119,237 | 970,328 | — | 802,711 | ||||||||||||||||||||||||
Net transfers | 32 | 1,022,208 | (192,005) | (438,960) | (871,237) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (2,454) | (1,065,942) | (550,976) | (1,018,881) | (825,265) | ||||||||||||||||||||||||
Other transactions | — | 24 | (28) | 40 | (25) | ||||||||||||||||||||||||
Death benefits | (739) | (505,596) | (186,433) | (273,777) | (254,111) | ||||||||||||||||||||||||
Net loan activity | (17) | (132,175) | (45,246) | (148,571) | (137,183) | ||||||||||||||||||||||||
Cost of insurance and other fees | (19,777) | (1,579,524) | (1,025,255) | (1,326,667) | (1,033,803) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (22,955) | (1,141,768) | (1,029,615) | (3,206,816) | (2,318,913) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (151,404) | (3,303,098) | (2,344,970) | (6,372,443) | (5,728,581) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 528,188 | 40,015,034 | 26,958,577 | 42,890,395 | 34,236,311 | ||||||||||||||||||||||||
End of period | $ | 376,784 | $ | 36,711,936 | $ | 24,613,607 | $ | 36,517,952 | $ | 28,507,730 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-61 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Franklin Strategic Income VIP Fund (Class 1) | Putnam VT George Putnam Balanced Fund (Class IA) | Hartford Balanced HLS Fund (Class IA) | Hartford Capital Appreciation HLS Fund (Class IA) | Hartford Disciplined Equity HLS Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 370,479 | $ | 4,046 | $ | 1,352,537 | $ | 1,873,164 | $ | 1,009,077 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (236,693) | 9,362 | 617,899 | (663,089) | 671,211 | ||||||||||||||||||||||||
Net realized gain distributions | — | 27,278 | 9,380,112 | 26,420,414 | 5,528,055 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (1,117,178) | (104,999) | (22,640,229) | (63,776,566) | (29,858,019) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (983,392) | (64,313) | (11,289,681) | (36,146,077) | (22,649,676) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 262,543 | — | 2,628,080 | 5,028,011 | 2,005,502 | ||||||||||||||||||||||||
Net transfers | (506,864) | 119 | 1,277,743 | (1,056,032) | (661,524) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (268,139) | (14,371) | (1,897,466) | (7,308,460) | (2,622,906) | ||||||||||||||||||||||||
Other transactions | — | — | (25) | 350 | (1,005) | ||||||||||||||||||||||||
Death benefits | (55,202) | (21,969) | (1,697,314) | (2,564,044) | (1,382,273) | ||||||||||||||||||||||||
Net loan activity | 120,104 | (2,618) | 35,301 | (370,622) | (332,755) | ||||||||||||||||||||||||
Cost of insurance and other fees | (321,384) | (15,535) | (4,063,474) | (7,769,158) | (3,216,932) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (768,942) | (54,374) | (3,717,155) | (14,039,955) | (6,211,893) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (1,752,334) | (118,687) | (15,006,836) | (50,186,032) | (28,861,569) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 9,529,954 | 428,716 | 85,163,749 | 238,961,348 | 120,799,892 | ||||||||||||||||||||||||
End of period | $ | 7,777,620 | $ | 310,029 | $ | 70,156,913 | $ | 188,775,316 | $ | 91,938,323 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-62 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Hartford Dividend and Growth HLS Fund (Class IA) | Hartford International Opportunities HLS Fund (Class IA) | Hartford MidCap HLS Fund (Class IA) | Hartford Small Company HLS Fund (Class IA) | Hartford Stock HLS Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 2,931,758 | $ | 757,327 | $ | 693,316 | $ | — | $ | 1,669,506 | |||||||||||||||||||
Net realized gain (loss) on security transactions | 1,354,208 | 173,780 | (233,697) | (459,671) | 2,456,888 | ||||||||||||||||||||||||
Net realized gain distributions | 18,077,543 | 7,951,886 | 11,269,888 | 6,307,116 | 10,089,281 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (39,343,009) | (18,911,472) | (35,496,486) | (19,178,739) | (20,228,901) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (16,979,500) | (10,028,479) | (23,766,979) | (13,331,294) | (6,013,226) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 4,148,803 | 1,733,534 | 1,686,453 | 729,317 | 2,599,904 | ||||||||||||||||||||||||
Net transfers | (387,853) | 651,096 | (334,379) | 63,090 | (732,164) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (4,112,149) | (1,104,615) | (2,318,248) | (1,268,257) | (2,757,992) | ||||||||||||||||||||||||
Other transactions | (481) | (317) | 99 | (115) | (231) | ||||||||||||||||||||||||
Death benefits | (2,327,373) | (585,846) | (757,169) | (284,040) | (1,504,174) | ||||||||||||||||||||||||
Net loan activity | (396,460) | (59,195) | (133,278) | (81,718) | (368,267) | ||||||||||||||||||||||||
Cost of insurance and other fees | (6,175,406) | (1,846,507) | (2,859,012) | (1,200,075) | (4,342,652) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (9,250,919) | (1,211,850) | (4,715,534) | (2,041,798) | (7,105,576) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (26,230,419) | (11,240,329) | (28,482,513) | (15,373,092) | (13,118,802) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 191,703,049 | 55,139,615 | 98,961,472 | 43,674,031 | 114,026,619 | ||||||||||||||||||||||||
End of period | $ | 165,472,630 | $ | 43,899,286 | $ | 70,478,959 | $ | 28,300,939 | $ | 100,907,817 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-63 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Hartford Total Return Bond HLS Fund (Class IA) | Hartford Ultrashort Bond HLS Fund (Class IA) | Invesco V.I. American Franchise Fund (Series I) | Invesco V.I. American Value Fund (Series II) | Invesco V.I. Balanced-Risk Allocation Fund (Series I) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 2,467,283 | $ | 85,761 | $ | — | $ | 15,543 | $ | 262,073 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (1,010,662) | (116,841) | (14,055) | 11,498 | (79,223) | ||||||||||||||||||||||||
Net realized gain distributions | 987,411 | — | 787,318 | 629,622 | 122,116 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (15,746,060) | (74,147) | (2,007,928) | (764,673) | (860,281) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (13,302,028) | (105,227) | (1,234,665) | (108,010) | (555,315) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 3,319,483 | 4,122,207 | 123,290 | 108,926 | 100,954 | ||||||||||||||||||||||||
Net transfers | (131,850) | (2,485,700) | (115,804) | 285,688 | (272,590) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (2,855,185) | (2,501,866) | (213,657) | (102,288) | (41,764) | ||||||||||||||||||||||||
Other transactions | 1,027 | 721 | — | — | — | ||||||||||||||||||||||||
Death benefits | (1,028,755) | (532,004) | (531) | (30,216) | (24,055) | ||||||||||||||||||||||||
Net loan activity | 17,520 | 234,401 | (2,527) | (18,068) | 533 | ||||||||||||||||||||||||
Cost of insurance and other fees | (3,797,850) | (4,287,226) | (118,524) | (128,687) | (91,748) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (4,475,610) | (5,449,467) | (327,753) | 115,355 | (328,670) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (17,777,638) | (5,554,694) | (1,562,418) | 7,345 | (883,985) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 94,155,310 | 41,362,155 | 4,078,125 | 3,368,142 | 3,991,926 | ||||||||||||||||||||||||
End of period | $ | 76,377,672 | $ | 35,807,461 | $ | 2,515,707 | $ | 3,375,487 | $ | 3,107,941 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-64 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Invesco V.I. Comstock Fund (Series II) | Invesco V.I. Core Equity Fund (Series I) | Invesco V.I. EQV International Equity Fund (Series I) | Invesco V.I. Main Street Mid Cap Fund® (Series I) | Invesco V.I. Small Cap Equity Fund (Series I) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 406,464 | $ | 9,587 | $ | 71,457 | $ | 32,898 | $ | — | |||||||||||||||||||
Net realized gain (loss) on security transactions | 509,167 | (2,718) | (1,403) | (79,629) | 23,982 | ||||||||||||||||||||||||
Net realized gain distributions | 926,844 | 162,936 | 455,804 | 1,965,291 | 929,981 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (1,640,754) | (435,911) | (1,495,036) | (3,509,950) | (2,317,288) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 201,721 | (266,106) | (969,178) | (1,591,390) | (1,363,325) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 792,432 | — | 122,742 | — | 136,535 | ||||||||||||||||||||||||
Net transfers | 1,303,437 | (27,474) | (162,987) | (77,415) | (240,715) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (712,805) | (11,142) | (182,427) | (486,742) | (90,785) | ||||||||||||||||||||||||
Other transactions | 26 | — | — | — | — | ||||||||||||||||||||||||
Death benefits | (266,701) | (26,363) | (14,804) | (42,585) | (60,314) | ||||||||||||||||||||||||
Net loan activity | 41,226 | (25,702) | (2,201) | (53,028) | (327,222) | ||||||||||||||||||||||||
Cost of insurance and other fees | (1,063,288) | (30,358) | (129,800) | (281,230) | (168,220) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | 94,327 | (121,039) | (369,477) | (941,000) | (750,721) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | 296,048 | (387,145) | (1,338,655) | (2,532,390) | (2,114,046) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 29,779,798 | 1,324,093 | 5,289,719 | 11,369,326 | 6,799,979 | ||||||||||||||||||||||||
End of period | $ | 30,075,846 | $ | 936,948 | $ | 3,951,064 | $ | 8,836,936 | $ | 4,685,933 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-65 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Lord Abbett Bond Debenture Portfolio (Class VC) | Lord Abbett Dividend Growth Portfolio (Class VC) | Lord Abbett Growth and Income Portfolio (Class VC) | MFS® Investors Trust Series (Initial Class) | MFS® New Discovery Series (Initial Class) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 319,146 | $ | 101,305 | $ | 144,314 | $ | 23,078 | $ | — | |||||||||||||||||||
Net realized gain (loss) on security transactions | (71,872) | 75,586 | 105,999 | 117,779 | (91,440) | ||||||||||||||||||||||||
Net realized gain distributions | 19,987 | 1,681,100 | 877,723 | 442,377 | 2,424,619 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (1,316,496) | (3,738,606) | (2,320,409) | (1,246,835) | (5,562,390) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (1,049,235) | (1,880,615) | (1,192,373) | (663,601) | (3,229,211) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 149,058 | 263,823 | 327,185 | 85,386 | 172,476 | ||||||||||||||||||||||||
Net transfers | (87,492) | (82,333) | 293,582 | (352,888) | (159,055) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (149,200) | (186,639) | (457,526) | (36,699) | (231,573) | ||||||||||||||||||||||||
Other transactions | — | — | — | — | — | ||||||||||||||||||||||||
Death benefits | (55,737) | (141,560) | (84,065) | (66,510) | (14,605) | ||||||||||||||||||||||||
Net loan activity | (33,874) | (64,034) | (32,297) | 3,263 | (28,646) | ||||||||||||||||||||||||
Cost of insurance and other fees | (208,606) | (373,135) | (396,027) | (161,822) | (265,309) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (385,851) | (583,878) | (349,148) | (529,270) | (526,712) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (1,435,086) | (2,464,493) | (1,541,521) | (1,192,871) | (3,755,923) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 8,264,106 | 13,932,839 | 12,260,803 | 4,191,264 | 11,062,478 | ||||||||||||||||||||||||
End of period | $ | 6,829,020 | $ | 11,468,346 | $ | 10,719,282 | $ | 2,998,393 | $ | 7,306,555 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-66 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
MFS® Total Return Bond Series (Initial Class) | MFS® Total Return Series (Initial Class) | MFS® Value Series (Initial Class) | Invesco V.I. Capital Appreciation Fund (Series II) | Invesco V.I. Global Fund (Series II) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 287,546 | $ | 463,089 | $ | 197,831 | $ | — | $ | — | |||||||||||||||||||
Net realized gain (loss) on security transactions | (171,710) | 110,757 | 271,782 | 38,469 | 59,392 | ||||||||||||||||||||||||
Net realized gain distributions | 121,181 | 2,316,233 | 843,156 | 992,266 | 1,938,474 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (1,853,925) | (5,780,808) | (2,290,970) | (2,200,492) | (6,829,223) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (1,616,908) | (2,890,729) | (978,201) | (1,169,757) | (4,831,357) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 277,788 | 799,242 | 285,579 | — | 392,449 | ||||||||||||||||||||||||
Net transfers | 108,637 | (136,308) | (90,096) | 14,164 | (155,752) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (492,588) | (794,944) | (443,200) | (176,149) | (459,624) | ||||||||||||||||||||||||
Other transactions | 25 | 2 | — | — | — | ||||||||||||||||||||||||
Death benefits | (517,184) | (303,864) | (241,151) | (46,226) | (28,245) | ||||||||||||||||||||||||
Net loan activity | 83,264 | (67,307) | (97,722) | (15,978) | (85,241) | ||||||||||||||||||||||||
Cost of insurance and other fees | (462,903) | (1,106,283) | (423,429) | (86,639) | (405,775) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (1,002,961) | (1,609,462) | (1,010,019) | (310,828) | (742,188) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (2,619,869) | (4,500,191) | (1,988,220) | (1,480,585) | (5,573,545) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 11,909,354 | 30,193,471 | 15,783,267 | 3,863,555 | 15,370,463 | ||||||||||||||||||||||||
End of period | $ | 9,289,485 | $ | 25,693,280 | $ | 13,795,047 | $ | 2,382,970 | $ | 9,796,918 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-67 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Invesco V.I. Main Street Fund® (Series II) | Invesco V.I. Main Street Small Cap Fund® (Series II) | Putnam VT Small Cap Growth Fund (Class IB) | Putnam VT Diversified Income Fund (Class IA) | Putnam VT Large Cap Value Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 32,326 | $ | 7,743 | $ | — | $ | 8,473 | $ | 179,902 | |||||||||||||||||||
Net realized gain (loss) on security transactions | 7,077 | 18,384 | (22,093) | (33,644) | 185,956 | ||||||||||||||||||||||||
Net realized gain distributions | 1,123,433 | 362,822 | 1,125,889 | 2,563 | 900,233 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (1,918,624) | (955,822) | (3,233,448) | 20,141 | (1,607,698) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (755,788) | (566,873) | (2,129,652) | (2,467) | (341,607) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 85,365 | 60,160 | — | — | 2,546 | ||||||||||||||||||||||||
Net transfers | 3,769 | (3,040) | (62,413) | 1 | (96,089) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (277,790) | (72,406) | (105,595) | (44,239) | (212,917) | ||||||||||||||||||||||||
Other transactions | — | — | — | — | — | ||||||||||||||||||||||||
Death benefits | (11,412) | (1,020) | (26,931) | (90) | (220,357) | ||||||||||||||||||||||||
Net loan activity | (30,754) | 4,950 | (8,926) | (1) | (46,729) | ||||||||||||||||||||||||
Cost of insurance and other fees | (95,080) | (76,746) | (159,341) | (3,423) | (457,503) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (325,902) | (88,102) | (363,206) | (47,752) | (1,031,049) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (1,081,690) | (654,975) | (2,492,858) | (50,219) | (1,372,656) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 3,758,818 | 3,538,600 | 7,603,738 | 125,819 | 11,578,233 | ||||||||||||||||||||||||
End of period | $ | 2,677,128 | $ | 2,883,625 | $ | 5,110,880 | $ | 75,600 | $ | 10,205,577 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-68 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Putnam VT Global Asset Allocation Fund (Class IA) | Putnam VT Focused International Equity Fund (Class IA) | Putnam VT Global Health Care Fund (Class IA) | Putnam VT High Yield Fund (Class IA) | Putnam VT Income Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 4,186 | $ | 67,879 | $ | 6,517 | $ | 267,644 | $ | 256,106 | |||||||||||||||||||
Net realized gain (loss) on security transactions | 63 | (20,643) | 23,322 | (99,921) | (101,636) | ||||||||||||||||||||||||
Net realized gain distributions | 23,829 | 1,300,288 | 90,317 | 9,590 | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (74,675) | (2,061,917) | (175,317) | (803,962) | (811,176) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (46,597) | (714,393) | (55,161) | (626,649) | (656,706) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | — | 106,786 | — | 153,244 | 191,599 | ||||||||||||||||||||||||
Net transfers | (3,196) | 7,382 | 279 | (10,054) | 12,486 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (1,584) | (87,097) | (64,340) | (116,037) | (63,413) | ||||||||||||||||||||||||
Other transactions | — | — | — | — | — | ||||||||||||||||||||||||
Death benefits | (606) | (91,151) | (14,650) | (41,723) | (85,423) | ||||||||||||||||||||||||
Net loan activity | (5) | (8,946) | (7,738) | 17,780 | (25,605) | ||||||||||||||||||||||||
Cost of insurance and other fees | (11,569) | (199,488) | (32,224) | (238,893) | (268,779) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (16,960) | (272,514) | (118,673) | (235,683) | (239,135) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (63,557) | (986,907) | (173,834) | (862,332) | (895,841) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 303,782 | 4,099,691 | 1,167,454 | 5,554,008 | 4,953,491 | ||||||||||||||||||||||||
End of period | $ | 240,225 | $ | 3,112,784 | $ | 993,620 | $ | 4,691,676 | $ | 4,057,650 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-69 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Putnam VT International Equity Fund (Class IA) | Putnam VT Emerging Markets Equity Fund (Class IA) | Putnam VT International Value Fund (Class IA) | Putnam VT Core Equity Fund (Class IA) | Putnam VT Government Money Market Fund (Class IA) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 146,248 | $ | — | $ | 6,218 | $ | 12,488 | $ | 327 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (77,197) | 473 | (3,990) | 20,246 | — | ||||||||||||||||||||||||
Net realized gain distributions | 876,383 | 13,981 | 9,759 | 201,951 | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (2,350,193) | (56,523) | (33,582) | (373,963) | — | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (1,404,759) | (42,069) | (21,595) | (139,278) | 327 | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 430,732 | — | — | — | — | ||||||||||||||||||||||||
Net transfers | 411,028 | (260) | 19 | (5,366) | — | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (219,438) | (18,761) | (986) | (33,283) | — | ||||||||||||||||||||||||
Other transactions | 25 | — | — | — | — | ||||||||||||||||||||||||
Death benefits | (32,127) | — | (184) | (16,287) | (24) | ||||||||||||||||||||||||
Net loan activity | 6,195 | (862) | (1,751) | (4,991) | — | ||||||||||||||||||||||||
Cost of insurance and other fees | (556,238) | (4,599) | (12,282) | (24,664) | (836) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | 40,177 | (24,482) | (15,184) | (84,591) | (860) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (1,364,582) | (66,551) | (36,779) | (223,869) | (533) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 9,598,685 | 159,902 | 315,315 | 933,921 | 26,047 | ||||||||||||||||||||||||
End of period | $ | 8,234,103 | $ | 93,351 | $ | 278,536 | $ | 710,052 | $ | 25,514 | |||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-70 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Putnam VT Sustainable Leaders Fund (Class IA) | Putnam VT Small Cap Value Fund (Class IB) | Templeton Foreign VIP Fund (Class 2) | Templeton Global Bond VIP Fund (Class 2) | Templeton Growth VIP Fund (Class 2) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 97,918 | $ | 12,691 | $ | 49,885 | $ | — | $ | 15,992 | |||||||||||||||||||
Net realized gain (loss) on security transactions | 261,429 | (181,168) | (34,458) | (310,775) | (357,503) | ||||||||||||||||||||||||
Net realized gain distributions | 1,741,849 | 1,041,299 | — | — | — | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (5,507,915) | (1,946,549) | (162,344) | (180,387) | (1,004,105) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (3,406,719) | (1,073,727) | (146,917) | (491,162) | (1,345,616) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 262,270 | 293,109 | 19,618 | 356,131 | 323,463 | ||||||||||||||||||||||||
Net transfers | (262,331) | (542,881) | (121,510) | (223,235) | (522,417) | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (789,939) | (128,771) | (46,613) | (322,918) | (281,732) | ||||||||||||||||||||||||
Other transactions | — | — | — | 27 | 27 | ||||||||||||||||||||||||
Death benefits | (61,256) | (154,774) | (12,134) | (70,153) | (64,570) | ||||||||||||||||||||||||
Net loan activity | (40,281) | (34,879) | (3,198) | 32,557 | (43,340) | ||||||||||||||||||||||||
Cost of insurance and other fees | (515,613) | (301,421) | (54,527) | (479,323) | (417,588) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (1,407,150) | (869,617) | (218,364) | (706,914) | (1,006,157) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (4,813,869) | (1,943,344) | (365,281) | (1,198,076) | (2,351,773) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 15,362,477 | 8,486,399 | 1,921,465 | 10,070,600 | 11,495,931 | ||||||||||||||||||||||||
End of period | $ | 10,548,608 | $ | 6,543,055 | $ | 1,556,184 | $ | 8,872,524 | $ | 9,144,158 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-71 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Morgan Stanley VIF Discovery Portfolio (Class II) | Putnam VT Large Cap Growth Fund (Class IA) | BlackRock S&P 500 Index V.I. Fund (Class I) | Fidelity® VIP Equity-Income Portfolio (Service Class 2) | Putnam VT Diversified Income Fund (Class IB) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | — | $ | — | $ | 1,077,845 | $ | 152,502 | $ | 128,391 | |||||||||||||||||||
Net realized gain (loss) on security transactions | (920,544) | 393,220 | 742,869 | 41,413 | (45,118) | ||||||||||||||||||||||||
Net realized gain distributions | 1,974,227 | 3,720,434 | 3,309,812 | 304,768 | 40,545 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (6,199,232) | (12,527,590) | (20,931,196) | (979,430) | (171,213) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (5,145,549) | (8,413,936) | (15,800,670) | (480,747) | (47,395) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 175,841 | 600,556 | 1,681,117 | 290,564 | 58,300 | ||||||||||||||||||||||||
Net transfers | (515,226) | (144,124) | 26,661 | 237,386 | 217,479 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (54,875) | (1,257,355) | (2,463,296) | (368,482) | (74,322) | ||||||||||||||||||||||||
Other transactions | — | 26 | 7 | — | — | ||||||||||||||||||||||||
Death benefits | (20,070) | (390,589) | (919,311) | (151,091) | (2,203) | ||||||||||||||||||||||||
Net loan activity | (61,598) | (49,235) | (14,165) | 71,210 | (22,313) | ||||||||||||||||||||||||
Cost of insurance and other fees | (206,826) | (1,138,478) | (2,829,861) | (287,751) | (59,940) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (682,754) | (2,379,199) | (4,518,848) | (208,164) | 117,001 | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (5,828,303) | (10,793,135) | (20,319,518) | (688,911) | 69,606 | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 8,611,453 | 28,527,246 | 87,854,117 | 9,334,991 | 2,024,682 | ||||||||||||||||||||||||
End of period | $ | 2,783,150 | $ | 17,734,111 | $ | 67,534,599 | $ | 8,646,080 | $ | 2,094,288 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-72 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Putnam VT Large Cap Value Fund (Class IB) | Putnam VT Focused International Equity Fund (Class IB) | Putnam VT High Yield Fund (Class IB) | Putnam VT Income Fund (Class IB) | Putnam VT International Equity Fund (Class IB) | |||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 164,395 | $ | 7,186 | $ | 420,357 | $ | 443,107 | $ | 60,575 | |||||||||||||||||||
Net realized gain (loss) on security transactions | 278,466 | (104) | (192,651) | (104,498) | (22,835) | ||||||||||||||||||||||||
Net realized gain distributions | 952,422 | 163,082 | 15,945 | — | 433,619 | ||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (1,790,183) | (258,849) | (1,305,359) | (1,548,400) | (1,173,155) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (394,900) | (88,685) | (1,061,708) | (1,209,791) | (701,796) | ||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 288,084 | 15,750 | 279,578 | 374,708 | 197,333 | ||||||||||||||||||||||||
Net transfers | 1,224,995 | 127 | 115,441 | (23,797) | 148,670 | ||||||||||||||||||||||||
Surrenders for benefit payments and fees | (816,623) | — | (212,843) | (177,591) | (104,160) | ||||||||||||||||||||||||
Other transactions | — | — | — | 26 | — | ||||||||||||||||||||||||
Death benefits | (162,783) | — | (112,622) | (16,293) | (46,427) | ||||||||||||||||||||||||
Net loan activity | 42,851 | 174 | 17,505 | (26,070) | (55,652) | ||||||||||||||||||||||||
Cost of insurance and other fees | (473,822) | (14,144) | (305,038) | (326,438) | (155,207) | ||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | 102,702 | 1,907 | (217,979) | (195,455) | (15,443) | ||||||||||||||||||||||||
Net increase (decrease) in net assets | (292,198) | (86,778) | (1,279,687) | (1,405,246) | (717,239) | ||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 11,929,942 | 488,156 | 9,138,068 | 8,829,296 | 4,684,111 | ||||||||||||||||||||||||
End of period | $ | 11,637,744 | $ | 401,378 | $ | 7,858,381 | $ | 7,424,050 | $ | 3,966,872 |
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-73 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Statements of Changes in Net Assets | ||
For the Period Ended December 31, 2022 |
Putnam VT Sustainable Leaders Fund (Class IB) | Putnam VT Large Cap Growth Fund (Class IB) | Invesco V.I. Discovery Mid Cap Growth Fund (Series I) | |||||||||||||||||||||||||||
Sub-Account | Sub-Account | Sub-Account | |||||||||||||||||||||||||||
Operations: | |||||||||||||||||||||||||||||
Net investment income (loss) | $ | 15,246 | $ | — | $ | — | |||||||||||||||||||||||
Net realized gain (loss) on security transactions | 67,819 | 97,394 | 24,148 | ||||||||||||||||||||||||||
Net realized gain distributions | 424,239 | 1,262,968 | 697,778 | ||||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) | (1,316,061) | (4,222,050) | (1,827,980) | ||||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (808,757) | (2,861,688) | (1,106,054) | ||||||||||||||||||||||||||
Unit transactions: | |||||||||||||||||||||||||||||
Purchases | 75,228 | 631,300 | — | ||||||||||||||||||||||||||
Net transfers | (254,458) | (352,992) | (66,081) | ||||||||||||||||||||||||||
Surrenders for benefit payments and fees | (115,962) | (193,452) | (73,411) | ||||||||||||||||||||||||||
Other transactions | — | — | — | ||||||||||||||||||||||||||
Death benefits | (646) | (5,470) | (2,689) | ||||||||||||||||||||||||||
Net loan activity | (3,192) | (102,457) | (45,862) | ||||||||||||||||||||||||||
Cost of insurance and other fees | (94,172) | (165,620) | (66,797) | ||||||||||||||||||||||||||
Net increase (decrease) in net assets resulting from unit transactions | (393,202) | (188,691) | (254,840) | ||||||||||||||||||||||||||
Net increase (decrease) in net assets | (1,201,959) | (3,050,379) | (1,360,894) | ||||||||||||||||||||||||||
Net assets: | |||||||||||||||||||||||||||||
Beginning of period | 3,771,274 | 9,671,074 | 3,643,266 | ||||||||||||||||||||||||||
End of period | $ | 2,569,315 | $ | 6,620,695 | $ | 2,282,372 | |||||||||||||||||||||||
The accompanying notes are an integral part of these financial statements. | ||||||||
SA-74 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
1. Organization: |
AB VPS Sustainable International Thematic Portfolio (Class B) | ||
AB VPS International Value Portfolio (Class B) | ||
AB VPS Discovery Value Portfolio (Class B) (formerly AB VPS Small/Mid Cap Value Portfolio (Class B)) | ||
American Funds IS Asset Allocation Fund (Class 2) | ||
American Funds IS Washington Mutual Investors Fund (Class 2) | ||
American Funds IS The Bond Fund of America® (Class 2) | ||
American Funds IS Global Growth Fund (Class 2) | ||
American Funds IS Global Small Capitalization Fund (Class 2) | ||
American Funds IS Growth Fund (Class 2) | ||
American Funds IS Growth-Income Fund (Class 2) | ||
American Funds IS International Fund (Class 2) | ||
American Funds IS New World Fund® (Class 2) | ||
Fidelity® VIP Asset Manager Portfolio (Initial Class) | ||
Fidelity® VIP Equity-Income Portfolio (Initial Class) | ||
Fidelity® VIP Freedom 2010 Portfolio (Service Class 2) | ||
Fidelity® VIP Freedom 2020 Portfolio (Service Class 2) | ||
Fidelity® VIP Freedom 2030 Portfolio (Service Class 2) | ||
Fidelity® VIP Government Money Market Portfolio (Service Class) | ||
Fidelity® VIP Contrafund® Portfolio (Service Class 2) | ||
Fidelity® VIP Mid Cap Portfolio (Service Class 2) | ||
Fidelity® VIP Overseas Portfolio (Initial Class) | ||
Franklin Income VIP Fund (Class 2) | ||
Franklin Mutual Global Discovery VIP Fund (Class 2) | ||
Franklin Mutual Shares VIP Fund (Class 2) | ||
Franklin Small Cap Value VIP Fund (Class 2) | ||
Franklin Strategic Income VIP Fund (Class 1) | ||
Putnam VT George Putnam Balanced Fund (Class IA) | ||
Hartford Balanced HLS Fund (Class IA) | ||
Hartford Capital Appreciation HLS Fund (Class IA) | ||
Hartford Disciplined Equity HLS Fund (Class IA) | ||
Hartford Dividend and Growth HLS Fund (Class IA) | ||
Hartford International Opportunities HLS Fund (Class IA) |
SA-75 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
1. Organization (continued): |
Hartford MidCap HLS Fund (Class IA) | ||
Hartford Small Company HLS Fund (Class IA) | ||
Hartford Stock HLS Fund (Class IA) | ||
Hartford Total Return Bond HLS Fund (Class IA) | ||
Hartford Ultrashort Bond HLS Fund (Class IA) | ||
Invesco V.I. American Franchise Fund (Series I) | ||
Invesco V.I. American Value Fund (Series II) | ||
Invesco V.I. Balanced-Risk Allocation Fund (Series I) | ||
Invesco V.I. Comstock Fund (Series II) | ||
Invesco V.I. Core Equity Fund (Series I) | ||
Invesco V.I. EQV International Equity Fund (Series I) | ||
Invesco V.I. Main Street Mid Cap Fund® (Series I) | ||
Invesco V.I. Small Cap Equity Fund (Series I) | ||
Lord Abbett Bond Debenture Portfolio (Class VC) | ||
Lord Abbett Dividend Growth Portfolio (Class VC) | ||
Lord Abbett Growth and Income Portfolio (Class VC) | ||
MFS® Investors Trust Series (Initial Class) | ||
MFS® New Discovery Series (Initial Class) | ||
MFS® Total Return Bond Series (Initial Class) | ||
MFS® Total Return Series (Initial Class) | ||
MFS® Value Series (Initial Class) | ||
Invesco V.I. Capital Appreciation Fund (Series II) | ||
Invesco V.I. Global Fund (Series II) | ||
Invesco V.I. Main Street Fund® (Series II) | ||
Invesco V.I. Main Street Small Cap Fund® (Series II) | ||
Putnam VT Small Cap Growth Fund (Class IB) | ||
Putnam VT Diversified Income Fund (Class IA) | ||
Putnam VT Large Cap Value Fund (Class IA) | ||
Putnam VT Global Asset Allocation Fund (Class IA) | ||
Putnam VT Focused International Equity Fund (Class IA) | ||
Putnam VT Global Health Care Fund (Class IA) | ||
Putnam VT High Yield Fund (Class IA) | ||
Putnam VT Income Fund (Class IA) | ||
Putnam VT International Equity Fund (Class IA) | ||
Putnam VT Emerging Markets Equity Fund (Class IA) | ||
Putnam VT International Value Fund (Class IA) | ||
Putnam VT Core Equity Fund (Class IA) (formerly Putnam VT Multi-Cap Core Fund (Class IA)) | ||
Putnam VT Government Money Market Fund (Class IA) | ||
Putnam VT Sustainable Leaders Fund (Class IA) | ||
Putnam VT Small Cap Value Fund (Class IB) | ||
Templeton Foreign VIP Fund (Class 2) | ||
Templeton Global Bond VIP Fund (Class 2) | ||
Templeton Growth VIP Fund (Class 2) | ||
Morgan Stanley VIF Discovery Portfolio (Class II) | ||
Putnam VT Large Cap Growth Fund (Class IA) (formerly Putnam VT Growth Opportunities Fund (Class IA)) | ||
BlackRock S&P 500 Index V.I. Fund (Class I) |
SA-76 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
1. Organization (continued): |
Fidelity® VIP Equity-Income Portfolio (Service Class 2) | ||
Putnam VT Diversified Income Fund (Class IB) | ||
Putnam VT Large Cap Value Fund (Class IB) | ||
Putnam VT Focused International Equity Fund (Class IB) | ||
Putnam VT High Yield Fund (Class IB) | ||
Putnam VT Income Fund (Class IB) | ||
Putnam VT International Equity Fund (Class IB) | ||
Putnam VT Sustainable Leaders Fund (Class IB) | ||
Putnam VT Large Cap Growth Fund (Class IB) (formerly Putnam VT Growth Opportunities Fund (Class IB)) | ||
Invesco V.I. Discovery Mid Cap Growth Fund (Series I) |
SA-77 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
2. Significant Accounting Policies (continued): |
SA-78 | ||||||||
Separate Account VL I | ||||||||
Talcott Resolution Life and Annuity Insurance Company | ||||||||
Notes to Financial Statements | ||||||||
3. Administration of the Account and Related Charges: |
Rider Name | Increment | $ or % | ||||||
Enhanced No Lapse Guarantee Rider | monthly, per $1,000 face amount | $0.10* | ||||||
Term Insurance Rider | monthly, per $1,000 of the net amount at risk | $83.33* | ||||||
Death Benefit Guarantee Charge | monthly, per $1,000 face amount | $0.06* | ||||||
Deduction Amount Waiver Rider | of the monthly deduction amount | 34.50%* | ||||||
Waiver of Specified Amount Disability Benefit Rider | monthly, per $1 of specified amount | $0.199* | ||||||
Accidental Death Benefit Rider | monthly, per $1,000 of the net amount at risk | $0.183* | ||||||
Child Insurance Rider | monthly, per $1,000 of benefit | $0.50 | ||||||
Accelerated Death Benefit Rider | one time charge when benefit exercised | $300.00 | ||||||
Lifetime No Lapse Guarantee Rider | monthly, per $1,000 of the face amount | $0.06* | ||||||
Single Life Yearly Renewable Term Life Insurance Rider | monthly, per $1,000 of the net amount at risk | $14.953* | ||||||
Waiver of Scheduled Premium Option Rider | each time waived | 11.00% | ||||||
Estate Protection Rider | monthly, per $1,000 of the face amount | $0.7437* | ||||||
Guaranteed Withdrawal Benefit | monthly, account value invested in the Eligible Investment Choices | 0.0625% | ||||||
Last Survivor Yearly Renewable Term | monthly, per $1,000 of the net amount at risk | $2.3245* | ||||||
LifeAccess Accelerated Benefit Rider | monthly, per $1,000 of the net amount at risk | $19.34304* | ||||||
Policy Continuation Rider | one time charge when benefit exercised | 7.00% | ||||||
* Maximum charge |
SA-79 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
3. Administration of the Account and Related Charges (continued): |
Sub-Account | Purchases at Cost | Proceeds from Sales | |||||||||
AB VPS Sustainable International Thematic Portfolio (Class B) | $ | 5,275 | $ | 164,307 | |||||||
AB VPS International Value Portfolio (Class B) | — | (1) | 324,315 | ||||||||
AB VPS Discovery Value Portfolio (Class B) | 450,454 | 941,001 | |||||||||
American Funds IS Asset Allocation Fund (Class 2) | 434,376 | 6,430,416 | |||||||||
American Funds IS Washington Mutual Investors Fund (Class 2) | 408,995 | 4,167,675 | |||||||||
American Funds IS The Bond Fund of America® (Class 2) | 1,147,047 | 2,678,446 | |||||||||
American Funds IS Global Growth Fund (Class 2) | 443,188 | 5,594,460 | |||||||||
American Funds IS Global Small Capitalization Fund (Class 2) | 474,215 | 1,742,417 | |||||||||
American Funds IS Growth Fund (Class 2) | 455,763 | 22,693,130 | |||||||||
American Funds IS Growth-Income Fund (Class 2) | 1,159,754 | 16,515,049 | |||||||||
American Funds IS International Fund (Class 2) | 598,340 | 3,486,948 | |||||||||
American Funds IS New World Fund® (Class 2) | 595,419 | 2,177,416 | |||||||||
Fidelity® VIP Asset Manager Portfolio (Initial Class) | — | 74,319 | |||||||||
Fidelity® VIP Equity-Income Portfolio (Initial Class) | 314,125 | 2,343,611 | |||||||||
Fidelity® VIP Freedom 2010 Portfolio (Service Class 2) | 24,360 | 259,570 | |||||||||
Fidelity® VIP Freedom 2020 Portfolio (Service Class 2) | 1,480,453 | 261,133 | |||||||||
Fidelity® VIP Freedom 2030 Portfolio (Service Class 2) | 1,417,948 | 353,907 | |||||||||
Fidelity® VIP Government Money Market Portfolio (Service Class) | 11,706,722 | 11,476,272 | |||||||||
Fidelity® VIP Contrafund® Portfolio (Service Class 2) | 817,377 | 5,060,714 | |||||||||
Fidelity® VIP Mid Cap Portfolio (Service Class 2) | 823,278 | 2,421,921 | |||||||||
Fidelity® VIP Overseas Portfolio (Initial Class) | — | 23,483 | |||||||||
Franklin Income VIP Fund (Class 2) | 472,583 | 2,622,356 | |||||||||
Franklin Mutual Global Discovery VIP Fund (Class 2) | 1,021,610 | 2,075,478 | |||||||||
Franklin Mutual Shares VIP Fund (Class 2) | — | 3,051,072 | |||||||||
Franklin Small Cap Value VIP Fund (Class 2) | 272,859 | 2,026,498 | |||||||||
Franklin Strategic Income VIP Fund (Class 1) | 222,705 | 992,162 | |||||||||
Putnam VT George Putnam Balanced Fund (Class IA) | — | 25,053 | |||||||||
Hartford Balanced HLS Fund (Class IA) | 484,023 | 5,340,558 | |||||||||
Hartford Capital Appreciation HLS Fund (Class IA) | 835,592 | 15,143,569 | |||||||||
Hartford Disciplined Equity HLS Fund (Class IA) | 240,569 | 7,560,283 | |||||||||
Hartford Dividend and Growth HLS Fund (Class IA) | 1,098,207 | 12,725,135 | |||||||||
Hartford International Opportunities HLS Fund (Class IA) | 526,725 | 4,120,903 |
SA-80 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
4. Purchases and Sales of Investments (continued): |
Sub-Account | Purchases at Cost | Proceeds from Sales | |||||||||
Hartford MidCap HLS Fund (Class IA) | $ | 621,964 | $ | 5,341,783 | |||||||
Hartford Small Company HLS Fund (Class IA) | 333,474 | 2,543,323 | |||||||||
Hartford Stock HLS Fund (Class IA) | 547,592 | 9,558,866 | |||||||||
Hartford Total Return Bond HLS Fund (Class IA) | 1,419,283 | 4,801,484 | |||||||||
Hartford Ultrashort Bond HLS Fund (Class IA) | 2,487,146 | 6,622,968 | |||||||||
Invesco V.I. American Franchise Fund (Series I) | 356,316 | 145,688 | |||||||||
Invesco V.I. American Value Fund (Series II) | 133,827 | 606,951 | |||||||||
Invesco V.I. Balanced-Risk Allocation Fund (Series I) | 108,933 | 109,024 | |||||||||
Invesco V.I. Comstock Fund (Series II) | 465,721 | 2,434,656 | |||||||||
Invesco V.I. Core Equity Fund (Series I) | — | 230,503 | |||||||||
Invesco V.I. EQV International Equity Fund (Series I) | 286,886 | 443,253 | |||||||||
Invesco V.I. Main Street Mid Cap Fund® (Series I) | — | (1) | 631,193 | ||||||||
Invesco V.I. Small Cap Equity Fund (Series I) | 131,461 | 359,244 | |||||||||
Lord Abbett Bond Debenture Portfolio (Class VC) | 344,115 | 681,506 | |||||||||
Lord Abbett Dividend Growth Portfolio (Class VC) | 188,966 | 923,705 | |||||||||
Lord Abbett Growth and Income Portfolio (Class VC) | 230,955 | 898,845 | |||||||||
MFS® Investors Trust Series (Initial Class) | 90,344 | 441,471 | |||||||||
MFS® New Discovery Series (Initial Class) | 60,227 | 456,391 | |||||||||
MFS® Total Return Bond Series (Initial Class) | 734,768 | 1,312,212 | |||||||||
MFS® Total Return Series (Initial Class) | 277,584 | 2,060,326 | |||||||||
MFS® Value Series (Initial Class) | 368,278 | 1,058,572 | |||||||||
Invesco V.I. Capital Appreciation Fund (Series II) | — | 327,354 | |||||||||
Invesco V.I. Global Fund (Series II) | 350,103 | 856,122 | |||||||||
Invesco V.I. Main Street Fund® (Series II) | 18,622 | 181,847 | |||||||||
Invesco V.I. Main Street Small Cap Fund® (Series II) | 390,836 | 418,399 | |||||||||
Putnam VT Small Cap Growth Fund (Class IB) | 7,221 | 517,895 | |||||||||
Putnam VT Diversified Income Fund (Class IA) | — | (1) | 9,875 | ||||||||
Putnam VT Large Cap Value Fund (Class IA) | 15,317 | 664,205 | |||||||||
Putnam VT Global Asset Allocation Fund (Class IA) | — | 8,870 | |||||||||
Putnam VT Focused International Equity Fund (Class IA) | 121,751 | 178,889 | |||||||||
Putnam VT Global Health Care Fund (Class IA) | — | 90,132 | |||||||||
Putnam VT High Yield Fund (Class IA) | 187,046 | 440,014 | |||||||||
Putnam VT Income Fund (Class IA) | 178,739 | 585,863 | |||||||||
Putnam VT International Equity Fund (Class IA) | 237,739 | 1,200,016 | |||||||||
Putnam VT Emerging Markets Equity Fund (Class IA) | — | 5,435 | |||||||||
Putnam VT International Value Fund (Class IA) | — | 16,760 | |||||||||
Putnam VT Core Equity Fund (Class IA) | — | 54,150 | |||||||||
Putnam VT Government Money Market Fund (Class IA) | — | 872 | |||||||||
Putnam VT Sustainable Leaders Fund (Class IA) | 106,271 | 1,028,778 | |||||||||
Putnam VT Small Cap Value Fund (Class IB) | 484,587 | 758,708 | |||||||||
Templeton Foreign VIP Fund (Class 2) | 1,924 | 154,584 | |||||||||
Templeton Global Bond VIP Fund (Class 2) | 447,135 | 929,415 | |||||||||
Templeton Growth VIP Fund (Class 2) | — | 955,032 | |||||||||
Morgan Stanley VIF Discovery Portfolio (Class II) | 195,344 | 397,788 |
SA-81 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
4. Purchases and Sales of Investments (continued): |
Sub-Account | Purchases at Cost | Proceeds from Sales | |||||||||
Putnam VT Large Cap Growth Fund (Class IA) | $ | 663,881 | $ | 1,860,664 | |||||||
BlackRock S&P 500 Index V.I. Fund (Class I) | 2,451,501 | 4,848,470 | |||||||||
Fidelity® VIP Equity-Income Portfolio (Service Class 2) | 205,130 | 784,976 | |||||||||
Putnam VT Diversified Income Fund (Class IB) | 29,390 | 94,045 | |||||||||
Putnam VT Large Cap Value Fund (Class IB) | 525,557 | 1,255,855 | |||||||||
Putnam VT Focused International Equity Fund (Class IB) | 50,420 | 20,357 | |||||||||
Putnam VT High Yield Fund (Class IB) | 768,972 | 1,321,065 | |||||||||
Putnam VT Income Fund (Class IB) | 316,047 | 548,282 | |||||||||
Putnam VT International Equity Fund (Class IB) | 590,699 | 588,563 | |||||||||
Putnam VT Sustainable Leaders Fund (Class IB) | 71,758 | 404,764 | |||||||||
Putnam VT Large Cap Growth Fund (Class IB) | 1,012,877 | 732,481 | |||||||||
Invesco V.I. Discovery Mid Cap Growth Fund (Series I) | — | 263,314 | |||||||||
(1) Amount is less than $1 dollar. |
Sub-Account | Units Issued | Units Redeemed | Net Increase (Decrease) | ||||||||||||||
AB VPS Sustainable International Thematic Portfolio (Class B) | 387 | 11,854 | (11,467) | ||||||||||||||
AB VPS International Value Portfolio (Class B) | — | (1) | 29,500 | (29,500) | |||||||||||||
AB VPS Discovery Value Portfolio (Class B) | 12,848 | 26,068 | (13,220) | ||||||||||||||
American Funds IS Asset Allocation Fund (Class 2) | 10,308 | 152,249 | (141,941) | ||||||||||||||
American Funds IS Washington Mutual Investors Fund (Class 2) | 7,906 | 80,508 | (72,602) | ||||||||||||||
American Funds IS The Bond Fund of America® (Class 2) | 66,343 | 155,347 | (89,004) | ||||||||||||||
American Funds IS Global Growth Fund (Class 2) | 79,448 | 1,027,471 | (948,023) | ||||||||||||||
American Funds IS Global Small Capitalization Fund (Class 2) | 105,607 | 389,099 | (283,492) | ||||||||||||||
American Funds IS Growth Fund (Class 2) | 77,224 | 3,845,286 | (3,768,062) | ||||||||||||||
American Funds IS Growth-Income Fund (Class 2) | 221,057 | 3,097,538 | (2,876,481) | ||||||||||||||
American Funds IS International Fund (Class 2) | 15,803 | 94,461 | (78,658) | ||||||||||||||
American Funds IS New World Fund® (Class 2) | 11,194 | 41,417 | (30,223) | ||||||||||||||
Fidelity® VIP Asset Manager Portfolio (Initial Class) | — | 13,452 | (13,452) | ||||||||||||||
Fidelity® VIP Equity-Income Portfolio (Initial Class) | 34,368 | 254,947 | (220,579) | ||||||||||||||
Fidelity® VIP Freedom 2010 Portfolio (Service Class 2) | 1,227 | 13,022 | (11,795) | ||||||||||||||
Fidelity® VIP Freedom 2020 Portfolio (Service Class 2) | 68,773 | 12,068 | 56,705 | ||||||||||||||
Fidelity® VIP Freedom 2030 Portfolio (Service Class 2) | 60,027 | 14,668 | 45,359 | ||||||||||||||
Fidelity® VIP Government Money Market Portfolio (Service Class) | 1,079,986 | 1,060,094 | 19,892 | ||||||||||||||
Fidelity® VIP Contrafund® Portfolio (Service Class 2) | 16,190 | 107,243 | (91,053) | ||||||||||||||
Fidelity® VIP Mid Cap Portfolio (Service Class 2) | 20,690 | 59,906 | (39,216) | ||||||||||||||
Fidelity® VIP Overseas Portfolio (Initial Class) | — | 5,096 | (5,096) | ||||||||||||||
Franklin Income VIP Fund (Class 2) | 18,165 | 101,664 | (83,499) | ||||||||||||||
Franklin Mutual Global Discovery VIP Fund (Class 2) | 35,619 | 72,161 | (36,542) | ||||||||||||||
Franklin Mutual Shares VIP Fund (Class 2) | — | 88,721 | (88,721) |
SA-82 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
5. Changes in Units Outstanding (continued): |
Sub-Account | Units Issued | Units Redeemed | Net Increase (Decrease) | ||||||||||||||
Franklin Small Cap Value VIP Fund (Class 2) | 4,656 | 34,868 | (30,212) | ||||||||||||||
Franklin Strategic Income VIP Fund (Class 1) | 12,778 | 57,088 | (44,310) | ||||||||||||||
Putnam VT George Putnam Balanced Fund (Class IA) | — | 668 | (668) | ||||||||||||||
Hartford Balanced HLS Fund (Class IA) | 53,010 | 593,764 | (540,754) | ||||||||||||||
Hartford Capital Appreciation HLS Fund (Class IA) | 36,554 | 669,494 | (632,940) | ||||||||||||||
Hartford Disciplined Equity HLS Fund (Class IA) | 35,816 | 1,144,706 | (1,108,890) | ||||||||||||||
Hartford Dividend and Growth HLS Fund (Class IA) | 67,502 | 797,788 | (730,286) | ||||||||||||||
Hartford International Opportunities HLS Fund (Class IA) | 87,175 | 689,249 | (602,074) | ||||||||||||||
Hartford MidCap HLS Fund (Class IA) | 43,767 | 373,569 | (329,802) | ||||||||||||||
Hartford Small Company HLS Fund (Class IA) | 44,721 | 338,895 | (294,174) | ||||||||||||||
Hartford Stock HLS Fund (Class IA) | 37,715 | 654,215 | (616,500) | ||||||||||||||
Hartford Total Return Bond HLS Fund (Class IA) | 365,277 | 1,253,308 | (888,031) | ||||||||||||||
Hartford Ultrashort Bond HLS Fund (Class IA) | 1,259,125 | 3,342,071 | (2,082,946) | ||||||||||||||
Invesco V.I. American Franchise Fund (Series I) | 9,821 | 3,973 | 5,848 | ||||||||||||||
Invesco V.I. American Value Fund (Series II) | 4,558 | 21,625 | (17,067) | ||||||||||||||
Invesco V.I. Balanced-Risk Allocation Fund (Series I) | 6,081 | 6,129 | (48) | ||||||||||||||
Invesco V.I. Comstock Fund (Series II) | 12,441 | 65,539 | (53,098) | ||||||||||||||
Invesco V.I. Core Equity Fund (Series I) | — | 5,396 | (5,396) | ||||||||||||||
Invesco V.I. EQV International Equity Fund (Series I) | 15,906 | 24,913 | (9,007) | ||||||||||||||
Invesco V.I. Main Street Mid Cap Fund® (Series I) | — | (1) | 14,782 | (14,782) | |||||||||||||
Invesco V.I. Small Cap Equity Fund (Series I) | 3,513 | 9,957 | (6,444) | ||||||||||||||
Lord Abbett Bond Debenture Portfolio (Class VC) | 15,804 | 31,418 | (15,614) | ||||||||||||||
Lord Abbett Dividend Growth Portfolio (Class VC) | 4,374 | 22,016 | (17,642) | ||||||||||||||
Lord Abbett Growth and Income Portfolio (Class VC) | 7,500 | 28,899 | (21,399) | ||||||||||||||
MFS® Investors Trust Series (Initial Class) | 1,962 | 9,470 | (7,508) | ||||||||||||||
MFS® New Discovery Series (Initial Class) | 930 | 7,163 | (6,233) | ||||||||||||||
MFS® Total Return Bond Series (Initial Class) | 42,858 | 77,739 | (34,881) | ||||||||||||||
MFS® Total Return Series (Initial Class) | 8,044 | 59,786 | (51,742) | ||||||||||||||
MFS® Value Series (Initial Class) | 10,922 | 31,638 | (20,716) | ||||||||||||||
Invesco V.I. Capital Appreciation Fund (Series II) | — | 8,285 | (8,285) | ||||||||||||||
Invesco V.I. Global Fund (Series II) | 9,786 | 24,584 | (14,798) | ||||||||||||||
Invesco V.I. Main Street Fund® (Series II) | 467 | 4,619 | (4,152) | ||||||||||||||
Invesco V.I. Main Street Small Cap Fund® (Series II) | 10,691 | 11,287 | (596) | ||||||||||||||
Putnam VT Small Cap Growth Fund (Class IB) | 136 | 9,196 | (9,060) | ||||||||||||||
Putnam VT Diversified Income Fund (Class IA) | — | 288 | (288) | ||||||||||||||
Putnam VT Large Cap Value Fund (Class IA) | 245 | 10,616 | (10,371) | ||||||||||||||
Putnam VT Global Asset Allocation Fund (Class IA) | — | 122 | (122) | ||||||||||||||
Putnam VT Focused International Equity Fund (Class IA) | 1,878 | 2,813 | (935) | ||||||||||||||
Putnam VT Global Health Care Fund (Class IA) | — | 1,375 | (1,375) | ||||||||||||||
Putnam VT High Yield Fund (Class IA) | 3,253 | 7,637 | (4,384) | ||||||||||||||
Putnam VT Income Fund (Class IA) | 4,773 | 15,553 | (10,780) | ||||||||||||||
Putnam VT International Equity Fund (Class IA) | 7,609 | 39,991 | (32,382) | ||||||||||||||
Putnam VT Emerging Markets Equity Fund (Class IA) | — | 216 | (216) | ||||||||||||||
Putnam VT International Value Fund (Class IA) | — | 572 | (572) |
SA-83 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
5. Changes in Units Outstanding (continued): |
Sub-Account | Units Issued | Units Redeemed | Net Increase (Decrease) | ||||||||||||||
Putnam VT Core Equity Fund (Class IA) | — | 1,191 | (1,191) | ||||||||||||||
Putnam VT Government Money Market Fund (Class IA) | — | 449 | (449) | ||||||||||||||
Putnam VT Sustainable Leaders Fund (Class IA) | 931 | 9,047 | (8,116) | ||||||||||||||
Putnam VT Small Cap Value Fund (Class IB) | 17,314 | 25,850 | (8,536) | ||||||||||||||
Templeton Foreign VIP Fund (Class 2) | 81 | 6,622 | (6,541) | ||||||||||||||
Templeton Global Bond VIP Fund (Class 2) | 26,565 | 55,977 | (29,412) | ||||||||||||||
Templeton Growth VIP Fund (Class 2) | — | 53,275 | (53,275) | ||||||||||||||
Morgan Stanley VIF Discovery Portfolio (Class II) | 6,055 | 12,656 | (6,601) | ||||||||||||||
Putnam VT Large Cap Growth Fund (Class IA) | 21,906 | 65,738 | (43,832) | ||||||||||||||
BlackRock S&P 500 Index V.I. Fund (Class I) | 148,156 | 284,890 | (136,734) | ||||||||||||||
Fidelity® VIP Equity-Income Portfolio (Service Class 2) | 6,219 | 23,408 | (17,189) | ||||||||||||||
Putnam VT Diversified Income Fund (Class IB) | 1,823 | 5,836 | (4,013) | ||||||||||||||
Putnam VT Large Cap Value Fund (Class IB) | 8,336 | 20,067 | (11,731) | ||||||||||||||
Putnam VT Focused International Equity Fund (Class IB) | 1,408 | 565 | 843 | ||||||||||||||
Putnam VT High Yield Fund (Class IB) | 25,313 | 43,367 | (18,054) | ||||||||||||||
Putnam VT Income Fund (Class IB) | 16,692 | 29,030 | (12,338) | ||||||||||||||
Putnam VT International Equity Fund (Class IB) | 20,502 | 20,667 | (165) | ||||||||||||||
Putnam VT Sustainable Leaders Fund (Class IB) | 1,014 | 6,010 | (4,996) | ||||||||||||||
Putnam VT Large Cap Growth Fund (Class IB) | 33,205 | 25,182 | 8,023 | ||||||||||||||
Invesco V.I. Discovery Mid Cap Growth Fund (Series I) | — | 21,289 | (21,289) | ||||||||||||||
(1) Amount is less than 1 unit. | |||||||||||||||||
Sub-Account | Units Issued | Units Redeemed | Net Increase (Decrease) | ||||||||||||||
AB VPS Sustainable International Thematic Portfolio (Class B) | — | 5,922 | (5,922) | ||||||||||||||
AB VPS International Value Portfolio (Class B) | 302 | 44,297 | (43,995) | ||||||||||||||
AB VPS Discovery Value Portfolio (Class B) | 20,293 | 34,208 | (13,915) | ||||||||||||||
American Funds IS Asset Allocation Fund (Class 2) | 37,458 | 183,703 | (146,245) | ||||||||||||||
American Funds IS Washington Mutual Investors Fund (Class 2) | 18,141 | 105,971 | (87,830) | ||||||||||||||
American Funds IS The Bond Fund of America® (Class 2) | 67,847 | 148,860 | (81,013) | ||||||||||||||
American Funds IS Global Growth Fund (Class 2) | 70,299 | 1,002,655 | (932,356) | ||||||||||||||
American Funds IS Global Small Capitalization Fund (Class 2) | 113,115 | 481,461 | (368,346) | ||||||||||||||
American Funds IS Growth Fund (Class 2) | 170,203 | 4,994,079 | (4,823,876) | ||||||||||||||
American Funds IS Growth-Income Fund (Class 2) | 231,411 | 3,754,962 | (3,523,551) | ||||||||||||||
American Funds IS International Fund (Class 2) | 19,253 | 86,594 | (67,341) | ||||||||||||||
American Funds IS New World Fund® (Class 2) | 12,886 | 47,310 | (34,424) | ||||||||||||||
Fidelity® VIP Asset Manager Portfolio (Initial Class) | — | 12,835 | (12,835) | ||||||||||||||
Fidelity® VIP Equity-Income Portfolio (Initial Class) | 147,960 | 313,169 | (165,209) | ||||||||||||||
Fidelity® VIP Freedom 2010 Portfolio (Service Class 2) | 10,087 | 5,954 | 4,133 | ||||||||||||||
Fidelity® VIP Freedom 2020 Portfolio (Service Class 2) | 5,397 | 8,746 | (3,349) | ||||||||||||||
Fidelity® VIP Freedom 2030 Portfolio (Service Class 2) | 34,567 | 32,406 | 2,161 |
SA-84 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
5. Changes in Units Outstanding (continued): |
Sub-Account | Units Issued | Units Redeemed | Net Increase (Decrease) | ||||||||||||||
Fidelity® VIP Government Money Market Portfolio (Service Class) | 1,370,594 | 1,108,745 | 261,849 | ||||||||||||||
Fidelity® VIP Contrafund® Portfolio (Service Class 2) | 11,947 | 106,658 | (94,711) | ||||||||||||||
Fidelity® VIP Mid Cap Portfolio (Service Class 2) | 18,484 | 46,793 | (28,309) | ||||||||||||||
Fidelity® VIP Overseas Portfolio (Initial Class) | — | 5,270 | (5,270) | ||||||||||||||
Franklin Income VIP Fund (Class 2) | 62,043 | 106,258 | (44,215) | ||||||||||||||
Franklin Mutual Global Discovery VIP Fund (Class 2) | 34,568 | 75,000 | (40,432) | ||||||||||||||
Franklin Mutual Shares VIP Fund (Class 2) | 19 | 96,087 | (96,068) | ||||||||||||||
Franklin Small Cap Value VIP Fund (Class 2) | 5,451 | 45,909 | (40,458) | ||||||||||||||
Franklin Strategic Income VIP Fund (Class 1) | 15,328 | 60,174 | (44,846) | ||||||||||||||
Putnam VT George Putnam Balanced Fund (Class IA) | — | 1,496 | (1,496) | ||||||||||||||
Hartford Balanced HLS Fund (Class IA) | 205,379 | 624,052 | (418,673) | ||||||||||||||
Hartford Capital Appreciation HLS Fund (Class IA) | 16,768 | 669,047 | (652,279) | ||||||||||||||
Hartford Disciplined Equity HLS Fund (Class IA) | 64,382 | 1,041,187 | (976,805) | ||||||||||||||
Hartford Dividend and Growth HLS Fund (Class IA) | 75,558 | 671,633 | (596,075) | ||||||||||||||
Hartford International Opportunities HLS Fund (Class IA) | 156,159 | 374,909 | (218,750) | ||||||||||||||
Hartford MidCap HLS Fund (Class IA) | 39,373 | 365,349 | (325,976) | ||||||||||||||
Hartford Small Company HLS Fund (Class IA) | 123,661 | 385,856 | (262,195) | ||||||||||||||
Hartford Stock HLS Fund (Class IA) | 54,873 | 557,851 | (502,978) | ||||||||||||||
Hartford Total Return Bond HLS Fund (Class IA) | 532,317 | 1,698,607 | (1,166,290) | ||||||||||||||
Hartford Ultrashort Bond HLS Fund (Class IA) | 1,087,706 | 3,916,838 | (2,829,132) | ||||||||||||||
Invesco V.I. American Franchise Fund (Series I) | 3,133 | 12,918 | (9,785) | ||||||||||||||
Invesco V.I. American Value Fund (Series II) | 15,981 | 12,385 | 3,596 | ||||||||||||||
Invesco V.I. Balanced-Risk Allocation Fund (Series I) | 7,044 | 24,894 | (17,850) | ||||||||||||||
Invesco V.I. Comstock Fund (Series II) | 60,563 | 59,346 | 1,217 | ||||||||||||||
Invesco V.I. Core Equity Fund (Series I) | — | 2,959 | (2,959) | ||||||||||||||
Invesco V.I. EQV International Equity Fund (Series I) | 8,072 | 30,599 | (22,527) | ||||||||||||||
Invesco V.I. Main Street Mid Cap Fund® (Series I) | 147 | 22,653 | (22,506) | ||||||||||||||
Invesco V.I. Small Cap Equity Fund (Series I) | 3,191 | 23,916 | (20,725) | ||||||||||||||
Lord Abbett Bond Debenture Portfolio (Class VC) | 16,463 | 34,100 | (17,637) | ||||||||||||||
Lord Abbett Dividend Growth Portfolio (Class VC) | 2,452 | 16,759 | (14,307) | ||||||||||||||
Lord Abbett Growth and Income Portfolio (Class VC) | 25,870 | 38,699 | (12,829) | ||||||||||||||
MFS® Investors Trust Series (Initial Class) | 3,539 | 15,423 | (11,884) | ||||||||||||||
MFS® New Discovery Series (Initial Class) | 2,722 | 10,459 | (7,737) | ||||||||||||||
MFS® Total Return Bond Series (Initial Class) | 37,453 | 95,683 | (58,230) | ||||||||||||||
MFS® Total Return Series (Initial Class) | 5,527 | 53,645 | (48,118) | ||||||||||||||
MFS® Value Series (Initial Class) | 16,380 | 48,039 | (31,659) | ||||||||||||||
Invesco V.I. Capital Appreciation Fund (Series II) | — | 8,316 | (8,316) | ||||||||||||||
Invesco V.I. Global Fund (Series II) | 4,937 | 27,473 | (22,536) | ||||||||||||||
Invesco V.I. Main Street Fund® (Series II) | 1,333 | 10,295 | (8,962) | ||||||||||||||
Invesco V.I. Main Street Small Cap Fund® (Series II) | 4,202 | 6,611 | (2,409) | ||||||||||||||
Putnam VT Small Cap Growth Fund (Class IB) | 52 | 6,764 | (6,712) | ||||||||||||||
Putnam VT Diversified Income Fund (Class IA) | — | 1,383 | (1,383) | ||||||||||||||
Putnam VT Large Cap Value Fund (Class IA) | 128 | 17,608 | (17,480) | ||||||||||||||
Putnam VT Global Asset Allocation Fund (Class IA) | 7 | 235 | (228) |
SA-85 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
5. Changes in Units Outstanding (continued): |
Sub-Account | Units Issued | Units Redeemed | Net Increase (Decrease) | ||||||||||||||
Putnam VT Focused International Equity Fund (Class IA) | 2,322 | 6,632 | (4,310) | ||||||||||||||
Putnam VT Global Health Care Fund (Class IA) | — | 1,855 | (1,855) | ||||||||||||||
Putnam VT High Yield Fund (Class IA) | 1,551 | 5,731 | (4,180) | ||||||||||||||
Putnam VT Income Fund (Class IA) | 3,548 | 9,644 | (6,096) | ||||||||||||||
Putnam VT International Equity Fund (Class IA) | 19,023 | 17,748 | 1,275 | ||||||||||||||
Putnam VT Emerging Markets Equity Fund (Class IA) | — | 967 | (967) | ||||||||||||||
Putnam VT International Value Fund (Class IA) | — | 590 | (590) | ||||||||||||||
Putnam VT Core Equity Fund (Class IA) | — | 1,897 | (1,897) | ||||||||||||||
Putnam VT Government Money Market Fund (Class IA) | — | 457 | (457) | ||||||||||||||
Putnam VT Sustainable Leaders Fund (Class IA) | 1,218 | 14,165 | (12,947) | ||||||||||||||
Putnam VT Small Cap Value Fund (Class IB) | 12,288 | 42,628 | (30,340) | ||||||||||||||
Templeton Foreign VIP Fund (Class 2) | 558 | 10,777 | (10,219) | ||||||||||||||
Templeton Global Bond VIP Fund (Class 2) | 12,514 | 54,300 | (41,786) | ||||||||||||||
Templeton Growth VIP Fund (Class 2) | 11,131 | 74,442 | (63,311) | ||||||||||||||
Morgan Stanley VIF Discovery Portfolio (Class II) | 7,588 | 22,954 | (15,366) | ||||||||||||||
Putnam VT Large Cap Growth Fund (Class IA) | 21,086 | 112,920 | (91,834) | ||||||||||||||
BlackRock S&P 500 Index V.I. Fund (Class I) | 83,541 | 363,241 | (279,700) | ||||||||||||||
Fidelity® VIP Equity-Income Portfolio (Service Class 2) | 18,414 | 24,520 | (6,106) | ||||||||||||||
Putnam VT Diversified Income Fund (Class IB) | 17,471 | 10,191 | 7,280 | ||||||||||||||
Putnam VT Large Cap Value Fund (Class IB) | 21,532 | 20,178 | 1,354 | ||||||||||||||
Putnam VT Focused International Equity Fund (Class IB) | 328 | 266 | 62 | ||||||||||||||
Putnam VT High Yield Fund (Class IB) | 27,970 | 35,520 | (7,550) | ||||||||||||||
Putnam VT Income Fund (Class IB) | 10,177 | 20,107 | (9,930) | ||||||||||||||
Putnam VT International Equity Fund (Class IB) | 13,598 | 14,584 | (986) | ||||||||||||||
Putnam VT Sustainable Leaders Fund (Class IB) | 747 | 6,294 | (5,547) | ||||||||||||||
Putnam VT Large Cap Growth Fund (Class IB) | 27,637 | 31,973 | (4,336) | ||||||||||||||
Invesco V.I. Discovery Mid Cap Growth Fund (Series I) | — | 19,363 | (19,363) |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
AB VPS Sustainable International Thematic Portfolio (Class B) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 92,962 | $ | 14.79 | to | $ | 14.79 | $ | 1,374,634 | —% | to | —% | —% | to | —% | 12.35% | to | 12.35% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 104,429 | 13.16 | to | 13.16 | 1,374,427 | — | to | — | — | to | — | (27.81) | to | (27.81) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 110,351 | 18.23 | to | 18.23 | 2,011,743 | — | to | — | — | to | — | 8.01 | to | 8.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 128,117 | 16.88 | to | 16.88 | 2,162,469 | — | to | — | 1.11 | to | 1.11 | 29.60 | to | 29.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 153,949 | 13.02 | to | 13.02 | 2,004,998 | — | to | — | 0.28 | to | 0.28 | 27.23 | to | 27.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-86 | ||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
AB VPS International Value Portfolio (Class B) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 356,054 | $ | 11.53 | to | $ | 11.53 | $ | 4,103,898 | —% | to | —% | 0.69% | to | 0.69% | 14.83% | to | 14.83% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 385,554 | 10.04 | to | 10.04 | 3,869,962 | — | to | — | 4.07 | to | 4.07 | (13.79) | to | (13.79) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 429,549 | 11.64 | to | 11.64 | 5,001,508 | — | to | — | 1.67 | to | 1.67 | 10.85 | to | 10.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 462,066 | 10.50 | to | 10.50 | 4,853,341 | — | to | — | 1.51 | to | 1.51 | 2.21 | to | 2.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 537,569 | 10.28 | to | 10.28 | 5,524,270 | — | to | — | 0.79 | to | 0.79 | 16.79 | to | 16.79 | |||||||||||||||||||||||||||||||||||||||||||||||||||
AB VPS Discovery Value Portfolio (Class B) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 350,891 | 40.71 | to | 40.71 | 14,285,906 | — | to | — | 0.82 | to | 0.82 | 16.86 | to | 16.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 364,111 | 34.84 | to | 34.84 | 12,685,138 | — | to | — | 0.82 | to | 0.82 | (15.82) | to | (15.82) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 378,026 | 41.38 | to | 41.38 | 15,644,499 | — | to | — | 0.61 | to | 0.61 | 35.60 | to | 35.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 371,766 | 30.52 | to | 30.52 | 11,345,852 | — | to | — | 0.80 | to | 0.80 | 3.05 | to | 3.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 409,814 | 29.61 | to | 29.61 | 12,136,424 | — | to | — | 0.32 | to | 0.32 | 19.90 | to | 19.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||
American Funds IS Asset Allocation Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 2,164,571 | 46.04 | to | 46.04 | 99,654,433 | — | to | — | 2.23 | to | 2.23 | 14.27 | to | 14.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 2,306,512 | 40.29 | to | 40.29 | 92,929,307 | — | to | — | 1.89 | to | 1.89 | (13.40) | to | (13.40) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 2,452,757 | 46.53 | to | 46.53 | 114,118,258 | — | to | — | 1.53 | to | 1.53 | 15.10 | to | 15.10 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 2,616,497 | 40.42 | to | 40.42 | 105,765,200 | — | to | — | 1.65 | to | 1.65 | 12.46 | to | 12.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 2,815,389 | 35.94 | to | 35.94 | 101,198,582 | — | to | — | 1.90 | to | 1.90 | 21.23 | to | 21.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||
American Funds IS Washington Mutual Investors Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 1,385,491 | 57.61 | to | 57.61 | 79,823,704 | — | to | — | 1.89 | to | 1.89 | 17.29 | to | 17.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 1,458,093 | 49.12 | to | 49.12 | 71,625,291 | — | to | — | 1.91 | to | 1.91 | (8.45) | to | (8.45) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 1,545,923 | 53.66 | to | 53.66 | 82,951,519 | — | to | — | 1.45 | to | 1.45 | 27.78 | to | 27.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 1,629,684 | 41.99 | to | 41.99 | 68,434,870 | — | to | — | 1.75 | to | 1.75 | 8.68 | to | 8.68 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 1,735,352 | 38.64 | to | 38.64 | 67,049,926 | — | to | — | 2.04 | to | 2.04 | 21.38 | to | 21.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||
American Funds IS The Bond Fund of America® (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 2,411,501 | 17.89 | to | 17.89 | 43,146,124 | — | to | — | 3.46 | to | 3.46 | 5.02 | to | 5.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 2,500,505 | 17.04 | to | 17.04 | 42,600,597 | — | to | — | 2.92 | to | 2.92 | (12.58) | to | (12.58) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 2,581,518 | 19.49 | to | 19.49 | 50,309,508 | — | to | — | 1.41 | to | 1.41 | (0.31) | to | (0.31) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 2,765,733 | 19.55 | to | 19.55 | 54,065,764 | — | to | — | 2.24 | to | 2.24 | 9.73 | to | 9.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 2,531,572 | 17.81 | to | 17.81 | 45,098,129 | — | to | — | 2.59 | to | 2.59 | 9.36 | to | 9.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||
American Funds IS Global Growth Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 14,459,024 | 6.06 | to | 6.06 | 87,610,261 | — | to | — | 0.90 | to | 0.90 | 22.60 | to | 22.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 15,407,047 | 4.94 | to | 4.94 | 76,143,938 | — | to | — | 0.67 | to | 0.67 | (24.74) | to | (24.74) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 16,339,403 | 6.57 | to | 6.57 | 107,294,813 | — | to | — | 0.33 | to | 0.33 | 16.42 | to | 16.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 17,320,318 | 5.64 | to | 5.64 | 97,693,867 | — | to | — | 0.35 | to | 0.35 | 30.47 | to | 30.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 18,850,690 | 4.32 | to | 4.32 | 81,496,622 | — | to | — | 1.11 | to | 1.11 | 35.28 | to | 35.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||
American Funds IS Global Small Capitalization Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 6,047,520 | 4.87 | to | 4.87 | 29,467,870 | — | to | — | 0.26 | to | 0.26 | 16.17 | to | 16.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 6,331,012 | 4.19 | to | 4.19 | 26,554,354 | — | to | — | — | to | — | (29.55) | to | (29.55) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 6,699,358 | 5.95 | to | 5.95 | 39,886,769 | — | to | — | — | to | — | 6.74 | to | 6.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 7,036,908 | 5.58 | to | 5.58 | 39,251,520 | — | to | — | 0.16 | to | 0.16 | 29.72 | to | 29.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 7,539,723 | 4.30 | to | 4.30 | 32,419,527 | — | to | — | 0.16 | to | 0.16 | 31.52 | to | 31.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-87 | |||||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
American Funds IS Growth Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 59,681,673 | $ | 6.90 | to | $ | 6.90 | $ | 411,596,450 | —% | to | —% | 0.36% | to | 0.36% | 38.48% | to | 38.48% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 63,449,735 | 4.98 | to | 4.98 | 315,988,561 | — | to | — | 0.32 | to | 0.32 | (29.94) | to | (29.94) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 68,273,611 | 7.11 | to | 7.11 | 485,290,875 | — | to | — | 0.22 | to | 0.22 | 21.99 | to | 21.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 73,017,366 | 5.83 | to | 5.83 | 425,457,587 | — | to | — | 0.32 | to | 0.32 | 52.08 | to | 52.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 80,243,232 | 3.83 | to | 3.83 | 307,444,720 | — | to | — | 0.75 | to | 0.75 | 30.77 | to | 30.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||
American Funds IS Growth-Income Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 45,773,134 | 6.04 | to | 6.04 | 276,617,116 | — | to | — | 1.38 | to | 1.38 | 26.14 | to | 26.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 48,649,615 | 4.79 | to | 4.79 | 233,080,793 | — | to | — | 1.27 | to | 1.27 | (16.49) | to | (16.49) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 52,173,166 | 5.74 | to | 5.74 | 299,325,800 | — | to | — | 1.12 | to | 1.12 | 24.09 | to | 24.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 55,708,766 | 4.62 | to | 4.62 | 257,553,883 | — | to | — | 1.37 | to | 1.37 | 13.55 | to | 13.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 60,012,178 | 4.07 | to | 4.07 | 244,348,585 | — | to | — | 1.67 | to | 1.67 | 26.14 | to | 26.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||
American Funds IS International Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 1,428,403 | 39.82 | to | 39.82 | 56,883,189 | — | to | — | 1.31 | to | 1.31 | 15.84 | to | 15.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 1,507,061 | 34.38 | to | 34.38 | 51,807,308 | — | to | — | 1.74 | to | 1.74 | (20.79) | to | (20.79) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 1,574,402 | 43.40 | to | 43.40 | 68,323,897 | — | to | — | 2.41 | to | 2.41 | (1.50) | to | (1.50) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 1,643,080 | 44.06 | to | 44.06 | 72,386,956 | — | to | — | 0.66 | to | 0.66 | 13.97 | to | 13.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 1,747,986 | 38.65 | to | 38.65 | 67,567,489 | — | to | — | 1.44 | to | 1.44 | 22.88 | to | 22.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||
American Funds IS New World Fund® (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 582,078 | 56.71 | to | 56.71 | 33,011,460 | — | to | — | 1.46 | to | 1.46 | 16.00 | to | 16.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 612,301 | 48.89 | to | 48.89 | 29,936,912 | — | to | — | 1.32 | to | 1.32 | (22.10) | to | (22.10) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 646,725 | 62.76 | to | 62.76 | 40,588,379 | — | to | — | 0.85 | to | 0.85 | 4.92 | to | 4.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 674,545 | 59.82 | to | 59.82 | 40,348,539 | — | to | — | 0.07 | to | 0.07 | 23.58 | to | 23.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 724,986 | 48.40 | to | 48.40 | 35,090,744 | — | to | — | 0.95 | to | 0.95 | 29.14 | to | 29.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Fidelity® VIP Asset Manager Portfolio (Initial Class) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 107,554 | 5.93 | to | 5.93 | 637,372 | — | to | — | 2.27 | to | 2.27 | 12.94 | to | 12.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 121,006 | 5.25 | to | 5.25 | 634,907 | — | to | — | 2.02 | to | 2.02 | (14.93) | to | (14.93) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 133,841 | 6.17 | to | 6.17 | 825,539 | — | to | — | 1.62 | to | 1.62 | 9.92 | to | 9.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 141,096 | 5.61 | to | 5.61 | 791,747 | — | to | — | 1.50 | to | 1.50 | 14.87 | to | 14.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 150,909 | 4.88 | to | 4.88 | 737,184 | — | to | — | 1.76 | to | 1.76 | 18.25 | to | 18.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Fidelity® VIP Equity-Income Portfolio (Initial Class) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 3,048,287 | 9.96 | to | 9.96 | 30,345,730 | — | to | — | 1.91 | to | 1.91 | 10.65 | to | 10.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 3,268,866 | 9.00 | to | 9.00 | 29,409,920 | — | to | — | 1.88 | to | 1.88 | (4.96) | to | (4.96) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 3,434,075 | 9.47 | to | 9.47 | 32,508,087 | — | to | — | 1.90 | to | 1.90 | 24.89 | to | 24.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 3,694,050 | 7.58 | to | 7.58 | 27,999,384 | — | to | — | 1.80 | to | 1.80 | 6.69 | to | 6.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 4,050,215 | 7.10 | to | 7.10 | 28,772,688 | — | to | — | 2.01 | to | 2.01 | 27.44 | to | 27.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Fidelity® VIP Freedom 2010 Portfolio (Service Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 229,343 | 20.86 | to | 20.86 | 4,783,373 | — | to | — | 3.75 | to | 3.75 | 9.08 | to | 9.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 241,138 | 19.12 | to | 19.12 | 4,610,559 | — | to | — | 1.94 | to | 1.94 | (13.66) | to | (13.66) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 237,005 | 22.15 | to | 22.15 | 5,248,604 | — | to | — | 0.81 | to | 0.81 | 5.60 | to | 5.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 244,599 | 20.97 | to | 20.97 | 5,129,728 | — | to | — | 1.05 | to | 1.05 | 12.24 | to | 12.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 260,624 | 18.69 | to | 18.69 | 4,869,779 | — | to | — | 3.33 | to | 3.33 | 15.75 | to | 15.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Fidelity® VIP Freedom 2020 Portfolio (Service Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 139,189 | 23.19 | to | 23.19 | 3,227,833 | — | to | — | 3.14 | to | 3.14 | 12.22 | to | 12.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 82,484 | 20.66 | to | 20.66 | 1,704,520 | — | to | — | 1.87 | to | 1.87 | (15.97) | to | (15.97) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 85,833 | 24.59 | to | 24.59 | 2,110,764 | — | to | — | 1.07 | to | 1.07 | 9.26 | to | 9.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 61,244 | 22.51 | to | 22.51 | 1,378,390 | — | to | — | 0.95 | to | 0.95 | 14.72 | to | 14.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 91,464 | 19.62 | to | 19.62 | 1,794,392 | — | to | — | 1.80 | to | 1.80 | 19.88 | to | 19.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-88 | |||||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fidelity® VIP Freedom 2030 Portfolio (Service Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 280,024 | $ | 26.24 | to | $ | 26.24 | $ | 7,347,391 | —% | to | —% | 2.48% | to | 2.48% | 14.46% | to | 14.46% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 234,665 | 22.92 | to | 22.92 | 5,379,508 | — | to | — | 1.71 | to | 1.71 | (17.09) | to | (17.09) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 232,504 | 27.65 | to | 27.65 | 6,428,307 | — | to | — | 0.98 | to | 0.98 | 12.07 | to | 12.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 173,556 | 24.67 | to | 24.67 | 4,281,693 | — | to | — | 1.04 | to | 1.04 | 16.64 | to | 16.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 181,365 | 21.15 | to | 21.15 | 3,835,931 | — | to | — | 1.83 | to | 1.83 | 24.11 | to | 24.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Fidelity® VIP Government Money Market Portfolio (Service Class) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 3,220,711 | 11.10 | to | 11.10 | 35,754,074 | — | to | — | 4.69 | to | 4.69 | 4.79 | to | 4.79 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 3,200,819 | 10.59 | to | 10.59 | 33,908,393 | — | to | — | 1.37 | to | 1.37 | 1.36 | to | 1.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 2,938,970 | 10.45 | to | 10.45 | 30,716,999 | — | to | — | 0.01 | to | 0.01 | 0.01 | to | 0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 3,150,513 | 10.45 | to | 10.45 | 32,926,297 | — | to | — | 0.22 | to | 0.22 | 0.28 | to | 0.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 2,114,992 | 10.42 | to | 10.42 | 22,042,718 | — | to | — | 1.89 | to | 1.89 | 1.92 | to | 1.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Fidelity® VIP Contrafund® Portfolio (Service Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 1,261,605 | 54.85 | to | 54.85 | 69,201,621 | — | to | — | 0.26 | to | 0.26 | 33.12 | to | 33.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 1,352,658 | 41.21 | to | 41.21 | 55,738,029 | — | to | — | 0.26 | to | 0.26 | (26.49) | to | (26.49) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 1,447,369 | 56.05 | to | 56.05 | 81,130,319 | — | to | — | 0.03 | to | 0.03 | 27.51 | to | 27.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 1,529,923 | 43.96 | to | 43.96 | 67,255,497 | — | to | — | 0.08 | to | 0.08 | 30.23 | to | 30.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 1,647,605 | 33.75 | to | 33.75 | 55,614,561 | — | to | — | 0.22 | to | 0.22 | 31.27 | to | 31.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Fidelity® VIP Mid Cap Portfolio (Service Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 787,706 | 44.20 | to | 44.20 | 34,819,542 | — | to | — | 0.39 | to | 0.39 | 14.80 | to | 14.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 826,922 | 38.50 | to | 38.50 | 31,840,129 | — | to | — | 0.27 | to | 0.27 | (14.97) | to | (14.97) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 855,231 | 45.28 | to | 45.28 | 38,726,324 | — | to | — | 0.36 | to | 0.36 | 25.31 | to | 25.31 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 898,601 | 36.14 | to | 36.14 | 32,472,705 | — | to | — | 0.40 | to | 0.40 | 17.87 | to | 17.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 975,477 | 30.66 | to | 30.66 | 29,907,176 | — | to | — | 0.67 | to | 0.67 | 23.17 | to | 23.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Fidelity® VIP Overseas Portfolio (Initial Class) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 84,853 | 5.05 | to | 5.05 | 428,330 | — | to | — | 1.05 | to | 1.05 | 20.51 | to | 20.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 89,949 | 4.19 | to | 4.19 | 376,784 | — | to | — | 1.06 | to | 1.06 | (24.48) | to | (24.48) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 95,219 | 5.55 | to | 5.55 | 528,188 | — | to | — | 0.53 | to | 0.53 | 19.70 | to | 19.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 100,181 | 4.63 | to | 4.63 | 464,265 | — | to | — | 0.40 | to | 0.40 | 15.61 | to | 15.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 125,835 | 4.01 | to | 4.01 | 504,403 | — | to | — | 1.71 | to | 1.71 | 27.77 | to | 27.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Franklin Income VIP Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 1,375,278 | 27.34 | to | 27.34 | 37,595,077 | — | to | — | 5.16 | to | 5.16 | 8.62 | to | 8.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 1,458,777 | 25.17 | to | 25.17 | 36,711,936 | — | to | — | 4.84 | to | 4.84 | (5.47) | to | (5.47) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 1,502,992 | 26.62 | to | 26.62 | 40,015,034 | — | to | — | 4.67 | to | 4.67 | 16.75 | to | 16.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 1,576,179 | 22.80 | to | 22.80 | 35,941,632 | — | to | — | 5.90 | to | 5.90 | 0.69 | to | 0.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 1,666,961 | 22.65 | to | 22.65 | 37,749,686 | — | to | — | 5.38 | to | 5.38 | 16.06 | to | 16.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Franklin Mutual Global Discovery VIP Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 898,140 | 31.68 | to | 31.68 | 28,454,836 | — | to | — | 2.47 | to | 2.47 | 20.31 | to | 20.31 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 934,682 | 26.33 | to | 26.33 | 24,613,607 | — | to | — | 1.40 | to | 1.40 | (4.75) | to | (4.75) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 975,114 | 27.65 | to | 27.65 | 26,958,577 | — | to | — | 2.69 | to | 2.69 | 19.13 | to | 19.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 1,021,774 | 23.21 | to | 23.21 | 23,712,924 | — | to | — | 2.33 | to | 2.33 | (4.46) | to | (4.46) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 1,126,416 | 24.29 | to | 24.29 | 27,362,434 | — | to | — | 1.63 | to | 1.63 | 24.37 | to | 24.37 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Franklin Mutual Shares VIP Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 1,012,679 | 37.62 | to | 37.62 | 38,096,765 | — | to | — | 1.88 | to | 1.88 | 13.46 | to | 13.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 1,101,400 | 33.16 | to | 33.16 | 36,517,952 | — | to | — | 1.82 | to | 1.82 | (7.43) | to | (7.43) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 1,197,468 | 35.82 | to | 35.82 | 42,890,395 | — | to | — | 2.87 | to | 2.87 | 19.17 | to | 19.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 1,321,914 | 30.06 | to | 30.06 | 39,731,962 | — | to | — | 2.78 | to | 2.78 | (5.04) | to | (5.04) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 1,507,326 | 31.65 | to | 31.65 | 47,710,915 | — | to | — | 1.80 | to | 1.80 | 22.57 | to | 22.57 | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-89 | |||||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Franklin Small Cap Value VIP Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 475,016 | $ | 63.62 | to | $ | 63.62 | $ | 30,219,033 | —% | to | —% | 0.52% | to | 0.52% | 12.75% | to | 12.75% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 505,228 | 56.43 | to | 56.43 | 28,507,730 | — | to | — | 0.99 | to | 0.99 | (10.06) | to | (10.06) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 545,686 | 62.74 | to | 62.74 | 34,236,311 | — | to | — | 1.01 | to | 1.01 | 25.37 | to | 25.37 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 564,157 | 50.05 | to | 50.05 | 28,233,574 | — | to | — | 1.50 | to | 1.50 | 5.19 | to | 5.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 598,663 | 47.58 | to | 47.58 | 28,482,514 | — | to | — | 1.05 | to | 1.05 | 26.35 | to | 26.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Franklin Strategic Income VIP Fund (Class 1) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 417,116 | 18.27 | to | 18.27 | 7,619,083 | — | to | — | 4.75 | to | 4.75 | 8.37 | to | 8.37 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 461,426 | 16.86 | to | 16.86 | 7,777,620 | — | to | — | 4.44 | to | 4.44 | (10.46) | to | (10.46) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 506,272 | 18.82 | to | 18.82 | 9,529,954 | — | to | — | 3.43 | to | 3.43 | 2.28 | to | 2.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 537,599 | 18.40 | to | 18.40 | 9,893,729 | — | to | — | 4.99 | to | 4.99 | 3.75 | to | 3.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 599,878 | 17.74 | to | 17.74 | 10,640,431 | — | to | — | 5.39 | to | 5.39 | 8.41 | to | 8.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT George Putnam Balanced Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 8,447 | 40.90 | to | 40.90 | 345,517 | — | to | — | 1.48 | to | 1.48 | 20.26 | to | 20.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 9,115 | 34.01 | to | 34.01 | 310,029 | — | to | — | 1.17 | to | 1.17 | (15.82) | to | (15.82) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 10,611 | 40.40 | to | 40.40 | 428,716 | — | to | — | 1.03 | to | 1.03 | 14.28 | to | 14.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 11,572 | 35.35 | to | 35.35 | 409,086 | — | to | — | 1.36 | to | 1.36 | 15.61 | to | 15.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 12,712 | 30.58 | to | 30.58 | 388,719 | — | to | — | 1.60 | to | 1.60 | 24.35 | to | 24.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Hartford Balanced HLS Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 7,678,326 | 9.80 | to | 9.80 | 75,226,862 | — | to | — | 1.89 | to | 1.89 | 14.78 | to | 14.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 8,219,080 | 8.54 | to | 8.54 | 70,156,913 | — | to | — | 1.81 | to | 1.81 | (13.42) | to | (13.42) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 8,637,753 | 9.86 | to | 9.86 | 85,163,749 | — | to | — | 1.01 | to | 1.01 | 19.64 | to | 19.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 9,166,266 | 8.24 | to | 8.24 | 75,536,538 | — | to | — | 1.69 | to | 1.69 | 11.62 | to | 11.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 10,049,534 | 7.38 | to | 7.38 | 74,196,714 | — | to | — | 1.91 | to | 1.91 | 22.80 | to | 22.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Hartford Capital Appreciation HLS Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 8,401,542 | 25.07 | to | 25.07 | 210,658,931 | — | to | — | 0.87 | to | 0.87 | 20.00 | to | 20.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 9,034,482 | 20.89 | to | 20.89 | 188,775,316 | — | to | — | 0.93 | to | 0.93 | (15.30) | to | (15.30) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 9,686,761 | 24.67 | to | 24.67 | 238,961,348 | — | to | — | 0.47 | to | 0.47 | 14.76 | to | 14.76 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 10,434,135 | 21.50 | to | 21.50 | 224,290,493 | — | to | — | 0.96 | to | 0.96 | 21.92 | to | 21.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 11,493,295 | 17.63 | to | 17.63 | 202,647,711 | — | to | — | 1.18 | to | 1.18 | 31.28 | to | 31.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Hartford Disciplined Equity HLS Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 13,960,175 | 7.40 | to | 7.40 | 103,267,740 | — | to | — | 0.84 | to | 0.84 | 21.24 | to | 21.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 15,069,065 | 6.10 | to | 6.10 | 91,938,323 | — | to | — | 1.00 | to | 1.00 | (18.96) | to | (18.96) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 16,045,870 | 7.53 | to | 7.53 | 120,799,892 | — | to | — | 0.57 | to | 0.57 | 25.52 | to | 25.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 17,506,837 | 6.00 | to | 6.00 | 105,005,133 | — | to | — | 0.64 | to | 0.64 | 18.04 | to | 18.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 5,631,679 | 5.08 | to | 5.08 | 28,615,912 | — | to | — | 0.90 | to | 0.90 | 34.12 | to | 34.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Hartford Dividend and Growth HLS Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 10,104,989 | 17.44 | to | 17.44 | 176,196,549 | — | to | — | 1.58 | to | 1.58 | 14.18 | to | 14.18 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 10,835,275 | 15.27 | to | 15.27 | 165,472,630 | — | to | — | 1.69 | to | 1.69 | (8.93) | to | (8.93) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 11,431,350 | 16.77 | to | 16.77 | 191,703,049 | — | to | — | 1.31 | to | 1.31 | 32.00 | to | 32.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 12,175,843 | 12.70 | to | 12.70 | 154,692,622 | — | to | — | 2.07 | to | 2.07 | 7.77 | to | 7.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 11,863,737 | 11.79 | to | 11.79 | 139,861,006 | — | to | — | 1.93 | to | 1.93 | 28.60 | to | 28.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Hartford International Opportunities HLS Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 7,173,078 | 6.31 | to | 6.31 | 45,244,404 | — | to | — | 1.18 | to | 1.18 | 11.71 | to | 11.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 7,775,152 | 5.65 | to | 5.65 | 43,899,286 | — | to | — | 1.66 | to | 1.66 | (18.15) | to | (18.15) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 7,993,902 | 6.90 | to | 6.90 | 55,139,615 | — | to | — | 1.02 | to | 1.02 | 7.82 | to | 7.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 8,327,523 | 6.40 | to | 6.40 | 53,276,081 | — | to | — | 1.93 | to | 1.93 | 20.45 | to | 20.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 8,826,110 | 5.31 | to | 5.31 | 46,879,264 | — | to | — | 1.87 | to | 1.87 | 26.42 | to | 26.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-90 | |||||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Hartford MidCap HLS Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 4,852,406 | $ | 15.62 | to | $ | 15.62 | $ | 75,809,576 | —% | to | —% | 0.04% | to | 0.04% | 14.87% | to | 14.87% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 5,182,208 | 13.60 | to | 13.60 | 70,478,959 | — | to | — | 0.89 | to | 0.89 | (24.30) | to | (24.30) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 5,508,184 | 17.97 | to | 17.97 | 98,961,472 | — | to | — | — | to | — | 9.91 | to | 9.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 5,922,303 | 16.35 | to | 16.35 | 96,810,639 | — | to | — | 0.06 | to | 0.06 | 25.11 | to | 25.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 5,961,344 | 13.07 | to | 13.07 | 77,893,361 | — | to | — | 0.18 | to | 0.18 | 32.87 | to | 32.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Hartford Small Company HLS Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 3,691,032 | 8.29 | to | 8.29 | 30,599,650 | — | to | — | — | to | — | 16.74 | to | 16.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 3,985,206 | 7.10 | to | 7.10 | 28,300,939 | — | to | — | — | to | — | (30.94) | to | (30.94) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 4,247,401 | 10.28 | to | 10.28 | 43,674,031 | — | to | — | — | to | — | 1.56 | to | 1.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 4,562,614 | 10.12 | to | 10.12 | 46,193,912 | — | to | — | — | to | — | 55.52 | to | 55.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 5,487,025 | 6.51 | to | 6.51 | 35,721,852 | — | to | — | — | to | — | 37.00 | to | 37.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Hartford Stock HLS Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 6,373,735 | 15.55 | to | 15.55 | 99,108,263 | — | to | — | 1.31 | to | 1.31 | 7.72 | to | 7.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 6,990,235 | 14.44 | to | 14.44 | 100,907,817 | — | to | — | 1.63 | to | 1.63 | (5.14) | to | (5.14) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 7,493,213 | 15.22 | to | 15.22 | 114,026,619 | — | to | — | 1.22 | to | 1.22 | 24.98 | to | 24.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 8,057,788 | 12.18 | to | 12.18 | 98,109,773 | — | to | — | 1.66 | to | 1.66 | 12.08 | to | 12.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 8,854,296 | 10.86 | to | 10.86 | 96,191,477 | — | to | — | 1.63 | to | 1.63 | 31.22 | to | 31.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Hartford Total Return Bond HLS Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 19,371,298 | 4.03 | to | 4.03 | 78,120,763 | — | to | — | 3.42 | to | 3.42 | 6.97 | to | 6.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 20,259,329 | 3.77 | to | 3.77 | 76,377,672 | — | to | — | 3.00 | to | 3.00 | (14.21) | to | (14.21) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 21,425,619 | 4.39 | to | 4.39 | 94,155,310 | — | to | — | 2.43 | to | 2.43 | (0.94) | to | (0.94) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 21,320,690 | 4.44 | to | 4.44 | 94,587,750 | — | to | — | 3.70 | to | 3.70 | 9.02 | to | 9.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 21,371,053 | 4.07 | to | 4.07 | 86,962,875 | — | to | — | 3.94 | to | 3.94 | 10.65 | to | 10.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Hartford Ultrashort Bond HLS Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 16,389,076 | 2.04 | to | 2.04 | 33,417,327 | — | to | — | 1.28 | to | 1.28 | 5.19 | to | 5.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 18,472,022 | 1.94 | to | 1.94 | 35,807,461 | — | to | — | 0.22 | to | 0.22 | (0.17) | to | (0.17) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 21,301,154 | 1.94 | to | 1.94 | 41,362,155 | — | to | — | 0.71 | to | 0.71 | (0.19) | to | (0.19) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 22,213,870 | 1.95 | to | 1.95 | 43,215,086 | — | to | — | 2.19 | to | 2.19 | 1.44 | to | 1.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 17,914,547 | 1.92 | to | 1.92 | 34,357,772 | — | to | — | 1.91 | to | 1.91 | 2.82 | to | 2.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. American Franchise Fund (Series I) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 89,694 | 42.28 | to | 42.28 | 3,792,575 | — | to | — | — | to | — | 40.93 | to | 40.93 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 83,846 | 30.00 | to | 30.00 | 2,515,707 | — | to | — | — | to | — | (31.11) | to | (31.11) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 93,631 | 43.56 | to | 43.56 | 4,078,125 | — | to | — | — | to | — | 11.93 | to | 11.93 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 102,303 | 38.91 | to | 38.91 | 3,981,032 | — | to | — | 0.08 | to | 0.08 | 42.35 | to | 42.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 109,831 | 27.34 | to | 27.34 | 3,002,364 | — | to | — | — | to | — | 36.76 | to | 36.76 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. American Value Fund (Series II) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 99,881 | 33.28 | to | 33.28 | 3,323,668 | — | to | — | 0.37 | to | 0.37 | 15.29 | to | 15.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 116,948 | 28.86 | to | 28.86 | 3,375,487 | — | to | — | 0.47 | to | 0.47 | (2.86) | to | (2.86) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 113,352 | 29.71 | to | 29.71 | 3,368,142 | — | to | — | 0.23 | to | 0.23 | 27.62 | to | 27.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 118,542 | 23.28 | to | 23.28 | 2,759,935 | — | to | — | 0.66 | to | 0.66 | 0.86 | to | 0.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 147,466 | 23.08 | to | 23.08 | 3,404,137 | — | to | — | 0.41 | to | 0.41 | 24.71 | to | 24.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. Balanced-Risk Allocation Fund (Series I) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 178,295 | 18.58 | to | 18.58 | 3,313,225 | — | to | — | — | to | — | 6.63 | to | 6.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 178,343 | 17.43 | to | 17.43 | 3,107,941 | — | to | — | 7.38 | to | 7.38 | (14.35) | to | (14.35) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 196,193 | 20.35 | to | 20.35 | 3,991,926 | — | to | — | 3.26 | to | 3.26 | 9.54 | to | 9.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 194,480 | 18.57 | to | 18.57 | 3,612,306 | — | to | — | 7.33 | to | 7.33 | 10.22 | to | 10.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 247,558 | 16.85 | to | 16.85 | 4,171,625 | — | to | — | — | to | — | 15.21 | to | 15.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-91 | |||||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. Comstock Fund (Series II) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 776,666 | $ | 40.63 | to | $ | 40.63 | $ | 31,555,966 | —% | to | —% | 1.58% | to | 1.58% | 12.09% | to | 12.09% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 829,764 | 36.25 | to | 36.25 | 30,075,846 | — | to | — | 1.37 | to | 1.37 | 0.85 | to | 0.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 828,547 | 35.94 | to | 35.94 | 29,779,798 | — | to | — | 1.64 | to | 1.64 | 33.04 | to | 33.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 867,683 | 27.02 | to | 27.02 | 23,441,020 | — | to | — | 2.19 | to | 2.19 | (1.09) | to | (1.09) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 916,067 | 27.31 | to | 27.31 | 25,020,315 | — | to | — | 1.70 | to | 1.70 | 24.94 | to | 24.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. Core Equity Fund (Series I) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 18,690 | 47.99 | to | 47.99 | 896,876 | — | to | — | 0.68 | to | 0.68 | 23.36 | to | 23.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 24,086 | 38.90 | to | 38.90 | 936,948 | — | to | — | 0.90 | to | 0.90 | (20.55) | to | (20.55) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 27,045 | 48.96 | to | 48.96 | 1,324,093 | — | to | — | 0.66 | to | 0.66 | 27.74 | to | 27.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 28,859 | 38.33 | to | 38.33 | 1,106,088 | — | to | — | 1.35 | to | 1.35 | 13.85 | to | 13.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 30,666 | 33.66 | to | 33.66 | 1,032,377 | — | to | — | 0.95 | to | 0.95 | 28.96 | to | 28.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. EQV International Equity Fund (Series I) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 231,302 | 19.42 | to | 19.42 | 4,492,994 | — | to | — | 0.20 | to | 0.20 | 18.14 | to | 18.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 240,309 | 16.44 | to | 16.44 | 3,951,064 | — | to | — | 1.68 | to | 1.68 | (18.31) | to | (18.31) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 262,836 | 20.13 | to | 20.13 | 5,289,719 | — | to | — | 1.26 | to | 1.26 | 5.89 | to | 5.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 282,108 | 19.01 | to | 19.01 | 5,361,829 | — | to | — | 2.38 | to | 2.38 | 14.00 | to | 14.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 307,648 | 16.67 | to | 16.67 | 5,129,374 | — | to | — | 1.58 | to | 1.58 | 28.57 | to | 28.57 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. Main Street Mid Cap Fund® (Series I) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 203,505 | 46.34 | to | 46.34 | 9,430,296 | — | to | — | 0.29 | to | 0.29 | 14.47 | to | 14.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 218,287 | 40.48 | to | 40.48 | 8,836,936 | — | to | — | 0.35 | to | 0.35 | (14.26) | to | (14.26) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 240,793 | 47.22 | to | 47.22 | 11,369,326 | — | to | — | 0.45 | to | 0.45 | 23.24 | to | 23.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 256,908 | 38.31 | to | 38.31 | 9,842,433 | — | to | — | 0.72 | to | 0.72 | 9.25 | to | 9.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 285,539 | 35.07 | to | 35.07 | 10,013,308 | — | to | — | 0.48 | to | 0.48 | 25.28 | to | 25.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. Small Cap Equity Fund (Series I) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 128,510 | 40.48 | to | 40.48 | 5,201,778 | — | to | — | — | to | — | 16.57 | to | 16.57 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 134,954 | 34.72 | to | 34.72 | 4,685,933 | — | to | — | — | to | — | (20.51) | to | (20.51) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 155,679 | 43.68 | to | 43.68 | 6,799,979 | — | to | — | 0.17 | to | 0.17 | 20.40 | to | 20.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 154,045 | 36.28 | to | 36.28 | 5,588,440 | — | to | — | 0.35 | to | 0.35 | 27.24 | to | 27.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 176,277 | 28.51 | to | 28.51 | 5,025,799 | — | to | — | — | to | — | 26.60 | to | 26.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Lord Abbett Bond Debenture Portfolio (Class VC) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 303,747 | 22.78 | to | 22.78 | 6,920,709 | — | to | — | 5.12 | to | 5.12 | 6.55 | to | 6.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 319,361 | 21.38 | to | 21.38 | 6,829,020 | — | to | — | 4.36 | to | 4.36 | (12.80) | to | (12.80) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 336,998 | 24.52 | to | 24.52 | 8,264,106 | — | to | — | 3.05 | to | 3.05 | 3.28 | to | 3.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 348,032 | 23.74 | to | 23.74 | 8,263,870 | — | to | — | 3.84 | to | 3.84 | 7.30 | to | 7.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 364,288 | 22.13 | to | 22.13 | 8,061,080 | — | to | — | 3.92 | to | 3.92 | 13.35 | to | 13.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Lord Abbett Dividend Growth Portfolio (Class VC) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 266,898 | 46.89 | to | 46.89 | 12,513,633 | — | to | — | 0.84 | to | 0.84 | 16.33 | to | 16.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 284,540 | 40.30 | to | 40.30 | 11,468,346 | — | to | — | 0.85 | to | 0.85 | (13.55) | to | (13.55) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 298,847 | 46.62 | to | 46.62 | 13,932,839 | — | to | — | 0.71 | to | 0.71 | 25.62 | to | 25.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 325,641 | 37.11 | to | 37.11 | 12,085,630 | — | to | — | 0.99 | to | 0.99 | 15.42 | to | 15.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 350,367 | 32.16 | to | 32.16 | 11,266,539 | — | to | — | 1.55 | to | 1.55 | 26.45 | to | 26.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Lord Abbett Growth and Income Portfolio (Class VC) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 336,557 | 33.89 | to | 33.89 | 11,407,478 | — | to | — | 0.95 | to | 0.95 | 13.19 | to | 13.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 357,956 | 29.95 | to | 29.95 | 10,719,282 | — | to | — | 1.31 | to | 1.31 | (9.44) | to | (9.44) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 370,785 | 33.07 | to | 33.07 | 12,260,803 | — | to | — | 1.06 | to | 1.06 | 29.02 | to | 29.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 383,203 | 25.63 | to | 25.63 | 9,821,328 | — | to | — | 1.73 | to | 1.73 | 2.70 | to | 2.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 402,836 | 24.96 | to | 24.96 | 10,053,323 | — | to | — | 1.68 | to | 1.68 | 22.49 | to | 22.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-92 | |||||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
MFS® Investors Trust Series (Initial Class) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 63,503 | $ | 50.24 | to | $ | 50.24 | $ | 3,190,244 | —% | to | —% | 0.72% | to | 0.72% | 18.98% | to | 18.98% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 71,011 | 42.22 | to | 42.22 | 2,998,393 | — | to | — | 0.68 | to | 0.68 | (16.49) | to | (16.49) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 82,895 | 50.56 | to | 50.56 | 4,191,264 | — | to | — | 0.64 | to | 0.64 | 26.81 | to | 26.81 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 81,921 | 39.87 | to | 39.87 | 3,266,243 | — | to | — | 0.62 | to | 0.62 | 13.87 | to | 13.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 90,116 | 35.01 | to | 35.01 | 3,155,397 | — | to | — | 0.70 | to | 0.70 | 31.58 | to | 31.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||
MFS® New Discovery Series (Initial Class) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 115,603 | 68.61 | to | 68.61 | 7,931,881 | — | to | — | — | to | — | 14.41 | to | 14.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 121,836 | 59.97 | to | 59.97 | 7,306,555 | — | to | — | — | to | — | (29.76) | to | (29.76) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 129,573 | 85.38 | to | 85.38 | 11,062,478 | — | to | — | — | to | — | 1.80 | to | 1.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 138,397 | 83.87 | to | 83.87 | 11,606,944 | — | to | — | — | to | — | 45.89 | to | 45.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 140,016 | 57.49 | to | 57.49 | 8,049,165 | — | to | — | — | to | — | 41.70 | to | 41.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||
MFS® Total Return Bond Series (Initial Class) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 528,374 | 17.71 | to | 17.71 | 9,357,284 | — | to | — | 3.14 | to | 3.14 | 7.38 | to | 7.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 563,255 | 16.49 | to | 16.49 | 9,289,485 | — | to | — | 2.79 | to | 2.79 | (13.93) | to | (13.93) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 621,485 | 19.16 | to | 19.16 | 11,909,354 | — | to | — | 2.68 | to | 2.68 | (0.81) | to | (0.81) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 625,603 | 19.32 | to | 19.32 | 12,086,612 | — | to | — | 3.44 | to | 3.44 | 8.47 | to | 8.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 672,164 | 17.81 | to | 17.81 | 11,972,344 | — | to | — | 3.37 | to | 3.37 | 10.21 | to | 10.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||
MFS® Total Return Series (Initial Class) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 717,586 | 36.88 | to | 36.88 | 26,467,953 | — | to | — | 2.02 | to | 2.02 | 10.44 | to | 10.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 769,328 | 33.40 | to | 33.40 | 25,693,280 | — | to | — | 1.73 | to | 1.73 | (9.58) | to | (9.58) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 817,446 | 36.94 | to | 36.94 | 30,193,471 | — | to | — | 1.80 | to | 1.80 | 14.12 | to | 14.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 861,292 | 32.37 | to | 32.37 | 27,877,746 | — | to | — | 2.29 | to | 2.29 | 9.81 | to | 9.81 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 909,542 | 29.47 | to | 29.47 | 26,808,671 | — | to | — | 2.35 | to | 2.35 | 20.38 | to | 20.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||
MFS® Value Series (Initial Class) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 392,955 | 35.99 | to | 35.99 | 14,143,609 | — | to | — | 1.64 | to | 1.64 | 7.93 | to | 7.93 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 413,671 | 33.35 | to | 33.35 | 13,795,047 | — | to | — | 1.40 | to | 1.40 | (5.91) | to | (5.91) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 445,330 | 35.44 | to | 35.44 | 15,783,267 | — | to | — | 1.34 | to | 1.34 | 25.45 | to | 25.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 450,251 | 28.25 | to | 28.25 | 12,720,096 | — | to | — | 1.58 | to | 1.58 | 3.48 | to | 3.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 508,359 | 27.30 | to | 27.30 | 13,879,356 | — | to | — | 2.14 | to | 2.14 | 29.80 | to | 29.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. Capital Appreciation Fund (Series II) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 61,408 | 46.17 | to | 46.17 | 2,835,141 | — | to | — | — | to | — | 35.03 | to | 35.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 69,693 | 34.19 | to | 34.19 | 2,382,970 | — | to | — | — | to | — | (30.96) | to | (30.96) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 78,009 | 49.53 | to | 49.53 | 3,863,555 | — | to | — | — | to | — | 22.28 | to | 22.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 84,824 | 40.50 | to | 40.50 | 3,435,643 | — | to | — | — | to | — | 36.24 | to | 36.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 97,186 | 29.73 | to | 29.73 | 2,889,289 | — | to | — | — | to | — | 35.85 | to | 35.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. Global Fund (Series II) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 317,324 | 39.66 | to | 39.66 | 12,584,700 | — | to | — | — | to | — | 34.45 | to | 34.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 332,122 | 29.50 | to | 29.50 | 9,796,918 | — | to | — | — | to | — | (31.94) | to | (31.94) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 354,658 | 43.34 | to | 43.34 | 15,370,463 | — | to | — | — | to | — | 15.17 | to | 15.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 374,202 | 37.63 | to | 37.63 | 14,081,272 | — | to | — | 0.45 | to | 0.45 | 27.34 | to | 27.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 406,743 | 29.55 | to | 29.55 | 12,019,947 | — | to | — | 0.64 | to | 0.64 | 31.45 | to | 31.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. Main Street Fund® (Series II) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 71,231 | 43.62 | to | 43.62 | 3,107,196 | — | to | — | 0.49 | to | 0.49 | 22.83 | to | 22.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 75,383 | 35.51 | to | 35.51 | 2,677,128 | — | to | — | 1.07 | to | 1.07 | (20.31) | to | (20.31) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 84,345 | 44.56 | to | 44.56 | 3,758,818 | — | to | — | 0.51 | to | 0.51 | 27.23 | to | 27.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 88,715 | 35.03 | to | 35.03 | 3,107,378 | — | to | — | 1.19 | to | 1.19 | 13.69 | to | 13.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 93,973 | 30.81 | to | 30.81 | 2,895,115 | — | to | — | 0.82 | to | 0.82 | 31.74 | to | 31.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-93 | |||||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. Main Street Small Cap Fund® (Series II) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 79,003 | $ | 42.68 | to | $ | 42.68 | $ | 3,372,033 | —% | to | —% | 0.96% | to | 0.96% | 17.82% | to | 17.82% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 79,599 | 36.23 | to | 36.23 | 2,883,625 | — | to | — | 0.26 | to | 0.26 | (16.04) | to | (16.04) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 82,008 | 43.15 | to | 43.15 | 3,538,600 | — | to | — | 0.18 | to | 0.18 | 22.26 | to | 22.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 82,553 | 35.29 | to | 35.29 | 2,913,490 | — | to | — | 0.37 | to | 0.37 | 19.64 | to | 19.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 85,565 | 29.50 | to | 29.50 | 2,524,144 | — | to | — | — | to | — | 26.13 | to | 26.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Small Cap Growth Fund (Class IB) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 91,548 | 62.56 | to | 62.56 | 5,726,929 | — | to | — | — | to | — | 23.14 | to | 23.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 100,608 | 50.80 | to | 50.80 | 5,110,880 | — | to | — | — | to | — | (28.30) | to | (28.30) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 107,320 | 70.85 | to | 70.85 | 7,603,738 | — | to | — | — | to | — | 13.87 | to | 13.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 115,415 | 62.22 | to | 62.22 | 7,181,309 | — | to | — | — | to | — | 48.37 | to | 48.37 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 134,080 | 41.94 | to | 41.94 | 5,622,873 | — | to | — | — | to | — | 37.45 | to | 37.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Diversified Income Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 1,908 | 36.15 | to | 36.15 | 68,968 | — | to | — | 6.35 | to | 6.35 | 5.01 | to | 5.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 2,196 | 34.43 | to | 34.43 | 75,600 | — | to | — | 8.36 | to | 8.36 | (2.06) | to | (2.06) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 3,579 | 35.15 | to | 35.15 | 125,819 | — | to | — | 0.92 | to | 0.92 | (6.73) | to | (6.73) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 3,701 | 37.69 | to | 37.69 | 139,490 | — | to | — | 8.08 | to | 8.08 | (0.76) | to | (0.76) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 4,019 | 37.98 | to | 37.98 | 152,652 | — | to | — | 3.77 | to | 3.77 | 11.56 | to | 11.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Large Cap Value Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 161,063 | 69.01 | to | 69.01 | 11,114,760 | — | to | — | 2.22 | to | 2.22 | 15.92 | to | 15.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 171,434 | 59.53 | to | 59.53 | 10,205,577 | — | to | — | 1.70 | to | 1.70 | (2.87) | to | (2.87) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 188,914 | 61.29 | to | 61.29 | 11,578,233 | — | to | — | 1.38 | to | 1.38 | 27.62 | to | 27.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 211,285 | 48.02 | to | 48.02 | 10,146,869 | — | to | — | 2.01 | to | 2.01 | 6.06 | to | 6.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 241,143 | 45.28 | to | 45.28 | 10,919,448 | — | to | — | 2.27 | to | 2.27 | 30.73 | to | 30.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Global Asset Allocation Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 3,415 | 80.01 | to | 80.01 | 273,238 | — | to | — | 1.81 | to | 1.81 | 17.78 | to | 17.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 3,537 | 67.93 | to | 67.93 | 240,225 | — | to | — | 1.63 | to | 1.63 | (15.82) | to | (15.82) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 3,765 | 80.69 | to | 80.69 | 303,782 | — | to | — | 0.91 | to | 0.91 | 14.25 | to | 14.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 3,908 | 70.63 | to | 70.63 | 275,977 | — | to | — | 2.18 | to | 2.18 | 12.58 | to | 12.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 4,364 | 62.73 | to | 62.73 | 273,773 | — | to | — | 1.74 | to | 1.74 | 17.42 | to | 17.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Focused International Equity Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 52,884 | 69.15 | to | 69.15 | 3,656,933 | — | to | — | 0.92 | to | 0.92 | 19.56 | to | 19.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 53,819 | 57.84 | to | 57.84 | 3,112,784 | — | to | — | 2.05 | to | 2.05 | (17.99) | to | (17.99) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 58,129 | 70.53 | to | 70.53 | 4,099,691 | — | to | — | 0.97 | to | 0.97 | 12.84 | to | 12.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 62,135 | 62.50 | to | 62.50 | 3,883,478 | — | to | — | 0.40 | to | 0.40 | 10.32 | to | 10.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 67,739 | 56.66 | to | 56.66 | 3,837,855 | — | to | — | 0.00 (1) | to | 0.00 (1) | 26.92 | to | 26.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Global Health Care Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 13,733 | 71.94 | to | 71.94 | 987,988 | — | to | — | 0.52 | to | 0.52 | 9.39 | to | 9.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 15,108 | 65.77 | to | 65.77 | 993,620 | — | to | — | 0.64 | to | 0.64 | (4.44) | to | (4.44) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 16,963 | 68.82 | to | 68.82 | 1,167,454 | — | to | — | 1.25 | to | 1.25 | 19.77 | to | 19.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 18,304 | 57.46 | to | 57.46 | 1,051,840 | — | to | — | 0.71 | to | 0.71 | 16.47 | to | 16.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 19,572 | 49.34 | to | 49.34 | 965,603 | — | to | — | 0.24 | to | 0.24 | 30.58 | to | 30.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT High Yield Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 80,614 | 61.98 | to | 61.98 | 4,996,634 | — | to | — | 5.48 | to | 5.48 | 12.29 | to | 12.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 84,998 | 55.20 | to | 55.20 | 4,691,676 | — | to | — | 5.42 | to | 5.42 | (11.37) | to | (11.37) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 89,178 | 62.28 | to | 62.28 | 5,554,008 | — | to | — | 4.87 | to | 4.87 | 5.20 | to | 5.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 88,132 | 59.20 | to | 59.20 | 5,217,550 | — | to | — | 6.01 | to | 6.01 | 5.50 | to | 5.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 99,984 | 56.11 | to | 56.11 | 5,610,492 | — | to | — | 6.10 | to | 6.10 | 14.55 | to | 14.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-94 | |||||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Income Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 97,764 | $ | 39.24 | to | $ | 39.24 | $ | 3,835,870 | —% | to | —% | 6.05% | to | 6.05% | 4.96% | to | 4.96% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 108,544 | 37.38 | to | 37.38 | 4,057,650 | — | to | — | 5.83 | to | 5.83 | (13.48) | to | (13.48) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 114,640 | 43.21 | to | 43.21 | 4,953,491 | — | to | — | 1.62 | to | 1.62 | (4.44) | to | (4.44) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 125,869 | 45.21 | to | 45.21 | 5,691,118 | — | to | — | 5.16 | to | 5.16 | 6.01 | to | 6.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 151,434 | 42.65 | to | 42.65 | 6,458,823 | — | to | — | 3.46 | to | 3.46 | 12.24 | to | 12.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT International Equity Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 267,464 | 32.64 | to | 32.64 | 8,729,772 | — | to | — | 0.28 | to | 0.28 | 18.86 | to | 18.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 299,846 | 27.46 | to | 27.46 | 8,234,103 | — | to | — | 1.80 | to | 1.80 | (14.58) | to | (14.58) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 298,571 | 32.15 | to | 32.15 | 9,598,685 | — | to | — | 1.37 | to | 1.37 | 9.09 | to | 9.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 323,308 | 29.47 | to | 29.47 | 9,527,885 | — | to | — | 1.84 | to | 1.84 | 12.35 | to | 12.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 344,233 | 26.23 | to | 26.23 | 9,029,445 | — | to | — | 1.64 | to | 1.64 | 25.55 | to | 25.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Emerging Markets Equity Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 3,728 | 26.48 | to | 26.48 | 98,722 | — | to | — | 0.76 | to | 0.76 | 11.90 | to | 11.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 3,944 | 23.67 | to | 23.67 | 93,351 | — | to | — | — | to | — | (27.32) | to | (27.32) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 4,911 | 32.56 | to | 32.56 | 159,902 | — | to | — | 0.69 | to | 0.69 | (3.94) | to | (3.94) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 5,147 | 33.90 | to | 33.90 | 174,471 | — | to | — | 0.28 | to | 0.28 | 28.25 | to | 28.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 6,344 | 26.43 | to | 26.43 | 167,688 | — | to | — | — | to | — | 25.21 | to | 25.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT International Value Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 9,914 | 31.63 | to | 31.63 | 313,601 | — | to | — | 1.66 | to | 1.66 | 19.08 | to | 19.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 10,486 | 26.56 | to | 26.56 | 278,536 | — | to | — | 2.24 | to | 2.24 | (6.70) | to | (6.70) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 11,076 | 28.47 | to | 28.47 | 315,315 | — | to | — | 2.17 | to | 2.17 | 15.28 | to | 15.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 11,680 | 24.70 | to | 24.70 | 288,459 | — | to | — | 2.71 | to | 2.71 | 4.23 | to | 4.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 12,540 | 23.69 | to | 23.69 | 297,118 | — | to | — | 3.04 | to | 3.04 | 20.44 | to | 20.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Core Equity Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 15,919 | 53.27 | to | 53.27 | 847,955 | — | to | — | 0.78 | to | 0.78 | 28.36 | to | 28.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 17,110 | 41.50 | to | 41.50 | 710,052 | — | to | — | 1.61 | to | 1.61 | (15.54) | to | (15.54) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 19,007 | 49.14 | to | 49.14 | 933,921 | — | to | — | 0.84 | to | 0.84 | 31.32 | to | 31.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 19,899 | 37.42 | to | 37.42 | 744,571 | — | to | — | 1.19 | to | 1.19 | 17.64 | to | 17.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 20,972 | 31.81 | to | 31.81 | 667,044 | — | to | — | 1.36 | to | 1.36 | 32.00 | to | 32.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Government Money Market Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 12,984 | 1.99 | to | 1.99 | 25,818 | — | to | — | 4.60 | to | 4.60 | 4.70 | to | 4.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 13,433 | 1.90 | to | 1.90 | 25,514 | — | to | — | 1.27 | to | 1.27 | 1.28 | to | 1.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 13,890 | 1.88 | to | 1.88 | 26,047 | — | to | — | 0.01 | to | 0.01 | 0.00 (1) | to | 0.00 (1) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 14,402 | 1.88 | to | 1.88 | 27,007 | — | to | — | 0.24 | to | 0.24 | 0.23 | to | 0.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 14,865 | 1.87 | to | 1.87 | 27,812 | — | to | — | 1.79 | to | 1.79 | 1.80 | to | 1.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Sustainable Leaders Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 95,060 | 129.25 | to | 129.25 | 12,286,219 | — | to | — | 0.74 | to | 0.74 | 26.42 | to | 26.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 103,176 | 102.24 | to | 102.24 | 10,548,608 | — | to | — | 0.83 | to | 0.83 | (22.72) | to | (22.72) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 116,123 | 132.30 | to | 132.30 | 15,362,477 | — | to | — | 0.34 | to | 0.34 | 23.84 | to | 23.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 127,311 | 106.83 | to | 106.83 | 13,600,461 | — | to | — | 0.63 | to | 0.63 | 29.06 | to | 29.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 134,887 | 82.77 | to | 82.77 | 11,164,836 | — | to | — | 0.66 | to | 0.66 | 36.72 | to | 36.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Small Cap Value Fund (Class IB) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 227,314 | 34.33 | to | 34.33 | 7,804,125 | — | to | — | 0.16 | to | 0.16 | 23.75 | to | 23.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 235,850 | 27.74 | to | 27.74 | 6,543,055 | — | to | — | 0.17 | to | 0.17 | (12.98) | to | (12.98) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 266,190 | 31.88 | to | 31.88 | 8,486,399 | — | to | — | 0.68 | to | 0.68 | 39.90 | to | 39.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 249,086 | 22.79 | to | 22.79 | 5,676,225 | — | to | — | 1.07 | to | 1.07 | 3.96 | to | 3.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 265,715 | 21.92 | to | 21.92 | 5,824,319 | — | to | — | 0.66 | to | 0.66 | 24.24 | to | 24.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-95 | |||||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Templeton Foreign VIP Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 66,025 | $ | 25.90 | to | $ | 25.90 | $ | 1,709,797 | —% | to | —% | 3.19% | to | 3.19% | 20.76% | to | 20.76% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 72,566 | 21.45 | to | 21.45 | 1,556,184 | — | to | — | 3.04 | to | 3.04 | (7.61) | to | (7.61) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 82,785 | 23.21 | to | 23.21 | 1,921,465 | — | to | — | 1.79 | to | 1.79 | 4.16 | to | 4.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 93,293 | 22.28 | to | 22.28 | 2,078,901 | — | to | — | 3.39 | to | 3.39 | (1.16) | to | (1.16) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 114,054 | 22.54 | to | 22.54 | 2,571,307 | — | to | — | 1.77 | to | 1.77 | 12.53 | to | 12.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Templeton Global Bond VIP Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 500,557 | 17.22 | to | 17.22 | 8,621,824 | — | to | — | — | to | — | 2.88 | to | 2.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 529,969 | 16.74 | to | 16.74 | 8,872,524 | — | to | — | — | to | — | (4.95) | to | (4.95) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 571,755 | 17.61 | to | 17.61 | 10,070,600 | — | to | — | — | to | — | (4.99) | to | (4.99) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 616,341 | 18.54 | to | 18.54 | 11,426,386 | — | to | — | 8.72 | to | 8.72 | (5.28) | to | (5.28) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 737,930 | 19.57 | to | 19.57 | 14,443,328 | — | to | — | 7.03 | to | 7.03 | 2.01 | to | 2.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Templeton Growth VIP Fund (Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 509,126 | 19.68 | to | 19.68 | 10,017,092 | — | to | — | 3.33 | to | 3.33 | 21.01 | to | 21.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 562,401 | 16.26 | to | 16.26 | 9,144,158 | — | to | — | 0.16 | to | 0.16 | (11.50) | to | (11.50) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 625,712 | 18.37 | to | 18.37 | 11,495,931 | — | to | — | 1.10 | to | 1.10 | 4.87 | to | 4.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 649,325 | 17.52 | to | 17.52 | 11,375,602 | — | to | — | 2.99 | to | 2.99 | 5.80 | to | 5.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 690,029 | 16.56 | to | 16.56 | 11,426,134 | — | to | — | 2.79 | to | 2.79 | 15.15 | to | 15.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Morgan Stanley VIF Discovery Portfolio (Class II) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 98,761 | 38.07 | to | 38.07 | 3,759,990 | — | to | — | — | to | — | 44.13 | to | 44.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 105,362 | 26.42 | to | 26.42 | 2,783,150 | — | to | — | — | to | — | (62.97) | to | (62.97) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 120,728 | 71.33 | to | 71.33 | 8,611,453 | — | to | — | — | to | — | (11.19) | to | (11.19) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 141,309 | 80.32 | to | 80.32 | 11,350,024 | — | to | — | — | to | — | 152.04 | to | 152.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 116,568 | 31.87 | to | 31.87 | 3,714,773 | — | to | — | — | to | — | 39.97 | to | 39.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Large Cap Growth Fund (Class IA) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 720,289 | 33.63 | to | 33.63 | 24,220,287 | — | to | — | — | to | — | 44.89 | to | 44.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 764,121 | 23.21 | to | 23.21 | 17,734,111 | — | to | — | — | to | — | (30.36) | to | (30.36) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 855,955 | 33.33 | to | 33.33 | 28,527,246 | — | to | — | — | to | — | 23.00 | to | 23.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 947,886 | 27.10 | to | 27.10 | 25,683,628 | — | to | — | 0.25 | to | 0.25 | 39.09 | to | 39.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 1,016,171 | 19.48 | to | 19.48 | 19,796,215 | — | to | — | 0.36 | to | 0.36 | 37.11 | to | 37.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||
BlackRock S&P 500 Index V.I. Fund (Class I) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 4,252,041 | 19.42 | to | 19.42 | 82,586,550 | — | to | — | 1.38 | to | 1.38 | 26.22 | to | 26.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 4,388,775 | 15.39 | to | 15.39 | 67,534,599 | — | to | — | 1.46 | to | 1.46 | (18.23) | to | (18.23) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 4,668,475 | 18.82 | to | 18.82 | 87,854,117 | — | to | — | 1.30 | to | 1.30 | 28.53 | to | 28.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 5,020,960 | 14.64 | to | 14.64 | 73,511,171 | — | to | — | 1.78 | to | 1.78 | 18.24 | to | 18.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 5,433,931 | 12.38 | to | 12.38 | 67,284,779 | — | to | — | 2.16 | to | 2.16 | 31.34 | to | 31.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Fidelity® VIP Equity-Income Portfolio (Service Class 2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 247,687 | 36.03 | to | 36.03 | 8,924,089 | — | to | — | 1.74 | to | 1.74 | 10.38 | to | 10.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 264,876 | 32.64 | to | 32.64 | 8,646,080 | — | to | — | 1.75 | to | 1.75 | (5.24) | to | (5.24) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 270,982 | 34.45 | to | 34.45 | 9,334,991 | — | to | — | 1.69 | to | 1.69 | 24.60 | to | 24.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 273,592 | 27.65 | to | 27.65 | 7,563,864 | — | to | — | 1.61 | to | 1.61 | 6.44 | to | 6.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 318,536 | 25.97 | to | 25.97 | 8,273,512 | — | to | — | 1.84 | to | 1.84 | 27.11 | to | 27.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Diversified Income Fund (Class IB) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 126,189 | 16.86 | to | 16.86 | 2,127,504 | — | to | — | 6.06 | to | 6.06 | 4.82 | to | 4.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 130,202 | 16.08 | to | 16.08 | 2,094,288 | — | to | — | 6.57 | to | 6.57 | (2.35) | to | (2.35) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 122,922 | 16.47 | to | 16.47 | 2,024,682 | — | to | — | 0.64 | to | 0.64 | (6.95) | to | (6.95) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 119,666 | 17.70 | to | 17.70 | 2,118,279 | — | to | — | 8.57 | to | 8.57 | (0.90) | to | (0.90) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 165,272 | 17.86 | to | 17.86 | 2,952,285 | — | to | — | 3.34 | to | 3.34 | 11.23 | to | 11.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-96 | |||||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
Sub-Account | Units # | Unit Fair Value Lowest to Highest # | Net Assets | Expense Ratio Lowest to Highest* | Investment Income Ratio Lowest to Highest** | Total Return Ratio Lowest to Highest*** | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Large Cap Value Fund (Class IB) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 182,028 | $ | 69.47 | to | $ | 69.47 | $ | 12,645,914 | —% | to | —% | 2.02% | to | 2.02% | 15.67% | to | 15.67% | ||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 193,759 | 60.06 | to | 60.06 | 11,637,744 | — | to | — | 1.45 | to | 1.45 | (3.13) | to | (3.13) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 192,405 | 62.00 | to | 62.00 | 11,929,942 | — | to | — | 1.20 | to | 1.20 | 27.30 | to | 27.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 202,737 | 48.71 | to | 48.71 | 9,874,553 | — | to | — | 1.71 | to | 1.71 | 5.80 | to | 5.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 230,759 | 46.03 | to | 46.03 | 10,622,957 | — | to | — | 2.00 | to | 2.00 | 30.40 | to | 30.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Focused International Equity Fund (Class IB) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 13,031 | 39.27 | to | 39.27 | 511,721 | — | to | — | 0.67 | to | 0.67 | 19.25 | to | 19.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 12,188 | 32.93 | to | 32.93 | 401,378 | — | to | — | 1.73 | to | 1.73 | (18.19) | to | (18.19) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 12,126 | 40.26 | to | 40.26 | 488,156 | — | to | — | 0.76 | to | 0.76 | 12.58 | to | 12.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 12,885 | 35.76 | to | 35.76 | 460,733 | — | to | — | 0.17 | to | 0.17 | 10.07 | to | 10.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 14,326 | 32.49 | to | 32.49 | 465,415 | — | to | — | — | to | — | 26.60 | to | 26.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT High Yield Fund (Class IB) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 252,365 | 32.59 | to | 32.59 | 8,223,660 | — | to | — | 5.23 | to | 5.23 | 12.13 | to | 12.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 270,419 | 29.06 | to | 29.06 | 7,858,381 | — | to | — | 5.14 | to | 5.14 | (11.60) | to | (11.60) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 277,969 | 32.87 | to | 32.87 | 9,138,068 | — | to | — | 4.66 | to | 4.66 | 4.98 | to | 4.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 272,329 | 31.32 | to | 31.32 | 8,528,354 | — | to | — | 5.52 | to | 5.52 | 5.21 | to | 5.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 282,009 | 29.77 | to | 29.77 | 8,394,490 | — | to | — | 5.98 | to | 5.98 | 14.40 | to | 14.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Income Fund (Class IB) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 384,354 | 19.59 | to | 19.59 | 7,530,892 | — | to | — | 5.73 | to | 5.73 | 4.70 | to | 4.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 396,692 | 18.71 | to | 18.71 | 7,424,050 | — | to | — | 5.60 | to | 5.60 | (13.81) | to | (13.81) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 406,622 | 21.71 | to | 21.71 | 8,829,296 | — | to | — | 1.39 | to | 1.39 | (4.58) | to | (4.58) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 423,814 | 22.76 | to | 22.76 | 9,644,782 | — | to | — | 4.79 | to | 4.79 | 5.73 | to | 5.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 443,619 | 21.52 | to | 21.52 | 9,548,410 | — | to | — | 3.16 | to | 3.16 | 11.89 | to | 11.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT International Equity Fund (Class IB) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 153,328 | 30.63 | to | 30.63 | 4,695,959 | — | to | — | 0.03 | to | 0.03 | 18.51 | to | 18.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 153,493 | 25.84 | to | 25.84 | 3,966,872 | — | to | — | 1.54 | to | 1.54 | (14.77) | to | (14.77) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 154,479 | 30.32 | to | 30.32 | 4,684,111 | — | to | — | 1.15 | to | 1.15 | 8.82 | to | 8.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 161,054 | 27.86 | to | 27.86 | 4,487,653 | — | to | — | 1.62 | to | 1.62 | 12.10 | to | 12.10 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 163,270 | 24.86 | to | 24.86 | 4,058,500 | — | to | — | 1.37 | to | 1.37 | 25.15 | to | 25.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Sustainable Leaders Fund (Class IB) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 37,175 | 76.83 | to | 76.83 | 2,856,189 | — | to | — | 0.51 | to | 0.51 | 26.11 | to | 26.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 42,171 | 60.93 | to | 60.93 | 2,569,315 | — | to | — | 0.54 | to | 0.54 | (22.91) | to | (22.91) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 47,718 | 79.03 | to | 79.03 | 3,771,274 | — | to | — | 0.14 | to | 0.14 | 23.53 | to | 23.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 53,318 | 63.98 | to | 63.98 | 3,411,111 | — | to | — | 0.40 | to | 0.40 | 28.74 | to | 28.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 56,800 | 49.69 | to | 49.69 | 2,822,566 | — | to | — | 0.46 | to | 0.46 | 36.36 | to | 36.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Putnam VT Large Cap Growth Fund (Class IB) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 293,811 | 33.47 | to | 33.47 | 9,833,753 | — | to | — | — | to | — | 44.47 | to | 44.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 285,788 | 23.17 | to | 23.17 | 6,620,695 | — | to | — | — | to | — | (30.50) | to | (30.50) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 290,124 | 33.33 | to | 33.33 | 9,671,074 | — | to | — | — | to | — | 22.65 | to | 22.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 308,131 | 27.18 | to | 27.18 | 8,374,198 | — | to | — | 0.03 | to | 0.03 | 38.71 | to | 38.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 199,693 | 19.59 | to | 19.59 | 3,912,629 | — | to | — | 0.13 | to | 0.13 | 36.74 | to | 36.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Invesco V.I. Discovery Mid Cap Growth Fund (Series I) (available April 30, 2020) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 169,070 | 13.57 | to | 13.57 | 2,293,716 | — | to | — | — | to | — | 13.15 | to | 13.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | 190,359 | 11.99 | to | 11.99 | 2,282,372 | — | to | — | — | to | — | (30.98) | to | (30.98) | |||||||||||||||||||||||||||||||||||||||||||||||||||
2021 | 209,722 | 17.37 | to | 17.37 | 3,643,266 | — | to | — | — | to | — | 19.10 | to | 19.10 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2020 | 229,166 | 14.59 | to | 14.59 | 3,342,629 | — | to | — | — | to | — | 48.27 | to | 48.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||
2019 | — | — | to | — | — | — | to | — | — | to | — | — | to | — | |||||||||||||||||||||||||||||||||||||||||||||||||||
SA-97 | |||||||||||
Separate Account VL I | ||
Talcott Resolution Life and Annuity Insurance Company | ||
Notes to Financial Statements | ||
6. Financial Highlights (continued): |
* | These represent the annualized contract expenses of the Sub-Account for the period indicated and include only those expenses that are charged through a reduction in the unit values. Excluded are expenses of the Funds and charges made directly to contract owner accounts through the redemption of units. Where the expense ratio is the same for each unit value, it is presented in both the lowest and highest columns. | ||||
** | These represent the dividends, excluding distributions of capital gains, received by the Sub-Account from the Funds, net of management fees assessed by the Funds’ manager, divided by the average net assets. These ratios exclude those expenses, if any, that result in direct reductions in the unit values. The recognition of investment income by the Sub-Account is affected by the timing of the declaration of dividends by the Funds in which the Sub-Account invests. Where the investment income ratio is the same for each unit value, it is presented in both the lowest and highest columns. | ||||
*** | These represent the total return for the period indicated and reflect a deduction only 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. Investment options with a date notation indicate the effective date of that investment option in the Account. The total return is calculated for the period indicated or from the effective date through the end of the reporting period. | ||||
# | Rounded units/unit fair values. Where only one unit value exists, it is presented in both the lowest and highest columns. | ||||
(1) | Amount is less than 0.01%. |
SA-98 | |||||||||||