GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Financial Statements
Year ended December 31, 2025
(With Report of Independent Registered Public Accounting Firm Thereon)
GENWORTH LIFE OF NEW YORK SEPARATE ACCOUNT 1
Year ended December 31, 2025
| Page | ||||
| F-1 | ||||
| F-6 | ||||
| F-18 | ||||
| F-30 | ||||
| F-61 | ||||
Report of Independent Registered Public Accounting Firm
To the Board of Directors of
Genworth Life Insurance Company of New York
and
Contract Owners of
Genworth Life of New York VA Separate Account 1:
Opinion on the Financial Statements
We have audited the accompanying statements of assets and liabilities of the subaccounts listed in the Appendix that comprise Genworth Life of New York VA Separate Account 1 (the Subaccounts), as of December 31, 2025, the related statements of operations for the year or period listed in the Appendix, the statements of changes in net assets for each of the years or periods listed in the Appendix, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Subaccounts as of December 31, 2025, the results of their operations for the year or period listed in the Appendix, and the changes in their net assets for each of the years or periods listed in the Appendix, in conformity with U.S. generally accepted accounting principles.
Basis for Opinion
These financial statements are the responsibility of the Subaccounts’ management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Subaccounts in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Such procedures also included confirmation of securities owned as of December 31, 2025, by correspondence with the transfer agent of the underlying investments. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
/s/ KPMG LLP
We have served as the auditor of one or more Genworth Life Insurance Company of New York separate account investment companies since 2000.
Richmond, Virginia
April 23, 2026
F-1
Appendix
Statements of assets and liabilities as of December 31, 2025, the related statements of operations for the year then ended, and the statements of changes in net assets for each of the years in the two-year period then ended.
AB Variable Products Series Fund, Inc.
AB VPS Balanced Hedged Allocation Portfolio — Class B
AB VPS International Value Portfolio — Class B
AB VPS Large Cap Growth Portfolio — Class B
AB VPS Relative Value Portfolio — Class B
AB VPS Small Cap Growth Portfolio — Class B
AB VPS Sustainable Global Thematic Portfolio — Class B
AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
Invesco V.I. American Franchise Fund — Series I shares
Invesco V.I. American Franchise Fund — Series II shares
Invesco V.I. American Value Fund — Series II shares
Invesco V.I. Comstock Fund — Series II shares
Invesco V.I. Core Equity Fund — Series I shares
Invesco V.I. Core Plus Bond Fund — Series I shares
Invesco V.I. Discovery Large Cap Fund — Series I shares (1)
Invesco V.I. Discovery Large Cap Fund — Series II Shares (1)
Invesco V.I. Discovery Mid Cap Growth Fund — Series I shares
Invesco V.I. Discovery Mid Cap Growth Fund — Series II shares
Invesco V.I. EQV International Equity Fund — Series II shares
Invesco V.I. Equity and Income Fund — Series I shares
Invesco V.I. Equity and Income Fund — Series II shares
Invesco V.I. Global Fund — Series II shares
Invesco V.I. Global Real Estate Fund — Series II shares
Invesco V.I. Global Strategic Income Fund — Series I shares
Invesco V.I. Main Street Fund® — Series II shares
Invesco V.I. Main Street Small Cap Fund® — Series II shares
Allspring Variable Trust
Allspring VT Discovery All Cap Growth Fund — Class 2
BNY Mellon
BNY Mellon Investment Portfolios — MidCap Stock Portfolio — Initial Shares
BNY Mellon Sustainable U.S. Equity Portfolio, Inc. — Initial Shares
BNY Mellon Variable Investment Fund — Government Money Market Portfolio
BlackRock Variable Series Funds, Inc.
BlackRock Advantage SMID Cap V.I. Fund — Class III Shares
BlackRock Basic Value V.I. Fund — Class III Shares
BlackRock Global Allocation V.I. Fund — Class III Shares
BlackRock Large Cap Focus Growth V.I. Fund — Class III Shares
Columbia Funds Variable Series Trust II
CTIVP® — Principal Large Cap Growth Fund — Class 1 (1)
Columbia Variable Portfolio — Overseas Core Fund — Class 2
Deutsche DWS Variable Series II
DWS Small Mid Cap Value VIP — Class B Shares
Eaton Vance Variable Trust
VT Floating — Rate Income Fund
Federated Hermes Insurance Series
Federated Hermes High Income Bond Fund II — Primary Shares
Federated Hermes High Income Bond Fund II — Service Shares
Federated Hermes Kaufmann Fund II — Service Shares
Federated Hermes Managed Volatility Fund II — Primary Shares
Fidelity® Variable Insurance Products Fund
VIP Asset Manager 50% Portfolio — Initial Class (1)
VIP Asset Manager 50% Portfolio — Service Class 2 (1)
VIP Balanced Portfolio — Service Class 2
F-2
VIP Contrafund® Portfolio — Initial Class
VIP Contrafund® Portfolio — Service Class 2
VIP Dynamic Capital Appreciation Portfolio — Service Class 2
VIP Equity-Income PortfolioSM — Initial Class
VIP Equity-Income PortfolioSM — Service Class 2
VIP Growth & Income Portfolio — Initial Class
VIP Growth & Income Portfolio — Service Class 2
VIP Growth Opportunities Portfolio — Initial Class
VIP Growth Opportunities Portfolio — Service Class 2
VIP Growth Portfolio — Initial Class
VIP Growth Portfolio — Service Class 2
VIP Investment Grade Bond Portfolio — Service Class 2
VIP Mid Cap Portfolio — Service Class 2
VIP Overseas Portfolio — Initial Class
VIP Value Strategies Portfolio — Service Class 2
Franklin Templeton Variable Insurance Products Trust
Franklin Allocation VIP Fund — Class 2 Shares
Franklin Income VIP Fund — Class 2 Shares
Franklin Large Cap Growth VIP Fund — Class 2 Shares
Franklin Mutual Shares VIP Fund — Class 2 Shares
Templeton Foreign VIP Fund — Class 1 Shares
Templeton Foreign VIP Fund — Class 2 Shares
Templeton Global Bond VIP Fund — Class 1 Shares
Templeton Growth VIP Fund — Class 2 Shares
Goldman Sachs Variable Insurance Trust
Goldman Sachs Government Money Market Fund — Service Shares
Goldman Sachs Large Cap Value Fund — Institutional Shares
Goldman Sachs Mid Cap Value Fund — Institutional Shares
Janus Aspen Series
Janus Henderson Balanced Portfolio — Institutional Shares
Janus Henderson Balanced Portfolio — Service Shares
Janus Henderson Enterprise Portfolio — Institutional Shares
Janus Henderson Enterprise Portfolio — Service Shares
Janus Henderson Flexible Bond Portfolio — Institutional Shares
Janus Henderson Forty Portfolio — Institutional Shares
Janus Henderson Forty Portfolio — Service Shares
Janus Henderson Global Research Portfolio — Institutional Shares
Janus Henderson Global Research Portfolio — Service Shares
Janus Henderson Global Technology and Innovation Portfolio — Service Shares
Janus Henderson Overseas Portfolio — Institutional Shares
Janus Henderson Overseas Portfolio — Service Shares
Janus Henderson Research Portfolio — Institutional Shares
Janus Henderson Research Portfolio — Service Shares
Legg Mason Partners Variable Equity Trust
ClearBridge Variable Dividend Strategy Portfolio — Class I
ClearBridge Variable Dividend Strategy Portfolio — Class II
ClearBridge Variable Growth Portfolio — Class II (1)
ClearBridge Variable Large Cap Value Portfolio — Class I
Lincoln Variable Insurance Products Trust
LVIP American Century Disciplined Core Value Fund — Standard Class II (1)
LVIP American Century Inflation Protection Fund — Service Class (1)
LVIP American Century International Fund — Standard Class II (1)
LVIP American Century Ultra® Fund — Standard Class II (1)
LVIP American Century Value Fund — Standard Class II (1)
LVIP JPMorgan Core Bond Fund — Standard Class
LVIP JPMorgan Mid Cap Value Fund — Standard Class
LVIP JPMorgan Small Cap Core Fund — Standard Class
LVIP JPMorgan U.S. Equity Fund — Standard Class
F-3
MFS® Variable Insurance Trust
MFS® Investors Trust Series — Service Class Shares
MFS® New Discovery Series — Service Class Shares
MFS® Total Return Series — Service Class Shares
MFS® Utilities Series — Service Class Shares
MFS® Variable Insurance Trust II
MFS® Income Portfolio — Service Class Shares
MFS® Massachusetts Investors Growth Stock Portfolio — Service Class Shares
PIMCO Variable Insurance Trust
All Asset Portfolio — Advisor Class Shares
High Yield Portfolio — Administrative Class Shares
International Bond Portfolio (U.S. Dollar Hedged) — Administrative Class Shares
Long-Term U.S. Government Portfolio — Administrative Class Shares
Low Duration Portfolio — Administrative Class Shares
Total Return Portfolio — Administrative Class Shares
Rydex Variable Trust
NASDAQ — 100® Fund
State Street Variable Insurance Series Funds, Inc.
Income V.I.S. Fund — Class 1 Shares
Premier Growth Equity V.I.S. Fund — Class 1 Shares
Real Estate Securities V.I.S. Fund — Class 1 Shares
S&P 500® Index V.I.S. Fund — Class 1 Shares
Small-Cap Equity V.I.S. Fund — Class 1 Shares
Total Return V.I.S. Fund — Class 1 Shares
Total Return V.I.S. Fund — Class 3 Shares
U.S. Equity V.I.S. Fund — Class 1 Shares
The Alger Portfolios
Alger Large Cap Growth Portfolio — Class I-2 Shares
Alger Small Cap Growth Portfolio — Class I-2 Shares
The Prudential Series Fund
PSF PGIM Jennison Blend Portfolio — Class II Shares
PSF PGIM Jennison Growth Portfolio — Class II Shares
Statement of assets and liabilities as of December 31, 2025, the related statement of operations for the period from January 1, 2025 to April 11, 2025 (liquidation date) and the statements of changes in net assets for the period from January 1, 2025 to April 11, 2025 (liquidation date) and for the year ended December 31, 2024.
The Prudential Series Fund
PSF Natural Resources Portfolio — Class II Shares
Statement of assets and liabilities as of December 31, 2025, the related statement of operations for the year ended December 31, 2025, and the statements of changes in net assets for the year ended December 31, 2025 and for the period from April 26, 2024 (inception) to December 31, 2024.
AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
Invesco V.I. Equity and Income Fund — Series I shares
| (1) | See Note 1 to the financial statements for the former name of the subaccount. |
F-4
[THIS PAGE INTENTIONALLY LEFT BLANK]
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Assets and Liabilities
December 31, 2025
| AB Variable Products Series Fund, Inc. |
||||||||||||||||||||
| AB VPS Balanced Hedged Allocation Portfolio — Class B |
AB VPS International Value Portfolio — Class B |
AB VPS Large Cap Growth Portfolio — Class B |
AB VPS Relative Value Portfolio — Class B |
AB VPS Small Cap Growth Portfolio — Class B |
||||||||||||||||
| Assets: | ||||||||||||||||||||
| Investments at fair value (note 2b) | $1,997,645 | $442,301 | $1,049,369 | $1,730,350 | $297,825 | |||||||||||||||
| Dividend receivable | — | — | — | — | — | |||||||||||||||
| Receivable for units sold | 27 | — | 104 | 31 | — | |||||||||||||||
| Total assets | 1,997,672 | 442,301 | 1,049,473 | 1,730,381 | 297,825 | |||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Accrued expenses payable to affiliate (note 4b) | 97 | 19 | 41 | 75 | 13 | |||||||||||||||
| Payable for units withdrawn | — | 2 | — | — | 1 | |||||||||||||||
| Total liabilities | 97 | 21 | 41 | 75 | 14 | |||||||||||||||
| Net assets attributable to: | ||||||||||||||||||||
| Variable annuity contract owners in the accumulation period | 1,781,816 | 442,280 | 1,049,432 | 1,700,055 | 297,811 | |||||||||||||||
| Variable annuity contract owners in the annuitization period | 215,759 | — | — | 30,251 | — | |||||||||||||||
| Net assets | $1,997,575 | $442,280 | $1,049,432 | $1,730,306 | $297,811 | |||||||||||||||
| Investments in securities at cost | $2,029,685 | $309,303 | $703,457 | $1,503,563 | $363,549 | |||||||||||||||
| Shares outstanding | 203,219 | 21,244 | 12,879 | 56,089 | 30,205 | |||||||||||||||
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) (continued) | ||||||||||||||||||||
| Invesco V.I. Discovery Large Cap Fund — Series I shares |
Invesco V.I. Discovery Large Cap Fund — Series II Shares |
Invesco V.I. Discovery Mid Cap
Growth Series I shares |
Invesco V.I. Discovery Mid Series II shares |
Invesco V.I. EQV Fund — Series II shares |
||||||||||||||||
| Assets: | ||||||||||||||||||||
| Investments at fair value (note 2b) | $115,922 | $1,158,966 | $176,941 | $148,035 | $2,773,444 | |||||||||||||||
| Dividend receivable | — | — | — | — | — | |||||||||||||||
| Receivable for units sold | — | 271 | — | — | — | |||||||||||||||
| Total assets | 115,922 | 1,159,237 | 176,941 | 148,035 | 2,773,444 | |||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Accrued expenses payable to affiliate (note 4b) | 5 | 51 | 7 | 7 | 127 | |||||||||||||||
| Payable for units withdrawn | — | — | — | — | 234 | |||||||||||||||
| Total liabilities | 5 | 51 | 7 | 7 | 361 | |||||||||||||||
| Net assets attributable to: | ||||||||||||||||||||
| Variable annuity contract owners in the accumulation period | 115,917 | 1,104,138 | 172,053 | 148,028 | 2,734,760 | |||||||||||||||
| Variable annuity contract owners in the annuitization period | — | 55,048 | 4,881 | — | 38,323 | |||||||||||||||
| Net assets | $115,917 | $1,159,186 | $176,934 | $148,028 | $2,773,083 | |||||||||||||||
| Investments in securities at cost | $86,585 | $966,680 | $169,900 | $136,540 | $2,687,859 | |||||||||||||||
| Shares outstanding | 1,833 | 19,561 | 2,353 | 2,335 | 78,368 | |||||||||||||||
See accompanying notes to financial statements.
F-6
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Assets and Liabilities — Continued
December 31, 2025
| AB Variable Products Series Fund, Inc. (continued) |
AIM Variable Insurance Funds (Invesco Variable Insurance Funds) | |||||||||||||||||||||||||
| AB VPS Portfolio — Class B |
Invesco V.I. American Franchise Fund — Series I shares |
Invesco V.I. American Franchise Fund — Series II shares |
Invesco V.I. American Value Fund — Series II shares |
Invesco V.I. Comstock Fund — Series II shares |
Invesco V.I. Core Equity Fund — Series I shares |
Invesco V.I. Core Plus Bond Fund — Series I shares |
||||||||||||||||||||
| $49,836 | $231,174 | $67,776 | $579,765 | $3,884,311 | $10,761,573 | $585,067 | ||||||||||||||||||||
| — | — | — | — | — | — | — | ||||||||||||||||||||
| 28 | 43 | — | — | — | 201 | — | ||||||||||||||||||||
| 49,864 | 231,217 | 67,776 | 579,765 | 3,884,311 | 10,761,774 | 585,067 | ||||||||||||||||||||
| 2 | 6 | 3 | 25 | 176 | 500 | 23 | ||||||||||||||||||||
| — | — | 1 | 1 | 328 | — | — | ||||||||||||||||||||
| 2 | 6 | 4 | 26 | 504 | 500 | 23 | ||||||||||||||||||||
| 49,862 | 225,298 | 67,772 | 579,739 | 3,818,570 | 10,572,874 | 585,044 | ||||||||||||||||||||
| — | 5,913 | — | — | 65,237 | 188,400 | — | ||||||||||||||||||||
| $49,862 | $231,211 | $67,772 | $579,739 | $3,883,807 | $10,761,274 | $585,044 | ||||||||||||||||||||
| $41,540 | $165,394 | $47,822 | $535,387 | $3,699,815 | $10,215,037 | $576,055 | ||||||||||||||||||||
| 1,647 | 2,854 | 942 | 32,644 | 182,448 | 298,684 | 100,011 | ||||||||||||||||||||
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) (continued) | ||||||||||||||||||||||||||
| Invesco V.I. Equity
and Fund — Series I shares |
Invesco V.I. Equity
and Fund — Series II shares |
Invesco V.I. Global Fund — Series II shares |
Invesco V.I. Global
Real Series II shares |
Invesco V.I. Global Series I shares |
Invesco V.I. Main Street Series II shares |
Invesco V.I. Main Street Small Cap Fund® — Series II shares |
||||||||||||||||||||
| $35,051 | $2,046,613 | $3,045,602 | $4,511 | $3,504 | $12,711,673 | $3,470,787 | ||||||||||||||||||||
| — | — | — | — | — | — | — | ||||||||||||||||||||
| — | — | 358 | — | — | 466 | 197 | ||||||||||||||||||||
| 35,051 | 2,046,613 | 3,045,960 | 4,511 | 3,504 | 12,712,139 | 3,470,984 | ||||||||||||||||||||
| 1 | 122 | 135 | — | — | 589 | 163 | ||||||||||||||||||||
| — | 1,030 | — | — | 1 | — | — | ||||||||||||||||||||
| 1 | 1,152 | 135 | — | 1 | 589 | 163 | ||||||||||||||||||||
| 35,050 | 2,007,479 | 3,031,598 | 4,511 | 3,503 | 12,453,791 | 3,406,418 | ||||||||||||||||||||
| — | 37,982 | 14,227 | — | — | 257,759 | 64,403 | ||||||||||||||||||||
| $35,050 | $2,045,461 | $3,045,825 | $4,511 | $3,503 | $12,711,550 | $3,470,821 | ||||||||||||||||||||
| $33,132 | $1,930,697 | $3,037,314 | $4,272 | $3,938 | $12,302,029 | $3,323,565 | ||||||||||||||||||||
| 1,919 | 112,948 | 83,901 | 327 | 767 | 592,619 | 125,254 | ||||||||||||||||||||
See accompanying notes to financial statements.
F-7
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Assets and Liabilities — Continued
December 31, 2025
| Allspring Variable Trust |
BNY Mellon | BlackRock Variable Series Funds, Inc. |
||||||||||||||||||
| Allspring VT Discovery All Cap Growth Fund — Class 2 |
BNY Mellon Investment Portfolios — MidCap Stock Portfolio — Initial Shares |
BNY Mellon Sustainable U.S. Equity Portfolio, Inc. — Initial Shares |
BNY Mellon Fund — |
BlackRock Class III Shares |
||||||||||||||||
| Assets: | ||||||||||||||||||||
| Investments at fair value (note 2b) | $278,654 | $10,660 | $28,601 | $797,877 | $74,962 | |||||||||||||||
| Dividend receivable | — | — | — | 2,578 | — | |||||||||||||||
| Receivable for units sold | — | — | 28 | — | — | |||||||||||||||
| Total assets | 278,654 | 10,660 | 28,629 | 800,455 | 74,962 | |||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Accrued expenses payable to affiliate (note 4b) | 12 | — | 5 | 31 | 3 | |||||||||||||||
| Payable for units withdrawn | 1 | — | — | 1 | 2 | |||||||||||||||
| Total liabilities | 13 | — | 5 | 32 | 5 | |||||||||||||||
| Net assets attributable to: | ||||||||||||||||||||
| Variable annuity contract owners in the accumulation period | 278,641 | 10,660 | 28,624 | 796,963 | 74,957 | |||||||||||||||
| Variable annuity contract owners in the annuitization period | — | — | — | 3,460 | — | |||||||||||||||
| Net assets | $278,641 | $10,660 | $28,624 | $800,423 | $74,957 | |||||||||||||||
| Investments in securities at cost | $320,952 | $9,856 | $19,190 | $797,877 | $94,256 | |||||||||||||||
| Shares outstanding | 13,358 | 524 | 489 | 797,877 | 7,257 | |||||||||||||||
| Federated Hermes Insurance Series | Fidelity® Variable Insurance Products Fund |
|||||||||||||||||||
| Federated Hermes High Income Bond Fund II — Primary Shares |
Federated Hermes High Income Bond Fund II — Service Shares |
Federated Fund II — |
Federated Hermes Managed Volatility Fund II — Primary Shares |
VIP Asset Manager 50% Portfolio — Initial Class |
||||||||||||||||
| Assets: | ||||||||||||||||||||
| Investments at fair value (note 2b) | $174 | $484,164 | $2,639,607 | $30,943 | $124,887 | |||||||||||||||
| Dividend receivable | — | — | — | — | — | |||||||||||||||
| Receivable for units sold | — | — | 374 | — | — | |||||||||||||||
| Total assets | 174 | 484,164 | 2,639,981 | 30,943 | 124,887 | |||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Accrued expenses payable to affiliate (note 4b) | (2 | ) | 22 | 122 | 1 | 5 | ||||||||||||||
| Payable for units withdrawn | 1 | 2 | — | — | — | |||||||||||||||
| Total liabilities | (1 | ) | 24 | 122 | 1 | 5 | ||||||||||||||
| Net assets attributable to: | ||||||||||||||||||||
| Variable annuity contract owners in the accumulation period | 175 | 456,166 | 2,599,860 | 30,942 | 124,882 | |||||||||||||||
| Variable annuity contract owners in the annuitization period | — | 27,974 | 39,999 | — | — | |||||||||||||||
| Net assets | $175 | $484,140 | $2,639,859 | $30,942 | $124,882 | |||||||||||||||
| Investments in securities at cost | $189 | $517,220 | $2,502,176 | $29,709 | $108,173 | |||||||||||||||
| Shares outstanding | 30 | 84,202 | 152,226 | 2,975 | 7,088 | |||||||||||||||
See accompanying notes to financial statements.
F-8
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Assets and Liabilities — Continued
December 31, 2025
| BlackRock Variable Series Funds, Inc. (continued) | Columbia Funds Variable Series Trust II |
Deutsche DWS Variable Series II |
Eaton Vance Variable Trust |
|||||||||||||||||||||||
| BlackRock Basic Fund — Class III Shares |
BlackRock Global Allocation V.I. Fund — Class III Shares |
BlackRock Large Cap Focus Growth V.I. Fund — Class III Shares |
CTIVP® — Fund — Class 1 |
Columbia Portfolio — Class 2 |
DWS VIP — Class B Shares |
VT Floating-Rate Income Fund |
||||||||||||||||||||
| $529,010 | $25,441,364 | $161,216 | $535,342 | $823,857 | $255,935 | $2,856,483 | ||||||||||||||||||||
| — | — | — | — | — | — | 14,866 | ||||||||||||||||||||
| — | — | — | — | — | — | 25 | ||||||||||||||||||||
| 529,010 | 25,441,364 | 161,216 | 535,342 | 823,857 | 255,935 | 2,871,374 | ||||||||||||||||||||
| 25 | 1,269 | 7 | 31 | 34 | 13 | 133 | ||||||||||||||||||||
| 1 | 87,630 | 1 | 2 | 1 | 3 | — | ||||||||||||||||||||
| 26 | 88,899 | 8 | 33 | 35 | 16 | 133 | ||||||||||||||||||||
| 436,020 | 24,856,444 | 161,208 | 517,542 | 755,102 | 228,466 | 2,741,981 | ||||||||||||||||||||
| 92,964 | 496,021 | — | 17,767 | 68,720 | 27,453 | 129,260 | ||||||||||||||||||||
| $528,984 | $25,352,465 | $161,208 | $535,309 | $823,822 | $255,919 | $2,871,241 | ||||||||||||||||||||
| $530,897 | $26,649,613 | $123,534 | $279,147 | $615,675 | $233,458 | $2,969,163 | ||||||||||||||||||||
| 38,670 | 1,907,149 | 7,717 | 6,567 | 46,546 | 18,126 | 341,276 | ||||||||||||||||||||
| Fidelity® Variable Insurance Products Fund (continued) |
||||||||||||||||||||||||||
| VIP Asset Manager 50% Portfolio — Service Class 2 |
VIP Balanced Portfolio — Service Class 2 |
VIP Contrafund® Initial Class |
VIP Contrafund® Portfolio — Service Class 2 |
VIP Dynamic Capital Appreciation Portfolio — Service Class 2 |
VIP Equity- Income PortfolioSM — Initial Class |
VIP Equity- Income PortfolioSM — Service Class 2 |
||||||||||||||||||||
| $44,365 | $3,109,730 | $1,083,511 | $20,829,115 | $17,490 | $287,166 | $2,297,293 | ||||||||||||||||||||
| — | — | — | — | — | — | — | ||||||||||||||||||||
| — | — | — | — | — | — | 338 | ||||||||||||||||||||
| 44,365 | 3,109,730 | 1,083,511 | 20,829,115 | 17,490 | 287,166 | 2,297,631 | ||||||||||||||||||||
| 1 | 169 | 42 | 952 | 1 | 11 | 102 | ||||||||||||||||||||
| 1 | 261 | — | 687 | 1 | — | — | ||||||||||||||||||||
| 2 | 430 | 42 | 1,639 | 2 | 11 | 102 | ||||||||||||||||||||
| 39,428 | 2,925,597 | 1,069,579 | 20,406,369 | 17,488 | 287,155 | 2,294,995 | ||||||||||||||||||||
| 4,935 | 183,703 | 13,890 | 421,107 | — | — | 2,534 | ||||||||||||||||||||
| $44,363 | $3,109,300 | $1,083,469 | $20,827,476 | $17,488 | $287,155 | $2,297,529 | ||||||||||||||||||||
| $39,448 | $2,298,555 | $728,059 | $16,754,274 | $12,415 | $226,182 | $1,862,820 | ||||||||||||||||||||
| 2,614 | 122,190 | 18,092 | 366,323 | 947 | 9,758 | 81,667 | ||||||||||||||||||||
See accompanying notes to financial statements.
F-9
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Assets and Liabilities — Continued
December 31, 2025
| Fidelity® Variable Insurance Products Fund (continued) | ||||||||||||||||||||
| VIP Growth & Portfolio — |
VIP Growth & Portfolio — |
VIP Growth Opportunities Portfolio — Initial Class |
VIP Growth Opportunities Portfolio — Service Class 2 |
VIP Growth Portfolio — Initial Class |
||||||||||||||||
| Assets: | ||||||||||||||||||||
| Investments at fair value (note 2b) | $258,239 | $690,328 | $103,238 | $342,363 | $670,736 | |||||||||||||||
| Dividend receivable | — | — | — | — | — | |||||||||||||||
| Receivable for units sold | — | 31 | — | — | — | |||||||||||||||
| Total assets | 258,239 | 690,359 | 103,238 | 342,363 | 670,736 | |||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Accrued expenses payable to affiliate (note 4b) | 10 | 30 | 4 | 16 | 26 | |||||||||||||||
| Payable for units withdrawn | — | — | — | 1 | — | |||||||||||||||
| Total liabilities | 10 | 30 | 4 | 17 | 26 | |||||||||||||||
| Net assets attributable to: | ||||||||||||||||||||
| Variable annuity contract owners in the accumulation period | 258,229 | 690,329 | 103,234 | 342,346 | 665,363 | |||||||||||||||
| Variable annuity contract owners in the annuitization period | — | — | — | — | 5,347 | |||||||||||||||
| Net assets | $258,229 | $690,329 | $103,234 | $342,346 | $670,710 | |||||||||||||||
| Investments in securities at cost | $158,645 | $456,483 | $36,893 | $234,863 | $513,453 | |||||||||||||||
| Shares outstanding | 7,743 | 21,579 | 1,036 | 3,551 | 6,864 | |||||||||||||||
| Franklin Templeton Variable Insurance Products Trust (continued) | ||||||||||||||||||||
| Franklin Large Cap Class 2 Shares |
Franklin Mutual Shares VIP Fund — Class 2 Shares |
Templeton VIP Fund — Class 1 Shares |
Templeton VIP Fund — Class 2 Shares |
Templeton VIP Fund — Class 1 Shares |
||||||||||||||||
| Assets: | ||||||||||||||||||||
| Investments at fair value (note 2b) | $210,844 | $2,889,181 | $— | $196,518 | $2,108 | |||||||||||||||
| Dividend receivable | — | — | — | — | — | |||||||||||||||
| Receivable for units sold | — | — | — | — | — | |||||||||||||||
| Total assets | 210,844 | 2,889,181 | — | 196,518 | 2,108 | |||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Accrued expenses payable to affiliate (note 4b) | 9 | 133 | — | 8 | — | |||||||||||||||
| Payable for units withdrawn | — | 278 | — | — | 1 | |||||||||||||||
| Total liabilities | 9 | 411 | — | 8 | 1 | |||||||||||||||
| Net assets attributable to: | ||||||||||||||||||||
| Variable annuity contract owners in the accumulation period | 210,835 | 2,817,421 | — | 182,841 | 2,107 | |||||||||||||||
| Variable annuity contract owners in the annuitization period | — | 71,349 | — | 13,669 | — | |||||||||||||||
| Net assets | $210,835 | $2,888,770 | $— | $196,510 | $2,107 | |||||||||||||||
| Investments in securities at cost | $210,352 | $3,016,700 | $— | $175,683 | $2,431 | |||||||||||||||
| Shares outstanding | 11,759 | 179,452 | — | 12,116 | 151 | |||||||||||||||
See accompanying notes to financial statements.
F-10
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Assets and Liabilities — Continued
December 31, 2025
| Fidelity® Variable Insurance Products Fund (continued) | Franklin Templeton Variable Insurance Products Trust |
|||||||||||||||||||||||||
| VIP Growth Portfolio — Service Class 2 |
VIP Investment Grade Bond Portfolio — Service Class 2 |
VIP Mid Cap Portfolio — Service Class 2 |
VIP Overseas Initial Class |
VIP Value Strategies Portfolio — Service Class 2 |
Franklin Allocation VIP Fund — Class 2 Shares |
Franklin Income VIP Fund — Class 2 Shares |
||||||||||||||||||||
| $1,192,470 | $6,743,874 | $3,081,609 | $138,172 | $46,479 | $5,377,445 | $17,622,982 | ||||||||||||||||||||
| — | — | — | — | — | — | — | ||||||||||||||||||||
| 20 | — | 206 | — | — | 65 | — | ||||||||||||||||||||
| 1,192,490 | 6,743,874 | 3,081,815 | 138,172 | 46,479 | 5,377,510 | 17,622,982 | ||||||||||||||||||||
| 82 | 319 | 135 | 5 | 2 | 267 | 960 | ||||||||||||||||||||
| — | 799 | — | — | 1 | — | 63,256 | ||||||||||||||||||||
| 82 | 1,118 | 135 | 5 | 3 | 267 | 64,216 | ||||||||||||||||||||
| 1,192,408 | 6,593,132 | 3,047,301 | 138,167 | 39,859 | 5,106,638 | 16,732,840 | ||||||||||||||||||||
| — | 149,624 | 34,379 | — | 6,617 | 270,605 | 825,926 | ||||||||||||||||||||
| $1,192,408 | $6,742,756 | $3,081,680 | $138,167 | $46,476 | $5,377,243 | $17,558,766 | ||||||||||||||||||||
| $931,696 | $6,904,717 | $3,012,163 | $103,902 | $41,252 | $5,737,517 | $17,164,621 | ||||||||||||||||||||
| 12,839 | 614,756 | 87,620 | 5,021 | 2,874 | 970,658 | 1,162,466 | ||||||||||||||||||||
| Franklin Templeton Variable Insurance Products Trust (continued) |
Goldman Sachs Variable Insurance Trust | Janus Aspen Series | ||||||||||||||||||||||||
| Templeton VIP Fund — |
Goldman Sachs Government Money Market Fund — Service Shares |
Goldman Sachs Large Cap Value Fund — Institutional Shares |
Goldman Sachs Mid Cap Value Fund — Institutional Shares |
Janus Henderson Balanced Portfolio — Institutional Shares |
Janus Henderson Balanced Portfolio — Service Shares |
Janus Henderson Enterprise Portfolio — Institutional Shares |
||||||||||||||||||||
| $514,900 | $5,104,283 | $186,489 | $240,923 | $666,780 | $6,505,427 | $828,353 | ||||||||||||||||||||
| — | 15,454 | — | — | — | — | — | ||||||||||||||||||||
| — | 372 | — | — | — | — | — | ||||||||||||||||||||
| 514,900 | 5,120,109 | 186,489 | 240,923 | 666,780 | 6,505,427 | 828,353 | ||||||||||||||||||||
| 24 | 216 | 7 | 10 | 26 | 311 | 32 | ||||||||||||||||||||
| 4 | — | — | 2 | — | 6,357 | — | ||||||||||||||||||||
| 28 | 216 | 7 | 12 | 26 | 6,668 | 32 | ||||||||||||||||||||
| 486,979 | 5,118,640 | 186,482 | 240,911 | 644,804 | 6,057,315 | 801,630 | ||||||||||||||||||||
| 27,893 | 1,253 | — | — | 21,950 | 441,444 | 26,691 | ||||||||||||||||||||
| $514,872 | $5,119,893 | $186,482 | $240,911 | $666,754 | $6,498,759 | $828,321 | ||||||||||||||||||||
| $440,392 | $5,104,283 | $214,943 | $233,325 | $380,026 | $4,015,759 | $614,950 | ||||||||||||||||||||
| 36,389 | 5,104,283 | 22,798 | 14,790 | 11,937 | 109,372 | 9,911 | ||||||||||||||||||||
See accompanying notes to financial statements.
F-11
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Assets and Liabilities — Continued
December 31, 2025
| Janus Aspen Series (continued) | ||||||||||||||||||||
| Janus Henderson |
Janus Henderson Flexible Bond Portfolio — Institutional Shares |
Janus Henderson Forty Portfolio — Institutional Shares |
Janus Henderson Forty Portfolio — Service Shares |
Janus Henderson Global Research Portfolio — Institutional Shares |
||||||||||||||||
| Assets: | ||||||||||||||||||||
| Investments at fair value (note 2b) | $128,146 | $228 | $1,111,643 | $1,124,866 | $264,171 | |||||||||||||||
| Dividend receivable | — | — | — | — | — | |||||||||||||||
| Receivable for units sold | 30 | — | — | — | — | |||||||||||||||
| Total assets | 128,176 | 228 | 1,111,643 | 1,124,866 | 264,171 | |||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Accrued expenses payable to affiliate (note 4b) | 5 | (1 | ) | 43 | 49 | 10 | ||||||||||||||
| Payable for units withdrawn | — | 1 | — | — | — | |||||||||||||||
| Total liabilities | 5 | — | 43 | 49 | 10 | |||||||||||||||
| Net assets attributable to: | ||||||||||||||||||||
| Variable annuity contract owners in the accumulation period | 128,171 | 228 | 1,060,143 | 1,121,650 | 253,030 | |||||||||||||||
| Variable annuity contract owners in the annuitization period | — | — | 51,457 | 3,167 | 11,131 | |||||||||||||||
| Net assets | $128,171 | $228 | $1,111,600 | $1,124,817 | $264,161 | |||||||||||||||
| Investments in securities at cost | $108,754 | $235 | $739,341 | $843,440 | $154,505 | |||||||||||||||
| Shares outstanding | 1,747 | 23 | 18,708 | 21,686 | 3,316 | |||||||||||||||
| Legg Mason Partners Variable Equity Trust (continued) |
Lincoln Variable Insurance Products Trust |
|||||||||||||||||||
|
ClearBridge Portfolio — |
ClearBridge Variable Growth Portfolio — Class II |
ClearBridge Variable Large Cap Value Portfolio — Class I |
LVIP American Century Disciplined Core Value Fund — Standard Class II |
LVIP American Fund — Service Class |
||||||||||||||||
| Assets: | ||||||||||||||||||||
| Investments at fair value (note 2b) | $46,962 | $137,297 | $211,355 | $44,781 | $2,655,373 | |||||||||||||||
| Dividend receivable | — | — | — | — | — | |||||||||||||||
| Receivable for units sold | — | — | — | — | 51 | |||||||||||||||
| Total assets | 46,962 | 137,297 | 211,355 | 44,781 | 2,655,424 | |||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Accrued expenses payable to affiliate (note 4b) | 3 | 6 | 7 | 2 | 128 | |||||||||||||||
| Payable for units withdrawn | 2 | — | 2 | 1 | — | |||||||||||||||
| Total liabilities | 5 | 6 | 9 | 3 | 128 | |||||||||||||||
| Net assets attributable to: | ||||||||||||||||||||
| Variable annuity contract owners in the accumulation period | 46,957 | 137,291 | 211,346 | 44,778 | 2,520,387 | |||||||||||||||
| Variable annuity contract owners in the annuitization period | — | — | — | — | 134,909 | |||||||||||||||
| Net assets | $46,957 | $137,291 | $211,346 | $44,778 | $2,655,296 | |||||||||||||||
| Investments in securities at cost | $45,417 | $184,621 | $229,287 | $38,327 | $2,917,923 | |||||||||||||||
| Shares outstanding | 2,300 | 10,370 | 11,020 | 4,626 | 293,866 | |||||||||||||||
See accompanying notes to financial statements.
F-12
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Assets and Liabilities — Continued
December 31, 2025
| Janus Aspen Series (continued) | Legg Mason Partners Variable Equity Trust |
|||||||||||||||||||||||||
| Janus Henderson Global Research Portfolio — Service Shares |
Janus Henderson Global Technology and Innovation Portfolio — Service Shares |
Janus Henderson Portfolio — |
Janus Henderson Portfolio — |
Janus Henderson Research Portfolio — Institutional Shares |
Janus Henderson Portfolio — |
ClearBridge Portfolio — |
||||||||||||||||||||
| $138,384 | $2 | $99,192 | $99,767 | $625,070 | $11,056 | $— | ||||||||||||||||||||
| — | — | — | — | — | — | — | ||||||||||||||||||||
| — | — | — | — | — | — | — | ||||||||||||||||||||
| 138,384 | 2 | 99,192 | 99,767 | 625,070 | 11,056 | — | ||||||||||||||||||||
| 6 | 2 | 4 | 13 | 24 | — | — | ||||||||||||||||||||
| — | — | — | — | — | — | — | ||||||||||||||||||||
| 6 | 2 | 4 | 13 | 24 | — | — | ||||||||||||||||||||
| 138,378 | — | 96,822 | 99,754 | 625,046 | 11,056 | — | ||||||||||||||||||||
| — | — | 2,366 | — | — | — | — | ||||||||||||||||||||
| $138,378 | $— | $99,188 | $99,754 | $625,046 | $11,056 | $— | ||||||||||||||||||||
| $81,021 | $1 | $70,695 | $57,129 | $331,383 | $5,542 | $— | ||||||||||||||||||||
| 1,811 | — | 1,777 | 1,882 | 9,631 | 181 | — | ||||||||||||||||||||
| Lincoln Variable Insurance Products Trust (continued) |
||||||||||||||||||||||||||
| LVIP American Century Standard Class II |
LVIP American Century Standard Class II |
LVIP American Century Standard Class II |
LVIP JPMorgan Core Standard Class |
LVIP JPMorgan Mid Standard Class |
LVIP JPMorgan Standard Class |
LVIP JPMorgan Standard Class |
||||||||||||||||||||
| $194,765 | $642,320 | $165,968 | $1,044,980 | $708,489 | $109,948 | $1,018,653 | ||||||||||||||||||||
| — | — | — | — | — | — | — | ||||||||||||||||||||
| — | — | — | 28 | 10 | 28 | — | ||||||||||||||||||||
| 194,765 | 642,320 | 165,968 | 1,045,008 | 708,499 | 109,976 | 1,018,653 | ||||||||||||||||||||
| 10 | 28 | 7 | 52 | 32 | 5 | 53 | ||||||||||||||||||||
| 4 | — | — | — | — | — | — | ||||||||||||||||||||
| 14 | 28 | 7 | 52 | 32 | 5 | 53 | ||||||||||||||||||||
| 166,981 | 621,177 | 165,961 | 927,685 | 640,453 | 86,480 | 880,629 | ||||||||||||||||||||
| 27,770 | 21,115 | — | 117,271 | 68,014 | 23,491 | 137,971 | ||||||||||||||||||||
| $194,751 | $642,292 | $165,961 | $1,044,956 | $708,467 | $109,971 | $1,018,600 | ||||||||||||||||||||
| $172,689 | $474,981 | $131,453 | $1,107,775 | $733,714 | $100,041 | $891,171 | ||||||||||||||||||||
| 15,906 | 20,394 | 12,847 | 104,960 | 78,616 | 5,010 | 20,634 | ||||||||||||||||||||
See accompanying notes to financial statements.
F-13
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Assets and Liabilities — Continued
December 31, 2025
| MFS® Variable Insurance Trust | MFS® Variable Insurance Trust II |
|||||||||||||||||||
| MFS® Investors Trust Series — Service Class Shares |
MFS® New Service |
MFS® Total Return Series — Service Class Shares |
MFS® Utilities Service |
MFS® Income Portfolio — Service Class Shares |
||||||||||||||||
| Assets: | ||||||||||||||||||||
| Investments at fair value (note 2b) | $260,059 | $380,653 | $3,309,275 | $640,586 | $24,128 | |||||||||||||||
| Dividend receivable | — | — | — | — | — | |||||||||||||||
| Receivable for units sold | 85 | 43 | — | 162 | — | |||||||||||||||
| Total assets | 260,144 | 380,696 | 3,309,275 | 640,748 | 24,128 | |||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Accrued expenses payable to affiliate (note 4b) | 11 | 16 | 164 | 28 | 1 | |||||||||||||||
| Payable for units withdrawn | — | — | 435 | — | 1 | |||||||||||||||
| Total liabilities | 11 | 16 | 599 | 28 | 2 | |||||||||||||||
| Net assets attributable to: | ||||||||||||||||||||
| Variable annuity contract owners in the accumulation period | 260,133 | 380,680 | 3,234,885 | 633,804 | 17,293 | |||||||||||||||
| Variable annuity contract owners in the annuitization period | — | — | 73,791 | 6,916 | 6,833 | |||||||||||||||
| Net assets | $260,133 | $380,680 | $3,308,676 | $640,720 | $24,126 | |||||||||||||||
| Investments in securities at cost | $261,122 | $439,800 | $3,199,328 | $517,158 | $25,558 | |||||||||||||||
| Shares outstanding | 10,170 | 31,459 | 146,169 | 17,398 | 2,852 | |||||||||||||||
| Rydex Variable Trust |
State Street Variable Insurance Series Funds, Inc. | |||||||||||||||||||
| NASDAQ — 100® Fund |
Income V.I.S. Fund — Class 1 Shares |
Premier Growth Equity V.I.S. Fund — Class 1 Shares |
Real Estate Securities V.I.S. Fund — Class 1 Shares |
S&P 500® Index V.I.S. Fund — Class 1 Shares |
||||||||||||||||
| Assets: | ||||||||||||||||||||
| Investments at fair value (note 2b) | $219,990 | $318,155 | $614,449 | $807,039 | $6,374,909 | |||||||||||||||
| Dividend receivable | — | — | — | — | — | |||||||||||||||
| Receivable for units sold | 4 | 356 | 53 | 357 | 2,921 | |||||||||||||||
| Total assets | 219,994 | 318,511 | 614,502 | 807,396 | 6,377,830 | |||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Accrued expenses payable to affiliate (note 4b) | 9 | 14 | 18 | 36 | 267 | |||||||||||||||
| Payable for units withdrawn | — | — | — | — | — | |||||||||||||||
| Total liabilities | 9 | 14 | 18 | 36 | 267 | |||||||||||||||
| Net assets attributable to: | ||||||||||||||||||||
| Variable annuity contract owners in the accumulation period | 219,985 | 318,497 | 614,484 | 796,664 | 6,242,210 | |||||||||||||||
| Variable annuity contract owners in the annuitization period | — | — | — | 10,696 | 135,353 | |||||||||||||||
| Net assets | $219,985 | $318,497 | $614,484 | $807,360 | $6,377,563 | |||||||||||||||
| Investments in securities at cost | $111,032 | $365,382 | $542,440 | $850,142 | $4,398,087 | |||||||||||||||
| Shares outstanding | 2,274 | 32,598 | 5,348 | 76,715 | 107,612 | |||||||||||||||
See accompanying notes to financial statements.
F-14
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Assets and Liabilities — Continued
December 31, 2025
| MFS® Variable Insurance Trust II (continued) |
PIMCO Variable Insurance Trust | |||||||||||||||||||||||||
| MFS® Massachusetts Investors Growth Stock Portfolio — Service Class Shares |
All Asset Portfolio — Advisor Class Shares |
High Yield Portfolio — Administrative Class Shares |
International Bond Portfolio (U.S. Dollar Hedged) — Administrative Class Shares |
Long-Term U.S. Government Portfolio — Administrative Class Shares |
Low Duration Portfolio — Administrative Class Shares |
Total Return Portfolio — Administrative Class Shares |
||||||||||||||||||||
| $306,566 | $227,673 | $2,856,116 | $8,238 | $3,661,366 | $4,718,571 | $9,937,623 | ||||||||||||||||||||
| — | — | 14,929 | 24 | 10,802 | 15,854 | 35,432 | ||||||||||||||||||||
| — | — | 250 | — | 314 | — | 95 | ||||||||||||||||||||
| 306,566 | 227,673 | 2,871,295 | 8,262 | 3,672,482 | 4,734,425 | 9,973,150 | ||||||||||||||||||||
| 13 | 10 | 132 | 1 | 174 | 222 | 460 | ||||||||||||||||||||
| — | — | — | 1 | — | 20 | — | ||||||||||||||||||||
| 13 | 10 | 132 | 2 | 174 | 242 | 460 | ||||||||||||||||||||
| 221,898 | 227,663 | 2,787,730 | 8,260 | 3,582,533 | 4,576,180 | 9,809,144 | ||||||||||||||||||||
| 84,655 | — | 83,433 | — | 89,775 | 158,003 | 163,546 | ||||||||||||||||||||
| $306,553 | $227,663 | $2,871,163 | $8,260 | $3,672,308 | $4,734,183 | $9,972,690 | ||||||||||||||||||||
| $303,712 | $242,324 | $2,814,161 | $8,484 | $4,376,850 | $4,782,011 | $10,317,760 | ||||||||||||||||||||
| 14,018 | 23,327 | 385,441 | 821 | 489,487 | 482,471 | 1,051,600 | ||||||||||||||||||||
| State Street Variable Insurance Series Funds, Inc. (continued) | The Alger Portfolios | The Prudential Series Fund |
||||||||||||||||||||||||
| Small-Cap Equity V.I.S. Fund — Class 1 Shares |
Total Return V.I.S. Fund — Class 1 Shares |
Total Return V.I.S. Fund — Class 3 Shares |
U.S. Equity V.I.S. Fund — Class 1 Shares |
Alger Large Cap Growth Portfolio — Class I-2 Shares |
Alger Small Cap Growth Portfolio — Class I-2 Shares |
PSF Natural Resources Portfolio — Class II Shares |
||||||||||||||||||||
| $802,305 | $8,549,087 | $28,671,978 | $482,292 | $267,704 | $57,899 | $— | ||||||||||||||||||||
| — | — | — | — | — | — | — | ||||||||||||||||||||
| — | — | — | 262 | — | — | — | ||||||||||||||||||||
| 802,305 | 8,549,087 | 28,671,978 | 482,554 | 267,704 | 57,899 | — | ||||||||||||||||||||
| 34 | 372 | 1,544 | 23 | 10 | 2 | — | ||||||||||||||||||||
| 3 | 57,174 | 89,692 | — | — | — | — | ||||||||||||||||||||
| 37 | 57,546 | 91,236 | 23 | 10 | 2 | — | ||||||||||||||||||||
| 763,449 | 3,343,069 | 26,219,874 | 482,531 | 267,694 | 54,818 | — | ||||||||||||||||||||
| 38,819 | 5,148,472 | 2,360,868 | — | — | 3,079 | — | ||||||||||||||||||||
| $802,268 | $8,491,541 | $28,580,742 | $482,531 | $267,694 | $57,897 | $— | ||||||||||||||||||||
| $930,096 | $8,167,336 | $27,316,779 | $463,146 | $175,935 | $77,066 | $— | ||||||||||||||||||||
| 72,345 | 504,074 | 1,690,565 | 10,370 | 2,595 | 3,106 | — | ||||||||||||||||||||
See accompanying notes to financial statements.
F-15
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Assets and Liabilities — Continued
December 31, 2025
| The Prudential Series Fund (continued) |
||||||||
| PSF PGIM Jennison Blend Portfolio — Class II Shares |
PSF PGIM Jennison Growth Portfolio — Class II Shares |
|||||||
| Assets: | ||||||||
| Investments at fair value (note 2b) | $726,328 | $277,366 | ||||||
| Dividend receivable | — | — | ||||||
| Receivable for units sold | — | — | ||||||
| Total assets | 726,328 | 277,366 | ||||||
| Liabilities: | ||||||||
| Accrued expenses payable to affiliate (note 4b) | 36 | 12 | ||||||
| Payable for units withdrawn | — | — | ||||||
| Total liabilities | 36 | 12 | ||||||
| Net assets attributable to: | ||||||||
| Variable annuity contract owners in the accumulation period | 726,292 | 277,354 | ||||||
| Variable annuity contract owners in the annuitization period | — | — | ||||||
| Net assets | $726,292 | $277,354 | ||||||
| Investments in securities at cost | $565,036 | $79,000 | ||||||
| Shares outstanding | 5,194 | 1,404 | ||||||
See accompanying notes to financial statements.
F-16
[THIS PAGE INTENTIONALLY LEFT BLANK]
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
| AB Variable Products Series Fund, Inc. | ||||||||||||||||||||
| AB VPS Balanced Hedged Allocation Portfolio — Class B |
AB VPS International Value Portfolio — Class B |
AB VPS Large Cap Growth Portfolio — Class B |
AB VPS Relative Value Portfolio — Class B |
AB VPS Small Cap Growth Portfolio — Class B |
||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
||||||||||||||||
| Investment income and expense: | ||||||||||||||||||||
| Income — Ordinary dividends | $39,286 | $9,309 | $— | $14,909 | $— | |||||||||||||||
| Mortality and expense risk and administrative charges (note 4a) | 36,414 | 6,376 | 16,854 | 30,102 | 4,462 | |||||||||||||||
| Net investment income (expense) | 2,872 | 2,933 | (16,854 | ) | (15,193 | ) | (4,462 | ) | ||||||||||||
| Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
| Net realized gain (loss) | (21,150 | ) | 13,744 | 83,957 | 147,630 | (13,913 | ) | |||||||||||||
| Change in unrealized appreciation (depreciation) | 207,093 | 117,504 | (44,759 | ) | (120,861 | ) | 29,214 | |||||||||||||
| Capital gain distributions | 108,887 | — | 93,782 | 139,217 | — | |||||||||||||||
| Net realized and unrealized gain (loss) on investments | 294,830 | 131,248 | 132,980 | 165,986 | 15,301 | |||||||||||||||
| Increase (decrease) in net assets from operations | $297,702 | $134,181 | $116,126 | $150,793 | $10,839 | |||||||||||||||
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) (continued) | ||||||||||||||||||||
| Invesco V.I. Discovery Large Cap Fund — Series I shares |
Invesco V.I. Discovery Large Cap Fund — Series II Shares |
Invesco V.I. Discovery Mid Cap Growth Fund — Series I shares |
Invesco V.I. Discovery Mid Cap Growth Fund — Series II shares |
Invesco V.I. EQV International Equity Fund — Series II shares |
||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
||||||||||||||||
| Investment income and expense: | ||||||||||||||||||||
| Income — Ordinary dividends | $— | $— | $— | $— | $32,256 | |||||||||||||||
| Mortality and expense risk and administrative charges (note 4a) | 2,215 | 17,218 | 2,532 | 2,274 | 46,382 | |||||||||||||||
| Net investment income (expense) | (2,215 | ) | (17,218 | ) | (2,532 | ) | (2,274 | ) | (14,126 | ) | ||||||||||
| Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
| Net realized gain (loss) | 15,347 | 45,733 | 2,903 | 342 | 13,813 | |||||||||||||||
| Change in unrealized appreciation (depreciation) | (14,906 | ) | (61,304 | ) | (9,256 | ) | (8,219 | ) | 199,069 | |||||||||||
| Capital gain distributions | 19,454 | 139,333 | 14,681 | 14,350 | 176,015 | |||||||||||||||
| Net realized and unrealized gain (loss) on investments | 19,895 | 123,762 | 8,328 | 6,473 | 388,897 | |||||||||||||||
| Increase (decrease) in net assets from operations | $17,680 | $106,544 | $5,796 | $4,199 | $374,771 | |||||||||||||||
See accompanying notes to financial statements.
F-18
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Operations — Continued
| AB Variable Series Fund, |
AIM Variable Insurance Funds (Invesco Variable Insurance Funds) | |||||||||||||||||||||||||
| AB VPS Sustainable Global Thematic Portfolio — Class B |
Invesco V.I. American Series I shares |
Invesco V.I. American Series II shares |
Invesco V.I. American Fund
— |
Invesco V.I. Comstock Series II shares |
Invesco V.I. Core Equity |
Invesco V.I. Core Plus Bond Fund — Series I shares |
||||||||||||||||||||
| Year ended 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended 2025 |
||||||||||||||||||||
| $— | $— | $— | $1,143 | $54,939 | $67,939 | $24,197 | ||||||||||||||||||||
| 772 | 5,534 | 1,032 | 8,044 | 57,329 | 168,568 | 7,848 | ||||||||||||||||||||
| (772 | ) | (5,534 | ) | (1,032 | ) | (6,901 | ) | (2,390 | ) | (100,629 | ) | 16,349 | ||||||||||||||
| 266 | 72,329 | 1,991 | 1,669 | 34,599 | 81,735 | 135 | ||||||||||||||||||||
| (3,868 | ) | (54,140 | ) | (2,008 | ) | 15,377 | 63,428 | 566,126 | 13,861 | |||||||||||||||||
| 6,475 | 20,972 | 6,947 | 82,109 | 407,134 | 782,109 | — | ||||||||||||||||||||
| 2,873 | 39,161 | 6,930 | 99,155 | 505,161 | 1,429,970 | 13,996 | ||||||||||||||||||||
| $2,101 | $33,627 | $5,898 | $92,254 | $502,771 | $1,329,341 | $30,345 | ||||||||||||||||||||
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) (continued) | ||||||||||||||||||||||||||
| Invesco V.I. Equity
and Fund — Series I shares |
Invesco V.I. Equity
and Fund — Series II shares |
Invesco V.I. Global Fund — Series II shares |
Invesco V.I. Global
Real Fund — Series II shares |
Invesco V.I. Global Strategic Fund — Series I shares |
Invesco V.I. Main Street Fund® — |
Invesco V.I. Main Street Small Cap |
||||||||||||||||||||
| Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
||||||||||||||||||||
| $701 | $37,775 | $— | $80 | $197 | $39,105 | $8,208 | ||||||||||||||||||||
| 461 | 44,542 | 49,256 | 2,004 | 48 | 212,752 | 59,859 | ||||||||||||||||||||
| 240 | (6,767 | ) | (49,256 | ) | (1,924 | ) | 149 | (173,647 | ) | (51,651 | ) | |||||||||||||||
| 24 | 23,798 | 45,534 | 12,145 | (32 | ) | (346 | ) | 58,331 | ||||||||||||||||||
| 1,499 | 77,442 | (185,815 | ) | (1,705 | ) | 251 | 1,029,862 | (129,903 | ) | |||||||||||||||||
| 1,780 | 108,381 | 573,882 | — | — | 784,663 | 364,983 | ||||||||||||||||||||
| 3,303 | 209,621 | 433,601 | 10,440 | 219 | 1,814,179 | 293,411 | ||||||||||||||||||||
| $3,543 | $202,854 | $384,345 | $8,516 | $368 | $1,640,532 | $241,760 | ||||||||||||||||||||
See accompanying notes to financial statements.
F-19
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Operations — Continued
| Allspring Variable Trust |
BNY Mellon | BlackRock Variable Series Funds, Inc. |
||||||||||||||||||
| Allspring VT Discovery All Cap Growth Fund — Class 2 |
BNY Mellon Investment Portfolios — MidCap Stock Portfolio — Initial Shares |
BNY Mellon Sustainable U.S. Equity Portfolio, Inc. — Initial Shares |
BNY Mellon Variable Investment Fund — Government Money Market Portfolio |
BlackRock Advantage SMID Cap V.I. Fund — Class III Shares |
||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
||||||||||||||||
| Investment income and expense: | ||||||||||||||||||||
| Income — Ordinary dividends | $— | $1,361 | $65 | $31,783 | $1,096 | |||||||||||||||
| Mortality and expense risk and administrative charges (note 4a) | 3,866 | 2,093 | 417 | 12,486 | 1,230 | |||||||||||||||
| Net investment income (expense) | (3,866 | ) | (732 | ) | (352 | ) | 19,297 | (134 | ) | |||||||||||
| Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
| Net realized gain (loss) | (1,722 | ) | 7,024 | 119 | — | (15,038 | ) | |||||||||||||
| Change in unrealized appreciation (depreciation) | (48,983 | ) | (13,713 | ) | 1,684 | — | 9,377 | |||||||||||||
| Capital gain distributions | 85,601 | 17,694 | 2,088 | — | 9,955 | |||||||||||||||
| Net realized and unrealized gain (loss) on investments | 34,896 | 11,005 | 3,891 | — | 4,294 | |||||||||||||||
| Increase (decrease) in net assets from operations | $31,030 | $10,273 | $3,539 | $19,297 | $4,160 | |||||||||||||||
| Federated Hermes Insurance Series | Fidelity® Variable Insurance Products Fund |
|||||||||||||||||||
| Federated Hermes High Income Bond Fund II — Primary Shares |
Federated Hermes High Income Bond Fund II — Service Shares |
Federated Hermes Kaufmann Fund II — Service Shares |
Federated Hermes Managed Volatility Fund II — Primary Shares |
VIP Asset Manager 50% Portfolio — Initial Class |
||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
||||||||||||||||
| Investment income and expense: | ||||||||||||||||||||
| Income — Ordinary dividends | $12 | $32,417 | $— | $827 | $3,009 | |||||||||||||||
| Mortality and expense risk and administrative charges (note 4a) | 3 | 7,763 | 45,875 | 412 | 1,643 | |||||||||||||||
| Net investment income (expense) | 9 | 24,654 | (45,875 | ) | 415 | 1,366 | ||||||||||||||
| Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
| Net realized gain (loss) | (5 | ) | (17,781 | ) | 3,338 | 5 | 214 | |||||||||||||
| Change in unrealized appreciation (depreciation) | 7 | 25,291 | (36,260 | ) | 721 | 7,986 | ||||||||||||||
| Capital gain distributions | — | — | 334,186 | 504 | 5,200 | |||||||||||||||
| Net realized and unrealized gain (loss) on investments | 2 | 7,510 | 301,264 | 1,230 | 13,400 | |||||||||||||||
| Increase (decrease) in net assets from operations | $11 | $32,164 | $255,389 | $1,645 | $14,766 | |||||||||||||||
See accompanying notes to financial statements.
F-20
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Operations — Continued
| BlackRock Variable Series Funds, Inc. (continued) | Columbia Funds Variable Series Trust II |
Deutsche DWS Variable Series II |
Eaton Vance Variable Trust |
|||||||||||||||||||||||
| BlackRock Value V.I. Fund |
BlackRock |
BlackRock Large Cap Focus Growth V.I. Fund — Class III Shares |
CTIVP® — Principal Large Cap Growth Fund — Class 1 |
Columbia Variable Portfolio — Overseas Core Fund — Class 2 |
DWS Small Mid Cap Value VIP — Class B Shares |
VT Floating-Rate |
||||||||||||||||||||
| Year ended 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended 2025 |
||||||||||||||||||||
| $9,193 | $1,005,865 | $— | $— | $14,382 | $398 | $196,507 | ||||||||||||||||||||
| 8,663 | 469,306 | 2,495 | 10,465 | 12,352 | 2,633 | 49,630 | ||||||||||||||||||||
| 530 | 536,559 | (2,495 | ) | (10,465 | ) | 2,030 | (2,235 | ) | 146,877 | |||||||||||||||||
| 7,622 | (47,119 | ) | 12,794 | 152,215 | 49,397 | 1,584 | (30,302 | ) | ||||||||||||||||||
| 34,706 | 1,180,551 | (21,431 | ) | (56,328 | ) | 193,486 | 21,987 | (55,419 | ) | |||||||||||||||||
| 63,446 | 2,472,207 | 26,390 | — | — | 7,843 | — | ||||||||||||||||||||
| 105,774 | 3,605,639 | 17,753 | 95,887 | 242,883 | 31,414 | (85,721 | ) | |||||||||||||||||||
| $106,304 | $4,142,198 | $15,258 | $85,422 | $244,913 | $29,179 | $61,156 | ||||||||||||||||||||
| Fidelity® Variable Insurance Products Fund (continued) |
||||||||||||||||||||||||||
| VIP Asset Manager
50% |
VIP Balanced |
VIP Contrafund® Portfolio — Initial Class |
VIP Contrafund® Portfolio — Service Class 2 |
VIP Dynamic |
VIP Equity-Income |
VIP Equity-Income |
||||||||||||||||||||
| Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
||||||||||||||||||||
| $1,024 | $50,186 | $1,414 | $— | $68 | $4,878 | $36,817 | ||||||||||||||||||||
| 665 | 75,722 | 13,841 | 343,363 | 260 | 3,715 | 37,107 | ||||||||||||||||||||
| 359 | (25,536 | ) | (12,427 | ) | (343,363 | ) | (192 | ) | 1,163 | (290 | ) | |||||||||||||||
| 344 | 455,626 | 12,055 | 1,258,561 | 225 | 977 | 97,536 | ||||||||||||||||||||
| 2,577 | (247,769 | ) | 19,434 | (594,230 | ) | (456 | ) | 25,412 | 140,420 | |||||||||||||||||
| 2,013 | 238,749 | 160,714 | 3,383,651 | 2,968 | 14,996 | 131,755 | ||||||||||||||||||||
| 4,934 | 446,606 | 192,203 | 4,047,982 | 2,737 | 41,385 | 369,711 | ||||||||||||||||||||
| $5,293 | $421,070 | $179,776 | $3,704,619 | $2,545 | $42,548 | $369,421 | ||||||||||||||||||||
See accompanying notes to financial statements.
F-21
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Operations — Continued
| Fidelity® Variable Insurance Products Fund (continued) | ||||||||||||||||||||
| VIP Growth & Income Portfolio — Initial Class |
VIP Growth & Income Portfolio — Service Class 2 |
VIP Growth Opportunities Portfolio — Initial Class |
VIP Growth Opportunities Portfolio — Service Class 2 |
VIP Growth Portfolio — Initial Class |
||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
||||||||||||||||
| Investment income and expense: | ||||||||||||||||||||
| Income — Ordinary dividends | $4,580 | $8,695 | $— | $— | $1,847 | |||||||||||||||
| Mortality and expense risk and administrative charges (note 4a) | 4,120 | 10,053 | 1,296 | 5,182 | 8,729 | |||||||||||||||
| Net investment income (expense) | 460 | (1,358 | ) | (1,296 | ) | (5,182 | ) | (6,882 | ) | |||||||||||
| Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
| Net realized gain (loss) | 31,316 | 41,319 | 1,728 | 21,430 | 6,288 | |||||||||||||||
| Change in unrealized appreciation (depreciation) | (5,831 | ) | 10,849 | 15,512 | 37,561 | (2,660 | ) | |||||||||||||
| Capital gain distributions | 27,696 | 62,972 | 1,458 | 4,368 | 81,761 | |||||||||||||||
| Net realized and unrealized gain (loss) on investments | 53,181 | 115,140 | 18,698 | 63,359 | 85,389 | |||||||||||||||
| Increase (decrease) in net assets from operations | $53,641 | $113,782 | $17,402 | $58,177 | $78,507 | |||||||||||||||
| Franklin Templeton Variable Insurance Products Trust (continued) | ||||||||||||||||||||
| Franklin Large Cap Growth VIP Fund — Class 2 Shares |
Franklin Mutual Shares VIP Fund — Class 2 Shares |
Templeton Foreign VIP Fund — Class 1 Shares |
Templeton Foreign VIP Fund — Class 2 Shares |
Templeton Global Bond VIP Fund — Class 1 Shares |
||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
||||||||||||||||
| Investment income and expense: | ||||||||||||||||||||
| Income — Ordinary dividends | $— | $59,462 | $— | $4,244 | $— | |||||||||||||||
| Mortality and expense risk and administrative charges (note 4a) | 3,100 | 48,829 | — | 2,827 | 28 | |||||||||||||||
| Net investment income (expense) | (3,100 | ) | 10,633 | — | 1,417 | (28 | ) | |||||||||||||
| Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
| Net realized gain (loss) | 230 | (18,023 | ) | — | 7,490 | (6 | ) | |||||||||||||
| Change in unrealized appreciation (depreciation) | (25,604 | ) | (4,983 | ) | — | 22,789 | 301 | |||||||||||||
| Capital gain distributions | 39,593 | 292,971 | — | 11,851 | — | |||||||||||||||
| Net realized and unrealized gain (loss) on investments | 14,219 | 269,965 | — | 42,130 | 295 | |||||||||||||||
| Increase (decrease) in net assets from operations | $11,119 | $280,598 | $— | $43,547 | $267 | |||||||||||||||
See accompanying notes to financial statements.
F-22
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Operations — Continued
| Fidelity® Variable Insurance Products Fund (continued) | Franklin Templeton Variable Insurance Products Trust |
|||||||||||||||||||||||||
| VIP Growth |
VIP Investment |
VIP Mid Cap |
VIP Overseas |
VIP Value Strategies |
Franklin Allocation VIP Fund — Class 2 Shares |
Franklin Income VIP Fund — Class 2 Shares |
||||||||||||||||||||
| Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
||||||||||||||||||||
| $570 | $233,202 | $7,289 | $2,148 | $359 | $113,896 | $937,118 | ||||||||||||||||||||
| 17,320 | 117,782 | 69,640 | 1,896 | 741 | 104,091 | 363,086 | ||||||||||||||||||||
| (16,750 | ) | 115,420 | (62,351 | ) | 252 | (382 | ) | 9,805 | 574,032 | |||||||||||||||||
| 9,310 | (69,080 | ) | (155,416 | ) | 2,354 | 873 | (125,103 | ) | (66,351 | ) | ||||||||||||||||
| (8,745 | ) | 303,831 | 100,110 | 7,868 | 919 | 459,877 | 1,102,158 | |||||||||||||||||||
| 153,027 | — | 471,485 | 11,949 | 1,810 | 240,435 | 196,979 | ||||||||||||||||||||
| 153,592 | 234,751 | 416,179 | 22,171 | 3,602 | 575,209 | 1,232,786 | ||||||||||||||||||||
| $136,842 | $350,171 | $353,828 | $22,423 | $3,220 | $585,014 | $1,806,818 | ||||||||||||||||||||
| Franklin Templeton Variable Insurance Products Trust (continued) |
Goldman Sachs Variable Insurance Trust | Janus Aspen Series | ||||||||||||||||||||||||
| Templeton Growth VIP Fund — Class 2 Shares |
Goldman Sachs Government Money Market Fund — Service Shares |
Goldman Sachs Large Cap Value Fund — Institutional Shares |
Goldman Sachs Mid Cap Value Fund — Institutional Shares |
Janus Henderson Balanced Portfolio — Institutional Shares |
Janus Henderson Balanced Portfolio — Service Shares |
Janus Henderson Enterprise Portfolio — Institutional Shares |
||||||||||||||||||||
| Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
||||||||||||||||||||
| $4,543 | $218,096 | $1,994 | $3,385 | $12,836 | $111,191 | $2,528 | ||||||||||||||||||||
| 9,008 | 88,100 | 2,551 | 4,170 | 8,849 | 115,403 | 11,252 | ||||||||||||||||||||
| (4,465 | ) | 129,996 | (557 | ) | (785 | ) | 3,987 | (4,212 | ) | (8,724 | ) | |||||||||||||||
| 13,885 | — | (1,458 | ) | 4,919 | 12,689 | 501,524 | 8,913 | |||||||||||||||||||
| 54,368 | — | (6,666 | ) | (12,772 | ) | 42,862 | 106,871 | (11,275 | ) | |||||||||||||||||
| 39,005 | — | 24,798 | 30,694 | 20,570 | 209,872 | 59,391 | ||||||||||||||||||||
| 107,258 | — | 16,674 | 22,841 | 76,121 | 818,267 | 57,029 | ||||||||||||||||||||
| $102,793 | $129,996 | $16,117 | $22,056 | $80,108 | $814,055 | $48,305 | ||||||||||||||||||||
See accompanying notes to financial statements.
F-23
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Operations — Continued
| Janus Aspen Series (continued) | ||||||||||||||||||||
| Janus Henderson Enterprise Portfolio — Service Shares |
Janus Henderson Flexible Bond Portfolio — Institutional Shares |
Janus Henderson Forty Portfolio — Institutional Shares |
Janus Henderson Forty Portfolio — Service Shares |
Janus Henderson Global Research Portfolio — Institutional Shares |
||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
||||||||||||||||
| Investment income and expense: | ||||||||||||||||||||
| Income — Ordinary dividends | $210 | $12 | $3,082 | $2,967 | $1,857 | |||||||||||||||
| Mortality and expense risk and administrative charges (note 4a) | 1,772 | 4 | 14,417 | 17,433 | 3,519 | |||||||||||||||
| Net investment income (expense) | (1,562 | ) | 8 | (11,335 | ) | (14,466 | ) | (1,662 | ) | |||||||||||
| Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
| Net realized gain (loss) | 272 | — | 16,028 | 70,583 | 7,206 | |||||||||||||||
| Change in unrealized appreciation (depreciation) | (1,936 | ) | 4 | 33,339 | (37,824 | ) | 17,254 | |||||||||||||
| Capital gain distributions | 9,992 | — | 120,130 | 152,153 | 21,408 | |||||||||||||||
| Net realized and unrealized gain (loss) on investments | 8,328 | 4 | 169,497 | 184,912 | 45,868 | |||||||||||||||
| Increase (decrease) in net assets from operations | $6,766 | $12 | $158,162 | $170,446 | $44,206 | |||||||||||||||
| Legg Mason Partners Variable Equity Trust (continued) |
Lincoln Variable Insurance Products Trust |
|||||||||||||||||||
| ClearBridge Variable Dividend Strategy Portfolio — Class II |
ClearBridge Variable Growth Portfolio — Class II |
ClearBridge Variable Large Cap Value Portfolio — Class I |
LVIP American Century Disciplined Core Value Fund — Standard Class II |
LVIP American Century Inflation Protection Fund — Service Class |
||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
||||||||||||||||
| Investment income and expense: | ||||||||||||||||||||
| Income — Ordinary dividends | $866 | $— | $2,333 | $708 | $192,384 | |||||||||||||||
| Mortality and expense risk and administrative charges (note 4a) | 1,489 | 2,048 | 3,318 | 622 | 47,091 | |||||||||||||||
| Net investment income (expense) | (623 | ) | (2,048 | ) | (985 | ) | 86 | 145,293 | ||||||||||||
| Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
| Net realized gain (loss) | 24,739 | (1,211 | ) | (2,857 | ) | 43 | (43,686 | ) | ||||||||||||
| Change in unrealized appreciation (depreciation) | (24,837 | ) | (4,383 | ) | (1,055 | ) | 5,076 | 20,295 | ||||||||||||
| Capital gain distributions | 6,223 | 21,687 | 20,290 | — | — | |||||||||||||||
| Net realized and unrealized gain (loss) on investments | 6,125 | 16,093 | 16,378 | 5,119 | (23,391 | ) | ||||||||||||||
| Increase (decrease) in net assets from operations | $5,502 | $14,045 | $15,393 | $5,205 | $121,902 | |||||||||||||||
See accompanying notes to financial statements.
F-24
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Operations — Continued
| Janus Aspen Series (continued) | Legg Mason Partners Variable Equity Trust |
|||||||||||||||||||||||||
| Janus Henderson Global Research Portfolio — Service Shares |
Janus Henderson Global Technology and Innovation Portfolio — Service Shares |
Janus Henderson Overseas Portfolio — Institutional Shares |
Janus Henderson Overseas Portfolio — Service Shares |
Janus Henderson Research Portfolio — Institutional Shares |
Janus Henderson Research Portfolio — Service Shares |
ClearBridge Variable Dividend Strategy Portfolio — Class I |
||||||||||||||||||||
| Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
||||||||||||||||||||
| $767 | $— | $1,302 | $1,201 | $783 | $13 | $— | ||||||||||||||||||||
| 2,060 | — | 1,267 | 1,413 | 9,001 | 154 | — | ||||||||||||||||||||
| (1,293 | ) | — | 35 | (212 | ) | (8,218 | ) | (141 | ) | — | ||||||||||||||||
| 8,510 | — | 1,580 | 769 | 46,767 | 685 | — | ||||||||||||||||||||
| 4,613 | — | 19,901 | 20,484 | 14,806 | 248 | — | ||||||||||||||||||||
| 11,447 | — | — | — | 48,164 | 828 | — | ||||||||||||||||||||
| 24,570 | — | 21,481 | 21,253 | 109,737 | 1,761 | — | ||||||||||||||||||||
| $23,277 | $— | $21,516 | $21,041 | $101,519 | $1,620 | $— | ||||||||||||||||||||
| Lincoln Variable Insurance Products Trust (continued) |
||||||||||||||||||||||||||
| LVIP American |
LVIP American |
LVIP American |
LVIP JPMorgan Core Bond Fund — Standard Class |
LVIP JPMorgan Mid Cap Value Fund — Standard Class |
LVIP JPMorgan Small Cap Core Fund — Standard Class |
LVIP JPMorgan U.S. Equity Fund — Standard Class |
||||||||||||||||||||
| Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
||||||||||||||||||||
| $2,303 | $— | $2,570 | $36,738 | $7,858 | $658 | $4,447 | ||||||||||||||||||||
| 3,684 | 9,653 | 2,355 | 18,905 | 11,684 | 3,605 | 11,468 | ||||||||||||||||||||
| (1,381 | ) | (9,653 | ) | 215 | 17,833 | (3,826 | ) | (2,947 | ) | (7,021 | ) | |||||||||||||||
| 3,393 | 94,764 | 1,754 | (13,525 | ) | 22,249 | 16,528 | 27,825 | |||||||||||||||||||
| 23,526 | (70,817 | ) | 7,208 | 52,325 | (72,530 | ) | (12,868 | ) | 14,758 | |||||||||||||||||
| — | 51,010 | 12,101 | — | 75,109 | 8,607 | 28,085 | ||||||||||||||||||||
| 26,919 | 74,957 | 21,063 | 38,800 | 24,828 | 12,267 | 70,668 | ||||||||||||||||||||
| $25,538 | $65,304 | $21,278 | $56,633 | $21,002 | $9,320 | $63,647 | ||||||||||||||||||||
See accompanying notes to financial statements.
F-25
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Operations — Continued
| MFS® Variable Insurance Trust | MFS® Variable Insurance Trust II |
|||||||||||||||||||
| MFS® Investors Trust Series — Service Class Shares |
MFS® New Discovery Series — Service Class Shares |
MFS® Total Return Series — Service Class Shares |
MFS® Utilities Series — Service Class Shares |
MFS® Income Portfolio — Service Class Shares |
||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
||||||||||||||||
| Investment income and expense: | ||||||||||||||||||||
| Income — Ordinary dividends | $1,492 | $— | $82,826 | $17,337 | $998 | |||||||||||||||
| Mortality and expense risk and administrative charges (note 4a) | 3,923 | 5,634 | 60,272 | 10,561 | 366 | |||||||||||||||
| Net investment income (expense) | (2,431 | ) | (5,634 | ) | 22,554 | 6,776 | 632 | |||||||||||||
| Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
| Net realized gain (loss) | 5,048 | (11,413 | ) | 24,655 | 36,631 | (169 | ) | |||||||||||||
| Change in unrealized appreciation (depreciation) | (81,068 | ) | 54,814 | (3,918 | ) | 28,808 | 851 | |||||||||||||
| Capital gain distributions | 105,566 | — | 243,678 | 8,646 | — | |||||||||||||||
| Net realized and unrealized gain (loss) on investments | 29,546 | 43,401 | 264,415 | 74,085 | 682 | |||||||||||||||
| Increase (decrease) in net assets from operations | $27,115 | $37,767 | $286,969 | $80,861 | $1,314 | |||||||||||||||
| Rydex Variable Trust |
State Street Variable Insurance Series Funds, Inc. | |||||||||||||||||||
| NASDAQ — 100® Fund |
Income V.I.S. Fund — Class 1 Shares |
Premier Growth Equity V.I.S. Fund — Class 1 Shares |
Real Estate Securities V.I.S. Fund — Class 1 Shares |
S&P 500® Index V.I.S. Fund — Class 1 Shares |
||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
Year ended December 31, 2025 |
||||||||||||||||
| Investment income and expense: | ||||||||||||||||||||
| Income — Ordinary dividends | $63 | $11,811 | $— | $8,884 | $58,746 | |||||||||||||||
| Mortality and expense risk and administrative charges (note 4a) | 3,186 | 5,069 | 8,799 | 13,388 | 92,687 | |||||||||||||||
| Net investment income (expense) | (3,123 | ) | 6,742 | (8,799 | ) | (4,504 | ) | (33,941 | ) | |||||||||||
| Net realized and unrealized gain (loss) on investments: | ||||||||||||||||||||
| Net realized gain (loss) | 16,226 | (4,016 | ) | 5,551 | (7,033 | ) | 369,971 | |||||||||||||
| Change in unrealized appreciation (depreciation) | 3,415 | 10,408 | (11,612 | ) | 4,328 | 105,516 | ||||||||||||||
| Capital gain distributions | 11,426 | — | 108,778 | 10,486 | 436,470 | |||||||||||||||
| Net realized and unrealized gain (loss) on investments | 31,067 | 6,392 | 102,717 | 7,781 | 911,957 | |||||||||||||||
| Increase (decrease) in net assets from operations | $27,944 | $13,134 | $93,918 | $3,277 | $878,016 | |||||||||||||||
See accompanying notes to financial statements.
F-26
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Operations — Continued
| MFS® Variable Insurance Trust II (continued) |
PIMCO Variable Insurance Trust | |||||||||||||||||||||||||
| MFS® Massachusetts Investors Growth Stock Portfolio — Service Class Shares |
All Asset Portfolio — Advisor Class Shares |
High Yield Portfolio — Administrative Class Shares |
International Bond Portfolio (U.S. Dollar Hedged) — Administrative Class Shares |
Long-Term U.S. Government Portfolio — Administrative Class Shares |
Low Duration Portfolio — Administrative Class Shares |
Total Return Portfolio — Administrative Class Shares |
||||||||||||||||||||
| Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
||||||||||||||||||||
| $50 | $10,096 | $181,376 | $282 | $114,699 | $186,504 | $426,684 | ||||||||||||||||||||
| 8,778 | 3,469 | 48,662 | 129 | 60,227 | 80,767 | 174,980 | ||||||||||||||||||||
| (8,728 | ) | 6,627 | 132,714 | 153 | 54,472 | 105,737 | 251,704 | |||||||||||||||||||
| 70,552 | (2,498 | ) | 3,190 | (11 | ) | (246,988 | ) | (26,001 | ) | (218,761 | ) | |||||||||||||||
| (61,159 | ) | 22,136 | 61,543 | 43 | 371,914 | 95,855 | 688,789 | |||||||||||||||||||
| 43,646 | — | — | — | — | — | — | ||||||||||||||||||||
| 53,039 | 19,638 | 64,733 | 32 | 124,926 | 69,854 | 470,028 | ||||||||||||||||||||
| $44,311 | $26,265 | $197,447 | $185 | $179,398 | $175,591 | $721,732 | ||||||||||||||||||||
| State Street Variable Insurance Series Funds, Inc. (continued) | The Alger Portfolios | The Prudential Series Fund |
||||||||||||||||||||||||
| Small-Cap Equity V.I.S. Fund — Class 1 Shares |
Total Return V.I.S. Fund — Class 1 Shares |
Total Return V.I.S. Fund — Class 3 Shares |
U.S. Equity V.I.S. Fund — Class 1 Shares |
Alger Large Cap Growth Portfolio — Class I-2 Shares |
Alger Small Cap Growth Portfolio — Class I-2 Shares |
PSF Natural Resources Portfolio — Class II Shares |
||||||||||||||||||||
| Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Year ended 2025 |
Period from January 1 to April 11, 2025 |
||||||||||||||||||||
| $— | $203,062 | $614,275 | $933 | $— | $— | $— | ||||||||||||||||||||
| 12,670 | 128,330 | 570,229 | 6,883 | 3,422 | 1,044 | 1,718 | ||||||||||||||||||||
| (12,670 | ) | 74,732 | 44,046 | (5,950 | ) | (3,422 | ) | (1,044 | ) | (1,718 | ) | |||||||||||||||
| (7,714 | ) | 34,874 | 198,952 | 2,561 | 9,687 | (9,059 | ) | 32,103 | ||||||||||||||||||
| (89,673 | ) | 606,944 | 2,177,729 | (18,835 | ) | 27,490 | 13,411 | (50,910 | ) | |||||||||||||||||
| 93,241 | 353,732 | 1,198,256 | 83,859 | 28,808 | 925 | — | ||||||||||||||||||||
| (4,146 | ) | 995,550 | 3,574,937 | 67,585 | 65,985 | 5,277 | (18,807 | ) | ||||||||||||||||||
| $(16,816 | ) | $1,070,282 | $3,618,983 | $61,635 | $62,563 | $4,233 | $(20,525 | ) | ||||||||||||||||||
See accompanying notes to financial statements.
F-27
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Operations — Continued
| The Prudential Series Fund (continued) |
||||||||
| PSF PGIM Jennison Blend Portfolio — Class II Shares |
PSF PGIM Jennison Growth Portfolio — Class II Shares |
|||||||
| Year ended December 31, 2025 |
Year ended December 31, 2025 |
|||||||
| Investment income and expense: | ||||||||
| Income — Ordinary dividends | $ — | $ — | ||||||
| Mortality and expense risk and administrative charges (note 4a) | 8,703 | 4,112 | ||||||
| Net investment income (expense) | (8,703 | ) | (4,112 | ) | ||||
| Net realized and unrealized gain (loss) on investments: | ||||||||
| Net realized gain (loss) | 29,342 | 4,632 | ||||||
| Change in unrealized appreciation (depreciation) | 109,052 | 29,317 | ||||||
| Capital gain distributions | — | — | ||||||
| Net realized and unrealized gain (loss) on investments | 138,394 | 33,949 | ||||||
| Increase (decrease) in net assets from operations | $129,691 | $29,837 | ||||||
See accompanying notes to financial statements.
F-28
[THIS PAGE INTENTIONALLY LEFT BLANK]
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets
| AB Variable Products Series Fund, Inc. |
||||||||||||||||||||||||
| AB VPS Balanced Hedged Allocation Portfolio — Class B |
AB VPS International Value Portfolio — Class B |
AB VPS Large Cap Growth Portfolio — Class B |
||||||||||||||||||||||
| Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $ 2,872 | $ (35 | ) | $ 2,933 | $ (19,595 | ) | $ (16,854 | ) | $ (18,788 | ) | ||||||||||||||
| Net realized gain (loss) on investments | (21,150 | ) | (35,017 | ) | 13,744 | 122,175 | 83,957 | 69,065 | ||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | 207,093 | 128,086 | 117,504 | 48,699 | (44,759 | ) | 134,113 | |||||||||||||||||
| Capital gain distributions | 108,887 | 42,268 | — | — | 93,782 | 53,748 | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 297,702 | 135,302 | 134,181 | 151,279 | 116,126 | 238,138 | ||||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | — | 50 | — | 525 | — | — | ||||||||||||||||||
| Transfers for contract benefits and terminations | (186,051 | ) | (129,821 | ) | (14,310 | ) | (118,303 | ) | (51,912 | ) | (170,382 | ) | ||||||||||||
| Administrative expenses | (32,210 | ) | (32,089 | ) | (2,683 | ) | (22,029 | ) | (679 | ) | (744 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | (126,152 | ) | (1,565 | ) | (37,310 | ) | (2,328,970 | ) | (164,153 | ) | (34,499 | ) | ||||||||||||
| Increase (decrease) in net assets from capital transactions | (344,413 | ) | (163,425 | ) | (54,303 | ) | (2,468,777 | ) | (216,744 | ) | (205,625 | ) | ||||||||||||
| Increase (decrease) in net assets | (46,711 | ) | (28,123 | ) | 79,878 | (2,317,498 | ) | (100,618 | ) | 32,513 | ||||||||||||||
| Net assets at beginning of year | 2,044,286 | 2,072,409 | 362,402 | 2,679,900 | 1,150,050 | 1,117,537 | ||||||||||||||||||
| Net assets at end of year | $1,997,575 | $2,044,286 | $442,280 | $ 362,402 | $1,049,432 | $1,150,050 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | 2,849 | 4,793 | 183 | 27,316 | 908 | 382 | ||||||||||||||||||
| Units redeemed | (22,211 | ) | (15,064 | ) | (4,694 | ) | (358,634 | ) | (5,181 | ) | (4,385 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | (19,362 | ) | (10,271 | ) | (4,511 | ) | (331,318 | ) | (4,273 | ) | (4,003 | ) | ||||||||||||
See accompanying notes to financial statements.
F-30
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| AB Variable Products Series Fund, Inc. (continued) |
AIM Variable Insurance Funds (Invesco Variable Insurance Funds) |
|||||||||||||||||||||||||||||||||||||
| AB VPS Relative Value Class B |
AB VPS Class B |
AB VPS Sustainable Global Thematic Portfolio — Class B |
Invesco V.I. American Series I shares |
Invesco V.I. American Series II shares |
||||||||||||||||||||||||||||||||||
| Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
|||||||||||||||||||||||||||||
| $ (15,193 | ) | $ (6,327 | ) | $ (4,462 | ) | $ (6,135 | ) | $ (772 | ) | $ (881 | ) | $ (5,534 | ) | $ (7,399 | ) | $(1,032 | ) | $(3,587 | ) | |||||||||||||||||||
| 147,630 | 195,525 | (13,913 | ) | (160,667 | ) | 266 | 4,845 | 72,329 | 17,067 | 1,991 | 41,289 | |||||||||||||||||||||||||||
| (120,861 | ) | 19,863 | 29,214 | 226,284 | (3,868 | ) | (1,214 | ) | (54,140 | ) | 111,260 | (2,008 | ) | 33,750 | ||||||||||||||||||||||||
| 139,217 | 103,085 | — | — | 6,475 | 187 | 20,972 | — | 6,947 | — | |||||||||||||||||||||||||||||
| 150,793 | 312,146 | 10,839 | 59,482 | 2,101 | 2,937 | 33,627 | 120,928 | 5,898 | 71,452 | |||||||||||||||||||||||||||||
| 19,405 | 50 | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||
| (416,045 | ) | (884,626 | ) | (23,792 | ) | (276,201 | ) | (256 | ) | (13,949 | ) | (56,496 | ) | (35,726 | ) | (1,434 | ) | (388,682 | ) | |||||||||||||||||||
| (3,451 | ) | (3,766 | ) | (2,251 | ) | (2,738 | ) | (23 | ) | (12 | ) | (403 | ) | (471 | ) | (43 | ) | (675 | ) | |||||||||||||||||||
| (170,102 | ) | (37,715 | ) | 12,296 | (3,624 | ) | 477 | 5,493 | (182,280 | ) | (41,528 | ) | (5,337 | ) | (6,491 | ) | ||||||||||||||||||||||
| (570,193 | ) | (926,057 | ) | (13,747 | ) | (282,563 | ) | 198 | (8,468 | ) | (239,179 | ) | (77,725 | ) | (6,814 | ) | (395,848 | ) | ||||||||||||||||||||
| (419,400 | ) | (613,911 | ) | (2,908 | ) | (223,081 | ) | 2,299 | (5,531 | ) | (205,552 | ) | 43,203 | (916 | ) | (324,396 | ) | |||||||||||||||||||||
| 2,149,706 | 2,763,617 | 300,719 | 523,800 | 47,563 | 53,094 | 436,763 | 393,560 | 68,688 | 393,084 | |||||||||||||||||||||||||||||
| $1,730,306 | $2,149,706 | $297,811 | $300,719 | $49,862 | $47,563 | $231,211 | $436,763 | $67,772 | $ 68,688 | |||||||||||||||||||||||||||||
| 9,305 | 2,423 | 1,060 | 691 | 24 | 161 | 820 | 651 | 1 | 7 | |||||||||||||||||||||||||||||
| (25,846 | ) | (28,118 | ) | (1,280 | ) | (6,943 | ) | (18 | ) | (389 | ) | (6,342 | ) | (2,687 | ) | (139 | ) | (9,105 | ) | |||||||||||||||||||
| |
(16,541 |
) |
(25,695 | ) | (220 | ) | (6,252 | ) | 6 | (228 | ) | (5,522 | ) | (2,036 | ) | (138 | ) | (9,098 | ) | |||||||||||||||||||
See accompanying notes to financial statements.
F-31
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) (continued) | ||||||||||||||||||||||||
| Invesco V.I. American Value Fund — Series II shares |
Invesco V.I. Comstock Fund — Series II shares |
Invesco V.I. Core Equity Fund — Series I shares |
||||||||||||||||||||||
| Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $(6,901 | ) | $(4,735 | ) | $(2,390 | ) | $(11,888 | ) | $(100,629 | ) | $(9,706 | ) | ||||||||||||
| Net realized gain (loss) on investments | 1,669 | 26,169 | 34,599 | 135,672 | 81,735 | 34,719 | ||||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | 15,377 | 129,114 | 63,428 | 129,287 | 566,126 | 14,655 | ||||||||||||||||||
| Capital gain distributions | 82,109 | 15,393 | 407,134 | 233,481 | 782,109 | 797,941 | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 92,254 | 165,941 | 502,771 | 486,552 | 1,329,341 | 837,609 | ||||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | 4,160 | 2,080 | 205 | 15,465 | 4,930 | 3,580 | ||||||||||||||||||
| Transfers for contract benefits and terminations | (10,582 | ) | (259,208 | ) | (370,296 | ) | (312,966 | ) | (1,258,573 | ) | (503,560 | ) | ||||||||||||
| Administrative expenses | (226 | ) | (203 | ) | (41,311 | ) | (46,381 | ) | (134,559 | ) | (56,858 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | 14,169 | 36,740 | 515,734 | (1,099,832 | ) | 1,219,380 | 8,912,592 | |||||||||||||||||
| Increase (decrease) in net assets from capital transactions | 7,521 | (220,591 | ) | 104,332 | (1,443,714 | ) | (168,822 | ) | 8,355,754 | |||||||||||||||
| Increase (decrease) in net assets | 99,775 | (54,650 | ) | 607,103 | (957,162 | ) | 1,160,519 | 9,193,363 | ||||||||||||||||
| Net assets at beginning of year | 479,964 | 534,614 | 3,276,704 | 4,233,866 | 9,600,755 | 407,392 | ||||||||||||||||||
| Net assets at end of year | $579,739 | $479,964 | $3,883,807 | $3,276,704 | $10,761,274 | $9,600,755 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | 1,265 | 3,105 | 30,399 | 12,840 | 75,565 | 367,931 | ||||||||||||||||||
| Units redeemed | (726 | ) | (17,155 | ) | (26,371 | ) | (61,797 | ) | (80,800 | ) | (41,531 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | 539 | (14,050 | ) | 4,028 | (48,957 | ) | (5,235 | ) | 326,400 | |||||||||||||||
See accompanying notes to financial statements.
F-32
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) (continued) | ||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Core Plus Bond Fund — |
Invesco V.I. Discovery Large Cap Fund — Series I shares |
Invesco V.I. Discovery Large Cap Fund — Series II Shares |
Invesco V.I. Discovery Mid Cap Growth Fund — |
Invesco V.I. Discovery Mid Cap Growth Fund — |
||||||||||||||||||||||||||||||||||
| Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
Year ended 2025 |
Year ended 2024 |
|||||||||||||||||||||||||||||
| $16,349 | $12,065 | $(2,215 | ) | $(2,038 | ) | $(17,218 | ) | $(16,136 | ) | $(2,532 | ) | $(2,551 | ) | $(2,274 | ) | $(2,211 | ) | |||||||||||||||||||||
| 135 | 146 | 15,347 | 2,049 | 45,733 | 36,417 | 2,903 | (8 | ) | 342 | (646 | ) | |||||||||||||||||||||||||||
| 13,861 | (4,318 | ) | (14,906 | ) | 39,073 | (61,304 | ) | 251,032 | (9,256 | ) | 38,094 | (8,219 | ) | 30,672 | ||||||||||||||||||||||||
| — | — | 19,454 | — | 139,333 | — | 14,681 | — | 14,350 | — | |||||||||||||||||||||||||||||
| 30,345 | 7,893 | 17,680 | 39,084 | 106,544 | 271,313 | 5,796 | 35,535 | 4,199 | 27,815 | |||||||||||||||||||||||||||||
| — | 231 | — | — | 9,172 | — | 5,122 | — | — | — | |||||||||||||||||||||||||||||
| (2,736 | ) | (3,766 | ) | (56,090 | ) | (6,615 | ) | (94,970 | ) | (107,617 | ) | (26,587 | ) | (1,166 | ) | (360 | ) | (21,410 | ) | |||||||||||||||||||
| (56 | ) | (77 | ) | (194 | ) | (150 | ) | (1,764 | ) | (1,804 | ) | (178 | ) | (189 | ) | (12 | ) | (31 | ) | |||||||||||||||||||
| 25,306 | 56,782 | (129 | ) | (185 | ) | 148,280 | (65,679 | ) | (71 | ) | — | 347 | 4,414 | |||||||||||||||||||||||||
| 22,514 | 53,170 | (56,413 | ) | (6,950 | ) | 60,718 | (175,100 | ) | (21,714 | ) | (1,355 | ) | (25 | ) | (17,027 | ) | ||||||||||||||||||||||
| 52,859 | 61,063 | (38,733 | ) | 32,134 | 167,262 | 96,213 | (15,918 | ) | 34,180 | 4,174 | 10,788 | |||||||||||||||||||||||||||
| 532,185 | 471,122 | 154,650 | 122,516 | 991,924 | 895,711 | 192,852 | 158,672 | 143,854 | 133,066 | |||||||||||||||||||||||||||||
| $585,044 | $532,185 | $115,917 | $154,650 | $1,159,186 | $991,924 | $176,934 | $192,852 | $148,028 | $143,854 | |||||||||||||||||||||||||||||
| 2,455 | 5,742 | 2 | — | 5,847 | 1,052 | 109 | — | 7 | 90 | |||||||||||||||||||||||||||||
| (275 | ) | (408 | ) | (842 | ) | (123 | ) | (4,009 | ) | (5,043 | ) | (594 | ) | (34 | ) | (7 | ) | (709 | ) | |||||||||||||||||||
|
|
2,180 |
|
5,334 | (840 | ) | (123 | ) | 1,838 | (3,991 | ) | (485 | ) | (34 | ) | — | (619 | ) | |||||||||||||||||||||
See accompanying notes to financial statements.
F-33
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) (continued) | ||||||||||||||||||||||||
| Invesco V.I. EQV International Equity Fund — Series II shares |
Invesco V.I. Equity and Income Fund — Series I shares |
Invesco V.I. Equity and Income Fund — Series II shares |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Period from April 26 to December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $(14,126 | ) | $18,187 | $240 | $243 | $(6,767 | ) | $(2,275 | ) | |||||||||||||||
| Net realized gain (loss) on investments | 13,813 | 7,978 | 24 | 246 | 23,798 | 19,646 | ||||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | 199,069 | (126,255 | ) | 1,499 | 421 | 77,442 | 54,781 | |||||||||||||||||
| Capital gain distributions | 176,015 | 15,511 | 1,780 | 1,194 | 108,381 | 89,142 | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 374,771 | (84,579 | ) | 3,543 | 2,104 | 202,854 | 161,294 | |||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | 180 | 425 | — | — | — | 9,482 | ||||||||||||||||||
| Transfers for contract benefits and terminations | (324,508 | ) | (210,785 | ) | (72 | ) | (28,011 | ) | (295,539 | ) | (413,578 | ) | ||||||||||||
| Administrative expenses | (38,008 | ) | (20,664 | ) | (6 | ) | (4 | ) | (22,948 | ) | (19,886 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | (84,711 | ) | 2,527,685 | (2 | ) | 57,498 | 957 | 1,734,190 | ||||||||||||||||
| Increase (decrease) in net assets from capital transactions | (447,047 | ) | 2,296,661 | (80 | ) | 29,483 | (317,530 | ) | 1,310,208 | |||||||||||||||
| Increase (decrease) in net assets | (72,276 | ) | 2,212,082 | 3,463 | 31,587 | (114,676 | ) | 1,471,502 | ||||||||||||||||
| Net assets at beginning of year | 2,845,359 | 633,277 | 31,587 | — | 2,160,137 | 688,635 | ||||||||||||||||||
| Net assets at end of year | $2,773,083 | $2,845,359 | $35,050 | $31,587 | $2,045,461 | $2,160,137 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | 19,092 | 190,028 | — | 5,916 | 4,949 | 112,239 | ||||||||||||||||||
| Units redeemed | (50,095 | ) | (21,938 | ) | (7 | ) | (2,946 | ) | (18,950 | ) | (30,987 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | (31,003 | ) | 168,090 | (7 | ) | 2,970 | (14,001 | ) | 81,252 | |||||||||||||||
See accompanying notes to financial statements.
F-34
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) (continued) | ||||||||||||||||||||||||||||||||||||||
| Invesco V.I. Global Fund — Series II shares |
Invesco V.I. Global Real Estate Fund — Series II shares |
Invesco V.I. Global Strategic Income Fund — Series I shares |
Invesco V.I. Main Street Fund® — Series II shares |
Invesco V.I. Main Street Series II shares |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $(49,256 | ) | $(52,419 | ) | $(1,924 | ) | $1,944 | $149 | $52 | $(173,647 | ) | $(110,825 | ) | $(51,651 | ) | $(40,010 | ) | ||||||||||||||||||||||
| 45,534 | 50,549 | 12,145 | 2,728 | (32 | ) | (87 | ) | (346 | ) | (20,301 | ) | 58,331 | 65,615 | |||||||||||||||||||||||||
| (185,815 | ) | 240,372 | (1,705 | ) | 2,285 | 251 | 104 | 1,029,862 | (250,390 | ) | (129,903 | ) | 35,985 | |||||||||||||||||||||||||
| 573,882 | 192,830 | — | — | — | — | 784,663 | 1,303,493 | 364,983 | 140,388 | |||||||||||||||||||||||||||||
| 384,345 | 431,332 | 8,516 | 6,957 | 368 | 69 | 1,640,532 | 921,977 | 241,760 | 201,978 | |||||||||||||||||||||||||||||
| 300 | 14,725 | — | — | — | — | 1,200 | 2,175 | 180 | 375 | |||||||||||||||||||||||||||||
| (448,075 | ) | (283,983 | ) | (15,548 | ) | (13,904 | ) | (174 | ) | (451 | ) | (1,666,182 | ) | (849,776 | ) | (525,841 | ) | (252,504 | ) | |||||||||||||||||||
| (25,883 | ) | (27,525 | ) | (24 | ) | (45 | ) | (2 | ) | (3 | ) | (162,452 | ) | (76,449 | ) | (37,447 | ) | (20,861 | ) | |||||||||||||||||||
| (36,411 | ) | (251,904 | ) | (178,646 | ) | 192,728 | — | — | (16,515 | ) | 11,417,195 | 38,024 | 2,496,922 | |||||||||||||||||||||||||
| (510,069 | ) | (548,687 | ) | (194,218 | ) | 178,779 | (176 | ) | (454 | ) | (1,843,949 | ) | 10,493,145 | (525,084 | ) | 2,223,932 | ||||||||||||||||||||||
| (125,724 | ) | (117,355 | ) | (185,702 | ) | 185,736 | 192 | (385 | ) | (203,417 | ) | 11,415,122 | (283,324 | ) | 2,425,910 | |||||||||||||||||||||||
| 3,171,549 | 3,288,904 | 190,213 | 4,477 | 3,311 | 3,696 | 12,914,967 | 1,499,845 | 3,754,145 | 1,328,235 | |||||||||||||||||||||||||||||
| $3,045,825 | $3,171,549 | $4,511 | $190,213 | $3,503 | $3,311 | $12,711,550 | $12,914,967 | $3,470,821 | $3,754,145 | |||||||||||||||||||||||||||||
| 6,702 | 6,873 | 1,308 | 20,554 | — | — | 41,005 | 406,120 | 16,236 | 92,266 | |||||||||||||||||||||||||||||
| (21,307 | ) | (23,410 | ) | (18,663 | ) | (3,203 | ) | (16 | ) | (44 | ) | (93,997 | ) | (46,809 | ) | (29,375 | ) | (16,416 | ) | |||||||||||||||||||
| |
(14,605 |
) |
(16,537 | ) | (17,355 | ) | 17,351 | (16 | ) | (44 | ) | (52,992 | ) | 359,311 | (13,139 | ) | 75,850 | |||||||||||||||||||||
See accompanying notes to financial statements.
F-35
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Allspring Variable Trust | BNY Mellon | |||||||||||||||||||||||
| Allspring VT Discovery All Cap Growth Fund — Class 2 |
BNY Mellon Investment Portfolios — MidCap Stock Portfolio — Initial Shares |
BNY Mellon Sustainable U.S. Equity Portfolio, Inc. — Initial Shares |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $(3,866 | ) | $(5,374 | ) | $(732 | ) | $(2,581 | ) | $(352 | ) | $(1,489 | ) | ||||||||||||
| Net realized gain (loss) on investments | (1,722 | ) | (17,128 | ) | 7,024 | 3,910 | 119 | 148,137 | ||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | (48,983 | ) | 75,904 | (13,713 | ) | 13,439 | 1,684 | (53,802 | ) | |||||||||||||||
| Capital gain distributions | 85,601 | 11,234 | 17,694 | 185 | 2,088 | 6,063 | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 31,030 | 64,636 | 10,273 | 14,953 | 3,539 | 98,909 | ||||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | — | — | — | — | — | — | ||||||||||||||||||
| Transfers for contract benefits and terminations | (13,914 | ) | (308,764 | ) | (15,254 | ) | (20,698 | ) | — | (114,967 | ) | |||||||||||||
| Administrative expenses | (1,787 | ) | (2,328 | ) | (32 | ) | (59 | ) | (8 | ) | (91 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | 29,917 | (2,151 | ) | (177,717 | ) | 180,106 | 111 | (874,831 | ) | |||||||||||||||
| Increase (decrease) in net assets from capital transactions | 14,216 | (313,243 | ) | (193,003 | ) | 159,349 | 103 | (989,889 | ) | |||||||||||||||
| Increase (decrease) in net assets | 45,246 | (248,607 | ) | (182,730 | ) | 174,302 | 3,642 | (890,980 | ) | |||||||||||||||
| Net assets at beginning of year | 233,395 | 482,002 | 193,390 | 19,088 | 24,982 | 915,962 | ||||||||||||||||||
| Net assets at end of year | $278,641 | $233,395 | $10,660 | $193,390 | $28,624 | $24,982 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | 861 | 482 | 638 | 7,617 | 3 | 52 | ||||||||||||||||||
| Units redeemed | (634 | ) | (7,008 | ) | (7,073 | ) | (1,417 | ) | — | (30,385 | ) | |||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | 227 | (6,526 | ) | (6,435 | ) | 6,200 | 3 | (30,333 | ) | |||||||||||||||
See accompanying notes to financial statements.
F-36
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| BNY Mellon (continued) | BlackRock Variable Series Funds, Inc. | |||||||||||||||||||||||||||||||||||||
| BNY Mellon Variable Investment Fund
— |
BlackRock Advantage SMID Cap V.I. Fund — Class III Shares |
BlackRock Basic Value V.I. Fund — Class III Shares |
BlackRock Global Allocation V.I. Fund — Class III Shares |
BlackRock Large Cap Focus Growth V.I. Fund — Class III Shares |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $19,297 | $21,265 | $(134 | ) | $(336 | ) | $530 | $(21,962 | ) | $536,559 | $(126,071 | ) | $(2,495 | ) | $(2,764 | ) | |||||||||||||||||||||||
| — | — | (15,038 | ) | (45,986 | ) | 7,622 | 8,317 | (47,119 | ) | (209,394 | ) | 12,794 | 11,510 | |||||||||||||||||||||||||
| (1 | ) | — | 9,377 | 55,491 | 34,706 | 227,233 | 1,180,551 | 161,919 | (21,431 | ) | 21,923 | |||||||||||||||||||||||||||
| — | — | 9,955 | — | 63,446 | 41,146 | 2,472,207 | 2,089,024 | 26,390 | 13,746 | |||||||||||||||||||||||||||||
| 19,296 | 21,265 | 4,160 | 9,169 | 106,304 | 254,734 | 4,142,198 | 1,915,478 | 15,258 | 44,415 | |||||||||||||||||||||||||||||
| — | — | — | — | 86,641 | 525 | — | 28,447 | — | — | |||||||||||||||||||||||||||||
| (141,766 | ) | (532,390 | ) | (39,275 | ) | (103,179 | ) | (168,974 | ) | (134,969 | ) | (3,767,737 | ) | (4,030,070 | ) | (828 | ) | (700 | ) | |||||||||||||||||||
| (698 | ) | (580 | ) | (325 | ) | (345 | ) | (6,131 | ) | (25,746 | ) | (447,746 | ) | (472,075 | ) | (78 | ) | (66 | ) | |||||||||||||||||||
| 116,117 | 917,975 | 719 | (453 | ) | (25,884 | ) | (2,356,173 | ) | (829,424 | ) | (315,981 | ) | (32,856 | ) | (22,572 | ) | ||||||||||||||||||||||
| (26,347 | ) | 385,005 | (38,881 | ) | (103,977 | ) | (114,348 | ) | (2,516,363 | ) | (5,044,907 | ) | (4,789,679 | ) | (33,762 | ) | (23,338 | ) | ||||||||||||||||||||
| (7,051 | ) | 406,270 | (34,721 | ) | (94,808 | ) | (8,044 | ) | (2,261,629 | ) | (902,709 | ) | (2,874,201 | ) | (18,504 | ) | 21,077 | |||||||||||||||||||||
| 807,474 | 401,204 | 109,678 | 204,486 | 537,028 | 2,798,657 | 26,255,174 | 29,129,375 | 179,712 | 158,635 | |||||||||||||||||||||||||||||
| $800,423 | $807,474 | $74,957 | $109,678 | $528,984 | $537,028 | $25,352,465 | $26,255,174 | $161,208 | $179,712 | |||||||||||||||||||||||||||||
| 30,543 | 127,470 | 122 | 94 | 5,750 | 11,001 | 25,517 | 53,887 | 13 | 93 | |||||||||||||||||||||||||||||
| (33,298 | ) | (86,755 | ) | (1,225 | ) | (3,206 | ) | (10,106 | ) | (118,899 | ) | (299,221 | ) | (333,261 | ) | (536 | ) | (498 | ) | |||||||||||||||||||
| |
(2,755 |
) |
40,715 | (1,103 | ) | (3,112 | ) | (4,356 | ) | (107,898 | ) | (273,704 | ) | (279,374 | ) | (523 | ) | (405 | ) | |||||||||||||||||||
See accompanying notes to financial statements.
F-37
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Columbia Funds Variable Series Trust II | Deutsche DWS Variable Series II |
|||||||||||||||||||||||
| CTIVP® — Principal Large Cap Growth Fund — Class 1 |
Columbia Variable Portfolio — Overseas Core Fund — Class 2 |
DWS Small Mid Cap Value VIP — Class B Shares |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $(10,465 | ) | $(125,879 | ) | $2,030 | $96,451 | $(2,235 | ) | $(559 | ) | ||||||||||||||
| Net realized gain (loss) on investments | 152,215 | 3,654,896 | 49,397 | 40,823 | 1,584 | 129 | ||||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | (56,328 | ) | (2,175,251 | ) | 193,486 | (26,205 | ) | 21,987 | (168 | ) | ||||||||||||||
| Capital gain distributions | — | — | — | — | 7,843 | 3,583 | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 85,422 | 1,353,766 | 244,913 | 111,069 | 29,179 | 2,985 | ||||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | — | 9,942 | 64,980 | 525 | — | — | ||||||||||||||||||
| Transfers for contract benefits and terminations | (228,537 | ) | (572,250 | ) | (192,239 | ) | (120,365 | ) | (9,112 | ) | (17,256 | ) | ||||||||||||
| Administrative expenses | (3,211 | ) | (103,544 | ) | (1,585 | ) | (20,888 | ) | (58 | ) | (25 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | (37,481 | ) | (12,404,597 | ) | (43,290 | ) | (2,307,082 | ) | 167,616 | 536 | ||||||||||||||
| Increase (decrease) in net assets from capital transactions | (269,229 | ) | (13,070,449 | ) | (172,134 | ) | (2,447,810 | ) | 158,446 | (16,745 | ) | |||||||||||||
| Increase (decrease) in net assets | (183,807 | ) | (11,716,683 | ) | 72,779 | (2,336,741 | ) | 187,625 | (13,760 | ) | ||||||||||||||
| Net assets at beginning of year | 719,116 | 12,435,799 | 751,043 | 3,087,784 | 68,294 | 82,054 | ||||||||||||||||||
| Net assets at end of year | $535,309 | $719,116 | $823,822 | $751,043 | $255,919 | $68,294 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | 707 | 15,330 | 8,739 | 17,130 | 7,971 | 20 | ||||||||||||||||||
| Units redeemed | (8,731 | ) | (502,074 | ) | (19,235 | ) | (193,536 | ) | (1,073 | ) | (405 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | (8,024 | ) | (486,744 | ) | (10,496 | ) | (176,406 | ) | 6,898 | (385 | ) | |||||||||||||
See accompanying notes to financial statements.
F-38
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Eaton Vance Variable Trust |
Federated Hermes Insurance Series | |||||||||||||||||||||||||||||||||||||
| VT Floating-Rate Income Fund |
Federated Hermes High Income Bond Primary Shares |
Federated Hermes High Income Bond Service Shares |
Federated Hermes Kaufmann Fund II — Service Shares |
Federated Hermes Fund II — Primary Shares |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $146,877 | $193,341 | $9 | $9 | $24,654 | $21,457 | $(45,875 | ) | $(22,920 | ) | $415 | $199 | |||||||||||||||||||||||||||
| (30,302 | ) | (10,931 | ) | (5 | ) | (5 | ) | (17,781 | ) | (21,845 | ) | 3,338 | 28,117 | 5 | (29 | ) | ||||||||||||||||||||||
| (55,419 | ) | (3,647 | ) | 7 | 6 | 25,291 | 23,775 | (36,260 | ) | 189,978 | 721 | 3,350 | ||||||||||||||||||||||||||
| — | — | — | — | — | — | 334,186 | 17,088 | 504 | — | |||||||||||||||||||||||||||||
| 61,156 | 178,763 | 11 | 10 | 32,164 | 23,387 | 255,389 | 212,263 | 1,645 | 3,520 | |||||||||||||||||||||||||||||
| 67,243 | 840 | — | — | 624 | 30,652 | 180 | 375 | — | — | |||||||||||||||||||||||||||||
| (461,886 | ) | (302,565 | ) | — | (6 | ) | (90,467 | ) | (157,628 | ) | (406,281 | ) | (223,879 | ) | (215 | ) | (177 | ) | ||||||||||||||||||||
| (33,735 | ) | (36,153 | ) | (1 | ) | (1 | ) | (1,449 | ) | (1,559 | ) | (33,064 | ) | (16,270 | ) | (37 | ) | (35 | ) | |||||||||||||||||||
| 109,634 | 180,403 | (29 | ) | (25 | ) | (20,136 | ) | 8,660 | (9,816 | ) | 2,239,258 | 508 | 564 | |||||||||||||||||||||||||
| (318,744 | ) | (157,475 | ) | (30 | ) | (32 | ) | (111,428 | ) | (119,875 | ) | (448,981 | ) | 1,999,484 | 256 | 352 | ||||||||||||||||||||||
| (257,588 | ) | 21,288 | (19 | ) | (22 | ) | (79,264 | ) | (96,488 | ) | (193,592 | ) | 2,211,747 | 1,901 | 3,872 | |||||||||||||||||||||||
| 3,128,829 | 3,107,541 | 194 | 216 | 563,404 | 659,892 | 2,833,451 | 621,704 | 29,041 | 25,169 | |||||||||||||||||||||||||||||
| $2,871,241 | $3,128,829 | $175 | $194 | $484,140 | $563,404 | $2,639,859 | $2,833,451 | $30,942 | $29,041 | |||||||||||||||||||||||||||||
| 37,375 | 30,588 | — | — | 1,335 | 1,741 | 15,923 | 106,926 | 23 | 27 | |||||||||||||||||||||||||||||
| (58,619 | ) | (41,369 | ) | (1 | ) | (1 | ) | (5,793 | ) | (6,901 | ) | (30,949 | ) | (15,535 | ) | (11 | ) | (10 | ) | |||||||||||||||||||
| |
(21,244 |
) |
(10,781 | ) | (1 | ) | (1 | ) | (4,458 | ) | (5,160 | ) | (15,026 | ) | 91,391 | 12 | 17 | |||||||||||||||||||||
See accompanying notes to financial statements.
F-39
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Fidelity® Variable Insurance Products Fund | ||||||||||||||||||||||||
| VIP Asset Manager 50% Portfolio — Initial Class |
VIP Asset Manager 50% Portfolio — Service Class 2 |
VIP Balanced Portfolio — Service Class 2 |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $1,366 | $1,128 | $359 | $305 | $(25,536 | ) | $(18,561 | ) | ||||||||||||||||
| Net realized gain (loss) on investments | 214 | 534 | 344 | 261 | 455,626 | 281,711 | ||||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | 7,986 | 5,046 | 2,577 | 1,901 | (247,769 | ) | 197,025 | |||||||||||||||||
| Capital gain distributions | 5,200 | 711 | 2,013 | 278 | 238,749 | 166,120 | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 14,766 | 7,419 | 5,293 | 2,745 | 421,070 | 626,295 | ||||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | — | — | — | — | — | 17,384 | ||||||||||||||||||
| Transfers for contract benefits and terminations | (605 | ) | (6,436 | ) | (2,602 | ) | (2,471 | ) | (721,771 | ) | (654,147 | ) | ||||||||||||
| Administrative expenses | (11 | ) | (18 | ) | (103 | ) | (100 | ) | (38,509 | ) | (48,183 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | (2 | ) | 15 | (27 | ) | 9 | (1,170,806 | ) | (425,657 | ) | ||||||||||||||
| Increase (decrease) in net assets from capital transactions | (618 | ) | (6,439 | ) | (2,732 | ) | (2,562 | ) | (1,931,086 | ) | (1,110,603 | ) | ||||||||||||
| Increase (decrease) in net assets | 14,148 | 980 | 2,561 | 183 | (1,510,016 | ) | (484,308 | ) | ||||||||||||||||
| Net assets at beginning of year | 110,734 | 109,754 | 41,802 | 41,619 | 4,619,316 | 5,103,624 | ||||||||||||||||||
| Net assets at end of year | $124,882 | $110,734 | $44,363 | $41,802 | $3,109,300 | $4,619,316 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | — | — | 6 | 8 | 5,068 | 5,116 | ||||||||||||||||||
| Units redeemed | (22 | ) | (252 | ) | (125 | ) | (128 | ) | (76,531 | ) | (50,133 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | (22 | ) | (252 | ) | (119 | ) | (120 | ) | (71,463 | ) | (45,017 | ) | ||||||||||||
See accompanying notes to financial statements.
F-40
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Fidelity® Variable Insurance Products Fund (continued) | ||||||||||||||||||||||||||||||||||||||
| VIP Contrafund® Portfolio — Initial Class |
VIP Contrafund® Portfolio — Service Class 2 |
VIP Dynamic Capital Portfolio — Service Class 2 |
VIP Equity-Income PortfolioSM — Initial Class |
VIP Equity-Income PortfolioSM — Service Class 2 |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $(12,427 | ) | $(10,520 | ) | $(343,363 | ) | $(348,256 | ) | $(192 | ) | $(457 | ) | $1,163 | $654 | $(290 | ) | $(832 | ) | |||||||||||||||||||||
| 12,055 | 20,428 | 1,258,561 | 1,810,815 | 225 | 9,118 | 977 | 9,601 | 97,536 | 64,234 | |||||||||||||||||||||||||||||
| 19,434 | 113,451 | (594,230 | ) | 1,844,375 | (456 | ) | (3,273 | ) | 25,412 | 9,098 | 140,420 | 94,778 | ||||||||||||||||||||||||||
| 160,714 | 103,324 | 3,383,651 | 2,506,474 | 2,968 | 1,490 | 14,996 | 14,283 | 131,755 | 141,150 | |||||||||||||||||||||||||||||
| 179,776 | 226,683 | 3,704,619 | 5,813,408 | 2,545 | 6,878 | 42,548 | 33,636 | 369,421 | 299,330 | |||||||||||||||||||||||||||||
| — | 15,368 | 900 | 78,065 | — | — | — | — | 12,229 | — | |||||||||||||||||||||||||||||
| (17,901 | ) | (32,660 | ) | (2,525,013 | ) | (2,284,854 | ) | — | (24,789 | ) | (1,150 | ) | (54,346 | ) | (332,145 | ) | (220,373 | ) | ||||||||||||||||||||
| (508 | ) | (507 | ) | (215,493 | ) | (230,197 | ) | (85 | ) | (85 | ) | (34 | ) | (39 | ) | (15,680 | ) | (15,740 | ) | |||||||||||||||||||
| — | (3,008 | ) | (1,210,454 | ) | (2,114,777 | ) | (117 | ) | (615 | ) | — | (197 | ) | (103,605 | ) | (65,597 | ) | |||||||||||||||||||||
| (18,409 | ) | (20,807 | ) | (3,950,060 | ) | (4,551,763 | ) | (202 | ) | (25,489 | ) | (1,184 | ) | (54,582 | ) | (439,201 | ) | (301,710 | ) | |||||||||||||||||||
| 161,367 | 205,876 | (245,441 | ) | 1,261,645 | 2,343 | (18,611 | ) | 41,364 | (20,946 | ) | (69,780 | ) | (2,380 | ) | ||||||||||||||||||||||||
| 922,102 | 716,226 | 21,072,917 | 19,811,272 | 15,145 | 33,756 | 245,791 | 266,737 | 2,367,309 | 2,369,689 | |||||||||||||||||||||||||||||
| $1,083,469 | $922,102 | $20,827,476 | $21,072,917 | $17,488 | $15,145 | $287,155 | $245,791 | $2,297,529 | $2,367,309 | |||||||||||||||||||||||||||||
| — | 195 | 35,685 | 54,144 | 12 | 3 | — | — | 1,911 | 3,382 | |||||||||||||||||||||||||||||
| (204 | ) | (458 | ) | (116,283 | ) | (166,851 | ) | (15 | ) | (381 | ) | (27 | ) | (1,402 | ) | (15,716 | ) | (14,243 | ) | |||||||||||||||||||
| |
(204 |
) |
(263 | ) | (80,598 | ) | (112,707 | ) | (3 | ) | (378 | ) | (27 | ) | (1,402 | ) | (13,805 | ) | (10,861 | ) | ||||||||||||||||||
See accompanying notes to financial statements.
F-41
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Fidelity® Variable Insurance Products Fund (continued) | ||||||||||||||||||||||||
| VIP Growth & Income Portfolio — Initial Class |
VIP Growth & Income Portfolio — Service Class 2 |
VIP Growth Opportunities Portfolio — Initial Class |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $460 | $102 | $(1,358 | ) | $(2,111 | ) | $(1,296 | ) | $(1,141 | ) | ||||||||||||||
| Net realized gain (loss) on investments | 31,316 | 7,879 | 41,319 | 27,741 | 1,728 | 4,369 | ||||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | (5,831 | ) | 23,586 | 10,849 | 45,857 | 15,512 | 21,615 | |||||||||||||||||
| Capital gain distributions | 27,696 | 17,925 | 62,972 | 42,208 | 1,458 | — | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 53,641 | 49,492 | 113,782 | 113,695 | 17,402 | 24,843 | ||||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | — | — | — | — | — | — | ||||||||||||||||||
| Transfers for contract benefits and terminations | (75,587 | ) | (15,472 | ) | (69,263 | ) | (35,743 | ) | (1,584 | ) | (7,164 | ) | ||||||||||||
| Administrative expenses | (186 | ) | (130 | ) | (3,580 | ) | (3,621 | ) | (68 | ) | (70 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | (13 | ) | (48 | ) | 11,218 | (19,504 | ) | — | — | |||||||||||||||
| Increase (decrease) in net assets from capital transactions | (75,786 | ) | (15,650 | ) | (61,625 | ) | (58,868 | ) | (1,652 | ) | (7,234 | ) | ||||||||||||
| Increase (decrease) in net assets | (22,145 | ) | 33,842 | 52,157 | 54,827 | 15,750 | 17,609 | |||||||||||||||||
| Net assets at beginning of year | 280,374 | 246,532 | 638,172 | 583,345 | 87,484 | 69,875 | ||||||||||||||||||
| Net assets at end of year | $258,229 | $280,374 | $690,329 | $638,172 | $103,234 | $87,484 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | — | — | 880 | 488 | — | — | ||||||||||||||||||
| Units redeemed | (1,349 | ) | (347 | ) | (2,525 | ) | (2,290 | ) | (23 | ) | (116 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | (1,349 | ) | (347 | ) | (1,645 | ) | (1,802 | ) | (23 | ) | (116 | ) | ||||||||||||
See accompanying notes to financial statements.
F-42
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Fidelity® Variable Insurance Products Fund (continued) | ||||||||||||||||||||||||||||||||||||||
| VIP Growth Opportunities Service Class 2 |
VIP Growth Portfolio — Initial Class |
VIP Growth Portfolio — Service Class 2 |
VIP Investment Grade Bond Portfolio — Service Class 2 |
VIP Mid Cap Portfolio — Service Class 2 |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $(5,182 | ) | $(4,446 | ) | $(6,882 | ) | $(8,001 | ) | $(16,750 | ) | $(16,332 | ) | $115,420 | $140,533 | $(62,351 | ) | $(51,972 | ) | |||||||||||||||||||||
| 21,430 | 16,912 | 6,288 | 10,565 | 9,310 | 47,359 | (69,080 | ) | (57,305 | ) | (155,416 | ) | 147,949 | ||||||||||||||||||||||||||
| 37,561 | 75,536 | (2,660 | ) | 7,846 | (8,745 | ) | (13,425 | ) | 303,831 | (99,729 | ) | 100,110 | (234,715 | ) | ||||||||||||||||||||||||
| 4,368 | — | 81,761 | 125,544 | 153,027 | 232,786 | — | — | 471,485 | 680,615 | |||||||||||||||||||||||||||||
| 58,177 | 88,002 | 78,507 | 135,954 | 136,842 | 250,388 | 350,171 | (16,501 | ) | 353,828 | 541,877 | ||||||||||||||||||||||||||||
| — | — | 5,516 | 2,082 | — | 1,000 | 660 | 965 | 9,901 | 8,211 | |||||||||||||||||||||||||||||
| (24,926 | ) | (35,729 | ) | (13,122 | ) | (14,824 | ) | (14,309 | ) | (86,425 | ) | (885,410 | ) | (567,493 | ) | (559,193 | ) | (621,588 | ) | |||||||||||||||||||
| (3,667 | ) | (3,728 | ) | (145 | ) | (157 | ) | (769 | ) | (799 | ) | (102,586 | ) | (70,720 | ) | (28,395 | ) | (25,175 | ) | |||||||||||||||||||
| 11,778 | (6,159 | ) | (60 | ) | (2,294 | ) | (1,828 | ) | (8,580 | ) | 189,927 | 5,183,592 | (2,178,047 | ) | 2,226,903 | |||||||||||||||||||||||
| (16,815 | ) | (45,616 | ) | (7,811 | ) | (15,193 | ) | (16,906 | ) | (94,804 | ) | (797,409 | ) | 4,546,344 | (2,755,734 | ) | 1,588,351 | |||||||||||||||||||||
| 41,362 | 42,386 | 70,696 | 120,761 | 119,936 | 155,584 | (447,238 | ) | 4,529,843 | (2,401,906 | ) | 2,130,228 | |||||||||||||||||||||||||||
| 300,984 | 258,598 | 600,014 | 479,253 | 1,072,472 | 916,888 | 7,189,994 | 2,660,151 | 5,483,586 | 3,353,358 | |||||||||||||||||||||||||||||
| $342,346 | $300,984 | $670,710 | $600,014 | $1,192,408 | $1,072,472 | $6,742,756 | $7,189,994 | $3,081,680 | $5,483,586 | |||||||||||||||||||||||||||||
| 1,090 | 1,864 | 66 | 33 | 68 | 197 | 93,960 | 449,605 | 15,047 | 102,109 | |||||||||||||||||||||||||||||
| (1,425 | ) | (1,515 | ) | (175 | ) | (252 | ) | (340 | ) | (1,874 | ) | (155,344 | ) | (79,535 | ) | (103,476 | ) | (30,749 | ) | |||||||||||||||||||
| |
(335 |
) |
349 | (109 | ) | (219 | ) | (272 | ) | (1,677 | ) | (61,384 | ) | 370,070 | (88,429 | ) | 71,360 | |||||||||||||||||||||
See accompanying notes to financial statements.
F-43
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Fidelity® Variable Insurance Products Fund (continued) | Franklin Templeton Variable Insurance Products Trust |
|||||||||||||||||||||||
| VIP Overseas Portfolio — Initial Class |
VIP Value Strategies Portfolio — Service Class 2 |
Franklin Allocation VIP Fund — Class 2 Shares |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $252 | $258 | $(382 | ) | $(520 | ) | $9,805 | $14,611 | ||||||||||||||||
| Net realized gain (loss) on investments | 2,354 | 2,273 | 873 | 3,130 | (125,103 | ) | (167,730 | ) | ||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | 7,868 | (3,687 | ) | 919 | (6,431 | ) | 459,877 | 584,201 | ||||||||||||||||
| Capital gain distributions | 11,949 | 5,740 | 1,810 | 8,562 | 240,435 | — | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 22,423 | 4,584 | 3,220 | 4,741 | 585,014 | 431,082 | ||||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | — | — | — | 7,212 | — | 50 | ||||||||||||||||||
| Transfers for contract benefits and terminations | (5,826 | ) | (5,729 | ) | (2,815 | ) | (12,439 | ) | (519,226 | ) | (655,252 | ) | ||||||||||||
| Administrative expenses | (35 | ) | (35 | ) | (267 | ) | (309 | ) | (75,834 | ) | (78,962 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | (142 | ) | (134 | ) | (15,286 | ) | 39 | (417,618 | ) | (92,756 | ) | |||||||||||||
| Increase (decrease) in net assets from capital transactions | (6,003 | ) | (5,898 | ) | (18,368 | ) | (5,497 | ) | (1,012,678 | ) | (826,920 | ) | ||||||||||||
| Increase (decrease) in net assets | 16,420 | (1,314 | ) | (15,148 | ) | (756 | ) | (427,664 | ) | (395,838 | ) | |||||||||||||
| Net assets at beginning of year | 121,747 | 123,061 | 61,624 | 62,380 | 5,804,907 | 6,200,745 | ||||||||||||||||||
| Net assets at end of year | $138,167 | $121,747 | $46,476 | $61,624 | $5,377,243 | $5,804,907 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | — | — | 68 | 240 | 8,485 | 6,254 | ||||||||||||||||||
| Units redeemed | (233 | ) | (249 | ) | (519 | ) | (388 | ) | (66,830 | ) | (58,790 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | (233 | ) | (249 | ) | (451 | ) | (148 | ) | (58,345 | ) | (52,536 | ) | ||||||||||||
See accompanying notes to financial statements.
F-44
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Franklin Templeton Variable Insurance Products Trust (continued) |
||||||||||||||||||||||||||||||||||||||
| Franklin Income VIP Fund — Class 2 Shares |
Franklin Large Cap Growth VIP Fund — Class 2 Shares |
Franklin Mutual Shares VIP Fund — Class 2 Shares |
Templeton Foreign VIP Fund — Class 1 Shares |
Templeton Foreign VIP Fund — Class 2 Shares |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $574,032 | $677,329 | $(3,100 | ) | $(3,053 | ) | $10,633 | $7,759 | $— | $— | $1,417 | $1,796 | |||||||||||||||||||||||||||
| (66,351 | ) | (218,802 | ) | 230 | 5,537 | (18,023 | ) | (63,453 | ) | — | — | 7,490 | 1,455 | |||||||||||||||||||||||||
| 1,102,158 | 512,669 | (25,604 | ) | 20,194 | (4,983 | ) | 293,546 | — | — | 22,789 | (6,597 | ) | ||||||||||||||||||||||||||
| 196,979 | 90,183 | 39,593 | 20,889 | 292,971 | 63,558 | — | — | 11,851 | — | |||||||||||||||||||||||||||||
| 1,806,818 | 1,061,379 | 11,119 | 43,567 | 280,598 | 301,410 | — | — | 43,547 | (3,346 | ) | ||||||||||||||||||||||||||||
| 300 | 300 | — | — | 32,521 | 900 | — | — | 12,936 | — | |||||||||||||||||||||||||||||
| (3,536,129 | ) | (3,056,367 | ) | (3,989 | ) | (35,304 | ) | (398,075 | ) | (336,938 | ) | — | — | (26,259 | ) | (38,615 | ) | |||||||||||||||||||||
| (172,261 | ) | (192,227 | ) | (119 | ) | (120 | ) | (33,821 | ) | (37,020 | ) | — | — | (150 | ) | (148 | ) | |||||||||||||||||||||
| (197,615 | ) | (688,147 | ) | (1 | ) | 1 | (10,840 | ) | (445,948 | ) | — | — | (345 | ) | (1,480 | ) | ||||||||||||||||||||||
| (3,905,705 | ) | (3,936,441 | ) | (4,109 | ) | (35,423 | ) | (410,215 | ) | (819,006 | ) | — | — | (13,818 | ) | (40,243 | ) | |||||||||||||||||||||
| (2,098,887 | ) | (2,875,062 | ) | 7,010 | 8,144 | (129,617 | ) | (517,596 | ) | — | — | 29,729 | (43,589 | ) | ||||||||||||||||||||||||
| 19,657,653 | 22,532,715 | 203,825 | 195,681 | 3,018,387 | 3,535,983 | — | — | 166,781 | 210,370 | |||||||||||||||||||||||||||||
| $17,558,766 | $19,657,653 | $210,835 | $203,825 | $2,888,770 | $3,018,387 | $— | $— | $196,510 | $166,781 | |||||||||||||||||||||||||||||
| 58,132 | 63,240 | — | — | 32,033 | 20,465 | — | — | 8,450 | 80 | |||||||||||||||||||||||||||||
| (272,759 | ) | (279,964 | ) | (72 | ) | (699 | ) | (51,986 | ) | (56,940 | ) | — | — | (9,028 | ) | (1,896 | ) | |||||||||||||||||||||
| |
(214,627 |
) |
(216,724 | ) | (72 | ) | (699 | ) | (19,953 | ) | (36,475 | ) | — | — | (578 | ) | (1,816 | ) | ||||||||||||||||||||
See accompanying notes to financial statements.
F-45
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Franklin Templeton Variable Insurance Products Trust (continued) |
Goldman Sachs Variable Insurance Trust |
|||||||||||||||||||||||
| Templeton Global Bond VIP Fund — Class 1 Shares |
Templeton Growth VIP Fund — Class 2 Shares |
Goldman Sachs Government Money Market Fund — Service Shares |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $(28 | ) | $(349 | ) | $(4,465 | ) | $(3,370 | ) | $129,996 | $193,328 | ||||||||||||||
| Net realized gain (loss) on investments | (6 | ) | (7,084 | ) | 13,885 | 6,721 | — | — | ||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | 301 | 5,200 | 54,368 | 6,844 | — | — | ||||||||||||||||||
| Capital gain distributions | — | — | 39,005 | 1,730 | — | — | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 267 | (2,233 | ) | 102,793 | 11,925 | 129,996 | 193,328 | |||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | — | — | — | 50 | 463,217 | 86,955 | ||||||||||||||||||
| Transfers for contract benefits and terminations | — | (26,558 | ) | (64,156 | ) | (51,391 | ) | (6,309,203 | ) | (5,598,781 | ) | |||||||||||||
| Administrative expenses | (2 | ) | (3 | ) | (2,934 | ) | (3,432 | ) | (22,896 | ) | (26,543 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | (1 | ) | — | (48,330 | ) | 112,150 | 5,168,208 | 5,273,338 | ||||||||||||||||
| Increase (decrease) in net assets from capital transactions | (3 | ) | (26,561 | ) | (115,420 | ) | 57,377 | (700,674 | ) | (265,031 | ) | |||||||||||||
| Increase (decrease) in net assets | 264 | (28,794 | ) | (12,627 | ) | 69,302 | (570,678 | ) | (71,703 | ) | ||||||||||||||
| Net assets at beginning of year | 1,843 | 30,637 | 527,499 | 458,197 | 5,690,571 | 5,762,274 | ||||||||||||||||||
| Net assets at end of year | $2,107 | $1,843 | $514,872 | $527,499 | $5,119,893 | $5,690,571 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | — | — | 1,330 | 16,473 | 679,487 | 752,373 | ||||||||||||||||||
| Units redeemed | — | (1,850 | ) | (9,101 | ) | (11,341 | ) | (751,977 | ) | (781,438 | ) | |||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | — | (1,850 | ) | (7,771 | ) | 5,132 | (72,490 | ) | (29,065 | ) | ||||||||||||||
See accompanying notes to financial statements.
F-46
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Goldman Sachs Variable Insurance Trust (continued) |
Janus Aspen Series | |||||||||||||||||||||||||||||||||||||
| Goldman Sachs Large Cap Value Fund — Institutional Shares |
Goldman Sachs Mid Cap Value Fund — Institutional Shares |
Janus Henderson Balanced
Portfolio — |
Janus Henderson Balanced
Portfolio — |
Janus Henderson Enterprise
Portfolio — |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $(557 | ) | $(16 | ) | $(785 | ) | $(1,343 | ) | $3,987 | $3,844 | $(4,212 | ) | $(3,350 | ) | $(8,724 | ) | $(5,226 | ) | |||||||||||||||||||||
| (1,458 | ) | (469 | ) | 4,919 | 1,542 | 12,689 | 12,033 | 501,524 | 452,137 | 8,913 | 7,671 | |||||||||||||||||||||||||||
| (6,666 | ) | 3,971 | (12,772 | ) | 12,082 | 42,862 | 59,011 | 106,871 | 409,700 | (11,275 | ) | 66,593 | ||||||||||||||||||||||||||
| 24,798 | 21,827 | 30,694 | 16,687 | 20,570 | — | 209,872 | — | 59,391 | 30,358 | |||||||||||||||||||||||||||||
| 16,117 | 25,313 | 22,056 | 28,968 | 80,108 | 74,888 | 814,055 | 858,487 | 48,305 | 99,396 | |||||||||||||||||||||||||||||
| — | — | 300 | 300 | 3,940 | 1,504 | 1,840 | 15,425 | 4,334 | 144 | |||||||||||||||||||||||||||||
| (12,229 | ) | (9,235 | ) | (73,415 | ) | (9,150 | ) | (20,974 | ) | (20,889 | ) | (897,635 | ) | (687,777 | ) | (22,496 | ) | (17,419 | ) | |||||||||||||||||||
| (4 | ) | (4 | ) | (203 | ) | (166 | ) | (611 | ) | (600 | ) | (73,863 | ) | (75,831 | ) | (338 | ) | (387 | ) | |||||||||||||||||||
| (3 | ) | (1 | ) | 496 | (434 | ) | (17 | ) | (1,577 | ) | (65,565 | ) | (378,986 | ) | (53 | ) | (39 | ) | ||||||||||||||||||||
| (12,236 | ) | (9,240 | ) | (72,822 | ) | (9,450 | ) | (17,662 | ) | (21,562 | ) | (1,035,223 | ) | (1,127,169 | ) | (18,553 | ) | (17,701 | ) | |||||||||||||||||||
| 3,881 | 16,073 | (50,766 | ) | 19,518 | 62,446 | 53,326 | (221,168 | ) | (268,682 | ) | 29,752 | 81,695 | ||||||||||||||||||||||||||
| 182,601 | 166,528 | 291,677 | 272,159 | 604,308 | 550,982 | 6,719,927 | 6,988,609 | 798,569 | 716,874 | |||||||||||||||||||||||||||||
| $186,482 | $182,601 | $240,911 | $291,677 | $666,754 | $604,308 | $6,498,759 | $6,719,927 | $828,321 | $798,569 | |||||||||||||||||||||||||||||
| — | — | 29 | 23 | 63 | 30 | 6,373 | 5,846 | 53 | 2 | |||||||||||||||||||||||||||||
| (380 | ) | (305 | ) | (1,080 | ) | (154 | ) | (365 | ) | (438 | ) | (38,033 | ) | (47,866 | ) | (290 | ) | (241 | ) | |||||||||||||||||||
| |
(380 |
) |
(305 | ) | (1,051 | ) | (131 | ) | (302 | ) | (408 | ) | (31,660 | ) | (42,020 | ) | (237 | ) | (239 | ) | ||||||||||||||||||
See accompanying notes to financial statements.
F-47
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Janus Aspen Series (continued) | ||||||||||||||||||||||||
| Janus Henderson Enterprise Portfolio — Service Shares |
Janus Henderson Flexible Bond Portfolio — Institutional Shares |
Janus Henderson Forty Portfolio — Institutional Shares |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $(1,562 | ) | $(953 | ) | $8 | $7 | $(11,335 | ) | $(12,039 | ) | ||||||||||||||
| Net realized gain (loss) on investments | 272 | 269 | — | — | 16,028 | 13,265 | ||||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | (1,936 | ) | 9,659 | 4 | (6 | ) | 33,339 | 157,663 | ||||||||||||||||
| Capital gain distributions | 9,992 | 4,891 | — | — | 120,130 | 51,966 | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 6,766 | 13,866 | 12 | 1 | 158,162 | 210,855 | ||||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | — | — | — | — | 7,486 | — | ||||||||||||||||||
| Transfers for contract benefits and terminations | — | — | — | — | (34,524 | ) | (28,961 | ) | ||||||||||||||||
| Administrative expenses | — | — | (3 | ) | (3 | ) | (365 | ) | (378 | ) | ||||||||||||||
| Transfers between subaccounts (including fixed account), net | 4,059 | 1,569 | — | — | (181 | ) | (214 | ) | ||||||||||||||||
| Increase (decrease) in net assets from capital transactions | 4,059 | 1,569 | (3 | ) | (3 | ) | (27,584 | ) | (29,553 | ) | ||||||||||||||
| Increase (decrease) in net assets | 10,825 | 15,435 | 9 | (2 | ) | 130,578 | 181,302 | |||||||||||||||||
| Net assets at beginning of year | 117,346 | 101,911 | 219 | 221 | 981,022 | 799,720 | ||||||||||||||||||
| Net assets at end of year | $128,171 | $117,346 | $228 | $219 | $1,111,600 | $981,022 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | 68 | 28 | — | — | 59 | — | ||||||||||||||||||
| Units redeemed | — | — | — | — | (310 | ) | (299 | ) | ||||||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | 68 | 28 | — | — | (251 | ) | (299 | ) | ||||||||||||||||
See accompanying notes to financial statements.
F-48
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Janus Aspen Series (continued) | ||||||||||||||||||||||||||||||||||||||
| Janus Henderson Forty Portfolio — Service Shares |
Janus Henderson Global Research Portfolio — Institutional Shares |
Janus Henderson Global Research Portfolio — Service Shares |
Janus Henderson Global Technology
and |
Janus Henderson Overseas
Portfolio — |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $(14,466 | ) | $(47,811 | ) | $(1,662 | ) | $(1,493 | ) | $(1,293 | ) | $(1,231 | ) | $— | $— | $35 | $(58 | ) | ||||||||||||||||||||||
| 70,583 | 936,683 | 7,206 | 4,655 | 8,510 | 4,779 | — | — | 1,580 | 981 | |||||||||||||||||||||||||||||
| (37,824 | ) | (438,538 | ) | 17,254 | 32,749 | 4,613 | 16,796 | — | — | 19,901 | 2,904 | |||||||||||||||||||||||||||
| 152,153 | 270,238 | 21,408 | 7,128 | 11,447 | 4,306 | — | — | — | — | |||||||||||||||||||||||||||||
| 170,446 | 720,572 | 44,206 | 43,039 | 23,277 | 24,650 | — | — | 21,516 | 3,827 | |||||||||||||||||||||||||||||
| — | 665 | — | 1,157 | — | — | — | — | 2,364 | — | |||||||||||||||||||||||||||||
| (166,724 | ) | (305,761 | ) | (14,200 | ) | (7,995 | ) | (11,787 | ) | (4,918 | ) | — | — | (5,442 | ) | (5,246 | ) | |||||||||||||||||||||
| (6,671 | ) | (32,757 | ) | (156 | ) | (141 | ) | (4 | ) | (7 | ) | — | — | (55 | ) | (66 | ) | |||||||||||||||||||||
| (44,665 | ) | (3,338,213 | ) | (2 | ) | (1,213 | ) | (4,679 | ) | (4,163 | ) | — | — | (4 | ) | (54 | ) | |||||||||||||||||||||
| (218,060 | ) | (3,676,066 | ) | (14,358 | ) | (8,192 | ) | (16,470 | ) | (9,088 | ) | — | — | (3,137 | ) | (5,366 | ) | |||||||||||||||||||||
| (47,614 | ) | (2,955,494 | ) | 29,848 | 34,847 | 6,807 | 15,562 | — | — | 18,379 | (1,539 | ) | ||||||||||||||||||||||||||
| 1,172,431 | 4,127,925 | 234,313 | 199,466 | 131,571 | 116,009 | — | — | 80,809 | 82,348 | |||||||||||||||||||||||||||||
| $1,124,817 | $1,172,431 | $264,161 | $234,313 | $138,378 | $131,571 | $— | $— | $99,188 | $80,809 | |||||||||||||||||||||||||||||
| 1,211 | 3,728 | — | 38 | 1 | 2 | — | — | 59 | — | |||||||||||||||||||||||||||||
| (4,208 | ) | (89,314 | ) | (378 | ) | (296 | ) | (516 | ) | (341 | ) | — | — | (143 | ) | (158 | ) | |||||||||||||||||||||
| |
(2,997 |
) |
(85,586 | ) | (378 | ) | (258 | ) | (515 | ) | (339 | ) | — | — | (84 | ) | (158 | ) | ||||||||||||||||||||
See accompanying notes to financial statements.
F-49
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Janus Aspen Series (continued) |
||||||||||||||||||||||||
| Janus Henderson Overseas Portfolio — Service Shares |
Janus Henderson Research Portfolio — Institutional Shares |
Janus Henderson Research Portfolio — Service Shares |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $(212 | ) | $(233 | ) | $(8,218 | ) | $(7,787 | ) | $(141 | ) | $(148 | ) | ||||||||||||
| Net realized gain (loss) on investments | 769 | 842 | 46,767 | 8,829 | 685 | 991 | ||||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | 20,484 | 2,387 | 14,806 | 139,562 | 248 | 1,747 | ||||||||||||||||||
| Capital gain distributions | — | — | 48,164 | 15,909 | 828 | 298 | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 21,041 | 2,996 | 101,519 | 156,513 | 1,620 | 2,888 | ||||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | — | — | — | — | — | — | ||||||||||||||||||
| Transfers for contract benefits and terminations | (689 | ) | (1,820 | ) | (91,328 | ) | (13,516 | ) | (749 | ) | (633 | ) | ||||||||||||
| Administrative expenses | (17 | ) | (16 | ) | (346 | ) | (269 | ) | (5 | ) | (5 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | (2 | ) | (1 | ) | (5 | ) | — | (487 | ) | (1,568 | ) | |||||||||||||
| Increase (decrease) in net assets from capital transactions | (708 | ) | (1,837 | ) | (91,679 | ) | (13,785 | ) | (1,241 | ) | (2,206 | ) | ||||||||||||
| Increase (decrease) in net assets | 20,333 | 1,159 | 9,840 | 142,728 | 379 | 682 | ||||||||||||||||||
| Net assets at beginning of year | 79,421 | 78,262 | 615,206 | 472,478 | 10,677 | 9,995 | ||||||||||||||||||
| Net assets at end of year | $99,754 | $79,421 | $625,046 | $615,206 | $11,056 | $10,677 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | — | — | — | — | — | — | ||||||||||||||||||
| Units redeemed | (22 | ) | (68 | ) | (1,361 | ) | (258 | ) | (26 | ) | (58 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | (22 | ) | (68 | ) | (1,361 | ) | (258 | ) | (26 | ) | (58 | ) | ||||||||||||
See accompanying notes to financial statements.
F-50
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Legg Mason Partners Variable Equity Trust | Lincoln Variable Insurance Products Trust |
|||||||||||||||||||||||||||||||||||||
| ClearBridge Variable Dividend Strategy
Portfolio — |
ClearBridge Variable Dividend Strategy
Portfolio — |
ClearBridge Variable Growth Portfolio — Class II |
ClearBridge Variable Large Cap Value Portfolio — Class I |
LVIP American Century Disciplined Core
Value Fund — |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $— | $— | $(623 | ) | $(1,176 | ) | $(2,048 | ) | $(2,069 | ) | $(985 | ) | $(711 | ) | $86 | $(95 | ) | ||||||||||||||||||||||
| — | — | 24,739 | 2,739 | (1,211 | ) | (9,840 | ) | (2,857 | ) | 242 | 43 | 194 | ||||||||||||||||||||||||||
| — | — | (24,837 | ) | 2,774 | (4,383 | ) | (14,429 | ) | (1,055 | ) | (19,100 | ) | 5,076 | 4,935 | ||||||||||||||||||||||||
| — | — | 6,223 | 17,680 | 21,687 | 42,089 | 20,290 | 31,754 | — | — | |||||||||||||||||||||||||||||
| — | — | 5,502 | 22,017 | 14,045 | 15,751 | 15,393 | 12,185 | 5,205 | 5,034 | |||||||||||||||||||||||||||||
| — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||
| — | — | (130,395 | ) | (11,870 | ) | (1,173 | ) | (38,993 | ) | (21,552 | ) | (2,756 | ) | (388 | ) | — | ||||||||||||||||||||||
| — | — | (231 | ) | (241 | ) | (140 | ) | (123 | ) | (294 | ) | (257 | ) | (3 | ) | (3 | ) | |||||||||||||||||||||
| — | — | 941 | (1,239 | ) | (1,146 | ) | 21,713 | 679 | 16,993 | (30 | ) | (6,958 | ) | |||||||||||||||||||||||||
| — | — | (129,685 | ) | (13,350 | ) | (2,459 | ) | (17,403 | ) | (21,167 | ) | 13,980 | (421 | ) | (6,961 | ) | ||||||||||||||||||||||
| — | — | (124,183 | ) | 8,667 | 11,586 | (1,652 | ) | (5,774 | ) | 26,165 | 4,784 | (1,927 | ) | |||||||||||||||||||||||||
| — | — | 171,140 | 162,473 | 125,705 | 127,357 | 217,120 | 190,955 | 39,994 | 41,921 | |||||||||||||||||||||||||||||
| $— | $— | $46,957 | $171,140 | $137,291 | $125,705 | $211,346 | $217,120 | $44,778 | $39,994 | |||||||||||||||||||||||||||||
| — | — | 158 | 70 | — | 542 | 35 | 881 | 2 | — | |||||||||||||||||||||||||||||
| — | — | (4,246 | ) | (628 | ) | (54 | ) | (863 | ) | (1,188 | ) | (168 | ) | (12 | ) | (154 | ) | |||||||||||||||||||||
| |
— |
— | (4,088 | ) | (558 | ) | (54 | ) | (321 | ) | (1,153 | ) | 713 | (10 | ) | (154 | ) | |||||||||||||||||||||
See accompanying notes to financial statements.
F-51
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Lincoln Variable Insurance Products Trust (continued) | ||||||||||||||||||||||||
| LVIP American Century Inflation Protection Fund — Service Class |
LVIP American Century International Fund — Standard Class II |
LVIP American Century Ultra® Fund — Standard Class II |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $145,293 | $56,909 | $(1,381 | ) | $(666 | ) | $(9,653 | ) | $(8,943 | ) | ||||||||||||||
| Net realized gain (loss) on investments | (43,686 | ) | (40,280 | ) | 3,393 | 1,719 | 94,764 | 16,275 | ||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | 20,295 | (21,346 | ) | 23,526 | 1,957 | (70,817 | ) | 77,549 | ||||||||||||||||
| Capital gain distributions | — | — | — | — | 51,010 | 45,306 | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 121,902 | (4,717 | ) | 25,538 | 3,010 | 65,304 | 130,187 | |||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | 480 | 840 | — | — | 20,698 | — | ||||||||||||||||||
| Transfers for contract benefits and terminations | (333,248 | ) | (291,095 | ) | (25,056 | ) | (20,204 | ) | (40,266 | ) | (14,507 | ) | ||||||||||||
| Administrative expenses | (29,095 | ) | (31,357 | ) | (59 | ) | (64 | ) | (243 | ) | (235 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | 74,225 | 279,925 | (4,681 | ) | (4,312 | ) | (3,709 | ) | (19,196 | ) | ||||||||||||||
| Increase (decrease) in net assets from capital transactions | (287,638 | ) | (41,687 | ) | (29,796 | ) | (24,580 | ) | (23,520 | ) | (33,938 | ) | ||||||||||||
| Increase (decrease) in net assets | (165,736 | ) | (46,404 | ) | (4,258 | ) | (21,570 | ) | 41,784 | 96,249 | ||||||||||||||
| Net assets at beginning of year | 2,821,032 | 2,867,436 | 199,009 | 220,579 | 600,508 | 504,259 | ||||||||||||||||||
| Net assets at end of year | $2,655,296 | $2,821,032 | $194,751 | $199,009 | $642,292 | $600,508 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | 34,910 | 38,765 | 1,119 | 1,856 | 4,224 | 40 | ||||||||||||||||||
| Units redeemed | (58,387 | ) | (41,923 | ) | (3,018 | ) | (2,960 | ) | (4,496 | ) | (515 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | (23,477 | ) | (3,158 | ) | (1,899 | ) | (1,104 | ) | (272 | ) | (475 | ) | ||||||||||||
See accompanying notes to financial statements.
F-52
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| Lincoln Variable Insurance Products Trust (continued) | ||||||||||||||||||||||||||||||||||||||
| LVIP American Century Value Fund — |
LVIP JPMorgan Core Bond Fund — |
LVIP JPMorgan Mid Cap Value Fund — |
LVIP JPMorgan Small Cap Core Fund — |
LVIP JPMorgan U.S. Equity Fund — |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $215 | $2,025 | $17,833 | $28,554 | $(3,826 | ) | $(3,752 | ) | $(2,947 | ) | $(2,457 | ) | $(7,021 | ) | $(8,365 | ) | |||||||||||||||||||||||
| 1,754 | 35,932 | (13,525 | ) | (13,583 | ) | 22,249 | 28,356 | 16,528 | 19,338 | 27,825 | 177,744 | |||||||||||||||||||||||||||
| 7,208 | (40,816 | ) | 52,325 | (11,449 | ) | (72,530 | ) | (49,845 | ) | (12,868 | ) | 6,726 | 14,758 | (71,414 | ) | |||||||||||||||||||||||
| 12,101 | 24,839 | — | — | 75,109 | 113,922 | 8,607 | 4,321 | 28,085 | 15,004 | |||||||||||||||||||||||||||||
| 21,278 | 21,980 | 56,633 | 3,522 | 21,002 | 88,681 | 9,320 | 27,928 | 63,647 | 112,969 | |||||||||||||||||||||||||||||
| — | — | — | — | 25,873 | — | 18,111 | — | — | — | |||||||||||||||||||||||||||||
| (11,590 | ) | (93,047 | ) | (111,277 | ) | (92,978 | ) | (83,980 | ) | (104,228 | ) | (41,937 | ) | (47,586 | ) | (93,296 | ) | (56,672 | ) | |||||||||||||||||||
| (303 | ) | (309 | ) | (677 | ) | (672 | ) | (481 | ) | (507 | ) | (98 | ) | (115 | ) | (199 | ) | (122 | ) | |||||||||||||||||||
| 90 | (247,821 | ) | 20,832 | 183,387 | 28,655 | (14,261 | ) | (167,976 | ) | 169,029 | 717,168 | (645,584 | ) | |||||||||||||||||||||||||
| (11,803 | ) | (341,177 | ) | (91,122 | ) | 89,737 | (29,933 | ) | (118,996 | ) | (191,900 | ) | 121,328 | 623,673 | (702,378 | ) | ||||||||||||||||||||||
| 9,475 | (319,197 | ) | (34,489 | ) | 93,259 | (8,931 | ) | (30,315 | ) | (182,580 | ) | 149,256 | 687,320 | (589,409 | ) | |||||||||||||||||||||||
| 156,486 | 475,683 | 1,079,445 | 986,186 | 717,398 | 747,713 | 292,551 | 143,295 | 331,280 | 920,689 | |||||||||||||||||||||||||||||
| $165,961 | $156,486 | $1,044,956 | $1,079,445 | $708,467 | $717,398 | $109,971 | $292,551 | $1,018,600 | $331,280 | |||||||||||||||||||||||||||||
| 13 | 1,246 | 8,211 | 19,928 | 9,271 | 1,685 | 7,806 | 11,228 | 14,769 | 184 | |||||||||||||||||||||||||||||
| (259 | ) | (12,854 | ) | (15,307 | ) | (12,070 | ) | (10,492 | ) | (5,067 | ) | (16,697 | ) | (3,538 | ) | (2,305 | ) | (16,773 | ) | |||||||||||||||||||
| |
(246 |
) |
(11,608 | ) | (7,096 | ) | 7,858 | (1,221 | ) | (3,382 | ) | (8,891 | ) | 7,690 | 12,464 | (16,589 | ) | |||||||||||||||||||||
See accompanying notes to financial statements.
F-53
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| MFS® Variable Insurance Trust |
||||||||||||||||||||||||
| MFS® Investors Trust Series — Service Class Shares |
MFS® New Discovery Series — Service Class Shares |
MFS® Total Return Series — Service Class Shares |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $(2,431 | ) | $(2,770 | ) | $(5,634 | ) | $(5,777 | ) | $22,554 | $14,840 | ||||||||||||||
| Net realized gain (loss) on investments | 5,048 | 7,234 | (11,413 | ) | (2,456 | ) | 24,655 | 46,884 | ||||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | (81,068 | ) | 16,680 | 54,814 | 25,605 | (3,918 | ) | (39,127 | ) | |||||||||||||||
| Capital gain distributions | 105,566 | 18,157 | — | — | 243,678 | 171,938 | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 27,115 | 39,301 | 37,767 | 17,372 | 286,969 | 194,535 | ||||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | — | — | — | — | — | — | ||||||||||||||||||
| Transfers for contract benefits and terminations | (10,790 | ) | (16,348 | ) | (35,782 | ) | (1,409 | ) | (407,098 | ) | (386,362 | ) | ||||||||||||
| Administrative expenses | (265 | ) | (289 | ) | (49 | ) | (60 | ) | (34,339 | ) | (36,799 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | (9,565 | ) | (774 | ) | 240 | 1,135 | 28,825 | (79,926 | ) | |||||||||||||||
| Increase (decrease) in net assets from capital transactions | (20,620 | ) | (17,411 | ) | (35,591 | ) | (334 | ) | (412,612 | ) | (503,087 | ) | ||||||||||||
| Increase (decrease) in net assets | 6,495 | 21,890 | 2,176 | 17,038 | (125,643 | ) | (308,552 | ) | ||||||||||||||||
| Net assets at beginning of year | 253,638 | 231,748 | 378,504 | 361,466 | 3,434,319 | 3,742,871 | ||||||||||||||||||
| Net assets at end of year | $260,133 | $253,638 | $380,680 | $378,504 | $3,308,676 | $3,434,319 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | 19 | 15 | 18 | 43 | 7,481 | 8,651 | ||||||||||||||||||
| Units redeemed | (518 | ) | (466 | ) | (979 | ) | (52 | ) | (27,819 | ) | (34,498 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | (499 | ) | (451 | ) | (961 | ) | (9 | ) | (20,338 | ) | (25,847 | ) | ||||||||||||
See accompanying notes to financial statements.
F-54
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| MFS® Variable Insurance Trust (continued) |
MFS® Variable Insurance Trust II | PIMCO Variable Insurance Trust | ||||||||||||||||||||||||||||||||||||
|
MFS® Utilities Series —
Service |
MFS® Income Portfolio —
Service |
MFS® Massachusetts Investors
Growth Stock |
All Asset Portfolio — Advisor |
High Yield Portfolio — Administrative |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $6,776 | $3,446 | $632 | $587 | $(8,728 | ) | $(10,744 | ) | $6,627 | $10,415 | $132,714 | $129,089 | |||||||||||||||||||||||||||
| 36,631 | 17,072 | (169 | ) | (457 | ) | 70,552 | 15,171 | (2,498 | ) | (2,442 | ) | 3,190 | (20,170 | ) | ||||||||||||||||||||||||
| 28,808 | 28,140 | 851 | 181 | (61,159 | ) | 18,168 | 22,136 | (3,793 | ) | 61,543 | 40,955 | |||||||||||||||||||||||||||
| 8,646 | 21,537 | — | — | 43,646 | 64,145 | — | — | — | — | |||||||||||||||||||||||||||||
| 80,861 | 70,195 | 1,314 | 311 | 44,311 | 86,740 | 26,265 | 4,180 | 197,447 | 149,874 | |||||||||||||||||||||||||||||
| — | 7,212 | — | — | 86,641 | — | — | — | 180 | 13,522 | |||||||||||||||||||||||||||||
| (157,011 | ) | (83,446 | ) | (2,285 | ) | (1,324 | ) | (168,002 | ) | (86,170 | ) | (10,541 | ) | (10,219 | ) | (320,162 | ) | (417,492 | ) | |||||||||||||||||||
| (4,987 | ) | (5,461 | ) | (31 | ) | (32 | ) | (540 | ) | (635 | ) | (1,432 | ) | (1,637 | ) | (30,572 | ) | (32,981 | ) | |||||||||||||||||||
| (13,801 | ) | (4,644 | ) | (1 | ) | (2,643 | ) | (357,906 | ) | 166,023 | (4,926 | ) | 8,390 | 22,396 | (95,232 | ) | ||||||||||||||||||||||
| (175,799 | ) | (86,339 | ) | (2,317 | ) | (3,999 | ) | (439,807 | ) | 79,218 | (16,899 | ) | (3,466 | ) | (328,158 | ) | (532,183 | ) | ||||||||||||||||||||
| (94,938 | ) | (16,144 | ) | (1,003 | ) | (3,688 | ) | (395,496 | ) | 165,958 | 9,366 | 714 | (130,711 | ) | (382,309 | ) | ||||||||||||||||||||||
| 735,658 | 751,802 | 25,129 | 28,817 | 702,049 | 536,091 | 218,297 | 217,583 | 3,001,874 | 3,384,183 | |||||||||||||||||||||||||||||
| $640,720 | $735,658 | $24,126 | $25,129 | $306,553 | $702,049 | $227,663 | $218,297 | $2,871,163 | $3,001,874 | |||||||||||||||||||||||||||||
| 1,449 | 3,123 | — | 11 | 7,064 | 8,284 | 341 | 662 | 15,577 | 20,659 | |||||||||||||||||||||||||||||
| (6,267 | ) | (5,982 | ) | (199 | ) | (376 | ) | (22,700 | ) | (4,675 | ) | (1,319 | ) | (870 | ) | (32,623 | ) | (48,482 | ) | |||||||||||||||||||
| |
(4,818 |
) |
(2,859 | ) | (199 | ) | (365 | ) | (15,636 | ) | 3,609 | (978 | ) | (208 | ) | (17,046 | ) | (27,823 | ) | |||||||||||||||||||
See accompanying notes to financial statements.
F-55
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| PIMCO Variable Insurance Trust (continued) |
||||||||||||||||||||||||
| International Bond Portfolio (U.S. Dollar Hedged) — Administrative Class Shares |
Long-Term U.S. Government Portfolio — Administrative Class Shares |
Low Duration Portfolio — Administrative Class Shares |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $153 | $152 | $54,472 | $57,097 | $105,737 | $139,074 | ||||||||||||||||||
| Net realized gain (loss) on investments | (11 | ) | (8 | ) | (246,988 | ) | (1,381,921 | ) | (26,001 | ) | (123,423 | ) | ||||||||||||
| Change in unrealized appreciation (depreciation) on investments | 43 | 145 | 371,914 | 926,038 | 95,855 | 147,749 | ||||||||||||||||||
| Capital gain distributions | — | — | — | — | — | — | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 185 | 289 | 179,398 | (398,786 | ) | 175,591 | 163,400 | |||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | — | — | 12,554 | 1,210 | 180 | 810 | ||||||||||||||||||
| Transfers for contract benefits and terminations | (43 | ) | (38 | ) | (427,998 | ) | (547,139 | ) | (507,594 | ) | (583,089 | ) | ||||||||||||
| Administrative expenses | (2 | ) | (2 | ) | (46,041 | ) | (78,855 | ) | (59,261 | ) | (80,233 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | 152 | 743 | 520,896 | (2,914,191 | ) | 186,852 | (1,473,172 | ) | ||||||||||||||||
| Increase (decrease) in net assets from capital transactions | 107 | 703 | 59,411 | (3,538,975 | ) | (379,823 | ) | (2,135,684 | ) | |||||||||||||||
| Increase (decrease) in net assets | 292 | 992 | 238,809 | (3,937,761 | ) | (204,232 | ) | (1,972,284 | ) | |||||||||||||||
| Net assets at beginning of year | 7,968 | 6,976 | 3,433,499 | 7,371,260 | 4,938,415 | 6,910,699 | ||||||||||||||||||
| Net assets at end of year | $8,260 | $7,968 | $3,672,308 | $3,433,499 | $4,734,183 | $4,938,415 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | 13 | 41 | 87,331 | 103,772 | 68,714 | 101,835 | ||||||||||||||||||
| Units redeemed | (8 | ) | (2 | ) | (78,103 | ) | (369,570 | ) | (102,138 | ) | (296,793 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | 5 | 39 | 9,228 | (265,798 | ) | (33,424 | ) | (194,958 | ) | |||||||||||||||
See accompanying notes to financial statements.
F-56
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| PIMCO Variable Insurance Trust (continued) |
Rydex Variable Trust | State Street Variable Insurance Series Funds, Inc. | ||||||||||||||||||||||||||||||||||||
| Total Return Portfolio — Administrative |
NASDAQ — 100® Fund |
Income V.I.S. Fund — Class 1 Shares |
Premier Growth Equity V.I.S. Fund — Class 1 Shares |
Real Estate Securities V.I.S. Fund — Class 1 Shares |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $251,704 | $253,559 | $(3,123 | ) | $(2,673 | ) | $6,742 | $5,070 | $(8,799 | ) | $(8,310 | ) | $(4,504 | ) | $35,756 | ||||||||||||||||||||||||
| (218,761 | ) | (233,172 | ) | 16,226 | 8,134 | (4,016 | ) | (5,147 | ) | 5,551 | 16,188 | (7,033 | ) | 24,339 | ||||||||||||||||||||||||
| 688,789 | 66,054 | 3,415 | 30,852 | 10,408 | (8,026 | ) | (11,612 | ) | 12,646 | 4,328 | 278,661 | |||||||||||||||||||||||||||
| — | — | 11,426 | 4,003 | — | — | 108,778 | 109,290 | 10,486 | — | |||||||||||||||||||||||||||||
| 721,732 | 86,441 | 27,944 | 40,316 | 13,134 | (8,103 | ) | 93,918 | 129,814 | 3,277 | 338,756 | ||||||||||||||||||||||||||||
| 12,924 | 14,452 | — | — | — | 25 | — | — | 300 | 11,637 | |||||||||||||||||||||||||||||
| (1,403,036 | ) | (1,266,311 | ) | (13,240 | ) | (10,436 | ) | (14,022 | ) | (21,847 | ) | (22,932 | ) | (40,866 | ) | (112,086 | ) | (335,993 | ) | |||||||||||||||||||
| (137,275 | ) | (139,578 | ) | (78 | ) | (78 | ) | (2,102 | ) | (2,535 | ) | (150 | ) | (149 | ) | (3,984 | ) | (48,434 | ) | |||||||||||||||||||
| (372,603 | ) | 1,934,041 | (23,963 | ) | 20,230 | 7,702 | 14,918 | (2,775 | ) | (8,057 | ) | 29,069 | (5,282,472 | ) | ||||||||||||||||||||||||
| (1,899,990 | ) | 542,604 | (37,281 | ) | 9,716 | (8,422 | ) | (9,439 | ) | (25,857 | ) | (49,072 | ) | (86,701 | ) | (5,655,262 | ) | |||||||||||||||||||||
| (1,178,258 | ) | 629,045 | (9,337 | ) | 50,032 | 4,712 | (17,542 | ) | 68,061 | 80,742 | (83,424 | ) | (5,316,506 | ) | ||||||||||||||||||||||||
| 11,150,948 | 10,521,903 | 229,322 | 179,290 | 313,785 | 331,327 | 546,423 | 465,681 | 890,784 | 6,207,290 | |||||||||||||||||||||||||||||
| $9,972,690 | $11,150,948 | $219,985 | $229,322 | $318,497 | $313,785 | $614,484 | $546,423 | $807,360 | $890,784 | |||||||||||||||||||||||||||||
| 99,941 | 202,347 | 5 | 344 | 1,854 | 2,220 | 15 | 5 | 2,117 | 35,007 | |||||||||||||||||||||||||||||
| (233,604 | ) | (156,066 | ) | (607 | ) | (210 | ) | (2,585 | ) | (3,078 | ) | (431 | ) | (863 | ) | (3,734 | ) | (285,303 | ) | |||||||||||||||||||
| |
(133,663 |
) |
46,281 | (602 | ) | 134 | (731 | ) | (858 | ) | (416 | ) | (858 | ) | (1,617 | ) | (250,296 | ) | ||||||||||||||||||||
See accompanying notes to financial statements.
F-57
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| State Street Variable Insurance Series Funds, Inc. (continued) |
||||||||||||||||||||||||
| S&P 500® Index V.I.S. Fund — Class 1 Shares |
Small-Cap Equity V.I.S. Fund — Class 1 Shares |
Total Return V.I.S. Fund — Class 1 Shares |
||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||||||||||
| From operations: | ||||||||||||||||||||||||
| Net investment income (expense) | $(33,941 | ) | $(26,864 | ) | $(12,670 | ) | $(12,377 | ) | $74,732 | $239,481 | ||||||||||||||
| Net realized gain (loss) on investments | 369,971 | 329,374 | (7,714 | ) | (46 | ) | 34,874 | (37,749 | ) | |||||||||||||||
| Change in unrealized appreciation (depreciation) on investments | 105,516 | 427,693 | (89,673 | ) | 14,645 | 606,944 | 502,606 | |||||||||||||||||
| Capital gain distributions | 436,470 | 521,196 | 93,241 | 69,177 | 353,732 | 1,624 | ||||||||||||||||||
| Increase (decrease) in net assets from operations | 878,016 | 1,251,399 | (16,816 | ) | 71,399 | 1,070,282 | 705,962 | |||||||||||||||||
| From capital transactions (note 4): | ||||||||||||||||||||||||
| Net premiums | 108,696 | 158,330 | 30,324 | 11,540 | 21,774 | 23,468 | ||||||||||||||||||
| Transfers for contract benefits and terminations | (509,330 | ) | (708,526 | ) | (99,382 | ) | (66,544 | ) | (437,719 | ) | (436,891 | ) | ||||||||||||
| Administrative expenses | (4,888 | ) | (5,562 | ) | (2,600 | ) | (2,646 | ) | (2,486 | ) | (2,403 | ) | ||||||||||||
| Transfers between subaccounts (including fixed account), net | (387,758 | ) | (148,573 | ) | 22,120 | 24,416 | (2,929 | ) | (6,599 | ) | ||||||||||||||
| Increase (decrease) in net assets from capital transactions | (793,280 | ) | (704,331 | ) | (49,538 | ) | (33,234 | ) | (421,360 | ) | (422,425 | ) | ||||||||||||
| Increase (decrease) in net assets | 84,736 | 547,068 | (66,354 | ) | 38,165 | 648,922 | 283,537 | |||||||||||||||||
| Net assets at beginning of year | 6,292,827 | 5,745,759 | 868,622 | 830,457 | 7,842,619 | 7,559,082 | ||||||||||||||||||
| Net assets at end of year | $6,377,563 | $6,292,827 | $802,268 | $868,622 | $8,491,541 | $7,842,619 | ||||||||||||||||||
| Change in units (note 5): | ||||||||||||||||||||||||
| Units purchased | 4,931 | 5,245 | 2,506 | 1,581 | 13,792 | 43,132 | ||||||||||||||||||
| Units redeemed | (20,284 | ) | (20,570 | ) | (3,732 | ) | (2,543 | ) | (30,754 | ) | (61,954 | ) | ||||||||||||
| Net increase (decrease) in units from capital transactions with contract owners | (15,353 | ) | (15,325 | ) | (1,226 | ) | (962 | ) | (16,962 | ) | (18,822 | ) | ||||||||||||
See accompanying notes to financial statements.
F-58
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| State Street Variable Insurance Series Funds, Inc. (continued) |
The Alger Portfolios | The Prudential Series Fund |
||||||||||||||||||||||||||||||||||||
| Total Return V.I.S. Fund — Class 3 Shares |
U.S. Equity V.I.S. Fund — Class 1 Shares |
Alger Large Cap Growth Portfolio — Class I-2 Shares |
Alger Small Cap Growth Portfolio — Class I-2 Shares |
PSF Natural Resources Portfolio — Class II Shares |
||||||||||||||||||||||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
Period from January 1 to April 11, 2025 |
Year ended December 31, 2024 |
|||||||||||||||||||||||||||||
| $44,046 | $661,311 | $(5,950 | ) | $(4,740 | ) | $(3,422 | ) | $(4,034 | ) | $(1,044 | ) | $(823 | ) | $(1,718 | ) | $(28,432 | ) | |||||||||||||||||||||
| 198,952 | (194,339 | ) | 2,561 | 5,716 | 9,687 | 26,479 | (9,059 | ) | (2,285 | ) | 32,103 | 256,813 | ||||||||||||||||||||||||||
| 2,177,729 | 2,299,229 | (18,835 | ) | (4,760 | ) | 27,490 | 70,166 | 13,411 | 8,205 | (50,910 | ) | (44,159 | ) | |||||||||||||||||||||||||
| 1,198,256 | 6,303 | 83,859 | 86,427 | 28,808 | — | 925 | — | — | — | |||||||||||||||||||||||||||||
| 3,618,983 | 2,772,504 | 61,635 | 82,643 | 62,563 | 92,611 | 4,233 | 5,097 | (20,525 | ) | 184,222 | ||||||||||||||||||||||||||||
| — | — | — | — | — | 925 | 3,152 | — | 75 | 875 | |||||||||||||||||||||||||||||
| (4,412,954 | ) | (4,124,633 | ) | (18,586 | ) | (16,009 | ) | (21,157 | ) | (123,830 | ) | (28,353 | ) | (3,947 | ) | (31,278 | ) | (127,691 | ) | |||||||||||||||||||
| (317,207 | ) | (343,493 | ) | (540 | ) | (526 | ) | (56 | ) | (51 | ) | (77 | ) | (66 | ) | (746 | ) | (22,697 | ) | |||||||||||||||||||
| (553,618 | ) | (1,222,479 | ) | 542 | 3,470 | — | (1,020 | ) | (92 | ) | (40 | ) | (310,851 | ) | (2,307,749 | ) | ||||||||||||||||||||||
| (5,283,779 | ) | (5,690,605 | ) | (18,584 | ) | (13,065 | ) | (21,213 | ) | (123,976 | ) | (25,370 | ) | (4,053 | ) | (342,800 | ) | (2,457,262 | ) | |||||||||||||||||||
| (1,664,796 | ) | (2,918,101 | ) | 43,051 | 69,578 | 41,350 | (31,365 | ) | (21,137 | ) | 1,044 | (363,325 | ) | (2,273,040 | ) | |||||||||||||||||||||||
| 30,245,538 | 33,163,639 | 439,480 | 369,902 | 226,344 | 257,709 | 79,034 | 77,990 | 363,325 | 2,636,365 | |||||||||||||||||||||||||||||
| $28,580,742 | $30,245,538 | $482,531 | $439,480 | $267,694 | $226,344 | $57,897 | $79,034 | $— | $363,325 | |||||||||||||||||||||||||||||
| 48,630 | 37,317 | 56 | 230 | — | 21 | 94 | — | 771 | 41,778 | |||||||||||||||||||||||||||||
| (382,085 | ) | (420,711 | ) | (457 | ) | (500 | ) | (318 | ) | (2,442 | ) | (825 | ) | (127 | ) | (28,654 | ) | (297,385 | ) | |||||||||||||||||||
| |
(333,455 |
) |
(383,394 | ) | (401 | ) | (270 | ) | (318 | ) | (2,421 | ) | (731 | ) | (127 | ) | (27,883 | ) | (255,607 | ) | ||||||||||||||||||
See accompanying notes to financial statements.
F-59
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Statements of Changes in Net Assets — Continued
| The Prudential Series Fund (continued) | ||||||||||||||||
| PSF PGIM Jennison Blend Portfolio — Class II Shares |
PSF PGIM Jennison Growth Portfolio — Class II Shares |
|||||||||||||||
| Year ended December 31, 2025 |
Year ended December 31, 2024 |
Year ended December 31, 2025 |
Year ended December 31, 2024 |
|||||||||||||
| Increase (decrease) in net assets | ||||||||||||||||
| From operations: | ||||||||||||||||
| Net investment income (expense) | $(8,703 | ) | $(3,604 | ) | $(4,112 | ) | $(5,818 | ) | ||||||||
| Net realized gain (loss) on investments | 29,342 | 6,524 | 4,632 | 249,180 | ||||||||||||
| Change in unrealized appreciation (depreciation) on investments | 109,052 | 45,256 | 29,317 | (148,071 | ) | |||||||||||
| Capital gain distributions | — | — | — | — | ||||||||||||
| Increase (decrease) in net assets from operations | 129,691 | 48,176 | 29,837 | 95,291 | ||||||||||||
| From capital transactions (note 4): | ||||||||||||||||
| Net premiums | 225 | — | — | — | ||||||||||||
| Transfers for contract benefits and terminations | (152,523 | ) | (3,648 | ) | (2,262 | ) | (366,198 | ) | ||||||||
| Administrative expenses | (3,396 | ) | (1,125 | ) | (481 | ) | (1,077 | ) | ||||||||
| Transfers between subaccounts (including fixed account), net | 476,894 | 23,084 | (181 | ) | 19,168 | |||||||||||
| Increase (decrease) in net assets from capital transactions | 321,200 | 18,311 | (2,924 | ) | (348,107 | ) | ||||||||||
| Increase (decrease) in net assets | 450,891 | 66,487 | 26,913 | (252,816 | ) | |||||||||||
| Net assets at beginning of year | 275,401 | 208,914 | 250,441 | 503,257 | ||||||||||||
| Net assets at end of year | $726,292 | $275,401 | $277,354 | $250,441 | ||||||||||||
| Change in units (note 5): | ||||||||||||||||
| Units purchased | 40,880 | 6,093 | — | 228 | ||||||||||||
| Units redeemed | (13,631 | ) | (4,808 | ) | (31 | ) | (4,567 | ) | ||||||||
| Net increase (decrease) in units from capital transactions with contract owners | 27,249 | 1,285 | (31 | ) | (4,339 | ) | ||||||||||
See accompanying notes to financial statements.
F-60
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
December 31, 2025
| (1) | Description of Entity |
Genworth Life of New York VA Separate Account 1 (the “Separate Account”) is a separate investment account established on April 1, 1996, by Genworth Life Insurance Company of New York (“GLICNY”), pursuant to the laws of the State of New York. GLICNY is a stock life insurance company incorporated under the laws of New York on February 23, 1988. GLICNY is owned 65.5% by Genworth Life Insurance Company (“GLIC”) and 34.5% by Genworth Life and Annuity Insurance Company (“GLAIC”). GLAIC is a direct, wholly-owned subsidiary of GLIC, and GLIC is a direct, wholly-owned subsidiary of Genworth North America Corporations (“GNA”), which is indirectly wholly-owned by Genworth Financial, Inc. (“Genworth”).
GLICNY’s principal products are long-term care insurance (“LTC”), fixed deferred and immediate annuities, and life insurance. LTC products are intended to protect against the significant and escalating costs of LTC services provided in the insured’s home or assisted living or nursing facilities. Effective January 5, 2021, GLICNY suspended sales of its LTC products in New York.
Deferred annuities are intended for contract owners who want to accumulate tax-deferred assets for retirement, desire a tax-efficient source of income and seek to protect against outliving their assets. Immediate annuities provide a fixed amount of income for one of the following: a defined number of years, the annuitant’s lifetime or the longer of a defined number of years and the annuitant’s lifetime. Life insurance products provide protection against financial hardship primarily after the death of an insured. On March 7, 2016, Genworth suspended sales of its traditional life insurance and fixed annuity products; however, GLICNY continues to service its existing retained and reinsured blocks of business.
GLICNY also has other products which have not been actively sold since 2011, but it continues to service its existing blocks of business. Those products include variable annuities and variable life insurance. Most of the variable annuities include a guaranteed minimum death benefit. Some of the individual variable annuity products include guaranteed minimum benefit features such as guaranteed minimum withdrawal benefits and certain types of guaranteed annuitization benefits.
The Separate Account has subaccounts that currently invest in series or portfolios (“Portfolios”) of open-end mutual funds (“Funds”). Such Portfolios are not sold directly to the general public. The Portfolios are sold to GLICNY, and they may also be sold to other insurance companies that issue variable annuity contracts and variable life insurance policies, including affiliated insurance companies of GLICNY. In addition, the Portfolios may be sold to retirement plans. GLICNY uses the Separate Account to support flexible premium variable deferred and immediate annuity contracts issued by GLICNY, as well as other purposes permitted by law.
Currently, there are multiple subaccounts of the Separate Account available under each contract. Each subaccount invests exclusively in shares representing an interest in a separate corresponding Portfolio (a division of a Fund, the assets of which are separate from other Portfolios that may be available in the Fund).
The assets of the Separate Account belong to GLICNY. However, GLICNY does not charge the assets in the Separate Account attributable to the contracts with liabilities arising out of any other business that GLICNY may conduct. The assets of the Separate Account will, however, be available to cover the liabilities of GLICNY’s General Account to the extent that the assets of the Separate Account exceed its liabilities arising under the contracts supported by it. Income and both realized and unrealized gains or losses from the assets of the Separate Account are credited to or charged against the Separate Account without regard to the income, gains or losses arising out of any other business GLICNY may conduct. Guarantees made under the contracts, including any rider options, are based on the claims paying ability of GLICNY to the extent that the amount of the guarantee exceeds the assets available in the Separate Account.
The Separate Account is registered with the U.S. Securities and Exchange Commission (“SEC”) as a unit investment trust under the Investment Company Act of 1940, as amended. The Separate Account meets the definition of a separate account under the Federal securities laws. Registration with the SEC does not involve supervision of the management or investment practices or policies of the Separate Account by the SEC. Contract owners assume the full investment risk for amounts allocated by contract owners to the Separate Account.
F-61
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
During the years ended December 31, 2025 and 2024, the following Portfolio names were changed:
| Prior Portfolio Name |
Current Portfolio Name |
Effective Date | ||
| Columbia Funds Variable Series Trust II — CTIVP® — Principal Blue Chip Growth Fund — Class 1 |
Columbia Funds Variable Series Trust II — CTIVP® — Principal Large Cap Growth Fund — Class 1 |
May 30, 2025 | ||
| Fidelity® Variable Insurance Products Fund — VIP Asset Manager Portfolio — Initial Class |
Fidelity® Variable Insurance Products Fund — VIP Asset Manager 50% Portfolio — Initial Class |
April 30, 2025 | ||
| Fidelity® Variable Insurance Products Fund — VIP Asset Manager Portfolio — Service Class 2 |
Fidelity® Variable Insurance Products Fund — VIP Asset Manager 50% Portfolio — Service Class 2 |
April 30, 2025 | ||
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) — Invesco V.I. Capital Appreciation Fund — Series I shares |
AIM Variable Insurance Funds (Invesco Variable Insurance Funds) — Invesco V.I. Discovery Large Cap Fund — Series I shares |
April 29, 2025 | ||
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) — Invesco V.I. Capital Appreciation Fund — Series II shares |
AIM Variable Insurance Funds (Invesco Variable Insurance Funds) — Invesco V.I. Discovery Large Cap Fund — Series II Shares |
April 29, 2025 | ||
| Legg Mason Partners Variable Equity Trust — ClearBridge Variable Aggressive Growth Portfolio — Class II |
Legg Mason Partners Variable Equity Trust — ClearBridge Variable Growth Portfolio — Class II |
April 29, 2024 | ||
| American Century Variable Portfolios II, Inc. — VP Inflation Protection Fund — Class II |
Lincoln Variable Insurance Products Trust — LVIP American Century Inflation Protection Fund — Service Class |
April 26, 2024 | ||
| American Century Variable Portfolios, Inc. — VP Disciplined Core Value Fund - Class I |
Lincoln Variable Insurance Products Trust — LVIP American Century Disciplined Core Value Fund — Standard Class II |
April 26, 2024 | ||
| American Century Variable Portfolios, Inc. — VP International Fund — Class I |
Lincoln Variable Insurance Products Trust — LVIP American Century International Fund — Standard Class II |
April 26, 2024 | ||
| American Century Variable Portfolios, Inc. — VP Ultra® Fund — Class I |
Lincoln Variable Insurance Products Trust — LVIP American Century Ultra® Fund — Standard Class II |
April 26, 2024 | ||
| American Century Variable Portfolios, Inc. — VP Value Fund — Class I |
Lincoln Variable Insurance Products Trust — LVIP American Century Value Fund — Standard Class II |
April 26, 2024 |
During the years ended December 31, 2025 and 2024, the following Portfolios were liquidated, and the Portfolio assets were reinvested in new or existing Portfolio(s):
| Liquidated Portfolio |
Reinvested Portfolio |
Inception Date | ||
| The Prudential Series Fund — PSF Natural Resources Portfolio — Class II Shares |
The Prudential Series Fund — PSF PGIM Jennison Blend Portfolio — Class II Shares |
April 11, 2025 | ||
| Deutsche DWS Variable Series I — DWS Capital Growth VIP — Class B Shares |
BNY Mellon — BNY Mellon Variable Investment Fund — Government Money Market Portfolio |
June 17, 2024 |
F-62
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Liquidated Portfolio |
Reinvested Portfolio |
Inception Date | ||
| Deutsche DWS Variable Series II — DWS CROCI® U.S. VIP — Class B Shares |
BNY Mellon — BNY Mellon Variable Investment Fund — Government Money Market Portfolio |
June 17, 2024 | ||
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) — Invesco V.I. Conservative Balanced Fund — Series I shares |
AIM Variable Insurance Funds (Invesco Variable Insurance Funds) — Invesco V.I. Equity and Income Fund — Series I shares |
April 26, 2024 | ||
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) — Invesco V.I. Conservative Balanced Fund — Series II shares |
AIM Variable Insurance Funds (Invesco Variable Insurance Funds) — Invesco V.I. Equity and Income Fund — Series II shares |
April 26, 2024 |
All designated Portfolios listed above are series type mutual funds.
| (2) | Summary of Significant Accounting Policies |
(a) Basis of Presentation
These financial statements have been prepared on the basis of U.S. generally accepted accounting principles (“U.S. GAAP”). Preparing financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect amounts and disclosures reported therein. Actual results could differ from those estimates. The Separate account is an investment company and follows accounting and reporting guidance under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services — Investment Companies.
(b) Investments
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Separate Account, generally, uses a market approach as the valuation technique due to the nature of the mutual fund investments offered in the Separate Account. This technique maximizes the use of observable inputs and minimizes the use of unobservable inputs. Investments in mutual funds are valued at the mutual fund’s closing net asset value per share on the day of valuation.
Valuation Inputs: Various inputs are used to determine the value of the mutual fund’s investments. These inputs are summarized in the three broad levels listed below:
| | Level 1 — quoted prices in active markets for identical securities; |
| | Level 2 — observable inputs other than Level 1 quoted prices (including, but not limited to, quoted prices for similar securities, interest rates, prepayment speeds and credit risk); and |
| | Level 3 — unobservable inputs. |
The investments of the Separate Account are measured at fair value on a recurring basis. All investments are categorized as Level 1 as of December 31, 2025 and there were no transfers between the levels during 2025.
Purchases and redemptions of investments in mutual funds are recorded on the Valuation Day the request for the purchase or redemption is received. A Valuation Day is any day that the New York Stock Exchange is open for regular trading, except for days on which a Portfolio does not value its shares. Income distributions, and gains from realized gain distributions, are recorded on the ex-dividend date. Realized gains and losses on investments are determined on the average cost basis. Units and unit values are disclosed as of the last Valuation Day of the applicable year or period.
F-63
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
(c) Unit Classes
There are several unit classes of subaccounts based on the variable annuity contract through which the subaccounts are available. An indefinite number of units in each unit class is authorized. Each unit class has its own expense structure as noted in note 4(a) below. In January 2011, Genworth announced that its insurance company subsidiaries, including GLICNY, would discontinue new sales of variable annuity products but would continue to service existing blocks of business. Although the contracts are no longer available for new sales, additional purchase payments may still be accepted under the terms of the contracts.
(d) Federal Income Taxes
The operations of the Separate Account are a part of, and taxed with, the operations of GLICNY. Therefore, the Separate Account is not separately taxed as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). Under existing federal income tax laws, investment income and capital gains of the Separate Account are not taxed. Accordingly, the Separate Account paid no federal income taxes and no federal income tax payment was required. GLICNY is taxed as a life insurance company under the Code.
(e) Payments During Annuitization
Net assets allocated to the contracts in variable payout stages (“variable annuitization”) are computed in accordance with the mortality tables in effect at the time of contract issue. The default assumed interest rate is an effective annual rate of 3% for all variable annuitizations paid on a life contingency basis, with the exception of those contract owners who have annuitized while electing the Payment Optimizer Plus rider option. Under this rider option, the assumed interest rate is 4%. For contract owners who have purchased the RetireReadySM Retirement Answer variable annuity, the assumed interest rate is 3.5%. The mortality risk is fully borne by GLICNY and may result in amounts transferred from GLICNY’s General Account to the Separate Account should annuitants live longer than assumed. GLICNY may transfer amounts from the Separate Account to its General Account should the contracts experience higher mortality than assumed.
(f) Segment Reporting
An operating segment is defined in Topic 280 as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by a public entity’s chief operating decision maker (“CODM”) to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available. The subaccounts within the Separate Account apply the guidance in Topic 280, Segment Reporting, which impacts financial statement disclosures only and does not affect the financial position or results of operations of the subaccounts of the Separate Account. The subaccounts have acted as single reportable segments, and the CODM of the subaccounts within the Separate Account is the Variable Product Portfolio Manager. The Separate Account is structured with a limited purpose by design, and its sole purpose is to record and report the invested funds and activities and performance chosen by contract/policy holders. Investment performance of funds may vary based on the underlying fund’s investment objectives specified in the fund prospectuses. Significant revenues and expenses are reported on the Statements of Changes in Net Assets and are reviewed by the CODM. The accounting policies of the segment are the same as those described in the summary of significant accounting policies herein.
(g) Subsequent Events
No material subsequent events have occurred since December 31, 2025 through April 23, 2026, the date the financial statements were available to be issued, that would require adjustment to the financial statements.
F-64
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| (3) | Purchases and Sales of Investments |
The aggregate cost of investments acquired, and the aggregate proceeds of investments sold, for the year ended December 31, 2025 were:
| Fund/Portfolio |
Cost of Shares Acquired |
Proceeds from Shares Sold |
||||||
| AB Variable Products Series Fund, Inc. |
||||||||
| AB VPS Balanced Hedged Allocation Portfolio — Class B |
$ | 194,989 | $ | 427,628 | ||||
| AB VPS International Value Portfolio — Class B |
11,023 | 62,386 | ||||||
| AB VPS Large Cap Growth Portfolio — Class B |
140,940 | 280,755 | ||||||
| AB VPS Relative Value Portfolio — Class B |
488,799 | 934,986 | ||||||
| AB VPS Small Cap Growth Portfolio — Class B |
35,481 | 53,689 | ||||||
| AB VPS Sustainable Global Thematic Portfolio — Class B |
7,314 | 1,413 | ||||||
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) |
||||||||
| Invesco V.I. American Franchise Fund — Series I shares |
50,428 | 274,183 | ||||||
| Invesco V.I. American Franchise Fund — Series II shares |
7,016 | 7,917 | ||||||
| Invesco V.I. American Value Fund — Series II shares |
101,907 | 19,174 | ||||||
| Invesco V.I. Comstock Fund — Series II shares |
1,368,396 | 860,865 | ||||||
| Invesco V.I. Core Equity Fund — Series I shares |
3,041,104 | 2,537,289 | ||||||
| Invesco V.I. Core Plus Bond Fund — Series I shares |
49,503 | 10,638 | ||||||
| Invesco V.I. Discovery Large Cap Fund — Series I shares |
19,578 | 58,752 | ||||||
| Invesco V.I. Discovery Large Cap Fund — Series II Shares |
387,888 | 205,048 | ||||||
| Invesco V.I. Discovery Mid Cap Growth Fund — Series I shares |
19,758 | 29,323 | ||||||
| Invesco V.I. Discovery Mid Cap Growth Fund — Series II shares |
14,700 | 2,647 | ||||||
| Invesco V.I. EQV International Equity Fund — Series II shares |
479,401 | 766,493 | ||||||
| Invesco V.I. Equity and Income Fund — Series I shares |
2,480 | 540 | ||||||
| Invesco V.I. Equity and Income Fund — Series II shares |
244,849 | 460,164 | ||||||
| Invesco V.I. Global Fund — Series II shares |
744,116 | 729,546 | ||||||
| Invesco V.I. Global Real Estate Fund — Series II shares |
14,629 | 210,783 | ||||||
| Invesco V.I. Global Strategic Income Fund — Series I shares |
197 | 224 | ||||||
| Invesco V.I. Main Street Fund® — Series II shares |
2,086,837 | 3,330,933 | ||||||
| Invesco V.I. Main Street Small Cap Fund® — Series II shares |
865,762 | 1,079,182 | ||||||
| Allspring Variable Trust |
||||||||
| Allspring VT Discovery All Cap Growth Fund — Class 2 |
134,923 | 38,968 | ||||||
| BNY Mellon |
||||||||
| BNY Mellon Investment Portfolios — MidCap Stock Portfolio — Initial Shares |
36,090 | 212,141 | ||||||
| BNY Mellon Sustainable U.S. Equity Portfolio, Inc. — Initial Shares |
2,266 | 423 | ||||||
| BNY Mellon Variable Investment Fund — Government Money Market Portfolio |
318,965 | 325,863 | ||||||
| BlackRock Variable Series Funds, Inc. |
||||||||
| BlackRock Advantage SMID Cap V.I. Fund — Class III Shares |
14,769 | 43,829 | ||||||
| BlackRock Basic Value V.I. Fund — Class III Shares |
264,463 | 314,833 | ||||||
| BlackRock Global Allocation V.I. Fund — Class III Shares |
3,951,411 | 5,959,728 | ||||||
| BlackRock Large Cap Focus Growth V.I. Fund — Class III Shares |
27,177 | 37,044 | ||||||
| Columbia Funds Variable Series Trust II |
||||||||
| CTIVP® — Principal Large Cap Growth Fund — Class 1 |
21,742 | 301,434 | ||||||
| Columbia Variable Portfolio — Overseas Core Fund — Class 2 |
162,252 | 332,353 | ||||||
| Deutsche DWS Variable Series II |
||||||||
| DWS Small Mid Cap Value VIP — Class B Shares |
192,829 | 28,763 | ||||||
F-65
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Fund/Portfolio |
Cost of Shares Acquired |
Proceeds from Shares Sold |
||||||
| Eaton Vance Variable Trust |
||||||||
| VT Floating-Rate Income Fund |
$ | 753,755 | $ | 924,362 | ||||
| Federated Hermes Insurance Series |
||||||||
| Federated Hermes High Income Bond Fund II — Primary Shares |
12 | 35 | ||||||
| Federated Hermes High Income Bond Fund II — Service Shares |
68,859 | 155,408 | ||||||
| Federated Hermes Kaufmann Fund II — Service Shares |
707,081 | 869,742 | ||||||
| Federated Hermes Managed Volatility Fund II — Primary Shares |
1,838 | 663 | ||||||
| Fidelity® Variable Insurance Products Fund |
||||||||
| VIP Asset Manager 50% Portfolio — Initial Class |
8,208 | 2,259 | ||||||
| VIP Asset Manager 50% Portfolio — Service Class 2 |
3,162 | 3,522 | ||||||
| VIP Balanced Portfolio — Service Class 2 |
416,731 | 2,134,686 | ||||||
| VIP Contrafund® Portfolio — Initial Class |
162,128 | 32,243 | ||||||
| VIP Contrafund® Portfolio — Service Class 2 |
4,791,215 | 5,711,527 | ||||||
| VIP Dynamic Capital Appreciation Portfolio — Service Class 2 |
3,512 | 937 | ||||||
| VIP Equity-Income PortfolioSM — Initial Class |
19,874 | 4,897 | ||||||
| VIP Equity-Income PortfolioSM — Service Class 2 |
224,025 | 531,633 | ||||||
| VIP Growth & Income Portfolio — Initial Class |
32,278 | 79,909 | ||||||
| VIP Growth & Income Portfolio — Service Class 2 |
110,698 | 110,705 | ||||||
| VIP Growth Opportunities Portfolio — Initial Class |
1,458 | 2,949 | ||||||
| VIP Growth Opportunities Portfolio — Service Class 2 |
71,400 | 89,026 | ||||||
| VIP Growth Portfolio — Initial Class |
89,076 | 22,004 | ||||||
| VIP Growth Portfolio — Service Class 2 |
157,083 | 37,706 | ||||||
| VIP Investment Grade Bond Portfolio — Service Class 2 |
1,404,327 | 2,094,160 | ||||||
| VIP Mid Cap Portfolio — Service Class 2 |
903,123 | 3,251,425 | ||||||
| VIP Overseas Portfolio — Initial Class |
14,097 | 7,898 | ||||||
| VIP Value Strategies Portfolio — Service Class 2 |
3,933 | 20,874 | ||||||
| Franklin Templeton Variable Insurance Products Trust |
||||||||
| Franklin Allocation VIP Fund — Class 2 Shares |
496,918 | 1,259,404 | ||||||
| Franklin Income VIP Fund — Class 2 Shares |
2,110,899 | 5,188,285 | ||||||
| Franklin Large Cap Growth VIP Fund — Class 2 Shares |
39,594 | 7,208 | ||||||
| Franklin Mutual Shares VIP Fund — Class 2 Shares |
1,148,981 | 1,257,014 | ||||||
| Templeton Foreign VIP Fund — Class 1 Shares |
— | — | ||||||
| Templeton Foreign VIP Fund — Class 2 Shares |
210,733 | 211,282 | ||||||
| Templeton Global Bond VIP Fund — Class 1 Shares |
— | 30 | ||||||
| Templeton Growth VIP Fund — Class 2 Shares |
61,991 | 142,867 | ||||||
| Goldman Sachs Variable Insurance Trust |
||||||||
| Goldman Sachs Government Money Market Fund — Service Shares |
6,673,024 | 7,182,279 | ||||||
| Goldman Sachs Large Cap Value Fund — Institutional Shares |
26,792 | 14,787 | ||||||
| Goldman Sachs Mid Cap Value Fund — Institutional Shares |
35,170 | 78,084 | ||||||
| Janus Aspen Series |
||||||||
| Janus Henderson Balanced Portfolio — Institutional Shares |
37,311 | 30,413 | ||||||
| Janus Henderson Balanced Portfolio — Service Shares |
500,947 | 1,330,268 | ||||||
| Janus Henderson Enterprise Portfolio — Institutional Shares |
66,215 | 34,101 | ||||||
| Janus Henderson Enterprise Portfolio — Service Shares |
14,264 | 1,773 | ||||||
| Janus Henderson Flexible Bond Portfolio — Institutional Shares |
12 | 7 | ||||||
| Janus Henderson Forty Portfolio — Institutional Shares |
130,631 | 49,415 | ||||||
| Janus Henderson Forty Portfolio — Service Shares |
218,059 | 298,434 | ||||||
F-66
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Fund/Portfolio |
Cost of Shares Acquired |
Proceeds from Shares Sold |
||||||
| Janus Henderson Global Research Portfolio — Institutional Shares |
$ | 23,265 | $ | 17,875 | ||||
| Janus Henderson Global Research Portfolio — Service Shares |
12,260 | 18,571 | ||||||
| Janus Henderson Global Technology and Innovation Portfolio — Service Shares |
— | — | ||||||
| Janus Henderson Overseas Portfolio — Institutional Shares |
3,645 | 6,747 | ||||||
| Janus Henderson Overseas Portfolio — Service Shares |
1,201 | 2,115 | ||||||
| Janus Henderson Research Portfolio — Institutional Shares |
48,947 | 100,680 | ||||||
| Janus Henderson Research Portfolio — Service Shares |
842 | 1,396 | ||||||
| Legg Mason Partners Variable Equity Trust |
||||||||
| ClearBridge Variable Dividend Strategy Portfolio — Class I |
— | — | ||||||
| ClearBridge Variable Dividend Strategy Portfolio — Class II |
9,819 | 133,907 | ||||||
| ClearBridge Variable Growth Portfolio — Class II |
21,687 | 4,507 | ||||||
| ClearBridge Variable Large Cap Value Portfolio — Class I |
23,322 | 25,184 | ||||||
| Lincoln Variable Insurance Products Trust |
||||||||
| LVIP American Century Disciplined Core Value Fund — Standard Class II |
811 | 1,145 | ||||||
| LVIP American Century Inflation Protection Fund — Service Class |
610,279 | 755,078 | ||||||
| LVIP American Century International Fund — Standard Class II |
21,999 | 53,173 | ||||||
| LVIP American Century Ultra® Fund — Standard Class II |
369,295 | 351,457 | ||||||
| LVIP American Century Value Fund — Standard Class II |
15,329 | 14,815 | ||||||
| LVIP JPMorgan Core Bond Fund — Standard Class |
140,337 | 213,627 | ||||||
| LVIP JPMorgan Mid Cap Value Fund — Standard Class |
512,200 | 470,847 | ||||||
| LVIP JPMorgan Small Cap Core Fund — Standard Class |
311,489 | 497,740 | ||||||
| LVIP JPMorgan U.S. Equity Fund — Standard Class |
778,100 | 133,329 | ||||||
| MFS® Variable Insurance Trust |
||||||||
| MFS® Investors Trust Series — Service Class Shares |
107,892 | 25,378 | ||||||
| MFS® New Discovery Series — Service Class Shares |
678 | 41,902 | ||||||
| MFS® Total Return Series — Service Class Shares |
466,381 | 612,791 | ||||||
| MFS® Utilities Series — Service Class Shares |
60,626 | 220,988 | ||||||
| MFS® Variable Insurance Trust II |
||||||||
| MFS® Income Portfolio — Service Class Shares |
998 | 2,681 | ||||||
| MFS® Massachusetts Investors Growth Stock Portfolio — Service Class Shares |
247,520 | 652,430 | ||||||
| PIMCO Variable Insurance Trust |
||||||||
| All Asset Portfolio — Advisor Class Shares |
15,574 | 25,844 | ||||||
| High Yield Portfolio — Administrative Class Shares |
469,755 | 667,424 | ||||||
| International Bond Portfolio (U.S. Dollar Hedged) — Administrative Class Shares |
536 | 273 | ||||||
| Long-Term U.S. Government Portfolio — Administrative Class Shares |
1,206,545 | 1,097,514 | ||||||
| Low Duration Portfolio — Administrative Class Shares |
964,061 | 1,240,247 | ||||||
| Total Return Portfolio — Administrative Class Shares |
1,789,607 | 3,443,245 | ||||||
| Rydex Variable Trust |
||||||||
| NASDAQ — 100® Fund |
11,800 | 40,780 | ||||||
| State Street Variable Insurance Series Funds, Inc. |
||||||||
| Income V.I.S. Fund — Class 1 Shares |
31,637 | 33,329 | ||||||
| Premier Growth Equity V.I.S. Fund — Class 1 Shares |
109,618 | 35,498 | ||||||
| Real Estate Securities V.I.S. Fund — Class 1 Shares |
75,919 | 156,652 | ||||||
| S&P 500® Index V.I.S. Fund — Class 1 Shares |
783,352 | 1,170,670 | ||||||
| Small-Cap Equity V.I.S. Fund — Class 1 Shares |
192,353 | 161,319 | ||||||
| Total Return V.I.S. Fund — Class 1 Shares |
912,820 | 847,852 | ||||||
| Total Return V.I.S. Fund — Class 3 Shares |
2,537,720 | 6,555,983 | ||||||
| U.S. Equity V.I.S. Fund — Class 1 Shares |
87,184 | 27,857 | ||||||
F-67
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Fund/Portfolio |
Cost of Shares Acquired |
Proceeds from Shares Sold |
||||||
| The Alger Portfolios |
||||||||
| Alger Large Cap Growth Portfolio — Class I-2 Shares |
$ | 28,808 | $ | 24,634 | ||||
| Alger Small Cap Growth Portfolio — Class I-2 Shares |
4,049 | 29,539 | ||||||
| The Prudential Series Fund |
||||||||
| PSF Natural Resources Portfolio — Class II Shares |
8,173 | 352,711 | ||||||
| PSF PGIM Jennison Blend Portfolio — Class II Shares |
504,856 | 192,334 | ||||||
| PSF PGIM Jennison Growth Portfolio — Class II Shares |
— | 7,035 | ||||||
| (4) | Related Party Transactions |
(a) GLICNY
Net purchase payments (premiums) transferred from GLICNY to the Separate Account represent gross premiums recorded by GLICNY on its flexible premium variable deferred and immediate annuity contracts, less deductions retained as compensation for premium taxes. For contracts issued on or after May 1, 1993, the deduction for premium taxes is deferred until the contracts are surrendered.
Some contracts permit contract owners to elect to allocate assets to a Guarantee Account that is part of the General Account of GLICNY. Amounts allocated to the Guarantee Account earn interest at the interest rate in effect at the time of such allocation or transfer. The interest rate remains in effect for a guaranteed period of time (at least a period of one year), after which a new rate may be declared. Contract owners may transfer amounts from the Guarantee Account to the subaccounts of the Separate Account and in certain instances transfer amounts from the subaccounts of the Separate Account to the Guarantee Account.
Generally, charges are assessed under the contracts to cover surrenders, certain administrative expenses, and the mortality and expense risks that GLICNY assumes, as well as any additional benefits provided under the contract such as optional benefits, as applicable. The surrender charges are assessed to cover certain expenses relating to the sale of a contract. The fees charged to cover administrative expenses and mortality and expense risk charges, as well as through certain electable rider options, are assessed through the daily unit value calculation. Those fees are assessed on the contract owner’s daily average net assets in the Separate Account. Other charges assessed to cover certain other administrative expenses, as well as certain optional riders, are assessed by the redemption of units. Note 6 presents the total charge percentage by unit in a range. The unit class may encompass multiple contracts through a combination of one or more electable rider options equal to the total amount assessed on a daily basis.
The Separate Account assesses charges associated with the contracts issued. These charges are either assessed as a direct reduction in unit values or through a redemption of units for all contracts contained within the Separate Account.
| Mortality and Expense Risk Charge (including benefit rider options)
This charge is assessed through a reduction in unit values. |
1.00% — 2.80% of the daily value of the assets invested in each Portfolio (fund). | |
| Administrative Charge
This charge is assessed through a reduction in unit values. |
0.15% — 0.25% of the daily value of the assets invested in each fund. | |
| Annual Administrative Charge
This charge is assessed through a redemption in units. |
$0 — $30 per contract year invested in each fund. | |
| Surrender Charge
This charge is assessed through a redemption in units. |
0.00% — 9.00% on the value of the accumulation units purchased. | |
F-68
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
(b) Accrued Expenses Payable to Affiliate
Charges and deductions made under the contracts for services and benefits unpaid at year-end are accrued and payable to GLICNY.
(c) Bonus Credit
For certain contracts, transfers from the General Account for payments by GLICNY were paid in the form of bonus credits. Bonus credits are amounts that are added by GLICNY to the premium payments received from contract owners.
(d) Capital Brokerage Corporation
Capital Brokerage Corporation (“CBC”), an affiliate of GLICNY, is a Washington corporation registered with the SEC under the Securities Exchange Act of 1934 as a broker-dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”). CBC serves as the distributor and principal underwriter for variable annuity contracts and variable life insurance policies issued by GLICNY. GLICNY pays commissions and other marketing related expenses to CBC. Certain officers and directors of GLICNY are also officers and directors of CBC.
| (5) | Capital Transactions |
All dividends and capital gain distributions of the Portfolios are automatically reinvested in shares of the distributing Portfolios at their net asset value on the date of distribution. In other words, Portfolio dividends or Portfolio distributions are not paid to contract owners as additional units, but instead are reflected in unit values.
The increase (decrease) in outstanding units and amounts by subaccount from capital transactions for the years or lesser periods ended December 31, 2025 and 2024 is reflected in the Statements of Changes in Net Assets.
| (6) | Financial Highlights |
GLICNY’s variable annuity products have unique combinations of features and fees that are assessed to the contract owner. Differences in fee structures result in a variety of contract expense rates, unit values, and total returns. A summary by subaccount of the outstanding units, unit values, net assets, expense ratios, investment income ratios and total return ratios for the years or lesser periods ended December 31, 2025, 2024, 2023, 2022, and 2021 follows. This information is presented as a range based upon product grouping. Expenses as a percent of average net assets are presented as a range of lowest to highest contract expense rate. The unit value and total return ranges are presented to correlate to the respective expense rate. Accordingly, some individual contract amounts may not be within the ranges presented due to the timing of the introduction of new funds.
F-69
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
Financial highlights are only disclosed for Portfolios that were available to contract owners as of December 31, 2025. Portfolios liquidated in the current year (see note 1) are not included.
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| AB Variable Products Series Fund, Inc. |
| |||||||||||||||||||||||
| AB VPS Balanced Hedged |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.70% | 110,043 | 19.99 to 12.65 | 1,998 | 1.89% | 15.66% to 14.20% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 129,405 | 17.28 to 11.08 | 2,044 | 1.76% | 6.99% to 5.63% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 139,676 | 16.15 to 10.49 | 2,072 | 0.90% | 11.03% to 9.63% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 151,656 | 14.55 to 9.57 | 2,039 | 3.08% | (20.34)% to (21.35)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 172,424 | 18.26 to 12.17 | 2,930 | 0.26% | 11.72% to 10.30% | ||||||||||||||||||
| AB VPS International Value Portfolio — Class B |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.85% | 28,398 | 16.92 to 14.68 | 442 | 2.26% | 39.23% to 38.66% | ||||||||||||||||||
| 2024 |
1.45% to 1.85% | 32,909 | 12.15 to 10.59 | 362 | 0.97% | 3.28% to 2.86% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 364,227 | 7.01 to 10.54 | 2,680 | 1.11% | 13.51% to 11.45% | ||||||||||||||||||
| 2022 |
1.45% to 1.85% | 41,456 | 10.40 to 9.13 | 382 | 1.06% | (15.04)% to (15.39)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 491,301 | 7.25 to 11.30 | 3,790 | 1.97% | 9.58% to 7.59% | ||||||||||||||||||
| AB VPS Large Cap Growth Portfolio — Class B |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.85% | 17,327 | 57.39 to 65.86 | 1,049 | 0.00% | 11.22% to 10.76% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 21,600 | 51.60 to 19.73 | 1,150 | 0.00% | 23.13% to 21.56% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 25,603 | 41.91 to 16.23 | 1,118 | 0.00% | 32.84% to 31.16% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 27,183 | 31.55 to 12.38 | 890 | 0.00% | (29.72)% to (30.61)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 26,758 | 44.89 to 17.83 | 1,250 | 0.00% | 26.79% to 25.18% | ||||||||||||||||||
| AB VPS Relative Value Portfolio — Class B |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.85% | 46,083 | 51.27 to 34.39 | 1,730 | 0.86% | 8.66% to 8.16% | ||||||||||||||||||
| 2024 |
1.40% to 2.70% | 62,624 | 47.18 to 14.61 | 2,150 | 1.39% | 11.18% to 9.70% | ||||||||||||||||||
| 2023 |
1.40% to 2.70% | 88,319 | 42.44 to 13.32 | 2,764 | 1.27% | 10.16% to 8.71% | ||||||||||||||||||
| 2022 |
1.40% to 2.70% | 98,030 | 38.52 to 12.25 | 2,818 | 1.11% | (5.75)% to (6.99)% | ||||||||||||||||||
| 2021 |
1.40% to 2.70% | 113,681 | 40.88 to 13.17 | 3,453 | 0.62% | 26.05% to 24.39% | ||||||||||||||||||
| AB VPS Small Cap Growth Portfolio — Class B |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.80% | 7,051 | 50.17 to 49.79 | 298 | 0.00% | 2.94% to 2.57% | ||||||||||||||||||
| 2024 |
1.45% to 1.80% | 7,271 | 48.74 to 48.54 | 301 | 0.00% | 16.72% to 16.30% | ||||||||||||||||||
| 2023 |
1.45% to 1.80% | 13,523 | 41.76 to 41.74 | 524 | 0.00% | 16.02% to 15.61% | ||||||||||||||||||
| 2022 |
1.45% to 1.80% | 15,489 | 35.99 to 36.10 | 520 | 0.00% | (40.14)% to (40.36)% | ||||||||||||||||||
| 2021 |
1.45% to 1.80% | 16,101 | 60.13 to 60.53 | 921 | 0.00% | 7.62% to 7.24% | ||||||||||||||||||
| AB VPS Sustainable Global Thematic Portfolio — Class B |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.70% | 1,363 | 37.73 to 28.40 | 50 | 0.00% | 4.49% to 4.22% | ||||||||||||||||||
| 2024 |
1.45% to 1.70% | 1,357 | 36.11 to 27.25 | 48 | 0.00% | 4.41% to 4.15% | ||||||||||||||||||
| 2023 |
1.45% to 1.70% | 1,585 | 34.58 to 26.16 | 53 | 0.03% | 14.03% to 13.74% | ||||||||||||||||||
| 2022 |
1.45% to 1.70% | 2,106 | 30.33 to 16.29 | 60 | 0.00% | (28.22)% to (28.41)% | ||||||||||||||||||
| 2021 |
1.45% to 1.70% | 2,320 | 42.25 to 22.75 | 91 | 0.00% | 20.80% to 20.49% | ||||||||||||||||||
F-70
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| AIM Variable Insurance Funds (Invesco Variable Insurance Funds) |
||||||||||||||||||||||||
| Invesco V.I. American Franchise Fund — Series I shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.70% | 4,623 | 50.54 to 49.21 | 231 | 0.00% | 10.05% to 9.77% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 10,145 | 45.93 to 19.82 | 437 | 0.00% | 32.92% to 31.23% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 12,181 | 34.55 to 15.11 | 394 | 0.00% | 38.89% to 37.14% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 12,375 | 24.88 to 11.02 | 290 | 0.00% | (32.11)% to (32.97)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 11,602 | 36.64 to 16.43 | 407 | 0.00% | 10.30% to 8.90% | ||||||||||||||||||
| Invesco V.I. American Franchise Fund — Series II shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.70% | 1,181 | 56.42 to 64.78 | 68 | 0.00% | 9.77% to 9.49% | ||||||||||||||||||
| 2024 |
1.45% to 1.70% | 1,319 | 51.40 to 59.16 | 69 | 0.00% | 32.60% to 32.26% | ||||||||||||||||||
| 2023 |
1.45% to 1.70% | 10,417 | 38.76 to 44.73 | 393 | 0.00% | 38.57% to 38.22% | ||||||||||||||||||
| 2022 |
1.45% to 1.70% | 10,889 | 27.97 to 32.36 | 297 | 0.00% | (32.29)% to (32.46)% | ||||||||||||||||||
| 2021 |
1.45% to 1.70% | 10,692 | 41.31 to 47.92 | 432 | 0.00% | 10.03% to 9.75% | ||||||||||||||||||
| Invesco V.I. American Value Fund — Series II shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.80% | 33,493 | 17.42 to 17.13 | 580 | 0.23% | 19.01% to 18.59% | ||||||||||||||||||
| 2024 |
1.45% to 1.80% | 32,954 | 14.63 to 14.44 | 480 | 0.84% | 28.20% to 27.74% | ||||||||||||||||||
| 2023 |
1.45% to 1.80% | 47,004 | 11.42 to 11.31 | 535 | 0.40% | 13.62% to 13.22% | ||||||||||||||||||
| 2022 |
1.45% to 1.80% | 44,687 | 10.05 to 9.99 | 448 | 0.49% | (4.27)% to (4.61)% | ||||||||||||||||||
| 2021 (4) |
1.45% to 1.80% | 38,004 | 10.49 to 10.47 | 398 | 0.24% | 4.95% to 4.70% | ||||||||||||||||||
| Invesco V.I. Comstock Fund — Series II shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 112,140 | 35.86 to 17.89 | 3,884 | 1.57% | 15.80% to 13.69% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 108,112 | 30.97 to 15.74 | 3,277 | 1.33% | 13.54% to 11.46% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 157,069 | 27.27 to 14.12 | 4,234 | 2.21% | 10.81% to 8.80% | ||||||||||||||||||
| 2022 |
1.45% to 1.85% | 38,605 | 33.55 to 26.17 | 1,164 | 1.17% | (0.61)% to (1.02)% | ||||||||||||||||||
| 2021 |
1.45% to 2.25% | 52,083 | 33.76 to 21.13 | 1,577 | 1.57% | 31.12% to 30.05% | ||||||||||||||||||
| Invesco V.I. Core Equity Fund — Series I shares 2025 |
1.15% to 2.95% | 336,652 | 35.14 to 18.55 | 10,761 | 0.68% | 14.83% to 12.74% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 341,887 | 30.60 to 16.46 | 9,601 | 0.84% | 24.15% to 21.88% | ||||||||||||||||||
| 2023 |
1.45% to 1.70% | 15,487 | 27.89 to 22.54 | 407 | 0.11% | 21.58% to 21.27% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 583,672 | 20.21 to 11.28 | 10,924 | 0.86% | (21.46)% to (22.89)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 685,931 | 25.73 to 14.62 | 16,469 | 0.79% | 26.27% to 23.97% | ||||||||||||||||||
| Invesco V.I. Core Plus Bond Fund — Series I shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 55,247 | 10.59 to 10.59 | 585 | 4.34% | 5.59% to 5.59% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 53,067 | 10.03 to 10.03 | 532 | 3.81% | 1.61% to 1.61% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 47,733 | 9.87 to 9.87 | 471 | 2.83% | 4.66% to 4.66% | ||||||||||||||||||
| 2022 (5) |
1.40% to 1.40% | 35,770 | 9.43 to 9.43 | 337 | 0.97% | (5.69)% to (5.69)% | ||||||||||||||||||
F-71
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| Invesco V.I. Discovery Large Cap Fund — Series I shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 1,734 | 66.80 to 66.80 | 116 | 0.00% | 11.22% to 11.22% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 2,574 | 60.06 to 60.06 | 155 | 0.00% | 32.27% to 32.27% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 2,697 | 45.41 to 45.41 | 123 | 0.00% | 33.49% to 33.49% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 2,777 | 34.01 to 34.01 | 94 | 0.00% | (31.75)% to (31.75)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 3,420 | 49.84 to 49.84 | 170 | 0.00% | 20.86% to 20.86% | ||||||||||||||||||
| Invesco V.I. Discovery Large Cap Fund — Series II Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.70% | 20,565 | 69.10 to 21.59 | 1,159 | 0.00% | 10.90% to 9.50% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 18,727 | 62.31 to 19.72 | 992 | 0.00% | 31.88% to 30.20% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 22,718 | 47.25 to 15.14 | 896 | 0.00% | 33.08% to 31.40% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 23,907 | 35.51 to 11.52 | 713 | 0.00% | (31.96)% to (32.83)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 22,265 | 52.19 to 17.16 | 1,010 | 0.00% | 20.51% to 18.98% | ||||||||||||||||||
| Invesco V.I. Discovery Mid Cap Growth Fund — Series I shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 3,846 | 46.01 to 46.01 | 177 | 0.00% | 3.32% to 3.32% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 4,331 | 44.53 to 44.53 | 193 | 0.00% | 22.48% to 22.48% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 4,365 | 36.36 to 36.36 | 159 | 0.00% | 11.57% to 11.57% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 4,560 | 32.58 to 32.58 | 149 | 0.00% | (31.95)% to (31.95)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 4,605 | 47.88 to 47.88 | 220 | 0.00% | 17.43% to 17.43% | ||||||||||||||||||
| Invesco V.I. Discovery Mid Cap Growth Fund — Series II shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 2,755 | 55.30 to 53.42 | 148 | 0.00% | 3.02% to 2.86% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 2,755 | 53.68 to 51.93 | 144 | 0.00% | 22.12% to 21.93% | ||||||||||||||||||
| 2023 |
1.45% to 2.30% | 3,374 | 43.96 to 23.03 | 133 | 0.00% | 11.22% to 10.26% | ||||||||||||||||||
| 2022 |
1.45% to 2.30% | 3,375 | 39.52 to 20.89 | 120 | 0.00% | (32.13)% to (32.71)% | ||||||||||||||||||
| 2021 |
1.45% to 2.30% | 3,858 | 58.23 to 31.05 | 194 | 0.00% | 17.07% to 16.06% | ||||||||||||||||||
| Invesco V.I. EQV International Equity Fund — Series II shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 174,269 | 15.66 to 11.86 | 2,773 | 1.16% | 14.89% to 12.80% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 205,272 | 13.63 to 10.51 | 2,845 | 2.46% | (0.82)% to (2.63)% | ||||||||||||||||||
| 2023 |
1.15% to 1.85% | 37,182 | 13.74 to 20.37 | 633 | 0.00% | 16.52% to 15.69% | ||||||||||||||||||
| 2022 |
1.15% to 1.85% | 41,078 | 11.79 to 17.61 | 600 | 1.46% | (19.44)% to (20.01)% | ||||||||||||||||||
| 2021 |
1.15% to 2.25% | 43,789 | 14.64 to 14.42 | 792 | 1.03% | 4.39% to 3.23% | ||||||||||||||||||
| Invesco V.I. Equity and Income Fund — Series I shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 2,963 | 11.83 to 11.83 | 35 | 2.14% | 11.23% to 11.23% | ||||||||||||||||||
| 2024 (7) |
1.40% to 1.40% | 2,970 | 10.63 to 10.63 | 32 | 1.71% | 6.34% to 6.34% | ||||||||||||||||||
| Invesco V.I. Equity and Income Fund — Series II shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.95% | 102,938 | 26.77 to 14.46 | 2,045 | 1.83% | 10.89% to 9.20% | ||||||||||||||||||
| 2024 |
1.45% to 2.95% | 116,939 | 24.14 to 13.25 | 2,160 | 1.95% | 10.28% to 8.59% | ||||||||||||||||||
| 2023 |
1.45% to 2.95% | 35,687 | 21.82 to 12.20 | 689 | 1.75% | 8.64% to 7.00% | ||||||||||||||||||
| 2022 |
1.45% to 2.95% | 37,230 | 20.09 to 11.40 | 666 | 1.39% | (9.05)% to (10.43)% | ||||||||||||||||||
| 2021 |
1.45% to 2.95% | 42,867 | 22.08 to 12.73 | 848 | 1.64% | 16.64% to 14.86% | ||||||||||||||||||
F-72
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| Invesco V.I. Global Fund — Series II shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.05% | 84,652 | 49.12 to 29.98 | 3,046 | 0.00% | 13.35% to 12.66% | ||||||||||||||||||
| 2024 |
1.45% to 2.05% | 99,257 | 43.34 to 26.62 | 3,172 | 0.00% | 14.10% to 13.40% | ||||||||||||||||||
| 2023 |
1.45% to 2.05% | 115,794 | 37.99 to 23.47 | 3,289 | 0.00% | 32.50% to 31.70% | ||||||||||||||||||
| 2022 |
1.45% to 2.05% | 139,255 | 28.67 to 17.82 | 2,988 | 0.00% | (32.92)% to (33.33)% | ||||||||||||||||||
| 2021 |
1.45% to 2.05% | 147,247 | 42.74 to 26.73 | 4,887 | 0.00% | 13.50% to 12.81% | ||||||||||||||||||
| Invesco V.I. Global Real Estate Fund — Series II shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.45% | 272 | 16.64 to 16.64 | 5 | 0.26% | 6.05% to 6.05% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 17,627 | 15.69 to 7.82 | 190 | 2.52% | (3.54)% to (4.77)% | ||||||||||||||||||
| 2023 |
1.45% to 1.45% | 276 | 16.26 to 16.26 | 4 | 1.23% | 7.25% to 7.25% | ||||||||||||||||||
| 2022 |
1.45% to 1.45% | 278 | 15.17 to 15.17 | 4 | 2.57% | (26.23)% to (26.23)% | ||||||||||||||||||
| 2021 |
1.45% to 1.45% | 281 | 20.56 to 20.56 | 6 | 0.62% | 23.62% to 23.62% | ||||||||||||||||||
| Invesco V.I. Global Strategic Income Fund — Series I shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 307 | 11.42 to 11.42 | 4 | 5.78% | 11.40% to 11.40% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 323 | 10.25 to 10.25 | 3 | 2.89% | 1.71% to 1.71% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 367 | 10.08 to 10.08 | 4 | 0.00% | 7.37% to 7.37% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 486 | 9.39 to 9.39 | 5 | 0.00% | (12.70)% to (12.70)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 888 | 10.75 to 10.75 | 10 | 4.80% | (4.76)% to (4.76)% | ||||||||||||||||||
| Invesco V.I. Main Street Fund® — Series II shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 353,202 | 39.51 to 17.86 | 12,712 | 0.31% | 14.31% to 12.23% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 406,194 | 34.56 to 15.92 | 12,915 | 0.00% | 21.96% to 19.73% | ||||||||||||||||||
| 2023 |
1.45% to 1.80% | 46,883 | 33.23 to 32.79 | 1,500 | 0.13% | 21.05% to 20.63% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 560,942 | 23.34 to 11.15 | 12,269 | 0.97% | (21.23)% to (22.66)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 757,232 | 29.63 to 14.42 | 21,068 | 0.78% | 25.77% to 23.48% | ||||||||||||||||||
| Invesco V.I. Main Street Small Cap Fund® — Series II shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 91,955 | 36.91 to 15.89 | 3,471 | 0.23% | 7.19% to 5.24% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 105,094 | 34.43 to 15.10 | 3,754 | 0.00% | 11.10% to 9.07% | ||||||||||||||||||
| 2023 |
1.45% to 1.85% | 29,244 | 57.27 to 32.92 | 1,328 | 0.93% | 16.12% to 15.65% | ||||||||||||||||||
| 2022 |
1.45% to 1.85% | 32,176 | 49.32 to 28.46 | 1,269 | 0.22% | (17.26)% to (17.59)% | ||||||||||||||||||
| 2021 |
1.45% to 2.25% | 39,621 | 59.61 to 27.37 | 1,954 | 0.12% | 20.49% to 19.51% | ||||||||||||||||||
| Allspring Variable Trust |
||||||||||||||||||||||||
| Allspring VT Discovery All Cap Growth Fund — Class 2 |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.65% | 4,669 | 60.54 to 58.66 | 279 | 0.00% | 13.60% to 13.37% | ||||||||||||||||||
| 2024 |
1.45% to 1.65% | 4,442 | 53.29 to 51.75 | 233 | 0.00% | 19.24% to 18.99% | ||||||||||||||||||
| 2023 |
1.45% to 1.65% | 10,968 | 44.69 to 43.49 | 482 | 0.00% | 31.24% to 30.98% | ||||||||||||||||||
| 2022 |
1.45% to 1.65% | 11,400 | 34.05 to 33.20 | 382 | 0.00% | (38.11)% to (38.24)% | ||||||||||||||||||
| 2021 |
1.45% to 1.65% | 11,024 | 55.02 to 53.75 | 598 | 0.00% | 13.30% to 13.07% | ||||||||||||||||||
F-73
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| BNY Mellon |
||||||||||||||||||||||||
| BNY Mellon Investment Portfolios — MidCap Stock Portfolio — Initial Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 204 | 53.07 to 51.22 | 11 | 1.11% | 8.47% to 8.31% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 6,639 | 48.92 to 14.18 | 193 | 0.06% | 10.97% to 9.56% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 439 | 44.08 to 42.68 | 19 | 0.78% | 16.60% to 16.42% | ||||||||||||||||||
| 2022 |
1.45% to 1.60% | 434 | 37.81 to 36.66 | 16 | 0.73% | (15.32)% to (15.45)% | ||||||||||||||||||
| 2021 |
1.45% to 1.60% | 463 | 44.65 to 43.35 | 20 | 0.53% | 24.06% to 23.87% | ||||||||||||||||||
| BNY Mellon Sustainable U.S. Equity Portfolio, Inc. — Initial Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 610 | 42.18 to 47.71 | 29 | 0.25% | 14.29% to 14.12% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 607 | 36.90 to 41.81 | 25 | 1.06% | 23.07% to 22.88% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 30,940 | 29.98 to 14.69 | 916 | 0.08% | 22.03% to 20.49% | ||||||||||||||||||
| 2022 |
1.45% to 1.60% | 2,913 | 24.57 to 27.92 | 73 | 0.60% | (23.99)% to (24.10)% | ||||||||||||||||||
| 2021 |
1.45% to 1.60% | 4,820 | 32.33 to 36.79 | 158 | 0.85% | 25.16% to 24.97% | ||||||||||||||||||
| BNY Mellon Variable Investment Fund — Government Money Market Portfolio |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.05% | 80,993 | 9.97 to 8.83 | 800 | 3.80% | 2.42% to 1.80% | ||||||||||||||||||
| 2024 |
1.45% to 2.05% | 83,748 | 9.73 to 8.67 | 807 | 4.58% | 3.24% to 2.61% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 43,033 | 9.43 to 9.13 | 401 | 4.49% | 3.08% to 2.93% | ||||||||||||||||||
| 2022 |
1.45% to 1.80% | 44,669 | 9.14 to 8.51 | 404 | 1.22% | (0.20)% to (0.55)% | ||||||||||||||||||
| 2021 |
1.45% to 1.80% | 50,952 | 9.16 to 8.55 | 462 | 0.01% | (1.44)% to (1.79)% | ||||||||||||||||||
| BlackRock Variable Series Funds, Inc. |
||||||||||||||||||||||||
| BlackRock Advantage SMID Cap V.I. Fund — Class III Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.70% | 1,897 | 42.62 to 30.05 | 75 | 1.58% | 9.27% to 8.99% | ||||||||||||||||||
| 2024 |
1.45% to 1.70% | 3,000 | 39.00 to 27.57 | 110 | 1.34% | 10.08% to 9.80% | ||||||||||||||||||
| 2023 |
1.45% to 1.70% | 6,112 | 35.43 to 25.11 | 204 | 1.87% | 16.92% to 16.62% | ||||||||||||||||||
| 2022 |
1.45% to 1.70% | 7,158 | 30.31 to 21.53 | 201 | 1.67% | (17.88)% to (18.09)% | ||||||||||||||||||
| 2021 |
1.45% to 1.70% | 7,460 | 36.91 to 26.29 | 256 | 1.08% | 11.71% to 11.42% | ||||||||||||||||||
| BlackRock Basic Value V.I. Fund — Class III Shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.10% | 16,542 | 30.97 to 32.79 | 529 | 1.74% | 22.61% to 21.44% | ||||||||||||||||||
| 2024 |
1.15% to 2.10% | 20,898 | 25.25 to 27.00 | 537 | 0.58% | 8.78% to 7.73% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 128,796 | 23.22 to 12.95 | 2,799 | 1.51% | 14.91% to 12.82% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 143,543 | 20.20 to 11.48 | 2,722 | 0.94% | (6.21)% to (7.92)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 232,276 | 21.54 to 12.46 | 4,689 | 1.78% | 19.94% to 17.76% | ||||||||||||||||||
| BlackRock Global Allocation V.I. Fund — Class III Shares |
||||||||||||||||||||||||
| 2025 |
1.35% to 2.95% | 1,267,115 | 20.50 to 13.82 | 25,352 | 3.90% | 17.90% to 15.99% | ||||||||||||||||||
| 2024 |
1.35% to 2.95% | 1,540,819 | 17.39 to 11.91 | 26,255 | 1.38% | 7.45% to 5.70% | ||||||||||||||||||
| 2023 |
1.35% to 2.95% | 1,820,193 | 16.19 to 11.27 | 29,129 | 2.42% | 10.98% to 9.18% | ||||||||||||||||||
| 2022 |
1.35% to 2.95% | 2,066,719 | 14.58 to 10.32 | 30,036 | 0.00% | (17.21)% to (18.55)% | ||||||||||||||||||
| 2021 |
1.35% to 2.95% | 2,347,826 | 17.62 to 12.67 | 41,292 | 0.81% | 4.98% to 3.28% | ||||||||||||||||||
F-74
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| BlackRock Large Cap Focus Growth V.I. Fund — Class III Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 2,343 | 70.94 to 68.64 | 161 | 0.00% | 9.87% to 9.70% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 2,866 | 64.57 to 62.57 | 180 | 0.00% | 29.47% to 29.28% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 3,271 | 49.87 to 48.40 | 159 | 0.00% | 50.27% to 50.04% | ||||||||||||||||||
| 2022 |
1.45% to 1.60% | 3,363 | 33.19 to 32.26 | 109 | 0.00% | (39.15)% to (39.24)% | ||||||||||||||||||
| 2021 |
1.45% to 1.60% | 3,248 | 54.54 to 53.09 | 173 | 0.00% | 16.07% to 15.90% | ||||||||||||||||||
| Columbia Funds Variable Series Trust II |
||||||||||||||||||||||||
| CTIVP® — Principal Large Cap Growth Fund — Class 1 |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.85% | 15,854 | 34.03 to 32.72 | 535 | 0.00% | 12.13% to 11.67% | ||||||||||||||||||
| 2024 |
1.45% to 1.85% | 23,878 | 30.35 to 29.30 | 719 | 0.00% | 19.65% to 19.16% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 510,622 | 25.96 to 14.67 | 12,436 | 0.00% | 37.94% to 35.44% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 417,193 | 18.82 to 10.83 | 7,408 | 0.00% | (28.83)% to (30.13)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 77,131 | 26.45 to 15.50 | 1,959 | 0.00% | 17.21% to 15.08% | ||||||||||||||||||
| Columbia Variable Portfolio — Overseas Core Fund — Class 2 |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.85% | 44,161 | 18.80 to 18.08 | 824 | 1.79% | 35.86% to 35.31% | ||||||||||||||||||
| 2024 |
1.45% to 1.85% | 54,657 | 13.84 to 13.36 | 751 | 5.53% | 1.73% to 1.32% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 231,063 | 13.93 to 11.18 | 3,088 | 1.71% | 14.00% to 11.93% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 258,961 | 12.21 to 9.99 | 3,051 | 0.69% | (15.88)% to (17.41)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 230,942 | 14.52 to 12.10 | 3,254 | 0.61% | 8.48% to 6.51% | ||||||||||||||||||
| Deutsche DWS Variable Series II |
||||||||||||||||||||||||
| DWS Small Mid Cap Value VIP — Class B Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.70% | 8,435 | 53.09 to 13.65 | 256 | 0.18% | 16.14% to 14.67% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 1,537 | 45.72 to 44.19 | 68 | 0.83% | 4.25% to 4.09% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 1,922 | 43.85 to 42.45 | 82 | 0.79% | 12.93% to 12.76% | ||||||||||||||||||
| 2022 |
1.45% to 1.60% | 1,927 | 38.83 to 37.65 | 73 | 0.47% | (17.35)% to (17.48)% | ||||||||||||||||||
| 2021 |
1.45% to 1.60% | 1,933 | 46.98 to 45.62 | 89 | 0.86% | 28.16% to 27.96% | ||||||||||||||||||
| Eaton Vance Variable Trust |
||||||||||||||||||||||||
| VT Floating-Rate Income Fund |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 190,661 | 16.39 to 10.77 | 2,871 | 6.71% | 2.76% to 0.89% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 211,905 | 15.95 to 10.67 | 3,129 | 7.86% | 6.43% to 4.49% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 222,686 | 14.99 to 10.21 | 3,108 | 8.17% | 9.94% to 7.94% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 248,904 | 13.63 to 9.46 | 3,178 | 4.85% | (3.85)% to (5.60)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 177,595 | 14.18 to 10.02 | 2,409 | 2.91% | 2.43% to 0.57% | ||||||||||||||||||
| Federated Hermes Insurance Series |
||||||||||||||||||||||||
| Federated Hermes High Income Bond Fund II — Primary Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 7 | 29.00 to 29.00 | — | 6.37% | 6.72% to 6.72% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 8 | 27.18 to 27.18 | — | 5.79% | 4.77% to 4.77% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 9 | 25.94 to 25.94 | — | 6.08% | 11.15% to 11.15% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 10 | 23.34 to 23.34 | — | 6.35% | (13.01)% to (13.01)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 13 | 26.83 to 26.83 | — | 4.87% | 3.38% to 3.38% | ||||||||||||||||||
F-75
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| Federated Hermes High Income Bond Fund II — Service Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.10% | 17,139 | 29.62 to 20.69 | 484 | 6.37% | 6.62% to 5.91% | ||||||||||||||||||
| 2024 |
1.45% to 2.10% | 21,597 | 27.78 to 19.54 | 563 | 5.26% | 4.31% to 3.62% | ||||||||||||||||||
| 2023 |
1.45% to 2.10% | 26,757 | 26.63 to 18.85 | 660 | 5.63% | 10.84% to 10.11% | ||||||||||||||||||
| 2022 |
1.45% to 2.10% | 28,941 | 24.03 to 17.12 | 644 | 5.43% | (13.19)% to (13.77)% | ||||||||||||||||||
| 2021 |
1.45% to 2.10% | 31,165 | 27.68 to 19.85 | 800 | 4.73% | 2.93% to 2.25% | ||||||||||||||||||
| Federated Hermes Kaufmann Fund II — Service Shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 93,303 | 29.03 to 11.78 | 2,640 | 0.00% | 9.98% to 7.98% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 108,329 | 26.40 to 10.91 | 2,833 | 0.19% | 15.42% to 13.31% | ||||||||||||||||||
| 2023 |
1.45% to 1.70% | 16,938 | 48.74 to 20.91 | 622 | 0.00% | 13.20% to 12.91% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 140,530 | 20.14 to 8.64 | 2,862 | 0.00% | (31.06)% to (32.31)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 55,153 | 29.22 to 12.76 | 1,914 | 0.00% | 1.09% to (0.75)% | ||||||||||||||||||
| Federated Hermes Managed Volatility Fund II — Primary Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 1,300 | 23.79 to 23.79 | 31 | 2.83% | 5.54% to 5.54% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 1,288 | 22.54 to 22.54 | 29 | 2.14% | 13.93% to 13.93% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 1,271 | 19.79 to 19.79 | 25 | 2.02% | 7.17% to 7.17% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 1,710 | 18.46 to 18.46 | 32 | 1.88% | (14.96)% to (14.96)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 2,273 | 21.71 to 21.71 | 49 | 1.83% | 16.86% to 16.86% | ||||||||||||||||||
| Fidelity® Variable Insurance Products Fund |
||||||||||||||||||||||||
| VIP Asset Manager 50% Portfolio — Initial Class |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 4,162 | 30.01 to 30.01 | 125 | 2.57% | 13.38% to 13.38% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 4,184 | 26.46 to 26.46 | 111 | 2.44% | 6.97% to 6.97% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 4,436 | 24.74 to 24.74 | 110 | 2.38% | 11.37% to 11.37% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 4,610 | 22.22 to 22.22 | 102 | 2.03% | (16.12)% to (16.12)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 4,786 | 26.49 to 26.49 | 127 | 1.64% | 8.38% to 8.38% | ||||||||||||||||||
| VIP Asset Manager 50% Portfolio — Service Class 2 |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.85% | 1,724 | 26.24 to 23.28 | 44 | 2.38% | 12.99% to 12.53% | ||||||||||||||||||
| 2024 |
1.45% to 1.85% | 1,843 | 23.23 to 20.69 | 42 | 2.28% | 6.66% to 6.22% | ||||||||||||||||||
| 2023 |
1.45% to 1.85% | 1,963 | 21.78 to 19.47 | 42 | 2.14% | 11.02% to 10.57% | ||||||||||||||||||
| 2022 |
1.45% to 1.85% | 2,091 | 19.62 to 17.61 | 40 | 1.85% | (16.38)% to (16.72)% | ||||||||||||||||||
| 2021 |
1.45% to 1.85% | 2,197 | 23.46 to 21.15 | 50 | 1.38% | 8.09% to 7.65% | ||||||||||||||||||
| VIP Balanced Portfolio — Service Class 2 |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.95% | 108,075 | 37.51 to 16.85 | 3,109 | 1.32% | 13.29% to 11.57% | ||||||||||||||||||
| 2024 |
1.45% to 2.95% | 179,538 | 33.11 to 15.10 | 4,619 | 1.64% | 13.94% to 12.20% | ||||||||||||||||||
| 2023 |
1.45% to 2.95% | 224,555 | 29.06 to 13.46 | 5,104 | 1.52% | 19.48% to 17.67% | ||||||||||||||||||
| 2022 |
1.45% to 2.95% | 257,430 | 24.32 to 11.44 | 4,943 | 1.03% | (19.37)% to (20.60)% | ||||||||||||||||||
| 2021 |
1.45% to 2.95% | 281,229 | 30.16 to 14.41 | 6,803 | 0.72% | 16.28% to 14.51% | ||||||||||||||||||
F-76
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| VIP Contrafund® Portfolio — Initial Class |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 10,500 | 103.20 to 103.20 | 1,083 | 0.14% | 19.78% to 19.78% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 10,704 | 86.15 to 86.15 | 922 | 0.19% | 31.91% to 31.91% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 10,967 | 65.31 to 65.31 | 716 | 0.48% | 31.59% to 31.59% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 11,875 | 49.63 to 49.63 | 589 | 0.48% | (27.34)% to (27.34)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 14,087 | 68.31 to 68.31 | 962 | 0.06% | 26.05% to 26.05% | ||||||||||||||||||
| VIP Contrafund® Portfolio — Service Class 2 |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 383,923 | 50.52 to 23.29 | 20,827 | 0.00% | 19.80% to 17.62% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 464,521 | 42.17 to 19.80 | 21,073 | 0.03% | 31.90% to 29.49% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 577,228 | 31.97 to 15.29 | 19,811 | 0.33% | 31.59% to 29.20% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 331,379 | 24.30 to 11.83 | 9,704 | 0.27% | (27.33)% to (28.65)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 296,730 | 33.43 to 16.58 | 13,107 | 0.03% | 26.05% to 23.75% | ||||||||||||||||||
| VIP Dynamic Capital Appreciation Portfolio — Service Class 2 |
||||||||||||||||||||||||
| 2025 |
1.60% to 1.65% | 250 | 82.92 to 50.37 | 17 | 0.43% | 16.59% to 16.54% | ||||||||||||||||||
| 2024 |
1.60% to 1.65% | 253 | 71.12 to 43.22 | 15 | 0.07% | 23.18% to 23.12% | ||||||||||||||||||
| 2023 |
1.60% to 1.65% | 631 | 57.74 to 35.10 | 34 | 0.12% | 26.67% to 26.61% | ||||||||||||||||||
| 2022 |
1.60% to 1.65% | 650 | 45.58 to 27.73 | 27 | 0.10% | (22.31)% to (22.35)% | ||||||||||||||||||
| 2021 |
1.60% to 1.70% | 833 | 58.67 to 52.17 | 45 | 0.11% | 22.28% to 22.16% | ||||||||||||||||||
| VIP Equity-Income PortfolioSM — Initial Class |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 5,960 | 48.18 to 48.18 | 287 | 1.85% | 17.36% to 17.36% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 5,987 | 41.05 to 41.05 | 246 | 1.67% | 13.72% to 13.72% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 7,389 | 36.10 to 36.10 | 267 | 1.95% | 9.11% to 9.11% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 7,597 | 33.08 to 33.08 | 251 | 1.84% | (6.28)% to (6.28)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 8,024 | 35.30 to 35.30 | 283 | 1.90% | 23.15% to 23.15% | ||||||||||||||||||
| VIP Equity-Income PortfolioSM — Service Class 2 |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.85% | 67,046 | 39.01 to 33.81 | 2,298 | 1.57% | 17.03% to 16.55% | ||||||||||||||||||
| 2024 |
1.45% to 1.85% | 80,851 | 33.33 to 29.01 | 2,367 | 1.56% | 13.38% to 12.92% | ||||||||||||||||||
| 2023 |
1.45% to 1.85% | 91,712 | 29.40 to 25.69 | 2,370 | 1.20% | 8.78% to 8.34% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 230,402 | 20.97 to 12.31 | 4,966 | 1.83% | (6.33)% to (8.03)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 209,091 | 22.39 to 13.38 | 4,970 | 0.90% | 23.17% to 20.93% | ||||||||||||||||||
| VIP Growth & Income Portfolio — Initial Class |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 4,488 | 57.56 to 57.56 | 258 | 1.56% | 19.80% to 19.80% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 5,837 | 48.05 to 48.05 | 280 | 1.46% | 20.49% to 20.49% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 6,184 | 39.88 to 39.88 | 247 | 1.54% | 17.06% to 17.06% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 7,663 | 34.06 to 34.06 | 261 | 1.67% | (6.28)% to (6.28)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 8,451 | 36.34 to 36.34 | 307 | 2.19% | 24.19% to 24.19% | ||||||||||||||||||
F-77
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| VIP Growth & Income Portfolio — Service Class 2 |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.70% | 15,105 | 50.76 to 36.96 | 690 | 1.35% | 19.45% to 19.15% | ||||||||||||||||||
| 2024 |
1.45% to 1.70% | 16,750 | 42.49 to 31.02 | 638 | 1.26% | 20.18% to 19.88% | ||||||||||||||||||
| 2023 |
1.45% to 1.80% | 18,552 | 35.36 to 34.33 | 583 | 1.45% | 16.65% to 16.24% | ||||||||||||||||||
| 2022 |
1.45% to 1.80% | 21,121 | 30.31 to 29.53 | 565 | 1.36% | (6.55)% to (6.88)% | ||||||||||||||||||
| 2021 |
1.45% to 1.80% | 25,831 | 32.43 to 31.71 | 744 | 2.17% | 23.82% to 23.38% | ||||||||||||||||||
| VIP Growth Opportunities Portfolio — Initial Class |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 1,209 | 85.33 to 85.33 | 103 | 0.00% | 20.25% to 20.25% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 1,232 | 70.97 to 70.97 | 87 | 0.00% | 36.93% to 36.93% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 1,348 | 51.82 to 51.82 | 70 | 0.00% | 43.62% to 43.62% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 2,332 | 36.08 to 36.08 | 84 | 0.00% | (39.01)% to (39.01)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 2,391 | 59.17 to 59.17 | 141 | 0.00% | 10.38% to 10.38% | ||||||||||||||||||
| VIP Growth Opportunities Portfolio — Service Class 2 |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.70% | 4,972 | 86.47 to 26.19 | 342 | 0.00% | 19.87% to 18.35% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 5,307 | 72.13 to 22.13 | 301 | 0.00% | 36.54% to 34.80% | ||||||||||||||||||
| 2023 |
1.45% to 1.70% | 4,958 | 52.83 to 51.25 | 259 | 0.00% | 43.20% to 42.84% | ||||||||||||||||||
| 2022 |
1.45% to 1.70% | 6,149 | 36.89 to 35.88 | 224 | 0.00% | (39.21)% to (39.37)% | ||||||||||||||||||
| 2021 |
1.45% to 1.70% | 5,363 | 60.69 to 59.18 | 322 | 0.00% | 10.05% to 9.77% | ||||||||||||||||||
| VIP Growth Portfolio — Initial Class |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 8,062 | 83.18 to 83.18 | 671 | 0.30% | 13.29% to 13.29% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 8,171 | 73.42 to 73.42 | 600 | 0.00% | 28.55% to 28.55% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 8,390 | 57.11 to 57.11 | 479 | 0.11% | 34.34% to 34.34% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 10,619 | 42.51 to 42.51 | 452 | 0.61% | (25.51)% to (25.51)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 11,105 | 57.07 to 57.07 | 634 | 0.00% | 21.49% to 21.49% | ||||||||||||||||||
| VIP Growth Portfolio — Service Class 2 |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.85% | 17,848 | 63.77 to 72.39 | 1,192 | 0.05% | 12.95% to 12.49% | ||||||||||||||||||
| 2024 |
1.45% to 1.85% | 18,120 | 56.46 to 64.35 | 1,072 | 0.00% | 28.18% to 27.66% | ||||||||||||||||||
| 2023 |
1.45% to 1.85% | 19,797 | 44.04 to 50.41 | 917 | 0.00% | 33.93% to 33.38% | ||||||||||||||||||
| 2022 |
1.45% to 1.85% | 20,879 | 32.89 to 37.79 | 723 | 0.35% | (25.74)% to (26.04)% | ||||||||||||||||||
| 2021 |
1.45% to 1.85% | 22,132 | 44.28 to 51.10 | 1,031 | 0.00% | 21.12% to 20.63% | ||||||||||||||||||
| VIP Investment Grade Bond Portfolio — Service Class 2 |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 522,243 | 14.50 to 9.14 | 6,743 | 3.40% | 5.70% to 3.78% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 583,627 | 13.72 to 8.81 | 7,190 | 4.65% | 0.32% to (1.51)% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 213,557 | 13.68 to 8.94 | 2,660 | 1.57% | 4.78% to 2.88% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 458,977 | 13.05 to 8.69 | 5,453 | 1.70% | (14.21)% to (15.77)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 700,775 | 15.21 to 10.32 | 9,767 | 1.79% | (2.04)% to (3.82)% | ||||||||||||||||||
| VIP Mid Cap Portfolio — Service Class 2 |
||||||||||||||||||||||||
| 2025 |
1.40% to 2.70% | 55,504 | 81.67 to 16.55 | 3,082 | 0.18% | 9.93% to 8.48% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 143,933 | 30.19 to 15.04 | 5,484 | 0.40% | 15.82% to 13.70% | ||||||||||||||||||
| 2023 |
1.40% to 1.85% | 72,573 | 64.31 to 32.94 | 3,353 | 0.38% | 13.20% to 12.68% | ||||||||||||||||||
| 2022 |
1.40% to 1.85% | 78,620 | 56.81 to 29.23 | 3,230 | 0.26% | (16.15)% to (16.54)% | ||||||||||||||||||
| 2021 |
1.40% to 2.25% | 86,870 | 67.76 to 27.14 | 4,233 | 0.34% | 23.56% to 22.49% | ||||||||||||||||||
F-78
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| VIP Overseas Portfolio — Initial Class |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 5,062 | 27.29 to 27.29 | 138 | 1.59% | 18.71% to 18.71% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 5,295 | 22.99 to 22.99 | 122 | 1.62% | 3.57% to 3.57% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 5,544 | 22.20 to 22.20 | 123 | 1.06% | 18.83% to 18.83% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 5,555 | 18.68 to 18.68 | 104 | 1.08% | (25.54)% to (25.54)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 5,564 | 25.09 to 25.09 | 140 | 0.53% | 18.03% to 18.03% | ||||||||||||||||||
| VIP Value Strategies Portfolio — Service Class 2 |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.70% | 1,245 | 42.49 to 28.86 | 46 | 0.78% | 6.14% to 5.87% | ||||||||||||||||||
| 2024 |
1.45% to 1.70% | 1,696 | 40.03 to 27.26 | 62 | 0.76% | 7.57% to 7.30% | ||||||||||||||||||
| 2023 |
1.45% to 1.70% | 1,844 | 37.22 to 25.41 | 62 | 0.92% | 18.86% to 18.56% | ||||||||||||||||||
| 2022 |
1.45% to 1.70% | 1,920 | 31.31 to 21.43 | 54 | 0.84% | (8.69)% to (8.92)% | ||||||||||||||||||
| 2021 |
1.45% to 1.70% | 2,168 | 34.29 to 23.53 | 67 | 1.27% | 31.41% to 31.08% | ||||||||||||||||||
| Franklin Templeton Variable Insurance Products Trust |
||||||||||||||||||||||||
| Franklin Allocation VIP Fund — Class 2 Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.95% | 302,582 | 19.29 to 12.86 | 5,377 | 1.98% | 10.97% to 9.28% | ||||||||||||||||||
| 2024 |
1.45% to 2.95% | 360,927 | 17.39 to 11.77 | 5,805 | 2.06% | 7.56% to 5.91% | ||||||||||||||||||
| 2023 |
1.45% to 2.95% | 413,463 | 16.16 to 11.11 | 6,201 | 1.46% | 12.96% to 11.24% | ||||||||||||||||||
| 2022 |
1.45% to 2.95% | 454,526 | 14.31 to 9.99 | 6,060 | 1.68% | (17.22)% to (18.47)% | ||||||||||||||||||
| 2021 |
1.45% to 2.95% | 552,268 | 17.29 to 12.25 | 8,958 | 1.75% | 10.06% to 8.39% | ||||||||||||||||||
| Franklin Income VIP Fund — Class 2 Shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 904,981 | 22.26 to 12.52 | 17,559 | 5.12% | 11.26% to 9.24% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 1,119,608 | 20.01 to 11.46 | 19,658 | 5.21% | 5.96% to 4.02% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 1,336,332 | 18.88 to 11.01 | 22,533 | 5.19% | 7.38% to 5.43% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 1,501,331 | 17.58 to 10.45 | 23,914 | 4.86% | (6.56)% to (8.26)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 1,838,116 | 18.82 to 11.39 | 31,788 | 4.68% | 15.41% to 13.31% | ||||||||||||||||||
| Franklin Large Cap Growth VIP Fund — Class 2 Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 3,455 | 61.79 to 59.63 | 211 | 0.00% | 5.66% to 5.50% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 3,527 | 58.47 to 56.52 | 204 | 0.00% | 24.46% to 24.27% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 4,226 | 46.98 to 45.48 | 196 | 0.00% | 38.41% to 38.20% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 11,724 | 33.94 to 10.08 | 331 | 0.00% | (37.46)% to (38.25)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 8,909 | 54.27 to 16.32 | 426 | 0.00% | 13.60% to 12.16% | ||||||||||||||||||
| Franklin Mutual Shares VIP Fund — Class 2 Shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 136,341 | 21.16 to 13.01 | 2,889 | 2.02% | 10.24% to 8.23% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 156,294 | 19.19 to 12.02 | 3,018 | 1.91% | 9.98% to 7.97% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 192,769 | 17.45 to 11.13 | 3,536 | 1.87% | 12.16% to 10.13% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 211,868 | 15.56 to 10.11 | 3,464 | 0.66% | (8.49)% to (10.16)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 1,129,185 | 17.00 to 11.25 | 18,792 | 4.78% | 17.80% to 15.65% | ||||||||||||||||||
F-79
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| Templeton Foreign VIP Fund — Class 1 Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | — | 20.71 to 20.71 | — | 0.00% | 27.70% to 27.70% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | — | 16.21 to 16.21 | — | 0.00% | (2.19)% to (2.19)% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | — | 16.58 to 16.58 | — | 0.00% | 19.41% to 19.41% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | — | 13.88 to 13.88 | — | 0.00% | (8.68)% to (8.68)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | — | 15.20 to 15.20 | — | 0.00% | 2.98% to 2.98% | ||||||||||||||||||
| Templeton Foreign VIP Fund — Class 2 Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 7,242 | 27.69 to 26.72 | 197 | 2.32% | 27.32% to 27.13% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 7,820 | 21.74 to 21.02 | 167 | 2.48% | (2.44)% to (2.59)% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 9,636 | 22.29 to 21.58 | 210 | 3.19% | 19.01% to 18.83% | ||||||||||||||||||
| 2022 |
1.45% to 1.60% | 10,033 | 18.73 to 18.16 | 184 | 3.16% | (8.94)% to (9.08)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 17,670 | 20.57 to 10.26 | 291 | 1.46% | 2.65% to 1.35% | ||||||||||||||||||
| Templeton Global Bond VIP Fund — Class 1 Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 135 | 15.47 to 15.47 | 2 | 0.00% | 14.46% to 14.46% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 135 | 13.51 to 13.51 | 2 | 0.00% | (12.38)% to (12.38)% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 1,985 | 15.42 to 15.42 | 31 | 0.00% | 1.76% to 1.76% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 2,213 | 15.16 to 15.16 | 34 | 0.00% | (6.18)% to (6.18)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 2,612 | 16.16 to 16.16 | 42 | 0.00% | (5.96)% to (5.96)% | ||||||||||||||||||
| Templeton Growth VIP Fund — Class 2 Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.70% | 30,920 | 18.41 to 13.99 | 515 | 0.87% | 22.03% to 20.49% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 38,691 | 15.09 to 11.61 | 527 | 0.94% | 3.87% to 2.54% | ||||||||||||||||||
| 2023 |
1.45% to 1.70% | 33,559 | 14.52 to 12.75 | 458 | 3.33% | 19.26% to 18.96% | ||||||||||||||||||
| 2022 |
1.45% to 1.70% | 35,504 | 12.18 to 10.72 | 406 | 0.16% | (12.78)% to (13.01)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 55,869 | 13.96 to 11.17 | 722 | 0.88% | 3.35% to 2.04% | ||||||||||||||||||
| Goldman Sachs Variable Insurance Trust |
||||||||||||||||||||||||
| Goldman Sachs Government Money Market Fund — Service Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 2.70% | 521,489 | 10.00 to 9.80 | 5,120 | 3.81% | 2.49% to 1.14% | ||||||||||||||||||
| 2024 |
1.40% to 2.30% | 593,979 | 9.75 to 8.70 | 5,691 | 4.73% | 3.43% to 2.49% | ||||||||||||||||||
| 2023 |
1.40% to 2.20% | 623,044 | 9.43 to 8.59 | 5,762 | 4.65% | 3.33% to 2.49% | ||||||||||||||||||
| 2022 |
1.40% to 2.70% | 891,955 | 9.13 to 9.31 | 8,031 | 1.48% | (0.04)% to (1.36)% | ||||||||||||||||||
| 2021 |
1.40% to 2.70% | 619,430 | 9.13 to 9.44 | 5,600 | 0.01% | (1.39)% to (2.69)% | ||||||||||||||||||
| Goldman Sachs Large Cap Value Fund — Institutional Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 5,389 | 34.60 to 34.60 | 186 | 1.10% | 9.33% to 9.33% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 5,769 | 31.65 to 31.65 | 183 | 1.41% | 15.45% to 15.45% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 6,074 | 27.41 to 27.41 | 167 | 1.80% | 11.44% to 11.44% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 6,166 | 24.60 to 24.60 | 152 | 1.37% | (7.68)% to (7.68)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 6,166 | 26.64 to 26.64 | 164 | 0.98% | 22.40% to 22.40% | ||||||||||||||||||
F-80
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| Goldman Sachs Mid Cap Value Fund — Institutional Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.85% | 4,230 | 82.50 to 35.06 | 241 | 1.20% | 7.86% to 7.37% | ||||||||||||||||||
| 2024 |
1.40% to 1.85% | 5,281 | 76.48 to 32.65 | 292 | 1.02% | 10.81% to 10.31% | ||||||||||||||||||
| 2023 |
1.40% to 1.85% | 5,412 | 69.02 to 29.60 | 272 | 1.02% | 9.87% to 9.36% | ||||||||||||||||||
| 2022 |
1.40% to 1.85% | 5,931 | 62.82 to 27.07 | 271 | 0.62% | (11.24)% to (11.65)% | ||||||||||||||||||
| 2021 |
1.40% to 1.85% | 7,079 | 70.78 to 30.64 | 386 | 0.46% | 29.12% to 28.53% | ||||||||||||||||||
| Janus Aspen Series |
||||||||||||||||||||||||
| Janus Henderson Balanced Portfolio — Institutional Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 10,562 | 63.13 to 63.13 | 667 | 2.04% | 13.50% to 13.50% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 10,864 | 55.63 to 55.63 | 604 | 2.07% | 13.80% to 13.80% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 11,272 | 48.88 to 48.88 | 551 | 2.07% | 13.80% to 13.80% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 13,747 | 42.95 to 42.95 | 590 | 1.37% | (17.57)% to (17.57)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 15,887 | 52.10 to 52.10 | 828 | 1.12% | 15.56% to 15.56% | ||||||||||||||||||
| Janus Henderson Balanced Portfolio — Service Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.95% | 197,838 | 45.03 to 15.00 | 6,499 | 1.68% | 13.16% to 11.44% | ||||||||||||||||||
| 2024 |
1.45% to 2.95% | 229,498 | 39.79 to 13.46 | 6,720 | 1.73% | 13.47% to 11.73% | ||||||||||||||||||
| 2023 |
1.45% to 2.95% | 271,518 | 35.07 to 12.05 | 6,989 | 1.75% | 13.47% to 11.75% | ||||||||||||||||||
| 2022 |
1.45% to 2.95% | 305,325 | 30.91 to 10.78 | 6,971 | 1.06% | (17.82)% to (19.07)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 362,580 | 28.81 to 13.32 | 10,160 | 0.87% | 15.56% to 13.46% | ||||||||||||||||||
| Janus Henderson Enterprise Portfolio — Institutional Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 10,071 | 82.24 to 82.24 | 828 | 0.32% | 6.17% to 6.17% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 10,308 | 77.47 to 77.47 | 799 | 0.74% | 13.98% to 13.98% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 10,547 | 67.97 to 67.97 | 717 | 0.16% | 16.43% to 16.43% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 11,157 | 58.38 to 58.38 | 651 | 0.38% | (17.11)% to (17.11)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 11,854 | 70.43 to 70.43 | 835 | 0.32% | 15.20% to 15.20% | ||||||||||||||||||
| Janus Henderson Enterprise Portfolio — Service Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 2,101 | 58.52 to 78.47 | 128 | 0.18% | 5.86% to 5.70% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 2,033 | 55.28 to 74.24 | 117 | 0.63% | 13.64% to 13.47% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 2,005 | 48.65 to 65.43 | 102 | 0.09% | 16.07% to 15.90% | ||||||||||||||||||
| 2022 |
1.45% to 1.60% | 1,986 | 41.91 to 56.45 | 87 | 0.27% | (17.36)% to (17.49)% | ||||||||||||||||||
| 2021 |
1.45% to 1.60% | 2,025 | 50.72 to 68.42 | 107 | 0.24% | 14.85% to 14.68% | ||||||||||||||||||
| Janus Henderson Flexible Bond Portfolio — Institutional Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 12 | 22.39 to 22.39 | — | 5.25% | 5.90% to 5.90% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 12 | 21.15 to 21.15 | — | 4.91% | 0.52% to 0.52% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 12 | 21.04 to 21.04 | — | 0.98% | 4.03% to 4.03% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 175 | 20.22 to 20.22 | 4 | 2.63% | (14.86)% to (14.86)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 184 | 23.75 to 23.75 | 4 | 2.70% | (2.28)% to (2.28)% | ||||||||||||||||||
F-81
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| Janus Henderson Forty Portfolio — Institutional Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 8,945 | 124.26 to 124.26 | 1,112 | 0.30% | 16.49% to 16.49% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 9,196 | 106.67 to 106.67 | 981 | 0.11% | 26.66% to 26.66% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 9,495 | 84.22 to 84.22 | 800 | 0.16% | 38.01% to 38.01% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 12,938 | 61.02 to 61.02 | 790 | 0.19% | (34.48)% to (34.48)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 13,970 | 93.14 to 93.14 | 1,301 | 0.49% | 21.18% to 21.18% | ||||||||||||||||||
| Janus Henderson Forty Portfolio — Service Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.70% | 14,802 | 84.27 to 60.06 | 1,125 | 0.27% | 16.15% to 15.86% | ||||||||||||||||||
| 2024 |
1.45% to 1.70% | 17,799 | 72.55 to 51.84 | 1,172 | 0.01% | 26.27% to 25.95% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 103,385 | 38.10 to 15.10 | 4,128 | 0.12% | 38.05% to 35.55% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 112,276 | 27.60 to 11.14 | 3,272 | 0.07% | (34.49)% to (35.68)% | ||||||||||||||||||
| 2021 |
1.45% to 1.70% | 27,787 | 63.91 to 46.02 | 1,555 | 0.55% | 20.82% to 20.52% | ||||||||||||||||||
| Janus Henderson Global Research Portfolio — Institutional Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 6,564 | 40.25 to 40.25 | 264 | 0.74% | 19.23% to 19.23% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 6,942 | 33.76 to 33.76 | 234 | 0.75% | 21.84% to 21.84% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 7,200 | 27.71 to 27.71 | 199 | 0.88% | 25.01% to 25.01% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 9,234 | 22.16 to 22.16 | 205 | 1.62% | (20.54)% to (20.54)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 9,791 | 27.89 to 27.89 | 273 | 0.51% | 16.44% to 16.44% | ||||||||||||||||||
| Janus Henderson Global Research Portfolio — Service Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 4,208 | 31.26 to 35.44 | 138 | 0.57% | 18.85% to 18.67% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 4,723 | 26.30 to 29.86 | 132 | 0.60% | 21.47% to 21.29% | ||||||||||||||||||
| 2023 |
1.45% to 1.65% | 5,062 | 21.65 to 20.68 | 116 | 0.75% | 24.64% to 24.39% | ||||||||||||||||||
| 2022 |
1.45% to 1.65% | 5,688 | 17.37 to 16.62 | 105 | 1.46% | (20.77)% to (20.93)% | ||||||||||||||||||
| 2021 |
1.45% to 1.65% | 7,491 | 21.92 to 21.03 | 177 | 0.36% | 16.09% to 15.85% | ||||||||||||||||||
| Janus Henderson Global Technology and Innovation Portfolio — Service Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.80% | — | 89.60 to 106.38 | — | 0.00% | 23.03% to 22.60% | ||||||||||||||||||
| 2024 |
1.45% to 1.80% | — | 72.83 to 86.77 | — | 0.00% | 29.84% to 29.37% | ||||||||||||||||||
| 2023 |
1.45% to 1.80% | — | 56.09 to 67.07 | — | 0.00% | 52.05% to 51.51% | ||||||||||||||||||
| 2022 |
1.45% to 1.80% | — | 36.89 to 44.27 | — | 0.00% | (38.03)% to (38.25)% | ||||||||||||||||||
| 2021 |
1.60% to 1.60% | 215 | 74.64 to 74.64 | 16 | 0.67% | 15.86% to 15.86% | ||||||||||||||||||
| Janus Henderson Overseas Portfolio — Institutional Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 2,404 | 41.26 to 41.26 | 99 | 1.44% | 27.07% to 27.07% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 2,488 | 32.47 to 32.47 | 81 | 1.35% | 4.34% to 4.34% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 2,646 | 31.12 to 31.12 | 82 | 1.39% | 9.33% to 9.33% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 4,004 | 28.46 to 28.46 | 114 | 1.76% | (9.88)% to (9.88)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 4,236 | 31.59 to 31.59 | 134 | 1.07% | 12.00% to 12.00% | ||||||||||||||||||
F-82
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| Janus Henderson Overseas Portfolio — Service Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.80% | 2,922 | 31.32 to 33.76 | 100 | 1.34% | 26.72% to 26.27% | ||||||||||||||||||
| 2024 |
1.45% to 1.80% | 2,944 | 24.72 to 26.74 | 79 | 1.30% | 4.04% to 3.67% | ||||||||||||||||||
| 2023 |
1.45% to 1.80% | 3,012 | 23.76 to 25.79 | 78 | 1.43% | 8.99% to 8.60% | ||||||||||||||||||
| 2022 |
1.45% to 1.80% | 3,283 | 21.80 to 23.75 | 78 | 1.69% | (10.16)% to (10.47)% | ||||||||||||||||||
| 2021 |
1.45% to 1.80% | 3,335 | 24.27 to 26.53 | 88 | 1.03% | 11.65% to 11.25% | ||||||||||||||||||
| Janus Henderson Research Portfolio — Institutional Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 9,135 | 68.42 to 68.42 | 625 | 0.12% | 16.73% to 16.73% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 10,496 | 58.61 to 58.61 | 615 | 0.03% | 33.41% to 33.41% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 10,754 | 43.94 to 43.94 | 472 | 0.14% | 41.18% to 41.18% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 11,788 | 31.12 to 31.12 | 367 | 0.71% | (30.87)% to (30.87)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 12,415 | 45.02 to 45.02 | 559 | 0.10% | 18.65% to 18.65% | ||||||||||||||||||
| Janus Henderson Research Portfolio — Service Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.45% | 212 | 52.12 to 52.12 | 11 | 0.13% | 16.39% to 16.39% | ||||||||||||||||||
| 2024 |
1.45% to 1.45% | 238 | 44.78 to 44.78 | 11 | 0.00% | 32.99% to 32.99% | ||||||||||||||||||
| 2023 |
1.45% to 1.45% | 296 | 33.67 to 33.67 | 10 | 0.06% | 40.75% to 40.75% | ||||||||||||||||||
| 2022 |
1.45% to 1.45% | 289 | 23.92 to 23.92 | 7 | 0.59% | (31.08)% to (31.08)% | ||||||||||||||||||
| 2021 |
1.45% to 1.45% | 1,377 | 34.71 to 34.71 | 48 | 0.02% | 18.31% to 18.31% | ||||||||||||||||||
| Legg Mason Partners Variable Equity Trust |
||||||||||||||||||||||||
| ClearBridge Variable Dividend Strategy Portfolio — Class I |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | — | 38.04 to 38.04 | — | 0.00% | 11.04% to 11.04% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | — | 34.26 to 34.26 | — | 0.00% | 15.20% to 15.20% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | — | 29.74 to 29.74 | — | 0.00% | 12.60% to 12.60% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | — | 26.41 to 26.41 | — | 0.00% | (9.38)% to (9.38)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | — | 29.14 to 29.14 | — | 0.00% | 25.03% to 25.03% | ||||||||||||||||||
| ClearBridge Variable Dividend Strategy Portfolio — Class II |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.70% | 2,078 | 36.70 to 16.94 | 47 | 1.95% | 10.83% to 9.43% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 6,166 | 33.11 to 15.48 | 171 | 1.14% | 14.99% to 13.52% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 6,724 | 28.80 to 13.64 | 162 | 1.96% | 12.36% to 10.94% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 7,216 | 25.63 to 12.29 | 156 | 1.11% | (9.56)% to (10.70)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 10,608 | 28.34 to 13.77 | 258 | 1.32% | 24.78% to 23.20% | ||||||||||||||||||
| ClearBridge Variable Growth Portfolio — Class II |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.80% | 2,777 | 50.60 to 46.68 | 137 | 0.00% | 11.46% to 11.07% | ||||||||||||||||||
| 2024 |
1.45% to 1.80% | 2,831 | 45.40 to 42.03 | 126 | 0.12% | 10.78% to 10.39% | ||||||||||||||||||
| 2023 |
1.45% to 1.80% | 3,152 | 40.98 to 38.08 | 127 | 0.07% | 22.34% to 21.91% | ||||||||||||||||||
| 2022 |
1.45% to 1.80% | 3,463 | 33.50 to 31.23 | 114 | 0.00% | (27.65)% to (27.91)% | ||||||||||||||||||
| 2021 |
1.45% to 1.80% | 5,856 | 46.30 to 43.32 | 269 | 0.17% | 8.45% to 8.06% | ||||||||||||||||||
F-83
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| ClearBridge Variable Large Cap Value Portfolio — Class I |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.85% | 10,078 | 21.31 to 20.37 | 211 | 1.13% | 8.60% to 8.16% | ||||||||||||||||||
| 2024 |
1.45% to 1.85% | 11,231 | 19.62 to 18.84 | 217 | 1.28% | 6.50% to 6.07% | ||||||||||||||||||
| 2023 |
1.45% to 1.85% | 10,518 | 18.42 to 17.76 | 191 | 1.27% | 13.43% to 12.97% | ||||||||||||||||||
| 2022 |
1.45% to 1.85% | 12,596 | 16.24 to 15.72 | 202 | 1.32% | (7.78)% to (8.16)% | ||||||||||||||||||
| 2021 |
1.45% to 1.85% | 13,339 | 17.61 to 17.11 | 233 | 1.07% | 24.38% to 23.88% | ||||||||||||||||||
| Lincoln Variable Insurance Products Trust |
||||||||||||||||||||||||
| LVIP American Century Disciplined Core Value Fund — Standard Class II |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 891 | 50.90 to 49.12 | 45 | 1.73% | 13.19% to 13.02% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 901 | 44.96 to 43.46 | 40 | 1.33% | 11.44% to 11.27% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 1,055 | 40.35 to 39.06 | 42 | 1.52% | 7.08% to 6.92% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 11,816 | 37.68 to 11.81 | 283 | 1.86% | (14.00)% to (15.09)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 7,944 | 43.81 to 13.90 | 219 | 0.98% | 21.86% to 20.31% | ||||||||||||||||||
| LVIP American Century Inflation Protection Fund — Service Class |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 215,731 | 13.47 to 9.50 | 2,655 | 7.15% | 5.11% to 3.19% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 239,208 | 12.81 to 9.21 | 2,821 | 3.73% | 0.36% to (1.47)% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 242,366 | 12.77 to 9.34 | 2,867 | 3.32% | 2.21% to 0.36% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 251,713 | 12.49 to 9.31 | 2,934 | 5.01% | (14.08)% to (15.64)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 228,671 | 14.53 to 11.04 | 3,114 | 3.12% | 5.05% to 3.13% | ||||||||||||||||||
| LVIP American Century International Fund — Standard Class II |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.70% | 10,155 | 32.19 to 12.62 | 195 | 1.18% | 14.30% to 12.85% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 12,054 | 28.16 to 11.18 | 199 | 1.58% | 1.11% to (0.18)% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 13,158 | 27.85 to 11.20 | 221 | 1.16% | 10.94% to 9.54% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 9,741 | 25.10 to 10.23 | 149 | 1.46% | (25.84)% to (26.78)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 10,394 | 33.85 to 13.97 | 209 | 0.23% | 7.17% to 5.81% | ||||||||||||||||||
| LVIP American Century Ultra® Fund — Standard Class II |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 7,098 | 93.51 to 90.25 | 642 | 0.00% | 11.21% to 11.04% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 7,370 | 84.09 to 81.28 | 601 | 0.00% | 26.92% to 26.73% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 7,845 | 66.25 to 64.14 | 504 | 0.00% | 41.44% to 41.22% | ||||||||||||||||||
| 2022 |
1.45% to 1.60% | 8,133 | 46.84 to 45.42 | 370 | 0.00% | (33.36)% to (33.46)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 9,890 | 70.29 to 19.00 | 633 | 0.00% | 21.37% to 19.84% | ||||||||||||||||||
| LVIP American Century Value Fund — Standard Class II |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 3,074 | 54.11 to 52.22 | 166 | 1.61% | 14.34% to 14.17% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 3,320 | 47.32 to 45.74 | 156 | 2.39% | 7.89% to 7.72% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 14,928 | 43.86 to 13.40 | 476 | 2.33% | 7.52% to 6.16% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 14,308 | 40.79 to 12.62 | 448 | 2.08% | (0.91)% to (2.17)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 10,543 | 41.17 to 12.90 | 361 | 1.56% | 22.71% to 21.15% | ||||||||||||||||||
F-84
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| LVIP JPMorgan Core Bond Fund — Standard Class |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.70% | 77,255 | 14.87 to 9.22 | 1,045 | 3.51% | 5.85% to 4.50% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 84,351 | 14.05 to 8.82 | 1,079 | 4.52% | 0.24% to (1.04)% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 76,493 | 14.01 to 8.91 | 986 | 3.66% | 4.38% to 3.05% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 88,377 | 13.43 to 8.65 | 1,090 | 1.99% | (13.84)% to (14.93)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 102,978 | 15.58 to 10.17 | 1,456 | 2.38% | (2.79)% to (4.02)% | ||||||||||||||||||
| LVIP JPMorgan Mid Cap Value Fund — Standard Class |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.70% | 18,706 | 53.22 to 14.10 | 708 | 1.12% | 3.20% to 1.89% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 19,927 | 51.58 to 13.84 | 717 | 1.17% | 12.62% to 11.18% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 23,309 | 45.80 to 12.44 | 748 | 2.95% | 9.31% to 7.93% | ||||||||||||||||||
| 2022 |
1.45% to 1.60% | 12,945 | 41.90 to 41.03 | 533 | 0.96% | (9.49)% to (9.63)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 18,647 | 46.29 to 12.90 | 700 | 0.99% | 28.00% to 26.38% | ||||||||||||||||||
| LVIP JPMorgan Small Cap Core Fund — Standard Class |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 2,183 | 51.61 to 50.31 | 110 | 0.50% | 8.67% to 8.51% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 11,074 | 47.49 to 12.96 | 293 | 0.73% | 10.08% to 8.68% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 3,384 | 43.14 to 42.19 | 143 | 1.35% | 11.46% to 11.30% | ||||||||||||||||||
| 2022 |
1.45% to 1.80% | 3,817 | 38.70 to 36.86 | 145 | 0.45% | (20.52)% to (20.80)% | ||||||||||||||||||
| 2021 |
1.45% to 1.80% | 3,743 | 48.69 to 46.55 | 179 | 0.53% | 19.63% to 19.20% | ||||||||||||||||||
| LVIP JPMorgan U.S. Equity Fund — Standard Class |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.70% | 18,995 | 65.77 to 21.97 | 1,019 | 0.71% | 12.88% to 11.45% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 6,531 | 58.27 to 19.71 | 331 | 0.30% | 22.18% to 20.62% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 23,120 | 47.69 to 16.34 | 921 | 1.54% | 25.32% to 23.74% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 30,986 | 38.05 to 13.21 | 978 | 0.56% | (19.87)% to (20.89)% | ||||||||||||||||||
| 2021 |
1.45% to 2.70% | 39,215 | 47.49 to 16.70 | 1,466 | 0.71% | 27.47% to 25.85% | ||||||||||||||||||
| MFS® Variable Insurance Trust |
| |||||||||||||||||||||||
| MFS® Investors Trust Series — Service Class Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.70% | 5,500 | 45.00 to 54.12 | 260 | 0.59% | 11.68% to 11.40% | ||||||||||||||||||
| 2024 |
1.45% to 1.70% | 5,999 | 40.29 to 48.59 | 254 | 0.46% | 17.48% to 17.18% | ||||||||||||||||||
| 2023 |
1.45% to 1.70% | 6,450 | 34.29 to 41.46 | 232 | 0.45% | 16.95% to 16.65% | ||||||||||||||||||
| 2022 |
1.45% to 1.70% | 7,329 | 29.32 to 35.54 | 224 | 0.38% | (17.89)% to (18.10)% | ||||||||||||||||||
| 2021 |
1.45% to 1.70% | 10,470 | 35.72 to 43.40 | 392 | 0.41% | 24.67% to 24.36% | ||||||||||||||||||
| MFS® New Discovery Series — Service Class Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.85% | 9,434 | 40.14 to 41.79 | 381 | 0.00% | 10.93% to 10.48% | ||||||||||||||||||
| 2024 |
1.45% to 1.85% | 10,395 | 36.18 to 37.82 | 379 | 0.00% | 4.88% to 4.46% | ||||||||||||||||||
| 2023 |
1.45% to 1.85% | 10,404 | 34.50 to 36.21 | 361 | 0.00% | 12.60% to 12.15% | ||||||||||||||||||
| 2022 |
1.45% to 1.85% | 10,847 | 30.64 to 32.29 | 335 | 0.00% | (31.01)% to (31.29)% | ||||||||||||||||||
| 2021 |
1.40% to 1.85% | 11,216 | 66.59 to 46.99 | 508 | 0.00% | 0.15% to (0.31)% | ||||||||||||||||||
F-85
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| MFS® Total Return Series — Service Class Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.95% | 149,427 | 32.28 to 12.89 | 3,309 | 2.50% | 9.31% to 7.64% | ||||||||||||||||||
| 2024 |
1.45% to 2.95% | 169,765 | 29.53 to 11.98 | 3,434 | 2.24% | 5.89% to 4.27% | ||||||||||||||||||
| 2023 |
1.45% to 2.95% | 195,612 | 27.88 to 11.49 | 3,743 | 1.79% | 8.62% to 6.98% | ||||||||||||||||||
| 2022 |
1.45% to 2.95% | 222,594 | 25.67 to 10.74 | 4,030 | 1.45% | (11.14)% to (12.49)% | ||||||||||||||||||
| 2021 |
1.45% to 2.95% | 280,311 | 28.89 to 12.27 | 5,699 | 1.57% | 12.19% to 10.48% | ||||||||||||||||||
| MFS® Utilities Series — Service Class Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.70% | 16,985 | 46.36 to 22.73 | 641 | 2.60% | 13.09% to 12.81% | ||||||||||||||||||
| 2024 |
1.45% to 1.70% | 21,803 | 40.99 to 20.15 | 736 | 2.06% | 9.72% to 9.44% | ||||||||||||||||||
| 2023 |
1.45% to 1.70% | 24,662 | 37.36 to 18.41 | 752 | 3.37% | (3.74)% to (3.99)% | ||||||||||||||||||
| 2022 |
1.45% to 1.70% | 25,127 | 38.81 to 19.18 | 811 | 2.19% | (0.97)% to (1.23)% | ||||||||||||||||||
| 2021 |
1.45% to 1.80% | 39,878 | 39.19 to 48.60 | 1,380 | 1.52% | 12.17% to 11.77% | ||||||||||||||||||
| MFS® Variable Insurance Trust II |
| |||||||||||||||||||||||
| MFS® Income Portfolio — Service Class Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 2,025 | 11.97 to 11.75 | 24 | 4.09% | 5.54% to 5.38% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 2,224 | 11.34 to 11.15 | 25 | 3.75% | 1.41% to 1.26% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 2,589 | 11.18 to 11.01 | 29 | 3.59% | 5.81% to 5.65% | ||||||||||||||||||
| 2022 |
1.45% to 1.80% | 4,368 | 10.57 to 10.22 | 45 | 3.03% | (15.09)% to (15.40)% | ||||||||||||||||||
| 2021 |
1.45% to 1.80% | 4,589 | 12.45 to 12.08 | 56 | 2.48% | (1.35)% to (1.70)% | ||||||||||||||||||
| MFS® Massachusetts Investors Growth Stock Portfolio — Service Class Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.85% | 9,973 | 31.12 to 29.79 | 307 | 0.01% | 8.02% to 7.58% | ||||||||||||||||||
| 2024 |
1.45% to 2.70% | 25,609 | 28.81 to 16.95 | 702 | 0.14% | 14.29% to 12.83% | ||||||||||||||||||
| 2023 |
1.45% to 2.70% | 22,000 | 25.21 to 15.02 | 536 | 0.05% | 21.92% to 20.38% | ||||||||||||||||||
| 2022 |
1.45% to 2.70% | 25,670 | 20.68 to 12.48 | 514 | 0.00% | (20.61)% to (21.62)% | ||||||||||||||||||
| 2021 |
1.45% to 1.85% | 19,735 | 26.05 to 25.34 | 509 | 0.03% | 23.84% to 23.33% | ||||||||||||||||||
| PIMCO Variable Insurance Trust |
| |||||||||||||||||||||||
| All Asset Portfolio — Advisor Class Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.70% | 11,800 | 20.68 to 17.25 | 228 | 4.52% | 12.54% to 12.25% | ||||||||||||||||||
| 2024 |
1.45% to 1.70% | 12,778 | 18.38 to 15.36 | 218 | 6.32% | 2.06% to 1.80% | ||||||||||||||||||
| 2023 |
1.45% to 1.70% | 12,986 | 18.01 to 15.09 | 218 | 2.84% | 6.46% to 6.19% | ||||||||||||||||||
| 2022 |
1.45% to 1.70% | 14,054 | 16.91 to 14.21 | 222 | 7.52% | (13.14)% to (13.36)% | ||||||||||||||||||
| 2021 |
1.45% to 1.70% | 15,215 | 19.47 to 16.41 | 276 | 10.85% | 14.36% to 14.07% | ||||||||||||||||||
| High Yield Portfolio — Administrative Class Shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 135,584 | 21.84 to 10.98 | 2,871 | 6.27% | 7.70% to 5.74% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 152,630 | 20.27 to 10.39 | 3,002 | 5.83% | 5.65% to 3.72% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 180,453 | 19.19 to 10.01 | 3,384 | 5.66% | 10.93% to 8.92% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 196,759 | 17.30 to 9.19 | 3,421 | 5.09% | (11.31)% to (12.92)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 138,003 | 19.51 to 10.56 | 2,880 | 4.44% | 2.44% to 0.57% | ||||||||||||||||||
F-86
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| International Bond Portfolio (U.S. Dollar Hedged) — Administrative Class Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 430 | 20.44 to 19.05 | 8 | 3.48% | 2.45% to 2.29% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 425 | 19.95 to 18.62 | 8 | 3.62% | 3.92% to 3.77% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 386 | 19.20 to 17.95 | 7 | 2.58% | 7.44% to 7.28% | ||||||||||||||||||
| 2022 |
1.45% to 1.60% | 401 | 17.87 to 16.73 | 7 | 1.49% | (11.45)% to (11.59)% | ||||||||||||||||||
| 2021 |
1.45% to 1.80% | 1,317 | 20.18 to 18.17 | 24 | 1.62% | (3.38)% to (3.72)% | ||||||||||||||||||
| Long-Term U.S. Government Portfolio — Administrative Class Shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 271,787 | 14.81 to 7.00 | 3,672 | 3.26% | 5.07% to 3.15% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 262,559 | 14.10 to 6.78 | 3,433 | 2.73% | (7.10)% to (8.80)% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 528,357 | 15.17 to 7.44 | 7,371 | 2.38% | 2.79% to 0.92% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 568,406 | 14.76 to 7.37 | 7,771 | 2.05% | (29.69)% to (30.97)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 390,869 | 21.00 to 10.68 | 7,772 | 1.55% | (5.88)% to (7.59)% | ||||||||||||||||||
| Low Duration Portfolio — Administrative Class Shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 406,231 | 12.54 to 9.30 | 4,734 | 3.94% | 4.31% to 2.41% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 439,655 | 12.03 to 9.08 | 4,938 | 4.00% | 3.29% to 1.40% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 634,613 | 11.64 to 8.95 | 6,911 | 3.60% | 3.77% to 4 1.88% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 634,100 | 11.22 to 8.79 | 6,698 | 1.56% | (6.82)% to (8.51)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 946,074 | 12.04 to 9.60 | 10,756 | 0.52% | (2.07)% to (3.85)% | ||||||||||||||||||
| Total Return Portfolio — Administrative Class Shares |
||||||||||||||||||||||||
| 2025 |
1.15% to 2.95% | 673,488 | 15.64 to 9.16 | 9,973 | 4.10% | 7.64% to 5.68% | ||||||||||||||||||
| 2024 |
1.15% to 2.95% | 807,151 | 14.53 to 8.67 | 11,151 | 4.03% | 1.35% to (0.51)% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 760,870 | 14.33 to 8.71 | 10,522 | 3.56% | 4.72% to 2.82% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 622,055 | 13.69 to 8.47 | 8,500 | 2.54% | (15.28)% to (16.82)% | ||||||||||||||||||
| 2021 |
1.15% to 2.95% | 1,002,357 | 16.16 to 10.19 | 15,939 | 1.82% | (2.40)% to (4.18)% | ||||||||||||||||||
| Rydex Variable Trust |
| |||||||||||||||||||||||
| NASDAQ — 100® Fund |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 2,633 | 80.09 to 91.58 | 220 | 0.03% | 17.31% to 17.14% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 3,235 | 68.27 to 78.18 | 229 | 0.21% | 22.10% to 21.91% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 3,101 | 55.91 to 64.13 | 179 | 0.00% | 51.01% to 50.78% | ||||||||||||||||||
| 2022 |
1.45% to 1.60% | 3,519 | 37.03 to 42.53 | 135 | 0.00% | (35.10)% to (35.19)% | ||||||||||||||||||
| 2021 |
1.45% to 1.70% | 4,095 | 57.05 to 78.26 | 241 | 0.00% | 23.72% to 23.41% | ||||||||||||||||||
| State Street Variable Insurance Series Funds, Inc. |
||||||||||||||||||||||||
| Income V.I.S. Fund — Class 1 Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.80% | 26,191 | 15.76 to 12.14 | 318 | 3.74% | 4.43% to 4.01% | ||||||||||||||||||
| 2024 |
1.40% to 1.80% | 26,922 | 15.09 to 11.67 | 314 | 3.16% | (2.21)% to (2.61)% | ||||||||||||||||||
| 2023 |
1.40% to 1.80% | 27,780 | 15.43 to 11.99 | 331 | 2.03% | 3.22% to 2.80% | ||||||||||||||||||
| 2022 |
1.40% to 1.80% | 29,028 | 14.95 to 11.66 | 337 | 2.42% | (15.58)% to (15.92)% | ||||||||||||||||||
| 2021 |
1.40% to 1.80% | 33,651 | 17.71 to 13.87 | 467 | 2.26% | (3.19)% to (3.58)% | ||||||||||||||||||
F-87
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| Premier Growth Equity V.I.S. Fund — Class 1 Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.65% | 8,242 | 70.44 to 70.38 | 614 | 0.00% | 18.32% to 18.02% | ||||||||||||||||||
| 2024 |
1.40% to 1.65% | 8,658 | 59.53 to 59.64 | 546 | 0.00% | 29.21% to 28.88% | ||||||||||||||||||
| 2023 |
1.40% to 1.65% | 9,516 | 46.08 to 46.27 | 466 | 0.00% | 44.24% to 43.87% | ||||||||||||||||||
| 2022 |
1.40% to 1.80% | 11,762 | 31.94 to 32.75 | 398 | 0.00% | (31.40)% to (31.68)% | ||||||||||||||||||
| 2021 |
1.40% to 1.80% | 12,474 | 46.57 to 47.94 | 616 | 0.00% | 23.22% to 22.72% | ||||||||||||||||||
| Real Estate Securities V.I.S. Fund — Class 1 Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.80% | 20,558 | 73.58 to 49.93 | 807 | 1.05% | 0.53% to 0.12% | ||||||||||||||||||
| 2024 |
1.40% to 1.80% | 22,175 | 73.19 to 49.86 | 891 | 2.57% | 8.91% to 8.47% | ||||||||||||||||||
| 2023 |
1.15% to 2.95% | 272,471 | 23.70 to 10.39 | 6,207 | 3.08% | 12.20% to 10.16% | ||||||||||||||||||
| 2022 |
1.15% to 2.95% | 142,698 | 21.12 to 9.43 | 3,089 | 2.14% | (25.79)% to (27.14)% | ||||||||||||||||||
| 2021 |
1.40% to 1.80% | 29,572 | 81.12 to 55.95 | 1,375 | 1.18% | 39.82% to 39.26% | ||||||||||||||||||
| S&P 500® Index V.I.S. Fund — Class 1 Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.80% | 110,271 | 60.95 to 55.46 | 6,378 | 0.97% | 15.87% to 15.40% | ||||||||||||||||||
| 2024 |
1.40% to 1.80% | 125,624 | 52.60 to 48.05 | 6,293 | 1.10% | 22.87% to 22.37% | ||||||||||||||||||
| 2023 |
1.40% to 1.80% | 140,949 | 42.81 to 39.27 | 5,746 | 1.26% | 24.20% to 23.70% | ||||||||||||||||||
| 2022 |
1.40% to 1.80% | 165,132 | 34.47 to 31.75 | 5,428 | 1.28% | (19.45)% to (19.78)% | ||||||||||||||||||
| 2021 |
1.40% to 1.80% | 184,197 | 42.80 to 39.57 | 7,529 | 1.02% | 26.48% to 25.96% | ||||||||||||||||||
| Small-Cap Equity V.I.S. Fund — Class 1 Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.80% | 19,156 | 53.49 to 39.00 | 802 | 0.00% | (1.64)% to (2.04)% | ||||||||||||||||||
| 2024 |
1.40% to 1.80% | 20,382 | 54.38 to 39.81 | 869 | 0.11% | 8.77% to 8.32% | ||||||||||||||||||
| 2023 |
1.40% to 1.80% | 21,344 | 50.00 to 36.75 | 830 | 0.00% | 11.97% to 11.51% | ||||||||||||||||||
| 2022 |
1.40% to 1.80% | 30,000 | 44.65 to 32.96 | 1,035 | 0.00% | (16.58)% to (16.92)% | ||||||||||||||||||
| 2021 |
1.40% to 1.80% | 39,654 | 53.52 to 39.67 | 1,664 | 0.00% | 18.85% to 18.36% | ||||||||||||||||||
| Total Return V.I.S. Fund — Class 1 Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 2.10% | 323,579 | 31.22 to 20.93 | 8,492 | 2.50% | 14.24% to 13.42% | ||||||||||||||||||
| 2024 |
1.40% to 2.10% | 340,541 | 27.33 to 18.46 | 7,843 | 4.66% | 9.74% to 8.96% | ||||||||||||||||||
| 2023 |
1.40% to 2.10% | 359,363 | 24.91 to 16.94 | 7,559 | 2.30% | 13.88% to 13.07% | ||||||||||||||||||
| 2022 |
1.40% to 2.10% | 382,269 | 21.87 to 14.98 | 7,087 | 0.91% | (17.67)% to (18.26)% | ||||||||||||||||||
| 2021 |
1.40% to 2.10% | 399,403 | 26.57 to 18.33 | 9,026 | 2.09% | 11.86% to 11.07% | ||||||||||||||||||
| Total Return V.I.S. Fund — Class 3 Shares |
||||||||||||||||||||||||
| 2025 |
1.35% to 2.95% | 1,661,184 | 18.05 to 12.64 | 28,581 | 2.12% | 13.92% to 12.08% | ||||||||||||||||||
| 2024 |
1.35% to 2.95% | 1,994,639 | 15.85 to 11.28 | 30,246 | 4.04% | 9.55% to 7.76% | ||||||||||||||||||
| 2023 |
1.35% to 2.95% | 2,378,033 | 14.47 to 10.46 | 33,164 | 1.95% | 13.66% to 11.82% | ||||||||||||||||||
| 2022 |
1.35% to 2.95% | 2,753,761 | 12.73 to 9.36 | 34,115 | 0.38% | (17.84)% to (19.17)% | ||||||||||||||||||
| 2021 |
1.35% to 2.95% | 3,164,223 | 15.49 to 11.58 | 48,168 | 1.76% | 11.67% to 9.86% | ||||||||||||||||||
F-88
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| Expense as a % of Average Net Assets (1) |
Units | Unit Value | Net Assets 000s |
Investment Income Ratio (2) |
Total Return (3) | |||||||||||||||||||
| U.S. Equity V.I.S. Fund — Class 1 Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.70% | 8,617 | 65.12 to 42.68 | 483 | 0.21% | 14.83% to 14.48% | ||||||||||||||||||
| 2024 |
1.40% to 1.70% | 9,018 | 56.71 to 37.28 | 439 | 0.41% | 22.79% to 22.42% | ||||||||||||||||||
| 2023 |
1.40% to 1.70% | 9,288 | 46.19 to 30.45 | 370 | 0.42% | 26.13% to 25.74% | ||||||||||||||||||
| 2022 |
1.40% to 1.70% | 16,576 | 36.62 to 24.22 | 520 | 0.37% | (20.04)% to (20.29)% | ||||||||||||||||||
| 2021 |
1.40% to 1.70% | 26,355 | 45.80 to 30.38 | 1,027 | 0.33% | 23.74% to 23.36% | ||||||||||||||||||
| The Alger Portfolios |
| |||||||||||||||||||||||
| Alger Large Cap Growth Portfolio — Class I-2 Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 3,688 | 72.55 to 72.55 | 268 | 0.00% | 28.45% to 28.45% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 4,006 | 56.48 to 56.48 | 226 | 0.00% | 40.87% to 40.87% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 6,427 | 40.09 to 40.09 | 258 | 0.00% | 30.82% to 30.82% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 6,455 | 30.65 to 30.65 | 198 | 0.00% | (39.51)% to (39.51)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 7,888 | 50.66 to 50.66 | 400 | 0.00% | 10.28% to 10.28% | ||||||||||||||||||
| Alger Small Cap Growth Portfolio — Class I-2 Shares |
||||||||||||||||||||||||
| 2025 |
1.40% to 1.40% | 1,716 | 33.72 to 33.72 | 58 | 0.00% | 4.43% to 4.43% | ||||||||||||||||||
| 2024 |
1.40% to 1.40% | 2,447 | 32.29 to 32.29 | 79 | 0.38% | 6.61% to 6.61% | ||||||||||||||||||
| 2023 |
1.40% to 1.40% | 2,574 | 30.29 to 30.29 | 78 | 0.00% | 14.87% to 14.87% | ||||||||||||||||||
| 2022 |
1.40% to 1.40% | 2,666 | 26.37 to 26.37 | 70 | 0.00% | (38.88)% to (38.88)% | ||||||||||||||||||
| 2021 |
1.40% to 1.40% | 2,865 | 43.14 to 43.14 | 124 | 0.00% | (7.37)% to (7.37)% | ||||||||||||||||||
| The Prudential Series Fund |
| |||||||||||||||||||||||
| PSF PGIM Jennison Blend Portfolio — Class II Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 2.70% | 48,667 | 14.97 to 14.58 | 726 | 0.00% | 16.34% to 14.86% | ||||||||||||||||||
| 2024 |
1.45% to 1.70% | 21,418 | 12.86 to 12.83 | 275 | 0.00% | 23.97% to 23.66% | ||||||||||||||||||
| 2023 (6) |
1.45% to 1.70% | 20,133 | 10.38 to 10.38 | 209 | 0.00% | 3.77% to 3.76% | ||||||||||||||||||
| PSF PGIM Jennison Growth Portfolio — Class II Shares |
||||||||||||||||||||||||
| 2025 |
1.45% to 1.60% | 2,700 | 105.73 to 102.14 | 277 | 0.00% | 12.16% to 11.99% | ||||||||||||||||||
| 2024 |
1.45% to 1.60% | 2,731 | 94.27 to 91.21 | 250 | 0.00% | 28.45% to 28.26% | ||||||||||||||||||
| 2023 |
1.45% to 1.60% | 7,070 | 73.39 to 71.11 | 503 | 0.00% | 50.69% to 50.46% | ||||||||||||||||||
| 2022 |
1.45% to 1.60% | 7,116 | 48.70 to 47.26 | 337 | 0.00% | (38.75)% to (38.84)% | ||||||||||||||||||
| 2021 |
1.45% to 1.60% | 7,161 | 79.51 to 77.28 | 554 | 0.00% | 13.88% to 13.71% | ||||||||||||||||||
| (1) | Expenses as a percentage of average net assets represent the annualized asset-based contract expenses of the Separate Account, consisting of mortality and expense risk charges, administrative expenses, and other rider charges for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to the contract owner through the redemption of units and expenses of the underlying Portfolios are excluded. |
| (2) | The investment income ratio represents the ordinary dividends received by the subaccount from the Portfolio divided by average net assets. |
| (3) | The total return represents a range of maximum and minimum annual total returns for the year or lesser period indicated and includes deductions for expenses assessed through the daily unit value calculation. The total return does not include any expenses assessed through the redemption of units; inclusion of these expenses in the calculation would result in a reduction in the total return presented. Standardized total returns shown separately in a prospectus or marketing material |
F-89
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
Notes to Financial Statements — Continued
December 31, 2025
| for a product supported by the Separate Account include the maximum contract charges that may be assessed to any contract through both the daily unit value calculation and the redemption of units. Accordingly, these standardized total returns will generally reflect a lower return than the total return. |
| (4) | The ratios of expenses and net investment income to average net assets are annualized for the period from April 30, 2021, to December 31, 2021. |
| (5) | The ratios of expenses and net investment income to average net assets are annualized for the period from April 29, 2022, to December 31, 2022. |
| (6) | The ratios of expenses and net investment income to average net assets are annualized for the period from December 8, 2023, to December 31, 2023. |
| (7) | The ratios of expenses and net investment income to average net assets are annualized for the period from April 26, 2024, to December 31, 2024. |
F-90