Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Financial Statements

Year ended December 31, 2025

(With Report of Independent Registered Public Accounting Firm Thereon)


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Table of Contents

Year ended December 31, 2025

 

    Page  

Report of Independent Registered Public Accounting Firm

    F-1  

Statements of Assets and Liabilities

    F-4  

Statements of Operations

    F-10  

Statements of Changes in Net Assets

    F-16  

Notes to Financial Statements

    F-31  


Table of Contents

Report of Independent Registered Public Accounting Firm

To the Board of Directors of

Genworth Life Insurance Company of New York

and

Contract Owners of

Genworth Life of New York VA Separate Account 2:

Opinion on the Financial Statements

We have audited the accompanying statements of assets and liabilities of the subaccounts listed in the Appendix that comprise Genworth Life of New York VA Separate Account 2 (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


Table of Contents

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 Cap Fund, Inc.

AB Small Cap Growth Portfolio — Class A

AB Trust

AB International Value Fund — Class A

AIM Counselor Series Trust (Invesco Counselor Series Trust)

Invesco Discovery Large Cap Fund — Class A (1)

AIM Equity Funds (Invesco Equity Funds)

Invesco Charter Fund — Class A

Invesco Main Street Fund® — Class A

AIM Growth Series (Invesco Growth Series)

Invesco Main Street Mid Cap Fund® — Class A

AIM International Mutual Funds (Invesco International Mutual Funds)

Invesco Global Fund — Class A

AIM Sector Funds (Invesco Sector Funds)

Invesco Comstock Fund — Class A

Allspring Funds Trust

Allspring Disciplined U.S. Core Fund — Class A

Allspring Special Large Cap Value Fund — Class A

Allspring Treasury Plus Money Market Fund — Class A

American Century Capital Portfolios, Inc.

American Century Equity Income Fund — A Class

American Century Government Income Trust

American Century Inflation — Adjusted Bond Fund — A Class

BlackRock Global Allocation Fund, Inc.

BlackRock Global Allocation Fund — Investor A

BlackRock Large Cap Focus Value Fund, Inc.

BlackRock Large Cap Focus Value Fund, Inc. — Investor A

Calamos Investment Trust

Calamos Growth Fund — Class A

Cohen & Steers Global Realty Shares, Inc.

Cohen & Steers Global Realty Shares, Inc. — Class A

Columbia Acorn Trust

Columbia Acorn Fund — Class A

Columbia Acorn International SelectSM — Class A

Columbia Funds Series Trust

Columbia Large Cap Growth Opportunity Fund — Class A

Columbia Select Mid Cap Value Fund — Class A

Davis New York Venture Fund, Inc.

Davis New York Venture Fund — Class A

Eaton Vance Mutual Funds Trust

Eaton Vance Floating-Rate Fund — Class A

Eaton Vance Special Investment Trust

Eaton Vance Large-Cap Value Fund — Class A

Federated Hermes Equity Funds

Federated Hermes Kaufmann Fund — Class A

Fidelity Advisor Series I

Fidelity Advisor® Equity Growth Fund — Class A

Fidelity Advisor Series II

Fidelity Advisor® Mid Cap II Fund — Class A

Fidelity Contrafund

Fidelity Advisor® New Insights Fund — Class A

Franklin Fund Allocator Series

Franklin Global Allocation Fund — Class A

 

F-2


Table of Contents

Franklin Value Investors Trust

Franklin Small Cap Value Fund — Class A

JPMorgan Trust II

JPMorgan Core Bond Fund — Class A

JPMorgan Investor Growth & Income Fund — Class A

Janus Investment Fund

Janus Henderson Forty Fund — Class A

Legg Mason Global Asset Management Trust

ClearBridge Value Fund — Class FI (1)

Legg Mason Partners Variable Equity Trust

ClearBridge Growth Fund — Class FI (1)

Lord Abbett Affiliated Fund, Inc.

Lord Abbett Affiliated Fund — Class A

Lord Abbett Bond Debenture Fund, Inc.

Lord Abbett Bond Debenture Fund — Class A

Lord Abbett Mid Cap Stock Fund, Inc.

Lord Abbett Mid Cap Stock Fund — Class A

PIMCO Funds

PIMCO High Yield Fund — Class A

PIMCO Long-Term U.S. Government Fund — Class A

PIMCO Low Duration Fund — Class A

PIMCO Total Return Fund — Class A

Prudential Investment Portfolios 18

PGIM Jennison Focused Growth Fund — Class A

Prudential Jennison Natural Resources Fund, Inc.

PGIM Jennison Natural Resources Fund, Inc. — Class A

Putnam Investment Funds

Putnam International Small Cap Fund — Class A (1)

T. Rowe Price Capital Appreciation Fund

T. Rowe Price Capital Appreciation Fund — Advisor Class

T. Rowe Price Equity Income Fund

T. Rowe Price Equity Income Fund — Advisor Class

T. Rowe Price Growth Stock Fund, Inc.

T. Rowe Price Growth Stock Fund — Advisor Class

The AB Portfolios

AB All Market Total Return Portfolio — Class A

AB Wealth Appreciation Strategy — Class A

The Advisors’ Inner Circle Fund III

First Foundation Total Return Fund — Class A

Thornburg Investment Trust

Thornburg International Equity Fund — Class A

Thornburg Small/Mid Cap Growth Fund — Class A

Virtus Investment Trust

Virtus NFJ International Value Fund — Class A

Virtus NFJ Large-Cap Value Fund — Class A

Statements of assets and liabilities as of December 31, 2025, the related statements of operations for the year ended December 31, 2025, and the statements of changes in net assets for the for the year ended December 31, 2025 and for the period from October 25, 2024 (inception) to December 31, 2024.

Fidelity Puritan Trust

Fidelity® Balanced Fund — Class A

Fidelity Stock Fund

Fidelity® Leveraged Company Stock Fund — Class A

 

(1)

See Note 1 to the financial statements for the former name of the subaccount.

 

F-3


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Assets and Liabilities

December 31, 2025

 

    AB Cap Fund,
Inc.
    AB Trust     AIM Counselor
Series Trust
(Invesco
Counselor
Series Trust)
    AIM Equity Funds (Invesco
Equity Funds)
 
    
AB Small Cap
Growth Portfolio —
Class A
    AB International
Value Fund —
Class A
    Invesco Discovery
Large Cap
Fund —
Class A
    Invesco Charter
Fund —
Class A
    Invesco Main Street
Fund®
Class A
 
Assets:          
Investments at fair value (note 2b)     $—        $—        $—        $93,430       $93,563  
Dividend receivable     —        —        —        —        —   
Receivable for units sold     —        —        —        —        —   
Total assets     —        —        —        93,430       93,563  
Liabilities:          
Accrued expenses payable to affiliate (note 4b)     —        —        —        4       4  
Payable for units withdrawn     —        —        —        1       1  
Total liabilities     —        —        —        5       5  
Net assets     $—        $—        $—        $93,425       $93,558  
Investments in securities at cost     $—        $—        $—        $94,650       $91,179  
Shares outstanding     —        —        —        4,376       1,496  

 

    American
Century
Government
Income Trust
    BlackRock Global
Allocation Fund,
Inc.
    BlackRock Large
Cap Focus Value
Fund, Inc.
    Calamos
Investment
Trust
    Cohen & Steers
Global Realty
Shares, Inc.
 
     American Century
Inflation-Adjusted
Bond Fund —
A Class
    BlackRock Global
Allocation Fund —
Investor A
    BlackRock Large
Cap Focus Value
Fund, Inc. —
Investor A
    Calamos Growth
Fund —
Class A
    Cohen & Steers
Global Realty
Shares, Inc. —
Class A
 
Assets:          
Investments at fair value (note 2b)     $113,778       $220,654       $46,952       $16,875       $46,988  
Dividend receivable     —        —        —        —        —   
Receivable for units sold     —        —        —        —        —   
Total assets     113,778       220,654       46,952       16,875       46,988  
Liabilities:          
Accrued expenses payable to affiliate (note 4b)     5       9       2       2       2  
Payable for units withdrawn     1       196       2       1       2  
Total liabilities     6       205       4       3       4  
Net assets     $113,772       $220,449       $46,948       $16,872       $46,984  
Investments in securities at cost     $121,955       $204,301       $43,380       $13,191       $44,371  
Shares outstanding     10,795       10,923       2,389       357       866  

 

See accompanying notes to financial statements.

 

F-4


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Assets and Liabilities — Continued

December 31, 2025

 

AIM Growth
Series
(Invesco Growth
Series)
    AIM International
Mutual Funds
(Invesco
International
Mutual Funds)
    AIM Sector
Funds (Invesco
Sector Funds)
    Allspring Funds Trust     American
Century Capital
Portfolios, Inc.
 
Invesco Main Street
Mid Cap Fund® —
Class  A
    Invesco Global
Fund —
Class A
    Invesco Comstock
Fund —
Class A
    Allspring Disciplined
U.S. Core Fund —
Class A
    Allspring Special
Large Cap Value
Fund —
Class A
    Allspring Treasury
Plus Money Market
Fund —
Class A
    American Century
Equity Income
Fund —
A Class
 
           
  $46,341       $19,475       $19,410       $—        $—        $—        $—   
  —        —        —        —        —        —        —   
  —        —        —        —        —        —        —   
  46,341       19,475       19,410       —        —        —        —   
           
  1       1       1       —        —        —        —   
  2       202       137       —        —        —        —   
  3       203       138       —        —        —        —   
  $46,338       $19,272       $19,272       $—        $—        $—        $—   
  $43,924       $21,540       $18,398       $—        $—        $—        $—   
  1,612       225       631       —        —        —        —   

 

Columbia Acorn Trust     Columbia Funds Series Trust     Davis New York
Venture Fund, Inc.
    Eaton Vance
Mutual Funds
Trust
    Eaton Vance
Special
Investment
Trust
 
Columbia Acorn
Fund —
Class A
    Columbia Acorn
International
SelectSM
Class A
    Columbia Large Cap
Growth Opportunity
Fund —
Class A
    Columbia Select
Mid Cap
Value Fund —
Class A
   

Davis New York
Venture Fund —

Class A

    Eaton Vance
Floating-Rate
Fund —
Class A
    Eaton Vance
Large-Cap
Value Fund —
Class A
 
           
  $78,236       $—        $—        $51,484       $57,179       $65,561       $1  
  —        —        —        —        —        455       —   
  —        —        —        —        —        —        —   
  78,236       —        —        51,484       57,179       66,016       1  
           
  4       —        —        2       3       3       1  
  —        —        —        1       1       3       —   
  4       —        —        3       4       6       1  
  $78,232       $—        $—        $51,481       $57,175       $66,010       $—   
  $85,522       $—        $—        $49,245       $52,880       $68,082       $1  
  8,751       —        —        3,531       1,977       7,842       —   

 

See accompanying notes to financial statements.

 

F-5


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Assets and Liabilities — Continued

December 31, 2025

 

   

Federated Hermes
Equity Funds
    Fidelity Advisor
Series I
    Fidelity Advisor
Series II
    Fidelity
Contrafund
    Fidelity Puritan
Trust
 
     Federated Hermes
Kaufmann Fund —
Class A
    Fidelity Advisor®
Equity Growth
Fund —
Class A
    Fidelity Advisor®
Mid Cap II Fund —
Class A
    Fidelity Advisor®
New Insights
Fund —
Class A
    Fidelity® Balanced
Fund —
Class A
 
Assets:          
Investments at fair value (note 2b)     $62,071       $46,726       $—        $80,710       $5,772  
Dividend receivable     —        —        —        —        —   
Receivable for units sold     —        —        —        —        —   
Total assets     62,071       46,726       —        80,710       5,772  
Liabilities:          
Accrued expenses payable to affiliate (note 4b)     3       2       —        4       1  
Payable for units withdrawn     1       2       —        1       —   
Total liabilities     4       4       —        5       1  
Net assets     $62,067       $46,722       $—        $80,705       $5,771  
Investments in securities at cost     $67,482       $38,659       $—        $60,341       $5,356  
Shares outstanding     11,144       2,084       —        1,753       180  

 

   
Legg Mason
Partners
Variable
Equity Trust
    Lord Abbett
Affiliated
Fund, Inc.
    Lord Abbett
Bond
Debenture
Fund, Inc.
    Lord Abbett
Mid Cap Stock
Fund, Inc.
    PIMCO Funds  
     ClearBridge Growth
Fund —
Class FI
    Lord Abbett
Affiliated Fund —
Class A
    Lord Abbett Bond
Debenture Fund —
Class A
    Lord Abbett Mid
Cap Stock Fund —
Class A
   



PIMCO High Yield
Fund —

Class A

 
Assets:          
Investments at fair value (note 2b)     $ 1       $—        $65,904       $46,293       $66,034  
Dividend receivable     —        —        323       —        344  
Receivable for units sold     —        —        —        —        —   
Total assets     1       —        66,227       46,293       66,378  
Liabilities:          
Accrued expenses payable to affiliate (note 4b)     1       —        3       2       3  
Payable for units withdrawn     —        —        3       2       3  
Total liabilities     1       —        6       4       6  
Net assets     $—        $—        $66,221       $46,289       $66,372  
Investments in securities at cost     $1       $—        $63,507       $48,178       $68,701  
Shares outstanding     —        —        9,053       1,371       8,073  

 

See accompanying notes to financial statements.

 

F-6


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Assets and Liabilities — Continued

December 31, 2025

 

Fidelity
Stock Fund
    Franklin Fund
Allocator Series
    Franklin Value
Investors Trust
    JPMorgan Trust II     Janus Investment
Fund
    Legg Mason
Global Asset
Management
Trust
 
Fidelity® Leveraged
Company Stock
Fund —
Class A
    Franklin Global
Allocation Fund —
Class A
    Franklin Small Cap
Value Fund —
Class A
    JPMorgan Core
Bond Fund —
Class A
    JPMorgan Investor
Growth & Income
Fund —
Class A
    Janus Henderson
Forty Fund —
Class A
    ClearBridge Value
Fund —
Class FI
 
           
  $—        $329,118       $46,115       $156,752       $—        $1       $46,589  
  —        —        —        —        —        —        —   
  —        —        —        —        —        —        —   
  —        329,118       46,115       156,752       —        1       46,589  
           
  —        14       4       7       —        1       11  
  —        —        2       —        —        —        3  
  —        14       6       7       —        1       14  
  $—        $329,104       $46,109       $156,745       $—        $—        $46,575  
  $—        $230,507       $44,879       $161,678       $—        $—        $47,021  
  —        19,090       828       15,029       —        —        387  

 

PIMCO Funds (continued)     Prudential
Investment
Portfolios 18
    Prudential
Jennison
Natural
Resources Fund,
Inc.
    Putnam
Investment
Funds
    T. Rowe Price
Capital
Appreciation
Fund
 
PIMCO Long-Term
U.S. Government
Fund —
Class A
    PIMCO Low
Duration Fund —
Class A
    PIMCO Total
Return Fund —
Class A
    PGIM Jennison
Focused Growth
Fund —
Class A
    PGIM Jennison
Natural Resources
Fund, Inc. —
Class A
    Putnam
International
Small Cap Fund —
Class A
    T. Rowe Price
Capital
Appreciation
Fund —
Advisor Class
 
           
  $188,506       $133,130       $286,002       $16,256       $—        $46,952       $5,033  
  602       443       1,021       —        —        —        —   
  —        —        —        —        —        —        —   
  189,108       133,573       287,023       16,256       —        46,952       5,033  
           
  8       5       13       1       —        2       (1
  —        2       249       1       —        2       —   
  8       7       262       2       —        4       (1
  $189,100       $133,566       $286,761       $16,254       $—        $46,948       $5,034  
  $194,108       $137,054       $297,372       $11,835       $—        $39,424       $4,506  
  13,455       14,223       32,280       548       —        1,052       143  

 

See accompanying notes to financial statements.

 

F-7


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Assets and Liabilities — Continued

December 31, 2025

 

    T. Rowe Price
Equity Income
Fund
    T. Rowe Price
Growth Stock
Fund, Inc.
    The AB Portfolios     The Advisors’
Inner Circle
Fund III
 
     T. Rowe Price
Equity Income
Fund —
Advisor Class
   

T. Rowe Price
Growth Stock
Fund —

Advisor Class

    AB All Market
Total Return
Portfolio —
Class A
    AB Wealth
Appreciation
Strategy —
Class A
    First Foundation
Total Return
Fund —
Class A
 
Assets:          
Investments at fair value (note 2b)     $19,455       $ 2       $256,298       $—        $76,579  
Dividend receivable     —        —        —        —        —   
Receivable for units sold     —        —        —        —        —   
Total assets     19,455       2       256,298       —        76,579  
Liabilities:          
Accrued expenses payable to affiliate (note 4b)     2       2       10       —        4  
Payable for units withdrawn     181       —        1       —        1  
Total liabilities     183       2       11       —        5  
Net assets     $19,272       $—        $256,287       $—        $76,574  
Investments in securities at cost     $17,473       $1       $251,899       $—        $78,656  
Shares outstanding     507       —        16,600       —        2,910  

 

See accompanying notes to financial statements.

 

F-8


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Assets and Liabilities — Continued

December 31, 2025

 



Thornburg Investment Trust
    Virtus Investment Trust                    
Thornburg
International Equity
Fund —
Class A
   

Thornburg
Small/Mid Cap
Growth Fund —

Class A

    Virtus NFJ
International
Value Fund —
Class A
    Virtus NFJ
Large-Cap Value
Fund —
Class A
                   
           
  $—        $ 1       $10,093       $—         
  —        —        —        —         
  —        —        —        —         
  —        1       10,093       —         
           
  —        1       —        —         
  —        —        —        —         
  —        1       —        —         
  $—        $—        $10,093       $—         
  $—        $ 1       $ 7,730       $—         
  —        —        412       —         

 

See accompanying notes to financial statements.

 

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Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Operations

 

    AB Cap
Fund, Inc.
    AB Trust    

AIM Counselor
Series Trust
(Invesco
Counselor
Series Trust)

    AIM Equity Funds (Invesco
Equity Funds)
 
   

AB

Small Cap
Growth
Portfolio —

Class A

   

AB
International
Value

Fund —

Class A

   

Invesco
Discovery
Large Cap
Fund —

Class A

   

Invesco
Charter
Fund —

Class A

   

Invesco
Main Street
Fund®

Class A

 
     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     $—        $—        $—        $208       $315  
Mortality and expense risk and administrative charges (note 4a)     —        —        1,603       626       1,026  
Net investment income (expense)     —        —        (1,603     (418     (711
Net realized and unrealized gain (loss) on investments:          
Net realized gain (loss)     —        —        52,668       283       851  
Change in unrealized appreciation (depreciation)     —        —        (36,695     (1,219     2,352  
Capital gain distributions     —        —        —        6,107       6,229  
Net realized and unrealized gain (loss) on investments     —        —        15,973       5,171       9,432  
Increase in net assets from operations     $—        $—        $14,370       $4,753       $8,721  

 

    American
Century
Government
Income Trust
    BlackRock
Global
Allocation
Fund, Inc.
    BlackRock
Large Cap
Focus Value
Fund, Inc.
    Calamos
Investment
Trust
    Cohen & Steers
Global Realty
Shares, Inc.
 
    American
Century
Inflation-
Adjusted Bond
Fund —
A Class
   

BlackRock
Global
Allocation
Fund —

Investor A

   

BlackRock
Large Cap
Focus Value
Fund, Inc. —

Investor A

   

Calamos
Growth
Fund —

Class A

   

Cohen & Steers
Global Realty
Shares, Inc. —

Class A

 
     Year ended
December 31,
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     $4,553       $5,272       $870       $—        $1,466  
Mortality and expense risk and administrative charges (note 4a)     1,756       3,310       716       260       713  
Net investment income (expense)     2,797       1,962       154       (260     753  
Net realized and unrealized gain (loss) on investments:          
Net realized gain (loss)     (2,218     1,447       1,068       599       456  
Change in unrealized appreciation (depreciation)     4,902       16,849       2,878       581       2,668  
Capital gain distributions     —        13,872       5,828       1,345       —   
Net realized and unrealized gain (loss) on investments     2,684       32,168       9,774       2,525       3,124  
Increase in net assets from operations     $5,481       $34,130       $9,928       $2,265       $3,877  

 

See accompanying notes to financial statements.

 

F-10


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Operations — Continued

 

AIM Growth
Series
(Invesco
Growth Series)
    AIM
International
Mutual Funds
(Invesco
International
Mutual Funds)
    AIM Sector
Funds (Invesco
Sector Funds)
    Allspring Funds Trust     American
Century Capital
Portfolios, Inc.
 

Invesco
Main Street
Mid Cap
Fund®

Class A

   

Invesco Global
Fund —

Class A

   

Invesco
Comstock
Fund —

Class A

    Allspring
Disciplined U.S.
Core Fund —
Class A
   

Allspring
Special Large
Cap Value
Fund —

Class A

   

Allspring
Treasury Plus
Money Market
Fund —

Class A

   

American
Century Equity
Income Fund —

A Class

 
Year ended
December 31,
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
December 31,
2025
 
           
  $85       $—        $681       $—        $—        $718       $—   

 

713

 

    323       724       —        —        264       —   
  (628     (323     (43     —        —        454       —   
           
  1,186       20       4,589       —        —        —        —   
  (947     (1,049     1,273       —        —        —        —   
  3,775       3,844       1,304       —        —        —        —   
  4,014       2,815       7,166       —        —        —        —   
  $3,386       $2,492       $7,123       $—        $—        $454       $—   

 

Columbia Acorn Trust     Columbia Funds Series Trust     Davis New York
Venture Fund,
Inc.
    Eaton Vance
Mutual Funds
Trust
    Eaton Vance
Special
Investment
Trust
 

Columbia Acorn
Fund —

Class A

   

Columbia Acorn
International
SelectSM

Class A

   

Columbia Large
Cap Growth
Opportunity
Fund —

Class A

   

Columbia Select
Mid Cap Value
Fund —

Class A

   

Davis New York
Venture Fund —

Class A

   

Eaton Vance
Floating-Rate
Fund —

Class A

   

Eaton Vance
Large-Cap
Value Fund —

Class A

 
Year ended
December 31,
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
December 31,
2025
 
           
  $—        $—        $—        $322       $350       $4,918       $—   

 

1,249

 

    —        —        791       470       1,042       —   
  (1,249     —        —        (469     (120     3,876       —   
           
  (2,135     —        —        (43     348       (556     —   
  6,832       —        —        3,417       5,220       (2,038     —   
  —        —        —        3,042       2,462       —        —   
  4,697       —        —        6,416       8,030       (2,594     —   
  $3,448       $—        $—        $5,947       $7,910       $1,282       $—   

 

See accompanying notes to financial statements.

 

F-11


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Operations — Continued

 

    Federated
Hermes Equity
Funds
    Fidelity
Advisor
Series I
    Fidelity
Advisor
Series II
    Fidelity
Contrafund
    Fidelity
Puritan Trust
 
    Federated
Hermes
Kaufmann
Fund —
Class A
    Fidelity
Advisor®
Equity Growth
Fund —
Class A
    Fidelity
Advisor® Mid
Cap II Fund —
Class A
    Fidelity
Advisor® New
Insights
Fund —
Class A
    Fidelity®
Balanced
Fund —
Class A
 
     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     $—        $—        $—        $—        $89  
Mortality and expense risk and administrative charges (note 4a)     567       1,515       400       1,235       81  
Net investment income (expense)     (567     (1,515     (400     (1,235     8  
Net realized and unrealized gain (loss) on investments:          
Net realized gain (loss)     (109     17,836       (839     5,730       48  
Change in unrealized appreciation (depreciation)     (4,285     (2,408     787       2,957       467  
Capital gain distributions     6,145       288       1,975       7,802       218  
Net realized and unrealized gain (loss) on investments     1,751       15,716       1,923       16,489       733  
Increase in net assets from operations     $1,184       $14,201       $1,523       $15,254       $741  

 

    Legg Mason
Partners
Variable
Equity Trust
    Lord Abbett
Affiliated
Fund, Inc.
    Lord Abbett
Bond
Debenture
Fund, Inc.
    Lord Abbett
Mid Cap Stock
Fund, Inc.
    PIMCO Funds  
    ClearBridge
Growth
Fund —

Class FI
    Lord Abbett
Affiliated
Fund —

Class A
    Lord Abbett
Bond
Debenture
Fund —

Class A
    Lord Abbett
Mid Cap Stock
Fund —

Class A
    PIMCO High
Yield
Fund —

Class A
 
     Year ended
December 31,
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     $—        $—        $4,123       $205       $4,062  
Mortality and expense risk and administrative charges (note 4a)     —        —        1,043       712       1,043  
Net investment income (expense)     —        —        3,080       (507     3,019  
Net realized and unrealized gain (loss) on investments:          
Net realized gain (loss)     —        —        390       (708     (1,465
Change in unrealized appreciation (depreciation)     —        —        940       908       2,702  
Capital gain distributions     —        —        —        3,029       —   
Net realized and unrealized gain (loss) on investments     —        —        1,330       3,229       1,237  
Increase in net assets from operations     $—        $—        $4,410       $2,722       $4,256  

 

See accompanying notes to financial statements.

 

F-12


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Operations — Continued

 

Fidelity Stock
Fund
    Franklin Fund
Allocator Series
    Franklin Value
Investors Trust
    JPMorgan Trust II     Janus
Investment
Fund
    Legg Mason
Global Asset
Management Trust
 

Fidelity®
Leveraged
Company Stock
Fund —

Class A

   

Franklin Global
Allocation
Fund —

Class A

   

Franklin Small
Cap Value
Fund —

Class A

   

JPMorgan Core
Bond
Fund —

Class A

   

JPMorgan
Investor
Growth & Income
Fund —

Class A

   

Janus
Henderson
Forty
Fund —

Class A

   

ClearBridge
Value
Fund —

Class FI

 
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
December 31,
2025
    Year ended
December 31,
2025
 
           
  $—        $2,764       $451       $5,668       $—        $—        $408  

 

— 

 

    5,083       713       2,302       —        —        713  
  —        (2,319     (262     3,366       —        —        (305
           
  —        12,267       711       (2,674     —        —        (115
  —        19,475       (366     7,616       —        —        1,255  
  —        13,384       2,992       —        —        —        3,219  
  —        45,126       3,337       4,942       —        —        4,359  
  $—        $42,807       $3,075       $8,308       $—        $—        $4,054  

 

PIMCO Funds (continued)     Prudential
Investment
Portfolios 18
    Prudential
Jennison Natural
Resources Fund,
Inc.
    Putnam
Investment
Funds
    T. Rowe Price
Capital
Appreciation
Fund
 

PIMCO Long-
Term U.S.
Government
Fund —

Class A

   

PIMCO Low
Duration
Fund —

Class A

   

PIMCO Total
Return

Fund —

Class A

   

PGIM Jennison
Focused Growth
Fund —

Class A

   

PGIM Jennison
Natural
Resources Fund,
Inc. —

Class A

   

Putnam
International
Small Cap
Fund —

Class A

   

T. Rowe Price
Capital
Appreciation
Fund —

Advisor 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
    Year ended
December 31,
2025
    Year ended
December 31,
2025
 
           
  $6,030       $5,409       $13,749       $—        $—        $2,604       $76  

 

2,612

 

    2,006       5,077       256       —        716       78  
  3,418       3,403       8,672       (256     —        1,888       (2
           
  (2,541     (1,274     (11,428     763       —        3,727       90  
  8,499       2,921       25,776       1,118       —        3,276       58  
  —        —        —        652       —        2,831       321  
  5,958       1,647       14,348       2,533       —        9,834       469  
  $9,376       $5,050       $23,020       $2,277       $—        $11,722       $467  

 

See accompanying notes to financial statements.

 

F-13


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Operations — Continued

 

    T. Rowe Price
Equity Income
Fund
    T. Rowe Price
Growth Stock
Fund, Inc.
    The AB Portfolios     The Advisors’
Inner Circle
Fund III
 
   

T. Rowe Price
Equity Income
Fund —

Advisor Class

   

T. Rowe Price
Growth Stock
Fund —

Advisor Class

   

AB All Market
Total Return
Portfolio —

Class A

   

AB Wealth
Appreciation
Strategy —

Class A

   

First
Foundation
Total Return
Fund —

Class A

 
     Year ended
December 31,
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     $274       $—        $7,245       $—        $2,823  
Mortality and expense risk and administrative charges (note 4a)     322       —        2,585       —        1,023  
Net investment income (expense)     (48     —        4,660       —        1,800  
Net realized and unrealized gain (loss) on investments:          
Net realized gain (loss)     271       —        3,055       —        (126
Change in unrealized appreciation (depreciation)     1,885       —        (4,541     —        3,113  
Capital gain distributions     215       —        18,693       —        1,050  
Net realized and unrealized gain (loss) on investments     2,371       —        17,207       —        4,037  
Increase in net assets from operations     $2,323       $—        $21,867       $—        $5,837  

 

 

See accompanying notes to financial statements.

 

F-14


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Operations — Continued

 

Thornburg Investment Trust

    Virtus Investment Trust  

Thornburg
International
Equity Fund —
Class A

    Thornburg
Small/Mid Cap
Growth Fund —
Class A
    Virtus NFJ
International
Value Fund —
Class A
    Virtus NFJ
Large-Cap
Value Fund —
Class A
 
Year ended
December 31,
2025
    Year ended
December 31,
2025
    Year ended
December 31,
2025
    Year ended
December 31,
2025
 
     
  $—        $—        $520       $—   

 

— 

 

    —        157       —   
  —        —        363       —   
     
  —        —        379       —   
  —        —        2,429       —   
  —        —        —        —   
  —        —        2,808       —   
  $—        $—        $3,171       $—   

 

 

See accompanying notes to financial statements.

 

F-15


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets

 

    AB Cap Fund, Inc.     AB Trust     AIM Counselor Series
Trust (Invesco
Counselor Series Trust)
 
    AB
Small Cap
Growth Portfolio —
Class A
    AB
International
Value Fund —
Class A
    Invesco Discovery
Large Cap Fund —
Class A
 
     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)     $—        $—        $—        $—        $(1,603     $(2,212
Net realized gain (loss) on investments     —        —        —        —        52,668       14,816  
Change in unrealized appreciation (depreciation) on investments     —        —        —        —        (36,695     23,549  
Capital gain distributions     —        —        —        —        —        5,495  
Increase (decrease) in net assets from operations     —        —        —        —        14,370       41,648  
From capital transactions (note 4):            
Transfers for contract benefits and terminations     —        —        —        —        (11,313     (10,611
Administrative expenses     —        —        —        —        (2,244     (3,077
Transfers between subaccounts (including fixed account), net     —        —        —        —        (188,745     60,906  
Increase (decrease) in net assets from capital transactions     —        —        —        —        (202,302     47,218  
Increase (decrease) in net assets     —        —        —        —        (187,932     88,866  
Net assets at beginning of year     —        —        —        —        187,932       99,066  
Net assets at end of year     $—        $—        $—        $—        $—        $187,932  
Change in units (note 5):            
Units purchased     —        —        —        —        1,134       3,429  
Units redeemed     —        —        —        —        (6,064     (1,925
Net increase (decrease) in units from capital transactions with contract owners     —        —        —        —        (4,930     1,504  

 

See accompanying notes to financial statements.

 

F-16


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

AIM Equity Funds (Invesco Equity Funds)     AIM Growth Series
(Invesco Growth Series)
    AIM International Mutual
Funds (Invesco
International Mutual
Funds)
    AIM Sector Funds (Invesco
Sector Funds)
 

Invesco
Charter Fund —
Class A

    Invesco
Main Street Fund® —
Class A
    Invesco Main
Street Mid Cap Fund® —
Class A
    Invesco
Global Fund —
Class A
    Invesco
Comstock Fund —
Class A
 
Year ended
December 31,
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
 
                 
                 
  $(418     $—        $(711     $(2     $(628     $(652     $(323     $(349     $(43     $74  
  283       —        851       371       1,186       2,114       20       9       4,589       1,191  
  (1,219     —        2,352       32       (947     2,380       (1,049     1,020       1,273       2,804  
  6,107       —        6,229       2,409       3,775       3,770       3,844       2,191       1,304       5,121  
  4,753       —        8,721       2,810       3,386       7,612       2,492       2,871       7,123       9,190  
                 
  (4,582     —        (7,414     (1,849     (5,109     (3,468     (2,310     (2,489     (5,144     (5,968
  (918     —        (1,479     (473     (1,019     (1,054     (564     (564     (1,121     (1,622
  94,172       —        46,412       46,830       2,086       (5,641     (70     (1,055     (48,850     (5,080
  88,672       —        37,519       44,508       (4,042     (10,163     (2,944     (4,108     (55,115     (12,670
  93,425       —        46,240       47,318       (656     (2,551     (452     (1,237     (47,992     (3,480
  —        —        47,318       —        46,994       49,545       19,724       20,961       67,264       70,744  
  $93,425       $—        $93,558       $47,318       $46,338       $46,994       $19,272       $19,724       $19,272       $67,264  
                 
  3,008       —        1,438       1,509       326       217       118       118       186       227  
  (262     —        (482     (202     (451     (549     (218     (274     (1,672     (605

 

2,746

 

    —        956       1,307       (125     (332     (100     (156     (1,486     (378

 

See accompanying notes to financial statements.

 

F-17


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

    Allspring Funds Trust  
    Allspring Disciplined
U.S. Core Fund —
Class A
    Allspring Special
Large Cap Value Fund —
Class A
    Allspring Treasury Plus
Money Market Fund —
Class A
 
     Year ended
December 31,
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)     $—        $—        $—        $—        $454       $238  
Net realized gain (loss) on investments     —        —        —        —        —        —   
Change in unrealized appreciation (depreciation) on investments     —        —        —        —        —        —   
Capital gain distributions     —        —        —        —        —        —   
Increase (decrease) in net assets from operations     —        —        —        —        454       238  
From capital transactions (note 4):            
Transfers for contract benefits and terminations     —        —        —        —        (78,684     —   
Administrative expenses     —        —        —        —        (384     (491
Transfers between subaccounts (including fixed account), net     —        —        —        —        2,220       76,647  
Increase (decrease) in net assets from capital transactions     —        —        —        —        (76,848     76,156  
Increase (decrease) in net assets     —        —        —        —        (76,394     76,394  
Net assets at beginning of year     —        —        —        —        76,394       —   
Net assets at end of year     $—        $—        $—        $—        $—        $76,394  
Change in units (note 5):            
Units purchased     —        —        —        —        9,007       8,215  
Units redeemed     —        —        —        —        (17,168     (53
Net increase (decrease) in units from capital transactions with contract owners     —        —        —        —        (8,161     8,162  

 

See accompanying notes to financial statements.

 

F-18


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

American Century Capital
Portfolios, Inc.
    American Century Government
Income Trust
    BlackRock Global
Allocation Fund, Inc.
    BlackRock Large Cap
Focus Value Fund, Inc.
    Calamos Investment Trust  
American Century Equity
Income Fund —
A Class
    American Century
Inflation-Adjusted Bond Fund —
A Class
    BlackRock Global
Allocation Fund —
Investor A
    BlackRock Large Cap
Focus Value Fund, Inc. —
Investor A
    Calamos
Growth Fund —
Class A
 
Year ended
December 31,
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
 
                 
                 
  $—        $—        $2,797       $267       $1,962       $(924     $154       $205       $(260     $(248
  —        —        (2,218     (4,422     1,447       558       1,068       1,562       599       659  
  —        —        4,902       4,383       16,849       2,391       2,878       (229     581       2,537  
  —        —        —        —        13,872       12,584       5,828       2,959       1,345       957  
  —        —        5,481       228       34,130       14,609       9,928       4,497       2,265       3,905  
                 
  —        —        (11,473     (12,159     (9,701     (7,034     (5,126     (3,925     (361     (363
  —        —        (2,715     (3,079     (4,282     (4,197     (1,024     (1,104     (240     (238
  —        —        1,581       (11,102     (7,835     3,798       (4,531     (4,437     76       (2,134
  —        —        (12,607     (26,340     (21,818     (7,433     (10,681     (9,466     (525     (2,735
  —        —        (7,126     (26,112     12,312       7,176       (753     (4,969     1,740       1,170  
  —        —        120,898       147,010       208,137       200,961       47,701       52,670       15,132       13,962  
  $—        $—        $113,772       $120,898       $220,449       $208,137       $46,948       $47,701       $16,872       $15,132  
                 
  —        —        1,425       1,621       322       549       182       248       61       20  
  —        —        (2,515     (3,946     (1,555     (996     (544     (603     (72     (114

 

— 

 

    —        (1,090     (2,325     (1,233     (447     (362     (355     (11     (94

 

See accompanying notes to financial statements.

 

F-19


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

    Cohen & Steers Global
Realty Shares, Inc.
    Columbia Acorn Trust  
    Cohen & Steers Global
Realty Shares, Inc. —
Class A
    Columbia
Acorn Fund —
Class A
    Columbia Acorn
International SelectSM —
Class A
 
     Year ended
December 31,
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)     $753       $443       $(1,249     $(1,202     $—        $—   
Net realized gain (loss) on investments     456       751       (2,135     (3,810     —        —   
Change in unrealized appreciation (depreciation) on investments     2,668       (1,192     6,832       13,729       —        —   
Capital gain distributions     —        —        —        —        —        —   
Increase (decrease) in net assets from operations     3,877       2       3,448       8,717       —        —   
From capital transactions (note 4):            
Transfers for contract benefits and terminations     (5,104     (3,476     (722     (725     —        —   
Administrative expenses     (1,019     (1,047     (1,336     (1,286     —        —   
Transfers between subaccounts (including fixed account), net     1,727       1,901       5,240       (5,647     —        —   
Increase (decrease) in net assets from capital transactions     (4,396     (2,622     3,182       (7,658     —        —   
Increase (decrease) in net assets     (519     (2,620     6,630       1,059       —        —   
Net assets at beginning of year     47,503       50,123       71,602       70,543       —        —   
Net assets at end of year     $46,984       $47,503       $78,232       $71,602       $—        $—   
Change in units (note 5):            
Units purchased     604       781       604       246       —        —   
Units redeemed     (910     (929     (427     (547     —        —   
Net increase (decrease) in units from capital transactions with contract owners     (306     (148     177       (301     —        —   

 

See accompanying notes to financial statements.

 

F-20


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

Columbia Funds Series Trust     Davis New York Venture
Fund, Inc.
    Eaton Vance Mutual Funds
Trust
    Eaton Vance Special
Investment Trust
 
Columbia Large Cap
Growth Opportunity Fund —
Class A
    Columbia Select Mid Cap
Value Fund —
Class A
    Davis New York
Venture Fund —
Class A
    Eaton Vance Floating-Rate
Fund —
Class A
    Eaton Vance Large-Cap
Value Fund —
Class A
 
Year ended
December 31,
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
 
                 
                 
  $—        $(438     $(469     $(191     $(120     $(6     $3,876       $5,063       $—        $—   
  —        5,547       (43     432       348       (18     (556     (140     —        —   
  —        (1,265     3,417       (1,958     5,220       (207     (2,038     (131     —        —   
  —        1,306       3,042       2,421       2,462       1,589       —        —        —        —   
  —        5,150       5,947       704       7,910       1,358       1,282       4,792       —        —   
                 
  —        (1,598     (5,480     (2,215     (3,029     (725     (9,794     (9,185     —        —   
  —        (583     (1,113     (563     (646     (184     (1,654     (1,753     —        —   
  —        (52,734     (31     49,457       43,398       (468     1,704       1,565       —        —   
  —        (54,915     (6,624     46,679       39,723       (1,377     (9,744     (9,373     —        —   
  —        (49,765     (677     47,383       47,633       (19     (8,462     (4,581     —        —   
  —        49,765       52,158       4,775       9,542       9,561       74,472       79,053       —        —   
  $—        $—        $51,481       $52,158       $57,175       $9,542       $66,010       $74,472       $—        $—   
                 
  —        92       299       1,920       1,580       18       771       644       —        —   
  —        (2,226     (516     (269     (283     (74     (1,402     (1,260     —        —   

 

— 

 

    (2,134     (217     1,651       1,297       (56     (631     (616     —        —   

 

See accompanying notes to financial statements.

 

F-21


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

    Federated Hermes Equity
Funds
    Fidelity Advisor Series I     Fidelity Advisor Series II  
    Federated Hermes
Kaufmann Fund —
Class A
    Fidelity Advisor®
Equity Growth Fund —
Class A
    Fidelity Advisor®
Mid Cap II Fund —
Class A
 
    

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)     $(567     $(243     $(1,515     $(1,590     $(400     $(240
Net realized gain (loss) on investments     (109     (23     17,836       8,266       (839     418  
Change in unrealized appreciation (depreciation) on investments     (4,285     763       (2,408     1,021       787       (787
Capital gain distributions     6,145       1,464       288       15,901       1,975       1,984  
Increase (decrease) in net assets from operations     1,184       1,961       14,201       23,598       1,523       1,375  
From capital transactions (note 4):            
Transfers for contract benefits and terminations     (2,275     —        (10,755     (7,637     (2,826     (1,861
Administrative expenses     (718     (251     (2,144     (2,204     (560     (472
Transfers between subaccounts (including fixed account), net     49,434       (996     (96,416     60,822       (45,168     47,989  
Increase (decrease) in net assets from capital transactions     46,441       (1,247     (109,315     50,981       (48,554     45,656  
Increase (decrease) in net assets     47,625       714       (95,114     74,579       (47,031     47,031  
Net assets at beginning of year     14,442       13,728       141,836       67,257       47,031       —   
Net assets at end of year     $62,067       $14,442       $46,722       $141,836       $—        $47,031  
Change in units (note 5):            
Units purchased     1,727       20       498       1,847       333       1,916  
Units redeemed     (208     (66     (2,375     (798     (1,959     (290
Net increase (decrease) in units from capital transactions with contract owners     1,519       (46     (1,877     1,049       (1,626     1,626  

 

See accompanying notes to financial statements.

 

F-22


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

Fidelity Contrafund     Fidelity Puritan Trust     Fidelity Stock Fund     Franklin Fund Allocator
Series
    Franklin Value Investors
Trust
 
Fidelity Advisor®
New Insights Fund —
Class A
    Fidelity®
Balanced Fund —
Class A
    Fidelity® Leveraged
Company Stock Fund —
Class A
    Franklin Global
Allocation Fund —
Class A
    Franklin Small
Cap Value Fund —
Class A
 
Year ended
December 31,
2025
    Year ended
December 31,
2024
    Year ended
December 31,
2025
    Period from
October 25 to
December 31,
2024
    Year ended
December 31,
2025
    Period from
October 25 to
December 31,
2024
    Year ended
December 31,
2025
    Year ended
December 31,
2024
    Year ended
December 31,
2025
    Year ended
December 31,
2024
 
                 
                 
  $(1,235     $(2,916     $8       $9       $—        $—        $(2,319     $(1,548     $(262     $(378
  5,730       48,985       48       3       —        —        12,267       9,040       711       1,969  
  2,957       7,907       467       (51     —        —        19,475       26,780       (366     1,332  
  7,802       5,546       218       55       —        —        13,384       —        2,992       2,580  
  15,254       59,522       741       16       —        —        42,807       34,272       3,075       5,503  
                 
  (5,855     (10,347     (334     —        —        —        (22,052     (17,770     (5,117     (3,463
  (1,501     (3,830     (127     (27     —        —        (7,825     (7,822     (1,021     (1,051
  (4,866     (238,615     (101     5,603       —        —        (3,479     (6,300     2,241       (4,035
  (12,222     (252,792     (562     5,576       —        —        (33,356     (31,892     (3,897     (8,549
  3,032       (193,270     179       5,592       —        —        9,451       2,380       (822     (3,046
  77,673       270,943       5,592       —        —        —        319,653       317,273       46,931       49,977  
  $80,705       $77,673       $5,771       $5,592       $—        $—        $329,104       $319,653       $46,109       $46,931  
                 
  234       142       32       567       —        —        291       195       494       417  
  (482     (6,568     (81     (9     —        —        (2,112     (2,116     (613     (697

 

(248

    (6,426     (49     558       —        —        (1,821     (1,921     (119     (280

 

See accompanying notes to financial statements.

 

F-23


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

    JPMorgan Trust II     Janus Investment Fund  
    JPMorgan
Core Bond Fund —
Class A
    JPMorgan Investor
Growth & Income Fund —
Class A
    Janus Henderson
Forty Fund —
Class A
 
     Year ended
December 31,
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)     $3,366       $2,879       $—        $—        $—        $(593
Net realized gain (loss) on investments     (2,674     (2,464     —        —        —        18,939  
Change in unrealized appreciation (depreciation) on investments     7,616       (144     —        —        —        (8,302
Capital gain distributions     —        —        —        —        —        —   
Increase (decrease) in net assets from operations     8,308       271       —        —        —        10,044  
From capital transactions (note 4):            
Transfers for contract benefits and terminations     (20,985     (15,536     —        —        —        (2,074
Administrative expenses     (3,590     (2,904     —        —        —        (780
Transfers between subaccounts (including fixed account), net     22,061       57,796       —        —        —        (74,480
Increase (decrease) in net assets from capital transactions     (2,514     39,356       —        —        —        (77,334
Increase (decrease) in net assets     5,794       39,627       —        —        —        (67,290
Net assets at beginning of year     150,951       111,324       —        —        —        67,290  
Net assets at end of year     $156,745       $150,951       $—        $—        $—        $—   
Change in units (note 5):            
Units purchased     3,556       5,406       —        —        —        49  
Units redeemed     (3,743     (2,223     —        —        —        (2,044
Net increase (decrease) in units from capital transactions with contract owners     (187     3,183       —        —        —        (1,995

 

See accompanying notes to financial statements.

 

F-24


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

Legg Mason Global Asset
Management Trust
    Legg Mason Partners
Variable Equity Trust
    Lord Abbett Affiliated
Fund, Inc.
    Lord Abbett Bond
Debenture Fund, Inc.
    Lord Abbett Mid Cap
Stock Fund, Inc.
 
ClearBridge
Value Fund —
Class FI
    ClearBridge
Growth Fund —
Class FI
    Lord Abbett
Affiliated Fund —
Class A
    Lord Abbett Bond
Debenture Fund —
Class A
    Lord Abbett
Mid Cap Stock Fund —
Class A
 
Year ended
December 31,
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
 
                 
                 
  $(305     $(150     $—        $—        $—        $—        $3,080       $3,380       $(507     $(73
  (115     533       —        —        —        —        390       391       (708     380  
  1,255       (1,687     —        —        —        —        940       178       908       (2,793
  3,219       3,407       —        —        —        —        —        —        3,029       3,881  
  4,054       2,103       —        —        —        —        4,410       3,949       2,722       1,395  
                 
  (5,106     (1,855     —        —        —        —        (9,826     (9,183     (5,109     (1,858
  (1,017     (472     —        —        —        —        (1,656     (1,753     (1,018     (472
  1,360       47,508       —        —        —        —        (486     1,245       2,332       48,297  
  (4,763     45,181       —        —        —        —        (11,968     (9,691     (3,795     45,967  
  (709     47,284       —        —        —        —        (7,558     (5,742     (1,073     47,362  
  47,284       —        —        —        —        —        73,779       79,521       47,362       —   
  $46,575       $47,284       $—        $—        $—        $—        $66,221       $73,779       $46,289       $47,362  
                 
  279       1,955       —        —        —        —        444       394       368       2,190  
  (435     (301     —        —        —        —        (1,097     (939     (510     (294

 

(156

    1,654       —        —        —        —        (653     (545     (142     1,896  

 

See accompanying notes to financial statements.

 

F-25


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

    PIMCO Funds  
    PIMCO High
Yield Fund —
Class A
    PIMCO Long-Term U.S.
Government Fund —
Class A
    PIMCO Low
Duration Fund —
Class A
 
     Year ended
December 31,
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)     $3,019       $3,364       $3,418       $2,934       $3,403       $3,574  
Net realized gain (loss) on investments     (1,465     (1,519     (2,541     (5,105     (1,274     (1,502
Change in unrealized appreciation (depreciation) on investments     2,702       1,809       8,499       (12,519     2,921       2,323  
Capital gain distributions     —        —        —        —        —        —   
Increase (decrease) in net assets from operations     4,256       3,654       9,376       (14,690     5,050       4,395  
From capital transactions (note 4):            
Transfers for contract benefits and terminations     (9,815     (9,178     (24,771     (24,890     (13,949     (13,245
Administrative expenses     (1,656     (1,753     (4,134     (4,801     (3,363     (3,462
Transfers between subaccounts (including fixed account), net     (485     1,677       48,812       (45,637     2,685       5,604  
Increase (decrease) in net assets from capital transactions     (11,956     (9,254     19,907       (75,328     (14,627     (11,103
Increase (decrease) in net assets     (7,700     (5,600     29,283       (90,018     (9,577     (6,708
Net assets at beginning of year     74,072       79,672       159,817       249,835       143,143       149,851  
Net assets at end of year     $66,372       $74,072       $189,100       $159,817       $133,566       $143,143  
Change in units (note 5):            
Units purchased     486       437       6,374       3,896       1,510       1,313  
Units redeemed     (1,124     (945     (4,665     (9,653     (2,821     (2,328
Net increase (decrease) in units from capital transactions with contract owners     (638     (508     1,709       (5,757     (1,311     (1,015

 

See accompanying notes to financial statements.

 

F-26


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

PIMCO Funds (continued)     Prudential Investment
Portfolios 18
    Prudential Jennison
Natural Resources Fund, Inc.
    Putnam Investment Funds     T. Rowe Price Capital
Appreciation Fund
 
PIMCO Total
Return Fund —
Class A
    PGIM Jennison Focused
Growth Fund —
Class A
    PGIM Jennison Natural
Resources Fund, Inc. —
Class A
    Putnam International
Small Cap Fund —
Class A
    T. Rowe Price Capital
Appreciation Fund —
Advisor 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
    Year ended
December 31,
2025
    Year ended
December 31,
2024
    Year ended
December 31,
2025
    Year ended
December 31,
2024
 
                 
                 
  $8,672       $9,484       $(256     $(244     $—        $—        $1,888       $1,037       $(2     $12  
  (11,428     (6,650     763       705       —        —        3,727       1,766       90       96  
  25,776       (449     1,118       3,421       —        —        3,276       (1,932     58       —   
  —        —        652       —        —        —        2,831       —        321       357  
  23,020       2,385       2,277       3,882       —        —        11,722       871       467       465  
                 
  (34,639     (35,492     —        —        —        —        (5,117     (3,455     (361     (363
  (7,514     (7,811     (261     (256     —        —        (1,026     (1,049     (92     (92
  (62,650     69,406       (535     (2,574     —        —        (6,568     1,226       260       (42
  (104,803     26,103       (796     (2,830     —        —        (12,711     (3,278     (193     (497
  (81,783     28,488       1,481       1,052       —        —        (989     (2,407     274       (32
  368,544       340,056       14,773       13,721       —        —        47,937       50,344       4,760       4,792  
  $286,761       $368,544       $16,254       $14,773       $—        $—        $46,948       $47,937       $5,034       $4,760  
                 
  4,048       7,129       224       147       —        —        498       576       11       5  
  (11,924     (5,064     (270     (415     —        —        (1,340     (806     (16     (21

 

(7,876

    2,065       (46     (268     —        —        (842     (230     (5     (16

 

See accompanying notes to financial statements.

 

F-27


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

    T. Rowe Price Equity
Income Fund
    T. Rowe Price Growth
Stock Fund, Inc.
    The AB Portfolios  
    T. Rowe Price Equity
Income Fund —
Advisor Class
    T. Rowe Price Growth
Stock Fund —
Advisor Class
    AB All Market Total
Return Portfolio —
Class A
 
     Year ended
December 31,
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)     $(48     $10       $—        $—        $4,660       $1,801  
Net realized gain (loss) on investments     271       8,618       —        —        3,055       1,514  
Change in unrealized appreciation (depreciation) on investments     1,885       (1,066     —        —        (4,541     4,673  
Capital gain distributions     215       1,233       —        —        18,693       —   
Increase (decrease) in net assets from operations     2,323       8,795       —        —        21,867       7,988  
From capital transactions (note 4):            
Transfers for contract benefits and terminations     (2,305     (4,588     —        —        (17,345     (5,962
Administrative expenses     (559     (1,343     —        —        (3,878     (2,522
Transfers between subaccounts (including fixed account), net     88       (71,444     —        —        140,859       (503
Increase (decrease) in net assets from capital transactions     (2,776     (77,375     —        —        119,636       (8,987
Increase (decrease) in net assets     (453     (68,580     —        —        141,503       (999
Net assets at beginning of year     19,725       88,305       —        —        114,784       115,783  
Net assets at end of year     $19,272       $19,725       $—        $—        $256,287       $114,784  
Change in units (note 5):            
Units purchased     67       231       —        —        9,457       340  
Units redeemed     (166     (3,146     —        —        (1,935     (933
Net increase (decrease) in units from capital transactions with contract owners     (99     (2,915     —        —        7,522       (593

 

See accompanying notes to financial statements.

 

F-28


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

The AB Portfolios
(continued)
    The Advisors’ Inner Circle
Fund III
    Thornburg Investment Trust     Virtus Investment Trust  
AB Wealth Appreciation
Strategy —
Class A
    First Foundation Total
Return Fund —
Class A
    Thornburg International
Equity Fund —
Class A
    Thornburg Small/Mid Cap
Growth Fund —
Class A
    Virtus NFJ International
Value Fund —
Class A
 
Year ended
December 31,
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
 
                 
                 
  $—        $(438     $1,800       $2,650       $—        $—        $—        $—        $363       $55  
  —        7,876       (126     304       —        —        —        —        379       66  
  —        (1,044     3,113       (3,373     —        —        —        —        2,429       (520
  —        —        1,050       2,802       —        —        —        —        —        —   
  —        6,394       5,837       2,383       —        —        —        —        3,171       (399
                 
  —        (1,608     (6,419     (2,246     —        —        —        —        (729     (725
  —        (583     (1,642     (1,603     —        —        —        —        (185     (184
  —        (53,976     3,395       3,286       —        —        —        —        (1,724     1,277  
  —        (56,167     (4,666     (563     —        —        —        —        (2,638     368  
  —        (49,773     1,171       1,820       —        —        —        —        533       (31
  —        49,773       75,403       73,583       —        —        —        —        9,560       9,591  
  $—        $—        $76,574       $75,403       $—        $—        $—        $—        $10,093       $9,560  
                 
  —        20       382       317       —        —        —        —        39       244  
  —        (2,828     (602     (340     —        —        —        —        (344     (195

 

— 

 

    (2,808     (220     (23     —        —        —        —        (305     49  

 

See accompanying notes to financial statements.

 

F-29


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Statements of Changes in Net Assets — Continued

 

    Virtus Investment Trust
(continued)
 
    Virtus NFJ Large-Cap
Value Fund —
Class A
 
     Year ended
December 31,
2025
    Year ended
December 31,
2024
 
Increase (decrease) in net assets    
From operations:    
Net investment income (expense)     $—        $—   
Net realized gain (loss) on investments     —        —   
Change in unrealized appreciation (depreciation) on investments     —        —   
Capital gain distributions     —        —   
Increase (decrease) in net assets from operations     —        —   
From capital transactions (note 4):    
Transfers for contract benefits and terminations     —        —   
Administrative expenses     —        —   
Transfers between subaccounts (including fixed account), net     —        —   
Increase (decrease) in net assets from capital transactions     —        —   
Increase (decrease) in net assets     —        —   
Net assets at beginning of year     —        —   
Net assets at end of year     $—        $—   
Change in units (note 5):    
Units purchased     —        —   
Units redeemed     —        —   
Net increase (decrease) in units from capital transactions with contract owners     —        —   

 

See accompanying notes to financial statements.

 

F-30


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Notes to Financial Statements

December 31, 2025

 

(1)

Description of Entity

Genworth Life of New York VA Separate Account 2 (the “Separate Account”) is a separate investment account established on January 17, 2008, by Genworth Life Insurance Company of New York (“GLICNY”), pursuant to the laws of the State of New York. GLICNY is a stock life insurance company incorporated under the laws of New York on February 23, 1988. GLICNY is owned 65.5% by Genworth Life Insurance Company (“GLIC”) and 34.5% by Genworth Life and Annuity Insurance Company (“GLAIC”). GLAIC is a direct, wholly-owned subsidiary of GLIC, and GLIC is a direct, wholly-owned subsidiary of Genworth North America Corporations (“GNA”), which is indirectly wholly-owned by Genworth Financial, Inc. (“Genworth”). 

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 also available for sale directly to the general public. GLICNY uses the Separate Account to support flexible purchase payment variable deferred annuity contracts issued by GLICNY, as well as other purposes permitted by law.

Currently, there are multiple subaccounts of the Separate Account available under each contract. Each subaccount invests exclusively in shares representing an interest in a separate corresponding Portfolio (a division of a Fund, the assets of which are separate from other Portfolios that may be available in the Fund).

The assets of the Separate Account belong to GLICNY. However, GLICNY does not charge the assets in the Separate Account attributable to the contracts with liabilities arising out of any other business that GLICNY may conduct. The assets of the Separate Account will, however, be available to cover the liabilities of GLICNY’s General Account to the extent that the assets of the Separate Account exceed the liabilities arising under the contracts supported by it. Income and both realized and unrealized gains or losses from the assets of the Separate Account are credited to or charged against the Separate Account without regard to the income, gains or losses arising out of any other business GLICNY may conduct. Guarantees made under the contracts, including any rider options, are based on the claims paying ability of GLICNY to the extent that the amount of the guarantee exceeds the assets available in the Separate Account.

The Separate Account is registered with the U.S. Securities and Exchange Commission (“SEC”) as a unit investment trust under the Investment Company Act of 1940, as amended. The Separate Account meets the definition of a separate account under the Federal securities laws. Registration with the SEC does not involve supervision of the management or investment practices or policies of the Separate Account by the SEC. Contract owners assume the full investment risk for amounts allocated by contract owners to the Separate Account.

 

F-31


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

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

Putnam Investment Funds — Putnam International Capital Opportunities Fund — Class A

 

Putnam Investment Funds — Putnam International Small Cap Fund — Class A

 

September 30, 2025

AIM Counselor Series Trust (Invesco Counselor Series Trust) — Invesco Capital Appreciation Fund — Class A

 

AIM Counselor Series Trust (Invesco Counselor Series Trust) — Invesco Discovery Large Cap Fund — Class A

 

December 20, 2024

Legg Mason Partners Variable Equity Trust — ClearBridge Aggressive Growth Fund — Class FI

 

Legg Mason Partners Variable Equity Trust — ClearBridge Growth Fund — Class FI

 

April 29, 2024

Legg Mason Global Asset Management Trust — ClearBridge Value Trust — Class FI

 

Legg Mason Global Asset Management Trust — ClearBridge Value Fund — Class FI

 

March 1, 2024

During the year ended December 31, 2024, the following Portfolio(s) were liquidated, and the Portfolio assets were reinvested in new or existing Portfolio(s):

 

Liquidated Portfolio

 

Reinvested Portfolio

 

Inception Date

Fidelity Advisor Series I — Fidelity Advisor® Balanced Fund — Class A

 

Fidelity Puritan Trust — Fidelity® Balanced Fund — Class A

 

October 25, 2024  

Fidelity Advisor Series I — Fidelity Advisor® Leveraged Company Stock Fund — Class A

 

Fidelity Stock Fund — Fidelity® Leveraged Company Stock Fund — Class A

 

October 25, 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.

 

F-32


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Notes to Financial Statements — Continued

December 31, 2025

 

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.

(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) Net Assets

Net assets are currently attributable to contract owners in the accumulation period as no contract owners have begun receiving annuity payments.

(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.

 

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GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

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 Cap Fund, Inc.

     

AB Small Cap Growth Portfolio — Class A

   $ —       $ —   

AB Trust

     

AB International Value Fund — Class A

     —         —   

AIM Counselor Series Trust (Invesco Counselor Series Trust)

     

Invesco Discovery Large Cap Fund — Class A

     40,204        244,119  

AIM Equity Funds (Invesco Equity Funds)

     

Invesco Charter Fund — Class A

     103,705        9,338  

Invesco Main Street Fund® — Class A

     62,588        19,548  

AIM Growth Series (Invesco Growth Series)

     

Invesco Main Street Mid Cap Fund® — Class A

     13,761        14,654  

AIM International Mutual Funds (Invesco International Mutual Funds)

     

Invesco Global Fund — Class A

     7,330        6,503  

AIM Sector Funds (Invesco Sector Funds)

     

Invesco Comstock Fund — Class A

     8,276        62,237  

Allspring Funds Trust

     

Allspring Disciplined U.S. Core Fund — Class A

     —         —   

Allspring Special Large Cap Value Fund — Class A

     —         —   

Allspring Treasury Plus Money Market Fund — Class A

     85,510        161,646  

American Century Capital Portfolios, Inc.

     

American Century Equity Income Fund — A Class

     —         —   

American Century Government Income Trust

     

American Century Inflation-Adjusted Bond Fund — A Class

     20,974        30,784  

BlackRock Global Allocation Fund, Inc.

     

BlackRock Global Allocation Fund — Investor A

     24,925        30,866  

BlackRock Large Cap Focus Value Fund, Inc.

     

BlackRock Large Cap Focus Value Fund, Inc. — Investor A

     11,679        16,376  

Calamos Investment Trust

     

Calamos Growth Fund — Class A

     3,222        2,661  

Cohen & Steers Global Realty Shares, Inc.

     

Cohen & Steers Global Realty Shares, Inc. — Class A

     10,236        13,875  

Columbia Acorn Trust

     

Columbia Acorn Fund — Class A

     13,590        11,657  

Columbia Acorn International SelectSM — Class A

     —         —   

Columbia Funds Series Trust

     

Columbia Large Cap Growth Opportunity Fund — Class A

     —         —   

Columbia Select Mid Cap Value Fund — Class A

     11,809        15,858  

Davis New York Venture Fund, Inc.

     

Davis New York Venture Fund — Class A

     51,667        9,598  

Eaton Vance Mutual Funds Trust

     

Eaton Vance Floating-Rate Fund — Class A

     17,009        22,866  

Eaton Vance Special Investment Trust

     

Eaton Vance Large-Cap Value Fund — Class A

     —         —   

 

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GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Notes to Financial Statements — Continued

December 31, 2025

 

Fund/Portfolio

   Cost of
Shares
Acquired
     Proceeds
from
Shares Sold
 

Federated Hermes Equity Funds

     

Federated Hermes Kaufmann Fund — Class A

   $ 58,737      $ 6,715  

Fidelity Advisor Series I

     

Fidelity Advisor® Equity Growth Fund — Class A

     25,968        136,513  

Fidelity Advisor Series II

     

Fidelity Advisor® Mid Cap II Fund — Class A

     11,268        58,250  

Fidelity Contrafund

     

Fidelity Advisor® New Insights Fund — Class A

     18,115        23,769  

Fidelity Puritan Trust

     

Fidelity® Balanced Fund — Class A

     612        947  

Fidelity Stock Fund

     

Fidelity® Leveraged Company Stock Fund — Class A

     —         —   

Franklin Fund Allocator Series

     

Franklin Global Allocation Fund — Class A

     21,421        43,712  

Franklin Value Investors Trust

     

Franklin Small Cap Value Fund — Class A

     16,666        17,831  

JPMorgan Trust II

     

JPMorgan Core Bond Fund — Class A

     50,755        49,902  

JPMorgan Investor Growth & Income Fund — Class A

     —         —   

Janus Investment Fund

     

Janus Henderson Forty Fund — Class A

     —         —   

Legg Mason Global Asset Management Trust

     

ClearBridge Value Fund — Class FI

     11,623        13,461  

Legg Mason Partners Variable Equity Trust

     

ClearBridge Growth Fund — Class FI

     —         —   

Lord Abbett Affiliated Fund, Inc.

     

Lord Abbett Affiliated Fund — Class A

     —         —   

Lord Abbett Bond Debenture Fund, Inc.

     

Lord Abbett Bond Debenture Fund — Class A

     12,354        21,187  

Lord Abbett Mid Cap Stock Fund, Inc.

     

Lord Abbett Mid Cap Stock Fund — Class A

     12,298        13,570  

PIMCO Funds

     

PIMCO High Yield Fund — Class A

     13,328        22,215  

PIMCO Long-Term U.S. Government Fund — Class A

     85,915        62,753  

PIMCO Low Duration Fund — Class A

     22,266        33,465  

PIMCO Total Return Fund — Class A

     67,210        163,082  

Prudential Investment Portfolios 18

     

PGIM Jennison Focused Growth Fund — Class A

     2,899        3,298  

Prudential Jennison Natural Resources Fund, Inc.

     

PGIM Jennison Natural Resources Fund, Inc. — Class A

     —         —   

Putnam Investment Funds

     

Putnam International Small Cap Fund — Class A

     12,888        20,877  

T. Rowe Price Capital Appreciation Fund

     

T. Rowe Price Capital Appreciation Fund — Advisor Class

     804        677  

T. Rowe Price Equity Income Fund

     

T. Rowe Price Equity Income Fund — Advisor Class

     2,239        4,907  

 

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GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Notes to Financial Statements — Continued

December 31, 2025

 

Fund/Portfolio

   Cost of
Shares
Acquired
     Proceeds
from
Shares Sold
 

T. Rowe Price Growth Stock Fund, Inc.

     

T. Rowe Price Growth Stock Fund — Advisor Class

   $ —       $ —   

The AB Portfolios

     

AB All Market Total Return Portfolio — Class A

     176,507        33,510  

AB Wealth Appreciation Strategy — Class A

     —         —   

The Advisors’ Inner Circle Fund III

     

First Foundation Total Return Fund — Class A

     12,106        13,920  

Thornburg Investment Trust

     

Thornburg International Equity Fund — Class A

     —         —   

Thornburg Small/Mid Cap Growth Fund — Class A

     —         —   

Virtus Investment Trust

     

Virtus NFJ International Value Fund — Class A

     879        3,153  

Virtus NFJ Large-Cap Value Fund — Class A

     —         —   

 

(4)

Related Party Transactions

(a) GLICNY

Net purchase payments (premiums) transferred from GLICNY to the Separate Account represent gross premiums recorded by GLICNY on its flexible premium variable deferred annuity contracts, less deductions retained as compensation for premium taxes. GLICNY may deduct charges for premium tax or other tax levied by any governmental entity from purchase payments or assets when the premium tax is incurred or when we pay proceeds under the contract. During the period of January 1, 2024 to December 31, 2025, there were no premiums received.

Charges are assessed under the contracts to cover mortality and expense risks that GLICNY assumes, certain administrative expenses, as well as any additional elective benefits provided under the contract. Contract owners may elect one of two separate classes of contracts available – one class that assesses a sales charge upon surrender of the contract within 7 years of receipt of the purchase payment (“Class B”), the other class which assesses a sales charge upon surrender of the contract within 4 years of receipt of the purchase payment (“Class L”). There is also a charge assessed if the contract owner elects a joint annuitant, a living benefit rider option and/or a death benefit rider option.

The mortality and expense risk charge for the contract is lower if the contract owner elects Class B and higher if the contract owner elects Class L. As of December 31, 2025, the mortality and expense risk charge was 1.20% for Class B and 1.50% for Class L. As of December 31, 2025, the administrative expense charge for both classes was 0.15% and the joint annuitant charge for both classes was 0.05%. The administrative expense charge, mortality and expense risk charge and joint annuitant charge are assessed on the contract owners’ average daily net assets in the Separate Account and, therefore, are assessed through a reduction of unit values.

As of December 31, 2025, the charge for the living benefit rider options upon reset was 1.25% of benefit base and, if the Principal Protection Death Benefit (“PPDB”) was elected with the living benefit rider option, there is an additional charge that ranged from 0.15% to 0.50% of the value of the PPDB. The charge for the Annual Step-Up Death Benefit Rider (“ASDB”) as of December 31, 2025 was 0.20%. The charge for the ASDB is assessed as a percentage of contract value at the time the charge is taken. The charges for the living benefit riders, including the PPDB, and the ASDB are assessed through a redemption in units.

Note 6 demonstrates the total charge percentage by unit in a range. The unit class may encompass multiple contracts through a combination of one or more available rider options equal to the total amount assessed on a daily basis. The range of

 

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GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Notes to Financial Statements — Continued

December 31, 2025

 

contract charges as of December 31, 2025 was 1.35% to 1.70% as a percentage of contract owners’ average daily net assets in the Separate Account and reflect a Class B contract with a single annuitant (lowest fee) to a Class L contract with joint annuitants. The charges for the living benefit riders, including the PPDB, and the ASDB rider are not reflected in this range because the charges are not assessed on the contract owners’ average daily net assets in the Separate Account. In addition to the charges described above, an annual contract maintenance charge of $30.00 is assessed to all contracts. This charge is taken on each contract anniversary and at the time the contract is surrendered. This charge is assessed through a redemption in units. This charge is not assessed if the contract owner’s contract value is $40,000 or more at the time the charge is due.

(b) Accrued Expenses Payable to Affiliate

Charges and deductions made under the contracts for services and benefits unpaid at year-end are accrued and payable to GLICNY.

(c) Capital Brokerage Corporation

Capital Brokerage Corporation (“CBC”), an affiliate of GLICNY, is a Washington corporation registered with the SEC under the Securities Exchange Act of 1934 as a broker-dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”). CBC serves as the distributor and principal underwriter for variable annuity contracts and variable life insurance policies issued by GLICNY. GLICNY pays commissions and other marketing related expenses to CBC. Certain officers and directors of GLICNY are also officers and directors of CBC.

 

(5)

Capital Transactions

All dividends and capital gain distributions of the Portfolios are automatically reinvested in shares of the distributing Portfolios at their net asset value on the date of distribution. In other words, Portfolio dividends or Portfolio distributions are not paid to contract owners as additional units, but instead are reflected in unit values.

The increase (decrease) in outstanding units and amounts by subaccount from capital transactions for the years or lesser periods ended December 31, 2025 and 2024 are reflected in the Statements of Changes in Net Assets.

 

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GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

Notes to Financial Statements — Continued

December 31, 2025

 

(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.

 

    Expense as a
% of Average
Net Assets (1)
    Units     Unit Value     Net
Assets
000s
    Investment
Income
Ratio (2)
    Total Return (3)  

AB Cap Fund, Inc.

           

AB Small Cap Growth Portfolio — Class A

           

2025

    1.35% to 1.70%       —        44.53 to 41.83       —        0.00%       3.44% to    3.07%  

2024

    1.35% to 1.70%       —        43.05 to 40.58       —        0.00%       16.88% to   16.47%  

2023

    1.35% to 1.70%       —        36.83 to 34.84       —        0.00%       16.25% to   15.84%  

2022

    1.35% to 1.70%       —        31.68 to 30.08       —        0.00%       (39.91)% to (40.13)%  

2021

    1.35% to 1.70%       —        52.73 to 50.24       —        0.00%       7.86% to    7.47%  

AB Trust

           

AB International Value Fund — Class A

           

2025

    1.35% to 1.70%       —        10.79 to 10.13       —        0.00%       40.06% to   39.56%  

2024

    1.35% to 1.70%       —        7.70 to  7.26       —        0.00%       3.38% to    3.01%  

2023

    1.35% to 1.70%       —        7.45 to  7.05       —        0.00%       13.34% to   12.94%  

2022

    1.35% to 1.70%       7,591       6.57 to  6.24       49       1.18%       (12.01)% to (12.32)%  

2021

    1.35% to 1.70%       —        7.47 to  7.12       —        0.00%       9.27% to    8.88%  

AIM Counselor Series Trust (Invesco Counselor Series Trust)

           

Invesco Discovery Large Cap Fund — Class A

           

2025

    1.35% to 1.70%       —        43.47 to 40.84       —        0.00%       11.10% to   10.71%  

2024

    1.35% to 1.70%       4,930       39.13 to 36.89       188       0.00%       32.19% to   31.72%  

2023

    1.35% to 1.70%       3,426       29.60 to 28.01       99       0.00%       33.69% to   33.22%  

2022

    1.35% to 1.70%       2,183       22.14 to 21.02       47       0.00%       (32.03)% to (32.27)%  

2021

    1.35% to 1.70%       —        32.57 to 31.04       —        0.00%       20.69% to   20.27%  

AIM Equity Funds (Invesco Equity Funds)

           

Invesco Charter Fund — Class A

           

2025

    1.35% to 1.70%       2,746       34.98 to 32.86       93       0.22%       14.38% to   13.97%  

2024

    1.35% to 1.70%       —        30.58 to 28.83       —        0.00%       23.59% to   23.15%  

2023

    1.35% to 1.70%       —        24.75 to 23.41       —        0.00%       21.38% to   20.95%  

2022

    1.35% to 1.70%       9,609       20.39 to 19.36       192       1.42%       (21.79)% to (22.07)%  

2021

    1.35% to 1.70%       1,169       26.07 to 24.84       30       0.32%       25.68% to   25.23%  

Invesco Main Street Fund® — Class A

           

2025

    1.35% to 1.70%       2,263       42.50 to 39.93       94       0.46%       14.37% to   13.96%  

2024

    1.35% to 1.70%       1,307       37.16 to 35.04       47       0.65%       21.96% to   21.53%  

2023

    1.35% to 1.70%       —        30.47 to 28.83       —        0.00%       21.41% to   20.98%  

2022

    1.35% to 1.70%       9,794       25.10 to 23.83       241       0.99%       (21.25)% to (21.53)%  

2021

    1.35% to 1.70%       9,522       31.87 to 30.37       298       0.53%       25.88% to   25.43%  

 

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GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

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 Growth Series (Invesco Growth Series)

           

Invesco Main Street Mid Cap Fund® — Class A

           

2025

    1.35% to 1.70%       1,424       33.46 to 31.44       46       0.18%       7.45% to    7.07%  

2024

    1.35% to 1.70%       1,549       31.14 to 29.36       47       0.23%       15.48% to   15.07%  

2023

    1.35% to 1.70%       1,881       26.97 to 25.52       50       0.00%       12.94% to   12.54%  

2022

    1.35% to 1.70%       —        23.88 to 22.67       —        0.00%       (15.50)% to (15.80)%  

2021

    1.35% to 1.70%       —        28.26 to 26.93       —        0.00%       21.36% to   20.93%  

AIM International Mutual Funds (Invesco International Mutual Funds)

           

Invesco Global Fund — Class A

           

2025

    1.65% to 1.65%       626       30.87 to 30.87       19       0.00%       13.35% to   13.35%  

2024

    1.65% to 1.65%       726       27.23 to 27.23       20       0.00%       14.35% to   14.35%  

2023

    1.65% to 1.65%       882       23.82 to 23.82       21       0.00%       31.83% to   31.83%  

2022

    1.65% to 1.65%       1,177       18.07 to 18.07       21       0.00%       (33.26)% to (33.26)%  

2021

    1.65% to 1.65%       1,122       27.07 to 27.07       30       0.00%       13.46% to   13.46%  

AIM Sector Funds (Invesco Sector Funds)

           

Invesco Comstock Fund — Class A

           

2025

    1.65% to 1.65%       504       38.28 to 38.28       19       1.55%       15.22% to   15.22%  

2024

    1.35% to 1.70%       1,990       34.94 to 32.94       67       1.67%       13.46% to   13.06%  

2023

    1.35% to 1.70%       2,368       30.80 to 29.14       71       1.27%       10.73% to   10.34%  

2022

    1.65% to 1.65%       808       26.61 to 26.61       21       1.37%       (0.85)% to  (0.85)%  

2021

    1.35% to 1.70%       —        27.97 to 26.65       —        0.00%       31.52% to   31.05%  

Allspring Funds Trust

           

Allspring Disciplined U.S. Core Fund — Class A

           

2025

    1.35% to 1.70%       —        67.49 to 63.89       —        0.00%       17.06% to   16.64%  

2024

    1.35% to 1.70%       —        57.66 to 54.77       —        0.00%       27.48% to   27.03%  

2023

    1.35% to 1.70%       —        45.23 to 43.12       —        0.00%       24.24% to   23.80%  

2022

    1.35% to 1.70%       —        36.40 to 34.83       —        0.00%       (19.22)% to (19.51)%  

2021

    1.35% to 1.70%       —        45.07 to 43.27       —        0.00%       28.66% to   28.21%  

Allspring Special Large Cap Value Fund — Class A

           

2025

    1.35% to 1.70%       —        43.71 to 41.37       —        0.00%       14.88% to   14.47%  

2024

    1.35% to 1.70%       —        38.05 to 36.14       —        0.00%       14.98% to   14.57%  

2023

    1.35% to 1.70%       —        33.09 to 31.55       —        0.00%       12.06% to   11.67%  

2022

    1.35% to 1.70%       —        29.53 to 28.25       —        0.00%       (7.85)% to  (8.18)%  

2021

    1.35% to 1.70%       —        32.04 to 30.77       —        0.00%       22.09% to   21.66%  

Allspring Treasury Plus Money Market Fund — Class A

           

2025

    1.35% to 1.70%       —        9.65 to  9.13       —        0.97%       2.38% to    2.01%  

2024

    1.40% to 1.40%       8,161       9.36 to  9.36       76       0.49%       3.24% to    3.24%  

2023

    1.35% to 1.70%       —        9.13 to  8.70       —        0.06%       3.19% to    2.83%  

2022

    1.40% to 1.40%       8,820       8.79 to  8.79       78       0.38%       (0.22)% to  (0.22)%  

2021

    1.35% to 1.70%       —        8.86 to  8.50       —        0.00%       (1.34)% to  (1.69)%  

 

F-39


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

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)  

American Century Capital Portfolios, Inc.

           

American Century Equity Income Fund — A Class

           

2025

    1.35% to 1.70%       —        29.18 to 27.41       —        0.00%       10.12% to    9.73%  

2024

    1.35% to 1.70%       —        26.49 to 24.98       —        0.00%       8.76% to    8.37%  

2023

    1.35% to 1.70%       —        24.36 to 23.05       —        0.00%       2.25% to    1.88%  

2022

    1.35% to 1.70%       —        23.83 to 22.62       —        0.00%       (4.68)% to  (5.02)%  

2021

    1.35% to 1.70%       —        25.00 to 23.82       —        0.82%       14.92% to   14.51%  

American Century Government Income Trust

           

American Century Inflation-Adjusted Bond Fund — A Class

           

2025

    1.35% to 1.70%       9,705       12.06 to 11.33       114       3.93%       4.89% to    4.52%  

2024

    1.35% to 1.70%       10,795       11.50 to 10.84       121       1.72%       0.15% to  (0.20)%  

2023

    1.35% to 1.70%       13,120       11.48 to 10.86       147       3.66%       1.43% to    1.07%  

2022

    1.35% to 1.70%       18,428       11.32 to 10.74       204       7.55%       (13.73)% to (14.03)%  

2021

    1.35% to 1.70%       8,322       13.12 to 12.50       107       4.05%       4.69% to    4.32%  

BlackRock Global Allocation Fund, Inc.

           

BlackRock Global Allocation Fund — Investor A

           

2025

    1.35% to 1.65%       11,306       20.23 to 19.18       220       2.49%       17.77% to   17.41%  

2024

    1.35% to 1.65%       12,539       17.18 to 16.33       208       1.13%       7.52% to    7.20%  

2023

    1.35% to 1.65%       12,986       15.98 to 15.24       201       1.19%       10.83% to   10.50%  

2022

    1.35% to 1.65%       13,453       14.42 to 13.79       188       0.00%       (17.18)% to (17.43)%  

2021

    1.35% to 1.65%       14,508       17.41 to 16.70       245       0.95%       5.01% to    4.69%  

BlackRock Large Cap Focus Value Fund, Inc.

           

BlackRock Large Cap Focus Value Fund, Inc. — Investor A

           

2025

    1.35% to 1.70%       1,436       33.56 to 31.53       47       1.84%       23.32% to   22.89%  

2024

    1.35% to 1.70%       1,798       27.21 to 25.66       48       1.92%       8.58% to    8.20%  

2023

    1.35% to 1.70%       2,153       25.06 to 23.71       53       2.17%       14.36% to   13.96%  

2022

    1.35% to 1.70%       2,258       21.91 to 20.81       48       1.36%       (6.14)% to  (6.47)%  

2021

    1.35% to 1.70%       —        23.35 to 22.25       —        0.00%       20.59% to   20.17%  

Calamos Investment Trust

           

Calamos Growth Fund — Class A

           

2025

    1.65% to 1.65%       457       36.78 to 36.78       17       0.00%       14.23% to   14.23%  

2024

    1.65% to 1.65%       468       32.20 to 32.20       15       0.00%       30.05% to   30.05%  

2023

    1.65% to 1.65%       562       24.76 to 24.76       14       0.00%       35.31% to   35.31%  

2022

    1.35% to 1.70%       3,211       19.13 to 18.16       60       0.00%       (34.23)% to (34.47)%  

2021

    1.35% to 1.70%       2,224       29.09 to 27.72       63       0.00%       21.61% to   21.18%  

Cohen & Steers Global Realty Shares, Inc.

           

Cohen & Steers Global Realty Shares, Inc. — Class A

           

2025

    1.35% to 1.70%       3,102       15.57 to 14.63       47       3.12%       8.81% to    8.42%  

2024

    1.35% to 1.70%       3,408       14.31 to 13.49       48       2.40%       (0.83)% to  (1.19)%  

2023

    1.35% to 1.70%       3,556       14.43 to 13.65       50       1.33%       8.93% to    8.54%  

2022

    1.35% to 1.70%       —        13.25 to 12.58       —        0.00%       (26.32)% to (26.58)%  

2021

    1.35% to 1.70%       —        17.98 to 17.13       —        1.79%       24.67% to   24.23%  

 

F-40


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

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)  

Columbia Acorn Trust

           

Columbia Acorn Fund — Class A

           

2025

    1.65% to 1.65%       3,011       25.98 to 25.98       78       0.00%       2.84% to    2.84%  

2024

    1.65% to 1.65%       2,834       25.27 to 25.27       72       0.00%       12.26% to   12.26%  

2023

    1.65% to 1.65%       3,135       22.51 to 22.51       71       0.00%       19.59% to   19.59%  

2022

    1.65% to 1.65%       3,300       18.82 to 18.82       62       0.00%       (35.10)% to (35.10)%  

2021

    1.35% to 1.70%       4,431       30.22 to 28.80       129       0.95%       7.32% to    6.94%  

Columbia Acorn International SelectSM — Class A

           

2025

    1.35% to 1.70%       —        10.69 to 10.49       —        0.00%       19.48% to   19.06%  

2024

    1.35% to 1.70%       —        8.95 to  8.81       —        0.00%       (1.66)% to  (2.01)%  

2023

    1.35% to 1.70%       —        9.10 to  8.99       —        0.00%       16.54% to   16.12%  

2022

    1.35% to 1.70%       —        7.81 to  7.74       —        0.00%       (37.65)% to (37.87)%  

2021

    1.35% to 1.70%       26,072       12.53 to 12.46       326       0.72%       9.00% to    8.61%  

Columbia Funds Series Trust

           

Columbia Large Cap Growth Opportunity Fund — Class A

           

2025

    1.35% to 1.70%       —        32.92 to 31.87       —        0.00%       13.74% to   13.34%  

2024

    1.35% to 1.70%       —        28.94 to 28.11       —        0.00%       22.77% to   22.33%  

2023

    1.35% to 1.70%       2,133       23.58 to 22.98       50       0.00%       29.50% to   29.04%  

2022

    1.35% to 1.70%       5,290       18.21 to 17.81       95       0.00%       (30.63)% to (30.88)%  

2021

    1.35% to 1.70%       1,747       26.25 to 25.77       46       0.00%       17.47% to   17.05%  

Columbia Select Mid Cap Value Fund — Class A

           

2025

    1.35% to 1.70%       1,627       32.65 to 30.68       51       0.62%       12.08% to   11.69%  

2024

    1.35% to 1.70%       1,844       29.13 to 27.47       52       0.48%       11.33% to   10.93%  

2023

    1.65% to 1.65%       193       24.96 to 24.96       5       0.85%       8.44% to    8.44%  

2022

    1.65% to 1.65%       201       23.02 to 23.02       5       0.55%       (10.94)% to (10.94)%  

2021

    1.65% to 1.65%       246       25.84 to 25.84       6       0.30%       29.78% to   29.78%  

Davis New York Venture Fund, Inc.

           

Davis New York Venture Fund — Class A

           

2025

    1.35% to 1.70%       1,647       35.84 to 33.67       57       0.74%       25.17% to   24.72%  

2024

    1.65% to 1.65%       350       27.22 to 27.22       10       1.61%       15.56% to   15.56%  

2023

    1.65% to 1.65%       406       23.56 to 23.56       10       0.92%       27.86% to   27.86%  

2022

    1.65% to 1.65%       501       18.42 to 18.42       9       1.48%       (18.83)% to (18.83)%  

2021

    1.65% to 1.65%       550       22.70 to 22.70       12       0.14%       10.65% to   10.65%  

Eaton Vance Mutual Funds Trust

           

Eaton Vance Floating-Rate Fund — Class A

           

2025

    1.35% to 1.70%       4,176       16.25 to 15.26       66       7.17%       2.20% to    1.84%  

2024

    1.35% to 1.70%       4,807       15.90 to 14.99       74       8.00%       6.49% to    6.11%  

2023

    1.35% to 1.70%       5,423       14.93 to 14.12       79       8.37%       10.32% to    9.93%  

2022

    1.35% to 1.70%       6,303       13.53 to 12.85       83       5.05%       (3.90)% to  (4.24)%  

2021

    1.35% to 1.70%       3,588       14.08 to 13.42       50       3.08%       2.61% to    2.25%  

 

F-41


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

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)  

Eaton Vance Special Investment Trust

           

Eaton Vance Large-Cap Value Fund — Class A

           

2025

    1.35% to 1.70%       2       26.78 to 25.16       —        0.00%       10.60% to   10.21%  

2024

    1.35% to 1.70%       2       24.21 to 22.83       —        0.00%       9.98% to    9.58%  

2023

    1.35% to 1.70%       2       22.02 to 20.83       —        0.53%       6.46% to    6.09%  

2022

    1.35% to 1.70%       2,395       20.68 to 19.64       48       1.11%       (4.09)% to  (4.43)%  

2021

    1.35% to 1.70%       1,426       21.56 to 20.55       30       0.97%       22.62% to   22.18%  

Federated Hermes Equity Funds

           

Federated Hermes Kaufmann Fund — Class A

           

2025

    1.35% to 1.70%       2,054       31.28 to 29.38       62       0.00%       10.03% to    9.64%  

2024

    1.65% to 1.65%       535       27.03 to 27.03       14       0.00%       14.32% to   14.32%  

2023

    1.65% to 1.65%       581       23.64 to 23.64       14       0.00%       13.02% to   13.02%  

2022

    1.65% to 1.65%       583       20.92 to 20.92       12       0.00%       (31.39)% to (31.39)%  

2021

    1.65% to 1.65%       537       30.49 to 30.49       16       0.00%       0.72% to    0.72%  

Fidelity Advisor Series I

           

Fidelity Advisor® Equity Growth Fund — Class A

           

2025

    1.35% to 1.70%       777       61.85 to 58.11       47       0.00%       12.73% to   12.33%  

2024

    1.35% to 1.70%       2,654       54.87 to 51.73       142       0.00%       27.96% to   27.50%  

2023

    1.35% to 1.70%       1,605       42.88 to 40.57       67       0.00%       33.43% to   32.95%  

2022

    1.35% to 1.70%       1,512       32.14 to 30.51       48       0.00%       (25.68)% to (25.94)%  

2021

    1.35% to 1.70%       701       43.24 to 41.20       30       0.00%       21.07% to   20.64%  

Fidelity Advisor Series II

           

Fidelity Advisor® Mid Cap II Fund — Class A

           

2025

    1.35% to 1.70%       —        32.68 to 30.70       —        0.00%       10.01% to    9.62%  

2024

    1.35% to 1.70%       1,626       29.71 to 28.01       47       0.18%       15.33% to   14.92%  

2023

    1.35% to 1.70%       —        25.76 to 24.37       —        0.00%       13.16% to   12.76%  

2022

    1.35% to 1.70%       —        22.76 to 21.61       —        0.00%       (16.17)% to (16.46)%  

2021

    1.35% to 1.70%       —        27.15 to 25.87       —        0.00%       23.23% to   22.80%  

Fidelity Contrafund

           

Fidelity Advisor® New Insights Fund — Class A

           

2025

    1.35% to 1.70%       1,538       54.55 to 51.24       81       0.00%       21.01% to   20.58%  

2024

    1.35% to 1.70%       1,786       45.08 to 42.50       78       0.03%       33.08% to   32.60%  

2023

    1.35% to 1.70%       8,212       33.87 to 32.05       271       0.23%       34.12% to   33.65%  

2022

    1.65% to 1.65%       1,038       24.16 to 24.16       25       0.34%       (28.68)% to (28.68)%  

2021

    1.35% to 1.70%       1,864       35.30 to 33.64       64       0.00%       22.62% to   22.19%  

Fidelity Puritan Trust

           

Fidelity® Balanced Fund — Class A

           

2025

    1.40% to 1.40%       509       11.35 to 11.35       6       1.56%       13.28% to   13.28%  

2024 (6)

    1.40% to 1.40%       558       10.02 to 10.02       6       0.42%       0.24% to    0.24%  

 

F-42


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

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)  

Fidelity Stock Fund

           

Fidelity® Leveraged Company Stock Fund — Class A

           

2025

    1.35% to 1.70%       —        11.86 to 11.81       —        0.00%       18.39% to   17.97%  

2024 (6)

    1.35% to 1.70%       —        10.02 to 10.01       —        0.00%       0.19% to    0.13%  

Franklin Fund Allocator Series

           

Franklin Global Allocation Fund — Class A

           

2025

    1.35% to 1.70%       16,929       20.21 to 18.99       329       0.86%       14.33% to   13.92%  

2024

    1.35% to 1.70%       18,750       17.68 to 16.67       320       1.11%       11.34% to   10.94%  

2023

    1.35% to 1.70%       20,671       15.88 to 15.02       317       1.73%       11.40% to   11.01%  

2022

    1.35% to 1.70%       22,597       14.25 to 13.53       312       4.08%       (13.02)% to (13.33)%  

2021

    1.35% to 1.70%       24,197       16.39 to 15.61       385       0.83%       10.23% to    9.84%  

Franklin Value Investors Trust

           

Franklin Small Cap Value Fund — Class A

           

2025

    1.35% to 1.70%       1,564       30.29 to 28.46       46       0.96%       5.86% to    5.48%  

2024

    1.35% to 1.70%       1,683       28.62 to 26.98       47       0.77%       9.80% to    9.41%  

2023

    1.35% to 1.70%       1,963       26.06 to 24.66       50       0.87%       11.37% to   10.98%  

2022

    1.35% to 1.70%       —        23.40 to 22.22       —        0.00%       (11.41)% to (11.72)%  

2021

    1.35% to 1.70%       —        26.42 to 25.17       —        0.00%       23.77% to   23.34%  

JPMorgan Trust II

           

JPMorgan Core Bond Fund — Class A

           

2025

    1.35% to 1.70%       12,030       13.42 to 12.61       157       3.77%       5.66% to    5.28%  

2024

    1.35% to 1.70%       12,217       12.71 to 11.98       151       3.73%       0.44% to    0.08%  

2023

    1.35% to 1.70%       9,034       12.65 to 11.97       111       3.06%       4.00% to    3.63%  

2022

    1.35% to 1.70%       27,358       12.16 to 11.55       325       2.26%       (13.74)% to (14.04)%  

2021

    1.35% to 1.70%       30,904       14.10 to 13.44       427       1.77%       (2.70)% to  (3.04)%  

JPMorgan Investor Growth & Income Fund — Class A

           

2025

    1.35% to 1.70%       —        27.99 to 26.29       —        0.00%       12.39% to   11.99%  

2024

    1.35% to 1.70%       —        24.90 to 23.48       —        0.00%       11.20% to   10.80%  

2023

    1.35% to 1.70%       —        22.39 to 21.19       —        0.00%       14.28% to   13.88%  

2022

    1.35% to 1.70%       —        19.59 to 18.61       —        0.00%       (15.87)% to (16.17)%  

2021

    1.35% to 1.70%       —        23.29 to 22.19       —        0.00%       12.43% to   12.03%  

Janus Investment Fund

           

Janus Henderson Forty Fund — Class A

           

2025

    1.35% to 1.70%       —        50.75 to 47.67       —        0.00%       16.46% to   16.05%  

2024

    1.35% to 1.70%       —        43.57 to 41.08       —        0.00%       26.24% to   25.79%  

2023

    1.35% to 1.70%       1,995       34.52 to 32.66       67       0.02%       37.66% to   37.18%  

2022

    1.35% to 1.70%       1,939       25.07 to 23.81       48       0.00%       (34.60)% to (34.83)%  

2021

    1.35% to 1.70%       —        38.34 to 36.53       —        0.00%       21.01% to   20.58%  

 

F-43


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

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)  

Legg Mason Global Asset Management Trust

           

ClearBridge Value Fund — Class FI

           

2025

    1.35% to 1.70%       1,498       31.94 to 30.01       47       0.87%       8.84% to    8.46%  

2024

    1.35% to 1.70%       1,654       29.35 to 27.67       47       0.36%       13.44% to   13.04%  

2023

    1.35% to 1.70%       —        25.87 to 24.48       —        0.00%       17.61% to   17.19%  

2022

    1.35% to 1.70%       —        22.00 to 20.89       —        0.00%       (7.77)% to  (8.10)%  

2021

    1.35% to 1.70%       —        23.85 to 22.73       —        0.00%       26.20% to   25.76%  

Legg Mason Partners Variable Equity Trust

           

ClearBridge Growth Fund — Class FI

           

2025

    1.35% to 1.70%       —        30.87 to 29.00       —        0.00%       11.84% to   11.44%  

2024

    1.35% to 1.70%       —        27.60 to 26.02       —        0.00%       10.60% to   10.20%  

2023

    1.35% to 1.70%       —        24.96 to 23.62       —        0.00%       22.12% to   21.69%  

2022

    1.35% to 1.70%       —        20.44 to 19.41       —        0.00%       (26.60)% to (26.86)%  

2021

    1.35% to 1.70%       1,704       27.85 to 26.53       47       0.00%       6.33% to    5.95%  

Lord Abbett Affiliated Fund, Inc.

           

Lord Abbett Affiliated Fund— Class A

           

2025

    1.35% to 1.70%       —        29.59 to 27.80       —        0.00%       14.19% to   13.79%  

2024

    1.35% to 1.70%       —        25.91 to 24.43       —        0.00%       15.71% to   15.30%  

2023

    1.35% to 1.70%       —        22.39 to 21.19       —        0.00%       9.00% to    8.61%  

2022

    1.35% to 1.70%       —        20.55 to 19.51       —        0.87%       (11.06)% to (11.38)%  

2021

    1.35% to 1.70%       1,329       23.10 to 22.01       30       1.22%       25.03% to   24.59%  

Lord Abbett Bond Debenture Fund, Inc.

           

Lord Abbett Bond Debenture Fund — Class A

           

2025

    1.35% to 1.70%       3,450       19.73 to 18.54       66       6.00%       6.93% to    6.55%  

2024

    1.35% to 1.70%       4,103       18.45 to 17.40       74       5.85%       5.32% to    4.95%  

2023

    1.35% to 1.70%       4,647       17.52 to 16.58       80       2.43%       5.39% to    5.01%  

2022

    1.35% to 1.70%       —        16.63 to 15.79       —        2.36%       (13.89)% to (14.19)%  

2021

    1.35% to 1.70%       2,300       19.31 to 18.40       44       1.42%       1.84% to    1.48%  

Lord Abbett Mid Cap Stock Fund, Inc.

           

Lord Abbett Mid Cap Stock Fund — Class A

           

2025

    1.35% to 1.70%       1,754       27.14 to 25.50       46       0.44%       5.82% to    5.45%  

2024

    1.35% to 1.70%       1,896       25.65 to 24.18       47       0.51%       13.49% to   13.08%  

2023

    1.35% to 1.70%       —        22.60 to 21.38       —        0.00%       13.94% to   13.54%  

2022

    1.35% to 1.70%       —        19.83 to 18.83       —        0.00%       (12.26)% to (12.57)%  

2021

    1.35% to 1.70%       —        22.60 to 21.54       —        0.00%       27.14% to   26.69%  

PIMCO Funds

           

PIMCO High Yield Fund — Class A

           

2025

    1.35% to 1.70%       3,373       20.22 to 18.99       66       5.92%       6.73% to    6.35%  

2024

    1.35% to 1.70%       4,011       18.94 to 17.86       74       5.83%       4.95% to    4.58%  

2023

    1.35% to 1.70%       4,519       18.05 to 17.08       80       5.48%       10.85% to   10.46%  

2022

    1.35% to 1.70%       5,169       16.28 to 15.46       82       4.67%       (12.29)% to (12.60)%  

2021

    1.35% to 1.70%       8,684       18.57 to 17.69       158       4.16%       2.28% to    1.92%  

 

F-44


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

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)  

PIMCO Long-Term U.S. Government Fund — Class A

           

2025

    1.35% to 1.70%       14,599       13.32 to 12.52       189       3.51%       4.63% to    4.26%  

2024

    1.35% to 1.70%       12,890       12.73 to 12.01       160       2.92%       (7.25)% to  (7.59)%  

2023

    1.35% to 1.70%       18,647       13.73 to 12.99       250       1.31%       1.76% to    1.40%  

2022

    1.35% to 1.70%       —        13.49 to 12.81       —        1.02%       (30.18)% to (30.43)%  

2021

    1.35% to 1.70%       20,138       19.33 to 18.42       381       1.56%       (6.16)% to  (6.50)%  

PIMCO Low Duration Fund — Class A

           

2025

    1.35% to 1.70%       11,698       11.63 to 10.92       134       3.95%       3.83% to    3.47%  

2024

    1.35% to 1.70%       13,009       11.20 to 10.56       143       3.88%       3.10% to    2.73%  

2023

    1.35% to 1.70%       14,024       10.86 to 10.27       150       3.79%       3.59% to    3.23%  

2022

    1.35% to 1.70%       15,140       10.48 to 9.95       156       1.56%       (6.72)% to  (7.05)%  

2021

    1.35% to 1.70%       29,168       11.24 to 10.71       323       0.54%       (2.31)% to  (2.66)%  

PIMCO Total Return Fund — Class A

           

2025

    1.35% to 1.70%       20,949       14.20 to 13.34       287       4.23%       7.49% to    7.11%  

2024

    1.35% to 1.70%       28,825       13.21 to 12.45       369       4.21%       0.87% to    0.51%  

2023

    1.35% to 1.70%       26,760       13.09 to 12.39       340       3.55%       4.52% to    4.15%  

2022

    1.35% to 1.70%       34,512       12.53 to 11.90       421       4.08%       (15.54)% to (15.84)%  

2021

    1.35% to 1.70%       24,327       14.83 to 14.13       352       1.91%       (2.51)% to  (2.86)%  

Prudential Investment Portfolios 18

           

PGIM Jennison Focused Growth Fund — Class A

           

2025

    1.65% to 1.65%       1,289       12.63 to 12.63       16       0.00%       13.98% to   13.98%  

2024

    1.65% to 1.65%       1,335       11.08 to 11.08       15       0.00%       29.35% to   29.35%  

2023

    1.65% to 1.65%       1,603       8.57 to 8.57       14       0.00%       49.79% to   49.79%  

2022

    1.65% to 1.65%       2,066       5.72 to 5.72       12       0.00%       (41.71)% to (41.71)%  

2021 (4)

    1.35% to 1.70%       4,664       9.81 to 9.81       46       0.00%       (1.87)% to  (1.89)%  

Prudential Jennison Natural Resources Fund, Inc.

           

PGIM Jennison Natural Resources Fund, Inc. — Class A

           

2025

    1.35% to 1.70%       —        10.00 to 9.39       —        0.00%       36.72% to   36.24%  

2024

    1.35% to 1.70%       —        7.31 to 6.90       —        0.00%       (0.57)% to  (0.93)%  

2023

    1.35% to 1.70%       —        7.36 to 6.96       —        0.00%       (3.50)% to  (3.84)%  

2022

    1.35% to 1.70%       —        7.62 to 7.24       —        0.00%       22.83% to   22.39%  

2021

    1.35% to 1.70%       —        6.21 to 5.91       —        0.00%       25.51% to   25.07%  

Putnam Investment Funds

           

Putnam International Small Cap Fund — Class A

           

2025

    1.35% to 1.70%       2,725       17.72 to 16.64       47       5.51%       28.38% to   27.93%  

2024

    1.35% to 1.70%       3,567       13.80 to 13.01       48       3.58%       1.64% to    1.28%  

2023

    1.35% to 1.70%       3,797       13.58 to 12.85       50       0.43%       13.67% to   13.27%  

2022

    1.35% to 1.70%       4,191       11.94 to 11.34       49       0.64%       (19.12)% to (19.41)%  

2021

    1.35% to 1.70%       2,093       14.77 to 14.07       30       0.82%       11.88% to   11.49%  

 

F-45


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

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)  

T. Rowe Price Capital Appreciation Fund

           

T. Rowe Price Capital Appreciation Fund — Advisor Class

           

2025

    1.65% to 1.65%       130       38.68 to 38.68       5       1.64%       10.32% to   10.32%  

2024

    1.65% to 1.65%       135       35.06 to 35.06       5       1.93%       10.55% to   10.55%  

2023

    1.65% to 1.65%       151       31.71 to 31.71       5       1.91%       16.57% to   16.57%  

2022

    1.65% to 1.65%       168       27.21 to 27.21       5       1.13%       (13.62)% to (13.62)%  

2021

    1.65% to 1.65%       199       31.50 to 31.50       6       0.27%       16.26% to   16.26%  

T. Rowe Price Equity Income Fund

           

T. Rowe Price Equity Income Fund — Advisor Class

           

2025

    1.65% to 1.65%       662       29.03 to 29.03       19       1.41%       12.31% to   12.31%  

2024

    1.65% to 1.65%       761       25.85 to 25.85       20       1.64%       9.67% to    9.67%  

2023

    1.35% to 1.70%       3,676       24.71 to 23.38       88       1.91%       7.87% to    7.49%  

2022

    1.35% to 1.70%       3,133       22.91 to 21.75       70       1.92%       (4.87)% to  (5.21)%  

2021

    1.35% to 1.70%       1,270       24.08 to 22.95       30       1.22%       23.57% to   23.13%  

T. Rowe Price Growth Stock Fund, Inc.

           

T. Rowe Price Growth Stock Fund — Advisor Class

           

2025

    1.35% to 1.70%       —        56.67 to 53.24       —        0.00%       13.77% to   13.37%  

2024

    1.35% to 1.70%       —        49.81 to 46.96       —        0.00%       27.51% to   27.06%  

2023

    1.35% to 1.70%       —        39.06 to 36.96       —        0.00%       42.93% to   42.43%  

2022

    1.35% to 1.70%       —        27.33 to 25.95       —        0.00%       (41.10)% to (41.31)%  

2021

    1.35% to 1.70%       1,329       46.40 to 44.21       60       0.00%       18.09% to   17.67%  

The AB Portfolios

           

AB All Market Total Return Portfolio — Class A

           

2025

    1.35% to 1.70%       15,188       17.23 to 16.19       256       4.07%       13.68% to   13.27%  

2024

    1.35% to 1.70%       7,666       15.16 to 14.29       115       2.95%       6.90% to    6.52%  

2023

    1.35% to 1.70%       8,259       14.18 to 13.42       116       1.46%       9.54% to    9.15%  

2022

    1.35% to 1.40%       4,876       12.95 to 12.85       63       2.62%       (20.84)% to (20.88)%  

2021

    1.35% to 1.40%       4,675       16.35 to 16.24       76       0.00%       11.43% to   11.37%  

AB Wealth Appreciation Strategy — Class A

           

2025

    1.35% to 1.70%       —        25.45 to 23.91       —        0.00%       19.64% to   19.22%  

2024

    1.35% to 1.70%       —        21.27 to 20.06       —        0.00%       17.24% to   16.83%  

2023

    1.35% to 1.70%       2,809       18.15 to 17.17       50       1.10%       19.09% to   18.67%  

2022

    1.35% to 1.70%       —        15.24 to 14.47       —        0.00%       (19.78)% to (20.06)%  

2021

    1.35% to 1.70%       —        18.99 to 18.10       —        0.00%       18.74% to   18.32%  

The Advisors’ Inner Circle Fund III

           

First Foundation Total Return Fund — Class A

           

2025

    1.35% to 1.40%       3,480       22.00 to 21.81       77       3.76%       7.98% to    7.92%  

2024

    1.35% to 1.40%       3,700       20.38 to 20.21       75       4.84%       3.09% to    3.04%  

2023

    1.35% to 1.40%       3,723       19.77 to 19.61       74       5.35%       15.36% to   15.30%  

2022

    1.35% to 1.40%       4,061       17.13 to 17.01       70       3.38%       0.44% to    0.39%  

2021 (5)

    1.35% to 1.40%       4,763       17.06 to 16.95       81       1.54%       20.56% to   20.50%  

 

F-46


Table of Contents

GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 2

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)  

Thornburg Investment Trust

           

Thornburg International Equity Fund — Class A

           

2025

    1.35% to 1.70%       —        19.75 to 18.56       —        0.00%       32.02% to   31.55%  

2024

    1.35% to 1.70%       —        14.96 to 14.11       —        0.00%       9.73% to    9.34%  

2023

    1.35% to 1.70%       —        13.64 to 12.90       —        0.00%       14.21% to   13.81%  

2022

    1.35% to 1.70%       —        11.94 to 11.34       —        0.00%       (18.13)% to (18.42)%  

2021

    1.35% to 1.70%       —        14.58 to 13.90       —        0.00%       5.81% to    5.44%  

Thornburg Small/Mid Cap Growth Fund — Class A

           

2025

    1.35% to 1.70%       —        26.30 to 24.71       —        0.00%       2.90% to    2.54%  

2024

    1.35% to 1.70%       —        25.56 to 24.10       —        0.00%       18.04% to   17.62%  

2023

    1.35% to 1.70%       —        21.65 to 20.48       —        0.00%       17.95% to   17.53%  

2022

    1.35% to 1.70%       —        18.36 to 17.43       —        0.00%       (35.08)% to (35.31)%  

2021

    1.35% to 1.70%       1,088       28.28 to 26.94       30       0.00%       (5.62)% to  (5.95)%  

Virtus Investment Trust

           

Virtus NFJ International Value Fund — Class A

           

2025

    1.65% to 1.65%       949       10.64 to 10.64       10       5.51%       39.53% to   39.53%  

2024

    1.65% to 1.65%       1,254       7.62 to  7.62       10       2.27%       (4.22)% to  (4.22)%  

2023

    1.65% to 1.65%       1,205       7.96 to  7.96       10       1.62%       8.52% to    8.52%  

2022

    1.65% to 1.65%       1,245       7.34 to  7.34       9       1.83%       (20.63)% to (20.63)%  

2021

    1.65% to 1.65%       1,362       9.24 to  9.24       13       1.44%       8.08% to    8.08%  

Virtus NFJ Large-Cap Value Fund — Class A

           

2025

    1.35% to 1.70%       —        22.89 to 21.50       —        0.00%       5.08% to    4.71%  

2024

    1.35% to 1.70%       —        21.78 to 20.53       —        0.00%       4.59% to    4.21%  

2023

    1.35% to 1.70%       —        20.83 to 19.70       —        0.00%       15.97% to   15.56%  

2022

    1.35% to 1.70%       —        17.96 to 17.05       —        0.41%       (15.98)% to (16.28)%  

2021

    1.35% to 1.70%       13,915       21.37 to 20.37       292       0.61%       24.49% to   24.05%  
 
(1)

Expenses as a percentage of average net assets represent the annualized asset-based contract expenses of the Separate Account, consisting of mortality and expense risk charges, administrative expenses and other rider charges for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to the contract owner through the redemption of units and expenses of the underlying Portfolios are excluded.

(2)

The investment income ratio represents the ordinary dividends received by the subaccount from the Portfolio divided by average net assets.

(3)

The total return represents a range of maximum and minimum annual total returns for the year or lesser period indicated and includes deductions for expenses assessed through the daily unit value calculation. The total return does not include any expenses assessed through the redemption of units; inclusion of these expenses in the calculation would result in a reduction in the total return presented. Standardized total returns shown separately in a prospectus or marketing material for a product supported by the Separate Account include the maximum contract charges that may be assessed to any contract through both the daily unit value calculation and the redemption of units. Accordingly, these standardized total returns will generally reflect a lower return than the total return.

(4)

The ratios of expenses and net investment income to average net assets are annualized for the period from December 10 to December 31, 2021.

(5)

The ratios of expenses and net investment income to average net assets are annualized for the period from January 11 to December 31, 2021.

(6)

The ratios of expenses and net investment income to average net assets are annualized for the period from October 25 to December 31, 2024.

 

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