N-VPFS/A 1 d639764dnvpfsa.htm EQUITABLE AMERICA VARIABLE ACCOUNT NO.70A Equitable America Variable Account No.70A

EQUITABLE AMERICA VARIABLE ACCOUNT 70A

INDEX TO FINANCIAL STATEMENTS

 

Report of Independent Registered Public Accounting Firm

   FSA-2
Financial Statements:   

Statements of Assets and Liabilities, December 31, 2023

   FSA-5

Statements of Operations for the Year or Period Ended December 31, 2023

   FSA-43

Statements of Changes in Net Assets for the Years or Periods Ended December 31, 2023 and 2022

   FSA-67

Notes to Financial Statements

   FSA-121

 

FSA-1


Report of Independent Registered Public Accounting Firm

To the Board of Directors of Equitable Financial Life Insurance Company of America and the Contractowners of Equitable America Variable Account 70A

Opinions on the Financial Statements

We have audited the accompanying statements of assets and liabilities of each of the variable investment options of Equitable America Variable Account 70A indicated in the table below as of December 31, 2023, and the related statements of operations and of changes in net assets for each of the periods indicated in the table below, including the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the variable investment options of Equitable America Variable Account 70A as of December 31, 2023, and the results of each of their operations and the changes in each of their net assets for the periods indicated in the table below, in conformity with accounting principles generally accepted in the United States of America.

 

1290 VT CONVERTIBLE SECURITIES(6)   EQ/INVESCO MODERATE GROWTH ALLOCATION(1)
1290 VT DOUBLELINE OPPORTUNISTIC BOND(1)   EQ/JANUS ENTERPRISE(1)
1290 VT EQUITY INCOME(1)   EQ/JPMORGAN GROWTH ALLOCATION(1)
1290 VT GAMCO MERGERS & ACQUISITIONS(1)   EQ/JPMORGAN GROWTH STOCK(1)
1290 VT GAMCO SMALL COMPANY VALUE(1)   EQ/JPMORGAN VALUE OPPORTUNITIES(1)
1290 VT HIGH YIELD BOND(1)   EQ/LARGE CAP GROWTH INDEX(1)
1290 VT MICROCAP(1)   EQ/LARGE CAP VALUE INDEX(1)
1290 VT MODERATE GROWTH ALLOCATION(1)   EQ/LARGE CAP VALUE MANAGED VOLATILITY(1)
1290 VT MULTI-ALTERNATIVE STRATEGIES(2)   EQ/LAZARD EMERGING MARKETS EQUITY(1)
1290 VT NATURAL RESOURCES(1)   EQ/LOOMIS SAYLES GROWTH(1)
1290 VT REAL ESTATE(1)   EQ/MFS INTERNATIONAL GROWTH(1)
1290 VT SMALL CAP VALUE(1)   EQ/MFS INTERNATIONAL INTRINSIC VALUE(1)
1290 VT SMARTBETA EQUITY ESG(1)   EQ/MFS MID CAP FOCUSED GROWTH(1)
1290 VT SOCIALLY RESPONSIBLE(2)   EQ/MFS TECHNOLOGY(1)
AB VPS DISCOVERY VALUE PORTFOLIO(6)   EQ/MFS UTILITIES SERIES(1)
AB VPS RELATIVE VALUE PORTFOLIO(2)   EQ/MID CAP INDEX(1)
AB VPS SUSTAINABLE GLOBAL THEMATIC PORTFOLIO(2)   EQ/MID CAP VALUE MANAGED VOLATILITY(1)
AMERICAN CENTURY VP INFLATION PROTECTION FUND(2)   EQ/MODERATE ALLOCATION(1)
AMERICAN FUNDS INSURANCE SERIES® ASSET ALLOCATION FUND(2)   EQ/MODERATE GROWTH STRATEGY(1)
AMERICAN FUNDS INSURANCE SERIES® GLOBAL GROWTH FUND(2)   EQ/MODERATE-PLUS ALLOCATION(2)

AMERICAN FUNDS INSURANCE SERIES® GLOBAL SMALL CAPITALIZATION FUND(1)

  EQ/MONEY MARKET(1)
AMERICAN FUNDS INSURANCE SERIES® GROWTH-INCOME FUND(2)   EQ/PIMCO GLOBAL REAL RETURN(1)

AMERICAN FUNDS INSURANCE SERIES® INTERNATIONAL GROWTH AND INCOME FUND(2)

  EQ/PIMCO REAL RETURN(1)
AMERICAN FUNDS INSURANCE SERIES® NEW WORLD FUND®(1)   EQ/PIMCO TOTAL RETURN ESG(1)
AMERICAN FUNDS INSURANCE SERIES® THE BOND FUND OF AMERICA®(1)   EQ/PIMCO ULTRA SHORT BOND(1)
BLACKROCK GLOBAL ALLOCATION V.I. FUND(1)   EQ/SMALL COMPANY INDEX(1)
BLACKROCK LARGE CAP FOCUS GROWTH V.I. FUND(1)   EQ/T ROWE PRICE HEALTH SCIENCES(1)
CLEARBRIDGE VARIABLE APPRECIATION PORTFOLIO(1)   EQ/VALUE EQUITY(1)
CLEARBRIDGE VARIABLE MID CAP PORTFOLIO(1)   EQ/WELLINGTON ENERGY(1)
DELAWARE IVY VIP HIGH INCOME(1)   EQUITABLE CONSERVATIVE GROWTH MF/ETF(1)
DELAWARE VIP EMERGING MARKETS SERIES(2)   EQUITABLE GROWTH MF/ETF(2)
EATON VANCE VT FLOATING-RATE INCOME FUND(1)   EQUITABLE MODERATE GROWTH MF/ETF(2)
EQ/500 MANAGED VOLATILITY(6)   FEDERATED HERMES HIGH INCOME BOND FUND II(2)
EQ/AB DYNAMIC AGGRESSIVE GROWTH(1)   FEDERATED HERMES KAUFMANN FUND II(2)
EQ/AB DYNAMIC GROWTH(1)   FIDELITY® VIP MID CAP PORTFOLIO(1)
EQ/AB DYNAMIC MODERATE GROWTH(1)   FIDELITY® VIP STRATEGIC INCOME PORTFOLIO(1)
EQ/AB SHORT DURATION GOVERNMENT BOND(2)   FIRST TRUST MULTI INCOME ALLOCATION PORTFOLIO(1)
EQ/AB SMALL CAP GROWTH(1)  

FIRST TRUST/DOW JONES DIVIDEND & INCOME ALLOCATION PORTFOLIO(1)

 

FSA-2


EQ/AB SUSTAINABLE U.S. THEMATIC(6)   FRANKLIN ALLOCATION VIP FUND(1)
EQ/AGGRESSIVE ALLOCATION(2)   FRANKLIN INCOME VIP FUND(1)
EQ/AGGRESSIVE GROWTH STRATEGY(1)   HARTFORD DISCIPLINED EQUITY HLS FUND(5)
EQ/ALL ASSET GROWTH ALLOCATION(1)   INVESCO V.I. BALANCED-RISK ALLOCATION FUND(6)
EQ/AMERICAN CENTURY MID CAP VALUE(1)   INVESCO V.I. DIVERSIFIED DIVIDEND FUND(1)
EQ/AMERICAN CENTURY MODERATE GROWTH ALLOCATION(1)   INVESCO V.I. EQUITY AND INCOME FUND(1)
EQ/BALANCED STRATEGY(1)   INVESCO V.I. HEALTH CARE FUND(2)
EQ/CLEARBRIDGE LARGE CAP GROWTH ESG(1)   INVESCO V.I. HIGH YIELD FUND(1)
EQ/CLEARBRIDGE SELECT EQUITY MANAGED VOLATILITY(1)   INVESCO V.I. MAIN STREET MID CAP FUND(1)
EQ/COMMON STOCK INDEX(1)   INVESCO V.I. SMALL CAP EQUITY FUND(1)
EQ/CONSERVATIVE ALLOCATION(2)   JANUS HENDERSON BALANCED PORTFOLIO(2)
EQ/CONSERVATIVE GROWTH STRATEGY(1)   JANUS HENDERSON FLEXIBLE BOND PORTFOLIO(2)
EQ/CONSERVATIVE STRATEGY(1)   LORD ABBETT SERIES FUND — BOND DEBENTURE PORTFOLIO(1)
EQ/CORE BOND INDEX(1)   MFS® INVESTORS TRUST SERIES(1)
EQ/CORE PLUS BOND(3)   MFS® MASSACHUSETTS INVESTORS GROWTH STOCK PORTFOLIO(1)
EQ/EMERGING MARKETS EQUITY PLUS(1)   MFS® VALUE SERIES(2)
EQ/EQUITY 500 INDEX(1)   MULTIMANAGER AGGRESSIVE EQUITY(1)
EQ/FIDELITY INSTITUTIONAL AM® LARGE CAP(1)   MULTIMANAGER TECHNOLOGY(1)
EQ/FRANKLIN MODERATE ALLOCATION(1)  

NEUBERGER BERMAN U.S. EQUITY INDEX PUTWRITE STRATEGY PORTFOLIO(1)

EQ/FRANKLIN RISING DIVIDENDS(1)   PIMCO COMMODITYREALRETURN® STRATEGY PORTFOLIO(1)
EQ/GOLDMAN SACHS GROWTH ALLOCATION(1)   PIMCO EMERGING MARKETS BOND PORTFOLIO(6)
EQ/GOLDMAN SACHS MID CAP VALUE(1)   PIMCO GLOBAL BOND OPPORTUNITIES PORTFOLIO (UNHEDGED)(2)
EQ/GOLDMAN SACHS MODERATE GROWTH ALLOCATION(1)   PIMCO GLOBAL MANAGED ASSET ALLOCATION PORTFOLIO(6)
EQ/GROWTH STRATEGY(1)   PIMCO INCOME PORTFOLIO(1)
EQ/INTERMEDIATE CORPORATE BOND(4)   PRINCIPAL BLUE CHIP ACCOUNT(6)
EQ/INTERMEDIATE GOVERNMENT BOND(1)   PRINCIPAL EQUITY INCOME ACCOUNT(6)
EQ/INTERNATIONAL CORE MANAGED VOLATILITY(1)   PROFUND VP BIOTECHNOLOGY(1)
EQ/INTERNATIONAL EQUITY INDEX(1)   PUTNAM VT GLOBAL ASSET ALLOCATION FUND(6)
EQ/INVESCO COMSTOCK(1)   PUTNAM VT RESEARCH FUND(2)
EQ/INVESCO GLOBAL(1)   T. ROWE PRICE EQUITY INCOME PORTFOLIO(2)
EQ/INVESCO GLOBAL REAL ASSETS(1)   TEMPLETON DEVELOPING MARKETS VIP FUND(1)
EQ/INVESCO MODERATE ALLOCATION(1)   TEMPLETON GLOBAL BOND VIP FUND(1)

(1)   Statement of operations for the year ended December 31, 2023 and statement of changes in net assets for the years ended December 31, 2023 and 2022

(2)   Statement of operations for the year ended December 31, 2023 and statement of changes in net assets for the year ended December 31, 2023 and the period November 14, 2022 (commencement of operations) through December 31, 2022

(3)   Statement of operations for the year ended December 31, 2023 and statement of changes in net assets for the year ended December 31, 2023 and the period November 11, 2022 (commencement of operations) through December 31, 2022

(4)   Statement of operations and statement of changes in net assets for the period November 13, 2023 (commencement of operations) through December 31, 2023

(5)   Statement of operations and statement of changes in net assets for the period May 22, 2023 (commencement of operations) through December 31, 2023

(6)   Statement of operations and statement of changes in net assets for the year ended December 31, 2023

Basis for Opinions

These financial statements are the responsibility of Equitable Financial Life Insurance Company of America management. Our responsibility is to express an opinion on the financial statements of each of the variable investment options of Equitable America Variable Account 70A 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 each of the variable investment options of Equitable America Variable Account 70A 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 of these financial statements 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.

 

FSA-3


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. 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. Our procedures included confirmation of investments owned as of December 31, 2023, by correspondence with the transfer agents of the investee mutual funds or the investee mutual funds directly. We believe that our audits provide a reasonable basis for our opinions.

/s/ PricewaterhouseCoopers LLP

Charlotte, North Carolina

April 12, 2024

We have served as the auditor of one or more of the variable investment options of Equitable America Variable Account 70A since 2021.

 

FSA-4


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES

DECEMBER 31, 2023

 

       1290 VT
CONVERTIBLE
SECURITIES*
       1290 VT
DOUBLELINE
OPPORTUNISTIC
BOND*
       1290 VT EQUITY
INCOME*
       1290 VT GAMCO
MERGERS &
ACQUISITIONS*
       1290 VT GAMCO
SMALL COMPANY
VALUE*
     1290 VT HIGH
YIELD BOND*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 311,881        $ 1,002,302        $ 1,288,772        $ 728,295        $ 7,681,305      $ 1,951,318  

Receivable for shares of the Portfolios sold

       9                            22                  

Receivable for policy-related transactions

       1          2,867          29,877          1          159,182        59,814  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       311,891          1,005,169          1,318,649          728,318          7,840,487        2,011,132  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

                2,860          29,864                   159,182        59,748  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

                2,860          29,864                   159,182        59,748  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 311,891        $ 1,002,309        $ 1,288,785        $ 728,318        $ 7,681,305      $ 1,951,384  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 311,891        $ 1,002,309        $ 1,288,785        $ 728,318        $ 7,681,282      $ 1,951,384  

Retained by Equitable Financial in Equitable America Variable Account 70A

                                           23         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 311,891        $ 1,002,309        $ 1,288,785        $ 728,318        $ 7,681,305      $ 1,951,384  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 296,962        $ 1,015,355        $ 1,300,181        $ 724,084        $ 7,513,547      $ 1,968,095  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-5


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       1290 VT MICRO
CAP*
       1290 VT MODERATE
GROWTH
ALLOCATION*
       1290 VT MULTI-
ALTERNATIVE
STRATEGIES*
       1290 VT NATURAL
RESOURCES*
       1290 VT REAL
ESTATE*
     1290 VT SMALL
CAP VALUE*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 549,433        $ 56,603,282        $ 109,823        $ 1,300,707        $ 921,597      $ 1,987,824  

Receivable for shares of the Portfolios sold

       19                   3                   29         

Receivable for policy-related transactions

       10          71,964                   7,206          3        7,871  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       549,462          56,675,246          109,826          1,307,913          921,629        1,995,695  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

                71,711                   7,206                 7,795  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

                71,711                   7,206                 7,795  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 549,462        $ 56,603,535        $ 109,826        $ 1,300,707        $ 921,629      $ 1,987,900  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 549,462        $ 56,603,535        $ 109,826        $ 1,300,580        $ 921,629      $ 1,987,900  

Retained by Equitable Financial in Equitable America Variable Account 70A

                                  127                  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 549,462        $ 56,603,535        $ 109,826        $ 1,300,707        $ 921,629      $ 1,987,900  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 620,054        $ 53,568,252        $ 110,292        $ 1,297,936        $ 931,108      $ 2,048,954  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-6


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       1290 VT
SMARTBETA
EQUITY ESG*
       1290 VT SOCIALLY
RESPONSIBLE*
       AB VPS
DISCOVERY VALUE
PORTFOLIO**
       AB VPS RELATIVE
VALUE
PORTFOLIO**
       AB VPS
SUSTAINABLE
GLOBAL
THEMATIC
PORTFOLIO**
     AMERICAN
CENTURY VP
INFLATION
PROTECTION
FUND
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 1,225,394        $ 632,530        $ 292,271        $ 331,231        $ 360,077      $ 591,404  

Receivable for shares of the Portfolios sold

                19          9          9          10        17  

Receivable for policy-related transactions

       423                                             
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       1,225,817          632,549          292,280          331,240          360,087        591,421  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

       380                                             

Payable for policy-related transactions

                1          1                           
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       380          1          1                           
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 1,225,437        $ 632,548        $ 292,279        $ 331,240        $ 360,087      $ 591,421  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 1,225,437        $ 632,548        $ 292,279        $ 331,240        $ 360,087      $ 591,421  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 1,225,437        $ 632,548        $ 292,279        $ 331,240        $ 360,087      $ 591,421  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 1,129,911        $ 583,393        $ 279,121        $ 336,180        $ 335,010      $ 590,900  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
**   Denotes Variable Investment Options that invest in shares of a Portfolio of AB Variable Product Series Fund, Inc, an affiliate of Equitable America.

 

FSA-7


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       AMERICAN
FUNDS
INSURANCE
SERIES® ASSET
ALLOCATION
FUND
       AMERICAN  FUNDS
INSURANCE
SERIES® GLOBAL
GROWTH FUND
       AMERICAN
FUNDS
INSURANCE
SERIES®

GLOBAL SMALL
CAPITALIZATION
FUND
       AMERICAN FUNDS
INSURANCE  SERIES®
GROWTH-INCOME
FUND
       AMERICAN  FUNDS
INSURANCE
SERIES®
INTERNATIONAL
GROWTH AND
INCOME FUND
     AMERICAN  FUNDS
INSURANCE
SERIES® NEW
WORLD FUND®
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 4,520,482        $ 1,418,895        $ 498,562        $ 2,025,811        $ 865,830      $ 2,261,314  

Receivable for shares of the Portfolios sold

       117                   302                           

Receivable for policy-related transactions

                3,423                   21,145          2,164        35,077  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       4,520,599          1,422,318          498,864          2,046,956          867,994        2,296,391  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

                3,381                   21,088          2,140        35,038  

Payable for policy-related transactions

       1                   286                           
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       1          3,381          286          21,088          2,140        35,038  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 4,520,598        $ 1,418,937        $ 498,578        $ 2,025,868        $ 865,854      $ 2,261,353  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 4,520,598        $ 1,418,937        $ 498,578        $ 2,025,868        $ 865,854      $ 2,261,353  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 4,520,598        $ 1,418,937        $ 498,578        $ 2,025,868        $ 865,854      $ 2,261,353  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 4,287,083        $ 1,343,590        $ 512,353        $ 1,857,836        $ 825,123      $ 2,134,557  

 

The accompanying notes are an integral part of these financial statements.

 

FSA-8


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       AMERICAN  FUNDS
INSURANCE
SERIES® THE
BOND FUND OF
AMERICA®
       BLACKROCK
GLOBAL
ALLOCATION V.I.
FUND
       BLACKROCK
LARGE CAP
FOCUS GROWTH
V.I. FUND
       CLEARBRIDGE
VARIABLE
APPRECIATION
PORTFOLIO
       CLEARBRIDGE
VARIABLE MID
CAP PORTFOLIO
     DELAWARE IVY VIP
HIGH INCOME
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 1,247,020        $ 2,601,048        $ 2,109,079        $ 1,732,818        $ 569,758      $ 2,463,766  

Receivable for shares of the Portfolios sold

                                                  95  

Receivable for policy-related transactions

       24,001          28,950          6,147          7,601          23,980         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       1,271,021          2,629,998          2,115,226          1,740,419          593,738        2,463,861  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

       23,956          28,875          6,068          7,582          23,980         

Payable for policy-related transactions

                                                  20  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       23,956          28,875          6,068          7,582          23,980        20  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 1,247,065        $ 2,601,123        $ 2,109,158        $ 1,732,837        $ 569,758      $ 2,463,841  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 1,247,065        $ 2,601,123        $ 2,109,158        $ 1,732,837        $ 569,758      $ 2,463,841  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 1,247,065        $ 2,601,123        $ 2,109,158        $ 1,732,837        $ 569,758      $ 2,463,841  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 1,278,772        $ 2,457,714        $ 2,102,575        $ 1,677,392        $ 541,367      $ 2,464,332  

 

The accompanying notes are an integral part of these financial statements.

 

FSA-9


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       DELAWARE VIP
EMERGING
MARKETS SERIES
       EATON VANCE VT
FLOATING-RATE
INCOME FUND
       EQ/500 MANAGED
VOLATILITY*
       EQ/AB DYNAMIC
AGGRESSIVE
GROWTH*
       EQ/AB DYNAMIC
GROWTH*
     EQ/AB DYNAMIC
MODERATE
GROWTH*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 264,485        $ 4,439,117        $ 953,054        $ 135,364,014        $ 85,584,637      $ 68,757,993  

Receivable for shares of the Portfolios sold

       7                                             

Receivable for policy-related transactions

       1          478          320,094          153,599          320,943        77,947  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       264,493          4,439,595          1,273,148          135,517,613          85,905,580        68,835,940  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

                165          320,073          153,613          320,872        77,626  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

                165          320,073          153,613          320,872        77,626  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 264,493        $ 4,439,430        $ 953,075        $ 135,364,000        $ 85,584,708      $ 68,758,314  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 264,493        $ 4,439,430        $ 953,075        $ 135,363,238        $ 85,584,708      $ 68,758,314  

Retained by Equitable Financial in Equitable America Variable Account 70A

                                  762                  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 264,493        $ 4,439,430        $ 953,075        $ 135,364,000        $ 85,584,708      $ 68,758,314  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 245,274        $ 4,401,643        $ 937,777        $ 126,488,830        $ 82,138,870      $ 66,811,293  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-10


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       EQ/AB SHORT
DURATION
GOVERNMENT
BOND*
       EQ/AB SMALL CAP
GROWTH*
       EQ/AB
SUSTAINABLE U.S.
THEMATIC*
       EQ/AGGRESSIVE
ALLOCATION*
       EQ/AGGRESSIVE
GROWTH
STRATEGY*
     EQ/ALL ASSET
GROWTH
ALLOCATION*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 1,544,234        $ 3,677,939        $ 90,634        $ 1,093,599        $ 381,498,948      $ 985,014  

Receivable for shares of the Portfolios sold

                         3          31                  

Receivable for policy-related transactions

       288          17,439                   13          1,541,657        72  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       1,544,522          3,695,378          90,637          1,093,643          383,040,605        985,086  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

       242          17,439                            1,540,334        34  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       242          17,439                            1,540,334        34  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 1,544,280        $ 3,677,939        $ 90,637        $ 1,093,643        $ 381,500,271      $ 985,052  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 1,544,280        $ 3,677,858        $ 90,637        $ 1,093,643        $ 381,500,271      $ 985,052  

Retained by Equitable Financial in Equitable America Variable Account 70A

                81                                    
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 1,544,280        $ 3,677,939        $ 90,637        $ 1,093,643        $ 381,500,271      $ 985,052  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 1,539,068        $ 3,598,743        $ 83,685        $ 1,036,009        $ 373,091,435      $ 970,069  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-11


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       EQ/AMERICAN
CENTURY MID CAP
VALUE*
       EQ/AMERICAN
CENTURY
MODERATE
GROWTH
ALLOCATION*
       EQ/BALANCED
STRATEGY*
       EQ/CLEARBRIDGE
LARGE CAP
GROWTH ESG*
       EQ/CLEARBRIDGE
SELECT EQUITY
MANAGED
VOLATILITY*
     EQ/COMMON
STOCK
INDEX*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 3,549,689        $ 34,985,999        $ 177,681,087        $ 1,721,799        $ 1,296,744      $ 7,137,317  

Receivable for shares of the Portfolios sold

                                  56                  

Receivable for policy-related transactions

       188,169          364,411          37,774          2          5,008         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       3,737,858          35,350,410          177,718,861          1,721,857          1,301,752        7,137,317  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

       188,150          364,259          40,917                   4,955        26  

Payable for policy-related transactions

                                                  389  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       188,150          364,259          40,917                   4,955        415  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 3,549,708        $ 34,986,151        $ 177,677,944        $ 1,721,857        $ 1,296,797      $ 7,136,902  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 3,549,708        $ 34,986,151        $ 177,677,944        $ 1,721,857        $ 1,296,797      $ 7,136,595  

Retained by Equitable Financial in Equitable America Variable Account 70A

                                                  307  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 3,549,708        $ 34,986,151        $ 177,677,944        $ 1,721,857        $ 1,296,797      $ 7,136,902  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 3,609,654        $ 33,427,664        $ 173,771,350        $ 1,582,276        $ 1,162,874      $ 6,922,740  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-12


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       EQ/CONSERVATIVE
ALLOCATION*
       EQ/CONSERVATIVE
GROWTH
STRATEGY*
       EQ/CONSERVATIVE
STRATEGY*
       EQ/CORE BOND
INDEX*
       EQ/CORE PLUS
BOND*
       EQ/EMERGING
MARKETS EQUITY
PLUS*
 

Assets:

                             

Investments in shares of the Portfolios, at fair value

     $ 1,633,701        $ 75,797,839        $ 40,445,970        $ 6,292,045        $ 2,599,315        $ 1,066,925  

Receivable for shares of the Portfolios sold

       51                                              36  

Receivable for policy-related transactions

       5          88,953          42,919          17,028          21,472          30  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Total assets

       1,633,757          75,886,792          40,488,889          6,309,073          2,620,787          1,066,991  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Liabilities:

                             

Payable for shares of the Portfolios purchased

                88,705          49,611          16,938          21,386           
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Total liabilities

                88,705          49,611          16,938          21,386           
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Net Assets

     $ 1,633,757        $ 75,798,087        $ 40,439,278        $ 6,292,135        $ 2,599,401        $ 1,066,991  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Net Assets:

                             

Accumulation unit values

     $ 1,633,757        $ 75,798,087        $ 40,439,278        $ 6,292,135        $ 2,599,401        $ 1,066,991  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Assets

     $ 1,633,757        $ 75,798,087        $ 40,439,278        $ 6,292,135        $ 2,599,401        $ 1,066,991  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Investments in shares of the Portfolios, at cost

     $ 1,611,542        $ 75,568,297        $ 39,208,890        $ 6,249,291        $ 2,557,981        $ 1,088,470  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-13


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       EQ/EQUITY 500
INDEX*
       EQ/FIDELITY
INSTITUTIONAL
AM® LARGE CAP*
       EQ/FRANKLIN
MODERATE
ALLOCATION*
       EQ/FRANKLIN
RISING
DIVIDENDS*
       EQ/GOLDMAN
SACHS GROWTH
ALLOCATION*
     EQ/GOLDMAN
SACHS MID CAP
VALUE*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 30,433,879        $ 4,289,173        $ 38,555,101        $ 6,508,998        $ 122,574,087      $ 1,220,781  

Receivable for policy-related transactions

       66,986          460,174          13,213          5,638          662,066        4,351  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       30,500,865          4,749,347          38,568,314          6,514,636          123,236,153        1,225,132  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

       66,934          460,054          13,053          5,440          661,981        4,351  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       66,934          460,054          13,053          5,440          661,981        4,351  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 30,433,931        $ 4,289,293        $ 38,555,261        $ 6,509,196        $ 122,574,172      $ 1,220,781  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 30,433,931        $ 4,289,293        $ 38,555,261        $ 6,509,196        $ 122,574,172      $ 1,220,781  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 30,433,931        $ 4,289,293        $ 38,555,261        $ 6,509,196        $ 122,574,172      $ 1,220,781  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 28,031,342        $ 4,014,999        $ 36,836,100        $ 6,204,606        $ 116,074,588      $ 1,230,269  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-14


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       EQ/GOLDMAN
SACHS  MODERATE
GROWTH
ALLOCATION*
       EQ/GROWTH
STRATEGY*
       EQ/INTERMEDIATE
CORPORATE
BOND*
       EQ/INTERMEDIATE
GOVERNMENT
BOND*
       EQ/INTERNATIONAL
CORE MANAGED
VOLATILITY*
     EQ/INTERNATIONAL
EQUITY INDEX*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 93,665,498        $ 246,791,978        $ 51,772        $ 2,712,218        $ 274,034      $ 3,557,805  

Receivable for shares of the Portfolios sold

                         1                   10         

Receivable for policy-related transactions

       181,492          613,395                   177,828                 9,506  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       93,846,990          247,405,373          51,773          2,890,046          274,044        3,567,311  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

       181,086          612,907                   177,751                 9,391  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       181,086          612,907                   177,751                 9,391  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 93,665,904        $ 246,792,466        $ 51,773        $ 2,712,295        $ 274,044      $ 3,557,920  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 93,665,904        $ 246,792,466        $ 51,773        $ 2,712,295        $ 274,044      $ 3,557,920  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 93,665,904        $ 246,792,466        $ 51,773        $ 2,712,295        $ 274,044      $ 3,557,920  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 90,536,664        $ 247,052,238        $ 49,952        $ 2,716,247        $ 255,979      $ 3,388,184  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-15


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       EQ/INVESCO
COMSTOCK*
       EQ/INVESCO
GLOBAL*
       EQ/INVESCO
GLOBAL REAL
ASSETS*
       EQ/INVESCO
MODERATE
ALLOCATION*
       EQ/INVESCO
MODERATE
GROWTH
ALLOCATION*
     EQ/JANUS
ENTERPRISE*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 1,359,014        $ 2,545,561        $ 524,127        $ 42,379,304        $ 73,337,268      $ 4,139,025  

Receivable for shares of the Portfolios sold

                         17                           

Receivable for policy-related transactions

       24,096          796                   75,894          105,496        560  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       1,383,110          2,546,357          524,144          42,455,198          73,442,764        4,139,585  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

       24,096          733                   75,704          105,227        513  

Payable for policy-related transactions

                         17                           
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       24,096          733          17          75,704          105,227        513  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 1,359,014        $ 2,545,624        $ 524,127        $ 42,379,494        $ 73,337,537      $ 4,139,072  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 1,358,978        $ 2,545,624        $ 524,102        $ 42,379,494        $ 73,337,537      $ 4,139,072  

Retained by Equitable Financial in Equitable America Variable Account 70A

       36                   25                           
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 1,359,014        $ 2,545,624        $ 524,127        $ 42,379,494        $ 73,337,537      $ 4,139,072  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 1,392,439        $ 2,353,686        $ 529,792        $ 40,726,360        $ 70,097,743      $ 4,151,940  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-16


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

     EQ/JPMORGAN
GROWTH
ALLOCATION*
     EQ/JPMORGAN
GROWTH STOCK*
     EQ/JPMORGAN
VALUE
OPPORTUNITIES*
     EQ/LARGE CAP
GROWTH INDEX*
     EQ/LARGE CAP
VALUE INDEX*
     EQ/LARGE CAP
VALUE MANAGED
VOLATILITY*
 

Assets:

                 

Investments in shares of the Portfolios, at fair value

   $ 143,274,883      $ 9,754,718      $ 10,721,776      $ 8,525,972      $ 3,644,746      $ 812,973  

Receivable for shares of the Portfolios sold

                                        29  

Receivable for policy-related transactions

     312,680        10,799        45,326        309,341        15,729         
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total assets

     143,587,563        9,765,517        10,767,102        8,835,313        3,660,475        813,002  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities:

                 

Payable for shares of the Portfolios purchased

     312,491        10,619        45,229        309,288        15,648         

Payable for policy-related transactions

                                        29  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total liabilities

     312,491        10,619        45,229        309,288        15,648        29  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets

   $ 143,275,072      $ 9,754,898      $ 10,721,873      $ 8,526,025      $ 3,644,827      $ 812,973  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets:

                 

Accumulation unit values

   $ 143,275,072      $ 9,754,898      $ 10,721,873      $ 8,526,025      $ 3,644,827      $ 812,890  

Retained by Equitable Financial in Equitable America Variable Account 70A

                                        83  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Net Assets

   $ 143,275,072      $ 9,754,898      $ 10,721,873      $ 8,526,025      $ 3,644,827      $ 812,973  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

   $ 138,676,068      $ 9,894,551      $ 10,739,025      $ 7,644,533      $ 3,551,741      $ 828,722  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-17


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       EQ/LAZARD
EMERGING
MARKETS EQUITY*
       EQ/LOOMIS
SAYLES GROWTH*
       EQ/MFS
INTERNATIONAL
GROWTH*
       EQ/MFS
INTERNATIONAL
INTRINSIC VALUE*
       EQ/MFS MID CAP
FOCUSED
GROWTH*
     EQ/MFS
TECHNOLOGY*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 787,172        $ 4,178,482        $ 3,678,294        $ 3,658,269        $ 1,079,875      $ 7,892,278  

Receivable for shares of the Portfolios sold

       25                                             

Receivable for policy-related transactions

                71,482          11,930          109,575          29,904        73,632  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       787,197          4,249,964          3,690,224          3,767,844          1,109,779        7,965,910  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

                71,479          11,819          109,472          29,866        73,509  

Payable for policy-related transactions

       22                                             
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       22          71,479          11,819          109,472          29,866        73,509  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 787,175        $ 4,178,485        $ 3,678,405        $ 3,658,372        $ 1,079,913      $ 7,892,401  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 787,175        $ 4,178,485        $ 3,678,405        $ 3,658,372        $ 1,079,913      $ 7,892,401  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 787,175        $ 4,178,485        $ 3,678,405        $ 3,658,372        $ 1,079,913      $ 7,892,401  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 745,304        $ 3,900,953        $ 3,688,864        $ 3,632,673        $ 1,033,767      $ 6,878,018  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-18


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       EQ/MFS UTILITIES
SERIES*
       EQ/MID CAP
INDEX*
       EQ/MID CAP
VALUE MANAGED
VOLATILITY*
       EQ/MODERATE
ALLOCATION*
       EQ/MODERATE
GROWTH
STRATEGY*
     EQ/MODERATE-
PLUS
ALLOCATION*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 1,652,720        $ 5,533,876        $ 625,108        $ 11,008,412        $ 198,959,086      $ 4,998,862  

Receivable for shares of the Portfolios sold

       191,760                   23                          143  

Receivable for policy-related transactions

                12,843                   67,702          91,208         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       1,844,480          5,546,719          625,131          11,076,114          199,050,294        4,999,005  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

                12,843                   67,702          90,726         

Payable for policy-related transactions

       191,684                   23                          92  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       191,684          12,843          23          67,702          90,726        92  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 1,652,796        $ 5,533,876        $ 625,108        $ 11,008,412        $ 198,959,568      $ 4,998,913  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 1,652,796        $ 5,533,850        $ 625,108        $ 11,008,156        $ 198,959,568      $ 4,998,913  

Retained by Equitable Financial in Equitable America Variable Account 70A

                26                   256                  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 1,652,796        $ 5,533,876        $ 625,108        $ 11,008,412        $ 198,959,568      $ 4,998,913  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 1,755,421        $ 5,484,006        $ 680,325        $ 10,869,925        $ 200,012,676      $ 4,808,328  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-19


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       EQ/MONEY
MARKET*
       EQ/PIMCO
GLOBAL REAL
RETURN*
       EQ/PIMCO REAL
RETURN*
       EQ/PIMCO TOTAL
RETURN ESG*
       EQ/PIMCO ULTRA
SHORT BOND*
     EQ/SMALL
COMPANY INDEX*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 279,971,440        $ 508,617        $ 1,542,656        $ 3,119,200        $ 3,662,396      $ 3,497,187  

Receivable for shares of the Portfolios sold

                20          125,732          713          129,564         

Receivable for policy-related transactions

       47,619,080                                            36,703  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       327,590,520          508,637          1,668,388          3,119,913          3,791,960        3,533,890  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

       47,620,846                                            36,609  

Payable for policy-related transactions

                1          125,665          609          129,445         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       47,620,846          1          125,665          609          129,445        36,609  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 279,969,674        $ 508,636        $ 1,542,723        $ 3,119,304        $ 3,662,515      $ 3,497,281  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 279,939,571        $ 508,636        $ 1,542,723        $ 3,119,304        $ 3,662,515      $ 3,497,281  

Retained by Equitable Financial in Equitable America Variable Account 70A

       30,103                                             
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 279,969,674        $ 508,636        $ 1,542,723        $ 3,119,304        $ 3,662,515      $ 3,497,281  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 279,971,440        $ 535,423        $ 1,581,533        $ 3,216,678        $ 3,700,372      $ 3,395,309  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-20


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

     EQ/T. ROWE PRICE
HEALTH SCIENCES*
     EQ/VALUE
EQUITY*
     EQ/WELLINGTON
ENERGY*
     EQUITABLE
CONSERVATIVE
GROWTH MF/ETF*
     EQUITABLE
GROWTH
MF/ETF*
     EQUITABLE
MODERATE
GROWTH
MF/ETF*
 

Assets:

                 

Investments in shares of the Portfolios, at fair value

   $ 4,240,715      $ 1,330,993      $ 2,011,782      $ 2,574,124      $ 2,935,278      $ 3,099,352  

Receivable for shares of the Portfolios sold

            43                      85         

Receivable for policy-related transactions

     43,176               7,385        76,244               68,554  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total assets

     4,283,891        1,331,036        2,019,167        2,650,368        2,935,363        3,167,906  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities:

                 

Payable for shares of the Portfolios purchased

     43,176               7,381        76,163               68,537  

Payable for policy-related transactions

            20                      72         
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total liabilities

     43,176        20        7,381        76,163        72        68,537  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets

   $ 4,240,715      $ 1,331,016      $ 2,011,786      $ 2,574,205      $ 2,935,291      $ 3,099,369  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets:

                 

Accumulation unit values

   $ 4,240,709      $ 1,331,016      $ 2,011,786      $ 2,574,205      $ 2,935,291      $ 3,099,369  

Retained by Equitable Financial in Equitable America Variable Account 70A

     6                                     
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Net Assets

   $ 4,240,715      $ 1,331,016      $ 2,011,786      $ 2,574,205      $ 2,935,291      $ 3,099,369  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

   $ 4,260,913      $ 1,275,494      $ 1,916,321      $ 2,497,958      $ 2,771,234      $ 2,956,405  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-21


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       FEDERATED
HERMES HIGH
INCOME BOND
FUND II
       FEDERATED
HERMES
KAUFMANN
FUND II
       FIDELITY® VIP MID
CAP PORTFOLIO
       FIDELITY®  VIP
STRATEGIC
INCOME
PORTFOLIO
       FIRST TRUST
MULTI INCOME
ALLOCATION
PORTFOLIO
     FIRST TRUST/DOW
JONES DIVIDEND &
INCOME
ALLOCATION
PORTFOLIO
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 1,379,531        $ 355,776        $ 3,857,788        $ 6,606,919        $ 471,887      $ 2,874,851  

Receivable for shares of the Portfolios sold

                10                                   88  

Receivable for policy-related transactions

       1,660                   72,897          28,182          59,808         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       1,381,191          355,786          3,930,685          6,635,101          531,695        2,874,939  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

       1,575                   72,788          27,962          59,795         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       1,575                   72,788          27,962          59,795         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 1,379,616        $ 355,786        $ 3,857,897        $ 6,607,139        $ 471,900      $ 2,874,939  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 1,379,616        $ 355,786        $ 3,857,897        $ 6,607,139        $ 471,900      $ 2,874,939  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 1,379,616        $ 355,786        $ 3,857,897        $ 6,607,139        $ 471,900      $ 2,874,939  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 1,303,331        $ 327,116        $ 3,765,928        $ 6,597,062        $ 464,913      $ 2,706,278  

 

The accompanying notes are an integral part of these financial statements.

 

FSA-22


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       FRANKLIN
ALLOCATION VIP
FUND
       FRANKLIN INCOME
VIP FUND
       HARTFORD
DISCIPLINED
EQUITY HLS FUND
       INVESCO V.I.
BALANCED-RISK
ALLOCATION
FUND
       INVESCO V.I.
DIVERSIFIED
DIVIDEND FUND
     INVESCO V.I.
EQUITY AND
INCOME FUND
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 352,597        $ 4,686,466        $ 431,286        $ 635,522        $ 694,917      $ 1,723,875  

Receivable for shares of the Portfolios sold

                         15          18                  

Receivable for policy-related transactions

       61          60,352                            23,998        148  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       352,658          4,746,818          431,301          635,540          718,915        1,724,023  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

       55          60,304                            23,976        81  

Payable for policy-related transactions

                         15                           
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       55          60,304          15                   23,976        81  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 352,603        $ 4,686,514        $ 431,286        $ 635,540        $ 694,939      $ 1,723,942  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 352,603        $ 4,686,514        $ 431,286        $ 635,540        $ 694,939      $ 1,723,942  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 352,603        $ 4,686,514        $ 431,286        $ 635,540        $ 694,939      $ 1,723,942  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 345,318        $ 4,764,176        $ 404,670        $ 608,138        $ 723,405      $ 1,848,834  

 

The accompanying notes are an integral part of these financial statements.

 

FSA-23


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       INVESCO V.I.
HEALTH CARE
FUND
       INVESCO V.I. HIGH
YIELD FUND
       INVESCO V.I. MAIN
STREET MID CAP
FUND
       INVESCO V.I.
SMALL CAP
EQUITY FUND
       JANUS
HENDERSON
BALANCED
PORTFOLIO
     JANUS
HENDERSON
FLEXIBLE BOND
PORTFOLIO
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 741,380        $ 2,310,879        $ 318,861        $ 1,158,004        $ 9,952,639      $ 1,287,433  

Receivable for shares of the Portfolios sold

       17                   12                   270        36  

Receivable for policy-related transactions

                2,185                   23,588                  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       741,397          2,313,064          318,873          1,181,592          9,952,909        1,287,469  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

                2,094                   23,551                  

Payable for policy-related transactions

       17                   3                   150         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       17          2,094          3          23,551          150         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 741,380        $ 2,310,970        $ 318,870        $ 1,158,041        $ 9,952,759      $ 1,287,469  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 741,369        $ 2,310,970        $ 318,870        $ 1,158,041        $ 9,952,759      $ 1,287,469  

Retained by Equitable Financial in Equitable America Variable Account 70A

       11                                             
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 741,380        $ 2,310,970        $ 318,870        $ 1,158,041        $ 9,952,759      $ 1,287,469  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 722,457        $ 2,285,236        $ 301,895        $ 1,127,373        $ 9,327,113      $ 1,275,378  

 

The accompanying notes are an integral part of these financial statements.

 

FSA-24


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       LORD ABBETT
SERIES FUND —

BOND DEBENTURE
PORTFOLIO
       MFS® INVESTORS
TRUST SERIES
       MFS®
MASSACHUSETTS
INVESTORS
GROWTH STOCK
PORTFOLIO
       MFS®  VALUE
SERIES
       MULTIMANAGER
AGGRESSIVE
EQUITY*
     MULTIMANAGER
TECHNOLOGY*
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 3,870,390        $ 321,618        $ 891,524        $ 1,219,054        $ 666,535      $ 5,206,772  

Receivable for shares of the Portfolios sold

                                  29          24         

Receivable for policy-related transactions

       195,605          6,000          76                          4,771  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       4,065,995          327,618          891,600          1,219,083          666,559        5,211,543  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

       195,496          5,990          35                          4,771  

Payable for policy-related transactions

                                           24         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       195,496          5,990          35                   24        4,771  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 3,870,499        $ 321,628        $ 891,565        $ 1,219,083        $ 666,535      $ 5,206,772  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 3,870,499        $ 321,628        $ 891,565        $ 1,219,083        $ 666,401      $ 5,206,478  

Retained by Equitable Financial in Equitable America Variable Account 70A

                                           134        294  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 3,870,499        $ 321,628        $ 891,565        $ 1,219,083        $ 666,535      $ 5,206,772  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 3,983,510        $ 306,081        $ 859,385        $ 1,184,115        $ 651,171      $ 4,933,186  

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-25


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       NEUBERGER
BERMAN U.S.
EQUITY INDEX
PUTWRITE
STRATEGY
PORTFOLIO
       PIMCO
COMMODITYREAL
RETURN®

STRATEGY
PORTFOLIO
       PIMCO EMERGING
MARKETS BOND
PORTFOLIO
       PIMCO GLOBAL
BOND
OPPORTUNITIES
PORTFOLIO
(UNHEDGED)
       PIMCO GLOBAL
MANAGED
ASSET
ALLOCATION
PORTFOLIO
     PIMCO INCOME
PORTFOLIO
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 65,694        $ 863,978        $ 57,588        $ 543,183        $ 37,945      $ 4,342,703  

Receivable for shares of the Portfolios sold

       2                   2                   1         

Receivable for policy-related transactions

                185          10          7,248                 47,358  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       65,696          864,163          57,600          550,431          37,946        4,390,061  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

                141                   7,213                 47,125  

Payable for policy-related transactions

       2                                             
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

       2          141                   7,213                 47,125  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 65,694        $ 864,022        $ 57,600        $ 543,218        $ 37,946      $ 4,342,936  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 65,694        $ 864,022        $ 57,600        $ 543,218        $ 37,946      $ 4,342,936  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 65,694        $ 864,022        $ 57,600        $ 543,218        $ 37,946      $ 4,342,936  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 66,494        $ 1,062,070        $ 53,233        $ 528,150        $ 35,448      $ 4,236,981  

 

The accompanying notes are an integral part of these financial statements.

 

FSA-26


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       PRINCIPAL BLUE
CHIP ACCOUNT
       PRINCIPAL EQUITY
INCOME ACCOUNT
       PROFUND VP
BIOTECHNOLOGY
       PUTNAM VT
GLOBAL ASSET
ALLOCATION
FUND
       PUTNAM VT
RESEARCH
FUND
     T. ROWE PRICE
EQUITY INCOME
PORTFOLIO
 

Assets:

                           

Investments in shares of the Portfolios, at fair value

     $ 195,840        $ 139,224        $ 615,271        $ 211,606        $ 108,237      $ 1,254,661  

Receivable for shares of the Portfolios sold

       5          5          23          6          3         

Receivable for policy-related transactions

                         64                          25,812  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total assets

       195,845          139,229          615,358          211,612          108,240        1,280,473  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Liabilities:

                           

Payable for shares of the Portfolios purchased

                                                  25,812  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total liabilities

                                                  25,812  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets

     $ 195,845        $ 139,229        $ 615,358        $ 211,612        $ 108,240      $ 1,254,661  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets:

                           

Accumulation unit values

     $ 195,845        $ 139,229        $ 615,358        $ 211,612        $ 108,240      $ 1,254,654  

Retained by Equitable Financial in Equitable America Variable Account 70A

                                                  7  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Total Net Assets

     $ 195,845        $ 139,229        $ 615,358        $ 211,612        $ 108,240      $ 1,254,661  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Investments in shares of the Portfolios, at cost

     $ 173,758        $ 124,439        $ 639,784        $ 189,644        $ 92,944      $ 1,213,953  

 

The accompanying notes are an integral part of these financial statements.

 

FSA-27


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       TEMPLETON
DEVELOPING
MARKETS VIP
FUND
       TEMPLETON
GLOBAL BOND VIP
FUND
 

Assets:

         

Investments in shares of the Portfolios, at fair value

     $ 246,354        $ 574,733  

Receivable for shares of the Portfolios sold

       9           

Receivable for policy-related transactions

                27,229  
    

 

 

      

 

 

 

Total assets

       246,363          601,962  
    

 

 

      

 

 

 

Liabilities:

         

Payable for shares of the Portfolios purchased

                27,211  

Payable for policy-related transactions

       7           
    

 

 

      

 

 

 

Total liabilities

       7          27,211  
    

 

 

      

 

 

 

Net Assets

     $ 246,356        $ 574,751  
    

 

 

      

 

 

 

Net Assets:

         

Accumulation unit values

     $ 246,356        $ 574,751  
    

 

 

      

 

 

 

Total Net Assets

     $ 246,356        $ 574,751  
    

 

 

      

 

 

 

Investments in shares of the Portfolios, at cost

     $ 254,777        $ 557,101  

 

The accompanying notes are an integral part of these financial statements.

 

FSA-28


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

The following table provides the Portfolio shares held by the Variable Investment Options of the Account:

 

       Share Class**      Portfolio Shares Held

1290 VT CONVERTIBLE SECURITIES

     IB      34,308

1290 VT DOUBLELINE OPPORTUNISTIC BOND

     IB      116,569

1290 VT EQUITY INCOME

     IA      129,091

1290 VT EQUITY INCOME

     IB      137,920

1290 VT GAMCO MERGERS & ACQUISITIONS

     IA      16,895

1290 VT GAMCO MERGERS & ACQUISITIONS

     IB      43,157

1290 VT GAMCO SMALL COMPANY VALUE

     IA      52,802

1290 VT GAMCO SMALL COMPANY VALUE

     IB      57,123

1290 VT HIGH YIELD BOND

     IB      223,622

1290 VT MICRO CAP

     IB      63,446

1290 VT MODERATE GROWTH ALLOCATION

     IB      4,649,958

1290 VT MULTI-ALTERNATIVE STRATEGIES

     IB      13,019

1290 VT NATURAL RESOURCES

     IB      133,318

1290 VT REAL ESTATE

     IB      159,709

1290 VT SMALL CAP VALUE

     IB      188,278

1290 VT SMARTBETA EQUITY ESG

     IB      71,427

1290 VT SOCIALLY RESPONSIBLE

     IB      32,214

AB VPS DISCOVERY VALUE PORTFOLIO

     CLASS B      16,759

AB VPS RELATIVE VALUE PORTFOLIO

     CLASS B      11,509

AB VPS SUSTAINABLE GLOBAL THEMATIC PORTFOLIO

     CLASS B      11,597

AMERICAN CENTURY VP INFLATION PROTECTION FUND

     CLASS II      63,117

AMERICAN FUNDS INSURANCE SERIES® ASSET ALLOCATION FUND

     CLASS 4      193,680

AMERICAN FUNDS INSURANCE SERIES® GLOBAL GROWTH FUND

     CLASS 4      42,893

AMERICAN FUNDS INSURANCE SERIES® GLOBAL SMALL CAPITALIZATION FUND

     CLASS 4      28,555

AMERICAN FUNDS INSURANCE SERIES® GROWTH-INCOME FUND

     CLASS 4      35,330

AMERICAN FUNDS INSURANCE SERIES® INTERNATIONAL GROWTH AND INCOME FUND

     CLASS 4      89,538

AMERICAN FUNDS INSURANCE SERIES® NEW WORLD FUND®

     CLASS 4      90,634

AMERICAN FUNDS INSURANCE SERIES® THE BOND FUND OF AMERICA®

     CLASS 4      133,371

BLACKROCK GLOBAL ALLOCATION V.I. FUND

     CLASS III      199,620

BLACKROCK LARGE CAP FOCUS GROWTH V.I. FUND

     CLASS III      114,811

CLEARBRIDGE VARIABLE APPRECIATION PORTFOLIO

     CLASS II      30,068

CLEARBRIDGE VARIABLE MID CAP PORTFOLIO

     CLASS II      25,244

DELAWARE IVY VIP HIGH INCOME

     CLASS II      835,175

DELAWARE VIP EMERGING MARKETS SERIES

     SERVICE CLASS      12,033

EATON VANCE VT FLOATING-RATE INCOME FUND

     INITIAL CLASS      513,193

EQ/500 MANAGED VOLATILITY

     IB      32,675

EQ/AB DYNAMIC AGGRESSIVE GROWTH

     IB      11,358,093

EQ/AB DYNAMIC GROWTH

     IB      7,190,712

EQ/AB DYNAMIC MODERATE GROWTH

     IB      5,596,441

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-29


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       Share Class**      Portfolio Shares Held

EQ/AB SHORT DURATION GOVERNMENT BOND

     IB      158,694

EQ/AB SMALL CAP GROWTH

     IA      131,212

EQ/AB SMALL CAP GROWTH

     IB      103,076

EQ/AB SUSTAINABLE U.S. THEMATIC

     IB      8,809

EQ/AGGRESSIVE ALLOCATION

     IB      110,893

EQ/AGGRESSIVE GROWTH STRATEGY

     IB      23,631,212

EQ/ALL ASSET GROWTH ALLOCATION

     IA      29,773

EQ/ALL ASSET GROWTH ALLOCATION

     IB      25,917

EQ/AMERICAN CENTURY MID CAP VALUE

     IB      164,539

EQ/AMERICAN CENTURY MODERATE GROWTH ALLOCATION

     IB      3,049,249

EQ/BALANCED STRATEGY

     IB      11,449,272

EQ/CLEARBRIDGE LARGE CAP GROWTH ESG

     IB      117,179

EQ/CLEARBRIDGE SELECT EQUITY MANAGED VOLATILITY

     IA      128,331

EQ/COMMON STOCK INDEX

     IA      96,639

EQ/COMMON STOCK INDEX

     IB      69,381

EQ/CONSERVATIVE ALLOCATION

     IB      199,789

EQ/CONSERVATIVE GROWTH STRATEGY

     IB      5,573,689

EQ/CONSERVATIVE STRATEGY

     IB      3,549,954

EQ/CORE BOND INDEX

     IB      682,279

EQ/CORE PLUS BOND

     IB      745,371

EQ/EMERGING MARKETS EQUITY PLUS

     IB      121,463

EQ/EQUITY 500 INDEX

     IA      197,484

EQ/EQUITY 500 INDEX

     IB      237,689

EQ/FIDELITY INSTITUTIONAL AM® LARGE CAP

     IB      83,727

EQ/FRANKLIN MODERATE ALLOCATION

     IB      3,461,394

EQ/FRANKLIN RISING DIVIDENDS

     IB      144,787

EQ/GOLDMAN SACHS GROWTH ALLOCATION

     IB      10,766,221

EQ/GOLDMAN SACHS MID CAP VALUE

     IB      59,556

EQ/GOLDMAN SACHS MODERATE GROWTH ALLOCATION

     IB      9,052,274

EQ/GROWTH STRATEGY

     IB      13,288,770

EQ/INTERMEDIATE CORPORATE BOND

     IB      5,068

EQ/INTERMEDIATE GOVERNMENT BOND

     IB      287,252

EQ/INTERNATIONAL CORE MANAGED VOLATILITY

     IA      24,886

EQ/INTERNATIONAL EQUITY INDEX

     IA      149,929

EQ/INTERNATIONAL EQUITY INDEX

     IB      185,074

EQ/INVESCO COMSTOCK

     IA      67,265

EQ/INVESCO COMSTOCK

     IB      317

EQ/INVESCO GLOBAL

     IA      66,744

EQ/INVESCO GLOBAL

     IB      29,067

EQ/INVESCO GLOBAL REAL ASSETS

     IB      34,813

EQ/INVESCO MODERATE ALLOCATION

     IB      3,758,133

EQ/INVESCO MODERATE GROWTH ALLOCATION

     IB      6,693,884

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-30


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       Share Class**      Portfolio Shares Held

EQ/JANUS ENTERPRISE

     IA      90,304

EQ/JANUS ENTERPRISE

     IB      114,736

EQ/JPMORGAN GROWTH ALLOCATION

     IB      12,831,885

EQ/JPMORGAN GROWTH STOCK

     IA      86,741

EQ/JPMORGAN GROWTH STOCK

     IB      85,424

EQ/JPMORGAN VALUE OPPORTUNITIES

     IB      561,287

EQ/LARGE CAP GROWTH INDEX

     IA      146,630

EQ/LARGE CAP GROWTH INDEX

     IB      246,355

EQ/LARGE CAP VALUE INDEX

     IA      164,169

EQ/LARGE CAP VALUE INDEX

     IB      201,855

EQ/LARGE CAP VALUE MANAGED VOLATILITY

     IA      45,709

EQ/LAZARD EMERGING MARKETS EQUITY

     IB      40,344

EQ/LOOMIS SAYLES GROWTH

     IA      229,528

EQ/LOOMIS SAYLES GROWTH

     IB      177,387

EQ/MFS INTERNATIONAL GROWTH

     IA      237,938

EQ/MFS INTERNATIONAL GROWTH

     IB      266,914

EQ/MFS INTERNATIONAL INTRINSIC VALUE

     IB      112,971

EQ/MFS MID CAP FOCUSED GROWTH

     IB      61,048

EQ/MFS TECHNOLOGY

     IB      248,230

EQ/MFS UTILITIES SERIES

     IB      48,582

EQ/MID CAP INDEX

     IA      157,748

EQ/MID CAP INDEX

     IB      202,472

EQ/MID CAP VALUE MANAGED VOLATILITY

     IA      38,479

EQ/MODERATE ALLOCATION

     IA      178,510

EQ/MODERATE ALLOCATION

     IB      750,389

EQ/MODERATE GROWTH STRATEGY

     IB      12,240,805

EQ/MODERATE-PLUS ALLOCATION

     IB      535,911

EQ/MONEY MARKET

     IA      21,070,258

EQ/MONEY MARKET

     IB      258,828,545

EQ/PIMCO GLOBAL REAL RETURN

     IB      68,265

EQ/PIMCO REAL RETURN

     IB      142,690

EQ/PIMCO TOTAL RETURN ESG

     IB      333,128

EQ/PIMCO ULTRA SHORT BOND

     IA      101,895

EQ/PIMCO ULTRA SHORT BOND

     IB      274,163

EQ/SMALL COMPANY INDEX

     IA      164,306

EQ/SMALL COMPANY INDEX

     IB      151,672

EQ/T. ROWE PRICE HEALTH SCIENCES

     IB      71,441

EQ/VALUE EQUITY

     IA      24,745

EQ/VALUE EQUITY

     IB      35,829

EQ/WELLINGTON ENERGY

     IB      501,416

EQUITABLE CONSERVATIVE GROWTH MF/ETF

     IB      220,355

EQUITABLE GROWTH MF/ETF

     IB      299,327

EQUITABLE MODERATE GROWTH MF/ETF

     IB      324,638

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-31


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       Share Class**      Portfolio Shares Held

FEDERATED HERMES HIGH INCOME BOND FUND II

     SERVICE CLASS      245,032

FEDERATED HERMES KAUFMANN FUND II

     SERVICE CLASS      22,560

FIDELITY® VIP MID CAP PORTFOLIO

     SERVICE CLASS 2      111,207

FIDELITY® VIP STRATEGIC INCOME PORTFOLIO

     SERVICE CLASS 2      638,350

FIRST TRUST MULTI INCOME ALLOCATION PORTFOLIO

     CLASS I      41,539

FIRST TRUST/DOW JONES DIVIDEND & INCOME ALLOCATION PORTFOLIO

     CLASS I      217,134

FRANKLIN ALLOCATION VIP FUND

     CLASS 2      71,959

FRANKLIN INCOME VIP FUND

     CLASS 2      330,033

HARTFORD DISCIPLINED EQUITY HLS FUND

     IC      22,868

INVESCO V.I. BALANCED-RISK ALLOCATION FUND

     SERIES II      74,944

INVESCO V.I. DIVERSIFIED DIVIDEND FUND

     SERIES II      28,967

INVESCO V.I. EQUITY AND INCOME FUND

     SERIES II      105,371

INVESCO V.I. HEALTH CARE FUND

     SERIES II      31,177

INVESCO V.I. HIGH YIELD FUND

     SERIES II      499,110

INVESCO V.I. MAIN STREET MID CAP FUND

     SERIES II      33,958

INVESCO V.I. SMALL CAP EQUITY FUND

     SERIES II      74,758

JANUS HENDERSON BALANCED PORTFOLIO

     SERVICE SHARES      207,131

JANUS HENDERSON FLEXIBLE BOND PORTFOLIO

     SERVICE SHARES      115,361

LORD ABBETT SERIES FUND — BOND DEBENTURE PORTFOLIO

     VC SHARES      375,038

MFS® INVESTORS TRUST SERIES

     SERVICE CLASS      9,116

MFS® MASSACHUSETTS INVESTORS GROWTH STOCK PORTFOLIO

     SERVICE CLASS      40,340

MFS® VALUE SERIES

     SERVICE CLASS      58,863

MULTIMANAGER AGGRESSIVE EQUITY

     IB      10,336

MULTIMANAGER TECHNOLOGY

     IB      159,831

NEUBERGER BERMAN U.S. EQUITY INDEX PUTWRITE STRATEGY PORTFOLIO

     CLASS S      6,967

PIMCO COMMODITYREALRETURN® STRATEGY PORTFOLIO

     ADVISOR CLASS      158,238

PIMCO EMERGING MARKETS BOND PORTFOLIO

     ADVISOR CLASS      5,459

PIMCO GLOBAL BOND OPPORTUNITIES PORTFOLIO (UNHEDGED)

     ADVISOR CLASS      56,464

PIMCO GLOBAL MANAGED ASSET ALLOCATION PORTFOLIO

     ADVISOR CLASS      4,037

PIMCO INCOME PORTFOLIO

     ADVISOR CLASS      436,453

PRINCIPAL BLUE CHIP ACCOUNT

     CLASS 3      16,000

PRINCIPAL EQUITY INCOME ACCOUNT

     CLASS 3      5,111

PROFUND VP BIOTECHNOLOGY

     COMMON SHARES      9,216

PUTNAM VT GLOBAL ASSET ALLOCATION FUND

     CLASS IB      11,848

PUTNAM VT RESEARCH FUND

     CLASS IB      3,120

T. ROWE PRICE EQUITY INCOME PORTFOLIO

     CLASS II      45,475

TEMPLETON DEVELOPING MARKETS VIP FUND

     CLASS 2      29,934

TEMPLETON GLOBAL BOND VIP FUND

     CLASS 2      44,761

 

The accompanying notes are an integral part of these financial statements.

**   Share class reflects the share class of the Portfolio in which the units of the Variable Investment Option are invested, as further described in Note 5 of these financial statements.

 

FSA-32


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

The following table provides units outstanding and unit values associated with the Variable Investment Options of the Account and is further categorized by share class and contract charges:

 

       Contract
Charges*
     Share Class**      Unit Value      Units
Outstanding
(000’s)***

1290 VT CONVERTIBLE SECURITIES

     1.00%      IB        $ 15.77          13

1290 VT CONVERTIBLE SECURITIES

     1.25%      IB        $ 17.51          6

1290 VT DOUBLELINE OPPORTUNISTIC BOND

     1.00%      IB        $ 10.07          48

1290 VT DOUBLELINE OPPORTUNISTIC BOND

     1.25%      IB        $ 9.91          3

1290 VT DOUBLELINE OPPORTUNISTIC BOND

     1.30%      IB        $ 9.82          49

1290 VT EQUITY INCOME

     1.30%      IA        $ 30.52          20

1290 VT EQUITY INCOME

     1.65%      IA        $ 29.03         

1290 VT EQUITY INCOME

     1.00%      IB        $ 16.74          38

1290 VT EQUITY INCOME

     1.25%      IB        $ 18.59          2

1290 VT GAMCO MERGERS & ACQUISITIONS

     1.30%      IA        $ 15.42          13

1290 VT GAMCO MERGERS & ACQUISITIONS

     1.65%      IA        $ 14.66         

1290 VT GAMCO MERGERS & ACQUISITIONS

     1.00%      IB        $ 12.08          42

1290 VT GAMCO MERGERS & ACQUISITIONS

     1.25%      IB        $ 12.41          1

1290 VT GAMCO SMALL COMPANY VALUE

     1.30%      IA        $ 39.91          86

1290 VT GAMCO SMALL COMPANY VALUE

     1.65%      IA        $ 37.95          6

1290 VT GAMCO SMALL COMPANY VALUE

     0.00%      IB        $ 22.06          8

1290 VT GAMCO SMALL COMPANY VALUE

     1.00%      IB        $ 18.51          183

1290 VT GAMCO SMALL COMPANY VALUE

     1.25%      IB        $ 19.89          22

1290 VT HIGH YIELD BOND

     1.00%      IB        $ 12.50          72

1290 VT HIGH YIELD BOND

     1.25%      IB        $ 12.86          8

1290 VT HIGH YIELD BOND

     1.30%      IB        $ 13.38          69

1290 VT HIGH YIELD BOND

     1.65%      IB        $ 12.87          2

1290 VT MICRO CAP

     1.00%      IB        $ 14.28          9

1290 VT MICRO CAP

     1.25%      IB        $ 14.12         

1290 VT MICRO CAP

     1.30%      IB        $ 14.08          25

1290 VT MICRO CAP

     1.65%      IB        $ 13.82          4

1290 VT MODERATE GROWTH ALLOCATION

     1.30%      IB        $ 12.28          4,505

1290 VT MODERATE GROWTH ALLOCATION

     1.65%      IB        $ 12.07          105

1290 VT MULTI-ALTERNATIVE STRATEGIES

     1.00%      IB        $ 10.02          10

1290 VT MULTI-ALTERNATIVE STRATEGIES

     1.25%      IB        $ 9.92          1

1290 VT NATURAL RESOURCES

     1.00%      IB        $ 13.28          28

1290 VT NATURAL RESOURCES

     1.25%      IB        $ 11.66          3

1290 VT NATURAL RESOURCES

     1.30%      IB        $ 11.94          70

1290 VT NATURAL RESOURCES

     1.65%      IB        $ 11.49          5

1290 VT REAL ESTATE

     1.00%      IB        $ 10.73          43

1290 VT REAL ESTATE

     1.25%      IB        $ 11.90          3

1290 VT REAL ESTATE

     1.30%      IB        $ 12.12          36

1290 VT SMALL CAP VALUE

     1.00%      IB        $ 14.03          22

1290 VT SMALL CAP VALUE

     1.25%      IB        $ 13.88          34

1290 VT SMALL CAP VALUE

     1.30%      IB        $ 13.84          83

1290 VT SMALL CAP VALUE

     1.65%      IB        $ 13.58          4

1290 VT SMARTBETA EQUITY ESG

     1.00%      IB        $ 18.51          8

1290 VT SMARTBETA EQUITY ESG

     1.25%      IB        $ 20.48          20

1290 VT SMARTBETA EQUITY ESG

     1.30%      IB        $ 15.40          43

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-33


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       Contract
Charges*
     Share Class**      Unit Value      Units
Outstanding
(000’s)***

1290 VT SOCIALLY RESPONSIBLE

     1.00%      IB        $ 22.65          19

1290 VT SOCIALLY RESPONSIBLE

     1.30%      IB        $ 12.83          16

1290 VT SOCIALLY RESPONSIBLE

     1.65%      IB        $ 12.77         

AB VPS DISCOVERY VALUE PORTFOLIO

     1.00%      CLASS B        $ 16.38          13

AB VPS DISCOVERY VALUE PORTFOLIO

     1.25%      CLASS B        $ 16.66          5

AB VPS RELATIVE VALUE PORTFOLIO

     1.00%      CLASS B        $ 19.48          17

AB VPS SUSTAINABLE GLOBAL THEMATIC PORTFOLIO

     1.00%      CLASS B        $ 19.56          17

AB VPS SUSTAINABLE GLOBAL THEMATIC PORTFOLIO

     1.25%      CLASS B        $ 20.16          1

AMERICAN CENTURY VP INFLATION PROTECTION FUND

     1.00%      CLASS II        $ 10.49          48

AMERICAN CENTURY VP INFLATION PROTECTION FUND

     1.25%      CLASS II        $ 10.35          9

AMERICAN FUNDS INSURANCE SERIES® ASSET ALLOCATION FUND

     0.00%      CLASS 4        $ 19.73          20

AMERICAN FUNDS INSURANCE SERIES® ASSET ALLOCATION FUND

     1.00%      CLASS 4        $ 16.47          223

AMERICAN FUNDS INSURANCE SERIES® ASSET ALLOCATION FUND

     1.25%      CLASS 4        $ 17.79          25

AMERICAN FUNDS INSURANCE SERIES® GLOBAL GROWTH FUND

     1.00%      CLASS 4        $ 19.73          54

AMERICAN FUNDS INSURANCE SERIES® GLOBAL GROWTH FUND

     1.25%      CLASS 4        $ 22.51          15

AMERICAN FUNDS INSURANCE SERIES® GLOBAL SMALL CAPITALIZATION FUND

     1.00%      CLASS 4        $ 14.15          13

AMERICAN FUNDS INSURANCE SERIES® GLOBAL SMALL CAPITALIZATION FUND

     1.25%      CLASS 4        $ 15.54          2

AMERICAN FUNDS INSURANCE SERIES® GLOBAL SMALL CAPITALIZATION FUND

     1.30%      CLASS 4        $ 17.53          17

AMERICAN FUNDS INSURANCE SERIES® GLOBAL SMALL CAPITALIZATION FUND

     1.65%      CLASS 4        $ 16.87         

AMERICAN FUNDS INSURANCE SERIES® GROWTH-INCOME FUND

     1.00%      CLASS 4        $ 21.73          85

AMERICAN FUNDS INSURANCE SERIES® GROWTH-INCOME FUND

     1.25%      CLASS 4        $ 25.38          7

AMERICAN FUNDS INSURANCE SERIES® INTERNATIONAL GROWTH AND INCOME FUND

     0.00%      CLASS 4        $ 13.41          1

AMERICAN FUNDS INSURANCE SERIES® INTERNATIONAL GROWTH AND INCOME FUND

     1.00%      CLASS 4        $ 12.00          67

AMERICAN FUNDS INSURANCE SERIES® INTERNATIONAL GROWTH AND INCOME FUND

     1.25%      CLASS 4        $ 12.09          4

AMERICAN FUNDS INSURANCE SERIES® NEW WORLD  FUND®

     0.00%      CLASS 4        $ 15.24          14

AMERICAN FUNDS INSURANCE SERIES® NEW WORLD FUND®

     1.00%      CLASS 4        $ 14.35          59

AMERICAN FUNDS INSURANCE SERIES® NEW WORLD FUND®

     1.25%      CLASS 4        $ 13.74          28

AMERICAN FUNDS INSURANCE SERIES® NEW WORLD FUND®

     1.30%      CLASS 4        $ 14.66          52

AMERICAN FUNDS INSURANCE SERIES® NEW WORLD FUND®

     1.65%      CLASS 4        $ 14.10          5

AMERICAN FUNDS INSURANCE SERIES® THE BOND FUND OF AMERICA®

     1.30%      CLASS 4        $ 10.21          122

BLACKROCK GLOBAL ALLOCATION V.I. FUND

     0.00%      CLASS III        $ 15.69          10

BLACKROCK GLOBAL ALLOCATION V.I. FUND

     1.00%      CLASS III        $ 13.35          107

BLACKROCK GLOBAL ALLOCATION V.I. FUND

     1.25%      CLASS III        $ 14.15          10

BLACKROCK GLOBAL ALLOCATION V.I. FUND

     1.30%      CLASS III        $ 17.65          49

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-34


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       Contract
Charges*
     Share Class**      Unit Value      Units
Outstanding
(000’s)***

BLACKROCK GLOBAL ALLOCATION V.I. FUND

     1.65%      CLASS III        $ 16.79          1

BLACKROCK LARGE CAP FOCUS GROWTH V.I. FUND

     1.30%      CLASS III        $ 54.24          37

BLACKROCK LARGE CAP FOCUS GROWTH V.I. FUND

     1.65%      CLASS III        $ 51.58          2

CLEARBRIDGE VARIABLE APPRECIATION PORTFOLIO

     1.30%      CLASS II        $ 21.76          80

CLEARBRIDGE VARIABLE MID CAP PORTFOLIO

     1.30%      CLASS II        $ 15.64          36

DELAWARE IVY VIP HIGH INCOME

     1.30%      CLASS II        $ 19.54          118

DELAWARE IVY VIP HIGH INCOME

     1.65%      CLASS II        $ 18.59          8

DELAWARE VIP EMERGING MARKETS SERIES

     1.00%      SERVICE CLASS        $ 11.68          22

DELAWARE VIP EMERGING MARKETS SERIES

     1.25%      SERVICE CLASS        $ 10.94          1

EATON VANCE VT FLOATING-RATE INCOME FUND

     0.00%      INITIAL CLASS        $ 13.51          1

EATON VANCE VT FLOATING-RATE INCOME FUND

     1.00%      INITIAL CLASS        $ 12.15          110

EATON VANCE VT FLOATING-RATE INCOME FUND

     1.25%      INITIAL CLASS        $ 12.19          216

EATON VANCE VT FLOATING-RATE INCOME FUND

     1.30%      INITIAL CLASS        $ 12.07          38

EQ/500 MANAGED VOLATILITY

     1.00%      IB        $ 12.49          75

EQ/500 MANAGED VOLATILITY

     1.25%      IB        $ 12.45          1

EQ/AB DYNAMIC AGGRESSIVE GROWTH

     1.30%      IB        $ 12.29          10,917

EQ/AB DYNAMIC AGGRESSIVE GROWTH

     1.65%      IB        $ 12.03          98

EQ/AB DYNAMIC GROWTH

     1.30%      IB        $ 12.88          6,593

EQ/AB DYNAMIC GROWTH

     1.65%      IB        $ 12.49          55

EQ/AB DYNAMIC MODERATE GROWTH

     1.00%      IB        $ 12.58          12

EQ/AB DYNAMIC MODERATE GROWTH

     1.25%      IB        $ 13.46          3

EQ/AB DYNAMIC MODERATE GROWTH

     1.30%      IB        $ 15.27          4,468

EQ/AB DYNAMIC MODERATE GROWTH

     1.65%      IB        $ 14.59          22

EQ/AB SHORT DURATION GOVERNMENT BOND

     1.00%      IB        $ 9.73          89

EQ/AB SHORT DURATION GOVERNMENT BOND

     1.25%      IB        $ 9.33          72

EQ/AB SMALL CAP GROWTH

     1.30%      IA        $ 40.16          54

EQ/AB SMALL CAP GROWTH

     1.65%      IA        $ 38.19          1

EQ/AB SMALL CAP GROWTH

     1.00%      IB        $ 17.72          78

EQ/AB SMALL CAP GROWTH

     1.25%      IB        $ 19.30          5

EQ/AB SUSTAINABLE U.S. THEMATIC

     1.00%      IB        $ 10.15          9

EQ/AB SUSTAINABLE U.S. THEMATIC

     1.30%      IB        $ 12.43         

EQ/AGGRESSIVE ALLOCATION

     1.00%      IB        $ 16.53          62

EQ/AGGRESSIVE ALLOCATION

     1.25%      IB        $ 17.99          3

EQ/AGGRESSIVE GROWTH STRATEGY

     1.30%      IB        $ 21.85          17,284

EQ/AGGRESSIVE GROWTH STRATEGY

     1.65%      IB        $ 20.96          182

EQ/ALL ASSET GROWTH ALLOCATION

     1.30%      IA        $ 20.20          23

EQ/ALL ASSET GROWTH ALLOCATION

     1.65%      IA        $ 19.21          3

EQ/ALL ASSET GROWTH ALLOCATION

     1.00%      IB        $ 13.67          29

EQ/ALL ASSET GROWTH ALLOCATION

     1.25%      IB        $ 13.49          5

EQ/AMERICAN CENTURY MID CAP VALUE

     0.00%      IB        $ 22.86         

EQ/AMERICAN CENTURY MID CAP VALUE

     1.00%      IB        $ 17.56          96

EQ/AMERICAN CENTURY MID CAP VALUE

     1.25%      IB        $ 20.61          27

EQ/AMERICAN CENTURY MID CAP VALUE

     1.30%      IB        $ 35.56          32

EQ/AMERICAN CENTURY MID CAP VALUE

     1.65%      IB        $ 33.82          4

EQ/AMERICAN CENTURY MODERATE GROWTH ALLOCATION

     1.30%      IB        $ 11.73          2,958

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-35


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       Contract
Charges*
     Share Class**      Unit Value      Units
Outstanding
(000’s)***

EQ/AMERICAN CENTURY MODERATE GROWTH ALLOCATION

     1.65%      IB        $ 11.53          25

EQ/BALANCED STRATEGY

     1.30%      IB        $ 17.35          9,874

EQ/BALANCED STRATEGY

     1.65%      IB        $ 16.50          386

EQ/CLEARBRIDGE LARGE CAP GROWTH ESG

     1.00%      IB        $ 18.57          39

EQ/CLEARBRIDGE LARGE CAP GROWTH ESG

     1.25%      IB        $ 18.37          11

EQ/CLEARBRIDGE LARGE CAP GROWTH ESG

     1.30%      IB        $ 18.32          44

EQ/CLEARBRIDGE SELECT EQUITY MANAGED VOLATILITY

     1.00%      IA        $ 17.86          12

EQ/CLEARBRIDGE SELECT EQUITY MANAGED VOLATILITY

     1.30%      IA        $ 17.62          60

EQ/CLEARBRIDGE SELECT EQUITY MANAGED VOLATILITY

     1.65%      IA        $ 17.30          2

EQ/COMMON STOCK INDEX

     1.30%      IA        $ 42.95          95

EQ/COMMON STOCK INDEX

     1.65%      IA        $ 40.84          2

EQ/COMMON STOCK INDEX

     1.00%      IB        $ 21.96          85

EQ/COMMON STOCK INDEX

     1.25%      IB        $ 25.62          43

EQ/CONSERVATIVE ALLOCATION

     1.00%      IB        $ 9.92          84

EQ/CONSERVATIVE ALLOCATION

     1.25%      IB        $ 9.84          81

EQ/CONSERVATIVE GROWTH STRATEGY

     1.30%      IB        $ 15.41          4,849

EQ/CONSERVATIVE GROWTH STRATEGY

     1.65%      IB        $ 14.65          74

EQ/CONSERVATIVE STRATEGY

     1.30%      IB        $ 12.07          3,218

EQ/CONSERVATIVE STRATEGY

     1.65%      IB        $ 11.48          139

EQ/CORE BOND INDEX

     1.00%      IB        $ 9.81          405

EQ/CORE BOND INDEX

     1.25%      IB        $ 9.75          87

EQ/CORE BOND INDEX

     1.30%      IB        $ 10.38          138

EQ/CORE BOND INDEX

     1.65%      IB        $ 9.87          4

EQ/CORE PLUS BOND

     1.00%      IB        $ 10.83          139

EQ/CORE PLUS BOND

     1.25%      IB        $ 10.80          12

EQ/CORE PLUS BOND

     1.30%      IB        $ 8.59          111

EQ/CORE PLUS BOND

     1.65%      IB        $ 8.52          2

EQ/EMERGING MARKETS EQUITY PLUS

     1.00%      IB        $ 10.30          28

EQ/EMERGING MARKETS EQUITY PLUS

     1.25%      IB        $ 10.29          6

EQ/EMERGING MARKETS EQUITY PLUS

     1.30%      IB        $ 9.86          72

EQ/EQUITY 500 INDEX

     1.30%      IA        $ 44.38          303

EQ/EQUITY 500 INDEX

     1.65%      IA        $ 42.21          10

EQ/EQUITY 500 INDEX

     0.00%      IB        $ 29.98          18

EQ/EQUITY 500 INDEX

     1.00%      IB        $ 23.05          605

EQ/EQUITY 500 INDEX

     1.25%      IB        $ 27.03          78

EQ/FIDELITY INSTITUTIONAL AM® LARGE CAP

     1.00%      IB        $ 22.68          103

EQ/FIDELITY INSTITUTIONAL AM® LARGE CAP

     1.25%      IB        $ 26.63          1

EQ/FIDELITY INSTITUTIONAL AM® LARGE CAP

     1.30%      IB        $ 43.10          42

EQ/FIDELITY INSTITUTIONAL AM® LARGE CAP

     1.65%      IB        $ 40.99          3

EQ/FRANKLIN MODERATE ALLOCATION

     1.30%      IB        $ 12.38          3,041

EQ/FRANKLIN MODERATE ALLOCATION

     1.65%      IB        $ 12.04          75

EQ/FRANKLIN RISING DIVIDENDS

     1.00%      IB        $ 22.03          172

EQ/FRANKLIN RISING DIVIDENDS

     1.25%      IB        $ 24.25          1

EQ/FRANKLIN RISING DIVIDENDS

     1.30%      IB        $ 28.00          96

EQ/FRANKLIN RISING DIVIDENDS

     1.65%      IB        $ 26.94         

EQ/GOLDMAN SACHS GROWTH ALLOCATION

     1.00%      IB        $ 11.28         

EQ/GOLDMAN SACHS GROWTH ALLOCATION

     1.30%      IB        $ 12.56          9,667

EQ/GOLDMAN SACHS GROWTH ALLOCATION

     1.65%      IB        $ 12.35          93

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-36


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       Contract
Charges*
     Share Class**      Unit Value      Units
Outstanding
(000’s)***

EQ/GOLDMAN SACHS MID CAP VALUE

     1.00%      IB        $ 11.80          5

EQ/GOLDMAN SACHS MID CAP VALUE

     1.30%      IB        $ 33.69          34

EQ/GOLDMAN SACHS MID CAP VALUE

     1.65%      IB        $ 32.04          1

EQ/GOLDMAN SACHS MODERATE GROWTH ALLOCATION

     1.30%      IB        $ 12.58          7,310

EQ/GOLDMAN SACHS MODERATE GROWTH ALLOCATION

     1.65%      IB        $ 12.20          141

EQ/GROWTH STRATEGY

     1.30%      IB        $ 21.91          11,094

EQ/GROWTH STRATEGY

     1.65%      IB        $ 20.83          181

EQ/INTERMEDIATE CORPORATE BOND

     1.00%      IB        $ 10.93          5

EQ/INTERMEDIATE GOVERNMENT BOND

     1.00%      IB        $ 9.41          180

EQ/INTERMEDIATE GOVERNMENT BOND

     1.25%      IB        $ 9.23          86

EQ/INTERMEDIATE GOVERNMENT BOND

     1.30%      IB        $ 9.49          24

EQ/INTERNATIONAL CORE MANAGED VOLATILITY

     1.30%      IA        $ 14.80          19

EQ/INTERNATIONAL EQUITY INDEX

     1.30%      IA        $ 15.68          101

EQ/INTERNATIONAL EQUITY INDEX

     1.65%      IA        $ 14.91          2

EQ/INTERNATIONAL EQUITY INDEX

     1.00%      IB        $ 12.81          127

EQ/INTERNATIONAL EQUITY INDEX

     1.25%      IB        $ 12.82          25

EQ/INVESCO COMSTOCK

     1.30%      IA        $ 35.53          37

EQ/INVESCO COMSTOCK

     1.65%      IA        $ 33.79          1

EQ/INVESCO COMSTOCK

     1.00%      IB        $ 11.27          1

EQ/INVESCO GLOBAL

     1.30%      IA        $ 29.33          60

EQ/INVESCO GLOBAL

     1.65%      IA        $ 27.89         

EQ/INVESCO GLOBAL

     1.00%      IB        $ 17.66          21

EQ/INVESCO GLOBAL

     1.25%      IB        $ 19.58          20

EQ/INVESCO GLOBAL REAL ASSETS

     1.00%      IB        $ 12.03          16

EQ/INVESCO GLOBAL REAL ASSETS

     1.25%      IB        $ 13.24         

EQ/INVESCO GLOBAL REAL ASSETS

     1.30%      IB        $ 19.22          17

EQ/INVESCO MODERATE ALLOCATION

     1.30%      IB        $ 12.03          3,510

EQ/INVESCO MODERATE ALLOCATION

     1.65%      IB        $ 11.67          14

EQ/INVESCO MODERATE GROWTH ALLOCATION

     1.30%      IB        $ 12.51          5,706

EQ/INVESCO MODERATE GROWTH ALLOCATION

     1.65%      IB        $ 12.30          158

EQ/JANUS ENTERPRISE

     1.30%      IA        $ 32.78          53

EQ/JANUS ENTERPRISE

     1.65%      IA        $ 31.17          4

EQ/JANUS ENTERPRISE

     1.00%      IB        $ 18.20          86

EQ/JANUS ENTERPRISE

     1.25%      IB        $ 19.60          37

EQ/JPMORGAN GROWTH ALLOCATION

     1.00%      IB        $ 11.02          10

EQ/JPMORGAN GROWTH ALLOCATION

     1.30%      IB        $ 12.52          11,364

EQ/JPMORGAN GROWTH ALLOCATION

     1.65%      IB        $ 12.25          71

EQ/JPMORGAN GROWTH STOCK

     1.30%      IA        $ 47.24          103

EQ/JPMORGAN GROWTH STOCK

     1.65%      IA        $ 44.93          2

EQ/JPMORGAN GROWTH STOCK

     0.00%      IB        $ 29.82          12

EQ/JPMORGAN GROWTH STOCK

     1.00%      IB        $ 22.69          184

EQ/JPMORGAN GROWTH STOCK

     1.25%      IB        $ 26.89          9

EQ/JPMORGAN VALUE OPPORTUNITIES

     0.00%      IB        $ 17.03          1

EQ/JPMORGAN VALUE OPPORTUNITIES

     1.00%      IB        $ 16.28          329

EQ/JPMORGAN VALUE OPPORTUNITIES

     1.25%      IB        $ 16.10          82

EQ/JPMORGAN VALUE OPPORTUNITIES

     1.30%      IB        $ 16.06          237

EQ/JPMORGAN VALUE OPPORTUNITIES

     1.65%      IB        $ 15.76          14

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-37


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       Contract
Charges*
     Share Class**      Unit Value      Units
Outstanding
(000’s)***

EQ/LARGE CAP GROWTH INDEX

     1.30%      IA        $ 58.24          54

EQ/LARGE CAP GROWTH INDEX

     1.65%      IA        $ 55.39          2

EQ/LARGE CAP GROWTH INDEX

     1.00%      IB        $ 28.63          141

EQ/LARGE CAP GROWTH INDEX

     1.25%      IB        $ 34.25          36

EQ/LARGE CAP VALUE INDEX

     1.30%      IA        $ 31.45          49

EQ/LARGE CAP VALUE INDEX

     1.65%      IA        $ 29.91          3

EQ/LARGE CAP VALUE INDEX

     1.00%      IB        $ 16.79          90

EQ/LARGE CAP VALUE INDEX

     1.25%      IB        $ 19.21          26

EQ/LARGE CAP VALUE MANAGED VOLATILITY

     1.30%      IA        $ 29.87          27

EQ/LAZARD EMERGING MARKETS EQUITY

     1.00%      IB        $ 11.15          29

EQ/LAZARD EMERGING MARKETS EQUITY

     1.25%      IB        $ 10.41          17

EQ/LAZARD EMERGING MARKETS EQUITY

     1.30%      IB        $ 12.71          22

EQ/LAZARD EMERGING MARKETS EQUITY

     1.65%      IB        $ 12.09          1

EQ/LOOMIS SAYLES GROWTH

     1.30%      IA        $ 47.57          45

EQ/LOOMIS SAYLES GROWTH

     1.65%      IA        $ 45.24          4

EQ/LOOMIS SAYLES GROWTH

     1.00%      IB        $ 27.18          40

EQ/LOOMIS SAYLES GROWTH

     1.25%      IB        $ 32.04          23

EQ/MFS INTERNATIONAL GROWTH

     1.30%      IA        $ 21.53          76

EQ/MFS INTERNATIONAL GROWTH

     1.65%      IA        $ 20.48          4

EQ/MFS INTERNATIONAL GROWTH

     0.00%      IB        $ 17.73          18

EQ/MFS INTERNATIONAL GROWTH

     1.00%      IB        $ 15.94          76

EQ/MFS INTERNATIONAL GROWTH

     1.25%      IB        $ 15.98          25

EQ/MFS INTERNATIONAL INTRINSIC VALUE

     1.00%      IB        $ 15.59          97

EQ/MFS INTERNATIONAL INTRINSIC VALUE

     1.25%      IB        $ 17.08          4

EQ/MFS INTERNATIONAL INTRINSIC VALUE

     1.30%      IB        $ 25.26          78

EQ/MFS INTERNATIONAL INTRINSIC VALUE

     1.65%      IB        $ 24.03          4

EQ/MFS MID CAP FOCUSED GROWTH

     1.30%      IB        $ 42.96          24

EQ/MFS MID CAP FOCUSED GROWTH

     1.65%      IB        $ 40.86          1

EQ/MFS TECHNOLOGY

     0.00%      IB        $ 19.64          6

EQ/MFS TECHNOLOGY

     1.00%      IB        $ 18.77          140

EQ/MFS TECHNOLOGY

     1.25%      IB        $ 18.57          11

EQ/MFS TECHNOLOGY

     1.30%      IB        $ 66.36          70

EQ/MFS TECHNOLOGY

     1.65%      IB        $ 63.11          4

EQ/MFS UTILITIES SERIES

     1.00%      IB        $ 14.14          33

EQ/MFS UTILITIES SERIES

     1.25%      IB        $ 15.83          8

EQ/MFS UTILITIES SERIES

     1.30%      IB        $ 26.09          37

EQ/MFS UTILITIES SERIES

     1.65%      IB        $ 24.81          4

EQ/MID CAP INDEX

     1.30%      IA        $ 38.01          61

EQ/MID CAP INDEX

     1.65%      IA        $ 36.15          4

EQ/MID CAP INDEX

     0.00%      IB        $ 22.92         

EQ/MID CAP INDEX

     1.00%      IB        $ 18.11          150

EQ/MID CAP INDEX

     1.25%      IB        $ 20.66          17

EQ/MID CAP VALUE MANAGED VOLATILITY

     1.30%      IA        $ 30.86          17

EQ/MID CAP VALUE MANAGED VOLATILITY

     1.65%      IA        $ 29.35          3

EQ/MODERATE ALLOCATION

     1.30%      IA        $ 16.80          126

EQ/MODERATE ALLOCATION

     1.65%      IA        $ 15.98          1

EQ/MODERATE ALLOCATION

     1.00%      IB        $ 12.96          613

EQ/MODERATE ALLOCATION

     1.25%      IB        $ 13.44          69

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-38


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       Contract
Charges*
     Share Class**      Unit Value      Units
Outstanding
(000’s)***

EQ/MODERATE GROWTH STRATEGY

     1.30%      IB        $ 19.53          9,676

EQ/MODERATE GROWTH STRATEGY

     1.65%      IB        $ 18.58          537

EQ/MODERATE-PLUS ALLOCATION

     1.00%      IB        $ 14.72          288

EQ/MODERATE-PLUS ALLOCATION

     1.25%      IB        $ 15.63          48

EQ/MONEY MARKET

     1.30%      IA        $ 9.11          2,046

EQ/MONEY MARKET

     1.65%      IA        $ 8.66          60

EQ/MONEY MARKET

     1.65%      IA        $ 9.44          205

EQ/MONEY MARKET

     0.00%      IB        $ 10.00          338

EQ/MONEY MARKET

     0.00%      IB        $ 10.27          954

EQ/MONEY MARKET

     0.00%      IB        $ 10.53          442

EQ/MONEY MARKET

     0.00%      IB        $ 10.58          19,673

EQ/MONEY MARKET

     0.00%      IB        $ 10.68          37

EQ/MONEY MARKET

     0.00%      IB        $ 10.71          58

EQ/MONEY MARKET

     1.00%      IB        $ 9.97          2,628

EQ/MONEY MARKET

     1.25%      IB        $ 9.63          592

EQ/PIMCO GLOBAL REAL RETURN

     1.00%      IB        $ 10.62          21

EQ/PIMCO GLOBAL REAL RETURN

     1.25%      IB        $ 10.91          2

EQ/PIMCO GLOBAL REAL RETURN

     1.30%      IB        $ 10.49          25

EQ/PIMCO REAL RETURN

     1.30%      IB        $ 12.27          124

EQ/PIMCO REAL RETURN

     1.65%      IB        $ 11.67          1

EQ/PIMCO TOTAL RETURN ESG

     1.00%      IB        $ 10.18          110

EQ/PIMCO TOTAL RETURN ESG

     1.25%      IB        $ 10.30          22

EQ/PIMCO TOTAL RETURN ESG

     1.30%      IB        $ 11.78          144

EQ/PIMCO TOTAL RETURN ESG

     1.65%      IB        $ 11.21          7

EQ/PIMCO ULTRA SHORT BOND

     1.30%      IA        $ 9.67          102

EQ/PIMCO ULTRA SHORT BOND

     1.65%      IA        $ 9.20         

EQ/PIMCO ULTRA SHORT BOND

     0.00%      IB        $ 11.05          2

EQ/PIMCO ULTRA SHORT BOND

     1.00%      IB        $ 10.33          145

EQ/PIMCO ULTRA SHORT BOND

     1.25%      IB        $ 9.96          116

EQ/SMALL COMPANY INDEX

     1.30%      IA        $ 34.04          51

EQ/SMALL COMPANY INDEX

     1.65%      IA        $ 32.37          2

EQ/SMALL COMPANY INDEX

     0.00%      IB        $ 19.97          1

EQ/SMALL COMPANY INDEX

     1.00%      IB        $ 16.50          91

EQ/SMALL COMPANY INDEX

     1.25%      IB        $ 18.00          10

EQ/T. ROWE PRICE HEALTH SCIENCES

     0.00%      IB        $ 27.87         

EQ/T. ROWE PRICE HEALTH SCIENCES

     1.00%      IB        $ 16.66          89

EQ/T. ROWE PRICE HEALTH SCIENCES

     1.25%      IB        $ 25.13          4

EQ/T. ROWE PRICE HEALTH SCIENCES

     1.30%      IB        $ 59.67          42

EQ/T. ROWE PRICE HEALTH SCIENCES

     1.65%      IB        $ 56.75          2

EQ/VALUE EQUITY

     1.30%      IA        $ 28.79          18

EQ/VALUE EQUITY

     1.65%      IA        $ 27.38          1

EQ/VALUE EQUITY

     1.00%      IB        $ 15.48          35

EQ/VALUE EQUITY

     1.25%      IB        $ 17.94          13

EQ/WELLINGTON ENERGY

     1.00%      IB        $ 5.99          144

EQ/WELLINGTON ENERGY

     1.25%      IB        $ 5.55          34

EQ/WELLINGTON ENERGY

     1.30%      IB        $ 8.01          112

EQ/WELLINGTON ENERGY

     1.65%      IB        $ 7.62          9

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-39


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       Contract
Charges*
     Share Class**      Unit Value      Units
Outstanding
(000’s)***

EQUITABLE CONSERVATIVE GROWTH MF/ETF

     1.00%      IB        $ 12.89          53

EQUITABLE CONSERVATIVE GROWTH MF/ETF

     1.25%      IB        $ 12.75          101

EQUITABLE CONSERVATIVE GROWTH MF/ETF

     1.30%      IB        $ 14.90          40

EQUITABLE CONSERVATIVE GROWTH MF/ETF

     1.65%      IB        $ 14.34         

EQUITABLE GROWTH MF/ETF

     1.00%      IB        $ 9.87          252

EQUITABLE GROWTH MF/ETF

     1.25%      IB        $ 9.82          3

EQUITABLE GROWTH MF/ETF

     1.30%      IB        $ 11.62          36

EQUITABLE MODERATE GROWTH MF/ETF

     1.00%      IB        $ 9.69          156

EQUITABLE MODERATE GROWTH MF/ETF

     1.25%      IB        $ 9.65          33

EQUITABLE MODERATE GROWTH MF/ETF

     1.30%      IB        $ 11.44          110

FEDERATED HERMES HIGH INCOME BOND FUND II

     0.00%      SERVICE CLASS        $ 14.39         

FEDERATED HERMES HIGH INCOME BOND FUND II

     1.00%      SERVICE CLASS        $ 12.54          87

FEDERATED HERMES HIGH INCOME BOND FUND II

     1.25%      SERVICE CLASS        $ 12.98          21

FEDERATED HERMES KAUFMANN FUND II

     1.00%      SERVICE CLASS        $ 17.03          21

FEDERATED HERMES KAUFMANN FUND II

     1.25%      SERVICE CLASS        $ 20.85         

FIDELITY® VIP MID CAP PORTFOLIO

     0.00%      SERVICE CLASS 2        $ 21.90          7

FIDELITY® VIP MID CAP PORTFOLIO

     1.00%      SERVICE CLASS 2        $ 17.45          89

FIDELITY® VIP MID CAP PORTFOLIO

     1.25%      SERVICE CLASS 2        $ 19.74          7

FIDELITY® VIP MID CAP PORTFOLIO

     1.30%      SERVICE CLASS 2        $ 32.19          62

FIDELITY® VIP MID CAP PORTFOLIO

     1.65%      SERVICE CLASS 2        $ 30.61         

FIDELITY® VIP STRATEGIC INCOME PORTFOLIO

     0.00%      SERVICE CLASS 2        $ 13.19          2

FIDELITY® VIP STRATEGIC INCOME PORTFOLIO

     1.00%      SERVICE CLASS 2        $ 11.64          300

FIDELITY® VIP STRATEGIC INCOME PORTFOLIO

     1.25%      SERVICE CLASS 2        $ 11.90          42

FIDELITY® VIP STRATEGIC INCOME PORTFOLIO

     1.30%      SERVICE CLASS 2        $ 14.38          177

FIDELITY® VIP STRATEGIC INCOME PORTFOLIO

     1.65%      SERVICE CLASS 2        $ 13.67          4

FIRST TRUST MULTI INCOME ALLOCATION PORTFOLIO

     1.00%      CLASS I        $ 12.96          9

FIRST TRUST MULTI INCOME ALLOCATION PORTFOLIO

     1.25%      CLASS I        $ 13.17          9

FIRST TRUST MULTI INCOME ALLOCATION PORTFOLIO

     1.30%      CLASS I        $ 13.10          17

FIRST TRUST MULTI INCOME ALLOCATION PORTFOLIO

     1.65%      CLASS I        $ 12.67          1

FIRST TRUST/DOW JONES DIVIDEND & INCOME ALLOCATION PORTFOLIO

     1.00%      CLASS I        $ 15.35          116

FIRST TRUST/DOW JONES DIVIDEND & INCOME ALLOCATION PORTFOLIO

     1.25%      CLASS I        $ 16.82          22

FIRST TRUST/DOW JONES DIVIDEND & INCOME ALLOCATION PORTFOLIO

     1.30%      CLASS I        $ 19.02          37

FIRST TRUST/DOW JONES DIVIDEND & INCOME ALLOCATION PORTFOLIO

     1.65%      CLASS I        $ 18.25          1

FRANKLIN ALLOCATION VIP FUND

     1.00%      CLASS 2        $ 13.51          6

FRANKLIN ALLOCATION VIP FUND

     1.25%      CLASS 2        $ 14.34         

FRANKLIN ALLOCATION VIP FUND

     1.30%      CLASS 2        $ 20.03          13

FRANKLIN ALLOCATION VIP FUND

     1.65%      CLASS 2        $ 19.06          1

FRANKLIN INCOME VIP FUND

     1.00%      CLASS 2        $ 13.80          148

FRANKLIN INCOME VIP FUND

     1.25%      CLASS 2        $ 14.61          19

FRANKLIN INCOME VIP FUND

     1.30%      CLASS 2        $ 19.65          119

FRANKLIN INCOME VIP FUND

     1.65%      CLASS 2        $ 18.70          2

HARTFORD DISCIPLINED EQUITY HLS FUND

     1.30%      IC        $ 34.15          13

INVESCO V.I. BALANCED-RISK ALLOCATION FUND

     1.00%      SERIES II        $ 12.00          48

INVESCO V.I. BALANCED-RISK ALLOCATION FUND

     1.25%      SERIES II        $ 12.55          5

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-40


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Continued)

DECEMBER 31, 2023

 

       Contract
Charges*
     Share Class**      Unit Value      Units
Outstanding
(000’s)***

INVESCO V.I. DIVERSIFIED DIVIDEND FUND

     1.30%      SERIES II        $ 28.69          24

INVESCO V.I. DIVERSIFIED DIVIDEND FUND

     1.65%      SERIES II        $ 24.32         

INVESCO V.I. EQUITY AND INCOME FUND

     1.30%      SERIES II        $ 15.68          103

INVESCO V.I. EQUITY AND INCOME FUND

     1.65%      SERIES II        $ 15.19          7

INVESCO V.I. HEALTH CARE FUND

     0.00%      SERIES II        $ 19.67          7

INVESCO V.I. HEALTH CARE FUND

     1.00%      SERIES II        $ 13.30          40

INVESCO V.I. HEALTH CARE FUND

     1.25%      SERIES II        $ 17.73          5

INVESCO V.I. HIGH YIELD FUND

     1.00%      SERIES II        $ 11.56          82

INVESCO V.I. HIGH YIELD FUND

     1.25%      SERIES II        $ 11.92          28

INVESCO V.I. HIGH YIELD FUND

     1.30%      SERIES II        $ 13.84          74

INVESCO V.I. MAIN STREET MID CAP FUND

     1.00%      SERIES II        $ 11.64          1

INVESCO V.I. MAIN STREET MID CAP FUND

     1.30%      SERIES II        $ 24.44          12

INVESCO V.I. MAIN STREET MID CAP FUND

     1.65%      SERIES II        $ 23.25          1

INVESCO V.I. SMALL CAP EQUITY FUND

     1.00%      SERIES II        $ 15.66          27

INVESCO V.I. SMALL CAP EQUITY FUND

     1.25%      SERIES II        $ 17.05         

INVESCO V.I. SMALL CAP EQUITY FUND

     1.30%      SERIES II        $ 32.31          22

JANUS HENDERSON BALANCED PORTFOLIO

     0.00%      SERVICE SHARES        $ 21.15          18

JANUS HENDERSON BALANCED PORTFOLIO

     1.00%      SERVICE SHARES        $ 17.28          505

JANUS HENDERSON BALANCED PORTFOLIO

     1.25%      SERVICE SHARES        $ 19.07          44

JANUS HENDERSON FLEXIBLE BOND PORTFOLIO

     1.00%      SERVICE SHARES        $ 10.11          123

JANUS HENDERSON FLEXIBLE BOND PORTFOLIO

     1.25%      SERVICE SHARES        $ 10.33          4

LORD ABBETT SERIES FUND — BOND DEBENTURE PORTFOLIO

     1.00%      VC SHARES        $ 11.84          182

LORD ABBETT SERIES FUND — BOND DEBENTURE PORTFOLIO

     1.25%      VC SHARES        $ 12.54          32

LORD ABBETT SERIES FUND — BOND DEBENTURE PORTFOLIO

     1.30%      VC SHARES        $ 14.75          89

MFS® INVESTORS TRUST SERIES

     1.00%      SERVICE CLASS        $ 20.86          6

MFS® INVESTORS TRUST SERIES

     1.30%      SERVICE CLASS        $ 37.71          5

MFS® INVESTORS TRUST SERIES

     1.65%      SERVICE CLASS        $ 35.86         

MFS® MASSACHUSETTS INVESTORS GROWTH STOCK PORTFOLIO

     1.30%      SERVICE CLASS        $ 47.86          18

MFS® MASSACHUSETTS INVESTORS GROWTH STOCK PORTFOLIO

     1.65%      SERVICE CLASS        $ 45.52          1

MFS® VALUE SERIES

     0.00%      SERVICE CLASS        $ 22.67          8

MFS® VALUE SERIES

     1.00%      SERVICE CLASS        $ 17.92          58

MFS® VALUE SERIES

     1.25%      SERVICE CLASS        $ 20.44          1

MULTIMANAGER AGGRESSIVE EQUITY

     1.30%      IB        $ 47.33          14

MULTIMANAGER AGGRESSIVE EQUITY

     1.65%      IB        $ 44.45         

MULTIMANAGER TECHNOLOGY

     1.00%      IB        $ 34.13          56

MULTIMANAGER TECHNOLOGY

     1.25%      IB        $ 42.14          3

MULTIMANAGER TECHNOLOGY

     1.30%      IB        $ 34.37          85

MULTIMANAGER TECHNOLOGY

     1.65%      IB        $ 33.30          8

NEUBERGER BERMAN U.S. EQUITY INDEX PUTWRITE STRATEGY PORTFOLIO

     1.30%      CLASS S        $ 12.32          5

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-41


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF ASSETS AND LIABILITIES (Concluded)

DECEMBER 31, 2023

 

       Contract
Charges*
     Share Class**      Unit Value      Units
Outstanding
(000’s)***

PIMCO COMMODITYREALRETURN® STRATEGY PORTFOLIO

     1.00%      ADVISOR CLASS        $ 10.23          22

PIMCO COMMODITYREALRETURN® STRATEGY PORTFOLIO

     1.25%      ADVISOR CLASS        $ 7.83          19

PIMCO COMMODITYREALRETURN® STRATEGY PORTFOLIO

     1.30%      ADVISOR CLASS        $ 8.27          59

PIMCO COMMODITYREALRETURN® STRATEGY PORTFOLIO

     1.65%      ADVISOR CLASS        $ 7.86          1

PIMCO EMERGING MARKETS BOND PORTFOLIO

     1.00%      ADVISOR CLASS        $ 11.16          5

PIMCO GLOBAL BOND OPPORTUNITIES PORTFOLIO (UNHEDGED)

     1.00%      ADVISOR CLASS        $ 9.93          47

PIMCO GLOBAL BOND OPPORTUNITIES PORTFOLIO (UNHEDGED)

     1.25%      ADVISOR CLASS        $ 9.36          8

PIMCO GLOBAL MANAGED ASSET ALLOCATION PORTFOLIO

     1.00%      ADVISOR CLASS        $ 13.44          3

PIMCO INCOME PORTFOLIO

     0.00%      ADVISOR CLASS        $ 11.66          3

PIMCO INCOME PORTFOLIO

     1.00%      ADVISOR CLASS        $ 11.15          332

PIMCO INCOME PORTFOLIO

     1.25%      ADVISOR CLASS        $ 11.02          31

PIMCO INCOME PORTFOLIO

     1.30%      ADVISOR CLASS        $ 11.00          25

PRINCIPAL BLUE CHIP ACCOUNT

     1.00%      CLASS 3        $ 10.72          18

PRINCIPAL EQUITY INCOME ACCOUNT

     1.25%      CLASS 3        $ 10.06          14

PROFUND VP BIOTECHNOLOGY

     1.30%      COMMON SHARES        $ 45.62          13

PROFUND VP BIOTECHNOLOGY

     1.65%      COMMON SHARES        $ 43.38         

PUTNAM VT GLOBAL ASSET ALLOCATION FUND

     1.00%      CLASS IB        $ 15.16          14

PUTNAM VT RESEARCH FUND

     1.00%      CLASS IB        $ 24.29          4

T. ROWE PRICE EQUITY INCOME PORTFOLIO

     0.00%      CLASS II        $ 20.89          7

T. ROWE PRICE EQUITY INCOME PORTFOLIO

     1.00%      CLASS II        $ 17.47          41

T. ROWE PRICE EQUITY INCOME PORTFOLIO

     1.25%      CLASS II        $ 18.83          21

TEMPLETON DEVELOPING MARKETS VIP FUND

     1.30%      CLASS 2        $ 11.96          16

TEMPLETON DEVELOPING MARKETS VIP FUND

     1.65%      CLASS 2        $ 11.38          5

TEMPLETON GLOBAL BOND VIP FUND

     1.00%      CLASS 2        $ 8.22          24

TEMPLETON GLOBAL BOND VIP FUND

     1.25%      CLASS 2        $ 8.26          4

TEMPLETON GLOBAL BOND VIP FUND

     1.30%      CLASS 2        $ 10.39          31

TEMPLETON GLOBAL BOND VIP FUND

     1.65%      CLASS 2        $ 9.88          2

 

The accompanying notes are an integral part of these financial statements.

*   Contract charges reflect the annual mortality, expense risk, financial accounting and other expenses related to the Variable Investment Options.
**   Share class reflects the share class of the Portfolio in which the units of the Variable Investment Option are invested, as further described in Note 5 of these financial statements.
***   Variable Investment Options where Units Outstanding are less than 500 are denoted by a—.

 

FSA-42


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       1290 VT
CONVERTIBLE
SECURITIES*
       1290 VT
DOUBLELINE
OPPORTUNISTIC
BOND*
     1290 VT EQUITY
INCOME*
     1290 VT GAMCO
MERGERS &
ACQUISITIONS*
     1290 VT GAMCO
SMALL COMPANY
VALUE*
    1290 VT HIGH YIELD
BOND*
 

Income and Expenses:

                    

Investment Income:

                    

Dividends from the Portfolios

     $ 7,222        $ 41,056      $ 25,121      $ 13,020      $ 41,610     $ 105,357  

Expenses:

                    

Asset-based charges

       1,686          28,455        8,958        5,346        54,302       13,013  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       5,536          12,601        16,163        7,674        (12,692     92,344  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                    

Net realized gain (loss) on investments

       936          (104,809      (3,955      (2,826      (24,534     (1,231

Net realized gain distribution from the Portfolios

                       72,825        20,899        464,868        
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       936          (104,809      68,870        18,073        440,334       (1,231
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       14,919          45,904        (8,203      18,173        459,726       44,798  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       15,855          (58,905      60,667        36,246        900,060       43,567  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 21,391        $ (46,304    $ 76,830      $ 43,920      $ 887,368     $ 135,911  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-43


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       1290 VT MICRO
CAP*
     1290 VT MODERATE
GROWTH
ALLOCATION*
     1290 VT MULTI-
ALTERNATIVE
STRATEGIES*
     1290 VT NATURAL
RESOURCES*
     1290 VT REAL
ESTATE*
    1290 VT SMALL
CAP VALUE*
 

Income and Expenses:

                  

Investment Income:

                  

Dividends from the Portfolios

     $ 2,727      $ 812,581      $ 2,103      $ 44,759      $ 23,710     $ 21,755  

Expenses:

                  

Asset-based charges

       4,247        479,972        676        13,067        6,617       18,374  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       (1,520      332,609        1,427        31,692        17,093       3,381  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                  

Net realized gain (loss) on investments

       (11,568      (190,278      4,463        1,514        (68,138     (46,723

Net realized gain distribution from the Portfolios

              45,027        1,127                     153,837  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       (11,568      (145,251      5,590        1,514        (68,138     107,114  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       36,090        5,169,252        (459      (34,628      122,358       4,472  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       24,522        5,024,001        5,131        (33,114      54,220       111,586  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 23,002      $ 5,356,610      $ 6,558      $ (1,422    $ 71,313     $ 114,967  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-44


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       1290 VT SMARTBETA
EQUITY ESG*
     1290 VT SOCIALLY
RESPONSIBLE*
       AB VPS
DISCOVERY
VALUE
PORTFOLIO**
     AB VPS RELATIVE
VALUE
PORTFOLIO**
     AB VPS
SUSTAINABLE
GLOBAL THEMATIC
PORTFOLIO**
    AMERICAN
CENTURY VP
INFLATION
PROTECTION FUND
 

Income and Expenses:

                    

Investment Income:

                    

Dividends from the Portfolios

     $ 15,237      $ 4,423        $ 1,849      $ 3,940      $ 78     $ 12,615  

Expenses:

                    

Asset-based charges

       11,952        2,884          1,957        2,826        2,367       3,012  
    

 

 

    

 

 

      

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       3,285        1,539          (108      1,114        (2,289     9,603  
    

 

 

    

 

 

      

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                    

Net realized gain (loss) on investments

       (41,505      5,255          (1,574      (590      377       (299

Net realized gain distribution from the Portfolios

       13,304        12,730          19,442        24,886        16,871        
    

 

 

    

 

 

      

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       (28,201      17,985          17,868        24,296        17,248       (299
    

 

 

    

 

 

      

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       168,919        49,143          13,150        (4,982      25,624       510  
    

 

 

    

 

 

      

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       140,718        67,128          31,018        19,314        42,872       211  
    

 

 

    

 

 

      

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 144,003      $ 68,667        $ 30,910      $ 20,428      $ 40,583     $ 9,814  
    

 

 

    

 

 

      

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
**   Denotes Variable Investment Options that invest in shares of a Portfolio of AB Variable Product Series Fund, Inc, an affiliate of Equitable America.

 

FSA-45


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       AMERICAN
FUNDS
INSURANCE
SERIES® ASSET
ALLOCATION
FUND
       AMERICAN  FUNDS
INSURANCE
SERIES® GLOBAL
GROWTH FUND
     AMERICAN  FUNDS
INSURANCE
SERIES® GLOBAL
SMALL
CAPITALIZATION
FUND
     AMERICAN FUNDS
INSURANCE  SERIES®
GROWTH-INCOME FUND
       AMERICAN FUNDS
INSURANCE  SERIES®
INTERNATIONAL
GROWTH AND
INCOME FUND
     AMERICAN
FUNDS
INSURANCE
SERIES® NEW
WORLD FUND®
 

Income and Expenses:

                       

Investment Income:

                       

Dividends from the Portfolios

     $ 71,708        $ 7,073      $ 78      $ 16,615        $ 13,565      $ 22,823  

Expenses:

                       

Asset-based charges

       17,564          5,957        3,337        9,387          3,349        12,863  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net Investment Income (Loss)

       54,144          1,116        (3,259      7,228          10,216        9,960  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                       

Net realized gain (loss) on investments

       17,365          (1,094      (8,331      4,132          1,890        (43,414

Net realized gain distribution from the Portfolios

       37,736          37,903        2,987        43,049                  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net realized gain (loss)

       55,101          36,809        (5,344      47,181          1,890        (43,414
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       233,221          75,438        53,077        168,927          40,093        218,464  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       288,322          112,247        47,733        216,108          41,983        175,050  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 342,466        $ 113,363      $ 44,474      $ 223,336        $ 52,199      $ 185,010  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-46


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       AMERICAN  FUNDS
INSURANCE
SERIES® THE BOND
FUND OF  AMERICA®
     BLACKROCK
GLOBAL
ALLOCATION V.I.
FUND
       BLACKROCK
LARGE CAP FOCUS
GROWTH V.I. FUND
     CLEARBRIDGE
VARIABLE
APPRECIATION
PORTFOLIO
       CLEARBRIDGE
VARIABLE MID CAP
PORTFOLIO
    DELAWARE IVY VIP
HIGH INCOME
 

Income and Expenses:

                      

Investment Income:

                      

Dividends from the Portfolios

     $ 35,411      $ 62,235        $      $ 10,488        $ 47     $ 123,359  

Expenses:

                      

Asset-based charges

       12,603        22,717          18,742        7,557          3,392       26,147  
    

 

 

    

 

 

      

 

 

    

 

 

      

 

 

   

 

 

 

Net Investment Income (Loss)

       22,808        39,518          (18,742      2,931          (3,345     97,212  
    

 

 

    

 

 

      

 

 

    

 

 

      

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                      

Net realized gain (loss) on investments

       (55,630      10,678          (72,891      2,455          (40,486     (68,366

Net realized gain distribution from the Portfolios

                       31,853        33,998          1,347        
    

 

 

    

 

 

      

 

 

    

 

 

      

 

 

   

 

 

 

Net realized gain (loss)

       (55,630      10,678          (41,038      36,453          (39,139     (68,366
    

 

 

    

 

 

      

 

 

    

 

 

      

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       68,347        180,389          595,103        55,827          86,230       171,916  
    

 

 

    

 

 

      

 

 

    

 

 

      

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       12,717        191,067          554,065        92,280          47,091       103,550  
    

 

 

    

 

 

      

 

 

    

 

 

      

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 35,525      $ 230,585        $ 535,323      $ 95,211        $ 43,746     $ 200,762  
    

 

 

    

 

 

      

 

 

    

 

 

      

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-47


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       DELAWARE VIP
EMERGING
MARKETS SERIES
     EATON VANCE VT
FLOATING-RATE
INCOME FUND
       EQ/500 MANAGED
VOLATILITY*
       EQ/AB DYNAMIC
AGGRESSIVE
GROWTH*
     EQ/AB DYNAMIC
GROWTH*
    EQ/AB DYNAMIC
MODERATE
GROWTH*
 

Income and Expenses:

                      

Investment Income:

                      

Dividends from the Portfolios

     $ 869      $ 158,201        $ 5,122        $ 1,150,557      $ 705,208     $ 649,655  

Expenses:

                      

Asset-based charges

       1,183        21,707          2,036          929,542        678,251       574,068  
    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       (314      136,494          3,086          221,015        26,957       75,587  
    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                      

Net realized gain (loss) on investments

       343        2,730          752          (687,729      (360,635     (308,529

Net realized gain distribution from the Portfolios

                       24,948                       175,716  
    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       343        2,730          25,700          (687,729      (360,635     (132,813
    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       19,507        45,601          15,277          11,279,687        7,428,303       5,187,938  
    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       19,850        48,331          40,977          10,591,958        7,067,668       5,055,125  
    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 19,536      $ 184,825        $ 44,063        $ 10,812,973      $ 7,094,625     $ 5,130,712  
    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliates of Equitable America.

 

FSA-48


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       EQ/AB SHORT
DURATION
GOVERNMENT
BOND*
       EQ/AB SMALL CAP
GROWTH*
     EQ/AB
SUSTAINABLE U.S.
THEMATIC*
     EQ/AGGRESSIVE
ALLOCATION*
       EQ/AGGRESSIVE
GROWTH
STRATEGY*
    EQ/ALL ASSET
GROWTH
ALLOCATION*
 

Income and Expenses:

                      

Investment Income:

                      

Dividends from the Portfolios

     $ 34,841        $ 8,019      $ 250      $ 14,038        $ 4,591,680     $ 17,619  

Expenses:

                      

Asset-based charges

       13,334          28,066        426        6,064          2,965,194       4,885  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net Investment Income (Loss)

       21,507          (20,047      (176      7,974          1,626,486       12,734  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                      

Net realized gain (loss) on investments

       7,773          (72,715      25        1,803          (1,893,594     (11,957

Net realized gain distribution from the Portfolios

                5,062               28,635          6,885,852       8,602  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net realized gain (loss)

       7,773          (67,653      25        30,438          4,992,258       (3,355
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       4,840          473,562        6,949        63,002          31,239,377       61,177  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       12,613          405,909        6,974        93,440          36,231,635       57,822  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 34,120        $ 385,862      $ 6,798      $ 101,414        $ 37,858,121     $ 70,556  
    

 

 

      

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-49


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       EQ/AMERICAN
CENTURY MID CAP
VALUE*
     EQ/AMERICAN
CENTURY
MODERATE
GROWTH
ALLOCATION*
     EQ/BALANCED
STRATEGY*
     EQ/CLEARBRIDGE
LARGE CAP
GROWTH ESG*
     EQ/CLEARBRIDGE
SELECT EQUITY
MANAGED
VOLATILITY*
    EQ/COMMON
STOCK INDEX*
 

Income and Expenses:

                  

Investment Income:

                  

Dividends from the Portfolios

     $ 53,050      $ 501,279      $ 2,541,501      $      $ 6,824     $ 71,462  

Expenses:

                  

Asset-based charges

       27,151        279,330        1,499,532        7,096        10,762       59,751  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       25,899        221,949        1,041,969        (7,096      (3,938     11,711  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                  

Net realized gain (loss) on investments

       (35,342      (147,078      (573,742      (3,766      (19,239     (43,417

Net realized gain distribution from the Portfolios

       115,419               1,452,500        44,963              265,867  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       80,077        (147,078      878,758        41,197        (19,239     222,450  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       35,814        3,064,110        12,202,397        184,381        204,991       817,623  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       115,891        2,917,032        13,081,155        225,578        185,752       1,040,073  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 141,790      $ 3,138,981      $ 14,123,124      $ 218,482      $ 181,814     $ 1,051,784  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-50


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       EQ/CONSERVATIVE
ALLOCATION*
       EQ/CONSERVATIVE
GROWTH STRATEGY*
     EQ/CONSERVATIVE
STRATEGY*
     EQ/CORE BOND
INDEX*
     EQ/CORE PLUS
BOND*
    EQ/EMERGING
MARKETS EQUITY
PLUS*
 

Income and Expenses:

                    

Investment Income:

                    

Dividends from the Portfolios

     $ 37,806        $ 1,137,024      $ 649,268      $ 126,551      $ 54,586     $ 21,069  

Expenses:

                    

Asset-based charges

       10,623          673,362        346,459        42,269        15,956       6,257  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       27,183          463,662        302,809        84,282        38,630       14,812  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                    

Net realized gain (loss) on investments

       963          (580,037      (510,597      (44,114      (3,268     (12,294

Net realized gain distribution from the Portfolios

       13,370          854,216        60,052                      
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       14,333          274,179        (450,545      (44,114      (3,268     (12,294
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       23,690          4,821,100        2,311,045        119,493        41,401       48,524  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       38,023          5,095,279        1,860,500        75,379        38,133       36,230  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 65,206        $ 5,558,941      $ 2,163,309      $ 159,661      $ 76,763     $ 51,042  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-51


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       EQ/EQUITY 500
INDEX*
       EQ/FIDELITY
INSTITUTIONAL  AM®
LARGE CAP*
     EQ/FRANKLIN
MODERATE
ALLOCATION*
     EQ/FRANKLIN
RISING
DIVIDENDS*
     EQ/GOLDMAN
SACHS GROWTH
ALLOCATION*
    EQ/GOLDMAN
SACHS MID CAP
VALUE*
 

Income and Expenses:

                    

Investment Income:

                    

Dividends from the Portfolios

     $ 294,704        $ 14,150      $ 540,447      $ 55,400      $ 2,258,406     $ 8,092  

Expenses:

                    

Asset-based charges

       203,813          22,330        283,938        39,527        864,313       11,042  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       90,891          (8,180      256,509        15,873        1,394,093       (2,950
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                    

Net realized gain (loss) on investments

       156,792          (15,112      (117,589      (2,696      (185,279     (28,330

Net realized gain distribution from the Portfolios

       230,644          76,650               18,945              41,981  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       387,436          61,538        (117,589      16,249        (185,279     13,651  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       3,405,361          404,259        2,266,588        330,614        9,432,315       97,316  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       3,792,797          465,797        2,148,999        346,863        9,247,036       110,967  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 3,883,688        $ 457,617      $ 2,405,508      $ 362,736      $ 10,641,129     $ 108,017  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-52


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       EQ/GOLDMAN
SACHS  MODERATE
GROWTH
ALLOCATION*
     EQ/GROWTH
STRATEGY*
     EQ/INTERMEDIATE
CORPORATE BOND*(a)
       EQ/INTERMEDIATE
GOVERNMENT
BOND*
     EQ/INTERNATIONAL
CORE MANAGED
VOLATILITY*
    EQ/INTERNATIONAL
EQUITY INDEX*
 

Income and Expenses:

                    

Investment Income:

                    

Dividends from the Portfolios

     $ 1,967,222      $ 3,176,886      $ 435        $ 68,083      $ 4,551     $ 90,849  

Expenses:

                    

Asset-based charges

       679,076        2,070,956        45          6,455        2,899       24,208  
    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       1,288,146        1,105,930        390          61,628        1,652       66,641  
    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                    

Net realized gain (loss) on investments

       (151,873      (989,440      1          756        (11,709     (5,181

Net realized gain distribution from the Portfolios

              4,705,497                        2,061        
    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       (151,873      3,716,057        1          756        (9,648     (5,181
    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       5,599,585        19,301,977        1,820          (3,330      38,499       281,014  
    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       5,447,712        23,018,034        1,821          (2,574      28,851       275,833  
    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 6,735,858      $ 24,123,964      $ 2,211        $ 59,054      $ 30,503     $ 342,474  
    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(a)   Units were made available on November 13, 2023.

 

FSA-53


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       EQ/INVESCO
COMSTOCK*
     EQ/INVESCO
GLOBAL*
     EQ/INVESCO
GLOBAL REAL
ASSETS*
     EQ/INVESCO
MODERATE
ALLOCATION*
     EQ/INVESCO
MODERATE
GROWTH
ALLOCATION*
    EQ/JANUS
ENTERPRISE*
 

Income and Expenses:

                  

Investment Income:

                  

Dividends from the Portfolios

     $ 19,039      $ 7      $ 10,856      $ 634,751      $ 1,573,669     $ 1,223  

Expenses:

                  

Asset-based charges

       10,138        17,422        4,973        345,370        622,991       30,328  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       8,901        (17,415      5,883        289,381        950,678       (29,105
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                  

Net realized gain (loss) on investments

       (12,481      (15,080      (5,667      (142,108      (116,517     (49,456

Net realized gain distribution from the Portfolios

       92,319        18,474        13,625                     246,463  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       79,838        3,394        7,958        (142,108      (116,517     197,007  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       10,521        405,054        26,829        2,622,769        5,893,072       231,666  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       90,359        408,448        34,787        2,480,661        5,776,555       428,673  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 99,260      $ 391,033      $ 40,670      $ 2,770,042      $ 6,727,233     $ 399,568  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-54


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       EQ/JPMORGAN
GROWTH
ALLOCATION*
     EQ/JPMORGAN
GROWTH STOCK*
     EQ/JPMORGAN
VALUE
OPPORTUNITIES*
     EQ/LARGE CAP
GROWTH INDEX*
     EQ/LARGE CAP
VALUE INDEX*
    EQ/LARGE CAP
VALUE MANAGED
VOLATILITY*
 

Income and Expenses:

                  

Investment Income:

                  

Dividends from the Portfolios

     $ 2,977,878      $      $ 139,583      $ 16,143      $ 52,782     $ 12,096  

Expenses:

                  

Asset-based charges

       1,075,513        66,309        80,405        54,182        28,526       9,543  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       1,902,365        (66,309      59,178        (38,039      24,256       2,553  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                  

Net realized gain (loss) on investments

       (174,724      (93,922      (50,517      (68,994      (16,271     (35,398

Net realized gain distribution from the Portfolios

              1,200,117        466,095        269,830        96,223       41,256  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       (174,724      1,106,195        415,578        200,836        79,952       5,858  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       8,654,538        821,817        327,778        1,290,756        159,728       74,234  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       8,479,814        1,928,012        743,356        1,491,592        239,680       80,092  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 10,382,179      $ 1,861,703      $ 802,534      $ 1,453,553      $ 263,936     $ 82,645  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-55


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       EQ/LAZARD
EMERGING
MARKETS
EQUITY*
     EQ/LOOMIS SAYLES
GROWTH*
     EQ/MFS
INTERNATIONAL
GROWTH*
     EQ/MFS
INTERNATIONAL
INTRINSIC VALUE*
     EQ/MFS MID CAP
FOCUSED
GROWTH*
    EQ/MFS
TECHNOLOGY*
 

Income and Expenses:

                  

Investment Income:

                  

Dividends from the Portfolios

     $ 28,819      $      $ 43,012      $ 41,928      $     $  

Expenses:

                  

Asset-based charges

       5,038        25,726        25,209        28,661        9,408       51,655  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       23,781        (25,726      17,803        13,267        (9,408     (51,655
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                  

Net realized gain (loss) on investments

       (8,978      5,567        (22,850      (35,533      (4,129     (94,652

Net realized gain distribution from the Portfolios

       675        144,764        118,329        55,953        10,528        
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       (8,303      150,331        95,479        20,420        6,399       (94,652
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       70,599        497,117        144,086        291,139        149,853       1,871,108  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       62,296        647,448        239,565        311,559        156,252       1,776,456  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 86,077      $ 621,722      $ 257,368      $ 324,826      $ 146,844     $ 1,724,801  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-56


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       EQ/MFS UTILITIES
SERIES*
     EQ/MID CAP INDEX*      EQ/MID CAP VALUE
MANAGED
VOLATILITY*
     EQ/MODERATE
ALLOCATION*
     EQ/MODERATE
GROWTH
STRATEGY*
    EQ/MODERATE-
PLUS ALLOCATION*
 

Income and Expenses:

                  

Investment Income:

                  

Dividends from the Portfolios

     $ 37,829      $ 46,672      $ 8,145      $ 200,059      $ 2,697,827     $ 75,578  

Expenses:

                  

Asset-based charges

       17,689        38,099        7,357        62,182        1,663,063       28,543  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       20,140        8,573        788        137,877        1,034,764       47,035  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                  

Net realized gain (loss) on investments

       (36,030      (34,176      (11,594      (46,809      (1,057,293     18,720  

Net realized gain distribution from the Portfolios

       33,884        174,858        27,431        209,222        4,243,538       124,469  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       (2,146      140,682        15,837        162,413        3,186,245       143,189  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       (57,892      355,466        45,276        356,149        13,076,231       198,434  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       (60,038      496,148        61,113        518,562        16,262,476       341,623  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ (39,898    $ 504,721      $ 61,901      $ 656,439      $ 17,297,240     $ 388,658  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-57


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       EQ/MONEY
MARKET*
     EQ/PIMCO GLOBAL
REAL RETURN*
     EQ/PIMCO REAL
RETURN*
     EQ/PIMCO TOTAL
RETURN ESG*
     EQ/PIMCO ULTRA
SHORT BOND*
    EQ/SMALL
COMPANY INDEX*
 

Income and Expenses:

                  

Investment Income:

                  

Dividends from the Portfolios

     $ 8,414,304      $ 6,860      $ 19,849      $ 77,536      $ 142,742     $ 35,180  

Expenses:

                  

Asset-based charges

       472,817        4,061        16,293        25,548        26,662       25,013  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       7,941,487        2,799        3,556        51,988        116,080       10,167  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                  

Net realized gain (loss) on investments

       (17      (21,195      (80,723      (50,579      17,869       (54,370

Net realized gain distribution from the Portfolios

              2,375        21,410                     101,583  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       (17      (18,820      (59,313      (50,579      17,869       47,213  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       17        31,692        88,487        117,479        (32,821     317,194  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

              12,872        29,174        66,900        (14,952     364,407  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 7,941,487      $ 15,671      $ 32,730      $ 118,888      $ 101,128     $ 374,574  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-58


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       EQ/T. ROWE PRICE
HEALTH SCIENCES*
     EQ/VALUE EQUITY*      EQ/WELLINGTON
ENERGY*
       EQUITABLE
CONSERVATIVE
GROWTH MF/ETF*
      

EQUITABLE
GROWTH MF/ETF*

    

EQUITABLE
MODERATE
GROWTH MF/ETF*

 

Income and Expenses:

                       

Investment Income:

                       

Dividends from the Portfolios

     $      $ 11,136      $ 63,380        $ 61,646        $ 40,588      $ 53,306  

Expenses:

                       

Asset-based charges

       35,486        10,195        19,962          14,290          11,164        17,959  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net Investment Income (Loss)

       (35,486      941        43,418          47,356          29,424        35,347  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                       

Net realized gain (loss) on investments

       (107,763      (14,727      97,286          (2,640        371        1,270  

Net realized gain distribution from the Portfolios

       96,394        1,847                                  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net realized gain (loss)

       (11,369      (12,880      97,286          (2,640        371        1,270  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       183,679        160,594        25,966          82,029          167,106        143,268  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       172,310        147,714        123,252          79,389          167,477        144,538  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 136,824      $ 148,655      $ 166,670        $ 126,745        $ 196,901      $ 179,885  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-59


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       FEDERATED
HERMES HIGH
INCOME BOND
FUND II
     FEDERATED
HERMES
KAUFMANN FUND II
     FIDELITY® VIP MID
CAP  PORTFOLIO
     FIDELITY® VIP
STRATEGIC INCOME
PORTFOLIO
     FIRST TRUST MULTI
INCOME
ALLOCATION
PORTFOLIO
    FIRST TRUST/DOW
JONES DIVIDEND &
INCOME
ALLOCATION
PORTFOLIO
 

Income and Expenses:

                  

Investment Income:

                  

Dividends from the Portfolios

     $ 13,580      $      $ 13,324      $ 267,728      $ 9,431     $ 42,235  

Expenses:

                  

Asset-based charges

       5,821        1,270        24,973        41,280        2,104       12,369  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       7,759        (1,270      (11,649      226,448        7,327       29,866  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                  

Net realized gain (loss) on investments

       (1,614      (739      (17,659      (24,219      (933     (17,405

Net realized gain distribution from the Portfolios

                     93,529               5,192       13,607  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       (1,614      (739      75,870        (24,219      4,259       (3,798
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       77,103        28,860        269,004        159,049        7,633       180,694  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       75,489        28,121        344,874        134,830        11,892       176,896  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 83,248      $ 26,851      $ 333,225      $ 361,278      $ 19,219     $ 206,762  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-60


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       FRANKLIN
ALLOCATION VIP
FUND
     FRANKLIN INCOME
VIP FUND
     HARTFORD
DISCIPLINED
EQUITY HLS FUND(b)
     INVESCO V.I.
BALANCED-RISK
ALLOCATION
FUND
     INVESCO V.I.
DIVERSIFIED
DIVIDEND FUND
    INVESCO V.I.
EQUITY AND
INCOME FUND
 

Income and Expenses:

                  

Investment Income:

                  

Dividends from the Portfolios

     $ 2,122      $ 144,264      $ 1,184      $      $ 10,650     $ 25,470  

Expenses:

                  

Asset-based charges

       1,698        35,082        1,515        3,896        6,162       15,843  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Investment Income (Loss)

       424        109,182        (331      (3,896      4,488       9,627  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                  

Net realized gain (loss) on investments

       (14,894      (46,872      17        69        (10,921     (9,845

Net realized gain distribution from the Portfolios

       2,463        174,894                      50583       77,325  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net realized gain (loss)

       (12,431      128,022        17        69        39,662       67,480  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       26,093        (1,154      26,616        27,384        1,877       43,832  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       13,662        126,868        26,633        27,453        41,539       111,312  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 14,086      $ 236,050      $ 26,302      $ 23,557      $ 46,027     $ 120,939  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(b)   Units were made available on May 22, 2023.

 

FSA-61


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       INVESCO V.I.
HEALTH CARE
FUND
     INVESCO V.I. HIGH
YIELD FUND
     INVESCO V.I. MAIN
STREET MID CAP
FUND
     INVESCO V.I. SMALL
CAP EQUITY FUND
     JANUS HENDERSON
BALANCED
PORTFOLIO
     JANUS HENDERSON
FLEXIBLE BOND
PORTFOLIO
 

Income and Expenses:

                   

Investment Income:

                   

Dividends from the Portfolios

     $        96,114      $ 105      $      $ 122,119        34,597  

Expenses:

                   

Asset-based charges

       3,654        16,013        1,932        5,370        50,393        7,266  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Investment Income (Loss)

       (3,654      80,101        (1,827      (5,370      71,726        27,331  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                   

Net realized gain (loss) on investments

       (9,057      (29,139      (4,689      (5,817      13,939        (2,744

Net realized gain distribution from the Portfolios

                            14,227                
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net realized gain (loss)

       (9,057      (29,139      (4,689      8,410        13,939        (2,744
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       20,747        74,927        27,252        69,793        633,373        12,789  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       11,690        45,788        22,563        78,203        647,312        10,045  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 8,036      $ 125,889      $ 20,736      $ 72,833      $ 719,038      $ 37,376  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-62


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       LORD ABBETT
SERIES FUND —
BOND DEBENTURE
PORTFOLIO
     MFS® INVESTORS
TRUST SERIES
     MFS®
MASSACHUSETTS
INVESTORS
GROWTH STOCK
PORTFOLIO
     MFS®  VALUE
SERIES
       MULTIMANAGER
AGGRESSIVE
EQUITY*
    MULTIMANAGER
TECHNOLOGY*
 

Income and Expenses:

                    

Investment Income:

                    

Dividends from the Portfolios

     $ 173180      $ 1542      $ 372      $ 7499        $ 2053     $  

Expenses:

                    

Asset-based charges

       27,958        3,398        9,341        3,404          6,252       40,134  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net Investment Income (Loss)

       145,222        (1,856      (8,969      4,095          (4,199     (40,134
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                    

Net realized gain (loss) on investments

       (87,589      2,505        (37,289      767          (5,840     (42,903

Net realized gain distribution from the Portfolios

              18,785        40,244        37,589          12,330       228,296  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net realized gain (loss)

       (87,589      21,290        2,955        38,356          6,490       185,393  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       89,109        21,530        143,057        34,951          141,412       1,093,614  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       1,520        42,820        146,012        73,307          147,902       1,279,007  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 146,742      $ 40,964      $ 137,043      $ 77,402        $ 143,703     $ 1,238,873  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-63


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       NEUBERGER
BERMAN U.S.
EQUITY INDEX
PUTWRITE
STRATEGY
PORTFOLIO
     PIMCO
COMMODITYREALRETURN®
STRATEGY PORTFOLIO
     PIMCO EMERGING
MARKETS BOND
PORTFOLIO
     PIMCO GLOBAL
BOND
OPPORTUNITIES
PORTFOLIO
(UNHEDGED)
     PIMCO GLOBAL
MANAGED ASSET
ALLOCATION
PORTFOLIO
       PIMCO INCOME
PORTFOLIO
 

Income and Expenses:

                     

Investment Income:

                     

Dividends from the Portfolios

     $      $ 106062      $ 685      $ 5489      $ 581        $ 109225  

Expenses:

                     

Asset-based charges

       592        9,097        112        2,543        150          21,648  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

 

Net Investment Income (Loss)

       (592      96,965        573        2,946        431          87,577  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                     

Net realized gain (loss) on investments

       (1,704      (40,471      (2      (82      15          (21,673

Net realized gain distribution from the Portfolios

                            3,321                  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

 

Net realized gain (loss)

       (1,704      (40,471      (2      3,239        15          (21,673
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       7,985        (121,386      4,355        15,024        2,497          125,580  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       6,281        (161,857      4,353        18,263        2,512          103,907  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 5,689      $ (64,892    $ 4,926      $ 21,209      $ 2,943        $ 191,484  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-64


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Continued)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       PRINCIPAL BLUE
CHIP ACCOUNT
     PRINCIPAL EQUITY
INCOME ACCOUNT
     PROFUND VP
BIOTECHNOLOGY
     PUTNAM VT
GLOBAL ASSET
ALLOCATION FUND
       PUTNAM VT
RESEARCH FUND
     T. ROWE PRICE
EQUITY INCOME
PORTFOLIO
 

Income and Expenses:

                     

Investment Income:

                     

Dividends from the Portfolios

     $      $ 17      $      $ 2555        $ 308      $ 11753  

Expenses:

                     

Asset-based charges

       467        392        6,335        1,842          626        4,794  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net Investment Income (Loss)

       (467      (375      (6,335      713          (318      6,959  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

                     

Net realized gain (loss) on investments

       285        (118      (44,676      830          430        (11,046

Net realized gain distribution from the Portfolios

              42        75,612                        49,290  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net realized gain (loss)

       285        (76      30,936        830          430        38,244  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       22,082        14,785        27,150        21,962          15,243        40,881  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       22,367        14,709        58,086        22,792          15,673        79,125  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 21,900      $ 14,334      $ 51,751      $ 23,505        $ 15,355      $ 86,084  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-65


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF OPERATIONS (Concluded)

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2023

 

       TEMPLETON
DEVELOPING
MARKETS VIP FUND
     TEMPLETON
GLOBAL BOND VIP
FUND
 

Income and Expenses:

       

Investment Income:

       

Dividends from the Portfolios

     $ 3711      $  

Expenses:

       

Asset-based charges

       2,648        4,390  
    

 

 

    

 

 

 

Net Investment Income (Loss)

       1,063        (4,390
    

 

 

    

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments:

       

Net realized gain (loss) on investments

       (3,231      (3,484

Net realized gain distribution from the Portfolios

       135         
    

 

 

    

 

 

 

Net realized gain (loss)

       (3,096      (3,484
    

 

 

    

 

 

 

Net change in unrealized appreciation (depreciation) of investments

       21,880        23,303  
    

 

 

    

 

 

 

Net Realized and Unrealized Gain (Loss) on Investments

       18,784        19,819  
    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     $ 19,847      $ 15,429  
    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-66


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       1290 VT
CONVERTIBLE
SECURITIES*(a)
     1290 VT DOUBLELINE OPPORTUNISTIC
BOND*
     1290 VT EQUITY
INCOME*
 
       2023      2023      2022      2023      2022  

Increase (Decrease) in Net Assets

                

From Operations:

                

Net investment income (loss)

     $ 5,536      $ 12,601      $ 17,934      $ 16,163      $ 1,582  

Net realized gain (loss)

       936        (104,809      (19,503      68,870        8,805  

Net change in unrealized appreciation (depreciation) of investments

       14,919        45,904        (53,286      (8,203      (4,276
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       21,391        (46,304      (54,855      76,830        6,111  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                

Payments received from contractowners

       195,921        2,781,843        910,990        1,131,297        106,070  

Transfers between Variable Investment Options including guaranteed interest account, net

       112,926        (2,775,641      (11,747      (73,786      5,857  

Redemptions for contract benefits and terminations

       (18,358      (50,759             (8,956      (1,110

Contract maintenance charges

              (25      (7      (66      (20
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       290,489        (44,582      899,236        1,048,489        110,797  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       11        177        25        14         
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       311,891        (90,709      844,406        1,125,333        116,908  

Net Assets — Beginning of Year or Period

              1,093,018        248,612        163,452        46,544  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 311,891      $ 1,002,309      $ 1,093,018      $ 1,288,785      $ 163,452  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(a)   Units were made available on November 14, 2022, however, it had no outstanding units as of December 31, 2022.

 

FSA-67


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       1290 VT GAMCO MERGERS &
ACQUISITIONS*
     1290 VT GAMCO SMALL COMPANY
VALUE*
    1290 VT HIGH YIELD BOND*  
       2023      2022      2023      2022     2023     2022  

Increase (Decrease) in Net Assets

                 

From Operations:

                 

Net investment income (loss)

     $ 7,674      $ (1,438    $ (12,692    $ (12,367   $ 92,344     $ 24,357  

Net realized gain (loss)

       18,073        4,311        440,334        102,052       (1,231     (10,089

Net change in unrealized appreciation (depreciation) of investments

       18,173        (12,812      459,726        (274,132     44,798       (54,808
    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       43,920        (9,939      887,368        (184,447     135,911       (40,540
    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

From Contractowners Transactions:

                 

Payments received from contractowners

       177,714        24,824        3,852,513        767,744       1,101,680       217,198  

Transfers between Variable Investment Options including guaranteed interest account, net

       327,369        53,822        642,742        346,753       208,498       121,029  

Redemptions for contract benefits and terminations

       (1,285      (12,587      (131,225      (48,459     (48,578     (5,438

Contract maintenance charges

       (56      (16      (471      (248     (46     (41
    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       503,742        66,043        4,363,559        1,065,790       1,261,554       332,748  
    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       17                      (55     50       10  
    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       547,679        56,104        5,250,927        881,288       1,397,515       292,218  

Net Assets — Beginning of Year or Period

       180,639        124,535        2,430,378        1,549,090       553,869       261,651  
    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 728,318      $ 180,639      $ 7,681,305      $ 2,430,378     $ 1,951,384     $ 553,869  
    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-68


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       1290 VT MICRO CAP*      1290 VT MODERATE
GROWTH ALLOCATION*(b)
     1290 VT MULTI-ALTERNATIVE
STRATEGIES*(c)
 
       2023      2022      2023      2022      2023      2022  

Increase (Decrease) in Net Assets

                   

From Operations:

                   

Net investment income (loss)

     $ (1,520    $ (1,958    $ 332,609      $ 130,862      $ 1,427      $  

Net realized gain (loss)

       (11,568      1,836        (145,251      27,800        5,590         

Net change in unrealized appreciation (depreciation) of investments

       36,090        (52,627      5,169,252        (2,385,781      (459      (10
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       23,002        (52,749      5,356,610        (2,227,119      6,558        (10
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                   

Payments received from contractowners

       263,233        40,493        27,054,229        11,725,222        436,712        5,950  

Transfers between Variable Investment Options including guaranteed interest account, net

       79,263        16,067        2,986,002        3,615,358        (339,384       

Redemptions for contract benefits and terminations

       (3,342      (266      (1,231,804      (346,835              

Contract maintenance charges

       (41      (36      (414,146      (156,560              
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       339,113        56,258        28,394,281        14,837,185        97,328        5,950  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       11        11        1,330        1,473                
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       362,126        3,520        33,752,221        12,611,539        103,886        5,940  

Net Assets — Beginning of Year or Period

       187,336        183,816        22,851,314        10,239,775        5,940         
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 549,462      $ 187,336      $ 56,603,535      $ 22,851,314      $ 109,826      $ 5,940  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(b)   1290 VT Moderate Growth Allocation replaced EQ/AXA Investment Managers Moderate Allocation due to a merger on November 4, 2022.
(c)   Units were made available on November 14, 2022.

 

FSA-69


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       1290 VT NATURAL RESOURCES*      1290 VT REAL ESTATE*      1290 VT SMALL CAP VALUE*  
       2023      2022      2023      2022      2023      2022  

Increase (Decrease) in Net Assets

                   

From Operations:

                   

Net investment income (loss)

     $ 31,692      $ 14,330      $ 17,093      $ (2,947    $ 3,381      $ (3,818

Net realized gain (loss)

       1,514        5,151        (68,138      (26,696      107,114        31,873  

Net change in unrealized appreciation (depreciation) of investments

       (34,628      37,263        122,358        (50,163      4,472        (20,384
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       (1,422      56,744        71,313        (79,806      114,967        7,671  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                   

Payments received from contractowners

       1,253,430        322,880        511,324        84,734        1,029,894        700,484  

Transfers between Variable Investment Options including guaranteed interest account, net

       (600,969      193,393        62,353        90,095        (190,958      (3,055

Redemptions for contract benefits and terminations

       (17,525      (3,900      (27,168      (20,721      (17,804      (1,931

Contract maintenance charges

       (99      (19      (30      (9      (117      (71
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       634,837        512,354        546,479        154,099        821,015        695,427  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       (55      50        23               61         

Net Increase (Decrease) in Net Assets

       633,360        569,148        617,815        74,293        936,043        703,098  

Net Assets — Beginning of Year or Period

       667,347        98,199        303,814        229,521        1,051,857        348,759  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 1,300,707      $ 667,347      $ 921,629      $ 303,814      $ 1,987,900      $ 1,051,857  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-70


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       1290 VT SMARTBETA
EQUITY ESG*
     1290 VT SOCIALLY
RESPONSIBLE*(c)
     AB VPS
DISCOVERY
VALUE
PORTFOLIO**(a)
 
       2023      2022      2023      2022      2023  

Increase (Decrease) in Net Assets

                

From Operations:

                

Net investment income (loss)

     $ 3,285      $ 2,090      $ 1,539      $      $ (108

Net realized gain (loss)

       (28,201      (658      17,985               17,868  

Net change in unrealized appreciation (depreciation) of investments

       168,919        (68,659      49,143        (6      13,150  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       144,003        (67,227      68,667        (6      30,910  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                

Payments received from contractowners

       305,095        656,055        589,704               131,646  

Transfers between Variable Investment Options including guaranteed interest account, net

       (138,024      2,724        (407      515        132,404  

Redemptions for contract benefits and terminations

       (6,420      (2,673      (25,942             (2,690

Contract maintenance charges

       (48      (14      (2              
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       160,603        656,092        563,353        515        261,360  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       8        23        19               9  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       304,614        588,888        632,039        509        292,279  

Net Assets — Beginning of Year or Period

       920,823        331,935        509                
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 1,225,437      $ 920,823      $ 632,548      $ 509      $ 292,279  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
**   Denotes Variable Investment Options that invest in shares of a Portfolio of AB Variable Product Series Fund, Inc, an affiliate of Equitable America.
(a)   Units were made available on November 14, 2022, however, it had no outstanding units as of December 31, 2022.
(c)   Units were made available on November 14, 2022.

 

FSA-71


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       AB VPS RELATIVE VALUE
PORTFOLIO**(c)
     AB VPS SUSTAINABLE
GLOBAL
THEMATIC PORTFOLIO**(c)
     AMERICAN CENTURY VP
INFLATION
PROTECTION FUND(c)
 
       2023        2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                    

From Operations:

                    

Net investment income (loss)

     $ 1,114        $ (1    $ (2,289    $ (51    $ 9,603     $ (12

Net realized gain (loss)

       24,296                 17,248               (299      

Net change in unrealized appreciation (depreciation) of investments

       (4,982        33        25,624        (557      510       (6
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       20,428          32        40,583        (608      9,814       (18
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                    

Payments received from contractowners

       304,697          3,262        200,584        123,102        506,718       10,674  

Transfers between Variable Investment Options including guaranteed interest account, net

       14,808                 (237             68,620        

Redemptions for contract benefits and terminations

       (11,986               (3,349             (4,402      

Contract maintenance charges

       (10                             (3      
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       307,509          3,262        196,998        123,102        570,933       10,674  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       9                 7        5        18        
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       327,946          3,294        237,588        122,499        580,765       10,656  

Net Assets — Beginning of Year or Period

       3,294                 122,499               10,656        
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 331,240        $ 3,294      $ 360,087      $ 122,499      $ 591,421     $ 10,656  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

**   Denotes Variable Investment Options that invest in shares of a Portfolio of AB Variable Product Series Fund, Inc, an affiliate of Equitable America.
(c)   Units were made available on November 14, 2022.

 

FSA-72


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       AMERICAN FUNDS
INSURANCE  SERIES® ASSET
ALLOCATION FUND(c)
       AMERICAN FUNDS
INSURANCE  SERIES®
GLOBAL GROWTH FUND(c)
       AMERICAN FUNDS
INSURANCE  SERIES®
GLOBAL SMALL
CAPITALIZATION FUND
 
       2023        2022        2023        2022        2023      2022  

Increase (Decrease) in Net Assets

                           

From Operations:

                           

Net investment income (loss)

     $ 54,144        $ 64        $ 1,116        $ 3        $ (3,259    $ (1,346

Net realized gain (loss)

       55,101          (1        36,809                   (5,344      31,796  

Net change in unrealized appreciation (depreciation) of investments

       233,221          178          75,438          (133        53,077        (63,535
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       342,466          241          113,363          (130        44,474        (33,085
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

From Contractowners Transactions:

                           

Payments received from contractowners

       4,235,462          121,794          969,242          5,758          231,633        95,313  

Transfers between Variable Investment Options including guaranteed interest account, net

       (136,573        20,482          350,538                   78,340        (973

Redemptions for contract benefits and terminations

       (63,339                 (19,875                 (4,493      (648

Contract maintenance charges

       (50        4          (3        1          (14      (9
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       4,035,500          142,280          1,299,902          5,759          305,466        93,683  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       111                   43                   9         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       4,378,077          142,521          1,413,308          5,629          349,949        60,598  

Net Assets — Beginning of Year or Period

       142,521                   5,629                   148,629        88,031  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 4,520,598        $ 142,521        $ 1,418,937        $ 5,629        $ 498,578      $ 148,629  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(c)   Units were made available on November 14, 2022.

 

FSA-73


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       AMERICAN FUNDS
INSURANCE  SERIES® GROWTH-
INCOME FUND(c)
     AMERICAN FUNDS INSURANCE  SERIES®
INTERNATIONAL GROWTH AND INCOME

FUND(c)
     AMERICAN FUNDS INSURANCE  SERIES®
NEW WORLD FUND®
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 7,228      $ (41    $ 10,216      $ (22    $ 9,960     $ (21

Net realized gain (loss)

       47,181               1,890               (43,414     18,386  

Net change in unrealized appreciation (depreciation) of investments

       168,927        (952      40,093        614        218,464       (85,086
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       223,336        (993      52,199        592        185,010       (66,721
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       1,551,411        86,241        591,367        104,536        1,393,466       415,898  

Transfers between Variable Investment Options including guaranteed interest account, net

       213,165               136,612               96,229       45,981  

Redemptions for contract benefits and terminations

       (47,196             (19,473             (30,764     (12,640

Contract maintenance charges

       (153      3        (5             (35     (21
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       1,717,227        86,244        708,501        104,536        1,458,896       449,218  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       54               21        5        50       (5
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       1,940,617        85,251        760,721        105,133        1,643,956       382,492  

Net Assets — Beginning of Year or Period

       85,251               105,133               617,397       234,905  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 2,025,868      $ 85,251      $ 865,854      $ 105,133      $ 2,261,353     $ 617,397  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(c)   Units were made available on November 14, 2022.

 

FSA-74


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       AMERICAN FUNDS INSURANCE
SERIES® THE BOND FUND OF
AMERICA®
     BLACKROCK GLOBAL ALLOCATION
V.I. FUND
     BLACKROCK LARGE CAP FOCUS
GROWTH V.I. FUND
 
       2023        2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                    

From Operations:

                    

Net investment income (loss)

     $ 22,808        $ 13,785      $ 39,518      $ (7,347    $ (18,742   $ (12,448

Net realized gain (loss)

       (55,630        (1,896      10,678        (67,877      (41,038     28,205  

Net change in unrealized appreciation (depreciation) of investments

       68,347          (93,869      180,389        (6,619      595,103       (492,332
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       35,525          (81,980      230,585        (81,843      535,323       (476,575
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                    

Payments received from contractowners

       533,046          453,791        2,235,486        962,608        583,690       210,190  

Transfers between Variable Investment Options including guaranteed interest account, net

       (115,969        (11,774      (311,492      (214,212      240,487       150,068  

Redemptions for contract benefits and terminations

       (24,637        (26,414      (405,188      (12,511      (142,464     (59,128

Contract maintenance charges

       (59        (33      (42      (24      (198     (100
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       392,381          415,570        1,518,764        735,861        681,515       301,030  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       13          16        44        25        45        
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       427,919          333,606        1,749,393        654,043        1,216,883       (175,545

Net Assets — Beginning of Year or Period

       819,146          485,540        851,730        197,687        892,275       1,067,820  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 1,247,065        $ 819,146      $ 2,601,123      $ 851,730      $ 2,109,158     $ 892,275  
    

 

 

      

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-75


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       CLEARBRIDGE VARIABLE
APPRECIATION PORTFOLIO
     CLEARBRIDGE VARIABLE MID CAP
PORTFOLIO
       DELAWARE IVY VIP HIGH INCOME  
       2023      2022      2023        2022        2023      2022  

Increase (Decrease) in Net Assets

                       

From Operations:

                       

Net investment income (loss)

     $ 2,931      $ 19      $ (3,345      $ (2,093      $ 97,212      $ 54,600  

Net realized gain (loss)

       36,453        386        (39,139        1,809          (68,366      (15,334

Net change in unrealized appreciation (depreciation) of investments

       55,827        (560      86,230          (54,379        171,916        (167,794
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       95,211        (155      43,746          (54,663        200,762        (128,528
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

From Contractowners Transactions:

                       

Payments received from contractowners

       1,476,843        11,986        267,281          22,957          549,036        650,783  

Transfers between Variable Investment Options including guaranteed interest account, net

       149,530        151        89,715          (19,763        153,388        125,818  

Redemptions for contract benefits and terminations

       (488      (2,102      (2,779                 (38,696      (37,470

Contract maintenance charges

       (13      (9      (17        (8        (178      (117
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       1,625,872        10,026        354,200          3,186          663,550        739,014  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       8        6        (7                 11        28  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       1,721,091        9,877        397,939          (51,477        864,323        610,514  

Net Assets — Beginning of Year or Period

       11,746        1,869        171,819          223,296          1,599,518        989,004  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 1,732,837      $ 11,746      $ 569,758        $ 171,819        $ 2,463,841      $ 1,599,518  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-76


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       DELAWARE VIP EMERGING
MARKETS SERIES(c)
     EATON VANCE VT FLOATING-
RATE INCOME FUND
     EQ/500
MANAGED
VOLATILITY*(a)
 
       2023      2022      2023      2022      2023  

Increase (Decrease) in Net Assets

                

From Operations:

                

Net investment income (loss)

     $ (314    $ (10    $ 136,494      $ 7,298      $ 3,086  

Net realized gain (loss)

       343               2,730        (6,662      25,700  

Net change in unrealized appreciation (depreciation) of investments

       19,507        (296      45,601        (8,168      15,277  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       19,536        (306      184,825        (7,532      44,063  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                

Payments received from contractowners

       187,726        19,268        2,910,955        591,158        798,260  

Transfers between Variable Investment Options including guaranteed interest account, net

       46,907               1,111,895        (122,787      112,986  

Redemptions for contract benefits and terminations

       (8,645             (277,535      (4,450      (2,265

Contract maintenance charges

                     (20      (6       
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       225,988        19,268        3,745,295        463,915        908,981  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       7               729               31  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       245,531        18,962        3,930,849        456,383        953,075  

Net Assets — Beginning of Year or Period

       18,962               508,581        52,198         
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 264,493      $ 18,962      $ 4,439,430      $ 508,581      $ 953,075  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(a)   Units were made available on November 14, 2022, however, it had no outstanding units as of December 31, 2022.
(c)   Units were made available on November 14, 2022.

 

FSA-77


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/AB DYNAMIC
AGGRESSIVE GROWTH*
     EQ/AB DYNAMIC
GROWTH*
     EQ/AB DYNAMIC
MODERATE GROWTH*
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 221,015      $ (234,591    $ 26,957      $ (243,443    $ 75,587     $ (83,606

Net realized gain (loss)

       (687,729      (74,153      (360,635      1,843,044        (132,813     477,851  

Net change in unrealized appreciation (depreciation) of investments

       11,279,687        (2,355,966      7,428,303        (4,155,366      5,187,938       (3,114,130
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       10,812,973        (2,664,710      7,094,625        (2,555,765      5,130,712       (2,719,885
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       89,663,603        20,095,909        43,901,038        17,726,307        34,184,764       16,580,814  

Transfers between Variable Investment Options including guaranteed interest account, net

       7,691,495        1,721,175        5,933,468        3,787,153        3,633,815       2,295,115  

Redemptions for contract benefits and terminations

       (2,359,370      (922,637      (1,208,590      (278,484      (994,741     (677,588

Contract maintenance charges

       (529,039      (179,007      (544,277      (190,474      (461,148     (195,698
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       94,466,689        20,715,440        48,081,639        21,044,502        36,362,690       18,002,643  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       3,763        688        1,569        3,570        1,505       4,233  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       105,283,425        18,051,418        55,177,833        18,492,307        41,494,907       15,286,991  

Net Assets — Beginning of Year or Period

       30,080,575        12,029,157        30,406,875        11,914,568        27,263,407       11,976,416  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 135,364,000      $ 30,080,575      $ 85,584,708      $ 30,406,875      $ 68,758,314     $ 27,263,407  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-78


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/AB SHORT DURATION
GOVERNMENT BOND*(c)
     EQ/AB SMALL CAP GROWTH*      EQ/AB
SUSTAINABLE
U.S. THEMATIC*(a)
 
       2023      2022      2023      2022      2023  

Increase (Decrease) in Net Assets

                

From Operations:

                

Net investment income (loss)

     $ 21,507      $ (123    $ (20,047    $ (11,200    $ (176

Net realized gain (loss)

       7,773        29        (67,653      (16,977      25  

Net change in unrealized appreciation (depreciation) of investments

       4,840        326        473,562        (287,814      6,949  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       34,120        232        385,862        (315,991      6,798  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                

Payments received from contractowners

       1,430,656        223,488        1,668,284        755,966        61,554  

Transfers between Variable Investment Options including guaranteed interest account, net

       (181,817      209,508        251,907        128,684        22,285  

Redemptions for contract benefits and terminations

       (122,291      (49,662      (48,215      (22,961       

Contract maintenance charges

                     (477      (290       
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       1,126,548        383,334        1,871,499        861,399        83,839  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       31        15        1,008        (791       
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       1,160,699        383,581        2,258,369        544,617        90,637  

Net Assets — Beginning of Year or Period

       383,581               1,419,570        874,953         
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 1,544,280      $ 383,581      $ 3,677,939      $ 1,419,570      $ 90,637  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(a)   Units were made available on November 14, 2022, however, it had no outstanding units as of December 31, 2022.
(c)   Units were made available on November 14, 2022.

 

FSA-79


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/AGGRESSIVE ALLOCATION*(c)     EQ/AGGRESSIVE GROWTH
STRATEGY*
    EQ/ALL ASSET GROWTH
ALLOCATION*
 
       2023     2022     2023      2022     2023     2022  

Increase (Decrease) in Net Assets

               

From Operations:

               

Net investment income (loss)

     $ 7,974     $ 965     $ 1,626,486      $ 81,170     $ 12,734     $ 675  

Net realized gain (loss)

       30,438       1,971       4,992,258        7,951,026       (3,355     11,026  

Net change in unrealized appreciation (depreciation) of investments

       63,002       (5,412     31,239,377        (21,479,109     61,177       (34,312
    

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       101,414       (2,476     37,858,121        (13,446,913     70,556       (22,611
    

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

From Contractowners Transactions:

               

Payments received from contractowners

       928,628       112,870       201,318,752        86,614,297       639,918       65,148  

Transfers between Variable Investment Options including guaranteed interest account, net

       1,586             21,249,961        11,832,455       104,970       26,528  

Redemptions for contract benefits and terminations

       (48,208           (7,123,443      (895,265     (19,372     (1,283

Contract maintenance charges

       (216           (2,229,367      (719,208     (14     (12
    

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       881,790       112,870       213,215,903        96,832,279       725,502       90,381  
    

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       40       5       11,956        4,737       29        
    

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       983,244       110,399       251,085,980        83,390,103       796,087       67,770  

Net Assets — Beginning of Year or Period

       110,399             130,414,291        47,024,188       188,965       121,195  
    

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 1,093,643     $ 110,399     $ 381,500,271      $ 130,414,291     $ 985,052     $ 188,965  
    

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(c)   Units were made available on November 14, 2022.

 

FSA-80


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

     EQ/AMERICAN CENTURY MID CAP
VALUE*
    EQ/AMERICAN CENTURY
MODERATE GROWTH ALLOCATION*
     EQ/BALANCED STRATEGY*  
     2023     2022     2023     2022      2023     2022  

Increase (Decrease) in Net Assets

             

From Operations:

             

Net investment income (loss)

   $ 25,899     $ 15,145     $ 221,949     $ 48,169      $ 1,041,969     $ 121,243  

Net realized gain (loss)

     80,077       67,689       (147,078     113,155        878,758       2,055,998  

Net change in unrealized appreciation (depreciation) of investments

     35,814       (82,200     3,064,110       (1,548,279      12,202,397       (7,721,248
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

     141,790       634       3,138,981       (1,386,955      14,123,124       (5,544,007
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

             

Payments received from contractowners

     2,140,305       933,284       19,110,188       5,205,575        79,309,983       41,648,886  

Transfers between Variable Investment Options including guaranteed interest account, net

     51,905       111,124       3,279,263       1,306,505        23,221,456       7,165,098  

Redemptions for contract benefits and terminations

     (31,350     (3,511     (1,240,028     (271,102      (3,189,683     (1,015,390

Contract maintenance charges

     (163     (68     (196,134     (97,911      (1,135,570     (356,418
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

     2,160,697       1,040,829       20,953,289       6,143,067        98,206,186       47,442,176  
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

     8       8       1,044       594        (3,143     7,377  
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     2,302,495       1,041,471       24,093,314       4,756,706        112,326,167       41,905,546  

Net Assets — Beginning of Year or Period

     1,247,213       205,742       10,892,837       6,136,131        65,351,777       23,446,231  
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

   $ 3,549,708     $ 1,247,213     $ 34,986,151     $ 10,892,837      $ 177,677,944     $ 65,351,777  
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-81


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/CLEARBRIDGE LARGE CAP
GROWTH ESG*
    EQ/CLEARBRIDGE SELECT
EQUITY MANAGED VOLATILITY*
    EQ/COMMON STOCK INDEX*(d)  
       2023      2022     2023      2022     2023     2022  

Increase (Decrease) in Net Assets

                

From Operations:

                

Net investment income (loss)

     $ (7,096    $ (1,303   $ (3,938    $ (2,077   $ 11,711     $ (7,560

Net realized gain (loss)

       41,197        11,336       (19,239      (5,060     222,450       119,436  

Net change in unrealized appreciation (depreciation) of investments

       184,381        (45,767     204,991        (76,226     817,623       (598,199
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       218,482        (35,734     181,814        (83,363     1,051,784       (486,323
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

From Contractowners Transactions:

                

Payments received from contractowners

       1,158,200        51,710       500,343        399,725       2,934,892       625,760  

Transfers between Variable Investment Options including guaranteed interest account, net

       252,464        16,434       94,263        33,878       819,003       571,337  

Redemptions for contract benefits and terminations

       (10,063            (42,366      (14,083     (242,409     (35,813

Contract maintenance charges

       (54      (26     (30      (17     (1,235     (699
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       1,400,547        68,118       552,210        419,503       3,510,251       1,160,585  
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       61              26        20       (416     113  
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       1,619,090        32,384       734,050        336,160       4,561,619       674,375  

Net Assets — Beginning of Year or Period

       102,767        70,383       562,747        226,587       2,575,283       1,900,908  
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 1,721,857      $ 102,767     $ 1,296,797      $ 562,747     $ 7,136,902     $ 2,575,283  
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(d)   EQ/Common Stock Index replaced 1290 VT Low Volatility Global Equity due to a merger on November 11, 2022.

 

FSA-82


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

    EQ/CONSERVATIVE ALLOCATION*(c)     EQ/CONSERVATIVE GROWTH
STRATEGY*
    EQ/CONSERVATIVE STRATEGY*  
    2023     2022     2023      2022     2023     2022  

Increase (Decrease) in Net Assets

            

From Operations:

            

Net investment income (loss)

  $ 27,183     $ 754     $ 463,662      $ 59,824     $ 302,809     $ 45,764  

Net realized gain (loss)

    14,333       (49     274,179        1,255,602       (450,545     49,284  

Net change in unrealized appreciation (depreciation) of investments

    23,690       (1,531     4,821,100        (4,101,683     2,311,045       (954,669
 

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

    65,206       (826     5,558,941        (2,786,257     2,163,309       (859,621
 

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

From Contractowners Transactions:

            

Payments received from contractowners

    1,574,798       75,257       31,739,480        21,222,929       16,216,932       9,224,804  

Transfers between Variable Investment Options including guaranteed interest account, net

    29,256             7,534,845        3,816,786       9,600,811       3,040,060  

Redemptions for contract benefits and terminations

    (87,541     (22,449     (1,765,254      (990,645     (1,803,736     (459,821

Contract maintenance charges

          2       (549,336      (188,116     (264,862     (66,166
 

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

    1,516,513       52,810       36,959,735        23,860,954       23,749,145       11,738,877  
 

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

    54             2,089        929       (6,690     373  
 

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

    1,581,773       51,984       42,520,765        21,075,626       25,905,764       10,879,629  

Net Assets — Beginning of Year or Period

    51,984             33,277,322        12,201,696       14,533,514       3,653,885  
 

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net Assets — End of Year or Period

  $ 1,633,757     $ 51,984     $ 75,798,087      $ 33,277,322     $ 40,439,278     $ 14,533,514  
 

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(c)   Units were made available on November 14, 2022.

 

FSA-83


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/CORE BOND INDEX*     EQ/CORE PLUS BOND*(e)(f)     EQ/EMERGING MARKETS EQUITY
PLUS*
 
       2023      2022     2023      2022     2023     2022  

Increase (Decrease) in Net Assets

                

From Operations:

                

Net investment income (loss)

     $ 84,282      $ 6,995     $ 38,630      $ 9,557     $ 14,812     $ 2,479  

Net realized gain (loss)

       (44,114      (17,766     (3,268      55       (12,294     11,360  

Net change in unrealized appreciation (depreciation) of investments

       119,493        (62,969     41,401        (67     48,524       (56,385
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       159,661        (73,740     76,763        9,545       51,042       (42,546
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

From Contractowners Transactions:

                

Payments received from contractowners

       4,957,016        704,147       2,067,770        30,709       734,442       72,955  

Transfers between Variable Investment Options including guaranteed interest account, net

       116,473        56,140       106,050        375,496       60,416       37,766  

Redemptions for contract benefits and terminations

       (159,811      (31,716     (59,533      (7,456     (19,027      

Contract maintenance charges

       (165      (90     (36      (3     (29     (6
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       4,913,513        728,481       2,114,251        398,746       775,802       110,715  
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       144        24       80        16       31       28  
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       5,073,318        654,765       2,191,094        408,307       826,875       68,197  

Net Assets — Beginning of Year or Period

       1,218,817        564,052       408,307              240,116       171,919  
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 6,292,135      $ 1,218,817     $ 2,599,401      $ 408,307     $ 1,066,991     $ 240,116  
    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(e)   EQ/Core Plus Bond replaced EQ/Franklin Strategic Income due to a merger on November 11, 2022.
(f)   Units were made available on November 11, 2022.

 

FSA-84


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/EQUITY 500 INDEX*      EQ/FIDELITY INSTITUTIONAL  AM®
LARGE CAP*
     EQ/FRANKLIN MODERATE
ALLOCATION*
 
       2023      2022      2023      2022      2023      2022  

Increase (Decrease) in Net Assets

                   

From Operations:

                   

Net investment income (loss)

     $ 90,891      $ 6,136      $ (8,180    $ (3,185    $ 256,509      $ 15,893  

Net realized gain (loss)

       387,436        91,044        61,538        29,102        (117,589      (140,068

Net change in unrealized appreciation (depreciation) of investments

       3,405,361        (1,262,117      404,259        (122,186      2,266,588        (445,120
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       3,883,688        (1,164,937      457,617        (96,269      2,405,508        (569,295
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                   

Payments received from contractowners

       19,097,815        3,329,520        2,970,754        335,441        24,463,057        6,010,578  

Transfers between Variable Investment Options including guaranteed interest account, net

       133,361        1,048,141        334,040        (3,520      4,359,243        656,787  

Redemptions for contract benefits and terminations

       (511,434      (121,266      (18,691      (462      (849,881      (259,053

Contract maintenance charges

       (1,963      (945      (307      (191      (152,369      (36,365
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       18,717,779        4,255,450        3,285,796        331,268        27,820,050        6,371,947  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       398        414        112        7        982        531  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       22,601,865        3,090,927        3,743,525        235,006        30,226,540        5,803,183  

Net Assets — Beginning of Year or Period

       7,832,066        4,741,139        545,768        310,762        8,328,721        2,525,538  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 30,433,931      $ 7,832,066      $ 4,289,293      $ 545,768      $ 38,555,261      $ 8,328,721  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-85


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

     EQ/FRANKLIN RISING DIVIDENDS*      EQ/GOLDMAN SACHS GROWTH
ALLOCATION*
     EQ/GOLDMAN SACHS MID CAP
VALUE*
 
     2023      2022      2023      2022      2023      2022  

Increase (Decrease) in Net Assets

                 

From Operations:

                 

Net investment income (loss)

   $ 15,873      $ 338      $ 1,394,093      $ (16,291    $ (2,950    $ (2,055

Net realized gain (loss)

     16,249        11,457        (185,279      (105,476      13,651        58,278  

Net change in unrealized appreciation (depreciation) of investments

     330,614        (53,213      9,432,315        (2,512,983      97,316        (98,002
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

     362,736        (41,418      10,641,129        (2,634,750      108,017        (41,779
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                 

Payments received from contractowners

     3,884,348        609,139        65,517,400        21,330,970        512,102        248,041  

Transfers between Variable Investment Options including guaranteed interest account, net

     1,205,041        387,433        16,618,183        3,824,969        33,151        123,374  

Redemptions for contract benefits and terminations

     (185,383      (10,492      (2,023,762      (645,213      (4,128      (1,483

Contract maintenance charges

     (240      (96      (594,326      (174,700      (153      (73
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

     4,903,766        985,984        79,517,495        24,336,026        540,972        369,859  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

     151        34        2,558        1,189        22        103  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

     5,266,653        944,600        90,161,182        21,702,465        649,011        328,183  

Net Assets — Beginning of Year or Period

     1,242,543        297,943        32,412,990        10,710,525        571,770        243,587  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

   $ 6,509,196      $ 1,242,543      $ 122,574,172      $ 32,412,990      $ 1,220,781      $ 571,770  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-86


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/GOLDMAN SACHS MODERATE
GROWTH ALLOCATION*
     EQ/GROWTH STRATEGY*      EQ/INTERMEDIATE
CORPORATE
BOND*(g)
 
       2023      2022      2023      2022      2023  

Increase (Decrease) in Net Assets

                

From Operations:

                

Net investment income (loss)

     $ 1,288,146      $ (59,897    $ 1,105,930      $ (12,729    $ 390  

Net realized gain (loss)

       (151,873      (268,277      3,716,057        5,815,773        1  

Net change in unrealized appreciation (depreciation) of investments

       5,599,585        (1,979,709      19,301,977        (17,922,358      1,820  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       6,735,858        (2,307,883      24,123,964        (12,119,314      2,211  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                

Payments received from contractowners

       55,648,661        17,248,475        118,488,675        54,525,455         

Transfers between Variable Investment Options including guaranteed interest account, net

       8,080,484        1,467,471        14,571,815        5,261,988        49,562  

Redemptions for contract benefits and terminations

       (1,336,714      (694,237      (3,706,542      (2,047,997       

Contract maintenance charges

       (436,561      (147,272      (1,614,545      (712,401       
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       61,955,870        17,874,437        127,739,403        57,027,045        49,562  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       2,361        10,025        6,727        8,247         
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       68,694,089        15,576,579        151,870,094        44,915,978        51,773  

Net Assets — Beginning of Year or Period

       24,971,815        9,395,236        94,922,372        50,006,394         
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 93,665,904      $ 24,971,815      $ 246,792,466      $ 94,922,372      $ 51,773  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(g)   Units were made available on November 13, 2023.

 

FSA-87


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/INTERMEDIATE GOVERNMENT
BOND*
     EQ/INTERNATIONAL CORE
MANAGED VOLATILITY*
     EQ/INTERNATIONAL
EQUITY INDEX*
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 61,628      $ (52    $ 1,652      $ 508      $ 66,641     $ 12,936  

Net realized gain (loss)

       756        (10,021      (9,648      218        (5,181     (10,089

Net change in unrealized appreciation (depreciation) of investments

       (3,330      982        38,499        (12,811      281,014       (103,520
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       59,054        (9,091      30,503        (12,085      342,474       (100,673
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       701,373        82,679        54,923        28,562        2,142,700       313,008  

Transfers between Variable Investment Options including guaranteed interest account, net

       1,825,819        4,456        32,231        55,096        124,640       41,220  

Redemptions for contract benefits and terminations

       (28,633      (2,837      (6,962      (658      (25,754     (15,786

Contract maintenance charges

       (32      (18      (20      (3      (134     (74
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       2,498,527        84,280        80,172        82,997        2,241,452       338,368  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       77                             105       (14
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       2,557,658        75,189        110,675        70,912        2,584,031       237,681  

Net Assets — Beginning of Year or Period

       154,637        79,448        163,369        92,457        973,889       736,208  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 2,712,295      $ 154,637      $ 274,044      $ 163,369      $ 3,557,920     $ 973,889  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-88


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/INVESCO COMSTOCK*      EQ/INVESCO GLOBAL*      EQ/INVESCO GLOBAL
REAL ASSETS*
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 8,901      $ 3,169      $ (17,415    $ (7,378    $ 5,883     $ 1,446  

Net realized gain (loss)

       79,838        42,351        3,394        15,967        7,958       10,231  

Net change in unrealized appreciation (depreciation) of investments

       10,521        (44,139      405,054        (197,366      26,829       (38,865
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       99,260        1,381        391,033        (188,777      40,670       (27,188
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       760,247        273,947        1,179,400        384,167        184,066       77,906  

Transfers between Variable Investment Options including guaranteed interest account, net

       29,987        67,989        203,692        109,468        8,690        

Redemptions for contract benefits and terminations

       (19,591      (28,640      (30,141      (6,459      (2,658     (319

Contract maintenance charges

       (58      (11      (78      (58      (18     (10
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       770,585        313,285        1,352,873        487,118        190,080       77,577  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

              (6      51        144              (9
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       869,845        314,660        1,743,957        298,485        230,750       50,380  

Net Assets — Beginning of Year or Period

       489,169        174,509        801,667        503,182        293,377       242,997  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 1,359,014      $ 489,169      $ 2,545,624      $ 801,667      $ 524,127     $ 293,377  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-89


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/INVESCO MODERATE
ALLOCATION*
     EQ/INVESCO MODERATE GROWTH
ALLOCATION*(h)
     EQ/JANUS
ENTERPRISE*
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 289,381      $ (69,805    $ 950,678      $ 48,010      $ (29,105   $ (12,763

Net realized gain (loss)

       (142,108      (78,259      (116,517      (83,744      197,007       55,072  

Net change in unrealized appreciation (depreciation) of investments

       2,622,769        (814,256      5,893,072        (680,582      231,666       (206,667
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       2,770,042        (962,320      6,727,233        (716,316      399,568       (164,358
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       23,309,130        7,866,769        28,836,095        9,725,711        2,151,064       800,328  

Transfers between Variable Investment Options including guaranteed interest account, net

       3,701,886        1,820,834        10,606,287        16,549,341        96,729       70,953  

Redemptions for contract benefits and terminations

       (885,664      (185,769      (1,473,961      (337,298      (28,141     (22,280

Contract maintenance charges

       (224,725      (83,325      (513,380      (92,339      (270     (157
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       25,900,627        9,418,509        37,455,041        25,845,415        2,219,382       848,844  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       1,019        499        1,480        3,503        32       (16
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       28,671,688        8,456,688        44,183,754        25,132,602        2,618,982       684,470  

Net Assets — Beginning of Year or Period

       13,707,806        5,251,118        29,153,783        4,021,181        1,520,090       835,620  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 42,379,494      $ 13,707,806      $ 73,337,537      $ 29,153,783      $ 4,139,072     $ 1,520,090  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(h)   EQ/Invesco Moderate Growth Allocation replaced EQ/First Trust Moderate Growth Allocation due to a merger on November 4, 2022.

 

FSA-90


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/JPMORGAN GROWTH
ALLOCATION*(i)
     EQ/JPMORGAN GROWTH STOCK*      EQ/JPMORGAN VALUE
OPPORTUNITIES*
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 1,902,365      $ (112,036    $ (66,309    $ (25,218    $ 59,178     $ 2,149  

Net realized gain (loss)

       (174,724      (14,448      1,106,195        16,209        415,578       154,571  

Net change in unrealized appreciation (depreciation) of investments

       8,654,538        (2,421,591      821,817        (863,194      327,778       (168,854
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       10,382,179        (2,548,075      1,861,703        (872,203      802,534       (12,134
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       80,767,670        22,462,786        5,109,394        1,572,495        5,625,212       1,812,591  

Transfers between Variable Investment Options including guaranteed interest account, net

       14,527,905        10,152,370        474,626        183,915        1,085,672       427,028  

Redemptions for contract benefits and terminations

       (2,649,648      (233,951      (165,572      (32,780      (114,238     (10,504

Contract maintenance charges

       (734,981      (190,128      (1,050      (542      (368     (231
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       91,910,946        32,191,077        5,417,398        1,723,088        6,596,278       2,228,884  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       3,119        2,657        182        40        230       417  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       102,296,244        29,645,659        7,279,283        850,925        7,399,042       2,217,167  

Net Assets — Beginning of Year or Period

       40,978,828        11,333,169        2,475,615        1,624,690        3,322,831       1,105,664  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 143,275,072      $ 40,978,828      $ 9,754,898      $ 2,475,615      $ 10,721,873     $ 3,322,831  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(i)   EQ/JPMorgan Growth Allocation replaced EQ/Franklin Growth Allocation due to a merger on November 4, 2022.

 

FSA-91


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/LARGE CAP GROWTH INDEX*      EQ/LARGE CAP VALUE
INDEX*
     EQ/LARGE CAP VALUE MANAGED
VOLATILITY*
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ (38,039    $ (10,420    $ 24,256      $ 7,814      $ 2,553     $ 1,560  

Net realized gain (loss)

       200,836        53,889        79,952        5,984        5,858       16,136  

Net change in unrealized appreciation (depreciation) of investments

       1,290,756        (408,350      159,728        (66,923      74,234       (69,372
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       1,453,553        (364,881      263,936        (53,125      82,645       (51,676
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       5,077,559        1,117,908        2,085,731        879,464        124,677       239,347  

Transfers between Variable Investment Options including guaranteed interest account, net

       234,051        351,928        128,766        (94,974      (12,591     105,008  

Redemptions for contract benefits and terminations

       (117,196      (44,262      (65,024      (14,115      (31,211     (12,850

Contract maintenance charges

       (401      (219      (218      (153      (80     (30
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       5,194,013        1,425,355        2,149,255        770,222        80,795       331,475  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       48        (16      69        (9            85  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       6,647,614        1,060,458        2,413,260        717,088        163,440       279,884  

Net Assets — Beginning of Year or Period

       1,878,411        817,953        1,231,567        514,479        649,533       369,649  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 8,526,025      $ 1,878,411      $ 3,644,827      $ 1,231,567      $ 812,973     $ 649,533  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America..

 

FSA-92


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/LAZARD EMERGING MARKETS
EQUITY*
     EQ/LOOMIS SAYLES GROWTH*      EQ/MFS INTERNATIONAL
GROWTH*(j)
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 23,781      $ 5,453      $ (25,726    $ (6,244    $ 17,803     $ (1,247

Net realized gain (loss)

       (8,303      (7,966      150,331        61,868        95,479       15,812  

Net change in unrealized appreciation (depreciation) of investments

       70,599        (18,857      497,117        (202,682      144,086       (105,364
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       86,077        (21,370      621,722        (147,058      257,368       (90,799
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       428,186        102,579        2,228,954        660,807        1,958,074       626,401  

Transfers between Variable Investment Options including guaranteed interest account, net

       110,374        (16,195      404,173        158,663        295,320       183,624  

Redemptions for contract benefits and terminations

       (10,860      (558      (34,434      (1,296      (43,840     (28,389

Contract maintenance charges

       (208      (100      (147      (91      (173     (96
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       527,492        85,726        2,598,546        818,083        2,209,381       781,540  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

                                   101       (8
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       613,569        64,356        3,220,268        671,025        2,466,850       690,733  

Net Assets — Beginning of Year or Period

       173,606        109,250        958,217        287,192        1,211,555       520,822  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 787,175      $ 173,606      $ 4,178,485      $ 958,217      $ 3,678,405     $ 1,211,555  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(j)   EQ/MFS International Growth replaced EQ/Invesco International Growth due to a merger on November 11, 2022.

 

FSA-93


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/MFS INTERNATIONAL INTRINSIC
VALUE*
     EQ/MFS MID CAP FOCUSED
GROWTH*
     EQ/MFS TECHNOLOGY*  
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 13,267      $ (8,403    $ (9,408    $ (6,204    $ (51,655   $ (22,044

Net realized gain (loss)

       20,420        21,129        6,399        (7,230      (94,652     31,587  

Net change in unrealized appreciation (depreciation) of investments

       291,139        (274,502      149,853        (133,363      1,871,108       (755,560
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       324,826        (261,776      146,844        (146,797      1,724,801       (746,017
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       1,916,228        581,738        316,211        250,049        3,472,385       920,326  

Transfers between Variable Investment Options including guaranteed interest account, net

       143,206        92,349        86,812        5,608        814,793       244,739  

Redemptions for contract benefits and terminations

       (31,904      (2,689      (16,187      (21,029      (79,746     (42,169

Contract maintenance charges

       (199      (109      (177      (115      (544     (278
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       2,027,331        671,289        386,659        234,513        4,206,888       1,122,618  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       70        5        20               127       72  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       2,352,227        409,518        533,523        87,716        5,931,816       376,673  

Net Assets — Beginning of Year or Period

       1,306,145        896,627        546,390        458,674        1,960,585       1,583,912  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 3,658,372      $ 1,306,145      $ 1,079,913      $ 546,390      $ 7,892,401     $ 1,960,585  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-94


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/MFS UTILITIES SERIES*      EQ/MID CAP INDEX*      EQ/MID CAP VALUE MANAGED
VOLATILITY*
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 20,140      $ 31,826      $ 8,573      $ (2,180    $ 788     $ (1,123

Net realized gain (loss)

       (2,146      21,161        140,682        76,898        15,837       6,623  

Net change in unrealized appreciation (depreciation) of investments

       (57,892      (51,314      355,466        (267,561      45,276       (76,334
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       (39,898      1,673        504,721        (192,843      61,901       (70,834
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       996,992        319,914        3,037,461        613,270        69,162       151,829  

Transfers between Variable Investment Options including guaranteed interest account, net

       (56,418      224,986        441,161        87,367        21,796       71,869  

Redemptions for contract benefits and terminations

       (18,491      (17,830      (109,442      (26,172      (25,734     (10,510

Contract maintenance charges

       (163      (12      (271      (144      (33     (18
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       921,920        527,058        3,368,909        674,321        65,191       213,170  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       10        52               (43            (12
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       882,032        528,783        3,873,630        481,435        127,092       142,324  

Net Assets — Beginning of Year or Period

       770,764        241,981        1,660,246        1,178,811        498,016       355,692  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 1,652,796      $ 770,764      $ 5,533,876      $ 1,660,246      $ 625,108     $ 498,016  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-95


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/MODERATE
ALLOCATION*
     EQ/MODERATE GROWTH
STRATEGY*
     EQ/MODERATE-PLUS
ALLOCATION*(c)
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 137,877      $ (95    $ 1,034,764      $ 21,976      $ 47,035     $ 3,776  

Net realized gain (loss)

       162,413        (8,746      3,186,245        4,395,547        143,189       4,673  

Net change in unrealized appreciation (depreciation) of investments

       356,149        (177,912      13,076,231        (12,665,267      198,434       (7,900
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       656,439        (186,753      17,297,240        (8,247,744      388,658       549  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       6,655,824        505,084        98,110,127        45,035,293        3,914,954       436,604  

Transfers between Variable Investment Options including guaranteed interest account, net

       2,831,013        (114,361      14,912,841        8,443,480        379,998        

Redemptions for contract benefits and terminations

       (182,378      (69,333      (3,810,339      (1,702,476      (122,048      

Contract maintenance charges

       (477      (209      (1,243,058      (450,838             
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       9,303,982        321,181        107,969,571        51,325,459        4,172,904       436,604  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       264        (32      6,740        8,592        184       14  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       9,960,685        134,396        125,273,551        43,086,307        4,561,746       437,167  

Net Assets — Beginning of Year or Period

       1,047,727        913,331        73,686,017        30,599,710        437,167        
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 11,008,412      $ 1,047,727      $ 198,959,568      $ 73,686,017      $ 4,998,913     $ 437,167  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(c)   Units were made available on November 14, 2022.

 

FSA-96


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/MONEY MARKET*      EQ/PIMCO GLOBAL REAL RETURN*      EQ/PIMCO REAL RETURN*  
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 7,941,487      $ 88,080      $ 2,799      $ 19,803      $ 3,556     $ 40,439  

Net realized gain (loss)

       (17      84        (18,820      (3,808      (59,313     (4,917

Net change in unrealized appreciation (depreciation) of investments

       17        (81      31,692        (47,689      88,487       (109,806
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       7,941,487        88,083        15,671        (31,694      32,730       (74,284
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       8,174,490,377        303,909,936        283,168        139,961        840,486       344,164  

Transfers between Variable Investment Options including guaranteed interest account, net

       (7,935,731,897      (257,128,002      18,840        (10,248      (86,583     153,550  

Redemptions for contract benefits and terminations

       (13,951,626      (41,838      (15,076      (1,572      (31,584     (28,508

Contract maintenance charges

       (38,597      (120      (42      (23      (86     (42
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       224,768,257        46,739,976        286,890        128,118        722,233       469,164  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       62,009        693        10        6        34       13  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       232,771,753        46,828,752        302,571        96,430        754,997       394,893  

Net Assets — Beginning of Year or Period

       47,197,921        369,169        206,065        109,635        787,726       392,833  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 279,969,674      $ 47,197,921      $ 508,636      $ 206,065      $ 1,542,723     $ 787,726  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-97


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

     EQ/PIMCO TOTAL RETURN ESG*      EQ/PIMCO ULTRA SHORT BOND*      EQ/SMALL COMPANY INDEX*  
     2023      2022      2023      2022      2023      2022  

Increase (Decrease) in Net Assets

                 

From Operations:

                 

Net investment income (loss)

   $ 51,988      $ 30,287      $ 116,080      $ 2,436      $ 10,167      $ (45

Net realized gain (loss)

     (50,579      (14,464      17,869        (145      47,213        14,845  

Net change in unrealized appreciation (depreciation) of investments

     117,479        (197,446      (32,821      (4,050      317,194        (172,630
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

     118,888        (181,623      101,128        (1,759      374,574        (157,830
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                 

Payments received from contractowners

     1,789,508        643,199        3,441,785        280,811        1,914,091        565,494  

Transfers between Variable Investment Options including guaranteed interest account, net

     (86,341      29,591        (295,691      259,030        151,348        157,383  

Redemptions for contract benefits and terminations

     (56,032      (28,970      (206,200      (61,326      (48,153      (12,938

Contract maintenance charges

     (106      (76      (43      (16      (195      (93
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

     1,647,029        643,744        2,939,851        478,499        2,017,091        709,846  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

     54        17        91        16        70        5  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

     1,765,971        462,138        3,041,070        476,756        2,391,735        552,021  

Net Assets — Beginning of Year or Period

     1,353,333        891,195        621,445        144,689        1,105,546        553,525  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

   $ 3,119,304      $ 1,353,333      $ 3,662,515      $ 621,445      $ 3,497,281      $ 1,105,546  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-98


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQ/T. ROWE PRICE HEALTH
SCIENCES*
     EQ/VALUE EQUITY*      EQ/WELLINGTON ENERGY*  
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ (35,486    $ (18,351    $ 941      $ (565    $ 43,418     $ 24,843  

Net realized gain (loss)

       (11,369      26,581        (12,880      5,189        97,286       16,349  

Net change in unrealized appreciation (depreciation) of investments

       183,679        (175,583      160,594        (69,462      25,966       63,623  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       136,824        (167,353      148,655        (64,838      166,670       104,815  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       2,196,270        749,084        713,448        190,930        671,188       459,764  

Transfers between Variable Investment Options including guaranteed interest account, net

       16,340        210,973        (34,061      92,944        252,457       217,063  

Redemptions for contract benefits and terminations

       (67,451      (48,851      (6,100      (5,614      (51,751     (38,393

Contract maintenance charges

       (466      (294      (91      (70      (162     (26
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       2,144,693        910,912        673,196        278,190        871,732       638,408  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       68        7        20        (12      (29     26  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       2,281,585        743,566        821,871        213,340        1,038,373       743,249  

Net Assets — Beginning of Year or Period

       1,959,130        1,215,564        509,145        295,805        973,413       230,164  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 4,240,715      $ 1,959,130      $ 1,331,016      $ 509,145      $ 2,011,786     $ 973,413  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.

 

FSA-99


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       EQUITABLE CONSERVATIVE
GROWTH MF/ETF*
     EQUITABLE GROWTH MF/ETF*(c)      EQUITABLE MODERATE GROWTH
MF/ETF*(c)
 
       2023      2022      2023      2022      2023      2022  

Increase (Decrease) in Net Assets

                   

From Operations:

                   

Net investment income (loss)

     $ 47,356      $ (1,462    $ 29,424      $ 923      $ 35,347      $ 215  

Net realized gain (loss)

       (2,640      (68,530      371        (1      1,270         

Net change in unrealized appreciation (depreciation) of investments

       82,029        (1,678      167,106        (3,062      143,268        (321
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       126,745        (71,670      196,901        (2,140      179,885        (106
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                   

Payments received from contractowners

       2,147,953        34,193        2,498,831        91,708        2,574,336        13,833  

Transfers between Variable Investment Options including guaranteed interest account, net

       279,243        (286,252      150,169               376,552         

Redemptions for contract benefits and terminations

       (68,201      (10,361                    (45,151       

Contract maintenance charges

       (4      (3      (190      4                
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       2,358,991        (262,423      2,648,810        91,712        2,905,737        13,833  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       83        (13      8               20         
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       2,485,819        (334,106      2,845,719        89,572        3,085,642        13,727  

Net Assets — Beginning of Year or Period

       88,386        422,492        89,572               13,727         
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 2,574,205      $ 88,386      $ 2,935,291      $ 89,572      $ 3,099,369      $ 13,727  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(c)   Units were made available on November 14, 2022.

 

FSA-100


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       FEDERATED HERMES HIGH
INCOME BOND FUND II(c)
     FEDERATED HERMES KAUFMANN
FUND II(c)
     FIDELITY® VIP MID  CAP
PORTFOLIO
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 7,759      $ (30    $ (1,270    $ (3    $ (11,649   $ (5,931

Net realized gain (loss)

       (1,614             (739             75,870       47,643  

Net change in unrealized appreciation (depreciation) of investments

       77,103        (903      28,860        (200      269,004       (130,816
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       83,248        (933      26,851        (203      333,225       (89,104
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       1,098,545        55,487        264,791        5,597        2,379,345       392,090  

Transfers between Variable Investment Options including guaranteed interest account, net

       181,917               71,105               285,005       167,306  

Redemptions for contract benefits and terminations

       (38,733             (12,366             (76,989     (9,357

Contract maintenance charges

              4               1        (438     (233
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       1,241,729        55,491        323,530        5,598        2,586,923       549,806  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       81               10               84       17  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       1,325,058        54,558        350,391        5,395        2,920,232       460,719  

Net Assets — Beginning of Year or Period

       54,558               5,395               937,665       476,946  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 1,379,616      $ 54,558      $ 355,786      $ 5,395      $ 3,857,897     $ 937,665  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(c)   Units were made available on November 14, 2022.

 

FSA-101


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       FIDELITY® VIP  STRATEGIC
INCOME PORTFOLIO
     FIRST TRUST MULTI INCOME
ALLOCATION PORTFOLIO
     FIRST TRUST/DOW JONES
DIVIDEND & INCOME
ALLOCATION PORTFOLIO
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ 226,448      $ 26,423      $ 7,327      $ 298      $ 29,866     $ 1,013  

Net realized gain (loss)

       (24,219      (5,201      4,259        (5      (3,798     (18,855

Net change in unrealized appreciation (depreciation) of investments

       159,049        (130,213      7,633        (659      180,694       (21,147
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       361,278        (108,991      19,219        (366      206,762       (38,989
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       4,391,648        660,495        445,639        25,170        2,146,656       322,724  

Transfers between Variable Investment Options including guaranteed interest account, net

       707,980        102,917        (17,564      5,639        134,032       (128,329

Redemptions for contract benefits and terminations

       (163,390      (38,314      (5,835             (11,710     (7,290

Contract maintenance charges

       (148      (68      (18      3        (15     (8
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       4,936,090        725,030        422,222        30,812        2,268,963       187,097  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       162        33        13               72       7  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       5,297,530        616,072        441,454        30,446        2,475,797       148,115  

Net Assets — Beginning of Year or Period

       1,309,609        693,537        30,446               399,142       251,027  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 6,607,139      $ 1,309,609      $ 471,900      $ 30,446      $ 2,874,939     $ 399,142  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-102


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

     FRANKLIN ALLOCATION VIP FUND      FRANKLIN INCOME VIP FUND      HARTFORD
DISCIPLINED
EQUITY HLS
FUND(k)
 
     2023      2022      2023      2022      2023  

Increase (Decrease) in Net Assets

              

From Operations:

              

Net investment income (loss)

   $ 424      $ 218      $ 109,182      $ 28,099      $ (331

Net realized gain (loss)

     (12,431      6,546        128,022        11,602        17  

Net change in unrealized appreciation (depreciation) of investments

     26,093        (20,351      (1,154      (95,378      26,616  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

     14,086        (13,587      236,050        (55,677      26,302  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

              

Payments received from contractowners

     314,746               2,984,442        242,488        401,638  

Transfers between Variable Investment Options including guaranteed interest account, net

     (41,504             606,379        174,099        3,346  

Redemptions for contract benefits and terminations

     (646             (168,285      (41,984       

Contract maintenance charges

            (2      (44      (24       
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

     272,596        (2      3,422,492        374,579        404,984  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

                   12        13         
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

     286,682        (13,589      3,658,554        318,915        431,286  

Net Assets — Beginning of Year or Period

     65,921        79,510        1,027,960        709,045         
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

   $ 352,603      $ 65,921      $ 4,686,514      $ 1,027,960      $ 431,286  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(k)   Units were made available on May 22, 2023.

 

FSA-103


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       INVESCO V.I.
BALANCED-
RISK
ALLOCATION
FUND(a)
     INVESCO V.I. DIVERSIFIED
DIVIDEND FUND
     INVESCO V.I. EQUITY AND INCOME
FUND
 
       2023      2023      2022      2023      2022  

Increase (Decrease) in Net Assets

                

From Operations:

                

Net investment income (loss)

     $ (3,896    $ 4,488      $ 1,247      $ 9,627      $ 3,551  

Net realized gain (loss)

       69        39,662        28,059        67,480        115,283  

Net change in unrealized appreciation (depreciation) of investments

       27,384        1,877        (32,878      43,832        (170,832
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       23,557        46,027        (3,572      120,939        (51,998
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                

Payments received from contractowners

       422,672        247,365        88,022        530,302        839,390  

Transfers between Variable Investment Options including guaranteed interest account, net

       199,956        95,499        64,153        135,991        76,943  

Redemptions for contract benefits and terminations

       (10,664      (4,893      (3,026      (335      (8,447

Contract maintenance charges

              (38      (13      (23      (10
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       611,964        337,933        149,136        665,935        907,876  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       19        9        5        30        32  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       635,540        383,969        145,569        786,904        855,910  

Net Assets — Beginning of Year or Period

              310,970        165,401        937,038        81,128  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 635,540      $ 694,939      $ 310,970      $ 1,723,942      $ 937,038  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(a)   Units were made available on November 14, 2022, however, it had no outstanding units as of December 31, 2022.

 

FSA-104


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

     INVESCO V.I. HEALTH CARE FUND(c)      INVESCO V.I. HIGH YIELD FUND      INVESCO V.I. MAIN STREET
MID CAP FUND
 
     2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                

From Operations:

                

Net investment income (loss)

   $ (3,654    $ (64    $ 80,101      $ 12,424      $ (1,827   $ (367

Net realized gain (loss)

     (9,057      (26      (29,139      (5,515      (4,689     8,212  

Net change in unrealized appreciation (depreciation) of investments

     20,747        (1,824      74,927        (40,683      27,252       (11,063
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

     8,036        (1,914      125,889        (33,774      20,736       (3,218
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                

Payments received from contractowners

     800,576        173,660        1,645,877        259,206        279,126       3,207  

Transfers between Variable Investment Options including guaranteed interest account, net

     (211,374             90,209        (9,151      (21,678     23,955  

Redemptions for contract benefits and terminations

     (26,053      (1,485      (25,405      (4,780      (1,139      

Contract maintenance charges

     (65             (99      (62      (7     (4
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

     563,084        172,175        1,710,582        245,213        256,302       27,158  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

     (6      5        73        8               
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     571,114        170,266        1,836,544        211,447        277,038       23,940  

Net Assets — Beginning of Year or Period

     170,266               474,426        262,979        41,832       17,892  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

   $ 741,380      $ 170,266      $ 2,310,970      $ 474,426      $ 318,870     $ 41,832  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(c)   Units were made available on November 14, 2022.

 

FSA-105


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       INVESCO V.I. SMALL CAP
EQUITY FUND
     JANUS HENDERSON
BALANCED
PORTFOLIO(c)
     JANUS HENDERSON
FLEXIBLE
BOND PORTFOLIO(c)
 
       2023      2022      2023      2022      2023     2022  

Increase (Decrease) in Net Assets

                  

From Operations:

                  

Net investment income (loss)

     $ (5,370    $ (1,158    $ 71,726      $ (9    $ 27,331     $ 119  

Net realized gain (loss)

       8,410        19,655        13,939        35        (2,744      

Net change in unrealized appreciation (depreciation) of investments

       69,793        (36,990      633,373        (7,847      12,789       (734
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from operations

       72,833        (18,493      719,038        (7,821      37,376       (615
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

From Contractowners Transactions:

                  

Payments received from contractowners

       921,796        44,414        8,485,577        392,430        1,088,597       113,110  

Transfers between Variable Investment Options including guaranteed interest account, net

       54,466        10,972        787,113        17,149        84,305        

Redemptions for contract benefits and terminations

       (7,213      (1,643      (440,991             (35,328      

Contract maintenance charges

       (67      (32                    (11      
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       968,982        53,711        8,831,699        409,579        1,137,563       113,110  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       32               252        12        30       5  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

       1,041,847        35,218        9,550,989        401,770        1,174,969       112,500  

Net Assets — Beginning of Year or Period

       116,194        80,976        401,770               112,500        
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Net Assets — End of Year or Period

     $ 1,158,041      $ 116,194      $ 9,952,759      $ 401,770      $ 1,287,469     $ 112,500  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(c)   Units were made available on November 14, 2022.

 

FSA-106


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       LORD ABBETT SERIES FUND —
BOND DEBENTURE PORTFOLIO
     MFS® INVESTORS
TRUST  SERIES
       MFS®  MASSACHUSETTS
INVESTORS GROWTH STOCK
PORTFOLIO
 
       2023      2022      2023      2022        2023        2022  

Increase (Decrease) in Net Assets

                       

From Operations:

                       

Net investment income (loss)

     $ 145,222      $ 42,976      $ (1,856    $ (1,172      $ (8,969      $ (4,818

Net realized gain (loss)

       (87,589      (1,793      21,290        (12,837        2,955          56,419  

Net change in unrealized appreciation (depreciation) of investments

       89,109        (164,772      21,530        (7,552        143,057          (116,307
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

 

Net increase (decrease) in net assets resulting from operations

       146,742        (123,589      40,964        (21,561        137,043          (64,706
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

 

From Contractowners Transactions:

                       

Payments received from contractowners

       2,708,219        490,510        241,805        221,925          198,229          194,865  

Transfers between Variable Investment Options including guaranteed interest account, net

       (101,737      21,237        4,773        (162,177        18,947          215,822  

Redemptions for contract benefits and terminations

       (80,949      (5,378      (111,174               (1,966        (13,620

Contract maintenance charges

       (65      (56      (13      (6        (76        (47
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       2,525,468        506,313        135,391        59,742          215,134          397,020  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       78        7                        9          23  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

 

Net Increase (Decrease) in Net Assets

       2,672,288        382,731        176,355        38,181          352,186          332,337  

Net Assets — Beginning of Year or Period

       1,198,211        815,480        145,273        107,092          539,379          207,042  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

 

Net Assets — End of Year or Period

     $ 3,870,499      $ 1,198,211      $ 321,628      $ 145,273        $ 891,565        $ 539,379  
    

 

 

    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-107


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       MFS® VALUE  SERIES(c)      MULTIMANAGER
AGGRESSIVE
EQUITY*
       MULTIMANAGER
TECHNOLOGY*
 
       2023      2022      2023        2022        2023      2022  

Increase (Decrease) in Net Assets

                       

From Operations:

                       

Net investment income (loss)

     $ 4,095      $ (2    $ (4,199      $ (2,323      $ (40,134    $ (18,839

Net realized gain (loss)

       38,356               6,490          43,499          185,393        117,888  

Net change in unrealized appreciation (depreciation) of investments

       34,951        (12      141,412          (108,408        1,093,614        (755,784
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       77,402        (14      143,703          (67,232        1,238,873        (656,735
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

From Contractowners Transactions:

                       

Payments received from contractowners

       960,858        20,781        160,693          226,109          1,610,149        958,014  

Transfers between Variable Investment Options including guaranteed interest account, net

       163,494               25,300          48,989          665,004        308,798  

Redemptions for contract benefits and terminations

       (3,467             (531        (1,247        (63,592      (47,609

Contract maintenance charges

              1        (81        (48        (670      (322
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       1,120,885        20,782        185,381          273,803          2,210,891        1,218,881  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       28                        170                 257  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       1,198,315        20,768        329,084          206,741          3,449,764        562,403  

Net Assets — Beginning of Year or Period

       20,768               337,451          130,710          1,757,008        1,194,605  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 1,219,083      $ 20,768      $ 666,535        $ 337,451        $ 5,206,772      $ 1,757,008  
    

 

 

    

 

 

    

 

 

      

 

 

      

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

*   Denotes Variable Investment Options that invest in shares of a Portfolio of EQ Advisors Trust, an affiliate of Equitable America.
(c)   Units were made available on November 14, 2022.

 

FSA-108


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       NEUBERGER BERMAN U.S.
EQUITY INDEX PUTWRITE
STRATEGY

PORTFOLIO
       PIMCO
COMMODITYREALRETURN®
STRATEGY PORTFOLIO
       PIMCO
EMERGING
MARKETS BOND
PORTFOLIO(a)
 
       2023        2022        2023        2022        2023  

Increase (Decrease) in Net Assets

                        

From Operations:

                        

Net investment income (loss)

     $ (592      $ (446      $ 96,965        $ 61,312        $ 573  

Net realized gain (loss)

       (1,704        4,223          (40,471        946          (2

Net change in unrealized appreciation (depreciation) of investments

       7,985          (8,510        (121,386        (79,509        4,355  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Net increase (decrease) in net assets resulting from operations

       5,689          (4,733        (64,892        (17,251        4,926  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

From Contractowners Transactions:

                        

Payments received from contractowners

       22,703          3,339          383,916          345,592          52,085  

Transfers between Variable Investment Options including guaranteed interest account, net

       5,578          (6,739        (77,490        123,298          576  

Redemptions for contract benefits and terminations

                         (7,940        (3,268         

Contract maintenance charges

       (10        (2        (28        (5         
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       28,271          (3,402        298,458          465,617          52,661  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

                         (11        49          13  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease) in Net Assets

       33,960          (8135        233,555          448,415          57,600  

Net Assets — Beginning of Year or Period

       31,734          39,869          630,467          182,052           
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Net Assets — End of Year or Period

     $ 65,694        $ 31,734        $ 864,022        $ 630,467        $ 57,600  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(a)   Units were made available on November 14, 2022, however, it had no outstanding units as of December 31, 2022.

 

FSA-109


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       PIMCO GLOBAL BOND
OPPORTUNITIES
PORTFOLIO
(UNHEDGED)(c)
       PIMCO GLOBAL
MANAGED
ASSET
ALLOCATION
PORTFOLIO(a)
       PIMCO INCOME PORTFOLIO  
       2023      2022        2023        2023        2022  

Increase (Decrease) in Net Assets

                      

From Operations:

                      

Net investment income (loss)

     $ 2,946      $ 20        $ 431        $ 87,577        $ 4,640  

Net realized gain (loss)

       3,239                 15          (21,673        (1,316

Net change in unrealized appreciation (depreciation) of investments

       15,024        9          2,497          125,580          (18,815
    

 

 

    

 

 

      

 

 

      

 

 

      

 

 

 

Net increase (decrease) in net assets resulting from operations

       21,209        29          2,943          191,484          (15,491
    

 

 

    

 

 

      

 

 

      

 

 

      

 

 

 

From Contractowners Transactions:

                      

Payments received from contractowners

       491,486        23,960          35,158          3,023,136          306,677  

Transfers between Variable Investment Options including guaranteed interest account, net

       6,887                 (155        763,772          (4,091

Redemptions for contract benefits and terminations

       (388                        (99,495        (26

Contract maintenance charges

              (1                 (27        (19
    

 

 

    

 

 

      

 

 

      

 

 

      

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       497,985        23,959          35,003          3,687,386          302,541  
    

 

 

    

 

 

      

 

 

      

 

 

      

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       36                          512           
    

 

 

    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease) in Net Assets

       519,230        23,988          37,946          3,879,382          287,050  

Net Assets — Beginning of Year or Period

       23,988                          463,554          176,504  
    

 

 

    

 

 

      

 

 

      

 

 

      

 

 

 

Net Assets — End of Year or Period

     $ 543,218      $ 23,988        $ 37,946        $ 4,342,936        $ 463,554  
    

 

 

    

 

 

      

 

 

      

 

 

      

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(a)   Units were made available on November 14, 2022, however, it had no outstanding units as of December 31, 2022.
(c)   Units were made available on November 14, 2022.

 

FSA-110


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       PRINCIPAL BLUE
CHIP ACCOUNT(a)
     PRINCIPAL
EQUITY INCOME
ACCOUNT(a)
     PROFUND VP
BIOTECHNOLOGY
 
       2023      2023      2023        2022  

Increase (Decrease) in Net Assets

               

From Operations:

               

Net investment income (loss)

     $ (467    $ (375    $ (6,335      $ (4,757

Net realized gain (loss)

       285        (76      30,936          49,128  

Net change in unrealized appreciation (depreciation) of investments

       22,082        14,785        27,150          (57,432
    

 

 

    

 

 

    

 

 

      

 

 

 

Net increase (decrease) in net assets resulting from operations

       21,900        14,334        51,751          (13,061
    

 

 

    

 

 

    

 

 

      

 

 

 

From Contractowners Transactions:

               

Payments received from contractowners

       153,652        122,156        121,999          110,808  

Transfers between Variable Investment Options including guaranteed interest account, net

       21,990        4,321        (12,819        72,793  

Redemptions for contract benefits and terminations

       (1,703      (1,587      (5,509        (2,890

Contract maintenance charges

              5        (154        (87
    

 

 

    

 

 

    

 

 

      

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       173,939        124,895        103,517          180,624  
    

 

 

    

 

 

    

 

 

      

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       6               6          70  
    

 

 

    

 

 

    

 

 

      

 

 

 

Net Increase (Decrease) in Net Assets

       195,845        139,229        155,274          167,633  

Net Assets — Beginning of Year or Period

                     460,084          292,451  
    

 

 

    

 

 

    

 

 

      

 

 

 

Net Assets — End of Year or Period

     $ 195,845      $ 139,229      $ 615,358        $ 460,084  
    

 

 

    

 

 

    

 

 

      

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(a)   Units were made available on November 14, 2022, however, it had no outstanding units as of December 31, 2022.

 

FSA-111


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       PUTNAM VT
GLOBAL ASSET
ALLOCATION
FUND(a)
     PUTNAM VT
RESEARCH FUND(c)
     T. ROWE PRICE
EQUITY INCOME
PORTFOLIO(c)
 
       2023      2023      2022      2023      2022  

Increase (Decrease) in Net Assets

                

From Operations:

                

Net investment income (loss)

     $ 713      $ (318    $ (2    $ 6,959      $ 12  

Net realized gain (loss)

       830        430               38,244        140  

Net change in unrealized appreciation (depreciation) of investments

       21,962        15,243        50        40,881        (173
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       23,505        15,355        48        86,084        (21
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

                

Payments received from contractowners

       203,987        79,407        9,050        1,243,722        10,547  

Transfers between Variable Investment Options including guaranteed interest account, net

       (4,956      4,929               (39,218       

Redemptions for contract benefits and terminations

       (10,931      (549             (46,453       
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       188,100        83,787        9,050        1,158,051        10,547  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

       7                              
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       211,612        99,142        9,098        1,244,135        10,526  

Net Assets — Beginning of Year or Period

              9,098               10,526         
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 211,612      $ 108,240      $ 9,098      $ 1,254,661      $ 10,526  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

(a)   Units were made available on November 14, 2022, however, it had no outstanding units as of December 31, 2022.
(c)   Units were made available on November 14, 2022.

 

FSA-112


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

       TEMPLETON DEVELOPING
MARKETS VIP FUND
     TEMPLETON GLOBAL
BOND VIP FUND
 
       2023      2022      2023      2022  

Increase (Decrease) in Net Assets

             

From Operations:

             

Net investment income (loss)

     $ 1,063      $ 2,365      $ (4,390    $ (3,246

Net realized gain (loss)

       (3,096      (10,120      (3,484      (19,468

Net change in unrealized appreciation (depreciation) of investments

       21,880        (24,684      23,303        (2,254
    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from operations

       19,847        (32,439      15,429        (24,968
    

 

 

    

 

 

    

 

 

    

 

 

 

From Contractowners Transactions:

             

Payments received from contractowners

       56,605        102,510        294,289        71,497  

Transfers between Variable Investment Options including guaranteed interest account, net

       15,939        (30,768      103,616        (107,864

Redemptions for contract benefits and terminations

       (5,990      (815      (27,566      (1,557

Contract maintenance charges

       (22      (13      (27      (10
    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in net assets resulting from contractowners transactions

       66,532        70,914        370,312        (37,934
    

 

 

    

 

 

    

 

 

    

 

 

 

Net increase (decrease) in amount retained by Equitable America in Equitable America Variable Account 70A

                     10         
    

 

 

    

 

 

    

 

 

    

 

 

 

Net Increase (Decrease) in Net Assets

       86,379        38475        385,751        (62,902

Net Assets — Beginning of Year or Period

       159,977        121,502        189,000        251,902  
    

 

 

    

 

 

    

 

 

    

 

 

 

Net Assets — End of Year or Period

     $ 246,356      $ 159,977      $ 574,751      $ 189,000  
    

 

 

    

 

 

    

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

FSA-113


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

The change in units outstanding for the years or periods ended December 31, 2023 and 2022 were as follows:

 

              2023    2022
       Share Class**      Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)
   Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)

1290 VT CONVERTIBLE SECURITIES

     IB      20      (1)    19           

1290 VT DOUBLELINE OPPORTUNISTIC BOND

     IB      344      (359)    (15)    103      (11)    92

1290 VT EQUITY INCOME

     IA      17      (2)    15    5      (1)    4

1290 VT EQUITY INCOME

     IB      44      (4)    40           

1290 VT GAMCO MERGERS & ACQUISITIONS

     IA      4      (4)       5      (1)    4

1290 VT GAMCO MERGERS & ACQUISITIONS

     IB      43         43           

1290 VT GAMCO SMALL COMPANY VALUE

     IA      27      (5)    22    30      (1)    29

1290 VT GAMCO SMALL COMPANY VALUE

     IB      211      (4)    207    6         6

1290 VT HIGH YIELD BOND

     IB      108      (4)    104    32      (4)    28

1290 VT MICRO CAP

     IB      25      (1)    24    4         4

1290 VT MODERATE GROWTH ALLOCATION

     IB      2,593      (120)    2,473    1,393      (37)    1,356

1290 VT MULTI-ALTERNATIVE STRATEGIES

     IB      46      (36)    10    1         1

1290 VT NATURAL RESOURCES

     IB      121      (69)    52    47      (4)    43

1290 VT REAL ESTATE

     IB      61      (6)    55    14      (2)    12

1290 VT SMALL CAP VALUE

     IB      92      (29)    63    60      (7)    53

1290 VT SMARTBETA EQUITY ESG

     IB      21      (14)    7    48      (5)    43

1290 VT SOCIALLY RESPONSIBLE

     IB      39      (4)    35           

AB VPS DISCOVERY VALUE PORTFOLIO

     CLASS B      19      (1)    18           

AB VPS RELATIVE VALUE PORTFOLIO

     CLASS B      18      (1)    17           

AB VPS SUSTAINABLE GLOBAL THEMATIC PORTFOLIO

     CLASS B      12      (1)    11    7         7

AMERICAN CENTURY VP INFLATION PROTECTION FUND

     CLASS II      57      (1)    56    1         1

AMERICAN FUNDS INSURANCE SERIES® ASSET ALLOCATION FUND

     CLASS 4      283      (25)    258    10         10

AMERICAN FUNDS INSURANCE SERIES® GLOBAL GROWTH FUND

     CLASS 4      71      (2)    69           

 

The accompanying notes are an integral part of these financial statements.

 

FSA-114


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

              2023      2022
       Share Class**      Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)
     Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)

AMERICAN FUNDS INSURANCE SERIES® GLOBAL SMALL CAPITALIZATION FUND

     CLASS 4      23      (1)    22      7      (1)    6

AMERICAN FUNDS INSURANCE SERIES® GROWTH-INCOME FUND

     CLASS 4      92      (5)    87      5         5

AMERICAN FUNDS INSURANCE SERIES® INTERNATIONAL GROWTH AND INCOME FUND

     CLASS 4      64      (2)    62      10         10

AMERICAN FUNDS INSURANCE SERIES® NEW WORLD FUND®

     CLASS 4      118      (9)    109      36      (1)    35

AMERICAN FUNDS INSURANCE SERIES® THE BOND FUND OF AMERICA®

     CLASS 4      64      (25)    39      45      (5)    40

BLACKROCK GLOBAL ALLOCATION V.I. FUND

     CLASS III      176      (52)    124      58      (15)    43

BLACKROCK LARGE CAP FOCUS GROWTH V.I. FUND

     CLASS III      18      (4)    14      9      (1)    8

CLEARBRIDGE VARIABLE APPRECIATION PORTFOLIO

     CLASS II      80      (1)    79      1         1

CLEARBRIDGE VARIABLE MID CAP PORTFOLIO

     CLASS II      30      (6)    24      4      (4)   

DELAWARE IVY VIP HIGH INCOME

     CLASS II      50      (15)    35      45      (4)    41

DELAWARE VIP EMERGING MARKETS SERIES

     SERVICE CLASS      22      (1)    21      2         2

EATON VANCE VT FLOATING-RATE INCOME FUND

     INITIAL CLASS      347      (28)    319      54      (13)    41

EQ/500 MANAGED VOLATILITY

     IB      77      (1)    76             

EQ/AB DYNAMIC AGGRESSIVE GROWTH

     IB      8,642      (450)    8,192      2,005      (112)    1,893

EQ/AB DYNAMIC GROWTH

     IB      4,101      (133)    3,968      1,831      (26)    1,805

EQ/AB DYNAMIC MODERATE GROWTH

     IB      2,606      (91)    2,515      1,315      (61)    1,254

EQ/AB SHORT DURATION GOVERNMENT BOND

     IB      241      (122)    119      48      (5)    43

EQ/AB SMALL CAP GROWTH

     IA      18      (3)    15      24      (3)    21

EQ/AB SMALL CAP GROWTH

     IB      81      (1)    80      4         4

EQ/AB SUSTAINABLE U.S. THEMATIC

     IB      9         9             

EQ/AGGRESSIVE ALLOCATION

     IB      60      (3)    57      8         8

EQ/AGGRESSIVE GROWTH STRATEGY

     IB      10,757      (259)    10,498      4,975      (31)    4,944

EQ/ALL ASSET GROWTH ALLOCATION

     IA      17      (1)    16      5         5

 

The accompanying notes are an integral part of these financial statements.

 

FSA-115


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

              2023      2022
       Share Class**      Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)
     Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)

EQ/ALL ASSET GROWTH ALLOCATION

     IB      35      (1)    34             

EQ/AMERICAN CENTURY MID CAP VALUE

     IB      120      (9)    111      44      (1)    43

EQ/AMERICAN CENTURY MODERATE GROWTH ALLOCATION

     IB      2,011      (88)    1,923      603      (31)    572

EQ/BALANCED STRATEGY

     IB      6,330      (288)    6,042      3,221      (262)    2,959

EQ/CLEARBRIDGE LARGE CAP GROWTH ESG

     IB      93      (7)    86      5      (1)    4

EQ/CLEARBRIDGE SELECT EQUITY MANAGED VOLATILITY

     IA      41      (6)    35      29      (2)    27

EQ/COMMON STOCK INDEX

     IA      32      (8)    24      34      (5)    29

EQ/COMMON STOCK INDEX

     IB      128      (3)    125      3         3

EQ/CONSERVATIVE ALLOCATION

     IB      168      (9)    159      8      (2)    6

EQ/CONSERVATIVE GROWTH STRATEGY

     IB      2,668      (125)    2,543      1,722      (78)    1,644

EQ/CONSERVATIVE STRATEGY

     IB      2,342      (276)    2,066      1,181      (171)    1,010

EQ/CORE BOND INDEX

     IB      552      (40)    512      85      (13)    72

EQ/CORE PLUS BOND

     IB      225      (10)    215      50      (1)    49

EQ/EMERGING MARKETS EQUITY PLUS

     IB      84      (5)    79      11         11

EQ/EQUITY 500 INDEX

     IA      135      (27)    108      107      (8)    99

EQ/EQUITY 500 INDEX

     IB      761      (86)    675      26         26

EQ/FIDELITY INSTITUTIONAL AM® LARGE CAP

     IB      136      (3)    133      10      (1)    9

EQ/FRANKLIN MODERATE ALLOCATION

     IB      2,413      (42)    2,371      631      (77)    554

EQ/FRANKLIN RISING DIVIDENDS

     IB      229      (10)    219      48      (8)    40

EQ/GOLDMAN SACHS GROWTH ALLOCATION

     IB      6,826      (60)    6,766      2,225      (57)    2,168

EQ/GOLDMAN SACHS MID CAP VALUE

     IB      26      (5)    21      12         12

EQ/GOLDMAN SACHS MODERATE GROWTH ALLOCATION

     IB      5,229      (14)    5,215      1,644      (107)    1,537

EQ/GROWTH STRATEGY

     IB      6,360      (73)    6,287      2,937      (88)    2,849

EQ/INTERMEDIATE CORPORATE BOND

     IB      5         5             

 

The accompanying notes are an integral part of these financial statements.

 

FSA-116


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

              2023      2022
       Share Class**      Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)
     Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)

EQ/INTERMEDIATE GOVERNMENT BOND

     IB      282      (9)    273      17      (1)    16

EQ/INTERNATIONAL CORE MANAGED VOLATILITY

     IA      10      (4)    6      7         7

EQ/INTERNATIONAL EQUITY INDEX

     IA      40      (8)    32      27      (4)    23

EQ/INTERNATIONAL EQUITY INDEX

     IB      152      (3)    149      3         3

EQ/INVESCO COMSTOCK

     IA      27      (4)    23      11      (1)    10

EQ/INVESCO COMSTOCK

     IB      1         1             

EQ/INVESCO GLOBAL

     IA      25      (1)    24      21      (1)    20

EQ/INVESCO GLOBAL

     IB      42      (1)    41             

EQ/INVESCO GLOBAL REAL ASSETS

     IB      19      (3)    16      4         4

EQ/INVESCO MODERATE ALLOCATION

     IB      2,338      (72)    2,266      869      (26)    843

EQ/INVESCO MODERATE GROWTH ALLOCATION

     IB      3,223      (15)    3,208      2,378      (27)    2,351

EQ/JANUS ENTERPRISE

     IA      24      (6)    18      17      (3)    14

EQ/JANUS ENTERPRISE

     IB      104      (5)    99      25         25

EQ/JPMORGAN GROWTH ALLOCATION

     IB      7,821      (56)    7,765      2,827      (16)    2,811

EQ/JPMORGAN GROWTH STOCK

     IA      41      (9)    32      45      (2)    43

EQ/JPMORGAN GROWTH STOCK

     IB      210      (11)    199      6         6

EQ/JPMORGAN VALUE OPPORTUNITIES

     IB      450      (13)    437      154      (2)    152

EQ/LARGE CAP GROWTH INDEX

     IA      27      (5)    22      24      (4)    20

EQ/LARGE CAP GROWTH INDEX

     IB      160      (3)    157      20         20

EQ/LARGE CAP VALUE INDEX

     IA      21      (7)    14      30      (7)    23

EQ/LARGE CAP VALUE INDEX

     IB      112      (4)    108      8         8

EQ/LARGE CAP VALUE MANAGED VOLATILITY

     IA      8      (5)    3      13      (1)    12

EQ/LAZARD EMERGING MARKETS EQUITY

     IB      56      (3)    53      10      (2)    8

EQ/LOOMIS SAYLES GROWTH

     IA      33      (1)    32      12         12

 

The accompanying notes are an integral part of these financial statements.

 

FSA-117


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

              2023      2022
       Share Class**      Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)
     Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)

EQ/LOOMIS SAYLES GROWTH

     IB      49      (3)    46      17         17

EQ/MFS INTERNATIONAL GROWTH

     IA      35      (3)    32      27      (2)    25

EQ/MFS INTERNATIONAL GROWTH

     IB      101      (3)    98      21         21

EQ/MFS INTERNATIONAL INTRINSIC VALUE

     IB      128      (5)    123      33      (4)    29

EQ/MFS MID CAP FOCUSED GROWTH

     IB      11      (1)    10      7      (1)    6

EQ/MFS TECHNOLOGY

     IB      193      (10)    183      25      (1)    24

EQ/MFS UTILITIES SERIES

     IB      76      (23)    53      22      (1)    21

EQ/MID CAP INDEX

     IA      21      (4)    17      19      (2)    17

EQ/MID CAP INDEX

     IB      168      (6)    162      5         5

EQ/MID CAP VALUE MANAGED VOLATILITY

     IA      3      (1)    2      8      (1)    7

EQ/MODERATE ALLOCATION

     IA      77      (11)    66      29      (19)    10

EQ/MODERATE ALLOCATION

     IB      682      (11)    671      11         11

EQ/MODERATE GROWTH STRATEGY

     IB      6,016      (96)    5,920      2,929      (104)    2,825

EQ/MODERATE-PLUS ALLOCATION

     IB      336      (33)    303      33         33

EQ/MONEY MARKET

     IA      4,315      (2,455)    1,860      830      (391)    439

EQ/MONEY MARKET

     IB      655,824      (635,462)    20,362      22,746      (18,416)    4,330

EQ/PIMCO GLOBAL REAL RETURN

     IB      33      (5)    28      13      (2)    11

EQ/PIMCO REAL RETURN

     IB      86      (27)    59      40      (2)    38

EQ/PIMCO TOTAL RETURN ESG

     IB      208      (45)    163      60      (7)    53

EQ/PIMCO ULTRA SHORT BOND

     IA      84      (26)    58      33      (3)    30

EQ/PIMCO ULTRA SHORT BOND

     IB      341      (100)    241      27      (5)    22

EQ/SMALL COMPANY INDEX

     IA      22      (4)    18      22      (1)    21

EQ/SMALL COMPANY INDEX

     IB      101      (3)    98      4         4

EQ/T. ROWE PRICE HEALTH SCIENCES

     IB      121      (25)    96      25      (1)    24

 

The accompanying notes are an integral part of these financial statements.

 

FSA-118


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Continued)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

              2023    2022
       Share Class**      Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)
   Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)

EQ/VALUE EQUITY

     IA      3      (4)    (1)    10      (1)    9

EQ/VALUE EQUITY

     IB      50      (5)    45    3         3

EQ/WELLINGTON ENERGY

     IB      300      (140)    160    108      (9)    99

EQUITABLE CONSERVATIVE GROWTH MF/ETF

     IB      193      (5)    188    6      (26)    (20)

EQUITABLE GROWTH MF/ETF

     IB      280         280    10         10

EQUITABLE MODERATE GROWTH MF/ETF

     IB      301      (4)    297    2         2

FEDERATED HERMES HIGH INCOME BOND FUND II

     SERVICE CLASS      109      (6)    103    5         5

FEDERATED HERMES KAUFMANN FUND II

     SERVICE CLASS      22      (1)    21           

FIDELITY® VIP MID CAP PORTFOLIO

     SERVICE CLASS 2      137      (5)    132    19         19

FIDELITY® VIP STRATEGIC INCOME PORTFOLIO

     SERVICE CLASS 2      458      (36)    422    60      (3)    57

FIRST TRUST MULTI INCOME ALLOCATION PORTFOLIO

     CLASS I      37      (4)    33    3         3

FIRST TRUST/DOW JONES DIVIDEND & INCOME ALLOCATION PORTFOLIO

     CLASS I      157      (4)    153    21      (10)    11

FRANKLIN ALLOCATION VIP FUND

     CLASS 2      19      (3)    16           

FRANKLIN INCOME VIP FUND

     CLASS 2      246      (15)    231    23      (2)    21

HARTFORD DISCIPLINED EQUITY HLS FUND

     IC      13         13           

INVESCO V.I. BALANCED-RISK ALLOCATION FUND

     SERIES II      53         53           

INVESCO V.I. DIVERSIFIED DIVIDEND FUND

     SERIES II      13      (1)    12    7      (1)    6

INVESCO V.I. EQUITY AND INCOME FUND

     SERIES II      47      (2)    45    60         60

INVESCO V.I. HEALTH CARE FUND

     SERIES II      79      (40)    39    13         13

INVESCO V.I. HIGH YIELD FUND

     SERIES II      163      (17)    146    22      (3)    19

INVESCO V.I. MAIN STREET MID CAP FUND

     SERIES II      14      (2)    12    1         1

INVESCO V.I. SMALL CAP EQUITY FUND

     SERIES II      48      (4)    44    2         2

JANUS HENDERSON BALANCED PORTFOLIO

     SERVICE SHARES      623      (82)    541    26         26

JANUS HENDERSON FLEXIBLE BOND PORTFOLIO

     SERVICE SHARES      127      (12)    115    12         12

 

The accompanying notes are an integral part of these financial statements.

 

FSA-119


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

STATEMENTS OF CHANGES IN NET ASSETS (Concluded)

FOR THE YEARS OR PERIODS ENDED DECEMBER 31, 2023 AND 2022

 

              2023      2022
       Share Class**      Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)
     Units
Issued
(000’s)
     Units
Redeemed
(000’s)
   Net
Increase
(Decrease)
(000’s)

LORD ABBETT SERIES FUND—BOND DEBENTURE PORTFOLIO

     VC SHARES      252      (34)    218      38      (2)    36

MFS® INVESTORS TRUST SERIES

     SERVICE CLASS      10      (4)    6      7      (5)    2

MFS® MASSACHUSETTS INVESTORS GROWTH STOCK PORTFOLIO

     SERVICE CLASS      8      (2)    6      10         10

MFS® VALUE SERIES

     SERVICE CLASS      74      (8)    66      1         1

MULTIMANAGER AGGRESSIVE EQUITY

     IB      4         4      7         7

MULTIMANAGER TECHNOLOGY

     IB      90      (14)    76      47      (4)    43

NEUBERGER BERMAN U.S. EQUITY INDEX PUTWRITE STRATEGY PORTFOLIO

     CLASS S      3      (1)    2           (1)    (1)

PIMCO COMMODITYREALRETURN® STRATEGY PORTFOLIO

     ADVISOR CLASS      44      (13)    31      51      (2)    49

PIMCO EMERGING MARKETS BOND PORTFOLIO

     ADVISOR CLASS      5         5             

PIMCO GLOBAL BOND OPPORTUNITIES PORTFOLIO (UNHEDGED)

     ADVISOR CLASS      53         53      3         3

PIMCO GLOBAL MANAGED ASSET ALLOCATION PORTFOLIO

     ADVISOR CLASS      3         3             

PIMCO INCOME PORTFOLIO

     ADVISOR CLASS      373      (27)    346      31      (1)    30

PRINCIPAL BLUE CHIP ACCOUNT

     CLASS 3      18         18             

PRINCIPAL EQUITY INCOME ACCOUNT

     CLASS 3      14         14             

PROFUND VP BIOTECHNOLOGY

     COMMON SHARES      4      (2)    2      6      (1)    5

PUTNAM VT GLOBAL ASSET ALLOCATION FUND

     CLASS IB      15      (1)    14             

PUTNAM VT RESEARCH FUND

     CLASS IB      4         4             

T. ROWE PRICE EQUITY INCOME PORTFOLIO

     CLASS II      79      (10)    69      1         1

TEMPLETON DEVELOPING MARKETS VIP FUND

     CLASS 2      7      (1)    6      10      (4)    6

TEMPLETON GLOBAL BOND VIP FUND

     CLASS 2      47      (5)    42      9      (13)    (4)

 

The accompanying notes are an integral part of these financial statements.

**   Share class reflects the share class of the Portfolio in which the units of the Variable Investment Option are invested, as further described in Note 5 of these financial statements.

The — on the Units Issued and Units Redeemed section may represent no units issued and units redeemed or units issued and units redeemed of less than 500.

 

FSA-120


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements

December 31, 2023

 

1.   Organization

Equitable America Variable Account 70A (“the Account”) was established by Equitable Financial Life Insurance Company of America (“Equitable America”) and is organized as a unit investment trust, a type of investment company, and is registered with the Securities and Exchange Commission (“SEC”) under the Investment Company Act of 1940 (the “1940 Act”). The Account follows the investment company and reporting guidance of the Financial Accounting Standards Board Accounting Standards Codification Topic 946 — Investment Companies, which is part of accounting principles generally accepted in the United States of America (“GAAP”). The Account has Variable Investment Options, each of which invests in shares of a mutual fund portfolio of AB Variable Product Series Fund, Inc., AIM Variable Insurance Funds (Invesco Variable Insurance Funds), American Century Variable Portfolios II, Inc., American Funds Insurance Series®, BlackRock Variable Series Funds, Inc., Delaware VIP® Trust, Eaton Vance Variable Trust, EQ Advisors Trust (“EQAT”), Federated Insurance Series, Fidelity® Variable Insurance Products, First Trust Variable Insurance Trust, Franklin Templeton Variable Insurance Products Trust, Hartford Series Fund, Inc., Ivy Variable Insurance Portfolios, Janus Aspen Series, Legg Mason Partners Variable Equity Trust, Lord Abbett Series Fund, Inc., MFS® Variable Insurance Trust, Neuberger Berman Advisers Management Trust, PIMCO Variable Insurance Trust, Principal Variable Contracts Funds, Inc., ProFunds, Putnam Variable Trust and T. Rowe Price Equity Series, Inc., (collectively, “the Trusts”). The Trusts are open-ended investment management companies that sell shares of a portfolio (“Portfolio”) of a mutual fund to separate accounts of insurance companies. Each Portfolio of the Trusts has separate investment objectives. These financial statements and notes are those of the Variable Investment Options of the Account.

The Account consists of the Variable Investment Options listed below.

 

AB Variable Product Series Fund, Inc.*

   

AB VPS Discovery Value Portfolio(1)

   

AB VPS Relative Value Portfolio(2)

   

AB VPS Sustainable Global Thematic Portfolio

AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

   

Invesco V.I. Balanced-Risk Allocation Fund

   

Invesco V.I. Diversified Dividend Fund

   

Invesco V.I. Equity and Income Fund

   

Invesco V.I. Health Care Fund

   

Invesco V.I. High Yield Fund

   

Invesco V.I. Main Street Mid Cap Fund

   

Invesco V.I. Small Cap Equity Fund

American Century Variable Portfolios II, Inc.

   

American Century VP Inflation Protection Fund

American Funds Insurance Series®

   

American Funds Insurance Series® Asset Allocation Fund

   

American Funds Insurance Series® Global Growth Fund

   

American Funds Insurance Series® Global Small Capitalization Fund

   

American Funds Insurance Series® Growth-Income Fund

   

American Funds Insurance Series® International Growth and Income Fund

   

American Funds Insurance Series® New World Fund®

   

American Funds Insurance Series® The Bond Fund of America®

BlackRock Variable Series Funds, Inc.

   

BlackRock Global Allocation V.I. Fund

   

BlackRock Large Cap Focus Growth V.I. Fund

Delaware VIP® Trust

   

Delaware VIP Emerging Markets Series

Eaton Vance Variable Trust

   

Eaton Vance VT Floating-Rate Income Fund

EQ Advisors Trust*

   

1290 VT Convertible Securities

   

1290 VT DoubleLine Opportunistic Bond

   

1290 VT Equity Income

   

1290 VT GAMCO Mergers & Acquisitions

   

1290 VT GAMCO Small Company Value

   

1290 VT High Yield Bond

   

1290 VT Micro Cap

   

1290 VT Moderate Growth Allocation

   

1290 VT Multi-Alternative Strategies

   

1290 VT Natural Resources

   

1290 VT Real Estate

   

1290 VT Small Cap Value

   

1290 VT SmartBeta Equity ESG

   

1290 VT Socially Responsible

   

EQ/500 Managed Volatility

   

EQ/AB Dynamic Aggressive Growth

 

 

FSA-121


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

1.   Organization (Continued)

 

   

EQ/AB Dynamic Growth

   

EQ/AB Dynamic Moderate Growth

   

EQ/AB Short Duration Government Bond

   

EQ/AB Small Cap Growth

   

EQ/AB Sustainable U.S. Thematic

   

EQ/Aggressive Allocation(3)

   

EQ/Aggressive Growth Strategy

   

EQ/All Asset Growth Allocation

   

EQ/American Century Mid Cap Value

   

EQ/American Century Moderate Growth Allocation

   

EQ/Balanced Strategy

   

EQ/ClearBridge Large Cap Growth ESG

   

EQ/ClearBridge Select Equity Managed Volatility

   

EQ/Common Stock Index

   

EQ/Conservative Allocation(3)

   

EQ/Conservative Growth Strategy

   

EQ/Conservative Strategy

   

EQ/Core Bond Index

   

EQ/Core Plus Bond(3)

   

EQ/Emerging Markets Equity PLUS

   

EQ/Equity 500 Index

   

EQ/Fidelity Institutional AM® Large Cap

   

EQ/Franklin Moderate Allocation

   

EQ/Franklin Rising Dividends

   

EQ/Goldman Sachs Growth Allocation

   

EQ/Goldman Sachs Mid Cap Value

   

EQ/Goldman Sachs Moderate Growth Allocation

   

EQ/Growth Strategy

   

EQ/Intermediate Corporate Bond

   

EQ/Intermediate Government Bond

   

EQ/International Core Managed Volatility

   

EQ/International Equity Index

   

EQ/Invesco Comstock

   

EQ/Invesco Global

   

EQ/Invesco Global Real Assets

   

EQ/Invesco Moderate Allocation

   

EQ/Invesco Moderate Growth Allocation

   

EQ/Janus Enterprise

   

EQ/JPMorgan Growth Allocation

   

EQ/JPMorgan Growth Stock(4)

   

EQ/JPMorgan Value Opportunities

   

EQ/Large Cap Growth Index

   

EQ/Large Cap Value Index

   

EQ/Large Cap Value Managed Volatility

   

EQ/Lazard Emerging Markets Equity

   

EQ/Long-Term Bond(5)

   

EQ/Loomis Sayles Growth

   

EQ/MFS International Growth

   

EQ/MFS International Intrinsic Value

   

EQ/MFS Mid Cap Focused Growth

   

EQ/MFS Technology

   

EQ/MFS Utilities Series

   

EQ/Mid Cap Index

   

EQ/Mid Cap Value Managed Volatility

   

EQ/Moderate Allocation(3)

   

EQ/Moderate Growth Strategy

   

EQ/Moderate-Plus Allocation(3)

   

EQ/Money Market

   

EQ/PIMCO Global Real Return

   

EQ/PIMCO Real Return

   

EQ/PIMCO Total Return ESG

   

EQ/PIMCO Ultra Short Bond

   

EQ/Small Company Index

   

EQ/T. Rowe Price Health Sciences

   

EQ/Value Equity

   

EQ/Wellington Energy

   

Equitable Conservative Growth MF/ETF

   

Equitable Growth MF/ETF

   

Equitable Moderate Growth MF/ETF

   

Multimanager Aggressive Equity

   

Multimanager Technology

Federated Insurance Series

   

Federated Hermes High Income Bond Fund II

   

Federated Hermes Kaufmann Fund II

Fidelity® Variable Insurance Products

   

Fidelity® VIP Mid Cap Portfolio

   

Fidelity® VIP Strategic Income Portfolio

First Trust Variable Insurance Trust

   

First Trust Multi Income Allocation Portfolio

   

First Trust/Dow Jones Dividend & Income Allocation Portfolio

Franklin Templeton Variable Insurance Products Trust

   

Franklin Allocation VIP Fund

   

Franklin Income VIP Fund

   

Templeton Developing Markets VIP Fund

   

Templeton Global Bond VIP Fund

Hartford Series Fund, Inc.

   

Hartford Disciplined Equity HLS Fund

Ivy Variable Insurance Portfolios

   

Delaware Ivy VIP High Income

Janus Aspen Series

   

Janus Henderson Balanced Portfolio

   

Janus Henderson Flexible Bond Portfolio

 

 

FSA-122


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

1.   Organization (Continued)

 

Legg Mason Partners Variable Equity Trust

   

ClearBridge Variable Appreciation Portfolio

   

ClearBridge Variable Mid Cap Portfolio

Lord Abbett Series Fund, Inc.

   

Lord Abbett Series Fund — Bond Debenture Portfolio

MFS® Variable Insurance Trust

   

MFS® Investors Trust Series

   

MFS® Massachusetts Investors Growth Stock Portfolio

   

MFS® Value Series

Neuberger Berman Advisers Management Trust

   

Neuberger Berman U.S. Equity Index PutWrite Strategy Portfolio

PIMCO Variable Insurance Trust

   

PIMCO CommodityRealReturn® Strategy Portfolio

   

PIMCO Emerging Markets Bond Portfolio

   

PIMCO Global Bond Opportunities Portfolio (Unhedged)

   

PIMCO Global Managed Asset Allocation Portfolio

   

PIMCO Income Portfolio

Principal Variable Contracts Funds, Inc.

   

Principal Blue Chip Account

   

Principal Equity Income Account

ProFunds

   

ProFund VP Biotechnology

Putnam Variable Trust

   

Putnam VT Global Asset Allocation Fund

   

Putnam VT Research Fund

T. Rowe Price Equity Series, Inc.

   

T. Rowe Price Equity Income Portfolio

 

 

  (1)   Formerly known as AB VPS Small/Mid Cap Value Portfolio.
  (2)   Formerly known as AB VPS Growth and Income Portfolio.
  (3)   The Variable Investment Option was previously held under EQ Premier VIP Trust until November 12, 2023.
  (4)   Formerly known as EQ/T. Rowe Price Growth Stock.
  (5)   The Variable Investment Option became available during 2023, however it had no units during the period, thus the Variable Investment Option is excluded from all other sections of the financial statements.
  *   An affiliate of Equitable America providing advisory and other services to one or more Portfolios of this Trust, as further described in Note 5 of these financial statements.

The Account is used to fund benefits for variable annuities issued by Equitable America for the Retirement Cornerstone Series (the “Contracts”). These annuities are offered with the same Variable Investment Options for use as a nonqualified annuity for after-tax contributions only, or when used as an investment vehicle for certain qualified plans, or an individual retirement annuity. The annuities are offered under group and individual variable annuity forms.

Under applicable insurance law, the assets and liabilities of the Account are clearly identified and distinguished from Equitable America’s other assets and liabilities. All Contracts are issued by Equitable America. The assets of the Account are the property of Equitable America. However, the portion of the Account’s assets attributable to the Contracts will not be chargeable with liabilities arising out of any other business Equitable America may conduct.

The amount retained by Equitable America in the Account arises primarily from (1) contributions from Equitable America, and (2) that portion, determined ratably, of the Account’s investment results applicable to those assets in the Account in excess of the net assets attributable to accumulation units. Amounts retained by Equitable America are not subject to charges for mortality and expense risks, asset-based administration charges and distribution charges. Amounts retained by Equitable America in the Account may be transferred at any time by Equitable America to its General Account (“General Account”).

Each of the Variable Investment Options of the Account bears indirect exposure to the market, credit, and liquidity risks of the Portfolio in which it invests. These financial statements and footnotes should be read in conjunction with the financial statements and footnotes of the Portfolios of the Trusts, which are distributed by Equitable America to the Contractowners of the Variable Investment Options of the Account.

 

FSA-123


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

1.   Organization (Concluded)

 

In the normal course of business, Equitable America may have agreements to indemnify another party under given circumstances. The maximum exposure under these arrangements is unknown as this would involve future claims that may be, but have not been, made against the Variable Investment Options of the Account. Based on experience, the risk of material loss is expected to be remote.

 

2.   Significant Accounting Policies

The accompanying financial statements are prepared in conformity with GAAP. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Investments:

Investments are made in shares of the Portfolios and the fair values of investments are the reported net asset values per share of the respective Portfolios. The net asset value is determined by the Trusts using the fair value of the underlying assets of the Portfolio less liabilities.

Investment Transactions and Investment Income:

Investment transactions are recorded on the trade date. Dividend income and net realized gain distributions from the Portfolios are recorded and automatically reinvested on the ex-dividend date. Net realized gain (loss) on investments are gains and losses on redemptions of investments in the Portfolios (determined on the identified cost basis).

Due to and Due from:

Receivable/payable for policy-related transactions represent amounts due to/from Equitable America’s General Account primarily related to premiums, surrenders, death benefits and amounts transferred among various Portfolios by Contractowners. Receivable/payable for shares of the Portfolios sold/purchased represent unsettled trades.

Contract Payments and Transfers:

Payments received from Contractowners represent participant contributions under the Contracts (but exclude amounts allocated to the guaranteed interest account, reflected in the General Account) reduced by deductions and charges, including premium charges, as applicable, and state premium taxes. Contractowners may allocate amounts in their individual accounts to Variable Investment Options of the Account and/or to the guaranteed interest account of Equitable America’s General Account, and/or fixed maturity options of Separate Account No. 46.

Transfers between Variable Investment Options including the guaranteed interest account, net, are amounts that participants have directed to be moved among Portfolios, including permitted transfers to and from the guaranteed interest account and the fixed maturity options of Separate Account No. 46. The net assets of any Variable Investment Option may not be less than the aggregate value of the Contractowner accounts allocated to that Variable Investment Option. Equitable America is required by state insurance laws to set aside additional assets in Equitable America’s General Account to provide for other policy benefits. Equitable America’s General Account is subject to creditor rights.

Redemptions for contract benefits and terminations are payments to participants and beneficiaries made under the terms of the Contracts and amounts that participants have requested to be withdrawn and paid to them or applied to the purchase of annuities. Withdrawal charges, if any, are included in Redemptions for contract benefits and terminations to the extent that such charges apply to the contracts. Administrative charges, if any, are included in Contract maintenance charges to the extent that such charges apply to the Contracts.

Taxes:

The operations of the Account are included in the federal income tax return of Equitable America which is taxed as a life insurance company under the provisions of the Internal Revenue Code. No federal income tax based on net income or realized and unrealized capital gains is currently applicable to Contracts participating in the Account by reason of

 

FSA-124


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

2.   Significant Accounting Policies (Concluded)

 

applicable provisions of the Internal Revenue Code and no federal income tax payable by Equitable America is expected to affect the unit value of Contracts participating in the Account. Accordingly, no provision for income taxes is required. However, Equitable America retains the right to charge for any federal income tax which is attributable to the Account if the law is changed.

 

 

3.   Fair Value Disclosures

Under GAAP, fair value is the price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. GAAP also establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value, and identifies three levels of inputs that may be used to measure fair value:

Level 1 — Quoted prices that are publicly available for identical assets in active markets. Level 1 fair values generally are supported by market transactions that occur with sufficient frequency and volume to provide pricing information on an ongoing basis.

Level 2 — Observable inputs other than Level 1 prices, such as quoted prices for similar assets, quoted prices in markets that are not active, and inputs to model-derived valuations that are directly observable or can be corroborated by observable market data.

Level 3 — Unobservable inputs supported by little or no market activity and often requiring significant judgment or estimation, such as an entity’s own assumptions about the cash flows or other significant components of value that market participants would use in pricing the asset or liability.

All investments of each Variable Investment Option of the Account have been classified as Level 1. There were no transfers between level 1, level 2 and level 3 during the year.

 

4.   Purchases and Sales of Portfolios

The cost of purchases and proceeds from sales of Portfolios for the period ended December 31, 2023 were as follows:

 

       Purchases      Sales  

1290 VT Convertible Securities

     $ 316,153      $ 20,127  

1290 VT DoubleLine Opportunistic Bond

       3,384,208        3,415,985  

1290 VT Equity Income

       1,278,367        140,889  

1290 VT GAMCO Mergers & Acquisitions

       597,274        64,957  

1290 VT GAMCO Small Company Value

       5,132,031        316,296  

1290 VT High Yield Bond

       1,419,183        65,281  

1290 VT Micro Cap

       352,576        14,983  

1290 VT Moderate Growth Allocation

       30,616,526        1,843,250  

1290 VT Multi-Alternative Strategies

       457,010        357,131  

1290 VT Natural Resources

       1,530,484        863,956  

1290 VT Real Estate

       635,761        72,186  

1290 VT Small Cap Value

       1,371,350        393,132  

1290 VT SmartBeta Equity ESG

       379,649        202,467  

1290 VT Socially Responsible

       635,578        57,955  

AB VPS Discovery Value Portfolio

       293,222        12,527  

AB VPS Relative Value Portfolio

       352,485        18,976  

AB VPS Sustainable Global Thematic Portfolio

       225,202        13,620  

American Century VP Inflation Protection Fund

       590,576        10,039  

American Funds Insurance Series® Asset Allocation Fund

       4,554,984        427,604  

American Funds Insurance Series® Global Growth Fund

       1,377,389        38,467  

American Funds Insurance Series® Global Small Capitalization Fund

       317,131        11,938  

American Funds Insurance Series® Growth-Income Fund

       1,869,190        101,686  

American Funds Insurance Series® International Growth and Income Fund

       741,255        22,537  

American Funds Insurance Series® New World Fund®

       1,608,128        139,173  

 

FSA-125


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

4.   Purchases and Sales of Portfolios (Continued)

 

       Purchases      Sales  

American Funds Insurance Series® The Bond Fund of America®

     $ 671,775      $ 256,586  

BlackRock Global Allocation V.I. Fund

       2,436,243        877,960  

BlackRock Large Cap Focus Growth V.I. Fund

       891,425        196,800  

ClearBridge Variable Appreciation Portfolio

       1,697,267        34,465  

ClearBridge Variable Mid Cap Portfolio

       447,168        94,965  

Delaware Ivy VIP High Income

       1,051,058        290,297  

Delaware VIP Emerging Markets Series

       235,550        9,877  

Eaton Vance VT Floating-Rate Income Fund

       4,234,922        352,717  

EQ/500 Managed Volatility

       945,434        8,409  

EQ/AB Dynamic Aggressive Growth

       100,671,348        5,979,604  

EQ/AB Dynamic Growth

       50,347,061        2,236,678  

EQ/AB Dynamic Moderate Growth

       38,483,991        1,868,472  

EQ/AB Short Duration Government Bond

       2,273,066        1,125,018  

EQ/AB Small Cap Growth

       2,023,437        166,922  

EQ/AB Sustainable U.S. Thematic

       84,087        427  

EQ/Aggressive Allocation

       974,217        55,817  

EQ/Aggressive Growth Strategy

       229,928,007        8,188,710  

EQ/All Asset Growth Allocation

       795,022        48,185  

EQ/American Century Mid Cap Value

       2,535,665        233,661  

EQ/American Century Moderate Growth Allocation

       22,446,493        1,269,903  

EQ/Balanced Strategy

       106,776,049        6,074,635  

EQ/ClearBridge Large Cap Growth ESG

       1,558,382        119,965  

EQ/ClearBridge Select Equity Managed Volatility

       656,751        108,478  

EQ/Common Stock Index

       4,232,236        444,408  

EQ/Conservative Allocation

       1,654,733        97,666  

EQ/Conservative Growth Strategy

       40,785,419        2,505,510  

EQ/Conservative Strategy

       27,609,859        3,497,706  

EQ/Core Bond Index

       5,443,658        445,765  

EQ/Core Plus Bond

       2,255,521        102,640  

EQ/Emerging Markets Equity PLUS

       842,140        51,525  

EQ/Equity 500 Index

       22,126,684        3,086,917  

EQ/Fidelity Institutional AM® Large Cap

       3,489,266        134,989  

EQ/Franklin Moderate Allocation

       28,856,367        778,812  

EQ/Franklin Rising Dividends

       5,217,887        279,306  

EQ/Goldman Sachs Growth Allocation

       82,469,204        1,554,710  

EQ/Goldman Sachs Mid Cap Value

       742,551        162,415  

EQ/Goldman Sachs Moderate Growth Allocation

       64,088,352        842,121  

EQ/Growth Strategy

       137,108,483        3,550,989  

EQ/Intermediate Corporate Bond

       49,996        45  

EQ/Intermediate Government Bond

       2,649,844        89,682  

EQ/International Core Managed Volatility

       138,011        54,128  

EQ/International Equity Index

       2,486,476        178,382  

EQ/Invesco Comstock

       1,026,885        155,080  

EQ/Invesco Global

       1,418,537        64,605  

EQ/Invesco Global Real Assets

       273,189        63,601  

EQ/Invesco Moderate Allocation

       27,357,685        1,166,704  

EQ/Invesco Moderate Growth Allocation

       39,202,502        795,396  

EQ/Janus Enterprise

       2,735,239        298,514  

EQ/JPMorgan Growth Allocation

       95,560,178        1,743,581  

EQ/JPMorgan Growth Stock

       7,229,776        678,568  

EQ/JPMorgan Value Opportunities

       7,399,569        277,458  

EQ/Large Cap Growth Index

       5,797,929        372,130  

EQ/Large Cap Value Index

       2,577,673        307,939  

 

FSA-126


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

4.   Purchases and Sales of Portfolios (Continued)

 

       Purchases      Sales  

EQ/Large Cap Value Managed Volatility

     $ 279,381      $ 154,777  

EQ/Lazard Emerging Markets Equity

       595,218        43,266  

EQ/Loomis Sayles Growth

       2,859,923        142,342  

EQ/MFS International Growth

       2,472,947        127,444  

EQ/MFS International Intrinsic Value

       2,242,089        145,535  

EQ/MFS Mid Cap Focused Growth

       421,209        33,427  

EQ/MFS Technology

       4,571,575        416,338  

EQ/MFS Utilities Series

       1,389,893        413,953  

EQ/Mid Cap Index

       3,832,121        279,781  

EQ/Mid Cap Value Managed Volatility

       143,764        50,354  

EQ/Moderate Allocation

       10,021,303        369,958  

EQ/Moderate Growth Strategy

       116,607,127        3,352,704  

EQ/Moderate-Plus Allocation

       4,827,982        483,427  

EQ/Money Market

       6,838,186,397        6,605,412,878  

EQ/PIMCO Global Real Return

       344,848        52,784  

EQ/PIMCO Real Return

       1,085,133        337,938  

EQ/PIMCO Total Return ESG

       2,190,169        491,151  

EQ/PIMCO Ultra Short Bond

       4,311,996        1,256,071  

EQ/Small Company Index

       2,348,478        219,635  

EQ/T. Rowe Price Health Sciences

       2,958,168        752,567  

EQ/Value Equity

       851,585        175,604  

EQ/Wellington Energy

       1,811,559        896,412  

Equitable Conservative Growth MF/ETF

       2,488,848        82,499  

Equitable Growth MF/ETF

       2,691,049        12,816  

Equitable Moderate Growth MF/ETF

       2,999,026        57,939  

Federated Hermes High Income Bond Fund II

       1,320,967        71,479  

Federated Hermes Kaufmann Fund II

       335,926        13,666  

Fidelity® VIP Mid Cap Portfolio

       2,787,845        119,037  

Fidelity® VIP Strategic Income Portfolio

       5,632,750        470,220  

First Trust Multi Income Allocation Portfolio

       491,919        57,175  

First Trust/Dow Jones Dividend & Income Allocation Portfolio

       2,394,192        81,756  

Franklin Allocation VIP Fund

       322,084        46,603  

Franklin Income VIP Fund

       3,998,042        291,471  

Hartford Disciplined Equity HLS Fund

       406,167        1,514  

Invesco V.I. Balanced-Risk Allocation Fund

       616,661        8,592  

Invesco V.I. Diversified Dividend Fund

       434,107        41,103  

Invesco V.I. Equity and Income Fund

       793,979        41,094  

Invesco V.I. Health Care Fund

       1,095,728        536,298  

Invesco V.I. High Yield Fund

       2,016,550        225,867  

Invesco V.I. Main Street Mid Cap Fund

       293,908        39,439  

Invesco V.I. Small Cap Equity Fund

       1,045,312        67,472  

Janus Henderson Balanced Portfolio

       10,279,266        1,375,696  

Janus Henderson Flexible Bond Portfolio

       1,292,112        127,219  

Lord Abbett Series Fund — Bond Debenture Portfolio

       3,143,192        472,497  

MFS® Investors Trust Series

       287,657        135,338  

MFS® Massachusetts Investors Growth Stock Portfolio

       360,401        113,991  

MFS® Value Series

       1,299,253        136,685  

Multimanager Aggressive Equity

       203,230        9,718  

Multimanager Technology

       2,851,027        451,974  

Neuberger Berman U.S. Equity Index PutWrite Strategy Portfolio

       34,163        6,484  

PIMCO CommodityRealReturn® Strategy Portfolio

       515,090        119,671  

PIMCO Emerging Markets Bond Portfolio

       53,346        111  

PIMCO Global Bond Opportunities Portfolio (Unhedged)

       507,355        3,102  

 

FSA-127


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

4.   Purchases and Sales of Portfolios (Concluded)

 

       Purchases      Sales  

PIMCO Global Managed Asset Allocation Portfolio

     $ 35,932      $ 499  

PIMCO Income Portfolio

       4,081,534        306,292  

Principal Blue Chip Account

       176,463        2,990  

Principal Equity Income Account

       126,535        1,978  

Profund VP Biotechnology

       270,601        97,807  

Putnam VT Global Asset Allocation Fund

       208,428        19,614  

Putnam VT Research Fund

       85,869        2,403  

T. Rowe Price Equity Income Portfolio

       1,384,227        169,927  

Templeton Developing Markets VIP Fund

       80,511        12,776  

Templeton Global Bond VIP Fund

       420,779        54,857  

 

5.   Expenses and Related Party Transactions

The assets in each Variable Investment Option are invested in shares of a corresponding Portfolio of the Trusts. Shares are offered by the Portfolios at net asset value. Shares in which the Variable Investment Options invest are categorized by the share class of the Portfolio. EQAT issues Class IA, Class IB and Class K shares. All share classes issued by EQAT are subject to fees for investment management, administration and other Portfolio expenses. Class IA and Class IB are also subject to distribution fees imposed under distribution plans (“Distribution Plans”) and adopted by EQAT in the manner prescribed under Rule 12b-1 under the 1940 Act. The Distribution Plans provide that EQAT, on behalf of each related Portfolio, may charge a maximum annual distribution fee (“12b-1 fee”) of 0.25% of the average daily net assets of a Portfolio attributable to its Class IA and Class IB shares. The class-specific expenses attributable to the investment in each share class of the Portfolios in which the Variable Investment Options invest are borne by the specific unit classes of the Variable Investment Options to which the investments are attributable.

EQAT, on behalf of each Portfolio, have entered into distribution agreements with Equitable Distributors, LLC (“Equitable Distributors”), an affiliate of Equitable America and Equitable Investment Management Group, LLC (“EIMG”). The Distribution Plans provide that Equitable Distributors will be entitled to receive a maximum 12b-1 fee as described above.

EIMG, an affiliate of Equitable America, serves as investment adviser of the Portfolios of EQAT. EIMG either (1) directly manages the Portfolios or (2) contracts with and oversees the activities of the investment sub-advisers with respect to the Portfolios. EIMG receives management fees for services performed in its capacity as investment adviser of the Portfolios of EQAT, and pays fees to the sub-advisers for sub-advisory services to the respective Portfolios. Equitable Investment Management, LLC (“EIM”), an affiliate of Equitable America, serves as administrator of the Portfolios of EQAT. As the administrator, EIM either (1) carries out its responsibilities directly or (2) through sub-contracting with third-party providers. EIM receives administrative fees for services performed in its capacity as administrator of the Portfolios of EQAT. Expenses of the Portfolios of EQAT generally vary, depending on net asset levels for individual Portfolios, and range from a low annual rate of 0.54% to a high of 2.36% (after waivers, reimbursements, fees paid indirectly and including indirect expenses, as applicable) of the average daily net assets of the Portfolios of EQAT. Since these fees and expenses are reflected in the net asset value of the shares of the Portfolios and the total returns of the Variable Investment Options, they are not included in the expenses or expense ratios of the Variable Investment Options.

Equitable America, Equitable Advisors, LLC (“Equitable Advisors”) or Equitable Distributors may directly or indirectly receive 12b-1 fees and additional payments from certain unaffiliated Portfolios, their advisers, sub-advisers, distributors or affiliates, for providing certain administrative, marketing, distribution and/or shareholder support services in connection with the Variable Investment Options’ investment in the Portfolios. These fees and payments range from 0.35% to 0.60% of the unaffiliated Portfolios’ average daily net assets. Equitable Advisors or Equitable Distributors may also receive payments from the advisers or subadvisers of the unaffiliated Portfolios or their affiliates for certain distribution services, including expenses for sales meetings or seminar sponsorships that may relate to the policies and/or the advisers’ respective Portfolios.

AllianceBernstein serves as an investment sub-advisor for a number of Portfolios in EQAT including the 1290 VT Natural Resources, 1290 VT Real Estate, EQ/AB Dynamic Aggressive Growth, EQ/AB Dynamic Growth, EQ/AB Dynamic Moderate Growth, EQ/AB Short Duration Government Bond, EQ/AB Small Cap Growth, EQ/AB Sustainable U.S. Thematic, EQ/

 

FSA-128


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

5.   Expenses and Related Party Transactions (Concluded)

 

Common Stock Index, EQ/Equity 500 Index, EQ/Intermediate Corporate Bond, EQ/International Equity Index, EQ/Large Cap Growth Index, EQ/Large Cap Value Index, EQ/Long-Term Bond, EQ/Mid Cap Index and EQ/Small Company Index as well as a portion of EQ/Emerging Markets Equity PLUS, EQ/Large Cap Value Managed Volatility, Multimanager Aggressive Equity and Multimanager Technology. AllianceBernstein is a limited partnership which is indirectly majority-owned by Equitable Holdings, Inc.

Equitable Advisors and Equitable Distributors are distributors and principal underwriters of the Contracts and the Account. They are both registered with the SEC as broker-dealers and are members of the Financial Industry Regulatory Authority (“FINRA”).

The Contracts are sold by financial professionals who are registered representatives of Equitable Advisors and licensed insurance agents of Equitable Network, LLC (“Equitable Network”), or its subsidiaries (affiliates of Equitable America). Equitable Network receives commissions under its General Sales Agreement with Equitable America and its Networking Agreement with Equitable Advisors. Equitable Advisors receives service-related payments under its Supervisory and Distribution Agreement with Equitable America. The financial professionals are compensated on a commission basis by Equitable Network. The Contracts are also sold through licensed insurance agencies (both affiliated and unaffiliated with Equitable America) and their affiliated broker-dealers (who are registered with the SEC and members of the FINRA) that have entered into selling agreements with Equitable Distributors. The licensed insurance agents who sell Equitable America policies for these companies are appointed as agents of Equitable America and are registered representatives of the broker-dealers under contract with Equitable Distributors.

Equitable Financial Life Insurance Company, an affiliate of Equitable America, serves as the transfer agent for EQAT.

 

6.   Asset-based Charges and Contractowner Charges

Charges are made directly against the net assets of the Account and are reflected daily in the computation of the unit values of the Contracts. These charges are reflected as “Asset-based Charges” in the Statement of Operations. Under the Contracts, Equitable America charges the account for the following:

 

     Mortality and
Expense Risks
    Asset-based
Administration
Charge
    Distribution
Charge
    Current
Aggregate
Charge
    Maximum
Aggregated
Charge
 

Retirement Cornerstone 19 — Series B

     0.80     0.30     0.20     1.30     1.30

Retirement Cornerstone 19 — Series CP

     1.05     0.35     0.25     1.65     1.65

Investment Edge 21 — B(1)

     0.60     0.30     0.10     1.00     1.00

Investment Edge 21 — ADV(1)

     0.00     0.00     0.00     0.00     0.00

Investment Edge 21 — Select(1)

     0.75     0.30     0.20     1.25     1.25

Structured Capital Strategies PLUS 21

     0.00                 0.00     0.00

Structured Capital Strategies Income B

     0.00                 0.00     0.00

Structured Capital Strategies Income ADV

     0.00                 0.00     0.00

Included as part of “Contract Maintenance Charges” in the Statements of Changes in Net Assets are certain administrative charges which are deducted from the Contractowners account value as a redemption of units.

 

  (1)   We may deduct an annual fund facilitator fee with a maximum charge of 0.70% as an annual percentage of daily assets in order to make certain Variable Investment Options available under the contract. Currently the fee does not apply to any of the Investment Options offered.

The table below lists the fees charged by the Variable Investment Option assessed as a redemption of units. The range presented represents the fees that are actually assessed. Actual amounts may vary or may be zero depending on the Contract or a Contractowner’s account value. These charges are reflected as part of “Contractowners Transactions” in the Statement of Changes in Net Assets.

 

FSA-129


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

6.   Asset-based Charges and Contractowner Charges (Concluded)

 

Charges

  

When charge

is deducted

  

Amount deducted

  

How deducted

Charges for state premium and other applicable taxes    At time of transaction    Varies by state    Applied to an annuity payout option
Annual Administrative charge    Annually on each contract date anniversary.    Depending on account value, in Years 1 to 2 lesser of $30 or 2% of account value, thereafter $30.    Unit liquidation from account value
Contract Maintenance Fee    Annually on each contract date anniversary.    Depending on the account value, if less than $50,000 the fee is $50, for amounts of $50,000 or higher, $0.    Unit liquidation from account value
Withdrawal charge    At time of transaction    Low – 0%    Unit liquidation from account value
      High – 8% in contract years 1 and 2. The charge declines 1% each contract year until it reaches 0% in contract year 10.
      Note – Depending on the contract and/or certain elections made under the contract, the withdrawal charge may or may not apply.   
Charge for each additional transfer in excess of 12 transfers per contract year    At time of transaction   

Maximum Charge $35

Current Charge $0

   Unit liquidation from account value
Special service charges         
Express mail charge    At time of transaction    Current and Maximum Charge: $35    Unit liquidation from account value
Wire transfer charge    At time of transaction    Current and Maximum Charge: $90    Unit liquidation from account value
Duplicate contract charge    At time of transaction    Current and Maximum Charge: $35    Unit liquidation from account value
Check preparation charge    At time of transaction   

Maximum Charge: $85

Current charge: $0

   Unit liquidation from account value
Charge for third party transfer or exchange    At time of transaction   

Maximum Charge: $125

Current charge: $65

   Unit liquidation from account value
      Note –This charge is currently waived. This waiver may discontinue at any time without notice.   
Guaranteed Minimum Income Benefit    Annually on each contract anniversary    Current charge: 1.40%. Maximum charge 2.50%.    Unit liquidation from account value
Return of Principal Death Benefit Charge    Annually on each contract anniversary    Current charge: 0.35%. Maximum charge 2.50%.    Unit liquidation from account value
RMD Wealth Death Benefit    Annually on each contract anniversary   

Issue age 20-64: Maximum charge: 1.20 Current charge: 0.60%

Issue age 65-68: 2.00% — 1.00%

   Unit liquidation from account value
Highest Anniversary Value (HAV)    Annually on each contract anniversary    Current and max charge 0.35%    Unit liquidation from account value
Return of Premium Death Benefit    Annually on each contract anniversary    Current charge 0.30% max charge 0.50%    Unit liquidation from account value

 

FSA-130


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

7.   Reorganizations

There were no reorganizations within the Variable Investment Options of the Account during the year ended December 31, 2023.

In November 2022, pursuant to the Plan of Reorganization and Termination as approved by contractholders, certain Portfolios (each, a “Surviving Portfolio”, and collectively, the “Surviving Portfolios”) acquired the net assets of other Portfolios (each, a “Removed Portfolio”, and collectively, the “Removed Portfolios”). Correspondingly, the Variable Investment Options that invested in the Removed Portfolios were replaced with the Variable Investment Options that invest in the Surviving Portfolios.

 

     
       Removed Portfolio        Surviving Portfolio  
         

November 04, 2022

      

EQ/AXA Investment
Managers Moderate

Allocation

 
 

 

               

1290 VT Moderate

Growth Allocation

 

 

          

Shares Class

       Class IB             Class IB       

Shares

       288,338             2,001,704       

Net Asset Value

     $ 10.05           $ 10.44       

Net Assets Before Merger

     $ 2,896,486           $ 18,006,871       

Net Assets After Merger

     $           $ 20,903,357       

Realized Loss

     $ (468,768                               

November 04, 2022

      

EQ/First Trust

Moderate Growth

Allocation

 

 

 

      

EQ/Invesco

Moderate Growth

Allocation

 

 

 

Shares Class

       Class IB             Class IB       

Shares

       1,318,872             2,545,887       

Net Asset Value

     $ 10.16           $ 9.53       

Net Assets Before Merger

     $ 13,398,656           $ 10,851,815       

Net Assets After Merger

     $           $ 24,250,471       

Unrealized Loss

     $ (1,851,927                               

November 04, 2022

      

EQ/Franklin Growth

Allocation

 

 

      

EQ/JPMorgan

Growth Allocation

 

 

Shares Class

       Class IB             Class IB       

Shares

       710,295             3,504,088       

Net Asset Value

     $ 9.68           $ 9.99       

Net Assets Before Merger

     $ 6,873,865           $ 28,140,337       

Net Assets After Merger

     $           $ 35,014,202       

Unrealized Loss

     $ (923,658                               

November 11, 2022

      

1290 VT Low

Volatility Global

Equity

 

 

 

      

EQ/Common Stock

Index

 

 

Shares Class

       Class IB             Class IA       

Shares

       43,838             64,855       

Net Asset Value

     $ 4.90           $ 39.94       

Net Assets Before Merger

     $ 214,752           $ 2,375,419       

Net Assets After Merger

     $           $ 2,590,171       

Realized Loss

     $ (151,117                               
     

November 11, 2022

      

EQ/Franklin Strategic

Income

 

 

       EQ/Core Plus Bond  

Shares Class

       Class IB             Class B       

Shares

       33,390             85,536       

Net Asset Value

     $ 8.72           $ 3.41       

Net Assets Before Merger

     $ 291,272           $       

Net Assets After Merger

     $           $ 291,272       

Realized Loss

     $ (39,228             

 

FSA-131


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

7.   Reorganizations (Concluded)

 

     
       Removed Portfolio        Surviving Portfolio  
         

November 11, 2022

      

EQ/Invesco

International Growth

 

 

               

EQ/MFS International

Growth

 

 

          

Shares Class

       Class IB             Class IA       

Shares

       3,071             126,946       

Net Asset Value

     $ 32.58           $ 6.97       

Net Assets Before Merger

     $ 100,056           $ 784,669       

Net Assets After Merger

     $           $ 884,725       

Realized Loss

     $ (38,206                               

 

8.   Financial Highlights

The ranges for the total return ratios and unit values correspond to the product groupings that produced the lowest and highest expense ratios. The lowest and the highest contract charge represents the annual contract expenses consisting of mortality, expense risk, financial accounting and other expenses, for each period indicated. This ratio includes only those expenses that result in direct reduction to unit value. Charges made directly to Contractowner account through the redemption of units and expenses of the respective Portfolio have been excluded. The summary may not reflect the minimum and maximum contract charges offered by the Company as Contractowners may not have selected all available and applicable contract options. Due to the timing of the introduction of new products into the Variable Account, contract charges and related unit values and total returns may fall outside of the ranges presented in the financial highlights.

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

1290 VT Convertible Securities

                       
2023  

Lowest contract charge 1.00% Class IB(l)

       $15.77                            12.56%
 

Highest contract charge 1.25% Class IB(l)

       $17.51                            12.32%
 

All contract charges

              19        $312        4.62%      

1290 VT DoubleLine Opportunistic Bond

                       
2023  

Lowest contract charge 1.00% Class IB

       $10.07                            5.56%
 

Highest contract charge 1.30% Class IB

       $9.82                            5.14%
 

All contract charges

              100        $1,002        1.58%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $9.54                            1.60%
 

Highest contract charge 1.30% Class IB

       $9.34                            (14.47)%
 

All contract charges

              115        $1,093        6.60%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $10.92                            (0.91)%
 

Highest contract charge 1.30% Class IB(a)

       $10.92                            (0.91)%
 

All contract charges

              23        $249        5.05%      

1290 VT Equity Income

                       
2023  

Lowest contract charge 1.30% Class IA

       $30.52                            4.02%
 

Highest contract charge 1.65% Class IA(c)

       $29.03                            3.68%
 

All contract charges

              20        $620        3.20%      
2022  

Lowest contract charge 1.30% Class IA

       $29.34                            1.73%
 

Highest contract charge 1.30% Class IA

       $29.34                            1.73%
 

All contract charges

              5        $158        3.02%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $28.84                            17.43%
 

Highest contract charge 1.30% Class IA(a)

       $28.84                            17.43%
 

All contract charges

              2        $47        3.22%      

1290 VT Equity Income

                       
2023  

Lowest contract charge 1.00% Class IB

       $16.74                            4.36%
 

Highest contract charge 1.25% Class IB(k)

       $18.59                            4.15%
 

All contract charges

              40        $669        3.20%      

 

FSA-132


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

1290 VT Equity Income (Continued)

                       
2022  

Lowest contract charge 1.00% Class IB(k)

       $16.04                            1.97%
 

Highest contract charge 1.00% Class IB(k)

       $16.04                            1.97%
 

All contract charges

                     $5        3.02%      

1290 VT GAMCO Mergers & Acquisitions

                       
2023  

Lowest contract charge 1.30% Class IA

       $15.42                            8.13%
 

Highest contract charge 1.65% Class IA

       $14.66                            7.71%
 

All contract charges

              13        $206        2.78%      
2022  

Lowest contract charge 1.30% Class IA

       $14.26                            (7.28)%
 

Highest contract charge 1.65% Class IA

       $13.61                            (7.60)%
 

All contract charges

              13        $181        0.39%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $15.38                            5.20%
 

Highest contract charge 1.65% Class IA(a)

       $14.73                            4.84%
 

All contract charges

              8        $125        1.42%      

1290 VT GAMCO Mergers & Acquisitions

                       
2023  

Lowest contract charge 1.00% Class IB(l)

       $12.08                            8.34%
 

Highest contract charge 1.25% Class IB(l)

       $12.41                            8.10%
 

All contract charges

              43        $522        2.78%      

1290 VT GAMCO Small Company Value

                       
2023  

Lowest contract charge 1.30% Class IA

       $39.91                            19.49%
 

Highest contract charge 1.65% Class IA

       $37.95                            19.04%
 

All contract charges

              92        $3,685        0.92%      
2022  

Lowest contract charge 1.30% Class IA

       $33.40                            (11.83)%
 

Highest contract charge 1.65% Class IA

       $31.88                            (12.15)%
 

All contract charges

              70        $2,330        0.66%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $37.88                            12.97%
 

Highest contract charge 1.65% Class IA(a)

       $36.29                            12.67%
 

All contract charges

              41        $1,549        1.31%      

1290 VT GAMCO Small Company Value

                       
2023  

Lowest contract charge 0.00% Class IB(k)

       $22.06                            21.01%
 

Highest contract charge 1.25% Class IB

       $19.89                            19.53%
 

All contract charges

              213        $3,996        0.92%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $15.44                            (1.78)%
 

Highest contract charge 1.25% Class IB(k)

       $16.64                            (1.83)%
 

All contract charges

              6        $100        0.66%      

1290 VT High Yield Bond

                       
2023  

Lowest contract charge 1.00% Class IB

       $12.50                            11.31%
 

Highest contract charge 1.65% Class IB

       $12.87                            10.57%
 

All contract charges

              151        $1,951        9.61%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $11.23                            0.18%
 

Highest contract charge 1.65% Class IB(a)

       $11.64                            (11.75)%
 

All contract charges

              47        $554        7.21%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $13.61                            2.18%
 

Highest contract charge 1.30% Class IB(a)

       $13.61                            2.18%
 

All contract charges

              19        $262        12.24%      

1290 VT Micro Cap

                       
2023  

Lowest contract charge 1.00% Class IB

       $14.28                            6.49%
 

Highest contract charge 1.65% Class IB

       $13.82                            5.74%
 

All contract charges

              38        $549        0.83%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $13.41                            (3.80)%
 

Highest contract charge 1.65% Class IB

       $13.07                            (27.15)%
 

All contract charges

              14        $187        0.17%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $18.15                            (12.40)%
 

Highest contract charge 1.65% Class IB(a)

       $17.94                            (12.70)%
 

All contract charges

              10        $184        0.00%      

 

FSA-133


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

1290 VT Moderate Growth Allocation (d)

                       
2023  

Lowest contract charge 1.30% Class IB

       $12.28                            14.77%
 

Highest contract charge 1.65% Class IB

       $12.07                            14.41%
 

All contract charges

              4,610        $56,604        2.22%      
2022  

Lowest contract charge 1.30% Class IB

       $10.70                            (18.38)%
 

Highest contract charge 1.65% Class IB

       $10.55                            (18.72)%
 

All contract charges

              2,137        $22,851        2.22%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $13.11                            8.80%
 

Highest contract charge 1.65% Class IB(a)

       $12.98                            8.53%
 

All contract charges

              781        $10,240        1.63%      

1290 VT Multi-Alternative Strategies

                       
2023  

Lowest contract charge 1.00% Class IB

       $10.02                            3.94%
 

Highest contract charge 1.25% Class IB(k)

       $ 9.92                            3.77%
 

All contract charges

              11        $110        3.24%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $ 9.64                            (0.92)%
 

Highest contract charge 1.00% Class IB(k)

       $ 9.64                            (0.92)%
 

All contract charges

              1        $6        0.00%      

1290 VT Natural Resources

                       
2023  

Lowest contract charge 1.00% Class IB

       $13.28                            0.08%
 

Highest contract charge 1.65% Class IB

       $11.49                            (0.52)%
 

All contract charges

              106        $1,301        4.25%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $13.27                            (2.43)%
 

Highest contract charge 1.65% Class IB

       $11.55                            30.21%
 

All contract charges

              54        $667        6.94%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $ 9.15                            10.77%
 

Highest contract charge 1.65% Class IB(a)

       $ 8.87                            10.60%
 

All contract charges

              11        $98        7.40%      

1290 VT Real Estate

                       
2023  

Lowest contract charge 1.00% Class IB

       $10.73                            8.38%
 

Highest contract charge 1.30% Class IB

       $12.12                            8.02%
 

All contract charges

              82        $922        4.26%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $ 9.90                            (0.60)%
 

Highest contract charge 1.30% Class IB

       $11.22                            (25.99)%
 

All contract charges

              27        $304        0.20%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $15.16                            20.03%
 

Highest contract charge 1.30% Class IB(a)

       $15.16                            20.03%
 

All contract charges

              15        $230        9.72%      

1290 VT Small Cap Value

                       
2023  

Lowest contract charge 1.00% Class IB

       $14.03                            4.70%
 

Highest contract charge 1.65% Class IB

       $13.58                            3.98%
 

All contract charges

              143        $1,988        1.49%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $13.40                            (4.83)%
 

Highest contract charge 1.65% Class IB

       $13.06                            (1.58)%
 

All contract charges

              80        $1,052        0.52%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $13.42                            15.00%
 

Highest contract charge 1.65% Class IB(a)

       $13.27                            14.69%
 

All contract charges

              26        $349        2.41%      

1290 VT SmartBeta Equity ESG

                       
2023  

Lowest contract charge 1.00% Class IB

       $18.51                            15.40%
 

Highest contract charge 1.30% Class IB

       $15.40                            15.10%
 

All contract charges

              71        $1,225        1.56%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $16.04                            (0.80)%
 

Highest contract charge 1.30% Class IB

       $13.38                            (15.69)%
 

All contract charges

              64        $921        1.76%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $15.87                            20.05%
 

Highest contract charge 1.30% Class IB(a)

       $15.87                            20.05%
 

All contract charges

              21        $332        3.88%      

 

FSA-134


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

1290 VT Socially Responsible

                       
2023  

Lowest contract charge 1.00% Class IB(k)

       $22.65                            26.18%
 

Highest contract charge 1.65% Class IB

       $12.77                            25.32%
 

All contract charges

              35        $633        1.70%      
2022  

Lowest contract charge 1.65% Class IB(k)

       $10.19                            (2.77)%
 

Highest contract charge 1.65% Class IB(k)

       $10.19                            (2.77)%
 

All contract charges

                     $1        0.00%      

AB VPS Discovery Value Portfolio

                       
2023  

Lowest contract charge 1.00% Class B(l)

       $16.38                            15.68%
 

Highest contract charge 1.25% Class B(l)

       $16.66                            15.45%
 

All contract charges

              18        $292        1.03%      

AB VPS Relative Value Portfolio

                       
2023  

Lowest contract charge 1.00% Class B

       $19.48                            10.62%
 

Highest contract charge 1.00% Class B

       $19.48                            10.62%
 

All contract charges

              17        $331        1.40%      
2022  

Lowest contract charge 1.00% Class B(k)

       $17.61                            (1.89)%
 

Highest contract charge 1.00% Class B(k)

       $17.61                            (1.89)%
 

All contract charges

                     $3        0.00%      

AB VPS Sustainable Global Thematic Portfolio

                       
2023  

Lowest contract charge 1.00% Class B

       $19.56                            14.52%
 

Highest contract charge 1.25% Class B(k)

       $20.16                            14.22%
 

All contract charges

              18        $360        0.03%      
2022  

Lowest contract charge 1.00% Class B(k)

       $17.08                            (1.44)%
 

Highest contract charge 1.00% Class B(k)

       $17.08                            (1.44)%
 

All contract charges

              7        $122        0.00%      

American Century VP Inflation Protection Fund

                       
2023  

Lowest contract charge 1.00% Class II

       $10.49                            2.34%
 

Highest contract charge 1.25% Class II

       $10.35                            2.17%
 

All contract charges

              57        $591        4.38%      
2022  

Lowest contract charge 1.00% Class II(k)

       $10.25                            0.69%
 

Highest contract charge 1.25% Class II(k)

       $10.13                            0.60%
 

All contract charges

              1        $11        0.00%      

American Funds Insurance Series® Asset Allocation Fund

                       
2023  

Lowest contract charge 0.00% Class 4(k)

       $19.73                            14.05%
 

Highest contract charge 1.25% Class 4(k)

       $17.79                            12.59%
 

All contract charges

              268        $4,521        4.04%      
2022  

Lowest contract charge 1.00% Class 4(k)

       $14.59                            (0.07)%
 

Highest contract charge 1.00% Class 4(k)

       $14.59                            (0.07)%
 

All contract charges

              10        $143        0.29%      

American Funds Insurance Series® Global Growth Fund

                       
2023  

Lowest contract charge 1.00% Class 4

       $19.73                            21.12%
 

Highest contract charge 1.25% Class 4

       $22.51                            20.76%
 

All contract charges

              69        $1,419        1.26%      
2022  

Lowest contract charge 1.00% Class 4(k)

       $16.29                            0.49%
 

Highest contract charge 1.25% Class 4(k)

       $18.64                            0.49%
 

All contract charges

                     $6        0.31%      

American Funds Insurance Series® Global Small Capitalization Fund

                       
2023  

Lowest contract charge 1.00% Class 4

       $14.15                            14.67%
 

Highest contract charge 1.65% Class 4

       $16.87                            13.91%
 

All contract charges

              32        $499        0.03%      
2022  

Lowest contract charge 1.00% Class 4(k)

       $12.34                            (1.99)%
 

Highest contract charge 1.65% Class 4(a)

       $14.81                            (30.86)%
 

All contract charges

              10        $149        0.00%      
2021  

Lowest contract charge 1.30% Class 4(a)

       $22.10                            (3.41)%
 

Highest contract charge 1.30% Class 4(a)

       $22.10                            (3.41)%
 

All contract charges

              4        $88        0.00%      

 

FSA-135


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

American Funds Insurance Series® Growth-Income Fund

                       
2023  

Lowest contract charge 0.00% Class 4(k)

       $28.15                            25.84%
 

Highest contract charge 1.25% Class 4

       $25.38                            24.23%
 

All contract charges

              92        $2,026        1.83%      
2022  

Lowest contract charge 1.00% Class 4(k)

       $17.44                            (0.68)%
 

Highest contract charge 1.25% Class 4(k)

       $20.43                            (0.68)%
 

All contract charges

              5        $85        0.00%      

American Funds Insurance Series® International Growth and Income Fund

                       
2023  

Lowest contract charge 0.00% Class 4(k)

       $13.41                            15.60%
 

Highest contract charge 1.25% Class 4

       $12.09                            14.16%
 

All contract charges

              72        $866        4.01%      
2022  

Lowest contract charge 1.00% Class 4(k)

       $10.48                            3.25%
 

Highest contract charge 1.25% Class 4(k)

       $10.59                            3.22%
 

All contract charges

              10        $105        0.00%      

American Funds Insurance Series® New World Fund®

                       
2023  

Lowest contract charge 0.00% Class 4(k)

       $15.24                            15.63%
 

Highest contract charge 1.65% Class 4

       $14.10                            13.71%
 

All contract charges

              158        $2,261        2.00%      
2022  

Lowest contract charge 1.25% Class 4(k)

       $12.03                            (0.25)%
 

Highest contract charge 1.65% Class 4

       $12.40                            (23.50)%
 

All contract charges

              49        $617        1.32%      
2021  

Lowest contract charge 1.30% Class 4(a)

       $16.73                            (1.99)%
 

Highest contract charge 1.65% Class 4(a)

       $16.21                            (2.29)%
 

All contract charges

              14        $235        0.97%      

American Funds Insurance Series® The Bond Fund of America®

                       
2023  

Lowest contract charge 1.30% Class 4

       $10.21                            3.44%
 

Highest contract charge 1.30% Class 4

       $10.21                            3.44%
 

All contract charges

              122        $1,247        3.67%      
2022  

Lowest contract charge 1.30% Class 4

       $ 9.87                            (13.95)%
 

Highest contract charge 1.30% Class 4

       $ 9.87                            (13.95)%
 

All contract charges

              83        $819        3.53%      
2021  

Lowest contract charge 1.30% Class 4(a)

       $11.47                            (0.26)%
 

Highest contract charge 1.30% Class 4(a)

       $11.47                            (0.26)%
 

All contract charges

              42        $486        2.17%      

BlackRock Global Allocation V.I. Fund

                       
2023  

Lowest contract charge 0.00% Class III(k)

       $15.69                            12.47%
 

Highest contract charge 1.65% Class III

       $16.79                            10.68%
 

All contract charges

              177        $2,601        3.21%      
2022  

Lowest contract charge 1.00% Class III(k)

       $11.99                            (0.75)%
 

Highest contract charge 1.65% Class III(a)

       $15.17                            (17.46)%
 

All contract charges

              53        $852        0.00%      
2021  

Lowest contract charge 1.30% Class III(a)

       $19.19                            2.29%
 

Highest contract charge 1.30% Class III(a)

       $19.19                            2.29%
 

All contract charges

              10        $198        1.26%      

BlackRock Large Cap Focus Growth V.I. Fund

                       
2023  

Lowest contract charge 1.30% Class III

       $54.24                            50.50%
 

Highest contract charge 1.65% Class III

       $51.58                            49.94%
 

All contract charges

              39        $2,109        0.00%      
2022  

Lowest contract charge 1.30% Class III

       $36.04                            (39.05)%
 

Highest contract charge 1.65% Class III

       $34.40                            (39.27)%
 

All contract charges

              25        $892        0.00%      
2021  

Lowest contract charge 1.30% Class III(a)

       $59.13                            14.57%
 

Highest contract charge 1.65% Class III(a)

       $56.64                            14.22%
 

All contract charges

              18        $1,068        0.00%      

 

FSA-136


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

        Years Ended December 31,
        Unit Value   Units Outstanding
(000’s)
  Accumulation
Unit Values
(000’s)
  Investment
Income Ratio*
  Total
Return**

ClearBridge Variable Appreciation Portfolio

                   
2023  

Lowest contract charge 1.30% Class II

      $21.76                         17.88%
 

Highest contract charge 1.30% Class II

      $21.76                         17.88%
 

All contract charges

            80       $1,733       1.82%      
2022  

Lowest contract charge 1.30% Class II

      $18.46                         (13.78)%
 

Highest contract charge 1.30% Class II

      $18.46                         (13.78)%
 

All contract charges

            1       $12       1.58%      
2021  

Lowest contract charge 1.30% Class II(a)

      $21.41                         20.42%
 

Highest contract charge 1.30% Class II(a)

      $21.41                         20.42%
 

All contract charges

                  $2       0.50%      

ClearBridge Variable Mid Cap Portfolio

                   
2023  

Lowest contract charge 1.30% Class II

      $15.64                         11.16%
 

Highest contract charge 1.30% Class II

      $15.64                         11.16%
 

All contract charges

            36       $570       0.02%      
2022  

Lowest contract charge 1.30% Class II

      $14.07                         (26.45)%
 

Highest contract charge 1.30% Class II

      $14.07                         (26.45)%
 

All contract charges

            12       $172       0.10%      
2021  

Lowest contract charge 1.30% Class II(a)

      $19.13                         16.86%
 

Highest contract charge 1.30% Class II(a)

      $19.13                         16.86%
 

All contract charges

            12       $223       0.00%      

Delaware Ivy VIP High Income

                   
2023  

Lowest contract charge 1.30% Class II

      $19.54                         10.27%
 

Highest contract charge 1.65% Class II

      $18.59                         9.93%
 

All contract charges

            126       $2,464       6.24%      
2022  

Lowest contract charge 1.30% Class II

      $17.72                         (12.10)%
 

Highest contract charge 1.65% Class II(a)

      $16.91                         (12.43)%
 

All contract charges

            91       $1,600       6.01%      
2021  

Lowest contract charge 1.30% Class II(a)

      $20.16                         2.08%
 

Highest contract charge 1.30% Class II(a)

      $20.16                         2.08%
 

All contract charges

            49       $989       2.96%      

Delaware VIP Emerging Markets Series

                   
2023  

Lowest contract charge 1.00% Service Class

      $11.68                         12.31%
 

Highest contract charge 1.25% Service Class(k)

      $10.94                         12.09%
 

All contract charges

            23       $264       0.75%      
2022  

Lowest contract charge 1.00% Service Class(k)

      $10.40                         1.96%
 

Highest contract charge 1.00% Service Class(k)

      $10.40                         1.96%
 

All contract charges

            2       $19       0.00%      

Eaton Vance VT Floating-Rate Income Fund

                   
2023  

Lowest contract charge 0.00% Initial Class(k)

      $13.51                         11.19%
 

Highest contract charge 1.30% Initial Class

      $12.07                         9.83%
 

All contract charges

            365       $4,439       8.36%      
2022  

Lowest contract charge 1.00% Initial Class(k)

      $11.03                         0.18%
 

Highest contract charge 1.30% Initial Class

      $10.99                         (4.02)%
 

All contract charges

            46       $509       4.98%      
2021  

Lowest contract charge 1.30% Initial Class(a)

      $11.45                         1.15%
 

Highest contract charge 1.30% Initial Class(a)

      $11.45                         1.15%
 

All contract charges

            5       $52       2.37%      

EQ/500 Managed Volatility

                   
2023  

Lowest contract charge 1.00% Class IB(l)

      $12.49                         24.03%
 

Highest contract charge 1.25% Class IB(l)

      $12.45                         23.63%
 

All contract charges

            76       $953       2.55%      

EQ/AB Dynamic Aggressive Growth

                   
2023  

Lowest contract charge 1.30% Class IB

      $12.29                         15.29%
 

Highest contract charge 1.65% Class IB

      $12.03                         14.90%
 

All contract charges

            11,015       $135,363       1.62%      

 

FSA-137


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/AB Dynamic Aggressive Growth (Continued)

                       
2022  

Lowest contract charge 1.30% Class IB

       $10.66                            (17.56)%
 

Highest contract charge 1.65% Class IB

       $10.47                            (17.82)%
 

All contract charges

              2,823        $30,080        0.00%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $12.93                            11.95%
 

Highest contract charge 1.65% Class IB(a)

       $12.74                            11.56%
 

All contract charges

              930        $12,029        0.21%      

EQ/AB Dynamic Growth

                       
2023  

Lowest contract charge 1.30% Class IB

       $12.88                            13.48%
 

Highest contract charge 1.65% Class IB

       $12.49                            13.13%
 

All contract charges

              6,648        $85,585        1.36%      
2022  

Lowest contract charge 1.30% Class IB

       $11.35                            (16.61)%
 

Highest contract charge 1.65% Class IB

       $11.04                            (16.93)%
 

All contract charges

              2,680        $30,406        0.00%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $13.61                            10.20%
 

Highest contract charge 1.65% Class IB(a)

       $13.29                            9.83%
 

All contract charges

              876        $11,915        1.21%      

EQ/AB Dynamic Moderate Growth

                       
2023  

Lowest contract charge 1.00% Class IB

       $12.58                            11.72%
 

Highest contract charge 1.65% Class IB

       $14.59                            11.04%
 

All contract charges

              4,505        $68,758        1.48%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $11.26                            (0.79)%
 

Highest contract charge 1.65% Class IB

       $13.14                            (16.04)%
 

All contract charges

              1,990        $27,263        0.87%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $16.26                            8.04%
 

Highest contract charge 1.65% Class IB(a)

       $15.65                            7.78%
 

All contract charges

              736        $11,976        3.17%      

EQ/AB Short Duration Government Bond

                       
2023  

Lowest contract charge 1.00% Class IB(k)

       $ 9.73                            3.29%
 

Highest contract charge 1.25% Class IB

       $ 9.33                            2.98%
 

All contract charges

              161        $1,544        2.96%      
2022  

Lowest contract charge 1.25% Class IB(k)

       $ 9.06                            0.44%
 

Highest contract charge 1.25% Class IB(k)

       $ 9.06                            0.44%
 

All contract charges

              42        $384        0.00%      

EQ/AB Small Cap Growth

                       
2023  

Lowest contract charge 1.30% Class IA

       $40.16                            16.20%
 

Highest contract charge 1.65% Class IA

       $38.19                            15.80%
 

All contract charges

              55        $2,189        0.35%      
2022  

Lowest contract charge 1.30% Class IA

       $34.56                            (29.38)%
 

Highest contract charge 1.65% Class IA

       $32.98                            (29.65)%
 

All contract charges

              40        $1,364        0.20%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $48.94                            0.78%
 

Highest contract charge 1.65% Class IA(a)

       $46.88                            0.47%
 

All contract charges

              18        $875        0.00%      

EQ/AB Small Cap Growth

                       
2023  

Lowest contract charge 1.00% Class IB

       $17.72                            16.58%
 

Highest contract charge 1.25% Class IB

       $19.30                            16.27%
 

All contract charges

              83        $1,489        0.35%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $15.20                            (5.00)%
 

Highest contract charge 1.25% Class IB(k)

       $16.60                            (5.03)%
 

All contract charges

              3        $55        0.20%      

EQ/AB Sustainable U.S. Thematic

                       
2023  

Lowest contract charge 1.00% Class IB(l)

       $10.15                            19.27%
 

Highest contract charge 1.30% Class IB(l)

       $12.43                            18.95%
 

All contract charges

              9        $91        0.59%      

 

FSA-138


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/Aggressive Allocation

                       
2023  

Lowest contract charge 1.00% Class IB

       $16.53                            17.23%
 

Highest contract charge 1.25% Class IB

       $17.99                            16.89%
 

All contract charges

              65        $1,094        2.36%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $14.10                            (1.74)%
 

Highest contract charge 1.25% Class IB(k)

       $15.39                            (1.79)%
 

All contract charges

              8        $110        1.95%      

EQ/Aggressive Growth Strategy

                       
2023  

Lowest contract charge 1.30% Class IB

       $21.85                            16.66%
 

Highest contract charge 1.65% Class IB

       $20.96                            16.25%
 

All contract charges

              17,466        $381,500        2.03%      
2022  

Lowest contract charge 1.30% Class IB

       $18.73                            (19.41)%
 

Highest contract charge 1.65% Class IB

       $18.03                            (19.69)%
 

All contract charges

              6,968        $130,414        1.41%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $23.24                            10.14%
 

Highest contract charge 1.65% Class IB(a)

       $22.45                            9.78%
 

All contract charges

              2,025        $47,024        5.78%      

EQ/All Asset Growth Allocation

                       
2023  

Lowest contract charge 1.30% Class IA

       $20.20                            12.72%
 

Highest contract charge 1.65% Class IA

       $19.21                            12.27%
 

All contract charges

              26        $526        4.68%      
2022  

Lowest contract charge 1.30% Class IA

       $17.92                            (15.59)%
 

Highest contract charge 1.65% Class IA

       $17.11                            (15.88)%
 

All contract charges

              10        $189        1.84%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $21.23                            5.36%
 

Highest contract charge 1.65% Class IA(a)

       $20.34                            5.06%
 

All contract charges

              6        $121        11.01%      

EQ/All Asset Growth Allocation

                       
2023  

Lowest contract charge 1.00% Class IB(l)

       $13.67                            12.98%
 

Highest contract charge 1.25% Class IB(l)

       $13.49                            12.70%
 

All contract charges

              34        $459        4.68%      

EQ/American Century Mid Cap Value

                       
2023  

Lowest contract charge 0.00% Class IB(k)

       $22.86                            5.98%
 

Highest contract charge 1.65% Class IB

       $33.82                            4.25%
 

All contract charges

              159        $3,550        2.36%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $16.73                            (0.30)%
 

Highest contract charge 1.65% Class IB

       $32.44                            (3.11)%
 

All contract charges

              48        $1,247        4.69%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $34.96                            14.96%
 

Highest contract charge 1.65% Class IB(a)

       $33.48                            14.58%
 

All contract charges

              5        $206        2.76%      

EQ/American Century Moderate Growth Allocation

                       
2023  

Lowest contract charge 1.30% Class IB

       $11.73                            14.11%
 

Highest contract charge 1.65% Class IB

       $11.53                            13.82%
 

All contract charges

              2,983        $34,986        2.35%      
2022  

Lowest contract charge 1.30% Class IB

       $10.28                            (18.35)%
 

Highest contract charge 1.65% Class IB

       $10.13                            (18.70)%
 

All contract charges

              1,060        $10,893        1.91%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $12.59                            6.88%
 

Highest contract charge 1.65% Class IB(a)

       $12.46                            6.50%
 

All contract charges

              487        $6,136        2.14%      

EQ/Balanced Strategy

                       
2023  

Lowest contract charge 1.30% Class IB

       $17.35                            11.79%
 

Highest contract charge 1.65% Class IB

       $16.50                            11.34%
 

All contract charges

              10,260        $177,678        2.23%      

 

FSA-139


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/Balanced Strategy (Continued)

                       
2022  

Lowest contract charge 1.30% Class IB

       $15.52                            (16.69)%
 

Highest contract charge 1.65% Class IB

       $14.82                            (16.93)%
 

All contract charges

              4,218        $65,351        1.63%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $18.63                            5.31%
 

Highest contract charge 1.65% Class IB(a)

       $17.84                            4.94%
 

All contract charges

              1,259        $23,446        3.74%      

EQ/ClearBridge Large Cap Growth ESG

                       
2023  

Lowest contract charge 1.00% Class IB(k)

       $18.57                            44.40%
 

Highest contract charge 1.30% Class IB

       $18.32                            44.03%
 

All contract charges

              94        $1,722        0.00%      
2022  

Lowest contract charge 1.30% Class IB

       $12.72                            (33.02)%
 

Highest contract charge 1.30% Class IB

       $12.72                            (33.02)%
 

All contract charges

              8        $103        0.00%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $18.99                            20.04%
 

Highest contract charge 1.30% Class IB(a)

       $18.99                            20.04%
 

All contract charges

              4        $70        0.00%      

EQ/ClearBridge Select Equity Managed Volatility

                       
2023  

Lowest contract charge 1.00% Class IA

       $17.86                            23.34%
 

Highest contract charge 1.65% Class IA

       $17.30                            22.61%
 

All contract charges

              74        $1,297        0.80%      
2022  

Lowest contract charge 1.00% Class IA(k)

       $14.48                            (2.56)%
 

Highest contract charge 1.65% Class IA

       $14.11                            (28.30)%
 

All contract charges

              39        $563        0.67%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $19.90                            15.30%
 

Highest contract charge 1.65% Class IA(a)

       $19.68                            14.95%
 

All contract charges

              12        $227        0.71%      

EQ/Common Stock Index(h)

                       
2023  

Lowest contract charge 1.30% Class IA

       $42.95                            23.53%
 

Highest contract charge 1.65% Class IA

       $40.84                            23.05%
 

All contract charges

              97        $4,168        1.50%      
2022  

Lowest contract charge 1.30% Class IA

       $34.77                            (20.54)%
 

Highest contract charge 1.65% Class IA

       $33.19                            (20.81)%
 

All contract charges

              73        $2,525        0.96%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $43.76                            18.59%
 

Highest contract charge 1.65% Class IA(a)

       $41.91                            18.22%
 

All contract charges

              44        $1,901        1.56%      

EQ/Common Stock Index(h)

                       
2023  

Lowest contract charge 1.00% Class IB

       $21.96                            23.93%
 

Highest contract charge 1.25% Class IB(k)

       $25.62                            23.59%
 

All contract charges

              128        $2,969        1.50%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $17.72                            (3.22)%
 

Highest contract charge 1.00% Class IB(k)

       $17.72                            (3.22)%
 

All contract charges

              3        $50        0.96%      

EQ/Conservative Allocation

                       
2023  

Lowest contract charge 1.00% Class IB

       $ 9.92                            6.90%
 

Highest contract charge 1.25% Class IB

       $ 9.84                            6.61%
 

All contract charges

              165        $1,634        4.02%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $ 9.28                            0.54%
 

Highest contract charge 1.25% Class IB(k)

       $ 9.23                            0.54%
 

All contract charges

              6        $52        3.13%      

EQ/Conservative Growth Strategy

                       
2023  

Lowest contract charge 1.30% Class IB

       $15.41                            10.15%
 

Highest contract charge 1.65% Class IB

       $14.65                            9.74%
 

All contract charges

              4,923        $75,798        2.21%      

 

FSA-140


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/Conservative Growth Strategy (Continued)

                       
2022  

Lowest contract charge 1.30% Class IB

       $13.99                            (15.62)%
 

Highest contract charge 1.65% Class IB

       $13.35                            (15.93)%
 

All contract charges

              2,380        $33,277        1.60%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $16.58                            3.69%
 

Highest contract charge 1.65% Class IB(a)

       $15.88                            3.39%
 

All contract charges

              736        $12,202        3.51%      

EQ/Conservative Strategy

                       
2023  

Lowest contract charge 1.30% Class IB

       $12.07                            6.81%
 

Highest contract charge 1.65% Class IB

       $11.48                            6.49%
 

All contract charges

              3,357        $40,439        2.48%      
2022  

Lowest contract charge 1.30% Class IB

       $11.30                            (13.41)%
 

Highest contract charge 1.65% Class IB

       $10.78                            (13.76)%
 

All contract charges

              1,291        $14,533        1.89%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $13.05                            0.62%
 

Highest contract charge 1.65% Class IB(a)

       $12.50                            0.32%
 

All contract charges

              280        $3,654        2.60%      

EQ/Core Bond Index

                       
2023  

Lowest contract charge 1.00% Class IB

       $ 9.81                            3.48%
 

Highest contract charge 1.65% Class IB

       $ 9.87                            2.81%
 

All contract charges

              634        $6,292        3.42%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $ 9.48                            0.74%
 

Highest contract charge 1.65% Class IB(a)

       $ 9.60                            (10.20)%
 

All contract charges

              122        $1,219        2.15%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $11.16                            (2.36)%
 

Highest contract charge 1.30% Class IB(a)

       $11.16                            (2.36)%
 

All contract charges

              51        $564        3.45%      

EQ/Core Plus Bond (i)

                       
2023  

Lowest contract charge 1.00% Class IB(k)

       $10.83                            3.54%
 

Highest contract charge 1.65% Class IB

       $ 8.52                            2.90%
 

All contract charges

              264        $2,599        3.95%      
2022  

Lowest contract charge 1.30% Class IB(g)

       $ 8.33                            2.71%
 

Highest contract charge 1.65% Class IB(g)

       $ 8.28                            2.60%
 

All contract charges

              49        $408        2.63%      

EQ/Emerging Markets Equity PLUS

                       
2023  

Lowest contract charge 1.00% Class IB(k)

       $10.30                            9.23%
 

Highest contract charge 1.30% Class IB

       $ 9.86                            8.95%
 

All contract charges

              106        $1,067        4.25%      
2022  

Lowest contract charge 1.30% Class IB

       $ 9.05                            (18.69)%
 

Highest contract charge 1.30% Class IB

       $ 9.05                            (18.69)%
 

All contract charges

              27        $240        2.47%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $11.13                            (9.22)%
 

Highest contract charge 1.30% Class IB(a)

       $11.13                            (9.22)%
 

All contract charges

              15        $172        2.53%      

EQ/Equity 500 Index

                       
2023  

Lowest contract charge 1.30% Class IA

       $44.38                            23.97%
 

Highest contract charge 1.65% Class IA

       $42.21                            23.53%
 

All contract charges

              313        $13,859        1.71%      
2022  

Lowest contract charge 1.30% Class IA

       $35.80                            (19.60)%
 

Highest contract charge 1.65% Class IA

       $34.17                            (19.88)%
 

All contract charges

              205        $7,350        1.39%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $44.53                            22.44%
 

Highest contract charge 1.65% Class IA(a)

       $42.65                            22.07%
 

All contract charges

              106        $4,741        1.53%      

 

FSA-141


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/Equity 500 Index

                       
2023  

Lowest contract charge 0.00% Class IB(k)

       $29.98                            25.54%
 

Highest contract charge 1.25% Class IB

       $27.03                            23.99%
 

All contract charges

              701        $16,575        1.71%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $18.54                            (2.93)%
 

Highest contract charge 1.25% Class IB(k)

       $21.80                            (2.94)%
 

All contract charges

              26        $482        1.39%      

EQ/Fidelity Institutional AM® Large Cap

                       
2023  

Lowest contract charge 1.00% Class IB

       $22.68                            30.12%
 

Highest contract charge 1.65% Class IB

       $40.99                            29.22%
 

All contract charges

              149        $4,289        0.75%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $17.43                            (3.33)%
 

Highest contract charge 1.65% Class IB

       $31.72                            (22.37)%
 

All contract charges

              16        $546        0.64%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $42.65                            17.72%
 

Highest contract charge 1.65% Class IB(a)

       $40.86                            17.38%
 

All contract charges

              7        $311        0.74%      

EQ/Franklin Moderate Allocation

                       
2023  

Lowest contract charge 1.30% Class IB

       $12.38                            10.73%
 

Highest contract charge 1.65% Class IB

       $12.04                            10.36%
 

All contract charges

              3,116        $38,555        2.51%      
2022  

Lowest contract charge 1.30% Class IB

       $11.18                            (15.30)%
 

Highest contract charge 1.65% Class IB

       $10.91                            (15.56)%
 

All contract charges

              745        $8,329        1.65%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $13.20                            4.51%
 

Highest contract charge 1.65% Class IB(a)

       $12.92                            4.11%
 

All contract charges

              191        $2,526        0.46%      

EQ/Franklin Rising Dividends

                       
2023  

Lowest contract charge 1.00% Class IB

       $22.03                            10.98%
 

Highest contract charge 1.65% Class IB

       $26.94                            10.27%
 

All contract charges

              269        $6,509        1.64%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $19.85                            (0.25)%
 

Highest contract charge 1.65% Class IB

       $24.43                            (12.09)%
 

All contract charges

              50        $1,243        1.36%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $28.68                            24.91%
 

Highest contract charge 1.65% Class IB(a)

       $27.79                            24.56%
 

All contract charges

              10        $298        1.25%      

EQ/Goldman Sachs Growth Allocation

                       
2023  

Lowest contract charge 1.00% Class IB(n)

       $11.28                            8.36%
 

Highest contract charge 1.65% Class IB

       $12.35                            15.64%
 

All contract charges

              9,760        $122,574        3.42%      
2022  

Lowest contract charge 1.30% Class IB

       $10.83                            (16.50)%
 

Highest contract charge 1.65% Class IB

       $10.68                            (16.82)%
 

All contract charges

              2,994        $32,412        1.23%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $12.97                            8.99%
 

Highest contract charge 1.65% Class IB(a)

       $12.84                            8.72%
 

All contract charges

              826        $10,711        0.29%      

EQ/Goldman Sachs Mid Cap Value

                       
2023  

Lowest contract charge 1.00% Class IB (n)

       $11.80                            14.01%
 

Highest contract charge 1.65% Class IB(c)

       $32.04                            9.39%
 

All contract charges

              40        $1,221        0.96%      
2022  

Lowest contract charge 1.30% Class IB

       $30.69                            (11.76)%
 

Highest contract charge 1.30% Class IB

       $30.69                            (11.76)%
 

All contract charges

              19        $572        0.83%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $34.78                            19.72%
 

Highest contract charge 1.30% Class IB(a)

       $34.78                            19.72%
 

All contract charges

              7        $244        0.70%      

 

FSA-142


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/Goldman Sachs Moderate Growth Allocation

                       
2023  

Lowest contract charge 1.30% Class IB

       $12.58                            12.52%
 

Highest contract charge 1.65% Class IB

       $12.20                            12.13%
 

All contract charges

              7,451        $93,666        3.81%      
2022  

Lowest contract charge 1.30% Class IB

       $11.18                            (16.94)%
 

Highest contract charge 1.65% Class IB

       $10.88                            (17.20)%
 

All contract charges

              2,236        $24,972        0.91%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $13.46                            7.59%
 

Highest contract charge 1.65% Class IB(a)

       $13.14                            7.18%
 

All contract charges

              698        $9,395        0.07%      

EQ/Growth Strategy

                       
2023  

Lowest contract charge 1.30% Class IB

       $21.91                            15.01%
 

Highest contract charge 1.65% Class IB

       $20.83                            14.58%
 

All contract charges

              11,275        $246,792        2.01%      
2022  

Lowest contract charge 1.30% Class IB

       $19.05                            (18.52)%
 

Highest contract charge 1.65% Class IB

       $18.18                            (18.80)%
 

All contract charges

              4,988        $94,922        1.29%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $23.38                            8.44%
 

Highest contract charge 1.65% Class IB(a)

       $22.39                            8.11%
 

All contract charges

              2,139        $50,006        5.10%      

EQ/Intermediate Corporate Bond

                       
2023  

Lowest contract charge 1.00% Class IB (n)

       $10.93                            7.58%
 

Highest contract charge 1.00% Class IB (n)

       $10.93                            7.58%
 

All contract charges

              5        $52        1.26%      

EQ/Intermediate Government Bond

                       
2023  

Lowest contract charge 1.00% Class IB

       $ 9.41                            2.84%
 

Highest contract charge 1.30% Class IB

       $ 9.49                            2.48%
 

All contract charges

              290        $2,712        11.85%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $ 9.15                            0.44%
 

Highest contract charge 1.30% Class IB

       $ 9.26                            (8.77)%
 

All contract charges

              17        $155        1.26%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $10.15                            (2.59)%
 

Highest contract charge 1.30% Class IB(a)

       $10.15                            (2.59)%
 

All contract charges

              8        $79        1.70%      

EQ/International Core Managed Volatility

                       
2023  

Lowest contract charge 1.30% Class IA

       $14.80                            15.26%
 

Highest contract charge 1.30% Class IA

       $14.80                            15.26%
 

All contract charges

              19        $274        2.05%      
2022  

Lowest contract charge 1.30% Class IA

       $12.84                            (15.25)%
 

Highest contract charge 1.30% Class IA

       $12.84                            (15.25)%
 

All contract charges

              13        $163        1.75%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $15.15                            4.63%
 

Highest contract charge 1.30% Class IA(a)

       $15.15                            4.63%
 

All contract charges

              6        $92        4.77%      

EQ/International Equity Index

                       
2023  

Lowest contract charge 1.30% Class IA

       $15.68                            17.54%
 

Highest contract charge 1.65% Class IA

       $14.91                            17.03%
 

All contract charges

              103        $1,609        4.56%      
2022  

Lowest contract charge 1.30% Class IA

       $13.34                            (13.09)%
 

Highest contract charge 1.65% Class IA(a)

       $12.74                            (13.33)%
 

All contract charges

              71        $945        2.87%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $15.35                            4.85%
 

Highest contract charge 1.30% Class IA(a)

       $15.35                            4.85%
 

All contract charges

              48        $736        5.06%      

 

FSA-143


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/International Equity Index

                       
2023  

Lowest contract charge 1.00% Class IB

       $12.81                            17.85%
 

Highest contract charge 1.25% Class IB(k)

       $12.82                            17.61%
 

All contract charges

              152        $1,949        4.56%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $10.87                            2.35%
 

Highest contract charge 1.00% Class IB(k)

       $10.87                            2.35%
 

All contract charges

              3        $29        2.87%      

EQ/Invesco Comstock

                       
2023  

Lowest contract charge 1.30% Class IA

       $35.53                            10.55%
 

Highest contract charge 1.65% Class IA

       $33.79                            10.14%
 

All contract charges

              38        $1,353        2.48%      
2022  

Lowest contract charge 1.30% Class IA

       $32.14                            (0.80)%
 

Highest contract charge 1.65% Class IA(a)

       $30.68                            (1.13)%
 

All contract charges

              15        $489        2.24%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $32.40                            19.69%
 

Highest contract charge 1.30% Class IA(a)

       $32.40                            19.69%
 

All contract charges

              5        $175        2.65%      

EQ/Invesco Comstock

                       
2023  

Lowest contract charge 1.00% Class IB(n)

       $11.27                            9.63%
 

Highest contract charge 1.00% Class IB(n)

       $11.27                            9.63%
 

All contract charges

              1        $6        2.48%      

EQ/Invesco Global

                       
2023  

Lowest contract charge 1.30% Class IA

       $29.33                            32.12%
 

Highest contract charge 1.65% Class IA

       $27.89                            31.62%
 

All contract charges

              60        $1,774        0.00%      
2022  

Lowest contract charge 1.30% Class IA

       $22.20                            (32.91)%
 

Highest contract charge 1.65% Class IA

       $21.19                            (33.15)%
 

All contract charges

              36        $796        0.00%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $33.09                            9.03%
 

Highest contract charge 1.65% Class IA(a)

       $31.70                            8.71%
 

All contract charges

              15        $503        0.00%      

EQ/Invesco Global

                       
2023  

Lowest contract charge 1.00% Class IB

       $17.66                            32.48%
 

Highest contract charge 1.25% Class IB(k)

       $19.58                            32.12%
 

All contract charges

              41        $772        0.00%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $13.33                            (2.56)%
 

Highest contract charge 1.00% Class IB(k)

       $13.33                            (2.56)%
 

All contract charges

                     $6        0.00%      

EQ/Invesco Global Real Assets

                       
2023  

Lowest contract charge 1.00% Class IB

       $12.03                            8.97%
 

Highest contract charge 1.65% Class IB(c)

       $18.28                            8.36%
 

All contract charges

              33        $524        2.72%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $11.04                            (1.34)%
 

Highest contract charge 1.30% Class IB

       $17.68                            (10.16)%
 

All contract charges

              17        $293        1.83%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $19.68                            15.83%
 

Highest contract charge 1.30% Class IB(a)

       $19.68                            15.83%
 

All contract charges

              12        $243        6.20%      

EQ/Invesco Moderate Allocation

                       
2023  

Lowest contract charge 1.30% Class IB

       $12.03                            10.37%
 

Highest contract charge 1.65% Class IB

       $11.67                            9.99%
 

All contract charges

              3,524        $42,379        2.40%      
2022  

Lowest contract charge 1.30% Class IB

       $10.90                            (13.97)%
 

Highest contract charge 1.65% Class IB

       $10.61                            (14.30)%
 

All contract charges

              1,258        $13,708        0.47%      

 

FSA-144


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/Invesco Moderate Allocation (Continued)

                       
2021  

Lowest contract charge 1.30% Class IB(a)

       $12.67                            5.32%
 

Highest contract charge 1.65% Class IB(a)

       $12.38                            5.09%
 

All contract charges

              415        $5,251        0.00%      

EQ/Invesco Moderate Growth Allocation(e)

                       
2023  

Lowest contract charge 1.30% Class IB

       $12.51                            13.93%
 

Highest contract charge 1.65% Class IB

       $12.30                            13.57%
 

All contract charges

              5,864        $73,338        3.32%      
2022  

Lowest contract charge 1.30% Class IB

       $10.98                            (16.76)%
 

Highest contract charge 1.65% Class IB

       $10.83                            (17.08)%
 

All contract charges

              2,656        $29,154        1.80%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $13.19                            7.41%
 

Highest contract charge 1.65% Class IB(a)

       $13.06                            7.14%
 

All contract charges

              305        $4,021        0.47%      

EQ/Janus Enterprise

                       
2023  

Lowest contract charge 1.30% Class IA

       $32.78                            15.50%
 

Highest contract charge 1.65% Class IA

       $31.17                            15.06%
 

All contract charges

              57        $1,846        0.05%      
2022  

Lowest contract charge 1.30% Class IA

       $28.38                            (17.67)%
 

Highest contract charge 1.65% Class IA

       $27.09                            (17.93)%
 

All contract charges

              39        $1,103        0.00%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $34.47                            11.45%
 

Highest contract charge 1.65% Class IA(a)

       $33.01                            11.07%
 

All contract charges

              24        $836        0.14%      

EQ/Janus Enterprise

                       
2023  

Lowest contract charge 1.00% Class IB

       $18.20                            15.85%
 

Highest contract charge 1.25% Class IB

       $19.60                            15.57%
 

All contract charges

              123        $2,293        0.05%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $15.71                            (0.57)%
 

Highest contract charge 1.25% Class IB(k)

       $16.96                            (0.59)%
 

All contract charges

              24        $417        0.00%      

EQ/JPMorgan Growth Allocation(f)

                       
2023  

Lowest contract charge 1.00% Class IB(n)

       $11.02                            6.47%
 

Highest contract charge 1.65% Class IB

       $12.25                            11.97%
 

All contract charges

              11,445        $143,275        3.62%      
2022  

Lowest contract charge 1.30% Class IB

       $11.14                            (14.64)%
 

Highest contract charge 1.65% Class IB

       $10.94                            (14.93)%
 

All contract charges

              3,680        $40,978        0.78%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $13.05                            8.21%
 

Highest contract charge 1.65% Class IB(a)

       $12.86                            7.89%
 

All contract charges

              869        $11,333        0.00%      

EQ/JPMorgan Growth Stock

                       
2023  

Lowest contract charge 1.30% Class IA

       $47.24                            44.42%
 

Highest contract charge 1.65% Class IA

       $44.93                            43.91%
 

All contract charges

              105        $4,958        0.00%      
2022  

Lowest contract charge 1.30% Class IA

       $32.71                            (39.44)%
 

Highest contract charge 1.65% Class IA

       $31.22                            (39.65)%
 

All contract charges

              73        $2,379        0.00%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $54.01                            10.20%
 

Highest contract charge 1.65% Class IA(a)

       $51.73                            9.88%
 

All contract charges

              30        $1,625        0.00%      

EQ/JPMorgan Growth Stock

                       
2023  

Lowest contract charge 0.00% Class IB(k)

       $29.82                            46.32%
 

Highest contract charge 1.25% Class IB

       $26.89                            44.49%
 

All contract charges

              205        $4,797        0.00%      

 

FSA-145


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/JPMorgan Growth Stock (Continued)

                       
2022  

Lowest contract charge 1.00% Class IB(k)

       $15.67                            (5.77)%
 

Highest contract charge 1.25% Class IB(k)

       $18.61                            (5.82)%
 

All contract charges

              6        $97        0.00%      

EQ/JPMorgan Value Opportunities

                       
2023  

Lowest contract charge 0.00% Class IB(k)

       $17.03                            10.94%
 

Highest contract charge 1.65% Class IB

       $15.76                            9.07%
 

All contract charges

              663        $10,722        2.07%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $14.82                            (2.18)%
 

Highest contract charge 1.65% Class IB

       $14.45                            (1.43)%
 

All contract charges

              226        $3,323        1.45%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $14.83                            9.53%
 

Highest contract charge 1.65% Class IB(a)

       $14.66                            9.16%
 

All contract charges

              74        $1,106        1.42%      

EQ/Large Cap Growth Index

                       
2023  

Lowest contract charge 1.30% Class IA

       $58.24                            39.73%
 

Highest contract charge 1.65% Class IA

       $55.39                            39.24%
 

All contract charges

              56        $3,271        0.35%      
2022  

Lowest contract charge 1.30% Class IA

       $41.68                            (30.45)%
 

Highest contract charge 1.65% Class IA

       $39.78                            (30.71)%
 

All contract charges

              34        $1,420        0.34%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $59.93                            23.47%
 

Highest contract charge 1.65% Class IA(a)

       $57.41                            23.09%
 

All contract charges

              14        $ 818        0.11%      

EQ/Large Cap Growth Index

                       
2023  

Lowest contract charge 1.00% Class IB

       $28.63                            40.21%
 

Highest contract charge 1.25% Class IB

       $34.25                            39.80%
 

All contract charges

              177        $5,255        0.35%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $20.42                            (4.98)%
 

Highest contract charge 1.25% Class IB(k)

       $24.50                            (5.00)%
 

All contract charges

              20        $458        0.34%      

EQ/Large Cap Value Index

                       
2023  

Lowest contract charge 1.30% Class IA

       $31.45                            9.32%
 

Highest contract charge 1.65% Class IA

       $29.91                            8.92%
 

All contract charges

              52        $1,639        2.27%      
2022  

Lowest contract charge 1.30% Class IA

       $28.77                            (9.41)%
 

Highest contract charge 1.65% Class IA

       $27.46                            (9.73)%
 

All contract charges

              38        $1,105        2.19%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $31.76                            15.57%
 

Highest contract charge 1.65% Class IA(a)

       $30.42                            15.23%
 

All contract charges

              16        $514        2.48%      

EQ/Large Cap Value Index

                       
2023  

Lowest contract charge 1.00% Class IB

       $16.79                            9.60%
 

Highest contract charge 1.25% Class IB

       $19.21                            9.33%
 

All contract charges

              116        $2,006        2.27%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $15.32                            (1.35)%
 

Highest contract charge 1.25% Class IB(k)

       $17.57                            (1.35)%
 

All contract charges

              8        $127        2.19%      

EQ/Large Cap Value Managed Volatility

                       
2023  

Lowest contract charge 1.30% Class IA

       $29.87                            12.50%
 

Highest contract charge 1.30% Class IA

       $29.87                            12.50%
 

All contract charges

              27        $813        1.65%      
2022  

Lowest contract charge 1.30% Class IA

       $26.55                            (12.75)%
 

Highest contract charge 1.30% Class IA

       $26.55                            (12.75)%
 

All contract charges

              24        $649        1.64%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $30.43                            16.37%
 

Highest contract charge 1.30% Class IA(a)

       $30.43                            16.37%
 

All contract charges

              12        $370        2.29%      

 

FSA-146


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/Lazard Emerging Markets Equity

                       
2023  

Lowest contract charge 1.00% Class IB

       $11.15                            20.41%
 

Highest contract charge 1.65% Class IB

       $12.09                            19.70%
 

All contract charges

              69        $787        6.81%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $ 9.26                            1.98%
 

Highest contract charge 1.65% Class IB

       $10.10                            (16.32)%
 

All contract charges

              16        $174        5.21%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $12.60                            0.48%
 

Highest contract charge 1.65% Class IB(a)

       $12.07                            0.17%
 

All contract charges

              8        $109        5.91%      

EQ/Loomis Sayles Growth

                       
2023  

Lowest contract charge 1.30% Class IA

       $47.57                            41.87%
 

Highest contract charge 1.65% Class IA

       $45.24                            41.38%
 

All contract charges

              49        $2,349        0.00%      
2022  

Lowest contract charge 1.30% Class IA

       $33.53                            (28.92)%
 

Highest contract charge 1.65% Class IA

       $32.00                            (29.17)%
 

All contract charges

              17        $585        0.00%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $47.17                            12.18%
 

Highest contract charge 1.65% Class IA(a)

       $45.18                            11.83%
 

All contract charges

              6        $287        0.00%      

EQ/Loomis Sayles Growth

                       
2023  

Lowest contract charge 1.00% Class IB

       $27.18                            42.30%
 

Highest contract charge 1.25% Class IB

       $32.04                            41.96%
 

All contract charges

              63        $1,829        0.00%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $19.10                            (3.49)%
 

Highest contract charge 1.25% Class IB(k)

       $22.57                            (3.51)%
 

All contract charges

              17        $373        0.00%      

EQ/MFS International Growth (j)

                       
2023  

Lowest contract charge 1.30% Class IA

       $21.53                            12.90%
 

Highest contract charge 1.65% Class IA

       $20.48                            12.53%
 

All contract charges

              80        $1,731        1.97%      
2022  

Lowest contract charge 1.30% Class IA

       $19.07                            (16.29)%
 

Highest contract charge 1.65% Class IA

       $18.20                            (16.59)%
 

All contract charges

              48        $911        1.13%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $22.78                            6.15%
 

Highest contract charge 1.65% Class IA(a)

       $21.82                            5.82%
 

All contract charges

              23        $521        0.51%      

EQ/MFS International Growth (j)

                       
2023  

Lowest contract charge 0.00% Class IB(k)

       $17.73                            14.39%
 

Highest contract charge 1.25% Class IB

       $15.98                            12.93%
 

All contract charges

              119        $1,947        1.97%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $14.07                            0.21%
 

Highest contract charge 1.25% Class IB(k)

       $14.15                            0.21%
 

All contract charges

              21        $301        1.13%      

EQ/MFS International Intrinsic Value

                       
2023  

Lowest contract charge 1.00% Class IB

       $15.59                            16.17%
 

Highest contract charge 1.65% Class IB

       $24.03                            15.42%
 

All contract charges

              183        $3,658        1.81%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $13.42                            (0.52)%
 

Highest contract charge 1.65% Class IB

       $20.82                            (25.05)%
 

All contract charges

              60        $1,306        0.54%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $29.00                            9.89%
 

Highest contract charge 1.65% Class IB(a)

       $27.78                            9.59%
 

All contract charges

              31        $897        0.73%      

 

FSA-147


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/MFS Mid Cap Focused Growth

                       
2023  

Lowest contract charge 1.30% Class IB

       $42.96                            20.74%
 

Highest contract charge 1.65% Class IB

       $40.86                            20.32%
 

All contract charges

              25        $1,080        0.00%      
2022  

Lowest contract charge 1.30% Class IB

       $35.58                            (28.00)%
 

Highest contract charge 1.65% Class IB

       $33.96                            (28.26)%
 

All contract charges

              15        $546        0.00%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $49.42                            19.08%
 

Highest contract charge 1.65% Class IB(a)

       $47.34                            18.74%
 

All contract charges

              9        $459        0.00%      

EQ/MFS Technology

                       
2023  

Lowest contract charge 0.00% Class IB(k)

       $19.64                            54.16%
 

Highest contract charge 1.65% Class IB

       $63.11                            51.56%
 

All contract charges

              231        $7,892        0.00%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $12.30                            (4.13)%
 

Highest contract charge 1.65% Class IB

       $41.64                            (37.34)%
 

All contract charges

              48        $1,961        0.00%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $69.38                            7.20%
 

Highest contract charge 1.65% Class IB(a)

       $66.45                            6.87%
 

All contract charges

              23        $1,584        0.00%      

EQ/MFS Utilities Series

                       
2023  

Lowest contract charge 1.00% Class IB

       $14.14                            (3.35)%
 

Highest contract charge 1.65% Class IB

       $24.81                            (3.99)%
 

All contract charges

              82        $1,653        2.62%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $14.63                            3.83%
 

Highest contract charge 1.65% Class IB

       $25.84                            (1.22)%
 

All contract charges

              29        $771        9.38%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $27.31                            17.01%
 

Highest contract charge 1.65% Class IB(a)

       $26.16                            16.68%
 

All contract charges

              9        $242        3.68%      

EQ/Mid Cap Index

                       
2023  

Lowest contract charge 1.30% Class IA

       $38.01                            14.25%
 

Highest contract charge 1.65% Class IA

       $36.15                            13.82%
 

All contract charges

              65        $2,457        1.49%      
2022  

Lowest contract charge 1.30% Class IA

       $33.27                            (14.74)%
 

Highest contract charge 1.65% Class IA

       $31.76                            (15.01)%
 

All contract charges

              48        $1,584        1.15%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $39.02                            11.77%
 

Highest contract charge 1.65% Class IA(a)

       $37.37                            11.45%
 

All contract charges

              31        $1,179        1.16%      

EQ/Mid Cap Index

                       
2023  

Lowest contract charge 0.00% Class IB(k)

       $22.92                            15.76%
 

Highest contract charge 1.25% Class IB(k)

       $20.66                            14.27%
 

All contract charges

              167        $3,077        1.49%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $15.81                            (2.95)%
 

Highest contract charge 1.00% Class IB(k)

       $15.81                            (2.95)%
 

All contract charges

              5        $76        1.15%      

EQ/Mid Cap Value Managed Volatility

                       
2023  

Lowest contract charge 1.30% Class IA

       $30.86                            11.73%
 

Highest contract charge 1.65% Class IA

       $29.35                            11.34%
 

All contract charges

              20        $625        1.50%      
2022  

Lowest contract charge 1.30% Class IA

       $27.62                            (15.69)%
 

Highest contract charge 1.65% Class IA

       $26.36                            (16.00)%
 

All contract charges

              18        $498        1.11%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $32.76                            15.27%
 

Highest contract charge 1.65% Class IA(a)

       $31.38                            14.90%
 

All contract charges

              11        $356        1.39%      

 

FSA-148


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/Moderate Allocation

                       
2023  

Lowest contract charge 1.30% Class IA

       $16.80                            10.89%
 

Highest contract charge 1.65% Class IA

       $15.98                            10.51%
 

All contract charges

              127        $2,135        3.54%      
2022  

Lowest contract charge 1.30% Class IA

       $15.15                            (16.57)%
 

Highest contract charge 1.65% Class IA

       $14.46                            (16.85)%
 

All contract charges

              61        $923        1.24%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $18.16                            4.01%
 

Highest contract charge 1.65% Class IA(a)

       $17.39                            3.64%
 

All contract charges

              50        $913        5.08%      

EQ/Moderate Allocation

                       
2023  

Lowest contract charge 1.00% Class IB

       $12.96                            11.24%
 

Highest contract charge 1.25% Class IB(k)

       $13.44                            10.98%
 

All contract charges

              682        $8,873        3.54%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $11.65                            (0.34)%
 

Highest contract charge 1.00% Class IB(k)

       $11.65                            (0.34)%
 

All contract charges

              11        $124        1.24%      

EQ/Moderate Growth Strategy

                       
2023  

Lowest contract charge 1.30% Class IB

       $19.53                            13.35%
 

Highest contract charge 1.65% Class IB

       $18.58                            13.02%
 

All contract charges

              10,213        $198,960        2.15%      
2022  

Lowest contract charge 1.30% Class IB

       $17.23                            (17.56)%
 

Highest contract charge 1.65% Class IB

       $16.44                            (17.88)%
 

All contract charges

              4,293        $73,686        1.37%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $20.90                            6.85%
 

Highest contract charge 1.65% Class IB(a)

       $20.02                            6.55%
 

All contract charges

              1,468        $30,600        4.52%      

EQ/Moderate-Plus Allocation

                       
2023  

Lowest contract charge 1.00% Class IB

       $14.72                            14.20%
 

Highest contract charge 1.25% Class IB

       $15.63                            13.92%
 

All contract charges

              336        $4,999        2.79%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $12.89                            (1.15)%
 

Highest contract charge 1.25% Class IB(k)

       $13.72                            (1.22)%
 

All contract charges

              33        $437        4.23%      

EQ/Money Market

                       
2023  

Lowest contract charge 1.30% Class IA

       $ 9.11                            3.17%
 

Highest contract charge 1.65% Class IA(c)

       $ 9.44                            2.72%
 

All contract charges

              2,311        $21,086        4.46%      
2022  

Lowest contract charge 1.30% Class IA

       $ 8.83                            (0.23)%
 

Highest contract charge 1.30% Class IA

       $ 8.83                            (0.23)%
 

All contract charges

              451        $3,982        2.51%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $ 8.85                            (1.01)%
 

Highest contract charge 1.65% Class IA(a)

       $ 8.48                            (1.17)%
 

All contract charges

              11        $99        0.00%      

EQ/Money Market

                       
2023  

Lowest contract charge 0.00% Class IB

       $10.00                            4.49%
 

Highest contract charge 1.25% Class IB(k)

       $ 9.63                            3.22%
 

All contract charges

              24,722        $258,854        4.46%      
2022  

Lowest contract charge 0.00% Class IB(k)

       $ 9.57                            0.42%
 

Highest contract charge 1.65% Class IB

       $ 9.19                            (0.54)%
 

All contract charges

              4,360        $43,216        2.51%      
2021  

Lowest contract charge 1.65% Class IB(a)

       $ 9.24                            (1.28)%
 

Highest contract charge 1.65% Class IB(a)

       $ 9.24                            (1.28)%
 

All contract charges

              29        $270        0.00%      

 

FSA-149


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/PIMCO Global Real Return

                       
2023  

Lowest contract charge 1.00% Class IB(k)

       $10.62                            3.11%
 

Highest contract charge 1.30% Class IB

       $10.49                            2.84%
 

All contract charges

              48        $509        2.03%      
2022  

Lowest contract charge 1.30% Class IB

       $10.20                            (17.27)%
 

Highest contract charge 1.30% Class IB

       $10.20                            (17.27)%
 

All contract charges

              20        $206        12.78%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $12.33                            6.48%
 

Highest contract charge 1.30% Class IB(a)

       $12.33                            6.48%
 

All contract charges

              9        $110        18.98%      

EQ/PIMCO Real Return

                       
2023  

Lowest contract charge 1.30% Class IB

       $12.27                            2.25%
 

Highest contract charge 1.65% Class IB

       $11.67                            1.92%
 

All contract charges

              125        $1,543        1.60%      
2022  

Lowest contract charge 1.30% Class IB

       $12.00                            (12.54)%
 

Highest contract charge 1.65% Class IB

       $11.45                            (12.86)%
 

All contract charges

              66        $788        8.18%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $13.72                            5.38%
 

Highest contract charge 1.65% Class IB(a)

       $13.14                            5.04%
 

All contract charges

              29        $393        9.78%      

EQ/PIMCO Total Return ESG

                       
2023  

Lowest contract charge 1.00% Class IB

       $10.18                            4.62%
 

Highest contract charge 1.65% Class IB

       $11.21                            3.99%
 

All contract charges

              283        $3,119        3.78%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $ 9.73                            1.67%
 

Highest contract charge 1.65% Class IB

       $10.78                            (15.45)%
 

All contract charges

              120        $1,353        3.92%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $13.31                            (0.97)%
 

Highest contract charge 1.65% Class IB(a)

       $12.75                            (1.24)%
 

All contract charges

              67        $891        3.17%      

EQ/PIMCO Ultra Short Bond

                       
2023  

Lowest contract charge 1.30% Class IA

       $ 9.67                            4.20%
 

Highest contract charge 1.65% Class IA

       $ 9.20                            3.84%
 

All contract charges

              102        $991        6.36%      
2022  

Lowest contract charge 1.30% Class IA

       $ 9.28                            (1.90)%
 

Highest contract charge 1.65% Class IA(a)

       $ 8.86                            (2.21)%
 

All contract charges

              44        $409        1.81%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $ 9.46                            (1.66)%
 

Highest contract charge 1.30% Class IA(a)

       $ 9.46                            (1.66)%
 

All contract charges

              15        $145        0.77%      

EQ/PIMCO Ultra Short Bond

                       
2023  

Lowest contract charge 0.00% Class IB(k)

       $11.05                            5.64%
 

Highest contract charge 1.25% Class IB

       $ 9.96                            4.29%
 

All contract charges

              263        $2,672        6.36%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $ 9.88                            0.51%
 

Highest contract charge 1.25% Class IB(k)

       $ 9.55                            0.42%
 

All contract charges

              22        $212        1.81%      

EQ/Small Company Index

                       
2023  

Lowest contract charge 1.30% Class IA

       $34.04                            15.27%
 

Highest contract charge 1.65% Class IA

       $32.37                            14.87%
 

All contract charges

              53        $1,817        1.72%      
2022  

Lowest contract charge 1.30% Class IA

       $29.53                            (20.85)%
 

Highest contract charge 1.65% Class IA

       $28.18                            (21.13)%
 

All contract charges

              35        $1,044        1.29%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $37.31                            (0.19)%
 

Highest contract charge 1.65% Class IA(a)

       $35.73                            (0.50)%
 

All contract charges

              15        $554        1.34%      

 

FSA-150


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

         Years Ended December 31,
         Unit Value    Units Outstanding
(000’s)
   Accumulation
Unit Values
(000’s)
   Investment
Income Ratio*
  Total
Return**

EQ/Small Company Index

                       
2023  

Lowest contract charge 0.00% Class IB(k)

       $19.97                            16.78%
 

Highest contract charge 1.25% Class IB(k)

       $18.00                            15.31%
 

All contract charges

              102        $1,680        1.72%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $14.27                            (5.12)%
 

Highest contract charge 1.00% Class IB(k)

       $14.27                            (5.12)%
 

All contract charges

              4        $62        1.29%      

EQ/T. Rowe Price Health Sciences

                       
2023  

Lowest contract charge 0.00% Class IB(k)

       $27.87                            3.99%
 

Highest contract charge 1.65% Class IB

       $56.75                            2.27%
 

All contract charges

              137        $4,241        0.00%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $16.19                            0.62%
 

Highest contract charge 1.65% Class IB

       $55.49                            (14.81)%
 

All contract charges

              41        $1,959        0.00%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $68.00                            5.77%
 

Highest contract charge 1.65% Class IB(a)

       $65.14                            5.47%
 

All contract charges

              18        $1,216        0.00%      

EQ/Value Equity

                       
2023  

Lowest contract charge 1.30% Class IA

       $28.79                            17.94%
 

Highest contract charge 1.65% Class IA

       $27.38                            17.56%
 

All contract charges

              19        $542        1.36%      
2022  

Lowest contract charge 1.30% Class IA

       $24.41                            (16.20)%
 

Highest contract charge 1.65% Class IA

       $23.29                            (16.52)%
 

All contract charges

              20        $473        1.23%      
2021  

Lowest contract charge 1.30% Class IA(a)

       $29.13                            14.73%
 

Highest contract charge 1.65% Class IA(a)

       $27.90                            14.39%
 

All contract charges

              10        $296        1.34%      

EQ/Value Equity

                       
2023  

Lowest contract charge 1.00% Class IB

       $15.48                            18.35%
 

Highest contract charge 1.25% Class IB(k)

       $17.94                            18.03%
 

All contract charges

              48        $789        1.36%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $13.08                            (3.40)%
 

Highest contract charge 1.00% Class IB(k)

       $13.08                            (3.40)%
 

All contract charges

              3        $36        1.23%      

EQ/Wellington Energy

                       
2023  

Lowest contract charge 1.00% Class IB

       $ 5.99                            5.09%
 

Highest contract charge 1.65% Class IB

       $ 7.62                            4.24%
 

All contract charges

              299        $2,012        3.79%      
2022  

Lowest contract charge 1.00% Class IB(k)

       $ 5.70                            (1.72)%
 

Highest contract charge 1.65% Class IB

       $ 7.31                            30.30%
 

All contract charges

              139        $973        6.68%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $ 5.86                            20.08%
 

Highest contract charge 1.65% Class IB(a)

       $ 5.61                            19.62%
 

All contract charges

              39        $230        9.09%      

Equitable Conservative Growth MF/ETF

                       
2023  

Lowest contract charge 1.00% Class IB(k)

       $12.89                            8.78%
 

Highest contract charge 1.65% Class IB

       $14.34                            8.14%
 

All contract charges

              194        $2,574        5.13%      
2022  

Lowest contract charge 1.30% Class IB

       $13.74                            (13.58)%
 

Highest contract charge 1.65% Class IB

       $13.26                            (13.90)%
 

All contract charges

              6        $88        0.68%      
2021  

Lowest contract charge 1.30% Class IB(a)

       $15.90                            7.80%
 

Highest contract charge 1.65% Class IB(a)

       $15.40                            7.39%
 

All contract charges

              26        $422        0.94%      

 

FSA-151


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

        Years Ended December 31,
        Unit Value   Units Outstanding
(000’s)
  Accumulation
Unit Values
(000’s)
  Investment
Income Ratio*
  Total
Return**

Equitable Growth MF/ETF

                   
2023  

Lowest contract charge 1.00% Class IB

      $ 9.87                         13.06%
 

Highest contract charge 1.30% Class IB

      $11.62                         12.71%
 

All contract charges

            291       $2,935       3.87%      
2022  

Lowest contract charge 1.00% Class IB(k)

      $ 8.73                         (0.68)%
 

Highest contract charge 1.30% Class IB(k)

      $10.31                         (0.67)%
 

All contract charges

            11       $90       2.29%      

Equitable Moderate Growth MF/ETF

                   
2023  

Lowest contract charge 1.00% Class IB(k)

      $ 9.69                         10.87%
 

Highest contract charge 1.30% Class IB(k)

      $11.44                         10.53%
 

All contract charges

            299       $3,099       3.37%      
2022  

Lowest contract charge 1.25% Class IB(k)

      $ 8.72                         0.11%
 

Highest contract charge 1.25% Class IB(k)

      $ 8.72                         0.11%
 

All contract charges

            2       $14       5.05%      

Federated Hermes High Income Bond Fund II

                   
2023  

Lowest contract charge 0.00% Service Class(k)

      $14.39                         12.42%
 

Highest contract charge 1.25% Service Class(k)

      $12.98                         11.13%
 

All contract charges

            108       $1,380       2.43%      
2022  

Lowest contract charge 1.00% Service Class(k)

      $11.26                         0.18%
 

Highest contract charge 1.00% Service Class(k)

      $11.26                         0.18%
 

All contract charges

            5       $55       0.00%      

Federated Hermes Kaufmann Fund II

                   
2023  

Lowest contract charge 1.00% Service Class

      $17.03                         13.76%
 

Highest contract charge 1.25% Service Class(k)

      $20.85                         13.44%
 

All contract charges

            21       $356       0.00%      
2022  

Lowest contract charge 1.00% Service Class(k)

      $14.97                         (2.98)%
 

Highest contract charge 1.00% Service Class(k)

      $14.97                         (2.98)%
 

All contract charges

                  $5       0.00%      

Fidelity® VIP Mid Cap Portfolio

                   
2023  

Lowest contract charge 0.00% Service Class 2(k)

      $21.90                         14.84%
 

Highest contract charge 1.65% Service Class 2

      $30.61                         12.91%
 

All contract charges

            165       $3,858       0.63%      
2022  

Lowest contract charge 1.00% Service Class 2(k)

      $15.35                         (1.79)%
 

Highest contract charge 1.65% Service Class 2

      $27.11                         (16.38)%
 

All contract charges

            33       $938       0.40%      
2021  

Lowest contract charge 1.30% Service Class 2(a)

      $33.85                         13.97%
 

Highest contract charge 1.65% Service Class 2(a)

      $32.42                         13.63%
 

All contract charges

            14       $477       0.71%      

Fidelity® VIP Strategic Income Portfolio

                   
2023  

Lowest contract charge 0.00% Service Class 2(k)

      $13.19                         9.19%
 

Highest contract charge 1.65% Service Class 2

      $13.67                         7.38%
 

All contract charges

            525       $6,607       7.61%      
2022  

Lowest contract charge 1.00% Service Class 2(k)

      $10.77                         0.75%
 

Highest contract charge 1.65% Service Class 2

      $12.73                         (12.99)%
 

All contract charges

            103       $1,310       4.30%      
2021  

Lowest contract charge 1.30% Service Class 2(a)

      $15.28                         1.87%
 

Highest contract charge 1.65% Service Class 2(a)

      $14.63                         1.46%
 

All contract charges

            46       $694       4.28%      

First Trust Multi Income Allocation Portfolio

                   
2023  

Lowest contract charge 1.00% Class I(k)

      $12.96                         7.82%
 

Highest contract charge 1.65% Class I

      $12.67                         7.19%
 

All contract charges

            36       $472       5.23%      
2022  

Lowest contract charge 1.30% Class I(b)

      $12.19                         (8.69)%
 

Highest contract charge 1.65% Class I(b)

      $11.82                         (9.08)%
 

All contract charges

            3       $30       7.54%      

 

FSA-152


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

        Years Ended December 31,
        Unit Value   Units Outstanding
(000’s)
  Accumulation
Unit Values
(000’s)
  Investment
Income Ratio*
  Total
Return**

First Trust/Dow Jones Dividend & Income Allocation Portfolio

                   
2023  

Lowest contract charge 1.00% Class I

      $15.35                         9.41%
 

Highest contract charge 1.65% Class I

      $18.25                         8.70%
 

All contract charges

            176       $2,875       4.06%      
2022  

Lowest contract charge 1.00% Class I(k)

      $14.03                         (0.36)%
 

Highest contract charge 1.65% Class I(a)

      $16.79                         (13.63)%
 

All contract charges

            23       $399       1.63%      
2021  

Lowest contract charge 1.30% Class I(a)

      $20.12                         9.95%
 

Highest contract charge 1.30% Class I(a)

      $20.12                         9.95%
 

All contract charges

            12       $251       1.43%      

Franklin Allocation VIP Fund

                   
2023  

Lowest contract charge 1.00% Class 2(k)

      $13.51                         13.43%
 

Highest contract charge 1.65% Class 2(c)

      $19.06                         12.71%
 

All contract charges

            20       $353       1.54%      
2022  

Lowest contract charge 1.30% Class 2

      $17.70                         (17.10)%
 

Highest contract charge 1.30% Class 2

      $17.70                         (17.10)%
 

All contract charges

            4       $66       1.62%      
2021  

Lowest contract charge 1.30% Class 2(a)

      $21.35                         9.21%
 

Highest contract charge 1.30% Class 2(a)

      $21.35                         9.21%
 

All contract charges

            4       $80       0.74%      

Franklin Income VIP Fund

                   
2023  

Lowest contract charge 1.00% Class 2

      $13.80                         7.48%
 

Highest contract charge 1.65% Class 2

      $18.70                         6.86%
 

All contract charges

            288       $4,687       4.85%      
2022  

Lowest contract charge 1.00% Class 2(k)

      $12.84                         0.63%
 

Highest contract charge 1.65% Class 2

      $17.50                         (7.06)%
 

All contract charges

            57       $1,028       4.66%      
2021  

Lowest contract charge 1.30% Class 2(a)

      $19.64                         11.59%
 

Highest contract charge 1.65% Class 2(a)

      $18.83                         11.29%
 

All contract charges

            36       $709       2.66%      

Hartford Disciplined Equity HLS Fund

                   
2023  

Lowest contract charge 1.30% Class IC (m)

      $34.15                         11.49%
 

Highest contract charge 1.30% Class IC (m)

      $34.15                         11.49%
 

All contract charges

            13       $431       0.62%      

Invesco V.I. Balanced-Risk Allocation Fund

                   
2023  

Lowest contract charge 1.00% Class Series II (l)

      $12.00                         5.36%
 

Highest contract charge 1.25% Class Series II (l)

      $12.55                         5.02%
 

All contract charges

            53       $636       0.00%      

Invesco V.I. Diversified Dividend Fund

                   
2023  

Lowest contract charge 1.30% Series II

      $28.69                         7.33%
 

Highest contract charge 1.65% Series II

      $24.32                         7.00%
 

All contract charges

            24       $695       2.26%      
2022  

Lowest contract charge 1.30% Series II

      $26.73                         (3.19)%
 

Highest contract charge 1.65% Series II

      $22.73                         (3.52)%
 

All contract charges

            12       $311       1.95%      
2021  

Lowest contract charge 1.30% Series II(a)

      $27.61                         13.95%
 

Highest contract charge 1.65% Series II(a)

      $23.56                         13.60%
 

All contract charges

            6       $165       3.06%      

Invesco V.I. Equity and Income Fund

                   
2023  

Lowest contract charge 1.30% Series II

      $15.68                         8.81%
 

Highest contract charge 1.65% Series II

      $15.19                         8.42%
 

All contract charges

            110       $1,724       2.13%      
2022  

Lowest contract charge 1.30% Series II

      $14.41                         (8.91)%
 

Highest contract charge 1.65% Series II

      $14.01                         (9.26)%
 

All contract charges

            65       $937       1.83%      

 

FSA-153


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

        Years Ended December 31,
        Unit Value   Units Outstanding
(000’s)
  Accumulation
Unit Values
(000’s)
  Investment
Income Ratio*
  Total
Return**

Invesco V.I. Equity and Income Fund (Continued)

                   
2021  

Lowest contract charge 1.30% Series II(a)

      $15.82                         10.40%
 

Highest contract charge 1.65% Series II(a)

      $15.44                         10.05%
 

All contract charges

            5       $81       2.29%      

Invesco V.I. Health Care Fund

                   
2023  

Lowest contract charge 0.00% Series II(k)

      $19.67                         2.77%
 

Highest contract charge 1.25% Series II

      $17.73                         1.49%
 

All contract charges

            52       $741       0.00%      
2022  

Lowest contract charge 1.00% Series II(k)

      $13.07                         2.51%
 

Highest contract charge 1.25% Series II(k)

      $17.47                         2.46%
 

All contract charges

            13       $170       0.00%      

Invesco V.I. High Yield Fund

                   
2023  

Lowest contract charge 1.00% Series II

      $11.56                         8.65%
 

Highest contract charge 1.30% Series II

      $13.84                         8.29%
 

All contract charges

            184       $2,311       7.18%      
2022  

Lowest contract charge 1.00% Series II(k)

      $10.64                         0.57%
 

Highest contract charge 1.30% Series II

      $12.78                         (10.69)%
 

All contract charges

            38       $474       4.99%      
2021  

Lowest contract charge 1.30% Series II(a)

      $14.31                         1.85%
 

Highest contract charge 1.30% Series II(a)

      $14.31                         1.85%
 

All contract charges

            18       $263       8.85%      

Invesco V.I. Main Street Mid Cap Fund

                   
2023  

Lowest contract charge 1.00% Series II (n)

      $11.64                         10.86%
 

Highest contract charge 1.65% Series II

      $23.25                         12.26%
 

All contract charges

            14       $319       0.07%      
2022  

Lowest contract charge 1.30% Series II

      $21.69                         (15.57)%
 

Highest contract charge 1.65% Series II

      $20.71                         (15.85)%
 

All contract charges

            2       $42       0.10%      
2021  

Lowest contract charge 1.30% Series II(a)

      $25.69                         14.84%
 

Highest contract charge 1.65% Series II(a)

      $24.61                         14.52%
 

All contract charges

            1       $18       0.46%      

Invesco V.I. Small Cap Equity Fund

                   
2023  

Lowest contract charge 1.00% Series II

      $15.66                         15.06%
 

Highest contract charge 1.30% Series II

      $32.31                         14.74%
 

All contract charges

            49       $1,158       0.00%      
2022  

Lowest contract charge 1.00% Series II(k)

      $13.61                         (3.75)%
 

Highest contract charge 1.30% Series II

      $28.16                         (21.76)%
 

All contract charges

            5       $116       0.00%      
2021  

Lowest contract charge 1.30% Series II(a)

      $35.99                         3.69%
 

Highest contract charge 1.30% Series II(a)

      $35.99                         3.69%
 

All contract charges

            2       $81       0.00%      

Janus Henderson Balanced Portfolio

                   
2023  

Lowest contract charge 0.00% Service Shares(k)

      $21.15                         15.13%
 

Highest contract charge 1.25% Services Shares

      $19.07                         13.71%
 

All contract charges

            567       $9,953       2.46%      
2022  

Lowest contract charge 1.00% Service Shares(k)

      $15.16                         (0.59)%
 

Highest contract charge 1.25% Services Shares(k)

      $16.77                         (0.65)%
 

All contract charges

            26       $402       0.13%      

Janus Henderson Flexible Bond Portfolio

                   
2023  

Lowest contract charge 1.00% Service Shares

      $10.11                         4.23%
 

Highest contract charge 1.25% Service Shares(k)

      $10.33                         3.92%
 

All contract charges

            127       $1,287       4.79%      
2022  

Lowest contract charge 1.00% Service Shares(k)

      $ 9.70                         1.04%
 

Highest contract charge 1.00% Service Shares(k)

      $ 9.70                         1.04%
 

All contract charges

            12       $113       0.71%      

 

FSA-154


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

        Years Ended December 31,
        Unit Value   Units Outstanding
(000’s)
  Accumulation
Unit Values
(000’s)
  Investment
Income Ratio*
  Total
Return**

Lord Abbett Series Fund — Bond Debenture Portfolio

                   
2023  

Lowest contract charge 1.00% VC Shares

      $11.84                         5.43%
 

Highest contract charge 1.30% VC Shares

      $14.75                         5.21%
 

All contract charges

            303       $3,871       7.33%      
2022  

Lowest contract charge 1.00% VC Shares(k)

      $11.23                         0.09%
 

Highest contract charge 1.30% VC Shares

      $14.02                         (13.93)%
 

All contract charges

            85       $1,198       5.89%      
2021  

Lowest contract charge 1.30% VC Shares(a)

      $16.29                         0.25%
 

Highest contract charge 1.30% VC Shares(a)

      $16.29                         0.25%
 

All contract charges

            50       $815       3.59%      

MFS® Investors Trust Series

                   
2023  

Lowest contract charge 1.00% Service Class(k)

      $20.86                         17.45%
 

Highest contract charge 1.65% Service Class(c)

      $35.86                         16.69%
 

All contract charges

            11       $322       0.55%      
2022  

Lowest contract charge 1.30% Service Class

      $32.20                         (17.75)%
 

Highest contract charge 1.30% Service Class

      $32.20                         (17.75)%
 

All contract charges

            5       $145       0.16%      
2021  

Lowest contract charge 1.30% Service Class(a)

      $39.15                         20.80%
 

Highest contract charge 1.30% Service Class(a)

      $39.15                         20.80%
 

All contract charges

            3       $107       0.62%      

MFS® Massachusetts Investors Growth Stock Portfolio

                   
2023  

Lowest contract charge 1.30% Service Class

      $47.86                         22.09%
 

Highest contract charge 1.65% Service Class

      $45.52                         21.68%
 

All contract charges

            19       $892       0.05%      
2022  

Lowest contract charge 1.30% Service Class

      $39.20                         (20.49)%
 

Highest contract charge 1.65% Service Class(a)

      $37.41                         (20.78)%
 

All contract charges

            13       $539       0.00%      
2021  

Lowest contract charge 1.30% Service Class(a)

      $49.30                         22.33%
 

Highest contract charge 1.30% Service Class(a)

      $49.30                         22.33%
 

All contract charges

            4       $207       0.03%      

MFS® Value Series

                   
2023  

Lowest contract charge 0.00% Service Class(k)

      $22.67                         7.64%
 

Highest contract charge 1.25% Service Class

      $20.44                         6.29%
 

All contract charges

            67       $1,219       1.89%      
2022  

Lowest contract charge 1.00% Service Class(k)

      $16.82                         (0.06)%
 

Highest contract charge 1.25% Service Class(k)

      $19.23                         (0.10)%
 

All contract charges

            1       $21       0.00%      

Multimanager Aggressive Equity

                   
2023  

Lowest contract charge 1.30% Class IB

      $47.33                         36.52%
 

Highest contract charge 1.65% Class IB(c)

      $44.45                         36.02%
 

All contract charges

            14       $666       0.43%      
2022  

Lowest contract charge 1.30% Class IB

      $34.67                         (33.04)%
 

Highest contract charge 1.30% Class IB

      $34.67                         (33.04)%
 

All contract charges

            10       $337       0.00%      
2021  

Lowest contract charge 1.30% Class IB(a)

      $51.78                         14.94%
 

Highest contract charge 1.30% Class IB(a)

      $51.78                         14.94%
 

All contract charges

            3       $131       0.00%      

Multimanager Technology

                   
2023  

Lowest contract charge 1.00% Class IB

      $34.13                         48.01%
 

Highest contract charge 1.65% Class IB

      $33.30                         47.08%
 

All contract charges

            152       $5,206       0.00%      
2022  

Lowest contract charge 1.00% Class IB(k)

      $23.06                         (6.03)%
 

Highest contract charge 1.65% Class IB

      $22.64                         (38.34)%
 

All contract charges

            76       $1,757       0.00%      
2021  

Lowest contract charge 1.30% Class IB(a)

      $37.62                         13.52%
 

Highest contract charge 1.65% Class IB(a)

      $36.72                         13.19%
 

All contract charges

            32       $1,195       0.00%      

 

FSA-155


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

        Years Ended December 31,
        Unit Value   Units Outstanding
(000’s)
  Accumulation
Unit Values
(000’s)
  Investment
Income Ratio*
  Total
Return**

Neuberger Berman U.S. Equity Index PutWrite Strategy Portfolio

                   
2023  

Lowest contract charge 1.30% Class S

      $12.32                         13.55%
 

Highest contract charge 1.30% Class S

      $12.32                         13.55%
 

All contract charges

            5       $66       0.00%      
2022  

Lowest contract charge 1.30% Class S

      $10.85                         (12.43)%
 

Highest contract charge 1.30% Class S

      $10.85                         (12.43)%
 

All contract charges

            3       $32       0.00%      
2021  

Lowest contract charge 1.30% Class S(a)

      $12.39                         12.74%
 

Highest contract charge 1.30% Class S(a)

      $12.39                         12.74%
 

All contract charges

            3       $40       0.52%      

PIMCO CommodityRealReturn® Strategy Portfolio

                   
2023  

Lowest contract charge 1.00% Advisor Class

      $10.23                         (8.82)%  
 

Highest contract charge 1.65% Advisor Class

      $ 7.86                         (9.45)%
 

All contract charges

            101       $864       14.49%      
2022  

Lowest contract charge 1.00% Advisor Class(k)

      $11.22                         (2.77)%
 

Highest contract charge 1.65% Advisor Class(a)

      $ 8.68                         6.90%
 

All contract charges

            70       $630       18.39%      
2021  

Lowest contract charge 1.30% Advisor Class(a)

      $ 8.48                         17.13%
 

Highest contract charge 1.30% Advisor Class(a)

      $ 8.48                         17.13%
 

All contract charges

            21       $182       4.70%      

PIMCO Emerging Markets Bond Portfolio

                   
2023  

Lowest contract charge 1.00% Advisor Class(l)

      $11.16                         9.95%
 

Highest contract charge 1.00% Advisor Class(l)

      $11.16                         9.95%
 

All contract charges

            5       $58       6.14%      

PIMCO Global Bond Opportunities Portfolio (Unhedged)

                   
2023  

Lowest contract charge 1.00% Advisor Class

      $ 9.93                         4.09%
 

Highest contract charge 1.25% Advisor Class

      $ 9.36                         3.88%
 

All contract charges

            55       $543       2.27%      
2022  

Lowest contract charge 1.00% Advisor Class(k)

      $ 9.54                         2.69%
 

Highest contract charge 1.25% Advisor Class(k)

      $ 9.01                         2.62%
 

All contract charges

            2       $24       0.54%      

PIMCO Global Managed Asset Allocation Portfolio

                   
2023  

Lowest contract charge 1.00% Advisor Class(l)

      $13.44                         11.72%
 

Highest contract charge 1.00% Advisor Class(l)

      $13.44                         11.72%
 

All contract charges

            3       $38       3.89%      

PIMCO Income Portfolio

                   
2023  

Lowest contract charge 0.00% Advisor Class(k)

      $11.66                         8.16%
 

Highest contract charge 1.30% Advisor Class

      $11.00                         6.80%
 

All contract charges

            391       $4,343       5.35%      
2022  

Lowest contract charge 1.00% Advisor Class(k)

      $10.41                         1.26%
 

Highest contract charge 1.30% Advisor Class

      $10.30                         (9.09)%
 

All contract charges

            45       $464       3.71%      
2021  

Lowest contract charge 1.30% Advisor Class(a)

      $11.33                         0.27%
 

Highest contract charge 1.30% Advisor Class(a)

      $11.33                         0.27%
 

All contract charges

            16       $177       2.38%      

Principal Blue Chip Account

                   
2023  

Lowest contract charge 1.00% Class 3(l)

      $10.72                         37.61%
 

Highest contract charge 1.00% Class 3(l)

      $10.72                         37.61%
 

All contract charges

            18       $196       0.00%      

Principal Equity Income Account

                   
2023  

Lowest contract charge 1.25% Class 3(l)

      $10.06                         9.59%
 

Highest contract charge 1.25% Class 3(l)

      $10.06                         9.59%
 

All contract charges

            14       $139       0.05%      

 

FSA-156


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Continued)

December 31, 2023

 

8.   Financial Highlights (Continued)

 

        Years Ended December 31,
        Unit Value   Units Outstanding
(000’s)
  Accumulation
Unit Values
(000’s)
  Investment
Income Ratio*
  Total
Return**

ProFund VP Biotechnology

                   
2023  

Lowest contract charge 1.30% Common Shares

      $45.62                         8.72%
 

Highest contract charge 1.65% Common Shares

      $43.38                         8.31%
 

All contract charges

            13       $615       0.00%      
2022  

Lowest contract charge 1.30% Common Shares

      $41.96                         (8.90)%
 

Highest contract charge 1.65% Common Shares

      $40.05                         (9.22)%
 

All contract charges

            11       $460       0.00%      
2021  

Lowest contract charge 1.30% Common Shares(a)

      $46.06                         8.40%
 

Highest contract charge 1.65% Common Shares(a)

      $44.12                         8.08%
 

All contract charges

            6       $292       0.00%      

Putnam VT Global Asset Allocation Fund

                   
2023  

Lowest contract charge 1.00% Class IB(l)

      $15.16                         16.35%
 

Highest contract charge 1.00% Class IB(l)

      $15.16                         16.35%
 

All contract charges

            14       $212       1.39%      

Putnam VT Research Fund

                   
2023  

Lowest contract charge 1.00% Class IB

      $24.29                         27.57%
 

Highest contract charge 1.00% Class IB

      $24.29                         27.57%
 

All contract charges

            4       $108       0.49%      
2022  

Lowest contract charge 1.00% Class IB(k)

      $19.04                         (2.81)%
 

Highest contract charge 1.00% Class IB(k)

      $19.04                         (2.81)%
 

All contract charges

                  $9       0.00%      

T. Rowe Price Equity Income Portfolio

                   
2023  

Lowest contract charge 0.00% Class II(k)

      $20.89                         9.31%
 

Highest contract charge 1.25% Class II

      $18.83                         7.91%
 

All contract charges

            69       $1,255       2.35%      
2022  

Lowest contract charge 1.00% Class II(k)

      $16.14                         (0.19)%
 

Highest contract charge 1.25% Class II(k)

      $17.45                         (0.17)%
 

All contract charges

                  $11       0.98%      

Templeton Developing Markets VIP Fund

                   
2023  

Lowest contract charge 1.30% Class 2

      $11.96                         11.15%
 

Highest contract charge 1.65% Class 2

      $11.38                         10.81%
 

All contract charges

            21       $246       1.97%      
2022  

Lowest contract charge 1.30% Class 2

      $10.76                         (22.98)%
 

Highest contract charge 1.65% Class 2

      $10.27                         (23.24)%
 

All contract charges

            15       $160       3.03%      
2021  

Lowest contract charge 1.30% Class 2(a)

      $13.97                         (15.79)%
 

Highest contract charge 1.65% Class 2(a)

      $13.38                         (16.06)%
 

All contract charges

            9       $122       0.22%      

Templeton Global Bond VIP Fund

                   
2023  

Lowest contract charge 1.00% Class 2(k)

      $ 8.22                         1.86%
 

Highest contract charge 1.65% Class 2

      $ 9.88                         1.13%
 

All contract charges

            61       $575       0.00%      
2022  

Lowest contract charge 1.25% Class 2(k)

      $ 8.13                         3.96%
 

Highest contract charge 1.65% Class 2

      $ 9.77                         (6.51)%
 

All contract charges

            19       $189       0.00%      
2021  

Lowest contract charge 1.30% Class 2(a)

      $10.91                         (5.21)%
 

Highest contract charge 1.65% Class 2(a)

      $10.45                         (5.52)%
 

All contract charges

            23       $252       0.00%      

 

  (a)   Units were made available on February 22, 2021.
  (b)   Units were made available on February 22, 2021, however it had no outstanding units as of December 31, 2021.
  (c)   Units were made available on March 3, 2021.
  (d)   1290 VT Moderate Growth Allocation replaced EQ/AXA Investment Managers Moderate Allocation due to a merger on November 4, 2022.
  (e)   EQ/Invesco Moderate Growth Allocation replaced EQ/First Trust Moderate Growth Allocation due to a merger on November 4, 2022.
  (f)   EQ/JPMorgan Growth Allocation replaced EQ/Franklin Growth Allocation due to a merger on November 4, 2022.

 

FSA-157


EQUITABLE AMERICA VARIABLE ACCOUNT 70A

Notes to Financial Statements (Concluded)

December 31, 2023

 

8.   Financial Highlights (Concluded)

 

  (g)   Units were made available on November 11, 2022.
  (h)   EQ/Common Stock Index replaced 1290 VT Low Volatility Global Equity due to a merger on November 11, 2022.
  (i)   EQ/Core Plus Bond replaced EQ/Franklin Strategic Income due to a merger on November 11, 2022.
  (j)   EQ/MFS International Growth replaced EQ/Invesco International Growth due to a merger on November 11, 2022.
  (k)   Units were made available on November 14, 2022.
  (l)   Units were made available on November 14, 2022, however it had no outstanding units as of December 31, 2022.
  (m)   Units were made available on May 22, 2023.
  (n)   Units were made available on November 13, 2023.
  *   This ratio represents the amount of dividend income, excluding distributions from net realized gains, received by the Variable Investment Option from the Portfolio, divided by the average net assets. This ratio excludes those expenses, such as asset charges, that result in direct reductions in the unit values. The recognition of dividend income by the Variable Investment Option is affected by the timing of the declaration of dividends by the Portfolio in which the Variable Investment Option invests. This ratio is not annualized but calculated from the effective date through the end of the reporting period.
  **   This ratio represents the total return for the periods indicated, including changes in the value of the Portfolio, and expenses assessed through the reduction of unit value. This ratio does not include any expenses, such as premium and withdrawal charges, as applicable, or expenses assessed through the redemption of units. The total return would have been lower had such expenses been included in the calculation. Variable Investment Options with a date notation indicate the effective date of that Variable Investment Option. The total return is calculated for each period indicated from the effective date through the end of the reporting period. The total return is not annualized but calculated from the effective date through the end of the reporting period.

 

9.   Subsequent Events

All material subsequent transactions and events have been evaluated for the period from December 31, 2023 through April 12, 2024, the date on which the financial statements were issued. It has been determined that there are no transactions or events that require adjustment or disclosure in the financial statements.

 

FSA-158