Download PIMCO VIT Income Portfolio — Advisor Class

Release Date: 03-31-2017
PIMCO VIT Income Portfolio — Advisor Class
Investment Strategy from investment’s prospectus
The investment seeks to maximize current income; long-term capital
appreciation is a secondary objective. The portfolio seeks to achieve its
investment objectives by investing under normal circumstances at least
65% of its total assets in a multi-sector portfolio of Fixed Income
Instruments of varying maturities, which may be represented by
forwards or derivatives such as options, futures contracts or swap
agreements. "Fixed Income Instruments" include bonds, debt securities
and other similar instruments issued by various U.S. and non-U.S.
public- or private-sector entities.
Category Description: Multisector Bond
Multisector-bond portfolios seek income by diversifying their assets
among several fixed-income sectors, usually U.S. government
obligations, U.S. corporate bonds, foreign bonds, and high-yield U.S.
debt securities. These portfolios typically hold 35% to 65% of bond
assets in securities that are not rated or are rated by a major agency
such as Standard & Poor's or Moody's at the level of BB (considered
speculative for taxable bonds) and below.
Portfolio Analysis as of 12-31-16
Composition as of 12-31-16
U.S. Stocks
Non-U.S. Stocks
Bonds
Cash
Other
% Net
0.00
0.00
114.28
-15.20
0.92
Top 20 Holdings as of 12-31-16
Cmbx.Na.Aaa.9 Sp Gst 09-17-58
IRS USD 1.75000 12/21/16-10Y LCH_Pay 12-21-26
FNMA 02-13-47
US 10 Year Note (CBT) Mar17 03-22-17
IRS AUD 2.75000 06/17/16-10Y CME_Receive 06-17-26
% Assets
8.64
8.16
6.58
6.06
6.02
IRS USD 1.75000 12/21/16-10Y CME_Pay 12-21-26
Nordea Kredit Realkredit Sec 10-01-17
Cwabs Inc 2005-16 FRN 04-25-36
US Treasury Note 2.25% 12-31-23
Cdx Hy27 5y Ice 12-20-21
5.26
4.63
3.61
3.43
3.41
Fund Inception Date
04-29-16
Initial Share Class Inception Date
04-29-16
Advisor
Pacific Investment Management Co LLC
(PIMCO)
Subadvisor
—
Freddie Mac Gold Single Family TBA 3% 2046-01-01 01-0146
Aegis Abs 2006-1 FRN 01-25-37
FNMA 02-13-47
Russia Em Sp Gst 06-20-21
Ml Mtg Inv Tr 2007-He3 FRN 04-25-37
3.19
Fees and Expenses as of 12-13-16
Gross Prospectus Expense Ratio
Net Prospectus Expense Ratio
Morgan Stanley Abs 2007-He1 FRN 11-25-36
Freddie Mac Gold Single Family TBA 3% 2046-02-01 02-0146
Energy Future/Efih Dip Tl 06-30-17
Brazil La Sp Gst 06-20-21
Asset Backed Fdg 2006-Opt3 FRN 11-25-36
Operations
Waiver Data
Expense Ratio
Type
Contractual
0.94%
0.90%
Exp.Date
05-01-17
%
0.04
Portfolio Manager(s)
Alfred T. Murata. Ph.D., Stanford University. J.D., Stanford Law School.
Since 2016.
Daniel J. Ivascyn. M.B.A., University of Chicago. B.A., Occidental College.
Since 2016.
2.71
2.66
2.61
2.51
2.26
2.12
2.11
2.05
2.02
—
149
203.00
209.53
Total Number of Stock Holdings
Total Number of Bond Holdings
Annual Turnover Ratio %
Total Fund Assets ($mil)
Morningstar Style BoxTM as of 12-31-16
Average Effective Duration
Average Effective Maturity
Risk Measures as of N/A
3 Yr Std Dev
3 Yr Sharpe Ratio
3 Yr Alpha
3 Yr Beta
3 Yr R-squared
Morningstar Sectors as of 12-31-16
Government
Corporate
Securitized
Municipal
Cash and Equivalents
Other
%Fund
14.09
15.98
32.78
0.11
16.52
20.50
Category
—
—
—
—
—
%Category
23.84
35.19
27.03
1.48
12.23
0.24
%Bonds
Notes
This material is authorized for client use only when preceded or
accompanied by a Disclosure Statement, a product prospectus, a fund
prospectus and/or informational brochure containing more complete
information. These can be obtained from your investment professional
and should be read carefully before investing or sending money.
NOT A DEPOSIT — NOT FDIC INSURED — NOT INSURED BY ANY
FEDERAL GOVERNMENT AGENCY — NOT GUARANTEED BY THE
INSTITUTION — MAY GO DOWN IN VALUE
‚
Moderate
BC Aggr
—
—
—
—
—
Credit Analysis
Volatility Analysis
Low
S
Port Avg
—
—
—
—
—
—
—
High
Category
The volatility measure is not displayed for investments with fewer than
three years of history. The category average, however, is shown above.
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