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PIMCO VIT CommodityRealReturn® Strat Ins
Release date as of 2024-10-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-10-31
Out of 98
Commodities Broad Basket Funds
Morningstar®
Style Box™
What is this?
As of 2024-06-30
Total Fund Assets ($ Mil)
365.47
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks maximum real return, consistent with prudent investment management.
The portfolio seeks to achieve its investment objective by investing under normal circumstances in commodity-linked derivative instruments backed by a portfolio of inflation-indexed securities and other Fixed Income Instruments. It invests in commodity-linked derivative instruments, including swap agreements, futures, options on futures, commodity index-linked notes and commodity options, that provide exposure to the investment returns of the commodities markets, without investing directly in physical commodities.
  Morningstar Category: Commodities Broad Basket
Broad-basket portfolios can invest in a diversified basket of commodity goods including but not limited to grains, minerals, metals, livestock, cotton, oils, sugar, coffee, and cocoa. Investment can be made directly in physical assets or commodity-linked derivative instruments, such as commodity swap agreements. 
  Investment Risks
There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.
  Portfolio Profile
Asset Allocation
% of Net Assets
U.S. Stocks 0.0
Non-U.S. Stocks -0.8
Bonds 61.8
Cash -22.2
Other 61.2
Total 100.0
Asset Allocation Long/Short/Net Graph
Data through 2024-06-30
Morningstar Fixed-Income Sectors
% Fund
Government 59.22
Corporate 0.09
Securitized 10.33
Municipal 0.00
Cash & Equivalents 25.42
Derivative 4.93
Data through 2024-06-30
Credit Analysis
% Bonds
AAA 71.56
AA 21.00
A 2.14
BBB 3.31
BB 0.81
B 0.29
Below B 0.88
Not Rated 0.00
Data through 2024-06-30
Credit Analysis Graph
Holding Status
Total Number of Stock Holdings 0
Total Number of Bond Holdings 267
% of Net Assets in Top 10 Holdings 137.30
Turnover % (as of 2023-12-31) 190.00
30 Day SEC Yield % 2.02
Top Holdings
Maturity
Date 		Shares
 Value
$000 		% of Net
Assets
2 Year Treasury Note Future Sept 24 2024-10-01 --- -111,710 28.61
Pimco Cayman Cmdty Port I Ltd 2024-10-01 379 95,829 24.55
TRS R 5.5/91282CDC2 MYC 2024-07-22 75,000 81,896 20.98
US Treasury Bond Future Sept 24 2024-09-20 --- -61,758 15.82
United States Treasury Notes 1.625% 2027-10-15 42,077 41,400 10.60
TRS R 5.49/912828S50 MYC 2024-07-22 25,000 31,323 8.02
United States Treasury Notes 1.25% 2028-04-15 31,397 30,331 7.77
United States Treasury Notes 2.375% 2028-10-15 28,154 28,530 7.31
Ultra 10 Year US Treasury Note Future Sept 24 2024-09-20 --- 27,982 7.17
United States Treasury Notes 0.125% 2025-10-15 26,108 25,252 6.47
Data through 2024-06-30
  Principal Risks   
Short Sale, Credit and Counterparty, Inflation-Protected Securities, Prepayment (Call), Currency, Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Issuer, Interest Rate, Market/Market Volatility, Commodity, Equity Securities, High-Yield Securities, Mortgage-Backed and Asset-Backed Securities, Restricted/Illiquid Securities, Underlying Fund/Fund of Funds, U.S. Federal Tax Treatment, Derivatives, Fixed-Income Securities, Sovereign Debt, Management, Structured Products
Show Risk Definitions
  Other Information
Inception Date: 2012-04-30
Portfolio Manager(s)
Stephen A. Rodosky   (2019-01-09)
Mr. Rodosky is a Managing Director with Pacific Investment Management Company LLC ("PIMCO") and has managed the MainStay VP PIMCO Real Return Portfolio since 2019. He is a portfolio manager for real return and U.S. long duration strategies based in the Newport Beach office. He serves as head of talent management for portfolio management in the U.S. and previously led the firm's U.S. rates team. Prior to joining PIMCO in 2001, Mr. Rodosky was vice president of institutional sales with Merrill Lynch. He has been in the investment management industry since 1995 and holds a master's degree in financial markets from Illinois Institute of Technology. He received an undergraduate degree from Villanova University.
Andrew Dewitt   (2022-02-01)
Executive Vice President, PIMCO. Mr. DeWitt is a portfolio manager in the Newport Beach office, focusing on commodity and multi-real asset strategies. Previously, he managed PIMCO’s portfolio associate group and focused on portfolio optimization and other technology initiatives. He has investment experience since 2006 and holds undergraduate degrees in economics and sociology from Brown University.
Greg E. Sharenow   (2018-11-01)
Greg Sharenow is Managing Director, PIMCO. Mr. Sharenow is a portfolio manager in the Newport Beach office, focusing on commodities, real assets, and inflation solutions. He leads PIMCO’s commodity portfolio management group. He also co-manages PIMCO’s Energy and Tactical Credit Opportunities strategy. Prior to joining PIMCO in 2011, he was an energy trader at Hess Energy Trading, Goldman Sachs, and DE Shaw. He was previously senior energy economist at Goldman Sachs and before that, worked as a quantitative analyst in the Global Portfolio Analysis group at Goldman Sachs. His co-authored article, “Beating Benchmarks,” won the Second Annual Berstein Fabozzi/Jacobs Levy Award for Outstanding Article after it was published in the Journal of Portfolio Management. He has investment and financial services experience since 2000 and holds bachelor’s degrees in mathematical methods in the social sciences and in economics from Northwestern University. He is a member of the Council on Foreign Relations.
Investment Advisor(s)
Pacific Investment Management Company, LLC
Issuer
PIMCO
Subadvisor(s)
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Show Data Definitions

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