Morningstar® Investment Profile™   Morningstar®
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PIMCO VIT CommodityRealReturn® Strat Ins
Release date as of 2022-08-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
What is this?
As of 2022-08-31
Out of 102
Commodities Broad Basket Funds
Style Box™
What is this?
As of 2022-03-31
Total Fund Assets ($ Mil)
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 0.0
Bonds 98.0
Cash -33.8
Other 35.9
Total 100.0
Asset Allocation Long/Short/Net Graph
Data through 2022-03-31
Morningstar Fixed-Income Sectors
% Fund
Government 71.87
Corporate 0.40
Securitized 6.07
Municipal 0.00
Cash & Equivalents 11.31
Other 10.34
Data through 2022-03-31
Credit Analysis
% Bonds
AAA 95.32
AA 2.65
A 0.48
BBB 0.53
BB 0.30
B 0.19
Below B 0.53
Not Rated 0.00
Data through 2022-03-31
Credit Analysis Graph
Holding Status
Total Number of Stock Holdings 0
Total Number of Bond Holdings 369
% of Net Assets in Top 10 Holdings 109.63
Turnover % (as of 2021-12-31) 197.00
30 Day SEC Yield % 12.37
Top Holdings
% of Net
Pimco Cayman Cmdty Port I Ltd 2022-06-01 446 234,681 35.75
United States Treasury Notes 0.125% 2026-10-15 110,395 116,093 17.68
Euro Schatz Future June 22 2022-06-09 --- -62,590 9.53
2 Year Treasury Note Future June 22 2022-07-01 --- 60,149 9.16
United States Treasury Notes 0.125% 2026-07-15 42,991 45,205 6.89
United States Treasury Notes 0.125% 2024-10-15 41,093 42,995 6.55
US Treasury Bond Future June 22 2022-06-22 --- -42,340 6.45
United States Treasury Notes 0.125% 2025-04-15 37,695 39,412 6.00
United States Treasury Notes 0.125% 2023-01-15 37,612 38,927 5.93
United States Treasury Notes 0.625% 2023-04-15 35,848 37,380 5.69
Data through 2022-03-31
  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, Leverage, Fixed-Income Securities, Sovereign Debt, Management
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)
Senior 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)
Mr. Sharenow is an executive vice president in the Newport Beach office and a portfolio manager focusing on real assets. Prior to joining PIMCO in 2011, he was an energy trader at Hess Energy Trading, Goldman Sachs, and DE Shaw. Mr. Sharenow was previously senior energy economist at Goldman Sachs. He holds bachelor's degrees in mathematical methods in the social sciences and in economics from Northwestern University.
Investment Advisor(s)
Pacific Investment Management Company, LLC
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