PIMCO VIT StocksPLUS® Global Port Instl |
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Release date as of 2024-10-31. Data on page is subject to change. |
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Overall Morningstar Rating™
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What is this?
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As of 2024-10-31 |
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Out of 326 Global Large-Stock Blend Funds
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Total Fund Assets ($ Mil) |
182.52 |
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Investment Objective & Strategy |
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The investment seeks total return which exceeds that of its secondary benchmark index consistent with prudent investment management.
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The fund seeks to exceed the total return of its secondary benchmark index by investing under normal circumstances in S&P 500 Index derivatives and MSCI Europe Australasia Far East ("EAFE") Net Dividend Index (USD Unhedged) derivatives, backed by a portfolio of Fixed Income Instruments. "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. It may invest in common stocks, options, futures, options on futures and swaps. |
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Morningstar Category: Global Large-Stock Blend |
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Global large-stock blend portfolios invest in a variety of international stocks and typically skew towards large caps that are fairly representative of the global stock market in size, growth rates, and price. World large stock blend portfolios have few geographical limitations. It is common for these portfolios to invest the majority of their assets in developed markets, with the remainder divided among the globe’s emerging markets. These portfolios are not significantly overweight U.S. equity exposure relative to the Morningstar Global Market Index and maintain at least a 20% absolute U.S. exposure.
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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. |
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% of Net Assets |
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U.S. Stocks |
49.8 |
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Non-U.S. Stocks |
50.0 |
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Bonds |
83.1 |
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Cash |
-82.9 |
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Other |
0.0 |
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Total |
100.0 |
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Data through
2024-06-30 |
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Morningstar Equity Sectors |
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% of Stocks |
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Cyclical |
32.25 |
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Basic Materials |
4.10 |
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Consumer Cyclical |
10.33 |
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Financial Services |
15.80 |
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Real Estate |
2.02 |
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Sensitive |
45.73 |
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Communication Services |
6.59 |
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Energy |
3.77 |
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Industrials |
11.84 |
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Technology |
23.53 |
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Defensive |
22.03 |
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Consumer Defensive |
6.81 |
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Healthcare |
12.72 |
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Utilities |
2.50 |
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Data through 2024-06-30 |
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Morningstar World Regions |
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% Fund |
Americas |
53.3 |
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North America |
53.3 |
Latin America |
0.0 |
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Greater Europe |
31.0 |
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United Kingdom |
6.8 |
Europe Developed |
24.0 |
Europe Emerging |
0.0 |
Africa/Middle East |
0.3 |
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Greater Asia |
15.7 |
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Japan |
10.6 |
Australasia |
3.6 |
Asia Developed |
1.4 |
Asia Emerging |
0.0 |
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Data through 2024-06-30 |
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Total Number of Stock Holdings |
31 |
Total Number of Bond Holdings |
254 |
% of Net Assets in Top 10 Holdings |
128.63 |
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Turnover % |
(as of 2023-12-31) |
127.00 |
30 Day SEC Yield % |
3.98 |
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Sector |
Country |
% of Net Assets
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MSCI EAFE Index Future Sept 24 |
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50.11 |
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E-mini S&P 500 Future Sept 24 |
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United States |
49.78 |
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United States Treasury Notes 5.5052% |
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United States |
9.58 |
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E-mini Dow $5 Future Sept 24 |
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United States |
5.04 |
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United States Treasury Notes 0.75% |
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United States |
3.65 |
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United States Treasury Notes 0.125% |
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United States |
2.32 |
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NVDA US TRS EQUITY FEDL01+61 BOA |
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United States |
2.23 |
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NVIDIA Corp |
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United States |
2.23 |
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2 Year Treasury Note Future Sept 24 |
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United States |
2.17 |
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United States Treasury Notes 0.25% |
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United States |
1.52 |
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Short Sale, Credit and Counterparty, Prepayment (Call), Currency, Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Issuer, Interest Rate, Market/Market Volatility, Equity Securities, ETF, Futures, High-Yield Securities, Mortgage-Backed and Asset-Backed Securities, Restricted/Illiquid Securities, Derivatives, Leverage, Sovereign Debt, Management, Structured Products |
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Show Risk Definitions |
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Inception Date: 2010-04-14 |
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Jing Yang (2018-07-20) |
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Ms. Yang is a managing director and portfolio manager in the Newport Beach office. She oversees the asset-backed securities portfolio management team and focuses on StocksPLUS, multi-sector credit, and securitized strategies. Prior to joining PIMCO in 2006, she worked in home equity loan structuring at Morgan Stanley in New York. She holds both a Ph.D. in ecology and evolution with a focus on bioinformatics and a master’s degree in statistics from the University of Chicago. |
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Bryan Tsu (2018-07-20) |
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Mr. Tsu is a managing director and portfolio manager in the Newport Beach office. He manages StocksPLUS, multi-sector credit, and securitized strategies. He is also a senior member of the insurance solutions team and a senior commercial mortgage-backed securities specialist. Mr. Tsu currently serves as a rotating member of PIMCO's Americas portfolio committee, which he has previously co-chaired, and he has also served as a rotating member of PIMCO's Investment Committee. Prior to joining PIMCO in 2008, he worked at Bear Stearns in New York. He holds a bachelor's degree in economics and operations research from Columbia University. |
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Marc P. Seidner (2021-02-04) |
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Mr. Seidner is CIO Non-traditional Strategies, a managing director and head of portfolio management in the New York office. He is also a generalist portfolio manager and a member of the Investment Committee. He rejoined PIMCO in November 2014 after serving as head of fixed income at GMO LLC. Prior to joining PIMCO in 2009, he was a managing director and domestic fixed income portfolio manager at Harvard Management Company. Previously, he was director of active core strategies at Standish Mellon Asset Management. He holds an undergraduate degree in economics from Boston College. |
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Pacific Investment Management Company, LLC |
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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.
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