Morningstar® Investment Profile™   Morningstar®
Disclosure
  Format
for Print
PIMCO VIT StocksPLUS® Global Port Instl
Release date as of 2024-03-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-03-31
Out of 338
Global Large-Stock Blend Funds
Morningstar®
Style Box™
What is this?
As of 2023-12-31
Total Fund Assets ($ Mil)
192.23
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks total return which exceeds that of its secondary benchmark index consistent with prudent investment management.
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.
  Morningstar Category: Global Large-Stock Blend
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. 
  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 50.1
Non-U.S. Stocks 49.9
Bonds 81.8
Cash -81.9
Other 0.1
Total 100.0
Asset Allocation Long/Short/Net Graph
Data through 2023-12-31
Morningstar Equity Sectors
% of Stocks
Cyclical 34.40
Basic Materials 4.89
Consumer Cyclical 11.75
Financial Services 15.23
Real Estate 2.53
Sensitive 42.71
Communication Services 6.39
Energy 4.09
Industrials 12.11
Technology 20.12
Defensive 22.89
Consumer Defensive 7.57
Healthcare 12.58
Utilities 2.74
Data through 2023-12-31
Morningstar World Regions
% Fund
Americas 51.0
North America 51.0
Latin America 0.0
Greater Europe 32.3
United Kingdom 7.0
Europe Developed 25.0
Europe Emerging 0.0
Africa/Middle East 0.3
Greater Asia 16.7
Japan 11.1
Australasia 3.8
Asia Developed 1.8
Asia Emerging 0.0
Data through 2023-12-31
Holding Status
Total Number of Stock Holdings 5
Total Number of Bond Holdings 214
% of Net Assets in Top 10 Holdings 132.21
Turnover % (as of 2023-12-31) 127.00
30 Day SEC Yield % 4.34
Top Holdings
Sector Country % of Net
Assets
MSCI EAFE Index Future Mar 24 --- 50.14
E-mini S&P 500 Future Mar 24 --- United States 49.96
United States Treasury Notes 5.53088% --- United States 9.67
10 Year Treasury Note Future Mar 24 --- United States 7.82
2 Year Treasury Note Future Mar 24 --- United States 4.09
United States Treasury Notes 0.75% --- United States 3.70
United States Treasury Notes 0.125% --- United States 2.27
5 Year Treasury Note Future Mar 24 --- United States 1.58
United States Treasury Notes 0.25% --- United States 1.49
Federal National Mortgage Association 6.5% --- United States 1.49
Data through 2023-12-31
  Principal Risks   
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
Show Risk Definitions
  Other Information
Inception Date: 2010-04-14
Portfolio Manager(s)
Jing Yang   (2018-07-20)
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.
Bryan Tsu   (2018-07-20)
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.
Marc P. Seidner   (2021-02-04)
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.
Investment Advisor(s)
Pacific Investment Management Company, LLC
Issuer
PIMCO
Subadvisor(s)
---
Show Data Definitions

© Copyright 2024 Morningstar, Inc.
All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or any losses arising from any use of information. Past performance is no guarantee of future performance.
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.