Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print PIMCO VIT Real Return Instl 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 139 Inflation-Protected Bond Funds Morningstar® Style Box™ What is this? As of 2024-06-30 Total Fund Assets ($ Mil) 1,400.52 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks maximum real return, consistent with preservation of real capital and prudent investment management. The portfolio seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets in inflation-indexed bonds of varying maturities issued by the U.S. and non-U.S. governments, their agencies or instrumentalities and corporations, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. Assets not invested in inflation-indexed bonds may be invested in other types of Fixed Income Instruments.

Morningstar Category: Inflation-Protected Bond Inflation-protected bond portfolios invest primarily in debt securities that adjust their principal values in line with the rate of inflation. These bonds can be issued by any organization, but the U.S. Treasury is currently the largest issuer for these types of securities.

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 75.4 Cash 0.4 Other 25.0 Total 100.0 Data through 2024-06-30 Morningstar Fixed-Income Sectors % Fund Government 53.15 Corporate 0.09 Securitized 9.03 Municipal 0.00 Cash & Equivalents 33.67 Derivative 4.06 Data through 2024-06-30 Credit Analysis % Bonds AAA 93.33 AA 1.42 A 1.52 BBB 2.42 BB 0.26 B 0.36 Below B 0.70 Not Rated 0.00 Data through 2024-06-30 Holding Status Total Number of Stock Holdings 0 Total Number of Bond Holdings 419 % of Net Assets in Top 10 Holdings 64.30 Turnover % (as of 2023-12-31) 125.00 30 Day SEC Yield % 2.54 Top Holdings Maturity Date Shares Value $000 % of Net Assets 5 Year Treasury Note Future Sept 24 2024-10-01 2 -182,361 12.84 Ultra 10 Year US Treasury Note Future Sept 24 2024-09-20 1 125,751 8.86 US Treasury Bond Future Sept 24 2024-09-20 --- -103,245 7.27 2 Year Treasury Note Future Sept 24 2024-10-01 --- -90,062 6.34 United States Treasury Notes 0.625% 2032-07-15 88,172 79,099 5.57 United States Treasury Notes 0.5% 2028-01-15 81,585 76,896 5.42 United States Treasury Notes 2.375% 2028-10-15 71,867 72,826 5.13 10 Year Treasury Note Future Sept 24 2024-09-20 --- -68,547 4.83 United States Treasury Bonds 3.875% 2029-04-15 53,575 57,887 4.08 TRS R 5.5/9128287D6 MYC 2024-07-22 50,000 56,275 3.96 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, Equity Securities, 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: 2000-04-10 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. Daniel He   (2019-12-11) Mr. He is an Executive Vice President and portfolio manager at Pacific Investment Management Company LLC ("PIMCO"). He has managed the MainStay VP PIMCO Real Return Portfolio since 2019. Mr. He is currently a member of the liquid products group specializing in real return and mortgage-backed securities and serves as a member of the Americas portfolio committee. Previously, he was a member of the global rates desk focusing on government bonds, foreign exchange, and interest rate derivatives. Prior to joining PIMCO in 2011, he structured and traded derivative strategies for a global macro hedge fund. Mr. He has investment experience since 2005 and holds an MBA from the University of Chicago Booth School of Business. He also holds a master’s degree in financial engineering and an undergraduate degree in computer science from the National University of Singapore. Investment Advisor(s) Pacific Investment Management Company, LLC Issuer PIMCO Subadvisor(s) ---

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