Morningstar® Investment Profile™   Morningstar®
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PIMCO VIT All Asset Inst
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 231
Tactical Allocation Funds
Morningstar®
Style Box™
What is this?
As of 2023-12-31
As of 2023-12-31
Total Fund Assets ($ Mil)
268.41
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 is a "fund of funds," which is a term used to describe mutual funds that pursue their investment objective by investing in other funds. It invests under normal circumstances substantially all of its assets in the least expensive class of shares of any actively managed or smart beta funds (including mutual funds or exchange-traded funds) of PIMCO Funds, PIMCO ETF Trust or PIMCO Equity Series, each an affiliated open-end investment company, except other funds of funds and Underlying PIMCO Funds.
  Morningstar Category: Tactical Allocation
Tactical Allocation portfolios seek to provide capital appreciation and income by actively shifting allocations across investments. These portfolios have material shifts across equity regions, and bond sectors on a frequent basis. To qualify for the tactical allocation category, the fund must have minimum exposures of 10% in bonds and 20% in equity. Next, the fund must historically demonstrate material shifts in sector or regional allocations either through a gradual shift over three years or through a series of material shifts on a quarterly basis. Within a three-year period, typically the average quarterly changes between equity regions and bond sectors exceeds 15% or the difference between the maximum and minimum exposure to a single equity region or bond sector exceeds 50%. 
  Investment Risks
Fund of Funds: An investment option with mutual funds in its portfolio may be subject to the expenses of those mutual funds in addition to those of the investment option itself.
  Portfolio Profile
Asset Allocation
% of Net Assets
U.S. Stocks 5.8
Non-U.S. Stocks 4.6
Bonds 63.4
Cash -10.7
Other 36.9
Total 100.0
Asset Allocation Long/Short/Net Graph
Data through 2023-12-31
Morningstar Equity Sectors
Data not available
Morningstar Fixed-Income Sectors
% Fund
Government 40.75
Corporate 4.92
Securitized 13.37
Municipal 0.06
Cash & Equivalents 26.81
Derivative 14.09
Data through 2023-12-31
Credit Analysis
% Bonds
AAA 0.64
AA 80.16
A 10.29
BBB 6.05
BB 2.86
B 0.00
Below B 0.00
Not Rated 0.00
Data through 2023-12-31
Credit Analysis Graph
Holding Status
Total Number of Stock Holdings 0
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 77.38
Turnover % (as of 2023-12-31) 57.00
30 Day SEC Yield % 3.44
Top Holdings
Sector Country Maturity Date Market Value ($000) % of Net Assets
Pimco Fds --- USA 2026-04-01 46,808 17.09
Pimco Fds --- USA 2032-07-01 45,793 16.72
PIMCO Low Duration Instl --- USA 2025-08-01 31,504 11.50
PIMCO Total Return Instl --- USA 2031-10-01 22,858 8.34
PIMCO International Bond (USD-Hdg) Instl --- USA 2031-07-01 17,778 6.49
PIMCO Emerging Mkts Lcl Ccy and Bd Instl --- USA 2030-12-01 11,564 4.22
PIMCO RAE Fundamental AdvantagePLUS Inst --- USA 2026-10-01 9,614 3.51
PIMCO RAE Worldwide Long/Short PLUS Inst --- USA 2026-06-01 9,474 3.46
PIMCO RAE Emerging Markets Instl --- USA 2036-04-01 8,309 3.03
PIMCO TRENDS Managed Futures Strat Instl --- USA 2036-11-01 8,276 3.02
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, Municipal Project-Specific, Nondiversification, Value Investing, Index Correlation/Tracking Error, Issuer, Interest Rate, Market/Market Volatility, Commodity, Convertible Securities, Distressed Investments, Equity Securities, ETF, Futures, High-Yield Securities, Mortgage-Backed and Asset-Backed Securities, Municipal Obligations, Leases, and AMT-Subject Bonds, Other, Restricted/Illiquid Securities, Underlying Fund/Fund of Funds, U.S. Federal Tax Treatment, Derivatives, Leverage, Sovereign Debt, Management, Small Cap, Real Estate/REIT Sector, Market Trading
Show Risk Definitions
  Other Information
Inception Date: 2006-01-31
Portfolio Manager(s)
Robert D. Arnott   (2003-04-30)
Mr. Arnott is the founder and chairman of Research Affiliates, a subadvisor to PIMCO. In 2002, he established Research Affiliates as a research-intensive asset management firm that focuses on innovative asset allocation and alternative indexation products. He previously served as chairman of First Quadrant, as president of TSA Capital Management (now part of Analytic Investors), and as vice president at The Boston Company. He also was global equity strategist at Salomon Brothers. He has published more than 100 articles in journals.
Christopher J. Brightman   (2016-11-07)
Chris Brightman, Chief Executive Officer, Research Affiliates, since July 2021, and Chief Investment Officer since April 2014. Previously at Research Affiliates, Mr. Brightman served as a Managing Director and Head of Investment Management. Prior to joining Research Affiliates in 2010, Mr. Brightman was chief executive officer of the University of Virginia Investment Management Company.
James Masturzo   (2023-07-31)
Investment Advisor(s)
Pacific Investment Management Company, LLC
Issuer
PIMCO
Subadvisor(s)
Research Affiliates LLC
Show Data Definitions

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