PIMCO VIT Low Duration

  • Trading Symbol: FPMBC
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Morningstar® Snapshot*

AS OF 12/31/2014; MORNINGSTAR CATEGORY: SHORT-TERM BOND
Returns 5 out of 5, High Returns
LOW AVG HIGH
Risk of this Category Category Risk Rating:2, where 1 is Lower and 10 is Higher
LOWER HIGHER

*Data provided by Morningstar. Please click on the indicator above to learn more about comparison groups and methodology.

Performance

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AS OF 12/31/2014
Average Annual Returns
YTD (Daily)* 1 Yr 3 Yr 5 Yr Life
FPMBC +0.60% +0.60% +1.90% +2.31% +2.44%
*AS OF 1/26/2015; Value is cumulative
SUBACCOUNT INCEPTION 9/30/2009

Fund Manager(s)

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Scott A. Mather since 9/26/2014 Jerome M. Schneider since 9/26/2014

Fund Overview

Objective

The investment seeks maximum total return, consistent with preservation of capital and prudent investment management.

Strategy

The Portfolio invests at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. It invests primarily in investment grade debt securities, but may invest up to 10% of its total assets in high yield securities ("junk bonds") rated B or higher. The Portfolio may invest up to 10% of its total assets in securities and instruments that are economically tied to emerging market countries.

Details

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Morningstar Category
Short-Term Bond
Subaccount Inception
9/30/2009
Unit Value
$11.45
1/26/2015
4/30/2014
Turnover Rate
316%
12/31/2013
Net Assets ($M)
$225.89
12/31/2014
12 Month Low-High
$11.30 - $11.47
12/31/2014

Top 10 Holdings

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AS OF 9/30/2014
Fin Fut Euro$ Cme (Red) 12/14/15 59.44%
Fin Fut Euro$ Cme (Wht) 12/15/14 16.18%
Fin Fut Euro$ Cme (Red) 03/14/16 9.03%
Fin Fut Euro$ Cme (Red) 06/13/16 6.98%
Fin Fut Euro$ Cme (Grn) 03/13/17 4.84%
Fin Fut Euro$ Cme (Red) 09/19/16 3.52%
Italian Btp Bond 1.15% 05/15/2017 2.61%
Italian Btp Bond 2.25% 05/15/2016 1.80%
Cdx Ig22 5y Ice 1.24%
Cdx Hy22 5y Ice 1.16%
% of Total Portfolio 106.79%
Total # of holdings: 763 as of 9/30/2014

Quarter-End Average Annual Total Returns

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AS OF 12/31/2014; *SUBACCOUNT INCEPTION 9/30/2009 Glossary definition opens in new window.

EXPENSE RATIO (GROSS):
0.65% AS OF 4/30/2014
1 Yr 3 Yr 5 Yr 10 Yr Life*
PIMCO VIT Low Duration 0.60% 1.90% 2.31% -- 2.44%
BofA ML 1-3 Yr US Treas 0.62% 0.47% 1.06% 2.54% --
Short-Term Bond -0.56% 0.20% 0.64% 1.30% --

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