PIMCO VIT Total Return

  • Trading Symbol: FPOAC

Morningstar® Snapshot*

Returns 5 out of 5, High Returns
Risk of this Category Category Risk Rating:3, where 1 is Lower and 10 is Higher

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


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AS OF 2/28/2015
Average Annual Returns
YTD (Daily)* 1 Yr 3 Yr 5 Yr Life
FPOAC +1.78% +3.49% +2.83% +3.78% +3.98%
*AS OF 3/27/2015; Value is cumulative

Hypothetical Growth of $10,000

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Shows growth of hypothetical $10,000 investment in PIMCO VIT Total Return fund over the selected time period

The chart illustrates the performance of a hypothetical $10,000 investment made in the fund ten years ago or on commencement of operations (whichever is later). Figures include reinvestment of capital gains and dividends, and reflect the effects of the annual annuity charge and the underlying fund's expenses. Figures do not reflect the effects of any applicable redemption fees, maintenance charges, or surrender fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

The performance data featured represents past performance, which is no guarantee of future results. Investment returns and the principal value of a variable annuity will fluctuate; therefore, you may have a gain or loss when money is withdrawn or received. Fund performance fluctuates and currently may be significantly higher or lower than stated.

Fund Manager(s)

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Mihir P. Worah since 9/26/2014 Scott A. Mather since 9/26/2014 Mark R. Kiesel since 9/26/2014

Fund Overview


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


The portfolio normally 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 junk bonds rated B or higher. The Portfolio will normally limit its foreign currency exposure (from non-U.S. dollar denominated securities or currencies) to 20% of its total assets.


In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible. Additional risk information for this product may be found in the prospectus or other product materials, if available.


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Morningstar Category
Intermediate-Term Bond
Subaccount Inception
Unit Value
Turnover Rate
Annual Maintenance Fee
Net Assets ($M)
12 Month Low-High
$11.88 - $12.52

Fixed Income

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Top 10 Holdings

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AS OF 12/31/2014
Irs Usd 0.665 04/17/15-1y (Wht) Cme 22.54%
30 Year US Treasury Bond Future Mar15 16.30%
10 Year US Treasury Note Future Mar15 15.69%
Fin Fut Euro$ Cme (Wht) 06/15/15 8.80%
Fin Fut Euro$ Cme (Wht) 09/14/15 8.76%
Irs Usd 1.000 04/17/15-2y Cme 7.94%
Fin Fut Uk 90day Ice (Wht) 06/17/15 7.33%
Ois Usd Fedl01/0.08875 10/29/14 Cme 5.99%
Fin Fut Euro$ Cme (Wht) 12/14/15 4.67%
Irs Mxn P 3.370 12/23/14-0y* Myc 4.61%
% of Total Portfolio 102.63%
Total # of holdings: 1644 as of 12/31/2014

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.

0.65% AS OF 4/30/2014
1 Yr 3 Yr 5 Yr 10 Yr Life*
PIMCO VIT Total Return 3.44% 3.03% 3.81% -- 3.75%
Barclays U.S. Agg Bond 5.97% 2.66% 4.45% 4.71% --
Intermediate-Term Bond 3.69% 1.79% 3.20% 2.98% --

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