PIMCO VIT Low Duration Advisor  FOUSA05XNB
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Short-Term Bond Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   2.51 Yrs
   Avg Credit Quality
   AA
As of 2009-06-30
Day Change
$ 0.00
  
NAV (2009-11-20)
$ 10.58
  
YTD Return % (2009-11-20)
12.94%
  
Total Assets ($ mil)
2,771
View Data Definitions
  Performance    
Growth of $10,000 Fund: PIMCO VIT Low Duration Advisor
(from 2006-03-31 to 2009-10-31) Category: Short-Term Bond
Index: BarCap US Agg Bond TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 2006-03-31 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 12.94 17.18 6.59 --- --- 6.35
+/- Category 3.85 7.59 2.98 --- --- ---
+/- BarCap US Agg Bond TR USD --- --- --- --- --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 11.74 12.71 6.40 --- --- 6.28
Month-End (as of 2009-10-31) 12.59 14.44 6.50 --- --- 6.35
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 12.46 4.81 --- --- ---
On Distribution & Sale of Shares --- 9.48 4.56 --- --- ---
Morningstar Rating --- --- --- --- ---
# of compared funds covered (3 yrs : out of 360 funds), (5 yrs : out of funds), (10 yrs : out of funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
US Government 15.76
US Treasuries 0.37
TIPS 0.00
US Agency 15.38
Mortgage 33.92
Mortgage Pass-Thru 24.86
Mortgage CMO 9.06
Mortgage ARM 0.00
Credit 9.45
US Corporate 7.14
Asset-Backed 2.31
Convertible 0.00
Municipal 0.00
Corporate Inflation-Protected 0.00
Foreign 2.07
Foreign Corp 1.37
Foreign Govt 0.69
Cash 38.81
Bond Quality % of Bonds
AAA 74.0
AA 8.0
A 7.0
BBB 7.0
BB 1.0
B 0.0
Below B 3.0
Not Rated 0.0
 
Asset Allocation
% of Net Assets
Cash 32.6
Stocks 0.0
Bonds 59.2
Other 8.2
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-06-30 Data through 2009-06-30
 
Holding Status
Total Number of Stock Holdings Turnover % 293
Total Number of Bond Holdings 364 30 Day SEC Yield % 1.70
% of Assets in Top 10 Holdings 45.18 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
FNMA 2037-07-12 74,000 77,342 11.88
PIMCO FDS PRIVATE ACCOUNT PORTFOLIO SER 2009-12-01 3,922 39,259 6.03
FHLMC FRN 2011-05-04 33,700 33,787 5.19
Zcs Brl R 13.845%/Cdi 4/28/08 Brc 2012-01-02 76,100 29,818 4.58
FNMA 6% 2039-03-01 26,022 27,239 4.18
Fnma Pass Thru Mtg #987971 2038-09-01 18,922 19,802 3.04
FNMA 6% 2038-09-01 18,309 19,161 2.94
FNMA 6% 2037-11-01 16,683 17,463 2.68
FNMA 6% 2037-12-01 14,560 15,241 2.34
Irs Usd R 3ml/3.5 06/24/09 Ryl 2016-06-24 15,000 15,089 2.32
Data through 2009-06-30
  Other Information
Fund Inception: 2006-03-31
Portfolio Manager  (Start Date)
William H. Gross  (1999-02-16)
Gross is founder and chief investment officer of Pacific Investment Management Company. Gross and his bond team have twice been awarded Morningstar's fixed-income manager of the year award, in 1998 and 2000. In a 1993 survey by pensions & investments magazine, he was recognized by his peers as the most influential authority on the bond market in the United States. Gross holds the Chartered Financial Analyst designation.
Sales Charge %
(taken from prospectus dated 2009-09-01)
Front: None
Deferred: None
Expense Ratio % 0.75
based on net assets
(taken from annual report dated 2008-12-31)
Correspondence Information
840 Newport Center Drive
Suite 100
Newport Beach,  CA  92660
USA
Telephone:
800-927-4648
800-927-4648
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

© Copyright 2009 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc.
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.