PIMCO Balanced Allocation Portfolio
Data updated: 2026-08-31
C000125492 — PIMCO Balanced Allocation Portfolio. Alternative · $138.74M AUM · 0.96% expense ratio. Holdings, fees, performance and SEC filings.
C000125492 Fund Overview
PIMCO Balanced Allocation Portfolio is a US mutual fund managed by PIMCO Variable Insurance Trust, categorised as Alternative. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: PIMCO Variable Insurance Trust
- Category: Alternative
- Assets under management: $138.74M
- 1-year return: -6.7%
- SEC CIK: 0001047304
- SEC series ID: S000036160
- Share class ID: C000125492
C000125492 Investment Objective and Strategy
PIMCO Balanced Allocation Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by PIMCO Variable Insurance Trust.
Investment objective
The Portfolio seeks total return which exceeds that of a blend of 35% S&P 500 Index / 25% MSCI EAFE Index / 40% Bloomberg U.S. Aggregate Index.
Principal investment strategy
The Portfolio seeks to achieve its investment objective by investing, under normal circumstances, in equity derivatives and other equity-related investments that provide equity-related exposure equivalent to 50-70% of its net assets (such portion of the Portfolios Portfolio, the Equity Sleeve) and the remainder of its net assets in a diversified portfolio of Fixed Income Instruments (such portion of the Portfolios Portfolio, the Fixed Income Sleeve). Fixed Income Instruments include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. The average portfolio duration of the Portfolios Fixed Income Sleeve normally varies within 1 year (plus or minus) of the portfolio duration of the securities comprising the Bloomberg U.S.
Aggregate Index, as calculated by PIMCO, which as of February 28, 2026 was 5.86 years. Duration is a measure used to determine the sensitivity of a securitys price to changes in interest rates. The longer a securitys duration, the more sensitive it will be to changes in interest rates. The Equity Sleeve seeks to provide returns that are correlated to the returns of the S&P 500 Index and MSCI Europe Australasia Far East (EAFE) Net Dividend Index (USD Unhedged) in proportion to their relative weights in the Portfolios investment objective. Within the Equity Sleeve, the Portfolio will invest under normal circumstances in S&P 500 Index derivatives and MSCI EAFE Net Dividend Index (USD Unhedged) derivatives, backed by a portfolio of short-term Fixed Income Instruments. Within the Equity Sleeve, the Portfolio will normally use equity derivatives instead of stocks to attempt to achieve the Portfolios investment objective.
However, the Portfolio may invest some or all of the net assets attributable to the Equity Sleeve in stocks. The value of equity derivatives should closely track changes in the value of underlying securities or indices. However, derivatives may be purchased with a small fraction of the assets that would be needed to purchase the equity securities directly, so that the remainder of the assets attributable to the Equity Sleeve may be invested in short-term Fixed Income Instruments. The Fixed Income Sleeve seeks to provide returns that equal or exceed the returns of the Bloomberg U.S. Aggregate Index. Within the Fixed Income Sleeve, the Portfolio invests primarily in investment grade debt securities, but may invest up to 10% of its total assets in high yield securities (junk bonds), as rated by Moodys Ratings (Moodys), Standard & Poors Ratings Services (S&P) or Fitch Ratings, Inc.
(Fitch), or, if unrated, as determined by PIMCO. In the event that ratings services assign different ratings to the same security, PIMCO will use the highest rating as the credit rating for that security. Within the Fixed Income Sleeve, the Portfolio may invest up to 15% of its total assets in securities denominated in foreign currencies, and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers. Within the Fixed Income Sleeve, the Portfolio will normally limit its net foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 5% of its total assets. Within the Fixed Income Sleeve, the Portfolio may invest up to 5% of its total assets in securities and instruments that are economically tied to emerging market countries. The Portfolio also may invest in affiliated and unaffiliated exchange-traded funds and mutual funds (Acquired Funds).
The Portfolio may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities, subject to applicable law and any other restrictions described in the Portfolios prospectus or Statement of Additional Information. Within the Fixed Income Sleeve, the Portfolio may invest up to 10% of its total assets in preferred securities. The Portfolio may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales.
C000125492 Holdings
Top 10 holdings of PIMCO Balanced Allocation Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Citigroup Global Markets, Inc. | 41.01% |
| Pimco Prv Short Term Flt Iii | 17.96% |
| PIMCO Income Fund | 11.55% |
| PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund | 4.01% |
| Umbs, Tba | 1.89% |
| United States Treasury | 1.79% |
| Umbs, Tba | 1.76% |
| United States Treasury | 1.41% |
| United States Treasury | 1.29% |
| United States Treasury | 1.14% |
C000125492 Portfolio Allocation
Asset-class allocation of PIMCO Balanced Allocation Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 59.0% |
| Fixed Income | 15.9% |
| Equity | 15.6% |
| Securitized | 9.4% |
| Derivatives | 0.1% |
| Real Estate | 0.1% |
C000125492 Performance
Total returns for C000125492 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -6.7% |
| 3 years (annualised) | 5.0% |
C000125492 Risk Information
Risk metrics for C000125492, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.9%
C000125492 Costs and Fees
C000125492 costs about $96 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.96%
- Gross expense ratio: 0.99%
- Portfolio turnover: 263%
- Brokerage commissions: 0.78 bps of average net assets (SEC N-CEN)
C000125492 Cashflows
Over the 12 months to 2026-06, PIMCO Balanced Allocation Portfolio had net outflows of $16.08M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $5.24M |
| 2026-05 | −$2.06M |
| 2026-04 | −$2.20M |
| 2026-03 | −$1.52M |
| 2026-02 | −$1.90M |
| 2026-01 | −$1.84M |
C000125492 Debt Constituents
Largest debt holdings of PIMCO Balanced Allocation Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 1.79% |
| United States Treasury | 1.41% |
| United States Treasury | 1.29% |
| United States Treasury | 1.14% |
| United States Treasury | 1.00% |
| United States Treasury | 0.81% |
| United States Treasury | 0.72% |
| United States Treasury | 0.65% |
| United States Treasury | 0.61% |
| United States Treasury | 0.55% |
C000125492 Prospectus and SEC Filings
Official PIMCO Balanced Allocation Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus supplement (497) — filed 2024-08-05
- Portfolio holdings (N-PORT) — filed 2026-08-31
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-03-02
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-17
Related Funds
Other Alternative funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.