Request URL: https://www.principal.com/InvestmentProfiles/holdings.faces
Investment Type: coli

PIMCO VIT High Yield Division

Portfolio Composition

  as of 12/31/2023
   What's this?

Asset Type Net Short Long U.S. Bonds 87.22% 1.05%   88.27%   Non-U.S. Bonds 12.03% 0.91%   12.95%   Other 5.99% 0.0%   5.99%   Cash -5.25% 12.28%   7.03%   Total 99.99%

Top 10 Holdings   as of 12/31/2023    What's this? % of Net Assets Pimco Fds 3.97 TRS IBOXHY/SOFRINDX 03/20/24 BPS 2.24 United States Treasury Notes 4.125% 2.07 TRS IBOXHY/SOFRINDX 03/20/24 BPS 1.68 TRS IBXXLLTR/SOFRINDX 03/20/24 GST 1.07 5 Year Treasury Note Future Mar 24 1.05 TRS IBXXLLTR/SOFRINDX 03/20/24 GST 1.01 Euro Bund Future Mar 24 0.91 AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.75% 0.89 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% 0.87 Total*: 15.75 *Values may exceed 100% if both long and short positions are included in the portfolio	Morningstar Style Box™   as of 12/31/2023    What's this?
Credit Analysis   as of 12/31/2023    What's this? % Bonds AAA 2.77 AA 3.76 A 0.09 BBB 8.51 BB 58.57 B 23.91 Below B 2.40	Statistics   as of 12/31/2023 Average Eff Duration (yrs): 3.09 Average Eff Maturity (yrs): 4.76 Avg Weighted Coupon: 5.82 Avg Weighted Price: $95.39
Analysis   as of 12/31/2023 Turnover Ratio: 48.00% # Stock Holdings: 0 # Bond Holdings: 593 # Other Holdings: 20 Total # of Holdings: 613

© 2024 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Investment options are subject to investment risk. Shares or unit values will fluctuate and investments, when redeemed, may be worth more or less than their original cost. The initial offering of Executive Variable Universal Life (Executive VUL) was May 28, 2002. The initial offering of Benefit Variable Universal Life (Benefit VUL) was September, 2002. The initial offering of PrinFlex® Life was February 7, 1997. The initial offering of Principal Variable Universal Life (VUL) Income was August 23, 2004. The initial offering of Principal Variable Universal Life (VUL) Income Plus, the VUL Income with the Surrender Charge Adjustment Rider, was February 18, 2006. The initial offering of Principal Variable Universal Life (VUL) Accumulator II was February 11, 2003. The initial offering of Variable Universal Life Accumulator was November 19, 2001. The initial offering of Flex Variable Life Insurance was November 1, 1988. The initial offering of Survivorship Variable Universal Life was July 1, 1999. The initial offering of The Principal Variable Annuity was June 16, 1994. The initial offering of Principal Freedom Variable Annuity was April 30, 1999. The initial offering of The Principal Investment Plus Variable Annuity was January 4, 2005. The initial offering of Principal Freedom Variable Annuity 2 was September 18, 2006. The initial offering of Principal Variable Universal Life (VUL) Income II was 07/03/2008. The initial offering of Executive Variable Universal Life II (Executive VUL II) was October 3, 2008. The initial offering of Benefit Variable Universal Life II (Benefit VUL II) was October 3, 2008. Some of the underlying funds into which the divisions invest were offered prior to these dates. Inception dates are noted. This material is authorized for distribution to prospective investors only when preceded or accompanied by a current prospectus for the Variable Universal Life product or Variable Annuity product and the underlying investment options. Insurance products from the Principal Financial Group® are issued by Principal National Life Insurance Company (except in New York) and Principal Life Insurance Company. Securities offered through Principal Securities, Inc., 800-247-9988, member SIPC. Principal National, Principal Life, and Principal Securities are members of the Principal Financial Group®, Des Moines, IA 50392. Not FDIC Insured May Lose Value - Not a Deposit - No Bank Guarantee Not Insured by any Federal Government Agency

Fees and expenses are only one of several factors that participants and beneficiaries should consider when making investment decisions.  The cumulative effect of fees and expenses can substantially reduce the growth of a participant's or beneficiary's retirement account.  Participants and beneficiaries can visit the Employee Benefit Security Administration's website for an example demonstrating the long-term effect of fees and expenses.

Merrill Lynch U.S. High Yield Master II Index measures the performance of high yield bonds. High yield investment options are subject to greater credit risk and volatility that is associated with high yield bonds.