US: Pacific Investment Management Company LLC
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These Income Dividends are only estimates and may change significantly prior to the actual distribution date.

An Important Note on PIMCO Variable Insurance Trust (PVIT)
Fourth Quarter Income Distributions

Shareholders in the All Asset, CommodityRealReturn Strategy, Global Multi-Asset should be aware that due to the fluctuating nature of income realization in these Funds, substantial fourth quarter dividend distributions may result in order to comply with Internal Revenue Tax Code distribution requirements for mutual funds. Each of these Funds declare and distribute income dividends quarterly. As noted in the Funds’ prospectus, "Fund distributions are taxable to shareholders even if they are paid from income or gains earned by a Fund prior to the shareholder’s investment and thus were included in the price paid for the shares. For example, a shareholder who purchases shares on or just before the record date of a Fund distribution will pay full price for the shares and may receive a portions of his or her investment back as a taxable distribution." Dividends for these Funds are scheduled to be paid to shareholders of record on the record date. Please note that the income distribution referenced is separate from capital gains that will be distributed earlier in December to shareholders.

You should also be aware that unforeseen fluctuations in each Fund’s income may ultimately result in all, or a portion, of the Funds’ income distributions being classified as a “return of capital” under U.S. tax law. For more information about distributions, returns of capital, and other tax implications of distributions, please refer to the PIMCO Variable Insurance Trust prospectuses and, in particular, the sections entitled "Fund Distributions” and “Tax Consequences."

Investors should consider the investment objectives, risks, charges, and expenses of this Portfolio and the variable product carefully before investing. This and other important information are contained in the PIMCO Variable Insurance Trust (the "Portfolio") prospectus and the variable product prospectus. Ask your financial professional to explain all charges that may apply. The portfolio prospectus may be obtained by contacting your PIMCO representative. The variable product prospectus may be obtained by contacting the applicable insurance company or your Investment Consultant. Please read both the PIMCO Variable Insurance Trust prospectus and the variable product prospectus carefully before you invest or send money.

The value of most bond funds and fixed income securities are impacted by changes in interest rates; bonds and bond funds with longer durations tend to be more sensitive and more volatile than securities with shorter durations.

The Fund offers different share classes, which are subject to different fees & expenses (which may affect performance), have different minimum investment requirements and are entitled to different services.

PIMCO Funds are distributed by Allianz Global Investors Distributors LLC, 840 Newport Center Drive, Newport Beach, CA 92660, (800) 927-4648.