PIMCO VARIABLE INSURANCE TRUST
24F-2NT, 1999-03-26
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APPENDIX I
SEC 2393 (9-97)


                                                    
                               UNITED STATES 
                     SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C.  20549
                                
                                FORM 24F-2
                    Annual Notice of Securities Sold
                         Pursuant to Rule 24f-2
                                
Read instructions at end of Form before preparing Form.  Please print or type.
                                
                                
1.   Name and address of issuer:

     PIMCO Variable Insurance Trust
     840 Newport Center Drive, Suite 300
     Newport Beach, CA  92660

2.   The name of each series or class of securities for which this Form
     is filed:

     Total Return Bond Portfolio, High Yield Bond Portfolio 
     and StocksPLUS Growth and Income Portfolio 


3.    Investment Company Act File Number: 811-8399

      Securities Act File Number: 333-37115

4(a).  Last day of fiscal year for which this Form is filed:

       December 31, 1998

4(b).  Check box if this Form is being filed late , (i.e.,
       more than 90 calendar days after the end of the issuer's
       fiscal year).  (See Instruction A.2)
	
      Note:  If the Form is being filed late, interest must be
      paid on the registration fee due.


4(c). Check box if this is the last time the issuer will
      be filing this Form. 
 	                                                           
5.   Calculation of registration fee:

    (i)  Aggregate sale price of securities sold during the
         fiscal year pursuant to section 24(f):
                                                         $ 16,578,774
  
    (ii) Aggregate price of securities redeemed or
         repurchased during the fiscal year: 
                                                        -$ 11,693,957
  
   (iii) Aggregate price of securities redeemed or
         repurchased during any prior fiscal year ending no
         earlier than October 11, 1995 that were not
         previously used to reduce registration fees payable
         to the Commission:
                                                          $         0


   (iv) Total available redemption credits [add Items 5(ii)
        and 5(iii)]:                                     -$ 11,693,957

   (v)  Net Sales - if Item 5(i) is greater than Item 5 (iv)
        [subtract Item 5(iv) from Item 5(i)]:
                                                          $  4,884,817
 
 
   (vi) Redemption credits available for use in future years
                                                                $  (0)
        ---If Item 5(i) is less than Item 5(iv) [subtract Item
        5(iv) from Item 5(i)]:
 
 
  
  (vii) Multiplier for determining registration fee (See
        Instruction C.9):
                                                             x .000278
 
 (viii) Registration fee due [multiply Item 5(v) by Item
        5(vii)]  (enter "0" If no fee is due):
                                                              =$ 1,358
6.   Prepaid Shares

     If  the response to item 5(i) was determined by deducting
     an amount of securities that were registered under the
     Securities Act of 1933 pursuant to rule 24e-2 as in effect
     before [effective date of rescission of rule 24e-2], then
     report the amount of securities (number or shares or other
     units) deducted here:          . If there is a number
     of shares or other units that were registered pursuant to
     rule 24e-2 remaining unsold at the end of the fiscal year
     for which this form is filed that are available for use by
     the issuer in future fiscal years, then state that number
     here:                      

7.   Interest due - if this Form is being filed more than 90 days
     after the end of the issuer's fiscal year
     (see instruction D):

                                                               +$    0

8.   Total of the amount of the registration fee due plus any
     interest due [line 5(viii) plus line 7]:

                                                              =$ 1,358 

9.   Date the registration fee and any interest payment was sent
     to the Commission's lockbox depository:

     Method of Delivery:            Wire Transfer 
                                    

                                
                                
                           SIGNATURES
                                
This report has been signed below by the following persons on
behalf of the issuer and in the capacities and on the dates
indicated.


By (Signature and Title)*


/s/ John P. Hardaway
John P. Hardaway, Treasurer
Date 03/23/99

          *Please print the name and title of the signing officer
           below the signature.



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