PIMCO Variable Insurance Trust
Supplement dated November 30, 2000 to the
Prospectus dated April 1, 2000
The following information supplements the information appearing under the
heading "Management of the Trust" in the accompanying prospectus.
Disclosure relating to the
Foreign Bond and Global Bond Portfolios
Effective November 30, 2000, Michael R. Asay, Ph.D. assumed management
responsibilities for the Foreign Bond and Global Bond Portfolios. Dr. Asay
joined PIMCO as a Senior Vice President in 1998. Prior to joining PIMCO, he was
a Vice President and Director of Market Research for Goldman Sachs and Company
from 1986-1997, where he developed fixed income trading strategies and
quantitative analytics for Asian and European markets.
Disclosure relating to the
High Yield Bond Portfolio
Effective November 30, 2000, Andrea S. Feingold assumed management
responsibility for the High Yield Bond Portfolio. Ms. Feingold joined PIMCO as
an Executive Vice President in 2000. Prior to joining PIMCO, she was a Managing
Director of Triumph Capital from 1999-2000, where she was founder of the high
yield group. Prior to that, she was associated with Colonial Management
Associates from 1993-1999, where she was a portfolio manager of two high yield
funds.
