Long Term Bond
Bond with a maturity period of more than 15 years. Long bonds pay higher interest rates but have greater credit and inflation risk. Also called long bond.
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PIMCO VIT Long Term U.S. Government
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The Allianz Investment Management LLC, Allianz Global Investors, NFJ Investment Group LLC, RCM Capital Management LLC, and PIMCO investment options are managed by Allianz Life Insurance Company of New York and Allianz Life Financial Services, LLC. Both are affiliated companies.
Guarantees are backed by the financial strength and claims-paying ability of the issuing company. Variable annuity guarantees do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions.
• Not FDIC insured • May lose value • No bank or credit union guarantee • Not a deposit • Not insured by any federal government agency or NCUA/NCUSIF
Products are issued by Allianz Life Insurance Company of New York, 1633 Broadway, 42nd Floor, New York, NY 10019-7585. Variable products are distributed by its affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297.
Product and feature availability may vary by state and broker/dealer.
