Cook cider in a 3-qt. saucepan over medium heat, stirring often, 10 minutes or until reduced to ¼ cup.
Stir in remaining ingredients. Bring to a boil over medium-high heat, stirring constantly; boil, stirring constantly, 2 minutes. Remove from heat, and cool completely.
Refrigerate up to 1 week.
To reheat, microwave at HIGH 10 to 15 seconds or just until warm; stir until smooth.