Edgar Filing: PIMCO STRATEGIC GLOBAL GOVERNMENT FUND INC

PIMCO Strategic Global Government Fund, Inc.


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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF

REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act File Number: 811-08216

Registrant Name: PIMCO Strategic Global Government Fund, Inc.

Address of Principal Executive Offices: 1345 Avenue of the Americas New York, New York 10105

Name and Address of Agent for Service: Lawrence G. Altadonna – 1345 Avenue of the Americas New York, New York 10105

Registrant’s telephone number, including area code: 212-739-3371

Date of Fiscal Year End: January 31, 2009

Date of Reporting Period: October 31, 2008

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b 1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1 -5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1.

Schedule of Investments.

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)				Credit Rating (Moody’s/S&P)	Value*
	U.S. GOVERNMENT AGENCY SECURITIES—190.6%
			Fannie Mae—90.6%
$	391		4.25%, 11/25/24, CMO (l)	Aaa/AAA	$	313,382
	32		4.25%, 3/25/33, CMO	Aaa/AAA		28,319
	200		5.00%, 5/25/16, CMO (l)	Aaa/AAA		201,860
	23		5.00%, 12/1/18, MBS	Aaa/AAA		22,623
	1,000		5.00%, TBA, MBS (e)	Aaa/AAA		947,344
	26		5.112%, 9/1/28, FRN, MBS	Aaa/AAA		26,153
	43		5.273%, 4/1/30, FRN, MBS (l)	Aaa/AAA		42,809
	55		5.39%, 2/1/27, FRN, MBS (l)	Aaa/AAA		55,493
	119		5.50%, 8/25/14, CMO (l)	Aaa/AAA		121,465
	46		5.50%, 12/25/16, CMO (l)	Aaa/AAA		47,186
	125		5.50%, 7/25/24, CMO (l)	Aaa/AAA		123,089
	147		5.50%, 4/1/32, MBS (l)	Aaa/AAA		145,080
	98		5.50%, 12/25/32, CMO (l)	Aaa/AAA		99,786
	887		5.50%, 12/25/34, CMO (l)	Aaa/AAA		825,290
	1,370		5.50%, 4/25/35, CMO (l)	Aaa/AAA		1,271,149
	13,500		5.50%, TBA, MBS (e)	Aaa/AAA		13,189,918
	18		5.54%, 2/1/32, FRN, MBS	Aaa/AAA		18,146
	173		5.611%, 3/1/32, FRN, MBS (l)	Aaa/AAA		172,750
	102		5.671%, 12/1/28, FRN, MBS (l)	Aaa/AAA		102,936
	100		5.75%, 6/25/33, CMO (l)	Aaa/AAA		93,135
	2,500		5.807%, 8/25/43, CMO (l)	Aaa/AAA		2,407,383
	101		6.00%, 2/25/17, CMO (l)	Aaa/AAA		104,282
	359		6.00%, 4/25/17, CMO (l)	Aaa/AAA		369,430
	8,071		6.00%, 1/25/44, CMO	Aaa/AAA		8,252,574
	141,100		6.00%, TBA, MBS (e)	Aaa/AAA		140,813,426
	82		6.468%, 11/1/27, FRN, MBS (l)	Aaa/AAA		84,861
	1		6.48%, 2/1/28, FRN, MBS	Aaa/AAA		1,147
	62		6.50%, 5/1/13, MBS (l)	Aaa/AAA		63,366
	50		6.50%, 10/1/13, MBS (l)	Aaa/AAA		50,853
	433		6.50%, 2/1/14, MBS (l)	Aaa/AAA		443,456
	337		6.50%, 6/25/23, CMO (l)	Aaa/AAA		352,058
	3		6.50%, 12/1/23, MBS	Aaa/AAA		2,648
	—	(h)	6.50%, 3/1/24, MBS	Aaa/AAA		214
	38		6.50%, 4/1/27, MBS (l)	Aaa/AAA		38,760
	580		6.50%, 11/18/27, CMO (l)	Aaa/AAA		593,623
	13		6.50%, 1/1/28, MBS	Aaa/AAA		13,191
	722		6.50%, 2/1/28, MBS (l)	Aaa/AAA		738,505
	66		6.50%, 4/1/28, MBS (l)	Aaa/AAA		67,997
	156		6.50%, 9/1/28, MBS (l)	Aaa/AAA		159,199
	1,012		6.50%, 11/1/28, MBS (l)	Aaa/AAA		1,035,455
	132		6.50%, 1/1/29, MBS (l)	Aaa/AAA		134,797
	56		6.50%, 2/1/29, MBS (l)	Aaa/AAA		57,680
	672		6.50%, 3/1/29, MBS (l)	Aaa/AAA		686,621
	105		6.50%, 4/1/29, MBS (l)	Aaa/AAA		107,180
	26		6.50%, 5/1/29, MBS	Aaa/AAA		26,343
	91		6.50%, 6/1/29, MBS (l)	Aaa/AAA		93,880
	1,076		6.50%, 7/1/29, MBS (l)	Aaa/AAA		1,099,407
	24		6.50%, 8/1/29, MBS	Aaa/AAA		24,517
	5		6.50%, 9/1/29, MBS	Aaa/AAA		5,198
	15		6.50%, 12/1/29, MBS	Aaa/AAA		15,814

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)			Credit Rating (Moody’s/S&P)	Value*
		Fannie Mae (continued)
$	106	6.50%, 8/1/31, MBS (l)	Aaa/AAA	$	107,107
	2,037	6.50%, 9/25/31, CMO (l)	Aaa/AAA		2,065,854
	128	6.50%, 10/1/31, MBS (l)	Aaa/AAA		129,731
	61	6.50%, 11/1/31, MBS (l)	Aaa/AAA		62,291
	3,601	6.50%, 3/25/32, CMO (l)	Aaa/AAA		3,619,795
	77	6.50%, 6/1/32, MBS (l)	Aaa/AAA		77,569
	205	6.50%, 8/1/32, MBS (l)	Aaa/AAA		207,072
	123	6.50%, 9/1/32, MBS (l)	Aaa/AAA		124,046
	1,512	6.50%, 12/25/41, CMO (l)	Aaa/AAA		1,572,912
	4,384	6.50%, 7/25/42, CMO	Aaa/AAA		4,599,190
	384	6.50%, 8/25/42, CMO (l)	Aaa/AAA		401,727
	4,879	6.50%, 9/25/42, CMO	Aaa/AAA		5,114,390
	62	6.50%, 10/25/42, CMO	Aaa/AAA		65,344
	99	6.50%, 12/25/42, CMO	Aaa/AAA		99,647
	2,044	6.50%, 6/25/44, CMO	Aaa/AAA		2,144,427
	136	6.745%, 12/1/25, FRN, MBS (l)	Aaa/AAA		138,747
	86	6.85%, 12/18/27, CMO (l)	Aaa/AAA		89,326
	309	7.00%, 7/18/12, CMO (l)	Aaa/AAA		319,361
	176	7.00%, 1/1/13, MBS (l)	Aaa/AAA		184,529
	29	7.00%, 2/1/15, MBS (l)	Aaa/AAA		30,193
	332	7.00%, 3/1/16, MBS (l)	Aaa/AAA		346,463
	181	7.00%, 5/1/16, MBS (l)	Aaa/AAA		190,880
	228	7.00%, 11/1/16, MBS (l)	Aaa/AAA		234,399
	587	7.00%, 5/1/17, MBS (l)	Aaa/AAA		618,117
	164	7.00%, 11/1/17, MBS (l)	Aaa/AAA		172,865
	904	7.00%, 7/1/21, MBS (l)	Aaa/AAA		941,969
	138	7.00%, 11/1/24, MBS (l)	Aaa/AAA		143,812
	15	7.00%, 10/1/25, MBS	Aaa/AAA		15,284
	65	7.00%, 6/18/27, CMO (l)	Aaa/AAA		68,664
	8	7.00%, 9/1/27, MBS	Aaa/AAA		8,296
	14	7.00%, 11/1/27, MBS	Aaa/AAA		14,895
	39	7.00%, 12/1/27, MBS (l)	Aaa/AAA		40,854
	13	7.00%, 5/1/28, MBS	Aaa/AAA		13,770
	36	7.00%, 6/1/28, MBS (l)	Aaa/AAA		37,315
	66	7.00%, 2/1/29, MBS (l)	Aaa/AAA		68,267
	199	7.00%, 3/1/29, MBS (l)	Aaa/AAA		206,216
	272	7.00%, 4/1/29, MBS (l)	Aaa/AAA		283,580
	93	7.00%, 5/1/29, MBS (l)	Aaa/AAA		95,756
	72	7.00%, 6/1/29, MBS (l)	Aaa/AAA		74,831
	33	7.00%, 7/1/29, MBS	Aaa/AAA		33,726
	125	7.00%, 9/1/29, MBS (l)	Aaa/AAA		129,655
	52	7.00%, 10/1/29, MBS (l)	Aaa/AAA		54,378
	4	7.00%, 11/1/29, MBS	Aaa/AAA		4,604
	18	7.00%, 3/1/30, MBS	Aaa/AAA		18,254
	8,979	7.00%, 4/1/30, MBS (l)	Aaa/AAA		9,351,296
	143	7.00%, 5/1/30, MBS (l)	Aaa/AAA		147,905
	31	7.00%, 4/1/31, MBS	Aaa/AAA		32,059
	22	7.00%, 6/1/31, MBS	Aaa/AAA		22,775
	56	7.00%, 7/1/31, MBS (l)	Aaa/AAA		57,923
	121	7.00%, 8/1/31, MBS (l)	Aaa/AAA		125,625
	146	7.00%, 9/1/31, MBS (l)	Aaa/AAA		151,626

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)			Credit Rating (Moody’s/S&P)	Value*
		Fannie Mae (continued)
$	19	7.00%, 11/1/31, MBS	Aaa/AAA	$	19,505
	208	7.00%, 12/1/31, MBS (l)	Aaa/AAA		215,724
	231	7.00%, 2/1/32, MBS (l)	Aaa/AAA		239,069
	70	7.00%, 4/1/32, MBS (l)	Aaa/AAA		73,128
	199	7.00%, 5/1/32, MBS (l)	Aaa/AAA		206,193
	212	7.00%, 6/1/32, MBS (l)	Aaa/AAA		220,018
	74	7.00%, 7/1/32, MBS (l)	Aaa/AAA		76,792
	70	7.00%, 8/1/32, MBS (l)	Aaa/AAA		72,075
	277	7.00%, 9/1/33, MBS (l)	Aaa/AAA		286,635
	368	7.00%, 11/1/33, MBS (l)	Aaa/AAA		380,646
	594	7.00%, 1/1/34, MBS (l)	Aaa/AAA		613,542
	296	7.00%, 7/1/34, MBS (l)	Aaa/AAA		306,273
	130	7.00%, 2/25/35, CMO (l)	Aaa/AAA		120,272
	281	7.00%, 3/1/35, MBS (l)	Aaa/AAA		290,175
	5,698	7.00%, 7/1/36, MBS (l)	Aaa/AAA		5,805,484
	2,052	7.00%, 9/25/41, CMO, VRN (l)	Aaa/AAA		2,155,547
	256	7.00%, 10/25/41, CMO (l)	Aaa/AAA		260,434
	102	7.00%, 7/25/42, CMO (l)	Aaa/AAA		107,304
	528	7.00%, 11/25/43, CMO (l)	Aaa/AAA		559,359
	532	7.00%, 2/25/44, CMO (l)	Aaa/AAA		575,698
	3,464	7.00%, 3/25/45, CMO (l)	Aaa/AAA		3,530,066
	1,576	7.00%, 12/1/46, MBS (l)	Aaa/AAA		1,592,075
	847	7.00%, 1/1/47, MBS	Aaa/AAA		855,211
	8	7.025%, 10/1/31, FRN, MBS	Aaa/AAA		8,451
	300	7.065%, 3/1/32, FRN, MBS (l)	Aaa/AAA		313,031
	925	7.50%, 6/1/17, MBS (l)	Aaa/AAA		974,635
	70	7.50%, 12/1/17, MBS (l)	Aaa/AAA		73,764
	547	7.50%, 5/1/22, MBS	Aaa/AAA		580,797
	88	7.50%, 10/25/22, CMO (l)	Aaa/AAA		94,824
	858	7.50%, 4/1/24, MBS (l)	Aaa/AAA		903,870
	52	7.50%, 7/1/26, MBS (l)	Aaa/AAA		54,529
	23	7.50%, 8/1/26, MBS	Aaa/AAA		24,299
	33	7.50%, 8/1/26, MBS (l)	Aaa/AAA		34,518
	37	7.50%, 11/1/26, MBS (l)	Aaa/AAA		38,673
	9	7.50%, 1/1/27, MBS	Aaa/AAA		9,928
	2	7.50%, 3/1/27, MBS	Aaa/AAA		2,100
	5	7.50%, 5/1/27, MBS	Aaa/AAA		5,368
	92	7.50%, 7/1/27, MBS (l)	Aaa/AAA		97,413
	22	7.50%, 8/1/27, MBS	Aaa/AAA		23,041
	7	7.50%, 9/1/27, MBS	Aaa/AAA		7,349
	1	7.50%, 10/1/27, MBS	Aaa/AAA		1,540
	9	7.50%, 11/1/27, MBS	Aaa/AAA		9,816
	34	7.50%, 12/1/27, MBS	Aaa/AAA		35,809
	50	7.50%, 1/1/28, MBS (l)	Aaa/AAA		52,594
	41	7.50%, 2/1/28, MBS	Aaa/AAA		43,543
	21	7.50%, 9/1/29, MBS	Aaa/AAA		21,749
	12	7.50%, 10/1/29, MBS	Aaa/AAA		12,349
	79	7.50%, 11/1/29, MBS (l)	Aaa/AAA		82,833
	45	7.50%, 12/1/29, MBS (l)	Aaa/AAA		47,230
	149	7.50%, 4/1/30, MBS (l)	Aaa/AAA		156,339
	259	7.50%, 6/19/30, CMO, VRN (l)	Aaa/AAA		267,276

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)			Credit Rating (Moody’s/S&P)	Value*
		Fannie Mae (continued)
$	263	7.50%, 6/25/30, CMO (l)	Aaa/AAA	$	271,605
	1	7.50%, 6/1/31, MBS	Aaa/AAA		1,513
	49	7.50%, 7/1/31, MBS (l)	Aaa/AAA		51,243
	1,084	7.50%, 7/1/32, MBS (l)	Aaa/AAA		1,147,843
	3,454	7.50%, 9/1/35, MBS (l)	Aaa/AAA		3,624,805
	1,458	7.50%, 7/25/41, CMO (l)	Aaa/AAA		1,542,537
	1,682	7.50%, 2/25/42, CMO, VRN (l)	Aaa/AAA		1,785,886
	93	7.50%, 7/25/42, CMO (l)	Aaa/AAA		96,789
	10	7.50%, 8/25/42, CMO	Aaa/AAA		10,454
	1,457	7.50%, 10/25/42, CMO	Aaa/AAA		1,510,099
	988	7.50%, 3/25/44, CMO (l)	Aaa/AAA		1,020,758
	3,739	7.50%, 6/25/44, CMO	Aaa/AAA		3,855,025
	134	7.70%, 3/25/23, CMO (l)	Aaa/AAA		143,857
	90	7.75%, 3/1/31, FRN, MBS (l)	Aaa/AAA		93,180
	243	7.815%, 12/1/30, FRN, MBS (l)	Aaa/AAA		245,731
	15	8.00%, 4/1/19, MBS	Aaa/AAA		16,282
	4	8.00%, 1/1/22, MBS	Aaa/AAA		4,518
	4	8.00%, 12/1/22, MBS	Aaa/AAA		4,585
	8	8.00%, 6/1/24, MBS	Aaa/AAA		8,225
	548	8.00%, 9/1/24, MBS (l)	Aaa/AAA		578,031
	2	8.00%, 12/1/24, MBS	Aaa/AAA		2,087
	3	8.00%, 9/1/27, MBS	Aaa/AAA		2,785
	29	8.00%, 4/1/30, MBS (l)	Aaa/AAA		30,203
	118	8.00%, 5/1/30, MBS (l)	Aaa/AAA		124,784
	2	8.00%, 6/1/30, MBS	Aaa/AAA		1,873
	66	8.00%, 7/1/30, MBS (l)	Aaa/AAA		69,271
	2,305	8.00%, 7/19/30, CMO, VRN (l)	Aaa/AAA		2,479,570
	55	8.00%, 8/1/30, MBS (l)	Aaa/AAA		58,185
	1	8.00%, 9/1/30, MBS	Aaa/AAA		1,198
	10	8.00%, 10/1/30, MBS	Aaa/AAA		10,493
	22	8.00%, 1/1/31, MBS	Aaa/AAA		22,860
	18	8.00%, 3/1/31, MBS	Aaa/AAA		19,016
	136	8.00%, 5/1/31, MBS (l)	Aaa/AAA		143,903
	621	8.00%, 7/1/31, MBS (l)	Aaa/AAA		657,185
	49	8.00%, 8/1/31, MBS (l)	Aaa/AAA		51,790
	467	8.00%, 10/1/31, MBS (l)	Aaa/AAA		493,646
	85	8.00%, 11/1/31, MBS (l)	Aaa/AAA		90,288
	38	8.00%, 1/1/32, MBS (l)	Aaa/AAA		39,863
	34	8.00%, 6/1/32, MBS (l)	Aaa/AAA		36,214
	3,504	8.00%, 8/1/32, MBS (l)	Aaa/AAA		3,737,776
	109	8.50%, 4/1/16, MBS (l)	Aaa/AAA		121,540
	1,879	8.50%, 6/18/27, CMO (l)	Aaa/AAA		2,050,851
	181	8.50%, 6/25/30, CMO (l)	Aaa/AAA		188,293
	1	8.75%, 5/1/17, MBS	Aaa/AAA		918
	9,576	9.00%, 12/1/19, MBS (l)	Aaa/AAA		10,708,110
	1,352	9.418%, 5/15/21, MBS (l)	Aaa/AAA		1,494,872
	450	10.103%, 7/15/27, MBS	Aaa/AAA		520,251
	58	10.30%, 4/25/19, CMO (l)	Aaa/AAA		61,274

					272,322,053

		Federal Housing Administration—0.1%
	183	7.43%, 6/1/24 (g)	Aaa/AAA		184,618

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)				Credit Rating (Moody’s/S&P)	Value*
			Freddie Mac—50.7%
$	200		5.00%, 10/15/16, CMO (l)	Aaa/AAA	$	201,357
	250		5.00%, 11/15/16, CMO (l)	Aaa/AAA		254,127
	68		5.00%, 2/15/24, CMO (l)	Aaa/AAA		66,014
	142		5.221%, 9/1/31, FRN, MBS (l)	Aaa/AAA		142,889
	100		5.50%, 12/1/31, MBS (l)	Aaa/AAA		97,969
	11		5.585%, 12/1/26, FRN, MBS	Aaa/AAA		11,580
	11		5.806%, 4/1/33, FRN, MBS	Aaa/AAA		11,446
	111		6.00%, 10/15/12, CMO (l)	Aaa/AAA		113,907
	441		6.00%, 9/15/16, CMO (l)	Aaa/AAA		455,581
	4,636		6.00%, 12/15/16, CMO (l)	Aaa/AAA		4,792,921
	63		6.00%, 3/15/17, CMO (l)	Aaa/AAA		64,855
	1,731		6.00%, 4/1/17, MBS (l)	Aaa/AAA		1,750,653
	1,351		6.00%, 12/15/28, CMO (l)	Aaa/AAA		1,357,054
	12		6.00%, 2/1/33, MBS	Aaa/AAA		12,393
	2,665		6.00%, 3/1/33, MBS (l)	Aaa/AAA		2,661,142
	78		6.00%, 2/1/34, MBS (l)	Aaa/AAA		78,468
	112		6.00%, 3/15/35, CMO (l)	Aaa/AAA		105,761
	2,078		6.50%, 11/1/16, MBS (l)	Aaa/AAA		2,131,166
	300		6.50%, 4/15/18, CMO (l)	Aaa/AAA		306,823
	29		6.50%, 8/1/21, MBS (l)	Aaa/AAA		29,804
	3,000		6.50%, 10/15/23, CMO (l)	Aaa/AAA		3,090,044
	101		6.50%, 12/15/23, CMO (l)	Aaa/AAA		102,596
	12		6.50%, 6/1/29, MBS	Aaa/AAA		11,938
	17,693		6.50%, 6/15/31, CMO (l)	Aaa/AAA		17,930,604
	100		6.50%, 12/15/31, CMO (l)	Aaa/AAA		101,061
	1,707		6.50%, 6/15/32, CMO (l)	Aaa/AAA		1,715,139
	7,498		6.50%, 7/15/32, CMO (l)	Aaa/AAA		7,646,160
	8,904		6.50%, 7/1/37, MBS (l)	Aaa/AAA		8,949,102
	143		6.50%, 2/25/43, CMO (l)	Aaa/AAA		141,848
	134		6.50%, 9/25/43, CMO, VRN (l)	Aaa/AAA		140,184
	785		6.50%, 10/25/43, CMO	Aaa/AAA		794,017
	6,503		6.50%, 3/25/44, CMO	Aaa/AAA		6,749,578
	4,900		6.50%, TBA, MBS (e)	Aaa/AAA		4,966,611
	2,135		6.90%, 9/15/23, CMO (l)	Aaa/AAA		2,247,581
	1,000		6.95%, 7/15/21, CMO (l)	Aaa/AAA		1,069,079
	1,225		6.984%, 7/25/32, CMO, VRN	Aaa/AAA		1,293,480
	3		7.00%, 11/1/09, MBS	Aaa/AAA		2,995
	—	(h)	7.00%, 1/1/10, MBS	Aaa/AAA		442
	—	(h)	7.00%, 8/1/10, MBS	Aaa/AAA		365
	7		7.00%, 11/1/10, MBS	Aaa/AAA		6,928
	3		7.00%, 1/1/11, MBS	Aaa/AAA		2,958
	1,822		7.00%, 9/1/11, MBS (l)	Aaa/AAA		1,909,030
	13		7.00%, 3/1/12, MBS	Aaa/AAA		13,489
	202		7.00%, 7/15/12, CMO (l)	Aaa/AAA		203,739
	267		7.00%, 9/1/12, MBS (l)	Aaa/AAA		281,632
	42		7.00%, 10/1/12, MBS (l)	Aaa/AAA		43,970
	25		7.00%, 11/1/12, MBS	Aaa/AAA		26,155
	30		7.00%, 12/1/12, MBS (l)	Aaa/AAA		31,084
	1,215		7.00%, 7/1/13, MBS (l)	Aaa/AAA		1,273,270
	16		7.00%, 1/1/14, MBS	Aaa/AAA		17,188
	728		7.00%, 9/1/14, MBS (l)	Aaa/AAA		768,091

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)			Credit Rating (Moody’s/S&P)	Value*
		Freddie Mac (continued)
$	171	7.00%, 11/1/14, MBS (l)	Aaa/AAA	$	180,785
	55	7.00%, 7/1/15, MBS	Aaa/AAA		57,797
	18	7.00%, 8/1/15, MBS	Aaa/AAA		18,842
	59	7.00%, 4/1/16, MBS (l)	Aaa/AAA		61,904
	8	7.00%, 6/1/16, MBS	Aaa/AAA		8,251
	58	7.00%, 7/1/16, MBS (l)	Aaa/AAA		61,733
	16	7.00%, 11/1/16, MBS	Aaa/AAA		16,859
	43	7.00%, 3/1/17, MBS (l)	Aaa/AAA		44,722
	1,427	7.00%, 6/1/17, MBS (l)	Aaa/AAA		1,504,082
	1,104	7.00%, 8/1/21, MBS (l)	Aaa/AAA		1,147,875
	1,346	7.00%, 9/1/21, MBS (l)	Aaa/AAA		1,400,525
	1,936	7.00%, 1/15/24, CMO (l)	Aaa/AAA		2,037,906
	100	7.00%, 3/15/24, CMO (l)	Aaa/AAA		104,989
	13	7.00%, 7/1/24, MBS	Aaa/AAA		13,365
	1,081	7.00%, 9/15/25, CMO (l)	Aaa/AAA		1,134,880
	2,929	7.00%, 7/1/26, MBS (l)	Aaa/AAA		2,991,317
	1,457	7.00%, 7/15/27, CMO (l)	Aaa/AAA		1,530,834
	4,311	7.00%, 3/15/29, CMO (l)	Aaa/AAA		4,380,803
	149	7.00%, 3/1/31, MBS (l)	Aaa/AAA		153,103
	2,436	7.00%, 6/15/31, CMO (l)	Aaa/AAA		2,504,833
	1,016	7.00%, 10/1/31, MBS (l)	Aaa/AAA		1,044,534
	476	7.00%, 1/1/32, MBS (l)	Aaa/AAA		491,810
	28	7.00%, 3/1/32, MBS (l)	Aaa/AAA		29,247
	153	7.00%, 4/1/32, MBS (l)	Aaa/AAA		156,895
	625	7.00%, 1/1/36, MBS (l)	Aaa/AAA		642,599
	10,347	7.00%, 6/1/36, MBS (l)	Aaa/AAA		10,467,193
	1,263	7.00%, 7/1/36, MBS (l)	Aaa/AAA		1,278,225
	9,734	7.00%, 8/1/36, MBS (l)	Aaa/AAA		9,847,262
	7,445	7.00%, 9/1/36, MBS (l)	Aaa/AAA		7,531,744
	2,932	7.00%, 11/1/36, MBS (l)	Aaa/AAA		2,967,482
	1,040	7.00%, 12/1/36, MBS (l)	Aaa/AAA		1,051,867
	8,265	7.00%, 1/1/37, MBS (l)	Aaa/AAA		8,361,777
	1,098	7.00%, 2/25/43, CMO (l)	Aaa/AAA		1,183,413
	461	7.00%, 9/25/43, CMO (l)	Aaa/AAA		486,333
	145	7.00%, 10/25/43, CMO	Aaa/AAA		153,862
	128	7.50%, 1/1/16, MBS (l)	Aaa/AAA		135,289
	1,325	7.50%, 5/15/24, CMO (l)	Aaa/AAA		1,418,169
	527	7.50%, 8/1/24, MBS (l)	Aaa/AAA		557,917
	4	7.50%, 6/1/25, MBS	Aaa/AAA		4,619
	30	7.50%, 12/1/25, MBS	Aaa/AAA		31,508
	8	7.50%, 1/1/26, MBS	Aaa/AAA		8,619
	19	7.50%, 2/1/26, MBS	Aaa/AAA		20,135
	29	7.50%, 3/1/26, MBS	Aaa/AAA		30,602
	46	7.50%, 4/1/26, MBS (l)	Aaa/AAA		48,621
	42	7.50%, 5/1/26, MBS	Aaa/AAA		44,403
	355	7.50%, 6/1/26, MBS (l)	Aaa/AAA		375,190
	264	7.50%, 7/1/26, MBS (l)	Aaa/AAA		279,176
	55	7.50%, 8/1/26, MBS	Aaa/AAA		57,850
	15	7.50%, 11/1/26, MBS	Aaa/AAA		15,552
	646	7.50%, 12/1/26, MBS (l)	Aaa/AAA		682,643
	279	7.50%, 3/15/28, CMO (l)	Aaa/AAA		287,608

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)				Credit Rating (Moody’s/S&P)	Value*
			Freddie Mac (continued)
$	5		7.50%, 2/1/30, MBS	Aaa/AAA	$	5,024
	16		7.50%, 4/1/30, MBS	Aaa/AAA		16,884
	—	(h)	7.50%, 6/1/30, MBS	Aaa/AAA		308
	11		7.50%, 10/1/30, MBS	Aaa/AAA		12,089
	25		7.50%, 11/1/30, MBS	Aaa/AAA		26,727
	1,382		7.50%, 12/1/30, MBS (l)	Aaa/AAA		1,458,623
	1,006		7.50%, 5/1/32, MBS (l)	Aaa/AAA		1,062,932
	293		7.50%, 7/25/32, CMO, VRN (l)	Aaa/AAA		295,963
	297		7.50%, 7/1/33, MBS (l)	Aaa/AAA		308,811
	1,411		7.50%, 3/1/37, MBS (l)	Aaa/AAA		1,458,915
	88		7.50%, 2/25/42, CMO (l)	Aaa/AAA		96,041
	56		8.00%, 2/15/22, CMO (l)	Aaa/AAA		57,260
	107		8.00%, 8/15/22, CMO (l)	Aaa/AAA		115,975
	45		8.00%, 7/1/24, MBS	Aaa/AAA		47,445
	71		8.00%, 8/1/24, MBS (l)	Aaa/AAA		75,016
	873		8.00%, 12/1/26, MBS (l)	Aaa/AAA		923,994
	278		8.00%, 4/15/30, CMO (l)	Aaa/AAA		293,073
	386		8.50%, 4/15/22, CMO (l)	Aaa/AAA		405,112
	539		8.50%, 10/1/30, MBS	Aaa/AAA		574,460

						152,458,469

			Ginnie Mae—45.5%
	446		5.50%, 6/20/35, FRN, MBS	Aaa/AAA		450,666
	125,000		6.00%, TBA, MBS (e)	Aaa/AAA		125,019,500
	98		6.50%, 6/20/32, CMO (l)	Aaa/AAA		98,924
	4		7.00%, 4/15/24, MBS	Aaa/AAA		4,167
	37		7.00%, 7/15/25, MBS	Aaa/AAA		37,829
	61		7.00%, 9/15/25, MBS	Aaa/AAA		63,330
	23		7.00%, 11/15/25, MBS	Aaa/AAA		23,593
	13		7.00%, 12/15/25, MBS	Aaa/AAA		13,453
	51		7.00%, 3/15/26, MBS	Aaa/AAA		52,689
	11		7.00%, 4/15/26, MBS	Aaa/AAA		11,338
	5		7.00%, 5/15/26, MBS	Aaa/AAA		5,427
	69		7.00%, 6/15/26, MBS	Aaa/AAA		71,488
	5,398		7.00%, 3/20/31, CMO (l)	Aaa/AAA		5,597,646
	182		7.25%, 7/16/28, CMO (l)	Aaa/AAA		185,395
	7		7.50%, 1/15/17, MBS	Aaa/AAA		7,238
	10		7.50%, 2/15/17, MBS	Aaa/AAA		10,556
	10		7.50%, 3/15/17, MBS	Aaa/AAA		10,185
	4		7.50%, 4/15/17, MBS	Aaa/AAA		3,859
	9		7.50%, 5/15/17, MBS	Aaa/AAA		9,606
	3		7.50%, 7/15/17, MBS	Aaa/AAA		3,122
	2		7.50%, 6/15/23, MBS	Aaa/AAA		1,625
	20		7.50%, 10/15/25, MBS	Aaa/AAA		20,846
	—	(h)	7.50%, 2/15/26, MBS	Aaa/AAA		441
	167		7.50%, 3/15/26, MBS	Aaa/AAA		176,981
	177		7.50%, 6/20/26, CMO (l)	Aaa/AAA		193,936
	423		7.50%, 9/15/26, MBS	Aaa/AAA		447,219
	11		7.50%, 12/15/26, MBS	Aaa/AAA		11,521
	4		7.50%, 1/15/27, MBS	Aaa/AAA		4,381
	6		7.50%, 2/15/27, MBS	Aaa/AAA		6,147
	73		7.50%, 3/15/27, MBS	Aaa/AAA		76,814

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)				Credit Rating (Moody’s/S&P)	Value*
			Ginnie Mae (continued)
$	363		7.50%, 4/15/27, MBS	Aaa/AAA	$	383,805
	11		7.50%, 5/15/27, MBS	Aaa/AAA		12,072
	134		7.50%, 6/15/27, MBS	Aaa/AAA		141,920
	193		7.50%, 7/15/27, MBS	Aaa/AAA		203,674
	60		7.50%, 8/15/27, MBS	Aaa/AAA		63,409
	79		7.50%, 12/15/27, MBS	Aaa/AAA		83,561
	457		7.50%, 1/15/28, MBS	Aaa/AAA		482,619
	107		7.50%, 2/15/28, MBS	Aaa/AAA		112,883
	174		7.50%, 1/15/29, MBS	Aaa/AAA		183,697
	234		7.50%, 2/15/29, MBS	Aaa/AAA		247,010
	184		7.50%, 3/15/29, MBS	Aaa/AAA		193,749
	5		8.00%, 6/15/16, MBS	Aaa/AAA		5,762
	—	(h)	8.00%, 7/15/16, MBS	Aaa/AAA		246
	12		8.00%, 1/15/17, MBS	Aaa/AAA		12,703
	3		8.00%, 2/15/17, MBS	Aaa/AAA		3,916
	14		8.00%, 3/15/17, MBS	Aaa/AAA		15,215
	23		8.00%, 4/15/17, MBS	Aaa/AAA		24,805
	17		8.00%, 5/15/17, MBS	Aaa/AAA		18,649
	10		8.00%, 6/15/17, MBS	Aaa/AAA		10,362
	14		8.00%, 7/15/17, MBS	Aaa/AAA		14,566
	1		8.00%, 1/15/20, MBS	Aaa/AAA		656
	2		8.00%, 2/15/20, MBS	Aaa/AAA		2,345
	1		8.00%, 5/15/21, MBS	Aaa/AAA		678
	10		8.00%, 11/15/21, MBS	Aaa/AAA		11,002
	7		8.00%, 12/15/21, MBS	Aaa/AAA		7,419
	11		8.00%, 4/15/22, MBS	Aaa/AAA		11,268
	1		8.00%, 5/15/22, MBS	Aaa/AAA		863
	9		8.00%, 11/15/22, MBS	Aaa/AAA		9,821
	463		8.00%, 3/20/30, CMO (l)	Aaa/AAA		496,405
	—	(h)	8.50%, 10/15/16, MBS	Aaa/AAA		287
	—	(h)	8.50%, 10/15/17, MBS	Aaa/AAA		533
	—	(h)	8.50%, 5/15/22, MBS	Aaa/AAA		261
	1		8.50%, 1/15/23, MBS	Aaa/AAA		1,047
	9		8.50%, 4/15/23, MBS	Aaa/AAA		10,098
	3		8.50%, 8/15/30, MBS	Aaa/AAA		3,737
	12		8.50%, 2/15/31, MBS	Aaa/AAA		13,038
	18		9.00%, 6/15/16, MBS	Aaa/AAA		19,210
	47		9.00%, 11/15/16, MBS	Aaa/AAA		50,708
	98		9.00%, 12/15/16, MBS	Aaa/AAA		106,935
	39		9.00%, 9/15/17, MBS	Aaa/AAA		42,422
	75		9.00%, 12/15/17, MBS	Aaa/AAA		83,382
	72		9.00%, 3/15/18, MBS	Aaa/AAA		78,201
	139		9.00%, 5/15/18, MBS	Aaa/AAA		150,981
	24		9.00%, 6/15/18, MBS	Aaa/AAA		26,132
	364		9.00%, 10/15/19, MBS	Aaa/AAA		396,646
	184		9.00%, 11/15/19, MBS	Aaa/AAA		200,994
	126		9.00%, 1/15/20, MBS	Aaa/AAA		137,414

						136,697,028


			Small Business Administration—1.0%
	1,038		4.754%, 8/10/14	Aaa/AAA		1,004,811
	892		5.038%, 3/10/15	Aaa/AAA		868,295

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)			Credit Rating (Moody’s/S&P)	Value*
		Small Business Administration (continued)
$	212	6.30%, 7/1/13	Aaa/AAA	$	214,249
	553	6.30%, 6/1/18	Aaa/AAA		567,231
	192	6.40%, 8/1/13	Aaa/AAA		195,160
	71	7.20%, 6/1/17	Aaa/AAA		73,788
	61	7.449%, 8/10/10	Aaa/AAA		62,134
	47	7.70%, 7/1/16	Aaa/AAA		48,544

					3,034,212

		Vendee Mortgage Trust, CMO—2.7%
	567	6.50%, 3/15/29	Aaa/AAA		594,014
	114	6.75%, 2/15/26	Aaa/AAA		117,870
	258	6.75%, 6/15/26	Aaa/AAA		273,891
	6,606	7.50%, 9/15/30	Aaa/AAA		7,049,350

					8,035,125

		Total U.S. Government Agency Securities (cost—$577,430,631)			572,731,505

	MORTGAGE-BACKED SECURITIES—34.6%
	83	Citigroup Mortgage Loan Trust, Inc., 7.00%, 9/25/33, CMO	Aaa/NR		78,579
		Countrywide Alternative Loan Trust, CMO,
	1,992	6.25%, 8/25/37	Aaa/B		1,135,729
	2,453	6.50%, 7/25/35	Aaa/AAA		1,700,279
		Countrywide Home Loan Mortgage Pass-Through Trust, CMO,
	1,750	5.281%, 8/25/34, FRN	Aaa/AAA		1,436,198
	306	6.00%, 11/25/26 (a)(d)	Aaa/AAA		305,056
	5,227	7.50%, 11/25/34 (a)(d)	Aaa/NR		5,081,112
		Credit Suisse First Boston Mortgage Securities Corp., CMO,
	914	3.909%, 3/25/34, FRN	Aa2/AA+		809,258
	1,627	7.00%, 2/25/34	Aaa/AAA		1,438,976
	1,340	DLJ Commercial Mortgage Corp., 7.34%, 10/10/32, CMO	Aaa/NR		1,337,597
	1,087	GMAC Mortgage Corp. Loan Trust, 5.217%, 8/19/34, CMO, FRN	Aaa/AAA		714,776
	4,753	GSAA Trust, 6.00%, 4/1/34, CMO	Aaa/AAA		3,806,501
		GSMPS Mortgage Loan Trust, CMO (a)(d),
	4,723	7.00%, 6/25/43	NR/NR		4,540,163
	148	7.50%, 6/19/27, VRN	NR/NR		152,711
	2,219	8.00%, 9/19/27, VRN	NR/NR		2,304,012
		GSR Mortgage Loan Trust, CMO,
	10,767	5.248%, 11/25/35, VRN	NR/AAA		8,979,940
	5,000	5.50%, 11/25/35	NR/AAA		3,699,696
	4,081	6.50%, 1/25/34	NR/AAA		3,734,323
		MASTR Alternative Loans Trust, CMO,
	1,776	6.50%, 3/25/34	Aaa/AAA		1,535,190
	193	7.00%, 4/25/34	Aaa/AAA		170,276
		MASTR Reperforming Loan Trust, CMO,
	3,970	7.00%, 5/25/35 (a)(d)	Aaa/AAA		4,005,343
	5,820	7.50%, 7/25/35	Aaa/AAA		6,182,155
		Nomura Asset Acceptance Corp., CMO (a)(d),
	3,345	7.00%, 10/25/34	Aaa/AAA		3,162,273
	4,575	7.50%, 3/25/34	Aaa/AAA		4,386,938
	10,034	7.50%, 10/25/34	Aaa/AAA		9,590,196
		Residential Accredit Loans, Inc., CMO,
	4,888	3.439%, 6/25/46, FRN	Aaa/AAA		2,836,948
	5,730	6.00%, 8/25/35	NR/AAA		4,704,803

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)			Credit Rating (Moody’s/S&P)	Value*
		Residential Asset Mortgage Products, Inc., CMO,
$	197	6.50%, 11/25/31	NR/AAA	$	201,005
	2,158	7.00%, 8/25/16	NR/AAA		2,223,468
	1,467	8.50%, 10/25/31	Aaa/AAA		1,440,991
	2,080	8.50%, 11/25/31	NR/AAA		2,111,545
	785	Structured Adjustable Rate Mortgage Loan Trust, 4.26%, 3/25/34, CMO, VRN	Aaa/AAA		653,373
	7,330	Structured Asset Mortgage Investments, Inc., 4.165%, 8/25/47, CMO, FRN	Aaa/AAA		3,616,048
	7,301	Structured Asset Securities Corp., 7.50%, 10/25/36, CMO (a)(d)	Aaa/AAA		7,983,545
		Washington Mutual, Inc., CMO,
	3,790	6.50%, 8/25/34	NR/AAA		3,278,226
	685	7.00%, 3/25/34	NR/AAA		619,440
	2,878	7.50%, 4/25/33	NR/AAA		2,709,460
	1,800	Wells Fargo Mortgage-Backed Securities Trust, 4.207%, 6/25/35, CMO, FRN	NR/AAA		1,437,224

		Total Mortgage-Backed Securities (cost—$117,533,844)			104,103,353

	CORPORATE BONDS & NOTES—19.2%
	Financial Services—6.8%
	1,500	ATF Bank, 8.875%, 11/9/09	Baa2/BB+		1,148,160
		Bear Stearns Cos., Inc.,
	2,000	6.40%, 10/2/17	Aa2/AA-		1,781,736
	3,000	6.95%, 8/10/12	Aa2/AA-		2,964,087
	3,800	C10 Capital SPV Ltd., 6.722%, 12/31/16, FRN (i)	NR/BB+		1,862,000
	2,000	Desarrolladora Homex SAB de C.V., 7.50%, 9/28/15	Ba3/BB-		1,210,000
	3,000	General Motors Acceptance Corp. LLC, 6.00%, 12/15/11	Caa1/B-		1,695,111
	5,000	GPB Eurobond Finance PLC, 6.50%, 9/23/15	A3/BBB-		2,830,500
	5,000	Teco Finance, Inc., 6.75%, 5/1/15	Baa3/BB+		4,217,205
	1,800	UBS AG, 5.875%, 12/20/17	Aa2/AA-		1,440,074
	2,000	Wells Fargo Capital X, 5.95%, 12/15/86 (Converts to FRN on 12/15/36)	Aa2/AA-		1,308,160

					20,457,033

	Industrial—10.2%
	1,000	Archer-Daniels-Midland Co., 6.45%, 1/15/38	A2/A		799,975
	2,000	Bon-Ton Stores, Inc., 10.25%, 3/15/14	Caa1/CCC		330,000
	2,000	Cablemas S.A. de C.V., 9.375%, 11/15/15 (a)(d)	Ba3/BB		1,710,000
	400	CODELCO, Inc., 6.15%, 10/24/36	Aa3/A		284,284
	3,700	CSN Islands IX Corp., 10.50%, 1/15/15	Ba1/BB+		3,357,750
		Dynegy Holdings, Inc.,
	1,000	7.125%, 5/15/18	B2/B		645,000
	2,000	8.375%, 5/1/16	B2/B		1,490,000
	1,500	Echostar DBS Corp., 7.125%, 2/1/16	Ba3/BB-		1,211,250
		Gaz Capital S.A.,
€	1,000	5.875%, 6/1/15 (a)(d)	A3/BBB		713,279
$	3,000	8.625%, 4/28/34	A3/BBB		2,100,000
	2,000	Gazprom AG, 9.625%, 3/1/13	A3/BBB		1,716,102
		Georgia-Pacific LLC,
	500	7.00%, 1/15/15 (a)(d)	Ba3/BB-		370,000
	1,500	7.70%, 6/15/15	B2/B+		1,050,000
	1,500	7.75%, 11/15/29	B2/B+		907,500
		HCA, Inc.,
	1,500	9.00%, 12/15/14	Caa1/B-		960,990
	700	9.25%, 11/15/16 (d)	B2/BB-		600,250
		Pemex Project Funding Master Trust,
	900	6.625%, 6/15/38 (a)(d)	Baa1/BBB+		675,000
	80	9.125%, 10/13/10	Baa1/BBB+		80,200

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)			Credit Rating (Moody’s/S&P)	Value*
$	2,300	Petroliam Nasional Bhd., 7.625%, 10/15/26	A1/A-	$	1,805,730
	3,500	RH Donnelley Corp., 8.875%, 1/15/16	B3/B-		752,500
	1,500	SemGroup L.P., 8.75%, 11/15/15 (a)(d)(f)	NR/NR		97,500
	1,500	Service Corp. International, 7.625%, 10/1/18	B1/BB-		1,185,000
	2,000	Sino-Forest Corp., 9.125%, 8/17/11 (a)(d)	Ba2/BB		1,210,000
	1,000	Southern Copper Corp., 7.50%, 7/27/35	Baa2/BBB-		659,572
	1,500	SUPERVALU, Inc., 7.50%, 11/15/14	B1/B+		1,237,500
	2,854	United Air Lines, Inc., 6.636%, 1/2/24	Ba1/BBB-		1,719,333
		Vale Overseas Ltd.,
	900	6.25%, 1/23/17	Baa2/BBB+		734,917
	1,900	6.875%, 11/21/36	Baa2/BBB+		1,371,502
	1,500	Verso Paper Holdings LLC, 9.125%, 8/1/14	B2/B+		802,500

					30,577,634

	Utilities—2.2%
	2,000	Cia Energetica de Sao Paulo, 10.00%, 3/2/11 (a)(d)	Ba2/NR		1,730,000
	2,000	Enersis S.A., 7.375%, 1/15/14	Baa3/BBB		1,878,236
	2,500	Nevada Power Co., 6.50%, 5/15/18	Baa3/BBB		2,122,940
	1,250	Ras Laffan Liquefied Natural Gas Co. Ltd. III, 6.332%, 9/30/27 (b)	Aa2/A		984,584

					6,715,760

		Total Corporate Bonds & Notes (cost—$84,615,012)			57,750,427

	SOVEREIGN DEBT OBLIGATIONS—5.7%
	Colombia—0.3%
	1,100	Colombia Government International Bond, 7.375%, 9/18/37	Ba1/BBB-		907,500

	Dominican Republic—0.9%
	5,465	Dominican Republic International Bond, 9.04%, 1/23/18	B2/B+		2,869,064

	Jamaica—1.3%
		Jamaica Government International Bond,
	1,000	8.50%, 2/28/36	B1/B		705,000
	4,000	10.625%, 6/20/17	B1/B		3,300,000

					4,005,000

	Panama—1.2%
	3,641	Republic of Panama, 9.375%, 4/1/29	Ba1/BB+		3,549,975

	Tunisia—0.6%
	2,000	Banque Centrale de Tunisie, 7.375%, 4/25/12	Baa2/BBB		1,930,000

	Ukraine—1.1%
	6,200	Republic of Ukraine, 7.65%, 6/11/13	B1/B		3,162,000

	Venezuela—0.2%
	1,000	Venezuela Government International Bond, 9.375%, 1/13/34	B2/BB-		515,000

		Total Sovereign Debt Obligations (cost—$27,085,942)			16,938,539

	ASSET-BACKED SECURITIES—2.9%
	1,250	Access Financial Manufactured Housing Contract Trust, 7.65%, 5/15/21	B2/NR		1,132,113
	95	ACE Securities Corp., 6.509%, 4/25/35, FRN (a)(d)	C/D		570
		Ameriquest Mortgage Securities, Inc., FRN,
	2,414	6.784%, 11/25/32	Caa3/D		239,864
	1,334	7.528%, 2/25/33	Ca/D		137,063

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)				Credit Rating (Moody’s/S&P)	Value*
$	1,132		Bear Stearns Alt-A Trust, 6.25%, 8/25/36, CMO, VRN	Aa1/BB	$	660,120
			Conseco Finance Securitizations Corp.,
	854		7.96%, 2/1/32	Caa1/CCC-		663,073
	385		7.97%, 5/1/32	Caa1/CCC-		285,019
			Green Tree Financial Corp.,
	338		6.53%, 2/1/31, VRN	NR/B-		264,606
	461		7.05%, 1/15/27	B3/B		377,363
	1,000		Greenpoint Manufactured Housing, 8.30%, 10/15/26, VRN	Ca/NR		861,863
	4,289		Morgan Stanley ABS Capital I, 3.439%, 1/25/36, FRN	Aaa/AAA		3,900,448
	54		Oakwood Mortgage Investors, Inc., 4.79%, 5/15/13, FRN	Ba2/BB-		41,335
	43		Residential Asset Mortgage Products, Inc., 8.50%, 12/25/31	NR/AAA		27,811

			Total Asset-Backed Securities (cost—$10,058,411)			8,591,248

	SENIOR LOANS (a)(c)—0.6%
	Financial Services—0.6%
	2,673		Chrysler Financial Corp., 6.82%, 8/3/12 (cost—$2,564,608)			1,833,232

	MUNICIPAL BOND—0.4%
	West Virginia—0.4%
	1,970		Tobacco Settlement Finance Auth. Rev., Ser. A, 7.467%, 6/1/47 (cost—$1,852,339)	Baa3/BBB		1,282,490

	SHORT-TERM INVESTMENTS—28.2%
	U.S. Treasury Bills (j)—11.1%
	33,200		0.30%-1.85%, 11/28/08-12/26/08 (cost—$33,179,478)			33,179,478

	Commercial Paper—8.8%
	Financial Services—8.8%
	5,900		Bank of America Corp., 3.17%, 2/12/09	P-1/A-1+		5,840,115
			Citigroup Funding, Inc.,
	7,600		1.00%, 1/26/09	P-1/A-1+		7,540,594
	1,400		3.60%, 1/22/09	P-1/A-1+		1,389,052
	5,900		Goldman Sachs Group, Inc., 3.25%, 1/22/09	P-1/A-1+		5,853,862
	5,800		Morgan Stanley, 1.00%, 1/22/09	P-1/A-1		5,751,022

			Total Commercial Paper (cost—$26,385,332)			26,374,645

	U.S. Government Agency Securities—2.3%
	49		Fannie Mae, 7.00%, 6/1/09, MBS (l)	Aaa/AAA		49,560
	6,800		Federal Home Loan Bank Discount Notes, 2.50%, 11/24/08	A-1+/A-1		6,790,083
			Freddie Mac, MBS,
	—	(h)	7.00%, 1/1/09	Aaa/AAA		288
	1		7.00%, 2/1/09	Aaa/AAA		730
	3		7.00%, 3/1/09	Aaa/AAA		2,892
	4		7.00%, 4/1/09	Aaa/AAA		3,913
	4		7.00%, 6/1/09	Aaa/AAA		3,970
	—	(h)	7.00%, 9/1/09	Aaa/AAA		52
	1		7.00%, 10/1/09	Aaa/AAA		924
	111		Small Business Administration, 7.54%, 8/10/09	Aaa/AAA		113,375

			Total U.S. Government Agency Securities (cost—$6,965,221)			6,965,787

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

October 31, 2008 (unaudited)


Principal Amount (000)			Credit Rating (Moody’s/S&P)	Value*
	Corporate Notes—0.7%
	Financial Services—0.7%
$	2,500	General Motors Acceptance Corp. LLC, FRN, 4.054%, 5/15/09 (cost—$2,500,000)	Caa1/B-	$	2,178,800

	Repurchase Agreement—5.3%
	16,000	Deutsche Bank, dated 10/31/08, 0.15% due 11/3/08, proceeds $16,000,200; collateralized by Federal Home Loan Bank, 4.449%, due 10/13/09, valued at $16,347,893 including accrued interest (cost—$16,000,000)			16,000,000

		Total Short-Term Investments (cost—$85,030,031)			84,698,710


Contracts/ Notional Amount
	OPTIONS PURCHASED (k)—0.0%
		Put Options—0.0%
		Fannie Mae (OTC),
	131,300,000	strike price $81, expires 12/4/08			1
	6,000,000	strike price $81.25, expires 1/6/09			191
		Ginnie Mae (OTC),
	39,100,000	strike price $76, expires 11/12/08			—
	26,000,000	strike price $81, expires 12/11/08			215
	59,900,000	strike price $81.50, expires 1/14/09			3,845
		U.S. Treasury Notes 2 yr. Futures (CBOT),
	100	strike price $102, expires 11/21/08			1,562

		Total Options Purchased (cost—$32,189)			5,814

		Total Investments before securities sold short (cost—$906,203,007) — 282.2%			847,935,318


Principal Amount (000)
	SECURITY SOLD SHORT—(0.3)%
		Fannie Mae—(0.3)%
	1,000	5.00%, TBA
		(proceeds—$978,594)	Aaa/AAA		(947,344	)

		Total Investments net of securities sold short (cost—$905,224,413) — 281.9%			846,987,974
		Other liabilities in excess of other assets — (181.9)%			(546,490,371	)

		Net Assets — 100.0%		$	300,497,603

Notes to Schedule of Investments:

Portfolio securities and other financial instruments for which market quotations are readily available are stated at market value. Market value is generally determined on the basis of the last reported sales prices, or if no sales are reported, based on quotes obtained from a quotation reporting system, established market makers, or pricing services.

Portfolio securities and other financial instruments for which market quotations are not readily available or if a development/event occurs that may significantly impact the value of a security, are fair-valued, in good faith, pursuant to procedures established by the Board of Directors, or persons acting at their discretion pursuant to procedures established by the Board of Directors, including certain fixed income securities which may be valued with reference to securities whose prices are more readily available. The Fund’s investments, including over-the-counter options, are valued daily using prices supplied by an independent pricing service or dealer quotations, or by using the last sale price on the exchange that is the primary market for such securities, or the last quoted mean price for those securities for which the over-the-counter market is the primary market or for listed securities in which there were no sales. Prices obtained from independent pricing services use information provided by market makers or estimates of market values obtained from yield data relating to investments or securities with similar characteristics. Exchange traded options, futures and options on futures are valued at the settlement price determined by the relevant exchange. Securities purchased on a when-issued or delayed-delivery basis are marked to market daily until settlement at the forward settlement value. Short-term securities maturing in 60 days or less are valued at amortized cost, if their original term to maturity was 60 days or less, or by amortizing their value on the 61st day prior to maturity, if the original term to maturity exceeded 60 days. Investments initially valued in currencies other than the U.S. dollar are converted to the U.S. dollar using exchange rates obtained from pricing services. As a result, the net asset value (“NAV”) of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of securities traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the New York Stock Exchange (“NYSE”) is closed and the NAV may change on days when an investor is not able to purchase or sell shares.

The prices used by the Fund to value securities may differ from the value that would be realized if the securities were sold. The Fund’s NAV is normally determined as of the close of regular trading (normally, 4:00 p.m. Eastern time) on the NYSE on each day the NYSE is open for business.

(a)	Private Placement—Restricted as to resale and may not have a readily available market. Securities with an aggregate value of $49,850,930, representing 16.59% of net assets.

(b)	Illiquid security.

(c)

These securities generally pay interest at rates which are periodically pre-determined by reference to a base lending rate plus a premium. These base lending rates are generally either the lending rate offered by one or more major European banks, such as the “LIBOR” or the prime rate offered by one or more major United States banks, or the certificate of deposit rate. These securities are generally considered to be restricted as the Fund is ordinarily contractually obligated to receive approval from the Agent bank and/or borrower prior to disposition. Remaining maturities of senior loans may be less than the stated maturities shown as a result of contractual or optional payments by the borrower. Such prepayments cannot be predicted with certainty. The interest rate disclosed reflects the rate in effect on October 31, 2008.

(d)	144A Security—Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, typically only to qualified institutional buyers. Unless otherwise indicated, these securities are not considered to be illiquid.

(e)	Delayed-delivery security. To be delivered after October 31, 2008.

(f)	Security in default.

(g)	Fair valued—Securities with an aggregate value of $184,618, representing 0.06% of net assets.

(h)	Principal amount less than $500.

(i)	Perpetual maturity security. Maturity date shown is the first call date. Interest rate is fixed until the first call date and variable therafter.

(j)	All or partial amount segregated as collateral for future contracts and swaps.

(k)	Non-income producing.

(l)	All or partial amount segregated as collateral for reverse repurchase agreements.

Glossary:

ABS—Asset Backed Securities

£—British Pound

CMO—Collateralized Mortgage Obligation

€—Euro

FRN—Floating Rate Note. The interest rate disclosed reflects the rate in effect on October 31, 2008.

¥—Japanese Yen

LIBOR—London Inter-Bank Offered Rate

MBS—Mortgage-Backed Securities

NR—Not Rated

TBA—To Be Announced

VRN—Variable Rate Note. Instruments whose interest rates change on specified date (such as a coupon date or interest payment date) and/or whose interest rates vary with changes in a designated base rate (such as the prime interest rate). The interest rate disclosed reflects the rate in effect on October 31, 2008.

Other Investments:

(1) Futures contracts outstanding at October 31, 2008:


Type	Contracts	Market Value (000)		Expiration Date	Unrealized Appreciation
Long: U.S. Treasury Notes 2 yr. Futures	100	$	21,483	12/31/08	$	264,184

The Fund pledged to brokers $171,000 in cash as collateral for futures contracts.

(2) Credit default swap contracts outstanding at October 31, 2008:


Swap Counterparty/ Referenced Debt Issuer	Notional Amount Payable on Default (000)		Termination Date	Payments Received (Paid) by Fund		Unrealized Appreciation (Depreciation)
Bank of America:
ABS Home Equity Index	$	6,000	8/25/37	0.15	%	$	(74,050	)
Citigroup:
Bear Stearns		3,000	9/20/12	(4.05	)%		(327,018	)
Home Equity Index		10,000	8/25/37	0.09	%		(824,050	)
Credit Suisse First Boston:
ABS Home Equity Index		15,500	8/25/37	0.15	%		(772,481	)
Deutsche Bank:
American International Group		3,000	3/20/13	2.10	%		(1,417,352	)
Home Equity Index		7,738	7/25/45	0.18	%		272,192
Goldman Sachs:
Bear Stearns		2,000	12/20/17	(3.00	)%		(265,179	)
JPMorgan Chase:
Lennar		2,000	12/20/12	5.40	%		(199,009	)
Merrill Lynch & Co.:
Home Equity Index		4,836	7/25/45	0.18	%		846

						$	(3,606,101	)

(3) Interest rate swap agreements outstanding at October 31, 2008:


	Notional Amount (000)		Termination Date	Rate Type		Unrealized Appreciation (Depreciation)
Swap Counterparty	Notional Amount (000)		Termination Date	Payments Made by Fund	Payments Received by Fund	Unrealized Appreciation (Depreciation)
Bank of America	$	8,600	12/17/10	4.00%	3-Month USD-LIBOR	$	(154,029	)
Bank of America		12,000	1/27/15	3-Month USD-LIBOR	4.57%		374,248
Deutsche Bank	£	4,200	12/15/35	4.00%	6-Month GBP-LIBOR		(41,586	)
Deutsche Bank	¥	550,000	12/15/35	6-Month JPY-LIBOR	2.50%		740,989
Goldman Sachs		555,000	12/15/35	6-Month JPY-LIBOR	2.50%		842,433
HSBC Bank	£	9,300	9/15/10	6-Month GBP-LIBOR	5.00%		108,617
Merrill Lynch & Co.	$	33,300	12/17/13	3-Month USD-LIBOR	4.00%		451,637
Merrill Lynch & Co.		1,900	12/17/23	5.00%	3-Month USD-LIBOR		(107,150	)
Merrill Lynch & Co.		509,000	6/19/25	5.70%	3-Month USD-LIBOR		(47,704,282	)
Merrill Lynch & Co.		350,000	6/21/26	3-Month USD-LIBOR	5.65%		52,906,372
Merrill Lynch & Co.		104,100	6/21/26	3-Month USD-LIBOR	5.80%		17,699,935
Morgan Stanley		21,750	12/17/18	5.00%	3-Month USD-LIBOR		(138,332	)
Morgan Stanley		245,900	6/19/25	5.70%	3-Month USD-LIBOR		(23,046,135	)
Morgan Stanley		245,900	6/21/26	3-Month USD-LIBOR	5.80%		41,809,934
Morgan Stanley		72,600	12/17/28	5.00%	3-Month USD-LIBOR		(5,161,141	)
Royal Bank of Scotland		100	12/17/10	4.00%	3-Month USD-LIBOR		(1,801	)
Royal Bank of Scotland		600	12/17/23	5.00%	3-Month USD-LIBOR		(23,819	)
Royal Bank of Scotland		700	12/17/38	5.00%	3-Month USD-LIBOR		(66,540	)

						$	38,489,350

£/GBP - British Pound

¥/JPY - Japanese Yen

LIBOR - London Inter-Bank Offered Rate

(4) Forward foreign currency contracts outstanding at October 31, 2008:


	U.S.$ Value Origination Date		U.S.$ Value October 31, 2008		Unrealized Appreciation
Purchased:
457,381,000 Japanese Yen settling 11/5/08	$	4,541,339	$	4,650,714	$	109,375
457,381,000 Japanese Yen settling 12/3/08		4,643,698		4,655,500		11,802
Sold:
1,076,700 Brazilian Real settling 12/2/08		600,000		500,892		99,108
3,870,000 British Pound settling 11/3/08		7,030,629		6,252,949		777,680
3,870,000 British Pound settling 12/9/08		6,315,066		6,239,433		75,633

					$	1,073,598

The Fund received $3,998,729 principal value in U.S. Treasury Bills and $1,380,000 in cash as collateral for derivate contracts.

(5) Open reverse repurchase agreements at October 31, 2008:


Counterparty	Rate		Trade Date	Maturity Date	Principal & Interest		Principal
Credit Suisse First Boston	3.00	%	10/14/08	11/13/08	$	128,880,031	$	128,687,000
	4.00	%	10/14/08	11/13/08		86,681,016		86,508,000

							$	215,195,000

Details of underlying collateral for open reverse repurchase agreements at October 31, 2008, as reflected in the Schedule of Investments:


Counterparty	Description	Rate		Maturity Date	Principal		Market Value
Credit Suisse First Boston	Fannie Mae	4.25	%	11/25/24	$	389,327	$	312,276
	Fannie Mae	5.00	%	5/25/16		200,000		201,860
	Fannie Mae	5.273	%	4/1/30		42,888		42,809
	Fannie Mae	5.39	%	2/1/27		54,869		55,493
	Fannie Mae	5.50	%	8/25/14		120,784		122,984
	Fannie Mae	5.50	%	12/25/16		47,506		48,327
	Fannie Mae	5.50	%	7/25/24		125,000		123,090
	Fannie Mae	5.50	%	4/1/32		147,414		145,080
	Fannie Mae	5.50	%	12/25/32		102,288		103,710
	Fannie Mae	5.50	%	12/25/34		887,150		825,290
	Fannie Mae	5.50	%	4/25/35		1,370,000		1,271,149
	Fannie Mae	5.611	%	3/1/32		172,640		172,750


Counterparty	Description	Rate		Maturity Date	Principal		Market Value
	Fannie Mae	5.671	%	12/1/28	$	101,932	$	102,936
	Fannie Mae	5.75	%	6/25/33		100,000		93,135
	Fannie Mae	5.807	%	8/25/43		2,500,000		2,407,384
	Fannie Mae	6.00	%	2/25/17		103,162		106,542
	Fannie Mae	6.00	%	4/25/17		360,105		371,076
	Fannie Mae	6.468	%	11/1/27		82,224		84,861
	Fannie Mae	6.50	%	5/1/13		61,871		63,366
	Fannie Mae	6.50	%	10/1/13		49,654		50,853
	Fannie Mae	6.50	%	2/1/14		433,193		443,456
	Fannie Mae	6.50	%	6/25/23		338,894		353,916
	Fannie Mae	6.50	%	4/1/27		37,841		38,760
	Fannie Mae	6.50	%	11/18/27		581,344		595,389
	Fannie Mae	6.50	%	2/1/28		722,097		738,505
	Fannie Mae	6.50	%	4/1/28		66,426		67,997
	Fannie Mae	6.50	%	9/1/28		139,879		143,188
	Fannie Mae	6.50	%	11/1/28		966,603		989,470
	Fannie Mae	6.50	%	1/1/29		77,586		79,421
	Fannie Mae	6.50	%	2/1/29		46,247		47,341
	Fannie Mae	6.50	%	3/1/29		638,252		652,952
	Fannie Mae	6.50	%	4/1/29		93,711		95,869
	Fannie Mae	6.50	%	6/1/29		69,352		70,949
	Fannie Mae	6.50	%	7/1/29		1,036,783		1,060,661
	Fannie Mae	6.50	%	8/1/31		105,600		107,107
	Fannie Mae	6.50	%	9/25/31		2,051,800		2,081,015
	Fannie Mae	6.50	%	10/1/31		127,942		129,731
	Fannie Mae	6.50	%	11/1/31		61,442		62,291
	Fannie Mae	6.50	%	3/25/32		3,607,102		3,625,932
	Fannie Mae	6.50	%	6/1/32		76,607		77,569
	Fannie Mae	6.50	%	8/1/32		205,158		207,072
	Fannie Mae	6.50	%	9/1/32		123,031		124,046
	Fannie Mae	6.50	%	12/25/41		1,521,536		1,583,135
	Fannie Mae	6.50	%	8/25/42		386,885		404,475
	Fannie Mae	6.745	%	12/1/25		135,797		138,747
	Fannie Mae	6.85	%	12/18/27		86,578		89,787
	Fannie Mae	7.00	%	6/1/09		49,233		49,560
	Fannie Mae	7.00	%	7/18/12		320,064		330,898
	Fannie Mae	7.00	%	1/1/13		176,248		184,529
	Fannie Mae	7.00	%	2/1/15		28,742		30,193
	Fannie Mae	7.00	%	3/1/16		332,430		346,463
	Fannie Mae	7.00	%	5/1/16		181,181		190,880
	Fannie Mae	7.00	%	11/1/16		227,680		234,399
	Fannie Mae	7.00	%	5/1/17		28,443		29,957
	Fannie Mae	7.00	%	11/1/17		163,890		172,865
	Fannie Mae	7.00	%	7/1/21		904,426		941,969
	Fannie Mae	7.00	%	11/1/24		138,475		143,812
	Fannie Mae	7.00	%	6/18/27		65,588		69,093
	Fannie Mae	7.00	%	12/1/27		39,228		40,854
	Fannie Mae	7.00	%	6/1/28		35,966		37,315
	Fannie Mae	7.00	%	2/1/29		62,229		64,514
	Fannie Mae	7.00	%	3/1/29		198,762		206,216
	Fannie Mae	7.00	%	4/1/29		271,941		283,580
	Fannie Mae	7.00	%	5/1/29		83,784		86,861
	Fannie Mae	7.00	%	6/1/29		49,315		51,126
	Fannie Mae	7.00	%	9/1/29		111,920		116,030
	Fannie Mae	7.00	%	10/1/29		29,128		30,198


Counterparty	Description	Rate		Maturity Date	Principal		Market Value
	Fannie Mae	7.00	%	4/1/30	$	8,978,949	$	9,351,296
	Fannie Mae	7.00	%	5/1/30		142,747		147,905
	Fannie Mae	7.00	%	7/1/31		29,949		31,024
	Fannie Mae	7.00	%	8/1/31		121,270		125,625
	Fannie Mae	7.00	%	9/1/31		127,186		131,759
	Fannie Mae	7.00	%	12/1/31		208,247		215,724
	Fannie Mae	7.00	%	2/1/32		230,783		239,069
	Fannie Mae	7.00	%	4/1/32		56,437		58,803
	Fannie Mae	7.00	%	5/1/32		199,125		206,193
	Fannie Mae	7.00	%	6/1/32		192,373		199,201
	Fannie Mae	7.00	%	7/1/32		74,160		76,792
	Fannie Mae	7.00	%	8/1/32		69,605		72,075
	Fannie Mae	7.00	%	9/1/33		277,307		286,635
	Fannie Mae	7.00	%	11/1/33		367,985		380,646
	Fannie Mae	7.00	%	1/1/34		594,356		613,543
	Fannie Mae	7.00	%	7/1/34		295,591		306,273
	Fannie Mae	7.00	%	2/25/35		129,165		119,574
	Fannie Mae	7.00	%	3/1/35		280,495		290,175
	Fannie Mae	7.00	%	7/1/36		5,698,110		5,805,483
	Fannie Mae	7.00	%	9/25/41		2,080,121		2,184,943
	Fannie Mae	7.00	%	10/25/41		258,163		263,052
	Fannie Mae	7.00	%	7/25/42		102,230		107,538
	Fannie Mae	7.00	%	11/25/43		529,923		561,306
	Fannie Mae	7.00	%	2/25/44		538,004		581,892
	Fannie Mae	7.00	%	3/25/45		3,543,980		3,612,097
	Fannie Mae	7.00	%	12/1/46		1,575,946		1,592,075
	Fannie Mae	7.065	%	3/1/32		300,000		313,031
	Fannie Mae	7.50	%	6/19/30		259,716		268,436
	Fannie Mae	7.50	%	6/1/17		924,779		974,635
	Fannie Mae	7.50	%	12/1/17		69,829		73,764
	Fannie Mae	7.50	%	10/25/22		89,394		96,079
	Fannie Mae	7.50	%	4/1/24		858,393		903,870
	Fannie Mae	7.50	%	7/1/26		42,719		45,074
	Fannie Mae	7.50	%	8/1/26		32,714		34,518
	Fannie Mae	7.50	%	11/1/26		36,652		38,673
	Fannie Mae	7.50	%	7/1/27		46,993		49,535
	Fannie Mae	7.50	%	1/1/28		34,333		36,191
	Fannie Mae	7.50	%	11/1/29		34,240		36,011
	Fannie Mae	7.50	%	12/1/29		44,907		47,230
	Fannie Mae	7.50	%	4/1/30		148,500		156,339
	Fannie Mae	7.50	%	6/25/30		265,643		274,445
	Fannie Mae	7.50	%	7/1/31		48,797		51,243
	Fannie Mae	7.50	%	7/1/32		1,083,588		1,147,843
	Fannie Mae	7.50	%	9/1/35		3,453,896		3,624,805
	Fannie Mae	7.50	%	7/25/41		1,472,997		1,558,688
	Fannie Mae	7.50	%	2/25/42		1,703,190		1,807,942
	Fannie Mae	7.50	%	7/25/42		89,795		92,801
	Fannie Mae	7.50	%	3/25/44		1,012,672		1,046,412
	Fannie Mae	7.70	%	3/25/23		135,591		145,608
	Fannie Mae	7.75	%	3/1/31		89,765		93,180
	Fannie Mae	7.815	%	12/1/30		243,286		246,140
	Fannie Mae	8.00	%	9/1/24		547,893		578,031
	Fannie Mae	8.00	%	4/1/30		28,574		30,203
	Fannie Mae	8.00	%	5/1/30		118,054		124,784
	Fannie Mae	8.00	%	7/1/30		65,535		69,271


Counterparty	Description	Rate		Maturity Date	Principal		Market Value
	Fannie Mae	8.00	%	7/19/30	$	2,320,072	$	2,495,915
	Fannie Mae	8.00	%	8/1/30		52,666		55,668
	Fannie Mae	8.00	%	5/1/31		136,141		143,903
	Fannie Mae	8.00	%	7/1/31		621,197		657,185
	Fannie Mae	8.00	%	8/1/31		36,252		38,319
	Fannie Mae	8.00	%	10/1/31		455,029		480,541
	Fannie Mae	8.00	%	11/1/31		60,374		63,810
	Fannie Mae	8.00	%	1/1/32		37,716		39,863
	Fannie Mae	8.00	%	6/1/32		34,267		36,214
	Fannie Mae	8.00	%	8/1/32		3,503,842		3,737,776
	Fannie Mae	8.50	%	4/1/16		108,849		121,540
	Fannie Mae	8.50	%	6/18/27		1,889,681		2,062,707
	Fannie Mae	8.50	%	6/25/30		179,651		186,969
	Fannie Mae	9.00	%	12/1/19		9,575,573		10,708,110
	Fannie Mae	9.418	%	5/15/21		1,374,790		1,519,987
	Fannie Mae	10.30	%	4/25/19		59,476		62,408
	Freddie Mac	5.00	%	10/15/16		200,000		201,357
	Freddie Mac	5.00	%	11/15/16		250,000		254,127
	Freddie Mac	5.00	%	2/15/24		68,225		66,255
	Freddie Mac	5.221	%	9/1/31		141,885		142,889
	Freddie Mac	5.50	%	12/1/31		100,187		97,969
	Freddie Mac	6.00	%	10/15/12		113,218		116,016
	Freddie Mac	6.00	%	9/15/16		449,294		464,630
	Freddie Mac	6.00	%	12/15/16		4,727,839		4,887,935
	Freddie Mac	6.00	%	3/15/17		63,834		66,006
	Freddie Mac	6.00	%	4/1/17		1,730,484		1,750,653
	Freddie Mac	6.00	%	12/15/28		1,364,263		1,369,979
	Freddie Mac	6.00	%	3/1/33		2,665,119		2,661,141
	Freddie Mac	6.00	%	2/1/34		78,280		78,468
	Freddie Mac	6.00	%	3/15/35		110,973		105,235
	Freddie Mac	6.50	%	11/1/16		2,077,874		2,131,166
	Freddie Mac	6.50	%	4/15/18		300,000		306,823
	Freddie Mac	6.50	%	8/1/21		29,183		29,804
	Freddie Mac	6.50	%	10/15/23		3,000,000		3,090,044
	Freddie Mac	6.50	%	12/15/23		102,054		103,967
	Freddie Mac	6.50	%	6/15/31		17,951,747		18,191,651
	Freddie Mac	6.50	%	12/15/31		100,000		101,061
	Freddie Mac	6.50	%	6/15/32		1,723,893		1,731,783
	Freddie Mac	6.50	%	7/15/32		7,457,271		7,604,967
	Freddie Mac	6.50	%	7/1/37		8,904,025		8,949,102
	Freddie Mac	6.50	%	2/25/43		143,938		143,190
	Freddie Mac	6.50	%	9/25/43		134,910		141,468
	Freddie Mac	6.90	%	9/15/23		2,161,509		2,275,191
	Freddie Mac	6.95	%	7/15/21		1,040,774		1,112,757
	Freddie Mac	7.00	%	9/1/11		1,821,931		1,909,029
	Freddie Mac	7.00	%	7/15/12		211,654		213,317
	Freddie Mac	7.00	%	9/1/12		266,998		281,632
	Freddie Mac	7.00	%	10/1/12		36,946		38,971
	Freddie Mac	7.00	%	12/1/12		29,469		31,084
	Freddie Mac	7.00	%	7/1/13		1,215,178		1,273,270
	Freddie Mac	7.00	%	9/1/14		727,675		768,091
	Freddie Mac	7.00	%	11/1/14		171,207		180,785
	Freddie Mac	7.00	%	4/1/16		58,735		61,904
	Freddie Mac	7.00	%	7/1/16		58,482		61,733
	Freddie Mac	7.00	%	3/1/17		43,295		44,722


Counterparty	Description	Rate		Maturity Date	Principal		Market Value
	Freddie Mac	7.00	%	6/1/17	$	1,426,584	$	1,504,082
	Freddie Mac	7.00	%	8/1/21		1,103,530		1,147,875
	Freddie Mac	7.00	%	9/1/21		1,346,421		1,400,525
	Freddie Mac	7.00	%	1/15/24		1,949,285		2,051,596
	Freddie Mac	7.00	%	3/15/24		100,000		104,989
	Freddie Mac	7.00	%	9/15/25		1,083,792		1,138,109
	Freddie Mac	7.00	%	7/1/26		2,928,822		2,991,317
	Freddie Mac	7.00	%	7/15/27		1,483,839		1,559,036
	Freddie Mac	7.00	%	3/15/29		4,311,000		4,380,803
	Freddie Mac	7.00	%	3/1/31		148,972		153,103
	Freddie Mac	7.00	%	6/15/31		2,491,641		2,562,555
	Freddie Mac	7.00	%	10/1/31		1,016,348		1,044,534
	Freddie Mac	7.00	%	1/1/32		475,845		491,810
	Freddie Mac	7.00	%	3/1/32		28,317		29,247
	Freddie Mac	7.00	%	4/1/32		152,783		156,895
	Freddie Mac	7.00	%	1/1/36		625,259		642,599
	Freddie Mac	7.00	%	6/1/36		10,346,591		10,467,193
	Freddie Mac	7.00	%	7/1/36		1,263,497		1,278,225
	Freddie Mac	7.00	%	8/1/36		9,733,802		9,847,262
	Freddie Mac	7.00	%	9/1/36		7,444,963		7,531,744
	Freddie Mac	7.00	%	11/1/36		2,443,916		2,473,794
	Freddie Mac	7.00	%	12/1/36		1,039,747		1,051,867
	Freddie Mac	7.00	%	1/1/37		8,265,433		8,361,777
	Freddie Mac	7.00	%	2/25/43		1,114,592		1,200,841
	Freddie Mac	7.00	%	9/25/43		472,497		498,667
	Freddie Mac	7.50	%	1/1/16		128,423		135,289
	Freddie Mac	7.50	%	5/15/24		1,325,000		1,418,169
	Freddie Mac	7.50	%	8/1/24		527,400		557,917
	Freddie Mac	7.50	%	4/1/26		46,056		48,621
	Freddie Mac	7.50	%	6/1/26		299,094		315,752
	Freddie Mac	7.50	%	7/1/26		187,214		197,641
	Freddie Mac	7.50	%	12/1/26		614,379		648,596
	Freddie Mac	7.50	%	3/15/28		281,630		290,808
	Freddie Mac	7.50	%	12/1/30		1,381,672		1,458,622
	Freddie Mac	7.50	%	5/1/32		1,005,941		1,062,932
	Freddie Mac	7.50	%	7/25/32		297,815		300,381
	Freddie Mac	7.50	%	7/1/33		297,461		308,811
	Freddie Mac	7.50	%	3/1/37		1,410,815		1,458,915
	Freddie Mac	7.50	%	2/25/42		88,329		96,666
	Freddie Mac	8.00	%	2/15/22		56,042		57,260
	Freddie Mac	8.00	%	8/15/22		108,107		116,809
	Freddie Mac	8.00	%	8/1/24		70,954		75,016
	Freddie Mac	8.00	%	12/1/26		873,437		923,994
	Freddie Mac	8.00	%	4/15/30		281,316		296,844
	Freddie Mac	8.50	%	4/15/22		396,377		416,232
	Ginnie Mae	6.50	%	6/20/32		98,717		100,121
	Ginnie Mae	7.00	%	3/20/31		5,544,697		5,749,726
	Ginnie Mae	7.25	%	7/16/28		191,202		194,412
	Ginnie Mae	7.50	%	6/20/26		179,180		195,830
	Ginnie Mae	8.00	%	3/20/30		481,864		516,865

							$	232,344,305

Fair Value Measurements–Effective February 1, 2008, the Fund adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, “Fair Value Measurements” (“SFAS 157”). This standard clarifies the definition of fair value for financial reporting, establishes a framework for measuring fair value and requires additional disclosures about the use of the fair value measurements. The three levels of the fair value hierarchy under SFAS 157 are described below:

•

Level 1 – quoted prices in active markets for identical investments

•

Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

•

Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

The valuation techniques used by the Fund to measure fair value during the nine months ended October 31, 2008 maximized the use of observable inputs and minimized the use of unobservable inputs. The Fund utilized the following fair value techniques: multi-dimensional relational pricing model and option adjusted spread pricing.

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used at October 31, 2008 in valuing the Fund’s investments carried at value:


Valuation Inputs	Investments in Securities		Other Financial Instruments
Level 1 - Quoted Prices	$	—	$	264,184
Level 2 - Other Significant Observable Inputs		846,803,356		35,956,847
Level 3 - Significant Unobservable Inputs		184,618		—

Total	$	846,987,974	$	36,221,031

A roll forward of fair value measurements using significant unobservable inputs (Level 3) at October 31, 2008, were as follows:


	Investments in Securities
Beginning balance, 1/31/08	$	194,333
Net purchases (sales) and settlements		(5,905	)
Accrued discounts (premiums)		131
Total realized and unrealized gain (loss)		(3,941	)
Transfers in and/or out of Level 3		—

Ending balance, 10/31/08	$	184,618

Item 2.

Controls and Procedures

(a)

The registrant’s President & Chief Executive Officer and Treasurer, Principal Financial & Accounting Officer have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Act (17 CFR 270.30a-3(c))), are effective based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this document.

(b)

There were no significant changes in the registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the Act (17 CFR 270.30a-3(d))) that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3.

Exhibits

(a) Exhibit 99.302 Cert. — Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant: PIMCO Strategic Global Government Fund, Inc.



By		/s/ Brian S. Shlissel
		President & Chief Executive Officer

Date:		December 30, 2008

By		/s/ Lawrence G. Altadonna
		Treasurer, Principal Financial & Accounting Officer

Date:		December 30, 2008

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


By		/s/ Brian S. Shlissel
		President & Chief Executive Officer

Date:		December 30, 2008

By		/s/ Lawrence G. Altadonna
		Treasurer, Principal Financial & Accounting Officer

Date:		December 30, 2008