Edgar Filing: THOMPSON WILLIAM S

Ownership Submission

FORM 5

	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported
	Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ^*

THOMPSON WILLIAM S

2. Issuer Name and Ticker or Trading Symbol
PCM FUND, INC. [PCM]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
SENIOR VICE PRESIDENT

(Last)

(First)

(Middle)

840 NEWPORT CENTER DRIVE,Â SUITE 100

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2007

(Street)

NEWPORT BEACH,Â CAÂ 92660

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Reporting
(check applicable line)
_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON STOCK	08/24/2001	Â	P4	18,047	A	$ 14.0344	18,047	I	See Footnote ⁽²⁾
COMMON STOCK	05/28/2002	Â	P4	1,070	A	$ 14.612	1,070	I	See Footnote ⁽²⁾
COMMON STOCK	05/29/2002	Â	P4	5,800	A	$ 14.6098	5,800	I	See Footnote ⁽²⁾
COMMON STOCK	05/30/2002	Â	P4	3,300	A	$ 14.72	0 ⁽¹⁾ ⁽³⁾	I	See Footnote ⁽²⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
THOMPSON WILLIAM S 840 NEWPORT CENTER DRIVE SUITE 100 NEWPORT BEACH,Â CAÂ 92660	Â	Â	Â	SENIOR VICE PRESIDENT

Signatures

/S/ STEVEN LUDWIG, ATTORNEY-IN-FACT FOR WILLIAM S. THOMPSON		12/22/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	In addition to the acquisitions set forth on this Form 5 (all of which have been sold in previously reported transactions), the Reporting Person also acquired an aggregate of 6,050 shares on various dates under a qualified dividend reinvestment plan, which were not previously reported in the Reporting Person?s aggregate holdings and all of which have been sold in previously reported transactions.
(2)	A rabbi trust established in connection with the Executive Deferred Compensation Plan of Allianz Dresdner Asset Management of America LLC acquired common shares of the Issuer maintained for the benefit of Mr. Thompson. The shares are held in the name of the Plan.
(3)	Reflects the form and amount of securities beneficially owned as of the Issue's fiscal year end reflected in Box 3.
Â Remarks: PacificÂ InvestmentÂ ManagementÂ CompanyÂ LLCÂ (PIMCO)Â isÂ theÂ investmentÂ adviserÂ ofÂ theÂ issuer.Â Â Â EffectiveÂ asÂ ofÂ JanuaryÂ 1,Â 2009,Â Mr.Â ThompsonÂ noÂ longerÂ isÂ aÂ reportingÂ personÂ ofÂ theÂ issuer.

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