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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-08216
PIMCO Strategic Global Government Fund, Inc.
(Exact name of registrant as specified in charter)
1345 Avenue of the Americas, New York, NY 10105
(Address of principal executive offices) (Zip code)
Lawrence G. Altadonna
1345 Avenue of the Americas,
New York, NY 10105
(Name and address of agent for service)
Registrant’s telephone number, including area code: 212-739-3371
Date of fiscal year end: January 31, 2010
Date of reporting period: October 31, 2009
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 30b1-5 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, 100 F Street, NE, Washington, DC 20549-2001. 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, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
|
|
U.S. GOVERNMENT AGENCY SECURITIES—164.9% |
|||||||
| Fannie Mae—78.2% |
||||||||
| $ | 22 | 3.117%, 9/1/28, FRN, MBS |
Aaa/AAA | $ | 22,223 | |||
| 29 | 3.302%, 4/1/30, FRN, MBS (l) |
Aaa/AAA | 29,965 | |||||
| 52 | 3.39%, 2/1/27, FRN, MBS (l) |
Aaa/AAA | 53,006 | |||||
| 10 | 3.54%, 2/1/32, FRN, MBS |
Aaa/AAA | 9,971 | |||||
| 149 | 3.655%, 3/1/32, FRN, MBS (l) |
Aaa/AAA | 151,555 | |||||
| 99 | 3.672%, 12/1/28, FRN, MBS (l) |
Aaa/AAA | 99,343 | |||||
| 408 | 4.25%, 11/25/24, CMO |
Aaa/AAA | 405,737 | |||||
| 24 | 4.25%, 3/25/33, CMO |
Aaa/AAA | 24,747 | |||||
| 9,872 | 4.50%, 7/1/39, MBS (l) |
Aaa/AAA | 10,002,923 | |||||
| 7,800 | 4.50%, MBS, TBA (e) |
Aaa/AAA | 7,892,625 | |||||
| 77 | 4.526%, 11/1/27, FRN, MBS (l) |
Aaa/AAA | 77,617 | |||||
| 125 | 4.74%, 12/1/25, FRN, MBS (l) |
Aaa/AAA | 126,146 | |||||
| 100 | 5.00%, 5/25/16, CMO (l) |
Aaa/AAA | 101,550 | |||||
| 19 | 5.00%, 12/1/18, MBS |
Aaa/AAA | 19,863 | |||||
| 8 | 5.025%, 10/1/31, FRN, MBS |
Aaa/AAA | 8,153 | |||||
| 101 | 5.50%, 8/25/14, CMO (l) |
Aaa/AAA | 105,804 | |||||
| 34 | 5.50%, 12/25/16, CMO (l) |
Aaa/AAA | 36,677 | |||||
| 125 | 5.50%, 7/25/24, CMO (l) |
Aaa/AAA | 132,339 | |||||
| 144 | 5.50%, 4/1/32, MBS (l) |
Aaa/AAA | 153,458 | |||||
| 58 | 5.50%, 12/25/32, CMO (l) |
Aaa/AAA | 59,269 | |||||
| 887 | 5.50%, 12/25/34, CMO |
Aaa/AAA | 940,028 | |||||
| 1,370 | 5.50%, 4/25/35, CMO (l) |
Aaa/AAA | 1,452,966 | |||||
| 14,201 | 5.50%, 8/1/38, MBS (l) |
Aaa/AAA | 14,966,301 | |||||
| 100 | 5.75%, 6/25/33, CMO (l) |
Aaa/AAA | 106,826 | |||||
| 2,500 | 5.807%, 8/25/43, CMO (l) |
Aaa/AAA | 2,689,716 | |||||
| 75 | 6.00%, 2/25/17, CMO (l) |
Aaa/AAA | 80,820 | |||||
| 330 | 6.00%, 4/25/17, CMO (l) |
Aaa/AAA | 358,159 | |||||
| 2,737 | 6.00%, 12/1/32, MBS (l) |
Aaa/AAA | 2,937,396 | |||||
| 1,786 | 6.00%, 1/1/33, MBS (l) |
Aaa/AAA | 1,917,329 | |||||
| 583 | 6.00%, 2/1/33, MBS (l) |
Aaa/AAA | 625,627 | |||||
| 2,927 | 6.00%, 2/1/34, MBS (l) |
Aaa/AAA | 3,136,476 | |||||
| 9,702 | 6.00%, 10/1/34, MBS (l) |
Aaa/AAA | 10,380,623 | |||||
| 10,333 | 6.00%, 11/1/34, MBS (l) |
Aaa/AAA | 11,054,952 | |||||
| 5,430 | 6.00%, 4/1/35, MBS (l) |
Aaa/AAA | 5,828,317 | |||||
| 8,065 | 6.00%, 1/1/36, MBS (l) |
Aaa/AAA | 8,603,133 | |||||
| 10,013 | 6.00%, 9/1/36, MBS (l) |
Aaa/AAA | 10,728,741 | |||||
| 1,868 | 6.00%, 10/1/36, MBS (l) |
Aaa/AAA | 2,009,377 | |||||
| 4,048 | 6.00%, 7/1/37, MBS (l) |
Aaa/AAA | 4,307,648 | |||||
| 7,168 | 6.00%, 1/25/44, CMO (l) |
Aaa/AAA | 7,710,883 | |||||
| 56,010 | 6.00%, MBS, TBA (e) |
Aaa/AAA | 59,484,412 | |||||
| 43 | 6.50%, 5/1/13, MBS (l) |
Aaa/AAA | 45,953 | |||||
| 33 | 6.50%, 10/1/13, MBS (l) |
Aaa/AAA | 35,115 | |||||
| 270 | 6.50%, 2/1/14, MBS (l) |
Aaa/AAA | 289,517 | |||||
| 160 | 6.50%, 10/1/18, MBS (l) |
Aaa/AAA | 172,896 | |||||
| 148 | 6.50%, 9/1/19, MBS (l) |
Aaa/AAA | 159,554 | |||||
| 312 | 6.50%, 1/1/20, MBS (l) |
Aaa/AAA | 334,708 | |||||
| 276 | 6.50%, 6/25/23, CMO |
Aaa/AAA | 295,896 | |||||
| 2 | 6.50%, 12/1/23, MBS |
Aaa/AAA | 2,266 | |||||
| —(h) | 6.50%, 3/1/24, MBS |
Aaa/AAA | 193 | |||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
| Fannie Mae (continued) |
||||||||
| $ | 36 | 6.50%, 4/1/27, MBS (l) |
Aaa/AAA | $ | 39,079 | |||
| 321 | 6.50%, 11/18/27, CMO |
Aaa/AAA | 353,409 | |||||
| 12 | 6.50%, 1/1/28, MBS |
Aaa/AAA | 13,340 | |||||
| 656 | 6.50%, 2/1/28, MBS (l) |
Aaa/AAA | 708,461 | |||||
| 57 | 6.50%, 4/1/28, MBS (l) |
Aaa/AAA | 62,071 | |||||
| 142 | 6.50%, 9/1/28, MBS (l) |
Aaa/AAA | 153,507 | |||||
| 840 | 6.50%, 11/1/28, MBS (l) |
Aaa/AAA | 912,702 | |||||
| 103 | 6.50%, 1/1/29, MBS (l) |
Aaa/AAA | 112,259 | |||||
| 45 | 6.50%, 2/1/29, MBS (l) |
Aaa/AAA | 48,140 | |||||
| 592 | 6.50%, 3/1/29, MBS (l) |
Aaa/AAA | 642,109 | |||||
| 85 | 6.50%, 4/1/29, MBS (l) |
Aaa/AAA | 92,213 | |||||
| 25 | 6.50%, 5/1/29, MBS (l) |
Aaa/AAA | 27,241 | |||||
| 79 | 6.50%, 6/1/29, MBS (l) |
Aaa/AAA | 85,594 | |||||
| 948 | 6.50%, 7/1/29, MBS (l) |
Aaa/AAA | 1,028,704 | |||||
| 19 | 6.50%, 8/1/29, MBS |
Aaa/AAA | 20,423 | |||||
| 5 | 6.50%, 9/1/29, MBS |
Aaa/AAA | 5,348 | |||||
| 8 | 6.50%, 12/1/29, MBS |
Aaa/AAA | 9,075 | |||||
| 233 | 6.50%, 4/1/31, MBS (l) |
Aaa/AAA | 252,702 | |||||
| 204 | 6.50%, 5/1/31, MBS (l) |
Aaa/AAA | 218,805 | |||||
| 214 | 6.50%, 8/1/31, MBS (l) |
Aaa/AAA | 229,568 | |||||
| 1,701 | 6.50%, 9/25/31, CMO (l) |
Aaa/AAA | 1,856,474 | |||||
| 93 | 6.50%, 10/1/31, MBS (l) |
Aaa/AAA | 100,192 | |||||
| 45 | 6.50%, 11/1/31, MBS (l) |
Aaa/AAA | 48,330 | |||||
| 3,301 | 6.50%, 3/25/32, CMO (l) |
Aaa/AAA | 3,515,594 | |||||
| 59 | 6.50%, 6/1/32, MBS (l) |
Aaa/AAA | 63,521 | |||||
| 172 | 6.50%, 8/1/32, MBS (l) |
Aaa/AAA | 184,011 | |||||
| 104 | 6.50%, 9/1/32, MBS (l) |
Aaa/AAA | 111,357 | |||||
| 539 | 6.50%, 10/1/32, MBS (l) |
Aaa/AAA | 584,162 | |||||
| 326 | 6.50%, 5/1/33, MBS (l) |
Aaa/AAA | 352,467 | |||||
| 83 | 6.50%, 6/1/33, MBS (l) |
Aaa/AAA | 88,729 | |||||
| 168 | 6.50%, 7/1/33, MBS (l) |
Aaa/AAA | 182,130 | |||||
| 200 | 6.50%, 8/1/33, MBS (l) |
Aaa/AAA | 216,525 | |||||
| 620 | 6.50%, 9/1/33, MBS (l) |
Aaa/AAA | 672,053 | |||||
| 1,828 | 6.50%, 10/1/33, MBS (l) |
Aaa/AAA | 1,977,445 | |||||
| 1,424 | 6.50%, 11/1/33, MBS (l) |
Aaa/AAA | 1,539,744 | |||||
| 203 | 6.50%, 12/1/33, MBS (l) |
Aaa/AAA | 220,021 | |||||
| 672 | 6.50%, 1/1/34, MBS (l) |
Aaa/AAA | 725,830 | |||||
| 72 | 6.50%, 2/1/34, MBS (l) |
Aaa/AAA | 77,430 | |||||
| 34 | 6.50%, 3/1/34, MBS (l) |
Aaa/AAA | 37,219 | |||||
| 98 | 6.50%, 4/1/34, MBS (l) |
Aaa/AAA | 105,969 | |||||
| 133 | 6.50%, 5/1/34, MBS (l) |
Aaa/AAA | 143,058 | |||||
| 1,108 | 6.50%, 7/1/34, MBS (l) |
Aaa/AAA | 1,197,588 | |||||
| 863 | 6.50%, 8/1/34, MBS (l) |
Aaa/AAA | 931,435 | |||||
| 873 | 6.50%, 9/1/34, MBS (l) |
Aaa/AAA | 942,471 | |||||
| 21 | 6.50%, 10/1/34, MBS |
Aaa/AAA | 22,738 | |||||
| 480 | 6.50%, 11/1/34, MBS (l) |
Aaa/AAA | 518,360 | |||||
| 347 | 6.50%, 12/1/34, MBS (l) |
Aaa/AAA | 373,991 | |||||
| 155 | 6.50%, 1/1/35, MBS (l) |
Aaa/AAA | 167,842 | |||||
| 250 | 6.50%, 2/1/35, MBS (l) |
Aaa/AAA | 269,922 | |||||
| 170 | 6.50%, 4/1/35, MBS (l) |
Aaa/AAA | 183,825 | |||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
| Fannie Mae (continued) |
||||||||
| $ | 81 | 6.50%, 7/1/35, MBS (l) |
Aaa/AAA | $ | 87,133 | |||
| 293 | 6.50%, 10/1/35, MBS (l) |
Aaa/AAA | 315,690 | |||||
| 1,357 | 6.50%, 6/1/36, MBS (l) |
Aaa/AAA | 1,472,091 | |||||
| 5,703 | 6.50%, 12/1/36, MBS (l) |
Aaa/AAA | 6,131,343 | |||||
| 1,358 | 6.50%, 4/1/37, MBS (l) |
Aaa/AAA | 1,459,561 | |||||
| 4,042 | 6.50%, 2/1/38, MBS (l) |
Aaa/AAA | 4,342,621 | |||||
| 1,476 | 6.50%, 7/1/39, MBS (l) |
Aaa/AAA | 1,586,293 | |||||
| 1,358 | 6.50%, 12/25/41, CMO (l) |
Aaa/AAA | 1,474,064 | |||||
| 3,864 | 6.50%, 7/25/42, CMO (l) |
Aaa/AAA | 4,193,816 | |||||
| 336 | 6.50%, 8/25/42, CMO |
Aaa/AAA | 364,713 | |||||
| 4,284 | 6.50%, 9/25/42, CMO (l) |
Aaa/AAA | 4,676,120 | |||||
| 55 | 6.50%, 10/25/42, CMO (l) |
Aaa/AAA | 59,928 | |||||
| 88 | 6.50%, 12/25/42, CMO (l) |
Aaa/AAA | 95,943 | |||||
| 1,754 | 6.50%, 6/25/44, CMO (l) |
Aaa/AAA | 1,902,937 | |||||
| 551 | 6.50%, 11/1/47, MBS (l) |
Aaa/AAA | 589,245 | |||||
| 72 | 6.85%, 12/18/27, CMO (l) |
Aaa/AAA | 79,760 | |||||
| 178 | 7.00%, 7/18/12, CMO |
Aaa/AAA | 189,614 | |||||
| 100 | 7.00%, 1/1/13, MBS (l) |
Aaa/AAA | 104,254 | |||||
| 24 | 7.00%, 2/1/15, MBS |
Aaa/AAA | 26,102 | |||||
| 268 | 7.00%, 3/1/16, MBS (l) |
Aaa/AAA | 298,680 | |||||
| 160 | 7.00%, 5/1/16, MBS (l) |
Aaa/AAA | 173,275 | |||||
| 137 | 7.00%, 11/1/16, MBS (l) |
Aaa/AAA | 142,620 | |||||
| 432 | 7.00%, 5/1/17, MBS (l) |
Aaa/AAA | 469,172 | |||||
| 122 | 7.00%, 11/1/17, MBS (l) |
Aaa/AAA | 132,584 | |||||
| 740 | 7.00%, 7/1/21, MBS (l) |
Aaa/AAA | 793,475 | |||||
| 134 | 7.00%, 11/1/24, MBS (l) |
Aaa/AAA | 147,463 | |||||
| 12 | 7.00%, 10/1/25, MBS |
Aaa/AAA | 13,452 | |||||
| 56 | 7.00%, 6/18/27, CMO (l) |
Aaa/AAA | 62,391 | |||||
| 7 | 7.00%, 9/1/27, MBS |
Aaa/AAA | 7,297 | |||||
| 12 | 7.00%, 11/1/27, MBS |
Aaa/AAA | 13,269 | |||||
| 37 | 7.00%, 12/1/27, MBS (l) |
Aaa/AAA | 41,114 | |||||
| 7 | 7.00%, 5/1/28, MBS |
Aaa/AAA | 7,598 | |||||
| 25 | 7.00%, 6/1/28, MBS (l) |
Aaa/AAA | 27,627 | |||||
| 58 | 7.00%, 2/1/29, MBS (l) |
Aaa/AAA | 64,058 | |||||
| 178 | 7.00%, 3/1/29, MBS (l) |
Aaa/AAA | 196,922 | |||||
| 146 | 7.00%, 4/1/29, MBS (l) |
Aaa/AAA | 161,738 | |||||
| 79 | 7.00%, 5/1/29, MBS (l) |
Aaa/AAA | 87,932 | |||||
| 67 | 7.00%, 6/1/29, MBS (l) |
Aaa/AAA | 73,719 | |||||
| 32 | 7.00%, 7/1/29, MBS (l) |
Aaa/AAA | 35,202 | |||||
| 104 | 7.00%, 9/1/29, MBS (l) |
Aaa/AAA | 115,299 | |||||
| 34 | 7.00%, 10/1/29, MBS |
Aaa/AAA | 38,032 | |||||
| 1 | 7.00%, 11/1/29, MBS |
Aaa/AAA | 949 | |||||
| 16 | 7.00%, 3/1/30, MBS |
Aaa/AAA | 17,870 | |||||
| 7,262 | 7.00%, 4/1/30, MBS (l) |
Aaa/AAA | 8,046,545 | |||||
| 140 | 7.00%, 5/1/30, MBS (l) |
Aaa/AAA | 155,179 | |||||
| 27 | 7.00%, 4/1/31, MBS |
Aaa/AAA | 30,303 | |||||
| 17 | 7.00%, 6/1/31, MBS |
Aaa/AAA | 19,013 | |||||
| 49 | 7.00%, 7/1/31, MBS (l) |
Aaa/AAA | 53,818 | |||||
| 114 | 7.00%, 8/1/31, MBS (l) |
Aaa/AAA | 126,633 | |||||
| 127 | 7.00%, 9/1/31, MBS (l) |
Aaa/AAA | 140,192 | |||||
| 17 | 7.00%, 11/1/31, MBS |
Aaa/AAA | 18,892 | |||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
| Fannie Mae (continued) |
||||||||
| $ | 186 | 7.00%, 12/1/31, MBS (l) |
Aaa/AAA | $ | 205,430 | |||
| 85 | 7.00%, 1/1/32, MBS (l) |
Aaa/AAA | 90,982 | |||||
| 205 | 7.00%, 2/1/32, MBS (l) |
Aaa/AAA | 227,096 | |||||
| 65 | 7.00%, 4/1/32, MBS (l) |
Aaa/AAA | 71,562 | |||||
| 176 | 7.00%, 5/1/32, MBS (l) |
Aaa/AAA | 193,731 | |||||
| 179 | 7.00%, 6/1/32, MBS (l) |
Aaa/AAA | 197,203 | |||||
| 70 | 7.00%, 7/1/32, MBS (l) |
Aaa/AAA | 76,969 | |||||
| 38 | 7.00%, 8/1/32, MBS (l) |
Aaa/AAA | 41,381 | |||||
| 462 | 7.00%, 9/25/32, CMO (l) |
Aaa/AAA | 504,756 | |||||
| 273 | 7.00%, 9/1/33, MBS (l) |
Aaa/AAA | 298,138 | |||||
| 361 | 7.00%, 11/1/33, MBS (l) |
Aaa/AAA | 397,641 | |||||
| 697 | 7.00%, 1/1/34, MBS (l) |
Aaa/AAA | 759,012 | |||||
| 209 | 7.00%, 7/1/34, MBS (l) |
Aaa/AAA | 230,855 | |||||
| 139 | 7.00%, 2/25/35, CMO (l) |
Aaa/AAA | 146,295 | |||||
| 245 | 7.00%, 3/1/35, MBS (l) |
Aaa/AAA | 269,368 | |||||
| 4,988 | 7.00%, 7/1/36, MBS (l) |
Aaa/AAA | 5,444,464 | |||||
| 1,832 | 7.00%, 9/25/41, CMO, VRN (l) |
Aaa/AAA | 2,008,977 | |||||
| 226 | 7.00%, 10/25/41, CMO |
Aaa/AAA | 248,321 | |||||
| 90 | 7.00%, 7/25/42, CMO (l) |
Aaa/AAA | 98,878 | |||||
| 469 | 7.00%, 11/25/43, CMO |
Aaa/AAA | 514,339 | |||||
| 469 | 7.00%, 2/25/44, CMO |
Aaa/AAA | 514,512 | |||||
| 2,904 | 7.00%, 3/25/45, CMO (l) |
Aaa/AAA | 3,184,831 | |||||
| 1,393 | 7.00%, 12/1/46, MBS (l) |
Aaa/AAA | 1,513,810 | |||||
| 842 | 7.00%, 1/1/47, MBS (l) |
Aaa/AAA | 914,830 | |||||
| 777 | 7.50%, 6/1/17, MBS (l) |
Aaa/AAA | 846,375 | |||||
| 59 | 7.50%, 12/1/17, MBS (l) |
Aaa/AAA | 67,316 | |||||
| 508 | 7.50%, 5/1/22, MBS (l) |
Aaa/AAA | 574,525 | |||||
| 73 | 7.50%, 10/25/22, CMO (l) |
Aaa/AAA | 80,300 | |||||
| 801 | 7.50%, 4/1/24, MBS (l) |
Aaa/AAA | 898,464 | |||||
| 231 | 7.50%, 6/19/30, CMO, VRN |
Aaa/AAA | 258,165 | |||||
| 231 | 7.50%, 6/25/30, CMO |
Aaa/AAA | 253,591 | |||||
| 48 | 7.50%, 7/1/31, MBS (l) |
Aaa/AAA | 54,320 | |||||
| 160 | 7.50%, 5/1/32, MBS (l) |
Aaa/AAA | 180,206 | |||||
| 591 | 7.50%, 9/1/35, MBS (l) |
Aaa/AAA | 655,103 | |||||
| 681 | 7.50%, 9/1/37, MBS (l) |
Aaa/AAA | 735,109 | |||||
| 1,331 | 7.50%, 7/25/41, CMO (l) |
Aaa/AAA | 1,454,454 | |||||
| 1,495 | 7.50%, 2/25/42, CMO, VRN (l) |
Aaa/AAA | 1,645,073 | |||||
| 83 | 7.50%, 7/25/42, CMO (l) |
Aaa/AAA | 92,349 | |||||
| 9 | 7.50%, 8/25/42, CMO |
Aaa/AAA | 9,803 | |||||
| 1,322 | 7.50%, 10/25/42, CMO (l) |
Aaa/AAA | 1,476,873 | |||||
| 845 | 7.50%, 3/25/44, CMO |
Aaa/AAA | 944,029 | |||||
| 3,228 | 7.50%, 6/25/44, CMO (l) |
Aaa/AAA | 3,608,401 | |||||
| 111 | 7.70%, 3/25/23, CMO (l) |
Aaa/AAA | 125,036 | |||||
| 90 | 7.75%, 3/1/31, FRN, MBS (l) |
Aaa/AAA | 91,400 | |||||
| 238 | 7.815%, 12/1/30, FRN, MBS (l) |
Aaa/AAA | 244,462 | |||||
| 10 | 8.00%, 4/1/19, MBS |
Aaa/AAA | 11,170 | |||||
| 405 | 8.00%, 9/25/21, CMO |
Aaa/AAA | 447,080 | |||||
| 3 | 8.00%, 1/1/22, MBS |
Aaa/AAA | 3,537 | |||||
| 4 | 8.00%, 12/1/22, MBS |
Aaa/AAA | 4,728 | |||||
| 7 | 8.00%, 6/1/24, MBS |
Aaa/AAA | 8,445 | |||||
| 315 | 8.00%, 9/1/24, MBS (l) |
Aaa/AAA | 356,062 | |||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
| Fannie Mae (continued) |
||||||||
| $ | 2 | 8.00%, 12/1/24, MBS |
Aaa/AAA | $ | 1,926 | |||
| 3 | 8.00%, 9/1/27, MBS |
Aaa/AAA | 2,939 | |||||
| 27 | 8.00%, 4/1/30, MBS (l) |
Aaa/AAA | 30,148 | |||||
| 103 | 8.00%, 5/1/30, MBS (l) |
Aaa/AAA | 117,322 | |||||
| 2 | 8.00%, 6/1/30, MBS |
Aaa/AAA | 1,987 | |||||
| 64 | 8.00%, 7/1/30, MBS (l) |
Aaa/AAA | 73,430 | |||||
| 2,056 | 8.00%, 7/19/30, CMO, VRN (l) |
Aaa/AAA | 2,278,269 | |||||
| 47 | 8.00%, 8/1/30, MBS (l) |
Aaa/AAA | 53,870 | |||||
| 1 | 8.00%, 9/1/30, MBS |
Aaa/AAA | 1,267 | |||||
| 10 | 8.00%, 10/1/30, MBS |
Aaa/AAA | 10,936 | |||||
| 20 | 8.00%, 1/1/31, MBS |
Aaa/AAA | 22,382 | |||||
| 15 | 8.00%, 3/1/31, MBS |
Aaa/AAA | 16,853 | |||||
| 120 | 8.00%, 5/1/31, MBS (l) |
Aaa/AAA | 137,203 | |||||
| 483 | 8.00%, 7/1/31, MBS (l) |
Aaa/AAA | 550,546 | |||||
| 47 | 8.00%, 8/1/31, MBS (l) |
Aaa/AAA | 52,656 | |||||
| 376 | 8.00%, 10/1/31, MBS (l) |
Aaa/AAA | 429,017 | |||||
| 81 | 8.00%, 11/1/31, MBS (l) |
Aaa/AAA | 93,079 | |||||
| 37 | 8.00%, 1/1/32, MBS (l) |
Aaa/AAA | 42,230 | |||||
| 98 | 8.00%, 5/1/32, MBS (l) |
Aaa/AAA | 111,363 | |||||
| 12 | 8.00%, 6/1/32, MBS |
Aaa/AAA | 13,918 | |||||
| 84 | 8.00%, 12/1/33, MBS (l) |
Aaa/AAA | 92,016 | |||||
| 111 | 8.00%, 1/1/35, MBS (l) |
Aaa/AAA | 121,348 | |||||
| 56 | 8.50%, 4/1/16, MBS (l) |
Aaa/AAA | 62,374 | |||||
| 742 | 8.50%, 9/25/21, CMO |
Aaa/AAA | 823,251 | |||||
| 635 | 8.50%, 10/25/21, CMO |
Aaa/AAA | 704,716 | |||||
| 463 | 8.50%, 12/25/21, CMO |
Aaa/AAA | 506,804 | |||||
| 1,619 | 8.50%, 6/18/27, CMO (l) |
Aaa/AAA | 1,795,898 | |||||
| 197 | 8.50%, 6/25/30, CMO |
Aaa/AAA | 218,767 | |||||
| 424 | 8.50%, 6/1/36, MBS (l) |
Aaa/AAA | 462,998 | |||||
| 1,128 | 9.419%, 5/15/21, MBS (l) |
Aaa/AAA | 1,279,873 | |||||
| 366 | 10.09%, 7/15/27, MBS (l) |
Aaa/AAA | 410,503 | |||||
| 28 | 10.30%, 4/25/19, CMO (l) |
Aaa/AAA | 29,675 | |||||
| 277,286,844 | ||||||||
| Federal Housing Administration—1.0% |
||||||||
| 3,344 | 7.25%, 8/1/31 (g) |
Aaa/AAA | 3,319,453 | |||||
| 174 | 7.43%, 6/1/24 (g) |
Aaa/AAA | 173,493 | |||||
| 3,492,946 | ||||||||
| Freddie Mac—46.0% |
||||||||
| 180 | 0.141%, 2/1/11, FRN (k) |
Aaa/AAA | 179,887 | |||||
| 610 | 0.379%, 3/9/11, FRN (k) |
Aaa/AAA | 611,256 | |||||
| 77 | 3.20%, 9/1/31, FRN, MBS (l) |
Aaa/AAA | 78,034 | |||||
| 9 | 3.927%, 4/1/33, FRN, MBS |
Aaa/AAA | 9,551 | |||||
| 11 | 4.574%, 12/1/26, FRN, MBS |
Aaa/AAA | 11,072 | |||||
| 153 | 5.00%, 10/15/16, CMO |
Aaa/AAA | 158,206 | |||||
| 185 | 5.00%, 11/15/16, CMO |
Aaa/AAA | 191,799 | |||||
| 62 | 5.00%, 2/15/24, CMO (l) |
Aaa/AAA | 65,728 | |||||
| 25,050 | 5.50%, 6/1/37, MBS (l) |
Aaa/AAA | 26,424,068 | |||||
| 86 | 6.00%, 10/15/12, CMO (l) |
Aaa/AAA | 89,067 | |||||
| 336 | 6.00%, 9/15/16, CMO |
Aaa/AAA | 359,915 | |||||
| 3,480 | 6.00%, 12/15/16, CMO (l) |
Aaa/AAA | 3,743,141 | |||||
| 46 | 6.00%, 3/15/17, CMO (l) |
Aaa/AAA | 49,871 | |||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
| Freddie Mac (continued) |
||||||||
| $ | 1,326 | 6.00%, 4/1/17, MBS (l) |
Aaa/AAA | $ | 1,427,191 | |||
| 1,046 | 6.00%, 12/15/28, CMO |
Aaa/AAA | 1,124,017 | |||||
| 9 | 6.00%, 2/1/33, MBS |
Aaa/AAA | 9,655 | |||||
| 2,095 | 6.00%, 3/1/33, MBS (l) |
Aaa/AAA | 2,229,024 | |||||
| 62 | 6.00%, 2/1/34, MBS (l) |
Aaa/AAA | 66,535 | |||||
| 118 | 6.00%, 3/15/35, CMO (l) |
Aaa/AAA | 128,510 | |||||
| 1,444 | 6.50%, 11/1/16, MBS (l) |
Aaa/AAA | 1,552,234 | |||||
| 253 | 6.50%, 4/15/18, CMO |
Aaa/AAA | 259,090 | |||||
| 23 | 6.50%, 8/1/21, MBS |
Aaa/AAA | 25,164 | |||||
| 195 | 6.50%, 9/15/23, CMO |
Aaa/AAA | 210,148 | |||||
| 3,000 | 6.50%, 10/15/23, CMO (l) |
Aaa/AAA | 3,208,347 | |||||
| 81 | 6.50%, 12/15/23, CMO (l) |
Aaa/AAA | 87,207 | |||||
| 9 | 6.50%, 6/1/29, MBS |
Aaa/AAA | 9,710 | |||||
| 13,132 | 6.50%, 6/15/31, CMO (l) |
Aaa/AAA | 14,130,517 | |||||
| 100 | 6.50%, 12/15/31, CMO (l) |
Aaa/AAA | 106,601 | |||||
| 1,299 | 6.50%, 6/15/32, CMO |
Aaa/AAA | 1,392,577 | |||||
| 6,675 | 6.50%, 7/15/32, CMO (l) |
Aaa/AAA | 7,321,727 | |||||
| 114 | 6.50%, 8/1/34, MBS (l) |
Aaa/AAA | 121,181 | |||||
| 6,782 | 6.50%, 7/1/37, MBS (l) |
Aaa/AAA | 7,213,295 | |||||
| 128 | 6.50%, 2/25/43, CMO (l) |
Aaa/AAA | 138,399 | |||||
| 119 | 6.50%, 9/25/43, CMO, VRN (l) |
Aaa/AAA | 129,054 | |||||
| 696 | 6.50%, 10/25/43, CMO |
Aaa/AAA | 755,199 | |||||
| 5,875 | 6.50%, 3/25/44, CMO (l) |
Aaa/AAA | 6,380,532 | |||||
| 788 | 6.50%, 9/1/47, MBS (l) |
Aaa/AAA | 841,351 | |||||
| 2,258 | 6.50%, 9/1/48, MBS (l) |
Aaa/AAA | 2,424,680 | |||||
| 338 | 6.50%, 10/1/48, MBS (l) |
Aaa/AAA | 360,913 | |||||
| 1,778 | 6.90%, 9/15/23, CMO (l) |
Aaa/AAA | 1,901,978 | |||||
| 864 | 6.95%, 7/15/21, CMO |
Aaa/AAA | 937,653 | |||||
| 1,101 | 6.976%, 7/25/32, CMO, VRN |
Aaa/AAA | 1,201,708 | |||||
| 1 | 7.00%, 1/1/11, MBS |
Aaa/AAA | 1,315 | |||||
| 887 | 7.00%, 9/1/11, MBS (l) |
Aaa/AAA | 926,936 | |||||
| 9 | 7.00%, 3/1/12, MBS |
Aaa/AAA | 9,629 | |||||
| 92 | 7.00%, 7/15/12, CMO (l) |
Aaa/AAA | 91,978 | |||||
| 171 | 7.00%, 9/1/12, MBS (l) |
Aaa/AAA | 179,687 | |||||
| 25 | 7.00%, 10/1/12, MBS |
Aaa/AAA | 26,715 | |||||
| 19 | 7.00%, 11/1/12, MBS |
Aaa/AAA | 20,440 | |||||
| 20 | 7.00%, 12/1/12, MBS |
Aaa/AAA | 21,417 | |||||
| 716 | 7.00%, 7/1/13, MBS (l) |
Aaa/AAA | 754,356 | |||||
| 13 | 7.00%, 1/1/14, MBS |
Aaa/AAA | 13,668 | |||||
| 528 | 7.00%, 9/1/14, MBS (l) |
Aaa/AAA | 566,781 | |||||
| 112 | 7.00%, 11/1/14, MBS (l) |
Aaa/AAA | 120,671 | |||||
| 45 | 7.00%, 7/1/15, MBS |
Aaa/AAA | 48,651 | |||||
| 14 | 7.00%, 8/1/15, MBS |
Aaa/AAA | 15,167 | |||||
| 50 | 7.00%, 4/1/16, MBS (l) |
Aaa/AAA | 54,120 | |||||
| 6 | 7.00%, 6/1/16, MBS |
Aaa/AAA | 6,403 | |||||
| 48 | 7.00%, 7/1/16, MBS (l) |
Aaa/AAA | 51,817 | |||||
| 13 | 7.00%, 11/1/16, MBS |
Aaa/AAA | 13,622 | |||||
| 40 | 7.00%, 3/1/17, MBS (l) |
Aaa/AAA | 42,886 | |||||
| 1,031 | 7.00%, 6/1/17, MBS (l) |
Aaa/AAA | 1,097,522 | |||||
| 931 | 7.00%, 8/1/21, MBS (l) |
Aaa/AAA | 996,783 | |||||
| 1,083 | 7.00%, 9/1/21, MBS (l) |
Aaa/AAA | 1,159,568 | |||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | |||||||
| Freddie Mac (continued) |
|||||||||
| $ | 621 | 7.00%, 5/15/23, CMO (l) |
Aaa/AAA | $ | 649,941 | ||||
| 1,672 | 7.00%, 1/15/24, CMO (l) |
Aaa/AAA | 1,805,385 | ||||||
| 90 | 7.00%, 3/15/24, CMO (l) |
Aaa/AAA | 98,343 | ||||||
| 11 | 7.00%, 7/1/24, MBS |
Aaa/AAA | 11,527 | ||||||
| 959 | 7.00%, 9/15/25, CMO |
Aaa/AAA | 1,036,176 | ||||||
| 1,248 | 7.00%, 7/15/27, CMO |
Aaa/AAA | 1,370,433 | ||||||
| 4,311 | 7.00%, 3/15/29, CMO (l) |
Aaa/AAA | 4,730,241 | ||||||
| 121 | 7.00%, 3/1/31, MBS (l) |
Aaa/AAA | 133,435 | ||||||
| 2,129 | 7.00%, 6/15/31, CMO (l) |
Aaa/AAA | 2,299,880 | ||||||
| 854 | 7.00%, 10/1/31, MBS (l) |
Aaa/AAA | 941,397 | ||||||
| 431 | 7.00%, 1/1/32, MBS (l) |
Aaa/AAA | 480,599 | ||||||
| 26 | 7.00%, 3/1/32, MBS (l) |
Aaa/AAA | 28,518 | ||||||
| 138 | 7.00%, 4/1/32, MBS (l) |
Aaa/AAA | 151,664 | ||||||
| 538 | 7.00%, 1/1/36, MBS (l) |
Aaa/AAA | 593,347 | ||||||
| 9,395 | 7.00%, 6/1/36, MBS (l) |
Aaa/AAA | 10,089,840 | ||||||
| 988 | 7.00%, 7/1/36, MBS (l) |
Aaa/AAA | 1,061,471 | ||||||
| 8,496 | 7.00%, 8/1/36, MBS (l) |
Aaa/AAA | 9,123,664 | ||||||
| 5,863 | 7.00%, 9/1/36, MBS (l) |
Aaa/AAA | 6,296,372 | ||||||
| 2,695 | 7.00%, 11/1/36, MBS (l) |
Aaa/AAA | 2,895,615 | ||||||
| 848 | 7.00%, 12/1/36, MBS (l) |
Aaa/AAA | 910,574 | ||||||
| 6,583 | 7.00%, 1/1/37, MBS (l) |
Aaa/AAA | 7,069,789 | ||||||
| 993 | 7.00%, 2/25/43, CMO |
Aaa/AAA | 1,087,770 | ||||||
| 415 | 7.00%, 9/25/43, CMO |
Aaa/AAA | 451,716 | ||||||
| 133 | 7.00%, 10/25/43, CMO |
Aaa/AAA | 146,244 | ||||||
| 95 | 7.50%, 1/1/16, MBS (l) |
Aaa/AAA | 102,849 | ||||||
| 1,325 | 7.50%, 5/15/24, CMO (l) |
Aaa/AAA | 1,454,392 | ||||||
| 506 | 7.50%, 8/1/24, MBS (l) |
Aaa/AAA | 567,511 | ||||||
| 4 | 7.50%, 6/1/25, MBS |
Aaa/AAA | 4,723 | ||||||
| 26 | 7.50%, 12/1/25, MBS |
Aaa/AAA | 28,754 | ||||||
| 7 | 7.50%, 1/1/26, MBS |
Aaa/AAA | 8,657 | ||||||
| 18 | 7.50%, 2/1/26, MBS |
Aaa/AAA | 19,864 | ||||||
| 26 | 7.50%, 3/1/26, MBS |
Aaa/AAA | 29,682 | ||||||
| 40 | 7.50%, 4/1/26, MBS (l) |
Aaa/AAA | 45,521 | ||||||
| 38 | 7.50%, 5/1/26, MBS |
Aaa/AAA | 43,490 | ||||||
| 302 | 7.50%, 6/1/26, MBS (l) |
Aaa/AAA | 341,246 | ||||||
| 215 | 7.50%, 7/1/26, MBS (l) |
Aaa/AAA | 242,718 | ||||||
| 52 | 7.50%, 8/1/26, MBS |
Aaa/AAA | 58,293 | ||||||
| 14 | 7.50%, 11/1/26, MBS |
Aaa/AAA | 16,219 | ||||||
| 561 | 7.50%, 12/1/26, MBS (l) |
Aaa/AAA | 634,129 | ||||||
| 235 | 7.50%, 3/15/28, CMO |
Aaa/AAA | 237,800 | ||||||
| 4,564 | 7.50%, 4/1/28, MBS (l) |
Aaa/AAA | 5,156,320 | ||||||
| 163 | 7.50%, 2/1/30, MBS (l) |
Aaa/AAA | 175,175 | ||||||
| 15 | 7.50%, 4/1/30, MBS |
Aaa/AAA | 17,140 | ||||||
| — | (h) | 7.50%, 6/1/30, MBS |
Aaa/AAA | 98 | |||||
| 11 | 7.50%, 10/1/30, MBS |
Aaa/AAA | 12,160 | ||||||
| 24 | 7.50%, 11/1/30, MBS |
Aaa/AAA | 27,494 | ||||||
| 1,292 | 7.50%, 12/1/30, MBS (l) |
Aaa/AAA | 1,460,216 | ||||||
| 822 | 7.50%, 5/1/32, MBS (l) |
Aaa/AAA | 926,214 | ||||||
| 265 | 7.50%, 7/25/32, CMO, VRN |
Aaa/AAA | 295,981 | ||||||
| 293 | 7.50%, 7/1/33, MBS (l) |
Aaa/AAA | 317,769 | ||||||
| 87 | 7.50%, 7/1/34, MBS (l) |
Aaa/AAA | 94,391 | ||||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
| Freddie Mac (continued) |
||||||||
| $ | 828 | 7.50%, 3/1/37, MBS (l) |
Aaa/AAA | $ | 892,646 | |||
| 80 | 7.50%, 2/25/42, CMO (l) |
Aaa/AAA | 88,768 | |||||
| 29 | 8.00%, 2/15/22, CMO (l) |
Aaa/AAA | 29,990 | |||||
| 93 | 8.00%, 8/15/22, CMO (l) |
Aaa/AAA | 101,589 | |||||
| 43 | 8.00%, 7/1/24, MBS |
Aaa/AAA | 48,952 | |||||
| 65 | 8.00%, 8/1/24, MBS (l) |
Aaa/AAA | 73,826 | |||||
| 797 | 8.00%, 12/1/26, MBS (l) |
Aaa/AAA | 906,717 | |||||
| 240 | 8.00%, 4/15/30, CMO |
Aaa/AAA | 260,976 | |||||
| 175 | 8.00%, 11/1/34, MBS (l) |
Aaa/AAA | 189,641 | |||||
| 267 | 8.50%, 4/15/22, CMO |
Aaa/AAA | 292,857 | |||||
| 531 | 8.50%, 10/1/30, MBS (l) |
Aaa/AAA | 581,309 | |||||
| 163,135,942 | ||||||||
| Ginnie Mae—17.2% |
||||||||
| 439 | 5.50%, 6/20/35, FRN, MBS (l) |
Aaa/AAA | 461,597 | |||||
| 15,000 | 6.00%, MBS, TBA (e) |
Aaa/AAA | 15,921,090 | |||||
| 219 | 6.50%, 11/20/24, MBS (l) |
Aaa/AAA | 234,986 | |||||
| 1,766 | 6.50%, 9/15/28, MBS (l) |
Aaa/AAA | 1,910,885 | |||||
| 2,395 | 6.50%, 10/15/31, MBS (l) |
Aaa/AAA | 2,587,283 | |||||
| 1,625 | 6.50%, 1/15/32, MBS (l) |
Aaa/AAA | 1,750,381 | |||||
| 2,006 | 6.50%, 2/15/32, MBS (l) |
Aaa/AAA | 2,161,026 | |||||
| 1,047 | 6.50%, 4/15/32, MBS (l) |
Aaa/AAA | 1,127,894 | |||||
| 1,591 | 6.50%, 5/15/32, MBS (l) |
Aaa/AAA | 1,714,329 | |||||
| 79 | 6.50%, 6/20/32, CMO (l) |
Aaa/AAA | 85,745 | |||||
| 135 | 6.50%, 9/20/34, MBS (l) |
Aaa/AAA | 144,698 | |||||
| 1,153 | 6.50%, 8/20/38, MBS (l) |
Aaa/AAA | 1,216,794 | |||||
| 537 | 6.50%, 10/20/38, MBS (l) |
Aaa/AAA | 566,162 | |||||
| 1,607 | 6.50%, 2/15/39, MBS (l) |
Aaa/AAA | 1,710,045 | |||||
| 18,800 | 6.50%, MBS, TBA (e) |
Aaa/AAA | 19,983,817 | |||||
| 3 | 7.00%, 4/15/24, MBS |
Aaa/AAA | 3,669 | |||||
| 31 | 7.00%, 7/15/25, MBS (l) |
Aaa/AAA | 33,675 | |||||
| 31 | 7.00%, 9/15/25, MBS |
Aaa/AAA | 34,646 | |||||
| 22 | 7.00%, 11/15/25, MBS |
Aaa/AAA | 24,427 | |||||
| 11 | 7.00%, 12/15/25, MBS |
Aaa/AAA | 12,131 | |||||
| 40 | 7.00%, 3/15/26, MBS (l) |
Aaa/AAA | 44,099 | |||||
| 10 | 7.00%, 4/15/26, MBS |
Aaa/AAA | 11,554 | |||||
| 2 | 7.00%, 5/15/26, MBS |
Aaa/AAA | 2,313 | |||||
| 57 | 7.00%, 6/15/26, MBS (l) |
Aaa/AAA | 63,330 | |||||
| 4,374 | 7.00%, 3/20/31, CMO (l) |
Aaa/AAA | 4,726,340 | |||||
| 62 | 7.25%, 7/16/28, CMO (l) |
Aaa/AAA | 62,265 | |||||
| 6 | 7.50%, 1/15/17, MBS |
Aaa/AAA | 6,719 | |||||
| 8 | 7.50%, 2/15/17, MBS |
Aaa/AAA | 8,418 | |||||
| 8 | 7.50%, 3/15/17, MBS |
Aaa/AAA | 8,366 | |||||
| 3 | 7.50%, 4/15/17, MBS |
Aaa/AAA | 3,496 | |||||
| 8 | 7.50%, 5/15/17, MBS |
Aaa/AAA | 8,891 | |||||
| 3 | 7.50%, 7/15/17, MBS |
Aaa/AAA | 2,893 | |||||
| 1 | 7.50%, 6/15/23, MBS |
Aaa/AAA | 943 | |||||
| 11 | 7.50%, 10/15/25, MBS |
Aaa/AAA | 12,432 | |||||
| —(h) | 7.50%, 2/15/26, MBS |
Aaa/AAA | 459 | |||||
| 163 | 7.50%, 3/15/26, MBS (l) |
Aaa/AAA | 183,815 | |||||
| 154 | 7.50%, 6/20/26, CMO |
Aaa/AAA | 166,734 | |||||
| 307 | 7.50%, 9/15/26, MBS (l) |
Aaa/AAA | 347,587 | |||||
| 10 | 7.50%, 12/15/26, MBS |
Aaa/AAA | 11,807 | |||||
| 4 | 7.50%, 1/15/27, MBS |
Aaa/AAA | 4,020 | |||||
| 4 | 7.50%, 2/15/27, MBS |
Aaa/AAA | 4,774 | |||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
| Ginnie Mae (continued) |
||||||||
| $ | 71 | 7.50%, 3/15/27, MBS (l) |
Aaa/AAA | $ | 79,934 | |||
| 301 | 7.50%, 4/15/27, MBS (l) |
Aaa/AAA | 341,151 | |||||
| 10 | 7.50%, 5/15/27, MBS |
Aaa/AAA | 11,668 | |||||
| 116 | 7.50%, 6/15/27, MBS (l) |
Aaa/AAA | 130,563 | |||||
| 187 | 7.50%, 7/15/27, MBS (l) |
Aaa/AAA | 211,954 | |||||
| 54 | 7.50%, 8/15/27, MBS (l) |
Aaa/AAA | 61,045 | |||||
| 65 | 7.50%, 12/15/27, MBS (l) |
Aaa/AAA | 73,647 | |||||
| 394 | 7.50%, 1/15/28, MBS (l) |
Aaa/AAA | 447,665 | |||||
| 103 | 7.50%, 2/15/28, MBS (l) |
Aaa/AAA | 117,016 | |||||
| 170 | 7.50%, 1/15/29, MBS (l) |
Aaa/AAA | 192,559 | |||||
| 208 | 7.50%, 2/15/29, MBS (l) |
Aaa/AAA | 236,910 | |||||
| 180 | 7.50%, 3/15/29, MBS (l) |
Aaa/AAA | 204,082 | |||||
| 5 | 8.00%, 6/15/16, MBS |
Aaa/AAA | 5,254 | |||||
| —(h) | 8.00%, 7/15/16, MBS |
Aaa/AAA | 218 | |||||
| 11 | 8.00%, 1/15/17, MBS |
Aaa/AAA | 11,946 | |||||
| 3 | 8.00%, 2/15/17, MBS |
Aaa/AAA | 3,114 | |||||
| 13 | 8.00%, 3/15/17, MBS |
Aaa/AAA | 14,145 | |||||
| 21 | 8.00%, 4/15/17, MBS |
Aaa/AAA | 23,366 | |||||
| 15 | 8.00%, 5/15/17, MBS |
Aaa/AAA | 17,063 | |||||
| 9 | 8.00%, 6/15/17, MBS |
Aaa/AAA | 9,660 | |||||
| 12 | 8.00%, 7/15/17, MBS |
Aaa/AAA | 13,182 | |||||
| 1 | 8.00%, 1/15/20, MBS |
Aaa/AAA | 640 | |||||
| —(h) | 8.00%, 5/15/21, MBS |
Aaa/AAA | 466 | |||||
| 7 | 8.00%, 11/15/21, MBS |
Aaa/AAA | 8,164 | |||||
| 5 | 8.00%, 12/15/21, MBS |
Aaa/AAA | 5,604 | |||||
| 9 | 8.00%, 4/15/22, MBS |
Aaa/AAA | 10,016 | |||||
| 1 | 8.00%, 5/15/22, MBS |
Aaa/AAA | 686 | |||||
| 7 | 8.00%, 11/15/22, MBS |
Aaa/AAA | 8,291 | |||||
| 397 | 8.00%, 3/20/30, CMO |
Aaa/AAA | 434,394 | |||||
| —(h) | 8.50%, 10/15/16, MBS |
Aaa/AAA | 262 | |||||
| —(h) | 8.50%, 10/15/17, MBS |
Aaa/AAA | 38 | |||||
| —(h) | 8.50%, 5/15/22, MBS |
Aaa/AAA | 237 | |||||
| 1 | 8.50%, 1/15/23, MBS |
Aaa/AAA | 1,071 | |||||
| 8 | 8.50%, 4/15/23, MBS |
Aaa/AAA | 9,545 | |||||
| 2 | 8.50%, 8/15/30, MBS |
Aaa/AAA | 2,840 | |||||
| 12 | 8.50%, 2/15/31, MBS |
Aaa/AAA | 13,735 | |||||
| 16 | 9.00%, 6/15/16, MBS |
Aaa/AAA | 17,782 | |||||
| 42 | 9.00%, 11/15/16, MBS (l) |
Aaa/AAA | 46,536 | |||||
| 70 | 9.00%, 12/15/16, MBS (l) |
Aaa/AAA | 77,653 | |||||
| 35 | 9.00%, 9/15/17, MBS (l) |
Aaa/AAA | 39,592 | |||||
| 60 | 9.00%, 12/15/17, MBS (l) |
Aaa/AAA | 68,423 | |||||
| 66 | 9.00%, 3/15/18, MBS (l) |
Aaa/AAA | 75,048 | |||||
| 75 | 9.00%, 5/15/18, MBS (l) |
Aaa/AAA | 85,347 | |||||
| 22 | 9.00%, 6/15/18, MBS |
Aaa/AAA | 25,368 | |||||
| 242 | 9.00%, 10/15/19, MBS (l) |
Aaa/AAA | 274,381 | |||||
| 171 | 9.00%, 11/15/19, MBS (l) |
Aaa/AAA | 193,760 | |||||
| 107 | 9.00%, 1/15/20, MBS (l) |
Aaa/AAA | 121,895 | |||||
| 61,094,451 | ||||||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
| Small Business Administration Participation Certificates—20.5% |
||||||||
| $ | 664 | 4.625%, 2/1/25, ABS |
Aaa/AAA | $ | 697,792 | |||
| 1,934 | 4.727%, 2/10/19, ABS |
Aaa/AAA | 1,984,205 | |||||
| 748 | 4.754%, 8/10/14, ABS |
Aaa/AAA | 778,461 | |||||
| 27,987 | 4.76%, 2/1/29, ABS (l) |
Aaa/AAA | 29,674,921 | |||||
| 2,557 | 5.09%, 10/1/25, ABS |
Aaa/AAA | 2,712,454 | |||||
| 829 | 5.038%, 3/10/15, ABS |
Aaa/AAA | 858,036 | |||||
| 7,499 | 5.471%, 3/10/18, ABS |
Aaa/AAA | 7,765,473 | |||||
| 1,749 | 5.51%, 11/1/27, ABS |
Aaa/AAA | 1,882,351 | |||||
| 16,405 | 5.60%, 9/1/28, ABS |
Aaa/AAA | 17,810,083 | |||||
| 5,904 | 5.72%, 1/1/29, ABS |
Aaa/AAA | 6,505,162 | |||||
| 170 | 5.78%, 8/1/27, ABS |
Aaa/AAA | 183,604 | |||||
| 174 | 5.82%, 7/1/27, ABS |
Aaa/AAA | 191,424 | |||||
| 163 | 6.30%, 7/1/13 |
Aaa/AAA | 168,506 | |||||
| 397 | 6.30%, 6/1/18 |
Aaa/AAA | 429,182 | |||||
| 449 | 6.344%, 8/1/11 |
Aaa/AAA | 471,742 | |||||
| 151 | 6.40%, 8/1/13 |
Aaa/AAA | 157,120 | |||||
| 465 | 6.64%, 2/1/11 |
Aaa/AAA | 487,832 | |||||
| 58 | 7.20%, 6/1/17 |
Aaa/AAA | 64,145 | |||||
| 38 | 7.70%, 7/1/16 |
Aaa/AAA | 41,600 | |||||
| 72,864,093 | ||||||||
| Vendee Mortgage Trust—2.0% |
||||||||
| 501 | 6.50%, 3/15/29, CMO |
Aaa/AAA | 532,573 | |||||
| 103 | 6.75%, 2/15/26, CMO |
Aaa/AAA | 111,036 | |||||
| 230 | 6.75%, 6/15/26, CMO |
Aaa/AAA | 246,593 | |||||
| 6,081 | 7.50%, 9/15/30, CMO |
Aaa/AAA | 6,340,226 | |||||
| 7,230,428 | ||||||||
| Total U.S. Government Agency Securities (cost—$567,834,782) |
585,104,704 | |||||||
|
|
CORPORATE BONDS & NOTES—53.1% |
|||||||
|
|
Airlines—2.7% |
|||||||
| 3,000 | American Airlines, Inc., 10.50%, 10/15/12 (a)(d) |
B2/B | 3,090,000 | |||||
| 1,093 | Northwest Airlines, Inc., 1.175%, 5/20/14, FRN, MBIA |
Baa2/BBB- | 918,540 | |||||
| 2,731 | United Air Lines Pass Through Trust, 6.636%, 1/2/24 |
Ba1/BB+ | 2,403,063 | |||||
| 3,000 | United Air Lines, Inc., 10.40%, 5/1/18 |
Ba1/BBB | 3,060,000 | |||||
| 9,471,603 | ||||||||
|
|
Banking—4.7% |
|||||||
| 3,000 | American Express Bank FSB, 0.374%, 5/29/12, FRN (l) |
A2/BBB+ | 2,868,099 | |||||
| 2,000 | Banque Centrale de Tunisie, 7.375%, 4/25/12 |
Baa2/BBB | 2,212,500 | |||||
| £ | 1,100 | Barclays Bank PLC, 14.00%, 6/15/19 (i) |
Baa2/BBB+ | 2,384,339 | ||||
| $ | 5,900 | Rabobank Nederland NV, 11.00%, 6/30/19 (a)(d)(i) |
Aa2/AA- | 7,425,675 | ||||
| 1,800 | UBS AG, 5.875%, 12/20/17 |
Aa2/A+ | 1,850,515 | |||||
| 16,741,128 | ||||||||
|
|
Energy—2.9% |
|||||||
| 10,000 | Kinder Morgan Energy Partners L.P., 6.50%, 9/1/39 (l) |
Baa2/BBB | 10,219,310 | |||||
| 1,500 | SemGroup L.P., 8.75%, 11/15/15 (a)(d)(f) |
NR/NR | 97,500 | |||||
| 10,316,810 | ||||||||
|
|
Financial Services—31.2% |
|||||||
| 7,000 | American Express Credit Corp., 0.405%, 6/16/11, FRN (l) |
A2/BBB+ | 6,840,113 | |||||
| 1,800 | C10 Capital SPV Ltd., 6.722%, 12/31/16 (i) |
NR/B- | 1,278,763 | |||||
| € | 500 | CIT Group, Inc., 1.176%, 6/20/13, FRN (m) |
WR/NR | 457,390 | ||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
| Citigroup, Inc. (l), |
||||||||
| $ | 3,000 | 0.42%, 3/16/12, FRN |
A3/A | $ | 2,864,421 | |||
| 9,000 | 5.00%, 9/15/14 |
Baa1/A- | 8,883,450 | |||||
| 20,000 | 5.625%, 8/27/12 |
Baa1/A- | 20,733,740 | |||||
| 2,500 | Credit Agricole S.A., 6.637%, 5/31/17 (a)(d)(i) |
Aa3/A- | 2,012,500 | |||||
| Ford Motor Credit Co. LLC, |
||||||||
| 4,700 | 7.25%, 10/25/11 |
Caa1/CCC+ | 4,611,847 | |||||
| 10,000 | 8.70%, 10/1/14 |
Caa1/CCC+ | 9,998,700 | |||||
| £ | 3,000 | General Electric Capital Corp., 6.50%, 9/15/67, FRN |
Aa3/A+ | 4,104,393 | ||||
| GMAC, Inc., |
||||||||
| $ | 3,000 | 6.00%, 12/15/11 |
Ca/CCC | 2,815,575 | ||||
| 1,250 | 6.625%, 5/15/12 |
Ca/CCC | 1,176,695 | |||||
| 3,000 | 6.75%, 12/1/14 |
Ca/CCC | 2,722,662 | |||||
| 4,000 | 6.875%, 8/28/12 |
Ca/CCC | 3,776,032 | |||||
| International Lease Finance Corp., |
||||||||
| 5,000 | 4.15%, 1/20/15 (l) |
Baa3/BBB+ | 4,696,875 | |||||
| 9,763 | 5.75%, 6/15/11 |
Baa3/BBB+ | 8,773,862 | |||||
| 4,000 | Merrill Lynch & Co., Inc., 0.744%, 1/15/15, FRN |
A2/A | 3,612,776 | |||||
| Morgan Stanley, |
||||||||
| 4,000 | 0.584%, 1/9/14, FRN (l) |
A2/A | 3,779,756 | |||||
| 8,000 | 0.734%, 10/18/16, FRN |
A2/A | 7,220,304 | |||||
| AUD 2,700 | 3.817%, 3/1/13, FRN |
A2/A | 2,293,555 | |||||
| $ | 1,000 | 6.625%, 4/1/18 |
A2/A | 1,072,879 | ||||
| SLM Corp., |
||||||||
| 1,000 | 0.444%, 12/15/10, FRN |
Ba1/BBB- | 894,042 | |||||
| 570 | 0.623%, 2/1/14, FRN (l) |
Ba1/BBB- | 415,171 | |||||
| € | 1,000 | 1.123%, 11/15/11, FRN |
Ba1/BBB- | 1,261,510 | ||||
| € | 1,500 | 3.125%, 9/17/12 |
Ba1/NR | 1,836,936 | ||||
| € | 2,000 | 4.75%, 3/17/14 |
Ba1/BBB- | 2,404,985 | ||||
| 110,538,932 | ||||||||
|
|
Healthcare & Hospitals—0.4% |
|||||||
| $ | 1,500 | HCA, Inc., 9.00%, 12/15/14 |
Caa1/B- | 1,514,966 | ||||
|
|
Insurance—5.7% |
|||||||
| American International Group, Inc., |
||||||||
| 1,000 | 0.394%, 10/18/11, FRN (l) |
A3/A- | 878,515 | |||||
| 1,000 | 5.85%, 1/16/18 (l) |
A3/A- | 754,035 | |||||
| 14,275 | 8.175%, 5/15/68, (converts to FRN on 5/15/38) (l) |
Ba2/BBB | 8,672,062 | |||||
| 9,700 | 8.25%, 8/15/18 (l) |
A3/A- | 8,274,304 | |||||
| £ | 1,750 | 8.625%, 5/22/68, (converts to FRN on 5/22/18) |
Ba2/BBB | 1,629,807 | ||||
| 20,208,723 | ||||||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
|
|
Oil & Gas—2.3% |
|||||||
| Gaz Capital S.A., |
||||||||
| € | 1,000 | 5.875%, 6/1/15 (a)(d) |
Baa1/BBB | $ | 1,503,189 | |||
| $ | 3,000 | 8.625%, 4/28/34 |
Baa1/BBB | 3,322,800 | ||||
| 2,000 | Morgan Stanley Bank AG for OAO Gazprom, 9.625%, 3/1/13 |
Baa1/BBB | 2,235,200 | |||||
| 1,250 | Ras Laffan Liquefied Natural Gas Co., Ltd. III, 6.332%, 9/30/27 (b) |
Aa2/A | 1,266,763 | |||||
| 8,327,952 | ||||||||
|
|
Paper/Paper Products—0.4% |
|||||||
| 1,500 | Verso Paper Holdings LLC, 9.125%, 8/1/14 |
B2/B- | 1,252,500 | |||||
|
|
Tobacco—2.8% |
|||||||
| 10,000 | Reynolds American, Inc., 0.999%, 6/15/11, FRN (l) |
Baa3/BBB | 9,854,270 | |||||
| Total Corporate Bonds & Notes (cost—$165,842,291) |
188,226,884 | |||||||
|
|
MORTGAGE-BACKED SECURITIES—30.0% |
|||||||
| 1,028 | Bear Stearns Alt-A Trust, 6.25%, 8/25/36, CMO, VRN |
Caa2/CCC | 689,407 | |||||
| 55 | Citigroup Mortgage Loan Trust, Inc., 7.00%, 9/25/33, CMO |
Aaa/NR | 54,671 | |||||
| Countrywide Alternative Loan Trust, CMO, |
||||||||
| 1,901 | 6.25%, 8/25/37 |
Caa1/CCC | 964,249 | |||||
| 2,453 | 6.50%, 7/25/35 |
Ba1/B | 1,337,118 | |||||
| Countrywide Home Loan Mortgage Pass Through Trust, CMO, |
||||||||
| 1,584 | 4.102%, 8/25/34, FRN |
A1/AAA | 1,000,069 | |||||
| 4,675 | 7.50%, 11/25/34 (a)(d) |
Baa1/NR | 4,511,249 | |||||
| Credit Suisse First Boston Mortgage Securities Corp., CMO, |
||||||||
| 666 | 0.894%, 3/25/34, FRN |
Aa2/AA+ | 565,766 | |||||
| 1,476 | 7.00%, 2/25/34 |
Aa2/AAA | 1,318,088 | |||||
| 873 | GMAC Mortgage Corp. Loan Trust, 5.219%, 8/19/34, CMO, FRN |
Aa2/AAA | 385,726 | |||||
| 4,067 | GSAA Trust, 6.00%, 4/1/34, CMO |
Aa1/AAA | 3,388,294 | |||||
| GSMPS Mortgage Loan Trust, CMO (a)(d), |
||||||||
| 4,125 | 7.00%, 6/25/43 |
NR/NR | 3,945,690 | |||||
| 131 | 7.50%, 6/19/27, VRN |
NR/NR | 125,748 | |||||
| 1,947 | 8.00%, 9/19/27, VRN |
NR/NR | 1,959,690 | |||||
| GSR Mortgage Loan Trust, CMO, |
||||||||
| 1,219 | 0.574%, 12/25/34, FRN |
Aa2/AAA | 987,741 | |||||
| 632 | 0.584%, 12/25/34, FRN |
Aa1/NR | 463,085 | |||||
| 9,441 | 5.237%, 11/25/35, VRN |
NR/AAA | 8,500,087 | |||||
| 5,000 | 5.50%, 11/25/35 |
NR/B- | 2,912,689 | |||||
| 2,571 | 6.50%, 1/25/34 |
NR/AAA | 2,606,996 | |||||
| 3,695 | Harborview Mortgage Loan Trust, 0.615%, 10/19/33, CMO, FRN |
Aaa/AAA | 3,212,806 | |||||
| 5,000 | JPMorgan Chase Commercial Mortgage Securities Corp., |
|||||||
| 0.695%, 7/15/19, CMO, FRN (a)(b)(d) |
Aa2/NR | 3,499,098 | ||||||
| 2,137 | MASTR Adjustable Rate Mortgage Trust, 4.099%, 10/25/34, CMO, VRN |
NR/AAA | 1,685,077 | |||||
| MASTR Alternative Loans Trust, CMO, |
||||||||
| 1,655 | 6.50%, 3/25/34 |
Aaa/AAA | 1,530,945 | |||||
| 149 | 7.00%, 4/25/34 |
Aaa/AAA | 132,921 | |||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
| MASTR Reperforming Loan Trust, CMO (a)(d), |
||||||||
| $ | 3,571 | 7.00%, 5/25/35 |
Ba3/AAA | $ | 3,324,089 | |||
| 5,169 | 7.50%, 7/25/35 |
Ba3/AAA | 5,679,954 | |||||
| Nomura Asset Acceptance Corp., CMO (a)(d), |
||||||||
| 2,929 | 7.00%, 10/25/34 |
A1/AAA | 2,789,883 | |||||
| 4,099 | 7.50%, 3/25/34 |
Aa3/AAA | 3,988,872 | |||||
| 8,787 | 7.50%, 10/25/34 |
A1/AAA | 8,309,103 | |||||
| Residential Accredit Loans, Inc., CMO, |
||||||||
| 4,342 | 0.424%, 6/25/46, FRN |
Caa1/CCC | 1,708,535 | |||||
| 5,111 | 6.00%, 8/25/35 |
NR/B- | 3,799,305 | |||||
| Residential Asset Mortgage Products, Inc., CMO, |
||||||||
| 136 | 6.50%, 11/25/31 |
NR/AAA | 131,893 | |||||
| 1,325 | 7.00%, 8/25/16 |
NR/AAA | 1,328,728 | |||||
| 1,313 | 8.50%, 10/25/31 |
Aa2/AAA | 1,174,555 | |||||
| 1,847 | 8.50%, 11/25/31 |
NR/AAA | 1,690,187 | |||||
| 2,364 | Sequoia Mortgage Trust, 0.445%, 7/20/36, CMO, FRN |
Ba3/AAA | 1,758,038 | |||||
| 685 | Structured Adjustable Rate Mortgage Loan Trust, |
|||||||
| 3.596%, 3/25/34, CMO, VRN |
Aa2/AAA | 601,197 | ||||||
| 6,756 | Structured Asset Mortgage Investments, Inc., |
|||||||
| 2.257%, 8/25/47, CMO, FRN |
B2/CCC | 3,755,006 | ||||||
| 6,341 | Structured Asset Securities Corp., 7.50%, 10/25/36, CMO (a)(d) |
B3/AAA | 6,092,509 | |||||
| 5,000 | Wachovia Bank Commercial Mortgage Trust, |
|||||||
| 0.365%, 9/15/21, CMO, FRN (a)(b)(d) |
A1/AAA | 3,693,181 | ||||||
| 575 | WaMu Mortgage Pass Through Certificates, 4.675%, 5/25/35, CMO, VRN |
NR/AAA | 428,979 | |||||
| Washington Mutual MSC Mortgage Pass Through Certificates, CMO, |
||||||||
| 2,887 | 6.50%, 8/25/34 |
NR/AAA | 2,724,366 | |||||
| 529 | 7.00%, 3/25/34 |
NR/AAA | 519,346 | |||||
| 2,306 | 7.50%, 4/25/33 |
NR/AAA | 2,335,261 | |||||
| Wells Fargo Mortgage Backed Securities Trust, CMO, VRN, |
||||||||
| 2,798 | 3.249%, 5/25/35 |
Aa2/AAA | 2,481,957 | |||||
| 690 | 3.672%, 6/25/35 |
A1/AAA | 654,253 | |||||
| 247 | 5.240%, 4/25/36 |
NR/B | 211,204 | |||||
| 1,785 | Wells Fargo Mortgage-Backed Securities Trust, |
|||||||
| 3.459%, 6/25/35, CMO, FRN |
NR/AAA | 1,597,360 | ||||||
| Total Mortgage-Backed Securities (cost—$119,008,214) |
106,554,971 | |||||||
|
|
U.S. TREASURY BONDS & NOTES—15.7% |
|||||||
| U.S. Treasury Bonds & Notes (k), |
||||||||
| 1,283 | 1.00%, 7/31/11 |
1,289,616 | ||||||
| 3 | 1.00%, 9/30/11 |
3,010 | ||||||
| U.S. Treasury Inflation Indexed Bonds & Notes (e)(j), |
||||||||
| 28,635 | 2.00%, 7/15/14 |
30,221,385 | ||||||
| 16,317 | 2.00%, 1/15/16 |
17,170,676 | ||||||
| 6,250 | 2.625%, 7/15/17 |
6,879,639 | ||||||
| Total U.S. Treasury Bonds & Notes (cost—$55,174,355) |
55,564,326 | |||||||
|
|
ASSET-BACKED SECURITIES—1.8% |
|||||||
| 1,016 | Access Financial Manufactured Housing Contract Trust, 7.65%, 5/15/21 |
Caa2/NR | 833,165 | |||||
| Ameriquest Mortgage Securities, Inc., FRN (f), |
||||||||
| 2,167 | 3.769%, 11/25/32 |
Ca/D | 101,525 | |||||
| 963 | 5.869%, 2/25/33 |
Ca/D | 57,347 | |||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* | ||||||
| Conseco Finance Securitizations Corp., |
||||||||
| $ | 721 | 7.96%, 2/1/32 |
Ca/CCC- | $ | 600,724 | |||
| 358 | 7.97%, 5/1/32 |
Ca/CCC- | 277,454 | |||||
| CAD 800 | Ford Auto Securitization Trust, 4.817%, 10/15/12 (a)(d)(g) |
NR/AAA | 725,220 | |||||
| Green Tree Financial Corp., |
||||||||
| $ | 309 | 6.53%, 2/1/31, VRN |
NR/B- | 234,342 | ||||
| 461 | 7.05%, 1/15/27 |
B3/B | 342,836 | |||||
| 1,000 | Greenpoint Manufactured Housing, 8.30%, 10/15/26, VRN |
Ca/NR | 795,315 | |||||
| 2,704 | Morgan Stanley ABS Capital I, 0.424%, 1/25/36, FRN |
Baa2/B- | 2,234,378 | |||||
| 49 | Oakwood Mortgage Investors, Inc., 0.475%, 5/15/13, FRN |
Caa1/BB- | 27,701 | |||||
| 36 | Residential Asset Mortgage Products, Inc., 8.50%, 12/25/31 |
NR/AAA | 30,804 | |||||
| Total Asset-Backed Securities (cost—$7,854,048) |
6,260,811 | |||||||
|
|
SENIOR LOANS (a)(c)—1.3% |
|||||||
|
|
Financial Services—1.3% |
|||||||
| 2,646 | Chrysler Financial Corp., 4.25%, 8/3/12, Term B |
2,541,446 | ||||||
| 2,000 | CIT Group, Inc., 9.75%, 1/18/12, Term A (b)(m) |
1,988,750 | ||||||
| Total Senior Loans (cost—$4,467,606) |
4,530,196 | |||||||
|
|
MUNICIPAL BONDS—0.4% |
|||||||
|
|
West Virginia—0.4% |
|||||||
| 1,925 | Tobacco Settlement Finance Auth. Rev., |
|||||||
| 7.467%, 6/1/47, Ser. A (cost—$1,810,508) |
Baa3/BBB | 1,462,750 | ||||||
|
|
SHORT-TERM INVESTMENTS—7.5% |
|||||||
|
|
Corporate Notes—5.0% |
|||||||
|
|
Financial Services—5.0% |
|||||||
| 5,400 | Ford Motor Credit Co. LLC, 5.70%, 1/15/10 |
Caa1/CCC+ | 5,402,802 | |||||
| 4,000 | GMAC, Inc., 7.75%, 1/19/10 |
Ca/CCC | 4,003,356 | |||||
| 8,460 | International Lease Finance Corp., 5.00%, 4/15/10 (l) |
Baa3/BBB+ | 8,347,347 | |||||
| 17,753,505 | ||||||||
|
|
Oil & Gas—0.0% |
|||||||
| 80 | Pemex Project Funding Master Trust, 9.125%, 10/13/10 |
Baa1/BBB+ | 85,000 | |||||
| Total Corporate Notes (cost—$17,233,808) |
17,838,505 | |||||||
|
|
Repurchase Agreements—1.4% |
|||||||
| 4,500 | JPMorgan Securities, Inc., dated 10/30/09, 0.08%, due 11/2/09, proceeds $4,500,030; collateralized by Fannie Mae, 4.63%, due 10/15/14, valued at $4,604,733 including accrued interest |
4,500,000 | ||||||
| 554 | State Street Bank & Trust Co., dated 10/30/09, 0.01%, due 11/2/09, proceeds $554,000; collateralized by U.S. Treasury Bills, zero coupon, due 12/10/09, valued at $570,000 |
554,000 | ||||||
| Total Repurchase Agreements (cost—$5,054,000) |
5,054,000 | |||||||
PIMCO Strategic Global Government Fund, Inc. Schedule of Investments
October 31, 2009 (unaudited)
| Principal Amount (000) |
Credit Rating (Moody’s/S&P) |
Value* |
|||||||
|
|
U.S. Treasury Bills (k)—0.8% |
||||||||
| $ | 2,950 | 0.18%-0.26%, 2/25/10-4/8/10 (cost—$2,947,742) |
$ | 2,947,742 | |||||
|
|
U.S. Government Agency Securities—0.3% |
||||||||
| Freddie Mac, MBS, |
|||||||||
| —(h) | 7.00%, 11/1/09 |
Aaa/AAA | 76 | ||||||
| —(h) | 7.00%, 8/1/10 |
Aaa/AAA | 115 | ||||||
| Small Business Administration, |
|||||||||
| 754 | 7.449%, 8/1/10 |
Aaa/AAA | 777,284 | ||||||
| 195 | 8.017%, 2/10/10, ABS |
Aaa/AAA | 199,276 | ||||||
| Total U.S. Government Agency Securities (cost—$959,012) |
976,751 | ||||||||
| Total Short-Term Investments (cost—$26,194,562) |
26,816,998 | ||||||||
| Total Investments (cost—$948,186,366)—274.7% |
974,521,640 | ||||||||
| Liabilities in excess of other assets—(174.7%) |
(619,742,091 | ) | |||||||
| Net Assets—100% |
$ | 354,779,549 | |||||||
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 last reported sales prices, or if no sales are reported, on the basis of quotes obtained from a quotation reporting system, established market makers, or independent pricing services. |
| Portfolio securities and other financial instruments for which market quotations are not readily available or for which 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 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 mean between the last quoted bid and ask 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. 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. 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 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 and these differences could be material. 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 $67,303,346, representing 19.0% of net assets. |
| (b) | Illiquid. |
| (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, 2009. |
| (d) | 144A—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) | When-issued or delayed-delivery. To be settled/delivered after October 31, 2009. |
| (f) | In default. |
| (g) | Fair-Valued—Securities with an aggregate value of $4,218,166, representing 1.2% of net assets. |
| (h) | Principal amount less than $500. |
| (i) | Perpetual maturity. Maturity date shown is the first call date. Interest rate is fixed until the first call date and variable thereafter. |
| (j) | Inflationary Bonds—Principal amount of security is adjusted for inflation. |
| (k) | All or partial amount segregated as collateral for swaps. |
| (l) | All or partial amount segregated as collateral for reverse repurchase agreements. |
| (m) | Issuer filed for bankruptcy on November 1, 2009. |
Glossary:
ABS—Asset-Backed Securities
AUD—Australian Dollar
£—British Pound
CAD—Canadian Dollar
CMO—Collateralized Mortgage Obligation
€—Euro
FRN—Floating Rate Note. The interest rate disclosed reflects the rate in effect on October 31, 2009.
LIBOR—London Inter-Bank Offered Rate
MBIA—insured by Municipal Bond Investors Assurance
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, 2009.
WR—Withdrawn Rating
Other Investments:
(A) Credit default swap agreements:
Buy protection swap agreements outstanding at October 31, 2009 (1):
| Swap Counterparty/ |
Notional Amount Payable on Default (000) (4) |
Credit Spread (3) |
Termination Date |
Payments Made by Fund |
Market Value (5) |
Upfront Premiums Paid |
Unrealized Depreciation |
|||||||||||||
| JPMorgan Chase: |
||||||||||||||||||||
| CIT Group † |
$5,200 | 64.57 | % | 12/20/13 | (5.00 | )% | $ | 1,756,933 | $ | 2,340,000 | $ | (583,067 | ) | |||||||
| Morgan Stanley: |
||||||||||||||||||||
| CIT Group † |
3,700 | 64.57 | % | 12/20/13 | (5.00 | )% | 1,250,126 | 1,665,000 | (414,874 | ) | ||||||||||
| $ | 3,007,059 | $ | 4,005,000 | $ | (997,941 | ) | ||||||||||||||
Sell protection swap agreements outstanding at October 31, 2009 (2):
| Swap Counterparty/ |
Notional Amount Payable on Default (000) (4) |
Credit Spread (3) |
Termination Date |
Payments Received by Fund |
Market Value (5) |
Upfront Premiums Received |
Unrealized Appreciation (Depreciation) |
||||||||||||||||
| Barclays Bank: |
|||||||||||||||||||||||
| CIT Group † |
$ | 3,700 | 66.68 | % | 12/20/13 | 5.00 | % | $ | (1,258,851 | ) | $ | (753,500 | ) | $ | (505,351 | ) | |||||||
| BNP Paribas: |
|||||||||||||||||||||||
| General Electric |
800 | 1.93 | % | 12/20/13 | 4.60 | % | 85,455 | — | 85,455 | ||||||||||||||
| Citigroup: |
|||||||||||||||||||||||
| American Express |
500 | 1.27 | % | 12/20/13 | 4.30 | % | 61,402 | — | 61,402 | ||||||||||||||
| SLM |
2,900 | 7.99 | % | 12/20/13 | 5.00 | % | (253,965 | ) | (350,000 | ) | 96,035 | ||||||||||||
| Deutsche Bank: |
|||||||||||||||||||||||
| American International Group |
3,000 | 7.58 | % | 3/20/13 | 2.10 | % | (452,393 | ) | — | (452,393 | ) | ||||||||||||
| CIT Group † |
1,200 | 66.68 | % | 12/20/13 | 5.00 | % | (408,276 | ) | (318,000 | ) | (90,276 | ) | |||||||||||
| General Electric |
4,100 | 1.93 | % | 12/20/13 | 4.78 | % | 466,085 | — | 466,085 | ||||||||||||||
| General Electric |
8,000 | 1.93 | % | 12/20/13 | 4.82 | % | 923,546 | — | 923,546 | ||||||||||||||
| Home Equity Index |
4,305 | 15.61 | % | 7/25/45 | 0.18 | % | (858,063 | ) | (634,965 | ) | (223,098 | ) | |||||||||||
| SLM |
4,000 | 7.99 | % | 12/20/13 | 5.00 | % | (350,297 | ) | (490,000 | ) | 139,703 | ||||||||||||
| Goldman Sachs: |
|||||||||||||||||||||||
| CIT Group † |
8,000 | 66.68 | % | 12/20/13 | 5.00 | % | (2,721,839 | ) | (1,920,000 | ) | (801,839 | ) | |||||||||||
| Merrill Lynch & Co.: |
|||||||||||||||||||||||
| American Express |
8,000 | 1.27 | % | 12/20/13 | 4.10 | % | 918,343 | — | 918,343 | ||||||||||||||
| SLM |
8,000 | 7.99 | % | 12/20/13 | 5.00 | % | (700,594 | ) | (980,000 | ) | 279,406 | ||||||||||||
| $ | (4,549,447 | ) | $ | (5,446,465 | ) | $ | 897,018 | ||||||||||||||||
(1) If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities compromising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities compromising the referenced index.
(2) If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities compromising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities compromising the referenced index.
(3) Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.
(4) The maximum potential amount the Fund could be required to make as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.
(5) The quoted market prices and resulting values for credit default swap agreements serve as an indicator of the status at October 31, 2009 of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement been closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.
† Issuer filed for bankruptcy on November 1, 2009.
| (B) | Forward foreign currency contracts outstanding at October 31, 2009: |
| Counterparty |
U.S.$ Value on Origination Date |
U.S.$ Value October 31, 2009 |
Unrealized Appreciation (Depreciation) |
|||||||||
| Sold: |
||||||||||||
| 2,307,000 Australian Dollar settling 11/5/09 |
Royal Bank of Scotland PLC | $ | 2,005,175 | $ | 2,084,216 | $ | (79,041 | ) | ||||
| 3,183,000 British Pound settling 1/27/10 |
Royal Bank of Scotland PLC | 5,203,282 | 5,244,317 | (41,035 | ) | |||||||
| 800,000 Canadian Dollar settling 12/10/09 |
JPMorgan Chase & Co. | 750,124 | 742,669 | 7,455 | ||||||||
| 3,760,000 Euro settling 12/8/09 |
Morgan Stanley | 5,493,360 | 5,547,164 | (53,804 | ) | |||||||
| $ | (166,425 | ) | ||||||||||
The Fund received $4,130,000 in cash as collateral for derivative contracts and delayed-delivery securities. Cash collateral received may be invested in accordance with the Fund's investment strategy.
| (C) | Open reverse repurchase agreements at October 31, 2009: |
| Counterparty |
Rate |
Trade Date |
Maturity Date |
Principal & Interest |
Principal | ||||||||
| Bank of America |
1.00 | % | 10/9/09 | 11/9/09 | $ | 24,875,573 | $ | 24,859,000 | |||||
| Barclays Bank |
0.15 | % | 10/26/09 | 11/12/09 | 29,000,846 | 29,000,000 | |||||||
| 0.16 | % | 10/14/09 | 11/12/09 | 200,944,967 | 200,928,000 | ||||||||
| 0.16 | % | 10/21/09 | 11/12/09 | 14,685,783 | 14,685,000 | ||||||||
| 0.16 | % | 10/28/09 | 11/12/09 | 5,400,120 | 5,400,000 | ||||||||
| 0.16 | % | 10/30/09 | 11/12/09 | 12,681,169 | 12,681,000 | ||||||||
| 0.23 | % | 10/14/09 | 11/12/09 | 95,298,567 | 95,287,000 | ||||||||
| 0.55 | % | 10/23/09 | 11/24/09 | 10,687,210 | 10,685,578 | ||||||||
| 0.65 | % | 10/5/09 | 11/9/09 | 44,830,653 | 44,808,000 | ||||||||
| 1.50 | % | 10/5/09 | 11/9/09 | 5,209,070 | 5,203,000 | ||||||||
| Credit Suisse First Boston |
0.65 | % | 10/5/09 | 11/2/09 | 17,489,838 | 17,481,000 | |||||||
| $ | 461,017,578 | ||||||||||||
The weighted average daily balance of reverse repurchase agreements outstanding during the nine months ended October 31, 2009 was $348,743,405 at a weighted average interest rate of 0.55%. The total market value of underlying collateral (refer to the Schedule of Investments for positions segregated as collateral for reverse repurchase agreements) for open reverse repurchase agreements at October 31, 2009 was $495,206,276.
The Fund received $5,170,000 in principal value of U.S. government agency securities and $250,000 in cash as collateral for reverse repurchase agreements. Cash collateral received may be invested in accordance with the Fund’s investment strategy. Collateral received as securities cannot be pledged.
Fair Value Measurements—Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e. the “exit price”) in an orderly transaction between market participants. The three levels of the fair value hierarchy are described below:
| • | Level 1—quoted prices in active markets for identical investments that the Fund has the ability to access |
| • | Level 2—valuations based on other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) or quotes from inactive exchanges |
| • | Level 3—valuations based on significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) |
An investment asset's or liability’s level within the fair value hierarchy is based on the lowest level input, individually or in the aggregate, that is significant to fair value measurement. The objective of fair value measurement remains the same even when there is a significant decrease in the volume and level of activity for an asset or liability and regardless of the valuation technique used.
The valuation techniques used by the Fund to measure fair value during the nine months ended October 31, 2009 maximized the use of observable inputs and minimized the use of unobservable inputs. When fair valuing securities, the Fund utilitized the option adjusted spread pricing techniques.
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
A summary of the inputs used at October 31, 2009 in valuing the Fund's assets and liabilities is listed below:
| Level 1— Quoted Prices |
Level 2— Other Significant Observable Inputs |
Level 3— Significant Unobservable Inputs |
Value at 10/31/09 |
||||||||||
| Investments in Securities—Assets |
|||||||||||||
| U.S. Government Agency Securities |
— | $ | 581,611,758 | $ | 3,492,946 | $ | 585,104,704 | ||||||
| Corporate Bonds & Notes |
— | 188,226,884 | — | 188,226,884 | |||||||||
| Mortgaged-Backed Securities |
— | 106,554,971 | — | 106,554,971 | |||||||||
| U.S. Treasury Bonds and Notes |
— | 55,564,326 | — | 55,564,326 | |||||||||
| Asset-Backed Securities |
— | 5,535,591 | 725,220 | 6,260,811 | |||||||||
| Senior Loans |
— | 4,530,196 | — | 4,530,196 | |||||||||
| Municipal Bonds |
— | 1,462,750 | — | 1,462,750 | |||||||||
| Short-Term Investments |
— | 26,816,998 | — | 26,816,998 | |||||||||
| Total Investments in Securities—Assets |
— | $ | 970,303,474 | $ | 4,218,166 | $ | 974,521,640 | ||||||
| Other Financial Instruments* |
— | $ | (267,348 | ) | — | $ | (267,348 | ) | |||||
| Total Investments in Securities |
— | $ | 970,036,126 | $ | 4,218,166 | $ | 974,254,292 | ||||||
A roll forward of fair value measurements using significant unobservable inputs (Level 3) for the nine months ended October 31, 2009, was as follows:
| Beginning Balance 1/31/09 |
Net Purchases (Sales) and Settlements |
Accrued Discounts |
Total Realized Gain |
Total Change in Unrealized Appreciation/ Depreciation |
Transfers in and/or out of Level 3 |
Ending Balance 10/31/09 | ||||||||||||||
| Investments in Securities—Assets |
||||||||||||||||||||
| U.S. Government Agency Securities |
$ | 181,764 | $ | 3,245,808 | $ | 492 | $ | 101 | $ | 64,781 | — | $ | 3,492,946 | |||||||
| Asset-Backed Securities |
— | 698,385 | — | — | 26,835 | — | 725,220 | |||||||||||||
| Total Investments in Securities |
$ | 181,764 | $ | 3,944,193 | $ | 492 | $ | 101 | $ | 91,616 | — | $ | 4,218,166 | |||||||
| * | Other Financial Instruments are derivative instruments not reflected in the Schedule of Investments, such as swap agreements and forward foreign currency contracts, which are valued at the unrealized appreciation (depreciation) of the instrument. |
The net change in unrealized appreciation/depreciation of investments, which the Fund held at October 31, 2009 was $91,762.
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 18, 2009
| .By: |
/s/ Lawrence G. Altadonna | |
| Treasurer, Principal Financial & Accounting Officer | ||
Date: December 18, 2009
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 18, 2009
| By: | /s/ Lawrence G. Altadonna | |
| Treasurer, Principal Financial & Accounting Officer | ||
Date: December 18, 2009