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, 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, New York		10105
(Address of principal executive offices)		(Zip code)

Lawrence G. Altadonna – 1345 Avenue of the Americas, New York, New York 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, 2011

Date of reporting period: April 30, 2010

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, 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 April 30, 2010 (unaudited)
Principal Amount (000s)				Credit Rating (Moody’s/S&P)	Value*


	U.S. GOVERNMENT AGENCY SECURITIES—164.0%
			Fannie Mae—113.7%
$	29		2.45%, 4/1/30, FRN, MBS (l)	Aaa/AAA	$	29,984
	147		2.65%, 3/1/32, FRN, MBS (l)	Aaa/AAA		153,317
	10		2.665%, 2/1/32, FRN, MBS	Aaa/AAA		10,117
	119		2.972%, 12/1/25, FRN, MBS (l)	Aaa/AAA		124,651
	87		3.00%, 3/1/31, FRN, MBS (l)	Aaa/AAA		91,681
	8		3.025%, 10/1/31, FRN, MBS	Aaa/AAA		8,282
	96		3.099%, 12/1/28, FRN, MBS (l)	Aaa/AAA		100,489
	21		3.117%, 9/1/28, FRN, MBS	Aaa/AAA		22,533
	75		3.153%, 11/1/27, FRN, MBS (l)	Aaa/AAA		78,411
	51		3.39%, 2/1/27, FRN, MBS (l)	Aaa/AAA		52,687
	416		4.25%, 11/25/24, CMO (l)	Aaa/AAA		411,907
	21		4.25%, 3/25/33, CMO	Aaa/AAA		22,322
	68,000		4.50%, MBS, TBA (e)	Aaa/AAA		68,563,108
	28		5.00%, 5/25/16, CMO (l)	Aaa/AAA		28,341
	16		5.00%, 12/1/18, MBS	Aaa/AAA		17,520
	40,000		5.00%, MBS, TBA (e)	Aaa/AAA		41,250,000
	91		5.50%, 8/25/14, CMO (l)	Aaa/AAA		96,274
	30		5.50%, 12/25/16, CMO (l)	Aaa/AAA		31,672
	125		5.50%, 7/25/24, CMO (l)	Aaa/AAA		134,079
	143		5.50%, 4/1/32, MBS (l)	Aaa/AAA		151,788
	32		5.50%, 12/25/32, CMO (l)	Aaa/AAA		32,451
	887		5.50%, 12/25/34, CMO (l)	Aaa/AAA		951,098
	1,370		5.50%, 4/25/35, CMO (l)	Aaa/AAA		1,470,351
	10,952		5.50%, 9/1/36, MBS	Aaa/AAA		11,628,386
	50,000		5.50%, 4/1/37, MBS (e)	Aaa/AAA		53,086,457
	29,000		5.50%, MBS, TBA (e)	Aaa/AAA		30,554,226
	100		5.75%, 6/25/33, CMO (l)	Aaa/AAA		108,103
	2,500		5.807%, 8/25/43, CMO (l)	Aaa/AAA		2,672,386
	65		6.00%, 2/25/17, CMO (l)	Aaa/AAA		69,808
	319		6.00%, 4/25/17, CMO (l)	Aaa/AAA		346,223
	2,457		6.00%, 12/1/32, MBS (l)	Aaa/AAA		2,663,358
	1,745		6.00%, 1/1/33, MBS (l)	Aaa/AAA		1,891,565
	556		6.00%, 2/1/33, MBS (l)	Aaa/AAA		602,490
	4,902		6.00%, 4/1/35, MBS (l)	Aaa/AAA		5,313,044
	7,318		6.00%, 1/1/36, MBS (l)	Aaa/AAA		7,830,595
	1,761		6.00%, 10/1/36, MBS (l)	Aaa/AAA		1,909,623
	11,753		6.00%, 9/1/37, MBS (e)	Aaa/AAA		12,546,872
	17,820		6.00%, 4/1/40 (e)(g)	Aaa/AAA		19,085,984
	6,788		6.00%, 1/25/44, CMO (l)	Aaa/AAA		7,373,854
	58,000		6.00%, MBS, TBA (e)	Aaa/AAA		61,924,048
	32		6.50%, 5/1/13, MBS (l)	Aaa/AAA		34,844
	25		6.50%, 10/1/13, MBS (l)	Aaa/AAA		27,370
	198		6.50%, 2/1/14, MBS (l)	Aaa/AAA		213,682
	159		6.50%, 10/1/18, MBS (l)	Aaa/AAA		172,363
	142		6.50%, 9/1/19, MBS (l)	Aaa/AAA		154,164
	302		6.50%, 1/1/20, MBS (l)	Aaa/AAA		324,886
	256		6.50%, 6/25/23, CMO (l)	Aaa/AAA		277,176
	2		6.50%, 12/1/23, MBS	Aaa/AAA		2,057
	—	(h)	6.50%, 3/1/24, MBS	Aaa/AAA		174
	35		6.50%, 4/1/27, MBS (l)	Aaa/AAA		38,158

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)			Credit Rating (Moody’s/S&P)	Value*
		Fannie Mae (continued)
$	235	6.50%, 11/18/27, CMO (l)	Aaa/AAA	$	260,532
	12	6.50%, 1/1/28, MBS	Aaa/AAA		13,081
	608	6.50%, 2/1/28, MBS (l)	Aaa/AAA		664,816
	54	6.50%, 4/1/28, MBS (l)	Aaa/AAA		59,486
	124	6.50%, 9/1/28, MBS (l)	Aaa/AAA		136,281
	749	6.50%, 11/1/28, MBS (l)	Aaa/AAA		825,225
	94	6.50%, 1/1/29, MBS (l)	Aaa/AAA		103,355
	41	6.50%, 2/1/29, MBS (l)	Aaa/AAA		45,394
	543	6.50%, 3/1/29, MBS (l)	Aaa/AAA		598,442
	79	6.50%, 4/1/29, MBS (l)	Aaa/AAA		86,839
	25	6.50%, 5/1/29, MBS (l)	Aaa/AAA		27,280
	68	6.50%, 6/1/29, MBS (l)	Aaa/AAA		74,998
	873	6.50%, 7/1/29, MBS (l)	Aaa/AAA		961,911
	18	6.50%, 8/1/29, MBS	Aaa/AAA		19,611
	5	6.50%, 9/1/29, MBS	Aaa/AAA		5,339
	8	6.50%, 12/1/29, MBS	Aaa/AAA		9,094
	208	6.50%, 4/1/31, MBS (l)	Aaa/AAA		227,425
	180	6.50%, 5/1/31, MBS (l)	Aaa/AAA		193,980
	156	6.50%, 8/1/31, MBS (l)	Aaa/AAA		168,974
	1,425	6.50%, 9/25/31, CMO (l)	Aaa/AAA		1,570,464
	76	6.50%, 10/1/31, MBS (l)	Aaa/AAA		82,493
	39	6.50%, 11/1/31, MBS (l)	Aaa/AAA		42,248
	2,501	6.50%, 3/25/32, CMO (l)	Aaa/AAA		2,685,621
	49	6.50%, 6/1/32, MBS (l)	Aaa/AAA		52,860
	143	6.50%, 8/1/32, MBS (l)	Aaa/AAA		153,924
	77	6.50%, 9/1/32, MBS (l)	Aaa/AAA		83,793
	481	6.50%, 10/1/32, MBS (l)	Aaa/AAA		530,528
	314	6.50%, 5/1/33, MBS (l)	Aaa/AAA		345,701
	78	6.50%, 6/1/33, MBS (l)	Aaa/AAA		85,323
	150	6.50%, 7/1/33, MBS (l)	Aaa/AAA		165,152
	198	6.50%, 8/1/33, MBS (l)	Aaa/AAA		217,527
	496	6.50%, 9/1/33, MBS (l)	Aaa/AAA		546,340
	1,528	6.50%, 10/1/33, MBS (l)	Aaa/AAA		1,680,327
	1,195	6.50%, 11/1/33, MBS (l)	Aaa/AAA		1,313,056
	189	6.50%, 12/1/33, MBS (l)	Aaa/AAA		207,942
	588	6.50%, 1/1/34, MBS (l)	Aaa/AAA		645,513
	71	6.50%, 2/1/34, MBS (l)	Aaa/AAA		78,040
	31	6.50%, 3/1/34, MBS (l)	Aaa/AAA		33,834
	68	6.50%, 4/1/34, MBS (l)	Aaa/AAA		74,517
	87	6.50%, 5/1/34, MBS (l)	Aaa/AAA		95,372
	918	6.50%, 7/1/34, MBS (l)	Aaa/AAA		1,006,378
	668	6.50%, 8/1/34, MBS (l)	Aaa/AAA		730,622
	718	6.50%, 9/1/34, MBS (l)	Aaa/AAA		785,488
	16	6.50%, 10/1/34, MBS	Aaa/AAA		17,334
	476	6.50%, 11/1/34, MBS (l)	Aaa/AAA		521,364
	312	6.50%, 12/1/34, MBS (l)	Aaa/AAA		341,672
	33	6.50%, 1/1/35, MBS (l)	Aaa/AAA		35,788
	213	6.50%, 2/1/35, MBS (l)	Aaa/AAA		233,838
	140	6.50%, 4/1/35, MBS (l)	Aaa/AAA		153,480
	61	6.50%, 7/1/35, MBS (l)	Aaa/AAA		66,612
	238	6.50%, 10/1/35, MBS (l)	Aaa/AAA		260,757

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)		Credit Rating (Moody’s/S&P)	Value*
	Fannie Mae (continued)
$1,188	6.50%, 6/1/36, MBS (l)	Aaa/AAA	$1,308,860
4,333	6.50%, 12/1/36, MBS (l)	Aaa/AAA	4,695,695
396	6.50%, 4/1/37, MBS (l)	Aaa/AAA	428,514
3,035	6.50%, 2/1/38, MBS (l)	Aaa/AAA	3,284,540
1,468	6.50%, 7/1/39, MBS (l)	Aaa/AAA	1,588,132
1,296	6.50%, 12/25/41, CMO (l)	Aaa/AAA	1,418,595
3,643	6.50%, 7/25/42, CMO (l)	Aaa/AAA	3,986,205
320	6.50%, 8/25/42, CMO (l)	Aaa/AAA	349,741
4,081	6.50%, 9/25/42, CMO (l)	Aaa/AAA	4,468,466
52	6.50%, 10/25/42, CMO (l)	Aaa/AAA	56,589
84	6.50%, 12/25/42, CMO (l)	Aaa/AAA	92,253
1,620	6.50%, 6/25/44, CMO (l)	Aaa/AAA	1,772,075
295	6.50%, 11/1/47, MBS (l)	Aaa/AAA	317,886
66	6.85%, 12/18/27, CMO (l)	Aaa/AAA	73,518
132	7.00%, 7/18/12, CMO (l)	Aaa/AAA	136,380
80	7.00%, 1/1/13, MBS (l)	Aaa/AAA	82,802
22	7.00%, 2/1/15, MBS	Aaa/AAA	23,724
238	7.00%, 3/1/16, MBS (l)	Aaa/AAA	264,498
110	7.00%, 5/1/16, MBS (l)	Aaa/AAA	120,735
111	7.00%, 11/1/16, MBS (l)	Aaa/AAA	116,574
409	7.00%, 5/1/17, MBS (l)	Aaa/AAA	448,102
104	7.00%, 11/1/17, MBS (l)	Aaa/AAA	112,704
718	7.00%, 7/1/21, MBS (l)	Aaa/AAA	774,520
131	7.00%, 11/1/24, MBS (l)	Aaa/AAA	145,622
11	7.00%, 10/1/25, MBS	Aaa/AAA	12,213
51	7.00%, 6/18/27, CMO (l)	Aaa/AAA	56,685
6	7.00%, 9/1/27, MBS	Aaa/AAA	6,801
11	7.00%, 11/1/27, MBS	Aaa/AAA	12,065
36	7.00%, 12/1/27, MBS (l)	Aaa/AAA	40,587
7	7.00%, 5/1/28, MBS	Aaa/AAA	7,540
24	7.00%, 6/1/28, MBS (l)	Aaa/AAA	27,321
53	7.00%, 2/1/29, MBS (l)	Aaa/AAA	59,241
152	7.00%, 3/1/29, MBS (l)	Aaa/AAA	169,921
143	7.00%, 4/1/29, MBS (l)	Aaa/AAA	159,354
77	7.00%, 5/1/29, MBS (l)	Aaa/AAA	86,212
57	7.00%, 6/1/29, MBS (l)	Aaa/AAA	63,390
31	7.00%, 7/1/29, MBS (l)	Aaa/AAA	35,021
92	7.00%, 9/1/29, MBS (l)	Aaa/AAA	103,390
33	7.00%, 10/1/29, MBS	Aaa/AAA	36,651
1	7.00%, 11/1/29, MBS	Aaa/AAA	947
15	7.00%, 3/1/30, MBS	Aaa/AAA	16,820
6,332	7.00%, 4/1/30, MBS (l)	Aaa/AAA	7,074,786
139	7.00%, 5/1/30, MBS (l)	Aaa/AAA	155,404
16	7.00%, 4/1/31, MBS	Aaa/AAA	17,350
12	7.00%, 6/1/31, MBS	Aaa/AAA	12,929
43	7.00%, 7/1/31, MBS	Aaa/AAA	47,904
110	7.00%, 8/1/31, MBS (l)	Aaa/AAA	123,232
111	7.00%, 9/1/31, MBS (l)	Aaa/AAA	124,527
15	7.00%, 11/1/31, MBS	Aaa/AAA	16,869
174	7.00%, 12/1/31, MBS (l)	Aaa/AAA	194,512
73	7.00%, 1/1/32, MBS (l)	Aaa/AAA	78,453

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)			Credit Rating (Moody’s/S&P)	Value*
		Fannie Mae (continued)
$	171	7.00%, 2/1/32, MBS (l)	Aaa/AAA	$	191,752
	56	7.00%, 4/1/32, MBS (l)	Aaa/AAA		62,903
	159	7.00%, 5/1/32, MBS (l)	Aaa/AAA		178,411
	167	7.00%, 6/1/32, MBS (l)	Aaa/AAA		187,879
	68	7.00%, 7/1/32, MBS (l)	Aaa/AAA		76,128
	29	7.00%, 8/1/32, MBS	Aaa/AAA		32,796
	403	7.00%, 9/25/32, CMO (l)	Aaa/AAA		449,666
	271	7.00%, 9/1/33, MBS (l)	Aaa/AAA		299,527
	359	7.00%, 11/1/33, MBS (l)	Aaa/AAA		399,080
	650	7.00%, 1/1/34, MBS (l)	Aaa/AAA		716,857
	172	7.00%, 7/1/34, MBS (l)	Aaa/AAA		187,584
	144	7.00%, 2/25/35, CMO (l)	Aaa/AAA		156,202
	170	7.00%, 3/1/35, MBS (l)	Aaa/AAA		189,072
	3,248	7.00%, 7/1/36, MBS (l)	Aaa/AAA		3,562,904
	1,737	7.00%, 9/25/41, CMO, VRN (l)	Aaa/AAA		1,955,171
	215	7.00%, 10/25/41, CMO (l)	Aaa/AAA		238,928
	84	7.00%, 7/25/42, CMO (l)	Aaa/AAA		92,986
	445	7.00%, 11/25/43, CMO (l)	Aaa/AAA		498,556
	418	7.00%, 2/25/44, CMO (l)	Aaa/AAA		469,861
	2,658	7.00%, 3/25/45, CMO (l)	Aaa/AAA		2,962,922
	460	7.00%, 12/1/46, MBS (l)	Aaa/AAA		504,264
	385	7.00%, 1/1/47, MBS (l)	Aaa/AAA		422,521
	654	7.50%, 6/1/17, MBS (l)	Aaa/AAA		714,881
	56	7.50%, 12/1/17, MBS (l)	Aaa/AAA		62,758
	495	7.50%, 5/1/22, MBS (l)	Aaa/AAA		560,374
	67	7.50%, 10/25/22, CMO (l)	Aaa/AAA		73,607
	773	7.50%, 4/1/24, MBS (l)	Aaa/AAA		865,194
	224	7.50%, 6/19/30, CMO, VRN (l)	Aaa/AAA		253,729
	222	7.50%, 6/25/30, CMO (l)	Aaa/AAA		253,183
	47	7.50%, 7/1/31, MBS (l)	Aaa/AAA		53,705
	159	7.50%, 5/1/32, MBS (l)	Aaa/AAA		179,942
	334	7.50%, 9/1/35, MBS (l)	Aaa/AAA		378,050
	90	7.50%, 9/1/37, MBS (l)	Aaa/AAA		99,465
	1,281	7.50%, 7/25/41, CMO (l)	Aaa/AAA		1,457,987
	1,420	7.50%, 2/25/42, CMO, VRN (l)	Aaa/AAA		1,616,712
	81	7.50%, 7/25/42, CMO (l)	Aaa/AAA		91,424
	8	7.50%, 8/25/42, CMO	Aaa/AAA		9,618
	1,235	7.50%, 10/25/42, CMO (l)	Aaa/AAA		1,409,375
	765	7.50%, 3/25/44, CMO (l)	Aaa/AAA		871,235
	2,961	7.50%, 6/25/44, CMO (l)	Aaa/AAA		3,353,853
	100	7.70%, 3/25/23, CMO (l)	Aaa/AAA		113,462
	235	7.815%, 12/1/30, FRN, MBS (l)	Aaa/AAA		242,551
	9	8.00%, 4/1/19, MBS	Aaa/AAA		10,179
	381	8.00%, 9/25/21, CMO (l)	Aaa/AAA		426,938
	3	8.00%, 1/1/22, MBS	Aaa/AAA		3,495
	4	8.00%, 12/1/22, MBS	Aaa/AAA		4,688
	7	8.00%, 6/1/24, MBS	Aaa/AAA		8,338
	308	8.00%, 9/1/24, MBS (l)	Aaa/AAA		352,320
	2	8.00%, 12/1/24, MBS	Aaa/AAA		1,764
	3	8.00%, 9/1/27, MBS	Aaa/AAA		2,943

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)			Credit Rating (Moody’s/S&P)	Value*



		Fannie Mae (continued)
$	21	8.00%, 4/1/30, MBS	Aaa/AAA	$	24,844
	93	8.00%, 5/1/30, MBS (l)	Aaa/AAA		108,157
	2	8.00%, 6/1/30, MBS	Aaa/AAA		1,999
	64	8.00%, 7/1/30, MBS (l)	Aaa/AAA		73,851
	1,928	8.00%, 7/19/30, CMO, VRN (l)	Aaa/AAA		2,183,942
	44	8.00%, 8/1/30, MBS (l)	Aaa/AAA		50,685
	1	8.00%, 9/1/30, MBS	Aaa/AAA		1,273
	1	8.00%, 10/1/30, MBS	Aaa/AAA		1,433
	17	8.00%, 1/1/31, MBS	Aaa/AAA		19,631
	13	8.00%, 3/1/31, MBS	Aaa/AAA		14,513
	119	8.00%, 5/1/31, MBS (l)	Aaa/AAA		138,001
	459	8.00%, 7/1/31, MBS (l)	Aaa/AAA		529,714
	34	8.00%, 8/1/31, MBS	Aaa/AAA		38,967
	352	8.00%, 10/1/31, MBS (l)	Aaa/AAA		407,588
	69	8.00%, 11/1/31, MBS (l)	Aaa/AAA		80,185
	37	8.00%, 1/1/32, MBS (l)	Aaa/AAA		42,454
	97	8.00%, 5/1/32, MBS (l)	Aaa/AAA		112,277
	12	8.00%, 6/1/32, MBS	Aaa/AAA		14,033
	111	8.00%, 1/1/35, MBS (l)	Aaa/AAA		122,447
	46	8.50%, 4/1/16, MBS (l)	Aaa/AAA		50,983
	656	8.50%, 9/25/21, CMO (l)	Aaa/AAA		738,574
	590	8.50%, 10/25/21, CMO (l)	Aaa/AAA		664,934
	410	8.50%, 12/25/21, CMO (l)	Aaa/AAA		455,008
	1,460	8.50%, 6/18/27, CMO (l)	Aaa/AAA		1,644,808
	205	8.50%, 6/25/30, CMO (l)	Aaa/AAA		234,496
	421	8.50%, 6/1/36, MBS (l)	Aaa/AAA		463,696
	1,014	9.414%, 5/15/21, MBS (l)	Aaa/AAA		1,155,330
	318	10.054%, 7/15/27, MBS (l)	Aaa/AAA		355,677
	15	10.30%, 4/25/19, CMO	Aaa/AAA		14,922

					425,869,947

		Federal Housing Administration—0.9%
	3,278	7.25%, 8/1/31 (g)	Aaa/AAA		3,253,801
	168	7.43%, 6/1/24 (g)	Aaa/AAA		168,313

					3,422,114

		Freddie Mac—27.2%
	11	2.699%, 12/1/26, FRN, MBS	Aaa/AAA		11,100
	9	2.863%, 4/1/33, FRN, MBS	Aaa/AAA		9,386
	76	3.20%, 9/1/31, FRN, MBS (l)	Aaa/AAA		79,231
	117	5.00%, 10/15/16, CMO (l)	Aaa/AAA		121,069
	131	5.00%, 11/15/16, CMO (l)	Aaa/AAA		134,816
	58	5.00%, 2/15/24, CMO (l)	Aaa/AAA		62,239
	72	6.00%, 10/15/12, CMO (l)	Aaa/AAA		74,763
	288	6.00%, 9/15/16, CMO (l)	Aaa/AAA		309,168
	2,962	6.00%, 12/15/16, CMO (l)	Aaa/AAA		3,199,181
	40	6.00%, 3/15/17, CMO (l)	Aaa/AAA		43,252
	1,132	6.00%, 4/1/17, MBS (l)	Aaa/AAA		1,223,502
	944	6.00%, 12/15/28, CMO (l)	Aaa/AAA		1,029,363
	8	6.00%, 2/1/33, MBS	Aaa/AAA		8,227
	1,886	6.00%, 3/1/33, MBS (l)	Aaa/AAA		2,022,676
	54	6.00%, 2/1/34, MBS (l)	Aaa/AAA		58,494
	122	6.00%, 3/15/35, CMO (l)	Aaa/AAA		135,725

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)			Credit Rating (Moody’s/S&P)	Value*


		Freddie Mac (continued)
$	1,221	6.50%, 11/1/16, MBS (l)	Aaa/AAA	$	1,316,341
	139	6.50%, 4/15/18, CMO (l)	Aaa/AAA		141,152
	20	6.50%, 8/1/21, MBS	Aaa/AAA		22,485
	178	6.50%, 9/15/23, CMO (l)	Aaa/AAA		194,038
	2,879	6.50%, 10/15/23, CMO (l)	Aaa/AAA		3,069,482
	73	6.50%, 12/15/23, CMO (l)	Aaa/AAA		79,143
	9	6.50%, 6/1/29, MBS	Aaa/AAA		9,734
	11,747	6.50%, 6/15/31, CMO (l)	Aaa/AAA		12,739,057
	100	6.50%, 12/15/31, CMO (l)	Aaa/AAA		107,195
	1,139	6.50%, 6/15/32, CMO (l)	Aaa/AAA		1,235,787
	5,905	6.50%, 7/15/32, CMO (l)	Aaa/AAA		6,466,996
	113	6.50%, 8/1/34, MBS (l)	Aaa/AAA		122,598
	2,461	6.50%, 7/1/37, MBS (l)	Aaa/AAA		2,649,115
	121	6.50%, 2/25/43, CMO (l)	Aaa/AAA		132,851
	113	6.50%, 9/25/43, CMO, VRN (l)	Aaa/AAA		122,346
	659	6.50%, 10/25/43, CMO (l)	Aaa/AAA		723,476
	5,566	6.50%, 3/25/44, CMO (l)	Aaa/AAA		6,111,476
	491	6.50%, 9/1/47, MBS (l)	Aaa/AAA		529,979
	1,166	6.50%, 9/1/48, MBS (l)	Aaa/AAA		1,247,558
	119	6.50%, 10/1/48, MBS (l)	Aaa/AAA		128,190
	1,613	6.90%, 9/15/23, CMO (l)	Aaa/AAA		1,722,940
	785	6.95%, 7/15/21, CMO (l)	Aaa/AAA		870,787
	1,048	6.965%, 7/25/32, CMO, VRN (l)	Aaa/AAA		1,168,350
	519	7.00%, 9/1/11, MBS (l)	Aaa/AAA		540,064
	7	7.00%, 3/1/12, MBS	Aaa/AAA		7,527
	48	7.00%, 7/15/12, CMO (l)	Aaa/AAA		47,929
	122	7.00%, 9/1/12, MBS (l)	Aaa/AAA		128,935
	14	7.00%, 10/1/12, MBS	Aaa/AAA		15,335
	16	7.00%, 11/1/12, MBS	Aaa/AAA		17,455
	15	7.00%, 12/1/12, MBS	Aaa/AAA		16,355
	513	7.00%, 7/1/13, MBS (l)	Aaa/AAA		543,096
	10	7.00%, 1/1/14, MBS	Aaa/AAA		11,046
	425	7.00%, 9/1/14, MBS (l)	Aaa/AAA		458,142
	100	7.00%, 11/1/14, MBS (l)	Aaa/AAA		108,529
	28	7.00%, 7/1/15, MBS	Aaa/AAA		29,929
	10	7.00%, 8/1/15, MBS	Aaa/AAA		10,658
	45	7.00%, 4/1/16, MBS (l)	Aaa/AAA		49,365
	5	7.00%, 6/1/16, MBS	Aaa/AAA		5,094
	43	7.00%, 7/1/16, MBS (l)	Aaa/AAA		46,316
	11	7.00%, 11/1/16, MBS	Aaa/AAA		12,270
	10	7.00%, 3/1/17, MBS	Aaa/AAA		10,511
	806	7.00%, 6/1/17, MBS (l)	Aaa/AAA		860,601
	532	7.00%, 8/1/21, MBS (l)	Aaa/AAA		573,385
	792	7.00%, 9/1/21, MBS (l)	Aaa/AAA		852,966
	569	7.00%, 5/15/23, CMO (l)	Aaa/AAA		592,338
	1,543	7.00%, 1/15/24, CMO (l)	Aaa/AAA		1,671,299
	82	7.00%, 3/15/24, CMO (l)	Aaa/AAA		90,947
	10	7.00%, 7/1/24, MBS	Aaa/AAA		10,927
	757	7.00%, 9/15/25, CMO (l)	Aaa/AAA		837,217
	1,088	7.00%, 7/15/27, CMO (l)	Aaa/AAA		1,223,568

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)				Credit Rating (Moody’s/S&P)	Value*


			Freddie Mac (continued)
$	4,311		7.00%, 3/15/29, CMO (l)	Aaa/AAA	$	4,698,786
	102		7.00%, 3/1/31, MBS (l)	Aaa/AAA		113,916
	1,882		7.00%, 6/15/31, CMO (l)	Aaa/AAA		2,078,744
	776		7.00%, 10/1/31, MBS (l)	Aaa/AAA		868,401
	331		7.00%, 1/1/32, MBS (l)	Aaa/AAA		371,933
	25		7.00%, 3/1/32, MBS (l)	Aaa/AAA		28,668
	56		7.00%, 4/1/32, MBS (l)	Aaa/AAA		62,547
	462		7.00%, 1/1/36, MBS (l)	Aaa/AAA		516,837
	3,699		7.00%, 6/1/36, MBS (l)	Aaa/AAA		4,060,545
	644		7.00%, 7/1/36, MBS (l)	Aaa/AAA		706,450
	4,972		7.00%, 8/1/36, MBS (l)	Aaa/AAA		5,458,594
	2,990		7.00%, 9/1/36, MBS (l)	Aaa/AAA		3,282,773
	1,393		7.00%, 11/1/36, MBS (l)	Aaa/AAA		1,530,175
	846		7.00%, 12/1/36, MBS (l)	Aaa/AAA		928,882
	3,110		7.00%, 1/1/37, MBS (l)	Aaa/AAA		3,414,178
	945		7.00%, 2/25/43, CMO (l)	Aaa/AAA		1,058,081
	399		7.00%, 9/25/43, CMO (l)	Aaa/AAA		444,712
	126		7.00%, 10/25/43, CMO (l)	Aaa/AAA		141,820
	80		7.50%, 1/1/16, MBS (l)	Aaa/AAA		86,137
	1,325		7.50%, 5/15/24, CMO (l)	Aaa/AAA		1,391,749
	346		7.50%, 8/1/24, MBS (l)	Aaa/AAA		394,602
	2		7.50%, 6/1/25, MBS	Aaa/AAA		2,522
	24		7.50%, 12/1/25, MBS	Aaa/AAA		27,431
	7		7.50%, 1/1/26, MBS	Aaa/AAA		8,417
	17		7.50%, 2/1/26, MBS	Aaa/AAA		18,710
	24		7.50%, 3/1/26, MBS	Aaa/AAA		27,850
	35		7.50%, 4/1/26, MBS (l)	Aaa/AAA		40,321
	33		7.50%, 5/1/26, MBS	Aaa/AAA		37,946
	286		7.50%, 6/1/26, MBS (l)	Aaa/AAA		325,704
	199		7.50%, 7/1/26, MBS (l)	Aaa/AAA		226,610
	51		7.50%, 8/1/26, MBS	Aaa/AAA		57,583
	14		7.50%, 11/1/26, MBS	Aaa/AAA		16,092
	530		7.50%, 12/1/26, MBS (l)	Aaa/AAA		601,955
	209		7.50%, 3/15/28, CMO (l)	Aaa/AAA		239,605
	4,118		7.50%, 4/1/28, MBS (l)	Aaa/AAA		4,680,956
	4		7.50%, 2/1/30, MBS	Aaa/AAA		4,685
	15		7.50%, 4/1/30, MBS	Aaa/AAA		17,301
	—	(h)	7.50%, 6/1/30, MBS	Aaa/AAA		89
	10		7.50%, 10/1/30, MBS	Aaa/AAA		12,059
	24		7.50%, 11/1/30, MBS	Aaa/AAA		26,994
	1,192		7.50%, 12/1/30, MBS (l)	Aaa/AAA		1,354,983
	793		7.50%, 5/1/32, MBS (l)	Aaa/AAA		900,624
	249		7.50%, 7/25/32, CMO, VRN (l)	Aaa/AAA		284,096
	28		7.50%, 7/1/33, MBS (l)	Aaa/AAA		31,081
	86		7.50%, 7/1/34, MBS (l)	Aaa/AAA		95,890
	803		7.50%, 3/1/37, MBS (l)	Aaa/AAA		881,570
	76		7.50%, 2/25/42, CMO (l)	Aaa/AAA		86,225
	13		8.00%, 2/15/22, CMO	Aaa/AAA		13,459
	84		8.00%, 8/15/22, CMO (l)	Aaa/AAA		94,317
	42		8.00%, 7/1/24, MBS	Aaa/AAA		48,276

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)			Credit Rating (Moody’s/S&P)	Value*
		Freddie Mac (continued)
$	61	8.00%, 8/1/24, MBS (l)	Aaa/AAA	$	70,222
	726	8.00%, 12/1/26, MBS (l)	Aaa/AAA		833,628
	209	8.00%, 4/15/30, CMO (l)	Aaa/AAA		231,835
	84	8.00%, 11/1/34, MBS (l)	Aaa/AAA		92,590
	230	8.50%, 4/15/22, CMO (l)	Aaa/AAA		257,025
	419	8.50%, 10/1/30, MBS (l)	Aaa/AAA		463,404

					101,955,657

		Ginnie Mae—12.7%
	201	5.50%, 6/20/35, FRN, MBS (l)	Aaa/AAA		211,094
	30	6.00%, 4/15/29, MBS (l)	Aaa/AAA		32,514
	3	6.00%, 8/15/31, MBS	Aaa/AAA		3,104
	84	6.00%, 2/15/36, MBS (l)	Aaa/AAA		90,093
	29	6.00%, 6/15/36, MBS (l)	Aaa/AAA		31,151
	11	6.00%, 7/15/36, MBS	Aaa/AAA		11,419
	39	6.00%, 9/15/36, MBS (l)	Aaa/AAA		42,533
	75	6.00%, 10/15/36, MBS (l)	Aaa/AAA		81,232
	78	6.00%, 12/15/36, MBS (l)	Aaa/AAA		83,604
	17	6.00%, 6/15/37, MBS	Aaa/AAA		18,267
	2,202	6.00%, 7/15/37, MBS (l)	Aaa/AAA		2,366,332
	39	6.00%, 8/15/37, MBS (l)	Aaa/AAA		41,851
	48	6.00%, 11/15/37, MBS (l)	Aaa/AAA		51,671
	83	6.00%, 12/15/37, MBS (l)	Aaa/AAA		89,529
	598	6.00%, 3/15/38, MBS (l)	Aaa/AAA		647,622
	722	6.00%, 9/15/38, MBS (l)	Aaa/AAA		775,279
	1,641	6.00%, 10/15/38, MBS (l)	Aaa/AAA		1,762,828
	4,794	6.00%, 11/15/38, MBS (l)	Aaa/AAA		5,149,571
	36	6.00%, 12/15/38, MBS (l)	Aaa/AAA		38,403
	14,000	6.00%, MBS, TBA (e)	Aaa/AAA		15,015,000
	102	6.50%, 11/20/24, MBS (l)	Aaa/AAA		111,853
	1,642	6.50%, 9/15/28, MBS (l)	Aaa/AAA		1,819,624
	1,932	6.50%, 10/15/31, MBS (l)	Aaa/AAA		2,134,378
	1,404	6.50%, 1/15/32, MBS (l)	Aaa/AAA		1,542,872
	1,773	6.50%, 2/15/32, MBS (l)	Aaa/AAA		1,948,574
	946	6.50%, 4/15/32, MBS (l)	Aaa/AAA		1,039,748
	1,403	6.50%, 5/15/32, MBS (l)	Aaa/AAA		1,541,326
	69	6.50%, 6/20/32, CMO (l)	Aaa/AAA		74,432
	134	6.50%, 9/20/34, MBS (l)	Aaa/AAA		147,143
	632	6.50%, 8/20/38, MBS (l)	Aaa/AAA		676,860
	278	6.50%, 10/20/38, MBS (l)	Aaa/AAA		297,580
	1,148	6.50%, 2/15/39, MBS (l)	Aaa/AAA		1,243,482
	3	7.00%, 4/15/24, MBS	Aaa/AAA		3,605
	28	7.00%, 7/15/25, MBS (l)	Aaa/AAA		30,984
	31	7.00%, 9/15/25, MBS	Aaa/AAA		34,522
	22	7.00%, 11/15/25, MBS	Aaa/AAA		24,381
	11	7.00%, 12/15/25, MBS	Aaa/AAA		11,858
	23	7.00%, 3/15/26, MBS	Aaa/AAA		26,012
	8	7.00%, 4/15/26, MBS	Aaa/AAA		8,584
	2	7.00%, 5/15/26, MBS	Aaa/AAA		2,313
	53	7.00%, 6/15/26, MBS (l)	Aaa/AAA		59,086

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)				Credit Rating (Moody’s/S&P)	Value*
			Ginnie Mae (continued)
$	3,994		7.00%, 3/20/31, CMO (l)	Aaa/AAA	$	4,355,415
	1		7.25%, 7/16/28, CMO	Aaa/AAA		1,444
	6		7.50%, 1/15/17, MBS	Aaa/AAA		6,384
	6		7.50%, 2/15/17, MBS	Aaa/AAA		6,318
	4		7.50%, 3/15/17, MBS	Aaa/AAA		4,493
	3		7.50%, 4/15/17, MBS	Aaa/AAA		3,270
	8		7.50%, 5/15/17, MBS	Aaa/AAA		8,478
	3		7.50%, 7/15/17, MBS	Aaa/AAA		2,750
	1		7.50%, 6/15/23, MBS	Aaa/AAA		923
	11		7.50%, 10/15/25, MBS	Aaa/AAA		12,200
	—	(h)	7.50%, 2/15/26, MBS	Aaa/AAA		450
	143		7.50%, 3/15/26, MBS (l)	Aaa/AAA		161,903
	150		7.50%, 6/20/26, CMO (l)	Aaa/AAA		163,886
	290		7.50%, 9/15/26, MBS (l)	Aaa/AAA		327,148
	10		7.50%, 12/15/26, MBS	Aaa/AAA		11,203
	3		7.50%, 1/15/27, MBS	Aaa/AAA		3,922
	4		7.50%, 2/15/27, MBS	Aaa/AAA		4,684
	69		7.50%, 3/15/27, MBS (l)	Aaa/AAA		78,236
	296		7.50%, 4/15/27, MBS (l)	Aaa/AAA		333,957
	10		7.50%, 5/15/27, MBS	Aaa/AAA		11,434
	114		7.50%, 6/15/27, MBS (l)	Aaa/AAA		127,841
	178		7.50%, 7/15/27, MBS (l)	Aaa/AAA		201,058
	51		7.50%, 8/15/27, MBS (l)	Aaa/AAA		57,532
	60		7.50%, 12/15/27, MBS (l)	Aaa/AAA		67,840
	350		7.50%, 1/15/28, MBS (l)	Aaa/AAA		395,759
	88		7.50%, 2/15/28, MBS (l)	Aaa/AAA		100,276
	167		7.50%, 1/15/29, MBS (l)	Aaa/AAA		188,984
	206		7.50%, 2/15/29, MBS (l)	Aaa/AAA		232,351
	70		7.50%, 3/15/29, MBS (l)	Aaa/AAA		78,700
	4		8.00%, 6/15/16, MBS	Aaa/AAA		4,946
	—	(h)	8.00%, 7/15/16, MBS	Aaa/AAA		206
	10		8.00%, 1/15/17, MBS	Aaa/AAA		11,418
	—	(h)	8.00%, 2/15/17, MBS	Aaa/AAA		469
	12		8.00%, 3/15/17, MBS	Aaa/AAA		13,426
	20		8.00%, 4/15/17, MBS	Aaa/AAA		22,355
	15		8.00%, 5/15/17, MBS	Aaa/AAA		16,237
	8		8.00%, 6/15/17, MBS	Aaa/AAA		9,183
	11		8.00%, 7/15/17, MBS	Aaa/AAA		12,191
	1		8.00%, 1/15/20, MBS	Aaa/AAA		598
	—	(h)	8.00%, 5/15/21, MBS	Aaa/AAA		335
	7		8.00%, 11/15/21, MBS	Aaa/AAA		7,248
	5		8.00%, 12/15/21, MBS	Aaa/AAA		5,479
	9		8.00%, 4/15/22, MBS	Aaa/AAA		9,801
	—	(h)	8.00%, 5/15/22, MBS	Aaa/AAA		567
	7		8.00%, 11/15/22, MBS	Aaa/AAA		7,771
	376		8.00%, 3/20/30, CMO (l)	Aaa/AAA		415,493
	—	(h)	8.50%, 10/15/16, MBS	Aaa/AAA		248
	—	(h)	8.50%, 5/15/22, MBS	Aaa/AAA		233
	1		8.50%, 1/15/23, MBS	Aaa/AAA		1,060

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)			Credit Rating (Moody’s/S&P)	Value*


		Ginnie Mae (continued)
$	8	8.50%, 4/15/23, MBS	Aaa/AAA	$	8,975
	2	8.50%, 8/15/30, MBS	Aaa/AAA		2,213
	12	8.50%, 2/15/31, MBS	Aaa/AAA		13,764
	15	9.00%, 6/15/16, MBS	Aaa/AAA		16,662
	39	9.00%, 11/15/16, MBS (l)	Aaa/AAA		43,369
	55	9.00%, 12/15/16, MBS (l)	Aaa/AAA		60,885
	33	9.00%, 9/15/17, MBS (l)	Aaa/AAA		37,375
	54	9.00%, 12/15/17, MBS (l)	Aaa/AAA		60,526
	63	9.00%, 3/15/18, MBS (l)	Aaa/AAA		71,536
	47	9.00%, 5/15/18, MBS (l)	Aaa/AAA		53,269
	22	9.00%, 6/15/18, MBS	Aaa/AAA		24,465
	221	9.00%, 10/15/19, MBS (l)	Aaa/AAA		251,649
	163	9.00%, 11/15/19, MBS (l)	Aaa/AAA		186,073
	85	9.00%, 1/15/20, MBS (l)	Aaa/AAA		97,506

					47,738,684

		Small Business Administration Participation Certificates—7.6%
	623	4.625%, 2/1/25, ABS	Aaa/AAA		655,652
	564	4.754%, 8/10/14, ABS	Aaa/AAA		593,032
	829	5.038%, 3/10/15, ABS	Aaa/AAA		879,335
	1,644	5.51%, 11/1/27, ABS	Aaa/AAA		1,792,782
	15,654	5.60%, 9/1/28, ABS	Aaa/AAA		17,005,009
	5,563	5.72%, 1/1/29, ABS	Aaa/AAA		6,132,753
	155	5.78%, 8/1/27, ABS	Aaa/AAA		167,490
	158	5.82%, 7/1/27, ABS	Aaa/AAA		174,656
	132	6.30%, 7/1/13	Aaa/AAA		135,916
	362	6.30%, 6/1/18	Aaa/AAA		393,847
	261	6.344%, 8/1/11	Aaa/AAA		273,972
	130	6.40%, 8/1/13	Aaa/AAA		134,470
	51	7.20%, 6/1/17	Aaa/AAA		55,986
	33	7.70%, 7/1/16	Aaa/AAA		36,439

					28,431,339

		Vendee Mortgage Trust—1.9%
	483	6.50%, 3/15/29, CMO (l)	Aaa/AAA		522,681
	97	6.75%, 2/15/26, CMO (l)	Aaa/AAA		106,170
	219	6.75%, 6/15/26, CMO (l)	Aaa/AAA		236,871
	5,864	7.50%, 9/15/30, CMO (l)	Aaa/AAA		6,123,942

					6,989,664

		Total U.S. Government Agency Securities (cost—$599,362,041)			614,407,405

	CORPORATE BONDS & NOTES—50.9%
	Airlines—3.4%
	3,000	American Airlines, Inc., 10.50%, 10/15/12 (a)(d)(l)	B2/B		3,228,750
	1,035	Northwest Airlines, Inc., 1.001%, 5/20/14, FRN (MBIA) (l)	Baa2/BBB-		900,593
		United Air Lines Pass Through Trust (l),
	2,669	6.636%, 1/2/24	Ba1/BB+		2,508,456
	1,000	9.75%, 1/15/17	Ba1/BBB		1,095,312
	4,500	10.40%, 5/1/18	Ba1/BBB		4,882,500

					12,615,611

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)			Credit Rating (Moody’s/S&P)	Value*


	Banking—8.2%
£	1,100	Barclays Bank PLC, 14.00%, 6/15/19 (i)	Baa2/A-	$	2,256,179
$	7,700	Discover Bank, 7.00%, 4/15/20	Ba1/BBB-		7,925,525
	5,900	Rabobank Nederland NV, 11.00%, 6/30/19 (a)(d)(i)(l)	A2/AA-		7,614,086
	12,000	Regions Financial Corp., 7.75%, 11/10/14 (l)	Baa3/BBB-		12,970,752

					30,766,542

	Energy—0.2%
	625	Consol Energy, Inc., 8.25%, 4/1/20 (a)(d)	B1/BB		668,750

	Financial Services—27.8%
		American General Finance Corp.,
	3,100	0.507%, 12/15/11, FRN	B2/B		2,792,288
€	2,200	4.625%, 6/22/11	B2/NR		2,778,739
$	1,800	C10 Capital SPV Ltd., 6.722%, 12/31/16 (i)	NR/B-		1,319,645
		CIT Group, Inc.,
	2,335	7.00%, 5/1/13	NR/NR		2,314,346
	502	7.00%, 5/1/14	NR/NR		485,841
	502	7.00%, 5/1/15	NR/NR		480,191
	837	7.00%, 5/1/16	NR/NR		798,229
	1,172	7.00%, 5/1/17	NR/NR		1,117,522
		Citigroup, Inc. (l),
	9,000	5.00%, 9/15/14	Baa1/A-		9,119,187
	10,000	5.625%, 8/27/12	Baa1/A-		10,535,820
	2,500	Credit Agricole S.A., 6.637%, 5/31/17 (a)(d)(i)(l)	A3/A-		2,131,250
		Ford Motor Credit Co. LLC,
	4,700	7.25%, 10/25/11	B1/B-		4,856,214
	10,000	8.70%, 10/1/14 (l)	B1/B-		10,797,760
£	3,000	General Electric Capital Corp.,
		6.50%, 9/15/67, (converts to FRN on 9/15/17)	Aa3/A+		4,321,026
		GMAC, Inc.,
$	3,000	6.00%, 12/15/11 (l)	B3/B		3,009,465
	1,250	6.625%, 5/15/12 (l)	B3/B		1,263,530
	3,000	6.75%, 12/1/14 (l)	B3/B		3,017,682
	4,000	6.875%, 8/28/12	B3/B		4,071,352
	6,100	8.30%, 2/12/15 (a)(d)(l)	B3/B		6,382,125
	9,763	International Lease Finance Corp., 5.75%, 6/15/11	B1/BB+		9,744,968
	4,000	Merrill Lynch & Co., Inc., 0.763%, 1/15/15, FRN (l)	A2/A		3,758,228
		Morgan Stanley,
	8,000	0.754%, 10/18/16, FRN (l)	A2/A		7,383,288
AUD	2,700	4.55%, 3/1/13, FRN	A2/A		2,417,918
$	1,000	6.625%, 4/1/18 (l)	A2/A		1,061,882
		SLM Corp.,
€	1,000	0.913%, 11/15/11, FRN	Ba1/BBB-		1,263,167
€	1,500	3.125%, 9/17/12	Ba1/BBB-		1,899,736
$	570	4.35%, 2/1/14, FRN (l)	Ba1/BBB-		527,951
€	2,000	4.75%, 3/17/14	Ba1/BBB-		2,542,688
$	1,800	UBS AG, 5.875%, 12/20/17 (l)	Aa3/A+		1,906,866

					104,098,904

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)			Credit Rating (Moody’s/S&P)	Value*
	Healthcare & Hospitals—0.4%
$	1,500	HCA, Inc., 9.00%, 12/15/14 (l)	Caa1/B-	$	1,556,250

	Hotels/Gaming—0.0%
	100	MGM Mirage, 9.00%, 3/15/20 (a)(d)	B1/B		105,500

	Insurance—7.0%
		American International Group, Inc.,
	1,000	0.414%, 10/18/11, FRN (l)	A3/A-		963,995
	13,400	5.85%, 1/16/18 (l)	A3/A-		12,492,271
	9,700	8.25%, 8/15/18 (l)	A3/A-		10,364,595
£	1,750	8.625%, 5/22/68, (converts to FRN on 5/22/18)	Ba2/BBB		2,290,236

					26,111,097

	Oil & Gas—3.6%
		Gaz Capital S.A. for Gazprom,
€	1,000	5.875%, 6/1/15 (a)(d)	Baa1/BBB		1,407,766
$	3,000	8.625%, 4/28/34	Baa1/BBB		3,555,300
	2,000	Morgan Stanley Bank AG for OAO Gazprom, 9.625%, 3/1/13	Baa1/BBB		2,290,000
	1,250	Ras Laffan Liquefied Natural Gas Co., Ltd. III, 6.332%, 9/30/27 (b)	Aa2/A		1,316,501
	5,000	Shell International Finance BV, 5.50%, 3/25/40 (l)	Aa1/AA		5,086,895

					13,656,462

	Retail—0.3%
	997	CVS Pass Through Trust, 7.507%, 1/10/32 (a)(d)(l)	Baa2/BBB+		1,131,740

		Total Corporate Bonds & Notes (cost—$165,450,450)			190,710,856

	MORTGAGE-BACKED SECURITIES—38.2%
	5,000	Bear Stearns Adjustable Rate Mortgage Trust,
		4.090%, 10/25/35, CMO, FRN	NR/BB		4,257,420
	1,003	Bear Stearns Alt-A Trust, 6.25%, 8/25/36, CMO, VRN	Caa2/CCC		590,803
	49	Citigroup Mortgage Loan Trust, Inc., 7.00%, 9/25/33, CMO	Aaa/NR		48,417
		Countrywide Alternative Loan Trust, CMO,
	1,830	6.25%, 8/25/37	Caa1/CC		1,081,646
	2,453	6.50%, 7/25/35	Ca/CCC		1,372,198
		Countrywide Home Loan Mortgage Pass Through Trust, CMO,
	1,517	4.290%, 8/25/34, FRN	A1/AA		1,001,065
	4,326	7.50%, 11/25/34 (a)(d)	Baa1/NR		4,175,150
	806	7.50%, 6/25/35 (a)(d)	B1/AAA		756,988
		Credit Suisse First Boston Mortgage Securities Corp., CMO,
	630	1.413%, 3/25/34, FRN	Aa2/AA+		540,766
	1,351	7.00%, 2/25/34	Aa2/AAA		1,400,215
		Credit Suisse Mortgage Capital Certificates, CMO,
	6,000	0.424%, 10/15/21, FRN (a)(d)	Aa1/AAA		5,202,486
	2,306	5.695%, 9/15/40, VRN	NR/A-		2,199,197
€	2,878	DECO Series, 0.805%, 10/27/20, CMO, FRN	Aaa/AAA		3,118,223
$	6,480	Deutsche Mortgage Securities, Inc., 5.00%, 6/26/35, CMO, VRN (a)(d)	A3/AAA		4,126,559
€	147	EMF-NL, 1.544%, 10/17/39, CMO, FRN (g)	NR/AAA		187,805
$	777	GMAC Mortgage Corp. Loan Trust, 5.212%, 8/19/34, CMO, FRN	Aa2/AAA		392,700
	3,896	GSAA Trust, 6.00%, 4/1/34, CMO	Aa1/AAA		3,793,575
		GSMPS Mortgage Loan Trust, CMO (a)(d),
	4,961	7.00%, 6/25/43	NR/NR		4,764,998
	125	7.50%, 6/19/27, VRN	NR/NR		120,364
	1,829	8.00%, 9/19/27, VRN	NR/NR		1,842,144

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)			Credit Rating (Moody’s/S&P)	Value*


		GSR Mortgage Loan Trust, CMO,
$	1,203	0.593%, 12/25/34, FRN	Aa2/AAA	$	1,025,135
	610	0.603%, 12/25/34, FRN	Aa1/NR		477,094
	8,584	5.208%, 11/25/35, VRN	NR/BB+		8,352,968
	5,000	5.50%, 11/25/35	NR/B-		3,045,582
	2,240	6.50%, 1/25/34	NR/AAA		2,267,235
		Harborview Mortgage Loan Trust, CMO,
	3,513	0.626%, 10/19/33, FRN	Aaa/AAA		3,121,803
	3,564	6.037%, 6/19/36, VRN	Caa3/CC		2,250,462
		JPMorgan Chase Commercial Mortgage Securities Corp., CMO (a)(d),
	5,000	0.704%, 7/15/19, FRN	Aa2/NR		3,822,496
	4,000	5.653%, 3/18/51, VRN (g)	Aa3/NR		3,153,247
	5,672	JPMorgan Mortgage Trust, 4.964%, 10/25/36, CMO, VRN	Caa1/NR		4,855,946
	4,791	Luminent Mortgage Trust, 0.433%, 12/25/36, CMO, FRN	B2/B+		2,744,744
	2,060	MASTR Adjustable Rate Mortgage Trust, 3.326%, 10/25/34, CMO, VRN	NR/A		1,752,241
		MASTR Alternative Loans Trust, CMO,
	1,570	6.50%, 3/25/34	Aaa/AAA		1,590,638
	141	7.00%, 4/25/34	Aaa/AAA		133,714
		MASTR Reperforming Loan Trust, CMO (a)(d),
	3,310	7.00%, 5/25/35	Ba3/AAA		3,163,513
	5,019	7.50%, 7/25/35	Ba3/AAA		4,413,404
		Nomura Asset Acceptance Corp., CMO (a)(d),
	2,774	7.00%, 10/25/34	A1/AAA		2,661,224
	3,893	7.50%, 3/25/34	Aa3/AAA		3,881,531
	8,322	7.50%, 10/25/34	A1/AAA		8,114,902
		Residential Accredit Loans, Inc., CMO,
	4,093	0.443%, 6/25/46, FRN	Caa1/CCC		1,853,909
	4,876	6.00%, 8/25/35	NR/CCC		3,847,666
		Residential Asset Mortgage Products, Inc., CMO,
	110	6.50%, 11/25/31	NR/A+		107,181
	1,043	7.00%, 8/25/16	NR/B+		1,037,031
	1,247	8.50%, 10/25/31	Aa2/BB		1,245,038
	1,776	8.50%, 11/25/31	NR/CCC		1,642,617
	2,270	Sequoia Mortgage Trust, 0.456%, 7/20/36, CMO, FRN	B1/BBB+		1,899,289
	651	Structured Adjustable Rate Mortgage Loan Trust,
		2.686%, 3/25/34, CMO, VRN	Aa2/AAA		639,250
	6,470	Structured Asset Mortgage Investments,
		Inc., 1.963%, 8/25/47, CMO, FRN	B2/CCC		3,998,919
	6,031	Structured Asset Securities Corp., 7.50%, 10/25/36, CMO (a)(d)	B3/AAA		5,767,318
	5,000	Wachovia Bank Commercial Mortgage Trust,
		0.376%, 9/15/21, CMO, FRN (a)(d)	A1/A+		4,069,374
	575	WaMu Mortgage Pass Through Certificates, 4.184%, 5/25/35, CMO, VRN	NR/BB+		521,071
		Washington Mutual MSC Mortgage Pass-Through Certificates, CMO,
	2,664	6.50%, 8/25/34	NR/AAA		2,719,092
	897	7.00%, 3/25/34	NR/AAA		927,302
	2,142	7.50%, 4/25/33	NR/AAA		2,211,015
		Wells Fargo Mortgage Backed Securities Trust, CMO, VRN,
	621	3.131%, 6/25/35	A1/AA+		624,888
	2,910	3.208%, 5/25/35	Aa2/AAA		2,808,128
	336	5.028%, 4/25/36	NR/CCC		317,055
	3,754	5.223%, 4/25/36	NR/BB+		3,370,611

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)			Credit Rating (Moody’s/S&P)	Value*
$	1,628	Wells Fargo Mortgage-Backed Securities Trust,
		2.976%, 6/25 /35, CMO, FRN	NR/AA	$	1,604,415

		Total Mortgage-Backed Securities (cost—$148,560,526)			143,011,767

	SOVEREIGN DEBT OBLIGATIONS—13.5%
	Germany—12.9%
€	33,660	Bundesrepublik Deutschland, 3.75%, 1/4/15, Ser. 04	Aaa/AAA		48,409,562

	Tunisia—0.6%
$	2,000	Banque Centrale de Tunisie, 7.375%, 4/25/12	Baa2/BBB		2,210,000

		Total Sovereign Debt Obligations (cost—$54,713,960)			50,619,562

	SENIOR LOANS (a)(c)—4.3%
	Financial Services—4.3%
	10,000	American General Finance Corp., 7.25%, 4/21/15 (e)			10,030,000
	979	Chrysler Financial Corp., 4.26%, 8/3/12, Term B			981,984
		CIT Group, Inc.,
	1,800	9.50%, 1/20/12, Term 2A			1,843,875
		International Lease Finance Corp.,
	1,700	6.75%, 3/17/15, Term B1			1,735,275
	1,300	7.00%, 3/17/16, Term B2			1,318,525

		Total Senior Loans (cost—$15,636,272)			15,909,659

	U.S. TREASURY OBLIGATIONS (e)—3.2%
	12,200	U.S. Treasury Notes, 3.375%, 11/15/19 (cost—$11,694,583)			11,947,423

	ASSET-BACKED SECURITIES—2.5%
	916	Access Financial Manufactured Housing Contract Trust, 7.65%, 5/15/21	Caa2/NR		742,512
		Advanta Business Card Master Trust, FRN,
	1,000	0.506%, 6/20/14	Ca/CCC-		769,347
	1,000	0.506%, 12/22/14	Ca/CCC-		811,595
		Ameriquest Mortgage Securities, Inc., FRN (f),
	2,102	3.788%, 11/25/32	Ca/D		205,376
	813	5.888%, 2/25/33	Ca/D		75,361
	1,932	Bear Stearns Asset Backed Securities Trust, 0.763%, 9/25/34, FRN	NR/A		1,491,027
		Conseco Finance Securitizations Corp.,
	697	7.96%, 2/1/32	Ca/CCC-		599,771
	348	7.97%, 5/1/32	Ca/CCC-		260,419
		Conseco Financial Corp.,
	297	6.53%, 2/1/31, VRN	NR/B-		272,981
	461	7.05%, 1/15/27	B3/B		402,277
CAD	800	Ford Auto Securitization Trust, 4.817%, 10/15/12 (a)(d)	NR/AAA		814,198
$	1,000	Greenpoint Manufactured Housing, 8.30%, 10/15/26, VRN	Ca/NR		899,768
	2,264	Morgan Stanley ABS Capital I, 0.443%, 1/25/36, FRN	Baa2/B-		1,987,487
	48	Oakwood Mortgage Investors, Inc., 0.484%, 5/15/13, FRN	Caa1/BB-		34,164
	36	Residential Asset Mortgage Products, Inc., 8.50%, 12/25/31	NR/CCC		35,357

		Total Asset-Backed Securities (cost—$10,161,944)			9,401,640

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)			Credit Rating (Moody’s/S&P)	Value*
	MUNICIPAL BONDS—0.4%
	West Virginia—0.4%
$	1,920	Tobacco Settlement Finance Auth. Rev.,
		7.467%, 6/1/47, Ser. A (cost—$1,806,060)	Baa3/BBB	$	1,564,320


Shares
	COMMON STOCK—0.4%
	Diversified Financial Services—0.3%
	28,814	CIT Group, Inc. (k)			1,169,848


	Oil, Gas & Consumable Fuels—0.1%
	3,881	SemGroup Corp., Class A (k)			110,616

		Total Common Stock (cost—$606,655)			1,280,464


Units
	WARRANTS—0.0%
	Energy—0.0%
	4,086	SemGroup Corp., expires 11/14/30 (k) (cost—$18,385)			33,706


Principal Amount (000s)
	SHORT-TERM INVESTMENTS—4.4%
	Corporate Notes—1.9%
	Financial Services—1.9%
$	1,100	American General Finance Corp., 4.875%, 5/15/10	B2/B		1,099,732
		International Lease Finance Corp.,
	200	0.472%, 5/24/10, FRN	B1/BB+		199,999
	2,400	4.875%, 9/1/10 (l)	B1/BB+		2,400,153
	2,300	5.125%, 11/1/10	B1/BB+		2,303,087
	1,000	SLM Corp., 0.556%, 12/15/10, FRN (l)	Ba1/BBB-		952,230

					6,955,201

	Oil & Gas—0.0%
	80	Pemex Project Funding Master Trust, 9.125%, 10/13/10	Baa1/BBB		83,400

		Total Corporate Notes (cost—$6,956,405)			7,038,601

	Municipal Bonds—1.3%
	Michigan—1.3%
	5,000	Municipal Bond Auth. Rev., 5.00%, 3/21/11, Ser. B (cost—$5,004,193)	NR/NR		5,008,550

	Repurchase Agreements—0.8%
	2,500	Credit Suisse Securities LLC, dated 4/30/10, 0.20%, due 5/3/10, proceeds $2,500,042; collateralized by U.S. Treasury Note, 3.625%, due 8/15/19, valued at $2,561,998 including accrued interest			2,500,000
	510	State Street Bank & Trust Co., dated 4/30/10, 0.01%, due 5/3/10, proceeds $510,000; collateralized by U.S. Treasury Bills, zero coupon, due 5/6/10, valued at $525,000			510,000

		Total Repurchase Agreements (cost—$3,010,000)			3,010,000

PIMCO Strategic Global Government Fund, Inc. Schedule of Investments

April 30, 2010 (unaudited)


Principal Amount (000s)				Credit Rating (Moody’s/S&P)	Value*
	U.S. Government Agency Securities—0.2%
			Freddie Mac, MBS,
	$—	(h)	7.00%, 8/1/10	Aaa/AAA	$	35
	1		7.00%, 1/1/11	Aaa/AAA		634
			Small Business Administration Participation Certificates,
	357		6.64%, 2/1/11	Aaa/AAA		371,125
	464		7.449%, 8/1/10	Aaa/AAA		472,646

			Total U.S. Government Agency Securities (cost—$827,948)			844,440

	U.S. Treasury Bills (j)—0.2%
	645		0.197%-0.223%, 8/26/10-9/9/10 (cost—$644,569)			644,622

			Total Short-Term Investments (cost—$16,443,115)			16,546,213


Notional Amount
	OPTIONS PURCHASED (k)—0.0%
			Put Options—0.0%
			Fannie Mae (OTC),
$	68,000,000		strike price $90.00, expires 7/7/10			6,125
	40,000,000		strike price $92.50, expires 7/7/10			4,163
	49,000,000		strike price $95.50, expires 7/7/10			11,320
	30,000,000		strike price $97.13, expires 7/7/10			7,606
	58,000,000		strike price $99.25, expires 7/7/10			1

			Total Options Purchased (cost—$28,711)			29,215

			Total Investments (cost—$1,024,482,702)—281.8%			1,055,462,230
			Liabilities in excess of other assets—(181.8%)			(680,915,612	)

			Net Assets—100%		$	374,546,618

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. Exchange-traded futures and options on futures are valued at the settlement price determined by the relevant exchange. Securities purchased on a delayed-delivery basis are marked to market daily until settlement at the forward settlement date. 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.

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 $99,429,522, representing 26.5% 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 April 30, 2010.

(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)	Delayed-delivery. To be delivered after April 30, 2010.

(f)	In default.

(g)	Fair-Valued—Securities with an aggregate value of $25,849,150, representing 6.9% 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)	All or partial amount segregated as collateral for swaps and delayed-delivery securities.

(k)	Non-income producing.

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

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 April 30, 2010.

LIBOR—London Inter-Bank Offered Rate

MBIA—insured by Municipal Bond Investors Assurance

MBS—Mortgage-Backed Securities

NR—Not Rated

OTC—Over the Counter

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 April 30, 2010.

Other Investments:

(A) Credit default swap agreements:

Sell protection swap agreements outstanding at April 30, 2010 ⁽¹⁾:


Swap Counterparty/ Referenced Debt Issuer	Notional Amount Payable on Default (000s) ⁽³⁾		Credit Spread ⁽²⁾		Termination Date	Payments Received		Market Value ⁽⁴⁾		Upfront Premiums Received			Unrealized Appreciation
BNP Paribas:
General Electric	$	800	1.17	%	12/20/13	4.60	%	$	99,893		—		$	99,893
Citigroup:
American Express		500	0.74	%	12/20/13	4.30	%		65,219		—			65,219
SLM		800	3.77	%	12/20/13	5.00	%		36,832	$	(98,000	)		134,832
SLM		2,100	3.77	%	12/20/13	5.00	%		96,683		(252,000	)		348,683
Deutsche Bank:
American International Group		3,000	2.07	%	3/20/13	2.10	%		9,495		—			9,495
General Electric		4,100	1.17	%	12/20/13	4.78	%		537,780		—			537,780
General Electric		8,000	1.17	%	12/20/13	4.82	%		1,062,285		—			1,062,285
ING Bank	€	5,000	0.95	%	6/20/11	1.40	%		36,745		—			36,745
SLM	$	4,000	3.77	%	12/20/13	5.00	%		184,158		(490,000	)		674,158
Merrill Lynch:
American Express		8,000	0.74	%	12/20/13	4.10	%		985,203		—			985,203
SLM		8,000	3.77	%	12/20/13	5.00	%		368,316		(980,000	)		1,348,316

								$	3,482,609	$	(1,820,000	)	$	5,302,609

⁽¹⁾

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 comprising 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 comprising the referenced index.

⁽²⁾

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.

⁽³⁾

The maximum potential amount the Fund could be required to make available 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.

⁽⁴⁾

The quoted market prices and resulting values for credit default swap agreements serve as an indicator of the status at April 30, 2010 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.

(B) Interest rate swap agreements outstanding at April 30, 2010:


	Notional Amount (000s)		Termination Date	Rate Type			Market Value			Upfront Premiums Paid(Received)			Unrealized Depreciation
Swap Counterparty	Notional Amount (000s)		Termination Date	Payments Made		Payments Received	Market Value			Upfront Premiums Paid(Received)			Unrealized Depreciation
Barclays Bank	$	6,600	12/16/19	4.00	%	3-Month USD-LIBOR	$	(309,250	)	$	(210,540	)	$	(98,710	)
Citigroup		26,900	6/16/15	4.00	%	3-Month USD-LIBOR		(1,639,834	)		(1,542,715	)		(97,119	)
Morgan Stanley		5,800	6/16/15	4.00	%	3-Month USD-LIBOR		(353,570	)		(301,310	)		(52,260	)
Royal Bank of Scotland		41,000	6/16/20	4.00	%	3-Month USD-LIBOR		(976,258	)		869,200			(1,845,458	)
Royal Bank of Scotland		21,000	6/16/20	4.00	%	3-Month USD-LIBOR		(500,034	)		(225,540	)		(274,494	)

							$	(3,778,946	)	$	(1,410,905	)	$	(2,368,041	)

LIBOR—London Inter-Bank Offered Rate


	Counterparty	U.S.$ Value on Origination Date		U.S.$ Value April 30, 2010		Unrealized Appreciation (Depreciation)
Purchased:
773,000 Canadian Dollar settling 5/4/10	UBS	$	768,619	$	763,195	$	(5,424	)
37,978,000 Euro settling 5/24/10	Credit Suisse First Boston		51,595,809		50,500,362		(1,095,447	)
Sold:
2,710,000 Australian Dollar settling 5/28/10	JPMorgan Chase		2,462,035		2,515,779		(53,744	)
6,277,000 British Pound settling 6/24/10	Royal Bank of Scotland		9,584,666		9,605,887		(21,221	)
773,000 Canadian Dollar settling 5/4/10	Deutsche Bank		765,716		763,195		2,521
773,000 Canadian Dollar settling 7/7/10	UBS		768,555		763,143		5,412
6,000 Euro settling 5/24/10	Barclays Bank		8,001		7,978		23
77,389,000 Euro settling 5/6/10	Citigroup		105,048,989		102,900,830		2,148,159
480,000 Euro settling 5/24/10	Credit Suisse First Boston		641,844		638,269		3,575
3,665,000 Euro settling 5/24/10	Goldman Sachs		4,962,520		4,873,449		89,071
3,466,000 Euro settling 5/24/10	Royal Bank of Scotland		4,735,596		4,608,833		126,763

						$	1,199,688

The Fund received $1,180,000 in principal value of U.S. Treasury Bills and $4,100,000 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. Collateral received as securities cannot be pledged.

(D) Open reverse repurchase agreements at April 30, 2010:


Counterparty	Rate		Trade Date	Maturity Date	Principal & Interest		Principal
Bank of America	0.22	%	4/29/10	5/13/10	$	60,589,481	$	60,588,000
	0.23	%	4/29/10	5/13/10		1,105,028		1,105,000
	0.24	%	4/29/10	5/13/10		13,197,352		13,197,000
	0.45	%	4/6/10	5/5/10		11,917,321		11,913,300
Barclays Bank	0.26	%	4/13/10	5/13/10		100,303,486		100,289,000
	0.45	%	4/7/10	5/7/10		37,088,050		37,076,000
	0.45	%	4/9/10	5/10/10		8,708,612		8,706,000
	0.45	%	4/12/10	5/10/10		1,048,275		1,048,000
	0.65	%	4/7/10	5/7/10		5,780,713		5,778,000
	0.65	%	4/9/10	5/10/10		3,170,373		3,169,000
	0.65	%	4/12/10	5/10/10		2,161,820		2,161,000
Credit Suisse First Boston	0.35	%	4/5/10	5/3/10		10,575,878		10,573,000
	0.45	%	4/5/10	5/5/10		5,823,037		5,821,000
Greenwich Capital Markets	0.22	%	4/29/10	5/13/10		54,562,334		54,561,000
	0.45	%	4/9/10	5/10/10		14,007,201		14,003,000
JPMorgan Chase	0.22	%	4/29/10	5/13/10		55,642,360		55,641,000
	0.70	%	4/9/10	5/10/10		10,419,860		10,415,000
Morgan Stanley	0.45	%	4/6/10	5/6/10		2,839,958		2,839,000

							$	398,883,300

The weighted average daily balance of reverse repurchase agreements outstanding during the three months ended April 30, 2010 was $433,161,769 at a weighted average interest rate of 0.31%. The total market value of underlying collateral (refer to the Schedule of Investments for positions segregated as collateral for reverse repurchase agreement) for open reverse repurchase agreements at April 30, 2010 was $436,367,465.

The Fund received $370,000 in principal value of corporate bonds and $177,000 in cash as collateral for reverse repurchase agreements outstanding. 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 three months ended April 30, 2010 maximized the use of observable inputs and minimized the use of unobservable inputs. When fair-valuing securities, the Fund utilized 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.

The Fund’s policy is to recognize transfers between levels at the end of the reporting period.

A summary of the inputs used at April 30, 2010 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 4/30/10
Investments in Securities—Assets
U.S. Government Agency Securities		—	$	591,899,307		$	22,508,098	$	614,407,405
Corporate Bonds & Notes:
Airlines		—		4,324,062			8,291,549		12,615,611
All Other		—		178,095,245			—		178,095,245
Mortgaged-Backed Securities				139,670,715			3,341,052		143,011,767
Sovereign Debt Obligations		—		50,619,562			—		50,619,562
Senior Loans		—		15,909,659			—		15,909,659
U.S. Treasury Obligations		—		11,947,423			—		11,947,423
Asset-Backed Securities		—		9,401,640			—		9,401,640
Municipal Bonds		—		1,564,320			—		1,564,320
Common Stock:
Oil, Gas & Consumable Fuels		—		—			110,616		110,616
All Other	$	1,169,848		—			—		1,169,848
Warrants		—		—			33,706		33,706
Short-Term Investments		—		16,546,213			—		16,546,213
Options Purchased:
Interest Rate Contracts		—		29,215			—		29,215

Total Investments in Securities—Assets	$	1,169,848	$	1,020,007,361		$	34,285,021	$	1,055,462,230

*Other Financial Instruments—Assets**
Credit Contracts		—	$	5,302,609			—	$	5,302,609
Foreign Exchange Contracts		—		2,375,524			—		2,375,524

Total Other Financial Instruments—Assets		—	$	7,678,133			—	$	7,678,133

*Other Financial Instruments—Liabilities**
Interest Rate Contracts		—	$	(2,368,041	)		—	$	(2,368,041	)
Foreign Exchange Contracts		—		(1,175,836	)		—		(1,175,836	)

Total Other Financial Instruments—Liabilities		—	$	(3,543,877	)		—	$	(3,543,877	)

Total Investments	$	1,169,848	$	1,024,141,617		$	34,285,021	$	1,059,596,486

*	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.

There were no significant transfers into and out of Levels 1 and 2 during the three months ended April 30, 2010.

A roll forward of fair value measurements using significant unobservable inputs (Level 3) for the three months ended April 30, 2010, was as follows:


	Beginning Balance 1/31/10		Net Purchases(Sales) and Settlements		Accrued Discounts (Premiums)		Net Realized Gain(Loss)			Net Change in Unrealized Appreciation/ Depreciation		Transfers into Level 3	Transfers out of Level 3**			Ending Balance 4/30/10
Investments in Securities—Assets
U.S. Government Agency Securities	$	3,441,338	$	19,017,042	$	462	$	1,613		$	47,643	—		—		$	22,508,098
Corporate Bonds & Notes:
Airlines		7,505,385		1,599,578		9,657		7,150			265,091	—	$	(1,095,312	)		8,291,549
Mortgaged-Backed
Securities		215,345		3,090,981		380		(613	)		34,959	—		—			3,341,052
Common Stock:
Oil, Gas & Consumable Fuels		92,180		—		—		—			18,436	—		—			110,616
Warrants		21,449		—		—		—			12,257	—		—			33,706

Total Investments	$	11,275,697	$	23,707,601	$	10,499	$	8,150		$	378,386	—	$	(1,095,312	)	$	34,285,021

**	Transferred out of Level 3 into Level 2 because sufficient observable inputs were available.

The net change in unrealized appreciation/depreciation of investments which the Fund held at April 30, 2010 was $334,413.

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: June 28, 2010



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

Date: June 28, 2010

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: June 28, 2010



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

Date: June 28, 2010