UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                    FORM N-PX


          ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT
                               INVESTMENT COMPANY


                  Investment Company Act file number 811-21601

                        PIMCO Floating Rate Strategy Fund
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               (Exact name of registrant as specified in charter)


                 1345 Avenue of the Americas, New York, NY 10105
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               (Address of principal executive offices) (Zip code)

                  Allianz Global Investors Fund Management LLC
                 1345 Avenue of the Americas, New York, NY 10105
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                     (Name and address of agent for service)


Registrant's telephone number, including area code: 212-739-3000


Date of fiscal year end: July 31

Date of reporting period: July 1, 2005 - June 30, 2006



Item 1. Proxy Voting Record

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PIMCO Floating Rate Strategy Fund
Form N-PX Proxy Voting Record-Item 1
7/1/05-6/30/06
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                                                       SECURITY
                                 EXCHANGE               HOLDER
                                  TICKER   CUSIP OR    MEETING
      SECURITY ISSUER NAME        SYMBOL     ISIN        DATE                   MATTER VOTED ON
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        DOBSON COMM FRN             N/A   256067AF6      N/A     Consent to the proposed amendments in the Indenture
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                                                                               VOTE CAST
                                      PROPOSAL BY                 VOTING        "FOR" OR
                                       ISSUER OR                RESULT: FOR,    "AGAINST"
                                        SECURITY      VOTE        AGAINST,     MANAGEMENT
      SECURITY ISSUER NAME               HOLDER     CAST(Y/N)     ABSTAIN      OR "ABSTAIN"
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        DOBSON COMM FRN                 Issuer         Y           For             For
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                                   SIGNATURES


Pursuant to the requirements of 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 Floating Rate Strategy Fund




By (Signature and Title)* /s/ Thomas J. Fuccillo
                          ---------------------------
                          Thomas J. Fuccillo, Secretary




Date   August 28, 2006