-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 PoBfiSLmW87iYkZ3abT91pxP6v/QHG8VuvmBdgm3ZE+b+gP0JJgtWhG4yXNpWkdo
 kU5E1K28kqJeb+rpEjGXJA==

<SEC-DOCUMENT>0001201891-05-000179.txt : 20050803
<SEC-HEADER>0001201891-05-000179.hdr.sgml : 20050803
<ACCEPTANCE-DATETIME>20050803090348
ACCESSION NUMBER:		0001201891-05-000179
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050803
FILED AS OF DATE:		20050803
DATE AS OF CHANGE:		20050803

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO Floating Rate Strategy Fund
		CENTRAL INDEX KEY:			0001296250
		IRS NUMBER:				201619298
		FISCAL YEAR END:			0731

	BUSINESS ADDRESS:	
		STREET 1:		1345 AVENUE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105
		BUSINESS PHONE:		212 739-3502

	MAIL ADDRESS:	
		STREET 1:		1345 AVENUE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KOEPFGEN BRUCE L
		CENTRAL INDEX KEY:			0001269979

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21601
		FILM NUMBER:		05993878

	BUSINESS ADDRESS:	
		STREET 1:		C/O GEN TEK INC
		STREET 2:		LIBERTY LANE
		CITY:			HAMPTON
		STATE:			NH
		ZIP:			03842
		BUSINESS PHONE:		2127393000

	MAIL ADDRESS:	
		STREET 1:		1345 AVENUE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2005-08-03</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001296250</issuerCik>
        <issuerName>PIMCO Floating Rate Strategy Fund</issuerName>
        <issuerTradingSymbol>PFN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001269979</rptOwnerCik>
            <rptOwnerName>KOEPFGEN BRUCE L</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1345 AVENUE OF THE AMERICAS</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10105</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Affiliated Person</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>Allianz Global Investors Fund Management LLC (AGIFM) is the investment manager of the Issuer.  Mr. Koepfgen is a member of the AGIFM Management Board.</remarks>

    <ownerSignature>
        <signatureName>Jennifer A. Patula, Attorney in fact for Bruce L. Koepfgen</signatureName>
        <signatureDate>2005-08-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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