<SEC-DOCUMENT>0001181431-12-032539.txt : 20120524
<SEC-HEADER>0001181431-12-032539.hdr.sgml : 20120524
<ACCEPTANCE-DATETIME>20120524184824
ACCESSION NUMBER:		0001181431-12-032539
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20120524
FILED AS OF DATE:		20120524
DATE AS OF CHANGE:		20120524

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Durham Jennifer E
		CENTRAL INDEX KEY:			0001329837

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-22673
		FILM NUMBER:		12868943

	MAIL ADDRESS:	
		STREET 1:		840 NEWPORT CENTER DRIVE
		CITY:			NEWPORT BEACH
		STATE:			CA
		ZIP:			92660

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO Dynamic Income Fund
		CENTRAL INDEX KEY:			0001510599
		IRS NUMBER:				274580758
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		C/O ROPES & GRAY LLP
		STREET 2:		PRUDENTIAL TOWER, 800 BOYLSTON STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02199
		BUSINESS PHONE:		617-951-7467

	MAIL ADDRESS:	
		STREET 1:		C/O ROPES & GRAY LLP
		STREET 2:		PRUDENTIAL TOWER, 800 BOYLSTON STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02199
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>rrd345607.xml
<DESCRIPTION>DURHAM F3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0205</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2012-05-24</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001510599</issuerCik>
        <issuerName>PIMCO Dynamic Income Fund</issuerName>
        <issuerTradingSymbol>PDI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001329837</rptOwnerCik>
            <rptOwnerName>Durham Jennifer E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PIMCO</rptOwnerStreet1>
            <rptOwnerStreet2>840 NEWPORT CENTER DRIVE, SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>NEWPORT BEACH</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92660</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>SEE REMARKS</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>Allianz Global Investors Fund Management LLC serves as the investment manager  (the &quot;Investment Manager&quot;) of the Issuer.  Pacific Investment Management Company LLC (PIMCO) is an affiliate of the Investment Manager and serves as the sub-adviser of the Issuer.  The Reporting Person is the Chief Compliance Officer of PIMCO.</remarks>

    <ownerSignature>
        <signatureName>/s/ Jennifer E. Durham</signatureName>
        <signatureDate>2012-05-24</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
