Pioneer Investments: Pioneer Global High Yield Fund


Mutual Funds
Funds Directory
Balanced / Flexible Funds
Equity Funds
International Equity Funds
Fixed Income Funds
Asset Allocation Series
Alternatives
Daily Pricing
Performance
Distributions
Historical Distributions
Morningstar Ratings
Historical Pricing
Holdings
Proxy Voting
Fund Commentaries
Sector Allocations
Home Funds & Products Mutual Funds Printable Version
Pioneer Global High Yield Fund

Monthly Portfolio Holdings as of 12/31/2015

Security Name Coupon Maturity Date Par / Shares Market Value($)
Intesa Sanpaolo S.p.A., Floating Rate Note (Perpetual) (144A) 7.7 12/29/2049 4,825,000 5,022,798
EC Finance Plc, 5.125%, 7/15/21 (144A) 5.125 07/15/2021 3,695,000 4,240,197
Province of Salta Argentina, 9.5%, 3/16/22 (144A) 9.5 03/16/2022 3,600,000 2,618,208
Lease Investment Flight Trust, Floating Rate Note, 7/15/31 0.7605 07/15/2031 1,102,000 349,920
Aircraft Finance Trust, Floating Rate Note, 5/15/24 0.8105 05/15/2024 11,396,000 1,578,551
Nationstar Mortgage LLC, 6.5%, 7/1/21 6.5 07/01/2021 3,000,000 2,752,500
LORENZO RE, Ltd., 0.0%, 12/31/49 (Cat Bond) (Perpetual) 0.0 12/31/2049 33,500 83,750
Unit Corp., 6.625%, 5/15/21 6.625 05/15/2021 3,765,000 2,742,672
ONEOK, Inc., 7.5%, 9/1/23 7.5 09/01/2023 2,385,000 2,050,106
Kane Sac, Ltd., 0.0%, 1/7/16 (Cat Bond) 0.0 01/07/2016 1,093,300 1,300,043
Unifin Financiera SAPI de CV SOFOM ENR, 6.25%, 7/22/19 (144A) 6.25 07/22/2019 4,000,000 3,790,417
SunPower Corp., 0.875%, 6/1/21 0.875 06/01/2021 2,290,000 1,991,107
Silverton RE, Ltd., 0.0%, 9/16/16 (Cat Bond) (144A) 0.0 09/16/2016 2,000,000 18,800
Unison Ground Lease Funding LLC, 5.78%, 3/16/43 (144A) 5.78 03/16/2043 2,750,000 2,713,862
Rialto Holdings LLC, 7.0%, 12/1/18 (144A) 7.0 12/01/2018 2,200,000 2,245,833
C&S Group Enterprises LLC, 5.375%, 7/15/22 (144A) 5.375 07/15/2022 2,535,000 2,344,329
Whiting Petroleum Corp., 1.25%, 4/1/20 (144A) 1.25 04/01/2020 2,585,000 1,765,878
Altice Finco SA, 8.125%, 1/15/24 (144A) 8.125 01/15/2024 600,000 602,979
CFG Investment SAC, 9.75%, 7/30/19 (144A) 9.75 07/30/2019 4,450,000 2,273,486
Sanchez Energy Corp., 6.125%, 1/15/23 6.125 01/15/2023 3,265,000 1,855,314
Argos Merger Sub, Inc., 7.125%, 3/15/23 (144A) 7.125 03/15/2023 2,285,000 2,313,515
NRG Energy, Inc., 6.25%, 5/1/24 6.25 05/01/2024 6,000,000 5,103,700
BreitBurn Energy Partners LP, 7.875%, 4/15/22 7.875 04/15/2022 2,830,000 556,449
Zero% 30nov19 0.0 11/30/2019 4,500,000 4,768,200
Outerwall, Inc., 5.875%, 6/15/21 5.875 06/15/2021 4,365,000 3,590,698
Advanced Micro Devices, Inc., 6.75%, 3/1/19 6.75 03/01/2019 955,000 713,863
Kane Zero% 22jan16 0.0 01/22/2016 2,600,000 2,926,820
Vedanta Resources Plc, 8.25%, 6/7/21 (144A) 8.25 06/07/2021 5,145,000 3,014,178
Brookfield Residential Properties, Inc., 6.5%, 12/15/20 (144A) 6.5 12/15/2020 715,000 691,147
Panolam Holdings Co.     894 742,020
Enel S.p.A., Floating Rate Note, 9/24/73 (144A) 8.133 09/24/2073 2,995,000 3,481,168
WellCare Health Plans, Inc., 5.75%, 11/15/20 5.75 11/15/2020 4,930,000 5,114,122
FPL Energy Wind Funding LLC, 6.876%, 6/27/17 (144A) 6.876 06/27/2017 2,465,000 166,635
Star Energy Geothermal Wayang Windu, Ltd., 6.125%, 3/27/20 (144A) 6.125 03/27/2020 500,000 480,911
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 12/15/35 (144A) 7.08 12/15/2035 9,000,000 6,099,739
Countrywide Asset-Backed Certificates, Floating Rate Note, 11/25/34 1.3966 11/25/2034 1,700,000 1,140,980
KazMunayGas National Co JSC, 4.4%, 4/30/23 (144A) 4.4 04/30/2023 1,000,000 937,316
Comstock Resources, Inc., 9.5%, 6/15/20 9.5 06/15/2020 374,000 66,094
AEP Industries, Inc., 8.25%, 4/15/19 8.25 04/15/2019 3,355,000 3,505,695
Cliffs Natural Resources, Inc., 8.25%, 3/31/20 (144A) 8.25 03/31/2020 2,800,000 2,193,392
Zero% 31aug16 0.0 08/31/2016 1,300,000 1,415,440
Morgan Stanley, Floating Rate Note (Perpetual) 5.55 12/31/2049 3,550,000 3,640,850
Noble Energy, Inc., 5.875%, 6/1/22 5.875 06/01/2022 3,995,000 3,820,002
Sabine Pass Liquefaction LLC, 5.625%, 2/1/21 5.625 02/01/2021 4,000,000 3,773,750
Horizon Holdings III SASU, 5.125%, 8/1/22 (144A) 5.125 08/01/2022 950,000 1,084,130
Reynolds Group Issuer, Inc., 8.5%, 5/15/18 8.5 05/15/2018 7,490,000 7,487,087
PDC Energy, Inc., 7.75%, 10/15/22 7.75 10/15/2022 3,250,000 3,173,174
Agrokor dd, 8.875%, 2/1/20 (144A) 8.875 02/01/2020 1,960,000 2,154,979
Kane Zero% 29apr16 0.0 04/29/2016 5,400,000 6,145,740
Long Haul Holdings, Ltd., Facility B Loan, 11/17/13 8.152 01/15/2015 1,034,769 222,475
Bumi Resources Tbk PT, Loan, 11/4/16 18.153 11/04/2016 4,700,000 1,010,500
MMM Holdings, Inc., MMM Term Loan, 12/12/17 9.75 12/12/2017 756,082 498,069
MHP SA, 8.25%, 4/2/20 (144A) 8.25 04/02/2020 5,300,000 4,692,598
Vishay Intertechnology, Inc., 2.25%, 5/15/41 (144A) 2.25 05/15/2041 1,605,000 1,231,436
Ascent Resources - Utica LLC, 3.5%, 3/1/21 (144A) (PIK) 3.5 03/01/2021 2,818,475 61,067
Lease Investment Flight Trust, Floating Rate Note, 7/15/31 0.7205 07/15/2031 12,652,000 2,978,467
Alamo Re, Ltd., Floating Rate Note, 6/7/18 (Cat Bond) (144A) 6.1238 06/07/2018 450,000 463,131
Novatek OAO via Novatek Finance, Ltd., 4.422%, 12/13/22 (144A) 4.422 12/13/2022 2,350,000 2,082,478
Ziggo Bond Finance BV, 5.875%, 1/15/25 (144A) 5.875 01/15/2025 1,075,000 1,026,185
Entegris, Inc., 6.0%, 4/1/22 (144A) 6.0 04/01/2022 930,000 955,575
Vertafore, Inc., Term Loan (Second Lien), 10/29/17 9.75 10/29/2017 2,000,000 1,998,500
International Finance Corp., 7.75%, 12/3/16 7.75 12/03/2016 241,840,000 3,688,337
TA MFG., Ltd., 3.625%, 4/15/23 3.625 04/15/2023 2,240,000 2,372,998
Aeropuertos Argentina 2000 SA, 10.75%, 12/1/20 (144A) 10.75 12/01/2020 3,775,000 2,804,904
FMG Resources August 2006 Pty, Ltd., 9.75%, 3/1/22 (144A) 9.75 03/01/2022 3,470,000 3,287,825
COBALT CMBS Commercial Mortgage Trust 2007-C3, Floating Rate Note, 5/15/46 5.9593 05/15/2046 455,000 418,206
Golar LNG Partners LP, Floating Rate Note, 10/12/17 6.31 10/12/2017 13,000,000 1,497,849
Lennar Corp., 4.75%, 11/15/22 4.75 11/15/2022 3,950,000 3,940,399
European Bank for Reconstruction & Development, 6.0%, 3/3/16 6.0 03/03/2016 178,400,000 2,827,869
JMC Steel Group, Inc., 8.25%, 3/15/18 (144A) 8.25 03/15/2018 4,340,000 2,994,217
Bank of America Corp., Floating Rate Note, 10/23/49 6.5 10/23/2049 2,525,000 2,691,720
Marfrig Overseas, Ltd., 9.5%, 5/4/20 (144A) 9.5 05/04/2020 11,248,000 11,192,229
Wells Fargo & Co., Floating Rate Note (Perpetual) 5.875 12/31/2049 2,375,000 2,505,889
CEDC Finance Corp International, Inc., 10.0%, 4/30/18 (PIK) 10.0 04/30/2018 2,632,642 1,281,950
JB Poindexter & Co, Inc., 9.0%, 4/1/22 (144A) 9.0 04/01/2022 2,980,000 3,181,150
Non-Profit Preferred Funding Trust I, Floating Rate Note, 9/15/37 (144A) 0.0 09/15/2037 8,875,000 488,214
Swift Energy Co., 8.875%, 1/15/20 8.875 01/15/2020 2,410,000 291,426
Abengoa Finance SAU, 6.0%, 3/31/21 (144A) 6.0 03/31/2021 640,000 92,346
Ardagh Packaging Finance Plc, 7.0%, 11/15/20 (144A) 7.0 11/15/2020 2,400,000 419,906
A Preference Tig Finco     1,390 0
Abengoa Finance SAU, 8.875%, 11/1/17 (144A) 8.875 11/01/2017 6,900,000 1,119,813
17079z Zero% 31mar18 0.0 03/31/2018 2,400,000 2,675,520
GMAC Capital Trust I, Floating Rate Note, 2/15/40 8.125 02/15/2040 355,600 9,018,016
AdvancePierre Foods, Inc., Term Loan (First Lien), 7/10/17 5.75 07/10/2017 1,019,237 1,018,982
Sprint Corp., 7.25%, 9/15/21 7.25 09/15/2021 9,770,000 7,581,981
Petroleos Mexicanos, 7.19%, 9/12/24 (144A) 7.19 09/12/2024 8,650,000 475,642
Russian Railways via RZD Capital Plc, 3.3744%, 5/20/21 3.3744 05/20/2021 1,325,000 1,374,206
Edenre Zero% 23apr19 144a 0.0 04/23/2019 800,000 800,000
Ally Financial, Inc., 4.625%, 5/19/22 4.625 05/19/2022 150,000 151,559
ZF North America Capital, Inc., 4.75%, 4/29/25 (144A) 4.75 04/29/2025 1,670,000 1,604,337
Cimpress NV, 7.0%, 4/1/22 (144A) 7.0 04/01/2022 3,650,000 3,567,875
Tarjeta Naranja SA, 9.0%, 1/28/17 (144A) 9.0 01/28/2017 5,695,000 3,968,000
Resolute Forest Products, Inc., 5.875%, 5/15/23 5.875 05/15/2023 3,735,000 2,745,251
Post Holdings, Inc., 7.375%, 2/15/22 7.375 02/15/2022 1,675,000 1,792,855
Endo Finance LLC, 5.375%, 1/15/23 (144A) 5.375 01/15/2023 6,165,000 6,208,712
JB y Co SA de CV, 3.75%, 5/13/25 (144A) 3.75 05/13/2025 800,000 767,070
Scientific Games International, Inc., 6.25%, 9/1/20 6.25 09/01/2020 625,000 306,771
JBS Investments GmbH, 7.25%, 4/3/24 (144A) 7.25 04/03/2024 3,800,000 3,515,844
JBS USA LLC, 5.75%, 6/15/25 (144A) 5.75 06/15/2025 3,135,000 2,735,462
Trade & Development Bank of Mongolia LLC, 9.375%, 5/19/20 (144A) 9.375 05/19/2020 1,355,000 1,315,040
Navios South American Logistics, Inc., 7.25%, 5/1/22 (144A) 7.25 05/01/2022 3,650,000 2,434,854
Mexican Udibonos, 3.5%, 12/14/17 3.5 12/14/2017 1,720,000 555,532
Belden, Inc., 5.5%, 4/15/23 5.5 04/15/2023 1,800,000 1,995,673
Milea Flt% 15jul17 3.2 07/15/2017 98,019,476 814,410
Mirabela Nickel, Ltd., 9.5%, 6/24/19 (144A) (PIK) 9.5 06/24/2019 3,714,211 2,337,528
KB Home, 1.375%, 2/1/19 1.375 02/01/2019 4,640,000 4,176,483
General Cable Corp., 4.5%, 11/15/29 (Step) 4.5 11/15/2029 1,250,000 773,594
DynCorp International, Inc., 10.375%, 7/1/17 10.375 07/01/2017 2,433,000 1,926,632
TIG FINCO Plc, 8.75%, 4/2/20 8.75 04/02/2020 954,047 1,253,231
Sector Zero% 01dec20 144a 0.0 12/01/2020 1,150,000 1,155,405
Credit Agricole SA, Floating Rate Note (Perpetual) (144A) 6.625 12/31/2049 1,500,000 1,476,708
Taylor Morrison Communities, Inc., 5.875%, 4/15/23 5.875 04/15/2023 2,625,000 2,624,745
Blue Danube II, Ltd., Floating Rate Note, 5/23/18 (Cat Bond) (144A) 4.5618 05/23/2018 475,000 476,065
Ally Financial, Inc., 5.75%, 11/20/25 5.75 11/20/2025 1,395,000 1,421,573
Equinix, Inc., 5.375%, 1/1/22 5.375 01/01/2022 1,600,000 1,683,000
Pacific Exploration and Production Corp., 5.375%, 1/26/19 (144A) 5.375 01/26/2019 7,570,000 1,613,488
Royal Bank of Scotland Group Plc, Floating Rate Note (Perpetual) 8.0 12/31/2049 1,773,000 1,910,801
Mj Acquisition Corp 2nd Lien L + 8% 08apr23 8.6067 04/08/2023 2,790,000 2,735,874
CWGS Group LLC, Term Loan, 2/20/20 5.75 02/20/2020 4,655,833 4,626,734
CommScope, Inc., 5.0%, 6/15/21 (144A) 5.0 06/15/2021 1,475,000 1,417,434
Midstates Petroleum Co, Inc., 9.25%, 6/1/21 9.25 06/01/2021 2,300,000 282,229
Empresas ICA SAB de CV, 8.9%, 2/4/21 (144A) 8.9 02/04/2021 6,450,000 1,605,029
Ally Financial, Inc., 4.125%, 3/30/20 4.125 03/30/2020 1,200,000 1,206,513
VimpelCom Holdings BV, 7.5043%, 3/1/22 (144A) 7.5043 03/01/2022 4,875,000 4,996,945
Kindred Healthcare, Inc., 6.375%, 4/15/22 6.375 04/15/2022 2,400,000 2,024,300
NeuStar, Inc., 4.5%, 1/15/23 4.5 01/15/2023 1,700,000 1,396,975
Calumet Specialty Products Partners LP, 6.5%, 4/15/21 6.5 04/15/2021 4,025,000 3,556,982
Banco Santander SA, Floating Rate Note (Perpetual) 6.375 12/31/2049 2,400,000 2,297,850
Ardent Legacy Acquisitions Inc 1st Lien Tl-B L + 5.5% 31jul21 6.5 07/31/2021 473,469 471,102
COBALT CMBS Commercial Mortgage Trust 2007-C3, Floating Rate Note, 5/15/46 5.9593 05/15/2046 1,480,000 1,424,523
Intelsat Luxembourg SA, 7.75%, 6/1/21 7.75 06/01/2021 2,500,000 1,184,896
Homeowner Assistance Program Reverse Mortgage Loan Trust 2013-RM1, 4.0%, 5/26/53 (144A) 4.0 05/26/2053 1,300,000 678,449
General Cable Corp., 5.75%, 10/1/22 5.75 10/01/2022 3,250,000 2,549,219
LDK Solar Co, Ltd. (A.D.R.)     158,800 8,893
Charter Communications Operating L 1st Lien Bridge L + 6.625% 26may16   05/26/2016 8,860,000 8,860,000
JP Morgan Mortgage Trust 2005-A1, Floating Rate Note, 2/25/35 2.6929 02/25/2035 5,923,886 1,713,136
Lantheus Medical Imaging, Inc., Initial Term Loan, 6/25/22 7.0 06/25/2022 9,606,725 8,838,187
Tonon Luxembourg SA, 10.5%, 5/14/24 (144A) 10.5 05/14/2024 1,625,000 920,089
Tronox Finance LLC, 7.5%, 3/15/22 (144A) 7.5 03/15/2022 4,635,000 2,790,656
Ausdrill Finance Pty, Ltd., 6.875%, 11/1/19 (144A) 6.875 11/01/2019 3,710,000 2,676,610
Minerva Luxembourg SA, 12.25%, 2/10/22 (144A) 12.25 02/10/2022 3,755,000 3,972,712
Impax Laboratories, Inc., 2.0%, 6/15/22 (144A) 2.0 06/15/2022 3,890,000 3,815,658
Scientific Games International, Inc., 10.0%, 12/1/22 10.0 12/01/2022 14,700,000 10,559,500
Reynolds Group Issuer, Inc., 9.875%, 8/15/19 9.875 08/15/2019 3,785,000 3,954,589
Banque Centrale de Tunisie International Bond, 5.75%, 1/30/25 (144A) 5.75 01/30/2025 2,655,000 2,361,856
Talen Energy Supply LLC, 4.625%, 7/15/19 (144A) 4.625 07/15/2019 3,760,000 2,900,187
Alliance HealthCare Services, Inc., Initial Term Loan, 6/3/19 4.25 06/03/2019 1,012,213 966,663
Liberty Tire Recycling Llc     156,027 1,560
International Finance Corp., 8.25%, 6/10/21 8.25 06/10/2021 240,670,000 3,826,655
Banco Nacional de Costa Rica, 6.25%, 11/1/23 (144A) 6.25 11/01/2023 2,000,000 1,940,833
Altrl Zero% 30jun16 0.0 06/30/2016 3,314,020 231,981
Targa Resources Partners LP, 4.25%, 11/15/23 4.25 11/15/2023 2,650,000 2,054,891
CCOH Safari LLC, 5.75%, 2/15/26 (144A) 5.75 02/15/2026 2,615,000 2,638,662
Kane Sac, Ltd., 0.0%, 1/7/16 (Cat Bond) 0.0 01/07/2016 1,067,200 1,199,960
Desarrolladora Homex SAB de CV, 0.0%, 12/11/19 (144A) 0.0 12/11/2019 9,802,000 2,992,333
IRSA Inversiones y Representaciones SA, 8.5%, 2/2/17 (144A) 8.5 02/02/2017 6,405,000 6,566,281
Instituto Costarricense de Electricidad, 6.95%, 11/10/21 (144A) 6.95 11/10/2021 940,000 945,730
Royal Bank of Scotland Group Plc, Floating Rate Note (Perpetual) 7.5 12/31/2049 1,020,000 1,081,413
Gol LuxCo SA, 8.875%, 1/24/22 (144A) 8.875 01/24/2022 3,525,000 1,652,185
DPx Holdings BV, 7.5%, 2/1/22 (144A) 7.5 02/01/2022 4,980,000 5,011,125
Valeant Pharmaceuticals International, Inc., 4.5%, 5/15/23 4.5 05/15/2023 2,675,000 2,536,176
Access Bank Plc, Floating Rate Note, 6/24/21 (144A) 9.25 06/24/2021 3,485,000 2,999,012
Post Holdings, Inc., 6.75%, 12/1/21 (144A) 6.75 12/01/2021 1,375,000 1,410,234
EQTY 2014-INNS Mortgage Trust, Floating Rate Note, 5/8/31 (144A) 3.726 05/08/2031 1,175,000 1,166,994
ContourGlobal Power Holdings SA, 7.125%, 6/1/19 (144A) 7.125 06/01/2019 1,610,000 1,539,059
Apex Tool Group LLC, 7.0%, 2/1/21 (144A) 7.0 02/01/2021 4,440,000 3,548,300
Equinix, Inc., 5.375%, 4/1/23 5.375 04/01/2023 1,455,000 1,503,652
Provincia de Buenos Aires Argentina, 9.95%, 6/9/21 (144A) 9.95 06/09/2021 1,260,000 1,305,462
Empresa Electrica Angamos SA, 4.875%, 5/25/29 (144A) 4.875 05/25/2029 1,830,000 1,641,440
Namibia International Bonds, 5.25%, 10/29/25 (144A) 5.25 10/29/2025 1,415,000 1,328,744
Gulfport Energy Corp., 7.75%, 11/1/20 7.75 11/01/2020 4,990,000 4,530,504
Omega US Sub LLC, 8.75%, 7/15/23 (144A) 8.75 07/15/2023 2,475,000 2,392,070
GS Mortgage Securities Corp II Series 2005-GG4, Floating Rate Note, 7/10/39 4.939 07/10/2039 1,500,000 1,449,241
WebMD Health Corp., 1.5%, 12/1/20 1.5 12/01/2020 3,750,000 4,192,969
Prince Mineral Holding Corp., 11.5%, 12/15/19 (144A) 11.5 12/15/2019 1,560,000 1,131,173
Kenya Government International Bond, 5.875%, 6/24/19 (144A) 5.875 06/24/2019 2,175,000 2,052,422
Guanay Finance, Ltd., 6.0%, 12/15/20 (144A) 6.0 12/15/2020 2,050,000 2,029,842
Marie Brizard Wine & Spirits SA, 12/23/16   12/23/2016 5,578,091 787,334
JBS Investments GmbH, 7.75%, 10/28/20 (144A) 7.75 10/28/2020 2,020,000 1,966,596
Penn Virginia Corp., 8.5%, 5/1/20 8.5 05/01/2020 2,250,000 386,250
MSO of Puerto Rico, Inc., MSO Term Loan, 12/12/17 9.75 12/12/2017 549,668 362,094
14112z Zero% 01feb19 0.0 02/01/2019 3,900,000 4,536,090
Kane Sac, Ltd., 0.0%, 1/7/16 (Cat Bond) 0.0 01/07/2016 1,101,200 1,199,978
CenturyLink, Inc., 5.625%, 4/1/25 5.625 04/01/2025 2,260,000 1,941,481
TerraForm Power Operating LLC, 5.875%, 2/1/23 (144A) 5.875 02/01/2023 590,000 502,668
Bonanza Creek Energy, Inc., 5.75%, 2/1/23 5.75 02/01/2023 2,165,000 1,177,670
Rain CII Carbon LLC, 8.0%, 12/1/18 (144A) 8.0 12/01/2018 9,820,000 8,486,117
Citigroup Commercial Mortgage Trust 2014-GC23 REMICS, Floating Rate Note, 7/12/47 (144A) 3.208 07/12/2047 1,500,000 965,409
Wachovia Bank Commercial Mortgage Trust Series 2007-C34, Floating Rate Note, 5/15/46 6.1427 05/15/2046 775,000 785,431
James River Coal Co., 7.875%, 4/1/19 7.875 04/01/2019 4,435,000 824,633
GCI, Inc., 6.75%, 6/1/21 6.75 06/01/2021 500,000 510,313
TAM Capital 3, Inc., 8.375%, 6/3/21 (144A) 8.375 06/03/2021 3,250,000 2,591,920
IRSA Propiedades Comerciales SA, 7.875%, 5/11/17 (144A) 7.875 05/11/2017 5,750,000 5,683,516
Altice Financing SA, 6.625%, 2/15/23 (144A) 6.625 02/15/2023 320,000 321,300
Flt% 15jun16 0.0 06/15/2016 500,000 505,150
Kane Ilw Zero% 02feb16 0.0 02/02/2016 1,300,000 1,300,000
FAGE Dairy Industry SA, 9.875%, 2/1/20 (144A) 9.875 02/01/2020 5,800,000 6,270,646
Nexteer Automotive Group, Ltd., 5.875%, 11/15/21 (144A) 5.875 11/15/2021 1,462,000 1,502,215
Nationstar Mortgage LLC, 6.5%, 6/1/22 6.5 06/01/2022 4,870,000 4,238,929
Zambia Government International Bond, 5.375%, 9/20/22 (144A) 5.375 09/20/2022 3,700,000 2,725,715
Banco Macro SA, Floating Rate Note, 12/18/36 9.75 12/18/2036 820,000 806,487
Kane Zero% 19feb16 0.0 02/19/2016 3,900,000 4,537,650
Vimpel Communications Via VIP Finance Ireland, Ltd. OJSC, 7.748%, 2/2/21 (144A) 7.748 02/02/2021 3,195,000 3,368,642
Windstream Services LLC, 7.75%, 10/15/20 7.75 10/15/2020 4,765,000 4,092,473
Post Holdings, Inc., 7.75%, 3/15/24 (144A) 7.75 03/15/2024 800,000 860,906
ING Groep NV, Floating Rate Note, 12/29/49 6.5 12/29/2049 3,525,000 3,491,219
Ormat Funding Corp., 8.25%, 12/30/20 8.25 12/30/2020 10,665,000 4,309,681
Far East Capital, Ltd. SA, 8.0%, 5/2/18 8.0 05/02/2018 2,700,000 1,682,400
CEVA GROUP Plc, 0.0%, 12/31/14 0.0 06/30/2015 3,428 1,542,677
Post Holdings, Inc., 6.0%, 12/15/22 (144A) 6.0 12/15/2022 5,340,000 5,247,440
Altice Financing SA, 6.5%, 1/15/22 (144A) 6.5 01/15/2022 2,800,000 2,855,922
Continental Airlines 1998-1 Class B Pass Through Trust, 6.748%, 3/15/17 6.748 03/15/2017 10,600,000 1,276,178
Frontier Communications Corp., 8.75%, 4/15/22 8.75 04/15/2022 10,145,000 9,571,526
Silvre Zero% 18sep18 144a 0.0 09/18/2018 2,000,000 2,000,000
Allison Transmission, Inc., Term B-3 Loan, 8/23/19 3.5 08/23/2019 3,150 3,137
Ardagh Finance Holdings SA, 8.375%, 6/15/19 (144A) (PIK) 8.375 06/15/2019 452,686 521,936
Immucor, Inc., 11.125%, 8/15/19 11.125 08/15/2019 3,200,000 3,046,489
Cobalt International Energy, Inc., 2.625%, 12/1/19 2.625 12/01/2019 4,155,000 2,338,486
Ardagh Finance Holdings SA, 8.625%, 6/15/19 (144A) (PIK) 8.625 06/15/2019 3,362,015 3,326,557
TIG FINCO Plc, Floating Rate Note, 3/2/20 (144A) 8.5 03/02/2020 168,361 259,058
Liberty Tire Recycling LLC, 11.0%, 3/31/21 (144A) (PIK) 11.0 03/31/2021 3,280,924 2,236,132
Cengage Learning Holdings II, Inc.     11,492 270,119
Vnesheconombank Via VEB Finance Plc, 6.902%, 7/9/20 (144A) 6.902 07/09/2020 2,725,000 2,843,527
Antero Resources Corp., 5.625%, 6/1/23 (144A) 5.625 06/01/2023 1,750,000 1,373,203
Arcos Dorados Holdings, Inc., 10.25%, 7/13/16 (144A) 10.25 07/13/2016 4,250,000 1,039,225
National Surgical Hospitals Inc 1st Lien Tl-B L + 3.5% 15may22 4.5 05/15/2022 1,326,666 1,290,183
Horizon Holdings I SASU, 7.25%, 8/1/23 (144A) 7.25 08/01/2023 725,000 837,760
Top Co     132,750 31,299
Kindred Healthcare, Inc., 8.0%, 1/15/20 8.0 01/15/2020 1,320,000 1,282,893
Cirsa Funding Luxembourg SA, 8.75%, 5/15/18 (144A) 8.75 05/15/2018 6,950,000 5,436,242
Alliance One International, Inc., 9.875%, 7/15/21 9.875 07/15/2021 7,165,000 5,592,531
FPL Energy National Wind Portfolio LLC, 6.125%, 3/25/19 (144A) 6.125 03/25/2019 1,865,000 65,385
Blue Cube Spinco, Inc., 9.75%, 10/15/23 (144A) 9.75 10/15/2023 460,000 507,438
Bank of America Corp., Floating Rate Note, 9/29/49 6.25 09/29/2049 3,425,000 3,502,538
Ball Corp., 5.25%, 7/1/25 5.25 07/01/2025 2,775,000 2,912,709
Florida East Coast Holdings Corp., 6.75%, 5/1/19 (144A) 6.75 05/01/2019 3,370,000 3,121,463
Mexican Udibonos, 2.0%, 6/9/22 2.0 06/09/2022 35,138,000 10,288,868
UBS AG, 7.625%, 8/17/22 7.625 08/17/2022 5,650,000 6,601,358
Alpha Natural Resources, Inc., 6.0%, 6/1/19 6.0 06/01/2019 315,000 11,813
Denbury Resources, Inc., 5.5%, 5/1/22 5.5 05/01/2022 3,595,000 1,226,422
MMC Norilsk Nickel OJSC via MMC Finance, Ltd., 6.625%, 10/14/22 (144A) 6.625 10/14/2022 700,000 722,519
Darling Global Finance BV, 4.75%, 5/30/22 4.75 05/30/2022 6,945,000 7,311,315
AAF Holdings LLC, 12.375%, 7/1/19 (144A) (PIK) 12.375 07/01/2019 2,608,675 2,621,718
Sector Re V, Ltd., 0.0%, 3/30/19 (Cat Bond) (144A) 0.0 03/30/2019 1,721 17,634
Iap Worldwide Services Inc     63 94,388
EQTY 2014-MZ Mezzanine Trust, Floating Rate Note, 5/10/19 (144A) 5.0255 05/10/2019 840,000 775,575
Monitronics International, Inc., Term B Loan (2013), 3/23/18 4.25 03/23/2018 0 0
Windstream Services LLC, 7.5%, 6/1/22 7.5 06/01/2022 5,180,000 4,008,025
GeoPark Latin America, Ltd. Agencia en Chile, 7.5%, 2/11/20 (144A) 7.5 02/11/2020 3,260,000 2,352,633
Agrokor dd, 9.875%, 5/1/19 (144A) 9.875 05/01/2019 3,200,000 3,771,063
Valeant Pharmaceuticals International, Inc., 5.875%, 5/15/23 (144A) 5.875 05/15/2023 5,305,000 4,774,537
Sector Re V, Ltd., 0.0%, 12/1/19 (Cat Bond) (144A) 0.0 12/01/2019 7,176 230,395
Mexico Government International Bond, 4.0%, 3/15/15 4.0   2,175,000 2,040,913
Metalloinvest Finance, Ltd., 5.625%, 4/17/20 (144A) 5.625 04/17/2020 1,350,000 1,313,256
Expert Global Solutions, Inc., Term B Advance (First Lien), 4/3/18 8.5 04/03/2018 4,373,318 4,351,451
Kane Sac, Ltd., 0.0%, 1/7/16 (Cat Bond) 0.0 01/07/2016 2,375,100 2,600,022
AES Corp. Virginia, 5.5%, 4/15/25 5.5 04/15/2025 3,000,000 2,682,333
Noble Energy, Inc., 5.875%, 6/1/24 5.875 06/01/2024 1,935,000 1,861,046
Macquarie Bank, Ltd., 4.875%, 6/10/25 (144A) 4.875 06/10/2025 2,475,000 2,449,754
ConvaTec Healthcare E SA, 10.5%, 12/15/18 (144A) 10.5 12/15/2018 5,750,000 5,829,503
Terraform Global Operating LLC, 9.75%, 8/15/22 (144A) 9.75 08/15/2022 5,395,000 4,515,840
New World Resources NV, 4.0%, 10/7/20 (PIK) 4.0 10/07/2020 256,063 43,548
Westgate Resorts 2014-A LLC, 6.25%, 10/20/26 (144A) 6.25 10/20/2026 750,000 439,810
FMG Resources August 2006 Pty, Ltd., Loan, 6/30/19 4.25 06/30/2019 435,274 326,757
BBVA Bancomer SA Texas, 6.75%, 9/30/22 (144A) 6.75 09/30/2022 1,250,000 1,396,328
Magnesita Finance, Ltd., 8.625% (Perpetual) (144A) 8.625 12/31/2049 2,800,000 1,569,692
Carrizo Oil & Gas, Inc., 6.25%, 4/15/23 6.25 04/15/2023 3,225,000 2,654,802
Rwanda International Government Bond, 6.625%, 5/2/23 (144A) 6.625 05/02/2023 2,000,000 1,922,723
B Preference Tig Finco     4,613,242 6,662,111
Kane Zero% 22jan16 0.0 01/22/2016 1,000,000 1,166,500
Inter-American Development Bank, 6.0%, 9/5/17 6.0 09/05/2017 42,350,000 642,876
Russian Federal Bond - OFZ, 7.0%, 8/16/23 7.0 08/16/2023 167,059,000 2,040,482
Hkus 12% 15feb22 144a 12.0 02/15/2022 1,634,000 1,075,717
Fresnillo Plc, 5.5%, 11/13/23 (144A) 5.5 11/13/2023 1,825,000 1,847,508
Electricite de France SA, Floating Rate Note (Perpetual) (144A) 5.25 12/31/2049 3,725,000 3,584,071
Red de Carreteras de Occidente SAPIB de CV, 9.0%, 6/10/28 (144A) 9.0 06/10/2028 47,000,000 2,642,281
WPX Energy, Inc., 7.5%, 8/1/20 7.5 08/01/2020 1,525,000 1,285,766
Kane Zero% 15jan16 0.0 01/15/2016 506,000 515,462
MMC Norilsk Nickel OJSC via MMC Finance, Ltd., 5.55%, 10/28/20 (144A) 5.55 10/28/2020 4,000,000 4,043,730
Memorial Resource Development Corp., 5.875%, 7/1/22 5.875 07/01/2022 1,525,000 1,379,172
Romania Government Bond, 5.95%, 6/11/21 5.95 06/11/2021 610,000 174,554
Belden, Inc., 5.25%, 7/15/24 (144A) 5.25 07/15/2024 1,000,000 944,208
TI Group Automotive Systems LLC, Initial US Term Loan, 6/25/22 4.5 06/25/2022 1,995,198 1,955,294
Evraz Inc NA Canada, 7.5%, 11/15/19 (144A) 7.5 11/15/2019 2,300,000 2,172,542
Chiquita Brands International, Inc., 7.875%, 2/1/21 7.875 02/01/2021 1,246,000 1,346,069
Citigroup, Inc., Floating Rate Note (Perpetual) 5.875 12/31/2049 1,200,000 1,209,408
New World Resources NV, Floating Rate Note, 10/7/20 0.0 10/07/2020 135,483 30,891
Vers 2015-A Zero% 31dec17 0.0 12/31/2017 3,800,000 4,438,400
Marfrig Holdings Europe BV, 6.875%, 6/24/19 (144A) 6.875 06/24/2019 3,615,000 3,231,220
TimberStar Trust I, 7.5296%, 10/15/36 (144A) 7.5296 10/15/2036 4,315,000 4,403,866
CEDC Finance Corp International, Inc., 10.0%, 4/30/18 (Step) 10.0 04/30/2018 4,829,992 4,203,301
GCI, Inc., 6.875%, 4/15/25 6.875 04/15/2025 4,275,000 4,433,234
Ecuador Government International Bond, 10.5%, 3/24/20 (144A) 10.5 03/24/2020 1,220,000 1,016,616
Mashantucket Western Pequot Tribe, 6.5%, 7/1/36 (PIK) 6.5 07/01/2036 80,890 1,734
Global Partners LP, 7.0%, 6/15/23 7.0 06/15/2023 2,645,000 2,177,129
Iap Worldwide Services Inc 1st Lien Tl L + 6.5% 18jul19 4.4975 07/18/2019 495,851 498,330
IAC, 4.875%, 11/30/18 4.875 11/30/2018 700,000 704,689
Empresa de Telecomunicaciones de Bogota, 7.0%, 1/17/23 (144A) 7.0 01/17/2023 1,626,000,000 462,478
Citrix Systems, Inc., 0.5%, 4/15/19 0.5 04/15/2019 1,840,000 2,002,942
Sabre GLBL, Inc., 5.375%, 4/15/23 (144A) 5.375 04/15/2023 2,540,000 2,556,122
Africa Finance Corp., 4.375%, 4/29/20 (144A) 4.375 04/29/2020 1,845,000 1,864,031
CHS, 6.875%, 2/1/22 6.875 02/01/2022 1,915,000 1,871,713
Plantronics, Inc., 5.5%, 5/31/23 (144A) 5.5 05/31/2023 1,315,000 1,317,667
Alam Synergy Pte, Ltd., 9.0%, 1/29/19 (144A) 9.0 01/29/2019 995,000 963,160
Memorial Production Partners LP, 6.875%, 8/1/22 6.875 08/01/2022 1,719,000 564,942
Hilcorp Energy I LP, 5.0%, 12/1/24 (144A) 5.0 12/01/2024 3,790,000 3,161,492
Mobile Telesystems OJSC via MTS International Funding, Ltd., 5.0%, 5/30/23 (144A) 5.0 05/30/2023 1,500,000 1,390,208
A Preference Tig Finco     4,840 1,141
Sanchez Energy Corp., 7.75%, 6/15/21 7.75 06/15/2021 800,000 490,756
Memorial Production Partners LP, 7.625%, 5/1/21 7.625 05/01/2021 3,000,000 938,125
EP Energy LLC, 9.375%, 5/1/20 9.375 05/01/2020 3,450,000 2,253,281
New World Resources NV, Floating Rate Note, 10/7/20 0.0 10/07/2020 101,612 14,342
NANA Development Corp., 9.5%, 3/15/19 (144A) 9.5 03/15/2019 1,475,000 1,339,259
Golar LNG, Ltd., 3.75%, 3/7/17 3.75 03/07/2017 2,800,000 2,480,712
Icon Health & Fitness, Inc., 11.875%, 10/15/16 (144A) 11.875 10/15/2016 5,000,000 4,875,347
Blue Cube Spinco, Inc., 10.0%, 10/15/25 (144A) 10.0 10/15/2025 460,000 517,500
Trader Corp., 9.875%, 8/15/18 (144A) 9.875 08/15/2018 1,675,000 1,804,487
EPL Oil & Gas, Inc., 8.25%, 2/15/18 8.25 02/15/2018 4,980,000 1,474,910
Cincinnati Bell, Inc., 8.375%, 10/15/20 8.375 10/15/2020 2,790,000 2,902,104
Audatex North America, Inc., 6.0%, 6/15/21 (144A) 6.0 06/15/2021 2,100,000 2,121,350
Acgl Zero% 01jul16 0.0 07/01/2016 1,300,000 1,451,190
Telenet Finance V Luxembourg SCA, 6.25%, 8/15/22 (144A) 6.25 08/15/2022 1,600,000 1,911,401
Minerva Luxembourg SA, 7.75%, 1/31/23 (144A) 7.75 01/31/2023 10,550,000 10,259,948
CEVA GROUP Plc     1,584 712,643
Mercer International, Inc., 7.0%, 12/1/19 7.0 12/01/2019 2,025,000 2,041,875
Altrl Zero% 30jun17 0.0 06/30/2017 1,669,824 1,980,745
Suntech Power Holdings Co, Ltd., 3.0%, 12/31/15 0.0 12/31/2015 535,000 159,759
BioScrip, Inc., Delayed Draw Term Loan, 7/31/20 6.5 07/31/2020 417,670 382,690
Sberbank of Russia Via SB Capital SA, 5.25%, 5/23/23 (144A) 5.25 05/23/2023 750,000 644,791
Mentor Graphics Corp., 4.0%, 4/1/31 4.0 04/01/2031 490,000 516,644
Aguila 3 SA, 7.875%, 1/31/18 (144A) 7.875 01/31/2018 6,100,000 6,316,741
VimpelCom Holdings BV, 9.0%, 2/13/18 (144A) 9.0 02/13/2018 124,400,000 1,678,219
DigitalGlobe, Inc., 5.25%, 2/1/21 (144A) 5.25 02/01/2021 1,335,000 1,150,603
Cemex SAB de CV, 3.72%, 3/15/20 3.72 03/15/2020 5,625,000 4,473,722
Ineos Finance Plc, 4.0%, 5/1/23 4.0 05/01/2023 7,225,000 7,543,605
Comstock Resources, Inc., 7.75%, 4/1/19 7.75 04/01/2019 4,240,000 718,150
SM Energy Co., 5.0%, 1/15/24 5.0 01/15/2024 455,000 306,240
Ardagh Packaging Finance Plc, 9.25%, 10/15/20 (144A) 9.25 10/15/2020 2,100,000 2,427,467
WESCO Distribution, Inc., 5.375%, 12/15/21 5.375 12/15/2021 3,915,000 3,767,753
Pesquera Exalmar SAA, 7.375%, 1/31/20 (144A) 7.375 01/31/2020 6,500,000 4,198,571
Linn Energy LLC, 7.75%, 2/1/21 7.75 02/01/2021 155,000 26,012
Inversiones Alsacia SA, 8.0%, 12/31/18 (144A) 8.0 12/31/2018 5,992,701 1,550,629
LKQ Corp., 4.75%, 5/15/23 4.75 05/15/2023 1,250,000 1,179,462
Sector Re V, Ltd., 0.0%, 12/1/18 (Cat Bond) (144A) 0.0 12/01/2018 13,467 58,365
BioScrip, Inc., Initial Term B Loan, 7/31/20 6.5 07/31/2020 696,116 637,816
Alfa Bank AO Via Alfa Bond Issuance Plc, 7.5%, 9/26/19 (144A) 7.5 09/26/2019 4,000,000 4,143,847
Kilimanjaro Re, Ltd., Floating Rate Note, 11/25/19 (Cat Bond) (144A) 3.74 11/25/2019 1,000,000 1,000,283
LDK Solar Co, Ltd., 5.535%, 12/31/18 (PIK) 5.535 12/31/2018 2,329,430 354,429
Ford Motor Co.     301,939 4,254,321
Pangaea Zero% 01jul18 0.0 07/01/2018 4,070,000 73,260
Frontier Communications Corp., 8.5%, 4/15/20 8.5 04/15/2020 2,690,000 2,744,996
Talen Energy Supply LLC, 6.5%, 6/1/25 (144A) 6.5 06/01/2025 3,225,000 2,145,969
Boing Group Financing Plc, 6.625%, 7/15/19 (144A) 6.625 07/15/2019 3,285,000 3,445,596
Citigroup, Inc., Floating Rate Note (Perpetual) 5.9 12/31/2049 2,150,000 2,160,296
EP PetroEcuador via Noble Sovereign Funding I, Ltd., Floating Rate Note, 9/24/19 6.2244 09/24/2019 2,510,000 1,627,636
Cardtronics, Inc., 5.125%, 8/1/22 5.125 08/01/2022 3,100,000 3,057,698
United Group BV, 7.875%, 11/15/20 (144A) 7.875 11/15/2020 5,000,000 5,768,141
Rent-A-Center, Inc., 4.75%, 5/1/21 4.75 05/01/2021 3,010,000 2,273,804
Sri Lanka Government International Bond, 6.85%, 11/3/25 (144A) 6.85 11/03/2025 1,360,000 1,296,098
Digicel, Ltd., 6.0%, 4/15/21 (144A) 6.0 04/15/2021 3,320,000 2,839,153
Griffon Corp., 5.25%, 3/1/22 5.25 03/01/2022 6,750,000 6,555,938
Affinion Group, Inc., Tranche B Term Loan, 4/30/18 6.75 04/30/2018 2,154,613 1,995,710
Romania Government Bond, 5.85%, 4/26/23 5.85 04/26/2023 12,380,000 3,555,261
CommScope Technologies Finance LLC, 6.0%, 6/15/25 (144A) 6.0 06/15/2025 1,560,000 1,505,660
VTB Bank OJSC Via VTB Capital SA, 6.95%, 10/17/22 (144A) 6.95 10/17/2022 775,000 747,322
Halcon Resources Corp     332,637 419,123
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 7.875 10/15/2019 3,045,000 3,392,544
Grupo Famsa SAB de CV, 7.25%, 6/1/20 (144A) 7.25 06/01/2020 2,540,000 2,199,746
Citigroup, Inc., Floating Rate Note (Perpetual) 7.125 12/31/2049 140,119 3,924,733
JP Morgan Chase Commercial Mortgage Securities Trust 2007-LDP12, Floating Rate Note, 2/15/51 6.009 02/15/2051 2,100,000 2,130,453
WPX Energy, Inc., 8.25%, 8/1/23 8.25 08/01/2023 2,290,000 1,915,442
Kane Sac Zero% 15jun16 0.0 06/15/2016 1,400,000 1,399,440
Viking Cruises, Ltd., 8.5%, 10/15/22 (144A) 8.5 10/15/2022 2,860,000 2,761,171
Kenya Government International Bond, 6.875%, 6/24/24 (144A) 6.875 06/24/2024 2,530,000 2,217,132

The portfolio is actively managed, and current holdings may be different.

For fund descriptions, historical and current performance, standardized returns as of the most recent quarter-end, risk disclosure or a prospectus, please click here.

Please request a free information kit on any Pioneer fund by ordering from this web site or by calling 1-800-225-6292. The kit includes a quarterly fact sheet and a prospectus.

You should consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about each fund and should be read carefully before you invest or send money. To obtain a prospectus directly and for other information on any Pioneer fund please visit our download literature page.

 

Before investing, consider the product's investment objectives, risks, charges and expenses. Contact your advisor or Pioneer Investments for a prospectus or summary prospectus containing this information. Read it carefully. To obtain a free prospectus or summary prospectus and for information on any Pioneer fund, please download it here.

U.S. Home | Global Home | Site Map | Careers | Privacy and Security | Legal | Business Continuity
Securities offered through Pioneer Funds Distributor, Inc., 60 State Street, Boston, MA. 02109. Underwriter of Pioneer mutual funds, Member SIPC © 2016 Pioneer Investments.