Pioneer Long/Short Opportunistic Credit Fund

Top 10 Portfolio Holdings as of 1/30/2015
Default: sorted by market value

Security Name Par / Shares Market Value
Aegis Toxicology Corp 1st Lien Tl-B L + 4.5% 20feb21 49,750 $49,937
Alternative Loan Trust 2005-J4, Floating Rate Note, 7/25/35 300,000 $268,866
Arysta Lifescience SPC LLC, Initial Term Loan (First Lien), 5/29/20 74,246 $74,122
ATKORE INTERNATIONAL INC, Term Loan (First Lien), 3/27/21 34,825 $34,324
Atlantic Power LP, Term Loan, 2/20/21 45,125 $45,012
Atrium Innovations, Inc., Initial Term Loan (Second Lien), 7/29/21 75,000 $70,125
BAMLL Commercial Mortgage Securities Trust 2014-INLD, Floating Rate Note, 12/17/29 (144A) 180,000 $160,110
Banc of America Commercial Mortgage Trust 2007-5, Floating Rate Note, 2/10/51 250,000 $256,907
Bank of America Corp., 7.25% (Perpetual) 200 $235,800
Bayview Commercial Asset Trust 2004-3, Floating Rate Note, 1/25/35 (144A) 300,000 $44,824
Bear Stearns Commercial Mortgage Securities Trust 2006-PWR14, 5.273%, 12/11/38 150,000 $153,645
Caelus Re 2013, Ltd., Floating Rate Note, 4/7/20 (Cat Bond) (144A) 250,000 $263,475
CAM Mortgage Trust 2014-1, 5.5%, 12/15/53 (Step) (144A) 125,000 $80,006
CAM Mortgage Trust 2014-2, Floating Rate Note, 5/15/48 (144A) 152,000 $152,780
Caraustar Industries Inc (New) 1st Lien Tl-B1 L + 6.75% 01may19 25,000 $24,250
Carefree Portfolio Trust 2014-CARE, Floating Rate Note, 11/15/29 (144A) 120,000 $110,706
Cds: (Cdx.Na.Hy.21 35-100%) Usd 20dec18 Bnr0vhk30 -1,235,000 $-216,332
Cds: (Cdx.Na.Ig.19 0-3%) Usd 20dec17 Buy Bnr1b3mw5 655,000 $-53,396
Cds: (Cdx.Na.Ig.19 0-3%) Usd 20dec17 Buy Bnr1dwk84 400,000 $-32,608
Cds: (Itraxx.Eur.21 3-6%) Eur 20jun19 Bnr13xh46 2,500,000 $-127,125
Cds: (Itraxx.Eur.9 0-3%) Eur 20jun15 Bnr0vmf01 625,000 $-404
CENGAGE LEARNING ACQUISITIONS INC, Term Loan, 3/6/20 25,000 $24,880
Chief Exploration & Development Ll 2nd Lien Tl L + 6.5% 12may21 50,000 $44,250
Citicorp Mortgage Securities REMIC Pass-Through Certificates Trust Series 2005-3, 5.5%, 4/25/35 362,500 $4,255
Cme: (Cdx.Na.Hy.17.V6) Usd 20dec16 Z919gm1c1 -1,555,625 $-75,620
Cme: (Cdx.Na.Ig.23.V1) Usd 20dec19 Z91mv4jb8 -1,780,000 $-27,452
COBALT CMBS Commercial Mortgage Trust 2007-C2, Floating Rate Note, 4/15/47 175,000 $179,945
COBALT CMBS Commercial Mortgage Trust 2007-C3, Floating Rate Note, 5/15/46 47,000 $40,971
COBALT CMBS Commercial Mortgage Trust 2007-C3, Floating Rate Note, 5/15/46 155,000 $147,809
COMM 2006-C8 Mortgage Trust, 5.377%, 12/10/46 175,000 $178,688
Coveris Holdings SA, USD Term Loan, 4/14/19 49,500 $49,448
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 12/17/40 175,000 $176,980
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 8/15/38 300,000 $273,951
CS Intermediate Holdco 2 LLC, Term Loan, 3/28/21 29,850 $29,544
CSMC Trust 2014-SURF, Floating Rate Note, 2/15/29 (144A) 175,000 $175,647
DoubleLine Opportunistic Credit Fund 50,085 $1,296,701
DynCorp International, Inc., Term Loan, 7/7/16 33,770 $33,616
ENTEGRIS INC, Term Loan B, 3/25/21 35,552 $34,908
EQTY 2014-MZ Mezzanine Trust, Floating Rate Note, 5/9/19 (144A) 100,000 $98,486
Fieldwood Energy LLC, Closing Date Loan, 9/25/18 98,998 $91,295
First Franklin Mortgage Loan Trust 2003-FFC, Floating Rate Note, 11/25/32 800,000 $39,851
Fixed 07 Aug 2019 Usd 1.8185% -1,853,457 $
Fixed 07 Aug 2024 Usd 2.66% -1,660,004 $
Fixed 18 Jul 2019 Usd 1.801% -1,687,669 $
Float 07 Aug 2019 Usd 3m Libor 0 Bps 1,853,457 $
Float 07 Aug 2024 Usd 3m Libor 0 Bps 1,660,004 $
Float 18 Jul 2019 Usd 3m Libor 0 Bps 1,687,669 $
FR Dixie Acquisition Corp., Term Loan, 1/23/21 49,500 $40,838
GS Mortgage Securities Trust 2006-GG6, Floating Rate Note, 4/10/38 250,000 $252,135
Ice: (Itraxx.Eur.22.V1) Eur 20dec19 Z91mv4jv4 -2,500,000 $-57,600
Ice: (Itraxx.Xo.21.V1) Eur 20jun19 Z91jedh42 -2,750,000 $-393,809
Icon Brand Holdings LLC, 4.229%, 1/26/43 (144A) 50,000 $43,184
Irwin Whole Loan Home Equity Trust 2003-C, Floating Rate Note, 6/25/28 500,000 $33,143
Jonah Energy Llc 2nd Lien Tl L + 6.5% 08may21 50,020 $42,048
JPMorgan Chase Capital XXI, Floating Rate Note, 1/15/87 320,000 $260,135
JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16, 5.623%, 5/12/45 200,000 $206,271
JP Morgan Chase Commercial Mortgage Securities Trust 2013-FL3, Floating Rate Note, 4/17/28 (144A) 125,000 $125,192
JP Morgan Mortgage Trust 2014-1 REMICS, Floating Rate Note, 1/25/44 (144A) 1,000,000 $976,947
JP Morgan Mortgage Trust 2014-1 REMICS, Floating Rate Note, 1/25/44 (144A) 1,000,000 $867,997
Kilimanjaro Re, Ltd., Floating Rate Note, 4/30/18 (Cat Bond) (144A) 250,000 $253,288
LB-UBS Commercial Mortgage Trust 2005-C2, Floating Rate Note, 4/15/40 125,000 $126,002
LB-UBS Commercial Mortgage Trust 2006-C1, Floating Rate Note, 2/15/41 187,500 $191,380
Merrill Lynch Mortgage Trust 2005-CKI1, Floating Rate Note, 11/12/37 260,000 $261,741
MGM Resorts International, 4.25%, 4/15/15 225,000 $249,191
ML-CFC Commercial Mortgage Trust 2006-3, Floating Rate Note, 7/12/46 70,000 $71,753
Mythen Re, Ltd., Floating Rate Note, 5/7/15 (Cat Bond) (144A) 250,000 $259,046
New Century Home Equity Loan Trust, Floating Rate Note, 8/25/34 625,000 $61,414
NEXEO SOLUTIONS LLC, Term B-3 Loan, 9/9/17 29,700 $28,401
Nomura Asset Acceptance Corp Alternative Loan Trust Series 2004-AR2, Floating Rate Note, 10/25/34 1,250,000 $7,244
Nord Anglia Education Finance Llc Tl-B L + 3.5% 21mar21 34,825 $34,520
Outfront Media Capital LLC, Term Loan, 1/15/21 23,485 $23,098
PARTY CITY HOLDINGS INC, 2014 Replacement Term Loan, 7/27/19 35,640 $34,927
PIMCO High Income Fund 108,709 $1,324,076
Residential Reinsurance 2012, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 250,000 $258,688
Salix Pharmaceuticals, Ltd., 1.5%, 3/15/19 152,000 $320,251
SBP HOLDINGS, Ltd., Term Loan (First Lien), 3/24/21 24,875 $21,890
Scds: (Abgsm) Eur 20dec15 Buy Bnr1dt828 400,000 $-16,892
Scds: (Abgsm) Eur 20mar20 Buy Bnr1e6wq7 400,000 $-80,463
Scds: (Altice) Eur 20mar20 Buy Bnr1e99c8 250,000 $14,128
Scds: (Alufp) Eur 20mar20 Buy Bnr1ealg2 250,000 $35,940
Scds: (Apa) Usd 20mar20 Buy Bnr1e9bw1 250,000 $-8,256
Scds: (Apc) Usd 20mar20 Buy Bnr1e9bz4 500,000 $-2,221
Scds: (Argid) Eur 20mar20 Buy Bnr1e9813 250,000 $10,239
Scds: (Astim) Eur 20mar20 Buy Bnr1ealt4 250,000 $-7,715
Scds: (Bac) Usd 20mar20 Sell Bnr1eaxk0 -125,000 $-1,795
Scds: (Cle) Usd 20dec15 Buy Bnr1dt7e3 300,000 $-46,121
Scds: (Czr) Usd 20dec16 Bnr137vv7 -250,000 $203,611
Scds: (Czr) Usd 20jun15 Bnr0vpej4 250,000 $-203,611
Scds: (Do) Usd 20mar20 Buy Bnr1e9c26 500,000 $-71,421
Scds: (Dvn) Usd 20mar20 Buy Bnr1e9d33 250,000 $-689
Scds: (Fst) Usd 20mar15 Bnr0vmfg6 250,000 $-19,494
Scds: (Htz) Usd 20mar20 Buy Bnr1e97n6 260,000 $18,229
Scds: (Ihrt) Usd 20dec15 Buy Bnr1e3mh5 525,000 $-7,334
Scds: (Inegrp) Eur 20mar20 Buy Bnr1ealk3 250,000 $-5,438
Scds: (Jcp) Usd 20dec16 Buy Bnr1dy0m1 525,000 $3,885
Scds: (Jpm) Usd 20mar20 Sell Bnr1e7221 -250,000 $-3,544
Scds: (Mbi) Usd 20dec15 Buy Bnr1dwk27 250,000 $12,436
Scds: (Mbi) Usd 20mar15 Bnr0sscj4 250,000 $790
Scds: (Mtg) Usd 20mar20 Buy Bnr1e74f0 260,000 $34,452
Scds: (Nsino) Eur 20dec15 Buy Bnr1am735 250,000 $-18,079
Scds: (Nsino) Eur 20dec15 Buy Bnr1dwhz8 250,000 $-18,079
Scds: (Nsino) Eur 20mar15 Bnr0tuzw4 250,000 $-2,421
Scds: (Rdn) Usd 20mar20 Buy Bnr1e7a22 260,000 $30,613
Scds: (Rsh) Usd 20jun17 Bnr0xz7p4 -250,000 $205,644
Scds: (Shld) Usd 20dec15 Buy Bnr1dwg14 525,000 $-25,220
Scds: (Shld) Usd 20mar15 Bnr0thdt4 250,000 $-659
Scds: (Shld) Usd 20mar15 Bnr15q7z1 125,000 $-330
Scds: (Toy) Usd 20dec15 Buy Bnr1dt7a1 300,000 $-8,833
Scds: (Tport) Usd 20mar15 Bnr0st329 250,000 $2,264
Scds: (Unilab) Eur 20mar20 Buy Bnr1e7296 250,000 $459
Scds: (Unilab) Eur 20mar20 Buy Bnr1e72c9 125,000 $230
Scds: (Vuecin) Eur 20mar20 Buy Bnr1e70y3 240,000 $24,617
Scds: (Wft) Usd 20mar20 Buy Bnr1e9d66 250,000 $-42,376
Scds: (Windim) Eur 20mar20 Buy Bnr1ealn7 250,000 $12,484
Seadrill Operating LP, Initial Term Loan, 2/14/21 99,000 $78,798
Sequoia Mortgage Trust 2012-3, Floating Rate Note, 7/25/42 1,250,000 $733,039
Sequoia Mortgage Trust 2013-6, Floating Rate Note, 5/26/43 800,000 $731,754
Sequoia Mortgage Trust 2013-7, Floating Rate Note, 6/25/43 1,000,000 $906,987
Swp: Usd 1.801000 18-Jul-2019 Usd Sell -1,687,669 $-39,956
Swp: Usd 1.818500 07-Aug-2019 Usd Sell -1,853,457 $-59,456
Swp: Usd 2.660000 07-Aug-2024 Usd Sell -1,660,004 $-149,590
TAL Advantage V LLC, 4.1%, 2/22/39 100,000 $91,292
Tasc Inc/Va 1st Lien Tl-B L + 5.5% 12may20 24,937 $24,459
The Priceline Group, Inc., 1.0%, 3/15/18 200,000 $250,256
Transunion Llc 1st Lien Tl-B L + 3% 21mar21 34,738 $34,309
Trinity Industries, Inc., 3.875%, 6/1/36 185,000 $237,879
U.S. Treasury Bills, 0.0%, 2/26/15 1,290,000 $1,289,994
U.S. Treasury Bills, 0.0%, 2/5/15 845,000 $845,000
U.S. Treasury Bills, 0.0%, 3/5/15 2,000,000 $1,999,988
U.S. Treasury Bills, 0.0%, 4/16/15 1,290,000 $1,289,981
U.S. Treasury Bills, 0.0%, 4/2/15 1,290,000 $1,289,985
U.S. Treasury Bills, 0.0%, 4/23/15 875,000 $874,985
U.S. Treasury Bills, 0.0%, 4/9/15 1,290,000 $1,289,988
U.S. Treasury Floating Rate Note, 0.090001011%, 7/31/16 1,420,000 $1,420,329
United States Treasury Floating Rate Note, Floating Rate Note, 1/31/16 125,000 $125,006
United States Treasury Floating Rate Note, Floating Rate Note, 4/30/16 125,000 $125,027
Univar, Inc., Term B Loan, 6/30/17 49,485 $47,914
VOLT XXII LLC, 4.75%, 10/27/53 (Step) 125,000 $124,560
Wachovia Bank Commercial Mortgage Trust Series 2005-C22, Floating Rate Note, 12/15/44 250,000 $254,870
Wachovia Bank Commercial Mortgage Trust Series 2007-C34, Floating Rate Note, 5/15/46 125,000 $130,698
WebMD Health Corp., 1.5%, 12/1/20 275,000 $275,201
Wells Fargo Commercial Mortgage Trust 2014-TISH, Floating Rate Note, 1/15/27 (144A) 200,000 $197,183
Wesco Aircraft Hardware Corp., Tranche B Term Loan, 2/24/21 24,375 $24,055
YRC Worldwide, Inc., Initial Term Loan, 2/12/19 49,500 $48,943

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.