Pioneer Long/Short Bond Fund

Top 10 Portfolio Holdings as of 4/29/2016
Default: sorted by market value

Security Name Par / Shares Market Value
Bank of America Corp., Floating Rate Note (Perpetual) 1,065,000 $1,124,906
Beverage Packaging Holdings Luxembourg II SA, 5.625%, 12/15/16 (144A) 1,305,000 $1,329,265
BNP Paribas SA, Floating Rate Note (Perpetual) (144A) 425,000 $437,353
Caelus Re 2013, Ltd., Floating Rate Note, 4/7/17 (Cat Bond) (144A) 250,000 $254,727
Cds: (Cdx.Na.Hy.21 35-100%) Usd 20dec18 Buy Bnr0vhk30 -765,000 $-104,660
Cds: (Cdx.Na.Ig.19 0-3%) Usd 20dec17 Buy Bnr1b3mw5 645,000 $-28,583
Cds: (Cdx.Na.Ig.19 0-3%) Usd 20dec17 Buy Bnr22ut55 400,000 $-22,726
Cds: (Cdx.Na.Ig.19 0-3%) Usd 20dec17 Buy Bnr2e28w8 335,000 $-14,799
Cds: (Cdx.Na.Ig.9 0-3%) Usd 20dec17 Buy Bnr2e29w7 365,613 $-123,466
Cds: (Cdx.Na.Ig.9 0-3%) Usd 20dec17 Buy Bnr2e2a13 361,804 $-122,180
Cds: (Itraxx.Eur.21 3-6%) Eur 20jun19 Bnr13xh46 1,250,000 $-20,830
Citigroup, Inc., Floating Rate Note (Perpetual) 1,130,000 $1,141,065
Cme: (Cdx.Na.Hy.26.V1) Usd 20jun21 Z91zbuad8 -1,320,000 $-44,821
Credit Agricole SA, Floating Rate Note (Perpetual) (144A) 200,000 $208,170
Credit Agricole SA, Floating Rate Note (Perpetual) (144A) 315,000 $299,032
Fixed 06 May 2025 Usd 2.2015% -850,473 $
Fixed 07 Aug 2019 Usd 1.8185% -442,126 $
Float 06 May 2025 Usd 3m Libor 0 Bps 850,473 $
Float 07 Aug 2019 Usd 3m Libor 0 Bps 442,126 $
Freeport-McMoRan, Inc., 2.15%, 3/1/17 705,000 $696,691
Glencore Funding LLC, 1.7%, 5/27/16 (144A) 1,335,000 $1,344,645
Ice: (Itraxx.Xo.21.V3) Eur 20jun19 Z91jedh42 -1,329,158 $-132,465
Ice: (Nsino) Eur 20jun19 Z91zbud11 -22,921 $19,410
ING Groep NV, Floating Rate Note, 12/29/49 515,000 $475,424
JPMorgan Chase & Co., Floating Rate Note, 8/29/49 1,000,000 $1,123,038
JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16, 5.623%, 5/12/45 200,000 $195,385
Jun16 Mem6 P @ 1410 110 $2,475
Jun16 Mem6 P @ 1510 -110 $-4,125
Jun16 Mem6 P @ 1610 -110 $-6,875
Jun16 Mem6 P @ 1640 81 $6,075
Jun16 Mem6 P @ 1710 110 $12,925
Jun16 Mem6 P @ 1740 -81 $-11,948
Jun16 Mem6 P @ 1840 -81 $-25,920
Jun16 Mem6 P @ 1940 81 $59,940
Kilimanjaro Re, Ltd., Floating Rate Note, 4/30/18 (Cat Bond) (144A) 250,000 $250,281
Petrobras Global Finance BV, 3.5%, 2/6/17 720,000 $718,788
Residential Reinsurance 2012, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 250,000 $250,688
RMAT 2015-1 LLC, 5.0%, 7/27/20 (Step) (144A) 630,000 $608,783
Scds: (Aks) Usd 20dec16 Buy Bnr1vukr6 1,080,000 $21,257
Scds: (Aks) Usd 20dec16 Buy Bnr20eya6 310,000 $6,102
Scds: (Ally) Usd 20jun21 Buy Bnr2fxus3 190,000 $21,223
Scds: (Ally) Usd 20jun21 Buy Bnr2g3y88 905,000 $101,087
Scds: (Bbdbcn) Usd 20dec16 Buy Bnr2cl6j9 900,000 $20,669
Scds: (Bbdbcn) Usd 20dec16 Buy Bnr2dab72 430,000 $9,875
Scds: (Ftr) Usd 20jun21 Buy Bnr2ftsq9 735,000 $-25,029
Scds: (Ftr) Usd 20jun21 Buy Bnr2fttj4 585,000 $-19,921
Scds: (Hov) Usd 20dec16 Buy Bnr1zr6z7 545,000 $-281
Scds: (Hov) Usd 20dec16 Buy Bnr231u15 280,000 $3,394
Scds: (Hov) Usd 20dec16 Buy Bnr26wym4 540,000 $-279
Scds: (Ihrt) Usd 20dec16 Buy Bnr1uyk32 825,000 $-166,810
Scds: (Jcp) Usd 20dec16 Buy Bnr22utb2 525,000 $17,511
Scds: (Mbi) Usd 20dec16 Buy Bnr1v0hu9 335,200 $-18,179
Scds: (Mbi) Usd 20dec20 Sell Bnr1ztpb5 -335,200 $102,760
Scds: (Mni) Usd 20jun16 Buy Bnr1kuy93 540,000 $4,546
Scds: (Nsino) Eur 20sep17 Sell Bnr1wr839 -1,450,000 $324,463
Scds: (Nsino) Eur 20sep20 Buy Bnr1wr862 1,450,000 $-1,211,280
Scds: (Petbra) Usd 20dec16 Buy Bnr2day44 650,000 $-7,897
Scds: (Shld) Usd 20dec16 Buy Bnr22uus3 820,000 $-34,074
Scds: (Tckbcn) Usd 20dec16 Buy Bnr26t8y4 1,325,000 $33,589
Scds: (Wft) Usd 20dec16 Buy Bnr2db3l8 655,000 $-2,950
Sprint Communications, Inc., 6.0%, 12/1/16 1,265,000 $1,302,739
Swp: Usd 1.818500 07-Aug-2019 Usd Sell -442,126 $-11,982
Swp: Usd 2.201500 06-May-2025 Usd Sell -850,473 $-49,237
Tbill Zero% 19may16 4,150,000 $4,149,697
Transocean, Inc., 5.55%, 12/15/16 1,280,000 $1,316,826
U.S. Treasury Bills, 0.0%, 6/2/16 500,000 $499,936
U.S. Treasury Floating Rate Note, 0.370227673%, 7/31/16 2,535,000 $2,537,624
U.S. Treasury Inflation Indexed Bonds, 1.375%, 2/15/44 0 $3,155
United States Treasury Floating Rate Note, Floating Rate Note, 1/31/17 2,535,000 $2,537,735
United States Treasury Floating Rate Note, Floating Rate Note, 1/31/18 2,535,000 $2,543,832
United States Treasury Floating Rate Note, Floating Rate Note, 10/31/16 2,535,000 $2,537,197
United States Treasury Floating Rate Note, Floating Rate Note, 10/31/17 2,380,000 $2,384,946
United States Treasury Floating Rate Note, Floating Rate Note, 4/30/17 2,535,000 $2,537,228
United States Treasury Floating Rate Note, Floating Rate Note, 7/31/17 2,230,000 $2,231,518
Williams Partners LP, 7.25%, 2/1/17 835,000 $875,632

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.