Pioneer Global Multisector Income Fund

Top 10 Portfolio Holdings as of 10/31/2014
Default: sorted by market value

Security Name Par / Shares Market Value
Access Bank Plc, Floating Rate Note, 6/24/21 (144A) 200,000 $207,526
Activision Blizzard, Inc., 6.125%, 9/15/23 (144A) 50,000 $54,516
Aguila 3 SA, 7.875%, 1/31/18 (144A) 150,000 $153,361
Air Canada 2013-1 Class A Pass Through Trust, 4.125%, 11/15/26 (144A) 100,000 $99,960
Alexandria Real Estate Equities, Inc., 4.6%, 4/1/22 40,000 $42,348
Alpha Natural Resources, Inc., 6.0%, 6/1/19 45,000 $23,625
Alternative Loan Trust 2003-14T1, Floating Rate Note, 8/25/18 169,231 $6,904
Alternative Loan Trust 2004-4CB, 4.25%, 4/25/34 275,000 $10,642
Altrl Flt% 30jun16 50,000 $53,730
AngloGold Ashanti Holdings Plc, 5.375%, 4/15/20 35,000 $34,671
Anheuser-Busch InBev Worldwide, Inc., 7.75%, 1/15/19 20,000 $24,711
Austria Government Bond, 4.15%, 3/15/37 (144A) 50,000 $92,106
Aviation Capital Group Corp., 6.75%, 4/6/21 (144A) 55,000 $62,958
AXA Bank Europe SCF, 3.5%, 11/5/20 50,000 $75,848
AXA SA, 8.6%, 12/15/30 60,000 $82,724
B&G Foods, Inc., 4.625%, 6/1/21 50,000 $50,089
Banc of America Alternative Loan Trust 2003-10, Floating Rate Note, 12/25/33 140,000 $7,803
Banc of America Alternative Loan Trust 2003-2, 5.75%, 4/25/33 173,000 $18,595
Banc of America Alternative Loan Trust 2003-7, 5.5%, 9/25/33 250,000 $51,430
Banc of America Alternative Loan Trust 2004-10, 5.5%, 11/25/19 125,000 $17,429
Banc of America Alternative Loan Trust 2004-6, 5.0%, 7/25/19 100,000 $14,559
Banc of America Mortgage Trust 2004-11, 5.75%, 1/25/35 140,000 $13,504
Banc of America Mortgage Trust 2004-9, 5.5%, 11/25/34 25,000 $12,136
Bank of America Corp., 7.75%, 5/14/38 100,000 $141,896
Bankrate, Inc., 6.125%, 8/15/18 (144A) 100,000 $99,293
Baylor University, 4.313%, 3/1/42 25,000 $25,250
Bayview Commercial Asset Trust 2007-2, 0.0%, 7/25/37 (Step) (144A) 250,000 $0
Bayview Commercial Asset Trust 2007-4, 3.515649%, 9/25/37 (Step) (144A) 150,000 $3,922
BCMSC Trust 1998-A, 6.65%, 4/15/28 170,000 $4,206
Bear Stearns Asset Backed Securities Trust, 8.41%, 10/25/29 (Step) 2,632,500 $67,375
Berau Coal Energy Tbk PT, 7.25%, 3/13/17 (144A) 25,000 $17,367
BM&FBovespa SA, 5.5%, 7/16/20 (144A) 100,000 $108,854
Bowdoin College, 4.693%, 7/1/12 25,000 $24,819
Brazil Minas SPE via State of Minas Gerais, 5.333%, 2/16/28 (144A) 200,000 $203,252
British Sky Broadcasting Group Plc, 6.1%, 2/15/18 (144A) 25,000 $28,448
Buckeye Partners LP, 6.05%, 1/15/18 25,000 $28,288
Bundesschatzanweisungen, 0.25%, 3/11/16 215,000 $270,930
Burger King Worldwide Inc 2nd Lien Bridge L + 0% 26aug15 100,000 $100,000
Burlington Northern Santa Fe LLC, 5.75%, 3/15/18 25,000 $28,566
California Statewide Communities Development Authority, 6.0%, 8/15/42 50,000 $61,087
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 56,000 $61,912
Capital Auto Receivables Asset Trust/ Ally, 1.74%, 10/22/18 50,000 $50,148
Carlyle Holdings II Finance LLC, 5.625%, 3/30/43 (144A) 25,000 $28,382
Carrizo Oil & Gas, Inc., 7.5%, 9/15/20 (144A) 25,000 $25,490
Carrizo Oil & Gas, Inc., 8.625%, 10/15/18 50,000 $52,192
Cemex SAB de CV, 5.875%, 3/25/19 (144A) 150,000 $156,319
CHL Mortgage Pass-Through Trust 2003-56, Floating Rate Note, 12/25/33 154,300 $8,600
Citicorp Residential Mortgage Trust Series 2006-3, 5.703%, 11/25/36 (Step) 75,000 $41,156
Citigroup, Inc., Floating Rate Note (Perpetual) 3,000 $81,180
Citigroup, Inc., Floating Rate Note (Perpetual) 15,000 $15,132
Citigroup Capital XIII, Floating Rate Note, 10/30/40 5,917 $157,511
Citigroup Commercial Mortgage Trust 2007-FL3, Floating Rate Note, 4/15/22 (144A) 50,000 $26,554
Citigroup Mortgage Loan Trust, Inc., 6.75%, 9/25/34 125,000 $25,862
City Center Trust 2011-CCHP, Floating Rate Note, 7/15/28 (144A) 100,000 $100,100
CKE Restaurant Holdings, Inc., 4.474%, 3/20/43 (144A) 50,000 $50,022
CoBank ACB, Floating Rate Note (Perpetual) (144A) 500 $52,266
Colbun SA, 4.5%, 7/10/24 (144A) 200,000 $204,303
COMM 2012-LC4 Mortgage Trust, 4.063%, 12/12/44 100,000 $105,791
COMM 2013-LC6 Mortgage Trust, 2.941%, 1/12/46 50,000 $49,792
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Australia, 6.0%, 10/29/15 100,000 $90,331
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Netherlands, 3.875%, 2/8/22 75,000 $79,669
Corporate Office Properties LP, 3.6%, 5/15/23 25,000 $24,488
Countrywide Asset-Backed Certificates, Floating Rate Note, 1/25/36 26,600 $2,749
Countrywide Asset-Backed Certificates, Floating Rate Note, 12/25/35 127,000 $24,772
Credit Suisse Commercial Mortgage Trust Series 2007-C1, 5.361%, 2/15/40 50,000 $36,709
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 12/25/33 50,000 $1,960
Croatia Government International Bond, 5.5%, 4/4/23 (144A) 200,000 $210,201
Crown Castle Towers LLC, 4.883%, 8/15/20 (144A) 30,000 $33,173
Cummins, Inc., 5.65%, 3/1/98 60,000 $69,713
Cummins, Inc., 6.75%, 2/15/27 10,000 $12,856
CVS Pass-Through Trust, 5.773%, 1/10/33 (144A) 15,000 $15,634
CWABS Asset-Backed Certificates Trust 2005-4, Floating Rate Note, 9/27/32 250,000 $10,713
DBUBS 2011-LC3 Mortgage Trust, Floating Rate Note, 8/12/44 (144A) 100,000 $112,782
DCP Midstream LLC, 9.75%, 3/15/19 (144A) 25,000 $32,291
DCP Midstream LLC, Floating Rate Note, 5/21/43 (144A) 50,000 $50,675
Delphi Financial Group, Inc., 7.875%, 1/31/20 35,000 $42,374
Delta Air Lines 2010-2 Class A Pass Through Trust, 4.95%, 5/23/19 15,000 $11,820
Digital Realty Trust LP, 4.5%, 7/15/15 20,000 $20,585
Domino's Pizza Master Issuer LLC, 5.216%, 1/25/42 (144A) 100,000 $102,074
DuPont Fabros Technology LP, 5.875%, 9/15/21 50,000 $52,375
Eastman Chemical Co., 4.8%, 9/1/42 20,000 $20,066
Ecuador Government International Bond, 7.95%, 6/20/24 (144A) 200,000 $215,286
Electricite de France SA, 6.0%, 1/22/14 (144A) 100,000 $113,924
Empresa de Telecomunicaciones de Bogota, 7.0%, 1/17/23 (144A) 124,000,000 $60,283
Enel S.p.A., Floating Rate Note, 9/24/73 (144A) 200,000 $235,299
EnLink Midstream Partners LP, 4.4%, 4/1/24 90,000 $95,043
Entegris, Inc., 6.0%, 4/1/22 (144A) 25,000 $25,563
EP Energy LLC, 9.375%, 5/1/20 50,000 $56,969
European Bank for Reconstruction & Development, 6.0%, 3/3/16 850,000 $14,031
European Bank for Reconstruction & Development, 7.65%, 2/18/15 700,000 $12,004
European Investment Bank, 0.0%, 3/2/15 65,000 $28,525
Expedia, Inc., 5.95%, 8/15/20 50,000 $56,378
Export-Import Bank of Korea, 5.875%, 1/14/15 100,000 $102,763
Fannie Mae, 3.0%, 11/18/14 60,000 $62,312
Fannie Mae, 3.5%, 11/18/14 58,000 $61,376
Fannie Mae, 3.5%, 5/1/44 250,000 $257,441
Fannie Mae, 3.5%, 9/1/42 270,000 $212,819
Fannie Mae, 4.5%, 4/1/41 80,000 $37,504
Fannie Mae, 5.0%, 6/1/40 100,000 $38,429
Federal Home Loan Mortgage Corp., 4.0%, 1/1/44 284,000 $280,283
Federal Home Loan Mortgage Corp., 4.0%, 5/1/44 500,000 $515,092
Federal Home Loan Mortgage Corp., 4.5%, 6/1/41 327,809 $100,371
Federal Home Loan Mortgage Corp., 5.0%, 10/1/38 750,000 $76,128
Federal Home Loan Mortgage Corp., 5.0%, 9/1/38 670,000 $65,195
Federal Home Loan Mortgage Corp., 6.0%, 8/1/37 345,434 $49,528
Federal Home Loan Mortgage Corp., 6.5%, 1/1/38 370,134 $30,982
Federal Home Loan Mortgage Corp., 6.5%, 4/1/38 500,000 $111,394
Federal Home Loan Mortgage Corp., Floating Rate Note, 9/26/44 (144A) 100,000 $103,550
Federal Home Loan Mortgage Corp. REMICS, 5.0%, 6/15/34 40,000 $1,958
Federal National Mortgage Association REMICS, 4.5%, 6/25/29 20,000 $17,485
Federal National Mortgage Association REMICS, 6.0%, 3/25/35 225,000 $6,159
First Investors Auto Owner Trust 2013-1, 2.02%, 1/15/19 (144A) 25,000 $25,111
First NLC Trust 2005-2, Floating Rate Note, 9/25/35 50,000 $16,987
Flextronics International, Ltd., 4.625%, 2/15/20 100,000 $102,476
Freeport-McMoRan, Inc., 3.875%, 3/15/23 35,000 $34,766
Freeport-McMoran Oil & Gas LLC, 6.75%, 2/1/22 45,000 $50,597
FREMF Mortgage Trust 2010-K9 REMICS, Floating Rate Note, 9/25/45 (144A) 45,000 $49,917
FREMF Mortgage Trust 2011-K12, Floating Rate Note, 1/25/46 (144A) 25,000 $26,563
FREMF Mortgage Trust 2011-K701, Floating Rate Note, 7/25/48 (144A) 25,000 $26,396
FREMF Mortgage Trust 2011-K702, Floating Rate Note, 4/25/44 (144A) 25,000 $26,863
FREMF Mortgage Trust 2011-K703, Floating Rate Note, 7/25/44 (144A) 50,000 $53,931
Frontier Communications Corp., 8.5%, 4/15/20 30,000 $34,688
Fx Vanilla Option Call Usd/Put Try 2.95 12 01 2015 Tr -84,202 $-1
GATX Corp., 6.0%, 2/15/18 40,000 $45,236
GCI, Inc., 6.75%, 6/1/21 50,000 $51,156
General Cable Corp., 4.5%, 11/15/29 (Step) 56,000 $38,157
General Electric Capital Corp., Floating Rate Note (Perpetual) 100,000 $119,192
Ghana Government Bond, 16.9%, 3/7/16 10,000 $2,965
Glencore Funding LLC, 4.125%, 5/30/23 (144A) 25,000 $25,334
GLP Capital LP, 4.375%, 11/1/18 50,000 $52,469
GMAC Capital Trust I, Floating Rate Note, 2/15/40 850 $22,721
Goldcorp, Inc., 3.7%, 3/15/23 35,000 $33,893
Government National Mortgage Association, 4.5%, 9/20/39 50,000 $54,472
Government National Mortgage Association, 5.25%, 8/16/35 10,000 $18,059
Government National Mortgage Association, Floating Rate Note, 2/16/53 250,000 $17,866
Government National Mortgage Association, Floating Rate Note, 8/16/52 300,000 $17,581
Government National Mortgage Association, Floating Rate Note, 9/16/52 350,000 $25,750
Government National Mortgage Association I, 4.5%, 1/15/40 100,000 $61,640
Government National Mortgage Association I, 4.5%, 7/15/41 100,000 $59,003
Government National Mortgage Association I, 4.5%, 9/15/40 100,000 $63,126
Government National Mortgage Association II, 4.5%, 9/20/41 160,000 $83,299
Government National Mortgage Association REMICS, Floating Rate Note, 11/16/54 100,000 $9,271
GS Mortgage Securities Corp II, 3.682%, 2/12/46 (144A) 25,000 $25,189
GS Mortgage Securities Trust 2006-GG8 REMICS, 5.56%, 11/10/39 50,000 $53,579
GS Mortgage Securities Trust 2012-GCJ7, 3.377%, 5/12/45 50,000 $51,847
GSR Mortgage Loan Trust 2003-9, Floating Rate Note, 8/25/33 1,000,000 $67,592
GTP Acquisition Partners I LLC, 4.347%, 6/15/41 (144A) 45,000 $46,075
Highwoods Realty LP, 3.625%, 1/15/23 35,000 $35,237
Holcim US Finance Sarl & Cie SCS, 6.0%, 12/30/19 (144A) 30,000 $35,245
Hologic, Inc., 2.0%, 12/15/37 (Step) 59,000 $74,011
Hospitality Properties Trust, 5.0%, 8/15/22 10,000 $10,647
Indianapolis Airport Authority, 5.1%, 1/15/17 20,000 $22,091
Indonesia Treasury Bond, 6.125%, 5/15/28 222,000,000 $15,427
Indonesia Treasury Bond, 7.0%, 5/15/27 200,000,000 $15,458
Indonesia Treasury Bond, 7.375%, 9/15/16 2,500,000,000 $208,123
Indonesia Treasury Bond, 8.25%, 6/15/32 1,210,000,000 $100,069
Inter-American Development Bank, 4.5%, 2/4/16 850,000,000 $70,192
Inter-American Development Bank, 6.0%, 9/5/17 700,000 $11,610
International Bank for Reconstruction & Development, 5.75%, 10/21/19 185,000 $180,674
International Finance Corp., 5.0%, 12/21/15 200,000 $79,814
International Finance Corp., 7.75%, 12/3/16 3,790,000 $64,955
International Finance Corp., 8.25%, 6/10/21 9,500,000 $175,570
International Game Technology, 7.5%, 6/15/19 25,000 $28,394
Intesa Sanpaolo S.p.A., 6.5%, 2/24/21 (144A) 100,000 $117,243
Ireland Government Bond, 5.0%, 10/18/20 35,000 $54,347
Irwin Home Equity Loan Trust 2005-1, 5.32%, 6/25/35 (Step) 62,000 $8,808
Italy Buoni Poliennali Del Tesoro, 4.75%, 8/1/23 (144A) 100,000 $152,584
Ivory Coast Government International Bond, 5.375%, 7/23/24 (144A) 200,000 $195,966
Japan Government Ten Year Bond, 1.0%, 12/20/21 20,000,000 $188,407
Japan Government Twenty Year Bond, 1.5%, 3/20/19 20,000,000 $189,318
JobsOhio Beverage System, 3.985%, 1/1/29 70,000 $72,669
JobsOhio Beverage System, 4.532%, 1/1/35 20,000 $21,655
JPMorgan Chase & Co., 4.25%, 11/2/18 100,000 $78,269
JPMorgan Chase & Co., Floating Rate Note (Perpetual) 125,000 $121,656
JP Morgan Chase Commercial Mortgage Securities Trust 2006-FL2, Floating Rate Note, 11/15/18 (144A) 125,000 $40,380
JP Morgan Chase Commercial Mortgage Securities Trust 2011-C5, 4.1712%, 8/17/46 35,000 $38,068
JP Morgan Mortgage Trust 2004-A1, Floating Rate Note, 2/25/34 150,000 $13,223
JP Morgan Mortgage Trust 2004-A2, Floating Rate Note, 5/25/34 1,500,000 $101,887
JP Morgan Mortgage Trust 2004-S1, 5.0%, 9/25/34 301,475 $17,865
JP Morgan Mortgage Trust 2004-S1, 6.0%, 9/25/34 82,200 $15,534
KB Home, 1.375%, 2/1/19 50,000 $48,391
Kinder Morgan Energy Partners LP, 4.15%, 3/1/22 70,000 $72,035
KKR Group Finance Co II LLC, 5.5%, 2/1/43 (144A) 100,000 $111,052
KLA-Tencor Corp., 6.9%, 5/1/18 25,000 $29,807
Kraft Foods Group, Inc., 3.5%, 6/6/22 70,000 $72,628
Linn Energy LLC, 6.25%, 11/1/19 90,000 $85,755
Linn Energy LLC, 8.625%, 4/15/20 51,000 $51,323
Lorillard Tobacco Co., 3.75%, 5/20/23 20,000 $20,234
Macquarie Bank, Ltd., 6.625%, 4/7/21 (144A) 100,000 $115,237
Macquarie Group, Ltd., 6.0%, 1/14/20 (144A) 10,000 $11,455
Malaysia Government Bond, 3.418%, 8/15/22 507,000 $151,036
Marathon Oil Corp., 5.9%, 3/15/18 23,000 $26,148
Masco Corp., 5.95%, 3/15/22 25,000 $27,690
Masco Corp., 7.125%, 3/15/20 85,000 $97,886
Massachusetts Development Finance Agency, 5.25%, 4/1/37 25,000 $28,857
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 25,000 $34,814
Massachusetts Institute of Technology, 5.6%, 7/1/11 25,000 $33,043
MASTR Alternative Loan Trust 2004-13, 4.5%, 1/25/15 200,000 $4
MASTR Alternative Loan Trust 2004-6, 6.0%, 7/25/34 200,000 $40,392
MASTR Seasoned Securitization Trust 2005-1, Floating Rate Note, 9/25/32 700,000 $47,502
Mastr Specialized Loan Trust, Floating Rate Note, 10/25/34 50,000 $51,597
MedAssets, Inc., 8.0%, 11/15/18 75,000 $80,579
Metinvest BV, 10.25%, 5/20/15 (144A) 100,000 $84,104
Mexican Bonos, 6.5%, 6/9/22 1,050,000 $83,532
Mexican Bonos, 7.5%, 6/3/27 300,000 $25,246
Mexican Udibonos, 2.0%, 6/9/22 678,200 $259,764
Mexican Udibonos, 3.5%, 12/14/17 900,000 $380,263
ML-CFC Commercial Mortgage Trust 2006-3, Floating Rate Note, 7/12/46 75,000 $77,021
Mohawk Industries, Inc., 3.85%, 2/1/23 25,000 $25,515
Mondelez International, Inc., 6.5%, 2/9/40 32,000 $41,213
Montpelier Re Holdings, Ltd., 4.7%, 10/15/22 50,000 $52,362
Morgan Stanley, 4.1%, 5/22/23 75,000 $77,058
Morgan Stanley, 4.875%, 11/1/22 50,000 $54,467
Nakilat, Inc., 6.267%, 12/31/33 (144A) 100,000 $105,672
New Century Home Equity Loan Trust 2005-1, Floating Rate Note, 3/25/35 60,000 $9,567
New Zealand Government Bond, 5.5%, 4/15/23 490,000 $422,839
Norway Government Bond, 2.0%, 5/24/23 1,800,000 $270,491
Norway Government Bond, 4.25%, 5/19/17 965,000 $156,574
Norway Government Bond, 4.5%, 5/22/19 1,490,000 $255,001
Norway Government Bond, 5.0%, 5/15/15 1,675,000 $259,290
NRP Mortgage Trust 2013-1, Floating Rate Note, 7/25/43 (144A) 50,000 $47,199
OneBeacon US Holdings, Inc., 4.6%, 11/9/22 20,000 $21,144
Origen Manufactured Housing Contract Trust 2004-A, Floating Rate Note, 1/15/35 30,000 $13,036
Pangaea Zero% 01jul18 30,000 $31,404
Panoche Energy Center LLC, 6.885%, 7/31/29 (144A) 40,000 $39,679
Paragon Secured Finance Plc, Floating Rate Note, 11/15/35 400,000 $94,606
Permanent Master Issuer Plc, Floating Rate Note, 7/15/42 100,000 $125,952
Permanent University Fund, 5.0%, 7/1/30 20,000 $24,779
Petroleos Mexicanos, 7.19%, 9/12/24 (144A) 3,730,000 $282,613
Piedmont Operating Partnership LP, 3.4%, 6/1/23 50,000 $49,078
Plains All American Pipeline LP, 6.125%, 1/15/17 25,000 $28,031
Platinum Underwriters Finance, Inc., 7.5%, 6/1/17 40,000 $46,145
Poland Government Bond, 5.25%, 10/25/17 1,000,000 $326,053
Poland Government Bond, 5.5%, 4/25/15 1,000,000 $311,015
Poland Government International Bond, 4.0%, 1/22/24 100,000 $106,181
Post Holdings, Inc., 7.375%, 2/15/22 150,000 $156,085
Pride International, Inc., 6.875%, 8/15/20 25,000 $29,586
Protective Life Corp., 7.375%, 10/15/19 45,000 $54,966
Province of Ontario Canada, 6.25%, 6/16/15 100,000 $80,868
Prudential Financial, Inc., Floating Rate Note, 9/15/42 100,000 $106,751
Public Service Co of New Mexico, 7.95%, 5/15/18 70,000 $86,002
Queensland Treasury Corp., 5.75%, 7/22/24 100,000 $103,372
Questar Pipeline Co., 5.83%, 2/1/18 10,000 $11,402
RAAC Series 2004-SP2 Trust, 6.0%, 1/25/32 900,000 $35,959
RALI Series 2002-QS16 Trust, Floating Rate Note, 10/25/17 650,000 $11,524
RALI Series 2004-QS13 Trust, 5.0%, 9/25/19 200,000 $22,771
RALI Series 2004-QS1 Trust, 4.25%, 1/25/34 1,322,000 $6,573
RALI Series 2004-QS1 Trust, Floating Rate Note, 1/25/34 206,000 $1,672
Range Resources Corp., 5.0%, 3/15/23 100,000 $105,139
Raymond James Financial, Inc., 4.25%, 4/15/16 25,000 $26,207
Residential Asset Securitization Trust 2004-A10, 5.5%, 2/25/35 200,000 $5,016
Residential Asset Securitization Trust 2004-A9, 5.75%, 12/25/34 50,000 $19,806
RESI Finance LP, Floating Rate Note, 9/10/35 (144A) 100,000 $18,843
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 2,000,000 $6,448
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 19,000,000 $87,177
Romania Government Bond, 5.85%, 4/26/23 770,000 $259,085
Romania Government Bond, 5.95%, 6/11/21 800,000 $264,767
Rowan Companies, Inc., 4.75%, 1/15/24 100,000 $100,988
Russian Federal Bond - OFZ, 7.5%, 3/15/18 4,200,000 $91,709
Santander Drive Auto Receivables Trust 2012-1, 3.78%, 11/15/17 30,000 $30,544
Scotiabank Peru SAA, Floating Rate Note, 12/13/27 (144A) 50,000 $49,488
Senior Housing Properties Trust, 6.75%, 4/15/20 45,000 $51,521
Sequoia Mortgage Trust 2005-2, Floating Rate Note, 3/20/35 225,000 $23,270
Sequoia Mortgage Trust 2013-4, Floating Rate Note, 4/25/43 25,000 $21,840
Sirius International Group, Ltd., Floating Rate Note (Perpetual) (144A) 95,000 $102,144
Southern California Edison Co., Floating Rate Note (Perpetual) 50,000 $55,823
Spectra Energy Capital LLC, 6.2%, 4/15/18 25,000 $28,316
Spectra Energy Capital LLC, 6.75%, 7/15/18 10,000 $11,572
Springleaf Funding Trust 2013-A, 2.58%, 9/15/21 (144A) 100,000 $100,801
Stanley Black & Decker, Inc., Floating Rate Note, 12/15/53 50,000 $54,961
State Street Corp., Floating Rate Note, 12/31/73 1,000 $26,100
Structured Asset Securities Corp., 4.77%, 10/25/34 (Step) 50,000 $4,284
Structured Asset Securities Corp Mor Cer Ser 2003-31A, Floating Rate Note, 10/25/33 300,000 $32,333
Sunoco Logistics Partners Operations LP, 6.1%, 2/15/42 60,000 $68,587
Telefonica Emisiones SAU, 5.496%, 4/1/16 50,000 $69,249
Terwin Mortgage Trust Series TMTS 2005-16HE, 4.761%, 9/25/36 (Step) 300,000 $61,548
The Allstate Corp., Floating Rate Note, 1/15/53 2,225 $54,691
The Allstate Corp., Floating Rate Note, 5/15/57 110,000 $125,053
The Hanover Insurance Group, Inc., 7.5%, 3/1/20 50,000 $59,834
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 115,000 $127,463
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 65,000 $65,660
The Williams Companies, Inc., 7.75%, 6/15/31 13,000 $15,539
TimberStar Trust 1 REMICS, 5.668%, 10/15/36 (144A) 50,000 $53,930
T-Mobile USA, Inc., 6.625%, 11/15/20 75,000 $81,322
Tufts University, 5.017%, 4/15/12 75,000 $82,581
U.S. Treasury Bonds, 4.5%, 2/15/36 60,000 $76,594
U.S. Treasury Bonds, 4.5%, 8/15/39 60,000 $76,805
U.S. Treasury Inflation Indexed Bonds, 0.125%, 7/15/24 475,000 $462,941
U.S. Treasury Notes, 0.375%, 10/31/16 400,000 $399,079
U.S. Treasury Notes, 1.5%, 10/31/19 1,000,000 $994,652
U.S. Treasury Notes, 2.375%, 8/15/24 700,000 $702,573
Union Andina de Cementos SAA, 5.875%, 10/30/21 (144A) 150,000 $152,304
Unison Ground Lease Funding LLC, 2.981%, 3/16/43 (144A) 25,000 $25,282
United Airlines 2013-1 Class B Pass Through Trust, 5.375%, 8/15/21 75,000 $76,601
United Kingdom Gilt, 4.25%, 9/7/39 70,000 $139,111
United Kingdom Gilt, 8.75%, 8/25/17 75,000 $147,877
University of California, 3.38%, 5/15/28 50,000 $50,482
US Airways 2013-1 Class A Pass Through Trust, 3.95%, 5/15/27 100,000 $102,571
US Bancorp, Floating Rate Note (Perpetual) 4,350 $117,711
Valero Energy Corp., 9.375%, 3/15/19 21,000 $27,042
Valmont Industries, Inc., 6.625%, 4/20/20 7,000 $8,292
Verizon Communications, Inc., 5.012%, 8/21/54 (144A) 38,000 $39,039
Verizon Communications, Inc., 6.55%, 9/15/43 40,000 $50,759
VimpelCom Holdings BV, 9.0%, 2/13/18 (144A) 5,000,000 $109,626
Viterra, Inc., 5.95%, 8/1/20 (144A) 50,000 $56,898
Volcan Cia Minera SAA, 5.375%, 2/2/22 (144A) 50,000 $50,227
WaMu Mortgage Pass-Through Certificates Series 2004-AR14 Trust, Floating Rate Note, 1/25/35 235,000 $50,324
Weatherford International, Ltd. Bermuda, 5.95%, 4/15/42 25,000 $26,526
Weatherford International, Ltd. Bermuda, 9.625%, 3/1/19 25,000 $32,348
Wells Fargo & Co., 7.5% (Perpetual) 80 $96,320
Wells Fargo Mortgage Backed Securities 2006-16 Trust, 5.0%, 11/25/36 100,000 $5,144
West Corp., Term B-10 Loan, 6/30/18 42,977 $42,407
West Penn Power Co., 5.95%, 12/15/17 (144A) 10,000 $11,514
Wilton Re Finance LLC, Floating Rate Note, 3/30/33 (144A) 25,000 $26,126
WireCo WorldGroup, Inc., 9.5%, 5/15/17 25,000 $26,595
Zambia Government International Bond, 5.375%, 9/20/22 (144A) 200,000 $192,644

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.