Pioneer Global Multisector Income Fund

Top 10 Portfolio Holdings as of 5/30/2014
Default: sorted by market value

Security Name Par / Shares Market Value
Activision Blizzard, Inc., 6.125%, 9/15/23 (144A) 50,000 $55,772
Aguila 3 SA, 7.875%, 1/31/18 (144A) 150,000 $163,031
Air Canada 2013-1 Class A Pass Through Trust, 4.125%, 11/15/26 (144A) 100,000 $98,399
Alexandria Real Estate Equities, Inc., 4.6%, 4/1/22 40,000 $42,864
Alpha Natural Resources, Inc., 6.0%, 6/1/19 45,000 $33,075
Altair Re, Floating Rate Note, 4/30/16 (Cat Bond) 16,836 $20,671
Alternative Loan Trust 2003-14T1, Floating Rate Note, 8/25/18 169,231 $7,995
Alternative Loan Trust 2004-28CB, 5.5%, 1/25/35 50,000 $5,729
Alternative Loan Trust 2004-4CB, 4.25%, 4/25/34 275,000 $14,441
Altrl Flt% 30jun16 50,000 $51,460
AngloGold Ashanti Holdings Plc, 5.375%, 4/15/20 35,000 $35,410
Anheuser-Busch InBev Worldwide, Inc., 7.75%, 1/15/19 20,000 $25,502
Astoria Financial Corp., 5.0%, 6/19/17 50,000 $55,222
Audatex North America, Inc., 6.0%, 6/15/21 (144A) 50,000 $54,633
Austria Government Bond, 4.15%, 3/15/37 (144A) 50,000 $89,811
Aviation Capital Group Corp., 6.75%, 4/6/21 (144A) 55,000 $62,010
AXA Bank Europe SCF, 3.5%, 11/5/20 50,000 $79,194
AXA SA, 8.6%, 12/15/30 60,000 $82,787
B&G Foods, Inc., 4.625%, 6/1/21 50,000 $50,906
Banc of America Alternative Loan Trust 2003-10, Floating Rate Note, 12/25/33 140,000 $10,229
Banc of America Alternative Loan Trust 2003-2, 5.75%, 4/25/33 173,000 $20,485
Banc of America Alternative Loan Trust 2003-7, 5.5%, 9/25/33 250,000 $55,439
Banc of America Alternative Loan Trust 2004-10, 5.5%, 11/25/19 125,000 $19,441
Banc of America Alternative Loan Trust 2004-2, 6.0%, 3/25/34 55,000 $15,095
Banc of America Alternative Loan Trust 2004-6, 5.0%, 7/25/19 90,000 $14,365
Banc of America Funding 2005-8 Trust, 5.5%, 1/25/36 100,000 $32,171
Banc of America Mortgage 2005-H Trust, Floating Rate Note, 9/25/35 28,000 $6,411
Banc of America Mortgage Trust 2004-11, 5.75%, 1/25/35 140,000 $16,254
Banc of America Mortgage Trust 2004-9, 5.5%, 11/25/34 25,000 $13,564
Bank of America Corp., 7.75%, 5/14/38 100,000 $137,752
Bankrate, Inc., 6.125%, 8/15/18 (144A) 100,000 $108,178
Baylor University, 4.313%, 3/1/42 25,000 $24,551
Bayview Commercial Asset Trust, 3.855%, 9/25/37 (Step) (144A) 150,000 $5,550
Bayview Commercial Asset Trust, 4.13574%, 7/25/37 (Step) (144A) 250,000 $718
BCMSC Trust 1998-A, 6.65%, 4/15/28 170,000 $7,434
Bear Stearns Asset Backed Securities Trust, 8.41%, 10/25/29 (Step) 2,632,500 $78,039
Berau Coal Energy Tbk PT, 7.25%, 3/13/17 (144A) 25,000 $24,200
Bombardier, Inc., 4.25%, 1/15/16 (144A) 50,000 $52,740
Bowdoin College, 4.693%, 7/1/12 25,000 $24,334
Brazil Minas SPE via State of Minas Gerais, 5.333%, 2/15/28 (144A) 200,000 $203,611
British Sky Broadcasting Group Plc, 6.1%, 2/15/18 (144A) 25,000 $28,952
Buckeye Partners LP, 6.05%, 1/15/18 25,000 $28,983
Bundesschatzanweisungen, 0.25%, 3/11/16 215,000 $294,310
Burlington Northern Santa Fe LLC, 5.75%, 3/15/18 25,000 $29,067
California Statewide Communities Development Authority, 6.0%, 8/15/42 50,000 $61,068
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 56,000 $60,274
Capital Auto Receivables Asset Trust/ Ally, 1.74%, 10/22/18 50,000 $50,169
Carlyle Holdings II Finance LLC, 5.625%, 3/30/43 (144A) 25,000 $28,003
Carrizo Oil & Gas, Inc., 8.625%, 10/15/18 50,000 $53,676
Cemex SAB de CV, 5.875%, 3/25/19 (144A) 150,000 $157,591
CHL Mortgage Pass-Through Trust 2003-56, Floating Rate Note, 12/25/33 154,300 $9,727
Citicorp Mortgage Securities Trust Series 2006-1, 5.0%, 2/25/36 20,000 $3,428
Citicorp Residential Mortgage Trust Series 2006-1, 5.836%, 7/25/36 (Step) 100,000 $42,276
Citicorp Residential Mortgage Trust Series 2006-3, 5.703%, 11/25/36 (Step) 75,000 $41,897
Citigroup, Inc., Floating Rate Note, 12/31/49 (Perpetual) 3,000 $82,980
Citigroup Capital XIII, Floating Rate Note, 10/30/40 6,527 $178,840
Citigroup Commercial Mortgage Trust 2007-FL3, Floating Rate Note, 4/15/22 (144A) 50,000 $26,488
Citigroup Mortgage Loan Trust, Inc., 6.75%, 8/25/34 125,000 $27,012
City Center Trust 2011-CCHP, Floating Rate Note, 7/15/28 (144A) 100,000 $100,223
CKE Restaurant Holdings, Inc., 4.474%, 3/20/43 (144A) 50,000 $51,129
CoBank ACB, Floating Rate Note, 12/31/49 (Perpetual) (144A) 500 $51,859
COMM 2012-LC4 Mortgage Trust, 4.063%, 12/10/44 100,000 $106,123
COMM 2013-LC6 Mortgage Trust, 2.941%, 1/10/46 50,000 $49,339
Commonwealth Edison Co., 6.95%, 7/15/18 25,000 $30,413
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Australia, 6.0%, 10/29/15 100,000 $99,514
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Netherlands, 3.875%, 2/8/22 75,000 $80,501
Corporate Office Properties LP, 3.6%, 5/15/23 25,000 $24,008
Countrywide Asset-Backed Certificates, Floating Rate Note, 1/25/36 26,600 $5,367
Countrywide Asset-Backed Certificates, Floating Rate Note, 10/25/35 250,000 $16,812
Countrywide Asset-Backed Certificates, Floating Rate Note, 2/25/36 127,000 $24,852
Credit Suisse Commercial Mortgage Trust Series 2007-C1, 5.361%, 2/15/40 50,000 $41,217
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 12/25/33 50,000 $2,967
Croatia Government International Bond, 5.5%, 4/4/23 (144A) 200,000 $210,211
Crown Castle Towers LLC, 4.883%, 8/15/20 (144A) 30,000 $33,423
Cummins, Inc., 5.65%, 3/1/98 60,000 $69,417
Cummins, Inc., 6.75%, 2/15/27 10,000 $12,770
CVS Pass-Through Trust, 5.773%, 1/10/33 (144A) 15,000 $15,524
DBUBS 2011-LC3 Mortgage Trust, Floating Rate Note, 8/10/44 (144A) 100,000 $113,875
DCP Midstream LLC, 9.75%, 3/15/19 (144A) 25,000 $32,708
DCP Midstream LLC, Floating Rate Note, 5/21/43 (144A) 50,000 $47,331
DDR Corp., 7.5%, 4/1/17 35,000 $41,004
Delphi Financial Group, Inc., 7.875%, 1/31/20 35,000 $43,297
Delta Air Lines 2010-2 Class A Pass Through Trust, 4.95%, 5/23/19 15,000 $11,895
Digital Realty Trust LP, 4.5%, 7/15/15 20,000 $20,976
Domino's Pizza Master Issuer LLC, 5.216%, 1/25/42 (144A) 100,000 $104,952
DuPont Fabros Technology LP, 5.875%, 9/15/21 50,000 $52,370
Eastman Chemical Co., 4.8%, 9/1/42 20,000 $20,600
Electricite de France, 6.0%, 1/22/14 (144A) 100,000 $114,376
Electricite de France, Floating Rate Note, 12/31/49 (Perpetual) (144A) 100,000 $104,579
Empresa de Telecomunicaciones de Bogota, 7.0%, 1/17/23 (144A) 124,000,000 $62,004
Enel S.p.A., Floating Rate Note, 9/24/73 (144A) 200,000 $237,257
EnLink Midstream Partners LP, 4.4%, 4/1/24 90,000 $95,332
Entegris, Inc., 6.0%, 4/1/22 (144A) 25,000 $25,375
EP Energy LLC, 9.375%, 5/1/20 50,000 $57,828
European Investment Bank, 0.0%, 3/2/15 65,000 $29,301
Expedia, Inc., 5.95%, 8/15/20 50,000 $56,679
Fannie Mae, 3.5%, 9/1/42 270,000 $232,965
Fannie Mae, 4.5%, 4/1/41 80,000 $39,071
Fannie Mae, 5.0%, 6/1/40 100,000 $41,789
Federal Home Loan Mortgage Corp., 4.0%, 1/1/44 284,000 $296,056
Federal Home Loan Mortgage Corp., 5.0%, 10/1/38 750,000 $86,881
Federal Home Loan Mortgage Corp., 5.0%, 9/1/38 670,000 $74,507
Federal Home Loan Mortgage Corp., 6.0%, 8/1/37 345,434 $57,915
Federal Home Loan Mortgage Corp., 6.5%, 1/1/38 370,134 $31,091
Federal Home Loan Mortgage Corp., 6.5%, 4/1/38 500,000 $113,840
Federal Home Loan Mortgage Corp., Floating Rate Note, 9/25/44 (144A) 100,000 $103,756
Federal Home Loan Mortgage Corp. REMICS, 5.0%, 6/15/34 40,000 $6,087
Federal National Mortgage Association REMICS, 4.5%, 6/25/29 20,000 $19,876
Federal National Mortgage Association REMICS, 6.0%, 3/25/35 225,000 $15,445
Fg 30 Yr Pool 4.5% #Q01181 01jun41 327,809 $108,620
Fg 30 Yr Pool 4% #G08588 01may44 500,000 $531,579
First Investors Auto Owner Trust 2013-1, 2.02%, 1/15/19 (144A) 25,000 $25,100
First NLC Trust 2005-2, Floating Rate Note, 9/25/35 50,000 $22,965
Fn15 3.5% 17jun14 58,000 $61,461
Fn15 3% 17jun14 60,000 $62,518
Fn 30 Yr Pool 3.5% #Av8070 01may44 250,000 $258,762
Freeport-McMoRan Copper & Gold, Inc., 3.875%, 3/15/23 35,000 $34,818
FREMF Mortgage Trust 2010-K9 REMICS, Floating Rate Note, 9/25/45 (144A) 45,000 $50,113
FREMF Mortgage Trust 2011-K12, Floating Rate Note, 1/25/46 (144A) 25,000 $26,588
FREMF Mortgage Trust 2011-K701, Floating Rate Note, 7/25/48 (144A) 25,000 $26,606
FREMF Mortgage Trust 2011-K702, Floating Rate Note, 4/25/44 (144A) 25,000 $27,117
FREMF Mortgage Trust 2011-K703, Floating Rate Note, 7/25/44 (144A) 50,000 $54,471
Frontier Communications Corp., 8.5%, 4/15/20 30,000 $35,313
Fx Vanilla Option Call Usd/Put Try 2.95 12 01 2015 Tr -84,202 $-226
Fx Vanilla Option Put Usd/Call Try 2.154 12 01 2015 Tr 84,202 $1,846
GATX Corp., 6.0%, 2/15/18 40,000 $46,109
GCI, Inc., 6.75%, 6/1/21 50,000 $52,438
General Cable Corp., 4.5%, 11/15/29 (Step) 56,000 $55,972
General Electric Capital Corp., Floating Rate Note, 12/31/49 (Perpetual) 100,000 $121,285
Ghana Government Bond, 16.9%, 3/7/16 10,000 $3,071
Ghana Government Bond, 19.24%, 5/30/16 100,000 $33,801
Ghana Government Bond, 21.0%, 10/26/15 380,000 $122,406
Ghana Government Bond, 26.0%, 6/5/17 25,000 $9,569
Glencore Funding LLC, 4.125%, 5/30/23 (144A) 25,000 $25,234
GLP Capital LP, 4.375%, 11/1/18 (144A) 50,000 $52,057
GMAC Capital Trust I, Floating Rate Note, 2/15/40 850 $23,052
Goldcorp, Inc., 3.7%, 3/15/23 35,000 $34,635
Government National Mortgage Association, 4.5%, 9/20/39 50,000 $54,111
Government National Mortgage Association, 5.25%, 8/16/35 10,000 $17,937
Government National Mortgage Association, Floating Rate Note, 2/16/53 250,000 $19,038
Government National Mortgage Association, Floating Rate Note, 8/16/52 300,000 $19,621
Government National Mortgage Association, Floating Rate Note, 9/16/52 350,000 $27,674
Government National Mortgage Association I, 4.5%, 1/15/40 100,000 $66,024
Government National Mortgage Association I, 4.5%, 7/15/41 100,000 $66,397
Government National Mortgage Association I, 4.5%, 9/15/40 100,000 $69,968
Government National Mortgage Association II, 4.5%, 9/20/41 160,000 $91,349
GS Mortgage Securities Corp II, 3.682%, 2/10/46 (144A) 25,000 $25,244
GS Mortgage Securities Corp II, Floating Rate Note, 11/8/29 (144A) 100,000 $101,123
GS Mortgage Securities Trust 2006-GG8, 5.56%, 11/10/39 50,000 $54,588
GS Mortgage Securities Trust 2012-GCJ7, 3.377%, 5/10/45 50,000 $51,716
GSR Mortgage Loan Trust 2003-9, Floating Rate Note, 8/25/33 1,000,000 $67,631
GTP Acquisition Partners I LLC, 4.347%, 6/15/16 (144A) 45,000 $46,742
GTP Towers Issuer LLC, 4.436%, 2/15/15 (144A) 45,000 $45,916
Healthcare Realty Trust, Inc., 6.5%, 1/17/17 25,000 $28,798
Highwoods Realty LP, 3.625%, 1/15/23 35,000 $35,140
Holcim US Finance Sarl & Cie SCS, 6.0%, 12/30/19 (144A) 30,000 $35,404
Hologic, Inc., 2.0%, 12/15/37 (Step) 75,000 $92,848
Hospitality Properties Trust, 5.0%, 8/15/22 40,000 $43,249
Indianapolis Airport Authority, 5.1%, 1/15/17 20,000 $22,484
Indonesia Treasury Bond, 6.125%, 5/15/28 222,000,000 $15,358
Indonesia Treasury Bond, 7.0%, 5/15/27 200,000,000 $15,196
Indonesia Treasury Bond, 7.375%, 9/15/16 2,500,000,000 $217,501
Indonesia Treasury Bond, 8.25%, 6/15/32 1,210,000,000 $103,916
Intel Corp., 2.95%, 12/15/35 85,000 $102,731
Inter-American Development Bank, 4.5%, 2/4/16 850,000,000 $71,054
International Bank for Reconstruction & Development, 5.75%, 10/21/19 185,000 $191,191
International Finance Corp., 5.0%, 12/21/15 400,000 $170,077
International Finance Corp., 7.75%, 12/3/16 3,790,000 $66,813
International Finance Corp., 8.25%, 6/10/21 3,800,000 $67,261
International Game Technology, 7.5%, 6/15/19 25,000 $30,380
Intesa Sanpaolo S.p.A., 6.5%, 2/24/21 (144A) 100,000 $118,981
Ireland Government Bond, 5.0%, 10/18/20 35,000 $58,643
Irwin Home Equity Loan Trust 2005-1, 5.32%, 6/25/35 (Step) 62,000 $10,696
Italy Buoni Poliennali Del Tesoro, 4.75%, 8/1/23 (144A) 100,000 $159,467
Japan Government Ten Year Bond, 1.0%, 12/20/21 20,000,000 $206,557
Japan Government Twenty Year Bond, 1.5%, 3/20/19 20,000,000 $209,590
JobsOhio Beverage System, 3.985%, 1/1/29 70,000 $72,072
JobsOhio Beverage System, 4.532%, 1/1/35 20,000 $20,701
JPMorgan Chase & Co., 4.25%, 11/2/18 100,000 $82,398
JPMorgan Chase & Co., 6.0%, 1/15/18 25,000 $29,312
JPMorgan Chase & Co., Floating Rate Note, 12/31/49 (Perpetual) 125,000 $119,911
JP Morgan Chase Commercial Mortgage Securities Corp., Floating Rate Note, 10/15/25 (144A) 100,000 $100,327
JP Morgan Chase Commercial Mortgage Securities Trust 2006-FL2, Floating Rate Note, 11/15/18 (144A) 125,000 $40,588
JP Morgan Chase Commercial Mortgage Securities Trust 2011-C5, 4.1712%, 8/15/46 35,000 $38,150
JP Morgan Mortgage Trust 2004-A1, Floating Rate Note, 2/25/34 150,000 $13,545
JP Morgan Mortgage Trust 2004-A2, Floating Rate Note, 5/25/34 1,500,000 $114,409
JP Morgan Mortgage Trust 2004-S1, 5.0%, 9/25/34 271,475 $18,826
JP Morgan Mortgage Trust 2004-S1, 6.0%, 9/25/34 82,200 $16,730
KB Home, 1.375%, 2/1/19 50,000 $49,292
KENT BSF PROJECT, 0.0%, 8/11/14 7,450,000 $83,234
Kinder Morgan Energy Partners LP, 4.15%, 3/1/22 70,000 $73,462
KKR Group Finance Co II LLC, 5.5%, 2/1/43 (144A) 100,000 $108,503
KLA-Tencor Corp., 6.9%, 5/1/18 25,000 $29,564
Kraft Foods Group, Inc., 3.5%, 6/6/22 70,000 $73,026
Lam Research Corp., 1.25%, 5/15/18 75,000 $99,745
Linn Energy LLC, 7.0%, 11/1/19 (144A) 90,000 $95,044
Linn Energy LLC, 8.625%, 4/15/20 51,000 $55,833
Lorillard Tobacco Co., 3.75%, 5/20/23 20,000 $19,772
Macquarie Group, Ltd., 6.0%, 1/14/20 (144A) 10,000 $11,558
Malaysia Government Bond, 3.418%, 8/15/22 507,000 $152,817
Marathon Oil Corp., 5.9%, 3/15/18 23,000 $26,829
Masco Corp., 5.95%, 3/15/22 25,000 $27,783
Masco Corp., 7.125%, 3/15/20 85,000 $100,729
Massachusetts Development Finance Agency, 5.25%, 4/1/37 25,000 $27,698
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 25,000 $34,416
Massachusetts Institute of Technology, 5.6%, 7/1/11 25,000 $32,635
MASTR Alternative Loan Trust 2004-10, 5.5%, 10/25/19 63,000 $5,748
MASTR Alternative Loan Trust 2004-13, 4.5%, 1/25/15 200,000 $551
MASTR Alternative Loan Trust 2004-6, 6.0%, 7/25/34 200,000 $42,467
MASTR Alternative Loan Trust 2005-1, 5.5%, 2/25/35 52,036 $15,313
MASTR Seasoned Securitization Trust 2005-1, Floating Rate Note, 9/25/32 700,000 $48,148
Mastr Specialized Loan Trust, Floating Rate Note, 11/25/34 (144A) 50,000 $48,960
MedAssets, Inc., 8.0%, 11/15/18 75,000 $79,767
Metinvest BV, 10.25%, 5/20/15 (144A) 100,000 $97,063
MetLife, Inc., 10.75%, 8/1/69 35,000 $55,854
MetroPCS Wireless, Inc., 6.625%, 11/15/20 75,000 $80,096
Mexican Bonos, 6.5%, 6/9/22 1,050,000 $88,562
Mexican Bonos, 7.5%, 6/3/27 300,000 $26,992
Mexican Udibonos, 2.0%, 6/9/22 678,200 $271,464
Mexican Udibonos, 3.5%, 12/14/17 900,000 $396,055
ML-CFC Commercial Mortgage Trust 2006-3, Floating Rate Note, 7/12/46 75,000 $77,278
Mohawk Industries, Inc., 3.85%, 2/1/23 25,000 $25,383
Mondelez International, Inc., 6.5%, 2/9/40 32,000 $41,335
Montpelier Re Holdings, Ltd., 4.7%, 10/15/22 50,000 $51,836
Morgan Stanley, 4.1%, 5/22/23 75,000 $75,596
Morgan Stanley, 4.875%, 11/1/22 50,000 $53,752
New Century Home Equity Loan Trust 2005-1, Floating Rate Note, 3/25/35 60,000 $9,349
New York State Dormitory Authority, 5.0%, 7/1/40 50,000 $58,118
Nigeria Government Bond, 16.0%, 6/29/19 31,551,000 $231,414
Norway Government Bond, 2.0%, 5/24/23 1,800,000 $287,872
Norway Government Bond, 4.25%, 5/19/17 965,000 $173,705
Norway Government Bond, 4.5%, 5/22/19 1,490,000 $279,196
Norway Government Bond, 5.0%, 5/15/15 1,675,000 $290,110
OneBeacon US Holdings, Inc., 4.6%, 11/9/22 20,000 $20,423
Ooredoo International Finance, Ltd., 6.5%, 6/10/14 (144A) 20,000 $20,620
Origen Manufactured Housing Contract Trust 2004-A, Floating Rate Note, 1/15/35 30,000 $14,061
Pangaea Re, 0.0%, 10/1/15 (Cat Bond) 50,000 $56,155
Panoche Energy Center LLC, 6.885%, 7/31/29 (144A) 40,000 $39,400
Paragon Secured Finance Plc, Floating Rate Note, 11/15/35 400,000 $98,692
Permanent Master Issuer Plc, Floating Rate Note, 7/15/42 100,000 $137,840
Permanent University Fund, 5.0%, 7/1/30 20,000 $24,563
Piedmont Operating Partnership LP, 3.4%, 6/1/23 50,000 $48,577
Plains All American Pipeline LP, 6.125%, 1/15/17 25,000 $28,725
Plains Exploration & Production Co., 6.75%, 2/1/22 70,000 $80,150
Platinum Underwriters Finance, Inc., 7.5%, 6/1/17 40,000 $46,336
Poland Government Bond, 5.25%, 10/25/17 1,000,000 $363,436
Poland Government Bond, 5.5%, 4/25/15 1,000,000 $339,729
Poland Government International Bond, 4.0%, 1/22/24 100,000 $105,922
Post Holdings, Inc., 7.375%, 2/15/22 150,000 $166,007
Pride International, Inc., 6.875%, 8/15/20 25,000 $30,919
Protective Life Corp., 7.375%, 10/15/19 45,000 $55,970
Province of Ontario Canada, 6.25%, 6/16/15 100,000 $89,170
Prudential Financial, Inc., Floating Rate Note, 9/15/42 100,000 $107,990
Public Service Co of New Mexico, 7.95%, 5/15/18 70,000 $83,839
Queensland Treasury Corp., 5.75%, 7/22/24 100,000 $107,294
Questar Pipeline Co., 5.83%, 2/1/18 10,000 $11,660
RAAC Series 2004-SP2 Trust, 6.0%, 1/25/32 900,000 $41,425
RALI Series 2002-QS16 Trust, Floating Rate Note, 10/25/17 650,000 $14,293
RALI Series 2004-QS13 Trust, 5.0%, 9/25/19 200,000 $26,572
RALI Series 2004-QS16 Trust, 5.5%, 12/25/34 100,000 $7,500
RALI Series 2004-QS1 Trust, 4.25%, 1/25/34 1,322,000 $14,505
RALI Series 2004-QS1 Trust, Floating Rate Note, 1/25/34 206,000 $3,172
Range Resources Corp., 5.0%, 3/15/23 100,000 $106,056
Raymond James Financial, Inc., 4.25%, 4/15/16 25,000 $26,619
Residential Asset Securitization Trust 2004-A10, 5.5%, 2/25/35 200,000 $6,754
Residential Asset Securitization Trust 2004-A9, 5.75%, 12/25/34 50,000 $22,117
Residential Asset Securitization Trust 2005-A9, 5.5%, 7/25/35 50,000 $15,109
RESI Finance LP, Floating Rate Note, 9/10/35 (144A) 100,000 $20,264
RFMSI Series 2005-S6 Trust, 5.25%, 8/25/35 100,000 $31,969
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 2,000,000 $18,535
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 2,500,000 $33,997
Romania Government Bond, 5.85%, 4/26/23 770,000 $258,764
Rowan Companies, Inc., 4.75%, 1/15/24 100,000 $106,829
Russian Federal Bond - OFZ, 7.5%, 3/15/18 4,200,000 $119,462
Santander Drive Auto Receivables Trust 2012-1, 3.78%, 11/15/17 30,000 $30,904
Scotiabank Peru SA, Floating Rate Note, 12/13/27 (144A) 50,000 $49,544
Senior Housing Properties Trust, 6.75%, 4/15/20 45,000 $52,703
Sequoia Mortgage Trust 2005-2, Floating Rate Note, 3/20/35 200,000 $20,354
Sirius International Group, Ltd., Floating Rate Note, 12/31/49 (Perpetual) (144A) 95,000 $102,937
SNAAC Auto Receivables Trust, 3.11%, 6/15/17 (144A) 50,000 $35,911
Southern California Edison Co., Floating Rate Note, 12/31/49 (Perpetual) 50,000 $54,917
Spectra Energy Capital LLC, 6.2%, 4/15/18 25,000 $29,066
Spectra Energy Capital LLC, 6.75%, 7/15/18 10,000 $11,903
Springleaf Funding Trust 2013-A, 2.58%, 9/15/21 (144A) 100,000 $100,748
Stanley Black & Decker, Inc., Floating Rate Note, 12/15/53 50,000 $55,484
State Street Corp., Floating Rate Note, 12/31/73 1,000 $26,130
Structured Asset Securities Corp., 4.77%, 10/25/34 (Step) 50,000 $6,194
Structured Asset Securities Corp Mor Cer Ser 2003-31A, Floating Rate Note, 10/25/33 300,000 $37,816
Sunoco Logistics Partners Operations LP, 6.1%, 2/15/42 60,000 $70,187
Telefonica Emisiones SAU, 5.496%, 4/1/16 50,000 $74,466
Terwin Mortgage Trust Series TMTS 2005-16HE, 4.6175%, 9/25/36 (Step) 300,000 $63,618
The Allstate Corp., Floating Rate Note, 1/15/53 2,225 $55,825
The Allstate Corp., Floating Rate Note, 5/15/57 110,000 $119,943
The Hanover Insurance Group, Inc., 7.5%, 3/1/20 50,000 $60,803
The PNC Financial Services Group, Inc., Floating Rate Note, 12/31/49 (Perpetual) 115,000 $129,332
The PNC Financial Services Group, Inc., Floating Rate Note, 2/21/49 (Perpetual) 65,000 $65,210
The Williams Companies, Inc., 7.75%, 6/15/31 13,000 $15,912
TimberStar Trust 1, 5.668%, 10/15/36 (144A) 50,000 $55,350
Time Warner Cable, Inc., 8.25%, 4/1/19 10,000 $12,873
Tufts University, 5.017%, 4/15/12 75,000 $77,989
Turkey Government Bond, 10.5%, 1/15/20 180,928 $96,507
U.S. Treasury Bonds, 4.5%, 2/15/36 60,000 $74,039
U.S. Treasury Bonds, 4.5%, 8/15/39 60,000 $74,321
Unison Ground Lease Funding LLC, 2.981%, 3/15/20 (144A) 25,000 $24,387
United Airlines 2013-1 Class B Pass Through Trust, 5.375%, 8/15/21 75,000 $78,812
United Kingdom Gilt, 4.25%, 9/7/39 70,000 $136,575
United Kingdom Gilt, 8.75%, 8/25/17 75,000 $158,339
University of California, 3.38%, 5/15/28 50,000 $47,659
US Airways 2013-1 Class A Pass Through Trust, 3.95%, 5/15/27 100,000 $100,426
US Bancorp, Floating Rate Note, 12/31/49 (Perpetual) 4,350 $121,713
Valero Energy Corp., 9.375%, 3/15/19 21,000 $28,051
Valmont Industries, Inc., 6.625%, 4/20/20 20,000 $23,974
Verizon Communications, Inc., 6.55%, 9/15/43 70,000 $89,818
VimpelCom Holdings BV, 9.0%, 2/13/18 (144A) 5,000,000 $137,086
Viterra, Inc., 5.95%, 8/1/20 (144A) 50,000 $57,223
WaMu Mortgage Pass-Through Certificates Series 2004-AR14 Trust, Floating Rate Note, 1/25/35 235,000 $52,582
Weatherford International, Ltd. Bermuda, 5.95%, 4/15/42 25,000 $28,209
Weatherford International, Ltd. Bermuda, 9.625%, 3/1/19 25,000 $33,660
Wells Fargo & Co., 7.5%, 12/31/49 (Perpetual) 130 $160,160
Wells Fargo Mortgage Backed Securities 2005-AR13 Trust, Floating Rate Note, 5/25/35 35,000 $20,535
Wells Fargo Mortgage Backed Securities 2006-16 Trust, 5.0%, 11/25/36 100,000 $6,768
West Corp., 6/30/18 48,902 $48,474
West Penn Power Co., 5.95%, 12/15/17 (144A) 10,000 $11,626
Wilton Re Finance LLC, Floating Rate Note, 3/30/33 (144A) 25,000 $26,307
WireCo WorldGroup, Inc., 9.5%, 5/15/17 25,000 $25,731

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.