Pioneer Global Multisector Income Fund

Top 10 Portfolio Holdings as of 2/27/2015
Default: sorted by market value

Security Name Par / Shares Market Value
Access Bank Plc, Floating Rate Note, 6/24/21 (144A) 200,000 $160,329
Activision Blizzard, Inc., 6.125%, 9/15/23 (144A) 50,000 $56,699
Aguila 3 SA, 7.875%, 1/31/18 (144A) 150,000 $152,859
Air Canada 2013-1 Class A Pass Through Trust, 4.125%, 11/15/26 (144A) 100,000 $101,354
Alexandria Real Estate Equities, Inc., 4.6%, 4/1/22 40,000 $42,866
Ally Financial, Inc., 7.0% (Perpetual) (144A) 50 $50,383
Alpha Natural Resources, Inc., 6.0%, 6/1/19 45,000 $14,265
Alternative Loan Trust 2003-14T1, Floating Rate Note, 8/25/18 169,231 $6,318
Alternative Loan Trust 2004-4CB, 4.25%, 4/25/34 275,000 $7,358
Altrl Zero% 30jun16 31,264 $22,370
Anheuser-Busch InBev Worldwide, Inc., 7.75%, 1/15/19 20,000 $24,378
Arran Residential Mortgages Funding 2010-1 Plc, Floating Rate Note, 5/16/47 (144A) 150,000 $62,539
Austria Government Bond, 4.15%, 3/15/37 (144A) 50,000 $93,660
Aviation Capital Group Corp., 6.75%, 4/6/21 (144A) 55,000 $64,089
AXA Bank Europe SCF, 3.5%, 11/5/20 50,000 $66,810
AXA SA, 8.6%, 12/15/30 60,000 $84,320
B&G Foods, Inc., 4.625%, 6/1/21 50,000 $50,559
Banc of America Alternative Loan Trust 2003-10, Floating Rate Note, 12/25/33 140,000 $6,114
Banc of America Alternative Loan Trust 2003-2, 5.75%, 4/25/33 173,000 $17,802
Banc of America Alternative Loan Trust 2003-7, 5.5%, 9/25/33 250,000 $47,768
Banc of America Alternative Loan Trust 2004-10, 5.5%, 11/25/19 125,000 $15,747
Banc of America Alternative Loan Trust 2004-6, 5.0%, 7/25/19 100,000 $12,928
Banc of America Mortgage Trust 2004-11, 5.75%, 1/25/35 140,000 $12,008
Banc of America Mortgage Trust 2004-9, 5.5%, 11/25/34 25,000 $11,145
Bank of America Corp., 7.75%, 5/14/38 100,000 $147,080
Bankrate, Inc., 6.125%, 8/15/18 (144A) 100,000 $100,471
Banque Centrale de Tunisie SA, 5.75%, 1/30/25 (144A) 200,000 $204,394
Baylor University, 4.313%, 3/1/42 25,000 $27,529
Bayview Commercial Asset Trust 2007-2, 0.0%, 7/27/37 (Step) (144A) 250,000 $0
Bayview Commercial Asset Trust 2007-4, 3.49686%, 9/25/37 (Step) (144A) 150,000 $3,434
BCMSC Trust 1998-A, 6.65%, 4/15/28 170,000 $1,932
Bear Stearns Asset Backed Securities Trust, 8.41%, 10/25/29 (Step) 2,632,500 $63,999
BM&FBovespa SA, 5.5%, 7/16/20 (144A) 100,000 $108,642
Bowdoin College, 4.693%, 7/1/12 25,000 $26,979
Brazil Minas SPE via State of Minas Gerais, 5.333%, 2/16/28 (144A) 200,000 $191,385
Buckeye Partners LP, 6.05%, 1/15/18 25,000 $27,684
Bueair 8.949999999999999% 19feb21 144a 200,000 $208,448
Building Materials Corp of America, 5.375%, 11/15/24 (144A) 30,000 $31,384
Bundesschatzanweisungen, 0.25%, 3/11/16 215,000 $242,407
Burlington Northern Santa Fe LLC, 5.75%, 3/15/18 25,000 $28,726
California Statewide Communities Development Authority, 6.0%, 8/15/42 50,000 $60,265
Can 2.25% 01jun25 750,000 $656,284
Canadian Government Bond, 1.75%, 9/1/19 700,000 $591,748
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 56,000 $62,949
Capital Auto Receivables Asset Trust 2013-1, 1.74%, 10/22/18 50,000 $50,179
Carlyle Holdings II Finance LLC, 5.625%, 3/30/43 (144A) 25,000 $29,264
Carrizo Oil & Gas, Inc., 7.5%, 9/15/20 25,000 $26,380
Carrizo Oil & Gas, Inc., 8.625%, 10/15/18 50,000 $53,593
Cemex SAB de CV, 5.875%, 3/25/19 (144A) 150,000 $159,033
CHL Mortgage Pass-Through Trust 2003-56, Floating Rate Note, 12/25/33 154,300 $8,098
Citicorp Residential Mortgage Trust Series 2006-3, 5.703%, 11/25/36 (Step) 75,000 $38,957
Citigroup, Inc., Floating Rate Note (Perpetual) 15,000 $15,257
Citigroup, Inc., Floating Rate Note (Perpetual) 75,000 $75,441
Citigroup, Inc., Floating Rate Note (Perpetual) 3,000 $82,290
Citigroup Capital XIII, Floating Rate Note, 10/30/40 2,517 $66,852
Citigroup Commercial Mortgage Trust 2007-FL3, Floating Rate Note, 4/15/22 (144A) 50,000 $6,881
Citigroup Mortgage Loan Trust, Inc., 6.75%, 9/25/34 125,000 $24,678
City Center Trust 2011-CCHP, Floating Rate Note, 7/17/28 (144A) 100,000 $100,108
CKE Restaurant Holdings, Inc., 4.474%, 3/20/43 (144A) 50,000 $50,353
Cme: (Cdx.Na.Hy.23.V2) Usd 20dec19 Z91mw60e6 350,411 $29,906
CoBank ACB, Floating Rate Note (Perpetual) (144A) 500 $51,547
Colbun SA, 4.5%, 7/10/24 (144A) 200,000 $207,760
COMM 2012-LC4 Mortgage Trust, 4.063%, 12/12/44 100,000 $108,307
COMM 2013-LC6 Mortgage Trust, 2.941%, 1/12/46 50,000 $51,117
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Netherlands, 3.875%, 2/8/22 75,000 $81,080
Corporate Office Properties LP, 3.6%, 5/15/23 20,000 $19,642
Countrywide Asset-Backed Certificates, Floating Rate Note, 12/25/35 127,000 $25,226
Credit Suisse Commercial Mortgage Trust Series 2007-C1, 5.361%, 2/15/40 50,000 $35,751
Croatia Government International Bond, 5.5%, 4/4/23 (144A) 200,000 $219,230
Crown Castle Towers LLC, 4.883%, 8/15/20 (144A) 30,000 $32,813
Crusade Global Trust, Floating Rate Note, 11/15/37 489,000 $67,777
Crusade Global Trust, Floating Rate Note, 7/20/38 (144A) 500,000 $56,230
Crusade Global Trust No 1 of 2007, Floating Rate Note, 4/19/38 522,000 $81,962
Cummins, Inc., 5.65%, 3/1/98 60,000 $71,336
Cummins, Inc., 6.75%, 2/15/27 10,000 $12,930
CVS Pass-Through Trust, 5.773%, 1/10/33 (144A) 15,000 $15,520
CWABS Asset-Backed Certificates Trust 2005-4, Floating Rate Note, 9/27/32 250,000 $5,911
DBUBS 2011-LC3 Mortgage Trust, Floating Rate Note, 8/12/44 (144A) 100,000 $114,898
DCP Midstream LLC, 9.75%, 3/15/19 (144A) 25,000 $28,804
DCP Midstream LLC, Floating Rate Note, 5/21/43 (144A) 50,000 $40,913
Delphi Financial Group, Inc., 7.875%, 1/31/20 35,000 $42,316
Delta Air Lines 2010-2 Class A Pass Through Trust, 4.95%, 5/23/19 15,000 $11,095
Digital Realty Trust LP, 4.5%, 7/15/15 20,000 $20,190
Domino's Pizza Master Issuer LLC, 5.216%, 1/27/42 (144A) 100,000 $101,574
DuPont Fabros Technology LP, 5.875%, 9/15/21 50,000 $53,580
Eastman Chemical Co., 4.8%, 9/1/42 20,000 $22,185
Ecuador Government International Bond, 7.95%, 6/20/24 (144A) 200,000 $190,503
Electricite de France SA, 6.0%, 1/22/14 (144A) 100,000 $120,015
Empresa de Telecomunicaciones de Bogota, 7.0%, 1/17/23 (144A) 124,000,000 $46,965
Enel S.p.A., Floating Rate Note, 9/24/73 (144A) 200,000 $251,591
EnLink Midstream Partners LP, 4.4%, 4/1/24 90,000 $97,359
Entegris, Inc., 6.0%, 4/1/22 (144A) 25,000 $26,613
EP Energy LLC, 9.375%, 5/1/20 50,000 $54,898
European Bank for Reconstruction & Development, 6.0%, 3/3/16 5,100,000 $84,831
European Investment Bank, 7.2%, 7/9/19 (144A) 1,120,000,000 $88,990
Evraz Inc NA Canada, 7.5%, 11/15/19 (144A) 50,000 $48,531
Expedia, Inc., 5.95%, 8/15/20 50,000 $56,266
Fannie Mae, 3.0%, 3/18/15 60,000 $62,906
Fannie Mae, 3.5%, 3/18/15 58,000 $61,611
Fannie Mae, 3.5%, 5/1/44 250,000 $259,238
Fannie Mae, 3.5%, 9/1/42 270,000 $205,519
Fannie Mae, 4.5%, 4/1/41 80,000 $34,635
Fannie Mae, 5.0%, 6/1/40 100,000 $36,142
Federal Home Loan Mortgage Corp., 3.5%, 12/1/44 200,000 $208,601
Federal Home Loan Mortgage Corp., 4.0%, 1/1/44 284,000 $261,739
Federal Home Loan Mortgage Corp., 4.0%, 5/1/44 500,000 $468,934
Federal Home Loan Mortgage Corp., 4.5%, 6/1/41 327,809 $92,927
Federal Home Loan Mortgage Corp., 5.0%, 10/1/38 750,000 $68,598
Federal Home Loan Mortgage Corp., 5.0%, 9/1/38 670,000 $58,752
Federal Home Loan Mortgage Corp., 6.0%, 8/1/37 345,434 $45,506
Federal Home Loan Mortgage Corp., 6.5%, 1/1/38 370,134 $31,387
Federal Home Loan Mortgage Corp., 6.5%, 4/1/38 500,000 $93,780
Federal Home Loan Mortgage Corp., Floating Rate Note, 9/26/44 (144A) 100,000 $103,701
Federal National Mortgage Association REMICS, 4.5%, 6/25/29 20,000 $15,568
First Investors Auto Owner Trust 2013-1, 2.02%, 1/15/19 (144A) 25,000 $24,952
First NLC Trust 2005-2, Floating Rate Note, 9/25/35 50,000 $12,699
Flextronics International, Ltd., 4.625%, 2/15/20 100,000 $105,167
Freeport-McMoRan, Inc., 3.875%, 3/15/23 35,000 $32,716
Freeport-McMoran Oil & Gas LLC, 6.75%, 2/1/22 45,000 $47,703
FREMF Mortgage Trust 2010-K9 REMICS, Floating Rate Note, 9/25/45 (144A) 45,000 $50,575
FREMF Mortgage Trust 2011-K12, Floating Rate Note, 1/25/46 (144A) 25,000 $27,040
FREMF Mortgage Trust 2011-K701, Floating Rate Note, 7/25/48 (144A) 25,000 $26,477
FREMF Mortgage Trust 2011-K702, Floating Rate Note, 4/25/44 (144A) 25,000 $26,967
FREMF Mortgage Trust 2011-K703, Floating Rate Note, 7/25/44 (144A) 50,000 $54,223
Frontier Communications Corp., 8.5%, 4/15/20 30,000 $34,842
GATX Corp., 6.0%, 2/15/18 40,000 $44,492
GCI, Inc., 6.75%, 6/1/21 50,000 $51,534
General Cable Corp., 4.5%, 11/15/29 (Step) 56,000 $39,676
General Electric Capital Corp., Floating Rate Note (Perpetual) 100,000 $119,195
Glencore Funding LLC, 4.125%, 5/30/23 (144A) 25,000 $25,842
GMAC Capital Trust I, Floating Rate Note, 2/15/40 850 $22,126
Government National Mortgage Association, 4.5%, 9/20/39 50,000 $53,927
Government National Mortgage Association, 5.25%, 8/16/35 10,000 $18,436
Government National Mortgage Association, Floating Rate Note, 2/16/53 250,000 $16,598
Government National Mortgage Association, Floating Rate Note, 8/16/52 300,000 $14,853
Government National Mortgage Association, Floating Rate Note, 9/16/52 350,000 $23,303
Government National Mortgage Association I, 4.5%, 1/15/40 100,000 $59,136
Government National Mortgage Association I, 4.5%, 7/15/41 100,000 $54,411
Government National Mortgage Association I, 4.5%, 9/15/40 100,000 $58,945
Government National Mortgage Association II, 4.5%, 9/20/41 160,000 $77,017
Government National Mortgage Association REMICS, Floating Rate Note, 11/16/54 100,000 $9,060
GS Mortgage Securities Corp II, 3.682%, 2/12/46 (144A) 25,000 $25,787
GS Mortgage Securities Trust 2006-GG8 REMICS, 5.56%, 11/10/39 50,000 $51,824
GS Mortgage Securities Trust 2012-GCJ7, 3.377%, 5/12/45 50,000 $52,739
GSR Mortgage Loan Trust 2003-9, Floating Rate Note, 8/25/33 1,000,000 $62,024
GTP Acquisition Partners I LLC, 4.347%, 6/15/41 (144A) 45,000 $45,843
Highwoods Realty LP, 3.625%, 1/15/23 35,000 $35,685
Holcim US Finance Sarl & Cie SCS, 6.0%, 12/30/19 (144A) 30,000 $34,752
Indianapolis Airport Authority, 5.1%, 1/15/17 20,000 $21,676
Indonesia Treasury Bond, 6.125%, 5/15/28 222,000,000 $15,995
Indonesia Treasury Bond, 7.0%, 5/15/27 200,000,000 $15,698
Indonesia Treasury Bond, 7.375%, 9/15/16 2,500,000,000 $202,449
Indonesia Treasury Bond, 8.25%, 6/15/32 1,210,000,000 $103,204
Inter-American Development Bank, 4.5%, 2/4/16 850,000,000 $64,072
Inter-American Development Bank, 6.0%, 9/5/17 700,000 $11,756
Inter-American Development Bank, 7.2%, 1/22/18 1,210,000,000 $93,152
International Bank for Reconstruction & Development, 5.75%, 10/21/19 185,000 $168,486
International Finance Corp., 6.3%, 11/25/24 17,800,000 $291,572
International Finance Corp., 7.75%, 12/3/16 3,790,000 $64,954
International Finance Corp., 8.25%, 6/10/21 9,500,000 $173,701
International Game Technology, 7.5%, 6/15/19 25,000 $27,114
Intesa Sanpaolo S.p.A., 6.5%, 2/24/21 (144A) 100,000 $118,460
Ireland Government Bond, 5.0%, 10/18/20 35,000 $50,028
Irwin Home Equity Loan Trust 2005-1, 5.32%, 6/25/35 (Step) 62,000 $7,195
Italy Buoni Poliennali Del Tesoro, 4.75%, 8/1/23 (144A) 100,000 $144,202
Ivory Coast Government International Bond, 5.375%, 7/23/24 (144A) 200,000 $191,745
Ivycst 6.375% 03mar28 144a 200,000 $198,250
Japan Government Ten Year Bond, 1.0%, 12/20/21 20,000,000 $177,455
Japan Government Twenty Year Bond, 1.5%, 3/20/19 20,000,000 $177,998
JobsOhio Beverage System, 3.985%, 1/1/29 70,000 $75,400
JobsOhio Beverage System, 4.532%, 1/1/35 20,000 $22,321
JPMorgan Chase & Co., 4.25%, 11/2/18 100,000 $76,730
JPMorgan Chase & Co., Floating Rate Note, 8/29/49 50,000 $54,237
JPMorgan Chase & Co., Floating Rate Note (Perpetual) 45,000 $44,799
JP Morgan Chase Commercial Mortgage Securities Trust 2006-FL2, Floating Rate Note, 11/15/18 (144A) 125,000 $40,370
JP Morgan Chase Commercial Mortgage Securities Trust 2011-C5, 4.1712%, 8/17/46 35,000 $38,652
JP Morgan Mortgage Trust 2004-A1, Floating Rate Note, 2/25/34 150,000 $9,387
JP Morgan Mortgage Trust 2004-A2, Floating Rate Note, 5/25/34 1,500,000 $97,805
JP Morgan Mortgage Trust 2004-S1, 5.0%, 9/25/34 301,475 $15,713
JP Morgan Mortgage Trust 2004-S1, 6.0%, 9/25/34 82,200 $15,341
KB Home, 1.375%, 2/1/19 50,000 $47,145
Kinder Morgan Energy Partners LP, 4.15%, 3/1/22 70,000 $74,001
KKR Group Finance Co II LLC, 5.5%, 2/1/43 (144A) 100,000 $113,366
Kraft Foods Group, Inc., 3.5%, 6/6/22 70,000 $72,630
Linn Energy LLC, 6.25%, 11/1/19 90,000 $78,553
Linn Energy LLC, 8.625%, 4/15/20 51,000 $47,908
Lorillard Tobacco Co., 3.75%, 5/20/23 20,000 $20,442
Macquarie Bank, Ltd., 6.625%, 4/7/21 (144A) 100,000 $120,022
Macquarie Group, Ltd., 6.0%, 1/14/20 (144A) 10,000 $11,421
Marathon Oil Corp., 5.9%, 3/15/18 23,000 $26,044
Masco Corp., 5.95%, 3/15/22 25,000 $28,736
Masco Corp., 7.125%, 3/15/20 85,000 $102,116
Massachusetts Development Finance Agency, 5.25%, 4/1/37 25,000 $29,290
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 25,000 $34,441
Massachusetts Institute of Technology, 5.6%, 7/1/11 25,000 $34,563
MASTR Alternative Loan Trust 2004-6, 6.0%, 7/25/34 200,000 $39,177
Mastr Specialized Loan Trust, Floating Rate Note, 10/25/34 50,000 $52,367
MedAssets, Inc., 8.0%, 11/15/18 75,000 $79,998
Methanex Corp., 4.25%, 12/1/24 25,000 $25,489
Mexican Bonos, 4.75%, 6/14/18 3,830,000 $259,386
Mexican Bonos, 6.5%, 6/9/22 2,400,000 $172,417
Mexican Bonos, 7.5%, 6/3/27 300,000 $23,146
Mexican Udibonos, 2.0%, 6/9/22 678,200 $234,684
Mexican Udibonos, 3.5%, 12/14/17 900,000 $339,934
Mexican Udibonos, 5.0%, 6/16/16 724,500 $272,412
Micron Technology, Inc., 5.25%, 8/1/23 (144A) 55,000 $56,507
ML-CFC Commercial Mortgage Trust 2006-3, Floating Rate Note, 7/12/46 75,000 $76,846
Mohawk Industries, Inc., 3.85%, 2/1/23 25,000 $25,401
Mondelez International, Inc., 6.5%, 2/9/40 32,000 $44,480
Montpelier Re Holdings, Ltd., 4.7%, 10/15/22 50,000 $53,373
Morgan Stanley, 4.1%, 5/22/23 75,000 $78,293
Morgan Stanley, 4.875%, 11/1/22 50,000 $55,105
Motor 2013-1 Plc, Floating Rate Note, 2/25/21 (144A) 250,000 $47,959
MTN Mauritius Investments, Ltd., 4.755%, 11/11/24 (144A) 200,000 $202,099
Nakilat, Inc., 6.267%, 12/31/33 (144A) 100,000 $105,771
New Century Home Equity Loan Trust 2005-1, Floating Rate Note, 3/25/35 60,000 $9,564
New Zealand Government Bond, 5.5%, 4/15/23 1,250,000 $1,111,129
Norway Government Bond, 2.0%, 5/24/23 1,800,000 $251,446
Norway Government Bond, 4.25%, 5/19/17 965,000 $140,171
Norway Government Bond, 4.5%, 5/22/19 2,700,000 $418,872
Norway Government Bond, 5.0%, 5/15/15 1,675,000 $230,148
NRP Mortgage Trust 2013-1, Floating Rate Note, 7/25/43 (144A) 50,000 $46,802
OneBeacon US Holdings, Inc., 4.6%, 11/9/22 20,000 $21,264
Origen Manufactured Housing Contract Trust 2004-A, Floating Rate Note, 1/15/35 30,000 $12,281
Pangaea Zero% 01jul18 30,000 $32,430
Panoche Energy Center LLC, 6.885%, 7/31/29 (144A) 40,000 $41,011
Paragon Secured Finance Plc, Floating Rate Note, 11/15/35 400,000 $91,265
Permanent Master Issuer Plc, Floating Rate Note, 7/15/42 100,000 $112,221
Permanent University Fund, 5.0%, 7/1/30 20,000 $24,507
Piedmont Operating Partnership LP, 3.4%, 6/1/23 50,000 $49,469
Plains All American Pipeline LP, 6.125%, 1/15/17 25,000 $27,276
Platinum Underwriters Finance, Inc., 7.5%, 6/1/17 40,000 $45,197
Poland Government Bond, 5.25%, 10/25/17 1,000,000 $299,465
Poland Government Bond, 5.5%, 4/25/15 1,000,000 $285,403
Poland Government International Bond, 4.0%, 1/22/24 100,000 $108,472
Post Holdings, Inc., 7.375%, 2/15/22 150,000 $156,774
Pride International, Inc., 6.875%, 8/15/20 25,000 $28,483
Protective Life Corp., 7.375%, 10/15/19 45,000 $55,337
Province of Ontario Canada, 6.25%, 6/16/15 100,000 $77,072
Prudential Financial, Inc., Floating Rate Note, 9/15/42 100,000 $110,420
Public Service Co of New Mexico, 7.95%, 5/15/18 70,000 $83,770
Queensland Treasury Corp., 5.75%, 7/22/24 100,000 $96,183
Questar Pipeline Co., 5.83%, 2/1/18 10,000 $11,217
RAAC Series 2004-SP2 Trust, 6.0%, 1/25/32 900,000 $33,211
RALI Series 2002-QS16 Trust, Floating Rate Note, 10/25/17 650,000 $9,579
RALI Series 2004-QS13 Trust, 5.0%, 9/25/19 200,000 $20,565
RALI Series 2004-QS1 Trust, 4.25%, 1/25/34 1,322,000 $352
RALI Series 2004-QS1 Trust, Floating Rate Note, 1/25/34 206,000 $477
Range Resources Corp., 5.0%, 3/15/23 100,000 $104,514
Raymond James Financial, Inc., 4.25%, 4/15/16 25,000 $26,407
Residential Asset Securitization Trust 2004-A10, 5.5%, 2/25/35 200,000 $4,604
Residential Asset Securitization Trust 2004-A9, 5.75%, 12/25/34 50,000 $17,835
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 19,000,000 $16,559
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 2,000,000 $1,221
Romania Government Bond, 5.85%, 4/26/23 770,000 $247,756
Romania Government Bond, 5.95%, 6/11/21 1,150,000 $360,894
Rowan Companies, Inc., 4.75%, 1/15/24 100,000 $96,699
Santander Drive Auto Receivables Trust 2012-1, 3.78%, 11/15/17 30,000 $22,136
Scds: (Do) Usd 20dec19 Buy Bnr1c0954 50,000 $-5,056
Scotiabank Peru SAA, Floating Rate Note, 12/13/27 (144A) 50,000 $49,919
Senior Housing Properties Trust, 6.75%, 4/15/20 45,000 $52,261
Sequoia Mortgage Trust 2005-2, Floating Rate Note, 3/20/35 225,000 $20,569
Sequoia Mortgage Trust 2013-4, Floating Rate Note, 4/27/43 40,000 $34,238
Sgb 2.5% 12may25 2,300,000 $329,082
Sigcbl 7.75% 15feb23 144a 100,000 $117,929
Sirius International Group, Ltd., Floating Rate Note (Perpetual) (144A) 95,000 $100,938
Sky Plc, 6.1%, 2/15/18 (144A) 25,000 $27,889
SM Energy Co., 6.5%, 1/1/23 75,000 $78,022
Southern California Edison Co., Floating Rate Note (Perpetual) 50,000 $56,234
Spectra Energy Capital LLC, 6.2%, 4/15/18 25,000 $28,324
Spectra Energy Capital LLC, 6.75%, 7/15/18 10,000 $11,370
Sph 5.75% 01mar25 15,000 $15,382
Springleaf Funding Trust 2013-A, 2.58%, 9/15/21 (144A) 100,000 $95,932
Stanley Black & Decker, Inc., Floating Rate Note, 12/15/53 50,000 $54,895
State of Texas, 4.0%, 10/1/44 50,000 $53,077
State Street Corp., Floating Rate Note, 12/31/73 1,000 $26,770
Structured Asset Securities Corp., 4.77%, 10/25/34 (Step) 50,000 $3,287
Structured Asset Securities Corp Mor Cer Ser 2003-31A, Floating Rate Note, 10/25/33 300,000 $31,362
Sunoco Logistics Partners Operations LP, 6.1%, 2/15/42 60,000 $69,370
Telefonica Emisiones SAU, 5.496%, 4/1/16 50,000 $62,319
Terwin Mortgage Trust Series TMTS 2005-16HE, 4.4849%, 9/25/36 (Step) 300,000 $59,723
The Allstate Corp., Floating Rate Note, 1/15/53 2,225 $59,118
The Allstate Corp., Floating Rate Note, 5/15/57 110,000 $126,896
The Hanover Insurance Group, Inc., 7.5%, 3/1/20 0 $1,844
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 65,000 $65,219
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 115,000 $127,866
The Williams Companies, Inc., 7.75%, 6/15/31 13,000 $14,795
TimberStar Trust I REMICS, 5.668%, 10/15/36 (144A) 50,000 $53,002
T-Mobile USA, Inc., 6.625%, 11/15/20 75,000 $80,547
TransCanada PipeLines, Ltd., 1.875%, 1/12/18 100,000 $100,968
Tufts University, 5.017%, 4/15/12 75,000 $85,755
U.S. Treasury Bonds, 4.5%, 2/15/36 60,000 $80,966
U.S. Treasury Bonds, 4.5%, 8/15/39 60,000 $81,631
U.S. Treasury Floating Rate Note, 0.090001011%, 7/31/16 200,000 $200,003
U.S. Treasury Inflation Indexed Bonds, 0.125%, 7/15/24 475,000 $470,028
U.S. Treasury Notes, 0.375%, 10/31/16 400,000 $399,560
U.S. Treasury Notes, 0.625%, 12/31/16 500,000 $501,056
Union Andina de Cementos SAA, 5.875%, 10/30/21 (144A) 150,000 $154,063
Unison Ground Lease Funding LLC, 2.981%, 3/16/43 (144A) 25,000 $25,475
United Airlines 2013-1 Class B Pass Through Trust, 5.375%, 8/15/21 75,000 $74,686
United Kingdom Gilt, 1.75%, 7/22/19 500,000 $790,563
United Kingdom Gilt, 4.25%, 9/7/39 70,000 $146,587
United Kingdom Gilt, 8.75%, 8/25/17 75,000 $139,179
United States Treasury Floating Rate Note, Floating Rate Note, 1/31/16 200,000 $200,006
United States Treasury Floating Rate Note, Floating Rate Note, 10/31/16 200,000 $199,915
United States Treasury Floating Rate Note, Floating Rate Note, 4/30/16 200,000 $200,035
University of California, 3.38%, 5/15/28 50,000 $52,292
US Airways 2013-1 Class A Pass Through Trust, 3.95%, 5/15/27 100,000 $103,040
US Bancorp, Floating Rate Note (Perpetual) 3,007 $81,881
Valero Energy Corp., 9.375%, 3/15/19 21,000 $27,183
Valmont Industries, Inc., 6.625%, 4/20/20 7,000 $8,370
Verizon Communications, Inc., 5.012%, 8/21/54 (144A) 38,000 $39,817
Verizon Communications, Inc., 6.55%, 9/15/43 40,000 $53,756
Virginia Commonwealth Transportation Board, 4.0%, 5/15/31 30,000 $32,433
Virginia Commonwealth Transportation Board, 4.0%, 5/15/32 30,000 $32,283
Viterra, Inc., 5.95%, 8/1/20 (144A) 50,000 $56,341
Volcan Cia Minera SAA, 5.375%, 2/2/22 (144A) 50,000 $47,844
WaMu Mortgage Pass-Through Certificates Series 2004-AR14 Trust, Floating Rate Note, 1/25/35 235,000 $47,416
Was 5% 01jul30 Washington St For Issues Dtd P 50,000 $59,944
Washington Suburban Sanitary Commission, 4.0%, 6/1/43 20,000 $21,186
Washington Suburban Sanitary Commission, 4.0%, 6/1/44 20,000 $21,169
Weatherford International, Ltd. Bermuda, 5.95%, 4/15/42 25,000 $22,329
Weatherford International, Ltd. Bermuda, 9.625%, 3/1/19 25,000 $29,419
Wells Fargo & Co., 7.5% (Perpetual) 80 $96,997
Wells Fargo Mortgage Backed Securities 2006-16 Trust, 5.0%, 11/25/36 100,000 $4,266
West Corp., Term B-10 Loan, 6/30/18 42,977 $42,930
West Penn Power Co., 5.95%, 12/15/17 (144A) 10,000 $11,225
Wilton Re Finance LLC, Floating Rate Note, 3/30/33 (144A) 25,000 $27,615
WireCo WorldGroup, Inc., 9.5%, 5/15/17 25,000 $25,305
Wynn Macau, Ltd., 5.25%, 10/15/21 (144A) 200,000 $200,379
Zambia Government International Bond, 5.375%, 9/20/22 (144A) 400,000 $380,136
Ziggo Bond Finance BV, 5.875%, 1/15/25 (144A) 200,000 $210,197

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.