Pioneer Global Multisector Income Fund

Top 10 Portfolio Holdings as of 7/31/2014
Default: sorted by market value

Security Name Par / Shares Market Value
Access Bank Plc, Floating Rate Note, 6/24/21 (144A) 200,000 $207,901
Activision Blizzard, Inc., 6.125%, 9/15/23 (144A) 50,000 $55,032
Aguila 3 SA, 7.875%, 1/31/18 (144A) 150,000 $162,877
Air Canada 2013-1 Class A Pass Through Trust, 4.125%, 11/15/26 (144A) 100,000 $100,174
Alexandria Real Estate Equities, Inc., 4.6%, 4/1/22 40,000 $42,725
Alpha Natural Resources, Inc., 6.0%, 6/1/19 45,000 $30,825
Altair Re, Floating Rate Note, 4/30/16 (Cat Bond) 16,836 $21,035
Alternative Loan Trust 2003-14T1, Floating Rate Note, 8/25/18 169,231 $7,285
Alternative Loan Trust 2004-4CB, 4.25%, 4/25/34 275,000 $13,133
Altrl Flt% 30jun16 50,000 $52,065
AngloGold Ashanti Holdings Plc, 5.375%, 4/15/20 35,000 $36,305
Anheuser-Busch InBev Worldwide, Inc., 7.75%, 1/15/19 20,000 $24,657
Austria Government Bond, 4.15%, 3/15/37 (144A) 50,000 $92,413
Aviation Capital Group Corp., 6.75%, 4/6/21 (144A) 55,000 $63,125
AXA Bank Europe SCF, 3.5%, 11/5/20 50,000 $79,028
AXA SA, 8.6%, 12/15/30 60,000 $81,359
B&G Foods, Inc., 4.625%, 6/1/21 50,000 $49,135
Banc of America Alternative Loan Trust 2003-10, Floating Rate Note, 12/25/33 140,000 $8,935
Banc of America Alternative Loan Trust 2003-2, 5.75%, 4/25/33 173,000 $19,713
Banc of America Alternative Loan Trust 2003-7, 5.5%, 9/25/33 250,000 $53,818
Banc of America Alternative Loan Trust 2004-10, 5.5%, 11/25/19 125,000 $18,430
Banc of America Alternative Loan Trust 2004-2, 6.0%, 3/25/34 55,000 $14,572
Banc of America Alternative Loan Trust 2004-6, 5.0%, 7/25/19 100,000 $15,461
Banc of America Mortgage 2005-H Trust, Floating Rate Note, 9/25/35 28,000 $5,870
Banc of America Mortgage Trust 2004-11, 5.75%, 1/25/35 140,000 $14,537
Banc of America Mortgage Trust 2004-9, 5.5%, 11/25/34 25,000 $12,541
Bank of America Corp., 7.75%, 5/14/38 100,000 $137,955
Bankrate, Inc., 6.125%, 8/15/18 (144A) 100,000 $108,324
Baylor University, 4.313%, 3/1/42 25,000 $24,733
Bayview Commercial Asset Trust, 0.0%, 7/25/37 (Step) (144A) 250,000 $0
Bayview Commercial Asset Trust, 3.526662%, 9/25/37 (Step) (144A) 150,000 $5,062
BCMSC Trust 1998-A, 6.65%, 4/15/28 170,000 $6,132
Bear Stearns Asset Backed Securities Trust, 8.41%, 10/25/29 (Step) 2,632,500 $75,056
Berau Coal Energy Tbk PT, 7.25%, 3/13/17 (144A) 25,000 $24,914
BM&FBovespa SA, 5.5%, 7/16/20 (144A) 100,000 $108,479
Bowdoin College, 4.693%, 7/1/12 25,000 $23,379
Brazil Minas SPE via State of Minas Gerais, 5.333%, 2/15/28 (144A) 200,000 $203,418
British Sky Broadcasting Group Plc, 6.1%, 2/15/18 (144A) 25,000 $28,917
Buckeye Partners LP, 6.05%, 1/15/18 25,000 $28,120
Bundesschatzanweisungen, 0.25%, 3/11/16 215,000 $289,163
Burlington Northern Santa Fe LLC, 5.75%, 3/15/18 25,000 $28,983
California Statewide Communities Development Authority, 6.0%, 8/15/42 50,000 $61,228
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 56,000 $63,179
Capital Auto Receivables Asset Trust/ Ally, 1.74%, 10/22/18 50,000 $49,980
Carlyle Holdings II Finance LLC, 5.625%, 3/30/43 (144A) 25,000 $28,740
Carrizo Oil & Gas, Inc., 8.625%, 10/15/18 50,000 $53,520
Cemex SAB de CV, 5.875%, 3/25/19 (144A) 150,000 $155,709
CHL Mortgage Pass-Through Trust 2003-56, Floating Rate Note, 12/25/33 154,300 $9,667
Citicorp Residential Mortgage Trust Series 2006-1, 5.836%, 7/25/36 (Step) 100,000 $39,429
Citicorp Residential Mortgage Trust Series 2006-3, 5.703%, 11/25/36 (Step) 75,000 $43,146
Citigroup, Inc., Floating Rate Note (Perpetual) 3,000 $81,930
Citigroup Capital XIII, Floating Rate Note, 10/30/40 6,527 $176,816
Citigroup Commercial Mortgage Trust 2007-FL3, Floating Rate Note, 4/15/22 (144A) 50,000 $26,509
Citigroup Mortgage Loan Trust, Inc., 6.75%, 9/25/34 125,000 $26,320
City Center Trust 2011-CCHP, Floating Rate Note, 7/15/28 (144A) 100,000 $100,184
CKE Restaurant Holdings, Inc., 4.474%, 3/20/43 (144A) 50,000 $50,249
CoBank ACB, Floating Rate Note (Perpetual) (144A) 500 $51,969
Colbun SA, 4.5%, 7/10/24 (144A) 200,000 $199,341
COMM 2012-LC4 Mortgage Trust, 4.063%, 12/10/44 100,000 $105,460
COMM 2013-LC6 Mortgage Trust, 2.941%, 1/10/46 50,000 $49,274
Commonwealth Edison Co., 6.95%, 7/15/18 25,000 $29,407
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Australia, 6.0%, 10/29/15 100,000 $100,099
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Netherlands, 3.875%, 2/8/22 75,000 $80,748
Corporate Office Properties LP, 3.6%, 5/15/23 25,000 $24,122
Countrywide Asset-Backed Certificates, Floating Rate Note, 1/25/36 26,600 $4,148
Countrywide Asset-Backed Certificates, Floating Rate Note, 10/25/35 250,000 $14,682
Countrywide Asset-Backed Certificates, Floating Rate Note, 2/25/36 127,000 $24,823
Credit Suisse Commercial Mortgage Trust Series 2007-C1, 5.361%, 2/15/40 50,000 $40,784
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 12/25/33 50,000 $2,557
Croatia Government International Bond, 5.5%, 4/4/23 (144A) 200,000 $210,575
Crown Castle Towers LLC, 4.883%, 8/15/20 (144A) 30,000 $33,252
Cummins, Inc., 5.65%, 3/1/98 60,000 $69,057
Cummins, Inc., 6.75%, 2/15/27 10,000 $12,747
CVS Pass-Through Trust, 5.773%, 1/10/33 (144A) 15,000 $15,310
DBUBS 2011-LC3 Mortgage Trust, Floating Rate Note, 8/10/44 (144A) 100,000 $112,559
DCP Midstream LLC, 9.75%, 3/15/19 (144A) 25,000 $32,865
DCP Midstream LLC, Floating Rate Note, 5/21/43 (144A) 50,000 $49,069
Delphi Financial Group, Inc., 7.875%, 1/31/20 35,000 $43,472
Delta Air Lines 2010-2 Class A Pass Through Trust, 4.95%, 5/23/19 15,000 $11,903
Digital Realty Trust LP, 4.5%, 7/15/15 20,000 $20,560
Domino's Pizza Master Issuer LLC, 5.216%, 1/25/42 (144A) 100,000 $103,052
DuPont Fabros Technology LP, 5.875%, 9/15/21 50,000 $52,110
Eastman Chemical Co., 4.8%, 9/1/42 20,000 $20,638
Ecuador Government International Bond, 7.95%, 6/20/24 (144A) 200,000 $210,311
Electricite de France SA, 6.0%, 1/22/14 (144A) 100,000 $113,239
Empresa de Telecomunicaciones de Bogota, 7.0%, 1/17/23 (144A) 124,000,000 $63,742
Enel S.p.A., Floating Rate Note, 9/24/73 (144A) 200,000 $242,174
EnLink Midstream Partners LP, 4.4%, 4/1/24 90,000 $95,535
Entegris, Inc., 6.0%, 4/1/22 (144A) 25,000 $26,313
EP Energy LLC, 9.375%, 5/1/20 50,000 $56,547
European Investment Bank, 0.0%, 3/2/15 65,000 $29,094
Expedia, Inc., 5.95%, 8/15/20 50,000 $57,697
Export-Import Bank of Korea, 5.875%, 1/14/15 100,000 $102,560
Fannie Mae, 3.0%, 8/18/14 60,000 $61,941
Fannie Mae, 3.5%, 5/1/44 250,000 $254,987
Fannie Mae, 3.5%, 8/18/14 58,000 $61,222
Fannie Mae, 3.5%, 9/1/42 270,000 $224,027
Fannie Mae, 4.5%, 4/1/41 80,000 $38,152
Fannie Mae, 5.0%, 6/1/40 100,000 $39,725
Federal Home Loan Mortgage Corp., 4.0%, 1/1/44 284,000 $287,408
Federal Home Loan Mortgage Corp., 4.0%, 5/1/44 500,000 $523,230
Federal Home Loan Mortgage Corp., 4.162%, 9/26/44 (144A) 100,000 $103,723
Federal Home Loan Mortgage Corp., 4.5%, 6/1/41 327,809 $104,313
Federal Home Loan Mortgage Corp., 5.0%, 10/1/38 750,000 $82,065
Federal Home Loan Mortgage Corp., 5.0%, 9/1/38 670,000 $70,166
Federal Home Loan Mortgage Corp., 6.0%, 8/1/37 345,434 $51,413
Federal Home Loan Mortgage Corp., 6.5%, 1/1/38 370,134 $31,393
Federal Home Loan Mortgage Corp., 6.5%, 4/1/38 500,000 $105,959
Federal Home Loan Mortgage Corp. REMICS, 5.0%, 6/15/34 40,000 $4,470
Federal National Mortgage Association REMICS, 4.5%, 6/25/29 20,000 $18,769
Federal National Mortgage Association REMICS, 6.0%, 3/25/35 225,000 $11,402
First Investors Auto Owner Trust 2013-1, 2.02%, 1/15/19 (144A) 25,000 $25,000
First NLC Trust 2005-2, Floating Rate Note, 9/25/35 50,000 $21,591
Flextronics International, Ltd., 4.625%, 2/15/20 100,000 $103,383
Freeport-McMoRan, Inc., 3.875%, 3/15/23 35,000 $35,167
FREMF Mortgage Trust 2010-K9 REMICS, 5.192%, 9/25/45 (144A) 45,000 $49,694
FREMF Mortgage Trust 2011-K12, 4.347%, 1/25/46 (144A) 25,000 $26,402
FREMF Mortgage Trust 2011-K701, 4.286%, 7/25/48 (144A) 25,000 $26,400
FREMF Mortgage Trust 2011-K702, 4.77%, 4/25/44 (144A) 25,000 $26,880
FREMF Mortgage Trust 2011-K703, 4.884%, 7/25/44 (144A) 50,000 $53,960
Frontier Communications Corp., 8.5%, 4/15/20 30,000 $35,326
Fx Vanilla Option Call Usd/Put Try 2.95 12 01 2015 Tr -84,202 $-81
GATX Corp., 6.0%, 2/15/18 40,000 $45,937
GCI, Inc., 6.75%, 6/1/21 50,000 $50,688
General Cable Corp., 4.5%, 11/15/29 (Step) 56,000 $51,562
General Electric Capital Corp., Floating Rate Note (Perpetual) 100,000 $117,910
Ghana Government Bond, 16.9%, 3/7/16 10,000 $2,819
Ghana Government Bond, 19.24%, 5/30/16 100,000 $27,611
Ghana Government Bond, 21.0%, 10/26/15 0 $-271
Ghana Government Bond, 26.0%, 6/5/17 25,000 $7,518
Glencore Funding LLC, 4.125%, 5/30/23 (144A) 25,000 $25,117
GLP Capital LP, 4.375%, 11/1/18 50,000 $51,297
GMAC Capital Trust I, Floating Rate Note, 2/15/40 850 $23,103
Goldcorp, Inc., 3.7%, 3/15/23 35,000 $34,890
Government National Mortgage Association, 4.5%, 9/20/39 50,000 $54,356
Government National Mortgage Association, 5.25%, 8/16/35 10,000 $17,769
Government National Mortgage Association, Floating Rate Note, 2/16/53 250,000 $18,573
Government National Mortgage Association, Floating Rate Note, 8/16/52 300,000 $19,099
Government National Mortgage Association, Floating Rate Note, 9/16/52 350,000 $26,947
Government National Mortgage Association I, 4.5%, 1/15/40 100,000 $64,194
Government National Mortgage Association I, 4.5%, 7/15/41 100,000 $64,382
Government National Mortgage Association I, 4.5%, 9/15/40 100,000 $68,771
Government National Mortgage Association II, 4.5%, 9/20/41 160,000 $87,860
GS Mortgage Securities Corp II, 3.682%, 2/10/46 (144A) 25,000 $25,044
GS Mortgage Securities Trust 2006-GG8 REMICS, 5.56%, 11/10/39 50,000 $54,172
GS Mortgage Securities Trust 2012-GCJ7, 3.377%, 5/10/45 50,000 $51,609
GSR Mortgage Loan Trust 2003-9, Floating Rate Note, 8/25/33 1,000,000 $69,278
GTP Acquisition Partners I LLC, 4.347%, 6/15/16 (144A) 45,000 $46,101
GTP Towers Issuer LLC, 4.436%, 2/15/15 (144A) 45,000 $45,871
Healthcare Realty Trust, Inc., 6.5%, 1/17/17 0 $63
Highwoods Realty LP, 3.625%, 1/15/23 35,000 $34,503
Holcim US Finance Sarl & Cie SCS, 6.0%, 12/30/19 (144A) 30,000 $34,763
Hologic, Inc., 2.0%, 12/15/37 (Step) 70,000 $88,610
Hospitality Properties Trust, 5.0%, 8/15/22 25,000 $26,961
Indianapolis Airport Authority, 5.1%, 1/15/17 20,000 $22,026
Indonesia Treasury Bond, 6.125%, 5/15/28 222,000,000 $15,851
Indonesia Treasury Bond, 7.0%, 5/15/27 200,000,000 $15,671
Indonesia Treasury Bond, 7.375%, 9/15/16 2,500,000,000 $221,404
Indonesia Treasury Bond, 8.25%, 6/15/32 1,210,000,000 $101,840
Intel Corp., 2.95%, 12/15/35 45,000 $57,713
Inter-American Development Bank, 4.5%, 2/4/16 850,000,000 $72,482
International Bank for Reconstruction & Development, 5.75%, 10/21/19 185,000 $192,946
International Finance Corp., 5.0%, 12/21/15 200,000 $85,269
International Finance Corp., 7.75%, 12/3/16 3,790,000 $63,963
International Finance Corp., 8.25%, 6/10/21 9,500,000 $168,535
International Game Technology, 7.5%, 6/15/19 25,000 $28,765
Intesa Sanpaolo S.p.A., 6.5%, 2/24/21 (144A) 100,000 $118,834
Ireland Government Bond, 5.0%, 10/18/20 35,000 $59,188
Irwin Home Equity Loan Trust 2005-1, 5.32%, 6/25/35 (Step) 62,000 $10,040
Italy Buoni Poliennali Del Tesoro, 4.75%, 8/1/23 (144A) 100,000 $161,644
Ivory Coast Government International Bond, 5.375%, 7/23/24 (144A) 200,000 $196,239
Japan Government Ten Year Bond, 1.0%, 12/20/21 20,000,000 $204,320
Japan Government Twenty Year Bond, 1.5%, 3/20/19 20,000,000 $207,663
JobsOhio Beverage System, 3.985%, 1/1/29 70,000 $70,464
JobsOhio Beverage System, 4.532%, 1/1/35 20,000 $20,847
JPMorgan Chase & Co., 4.25%, 11/2/18 100,000 $82,787
JPMorgan Chase & Co., 6.0%, 1/15/18 25,000 $28,418
JPMorgan Chase & Co., Floating Rate Note (Perpetual) 125,000 $119,809
JP Morgan Chase Commercial Mortgage Securities Corp., Floating Rate Note, 10/15/25 (144A) 100,000 $100,234
JP Morgan Chase Commercial Mortgage Securities Trust 2006-FL2, Floating Rate Note, 11/15/18 (144A) 125,000 $39,459
JP Morgan Chase Commercial Mortgage Securities Trust 2011-C5, 4.1712%, 8/17/46 35,000 $37,893
JP Morgan Mortgage Trust 2004-A1, Floating Rate Note, 2/25/34 150,000 $13,440
JP Morgan Mortgage Trust 2004-A2, Floating Rate Note, 5/25/34 1,500,000 $108,451
JP Morgan Mortgage Trust 2004-S1, 5.0%, 9/25/34 271,475 $17,809
JP Morgan Mortgage Trust 2004-S1, 6.0%, 9/25/34 82,200 $15,795
KB Home, 1.375%, 2/1/19 50,000 $48,688
KENT BSF PROJECT, 0.0%, 8/11/14 7,450,000 $84,614
Kinder Morgan Energy Partners LP, 4.15%, 3/1/22 70,000 $73,081
KKR Group Finance Co II LLC, 5.5%, 2/1/43 (144A) 100,000 $111,481
KLA-Tencor Corp., 6.9%, 5/1/18 25,000 $29,521
Kraft Foods Group, Inc., 3.5%, 6/6/22 70,000 $71,739
Lam Research Corp., 1.25%, 5/15/18 17,000 $22,867
Linn Energy LLC, 6.25%, 11/1/19 90,000 $92,756
Linn Energy LLC, 8.625%, 4/15/20 51,000 $55,164
Lorillard Tobacco Co., 3.75%, 5/20/23 20,000 $19,742
Macquarie Bank, Ltd., 6.625%, 4/7/21 (144A) 100,000 $116,977
Macquarie Group, Ltd., 6.0%, 1/14/20 (144A) 10,000 $11,292
Malaysia Government Bond, 3.418%, 8/15/22 507,000 $156,227
Marathon Oil Corp., 5.9%, 3/15/18 23,000 $26,668
Masco Corp., 5.95%, 3/15/22 25,000 $28,249
Masco Corp., 7.125%, 3/15/20 85,000 $101,950
Massachusetts Development Finance Agency, 5.25%, 4/1/37 25,000 $27,692
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 25,000 $33,315
Massachusetts Institute of Technology, 5.6%, 7/1/11 25,000 $31,540
MASTR Alternative Loan Trust 2004-10, 5.5%, 10/25/19 63,000 $5,552
MASTR Alternative Loan Trust 2004-13, 4.5%, 1/25/15 200,000 $217
MASTR Alternative Loan Trust 2004-6, 6.0%, 7/25/34 200,000 $41,533
MASTR Seasoned Securitization Trust 2005-1, Floating Rate Note, 9/25/32 700,000 $48,412
Mastr Specialized Loan Trust, Floating Rate Note, 10/25/34 (144A) 50,000 $51,522
MedAssets, Inc., 8.0%, 11/15/18 75,000 $79,454
Metinvest BV, 10.25%, 5/20/15 (144A) 100,000 $93,522
MetroPCS Wireless, Inc., 6.625%, 11/15/20 75,000 $79,799
Mexican Bonos, 6.5%, 6/9/22 1,050,000 $84,385
Mexican Bonos, 7.5%, 6/3/27 300,000 $25,611
Mexican Udibonos, 2.0%, 6/9/22 678,200 $261,926
Mexican Udibonos, 3.5%, 12/14/17 900,000 $383,090
ML-CFC Commercial Mortgage Trust 2006-3, Floating Rate Note, 7/12/46 75,000 $76,688
Mohawk Industries, Inc., 3.85%, 2/1/23 25,000 $25,481
Mondelez International, Inc., 6.5%, 2/9/40 32,000 $41,943
Montpelier Re Holdings, Ltd., 4.7%, 10/15/22 50,000 $52,211
Morgan Stanley, 4.1%, 5/22/23 75,000 $75,828
Morgan Stanley, 4.875%, 11/1/22 50,000 $53,847
Nakilat, Inc., 6.267%, 12/31/33 (144A) 100,000 $99,898
New Century Home Equity Loan Trust 2005-1, Floating Rate Note, 3/25/35 60,000 $9,565
New York State Dormitory Authority, 5.0%, 7/1/40 50,000 $56,829
New Zealand Government Bond, 5.5%, 4/15/23 490,000 $459,459
Nigeria Government Bond, 16.0%, 6/29/19 31,551,000 $232,769
Norway Government Bond, 2.0%, 5/24/23 1,800,000 $282,551
Norway Government Bond, 4.25%, 5/19/17 965,000 $166,591
Norway Government Bond, 4.5%, 5/22/19 1,490,000 $269,550
Norway Government Bond, 5.0%, 5/15/15 1,675,000 $276,708
NRP Mortgage Trust 2013-1, Floating Rate Note, 7/25/43 (144A) 50,000 $47,556
OneBeacon US Holdings, Inc., 4.6%, 11/9/22 20,000 $20,725
Origen Manufactured Housing Contract Trust 2004-A, Floating Rate Note, 1/15/35 30,000 $13,628
Pangaea Zero% 01jul18 30,000 $30,558
Panoche Energy Center LLC, 6.885%, 7/31/29 (144A) 40,000 $40,155
Paragon Secured Finance Plc, Floating Rate Note, 11/15/35 400,000 $99,827
Permanent Master Issuer Plc, Floating Rate Note, 7/15/42 100,000 $134,942
Permanent University Fund, 5.0%, 7/1/30 20,000 $24,010
Piedmont Operating Partnership LP, 3.4%, 6/1/23 50,000 $47,513
Plains All American Pipeline LP, 6.125%, 1/15/17 25,000 $27,959
Plains Exploration & Production Co., 6.75%, 2/1/22 45,000 $52,369
Platinum Underwriters Finance, Inc., 7.5%, 6/1/17 40,000 $46,098
Poland Government Bond, 5.25%, 10/25/17 1,000,000 $358,839
Poland Government Bond, 5.5%, 4/25/15 1,000,000 $332,323
Poland Government International Bond, 4.0%, 1/22/24 100,000 $103,725
Post Holdings, Inc., 7.375%, 2/15/22 150,000 $164,851
Pride International, Inc., 6.875%, 8/15/20 25,000 $30,859
Protective Life Corp., 7.375%, 10/15/19 45,000 $56,521
Province of Ontario Canada, 6.25%, 6/16/15 100,000 $87,137
Prudential Financial, Inc., Floating Rate Note, 9/15/42 100,000 $110,469
Public Service Co of New Mexico, 7.95%, 5/15/18 70,000 $85,160
Queensland Treasury Corp., 5.75%, 7/22/24 100,000 $106,178
Questar Pipeline Co., 5.83%, 2/1/18 10,000 $11,376
RAAC Series 2004-SP2 Trust, 6.0%, 1/25/32 900,000 $39,936
RALI Series 2002-QS16 Trust, Floating Rate Note, 10/25/17 650,000 $13,294
RALI Series 2004-QS13 Trust, 5.0%, 9/25/19 200,000 $24,890
RALI Series 2004-QS16 Trust, 5.5%, 12/25/34 100,000 $6,859
RALI Series 2004-QS1 Trust, 4.25%, 1/25/34 1,322,000 $12,071
RALI Series 2004-QS1 Trust, Floating Rate Note, 1/25/34 206,000 $2,684
Range Resources Corp., 5.0%, 3/15/23 100,000 $104,639
Raymond James Financial, Inc., 4.25%, 4/15/16 25,000 $26,626
Residential Asset Securitization Trust 2004-A10, 5.5%, 2/25/35 200,000 $6,047
Residential Asset Securitization Trust 2004-A9, 5.75%, 12/25/34 50,000 $21,754
RESI Finance LP, Floating Rate Note, 9/10/35 (144A) 100,000 $19,824
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 2,000,000 $12,259
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 2,500,000 $21,862
Romania Government Bond, 5.85%, 4/26/23 770,000 $267,108
Romania Government Bond, 5.95%, 6/11/21 800,000 $270,021
Rowan Companies, Inc., 4.75%, 1/15/24 100,000 $104,558
Russian Federal Bond - OFZ, 7.5%, 3/15/18 4,200,000 $114,816
Santander Drive Auto Receivables Trust 2012-1, 3.78%, 11/15/17 30,000 $30,785
Scotiabank Peru SAA, Floating Rate Note, 12/13/27 (144A) 50,000 $48,300
Senior Housing Properties Trust, 6.75%, 4/15/20 45,000 $52,537
Sequoia Mortgage Trust 2005-2, Floating Rate Note, 3/20/35 225,000 $23,796
Sirius International Group, Ltd., Floating Rate Note (Perpetual) (144A) 95,000 $100,839
SNAAC Auto Receivables Trust, 3.11%, 6/15/17 (144A) 50,000 $19,266
Southern California Edison Co., Floating Rate Note (Perpetual) 50,000 $55,813
Spectra Energy Capital LLC, 6.2%, 4/15/18 25,000 $28,939
Spectra Energy Capital LLC, 6.75%, 7/15/18 10,000 $11,452
Springleaf Funding Trust 2013-A, 2.58%, 9/15/21 (144A) 100,000 $100,841
Stanley Black & Decker, Inc., Floating Rate Note, 12/15/53 50,000 $54,524
State Street Corp., Floating Rate Note, 12/31/73 1,000 $25,770
Structured Asset Securities Corp., 4.77%, 10/25/34 (Step) 50,000 $5,237
Structured Asset Securities Corp Mor Cer Ser 2003-31A, Floating Rate Note, 10/25/33 300,000 $36,113
Sunoco Logistics Partners Operations LP, 6.1%, 2/15/42 60,000 $70,686
Telefonica Emisiones SAU, 5.496%, 4/1/16 50,000 $73,442
Terwin Mortgage Trust Series TMTS 2005-16HE, 4.60279%, 9/25/36 (Step) 300,000 $62,819
The Allstate Corp., Floating Rate Note, 1/15/53 2,225 $55,514
The Allstate Corp., Floating Rate Note, 5/15/57 110,000 $121,684
The Hanover Insurance Group, Inc., 7.5%, 3/1/20 50,000 $60,961
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 65,000 $65,464
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 115,000 $132,063
The Williams Companies, Inc., 7.75%, 6/15/31 13,000 $15,671
TimberStar Trust 1 REMICS, 5.668%, 10/15/36 (144A) 50,000 $54,381
Time Warner Cable, Inc., 8.25%, 4/1/19 10,000 $12,836
Tufts University, 5.017%, 4/15/12 75,000 $77,171
Turkey Government Bond, 10.5%, 1/15/20 180,928 $91,772
U.S. Treasury Bonds, 4.5%, 2/15/36 60,000 $74,296
U.S. Treasury Bonds, 4.5%, 8/15/39 60,000 $74,614
Unison Ground Lease Funding LLC, 2.981%, 3/16/20 (144A) 25,000 $25,135
United Airlines 2013-1 Class B Pass Through Trust, 5.375%, 8/15/21 75,000 $80,046
United Kingdom Gilt, 4.25%, 9/7/39 70,000 $140,073
United Kingdom Gilt, 8.75%, 8/25/17 75,000 $159,014
University of California, 3.38%, 5/15/28 50,000 $48,641
US Airways 2013-1 Class A Pass Through Trust, 3.95%, 5/15/27 100,000 $102,714
US Bancorp, Floating Rate Note (Perpetual) 4,350 $118,886
Valero Energy Corp., 9.375%, 3/15/19 21,000 $28,019
Valmont Industries, Inc., 6.625%, 4/20/20 20,000 $23,980
Verizon Communications, Inc., 6.55%, 9/15/43 70,000 $89,642
VimpelCom Holdings BV, 9.0%, 2/13/18 (144A) 5,000,000 $136,283
Viterra, Inc., 5.95%, 8/1/20 (144A) 50,000 $57,805
Volcan Cia Minera SAA, 5.375%, 2/2/22 (144A) 50,000 $51,336
WaMu Mortgage Pass-Through Certificates Series 2004-AR14 Trust, Floating Rate Note, 1/25/35 235,000 $52,043
Weatherford International, Ltd. Bermuda, 5.95%, 4/15/42 25,000 $28,736
Weatherford International, Ltd. Bermuda, 9.625%, 3/1/19 25,000 $33,475
Wells Fargo & Co., 7.5% (Perpetual) 80 $96,800
Wells Fargo Mortgage Backed Securities 2006-16 Trust, 5.0%, 11/25/36 100,000 $6,062
West Corp., Term B-10 Loan, 6/30/18 42,977 $42,647
West Penn Power Co., 5.95%, 12/15/17 (144A) 10,000 $11,310
Wilton Re Finance LLC, Floating Rate Note, 3/30/33 (144A) 25,000 $26,556
WireCo WorldGroup, Inc., 9.5%, 5/15/17 25,000 $25,876

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.