Pioneer Global Multisector Income Fund

Top 10 Portfolio Holdings as of 6/30/2014
Default: sorted by market value

Security Name Par / Shares Market Value
Access Flt% 24jun21 144a 200,000 $198,406
Activision Blizzard, Inc., 6.125%, 9/15/23 (144A) 50,000 $55,902
Aguila 3 SA, 7.875%, 1/31/18 (144A) 150,000 $163,205
Air Canada 2013-1 Class A Pass Through Trust, 4.125%, 11/15/26 (144A) 100,000 $99,350
Alexandria Real Estate Equities, Inc., 4.6%, 4/1/22 40,000 $42,754
Alpha Natural Resources, Inc., 6.0%, 6/1/19 45,000 $32,963
Altair Re, Floating Rate Note, 4/30/16 (Cat Bond) 16,836 $21,124
Alternative Loan Trust 2003-14T1, Floating Rate Note, 8/25/18 169,231 $7,766
Alternative Loan Trust 2004-4CB, 4.25%, 4/25/34 275,000 $13,691
Altrl Flt% 30jun16 50,000 $51,765
AngloGold Ashanti Holdings Plc, 5.375%, 4/15/20 35,000 $35,942
Anheuser-Busch InBev Worldwide, Inc., 7.75%, 1/15/19 20,000 $25,423
Astoria Financial Corp., 5.0%, 6/19/17 50,000 $54,402
Audatex North America, Inc., 6.0%, 6/15/21 (144A) 50,000 $53,508
Austria Government Bond, 4.15%, 3/15/37 (144A) 50,000 $92,081
Aviation Capital Group Corp., 6.75%, 4/6/21 (144A) 55,000 $62,747
AXA Bank Europe SCF, 3.5%, 11/5/20 50,000 $80,287
AXA SA, 8.6%, 12/15/30 60,000 $80,854
B&G Foods, Inc., 4.625%, 6/1/21 50,000 $50,318
Banc of America Alternative Loan Trust 2003-10, Floating Rate Note, 12/25/33 140,000 $9,403
Banc of America Alternative Loan Trust 2003-2, 5.75%, 4/25/33 173,000 $20,122
Banc of America Alternative Loan Trust 2003-7, 5.5%, 9/25/33 250,000 $54,768
Banc of America Alternative Loan Trust 2004-10, 5.5%, 11/25/19 125,000 $18,850
Banc of America Alternative Loan Trust 2004-2, 6.0%, 3/25/34 55,000 $14,789
Banc of America Alternative Loan Trust 2004-6, 5.0%, 7/25/19 90,000 $14,093
Banc of America Funding 2005-8 Trust, 5.5%, 1/25/36 100,000 $31,223
Banc of America Mortgage 2005-H Trust, Floating Rate Note, 9/25/35 28,000 $6,246
Banc of America Mortgage Trust 2004-11, 5.75%, 1/25/35 140,000 $15,348
Banc of America Mortgage Trust 2004-9, 5.5%, 11/25/34 25,000 $13,236
Bank of America Corp., 7.75%, 5/14/38 100,000 $138,384
Bankrate, Inc., 6.125%, 8/15/18 (144A) 100,000 $108,439
Baylor University, 4.313%, 3/1/42 25,000 $24,613
Bayview Commercial Asset Trust, 3.52691%, 9/25/37 (Step) (144A) 150,000 $5,402
Bayview Commercial Asset Trust, 4.12687%, 7/25/37 (Step) (144A) 250,000 $759
BCMSC Trust 1998-A, 6.65%, 4/15/28 170,000 $6,804
Bear Stearns Asset Backed Securities Trust, 8.41%, 10/25/29 (Step) 2,632,500 $79,264
Berau Coal Energy Tbk PT, 7.25%, 3/13/17 (144A) 25,000 $24,794
BM&FBovespa SA, 5.5%, 7/16/20 (144A) 100,000 $110,771
Bombardier, Inc., 4.25%, 1/15/16 (144A) 50,000 $52,605
Bowdoin College, 4.693%, 7/1/12 25,000 $24,065
Brazil Minas SPE via State of Minas Gerais, 5.333%, 2/15/28 (144A) 200,000 $205,829
British Sky Broadcasting Group Plc, 6.1%, 2/15/18 (144A) 25,000 $28,943
Buckeye Partners LP, 6.05%, 1/15/18 25,000 $28,946
Bundesschatzanweisungen, 0.25%, 3/11/16 215,000 $295,765
Burlington Northern Santa Fe LLC, 5.75%, 3/15/18 25,000 $29,085
California Statewide Communities Development Authority, 6.0%, 8/15/42 50,000 $61,076
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 56,000 $63,063
Capital Auto Receivables Asset Trust/ Ally, 1.74%, 10/22/18 50,000 $50,117
Carlyle Holdings II Finance LLC, 5.625%, 3/30/43 (144A) 25,000 $28,010
Carrizo Oil & Gas, Inc., 8.625%, 10/15/18 50,000 $53,598
Cemex SAB de CV, 5.875%, 3/25/19 (144A) 150,000 $159,100
CHL Mortgage Pass-Through Trust 2003-56, Floating Rate Note, 12/25/33 154,300 $9,695
Citicorp Residential Mortgage Trust Series 2006-1, 5.836%, 7/25/36 (Step) 100,000 $40,892
Citicorp Residential Mortgage Trust Series 2006-3, 5.703%, 11/25/36 (Step) 75,000 $42,009
Citigroup, Inc., Floating Rate Note, 12/31/49 (Perpetual) 3,000 $82,947
Citigroup Capital XIII, Floating Rate Note, 10/30/40 6,527 $180,798
Citigroup Commercial Mortgage Trust 2007-FL3, Floating Rate Note, 4/15/22 (144A) 50,000 $26,494
Citigroup Mortgage Loan Trust, Inc., 6.75%, 8/25/34 125,000 $26,642
City Center Trust 2011-CCHP, Floating Rate Note, 7/15/28 (144A) 100,000 $100,212
CKE Restaurant Holdings, Inc., 4.474%, 3/20/43 (144A) 50,000 $50,460
CoBank ACB, Floating Rate Note, 12/31/49 (Perpetual) (144A) 500 $52,047
COMM 2012-LC4 Mortgage Trust, 4.063%, 12/10/44 100,000 $106,118
COMM 2013-LC6 Mortgage Trust, 2.941%, 1/10/46 50,000 $49,498
Commonwealth Edison Co., 6.95%, 7/15/18 25,000 $30,364
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Australia, 6.0%, 10/29/15 100,000 $101,187
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Netherlands, 3.875%, 2/8/22 75,000 $80,602
Corporate Office Properties LP, 3.6%, 5/15/23 25,000 $24,020
Countrywide Asset-Backed Certificates, Floating Rate Note, 1/25/36 26,600 $4,494
Countrywide Asset-Backed Certificates, Floating Rate Note, 10/25/35 250,000 $16,080
Countrywide Asset-Backed Certificates, Floating Rate Note, 2/25/36 127,000 $24,843
Credit Suisse Commercial Mortgage Trust Series 2007-C1, 5.361%, 2/15/40 50,000 $41,011
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 12/25/33 50,000 $2,764
Croatia Government International Bond, 5.5%, 4/4/23 (144A) 200,000 $210,408
Crown Castle Towers LLC, 4.883%, 8/15/20 (144A) 30,000 $33,203
Cummins, Inc., 5.65%, 3/1/98 60,000 $69,070
Cummins, Inc., 6.75%, 2/15/27 10,000 $12,748
CVS Pass-Through Trust, 5.773%, 1/10/33 (144A) 15,000 $15,405
DBUBS 2011-LC3 Mortgage Trust, Floating Rate Note, 8/10/44 (144A) 100,000 $113,365
DCP Midstream LLC, 9.75%, 3/15/19 (144A) 25,000 $32,952
DCP Midstream LLC, Floating Rate Note, 5/21/43 (144A) 50,000 $47,825
Delphi Financial Group, Inc., 7.875%, 1/31/20 35,000 $43,636
Delta Air Lines 2010-2 Class A Pass Through Trust, 4.95%, 5/23/19 15,000 $11,912
Digital Realty Trust LP, 4.5%, 7/15/15 20,000 $20,985
Domino's Pizza Master Issuer LLC, 5.216%, 1/25/42 (144A) 100,000 $104,759
DuPont Fabros Technology LP, 5.875%, 9/15/21 50,000 $53,115
Eastman Chemical Co., 4.8%, 9/1/42 20,000 $20,627
Ecua 7.95% 20jun24 144a 200,000 $207,186
Electricite de France SA, 6.0%, 1/22/14 (144A) 100,000 $115,576
Empresa de Telecomunicaciones de Bogota, 7.0%, 1/17/23 (144A) 124,000,000 $63,079
Enel S.p.A., Floating Rate Note, 9/24/73 (144A) 200,000 $240,215
EnLink Midstream Partners LP, 4.4%, 4/1/24 90,000 $95,566
Entegris, Inc., 6.0%, 4/1/22 (144A) 25,000 $26,125
EP Energy LLC, 9.375%, 5/1/20 50,000 $58,031
European Investment Bank, 0.0%, 3/2/15 65,000 $29,248
Expedia, Inc., 5.95%, 8/15/20 50,000 $57,697
Export-Import Bank of Korea, 5.875%, 1/14/15 100,000 $105,459
Fannie Mae, 3.5%, 5/1/44 250,000 $258,061
Fannie Mae, 3.5%, 9/1/42 270,000 $229,506
Fannie Mae, 4.5%, 4/1/41 80,000 $38,656
Fannie Mae, 5.0%, 6/1/40 100,000 $40,972
Federal Home Loan Mortgage Corp., 4.0%, 1/1/44 284,000 $293,971
Federal Home Loan Mortgage Corp., 4.0%, 5/1/44 500,000 $530,691
Federal Home Loan Mortgage Corp., 4.162%, 9/25/44 (144A) 100,000 $104,989
Federal Home Loan Mortgage Corp., 4.5%, 6/1/41 327,809 $107,508
Federal Home Loan Mortgage Corp., 5.0%, 10/1/38 750,000 $84,921
Federal Home Loan Mortgage Corp., 5.0%, 9/1/38 670,000 $72,924
Federal Home Loan Mortgage Corp., 6.0%, 8/1/37 345,434 $55,021
Federal Home Loan Mortgage Corp., 6.5%, 1/1/38 370,134 $31,288
Federal Home Loan Mortgage Corp., 6.5%, 4/1/38 500,000 $114,110
Federal Home Loan Mortgage Corp. REMICS, 5.0%, 6/15/34 40,000 $5,308
Federal National Mortgage Association REMICS, 4.5%, 6/25/29 20,000 $19,294
Federal National Mortgage Association REMICS, 6.0%, 3/25/35 225,000 $13,393
First Investors Auto Owner Trust 2013-1, 2.02%, 1/15/19 (144A) 25,000 $25,076
First NLC Trust 2005-2, Floating Rate Note, 9/25/35 50,000 $21,964
Flextronics International, Ltd., 4.625%, 2/15/20 100,000 $104,497
Fn15 3.5% 17jul14 58,000 $61,561
Fn15 3% 17jul14 60,000 $62,405
Freeport-McMoRan Copper & Gold, Inc., 3.875%, 3/15/23 35,000 $35,293
FREMF Mortgage Trust 2010-K9 REMICS, 5.192%, 9/25/45 (144A) 45,000 $50,477
FREMF Mortgage Trust 2011-K12, 4.347%, 1/25/46 (144A) 25,000 $26,812
FREMF Mortgage Trust 2011-K701, 4.286%, 7/25/48 (144A) 25,000 $26,723
FREMF Mortgage Trust 2011-K702, 4.77%, 4/25/44 (144A) 25,000 $27,241
FREMF Mortgage Trust 2011-K703, 4.887%, 7/25/44 (144A) 50,000 $54,720
Frontier Communications Corp., 8.5%, 4/15/20 30,000 $35,938
Fx Vanilla Option Call Usd/Put Try 2.95 12 01 2015 Tr -84,202 $-139
GATX Corp., 6.0%, 2/15/18 40,000 $46,047
GCI, Inc., 6.75%, 6/1/21 50,000 $50,906
General Cable Corp., 4.5%, 11/15/29 (Step) 56,000 $55,762
General Electric Capital Corp., Floating Rate Note, 12/31/49 (Perpetual) 100,000 $118,337
Ghana Government Bond, 16.9%, 3/7/16 10,000 $2,872
Ghana Government Bond, 19.24%, 5/30/16 100,000 $28,076
Ghana Government Bond, 21.0%, 10/26/15 380,000 $113,673
Ghana Government Bond, 26.0%, 6/5/17 25,000 $7,800
Glencore Funding LLC, 4.125%, 5/30/23 (144A) 25,000 $25,197
GLP Capital LP, 4.375%, 11/1/18 (144A) 50,000 $51,990
GMAC Capital Trust I, Floating Rate Note, 2/15/40 850 $23,205
Goldcorp, Inc., 3.7%, 3/15/23 35,000 $34,903
Government National Mortgage Association, 1.026%, 2/16/53 250,000 $18,813
Government National Mortgage Association, 1.067%, 9/16/52 350,000 $27,327
Government National Mortgage Association, 1.071%, 8/16/52 300,000 $19,368
Government National Mortgage Association, 4.5%, 9/20/39 50,000 $53,910
Government National Mortgage Association, 5.25%, 8/16/35 10,000 $17,917
Government National Mortgage Association I, 4.5%, 1/15/40 100,000 $65,506
Government National Mortgage Association I, 4.5%, 7/15/41 100,000 $65,875
Government National Mortgage Association I, 4.5%, 9/15/40 100,000 $69,224
Government National Mortgage Association II, 4.5%, 9/20/41 160,000 $90,008
GS Mortgage Securities Corp II, 3.682%, 2/10/46 (144A) 25,000 $25,175
GS Mortgage Securities Corp II, Floating Rate Note, 11/8/29 (144A) 100,000 $101,124
GS Mortgage Securities Trust 2006-GG8, 5.56%, 11/10/39 50,000 $54,449
GS Mortgage Securities Trust 2012-GCJ7, 3.377%, 5/10/45 50,000 $51,811
GSR Mortgage Loan Trust 2003-9, Floating Rate Note, 8/25/33 1,000,000 $67,406
GTP Acquisition Partners I LLC, 4.347%, 6/15/16 (144A) 45,000 $46,628
GTP Towers Issuer LLC, 4.436%, 2/15/15 (144A) 45,000 $45,820
Healthcare Realty Trust, Inc., 6.5%, 1/17/17 25,000 $28,848
Highwoods Realty LP, 3.625%, 1/15/23 35,000 $35,152
Holcim US Finance Sarl & Cie SCS, 6.0%, 12/30/19 (144A) 30,000 $35,664
Hologic, Inc., 2.0%, 12/15/37 (Step) 75,000 $94,145
Hospitality Properties Trust, 5.0%, 8/15/22 25,000 $26,920
Indianapolis Airport Authority, 5.1%, 1/15/17 20,000 $22,514
Indonesia Treasury Bond, 6.125%, 5/15/28 222,000,000 $14,941
Indonesia Treasury Bond, 7.0%, 5/15/27 200,000,000 $14,998
Indonesia Treasury Bond, 7.375%, 9/15/16 2,500,000,000 $215,135
Indonesia Treasury Bond, 8.25%, 6/15/32 1,210,000,000 $96,307
Intel Corp., 2.95%, 12/15/35 85,000 $105,777
Inter-American Development Bank, 4.5%, 2/4/16 850,000,000 $70,337
International Bank for Reconstruction & Development, 5.75%, 10/21/19 185,000 $195,012
International Finance Corp., 5.0%, 12/21/15 400,000 $173,569
International Finance Corp., 7.75%, 12/3/16 3,790,000 $64,102
International Finance Corp., 8.25%, 6/10/21 9,500,000 $166,788
International Game Technology, 7.5%, 6/15/19 25,000 $28,502
Intesa Sanpaolo S.p.A., 6.5%, 2/24/21 (144A) 100,000 $120,568
Ireland Government Bond, 5.0%, 10/18/20 35,000 $60,156
Irwin Home Equity Loan Trust 2005-1, 5.32%, 6/25/35 (Step) 62,000 $10,253
Italy Buoni Poliennali Del Tesoro, 4.75%, 8/1/23 (144A) 100,000 $163,364
Japan Government Ten Year Bond, 1.0%, 12/20/21 20,000,000 $207,078
Japan Government Twenty Year Bond, 1.5%, 3/20/19 20,000,000 $210,697
JobsOhio Beverage System, 3.985%, 1/1/29 70,000 $71,962
JobsOhio Beverage System, 4.532%, 1/1/35 20,000 $21,151
JPMorgan Chase & Co., 4.25%, 11/2/18 100,000 $84,564
JPMorgan Chase & Co., 6.0%, 1/15/18 25,000 $29,320
JPMorgan Chase & Co., Floating Rate Note, 12/31/49 (Perpetual) 125,000 $120,917
JP Morgan Chase Commercial Mortgage Securities Corp., Floating Rate Note, 10/15/25 (144A) 100,000 $100,279
JP Morgan Chase Commercial Mortgage Securities Trust 2006-FL2, Floating Rate Note, 11/15/18 (144A) 125,000 $39,458
JP Morgan Chase Commercial Mortgage Securities Trust 2011-C5, 4.1712%, 8/15/46 35,000 $38,104
JP Morgan Mortgage Trust 2004-A1, Floating Rate Note, 2/25/34 150,000 $13,493
JP Morgan Mortgage Trust 2004-A2, Floating Rate Note, 5/25/34 1,500,000 $113,983
JP Morgan Mortgage Trust 2004-S1, 5.0%, 9/25/34 271,475 $18,244
JP Morgan Mortgage Trust 2004-S1, 6.0%, 9/25/34 82,200 $16,763
KB Home, 1.375%, 2/1/19 50,000 $50,536
KENT BSF PROJECT, 0.0%, 8/11/14 7,450,000 $84,068
Kinder Morgan Energy Partners LP, 4.15%, 3/1/22 70,000 $73,685
KKR Group Finance Co II LLC, 5.5%, 2/1/43 (144A) 100,000 $108,538
KLA-Tencor Corp., 6.9%, 5/1/18 25,000 $29,702
Kraft Foods Group, Inc., 3.5%, 6/6/22 70,000 $72,044
Lam Research Corp., 1.25%, 5/15/18 75,000 $102,589
Linn Energy LLC, 7.25%, 11/1/19 (144A) 90,000 $95,363
Linn Energy LLC, 8.625%, 4/15/20 51,000 $56,009
Lorillard Tobacco Co., 3.75%, 5/20/23 20,000 $19,838
Macquarie Bank, Ltd., 6.625%, 4/7/21 (144A) 100,000 $116,342
Macquarie Group, Ltd., 6.0%, 1/14/20 (144A) 10,000 $11,607
Malaysia Government Bond, 3.418%, 8/15/22 507,000 $153,794
Marathon Oil Corp., 5.9%, 3/15/18 23,000 $26,727
Masco Corp., 5.95%, 3/15/22 25,000 $28,063
Masco Corp., 7.125%, 3/15/20 85,000 $101,804
Massachusetts Development Finance Agency, 5.25%, 4/1/37 25,000 $27,733
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 25,000 $33,918
Massachusetts Institute of Technology, 5.6%, 7/1/11 25,000 $32,072
MASTR Alternative Loan Trust 2004-10, 5.5%, 10/25/19 63,000 $5,650
MASTR Alternative Loan Trust 2004-13, 4.5%, 1/25/15 200,000 $412
MASTR Alternative Loan Trust 2004-6, 6.0%, 7/25/34 200,000 $41,538
MASTR Alternative Loan Trust 2005-1, 5.5%, 2/25/35 52,036 $15,276
MASTR Seasoned Securitization Trust 2005-1, Floating Rate Note, 9/25/32 700,000 $47,971
Mastr Specialized Loan Trust, Floating Rate Note, 11/25/34 (144A) 50,000 $49,491
MedAssets, Inc., 8.0%, 11/15/18 75,000 $80,079
Metinvest BV, 10.25%, 5/20/15 (144A) 100,000 $97,417
MetLife, Inc., 10.75%, 8/1/69 35,000 $57,174
MetroPCS Wireless, Inc., 6.625%, 11/15/20 75,000 $80,697
Mexican Bonos, 6.5%, 6/9/22 1,050,000 $86,082
Mexican Bonos, 7.5%, 6/3/27 300,000 $26,254
Mexican Udibonos, 2.0%, 6/9/22 678,200 $267,097
Mexican Udibonos, 3.5%, 12/14/17 900,000 $389,896
ML-CFC Commercial Mortgage Trust 2006-3, Floating Rate Note, 7/12/46 75,000 $77,458
Mohawk Industries, Inc., 3.85%, 2/1/23 25,000 $25,307
Mondelez International, Inc., 6.5%, 2/9/40 32,000 $41,797
Montpelier Re Holdings, Ltd., 4.7%, 10/15/22 50,000 $52,170
Morgan Stanley, 4.1%, 5/22/23 75,000 $76,414
Morgan Stanley, 4.875%, 11/1/22 50,000 $54,077
Nakilat, Inc., 6.267%, 12/31/33 (144A) 100,000 $102,894
New Century Home Equity Loan Trust 2005-1, Floating Rate Note, 3/25/35 60,000 $9,555
New York State Dormitory Authority, 5.0%, 7/1/40 50,000 $57,799
Nigeria Government Bond, 16.0%, 6/29/19 31,551,000 $226,450
Norway Government Bond, 2.0%, 5/24/23 1,800,000 $285,750
Norway Government Bond, 4.25%, 5/19/17 965,000 $170,427
Norway Government Bond, 4.5%, 5/22/19 1,490,000 $275,279
Norway Government Bond, 5.0%, 5/15/15 1,675,000 $283,484
Nrpmt Flt% 25jul43 13-1-A1 50,000 $48,656
OneBeacon US Holdings, Inc., 4.6%, 11/9/22 20,000 $20,782
Origen Manufactured Housing Contract Trust 2004-A, Floating Rate Note, 1/15/35 30,000 $13,879
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 $40,010
Paragon Secured Finance Plc, Floating Rate Note, 11/15/35 400,000 $100,970
Permanent Master Issuer Plc, Floating Rate Note, 7/15/42 100,000 $138,528
Permanent University Fund, 5.0%, 7/1/30 20,000 $24,453
Piedmont Operating Partnership LP, 3.4%, 6/1/23 50,000 $47,672
Plains All American Pipeline LP, 6.125%, 1/15/17 25,000 $28,722
Plains Exploration & Production Co., 6.75%, 2/1/22 45,000 $52,294
Platinum Underwriters Finance, Inc., 7.5%, 6/1/17 40,000 $46,169
Poland Government Bond, 5.25%, 10/25/17 1,000,000 $367,207
Poland Government Bond, 5.5%, 4/25/15 1,000,000 $340,779
Poland Government International Bond, 4.0%, 1/22/24 100,000 $105,517
Post Holdings, Inc., 7.375%, 2/15/22 150,000 $166,367
Pride International, Inc., 6.875%, 8/15/20 25,000 $31,028
Protective Life Corp., 7.375%, 10/15/19 45,000 $56,379
Province of Ontario Canada, 6.25%, 6/16/15 100,000 $89,428
Prudential Financial, Inc., Floating Rate Note, 9/15/42 100,000 $110,355
Public Service Co of New Mexico, 7.95%, 5/15/18 70,000 $84,753
Queensland Treasury Corp., 5.75%, 7/22/24 100,000 $110,230
Questar Pipeline Co., 5.83%, 2/1/18 10,000 $11,351
RAAC Series 2004-SP2 Trust, 6.0%, 1/25/32 900,000 $40,086
RALI Series 2002-QS16 Trust, Floating Rate Note, 10/25/17 650,000 $13,841
RALI Series 2004-QS13 Trust, 5.0%, 9/25/19 200,000 $25,826
RALI Series 2004-QS16 Trust, 5.5%, 12/25/34 100,000 $7,084
RALI Series 2004-QS1 Trust, 4.25%, 1/25/34 1,322,000 $13,373
RALI Series 2004-QS1 Trust, Floating Rate Note, 1/25/34 206,000 $2,941
Range Resources Corp., 5.0%, 3/15/23 100,000 $107,972
Raymond James Financial, Inc., 4.25%, 4/15/16 25,000 $26,629
Residential Asset Securitization Trust 2004-A10, 5.5%, 2/25/35 200,000 $6,179
Residential Asset Securitization Trust 2004-A9, 5.75%, 12/25/34 50,000 $22,030
RESI Finance LP, Floating Rate Note, 9/10/35 (144A) 100,000 $19,965
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 2,000,000 $18,876
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 2,500,000 $34,175
Romania Government Bond, 5.85%, 4/26/23 770,000 $268,805
Rowan Companies, Inc., 4.75%, 1/15/24 100,000 $107,993
Russian Federal Bond - OFZ, 7.5%, 3/15/18 4,200,000 $124,099
Santander Drive Auto Receivables Trust 2012-1, 3.78%, 11/15/17 30,000 $30,848
Scotiabank Peru SA, Floating Rate Note, 12/13/27 (144A) 50,000 $47,988
Senior Housing Properties Trust, 6.75%, 4/15/20 45,000 $52,630
Sequoia Mortgage Trust 2005-2, Floating Rate Note, 3/20/35 200,000 $20,331
Sirius International Group, Ltd., Floating Rate Note, 12/31/49 (Perpetual) (144A) 95,000 $103,335
SNAAC Auto Receivables Trust, 3.11%, 6/15/17 (144A) 50,000 $25,304
Southern California Edison Co., Floating Rate Note, 12/31/49 (Perpetual) 50,000 $55,552
Spectra Energy Capital LLC, 6.2%, 4/15/18 25,000 $29,019
Spectra Energy Capital LLC, 6.75%, 7/15/18 10,000 $11,788
Springleaf Funding Trust 2013-A, 2.58%, 9/15/21 (144A) 100,000 $100,847
Stanley Black & Decker, Inc., Floating Rate Note, 12/15/53 50,000 $54,128
State Street Corp., Floating Rate Note, 12/31/73 1,000 $26,200
Structured Asset Securities Corp., 4.77%, 10/25/34 (Step) 50,000 $5,758
Structured Asset Securities Corp Mor Cer Ser 2003-31A, Floating Rate Note, 10/25/33 300,000 $36,270
Sunoco Logistics Partners Operations LP, 6.1%, 2/15/42 60,000 $70,611
Telefonica Emisiones SAU, 5.496%, 4/1/16 50,000 $74,987
Terwin Mortgage Trust Series TMTS 2005-16HE, 4.60746%, 9/25/36 (Step) 300,000 $63,461
The Allstate Corp., Floating Rate Note, 1/15/53 2,225 $55,914
The Allstate Corp., Floating Rate Note, 5/15/57 110,000 $120,814
The Hanover Insurance Group, Inc., 7.5%, 3/1/20 50,000 $60,989
The PNC Financial Services Group, Inc., Floating Rate Note, 12/31/49 (Perpetual) 115,000 $131,416
The PNC Financial Services Group, Inc., Floating Rate Note, 2/21/49 (Perpetual) 65,000 $65,329
The Williams Companies, Inc., 7.75%, 6/15/31 13,000 $15,709
TimberStar Trust 1, 5.668%, 10/15/36 (144A) 50,000 $54,706
Time Warner Cable, Inc., 8.25%, 4/1/19 10,000 $12,878
Tufts University, 5.017%, 4/15/12 75,000 $76,952
Turkey Government Bond, 10.5%, 1/15/20 180,928 $96,647
U.S. Treasury Bonds, 4.5%, 2/15/36 60,000 $73,886
U.S. Treasury Bonds, 4.5%, 8/15/39 60,000 $74,149
Unison Ground Lease Funding LLC, 2.981%, 3/15/20 (144A) 25,000 $25,240
United Airlines 2013-1 Class B Pass Through Trust, 5.375%, 8/15/21 75,000 $79,523
United Kingdom Gilt, 4.25%, 9/7/39 70,000 $139,075
United Kingdom Gilt, 8.75%, 8/25/17 75,000 $160,816
University of California, 3.38%, 5/15/28 50,000 $47,397
US Airways 2013-1 Class A Pass Through Trust, 3.95%, 5/15/27 100,000 $102,005
US Bancorp, Floating Rate Note, 12/31/49 (Perpetual) 4,350 $119,234
Valero Energy Corp., 9.375%, 3/15/19 21,000 $28,143
Valmont Industries, Inc., 6.625%, 4/20/20 20,000 $24,027
Verizon Communications, Inc., 6.55%, 9/15/43 70,000 $89,441
VimpelCom Holdings BV, 9.0%, 2/13/18 (144A) 5,000,000 $146,203
Viterra, Inc., 5.95%, 8/1/20 (144A) 50,000 $58,308
Volcan Cia Minera SAA, 5.375%, 2/2/22 (144A) 50,000 $51,112
WaMu Mortgage Pass-Through Certificates Series 2004-AR14 Trust, Floating Rate Note, 1/25/35 235,000 $52,148
Weatherford International, Ltd. Bermuda, 5.95%, 4/15/42 25,000 $28,666
Weatherford International, Ltd. Bermuda, 9.625%, 3/1/19 25,000 $33,609
Wells Fargo & Co., 7.5%, 12/31/49 (Perpetual) 130 $157,820
Wells Fargo Mortgage Backed Securities 2006-16 Trust, 5.0%, 11/25/36 100,000 $6,400
West Corp., Term B-10 Loan, 6/30/18 48,902 $48,702
West Penn Power Co., 5.95%, 12/15/17 (144A) 10,000 $11,329
Wilton Re Finance LLC, Floating Rate Note, 3/30/33 (144A) 25,000 $26,434
WireCo WorldGroup, Inc., 9.5%, 5/15/17 25,000 $25,991

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.