Pioneer Global Multisector Income Fund

Top 10 Portfolio Holdings as of 12/31/2014
Default: sorted by market value

Security Name Par / Shares Market Value
Access Bank Plc, Floating Rate Note, 6/24/21 (144A) 200,000 $184,360
Activision Blizzard, Inc., 6.125%, 9/15/23 (144A) 50,000 $54,777
Aguila 3 SA, 7.875%, 1/31/18 (144A) 150,000 $150,080
Air Canada 2013-1 Class A Pass Through Trust, 4.125%, 11/15/26 (144A) 100,000 $96,685
Alexandria Real Estate Equities, Inc., 4.6%, 4/1/22 40,000 $43,006
Alpha Natural Resources, Inc., 6.0%, 6/1/19 45,000 $14,175
Alternative Loan Trust 2003-14T1, Floating Rate Note, 8/25/18 169,231 $6,596
Alternative Loan Trust 2004-4CB, 4.25%, 4/25/34 275,000 $8,988
Altrl Zero% 30jun16 31,264 $34,256
Anheuser-Busch InBev Worldwide, Inc., 7.75%, 1/15/19 20,000 $24,940
Austria Government Bond, 4.15%, 3/15/37 (144A) 50,000 $95,109
Aviation Capital Group Corp., 6.75%, 4/6/21 (144A) 55,000 $63,164
AXA Bank Europe SCF, 3.5%, 11/5/20 50,000 $71,488
AXA SA, 8.6%, 12/15/30 60,000 $81,741
B&G Foods, Inc., 4.625%, 6/1/21 50,000 $48,998
Banc of America Alternative Loan Trust 2003-10, Floating Rate Note, 12/25/33 140,000 $7,200
Banc of America Alternative Loan Trust 2003-2, 5.75%, 4/25/33 173,000 $18,311
Banc of America Alternative Loan Trust 2003-7, 5.5%, 9/25/33 250,000 $49,817
Banc of America Alternative Loan Trust 2004-10, 5.5%, 11/25/19 125,000 $16,520
Banc of America Alternative Loan Trust 2004-6, 5.0%, 7/25/19 100,000 $13,737
Banc of America Mortgage Trust 2004-11, 5.75%, 1/25/35 140,000 $12,987
Banc of America Mortgage Trust 2004-9, 5.5%, 11/25/34 25,000 $11,896
Bank of America Corp., 7.75%, 5/14/38 100,000 $142,242
Bankrate, Inc., 6.125%, 8/15/18 (144A) 100,000 $95,314
Baylor University, 4.313%, 3/1/42 25,000 $26,884
Bayview Commercial Asset Trust 2007-2, 0.0%, 7/27/37 (Step) (144A) 250,000 $0
Bayview Commercial Asset Trust 2007-4, 3.507978%, 9/25/37 (Step) (144A) 150,000 $3,635
BCMSC Trust 1998-A, 6.65%, 4/15/28 170,000 $3,077
Bear Stearns Asset Backed Securities Trust, 8.41%, 10/25/29 (Step) 2,632,500 $64,921
Berau Coal Energy Tbk PT, 7.25%, 3/13/17 (144A) 25,000 $12,106
BM&FBovespa SA, 5.5%, 7/16/20 (144A) 100,000 $108,521
Bowdoin College, 4.693%, 7/1/12 25,000 $26,606
Brazil Minas SPE via State of Minas Gerais, 5.333%, 2/16/28 (144A) 200,000 $201,529
Buckeye Partners LP, 6.05%, 1/15/18 25,000 $28,279
Building Materials Corp of America, 5.375%, 11/15/24 (144A) 30,000 $30,153
Bundesschatzanweisungen, 0.25%, 3/11/16 215,000 $261,820
Burlington Northern Santa Fe LLC, 5.75%, 3/15/18 25,000 $28,445
California Statewide Communities Development Authority, 6.0%, 8/15/42 50,000 $61,099
Canadian Government Bond, 1.75%, 9/1/19 700,000 $616,823
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 56,000 $62,111
Capital Auto Receivables Asset Trust/ Ally, 1.74%, 10/22/18 50,000 $50,192
Carlyle Holdings II Finance LLC, 5.625%, 3/30/43 (144A) 25,000 $29,270
Carrizo Oil & Gas, Inc., 7.5%, 9/15/20 (144A) 25,000 $24,552
Carrizo Oil & Gas, Inc., 8.625%, 10/15/18 50,000 $50,910
Cemex SAB de CV, 5.875%, 3/25/19 (144A) 150,000 $154,600
CHL Mortgage Pass-Through Trust 2003-56, Floating Rate Note, 12/25/33 154,300 $8,145
Citicorp Residential Mortgage Trust Series 2006-3, 5.703%, 11/25/36 (Step) 75,000 $40,072
Citigroup, Inc., Floating Rate Note (Perpetual) 15,000 $15,149
Citigroup, Inc., Floating Rate Note (Perpetual) 3,000 $81,360
Citigroup Capital XIII, Floating Rate Note, 10/30/40 5,917 $157,274
Citigroup Commercial Mortgage Trust 2007-FL3, Floating Rate Note, 4/15/22 (144A) 50,000 $26,583
Citigroup Mortgage Loan Trust, Inc., 6.75%, 9/25/34 125,000 $25,388
City Center Trust 2011-CCHP, Floating Rate Note, 7/17/28 (144A) 100,000 $100,130
CKE Restaurant Holdings, Inc., 4.474%, 3/20/43 (144A) 50,000 $49,439
CoBank ACB, Floating Rate Note (Perpetual) (144A) 500 $50,641
Colbun SA, 4.5%, 7/10/24 (144A) 200,000 $204,127
COMM 2012-LC4 Mortgage Trust, 4.063%, 12/12/44 100,000 $106,763
COMM 2013-LC6 Mortgage Trust, 2.941%, 1/12/46 50,000 $50,366
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Australia, 6.0%, 10/29/15 100,000 $84,459
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Netherlands, 3.875%, 2/8/22 75,000 $80,938
Corporate Office Properties LP, 3.6%, 5/15/23 20,000 $19,309
Countrywide Asset-Backed Certificates, Floating Rate Note, 1/25/36 26,600 $876
Countrywide Asset-Backed Certificates, Floating Rate Note, 12/25/35 127,000 $24,761
Credit Suisse Commercial Mortgage Trust Series 2007-C1, 5.361%, 2/15/40 50,000 $36,262
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 12/25/33 50,000 $735
Croatia Government International Bond, 5.5%, 4/4/23 (144A) 200,000 $209,858
Crown Castle Towers LLC, 4.883%, 8/15/20 (144A) 30,000 $33,042
Crusade Global Trust, Floating Rate Note, 11/15/37 489,000 $72,546
Crusade Global Trust No 1 of 2007, Floating Rate Note, 4/19/38 522,000 $87,315
Cummins, Inc., 5.65%, 3/1/98 60,000 $74,919
Cummins, Inc., 6.75%, 2/15/27 10,000 $13,116
CVS Pass-Through Trust, 5.773%, 1/10/33 (144A) 15,000 $15,591
CWABS Asset-Backed Certificates Trust 2005-4, Floating Rate Note, 9/27/32 250,000 $8,692
DBUBS 2011-LC3 Mortgage Trust, Floating Rate Note, 8/12/44 (144A) 100,000 $113,678
DCP Midstream LLC, 9.75%, 3/15/19 (144A) 25,000 $31,988
DCP Midstream LLC, Floating Rate Note, 5/21/43 (144A) 50,000 $48,825
Delphi Financial Group, Inc., 7.875%, 1/31/20 35,000 $43,160
Delta Air Lines 2010-2 Class A Pass Through Trust, 4.95%, 5/23/19 15,000 $10,939
Digital Realty Trust LP, 4.5%, 7/15/15 20,000 $20,605
Domino's Pizza Master Issuer LLC, 5.216%, 1/27/42 (144A) 100,000 $102,221
DuPont Fabros Technology LP, 5.875%, 9/15/21 50,000 $51,802
Eastman Chemical Co., 4.8%, 9/1/42 20,000 $20,545
Ecuador Government International Bond, 7.95%, 6/20/24 (144A) 200,000 $171,486
Electricite de France SA, 6.0%, 1/22/14 (144A) 100,000 $119,144
Empresa de Telecomunicaciones de Bogota, 7.0%, 1/17/23 (144A) 124,000,000 $54,151
Enel S.p.A., Floating Rate Note, 9/24/73 (144A) 200,000 $236,965
EnLink Midstream Partners LP, 4.4%, 4/1/24 90,000 $92,164
Entegris, Inc., 6.0%, 4/1/22 (144A) 25,000 $25,688
EP Energy LLC, 9.375%, 5/1/20 50,000 $51,281
European Bank for Reconstruction & Development, 6.0%, 3/3/16 850,000 $13,745
European Bank for Reconstruction & Development, 7.65%, 2/18/15 700,000 $11,866
European Investment Bank, 0.0%, 3/2/15 65,000 $27,449
Evraz Inc NA Canada, 7.5%, 11/15/19 (144A) 50,000 $48,938
Expedia, Inc., 5.95%, 8/15/20 50,000 $56,998
Export-Import Bank of Korea, 5.875%, 1/14/15 100,000 $102,842
Fannie Mae, 3.0%, 1/20/15 60,000 $62,460
Fannie Mae, 3.5%, 1/20/15 58,000 $61,379
Fannie Mae, 3.5%, 5/1/44 250,000 $258,534
Fannie Mae, 3.5%, 9/1/42 270,000 $213,529
Fannie Mae, 4.5%, 4/1/41 80,000 $36,649
Fannie Mae, 5.0%, 6/1/40 100,000 $37,059
Federal Home Loan Mortgage Corp., 3.5%, 12/1/44 200,000 $208,760
Federal Home Loan Mortgage Corp., 4.0%, 1/1/44 284,000 $272,330
Federal Home Loan Mortgage Corp., 4.0%, 5/1/44 500,000 $494,138
Federal Home Loan Mortgage Corp., 4.5%, 6/1/41 327,809 $96,964
Federal Home Loan Mortgage Corp., 5.0%, 10/1/38 750,000 $71,961
Federal Home Loan Mortgage Corp., 5.0%, 9/1/38 670,000 $61,757
Federal Home Loan Mortgage Corp., 6.0%, 8/1/37 345,434 $45,544
Federal Home Loan Mortgage Corp., 6.5%, 1/1/38 370,134 $30,847
Federal Home Loan Mortgage Corp., 6.5%, 4/1/38 500,000 $111,027
Federal Home Loan Mortgage Corp., Floating Rate Note, 9/26/44 (144A) 100,000 $102,684
Federal Home Loan Mortgage Corp. REMICS, 5.0%, 6/15/34 40,000 $578
Federal National Mortgage Association REMICS, 4.5%, 6/25/29 20,000 $16,693
Federal National Mortgage Association REMICS, 6.0%, 3/25/35 225,000 $3,612
First Investors Auto Owner Trust 2013-1, 2.02%, 1/15/19 (144A) 25,000 $24,938
First NLC Trust 2005-2, Floating Rate Note, 9/25/35 50,000 $15,325
Flextronics International, Ltd., 4.625%, 2/15/20 100,000 $103,247
Freeport-McMoRan, Inc., 3.875%, 3/15/23 35,000 $33,399
Freeport-McMoran Oil & Gas LLC, 6.75%, 2/1/22 45,000 $50,766
FREMF Mortgage Trust 2010-K9 REMICS, Floating Rate Note, 9/25/45 (144A) 45,000 $49,863
FREMF Mortgage Trust 2011-K12, Floating Rate Note, 1/25/46 (144A) 25,000 $26,554
FREMF Mortgage Trust 2011-K701, Floating Rate Note, 7/25/48 (144A) 25,000 $26,233
FREMF Mortgage Trust 2011-K702, Floating Rate Note, 4/25/44 (144A) 25,000 $26,686
FREMF Mortgage Trust 2011-K703, Floating Rate Note, 7/25/44 (144A) 50,000 $53,588
Frontier Communications Corp., 8.5%, 4/15/20 30,000 $33,988
Fx Vanilla Option Call Usd/Put Try 2.95 12 01 2015 Tr -84,202 $0
GATX Corp., 6.0%, 2/15/18 40,000 $45,386
GCI, Inc., 6.75%, 6/1/21 50,000 $49,406
General Cable Corp., 4.5%, 11/15/29 (Step) 56,000 $40,747
General Electric Capital Corp., Floating Rate Note (Perpetual) 100,000 $116,692
Ghana Government Bond, 16.9%, 3/7/16 10,000 $3,113
Glencore Funding LLC, 4.125%, 5/30/23 (144A) 25,000 $24,483
GLP Capital LP, 4.375%, 11/1/18 50,000 $51,490
GMAC Capital Trust I, Floating Rate Note, 2/15/40 850 $22,423
Government National Mortgage Association, 4.5%, 9/20/39 50,000 $54,212
Government National Mortgage Association, 5.25%, 8/16/35 10,000 $18,311
Government National Mortgage Association, Floating Rate Note, 2/16/53 250,000 $17,548
Government National Mortgage Association, Floating Rate Note, 8/16/52 300,000 $15,690
Government National Mortgage Association, Floating Rate Note, 9/16/52 350,000 $24,338
Government National Mortgage Association I, 4.5%, 1/15/40 100,000 $59,825
Government National Mortgage Association I, 4.5%, 7/15/41 100,000 $56,452
Government National Mortgage Association I, 4.5%, 9/15/40 100,000 $61,569
Government National Mortgage Association II, 4.5%, 9/20/41 160,000 $80,521
Government National Mortgage Association REMICS, Floating Rate Note, 11/16/54 100,000 $9,142
GS Mortgage Securities Corp II, 3.682%, 2/12/46 (144A) 25,000 $25,489
GS Mortgage Securities Trust 2006-GG8 REMICS, 5.56%, 11/10/39 50,000 $52,282
GS Mortgage Securities Trust 2012-GCJ7, 3.377%, 5/12/45 50,000 $52,063
GSR Mortgage Loan Trust 2003-9, Floating Rate Note, 8/25/33 1,000,000 $66,917
GTP Acquisition Partners I LLC, 4.347%, 6/15/41 (144A) 45,000 $45,920
Highwoods Realty LP, 3.625%, 1/15/23 35,000 $35,683
Holcim US Finance Sarl & Cie SCS, 6.0%, 12/30/19 (144A) 30,000 $34,342
Hospitality Properties Trust, 5.0%, 8/15/22 10,000 $10,727
Indianapolis Airport Authority, 5.1%, 1/15/17 20,000 $22,093
Indonesia Treasury Bond, 6.125%, 5/15/28 222,000,000 $15,006
Indonesia Treasury Bond, 7.0%, 5/15/27 200,000,000 $14,924
Indonesia Treasury Bond, 7.375%, 9/15/16 2,500,000,000 $205,353
Indonesia Treasury Bond, 8.25%, 6/15/32 1,210,000,000 $98,316
Inter-American Development Bank, 4.5%, 2/4/16 850,000,000 $69,382
Inter-American Development Bank, 6.0%, 9/5/17 700,000 $11,510
International Bank for Reconstruction & Development, 5.75%, 10/21/19 185,000 $172,982
International Finance Corp., 5.0%, 12/21/15 200,000 $71,556
International Finance Corp., 6.3%, 11/25/24 17,800,000 $285,706
International Finance Corp., 7.75%, 12/3/16 3,790,000 $62,720
International Finance Corp., 8.25%, 6/10/21 9,500,000 $172,000
International Game Technology, 7.5%, 6/15/19 25,000 $27,155
Intesa Sanpaolo S.p.A., 6.5%, 2/24/21 (144A) 100,000 $117,978
Ireland Government Bond, 5.0%, 10/18/20 35,000 $53,447
Irwin Home Equity Loan Trust 2005-1, 5.32%, 6/25/35 (Step) 62,000 $8,194
Italy Buoni Poliennali Del Tesoro, 4.75%, 8/1/23 (144A) 100,000 $152,888
Ivory Coast Government International Bond, 5.375%, 7/23/24 (144A) 200,000 $195,758
Japan Government Ten Year Bond, 1.0%, 12/20/21 20,000,000 $177,404
Japan Government Twenty Year Bond, 1.5%, 3/20/19 20,000,000 $178,044
JobsOhio Beverage System, 3.985%, 1/1/29 70,000 $73,999
JobsOhio Beverage System, 4.532%, 1/1/35 20,000 $22,189
JPMorgan Chase & Co., 4.25%, 11/2/18 100,000 $77,897
JPMorgan Chase & Co., Floating Rate Note, 8/29/49 50,000 $54,156
JPMorgan Chase & Co., Floating Rate Note (Perpetual) 45,000 $42,776
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 $37,934
JP Morgan Mortgage Trust 2004-A1, Floating Rate Note, 2/25/34 150,000 $13,103
JP Morgan Mortgage Trust 2004-A2, Floating Rate Note, 5/25/34 1,500,000 $100,989
JP Morgan Mortgage Trust 2004-S1, 5.0%, 9/25/34 301,475 $16,585
JP Morgan Mortgage Trust 2004-S1, 6.0%, 9/25/34 82,200 $15,280
KB Home, 1.375%, 2/1/19 50,000 $49,849
Kinder Morgan Energy Partners LP, 4.15%, 3/1/22 70,000 $71,509
KKR Group Finance Co II LLC, 5.5%, 2/1/43 (144A) 100,000 $116,174
Kraft Foods Group, Inc., 3.5%, 6/6/22 70,000 $71,900
Linn Energy LLC, 6.25%, 11/1/19 90,000 $76,988
Linn Energy LLC, 8.625%, 4/15/20 51,000 $45,299
Lorillard Tobacco Co., 3.75%, 5/20/23 20,000 $19,895
Macquarie Bank, Ltd., 6.625%, 4/7/21 (144A) 100,000 $116,986
Macquarie Group, Ltd., 6.0%, 1/14/20 (144A) 10,000 $11,605
Malaysia Government Bond, 3.418%, 8/15/22 507,000 $140,297
Marathon Oil Corp., 5.9%, 3/15/18 23,000 $25,964
Masco Corp., 5.95%, 3/15/22 25,000 $28,188
Masco Corp., 7.125%, 3/15/20 85,000 $99,958
Massachusetts Development Finance Agency, 5.25%, 4/1/37 25,000 $29,177
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 25,000 $35,229
Massachusetts Institute of Technology, 5.6%, 7/1/11 25,000 $35,118
MASTR Alternative Loan Trust 2004-6, 6.0%, 7/25/34 200,000 $40,268
Mastr Specialized Loan Trust, Floating Rate Note, 10/25/34 50,000 $51,615
MedAssets, Inc., 8.0%, 11/15/18 75,000 $78,767
Mexican Bonos, 6.5%, 6/9/22 2,400,000 $171,105
Mexican Bonos, 7.5%, 6/3/27 300,000 $22,769
Mexican Udibonos, 2.0%, 6/9/22 678,200 $238,545
Mexican Udibonos, 3.5%, 12/14/17 900,000 $350,361
Mexican Udibonos, 5.0%, 6/16/16 724,500 $275,850
ML-CFC Commercial Mortgage Trust 2006-3, Floating Rate Note, 7/12/46 75,000 $76,740
Mohawk Industries, Inc., 3.85%, 2/1/23 25,000 $25,411
Mondelez International, Inc., 6.5%, 2/9/40 32,000 $43,468
Montpelier Re Holdings, Ltd., 4.7%, 10/15/22 50,000 $52,007
Morgan Stanley, 4.1%, 5/22/23 75,000 $76,266
Morgan Stanley, 4.875%, 11/1/22 50,000 $53,510
MTN Mauritius Investments, Ltd., 4.755%, 11/11/24 (144A) 200,000 $197,347
Nakilat, Inc., 6.267%, 12/31/33 (144A) 100,000 $103,201
New Century Home Equity Loan Trust 2005-1, Floating Rate Note, 3/25/35 60,000 $9,573
New Zealand Government Bond, 5.5%, 4/15/23 600,000 $534,293
Norway Government Bond, 2.0%, 5/24/23 1,800,000 $254,704
Norway Government Bond, 4.25%, 5/19/17 965,000 $143,346
Norway Government Bond, 4.5%, 5/22/19 2,700,000 $426,645
Norway Government Bond, 5.0%, 5/15/15 1,675,000 $235,438
NRP Mortgage Trust 2013-1, Floating Rate Note, 7/25/43 (144A) 50,000 $47,078
OneBeacon US Holdings, Inc., 4.6%, 11/9/22 20,000 $20,934
Origen Manufactured Housing Contract Trust 2004-A, Floating Rate Note, 1/15/35 30,000 $12,676
Pangaea Zero% 01jul18 30,000 $31,929
Panoche Energy Center LLC, 6.885%, 7/31/29 (144A) 40,000 $40,408
Paragon Secured Finance Plc, Floating Rate Note, 11/15/35 400,000 $92,134
Permanent Master Issuer Plc, Floating Rate Note, 7/15/42 100,000 $121,706
Permanent University Fund, 5.0%, 7/1/30 20,000 $25,092
Petroleos Mexicanos, 7.19%, 9/12/24 (144A) 3,730,000 $257,204
Piedmont Operating Partnership LP, 3.4%, 6/1/23 50,000 $48,595
Plains All American Pipeline LP, 6.125%, 1/15/17 25,000 $27,952
Platinum Underwriters Finance, Inc., 7.5%, 6/1/17 40,000 $44,933
Poland Government Bond, 5.25%, 10/25/17 1,000,000 $310,732
Poland Government Bond, 5.5%, 4/25/15 1,000,000 $297,628
Poland Government International Bond, 4.0%, 1/22/24 100,000 $107,892
Post Holdings, Inc., 7.375%, 2/15/22 150,000 $154,179
Pride International, Inc., 6.875%, 8/15/20 25,000 $28,699
Protective Life Corp., 7.375%, 10/15/19 45,000 $54,853
Province of Ontario Canada, 6.25%, 6/16/15 100,000 $78,983
Prudential Financial, Inc., Floating Rate Note, 9/15/42 100,000 $107,230
Public Service Co of New Mexico, 7.95%, 5/15/18 70,000 $83,091
Queensland Treasury Corp., 5.75%, 7/22/24 100,000 $101,507
Questar Pipeline Co., 5.83%, 2/1/18 10,000 $11,140
RAAC Series 2004-SP2 Trust, 6.0%, 1/25/32 900,000 $34,790
RALI Series 2002-QS16 Trust, Floating Rate Note, 10/25/17 650,000 $10,338
RALI Series 2004-QS13 Trust, 5.0%, 9/25/19 200,000 $21,609
RALI Series 2004-QS1 Trust, 4.25%, 1/25/34 1,322,000 $3,840
RALI Series 2004-QS1 Trust, Floating Rate Note, 1/25/34 206,000 $1,132
Range Resources Corp., 5.0%, 3/15/23 100,000 $101,472
Raymond James Financial, Inc., 4.25%, 4/15/16 25,000 $26,144
Residential Asset Securitization Trust 2004-A10, 5.5%, 2/25/35 200,000 $4,974
Residential Asset Securitization Trust 2004-A9, 5.75%, 12/25/34 50,000 $18,767
RESI Finance LP, Floating Rate Note, 9/10/35 (144A) 100,000 $18,259
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 2,000,000 $6,033
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 19,000,000 $84,318
Romania Government Bond, 5.85%, 4/26/23 770,000 $250,195
Romania Government Bond, 5.95%, 6/11/21 1,150,000 $369,006
Rowan Companies, Inc., 4.75%, 1/15/24 100,000 $96,577
Russian Federal Bond - OFZ, 7.5%, 3/15/18 4,200,000 $60,586
Santander Drive Auto Receivables Trust 2012-1, 3.78%, 11/15/17 30,000 $27,820
Scds: (Do) Usd 20dec19 Buy Bnr1c0954 50,000 $-4,765
Scotiabank Peru SAA, Floating Rate Note, 12/13/27 (144A) 50,000 $48,663
Senior Housing Properties Trust, 6.75%, 4/15/20 45,000 $51,491
Sequoia Mortgage Trust 2005-2, Floating Rate Note, 3/20/35 225,000 $22,455
Sequoia Mortgage Trust 2013-4, Floating Rate Note, 4/27/43 40,000 $34,873
Sirius International Group, Ltd., Floating Rate Note (Perpetual) (144A) 95,000 $102,480
Sky Plc, 6.1%, 2/15/18 (144A) 25,000 $28,399
Southern California Edison Co., Floating Rate Note (Perpetual) 50,000 $56,740
Spectra Energy Capital LLC, 6.2%, 4/15/18 25,000 $28,106
Spectra Energy Capital LLC, 6.75%, 7/15/18 10,000 $11,610
Springleaf Funding Trust 2013-A, 2.58%, 9/15/21 (144A) 100,000 $100,403
Stanley Black & Decker, Inc., Floating Rate Note, 12/15/53 50,000 $54,003
State of Texas, 4.0%, 10/1/44 50,000 $52,542
State Street Corp., Floating Rate Note, 12/31/73 1,000 $25,860
Structured Asset Securities Corp., 4.77%, 10/25/34 (Step) 50,000 $3,404
Structured Asset Securities Corp Mor Cer Ser 2003-31A, Floating Rate Note, 10/25/33 300,000 $31,599
Sunoco Logistics Partners Operations LP, 6.1%, 2/15/42 60,000 $66,460
Telefonica Emisiones SAU, 5.496%, 4/1/16 50,000 $67,051
Terwin Mortgage Trust Series TMTS 2005-16HE, 4.50144%, 9/25/36 (Step) 300,000 $60,108
The Allstate Corp., Floating Rate Note, 1/15/53 2,225 $56,359
The Allstate Corp., Floating Rate Note, 5/15/57 110,000 $121,914
The Hanover Insurance Group, Inc., 7.5%, 3/1/20 50,000 $60,140
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 115,000 $129,447
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 65,000 $65,330
The Williams Companies, Inc., 7.75%, 6/15/31 13,000 $13,967
TimberStar Trust 1 REMICS, 5.668%, 10/15/36 (144A) 50,000 $53,465
T-Mobile USA, Inc., 6.625%, 11/15/20 75,000 $76,947
Tufts University, 5.017%, 4/15/12 75,000 $82,584
U.S. Treasury Bonds, 4.5%, 2/15/36 60,000 $81,050
U.S. Treasury Bonds, 4.5%, 8/15/39 60,000 $80,979
U.S. Treasury Floating Rate Note, 0.110004%, 7/31/16 200,000 $200,030
U.S. Treasury Inflation Indexed Bonds, 0.125%, 7/15/24 475,000 $457,539
U.S. Treasury Notes, 0.375%, 10/31/16 400,000 $398,601
U.S. Treasury Notes, 0.625%, 12/31/16 500,000 $499,345
U.S. Treasury Notes, 1.5%, 10/31/19 1,000,000 $996,475
U.S. Treasury Notes, 2.375%, 8/15/24 700,000 $719,241
Union Andina de Cementos SAA, 5.875%, 10/30/21 (144A) 150,000 $153,668
Unison Ground Lease Funding LLC, 2.981%, 3/16/43 (144A) 25,000 $25,312
United Airlines 2013-1 Class B Pass Through Trust, 5.375%, 8/15/21 75,000 $77,085
United Kingdom Gilt, 1.75%, 7/22/19 500,000 $805,309
United Kingdom Gilt, 4.25%, 9/7/39 70,000 $147,280
United Kingdom Gilt, 8.75%, 8/25/17 75,000 $145,580
United States Treasury Floating Rate Note, Floating Rate Note, 1/31/16 200,000 $199,971
United States Treasury Floating Rate Note, Floating Rate Note, 10/31/16 200,000 $199,904
United States Treasury Floating Rate Note, Floating Rate Note, 4/30/16 200,000 $200,024
University of California, 3.38%, 5/15/28 50,000 $51,378
US Airways 2013-1 Class A Pass Through Trust, 3.95%, 5/15/27 100,000 $99,520
US Bancorp, Floating Rate Note (Perpetual) 4,220 $114,446
Valero Energy Corp., 9.375%, 3/15/19 21,000 $26,769
Valmont Industries, Inc., 6.625%, 4/20/20 7,000 $8,307
Verizon Communications, Inc., 5.012%, 8/21/54 (144A) 38,000 $40,001
Verizon Communications, Inc., 6.55%, 9/15/43 40,000 $52,017
Virginia Commonwealth Transportation Board, 4.0%, 5/15/31 30,000 $32,502
Virginia Commonwealth Transportation Board, 4.0%, 5/15/32 30,000 $32,324
Viterra, Inc., 5.95%, 8/1/20 (144A) 50,000 $56,443
Volcan Cia Minera SAA, 5.375%, 2/2/22 (144A) 50,000 $50,487
WaMu Mortgage Pass-Through Certificates Series 2004-AR14 Trust, Floating Rate Note, 1/25/35 235,000 $48,704
Washington Suburban Sanitary Commission, 4.0%, 6/1/43 20,000 $21,090
Washington Suburban Sanitary Commission, 4.0%, 6/1/44 20,000 $21,073
Weatherford International, Ltd. Bermuda, 5.95%, 4/15/42 25,000 $21,482
Weatherford International, Ltd. Bermuda, 9.625%, 3/1/19 25,000 $30,454
Wells Fargo & Co., 7.5% (Perpetual) 80 $97,000
Wells Fargo Mortgage Backed Securities 2006-16 Trust, 5.0%, 11/25/36 100,000 $4,579
West Corp., Term B-10 Loan, 6/30/18 42,977 $42,225
West Penn Power Co., 5.95%, 12/15/17 (144A) 10,000 $11,158
Wilton Re Finance LLC, Floating Rate Note, 3/30/33 (144A) 25,000 $26,669
WireCo WorldGroup, Inc., 9.5%, 5/15/17 25,000 $25,491
Zambia Government International Bond, 5.375%, 9/20/22 (144A) 200,000 $187,516

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.