Pioneer Global Multisector Income Fund

Top 10 Portfolio Holdings as of 3/31/2015
Default: sorted by market value

Security Name Par / Shares Market Value
Access Bank Plc, Floating Rate Note, 6/24/21 (144A) 200,000 $166,025
Activision Blizzard, Inc., 6.125%, 9/15/23 (144A) 50,000 $54,636
Agate Bay Mortgage Trust 2015-1, Floating Rate Note, 1/25/45 (144A) 115,000 $116,259
Aguila 3 SA, 7.875%, 1/31/18 (144A) 150,000 $152,002
Air Canada 2013-1 Class A Pass Through Trust, 4.125%, 11/15/26 (144A) 100,000 $101,714
Alexandria Real Estate Equities, Inc., 4.6%, 4/1/22 40,000 $43,188
Ally Financial, Inc., 7.0% (Perpetual) (144A) 25 $25,660
Alpha Natural Resources, Inc., 6.0%, 6/1/19 45,000 $13,500
Alternative Loan Trust 2003-14T1, Floating Rate Note, 8/25/18 169,231 $6,081
Alternative Loan Trust 2004-4CB, 4.25%, 4/25/34 275,000 $6,214
Altrl Zero% 30jun16 31,264 $22,457
Anheuser-Busch InBev Worldwide, Inc., 7.75%, 1/15/19 20,000 $24,531
Arran Residential Mortgages Funding 2010-1 Plc, Floating Rate Note, 5/16/47 (144A) 150,000 $62,652
Austria Government Bond, 4.15%, 3/15/37 (144A) 50,000 $91,634
Aviation Capital Group Corp., 6.75%, 4/6/21 (144A) 55,000 $64,397
AXA Bank Europe SCF, 3.5%, 11/5/20 50,000 $64,373
AXA SA, 8.6%, 12/15/30 60,000 $85,219
B&G Foods, Inc., 4.625%, 6/1/21 50,000 $50,708
Banc of America Alternative Loan Trust 2003-10, Floating Rate Note, 12/25/33 140,000 $5,729
Banc of America Alternative Loan Trust 2003-2, 5.75%, 4/25/33 173,000 $17,645
Banc of America Alternative Loan Trust 2004-6, 5.0%, 7/25/19 100,000 $12,506
Banc of America Mortgage Trust 2004-11, 5.75%, 1/25/35 140,000 $11,735
Banc of America Mortgage Trust 2004-9, 5.5%, 11/25/34 25,000 $10,914
Bank of America Corp., Floating Rate Note, 10/23/49 125,000 $135,753
Bankrate, Inc., 6.125%, 8/15/18 (144A) 100,000 $99,533
Banque Centrale de Tunisie SA, 5.75%, 1/30/25 (144A) 200,000 $203,699
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, 3.494017%, 9/25/37 (Step) (144A) 150,000 $2,959
BCMSC Trust 1998-A, 6.65%, 4/15/28 170,000 $1,224
Bear Stearns Asset Backed Securities Trust, 8.41%, 10/25/29 (Step) 2,632,500 $63,579
BM&FBovespa SA - Bolsa de Valores Mercadorias e Futuros, 5.5%, 7/16/20 (144A) 100,000 $107,646
Bowdoin College, 4.693%, 7/1/12 25,000 $26,359
Brazil Minas SPE via State of Minas Gerais, 5.333%, 2/15/28 (144A) 200,000 $192,363
Buckeye Partners LP, 6.05%, 1/15/18 25,000 $27,464
Building Materials Corp of America, 5.375%, 11/15/24 (144A) 30,000 $31,082
Bundesschatzanweisungen, 0.25%, 3/11/16 215,000 $232,081
Burlington Northern Santa Fe LLC, 5.75%, 3/15/18 25,000 $28,096
California Statewide Communities Development Authority, 6.0%, 8/15/42 50,000 $60,532
Canadian Government Bond, 1.75%, 9/1/19 700,000 $579,814
Canadian Government Bond, 2.25%, 6/1/25 750,000 $647,929
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 56,000 $62,938
Capital Auto Receivables Asset Trust 2013-1, 1.74%, 10/22/18 50,000 $50,211
Carlyle Holdings II Finance LLC, 5.625%, 3/30/43 (144A) 25,000 $28,336
Carrizo Oil & Gas, Inc., 7.5%, 9/15/20 25,000 $25,771
Carrizo Oil & Gas, Inc., 8.625%, 10/15/18 50,000 $54,114
Cemex SAB de CV, 5.875%, 3/25/19 (144A) 150,000 $155,022
CHL Mortgage Pass-Through Trust 2003-56, Floating Rate Note, 12/25/33 154,300 $8,081
Citicorp Residential Mortgage Trust Series 2006-3, 5.703%, 11/25/36 (Step) 75,000 $38,489
Citigroup, Inc., Floating Rate Note (Perpetual) 75,000 $76,128
Citigroup, Inc., Floating Rate Note (Perpetual) 3,000 $82,920
Citigroup, Inc., Floating Rate Note (Perpetual) 15,000 $15,339
Citigroup Capital XIII, Floating Rate Note, 10/30/40 2,108 $55,904
Citigroup Commercial Mortgage Trust 2007-FL3, Floating Rate Note, 4/15/22 (144A) 50,000 $6,908
Citigroup Mortgage Loan Trust, Inc., 6.75%, 9/25/34 125,000 $24,562
City Center Trust 2011-CCHP, Floating Rate Note, 7/17/28 (144A) 100,000 $100,664
City of Buenos Aires Argentina, 8.95%, 2/19/21 (144A) 200,000 $212,088
CKE Restaurant Holdings, Inc., 4.474%, 3/20/43 (144A) 50,000 $50,139
Cme: (Cdx.Na.Hy.23.V3) Usd 20dec19 Z91mw60e6 346,872 $33,281
CoBank ACB, Floating Rate Note (Perpetual) (144A) 500 $51,391
Colbun SA, 4.5%, 7/10/24 (144A) 200,000 $207,750
COMM 2012-LC4 Mortgage Trust, 4.063%, 12/12/44 100,000 $109,167
COMM 2013-LC6 Mortgage Trust, 2.941%, 1/12/46 50,000 $51,539
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA Netherlands, 3.875%, 2/8/22 75,000 $81,142
Corporate Office Properties LP, 3.6%, 5/15/23 20,000 $19,683
Countrywide Asset-Backed Certificates, Floating Rate Note, 12/25/35 127,000 $25,225
Credit Suisse Commercial Mortgage Trust Series 2007-C1, 5.361%, 2/15/40 50,000 $35,694
Crestwood Midstream Partners LP, 6.25%, 4/1/23 (144A) 50,000 $50,569
Croatia Government International Bond, 5.5%, 4/4/23 (144A) 200,000 $217,658
Crown Castle Towers LLC, 4.883%, 8/15/20 (144A) 30,000 $33,006
Crusade Global Trust, Floating Rate Note, 11/15/37 489,000 $68,061
Crusade Global Trust, Floating Rate Note, 7/20/38 (144A) 500,000 $56,312
Crusade Global Trust No 1 of 2007, Floating Rate Note, 4/19/38 522,000 $82,018
Cummins, Inc., 5.65%, 3/1/98 60,000 $70,793
Cummins, Inc., 6.75%, 2/15/27 10,000 $13,015
CVS Pass-Through Trust, 5.773%, 1/10/33 (144A) 15,000 $15,811
CWABS Asset-Backed Certificates Trust 2005-4, Floating Rate Note, 9/27/32 250,000 $4,981
DBUBS 2011-LC3 Mortgage Trust, Floating Rate Note, 8/12/44 (144A) 100,000 $115,586
DCP Midstream LLC, 9.75%, 3/15/19 (144A) 25,000 $27,918
DCP Midstream LLC, Floating Rate Note, 5/21/43 (144A) 50,000 $37,056
Delphi Financial Group, Inc., 7.875%, 1/31/20 35,000 $42,671
Delta Air Lines 2010-2 Class A Pass Through Trust, 4.95%, 5/23/19 15,000 $11,078
Digital Realty Trust LP, 4.5%, 7/15/15 20,000 $20,240
Domino's Pizza Master Issuer LLC, 5.216%, 1/27/42 (144A) 100,000 $101,393
DuPont Fabros Technology LP, 5.875%, 9/15/21 50,000 $51,756
Eastman Chemical Co., 4.8%, 9/1/42 20,000 $20,951
Ecuador Government International Bond, 7.95%, 6/20/24 (144A) 200,000 $180,961
Electricite de France SA, 6.0%, 1/22/14 (144A) 100,000 $122,466
Empresa de Telecomunicaciones de Bogota, 7.0%, 1/17/23 (144A) 124,000,000 $45,897
Enel S.p.A., Floating Rate Note, 9/24/73 (144A) 200,000 $241,035
EnLink Midstream Partners LP, 4.4%, 4/1/24 90,000 $96,586
Entegris, Inc., 6.0%, 4/1/22 (144A) 25,000 $26,813
EP Energy LLC, 9.375%, 5/1/20 50,000 $54,328
European Bank for Reconstruction & Development, 6.0%, 3/3/16 5,100,000 $81,886
European Investment Bank, 7.2%, 7/9/19 (144A) 1,120,000,000 $87,389
Evraz Inc NA Canada, 7.5%, 11/15/19 (144A) 50,000 $49,875
Expedia, Inc., 5.95%, 8/15/20 50,000 $56,824
Fannie Mae, 3.0%, 4/20/15 60,000 $62,992
Fannie Mae, 3.5%, 4/20/15 58,000 $61,642
Fannie Mae, 3.5%, 5/1/44 250,000 $259,407
Fannie Mae, 3.5%, 5/13/15 200,000 $209,788
Fannie Mae, 3.5%, 9/1/42 270,000 $205,620
Fannie Mae, 4.0%, 5/13/15 200,000 $213,767
Fannie Mae, 4.5%, 4/1/41 80,000 $34,524
Fannie Mae, 4.5%, 5/13/15 200,000 $217,941
Fannie Mae, 5.0%, 6/1/40 100,000 $35,560
Federal Home Loan Mortgage Corp., 3.5%, 12/1/44 200,000 $207,220
Federal Home Loan Mortgage Corp., 4.0%, 1/1/44 284,000 $251,339
Federal Home Loan Mortgage Corp., 4.0%, 5/1/44 500,000 $446,656
Federal Home Loan Mortgage Corp., 4.5%, 6/1/41 327,809 $91,327
Federal Home Loan Mortgage Corp., 5.0%, 10/1/38 750,000 $67,192
Federal Home Loan Mortgage Corp., 5.0%, 9/1/38 670,000 $57,627
Federal Home Loan Mortgage Corp., 6.0%, 8/1/37 345,434 $45,646
Federal Home Loan Mortgage Corp., 6.5%, 1/1/38 370,134 $31,548
Federal Home Loan Mortgage Corp., 6.5%, 4/1/38 500,000 $89,883
Federal Home Loan Mortgage Corp., Floating Rate Note, 9/26/44 (144A) 100,000 $104,123
Federal National Mortgage Association REMICS, 4.5%, 6/25/29 20,000 $15,372
First Investors Auto Owner Trust 2013-1, 2.02%, 1/15/19 (144A) 25,000 $24,998
First NLC Trust 2005-2, Floating Rate Note, 9/25/35 50,000 $9,815
Flextronics International, Ltd., 4.625%, 2/15/20 100,000 $105,466
Freeport-McMoRan, Inc., 3.875%, 3/15/23 35,000 $32,484
Freeport-McMoran Oil & Gas LLC, 6.75%, 2/1/22 45,000 $48,206
FREMF Mortgage Trust 2010-K9 REMICS, Floating Rate Note, 9/25/45 (144A) 45,000 $50,828
FREMF Mortgage Trust 2011-K12, Floating Rate Note, 1/25/46 (144A) 25,000 $27,201
FREMF Mortgage Trust 2011-K702, Floating Rate Note, 4/25/44 (144A) 25,000 $26,955
FREMF Mortgage Trust 2011-K703, Floating Rate Note, 7/25/44 (144A) 50,000 $54,202
Frontier Communications Corp., 8.5%, 4/15/20 30,000 $34,851
GATX Corp., 6.0%, 2/15/18 40,000 $44,361
GCI, Inc., 6.75%, 6/1/21 50,000 $51,750
General Cable Corp., 4.5%, 11/15/29 (Step) 56,000 $45,367
General Electric Capital Corp., Floating Rate Note (Perpetual) 100,000 $119,473
Glencore Funding LLC, 4.125%, 5/30/23 (144A) 25,000 $25,806
GMAC Capital Trust I, Floating Rate Note, 2/15/40 850 $22,313
Government National Mortgage Association, 4.5%, 9/20/39 50,000 $53,830
Government National Mortgage Association, 5.25%, 8/16/35 10,000 $18,725
Government National Mortgage Association I, 4.5%, 1/15/40 100,000 $58,624
Government National Mortgage Association I, 4.5%, 7/15/41 100,000 $52,336
Government National Mortgage Association I, 4.5%, 9/15/40 100,000 $59,243
Government National Mortgage Association II, 4.5%, 9/20/41 160,000 $75,713
GS Mortgage Securities Corp II, 3.682%, 2/12/46 (144A) 25,000 $25,977
GS Mortgage Securities Trust 2006-GG8 REMICS, 5.56%, 11/10/39 50,000 $50,680
GS Mortgage Securities Trust 2012-GCJ7, 3.377%, 5/12/45 50,000 $53,165
GSR Mortgage Loan Trust 2003-9, Floating Rate Note, 8/25/33 1,000,000 $61,718
GTP Acquisition Partners I LLC, 4.347%, 6/15/41 (144A) 45,000 $45,908
Highwoods Realty LP, 3.625%, 1/15/23 35,000 $36,022
Holcim US Finance Sarl & Cie SCS, 6.0%, 12/30/19 (144A) 30,000 $35,093
Indianapolis Airport Authority, 5.1%, 1/15/17 20,000 $21,680
Indonesia Treasury Bond, 6.125%, 5/15/28 222,000,000 $15,323
Indonesia Treasury Bond, 7.0%, 5/15/27 200,000,000 $15,043
Indonesia Treasury Bond, 7.375%, 9/15/16 2,500,000,000 $193,450
Indonesia Treasury Bond, 8.25%, 6/15/32 1,210,000,000 $99,009
Inter-American Development Bank, 4.5%, 2/4/16 850,000,000 $62,841
Inter-American Development Bank, 6.0%, 9/5/17 700,000 $11,573
Inter-American Development Bank, 7.2%, 1/22/18 1,210,000,000 $91,806
International Bank for Reconstruction & Development, 5.75%, 10/21/19 185,000 $165,194
International Finance Corp., 6.3%, 11/25/24 17,800,000 $279,489
International Finance Corp., 7.75%, 12/3/16 3,790,000 $63,188
International Finance Corp., 8.25%, 6/10/21 9,500,000 $167,504
International Game Technology, 7.5%, 6/15/19 25,000 $27,223
Intesa Sanpaolo S.p.A., 6.5%, 2/24/21 (144A) 100,000 $119,444
Irwin Home Equity Loan Trust 2005-1, 5.32%, 6/25/35 (Step) 62,000 $6,735
Italy Buoni Poliennali Del Tesoro, 4.75%, 8/1/23 (144A) 100,000 $139,489
Ivory Coast Government International Bond, 5.375%, 7/23/24 (144A) 200,000 $191,031
Ivory Coast Government International Bond, 6.375%, 3/3/28 (144A) 200,000 $197,992
Japan Government Ten Year Bond, 1.0%, 12/20/21 20,000,000 $176,414
Japan Government Twenty Year Bond, 1.5%, 3/20/19 20,000,000 $177,379
JLL, 7.5%, 2/1/22 (144A) 21,000 $22,103
JobsOhio Beverage System, 3.985%, 1/1/29 70,000 $76,402
JobsOhio Beverage System, 4.532%, 1/1/35 20,000 $22,746
JPMorgan Chase & Co., 4.25%, 11/2/18 100,000 $76,399
JPMorgan Chase & Co., Floating Rate Note, 8/29/49 50,000 $54,813
JPMorgan Chase & Co., Floating Rate Note (Perpetual) 45,000 $44,897
JP Morgan Chase Commercial Mortgage Securities Trust 2006-FL2, Floating Rate Note, 11/15/18 (144A) 125,000 $40,377
JP Morgan Chase Commercial Mortgage Securities Trust 2011-C5, 4.1712%, 8/17/46 35,000 $38,891
JP Morgan Mortgage Trust 2004-A1, Floating Rate Note, 2/25/34 150,000 $6,938
JP Morgan Mortgage Trust 2004-S1, 5.0%, 9/25/34 301,475 $15,388
JP Morgan Mortgage Trust 2004-S1, 6.0%, 9/25/34 82,200 $14,992
KB Home, 1.375%, 2/1/19 50,000 $47,927
Kinder Morgan Energy Partners LP, 4.15%, 3/1/22 70,000 $72,319
KKR Group Finance Co II LLC, 5.5%, 2/1/43 (144A) 100,000 $107,719
Kraft Foods Group, Inc., 3.5%, 6/6/22 70,000 $73,209
Linn Energy LLC, 6.25%, 11/1/19 90,000 $73,444
Linn Energy LLC, 8.625%, 4/15/20 51,000 $45,506
Lorillard Tobacco Co., 3.75%, 5/20/23 20,000 $20,636
Macquarie Bank, Ltd., 6.625%, 4/7/21 (144A) 100,000 $121,087
Macquarie Group, Ltd., 6.0%, 1/14/20 (144A) 10,000 $11,559
Marathon Oil Corp., 5.9%, 3/15/18 23,000 $25,531
Masco Corp., 5.95%, 3/15/22 25,000 $28,129
Masco Corp., 7.125%, 3/15/20 85,000 $99,932
Massachusetts Development Finance Agency, 5.25%, 4/1/37 25,000 $29,559
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 25,000 $34,777
Massachusetts Institute of Technology, 5.6%, 7/1/11 25,000 $34,404
MASTR Alternative Loan Trust 2004-6, 6.0%, 7/25/34 200,000 $38,713
Mastr Specialized Loan Trust, Floating Rate Note, 10/25/34 50,000 $52,456
MedAssets, Inc., 8.0%, 11/15/18 75,000 $80,454
Methanex Corp., 4.25%, 12/1/24 25,000 $25,723
Mexican Bonos, 4.75%, 6/14/18 3,830,000 $254,791
Mexican Bonos, 6.5%, 6/9/22 2,400,000 $167,535
Mexican Bonos, 7.5%, 6/3/27 300,000 $22,268
Mexican Udibonos, 2.0%, 6/9/22 678,200 $226,801
Mexican Udibonos, 3.5%, 12/14/17 900,000 $332,510
Mexican Udibonos, 5.0%, 6/16/16 724,500 $267,545
Micron Technology, Inc., 5.25%, 8/1/23 (144A) 55,000 $56,428
ML-CFC Commercial Mortgage Trust 2006-3, Floating Rate Note, 7/12/46 75,000 $77,036
Mohawk Industries, Inc., 3.85%, 2/1/23 25,000 $25,539
Montpelier Re Holdings, Ltd., 4.7%, 10/15/22 50,000 $53,806
Morgan Stanley, 4.1%, 5/22/23 75,000 $79,155
Morgan Stanley, 4.875%, 11/1/22 50,000 $55,624
Motor 2013-1 Plc, Floating Rate Note, 2/25/21 (144A) 250,000 $33,362
MTN Mauritius Investments, Ltd., 4.755%, 11/11/24 (144A) 200,000 $204,625
Nakilat, Inc., 6.267%, 12/31/33 (144A) 100,000 $106,317
New Century Home Equity Loan Trust 2005-1, Floating Rate Note, 3/25/35 60,000 $9,558
Newfield Exploration Co., 5.375%, 1/1/26 25,000 $25,332
New Zealand Government Bond, 5.5%, 4/15/23 1,250,000 $1,107,804
Norway Government Bond, 2.0%, 5/24/23 1,800,000 $238,694
Norway Government Bond, 4.5%, 5/22/19 2,700,000 $397,142
Norway Government Bond, 5.0%, 5/15/15 1,675,000 $219,578
NRP Mortgage Trust 2013-1, Floating Rate Note, 7/25/43 (144A) 50,000 $46,552
OneBeacon US Holdings, Inc., 4.6%, 11/9/22 20,000 $21,302
Origen Manufactured Housing Contract Trust 2004-A, Floating Rate Note, 1/15/35 30,000 $12,090
Pangaea Zero% 01jul18 30,000 $32,706
Panoche Energy Center LLC, 6.885%, 7/31/29 (144A) 40,000 $40,279
Paragon Secured Finance No 1 Plc, Floating Rate Note, 11/15/35 400,000 $87,933
Permanent Master Issuer Plc, Floating Rate Note, 7/15/42 100,000 $107,787
Permanent University Fund, 5.0%, 7/1/30 20,000 $24,685
Piedmont Operating Partnership LP, 3.4%, 6/1/23 50,000 $49,520
Plains All American Pipeline LP, 6.125%, 1/15/17 25,000 $27,321
Platinum Underwriters Finance, Inc., 7.5%, 6/1/17 40,000 $45,540
Poland Government Bond, 5.25%, 10/25/17 1,000,000 $293,602
Poland Government Bond, 5.5%, 4/25/15 1,000,000 $279,772
Poland Government International Bond, 4.0%, 1/22/24 100,000 $110,567
Post Holdings, Inc., 7.375%, 2/15/22 150,000 $156,664
Pride International, Inc., 6.875%, 8/15/20 25,000 $28,690
Protective Life Corp., 7.375%, 10/15/19 45,000 $55,725
Province of Ontario Canada, 6.25%, 6/16/15 100,000 $76,547
Prudential Financial, Inc., Floating Rate Note, 9/15/42 100,000 $108,886
Public Service Co of New Mexico, 7.95%, 5/15/18 70,000 $84,281
Queensland Treasury Corp., 5.75%, 7/22/24 100,000 $95,287
Questar Pipeline Co., 5.83%, 2/1/18 10,000 $11,267
RAAC Series 2004-SP2 Trust, 6.0%, 1/25/32 900,000 $33,101
RALI Series 2002-QS16 Trust, Floating Rate Note, 10/25/17 650,000 $9,104
RALI Series 2004-QS13 Trust, 5.0%, 9/25/19 200,000 $20,049
RALI Series 2004-QS1 Trust, Floating Rate Note, 1/25/34 206,000 $127
Range Resources Corp., 5.0%, 3/15/23 100,000 $99,722
Raymond James Financial, Inc., 4.25%, 4/15/16 25,000 $26,449
Residential Asset Securitization Trust 2004-A10, 5.5%, 2/25/35 200,000 $4,420
Residential Asset Securitization Trust 2004-A9, 5.75%, 12/25/34 50,000 $17,112
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 19,000,000 $15,913
RHG Mortgage Securities Pty, Ltd., Floating Rate Note, 7/21/35 2,000,000 $1,194
Romania Government Bond, 5.85%, 4/26/23 770,000 $235,277
Romania Government Bond, 5.95%, 6/11/21 1,150,000 $345,855
Rowan Companies, Inc., 4.75%, 1/15/24 100,000 $95,635
Russian Federal Bond - OFZ, 7.0%, 8/16/23 5,545,000 $72,468
Santander Drive Auto Receivables Trust 2012-1, 3.78%, 11/15/17 30,000 $19,492
Scds: (Do) Usd 20dec19 Buy Bnr1c0954 50,000 $-4,655
Scotiabank Peru SAA, Floating Rate Note, 12/13/27 (144A) 50,000 $50,550
Senior Housing Properties Trust, 6.75%, 4/15/20 45,000 $52,707
Sequoia Mortgage Trust 2005-2, Floating Rate Note, 3/20/35 225,000 $20,365
Sequoia Mortgage Trust 2013-4, Floating Rate Note, 4/27/43 40,000 $34,240
SIG Combibloc Holdings SCA, 7.75%, 2/15/23 (144A) 100,000 $114,780
Sirius International Group, Ltd., Floating Rate Note (Perpetual) (144A) 95,000 $101,909
Sky Plc, 6.1%, 2/15/18 (144A) 25,000 $28,047
SMART ABS Series 2015-1US Trust, Floating Rate Note, 8/14/17 30,000 $30,006
SM Energy Co., 6.5%, 1/1/23 75,000 $77,719
Southern California Edison Co., Floating Rate Note (Perpetual) 50,000 $56,521
Spectra Energy Capital LLC, 6.2%, 4/15/18 25,000 $28,483
Spectra Energy Capital LLC, 6.75%, 7/15/18 10,000 $11,429
Springleaf Funding Trust 2013-A, 2.58%, 9/15/21 (144A) 100,000 $86,659
Stanley Black & Decker, Inc., Floating Rate Note, 12/15/53 50,000 $54,692
State of Texas, 4.0%, 10/1/44 50,000 $53,490
State of Washington, 5.0%, 7/1/30 50,000 $60,187
State Street Corp., Floating Rate Note, 12/31/73 1,000 $27,290
Structured Asset Securities Corp., 4.77%, 10/25/34 (Step) 50,000 $2,967
Structured Asset Securities Corp Mor Cer Ser 2003-31A, Floating Rate Note, 10/25/33 300,000 $31,228
Suburban Propane Partners LP, 5.75%, 3/1/25 15,000 $15,386
Sunoco Logistics Partners Operations LP, 6.1%, 2/15/42 60,000 $69,589
Sweden Government Bond, 2.5%, 5/12/25 2,300,000 $327,110
Telefonica Emisiones SAU, 5.496%, 4/1/16 50,000 $59,984
Terwin Mortgage Trust Series TMTS 2005-16HE, 4.417717%, 9/25/36 (Step) 300,000 $58,613
The Allstate Corp., Floating Rate Note, 1/15/53 2,225 $57,783
The Allstate Corp., Floating Rate Note, 5/15/57 110,000 $130,026
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 40,000 $44,924
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 65,000 $65,446
The Williams Companies, Inc., 7.75%, 6/15/31 13,000 $15,208
TimberStar Trust I REMICS, 5.668%, 10/15/36 (144A) 50,000 $53,153
T-Mobile USA, Inc., 6.625%, 11/15/20 75,000 $80,252
TransCanada PipeLines, Ltd., 1.875%, 1/12/18 100,000 $101,359
Tufts University, 5.017%, 4/15/12 75,000 $86,750
U.S. Treasury Bonds, 4.5%, 2/15/36 60,000 $82,072
U.S. Treasury Bonds, 4.5%, 8/15/39 60,000 $82,465
U.S. Treasury Inflation Indexed Bonds, 0.125%, 7/15/24 475,000 $467,530
U.S. Treasury Inflation Indexed Bonds, 0.25%, 1/15/25 100,000 $99,416
U.S. Treasury Notes, 0.375%, 10/31/16 400,000 $400,130
U.S. Treasury Notes, 0.625%, 12/31/16 500,000 $501,997
UBS Commercial Mortgage Trust 2012-C1, 3.4%, 5/12/45 35,000 $37,175
Union Andina de Cementos SAA, 5.875%, 10/30/21 (144A) 150,000 $155,346
Unison Ground Lease Funding LLC, 2.981%, 3/16/43 (144A) 25,000 $25,629
United Airlines 2013-1 Class B Pass Through Trust, 5.375%, 8/15/21 75,000 $75,576
United Kingdom Gilt, 1.75%, 7/22/19 500,000 $767,982
United Kingdom Gilt, 4.25%, 9/7/39 70,000 $143,189
United Kingdom Gilt, 8.75%, 8/25/17 75,000 $134,709
United States Treasury Floating Rate Note, Floating Rate Note, 4/30/16 200,000 $200,047
University of California, 3.38%, 5/15/28 50,000 $52,934
US Airways 2013-1 Class A Pass Through Trust, 3.95%, 5/15/27 100,000 $102,178
US Bancorp, Floating Rate Note (Perpetual) 2,573 $70,269
Valero Energy Corp., 9.375%, 3/15/19 21,000 $26,392
Valmont Industries, Inc., 6.625%, 4/20/20 7,000 $8,442
Verizon Communications, Inc., 5.012%, 8/21/54 38,000 $39,640
Verizon Communications, Inc., 6.55%, 9/15/43 40,000 $52,203
Virginia Commonwealth Transportation Board, 4.0%, 5/15/31 30,000 $32,573
Virginia Commonwealth Transportation Board, 4.0%, 5/15/32 30,000 $32,474
Viterra, Inc., 5.95%, 8/1/20 (144A) 50,000 $56,741
Volcan Cia Minera SAA, 5.375%, 2/2/22 (144A) 50,000 $47,965
Washington Suburban Sanitary Commission, 4.0%, 6/1/43 20,000 $21,396
Washington Suburban Sanitary Commission, 4.0%, 6/1/44 20,000 $21,380
Weatherford International, Ltd. Bermuda, 5.95%, 4/15/42 25,000 $22,660
Weatherford International, Ltd. Bermuda, 9.625%, 3/1/19 25,000 $28,841
Wells Fargo & Co., 7.5% (Perpetual) 80 $97,840
Wells Fargo Mortgage Backed Securities 2006-16 Trust, 5.0%, 11/25/36 100,000 $3,999
West Corp., Term B-10 Loan, 6/30/18 42,977 $42,950
West Penn Power Co., 5.95%, 12/15/17 (144A) 10,000 $11,298
Wilton Re Finance LLC, Floating Rate Note, 3/30/33 (144A) 25,000 $27,746
WireCo WorldGroup, Inc., 9.5%, 5/15/17 25,000 $23,335
Wynn Macau, Ltd., 5.25%, 10/15/21 (144A) 200,000 $194,342
Zambia Government International Bond, 5.375%, 9/20/22 (144A) 400,000 $365,757
Ziggo Bond Finance BV, 5.875%, 1/15/25 (144A) 200,000 $211,524

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.