Pioneer Multi-Asset Income Fund

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

Security Name Par / Shares Market Value
A10 Securitization 2013-1 LLC, 4.7%, 11/15/25 (144A) 100,000 $99,429
A10 Securitization 2013-1 LLC, 6.41%, 11/15/25 (144A) 100,000 $99,522
AAF Holdings LLC, 12.0%, 7/1/19 (144A) (PIK) 975,000 $1,006,688
ABFC 2003-WMC1 Trust, Floating Rate Note, 3/25/33 116,175 $2,138
Accredited Mortgage Loan Trust 2003-3, 5.21%, 1/25/34 (Step) 690,000 $99,841
Accudyne Industries Borrower, 7.75%, 12/15/20 (144A) 960,000 $1,015,107
ACE Securities Corp Manufactured Housing Trust Series 2003-MH1, Floating Rate Note, 8/15/30 (144A) 50,000 $8,182
ACI Worldwide, Inc., 6.375%, 8/15/20 (144A) 315,000 $341,585
Advanced Micro Devices, Inc., 6.75%, 3/1/19 (144A) 1,000,000 $1,054,063
Advanced Micro Devices, Inc., 7.0%, 7/1/24 (144A) 725,000 $713,219
Advanced Micro Devices, Inc., 7.5%, 8/15/22 1,085,000 $1,160,498
Aeropuertos Argentina 2000 SA, 10.75%, 12/1/20 (144A) 176,000 $161,640
AES Corp. Virginia, 4.875%, 5/15/23 175,000 $166,739
AES Tiete SA 420,181 $2,900,738
Alam Synergy Pte, Ltd., 9.0%, 1/29/19 (144A) 1,260,000 $1,411,830
Alliance One International, Inc., 9.875%, 7/15/21 1,575,000 $1,548,977
Alpha Natural Resources, Inc., 6.0%, 6/1/19 950,000 $650,750
Alpha Natural Resources, Inc., 7.5%, 8/1/20 (144A) 660,000 $618,613
Altair Re, Floating Rate Note, 4/30/16 (Cat Bond) 50,508 $63,105
Altice Financing SA, 6.5%, 1/15/22 (144A) 500,000 $515,194
Altice Finco SA, 8.125%, 1/15/24 (144A) 200,000 $213,222
Altria Group, Inc. 25,882 $1,050,809
Altrl Flt% 30jun16 300,000 $312,390
American Airlines Group, Inc. 83,867 $3,258,233
American Energy Partners Inc L + 7.75% 17jun15 2,835,000 $2,835,000
American Energy-Permian Basin LLC, 7.375%, 11/1/21 (144A) 805,000 $779,002
American Realty Capital Properties, Inc. 947,462 $12,421,227
Amsted Industries, Inc., 5.0%, 3/15/22 (144A) 460,000 $465,111
Amsurg Corp., 5.625%, 7/15/22 (144A) 1,425,000 $1,435,465
Antero Resources Finance Corp., 5.375%, 11/1/21 200,000 $205,188
Antero Resources Finance Corp., 6.0%, 12/1/20 235,000 $247,338
APERAM, 7.75%, 4/1/18 (144A) 150,000 $161,750
Apollo Commercial Real Estate Finance, Inc., 5.5%, 3/15/19 595,000 $642,509
Apollo Investment Corp. 1,591,273 $13,509,908
Apple, Inc. 196,707 $18,799,288
Approach Resources, Inc., 7.0%, 6/15/21 1,580,000 $1,653,382
Appvion, Inc., 9.0%, 6/1/20 (144A) 435,000 $421,950
Ardagh Finance Holdings SA, 8.625%, 6/15/19 (144A) (PIK) 1,200,000 $1,223,088
Ardagh Packaging Finance Plc, 6.75%, 1/31/21 (144A) 1,000,000 $1,030,688
Ardent Medical Services, Inc., Term Loan (First Lien), 7/2/18 184,591 $185,457
Ares Capital Corp. 888,174 $14,841,388
Armor Re, Ltd., Floating Rate Note, 12/15/16 (Cat Bond) (144A) 500,000 $496,333
AT&T, Inc. 31,430 $1,118,594
Athlon Holdings LP, 6.0%, 5/1/22 (144A) 745,000 $758,038
Athlon Holdings LP, 7.375%, 4/15/21 (144A) 130,000 $141,273
Atlas Pipeline Partners LP, 4.75%, 11/15/21 670,000 $639,869
Audatex North America, Inc., 6.125%, 11/1/23 (144A) 1,700,000 $1,802,531
Ausdrill Finance Pty, Ltd., 6.875%, 11/1/19 (144A) 465,000 $431,142
Avance Gas Holding, Ltd. 141,575 $3,187,600
Avis Budget Car Rental LLC, 5.5%, 4/1/23 1,290,000 $1,313,650
Axiall Corp., 4.875%, 5/15/23 1,210,000 $1,192,203
Banc of America Commercial Mortgage Trust 2007-3, Floating Rate Note, 6/10/49 1,250,000 $1,306,687
Banc of America Merrill Lynch Commercial Mortgage, Inc. REMICS, Floating Rate Note, 9/10/47 (144A) 40,000 $36,371
Banc of America Mortgage 2005-H Trust, Floating Rate Note, 9/25/35 50,000 $10,482
Basic Energy Services, Inc., 7.75%, 10/15/22 250,000 $276,330
Bayview Financial Mortgage Pass-Through Trust 2007-B, 6.407%, 8/28/47 (Step) 321,166 $23,743
BC Mountain LLC, 7.0%, 2/1/21 (144A) 1,000,000 $995,000
Bear Stearns Asset Backed Securities Trust, 8.41%, 10/25/29 (Step) 2,500,000 $71,278
Bear Stearns Commercial Mortgage Securities Trust 2004-TOP16, Floating Rate Note, 2/13/46 (144A) 200,000 $194,250
Bear Stearns Commercial Mortgage Securities Trust 2005-PWR7, Floating Rate Note, 2/11/41 100,000 $101,295
Bear Stearns Commercial Mortgage Securities Trust 2006-PWR14, 5.273%, 12/11/38 767,493 $784,621
Belden, Inc., 5.5%, 9/1/22 (144A) 410,000 $429,646
Berry Petroleum Co LLC, 6.375%, 9/15/22 700,000 $730,858
BioScrip, Inc., 8.875%, 2/15/21 (144A) 925,000 $984,579
BioScrip, Inc., Delayed Draw Term Loan, 7/31/20 44,551 $45,164
BioScrip, Inc., Initial Term B Loan, 7/31/20 89,103 $90,328
BlackRock MuniVest Fund, Inc. 308,398 $2,982,209
BlackRock MuniYield Fund, Inc. 222,589 $3,111,794
Blue Danube II, Ltd., Floating Rate Note, 5/23/16 (Cat Bond) (144A) 250,000 $254,102
Boart Longyear Management Pty, Ltd., 10.0%, 10/1/18 (144A) 435,000 $470,163
Boart Longyear Management Pty, Ltd., 7.0%, 4/1/21 (144A) 140,000 $105,408
Bombardier Recreational Products, Inc., Term B Loan, 1/30/19 113,143 $113,001
Bonanza Creek Energy, Inc., 5.75%, 2/1/23 935,000 $918,241
Bonanza Creek Energy, Inc., 6.75%, 4/15/21 1,185,000 $1,255,952
BreitBurn Energy Partners LP, 7.875%, 4/15/22 300,000 $320,456
Bridgestone Corp. 154,100 $5,561,204
Bristow Group, Inc., 6.25%, 10/15/22 225,000 $241,516
Brocade Communications Systems, Inc., 4.625%, 1/15/23 390,000 $375,202
Brookfield Residential Properties, Inc., 6.125%, 7/1/22 (144A) 250,000 $257,526
Brown Shoe Co, Inc., 7.125%, 5/15/19 300,000 $319,888
Caelus Re, Ltd., Floating Rate Note, 3/7/16 (Cat Bond) (144A) 250,000 $252,530
Caelus Re 2013, Ltd., Floating Rate Note, 4/7/17 (Cat Bond) (144A) 500,000 $518,799
Calfrac Holdings LP, 7.5%, 12/1/20 (144A) 510,000 $544,425
Calpine Corp., 5.875%, 1/15/24 (144A) 165,000 $172,443
Calumet Specialty Products Partners LP, 6.5%, 4/15/21 (144A) 2,285,000 $2,380,621
Calumet Specialty Products Partners LP, 7.625%, 1/15/22 170,000 $181,201
Cambium Learning Group, Inc., 9.75%, 2/15/17 100,000 $104,496
CAM Mortgage Trust 2014-1, 5.5%, 12/15/53 (Step) (144A) 350,000 $350,345
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 100,000 $112,819
Cardinal Health, Inc. 29,674 $2,126,142
Cardtronics, Inc., 1.0%, 12/1/20 (144A) 350,000 $347,521
CCO Holdings LLC, 5.75%, 1/15/24 165,000 $164,597
CCO Holdings LLC, 5.75%, 9/1/23 1,440,000 $1,474,500
CenturyLink, Inc., 5.8%, 3/15/22 200,000 $209,382
CenturyLink, Inc., 6.45%, 6/15/21 700,000 $758,269
CenturyLink, Inc., 6.75%, 12/1/23 1,325,000 $1,452,531
CenturyLink, Inc., 7.6%, 9/15/39 450,000 $462,920
Cenveo Corp., 6.0%, 8/1/19 (144A) 1,090,000 $1,060,933
CEVA GROUP Plc 22 $24,673
CEVA GROUP Plc, 0.0%, 12/31/14 49 $53,405
Chaparral Energy, Inc., 7.625%, 11/15/22 2,325,000 $2,472,864
Chevron Lubricants Lanka Plc 589,097 $1,420,487
Chiquita Brands International, Inc., 7.875%, 2/1/21 463,000 $513,641
CHL Mortgage Pass-Through Trust 2002-32, Floating Rate Note, 1/25/33 130,000 $20,805
CHS, 6.875%, 2/1/22 (144A) 3,105,000 $3,283,969
CHS, 7.125%, 7/15/20 700,000 $749,467
CHS, 8.0%, 11/15/19 1,065,000 $1,160,412
Cincinnati Bell, Inc., 8.75%, 3/15/18 133,000 $143,402
Citicorp Residential Mortgage Trust Series 2006-2, 5.918%, 9/25/36 (Step) 100,000 $90,460
Citicorp Residential Mortgage Trust Series 2006-3, 5.703%, 11/25/36 (Step) 54,000 $31,065
Citigroup, Inc. 31,482 $1,539,785
Citigroup, Inc., Floating Rate Note (Perpetual) 37,000 $1,010,470
Citigroup Commercial Mortgage Trust 2006-C4, Floating Rate Note, 3/17/49 50,000 $52,927
CNL Lifestyle Properties, Inc., 7.25%, 4/15/19 400,000 $416,539
Cobalt International Energy, Inc., 2.625%, 12/1/19 300,000 $267,938
CoBank ACB, Floating Rate Note (Perpetual) (144A) 1,000 $103,938
COMM 2013-FL3 Mortgage Trust, Floating Rate Note, 10/13/28 150,000 $150,524
Commercial Metals Co., 4.875%, 5/15/23 500,000 $486,396
Commercial Vehicle Group, Inc., 7.875%, 4/15/19 350,000 $368,616
CommScope, Inc., 5.5%, 6/15/24 (144A) 480,000 $482,073
Comstock Resources, Inc., 7.75%, 4/1/19 995,000 $1,072,942
ContourGlobal Power Holdings SA, 7.125%, 6/1/19 (144A) 865,000 $868,505
CorpGroup Banking SA, 6.75%, 3/15/23 (144A) 250,000 $253,832
Corsicanto, Ltd., 3.5%, 1/15/32 350,000 $277,263
Cott Beverages, Inc., 5.375%, 7/1/22 (144A) 1,235,000 $1,226,385
Countrywide Asset-Backed Certificates, 5.21456%, 1/25/36 (Step) 205,000 $208,743
Countrywide Asset-Backed Certificates, Floating Rate Note, 1/25/36 130,000 $64,732
Countrywide Asset-Backed Certificates, Floating Rate Note, 6/25/33 (144A) 235,000 $5,150
Covanta Holding Corp., 5.875%, 3/1/24 380,000 $394,692
Coveris Holdings SA, 7.875%, 11/1/19 (144A) 800,000 $863,750
CPI International, Inc., 8.0%, 2/15/18 105,000 $113,598
Credit Suisse First Boston Mortgage Securities Corp., 4.877%, 4/15/37 100,000 $101,515
Credit Suisse First Boston Mortgage Securities Corp., 5.5%, 6/25/33 100,000 $24,343
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 10/15/39 (144A) 100,000 $89,883
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 8/15/38 855,000 $870,191
Crestwood Midstream Partners LP, 6.0%, 12/15/20 340,000 $352,807
Crestwood Midstream Partners LP, 6.125%, 3/1/22 (144A) 385,000 $407,338
Crown Americas LLC, 4.5%, 1/15/23 1,000,000 $947,000
CST Brands, Inc., 5.0%, 5/1/23 1,130,000 $1,130,000
Cummins, Inc., 5.65%, 3/1/98 100,000 $115,095
Dana Holding Corp., 6.0%, 9/15/23 760,000 $809,527
Darling Ingredients, Inc., 5.375%, 1/15/22 (144A) 455,000 $468,599
Dartmouth Zero% 31dec14 1,050,000 $1,016,715
DaVita HealthCare Partners, Inc., 5.125%, 7/15/24 1,865,000 $1,849,769
DBUBS 2011-LC2 Mortgage Trust, Floating Rate Note, 7/12/44 (144A) 100,000 $112,969
DCP Midstream LLC, Floating Rate Note, 5/21/43 (144A) 300,000 $294,413
Del Coronado Trust 2013-DEL MZ, Floating Rate Note, 3/15/18 (144A) 200,000 $201,507
Del Monte Foods, Inc., Initial Loan (Second Lien), 5/26/21 700,000 $684,542
Denbury Resources, Inc., 4.625%, 7/15/23 300,000 $281,117
Denbury Resources, Inc., 5.5%, 5/1/22 1,125,000 $1,120,953
DFC Finance Corp., 10.5%, 6/15/20 (144A) 1,815,000 $1,831,335
DigitalGlobe, Inc., 5.25%, 2/1/21 730,000 $733,650
Doha Bank QSC 125,159 $1,935,307
Dole Food Co, Inc., 7.25%, 5/1/19 (144A) 1,710,000 $1,726,031
Domino's Pizza Group Plc 369,081 $3,398,679
DR Horton, Inc., 5.75%, 8/15/23 300,000 $324,454
DriveTime Automotive Group, Inc., 8.0%, 6/1/21 (144A) 1,570,000 $1,600,048
DynCorp International, Inc., 10.375%, 7/1/17 20,000 $20,498
Eaton Corp Plc 37,845 $2,570,432
eBay, Inc. 138,641 $7,320,245
Eli Lilly & Co. 36,799 $2,246,947
Embarcadero Reinsurance, Ltd., Floating Rate Note, 8/7/15 (Cat Bond) (144A) 275,000 $283,525
Endo Finance LLC, 5.75%, 1/15/22 (144A) 1,260,000 $1,256,920
Endo Finance LLC & Endo Finco, Inc., 5.375%, 1/15/23 (144A) 1,255,000 $1,216,884
Energy & Exploration Partners, Inc., 8.0%, 7/1/19 (144A) 1,455,000 $1,465,185
Energy Transfer Equity LP, 5.875%, 1/15/24 (144A) 980,000 $1,002,159
Energy XXI Gulf Coast, Inc., 6.875%, 3/15/24 (144A) 1,025,000 $1,032,403
Energy XXI Gulf Coast, Inc., 7.5%, 12/15/21 845,000 $891,123
Entegris, Inc., 6.0%, 4/1/22 (144A) 2,100,000 $2,210,250
EPL Oil & Gas, Inc., 8.25%, 2/15/18 50,000 $54,152
EPR Properties 62,508 $3,369,181
Equinix, Inc., 5.375%, 4/1/23 515,000 $526,802
ExamWorks Group, Inc., 9.0%, 7/15/19 100,000 $108,900
Exopack Holding Corp., 10.0%, 6/1/18 (144A) 200,000 $219,011
Exterran Partners LP, 6.0%, 4/1/21 700,000 $714,000
Exxon Mobil Corp. 21,839 $2,160,751
FAGE Dairy Industry SA, 9.875%, 2/1/20 (144A) 125,000 $139,922
Fannie Mae, 3.5%, 4/1/44 9,509,420 $9,634,648
Fannie Mae, 4.0%, 5/1/44 10,010,337 $10,498,591
Federal Home Loan Mortgage Corp., 4.162%, 9/26/44 (144A) 50,000 $51,861
Federal National Mortgage Association REMICS, 3.5%, 1/25/29 500,000 $12,518
Ferrellgas LP, 6.5%, 5/1/21 625,000 $655,469
Ferrellgas LP, 6.75%, 1/15/22 (144A) 2,305,000 $2,409,878
Fieldwood Energy LLC, Closing Date Loan (Second Lien), 9/30/20 364,000 $373,441
Fifth Third Bancorp, Floating Rate Note (Perpetual) 7,500 $201,825
Filtration Group, Inc., Initial Term Loan (Second Lien), 11/15/21 200,000 $203,833
First Data Corp., 11.75%, 8/15/21 130,000 $158,818
First Data Holdings, Inc., 14.5%, 9/24/19 (144A) (PIK) 139,321 $160,922
First Quantum Minerals, Ltd., 7.25%, 5/15/22 (144A) 545,000 $569,230
Florida East Coast Holdings Corp., 6.75%, 5/1/19 (144A) 1,015,000 $1,069,176
Florida East Coast Holdings Corp., 9.75%, 5/1/20 (144A) 1,330,000 $1,428,475
Forbes Energy Services, Ltd., 9.0%, 6/15/19 325,000 $333,613
Forest Oil Corp., 7.5%, 9/15/20 275,000 $281,087
Fortescue Metals Group, Ltd. 510,745 $2,293,646
Fortune Real Estate Investment Trust 1,009,000 $954,523
Forum Energy Technologies, Inc., 6.25%, 10/1/21 (144A) 500,000 $535,417
FREMF Mortgage Trust 2011-K12, 4.347%, 1/25/46 (144A) 100,000 $105,608
FREMF Mortgage Trust 2012-K708, 3.759%, 2/27/45 (144A) 50,000 $50,947
Frontier Communications Corp., 7.125%, 1/15/23 2,040,000 $2,117,860
Frontier Communications Corp., 7.625%, 4/15/24 100,000 $106,495
Frontier Communications Corp., 8.5%, 4/15/20 317,000 $373,276
Frontier Communications Corp., 8.75%, 4/15/22 160,000 $186,522
Frontier Communications Corp., 9.25%, 7/1/21 800,000 $938,167
FTS International, Inc., 6.25%, 5/1/22 (144A) 545,000 $564,472
Galileo Re, Ltd., Floating Rate Note, 1/9/19 (Cat Bond) (144A) 600,000 $614,837
Gannett Co, Inc., 6.375%, 10/15/23 (144A) 1,505,000 $1,616,025
GCI, Inc., 6.75%, 6/1/21 1,200,000 $1,216,500
GCI, Inc., 8.625%, 11/15/19 300,000 $318,963
GDF Suez 233,061 $5,970,322
GE Capital Commercial Mortgage Corp., Floating Rate Note, 7/10/45 (144A) 250,000 $254,668
GE Mortgage Services LLC, Floating Rate Note, 3/25/27 1,650,000 $76,100
General Cable Corp., 4.5%, 11/15/29 (Step) 1,410,000 $1,298,258
General Cable Corp., 5.75%, 10/1/22 1,090,000 $1,113,617
General Electric Capital Corp., Floating Rate Note (Perpetual) 100,000 $117,910
Gentiva Health Services, Inc., 11.5%, 9/1/18 40,000 $44,317
Gibraltar Industries, Inc., 6.25%, 2/1/21 100,000 $105,375
GlaxoSmithKline Plc 123,834 $2,988,906
Global Display Co, Ltd. 213,042 $1,430,608
Global Mortgage Securitization, Ltd., 5.25%, 11/25/32 296,900 $82,721
Global Mortgage Securitization, Ltd., 5.25%, 11/25/32 (144A) 755,000 $204,371
Global Mortgage Securitization, Ltd., 5.25%, 11/25/32 (144A) 300,000 $73,857
Global Mortgage Securitization, Ltd., 5.25%, 4/25/32 (144A) 137,171 $34,582
Global Partners LP, 6.25%, 7/15/22 (144A) 1,655,000 $1,647,012
GMAT 2013-1 Trust, Floating Rate Note, 8/25/53 210,000 $200,455
Gol Finance, 9.25%, 7/20/20 (144A) 100,000 $102,783
Golub Capital BDC, Inc. 549,114 $9,120,784
Goodrich Petroleum Corp., 8.875%, 3/15/19 600,000 $648,617
Government National Mortgage Association, Floating Rate Note, 2/16/53 150,000 $11,144
Government National Mortgage Association, Floating Rate Note, 3/16/53 150,000 $10,596
Government National Mortgage Association, Floating Rate Note, 8/16/52 200,000 $12,733
Government National Mortgage Association, Floating Rate Note, 9/16/52 150,000 $11,549
Government National Mortgage Association REMICS, Floating Rate Note, 6/20/38 100,000 $3,941
Griffon Corp., 5.25%, 3/1/22 1,255,000 $1,256,516
GS Mortgage Securities Corp II Series 2004-GG2, Floating Rate Note, 8/10/38 100,000 $100,384
GS Mortgage Securities Trust 2012-GC6, Floating Rate Note, 1/10/45 (144A) 30,000 $32,005
Gulfport Energy Corp., 7.75%, 11/1/20 100,000 $110,438
H&E Equipment Services, Inc., 7.0%, 9/1/22 150,000 $166,750
Halcon Resources Corp., 5.75% (Perpetual) 500 $550,000
Halcon Resources Corp., 8.875%, 5/15/21 175,000 $184,841
Halcon Resources Corp., 9.25%, 2/15/22 570,000 $623,525
Halcon Resources Corp., 9.75%, 7/15/20 840,000 $902,440
HCA, Inc., 5.875%, 3/15/22 330,000 $358,774
Hercules Offshore, Inc., 6.75%, 4/1/22 (144A) 630,000 $581,766
Hercules Offshore, Inc., 7.5%, 10/1/21 (144A) 1,385,000 $1,346,913
Hercules Offshore, Inc., 8.75%, 7/15/21 (144A) 270,000 $275,775
Hexion US Finance Corp., 9.0%, 11/15/20 2,430,000 $2,464,020
Hibernia Real Estate Investment Trust plc 83,943 $119,586
Hiland Partners LP, 5.5%, 5/15/22 (144A) 370,000 $372,503
Hiland Partners LP, 7.25%, 10/1/20 (144A) 600,000 $655,000
Hostess Brands, Inc., Term B Loan, 4/9/20 199,500 $206,233
IAMGOLD Corp., 6.75%, 10/1/20 (144A) 200,000 $188,500
Indonesia Government International Bond, 6.625%, 2/17/37 (144A) 842,000 $997,922
Indonesia Treasury Bond, 6.125%, 5/15/28 51,122,000,000 $3,650,480
Indonesia Treasury Bond, 9.0%, 3/15/29 116,240,000,000 $10,808,571
Indo Tambangraya Megah Tbk PT 631,551 $1,414,776
Intelsat Luxembourg SA, 7.75%, 6/1/21 100,000 $103,542
Inter-American Development Bank, 7.25%, 7/17/17 2,000,000,000 $173,303
Intercorp Financial Services, Inc. 28,872 $936,896
Intrepid Aviation Group Holdings LLC, 6.875%, 2/15/19 (144A) 400,000 $429,903
Iron Mountain, Inc., 5.75%, 8/15/24 1,025,000 $1,052,177
j2 Global, Inc., 8.0%, 8/1/20 325,000 $364,000
Jack Cooper Holdings Corp., 9.25%, 6/1/20 (144A) 760,000 $843,917
JB Poindexter & Co, Inc., 9.0%, 4/1/22 (144A) 225,000 $255,656
JBS Investments GmbH, 7.25%, 4/3/24 (144A) 1,800,000 $1,901,275
JBS Investments GmbH, 7.75%, 10/28/20 (144A) 325,000 $355,069
Jefferies Finance LLC, 7.375%, 4/1/20 (144A) 200,000 $214,417
JMC Steel Group, Inc., 8.25%, 3/15/18 (144A) 725,000 $740,346
Johnson & Johnson 178,094 $17,825,428
Jonah Energy Llc 2nd Lien Tl L + 6.5% 08may21 1,034,680 $1,039,853
JPMorgan Chase & Co. 82,058 $4,732,285
JPMorgan Chase & Co., Floating Rate Note, 8/29/49 540,000 $595,586
JP Morgan Chase Commercial Mortgage Securities Trust 2007-LDP12, Floating Rate Note, 2/15/51 225,000 $235,576
JP Morgan Chase Commercial Mortgage Securities Trust 2013-FL3, Floating Rate Note, 4/15/28 (144A) 100,000 $100,816
Kane Flt% 12jun15 600,000 $536,100
KB Home, 7.0%, 12/15/21 150,000 $162,592
KB Home, 8.0%, 3/15/20 50,000 $58,136
KeHE Distributors LLC, 7.625%, 8/15/21 (144A) 685,000 $762,172
Kennedy-Wilson, Inc., 5.875%, 4/1/24 1,210,000 $1,237,906
Key Energy Services, Inc., 6.75%, 3/1/21 485,000 $508,341
Kinder Morgan Energy Partners LP, 5.0%, 8/15/42 100,000 $98,486
Kindred Healthcare, Inc., 6.375%, 4/15/22 (144A) 1,300,000 $1,312,783
Kodiak Oil & Gas Corp., 5.5%, 1/15/21 250,000 $263,111
Kraft Foods Group, Inc. 72,519 $3,885,931
Lamar Media Corp., 5.375%, 1/15/24 (144A) 300,000 $304,467
Lantheus Medical Imaging, Inc., 9.75%, 5/15/17 250,000 $254,521
LB-UBS Commercial Mortgage Trust 2006-C1, Floating Rate Note, 2/15/41 124,439 $128,381
Legacy Reserves LP, 6.625%, 12/1/21 150,000 $152,031
Legacy Reserves LP, 6.625%, 12/1/21 (144A) 1,025,000 $1,038,880
Lennar Corp., 4.75%, 11/15/22 135,000 $130,954
Level 3 Financing Inc Bridge L + 4.25% 15jun15 2,025,000 $2,025,000
Liberty Tire Recycling LLC, 11.0%, 10/1/16 (144A) 100,000 $98,417
LifePoint Hospitals, Inc., 5.5%, 12/1/21 (144A) 300,000 $309,500
Lightstream Resources, Ltd., 8.625%, 2/1/20 (144A) 160,000 $172,500
Linn Energy LLC, 6.25%, 11/1/19 2,100,000 $2,164,313
Live Nation Entertainment, Inc., 7.0%, 9/1/20 (144A) 870,000 $962,800
LKQ Corp., 4.75%, 5/15/23 1,800,000 $1,755,050
LMI Aerospace, Inc., 7.375%, 7/15/19 (144A) 1,160,000 $1,183,031
Lorillard, Inc. 119,193 $7,208,793
LyondellBasell Industries NV 82,481 $8,763,606
Mapletree Industrial Trust 7,882,000 $8,878,975
Mapletree Logistics Trust 2,855,000 $2,690,712
Masco Corp., 5.95%, 3/15/22 1,050,000 $1,186,477
Masco Corp., 7.125%, 3/15/20 100,000 $119,942
MasTec, Inc., 4.875%, 3/15/23 750,000 $749,750
MASTR Adjustable Rate Mortgages Trust 2003-6, Floating Rate Note, 12/25/33 8,310,345 $161,493
MASTR Adjustable Rate Mortgages Trust 2005-1, Floating Rate Note, 1/25/35 300,000 $42,123
MASTR Alternative Loan Trust 2004-6, 6.0%, 7/25/34 350,000 $72,683
Mastr Specialized Loan Trust, Floating Rate Note, 10/25/34 (144A) 250,000 $257,610
Mbnau 9.5% 20may19 144a 25,000 $25,270
McDermott International, Inc., 8.0%, 5/1/21 (144A) 860,000 $897,267
MCGRAW-HILL SCHOOL EDUCATION HOLDINGS LLC, Term B Loan, 12/18/19 895,500 $905,015
Mcron Finance Sub LLC, 8.375%, 5/15/19 (144A) 80,000 $88,814
MedAssets, Inc., 8.0%, 11/15/18 100,000 $105,939
Mediacom Broadband LLC, 5.5%, 4/15/21 (144A) 1,745,000 $1,798,174
Memorial Production Partners LP, 6.875%, 8/1/22 (144A) 2,445,000 $2,378,187
Memorial Production Partners LP, 7.625%, 5/1/21 390,000 $408,159
Memorial Resource Development Corp., 5.875%, 7/1/22 (144A) 630,000 $614,834
Merck & Co, Inc. 180,369 $10,234,137
Meritage Homes Corp., 7.0%, 4/1/22 170,000 $189,692
Meritor, Inc., 6.25%, 2/15/24 645,000 $681,550
Meritor, Inc., 6.75%, 6/15/21 640,000 $683,920
Merrill Lynch Mortgage Investors Trust Series 2006-AF1, 5.75%, 8/25/36 500,000 $79,212
Merrill Lynch Mortgage Investors Trust Series MLCC 2007-1, Floating Rate Note, 1/25/37 110,000 $46,661
Metaldyne LLC, USD Term Loan 2014, 12/18/18 121,623 $122,281
Metinvest BV, 8.75%, 2/14/18 (144A) 1,100,000 $966,119
MetroPCS Wireless, Inc., 6.625%, 11/15/20 100,000 $106,399
Micron Technology, Inc., 5.875%, 2/15/22 (144A) 375,000 $404,215
Microsoft Corp. 331,474 $14,306,418
Midstates Petroleum Co, Inc., 10.75%, 10/1/20 175,000 $194,833
Midstates Petroleum Co, Inc., 9.25%, 6/1/21 200,000 $209,583
Midwest Vanadium Pty, Ltd., 11.5%, 2/15/18 (144A) 100,000 $53,774
Millar Western Forest Products, Ltd., 8.5%, 4/1/21 1,460,000 $1,596,267
Mirabela Nickel, Ltd. 229,303 $23,440
MISA Investments, Ltd., 8.625%, 8/15/18 (144A) (PIK) 710,000 $754,567
Mitsubishi Corp. 73,200 $1,543,974
Mitsubishi UFJ Financial Group, Inc. 2,633,200 $15,586,935
Monitronics International, Inc., 9.125%, 4/1/20 965,256 $1,042,879
Monitronics International, Inc., Term B Loan (2013), 3/23/18 58,656 $58,702
Morgan Stanley, Floating Rate Note (Perpetual) 30,000 $826,800
Morgan Stanley Capital I Trust 2007-IQ15, Floating Rate Note, 6/11/49 100,000 $110,113
MPT Operating Partnership LP, 5.5%, 5/1/24 1,130,000 $1,173,379
Murphy Oil USA, Inc., 6.0%, 8/15/23 1,000,000 $1,080,167
Mustang Merger Corp., 8.5%, 8/15/21 (144A) 160,000 $178,271
Mythen Re, Ltd. Series 2012-2 Class A, Floating Rate Note, 1/5/17 (Cat Bond) (144A) 500,000 $531,339
Mythen Re, Ltd. Series 2012-2 Class A, Floating Rate Note, 11/10/16 (Cat Bond) (144A) 250,000 $263,587
Mythen Re, Ltd. Series 2013-1 Class B, Floating Rate Note, 7/9/15 (Cat Bond) (144A) 250,000 $256,278
NANA Development Corp., 9.5%, 3/15/19 (144A) 2,580,000 $2,596,806
Nations Equipment Finance Funding I LLC, 5.5%, 5/20/21 (144A) 200,000 $202,236
Nationstar Mortgage LLC, 6.5%, 6/1/22 1,455,000 $1,430,750
Nationstar Mortgage LLC, 6.5%, 7/1/21 1,080,000 $1,053,450
Nationstar Mortgage LLC, 6.5%, 8/1/18 100,000 $102,250
Navistar International Corp., 8.25%, 11/1/21 375,000 $394,922
Navitas Equipment Receivables LLC 2013-1, 5.82%, 6/15/19 250,000 $249,365
NCR Corp., 6.375%, 12/15/23 265,000 $283,059
Neenah Paper, Inc., 5.25%, 5/15/21 (144A) 1,215,000 $1,228,466
Neiman Marcus Group, Ltd. LLC, 8.0%, 10/15/21 (144A) 1,000,000 $1,078,556
Neopost SA 50,223 $3,522,620
NEP, Amendment No. 3 Incremental Term Loan (First Lien), 1/22/20 148,129 $148,268
NetApp, Inc. 57,421 $2,230,232
NeuStar, Inc., 4.5%, 1/15/23 1,290,000 $1,099,080
Nippon Telegraph & Telephone Corp. 100,500 $6,681,235
North Atlantic Drilling, Ltd., 6.25%, 2/1/19 (144A) 700,000 $714,997
Northern Oil and Gas, Inc., 8.0%, 6/1/20 400,000 $427,333
Novartis AG 123,354 $10,764,535
NRG Energy, Inc., 6.25%, 5/1/24 (144A) 2,825,000 $2,874,045
NRG Energy, Inc., 6.25%, 7/15/22 (144A) 600,000 $619,667
NRG Energy, Inc., 6.625%, 3/15/23 635,000 $669,943
NRG Energy, Inc., 7.625%, 1/15/18 75,000 $83,504
NSG Holdings LLC, 7.75%, 12/15/25 (144A) 300,000 $326,971
OAS Finance, Ltd., 8.0%, 7/2/21 (144A) 650,000 $652,564
Oasis Petroleum, Inc., 6.875%, 3/15/22 (144A) 250,000 $277,118
Ocean Rig UDW, Inc., 7.25%, 4/1/19 (144A) 895,000 $883,968
Ocwen Loan Servicing LLC, Initial Term Loan, 2/15/18 148,125 $148,755
Orange SA 364,141 $5,700,153
Outerwall, Inc., 5.875%, 6/15/21 (144A) 1,200,000 $1,189,183
Outerwall, Inc., 6.0%, 3/15/19 300,000 $313,550
Oxford Finance LLC, 7.25%, 1/15/18 (144A) 450,000 $470,575
Pacific Textiles Holdings, Ltd. 2,321,000 $2,912,689
Pangaea Zero% 01jul18 1,050,000 $1,069,530
Parker Drilling Co., 6.75%, 7/15/22 175,000 $179,025
Parker Drilling Co., 7.5%, 8/1/20 170,000 $187,000
Parsley Energy LLC, 7.5%, 2/15/22 (144A) 1,570,000 $1,690,367
PAX Global Technology, Ltd. 2,012,000 $1,542,749
PC Nextco Holdings LLC, 8.75%, 8/15/19 (144A) (PIK) 700,000 $735,243
PDC Energy, Inc., 7.75%, 10/15/22 200,000 $226,564
Pelican Products, Inc., Term Loan (First Lien), 4/8/20 231,938 $233,339
Penn Virginia Corp., 6.0% (Perpetual) (144A) 6,300 $631,021
Penn Virginia Corp., 7.25%, 4/15/19 200,000 $212,269
Penn Virginia Corp., 8.5%, 5/1/20 650,000 $733,688
Penn Virginia Resource Partners LP, 6.5%, 5/15/21 350,000 $376,678
Petco Holdings, Inc., 8.5%, 10/15/17 (144A) (PIK) 460,000 $476,113
Pfizer, Inc. 468,110 $13,434,757
Pinnacle Entertainment, Inc., 6.375%, 8/1/21 240,000 $254,850
Pioneer Energy Services Corp., 6.125%, 3/15/22 (144A) 775,000 $815,787
Polymer Group, Inc., 6.875%, 6/1/19 (144A) 500,000 $508,524
Post Holdings, Inc., 6.0%, 12/15/22 (144A) 1,775,000 $1,774,704
Post Holdings, Inc., 6.75%, 12/1/21 (144A) 1,375,000 $1,443,750
PPL Capital Funding, Inc., 5.9%, 4/30/73 10,000 $237,200
Premier Investment Corp. 345 $1,398,643
Prince Mineral Holding Corp., 12.0%, 12/15/19 (144A) 50,000 $56,798
Production Resource Group, Inc., 8.875%, 5/1/19 475,000 $390,539
Prospect Capital Corp. 201,979 $2,142,997
Provident Funding Associates LP, 6.75%, 6/15/21 (144A) 400,000 $400,450
QR Energy LP, 9.25%, 8/1/20 650,000 $774,313
Queen Street VII Re, Ltd., Floating Rate Note, 4/8/16 (Cat Bond) (144A) 500,000 $518,867
Radio Systems Corp., 8.375%, 11/1/19 (144A) 250,000 $279,609
Rain CII Carbon LLC, 8.0%, 12/1/18 (144A) 950,000 $995,917
Rain CII Carbon LLC, 8.25%, 1/15/21 (144A) 1,200,000 $1,249,400
RAMP Series 2004-RZ1 Trust, 4.82%, 3/25/34 (Step) 872,356 $294,087
RASC Series 2003-KS5 Trust, 4.46%, 7/25/33 (Step) 139,000 $91,787
Rayonier AM Products, Inc., 5.5%, 6/1/24 (144A) 515,000 $512,704
Regal Entertainment Group, 5.75%, 2/1/25 315,000 $323,269
Renfro Corp., Tranche B Term Loan, 1/30/19 147,750 $148,166
Rent-A-Center, Inc., 4.75%, 5/1/21 1,985,000 $1,795,184
Rentech Nitrogen Partners LP, 6.5%, 4/15/21 (144A) 1,245,000 $1,290,615
Residential Reinsurance 2011, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 350,000 $368,904
Residential Reinsurance 2012, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 500,000 $513,650
Residential Reinsurance 2012, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 600,000 $626,427
Residential Reinsurance 2012, Ltd., Floating Rate Note, 6/6/16 (Cat Bond) (144A) 250,000 $277,039
RESI Finance LP, Floating Rate Note, 9/10/35 (144A) 300,000 $59,473
Resolute Energy Corp., 8.5%, 5/1/20 100,000 $104,125
Resolute Forest Products, Inc., 5.875%, 5/15/23 2,155,000 $2,073,978
Revlon Consumer Products Corp., 5.75%, 2/15/21 150,000 $156,227
Rex Energy Corp., 6.25%, 8/1/22 (144A) 850,000 $841,441
Reynolds Group Issuer, Inc., 9.0%, 4/15/19 100,000 $106,900
Rialto Holdings LLC, 7.0%, 12/1/18 (144A) 950,000 $989,583
Rice Energy, Inc., 6.25%, 5/1/22 (144A) 785,000 $790,233
RKI Exploration & Production LLC, 8.5%, 8/1/21 (144A) 400,000 $445,000
Roche Holding AG 18,180 $5,280,262
Rosetta Resources, Inc., 5.625%, 5/1/21 745,000 $761,064
Rosetta Resources, Inc., 5.875%, 6/1/22 675,000 $693,422
Rosetta Resources, Inc., 5.875%, 6/1/24 680,000 $700,480
Royal Dutch Shell Plc 309,978 $12,753,139
Ryerson, Inc., 9.0%, 10/15/17 100,000 $108,525
Sabine Pass Liquefaction LLC, 5.625%, 2/1/21 290,000 $308,306
Sabine Pass Liquefaction LLC, 5.75%, 5/15/24 (144A) 1,365,000 $1,400,954
Safway Group Holding LLC, 7.0%, 5/15/18 (144A) 500,000 $531,139
Samson Investment Co., 10.5%, 2/15/20 (144A) 1,000,000 $1,062,069
Sanchez Energy Corp., 6.125%, 1/15/23 (144A) 1,470,000 $1,474,829
Sanchez Energy Corp., 7.75%, 6/15/21 735,000 $804,754
Sanders Re, Ltd., Floating Rate Note, 5/25/18 (Cat Bond) 500,000 $494,700
Sanders Re, Ltd., Floating Rate Note, 5/5/17 (Cat Bond) (144A) 250,000 $250,011
SandRidge Energy, Inc., 7.5%, 2/15/23 50,000 $53,854
SandRidge Energy, Inc., 7.5%, 3/15/21 380,000 $405,967
SandRidge Energy, Inc., 8.125%, 10/15/22 220,000 $239,563
Sarine Technologies, Ltd. 469,000 $1,067,757
Schaeffler Holding Finance BV, 6.875%, 8/15/18 (144A) (PIK) 200,000 $216,340
Scientific Games International, Inc., 6.25%, 9/1/20 1,750,000 $1,708,073
Sealed Air Corp., 6.875%, 7/15/33 (144A) 2,350,000 $2,415,931
Sega Sammy Holdings, Inc. 78,000 $1,549,505
Seitel, Inc., 9.5%, 4/15/19 1,520,000 $1,642,318
Sekisui Chemical Co, Ltd. 495,000 $5,930,313
Seventy Seven Energy, Inc., 6.5%, 7/15/22 (144A) 300,000 $303,396
SFX Entertainment, Inc., 9.625%, 2/1/19 (144A) 650,000 $710,010
Shelf Drilling Holdings, Ltd., 8.625%, 11/1/18 (144A) 185,000 $200,089
Silver Bay Realty 2014-1 Trust, Floating Rate Note, 9/17/31 (144A) 1,200,000 $1,188,690
Sinclair Television Group, Inc., 6.375%, 11/1/21 265,000 $282,473
Sirius XM Radio, Inc., 4.625%, 5/15/23 (144A) 1,320,000 $1,240,488
SM Energy Co., 5.0%, 1/15/24 300,000 $296,167
SNAAC Auto Receivables Trust 2013-1, 4.56%, 4/15/20 (144A) 100,000 $104,987
Societatea Nationala de Gaze Naturale ROMGAZ SA 26,968 $276,554
Sotheby's, 5.25%, 10/1/22 (144A) 1,885,000 $1,875,575
Southern States Cooperative, Inc., 10.0%, 8/15/21 (144A) 270,000 $286,500
Spark New Zealand, Ltd. 614,281 $1,484,867
SPDR S&P Euro Dividend Aristocrats UCITS ETF 19,866 $517,006
SPDR S&P UK Dividend Aristocrats UCITS ETF 25,151 $531,169
Spirit AeroSystems, Inc., 5.25%, 3/15/22 (144A) 425,000 $433,243
Spirit Master Funding LLC, 5.74%, 3/20/42 (144A) 178,672 $198,021
Springleaf Mortgage Loan Trust, Floating Rate Note, 6/25/58 (144A) 250,000 $251,093
Springleaf Mortgage Loan Trust 2012-3, Floating Rate Note, 12/25/59 (144A) 100,000 $103,820
Springs Industries, Inc., 6.25%, 6/1/21 200,000 $201,583
Sprint Corp., 7.125%, 6/15/24 (144A) 1,375,000 $1,415,018
Sprint Corp., 7.25%, 9/15/21 (144A) 200,000 $218,478
Sri Lanka Government Bonds, 9.0%, 5/1/21 160,000,000 $1,308,065
Stackpole International Intermediate, 7.75%, 10/15/21 (144A) 1,175,000 $1,201,813
Standard Pacific Corp., 6.25%, 12/15/21 505,000 $526,708
Star Gas Partners LP, 8.875%, 12/1/17 549,000 $585,943
Stone Energy Corp., 7.5%, 11/15/22 595,000 $647,558
StoneMor Partners LP, 7.875%, 6/1/21 (144A) 735,000 $781,397
Successor X, Ltd., Floating Rate Note, 11/10/15 (Cat Bond) (144A) 250,000 $262,266
Sumitomo Corp. 510,600 $6,684,467
Summit Midstream Holdings LLC, 7.5%, 7/1/21 325,000 $355,469
SunCoke Energy Partners LP, 7.375%, 2/1/20 (144A) 665,000 $726,097
SunCoke Energy Partners LP, 7.375%, 2/1/20 (144A) 1,095,000 $1,190,128
Swedbank AB 143,912 $3,686,345
Swift Energy Co., 7.875%, 3/1/22 1,345,000 $1,449,658
Swift Energy Co., 8.875%, 1/15/20 355,000 $372,375
Swiss Re AG 24,595 $2,090,157
Talos Production LLC, 9.75%, 2/15/18 (144A) 200,000 $216,492
Targa Resources Partners LP, 4.25%, 11/15/23 215,000 $210,479
TCP Capital Corp. 567,265 $9,700,232
TDC A/S 284,025 $2,865,266
Templar Energy Llc 2ndlien L + 7.7215% 04nov20 1,755,000 $1,741,838
Tempur Sealy International, Inc., 6.875%, 12/15/20 325,000 $348,574
The Bank of New York Mellon Corp., Floating Rate Note (Perpetual) 400,000 $371,050
The Howard Hughes Corp., 6.875%, 10/1/21 (144A) 500,000 $537,708
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 30,000 $34,451
The Ryland Group, Inc., 5.375%, 10/1/22 205,000 $204,573
TimberStar Trust 1, 7.5296%, 10/15/36 (144A) 25,000 $26,622
Titan International, Inc., 6.875%, 10/1/20 500,000 $518,958
T-Mobile USA, Inc., 6.5%, 1/15/24 215,000 $224,759
T-Mobile USA, Inc., 6.836%, 4/28/23 335,000 $355,291
TMS International Corp., 7.625%, 10/15/21 (144A) 2,005,000 $2,170,315
TMX Finance LLC, 8.5%, 9/15/18 (144A) 1,290,000 $1,410,436
Tonon Bioenergia SA, 9.25%, 1/24/20 (144A) 200,000 $183,860
Tonon Luxembourg SA, 10.5%, 5/14/24 (144A) 550,000 $576,102
Total SA 136,443 $8,800,414
TRAC Intermodal LLC, 11.0%, 8/15/19 100,000 $116,072
Tradewynd Re, Ltd., Floating Rate Note, 1/8/15 (Cat Bond) (144A) 250,000 $250,470
Transcend Information, Inc. 199,000 $675,744
Transfield Services, Ltd., 8.375%, 5/15/20 (144A) 635,000 $664,779
TriplePoint Venture Growth BDC Corp. 256,010 $3,899,032
Triumph Group, Inc., 5.25%, 6/1/22 (144A) 550,000 $551,902
Tronox Finance LLC, 6.375%, 8/15/20 800,000 $831,517
Trswap: Jpnk400 Index Jpy Buy -1,839,180,000 $759,601
Truven Health Analytics, Inc., 10.625%, 6/1/20 80,000 $88,217
Unifrax I LLC, 7.5%, 2/15/19 (144A) 200,000 $214,917
Unison Ground Lease Funding LLC, 5.78%, 3/15/20 (144A) 100,000 $103,026
United Continental Holdings, Inc., 6.0%, 7/15/26 2,300,000 $2,257,258
United Rentals North America, Inc., 5.75%, 11/15/24 640,000 $662,169
Universal Hospital Services, Inc., 7.625%, 8/15/20 1,080,000 $1,139,573
Univision Communications, Inc., Replacement First-Lien Term Loan, 3/1/20 59,212 $58,916
US Airways 2013-1 Class B Pass Through Trust, 5.375%, 11/15/21 150,000 $157,327
USI, Inc. New York, 7.75%, 1/15/21 (144A) 200,000 $199,189
Valero Energy Corp., 6.625%, 6/15/37 100,000 $122,798
Vanguard Natural Resources LLC, 7.875%, 4/1/20 230,000 $250,988
Verizon Communications, Inc. 105,404 $5,340,862
Verizon Communications, Inc. 130,142 $6,561,760
Vertafore, Inc., Term Loan (2013), 10/3/19 95,549 $95,728
Viasystems, Inc., 7.875%, 5/1/19 (144A) 2,520,000 $2,670,413
Viking Cruises, Ltd., 8.5%, 10/15/22 (144A) 50,000 $56,126
Vodafone Group Plc 628,768 $2,093,531
VOLT XXIII LLC, 4.75%, 11/25/53 (Step) 1,900,000 $1,907,003
Voya Financial, Inc., Floating Rate Note, 5/15/53 300,000 $308,828
W&T Offshore, Inc., 8.5%, 6/15/19 500,000 $537,931
Wachovia Bank Commercial Mortgage Trust Series 2006-C24, Floating Rate Note, 3/15/45 84,000 $86,628
Wachovia Bank Commercial Mortgage Trust Series 2007-C34, Floating Rate Note, 5/15/46 25,000 $26,490
Waterjet Holdings, Inc., 7.625%, 2/1/20 (144A) 1,865,000 $2,034,411
WCP ISSUER LLC, 6.657%, 8/15/20 (144A) 100,000 $107,278
WellCare Health Plans, Inc., 5.75%, 11/15/20 1,000,000 $1,032,139
Wells Enterprises, Inc., 6.75%, 2/1/20 (144A) 160,000 $172,200
West Corp., Term B-10 Loan, 6/30/18 107,442 $106,617
WF-RBS Commercial Mortgage Trust 2011-C2, Floating Rate Note, 2/15/44 (144A) 50,000 $53,110
WFRBS Commercial Mortgage Trust 2011-C3, Floating Rate Note, 3/15/44 (144A) 100,000 $110,124
WFRBS Commercial Mortgage Trust 2013-C12, Floating Rate Note, 3/17/48 (144A) 100,000 $96,737
Windstream Corp., 6.375%, 8/1/23 2,680,000 $2,731,925
Windstream Corp., 7.5%, 6/1/22 770,000 $839,300
Windstream Corp., 7.75%, 10/1/21 590,000 $651,704
WMG Acquisition Corp., 5.625%, 4/15/22 (144A) 1,900,000 $1,919,000
WMG Acquisition Corp., 6.75%, 4/15/22 (144A) 800,000 $794,800
Wynn Las Vegas LLC, 4.25%, 5/30/23 (144A) 1,120,000 $1,060,866
Xerium Technologies, Inc., 8.875%, 6/15/18 1,130,000 $1,210,615
Yahoo!, Inc. 81,169 $2,906,662
Zurich Insurance Group AG 15,065 $4,378,330

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