Pioneer Dynamic Credit Fund

Top 10 Portfolio Holdings as of 6/30/2015
Default: sorted by market value

Security Name Par / Shares Market Value
14112z Zero% 01feb19 2,000,000 $2,116,200
17079z Zero% 31mar18 250,000 $254,175
A10 Securitization 2013-1 LLC, 4.7%, 11/17/25 (144A) 350,000 $351,127
A10 Securitization 2013-1 LLC, 6.41%, 11/17/25 (144A) 139,000 $139,477
AAF Holdings LLC, 12.0%, 7/1/19 (144A) (PIK) 1,129,903 $1,183,573
ACCELLENT INC, Initial Term Loan (First Lien), 2/21/21 913,438 $909,631
Accudyne Industries Borrower SCA, Refinancing Term Loan, 12/13/19 687,677 $666,760
Acgl Zero% 01jul16 700,000 $715,540
ACRE Commercial Mortgage Trust 2014-FL2, Floating Rate Note, 8/15/31 (144A) 1,400,000 $1,397,195
Advanced Micro Devices, Inc., 6.75%, 3/1/19 220,000 $204,600
Advanced Micro Devices, Inc., 7.5%, 8/15/22 320,000 $291,467
AECOM, 5.75%, 10/15/22 (144A) 635,000 $650,646
Aegis Toxicology Corp 1st Lien Tl-B L + 4.5% 20feb21 222,750 $214,954
Aeropuertos Argentina 2000 SA, 10.75%, 12/1/20 (144A) 208,000 $172,806
Affiliated Managers Group, Inc., 4.25%, 2/15/24 915,000 $957,516
Affinion Group, Inc., Tranche B Term Loan, 4/30/18 959,222 $924,450
Agrokor dd, 8.875%, 2/1/20 (144A) 75,000 $84,073
Air Canada 2013-1 Class A Pass Through Trust, 4.125%, 11/15/26 (144A) 500,000 $477,121
Air Canada 2013-1 Class C Pass Through Trust, 6.625%, 5/15/18 (144A) 500,000 $527,933
Aircastle, Ltd., 6.25%, 12/1/19 600,000 $653,345
Akorn, Inc., Loan, 11/13/20 688,385 $691,397
Albertsons LLC, Term B-2 Loan, 3/21/19 892,018 $896,757
Alkermes, Inc., 2019 Term Loan, 9/25/19 684,424 $685,422
Allegion US Holding Co, Inc., 5.75%, 10/1/21 930,000 $973,594
Alliance HealthCare Services, Inc., Initial Term Loan, 6/3/19 847,816 $846,226
Alliance One International, Inc., 9.875%, 7/15/21 800,000 $736,428
Alliant Holdings I LLC, Initial Term Loan, 12/20/19 487,287 $488,201
Allison Transmission, Inc., Term B-3 Loan, 8/23/19 553,265 $555,080
Ally Financial, Inc., 4.625%, 5/19/22 250,000 $248,224
Ally Financial, Inc., 7.0% (Perpetual) (144A) 800 $812,375
Altisource Solutions Sarl, Term B Loan, 12/9/20 1,132,347 $1,010,620
Altrl Zero% 30jun16 2,501,147 $1,457,168
Altrl Zero% 30jun17 1,000,000 $1,030,000
American Airlines 1st Lien Tl-B L + 2.75% 27jun20 343,875 $341,296
American Airlines 2014-1 Class B Pass Through Trust, 4.375%, 10/1/22 1,550,000 $1,516,899
American Airlines Inc 1st Lien Tl-B L + 3% 10oct21 175,000 $174,891
Amgen, Inc., 5.375%, 5/15/43 2,500,000 $2,670,105
Amsted Industries, Inc., 5.0%, 3/15/22 (144A) 1,205,000 $1,221,234
Amsurg Corp., 5.625%, 7/15/22 545,000 $563,905
Apex Tool Group LLC, Term Loan, 1/31/20 635,742 $625,412
Applied Systems, Inc., Initial Term Loan (First Lien), 1/15/21 213,620 $213,772
Approach Resources, Inc., 7.0%, 6/15/21 1,000,000 $903,111
Appvion, Inc., Term Commitment, 6/28/19 982,500 $920,070
Arcelik AS, 5.0%, 4/3/23 (144A) 400,000 $387,537
Ardagh Finance Holdings SA, 8.625%, 6/15/19 (144A) (PIK) 707,758 $764,503
Arlington Flt% 01aug15 600,000 $683,580
Armacell International GmbH, Term Loan B (First Lien), 7/2/20 492,500 $493,116
A Schulman Inc Bridge L + 0% 27mar16 1,945,000 $1,945,000
Aspen Insurance Holdings, Ltd., Floating Rate Note (Perpetual) 25,000 $630,000
AT&T, Inc., 3.9%, 3/11/24 2,000,000 $2,040,793
Atlantic Power LP, Term Loan, 2/20/21 1,347,096 $1,352,148
Atlas IX Capital, Ltd., Floating Rate Note, 1/17/19 (Cat Bond) (144A) 250,000 $256,440
Atrium Innovations, Inc., Initial Tranche B-1 Term Loan (First Lien), 1/29/21 592,500 $579,909
Audio Visual Services Corp., Initial Term Loan (First Lien), 1/24/21 113,563 $113,563
Avago Technologies Ltd 1st Lien Tl-B L + 3% 16apr21 258,305 $259,039
Avg Technologies Nv 1st Lien Tl-B L + 4.75% 07oct20 1,243,750 $1,249,969
Axiall Corp., 4.875%, 5/15/23 1,405,000 $1,364,577
Axis Equipment Finance Receivables III LLC, 5.27%, 5/20/20 (144A) 500,000 $498,468
AXIS Equipment Finance Receivables II LLC, 4.94%, 7/20/18 (144A) 1,100,000 $1,129,485
AXIS Equipment Finance Receivables II LLC, 6.41%, 10/22/18 (144A) 250,000 $255,586
Banc of America Commercial Mortgage Trust 2007-5, Floating Rate Note, 2/10/51 1,250,000 $1,289,580
Banc of America Mortgage Trust 2004-2, 5.5%, 3/25/34 212,565 $55,754
Banco Santander SA, Floating Rate Note (Perpetual) 800,000 $786,152
Bank of America Corp., 6.11%, 1/29/37 400,000 $458,646
Bank of America Corp., Floating Rate Note, 10/23/49 800,000 $837,822
Bank of America Corp., Floating Rate Note, 9/29/49 925,000 $939,586
Bankrate, Inc., 6.125%, 8/15/18 (144A) 1,150,000 $1,142,110
Bayview Commercial Asset Trust 2004-1, Floating Rate Note, 4/25/34 (144A) 4,900,000 $392,920
Bayview Commercial Asset Trust 2004-3, Floating Rate Note, 1/25/35 (144A) 7,450,000 $1,030,208
Bayview Financial Mortgage Pass-Through Trust 2007-B, 6.407%, 8/28/37 (Step) 1,288,834 $37,924
Bayview Opportunity Master Fund IIa Trust 2014-20NPL, 3.475%, 8/28/44 (Step) (144A) 460,000 $334,110
Bayview Opportunity Master Fund Trust 2014-15RPL, Floating Rate Note, 10/28/19 (144A) 1,750,000 $1,380,576
Bayview Opportunity Master Fund Trust IIIa 2014-12RPL, 3.6225%, 7/28/19 (Step) (144A) 500,000 $201,368
Bear Stearns ALT-A Trust 2003-3, Floating Rate Note, 10/25/33 23,000,000 $142,943
Bear Stearns Commercial Mortgage Securities Trust 2004-TOP16, Floating Rate Note, 2/13/46 (144A) 500,000 $520,699
Bear Stearns Commercial Mortgage Securities Trust 2005-PWR7, Floating Rate Note, 2/11/41 100,000 $100,408
Bear Stearns Commercial Mortgage Securities Trust 2005-TOP20, Floating Rate Note, 10/12/42 1,600,000 $1,606,320
Bear Stearns Commercial Mortgage Securities Trust 2006-PWR14, 5.273%, 12/11/38 2,642,507 $2,686,164
Bear Stearns Commercial Mortgage Securities Trust 2007-PWR16, Floating Rate Note, 6/11/40 2,000,000 $2,071,303
Belden, Inc., 5.5%, 4/15/23 300,000 $349,510
Belden, Inc., 5.5%, 9/1/22 (144A) 1,360,000 $1,374,733
Beverage Packaging Holdings Luxembourg II SA, 5.625%, 12/15/16 (144A) 200,000 $200,125
Beverage Packaging Holdings Luxembourg II SA, 6.0%, 6/15/17 (144A) 300,000 $300,800
BioScrip, Inc., Delayed Draw Term Loan, 7/31/20 292,369 $290,420
BioScrip, Inc., Initial Term B Loan, 7/31/20 487,281 $484,033
Blackstone Holdings Finance Co LLC, 5.0%, 6/15/44 (144A) 300,000 $301,416
Blackstone Holdings Finance Co LLC, 6.25%, 8/15/42 (144A) 750,000 $893,177
Blue Danube II, Ltd., Floating Rate Note, 5/23/18 (Cat Bond) (144A) 750,000 $749,001
Boardwalk Pipelines LP, 4.95%, 12/15/24 2,000,000 $1,965,726
Bombardier Recreational Products, Inc., Term B Loan, 1/30/19 400,857 $401,179
Bonanza Creek Energy, Inc., 5.75%, 2/1/23 980,000 $903,029
Bonanza Creek Energy, Inc., 6.75%, 4/15/21 345,000 $331,804
Booz Allen Hamilton, Inc., Refinance Tranche B, 7/31/19 124,031 $124,589
Bright Horizons Family Solutions, Inc., Term B Loan, 1/30/20 785,210 $785,946
Builders Firstsource Inc Bridge L + 7.5% 13apr16 1,880,000 $1,880,000
C&S Group Enterprises LLC, 5.375%, 7/15/22 (144A) 1,150,000 $1,109,502
Caelus Re 2013, Ltd., Floating Rate Note, 4/7/20 (Cat Bond) (144A) 1,000,000 $1,020,506
Caleres, Inc., 7.125%, 5/15/19 750,000 $786,078
Calfrac Holdings LP, 7.5%, 12/1/20 (144A) 330,000 $306,785
Calpine Construction Finance Co LP, Term B-1 Loan, 5/3/20 524,300 $515,999
Calpine Corp., Term Loan (10/12), 10/9/19 438,113 $438,626
CAM Mortgage Trust 2014-2, Floating Rate Note, 5/15/48 (144A) 400,000 $184,446
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 500,000 $558,398
Capella Healthcare, Inc., 9.25%, 7/1/17 200,000 $214,000
Caraustar Industries, Inc., Term Loan, 5/1/19 200,338 $201,339
Cardtronics, Inc., 1.0%, 12/1/20 1,000,000 $982,083
Cardtronics, Inc., 5.125%, 8/1/22 (144A) 1,000,000 $998,854
Carefree Portfolio Trust 2014-CARE, Floating Rate Note, 11/15/29 (144A) 500,000 $474,672
Carlyle Holdings II Finance LLC, 5.625%, 3/30/43 (144A) 1,665,000 $1,753,474
Catamaran Corp., 4.75%, 3/15/21 1,125,000 $1,261,672
CCO Holdings LLC, 5.75%, 9/1/23 475,000 $484,995
CCO Holdings LLC, 6.625%, 1/31/22 600,000 $642,173
CD 2005-CD1 Commercial Mortgage Trust, Floating Rate Note, 7/15/44 2,500,000 $2,518,916
CENGAGE LEARNING ACQUISITIONS INC, Term Loan, 3/6/20 247,622 $248,551
CenturyLink, Inc., 7.6%, 9/15/39 150,000 $139,294
CenturyLink, Inc., 7.65%, 3/15/42 1,300,000 $1,205,783
Cenveo Corp., 6.0%, 8/1/19 (144A) 1,210,000 $1,167,650
Cequel Communications LLC, Term Loan, 2/14/19 371,467 $370,420
Charter Communications Operating L 1st Lien Bridge L + 6.625% 26may16 1,015,000 $1,015,000
Charter Communications Operating LLC, Term F Loan, 12/31/20 490,000 $484,641
Chiquita Brands International, Inc., 7.875%, 2/1/21 428,000 $475,214
CHL Mortgage Pass-Through Trust 2002-32, Floating Rate Note, 1/25/33 450,000 $51,534
CHS, 6.875%, 2/1/22 0 $28,503
CHS, 8.0%, 11/15/19 1,075,000 $1,143,770
CHS, Incremental 2019 Term G Loan, 12/31/19 121,040 $121,192
CHS, Incremental 2021 Term H Loan, 1/27/21 222,711 $223,283
Citigroup, Inc., Floating Rate Note (Perpetual) 63,000 $1,724,310
Citigroup, Inc., Floating Rate Note (Perpetual) 1,500,000 $1,510,933
Citigroup, Inc., Floating Rate Note (Perpetual) 640,000 $646,372
Citigroup Commercial Mortgage Trust 2006-C4, Floating Rate Note, 3/17/49 300,000 $309,809
Citigroup Mortgage Loan Trust, Inc., 6.75%, 9/25/34 300,000 $55,894
Citrus Re, Ltd., Floating Rate Note, 4/18/17 (Cat Bond) (144A) 250,000 $245,089
Citrus Re, Ltd., Floating Rate Note, 4/24/17 (Cat Bond) (144A) 350,000 $343,459
CityCenter Holdings LLC, Term B Loan, 10/16/20 227,316 $227,742
Cleaver-Brooks, Inc., 8.75%, 12/15/19 (144A) 750,000 $741,667
Cme: (Cdx.Na.Hy.23.V4) Usd 20dec19 Z91mw60e6 -100,676,300 $-9,298,049
Cme: (Cdx.Na.Hy.24.V2) Usd 20jun20 Z91r5q076 -10,211,850 $-656,183
CNL Commercial Mortgage Loan Trust 2003-1, Floating Rate Note, 5/15/31 (144A) 5,908,000 $395,500
COBALT CMBS Commercial Mortgage Trust 2007-C2, Floating Rate Note, 4/15/47 1,200,000 $1,216,518
COBALT CMBS Commercial Mortgage Trust 2007-C3, Floating Rate Note, 5/15/46 220,000 $194,432
COBALT CMBS Commercial Mortgage Trust 2007-C3, Floating Rate Note, 5/15/46 715,000 $674,771
COMM 2006-C8 Mortgage Trust, 5.377%, 12/10/46 2,000,000 $2,021,552
COMM 2012-CCRE2 Mortgage Trust, Floating Rate Note, 8/17/45 (144A) 100,000 $99,333
COMM 2013-FL3 Mortgage Trust, Floating Rate Note, 10/13/28 1,400,000 $1,403,458
COMM 2014-KYO Mortgage Trust, Floating Rate Note, 6/11/27 (144A) 1,400,000 $1,404,189
COMM 2015-CCRE23 Mortgage Trust, 3.807%, 5/12/48 1,000,000 $952,492
Commercial Mortgage Trust 2007-GG11, Floating Rate Note, 12/10/49 1,600,000 $1,672,648
Commercial Vehicle Group, Inc., 7.875%, 4/15/19 400,000 $416,650
Commonwealth of the Bahamas, 5.75%, 1/16/24 (144A) 1,700,000 $1,889,302
CommScope, Inc., Tranche 4 Term Loan, 1/14/18 109,659 $109,768
Compass Re II, Ltd., Floating Rate Note, 12/8/15 (Cat Bond) (144A) 250,000 $238,100
Comstock Resources, Inc., 10.0%, 3/15/20 (144A) 1,000,000 $932,080
Confie seguros Holding II Co., Term B Loan (First Lien), 11/9/18 784,301 $786,262
Constellation Brands, Inc., 3.75%, 5/1/21 470,000 $463,538
Continental Airlines 1997-4 Class B Pass Through Trust, 6.9%, 1/2/17 250,000 $8,477
Continental Airlines 2001-1 Class B Pass Through Trust, 7.373%, 12/15/15 250,000 $50,954
ConvaTec, Inc., Dollar Term Loan, 12/22/16 100,000 $100,167
ConvaTec Healthcare E SA, 10.5%, 12/15/18 (144A) 100,000 $105,967
Copano Energy LLC, 7.125%, 4/1/21 373,000 $401,599
Coveris Holdings SA, USD Term Loan, 4/14/19 23,862 $23,957
Coveris Holdings Sa Us 1st Lien Tl-B1 L + 3.5% 08may19 300,000 $301,062
Credit Agricole SA, Floating Rate Note (Perpetual) (144A) 1,900,000 $1,857,197
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 10/15/39 (144A) 100,000 $102,557
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 6/25/33 1,749,811 $312,048
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 8/15/38 2,050,000 $1,963,980
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 8/15/38 1,150,000 $1,155,839
Crossmark Holdings, Inc., Term Loan (First Lien), 12/20/19 195,122 $176,830
Crown Castle 1st Lien Term-B2 L + 2.5% 31jan21 648,856 $646,180
Crowne Group Llc 1st Lien Tl-B L + 5% 29sep20 1,219,054 $1,216,007
CS Intermediate Holdco 2 LLC, Term Loan, 3/28/21 643,500 $643,366
CSMC Trust 2014-SURF, Floating Rate Note, 2/15/29 (144A) 2,000,000 $2,001,978
CST Brands, Inc., 5.0%, 5/1/23 1,325,000 $1,329,417
Cummins, Inc., 5.65%, 3/1/98 350,000 $374,527
CWABS Asset-Backed Certificates Trust 2005-4, Floating Rate Note, 9/27/32 360,000 $1,051
CWGS Group LLC, Term Loan, 2/20/20 1,377,500 $1,386,970
Darling Ingredients, Inc., 5.375%, 1/15/22 1,060,000 $1,086,272
DaVita HealthCare Partners, Inc., 5.125%, 7/15/24 1,360,000 $1,369,189
DaVita HealthCare Partners, Inc., Tranche B Term Loan, 6/19/21 62,864 $62,962
DBUBS 2011-LC2 Mortgage Trust, Floating Rate Note, 7/12/44 (144A) 113,538 $126,157
DCP Midstream LLC, Floating Rate Note, 5/21/43 (144A) 1,550,000 $1,238,450
Del Coronado Trust 2013-DEL MZ, Floating Rate Note, 3/15/18 (144A) 1,300,000 $1,303,386
Del Monte Foods, Inc., Initial Loan (First Lien), 11/26/20 245,202 $234,475
Delta Air Lines, Inc., 2014 Term B-1 Loan, 10/18/18 170,625 $170,398
Delta Air Lines 2010-1 Class B Pass Through Trust, 6.375%, 1/2/16 (144A) 400,000 $421,679
Delta Air Lines 2010-2 Class B Pass Through Trust, 6.75%, 11/23/15 (144A) 900,000 $922,163
Denbury Resources, Inc., 4.625%, 7/15/23 910,000 $783,807
DigitalGlobe, Inc., Term Loan, 1/31/20 789,415 $791,142
DIRECTV Holdings LLC, 5.15%, 3/15/42 1,000,000 $955,966
Dole Food Co, Inc., 7.25%, 5/1/19 (144A) 400,000 $408,833
DPx Holdings BV, 7.5%, 2/1/22 (144A) 705,000 $756,994
DR Horton, Inc., 5.75%, 8/15/23 765,000 $825,605
Drillships Financing Holding, Inc., Tranche B-1 Term Loan, 3/31/21 707,622 $578,835
Drug Royalty II LP 2, Floating Rate Note, 7/15/23 (144A) 750,000 $693,638
Dtz Us Borrower Llc 1st Lien Tl L + 4.5% 28oct21 1,654,201 $1,669,193
DuPont Fabros Technology LP, 5.875%, 9/15/21 1,000,000 $1,029,799
DynCorp International, Inc., Term Loan, 7/7/16 815,805 $807,988
Dynegy, Inc., Tranche B-2 Term Loan, 4/23/20 301,538 $302,449
East Lane Re V, Ltd., Floating Rate Note, 3/16/16 (Cat Bond) (144A) 250,000 $253,088
Eco Services Operations Llc 1st Lien Tl-B L + 3.75% 10oct21 572,125 $570,695
Electricite de France SA, Floating Rate Note (Perpetual) (144A) 1,000,000 $1,023,417
Embarcadero Reinsurance, Ltd., Floating Rate Note, 2/7/17 (Cat Bond) (144A) 1,000,000 $1,008,012
Emdeon, Inc., Term B-2 Loan, 11/2/18 771,963 $773,024
Empresas ICA SAB de CV, 8.9%, 2/4/21 (144A) 500,000 $448,171
Endo Finance LLC, 5.375%, 1/15/23 (144A) 875,000 $885,749
Enel Finance International NV, 5.125%, 10/7/19 (144A) 150,000 $166,238
Enel S.p.A., Floating Rate Note, 9/24/73 (144A) 1,190,000 $1,393,581
Energy XXI, Ltd., 3.0%, 12/15/18 20,000 $4,727
Ensco Plc, 5.75%, 10/1/44 1,950,000 $1,765,805
Entegris, Inc., 6.0%, 4/1/22 (144A) 1,000,000 $1,042,500
Envision Healthcare Corp., Initial Term Loan, 5/25/18 292,382 $292,869
EP Energy LLC, 6.375%, 6/15/23 (144A) 865,000 $872,217
EP Energy LLC, Tranche B-3 Loan, 5/24/18 176,667 $175,563
Epiq Systems, Inc., Term Loan, 8/27/20 588,447 $587,976
EQTY 2014-INNS Mortgage Trust, Floating Rate Note, 5/8/31 (144A) 530,000 $530,403
EQTY 2014-MZ Mezzanine Trust, Floating Rate Note, 5/9/19 (144A) 300,000 $276,854
Essar Steel Algoma Inc 1st Lien Tl-B L + 6.5% 07aug19 347,375 $318,137
Evergreen Skills Lux Sarl, Initial Term Loan (First Lien), 4/23/21 1,270,400 $1,244,652
ExGen Renewables I LLC, Term Loan, 2/5/21 1,026,327 $1,036,590
Expert Global Solutions, Inc., Term B Advance (First Lien), 4/3/18 76,767 $76,959
FAGE Dairy Industry SA, 9.875%, 2/1/20 (144A) 300,000 $325,094
Fannie Mae, 3.5%, 5/1/44 6,475,000 $5,646,410
Fannie Mae, 4.0%, 5/1/44 1,445,896 $1,120,207
Fannie Mae, 4.0%, 9/1/43 528,373 $505,727
Fannie Mae, 4.5%, 9/1/39 2,945,000 $1,094,451
Fannie Mae, 4.5%, 9/1/40 2,868,485 $888,234
FCA US LLC, Tranche B Term Loan, 12/29/18 1,999,688 $1,997,938
FCI - FIDJI LUXEMBOURG BC4 SARL, Term Loan, 12/19/20 393,750 $394,242
Federal Home Loan Mortgage Corp., 4.5%, 6/1/41 2,749,325 $832,358
Federal Home Loan Mortgage Corp., Floating Rate Note, 5/25/45 (144A) 175,000 $178,762
Fidelity & Guaranty Life Holdings, Inc., 6.375%, 4/1/21 (144A) 500,000 $527,969
Fieldwood Energy LLC, Closing Date Loan, 9/25/18 246,243 $234,977
Fieldwood Energy LLC, Closing Date Loan (Second Lien), 9/30/20 1,388,112 $1,065,376
Firstar Realty LLC, 8.875% (Perpetual) (144A) 400 $494,000
First Data Corp., 2018 New Dollar Term Loan, 3/24/18 500,000 $499,024
Fitness International Llc 1st Lien Tl-B L + 4.5% 25jun20 410,219 $395,990
Fixed Income Trust Series 2013-A, 0.0%, 10/15/97 (Step) (144A) 1,000,000 $691,055
Flagship Credit Auto Trust 2013-1, 5.38%, 7/15/20 700,000 $724,138
Flextronics International, Ltd., 4.625%, 2/15/20 585,000 $608,384
Flextronics International, Ltd., 5.0%, 2/15/23 695,000 $721,715
Floatel 1st Lien Tl-B L + 5% 22may20 0 $0
Florida East Coast Holdings Corp., 6.75%, 5/1/19 (144A) 1,070,000 $1,084,713
Fly Funding II Sarl, Loan, 8/8/18 706,036 $707,507
Fly Leasing, Ltd., 6.375%, 10/15/21 1,375,000 $1,410,693
FMG Resources August 2006 Pty, Ltd., 9.75%, 3/1/22 (144A) 700,000 $734,883
FMG Resources August 2006 Pty, Ltd., Loan, 6/30/19 221,199 $196,937
Foresight Energy LLC, Term Loan, 8/21/20 249,073 $247,205
FREMF Mortgage Trust 2013-K28, Floating Rate Note, 6/25/46 (144A) 1,000,000 $969,045
Frontier Communications Corp., 7.625%, 4/15/24 250,000 $224,649
Frontier Communications Corp., 8.75%, 4/15/22 500,000 $504,236
Frontier Communications Corp., 9.0%, 8/15/31 200,000 $188,800
GAHR Commercial Mortgage Trust 2015-NRF, Floating Rate Note, 12/15/34 (144A) 820,000 $772,185
Galileo Re, Ltd., Floating Rate Note, 1/9/19 (Cat Bond) (144A) 1,000,000 $1,023,661
Gannett Co, Inc., 6.375%, 10/15/23 1,120,000 $1,181,273
Garda World Security Corp., Term B Delayed Draw Loan, 11/8/20 52,145 $52,058
Garda World Security Corp., Term B Loan, 11/1/20 203,839 $203,499
Gardner Denver, Inc., Initial Dollar Term Loan, 7/30/20 380,524 $372,343
Gator Re, Ltd., Floating Rate Note, 1/9/17 (Cat Bond) (144A) 600,000 $550,681
GE Business Loan Trust 2005-1, Floating Rate Note, 6/15/33 (144A) 2,500,000 $537,795
GE Capital Commercial Mortgage Corp., Floating Rate Note, 7/10/45 (144A) 350,000 $351,612
Geely Automobile Holdings, Ltd., 5.25%, 10/6/19 (144A) 950,000 $978,401
GE Mortgage Services LLC, Floating Rate Note, 3/25/27 5,850,000 $177,997
Generac Power Systems, Inc., Term Loan B, 5/31/20 572,400 $568,584
Generic Drug Holdings, Inc., Closing Date Term Loan, 8/16/20 438,505 $437,683
Genpact International, Inc., Term Loan, 8/30/19 319,193 $320,656
Gibraltar Industries, Inc., 6.25%, 2/1/21 1,000,000 $1,048,542
GLC Trust 2013-1, 3.0%, 7/15/21 (144A) 1,500,000 $917,259
Glencore Funding LLC, 4.125%, 5/30/23 (144A) 200,000 $194,193
Glenn Pool Oil & Gas Trust, Term Loan, 5/2/16 17,865 $17,820
Global Mortgage Securitization, Ltd., 5.25%, 11/25/32 (144A) 1,671,000 $347,551
Global Mortgage Securitization, Ltd., 5.25%, 11/25/32 (144A) 800,000 $146,205
Global Mortgage Securitization, Ltd., 5.25%, 4/25/32 509,814 $105,279
Global Mortgage Securitization, Ltd., 5.25%, 4/25/32 2,500,000 $652,717
GMAC Capital Trust I, Floating Rate Note, 2/15/40 27,750 $720,945
GMAT 2013-1 Trust, Floating Rate Note, 8/25/53 570,000 $545,137
Golar LNG Partners LP, Floating Rate Note, 10/12/17 2,000,000 $268,376
Golden State RE II, Ltd., Floating Rate Note, 1/8/19 (Cat Bond) (144A) 250,000 $249,333
Gray Television Inc. 1st Lien Tl L + 3% 10jun21 498,306 $498,981
Griffon Corp., 5.25%, 3/1/22 1,375,000 $1,392,188
GRIFOLS WORLDWIDE OPERATIONS USA INC, U.S. Tranche B Term Loam, 4/1/21 98,750 $98,879
Grupo Famsa SAB de CV, 7.25%, 6/1/20 (144A) 525,000 $470,579
GS Mortgage Securities Corp II Series 2005-GG4, Floating Rate Note, 7/10/39 890,000 $877,324
GS Mortgage Securities Corp Trust 2014-NEW, 3.79%, 1/10/31 (144A) 1,000,000 $966,439
GS Mortgage Securities Trust 2006-GG6, Floating Rate Note, 4/10/38 1,000,000 $1,006,143
GS Mortgage Securities Trust 2006-GG6, Floating Rate Note, 4/10/38 700,000 $714,328
GS Mortgage Securities Trust 2014-GSFL, Floating Rate Note, 7/15/31 (144A) 705,000 $699,416
Guanay Finance, Ltd., 6.0%, 12/15/20 (144A) 540,000 $558,828
Gulfport Energy Corp., 7.75%, 11/1/20 1,190,000 $1,261,896
Halcon Resources Corp. 147,306 $170,875
Halcon Resources Corp., 8.875%, 5/15/21 335,000 $224,061
Halyard Health Inc 1st Lien Tl-B L + 3.25% 03oct21 434,647 $438,722
Harland Clarke Holdings Corp., Tranche B-4 Term Loan, 8/17/19 0 $0
Hawaiian Airlines 2013-1 Class A Pass Through Certificates, 3.9%, 1/15/26 105,000 $103,437
HCA, Inc., 5.375%, 2/1/25 1,000,000 $1,040,935
Henniges Automotive Holdings Inc 1st Lien Tl-B L + 5% 11jun21 1,707,750 $1,712,019
Hexion, Inc., 8.875%, 2/1/18 700,000 $657,635
Hilton USA Trust 2013-HLF, Floating Rate Note, 11/5/30 (144A) 1,900,000 $1,876,351
Hilton Worldwide Finance LLC, Initial Term Loan, 9/23/20 321,579 $321,936
HJ Heinz Co., Term B-2 Loan, 6/5/20 262,050 $262,410
HLSS Servicer Advance Receivables Trust, 4.4584%, 1/15/48 (144A) 400,000 $404,089
Homeowner Assistance Program Reverse Mortgage Loan Trust 2013-RM1, 4.0%, 5/26/53 (144A) 250,000 $161,861
Houghton Mifflin Harcourt Publishe 1st Lien Tl-B L + 3% 11may21 125,000 $124,609
HSBC Bank USA NA New York NY, 6.0%, 8/9/17 250,000 $277,778
Iap Worldwide Services Inc 4 $2,876
Iap Worldwide Services Inc 1st Lien Tl L + 6.5% 18jul19 28,547 $27,976
Ibis Re II, Ltd., Floating Rate Note, 6/28/16 (144A) 250,000 $249,631
Icon Brand Holdings LLC, 4.352%, 1/25/43 (144A) 250,000 $218,580
Igloo Holdings Corp., 8.25%, 12/15/17 (144A) (PIK) 200,000 $203,233
Immucor, Inc., 11.125%, 8/15/19 100,000 $110,203
Immucor, Inc., Term B-2 Loan, 8/19/18 439,239 $441,435
INEOS Group Holdings SA, 5.875%, 2/15/19 (144A) 600,000 $616,317
Infor US, Inc., Tranche B-5 Term Loan, 6/3/20 214,441 $211,895
Inkia Energy, Ltd., 8.375%, 4/4/21 (144A) 100,000 $109,504
Instituto Costarricense de Electricidad, 6.375%, 5/15/43 (144A) 1,000,000 $846,896
Intelsat Jackson Holdings SA, 7.25%, 4/1/19 250,000 $258,281
Intelsat Jackson Holdings SA, Tranche B-2 Term Loan, 6/30/19 289,851 $288,161
Interactive Data 1st Lien Tl-B L + 3.75% 24apr21 39,110 $39,273
InterGen NV, 7.0%, 6/30/23 (144A) 850,000 $786,415
International Automotive Components Group SA, 9.125%, 6/1/18 (144A) 400,000 $411,042
International Equipment Solutions LLC, Initial Loan, 8/16/19 0 $0
Intesa Sanpaolo S.p.A., 6.5%, 2/24/21 (144A) 525,000 $610,953
Intrepid Aviation Group Holdings LLC, 6.875%, 2/15/19 (144A) 1,350,000 $1,290,563
inVentiv Health, Inc., Term B-3 Loan, 5/15/18 132,691 $132,857
Iron Mountain, Inc., 5.75%, 8/15/24 500,000 $511,174
Israel Electric Corp, Ltd., 5.625%, 6/21/18 (144A) 900,000 $958,214
j2 Global, Inc., 8.0%, 8/1/20 705,000 $784,900
Jack Cooper Holdings Corp., 9.25%, 6/1/20 (144A) 1,000,000 $933,542
James River Coal Co., 7.875%, 4/1/19 250,000 $34,766
JBS Investments GmbH, 7.25%, 4/3/24 (144A) 500,000 $526,361
JinkoSolar Holding Co, Ltd., 4.0%, 2/1/19 (144A) 1,455,000 $1,408,319
JLL, Initial Dollar Term Loan, 1/23/21 445,500 $443,432
JMC Steel Group, Inc., Term Loan, 4/1/17 389,976 $387,539
JPMorgan Chase & Co., 1.0%, 9/20/17 250,000 $25,970
JPMorgan Chase & Co., Floating Rate Note, 8/29/49 2,360,000 $2,587,870
JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16, 5.623%, 5/12/45 1,400,000 $1,419,759
JP Morgan Chase Commercial Mortgage Securities Trust 2006-LDP7 REMICS, Floating Rate Note, 4/15/45 1,400,000 $1,405,366
JP Morgan Chase Commercial Mortgage Securities Trust 2007-LDP12, Floating Rate Note, 2/15/51 1,725,000 $1,769,360
JP Morgan Chase Commercial Mortgage Securities Trust 2014-CBM MZ, Floating Rate Note, 10/15/19 (144A 1,850,000 $1,860,425
JP Morgan Chase Commercial Mortgage Securities Trust 2014-FBLU REMICS, Floating Rate Note, 12/15/28 1,100,000 $1,101,276
JP Morgan Chase Commercial Mortgage Securities Trust 2014-INN, Floating Rate Note, 6/15/29 (144A) 1,530,000 $1,526,710
Kane Flt% 31jul15 1,100,000 $1,100,000
Kane Ilw Zero% 02feb16 1,050,000 $1,004,325
Kane-Pi4 Flt% 07jul16 1,503,871 $1,506,277
Kane Sac, Ltd., 0.0%, 1/7/16 (Cat Bond) 294,350 $297,912
Kane Sac, Ltd., 0.0%, 1/7/16 (Cat Bond) 1,050,525 $1,059,875
Kane Sac, Ltd., 0.0%, 1/7/16 (Cat Bond) 533,600 $537,869
Kane Sac, Ltd., 0.0%, 1/7/16 (Cat Bond) 550,600 $553,738
Kane Sac Zero% 15jun16 400,000 $383,920
Kane Zero% 19feb16 1,500,000 $1,594,950
Kane Zero% 22jan16 500,000 $511,100
Kane Zero% 22jan16 1,200,000 $1,224,480
Kane Zero% 29apr16 2,100,000 $2,206,680
KB Home, 1.375%, 2/1/19 700,000 $685,198
KB Home, 7.0%, 12/15/21 500,000 $517,806
KB Home, 8.0%, 3/15/20 200,000 $224,711
Kenya Government International Bond, 5.875%, 6/24/19 (144A) 405,000 $413,968
Key Energy Services, Inc., 6.75%, 3/1/21 355,000 $217,438
Kilimanjaro Re, Ltd., Floating Rate Note, 4/30/18 (Cat Bond) (144A) 650,000 $633,625
Kilimanjaro Re, Ltd., Floating Rate Note, 4/30/18 (Cat Bond) (144A) 350,000 $339,421
Kindred Healthcare, Inc., 6.375%, 4/15/22 400,000 $404,883
Kindred Healthcare 1st Lien Tl-B L + 3% 10apr21 488,819 $490,190
Kinetic Concepts, Inc., Dollar Term E-1 Loan, 5/4/18 389,216 $391,223
KKR Group Finance Co II LLC, 5.5%, 2/1/43 (144A) 1,500,000 $1,552,653
Kloeckner Pentaplast Of America 1st Lien Tl L + 4% 22apr20 41,673 $41,855
Kloeckner Pentaplast Of America 1st Lien Tl L + 4% 22apr20 17,809 $17,887
La Hipotecaria Panamanian Mortgage Trust 2007-1, Floating Rate Note, 12/23/36 (144A) 1,800,000 $790,331
Landry's, Inc., B Term Loan, 4/24/18 416,747 $418,674
Lantheus Medical Imaging, Inc., 9.75%, 5/15/17 600,000 $623,675
Laureate Education, Inc., New Series 2018 Extended Term Loan, 6/16/18 539,344 $505,635
Leaf Receivables Funding 10 LLC, 5.21%, 7/15/21 (144A) 750,000 $742,620
Leaf Receivables Funding 8 LLC, 5.5%, 9/15/20 (144A) 358,317 $362,956
Legacy Reserves LP, 6.625%, 12/1/21 650,000 $530,089
Legg Mason, Inc., 3.95%, 7/15/24 1,250,000 $1,286,856
Legg Mason, Inc., 5.625%, 1/15/44 500,000 $546,439
Lennar Corp., 4.5%, 6/15/19 675,000 $689,850
Level 3 Financing Inc 1st Lien Tl-B2 L + 2.75% 31may22 1,400,000 $1,391,688
Liberty Tire Recycling Llc 3,071 $31
Liberty Tire Recycling LLC, 11.0%, 3/31/21 (144A) (PIK) 79,000 $78,408
Live Nation Entertainment, Inc., Term B-1 Loan, 8/17/20 420,510 $421,120
Livingston International, Inc., Initial Term B-1 Loan (First Lien), 4/18/19 710,500 $704,283
LORENZO RE, Ltd., 0.0%, 12/31/49 (Cat Bond) (Perpetual) 2,500 $6,250
MacDermid, Inc., Tranche B Term Loan (First Lien), 6/7/20 1,428,443 $1,433,651
Macquarie Bank, Ltd., 6.625%, 4/7/21 (144A) 500,000 $580,438
Magnesita Finance, Ltd., 8.625% (Perpetual) (144A) 450,000 $373,727
Marfrig Holding Europe BV, 6.875%, 6/24/19 (144A) 1,105,000 $1,053,990
Masco Corp., 4.45%, 4/1/25 1,000,000 $1,014,490
MASTR Adjustable Rate Mortgages Trust 2005-1, Floating Rate Note, 1/25/35 1,100,000 $85,678
MASTR Alternative Loan Trust 2004-6, 6.0%, 7/25/34 500,000 $94,087
MCGRAW-HILL SCHOOL EDUCATION HOLDINGS LLC, Term B Loan, 12/18/19 1,871,500 $1,882,808
McKesson Corp., 4.883%, 3/15/44 1,500,000 $1,512,201
MDC Holdings, Inc., 5.5%, 1/15/24 890,000 $896,996
MedAssets, Inc., 8.0%, 11/15/18 175,000 $183,008
MedAssets, Inc., Term B Loan, 12/13/19 321,614 $321,811
MediArena Acquisition BV, Dollar Term B Loan (First Lien), 8/6/21 997,487 $988,759
Memorial Production Partners LP, 7.625%, 5/1/21 770,000 $743,210
Memp 6.875% 01aug22 1,090,000 $1,017,129
Merna Re V, Ltd., Floating Rate Note, 4/7/17 (Cat Bond) (144A) 500,000 $500,206
Merrill Lynch Mortgage Investors Trust Series 2006-AF1, 5.75%, 8/25/36 1,200,000 $178,562
Metalloinvest Finance, Ltd., 5.625%, 4/17/20 (144A) 400,000 $370,577
MGM Resorts International, Term B Loan, 12/20/19 263,250 $261,879
MHP SA, 8.25%, 4/2/20 (144A) 500,000 $410,198
Micro Focus Us Inc 1st Lien Tl-B L + 4.25% 07oct21 1,183,824 $1,187,628
Microsemi Corp., Term Loan (2014), 3/14/21 155,398 $155,631
Mid-State Capital Trust 2010-1, 7.0%, 12/15/45 (144A) 25,000 $18,958
Minerva Luxembourg SA, 7.75%, 1/31/23 (144A) 400,000 $416,003
Mirabela Nickel, Ltd. 622,916 $55,260
Mirabela Nickel, Ltd., 9.5%, 6/24/19 (144A) (PIK) 122,892 $99,285
Mirror BidCo Corp., New Incremental Term Loan, 12/18/19 911,805 $911,045
Mj Acquistion (Concentra) 1st Lien Tl-B L + 3% 08may22 475,000 $474,994
ML-CFC Commercial Mortgage Trust 2006-3, Floating Rate Note, 7/12/46 1,400,000 $1,426,922
ML-CFC Commercial Mortgage Trust 2006-4, 5.239%, 12/12/49 2,000,000 $2,031,996
MMC Norilsk Nickel OJSC via MMC Finance, Ltd., 5.55%, 10/28/20 (144A) 500,000 $500,421
MMM Holdings, Inc., MMM Term Loan, 12/12/17 24,833 $20,239
Monitronics International, Inc., Term B Loan (2013), 3/23/18 249,779 $250,351
Monty Parent Issuer 1 LLC, 4.25%, 11/20/28 (144A) 1,750,000 $585,811
Morgan Stanley, 4.1%, 5/22/23 750,000 $754,733
Morgan Stanley, 4.875%, 11/1/22 250,000 $267,958
Morgan Stanley, Floating Rate Note (Perpetual) 18,000 $503,100
Morgan Stanley, Floating Rate Note (Perpetual) 66,200 $1,685,452
Morgan Stanley Capital I, Inc., Floating Rate Note, 7/15/32 (144A) 105,000 $2,969
Morgan Stanley Capital I Trust 2007-TOP25, Floating Rate Note, 11/12/49 1,800,000 $1,832,114
MortgageIT Trust 2005-1, Floating Rate Note, 2/25/35 3,432,000 $516,364
MortgageIT Trust 2005-1, Floating Rate Note, 2/25/35 2,208,000 $316,579
Mpg Holdco I Inc Us 1st Lien Tl-B L + 3.5% 13oct21 1,431,093 $1,431,685
MPL 2 Acquisition Canco, Inc., 9.875%, 8/15/18 (144A) 100,000 $109,106
MSO of Puerto Rico, Inc., MSO Term Loan, 12/12/17 18,053 $14,713
Multi Packaging Solutions, Inc., Initial Dollar Tranche B Term, 9/30/20 246,875 $246,463
Mythen Re, Ltd. Series 2012-2 Class A, Floating Rate Note, 11/10/16 (Cat Bond) (144A) 500,000 $511,513
National Mentor Holdings, Inc., Tranche B Term Loan, 1/31/21 1,150,000 $1,150,000
Nations Equipment Finance Funding I LLC, 5.5%, 5/20/21 (144A) 1,360,000 $1,366,094
Nationstar Mortgage LLC, 6.5%, 6/1/22 720,000 $661,800
Nationstar Mortgage LLC, 6.5%, 7/1/21 725,000 $698,719
Navios Maritime Partners LP, Term Loan, 6/27/18 874,860 $874,313
Navios South American Logistics, Inc., 7.25%, 5/1/22 (144A) 600,000 $581,750
Navistar, Inc., Tranche B Term Loan, 8/17/17 120,000 $120,375
Navitas Equipment Receivables LLC 2013-1, 5.82%, 6/15/19 750,000 $755,393
Navitas Equipment Receivables LLC 2015-1, 5.75%, 5/17/21 (144A) 710,500 $712,576
NBTY, Inc., Term B-2 Loan, 10/1/17 750,000 $746,250
NCF Dealer Floorplan Master Trust, Floating Rate Note, 10/20/20 (144A) 600,000 $600,720
NCI Building Systems, Inc., Tranche B Term Loan, 6/24/19 449,184 $448,809
NCR Corp., 6.375%, 12/15/23 1,160,000 $1,232,887
New Albertsons Inc 1st Lien Tl L + 3.75% 24jun21 496,749 $498,053
New World Resources NV, 4.0%, 10/7/20 (PIK) 67,741 $20,946
New World Resources NV, Floating Rate Note, 10/7/20 38,709 $16,824
New World Resources NV, Floating Rate Note, 10/7/20 29,032 $5,177
NEXEO SOLUTIONS LLC, Term B-3 Loan, 9/9/17 739,886 $730,946
Nn Inc 1st Lien Tl-B L + 5% 18jul21 1,345,000 $1,351,709
Nord Anglia Education Finance Llc 1st Lien Tl-B L + 3.5% 21mar21 997,481 $999,975
NorthStar 2013-1, Floating Rate Note, 8/27/29 (144A) 1,500,000 $1,516,297
NPC International, Inc., Term Loan, 12/28/18 559,023 $556,577
Npo 5.875% 15sep22 1,235,000 $1,277,976
NRG Energy, Inc., 6.25%, 5/1/24 500,000 $501,458
NRG Energy, Inc., 7.625%, 1/15/18 900,000 $1,018,269
NRG Energy, Inc., 8.25%, 9/1/20 200,000 $215,000
NSG Holdings LLC, New Term Loan, 12/11/19 210,560 $210,033
Oasis Petroleum, Inc., 6.875%, 3/15/22 18,000 $18,634
Offshore Group Investment, Ltd., Second Term Loan, 3/28/19 50,278 $31,078
Old HB, Inc., Term B Loan, 4/9/20 469,200 $480,930
On Assignment Inc 1st Lien Tl-B L + 3% 05jun22 274,455 $275,198
ONEOK, Inc., 6.875%, 9/30/28 1,450,000 $1,590,667
Ooredoo International Finance, Ltd., 3.875%, 1/31/28 (144A) 200,000 $193,251
Orange Lake Timeshare Trust 2012-A, 4.87%, 3/10/27 (144A) 600,000 $244,651
ORES 2014-LV3 LLC, 6.0%, 3/27/24 1,000,000 $1,000,667
Oversea-Chinese Banking Corp, Ltd., Floating Rate Note, 10/15/24 (144A) 425,000 $438,783
Oxford Finance LLC, 7.25%, 1/15/18 (144A) 700,000 $744,401
Ozburn-Hessey Holding Co LLC, Term Loan, 5/23/19 171,938 $171,723
Pacific Drilling SA, Term Loan, 6/3/18 205,403 $167,061
Pangaea Zero% 01jul18 2,000,000 $36,000
Paragon Offshore Finance Co Tl-B L + 2.75% 11jul21 287,825 $222,105
PDL BioPharma, Inc., 4.0%, 2/1/18 593,000 $572,121
Pelican Products, Inc., Term Loan (First Lien), 4/8/20 204,579 $204,579
Penn Virginia Corp., 6.0% (Perpetual) (144A) 14,300 $817,781
Penn Virginia Corp., 7.25%, 4/15/19 600,000 $525,183
Penn Virginia Corp., 8.5%, 5/1/20 430,000 $392,017
Penn Virginia Resource Partners LP, 6.5%, 5/15/21 425,000 $452,967
PetSmart, Inc., Tranche B-1 Loan, 3/10/22 500,000 $500,085
Pilot Travel Centers Llc 1st Lien Tl-B L + 3.25% 01oct21 1,080,649 $1,094,639
Pinnacle Foods Finance LLC, New Term Loan G, 4/29/20 172,960 $172,433
Pittsburgh Glass Works LLC, 8.0%, 11/15/18 (144A) 481,000 $511,169
Polarpak, Inc., USD Term Loan (U.S. Borrower Portion), 6/7/20 232,502 $231,921
Post Holdings, Inc., 2.5% (Perpetual) (144A) 800 $84,250
Post Holdings, Inc., 7.375%, 2/15/22 550,000 $574,949
PPL Capital Funding, Inc., 5.9%, 4/30/73 25,000 $619,250
PQ Corp., 2014 Term Loan, 8/7/17 682,500 $682,671
Prestige Brands, Inc., Term B-3 Loan, 9/3/21 916,006 $916,006
Progreso Receivables Funding II LLC, 6.0%, 7/8/19 (144A) 500,000 $508,792
Progreso Receivables Funding I LLC, 4.0%, 7/9/18 (144A) 1,250,000 $1,254,757
Progressive Waste Solutions, Ltd., Term B Loan, 10/24/19 442,085 $443,879
Pro Mach Group, Inc., Dollar Term Loan (First Lien), 10/20/21 329,489 $331,274
Protection One, Inc., Term Loan (2012), 3/21/19 493,643 $494,976
Protection One (Aka Apollo Securit 1st Lien Tl-B L + 4% 19jun21 312,263 $313,434
Provident Funding Associates LP, 6.75%, 6/15/21 (144A) 1,000,000 $958,000
Prudential Financial, Inc., Floating Rate Note, 9/15/42 1,500,000 $1,611,148
Quebecor Media, Inc., 5.75%, 1/15/23 825,000 $825,046
Quebecor Media, Inc., Facility B-1 Tranche, 8/17/20 234,306 $231,157
QVC, Inc., 4.45%, 2/15/25 1,500,000 $1,472,633
Qwest Corp., 7.375%, 6/1/51 4,400 $114,356
Radio Systems Corp., 8.375%, 11/1/19 (144A) 600,000 $644,375
RASC Series 2003-KS5 Trust, 4.96%, 7/25/33 (Step) 400,000 $243,696
RCMC LLC, 5.62346%, 12/17/18 (144A) 250,000 $104,476
RegionalCare Hospital Partners, Inc., Term Loan (First Lien), 4/21/19 344,030 $344,245
Reliance Steel & Aluminum Co., 4.5%, 4/15/23 1,940,000 $1,926,899
Remy International, Inc., Term B Loan 2013, 3/5/20 375,000 $375,469
Rent-A-Center, Inc., 6.625%, 11/15/20 930,000 $916,948
Residential Reinsurance 2012, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 800,000 $810,140
Residential Reinsurance 2012, Ltd., Floating Rate Note, 6/6/16 (Cat Bond) (144A) 500,000 $519,494
RESI Finance LP 2003-D, Floating Rate Note, 12/10/35 (144A) 6,760,000 $1,069,474
Resolute Forest Products, Inc., 5.875%, 5/15/23 1,110,000 $1,018,433
Restaurant Brands 1st Lien Tl-B L + 2.75% 12dec21 277,027 $277,200
Reynolds Group Issuer, Inc., 8.25%, 2/15/21 425,000 $454,183
Reynolds Group Issuer, Inc., 9.875%, 8/15/19 330,000 $358,811
Rialto Capital Management LLC, 2.85%, 5/15/24 (144A) 1,000,000 $202,315
Rosetta Resources, Inc., 5.625%, 5/1/21 515,000 $552,016
Rosetta Resources, Inc., 5.875%, 6/1/22 665,000 $713,143
Rovi Solutions Corp 1st Lien Tl-B L + 3% 02jul21 202,232 $201,063
RSP Permian, Inc., 6.625%, 10/1/22 (144A) 1,075,000 $1,116,992
Rural, Term Loan, 6/30/18 86,695 $81,168
Sabine Pass Liquefaction LLC, 5.625%, 2/1/21 1,000,000 $1,043,438
Safway Group Holding LLC, 7.0%, 5/15/18 (144A) 865,000 $892,018
Sanders Re, Ltd., Floating Rate Note, 5/5/17 (Cat Bond) (144A) 1,000,000 $983,047
Sanders Re, Ltd., Floating Rate Note, 6/7/17 (Cat Bond) (144A) 500,000 $496,071
SandRidge Energy, Inc. 14,179 $12,435
Scds: (Do) Usd 20dec19 Buy Bnr1c7tr9 2,000,000 $-150,332
Schaeffler (Aka Ina Beteiligungsge 1st Lien Tl-B L + 3.5% 15may20 420,192 $423,125
Scientific Games International, Inc., 10.0%, 12/1/22 800,000 $772,667
Scientific Games International Inc 1st Lien Tl-B2 L + 5% 17sep21 1,616,875 $1,617,701
Seadrill Operating LP, Initial Term Loan, 2/14/21 837,250 $636,011
Seagate HDD Cayman, 4.75%, 1/1/25 (144A) 1,100,000 $1,119,362
Seagate HDD Cayman, 4.75%, 6/1/23 885,000 $902,369
Sealy Corp., 8.0%, 7/15/16 (PIK) 13,100 $1,112,452
Sector Re V, Ltd., 0.0%, 12/1/18 (Cat Bond) (144A) 1,433 $10,324
Sector Re V, Ltd., 0.0%, 12/1/19 (Cat Bond) (144A) 500,000 $527,150
Sector Re V, Ltd., 0.0%, 3/30/19 (Cat Bond) (144A) 1,205 $165,089
Security National Mortgage Loan Trust 2007-1, Floating Rate Note, 4/25/37 (144A) 250,000 $203,271
Securus Technologies Holdings, Inc., Initial Term Loan (First Lien), 4/30/20 491,744 $478,835
Select Medical Corp., Series E Tranche B Term Loan, 6/1/18 20,527 $20,533
Seminole Hard Rock Entertainment, Inc., New Term Loan B, 5/14/20 294,000 $293,571
Sensus USA, Inc., Term Loan (First Lien), 5/9/17 242,434 $241,374
Serena Software Inc 1st Lien Term L + 6.5% 10apr20 271,023 $272,604
Shearers Foods Llc 1st Lien Tl L + 3.5% 19jun21 942,875 $941,696
Ship Midco, Ltd., Facility B2A-II, 11/29/19 78,745 $79,287
Sierra Timeshare 2011-3 Receivables Funding LLC, 9.31%, 7/20/28 (144A) 750,000 $166,578
Silver Bay Realty 2014-1 Trust, Floating Rate Note, 9/18/31 (144A) 1,200,000 $1,169,513
Silverton RE, Ltd., 0.0%, 9/16/16 (Cat Bond) (144A) 400,000 $15,600
Silverton RE, Ltd., 0.0%, 9/18/17 (Cat Bond) (144A) 800,000 $888,320
Sirius XM Radio, Inc., 4.625%, 5/15/23 (144A) 830,000 $784,068
Six Flags Theme Parks, Inc., Tranche B Term Loan, 12/20/18 245,603 $246,179
SNAAC Auto Receivables Trust 2013-1, 4.56%, 4/15/20 (144A) 450,000 $462,820
Sotheby's, 5.25%, 10/1/22 (144A) 1,135,000 $1,127,197
Southern California Edison Co., Floating Rate Note (Perpetual) 75,000 $84,753
Southern States Cooperative, Inc., 10.0%, 8/15/21 (144A) 800,000 $778,222
Springleaf Funding Trust 2013-A, 5.0%, 9/15/21 (144A) 500,000 $502,312
Springleaf Mortgage Loan Trust 2012-3, Floating Rate Note, 12/26/59 (144A) 200,000 $206,355
Springleaf Mortgage Loan Trust 2013-1, Floating Rate Note, 6/25/58 (144A) 250,000 $258,873
Springs Industries, Inc., 6.25%, 6/1/21 400,000 $393,083
Sprint Corp., 7.125%, 6/15/24 1,225,000 $1,140,189
Sprint Corp., 7.25%, 9/15/21 1,000,000 $996,347
SRAM LLC, Term Loan (First Lien), 4/10/20 641,868 $641,868
Stackpole International Intermediate, 7.75%, 10/15/21 (144A) 950,000 $951,293
Standard Pacific Corp., 6.25%, 12/15/21 1,000,000 $1,062,778
Steel Dynamics, Inc., 5.125%, 10/1/21 930,000 $943,776
Steward Health Care System LLC, Term Loan, 4/10/20 491,250 $487,873
STORE Master Funding LLC, 4.16%, 3/20/43 (144A) 200,000 $197,722
Structured Asset Mortgage Investments Trust 2003-AR1, Floating Rate Note, 10/19/33 3,319,800 $110,016
SUAM Finance BV, 4.875%, 4/17/24 (144A) 500,000 $508,760
Summit Midstream Holdings LLC, 7.5%, 7/1/21 1,030,000 $1,117,550
Sunoco Logistics Partners Operations LP, 3.45%, 1/15/23 1,500,000 $1,443,409
Swift Energy Co., 7.875%, 3/1/22 1,285,000 $541,306
Swift Transportation Co LLC, Tranche B Loan, 6/9/21 167,857 $168,522
Syncreon Group BV, Term Loan, 9/26/20 692,965 $590,175
Syniverse Holdings, Inc., Initial Term Loan, 4/23/19 239,957 $227,359
Syniverse Holdings, Inc., Tranche B Term Loan, 4/23/19 484,761 $459,311
Talen Energy Supply LLC, 5.125%, 7/15/19 (144A) 1,880,000 $1,886,828
Talen Energy Supply LLC, 6.5%, 6/1/25 (144A) 500,000 $503,792
Tank Holding Corp., Initial Term Loan, 7/9/19 640,845 $643,383
Targa Resources Partners LP, 4.25%, 11/15/23 555,000 $516,389
Targus Group International, Inc., Term Loan, 5/24/16 454 $375
Tarjeta Naranja SA, 9.0%, 1/28/17 (144A) 100,000 $71,300
Tasc Inc 1st Lien Tl-B L + 6% 23may20 822,932 $832,876
Tata Chemicals North America, Inc., Term Loan, 8/7/20 237,875 $237,797
Taylor Morrison Communities, Inc., 5.875%, 4/15/23 1,000,000 $999,740
Telesat Canada, U.S. Term B-2 Loan, 3/28/19 601,505 $600,753
Tempur Sealy International, Inc., New Term B Loan, 3/18/20 99,791 $100,040
Tenet Healthcare Corp., 4.375%, 10/1/21 1,480,000 $1,479,075
Tenet Healthcare Corp., 4.5%, 4/1/21 265,000 $265,331
Terex Corp., U.S. Term Loan, 8/13/21 110,224 $110,403
The Goldman Sachs Group, Inc., 6.45%, 5/1/36 300,000 $341,748
The Goldman Sachs Group, Inc., 6.75%, 10/1/37 225,000 $267,710
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 625,000 $709,648
The Ryland Group, Inc., 0.25%, 6/1/19 1,000,000 $965,208
The Ryland Group, Inc., 5.375%, 10/1/22 95,000 $97,227
The Williams Companies, Inc., 5.75%, 6/24/44 2,000,000 $1,858,182
Tiers Trust, Floating Rate Note, 10/15/97 (144A) 100,000 $87,931
TIG FINCO Plc, 8.75%, 4/2/20 202,103 $321,454
TIG FINCO Plc, Floating Rate Note, 3/2/20 (144A) 35,665 $60,056
TI Group Automotive Systems LLC, Term Loan Facility, 7/1/21 126,457 $126,299
TimberStar Trust I, 7.5296%, 10/15/36 (144A) 180,000 $185,719
Time Warner, Inc., 4.85%, 7/15/45 1,500,000 $1,460,636
T-Mobile USA, Inc., 6.0%, 3/1/23 400,000 $417,500
T-Mobile USA, Inc., 6.542%, 4/28/20 490,000 $526,649
T-Mobile USA, Inc., 6.625%, 4/1/23 1,500,000 $1,582,969
TMS International Corp., Term B Loan, 10/2/20 575,000 $572,844
TMX Finance LLC, 8.5%, 9/15/18 (144A) 1,035,000 $874,604
Top Co 34,794 $8,758
Tower Automotive Holdings USA LLC, Refinancing Term Loan, 4/23/20 869,469 $869,831
Transfield Services, Ltd., 8.375%, 5/15/20 (144A) 805,000 $865,940
Transnet SOC, Ltd., 4.0%, 7/26/22 (144A) 325,000 $317,727
Transportadora de Gas del Peru SA, 4.25%, 4/30/28 (144A) 300,000 $296,910
Trans Union Llc 1st Lien Tl-B2 L + 3% 09apr21 350,000 $347,594
Tribune Media Co., Initial Term Loan, 11/20/20 341,915 $342,271
Truven Health Analytics, Inc., New Tranche B Term Loan, 6/6/19 987,374 $986,449
TurboCombustor Technology, Inc., Initial Term Loan, 10/18/20 541,750 $537,687
Turkiye Sise ve Cam Fabrikalari AS, 4.25%, 5/9/20 (144A) 400,000 $393,840
U.S. Treasury Inflation Indexed Bonds, 0.125%, 7/15/24 16,600,000 $16,143,381
UBS AG, 7.625%, 8/17/22 1,050,000 $1,260,400
Unifrax I LLC, New Term B Dollar Loan, 11/28/18 260,046 $259,965
Unison Ground Lease Funding LLC, 5.78%, 3/16/43 (144A) 300,000 $302,232
United Airlines, Inc., Class B Term Loan, 4/1/19 245,000 $245,051
United Auto Credit Securitization Trust 2013-1, 4.4%, 4/15/19 (144A) 150,000 $151,579
Univar, Inc., Term B Loan, 6/30/17 264,442 $264,421
Univar Inc 1st Lien Tl-B L + 3.25% 25jun22 260,000 $259,756
US Airways, Inc., Tranche B-1 Term Loan (Consenting), 5/23/19 606,375 $605,834
US Airways, Inc., Tranche B-2 Term Loan (Consenting), 11/23/16 520,625 $520,137
US Airways 2013-1 Class A Pass Through Trust, 3.95%, 5/15/27 400,000 $378,587
US Airways 2013-1 Class B Pass Through Trust, 5.375%, 11/15/21 200,000 $199,544
US Bancorp, Floating Rate Note (Perpetual) 6,690 $178,155
US Renal Care, Inc., Tranche B-2 Term Loan (First Lien), 7/3/19 740,111 $740,343
Valeant Pharmaceuticals International, Inc., Series C-2 Tranche B Term Loan, 12/11/19 298,478 $298,250
Valeant Pharmaceuticals International, Inc., Series E1 Tranche B Term Loan, 8/5/20 728,520 $726,972
Vantiv LLC, Term B Loan, 6/12/21 326,150 $327,679
Vencore 1st Lien Tl L + 4.75% 19nov19 212,271 $213,300
Verint Systems, Inc., Tranche B Incremental Term Loan, 9/6/19 368,872 $369,933
VeriSign, Inc., 4.625%, 5/1/23 305,000 $295,532
Verizon Communications, Inc., 4.15%, 3/15/24 2,500,000 $2,596,579
Verizon Communications, Inc., 5.012%, 8/21/54 576,000 $538,955
Verizon Communications, Inc., 6.55%, 9/15/43 576,000 $684,887
Vers 2015-A Zero% 31dec17 2,000,000 $2,095,600
Vertafore, Inc., Term Loan (2013), 10/3/19 94,584 $94,726
VimpelCom Holdings BV, 7.5043%, 3/1/22 (144A) 200,000 $200,503
Virgin Media 1st Lien Tl-F L + 2.75% 30jun23 531,924 $527,436
Virgin Media Secured Finance Plc, 5.25%, 1/15/26 (144A) 1,000,000 $979,521
Virgin Media Secured Finance Plc, 5.375%, 4/15/21 (144A) 500,000 $468,606
Vita Capital V, Ltd., Floating Rate Note, 1/15/17 (Cat Bond) (144A) 250,000 $254,700
Vitality Re V, Ltd., Floating Rate Note, 1/7/19 (Cat Bond) (144A) 250,000 $254,430
Volt Flt% 26jun45 15-Npl8 1,000,000 $981,560
Voya Financial, Inc., Floating Rate Note, 5/15/53 615,000 $632,509
VTB Bank OJSC Via VTB Capital SA, 6.95%, 10/17/22 (144A) 300,000 $273,980
Wachovia Bank Commercial Mortgage Trust Series 2005-C22, Floating Rate Note, 12/15/44 1,600,000 $1,615,819
Wachovia Bank Commercial Mortgage Trust Series 2006-C24, Floating Rate Note, 3/15/45 304,000 $308,276
Wachovia Bank Commercial Mortgage Trust Series 2006-C28, Floating Rate Note, 10/15/48 1,500,000 $1,534,688
Wachovia Bank Commercial Mortgage Trust Series 2007-C34, Floating Rate Note, 5/15/46 1,813,000 $1,900,602
Wastequip LLC, Term Loan, 8/9/19 481,567 $480,965
Wausau Paper 1st Lien Tl-B L + 5.5% 20jul20 1,086,388 $1,091,128
WCA Waste Corp., Term Loan, 3/23/18 688,897 $686,099
WCP ISSUER LLC, 6.657%, 8/15/43 (144A) 400,000 $424,487
Weatherford International, Ltd. Bermuda, 5.95%, 4/15/42 2,000,000 $1,715,718
WellCare Health Plans, Inc., 5.75%, 11/15/20 1,815,000 $1,900,935
Wells Fargo & Co., 7.5% (Perpetual) 1,050 $1,233,750
Wells Fargo & Co., Floating Rate Note (Perpetual) 1,150,000 $1,180,373
Wells Fargo Commercial Mortgage Trust 2014-TISH, Floating Rate Note, 1/15/27 (144A) 1,500,000 $1,488,914
WESCO Distribution, Inc., Tranche B-1 Loan, 12/12/19 165,030 $165,236
West Corp., Term B-10 Loan, 6/30/18 366,334 $365,800
Westgate Resorts 2012-2 LLC, 9.0%, 1/21/25 (144A) 1,000,000 $199,979
Westgate Resorts 2014-1 LLC, 5.5%, 12/20/26 (144A) 800,000 $627,624
WFRBS Commercial Mortgage Trust 2011-C4, Floating Rate Note, 6/17/44 (144A) 50,000 $53,166
WFRBS Commercial Mortgage Trust 2013-C12, Floating Rate Note, 3/17/48 (144A) 200,000 $189,332
Wheelabrator 1st Lien Tl-B L + 4% 15oct21 1,906,130 $1,929,942
Wheelabrator 1st Lien Tl-C L + 4% 15oct21 84,291 $85,344
Windstream Services LLC, 7.5%, 6/1/22 1,305,000 $1,154,925
WireCo WorldGroup, Inc., Term Loan, 2/15/17 45,976 $46,062
World Kitchen LLC, U.S. Term Loan, 3/4/19 185,078 $185,541
WR Grace & Co-Conn, Delayed Draw Term Loan, 1/23/21 171,918 $171,964
WR Grace & Co-Conn, U.S. Term Loan, 1/23/21 477,744 $477,872
Xerium Technologies, Inc., 8.875%, 6/15/18 798,000 $829,078
Zero% 30nov19 2,000,000 $2,009,800
Zero% 31aug16 500,000 $503,550
ZIGGO BV, (USD) TLB3, 1/15/22 587,872 $582,031
Ziggo Bv Us 1st Lien Tl-B1 L + 2.75% 15jan22 554,681 $549,169
Ziggo Bv Us 1st Lien Tl-B2 L + 2.75% 15jan22 357,447 $353,895

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