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Pioneer Funds - High Yield & Emerging Markets Bond Opportunities 2015
Schedule of Investments as at 31 December 2012 (expressed in EUR) (continued)
Holding Currency
Description of Securities
Market Value
Net Assets %
Supranationals, Governments and Local Public Authorities, Debt Instruments
14,910
7,600
1,001,477
12,100,000
13,143,000
52,250,000
5,200,000
6,166,325
BRL
BRL
MXN
PLN
PLN
ZAR
TRY
TRY
Governments
Brazil Notas do Tesouro Nacional Serie F 10% 01/Jan/2013
Brazil Notas do Tesouro Nacional Serie F 10% 01/Jan/2014
Mexican Bonos 8% 17/Dec/2015
Poland Government Bond 5.75% 25/Apr/2014
Poland Government Bond 6.25% 24/Oct/2015
South Africa Government Bond 13.5% 15/Sep/2015
Turkey Government Bond Floating 01/Oct/2014
Turkey Government Bond Floating 11/Feb/2015
5,513,572
2,881,390
6,347,401
3,063,329
3,488,437
5,616,618
3,175,227
3,518,389
2.10%
1.10%
2.40%
1.17%
1.33%
2.13%
1.21%
1.34%
3,000,000
EUR
Local Public Authorities
Hungarian Development Bank 5.875% 31/May/2016
2,992,500
1.14%
Total Supranationals, Governments and Local Public Authorities, Debt Instruments
Total Transferable Securities and Money Market Instruments Admitted to an Official
Exchange Listing or Dealt in on Other Regulated Markets
36,596,863
251,248,688
13.92%
95.57%
Total Securities
251,248,688
95.57%
Net Asset Value
262,900,128
100.00%
Outstanding Forward Foreign Exchange Contracts as at 31 December 2012 (expressed in EUR)
Maturity Date Currency
Amount Purchased
04-Mar-13 EUR
11,074,170
04-Mar-13 EUR
91,567,083
Total Net Unrealised Gain/(Loss) on Forward Foreign Exchange Contracts
Currency
GBP
USD
Amount Sold
8,970,000
118,110,000
Unrealised Gain/(Loss)
22,849
2,014,129
2,036,978
Outstanding Swaps as at 31 December 2012 (expressed in EUR)
Maturity Date Contract
20-Jun-16 Credit Default Swap Seller
20-Jun-16 Credit Default Swap Seller
20-Jun-13 Credit Default Swap Seller
20-Sep-16 Credit Default Swap Seller
15-Aug-14 Total Return Swap Buyer
Total Net Unrealised Gain/(Loss) on Swaps
Underlying
iTraxx Xover Series 15
iTraxx Xover Series 15
Ukreximbank
Upc Holding
Brazil
Received Rate
5.000%
5.000%
5.000%
5.000%
Libor 3M
Paid Rate Currency Nominal
Unrealised
Gain/(Loss)
- EUR 5,000,000 269,204
- EUR 25,000,000 1,346,019
- USD 4,500,000
(5,894)
- EUR 3,000,000 186,065
- USD 4,055,005 3,031,451
4,826,845
The accompanying notes form an integral part of these financial statements.
Any differences in the percentage of net assets are the results of roundings.
262 Pioneer Funds - Annual Report