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Pioneer Funds - Global High Yield<br />

Schedule of Investm<strong>en</strong>ts <strong>as</strong> at 31 December 2012 (expressed in EUR) (continued)<br />

Holding Curr<strong>en</strong>cy<br />

10,750,000 USD<br />

8,000,000 USD<br />

Description of Securities<br />

VTB <strong>Bank</strong> OJSC Via VTB Capital SA - 144A - 6% 12/Apr/2017<br />

VTB <strong>Bank</strong> OJSC Via VTB Capital SA 6.95% 17/Oct/2022<br />

Market Value<br />

8,834,667<br />

6,553,398<br />

Net Assets %<br />

0.34%<br />

0.25%<br />

3,000,000<br />

4,950,000<br />

750,000<br />

700,000<br />

250,000<br />

1,050,000<br />

5,370,000<br />

250,000<br />

600,000<br />

9,650,000<br />

900,000<br />

1,450,000<br />

6,810,000<br />

12,525,000<br />

1,000,000<br />

10,600,000<br />

250,000<br />

1,350,000<br />

1,000,000<br />

1,590,000<br />

4,450,000<br />

2,400,000<br />

800,000<br />

4,200,000<br />

500,000<br />

2,475,000<br />

5,000,000<br />

13,550,000<br />

9,750,000<br />

14,300,000<br />

3,050,000<br />

3,300,000<br />

1,050,000<br />

5,555,000<br />

6,400,000<br />

1,100,000<br />

3,700,000<br />

1,000,000<br />

400,000<br />

1,500,000<br />

750,000<br />

250,000<br />

2,700,000<br />

250,000<br />

1,100,000<br />

250,000<br />

1,100,000<br />

950,000<br />

400,000<br />

3,500,000<br />

USD<br />

USD<br />

USD<br />

USD<br />

EUR<br />

EUR<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

Financial Services<br />

Airc<strong>as</strong>tle Ltd 7.625% 15/Apr/2020<br />

Alterra Finance LLC 6.25% 30/Sep/2020<br />

Apollo Investm<strong>en</strong>t Corp 5.75% CV 15/Jan/2016<br />

Atl<strong>as</strong> Reinsurance VII Ltd Libor 3M 07/Jan/2016<br />

Atl<strong>as</strong> VI Capital Ltd Euribor 3M 06/Apr/2013<br />

Atl<strong>as</strong> VI Capital Ltd Euribor 3M 07/Apr/2014<br />

Ausdrill Finance Pty Ltd 6.875% 01/Nov/2019<br />

Blue Danube Ltd Floating 10/Apr/2015<br />

Caelus Re II Ltd Floating 24/May/2013<br />

Cantor Fitzgerald LP 7.875% 15/Oct/2019<br />

Combine Re Ltd - CLASS B - Floating 07/Jan/2015<br />

Combine Re Ltd Floating 07/Jan/2015<br />

DFC Global Corp - 144A - 3.25% CV 15/Apr/2017<br />

Dubai Electricity & Water Authority - 144A - 7.375% 21/Oct/2020<br />

Embarcadero Reinsurance Ltd Floating 13/Feb/2015<br />

G<strong>en</strong>eral Electric Capital Corp - A - Floating Perpetual<br />

GlobeCat Ltd - USW - Libor 3M 02/Jan/2013<br />

Ibis Re II Ltd Floating 05/Feb/2015<br />

Ibis Re Ltd Floating 03/May/2013<br />

Interactive Data Corp 10.25% 01/Aug/2018<br />

Intercorp Retail Trust 8.875% 14/Nov/2018<br />

Kibou Ltd Floating 16/Feb/2015<br />

Lakeside Re II Ltd Floating 08/Jan/2013<br />

Lodestone Re Ltd - A-2 - Floating 08/Jan/2014<br />

Lodestone Re Ltd - CLA - Floating 17/May/2013<br />

Macquarie Group Ltd 6.25% 14/Jan/2021<br />

Magnesita Finance Ltd - 144A - 8.625% Perpetual<br />

Marfrig Holding Europe BV - 144A - 8.375% 09/May/2018<br />

Merrill Lynch & Co Inc 7.75% 14/May/2038<br />

Metalloinvest Finance Ltd 6.5% 21/Jul/2016<br />

Mystic Re Ltd Floating 12/Mar/2015<br />

Myth<strong>en</strong> Ltd - 12-H - Floating 07/May/2015<br />

Myth<strong>en</strong> Re Ltd Series 2012-2 Cl<strong>as</strong>s A Floating 10/Nov/2016<br />

National Money Mart Co 10.375% 15/Dec/2016<br />

Neuberger Berman Group LLC / Neuberger Berman Finance Corp 5.875% 15/Mar/2022<br />

Pelican Re Ltd Floating 13/Apr/2015<br />

Que<strong>en</strong> Street II Capital Ltd Floating 09/Apr/2014<br />

Que<strong>en</strong> Street V Re Ltd Floating 09/Apr/2015<br />

Que<strong>en</strong> Street VI Re Ltd Floating 09/Apr/2015<br />

Resid<strong>en</strong>tial Reinsurance 2010 Ltd - CL2 - Floating 06/Jun/2013<br />

Resid<strong>en</strong>tial Reinsurance 2010 Ltd - 144A - Floating 06/Jun/2013<br />

Resid<strong>en</strong>tial Reinsurance 2010 Ltd - 144A - Floating 06/Jun/2013<br />

Resid<strong>en</strong>tial Reinsurance 2011 Ltd - 1 - Floating 06/Jun/2015<br />

Resid<strong>en</strong>tial Reinsurance 2011 Ltd - 144A - Floating 06/Dec/2015<br />

Springleaf Finance Corp 6.9% 15/Dec/2017<br />

Successor X Ltd - II CL 144A - Floating 04/Apr/2013<br />

Successor X Ltd - II CN3 144A - Floating 04/Apr/2013<br />

Successor X Ltd - 30/DEC/2010 - Floating 17/Jan/2014<br />

Successor X Ltd Floating 10/Nov/2015<br />

Successor X Ltd Floating 25/Feb/2014<br />

2,542,855<br />

4,344,954<br />

590,915<br />

530,947<br />

251,188<br />

1,077,248<br />

4,032,388<br />

194,952<br />

459,211<br />

7,602,742<br />

724,639<br />

1,181,914<br />

5,620,549<br />

11,685,187<br />

769,493<br />

9,123,542<br />

189,605<br />

1,051,001<br />

766,437<br />

1,352,236<br />

3,839,408<br />

1,860,983<br />

606,129<br />

3,201,481<br />

381,713<br />

2,084,151<br />

4,025,068<br />

8,761,662<br />

9,657,115<br />

11,402,363<br />

2,241,000<br />

2,518,302<br />

789,172<br />

4,655,852<br />

5,169,903<br />

889,495<br />

2,821,306<br />

769,190<br />

313,137<br />

1,152,704<br />

576,489<br />

195,104<br />

2,132,721<br />

190,799<br />

746,738<br />

189,700<br />

836,097<br />

723,914<br />

300,819<br />

2,695,032<br />

0.10%<br />

0.17%<br />

0.02%<br />

0.02%<br />

0.01%<br />

0.04%<br />

0.16%<br />

0.01%<br />

0.02%<br />

0.29%<br />

0.03%<br />

0.05%<br />

0.22%<br />

0.45%<br />

0.03%<br />

0.35%<br />

0.01%<br />

0.04%<br />

0.03%<br />

0.05%<br />

0.15%<br />

0.07%<br />

0.02%<br />

0.12%<br />

0.01%<br />

0.08%<br />

0.16%<br />

0.34%<br />

0.37%<br />

0.44%<br />

0.09%<br />

0.10%<br />

0.03%<br />

0.18%<br />

0.20%<br />

0.03%<br />

0.11%<br />

0.03%<br />

0.01%<br />

0.04%<br />

0.02%<br />

0.01%<br />

0.08%<br />

0.01%<br />

0.03%<br />

0.01%<br />

0.03%<br />

0.03%<br />

0.01%<br />

0.10%<br />

The accompanying notes form an integral part of these financial statem<strong>en</strong>ts.<br />

Any differ<strong>en</strong>ces in the perc<strong>en</strong>tage of net <strong>as</strong>sets are the results of roundings.<br />

316 Pioneer Funds - Annual Report

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