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Pioneer Funds - Euro 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 />

3,000,000 EUR<br />

882,000 EUR<br />

7,212,000 EUR<br />

Description of Securities<br />

Unitymedia Hess<strong>en</strong> GmbH & Co KG / Unitymedia NRW GmbH - Regs - 7.5% 15/Mar/2019<br />

Unitymedia Hess<strong>en</strong> GmbH & Co KG / Unitymedia NRW GmbH 5.5% 15/Sep/2022<br />

Unitymedia Hess<strong>en</strong> GmbH & Co KG / Unitymedia NRW GmbH 5.75% 15/Jan/2023<br />

Market Value<br />

3,336,750<br />

910,938<br />

7,566,613<br />

Net Assets %<br />

0.43%<br />

0.12%<br />

0.96%<br />

1,000,000<br />

9,000,000<br />

7,500,000<br />

USD<br />

EUR<br />

EUR<br />

Personal Goods<br />

Albea Beauty Holdings SA 8.375% 01/Nov/2019<br />

Albea Beauty Holdings SA 8.75% 01/Nov/2019<br />

Ontex IV SA 9% 15/Apr/2019<br />

807,797<br />

9,557,640<br />

8,006,250<br />

0.10%<br />

1.22%<br />

1.02%<br />

5,000,000<br />

GBP<br />

Consumer Services<br />

Food and Drug Retailers<br />

Bakkavor Finance 2 PLC 8.25% 15/Feb/2018<br />

6,330,909<br />

0.81%<br />

3,100,000<br />

2,750,000<br />

10,500,000<br />

4,725,000<br />

EUR<br />

GBP<br />

EUR<br />

USD<br />

G<strong>en</strong>eral Retailers<br />

Algeco Scotsman Global Finance Plc 9% 15/Oct/2018<br />

Dixons Retail PLC 8.75% 15/Sep/2017<br />

Edcon Pty Ltd Euribor 3M 15/Jun/2014<br />

Nord Anglia Education UK Holdings PLC 10.25% 01/Apr/2017<br />

3,222,822<br />

3,713,398<br />

10,176,075<br />

3,996,037<br />

0.41%<br />

0.47%<br />

1.29%<br />

0.51%<br />

3,600,000<br />

2,000,000<br />

4,828,000<br />

1,400,000<br />

EUR<br />

EUR<br />

EUR<br />

EUR<br />

Media<br />

C<strong>en</strong>tral European Media Enterprises Ltd 11.625% 15/Sep/2016<br />

CET 21 spol sro 9% 01/Nov/2017<br />

EN Germany Holdings BV 10.75% 15/Nov/2015<br />

TVN Finance Corp II AB - Regs - 10.75% 15/Nov/2017<br />

3,833,784<br />

2,199,380<br />

4,659,020<br />

1,563,338<br />

0.49%<br />

0.28%<br />

0.59%<br />

0.20%<br />

3,750,000<br />

4,000,000<br />

1,500,000<br />

5,628,000<br />

800,000<br />

4,500,000<br />

EUR<br />

EUR<br />

EUR<br />

EUR<br />

EUR<br />

EUR<br />

Travel, Leisure and Catering<br />

Carlson Wagonlit BV - Regs - 7.5% 15/Jun/2019<br />

Codere Finance Luxembourg SA - Regs - 8.25% 15/Jun/2015<br />

Europcar Groupe SA - Regs - 11.5% 15/May/2017<br />

Lottomatica Group SpA - Regs - Floating 31/Mar/2066<br />

Lottomatica Group SpA 3.5% 05/Mar/2020<br />

Travelport LLC 10.875% 01/Sep/2016<br />

4,051,425<br />

3,396,680<br />

1,594,500<br />

5,936,696<br />

824,200<br />

1,918,125<br />

0.52%<br />

0.43%<br />

0.20%<br />

0.76%<br />

0.10%<br />

0.24%<br />

12,300,000<br />

7,000,000<br />

3,000,000<br />

2,000,000<br />

1,950,000<br />

2,067,000<br />

2,200,000<br />

6,071,000<br />

4,550,000<br />

6,000,000<br />

2,649,000<br />

3,350,000<br />

3,000,000<br />

4,000,000<br />

543,000<br />

3,800,000<br />

3,200,000<br />

8,400,000<br />

3,400,000<br />

3,250,000<br />

EUR<br />

EUR<br />

EUR<br />

EUR<br />

EUR<br />

EUR<br />

EUR<br />

USD<br />

USD<br />

EUR<br />

USD<br />

EUR<br />

EUR<br />

EUR<br />

EUR<br />

USD<br />

EUR<br />

EUR<br />

EUR<br />

EUR<br />

Financials<br />

<strong>Bank</strong>s<br />

ABN Amro <strong>Bank</strong> NV Floating Perpetual<br />

Barclays <strong>Bank</strong> PLC - 24/11/2004 - Floating Perpetual<br />

BNP Parib<strong>as</strong> SA Floating Perpetual<br />

BPCE SA Floating Perpetual<br />

BPCE SA Floating Perpetual<br />

BPCE SA 9.25% Perpetual<br />

Commerzbank AG 7.75% 16/Mar/2021<br />

Danske <strong>Bank</strong> A/S Floating 21/Sep/2037<br />

Erste Group <strong>Bank</strong> AG 6.375% 28/Mar/2023<br />

Erste Group <strong>Bank</strong> AG 7.125% 10/Oct/2022<br />

Gazprombank OJSC Via GPB Eurobond Finance PLC Floating Perpetual<br />

Intesa Sanpaolo SpA Floating Perpetual<br />

Intesa Sanpaolo SpA Floating 02/Mar/2020<br />

Lloyds TSB <strong>Bank</strong> PLC 6.5% 24/Mar/2020<br />

OTP <strong>Bank</strong> PLC 5.27% 19/Sep/2016<br />

Russian Standard <strong>Bank</strong> Via Russian Standard Finance SA 10.75% 10/Apr/2018<br />

Santander International Debt SAU 4.625% 21/Mar/2016<br />

Societe G<strong>en</strong>erale SA Floating Perpetual<br />

UBS AG/Jersey Floating Perpetual<br />

<strong>UniCredit</strong> SpA Floating Perpetual<br />

10,286,367<br />

5,477,500<br />

2,872,500<br />

1,676,180<br />

2,083,478<br />

2,194,472<br />

2,382,028<br />

4,863,845<br />

3,588,026<br />

6,854,340<br />

2,094,647<br />

3,473,347<br />

2,575,440<br />

4,592,280<br />

537,402<br />

3,026,396<br />

3,353,568<br />

7,442,568<br />

3,286,542<br />

3,342,365<br />

1.30%<br />

0.70%<br />

0.37%<br />

0.21%<br />

0.27%<br />

0.28%<br />

0.30%<br />

0.62%<br />

0.46%<br />

0.87%<br />

0.27%<br />

0.44%<br />

0.33%<br />

0.58%<br />

0.07%<br />

0.39%<br />

0.43%<br />

0.95%<br />

0.42%<br />

0.43%<br />

2,667,000<br />

2,400,000<br />

USD<br />

EUR<br />

Financial Services<br />

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

Boparan Finance PLC 9.75% 30/Apr/2018<br />

2,043,136<br />

2,742,744<br />

0.26%<br />

0.35%<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 />

Pioneer Funds - Annual Report 329

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