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Pioneer Funds - Emerging Markets Bond Local Curr<strong>en</strong>cies<br />

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

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

Description of Securities<br />

Transferable Securities and Money Market Instrum<strong>en</strong>ts Admitted to an Official Exchange<br />

Listing or Dealt in on Other Regulated Markets<br />

Market Value<br />

Net Assets %<br />

Bonds<br />

3,100,000<br />

3,214,500,000<br />

140,000,000<br />

150,000,000<br />

3,000,000<br />

TRY<br />

CLP<br />

RUB<br />

RUB<br />

TRY<br />

Financials<br />

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

Akbank TAS Floating 01/Nov/2013<br />

Banco Santander Chile 6.5% 22/Sep/2020<br />

Gazprombank OJSC Via GPB Eurobond Finance PLC 8.617% 15/Dec/2015<br />

Russian Agricultural <strong>Bank</strong> OJSC Via RSHB Capital SA 8.7% 17/Mar/2016<br />

Turkiye Is <strong>Bank</strong><strong>as</strong>i 0% 07/May/2013<br />

1,309,590<br />

5,105,009<br />

3,530,060<br />

3,805,317<br />

1,248,067<br />

0.31%<br />

1.21%<br />

0.84%<br />

0.90%<br />

0.30%<br />

1,800,000<br />

94,000,000<br />

USD<br />

RUB<br />

Financial Services<br />

African <strong>Bank</strong> Ltd 8.125% 24/Feb/2017<br />

Caterpillar International Finance Ltd 7.5% 20/Dec/2015<br />

1,484,754<br />

2,372,120<br />

0.35%<br />

0.56%<br />

180,000,000<br />

RUB<br />

Industrials<br />

Industrial Transportation<br />

Russian Railways via RZD Capital Ltd 8.3% 02/Apr/2019<br />

4,651,499<br />

1.10%<br />

50,000,000<br />

3,600,000<br />

4,000,000<br />

RUB<br />

EUR<br />

USD<br />

Oil and G<strong>as</strong><br />

Oil and G<strong>as</strong> Producers<br />

Alliance Oil Co Floating 21/Jul/2020<br />

MOL Hungarian Oil and G<strong>as</strong> PLC 5.875% 20/Apr/2017<br />

Pertamina Persero PT 5.25% 23/May/2021<br />

1,246,446<br />

3,809,052<br />

3,382,888<br />

0.30%<br />

0.90%<br />

0.80%<br />

10,000,000<br />

MXN<br />

Telecommunications<br />

Mobile Telecommunications<br />

America Movil SAB de CV 6.45% 05/Dec/2022<br />

601,668<br />

0.14%<br />

3,900,000,000<br />

COP<br />

Utilities<br />

Electricity<br />

Emgesa SA ESP 8.75% 25/Jan/2021<br />

1,950,240<br />

0.46%<br />

Total Bonds<br />

34,496,710<br />

8.17%<br />

Supranationals, Governm<strong>en</strong>ts and Local Public Authorities, Debt Instrum<strong>en</strong>ts<br />

20,000,000<br />

750,000,000<br />

393,000,000<br />

985,000,000<br />

13,400,000,000<br />

CNY<br />

INR<br />

NGN<br />

CLP<br />

COP<br />

Supranationals<br />

Asian Developm<strong>en</strong>t <strong>Bank</strong> 2.85% 21/Oct/2020<br />

Inter-American Developm<strong>en</strong>t <strong>Bank</strong> 4.75% 10/Jan/2014<br />

International <strong>Bank</strong> for Reconstruction & Developm<strong>en</strong>t 14.5% 28/Mar/2013<br />

International <strong>Bank</strong> for Reconstruction & Developm<strong>en</strong>t 2.5% 21/Feb/2013<br />

International <strong>Bank</strong> for Reconstruction & Developm<strong>en</strong>t 4% 15/Aug/2014<br />

2,401,081<br />

10,296,165<br />

1,923,493<br />

1,552,204<br />

5,756,112<br />

0.57%<br />

2.44%<br />

0.46%<br />

0.37%<br />

1.36%<br />

30,500<br />

30,000<br />

25,000<br />

25,000<br />

25,000<br />

5,000<br />

5,000,000,000<br />

8,000,000,000<br />

1,500,000,000<br />

500,000,000<br />

1,500,000,000<br />

5,000,000,000<br />

45,000,000,000<br />

BRL<br />

BRL<br />

BRL<br />

BRL<br />

BRL<br />

BRL<br />

COP<br />

COP<br />

HUF<br />

HUF<br />

HUF<br />

IDR<br />

IDR<br />

Governm<strong>en</strong>ts<br />

Brazil Letr<strong>as</strong> do Tesouro Nacional 0% 01/Jul/2014<br />

Brazil Not<strong>as</strong> do Tesouro Nacional Serie F 10% 01/Jan/2013<br />

Brazil Not<strong>as</strong> do Tesouro Nacional Serie F 10% 01/Jan/2014<br />

Brazil Not<strong>as</strong> do Tesouro Nacional Serie F 10% 01/Jan/2015<br />

Brazil Not<strong>as</strong> do Tesouro Nacional Serie F 10% 01/Jan/2017<br />

Brazil Not<strong>as</strong> do Tesouro Nacional Serie F 10% 01/Jan/2021<br />

Colombia Governm<strong>en</strong>t International Bond 12% 22/Oct/2015<br />

Colombia Governm<strong>en</strong>t International Bond 7.75% 14/Apr/2021<br />

Hungary Governm<strong>en</strong>t Bond 5.5% 12/Feb/2014<br />

Hungary Governm<strong>en</strong>t Bond 7.5% 12/Nov/2020<br />

Hungary Governm<strong>en</strong>t Bond 8% 12/Feb/2015<br />

Indonesia Tre<strong>as</strong>ury Bond 11% 15/Oct/2014<br />

Indonesia Tre<strong>as</strong>ury Bond 11% 15/Sep/2025<br />

10,158,942<br />

11,093,673<br />

9,478,061<br />

9,621,692<br />

9,724,732<br />

1,946,219<br />

2,602,192<br />

4,381,346<br />

5,161,522<br />

1,875,710<br />

5,415,664<br />

436,307<br />

5,183,290<br />

2.41%<br />

2.63%<br />

2.25%<br />

2.28%<br />

2.30%<br />

0.46%<br />

0.62%<br />

1.04%<br />

1.22%<br />

0.44%<br />

1.28%<br />

0.10%<br />

1.23%<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 />

338 Pioneer Funds - Annual Report

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