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Pioneer Funds - Emerging Markets Bond<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 />

2,900,000 USD<br />

Description of Securities<br />

Zhaikmunai LP Via Zhaikmunai International BV 7.125% 13/Nov/2019<br />

Market Value<br />

2,309,618<br />

Net Assets %<br />

0.30%<br />

3,700,000<br />

1,800,000<br />

3,100,000<br />

6,752,000<br />

4,000,000<br />

2,000,000<br />

2,200,000<br />

5,000,000<br />

USD<br />

USD<br />

USD<br />

EUR<br />

USD<br />

USD<br />

USD<br />

EUR<br />

Telecommunications<br />

Fixed Line Telecommunications<br />

Altice Financing SA 7.875% 15/Dec/2019<br />

Altice Finco SA 9.875% 15/Dec/2020<br />

Axtel SAB de CV 9% 22/Sep/2019<br />

Magyar Telecom BV 9.5% 15/Dec/2016<br />

Oi SA 5.75% 10/Feb/2022<br />

Sable International Finance Ltd 8.75% 01/Feb/2020<br />

Telefonica Celular del Paraguay SA 6.75% 13/Dec/2022<br />

Wind Acquisition Finance SA 7.375% 15/Feb/2018<br />

2,981,834<br />

1,477,928<br />

1,304,991<br />

3,781,525<br />

3,170,510<br />

1,744,539<br />

1,752,124<br />

5,055,525<br />

0.38%<br />

0.19%<br />

0.17%<br />

0.49%<br />

0.41%<br />

0.23%<br />

0.23%<br />

0.65%<br />

7,500,000<br />

3,281,000<br />

8,000,000<br />

USD<br />

USD<br />

USD<br />

Mobile Telecommunications<br />

Telemovil Finance Co Ltd 8% 01/Oct/2017<br />

Vimpel Communications Via VIP Finance Ireland Ltd OJSC 6.493% 02/Feb/2016<br />

VimpelCom Holdings BV 7.5043% 01/Mar/2022<br />

6,186,476<br />

2,693,934<br />

6,970,570<br />

0.80%<br />

0.35%<br />

0.90%<br />

2,621,000<br />

2,000,000<br />

1,000,000<br />

5,310,000,000<br />

4,000,000<br />

1,530,000<br />

1,800,000<br />

USD<br />

USD<br />

USD<br />

COP<br />

USD<br />

USD<br />

USD<br />

Utilities<br />

Electricity<br />

Abu Dhabi National Energy Co 2.5% 12/Jan/2018<br />

Abu Dhabi National Energy Co 3.625% 12/Jan/2023<br />

Cia de Transporte de Energia Electrica <strong>en</strong> Alta T<strong>en</strong>sion Trans<strong>en</strong>er SA - Regs - 8.875%<br />

15/Dec/2016<br />

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

Empresa Distribuidora Y Comercializadora Norte - Regs - 9.75% 25/Oct/2022<br />

Instituto Costarric<strong>en</strong>se de Electricidad - Regs - 6.95% 10/Nov/2021<br />

Jamaica Public Service Co Ltd - Regs - 11% 06/Jul/2021<br />

2,005,411<br />

1,558,708<br />

318,568<br />

2,673,049<br />

1,365,291<br />

1,322,967<br />

1,457,448<br />

0.26%<br />

0.20%<br />

0.04%<br />

0.35%<br />

0.18%<br />

0.17%<br />

0.19%<br />

6,712,000<br />

USD<br />

G<strong>as</strong>, Water and Multiutilities<br />

Sound Global Ltd 11.875% 10/Aug/2017<br />

5,442,809<br />

0.70%<br />

Total Bonds<br />

534,451,270<br />

68.98%<br />

Equities<br />

9,859<br />

USD<br />

B<strong>as</strong>ic Materials<br />

Chemicals<br />

LyondellB<strong>as</strong>ell Industries NV - A<br />

427,069<br />

0.06%<br />

16,868<br />

30,400<br />

9,997<br />

1,855,000<br />

USD<br />

USD<br />

USD<br />

EUR<br />

Financials<br />

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

Alliance <strong>Bank</strong> JSC - Gdr Regs<br />

Alliance <strong>Bank</strong> JSC - Pfd Gdr Reg S<br />

BTA <strong>Bank</strong> JSC - Gdr Reg S<br />

Commerzbank AG<br />

141<br />

277<br />

8,318<br />

2,660,070<br />

0.00%<br />

0.00%<br />

0.00%<br />

0.34%<br />

4,008,371<br />

GBP<br />

Real Estate Investm<strong>en</strong>t and Services<br />

XXI C<strong>en</strong>tury Investm<strong>en</strong>ts Public Ltd<br />

154,434<br />

0.02%<br />

65,989<br />

USD<br />

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

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

Lukoil OAO - Adr<br />

3,310,962<br />

0.43%<br />

530,883<br />

USD<br />

Telecommunications<br />

Mobile Telecommunications<br />

KCell JSC<br />

4,731,398<br />

0.61%<br />

Total Equities<br />

11,292,669<br />

1.46%<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 />

344 Pioneer Funds - Annual Report

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