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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 />

Description of Securities<br />

Market Value<br />

Net Assets %<br />

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

5,000,000<br />

89,000,000<br />

393,000,000<br />

USD<br />

RUB<br />

NGN<br />

Supranationals<br />

E<strong>as</strong>tern and Southern African Trade and Developm<strong>en</strong>t <strong>Bank</strong> 6.875% 09/Jan/2016<br />

European <strong>Bank</strong> for Reconstruction & Developm<strong>en</strong>t 6.75% 12/May/2017<br />

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

3,963,137<br />

2,290,196<br />

1,923,493<br />

0.51%<br />

0.30%<br />

0.25%<br />

408,343<br />

408,343<br />

29,350,000<br />

3,700,000<br />

3,400,000<br />

1,841,119<br />

3,950,000<br />

6,000,000<br />

3,214,000<br />

5,000,000<br />

12,561,000<br />

2,000,000<br />

1,400,000<br />

2,210,000<br />

4,580,000<br />

3,311,000<br />

5,000,000<br />

450,000<br />

297,000,000<br />

4,000,000<br />

2,400,000<br />

1,667,000<br />

5,786,000<br />

9,000,000<br />

2,500,000<br />

2,800,000<br />

4,000,000<br />

1,320,480<br />

6,600,000<br />

180,000<br />

1,650,000<br />

1,420,000<br />

10,000,000<br />

1,750,000<br />

USD<br />

USD<br />

ARS<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 />

PHP<br />

USD<br />

USD<br />

USD<br />

EUR<br />

USD<br />

EUR<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

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

Arg<strong>en</strong>tine Republic Governm<strong>en</strong>t International Bond Floating 15/Dec/2035<br />

Arg<strong>en</strong>tine Republic Governm<strong>en</strong>t International Bond Floating 31/Dec/2038<br />

Arg<strong>en</strong>tine Republic Governm<strong>en</strong>t International Bond 0% 15/Dec/2035<br />

Arg<strong>en</strong>tine Republic Governm<strong>en</strong>t International Bond 8.28% 31/Dec/2033<br />

Costa Rica Governm<strong>en</strong>t International Bond 4.25% 26/Jan/2023<br />

Dominican Republic International Bond 9.04% 23/Jan/2018<br />

El Salvador Governm<strong>en</strong>t International Bond - Reg.S - 7.65% 15/Jun/2035<br />

Guatemala Governm<strong>en</strong>t Bond - Regs - 5.75% 06/Jun/2022<br />

Hungary Governm<strong>en</strong>t International Bond 6.25% 29/Jan/2020<br />

Hungary Governm<strong>en</strong>t International Bond 6.375% 29/Mar/2021<br />

Ivory Co<strong>as</strong>t Governm<strong>en</strong>t International Bond Floating 31/Dec/2032<br />

Jamaica Governm<strong>en</strong>t International Bond 10.625% 20/Jun/2017<br />

Jamaica Governm<strong>en</strong>t International Bond 8% 24/Jun/2019<br />

Mongolia Governm<strong>en</strong>t International Bond 4.125% 05/Jan/2018<br />

Mongolia Governm<strong>en</strong>t International Bond 5.125% 05/Dec/2022<br />

Morocco Governm<strong>en</strong>t International Bond 4.25% 11/Dec/2022<br />

Nigeria Governm<strong>en</strong>t International Bond 6.75% 28/Jan/2021<br />

Panama Governm<strong>en</strong>t International Bond 8.875% 30/Sep/2027<br />

Philippine Governm<strong>en</strong>t International Bond 6.25% 14/Jan/2036<br />

Philippine Governm<strong>en</strong>t International Bond 7.75% 14/Jan/2031<br />

Republic of Belarus 8.95% 26/Jan/2018<br />

Republic of Serbia 7.25% 28/Sep/2021<br />

Romanian Governm<strong>en</strong>t International Bond 4.875% 07/Nov/2019<br />

Russian Foreign Bond - Eurobond 4.5% 04/Apr/2022<br />

<strong>Slovakia</strong> Governm<strong>en</strong>t Bond 4.625% 19/Jan/2017<br />

Turkey Governm<strong>en</strong>t International Bond 6.875% 17/Mar/2036<br />

Turkey Governm<strong>en</strong>t International Bond 7.375% 05/Feb/2025<br />

Uruguay Governm<strong>en</strong>t International Bond 7.875% 15/Jan/2033<br />

V<strong>en</strong>ezuela Governm<strong>en</strong>t International Bond 10.75% 19/Sep/2013<br />

V<strong>en</strong>ezuela Governm<strong>en</strong>t International Bond 13.625% 15/Aug/2018<br />

V<strong>en</strong>ezuela Governm<strong>en</strong>t International Bond 7.65% 21/Apr/2025<br />

V<strong>en</strong>ezuela Governm<strong>en</strong>t International Bond 8.5% 08/Oct/2014<br />

V<strong>en</strong>ezuela Governm<strong>en</strong>t International Bond 9.25% 15/Sep/2027<br />

V<strong>en</strong>ezuela Governm<strong>en</strong>t International Bond 9.375% 13/Jan/2034<br />

23,075<br />

112,740<br />

313,140<br />

2,763,210<br />

2,614,988<br />

1,732,373<br />

3,415,504<br />

5,040,200<br />

2,702,915<br />

4,205,856<br />

8,955,809<br />

1,664,897<br />

1,043,310<br />

1,663,702<br />

3,421,799<br />

2,542,770<br />

4,503,565<br />

557,210<br />

6,593,609<br />

4,668,538<br />

1,884,102<br />

1,458,815<br />

6,115,079<br />

7,833,358<br />

2,847,150<br />

2,875,076<br />

4,118,629<br />

1,558,956<br />

5,168,765<br />

160,422<br />

1,107,593<br />

1,107,221<br />

7,622,875<br />

1,320,730<br />

0.00%<br />

0.01%<br />

0.04%<br />

0.36%<br />

0.34%<br />

0.22%<br />

0.44%<br />

0.65%<br />

0.35%<br />

0.54%<br />

1.17%<br />

0.21%<br />

0.13%<br />

0.21%<br />

0.44%<br />

0.33%<br />

0.58%<br />

0.07%<br />

0.85%<br />

0.60%<br />

0.24%<br />

0.19%<br />

0.79%<br />

1.02%<br />

0.37%<br />

0.37%<br />

0.53%<br />

0.20%<br />

0.67%<br />

0.02%<br />

0.14%<br />

0.14%<br />

0.99%<br />

0.17%<br />

1,650,000<br />

9,075,000<br />

3,750,000<br />

1,000,000<br />

2,449,864<br />

5,000,000<br />

2,464,162<br />

1,500,000<br />

4,000,000<br />

3,944,000<br />

3,913,000<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

USD<br />

Local Public Authorities<br />

City of Bu<strong>en</strong>os Aires Arg<strong>en</strong>tina - Regs - 12.5% 06/Apr/2015<br />

Financing of Infr<strong>as</strong>trucural Projects State Enterprise 9% 07/Dec/2017<br />

Perusahaan P<strong>en</strong>erbit SBSN 3.3% 21/Nov/2022<br />

Province of Salta Arg<strong>en</strong>tina 9.5% 16/Mar/2022<br />

Provincia de Bu<strong>en</strong>os Aires/Arg<strong>en</strong>tina Floating 15/May/2035<br />

Provincia de Bu<strong>en</strong>os Aires/Arg<strong>en</strong>tina 10.875% 26/Jan/2021<br />

Provincia de Bu<strong>en</strong>os Aires/Arg<strong>en</strong>tina 9.25% 15/Apr/2017<br />

Provincia de Bu<strong>en</strong>os Aires/Arg<strong>en</strong>tina 9.375% 14/Sep/2018<br />

Provincia de Cordoba 12.375% 17/Aug/2017<br />

Provincia de M<strong>en</strong>doza Arg<strong>en</strong>tina 5.5% 04/Sep/2018<br />

Provincia de Neuqu<strong>en</strong> Arg<strong>en</strong>tina 7.875% 26/Apr/2021<br />

1,229,615<br />

6,917,759<br />

2,958,131<br />

652,609<br />

743,284<br />

2,844,357<br />

1,480,291<br />

830,552<br />

2,533,374<br />

1,182,633<br />

2,582,153<br />

0.16%<br />

0.90%<br />

0.38%<br />

0.08%<br />

0.10%<br />

0.37%<br />

0.19%<br />

0.11%<br />

0.33%<br />

0.15%<br />

0.33%<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 345

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