Pioneer Diversified High Income Fund, Inc.
Schedule of Investments | July 31, 2023
Ticker Symbol: HNW |
Schedule of Investments | 7/31/23
(unaudited)
Principal Amount USD ($) | Value | |||||
UNAFFILIATED ISSUERS — 140.5% | ||||||
Senior Secured Floating Rate Loan Interests — 3.3% of Net Assets*(a) | ||||||
Auto Parts & Equipment — 0.7% | ||||||
700,000 | First Brands Group LLC, First Lien 2021 Term Loan, 10.881% (Term SOFR + 500 bps), 3/30/27 | $ 694,750 | ||||
Total Auto Parts & Equipment | $694,750 | |||||
Chemicals-Diversified — 0.1% | ||||||
125,000 | LSF11 A5 Holdco LLC, Fourth Amendment Incremental Term Loan, 9.669% (Term SOFR + 425 bps), 10/15/28 | $ 124,406 | ||||
Total Chemicals-Diversified | $124,406 | |||||
Dialysis Centers — 0.3% | ||||||
481,248 | US Renal Care, Inc., Initial Term Loan, 10.433% (LIBOR + 500 bps), 6/26/26 | $ 243,030 | ||||
Total Dialysis Centers | $243,030 | |||||
Distribution & Wholesale — 0.3% | ||||||
312,500(b) | Windsor Holdings III LLC, Dollar Term B Loan, 8/1/30 | $ 311,198 | ||||
Total Distribution & Wholesale | $311,198 | |||||
Electronic Composition — 0.1% | ||||||
122,689 | Natel Engineering Co., Inc., Initial Term Loan, 11.682% (Term SOFR + 625 bps), 4/30/26 | $ 95,390 | ||||
Total Electronic Composition | $95,390 | |||||
Medical Labs & Testing Services — 0.0%† | ||||||
206,740(c) | Envision Healthcare Corp., 2018 Third Out Term Loan, 9.121% (Term SOFR + 425 bps), 3/31/27 | $ 900 | ||||
Total Medical Labs & Testing Services | $900 | |||||
Oil-Field Services — 0.4% | ||||||
416,360 | ProFrac Holdings II LLC, Term Loan, 12.78% (Term SOFR + 725 bps), 3/4/25 | $ 417,922 | ||||
Total Oil-Field Services | $417,922 | |||||
Physical Practice Management — 0.2% | ||||||
319,399 | Team Health Holdings, Inc., Extended Term Loan, 10.569% (Term SOFR + 525 bps), 3/2/27 | $ 222,781 | ||||
Total Physical Practice Management | $222,781 | |||||
1Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Principal Amount USD ($) | Value | |||||
Recreational Centers — 0.2% | ||||||
191,703 | Fitness International LLC, Term B Loan, 8.769% (Term SOFR + 325 bps), 4/18/25 | $ 191,008 | ||||
Total Recreational Centers | $191,008 | |||||
Schools — 0.1% | ||||||
100,000(b) | Bach Finance Limited (aka Nord Anglia/Fugue Finance), First Lien Seventh Amendment Dollar Term Loan, 1/31/28 | $ 100,250 | ||||
Total Schools | $100,250 | |||||
Telecom Services — 0.9% | ||||||
1,017,312 | Patagonia Holdco LLC, Amendment No.1 Term Loan, 10.789% (Term SOFR + 575 bps), 8/1/29 | $ 878,704 | ||||
Total Telecom Services | $878,704 | |||||
Total Senior Secured Floating Rate Loan Interests (Cost $3,786,291) | $3,280,339 | |||||
Shares | ||||||
Common Stocks — 0.3% of Net Assets | ||||||
Household Durables — 0.0%† | ||||||
89,094(d) | Desarrolladora Homex SAB de CV | $ 64 | ||||
Total Household Durables | $64 | |||||
Oil, Gas & Consumable Fuels — 0.0%† | ||||||
6(d) | Amplify Energy Corp. | $ 44 | ||||
2,189(d) | Petroquest Energy, Inc. | 110 | ||||
Total Oil, Gas & Consumable Fuels | $154 | |||||
Passenger Airlines — 0.3% | ||||||
24,166(d)+ | Grupo Aeromexico SAB de CV | $ 324,715 | ||||
Total Passenger Airlines | $324,715 | |||||
Total Common Stocks (Cost $619,487) | $324,933 | |||||
Principal Amount USD ($) | ||||||
Asset Backed Securities — 3.4% of Net Assets | ||||||
500,000 | ACC Auto Trust, Series 2022-A, Class D, 10.07%, 3/15/29 (144A) | $ 480,907 |
Pioneer Diversified High Income Fund, Inc. | | 7/31/232
Schedule of Investments | 7/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Asset Backed Securities — (continued) | ||||||
500,000(a) | Goldentree Loan Management US CLO 2, Ltd., Series 2017-2A, Class E, 10.288% (3 Month Term SOFR + 496 bps), 11/28/30 (144A) | $ 451,701 | ||||
1,000,000 | JPMorgan Chase Bank NA - CACLN, Series 2021-3, Class G, 9.812%, 2/26/29 (144A) | 934,408 | ||||
1,000,000(a) | MCF CLO VII LLC, Series 2017-3A, Class ER, 14.738% (3 Month Term SOFR + 941 bps), 7/20/33 (144A) | 948,768 | ||||
650,000 | Santander Bank Auto Credit-Linked Notes, Series 2022-A, Class E, 12.662%, 5/15/32 (144A) | 597,531 | ||||
Total Asset Backed Securities (Cost $3,615,651) | $3,413,315 | |||||
Collateralized Mortgage Obligations—2.8% of Net Assets | ||||||
330,000(a) | Connecticut Avenue Securities Trust, Series 2021-R01, Class 1B2, 11.069% (SOFR30A + 600 bps), 10/25/41 (144A) | $ 333,264 | ||||
10,309(a) | DSLA Mortgage Loan Trust, Series 2005-AR6, Class 2A1C, 6.201% (1 Month Term SOFR + 95 bps), 10/19/45 | 10,403 | ||||
100,000(a) | Fannie Mae Connecticut Avenue Securities, Series 2021-R02, Class 2B2, 11.269% (SOFR30A + 620 bps), 11/25/41 (144A) | 100,448 | ||||
200,000(a) | Freddie Mac STACR REMIC Trust, Series 2021-DNA7, Class B2, 12.869% (SOFR30A + 780 bps), 11/25/41 (144A) | 207,499 | ||||
450,000(a) | Freddie Mac STACR REMIC Trust, Series 2021-HQA3, Class B2, 11.319% (SOFR30A + 625 bps), 9/25/41 (144A) | 439,104 | ||||
280,000(a) | Freddie Mac STACR REMIC Trust, Series 2022-DNA2, Class B2, 13.569% (SOFR30A + 850 bps), 2/25/42 (144A) | 296,446 | ||||
545,000(a) | Freddie Mac STACR Trust, Series 2019-DNA3, Class B2, 13.333% (SOFR30A + 826 bps), 7/25/49 (144A) | 601,339 | ||||
18,892 | Global Mortgage Securitization, Ltd., Series 2004-A, Class B1, 5.25%, 11/25/32 (144A) | 8,504 |
3Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Principal Amount USD ($) | Value | |||||
Collateralized Mortgage Obligations—(continued) | ||||||
500,000(e) | RMF Buyout Issuance Trust, Series 2022-HB1, Class M5, 4.50%, 4/25/32 (144A) | $ 55,625 | ||||
640,000(a) | STACR Trust, Series 2018-HRP2, Class B2, 15.683% (SOFR30A + 1,061 bps), 2/25/47 (144A) | 740,582 | ||||
Total Collateralized Mortgage Obligations (Cost $3,048,157) | $2,793,214 | |||||
Commercial Mortgage-Backed Securities—11.5% of Net Assets | ||||||
1,000,000(e) | Benchmark Mortgage Trust, Series 2020-B18, Class AGNG, 4.388%, 7/15/53 (144A) | $ 849,716 | ||||
500,000(a) | BPR Trust, Series 2021-WILL, Class E, 12.086% (1 Month Term SOFR + 686 bps), 6/15/38 (144A) | 448,185 | ||||
647,148(a) | BX Trust, Series 2022-PSB, Class F, 12.555% (1 Month Term SOFR + 733 bps), 8/15/39 (144A) | 648,031 | ||||
521,418(a) | Capital Funding Mortgage Trust, Series 2020-9, Class B, 20.105% (1 Month USD LIBOR + 1,490 bps), 11/15/23 (144A) | 514,909 | ||||
288,017(a) | Capital Funding Mortgage Trust, Series 2021-8, Class B, 18.30% (1 Month USD LIBOR + 1,310 bps), 12/15/23 (144A) | 288,017 | ||||
990,000(a) | Capital Funding Mortgage Trust, Series 2021-19, Class B, 20.41% (1 Month USD LIBOR + 1,521 bps), 11/6/23 (144A) | 964,470 | ||||
7,259,070(e)(f) | CD Mortgage Trust, Series 2016-CD1, Class XA, 1.364%, 8/10/49 | 211,894 | ||||
21,504,077(e)(f) | COMM Mortgage Trust, Series 2015-LC21, Class XA, 0.646%, 7/10/48 | 204,846 | ||||
750,000(a) | Freddie Mac Multifamily Structured Credit Risk, Series 2021-MN1, Class B1, 12.819% (SOFR30A + 775 bps), 1/25/51 (144A) | 717,367 | ||||
180,000(a) | Freddie Mac Multifamily Structured Credit Risk, Series 2021-MN3, Class B1, 11.919% (SOFR30A + 685 bps), 11/25/51 (144A) | 163,350 | ||||
577,179(e) | FREMF Mortgage Trust, Series 2019-KJ24, Class B, 7.60%, 10/25/27 (144A) | 524,502 | ||||
1,000,000(a) | FREMF Mortgage Trust, Series 2019-KS12, Class C, 12.118% (1 Month USD LIBOR + 690 bps), 8/25/29 | 948,289 | ||||
142,240(a) | FREMF Mortgage Trust, Series 2020-KF74, Class C, 11.468% (1 Month USD LIBOR + 625 bps), 1/25/27 (144A) | 136,310 |
Pioneer Diversified High Income Fund, Inc. | | 7/31/234
Schedule of Investments | 7/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Commercial Mortgage-Backed Securities—(continued) | ||||||
229,450(a) | FREMF Mortgage Trust, Series 2020-KF83, Class C, 14.218% (1 Month USD LIBOR + 900 bps), 7/25/30 (144A) | $ 214,457 | ||||
1,000,000(g) | FREMF Mortgage Trust, Series 2021-KG05, Class C, 0.000%, 1/25/31 (144A) | 496,827 | ||||
12,333,286(f) | FREMF Mortgage Trust, Series 2021-KG05, Class X2A, 0.10%, 1/25/31 (144A) | 65,794 | ||||
1,000,000(f) | FREMF Mortgage Trust, Series 2021-KG05, Class X2B, 0.10%, 1/25/31 (144A) | 4,965 | ||||
7,625,618(e)(f) | FRESB Mortgage Trust, Series 2020-SB79, Class X1, 1.086%, 7/25/40 | 269,786 | ||||
4,023,198(e)(f) | GS Mortgage Securities Trust, Series 2014-GC24, Class XA, 0.694%, 9/10/47 | 20,986 | ||||
500,000(e) | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-LC11, Class D, 4.168%, 4/15/46 | 310,625 | ||||
6,724,972(e)(f) | JPMBB Commercial Mortgage Securities Trust, Series 2014-C24, Class XA, 0.846%, 11/15/47 | 40,687 | ||||
5,876,094(e)(f) | Morgan Stanley Capital I Trust, Series 2016-UB12, Class XA, 0.65%, 12/15/49 | 103,031 | ||||
750,000(a) | Multifamily Connecticut Avenue Securities Trust, Series 2020-01, Class M10, 8.933% (SOFR30A + 386 bps), 3/25/50 (144A) | 721,215 | ||||
900,000(e) | Natixis Commercial Mortgage Securities Trust, Series 2019-FAME, Class E, 4.398%, 8/15/36 (144A) | 470,781 | ||||
290,000 | Palisades Center Trust, Series 2016-PLSD, Class A, 2.713%, 4/13/33 (144A) | 165,300 | ||||
228,923(e) | Velocity Commercial Capital Loan Trust, Series 2020-1, Class M5, 4.29%, 2/25/50 (144A) | 171,240 | ||||
1,100,000 | Wells Fargo Commercial Mortgage Trust, Series 2015-C28, Class E, 3.00%, 5/15/48 (144A) | 756,232 | ||||
1,660,500(e) | Wells Fargo Commercial Mortgage Trust, Series 2015-C31, Class E, 4.595%, 11/15/48 (144A) | 1,046,535 | ||||
Total Commercial Mortgage-Backed Securities (Cost $13,184,946) | $11,478,347 | |||||
Convertible Corporate Bonds — 2.2% of Net Assets | ||||||
Banks — 0.0%† | ||||||
IDR812,959,000 | PT Bakrie & Brothers Tbk, 10/31/23 | $ 5,715 | ||||
Total Banks | $5,715 | |||||
5Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Principal Amount USD ($) | Value | |||||
Chemicals — 2.0% | ||||||
1,900,000(h) | Hercules LLC, 6.50%, 6/30/29 | $ 1,944,970 | ||||
Total Chemicals | $1,944,970 | |||||
Entertainment — 0.2% | ||||||
312,000(g) | DraftKings Holdings, Inc., 3/15/28 | $ 239,928 | ||||
Total Entertainment | $239,928 | |||||
Total Convertible Corporate Bonds (Cost $1,844,157) | $2,190,613 | |||||
Corporate Bonds — 90.0% of Net Assets | ||||||
Advertising — 1.3% | ||||||
645,000 | Clear Channel Outdoor Holdings, Inc., 7.50%, 6/1/29 (144A) | $ 513,426 | ||||
535,000 | Clear Channel Outdoor Holdings, Inc., 7.75%, 4/15/28 (144A) | 447,383 | ||||
400,000 | Summer BC Bidco B LLC, 5.50%, 10/31/26 (144A) | 340,646 | ||||
Total Advertising | $1,301,455 | |||||
Aerospace & Defense — 0.6% | ||||||
315,000 | Spirit AeroSystems, Inc., 9.375%, 11/30/29 (144A) | $ 337,191 | ||||
270,000 | Triumph Group, Inc., 9.00%, 3/15/28 (144A) | 277,326 | ||||
Total Aerospace & Defense | $614,517 | |||||
Agriculture — 1.1% | ||||||
1,310,000 | Frigorifico Concepcion SA, 7.70%, 7/21/28 (144A) | $ 1,120,050 | ||||
Total Agriculture | $1,120,050 | |||||
Airlines — 7.9% | ||||||
2,417,568(i) | ABRA Global Finance, 11.50% (5.50% PIK or 6.00% Cash), 3/2/28 (144A) | $ 2,042,447 | ||||
430,000 | Azul Secured Finance LLP, 11.93%, 8/28/28 (144A) | 432,687 | ||||
1,510,000 | Grupo Aeromexico SAB de CV, 8.50%, 3/17/27 (144A) | 1,367,894 | ||||
285,000 | Latam Airlines Group SA, 13.375%, 10/15/29 (144A) | 312,022 | ||||
1,059,000 | Pegasus Hava Tasimaciligi AS, 9.25%, 4/30/26 (144A) | 1,068,531 | ||||
585,000 | Spirit Loyalty Cayman, Ltd./Spirit IP Cayman, Ltd., 8.00%, 9/20/25 (144A) | 590,165 | ||||
EUR700,000 | Transportes Aereos Portugueses SA, 5.625%, 12/2/24 (144A) | 758,273 | ||||
465,000 | VistaJet Malta Finance Plc/Vista Management Holding, Inc., 6.375%, 2/1/30 (144A) | 393,609 |
Pioneer Diversified High Income Fund, Inc. | | 7/31/236
Schedule of Investments | 7/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Airlines — (continued) | ||||||
745,000 | VistaJet Malta Finance Plc/Vista Management Holding, Inc., 7.875%, 5/1/27 (144A) | $ 690,777 | ||||
260,000 | VistaJet Malta Finance Plc/Vista Management Holding, Inc., 9.50%, 6/1/28 (144A) | 248,310 | ||||
Total Airlines | $7,904,715 | |||||
Apparel — 0.4% | ||||||
370,000 | Hanesbrands, Inc., 9.00%, 2/15/31 (144A) | $ 378,315 | ||||
Total Apparel | $378,315 | |||||
Auto Parts & Equipment — 1.0% | ||||||
1,046,000 | Dealer Tire LLC/DT Issuer LLC, 8.00%, 2/1/28 (144A) | $ 961,982 | ||||
Total Auto Parts & Equipment | $961,982 | |||||
Banks — 3.6% | ||||||
300,000(e) | Banco de Galicia y Buenos Aires SAU, 7.962% (5 Year CMT Index + 716 bps), 7/19/26 (144A) | $ 280,500 | ||||
1,135,000(e) | Banco GNB Sudameris SA, 7.50% (5 Year CMT Index + 666 bps), 4/16/31 (144A) | 944,887 | ||||
685,000(e)(j) | Banco Mercantil del Norte SA, 8.375% (10 yr. US Treasury Yield Curve Rate T Note Constant Maturity + 776 bps) (144A) | 669,588 | ||||
247,000 | Freedom Mortgage Corp., 8.125%, 11/15/24 (144A) | 245,686 | ||||
911,000 | Freedom Mortgage Corp., 8.25%, 4/15/25 (144A) | 900,237 | ||||
350,000(e)(j) | ING Groep NV, 6.50% (5 Year USD Swap Rate + 445 bps) | 329,879 | ||||
225,000(e)(j) | Intesa Sanpaolo S.p.A., 7.70% (5 Year USD Swap Rate + 546 bps) (144A) | 216,563 | ||||
865,000(c)(e)(j) | Sovcombank Via SovCom Capital DAC, 7.60% (5 Year CMT Index + 636 bps) (144A) | 31,248 | ||||
Total Banks | $3,618,588 | |||||
Biotechnology — 0.3% | ||||||
EUR345,000 | Cidron Aida Finco S.a.r.l., 5.00%, 4/1/28 (144A) | $ 344,316 | ||||
Total Biotechnology | $344,316 | |||||
Building Materials — 0.4% | ||||||
464,000 | Cornerstone Building Brands, Inc., 6.125%, 1/15/29 (144A) | $ 383,960 | ||||
Total Building Materials | $383,960 | |||||
Chemicals — 4.3% | ||||||
425,000 | Braskem Idesa SAPI, 6.99%, 2/20/32 (144A) | $ 274,072 | ||||
425,000 | LSF11 A5 HoldCo LLC, 6.625%, 10/15/29 (144A) | 354,863 |
7Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Principal Amount USD ($) | Value | |||||
Chemicals — (continued) | ||||||
EUR420,000 | Lune Holdings S.a.r.l., 5.625%, 11/15/28 (144A) | $ 374,564 | ||||
300,000 | LYB Finance Co. BV, 8.10%, 3/15/27 (144A) | 323,808 | ||||
379,000 | Mativ Holdings, Inc., 6.875%, 10/1/26 (144A) | 330,039 | ||||
280,000 | Olin Corp., 9.50%, 6/1/25 (144A) | 294,341 | ||||
EUR580,000 | Olympus Water US Holding Corp., 9.625%, 11/15/28 (144A) | 615,213 | ||||
985,000 | Olympus Water US Holding Corp., 9.75%, 11/15/28 (144A) | 952,987 | ||||
336,000 | Rain CII Carbon LLC/CII Carbon Corp., 7.25%, 4/1/25 (144A) | 334,320 | ||||
EUR420,000 | SCIL IV LLC/SCIL USA Holdings LLC, 9.50%, 7/15/28 (144A) | 470,038 | ||||
Total Chemicals | $4,324,245 | |||||
Commercial Services — 4.3% | ||||||
585,000 | Allied Universal Holdco LLC/Allied Universal Finance Corp., 9.75%, 7/15/27 (144A) | $ 536,497 | ||||
1,384,000 | Atento Luxco 1 SA, 8.00%, 2/10/26 (144A) | 27,680 | ||||
473,000 | Garda World Security Corp., 6.00%, 6/1/29 (144A) | 393,565 | ||||
958,000 | Garda World Security Corp., 9.50%, 11/1/27 (144A) | 937,743 | ||||
625,000 | Neptune Bidco US, Inc., 9.29%, 4/15/29 (144A) | 574,909 | ||||
935,000 | Prime Security Services Borrower LLC/Prime Finance, Inc., 6.25%, 1/15/28 (144A) | 880,238 | ||||
558,000 | Sotheby's, 7.375%, 10/15/27 (144A) | 494,311 | ||||
411,000 | Verscend Escrow Corp., 9.75%, 8/15/26 (144A) | 412,170 | ||||
Total Commercial Services | $4,257,113 | |||||
Diversified Financial Services — 6.6% | ||||||
1,000,000 | ASG Finance Designated Activity Co., 7.875%, 12/3/24 (144A) | $ 970,000 | ||||
385,381(i) | Avation Capital SA, 8.25% (9.00% PIK or 8.25% Cash), 10/31/26 (144A) | 335,981 | ||||
1,110,000 | Bread Financial Holdings, Inc., 7.00%, 1/15/26 (144A) | 1,072,062 | ||||
275,000(c) | Credito Real SAB de CV SOFOM ER, 8.00%, 1/21/28 (144A) | 30,250 | ||||
EUR235,000 | Garfunkelux Holdco 3 SA, 6.75%, 11/1/25 (144A) | 188,088 | ||||
GBP400,000 | Garfunkelux Holdco 3 SA, 7.75%, 11/1/25 (144A) | 369,091 | ||||
1,112,739(i) | Global Aircraft Leasing Co., Ltd., 6.50% (7.25% PIK or 6.50% Cash), 9/15/24 (144A) | 1,048,656 | ||||
EUR840,000 | Intrum AB, 9.25%, 3/15/28 (144A) | 802,360 | ||||
610,000 | OneMain Finance Corp., 9.00%, 1/15/29 | 619,821 | ||||
355,000 | PHH Mortgage Corp., 7.875%, 3/15/26 (144A) | 319,571 |
Pioneer Diversified High Income Fund, Inc. | | 7/31/238
Schedule of Investments | 7/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Diversified Financial Services — (continued) | ||||||
1,174,000(c) | Unifin Financiera SAB de CV, 8.375%, 1/27/28 (144A) | $ 54,229 | ||||
865,000 | United Wholesale Mortgage LLC, 5.75%, 6/15/27 (144A) | 809,320 | ||||
Total Diversified Financial Services | $6,619,429 | |||||
Electric — 0.9% | ||||||
400,000 | Cemig Geracao e Transmissao SA, 9.25%, 12/5/24 (144A) | $ 402,600 | ||||
38,701 | NSG Holdings LLC/NSG Holdings, Inc., 7.75%, 12/15/25 (144A) | 38,411 | ||||
445,000 | Talen Energy Supply LLC, 8.625%, 6/1/30 (144A) | 461,856 | ||||
7,000 | Vistra Operations Co. LLC, 5.625%, 2/15/27 (144A) | 6,768 | ||||
Total Electric | $909,635 | |||||
Electrical Components & Equipments — 0.6% | ||||||
350,000 | WESCO Distribution, Inc., 7.125%, 6/15/25 (144A) | $ 354,016 | ||||
245,000 | WESCO Distribution, Inc., 7.25%, 6/15/28 (144A) | 249,846 | ||||
Total Electrical Components & Equipments | $603,862 | |||||
Energy-Alternate Sources — 0.1% | ||||||
95,649(i) | SCC Power Plc, 4.00% (4.00% PIK or 4.00% Cash), 5/17/32 (144A) | $ 9,421 | ||||
176,583(i) | SCC Power Plc, 8.00% (4.00% PIK or 4.00% Cash or 8.00% Cash), 12/31/28 (144A) | 57,831 | ||||
Total Energy-Alternate Sources | $67,252 | |||||
Engineering & Construction — 0.2% | ||||||
230,000 | IHS Holding, Ltd., 6.25%, 11/29/28 (144A) | $ 189,612 | ||||
Total Engineering & Construction | $189,612 | |||||
Entertainment — 2.0% | ||||||
EUR310,000 | Lottomatica S.p.A./Roma, 7.125%, 6/1/28 (144A) | $ 349,366 | ||||
EUR325,000 | Lottomatica S.p.A./Roma, 9.75%, 9/30/27 (144A) | 387,265 | ||||
700,000 | Mohegan Tribal Gaming Authority, 8.00%, 2/1/26 (144A) | 647,500 | ||||
295,000 | Scientific Games International, Inc., 7.00%, 5/15/28 (144A) | 293,938 | ||||
295,000 | Scientific Games International, Inc., 7.25%, 11/15/29 (144A) | 294,262 | ||||
Total Entertainment | $1,972,331 | |||||
9Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Principal Amount USD ($) | Value | |||||
Environmental Control — 0.4% | ||||||
367,000 | Tervita Corp., 11.00%, 12/1/25 (144A) | $ 385,350 | ||||
Total Environmental Control | $385,350 | |||||
Food — 0.4% | ||||||
555,000 | Aragvi Finance International DAC, 8.45%, 4/29/26 (144A) | $ 378,566 | ||||
Total Food | $378,566 | |||||
Healthcare-Products — 0.2% | ||||||
239,000 | Varex Imaging Corp., 7.875%, 10/15/27 (144A) | $ 239,000 | ||||
Total Healthcare-Products | $239,000 | |||||
Healthcare-Services — 2.6% | ||||||
445,000 | Auna SAA, 6.50%, 11/20/25 (144A) | $ 389,375 | ||||
550,000 | Prime Healthcare Services, Inc., 7.25%, 11/1/25 (144A) | 522,495 | ||||
357,000 | RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/1/26 (144A) | 334,747 | ||||
626,000 | Surgery Center Holdings, Inc., 10.00%, 4/15/27 (144A) | 640,620 | ||||
765,000 | US Acute Care Solutions LLC, 6.375%, 3/1/26 (144A) | 668,480 | ||||
Total Healthcare-Services | $2,555,717 | |||||
Home Builders — 0.9% | ||||||
885,000 | Beazer Homes USA, Inc., 7.25%, 10/15/29 | $ 869,785 | ||||
Total Home Builders | $869,785 | |||||
Home Furnishings — 1.0% | ||||||
EUR930,000 | International Design Group S.p.A., 6.50%, 11/15/25 (144A) | $ 991,450 | ||||
Total Home Furnishings | $991,450 | |||||
Insurance — 5.1% | ||||||
4,600,000 | Liberty Mutual Insurance Co., 7.697%, 10/15/97 (144A) | $ 5,032,128 | ||||
Total Insurance | $5,032,128 | |||||
Iron & Steel — 2.0% | ||||||
845,000 | Carpenter Technology Corp., 7.625%, 3/15/30 | $ 861,849 | ||||
613,000 | Metinvest BV, 7.75%, 10/17/29 (144A) | 355,540 | ||||
870,000 | TMS International Corp., 6.25%, 4/15/29 (144A) | 727,538 | ||||
Total Iron & Steel | $1,944,927 | |||||
Pioneer Diversified High Income Fund, Inc. | | 7/31/2310
Schedule of Investments | 7/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Leisure Time — 2.0% | ||||||
100,000 | Carnival Corp., 7.625%, 3/1/26 (144A) | $ 98,651 | ||||
EUR130,000 | Carnival Corp., 7.625%, 3/1/26 (144A) | 140,791 | ||||
135,000 | Carnival Corp., 10.50%, 2/1/26 (144A) | 142,305 | ||||
120,000 | Carnival Holdings Bermuda, Ltd., 10.375%, 5/1/28 (144A) | 130,938 | ||||
400,000 | NCL Corp., Ltd., 5.875%, 3/15/26 (144A) | 378,503 | ||||
170,000 | NCL Finance, Ltd., 6.125%, 3/15/28 (144A) | 154,700 | ||||
90,000 | Royal Caribbean Cruises, Ltd., 11.50%, 6/1/25 (144A) | 95,348 | ||||
595,000 | Royal Caribbean Cruises, Ltd., 11.625%, 8/15/27 (144A) | 649,693 | ||||
245,000 | Viking Cruises, Ltd., 6.25%, 5/15/25 (144A) | 240,504 | ||||
Total Leisure Time | $2,031,433 | |||||
Lodging — 0.7% | ||||||
800,000(k) | Grupo Posadas S.A.B de CV, 5.00%, 12/30/27 (144A) | $ 683,000 | ||||
Total Lodging | $683,000 | |||||
Media — 1.4% | ||||||
400,000 | CSC Holdings LLC, 5.375%, 2/1/28 (144A) | $ 334,027 | ||||
1,210,000 | McGraw-Hill Education, Inc., 8.00%, 8/1/29 (144A) | 1,040,600 | ||||
Total Media | $1,374,627 | |||||
Metal Fabricate/Hardware — 0.3% | ||||||
385,000 | Park-Ohio Industries, Inc., 6.625%, 4/15/27 | $ 338,371 | ||||
Total Metal Fabricate/Hardware | $338,371 | |||||
Mining — 2.3% | ||||||
633,000 | Eldorado Gold Corp., 6.25%, 9/1/29 (144A) | $ 566,609 | ||||
400,000 | First Quantum Minerals, Ltd., 6.875%, 10/15/27 (144A) | 393,288 | ||||
1,260,000 | First Quantum Minerals, Ltd., 8.625%, 6/1/31 (144A) | 1,289,925 | ||||
Total Mining | $2,249,822 | |||||
Oil & Gas — 17.6% | ||||||
1,160,000 | Aethon United BR LP/Aethon United Finance Corp., 8.25%, 2/15/26 (144A) | $ 1,151,185 | ||||
910,000 | Baytex Energy Corp., 8.50%, 4/30/30 (144A) | 922,131 | ||||
1,685,000 | Baytex Energy Corp., 8.75%, 4/1/27 (144A) | 1,726,813 | ||||
294,000 | Cenovus Energy, Inc., 6.75%, 11/15/39 | 309,141 | ||||
520,000 | Civitas Resources, Inc., 8.375%, 7/1/28 (144A) | 534,851 | ||||
520,000 | Civitas Resources, Inc., 8.75%, 7/1/31 (144A) | 538,200 |
11Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Principal Amount USD ($) | Value | |||||
Oil & Gas — (continued) | ||||||
1,510,000 | Energean Plc, 6.50%, 4/30/27 (144A) | $ 1,375,610 | ||||
383,000 | International Petroleum Corp., 7.25%, 2/1/27 (144A) | 355,999 | ||||
405,000 | Kosmos Energy, Ltd., 7.75%, 5/1/27 (144A) | 371,929 | ||||
590,000 | Matador Resources Co., 6.875%, 4/15/28 (144A) | 586,346 | ||||
1,309,271 | MC Brazil Downstream Trading S.a.r.l, 7.25%, 6/30/31 (144A) | 849,942 | ||||
605,000 | Murphy Oil Corp., 6.375%, 7/15/28 | 602,334 | ||||
515,000 | Nabors Industries, Ltd., 7.50%, 1/15/28 (144A) | 472,377 | ||||
603,000 | Neptune Energy Bondco Plc, 6.625%, 5/15/25 (144A) | 598,569 | ||||
175,000 | Noble Finance II LLC, 8.00%, 4/15/30 (144A) | 180,031 | ||||
955,000 | Occidental Petroleum Corp., 4.40%, 4/15/46 | 756,212 | ||||
800,000 | Petroleos Mexicanos, 5.95%, 1/28/31 | 593,971 | ||||
271,000 | Precision Drilling Corp., 6.875%, 1/15/29 (144A) | 255,545 | ||||
455,000 | Seadrill Finance, Ltd., 8.375%, 8/1/30 (144A) | 464,419 | ||||
395,000 | Shelf Drilling Holdings, Ltd., 8.25%, 2/15/25 (144A) | 377,225 | ||||
480,000 | Shelf Drilling Holdings, Ltd., 8.875%, 11/15/24 (144A) | 481,200 | ||||
900,000 | SierraCol Energy Andina LLC, 6.00%, 6/15/28 (144A) | 709,132 | ||||
860,000 | Strathcona Resources, Ltd., 6.875%, 8/1/26 (144A) | 755,105 | ||||
120,000 | Transocean Titan Financing, Ltd., 8.375%, 2/1/28 (144A) | 123,900 | ||||
785,000 | Tullow Oil Plc, 10.25%, 5/15/26 (144A) | 638,205 | ||||
725,000 | Valaris, Ltd., 8.375%, 4/30/30 (144A) | 741,820 | ||||
1,195,000 | YPF SA, 6.95%, 7/21/27 (144A) | 1,015,750 | ||||
Total Oil & Gas | $17,487,942 | |||||
Oil & Gas Services — 1.2% | ||||||
521,000 | Archrock Partners LP/Archrock Partners Finance Corp., 6.875%, 4/1/27 (144A) | $ 507,969 | ||||
630,000 | Enerflex, Ltd., 9.00%, 10/15/27 (144A) | 633,903 | ||||
Total Oil & Gas Services | $1,141,872 | |||||
Packaging & Containers — 1.1% | ||||||
EUR425,000 | Fiber Bidco S.p.A., 11.00%, 10/25/27 (144A) | $ 503,502 | ||||
580,000 | Owens-Brockway Glass Container, Inc., 7.25%, 5/15/31 (144A) | 589,408 | ||||
Total Packaging & Containers | $1,092,910 | |||||
Pharmaceuticals — 1.0% | ||||||
790,000 | P&L Development LLC/PLD Finance Corp., 7.75%, 11/15/25 (144A) | $ 681,762 |
Pioneer Diversified High Income Fund, Inc. | | 7/31/2312
Schedule of Investments | 7/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Pharmaceuticals — (continued) | ||||||
381,000 | Par Pharmaceutical, Inc., 7.50%, 4/1/27 (144A) | $ 280,003 | ||||
300,000 | Tricida, Inc., 3.50%, 5/15/27 | — | ||||
300,000 | Tricida, Inc., 3.50%, 5/15/27 | — | ||||
Total Pharmaceuticals | $961,765 | |||||
Pipelines — 6.0% | ||||||
800,020 | Acu Petroleo Luxembourg S.a.r.l., 7.50%, 7/13/35 (144A) | $ 715,744 | ||||
555,000 | Delek Logistics Partners LP/Delek Logistics Finance Corp., 6.75%, 5/15/25 | 544,272 | ||||
510,000 | Delek Logistics Partners LP/Delek Logistics Finance Corp., 7.125%, 6/1/28 (144A) | 471,750 | ||||
450,000(a) | Energy Transfer LP, 8.651% (3 Month Term SOFR + 328 bps), 11/1/66 | 358,672 | ||||
915,000(e)(j) | Energy Transfer LP, 7.125% (5 Year CMT Index + 531 bps) | 803,646 | ||||
118,000 | EnLink Midstream Partners LP, 5.05%, 4/1/45 | 93,884 | ||||
145,000 | EnLink Midstream Partners LP, 5.45%, 6/1/47 | 119,941 | ||||
344,000 | EnLink Midstream Partners LP, 5.60%, 4/1/44 | 283,081 | ||||
365,000 | Genesis Energy LP/Genesis Energy Finance Corp., 8.00%, 1/15/27 | 359,217 | ||||
197,000 | Global Partners LP/GLP Finance Corp., 7.00%, 8/1/27 | 192,566 | ||||
310,000 | Venture Global LNG, Inc., 8.125%, 6/1/28 (144A) | 315,078 | ||||
575,000 | Venture Global LNG, Inc., 8.375%, 6/1/31 (144A) | 583,462 | ||||
1,175,000 | Williams Cos., Inc., 5.75%, 6/24/44 | 1,150,190 | ||||
Total Pipelines | $5,991,503 | |||||
REITs — 1.0% | ||||||
890,000 | Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC, 6.00%, 1/15/30 (144A) | $ 588,513 | ||||
10,000 | Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 6.50%, 2/15/29 (144A) | 6,956 | ||||
410,000 | Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 10.50%, 2/15/28 (144A) | 407,548 | ||||
Total REITs | $1,003,017 | |||||
Retail — 0.3% | ||||||
389,000 | Staples, Inc., 7.50%, 4/15/26 (144A) | $ 321,370 | ||||
Total Retail | $321,370 | |||||
13Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Principal Amount USD ($) | Value | |||||
Software — 0.4% | ||||||
505,000 | AthenaHealth Group, Inc., 6.50%, 2/15/30 (144A) | $ 427,892 | ||||
Total Software | $427,892 | |||||
Telecommunications — 3.7% | ||||||
695,000 | Altice France Holding SA, 6.00%, 2/15/28 (144A) | $ 258,649 | ||||
607,000 | Altice France Holding SA, 10.50%, 5/15/27 (144A) | 256,848 | ||||
200,000 | Altice France SA, 8.125%, 2/1/27 (144A) | 163,596 | ||||
750,000(c) | Digicel, Ltd., 6.75%, 3/1/24 | 120,000 | ||||
836,000 | Kenbourne Invest SA, 6.875%, 11/26/24 (144A) | 734,050 | ||||
850,000 | Sprint LLC, 7.625%, 3/1/26 | 884,724 | ||||
850,000 | Total Play Telecomunicaciones SA de CV, 6.375%, 9/20/28 (144A) | 487,624 | ||||
875,000 | Windstream Escrow LLC/Windstream Escrow Finance Corp., 7.75%, 8/15/28 (144A) | 736,978 | ||||
Total Telecommunications | $3,642,469 | |||||
Transportation — 2.5% | ||||||
1,245,000 | Carriage Purchaser, Inc., 7.875%, 10/15/29 (144A) | $ 980,288 | ||||
655,000 | Danaos Corp., 8.50%, 3/1/28 (144A) | 661,852 | ||||
400,000 | Simpar Europe SA, 5.20%, 1/26/31 (144A) | 323,486 | ||||
575,000 | Watco Cos. LLC/Watco Finance Corp., 6.50%, 6/15/27 (144A) | 550,942 | ||||
965,000 | Western Global Airlines LLC, 10.375%, 8/15/25 (144A) | 4,825 | ||||
Total Transportation | $2,521,393 | |||||
Trucking & Leasing — 0.3% | ||||||
325,000 | Fortress Transportation and Infrastructure Investors LLC, 9.75%, 8/1/27 (144A) | $ 338,379 | ||||
Total Trucking & Leasing | $338,379 | |||||
Total Corporate Bonds (Cost $98,161,600) | $89,576,065 | |||||
Shares | ||||||
Preferred Stock — 0.6% of Net Assets | ||||||
Capital Markets — 0.1% | ||||||
1,322 | B Riley Financial, Inc., 6.75%, 5/31/24 | $ 32,204 | ||||
Total Capital Markets | $32,204 | |||||
Pioneer Diversified High Income Fund, Inc. | | 7/31/2314
Schedule of Investments | 7/31/23
(unaudited) (continued)
Shares | Value | |||||
Financial Services — 0.5% | ||||||
500(e)(j) | Compeer Financial ACA, 6.75% (3 Month USD LIBOR + 484 bps) (144A) | $ 503,758 | ||||
Total Financial Services | $503,758 | |||||
Internet — 0.0%† | ||||||
50,188 | MYT Holding LLC, 10.00%, 6/6/29 | $ 28,858 | ||||
Total Internet | $28,858 | |||||
Total Preferred Stock (Cost $624,106) | $564,820 | |||||
Right/Warrant — 0.0%† of Net Assets | ||||||
Trading Companies & Distributors — 0.0%† | ||||||
GBP6,475(d) | Avation Plc, 1/1/59 | $ 4,155 | ||||
Total Trading Companies & Distributors | $4,155 | |||||
Total Right/Warrant (Cost $—) | $4,155 | |||||
Principal Amount USD ($) | ||||||
Insurance-Linked Securities — 25.3% of Net Assets# | ||||||
Event Linked Bonds — 12.0% | ||||||
Earthquakes – California — 0.6% | ||||||
250,000(a) | Sutter Re, 15.159%, (3 Month U.S. Treasury Bill + 975 bps), 6/19/26 (144A) | $ 251,750 | ||||
300,000(a) | Torrey Pines Re, 10.409%, (3 Month U.S. Treasury Bill + 500 bps), 6/5/26 (144A) | 301,950 | ||||
$553,700 | ||||||
Earthquakes – U.S. — 0.3% | ||||||
250,000(a) | Ursa Re, 10.909%, (3 Month U.S. Treasury Bill + 550 bps), 12/6/25 (144A) | $ 250,000 | ||||
Flood – U.S. — 0.7% | ||||||
250,000(a) | FloodSmart Re, 17.239%, (3 Month U.S. Treasury Bill + 1,183 bps), 2/25/25 (144A) | $ 243,650 | ||||
250,000(a) | FloodSmart Re, 18.989%, (3 Month U.S. Treasury Bill + 1,358 bps), 3/1/24 (144A) | 241,750 | ||||
250,000(a) | FloodSmart Re, 21.659%, (1 Month U.S. Treasury Bill + 1,625 bps), 3/11/26 (144A) | 257,350 | ||||
$742,750 | ||||||
15Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Principal Amount USD ($) | Value | |||||
Multiperil – Florida — 0.5% | ||||||
500,000(a) | Sanders Re, 13.409%, (3 Month U.S. Treasury Bill + 800 bps), 6/5/26 (144A) | $ 509,500 | ||||
Multiperil – U.S. — 2.8% | ||||||
400,000(a) | Caelus Re V, 5.533%, (1 Month USD LIBOR + 10 bps), 6/5/24 (144A) | $ 32,000 | ||||
250,000(a) | Four Lakes Re, 12.709%, (3 Month U.S. Treasury Bill + 730 bps), 1/5/24 (144A) | 244,675 | ||||
250,000(a) | Four Lakes Re, 15.569%, (3 Month U.S. Treasury Bill + 1,016 bps), 1/5/24 (144A) | 244,925 | ||||
500,000(a) | Matterhorn Re, 13.00%, (SOFR + 775 bps), 3/24/25 (144A) | 478,550 | ||||
375,000(a) | Residential Re, 12.409%, (3 Month U.S. Treasury Bill + 700 bps), 12/6/26 (144A) | 372,337 | ||||
500,000(a) | Residential Re, 17.319%, (3 Month U.S. Treasury Bill + 1,191 bps), 12/6/25 (144A) | 475,900 | ||||
250,000(a) | Residential Re, 17.799%, (3 Month U.S. Treasury Bill + 1,239 bps), 12/6/23 (144A) | 238,075 | ||||
250,000(a) | Sanders Re III, 11.159%, (3 Month U.S. Treasury Bill + 575 bps), 4/7/27 (144A) | 245,975 | ||||
250,000(a) | Solomon Re, 10.659%, (3 Month U.S. Treasury Bill + 525 bps), 6/8/26 (144A) | 250,150 | ||||
250,000(a) | Stabilitas Re, 13.909%, (3 Month U.S. Treasury Bill + 850 bps), 6/5/26 (144A) | 251,975 | ||||
$2,834,562 | ||||||
Multiperil – U.S. & Canada — 1.7% | ||||||
250,000(a) | Kilimanjaro III Re, 17.769%, (3 Month U.S. Treasury Bill + 1,236 bps), 4/21/25 (144A) | $ 237,275 | ||||
250,000(a) | Kilimanjaro III Re, 17.769%, (3 Month U.S. Treasury Bill + 1,236 bps), 4/20/26 (144A) | 232,825 | ||||
250,000(a) | Matterhorn Re, 10.949%, (SOFR + 575 bps), 12/8/25 (144A) | 223,450 | ||||
250,000(a) | Mona Lisa Re, 17.909%, (3 Month U.S. Treasury Bill + 1,250 bps), 1/8/26 (144A) | 269,000 | ||||
250,000(a) | Mystic Re IV, 11.539%, (3 Month U.S. Treasury Bill + 613 bps), 1/8/25 (144A) | 234,800 | ||||
500,000(a) | Mystic Re IV, 11.69%, (3 Month U.S. Treasury Bill + 1,160 bps), 1/8/25 (144A) | 471,050 | ||||
$1,668,400 | ||||||
Pioneer Diversified High Income Fund, Inc. | | 7/31/2316
Schedule of Investments | 7/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Multiperil – U.S. Regional — 0.5% | ||||||
250,000(a) | Aquila Re, 12.909%, (3 Month U.S. Treasury Bill + 750 bps), 6/8/26 (144A) | $ 249,800 | ||||
250,000(a) | Aquila Re, 14.659%, (3 Month U.S. Treasury Bill + 925 bps), 6/8/26 (144A) | 253,125 | ||||
$502,925 | ||||||
Multiperil – Worldwide — 0.3% | ||||||
250,000(a) | Atlas Capital Re, 12.55%, (SOFR + 725 bps), 6/5/26 (144A) | $ 251,825 | ||||
Pandemic – U.S — 0.2% | ||||||
250,000(a) | Vitality Re XI, 7.209%, (3 Month U.S. Treasury Bill + 180 bps), 1/9/24 (144A) | $ 247,150 | ||||
Windstorm – Florida — 0.2% | ||||||
250,000(a) | Integrity Re, 12.409%, (3 Month U.S. Treasury Bill + 700 bps), 6/6/25 (144A) | $ 225,000 | ||||
Windstorm – Jamaica — 0.2% | ||||||
250,000(a) | International Bank for Reconstruction & Development, 9.686%, (SOFR + 440 bps), 12/29/23 (144A) | $ 245,225 | ||||
Windstorm – North Carolina — 0.5% | ||||||
250,000(a) | Cape Lookout Re, 9.109%, (1 Month U.S. Treasury Bill + 370 bps), 3/22/24 (144A) | $ 243,050 | ||||
250,000(a) | Cape Lookout Re, 10.409%, (3 Month U.S. Treasury Bill + 500 bps), 3/28/25 (144A) | 235,700 | ||||
$478,750 | ||||||
Windstorm – U.S. — 2.5% | ||||||
250,000(a) | Alamo Re, 13.909%, (1 Month U.S. Treasury Bill + 850 bps), 6/7/26 (144A) | $ 252,250 | ||||
250,000(a) | Bonanza Re, 11.159%, (3 Month U.S. Treasury Bill + 575 bps), 3/16/25 (144A) | 175,000 | ||||
250,000(a) | Bonanza Re, 13.659%, (3 Month U.S. Treasury Bill + 825 bps), 1/8/26 (144A) | 246,900 | ||||
250,000(a) | Cape Lookout Re, 11.909%, (1 Month U.S. Treasury Bill + 650 bps), 4/28/26 (144A) | 252,625 | ||||
250,000(a) | Gateway Re, 18.409%, (1 Month U.S. Treasury Bill + 1,300 bps), 2/24/26 (144A) | 260,325 | ||||
250,000(a) | Gateway Re II, 14.909%, (3 Month U.S. Treasury Bill + 950 bps), 4/27/26 (144A) | 246,775 | ||||
250,000(a) | Merna Re II, 15.659%, (3 Month U.S. Treasury Bill + 1,025 bps), 7/7/26 (144A) | 258,925 |
17Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Principal Amount USD ($) | Value | ||||||
Windstorm – U.S. — (continued) | |||||||
250,000(a) | Purple Re, 17.659%, (1 Month U.S. Treasury Bill + 1,225 bps), 4/24/26 (144A) | $ 249,475 | |||||
500,000(a) | Queen Street Re, 12.909%, (3 Month U.S. Treasury Bill + 750 bps), 12/8/25 (144A) | 501,350 | |||||
$2,443,625 | |||||||
Windstorm – U.S. Regional — 0.5% | |||||||
250,000(a) | Citrus Re, 12.136%, (3 Month U.S. Treasury Bill + 675 bps), 6/7/26 (144A) | $ 250,725 | |||||
250,000(a) | Citrus Re, 14.386%, (3 Month U.S. Treasury Bill + 900 bps), 6/7/26 (144A) | 249,400 | |||||
$500,125 | |||||||
Winterstorm – Florida — 0.5% | |||||||
250,000(a) | Integrity Re, 17.409%, (1 Month U.S. Treasury Bill + 1,200 bps), 6/6/25 (144A) | $ 253,650 | |||||
250,000(a) | Lightning Re, 16.409%, (3 Month U.S. Treasury Bill + 1,100 bps), 3/31/26 (144A) | 256,950 | |||||
$510,600 | |||||||
Total Event Linked Bonds | $11,964,137 | ||||||
Face Amount USD ($) | ||||||
Collateralized Reinsurance — 3.3% | ||||||
Multiperil – Massachusetts — 0.2% | ||||||
250,000(d)(l)+ | Portsalon Re 2022, 5/31/28 | $ 229,230 | ||||
Multiperil – U.S. — 1.1% | ||||||
250,000(d)(l)+ | Ballybunion Re 2020, 2/29/24 | $ 28,244 | ||||
100,000(d)(l)+ | Ballybunion Re 2021-3, 7/31/25 | 2,236 | ||||
264,839(d)(l)+ | Ballybunion Re 2022, 12/31/27 | 5,019 | ||||
250,000(d)(l)+ | Ballybunion Re 2022-2, 5/31/28 | 253,877 | ||||
97,898(d)(l)+ | Ballybunion Re 2022-3, 6/30/28 | 101,286 | ||||
264,416(d)(l)+ | Ballybunion Re 2023, 12/31/28 | 273,045 | ||||
500,000(d)(l)+ | Gamboge Re, 3/31/29 | 455,982 | ||||
$1,119,689 | ||||||
Multiperil – Worldwide — 1.7% | ||||||
250,000(d)(l)+ | Amaranth Re 2023, 12/31/28 | $ 239,618 | ||||
650,000(d)(l)+ | Cypress Re 2017, 1/31/24 | 65 | ||||
462,683(d)(l)+ | Dartmouth Re 2018, 1/31/24 | 69,360 | ||||
100,000(d)(l)+ | Dartmouth Re 2021, 12/31/24 | 32,859 |
Pioneer Diversified High Income Fund, Inc. | | 7/31/2318
Schedule of Investments | 7/31/23
(unaudited) (continued)
Face Amount USD ($) | Value | |||||
Multiperil – Worldwide — (continued) | ||||||
27,000(d)(l)+ | Limestone Re 2019-2B, 10/1/23 (144A) | $ — | ||||
500,000(d)(l)+ | Merion Re 2023-1, 12/31/28 | 490,876 | ||||
250,000(d)(l)+ | Old Head Re 2022, 12/31/27 | 125,000 | ||||
250,000(d)(l)+ | Old Head Re 2023, 12/31/28 | 222,534 | ||||
250,000(d)(l)+ | Porthcawl Re 2023, 12/31/28 | 234,852 | ||||
700,000(d)(l)+ | Resilience Re, 5/1/24 | — | ||||
250,000(d)(l)+ | Walton Health Re 2019, 6/30/24 | 132,008 | ||||
250,000(d)(l)+ | Walton Health Re 2022, 12/15/27 | 176,160 | ||||
$1,723,332 | ||||||
Windstorm – Florida — 0.0%† | ||||||
750,000(d)(l)+ | Portrush Re 2017, 6/15/24 | $ 75 | ||||
Windstorm – U.S. Regional — 0.3% | ||||||
1,015,734(l)+ | Oakmont Re 2020, 4/30/24 | $ — | ||||
750,000(d)(l)+ | Oakmont Re 2022, 4/1/28 | 235,879 | ||||
$235,879 | ||||||
Total Collateralized Reinsurance | $3,308,205 | |||||
Reinsurance Sidecars — 10.0% | ||||||
Multiperil – U.S. — 0.3% | ||||||
250,000(d)(l)+ | Carnoustie Re 2020, 12/31/23 | $ 28,832 | ||||
226,387(d)(l)+ | Carnoustie Re 2023, 12/31/28 | 246,762 | ||||
1,000,000(d)(m)+ | Harambee Re 2018, 12/31/24 | — | ||||
1,000,000(m)+ | Harambee Re 2019, 12/31/24 | 1,800 | ||||
500,000(m)+ | Harambee Re 2020, 12/31/23 | 7,050 | ||||
$284,444 | ||||||
Multiperil – U.S. Regional — 0.0%† | ||||||
250,000(d)(l)+ | Brotherhood Re, 1/31/24 | $ — | ||||
Multiperil – Worldwide — 9.7% | ||||||
24,550(m)+ | Alturas Re 2019-3, 9/12/23 | $ 2,308 | ||||
225,450(m)+ | Alturas Re 2020-3, 9/30/24 | — | ||||
439,922(d)(m)+ | Alturas Re 2021-2, 12/31/24 | — | ||||
213,682(d)(m)+ | Alturas Re 2021-3, 7/31/25 | 27,052 | ||||
376,048(d)(m)+ | Alturas Re 2022-2, 12/31/27 | ��� 108,715 | ||||
500,000(d)(l)+ | Bantry Re 2021, 12/31/24 | 1,000 | ||||
417,157(d)(l)+ | Bantry Re 2022, 12/31/27 | 48,749 | ||||
1,000,000(d)(l)+ | Bantry Re 2023, 12/31/28 | 1,119,978 | ||||
1,128,124(d)(l)+ | Berwick Re 2019-1, 12/31/24 | 179,936 | ||||
993,323(d)(l)+ | Berwick Re 2020-1, 12/31/23 | 99 | ||||
750,000(d)(l)+ | Berwick Re 2022, 12/31/27 | 47,819 | ||||
1,000,000(d)(l)+ | Berwick Re 2023, 12/31/28 | 1,119,971 |
19Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Face Amount USD ($) | Value | |||||
Multiperil – Worldwide — (continued) | ||||||
500,000(l)+ | Eccleston Re 2023, 11/30/28 | $ 514,574 | ||||
70,000(d)(l)+ | Eden Re II, 3/22/24 (144A) | 25,690 | ||||
49,927(d)(l)+ | Eden Re II, 3/21/25 (144A) | 17,365 | ||||
80,000(d)(l)+ | Eden Re II, 3/20/26 (144A) | 48,662 | ||||
300,000(d)(l)+ | Eden Re II, 3/19/27 (144A) | 318,660 | ||||
250,000(d)(l)+ | Gleneagles Re 2021, 12/31/24 | 25 | ||||
250,000(d)(l)+ | Gleneagles Re 2022, 12/31/27 | 123,581 | ||||
1,059,157(l)+ | Gullane Re 2018, 12/31/24 | 50,018 | ||||
1,000,000(d)(l)+ | Gullane Re 2023, 12/31/28 | 1,109,346 | ||||
250,000(d)(m)+ | Lion Rock Re 2020, 1/31/24 | — | ||||
250,000(d)(m)+ | Lion Rock Re 2021, 12/31/24 | 52,325 | ||||
498,977(d)(m)+ | Lorenz Re 2019, 6/30/24 | 5,539 | ||||
500,000(l)+ | Merion Re 2018-2, 12/31/24 | 34,992 | ||||
500,000(d)(l)+ | Merion Re 2021-2, 12/31/24 | 98,250 | ||||
363,953(d)(l)+ | Merion Re 2022-2, 12/31/27 | 345,068 | ||||
1,000,000(d)(l)+ | Pangaea Re 2023-1, 12/31/28 | 1,120,000 | ||||
250,000(l)+ | Pangaea Re 2023-3, 5/31/29 | 260,000 | ||||
250,000(d)(l)+ | Phoenix 3 Re 2023-3, 1/4/27 | 264,950 | ||||
200,000(l)+ | Sector Re V, 3/1/24 (144A) | 101,480 | ||||
25,000(l)+ | Sector Re V, 12/1/24 (144A) | 43,035 | ||||
15,000(a)(d)(l)+ | Sector Re V, 12/1/26 (144A) | 86,337 | ||||
4,500(a)(d)(l)+ | Sector Re V, 12/1/26 (144A) | 25,901 | ||||
500,000(d)(l)+ | Sector Re V, 12/1/27 (144A) | 545,850 | ||||
515,671(l)+ | Sussex Re 2020-1, 12/31/24 | 670 | ||||
250,000(l)+ | Sussex Re 2021-1, 12/31/24 | 8,200 | ||||
500,000(d)(l)+ | Sussex Re 2022, 12/31/27 | 39,750 | ||||
313,499(m)+ | Thopas Re 2019, 12/31/24 | 1,035 | ||||
300,000(m)+ | Thopas Re 2020, 12/31/23 | — | ||||
250,000(m)+ | Thopas Re 2021, 12/31/24 | 4,025 | ||||
250,000(m)+ | Thopas Re 2022, 12/31/27 | — | ||||
766,025(d)(m)+ | Thopas Re 2023, 12/31/28 | 852,509 | ||||
375,860(m)+ | Torricelli Re 2021, 7/31/25 | 11,877 | ||||
500,000(d)(m)+ | Torricelli Re 2022, 6/30/28 | — | ||||
750,000(m)+ | Torricelli Re 2023, 6/30/29 | 768,930 | ||||
500,000(d)(m)+ | Viribus Re 2018, 12/31/24 | — | ||||
212,306(m)+ | Viribus Re 2019, 12/31/24 | 1,507 | ||||
240,783(d)(m)+ | Viribus Re 2020, 12/31/23 | 8,307 | ||||
221,888(m)+ | Viribus Re 2022, 12/31/27 | 10,917 |
Pioneer Diversified High Income Fund, Inc. | | 7/31/2320
Schedule of Investments | 7/31/23
(unaudited) (continued)
Face Amount USD ($) | Value | |||||
Multiperil – Worldwide — (continued) | ||||||
507,289(d)(l)+ | Woburn Re 2018, 12/31/24 | $ 10,061 | ||||
499,829(d)(l)+ | Woburn Re 2019, 12/31/24 | 86,511 | ||||
$9,651,574 | ||||||
Total Reinsurance Sidecars | $9,936,018 | |||||
Total Insurance-Linked Securities (Cost $25,559,182) | $25,208,360 | |||||
Principal Amount USD ($) | ||||||
Foreign Government Bonds — 1.0% of Net Assets | ||||||
Angola — 0.4% | ||||||
448,000 | Angolan Government International Bond, 8.250%, 5/9/28 (144A) | $ 412,048 | ||||
Total Angola | $412,048 | |||||
Ghana — 0.4% | ||||||
320,000(c) | Ghana Government International Bond, 7.875%, 2/11/35 (144A) | $ 145,600 | ||||
500,000(c) | Ghana Government International Bond, 8.627%, 6/16/49 | 222,500 | ||||
Total Ghana | $368,100 | |||||
Ukraine — 0.2% | ||||||
750,000(c) | Ukraine Government International Bond, 8.994%, 2/1/26 (144A) | $ 241,289 | ||||
Total Ukraine | $241,289 | |||||
Total Foreign Government Bonds (Cost $2,022,397) | $1,021,437 | |||||
21Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Shares | Value | |||||
SHORT TERM INVESTMENTS — 0.1% of Net Assets | ||||||
Open-End Fund — 0.1% | ||||||
141,400(n) | Dreyfus Government Cash Management, Institutional Shares, 5.14% | $ 141,400 | ||||
$141,400 | ||||||
TOTAL SHORT TERM INVESTMENTS (Cost $141,400) | $141,400 | |||||
Number of Contracts | Description | Counterparty | Amount | Strike Price | Expiration Date | |
Over The Counter (OTC) Currency Put Option Purchased — 0.0%† | ||||||
1,350,000 | Put EUR Call USD | Goldman Sachs & Co. | EUR 28,531 | EUR 1.02 | 11/28/23 | $1,098 |
Total Over The Counter (OTC) Currency Put Option Purchased (Premiums paid $ 28,531) | $1,098 | |||||
TOTAL OPTIONS PURCHASED (Premiums paid $ 28,531) | $1,098 | |||||
TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 140.5% (Cost $152,635,905) | $139,998,096 | |||||
Over The Counter (OTC) Currency Call Option Written — (0.0%)† | ||||||
(1,350,000) | Call EUR Put USD | Citibank NA | EUR 28,531 | EUR 1.10 | 11/28/23 | $(26,591) |
Total Over The Counter (OTC) Currency Call Option Written (Premiums received $28,531) | $(26,591) | |||||
OTHER ASSETS AND LIABILITIES — (40.5)% | $(40,374,761) | |||||
net assets — 100.0% | $99,596,744 | |||||
bps | Basis Points. |
CMT | Constant Maturity Treasury Index. |
FREMF | Freddie Mac Multifamily Fixed-Rate Mortgage Loans. |
FRESB | Freddie Mac Multifamily Small Balance Certificates. |
LIBOR | London Interbank Offered Rate. |
REIT | Real Estate Investment Trust. |
SOFR | Secured Overnight Financing Rate. |
SOFR30A | Secured Overnight Financing Rate 30 Day Average. |
Pioneer Diversified High Income Fund, Inc. | | 7/31/2322
Schedule of Investments | 7/31/23
(unaudited) (continued)
(144A) | The resale of such security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold normally to qualified institutional buyers. At July 31, 2023, the value of these securities amounted to $109,428,650, or 109.9% of net assets. |
(a) | Floating rate note. Coupon rate, reference index and spread shown at July 31, 2023. |
(b) | This term loan will settle after July 31, 2023, at which time the interest rate will be determined. |
(c) | Security is in default. |
(d) | Non-income producing security. |
(e) | The interest rate is subject to change periodically. The interest rate and/or reference index and spread shown at July 31, 2023. |
(f) | Security represents the interest-only portion payments on a pool of underlying mortgages or mortgage-backed securities. |
(g) | Security issued with a zero coupon. Income is recognized through accretion of discount. |
(h) | Security is priced as a unit. |
(i) | Payment-in-kind (PIK) security which may pay interest in the form of additional principal amount. |
(j) | Security is perpetual in nature and has no stated maturity date. |
(k) | Debt obligation initially issued at one coupon which converts to a higher coupon at a specific date. The rate shown is the rate at July 31, 2023. |
(l) | Issued as participation notes. |
(m) | Issued as preference shares. |
(n) | Rate periodically changes. Rate disclosed is the 7-day yield at July 31, 2023. |
* | Senior secured floating rate loan interests in which the Fund invests generally pay interest at rates that are periodically re-determined by reference to a base lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as LIBOR or SOFR, (ii) the prime rate offered by one or more major United States banks, (iii) the rate of a certificate of deposit or (iv) other base lending rates used by commercial lenders. The interest rate shown is the rate accruing at July 31, 2023. |
† | Amount rounds to less than 0.1%. |
+ | Security is valued using significant unobservable inputs (Level 3). |
# | Securities are restricted as to resale. |
Restricted Securities | Acquisition date | Cost | Value |
Alamo Re | 4/12/2023 | $250,000 | $252,250 |
Alturas Re 2019-3 | 6/26/2019 | 24,550 | 2,308 |
Alturas Re 2020-3 | 8/3/2020 | — | — |
Alturas Re 2021-2 | 2/16/2021 | 22,989 | — |
Alturas Re 2021-3 | 8/16/2021 | 50,285 | 27,052 |
Alturas Re 2022-2 | 1/18/2022 | 113,382 | 108,715 |
Amaranth Re 2023 | 1/27/2023 | 208,962 | 239,618 |
23Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Restricted Securities | Acquisition date | Cost | Value |
Aquila Re | 5/10/2023 | $250,000 | $249,800 |
Aquila Re | 5/10/2023 | 250,000 | 253,125 |
Atlas Capital Re | 5/17/2023 | 250,000 | 251,825 |
Ballybunion Re 2020 | 12/31/2019 | 17,156 | 28,244 |
Ballybunion Re 2021-3 | 8/2/2021 | 2,102 | 2,236 |
Ballybunion Re 2022 | 3/9/2022 | 423 | 5,019 |
Ballybunion Re 2022-2 | 8/9/2022 | 250,000 | 253,877 |
Ballybunion Re 2022-3 | 8/9/2022 | 97,898 | 101,286 |
Ballybunion Re 2023 | 3/21/2023 | 264,416 | 273,045 |
Bantry Re 2021 | 1/11/2021 | 8,143 | 1,000 |
Bantry Re 2022 | 2/2/2022 | 30,944 | 48,749 |
Bantry Re 2023 | 1/12/2023 | 1,000,000 | 1,119,978 |
Berwick Re 2019-1 | 12/31/2018 | 134,801 | 179,936 |
Berwick Re 2020-1 | 9/24/2020 | — | 99 |
Berwick Re 2022 | 12/31/2021 | 46,769 | 47,819 |
Berwick Re 2023 | 2/1/2023 | 1,000,000 | 1,119,971 |
Bonanza Re | 1/6/2023 | 250,000 | 246,900 |
Bonanza Re | 7/25/2023 | 208,046 | 175,000 |
Brotherhood Re | 1/22/2018 | 39,767 | — |
Caelus Re V | 4/27/2017 | 400,000 | 32,000 |
Cape Lookout Re | 3/9/2021 | 250,000 | 243,050 |
Cape Lookout Re | 3/16/2022 | 250,000 | 235,700 |
Cape Lookout Re | 4/14/2023 | 250,000 | 252,625 |
Carnoustie Re 2020 | 7/16/2020 | 6,309 | 28,832 |
Carnoustie Re 2023 | 3/22/2023 | 226,387 | 246,762 |
Citrus Re | 4/27/2023 | 250,000 | 249,400 |
Citrus Re | 4/27/2023 | 250,000 | 250,725 |
Cypress Re 2017 | 1/24/2017 | 2,185 | 65 |
Dartmouth Re 2018 | 1/18/2018 | 159,773 | 69,360 |
Dartmouth Re 2021 | 1/19/2021 | 13,333 | 32,859 |
Eccleston Re 2023 | 7/13/2023 | 500,000 | 514,574 |
Eden Re II | 12/23/2019 | 57,847 | 25,690 |
Eden Re II | 1/25/2021 | 39,921 | 17,365 |
Eden Re II | 1/21/2022 | 69,182 | 48,662 |
Eden Re II | 1/17/2023 | 300,000 | 318,660 |
FloodSmart Re | 2/8/2022 | 248,869 | 241,750 |
FloodSmart Re | 2/14/2022 | 250,000 | 243,650 |
FloodSmart Re | 2/23/2023 | 250,000 | 257,350 |
Four Lakes Re | 11/5/2020 | 250,000 | 244,675 |
Four Lakes Re | 11/5/2020 | 250,000 | 244,925 |
Gamboge Re | 4/20/2023 | 422,596 | 455,982 |
Gateway Re | 2/3/2023 | 250,000 | 260,325 |
Gateway Re II | 4/13/2023 | 250,000 | 246,775 |
Gleneagles Re 2021 | 1/13/2021 | 4,575 | 25 |
Pioneer Diversified High Income Fund, Inc. | | 7/31/2324
Schedule of Investments | 7/31/23
(unaudited) (continued)
Restricted Securities | Acquisition date | Cost | Value |
Gleneagles Re 2022 | 1/18/2022 | $115,769 | $123,581 |
Gullane Re 2018 | 3/26/2018 | — | 50,018 |
Gullane Re 2023 | 1/10/2023 | 1,000,000 | 1,109,346 |
Harambee Re 2018 | 12/19/2017 | 21,232 | — |
Harambee Re 2019 | 12/20/2018 | — | 1,800 |
Harambee Re 2020 | 2/27/2020 | — | 7,050 |
Integrity Re | 5/9/2022 | 250,000 | 225,000 |
Integrity Re | 3/23/2023 | 250,000 | 253,650 |
International Bank for Reconstruction & Development | 7/19/2021 | 250,000 | 245,225 |
Kilimanjaro III Re | 4/8/2021 | 250,000 | 237,275 |
Kilimanjaro III Re | 4/8/2021 | 250,000 | 232,825 |
Lightning Re | 3/20/2023 | 250,000 | 256,950 |
Limestone Re 2019-2B | 6/20/2018 | 230 | — |
Lion Rock Re 2020 | 12/30/2019 | — | — |
Lion Rock Re 2021 | 3/1/2021 | 107,115 | 52,325 |
Lorenz Re 2019 | 6/26/2019 | 93,709 | 5,539 |
Matterhorn Re | 12/15/2021 | 250,000 | 223,450 |
Matterhorn Re | 3/10/2022 | 500,000 | 478,550 |
Merion Re 2018-2 | 12/28/2017 | — | 34,992 |
Merion Re 2021-2 | 12/28/2020 | 136,047 | 98,250 |
Merion Re 2022-2 | 3/1/2022 | 363,953 | 345,068 |
Merion Re 2023-1 | 1/11/2023 | 441,808 | 490,876 |
Merna Re II | 4/5/2023 | 250,000 | 258,925 |
Mona Lisa Re | 12/30/2022 | 250,000 | 269,000 |
Mystic Re IV | 6/9/2021 | 500,000 | 471,050 |
Mystic Re IV | 10/26/2021 | 249,106 | 234,800 |
Oakmont Re 2020 | 12/3/2020 | — | — |
Oakmont Re 2022 | 5/9/2022 | 172,533 | 235,879 |
Old Head Re 2022 | 1/6/2022 | 188,288 | 125,000 |
Old Head Re 2023 | 1/11/2023 | 168,991 | 222,534 |
Pangaea Re 2023-1 | 1/23/2023 | 1,000,000 | 1,120,000 |
Pangaea Re 2023-3 | 7/5/2023 | 250,000 | 260,000 |
Phoenix 3 Re 2023-3 | 12/21/2020 | 224,140 | 264,950 |
Porthcawl Re 2023 | 1/23/2023 | 197,811 | 234,852 |
Portrush Re 2017 | 6/12/2017 | 575,239 | 75 |
Portsalon Re 2022 | 7/15/2022 | 202,158 | 229,230 |
Purple Re | 4/6/2023 | 250,000 | 249,475 |
Queen Street Re | 5/12/2023 | 500,000 | 501,350 |
Residential Re | 11/5/2019 | 250,000 | 238,075 |
Residential Re | 10/28/2021 | 500,000 | 475,900 |
Residential Re | 11/22/2022 | 375,000 | 372,337 |
Resilience Re | 2/8/2017 | 339 | — |
Sanders Re | 5/24/2023 | 500,000 | 509,500 |
25Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Restricted Securities | Acquisition date | Cost | Value |
Sanders Re III | 3/24/2023 | $250,000 | $245,975 |
Sector Re V | 4/23/2019 | 136,333 | 101,480 |
Sector Re V | 12/4/2019 | 419 | 43,035 |
Sector Re V | 12/6/2021 | 15,000 | 86,337 |
Sector Re V | 1/5/2022 | 4,500 | 25,901 |
Sector Re V | 12/30/2022 | 500,000 | 545,850 |
Solomon Re | 6/12/2023 | 250,000 | 250,150 |
Stabilitas Re | 6/7/2023 | 250,000 | 251,975 |
Sussex Re 2020-1 | 1/21/2020 | — | 670 |
Sussex Re 2021-1 | 1/26/2021 | 6,173 | 8,200 |
Sussex Re 2022 | 1/5/2022 | 2,192 | 39,750 |
Sutter Re | 6/6/2023 | 250,000 | 251,750 |
Thopas Re 2019 | 2/13/2019 | — | 1,035 |
Thopas Re 2020 | 12/30/2019 | — | — |
Thopas Re 2021 | 1/22/2021 | — | 4,025 |
Thopas Re 2022 | 2/15/2022 | — | — |
Thopas Re 2023 | 2/13/2023 | 766,025 | 852,509 |
Torrey Pines Re | 5/18/2023 | 300,000 | 301,950 |
Torricelli Re 2021 | 7/2/2021 | — | 11,877 |
Torricelli Re 2022 | 7/26/2022 | — | — |
Torricelli Re 2023 | 7/19/2023 | 750,000 | 768,930 |
Ursa Re | 4/12/2023 | 250,000 | 250,000 |
Viribus Re 2018 | 12/22/2017 | 10,559 | — |
Viribus Re 2019 | 3/25/2019 | — | 1,507 |
Viribus Re 2020 | 3/12/2020 | 24,541 | 8,307 |
Viribus Re 2022 | 4/18/2022 | — | 10,917 |
Vitality Re XI | 1/23/2020 | 250,000 | 247,150 |
Walton Health Re 2019 | 7/18/2019 | 76,159 | 132,008 |
Walton Health Re 2022 | 7/13/2022 | 140,587 | 176,160 |
Woburn Re 2018 | 3/20/2018 | 152,369 | 10,061 |
Woburn Re 2019 | 1/30/2019 | 69,247 | 86,511 |
Total Restricted Securities | $25,208,360 | ||
% of Net assets | 25.3% |
Pioneer Diversified High Income Fund, Inc. | | 7/31/2326
Schedule of Investments | 7/31/23
(unaudited) (continued)
FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS
Currency Purchased | In Exchange for | Currency Sold | Deliver | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) |
EUR | 191,000 | USD | 207,017 | HSBC Bank USA NA | 8/25/23 | $3,261 |
EUR | 2,370,000 | USD | 2,591,645 | JPMorgan Chase Bank NA | 9/28/23 | 21,715 |
USD | 394,960 | GBP | 310,000 | State Street Bank & Trust Co. | 9/26/23 | (2,972) |
USD | 5,478,550 | EUR | 4,890,000 | State Street Bank & Trust Co. | 10/24/23 | 79,655 |
TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS | $101,659 |
Principal amounts are denominated in U.S. dollars (“USD”) unless otherwise noted.
EUR | — Euro |
GBP | — Great British Pound |
IDR | — Indonesian Rupiah |
USD | — United States Dollar |
Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels below.
Level 1 | – | unadjusted quoted prices in active markets for identical securities. |
Level 2 | – | other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
Level 3 | – | significant unobservable inputs (including the Adviser's own assumptions in determining fair value of investments). |
The following is a summary of the inputs used as of July 31, 2023, in valuing the Fund's investments:
Level 1 | Level 2 | Level 3 | Total | |
Senior Secured Floating Rate Loan Interests | $— | $3,280,339 | $— | $3,280,339 |
Common Stocks | ||||
Household Durables | 64 | — | — | 64 |
Oil, Gas & Consumable Fuels | 44 | 110 | — | 154 |
Passenger Airlines | — | — | 324,715 | 324,715 |
Asset Backed Securities | — | 3,413,315 | — | 3,413,315 |
Collateralized Mortgage Obligations | — | 2,793,214 | — | 2,793,214 |
Commercial Mortgage-Backed Securities | — | 11,478,347 | — | 11,478,347 |
Convertible Corporate Bonds | — | 2,190,613 | — | 2,190,613 |
Corporate Bonds | — | 89,576,065 | — | 89,576,065 |
Preferred Stock | ||||
Capital Markets | 32,204 | — | — | 32,204 |
All Other Preferred Stock | — | 532,616 | — | 532,616 |
Right/Warrant | 4,155 | — | — | 4,155 |
27Pioneer Diversified High Income Fund, Inc. | | 7/31/23
Level 1 | Level 2 | Level 3 | Total | |
Insurance-Linked Securities | ||||
Collateralized Reinsurance | ||||
Multiperil – Massachusetts | $— | $— | $229,230 | $229,230 |
Multiperil – U.S. | — | — | 1,119,689 | 1,119,689 |
Multiperil – Worldwide | — | — | 1,723,332 | 1,723,332 |
Windstorm – Florida | — | — | 75 | 75 |
Windstorm – U.S. Regional | — | — | 235,879 | 235,879 |
Reinsurance Sidecars | ||||
Multiperil – U.S. | — | — | 284,444 | 284,444 |
Multiperil – U.S. Regional | — | — | —* | —* |
Multiperil – Worldwide | — | — | 9,651,574 | 9,651,574 |
All Other Insurance-Linked Securities | — | 11,964,137 | — | 11,964,137 |
Foreign Government Bonds | — | 1,021,437 | — | 1,021,437 |
Open-End Fund | 141,400 | — | — | 141,400 |
Over The Counter (OTC) Currency Put Option Purchased | — | 1,098 | — | 1,098 |
Total Investments in Securities | $177,867 | $126,251,291 | $13,568,938 | $139,998,096 |
Other Financial Instruments | ||||
Over The Counter (OTC) Currency Call Option Written | $— | $(26,591) | $— | $(26,591) |
Net unrealized appreciation on forward foreign currency exchange contracts | — | 101,659 | — | 101,659 |
Total Other Financial Instruments | $— | $75,068 | $— | $75,068 |
* | Securities valued at $0. |
Pioneer Diversified High Income Fund, Inc. | | 7/31/2328
Schedule of Investments | 7/31/23
(unaudited) (continued)
The following is a reconciliation of assets valued using significant unobservable inputs (Level 3):
Common Stocks | Insurance- Linked Securities | Total | |
Balance as of 4/30/23 | $268,817 | $12,206,359 | $12,475,176 |
Realized gain (loss) | — | (56,139) | (56,139) |
Changed in unrealized appreciation (depreciation) | 55,898 | 413,579 | 469,477 |
Return of capital | — | (792,947) | (792,947) |
Purchases | — | 2,113,787 | 2,113,787 |
Sales | — | (640,416) | (640,416) |
Transfers in to Level 3* | — | — | — |
Transfers out of Level 3* | — | — | — |
Balance as of 7/31/23 | $324,715 | $13,244,223 | $13,568,938 |
* | Transfers are calculated on the beginning of period value. During the period ended July 31, 2023, there were no transfers in or out of Level 3. | ||
Net change in unrealized appreciation (depreciation) of Level 3 investments still held and considered Level 3 at July 31, 2023: | $490,872 |
29Pioneer Diversified High Income Fund, Inc. | | 7/31/23