Pioneer Floating
Rate Fund, Inc.
Rate Fund, Inc.
Schedule of Investments | August 31, 2023
Ticker Symbol: PHD |
Schedule of Investments | 8/31/23
(unaudited)
Principal Amount USD ($) | Value | |||||
UNAFFILIATED ISSUERS — 147.6% | ||||||
Senior Secured Floating Rate Loan Interests — 124.0% of Net Assets(a)* | ||||||
Advanced Materials — 1.7% | ||||||
894,859 | Gemini HDPE LLC, 2027 Advance, 8.631% (Term SOFR + 300 bps), 12/31/27 | $ 895,418 | ||||
1,372,982 | Groupe Solmax, Inc., Initial Term Loan, 10.254% (Term SOFR + 475 bps), 5/29/28 | 1,277,732 | ||||
Total Advanced Materials | $2,173,150 | |||||
Advertising Sales — 1.6% | ||||||
2,048,922 | Clear Channel Outdoor Holdings, Inc., Term B Loan, 9.131% (Term SOFR + 350 bps), 8/21/26 | $ 2,011,017 | ||||
Total Advertising Sales | $2,011,017 | |||||
Advertising Services — 1.1% | ||||||
491,250 | Dotdash Meredith, Inc., Term B Loan, 9.418% (Term SOFR + 400 bps), 12/1/28 | $ 474,670 | ||||
982,500 | Summer BC Bidco B LLC, USD Additional Facility B2, 10.002% (Term SOFR + 450 bps), 12/4/26 | 950,569 | ||||
Total Advertising Services | $1,425,239 | |||||
Aerospace & Defense — 2.2% | ||||||
843,125 | ADS Tactical, Inc., Initial Term Loan, 11.196% (Term SOFR + 575 bps), 3/19/26 | $ 826,262 | ||||
498,744 | Spirit Aerosystems, Inc. (fka Mid-Western Aircraft Systems, Inc and Onex Wind Finance LP.), 2022 Refinancing Term Loan, 9.619% (Term SOFR + 425 bps), 1/15/27 | 498,557 | ||||
1,518,748 | WP CPP Holdings LLC, First Lien Initial Term Loan, 9.27% (Term SOFR + 375 bps), 4/30/25 | 1,433,952 | ||||
Total Aerospace & Defense | $2,758,771 | |||||
Airlines — 1.5% | ||||||
475,000 | AAdvantage Loyality IP, Ltd. (American Airlines, Inc.), Initial Term Loan, 10.338% (Term SOFR + 475 bps), 4/20/28 | $ 493,970 | ||||
1,000,000 | Mileage Plus Holdings LLC (Mileage Plus Intellectual Property Assets, Ltd.), Initial Term Loan, 10.764% (Term SOFR + 525 bps), 6/21/27 | 1,043,750 | ||||
289,000 | SkyMiles IP, Ltd. (Delta Air Lines, Inc.), Initial Term Loan, 9.076% (Term SOFR + 375 bps), 10/20/27 | 300,816 | ||||
Total Airlines | $1,838,536 | |||||
1Pioneer Floating Rate Fund, Inc. | | 8/31/23
Principal Amount USD ($) | Value | |||||
Apparel Manufacturers — 0.6% | ||||||
723,187 | Hanesbrands Inc., Initial Tranche B Term Loan, 9.081% (Term SOFR + 375 bps), 3/8/30 | $ 724,317 | ||||
Total Apparel Manufacturers | $724,317 | |||||
Applications Software — 2.0% | ||||||
830,825 | Central Parent Inc., First Lien Initial Term Loan, 9.492% (Term SOFR + 425 bps), 7/6/29 | $ 832,491 | ||||
546,118 | EP Purchaser LLC, First Lien Closing Date Term Loan, 9.003% (Term SOFR + 350 bps), 11/6/28 | 531,782 | ||||
872,276(b) | Loyalty Ventures, Inc., Term B Loan, 9.943% (LIBOR + 650 bps), 11/3/27 | 109,034 | ||||
998,731(c) | RealPage, Inc., First Lien Initial Term Loan, 8.446% (Term SOFR + 300 bps), 4/24/28 | 989,090 | ||||
Total Applications Software | $2,462,397 | |||||
Athletic Equipment — 0.2% | ||||||
220,000 | Recess Holdings, Inc., Term Loan, 9.383% (Term SOFR + 400 bps), 3/17/27 | $ 220,275 | ||||
Total Athletic Equipment | $220,275 | |||||
Auction House & Art Dealer — 0.4% | ||||||
490,000 | Sotheby's, 2021 Second Refinancing Term Loan, 10.07% (Term SOFR + 450 bps), 1/15/27 | $ 478,363 | ||||
Total Auction House & Art Dealer | $478,363 | |||||
Auto Parts & Equipment — 2.9% | ||||||
412,750 | Adient US LLC, Term B-1 Loan, 8.696% (Term SOFR + 325 bps), 4/10/28 | $ 413,819 | ||||
1,843,588 | First Brands Group LLC, First Lien 2021 Term Loan, 10.881% (Term SOFR + 500 bps), 3/30/27 | 1,822,272 | ||||
1,557,007 | IXS Holdings, Inc., Initial Term Loan, 9.851% (Term SOFR + 425 bps), 3/5/27 | 1,369,193 | ||||
Total Auto Parts & Equipment | $3,605,284 | |||||
Auto-Truck Trailers — 1.0% | ||||||
343,306 | American Trailer World Corp., First Lien Initial Term Loan, 9.181% (Term SOFR + 375 bps), 3/3/28 | $ 325,068 | ||||
987,500 | Novae LLC, Tranche B Term Loan, 10.338% (Term SOFR + 500 bps), 12/22/28 | 923,313 | ||||
Total Auto-Truck Trailers | $1,248,381 | |||||
Pioneer Floating Rate Fund, Inc. | | 8/31/232
Schedule of Investments | 8/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Beverages — 0.5% | ||||||
165,000 | Naked Juice LLC, First Lien Initial Term Loan, 8.592% (Term SOFR + 325 bps), 1/24/29 | $ 156,796 | ||||
497,500 | Pegasus BidCo BV, Initial Dollar Term Loan, 9.615% (Term SOFR + 425 bps), 7/12/29 | 498,744 | ||||
Total Beverages | $655,540 | |||||
Broadcast Service & Programing — 0.6% | ||||||
740,625 | Univision Communications, Inc., First Lien Initial Term Loan, 8.696% (Term SOFR + 325 bps), 1/31/29 | $ 733,774 | ||||
Total Broadcast Service & Programing | $733,774 | |||||
Building & Construction — 1.1% | ||||||
500,000 | DG Investment Intermediate Holdings 2, Inc., Second Lien Initial Term Loan, 12.196% (Term SOFR + 675 bps), 3/30/29 | $ 443,281 | ||||
978,945 | Service Logic Acquisition, Inc., First Lien Closing Date Initial Term Loan, 9.631% (Term SOFR + 400 bps), 10/29/27 | 975,885 | ||||
Total Building & Construction | $1,419,166 | |||||
Building & Construction Products — 1.9% | ||||||
1,447,643 | Cornerstone Building Brands, Inc., Tranche B Term Loan, 8.66% (Term SOFR + 325 bps), 4/12/28 | $ 1,416,654 | ||||
563,057 | CP Atlas Buyer, Inc., Term B Loan, 9.181% (Term SOFR + 375 bps), 11/23/27 | 542,490 | ||||
447,716 | Jeld-Wen, Inc., Replacement Term Loan, 7.696% (Term SOFR + 225 bps), 7/28/28 | 447,611 | ||||
Total Building & Construction Products | $2,406,755 | |||||
Building Production — 1.6% | ||||||
492,500 | Chariot Buyer LLC., First Lien Initial Term Loan, 8.681% (Term SOFR + 325 bps), 11/3/28 | $ 488,242 | ||||
748,125 | Koppers Inc., Initial Term Loan, 9.40% (Term SOFR + 400 bps), 4/10/30 | 744,384 | ||||
837,250 | Vector WP MidCo, Inc. (Vector Canada Acquisition ULC), Initial Term B Loan, 10.435% (Term SOFR + 500 bps), 10/12/28 | 831,494 | ||||
Total Building Production | $2,064,120 | |||||
Building-Air & Heating — 0.3% | ||||||
333,945 | Emerald Borrower LP, Initial Term B Loan, 8.331% (Term SOFR + 300 bps), 5/31/30 | $ 334,519 | ||||
Total Building-Air & Heating | $334,519 | |||||
3Pioneer Floating Rate Fund, Inc. | | 8/31/23
Principal Amount USD ($) | Value | |||||
Building-Heavy Construction — 0.6% | ||||||
742,443 | Osmose Utilities Services, Inc., First Lien Initial Term Loan, 8.696% (Term SOFR + 325 bps), 6/23/28 | $ 738,035 | ||||
Total Building-Heavy Construction | $738,035 | |||||
Building-Maintenance & Service — 0.6% | ||||||
736,875 | ArchKey Holdings, Inc., First Lien Initial Term Loan, 10.788% (Term SOFR + 525 bps), 6/29/28 | $ 735,493 | ||||
Total Building-Maintenance & Service | $735,493 | |||||
Cable & Satellite Television — 2.8% | ||||||
1,926,972 | Altice France S.A., USD TLB-[14] Loan, 10.808% (Term SOFR + 550 bps), 8/15/28 | $ 1,693,326 | ||||
505,500 | DIRECTV Financing LLC, Closing Date Term Loan, 10.446% (Term SOFR + 500 bps), 8/2/27 | 500,740 | ||||
1,034,373 | Radiate Holdco LLC, Amendment No. 6 Term B Loan, 8.696% (Term SOFR + 325 bps), 9/25/26 | 854,076 | ||||
500,000 | Virgin Media Bristol LLC, Facility Q, 8.675% (Term SOFR + 325 bps), 1/31/29 | 495,562 | ||||
Total Cable & Satellite Television | $3,543,704 | |||||
Casino Hotels — 0.4% | ||||||
493,750 | Century Casinos, Inc., Term B Facility Loan, 11.418% (Term SOFR + 600 bps), 4/2/29 | $ 480,583 | ||||
Total Casino Hotels | $480,583 | |||||
Casino Services — 0.6% | ||||||
535,799 | Everi Holdings, Inc., Term B Loan, 7.946% (Term SOFR + 250 bps), 8/3/28 | $ 536,335 | ||||
566,160(b) | Lucky Bucks LLC, Initial Term Loan, 10.944% (LIBOR + 750 bps), 7/30/27 | 180,463 | ||||
19,978 | Lucky Bucks LLC, New Money OpCo DIP Loan, 15.313% (Term SOFR + 1000 bps), 10/6/23 | 19,978 | ||||
Total Casino Services | $736,776 | |||||
Cellular Telecom — 1.7% | ||||||
541,688 | CCI Buyer, Inc., First Lien Initial Term Loan, 9.242% (Term SOFR + 400 bps), 12/17/27 | $ 536,948 | ||||
845,250 | Gogo Intermediate Holdings LLC, Initial Term Loan, 9.196% (Term SOFR + 375 bps), 4/30/28 | 846,835 | ||||
736,875 | Xplore Inc., First Lien Refinancing Term Loan, 9.446% (Term SOFR + 400 bps), 10/2/28 | 594,106 | ||||
350,000 | Xplore, Inc., Second Lien Initial Term Loan, 12.445% (Term SOFR + 700 bps), 10/1/29 | 175,875 | ||||
Total Cellular Telecom | $2,153,764 | |||||
Pioneer Floating Rate Fund, Inc. | | 8/31/234
Schedule of Investments | 8/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Chemicals-Diversified — 2.1% | ||||||
1,000,000 | ARC Falcon I, Inc., Second Lien Initial Term Loan, 12.431% (Term SOFR + 700 bps), 9/30/29 | $ 905,000 | ||||
440,550 | Hexion Holdings Corp., First Lien Initial Term Loan, 10.033% (Term SOFR + 450 bps), 3/15/29 | 422,267 | ||||
300,000 | Ineos US Finance LLC, 2030 Dollar Term Loan, 8.931% (Term SOFR + 350 bps), 2/18/30 | 298,612 | ||||
162,500 | LSF11 A5 Holdco LLC, Fourth Amendment Incremental Term Loan, 9.681% (Term SOFR + 425 bps), 10/15/28 | 162,236 | ||||
497,481 | LSF11 A5 HoldCo LLC, Term Loan, 8.946% (Term SOFR + 350 bps), 10/15/28 | 494,061 | ||||
374,063 | Momentive Performance Materials Inc., Initial Term Loan, 9.831% (Term SOFR + 450 bps), 3/29/28 | 371,725 | ||||
Total Chemicals-Diversified | $2,653,901 | |||||
Chemicals-Specialty — 3.0% | ||||||
351,895 | Avient Corp., Term B-7 Loan, 7.872% (Term SOFR + 250 bps), 8/29/29 | $ 353,215 | ||||
249,375 | H.B. Fuller Company, Term Loan B, 7.581% (Term SOFR + 225 bps), 2/15/30 | 250,199 | ||||
300,000 | Ineos Quattro Holdings UK Limited, 2030 Tranche B Dollar Term Loan, 9.181% (Term SOFR + 375 bps), 3/14/30 | 297,750 | ||||
980,000 | Mativ Holdings, Inc., Term B Loan, 9.196% (Term SOFR + 375 bps), 4/20/28 | 965,913 | ||||
400,000 | Nouryon Finance B.V., 2023 Term Loan, 9.347% (Term SOFR + 400 bps), 4/3/28 | 399,750 | ||||
450,000 | Nouryon Finance B.V., Extended Dollar Term Loan, 9.318% (Term SOFR + 400 bps), 4/3/28 | 449,100 | ||||
11,039 | Nouryon Finance B.V., Initial Dollar Term Loan, 8.068% (Term SOFR + 300 bps), 10/1/25 | 11,048 | ||||
400,000 | Olympus Water US Holding Corp., 2023 Incremental Term Loan, 10.268% (Term SOFR + 500 bps), 11/9/28 | 398,600 | ||||
650,038 | Olympus Water US Holding Corp., Initial Dollar Term Loan, 9.253% (Term SOFR + 375 bps), 11/9/28 | 641,181 | ||||
Total Chemicals-Specialty | $3,766,756 | |||||
Commercial Services — 2.8% | ||||||
500,000(c) | AEA International Holdings (Luxembourg) S.a.r.l., First Lien Initial Term Loan, 9/7/28 | $ 500,625 | ||||
536,444 | CoreLogic, Inc. (fka First American Corporation), First Lien Initial Term Loan, 8.946% (Term SOFR + 350 bps), 6/2/28 | 502,134 | ||||
477,500 | Corporation Service Company, Initial Tranche B USD Term Loan, 8.681% (Term SOFR + 325 bps), 11/2/29 | 478,455 |
5Pioneer Floating Rate Fund, Inc. | | 8/31/23
Principal Amount USD ($) | Value | |||||
Commercial Services — (continued) | ||||||
227,806 | Pre-Paid Legal Services, Inc., First Lien Initial Term Loan, 9.196% (Term SOFR + 375 bps), 12/15/28 | $ 224,555 | ||||
1,876,927 | Verscend Holding Corp., Term B-1 Loan, 9.446% (Term SOFR + 400 bps), 8/27/25 | 1,878,834 | ||||
Total Commercial Services | $3,584,603 | |||||
Computer Data Security — 1.1% | ||||||
1,129,875 | Magenta Buyer LLC, First Lien Initial Term Loan, 10.631% (Term SOFR + 500 bps), 7/27/28 | $ 850,231 | ||||
611,381 | Precisely Software Incorporated, First Lien Third Amendment Term Loan, 9.863% (Term SOFR + 400 bps), 4/24/28 | 588,550 | ||||
Total Computer Data Security | $1,438,781 | |||||
Computer Services — 2.6% | ||||||
1,112,300 | Ahead DB Holdings LLC, First Lien Term B Loan, 9.092% (Term SOFR + 375 bps), 10/18/27 | $ 1,090,923 | ||||
713,698 | MAG DS Corp., Initial Term Loan, 10.842% (Term SOFR + 550 bps), 4/1/27 | 656,602 | ||||
959,612 | Peraton Corp., First Lien Term B Loan, 9.181% (Term SOFR + 375 bps), 2/1/28 | 951,987 | ||||
589,500 | Sitel Group, Initial Dollar Term Loan, 9.081% (Term SOFR + 375 bps), 8/28/28 | 583,974 | ||||
Total Computer Services | $3,283,486 | |||||
Computer Software — 2.2% | ||||||
1,234,375 | Cornerstone OnDemand, Inc., First Lien Initial Term Loan, 9.253% (Term SOFR + 375 bps), 10/16/28 | $ 1,177,285 | ||||
991,078 | Help/Systems Holdings, Inc., Term Loan, 9.469% (Term SOFR + 400 bps), 11/19/26 | 953,499 | ||||
491,206 | Idera, Inc., First Lien Term B-1 Loan, 9.272% (Term SOFR + 375 bps), 3/2/28 | 486,908 | ||||
430,983 | Rackspace Technology Global, Inc., First Lien 2021 Term B Loan, 8.177% (Term SOFR + 275 bps), 2/15/28 | 196,636 | ||||
Total Computer Software | $2,814,328 | |||||
Computers-Integrated Systems — 0.5% | ||||||
549,697 | Atlas CC Acquisition Corp., First Lien Term B Loan, 9.934% (Term SOFR + 425 bps), 5/25/28 | $ 506,580 | ||||
111,803 | Atlas CC Acquisition Corp., First Lien Term C Loan, 9.934% (Term SOFR + 425 bps), 5/25/28 | 103,033 | ||||
Total Computers-Integrated Systems | $609,613 | |||||
Pioneer Floating Rate Fund, Inc. | | 8/31/236
Schedule of Investments | 8/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Consulting Services — 0.8% | ||||||
1,029,366 | Ankura Consulting Group LLC, First Lien Closing Date Term Loan, 9.946% (Term SOFR + 450 bps), 3/17/28 | $ 1,019,072 | ||||
Total Consulting Services | $1,019,072 | |||||
Containers-Metal & Glass — 0.7% | ||||||
972,562 | Plaze, Inc., 2021-1 Term Loan, 11.00% (Term SOFR + 375 bps), 8/3/26 | $ 932,444 | ||||
Total Containers-Metal & Glass | $932,444 | |||||
Containers-Paper & Plastic — 2.7% | ||||||
488,722 | Charter Next Generation, Inc., First Lien 2021 Initial Term Loan, 9.196% (Term SOFR + 375 bps), 12/1/27 | $ 486,329 | ||||
211,211(c) | Pactiv Evergreen, Inc., Tranche B-2 U.S. Term Loan, 2/5/26 | 211,396 | ||||
775,257 | Pregis TopCo LLC, First Lien Initial Term Loan, 9.081% (Term SOFR + 375 bps), 7/31/26 | 775,741 | ||||
1,281,435 | ProAmpac PG Borrower LLC, First Lien 2020-1 Term Loan, 9.258% (Term SOFR + 375 bps), 11/3/25 | 1,281,436 | ||||
688,167 | Trident TPI Holdings, Inc., Tranche B-3 Initial Term Loan, 9.538% (Term SOFR + 400 bps), 9/15/28 | 686,112 | ||||
Total Containers-Paper & Plastic | $3,441,014 | |||||
Cruise Lines — 0.9% | ||||||
1,165,000 | Carnival Corp., Initial Advance, 8.317% (Term SOFR + 300 bps), 8/8/27 | $ 1,163,544 | ||||
Total Cruise Lines | $1,163,544 | |||||
Diagnostic Equipment — 0.3% | ||||||
496,203 | Curia Global, Inc., First Lien 2021 Term Loan, 9.181% (Term SOFR + 375 bps), 8/30/26 | $ 424,076 | ||||
Total Diagnostic Equipment | $424,076 | |||||
Dialysis Centers — 0.8% | ||||||
2,022,885 | US Renal Care, Inc., Initial Term Loan, 10.443% (Term SOFR + 550 bps), 6/26/26 | $ 1,021,557 | ||||
Total Dialysis Centers | $1,021,557 | |||||
Disposable Medical Products — 0.4% | ||||||
500,000 | Medline Borrower, LP, Initial Dollar Term Loan, 8.696% (Term SOFR + 325 bps), 10/23/28 | $ 500,219 | ||||
Total Disposable Medical Products | $500,219 | |||||
Distribution & Wholesale — 2.4% | ||||||
500,000 | AIP RD Buyer Corp., 2023 First Lien Incremental Term Loan, 10.331% (Term SOFR + 500 bps), 12/22/28 | $ 498,125 |
7Pioneer Floating Rate Fund, Inc. | | 8/31/23
Principal Amount USD ($) | Value | |||||
Distribution & Wholesale — (continued) | ||||||
592,500 | AIP RD Buyer Corp., First Lien Term B Loan, 9.581% (Term SOFR + 425 bps), 12/22/28 | $ 583,119 | ||||
862,053 | Patriot Container Corp. (aka Wastequip), First Lien Closing Date Term Loan, 9.181% (Term SOFR + 375 bps), 3/20/25 | 812,162 | ||||
686,000 | SRS Distribution, Inc., 2021 Refinancing Term Loan, 8.946% (Term SOFR + 350 bps), 6/2/28 | 677,663 | ||||
406,250 | Windsor Holdings III LLC, Dollar Term B Loan, 9.818% (Term SOFR + 450 bps), 8/1/30 | 405,361 | ||||
Total Distribution & Wholesale | $2,976,430 | |||||
E-Commerce — 0.8% | ||||||
488,750 | CNT Holdings I Corp., First Lien Initial Term Loan, 8.80% (Term SOFR + 350 bps), 11/8/27 | $ 488,597 | ||||
496,250 | TA TT Buyer LLC, First Lien Initial Term Loan, 10.242% (Term SOFR + 500 bps), 4/2/29 | 495,320 | ||||
Total E-Commerce | $983,917 | |||||
Electric-Generation — 2.1% | ||||||
923,925 | Compass Power Generation, L.L.C., Tranche B-2 Term Loan, 9.695% (Term SOFR + 425 bps), 4/14/29 | $ 923,709 | ||||
691,655 | Eastern Power LLC (Eastern Covert Midco LLC), Term Loan, 9.196% (Term SOFR + 375 bps), 10/2/25 | 666,366 | ||||
220,000 | Generation Bridge Northeast, LLC, Term Loan B, 9.564% (Term SOFR + 425 bps), 8/22/29 | 220,275 | ||||
843,245 | Hamilton Projects Acquiror LLC, Term Loan, 9.946% (Term SOFR + 450 bps), 6/17/27 | 837,237 | ||||
Total Electric-Generation | $2,647,587 | |||||
Electric-Integrated — 2.3% | ||||||
1,087,433 | Constellation Renewables LLC, Loan, 8.184% (Term SOFR + 250 bps), 12/15/27 | $ 1,082,845 | ||||
1,411,350 | PG&E Corp., Term Loan, 8.446% (Term SOFR + 300 bps), 6/23/25 | 1,412,232 | ||||
263,095 | Talen Energy Supply, LLC, Initial Term B Loan, 9.876% (Term SOFR + 450 bps), 5/17/30 | 264,345 | ||||
111,905 | Talen Energy Supply, LLC, Initial Term C Loan, 9.876% (Term SOFR + 450 bps), 5/17/30 | 112,437 | ||||
Total Electric-Integrated | $2,871,859 | |||||
Electronic Composition — 2.3% | ||||||
1,686,870 | Energy Acquisition LP, First Lien Initial Term Loan, 9.772% (Term SOFR + 425 bps), 6/26/25 | $ 1,623,612 |
Pioneer Floating Rate Fund, Inc. | | 8/31/238
Schedule of Investments | 8/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Electronic Composition — (continued) | ||||||
1,021,906 | Natel Engineering Co., Inc., Initial Term Loan, 11.679% (Term SOFR + 625 bps), 4/30/26 | $ 807,306 | ||||
479,452 | Pike Corp., 2028 Initial Term Loan, 8.446% (Term SOFR + 300 bps), 1/21/28 | 479,970 | ||||
Total Electronic Composition | $2,910,888 | |||||
Engines — 1.6% | ||||||
1,068,317 | Arcline FM Holdings LLC, Second Lien Initial Term Loan, 13.753% (Term SOFR + 825 bps), 6/25/29 | $ 1,020,243 | ||||
1,021,000(c) | LSF12 Badger Bidco, LLC, Term Loan B, 7/25/30 | 1,001,856 | ||||
Total Engines | $2,022,099 | |||||
Enterprise Software & Services — 1.5% | ||||||
249,375 | Applied Systems, Inc., 2026 First Lien Term Loan, 9.742% (Term SOFR + 450 bps), 9/18/26 | $ 250,492 | ||||
500,000 | First Advantage Holdings LLC, First Lien Term B-1 Loan, 8.196% (Term SOFR + 275 bps), 1/31/27 | 499,375 | ||||
286,000 | Open Text Corp., 2023 Replacement Term Loan, 8.181% (Term SOFR + 275 bps), 1/31/30 | 286,447 | ||||
297,727 | Polaris Newco LLC, First Lien Dollar Term Loan, 9.538% (Term SOFR + 400 bps), 6/2/28 | 288,754 | ||||
400,000 | Quartz Acquireco, LLC, Term Loan, 8.82% (Term SOFR + 350 bps), 6/28/30 | 400,500 | ||||
211,846 | Skopima Consilio Parent LLC, First Lien Initial Term Loan, 9.446% (Term SOFR + 400 bps), 5/12/28 | 206,567 | ||||
Total Enterprise Software & Services | $1,932,135 | |||||
Finance-Credit Card — 0.4% | ||||||
498,688 | Blackhawk Network Holdings, Inc., First Lien Term Loan, 8.172% (Term SOFR + 275 bps), 6/15/25 | $ 498,203 | ||||
Total Finance-Credit Card | $498,203 | |||||
Finance-Investment Banker — 0.5% | ||||||
695,175 | Hudson River Trading LLC, Term Loan, 8.631% (Term SOFR + 300 bps), 3/20/28 | $ 688,223 | ||||
Total Finance-Investment Banker | $688,223 | |||||
Finance-Leasing Company — 0.3% | ||||||
416,238 | Castlelake Aviation One Designated Activity Company, 2023 Incremental Term Loan, 8.004% (Term SOFR + 275 bps), 10/22/27 | $ 416,164 | ||||
Total Finance-Leasing Company | $416,164 | |||||
9Pioneer Floating Rate Fund, Inc. | | 8/31/23
Principal Amount USD ($) | Value | |||||
Food-Dairy Products — 1.4% | ||||||
1,701,875 | Chobani LLC., 2020 New Term Loan, 8.946% (Term SOFR + 350 bps), 10/25/27 | $ 1,704,268 | ||||
Total Food-Dairy Products | $1,704,268 | |||||
Footwear & Related Apparel — 0.3% | ||||||
427,500 | Crocs, Inc., 2023 Refinancing Term Loan, 8.431% (Term SOFR + 300 bps), 2/20/29 | $ 429,726 | ||||
Total Footwear & Related Apparel | $429,726 | |||||
Gambling (Non-Hotel) — 0.7% | ||||||
397,000 | Flutter Entertainment plc, Third Amendment 2028-B Term Loan, 8.753% (Term SOFR + 325 bps), 7/22/28 | $ 398,148 | ||||
496,241 | Light and Wonder International, Inc., Initial Term B Loan, 8.412% (Term SOFR + 300 bps), 4/14/29 | 496,628 | ||||
Total Gambling (Non-Hotel) | $894,776 | |||||
Golf — 0.6% | ||||||
698,250 | Topgolf Callaway Brands Corp , Intial Term Loan, 8.931% (Term SOFR + 350 bps), 3/15/30 | $ 698,749 | ||||
Total Golf | $698,749 | |||||
Hotels & Motels — 0.9% | ||||||
697,747 | Playa Resorts Holding B.V., 2022 Term Loan, 9.564% (Term SOFR + 425 bps), 1/5/29 | $ 698,263 | ||||
497,500 | Travel + Leisure Co., 2022 Incremental Term Loan, 9.354% (Term SOFR + 400 bps), 12/14/29 | 499,210 | ||||
Total Hotels & Motels | $1,197,473 | |||||
Human Resources — 0.7% | ||||||
977,500 | Ingenovis Health, Inc. (fka CCRR Parent, Inc.), First Lien Initial Term Loan, 9.196% (Term SOFR + 375 bps), 3/6/28 | $ 944,509 | ||||
Total Human Resources | $944,509 | |||||
Independent Power Producer — 1.1% | ||||||
1,442,266 | EFS Cogen Holdings I LLC, Term B Advance, 9.01% (Term SOFR + 350 bps), 10/1/27 | $ 1,425,267 | ||||
Total Independent Power Producer | $1,425,267 | |||||
Internet Content — 0.4% | ||||||
550,000 | MH Sub I, LLC (Micro Holding Corp.), 2023 May Incremental First Lien Term Loan, 9.581% (Term SOFR + 425 bps), 5/3/28 | $ 529,461 | ||||
Total Internet Content | $529,461 | |||||
Pioneer Floating Rate Fund, Inc. | | 8/31/2310
Schedule of Investments | 8/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Investment Companies — 0.4% | ||||||
475,000 | LSF11 Trinity Bidco, Inc., Initial Term Loan, 9.813% (Term SOFR + 450 bps), 6/14/30 | $ 476,188 | ||||
Total Investment Companies | $476,188 | |||||
Investment Management & Advisory Services — 1.7% | ||||||
248,116 | Allspring Buyer LLC, Initial Term Loan, 8.753% (Term SOFR + 325 bps), 11/1/28 | $ 248,232 | ||||
589,492 | Edelman Financial Engines Center LLC, First Lien 2021 Initial Term Loan, 8.946% (Term SOFR + 350 bps), 4/7/28 | 583,708 | ||||
493,730 | LHS Borrower LLC, Initial Term Loan, 10.181% (Term SOFR + 475 bps), 2/16/29 | 437,774 | ||||
992,179 | Russell Investments US Institutional Holdco, Inc., 2025 Term Loan, 8.931% (Term SOFR + 350 bps), 5/30/25 | 919,627 | ||||
Total Investment Management & Advisory Services | $2,189,341 | |||||
Lottery Services — 0.6% | ||||||
794,000 | Scientific Games Holdings LP, First Lien Initial Dollar Term Loan, 8.768% (Term SOFR + 350 bps), 4/4/29 | $ 791,023 | ||||
Total Lottery Services | $791,023 | |||||
Machinery — 1.6% | ||||||
775,893 | East West Manufacturing LLC, Initial Term Loan, 11.119% (Term SOFR + 575 bps), 12/22/28 | $ 655,629 | ||||
1,397,683 | Engineered Components & Systems LLC, First Lien Initial Term Loan, 11.428% (Term SOFR + 600 bps), 8/2/28 | 1,387,201 | ||||
Total Machinery | $2,042,830 | |||||
Machinery-Pumps — 0.7% | ||||||
892,345 | Circor International, Inc., Initial Term Loan, 10.931% (Term SOFR + 550 bps), 12/20/28 | $ 895,618 | ||||
Total Machinery-Pumps | $895,618 | |||||
Medical Diagnostic Imaging — 0.6% | ||||||
831,709 | US Radiology Specialists, Inc. (US Outpatient Imaging Services, Inc.), Closing Date Term Loan, 10.681% (Term SOFR + 525 bps), 12/15/27 | $ 810,917 | ||||
Total Medical Diagnostic Imaging | $810,917 | |||||
Medical Information Systems — 2.3% | ||||||
794,314 | athenahealth Group, Inc., Initial Term Loan, 8.82% (Term SOFR + 350 bps), 2/15/29 | $ 783,640 | ||||
488,775 | Azalea TopCo, Inc., First Lien 2021 Term Loan, 9.196% (Term SOFR + 375 bps), 7/24/26 | 477,574 |
11Pioneer Floating Rate Fund, Inc. | | 8/31/23
Principal Amount USD ($) | Value | |||||
Medical Information Systems — (continued) | ||||||
942,317 | Gainwell Acquisition Corp., First Lien Term B Loan, 9.342% (Term SOFR + 400 bps), 10/1/27 | $ 928,182 | ||||
980,000 | One Call Corp., First Lien Term B Loan, 11.113% (Term SOFR + 550 bps), 4/22/27 | 769,300 | ||||
Total Medical Information Systems | $2,958,696 | |||||
Medical Labs & Testing Services — 2.4% | ||||||
373,125 | Charlotte Buyer, Inc., First Lien Initial Term Loan B, 10.562% (Term SOFR + 525 bps), 2/11/28 | $ 368,577 | ||||
766,124(b) | Envision Healthcare Corp., 2018 Third Out Term Loan, 8.992% (Term SOFR + 375 bps), 3/31/27 | 10,055 | ||||
488,665 | eResearchTechnology, Inc., First Lien Initial Term Loan, 9.946% (Term SOFR + 450 bps), 2/4/27 | 478,281 | ||||
1,447,875 | FC Compassus LLC, Term B-1 Loan, 9.881% (Term SOFR + 425 bps), 12/31/26 | 1,382,721 | ||||
497,456 | Phoenix Guarantor Inc., First Lien Tranche B-3 Term Loan, 8.946% (Term SOFR + 350 bps), 3/5/26 | 495,128 | ||||
490,000 | Sound Inpatient Physicians, Inc., First Lien 2021 Incremental Term Loan, 8.631% (Term SOFR + 300 bps), 6/27/25 | 242,550 | ||||
Total Medical Labs & Testing Services | $2,977,312 | |||||
Medical Products — 1.1% | ||||||
1,232,735 | NMN Holdings III Corp., First Lien Closing Date Term Loan, 9.196% (Term SOFR + 375 bps), 11/13/25 | $ 1,144,903 | ||||
212,993 | NMN Holdings III Corp., First Lien Delayed Draw Term Loan, 9.196% (Term SOFR + 375 bps), 11/13/25 | 197,817 | ||||
Total Medical Products | $1,342,720 | |||||
Medical-Biomedical & Generation — 0.8% | ||||||
981,020 | ANI Pharmaceuticals, Inc., Initial Term Loan, 11.446% (Term SOFR + 600 bps), 11/19/27 | $ 980,714 | ||||
Total Medical-Biomedical & Generation | $980,714 | |||||
Medical-Drugs — 1.8% | ||||||
1,477,992(b) | Endo Luxembourg Finance Company I S.a r.l., 2021 Term Loan, 14.50% (LIBOR + 400 bps), 3/27/28 | $ 1,090,943 | ||||
441,613 | Jazz Pharmaceuticals Public Limited Company, Initial Dollar Term Loan, 8.946% (Term SOFR + 350 bps), 5/5/28 | 442,073 | ||||
705,882 | Padagis LLC, Term B Loan, 10.28% (Term SOFR + 475 bps), 7/6/28 | 688,235 | ||||
Total Medical-Drugs | $2,221,251 | |||||
Pioneer Floating Rate Fund, Inc. | | 8/31/2312
Schedule of Investments | 8/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Medical-Hospitals — 1.9% | ||||||
985,000 | Knight Health Holdings LLC, Term B Loan, 10.696% (Term SOFR + 525 bps), 12/23/28 | $ 325,050 | ||||
468,891 | LifePoint Health, Inc. (fka Regionalcare Hospital Partners Holdings, Inc.), First Lien Term B Loan, 9.377% (Term SOFR + 375 bps), 11/16/25 | 465,287 | ||||
1,411,795 | Quorum Health Corp., Exit Term Loan, 13.631% (Term SOFR + 825 bps), 4/29/25 | 991,785 | ||||
586,966 | Surgery Center Holdings, Inc., 2021 New Term Loan, 9.178% (Term SOFR + 375 bps), 8/31/26 | 588,764 | ||||
Total Medical-Hospitals | $2,370,886 | |||||
Medical-Outpatient & Home Medicine — 0.6% | ||||||
373,125 | EyeCare Partners, LLC, Incremental First Lien Term Loan, 9.842% (Term SOFR + 450 bps), 11/15/28 | $ 295,080 | ||||
494,141 | Medical Solutions Holdings, Inc., First Lien Initial Term Loan, 8.772% (Term SOFR + 325 bps), 11/1/28 | 475,508 | ||||
Total Medical-Outpatient & Home Medicine | $770,588 | |||||
Medical-Wholesale Drug Distribution — 0.3% | ||||||
448,875 | CVET Midco 2 LP, First Lien Initial Term Loan, 10.242% (Term SOFR + 500 bps), 10/13/29 | $ 439,336 | ||||
Total Medical-Wholesale Drug Distribution | $439,336 | |||||
Metal Processors & Fabrication — 1.9% | ||||||
991,250 | Grinding Media, Inc. (Molycop, Ltd.), First Lien Initial Term Loan, 9.53% (Term SOFR + 400 bps), 10/12/28 | $ 973,903 | ||||
735,000 | Tiger Acquisition LLC, First Lien Initial Term Loan, 8.681% (Term SOFR + 325 bps), 6/1/28 | 726,180 | ||||
747,248 | WireCo WorldGroup, Inc., Initial Term Loan, 9.678% (Term SOFR + 425 bps), 11/13/28 | 747,715 | ||||
Total Metal Processors & Fabrication | $2,447,798 | |||||
Metal-Aluminum — 0.7% | ||||||
944,000 | Arsenal AIC Parent LLC, Term B Loan, 9.879% (Term SOFR + 450 bps), 8/18/30 | $ 945,770 | ||||
Total Metal-Aluminum | $945,770 | |||||
Multimedia — 0.3% | ||||||
346,875 | The E.W. Scripps Company, Tranche B-3 Term Loan, 8.446% (Term SOFR + 300 bps), 1/7/28 | $ 344,129 | ||||
Total Multimedia | $344,129 | |||||
13Pioneer Floating Rate Fund, Inc. | | 8/31/23
Principal Amount USD ($) | Value | |||||
Office Automation & Equipment — 0.7% | ||||||
879,750 | Pitney Bowes, Inc., Refinancing Tranche B Term Loan, 9.446% (Term SOFR + 400 bps), 3/17/28 | $ 835,762 | ||||
Total Office Automation & Equipment | $835,762 | |||||
Oil-Field Services — 0.2% | ||||||
42,952 | ProFrac Holdings II LLC, Term Loan, 12.78% (Term SOFR + 725 bps), 3/4/25 | $ 43,114 | ||||
241,185 | ProFrac Holdings II, LLC, Delayed Draw Term A Loan, 12.753% (Term SOFR + 725 bps), 3/4/25 | 242,089 | ||||
Total Oil-Field Services | $285,203 | |||||
Pastoral & Agricultural — 0.5% | ||||||
640,250 | Alltech, Inc., Term B Loan, 9.446% (Term SOFR + 400 bps), 10/13/28 | $ 630,646 | ||||
Total Pastoral & Agricultural | $630,646 | |||||
Pharmacy Services — 0.3% | ||||||
344,750 | Option Care Health, Inc., First Lien 2021 Refinancing Term Loan, 8.196% (Term SOFR + 275 bps), 10/27/28 | $ 345,870 | ||||
Total Pharmacy Services | $345,870 | |||||
Physical Practice Management — 2.2% | ||||||
3,431,818 | Team Health Holdings, Inc., Extended Term Loan, 10.581% (Term SOFR + 525 bps), 3/2/27 | $ 2,767,974 | ||||
Total Physical Practice Management | $2,767,974 | |||||
Physical Therapy & Rehabilitation Centers — 2.4% | ||||||
921,667 | Summit Behavioral Healthcare LLC, First Lien Initial Term Loan, 10.429% (Term SOFR + 475 bps), 11/24/28 | $ 924,355 | ||||
2,179,330 | Upstream Newco, Inc., First Lien August 2021 Incremental Term Loan, 9.753% (Term SOFR + 425 bps), 11/20/26 | 2,056,743 | ||||
Total Physical Therapy & Rehabilitation Centers | $2,981,098 | |||||
Pipelines — 3.5% | ||||||
598,500 | Brazos Delaware II, LLC, Initial Term Loan, 9.062% (Term SOFR + 375 bps), 2/11/30 | $ 592,764 | ||||
477,076 | GIP III Stetson I, L.P. (GIP III Stetson II, L.P.), Initial Term Loan, 9.681% (Term SOFR + 425 bps), 7/18/25 | 477,938 | ||||
397,000 | M6 Etx Holdings II Midco, LLC, Initial Term Loan, 9.915% (Term SOFR + 450 bps), 9/19/29 | 396,681 | ||||
3,002,478 | Traverse Midstream Partners LLC, Advance, 9.216% (Term SOFR + 375 bps), 2/16/28 | 3,002,478 | ||||
Total Pipelines | $4,469,861 | |||||
Pioneer Floating Rate Fund, Inc. | | 8/31/2314
Schedule of Investments | 8/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Professional Sports — 0.4% | ||||||
500,000 | Formula One Management, Ltd. First Lien Facility B Loan, 8.331% (Term SOFR + 300 bps), 1/15/30 | $ 501,384 | ||||
Total Professional Sports | $501,384 | |||||
Property & Casualty Insurance — 2.7% | ||||||
488,750 | Asurion LLC, New B-9 Term Loan, 8.788% (Term SOFR + 325 bps), 7/31/27 | $ 470,727 | ||||
1,250,000 | Asurion LLC, Second Lien New B-4 Term Loan, 10.696% (Term SOFR + 525 bps), 1/20/29 | 1,102,901 | ||||
223,312 | Asurion, LLC, New B-10 Term Loan, 9.431% (Term SOFR + 400 bps), 8/19/28 | 215,264 | ||||
246,791 | Asurion, LLC, New B-11 Term Loan, 9.681% (Term SOFR + 425 bps), 8/19/28 | 238,616 | ||||
1,362,033 | Sedgwick Claims Management Services, Inc. (Lightning Cayman Merger Sub, Ltd.), 2023 Term Loan, 9.081% (Term SOFR + 375 bps), 2/24/28 | 1,364,169 | ||||
Total Property & Casualty Insurance | $3,391,677 | |||||
Protection-Safety — 1.6% | ||||||
1,473,750 | APX Group, Inc., Initial Term Loan, 10.75% (Term SOFR + 325 bps), 7/10/28 | $ 1,475,285 | ||||
494,937 | Prime Security Services Borrower LLC, First Lien 2021 Refinancing Term B-1 Loan, 8.182% (Term SOFR + 275 bps), 9/23/26 | 495,612 | ||||
Total Protection-Safety | $1,970,897 | |||||
Publishing — 2.0% | ||||||
841,343 | Cengage Learning, Inc., First Lien Term B Loan, 10.323% (Term SOFR + 475 bps), 7/14/26 | $ 840,818 | ||||
794,000 | Houghton Mifflin Harcourt Company, First Lien Term B Loan, 10.681% (Term SOFR + 525 bps), 4/9/29 | 738,089 | ||||
986,241 | McGraw-Hill Education, Inc., Initial Term Loan, 10.196% (Term SOFR + 475 bps), 7/28/28 | 968,750 | ||||
Total Publishing | $2,547,657 | |||||
Publishing-Periodicals — 0.3% | ||||||
370,312 | MJH Healthcare Holdings LLC, Initial Term B Loan, 8.931% (Term SOFR + 350 bps), 1/28/29 | $ 369,850 | ||||
Total Publishing-Periodicals | $369,850 | |||||
Recreational Centers — 0.4% | ||||||
500,000 | Fitness International LLC, Term B Loan, 8.769% (Term SOFR + 325 bps), 4/18/25 | $ 495,235 | ||||
Total Recreational Centers | $495,235 | |||||
15Pioneer Floating Rate Fund, Inc. | | 8/31/23
Principal Amount USD ($) | Value | |||||
Recycling — 0.6% | ||||||
833,739 | LTR Intermediate Holdings, Inc., Initial Term Loan, 9.946% (Term SOFR + 450 bps), 5/5/28 | $ 781,630 | ||||
Total Recycling | $781,630 | |||||
Retail — 5.7% | ||||||
536,322 | Great Outdoors Group LLC, Term B-2 Loan, 9.196% (Term SOFR + 375 bps), 3/6/28 | $ 535,689 | ||||
497,443 | Harbor Freight Tools USA, Inc., 2021 Initial Term Loan, 8.196% (Term SOFR + 275 bps), 10/19/27 | 494,955 | ||||
1,010,083 | Highline Aftermarket Acquisition LLC, First Lien Initial Term Loan, 9.931% (Term SOFR + 450 bps), 11/9/27 | 982,937 | ||||
1,029,000 | Michaels Cos, Inc., Term B Loan, 9.753% (Term SOFR + 425 bps), 4/15/28 | 957,154 | ||||
469,191 | Petco Health & Wellness Co., Inc., First Lien Initial Term Loan, 8.753% (Term SOFR + 325 bps), 3/3/28 | 467,334 | ||||
1,029,000 | PetSmart LLC, Initial Term Loan, 9.181% (Term SOFR + 375 bps), 2/11/28 | 1,028,250 | ||||
733,209 | RVR Dealership Holdings LLC, Term Loan, 9.246% (Term SOFR + 375 bps), 2/8/28 | 672,720 | ||||
914,424 | Staples, Inc., 2019 Refinancing New Term B-2 Loan, 10.134% (LIBOR + 450 bps), 9/12/24 | 901,850 | ||||
456,250 | Torrid LLC, Closing Date Term Loan, 11.004% (Term SOFR + 550 bps), 6/14/28 | 386,102 | ||||
742,462 | White Cap Supply Holdings LLC, Initial Closing Date Term Loan, 9.081% (Term SOFR + 375 bps), 10/19/27 | 742,378 | ||||
Total Retail | $7,169,369 | |||||
Rubber & Plastic Products — 1.3% | ||||||
1,124,287 | Gates Global LLC, Initial B-3 Dollar Term Loan, 7.931% (Term SOFR + 250 bps), 3/31/27 | $ 1,124,136 | ||||
496,250 | Gates Global LLC, Initial B-4 Dollar Term Loan, 8.831% (Term SOFR + 350 bps), 11/16/29 | 497,434 | ||||
Total Rubber & Plastic Products | $1,621,570 | |||||
Schools — 0.3% | ||||||
426,927 | Bach Finance Limited (aka Nord Anglia/Fugue Finance), First Lien Seventh Amendment Dollar Term Loan, 9.922% (Term SOFR + 450 bps), 1/31/28 | $ 427,928 | ||||
Total Schools | $427,928 | |||||
Pioneer Floating Rate Fund, Inc. | | 8/31/2316
Schedule of Investments | 8/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Security Services — 1.8% | ||||||
348,228 | Allied Universal Holdco LLC (f/k/a USAGM Holdco LLC), Initial U.S. Dollar Term Loan, 9.181% (Term SOFR + 375 bps), 5/12/28 | $ 338,394 | ||||
1,964,719 | Garda World Security Corp., Term B-2 Loan, 9.668% (Term SOFR + 425 bps), 10/30/26 | 1,965,702 | ||||
Total Security Services | $2,304,096 | |||||
Semiconductor Equipment — 0.9% | ||||||
1,122,325 | Ultra Clean Holdings, Inc., Second Amendment Term B Loan, 9.196% (Term SOFR + 375 bps), 8/27/25 | $ 1,125,306 | ||||
Total Semiconductor Equipment | $1,125,306 | |||||
Steel Producers — 0.5% | ||||||
170,842 | Flame NewCo, LLC, First Lien New Money Exit Term Loan, 11.431% (Term SOFR + 600 bps), 6/30/28 | $ 161,766 | ||||
476,362 | Phoenix Services International LLC, Roll-Up Loan (DIP), 17.318% (Term SOFR + 1200 bps), 7/29/23 | 456,116 | ||||
1,156,379(b) | Phoenix Services International LLC, Term B Loan, 9.414% (LIBOR + 0 bps), 3/1/25 | — | ||||
Total Steel Producers | $617,882 | |||||
Telecom Services — 1.2% | ||||||
645,125 | Patagonia Holdco LLC, Amendment No.1 Term Loan, 11.117% (Term SOFR + 575 bps), 8/1/29 | $ 558,033 | ||||
1,019,348 | Windstream Services, LLC, Initial Term Loan, 11.681% (Term SOFR + 625 bps), 9/21/27 | 974,114 | ||||
Total Telecom Services | $1,532,147 | |||||
Telephone-Integrated — 0.8% | ||||||
1,000,000 | Level 3 Financing, Inc., Tranche B 2027 Term Loan, 7.196% (Term SOFR + 175 bps), 3/1/27 | $ 950,000 | ||||
Total Telephone-Integrated | $950,000 | |||||
Textile-Home Furnishings — 0.6% | ||||||
987,500 | Runner Buyer, Inc., Initial Term Loan, 11.037% (Term SOFR + 550 bps), 10/20/28 | $ 757,289 | ||||
Total Textile-Home Furnishings | $757,289 | |||||
Theaters — 1.2% | ||||||
520,893 | AMC Entertainment Holdings, Inc. (fka AMC Entertainment, Inc.), Term B-1 Loan, 8.427% (Term SOFR + 300 bps), 4/22/26 | $ 411,904 |
17Pioneer Floating Rate Fund, Inc. | | 8/31/23
Principal Amount USD ($) | Value | |||||
Theaters — (continued) | ||||||
598,500 | Cinemark USA, Inc., Term Loan, 9.081% (Term SOFR + 375 bps), 5/24/30 | $ 599,248 | ||||
448,875 | Cirque du Soleil Canada Inc., Initial Term Loan, 9.492% (Term SOFR + 425 bps), 3/8/30 | 443,264 | ||||
Total Theaters | $1,454,416 | |||||
Transport-Air Freight — 0.3% | ||||||
349,125 | Rand Parent LLC, First Lien Term B Loan, 9.492% (Term SOFR + 425 bps), 3/17/30 | $ 339,815 | ||||
Total Transport-Air Freight | $339,815 | |||||
Transportation - Trucks — 0.4% | ||||||
491,250 | Carriage Purchaser, Inc., Term B Loan, 9.696% (Term SOFR + 425 bps), 9/30/28 | $ 482,806 | ||||
Total Transportation - Trucks | $482,806 | |||||
Transportation Services — 2.0% | ||||||
1,179,000 | AIT Worldwide Logistics Holdings, Inc., First Lien Initial Term Loan, 10.162% (Term SOFR + 475 bps), 4/6/28 | $ 1,166,718 | ||||
372,137 | First Student Bidco Inc., 2022 Incremental Term B Loan, 9.342% (Term SOFR + 400 bps), 7/21/28 | 367,153 | ||||
25,974 | First Student Bidco Inc., 2022 Incremental Term C Loan, 9.342% (Term SOFR + 400 bps), 7/21/28 | 25,626 | ||||
539,462 | First Student Bidco, Inc., Initial Term B Loan, 8.529% (Term SOFR + 300 bps), 7/21/28 | 526,706 | ||||
202,206 | First Student Bidco, Inc., Initial Term C Loan, 8.501% (Term SOFR + 300 bps), 7/21/28 | 197,425 | ||||
343,875 | LaserShip, Inc., First Lien Initial Term Loan, 10.131% (Term SOFR + 450 bps), 5/7/28 | 299,171 | ||||
Total Transportation Services | $2,582,799 | |||||
Veterinary Diagnostics — 0.4% | ||||||
498,721 | Southern Veterinary Partners LLC, First Lien Initial Term Loan, 9.446% (Term SOFR + 400 bps), 10/5/27 | $ 498,513 | ||||
Total Veterinary Diagnostics | $498,513 | |||||
Total Senior Secured Floating Rate Loan Interests (Cost $165,233,528) | $156,616,884 | |||||
Pioneer Floating Rate Fund, Inc. | | 8/31/2318
Schedule of Investments | 8/31/23
(unaudited) (continued)
Shares | Value | |||||
Common Stock — 0.4% of Net Assets | ||||||
Passenger Airlines — 0.4% | ||||||
40,684+ | Grupo Aeromexico SAB de CV | $ 536,870 | ||||
Total Passenger Airlines | $536,870 | |||||
Total Common Stock (Cost $665,000) | $536,870 | |||||
Principal Amount USD ($) | ||||||
Asset Backed Securities — 2.9% of Net Assets | ||||||
1,000,000(a) | 522 Funding CLO, Ltd., Series 2019-4A, Class E, 12.588% (3 Month Term SOFR + 726 bps), 4/20/30 (144A) | $ 897,025 | ||||
1,000,000(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) | 932,359 | ||||
1,000,000 | JPMorgan Chase Bank NA - CACLN, Series 2021-3, Class G, 9.812%, 2/26/29 (144A) | 936,822 | ||||
1,000,000(a) | Octagon Investment Partners XXI, Ltd., Series 2014-1A, Class DRR, 12.631% (3 Month Term SOFR + 726 bps), 2/14/31 (144A) | 920,284 | ||||
Total Asset Backed Securities (Cost $3,967,104) | $3,686,490 | |||||
Collateralized Mortgage Obligations—2.5% of Net Assets | ||||||
370,000(a) | Connecticut Avenue Securities Trust, Series 2021-R01, Class 1B2, 11.288% (SOFR30A + 600 bps), 10/25/41 (144A) | $ 368,845 | ||||
750,000(a) | Freddie Mac STACR REMIC Trust, Series 2021-DNA5, Class B2, 10.788% (SOFR30A + 550 bps), 1/25/34 (144A) | 701,352 | ||||
230,000(a) | Freddie Mac STACR REMIC Trust, Series 2021-DNA7, Class B2, 13.088% (SOFR30A + 780 bps), 11/25/41 (144A) | 236,201 | ||||
490,000(a) | Freddie Mac STACR REMIC Trust, Series 2021-HQA3, Class B2, 11.538% (SOFR30A + 625 bps), 9/25/41 (144A) | 475,608 | ||||
250,000(a) | Freddie Mac STACR REMIC Trust, Series 2022-DNA1, Class B2, 12.388% (SOFR30A + 710 bps), 1/25/42 (144A) | 252,498 |
19Pioneer Floating Rate Fund, Inc. | | 8/31/23
Principal Amount USD ($) | Value | |||||
Collateralized Mortgage Obligations—(continued) | ||||||
320,000(a) | Freddie Mac STACR REMIC Trust, Series 2022-DNA2, Class B2, 13.788% (SOFR30A + 850 bps), 2/25/42 (144A) | $ 332,384 | ||||
710,000(a) | STACR Trust, Series 2018-HRP2, Class B2, 15.902% (SOFR30A + 1,061 bps), 2/25/47 (144A) | 816,173 | ||||
Total Collateralized Mortgage Obligations (Cost $3,202,134) | $3,183,061 | |||||
Commercial Mortgage-Backed Securities—1.0% of Net Assets | ||||||
535,570(a) | BX Trust, Series 2022-PSB, Class F, 12.643% (1 Month Term SOFR + 733 bps), 8/15/39 (144A) | $ 536,288 | ||||
47,388(a) | FREMF Mortgage Trust, Series 2020-KF74, Class C, 11.466% (SOFR30A + 636 bps), 1/25/27 (144A) | 45,481 | ||||
1,000,000 | Wells Fargo Commercial Mortgage Trust, Series 2015-C28, Class E, 3.00%, 5/15/48 (144A) | 690,158 | ||||
Total Commercial Mortgage-Backed Securities (Cost $1,374,249) | $1,271,927 | |||||
Corporate Bonds — 12.2% of Net Assets | ||||||
Advertising — 0.2% | ||||||
255,000 | Clear Channel Outdoor Holdings, Inc., 7.50%, 6/1/29 (144A) | $ 190,049 | ||||
Total Advertising | $190,049 | |||||
Aerospace & Defense — 0.4% | ||||||
500,000 | Bombardier, Inc., 7.125%, 6/15/26 (144A) | $ 491,692 | ||||
Total Aerospace & Defense | $491,692 | |||||
Airlines — 2.2% | ||||||
1,690,000 | Grupo Aeromexico SAB de CV, 8.50%, 3/17/27 (144A) | $ 1,562,976 | ||||
1,500,000 | VistaJet Malta Finance Plc/Vista Management Holding, Inc., 6.375%, 2/1/30 (144A) | 1,229,974 | ||||
Total Airlines | $2,792,950 | |||||
Auto Parts & Equipment — 0.2% | ||||||
250,000 | Adient Global Holdings, Ltd., 7.00%, 4/15/28 (144A) | $ 252,573 | ||||
Total Auto Parts & Equipment | $252,573 | |||||
Pioneer Floating Rate Fund, Inc. | | 8/31/2320
Schedule of Investments | 8/31/23
(unaudited) (continued)
Principal Amount USD ($) | Value | |||||
Banks — 1.0% | ||||||
1,000,000(d)(e) | Citigroup, Inc., 4.70% (SOFR + 323 bps) | $ 898,027 | ||||
391,000 | Freedom Mortgage Corp., 8.25%, 4/15/25 (144A) | 385,298 | ||||
Total Banks | $1,283,325 | |||||
Chemicals — 0.4% | ||||||
250,000 | Element Solutions, Inc., 3.875%, 9/1/28 (144A) | $ 219,780 | ||||
300,000 | SCIL IV LLC/SCIL USA Holdings LLC, 5.375%, 11/1/26 (144A) | 280,823 | ||||
Total Chemicals | $500,603 | |||||
Commercial Services — 0.7% | ||||||
600,000 | Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 S.a.r.l., 4.625%, 6/1/28 (144A) | $ 507,249 | ||||
500,000 | Garda World Security Corp., 6.00%, 6/1/29 (144A) | 407,375 | ||||
Total Commercial Services | $914,624 | |||||
Distribution/Wholesale — 0.1% | ||||||
110,000 | Ritchie Bros Holdings, Inc., 6.75%, 3/15/28 (144A) | $ 111,348 | ||||
Total Distribution/Wholesale | $111,348 | |||||
Diversified Financial Services — 0.1% | ||||||
200,000 | Jefferies Finance LLC/JFIN Co.-Issuer Corp., 5.00%, 8/15/28 (144A) | $ 170,774 | ||||
Total Diversified Financial Services | $170,774 | |||||
Electric — 0.2% | ||||||
300,000 | Vistra Operations Co. LLC, 4.375%, 5/1/29 (144A) | $ 264,510 | ||||
Total Electric | $264,510 | |||||
Iron & Steel — 0.4% | ||||||
500,000 | Metinvest BV, 7.75%, 10/17/29 (144A) | $ 288,750 | ||||
265,000 | TMS International Corp., 6.25%, 4/15/29 (144A) | 221,273 | ||||
Total Iron & Steel | $510,023 | |||||
Leisure Time — 0.4% | ||||||
500,000 | Viking Cruises, Ltd., 5.875%, 9/15/27 (144A) | $ 467,500 | ||||
Total Leisure Time | $467,500 | |||||
Lodging — 0.7% | ||||||
1,000,000 | Station Casinos LLC, 4.50%, 2/15/28 (144A) | $ 895,000 | ||||
Total Lodging | $895,000 | |||||
Media — 1.0% | ||||||
300,000 | Charter Communications Operating LLC/Charter Communications Operating Capital, 2.25%, 1/15/29 | $ 249,214 |
21Pioneer Floating Rate Fund, Inc. | | 8/31/23
Principal Amount USD ($) | Value | |||||
Media — (continued) | ||||||
510,000 | McGraw-Hill Education, Inc., 8.00%, 8/1/29 (144A) | $ 454,068 | ||||
1,000,000 | Sinclair Television Group, Inc., 5.50%, 3/1/30 (144A) | 532,797 | ||||
Total Media | $1,236,079 | |||||
Mining — 1.1% | ||||||
500,000 | Coeur Mining, Inc., 5.125%, 2/15/29 (144A) | $ 438,290 | ||||
925,000 | First Quantum Minerals, Ltd., 8.625%, 6/1/31 (144A) | 941,301 | ||||
Total Mining | $1,379,591 | |||||
Oil & Gas — 1.5% | ||||||
300,000 | Civitas Resources, Inc., 8.375%, 7/1/28 (144A) | $ 309,000 | ||||
1,500,000 | MEG Energy Corp., 7.125%, 2/1/27 (144A) | 1,518,923 | ||||
Total Oil & Gas | $1,827,923 | |||||
Pipelines — 0.2% | ||||||
300,000 | Venture Global Calcasieu Pass LLC, 3.875%, 8/15/29 (144A) | $ 259,507 | ||||
Total Pipelines | $259,507 | |||||
REITs — 0.4% | ||||||
500,000 | Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 10.50%, 2/15/28 (144A) | $ 498,817 | ||||
Total REITs | $498,817 | |||||
Retail — 0.3% | ||||||
500,000 | LBM Acquisition LLC, 6.25%, 1/15/29 (144A) | $ 436,291 | ||||
Total Retail | $436,291 | |||||
Telecommunications — 0.7% | ||||||
500,000 | Altice France Holding SA, 6.00%, 2/15/28 (144A) | $ 220,678 | ||||
275,000 | Level 3 Financing, Inc., 10.50%, 5/15/30 (144A) | 279,343 | ||||
500,000 | Windstream Escrow LLC/Windstream Escrow Finance Corp., 7.75%, 8/15/28 (144A) | 405,356 | ||||
Total Telecommunications | $905,377 | |||||
Total Corporate Bonds (Cost $16,943,426) | $15,388,556 | |||||
Pioneer Floating Rate Fund, Inc. | | 8/31/2322
Schedule of Investments | 8/31/23
(unaudited) (continued)
Shares | Value | |||||
Preferred Stock — 0.1% of Net Assets | ||||||
Capital Markets — 0.1% | ||||||
2,870 | B Riley Financial, Inc., 6.75%, 5/31/24 | $ 71,090 | ||||
Total Capital Markets | $71,090 | |||||
Total Preferred Stock (Cost $70,513) | $71,090 | |||||
Principal Amount USD ($) | ||||||
Insurance-Linked Securities — 1.1% of Net Assets# | ||||||
Event Linked Bonds — 0.9% | ||||||
Multiperil – U.S. — 0.5% | ||||||
250,000(a) | Matterhorn Re, 10.50%, (SOFR + 525 bps), 3/24/25 (144A) | $ 241,975 | ||||
250,000(a) | Residential Re, 10.608%, (3 Month U.S. Treasury Bill + 518 bps), 12/6/25 (144A) | 241,850 | ||||
250,000(a) | Sanders Re III, 8.928%, (3 Month U.S. Treasury Bill + 350 bps), 4/7/26 (144A) | 237,350 | ||||
$721,175 | ||||||
Windstorm – North Carolina — 0.2% | ||||||
250,000(a) | Cape Lookout Re, 10.428%, (3 Month U.S. Treasury Bill + 500 bps), 3/28/25 (144A) | $ 240,800 | ||||
Windstorm – U.S. Regional — 0.2% | ||||||
250,000(a) | Commonwealth Re, 8.928%, (3 Month U.S. Treasury Bill + 350 bps), 7/8/25 (144A) | $ 250,775 | ||||
Total Event Linked Bonds | $1,212,750 | |||||
Face Amount USD ($) | ||||||
Collateralized Reinsurance — 0.0%† | ||||||
Multiperil – Worldwide — 0.0%† | ||||||
27,000(f)+ | Limestone Re 2019-2, 10/1/23 (144A) | $ — | ||||
Windstorm – Florida — 0.0%†† | ||||||
250,000(f)+ | Formby Re 2018, 2/29/24 | $ — | ||||
Total Collateralized Reinsurance | $0 | |||||
23Pioneer Floating Rate Fund, Inc. | | 8/31/23
Face Amount USD ($) | Value | |||||
Reinsurance Sidecars — 0.2% | ||||||
Multiperil – U.S. — 0.0%†† | ||||||
250,000(g)+ | Harambee Re 2018, 12/31/24 | $ — | ||||
250,000(g)+ | Harambee Re 2019, 12/31/24 | 475 | ||||
$475 | ||||||
Multiperil – Worldwide — 0.2% | ||||||
12,278(g)+ | Alturas Re 2022-2, 12/31/27 | $ 2,797 | ||||
907,913(f)+ | Berwick Re 2019-1, 12/31/24 | 144,812 | ||||
199,590(g)+ | Lorenz Re 2019, 6/30/24 | 6,626 | ||||
300,000(f)+ | Merion Re 2018-2, 12/31/24 | 14,995 | ||||
10,000(f)+ | Sector Re V, 12/1/24 (144A) | 17,487 | ||||
253,645(f)+ | Woburn Re 2018, 12/31/24 | 5,031 | ||||
244,914(f)+ | Woburn Re 2019, 12/31/24 | 42,390 | ||||
$234,138 | ||||||
Total Reinsurance Sidecars | $234,613 | |||||
Total Insurance-Linked Securities (Cost $1,514,216) | $1,447,363 | |||||
Principal Amount USD ($) | ||||||
U.S. Government and Agency Obligations — 2.4% of Net Assets | ||||||
3,000,000(h) | U.S. Treasury Bills, 9/26/23 | $ 2,988,984 | ||||
Total U.S. Government and Agency Obligations (Cost $2,988,995) | $2,988,984 | |||||
Pioneer Floating Rate Fund, Inc. | | 8/31/2324
Schedule of Investments | 8/31/23
(unaudited) (continued)
Shares | Value | |||||
SHORT TERM INVESTMENTS — 1.0% of Net Assets | ||||||
Open-End Fund — 1.0% | ||||||
1,211,118(i) | Dreyfus Government Cash Management, Institutional Shares, 5.21% | $ 1,211,118 | ||||
$1,211,118 | ||||||
TOTAL SHORT TERM INVESTMENTS (Cost $1,211,118) | $1,211,118 | |||||
TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 147.6% (Cost $197,170,283) | $186,402,343 | |||||
OTHER ASSETS AND LIABILITIES — (47.6)% | $(60,074,671) | |||||
net assets — 100.0% | $126,327,672 | |||||
bps | Basis Points. |
FREMF | Freddie Mac Multifamily Fixed-Rate Mortgage Loans. |
LIBOR | London Interbank Offered Rate. |
SOFR | Secured Overnight Financing Rate. |
SOFR30A | Secured Overnight Financing Rate 30 Day Average. |
(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 August 31, 2023, the value of these securities amounted to $23,613,030, or 18.7% of net assets. |
(a) | Floating rate note. Coupon rate, reference index and spread shown at August 31, 2023. |
(b) | Security is in default. |
(c) | This term loan will settle after August 31, 2023, at which time the interest rate will be determined. |
(d) | Security is perpetual in nature and has no stated maturity date. |
(e) | The interest rate is subject to change periodically. The interest rate and/or reference index and spread shown at August 31, 2023. |
(f) | Issued as participation notes. |
(g) | Issued as preference shares. |
(h) | Security issued with a zero coupon. Income is recognized through accretion of discount. |
(i) | Rate periodically changes. Rate disclosed is the 7-day yield at August 31, 2023. |
25Pioneer Floating Rate Fund, Inc. | | 8/31/23
* | 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 August 31, 2023. |
+ | Security is valued using significant unobservable inputs (Level 3). |
† | Amount rounds to less than 0.1%. |
# | Securities are restricted as to resale. |
Restricted Securities | Acquisition date | Cost | Value |
Alturas Re 2022-2 | 4/11/2023 | $1,547 | $2,797 |
Berwick Re 2019-1 | 12/31/2018 | 108,488 | 144,812 |
Cape Lookout Re | 3/16/2022 | 250,000 | 240,800 |
Commonwealth Re | 6/15/2022 | 250,000 | 250,775 |
Formby Re 2018 | 7/9/2018 | 776 | — |
Harambee Re 2018 | 12/19/2017 | 5,311 | — |
Harambee Re 2019 | 12/20/2018 | — | 475 |
Limestone Re 2019-2 | 6/20/2018 | 230 | — |
Lorenz Re 2019 | 6/26/2019 | 37,483 | 6,626 |
Matterhorn Re | 3/10/2022 | 250,000 | 241,975 |
Merion Re 2018-2 | 12/28/2017 | — | 14,995 |
Residential Re | 10/28/2021 | 250,000 | 241,850 |
Sanders Re III | 3/22/2022 | 250,000 | 237,350 |
Sector Re V | 1/1/2020 | 265 | 17,487 |
Woburn Re 2018 | 3/20/2018 | 76,185 | 5,031 |
Woburn Re 2019 | 1/30/2019 | 33,931 | 42,390 |
Total Restricted Securities | $1,447,363 | ||
% of Net assets | 1.1% |
FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS
Currency Purchased | In Exchange for | Currency Sold | Deliver | Counterparty | Settlement Date | Unrealized (Depreciation) |
USD | 400,907 | MXN | 6,980,000 | HSBC Bank USA NA | 9/29/23 | $(6,377) |
USD | 66,392 | MXN | 1,156,000 | JPMorgan Chase Bank NA | 9/29/23 | (1,060) |
TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS | $(7,437) |
Principal amounts are denominated in U.S. dollars (“USD”) unless otherwise noted.
MXN | — Mexican Peso |
USD | — United States Dollar |
Pioneer Floating Rate Fund, Inc. | | 8/31/2326
Schedule of Investments | 8/31/23
(unaudited) (continued)
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 August 31, 2023, in valuing the Fund's investments:
Level 1 | Level 2 | Level 3 | Total | |
Senior Secured Floating Rate Loan Interests | $— | $156,616,884 | $— | $156,616,884 |
Common Stock | — | — | 536,870 | 536,870 |
Asset Backed Securities | — | 3,686,490 | — | 3,686,490 |
Collateralized Mortgage Obligations | — | 3,183,061 | — | 3,183,061 |
Commercial Mortgage-Backed Securities | — | 1,271,927 | — | 1,271,927 |
Corporate Bonds | — | 15,388,556 | — | 15,388,556 |
Preferred Stock | 71,090 | — | — | 71,090 |
Insurance-Linked Securities | ||||
Collateralized Reinsurance | ||||
Multiperil – Worldwide | — | — | — | — |
Windstorm – Florida | — | — | — | — |
Reinsurance Sidecars | ||||
Multiperil – U.S. | — | — | 475 | 475 |
Multiperil – Worldwide | — | — | 234,138 | 234,138 |
All Other Insurance-Linked Securities | — | 1,212,750 | — | 1,212,750 |
U.S. Government and Agency Obligations | — | 2,988,984 | — | 2,988,984 |
Open-End Fund | 1,211,118 | — | — | 1,211,118 |
Total Investments in Securities | $1,282,208 | $184,348,652 | $771,483 | $186,402,343 |
Other Financial Instruments | ||||
Net unrealized depreciation on forward foreign currency exchange contracts | $— | $(7,437) | $— | $(7,437) |
Total Other Financial Instruments | $— | $(7,437) | $— | $(7,437) |
During the period ended August 31, 2023, there were no significant transfers in or out of Level 3.
27Pioneer Floating Rate Fund, Inc. | | 8/31/23