# EDGAR Filing Document

**Accession Number:** 0001166258
**File Stem:** 0001752724-23-038327
**Filing Date:** 2023-2
**Character Count:** 239191
**Document Hash:** 23e42837dbecf968772e24a83a2624e5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-038327.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-038327

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIONEER HIGH INCOME FUND, INC.
- **CENTRAL INDEX KEY:** 0001166258
- **IRS NUMBER:** 020563892
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21043
- **FILM NUMBER:** 23664186

**BUSINESS ADDRESS:**
- **STREET 1:** 60 STATE ST.
- **STREET 2:** 5TH FL.
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 617-742-7825

**MAIL ADDRESS:**
- **STREET 1:** 60 STATE ST
- **STREET 2:** 5TH FL
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PIONEER HIGH INCOME TRUST
- **DATE OF NAME CHANGE:** 20020129

## Nport-Ex

## Pioneer High Income Fund, Inc.
Schedule of Investments \| December 31, 2022

&nbsp;&nbsp;**Ticker Symbol: PHT** 

------

### Schedule of Investments \| 12/31/22
(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**UNAFFILIATED ISSUERS — 146.0%** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Senior Secured Floating Rate Loan<br> Interests — 4.0% of Net Assets\*(a)** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Auto Parts & Equipment — 0.6%** |  |
| 1400575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Brands Group LLC, First Lien 2021 Term Loan, 8.368% (Term SOFR + 500 bps), 3/30/27 | $1334048 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Auto Parts & Equipment** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1334048** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metal Processors & Fabrication — 0.5%** |  |
| 1125750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grinding Media, Inc. (Molycop, Ltd.), First Lien Initial Term Loan, 8.765% (LIBOR + 400 bps), 10/12/28 | $1052576 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Metal Processors & Fabrication** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1052576** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil-Field Services — 2.0%** |  |
| 4280551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ProFrac Holdings II, LLC, Term Loan, 11.105% (Term SOFR + 725 bps), 3/4/25 | $4430370 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oil-Field Services** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **4430370** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Physical Practice Management — 0.3%** |  |
| 945449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Team Health Holdings, Inc., Extended Term Loan, 9.573% (Term SOFR + 525 bps), 3/2/27 | $717360 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Physical Practice Management** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **717360** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telecom Services — 0.6%** |  |
| 1556100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patagonia Holdco LLC, Amendment No.1 Term Loan, 9.96% (Term SOFR + 575 bps), 8/1/29 | $1248770 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Telecom Services** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1248770** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Senior Secured Floating Rate Loan Interests<br> (Cost $8,886,153)** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **8783124** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Shares** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Common Stocks — 0.5% of Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Airlines — 0.2%** |  |
| 57,203(b) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Aeromexico SAB de CV | $475055 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Airlines** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **475055** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals — 0.0%†** |  |
| 22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LyondellBasell Industries NV, Class A | $1827 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Chemicals** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **1827** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels — 0.3%** |  |
| 21(b) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amplify Energy Corp. | $185 |

---

1Pioneer High Income Fund, Inc. \| \| 12/31/22

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Shares** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels — (continued)** |  |
| 802,650(b) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PetroQuest Energy, Inc. | $341126 |
| 12,271(b) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Midstream Partners LP | &nbsp;&nbsp; 204680 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oil, Gas & Consumable Fuels** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **545991** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Common Stocks<br> (Cost $1,786,157)** | &nbsp;&nbsp;&nbsp; **$** **1022873** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Collateralized Mortgage<br> Obligations—2.1% of Net Assets** |  |
| 710,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2021-R01, Class 1B2, 9.928% (SOFR30A + 600 bps), 10/25/41 (144A) | $642896 |
| 120,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fannie Mae Connecticut Avenue Securities, Series 2021-R02, Class 2B2, 10.128% (SOFR30A + 620 bps), 11/25/41 (144A) | &nbsp;&nbsp; 101115 |
| 430,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freddie Mac STACR REMIC Trust, Series 2021-DNA7, Class B2, 11.728% (SOFR30A + 780 bps), 11/25/41 (144A) | &nbsp;&nbsp; 364139 |
| 450,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freddie Mac STACR REMIC Trust, Series 2021-HQA3, Class B2, 10.178% (SOFR30A + 625 bps), 9/25/41 (144A) | &nbsp;&nbsp; 358481 |
| 610,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freddie Mac STACR REMIC Trust, Series 2022-DNA2, Class B2, 12.428% (SOFR30A + 850 bps), 2/25/42 (144A) | &nbsp;&nbsp; 500349 |
| 1,370,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freddie Mac STACR Trust, Series 2019-DNA3, Class B2, 12.539% (1 Month USD LIBOR + 815 bps), 7/25/49 (144A) | &nbsp;&nbsp; 1381943 |
| 1,350,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STACR Trust, Series 2018-HRP2, Class B2, 14.889% (1 Month USD LIBOR + 1,050 bps), 2/25/47 (144A) | &nbsp;&nbsp; 1416587 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Collateralized Mortgage Obligations<br> (Cost $5,246,279)** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **4765510** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Mortgage-Backed<br> Securities—3.9% of Net Assets** |  |
| 485,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Funding Mortgage Trust, Series 2020-9, Class B, 19.02% (1 Month USD LIBOR + 1,490 bps), 11/15/23 (144A) | $476638 |
| 605,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Funding Mortgage Trust, Series 2021-8, Class B, 16.87% (1 Month USD LIBOR + 1,310 bps), 6/22/23 (144A) | &nbsp;&nbsp; 605000 |

---

Pioneer High Income Fund, Inc. \| \| 12/31/222

------

(unaudited) (continued)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Mortgage-Backed<br> Securities—(continued)** |  |
| 1,500,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Funding Mortgage Trust, Series 2021-19, Class B, 19.33% (1 Month USD LIBOR + 1,521 bps), 11/6/23 (144A) | $1459676 |
| 1,163,406(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FREMF Mortgage Trust, Series 2019-KJ24, Class B, 7.60%, 10/25/27 (144A) | &nbsp;&nbsp; 1057545 |
| 1,500,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FREMF Mortgage Trust, Series 2019-KS12, Class C, 11.042% (1 Month USD LIBOR + 690 bps), 8/25/29 | &nbsp;&nbsp; 1347012 |
| 315,852(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FREMF Mortgage Trust, Series 2020-KF74, Class C, 10.392% (1 Month USD LIBOR + 625 bps), 1/25/27 (144A) | &nbsp;&nbsp; 287561 |
| 676,339(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FREMF Mortgage Trust, Series 2020-KF83, Class C, 13.142% (1 Month USD LIBOR + 900 bps), 7/25/30 (144A) | &nbsp;&nbsp; 626709 |
| 1,175,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Med Trust, Series 2021-MDLN, Class G, 9.568% (1 Month USD LIBOR + 525 bps), 11/15/38 (144A) | &nbsp;&nbsp; 1060501 |
| 2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Series 2015-C28, Class E, 3.00%, 5/15/48 (144A) | &nbsp;&nbsp; 1719348 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Commercial Mortgage-Backed Securities<br> (Cost $9,334,937)** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **8639990** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Convertible Corporate Bonds —<br> 2.2% of Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banks — 0.0%†** |  |
| &nbsp;&nbsp;IDR1,422,679,000^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PT Bakrie & Brothers Tbk, 2/15/23 | $14256 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Banks** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **14256** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals — 1.7%** |  |
| 4,000,000(d) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hercules LLC, 6.50%, 6/30/29 | $3659561 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Chemicals** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **3659561** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Entertainment — 0.4%** |  |
| 655,000(e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DraftKings Holdings, Inc., 3/15/28 | $405117 |
| 449000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IMAX Corp., 0.50%, 4/1/26 | &nbsp;&nbsp; 378692 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Entertainment** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **783809** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Internet — 0.0%†** |  |
| 135000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perficient, Inc., 0.125%, 11/15/26 | $104288 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Internet** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **104288** |

---

3Pioneer High Income Fund, Inc. \| \| 12/31/22

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals — 0.0%†** |  |
| 1,300,000(f) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tricida, Inc., 3.50%, 5/15/27 | $117000 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Pharmaceuticals** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **117000** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**REITs — 0.1%** |  |
| 235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summit Hotel Properties, Inc., 1.50%, 2/15/26 | $200690 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total REITs** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **200690** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Convertible Corporate Bonds<br> (Cost $5,543,504)** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **4879604** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Corporate Bonds — 118.3% of Net<br> Assets** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Advertising — 2.3%** |  |
| 2090000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clear Channel Outdoor Holdings, Inc., 7.50%, 6/1/29 (144A) | $1534624 |
| 900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clear Channel Outdoor Holdings, Inc., 7.75%, 4/15/28 (144A) | &nbsp;&nbsp; 657008 |
| 2010000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stagwell Global LLC, 5.625%, 8/15/29 (144A) | &nbsp;&nbsp; 1657406 |
| 1445000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Summer BC Bidco B LLC, 5.50%, 10/31/26 (144A) | &nbsp;&nbsp; 1172531 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Advertising** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **5021569** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aerospace & Defense — 2.3%** |  |
| 2150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bombardier, Inc., 6.00%, 2/15/28 (144A) | $1988148 |
| 960000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bombardier, Inc., 7.125%, 6/15/26 (144A) | &nbsp;&nbsp; 931406 |
| 1210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Howmet Aerospace, Inc., 6.875%, 5/1/25 | &nbsp;&nbsp; 1241666 |
| 740000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit AeroSystems, Inc., 9.375%, 11/30/29 (144A) | &nbsp;&nbsp; 778998 |
| 210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Triumph Group, Inc., 8.875%, 6/1/24 (144A) | &nbsp;&nbsp; 213675 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Aerospace & Defense** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **5153893** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Airlines — 5.7%** |  |
| 420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allegiant Travel Co., 7.25%, 8/15/27 (144A) | $399488 |
| 355000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines, Inc., 7.375%, 1/15/26 | &nbsp;&nbsp; 362718 |
| 3255000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Aeromexico SAB de CV, 8.50%, 3/17/27 (144A) | &nbsp;&nbsp; 2874951 |
| 330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Latam Airlines Group SA, 13.375%, 10/15/29 (144A) | &nbsp;&nbsp; 336019 |
| 1242080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets, Ltd., 6.50%, 6/20/27 (144A) | &nbsp;&nbsp; 1234878 |
| 3960000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pegasus Hava Tasimaciligi AS, 9.25%, 4/30/26 (144A) | &nbsp;&nbsp; 3891888 |

---

Pioneer High Income Fund, Inc. \| \| 12/31/224

------

(unaudited) (continued)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Airlines — (continued)** |  |
| 1375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit Loyalty Cayman, Ltd./Spirit IP Cayman, Ltd., 8.00%, 9/20/25 (144A) | $1382054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR2,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transportes Aereos Portugueses SA, 5.625%, 12/2/24 (144A) | &nbsp;&nbsp; 2022497 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Airlines** | &nbsp;&nbsp; **$** **12504493** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Auto Manufacturers — 0.8%** |  |
| 1735000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JB Poindexter & Co., Inc., 7.125%, 4/15/26 (144A) | $1674275 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Auto Manufacturers** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1674275** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Auto Parts & Equipment — 0.7%** |  |
| 1798000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dealer Tire LLC/DT Issuer LLC, 8.00%, 2/1/28 (144A) | $1582012 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Auto Parts & Equipment** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1582012** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banks — 2.9%** |  |
| 600,000(c)(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp., 6.50% (3 Month USD LIBOR + 417 bps) | $591799 |
| 700,000(c)(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG, 7.50% (5 Year USD Swap Rate + 460 bps) (144A) | &nbsp;&nbsp; 609000 |
| 1931000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage Corp., 8.125%, 11/15/24 (144A) | &nbsp;&nbsp; 1776520 |
| 1680000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freedom Mortgage Corp., 8.25%, 4/15/25 (144A) | &nbsp;&nbsp; 1511122 |
| 675,000(c)(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intesa Sanpaolo S.p.A., 7.70% (5 Year USD Swap Rate + 546 bps) (144A) | &nbsp;&nbsp; 612439 |
| 1,240,000(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toronto-Dominion Bank, 8.125% (5 Year CMT Index + 408 bps), 10/31/82 | &nbsp;&nbsp; 1289600 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Banks** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **6390480** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Biotechnology — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR745,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cidron Aida Finco S.a.r.l., 5.00%, 4/1/28 (144A) | $679856 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Biotechnology** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **679856** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Building Materials — 1.6%** |  |
| 470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cornerstone Building Brands, Inc., 6.125%, 1/15/29 (144A) | $330993 |
| 424000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Koppers, Inc., 6.00%, 2/15/25 (144A) | &nbsp;&nbsp; 402800 |
| 815000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oscar AcquisitionCo LLC/Oscar Finance, Inc., 9.50%, 4/15/30 (144A) | &nbsp;&nbsp; 731381 |
| 2062000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patrick Industries, Inc., 7.50%, 10/15/27 (144A) | &nbsp;&nbsp; 2000199 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Building Materials** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **3465373** |

---

5Pioneer High Income Fund, Inc. \| \| 12/31/22

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Chemicals — 4.6%** |  |
| 910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Braskem Idesa SAPI, 6.99%, 2/20/32 (144A) | $649575 |
| 1355000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF11 A5 HoldCo LLC, 6.625%, 10/15/29 (144A) | &nbsp;&nbsp; 1119381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR885,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lune Holdings S.a.r.l., 5.625%, 11/15/28 (144A) | &nbsp;&nbsp; 773408 |
| 2250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LYB Finance Co. BV, 8.10%, 3/15/27 (144A) | &nbsp;&nbsp; 2450604 |
| 831000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings, Inc., 6.875%, 10/1/26 (144A) | &nbsp;&nbsp; 733358 |
| 470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olin Corp., 9.50%, 6/1/25 (144A) | &nbsp;&nbsp; 496690 |
| 2316000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rain CII Carbon LLC/CII Carbon Corp., 7.25%, 4/1/25 (144A) | &nbsp;&nbsp; 2134194 |
| 2030000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tronox, Inc., 4.625%, 3/15/29 (144A) | &nbsp;&nbsp; 1687437 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Chemicals** | &nbsp;&nbsp; **$** **10044647** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commercial Services — 7.1%** |  |
| 495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC/Allied Universal Finance Corp., 6.00%, 6/1/29 (144A) | $359251 |
| 350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC/Allied Universal Finance Corp., 6.625%, 7/15/26 (144A) | &nbsp;&nbsp; 320250 |
| 1905000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC/Allied Universal Finance Corp., 9.75%, 7/15/27 (144A) | &nbsp;&nbsp; 1657350 |
| 790000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atento Luxco 1 SA, 8.00%, 2/10/26 (144A) | &nbsp;&nbsp; 418700 |
| 2116000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security Corp., 6.00%, 6/1/29 (144A) | &nbsp;&nbsp; 1719352 |
| 2059000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security Corp., 9.50%, 11/1/27 (144A) | &nbsp;&nbsp; 1983057 |
| 319000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herc Holdings, Inc., 5.50%, 7/15/27 (144A) | &nbsp;&nbsp; 297547 |
| 1470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune Bidco US, Inc., 9.29%, 4/15/29 (144A) | &nbsp;&nbsp; 1385475 |
| 915000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NESCO Holdings II, Inc., 5.50%, 4/15/29 (144A) | &nbsp;&nbsp; 800625 |
| 1760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PECF USS Intermediate Holding III Corp., 8.00%, 11/15/29 (144A) | &nbsp;&nbsp; 1143454 |
| 4155000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Security Services Borrower LLC/Prime Finance, Inc., 6.25%, 1/15/28 (144A) | &nbsp;&nbsp; 3781715 |
| 1093000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sotheby's, 7.375%, 10/15/27 (144A) | &nbsp;&nbsp; 1024829 |
| 862000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verscend Escrow Corp., 9.75%, 8/15/26 (144A) | &nbsp;&nbsp; 844510 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Commercial Services** | &nbsp;&nbsp; **$** **15736115** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Computers — 1.2%** |  |
| 1,810,000(h) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diebold Nixdorf, Inc., 8.50% (8.50% PIK or 12.50% PIK or 8.50% Cash), 10/15/26 (144A) | $1781565 |
| 180250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diebold Nixdorf, Inc., 9.375%, 7/15/25 (144A) | &nbsp;&nbsp; 121669 |
| 980000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR Corp., 5.00%, 10/1/28 (144A) | &nbsp;&nbsp; 835483 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Computers** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **2738717** |

---

Pioneer High Income Fund, Inc. \| \| 12/31/226

------

(unaudited) (continued)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Financial Services — 9.0%** |  |
| 2150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASG Finance Designated Activity Co., 7.875%, 12/3/24 (144A) | $2053250 |
| 1,275,606(h) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avation Capital SA, 8.25% (9.00% PIK or 8.25% Cash), 10/31/26 (144A) | &nbsp;&nbsp; 1001351 |
| 4055000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bread Financial Holdings, Inc., 7.00%, 1/15/26 (144A) | &nbsp;&nbsp; 3527850 |
| 140,000(f) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credito Real SAB de CV SOFOM ER, 8.00%, 1/21/28 (144A) | &nbsp;&nbsp; 3500 |
| 1,500,000(f) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credito Real SAB de CV SOFOM ER, 9.50%, 2/7/26 (144A) | &nbsp;&nbsp; 35625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR480,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garfunkelux Holdco 3 SA, 6.75%, 11/1/25 (144A) | &nbsp;&nbsp; 409640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GBP820,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garfunkelux Holdco 3 SA, 7.75%, 11/1/25 (144A) | &nbsp;&nbsp; 770242 |
| 2,225,479(h) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Aircraft Leasing Co., Ltd., 6.50% (7.25% PIK or 6.50% Cash), 9/15/24 (144A) | &nbsp;&nbsp; 1891657 |
| 1130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance LLC/JFIN Co.-Issuer Corp., 5.00%, 8/15/28 (144A) | &nbsp;&nbsp; 921775 |
| 1020000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nationstar Mortgage Holdings, Inc., 5.125%, 12/15/30 (144A) | &nbsp;&nbsp; 787784 |
| 845000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nationstar Mortgage Holdings, Inc., 6.00%, 1/15/27 (144A) | &nbsp;&nbsp; 756275 |
| 160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance Corp., 6.625%, 1/15/28 | &nbsp;&nbsp; 147333 |
| 755000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PHH Mortgage Corp., 7.875%, 3/15/26 (144A) | &nbsp;&nbsp; 670692 |
| 3415000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provident Funding Associates LP/PFG Finance Corp., 6.375%, 6/15/25 (144A) | &nbsp;&nbsp; 2971050 |
| 1051000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Wholesale Mortgage LLC, 5.50%, 4/15/29 (144A) | &nbsp;&nbsp; 836050 |
| 1860000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Wholesale Mortgage LLC, 5.75%, 6/15/27 (144A) | &nbsp;&nbsp; 1601258 |
| 1705000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VistaJet Malta Finance Plc/XO Management Holding, Inc., 7.875%, 5/1/27 (144A) | &nbsp;&nbsp; 1538157 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Diversified Financial Services** | &nbsp;&nbsp; **$** **19923489** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric — 1.4%** |  |
| 825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cemig Geracao e Transmissao SA, 9.25%, 12/5/24 (144A) | $845707 |
| 1,010,000(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enel S.p.A., 8.75% (5 Year USD Swap Rate + 588 bps), 9/24/73 (144A) | &nbsp;&nbsp; 1010837 |
| 676000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy, Inc., 6.625%, 1/15/27 | &nbsp;&nbsp; 670288 |

---

7Pioneer High Income Fund, Inc. \| \| 12/31/22

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electric — (continued)** |  |
| 462360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NSG Holdings LLC/NSG Holdings, Inc., 7.75%, 12/15/25 (144A) | $447333 |
| 6000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Co. LLC, 5.625%, 2/15/27 (144A) | &nbsp;&nbsp; 5692 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Electric** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **2979857** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Electrical Components & Equipments — 0.6%** |  |
| 750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution, Inc., 7.125%, 6/15/25 (144A) | $759384 |
| 520000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution, Inc., 7.25%, 6/15/28 (144A) | &nbsp;&nbsp; 526747 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Electrical Components & Equipments** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1286131** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy-Alternate Sources — 0.1%** |  |
| 198,783(h) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SCC Power Plc, 4.00% (4.00% PIK or 4.00% Cash), 5/17/32 (144A) | $5930 |
| 366,982(h) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SCC Power Plc, 8.00% (4.00% PIK & 4.00% Cash or 8.00% Cash), 12/31/28 (144A) | &nbsp;&nbsp; 126976 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Energy-Alternate Sources** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **132906** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Engineering & Construction — 1.2%** |  |
| 2708229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Artera Services LLC, 9.033%, 12/4/25 (144A) | $2256198 |
| 475000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brundage-Bone Concrete Pumping Holdings, Inc., 6.00%, 2/1/26 (144A) | &nbsp;&nbsp; 433032 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Engineering & Construction** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **2689230** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Entertainment — 4.9%** |  |
| 2264138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AMC Entertainment Holdings, Inc., 10.00%, 6/15/26 (144A) | $916976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR247,360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cirsa Finance International S.a.r.l., 6.25%, 12/20/23 (144A) | &nbsp;&nbsp; 262237 |
| 380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Game Technology Plc, 4.125%, 4/15/26 (144A) | &nbsp;&nbsp; 354409 |
| 395000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Game Technology Plc, 6.25%, 1/15/27 (144A) | &nbsp;&nbsp; 392038 |
| 208000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Game Technology Plc, 6.50%, 2/15/25 (144A) | &nbsp;&nbsp; 209267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR755,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lottomatica S.p.A., 9.75%, 9/30/27 (144A) | &nbsp;&nbsp; 836476 |
| 1880000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mohegan Tribal Gaming Authority, 8.00%, 2/1/26 (144A) | &nbsp;&nbsp; 1758345 |
| 705000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games Holdings LP/Scientific Games US FinCo, Inc., 6.625%, 3/1/30 (144A) | &nbsp;&nbsp; 595513 |
| 1910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games International, Inc., 7.00%, 5/15/28 (144A) | &nbsp;&nbsp; 1821968 |

---

Pioneer High Income Fund, Inc. \| \| 12/31/228

------

(unaudited) (continued)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Entertainment — (continued)** |  |
| 1910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games International, Inc., 7.25%, 11/15/29 (144A) | $1833600 |
| 2035000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SeaWorld Parks & Entertainment, Inc., 5.25%, 8/15/29 (144A) | &nbsp;&nbsp; 1771872 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Entertainment** | &nbsp;&nbsp; **$** **10752701** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Environmental Control — 0.4%** |  |
| 766000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tervita Corp., 11.00%, 12/1/25 (144A) | $823503 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Environmental Control** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **823503** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Food — 1.7%** |  |
| 531000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC, 7.50%, 3/15/26 (144A) | $542225 |
| 1043000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAGE International SA/FAGE USA Dairy Industry, Inc., 5.625%, 8/15/26 (144A) | &nbsp;&nbsp; 967529 |
| 2795000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Frigorifico Concepcion SA, 7.70%, 7/21/28 (144A) | &nbsp;&nbsp; 2256962 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Food** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **3766716** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Forest Products & Paper — 2.2%** |  |
| 2035000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mercer International, Inc., 5.125%, 2/1/29 | $1701280 |
| 3290000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sylvamo Corp., 7.00%, 9/1/29 (144A) | &nbsp;&nbsp; 3131470 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Forest Products & Paper** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **4832750** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare-Products — 0.8%** |  |
| 1809000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Varex Imaging Corp., 7.875%, 10/15/27 (144A) | $1796645 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Healthcare-Products** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1796645** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare-Services — 3.6%** |  |
| 975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Auna SAA, 6.50%, 11/20/25 (144A) | $808405 |
| 580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS/Community Health Systems, Inc., 5.625%, 3/15/27 (144A) | &nbsp;&nbsp; 497327 |
| 265000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS/Community Health Systems, Inc., 6.00%, 1/15/29 (144A) | &nbsp;&nbsp; 221667 |
| 580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legacy LifePoint Health LLC, 6.75%, 4/15/25 (144A) | &nbsp;&nbsp; 545832 |
| 385000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health, Inc., 5.375%, 1/15/29 (144A) | &nbsp;&nbsp; 217563 |
| 2640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Healthcare Services, Inc., 7.25%, 11/1/25 (144A) | &nbsp;&nbsp; 2230812 |
| 1406000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Surgery Center Holdings, Inc., 10.00%, 4/15/27 (144A) | &nbsp;&nbsp; 1430605 |

---

9Pioneer High Income Fund, Inc. \| \| 12/31/22

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Healthcare-Services — (continued)** |  |
| 1645000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Acute Care Solutions LLC, 6.375%, 3/1/26 (144A) | $1459812 |
| 2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Renal Care, Inc., 10.625%, 7/15/27 (144A) | &nbsp;&nbsp; 543750 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Healthcare-Services** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **7955773** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Home Builders — 1.3%** |  |
| 475000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beazer Homes USA, Inc., 6.75%, 3/15/25 | $458286 |
| 1155000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beazer Homes USA, Inc., 7.25%, 10/15/29 | &nbsp;&nbsp; 1027354 |
| 1680000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brookfield Residential Properties, Inc./Brookfield Residential US LLC, 4.875%, 2/15/30 (144A) | &nbsp;&nbsp; 1309841 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Home Builders** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **2795481** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Housewares — 0.1%** |  |
| 250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CD&R Smokey Buyer, Inc., 6.75%, 7/15/25 (144A) | $214530 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Housewares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **214530** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance — 5.7%** |  |
| 3800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanover Insurance Group, Inc., 7.625%, 10/15/25 | $3977926 |
| 3,075,000(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liberty Mutual Group, Inc., 10.75% (3 Month USD LIBOR + 712 bps), 6/15/58 (144A) | &nbsp;&nbsp; 3972961 |
| 3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liberty Mutual Insurance Co., 7.697%, 10/15/97 (144A) | &nbsp;&nbsp; 3240137 |
| 1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MetLife, Inc., 10.75%, 8/1/39 | &nbsp;&nbsp; 1459359 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Insurance** | &nbsp;&nbsp; **$** **12650383** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Internet — 0.7%** |  |
| 1410000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cogent Communications Group, Inc., 7.00%, 6/15/27 (144A) | $1381698 |
| 205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expedia Group, Inc., 6.25%, 5/1/25 (144A) | &nbsp;&nbsp; 206738 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Internet** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1588436** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Iron & Steel — 1.9%** |  |
| 1855000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carpenter Technology Corp., 7.625%, 3/15/30 | $1859428 |
| 205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources, Ltd., 8.00%, 11/1/27 (144A) | &nbsp;&nbsp; 209617 |
| 865000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources, Ltd., 8.50%, 5/1/30 (144A) | &nbsp;&nbsp; 876703 |
| 1860000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TMS International Corp., 6.25%, 4/15/29 (144A) | &nbsp;&nbsp; 1330383 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Iron & Steel** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **4276131** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure Time — 4.2%** |  |
| 215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Corp., 7.625%, 3/1/26 (144A) | $170408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR280,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Corp., 7.625%, 3/1/26 (144A) | &nbsp;&nbsp; 240680 |
| 285000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Corp., 10.50%, 2/1/26 (144A) | &nbsp;&nbsp; 286356 |

---

Pioneer High Income Fund, Inc. \| \| 12/31/2210

------

(unaudited) (continued)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Leisure Time — (continued)** |  |
| 235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Holdings Bermuda, Ltd., 10.375%, 5/1/28 (144A) | $241253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR731,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Plc, 1.00%, 10/28/29 | &nbsp;&nbsp; 316912 |
| 1295000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL Corp., Ltd., 5.875%, 3/15/26 (144A) | &nbsp;&nbsp; 1017184 |
| 2435000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL Corp., Ltd., 7.75%, 2/15/29 (144A) | &nbsp;&nbsp; 1832435 |
| 360000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL Finance, Ltd., 6.125%, 3/15/28 (144A) | &nbsp;&nbsp; 265760 |
| 745000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises, Ltd., 5.50%, 4/1/28 (144A) | &nbsp;&nbsp; 594543 |
| 380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises, Ltd., 11.50%, 6/1/25 (144A) | &nbsp;&nbsp; 407550 |
| 1360000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises, Ltd., 11.625%, 8/15/27 (144A) | &nbsp;&nbsp; 1365753 |
| 2790000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viking Cruises, Ltd., 6.25%, 5/15/25 (144A) | &nbsp;&nbsp; 2531925 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Leisure Time** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **9270759** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Lodging — 1.4%** |  |
| 315000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyatt Hotels Corp., 5.625%, 4/23/25 | $312569 |
| 390000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyatt Hotels Corp., 6.00%, 4/23/30 | &nbsp;&nbsp; 381508 |
| 1700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International, 6.00%, 3/15/23 | &nbsp;&nbsp; 1693965 |
| 725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Travel + Leisure Co., 6.625%, 7/31/26 (144A) | &nbsp;&nbsp; 709240 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Lodging** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **3097282** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Machinery-Construction & Mining — 0.4%** |  |
| 955000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terex Corp., 5.00%, 5/15/29 (144A) | $858306 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Machinery-Construction & Mining** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **858306** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media — 3.5%** |  |
| 480000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Audacy Capital Corp., 6.75%, 3/31/29 (144A) | $83140 |
| 2050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cengage Learning, Inc., 9.50%, 6/15/24 (144A) | &nbsp;&nbsp; 1955187 |
| 2200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings LLC, 4.625%, 12/1/30 (144A) | &nbsp;&nbsp; 1215795 |
| 825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings LLC, 5.00%, 11/15/31 (144A) | &nbsp;&nbsp; 460928 |
| 1057000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Television, Inc., 7.00%, 5/15/27 (144A) | &nbsp;&nbsp; 937337 |
| 3530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;McGraw-Hill Education, Inc., 8.00%, 8/1/29 (144A) | &nbsp;&nbsp; 2919195 |
| 55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Univision Communications, Inc., 7.375%, 6/30/30 (144A) | &nbsp;&nbsp; 52564 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Media** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **7624146** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metal Fabricate/Hardware — 0.4%** |  |
| 1185000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park-Ohio Industries, Inc., 6.625%, 4/15/27 | $805018 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Metal Fabricate/Hardware** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **805018** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Mining — 1.7%** |  |
| 940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arconic Corp., 6.125%, 2/15/28 (144A) | $881969 |

---

11Pioneer High Income Fund, Inc. \| \| 12/31/22

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Mining — (continued)** |  |
| 1665000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coeur Mining, Inc., 5.125%, 2/15/29 (144A) | $1299410 |
| 375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Quantum Minerals, Ltd., 6.875%, 3/1/26 (144A) | &nbsp;&nbsp; 355133 |
| 705000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Quantum Minerals, Ltd., 6.875%, 10/15/27 (144A) | &nbsp;&nbsp; 661447 |
| 692000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hudbay Minerals, Inc., 6.125%, 4/1/29 (144A) | &nbsp;&nbsp; 626641 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Mining** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **3824600** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil & Gas — 16.0%** |  |
| 2430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aethon United BR LP/Aethon United Finance Corp., 8.25%, 2/15/26 (144A) | $2410429 |
| 1105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings LLC/ARU Finance Corp., 5.875%, 6/30/29 (144A) | &nbsp;&nbsp; 985251 |
| 4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baytex Energy Corp., 8.75%, 4/1/27 (144A) | &nbsp;&nbsp; 4069880 |
| 624000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cenovus Energy, Inc., 6.75%, 11/15/39 | &nbsp;&nbsp; 647439 |
| 2085000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colgate Energy Partners III LLC, 7.75%, 2/15/26 (144A) | &nbsp;&nbsp; 2022533 |
| 2135000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harbour Energy Plc, 5.50%, 10/15/26 (144A) | &nbsp;&nbsp; 1913216 |
| 830000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilcorp Energy I LP/Hilcorp Finance Co., 6.00%, 2/1/31 (144A) | &nbsp;&nbsp; 715924 |
| 833000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Petroleum Corp., 7.25%, 2/1/27 (144A) | &nbsp;&nbsp; 766360 |
| 870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kosmos Energy, Ltd., 7.75%, 5/1/27 (144A) | &nbsp;&nbsp; 725411 |
| 1010000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MEG Energy Corp., 5.875%, 2/1/29 (144A) | &nbsp;&nbsp; 952455 |
| 1535000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MEG Energy Corp., 7.125%, 2/1/27 (144A) | &nbsp;&nbsp; 1565534 |
| 1280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Murphy Oil Corp., 6.375%, 7/15/28 | &nbsp;&nbsp; 1232057 |
| 305000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries, Inc., 7.375%, 5/15/27 (144A) | &nbsp;&nbsp; 295452 |
| 1109000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries, Ltd., 7.50%, 1/15/28 (144A) | &nbsp;&nbsp; 1014620 |
| 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neptune Energy Bondco Plc, 6.625%, 5/15/25 (144A) | &nbsp;&nbsp; 1942016 |
| 2010000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corp., 4.40%, 4/15/46 | &nbsp;&nbsp; 1569850 |
| 2560000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parkland Corp., 4.625%, 5/1/30 (144A) | &nbsp;&nbsp; 2118400 |
| 692000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos, 6.70%, 2/16/32 | &nbsp;&nbsp; 543391 |
| 579000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Precision Drilling Corp., 6.875%, 1/15/29 (144A) | &nbsp;&nbsp; 539053 |
| 2269000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shelf Drilling Holdings, Ltd., 8.25%, 2/15/25 (144A) | &nbsp;&nbsp; 1962685 |
| 1015000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shelf Drilling Holdings, Ltd., 8.875%, 11/15/24 (144A) | &nbsp;&nbsp; 994700 |
| 885000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy Co., 4.75%, 2/1/32 | &nbsp;&nbsp; 756312 |
| 1720000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tap Rock Resources LLC, 7.00%, 10/1/26 (144A) | &nbsp;&nbsp; 1599772 |
| 2075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tullow Oil Plc, 10.25%, 5/15/26 (144A) | &nbsp;&nbsp; 1664150 |

---

Pioneer High Income Fund, Inc. \| \| 12/31/2212

------

(unaudited) (continued)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil & Gas — (continued)** |  |
| 1750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vermilion Energy, Inc., 6.875%, 5/1/30 (144A) | $1597020 |
| 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YPF SA, 6.95%, 7/21/27 (144A) | &nbsp;&nbsp; 708420 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oil & Gas** | &nbsp;&nbsp; **$** **35312330** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil & Gas Services — 2.2%** |  |
| 385000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archrock Partners LP/Archrock Partners Finance Corp., 6.25%, 4/1/28 (144A) | $352280 |
| 2583000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archrock Partners LP/Archrock Partners Finance Corp., 6.875%, 4/1/27 (144A) | &nbsp;&nbsp; 2465898 |
| 1445000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enerflex, Ltd., 9.00%, 10/15/27 (144A) | &nbsp;&nbsp; 1441019 |
| 703000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners LP/USA Compression Finance Corp., 6.875%, 9/1/27 | &nbsp;&nbsp; 657305 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Oil & Gas Services** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **4916502** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Packaging & Containers — 0.6%** |  |
| 1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OI European Group BV, 4.75%, 2/15/30 (144A) | $1401120 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Packaging & Containers** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1401120** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pharmaceuticals — 1.6%** |  |
| 1,376,000(f) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Endo Dac/Endo Finance LLC/Endo Finco, Inc., 9.50%, 7/31/27 (144A) | $192640 |
| 965000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;P&L Development LLC/PLD Finance Corp., 7.75%, 11/15/25 (144A) | &nbsp;&nbsp; 781650 |
| 579000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Par Pharmaceutical, Inc., 7.50%, 4/1/27 (144A) | &nbsp;&nbsp; 440025 |
| 2080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Finance Netherlands III BV, 2.80%, 7/21/23 | &nbsp;&nbsp; 2033200 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Pharmaceuticals** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **3447515** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pipelines — 7.6%** |  |
| 1770000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acu Petroleo Luxembourg S.a.r.l., 7.50%, 1/13/32 (144A) | $1611580 |
| 910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DCP Midstream Operating LP, 5.60%, 4/1/44 | &nbsp;&nbsp; 848461 |
| 1,175,000(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DCP Midstream Operating LP, 5.85% (3 Month USD LIBOR + 385 bps), 5/21/43 (144A) | &nbsp;&nbsp; 1146236 |
| 1210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delek Logistics Partners LP/Delek Logistics Finance Corp., 6.75%, 5/15/25 | &nbsp;&nbsp; 1162919 |
| 1060000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delek Logistics Partners LP/Delek Logistics Finance Corp., 7.125%, 6/1/28 (144A) | &nbsp;&nbsp; 956120 |
| 1,524,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer LP, 7.457% (3 Month USD LIBOR + 302 bps), 11/1/66 | &nbsp;&nbsp; 1176680 |
| 1,965,000(c)(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer LP, 7.125% (5 Year CMT Index + 531 bps) | &nbsp;&nbsp; 1640775 |
| 248000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream Partners LP, 5.05%, 4/1/45 | &nbsp;&nbsp; 187941 |
| 270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream Partners LP, 5.45%, 6/1/47 | &nbsp;&nbsp; 216878 |

---

13Pioneer High Income Fund, Inc. \| \| 12/31/22

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Pipelines — (continued)** |  |
| 717000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream Partners LP, 5.60%, 4/1/44 | $591358 |
| 770000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genesis Energy LP/Genesis Energy Finance Corp., 8.00%, 1/15/27 | &nbsp;&nbsp; 727319 |
| 421000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Partners LP/GLP Finance Corp., 7.00%, 8/1/27 | &nbsp;&nbsp; 399793 |
| 1515000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest Midstream I LP, 7.50%, 9/1/28 (144A) | &nbsp;&nbsp; 1445977 |
| 1150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NuStar Logistics LP, 6.375%, 10/1/30 | &nbsp;&nbsp; 1063364 |
| 1850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc., 6.875%, 9/30/28 | &nbsp;&nbsp; 1879962 |
| 1801000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams Cos., Inc., 5.75%, 6/24/44 | &nbsp;&nbsp; 1714683 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Pipelines** | &nbsp;&nbsp; **$** **16770046** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**REITs — 1.7%** |  |
| 230000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC, 6.00%, 1/15/30 (144A) | $145539 |
| 3676000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC, 7.875%, 2/15/25 (144A) | &nbsp;&nbsp; 3557975 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total REITs** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **3703514** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail — 1.4%** |  |
| 1240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AAG FH LP/AAG FH Finco, Inc., 9.75%, 7/15/24 (144A) | $1190400 |
| 1365000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LCM Investments Holdings II LLC, 4.875%, 5/1/29 (144A) | &nbsp;&nbsp; 1093076 |
| 275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SRS Distribution, Inc., 6.125%, 7/1/29 (144A) | &nbsp;&nbsp; 222343 |
| 798000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Staples, Inc., 7.50%, 4/15/26 (144A) | &nbsp;&nbsp; 686823 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Retail** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **3192642** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Software — 1.0%** |  |
| 2245000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AthenaHealth Group, Inc., 6.50%, 2/15/30 (144A) | $1654413 |
| 1350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rackspace Technology Global, Inc., 5.375%, 12/1/28 (144A) | &nbsp;&nbsp; 588413 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Software** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **2242826** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telecommunications — 5.6%** |  |
| 1495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France Holding SA, 6.00%, 2/15/28 (144A) | $882486 |
| 1169000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France Holding SA, 10.50%, 5/15/27 (144A) | &nbsp;&nbsp; 891363 |
| 270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France SA, 5.125%, 1/15/29 (144A) | &nbsp;&nbsp; 203016 |
| 1934000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CommScope Technologies LLC, 6.00%, 6/15/25 (144A) | &nbsp;&nbsp; 1759940 |
| 910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CommScope, Inc., 4.75%, 9/1/29 (144A) | &nbsp;&nbsp; 733642 |

---

Pioneer High Income Fund, Inc. \| \| 12/31/2214

------

(unaudited) (continued)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Telecommunications — (continued)** |  |
| 119296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digicel International Finance Ltd/Digicel international Holdings, Ltd., 8.00%, 12/31/26 (144A) | $52490 |
| 298833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digicel International Finance Ltd/Digicel international Holdings, Ltd., 8.75%, 5/25/24 (144A) | &nbsp;&nbsp; 256996 |
| 181,792(h) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digicel International Finance Ltd/Digicel international Holdings, Ltd., 13.00% (7.00% PIK or 6.00% Cash), 12/31/25 (144A) | &nbsp;&nbsp; 93623 |
| 1050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GoTo Group, Inc., 5.50%, 9/1/27 (144A) | &nbsp;&nbsp; 564713 |
| 1620000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maxar Technologies, Inc., 7.75%, 6/15/27 (144A) | &nbsp;&nbsp; 1681937 |
| 3080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sprint LLC, 7.125%, 6/15/24 | &nbsp;&nbsp; 3140183 |
| 41000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sprint LLC, 7.625%, 3/1/26 | &nbsp;&nbsp; 43145 |
| 2385000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Windstream Escrow LLC/Windstream Escrow Finance Corp., 7.75%, 8/15/28 (144A) | &nbsp;&nbsp; 1943358 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Telecommunications** | &nbsp;&nbsp; **$** **12246892** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transportation — 3.6%** |  |
| 2640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carriage Purchaser, Inc., 7.875%, 10/15/29 (144A) | $1874400 |
| 1375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Danaos Corp., 8.50%, 3/1/28 (144A) | &nbsp;&nbsp; 1320000 |
| 820000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seaspan Corp., 5.50%, 8/1/29 (144A) | &nbsp;&nbsp; 621396 |
| 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seaspan Corp., 6.50%, 4/29/26 (144A) | &nbsp;&nbsp; 1470000 |
| 1240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Watco Cos. LLC/Watco Finance Corp., 6.50%, 6/15/27 (144A) | &nbsp;&nbsp; 1178000 |
| 2055000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Global Airlines LLC, 10.375%, 8/15/25 (144A) | &nbsp;&nbsp; 1543163 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Transportation** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **8006959** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Trucking & Leasing — 0.3%** |  |
| 690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Transportation and Infrastructure Investors LLC, 9.75%, 8/1/27 (144A) | $691725 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Trucking & Leasing** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **691725** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Corporate Bonds<br> (Cost $288,356,072)** | **$260868274** |

---

15Pioneer High Income Fund, Inc. \| \| 12/31/22

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Shares** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Convertible Preferred Stock — 0.5%<br> of Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banks — 0.5%** |  |
| 895(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Co., 7.50% | $1060575 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Banks** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1060575** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Convertible Preferred Stock<br> (Cost $1,131,293)** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1060575** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Preferred Stock — 1.4% of Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Capital Markets — 0.0%†** |  |
| 2144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B Riley Financial, Inc., 6.75%, 5/31/24 | $52313 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Capital Markets** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **52313** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diversified Financial Services — 1.3%** |  |
| 3,000(c)(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Compeer Financial ACA, 6.75% (3 Month USD LIBOR + 458 bps) (144A) | $2910000 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Diversified Financial Services** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **2910000** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Internet — 0.1%** |  |
| 129055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MYT Holding LLC, 10.00%, 6/6/29 | $83886 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Internet** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **83886** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Preferred Stock<br> (Cost $3,288,282)** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **3046199** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Rights/Warrants — 0.0%† of Net<br> Assets** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aerospace & Defense — 0.0%†** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GBP21,700(b) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avation Plc, 1/1/59 | $7870 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Aerospace & Defense** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **7870** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Metals & Mining — 0.0%†** |  |
| 1,819,798(i) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ANR, Inc., 3/31/23 | $13649 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Metals & Mining** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **13649** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Rights/Warrants<br> (Cost $—)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **21519** |

---

Pioneer High Income Fund, Inc. \| \| 12/31/2216

------

(unaudited) (continued)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance-Linked Securities — 5.4%<br> of Net Assets#** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Event Linked Bonds — 0.5%** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Inland Flood – U.S. — 0.2%** |  |
| 250,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FloodSmart Re, 15.593%, (3 Month U.S. Treasury Bill + 1,125 bps), 2/25/25 (144A) | $232500 |
| 250,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FloodSmart Re, 17.923%, (3 Month U.S. Treasury Bill + 1,358 bps), 3/1/24 (144A) | &nbsp;&nbsp; 225000 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $457500 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Multiperil – U.S. — 0.3%** |  |
| 250,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matterhorn Re, 9.572%, (SOFR + 532 bps), 3/24/25 (144A) | $215175 |
| 250,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matterhorn Re, 12.072%, (SOFR + 775 bps), 3/24/25 (144A) | &nbsp;&nbsp; 213425 |
| 250,000(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Residential Reinsurance Re 2021, 16.253%, (3 Month U.S. Treasury Bill + 1,191 bps), 12/6/25 (144A) | &nbsp;&nbsp; 217350 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $645950 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Event Linked Bonds** | &nbsp;&nbsp;&nbsp; **$1103450** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Face<br> Amount<br> USD ($)** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Collateralized Reinsurance — 0.5%** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Multiperil – Massachusetts — 0.1%** |  |
| 350,000(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Portsalon Re 2022, 5/31/28 | $320922 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Multiperil – Worldwide — 0.4%** |  |
| 250,000(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amaranth Re 2022, 12/31/27 | $253914 |
| 250,000(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aureolin Re 2022, 3/31/28 | &nbsp;&nbsp; 239977 |
| 350,000(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celadon Re 2022, 3/31/28 | &nbsp;&nbsp; 337095 |
| 500,000(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cypress Re 2017, 1/31/23 | &nbsp;&nbsp; 50 |
| 54,000(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Limestone Re, 3/1/23 (144A) | &nbsp;&nbsp;&nbsp; — |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $831036 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Collateralized Reinsurance** | &nbsp;&nbsp;&nbsp; **$** **1151958** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Reinsurance Sidecars — 4.4%** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Multiperil – U.S. — 0.0%†** |  |
| 500,000(b)(k)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harambee Re 2018, 12/31/24 | $— |
| 600,000(k)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harambee Re 2019, 12/31/24 | &nbsp;&nbsp; 720 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $720 |

---

17Pioneer High Income Fund, Inc. \| \| 12/31/22

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Face<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Multiperil – Worldwide — 4.4%** |  |
| 3,037(k)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alturas Re 2019-2, 3/10/23 | $914 |
| 24,550(k)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alturas Re 2019-3, 9/12/23 | &nbsp;&nbsp;&nbsp; 304 |
| 162,311(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alturas Re 2020-1A, 3/10/23 (144A) | &nbsp;&nbsp; 6152 |
| 29,558(k)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alturas Re 2020-2, 3/10/23 | &nbsp;&nbsp; 4318 |
| 1,000,000(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bantry Re 2022, 12/31/27 | &nbsp;&nbsp; 1042682 |
| 1,167,977(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berwick Re 2018-1, 12/31/24 | &nbsp;&nbsp; 90285 |
| 834,446(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berwick Re 2019-1, 12/31/24 | &nbsp;&nbsp; 133094 |
| 1,000,000(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berwick Re 2022, 12/31/27 | &nbsp;&nbsp; 1001400 |
| 750,000(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gleneagles Re 2022, 12/31/27 | &nbsp;&nbsp; 773438 |
| 1,000,000(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gullane Re 2022, 12/31/27 | &nbsp;&nbsp; 1063659 |
| 499,318(b)(k)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lorenz Re 2019, 6/30/23 | &nbsp;&nbsp;&nbsp; 899 |
| 500,000(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merion Re 2018-2, 12/31/24 | &nbsp;&nbsp; 75700 |
| 1,000,000(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merion Re 2022-2, 12/31/27 | &nbsp;&nbsp; 948111 |
| 500,000(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pangaea Re 2018-1, 12/31/24 | &nbsp;&nbsp; 10527 |
| 409,624(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pangaea Re 2019-1, 2/1/23 | &nbsp;&nbsp; 8536 |
| 735,313(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pangaea Re 2019-3, 7/1/23 | &nbsp;&nbsp; 26450 |
| 1,250,000(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pangaea Re 2022-1, 12/31/27 | &nbsp;&nbsp; 1335913 |
| 350,000(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pangaea Re 2022-3, 5/31/28 | &nbsp;&nbsp; 359204 |
| 20,000(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sector Re V, 12/1/24 (144A) | &nbsp;&nbsp; 33374 |
| 30,000(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sector Re V, 12/1/26 (144A) | &nbsp;&nbsp; 32083 |
| 1,000,000(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sector Re V, 12/1/27 (144A) | &nbsp;&nbsp; 1000000 |
| 250,000(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sussex Re 2020-1, 12/31/24 | &nbsp;&nbsp;&nbsp; 375 |
| 1,500,000(b)(k)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thopas Re 2022, 12/31/27 | &nbsp;&nbsp; 1621050 |
| 500,000(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Versutus Re 2018, 12/31/24 | &nbsp;&nbsp;&nbsp; 800 |
| 441,274(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Versutus Re 2019-A, 12/31/24 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| 58,727(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Versutus Re 2019-B, 12/31/24 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| 253,645(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Woburn Re 2018, 12/31/24 | &nbsp;&nbsp; 8078 |
| 244,914(b)(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Woburn Re 2019, 12/31/24 | &nbsp;&nbsp; 46563 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; $9623909 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Reinsurance Sidecars** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **9624629** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industry Loss Warranties — 0.0%†** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Windstorm – U.S. — 0.0%†** |  |
| 250,000(j)+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ballylifin Re 2022, 5/31/28 | $1150 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Industry Loss Warranties** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **1150** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Insurance-Linked Securities<br> (Cost $12,206,228)** | &nbsp;&nbsp; **$** **11881187** |

---

Pioneer High Income Fund, Inc. \| \| 12/31/2218

------

(unaudited) (continued)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Principal<br> Amount<br> USD ($)** |  | **Value** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Foreign Government Bonds — 1.0% of<br> Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Mexico — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;MXN38,420,700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mexican Bonos, 8.000%, 12/7/23 | $1923016 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Mexico** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **1923016** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Russia — 0.1%** |  |
| 382,800(l) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Russian Government International Bond, 7.500%, 3/31/30 | $247337 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Russia** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$** **247337** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Foreign Government Bonds<br> (Cost $2,332,848)** | &nbsp;&nbsp;&nbsp;&nbsp; **$** **2170353** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Shares** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**SHORT TERM INVESTMENTS — 6.7% of Net<br> Assets** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Open-End Fund — 6.7%** |  |
| 14,790,773(m) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dreyfus Government Cash Management,<br> Institutional Shares, 4.19% | $14790773 |
|  |  | &nbsp;&nbsp; $14790773 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL SHORT TERM INVESTMENTS<br> (Cost $14,790,773)** | &nbsp;&nbsp; **$** **14790773** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Number of<br> Contracts** | **Description** | **Counterparty** | **Amount** | **Strike<br> Price** | **Expiration<br> Date** |  |
|  | **Over The Counter (OTC) Currency Put Options Purchased — 0.0%†** | **Over The Counter (OTC) Currency Put Options Purchased — 0.0%†** | **Over The Counter (OTC) Currency Put Options Purchased — 0.0%†** | **Over The Counter (OTC) Currency Put Options Purchased — 0.0%†** | **Over The Counter (OTC) Currency Put Options Purchased — 0.0%†** |  |
| 3150000 | Put EUR Call USD | Citibank NA | EUR 66,331 | EUR 1.02 | 11/28/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$36296 |
| 3300000 | Put EUR Call USD | JPMorgan Chase Bank NA | EUR 55,259 | EUR 0.99 | 1/23/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73 |
|  | **Total Over The Counter (OTC) Currency Put Options Purchased<br> (Premiums paid $121,590)** | **Total Over The Counter (OTC) Currency Put Options Purchased<br> (Premiums paid $121,590)** | **Total Over The Counter (OTC) Currency Put Options Purchased<br> (Premiums paid $121,590)** | **Total Over The Counter (OTC) Currency Put Options Purchased<br> (Premiums paid $121,590)** | **Total Over The Counter (OTC) Currency Put Options Purchased<br> (Premiums paid $121,590)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$36369** |
|  | **TOTAL OPTIONS PURCHASED<br> (Premiums paid $121,590)** | **TOTAL OPTIONS PURCHASED<br> (Premiums paid $121,590)** | **TOTAL OPTIONS PURCHASED<br> (Premiums paid $121,590)** | **TOTAL OPTIONS PURCHASED<br> (Premiums paid $121,590)** | **TOTAL OPTIONS PURCHASED<br> (Premiums paid $121,590)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$36369** |
|  | **TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 146.0%<br> (Cost $353,024,116)** | **TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 146.0%<br> (Cost $353,024,116)** | **TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 146.0%<br> (Cost $353,024,116)** | **TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 146.0%<br> (Cost $353,024,116)** | **TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 146.0%<br> (Cost $353,024,116)** | **$321966350** |

---

19Pioneer High Income Fund, Inc. \| \| 12/31/22

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Number of<br> Contracts** | **Description** | **Counterparty** | **Amount** | **Strike<br> Price** | **Expiration<br> Date** | **Value** |
|  | **Over The Counter (OTC) Currency Call Option Written — (0.1%)** | **Over The Counter (OTC) Currency Call Option Written — (0.1%)** | **Over The Counter (OTC) Currency Call Option Written — (0.1%)** | **Over The Counter (OTC) Currency Call Option Written — (0.1%)** | **Over The Counter (OTC) Currency Call Option Written — (0.1%)** |  |
| (3150000) | Call EUR Put USD | Citibank NA | EUR 66,331 | EUR 1.10 | 11/28/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(86262) |
| (3300000) | Call EUR Put USD | JPMorgan Chase Bank NA | EUR 55,259 | EUR 1.06 | 1/23/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49628) |
|  | **Total Over The Counter (OTC) Currency Call Option Written<br> (Premiums received $(121590))** | **Total Over The Counter (OTC) Currency Call Option Written<br> (Premiums received $(121590))** | **Total Over The Counter (OTC) Currency Call Option Written<br> (Premiums received $(121590))** | **Total Over The Counter (OTC) Currency Call Option Written<br> (Premiums received $(121590))** | **Total Over The Counter (OTC) Currency Call Option Written<br> (Premiums received $(121590))** | &nbsp;&nbsp;&nbsp;&nbsp;**$(135890)** |
|  | **OTHER ASSETS AND LIABILITIES — (45.9)%** | **OTHER ASSETS AND LIABILITIES — (45.9)%** | **OTHER ASSETS AND LIABILITIES — (45.9)%** | **OTHER ASSETS AND LIABILITIES — (45.9)%** | **OTHER ASSETS AND LIABILITIES — (45.9)%** | $(101247196) |
|  | **net assets — 100.0%** | **net assets — 100.0%** | **net assets — 100.0%** | **net assets — 100.0%** | **net assets — 100.0%** | **$220583264** |

---

---

| | |
|:---|:---|
| bps | &nbsp;&nbsp;Basis Points. |
| CMT | &nbsp;&nbsp;Constant Maturity Treasury Index. |
| FREMF | &nbsp;&nbsp;Freddie Mac Multifamily Fixed-Rate Mortgage Loans. |
| LIBOR | &nbsp;&nbsp;London Interbank Offered Rate. |
| SOFR | &nbsp;&nbsp;Secured Overnight Financing Rate. |
| SOFR30A | &nbsp;&nbsp;Secured Overnight Financing Rate 30 Day Average. |
| (144A) | &nbsp;&nbsp;Security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold normally to qualified institutional buyers in a transaction exempt from registration. At December 31, 2022, the value of these securities amounted to $237,481,797, or 107.7% of net assets. |

---

(a) Floating rate note. Coupon rate, reference index and spread shown at December 31, 2022.

(b) Non-income producing security.

(c) The interest rate is subject to change periodically. The interest rate and/or reference index and spread shown at December 31, 2022.

(d) Security is priced as a unit.

(e) Security issued with a zero coupon. Income is recognized through accretion of discount.

(f) Security is in default.

(g) Security is perpetual in nature and has no stated maturity date.

(h) Payment-in-kind (PIK) security which may pay interest in the form of additional principal amount.

(i) ANR, Inc., 3/31/23 warrants are exercisable into 1,819,798 shares.

(j) Issued as participation notes.

(k) Issued as preference shares.

(l) Debt obligation initially issued at one coupon which converts to a higher coupon at a speciﬁc date. The rate shown is the rate at December 31, 2022.

(m) Rate periodically changes. Rate disclosed is the 7-day yield at December 31, 2022.

Pioneer High Income Fund, Inc. \| \| 12/31/2220

------

(unaudited) (continued)

---

| | |
|:---|:---|
| \* | &nbsp;&nbsp;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 December 31, 2022. |
| † | &nbsp;&nbsp;Amount rounds to less than 0.1%. |
| ^ | &nbsp;&nbsp;Security is valued using fair value methods. |
| + | &nbsp;&nbsp;Security is valued using significant unobservable inputs (Level 3). |
| # | &nbsp;&nbsp;Securities are restricted as to resale. |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Restricted Securities** | **Acquisition date** | &nbsp;&nbsp;&nbsp;&nbsp;**Cost** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;Alturas Re 2019-2 | 12/19/2018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$914 |
| &nbsp;&nbsp;Alturas Re 2019-3 | 6/26/2019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304 |
| &nbsp;&nbsp;Alturas Re 2020-1A | 12/27/2019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6152 |
| &nbsp;&nbsp;Alturas Re 2020-2 | 1/1/2020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4318 |
| &nbsp;&nbsp;Amaranth Re 2022 | 1/21/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253914 |
| &nbsp;&nbsp;Aureolin Re 2022 | 5/5/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239977 |
| &nbsp;&nbsp;Ballylifin Re 2022 | 7/15/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150 |
| &nbsp;&nbsp;Bantry Re 2022 | 1/28/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1042682 |
| &nbsp;&nbsp;Berwick Re 2018-1 | 1/10/2018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90285 |
| &nbsp;&nbsp;Berwick Re 2019-1 | 12/31/2018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133094 |
| &nbsp;&nbsp;Berwick Re 2022 | 12/28/2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001400 |
| &nbsp;&nbsp;Celadon Re 2022 | 9/13/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337095 |
| &nbsp;&nbsp;Cypress Re 2017 | 1/24/2017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 |
| &nbsp;&nbsp;FloodSmart Re | 2/8/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225000 |
| &nbsp;&nbsp;FloodSmart Re | 2/14/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232500 |
| &nbsp;&nbsp;Gleneagles Re 2022 | 1/18/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773438 |
| &nbsp;&nbsp;Gullane Re 2022 | 2/14/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1063659 |
| &nbsp;&nbsp;Harambee Re 2018 | 12/19/2017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Harambee Re 2019 | 12/20/2018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720 |
| &nbsp;&nbsp;Limestone Re | 6/20/2018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Lorenz Re 2019 | 6/26/2019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;899 |
| &nbsp;&nbsp;Matterhorn Re | 3/10/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215175 |
| &nbsp;&nbsp;Matterhorn Re | 3/10/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213425 |
| &nbsp;&nbsp;Merion Re 2018-2 | 12/28/2017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75700 |
| &nbsp;&nbsp;Merion Re 2022-2 | 2/22/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;948111 |
| &nbsp;&nbsp;Pangaea Re 2018-1 | 12/26/2017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10527 |
| &nbsp;&nbsp;Pangaea Re 2019-1 | 1/9/2019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8536 |
| &nbsp;&nbsp;Pangaea Re 2019-3 | 7/25/2019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26450 |
| &nbsp;&nbsp;Pangaea Re 2022-1 | 1/7/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1335913 |
| &nbsp;&nbsp;Pangaea Re 2022-3 | 6/15/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359204 |
| &nbsp;&nbsp;Portsalon Re 2022 | 7/15/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320922 |
| &nbsp;&nbsp;Residential Reinsurance Re 2021 | 10/28/2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217350 |

---

21Pioneer High Income Fund, Inc. \| \| 12/31/22

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Restricted Securities** | **Acquisition date** | &nbsp;&nbsp;&nbsp;&nbsp;**Cost** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;Sector Re V | 1/1/2020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$33374 |
| &nbsp;&nbsp;Sector Re V | 12/6/2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32083 |
| &nbsp;&nbsp;Sector Re V | 12/30/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 |
| &nbsp;&nbsp;Sussex Re 2020-1 | 1/23/2020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 |
| &nbsp;&nbsp;Thopas Re 2022 | 2/7/2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1621050 |
| &nbsp;&nbsp;Versutus Re 2018 | 1/31/2018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 |
| &nbsp;&nbsp;Versutus Re 2019-A | 1/28/2019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Versutus Re 2019-B | 12/24/2018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;Woburn Re 2018 | 3/20/2018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8078 |
| &nbsp;&nbsp;Woburn Re 2019 | 1/30/2019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46563 |
| &nbsp;&nbsp;**Total Restricted Securities** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$11881187 |
| &nbsp;&nbsp;**% of Net assets** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.4% |

---

#### FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency<br> Purchased** | **In<br> Exchange for** | **Currency<br> Sold** | **Deliver** | **Counterparty** | **Settlement<br> Date** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| USD | &nbsp;&nbsp;&nbsp;788741 | GBP | &nbsp;&nbsp;&nbsp;635000 | Brown Brothers Harriman & Co. | 3/23/23 | &nbsp;&nbsp;$19473 |
| EUR | &nbsp;&nbsp;&nbsp;730000 | USD | &nbsp;&nbsp;&nbsp;781711 | HSBC Bank USA NA | 3/24/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4276 |
| EUR | 1330000 | USD | 3362500 | State Street Bank & Trust Co. | 1/26/23 | &nbsp;&nbsp;&nbsp;(197728) |
| EUR | 4340000 | USD | 4659299 | State Street Bank & Trust Co. | 3/24/23 | &nbsp;&nbsp;&nbsp;&nbsp;13553 |
| NOK | 7300000 | EUR | &nbsp;&nbsp;&nbsp;692873 | State Street Bank & Trust Co. | 1/10/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3227 |
| USD | 1305786 | EUR | 1248000 | State Street Bank & Trust Co. | 2/17/23 | &nbsp;&nbsp;&nbsp;&nbsp;(34674) |
| **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **$(191873)** |

---

#### SWAP CONTRACTS

#### OVER THE COUNTER (OTC) CREDIT DEFAULT SWAP CONTRACTS – SELL PROTECTION

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Notional<br> Amount ($)<sup>(1)</sup>** | **Counterparty** | **Reference<br> Obligation<br> /Index** | **Pay/<br> Receive<sup>(2)</sup>** | **Annual<br> Fixed Rate** | **Expiration<br> Date** | **Premiums<br> (Received)** | **Unrealized<br> Appreciation<br> (Depreciation)** | **Market<br> Value** |
| 988000 | JPMorgan Chase Bank NA | United Airlines Holdings, Inc. | Receive | 5.00% | 6/20/27 | $(82037) | $16045 | $(65992) |

---

Pioneer High Income Fund, Inc. \| \| 12/31/2222

------

### Schedule of Investments \| 12/31/22
(unaudited) (continued)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Notional<br> Amount ($)<sup>(1)</sup>** | **Counterparty** | **Reference<br> Obligation<br> /Index** | **Pay/<br> Receive<sup>(2)</sup>** | **Annual<br> Fixed Rate** | **Expiration<br> Date** | **Premiums<br> (Received)** | **Unrealized<br> Appreciation<br> (Depreciation)** | **Market<br> Value** |
| 329000 | JPMorgan Chase Bank NA | United Airlines Holdings, Inc. | Receive | 5.00% | 6/20/27 | $(31130) | $9155 | $(21975) |
| 433000 | JPMorgan Chase Bank NA | United Airlines Holdings, Inc. | Receive | 5.00% | 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp;(40993) | &nbsp;&nbsp;&nbsp;12072 | &nbsp;&nbsp;&nbsp;&nbsp;(28921) |
| **TOTAL OVER THE COUNTER (OTC) CREDIT<br> DEFAULT SWAP CONTRACTS – SELL PROTECTION** | **TOTAL OVER THE COUNTER (OTC) CREDIT<br> DEFAULT SWAP CONTRACTS – SELL PROTECTION** | **TOTAL OVER THE COUNTER (OTC) CREDIT<br> DEFAULT SWAP CONTRACTS – SELL PROTECTION** | **TOTAL OVER THE COUNTER (OTC) CREDIT<br> DEFAULT SWAP CONTRACTS – SELL PROTECTION** | **TOTAL OVER THE COUNTER (OTC) CREDIT<br> DEFAULT SWAP CONTRACTS – SELL PROTECTION** | **TOTAL OVER THE COUNTER (OTC) CREDIT<br> DEFAULT SWAP CONTRACTS – SELL PROTECTION** | $(154160) | $37272 | $(116888) |
| **TOTAL SWAP CONTRACTS** | **TOTAL SWAP CONTRACTS** | **TOTAL SWAP CONTRACTS** | **TOTAL SWAP CONTRACTS** | **TOTAL SWAP CONTRACTS** |  | **$(154160)** | **$37272** | **$(116888)** |

---

<sup>(1)</sup> The notional amount is the maximum amount that a seller of credit protection would be obligated to pay upon occurrence of a credit event.

<sup>(2)</sup> Receives quarterly.

Principal amounts are denominated in U.S. dollars ("USD") unless otherwise noted.

---

| | |
|:---|:---|
| EUR | &nbsp;&nbsp;— Euro |
| GBP | &nbsp;&nbsp;— Great British Pound |
| IDR | &nbsp;&nbsp;— Indonesian Rupiah |
| MXN | &nbsp;&nbsp;— Mexican Peso |
| NOK | &nbsp;&nbsp;— Norwegian Krone |
| USD | &nbsp;&nbsp;— 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.

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 1 – unadjusted quoted prices in active markets for identical securities. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 3 – significant unobservable inputs (including the Adviser's own assumptions in determining fair value of investments). |

---

23Pioneer High Income Fund, Inc. \| \| 12/31/22

------

The following is a summary of the inputs used as of December 31, 2022, in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;**Total** |
| Senior Secured Floating Rate Loan Interests | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$8783124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$8783124 |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Airlines | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475055 |
| &nbsp;&nbsp;&nbsp;Chemicals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1827 |
| &nbsp;&nbsp;&nbsp;Oil, Gas & Consumable Fuels | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545991 |
| Collateralized Mortgage Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4765510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4765510 |
| Commercial Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8639990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8639990 |
| Convertible Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4879604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4879604 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;260868274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;260868274 |
| Convertible Preferred Stock | &nbsp;&nbsp;&nbsp;&nbsp;1060575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1060575 |
| Preferred Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Capital Markets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52313 |
| &nbsp;&nbsp;&nbsp;All Other Preferred Stock | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2993886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2993886 |
| Rights/Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Metals & Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13649 |
| &nbsp;&nbsp;&nbsp;Aerospace & Defense | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7870 |
| Insurance-Linked Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Collateralized Reinsurance |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Multiperil – Massachusetts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320922 |
| &nbsp;&nbsp;&nbsp;&nbsp;Multiperil – Worldwide | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;831036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;831036 |
| &nbsp;&nbsp;&nbsp;Reinsurance Sidecars |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Multiperil – U.S. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Multiperil – Worldwide | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;9623909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9623909 |
| &nbsp;&nbsp;&nbsp;Industry Loss Warranties |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Windstorm – U.S. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150 |
| &nbsp;&nbsp;&nbsp;&nbsp;All Other Insurance-Linked Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1103450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1103450 |
| Foreign Government Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2170353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2170353 |
| Open-End Fund | &nbsp;&nbsp;&nbsp;14790773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14790773 |
| Over The Counter (OTC) Currency Put Options Purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36369 |
| **Total Investments in Securities** | **$16118223** | &nbsp;&nbsp;**$295070390** | &nbsp;&nbsp;**$10777737** | &nbsp;&nbsp;**$321966350** |

---

Pioneer High Income Fund, Inc. \| \| 12/31/2224

------

(unaudited) (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;**Total** |
| **Other Financial Instruments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Credit Agreement<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(106500000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(106500000) |
| &nbsp;&nbsp;&nbsp;Over The Counter (OTC) Currency Call Option Written | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(135890) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(135890) |
| &nbsp;&nbsp;&nbsp;Net unrealized depreciation on forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(191873) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(191873) |
| &nbsp;&nbsp;&nbsp;Swap contracts, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(116888) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(116888) |
| **Total Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(106944651)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(106944651)** |

---

(a) The Fund may hold liabilities in which the fair value approximates the carrying amount for financial statement purposes.

The following is a reconciliation of assets valued using significant unobservable inputs (Level 3):

---

| | | | |
|:---|:---|:---|:---|
|  | **Common<br> Stocks** | &nbsp;&nbsp;**Insurance-<br> Linked<br> Securities** | &nbsp;&nbsp;**Total** |
| Balance as of 3/31/22 | $104409 | &nbsp;&nbsp;$10009688 | &nbsp;&nbsp;$10114097 |
| Realized gain (loss) | &nbsp;&nbsp;&nbsp;(78112) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(249512) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(327624) |
| Changed in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;69061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361985 |
| Accrued discounts/premiums | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81332) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81332) |
| Purchases | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;2358857 | &nbsp;&nbsp;&nbsp;&nbsp;2358857 |
| Sales | &nbsp;&nbsp;&nbsp;(95358) | &nbsp;&nbsp;&nbsp;&nbsp;(1552888) | &nbsp;&nbsp;&nbsp;&nbsp;(1648246) |
| Transfers in to Level 3\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Transfers out of Level 3\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Balance as of 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$10777737** | &nbsp;&nbsp;**$10777737** |

---

---

| | | |
|:---|:---|:---|
| \* | &nbsp;&nbsp;Transfers are calculated on the beginning of period values. During the nine months ended December 31, 2022, there were no transfers in or out of Level 3. | &nbsp;&nbsp;Transfers are calculated on the beginning of period values. During the nine months ended December 31, 2022, 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 December 31, 2022: | Net change in unrealized appreciation (depreciation) of Level 3 investments still held and considered Level 3 at December 31, 2022: | &nbsp;&nbsp;$53746 |

---

25Pioneer High Income Fund, Inc. \| \| 12/31/22

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Pioneer High Income Fund, Inc.

- **b. Investment Company Act file number:** 811-21043

- **c. CIK number of Registrant:** 0001166258

- **d. LEI of Registrant:** 5493001GCNPC0XWPCF03

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 60 State Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02109

  - **Telephone number:** 617-422-4947

**Item A.2. Information about the Series.**

- **a. Name of Series:** Pioneer High Income Fund, Inc.

- **c. LEI of Series:** 5493001GCNPC0XWPCF03

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $329562166.50

**Total Liabilities:** $108887346.31

**Net Assets:** $220674820.19

**Cash Not Reported:** $419294.54

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -1444.00000000 | **1-Year:** -238.00000000 | **5-Year:** -4002.00000000 | **10-Year:** 0.00000000 | **30-Year:** -9864.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -1235.00000000 | **1-Year:** -1489.00000000 | **5-Year:** -75720.00000000 | **10-Year:** -1567.00000000 | **30-Year:** -11718.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 2.04%                | 2.86%                | 0.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $115371.00               | $2062616.14                                |
| Month 2  | $-473656.42              | $5116990.24                                |
| Month 3  | $-1793803.15             | $190616.84                                 |

### Schedule of Portfolio Investments

| Name                                      | Title                                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |    Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ALLIED UNIVERSAL                          | Allied Universal Holdco LLC / Allied Universal Finance Corp               | CUSIP: 019576AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1905000 | PA      | $1657350.00   | 0.75%             | 2027-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                       | Intesa Sanpaolo SpA                                                       | CUSIP: 46115HAU1<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     675000 | PA      | $612439.08    | 0.28%             | N/A             | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                      | Neptune Bidco US Inc                                                      | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    1470000 | PA      | $1385475.00   | 0.63%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| WESTERN GLOBAL AIRLINES                   | Western Global Airlines LLC                                               | CUSIP: 958278AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2055000 | PA      | $1543163.00   | 0.70%             | 2025-08-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Summit Midstream Partners LP              | Summit Midstream Partners LP                                              | CUSIP: 866142409<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      12271 | NS      | $204680.28    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAOS CORP                               | Danaos Corp                                                               | CUSIP: 23585WAA2<br>LEI: 734IM3DNDNT36T7YTD24 | Long             | DBT              | CORP              | MH        |    1375000 | PA      | $1320000.00   | 0.60%             | 2028-03-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MATTERHORN RE LTD                         | Matterhorn Re Ltd                                                         | CUSIP: 577092AP4<br>LEI: 549300QRZ77PO1BYWT39 | Long             | DBT              | CORP              | BM        |     250000 | PA      | $215175.00    | 0.10%             | 2025-03-24      | Floating      | 9.55%                 | Yes           |                  2 | On Loan: No      |
| Lorenz Re 2019, 6/30/22                   | Lorenz Re 2019, 6/30/22                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     499318 | PA      | $898.77       | 0.00%             | 2023-06-30      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                  | Team Health Holdings Inc                                                  | CUSIP: 87817JAG3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |     945449 | PA      | $717359.44    | 0.33%             | 2027-02-02      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| FREMF Mortgage Trust                      | FREMF 2019-KS12 Mortgage Trust                                            | CUSIP: 30311XAC2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1500000 | PA      | $1347012.45   | 0.61%             | 2029-08-25      | Floating      | 11.04%                | No            |                  2 | On Loan: No      |
| CIRSA FINANCE INTER                       | Cirsa Finance International Sarl                                          | CUSIP: 000000000<br>LEI: 254900KUJN6DHWH2K029 | Long             | DBT              | CORP              | LU        |     247360 | PA      | $262236.56    | 0.12%             | 2023-12-20      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                          | CSC Holdings LLC                                                          | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    2200000 | PA      | $1215794.93   | 0.55%             | 2030-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                  | First Quantum Minerals Ltd                                                | CUSIP: 335934AR6<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     375000 | PA      | $355133.10    | 0.16%             | 2026-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                   | Mexican Bonos                                                             | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   38420700 | PA      | $1923016.52   | 0.87%             | 2023-12-07      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LSF11 A5 HOLDCO LLC                       | LSF11 A5 HoldCo LLC                                                       | CUSIP: 50221DAA7<br>LEI: 254900FPK7P5WNA66Y10 | Long             | DBT              | CORP              | US        |    1355000 | PA      | $1119380.72   | 0.51%             | 2029-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                | USD/EUR FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |          1 | NC      | $4275.71      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL PETROLEUM                   | International Petroleum Corp                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     833000 | PA      | $766360.00    | 0.35%             | 2027-02-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                   | Global Partners LP / GLP Finance Corp                                     | CUSIP: 37954FAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     421000 | PA      | $399792.99    | 0.18%             | 2027-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                  | CHS/Community Health Systems Inc                                          | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     265000 | PA      | $221667.20    | 0.10%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MILEAGE PLUS HLDINGS LLC                  | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1242080 | PA      | $1234878.27   | 0.56%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                    | Delek Logistics Partners LP / Delek Logistics Finance Corp                | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1060000 | PA      | $956120.00    | 0.43%             | 2028-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| FREMF Mortgage Trust                      | FREMF 2019-KJ24 Mortgage Trust                                            | CUSIP: 30312FAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1163406 | PA      | $1057545.29   | 0.48%             | 2027-10-25      | Variable      | 7.60%                 | No            |                  2 | On Loan: No      |
| Aureolin Re 2022                          | Aureolin Re 2022                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     250000 | PA      | $239976.41    | 0.11%             | 2028-03-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| Merion Re 2018-2, 12/31/21                | Merion Re 2018-2, 12/31/21                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     500000 | PA      | $75700.00     | 0.03%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| TAP ROCK RESOURCES LLC                    | Tap Rock Resources LLC                                                    | CUSIP: 87602LAA0<br>LEI: 549300Y3SDS1HPFQ6H17 | Long             | DBT              | CORP              | US        |    1720000 | PA      | $1599772.00   | 0.72%             | 2026-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                   | International Game Technology PLC                                         | CUSIP: 460599AC7<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |     208000 | PA      | $209266.72    | 0.09%             | 2025-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                          | Allied Universal Holdco LLC / Allied Universal Finance Corp               | CUSIP: 019576AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     350000 | PA      | $320250.00    | 0.15%             | 2026-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                   | DCP Midstream Operating LP                                                | CUSIP: 23311RAH9<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |    1175000 | PA      | $1146236.00   | 0.52%             | 2043-05-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                               | Staples Inc                                                               | CUSIP: 855030AN2<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |     798000 | PA      | $686822.64    | 0.31%             | 2026-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Merion Re 2022-2                          | Merion Re 2022-2                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    1000000 | PA      | $948111.50    | 0.43%             | 2027-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                   | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC               | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     230000 | PA      | $145539.22    | 0.07%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                  | Archrock Partners LP / Archrock Partners Finance Corp                     | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     385000 | PA      | $352279.64    | 0.16%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CENGAGE LEARNING INC                      | Cengage Learning Inc                                                      | CUSIP: 15137NAA1<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | DBT              | CORP              | US        |    2050000 | PA      | $1955187.50   | 0.89%             | 2024-06-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                        | Harbour Energy PLC                                                        | CUSIP: 411618AB7<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |    2135000 | PA      | $1913216.20   | 0.87%             | 2026-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PT Bakrie & Brothers TBK                  | PT Bakrie & Brothers TBK                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | ID        | 1422679000 | PA      | $14256.49     | 0.01%             | 2023-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                     | Nabors Industries Inc                                                     | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     305000 | PA      | $295451.89    | 0.13%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                       | NCL Corp Ltd                                                              | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    1295000 | PA      | $1017183.65   | 0.46%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                      | Garda World Security Corp                                                 | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    2116000 | PA      | $1719352.41   | 0.78%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FREMF Mortgage Trust                      | FREMF 2020-KF74 Mortgage Trust                                            | CUSIP: 30313MAC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     315853 | PA      | $287560.89    | 0.13%             | 2027-01-25      | Floating      | 10.39%                | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                       | Freddie Mac STACR REMIC Trust 2022-DNA2                                   | CUSIP: 35564KSQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     610000 | PA      | $500348.78    | 0.23%             | 2042-02-25      | Floating      | 12.43%                | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF HOLDING                   | Diebold Nixdorf Holding Germany Inc & Co KGaA                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | DE        |    1675000 | PA      | $1683375.00   | 0.76%             | 2025-07-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Amplify Energy Corp                       | Amplify Energy Corp                                                       | CUSIP: 03212B103<br>LEI: J0TW5YQRAZXYN7VEU787 | Long             | EC               | CORP              | US        |         21 | NS      | $184.59       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | EUR CALL VERSUS USD PUT                                                   | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |   -3300000 | NC      | $-49627.67    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIG INTL HL                  | Digicel International Finance Ltd/Digicel international Holdings Ltd      | CUSIP: 25381XAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     181792 | PA      | $93622.88     | 0.04%             | 2025-12-31      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| MATTERHORN RE LTD                         | Matterhorn Re Ltd                                                         | CUSIP: 577092AQ2<br>LEI: 549300QRZ77PO1BYWT39 | Long             | DBT              | CORP              | BM        |     250000 | PA      | $213425.00    | 0.10%             | 2025-03-24      | Floating      | 12.05%                | Yes           |                  2 | On Loan: No      |
| CARNIVAL HLDGS BM LTD                     | Carnival Holdings Bermuda Ltd                                             | CUSIP: 14366RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     235000 | PA      | $241253.35    | 0.11%             | 2028-05-01      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                         | Expedia Group Inc                                                         | CUSIP: 30212PAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     205000 | PA      | $206737.76    | 0.09%             | 2025-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ALLEGIANT TRAVEL CO                       | Allegiant Travel Co                                                       | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |     420000 | PA      | $399487.94    | 0.18%             | 2027-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ACU PETROLEO LUXEMBOURG                   | Acu Petroleo Luxembourg Sarl                                              | CUSIP: 00110RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    1770000 | PA      | $1611579.88   | 0.73%             | 2032-01-13      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NEPTUNE ENERGY BONDCO                     | Neptune Energy Bondco PLC                                                 | CUSIP: 64073KAA1<br>LEI: 549300CPMT8I2QBRYF88 | Long             | DBT              | CORP              | GB        |    2000000 | PA      | $1942015.68   | 0.88%             | 2025-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                  | Liberty Mutual Group Inc                                                  | CUSIP: 53079EAR5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    3075000 | PA      | $3972961.50   | 1.80%             | 2058-06-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                      | ONEMAIN FINANCE CORP                                                      | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     160000 | PA      | $147332.80    | 0.07%             | 2028-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS                   | Surgery Center Holdings Inc                                               | CUSIP: 86881WAD4<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |    1406000 | PA      | $1430605.00   | 0.65%             | 2027-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL HLDGS                     | Bread Financial Holdings Inc                                              | CUSIP: 018581AL2<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    4055000 | PA      | $3527850.00   | 1.60%             | 2026-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ARTERA SERVICES LLC                       | Artera Services LLC                                                       | CUSIP: 73939VAA2<br>LEI: 549300J2G34D0WX8Z443 | Long             | DBT              | CORP              | US        |    2708229 | PA      | $2256198.50   | 1.02%             | 2025-12-04      | Fixed         | 9.03%                 | No            |                  2 | On Loan: No      |
| MEG ENERGY CORP                           | MEG Energy Corp                                                           | CUSIP: 552704AE8<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |    1535000 | PA      | $1565534.22   | 0.71%             | 2027-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| NESCO HOLDINGS II INC                     | NESCO Holdings II Inc                                                     | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |     915000 | PA      | $800625.00    | 0.36%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cyprus Re 2017, 1/31/22                   | Cyprus Re 2017, 1/31/22                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     500000 | PA      | $50.00        | 0.00%             | 2023-01-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| TRIUMPH GROUP INC                         | Triumph Group Inc                                                         | CUSIP: 896818AS0<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |     210000 | PA      | $213675.00    | 0.10%             | 2024-06-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FDG/PFG FIN                     | Provident Funding Associates LP / PFG Finance Corp                        | CUSIP: 74387UAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3415000 | PA      | $2971050.00   | 1.35%             | 2025-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CARNIVAL PLC                              | Carnival PLC                                                              | CUSIP: 000000000<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | DBT              | CORP              | GB        |     731000 | PA      | $316912.07    | 0.14%             | 2029-10-28      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORP                              | Seaspan Corp                                                              | CUSIP: 000000000<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |    1500000 | PA      | $1470000.00   | 0.67%             | 2026-04-29      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ATENTO LUXCO 1 SA                         | Atento Luxco 1 SA                                                         | CUSIP: 04684LAC2<br>LEI: 549300MLFF3HYCZQTC48 | Long             | DBT              | CORP              | LU        |     790000 | PA      | $418700.00    | 0.19%             | 2026-02-10      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PERFICIENT INC                            | Perficient Inc                                                            | CUSIP: 71375UAF8<br>LEI: 549300HTBXKL2755T650 | Long             | DBT              | CORP              | US        |     135000 | PA      | $104287.50    | 0.05%             | 2026-11-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                  | Prime Security Services Borrower LLC / Prime Finance Inc                  | CUSIP: 74166MAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4155000 | PA      | $3781714.80   | 1.71%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                    | Spirit AeroSystems Inc                                                    | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |     740000 | PA      | $778998.00    | 0.35%             | 2029-11-30      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                    | Williams Cos Inc/The                                                      | CUSIP: 969457BV1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    1801000 | PA      | $1714682.86   | 0.78%             | 2044-06-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                        | Energy Transfer LP                                                        | CUSIP: 29273RBA6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    1524000 | PA      | $1176680.40   | 0.53%             | 2066-11-01      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| BRUNDAGE-BONE CONCRETE                    | Brundage-Bone Concrete Pumping Holdings Inc                               | CUSIP: 66981QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     475000 | PA      | $433031.83    | 0.20%             | 2026-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company       | USD/EUR FORWARD                                                           | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |          1 | NC      | $94558.09     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| DRAFTKINGS HOLDINGS INC                   | DraftKings Holdings Inc                                                   | CUSIP: 26142RAB0<br>LEI: 5493008P45UYYL683Z97 | Long             | DBT              | CORP              | US        |     655000 | PA      | $405117.50    | 0.18%             | 2028-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                     | McGraw-Hill Education Inc                                                 | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    3530000 | PA      | $2919195.28   | 1.32%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL GAMING AU                  | Mohegan Tribal Gaming Authority                                           | CUSIP: 608328BH2<br>LEI: 549300UB083Z2NRDHC48 | Long             | DBT              | CORP              | US        |    1880000 | PA      | $1758345.20   | 0.80%             | 2026-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                  | United Wholesale Mortgage LLC                                             | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    1051000 | PA      | $836049.69    | 0.38%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                  | EnLink Midstream Partners LP                                              | CUSIP: 29336UAC1<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     717000 | PA      | $591357.70    | 0.27%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| VERMILION ENERGY INC                      | Vermilion Energy Inc                                                      | CUSIP: 923725AD7<br>LEI: WT03B8BB1IX8WI9ZGV02 | Long             | DBT              | CORP              | CA        |    1750000 | PA      | $1597019.99   | 0.72%             | 2030-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                        | Viking Cruises Ltd                                                        | CUSIP: 92676XAC1<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    2790000 | PA      | $2531925.00   | 1.15%             | 2025-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SHELF DRILL HOLD LTD                      | Shelf Drilling Holdings Ltd                                               | CUSIP: 822538AE4<br>LEI: 54930078ZJ3XP4MRYB68 | Long             | DBT              | CORP              | KY        |    2269000 | PA      | $1962685.00   | 0.89%             | 2025-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Versutus Re 2019-A, 12/31/21              | Versutus Re 2019-A, 12/31/21                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     441274 | PA      | $0.00         | 0.00%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                   | Royal Caribbean Cruises Ltd                                               | CUSIP: 780153BL5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    1360000 | PA      | $1365752.80   | 0.62%             | 2027-08-15      | Fixed         | 11.62%                | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                          | MGM Resorts International                                                 | CUSIP: 552953CC3<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    1700000 | PA      | $1693964.83   | 0.77%             | 2023-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | CDS UNITED AIRLINES HOLDINGS, INC.                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | US        |          1 | NC      | $-66128.74    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Gullane Re 2022                           | Gullane Re 2022                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    1000000 | PA      | $1063658.54   | 0.48%             | 2027-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| Pangaea Re 2018-1, 12/31/21               | Pangaea Re 2018-1, 12/31/21                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     500000 | PA      | $10527.24     | 0.00%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| BEAZER HOMES USA                          | Beazer Homes USA Inc                                                      | CUSIP: 07556QBT1<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |    1155000 | PA      | $1027353.75   | 0.47%             | 2029-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION            | EUR CALL VERSUS USD PUT                                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |   -3150000 | NC      | $-86261.91    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| CEMIG GERACAO E TRANSM                    | Cemig Geracao e Transmissao SA                                            | CUSIP: 12517MAA0<br>LEI: 529900ZT0AVI5W1VFB58 | Long             | DBT              | CORP              | BR        |     825000 | PA      | $845707.50    | 0.38%             | 2024-12-05      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| MATIV HOLDINGS INC                        | Mativ Holdings Inc                                                        | CUSIP: 808541AA4<br>LEI: 549300Z1FU4IDULG1R21 | Long             | DBT              | CORP              | US        |     831000 | PA      | $733357.50    | 0.33%             | 2026-10-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                            | NRG Energy Inc                                                            | CUSIP: 629377CC4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     676000 | PA      | $670287.80    | 0.30%             | 2027-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                  | Hilcorp Energy I LP / Hilcorp Finance Co                                  | CUSIP: 431318AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     830000 | PA      | $715923.70    | 0.32%             | 2031-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Pangaea Re 2019-1, 2/1/23                 | Pangaea Re 2019-1, 2/1/23                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     409624 | PA      | $8535.53      | 0.00%             | 2023-02-01      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| PHH MORTGAGE CORP                         | PHH Mortgage Corp                                                         | CUSIP: 69356NAA2<br>LEI: PAOOWF3GUFM46FBSP561 | Long             | DBT              | CORP              | US        |     755000 | PA      | $670692.43    | 0.30%             | 2026-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                     | Toronto-Dominion Bank/The                                                 | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    1240000 | PA      | $1289600.00   | 0.58%             | 2082-10-31      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Celadon Re 2022                           | Celadon Re 2022                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     350000 | PA      | $337094.83    | 0.15%             | 2028-03-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| Capital Funding Mortgage Trust            | Capital Funding Mortgage Trust                                            | CUSIP: 14019QAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1500000 | PA      | $1459675.50   | 0.66%             | 2023-11-06      | Floating      | 19.33%                | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                       | NuStar Logistics LP                                                       | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    1150000 | PA      | $1063364.42   | 0.48%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI                        | Braskem Idesa SAPI                                                        | CUSIP: 10554NAB4<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |     910000 | PA      | $649574.78    | 0.29%             | 2032-02-20      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC                   | Stagwell Global LLC                                                       | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2010000 | PA      | $1657405.80   | 0.75%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                       | NCL Corp Ltd                                                              | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    2435000 | PA      | $1832434.90   | 0.83%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Berwick Re 2022, 12/31/27                 | Berwick Re 2022, 12/31/27                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    1000000 | PA      | $1001400.00   | 0.45%             | 2027-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| FLOODSMART RE LTD                         | FloodSmart Re Ltd                                                         | CUSIP: 33975CAJ4<br>LEI: 549300KK1LNVFW95S875 | Long             | DBT              | CORP              | BM        |     250000 | PA      | $232500.00    | 0.11%             | 2025-02-25      | Floating      | 15.59%                | Yes           |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY                      | Rackspace Technology Global Inc                                           | CUSIP: 750098AA3<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |    1350000 | PA      | $588413.09    | 0.27%             | 2028-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FLOODSMART RE LTD                         | FloodSmart Re Ltd                                                         | CUSIP: 33975CAG0<br>LEI: 549300KK1LNVFW95S875 | Long             | DBT              | CORP              | BM        |     250000 | PA      | $225000.00    | 0.10%             | 2024-03-01      | Floating      | 18.00%                | Yes           |                  2 | On Loan: No      |
| ASG FINANCE DESIGNATED                    | ASG Finance Designated Activity Co                                        | CUSIP: 00217AAA4<br>LEI: 5493005UOB0OMEJ4WK10 | Long             | DBT              | CORP              | IE        |    2150000 | PA      | $2053250.00   | 0.93%             | 2024-12-03      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FAGE INTL / FAGE USA                      | FAGE International SA / FAGE USA Dairy Industry Inc                       | CUSIP: 30257WAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    1043000 | PA      | $967528.52    | 0.44%             | 2026-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                            | Bombardier Inc                                                            | CUSIP: 097751BV2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     960000 | PA      | $931405.77    | 0.42%             | 2026-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Versutus Re 2018, 12/31/21                | Versutus Re 2018, 12/31/21                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     500000 | PA      | $800.00       | 0.00%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                   | Aethon United BR LP / Aethon United Finance Corp                          | CUSIP: 00810GAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2430000 | PA      | $2410428.97   | 1.09%             | 2026-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                          | Allied Universal Holdco LLC / Allied Universal Finance Corp               | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     495000 | PA      | $359251.02    | 0.16%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION            | USD CALL VERSUS EUR PUT                                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |    3150000 | NC      | $36295.69     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AVATION CAPITAL SA                        | Avation Capital SA                                                        | CUSIP: 05351CAA5<br>LEI: 54930056OEYSV06OMD90 | Long             | DBT              | CORP              | LU        |    1275606 | PA      | $1001350.71   | 0.45%             | 2026-10-31      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA                          | Beazer Homes USA Inc                                                      | CUSIP: 07556QBM6<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     475000 | PA      | $458285.78    | 0.21%             | 2025-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                       | Delta Air Lines Inc                                                       | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     355000 | PA      | $362717.70    | 0.16%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                    | Nationstar Mortgage Holdings Inc                                          | CUSIP: 63861CAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1020000 | PA      | $787784.12    | 0.36%             | 2030-12-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CREDITO REAL SAB DE CV                    | Credito Real SAB de CV SOFOM ER                                           | CUSIP: 22547AAD3<br>LEI: 549300W2IL7TPPCTKL39 | Long             | DBT              | CORP              | MX        |     140000 | PA      | $3500.00      | 0.00%             | 2028-01-21      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management        | Dreyfus Government Cash Management                                        | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   13899165 | NS      | $13899165.20  | 6.30%             |  |  |  | No            |                  1 | On Loan: No      |
| OLIN CORP                                 | Olin Corp                                                                 | CUSIP: 680665AM8<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |     470000 | PA      | $496690.17    | 0.23%             | 2025-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| PARK-OHIO INDUSTRIES INC                  | Park-Ohio Industries Inc                                                  | CUSIP: 700677AR8<br>LEI: 5493006LQUO5SLMNYM18 | Long             | DBT              | CORP              | US        |    1185000 | PA      | $805017.90    | 0.36%             | 2027-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| GRINDING MEDIA INC                        | Grinding Media Inc                                                        | CUSIP: 39854KAB6<br>LEI: 254900IYFJ03EGFQ8C34 | Long             | LON              | CORP              | US        |    1125750 | PA      | $1052576.25   | 0.48%             | 2028-10-12      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                   | Royal Caribbean Cruises Ltd                                               | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     745000 | PA      | $594543.53    | 0.27%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                       | Diebold Nixdorf Inc                                                       | CUSIP: 253651AD5<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |     180250 | PA      | $121668.75    | 0.06%             | 2025-07-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Pangaea Re 2019-3, 7/1/23                 | Pangaea Re 2019-3, 7/1/23                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     735313 | PA      | $26449.88     | 0.01%             | 2023-07-01      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| LIMESTONE RE LTD                          | Limestone Re Ltd                                                          | CUSIP: 000000000<br>LEI: 5493004PN8HGYC184A27 | Long             | DBT              | CORP              | BM        |      54000 | PA      | $0.00         | 0.00%             | 2023-03-01      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| MAXAR TECHNOLOGIES INC                    | Maxar Technologies Inc                                                    | CUSIP: 57778KAC9<br>LEI: 549300OEN2G821MIJ922 | Long             | DBT              | CORP              | US        |    1620000 | PA      | $1681937.10   | 0.76%             | 2027-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICE                  | Prime Healthcare Services Inc                                             | CUSIP: 74165HAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2640000 | PA      | $2230811.99   | 1.01%             | 2025-11-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MYT HOLDING LLC                           | MYT Holding LLC                                                           | CUSIP: 55406N202<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     129055 | NS      | $83885.75     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                     | Freedom Mortgage Corp                                                     | CUSIP: 35640YAA5<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    1931000 | PA      | $1776520.00   | 0.81%             | 2024-11-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                          | Altice France SA/France                                                   | CUSIP: 02156LAE1<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     270000 | PA      | $203015.97    | 0.09%             | 2029-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                    | Southwestern Energy Co                                                    | CUSIP: 845467AT6<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     885000 | PA      | $756312.15    | 0.34%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Capital Funding Mortgage Trust            | Capital Funding Mortgage Trust 2021-8                                     | CUSIP: 14021RAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     605000 | PA      | $605000.00    | 0.27%             | 2023-06-22      | Floating      | 16.87%                | No            |                  2 | On Loan: No      |
| LOTTOMATICA SPA/ROMA                      | Lottomatica SpA/Roma                                                      | CUSIP: 000000000<br>LEI: 81560046335277E43118 | Long             | DBT              | CORP              | IT        |     755000 | PA      | $836476.39    | 0.38%             | 2027-09-30      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Amaranth Re 2022                          | Amaranth Re 2022                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     250000 | PA      | $253914.33    | 0.12%             | 2027-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| CORNERSTONE BUILDING                      | Cornerstone Building Brands Inc                                           | CUSIP: 21925DAA7<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |     470000 | PA      | $330992.80    | 0.15%             | 2029-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Bantry Re 2022                            | Bantry Re 2022                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    1000000 | PA      | $1042682.22   | 0.47%             | 2027-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                  | Altice France Holding SA                                                  | CUSIP: 02156TAB0<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |    1169000 | PA      | $891362.50    | 0.40%             | 2027-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| SECTOR RE V LTD                           | Sector Re V Ltd                                                           | CUSIP: 81369ADC3<br>LEI: 549300QS6XPZQHTCEJ97 | Long             | DBT              | CORP              | BM        |      20000 | PA      | $33374.12     | 0.02%             | 2024-12-01      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| FREMF Mortgage Trust                      | FREMF 2020-KF83 Mortgage Trust                                            | CUSIP: 302696AA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     676339 | PA      | $626709.36    | 0.28%             | 2030-07-25      | Floating      | 13.14%                | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                        | CommScope Technologies LLC                                                | CUSIP: 20337YAA5<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |    1934000 | PA      | $1759940.00   | 0.80%             | 2025-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SUMMIT HOTEL PROPERTIES                   | Summit Hotel Properties Inc                                               | CUSIP: 866082AA8<br>LEI: 254900OBQWJK6X20LS71 | Long             | DBT              | CORP              | US        |     235000 | PA      | $200690.00    | 0.09%             | 2026-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM ESCROW LLC                     | Windstream Escrow LLC / Windstream Escrow Finance Corp                    | CUSIP: 97382WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2385000 | PA      | $1943358.27   | 0.88%             | 2028-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEASE CO LTD                   | Global Aircraft Leasing Co Ltd                                            | CUSIP: 37960JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    2225479 | PA      | $1891657.15   | 0.86%             | 2024-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC                    | Patrick Industries Inc                                                    | CUSIP: 703343AC7<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |    2062000 | PA      | $2000198.97   | 0.91%             | 2027-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ENDO DAC/FIN LLC/FINCO                    | Endo Dac / Endo Finance LLC / Endo Finco Inc                              | CUSIP: 29273DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    1376000 | PA      | $192640.00    | 0.09%             | 2027-07-31      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ARCONIC CORP                              | Arconic Corp                                                              | CUSIP: 03966VAA5<br>LEI: 549300B4YFWH3U74B152 | Long             | DBT              | CORP              | US        |     940000 | PA      | $881969.15    | 0.40%             | 2028-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| GRUPO AEROMEXICO SAB                      | Grupo Aeromexico SAB de CV                                                | CUSIP: 40054JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    3255000 | PA      | $2874951.28   | 1.30%             | 2027-03-17      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                     | Freedom Mortgage Corp                                                     | CUSIP: 35640YAB3<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    1680000 | PA      | $1511121.31   | 0.68%             | 2025-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                       | Diebold Nixdorf Inc                                                       | CUSIP: 253651AH6<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |    1810000 | PA      | $1781564.90   | 0.81%             | 2026-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN LLC / JFIN                  | Jefferies Finance LLC / JFIN Co-Issuer Corp                               | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1130000 | PA      | $921774.90    | 0.42%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Woburn Re 2019, 12/31/22                  | Woburn Re 2019, 12/31/22                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     244914 | PA      | $46563.46     | 0.02%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| BROOKFIELD RESID PROPERT                  | Brookfield Residential Properties Inc / Brookfield Residential US LLC     | CUSIP: 11283YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    1680000 | PA      | $1309841.23   | 0.59%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ALTURAS RE LTD                            | Alturas RE Ltd                                                            | CUSIP: 000000000<br>LEI: 549300FZNJS17ZR1BR73 | Long             | DBT              | CORP              | BM        |     162311 | PA      | $6151.59      | 0.00%             | 2023-03-10      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| METLIFE INC                               | MetLife Inc                                                               | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1459359.00   | 0.66%             | 2039-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                       | STACR Trust 2018-HRP2                                                     | CUSIP: 35564ACC3<br>LEI: 549300YG8OJES76WL398 | Long             | ABS-MBS          | CORP              | US        |    1350000 | PA      | $1416587.27   | 0.64%             | 2047-02-25      | Floating      | 14.89%                | No            |                  2 | On Loan: No      |
| Sussex Re 2020-1, 12/31/22                | Sussex Re 2020-1, 12/31/22                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     250000 | PA      | $375.00       | 0.00%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| CARPENTER TECHNOLOGY                      | Carpenter Technology Corp                                                 | CUSIP: 144285AM5<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |    1855000 | PA      | $1859427.63   | 0.84%             | 2030-03-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                          | Fannie Mae Connecticut Avenue Securities                                  | CUSIP: 20754KAJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |     120000 | PA      | $101115.38    | 0.05%             | 2041-11-25      | Floating      | 10.13%                | No            |                  2 | On Loan: No      |
| ENERFLEX LTD                              | Enerflex Ltd                                                              | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |    1445000 | PA      | $1441019.03   | 0.65%             | 2027-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| LEGACY LIFEPOINT HEALTH                   | Legacy LifePoint Health LLC                                               | CUSIP: 53219LAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     580000 | PA      | $545832.20    | 0.25%             | 2025-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ENEL SPA                                  | Enel SpA                                                                  | CUSIP: 29265WAA6<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | DBT              | CORP              | IT        |    1010000 | PA      | $1010836.75   | 0.46%             | 2073-09-24      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                          | Connecticut Avenue Securities Trust 2021-R01                              | CUSIP: 20754RAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     710000 | PA      | $642895.63    | 0.29%             | 2041-10-25      | Floating      | 9.93%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                       | Freddie Mac STACR REMIC Trust 2021-DNA7                                   | CUSIP: 35564KNE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     430000 | PA      | $364139.01    | 0.17%             | 2041-11-25      | Floating      | 11.73%                | No            |                  2 | On Loan: No      |
| TRONOX INC                                | Tronox Inc                                                                | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |    2030000 | PA      | $1687437.50   | 0.76%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORP                              | Seaspan Corp                                                              | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |     820000 | PA      | $621396.00    | 0.28%             | 2029-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AUNA SA                                   | Auna SAA                                                                  | CUSIP: 05151VAA5<br>LEI: 549300C3XBVL3X4TME11 | Long             | DBT              | CORP              | PE        |     975000 | PA      | $808404.89    | 0.37%             | 2025-11-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CREDITO REAL SAB DE CV                    | Credito Real SAB de CV SOFOM ER                                           | CUSIP: 22550GAA0<br>LEI: 549300W2IL7TPPCTKL39 | Long             | DBT              | CORP              | MX        |    1500000 | PA      | $35625.00     | 0.02%             | 2026-02-07      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                             | CommScope Inc                                                             | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     910000 | PA      | $733642.00    | 0.33%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                  | United Wholesale Mortgage LLC                                             | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    1860000 | PA      | $1601257.84   | 0.73%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Harambee Re 2018, 12/31/21                | Harambee Re 2018, 12/31/21                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     500000 | PA      | $0.00         | 0.00%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| US ACUTE CARE SOLUTIONS                   | US Acute Care Solutions LLC                                               | CUSIP: 90367UAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1645000 | PA      | $1459811.77   | 0.66%             | 2026-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL RE 21 LTD                     | Residential Reinsurance 2021 Ltd                                          | CUSIP: 76114NAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     250000 | PA      | $217350.00    | 0.10%             | 2025-12-06      | Floating      | 16.33%                | Yes           |                  2 | On Loan: No      |
| PEGASUS HAVA TASIMACILIG                  | Pegasus Hava Tasimaciligi AS                                              | CUSIP: 705567AA3<br>LEI: 789000B1MW5PQ58A8T03 | Long             | DBT              | CORP              | TR        |    3960000 | PA      | $3891888.00   | 1.76%             | 2026-04-30      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP                        | Baytex Energy Corp                                                        | CUSIP: 07317QAH8<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |    4000000 | PA      | $4069880.00   | 1.84%             | 2027-04-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                  | Univision Communications Inc                                              | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |      55000 | PA      | $52563.50     | 0.02%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| US RENAL CARE INC                         | US Renal Care Inc                                                         | CUSIP: 07335BAA4<br>LEI: 54930058SS5MF69JGN89 | Long             | DBT              | CORP              | US        |    2500000 | PA      | $543750.00    | 0.25%             | 2027-07-15      | Fixed         | 10.62%                | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                   | AMC Entertainment Holdings Inc                                            | CUSIP: 00165CAP9<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    2264138 | PA      | $916975.89    | 0.42%             | 2026-06-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| AAG FH LP/AAG FH FINCO                    | AAG FH LP / AAG FH Finco Inc                                              | CUSIP: 00033AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    1240000 | PA      | $1190400.00   | 0.54%             | 2024-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                            | Bombardier Inc                                                            | CUSIP: 097751BX8<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    2150000 | PA      | $1988147.98   | 0.90%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CD&R SMOKEY BUYER INC                     | CD&R Smokey Buyer Inc                                                     | CUSIP: 12510CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $214530.00    | 0.10%             | 2025-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL INSURANCE                  | Liberty Mutual Insurance Co                                               | CUSIP: 53079QAD9<br>LEI: CNC20I6IOMGF7KY49D67 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3240136.65   | 1.47%             | 2097-10-15      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| SC GAMES HOLDIN/US FINCO                  | Scientific Games Holdings LP/Scientific Games US FinCo Inc                | CUSIP: 80874DAA4<br>LEI: 549300W5GPFXXB6TQ330 | Long             | DBT              | CORP              | US        |     705000 | PA      | $595513.50    | 0.27%             | 2030-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| LATAM AIRLINES GROUP SA                   | Latam Airlines Group SA                                                   | CUSIP: 51818LAB4<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |     330000 | PA      | $336019.20    | 0.15%             | 2029-10-15      | Fixed         | 13.38%                | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                     | Genesis Energy LP / Genesis Energy Finance Corp                           | CUSIP: 37185LAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     770000 | PA      | $727318.90    | 0.33%             | 2027-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LUNE HOLDINGS SARL                        | Lune Holdings Sarl                                                        | CUSIP: 000000000<br>LEI: 54930003WQ56T0558M33 | Long             | DBT              | CORP              | LU        |     885000 | PA      | $773407.98    | 0.35%             | 2028-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                             | Parkland Corp/Alberta                                                     | CUSIP: 70137WAL2<br>LEI: 549300XHQS1JYWBNK868 | Long             | DBT              | CORP              | CA        |    2560000 | PA      | $2118400.00   | 0.96%             | 2030-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Ballylifin Re 2022                        | Ballylifin Re 2022                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     250000 | PA      | $1150.00      | 0.00%             | 2028-05-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| FORTRESS TRANS & INFRAST                  | Fortress Transportation and Infrastructure Investors LLC                  | CUSIP: 34960PAC5<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     690000 | PA      | $691725.02    | 0.31%             | 2027-08-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                     | Wells Fargo & Co                                                          | CUSIP: 949746804<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |        895 | NS      | $1060575.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PetroQuest Energy Inc                     | PetroQuest Energy Inc                                                     | CUSIP: 716748405<br>LEI: 5493006TFRWYUQCKTQ17 | Long             | EC               | CORP              | US        |     802650 | NS      | $341126.25    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| RUSSIAN FEDERATION                        | Russian Foreign Bond - Eurobond                                           | CUSIP: 000000000<br>LEI: 5493004EHVGF71PDBU58 | Long             | DBT              | NUSS              | RU        |     382800 | PA      | $247336.65    | 0.11%             | 2030-03-31      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                         | Hyatt Hotels Corp                                                         | CUSIP: 448579AH5<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |     315000 | PA      | $312569.57    | 0.14%             | 2025-04-23      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| PROFRAC HOLDINGS II LLC                   | ProFrac Holdings II LLC                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    4334735 | PA      | $4486451.00   | 2.03%             | 2025-03-04      | Floating      | 11.10%                | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD                           | NCL Finance Ltd                                                           | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     360000 | PA      | $265759.68    | 0.12%             | 2028-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CIDRON AIDA FINCO SARL                    | Cidron Aida Finco Sarl                                                    | CUSIP: 000000000<br>LEI: 98450036A07991DEBF10 | Long             | DBT              | CORP              | LU        |     745000 | PA      | $679856.18    | 0.31%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV                      | OI European Group BV                                                      | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |    1600000 | PA      | $1401120.00   | 0.63%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TERVITA CORP                              | Tervita Corp                                                              | CUSIP: 88159EAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     766000 | PA      | $823502.53    | 0.37%             | 2025-12-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                    | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC     | CUSIP: 013092AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     531000 | PA      | $542225.25    | 0.25%             | 2026-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                  | NCR Corp                                                                  | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     980000 | PA      | $835483.60    | 0.38%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMMER (BC) BIDC                          | Summer BC Bidco B LLC                                                     | CUSIP: 865632AA1<br>LEI: 213800CCW2O2WZ7YV169 | Long             | DBT              | CORP              | US        |    1445000 | PA      | $1172530.80   | 0.53%             | 2026-10-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                  | Occidental Petroleum Corp                                                 | CUSIP: 674599CJ2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    2010000 | PA      | $1569850.20   | 0.71%             | 2046-04-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ANR Inc                                   | ANR Inc                                                                   | CUSIP: 03634H118<br>LEI: 54930073NMZSTQ358I60 | Long             | EC               | CORP              | US        |    1819798 | NS      | $13648.49     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                  | EnLink Midstream Partners LP                                              | CUSIP: 29336UAG2<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     270000 | PA      | $216877.50    | 0.10%             | 2047-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| NSG HOLDINGS LLC/NSG HLD                  | NSG Holdings LLC / NSG Holdings Inc                                       | CUSIP: 62940QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     462360 | PA      | $447332.99    | 0.20%             | 2025-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| IMAX CORP                                 | IMAX Corp                                                                 | CUSIP: 45245EAJ8<br>LEI: 5493002KS2T1Q0X7VZ21 | Long             | DBT              | CORP              | CA        |     449000 | PA      | $378691.95    | 0.17%             | 2026-04-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | CDS UNITED AIRLINES HOLDINGS, INC.                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | US        |          1 | NC      | $-22020.60    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JB POINDEXTER & CO INC                    | JB Poindexter & Co Inc                                                    | CUSIP: 730481AJ7<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |    1735000 | PA      | $1674275.00   | 0.76%             | 2026-04-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| FRIGORIFICO CONCEPCION                    | Frigorifico Concepcion SA                                                 | CUSIP: 358648AA1<br>LEI: 529900Q6VZVL47QJCQ91 | Long             | DBT              | CORP              | PY        |    2795000 | PA      | $2256962.50   | 1.02%             | 2028-07-21      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                    | Harvest Midstream I LP                                                    | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    1515000 | PA      | $1445976.60   | 0.66%             | 2028-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Alturas Re 2019-2, 3/10/22                | Alturas Re 2019-2, 3/10/22                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       3037 | PA      | $914.14       | 0.00%             | 2023-03-10      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                  | Scientific Games International Inc                                        | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    1910000 | PA      | $1833600.00   | 0.83%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                  | Ascent Resources Utica Holdings LLC / ARU Finance Corp                    | CUSIP: 04364VAU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1105000 | PA      | $985251.15    | 0.45%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                  | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                          | CUSIP: 84859BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    1375000 | PA      | $1382053.75   | 0.63%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ENTERCOM MEDIA CORP                       | Audacy Capital Corp                                                       | CUSIP: 29365DAB5<br>LEI: 549300S5JUSXRHNCHD80 | Long             | DBT              | CORP              | US        |     480000 | PA      | $83140.38     | 0.04%             | 2029-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TEREX CORP                                | Terex Corp                                                                | CUSIP: 880779BA0<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |     955000 | PA      | $858306.25    | 0.39%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                  | Vistra Operations Co LLC                                                  | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |       6000 | PA      | $5691.98      | 0.00%             | 2027-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VAREX IMAGING CORPORATIO                  | Varex Imaging Corp                                                        | CUSIP: 92214XAC0<br>LEI: 549300CWYWPVCT8E9W67 | Long             | DBT              | CORP              | US        |    1809000 | PA      | $1796644.53   | 0.81%             | 2027-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| RAIN CII CARBON LLC/CII                   | Rain CII Carbon LLC / CII Carbon Corp                                     | CUSIP: 75079RAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2316000 | PA      | $2134194.00   | 0.97%             | 2025-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                     | Mineral Resources Ltd                                                     | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     205000 | PA      | $209616.60    | 0.09%             | 2027-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Alturas Re 2020-2, 3/10/23                | Alturas Re 2020-2, 3/10/23                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      29558 | PA      | $4318.42      | 0.00%             | 2023-03-10      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| TULLOW OIL PLC                            | Tullow Oil PLC                                                            | CUSIP: 899415AG8<br>LEI: 2138003EYHWO75RKS857 | Long             | DBT              | CORP              | GB        |    2075000 | PA      | $1664150.00   | 0.75%             | 2026-05-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                    | WESCO Distribution Inc                                                    | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     520000 | PA      | $526746.46    | 0.24%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company       | EUR/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |          1 | NC      | $13553.11     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOTO GROUP INC                            | GoTo Group Inc                                                            | CUSIP: 541056AA5<br>LEI: 549300D12V5KRBV00592 | Long             | DBT              | CORP              | US        |    1050000 | PA      | $564713.02    | 0.26%             | 2027-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                 | ONEOK Inc                                                                 | CUSIP: 682680AB9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    1850000 | PA      | $1879962.08   | 0.85%             | 2028-09-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                  | First Quantum Minerals Ltd                                                | CUSIP: 335934AT2<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     705000 | PA      | $661447.39    | 0.30%             | 2027-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BROWN BROTHERS HARRIMAN & CO.             | USD/GBP FORWARD                                                           | CUSIP: 000000000<br>LEI: 5493006KMX1VFTPYPW14 | N/A              | DFE              | CORP              | US        |          1 | NC      | $19473.40     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Pangaea Re 2022-3                         | Pangaea Re 2022-3                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     350000 | PA      | $359203.60    | 0.16%             | 2028-05-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| AVATION PLC WTS 01JAN59                   | AVATION PLC WTS 01JAN59                                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      21700 | NC      | $7870.26      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                  | CHS/Community Health Systems Inc                                          | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     580000 | PA      | $497326.80    | 0.23%             | 2027-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                       | Travel + Leisure Co                                                       | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     725000 | PA      | $709239.70    | 0.32%             | 2026-07-31      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                   | International Game Technology PLC                                         | CUSIP: 460599AD5<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |     395000 | PA      | $392037.50    | 0.18%             | 2027-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                      | Bank of America Corp                                                      | CUSIP: 060505EL4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     600000 | PA      | $591799.07    | 0.27%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORP                           | Murphy Oil Corp                                                           | CUSIP: 626717AN2<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    1280000 | PA      | $1232057.24   | 0.56%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SCC POWER PLC                             | SCC Power PLC                                                             | CUSIP: 78397YAC6<br>LEI: 529900IYGYC6VSDSDF37 | Long             | DBT              | CORP              | GB        |     198782 | PA      | $5929.87      | 0.00%             | 2032-05-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| P&L DEV LLC/PLD FIN CORP                  | P&L Development LLC / PLD Finance Corp                                    | CUSIP: 69306RAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     965000 | PA      | $781650.00    | 0.35%             | 2025-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S                                 | Sotheby's                                                                 | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |    1093000 | PA      | $1024828.95   | 0.46%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                        | Energy Transfer LP                                                        | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    1965000 | PA      | $1640775.00   | 0.74%             | N/A             | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Versutus Re 2019-B, 12/31/21              | Versutus Re 2019-B, 12/31/21                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      58727 | PA      | $0.00         | 0.00%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| CARNIVAL CORP                             | Carnival Corp                                                             | CUSIP: 143658BG6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     285000 | PA      | $286356.60    | 0.13%             | 2026-02-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                     | Mineral Resources Ltd                                                     | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     865000 | PA      | $876703.45    | 0.40%             | 2030-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SYLVAMO CORP                              | Sylvamo Corp                                                              | CUSIP: 87133LAA8<br>LEI: 5493001AOYU1ZOWOC971 | Long             | DBT              | CORP              | US        |    3290000 | PA      | $3131469.80   | 1.42%             | 2029-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GARFUNKELUX HOLDCO 3 SA                   | Garfunkelux Holdco 3 SA                                                   | CUSIP: 000000000<br>LEI: 2221007QVSNJV7EWBX69 | Long             | DBT              | CORP              | LU        |     480000 | PA      | $409639.81    | 0.19%             | 2025-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                    | AthenaHealth Group Inc                                                    | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |    2245000 | PA      | $1654412.72   | 0.75%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PECF USS INTERMEDIATE HO                  | PECF USS Intermediate Holding III Corp                                    | CUSIP: 69291HAA3<br>LEI: 254900DIL842DEXPYJ91 | Long             | DBT              | CORP              | US        |    1760000 | PA      | $1143454.40   | 0.52%             | 2029-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                         | Hyatt Hotels Corp                                                         | CUSIP: 448579AJ1<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |     390000 | PA      | $381507.82    | 0.17%             | 2030-04-23      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| COLGATE ENERGY PARTNERS                   | Colgate Energy Partners III LLC                                           | CUSIP: 19416MAA7<br>LEI: 549300QRLZK0B17DH791 | Long             | DBT              | CORP              | US        |    2085000 | PA      | $2022532.92   | 0.92%             | 2026-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                   | DCP Midstream Operating LP                                                | CUSIP: 23311VAF4<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     910000 | PA      | $848460.91    | 0.38%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GR                  | Cogent Communications Group Inc                                           | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    1410000 | PA      | $1381698.61   | 0.63%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                      | YPF SA                                                                    | CUSIP: 984245AQ3<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    1000000 | PA      | $708420.00    | 0.32%             | 2027-07-21      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIG INTL HL                  | Digicel International Finance Ltd/Digicel international Holdings Ltd      | CUSIP: 25381XAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     298833 | PA      | $256996.38    | 0.12%             | 2024-05-25      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| DEALER TIRE LLC/DT ISSR                   | Dealer Tire LLC / DT Issuer LLC                                           | CUSIP: 24229JAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1798000 | PA      | $1582012.39   | 0.72%             | 2028-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SECTOR RE V LTD                           | Sector Re V Ltd                                                           | CUSIP: 81369ADV1<br>LEI: 549300QS6XPZQHTCEJ97 | Long             | DBT              | CORP              | BM        |    1500000 | PA      | $1604168.15   | 0.73%             | 2026-12-01      | Floating      | 4.42%                 | Yes           |                  3 | On Loan: No      |
| LIFEPOINT HEALTH INC                      | LifePoint Health Inc                                                      | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |     385000 | PA      | $217563.50    | 0.10%             | 2029-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                  | USA Compression Partners LP / USA Compression Finance Corp                | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     703000 | PA      | $657305.18    | 0.30%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Berwick Re 2019-1, 12/31/22               | Berwick Re 2019-1, 12/31/22                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     834446 | PA      | $133094.14    | 0.06%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| CENOVUS ENERGY INC                        | Cenovus Energy Inc                                                        | CUSIP: 15135UAF6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     624000 | PA      | $647438.88    | 0.29%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                             | Carnival Corp                                                             | CUSIP: 000000000<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     280000 | PA      | $240679.98    | 0.11%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| B RILEY FINANCIAL INC                     | B Riley Financial Inc                                                     | CUSIP: 05580M702<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       2144 | NS      | $52313.60     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWMET AEROSPACE INC                      | Howmet Aerospace Inc                                                      | CUSIP: 443201AA6<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    1210000 | PA      | $1241665.70   | 0.56%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/XO MGMT                    | VistaJet Malta Finance PLC / XO Management Holding Inc                    | CUSIP: 92840JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    1705000 | PA      | $1538157.05   | 0.70%             | 2027-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                         | Herc Holdings Inc                                                         | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     319000 | PA      | $297547.25    | 0.13%             | 2027-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                       | Hudbay Minerals Inc                                                       | CUSIP: 443628AH5<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |     692000 | PA      | $626640.44    | 0.28%             | 2029-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                     | Nabors Industries Ltd                                                     | CUSIP: 629571AB6<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |    1109000 | PA      | $1014619.77   | 0.46%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LYB FINANCE CO BV                         | LYB Finance Co BV                                                         | CUSIP: 61238QAA6<br>LEI: 549300BBGA3CFHX0KS75 | Long             | DBT              | CORP              | NL        |    2250000 | PA      | $2450603.86   | 1.11%             | 2027-03-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag            | Wells Fargo Commercial Mortgage Trust 2015-C28                            | CUSIP: 94989JAL0<br>LEI: 549300S7ENI2U7O0XH56 | Long             | ABS-MBS          | CORP              | US        |    2500000 | PA      | $1719348.00   | 0.78%             | 2048-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SRS DISTRIBUTION INC                      | SRS Distribution Inc                                                      | CUSIP: 78471RAC0<br>LEI: 549300ZQ3XP75BCYM468 | Long             | DBT              | CORP              | US        |     275000 | PA      | $222343.00    | 0.10%             | 2029-07-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                       | Petroleos Mexicanos                                                       | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     692000 | PA      | $543390.92    | 0.25%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| WATCO COS LLC/FINANCE CO                  | Watco Cos LLC / Watco Finance Corp                                        | CUSIP: 941130AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1240000 | PA      | $1178000.00   | 0.53%             | 2027-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC                           | Mercer International Inc                                                  | CUSIP: 588056BB6<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |    2035000 | PA      | $1701280.35   | 0.77%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Woburn Re 2018, 12/31/21                  | Woburn Re 2018, 12/31/21                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     253645 | PA      | $8078.44      | 0.00%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| Thopas Re 2022                            | Thopas Re 2022                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    1500000 | PA      | $1621050.00   | 0.73%             | 2027-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| KOPPERS INC                               | Koppers Inc                                                               | CUSIP: 500605AH3<br>LEI: LTO4ZL5EBDR1NE6FGJ36 | Long             | DBT              | CORP              | US        |     424000 | PA      | $402800.00    | 0.18%             | 2025-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GRAY TELEVISION INC                       | Gray Television Inc                                                       | CUSIP: 389284AA8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    1057000 | PA      | $937337.03    | 0.42%             | 2027-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY COR                  | Garda World Security Corp                                                 | CUSIP: 36257BAA7<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    2059000 | PA      | $1983056.44   | 0.90%             | 2027-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| OSCAR ACQUISITIONCO LLC                   | Oscar AcquisitionCo LLC / Oscar Finance Inc                               | CUSIP: 687785AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     815000 | PA      | $731381.00    | 0.33%             | 2030-04-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | CDS UNITED AIRLINES HOLDINGS, INC.                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | US        |          1 | NC      | $-28981.52    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                       | Freddie Mac STACR REMIC Trust 2021-HQA3                                   | CUSIP: 35564KKL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     450000 | PA      | $358481.12    | 0.16%             | 2041-09-25      | Floating      | 10.18%                | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | USD CALL VERSUS EUR PUT                                                   | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |    3300000 | NC      | $73.16        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Harambee Re 2019, 12/31/22                | Harambee Re 2019, 12/31/22                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     600000 | PA      | $720.00       | 0.00%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| Capital Funding Mortgage Trust            | Capital Funding Mortgage Trust 2020-9                                     | CUSIP: 14020FAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     500000 | PA      | $491379.50    | 0.22%             | 2023-11-15      | Floating      | 19.02%                | No            |                  2 | On Loan: No      |
| HERCULES LLC                              | Hercules LLC                                                              | CUSIP: 427056BC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4000000 | PA      | $3659560.84   | 1.66%             | 2029-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                   | Teva Pharmaceutical Finance Netherlands III BV                            | CUSIP: 88167AAD3<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    2080000 | PA      | $2033200.00   | 0.92%             | 2023-07-21      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Gleneagles Re 2022                        | Gleneagles Re 2022                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     750000 | PA      | $773437.57    | 0.35%             | 2027-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                   | Royal Caribbean Cruises Ltd                                               | CUSIP: 780153AZ5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     380000 | PA      | $407550.00    | 0.18%             | 2025-06-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                  | EnLink Midstream Partners LP                                              | CUSIP: 29336UAD9<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     248000 | PA      | $187941.44    | 0.09%             | 2045-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                    | WESCO Distribution Inc                                                    | CUSIP: 95081QAN4<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     750000 | PA      | $759384.09    | 0.34%             | 2025-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| LyondellBasell Industries NV              | LyondellBasell Industries NV                                              | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | US        |         22 | NS      | $1826.66      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                  | Clear Channel Outdoor Holdings Inc                                        | CUSIP: 18453HAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2090000 | PA      | $1534624.30   | 0.70%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                  | Archrock Partners LP / Archrock Partners Finance Corp                     | CUSIP: 03959KAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2583000 | PA      | $2465897.76   | 1.12%             | 2027-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Grupo Aeromexico SAB de CV                | Grupo Aeromexico SAB de CV                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      57203 | NS      | $475055.11    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS                  | LCM Investments Holdings II LLC                                           | CUSIP: 50190EAA2<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |    1365000 | PA      | $1093076.43   | 0.50%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TMS INTERNATIONAL CORP                    | TMS International Corp/DE                                                 | CUSIP: 87261QAC7<br>LEI: 549300L4K0F1YF8WKF23 | Long             | DBT              | CORP              | US        |    1860000 | PA      | $1330383.60   | 0.60%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company       | USD/EUR FORWARD                                                           | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-292286.02   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIG INTL HL                  | Digicel International Finance Ltd/Digicel international Holdings Ltd      | CUSIP: 25381XAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     119296 | PA      | $52490.24     | 0.02%             | 2026-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                    | Nationstar Mortgage Holdings Inc                                          | CUSIP: 63861CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     845000 | PA      | $756275.00    | 0.34%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SHELF DRILL HOLD LTD                      | Shelf Drilling Holdings Ltd                                               | CUSIP: 822538AG9<br>LEI: 54930078ZJ3XP4MRYB68 | Long             | DBT              | CORP              | KY        |    1015000 | PA      | $994700.00    | 0.45%             | 2024-11-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| MEG ENERGY CORP                           | MEG Energy Corp                                                           | CUSIP: 552704AF5<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |    1010000 | PA      | $952455.25    | 0.43%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PRECISION DRILLING CORP                   | Precision Drilling Corp                                                   | CUSIP: 740212AM7<br>LEI: 549300WF2OE8T5BP4B84 | Long             | DBT              | CORP              | CA        |     579000 | PA      | $539052.91    | 0.24%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HANOVER INSURANCE GROUP                   | Hanover Insurance Group Inc/The                                           | CUSIP: 410867AA3<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | DBT              | CORP              | US        |    3800000 | PA      | $3977925.99   | 1.80%             | 2025-10-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                | Sprint LLC                                                                | CUSIP: 85207UAH8<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    3080000 | PA      | $3140183.20   | 1.42%             | 2024-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Alturas Re 2019-3, 9/12/23                | Alturas Re 2019-3, 9/12/23                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      24550 | PA      | $304.42       | 0.00%             | 2023-09-12      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| State Street Bank and Trust Company       | NOK/EUR FORWARD                                                           | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |          1 | NC      | $3226.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                    | Credit Suisse Group AG                                                    | CUSIP: 22546DAB2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     700000 | PA      | $609000.00    | 0.28%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Pangaea Re 2022-1                         | Pangaea Re 2022-1                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    1250000 | PA      | $1335912.67   | 0.61%             | 2027-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| MED Trust                                 | Med Trust 2021-MDLN                                                       | CUSIP: 58403YBA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1175000 | PA      | $1060500.72   | 0.48%             | 2038-11-15      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                   | International Game Technology PLC                                         | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |     380000 | PA      | $354408.67    | 0.16%             | 2026-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                   | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC               | CUSIP: 91327AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3676000 | PA      | $3557974.67   | 1.61%             | 2025-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TRICIDA INC                               | Tricida Inc                                                               | CUSIP: 89610FAB7<br>LEI: 549300QVPFFJC8SZXG25 | Long             | DBT              | CORP              | US        |    1300000 | PA      | $117000.00    | 0.05%             | 2027-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COMPEER FINANCIAL ACA                     | Compeer Financial ACA                                                     | CUSIP: 20453Q201<br>LEI: 54930020HTACTODKHT04 | Long             | EP               | CORP              | US        |       3000 | NS      | $2910000.00   | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                             | Carnival Corp                                                             | CUSIP: 143658BL5<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     215000 | PA      | $170407.86    | 0.08%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| FIRST BRANDS GROUP LLC                    | First Brands Group LLC                                                    | CUSIP: 31935HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    1400575 | PA      | $1334047.52   | 0.60%             | 2027-03-30      | Floating      | 8.37%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                  | Scientific Games International Inc                                        | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    1910000 | PA      | $1821968.10   | 0.83%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                | Sprint LLC                                                                | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |      41000 | PA      | $43144.55     | 0.02%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| PAR PHARMACEUTICAL INC                    | Par Pharmaceutical Inc                                                    | CUSIP: 69888XAA7<br>LEI: 549300KK5WR4MGN4YT97 | Long             | DBT              | CORP              | US        |     579000 | PA      | $440025.33    | 0.20%             | 2027-04-01      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                  | Altice France Holding SA                                                  | CUSIP: 02156TAA2<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |    1495000 | PA      | $882486.12    | 0.40%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                    | Delek Logistics Partners LP / Delek Logistics Finance Corp                | CUSIP: 24665FAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1210000 | PA      | $1162918.90   | 0.53%             | 2025-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COEUR MINING INC                          | Coeur Mining Inc                                                          | CUSIP: 192108BC1<br>LEI: 5493003AVK173D48DR70 | Long             | DBT              | CORP              | US        |    1665000 | PA      | $1299410.34   | 0.59%             | 2029-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PORTSALON RE 2022                         | PORTSALON RE 2022                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     350000 | PA      | $320921.90    | 0.15%             | 2028-05-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| GARFUNKELUX HOLDCO 3 SA                   | Garfunkelux Holdco 3 SA                                                   | CUSIP: 000000000<br>LEI: 2221007QVSNJV7EWBX69 | Long             | DBT              | CORP              | LU        |     820000 | PA      | $770242.65    | 0.35%             | 2025-11-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SCC POWER PLC                             | SCC Power PLC                                                             | CUSIP: 78397YAB8<br>LEI: 529900IYGYC6VSDSDF37 | Long             | DBT              | CORP              | GB        |     366982 | PA      | $126975.79    | 0.06%             | 2028-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Berwick Re 2018-1, 12/31/21               | Berwick Re 2018-1, 12/31/21                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    1167977 | PA      | $90284.62     | 0.04%             | 2024-12-31      | Floating      | 0.01%                 | Yes           |                  3 | On Loan: No      |
| CSC HOLDINGS LLC                          | CSC Holdings LLC                                                          | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     825000 | PA      | $460927.50    | 0.21%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                       | Freddie Mac STACR Trust 2019-DNA3                                         | CUSIP: 35564TBE9<br>LEI: 549300KB1O80CETXGJ21 | Long             | ABS-MBS          | CORP              | US        |    1370000 | PA      | $1381942.43   | 0.63%             | 2049-07-25      | Floating      | 12.54%                | No            |                  2 | On Loan: No      |
| CARRIAGE PURCHASER INC                    | Carriage Purchaser Inc                                                    | CUSIP: 14445LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2640000 | PA      | $1874400.00   | 0.85%             | 2029-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                  | Clear Channel Outdoor Holdings Inc                                        | CUSIP: 18453HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     900000 | PA      | $657008.39    | 0.30%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD                         | Kosmos Energy Ltd                                                         | CUSIP: 500688AF3<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |     870000 | PA      | $725410.72    | 0.33%             | 2027-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company       | USD/EUR FORWARD                                                           | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-34673.93    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| TAP SA                                    | Transportes Aereos Portugueses SA                                         | CUSIP: 000000000<br>LEI: 213800XBTDYWRYHKH878 | Long             | DBT              | CORP              | PT        |    2000000 | PA      | $2022497.23   | 0.92%             | 2024-12-02      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                  | SeaWorld Parks & Entertainment Inc                                        | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |    2035000 | PA      | $1771872.08   | 0.80%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VERSCEND ESCROW CORP                      | Verscend Escrow Corp                                                      | CUSIP: 92535WAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     862000 | PA      | $844510.02    | 0.38%             | 2026-08-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| PATAGONIA HOLDCO LLC                      | Patagonia Holdco LLC                                                      | CUSIP: 70289FAD3<br>LEI: 254900OLXUIWWEAJZ984 | Long             | LON              | CORP              | US        |    1560000 | PA      | $1251900.00   | 0.57%             | 2029-08-01      | Floating      | 9.96%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Pioneer High Income Fund, Inc.

**Signature:** Anthony J. Koenig, Jr

**Name of Signer:** Anthony J. Koenig, Jr

**Title:** Managing Director, Chief Operations Officer & Treasurer of the Funds