0001752724-22-159668.txt : 20220718 0001752724-22-159668.hdr.sgml : 20220718 20220718171226 ACCESSION NUMBER: 0001752724-22-159668 CONFORMED SUBMISSION TYPE: NPORT-P/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220131 FILED AS OF DATE: 20220718 DATE AS OF CHANGE: 20220718 PERIOD START: 20220430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Pioneer Diversified High Income Fund, Inc. CENTRAL INDEX KEY: 0001388126 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: NPORT-P/A SEC ACT: 1940 Act SEC FILE NUMBER: 811-22014 FILM NUMBER: 221089817 BUSINESS ADDRESS: STREET 1: 60 STATE STREET CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617-742-7825 MAIL ADDRESS: STREET 1: 60 STATE STREET CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: Pioneer Diversified High Income Trust DATE OF NAME CHANGE: 20070130 FORMER COMPANY: FORMER CONFORMED NAME: Pioneer Diversified Income Opportunity Trust DATE OF NAME CHANGE: 20070129 NPORT-P/A 1 primary_doc.xml NPORT-P/A false 0001752724-22-079864 0001388126 XXXXXXXX Pioneer Diversified High Income Fund, Inc. 811-22014 0001388126 F6XC8RH66QIXRMU75G31 60 State Street Boston 02109 617-422-4947 Pioneer Diversified High Income Fund, Inc. 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336000.00000000 0.270737178878 Long DBT CORP US N 2 2025-06-01 Fixed 9.50000000 N N N N N N Pangaea Re 2018-1, 12/31/21 N/A Pangaea Re 2018-1, 12/31/21 000000000 1000000.00000000 PA USD 21054.49000000 0.016964979837 Long DBT CORP BM Y 3 2022-12-31 Floating 0.01000000 N N N N N N FREEDOM MORTGAGE CORP 549300LYRWPSYPK6S325 Freedom Mortgage Corp 35640YAB3 911000.00000000 PA USD 911154.87000000 0.734177080433 Long DBT CORP US N 2 2025-04-15 Fixed 8.25000000 N N N N N N P&L DEV LLC/PLD FIN CORP N/A P&L Development LLC / PLD Finance Corp 69306RAA4 465000.00000000 PA USD 451050.00000000 0.363440489682 Long DBT CORP US N 2 2025-11-15 Fixed 7.75000000 N N N N N N ONEMAIN FINANCE CORP 5493008I795YYBFWFU90 OneMain Finance Corp 85172FAS8 215000.00000000 PA USD 228203.15000000 0.183878205482 Long DBT CORP US N 2 2025-06-01 Fixed 8.87500000 N N N N N N Port Royal Re 2021, 5/31/25 N/A Port Royal Re 2021, 5/31/25 000000000 250000.00000000 PA USD 250187.28000000 0.201592257079 Long DBT CORP BM Y 3 2025-05-31 Floating 0.01000000 N N N N N N CLEAR CHANNEL OUTDOOR HO N/A Clear Channel Outdoor Holdings Inc 18453HAC0 535000.00000000 PA USD 555062.50000000 0.447250164736 Long DBT CORP US N 2 2028-04-15 Fixed 7.75000000 N N N N N N BARCLAYS PLC 213800LBQA1Y9L22JB70 Barclays PLC 06738EBA2 650000.00000000 PA USD 690625.00000000 0.556481738581 Long DBT CORP GB N 2 N/A Fixed 7.75000000 N N N N N N GARDA WORLD SECURITY COR 549300ZF1NDXLMCHNO20 Garda World Security Corp 36257BAA7 958000.00000000 PA USD 1006858.00000000 0.811291352534 Long DBT CORP CA N 2 2027-11-01 Fixed 9.50000000 N N N N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 Energy Transfer LP 29273VAM2 915000.00000000 PA USD 930440.63000000 0.749716878811 Long DBT CORP US N 2 N/A Fixed 7.12500000 N N N N N N WINDSTREAM ESCROW LLC N/A Windstream Escrow LLC / Windstream Escrow Finance Corp 97382WAA1 875000.00000000 PA USD 882393.75000000 0.711002364688 Long DBT CORP US N 2 2028-08-15 Fixed 7.75000000 N N N N N N Ballybunion Re 2021-2, 6/30/25 N/A Ballybunion Re 2021-2, 6/30/25 000000000 500000.00000000 PA USD 517400.00000000 0.416903024856 Long DBT CORP BM Y 3 2025-06-30 Floating 0.01000000 N N N N N N TEVA PHARMACEUTICALS NE 5493004T21MOAFINJP35 Teva Pharmaceutical Finance Netherlands III BV 88167AAD3 493000.00000000 PA USD 483140.00000000 0.389297501796 Long DBT CORP NL N 2 2023-07-21 Fixed 2.80000000 N N N N N N EDEN RE II LTD 549300LKX8PCP3SC3F42 Eden Re II Ltd 27955KAB9 400000.00000000 PA USD 400000.00000000 0.322306165332 Long DBT CORP BM Y 3 2026-03-20 None 0.00000000 N N N N N N KILIMANJARO III RE LTD 254900T37LD5YQ545V53 Kilimanjaro III Re Ltd 49407PAH3 250000.00000000 PA USD 247925.00000000 0.199769390099 Long DBT CORP BM Y 2 2026-04-20 Floating 11.42750600 N N N N N N DELEK LOG PART/FINANCE N/A Delek Logistics Partners LP / Delek Logistics Finance Corp 24665FAB8 555000.00000000 PA USD 557225.55000000 0.448993075613 Long DBT CORP US N 2 2025-05-15 Fixed 6.75000000 N N N N N N Multifamily Structured Credit N/A Freddie Mac Multifamily Structured Credit Risk 35563GAC3 180000.00000000 PA USD 179255.29000000 0.144437712838 Long ABS-MBS CORP US N 2 2051-11-25 Floating 6.89967000 N N N N N N FIRST QUANTUM MINERALS L 549300I7UVBGWRYMYZ18 First Quantum Minerals Ltd 335934AK1 225000.00000000 PA USD 225838.69000000 0.181973005393 Long DBT CORP CA N 2 2023-04-01 Fixed 7.25000000 N N N N N N GARFUNKELUX HOLDCO 3 SA 2221007QVSNJV7EWBX69 Garfunkelux Holdco 3 SA 000000000 400000.00000000 PA 550236.25000000 0.443361339410 Long DBT CORP LU N 2 2025-11-01 Fixed 7.75000000 N N N N N N TRONOX INC 549300EPZ4YXC7E5P181 Tronox Inc 897051AB4 600000.00000000 PA USD 622680.00000000 0.501734007572 Long DBT CORP US N 2 2025-05-01 Fixed 6.50000000 N N N N N N Alturas Re 2019-3, 9/12/23 N/A Alturas Re 2019-3, 9/12/23 000000000 24550.00000000 PA USD 11953.40000000 0.009631636291 Long DBT CORP BM Y 3 2023-09-12 Floating 0.01000000 N N N N N N MONA LISA RE LTD 549300R6SO6XBFDC7M25 Mona Lisa Re Ltd 608800AD0 750000.00000000 PA USD 758925.00000000 0.611515516311 Long DBT CORP BM Y 2 2023-01-09 Floating 8.17750600 N N N N N N Viribus Re 2020, 12/31/23 N/A Viribus Re 2020, 12/31/23 000000000 240783.00000000 PA USD 1950.34000000 0.001571516516 Long DBT CORP BM Y 3 2023-12-31 Floating 0.01000000 N N N N N N DTI HOLDCO INC 549300QQVMUL3P8XVJ27 DTI Holdco Inc 23358EAD1 549405.55400000 PA USD 546959.05000000 0.440720684997 Long LON CORP US N 2 2023-09-30 Floating 5.75000000 N N N N N N BANCO MERCANTIL DE NORTE 549300QTVYRPFHS0J362 Banco Mercantil del Norte SA/Grand Cayman 05971PAC2 685000.00000000 PA USD 750938.10000000 0.605079948531 Long DBT CORP MX N 2 N/A Fixed 8.37500000 N N N N N N WILLIAMS COMPANIES INC D71FAKCBLFS2O0RBPG08 Williams Cos Inc/The 969457BV1 1175000.00000000 PA USD 1452063.98000000 1.170022933026 Long DBT CORP US N 2 2044-06-24 Fixed 5.75000000 N N N N N N Lorenz Re 2018, 7/1/22 N/A Lorenz Re 2018, 7/1/22 000000000 750000.00000000 PA USD 0.00000000 0.000000 Long DBT CORP BM Y 3 2022-07-01 Floating 0.01000000 N N N N N N PETROLEOS MEXICANOS 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71643VAA3 674000.00000000 PA USD 666815.16000000 0.537296593012 Long DBT CORP MX N 2 2032-02-16 Fixed 6.70000000 N N N N N N YPF SOCIEDAD ANONIMA 5493003N7447U18U5U53 YPF SA 984245AQ3 835000.00000000 PA USD 546666.15000000 0.440484676308 Long DBT CORP AR N 2 2027-07-21 Fixed 6.95000000 N N N N N N LYB FINANCE CO BV 549300BBGA3CFHX0KS75 LYB Finance Co BV 61238QAA6 300000.00000000 PA USD 376476.50000000 0.303351742631 Long DBT CORP NL N 2 2027-03-15 Fixed 8.10000000 N N N N N N STAPLES INC XQM2JINI1UL7642TU573 Staples Inc 855030AN2 389000.00000000 PA USD 383651.25000000 0.309132908030 Long DBT CORP US N 2 2026-04-15 Fixed 7.50000000 N N N N N N JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 EUR CALL VERSUS USD PUT 000000000 -800000.00000000 NC 0.00000000 0.000000 N/A DFE CORP US N 2 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 Call Written JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 EUR CALL VERSUS USD PUT 000000000 0.00000000 NC USD 0.00000000 0.00000000 DFE CORP US N/A USD N/A EUR 2022-02-04 -800000.00000000 USD 1.25000000 EUR 2022-02-04 XXXX 11347.86000000 N N N Morgan Stanley Capital I Trust N/A Morgan Stanley Capital I Trust 2007-TOP25 61751XAG5 173539.16000000 PA USD 130154.37000000 0.104873889739 Long ABS-MBS CORP US N 2 2049-11-12 Variable 5.57400000 N N N N N N DIGICEL LTD N/A Digicel Ltd 000000000 750000.00000000 PA USD 728445.00000000 0.586955786513 Long DBT CORP BM N 2 2023-03-01 Fixed 6.75000000 N N N N N N MED Trust N/A Med Trust 2021-MDLN 58403YBA3 500000.00000000 PA USD 493735.80000000 0.397835230962 Long ABS-MBS CORP US N 2 2038-11-15 Floating 5.35700000 N N N N N N EDEN RE II LTD 549300LKX8PCP3SC3F42 Eden Re II Ltd 27954GAA1 12500.00000000 PA USD 3738.75000000 0.003012555439 Long DBT CORP BM Y 3 2022-03-22 None 0.00000000 N N N N N N CREDITO REAL SAB DE CV 549300W2IL7TPPCTKL39 Credito Real SAB de CV SOFOM ER 22547AAD3 275000.00000000 PA USD 81127.75000000 0.065369935011 Long DBT CORP MX N 2 2028-01-21 Fixed 8.00000000 N N N N N N Freddie Mac - STACR N/A Freddie Mac STACR REMIC Trust 2021-HQA3 35564KKL2 210000.00000000 PA USD 197006.80000000 0.158741265630 Long ABS-MBS CORP US N 2 2041-09-25 Floating 6.29967000 N N N N N N 2022-07-18 Pioneer Diversified High Income Fund, Inc. Anthony J. Koenig, Jr Anthony J. Koenig, Jr Managing Director, Chief Operations Officer & Treasurer of the Funds XXXX NPORT-EX 2 AAPI060PnrDiverHighIncInc..htm
Pioneer Diversified High Income Fund, Inc.
Schedule of Investments  |  January 31, 2022
 
Ticker Symbol: HNW

Schedule of Investments  |  1/31/22
(unaudited) 
Principal
Amount
USD ($)
          Value
  UNAFFILIATED ISSUERS — 146.6%  
  Senior Secured Floating Rate Loan
Interests — 4.6% of Net Assets*(a)
 
  Aerospace & Defense — 0.3%  
321,319 Jazz Acquisition, Inc., First Lien Initial Term Loan, 4.36% (LIBOR + 425 bps), 6/19/26 $    317,203
  Total Aerospace & Defense     $317,203
  Airlines — 0.7%  
175,000 AAdvantage Loyalty IP Ltd. (American Airlines, Inc.), Initial Term Loan, 5.50% (LIBOR + 475 bps), 4/20/28 $    181,938
535,000 Grupo Aeromexico, SAB de CV, DIP Tranche 1 Term Loan, 9.00% (LIBOR + 800 bps), 3/31/22      539,012
157,992(b) Grupo Aeromexico, SAB de CV, DIP Tranche 2 Term Loan, 0.00%, (15.50% PIK 0.00% Cash), 3/31/22     156,286
  Total Airlines     $877,236
  Auto Parts & Equipment — 0.5%  
665,250 First Brands Group LLC, First Lien 2021 Term Loan, 6.00% (LIBOR + 500 bps), 3/30/27 $    667,468
  Total Auto Parts & Equipment     $667,468
  Cable & Satellite Television — 0.0%  
970 CSC Holdings LLC (fka CSC Holdings Inc. (Cablevision)), March 2017 Refinancing Term Loan, 2.356% (LIBOR + 225 bps), 7/17/25 $        957
610 CSC Holdings LLC (fka CSC Holdings Inc. (Cablevision)), October 2018 Incremental Term Loan, 2.356% (LIBOR + 225 bps), 1/15/26         602
  Total Cable & Satellite Television       $1,559
  Consumer Products — 0.3%  
370,563 Instant Brands Holdings, Inc., Initial Loan, 5.75% (LIBOR + 500 bps), 4/12/28 $    348,329
  Total Consumer Products     $348,329
  Data Processing & Management — 0.4%  
549,406 DTI Holdco, Inc., Replacement B-1 Term Loan, 5.75% (LIBOR + 475 bps), 9/29/23 $    546,959
  Total Data Processing & Management     $546,959
1Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Principal
Amount
USD ($)
          Value
  Dialysis Centers — 0.4%  
488,750 U.S. Renal Care, Inc., Initial Term Loan, 5.125% (LIBOR + 500 bps), 6/26/26 $    483,319
  Total Dialysis Centers     $483,319
  Electronic Composition — 0.2%  
266,724 Natel Engineering Co., Inc., Initial Term Loan, 7.25% (LIBOR + 625 bps), 4/30/26 $    262,167
  Total Electronic Composition     $262,167
  Gambling (Non-Hotel) — 1.0%  
1,227,187 Enterprise Development Authority, Term B Loan, 5.00% (LIBOR + 425 bps), 2/28/28 $  1,230,767
  Total Gambling (Non-Hotel)   $1,230,767
  Human Resources — 0.3%  
363,370 Team Health Holdings, Inc., Initial Term Loan, 3.75% (LIBOR + 275 bps), 2/6/24 $    350,107
  Total Human Resources     $350,107
  Medical Labs & Testing Services — 0.2%  
315,250 Envision Healthcare Corp., Initial Term Loan, 3.855% (LIBOR + 375 bps), 10/10/25 $    245,041
  Total Medical Labs & Testing Services     $245,041
  Metal Processors & Fabrication — 0.2%  
225,000 WireCo WorldGroup Inc., Initial Term Loan, 4.75% (LIBOR + 425 bps), 11/13/28 $    225,281
  Total Metal Processors & Fabrication     $225,281
  Recreational Centers — 0.1%  
191,703 Fitness International LLC, Term B Loan, 4.25% (LIBOR + 325 bps), 4/18/25 $    179,422
  Total Recreational Centers     $179,422
  Total Senior Secured Floating Rate Loan Interests
(Cost $5,774,947)
  $5,734,858
Shares            
  Common Stocks — 0.2% of Net Assets  
  Household Durables — 0.0%  
89,094(c) Desarrolladora Homex SAB de CV $        207
  Total Household Durables         $207
Pioneer Diversified High Income Fund, Inc. |  | 1/31/222

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Shares           Value
  Oil, Gas & Consumable Fuels — 0.2%  
6(c) Amplify Energy Corp. $         22
218,823(c)+^ PetroQuest Energy, Inc.       94,094
5,709(c) Summit Midstream Partners LP     137,530
  Total Oil, Gas & Consumable Fuels     $231,646
  Specialty Retail — 0.0%  
42,088(c)+^ Targus Cayman SubCo., Ltd. $     64,395
  Total Specialty Retail      $64,395
  Total Common Stocks
(Cost $396,295)
    $296,248
Principal
Amount
USD ($)
           
  Asset Backed Securities — 2.0% of Net
Assets
 
500,000(a) Goldentree Loan Management US CLO 2, Ltd., Series 2017-2A, Class E, 4.954% (3 Month USD LIBOR + 470 bps), 11/28/30 (144A) $    472,851
1,000,000 JPMorgan Chase Bank NA - CACLN, Series 2021-3, Class G, 9.812%, 2/26/29 (144A)      977,116
1,000,000(a) MCF CLO VII LLC, Series 2017-3A, Class ER, 9.404% (3 Month USD LIBOR + 915 bps), 7/20/33 (144A)     976,847
  Total Asset Backed Securities
(Cost $2,459,452)
  $2,426,814
  Collateralized Mortgage
Obligations—1.3% of Net Assets
 
330,000(a) Connecticut Avenue Securities Trust, Series 2021-R01, Class 1B2, 6.05% (SOFR30A + 600 bps), 10/25/41 (144A) $    322,982
100,000(a) Fannie Mae Connecticut Avenue Securities, Series 2021-R02, Class 2B2, 6.25% (SOFR30A + 620 bps), 11/25/41 (144A)       98,955
210,000(a) Freddie Mac Stacr Remic Trust, Series 2021-HQA3, Class B2, 6.30% (SOFR30A + 625 bps), 9/25/41 (144A)      197,007
200,000(a) Freddie Mac Stacr Trust, Series 2021-DNA7, Class B2, 7.85% (SOFR30A + 780 bps), 11/25/41 (144A)      199,500
3Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Principal
Amount
USD ($)
          Value
  Collateralized Mortgage
Obligations—(continued)
 
21,967 Global Mortgage Securitization, Ltd., Series 2004-A, Class B1, 5.25% , 11/25/32 (144A) $     14,627
640,000(a) STACR Trust, Series 2018-HRP2, Class B2, 10.608% (1 Month USD LIBOR + 1,050 bps), 2/25/47 (144A)     722,352
  Total Collateralized Mortgage Obligations
(Cost $1,597,285)
  $1,555,423
  Commercial Mortgage-Backed
Securities—10.6% of Net Assets
 
1,000,000(d) Benchmark Mortgage Trust, Series 2020-B18, Class AGNG, 4.388% , 7/15/53 (144A) $    961,854
500,000(a) BPR Trust, Series 2021-WILL, Class E, 6.856% (1 Month USD LIBOR + 675 bps), 6/15/38 (144A)      499,068
588,625(a) Capital Funding Mortgage Trust, Series 2020-9, Class B, 15.90% (1 Month USD LIBOR + 1,490 bps), 11/19/22 (144A)      588,625
288,017(a) Capital Funding Mortgage Trust, Series 2021-8, Class B, 14.35% (1 Month USD LIBOR + 1,310 bps), 6/22/23 (144A)      288,017
1,000,000(a) Capital Funding Mortgage Trust, Series 2021-19, Class B, 16.46% (1 Month USD LIBOR + 1,521 bps), 11/6/23 (144A)      999,039
70,000(a) Freddie Mac Multifamily Structured Credit Risk, Series 2021-MN1, Class B1, 7.80% (SOFR30A + 775 bps), 1/25/51 (144A)       78,069
180,000(a) Freddie Mac Multifamily Structured Credit Risk, Series 2021-MN3, Class B1, 6.90% (SOFR30A + 685 bps), 11/25/51 (144A)      179,255
678,641(d) FREMF Mortgage Trust, Series 2019-KJ24, Class B, 7.60% , 10/25/27 (144A)      579,225
1,000,000(a) FREMF Mortgage Trust, Series 2019-KS12, Class C, 7.001% (1 Month USD LIBOR + 690 bps), 8/25/29      882,343
569,203(a) FREMF Mortgage Trust, Series 2020-KF74, Class C, 6.351% (1 Month USD LIBOR + 625 bps), 1/25/27 (144A)      569,378
652,097(a) FREMF Mortgage Trust, Series 2020-KF83, Class C, 9.101% (1 Month USD LIBOR + 900 bps), 7/25/30 (144A)      657,743
Pioneer Diversified High Income Fund, Inc. |  | 1/31/224

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Commercial Mortgage-Backed
Securities—(continued)
 
1,000,000(e) FREMF Mortgage Trust, Series 2021-KG05, Class C, 0.000% , 1/25/31 (144A) $    486,220
12,333,286(f) FREMF Mortgage Trust, Series 2021-KG05, Class X2A, 0.10% , 1/25/31 (144A)       86,159
1,000,000(f) FREMF Mortgage Trust, Series 2021-KG05, Class X2B, 0.10% , 1/25/31 (144A)        6,215
8,079,291(d) FRESB Mortgage Trust, Series 2020-SB79, Class X1, 1.102% , 7/25/40      490,870
500,000(d) JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-LC11, Class D, 4.164% , 4/15/46      409,911
500,000(a) Med Trust, Series 2021-MDLN, Class G, 5.442% (1 Month USD LIBOR + 525 bps), 11/15/38 (144A)      493,736
173,539(d) Morgan Stanley Capital I Trust, Series 2007-T25, Class AJ, 5.574% , 11/12/49      130,154
750,000(a) Morgan Stanley Capital I Trust, Series 2019-BPR, Class D, 4.106% (1 Month USD LIBOR + 400 bps), 5/15/36 (144A)      644,744
750,000(a) Multifamily Connecticut Avenue Securities Trust, Series 2020-01, Class M10, 3.858% (1 Month USD LIBOR + 375 bps), 3/25/50 (144A)      745,328
900,000(d) Natixis Commercial Mortgage Securities Trust, Series 2019-FAME, Class E, 4.398% , 8/15/36 (144A)      787,916
290,000 Palisades Center Trust, Series 2016-PLSD, Class A, 2.713% , 4/13/33 (144A)      259,971
380,971(d) Velocity Commercial Capital Loan Trust, Series 2020-1, Class M6, 5.69% , 2/25/50 (144A)      374,776
1,100,000 Wells Fargo Commercial Mortgage Trust, Series 2015-C28, Class E, 3.00% , 5/15/48 (144A)      808,470
1,660,500(d) Wells Fargo Commercial Mortgage Trust, Series 2015-C31, Class E, 4.601% , 11/15/48 (144A)   1,191,776
  Total Commercial Mortgage-Backed Securities
(Cost $13,898,811)
$13,198,862
  Convertible Corporate Bonds —
2.0% of Net Assets
 
  Airlines — 0.2%  
225,000 GOL Equity Finance SA, 3.75%, 7/15/24 (144A) $    195,187
5Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Principal
Amount
USD ($)
          Value
  Airlines — (continued)  
  Total Airlines     $195,187
  Banks — 0.0%  
IDR812,959,000^ PT Bakrie & Brothers Tbk, 0.00%, 12/22/22 $      5,653
  Total Banks       $5,653
  Chemicals — 1.5%  
1,900,000(g) Hercules LLC, 6.50%, 6/30/29 $  1,907,125
  Total Chemicals   $1,907,125
  Entertainment — 0.2%  
312,000(e) DraftKings, Inc., 3/15/28 (144A) $    237,426
  Total Entertainment     $237,426
  Pharmaceuticals — 0.1%  
300,000 Tricida, Inc., 3.50%, 5/15/27 $    159,663
  Total Pharmaceuticals     $159,663
  Total Convertible Corporate Bonds
(Cost $2,181,383)
  $2,505,054
  Corporate Bonds — 105.2% of Net
Assets
 
  Advertising — 1.1%  
200,000 Clear Channel International BV, 6.625%, 8/1/25 (144A) $    205,500
645,000 Clear Channel Outdoor Holdings, Inc., 7.50%, 6/1/29 (144A)      668,381
535,000 Clear Channel Outdoor Holdings, Inc., 7.75%, 4/15/28 (144A)     555,063
  Total Advertising   $1,428,944
  Aerospace & Defense — 0.7%  
450,000 Bombardier, Inc., 7.125%, 6/15/26 (144A) $    457,614
280,000 Howmet Aerospace, Inc., 6.875%, 5/1/25      309,562
101,000 Triumph Group, Inc., 8.875%, 6/1/24 (144A)     107,818
  Total Aerospace & Defense     $874,994
  Agriculture — 0.6%  
815,000 Kernel Holding SA, 6.50%, 10/17/24 (144A) $    741,813
  Total Agriculture     $741,813
  Airlines — 6.3%  
1,344,000(h) Aerovias de Mexico SA de CV, 7.00%, 2/5/25 (144A) $  1,273,453
350,000(h) Aerovias de Mexico SA. de CV, 7.00%, 2/5/25      331,629
Pioneer Diversified High Income Fund, Inc. |  | 1/31/226

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Airlines — (continued)  
155,000 Delta Air Lines, Inc., 7.375%, 1/15/26 $    176,259
500,000 Gol Finance SA, 7.00%, 1/31/25 (144A)      431,715
2,115,000 Gol Finance SA, 8.00%, 6/30/26 (144A)   1,948,465
645,000 Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets, Ltd., 6.50%, 6/20/27 (144A)      685,313
1,915,000 Pegasus Hava Tasimaciligi AS, 9.25%, 4/30/26 (144A)   1,931,048
EUR1,000,000 Transportes Aereos Portugueses SA, 5.625%, 12/2/24 (144A)   1,061,355
  Total Airlines   $7,839,237
  Auto Manufacturers — 0.9%  
1,095,000 JB Poindexter & Co., Inc., 7.125%, 4/15/26 (144A) $  1,139,019
  Total Auto Manufacturers   $1,139,019
  Auto Parts & Equipment — 1.2%  
840,000 Dealer Tire LLC/DT Issuer LLC, 8.00%, 2/1/28 (144A) $    858,900
555,000 Goodyear Tire & Rubber Co., 9.50%, 5/31/25     591,075
  Total Auto Parts & Equipment   $1,449,975
  Banks — 6.2%  
300,000(d) Banco de Galicia y Buenos Aires SAU, 7.962% (5 Year CMT Index + 716 bps), 7/19/26 (144A) $    276,003
1,135,000(d) Banco GNB Sudameris SA, 7.50% (5 Year CMT Index + 666 bps), 4/16/31 (144A)   1,120,682
685,000(d)(i) Banco Mercantil del Norte SA, 8.375% (5 Year CMT Index + 776 bps) (144A)      750,938
650,000(d)(i) Barclays Plc, 7.75% (5 Year USD Swap Rate + 484 bps)      690,625
1,453,000(d)(i) BNP Paribas SA, 6.625% (5 Year USD Swap Rate + 415 bps) (144A)   1,532,479
247,000 Freedom Mortgage Corp., 8.125%, 11/15/24 (144A)      247,309
911,000 Freedom Mortgage Corp., 8.25%, 4/15/25 (144A)      911,155
350,000(d)(i) ING Groep NV, 6.50% (5 Year USD Swap Rate + 445 bps)      374,500
225,000(d)(i) Intesa Sanpaolo S.p.A., 7.70% (5 Year USD Swap Rate + 546 bps) (144A)      246,938
250,000(d)(i) NatWest Group Plc, 8.00% (5 Year USD Swap Rate + 572 bps)      281,562
7Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Principal
Amount
USD ($)
          Value
  Banks — (continued)  
200,000 Sberbank of Russia Via SB Capital SA, 5.25%, 5/23/23 (144A) $    200,240
865,000(d)(i) Sovcombank Via SovCom Capital DAC, 7.60% (5 Year CMT Index + 636 bps) (144A)      777,548
344,000(d) Turkiye Vakiflar Bankasi TAO, 8.00% (5 Year USD Swap Rate + 585 bps), 11/1/27 (144A)     341,622
  Total Banks   $7,751,601
  Biotechnology — 0.3%  
EUR345,000 Cidron Aida Finco S.a.r.l., 5.00%, 4/1/28 (144A) $    374,172
  Total Biotechnology     $374,172
  Building Materials — 1.2%  
239,000 Builders FirstSource, Inc., 6.75%, 6/1/27 (144A) $    248,859
199,000 Koppers, Inc., 6.00%, 2/15/25 (144A)      199,497
1,001,000 Patrick Industries, Inc., 7.50%, 10/15/27 (144A)   1,051,050
  Total Building Materials   $1,499,406
  Chemicals — 2.9%  
425,000 Braskem Idesa SAPI, 6.99%, 2/20/32 (144A) $    421,813
404,000 Hexion, Inc., 7.875%, 7/15/27 (144A)      427,735
425,000 LSF11 A5 HoldCo LLC, 6.625%, 10/15/29 (144A)      416,500
EUR420,000 Lune Holdings S.a.r.l., 5.625%, 11/15/28 (144A)      452,522
300,000 LYB Finance Co. BV, 8.10%, 3/15/27 (144A)      376,477
280,000 Olin Corp., 9.50%, 6/1/25 (144A)      336,000
205,000 Olympus Water US Holding Corp., 6.25%, 10/1/29 (144A)      194,750
336,000 Rain CII Carbon LLC/CII Carbon Corp., 7.25%, 4/1/25 (144A)      341,258
600,000 Tronox, Inc., 6.50%, 5/1/25 (144A)     622,680
  Total Chemicals   $3,589,735
  Commercial Services — 5.5%  
245,000 Allied Universal Holdco LLC/Allied Universal Finance Corp., 6.625%, 7/15/26 (144A) $    251,582
585,000 Allied Universal Holdco LLC/Allied Universal Finance Corp., 9.75%, 7/15/27 (144A)      617,175
450,000 APX Group, Inc., 6.75%, 2/15/27 (144A)      462,118
1,384,000 Atento Luxco 1 SA, 8.00%, 2/10/26 (144A)   1,458,706
473,000 Garda World Security Corp., 6.00%, 6/1/29 (144A)      443,296
958,000 Garda World Security Corp., 9.50%, 11/1/27 (144A)   1,006,858
Pioneer Diversified High Income Fund, Inc. |  | 1/31/228

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Commercial Services — (continued)  
410,000 PECF USS Intermediate Holding III Corp., 8.00%, 11/15/29 (144A) $    414,100
935,000 Prime Security Services Borrower LLC/Prime Finance, Inc., 6.25%, 1/15/28 (144A)      931,321
MXN3,780,000 Red de Carreteras de Occidente SAB de CV, 9.00%, 6/10/28 (144A)      180,691
558,000 Sotheby's, 7.375%, 10/15/27 (144A)      580,320
411,000 Verscend Escrow Corp., 9.75%, 8/15/26 (144A)     431,628
  Total Commercial Services   $6,777,795
  Computers — 0.8%  
865,000 Diebold Nixdorf, Inc., 8.50%, 4/15/24 $    858,513
80,000 Diebold Nixdorf, Inc., 9.375%, 7/15/25 (144A)      84,030
  Total Computers     $942,543
  Diversified Financial Services — 6.9%  
1,110,000 Alliance Data Systems Corp., 7.00%, 1/15/26 (144A) $  1,157,175
1,000,000 ASG Finance Designated Activity Co., 7.875%, 12/3/24 (144A)      990,000
375,925(b) Avation Capital SA, 8.25% (9.00% PIK 8.25% Cash), 10/31/26 (144A)      315,777
275,000 Credito Real SAB de CV SOFOM ER, 8.00%, 1/21/28 (144A)       81,128
530,000 Financiera Independencia SAB de CV SOFOM ENR, 8.00%, 7/19/24 (144A)      406,118
EUR235,000 Garfunkelux Holdco 3 SA, 6.75%, 11/1/25 (144A)      269,845
GBP400,000 Garfunkelux Holdco 3 SA, 7.75%, 11/1/25 (144A)      550,236
1,073,814(b) Global Aircraft Leasing Co., Ltd., 6.50% (7.25% PIK 6.50% Cash), 9/15/24 (144A)   1,007,560
75,000 OneMain Finance Corp., 6.625%, 1/15/28       80,502
215,000 OneMain Finance Corp., 8.875%, 6/1/25      228,203
615,000 Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc., 6.375%, 12/15/22 (144A)      614,803
355,000 PHH Mortgage Corp., 7.875%, 3/15/26 (144A)      360,325
1,174,000 Unifin Financiera SAB de CV, 8.375%, 1/27/28 (144A)      696,182
9Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Principal
Amount
USD ($)
          Value
  Diversified Financial Services — (continued)  
865,000 United Wholesale Mortgage LLC, 5.75%, 6/15/27 (144A) $    816,975
990,000 VistaJet Malta Finance Plc/XO Management Holding, Inc., 6.375%, 2/1/30 (144A)     983,961
  Total Diversified Financial Services   $8,558,790
  Electric — 1.0%  
400,000 Cemig Geracao e Transmissao SA, 9.25%, 12/5/24 (144A) $    443,000
460,000(d) Enel S.p.A., 8.75% (5 Year USD Swap Rate + 588 bps), 9/24/73 (144A)      506,331
126,000 NRG Energy, Inc., 6.625%, 1/15/27      130,253
134,296 NSG Holdings LLC/NSG Holdings, Inc., 7.75%, 12/15/25 (144A)      142,354
7,000 Vistra Operations Co. LLC, 5.625%, 2/15/27 (144A)       7,142
  Total Electric   $1,229,080
  Electrical Components & Equipments — 0.5%  
350,000 WESCO Distribution, Inc., 7.125%, 6/15/25 (144A) $    366,520
245,000 WESCO Distribution, Inc., 7.25%, 6/15/28 (144A)     262,417
  Total Electrical Components & Equipments     $628,937
  Engineering & Construction — 1.6%  
200,000 Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 3/30/29 (144A) $    202,502
1,425,000 Artera Services LLC, 9.033%, 12/4/25 (144A)   1,455,965
230,000 IHS Holding, Ltd., 6.25%, 11/29/28 (144A)      231,725
332,094(h) Stoneway Capital Corp., 10.00%, 3/1/27 (144A)      96,311
  Total Engineering & Construction   $1,986,503
  Entertainment — 3.3%  
510,000 Caesars Entertainment, Inc., 8.125%, 7/1/27 (144A) $    548,887
305,000 International Game Technology Plc, 6.25%, 1/15/27 (144A)      331,909
900,000 Mohegan Gaming & Entertainment, 8.00%, 2/1/26 (144A)      916,920
295,000 Scientific Games International, Inc., 7.00%, 5/15/28 (144A)      309,824
Pioneer Diversified High Income Fund, Inc. |  | 1/31/2210

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Entertainment — (continued)  
295,000 Scientific Games International, Inc., 7.25%, 11/15/29 (144A) $    319,211
1,574,000 Scientific Games International, Inc., 8.25%, 3/15/26 (144A)   1,642,862
  Total Entertainment   $4,069,613
  Environmental Control — 0.3%  
367,000 Tervita Corp., 11.00%, 12/1/25 (144A) $    425,261
  Total Environmental Control     $425,261
  Food — 1.7%  
555,000 Aragvi Finance International DAC, 8.45%, 4/29/26 (144A) $    556,812
1,310,000 Frigorifico Concepcion SA, 7.70%, 7/21/28 (144A)   1,287,088
225,000 United Natural Foods, Inc., 6.75%, 10/15/28 (144A)     239,159
  Total Food   $2,083,059
  Forest Products & Paper — 1.3%  
379,000 Schweitzer-Mauduit International, Inc., 6.875%, 10/1/26 (144A) $    377,105
1,175,000 Sylvamo Corp., 7.00%, 9/1/29 (144A)   1,207,900
  Total Forest Products & Paper   $1,585,005
  Healthcare-Products — 0.2%  
265,000 Varex Imaging Corp., 7.875%, 10/15/27 (144A) $    290,146
  Total Healthcare-Products     $290,146
  Healthcare-Services — 3.8%  
445,000 Auna SAA, 6.50%, 11/20/25 (144A) $    447,092
280,000 Legacy LifePoint Health LLC, 6.75%, 4/15/25 (144A)      289,800
550,000 Prime Healthcare Services, Inc., 7.25%, 11/1/25 (144A)      574,475
357,000 RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/1/26 (144A)      375,575
1,066,000 Surgery Center Holdings, Inc., 10.00%, 4/15/27 (144A)   1,120,632
340,000 US Acute Care Solutions LLC, 6.375%, 3/1/26 (144A)      341,700
11Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Principal
Amount
USD ($)
          Value
  Healthcare-Services — (continued)  
425,000 US Acute Care Solutions LLC, 6.375%, 3/1/26 (144A) $    427,125
1,165,000 US Renal Care, Inc., 10.625%, 7/15/27 (144A)   1,188,300
  Total Healthcare-Services   $4,764,699
  Home Builders — 1.6%  
885,000 Beazer Homes USA, Inc., 7.25%, 10/15/29 $    944,737
390,000 Empire Communities Corp., 7.00%, 12/15/25 (144A)      396,755
211,000 KB Home, 6.875%, 6/15/27      238,958
340,000 KB Home, 7.625%, 5/15/23     353,175
  Total Home Builders   $1,933,625
  Home Furnishings — 0.9%  
EUR930,000 International Design Group S.p.A., 6.50%, 11/15/25 (144A) $  1,074,847
  Total Home Furnishings   $1,074,847
  Housewares — 0.1%  
120,000 CD&R Smokey Buyer, Inc., 6.75%, 7/15/25 (144A) $    124,940
  Total Housewares     $124,940
  Insurance — 5.7%  
4,600,000 Liberty Mutual Insurance Co., 7.697%, 10/15/97 (144A) $  7,021,505
  Total Insurance   $7,021,505
  Internet — 0.7%  
EUR680,000 eDreams ODIGEO SA, 5.50%, 7/15/27 (144A) $    755,351
95,000 Expedia Group, Inc., 6.25%, 5/1/25 (144A)     106,021
  Total Internet     $861,372
  Iron & Steel — 2.5%  
870,000 Cleveland-Cliffs, Inc., 6.75%, 3/15/26 (144A) $    911,577
71,000 Cleveland-Cliffs, Inc., 9.875%, 10/17/25 (144A)       79,357
200,000 Metinvest BV, 7.75%, 4/23/23 (144A)      185,500
1,345,000 Metinvest BV, 7.75%, 10/17/29 (144A)   1,152,463
870,000 TMS International Corp., 6.25%, 4/15/29 (144A)     839,550
  Total Iron & Steel   $3,168,447
  Leisure Time — 1.4%  
100,000 Carnival Corp., 7.625%, 3/1/26 (144A) $    102,000
EUR130,000 Carnival Corp., 7.625%, 3/1/26 (144A)      152,992
135,000 Carnival Corp., 10.50%, 2/1/26 (144A)      151,605
Pioneer Diversified High Income Fund, Inc. |  | 1/31/2212

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Leisure Time — (continued)  
GBP440,000 Deuce Finco Plc, 5.50%, 6/15/27 (144A) $    583,353
170,000 NCL Finance, Ltd., 6.125%, 3/15/28 (144A)      160,769
125,000 Royal Caribbean Cruises, Ltd., 9.125%, 6/15/23 (144A)      131,687
178,000 Royal Caribbean Cruises, Ltd., 11.50%, 6/1/25 (144A)      196,998
245,000 Viking Cruises, Ltd., 6.25%, 5/15/25 (144A)     241,325
  Total Leisure Time   $1,720,729
  Lodging — 0.4%  
204,000 Boyd Gaming Corp., 8.625%, 6/1/25 (144A) $    216,424
180,000 Hyatt Hotels Corp., 5.75%, 4/23/30      210,692
16,000 Marriott International, Inc., 5.75%, 5/1/25      17,725
  Total Lodging     $444,841
  Machinery-Diversified — 0.3%  
368,000 Maxim Crane Works Holdings Capital LLC, 10.125%, 8/1/24 (144A) $    375,360
  Total Machinery-Diversified     $375,360
  Media — 1.6%  
225,000 Audacy Capital Corp., 6.75%, 3/31/29 (144A) $    209,362
665,000 Diamond Sports Group LLC/Diamond Sports Finance Co., 6.625%, 8/15/27 (144A)      171,238
1,660,000 McGraw-Hill Education, Inc., 8.00%, 8/1/29 (144A)   1,552,100
  Total Media   $1,932,700
  Mining — 3.5%  
445,000 Arconic Corp., 6.125%, 2/15/28 (144A) $    461,665
1,635,000 Eldorado Gold Corp., 6.25%, 9/1/29 (144A)   1,634,886
500,000 First Quantum Minerals, Ltd., 6.875%, 3/1/26 (144A)      516,250
400,000 First Quantum Minerals, Ltd., 6.875%, 10/15/27 (144A)      425,000
225,000 First Quantum Minerals, Ltd., 7.25%, 4/1/23 (144A)      225,839
405,000 Hudbay Minerals, Inc., 6.125%, 4/1/29 (144A)      420,491
323,000 Joseph T Ryerson & Son, Inc., 8.50%, 8/1/28 (144A)      348,032
375,000 Vedanta Resources, Ltd., 6.375%, 7/30/22 (144A)     371,051
  Total Mining   $4,403,214
13Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Principal
Amount
USD ($)
          Value
  Multi-National — 0.3%  
IDR4,840,000,000 Inter-American Development Bank, 7.875%, 3/14/23 $    346,998
  Total Multi-National     $346,998
  Oil & Gas — 16.2%  
1,160,000 Aethon United BR LP/Aethon United Finance Corp., 8.25%, 2/15/26 (144A) $  1,221,631
1,685,000 Baytex Energy Corp., 8.75%, 4/1/27 (144A)   1,802,950
660,000 Cenovus Energy, Inc., 6.75%, 11/15/39      861,731
950,000 Chesapeake Energy Corp., 6.75%, 4/15/29 (144A)   1,015,312
995,000 Colgate Energy Partners III LLC, 7.75%, 2/15/26 (144A)   1,067,137
1,510,000 Energean Plc, 6.50%, 4/30/27 (144A)   1,459,037
383,000 International Petroleum Corp., 7.25%, 2/1/27 (144A)      379,170
405,000 Kosmos Energy, Ltd., 7.75%, 5/1/27 (144A)      394,875
1,355,000 MC Brazil Downstream Trading S.a.r.l, 7.25%, 6/30/31 (144A)   1,294,039
825,000 MEG Energy Corp., 7.125%, 2/1/27 (144A)      855,937
605,000 Murphy Oil Corp., 6.375%, 7/15/28      632,385
140,000 Nabors Industries, Inc., 7.375%, 5/15/27 (144A)      143,135
515,000 Nabors Industries, Ltd., 7.50%, 1/15/28 (144A)      482,813
603,000 Neptune Energy Bondco Plc, 6.625%, 5/15/25 (144A)      610,537
955,000 Occidental Petroleum Corp., 4.40%, 4/15/46      913,286
674,000 Petroleos Mexicanos, 6.70%, 2/16/32 (144A)      666,815
271,000 Precision Drilling Corp., 6.875%, 1/15/29 (144A)      271,461
595,000 Shelf Drilling Holdings, Ltd., 8.25%, 2/15/25 (144A)      462,642
480,000 Shelf Drilling Holdings, Ltd., 8.875%, 11/15/24 (144A)      490,800
900,000 SierraCol Energy Andina LLC, 6.00%, 6/15/28 (144A)      837,000
1,610,000 Strathcona Resources, Ltd., 6.875%, 8/1/26 (144A)   1,601,113
1,000,000 Tap Rock Resources LLC, 7.00%, 10/1/26 (144A)   1,025,000
985,000 Tullow Oil Plc, 10.25%, 5/15/26 (144A)      994,850
835,000 YPF SA, 6.95%, 7/21/27 (144A)      546,666
ARS7,750,000 YPF SA, 16.50%, 5/9/22 (144A)      32,883
  Total Oil & Gas $20,063,205
Pioneer Diversified High Income Fund, Inc. |  | 1/31/2214

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Oil & Gas Services — 1.0%  
521,000 Archrock Partners LP/Archrock Partners Finance Corp., 6.875%, 4/1/27 (144A) $    534,364
750,000 Exterran Energy Solutions LP/EES Finance Corp., 8.125%, 5/1/25     748,125
  Total Oil & Gas Services   $1,282,489
  Packaging & Containers — 0.6%  
730,000 Greif, Inc., 6.50%, 3/1/27 (144A) $    755,623
  Total Packaging & Containers     $755,623
  Pharmaceuticals — 1.6%  
547,000 Bausch Health Cos., Inc., 7.00%, 1/15/28 (144A) $    490,249
234,000 Endo Dac/Endo Finance LLC/Endo Finco, Inc., 9.50%, 7/31/27 (144A)      231,122
465,000 P&L Development LLC/PLD Finance Corp., 7.75%, 11/15/25 (144A)      451,050
381,000 Par Pharmaceutical, Inc., 7.50%, 4/1/27 (144A)      383,743
493,000 Teva Pharmaceutical Finance Netherlands III BV, 2.80%, 7/21/23     483,140
  Total Pharmaceuticals   $2,039,304
  Pipelines — 5.4%  
230,000 DCP Midstream Operating LP, 5.60%, 4/1/44 $    266,460
555,000 Delek Logistics Partners LP/Delek Logistics Finance Corp., 6.75%, 5/15/25      557,225
510,000 Delek Logistics Partners LP/Delek Logistics Finance Corp., 7.125%, 6/1/28 (144A)      517,395
450,000(a) Energy Transfer LP, 3.334% (3 Month USD LIBOR + 302 bps), 11/1/66      367,875
915,000(d)(i) Energy Transfer LP, 7.125% (5 Year CMT Index + 531 bps)      930,441
118,000 EnLink Midstream Partners LP, 5.05%, 4/1/45      101,126
145,000 EnLink Midstream Partners LP, 5.45%, 6/1/47      129,050
344,000 EnLink Midstream Partners LP, 5.60%, 4/1/44      311,320
365,000 Genesis Energy LP/Genesis Energy Finance Corp., 8.00%, 1/15/27      367,628
197,000 Global Partners LP/GLP Finance Corp., 7.00%, 8/1/27      203,402
645,000 Golar LNG, Ltd., 7.00%, 10/20/25 (144A)      622,425
845,000 Harvest Midstream I LP, 7.50%, 9/1/28 (144A)      878,986
1,175,000 Williams Cos., Inc., 5.75%, 6/24/44   1,452,064
  Total Pipelines   $6,705,397
15Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Principal
Amount
USD ($)
          Value
  REITs — 1.0%  
890,000 Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC, 6.00%, 1/15/30 (144A) $    810,861
386,000 Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC, 7.875%, 2/15/25 (144A)      401,297
10,000 Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 6.50%, 2/15/29 (144A)       9,460
  Total REITs   $1,221,618
  Retail — 1.9%  
575,000 AAG FH LP/AAG FH Finco, Inc., 9.75%, 7/15/24 (144A) $    567,830
245,000 At Home Group, Inc., 7.125%, 7/15/29 (144A)      229,687
250,000 Bath & Body Works, Inc., 6.625%, 10/1/30 (144A)      269,425
418,000 Party City Holdings, Inc., 8.75%, 2/15/26 (144A)      420,462
EUR405,000 Shiba Bidco S.p.A., 4.50%, 10/31/28 (144A)      449,879
389,000 Staples, Inc., 7.50%, 4/15/26 (144A)     383,651
  Total Retail   $2,320,934
  Software — 1.0%  
1,305,000 Minerva Merger Sub, Inc., 6.50%, 2/15/30 (144A) $  1,300,433
  Total Software   $1,300,433
  Telecommunications — 5.4%  
695,000 Altice France Holding SA, 6.00%, 2/15/28 (144A) $    634,292
607,000 Altice France Holding SA, 10.50%, 5/15/27 (144A)      644,179
200,000 Altice France SA, 8.125%, 2/1/27 (144A)      211,448
55,009(b) Digicel International Finance Ltd/Digicel international Holdings, Ltd., 13.00% (7.00% PIK 6.00% Cash), 12/31/25 (144A)       56,247
750,000 Digicel, Ltd., 6.75%, 3/1/23      728,445
1,345,000 Kenbourne Invest SA, 6.875%, 11/26/24 (144A)   1,390,871
340,000 Sprint Corp., 7.125%, 6/15/24      370,600
850,000 Sprint Corp., 7.625%, 3/1/26      973,250
770,000 Total Play Telecomunicaciones SA de CV, 7.50%, 11/12/25 (144A)      773,549
875,000 Windstream Escrow LLC/Windstream Escrow Finance Corp., 7.75%, 8/15/28 (144A)     882,394
  Total Telecommunications   $6,665,275
Pioneer Diversified High Income Fund, Inc. |  | 1/31/2216

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Transportation — 3.5%  
815,000 Acu Petroleo Luxembourg S.a.r.l., 7.50%, 1/13/32 (144A) $    796,662
1,245,000 Carriage Purchaser, Inc., 7.875%, 10/15/29 (144A)   1,215,475
655,000 Danaos Corp., 8.50%, 3/1/28 (144A)      713,950
575,000 Watco Cos. LLC/Watco Finance Corp., 6.50%, 6/15/27 (144A)      595,125
965,000 Western Global Airlines LLC, 10.375%, 8/15/25 (144A)   1,065,119
  Total Transportation   $4,386,331
  Trucking & Leasing — 0.3%  
325,000 Fortress Transportation and Infrastructure Investors LLC, 9.75%, 8/1/27 (144A) $    355,875
  Total Trucking & Leasing     $355,875
  Total Corporate Bonds
(Cost $125,422,963)
$130,535,389
Shares            
  Preferred Stock — 0.5% of Net Assets  
  Diversified Financial Services — 0.4%  
500(d)(i) Compeer Financial ACA, 6.75% (3 Month USD LIBOR + 458 bps) (144A) $    525,000
  Total Diversified Financial Services     $525,000
  Internet — 0.1%  
50,188 MYT Holding LLC, 10.00%, 6/6/29 $     53,450
  Total Internet      $53,450
  Total Preferred Stock
(Cost $591,624)
    $578,450
Principal
Amount
USD ($)
           
     
  Insurance-Linked Securities — 15.7%
of Net Assets#
 
  Event Linked Bonds — 4.9%  
  Multiperil – U.S. — 1.4%  
400,000(a) Caelus Re V, 0.486%, (1 Month U.S. Treasury Bill + 10 bps), 6/5/24 (144A) $     20,000
17Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Principal
Amount
USD ($)
          Value
  Multiperil – U.S. — (continued)  
375,000(a) Caelus Re V, 0.486%, (1 Month U.S. Treasury Bill + 10 bps), 6/5/24 (144A) $         33
250,000(a) Caelus Re V, 0.486%, (3 Month U.S. Treasury Bill + 10 bps), 6/9/25 (144A)           25
250,000(a) Four Lakes Re, 7.266%, (3 Month U.S. Treasury Bill + 700 bps), 1/5/24 (144A)      250,250
250,000(a) Four Lakes Re, 9.82%, (3 Month U.S. Treasury Bill + 950 bps), 1/5/24 (144A)      252,426
250,000(a) Kilimanjaro Re, 4.949%, (3 Month USD LIBOR + 494 bps), 5/6/22 (144A)      251,575
250,000(a) Residential Reinsurance 2018 Re, 11.97%, (3 Month U.S. Treasury Bill + 1,165 bps), 12/6/22 (144A)      245,875
250,000(a) Residential Reinsurance 2019 Re, 12.55%, (3 Month U.S. Treasury Bill + 1,223 bps), 12/6/23 (144A)      245,400
500,000(a) Residential Reinsurance 2021 Re, 12.07%, (3 Month U.S. Treasury Bill + 1,175 bps), 12/6/25 (144A)     499,500
              $1,765,084
  Multiperil – U.S. & Canada — 2.7%  
250,000(a) Hypatia, Ltd., 7.595%, (3 Month U.S. Treasury Bill + 728 bps), 6/7/23 (144A) $    261,075
750,000(a) Hypatia, Ltd., 10.545%, (3 Month U.S. Treasury Bill + 1,038 bps), 6/7/23 (144A)      791,625
250,000(a) Kilimanjaro III Re, 11.57%, (3 Month U.S. Treasury Bill + 1,125 bps), 4/21/25 (144A)      250,375
250,000(a) Kilimanjaro III Re, 11.57%, (3 Month U.S. Treasury Bill + 1,125 bps), 4/20/26 (144A)      247,925
250,000(a) Matterhorn Re, 5.964%, (SOFR + 592 bps), 12/8/25 (144A)      249,600
750,000(a) Mona Lisa Re, 8.32%, (3 Month U.S. Treasury Bill + 800 bps), 1/9/23 (144A)      758,925
250,000(a) Mystic Re IV, 6.13%, (3 Month U.S. Treasury Bill + 581 bps), 1/8/25 (144A)      251,675
500,000(a) Mystic Re IV, 12.01%, (3 Month U.S. Treasury Bill + 1,169 bps), 1/8/25 (144A)     496,450
              $3,307,650
  Pandemic – U.S — 0.2%  
250,000(a) Vitality Re XI, 2.066%, (3 Month U.S. Treasury Bill + 180 bps), 1/9/24 (144A) $    245,050
Pioneer Diversified High Income Fund, Inc. |  | 1/31/2218

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value  
  Windstorm - Jamaica — 0.2%    
250,000(a) International Bank for Reconstruction & Development, 4.499%, (SOFR + 445 bps), 12/29/23 (144A) $    249,925  
  Windstorm - North Carolina — 0.2%    
250,000(a) Cape Lookout Re, 3.516%, (3 Month U.S. Treasury Bill + 325 bps), 3/22/24 (144A) $    250,600  
  Windstorm - Texas — 0.2%    
250,000(a) Alamo Re II, 5.782%, (1 Month U.S. Treasury Bill + 546 bps), 6/8/23 (144A) $    258,675  
  Total Event Linked Bonds   $6,076,984  
Face
Amount
USD ($)
           
  Collateralized Reinsurance — 3.3%  
  Multiperil – Massachusetts — 0.2%  
250,000(c)(j)+ Denning Re 2021, 7/31/25 $    250,417
  Multiperil – U.S. — 1.0%  
250,000(c)(j)+ Ballybunion Re 2020, 2/28/23 $     77,375
250,000(c)(j)+ Ballybunion Re 2021, 1/31/25      259,299
500,000(c)(j)+ Ballybunion Re 2021-2, 6/30/25      517,400
100,000(c)(j)+ Ballybunion Re 2021-3, 7/31/25      101,400
250,000(c)(j)+ Port Royal Re 2021, 5/31/25     250,187
              $1,205,661
  Multiperil – U.S. Regional — 0.3%  
350,000(c)(j)+ Ailsa Re 2021, 6/30/25 $    359,687
  Multiperil – Worldwide — 1.0%  
250,000(c)(j)+ Amaranth Re 2022, 12/31/27 $    223,291
650,000(c)(j)+ Cypress Re 2017, 1/31/23           65
462,683(c)(j)+ Dartmouth Re 2018, 1/31/23       97,672
100,000(c)(j)+ Dartmouth Re 2021, 12/31/24       56,920
27,000(c)(j)+ Limestone Re, 10/1/23 (144A)        3,497
250,000(c)(j)+ Merion Re 2022-1, 12/31/27      217,780
250,000(c)(j)+ Old Head Re 2022, 12/31/27      193,026
333,342(c)(j)+ Oyster Bay Re 2018, 1/31/23      302,541
700,000(c)(j)+ Resilience Re, 5/1/22           —
567,400(c)(j)+ Seminole Re 2018, 1/31/23        5,344
250,000(c)(j)+ Walton Health Re 2019, 6/30/22     208,650
              $1,308,786
19Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Face
Amount
USD ($)
          Value  
  Windstorm – Florida — 0.6%    
250,000(c)(j)+ Isosceles Re 2021, 6/30/25 $    249,050  
750,000(c)(j)+ Portrush Re 2017, 6/15/22     478,575  
                $727,625  
  Windstorm – U.S. Multistate — 0.0%    
250,000(c)(j)+ White Heron Re 2021, 6/30/25 $      5,350  
  Windstorm – U.S. Regional — 0.2%    
350,000(c)(j)+ Oakmont Re 2020, 4/30/24 $    282,639  
  Total Collateralized Reinsurance   $4,140,165  
  Reinsurance Sidecars — 7.5%    
  Multiperil – U.S. — 0.3%    
250,000(c)(j)+ Carnoustie Re 2020, 12/31/23 $     33,900  
231,715(c)(j)+ Carnoustie Re 2021, 12/31/24      10,983  
223,952(c)(j)+ Carnoustie Re 2022, 12/31/27     225,437  
1,000,000(c)(k)+ Harambee Re 2018, 12/31/22        1,800  
1,000,000(k)+ Harambee Re 2019, 12/31/22        1,100  
500,000(c)(k)+ Harambee Re 2020, 12/31/23      19,850  
                $293,070  
  Multiperil – U.S. Regional — 0.0%    
250,000(c)(j)+ Brotherhood Re, 1/31/23 $         —  
  Multiperil – Worldwide — 7.2%    
3,037(k)+ Alturas Re 2019-2, 3/10/23 $      4,276  
24,550(k)+ Alturas Re 2019-3, 9/12/23      11,953  
60,078(k)+ Alturas Re 2020-2, 3/10/23      50,213  
225,450(c)(k)+ Alturas Re 2020-3, 9/30/24        1,646  
439,922(c)(k)+ Alturas Re 2021-2, 12/31/24          572  
213,682(c)(k)+ Alturas Re 2021-3, 7/31/25     198,639  
416,933(c)(k)+ Alturas Re 2022-2, 12/31/27     416,933  
500,000(c)(j)+ Bantry Re 2018, 12/31/22        5,700  
492,000(c)(j)+ Bantry Re 2019, 12/31/22      16,710  
470,033(c)(j)+ Bantry Re 2020, 12/31/23      68,719  
500,000(c)(j)+ Bantry Re 2021, 12/31/24     492,850  
1,579,039(c)(j)+ Berwick Re 2018-1, 12/31/22     122,060  
1,128,124(c)(j)+ Berwick Re 2019-1, 12/31/22     134,811  
993,323(j)+ Berwick Re 2020-1, 12/31/23           99  
750,000(c)(j)+ Berwick Re 2022, 12/31/27     753,433  
12,500(c)(j)+ Eden Re II, 3/22/23 (144A)        3,739  
7,125(j)+ Eden Re II, 3/22/23 (144A)      27,387  
37,500(j)+ Eden Re II, 3/22/23 (144A)      11,858  
70,000(c)(j)+ Eden Re II, 3/22/24 (144A)      37,240  
Pioneer Diversified High Income Fund, Inc. |  | 1/31/2220

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Face
Amount
USD ($)
          Value
  Multiperil – Worldwide — (continued)  
180,000(c)(j)+ Eden Re II, 3/21/25 (144A) $    143,400
400,000(c)(j)+ Eden Re II, 3/20/26 (144A)      400,000
250,000(c)(j)+ Gleneagles Re 2018, 12/31/22       29,575
221,708(j)+ Gleneagles Re 2019, 12/31/22        4,955
243,580(c)(j)+ Gleneagles Re 2020, 12/31/23       24,344
250,000(c)(j)+ Gleneagles Re 2021, 12/31/24       59,886
250,000(c)(j)+ Gleneagles Re 2022, 12/31/27      251,015
1,059,157(c)(j)+ Gullane Re 2018, 12/31/22      147,117
900,000(c)(j)+ Gullane Re 2021, 12/31/24      793,800
849(j)+ Limestone Re 2018, 3/1/23           —
250,000(k)+ Lion Rock Re 2020, 1/31/23           —
250,000(c)(k)+ Lion Rock Re 2021, 12/31/24      195,225
750,000(c)(k)+ Lorenz Re 2018, 7/1/22           —
498,977(c)(k)+ Lorenz Re 2019, 6/30/22       16,366
63,338(c)(k)+ Lorenz Re 2020, 6/30/23        2,920
336,662(c)(k)+ Lorenz Re 2020, 6/30/23       15,520
500,000(c)(j)+ Merion Re 2018-2, 12/31/22       82,750
500,000(c)(j)+ Merion Re 2021-2, 12/31/24      472,500
1,000,000(c)(j)+ Pangaea Re 2018-1, 12/31/22       21,055
1,000,000(c)(j)+ Pangaea Re 2018-3, 7/1/22       20,743
819,247(c)(j)+ Pangaea Re 2019-1, 2/1/23       17,071
735,313(c)(j)+ Pangaea Re 2019-3, 7/1/23       26,450
810,646(j)+ Pangaea Re 2020-1, 2/1/24       17,203
620,500(c)(j)+ Pangaea Re 2020-3, 7/1/24       28,161
790,000(c)(j)+ Pangaea Re 2021-1, 12/31/24       22,792
746,905(c)(j)+ Pangaea Re 2022-1, 12/31/27      746,905
250,000(c)(j)+ Phoenix One Re, 1/4/27      268,475
200,000(c)(j)+ Sector Re V, 3/1/24 (144A)      154,540
25,000(c)(j)+ Sector Re V, 12/1/24 (144A)       73,558
499(c)(j)+ Sector Re V, 12/1/25 (144A)       22,553
750,000(a)(j)+ Sector Re V, 0.32%, (3 Month U.S. Treasury Bill + 0 bps), 12/1/26 (144A)      765,300
225,000(a)(j)+ Sector Re V, 0.32%, (3 Month U.S. Treasury Bill + 0 bps), 12/1/26 (144A)      229,590
515,671(j)+ Sussex Re 2020-1, 12/31/22       12,686
250,000(c)(j)+ Sussex Re 2021-1, 12/31/24       38,500
500,000(c)(k)+ Sussex Re 2022, 12/31/27      503,500
313,499(c)(k)+ Thopas Re 2019, 12/31/22           —
300,000(c)(k)+ Thopas Re 2020, 12/31/23        2,130
250,000(c)(k)+ Thopas Re 2021, 12/31/24      259,400
375,860(c)(k)+ Torricelli Re 2021, 7/31/25      354,849
500,000(c)(j)+ Versutus Re 2018, 12/31/22          600
21Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Face
Amount
USD ($)
          Value  
  Multiperil – Worldwide — (continued)    
441,274(c)(j)+ Versutus Re 2019-A, 12/31/22 $        265  
58,727(c)(j)+ Versutus Re 2019-B, 12/31/22           —  
500,000(c)(k)+ Viribus Re 2018, 12/31/22           —  
212,306(c)(k)+ Viribus Re 2019, 12/31/22        8,874  
240,783(c)(k)+ Viribus Re 2020, 12/31/23        1,950  
216,242(c)(k)+ Viribus Re 2021, 12/31/24     209,517  
507,289(c)(j)+ Woburn Re 2018, 12/31/22      33,688  
499,829(c)(j)+ Woburn Re 2019, 12/31/22     127,142  
              $8,965,708  
  Total Reinsurance Sidecars   $9,258,778  
  Total Insurance-Linked Securities
(Cost $21,288,702)
$19,475,927  
Principal
Amount
USD ($)
           
  Foreign Government Bonds — 3.5% of
Net Assets
 
  Angola — 0.4%  
448,000 Angolan Government International Bond, 8.250%, 5/9/28 (144A) $    451,315
  Total Angola     $451,315
  Argentina — 0.0%  
11,920 Province of Salta Argentina, 9.500%, 3/16/22 (144A) $     11,086
  Total Argentina      $11,086
  Bahrain — 0.3%  
300,000 Bahrain Government International Bond, 7.000%, 10/12/28 (144A) $    319,060
  Total Bahrain     $319,060
  Gabon — 0.4%  
475,000 Gabon Government International Bond, 7.000%, 11/24/31 (144A) $    463,909
  Total Gabon     $463,909
Pioneer Diversified High Income Fund, Inc. |  | 1/31/2222

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Ghana — 0.5%  
320,000 Ghana Government International Bond, 7.875%, 2/11/35 (144A) $    239,475
500,000 Ghana Government International Bond, 8.627%, 6/16/49     373,125
  Total Ghana     $612,600
  Mexico — 0.7%  
MXN18,385,500 Mexican Bonos, 8.000%, 12/7/23 $    898,151
  Total Mexico     $898,151
  Nigeria — 0.5%  
675,000 Nigeria Government International Bond, 7.375%, 9/28/33 (144A) $    628,155
  Total Nigeria     $628,155
  Oman — 0.2%  
235,000 Oman Government International Bond, 6.750%, 10/28/27 (144A) $    257,799
  Total Oman     $257,799
  Ukraine — 0.5%  
750,000 Ukraine Government International Bond, 8.994%, 2/1/24 (144A) $    690,000
  Total Ukraine     $690,000
  Total Foreign Government Bonds
(Cost $4,701,934)
  $4,332,075
Shares            
  SHORT TERM INVESTMENTS — 1.0% of Net
Assets
 
  Open-End Fund — 1.0%  
1,290,472(l) Dreyfus Government Cash Management,
  Institutional Shares, 0.03%
$  1,290,472
              $1,290,472
  TOTAL SHORT TERM INVESTMENTS
(Cost $1,290,472)
  $1,290,472
23Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Number of
Contracts
Description Counterparty Amount Strike
Price
Expiration
Date
Value
  Over The Counter (OTC) Call Options Purchased — 0.0%  
18,332(m)+^ Desarrolladora Homex SAB de CV Brown Brothers Harriman & Co. MXN — MXN —(n) 10/23/22 $
18,332(o)+^ Desarrolladora Homex SAB de CV Brown Brothers Harriman & Co. MXN — MXN —(n) 10/23/22
  Total Over The Counter (OTC) Call Options Purchased
(Premiums paid $ 0)
$
  Over The Counter (OTC) Currency Put Options Purchased — 0.1%  
3,300,000 Put EUR Call USD Bank of America NA EUR 29,322 EUR 1.15 2/15/22 $87,768
1,700,000 Put EUR Call USD Bank of America NA EUR 26,125 EUR 1.15 10/19/22 49,813
1,680,000 Put EUR Call USD Goldman Sachs & Co. EUR 11,367 EUR 1.13 2/14/22 15,797
800,000 Put EUR Call USD JPMorgan Chase Bank NA EUR 11,348 EUR 1.17 2/4/22 33,616
  Total Over The Counter (OTC) Currency Put Options Purchased
(Premiums paid $ 78,162)
$186,994
  TOTAL OPTIONS PURCHASED
(Premiums paid $ 78,162)
$186,994
  TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 146.7%
(Cost $179,682,030)
$182,116,566
  Over The Counter (OTC) Currency Call Options Written — (0.0%)  
3,300,000 Call EUR Put USD Bank of America NA EUR 29,322 EUR 1.20 2/15/22 $
1,700,000 Call EUR Put USD Bank of America NA EUR 26,125 EUR 1.20 10/19/22 (7,001)
1,680,000 Call EUR Put USD Goldman Sachs & Co. EUR 11,367 EUR 1.16 2/14/22 (48)
800,000 Call EUR Put USD JPMorgan Chase Bank NA EUR 11,348 EUR 1.25 2/4/22
  Total Over The Counter (OTC) Currency Call Options Written
(Premiums received $(78,162))
$(7,049)
  OTHER ASSETS AND LIABILITIES — (46.7)% $(58,006,027)
  net assets — 100.0% $124,103,490
bps Basis Points.
CMT Constant Maturity Treasury Index.
FREMF Freddie Mac Multifamily Fixed-Rate Mortgage Loans.
FRESB Freddie Mac Multifamily Small Balance Certificates.
LIBOR London Interbank Offered Rate.
REIT Real Estate Investment Trust.
Pioneer Diversified High Income Fund, Inc. |  | 1/31/2224

Schedule of Investments  |  1/31/22
(unaudited) (continued)
SOFR Secured Overnight Financing Rate.
SOFR30A Secured Overnight Financing Rate 30 Day Average.
(144A) 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 January 31, 2022, the value of these securities amounted to $141,208,747, or 113.8% of net assets.
(a) Floating rate note. Coupon rate, reference index and spread shown at January 31, 2022.
(b) Payment-in-kind (PIK) security which may pay interest in the form of additional principal amount.
(c) Non-income producing security.
(d) The interest rate is subject to change periodically. The interest rate and/or reference index and spread shown at January 31, 2022.
(e) Security issued with a zero coupon. Income is recognized through accretion of discount.
(f) Security represents the interest-only portion payments on a pool of underlying mortgages or mortgage-backed securities.
(g) Security is priced as a unit.
(h) Security is in default.
(i) Security is perpetual in nature and has no stated maturity date.
(j) Issued as participation notes.
(k) Issued as preference shares.
(l) Rate periodically changes. Rate disclosed is the 7-day yield at January 31, 2022.
(m) Option does not become effective until underlying company’s outstanding common shares reach a market capitalization of MXN 12.5 billion.
(n) Strike price is 1 Mexican Peso (MXN).
(o) Option does not become effective until underlying company’s outstanding common shares reach a market capitalization of MXN 15.5 billion.
* 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, (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 January 31, 2022.
Amount rounds to less than 0.1%.
+ Security that used significant unobservable inputs to determine its value.
^ Security is valued using fair value methods (other than prices supplied by independent pricing services or broker dealers).
# Securities are restricted as to resale.
Restricted Securities Acquisition date Cost Value
Ailsa Re 2021 7/12/2021 $350,000 $359,687
25Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Restricted Securities Acquisition date Cost Value
Alamo Re II 5/29/2020 $250,000 $258,675
Alturas Re 2019-2 12/19/2018 3,037 4,276
Alturas Re 2019-3 6/26/2019 24,550 11,953
Alturas Re 2020-2 1/1/2020 60,078 50,213
Alturas Re 2020-3 8/3/2020 512 1,646
Alturas Re 2021-2 2/16/2021 22,989 572
Alturas Re 2021-3 8/16/2021 213,682 198,639
Alturas Re 2022-2 1/18/2022 416,933 416,933
Amaranth Re 2022 1/21/2022 221,062 223,291
Ballybunion Re 2020 12/31/2019 66,287 77,375
Ballybunion Re 2021 8/10/2021 250,000 259,299
Ballybunion Re 2021-2 8/2/2021 500,000 517,400
Ballybunion Re 2021-3 8/2/2021 100,000 101,400
Bantry Re 2018 2/6/2019 5,689 5,700
Bantry Re 2019 2/1/2019 16,710
Bantry Re 2020 2/4/2020 26,121 68,719
Bantry Re 2021 1/11/2021 500,000 492,850
Berwick Re 2018-1 1/10/2018 230,646 122,060
Berwick Re 2019-1 12/31/2018 134,801 134,811
Berwick Re 2020-1 9/24/2020 99
Berwick Re 2022 12/31/2021 750,000 753,433
Brotherhood Re 1/22/2018 40,341
Caelus Re V 4/27/2017 400,000 20,000
Caelus Re V 4/27/2017 375,000 33
Caelus Re V 5/4/2018 250,000 25
Cape Lookout Re 3/9/2021 250,000 250,600
Carnoustie Re 2020 7/16/2020 11,377 33,900
Carnoustie Re 2021 1/25/2021 7,764 10,983
Carnoustie Re 2022 1/20/2022 223,952 225,437
Cypress Re 2017 1/24/2017 2,185 65
Dartmouth Re 2018 1/18/2018 188,086 97,672
Dartmouth Re 2021 1/19/2021 37,395 56,920
Denning Re 2021 7/28/2021 244,573 250,417
Eden Re II 12/15/2017 747 3,739
Eden Re II 1/22/2019 835 27,387
Eden Re II 12/23/2019 70,000 37,240
Eden Re II 1/23/2018 867 11,858
Eden Re II 1/25/2021 180,000 143,400
Eden Re II 1/21/2022 400,000 400,000
Four Lakes Re 11/5/2020 250,000 250,250
Four Lakes Re 11/5/2020 250,000 252,426
Gleneagles Re 2018 1/11/2018 20,068 29,575
Gleneagles Re 2019 12/31/2018 4,955
Gleneagles Re 2020 6/24/2020 1,917 24,344
Pioneer Diversified High Income Fund, Inc. |  | 1/31/2226

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Restricted Securities Acquisition date Cost Value
Gleneagles Re 2021 1/13/2021 $64,461 $59,886
Gleneagles Re 2022 1/18/2022 250,000 251,015
Gullane Re 2018 3/26/2018 75,936 147,117
Gullane Re 2021 2/23/2021 900,000 793,800
Harambee Re 2018 12/19/2017 21,232 1,800
Harambee Re 2019 12/20/2018 1,100
Harambee Re 2020 2/27/2020 4,765 19,850
Hypatia, Ltd. 4/9/2021 257,679 261,075
Hypatia, Ltd. 7/10/2020 771,022 791,625
International Bank for Reconstruction & Development 7/19/2021 250,000 249,925
Isosceles Re 2021 7/19/2021 227,760 249,050
Kilimanjaro III Re 4/8/2021 250,000 250,375
Kilimanjaro III Re 4/8/2021 250,000 247,925
Kilimanjaro Re 6/12/2020 249,072 251,575
Limestone Re 6/20/2018 230 3,497
Limestone Re 2018 6/20/2018 849
Lion Rock Re 2020 12/30/2019
Lion Rock Re 2021 3/1/2021 250,000 195,225
Lorenz Re 2018 6/26/2018 143,227
Lorenz Re 2019 6/26/2019 156,932 16,366
Lorenz Re 2020 8/11/2020 3,822 2,920
Lorenz Re 2020 8/12/2020 20,317 15,520
Matterhorn Re 12/15/2021 250,000 249,600
Merion Re 2018-2 12/28/2017 20,576 82,750
Merion Re 2021-2 12/28/2020 500,000 472,500
Merion Re 2022-1 1/25/2022 215,055 217,780
Mona Lisa Re 12/30/2019 752,100 758,925
Mystic Re IV 10/26/2021 248,492 251,675
Mystic Re IV 6/9/2021 500,000 496,450
Oakmont Re 2020 12/3/2020 239,355 282,639
Old Head Re 2022 1/6/2022 188,288 193,026
Oyster Bay Re 2018 1/17/2018 297,524 302,541
Pangaea Re 2018-1 1/11/2018 143,008 21,055
Pangaea Re 2018-3 5/31/2018 240,861 20,743
Pangaea Re 2019-1 1/9/2019 8,601 17,071
Pangaea Re 2019-3 7/25/2019 22,059 26,450
Pangaea Re 2020-1 1/21/2020 17,203
Pangaea Re 2020-3 9/15/2020 28,161
Pangaea Re 2021-1 1/28/2021 43,095 22,792
Pangaea Re 2022-1 1/11/2022 746,905 746,905
Phoenix One Re 12/21/2020 250,000 268,475
Port Royal Re 2021 6/17/2021 238,947 250,187
Portrush Re 2017 6/12/2017 575,239 478,575
27Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Restricted Securities Acquisition date Cost Value
Residential Reinsurance 2018 Re 11/15/2018 $250,000 $245,875
Residential Reinsurance 2019 Re 11/5/2019 250,000 245,400
Residential Reinsurance 2021 Re 10/28/2021 500,000 499,500
Resilience Re 2/8/2017 339
Sector Re V 4/23/2019 200,000 154,540
Sector Re V 12/4/2019 25,000 73,558
Sector Re V 12/21/2020 499 22,553
Sector Re V 12/6/2021 750,000 765,300
Sector Re V 1/5/2022 225,000 229,590
Seminole Re 2018 1/2/2018 5,344
Sussex Re 2020-1 1/21/2020 12,686
Sussex Re 2021-1 1/26/2021 34,247 38,500
Sussex Re 2022 1/5/2022 500,000 503,500
Thopas Re 2019 2/13/2019
Thopas Re 2020 12/30/2019 2,130
Thopas Re 2021 1/22/2021 250,000 259,400
Torricelli Re 2021 7/2/2021 375,860 354,849
Versutus Re 2018 12/20/2017 600
Versutus Re 2019-A 1/28/2019 265
Versutus Re 2019-B 12/24/2018
Viribus Re 2018 12/22/2017 39,450
Viribus Re 2019 3/25/2019 8,874
Viribus Re 2020 3/12/2020 24,541 1,950
Viribus Re 2021 2/1/2021 216,242 209,517
Vitality Re XI 1/23/2020 250,000 245,050
Walton Health Re 2019 7/18/2019 152,801 208,650
White Heron Re 2021 6/9/2021 5,350
Woburn Re 2018 3/20/2018 175,959 33,688
Woburn Re 2019 1/30/2019 109,861 127,142
Total Restricted Securities     $19,475,927
% of Net assets     15.7%
Distributions of investments by country of issue, as a percentage of long-term holdings based on country of domicile, is as follows:
United States 60.5%
Canada 6.8%
Luxembourg 6.1%
Bermuda 3.8%
Mexico 3.6%
United Kingdom 2.8%
Cayman Islands 2.0%
Netherlands 1.4%
Pioneer Diversified High Income Fund, Inc. |  | 1/31/2228

Schedule of Investments  |  1/31/22
(unaudited) (continued)
Ireland 1.4%
Italy 1.3%
Turkey 1.3%
Other (individually less than 1%) 9.0%
  100.0%
FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS
Currency
Purchased
In
Exchange for
Currency
Sold
Deliver Counterparty Settlement
Date
Unrealized
Appreciation
(Depreciation)
EUR 224,000 USD 253,286 Brown Brothers Harriman & Co. 2/24/22 $(1,513)
EUR 980,000 USD 1,120,552 Brown Brothers Harriman & Co. 3/25/22 (18,185)
USD 766,148 EUR 680,000 Brown Brothers Harriman & Co. 4/28/22 545
USD 923,711 EUR 813,000 Citibank NA 2/24/22 9,909
EUR 650,000 USD 735,775 HSBC Bank USA NA 3/25/22 (4,614)
GBP 822,000 USD 1,103,571 Morgan Stanley & Co., LLC 3/23/22 1,598
EUR 2,240,000 USD 2,535,199 State Street Bank & Trust Co. 4/28/22 (13,214)
USD 345,054 EUR 305,000 State Street Bank & Trust Co. 4/28/22 1,658
TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS $(23,816)
Principal amounts are denominated in U.S. dollars (“USD”) unless otherwise noted.
ARS — Argentine Peso
EUR — Euro
GBP — Great British Pound
IDR — Indonesian Rupiah
MXN — Mexican Peso
USD — United States Dollar
29Pioneer Diversified High Income Fund, Inc. |  | 1/31/22

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels below.
Level 1 unadjusted quoted prices in active markets for identical securities.
Level 2 other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.).
Level 3 significant unobservable inputs (including the Fund's own assumptions in determining fair value of investments).
The following is a summary of the inputs used as of January 31, 2022, in valuing the Fund's investments:
  Level 1 Level 2 Level 3 Total
Senior Secured Floating Rate Loan Interests $$5,734,858 $$5,734,858
Common Stocks        
Specialty Retail 64,395 64,395
All Other Common Stocks 231,853 231,853
Asset Backed Securities 2,426,814 2,426,814
Collateralized Mortgage Obligations 1,555,423 1,555,423
Commercial Mortgage-Backed Securities 13,198,862 13,198,862
Convertible Corporate Bonds 2,505,054 2,505,054
Corporate Bonds 130,535,389 130,535,389
Preferred Stock 578,450 578,450
Insurance-Linked Securities        
Collateralized Reinsurance        
Multiperil – Massachusetts 250,417 250,417
Multiperil – U.S. 1,205,661 1,205,661
Multiperil – U.S. Regional 359,687 359,687
Multiperil – Worldwide 1,308,786 1,308,786
Windstorm – Florida 727,625 727,625
Windstorm – U.S. Multistate 5,350 5,350
Windstorm – U.S. Regional 282,639 282,639
Reinsurance Sidecars        
Multiperil – U.S. 293,070 293,070
Multiperil – U.S. Regional —* —*
Multiperil – Worldwide 8,965,708 8,965,708
All Other Insurance-Linked Securities 6,076,984 6,076,984
Foreign Government Bonds 4,332,075 4,332,075
Open-End Fund 1,290,472 1,290,472
Over The Counter (OTC) Call Options Purchased —* —*
Over The Counter (OTC) Currency Put Options Purchased 186,994 186,994
Total Investments in Securities $2,100,775 $166,552,453 $13,463,338 $182,116,566
Pioneer Diversified High Income Fund, Inc. |  | 1/31/2230

Schedule of Investments  |  1/31/22
(unaudited) (continued)
  Level 1 Level 2 Level 3 Total
Other Financial Instruments        
Over The Counter (OTC) Currency Call Options Written $$(7,049) $$(7,049)
Net unrealized depreciation on forward foreign currency exchange contracts (23,816) (23,816)
Total Other Financial Instruments $$(30,865) $$(30,865)
* Securities valued at $0.
The following is a reconciliation of assets valued using significant unobservable inputs (Level 3):
  Common
Stocks
Insurance-
Linked
Securities
Total
Balance as of 4/30/21 $ 280,712 $ 13,667,444 $ 13,948,156
Realized gain (loss) 48,908 (468,381) (419,473)
Changed in unrealized appreciation (depreciation) (5,703) (329,893) (335,596)
Accrued discounts/premiums (3,476,842) (3,476,842)
Purchases 7,386,814 7,386,814
Sales (165,428) (3,380,126) (3,545,554)
Transfers in to Level 3*
Transfers out of Level 3* (94,094) (73) (94,167)
Balance as of 1/31/22 $ 64,395 $ 13,398,943 $ 13,463,338
* Transfers are calculated on the beginning of period values. For the three months ended January 31, 2022, securities with an aggregate market value of $94,167 transferred from Level 3 to Level 2 as there were observable inputs available to determine their value. There were no other transfers in or out of Level 3.
Net change in unrealized appreciation (depreciation) of Level 3 investments still held and considered Level 3 at January 31, 2022: $375,758
31Pioneer Diversified High Income Fund, Inc. |  | 1/31/22