NPORT-EX 2 AAPI060AMU073122.htm
Pioneer Diversified High Income Fund, Inc.
Schedule of Investments  |  July 31, 2022
 
Ticker Symbol: HNW

Schedule of Investments  |  7/31/22
(unaudited) 
Principal
Amount
USD ($)
          Value
  UNAFFILIATED ISSUERS — 141.5%  
  Senior Secured Floating Rate Loan
Interests — 3.3% of Net Assets*(a)
 
  Airlines — 0.3%  
265,000 LATAM Airlines Group SA, Tranche A Facility, 9.666% (Term SOFR + 750 bps), 8/8/22 $   265,662
  Total Airlines    $265,662
  Consumer Products — 0.3%  
356,125 Instant Brands Holdings, Inc., Initial Loan, 7.076% (LIBOR + 500 bps), 4/12/28 $   285,494
  Total Consumer Products    $285,494
  Dialysis Centers — 0.3%  
486,250 US Renal Care, Inc., Initial Term Loan, 6.688% (LIBOR + 500 bps), 6/26/26 $   351,142
  Total Dialysis Centers    $351,142
  Electronic Composition — 0.1%  
123,739 Natel Engineering Co., Inc., Initial Term Loan, 7.743% (LIBOR + 625 bps), 4/30/26 $   115,077
  Total Electronic Composition    $115,077
  Human Resources — 0.2%  
323,021 Team Health Holdings, Inc., Extended Term Loan, 7.577% (Term SOFR + 525 bps), 3/2/27 $   264,878
  Total Human Resources    $264,878
  Medical Labs & Testing Services — 0.1%  
313,287 Envision Healthcare Corp., Initial Term Loan, 6.122% (LIBOR + 375 bps), 10/10/25 $    87,671
  Total Medical Labs & Testing Services     $87,671
  Oil-Field Services — 1.8%  
1,917,443 ProFrac Holdings II, LLC, Term Loan, 10.007% (Term SOFR + 850 bps), 3/4/25 $ 1,867,110
  Total Oil-Field Services $1,867,110
  Recreational Centers — 0.2%  
191,703 Fitness International LLC, Term B Loan, 5.622% (LIBOR + 325 bps), 4/18/25 $   176,367
  Total Recreational Centers    $176,367
  Total Senior Secured Floating Rate Loan Interests
(Cost $3,924,810)
$3,413,401
1Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Shares           Value
  Common Stocks — 0.5% of Net Assets  
  Airlines — 0.2%  
24,166(b) Grupo Aeromexico SAB de CV $   234,719
  Total Airlines    $234,719
  Household Durables — 0.0%  
89,094(b) Desarrolladora Homex SAB de CV $       136
  Total Household Durables        $136
  Oil, Gas & Consumable Fuels — 0.2%  
6(b) Amplify Energy Corp. $        41
218,823(b) PetroQuest Energy, Inc.      93,000
5,709(b) Summit Midstream Partners LP     85,349
  Total Oil, Gas & Consumable Fuels    $178,390
  Specialty Retail — 0.1%  
42,088(b)+^ Targus Cayman SubCo., Ltd. $    51,768
  Total Specialty Retail     $51,768
  Total Common Stocks
(Cost $791,295)
   $465,013
Principal
Amount
USD ($)
           
  Asset Backed Securities — 3.3% of Net
Assets
 
500,000 ACC Auto Trust, Series 2022-A, Class D, 10.07%, 3/15/29 (144A) $   496,390
500,000(a) Goldentree Loan Management US CLO 2, Ltd., Series 2017-2A, Class E, 7.41% (3 Month USD LIBOR + 470 bps), 11/28/30 (144A)    420,384
1,000,000 JPMorgan Chase Bank NA - CACLN, Series 2021-3, Class G, 9.812%, 2/26/29 (144A)    935,824
1,000,000(a) MCF CLO VII LLC, Series 2017-3A, Class ER, 11.86% (3 Month USD LIBOR + 915 bps), 7/20/33 (144A)    899,706
650,000 Santander Bank Auto Credit-Linked Notes, Series 2022-A, Class E, 12.662%, 5/15/32 (144A)    645,888
  Total Asset Backed Securities
(Cost $3,610,194)
$3,398,192
  Collateralized Mortgage
Obligations—2.4% of Net Assets
 
330,000(a) Connecticut Avenue Securities Trust, Series 2021-R01, Class 1B2, 7.514% (SOFR30A + 600 bps), 10/25/41 (144A) $   291,190
Pioneer Diversified High Income Fund, Inc. |  | 7/31/222

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Collateralized Mortgage
Obligations—(continued)
 
150,000(a) Connecticut Avenue Securities Trust, Series 2022-R04, Class 1B2, 11.014% (SOFR30A + 950 bps), 3/25/42 (144A) $   144,834
10,609(a) DSLA Mortgage Loan Trust, Series 2005-AR6, Class 2A1C, 2.96% (1 Month USD LIBOR + 84 bps), 10/19/45      10,440
100,000(a) Fannie Mae Connecticut Avenue Securities, Series 2021-R02, Class 2B2, 7.714% (SOFR30A + 620 bps), 11/25/41 (144A)      85,566
200,000(a) Freddie Mac Stacr Remic Trust, Series 2021-DNA7, Class B2, 9.314% (SOFR30A + 780 bps), 11/25/41 (144A)    169,213
450,000(a) Freddie Mac Stacr Remic Trust, Series 2021-HQA3, Class B2, 7.764% (SOFR30A + 625 bps), 9/25/41 (144A)    377,307
280,000(a) Freddie Mac Stacr Remic Trust, Series 2022-DNA2, Class B2, 10.014% (SOFR30A + 850 bps), 2/25/42 (144A)    249,497
20,784 Global Mortgage Securitization, Ltd., Series 2004-A, Class B1, 5.25%, 11/25/32 (144A)      14,787
500,000(c) RMF Buyout Issuance Trust, Series 2022-HB1, Class M5, 4.50%, 4/25/32 (144A)    395,000
640,000(a) STACR Trust, Series 2018-HRP2, Class B2, 12.759% (1 Month USD LIBOR + 1,050 bps), 2/25/47 (144A)    699,314
  Total Collateralized Mortgage Obligations
(Cost $2,636,578)
$2,437,148
  Commercial Mortgage-Backed
Securities—11.2% of Net Assets
 
1,000,000(c) Benchmark Mortgage Trust, Series 2020-B18, Class AGNG, 4.388%, 7/15/53 (144A) $   823,744
500,000(a) BPR Trust, Series 2021-WILL, Class E, 8.749% (1 Month USD LIBOR + 675 bps), 6/15/38 (144A)    464,784
588,625(a) Capital Funding Mortgage Trust, Series 2020-9, Class B, 16.613% (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, 14.81% (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, 16.92% (1 Month USD LIBOR + 1,521 bps), 11/6/23 (144A)    977,517
3Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Principal
Amount
USD ($)
          Value
  Commercial Mortgage-Backed
Securities—(continued)
 
70,000(a) Freddie Mac Multifamily Structured Credit Risk, Series 2021-MN1, Class B1, 9.264% (SOFR30A + 775 bps), 1/25/51 (144A) $    68,263
180,000(a) Freddie Mac Multifamily Structured Credit Risk, Series 2021-MN3, Class B1, 8.364% (SOFR30A + 685 bps), 11/25/51 (144A)    163,531
627,395(c) FREMF Mortgage Trust, Series 2019-KJ24, Class B, 7.60%, 10/25/27 (144A)    591,917
1,000,000(a) FREMF Mortgage Trust, Series 2019-KS12, Class C, 8.687% (1 Month USD LIBOR + 690 bps), 8/25/29    889,569
434,092(a) FREMF Mortgage Trust, Series 2020-KF74, Class C, 8.037% (1 Month USD LIBOR + 625 bps), 1/25/27 (144A)    422,348
527,183(a) FREMF Mortgage Trust, Series 2020-KF83, Class C, 10.787% (1 Month USD LIBOR + 900 bps), 7/25/30 (144A)    508,776
1,000,000(d) FREMF Mortgage Trust, Series 2021-KG05, Class C, 0.000%, 1/25/31 (144A)    506,734
12,333,286(e) FREMF Mortgage Trust, Series 2021-KG05, Class X2A, 0.10%, 1/25/31 (144A)      79,109
1,000,000(e) FREMF Mortgage Trust, Series 2021-KG05, Class X2B, 0.10%, 1/25/31 (144A)       5,769
7,917,344(c) FRESB Mortgage Trust, Series 2020-SB79, Class X1, 1.094%, 7/25/40    444,419
500,000(c) JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-LC11, Class D, 4.159%, 4/15/46    382,479
172,230(c) Morgan Stanley Capital I Trust, Series 2007-T25, Class AJ, 5.574%, 11/12/49    129,172
750,000(a) Multifamily Connecticut Avenue Securities Trust, Series 2020-01, Class M10, 6.009% (1 Month USD LIBOR + 375 bps), 3/25/50 (144A)    693,750
900,000(c) Natixis Commercial Mortgage Securities Trust, Series 2019-FAME, Class E, 4.398%, 8/15/36 (144A)    764,631
290,000 Palisades Center Trust, Series 2016-PLSD, Class A, 2.713%, 4/13/33 (144A)    258,100
192,353(a) Slide, Series 2018-FUN, Class E, 4.549% (1 Month USD LIBOR + 255 bps), 6/15/31 (144A)    184,050
319,727(c) Velocity Commercial Capital Loan Trust, Series 2020-1, Class M6, 5.69%, 2/25/50 (144A)    282,123
Pioneer Diversified High Income Fund, Inc. |  | 7/31/224

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Commercial Mortgage-Backed
Securities—(continued)
 
1,100,000 Wells Fargo Commercial Mortgage Trust, Series 2015-C28, Class E, 3.00%, 5/15/48 (144A) $   775,402
1,660,500(c) Wells Fargo Commercial Mortgage Trust, Series 2015-C31, Class E, 4.60%, 11/15/48 (144A)  1,184,258
  Total Commercial Mortgage-Backed Securities
(Cost $12,488,539)
$11,477,087
  Convertible Corporate Bonds — 2.3%
of Net Assets
 
  Airlines — 0.1%  
225,000 GOL Equity Finance SA, 3.75%, 7/15/24 (144A) $   120,980
  Total Airlines    $120,980
  Banks — 0.0%  
IDR812,959,000^ PT Bakrie & Brothers Tbk, 0.00%, 12/22/22 $     5,481
  Total Banks      $5,481
  Chemicals — 1.9%  
1,900,000(f) Hercules LLC, 6.50%, 6/30/29 $ 1,925,688
  Total Chemicals $1,925,688
  Entertainment — 0.2%  
312,000(d) DraftKings Holdings, Inc., 3/15/28 $   187,512
  Total Entertainment    $187,512
  Pharmaceuticals — 0.1%  
300,000 Tricida, Inc., 3.50%, 5/15/27 $   154,909
  Total Pharmaceuticals    $154,909
  Total Convertible Corporate Bonds
(Cost $2,214,266)
$2,394,570
  Corporate Bonds — 93.2% of Net Assets  
  Advertising — 0.9%  
645,000 Clear Channel Outdoor Holdings, Inc., 7.50%, 6/1/29 (144A) $   519,225
535,000 Clear Channel Outdoor Holdings, Inc., 7.75%, 4/15/28 (144A)    430,311
  Total Advertising    $949,536
  Aerospace & Defense — 0.8%  
450,000 Bombardier, Inc., 7.125%, 6/15/26 (144A) $   417,780
5Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Principal
Amount
USD ($)
          Value
  Aerospace & Defense — (continued)  
280,000 Howmet Aerospace, Inc., 6.875%, 5/1/25 $   294,700
101,000 Triumph Group, Inc., 8.875%, 6/1/24 (144A)    104,471
  Total Aerospace & Defense    $816,951
  Agriculture — 0.3%  
815,000 Kernel Holding SA, 6.50%, 10/17/24 (144A) $   318,632
  Total Agriculture    $318,632
  Airlines — 5.6%  
500,000 Gol Finance SA, 7.00%, 1/31/25 (144A) $   267,500
2,115,000 Gol Finance SA, 8.00%, 6/30/26 (144A)  1,397,759
1,510,000 Grupo Aeromexico SAB de CV, 8.50%, 3/17/27 (144A)  1,436,010
1,915,000 Pegasus Hava Tasimaciligi AS, 9.25%, 4/30/26 (144A)  1,736,445
EUR1,000,000 Transportes Aereos Portugueses SA, 5.625%, 12/2/24 (144A)    898,671
  Total Airlines $5,736,385
  Auto Manufacturers — 0.5%  
545,000 JB Poindexter & Co., Inc., 7.125%, 4/15/26 (144A) $   531,773
  Total Auto Manufacturers    $531,773
  Auto Parts & Equipment — 0.7%  
840,000 Dealer Tire LLC/DT Issuer LLC, 8.00%, 2/1/28 (144A) $   753,816
  Total Auto Parts & Equipment    $753,816
  Banks — 3.7%  
300,000(c) Banco de Galicia y Buenos Aires SAU, 7.962% (5 Year CMT Index + 716 bps), 7/19/26 (144A) $   268,500
1,135,000(c) Banco GNB Sudameris SA, 7.50% (5 Year CMT Index + 666 bps), 4/16/31 (144A)    928,668
685,000(c)(g) Banco Mercantil del Norte SA, 8.375% (5 Year CMT Index + 776 bps) (144A)    650,928
247,000 Freedom Mortgage Corp., 8.125%, 11/15/24 (144A)    221,065
911,000 Freedom Mortgage Corp., 8.25%, 4/15/25 (144A)    815,345
350,000(c)(g) ING Groep NV, 6.50% (5 Year USD Swap Rate + 445 bps)    344,327
225,000(c)(g) Intesa Sanpaolo S.p.A., 7.70% (5 Year USD Swap Rate + 546 bps) (144A)    210,375
200,000 Sberbank of Russia Via SB Capital SA, 5.25%, 5/23/23 (144A)      25,000
Pioneer Diversified High Income Fund, Inc. |  | 7/31/226

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Banks — (continued)  
865,000(c)(g) Sovcombank Via SovCom Capital DAC, 7.60% (5 Year CMT Index + 636 bps) (144A) $    17,300
344,000(c) Turkiye Vakiflar Bankasi TAO, 8.00% (5 Year USD Swap Rate + 585 bps), 11/1/27 (144A)    323,353
  Total Banks $3,804,861
  Biotechnology — 0.3%  
EUR345,000 Cidron Aida Finco S.a.r.l., 5.00%, 4/1/28 (144A) $   310,224
  Total Biotechnology    $310,224
  Building Materials — 1.4%  
199,000 Koppers, Inc., 6.00%, 2/15/25 (144A) $   189,593
375,000 Oscar AcquisitionCo LLC/Oscar Finance, Inc., 9.50%, 4/15/30 (144A)    305,783
1,001,000 Patrick Industries, Inc., 7.50%, 10/15/27 (144A)    927,362
  Total Building Materials $1,422,738
  Chemicals — 2.3%  
425,000 Braskem Idesa SAPI, 6.99%, 2/20/32 (144A) $   366,435
425,000 LSF11 A5 HoldCo LLC, 6.625%, 10/15/29 (144A)    364,399
EUR420,000 Lune Holdings S.a.r.l., 5.625%, 11/15/28 (144A)    374,201
300,000 LYB Finance Co. BV, 8.10%, 3/15/27 (144A)    346,561
379,000 Mativ, Inc., 6.875%, 10/1/26 (144A)    333,482
280,000 Olin Corp., 9.50%, 6/1/25 (144A)    302,834
336,000 Rain CII Carbon LLC/CII Carbon Corp., 7.25%, 4/1/25 (144A)    317,520
  Total Chemicals $2,405,432
  Commercial Services — 5.5%  
245,000 Allied Universal Holdco LLC/Allied Universal Finance Corp., 6.625%, 7/15/26 (144A) $   237,398
585,000 Allied Universal Holdco LLC/Allied Universal Finance Corp., 9.75%, 7/15/27 (144A)    535,603
450,000 APX Group, Inc., 6.75%, 2/15/27 (144A)    445,727
1,384,000 Atento Luxco 1 SA, 8.00%, 2/10/26 (144A)    858,618
473,000 Garda World Security Corp., 6.00%, 6/1/29 (144A)    372,428
958,000 Garda World Security Corp., 9.50%, 11/1/27 (144A)    902,085
410,000 PECF USS Intermediate Holding III Corp., 8.00%, 11/15/29 (144A)    329,025
935,000 Prime Security Services Borrower LLC/Prime Finance, Inc., 6.25%, 1/15/28 (144A)    857,096
MXN3,600,000 Red de Carreteras de Occidente SAB de CV, 9.00%, 6/10/28 (144A)    174,272
7Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Principal
Amount
USD ($)
          Value
  Commercial Services — (continued)  
558,000 Sotheby's, 7.375%, 10/15/27 (144A) $   536,929
411,000 Verscend Escrow Corp., 9.75%, 8/15/26 (144A)    412,831
  Total Commercial Services $5,662,012
  Computers — 0.5%  
865,000 Diebold Nixdorf, Inc., 8.50%, 4/15/24 $   415,442
80,000 Diebold Nixdorf, Inc., 9.375%, 7/15/25 (144A)     62,200
  Total Computers    $477,642
  Diversified Financial Services — 6.8%  
1,000,000 ASG Finance Designated Activity Co., 7.875%, 12/3/24 (144A) $   925,000
375,925(h) Avation Capital SA, 8.25% (9.00% PIK or 8.25% Cash), 10/31/26 (144A)    282,830
1,110,000 Bread Financial Holdings, Inc., 7.00%, 1/15/26 (144A)  1,045,162
275,000(i) Credito Real SAB de CV SOFOM ER, 8.00%, 1/21/28 (144A)       8,938
530,000 Financiera Independencia SAB de CV SOFOM ENR, 8.00%, 7/19/24 (144A)    384,720
EUR235,000 Garfunkelux Holdco 3 SA, 6.75%, 11/1/25 (144A)    206,232
GBP400,000 Garfunkelux Holdco 3 SA, 7.75%, 11/1/25 (144A)    422,333
1,073,814(h) Global Aircraft Leasing Co., Ltd., 6.50% (7.25% PIK or 6.50% Cash), 9/15/24 (144A)    826,837
75,000 OneMain Finance Corp., 6.625%, 1/15/28      70,322
355,000 PHH Mortgage Corp., 7.875%, 3/15/26 (144A)    331,375
1,174,000(i) Unifin Financiera SAB de CV, 8.375%, 1/27/28 (144A)    598,647
865,000 United Wholesale Mortgage LLC, 5.75%, 6/15/27 (144A)    752,706
465,000 VistaJet Malta Finance Plc/XO Management Holding, Inc., 6.375%, 2/1/30 (144A)    404,792
745,000 VistaJet Malta Finance Plc/XO Management Holding, Inc., 7.875%, 5/1/27 (144A)    684,990
  Total Diversified Financial Services $6,944,884
  Electric — 1.0%  
400,000 Cemig Geracao e Transmissao SA, 9.25%, 12/5/24 (144A) $   421,500
460,000(c) Enel S.p.A., 8.75% (5 Year USD Swap Rate + 588 bps), 9/24/73 (144A)    473,869
Pioneer Diversified High Income Fund, Inc. |  | 7/31/228

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Electric — (continued)  
92,678 NSG Holdings LLC/NSG Holdings, Inc., 7.75%, 12/15/25 (144A) $    89,667
7,000 Vistra Operations Co. LLC, 5.625%, 2/15/27 (144A)      7,022
  Total Electric    $992,058
  Electrical Components & Equipments — 0.6%  
350,000 WESCO Distribution, Inc., 7.125%, 6/15/25 (144A) $   361,760
245,000 WESCO Distribution, Inc., 7.25%, 6/15/28 (144A)    253,822
  Total Electrical Components & Equipments    $615,582
  Energy-Alternate Sources — 0.1%  
91,636(h) SCC Power Plc, 4.00% (4.00% PIK or 4.00% Cash), 5/17/32 (144A) $     9,164
169,173(h) SCC Power Plc, 8.00% (4.00% PIK or 8.00% Cash), 12/31/28 (144A)     67,669
  Total Energy-Alternate Sources     $76,833
  Engineering & Construction — 2.0%  
200,000 Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 3/30/29 (144A) $   183,140
1,425,000 Artera Services LLC, 9.033%, 12/4/25 (144A)  1,157,812
230,000 IHS Holding, Ltd., 6.25%, 11/29/28 (144A)    188,526
EUR360,000 Promontoria Holding 264 BV, 6.375%, 3/1/27 (144A)    311,975
280,000 Promontoria Holding 264 BV, 7.875%, 3/1/27 (144A)    256,022
  Total Engineering & Construction $2,097,475
  Entertainment — 2.2%  
510,000 Caesars Entertainment, Inc., 8.125%, 7/1/27 (144A) $   510,000
305,000 International Game Technology Plc, 6.25%, 1/15/27 (144A)    310,337
900,000 Mohegan Gaming & Entertainment, 8.00%, 2/1/26 (144A)    805,500
295,000 Scientific Games International, Inc., 7.00%, 5/15/28 (144A)    300,077
295,000 Scientific Games International, Inc., 7.25%, 11/15/29 (144A)    300,163
  Total Entertainment $2,226,077
  Environmental Control — 0.4%  
367,000 Tervita Corp., 11.00%, 12/1/25 (144A) $   399,113
  Total Environmental Control    $399,113
9Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Principal
Amount
USD ($)
          Value
  Food — 1.4%  
555,000 Aragvi Finance International DAC, 8.45%, 4/29/26 (144A) $   398,545
1,310,000 Frigorifico Concepcion SA, 7.70%, 7/21/28 (144A)  1,054,550
  Total Food $1,453,095
  Forest Products & Paper — 1.1%  
1,175,000 Sylvamo Corp., 7.00%, 9/1/29 (144A) $ 1,085,482
  Total Forest Products & Paper $1,085,482
  Healthcare-Products — 0.2%  
239,000 Varex Imaging Corp., 7.875%, 10/15/27 (144A) $   238,403
  Total Healthcare-Products    $238,403
  Healthcare-Services — 3.5%  
445,000 Auna SAA, 6.50%, 11/20/25 (144A) $   396,227
550,000 Prime Healthcare Services, Inc., 7.25%, 11/1/25 (144A)    483,703
357,000 RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/1/26 (144A)    335,580
1,066,000 Surgery Center Holdings, Inc., 10.00%, 4/15/27 (144A)  1,084,794
765,000 US Acute Care Solutions LLC, 6.375%, 3/1/26 (144A)    711,450
1,165,000 US Renal Care, Inc., 10.625%, 7/15/27 (144A)    535,900
  Total Healthcare-Services $3,547,654
  Home Builders — 1.3%  
885,000 Beazer Homes USA, Inc., 7.25%, 10/15/29 $   807,023
390,000 Empire Communities Corp., 7.00%, 12/15/25 (144A)    340,275
211,000 KB Home, 6.875%, 6/15/27    218,259
  Total Home Builders $1,365,557
  Home Furnishings — 0.9%  
EUR930,000 International Design Group S.p.A., 6.50%, 11/15/25 (144A) $   869,713
  Total Home Furnishings    $869,713
  Housewares — 0.1%  
120,000 CD&R Smokey Buyer, Inc., 6.75%, 7/15/25 (144A) $   112,608
  Total Housewares    $112,608
  Insurance — 5.5%  
4,600,000 Liberty Mutual Insurance Co., 7.697%, 10/15/97 (144A) $ 5,645,028
  Total Insurance $5,645,028
Pioneer Diversified High Income Fund, Inc. |  | 7/31/2210

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Internet — 0.1%  
95,000 Expedia Group, Inc., 6.25%, 5/1/25 (144A) $    98,539
  Total Internet     $98,539
  Iron & Steel — 2.7%  
845,000 Carpenter Technology Corp., 7.625%, 3/15/30 $   769,381
200,000 Metinvest BV, 7.75%, 4/23/23 (144A)      90,000
1,345,000 Metinvest BV, 7.75%, 10/17/29 (144A)    524,550
375,000 Mineral Resources, Ltd., 8.00%, 11/1/27 (144A)    381,009
395,000 Mineral Resources, Ltd., 8.50%, 5/1/30 (144A)    399,938
870,000 TMS International Corp., 6.25%, 4/15/29 (144A)    579,943
  Total Iron & Steel $2,744,821
  Leisure Time — 1.0%  
100,000 Carnival Corp., 7.625%, 3/1/26 (144A) $    86,025
EUR130,000 Carnival Corp., 7.625%, 3/1/26 (144A)    116,056
135,000 Carnival Corp., 10.50%, 2/1/26 (144A)    141,753
170,000 NCL Finance, Ltd., 6.125%, 3/15/28 (144A)    131,415
125,000 Royal Caribbean Cruises, Ltd., 9.125%, 6/15/23 (144A)    126,889
178,000 Royal Caribbean Cruises, Ltd., 11.50%, 6/1/25 (144A)    190,672
245,000 Viking Cruises, Ltd., 6.25%, 5/15/25 (144A)    219,275
  Total Leisure Time $1,012,085
  Media — 1.5%  
225,000 Audacy Capital Corp., 6.75%, 3/31/29 (144A) $   108,563
1,660,000 McGraw-Hill Education, Inc., 8.00%, 8/1/29 (144A)  1,394,400
25,000 Univision Communications, Inc., 7.375%, 6/30/30 (144A)     25,315
  Total Media $1,528,278
  Metal Fabricate/Hardware — 0.3%  
385,000 Park-Ohio Industries, Inc., 6.625%, 4/15/27 $   307,038
  Total Metal Fabricate/Hardware    $307,038
  Mining — 1.5%  
883,000 Eldorado Gold Corp., 6.25%, 9/1/29 (144A) $   704,334
500,000 First Quantum Minerals, Ltd., 6.875%, 3/1/26 (144A)    482,433
400,000 First Quantum Minerals, Ltd., 6.875%, 10/15/27 (144A)    381,000
  Total Mining $1,567,767
11Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Principal
Amount
USD ($)
          Value
  Oil & Gas — 15.1%  
1,160,000 Aethon United BR LP/Aethon United Finance Corp., 8.25%, 2/15/26 (144A) $ 1,198,918
1,685,000 Baytex Energy Corp., 8.75%, 4/1/27 (144A)  1,716,593
660,000 Cenovus Energy, Inc., 6.75%, 11/15/39    732,450
995,000 Colgate Energy Partners III LLC, 7.75%, 2/15/26 (144A)    976,180
1,510,000 Energean Plc, 6.50%, 4/30/27 (144A)  1,329,114
383,000 International Petroleum Corp., 7.25%, 2/1/27 (144A)    360,020
405,000 Kosmos Energy, Ltd., 7.75%, 5/1/27 (144A)    342,355
1,355,000 MC Brazil Downstream Trading S.a.r.l, 7.25%, 6/30/31 (144A)  1,085,369
605,000 Murphy Oil Corp., 6.375%, 7/15/28    603,893
140,000 Nabors Industries, Inc., 7.375%, 5/15/27 (144A)    138,600
515,000 Nabors Industries, Ltd., 7.50%, 1/15/28 (144A)    447,998
603,000 Neptune Energy Bondco Plc, 6.625%, 5/15/25 (144A)    582,739
955,000 Occidental Petroleum Corp., 4.40%, 4/15/46    811,647
674,000 Petroleos Mexicanos, 6.70%, 2/16/32    539,874
271,000 Precision Drilling Corp., 6.875%, 1/15/29 (144A)    242,730
395,000 Shelf Drilling Holdings, Ltd., 8.25%, 2/15/25 (144A)    308,100
480,000 Shelf Drilling Holdings, Ltd., 8.875%, 11/15/24 (144A)    472,800
900,000 SierraCol Energy Andina LLC, 6.00%, 6/15/28 (144A)    652,500
860,000 Strathcona Resources, Ltd., 6.875%, 8/1/26 (144A)    789,480
785,000 Tullow Oil Plc, 10.25%, 5/15/26 (144A)    734,956
805,000 Vermilion Energy, Inc., 6.875%, 5/1/30 (144A)    776,728
1,195,000 YPF SA, 6.95%, 7/21/27 (144A)    665,284
  Total Oil & Gas $15,508,328
  Oil & Gas Services — 1.2%  
521,000 Archrock Partners LP/Archrock Partners Finance Corp., 6.875%, 4/1/27 (144A) $   486,250
750,000 Exterran Energy Solutions LP/EES Finance Corp., 8.125%, 5/1/25    716,125
  Total Oil & Gas Services $1,202,375
  Pharmaceuticals — 1.4%  
547,000 Bausch Health Cos., Inc., 7.00%, 1/15/28 (144A) $   302,836
234,000 Endo Dac/Endo Finance LLC/Endo Finco, Inc., 9.50%, 7/31/27 (144A)      56,160
Pioneer Diversified High Income Fund, Inc. |  | 7/31/2212

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Pharmaceuticals — (continued)  
465,000 P&L Development LLC/PLD Finance Corp., 7.75%, 11/15/25 (144A) $   311,550
381,000 Par Pharmaceutical, Inc., 7.50%, 4/1/27 (144A)    307,021
493,000 Teva Pharmaceutical Finance Netherlands III BV, 2.80%, 7/21/23    483,140
  Total Pharmaceuticals $1,460,707
  Pipelines — 6.5%  
815,000 Acu Petroleo Luxembourg S.a.r.l., 7.50%, 1/13/32 (144A) $   680,525
230,000 DCP Midstream Operating LP, 5.60%, 4/1/44    199,035
555,000 Delek Logistics Partners LP/Delek Logistics Finance Corp., 6.75%, 5/15/25    528,637
510,000 Delek Logistics Partners LP/Delek Logistics Finance Corp., 7.125%, 6/1/28 (144A)    465,375
450,000(a) Energy Transfer LP, 5.80% (3 Month USD LIBOR + 302 bps), 11/1/66    313,875
915,000(c)(g) Energy Transfer LP, 7.125% (5 Year CMT Index + 531 bps)    823,500
118,000 EnLink Midstream Partners LP, 5.05%, 4/1/45      86,996
145,000 EnLink Midstream Partners LP, 5.45%, 6/1/47    110,502
344,000 EnLink Midstream Partners LP, 5.60%, 4/1/44    267,561
365,000 Genesis Energy LP/Genesis Energy Finance Corp., 8.00%, 1/15/27    357,700
197,000 Global Partners LP/GLP Finance Corp., 7.00%, 8/1/27    180,139
645,000 Golar LNG, Ltd., 7.00%, 10/20/25 (144A)    596,625
845,000 Harvest Midstream I LP, 7.50%, 9/1/28 (144A)    807,245
1,175,000 Williams Cos., Inc., 5.75%, 6/24/44  1,209,383
  Total Pipelines $6,627,098
  REITs — 1.0%  
890,000 Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC, 6.00%, 1/15/30 (144A) $   635,527
386,000 Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC, 7.875%, 2/15/25 (144A)    388,413
10,000 Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 6.50%, 2/15/29 (144A)      7,698
  Total REITs $1,031,638
  Retail — 1.3%  
575,000 AAG FH LP/AAG FH Finco, Inc., 9.75%, 7/15/24 (144A) $   572,125
245,000 At Home Group, Inc., 7.125%, 7/15/29 (144A)    163,172
13Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Principal
Amount
USD ($)
          Value
  Retail — (continued)  
418,000 Party City Holdings, Inc., 8.75%, 2/15/26 (144A) $   253,123
389,000 Staples, Inc., 7.50%, 4/15/26 (144A)    344,265
  Total Retail $1,332,685
  Software — 0.4%  
505,000 Minerva Merger Sub, Inc., 6.50%, 2/15/30 (144A) $   457,025
  Total Software    $457,025
  Telecommunications — 6.1%  
695,000 Altice France Holding SA, 6.00%, 2/15/28 (144A) $   536,491
607,000 Altice France Holding SA, 10.50%, 5/15/27 (144A)    573,251
200,000 Altice France SA, 8.125%, 2/1/27 (144A)    197,494
56,934(h) Digicel International Finance Ltd/Digicel international Holdings, Ltd., 13.00% (7.00% PIK or 6.00% Cash), 12/31/25 (144A)      48,394
750,000 Digicel, Ltd., 6.75%, 3/1/23    482,617
1,345,000 Kenbourne Invest SA, 6.875%, 11/26/24 (144A)  1,259,727
740,000 Maxar Technologies, Inc., 7.75%, 6/15/27 (144A)    757,419
850,000 Sprint Corp., 7.625%, 3/1/26    926,601
850,000 Total Play Telecomunicaciones SA de CV, 6.375%, 9/20/28 (144A)    665,788
875,000 Windstream Escrow LLC/Windstream Escrow Finance Corp., 7.75%, 8/15/28 (144A)    783,475
  Total Telecommunications $6,231,257
  Transportation — 3.2%  
1,245,000 Carriage Purchaser, Inc., 7.875%, 10/15/29 (144A) $   867,321
655,000 Danaos Corp., 8.50%, 3/1/28 (144A)    654,707
400,000 Simpar Europe SA, 5.20%, 1/26/31 (144A)    336,000
575,000 Watco Cos. LLC/Watco Finance Corp., 6.50%, 6/15/27 (144A)    550,379
965,000 Western Global Airlines LLC, 10.375%, 8/15/25 (144A)    902,024
  Total Transportation $3,310,431
  Trucking & Leasing — 0.3%  
325,000 Fortress Transportation and Infrastructure Investors LLC, 9.75%, 8/1/27 (144A) $   328,123
  Total Trucking & Leasing    $328,123
  Total Corporate Bonds
(Cost $107,465,464)
$95,607,759
Pioneer Diversified High Income Fund, Inc. |  | 7/31/2214

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Shares           Value
  Preferred Stock — 0.6% of Net Assets  
  Diversified Financial Services — 0.5%  
500(c)(g) Compeer Financial ACA, 6.75% (3 Month USD LIBOR + 458 bps) (144A) $   510,000
  Total Diversified Financial Services    $510,000
  Internet — 0.1%  
50,188 MYT Holding LLC, 10.00%, 6/6/29 $    55,709
  Total Internet     $55,709
  Total Preferred Stock
(Cost $591,625)
   $565,709
  Right/Warrant — 0.0% of Net Assets  
  Aerospace & Defense — 0.0%  
6,475(b) Avation Plc, 1/1/59 $        —
  Total Aerospace & Defense         $
  Total Right/Warrant
(Cost $—)
        $
Principal
Amount
USD ($)
           
  Insurance-Linked Securities — 21.1% of
Net Assets#
 
  Event Linked Bonds — 6.9%  
  Inland Flood – U.S. — 0.5%  
250,000(a) FloodSmart Re, 13.721%, (3 Month U.S. Treasury Bill + 1,125 bps), 2/25/25 (144A) $   239,800
250,000(a) FloodSmart Re, 15.897%, (3 Month U.S. Treasury Bill + 1,358 bps), 3/1/24 (144A)    226,650
               $466,450
  Multiperil – U.S. — 1.9%  
400,000(a) Caelus Re V, 2.571%, (1 Month U.S. Treasury Bill + 10 bps), 6/5/24 (144A) $    20,000
375,000(a) Caelus Re V, 2.571%, (1 Month U.S. Treasury Bill + 10 bps), 6/5/24 (144A)          33
250,000(a) Caelus Re V, 2.571%, (3 Month U.S. Treasury Bill + 10 bps), 6/9/25 (144A)          25
250,000(a) Four Lakes Re, 9.617%, (3 Month U.S. Treasury Bill + 700 bps), 1/5/24 (144A)    246,675
250,000(a) Four Lakes Re, 12.477%, (3 Month U.S. Treasury Bill + 1,106 bps), 1/5/24 (144A)    246,650
500,000(a) Matterhorn Re, 9.757%, (SOFR + 775 bps), 3/24/25 (144A)    482,700
15Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Principal
Amount
USD ($)
          Value
  Multiperil – U.S. — (continued)  
250,000(a) Residential Reinsurance 2018 Re, 14.281%, (3 Month U.S. Treasury Bill + 1,181 bps), 12/6/22 (144A) $   240,350
250,000(a) Residential Reinsurance 2019 Re, 14.861%, (3 Month U.S. Treasury Bill + 1,239 bps), 12/6/23 (144A)    237,800
500,000(a) Residential Reinsurance 2021 Re, 14.227%, (3 Month U.S. Treasury Bill + 1,175 bps), 12/6/25 (144A)    480,750
             $1,954,983
  Multiperil – U.S. & Canada — 3.1%  
250,000(a) Hypatia, Ltd., 9.796%, (3 Month U.S. Treasury Bill + 728 bps), 6/7/23 (144A) $   247,550
750,000(a) Hypatia, Ltd., 12.746%, (3 Month U.S. Treasury Bill + 1,038 bps), 6/7/23 (144A)    741,450
250,000(a) Kilimanjaro III Re, 13.567%, (3 Month U.S. Treasury Bill + 1,125 bps), 4/21/25 (144A)    238,500
250,000(a) Kilimanjaro III Re, 13.567%, (3 Month U.S. Treasury Bill + 1,125 bps), 4/20/26 (144A)    239,350
250,000(a) Matterhorn Re, 7.517%, (SOFR + 575 bps), 12/8/25 (144A)    239,625
750,000(a) Mona Lisa Re, 10.471%, (3 Month U.S. Treasury Bill + 800 bps), 1/9/23 (144A)    733,275
250,000(a) Mystic Re IV, 8.127%, (3 Month U.S. Treasury Bill + 581 bps), 1/8/25 (144A)    239,750
500,000(a) Mystic Re IV, 11.69%, (3 Month U.S. Treasury Bill + 1,169 bps), 1/8/25 (144A)    474,800
             $3,154,300
  Pandemic – U.S — 0.2%  
250,000(a) Vitality Re XI, 4.117%, (3 Month U.S. Treasury Bill + 180 bps), 1/9/24 (144A) $   243,925
  Windstorm – Florida — 0.2%  
250,000(a) Integrity Re, 9.471%, (3 Month U.S. Treasury Bill + 700 bps), 6/6/25 (144A) $   245,900
  Windstorm - Jamaica — 0.2%  
250,000(a) International Bank for Reconstruction & Development, 6.596%, (SOFRINDX + 445 bps), 12/29/23 (144A) $   244,350
  Windstorm - North Carolina — 0.5%  
250,000(a) Cape Lookout Re, 5.537%, (1 Month U.S. Treasury Bill + 325 bps), 3/22/24 (144A) $   245,750
250,000(a) Cape Lookout Re, 7.471%, (3 Month U.S. Treasury Bill + 500 bps), 3/28/25 (144A)    247,400
               $493,150
Pioneer Diversified High Income Fund, Inc. |  | 7/31/2216

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Windstorm - Texas — 0.3%  
250,000(a) Alamo Re II, 7.991%, (1 Month U.S. Treasury Bill + 552 bps), 6/8/23 (144A) $   246,125
  Total Event Linked Bonds  $7,049,183
Face
Amount
USD ($)
           
  Collateralized Reinsurance — 3.9%  
  Multiperil – Massachusetts — 0.2%  
250,000(j)+ Portsalon Re 2022, 5/31/28 $   209,912
  Multiperil – U.S. — 0.9%  
250,000(b)(j)+ Ballybunion Re 2020, 2/28/23 $    28,244
500,000(b)(j)+ Ballybunion Re 2021-2, 6/30/25    525,000
100,000(b)(j)+ Ballybunion Re 2021-3, 7/31/25    102,370
264,839(j)+ Ballybunion Re 2022, 12/31/27    267,487
               $923,101
  Multiperil – Worldwide — 1.6%  
250,000(b)(j)+ Amaranth Re 2022, 12/31/27 $   237,783
250,000(j)+ Aureolin Re 2022, 3/31/28    232,925
650,000(b)(j)+ Cypress Re 2017, 1/31/23          65
462,683(b)(j)+ Dartmouth Re 2018, 1/31/23      82,739
100,000(b)(j)+ Dartmouth Re 2021, 12/31/24      56,920
250,000(j)+ Gamboge Re 2022, 3/31/28    233,142
27,000(b)(j)+ Limestone Re, 3/1/23 (144A)          —
250,000(b)(j)+ Merion Re 2022-1, 12/31/27    231,010
250,000(b)(j)+ Old Head Re 2022, 12/31/27    223,818
333,342(b)(j)+ Oyster Bay Re 2018, 1/31/23      41,039
700,000(b)(j)+ Resilience Re, 5/1/23          —
250,000(b)(j)+ Walton Health Re 2019, 6/30/23    137,597
250,000(j)+ Walton Health Re 2022, 12/15/27    215,123
             $1,692,161
  Windstorm – Florida — 0.5%  
750,000(b)(j)+ Portrush Re 2017, 6/15/23 $   478,575
  Windstorm – U.S. Multistate — 0.0%  
250,000(b)(j)+ White Heron Re 2021, 6/30/25 $     5,350
17Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Face
Amount
USD ($)
          Value
  Windstorm – U.S. Regional — 0.7%  
1,015,734(b)(j)+ Oakmont Re 2020, 4/30/24 $    37,915
750,000(j)+ Oakmont Re 2022, 4/1/28    709,986
               $747,901
  Total Collateralized Reinsurance $4,057,000
  Reinsurance Sidecars — 9.4%  
  Multiperil – U.S. — 0.3%  
250,000(b)(j)+ Carnoustie Re 2020, 12/31/23 $    33,900
231,715(b)(j)+ Carnoustie Re 2021, 12/31/24      10,983
223,952(b)(j)+ Carnoustie Re 2022, 12/31/27    235,084
1,000,000(b)(k)+ Harambee Re 2018, 12/31/22          —
1,000,000(k)+ Harambee Re 2019, 12/31/22         500
500,000(b)(k)+ Harambee Re 2020, 12/31/23      8,950
               $289,417
  Multiperil – U.S. Regional — 0.0%  
250,000(b)(j)+^ Brotherhood Re, 1/31/23 $        —
  Multiperil – Worldwide — 9.1%  
3,037(k)+ Alturas Re 2019-2, 3/10/23 $     1,030
24,550(k)+ Alturas Re 2019-3, 9/12/23         679
60,078(k)+ Alturas Re 2020-2, 3/10/23      16,969
225,450(b)(k)+ Alturas Re 2020-3, 9/30/24          —
439,922(b)(k)+ Alturas Re 2021-2, 12/31/24          —
213,682(b)(k)+ Alturas Re 2021-3, 7/31/25    197,015
416,933(b)(k)+ Alturas Re 2022-2, 12/31/27    427,315
492,000(b)(j)+ Bantry Re 2019, 12/31/22      16,710
470,033(b)(j)+ Bantry Re 2020, 12/31/23      30,589
500,000(b)(j)+ Bantry Re 2021, 12/31/24      64,975
417,157(j)+ Bantry Re 2022, 12/31/27    433,834
1,579,039(b)(j)+ Berwick Re 2018-1, 12/31/22    122,060
1,128,124(b)(j)+ Berwick Re 2019-1, 12/31/22    134,811
993,323(j)+ Berwick Re 2020-1, 12/31/23          99
750,000(b)(j)+ Berwick Re 2022, 12/31/27    775,751
7,125(j)+ Eden Re II, 3/22/23 (144A)      18,117
70,000(b)(j)+ Eden Re II, 3/22/24 (144A)      38,080
180,000(b)(j)+ Eden Re II, 3/21/25 (144A)    149,400
400,000(b)(j)+ Eden Re II, 3/20/26 (144A)    400,000
250,000(b)(j)+ Gleneagles Re 2018, 12/31/22      29,575
243,580(b)(j)+ Gleneagles Re 2020, 12/31/23      24,344
250,000(b)(j)+ Gleneagles Re 2021, 12/31/24      55,571
250,000(b)(j)+ Gleneagles Re 2022, 12/31/27    256,853
1,059,157(b)(j)+ Gullane Re 2018, 12/31/22      65,567
Pioneer Diversified High Income Fund, Inc. |  | 7/31/2218

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Face
Amount
USD ($)
          Value
  Multiperil – Worldwide — (continued)  
793,800(j)+ Gullane Re 2022, 12/31/27 $   861,476
250,000(k)+ Lion Rock Re 2020, 1/31/23          —
250,000(b)(k)+ Lion Rock Re 2021, 12/31/24    107,125
498,977(b)(k)+ Lorenz Re 2019, 6/30/23      57,881
63,338(b)(k)+ Lorenz Re 2020, 6/30/23       4,339
336,662(b)(k)+ Lorenz Re 2020, 6/30/23      23,095
500,000(b)(j)+ Merion Re 2018-2, 12/31/22      82,750
500,000(b)(j)+ Merion Re 2021-2, 12/31/24    108,550
363,953(j)+ Merion Re 2022-2, 12/31/27    368,850
1,000,000(b)(j)+ Pangaea Re 2018-1, 12/31/22      21,054
1,000,000(b)(j)+ Pangaea Re 2018-3, 7/1/23      20,743
819,247(b)(j)+ Pangaea Re 2019-1, 2/1/23      17,071
735,313(b)(j)+ Pangaea Re 2019-3, 7/1/23      26,450
810,646(j)+ Pangaea Re 2020-1, 2/1/24      17,203
620,500(b)(j)+ Pangaea Re 2020-3, 7/1/24       8,735
790,000(b)(j)+ Pangaea Re 2021-1, 12/31/24      22,792
746,905(b)(j)+ Pangaea Re 2022-1, 12/31/27    792,840
250,000(j)+ Pangaea Re 2022-3, 5/31/28    254,632
250,000(b)(j)+ Phoenix One Re, 1/4/27 (144A)    274,675
200,000(b)(j)+ Sector Re V, 3/1/24 (144A)    150,180
25,000(b)(j)+ Sector Re V, 12/1/24 (144A)      71,213
499(b)(j)+ Sector Re V, 12/1/25 (144A)      25,092
750,000(a)(j)+ Sector Re V, 2.471%, (3 Month U.S. Treasury Bill + 0 bps), 12/1/26 (144A)    776,136
225,000(a)(j)+ Sector Re V, 2.471%, (3 Month U.S. Treasury Bill + 0 bps), 12/1/26 (144A)    232,841
515,671(j)+ Sussex Re 2020-1, 12/31/22       3,816
250,000(b)(j)+ Sussex Re 2021-1, 12/31/24      24,675
500,000(b)(j)+ Sussex Re 2022, 12/31/27    530,000
313,499(b)(k)+ Thopas Re 2019, 12/31/22         502
300,000(b)(k)+ Thopas Re 2020, 12/31/23          —
250,000(b)(k)+ Thopas Re 2021, 12/31/24          —
250,000(k)+ Thopas Re 2022, 12/31/27    261,725
375,860(b)(k)+ Torricelli Re 2021, 7/31/25    383,340
158,212(k)+ Torricelli Re 2022, 6/30/28    158,212
500,000(b)(j)+ Versutus Re 2018, 12/31/22         550
441,274(b)(j)+ Versutus Re 2019-A, 12/31/22       1,897
58,727(b)(j)+ Versutus Re 2019-B, 12/31/22         176
500,000(b)(k)+ Viribus Re 2018, 12/31/22          —
212,306(b)(k)+ Viribus Re 2019, 12/31/22       1,911
240,783(b)(k)+ Viribus Re 2020, 12/31/23      10,594
221,888(k)+ Viribus Re 2022, 12/31/27    254,395
19Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Face
Amount
USD ($)
          Value  
  Multiperil – Worldwide — (continued)    
507,289(b)(j)+ Woburn Re 2018, 12/31/22 $    26,675  
499,829(b)(j)+ Woburn Re 2019, 12/31/22    106,587  
             $9,350,122  
  Total Reinsurance Sidecars $9,639,539  
  Industry Loss Warranties — 0.9%    
  Windstorm – U.S — 0.2%    
250,000(j)+ Ballylifin Re 2022, 5/31/28 $   211,888  
  Windstorm – U.S. Regional — 0.7%    
250,000(j)+ Streamsong Re 2022, 12/15/27 $   234,347  
500,000(j)+ Flavescent Re 2022, 11/30/27    451,250  
               $685,597  
  Total Industry Loss Warranties    $897,485  
  Total Insurance-Linked Securities
(Cost $23,181,106)
$21,643,207  
Principal
Amount
USD ($)
           
  Foreign Government Bonds — 2.9% of
Net Assets
 
  Angola — 0.4%  
448,000 Angolan Government International Bond, 8.250%, 5/9/28 (144A) $   375,254
  Total Angola    $375,254
  Gabon — 0.3%  
475,000 Gabon Government International Bond, 7.000%, 11/24/31 (144A) $   337,203
  Total Gabon    $337,203
  Ghana — 0.3%  
320,000 Ghana Government International Bond, 7.875%, 2/11/35 (144A) $   139,731
500,000 Ghana Government International Bond, 8.627%, 6/16/49    217,500
  Total Ghana    $357,231
  Mexico — 0.9%  
MXN18,385,500 Mexican Bonos, 8.000%, 12/7/23 $   884,773
  Total Mexico    $884,773
Pioneer Diversified High Income Fund, Inc. |  | 7/31/2220

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Nigeria — 0.8%  
675,000 Nigeria Government International Bond, 7.375%, 9/28/33 (144A) $   447,201
530,000 Nigeria Government International Bond, 8.375%, 3/24/29 (144A)    410,209
  Total Nigeria    $857,410
  Ukraine — 0.2%  
750,000 Ukraine Government International Bond, 8.994%, 2/1/24 (144A) $   161,250
  Total Ukraine    $161,250
  Total Foreign Government Bonds
(Cost $4,670,524)
$2,973,121
Shares            
  SHORT TERM INVESTMENTS — 0.5% of Net
Assets
 
  Open-End Fund — 0.5%  
508,756(l) Dreyfus Government Cash Management,
  Institutional Shares, 1.83%
$   508,756
               $508,756
  TOTAL SHORT TERM INVESTMENTS
(Cost $508,756)
   $508,756
Number of
Contracts
Description Counterparty Amount Strike
Price
Expiration
Date
 
  Over The Counter (OTC) Call Option Purchased — 0.0%  
18,332(m)^ Desarrolladora Homex SAB de CV Bank of New York Mellon Corp. MXN — MXN 0.01(n) 10/23/22 $—
18,332(o)^ Desarrolladora Homex SAB de CV Bank of New York Mellon Corp. MXN — MXN 0.01(n) 10/23/22
  Total Over The Counter (OTC) Call Option Purchased
(Premiums paid $ 0)
$
21Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Number of
Contracts
Description Counterparty Amount Strike
Price
Expiration
Date
Value
  Over The Counter (OTC) Currency Put Option Purchased — 0.2%  
1,700,000 Put EUR Call USD Bank of America NA EUR 26,125 EUR 1.15 10/19/22 $198,388
1,450,000 Put EUR Call USD JPMorgan Chase Bank NA EUR 24,280 EUR 0.99 1/23/23 21,050
  Total Over The Counter (OTC) Currency Put Option Purchased
(Premiums paid $ 50,405)
$219,438
  TOTAL OPTIONS PURCHASED
(Premiums paid $ 50,405)
$219,438
  TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 141.5%
(Cost $162,133,562)
$145,103,401
  Over The Counter (OTC) Currency Call Option Written — (0.0%)  
1,700,000 Call EUR Put USD Bank of America NA EUR 26,125 EUR 1.20 10/19/22 $(10)
1,450,000 Call EUR Put USD JPMorgan Chase Bank NA EUR 24,280 EUR 1.07 1/23/23 (23,297)
  Total Over The Counter (OTC) Currency Call Option Written
(Premiums received $(50,405))
$(23,307)
  OTHER ASSETS AND LIABILITIES — (41.5)% $(42,545,673)
  net assets — 100.0% $102,534,421
             
bps Basis Points.
CMT Constant Maturity Treasury Index.
FREMF Freddie Mac Multifamily Fixed-Rate Mortgage Loans.
FRESB Freddie Mac Multifamily Small Balance Certificates.
LIBOR London Interbank Offered Rate.
REIT Real Estate Investment Trust.
SOFR Secured Overnight Financing Rate.
SOFR30A Secured Overnight Financing Rate 30 Day Average.
(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 July 31, 2022, the value of these securities amounted to $110,150,685, or 107.4% of net assets.
(a) Floating rate note. Coupon rate, reference index and spread shown at July 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 July 31, 2022.
(d) Security issued with a zero coupon. Income is recognized through accretion of discount.
Pioneer Diversified High Income Fund, Inc. |  | 7/31/2222

Schedule of Investments  |  7/31/22
(unaudited) (continued)
(e) Security represents the interest-only portion payments on a pool of underlying mortgages or mortgage-backed securities.
(f) Security is priced as a unit.
(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) Security is in default.
(j) Issued as participation notes.
(k) Issued as preference shares.
(l) Rate periodically changes. Rate disclosed is the 7-day yield at July 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 July 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
Alamo Re II 5/29/2020 $250,000 $246,125
Alturas Re 2019-2 12/19/2018 3,037 1,030
Alturas Re 2019-3 6/26/2019 24,550 679
Alturas Re 2020-2 1/1/2020 60,078 16,969
Alturas Re 2020-3 8/3/2020
Alturas Re 2021-2 2/16/2021 22,989
Alturas Re 2021-3 8/16/2021 213,682 197,015
Alturas Re 2022-2 1/18/2022 416,933 427,315
Amaranth Re 2022 1/21/2022 221,062 237,783
Aureolin Re 2022 5/5/2022 224,500 232,925
Ballybunion Re 2020 12/31/2019 17,156 28,244
Ballybunion Re 2021-2 8/2/2021 500,000 525,000
Ballybunion Re 2021-3 8/2/2021 100,000 102,370
Ballybunion Re 2022 3/9/2022 264,839 267,487
Ballylifin Re 2022 7/15/2022 203,625 211,888
23Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Restricted Securities Acquisition date Cost Value
Bantry Re 2019 2/1/2019 $$16,710
Bantry Re 2020 2/4/2020 30,589
Bantry Re 2021 1/11/2021 72,117 64,975
Bantry Re 2022 2/2/2022 417,157 433,834
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 750,000 775,751
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 250,000 245,750
Cape Lookout Re 3/16/2022 250,000 247,400
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 223,952 235,084
Cypress Re 2017 1/24/2017 2,185 65
Dartmouth Re 2018 1/18/2018 173,152 82,739
Dartmouth Re 2021 1/19/2021 37,395 56,920
Eden Re II 1/22/2019 836 18,117
Eden Re II 12/23/2019 66,962 38,080
Eden Re II 1/25/2021 180,000 149,400
Eden Re II 1/21/2022 400,000 400,000
Flavescent Re 2022 7/26/2022 451,250 451,250
FloodSmart Re 2/8/2022 247,419 226,650
FloodSmart Re 2/14/2022 250,000 239,800
Four Lakes Re 11/5/2020 250,000 246,675
Four Lakes Re 11/5/2020 250,000 246,650
Gamboge Re 2022 4/11/2022 224,823 233,142
Gleneagles Re 2018 1/11/2018 20,068 29,575
Gleneagles Re 2020 6/24/2020 1,917 24,344
Gleneagles Re 2021 1/13/2021 60,146 55,571
Gleneagles Re 2022 1/18/2022 250,000 256,853
Gullane Re 2018 3/26/2018 65,567
Gullane Re 2022 2/17/2022 793,800 861,476
Harambee Re 2018 12/19/2017 21,232
Harambee Re 2019 12/20/2018 500
Harambee Re 2020 2/27/2020 8,950
Hypatia, Ltd. 4/9/2021 254,915 247,550
Hypatia, Ltd. 7/10/2020 763,519 741,450
Integrity Re 5/9/2022 250,000 245,900
International Bank for Reconstruction & Development 7/19/2021 250,000 244,350
Pioneer Diversified High Income Fund, Inc. |  | 7/31/2224

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Restricted Securities Acquisition date Cost Value
Kilimanjaro III Re 4/8/2021 $250,000 $238,500
Kilimanjaro III Re 4/8/2021 250,000 239,350
Limestone Re 6/20/2018 230
Lion Rock Re 2020 12/30/2019
Lion Rock Re 2021 3/1/2021 161,914 107,125
Lorenz Re 2019 6/26/2019 156,459 57,881
Lorenz Re 2020 8/11/2020 3,822 4,339
Lorenz Re 2020 8/12/2020 20,317 23,095
Matterhorn Re 12/15/2021 250,000 239,625
Matterhorn Re 3/10/2022 500,000 482,700
Merion Re 2018-2 12/28/2017 20,576 82,750
Merion Re 2021-2 12/28/2020 136,047 108,550
Merion Re 2022-1 1/25/2022 214,942 231,010
Merion Re 2022-2 3/1/2022 363,953 368,850
Mona Lisa Re 12/30/2019 751,000 733,275
Mystic Re IV 10/26/2021 248,729 239,750
Mystic Re IV 6/9/2021 500,000 474,800
Oakmont Re 2020 12/3/2020 9,584 37,915
Oakmont Re 2022 5/9/2022 679,940 709,986
Old Head Re 2022 1/6/2022 188,288 223,818
Oyster Bay Re 2018 1/17/2018 36,022 41,039
Pangaea Re 2018-1 1/11/2018 143,008 21,054
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 8,735
Pangaea Re 2021-1 1/28/2021 43,095 22,792
Pangaea Re 2022-1 1/11/2022 746,905 792,840
Pangaea Re 2022-3 6/15/2022 250,000 254,632
Phoenix One Re 12/21/2020 250,000 274,675
Portrush Re 2017 6/12/2017 575,239 478,575
Portsalon Re 2022 7/15/2022 202,159 209,912
Residential Reinsurance 2018 Re 11/15/2018 250,000 240,350
Residential Reinsurance 2019 Re 11/5/2019 250,000 237,800
Residential Reinsurance 2021 Re 10/28/2021 500,000 480,750
Resilience Re 2/8/2017 338
Sector Re V 4/23/2019 200,000 150,180
Sector Re V 12/4/2019 25,000 71,213
Sector Re V 12/21/2020 499 25,092
Sector Re V 12/6/2021 750,000 776,136
Sector Re V 1/5/2022 225,000 232,841
Streamsong Re 2022 6/9/2022 230,937 234,347
Sussex Re 2020-1 1/21/2020 3,816
25Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

Restricted Securities Acquisition date Cost Value
Sussex Re 2021-1 1/26/2021 $25,674 $24,675
Sussex Re 2022 1/5/2022 500,000 530,000
Thopas Re 2019 2/13/2019 502
Thopas Re 2020 12/30/2019
Thopas Re 2021 1/22/2021
Thopas Re 2022 2/15/2022 250,000 261,725
Torricelli Re 2021 7/2/2021 375,860 383,340
Torricelli Re 2022 7/26/2022 158,212 158,212
Versutus Re 2018 12/20/2017 550
Versutus Re 2019-A 1/28/2019 1,897
Versutus Re 2019-B 12/24/2018 176
Viribus Re 2018 12/22/2017 35,793
Viribus Re 2019 3/25/2019 1,911
Viribus Re 2020 3/12/2020 24,541 10,594
Viribus Re 2022 4/18/2022 221,888 254,395
Vitality Re XI 1/23/2020 250,000 243,925
Walton Health Re 2019 7/18/2019 81,749 137,597
Walton Health Re 2022 7/13/2022 208,375 215,123
White Heron Re 2021 6/9/2021 5,350
Woburn Re 2018 3/20/2018 168,958 26,675
Woburn Re 2019 1/30/2019 89,307 106,587
Total Restricted Securities     $21,643,207
% of Net assets     21.1%
FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS
Currency
Purchased
In
Exchange for
Currency
Sold
Deliver Counterparty Settlement
Date
Unrealized
Appreciation
(Depreciation)
EUR 3,445,000 USD 3,662,896 Brown Brothers Harriman & Co. 9/23/22 $(128,110)
USD 635,134 EUR 589,000 Goldman Sachs & Co. 8/26/22 31,986
USD 865,458 GBP 706,000 Goldman Sachs & Co. 9/23/22 4,589
USD 1,377,594 EUR 1,335,000 State Street Bank & Trust Co. 10/27/22 4,168
TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS $(87,367)
Principal amounts are denominated in U.S. dollars (“USD”) unless otherwise noted.
EUR — Euro
GBP — Great British Pound
IDR — Indonesian Rupiah
MXN — Mexican Peso
USD — United States Dollar
Pioneer Diversified High Income Fund, Inc. |  | 7/31/2226

Schedule of Investments  |  7/31/22
(unaudited) (continued)
Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels below.
Level 1 unadjusted quoted prices in active markets for identical securities.
Level 2 other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.).
Level 3 significant unobservable inputs (including the Fund's own assumptions in determining fair value of investments).
The following is a summary of the inputs used as of July 31, 2022, in valuing the Fund's investments:
  Level 1 Level 2 Level 3 Total
Senior Secured Floating Rate Loan Interests $$3,413,401 $$3,413,401
Common Stocks        
Oil, Gas & Consumable Fuels 85,390 93,000 178,390
Specialty Retail 51,768 51,768
All Other Common Stocks 234,855 234,855
Asset Backed Securities 3,398,192 3,398,192
Collateralized Mortgage Obligations 2,437,148 2,437,148
Commercial Mortgage-Backed Securities 11,477,087 11,477,087
Convertible Corporate Bonds 2,394,570 2,394,570
Corporate Bonds 95,607,759 95,607,759
Preferred Stock 565,709 565,709
Right/Warrant
Insurance-Linked Securities        
Collateralized Reinsurance        
Multiperil – Massachusetts 209,912 209,912
Multiperil – U.S. 923,101 923,101
Multiperil – Worldwide 1,692,161 1,692,161
Windstorm – Florida 478,575 478,575
Windstorm – U.S. Multistate 5,350 5,350
Windstorm – U.S. Regional 747,901 747,901
Reinsurance Sidecars        
Multiperil – U.S. 289,417 289,417
Multiperil – U.S. Regional
Multiperil – Worldwide 9,350,122 9,350,122
Industry Loss Warranties        
Windstorm – U.S 211,888 211,888
Windstorm – U.S. Regional 685,597 685,597
All Other Insurance-Linked Securities 7,049,183 7,049,183
Foreign Government Bonds 2,973,121 2,973,121
Open-End Fund 508,756 508,756
27Pioneer Diversified High Income Fund, Inc. |  | 7/31/22

  Level 1 Level 2 Level 3 Total
Over The Counter (OTC) Call Option Purchased $$—* $$—*
Over The Counter (OTC) Currency Put Option Purchased 219,438 219,438
Total Investments in Securities $1,394,710 $129,062,899 $14,645,792 $145,103,401
Other Financial Instruments        
Credit Agreement(a) $$(46,575,000) $$(46,575,000)
Over The Counter (OTC) Currency Call Option Written (23,307) (23,307)
Net unrealized depreciation on forward foreign currency exchange contracts (87,367) (87,367)
Total Other Financial Instruments $$(46,685,674) $$(46,685,674)
(a) The Fund may hold liabilities in which the fair value approximates the carrying amount for financial statement purposes.
* 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 4/30/22 $64,395 $13,798,572 $13,862,967
Realized gain (loss)
Changed in unrealized appreciation (depreciation) (12,627) 209,108 196,481
Accrued discounts/premiums (961,337) (961,337)
Purchases 2,608,994 2,608,994
Sales (1,061,280) (1,061,280)
Transfers in to Level 3*
Transfers out of Level 3* (33) (33)
Balance as of 7/31/22 $51,768 $14,594,024 $14,645,792
* Transfers are calculated on the beginning of period values. During the three months ended July 31, 2022 investments having aggregate value of $33 were transferred out of Level 3 to Level 2, as there were significant observable inputs available to determine their value. There were no other transfers into or out of Level 3 during the period.
Net change in unrealized appreciation (depreciation) of Level 3 investments still held and considered Level 3 at July 31, 2022: $258,421
Pioneer Diversified High Income Fund, Inc. |  | 7/31/2228