0001752724-24-061624.txt : 20240321 0001752724-24-061624.hdr.sgml : 20240321 20240321121700 ACCESSION NUMBER: 0001752724-24-061624 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240131 FILED AS OF DATE: 20240321 DATE AS OF CHANGE: 20240321 PERIOD START: 20240430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Pioneer Diversified High Income Fund, Inc. CENTRAL INDEX KEY: 0001388126 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-22014 FILM NUMBER: 24770255 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 1 primary_doc.xml NPORT-P false 0001388126 XXXXXXXX Pioneer Diversified High Income Fund, Inc. 811-22014 0001388126 5493001J3JB8KDPLS536 60 State Street Boston 02109 617-422-4947 Pioneer Diversified High Income Fund, Inc. 5493001J3JB8KDPLS536 2024-04-30 2024-01-31 N 149203661.09 45692201.53 103511459.56 0.00000000 0.00000000 43325000.00000000 0.00000000 0.00000000 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Anthony J. Koenig, Jr Anthony J. Koenig, Jr Managing Director, Chief Operations Officer & Treasurer of the Funds XXXX NPORT-EX 2 AAPI060AMU013124.htm
Pioneer Diversified High Income Fund, Inc.
Schedule of Investments  |  January 31, 2024 
 
Ticker Symbol: HNW

Schedule of Investments  |  1/31/24
(unaudited) 
Principal
Amount
USD ($)
          Value
  UNAFFILIATED ISSUERS — 139.4%  
  Senior Secured Floating Rate Loan
Interests — 3.7% of Net Assets*(a)
 
  Auto Parts & Equipment — 0.9%  
194,020 First Brands Group LLC, 2022-II First Lien Incremental Term Loan, 10.574% (Term SOFR + 500 bps), 3/30/27 $    194,262
696,419 First Brands Group LLC, First Lien 2021 Term Loan, 10.574% (Term SOFR + 500 bps), 3/30/27     696,710
  Total Auto Parts & Equipment     $890,972
  Chemicals-Diversified — 0.4%  
398,686 LSF11 A5 Holdco LLC, Fourth Amendment Incremental Term Loan, 9.683% (Term SOFR + 425 bps), 10/15/28 $    398,686
  Total Chemicals-Diversified     $398,686
  Commercial Services — 0.4%  
385,000(b) DS Parent, Inc., Term Loan B, 12/13/30 $    375,375
  Total Commercial Services     $375,375
  Dialysis Centers — 0.3%  
407,015 U.S. Renal Care, Inc., Closing Date Term Loan, 10.447% (Term SOFR + 500 bps), 6/20/28 $    330,700
  Total Dialysis Centers     $330,700
  Distribution & Wholesale — 0.3%  
311,719 Windsor Holdings III LLC, Dollar Term B Loan, 9.848% ( Term SOFR + 450 bps ), 8/1/30 $    312,476
  Total Distribution & Wholesale     $312,476
  Electric-Generation — 0.3%  
303,297 Generation Bridge Northeast LLC, Term Loan B, 9.583% (Term SOFR + 425 bps), 8/22/29 $    305,098
  Total Electric-Generation     $305,098
  Electronic Composition — 0.1%  
121,639 Natel Engineering Co., Inc., Initial Term Loan, 11.697% (Term SOFR + 625 bps), 4/30/26 $    107,955
  Total Electronic Composition     $107,955
  Medical-Drugs — 0.4%  
405,000 Financiere Mendel, Facility B, 9.616% (Term SOFR + 425 bps), 11/12/30 $    407,531
  Total Medical-Drugs     $407,531
1Pioneer Diversified High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  Physical Practice Management — 0.2%  
317,588 Team Health Holdings, Inc., Extended Term Loan, 10.583% (Term SOFR + 525 bps), 3/2/27 $    264,690
  Total Physical Practice Management     $264,690
  Pipelines — 0.1%  
149,621 M6 ETX Holdings II MidCo LLC, Initial Term Loan, 9.936% (Term SOFR + 450 bps), 9/19/29 $    149,972
  Total Pipelines     $149,972
  Recreational Centers — 0.2%  
191,703 Fitness International LLC, Term B Loan, 10.75% (Term SOFR + 325 bps), 4/18/25 $    192,082
  Total Recreational Centers     $192,082
  Schools — 0.1%  
99,499 Fugue Finance LLC (Bach Finance), Existing Term Loan, 9.388% (Term SOFR + 400 bps), 1/31/28 $     99,893
  Total Schools      $99,893
  Total Senior Secured Floating Rate Loan Interests
(Cost $3,905,208)
  $3,835,430
Shares            
  Common Stocks — 0.3% of Net Assets  
  Household Durables — 0.0%  
89,094(c) Desarrolladora Homex SAB de CV $         67
  Total Household Durables          $67
  Oil, Gas & Consumable Fuels — 0.0%  
6(c) Amplify Energy Corp. $         37
2,189(c) Petroquest Energy, Inc.         110
  Total Oil, Gas & Consumable Fuels         $147
  Passenger Airlines — 0.3%  
24,166(c)+ Grupo Aeromexico SAB de CV $    322,057
  Total Passenger Airlines     $322,057
  Total Common Stocks
(Cost $578,704)
    $322,271
Pioneer Diversified High Income Fund, Inc. | 1/31/242

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Asset Backed Securities — 4.4% of Net
Assets
 
500,000 ACC Auto Trust, Series 2022-A, Class D, 10.07%, 3/15/29 (144A) $    480,474
500,000(a) Goldentree Loan Management US CLO 2, Ltd., Series 2017-2A, Class E, 10.279% (3 Month Term SOFR + 496 bps), 11/28/30 (144A)      495,894
1,000,000 JPMorgan Chase Bank NA - CACLN, Series 2021-3, Class G, 9.812%, 2/26/29 (144A)      988,454
1,000,000(a) MCF CLO VII LLC, Series 2017-3A, Class ER, 14.729% (3 Month Term SOFR + 941 bps), 7/20/33 (144A)      984,921
500,000(d)+ RMF Buyout Issuance Trust, Series 2022-HB1, Class M5, 4.50%, 4/25/32 (144A)      100,000
650,000 Santander Bank Auto Credit-Linked Notes, Series 2022-A, Class E, 12.662%, 5/15/32 (144A)      654,663
850,000 Santander Bank Auto Credit-Linked Notes, Series 2023-B, Class F, 12.24%, 12/15/33 (144A)     854,979
  Total Asset Backed Securities
(Cost $4,892,052)
  $4,559,385
  Collateralized Mortgage
Obligations—2.8% of Net Assets
 
330,000(a) Connecticut Avenue Securities Trust, Series 2021-R01, Class 1B2, 11.345% (SOFR30A + 600 bps), 10/25/41 (144A) $    343,600
10,951(a) DSLA Mortgage Loan Trust, Series 2005-AR6, Class 2A1C, 6.289% (1 Month Term SOFR + 95 bps), 10/19/45       10,808
100,000(a) Fannie Mae Connecticut Avenue Securities, Series 2021-R02, Class 2B2, 11.545% (SOFR30A + 620 bps), 11/25/41 (144A)      104,414
200,000(a) Freddie Mac STACR REMIC Trust, Series 2021-DNA7, Class B2, 13.145% (SOFR30A + 780 bps), 11/25/41 (144A)      215,070
450,000(a) Freddie Mac STACR REMIC Trust, Series 2021-HQA3, Class B2, 11.595% (SOFR30A + 625 bps), 9/25/41 (144A)      461,184
280,000(a) Freddie Mac STACR REMIC Trust, Series 2022-DNA2, Class B2, 13.845% (SOFR30A + 850 bps), 2/25/42 (144A)      304,150
545,000(a) Freddie Mac STACR Trust, Series 2019-DNA3, Class B2, 13.609% (SOFR30A + 826 bps), 7/25/49 (144A)      630,860
3Pioneer Diversified High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  Collateralized Mortgage
Obligations—(continued)
 
18,262 Global Mortgage Securitization, Ltd., Series 2004-A, Class B1, 5.25%, 11/25/32 (144A) $      8,057
640,000(a) STACR Trust, Series 2018-HRP2, Class B2, 15.959% (SOFR30A + 1,061 bps), 2/25/47 (144A)     781,600
  Total Collateralized Mortgage Obligations
(Cost $2,630,625)
  $2,859,743
  Commercial Mortgage-Backed
Securities—10.0% of Net Assets
 
1,000,000(d) Benchmark Mortgage Trust, Series 2020-B18, Class AGNG, 4.535%, 7/15/53 (144A) $    875,264
500,000(a) BPR Trust, Series 2021-WILL, Class E, 12.198% (1 Month Term SOFR + 686 bps), 6/15/38 (144A)      457,861
635,356(a) BX Trust, Series 2022-PSB, Class F, 12.666% (1 Month Term SOFR + 733 bps), 8/15/39 (144A)      642,521
973,333(a) Capital Funding Mortgage Trust, Series 2021-19, Class B, 20.56% (1 Month Term SOFR + 1,521 bps), 10/27/24 (144A)      967,340
7,189,269(d)(e) CD Mortgage Trust, Series 2016-CD1, Class XA, 1.496%, 8/10/49      167,954
632,302(d)(e) Citigroup Commercial Mortgage Trust, Series 2014-GC23, Class XA, 1.04%, 7/10/47          943
20,871,477(d)(e) COMM Mortgage Trust, Series 2015-LC21, Class XA, 0.777%, 7/10/48      130,150
750,000(a) Freddie Mac Multifamily Structured Credit Risk, Series 2021-MN1, Class B1, 13.095% (SOFR30A + 775 bps), 1/25/51 (144A)      740,504
537,678(d) FREMF Mortgage Trust, Series 2019-KJ24, Class B, 7.60%, 10/25/27 (144A)      497,135
1,000,000(a) FREMF Mortgage Trust, Series 2019-KS12, Class C, 12.359% (SOFR30A + 701 bps), 8/25/29      955,616
111,356(a) FREMF Mortgage Trust, Series 2020-KF74, Class C, 11.709% (SOFR30A + 636 bps), 1/25/27 (144A)      100,000
229,257(a) FREMF Mortgage Trust, Series 2020-KF83, Class C, 14.459% (SOFR30A + 911 bps), 7/25/30 (144A)      216,785
1,000,000(f) FREMF Mortgage Trust, Series 2021-KG05, Class C, 0.000%, 1/25/31 (144A)      543,326
12,332,171(e) FREMF Mortgage Trust, Series 2021-KG05, Class X2A, 0.10%, 1/25/31 (144A)       62,675
1,000,000(e) FREMF Mortgage Trust, Series 2021-KG05, Class X2B, 0.10%, 1/25/31 (144A)        4,773
Pioneer Diversified High Income Fund, Inc. | 1/31/244

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Commercial Mortgage-Backed
Securities—(continued)
 
7,466,614(d)(e) FRESB Mortgage Trust, Series 2020-SB79, Class X1, 1.189%, 7/25/40 $    270,445
3,775,459(d)(e) GS Mortgage Securities Trust, Series 2014-GC24, Class XA, 0.807%, 9/10/47        6,328
500,000(d) JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-LC11, Class D, 4.299%, 4/15/46      223,285
6,427,566(d)(e) JPMBB Commercial Mortgage Securities Trust, Series 2014-C24, Class XA, 0.96%, 11/15/47       14,719
5,815,814(d)(e) Morgan Stanley Capital I Trust, Series 2016-UB12, Class XA, 0.786%, 12/15/49       85,390
747,747(a) Multifamily Connecticut Avenue Securities Trust, Series 2020-01, Class M10, 9.209% (SOFR30A + 386 bps), 3/25/50 (144A)      734,667
900,000(d) Natixis Commercial Mortgage Securities Trust, Series 2019-FAME, Class E, 4.544%, 8/15/36 (144A)      448,941
290,000 Palisades Center Trust, Series 2016-PLSD, Class A, 2.713%, 4/13/33 (144A)      165,300
212,018(d) Velocity Commercial Capital Loan Trust, Series 2020-1, Class M5, 4.29%, 2/25/50 (144A)      165,458
1,100,000 Wells Fargo Commercial Mortgage Trust, Series 2015-C28, Class E, 3.00%, 5/15/48 (144A)      816,274
1,660,500(d) Wells Fargo Commercial Mortgage Trust, Series 2015-C31, Class E, 4.747%, 11/15/48 (144A)   1,038,132
  Total Commercial Mortgage-Backed Securities
(Cost $11,893,191)
$10,331,786
  Convertible Corporate Bonds — 2.2%
of Net Assets
 
  Banks — 0.0%  
IDR812,959,000 PT Bakrie & Brothers Tbk, 4/28/24 $      5,152
  Total Banks       $5,152
  Chemicals — 1.9%  
1,900,000(g) Hercules LLC, 6.50%, 6/30/29 $  2,008,153
  Total Chemicals   $2,008,153
5Pioneer Diversified High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  Entertainment — 0.3%  
312,000(f) DraftKings Holdings, Inc., 3/15/28 $    260,520
  Total Entertainment     $260,520
  Total Convertible Corporate Bonds
(Cost $1,870,336)
  $2,273,825
  Corporate Bonds — 85.8% of Net Assets  
  Advertising — 1.3%  
645,000 Clear Channel Outdoor Holdings, Inc., 7.50%, 6/1/29 (144A) $    532,925
535,000 Clear Channel Outdoor Holdings, Inc., 7.75%, 4/15/28 (144A)      463,817
400,000 Summer BC Bidco B LLC, 5.50%, 10/31/26 (144A)     385,528
  Total Advertising   $1,382,270
  Aerospace & Defense — 0.6%  
315,000 Spirit AeroSystems, Inc., 9.375%, 11/30/29 (144A) $    341,295
270,000 Triumph Group, Inc., 9.00%, 3/15/28 (144A)     284,890
  Total Aerospace & Defense     $626,185
  Agriculture — 1.1%  
1,310,000 Frigorifico Concepcion S.A., 7.70%, 7/21/28 (144A) $  1,152,800
  Total Agriculture   $1,152,800
  Airlines — 6.8%  
2,484,051(h) ABRA Global Finance, 11.50% (5.50% PIK or 6.00% Cash), 3/2/28 (144A) $  1,865,920
430,000 Azul Secured Finance LLP, 11.93%, 8/28/28 (144A)      437,838
1,510,000 Grupo Aeromexico SAB de CV, 8.50%, 3/17/27 (144A)   1,447,347
285,000 Latam Airlines Group S.A., 13.375%, 10/15/29 (144A)      327,899
1,059,000 Pegasus Hava Tasimaciligi AS, 9.25%, 4/30/26 (144A)   1,082,722
EUR700,000 Transportes Aereos Portugueses S.A., 5.625%, 12/2/24 (144A)      750,796
1,305,000 VistaJet Malta Finance Plc/Vista Management Holding, Inc., 6.375%, 2/1/30 (144A)      944,559
260,000 VistaJet Malta Finance Plc/Vista Management Holding, Inc., 9.50%, 6/1/28 (144A)     220,316
  Total Airlines   $7,077,397
Pioneer Diversified High Income Fund, Inc. | 1/31/246

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Apparel — 0.4%  
370,000 Hanesbrands, Inc., 9.00%, 2/15/31 (144A) $    373,031
  Total Apparel     $373,031
  Auto Manufacturers — 0.4%  
440,000 JB Poindexter & Co., Inc., 8.75%, 12/15/31 (144A) $    450,450
  Total Auto Manufacturers     $450,450
  Banks — 2.8%  
300,000(d) Banco de Galicia y Buenos Aires SAU, 7.962% (5 Year CMT Index + 716 bps), 7/19/26 (144A) $    288,150
1,135,000(d) Banco GNB Sudameris S.A., 7.50% (5 Year CMT Index + 666 bps), 4/16/31 (144A)      964,182
685,000(d)(i) Banco Mercantil del Norte S.A., 8.375% (10 Year US Treasury Yield Curve Rate T Note Constant Maturity + 776 bps) (144A)      674,641
155,000 Freedom Mortgage Corp., 12.25%, 10/1/30 (144A)      172,795
350,000(d)(i) ING Groep NV, 6.50% (5 Year USD Swap Rate + 445 bps)      342,184
225,000(d)(i) Intesa Sanpaolo S.p.A., 7.70% (5 Year USD Swap Rate + 546 bps) (144A)      221,437
865,000(d)(i)(j) Sovcombank Via SovCom Capital DAC, 7.60% (5 Year CMT Index + 636 bps) (144A)       31,248
230,000(d)(i) UBS Group AG, 9.25% (5 Year CMT Index + 476 bps) (144A)     250,565
  Total Banks   $2,945,202
  Biotechnology — 0.3%  
EUR345,000 Cidron Aida Finco S.a.r.l., 5.00%, 4/1/28 (144A) $    359,315
  Total Biotechnology     $359,315
  Building Materials — 1.2%  
846,000 AmeriTex HoldCo Intermediate LLC, 10.25%, 10/15/28 (144A) $    868,766
464,000 Cornerstone Building Brands, Inc., 6.125%, 1/15/29 (144A)     412,426
  Total Building Materials   $1,281,192
  Chemicals — 4.3%  
EUR420,000 Lune Holdings S.a.r.l., 5.625%, 11/15/28 (144A) $    367,981
300,000 LYB Finance Co. BV, 8.10%, 3/15/27 (144A)      323,300
379,000 Mativ Holdings, Inc., 6.875%, 10/1/26 (144A)      362,854
280,000 Olin Corp., 9.50%, 6/1/25 (144A)      288,498
EUR580,000 Olympus Water US Holding Corp., 9.625%, 11/15/28 (144A)      676,122
7Pioneer Diversified High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  Chemicals — (continued)  
985,000 Olympus Water US Holding Corp., 9.75%, 11/15/28 (144A) $  1,042,105
920,000 Rain Carbon, Inc., 12.25%, 9/1/29 (144A)      910,763
EUR420,000 SCIL IV LLC/SCIL USA Holdings LLC, 9.50%, 7/15/28 (144A)     489,751
  Total Chemicals   $4,461,374
  Commercial Services — 4.3%  
585,000 Allied Universal Holdco LLC/Allied Universal Finance Corp., 9.75%, 7/15/27 (144A) $    572,008
1,384,000(j) Atento Luxco 1 S.A., 8.00%, 2/10/26 (144A)          138
473,000 Garda World Security Corp., 6.00%, 6/1/29 (144A)      415,366
958,000 Garda World Security Corp., 9.50%, 11/1/27 (144A)      963,782
625,000 Neptune Bidco US, Inc., 9.29%, 4/15/29 (144A)      597,006
935,000 Prime Security Services Borrower LLC/Prime Finance, Inc., 6.25%, 1/15/28 (144A)      926,575
558,000 Sotheby's, 7.375%, 10/15/27 (144A)      536,250
411,000 Verscend Escrow Corp., 9.75%, 8/15/26 (144A)     412,638
  Total Commercial Services   $4,423,763
  Distribution/Wholesale — 1.0%  
1,046,000 Dealer Tire LLC/DT Issuer LLC, 8.00%, 2/1/28 (144A) $  1,036,230
  Total Distribution/Wholesale   $1,036,230
  Diversified Financial Services — 6.8%  
500,000(d)(i) Air Lease Corp., 4.125% (5 Year CMT Index + 315 bps) $    422,504
1,000,000 ASG Finance Designated Activity Co., 7.875%, 12/3/24 (144A)      979,451
297,960(h) Avation Capital S.A., 8.25% (9.00% PIK or 8.25% Cash), 10/31/26 (144A)      255,128
222,000 Bread Financial Holdings, Inc., 7.00%, 1/15/26 (144A)      223,908
275,000(j) Credito Real SAB de CV SOFOM ER, 8.00%, 1/21/28 (144A)       35,676
EUR235,000 Garfunkelux Holdco 3 S.A., 6.75%, 11/1/25 (144A)      206,275
GBP400,000 Garfunkelux Holdco 3 S.A., 7.75%, 11/1/25 (144A)      403,610
1,112,739(h) Global Aircraft Leasing Co., Ltd., 6.50% (7.25% PIK or 6.50% Cash), 9/15/24 (144A)   1,072,402
EUR840,000 Intrum AB, 9.25%, 3/15/28 (144A)      726,154
255,000 OneMain Finance Corp., 7.875%, 3/15/30      259,055
985,000 OneMain Finance Corp., 9.00%, 1/15/29   1,037,460
Pioneer Diversified High Income Fund, Inc. | 1/31/248

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Diversified Financial Services — (continued)  
155,000 PennyMac Financial Services, Inc., 7.875%, 12/15/29 (144A) $    159,643
355,000 PHH Mortgage Corp., 7.875%, 3/15/26 (144A)      327,487
1,174,000(j) Unifin Financiera SAB de CV, 8.375%, 1/27/28 (144A)       88,050
865,000 United Wholesale Mortgage LLC, 5.75%, 6/15/27 (144A)     848,801
  Total Diversified Financial Services   $7,045,604
  Electric — 0.7%  
200,000 Cemig Geracao e Transmissao S.A., 9.25%, 12/5/24 (144A) $    200,760
11,327 NSG Holdings LLC/NSG Holdings, Inc., 7.75%, 12/15/25 (144A)       11,271
445,000 Talen Energy Supply LLC, 8.625%, 6/1/30 (144A)      472,287
7,000 Vistra Operations Co. LLC, 5.625%, 2/15/27 (144A)       6,895
  Total Electric     $691,213
  Electrical Components & Equipments — 0.6%  
350,000 WESCO Distribution, Inc., 7.125%, 6/15/25 (144A) $    351,859
245,000 WESCO Distribution, Inc., 7.25%, 6/15/28 (144A)     251,664
  Total Electrical Components & Equipments     $603,523
  Energy-Alternate Sources — 0.1%  
180,131(h) SCC Power Plc, 8.00% (4.00% PIK or 4.00% Cash or 8.00% Cash), 12/31/28 (144A) $     84,211
  Total Energy-Alternate Sources      $84,211
  Engineering & Construction — 0.2%  
230,000 IHS Holding, Ltd., 6.25%, 11/29/28 (144A) $    193,925
  Total Engineering & Construction     $193,925
  Entertainment — 1.9%  
295,000 Light & Wonder International, Inc., 7.00%, 5/15/28 (144A) $    294,652
295,000 Light & Wonder International, Inc., 7.25%, 11/15/29 (144A)      302,933
EUR325,000 Lottomatica S.p.A., 9.75%, 9/30/27 (144A)      378,009
EUR310,000 Lottomatica S.p.A./Roma, 7.125%, 6/1/28 (144A)      353,831
700,000 Mohegan Tribal Gaming Authority, 8.00%, 2/1/26 (144A)     657,370
  Total Entertainment   $1,986,795
9Pioneer Diversified High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  Environmental Control — 0.4%  
367,000 Secure Energy Services, Inc., 11.00%, 12/1/25 (144A) $    383,038
  Total Environmental Control     $383,038
  Food — 0.4%  
555,000 Aragvi Finance International DAC, 8.45%, 4/29/26 (144A) $    396,270
  Total Food     $396,270
  Healthcare-Services — 2.9%  
800,800 Auna SAA, 10.00%, 12/15/29 (144A) $    803,042
550,000 Prime Healthcare Services, Inc., 7.25%, 11/1/25 (144A)      547,250
357,000 RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/1/26 (144A)      356,380
626,000 Surgery Center Holdings, Inc., 10.00%, 4/15/27 (144A)      629,934
765,000 US Acute Care Solutions LLC, 6.375%, 3/1/26 (144A)     668,465
  Total Healthcare-Services   $3,005,071
  Home Builders — 0.9%  
885,000 Beazer Homes USA, Inc., 7.25%, 10/15/29 $    888,974
  Total Home Builders     $888,974
  Insurance — 4.9%  
4,600,000 Liberty Mutual Insurance Co., 7.697%, 10/15/97 (144A) $  5,071,708
  Total Insurance   $5,071,708
  Iron & Steel — 2.0%  
845,000 Carpenter Technology Corp., 7.625%, 3/15/30 $    873,984
613,000 Metinvest BV, 7.75%, 10/17/29 (144A)      407,689
870,000 TMS International Corp., 6.25%, 4/15/29 (144A)     748,252
  Total Iron & Steel   $2,029,925
  Leisure Time — 1.4%  
100,000 Carnival Corp., 7.625%, 3/1/26 (144A) $    101,578
EUR130,000 Carnival Corp., 7.625%, 3/1/26 (144A)      142,809
120,000 Carnival Holdings Bermuda, Ltd., 10.375%, 5/1/28 (144A)      131,275
170,000 NCL Finance, Ltd., 6.125%, 3/15/28 (144A)      162,584
Pioneer Diversified High Income Fund, Inc. | 1/31/2410

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Leisure Time — (continued)  
595,000 Royal Caribbean Cruises, Ltd., 11.625%, 8/15/27 (144A) $    647,212
245,000 Viking Cruises, Ltd., 6.25%, 5/15/25 (144A)     243,560
  Total Leisure Time   $1,429,018
  Lodging — 0.6%  
800,000(k) Grupo Posadas S.A.B de CV, 7.00%, 12/30/27 (144A) $    670,000
  Total Lodging     $670,000
  Media — 1.7%  
400,000 CSC Holdings LLC, 5.375%, 2/1/28 (144A) $    343,634
300,000 CSC Holdings LLC, 11.75%, 1/31/29 (144A)      304,719
1,210,000 McGraw-Hill Education, Inc., 8.00%, 8/1/29 (144A)   1,122,275
  Total Media   $1,770,628
  Metal Fabricate/Hardware — 0.3%  
385,000 Park-Ohio Industries, Inc., 6.625%, 4/15/27 $    352,363
  Total Metal Fabricate/Hardware     $352,363
  Mining — 2.1%  
633,000 Eldorado Gold Corp., 6.25%, 9/1/29 (144A) $    603,714
400,000 First Quantum Minerals, Ltd., 6.875%, 10/15/27 (144A)      362,196
1,260,000 First Quantum Minerals, Ltd., 8.625%, 6/1/31 (144A)   1,168,650
  Total Mining   $2,134,560
  Oil & Gas — 17.2%  
290,000(l) 3R Lux SARL, 9.75%, 2/5/31 (144A) $    289,130
1,160,000 Aethon United BR LP/Aethon United Finance Corp., 8.25%, 2/15/26 (144A)   1,149,931
910,000 Baytex Energy Corp., 8.50%, 4/30/30 (144A)      944,847
1,685,000 Baytex Energy Corp., 8.75%, 4/1/27 (144A)   1,753,457
335,000 Borr IHC, Ltd./Borr Finance LLC, 10.00%, 11/15/28 (144A)      346,629
240,000 Borr IHC, Ltd./Borr Finance LLC, 10.375%, 11/15/30 (144A)      248,400
85,000 Cenovus Energy, Inc., 6.75%, 11/15/39       93,701
520,000 Civitas Resources, Inc., 8.375%, 7/1/28 (144A)      546,890
370,000 Civitas Resources, Inc., 8.625%, 11/1/30 (144A)      394,627
520,000 Civitas Resources, Inc., 8.75%, 7/1/31 (144A)      552,814
1,510,000 Energean Plc, 6.50%, 4/30/27 (144A)   1,358,598
11Pioneer Diversified High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  Oil & Gas — (continued)  
383,000 International Petroleum Corp., 7.25%, 2/1/27 (144A) $    370,392
405,000 Kosmos Energy, Ltd., 7.75%, 5/1/27 (144A)      382,725
1,288,268 MC Brazil Downstream Trading S.a.r.l, 7.25%, 6/30/31 (144A)      990,448
515,000 Nabors Industries, Ltd., 7.50%, 1/15/28 (144A)      471,225
603,000 Neptune Energy Bondco Plc, 6.625%, 5/15/25 (144A)      598,520
955,000 Occidental Petroleum Corp., 4.40%, 4/15/46      783,085
800,000 Petroleos Mexicanos, 5.95%, 1/28/31      631,260
271,000 Precision Drilling Corp., 6.875%, 1/15/29 (144A)      266,615
455,000 Seadrill Finance, Ltd., 8.375%, 8/1/30 (144A)      473,423
970,000 Shelf Drilling Holdings, Ltd., 9.625%, 4/15/29 (144A)      940,958
900,000 SierraCol Energy Andina LLC, 6.00%, 6/15/28 (144A)      757,809
860,000 Strathcona Resources, Ltd., 6.875%, 8/1/26 (144A)      851,735
120,000 Transocean Titan Financing, Ltd., 8.375%, 2/1/28 (144A)      124,030
785,000 Tullow Oil Plc, 10.25%, 5/15/26 (144A)      722,875
725,000 Valaris, Ltd., 8.375%, 4/30/30 (144A)      743,314
1,195,000 YPF S.A., 6.95%, 7/21/27 (144A)   1,064,393
  Total Oil & Gas $17,851,831
  Oil & Gas Services — 1.1%  
521,000 Archrock Partners LP/Archrock Partners Finance Corp., 6.875%, 4/1/27 (144A) $    522,303
630,000 Enerflex, Ltd., 9.00%, 10/15/27 (144A)     633,301
  Total Oil & Gas Services   $1,155,604
  Packaging & Containers — 0.5%  
EUR425,000 Fiber Bidco S.p.A., 11.00%, 10/25/27 (144A) $    499,486
  Total Packaging & Containers     $499,486
  Pharmaceuticals — 0.9%  
790,000 P&L Development LLC/PLD Finance Corp., 7.75%, 11/15/25 (144A) $    644,885
381,000 Par Pharmaceutical, Inc., 7.50%, 4/1/27 (144A)      251,375
300,000+ Tricida, Inc., 3.50%, 5/15/27          —
  Total Pharmaceuticals     $896,260
  Pipelines — 6.0%  
790,306 Acu Petroleo Luxembourg S.a.r.l., 7.50%, 1/13/32 (144A) $    757,262
Pioneer Diversified High Income Fund, Inc. | 1/31/2412

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Pipelines — (continued)  
555,000 Delek Logistics Partners LP/Delek Logistics Finance Corp., 6.75%, 5/15/25 $    549,041
510,000 Delek Logistics Partners LP/Delek Logistics Finance Corp., 7.125%, 6/1/28 (144A)      485,943
450,000(a) Energy Transfer LP, 8.586% (3 Month Term SOFR + 328 bps), 11/1/66      400,622
915,000(d)(i) Energy Transfer LP, 7.125% (5 Year CMT Index + 531 bps)      884,485
145,000 EnLink Midstream Partners LP, 5.45%, 6/1/47      126,047
344,000 EnLink Midstream Partners LP, 5.60%, 4/1/44      305,317
365,000 Genesis Energy LP/Genesis Energy Finance Corp., 8.00%, 1/15/27      369,297
197,000 Global Partners LP/GLP Finance Corp., 7.00%, 8/1/27      198,125
95,000 Venture Global LNG, Inc., 8.125%, 6/1/28 (144A)       96,015
575,000 Venture Global LNG, Inc., 8.375%, 6/1/31 (144A)      580,656
215,000 Venture Global LNG, Inc., 9.50%, 2/1/29 (144A)      228,338
1,175,000 Williams Cos., Inc., 5.75%, 6/24/44   1,192,824
  Total Pipelines   $6,173,972
  REITs — 1.0%  
890,000 Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC, 6.00%, 1/15/30 (144A) $    589,625
10,000 Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 6.50%, 2/15/29 (144A)        7,054
410,000 Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 10.50%, 2/15/28 (144A)     417,360
  Total REITs   $1,014,039
  Retail — 0.4%  
389,000 Staples, Inc., 7.50%, 4/15/26 (144A) $    364,122
  Total Retail     $364,122
  Software — 0.4%  
505,000 AthenaHealth Group, Inc., 6.50%, 2/15/30 (144A) $    451,098
  Total Software     $451,098
  Telecommunications — 3.4%  
695,000 Altice France Holding S.A., 6.00%, 2/15/28 (144A) $    310,263
607,000 Altice France Holding S.A., 10.50%, 5/15/27 (144A)      348,806
200,000 Altice France S.A., 8.125%, 2/1/27 (144A)      178,762
750,000(j) Digicel, Ltd., 6.75%, 3/1/23       15,000
836,000 Kenbourne Invest S.A., 6.875%, 11/26/24 (144A)      606,100
13Pioneer Diversified High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  Telecommunications — (continued)  
850,000 Sprint LLC, 7.625%, 3/1/26 $    887,053
850,000 Total Play Telecomunicaciones SA de CV, 6.375%, 9/20/28 (144A)      371,025
875,000 Windstream Escrow LLC/Windstream Escrow Finance Corp., 7.75%, 8/15/28 (144A)     767,169
  Total Telecommunications   $3,484,178
  Transportation — 2.5%  
1,245,000 Carriage Purchaser, Inc., 7.875%, 10/15/29 (144A) $  1,058,250
655,000 Danaos Corp., 8.50%, 3/1/28 (144A)      668,179
400,000 Simpar Europe S.A., 5.20%, 1/26/31 (144A)      343,140
575,000 Watco Cos. LLC/Watco Finance Corp., 6.50%, 6/15/27 (144A)     571,446
  Total Transportation   $2,641,015
  Total Corporate Bonds
(Cost $94,417,590)
$88,837,640
Shares            
  Preferred Stock — 0.0% of Net Assets  
  Capital Markets — 0.0%  
1,322 B Riley Financial, Inc., 6.75%, 5/31/24 $     32,865
  Total Capital Markets      $32,865
  Internet — 0.0%  
50,188 MYT Holding LLC, 10.00%, 6/6/29 $     11,292
  Total Internet      $11,292
  Total Preferred Stock
(Cost $124,106)
     $44,157
  Right/Warrant — 0.0% of Net Assets  
  Trading Companies & Distributors — 0.0%  
GBP6,475(c) Avation Plc, 1/1/59 $      1,641
  Total Trading Companies & Distributors       $1,641
  Total Right/Warrant
(Cost $—)
      $1,641
Pioneer Diversified High Income Fund, Inc. | 1/31/2414

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Insurance-Linked Securities — 27.0% of
Net Assets#
 
  Event Linked Bonds — 14.1%  
  Earthquakes – California — 0.5%  
250,000(a) Sutter Re, 15.082%, (3 Month U.S. Treasury Bill + 975 bps), 6/19/26 (144A) $    250,000
300,000(a) Torrey Pines Re, 10.332%, (3 Month U.S. Treasury Bill + 500 bps), 6/5/26 (144A)     301,890
                $551,890
  Earthquakes – U.S. — 0.3%  
250,000(a) Ursa Re, 10.832%, (3 Month U.S. Treasury Bill + 550 bps), 12/6/25 (144A) $    253,050
  Flood – U.S. — 0.7%  
250,000(a) FloodSmart Re, 17.162%, (3 Month U.S. Treasury Bill + 1,183 bps), 2/25/25 (144A) $    245,800
250,000(a) FloodSmart Re, 18.912%, (3 Month U.S. Treasury Bill + 1,358 bps), 3/1/24 (144A)      249,750
250,000(a) FloodSmart Re, 21.582%, (1 Month U.S. Treasury Bill + 1,625 bps), 3/11/26 (144A)     250,800
                $746,350
  Multiperil – Florida — 0.5%  
500,000(a) Sanders Re, 11.789%, (3 Month U.S. Treasury Bill + 646 bps), 6/5/26 (144A) $    518,000
  Multiperil – U.S. — 4.5%  
400,000(a) Caelus Re V, 5.547%, (1 Month USD LIBOR + 10 bps), 6/5/24 (144A) $     32,000
500,000(a) Foundation Re, 11.582%, (3 Month U.S. Treasury Bill + 625 bps), 1/8/27 (144A)      498,400
250,000(a) Four Lakes Re, 5.75%, (3 Month U.S. Treasury Bill + 575 bps), 1/7/27 (144A)      253,750
250,000(a) Four Lakes Re, 14.832%, (3 Month U.S. Treasury Bill + 950 bps), 1/7/27 (144A)      248,925
250,000(a) High Point Re, 11.082%, (3 Month U.S. Treasury Bill + 575 bps), 1/6/27 (144A)      249,100
500,000(a) Matterhorn Re, 13.104%, (SOFR + 775 bps), 3/24/25 (144A)      495,650
250,000(a) Mystic Re, 17.332%, (3 Month U.S. Treasury Bill + 1,200 bps), 1/8/27 (144A)      249,825
375,000(a) Residential Re, 13.019%, (3 Month U.S. Treasury Bill + 769 bps), 12/6/26 (144A)      383,288
500,000(a) Residential Re, 13.832%, (1 Month U.S. Treasury Bill + 850 bps), 12/6/27 (144A)      502,050
15Pioneer Diversified High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  Multiperil – U.S. — (continued)  
500,000(a) Residential Re, 17.312%, (3 Month U.S. Treasury Bill + 1,198 bps), 12/6/25 (144A) $    473,700
250,000(a) Sanders Re, 11.082%, (3 Month U.S. Treasury Bill + 575 bps), 4/7/28 (144A)      249,992
250,000(a) Sanders Re III, 11.082%, (3 Month U.S. Treasury Bill + 575 bps), 4/7/27 (144A)      251,875
250,000(a) Solomon Re, 10.579%, (3 Month U.S. Treasury Bill + 525 bps), 6/8/26 (144A)      257,100
250,000(a) Stabilitas Re, 13.832%, (3 Month U.S. Treasury Bill + 850 bps), 6/5/26 (144A)      258,375
250,000(a) Topanga Re, 8.639%, (3 Month U.S. Treasury Bill + 331 bps), 1/8/26 (144A)     231,575
              $4,635,605
  Multiperil – U.S. & Canada — 1.9%  
250,000(a) Galileo Re, 12.332%, (3 Month U.S. Treasury Bill + 700 bps), 1/7/28 (144A) $    253,900
250,000(a) Kilimanjaro III Re, 17.689%, (3 Month U.S. Treasury Bill + 1,236 bps), 4/21/25 (144A)      247,275
250,000(a) Kilimanjaro III Re, 17.692%, (3 Month U.S. Treasury Bill + 1,236 bps), 4/20/26 (144A)      243,575
250,000(a) Matterhorn Re, 11.105%, (SOFR + 575 bps), 12/8/25 (144A)      230,000
250,000(a) Mona Lisa Re, 17.832%, (3 Month U.S. Treasury Bill + 1,250 bps), 1/8/26 (144A)      268,750
250,000(a) Mystic Re IV, 11.462%, (3 Month U.S. Treasury Bill + 613 bps), 1/8/25 (144A)      247,500
500,000(a) Mystic Re IV, 16.932%, (3 Month U.S. Treasury Bill + 1,160 bps), 1/8/25 (144A)     488,700
              $1,979,700
  Multiperil – U.S. Regional — 0.5%  
250,000(a) Aquila Re, 12.832%, (3 Month U.S. Treasury Bill + 750 bps), 6/8/26 (144A) $    256,750
250,000(a) Aquila Re, 14.579%, (3 Month U.S. Treasury Bill + 925 bps), 6/8/26 (144A)     258,825
                $515,575
Pioneer Diversified High Income Fund, Inc. | 1/31/2416

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Multiperil – Worldwide — 0.5%  
250,000(a) Atlas Capital, 12.607%, (SOFR + 725 bps), 6/5/26 (144A) $    254,125
250,000(a) Cat Re 2001, 17.832%, (3 Month U.S. Treasury Bill + 1,250 bps), 1/8/27 (144A)     257,325
                $511,450
  Windstorm – Florida — 0.2%  
250,000(a) Integrity Re, 12.402%, (3 Month U.S. Treasury Bill + 707 bps), 6/6/25 (144A) $    238,175
  Windstorm – North Carolina — 1.0%  
500,000(a) Blue Ridge Re, 13.329%, (1 Month U.S. Treasury Bill + 800 bps), 1/8/27 (144A) $    499,550
250,000(a) Cape Lookout Re, 9.029%, (1 Month U.S. Treasury Bill + 370 bps), 3/22/24 (144A)      249,750
250,000(a) Cape Lookout Re, 10.677%, (3 Month U.S. Treasury Bill + 535 bps), 3/28/25 (144A)     246,950
                $996,250
  Windstorm – U.S. — 2.5%  
250,000(a) Alamo Re, 13.832%, (1 Month U.S. Treasury Bill + 850 bps), 6/7/26 (144A) $    253,000
250,000(a) Bonanza Re, 11.112%, (3 Month U.S. Treasury Bill + 578 bps), 3/16/25 (144A)      235,250
250,000(a) Bonanza Re, 13.582%, (3 Month U.S. Treasury Bill + 825 bps), 1/8/26 (144A)      251,225
250,000(a) Cape Lookout Re, 11.832%, (1 Month U.S. Treasury Bill + 650 bps), 4/28/26 (144A)      254,550
250,000(a) Gateway Re, 18.332%, (1 Month U.S. Treasury Bill + 1,300 bps), 2/24/26 (144A)      270,625
250,000(a) Gateway Re II, 14.832%, (3 Month U.S. Treasury Bill + 950 bps), 4/27/26 (144A)      258,675
250,000(a) Merna Re, 15.582%, (3 Month U.S. Treasury Bill + 1,025 bps), 7/7/26 (144A)      268,775
250,000(a) Purple Re, 17.582%, (1 Month U.S. Treasury Bill + 1,225 bps), 4/24/26 (144A)      257,500
500,000(a) Queen Street Re, 12.829%, (3 Month U.S. Treasury Bill + 750 bps), 12/8/25 (144A)     519,250
              $2,568,850
17Pioneer Diversified High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value  
  Windstorm – U.S. Regional — 0.5%    
250,000(a) Citrus Re, 12.082%, (3 Month U.S. Treasury Bill + 675 bps), 6/7/26 (144A) $    256,750  
250,000(a) Citrus Re, 14.332%, (3 Month U.S. Treasury Bill + 900 bps), 6/7/26 (144A)     255,675  
                $512,425  
  Winterstorm – Florida — 0.5%    
250,000(a) Integrity Re, 17.332%, (1 Month U.S. Treasury Bill + 1,200 bps), 6/6/25 (144A) $    258,250  
250,000(a) Lightning Re, 16.332%, (3 Month U.S. Treasury Bill + 1,100 bps), 3/31/26 (144A)     263,100  
                $521,350  
  Total Event Linked Bonds  $14,548,670  
Face
Amount
USD ($)
           
  Collateralized Reinsurance — 3.3%  
  Multiperil – Massachusetts — 0.2%  
250,000(c)(m)+ Portsalon Re 2022, 5/31/28 $    229,230
  Multiperil – U.S. — 1.3%  
264,839(c)(m)+ Ballybunion Re 2022, 12/31/27 $         —
264,416(c)(m)+ Ballybunion Re 2023, 12/31/28      254,765
500,000(c)(m)+ Gamboge Re, 3/31/29      524,400
500,000(m)+ PI0047 2024-1, 12/31/29     504,701
              $1,283,866
  Multiperil – Worldwide — 1.6%  
250,000(c)(m)+ Amaranth Re 2023, 12/31/28 $    264,200
650,000(c)(m)+ Cypress Re 2017, 1/31/25           65
462,683(c)(m)+ Dartmouth Re 2018, 1/31/25       69,360
100,000(c)(m)+ Dartmouth Re 2021, 12/31/24       30,991
750,000(m)+ Merion Re 2024-1, 12/31/29      646,507
250,000(c)(m)+ Old Head Re 2022, 12/31/27      125,000
250,000(m)+ Old Head Re 2024, 12/31/29      190,567
250,000(m)+ Pine Valley Re 2024, 12/31/28      207,298
700,000(c)(m)+ Resilience Re, 5/1/24           —
250,000(c)(m)+ Walton Health Re 2019, 6/30/24       62,920
250,000(c)(m)+ Walton Health Re 2022, 12/15/27      36,439
              $1,633,347
Pioneer Diversified High Income Fund, Inc. | 1/31/2418

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Face
Amount
USD ($)
          Value
  Windstorm – Florida — 0.0%  
750,000(c)(m)+ Portrush Re 2017, 6/15/24 $         75
  Windstorm – North Carolina — 0.0%  
250,000(c)(m)+ Isosceles Re, 4/30/29 $        212
375,000(c)(m)+ Isosceles Re 2023, 4/30/29          —
                    $212
  Windstorm – U.S. Multistate — 0.0%  
500,000(c)(m)+ White Heron Re, 5/31/29 $     13,014
  Windstorm – U.S. Regional — 0.2%  
1,015,734(c)(m)+ Oakmont Re 2020, 4/30/24 $         —
750,000(c)(m)+ Oakmont Re 2022, 4/1/28     235,879
                $235,879
  Total Collateralized Reinsurance   $3,395,623
  Reinsurance Sidecars — 9.6%  
  Multiperil – U.S. — 0.0%  
226,387(c)(m)+ Carnoustie Re 2023, 12/31/28 $     16,952
1,000,000(c)(n)+ Harambee Re 2018, 12/31/24           —
1,000,000(n)+ Harambee Re 2019, 12/31/24        1,500
500,000(c)(n)+ Harambee Re 2020, 12/31/24       7,700
                 $26,152
  Multiperil – U.S. Regional — 0.0%  
250,000(c)(m)+ Brotherhood Re, 1/31/25 $         —
  Multiperil – Worldwide — 9.6%  
225,450(n)+ Alturas Re 2020-3, 9/30/24 $         —
213,682(c)(n)+ Alturas Re 2021-3, 7/31/25       11,111
376,048(c)(n)+ Alturas Re 2022-2, 12/31/27       66,109
500,000(c)(m)+ Bantry Re 2021, 12/31/24        3,091
1,000,000(c)(m)+ Bantry Re 2023, 12/31/28   1,231,500
993,323(c)(m)+ Berwick Re 2020-1, 12/31/24           99
750,000(c)(m)+ Berwick Re 2022, 12/31/27       14,460
1,000,000(c)(m)+ Berwick Re 2023, 12/31/28       38,236
1,000,000(m)+ Berwick Re 2024-1, 12/31/29   1,010,000
500,000(m)+ Carnoustie Re 2024, 12/31/29      504,927
500,000(c)(m)+ Eccleston Re 2023, 11/30/28       69,644
70,000(c)(m)+ Eden Re II, 3/22/24 (144A)       20,370
49,927(c)(m)+ Eden Re II, 3/21/25 (144A)        7,684
80,000(c)(m)+ Eden Re II, 3/20/26 (144A)       23,952
3,000(c)(m)+ Eden Re II, 3/19/27 (144A)       62,457
250,000(c)(m)+ Gleneagles Re 2021, 12/31/24           25
19Pioneer Diversified High Income Fund, Inc. | 1/31/24

Face
Amount
USD ($)
          Value
  Multiperil – Worldwide — (continued)  
250,000(c)(m)+ Gleneagles Re 2022, 12/31/27 $    118,836
1,059,157(c)(m)+ Gullane Re 2018, 12/31/24       50,018
1,000,000(c)(m)+ Gullane Re 2023, 12/31/28   1,258,731
250,000(c)(n)+ Lion Rock Re 2020, 1/31/25           —
250,000(c)(n)+ Lion Rock Re 2021, 12/31/24       27,950
498,977(c)(n)+ Lorenz Re 2019, 6/30/24        4,791
500,000(m)+ Merion Re 2018-2, 12/31/24       24,992
500,000(c)(m)+ Merion Re 2021-2, 12/31/24       80,250
363,953(c)(m)+ Merion Re 2022-2, 12/31/27      345,068
1,000,000(c)(m)+ Pangaea Re 2023-1, 12/31/28   1,227,635
250,000(c)(m)+ Pangaea Re 2023-3, 5/31/29      283,653
250,000(c)(m)+ Phoenix 3 Re 2023-3, 1/4/27      283,050
200,000(c)(m)+ Sector Re V, 3/1/24 (144A)      105,982
25,000(c)(m)+ Sector Re V, 12/1/24 (144A)       44,986
1,179(c)(m)+ Sector Re V, 12/1/27 (144A)       96,404
500,000(m)+ Sector Re V, 12/1/28 (144A)      523,260
500,000(m)+ Sector Re V, 12/1/28 (144A)      523,260
515,671(m)+ Sussex Re 2020-1, 12/31/24          670
250,000(m)+ Sussex Re 2021-1, 12/31/24          175
500,000(m)+ Sussex Re 2022, 12/31/27       30,050
300,000(c)(n)+ Thopas Re 2020, 12/31/24           60
250,000(c)(n)+ Thopas Re 2021, 12/31/24        4,025
250,000(n)+ Thopas Re 2022, 12/31/27        2,025
766,025(c)(n)+ Thopas Re 2023, 12/31/28      837,189
375,860(n)+ Torricelli Re 2021, 7/31/25        9,397
500,000(n)+ Torricelli Re 2022, 6/30/28       11,200
750,000(c)(n)+ Torricelli Re 2023, 6/30/29      897,623
500,000(c)(n)+ Viribus Re 2018, 12/31/24           —
212,306(c)(n)+ Viribus Re 2019, 12/31/24           —
240,783(c)(n)+ Viribus Re 2020, 12/31/24        7,994
221,888(c)(n)+ Viribus Re 2022, 12/31/27        8,143
499,829(c)(m)+ Woburn Re 2019, 12/31/24      83,681
              $9,954,763
  Total Reinsurance Sidecars   $9,980,915
  Total Insurance-Linked Securities
(Cost $27,121,906)
$27,925,208
Pioneer Diversified High Income Fund, Inc. | 1/31/2420

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Foreign Government Bonds — 0.9% of
Net Assets
 
  Angola — 0.4%  
448,000 Angolan Government International Bond, 8.250%, 5/9/28 (144A) $    404,231
  Total Angola     $404,231
  Ghana — 0.3%  
320,000(j) Ghana Government International Bond, 7.875%, 2/11/35 (144A) $    141,313
500,000(j) Ghana Government International Bond, 8.627%, 6/16/49     216,295
  Total Ghana     $357,608
  Ukraine — 0.2%  
750,000(j) Ukraine Government International Bond, 8.994%, 2/1/26 (144A) $    216,414
  Total Ukraine     $216,414
  Total Foreign Government Bonds
(Cost $2,022,439)
    $978,253
Shares            
  SHORT TERM INVESTMENTS — 2.3% of Net
Assets
 
  Open-End Fund — 2.3%  
2,366,590(o) Dreyfus Government Cash Management,
Institutional Shares, 5.22%
$  2,366,590
              $2,366,590
  TOTAL SHORT TERM INVESTMENTS
(Cost $2,366,590)
  $2,366,590
  TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 139.4%
(Cost $151,822,747)
$144,335,929
  OTHER ASSETS AND LIABILITIES — (39.4)% $(40,821,596)
  net assets — 100.0% $103,514,333
             
bps Basis Points.
CMT Constant Maturity Treasury Index.
FREMF Freddie Mac Multifamily Fixed-Rate Mortgage Loans.
FRESB Freddie Mac Multifamily Small Balance Certificates.
21Pioneer Diversified High Income Fund, Inc. | 1/31/24

LIBOR London Interbank Offered Rate.
SOFR Secured Overnight Financing Rate.
SOFR30A Secured Overnight Financing Rate 30 Day Average.
(144A) The resale of such security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold normally to qualified institutional buyers. At January 31, 2024, the value of these securities amounted to $110,829,518, or 107.1% of net assets.
(a) Floating rate note. Coupon rate, reference index and spread shown at January 31, 2024.
(b) This term loan will settle after January 31, 2024, at which time the interest rate will be determined.
(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, 2024.
(e) Security represents the interest-only portion payments on a pool of underlying mortgages or mortgage-backed securities.
(f) Security issued with a zero coupon. Income is recognized through accretion of discount.
(g) Security is priced as a unit.
(h) Payment-in-kind (PIK) security which may pay interest in the form of additional principal amount.
(i) Security is perpetual in nature and has no stated maturity date.
(j) Security is in default.
(k) Debt obligation initially issued at one coupon which converts to a higher coupon at a specific date. The rate shown is the rate at January 31, 2024.
(l) Securities purchased on a when-issued basis. Rates do not take effect until settlement date.
(m) Issued as participation notes.
(n) Issued as preference shares.
(o) Rate periodically changes. Rate disclosed is the 7-day yield at January 31, 2024.
* Senior secured floating rate loan interests in which the Fund invests generally pay interest at rates that are periodically re-determined by reference to a base lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as LIBOR or SOFR, (ii) the prime rate offered by one or more major United States banks, (iii) the rate of a certificate of deposit or (iv) other base lending rates used by commercial lenders. The interest rate shown is the rate accruing at January 31, 2024.
+ Security is valued using significant unobservable inputs (Level 3).
Amount rounds to less than 0.1%.
# Securities are restricted as to resale.
Restricted Securities Acquisition date Cost Value
Alamo Re 4/12/2023 $250,000 $253,000
Pioneer Diversified High Income Fund, Inc. | 1/31/2422

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Restricted Securities Acquisition date Cost Value
Alturas Re 2020-3 8/3/2020 $$
Alturas Re 2021-3 8/16/2021 25,777 11,111
Alturas Re 2022-2 1/18/2022 49,834 66,109
Amaranth Re 2023 1/27/2023 208,962 264,200
Aquila Re 5/10/2023 250,000 256,750
Aquila Re 5/10/2023 250,000 258,825
Atlas Capital 5/17/2023 250,000 254,125
Ballybunion Re 2022 3/9/2022
Ballybunion Re 2023 3/21/2023 224,565 254,765
Bantry Re 2021 1/11/2021 5,234 3,091
Bantry Re 2023 1/12/2023 1,000,000 1,231,500
Berwick Re 2020-1 9/24/2020 99
Berwick Re 2022 12/31/2021 13,409 14,460
Berwick Re 2023 2/1/2023 38,236
Berwick Re 2024-1 1/10/2024 1,000,000 1,010,000
Blue Ridge Re 11/14/2023 500,000 499,550
Bonanza Re 1/6/2023 250,000 251,225
Bonanza Re 7/25/2023 219,468 235,250
Brotherhood Re 1/22/2018 39,768
Caelus Re V 4/27/2017 400,000 32,000
Cape Lookout Re 3/9/2021 250,000 249,750
Cape Lookout Re 3/16/2022 250,000 246,950
Cape Lookout Re 4/14/2023 250,000 254,550
Carnoustie Re 2023 3/22/2023 16,952
Carnoustie Re 2024 1/11/2024 500,000 504,927
Cat Re 2001 11/14/2023 250,000 257,325
Citrus Re 4/27/2023 250,000 255,675
Citrus Re 4/27/2023 250,000 256,750
Cypress Re 2017 1/24/2017 2,185 65
Dartmouth Re 2018 1/18/2018 159,773 69,360
Dartmouth Re 2021 1/19/2021 11,466 30,991
Eccleston Re 2023 7/13/2023 69,644
Eden Re II 12/23/2019 48,733 20,370
Eden Re II 1/25/2021 26,581 7,684
Eden Re II 1/21/2022 39,432 23,952
Eden Re II 1/17/2023 3,000 62,457
FloodSmart Re 2/8/2022 249,840 249,750
FloodSmart Re 2/14/2022 250,000 245,800
FloodSmart Re 2/23/2023 250,000 250,800
Foundation Re 12/19/2023 500,000 498,400
Four Lakes Re 12/8/2023 250,000 253,750
Four Lakes Re 12/8/2023 250,000 248,925
Galileo Re 12/4/2023 250,000 253,900
Gamboge Re 4/20/2023 422,595 524,400
23Pioneer Diversified High Income Fund, Inc. | 1/31/24

Restricted Securities Acquisition date Cost Value
Gateway Re 2/3/2023 $250,000 $270,625
Gateway Re II 4/13/2023 250,000 258,675
Gleneagles Re 2021 1/13/2021 4,575 25
Gleneagles Re 2022 1/18/2022 111,024 118,836
Gullane Re 2018 3/26/2018 50,018
Gullane Re 2023 1/10/2023 1,000,000 1,258,731
Harambee Re 2018 12/19/2017 21,232
Harambee Re 2019 12/20/2018 1,500
Harambee Re 2020 2/27/2020 7,700
High Point Re 12/1/2023 250,000 249,100
Integrity Re 5/9/2022 250,000 238,175
Integrity Re 3/23/2023 250,000 258,250
Isosceles Re 8/7/2023 212
Isosceles Re 2023 8/7/2023
Kilimanjaro III Re 4/8/2021 250,000 247,275
Kilimanjaro III Re 4/8/2021 250,000 243,575
Lightning Re 3/20/2023 250,000 263,100
Lion Rock Re 2020 12/30/2019
Lion Rock Re 2021 3/1/2021 82,745 27,950
Lorenz Re 2019 6/26/2019 81,770 4,791
Matterhorn Re 12/15/2021 250,000 230,000
Matterhorn Re 3/10/2022 500,000 495,650
Merion Re 2018-2 12/28/2017 24,992
Merion Re 2021-2 12/28/2020 136,047 80,250
Merion Re 2022-2 3/1/2022 363,953 345,068
Merion Re 2024-1 1/11/2024 632,676 646,507
Merna Re 4/5/2023 250,000 268,775
Mona Lisa Re 12/30/2022 250,000 268,750
Mystic Re 12/12/2023 250,000 249,825
Mystic Re IV 6/9/2021 500,000 488,700
Mystic Re IV 10/26/2021 249,413 247,500
Oakmont Re 2020 12/3/2020
Oakmont Re 2022 5/9/2022 172,533 235,879
Old Head Re 2022 1/6/2022 188,288 125,000
Old Head Re 2024 1/5/2024 183,891 190,567
Pangaea Re 2023-1 1/23/2023 1,000,000 1,227,635
Pangaea Re 2023-3 7/5/2023 250,000 283,653
Phoenix 3 Re 2023-3 12/21/2020 224,140 283,050
PI0047 2024-1 1/26/2024 500,000 504,701
Pine Valley Re 2024 1/17/2024 207,298 207,298
Portrush Re 2017 6/12/2017 575,239 75
Portsalon Re 2022 7/15/2022 202,158 229,230
Purple Re 4/6/2023 250,000 257,500
Queen Street Re 5/12/2023 500,000 519,250
Pioneer Diversified High Income Fund, Inc. | 1/31/2424

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Restricted Securities Acquisition date Cost Value
Residential Re 10/28/2021 $500,000 $473,700
Residential Re 11/22/2022 375,000 383,288
Residential Re 11/7/2023 500,000 502,050
Resilience Re 2/8/2017 339
Sanders Re 5/24/2023 500,000 518,000
Sanders Re 1/16/2024 250,000 249,992
Sanders Re III 3/24/2023 250,000 251,875
Sector Re V 4/23/2019 135,623 105,982
Sector Re V 12/4/2019 268 44,986
Sector Re V 12/30/2022 1,179 96,404
Sector Re V 12/4/2023 500,000 523,260
Sector Re V 12/29/2023 500,000 523,260
Solomon Re 6/12/2023 250,000 257,100
Stabilitas Re 6/7/2023 250,000 258,375
Sussex Re 2020-1 1/21/2020 670
Sussex Re 2021-1 1/26/2021 175
Sussex Re 2022 1/5/2022 30,050
Sutter Re 6/6/2023 250,000 250,000
Thopas Re 2020 12/30/2019 60
Thopas Re 2021 1/22/2021 4,025
Thopas Re 2022 2/15/2022 2,025
Thopas Re 2023 2/13/2023 634,820 837,189
Topanga Re 10/5/2023 229,874 231,575
Torrey Pines Re 5/18/2023 300,000 301,890
Torricelli Re 2021 7/2/2021 9,397
Torricelli Re 2022 7/26/2022 11,200
Torricelli Re 2023 7/19/2023 750,000 897,623
Ursa Re 4/12/2023 250,000 253,050
Viribus Re 2018 12/22/2017 8,294
Viribus Re 2019 3/25/2019
Viribus Re 2020 3/12/2020 24,541 7,994
Viribus Re 2022 4/18/2022 8,143
Walton Health Re 2019 7/18/2019 7,071 62,920
Walton Health Re 2022 7/13/2022 875 36,439
White Heron Re 8/30/2023 13,014
Woburn Re 2019 1/30/2019 66,418 83,681
Total Restricted Securities     $27,925,208
% of Net assets     27.0%
25Pioneer Diversified High Income Fund, Inc. | 1/31/24

FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS
Currency
Purchased
In
Exchange for
Currency
Sold
Deliver Counterparty Settlement
Date
Unrealized
Appreciation
(Depreciation)
USD 389,743 GBP 310,000 Citibank NA 3/27/24 $(3,294)
EUR 191,000 USD 208,477 HSBC Bank USA NA 2/27/24 (1,816)
EUR 2,370,000 USD 2,617,118 State Street Bank & Trust Co. 3/27/24 (49,739)
USD 5,348,107 EUR 4,890,000 State Street Bank & Trust Co. 4/24/24 44,530
TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS $(10,319)
Principal amounts are denominated in U.S. dollars (“USD”) unless otherwise noted.
EUR — Euro
GBP — Great British Pound
IDR — Indonesian Rupiah
USD — United States Dollar
Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels below.
Level 1 unadjusted quoted prices in active markets for identical securities.
Level 2 other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.).
Level 3 significant unobservable inputs (including the Adviser's own assumptions in determining fair value of investments).
The following is a summary of the inputs used as of January 31, 2024 in valuing the Fund's investments:
  Level 1 Level 2 Level 3 Total
Senior Secured Floating Rate Loan Interests $$3,835,430 $$3,835,430
Common Stocks        
Household Durables 67 67
Oil, Gas & Consumable Fuels 37 110 147
Passenger Airlines 322,057 322,057
Asset Backed Securities 4,459,385 100,000 4,559,385
Collateralized Mortgage Obligations 2,859,743 2,859,743
Commercial Mortgage-Backed Securities 10,331,786 10,331,786
Convertible Corporate Bonds 2,273,825 2,273,825
Corporate Bonds        
Pharmaceuticals 896,260 — * 896,260
Pioneer Diversified High Income Fund, Inc. | 1/31/2426

Schedule of Investments  |  1/31/24
(unaudited) (continued)
  Level 1 Level 2 Level 3 Total
All Other Corporate Bonds $$87,941,380 $$87,941,380
Preferred Stock        
Capital Markets 32,865 32,865
Internet 11,292 11,292
Right/Warrant 1,641 1,641
Insurance-Linked Securities        
Collateralized Reinsurance        
Multiperil – Massachusetts 229,230 229,230
Multiperil – U.S. 1,283,866 1,283,866
Multiperil – Worldwide 1,633,347 1,633,347
Windstorm – Florida 75 75
Windstorm – North Carolina 212 212
Windstorm – U.S. Multistate 13,014 13,014
Windstorm – U.S. Regional 235,879 235,879
Reinsurance Sidecars        
Multiperil – U.S. 26,152 26,152
Multiperil – U.S. Regional —* —*
Multiperil – Worldwide 9,954,763 9,954,763
All Other Insurance-Linked Securities 14,548,670 14,548,670
Foreign Government Bonds 978,253 978,253
Open-End Fund 2,366,590 2,366,590
Total Investments in Securities $2,401,200 $128,136,134 $13,798,595 $144,335,929
Other Financial Instruments        
Net unrealized depreciation on forward foreign currency exchange contracts $$(10,319) $$(10,319)
Total Other Financial Instruments $$(10,319) $$(10,319)
* Securities valued at $0.
The following is a reconciliation of assets valued using significant unobservable inputs (Level 3):
  Common
Stocks
Asset
Backed
Securities
Corporate
Bonds
Insurance-
Linked
Securities
Total
Balance as of 4/30/23 $268,817 $$$12,206,359 $12,475,176
Realized gain (loss)(1) 7,549 (193,171) (185,622)
Changed in unrealized appreciation (depreciation)(2) 94,023 32,695 1,225,743 1,352,461
Return of capital (48,332) 11,680 (4,095,512) (4,132,164)
Purchases 7,192,665 7,192,665
Sales (2,959,546) (2,959,546)
27Pioneer Diversified High Income Fund, Inc. | 1/31/24

  Common
Stocks
Asset
Backed
Securities
Corporate
Bonds
Insurance-
Linked
Securities
Total
Transfers in to Level 3* 55,625 ** 55,625
Transfers out of Level 3*
Balance as of 1/31/24 $322,057 $100,000 $—** $13,376,538 $13,798,595
* Transfers are calculated on the beginning of period values. During the period ended January 31, 2024, a security valued at $55,625 was transferred from Level 2 to Level 3 due to valuing the security using unobservable inputs. There were no other transfers into or out of Level 3 during the period.
** Securities valued at $0.    
Net change in unrealized appreciation (depreciation) of Level 3 investments still held and considered Level 3 at January 31, 2024: $1,426,576
Pioneer Diversified High Income Fund, Inc. | 1/31/2428