Pioneer Funds - Euro Strategic Bond
Beyond a traditional credit portfolio
February 2017 Portfolio Review
The Portfolio was positive in the month of February.
The Portfolio has significant exposures to credit markets, with the majority invested in High Yield securities. Within these credit investments, the Portfolio has diversified holdings across both Emerging Markets (EM) and Developed Markets (DM), but retains an EM bias. Overall, our allocation decisions in the fund were a strong positive with credit performing.