Class A Average Annual Total Returns as of 08/31/2010 (% at POP)
Current performance may be lower or higher than the performance data quoted. The performance data quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost.
POP returns reflect deduction of maximum 5.75% sales charge for equity funds and a maximum 4.50% sales charge for bond funds and flexible funds. All results are historical and assume the reinvestment of dividends and capital gains. Other share classes are available for which performance and expenses will differ.
For fund descriptions, historical and current performance, standardized returns as of the most recent quarter-end, risk disclosure or a prospectus, please click fund names in the tables below.
Flexible Funds
Class A share performance reflects deduction of maximum 4.50% sales charge for flexible funds.
Average annual total returns assume reinvestment of all distributions at net asset value.
Performance results reflect any applicable expense waivers in effect during the periods shown. Without such waivers fund performance would be lower. Waivers may not be in effect for all funds. Certain fee waivers are contractual through a specified period. Otherwise, fee waivers can be rescinded at any time. See the prospectus and financial statements for more information.
NAV performance returns do not reflect the deduction of sales charges which would lower returns.
1. Cumulative total return.
2. Total return since inception is quoted for funds with less than 10 years of operation.
Important Legal Information
These materials are not an offer to sell or a solicitation of an offer to buy any security in any jurisdiction in which such an offer, solicitation, purchase or sale would be unlawful under the laws of the jurisdiction.
Please request a free information kit on any Pioneer fund by ordering from this web site or by calling 1-800-225-6292. The kit includes a quarterly fact sheet and a prospectus, which contains more information, including charges and expenses. Please read it carefully before you invest or send money.
