Pioneer Disciplined Value Fund

Top 10 Portfolio Holdings as of 7/31/2014
Default: sorted by market value

Security Name Par / Shares Market Value
Aetna, Inc. 337,699 $26,181,803
American Airlines Group, Inc. 784,823 $30,490,374
Analog Devices, Inc. 242,564 $12,038,451
Apache Corp. 336,454 $34,540,368
Apple, Inc. 247,098 $23,615,156
Bank of America Corp. 1,570,077 $23,943,674
Cabot Oil & Gas Corp. 336,626 $11,091,827
Citigroup, Inc. 480,825 $23,517,151
Coca-Cola Enterprises, Inc. 457,415 $20,789,512
ConocoPhillips 369,467 $30,481,028
Cummins, Inc. 108,934 $15,184,310
CVS Caremark Corp. 298,748 $22,812,397
Discover Financial Services 429,595 $26,231,071
Eaton Corp Plc 424,212 $28,812,479
EMC Corp./MA 512,133 $15,005,497
EOG Resources, Inc. 122,740 $13,432,666
Express Scripts Holding Co. 300,143 $20,904,960
Ford Motor Co. 1,420,446 $24,175,991
Gilead Sciences, Inc. 143,663 $13,152,348
Halliburton Co. 221,117 $15,254,862
HCA Holdings, Inc. 178,474 $11,656,137
Hess Corp. 172,727 $17,096,518
Honeywell International, Inc. 293,397 $26,942,647
Humana, Inc. 126,356 $14,865,783
Ingersoll-Rand Plc 452,884 $26,625,050
Johnson & Johnson 325,431 $32,572,389
KeyCorp 1,011,689 $13,698,269
Lincoln National Corp. 371,878 $19,482,688
LyondellBasell Industries NV 308,719 $32,801,394
Marathon Oil Corp. 660,688 $25,601,660
Medtronic, Inc. 370,737 $22,889,302
Merck & Co, Inc. 616,406 $34,974,876
Molson Coors Brewing Co. (Class B) 309,983 $20,933,152
Mondelez International, Inc. 305,820 $11,009,520
Morgan Stanley 759,934 $24,576,266
NextEra Energy, Inc. 132,943 $12,482,018
Nu Skin Enterprises, Inc. 160,917 $9,444,219
Occidental Petroleum Corp. 332,112 $32,450,664
Pfizer, Inc. 930,063 $26,692,808
PVH Corp. 100,991 $11,127,188
Regions Financial Corp. 2,394,284 $24,278,040
The Allstate Corp. 217,346 $12,703,874
The Hartford Financial Services Group, Inc. 540,219 $18,453,881
The NASDAQ OMX Group, Inc. 516,234 $21,779,912
The PNC Financial Services Group, Inc. 347,163 $28,661,777
United Continental Holdings, Inc. 748,860 $34,739,615
Unum Group 381,080 $13,082,476
Voya Financial, Inc. 447,665 $16,608,372
Whirlpool Corp. 86,822 $12,384,290
Xerox Corp. 943,538 $12,511,314
Yahoo!, Inc. 663,593 $23,763,265

The portfolio is actively managed, and current holdings may be different.

For fund descriptions, historical and current performance, standardized returns as of the most recent quarter-end, risk disclosure or a prospectus, please click here.

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