Pioneer Disciplined Value Fund

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

Security Name Par / Shares Market Value
Aetna, Inc. 257,022 $21,206,885
American Airlines Group, Inc. 758,299 $31,355,664
Analog Devices, Inc. 268,635 $13,329,669
Bank of America Corp. 1,792,677 $30,762,337
Citigroup, Inc. 584,138 $31,268,907
Coca-Cola Enterprises, Inc. 245,871 $10,658,508
ConocoPhillips 358,240 $25,847,016
Cummins, Inc. 105,373 $15,403,425
CVS Health Corp. 295,741 $25,377,535
Discover Financial Services 394,274 $25,146,796
Eaton Corp Plc 235,195 $16,084,986
EMC Corp./MA 979,561 $28,142,788
Express Scripts Holding Co. 265,824 $20,420,600
Ford Motor Co. 1,406,149 $19,812,639
Gilead Sciences, Inc. 142,217 $15,928,304
HCA Holdings, Inc. 237,846 $16,661,112
Hess Corp. 136,147 $11,546,627
Humana, Inc. 87,271 $12,117,578
Ingersoll-Rand Plc 364,802 $22,843,901
Johnson & Johnson 292,542 $31,530,177
Lincoln National Corp. 368,135 $20,159,073
LyondellBasell Industries NV 166,766 $15,280,769
Marathon Oil Corp. 645,008 $22,833,283
Marathon Petroleum Corp. 144,842 $13,166,138
Medtronic, Inc. 367,006 $25,015,129
Merck & Co, Inc. 509,981 $29,548,299
Microsoft Corp. 656,063 $30,802,158
Molson Coors Brewing Co. (Class B) 317,587 $23,622,121
Morgan Stanley 752,285 $26,292,361
NetApp, Inc. 395,030 $16,907,284
NextEra Energy, Inc. 207,498 $20,795,450
Nu Skin Enterprises, Inc. 257,385 $13,597,650
Occidental Petroleum Corp. 211,061 $18,769,655
Parker-Hannifin Corp. 123,920 $15,741,558
Pfizer, Inc. 920,702 $27,575,025
Public Service Enterprise Group, Inc. 493,762 $20,397,308
PVH Corp. 99,975 $11,432,141
Regions Financial Corp. 2,370,186 $23,535,947
Ross Stores, Inc. 147,484 $11,904,908
The Allstate Corp. 215,158 $13,952,996
The Hartford Financial Services Group, Inc. 534,782 $21,166,672
The NASDAQ OMX Group, Inc. 511,038 $22,107,504
The PNC Financial Services Group, Inc. 307,217 $26,540,477
Tyson Foods, Inc. 554,244 $22,363,745
United Continental Holdings, Inc. 581,968 $30,733,730
Verizon Communications, Inc. 223,315 $11,221,579
Voya Financial, Inc. 492,349 $19,324,698
Whirlpool Corp. 85,948 $14,787,353
Xerox Corp. 934,041 $12,404,064
Zions Bancorporation 385,553 $11,169,470

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.

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. You should consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about each fund and should be read carefully before you invest or send money. To obtain a prospectus directly and for other information on any Pioneer fund please visit our download literature page.