Pioneer Disciplined Value Fund

Top 10 Portfolio Holdings as of 7/31/2015
Default: sorted by market value

Security Name Par / Shares Market Value
AbbVie, Inc. 241,527 $16,909,305
Aetna, Inc. 143,124 $16,168,718
American Airlines Group, Inc. 383,857 $15,392,666
Archer-Daniels-Midland Co. 271,625 $12,880,458
Bed Bath & Beyond, Inc. 195,162 $12,730,417
CBS Corp. (Class B) 319,541 $17,085,857
Cisco Systems, Inc. 873,523 $24,825,524
Citigroup, Inc. 437,933 $25,601,563
Citizens Financial Group, Inc. 457,560 $11,928,589
Devon Energy Corp. 322,005 $15,913,487
eBay, Inc. 382,316 $10,750,726
EMC Corp./MA 683,110 $18,368,828
Exelon Corp. 742,350 $23,822,012
Express Scripts Holding Co. 210,781 $18,985,045
Exxon Mobil Corp. 286,018 $22,655,486
General Motors Co. 767,982 $24,199,113
Halliburton Co. 552,154 $23,074,516
Hewlett-Packard Co. 555,145 $16,943,025
International Paper Co. 340,928 $16,320,223
Invesco, Ltd. 290,577 $11,216,272
Johnson & Johnson 245,388 $24,590,331
JPMorgan Chase & Co. 354,647 $24,303,959
Lennar Corp. 273,214 $14,491,271
Lincoln National Corp. 288,513 $16,249,052
Merck & Co, Inc. 358,117 $21,114,578
Microsoft Corp. 536,713 $25,064,497
Molson Coors Brewing Co. (Class B) 225,044 $16,009,630
Morgan Stanley 525,731 $20,419,392
NextEra Energy, Inc. 89,284 $9,392,677
Northrop Grumman Corp. 48,780 $8,439,428
Occidental Petroleum Corp. 245,279 $17,218,586
Oracle Corp. 346,960 $13,857,582
Public Service Enterprise Group, Inc. 445,544 $18,565,818
Raytheon Co. 77,476 $8,451,857
Schlumberger, Ltd. 99,877 $8,271,813
SunTrust Banks, Inc. 253,608 $11,244,979
Teva Pharmaceutical Industries, Ltd. (A.D.R.) 302,863 $20,903,604
The Hartford Financial Services Group, Inc. 471,286 $22,409,649
The NASDAQ OMX Group, Inc. 190,138 $9,702,742
The PNC Financial Services Group, Inc. 247,577 $24,307,110
Tyson Foods, Inc. 419,881 $18,621,722
United Continental Holdings, Inc. 169,901 $9,580,717
US Bancorp 377,327 $17,058,954
Viacom, Inc. (Class B) 193,885 $11,051,445
Wells Fargo & Co. 427,683 $24,750,015
Western Digital Corp. 109,363 $9,411,780
Whirlpool Corp. 90,154 $16,023,070

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.