Pioneer Disciplined Value Fund

Top 10 Portfolio Holdings as of 6/30/2015
Default: sorted by market value

Security Name Par / Shares Market Value
AbbVie, Inc. 241,527 $16,228,199
Aetna, Inc. 203,147 $25,893,117
American Airlines Group, Inc. 212,279 $8,477,362
Archer-Daniels-Midland Co. 271,625 $13,097,758
Bed Bath & Beyond, Inc. 195,162 $13,462,275
CBS Corp. (Class B) 319,541 $17,734,526
Cisco Systems, Inc. 881,277 $24,199,866
Citigroup, Inc. 442,219 $24,428,178
Citizens Financial Group, Inc. 457,560 $12,495,964
ConAgra Foods, Inc. 308,249 $13,476,646
Cummins, Inc. 64,462 $8,456,770
Devon Energy Corp. 340,565 $20,260,212
Eaton Corp Plc 241,345 $16,288,374
EMC Corp./MA 662,095 $17,472,687
Exelon Corp. 742,350 $23,324,637
Express Scripts Holding Co. 210,781 $18,746,862
Exxon Mobil Corp. 286,018 $23,796,698
General Electric Co. 905,960 $24,071,357
General Motors Co. 689,916 $22,994,900
Halliburton Co. 552,154 $23,781,273
International Paper Co. 328,549 $15,635,647
Invesco, Ltd. 290,577 $10,893,732
JPMorgan Chase & Co. 369,130 $25,012,249
Lennar Corp. 258,853 $13,211,857
Lincoln National Corp. 288,513 $17,085,740
Merck & Co, Inc. 358,117 $20,387,601
Microsoft Corp. 502,003 $22,163,432
Molson Coors Brewing Co. (Class B) 225,044 $15,710,322
Morgan Stanley 525,731 $20,393,105
Mylan NV 237,672 $16,128,422
NextEra Energy, Inc. 89,284 $8,752,511
Occidental Petroleum Corp. 317,552 $24,696,019
Oracle Corp. 346,960 $13,982,488
Public Service Enterprise Group, Inc. 445,544 $17,500,968
Schlumberger, Ltd. 99,877 $8,608,399
SunTrust Banks, Inc. 199,521 $8,583,393
Taiwan Semiconductor Manufacturing Co, Ltd. (A.D.R.) 540,641 $12,277,957
Teva Pharmaceutical Industries, Ltd. (A.D.R.) 304,041 $17,968,823
The Hartford Financial Services Group, Inc. 471,286 $19,591,359
The NASDAQ OMX Group, Inc. 190,138 $9,280,636
The PNC Financial Services Group, Inc. 247,577 $23,680,740
Tyson Foods, Inc. 402,502 $17,158,660
United Continental Holdings, Inc. 169,901 $9,006,452
US Bancorp/MN 377,327 $16,375,992
Viacom, Inc. (Class B) 193,885 $12,532,726
Wells Fargo & Co. 441,060 $24,805,214
Western Digital Corp. 93,444 $7,327,878
Whirlpool Corp. 87,206 $15,090,998

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.