Pioneer AMT-Free Municipal Fund

Top 10 Portfolio Holdings as of 8/29/2014
Default: sorted by market value

Security Name Par / Shares Market Value
Adams-Friendship Area School District, 6.5%, 4/1/16 1,430,000 $1,600,603
Alameda Corridor Transportation Authority, 0.0%, 10/1/31 10,000,000 $4,809,200
Albany Industrial Development Agency, 5.25%, 11/15/32 2,500,000 $2,767,756
Allentown Area Hospital Authority, 6.0%, 11/15/16 (Pre-Refunded) 1,500,000 $1,582,980
Anaheim Public Financing Authority, 0.0%, 9/1/22 410,000 $327,483
Anaheim Public Financing Authority, 0.0%, 9/1/36 12,595,000 $4,285,071
Arizona Health Facilities Authority, 5.5%, 1/1/38 5,145,000 $5,598,603
Beaver County Industrial Development Authority, Floating Rate Note, 12/1/35 5,000,000 $5,098,711
BlackRock Liquidity Funds MuniFund Portfolio 13,000,000 $13,000,000
Buckeye Tobacco Settlement Financing Authority, 5.75%, 6/1/34 10,000,000 $8,163,853
Buckeye Tobacco Settlement Financing Authority, 6.5%, 6/1/47 6,000,000 $5,226,597
Burke County Development Authority, 7.0%, 1/1/23 5,750,000 $6,766,210
California County Tobacco Securitization Agency, 0.0%, 6/1/33 3,370,000 $790,838
California Health Facilities Financing Authority, 5.625%, 7/1/32 2,000,000 $2,061,858
California Municipal Finance Authority, 5.25%, 2/1/37 4,000,000 $4,194,117
California Statewide Communities Development Authority, 5.0%, 5/15/30 4,875,000 $5,058,950
California Statewide Communities Development Authority, 5.75%, 7/1/47 10,000,000 $11,483,036
California Statewide Communities Development Authority, 5.75%, 8/15/38 4,000,000 $4,447,463
Central Texas Regional Mobility Authority, 0.0%, 1/1/25 7,100,000 $4,633,886
Central Texas Regional Mobility Authority, 0.0%, 1/1/26 3,000,000 $1,858,080
Central Texas Regional Mobility Authority, 0.0%, 1/1/27 3,000,000 $1,753,440
Central Texas Regional Mobility Authority, 6.75%, 1/1/41 2,500,000 $2,958,681
City of Pearland Texas, 4.0%, 3/1/29 5,000,000 $5,334,872
City of Phoenix Arizona, 4.0%, 7/1/21 5,000,000 $5,779,767
City of Raleigh North Carolina, 5.0%, 9/1/20 4,000,000 $4,933,684
City of Tallahassee Florida, 6.375%, 12/1/30 7,500,000 $7,642,728
Colorado Health Facilities Authority, Floating Rate Note, 11/15/35 2,750,000 $2,989,972
Commonwealth of Massachusetts, Floating Rate Note, 11/1/25 6,400,000 $6,331,615
County of Cuyahoga Ohio, 6.0%, 5/15/37 1,500,000 $1,548,900
County of Cuyahoga Ohio, 6.0%, 5/15/42 1,500,000 $1,547,010
County of Dona Ana New Mexico, 5.25%, 12/1/25 1,000,000 $1,018,179
County of Fairfax Virginia, 4.0%, 4/1/19 7,765,000 $8,917,214
County of Florence South Carolina, 4.0%, 6/1/20 7,500,000 $8,647,908
County of Frederick Maryland, 5.625%, 9/1/38 3,000,000 $3,066,296
County of Lake Ohio, 6.0%, 8/15/43 5,000,000 $5,411,500
County of Madison Florida, 6.0%, 7/1/25 445,000 $292,229
County of McLean North Dakota, 5.15%, 7/1/40 5,000,000 $5,338,701
County of Miami-Dade Florida Aviation Revenue, 5.5%, 10/1/41 5,000,000 $5,807,719
County of Warren Mississippi, 5.8%, 5/1/34 2,750,000 $3,114,189
Dallas Area Rapid Transit, 5.25%, 12/1/29 8,285,000 $10,754,917
Dallas County Utility & Reclamation District, 5.375%, 2/15/29 10,000,000 $10,808,596
Delaware State Economic Development Authority, 5.375%, 10/1/45 5,000,000 $5,434,833
Deschutes & Jefferson Counties School District No 2J Redmond Oregon, 3.0%, 6/15/32 3,000,000 $3,022,170
District of Columbia, 4.25%, 6/1/37 7,950,000 $8,119,629
District of Columbia Tobacco Settlement Financing Corp., 6.75%, 5/15/40 10,000,000 $10,197,375
Escambia County Health Facilities Authority, 6.0%, 8/15/36 3,000,000 $3,460,050
Florida's Turnpike Enterprise, 4.0%, 7/1/30 5,000,000 $5,396,594
Florida Development Finance Corp., 6.0%, 9/15/30 1,390,000 $1,480,850
Franklin-Mckinley School District, 6.0%, 7/1/16 645,000 $716,694
Fresno Joint Powers Financing Authority, 4.75%, 9/1/28 2,100,000 $2,115,851
FYI Properties, 5.5%, 6/1/39 10,000,000 $11,511,372
Golden State Tobacco Securitization Corp., 5.125%, 6/1/47 15,000,000 $11,346,302
Harris County Cultural Education Facilities Finance Corp., 5.0%, 6/1/28 1,000,000 $1,111,131
Harris County Cultural Education Facilities Finance Corp., 5.0%, 6/1/33 500,000 $542,396
Houston Higher Education Finance Corp., 5.0%, 5/15/35 2,750,000 $3,166,799
Houston Higher Education Finance Corp., 5.0%, 5/15/40 390,000 $449,781
Illinois Finance Authority, 5.25%, 5/1/40 1,000,000 $1,085,924
Illinois Finance Authority, 5.5%, 8/15/30 4,000,000 $4,222,407
Illinois Finance Authority, 6.0%, 8/15/25 1,600,000 $1,643,792
Illinois Finance Authority, 6.125%, 5/15/27 1,000,000 $1,029,475
Illinois Finance Authority, 6.5%, 4/1/39 5,000,000 $5,532,714
Indiana Bond Bank, 5.5%, 2/1/29 2,000,000 $2,289,381
Indiana Finance Authority, 6.0%, 12/1/26 2,000,000 $2,169,167
Indiana Health & Educational Facilities Financing Authority, 4.75%, 2/15/34 5,000,000 $5,090,246
Indiana Health & Educational Facilities Financing Authority, 5.0%, 2/15/39 7,000,000 $7,149,753
Indianapolis Local Public Improvement Bond Bank, 6.0%, 1/10/20 440,000 $495,912
Jefferson Parish Hospital Service District No 2, 6.375%, 7/1/41 6,000,000 $6,569,388
JobsOhio Beverage System, 5.0%, 1/1/38 10,000,000 $11,165,844
John Tolfree Health System Corp., 6.0%, 9/15/23 1,385,000 $1,426,804
King County Housing Authority, 5.5%, 5/1/38 10,000,000 $11,374,906
King County Public Hospital District No 1, 5.25%, 12/1/37 3,000,000 $3,228,538
King County School District No 411 Issaquah, 4.5%, 12/1/30 3,000,000 $3,429,480
Lehigh County Industrial Development Authority, 4.75%, 2/15/27 5,000,000 $5,039,596
Long Beach Bond Finance Authority, 5.5%, 11/15/37 3,000,000 $3,688,265
Louisiana Local Government Environmental Facilities & Community Development Authority, 5.25%, 12/1/1 615,000 $641,389
Louisiana Public Facilities Authority, 5.5%, 5/15/47 10,000,000 $10,678,117
Louisiana State Citizens Property Insurance Corp., 5.0%, 6/1/24 400,000 $465,844
Louisiana State Citizens Property Insurance Corp., 5.0%, 6/1/24 500,000 $586,461
Maine Health & Higher Educational Facilities Authority, 6.75%, 7/1/36 4,500,000 $5,053,061
Maine Health & Higher Educational Facilities Authority, 6.95%, 7/1/41 3,040,000 $3,428,330
Maricopa County Pollution Control Corp., 5.0%, 6/1/35 1,000,000 $1,087,731
Maryland Economic Development Corp., 5.0%, 12/1/16 400,000 $198,620
Maryland Economic Development Corp., 5.0%, 12/1/16 900,000 $446,896
Maryland Economic Development Corp., 5.0%, 12/1/31 1,000,000 $496,551
Maryland Economic Development Corp., 6.2%, 9/1/22 2,000,000 $2,458,276
Maryland Health & Higher Educational Facilities Authority, 5.0%, 11/15/51 6,250,000 $6,958,833
Massachusetts Development Finance Agency, 4.0%, 10/1/35 2,000,000 $2,070,471
Massachusetts Development Finance Agency, 4.0%, 9/1/49 2,500,000 $2,565,197
Massachusetts Development Finance Agency, 5.0%, 10/1/21 1,000,000 $1,207,864
Massachusetts Development Finance Agency, 5.0%, 10/1/22 1,000,000 $1,191,364
Massachusetts Development Finance Agency, 5.0%, 10/1/30 1,000,000 $1,106,264
Massachusetts Development Finance Agency, 5.0%, 10/1/48 4,000,000 $4,485,178
Massachusetts Development Finance Agency, 5.0%, 3/1/39 450,000 $514,598
Massachusetts Development Finance Agency, 5.0%, 6/1/25 1,585,000 $1,862,821
Massachusetts Development Finance Agency, 5.0%, 7/1/43 4,200,000 $4,829,641
Massachusetts Development Finance Agency, 5.0%, 7/1/44 4,000,000 $4,233,618
Massachusetts Development Finance Agency, 5.0%, 9/1/50 1,250,000 $1,398,214
Massachusetts Development Finance Agency, 5.125%, 7/1/26 1,000,000 $1,066,799
Massachusetts Development Finance Agency, 5.15%, 10/1/14 (Pre-Refunded) 125,000 $128,221
Massachusetts Development Finance Agency, 5.25%, 10/1/29 1,680,000 $1,783,823
Massachusetts Development Finance Agency, 5.25%, 10/1/37 3,320,000 $3,489,118
Massachusetts Development Finance Agency, 5.375%, 4/1/41 1,980,000 $2,262,381
Massachusetts Development Finance Agency, 5.5%, 1/1/35 500,000 $505,367
Massachusetts Development Finance Agency, 5.625%, 10/1/24 (Pre-Refunded) 1,100,000 $1,130,966
Massachusetts Development Finance Agency, 5.625%, 7/15/36 400,000 $439,097
Massachusetts Development Finance Agency, 5.7%, 10/1/34 (Pre-Refunded) 1,000,000 $1,028,532
Massachusetts Development Finance Agency, 5.75%, 1/1/42 6,185,000 $7,757,868
Massachusetts Development Finance Agency, 5.75%, 7/15/43 500,000 $551,194
Massachusetts Development Finance Agency, 6.25%, 10/15/17 2,400,000 $2,662,290
Massachusetts Development Finance Agency, 6.75%, 1/1/36 1,000,000 $1,194,953
Massachusetts Development Finance Agency, 7.0%, 7/1/42 1,000,000 $1,142,892
Massachusetts Health & Educational Facilities Authority, 4.125%, 10/1/37 2,000,000 $2,080,386
Massachusetts Health & Educational Facilities Authority, 4.625%, 8/15/28 4,500,000 $4,375,652
Massachusetts Health & Educational Facilities Authority, 5.25%, 7/1/38 3,750,000 $3,967,778
Massachusetts Health & Educational Facilities Authority, 5.375%, 7/1/35 2,335,000 $2,497,444
Massachusetts Health & Educational Facilities Authority, 5.5%, 11/15/36 3,400,000 $4,015,984
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 12,000,000 $16,469,567
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/36 1,000,000 $1,161,934
Massachusetts Port Authority, 5.0%, 7/1/32 1,000,000 $1,143,944
Massachusetts Port Authority, 5.0%, 7/1/33 1,000,000 $1,139,474
Massachusetts School Building Authority, 5.0%, 8/15/29 7,000,000 $8,259,673
Massachusetts State College Building Authority, 5.0%, 5/1/28 3,975,000 $4,781,240
Massachusetts Water Resources Authority, 5.25%, 8/1/36 2,420,000 $3,113,739
McGee Creek Authority, 6.0%, 1/1/23 5,165,000 $5,869,936
Metropolitan Pier & Exposition Authority, 0.0%, 6/15/39 20,000,000 $6,260,000
Metropolitan Pier & Exposition Authority, 7.0%, 7/1/26 (Pre-Refunded) 5,000,000 $6,824,161
Michigan Public Educational Facilities Authority, 5.875%, 6/1/37 3,165,000 $3,231,384
Michigan State Hospital Finance Authority, 5.25%, 11/15/25 2,000,000 $2,032,385
Michigan State Hospital Finance Authority, 5.5%, 11/15/35 1,000,000 $993,922
Missouri Development Finance Board, 5.25%, 11/1/42 2,000,000 $2,245,988
Missouri State Environmental Improvement & Energy Resources Authority, 5.125%, 1/1/20 75,000 $75,940
Mohegan Tribe of Indians of Connecticut, 6.25%, 1/1/31 2,470,000 $2,497,252
Monroe County Development Authority, Floating Rate Note, 7/1/25 2,000,000 $2,035,136
Montgomery County Industrial Development Authority Pennsylvania, 5.0%, 12/1/24 1,000,000 $1,041,771
Montgomery County Industrial Development Authority Pennsylvania, 5.0%, 12/1/30 1,000,000 $1,029,771
Multnomah County School District No 40, 0.0%, 6/15/30 2,000,000 $1,096,800
Multnomah County School District No 40, 0.0%, 6/15/31 2,000,000 $1,026,360
Multnomah County School District No 40, 0.0%, 6/15/32 1,715,000 $837,314
New Hampshire Health and Education Facilities Authority Act, 5.0%, 10/1/32 5,000,000 $5,367,522
New Hampshire Health and Education Facilities Authority Act, 5.0%, 10/1/37 3,750,000 $3,967,442
New Jersey Economic Development Authority, 5.3%, 11/1/26 475,000 $434,729
New Jersey Economic Development Authority, 5.375%, 11/1/36 450,000 $374,039
New Jersey Educational Facilities Authority, 5.0%, 7/1/39 3,000,000 $3,438,673
New Jersey Health Care Facilities Financing Authority, 5.25%, 7/1/30 5,115,000 $5,353,738
New Jersey Transportation Trust Fund Authority, 5.5%, 6/15/41 2,000,000 $2,273,117
New York State Dormitory Authority, 5.0%, 10/1/41 5,030,000 $5,870,284
New York State Dormitory Authority, 5.25%, 7/1/24 5,515,000 $6,389,481
North Texas Tollway Authority, 5.0%, 1/1/38 2,000,000 $2,190,089
Oregon Health & Science University, 4.0%, 7/1/31 1,000,000 $1,053,116
Pennsylvania Higher Educational Facilities Authority, 5.0%, 7/1/42 1,000,000 $1,039,254
Pennsylvania Higher Educational Facilities Authority, 6.0%, 7/1/43 1,000,000 $1,070,753
Pennsylvania Higher Educational Facilities Authority, Floating Rate Note, 7/1/39 11,500,000 $9,012,511
Pennsylvania Turnpike Commission, 5.3%, 12/1/41 5,000,000 $5,463,464
Philadelphia Authority for Industrial Development, 5.0%, 7/1/42 2,500,000 $2,856,725
Philadelphia Authority for Industrial Development, 6.75%, 6/15/43 (144A) 1,000,000 $1,035,013
Philadelphia Hospitals & Higher Education Facilities Authority, 4.5%, 7/1/37 2,000,000 $2,074,270
Philadelphia Hospitals & Higher Education Facilities Authority, 5.0%, 7/1/34 5,000,000 $4,935,922
Pomona Unified School District, 6.55%, 8/1/29 2,180,000 $2,930,435
Port Authority of New York & New Jersey, 6.0%, 12/1/36 1,000,000 $1,176,683
Port Authority of New York & New Jersey, 6.0%, 12/1/42 3,400,000 $3,979,813
Port Authority of New York & New Jersey, 6.125%, 6/1/94 1,500,000 $1,801,984
Private Colleges & Universities Authority, 5.0%, 10/1/43 2,750,000 $3,192,212
Public Authority for Colorado Energy, 6.5%, 11/15/38 6,500,000 $8,978,634
Public Utility District No. 1 of Franklin County, 5.0%, 9/1/38 1,500,000 $1,665,137
Regional Transportation District, 6.0%, 1/15/26 2,500,000 $2,891,725
Regional Transportation District, 6.0%, 1/15/34 1,250,000 $1,410,288
Regional Transportation District, 6.0%, 1/15/41 1,000,000 $1,122,640
Regional Transportation District, 6.5%, 1/15/30 2,000,000 $2,332,990
Rialto Redevelopment Agency, 6.25%, 9/1/37 3,000,000 $3,372,109
San Jose Evergreen Community College District, 5.0%, 8/1/41 1,500,000 $1,673,652
Santa Cruz County Redevelopment Agency, 6.625%, 9/1/29 1,500,000 $1,820,761
Santa Maria Joint Union High School District, 0.0%, 8/1/27 1,405,000 $864,553
SHELL 200 $670,400
South Carolina State Public Service Authority, 5.0%, 12/1/43 8,265,000 $9,167,630
South Carolina State Public Service Authority, 5.5%, 12/1/54 5,000,000 $5,686,958
South Dakota Conservancy District, 5.625%, 8/1/17 (Pre-Refunded) 65,000 $65,592
State of Arkansas, 5.0%, 10/1/18 6,345,000 $7,534,906
State of Connecticut, 4.0%, 9/1/30 5,000,000 $5,377,872
State of Georgia, 4.0%, 10/1/22 5,000,000 $5,904,228
State of Georgia, 5.0%, 12/1/18 7,665,000 $9,079,814
State of Maryland, 4.5%, 8/1/19 3,500,000 $4,083,083
State of Maryland, 5.0%, 3/1/21 10,000,000 $12,380,300
State of Minnesota, 4.0%, 8/1/17 5,025,000 $5,543,491
State of South Carolina, 5.0%, 4/1/20 500,000 $610,282
State of Washington, 5.0%, 8/1/36 5,000,000 $5,759,789
St Johns County Industrial Development Authority, 6.0%, 8/1/45 3,400,000 $3,708,255
Sylacauga Health Care Authority, 6.0%, 8/1/35 (Pre-Refunded) 1,500,000 $1,586,960
Texas Municipal Gas Acquisition & Supply Corp III, 5.0%, 12/15/31 4,000,000 $4,344,827
Texas Private Activity Bond Surface Transportation Corp., 7.0%, 6/30/40 10,410,000 $12,646,137
Texas State Public Finance Authority Charter School Finance Corp., 6.2%, 2/15/40 2,255,000 $2,541,979
Texas Transportation Commission State Highway Fund, 5.0%, 4/1/23 4,500,000 $5,665,030
The Industrial Development Authority of the County of Pima, 6.1%, 6/1/45 500,000 $522,420
The Industrial Development Authority of the County of Pima, 6.75%, 7/1/31 19,000 $19,266
The University of Texas System, 5.0%, 8/15/20 6,100,000 $7,371,931
The University of Texas System, 5.0%, 8/15/24 5,000,000 $6,317,917
Tobacco Securitization Authority of Southern California, 5.0%, 6/1/37 3,750,000 $3,039,492
Tobacco Securitization Authority of Southern California, 5.125%, 6/1/46 1,125,000 $868,826
Tobacco Settlement Financing Corp. Rhode Island, 6.25%, 6/1/42 5,200,000 $5,280,451
Tobacco Settlement Financing Corp. Virginia, 5.0%, 6/1/47 13,990,000 $9,592,819
Town of Chatham Massachusetts, 3.5%, 6/15/37 2,000,000 $2,029,363
Town of Wilmington Massachusetts, 4.0%, 3/15/37 4,500,000 $4,739,550
University of Massachusetts Building Authority, 5.0%, 11/1/39 2,500,000 $2,860,644
University of Minnesota, 3.0%, 1/1/18 1,445,000 $1,559,357
University of Minnesota, 4.0%, 1/1/20 600,000 $685,552
University of Minnesota, 4.0%, 1/1/29 1,000,000 $1,093,777
University of Minnesota, 4.0%, 1/1/30 860,000 $934,774
University of Missouri, 5.0%, 11/1/25 5,500,000 $6,948,651
University of Virginia, 5.0%, 6/1/37 4,000,000 $4,691,324
University of Virginia, 5.0%, 6/1/43 5,000,000 $5,805,806
University of Washington, 5.0%, 6/1/37 5,600,000 $6,223,790
Utah State Charter School Finance Authority, 5.75%, 7/15/20 500,000 $547,359
Virginia Public School Authority, 4.0%, 8/1/25 5,000,000 $5,744,811
Washington County Industrial Development Authority Virginia, 7.75%, 7/1/38 7,500,000 $8,930,410
Washington Health Care Facilities Authority, 4.25%, 10/1/37 1,000,000 $1,048,650
Washington Health Care Facilities Authority, 5.25%, 10/1/33 5,000,000 $5,736,946
Washington Health Care Facilities Authority, 6.125%, 8/15/37 2,400,000 $2,613,809
Washington State Housing Finance Commission, 5.25%, 1/1/17 1,635,000 $1,673,364
Washington Suburban Sanitary Commission, 4.0%, 6/1/16 7,300,000 $7,873,593
Wisconsin Health & Educational Facilities Authority, 5.125%, 8/15/35 3,000,000 $3,228,196

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