Pioneer AMT-Free Municipal Fund

Top 10 Portfolio Holdings as of 2/27/2015
Default: sorted by market value

Security Name Par / Shares Market Value
Adams-Friendship Area School District, 6.5%, 4/1/16 1,430,000 $1,560,004
Alameda Corridor Transportation Authority, 0.0%, 10/1/31 10,000,000 $5,182,900
Albany Industrial Development Agency, 5.25%, 11/15/32 2,500,000 $2,846,702
Allentown Area Hospital Authority, 6.0%, 11/15/16 (Pre-Refunded) 835,000 $880,146
Anaheim Public Financing Authority, 0.0%, 9/1/22 2,260,000 $1,873,404
Anaheim Public Financing Authority, 0.0%, 9/1/36 12,595,000 $4,897,188
Arizona Health Facilities Authority, 5.5%, 1/1/38 5,145,000 $5,661,241
Beaver County Industrial Development Authority, Floating Rate Note, 12/1/35 5,000,000 $5,232,142
BlackRock Liquidity Funds MuniFund Portfolio 32,500,000 $32,500,000
Bra 5% 15may25 Braintree Mass 5,000,000 $6,231,500
Buckeye Tobacco Settlement Financing Authority, 5.75%, 6/1/34 10,000,000 $8,294,158
Buckeye Tobacco Settlement Financing Authority, 6.5%, 6/1/47 6,000,000 $5,446,970
Burke County Development Authority, 7.0%, 1/1/23 5,750,000 $6,701,472
California County Tobacco Securitization Agency, 0.0%, 6/1/33 3,370,000 $972,986
California Health Facilities Financing Authority, 5.625%, 7/1/32 (Pre-Refunded) 2,000,000 $2,055,633
California Municipal Finance Authority, 5.25%, 2/1/37 4,000,000 $4,212,190
California Statewide Communities Development Authority, 5.0%, 5/15/30 4,875,000 $5,161,336
California Statewide Communities Development Authority, 5.75%, 7/1/47 10,000,000 $11,414,442
California Statewide Communities Development Authority, 5.75%, 8/15/38 4,000,000 $4,501,106
Central Texas Regional Mobility Authority, 0.0%, 1/1/25 7,100,000 $4,830,911
Central Texas Regional Mobility Authority, 0.0%, 1/1/26 3,550,000 $2,303,098
Central Texas Regional Mobility Authority, 0.0%, 1/1/27 3,000,000 $1,842,150
Central Texas Regional Mobility Authority, 6.75%, 1/1/41 2,500,000 $3,087,294
Chawtr 4% 01dec43 Charlotte N C Storm Wtr Fee Re 3,000,000 $3,218,360
City of Pearland Texas, 4.0%, 3/1/29 5,000,000 $5,411,733
City of Phoenix Arizona, 4.0%, 7/1/21 5,000,000 $5,751,317
City of Raleigh North Carolina, 5.0%, 9/1/20 4,000,000 $4,882,133
City of Tallahassee Florida, 6.375%, 12/1/30 7,500,000 $7,645,022
Colorado Health Facilities Authority, Floating Rate Note, 11/15/35 2,750,000 $3,010,840
Commonwealth of Massachusetts, Floating Rate Note, 11/1/25 6,400,000 $6,319,189
County of Cuyahoga Ohio, 6.0%, 5/15/37 1,500,000 $1,565,905
County of Cuyahoga Ohio, 6.0%, 5/15/42 1,500,000 $1,564,315
County of Fairfax Virginia, 4.0%, 4/1/19 7,765,000 $8,794,277
County of Florence South Carolina, 4.0%, 6/1/20 7,500,000 $8,572,025
County of Frederick Maryland, 5.625%, 9/1/38 3,000,000 $3,097,789
County of Lake Ohio, 6.0%, 8/15/43 5,000,000 $5,661,283
County of Madison Florida, 6.0%, 7/1/25 445,000 $300,336
County of McLean North Dakota, 5.15%, 7/1/40 5,000,000 $5,375,171
County of Miami-Dade Florida Aviation Revenue, 5.5%, 10/1/41 5,000,000 $5,866,642
County of Warren Mississippi, 5.8%, 5/1/34 2,750,000 $3,159,970
Dallas Area Rapid Transit, 5.25%, 12/1/29 8,285,000 $10,725,740
Dallas County Utility & Reclamation District, 5.375%, 2/15/29 10,000,000 $10,715,410
Delaware State Economic Development Authority, 5.375%, 10/1/45 5,000,000 $5,587,490
Deschutes & Jefferson Counties School District No 2J Redmond Oregon, 3.0%, 6/15/32 3,000,000 $3,007,570
District of Columbia, 4.25%, 6/1/37 7,950,000 $8,139,058
District of Columbia Tobacco Settlement Financing Corp., 6.75%, 5/15/40 10,000,000 $10,194,025
Escambia County Health Facilities Authority, 6.0%, 8/15/36 3,000,000 $3,463,670
Fai 4% 01oct34 Fairfax Cnty Va 10,450,000 $11,306,378
Florida's Turnpike Enterprise, 4.0%, 7/1/30 5,000,000 $5,415,217
Florida Development Finance Corp., 6.0%, 9/15/30 1,390,000 $1,499,166
Franklin-Mckinley School District, 6.0%, 7/1/16 645,000 $699,322
Fresno Joint Powers Financing Authority, 4.75%, 9/1/28 2,100,000 $2,149,191
FYI Properties, 5.5%, 6/1/39 10,000,000 $11,573,417
Golden State Tobacco Securitization Corp., 5.125%, 6/1/47 15,000,000 $11,884,581
Harris County Cultural Education Facilities Finance Corp., 5.0%, 6/1/28 1,000,000 $1,109,313
Harris County Cultural Education Facilities Finance Corp., 5.0%, 6/1/33 500,000 $543,807
Health & Educational Facilities Authority of the State of Missouri, 4.0%, 11/15/45 4,000,000 $4,015,356
Houston Higher Education Finance Corp., 5.0%, 5/15/35 2,750,000 $3,190,978
Illinois Finance Authority, 5.25%, 5/1/40 1,000,000 $1,092,363
Illinois Finance Authority, 5.5%, 8/15/30 4,000,000 $4,390,064
Illinois Finance Authority, 6.0%, 8/15/25 1,600,000 $1,646,827
Illinois Finance Authority, 6.125%, 5/15/27 650,000 $663,835
Illinois Finance Authority, 6.125%, 5/15/27 (Pre-Refunded) 350,000 $360,645
Illinois Finance Authority, 6.5%, 4/1/39 5,000,000 $5,784,408
Indiana Bond Bank, 5.5%, 2/1/29 2,000,000 $2,270,690
Indiana Finance Authority, 6.0%, 12/1/26 2,000,000 $2,234,900
Indiana Health & Educational Facilities Financing Authority, 4.75%, 2/15/34 5,000,000 $5,200,326
Indiana Health & Educational Facilities Financing Authority, 5.0%, 2/15/39 7,000,000 $7,296,559
Indianapolis Local Public Improvement Bond Bank, 6.0%, 1/10/20 380,000 $425,847
Jefferson Parish Hospital Service District No 2, 6.375%, 7/1/41 6,000,000 $7,086,143
JobsOhio Beverage System, 5.0%, 1/1/38 10,000,000 $11,311,367
John Tolfree Health System Corp., 6.0%, 9/15/23 1,385,000 $1,423,748
King County Housing Authority, 5.5%, 5/1/38 10,000,000 $11,298,750
King County Public Hospital District No 1, 5.25%, 12/1/37 3,000,000 $3,309,143
King County School District No 411 Issaquah, 4.5%, 12/1/30 3,000,000 $3,488,850
Lehigh County Industrial Development Authority, 4.75%, 2/15/27 5,000,000 $5,014,426
Long Beach Bond Finance Authority, 5.5%, 11/15/37 3,000,000 $3,745,248
Louisiana Local Government Environmental Facilities & Community Development Authority, 5.25%, 12/1/1 385,000 $404,495
Louisiana Public Facilities Authority, 5.5%, 5/15/47 10,000,000 $10,645,961
Louisiana State Citizens Property Insurance Corp., 5.0%, 6/1/24 500,000 $591,027
Louisiana State Citizens Property Insurance Corp., 5.0%, 6/1/24 400,000 $468,493
Maine Health & Higher Educational Facilities Authority, 6.75%, 7/1/36 4,500,000 $5,199,919
Maine Health & Higher Educational Facilities Authority, 6.95%, 7/1/41 3,040,000 $3,544,865
Maricopa County Pollution Control Corp., 5.0%, 6/1/35 1,000,000 $1,145,123
Maryland Economic Development Corp., 5.0%, 12/1/16 400,000 $218,613
Maryland Economic Development Corp., 5.0%, 12/1/16 900,000 $491,880
Maryland Economic Development Corp., 6.2%, 9/1/22 2,000,000 $2,435,607
Maryland Health & Higher Educational Facilities Authority, 5.0%, 11/15/51 6,250,000 $7,086,347
Masdev 4% 15aug38 Massachusetts St Dev Fin Agy R 1,000,000 $1,034,842
Masmed 5.25% 01jul38 Massachusetts St Health & Edl 3,355,000 $3,623,475
Masmed 5.25% 01jul38 Massachusetts St Health & Edl 395,000 $453,781
Massachusetts Department of Transportation, 0.0%, 1/1/28 5,000,000 $3,449,950
Massachusetts Development Finance Agency, 3.5%, 7/1/44 3,000,000 $2,911,168
Massachusetts Development Finance Agency, 4.0%, 10/1/35 2,000,000 $2,090,727
Massachusetts Development Finance Agency, 4.0%, 9/1/49 2,500,000 $2,596,592
Massachusetts Development Finance Agency, 5.0%, 10/1/21 1,000,000 $1,204,707
Massachusetts Development Finance Agency, 5.0%, 10/1/22 1,000,000 $1,191,067
Massachusetts Development Finance Agency, 5.0%, 10/1/30 1,000,000 $1,133,547
Massachusetts Development Finance Agency, 5.0%, 10/1/48 4,000,000 $4,585,587
Massachusetts Development Finance Agency, 5.0%, 3/1/39 450,000 $520,274
Massachusetts Development Finance Agency, 5.0%, 6/1/25 1,585,000 $1,897,932
Massachusetts Development Finance Agency, 5.0%, 7/1/43 4,200,000 $4,862,494
Massachusetts Development Finance Agency, 5.0%, 7/1/44 4,000,000 $4,298,267
Massachusetts Development Finance Agency, 5.0%, 9/1/50 1,250,000 $1,420,192
Massachusetts Development Finance Agency, 5.125%, 7/1/26 1,000,000 $1,121,165
Massachusetts Development Finance Agency, 5.25%, 10/1/29 1,680,000 $1,850,146
Massachusetts Development Finance Agency, 5.25%, 10/1/37 3,320,000 $3,648,605
Massachusetts Development Finance Agency, 5.375%, 4/1/41 1,980,000 $2,280,599
Massachusetts Development Finance Agency, 5.5%, 1/1/35 500,000 $504,754
Massachusetts Development Finance Agency, 5.625%, 7/15/36 400,000 $449,484
Massachusetts Development Finance Agency, 5.75%, 1/1/42 6,185,000 $8,044,113
Massachusetts Development Finance Agency, 5.75%, 7/15/43 500,000 $563,699
Massachusetts Development Finance Agency, 6.25%, 10/15/17 1,855,000 $2,028,146
Massachusetts Development Finance Agency, 6.75%, 1/1/36 1,000,000 $1,198,498
Massachusetts Development Finance Agency, 7.0%, 7/1/42 1,000,000 $1,148,933
Massachusetts Health & Educational Facilities Authority, 4.125%, 10/1/37 2,000,000 $2,102,188
Massachusetts Health & Educational Facilities Authority, 4.625%, 8/15/28 4,500,000 $4,554,496
Massachusetts Health & Educational Facilities Authority, 5.375%, 7/1/35 2,335,000 $2,590,380
Massachusetts Health & Educational Facilities Authority, 5.5%, 11/15/36 3,400,000 $3,996,313
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 12,000,000 $16,531,540
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/36 (Pre-Refunded) 1,000,000 $1,159,908
Massachusetts Port Authority, 5.0%, 7/1/32 1,000,000 $1,165,957
Massachusetts Port Authority, 5.0%, 7/1/33 1,000,000 $1,163,787
Massachusetts School Building Authority, 5.0%, 8/15/29 7,000,000 $8,234,279
Massachusetts State College Building Authority, 5.0%, 5/1/28 3,975,000 $4,735,378
Massachusetts Water Resources Authority, 5.25%, 8/1/36 2,420,000 $3,190,111
McGee Creek Authority, 6.0%, 1/1/23 4,715,000 $5,342,849
Metropolitan Pier & Exposition Authority, 0.0%, 6/15/39 20,000,000 $6,545,200
Metropolitan Pier & Exposition Authority, 7.0%, 7/1/26 (Pre-Refunded) 5,000,000 $6,768,617
Michigan Public Educational Facilities Authority, 5.875%, 6/1/37 3,165,000 $3,252,980
Michigan State Hospital Finance Authority, 5.25%, 11/15/25 2,000,000 $2,031,762
Michigan State Hospital Finance Authority, 5.5%, 11/15/35 1,000,000 $1,016,206
Missouri Development Finance Board, 5.25%, 11/1/42 2,000,000 $2,273,365
Missouri State Environmental Improvement & Energy Resources Authority, 5.125%, 1/1/20 75,000 $75,918
Mohegan Tribe of Indians of Connecticut, 6.25%, 1/1/31 2,470,000 $2,494,467
Monroe County Development Authority, Floating Rate Note, 7/1/25 2,000,000 $2,063,673
Montgomery County Industrial Development Authority Pennsylvania, 5.0%, 12/1/24 1,000,000 $1,037,403
Montgomery County Industrial Development Authority Pennsylvania, 5.0%, 12/1/30 1,000,000 $1,030,503
Multnomah County School District No 40, 0.0%, 6/15/30 2,000,000 $1,169,140
Multnomah County School District No 40, 0.0%, 6/15/31 2,000,000 $1,112,320
Multnomah County School District No 40, 0.0%, 6/15/32 1,715,000 $907,972
New Hampshire Health and Education Facilities Authority Act, 5.0%, 10/1/32 5,000,000 $5,432,283
New Hampshire Health and Education Facilities Authority Act, 5.0%, 10/1/37 3,750,000 $4,037,313
New Jersey Economic Development Authority, 5.3%, 11/1/26 475,000 $433,046
New Jersey Educational Facilities Authority, 5.0%, 7/1/39 3,000,000 $3,446,030
New Jersey Health Care Facilities Financing Authority, 5.25%, 7/1/30 5,115,000 $5,495,006
New Jersey Transportation Trust Fund Authority, 5.5%, 6/15/41 2,000,000 $2,279,126
New York State Dormitory Authority, 5.0%, 10/1/41 5,030,000 $5,852,539
New York State Dormitory Authority, 5.25%, 7/1/24 5,515,000 $6,433,813
North Texas Tollway Authority, 5.0%, 1/1/38 2,000,000 $2,234,173
Nysgen Zero% 01jun38 New York Cntys Tob 10,000,000 $2,408,800
Oregon Health & Science University, 4.0%, 7/1/31 1,000,000 $1,061,643
Pashgr 5% 01sep39 Pennsylvania St Higher Edl Fac 4,750,000 $5,276,622
Pennsylvania Higher Educational Facilities Authority, 5.0%, 7/1/42 1,000,000 $1,059,977
Pennsylvania Higher Educational Facilities Authority, 6.0%, 7/1/43 1,000,000 $1,105,320
Pennsylvania Higher Educational Facilities Authority, Floating Rate Note, 7/1/39 11,500,000 $9,190,709
Pennsylvania Turnpike Commission, 5.3%, 12/1/41 5,000,000 $5,714,442
Philadelphia Authority for Industrial Development, 5.0%, 7/1/42 2,500,000 $2,885,017
Pomona Unified School District, 6.55%, 8/1/29 2,180,000 $2,910,698
Port Authority of New York & New Jersey, 6.125%, 6/1/94 1,500,000 $1,827,318
Private Colleges & Universities Authority, 5.0%, 10/1/43 2,750,000 $3,199,863
Public Utility District No. 1 of Franklin County, 5.0%, 9/1/38 1,500,000 $1,735,445
Regional Transportation District, 6.0%, 1/15/26 2,500,000 $2,897,617
Regional Transportation District, 6.0%, 1/15/34 1,250,000 $1,446,058
Regional Transportation District, 6.0%, 1/15/41 1,000,000 $1,154,707
Regional Transportation District, 6.5%, 1/15/30 2,000,000 $2,389,468
Rialto Redevelopment Agency, 6.25%, 9/1/37 3,000,000 $3,484,618
San Jose Evergreen Community College District, 5.0%, 8/1/41 1,500,000 $1,717,950
Santa Cruz County Redevelopment Agency, 6.625%, 9/1/29 1,500,000 $1,812,889
Santa Maria Joint Union High School District, 0.0%, 8/1/27 1,405,000 $908,052
Scaedu 3.25% 01dec27 Scago Edl Facs Corp For Picken 3,000,000 $2,991,990
Scaedu 3.25% 01dec28 Scago Edl Facs Corp For Picken 1,000,000 $980,920
SHELL 200 $578,000
South Carolina State Public Service Authority, 5.0%, 12/1/43 8,265,000 $9,270,713
South Dakota Conservancy District, 5.625%, 8/1/17 (Pre-Refunded) 65,000 $65,571
State of Arkansas, 5.0%, 10/1/18 6,345,000 $7,387,653
State of Connecticut, 4.0%, 9/1/30 5,000,000 $5,502,450
State of Florida, 3.0%, 6/1/29 10,000,000 $10,023,900
State of Georgia, 4.0%, 10/1/22 5,000,000 $5,896,717
State of Georgia, 5.0%, 12/1/18 7,665,000 $8,894,568
State of Maryland, 4.5%, 8/1/19 3,500,000 $4,022,218
State of Maryland, 5.0%, 3/1/21 10,000,000 $12,303,133
State of Minnesota, 4.0%, 8/1/17 5,025,000 $5,452,226
State of South Carolina, 5.0%, 4/1/20 500,000 $602,943
State of Texas, 5.0%, 4/1/29 7,525,000 $9,145,149
State of Washington, 5.0%, 8/1/36 5,000,000 $5,774,500
St Johns County Industrial Development Authority, 6.0%, 8/1/45 3,400,000 $3,867,976
Sylacauga Health Care Authority, 6.0%, 8/1/35 (Pre-Refunded) 1,500,000 $1,543,830
Texas Municipal Gas Acquisition & Supply Corp III, 5.0%, 12/15/31 4,000,000 $4,466,956
Texas Private Activity Bond Surface Transportation Corp., 7.0%, 6/30/40 10,410,000 $12,701,727
Texas State Public Finance Authority Charter School Finance Corp., 6.2%, 2/15/40 2,255,000 $2,604,184
Texas Transportation Commission State Highway Fund, 5.0%, 4/1/23 4,500,000 $5,636,820
The Industrial Development Authority of the County of Pima, 6.1%, 6/1/45 500,000 $532,106
The Industrial Development Authority of the County of Pima, 6.75%, 7/1/31 19,000 $19,281
The University of Texas System, 5.0%, 8/15/20 6,100,000 $7,292,706
The University of Texas System, 5.0%, 8/15/24 5,000,000 $6,293,878
Tobacco Securitization Authority of Southern California, 5.0%, 6/1/37 3,750,000 $3,237,125
Tobacco Securitization Authority of Southern California, 5.125%, 6/1/46 1,125,000 $953,860
Tobacco Settlement Financing Corp. Rhode Island, 6.25%, 6/1/42 5,200,000 $5,301,474
Tobacco Settlement Financing Corp. Virginia, 5.0%, 6/1/47 13,990,000 $10,199,036
Town of Chatham Massachusetts, 3.5%, 6/15/37 2,000,000 $2,035,914
Town of Reading Massachusetts, 3.0%, 4/15/20 1,590,000 $1,725,510
Town of Reading Massachusetts, 3.0%, 4/15/22 1,385,000 $1,507,693
Town of Reading Massachusetts, 3.0%, 4/15/23 1,625,000 $1,765,135
Town of Wilmington Massachusetts, 4.0%, 3/15/37 4,500,000 $4,760,870
University of Massachusetts Building Authority, 5.0%, 11/1/39 2,500,000 $2,882,975
University of Minnesota, 3.0%, 1/1/18 1,445,000 $1,539,821
University of Minnesota, 4.0%, 1/1/20 600,000 $682,022
University of Minnesota, 4.0%, 1/1/29 1,000,000 $1,097,283
University of Minnesota, 4.0%, 1/1/30 860,000 $938,753
University of Missouri, 5.0%, 11/1/25 5,500,000 $6,938,525
University of Virginia, 5.0%, 6/1/37 4,000,000 $4,706,013
University of Virginia, 5.0%, 6/1/43 5,000,000 $5,838,567
University of Washington, 5.0%, 6/1/37 (Pre-Refunded) 5,600,000 $6,222,403
Upper Occoquan Sewage Authority, 4.0%, 7/1/41 5,000,000 $5,340,561
Utah State Charter School Finance Authority, 5.75%, 7/15/20 500,000 $549,204
Uwahgr 5% 01jun28 University Wash Univ Revs 6,685,000 $8,138,386
Virginia Public School Authority, 4.0%, 8/1/25 5,000,000 $5,762,550
Was 5% 01jul30 Washington St For Issues Dtd P 10,390,000 $12,456,329
Washington County Industrial Development Authority Virginia, 7.75%, 7/1/38 7,500,000 $8,929,806
Washington Health Care Facilities Authority, 5.25%, 10/1/33 5,000,000 $5,715,288
Washington Health Care Facilities Authority, 6.125%, 8/15/37 2,400,000 $2,694,688
Washington State Housing Finance Commission, 5.25%, 1/1/17 1,140,000 $1,168,218
Washington Suburban Sanitary Commission, 4.0%, 6/1/16 7,300,000 $7,713,886
Washington Suburban Sanitary Commission, 4.0%, 6/1/43 3,880,000 $4,109,989
Washington Suburban Sanitary Commission, 4.0%, 6/1/44 3,735,000 $3,953,369
Wisconsin Health & Educational Facilities Authority, 5.125%, 8/15/35 3,000,000 $3,364,862

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