Pioneer AMT-Free Municipal Fund

Top 10 Portfolio Holdings as of 1/30/2015
Default: sorted by market value

Security Name Par / Shares Market Value
Adams-Friendship Area School District, 6.5%, 4/1/16 1,430,000 $1,559,310
Alameda Corridor Transportation Authority, 0.0%, 10/1/31 10,000,000 $5,374,300
Albany Industrial Development Agency, 5.25%, 11/15/32 2,500,000 $2,767,908
Allentown Area Hospital Authority, 6.0%, 11/15/16 (Pre-Refunded) 835,000 $879,344
Anaheim Public Financing Authority, 0.0%, 9/1/22 2,260,000 $1,902,423
Anaheim Public Financing Authority, 0.0%, 9/1/36 12,595,000 $5,156,771
Arizona Health Facilities Authority, 5.5%, 1/1/38 5,145,000 $5,656,739
Beaver County Industrial Development Authority, Floating Rate Note, 12/1/35 5,000,000 $5,283,767
BlackRock Liquidity Funds MuniFund Portfolio 12,500,000 $12,500,000
Buckeye Tobacco Settlement Financing Authority, 5.75%, 6/1/34 10,000,000 $8,520,333
Buckeye Tobacco Settlement Financing Authority, 6.5%, 6/1/47 6,000,000 $5,589,140
Burke County Development Authority, 7.0%, 1/1/23 5,750,000 $6,717,572
California County Tobacco Securitization Agency, 0.0%, 6/1/33 3,370,000 $973,189
California Health Facilities Financing Authority, 5.625%, 7/1/32 (Pre-Refunded) 2,000,000 $2,055,535
California Municipal Finance Authority, 5.25%, 2/1/37 4,000,000 $4,335,480
California Statewide Communities Development Authority, 5.0%, 5/15/30 4,875,000 $5,072,075
California Statewide Communities Development Authority, 5.75%, 7/1/47 10,000,000 $11,464,717
California Statewide Communities Development Authority, 5.75%, 8/15/38 4,000,000 $4,580,056
Central Texas Regional Mobility Authority, 0.0%, 1/1/25 7,100,000 $4,916,182
Central Texas Regional Mobility Authority, 0.0%, 1/1/26 3,550,000 $2,350,988
Central Texas Regional Mobility Authority, 0.0%, 1/1/27 3,000,000 $1,886,490
Central Texas Regional Mobility Authority, 6.75%, 1/1/41 2,500,000 $3,106,113
City of Pearland Texas, 4.0%, 3/1/29 5,000,000 $5,533,633
City of Phoenix Arizona, 4.0%, 7/1/21 5,000,000 $5,823,917
City of Raleigh North Carolina, 5.0%, 9/1/20 4,000,000 $4,935,853
City of Tallahassee Florida, 6.375%, 12/1/30 7,500,000 $7,609,388
Colorado Health Facilities Authority, Floating Rate Note, 11/15/35 2,750,000 $2,968,634
Commonwealth of Massachusetts, Floating Rate Note, 11/1/25 6,400,000 $6,321,857
County of Cuyahoga Ohio, 6.0%, 5/15/37 1,500,000 $1,565,710
County of Cuyahoga Ohio, 6.0%, 5/15/42 1,500,000 $1,563,400
County of Fairfax Virginia, 4.0%, 4/1/19 7,765,000 $8,863,307
County of Florence South Carolina, 4.0%, 6/1/20 7,500,000 $8,659,100
County of Frederick Maryland, 5.625%, 9/1/38 3,000,000 $3,092,963
County of Lake Ohio, 6.0%, 8/15/43 5,000,000 $5,749,533
County of Madison Florida, 6.0%, 7/1/25 445,000 $300,438
County of McLean North Dakota, 5.15%, 7/1/40 5,000,000 $5,454,658
County of Miami-Dade Florida Aviation Revenue, 5.5%, 10/1/41 5,000,000 $5,893,417
County of Warren Mississippi, 5.8%, 5/1/34 2,750,000 $3,175,700
Dallas Area Rapid Transit, 5.25%, 12/1/29 8,285,000 $11,118,139
Dallas County Utility & Reclamation District, 5.375%, 2/15/29 10,000,000 $10,976,147
Delaware State Economic Development Authority, 5.375%, 10/1/45 5,000,000 $5,616,383
Deschutes & Jefferson Counties School District No 2J Redmond Oregon, 3.0%, 6/15/32 3,000,000 $3,074,800
District of Columbia, 4.25%, 6/1/37 7,950,000 $8,181,690
District of Columbia Tobacco Settlement Financing Corp., 6.75%, 5/15/40 10,000,000 $10,144,500
Escambia County Health Facilities Authority, 6.0%, 8/15/36 3,000,000 $3,602,840
Florida's Turnpike Enterprise, 4.0%, 7/1/30 5,000,000 $5,554,017
Florida Development Finance Corp., 6.0%, 9/15/30 1,390,000 $1,506,311
Franklin-Mckinley School District, 6.0%, 7/1/16 645,000 $699,103
Fresno Joint Powers Financing Authority, 4.75%, 9/1/28 2,100,000 $2,141,983
FYI Properties, 5.5%, 6/1/39 10,000,000 $11,639,567
Golden State Tobacco Securitization Corp., 5.125%, 6/1/47 15,000,000 $12,252,475
Harris County Cultural Education Facilities Finance Corp., 5.0%, 6/1/28 1,000,000 $1,132,463
Harris County Cultural Education Facilities Finance Corp., 5.0%, 6/1/33 500,000 $555,302
Health & Educational Facilities Authority of the State of Missouri, 4.0%, 11/15/45 4,000,000 $4,132,516
Houston Higher Education Finance Corp., 5.0%, 5/15/35 2,750,000 $3,214,380
Illinois Finance Authority, 5.25%, 5/1/40 1,000,000 $1,107,925
Illinois Finance Authority, 5.5%, 8/15/30 4,000,000 $4,541,564
Illinois Finance Authority, 6.0%, 8/15/25 1,600,000 $1,682,539
Illinois Finance Authority, 6.125%, 5/15/27 650,000 $662,389
Illinois Finance Authority, 6.125%, 5/15/27 (Pre-Refunded) 350,000 $360,595
Illinois Finance Authority, 6.5%, 4/1/39 5,000,000 $5,687,433
Indiana Bond Bank, 5.5%, 2/1/29 2,000,000 $2,338,780
Indiana Finance Authority, 6.0%, 12/1/26 2,000,000 $2,269,320
Indiana Health & Educational Facilities Financing Authority, 4.75%, 2/15/34 5,000,000 $5,235,364
Indiana Health & Educational Facilities Financing Authority, 5.0%, 2/15/39 7,000,000 $7,368,659
Indianapolis Local Public Improvement Bond Bank, 6.0%, 1/10/20 380,000 $425,896
Jefferson Parish Hospital Service District No 2, 6.375%, 7/1/41 6,000,000 $7,129,275
JobsOhio Beverage System, 5.0%, 1/1/38 10,000,000 $11,563,667
John Tolfree Health System Corp., 6.0%, 9/15/23 1,385,000 $1,417,695
King County Housing Authority, 5.5%, 5/1/38 10,000,000 $11,329,000
King County Public Hospital District No 1, 5.25%, 12/1/37 3,000,000 $3,308,220
King County School District No 411 Issaquah, 4.5%, 12/1/30 3,000,000 $3,574,935
Lehigh County Industrial Development Authority, 4.75%, 2/15/27 5,000,000 $5,116,714
Long Beach Bond Finance Authority, 5.5%, 11/15/37 3,000,000 $3,861,243
Louisiana Local Government Environmental Facilities & Community Development Authority, 5.25%, 12/1/1 615,000 $647,257
Louisiana Public Facilities Authority, 5.5%, 5/15/47 10,000,000 $10,697,911
Louisiana State Citizens Property Insurance Corp., 5.0%, 6/1/24 500,000 $600,482
Louisiana State Citizens Property Insurance Corp., 5.0%, 6/1/24 400,000 $475,921
Maine Health & Higher Educational Facilities Authority, 6.75%, 7/1/36 4,500,000 $5,227,898
Maine Health & Higher Educational Facilities Authority, 6.95%, 7/1/41 3,040,000 $3,563,797
Maricopa County Pollution Control Corp., 5.0%, 6/1/35 1,000,000 $1,153,293
Maryland Economic Development Corp., 5.0%, 12/1/16 900,000 $422,220
Maryland Economic Development Corp., 5.0%, 12/1/16 400,000 $187,653
Maryland Economic Development Corp., 5.0%, 12/1/31 1,000,000 $469,133
Maryland Economic Development Corp., 6.2%, 9/1/22 2,000,000 $2,446,307
Maryland Health & Higher Educational Facilities Authority, 5.0%, 11/15/51 6,250,000 $7,185,660
Massachusetts Department of Transportation, 0.0%, 1/1/28 5,000,000 $3,544,850
Massachusetts Development Finance Agency, 3.5%, 7/1/44 3,000,000 $3,021,013
Massachusetts Development Finance Agency, 4.0%, 10/1/35 2,000,000 $2,133,247
Massachusetts Development Finance Agency, 4.0%, 9/1/49 2,500,000 $2,651,667
Massachusetts Development Finance Agency, 5.0%, 10/1/21 1,000,000 $1,218,997
Massachusetts Development Finance Agency, 5.0%, 10/1/22 1,000,000 $1,207,557
Massachusetts Development Finance Agency, 5.0%, 10/1/30 1,000,000 $1,132,867
Massachusetts Development Finance Agency, 5.0%, 10/1/48 4,000,000 $4,695,147
Massachusetts Development Finance Agency, 5.0%, 3/1/39 450,000 $533,202
Massachusetts Development Finance Agency, 5.0%, 6/1/25 1,585,000 $1,925,653
Massachusetts Development Finance Agency, 5.0%, 7/1/43 4,200,000 $4,989,166
Massachusetts Development Finance Agency, 5.0%, 7/1/44 4,000,000 $4,386,747
Massachusetts Development Finance Agency, 5.0%, 9/1/50 1,250,000 $1,449,967
Massachusetts Development Finance Agency, 5.125%, 7/1/26 1,000,000 $1,108,751
Massachusetts Development Finance Agency, 5.25%, 10/1/29 1,680,000 $1,848,655
Massachusetts Development Finance Agency, 5.25%, 10/1/37 3,320,000 $3,644,530
Massachusetts Development Finance Agency, 5.375%, 4/1/41 1,980,000 $2,320,019
Massachusetts Development Finance Agency, 5.5%, 1/1/35 500,000 $502,837
Massachusetts Development Finance Agency, 5.625%, 7/15/36 400,000 $458,664
Massachusetts Development Finance Agency, 5.75%, 1/1/42 6,185,000 $8,336,401
Massachusetts Development Finance Agency, 5.75%, 7/15/43 500,000 $575,128
Massachusetts Development Finance Agency, 6.25%, 10/15/17 1,855,000 $2,033,438
Massachusetts Development Finance Agency, 6.75%, 1/1/36 1,000,000 $1,216,045
Massachusetts Development Finance Agency, 7.0%, 7/1/42 1,000,000 $1,154,333
Massachusetts Health & Educational Facilities Authority, 4.125%, 10/1/37 2,000,000 $2,147,480
Massachusetts Health & Educational Facilities Authority, 4.625%, 8/15/28 4,500,000 $4,654,109
Massachusetts Health & Educational Facilities Authority, 5.25%, 7/1/38 (Pre-Refunded) 3,750,000 $4,003,444
Massachusetts Health & Educational Facilities Authority, 5.375%, 7/1/35 2,335,000 $2,627,083
Massachusetts Health & Educational Facilities Authority, 5.5%, 11/15/36 3,400,000 $4,014,758
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 12,000,000 $17,240,200
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/36 (Pre-Refunded) 1,000,000 $1,166,113
Massachusetts Port Authority, 5.0%, 7/1/32 1,000,000 $1,183,617
Massachusetts Port Authority, 5.0%, 7/1/33 1,000,000 $1,176,927
Massachusetts School Building Authority, 5.0%, 8/15/29 7,000,000 $8,597,439
Massachusetts State College Building Authority, 5.0%, 5/1/28 3,975,000 $4,838,847
Massachusetts Water Resources Authority, 5.25%, 8/1/36 2,420,000 $3,369,802
McGee Creek Authority, 6.0%, 1/1/23 4,715,000 $5,347,989
Metropolitan Pier & Exposition Authority, 0.0%, 6/15/39 20,000,000 $6,923,000
Metropolitan Pier & Exposition Authority, 7.0%, 7/1/26 (Pre-Refunded) 5,000,000 $6,830,967
Michigan Public Educational Facilities Authority, 5.875%, 6/1/37 3,165,000 $3,251,568
Michigan State Hospital Finance Authority, 5.25%, 11/15/25 2,000,000 $2,025,447
Michigan State Hospital Finance Authority, 5.5%, 11/15/35 1,000,000 $1,012,821
Missouri Development Finance Board, 5.25%, 11/1/42 2,000,000 $2,327,090
Missouri State Environmental Improvement & Energy Resources Authority, 5.125%, 1/1/20 75,000 $75,629
Mohegan Tribe of Indians of Connecticut, 6.25%, 1/1/31 2,470,000 $2,483,186
Monroe County Development Authority, Floating Rate Note, 7/1/25 2,000,000 $2,073,753
Montgomery County Industrial Development Authority Pennsylvania, 5.0%, 12/1/24 1,000,000 $1,038,683
Montgomery County Industrial Development Authority Pennsylvania, 5.0%, 12/1/30 1,000,000 $1,032,313
Multnomah County School District No 40, 0.0%, 6/15/30 2,000,000 $1,203,680
Multnomah County School District No 40, 0.0%, 6/15/31 2,000,000 $1,149,960
Multnomah County School District No 40, 0.0%, 6/15/32 1,715,000 $939,477
New Hampshire Health and Education Facilities Authority Act, 5.0%, 10/1/32 5,000,000 $5,469,883
New Hampshire Health and Education Facilities Authority Act, 5.0%, 10/1/37 3,750,000 $4,062,025
New Jersey Economic Development Authority, 5.3%, 11/1/26 475,000 $436,715
New Jersey Educational Facilities Authority, 5.0%, 7/1/39 3,000,000 $3,514,730
New Jersey Health Care Facilities Financing Authority, 5.25%, 7/1/30 5,115,000 $5,529,289
New Jersey Transportation Trust Fund Authority, 5.5%, 6/15/41 2,000,000 $2,319,696
New York State Dormitory Authority, 5.0%, 10/1/41 5,030,000 $6,007,262
New York State Dormitory Authority, 5.25%, 7/1/24 5,515,000 $6,558,190
North Texas Tollway Authority, 5.0%, 1/1/38 2,000,000 $2,244,633
Oregon Health & Science University, 4.0%, 7/1/31 1,000,000 $1,084,603
Pennsylvania Higher Educational Facilities Authority, 5.0%, 7/1/42 1,000,000 $1,065,427
Pennsylvania Higher Educational Facilities Authority, 6.0%, 7/1/43 1,000,000 $1,110,770
Pennsylvania Higher Educational Facilities Authority, Floating Rate Note, 7/1/39 11,500,000 $9,162,076
Pennsylvania Turnpike Commission, 5.3%, 12/1/41 5,000,000 $5,748,167
Philadelphia Authority for Industrial Development, 5.0%, 7/1/42 2,500,000 $2,949,392
Pomona Unified School District, 6.55%, 8/1/29 2,180,000 $3,040,315
Port Authority of New York & New Jersey, 6.125%, 6/1/94 1,500,000 $1,861,468
Private Colleges & Universities Authority, 5.0%, 10/1/43 2,750,000 $3,279,393
Public Utility District No. 1 of Franklin County, 5.0%, 9/1/38 1,500,000 $1,776,545
Regional Transportation District, 6.0%, 1/15/26 2,500,000 $2,913,217
Regional Transportation District, 6.0%, 1/15/34 1,250,000 $1,448,996
Regional Transportation District, 6.0%, 1/15/41 1,000,000 $1,148,327
Regional Transportation District, 6.5%, 1/15/30 2,000,000 $2,374,558
Rialto Redevelopment Agency, 6.25%, 9/1/37 3,000,000 $3,501,125
San Jose Evergreen Community College District, 5.0%, 8/1/41 1,500,000 $1,779,240
Santa Cruz County Redevelopment Agency, 6.625%, 9/1/29 1,500,000 $1,823,406
Santa Maria Joint Union High School District, 0.0%, 8/1/27 1,405,000 $933,918
SHELL 200 $578,000
South Carolina State Public Service Authority, 5.0%, 12/1/43 8,265,000 $9,455,601
South Dakota Conservancy District, 5.625%, 8/1/17 (Pre-Refunded) 65,000 $67,125
State of Arkansas, 5.0%, 10/1/18 6,345,000 $7,433,591
State of Connecticut, 4.0%, 9/1/30 5,000,000 $5,639,600
State of Florida, 3.0%, 6/1/29 10,000,000 $10,245,900
State of Georgia, 4.0%, 10/1/22 5,000,000 $5,997,867
State of Georgia, 5.0%, 12/1/18 7,665,000 $8,953,589
State of Maryland, 4.5%, 8/1/19 3,500,000 $4,132,940
State of Maryland, 5.0%, 3/1/21 10,000,000 $12,447,933
State of Minnesota, 4.0%, 8/1/17 5,025,000 $5,556,695
State of South Carolina, 5.0%, 4/1/20 500,000 $609,268
State of Texas, 5.0%, 4/1/29 5,000,000 $6,239,611
State of Washington, 5.0%, 8/1/36 5,000,000 $6,030,950
St Johns County Industrial Development Authority, 6.0%, 8/1/45 3,400,000 $4,023,322
Sylacauga Health Care Authority, 6.0%, 8/1/35 (Pre-Refunded) 1,500,000 $1,588,575
Texas Municipal Gas Acquisition & Supply Corp III, 5.0%, 12/15/31 4,000,000 $4,517,196
Texas Private Activity Bond Surface Transportation Corp., 7.0%, 6/30/40 10,410,000 $12,812,038
Texas State Public Finance Authority Charter School Finance Corp., 6.2%, 2/15/40 2,255,000 $2,687,980
Texas Transportation Commission State Highway Fund, 5.0%, 4/1/23 4,500,000 $5,737,440
The Industrial Development Authority of the County of Pima, 6.1%, 6/1/45 500,000 $533,423
The Industrial Development Authority of the County of Pima, 6.75%, 7/1/31 19,000 $19,218
The University of Texas System, 5.0%, 8/15/20 6,100,000 $7,526,458
The University of Texas System, 5.0%, 8/15/24 5,000,000 $6,549,678
Tobacco Securitization Authority of Southern California, 5.0%, 6/1/37 3,750,000 $3,248,788
Tobacco Securitization Authority of Southern California, 5.125%, 6/1/46 1,125,000 $966,872
Tobacco Settlement Financing Corp. Rhode Island, 6.25%, 6/1/42 5,200,000 $5,277,671
Tobacco Settlement Financing Corp. Virginia, 5.0%, 6/1/47 13,990,000 $10,286,194
Town of Chatham Massachusetts, 3.5%, 6/15/37 2,000,000 $2,081,224
Town of Reading Massachusetts, 3.0%, 4/15/20 1,590,000 $1,744,516
Town of Reading Massachusetts, 3.0%, 4/15/22 1,385,000 $1,531,561
Town of Reading Massachusetts, 3.0%, 4/15/23 1,625,000 $1,799,704
Town of Wilmington Massachusetts, 4.0%, 3/15/37 4,500,000 $4,860,590
University of Massachusetts Building Authority, 5.0%, 11/1/39 2,500,000 $2,936,650
University of Minnesota, 3.0%, 1/1/18 1,445,000 $1,546,656
University of Minnesota, 4.0%, 1/1/20 600,000 $689,126
University of Minnesota, 4.0%, 1/1/29 1,000,000 $1,123,423
University of Minnesota, 4.0%, 1/1/30 860,000 $961,053
University of Missouri, 5.0%, 11/1/25 5,500,000 $7,092,085
University of Virginia, 5.0%, 6/1/37 4,000,000 $4,824,733
University of Virginia, 5.0%, 6/1/43 5,000,000 $5,985,117
University of Washington, 5.0%, 6/1/37 (Pre-Refunded) 5,600,000 $6,174,859
Upper Occoquan Sewage Authority, 4.0%, 7/1/41 5,000,000 $5,507,861
Utah State Charter School Finance Authority, 5.75%, 7/15/20 500,000 $549,958
Virginia Public School Authority, 4.0%, 8/1/25 5,000,000 $5,989,550
Washington County Industrial Development Authority Virginia, 7.75%, 7/1/38 7,500,000 $9,012,663
Washington Health Care Facilities Authority, 5.25%, 10/1/33 5,000,000 $5,731,450
Washington Health Care Facilities Authority, 6.125%, 8/15/37 2,400,000 $2,721,991
Washington State Housing Finance Commission, 5.25%, 1/1/17 1,140,000 $1,167,856
Washington Suburban Sanitary Commission, 4.0%, 6/1/16 7,300,000 $7,713,010
Washington Suburban Sanitary Commission, 4.0%, 6/1/43 3,880,000 $4,238,960
Washington Suburban Sanitary Commission, 4.0%, 6/1/44 3,735,000 $4,077,371
Wisconsin Health & Educational Facilities Authority, 5.125%, 8/15/35 3,000,000 $3,371,586

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