Pioneer AMT-Free Municipal Fund

Top 10 Portfolio Holdings as of 2/28/2014
Default: sorted by market value

Security Name Par / Shares Market Value
Adams-Friendship Area School District, 6.5%, 4/1/16 1,430,000 $1,639,199
Alameda Corridor Transportation Authority, 0.0%, 10/1/31 10,000,000 $4,158,800
Albany Industrial Development Agency, 5.25%, 11/15/32 2,500,000 $2,644,471
Allentown Area Hospital Authority, 6.0%, 11/15/16 (Pre-Refunded) 1,500,000 $1,616,125
Anaheim Public Financing Authority, 0.0%, 9/1/22 410,000 $301,723
Anaheim Public Financing Authority, 0.0%, 9/1/23 13,865,000 $9,827,789
Anaheim Public Financing Authority, 0.0%, 9/1/36 12,595,000 $3,387,677
Arizona Health Facilities Authority, 5.5%, 1/1/38 5,145,000 $5,492,373
Buckeye Tobacco Settlement Financing Authority, 5.75%, 6/1/34 10,000,000 $8,280,650
Buckeye Tobacco Settlement Financing Authority, 6.5%, 6/1/47 6,000,000 $5,431,980
Burke County Development Authority, 7.0%, 1/1/23 5,750,000 $6,809,706
California County Tobacco Securitization Agency, 0.0%, 6/1/33 3,515,000 $793,441
California Educational Facilities Authority, 5.25%, 4/1/40 1,000,000 $1,273,975
California Health Facilities Financing Authority, 5.625%, 7/1/32 2,000,000 $2,071,490
California Municipal Finance Authority, 5.25%, 2/1/37 4,000,000 $4,029,140
California Statewide Communities Development Authority, 5.0%, 5/15/30 4,875,000 $4,977,873
California Statewide Communities Development Authority, 5.0%, 8/15/47 6,455,000 $6,402,858
California Statewide Communities Development Authority, 5.25%, 11/15/48 10,000,000 $10,372,283
California Statewide Communities Development Authority, 5.375%, 12/1/37 4,000,000 $4,111,070
California Statewide Communities Development Authority, 5.75%, 7/1/47 10,000,000 $11,280,633
California Statewide Communities Development Authority, 5.75%, 8/15/38 4,000,000 $4,218,582
Central Texas Regional Mobility Authority, 0.0%, 1/1/25 7,100,000 $4,095,422
Central Texas Regional Mobility Authority, 0.0%, 1/1/26 3,000,000 $1,607,310
Central Texas Regional Mobility Authority, 0.0%, 1/1/27 3,000,000 $1,515,300
Central Texas Regional Mobility Authority, 6.75%, 1/1/41 2,500,000 $2,784,850
City of Cincinnati Ohio Water System Revenue, 5.0%, 12/1/36 2,000,000 $2,189,040
City of Cincinnati Ohio Water System Revenue, 5.0%, 12/1/37 2,250,000 $2,461,095
City of Phoenix Civic Improvement Corp., 7/1/25 3,000,000 $3,620,071
City of Phoenix Civic Improvement Corp., 7/1/26 8,005,000 $9,602,801
City of Phoenix Civic Improvement Corp., 7/1/43 10,000,000 $11,529,604
City of Richland Washington Electric Revenue, 4.0%, 11/1/42 1,000,000 $901,233
City of Seattle Washington Drainage & Wastewater Revenue, 4.0%, 9/1/37 10,000,000 $10,200,000
City of Tallahassee Florida, 6.375%, 12/1/30 7,500,000 $7,650,281
Colorado Health Facilities Authority, Floating Rate Note, 11/15/35 2,750,000 $2,931,385
County of Cuyahoga Ohio, 6.0%, 5/15/37 1,500,000 $1,506,010
County of Cuyahoga Ohio, 6.0%, 5/15/42 1,500,000 $1,488,535
County of Dona Ana New Mexico, 5.25%, 12/1/25 1,000,000 $1,023,575
County of Frederick Maryland, 5.625%, 9/1/38 3,000,000 $2,768,085
County of Lake Ohio, 6.0%, 8/15/43 5,000,000 $5,298,983
County of Madison Florida, 6.0%, 7/1/25 445,000 $431,125
County of McLean North Dakota, 5.15%, 7/1/40 5,000,000 $5,173,017
County of Miami-Dade Florida Aviation Revenue, 5.5%, 10/1/41 5,000,000 $5,481,683
County of Warren Mississippi, 5.8%, 5/1/34 2,750,000 $2,958,954
Dallas Area Rapid Transit, 5.25%, 12/1/29 8,285,000 $10,149,249
Dallas County Utility & Reclamation District, 5.375%, 2/15/29 10,000,000 $10,806,089
Delaware State Economic Development Authority, 5.375%, 10/1/45 5,000,000 $5,207,479
Deschutes & Jefferson Counties School District No 2J Redmond Oregon, 3.0%, 6/15/32 3,000,000 $2,679,220
District of Columbia, 4.25%, 6/1/37 7,950,000 $7,793,822
District of Columbia Tobacco Settlement Financing Corp., 6.75%, 5/15/40 10,000,000 $10,197,650
E-470 Public Highway Authority, 0.0%, 9/1/23 15,000,000 $10,034,250
E-470 Public Highway Authority, 0.0%, 9/1/27 5,000,000 $2,572,700
Eagle Mountain & Saginaw Independent School District, 3.375%, 8/15/32 580,000 $533,113
Escambia County Health Facilities Authority, 6.0%, 8/15/36 3,000,000 $3,197,420
Florida Development Finance Corp., 6.0%, 9/15/30 1,390,000 $1,399,892
Franklin County Public Utility District, 5.0%, 9/1/38 1,500,000 $1,597,158
Franklin-Mckinley School District, 6.0%, 7/1/16 1,000,000 $1,136,870
Fresno Joint Powers Financing Authority, 4.75%, 9/1/28 2,100,000 $1,969,275
FYI Properties, 5.5%, 6/1/39 10,000,000 $10,851,600
Golden State Tobacco Securitization Corp., 5.125%, 6/1/47 15,000,000 $11,427,938
Greater Orlando Aviation Authority, 5.0%, 10/1/25 1,830,000 $2,090,159
Harris County Cultural Education Facilities Finance Corp., 5.0%, 6/1/28 1,000,000 $1,038,520
Harris County Cultural Education Facilities Finance Corp., 5.0%, 6/1/33 500,000 $504,985
Health & Educational Facilities Authority of the State of Missouri, 4.0%, 11/15/42 5,795,000 $5,169,127
Houston Higher Education Finance Corp., 5.0%, 5/15/40 390,000 $436,430
Illinois Finance Authority, 5.1%, 8/15/31 3,000,000 $3,016,850
Illinois Finance Authority, 5.25%, 5/1/40 1,000,000 $1,036,950
Illinois Finance Authority, 5.5%, 8/15/30 4,000,000 $4,103,258
Illinois Finance Authority, 6.0%, 8/15/25 1,600,000 $1,649,163
Illinois Finance Authority, 6.125%, 5/15/27 1,000,000 $1,030,525
Illinois Finance Authority, 6.5%, 4/1/39 5,000,000 $5,271,417
Indiana Bond Bank, 5.5%, 2/1/29 2,000,000 $2,223,087
Indiana Finance Authority, 6.0%, 12/1/26 2,000,000 $2,064,160
Indiana Health & Educational Facilities Financing Authority, 4.75%, 2/15/34 5,000,000 $5,045,856
Indiana Health & Educational Facilities Financing Authority, 5.0%, 2/15/39 7,000,000 $7,089,686
Indianapolis Local Public Improvement Bond Bank, 6.0%, 1/10/20 440,000 $504,192
Jefferson Parish Hospital Service District No 2, 6.375%, 7/1/41 6,000,000 $6,410,190
JobsOhio Beverage System, 5.0%, 1/1/38 10,000,000 $10,570,633
John Tolfree Health System Corp., 6.0%, 9/15/23 1,500,000 $1,516,360
King County Housing Authority, 5.5%, 5/1/38 10,000,000 $10,768,433
King County Public Hospital District No 1, 5.25%, 12/1/37 3,000,000 $3,151,365
Lee County Industrial Development Authority Florida, 4.75%, 6/15/14 765,000 $776,366
Lee County Industrial Development Authority Florida, 5.375%, 6/15/37 2,000,000 $1,919,534
Lehigh County Industrial Development Authority, 4.75%, 2/15/27 5,000,000 $5,046,306
Long Beach Bond Finance Authority, 5.5%, 11/15/37 3,000,000 $3,348,283
Louisiana Local Government Environmental Facilities & Community Development Authority, 5.25%, 12/1/1 615,000 $625,636
Louisiana Public Facilities Authority, 5.5%, 5/15/47 10,000,000 $10,315,744
Louisiana State Citizens Property Insurance Corp., 5.0%, 6/1/24 400,000 $447,188
Louisiana State Citizens Property Insurance Corp., 5.0%, 6/1/24 500,000 $564,140
Maine Health & Higher Educational Facilities Authority, 6.75%, 7/1/36 4,500,000 $4,937,085
Maine Health & Higher Educational Facilities Authority, 6.95%, 7/1/41 3,040,000 $3,358,572
Main Street Natural Gas, Inc., 5.5%, 9/15/28 5,000,000 $5,633,706
Maricopa County Pollution Control Corp., 5.0%, 6/1/35 1,000,000 $1,060,550
Maryland Economic Development Corp., 5.0%, 12/1/16 900,000 $461,025
Maryland Economic Development Corp., 5.0%, 12/1/16 400,000 $204,900
Maryland Economic Development Corp., 5.0%, 12/1/31 1,000,000 $512,250
Maryland Economic Development Corp., 6.2%, 9/1/22 2,000,000 $2,429,060
Maryland Health & Higher Educational Facilities Authority, 5.0%, 11/15/51 6,250,000 $6,551,576
Maryland Health & Higher Educational Facilities Authority, 5.75%, 7/1/38 4,400,000 $4,301,895
Massachusetts Development Finance Agency, 4.0%, 10/1/35 2,000,000 $1,946,713
Massachusetts Development Finance Agency, 4.0%, 9/1/49 2,500,000 $2,285,100
Massachusetts Development Finance Agency, 5.0%, 10/1/21 1,000,000 $1,196,863
Massachusetts Development Finance Agency, 5.0%, 10/1/22 1,000,000 $1,175,323
Massachusetts Development Finance Agency, 5.0%, 10/1/30 1,000,000 $1,065,063
Massachusetts Development Finance Agency, 5.0%, 10/1/48 4,000,000 $4,251,253
Massachusetts Development Finance Agency, 5.0%, 3/1/39 450,000 $477,400
Massachusetts Development Finance Agency, 5.0%, 6/1/25 1,585,000 $1,827,711
Massachusetts Development Finance Agency, 5.0%, 7/1/43 4,200,000 $4,593,596
Massachusetts Development Finance Agency, 5.0%, 7/1/44 4,000,000 $3,977,733
Massachusetts Development Finance Agency, 5.0%, 9/1/50 1,250,000 $1,323,238
Massachusetts Development Finance Agency, 5.125%, 7/1/26 1,000,000 $1,033,052
Massachusetts Development Finance Agency, 5.15%, 10/1/14 125,000 $129,457
Massachusetts Development Finance Agency, 5.25%, 10/1/29 1,680,000 $1,750,216
Massachusetts Development Finance Agency, 5.25%, 10/1/37 3,320,000 $3,419,451
Massachusetts Development Finance Agency, 5.375%, 4/1/41 1,980,000 $2,156,925
Massachusetts Development Finance Agency, 5.5%, 1/1/35 500,000 $490,653
Massachusetts Development Finance Agency, 5.625%, 10/1/24 1,100,000 $1,136,539
Massachusetts Development Finance Agency, 5.625%, 7/15/36 400,000 $415,368
Massachusetts Development Finance Agency, 5.7%, 10/1/34 1,000,000 $1,029,700
Massachusetts Development Finance Agency, 5.75%, 1/1/42 6,185,000 $7,210,494
Massachusetts Development Finance Agency, 5.75%, 7/15/43 500,000 $522,356
Massachusetts Development Finance Agency, 6.25%, 10/15/17 2,400,000 $2,640,699
Massachusetts Development Finance Agency, 6.75%, 1/1/36 1,000,000 $1,157,610
Massachusetts Development Finance Agency, 7.0%, 7/1/42 1,000,000 $1,109,457
Massachusetts Health & Educational Facilities Authority, 4.125%, 10/1/37 2,000,000 $1,939,955
Massachusetts Health & Educational Facilities Authority, 4.625%, 8/15/28 4,500,000 $4,049,215
Massachusetts Health & Educational Facilities Authority, 5.25%, 7/1/38 3,750,000 $3,837,713
Massachusetts Health & Educational Facilities Authority, 5.375%, 7/1/35 2,335,000 $2,409,202
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 12,000,000 $15,623,600
Massachusetts Port Authority, 5.0%, 7/1/32 1,000,000 $1,104,623
Massachusetts Port Authority, 5.0%, 7/1/33 1,000,000 $1,098,613
Massachusetts School Building Authority, 5.0%, 8/15/29 7,000,000 $7,987,786
Massachusetts State College Building Authority, 5.0%, 5/1/28 3,975,000 $4,566,427
Massachusetts Water Resources Authority, 5.25%, 8/1/36 2,420,000 $2,867,664
McGee Creek Authority, 6.0%, 1/1/23 5,165,000 $5,923,067
Metropolitan Pier & Exposition Authority, 0.0%, 6/15/39 20,000,000 $5,056,600
Metropolitan Pier & Exposition Authority, 7.0%, 7/1/26 (Pre-Refunded) 5,000,000 $6,832,183
Michigan Public Educational Facilities Authority, 5.875%, 6/1/37 3,235,000 $3,052,279
Michigan State Hospital Finance Authority, 5.25%, 11/15/25 2,000,000 $1,923,517
Michigan State Hospital Finance Authority, 5.5%, 11/15/35 1,000,000 $903,784
Missouri Development Finance Board, 5.25%, 11/1/42 2,000,000 $2,146,827
Missouri State Environmental Improvement & Energy Resources Authority, 5.125%, 1/1/20 75,000 $75,959
Mohegan Tribe of Indians of Connecticut, 6.25%, 1/1/31 2,470,000 $2,496,223
Montgomery County Industrial Development Authority Pennsylvania, 5.0%, 12/1/24 1,000,000 $1,034,910
Montgomery County Industrial Development Authority Pennsylvania, 5.0%, 12/1/30 1,000,000 $1,018,150
Multnomah County School District No 40, 0.0%, 6/15/30 2,000,000 $959,200
Multnomah County School District No 40, 0.0%, 6/15/31 2,000,000 $880,160
Multnomah County School District No 40, 0.0%, 6/15/32 1,715,000 $712,085
Municipal Electric Authority of Georgia, 5.625%, 1/1/26 1,500,000 $1,743,083
New Hampshire Health and Education Facilities Authority Act, 4.0%, 10/1/33 1,500,000 $1,405,915
New Hampshire Health and Education Facilities Authority Act, 5.0%, 10/1/32 5,000,000 $5,229,367
New Hampshire Health and Education Facilities Authority Act, 5.0%, 10/1/37 3,750,000 $3,888,275
New Jersey Economic Development Authority, 5.3%, 11/1/26 475,000 $431,465
New Jersey Economic Development Authority, 5.375%, 11/1/36 450,000 $370,407
New Jersey Educational Facilities Authority, 5.0%, 7/1/39 3,000,000 $3,332,350
New Jersey Health Care Facilities Financing Authority, 5.25%, 7/1/30 5,115,000 $5,207,684
New Jersey Transportation Trust Fund Authority, 5.5%, 6/15/41 2,000,000 $2,198,142
New York State Dormitory Authority, 5.0%, 10/1/41 6,000,000 $6,638,600
New York State Dormitory Authority, 5.25%, 7/1/24 5,515,000 $6,214,137
North Carolina Medical Care Commission, 4.0%, 11/1/46 2,250,000 $2,000,550
North Carolina Medical Care Commission, 4.0%, 12/1/45 5,000,000 $4,408,450
North Texas Tollway Authority, 5.0%, 1/1/38 2,000,000 $2,096,747
Oregon Health & Science University, 4.0%, 7/1/31 1,000,000 $1,018,667
Pennsylvania Higher Educational Facilities Authority, 5.0%, 7/1/42 1,000,000 $923,513
Pennsylvania Higher Educational Facilities Authority, 6.0%, 7/1/43 1,000,000 $1,013,040
Pennsylvania Higher Educational Facilities Authority, Floating Rate Note, 7/1/39 11,500,000 $7,832,593
Pennsylvania Turnpike Commission, 5.3%, 12/1/41 5,000,000 $5,315,650
Philadelphia Authority for Industrial Development, 6.75%, 6/15/43 (144A) 1,000,000 $1,018,940
Philadelphia Hospitals & Higher Education Facilities Authority, 4.5%, 7/1/37 2,000,000 $2,031,560
Philadelphia Hospitals & Higher Education Facilities Authority, 5.0%, 7/1/34 5,000,000 $4,162,317
Pomona Unified School District, 6.55%, 8/1/29 2,180,000 $2,717,301
Port Authority of New York & New Jersey, 6.0%, 12/1/36 1,000,000 $1,105,140
Port Authority of New York & New Jersey, 6.0%, 12/1/42 3,400,000 $3,751,288
Port Authority of New York & New Jersey, 6.125%, 6/1/94 1,500,000 $1,733,284
Private Colleges & Universities Authority, 5.0%, 10/1/43 2,750,000 $3,055,724
Public Authority for Colorado Energy, 6.5%, 11/15/38 12,500,000 $15,878,736
Puerto Rico Public Buildings Authority, 5.25%, 7/1/33 (Pre-Refunded) 75,000 $76,915
Regional Transportation District, 6.0%, 1/15/26 2,500,000 $2,739,442
Regional Transportation District, 6.0%, 1/15/34 1,250,000 $1,327,771
Regional Transportation District, 6.0%, 1/15/41 1,000,000 $1,056,647
Regional Transportation District, 6.5%, 1/15/30 2,000,000 $2,210,651
Rialto Redevelopment Agency, 6.25%, 9/1/37 3,000,000 $3,234,270
San Jose Evergreen Community College District, 5.0%, 8/1/41 1,500,000 $1,608,175
Santa Cruz County Redevelopment Agency, 6.625%, 9/1/29 1,500,000 $1,758,503
Santa Maria Joint Union High School District, 0.0%, 8/1/27 1,405,000 $743,470
SHELL 200 $690,400
South Carolina State Public Service Authority, 5.0%, 12/1/43 8,265,000 $8,638,661
South Dakota Conservancy District, 5.625%, 8/1/17 (Pre-Refunded) 65,000 $65,612
South Davis Recreational District, 4.0%, 1/1/24 1,115,000 $1,224,723
State of South Carolina, 5.0%, 4/1/20 500,000 $613,627
St Johns County Industrial Development Authority, 6.0%, 8/1/45 3,400,000 $3,584,586
Sylacauga Health Care Authority, 6.0%, 8/1/35 1,500,000 $1,446,390
Texas Municipal Gas Acquisition & Supply Corp III, 5.0%, 12/15/31 4,000,000 $4,127,582
Texas Private Activity Bond Surface Transportation Corp., 7.0%, 6/30/40 10,410,000 $11,879,487
Texas State Public Finance Authority Charter School Finance Corp., 6.2%, 2/15/40 2,255,000 $2,419,605
The Industrial Development Authority of the County of Pima, 6.1%, 6/1/45 500,000 $478,425
The Industrial Development Authority of the County of Pima, 6.75%, 7/1/31 19,000 $19,220
Tobacco Securitization Authority of Southern California, 5.0%, 6/1/37 3,750,000 $2,934,225
Tobacco Securitization Authority of Southern California, 5.125%, 6/1/46 1,125,000 $840,513
Tobacco Settlement Financing Corp. Rhode Island, 6.25%, 6/1/42 5,200,000 $5,251,922
Tobacco Settlement Financing Corp. Virginia, 5.0%, 6/1/47 13,990,000 $9,966,476
Town of Chatham Massachusetts, 3.5%, 6/15/37 2,000,000 $1,872,398
Town of Wilmington Massachusetts, 4.0%, 3/15/37 4,500,000 $4,569,500
University of Massachusetts Building Authority, 5.0%, 11/1/39 2,500,000 $2,728,942
University of Virginia, 5.0%, 6/1/37 4,000,000 $4,510,720
University of Virginia, 5.0%, 6/1/43 5,000,000 $5,567,850
University of Washington, 5.0%, 6/1/37 5,600,000 $6,096,104
Utah State Charter School Finance Authority, 5.75%, 7/15/20 500,000 $539,119
Vermont Educational & Health Buildings Financing Agency, 5.0%, 7/1/24 1,295,000 $1,306,193
Virginia Housing Development Authority, 3.125%, 1/1/37 3,650,000 $3,044,240
Washington County Industrial Development Authority Virginia, 7.75%, 7/1/38 7,500,000 $8,709,350
Washington Health Care Facilities Authority, 4.25%, 10/1/37 1,000,000 $966,228
Washington Health Care Facilities Authority, 4.25%, 10/1/40 10,000,000 $9,483,283
Washington Health Care Facilities Authority, 5.25%, 10/1/33 5,000,000 $5,573,425
Washington Health Care Facilities Authority, 6.125%, 8/15/37 2,400,000 $2,572,601
Washington State Housing Finance Commission, 5.25%, 1/1/17 1,635,000 $1,634,330
Wayne State University, 4.0%, 11/15/44 4,850,000 $4,288,214
Wisconsin Health & Educational Facilities Authority, 5.125%, 8/15/35 3,000,000 $3,097,373

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