Pioneer Emerging Markets Fund

Top 10 Portfolio Holdings as of 5/29/2015
Default: sorted by market value

Security Name Par / Shares Market Value
Abu Dhabi Commercial Bank PJSC 150,284 $309,266
Air Arabia PJSC 12,777,259 $5,538,172
Astaldi S.p.A. 793,667 $6,915,761
Beijing Enterprises Water Group, Ltd. 882,000 $756,413
ChinaCache International Holdings, Ltd. (A.D.R.) 261,638 $3,464,087
China Conch Venture Holdings, Ltd. 1,928,500 $6,029,888
China Construction Bank Corp. 1,543,000 $1,550,032
China ITS Holdings Co, Ltd. 49,651,000 $8,835,088
China Overseas Land & Investment, Ltd. 282,000 $1,021,663
China Petroleum & Chemical Corp. 826,000 $724,261
Coca-Cola Icecek AS 8,365 $141,591
Credicorp, Ltd. 4,068 $574,158
Credito Real SAB de CV SOFOM ER 2,753 $6,378
Emaar Properties PJSC 800,133 $1,689,901
Flour Mills of Nigeria Plc 95,298 $17,331
Global Telecom Holding SAE (G.D.R.) 3,616,722 $6,763,162
Goodbaby International Holdings, Ltd. 24,577,000 $11,756,368
Grupo Financiero Banorte SAB de CV 259,761 $1,466,368
HDFC Bank, Ltd. 196 $3,225
HDFC Bank, Ltd. (A.D.R.) 25,760 $1,535,811
Hellenic Telecommunications Organization SA 428,775 $3,809,540
Hikma Pharmaceuticals Plc 42,574 $1,355,406
Hon Hai Precision Industry Co, Ltd. 681 $2,186
Housing Development Finance Corp, Ltd. 33,827 $654,990
HSBC Bank Plc, 3/5/18 55,829 $2,229,319
HSBC Bank Plc, 6/29/17 36,809 $1,025,689
Huaneng Renewables Corp, Ltd. 9,960,000 $4,661,409
HYPERMARCAS SA, 10/15/15 562 $0
Hypermarcas SA, 11.3%, 10/15/18 562,000 $80,130
HYPERMARCAS SA, 3.0%, 10/15/15 562,000 $234,593
Hyundai Motor Co. 5,653 $612,394
ICICI Bank, Ltd. 271,515 $1,355,330
Industrial & Commercial Bank of China, Ltd. 1,689,000 $1,470,176
IRB Infrastructure Developers, Ltd. 75,965 $293,006
KB Financial Group, Inc. 39,890 $1,438,400
KenolKobil, Ltd. Group 33,237,504 $2,922,805
Mega Financial Holding Co, Ltd. 415 $369
MMG, Ltd. 15,040,000 $5,952,934
NagaCorp, Ltd. 393 $311
Naspers, Ltd. 17,887 $2,631,401
OHL Mexico SAB de CV 1,535,424 $2,064,895
Petroleo Brasileiro SA 2,301 $8,912
Philippine National Bank 4,408,189 $6,133,968
PhosAgro OAO (G.D.R.) 671,245 $8,898,106
Rumo Logistica Operadora Multimodal SA 2,186,942 $865,599
Samsung Electronics Co, Ltd. 4,063 $3,923,161
Samsung Fire & Marine Insurance Co, Ltd. 1,652 $450,581
Samsung Life Insurance Co, Ltd. 18,680 $1,875,280
Sasol, Ltd. 20,558 $727,856
Singapore Exchange, Ltd. 61,500 $384,055
Taiwan Semiconductor Manufacturing Co, Ltd. 396,000 $1,878,351
Tata Motors, Ltd. (A.D.R.) 16,393 $627,852
TBC Bank JSC (G.D.R.) 620,000 $6,918,372
TMK OAO (G.D.R.) 1,814,948 $7,585,818
Tupy SA 1,195,687 $6,509,159
United Bank for Africa Plc 142,526,054 $3,866,569

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.