Pioneer Emerging Markets Fund

Top 10 Portfolio Holdings as of 12/31/2015
Default: sorted by market value

Security Name Par / Shares Market Value
Abu Dhabi Commercial Bank PJSC 150,284 $269,375
Air Arabia PJSC 12,777,259 $4,714,769
Astaldi S.p.A. 354,533 $2,141,601
Bank Rakyat Indonesia Persero Tbk PT 880,500 $719,570
Beijing Enterprises Water Group, Ltd. 420,000 $292,360
Beijing Urban Construction Design & Development Group Co, Ltd. 3,540,000 $2,276,534
ChinaCache International Holdings, Ltd. (A.D.R.) 554,726 $4,570,942
China CITIC Bank Corp, Ltd. 1,569,000 $1,008,593
China Construction Bank Corp. 1,543,000 $1,047,463
China ITS Holdings Co, Ltd. 43,788,000 $4,036,540
China Overseas Land & Investment, Ltd. 202,000 $701,325
China Overseas Property Holdings, Ltd. 67,333 $10,900
China Petroleum & Chemical Corp. 1,636,000 $981,868
Credicorp, Ltd. 2,098 $204,177
Credito Real SAB de CV SOFOM ER 2,753 $6,994
Emaar Properties PJSC 340,021 $524,107
Flour Mills Nigeria Plc Rts Rts 39,707 $0
Flour Mills of Nigeria Plc 95,298 $9,556
Global Telecom Holding SAE (G.D.R.) 3,616,722 $4,703,818
Goodbaby International Holdings, Ltd. 15,523,000 $5,632,554
Grupo Financiero Banorte SAB de CV 259,761 $1,431,290
HDFC Bank, Ltd. 196 $3,188
HDFC Bank, Ltd. (A.D.R.) 20,498 $1,262,677
Hellenic Telecommunications Organization SA 404,323 $4,048,165
Hikma Pharmaceuticals Plc 18,524 $627,044
Hon Hai Precision Industry Co, Ltd. 715 $1,745
Housing Development Finance Corp, Ltd. 33,827 $641,919
Hypermarcas SA, 11.3%, 10/15/18 562,000 $56,639
Hyundai Motor Co. 5,653 $500,970
ICICI Bank, Ltd. 271,515 $1,062,668
Industrial & Commercial Bank of China, Ltd. 1,689,000 $1,011,574
Itau Unibanco Holding SA 94,022 $613,686
ITC, Ltd. 122,174 $604,365
KB Financial Group, Inc. 39,890 $1,117,559
KenolKobil, Ltd. Group 42,339,318 $3,985,401
Korea Electric Power Corp. 38,977 $1,650,296
Mega Financial Holding Co, Ltd. 415 $267
MMG, Ltd. 20,252,000 $3,821,602
NagaCorp, Ltd. 393 $248
Naspers, Ltd. 17,887 $2,445,826
PAX Global Technology, Ltd. 1,135,000 $1,161,166
Petroleo Brasileiro SA 2,301 $3,899
Philippine National Bank 4,408,189 $4,881,360
Samsung Electronics Co, Ltd. 5,774 $5,328,558
Samsung Life Insurance Co, Ltd. 12,151 $1,127,684
Sinotrans, Ltd. 3,676,000 $1,955,838
Taiwan Semiconductor Manufacturing Co, Ltd. 746,000 $3,212,299
TBC Bank JSC (G.D.R.) 617,407 $6,223,295
Tim Participacoes SA 2,011,571 $3,421,171
TMK PAO (G.D.R.) 1,776,992 $5,665,580
Tupy SA 1,165,371 $5,488,692
United Bank for Africa Plc 227,029,779 $3,857,547
Zenith Bank Plc 22,969,504 $1,628,102

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.

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