Pioneer Equity Income Fund

Top 10 Portfolio Holdings as of 7/31/2014
Default: sorted by market value

Security Name Par / Shares Market Value
Abbott Laboratories 298,900 $12,589,668
AGL Resources, Inc. 370,500 $19,132,620
Alexandria Real Estate Equities, Inc. 68,671 $5,397,541
Alliant Energy Corp. 442,569 $25,005,149
Ameren Corp. 498,500 $19,167,325
American Electric Power Co, Inc. 287,150 $14,928,929
American Water Works Co, Inc. 262,000 $12,515,740
Analog Devices, Inc. 294,684 $14,625,167
Anixter International, Inc. 96,000 $8,253,120
AstraZeneca Plc (A.D.R.) 170,000 $12,374,300
AT&T, Inc. 175,000 $6,228,250
Bank of America Corp. 361,564 $5,513,851
BB&T Corp. 427,900 $15,840,858
Becton Dickinson and Co. 244,100 $28,374,184
Cabot Microelectronics Corp. 86,033 $3,457,666
Camden Property Trust 122,333 $8,852,016
Cameco Corp. 350,000 $7,056,000
Campbell Soup Co. 443,300 $18,436,847
Canadian Imperial Bank of Commerce/Canada 267,000 $24,788,396
Cardinal Health, Inc. 149,887 $10,739,404
CBS Outdoor Americas, Inc. 200,071 $6,660,364
Cedar Fair LP 607,087 $31,447,107
Chesapeake Lodging Trust 293,416 $8,708,587
Compass Minerals International, Inc. 255,100 $21,943,702
Dr Pepper Snapple Group, Inc. 353,400 $20,765,784
Duke Energy Corp. 89,899 $6,484,415
EI du Pont de Nemours & Co. 105,500 $6,784,705
Electrolux AB 400,000 $9,965,795
Eli Lilly & Co. 259,300 $15,832,858
Exxon Mobil Corp. 254,888 $25,218,619
Federated Investors, Inc. (Class B) 277,100 $7,819,762
Foot Locker, Inc. 72,983 $3,468,882
Ford Motor Co. 647,536 $11,021,063
G&K Services, Inc. 300,000 $14,427,000
General Electric Co. 959,984 $24,143,598
General Mills, Inc. 443,287 $22,230,843
Genuine Parts Co. 1,499 $124,147
Givaudan SA 5,000 $8,201,320
GlaxoSmithKline Plc (A.D.R.) 282,000 $13,640,340
Hewlett-Packard Co. 125,000 $4,451,250
Intel Corp. 667,769 $22,630,691
InterContinental Hotels Group Plc 305,331 $12,422,949
InterContinental Hotels Group Plc (A.D.R.) 63,899 $2,580,881
John B Sanfilippo & Son, Inc. 72,108 $1,907,257
Johnson & Johnson 251,700 $25,192,653
Johnson Matthey Plc 200,454 $10,013,743
John Wiley & Sons, Inc. 114,100 $6,856,269
J Sainsbury Plc 1,000,000 $5,282,534
Kellogg Co. 301,010 $18,009,428
Kraft Foods Group, Inc. 450,600 $24,145,401
Leidos Holdings, Inc. 97,737 $3,610,405
Linear Technology Corp. 303,300 $13,386,146
Macy's, Inc. 223,538 $12,918,261
Marathon Petroleum Corp. 224,000 $18,699,520
McCormick & Co, Inc./MD 100,000 $6,578,000
MeadWestvaco Corp. 250,000 $10,450,000
Medtronic, Inc. 153,704 $9,489,685
Merck & Co, Inc. 498,405 $28,279,500
Meredith Corp. 150,000 $6,888,000
Microchip Technology, Inc. 550,500 $24,783,510
Microsoft Corp. 392,095 $16,922,820
Mondelez International, Inc. 769,000 $27,684,000
MSA Safety, Inc. 202,600 $10,490,628
National Fuel Gas Co. 237,700 $16,379,907
New York Community Bancorp, Inc. 1,028,800 $16,337,344
NextEra Energy, Inc. 119,900 $11,257,411
Nordstrom, Inc. 113,606 $7,864,943
Northeast Utilities 200,000 $8,780,000
Northern Trust Corp. 65,000 $4,347,850
Novartis AG (A.D.R.) 75,000 $6,520,500
NVIDIA Corp. 500,000 $8,750,000
Occidental Petroleum Corp. 150,000 $14,656,500
Owens & Minor, Inc. 509,300 $16,852,737
PACCAR, Inc. 119,061 $7,413,928
People's United Financial, Inc. 530,000 $7,695,600
Pfizer, Inc. 105,502 $3,027,907
Pinnacle Foods, Inc. 503,396 $15,167,321
Prudential Financial, Inc. 85,000 $7,392,450
Questar Corp. 655,000 $14,567,200
Randstad Holding NV 100,000 $4,963,302
Regal Entertainment Group 450,000 $8,757,000
Rexel SA 200,000 $3,878,793
Roche Holding AG (A.D.R.) 100,000 $3,632,500
Science Applications International Corp. 71,428 $2,983,548
Singapore Telecommunications, Ltd. 2,400,000 $7,832,258
Smith & Nephew Plc 1,079,500 $18,698,499
Sonoco Products Co. 267,500 $10,469,950
Spectra Energy Corp. 483,800 $19,797,096
State Street Corp. 225,754 $15,902,112
The Chubb Corp. 335,587 $29,098,749
The Clorox Co. 192,210 $16,697,283
The Dow Chemical Co. 230,000 $11,746,100
The Gorman-Rupp Co. 1,433,678 $41,547,988
The Hershey Co. 257,582 $22,705,853
The PNC Financial Services Group, Inc. 220,800 $18,229,248
The Southern Co. 200,000 $8,658,000
The Travelers Companies, Inc. 239,272 $21,429,200
The Valspar Corp. 716,600 $53,780,830
US Bancorp/MN 761,700 $32,014,251
Verizon Communications, Inc. 229,091 $11,550,768
Wells Fargo & Co. 622,400 $31,680,160
Westar Energy, Inc. 200,000 $7,208,000
Wolseley Plc 193,548 $10,116,409
Xilinx, Inc. 354,200 $14,568,246
Zoetis, Inc. 149,269 $4,912,443

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.