Pioneer Equity Income Fund

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

Security Name Par / Shares Market Value
Abbott Laboratories 116,900 $5,249,979
Accenture Plc 99,491 $10,396,810
Alexandria Real Estate Equities, Inc. 149,330 $13,493,459
Alliant Energy Corp. 427,569 $26,701,684
Ameren Corp. 498,500 $21,550,155
American Electric Power Co, Inc. 362,057 $21,097,061
American Express Co. 204,781 $14,242,519
Amgen, Inc. 49,017 $7,956,930
Anadarko Petroleum Corp. 437,472 $21,252,390
AstraZeneca Plc (A.D.R.) 323,326 $10,976,918
AT&T, Inc. 214,462 $7,379,637
Bank of America Corp. 1,018,202 $17,136,340
Baxalta, Inc. 100,000 $3,903,000
Becton Dickinson and Co. 226,600 $34,916,794
BioMed Realty Trust, Inc. 529,672 $12,547,930
BorgWarner, Inc. 112,608 $4,868,044
Cabot Microelectronics Corp. 81,814 $3,581,817
Calavo Growers, Inc. 18,000 $882,000
Camden Property Trust 128,333 $9,850,841
Campbell Soup Co. 445,005 $23,385,013
CBS Corp. (Class B) 280,000 $13,196,400
Cedar Fair LP 607,087 $33,899,738
Celanese Corp. 113,247 $7,624,921
Chevron Corp. 299,731 $26,963,801
Citizens Financial Group, Inc. 299,847 $7,852,993
Compass Minerals International, Inc. 237,600 $17,884,152
Consolidated Edison, Inc. 335,667 $21,573,318
Cracker Barrel Old Country Store, Inc. 48,921 $6,204,650
Dr Pepper Snapple Group, Inc. 353,400 $32,936,880
EI du Pont de Nemours & Co. 132,830 $8,846,478
Electrolux AB 380,383 $9,230,675
Eli Lilly & Co. 147,342 $12,415,037
Empire District Electric Co. 100,000 $2,807,000
Eversource Energy 348,814 $17,813,931
Frank's International NV 418,400 $6,983,096
G&K Services, Inc. 290,000 $18,241,000
General Electric Co. 1,029,984 $32,084,002
General Mills, Inc. 133,287 $7,685,328
General Motors Co. 220,000 $7,482,200
Givaudan SA 4,755 $8,650,200
GlaxoSmithKline Plc (A.D.R.) 461,065 $18,603,973
Helmerich & Payne, Inc. 362,082 $19,389,491
Intel Corp. 69,000 $2,377,050
InterContinental Hotels Group Plc 590,357 $23,123,270
InterContinental Hotels Group Plc (A.D.R.) 60,765 $2,354,036
John B Sanfilippo & Son, Inc. 80,712 $4,360,869
Johnson & Johnson 72,257 $7,422,239
Johnson Matthey Plc 200,454 $7,848,485
John Wiley & Sons, Inc. 114,100 $5,137,923
Kellogg Co. 342,785 $24,773,072
Kimco Realty Corp. 331,872 $8,781,333
Lincoln National Corp. 281,652 $14,155,830
Linear Technology Corp. 288,426 $12,249,452
Marathon Petroleum Corp. 426,030 $22,085,395
McCormick & Co, Inc./MD 100,000 $8,556,000
Mead Johnson Nutrition Co. 222,793 $17,589,507
Merck & Co, Inc. 454,640 $24,014,085
Meredith Corp. 142,644 $6,169,353
Microchip Technology, Inc. 523,502 $24,363,783
Mondelez International, Inc. 769,000 $34,481,960
Morgan Stanley 232,759 $7,404,064
MSA Safety, Inc. 192,664 $8,375,104
National Fuel Gas Co. 384,379 $16,432,202
NextEra Energy, Inc. 94,639 $9,832,046
Norfolk Southern Corp. 100,000 $8,459,000
Northern Trust Corp. 65,000 $4,685,850
NVIDIA Corp. 717,266 $23,641,087
Occidental Petroleum Corp. 277,788 $18,781,247
Outfront Media, Inc. 359,003 $7,837,035
Owens & Minor, Inc. 509,300 $18,324,614
Phillips 66 173,425 $14,186,165
Pinnacle Foods, Inc. 503,396 $21,374,194
Questar Corp. 545,325 $10,622,931
Randstad Holding NV 95,096 $5,940,000
Raytheon Co. 90,442 $11,262,742
Regal Entertainment Group 500,000 $9,435,000
Schlumberger, Ltd. 76,702 $5,349,965
Scripps Networks Interactive, Inc. 132,190 $7,298,210
Smith & Nephew Plc 1,026,557 $18,273,829
State Street Corp. 425,754 $28,253,035
Syngenta AG (A.D.R.) 250,000 $19,682,500
Target Corp. 140,979 $10,236,485
The Chubb Corp. 335,587 $44,512,260
The Clorox Co. 129,210 $16,387,704
The Coca-Cola Co. 323,033 $13,877,498
The Dow Chemical Co. 173,802 $8,947,327
The Gorman-Rupp Co. 1,363,363 $36,442,693
The Hartford Financial Services Group, Inc. 346,013 $15,037,725
The Hershey Co. 200,000 $17,854,000
The Progressive Corp. 283,525 $9,016,095
The Travelers Companies, Inc. 223,272 $25,198,478
The Valspar Corp. 716,600 $59,441,970
Union Pacific Corp. 97,059 $7,590,014
US Bancorp 302,081 $12,889,796
Verizon Communications, Inc. 55,000 $2,542,100
Wells Fargo & Co. 459,400 $24,972,984
Westar Energy, Inc. 278,568 $11,814,069
Wolseley Plc 184,056 $10,010,911
Zoetis, Inc. 481,577 $23,077,170

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.