Pioneer International Value Fund

Top 10 Portfolio Holdings as of 2/27/2015
Default: sorted by market value

Security Name Par / Shares Market Value
ACE, Ltd. 23,800 $2,713,438
Amcor, Ltd./Australia 223,600 $2,382,573
Aon Plc 28,400 $2,850,224
Astellas Pharma, Inc. 168,900 $2,685,880
AXA SA 160,300 $4,064,367
Banco Bilbao Vizcaya Argentaria SA 288,108 $2,883,526
Barclays Plc 620,900 $2,464,135
BG Group Plc 236,100 $3,479,064
BNP Paribas SA 52,200 $3,037,740
Bridgestone Corp. 60,100 $2,303,935
Casino Guichard Perrachon SA 28,900 $2,720,432
Croda International Plc 83,200 $3,502,524
Daikin Industries, Ltd. 35,400 $2,308,852
Daimler AG 18,400 $1,779,248
Danone SA 39,100 $2,725,366
Distribuidora Internacional de Alimentacion SA 259,900 $1,974,522
Domino's Pizza Group Plc 206,700 $2,303,705
Encana Corp. 135,200 $1,759,955
Fresenius SE & Co KGaA 59,400 $3,401,272
GAGFAH SA 133,800 $3,099,111
GDF Suez 104,357 $2,317,562
GEA Group AG 52,000 $2,570,828
Gerresheimer AG 58,800 $3,384,639
Goodman Group 441,400 $2,148,776
Henkel AG & Co KGaA 31,300 $3,293,318
Hennes & Mauritz AB 61,100 $2,664,206
Hibernia Real Estate Investment Trust plc 1,665,215 $2,224,657
Hibernia Real Estate Investment Trust plc 507,700 $681,555
Hitachi, Ltd. 438,100 $2,997,887
Hoya Corp. 82,000 $3,311,081
Incitec Pivot, Ltd. 1,172,400 $3,723,456
KDDI Corp. 38,000 $2,634,073
Komatsu, Ltd. 117,800 $2,453,265
Koninklijke Philips NV 118,400 $3,542,900
Kubota Corp. 86,000 $1,399,019
Kuraray Co, Ltd. 195,000 $2,682,711
Mitsubishi Electric Corp. 158,000 $1,852,868
Mitsui Fudosan Co, Ltd. 68,000 $1,869,293
Murata Manufacturing Co, Ltd. 22,900 $2,824,898
Nabtesco Corp. 92,600 $2,486,111
National Australia Bank, Ltd. 96,000 $2,838,847
Novartis AG 43,700 $4,472,779
Orange SA 125,700 $2,288,886
Pacific Textiles Holdings, Ltd. 566,000 $846,184
PAX Global Technology, Ltd. 1,086,000 $989,292
Persimmon Plc 102,900 $2,800,309
Publicis Groupe SA 23,200 $1,891,072
Red Electrica Corp SA 22,800 $1,939,464
Roche Holding AG 11,406 $3,090,924
Rolls-Royce Holdings Plc 69,500 $1,016,682
Schlumberger, Ltd. 26,200 $2,204,992
Schneider Electric SE 41,200 $3,313,224
Sekisui Chemical Co, Ltd. 227,200 $2,916,490
Shire Plc 56,500 $4,567,722
Siemens AG 16,300 $1,820,134
SoftBank Corp. 27,700 $1,706,937
SSE Plc 77,900 $1,890,471
Sumitomo Mitsui Financial Group, Inc. 89,500 $3,563,203
Sundrug Co, Ltd. 76,300 $3,757,358
Suntory Beverage & Food, Ltd. 77,400 $2,899,882
Swedbank AB 123,700 $3,215,261
Syngenta AG 9,200 $3,242,471
TOTO, Ltd. 165,000 $2,296,675
Trswap: Jpnk400 Index Jpy Buy -1,386,951,467 $1,400,221
UBS Group AG 130,800 $2,292,367
Unicharm Corp. 90,800 $2,513,188
Unilever NV 54,900 $2,387,526
Vodafone Group Plc 848,118 $2,937,950
Wasion Group Holdings, Ltd. 512,000 $507,393
Wereldhave NV 37,472 $2,574,817
Yaskawa Electric Corp. 232,000 $3,241,805
Zurich Insurance Group AG 11,500 $3,670,779

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.