Pioneer International Value Fund

Top 10 Portfolio Holdings as of 8/29/2014
Default: sorted by market value

Security Name Par / Shares Market Value
ABB, Ltd. 121,400 $2,754,249
ACE, Ltd. 19,500 $2,073,435
Allianz SE 19,000 $3,239,912
Amcor, Ltd./Australia 348,500 $3,724,184
Aon Plc 33,300 $2,902,428
AXA SA 143,100 $3,547,643
Banco Bilbao Vizcaya Argentaria SA 291,008 $3,525,820
Barclays Plc 550,600 $2,061,440
BASF SE 25,100 $2,582,183
BG Group Plc 102,400 $2,040,266
BHP Billiton, Ltd. 82,600 $2,845,368
BNP Paribas SA 30,200 $2,058,676
Bridgestone Corp. 60,100 $2,062,634
Casino Guichard Perrachon SA 29,100 $3,473,998
Cie Generale des Etablissements Michelin 19,700 $2,177,632
Croda International Plc 88,000 $3,183,020
Daikin Industries, Ltd. 35,400 $2,442,061
Daimler AG 26,800 $2,191,671
Danone SA 49,300 $3,441,414
Domino's Pizza Group Plc 206,700 $2,028,717
Encana Corp. 135,200 $3,118,182
Eni S.p.A. 72,800 $1,817,219
Fresenius SE & Co KGaA 62,100 $3,030,312
Fujitsu, Ltd. 417,000 $2,852,984
GAGFAH SA 133,800 $2,619,063
GDF Suez 72,657 $1,791,964
GEA Group AG 73,200 $3,311,857
Gerresheimer AG 47,700 $3,448,446
GKN Plc 224,100 $1,304,757
Goodman Group 485,100 $2,532,103
Henkel AG & Co KGaA 38,700 $3,679,600
Hennes & Mauritz AB 61,100 $2,600,038
Hibernia Real Estate Investment Trust plc 1,732,615 $2,550,885
Hitachi, Ltd. 501,100 $3,779,121
Honda Motor Co, Ltd. 76,100 $2,581,076
Hoya Corp. 64,000 $2,067,681
Incitec Pivot, Ltd. 931,200 $2,701,595
Komatsu, Ltd. 97,700 $2,212,630
Koninklijke Philips NV 84,100 $2,562,287
Kubota Corp. 115,000 $1,642,509
Kuraray Co, Ltd. 195,000 $2,426,918
Murata Manufacturing Co, Ltd. 27,400 $2,618,353
Nabtesco Corp. 139,900 $3,221,770
National Australia Bank, Ltd. 63,700 $2,097,652
NetApp, Inc. 36,700 $1,547,272
Nippon Telegraph & Telephone Corp. 31,200 $2,091,986
Novartis AG 54,300 $4,875,062
Orange SA 170,400 $2,582,120
Pacific Textiles Holdings, Ltd. 566,000 $677,678
PAX Global Technology, Ltd. 1,086,000 $987,491
Red Electrica Corp SA 38,900 $3,278,793
Roche Holding AG 14,506 $4,233,494
Rolls-Royce Holdings Plc 69,500 $1,177,734
Royal Dutch Shell Plc 50,800 $2,052,859
Schlumberger, Ltd. 32,100 $3,519,444
Schneider Electric SE 35,900 $3,032,985
Sekisui Chemical Co, Ltd. 312,200 $3,683,702
Shire Plc 45,000 $3,666,582
Siemens AG 20,100 $2,517,828
SoftBank Corp. 45,000 $3,250,052
Sumitomo Mitsui Financial Group, Inc. 50,800 $2,053,022
Sundrug Co, Ltd. 76,300 $3,388,385
Suntory Beverage & Food, Ltd. 66,000 $2,420,118
Swedbank AB 123,700 $3,152,086
Syngenta AG 9,200 $3,312,463
Tata Motors, Ltd. 361,100 $2,264,906
Total SA 46,700 $3,081,757
Trswap: Jpnk400 Index Jpy Buy -1,282,095,875 $212,753
UBS AG 148,700 $2,668,497
Unicharm Corp. 40,200 $2,637,196
Vodafone Group Plc 1,025,518 $3,523,499
Wereldhave NV 29,400 $2,705,694
Yaskawa Electric Corp. 261,500 $3,363,841
Zurich Insurance Group AG 11,500 $3,470,200

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.