Pioneer International Value Fund

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

Security Name Par / Shares Market Value
ABB, Ltd. 153,600 $3,366,759
ACE, Ltd. 23,800 $2,601,340
Amcor, Ltd./Australia 288,400 $2,983,148
Aon Plc 33,300 $2,863,800
AXA SA 160,300 $3,702,761
Banco Bilbao Vizcaya Argentaria SA 228,308 $2,552,047
Barclays Plc 838,700 $3,213,658
BG Group Plc 155,800 $2,595,516
BHP Billiton, Ltd. 82,600 $2,464,291
BNP Paribas SA 52,200 $3,290,774
Bridgestone Corp. 60,100 $2,009,616
Casino Guichard Perrachon SA 29,100 $2,990,468
Cie Generale des Etablissements Michelin 15,300 $1,330,160
Croda International Plc 100,400 $3,688,914
Daikin Industries, Ltd. 35,400 $2,230,023
Daimler AG 18,400 $1,429,860
Danone SA 49,300 $3,350,105
Domino's Pizza Group Plc 206,700 $2,102,018
Encana Corp. 135,200 $2,518,473
Eni S.p.A. 72,800 $1,550,013
Fresenius SE & Co KGaA 68,700 $3,535,386
GAGFAH SA 133,800 $2,500,100
GDF Suez 104,357 $2,532,581
GEA Group AG 73,200 $3,368,815
Gerresheimer AG 51,400 $2,859,241
Goodman Group 594,800 $2,912,134
Henkel AG & Co KGaA 38,700 $3,516,337
Hennes & Mauritz AB 61,100 $2,430,348
Hibernia Real Estate Investment Trust plc 1,224,915 $1,683,175
Hibernia Real Estate Investment Trust plc 507,700 $700,119
Hitachi, Ltd. 501,100 $4,025,670
Honda Motor Co, Ltd. 76,100 $2,422,556
Hoya Corp. 92,900 $3,398,182
Incitec Pivot, Ltd. 931,200 $2,396,257
Komatsu, Ltd. 97,700 $2,348,859
Koninklijke Philips NV 84,100 $2,351,740
Kubota Corp. 173,000 $2,767,236
Kuraray Co, Ltd. 195,000 $2,290,079
Murata Manufacturing Co, Ltd. 27,400 $3,117,670
Nabtesco Corp. 139,900 $3,505,704
National Australia Bank, Ltd. 96,000 $2,965,529
NetApp, Inc. 36,700 $1,570,760
Nippon Telegraph & Telephone Corp. 31,200 $1,950,143
Novartis AG 54,300 $5,033,646
Orange SA 170,400 $2,710,933
Pacific Textiles Holdings, Ltd. 566,000 $759,081
PAX Global Technology, Ltd. 1,086,000 $1,165,559
Persimmon Plc 63,700 $1,491,427
Red Electrica Corp SA 28,500 $2,490,346
Roche Holding AG 17,106 $5,050,005
Rolls-Royce Holdings Plc 6,255,000 $10,002
Rolls-Royce Holdings Plc 69,500 $938,635
Samsung SDS Co, Ltd. 132 $23,588
Schlumberger, Ltd. 32,100 $3,166,986
Schneider Electric SE 41,200 $3,260,630
Sekisui Chemical Co, Ltd. 312,200 $3,883,086
Shire Plc 48,600 $3,234,163
Siemens AG 20,100 $2,265,167
SoftBank Corp. 45,000 $3,336,227
Sumitomo Mitsui Financial Group, Inc. 50,800 $2,066,140
Sundrug Co, Ltd. 76,300 $3,754,789
Suntory Beverage & Food, Ltd. 66,000 $2,379,843
Swedbank AB 123,700 $3,268,412
Syngenta AG 9,200 $2,849,871
Tata Motors, Ltd. 276,200 $1,516,035
Total SA 46,700 $2,785,982
Trswap: Jpnk400 Index Jpy Buy -1,325,033,790 $390,831
UBS AG 148,700 $2,583,207
Unicharm Corp. 147,800 $3,463,551
Vodafone Group Plc 1,025,518 $3,406,348
Wereldhave NV 23,200 $1,902,527
Yaskawa Electric Corp. 261,500 $3,426,566
Zurich Insurance Group AG 11,500 $3,478,791

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.