Pioneer International Value Fund

Top 10 Portfolio Holdings as of 11/28/2014
Default: sorted by market value

Security Name Par / Shares Market Value
ABB, Ltd. 153,600 $3,447,448
ACE, Ltd. 23,800 $2,721,292
Amcor, Ltd./Australia 223,600 $2,314,240
Aon Plc 33,300 $3,079,917
AXA SA 160,300 $3,858,755
Banco Bilbao Vizcaya Argentaria SA 228,308 $2,449,564
Barclays Plc 838,700 $3,201,467
BG Group Plc 155,800 $2,186,246
BHP Billiton, Ltd. 82,600 $2,134,278
BNP Paribas SA 52,200 $3,350,481
Bridgestone Corp. 60,100 $2,065,863
Casino Guichard Perrachon SA 29,100 $2,806,485
Croda International Plc 100,400 $3,842,618
Daikin Industries, Ltd. 35,400 $2,349,117
Daimler AG 18,400 $1,550,787
Danone SA 49,300 $3,481,473
Domino's Pizza Group Plc 206,700 $2,243,571
Encana Corp. 135,200 $2,140,741
Eni S.p.A. 72,800 $1,441,225
Fresenius SE & Co KGaA 68,700 $3,721,680
GAGFAH SA 133,800 $2,575,367
GDF Suez 104,357 $2,570,470
GEA Group AG 73,200 $3,492,607
Gerresheimer AG 51,400 $2,837,405
Goodman Group 594,800 $2,759,304
Henkel AG & Co KGaA 38,700 $3,831,828
Hennes & Mauritz AB 61,100 $2,618,393
Hibernia Real Estate Investment Trust plc 507,700 $713,915
Hibernia Real Estate Investment Trust plc 1,224,915 $1,719,297
Hitachi, Ltd. 501,100 $3,830,938
Hoya Corp. 92,900 $3,303,390
Incitec Pivot, Ltd. 1,172,400 $2,844,337
KDDI Corp. 45,700 $2,920,329
Komatsu, Ltd. 97,700 $2,314,180
Koninklijke Philips NV 84,100 $2,534,309
Kubota Corp. 173,000 $2,679,198
Kuraray Co, Ltd. 195,000 $2,374,283
Murata Manufacturing Co, Ltd. 27,400 $2,961,305
Nabtesco Corp. 139,900 $3,328,842
National Australia Bank, Ltd. 96,000 $2,658,720
NetApp, Inc. 36,700 $1,561,585
Novartis AG 54,300 $5,251,904
Orange SA 170,400 $2,997,587
Pacific Textiles Holdings, Ltd. 566,000 $752,709
PAX Global Technology, Ltd. 1,086,000 $1,193,090
Persimmon Plc 63,700 $1,522,427
Red Electrica Corp SA 28,500 $2,605,372
Roche Holding AG 17,106 $5,114,070
Rolls-Royce Holdings Plc 6,255,000 $9,773
Rolls-Royce Holdings Plc 69,500 $914,354
Schlumberger, Ltd. 32,100 $2,758,995
Schneider Electric SE 41,200 $3,365,112
Sekisui Chemical Co, Ltd. 312,200 $3,885,531
Shire Plc 48,600 $3,462,683
Siemens AG 23,600 $2,791,953
SoftBank Corp. 27,700 $1,858,773
SSE Plc 77,900 $1,992,904
Sumitomo Mitsui Financial Group, Inc. 50,800 $1,915,650
Sundrug Co, Ltd. 76,300 $3,106,710
Suntory Beverage & Food, Ltd. 66,000 $2,337,687
Swedbank AB 123,700 $3,238,590
Syngenta AG 9,200 $3,029,364
Tata Motors, Ltd. 276,200 $1,502,731
Total SA 46,700 $2,594,158
TOTO, Ltd. 165,000 $1,970,166
Trswap: Jpnk400 Index Jpy Buy -1,392,653,271 $428,111
UBS Group AG 148,700 $2,670,198
Unicharm Corp. 147,800 $3,401,816
Vodafone Group Plc 1,025,518 $3,753,426
Wereldhave NV 23,200 $1,818,668
Yaskawa Electric Corp. 261,500 $3,393,685
Zurich Insurance Group AG 11,500 $3,601,706

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.