Pioneer International Value Fund

Top 10 Portfolio Holdings as of 3/31/2015
Default: sorted by market value

Security Name Par / Shares Market Value
ACE, Ltd. 23,800 $2,653,462
Amcor, Ltd./Australia 223,600 $2,384,332
Aon Plc 28,400 $2,729,808
Astellas Pharma, Inc. 168,900 $2,767,586
AXA SA 127,300 $3,207,394
Banco Bilbao Vizcaya Argentaria SA 288,108 $41,477
Banco Bilbao Vizcaya Argentaria SA 288,108 $2,905,119
Barclays Plc 620,900 $2,229,708
BG Group Plc 236,100 $2,902,748
BNP Paribas SA 52,200 $3,172,033
Bridgestone Corp. 60,100 $2,411,475
Croda International Plc 69,200 $2,811,203
Daikin Industries, Ltd. 35,400 $2,370,882
Daimler AG 18,400 $1,770,693
Danone SA 39,100 $2,629,116
Deutsche Annington Immobilien SE 47,785 $1,613,216
Distribuidora Internacional de Alimentacion SA 259,900 $2,030,049
Domino's Pizza Group Plc 206,700 $2,378,577
Encana Corp. 135,200 $1,510,650
Fresenius SE & Co KGaA 59,400 $3,544,183
Gas Natural SDG SA 84,300 $1,890,901
GEA Group AG 52,000 $2,512,887
Gerresheimer AG 58,800 $3,244,165
Goodman Group 441,400 $2,125,459
Henkel AG & Co KGaA 31,300 $3,234,467
Hennes & Mauritz AB 61,100 $2,472,860
Hibernia Real Estate Investment Trust plc 507,700 $637,579
Hibernia Real Estate Investment Trust plc 1,665,215 $2,088,449
Hitachi, Ltd. 438,100 $2,995,086
Hoya Corp. 67,600 $2,711,594
Incitec Pivot, Ltd. 928,800 $2,869,049
KDDI Corp. 114,000 $2,582,691
Kerry Group Plc 43,400 $2,906,865
Komatsu, Ltd. 117,800 $2,316,691
Koninklijke Philips NV 118,400 $3,360,493
Kubota Corp. 86,000 $1,362,493
Kuraray Co, Ltd. 232,400 $3,150,427
Mitsubishi Electric Corp. 158,000 $1,880,416
Mitsui Fudosan Co, Ltd. 68,000 $1,998,401
Murata Manufacturing Co, Ltd. 22,900 $3,154,798
Nabtesco Corp. 92,600 $2,683,436
National Australia Bank, Ltd. 96,000 $2,808,972
Novartis AG 43,700 $4,318,790
Orange SA 125,700 $2,020,667
Pacific Textiles Holdings, Ltd. 566,000 $783,446
PAX Global Technology, Ltd. 1,086,000 $1,134,503
Persimmon Plc 102,900 $2,539,240
Publicis Groupe SA 23,200 $1,789,763
Red Electrica Corp SA 22,800 $1,848,367
Roche Holding AG 11,406 $3,143,181
Rolls-Royce Holdings Plc 69,500 $981,968
Schlumberger, Ltd. 26,200 $2,186,128
Schneider Electric SE 41,200 $3,202,005
Sekisui Chemical Co, Ltd. 227,200 $2,950,446
Shire Plc 56,500 $4,496,534
Siemens AG 22,300 $2,412,279
SoftBank Corp. 27,700 $1,610,120
SSE Plc 77,900 $1,731,645
Sumitomo Mitsui Financial Group, Inc. 89,500 $3,429,432
Sundrug Co, Ltd. 62,800 $3,265,505
Suntory Beverage & Food, Ltd. 77,400 $3,312,986
Swedbank AB 123,700 $2,952,165
Syngenta AG 9,200 $3,127,293
TOTO, Ltd. 165,000 $2,452,334
Trswap: Jpnk400 Index Jpy Buy -1,576,067,302 $88,760
UBS Group AG 130,800 $2,453,291
Unicharm Corp. 90,800 $2,382,983
Unilever NV 54,900 $2,294,754
Vodafone Group Plc 848,118 $2,773,928
Wasion Group Holdings, Ltd. 512,000 $618,185
Wereldhave NV 37,472 $2,515,277
Yaskawa Electric Corp. 232,000 $3,400,209
Zurich Insurance Group AG 11,500 $3,892,703

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.