Pioneer Real Estate Shares

Top 10 Portfolio Holdings as of 1/30/2015
Default: sorted by market value

Security Name Par / Shares Market Value
Acadia Realty Trust 80,000 $2,895,200
Alexander & Baldwin, Inc. 47,000 $1,798,220
American Assets Trust, Inc. 62,100 $2,755,998
American Campus Communities, Inc. 56,800 $2,496,928
American Homes 4 Rent 49,200 $821,148
AvalonBay Communities, Inc. 53,000 $9,168,470
BioMed Realty Trust, Inc. 125,900 $3,078,255
Boston Properties, Inc. 66,500 $9,230,200
Camden Property Trust 50,000 $3,852,500
Chatham Lodging Trust 54,300 $1,690,359
CubeSmart 94,000 $2,316,160
DDR Corp. 189,300 $3,710,280
Douglas Emmett, Inc. 62,000 $1,765,760
DuPont Fabros Technology, Inc. 92,300 $3,439,098
Empire State Realty Trust, Inc. 104,200 $1,896,440
Equity LifeStyle Properties, Inc. 53,900 $2,949,947
Equity Residential 142,800 $11,082,708
Extended Stay America, Inc. 99,700 $1,972,066
Extra Space Storage, Inc. 63,000 $4,158,000
Federal Realty Investment Trust 35,500 $5,103,835
Forest City Enterprises, Inc. 132,000 $3,234,000
Gramercy Property Trust, Inc. 360,100 $2,491,892
HCP, Inc. 142,000 $6,715,180
Health Care Real Estate Investment Trust, Inc. 91,000 $7,457,450
Hilton Worldwide Holdings, Inc. 86,300 $2,241,211
Host Hotels & Resorts, Inc. 191,100 $4,374,279
Kilroy Realty Corp. 78,100 $5,791,115
Liberty Property Trust 69,000 $2,780,700
National Retail Properties, Inc. 50,000 $2,142,000
Paramount Group, Inc. 50,000 $967,500
Piedmont Office Realty Trust, Inc. 170,200 $3,324,006
Prologis, Inc. 201,000 $9,073,140
Public Storage 45,400 $9,118,136
Ramco-Gershenson Properties Trust 73,500 $1,438,395
Retail Opportunity Investments Corp. 97,400 $1,721,058
Rexford Industrial Realty, Inc. 125,400 $2,008,908
RLJ Lodging Trust 88,400 $3,011,788
Simon Property Group, Inc. 78,200 $15,535,212
STORE Capital Corp. 50,818 $1,166,781
Taubman Centers, Inc. 82,000 $6,719,900
The Macerich Co. 50,100 $4,309,101
Urban Edge Properties 3,719 $88,289
Ventas, Inc. 77,800 $6,209,218
Vornado Realty Trust 23,000 $2,540,120

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.