Pioneer Real Estate Shares

Top 10 Portfolio Holdings as of 2/29/2016
Default: sorted by market value

Security Name Par / Shares Market Value
Acadia Realty Trust 79,500 $2,627,475
Alexander & Baldwin, Inc. 55,700 $1,867,064
American Assets Trust, Inc. 64,200 $2,381,178
American Campus Communities, Inc. 56,300 $2,464,251
American Homes 4 Rent 98,500 $1,379,000
AvalonBay Communities, Inc. 44,600 $7,655,144
Boston Properties, Inc. 64,200 $7,327,788
Brixmor Property Group Inc 34,300 $803,649
Camden Property Trust 56,700 $4,237,758
Chatham Lodging Trust 76,800 $1,540,608
CubeSmart 152,300 $4,553,770
DDR Corp. 155,700 $2,604,861
Douglas Emmett, Inc. 61,900 $1,661,396
DuPont Fabros Technology, Inc. 97,300 $3,468,745
Empire State Realty Trust, Inc. 115,700 $1,814,176
Equity LifeStyle Properties, Inc. 43,100 $3,023,896
Equity Residential 130,000 $9,683,700
Extended Stay America, Inc. 139,700 $2,064,766
Federal Realty Investment Trust 28,600 $4,234,516
Forest City Enterprises, Inc. 164,500 $3,067,925
Gramercy Property Trust 394,100 $2,975,455
Hilton Worldwide Holdings, Inc. 95,900 $1,992,802
Host Hotels & Resorts, Inc. 186,500 $2,855,315
Paramount Group, Inc. 171,700 $2,596,104
Piedmont Office Realty Trust, Inc. 236,200 $4,338,994
Prologis, Inc. 184,700 $7,103,562
Public Storage 39,000 $9,730,110
Retail Opportunity Investments Corp. 96,600 $1,775,508
Rexford Industrial Realty, Inc. 162,400 $2,736,440
RLJ Lodging Trust 85,700 $1,797,129
Simon Property Group, Inc. 77,800 $14,760,994
STORE Capital Corp. 86,200 $2,081,730
Tanger Factory Outlet Centers, Inc. 75,700 $2,428,456
Taubman Centers, Inc. 90,100 $6,380,882
The Macerich Co. 37,100 $2,933,868
Ventas, Inc. 122,900 $6,841,843
Vornado Realty Trust 15,800 $1,364,488
Welltower, Inc. 111,000 $7,079,580

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.