Pioneer Real Estate Shares

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

Security Name Par / Shares Market Value
Acadia Realty Trust 72,300 $2,255,760
Alexander & Baldwin, Inc. 40,500 $1,621,215
American Assets Trust, Inc. 61,000 $2,338,740
American Campus Communities, Inc. 56,100 $2,203,047
American Homes 4 Rent 48,600 $851,958
AvalonBay Communities, Inc. 53,000 $8,259,520
BioMed Realty Trust, Inc. 124,100 $2,695,452
Boston Properties, Inc. 66,500 $8,428,875
Camden Property Trust 44,600 $3,419,482
Chatham Lodging Trust 38,800 $994,056
CubeSmart 89,200 $1,877,660
DDR Corp. 172,900 $3,136,406
Douglas Emmett, Inc. 61,200 $1,721,556
DuPont Fabros Technology, Inc. 93,700 $2,901,889
Empire State Realty Trust, Inc. 101,800 $1,624,728
EPR Properties 35,800 $2,008,380
Equity LifeStyle Properties, Inc. 53,200 $2,612,120
Equity Residential 142,800 $9,933,168
Extended Stay America, Inc. 90,600 $2,089,236
Extra Space Storage, Inc. 63,000 $3,664,080
Federal Realty Investment Trust 35,400 $4,665,720
Forest City Enterprises, Inc. 135,600 $2,832,684
Gramercy Property Trust, Inc. 285,500 $1,784,375
HCP, Inc. 148,000 $6,507,560
Health Care Real Estate Investment Trust, Inc. 86,100 $6,122,571
Hilton Worldwide Holdings, Inc. 58,500 $1,476,540
Host Hotels & Resorts, Inc. 189,000 $4,405,590
Kilroy Realty Corp. 83,000 $5,622,420
Liberty Property Trust 64,400 $2,239,188
National Retail Properties, Inc. 47,900 $1,825,948
Piedmont Office Realty Trust, Inc. 167,800 $3,263,710
Prologis, Inc. 193,800 $8,071,770
Public Storage 45,700 $8,424,338
Ramco-Gershenson Properties Trust 71,600 $1,251,568
Regency Centers Corp. 29,900 $1,814,930
Retail Opportunity Investments Corp. 95,100 $1,553,934
Rexford Industrial Realty, Inc. 106,600 $1,646,970
RLJ Lodging Trust 87,200 $2,809,584
Simon Property Group, Inc. 78,200 $14,014,222
Taubman Centers, Inc. 66,300 $5,042,115
The Macerich Co. 64,400 $4,540,200
Ventas, Inc. 76,700 $5,254,717
Vornado Realty Trust 26,400 $2,890,272

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.