Pioneer Real Estate Shares

Top 10 Portfolio Holdings as of 8/29/2014
Default: sorted by market value

Security Name Par / Shares Market Value
Acadia Realty Trust 65,200 $1,879,064
Alexander & Baldwin, Inc. 37,000 $1,513,300
Alexandria Real Estate Equities, Inc. 9,300 $735,258
American Assets Trust, Inc. 57,200 $2,004,860
American Campus Communities, Inc. 54,300 $2,145,393
American Homes 4 Rent 48,300 $863,604
Armada Hoffler Properties, Inc. 23,500 $225,835
AvalonBay Communities, Inc. 51,800 $7,982,380
BioMed Realty Trust, Inc. 124,800 $2,801,760
Boston Properties, Inc. 65,400 $7,940,868
Camden Property Trust 45,400 $3,397,736
CubeSmart 69,400 $1,290,840
DDR Corp. 165,600 $3,017,232
Douglas Emmett, Inc. 61,500 $1,757,055
DuPont Fabros Technology, Inc. 94,300 $2,655,488
Empire State Realty Trust, Inc. 102,400 $1,683,456
EPR Properties 38,600 $2,196,726
Equity Lifestyle Properties, Inc. 54,500 $2,490,105
Equity Residential 149,400 $9,930,618
Essex Property Trust, Inc. 4,167 $806,106
Extended Stay America, Inc. 89,000 $2,123,540
Extra Space Storage, Inc. 67,000 $3,530,900
Federal Realty Investment Trust 36,800 $4,591,904
Forest City Enterprises, Inc. 126,600 $2,633,280
Gramercy Property Trust, Inc. 150,800 $933,452
HCP, Inc. 148,900 $6,451,837
Health Care Real Estate Investment Trust, Inc. 84,200 $5,690,236
Hilton Worldwide Holdings, Inc. 59,600 $1,509,072
Host Hotels & Resorts, Inc. 244,500 $5,579,490
Kilroy Realty Corp. 86,500 $5,471,125
Liberty Property Trust 68,300 $2,419,186
National Retail Properties, Inc. 45,700 $1,697,298
Piedmont Office Realty Trust, Inc. 132,000 $2,572,680
Prologis, Inc. 195,000 $7,983,300
Public Storage 43,900 $7,690,402
Ramco-Gershenson Properties Trust 71,900 $1,219,424
Regency Centers Corp. 42,400 $2,422,736
Retail Opportunity Investments Corp. 95,600 $1,514,304
Rexford Industrial Realty, Inc. 101,500 $1,496,110
RLJ Lodging Trust 82,800 $2,468,268
Simon Property Group, Inc. 78,200 $13,296,346
Taubman Centers, Inc. 54,600 $4,158,882
The Macerich Co. 73,300 $4,785,757
Ventas, Inc. 77,100 $5,071,638
Vornado Realty Trust 33,500 $3,546,645
Washington Prime Group, Inc. 21,200 $413,824

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.