Mise en page 1 - UniCredit Bank Slovakia as

Pioneer Funds - U.S. Mid Cap Value
Schedule of Investments as at 31 December 2012 (expressed in EUR) (continued)
Holding
Currency
Description of Securities
Market Value
Net Assets %
109,260
87,700
65,590
60,800
113,900
152,400
USD
USD
USD
USD
USD
USD
Utilities
Electricity
Ameren Corp
American Electric Power Co Inc
Northeast Utilities
Pinnacle West Capital Corp
PNM Resources Inc
PPL Corp
2,546,693
2,839,075
1,944,218
2,351,019
1,771,912
3,309,475
1.30%
1.45%
0.99%
1.20%
0.90%
1.69%
71,900
USD
Gas, Water and Multiutilities
AGL Resources Inc
2,179,796
1.11%
Total Equities
Total Transferable Securities and Money Market Instruments Admitted to an Official
Exchange Listing or Dealt in on Other Regulated Markets
189,641,476
189,641,476
96.72%
96.72%
Other Transferable Securities
Equities
94,100
USD
Consumer Goods
Personal Goods
Crocs Inc
1,024,223
0.52%
Total Equities
Total Other Transferable Securities
1,024,223
1,024,223
0.52%
0.52%
Total Securities
190,665,699
97.24%
Net Asset Value
196,081,985
100.00%
Outstanding Forward Foreign Exchange Contracts as at 31 December 2012 (expressed in EUR)
Maturity Date Currency
Amount Purchased
31-Jan-13 EUR
1,856,115
31-Jan-13 USD
25,917
Total Net Unrealised Gain/(Loss) on Forward Foreign Exchange Contracts
Currency
USD
EUR
Amount Sold
2,463,390
19,592
Unrealised Gain/(Loss)
(12,130)
64
(12,066)
The accompanying notes form an integral part of these financial statements.
Any differences in the percentage of net assets are the results of roundings.
436 Pioneer Funds - Annual Report