Pioneer Global Sustainable Growth Fund
Schedule of Investments | December 31, 2023
A: SUGAX | C: SUGCX | Y: SUGYX |
Schedule of Investments | 12/31/23
(unaudited)
Shares | Value | |||||
UNAFFILIATED ISSUERS — 100.3% | ||||||
Common Stocks — 96.9% of Net Assets | ||||||
Aerospace & Defense — 1.6% | ||||||
1,518 | Hensoldt AG | $ 40,912 | ||||
Total Aerospace & Defense | $40,912 | |||||
Banks — 2.3% | ||||||
3,908 | FinecoBank Banca Fineco S.p.A. | $ 58,717 | ||||
Total Banks | $58,717 | |||||
Beverages — 2.1% | ||||||
315 | PepsiCo., Inc. | $ 53,500 | ||||
Total Beverages | $53,500 | |||||
Broadline Retail — 8.0% | ||||||
5,900 | Alibaba Group Holding, Ltd. | $ 57,019 | ||||
989(a) | Amazon.com, Inc. | 150,269 | ||||
Total Broadline Retail | $207,288 | |||||
Capital Markets — 3.7% | ||||||
600 | Euronext NV (144A) | $ 52,099 | ||||
353 | Intercontinental Exchange, Inc. | 45,336 | ||||
Total Capital Markets | $97,435 | |||||
Communications Equipment — 1.7% | ||||||
852 | Cisco Systems, Inc. | $ 43,043 | ||||
Total Communications Equipment | $43,043 | |||||
Consumer Staples Distribution & Retail — 3.1% | ||||||
182(a) | Dino Polska S.A. (144A) | $ 21,300 | ||||
1,500 | Seven & i Holdings Co., Ltd. | 59,407 | ||||
Total Consumer Staples Distribution & Retail | $80,707 | |||||
Electrical Equipment — 2.1% | ||||||
183(a) | Generac Holdings, Inc. | $ 23,651 | ||||
96 | Rockwell Automation, Inc. | 29,806 | ||||
Total Electrical Equipment | $53,457 | |||||
Electronic Equipment, Instruments & Components — 1.0% | ||||||
120 | CDW Corp. | $ 27,278 | ||||
Total Electronic Equipment, Instruments & Components | $27,278 | |||||
Energy Equipment & Services — 2.1% | ||||||
1,566 | Baker Hughes Co. | $ 53,526 | ||||
Total Energy Equipment & Services | $53,526 | |||||
1Pioneer Global Sustainable Growth Fund | | 12/31/23
Shares | Value | |||||
Entertainment — 3.6% | ||||||
270 | Electronic Arts, Inc. | $ 36,938 | ||||
1,100 | Nintendo Co., Ltd. | 57,482 | ||||
Total Entertainment | $94,420 | |||||
Financial Services — 3.0% | ||||||
117 | Mastercard, Inc., Class A | $ 49,902 | ||||
471(a) | PayPal Holdings, Inc. | 28,924 | ||||
Total Financial Services | $78,826 | |||||
Food Products — 2.2% | ||||||
1,902 | Associated British Foods Plc | $ 57,334 | ||||
Total Food Products | $57,334 | |||||
Health Care Equipment & Supplies — 5.2% | ||||||
360(a) | Edwards Lifesciences Corp. | $ 27,450 | ||||
500 | Hoya Corp. | 62,185 | ||||
3,200 | Olympus Corp. | 46,181 | ||||
Total Health Care Equipment & Supplies | $135,816 | |||||
Health Care Providers & Services — 2.3% | ||||||
585 | Cardinal Health, Inc. | $ 58,968 | ||||
Total Health Care Providers & Services | $58,968 | |||||
Hotels, Restaurants & Leisure — 3.2% | ||||||
203 | Amadeus IT Group S.A. | $ 14,559 | ||||
384 | Hilton Worldwide Holdings, Inc. | 69,923 | ||||
Total Hotels, Restaurants & Leisure | $84,482 | |||||
Household Durables — 1.8% | ||||||
500 | Sony Group Corp. | $ 47,377 | ||||
Total Household Durables | $47,377 | |||||
Household Products — 1.5% | ||||||
563 | Reckitt Benckiser Group Plc | $ 38,841 | ||||
Total Household Products | $38,841 | |||||
Insurance — 2.7% | ||||||
450 | Progressive Corp. | $ 71,676 | ||||
Total Insurance | $71,676 | |||||
Interactive Media & Services — 5.3% | ||||||
980(a) | Alphabet, Inc., Class C | $ 138,111 | ||||
Total Interactive Media & Services | $138,111 | |||||
Pioneer Global Sustainable Growth Fund | | 12/31/232
Schedule of Investments | 12/31/23
(unaudited) (continued)
Shares | Value | |||||
IT Services — 4.7% | ||||||
639 | Cognizant Technology Solutions Corp., Class A | $ 48,264 | ||||
461 | International Business Machines Corp. | 75,396 | ||||
Total IT Services | $123,660 | |||||
Life Sciences Tools & Services — 1.8% | ||||||
88 | Thermo Fisher Scientific, Inc. | $ 46,710 | ||||
Total Life Sciences Tools & Services | $46,710 | |||||
Personal Care Products — 0.4% | ||||||
73 | Estee Lauder Cos., Inc., Class A | $ 10,676 | ||||
Total Personal Care Products | $10,676 | |||||
Pharmaceuticals — 5.2% | ||||||
120 | Eli Lilly & Co. | $ 69,950 | ||||
677 | Pfizer, Inc. | 19,491 | ||||
468 | Sanofi S.A. | 46,398 | ||||
Total Pharmaceuticals | $135,839 | |||||
Professional Services — 3.2% | ||||||
2,085 | RELX Plc | $ 82,692 | ||||
Total Professional Services | $82,692 | |||||
Semiconductors & Semiconductor Equipment — 8.5% | ||||||
711(a) | Advanced Micro Devices, Inc. | $ 104,808 | ||||
48 | ASML Holding NV | 36,241 | ||||
307 | Microchip Technology, Inc. | 27,685 | ||||
513 | Taiwan Semiconductor Manufacturing Co., Ltd. (A.D.R.) | 53,352 | ||||
Total Semiconductors & Semiconductor Equipment | $222,086 | |||||
Software — 5.5% | ||||||
284 | Microsoft Corp. | $ 106,795 | ||||
136(a) | Salesforce, Inc. | 35,787 | ||||
Total Software | $142,582 | |||||
Specialty Retail — 1.4% | ||||||
397 | TJX Cos., Inc. | $ 37,243 | ||||
Total Specialty Retail | $37,243 | |||||
Technology Hardware, Storage & Peripherals — 6.1% | ||||||
431 | Apple, Inc. | $ 82,980 | ||||
1,258 | Samsung Electronics Co., Ltd. | 76,512 | ||||
Total Technology Hardware, Storage & Peripherals | $159,492 | |||||
3Pioneer Global Sustainable Growth Fund | | 12/31/23
Shares | Value | |||||
Textiles, Apparel & Luxury Goods — 1.6% | ||||||
50 | LVMH Moet Hennessy Louis Vuitton SE | $ 40,556 | ||||
Total Textiles, Apparel & Luxury Goods | $40,556 | |||||
Total Common Stocks (Cost $2,117,861) | $2,523,250 | |||||
Principal Amount USD ($) | ||||||
U.S. Government and Agency Obligations — 3.4% of Net Assets | ||||||
50,000(b) | U.S. Treasury Bills, 1/9/24 | $ 49,949 | ||||
40,000(b) | U.S. Treasury Bills, 1/23/24 | 39,877 | ||||
Total U.S. Government and Agency Obligations (Cost $89,813) | $89,826 | |||||
TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 100.3% (Cost $2,207,674) | $2,613,076 | |||||
OTHER ASSETS AND LIABILITIES — (0.3)% | $(8,344) | |||||
net assets — 100.0% | $2,604,732 | |||||
(A.D.R.) | American Depositary Receipts. |
(144A) | The resale of such security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold normally to qualified institutional buyers. At December 31, 2023, the value of these securities amounted to $73,399, or 2.8% of net assets. |
(a) | Non-income producing security. |
(b) | Security issued with a zero coupon. Income is recognized through accretion of discount. |
FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS
Currency Purchased | In Exchange for | Currency Sold | Deliver | Counterparty | Settlement Date | Unrealized (Depreciation) |
USD | 46,971 | CNY | 338,000 | Goldman Sachs & Co. | 2/21/24 | $(808) |
TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS | $(808) |
Principal amounts are denominated in U.S. dollars (“USD”) unless otherwise noted.
CNY | — China Yuan Renminbi |
USD | — United States Dollar |
Pioneer Global Sustainable Growth Fund | | 12/31/234
Schedule of Investments | 12/31/23
(unaudited) (continued)
Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels below.
Level 1 | – | unadjusted quoted prices in active markets for identical securities. |
Level 2 | – | other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.). |
Level 3 | – | significant unobservable inputs (including the Adviser's own assumptions in determining fair value of investments). |
The following is a summary of the inputs used as of December 31, 2023 in valuing the Fund's investments:
Level 1 | Level 2 | Level 3 | Total | |
Common Stocks | ||||
Aerospace & Defense | $— | $40,912 | $— | $40,912 |
Banks | — | 58,717 | — | 58,717 |
Broadline Retail | 150,269 | 57,019 | — | 207,288 |
Capital Markets | 45,336 | 52,099 | — | 97,435 |
Consumer Staples Distribution & Retail | — | 80,707 | — | 80,707 |
Entertainment | 36,938 | 57,482 | — | 94,420 |
Food Products | — | 57,334 | — | 57,334 |
Health Care Equipment & Supplies | 27,450 | 108,366 | — | 135,816 |
Hotels, Restaurants & Leisure | 69,923 | 14,559 | — | 84,482 |
Household Durables | — | 47,377 | — | 47,377 |
Household Products | — | 38,841 | — | 38,841 |
Pharmaceuticals | 89,441 | 46,398 | — | 135,839 |
Professional Services | — | 82,692 | — | 82,692 |
Semiconductors & Semiconductor Equipment | 185,845 | 36,241 | — | 222,086 |
Technology Hardware, Storage & Peripherals | 82,980 | 76,512 | — | 159,492 |
Textiles, Apparel & Luxury Goods | — | 40,556 | — | 40,556 |
All Other Common Stocks | 939,256 | — | — | 939,256 |
U.S. Government and Agency Obligations | — | 89,826 | — | 89,826 |
Total Investments in Securities | $1,627,438 | $985,638 | $— | $2,613,076 |
Other Financial Instruments | ||||
Net unrealized depreciation on forward foreign currency exchange contracts | $— | $(808) | $— | $(808) |
Total Other Financial Instruments | $— | $(808) | $— | $(808) |
During the period ended December 31, 2023, there were no transfers in or out of Level 3.
5Pioneer Global Sustainable Growth Fund | | 12/31/23