Pioneer Equity Income Fund | ||
Schedule of Investments | January 31, 2020 | ||
Ticker Symbols: Class A PEQIX Class C PCEQX Class K PEQKX Class R PQIRX Class Y PYEQX | ||
| Shares | Value | |||||||
| UNAFFILIATED ISSUERS - 98.2% | ||||||||
| COMMON STOCKS - 98.2% of Net Assets | ||||||||
Aerospace & Defense - 0.3% | ||||||||
| 37,000 | Raytheon Co. | $8,174,780 | ||||||
| Total Aerospace & Defense | $8,174,780 | |||||||
Air Freight & Logistics - 0.4% | ||||||||
| 149,127 | CH Robinson Worldwide, Inc. | $10,769,952 | ||||||
| Total Air Freight & Logistics | $10,769,952 | |||||||
Auto Components - 1.0% | ||||||||
| 776,565 | BorgWarner, Inc. | $26,628,414 | ||||||
| Total Auto Components | $26,628,414 | |||||||
Banks - 8.8% | ||||||||
| 1,714,721 | Bank of America Corp. | $56,294,290 | ||||||
| 214,086 | Comerica, Inc. | 13,093,500 | ||||||
| 1,781,521 | Huntington Bancshares, Inc. | 24,175,240 | ||||||
| 196,671 | JPMorgan Chase & Co. | 26,031,374 | ||||||
| 200,252 | M&T Bank Corp. | 33,746,467 | ||||||
| 270,780 | PNC Financial Services Group, Inc. | 40,224,369 | ||||||
| 596,307 | Truist Financial Corp. | 30,751,552 | ||||||
| Total Banks | $224,316,792 | |||||||
Capital Markets - 6.7% | ||||||||
| 732,688 | Bank of New York Mellon Corp. | $32,809,769 | ||||||
| 580,687 | Morgan Stanley | 30,346,703 | ||||||
| 249,279 | Northern Trust Corp. | 24,381,979 | ||||||
| 417,683 | State Street Corp. | 31,589,365 | ||||||
| 383,391 | T Rowe Price Group, Inc. | 51,194,200 | ||||||
| Total Capital Markets | $170,322,016 | |||||||
Chemicals - 2.7% | ||||||||
| 266,892 | Celanese Corp. | $27,623,322 | ||||||
| 156,776 | Corteva, Inc. | 4,533,962 | ||||||
| 203,744 | Dow, Inc. | 9,386,486 | ||||||
| 186,859 | DuPont de Nemours, Inc. | 9,563,444 | ||||||
| 209,551 | HB Fuller Co. | 9,683,352 | ||||||
| 92,883 | Johnson Matthey Plc (A.D.R.) | 6,404,283 | ||||||
| Total Chemicals | $67,194,849 | |||||||
Commercial Services & Supplies - 1.0% | ||||||||
| 189,050 | MSA Safety, Inc. | $25,635,180 | ||||||
| Total Commercial Services & Supplies | $25,635,180 | |||||||
Communications Equipment - 1.1% | ||||||||
| 600,710 | Cisco Systems, Inc. | $27,614,639 | ||||||
| Total Communications Equipment | $27,614,639 | |||||||
Consumer Discretionary - 0.8% | ||||||||
| 474,690 | Comcast Corp. | $20,501,861 | ||||||
| Total Consumer Discretionary | $20,501,861 | |||||||
Consumer Finance - 0.4% | ||||||||
| 142,827 | Discover Financial Services | $10,730,592 | ||||||
| Total Consumer Finance | $10,730,592 | |||||||
Distributors - 0.8% | ||||||||
| 228,769 | Genuine Parts Co. | $21,405,915 | ||||||
| Total Distributors | $21,405,915 | |||||||
Diversified Telecommunication Services - 2.5% | ||||||||
| 239,216 | BCE, Inc. | $11,271,858 | ||||||
| 870,357 | Verizon Communications, Inc. | 51,734,020 | ||||||
| Total Diversified Telecommunication Services | $63,005,878 | |||||||
Electric Utilities - 1.7% | ||||||||
| 736,065 | Alliant Energy Corp. | $43,692,818 | ||||||
| Total Electric Utilities | $43,692,818 | |||||||
Electrical Equipment - 0.5% | ||||||||
| 190,361 | Emerson Electric Co. | $13,635,558 | ||||||
| Total Electrical Equipment | $13,635,558 | |||||||
Electronic Equipment, Instruments & Components - 0.7% | ||||||||
| 201,426 | TE Connectivity, Ltd. | $18,567,449 | ||||||
| Total Electronic Equipment, Instruments & Components | $18,567,449 | |||||||
Energy Equipment & Services - 0.3% | ||||||||
| 221,001 | Schlumberger, Ltd. | $7,405,743 | ||||||
| Total Energy Equipment & Services | $7,405,743 | |||||||
Equity Real Estate Investment Trusts (REITs) - 3.9% | ||||||||
| 243,829 | Alexandria Real Estate Equities, Inc. | $39,792,893 | ||||||
| 167,138 | Camden Property Trust | 18,791,326 | ||||||
| 74,501 | Prologis, Inc. | 6,919,653 | ||||||
| 67,809 | Simon Property Group, Inc. | 9,028,768 | ||||||
| 288,733 | SL Green Realty Corp. | 26,574,985 | ||||||
| Total Equity Real Estate Investment Trusts (REITs) | $101,107,625 | |||||||
Food & Staples Retailing - 0.7% | ||||||||
| 149,795 | Wal-Mart, Inc. | $17,150,030 | ||||||
| Total Food & Staples Retailing | $17,150,030 | |||||||
Food Products - 8.6% | ||||||||
| 155,564 | Bunge, Ltd. | $8,156,221 | ||||||
| Shares | Value | |||||||
| Food Products - (continued) | ||||||||
| 37,288 | Calavo Growers, Inc. | $2,856,634 | ||||||
| 514,516 | General Mills, Inc. | 26,868,025 | ||||||
| 114,049 | Hershey Co. | 17,696,983 | ||||||
| 168,140 | JM Smucker Co. | 17,420,985 | ||||||
| 113,542 | John B Sanfilippo & Son, Inc. | 9,571,591 | ||||||
| 428,265 | Kellogg Co. | 29,211,956 | ||||||
| 302,306 | Lamb Weston Holdings, Inc. | 27,603,561 | ||||||
| 105,974 | McCormick & Co., Inc., Class VTG | 17,312,972 | ||||||
| 859,771 | Mondelez International, Inc. | 49,333,660 | ||||||
| 141,468 | Nestle S.A. (A.D.R.) | 15,598,262 | ||||||
| Total Food Products | $221,630,850 | |||||||
Gas Utilities - 0.4% | ||||||||
| 227,189 | National Fuel Gas Co. | $9,812,293 | ||||||
| Total Gas Utilities | $9,812,293 | |||||||
Health Care Equipment & Supplies - 3.1% | ||||||||
| 484,066 | Abbott Laboratories | $42,181,511 | ||||||
| 51,092 | Becton Dickinson and Co. | 14,059,497 | ||||||
| 503,649 | Smith & Nephew Plc (A.D.R.) | 24,180,188 | ||||||
| Total Health Care Equipment & Supplies | $80,421,196 | |||||||
Health Care Providers & Services - 3.1% | ||||||||
| 185,811 | AmerisourceBergen Corp. | $15,897,989 | ||||||
| 44,979 | Anthem, Inc. | 11,932,029 | ||||||
| 233,840 | CVS Health Corp. | 15,859,029 | ||||||
| 48,337 | Humana, Inc. | 16,252,833 | ||||||
| 181,608 | Quest Diagnostics, Inc. | 20,098,557 | ||||||
| Total Health Care Providers & Services | $80,040,437 | |||||||
Hotels, Restaurants & Leisure - 2.5% | ||||||||
| 593,700 | Cedar Fair LP | $32,142,918 | ||||||
| 82,619 | Cracker Barrel Old Country Store, Inc. | 12,634,924 | ||||||
| 288,749 | InterContinental Hotels Group Plc (A.D.R.) | 17,726,301 | ||||||
| Total Hotels, Restaurants & Leisure | $62,504,143 | |||||||
Household Products - 0.9% | ||||||||
| 140,524 | Clorox Co. | $22,105,830 | ||||||
| Total Household Products | $22,105,830 | |||||||
Industrial Conglomerates - 1.0% | ||||||||
| 144,929 | Honeywell International, Inc. | $25,104,601 | ||||||
| Total Industrial Conglomerates | $25,104,601 | |||||||
Insurance - 6.8% | ||||||||
| 283,717 | Chubb, Ltd. | $43,122,147 | ||||||
| 293,391 | Fidelity National Financial, Inc. | 14,302,811 | ||||||
| 214,432 | First American Financial Corp. | 13,290,496 | ||||||
| 511,198 | Lincoln National Corp. | 27,850,067 | ||||||
| 395,082 | Progressive Corp. | 31,879,166 | ||||||
| 935,513 | Sun Life Financial, Inc. | 43,987,821 | ||||||
| Total Insurance | $174,432,508 | |||||||
IT Services - 1.2% | ||||||||
| 46,648 | Accenture Plc | $9,572,636 | ||||||
| 196,248 | Leidos Holdings, Inc. | 19,717,037 | ||||||
| Total IT Services | $29,289,673 | |||||||
Leisure Products - 0.4% | ||||||||
| 98,485 | Hasbro, Inc. | $10,032,667 | ||||||
| Total Leisure Products | $10,032,667 | |||||||
Machinery - 2.2% | ||||||||
| 460,202 | Komatsu, Ltd. (A.D.R.) | $10,179,668 | ||||||
| 443,598 | PACCAR, Inc. | 32,919,408 | ||||||
| 248,937 | Timken Co. | 13,076,661 | ||||||
| Total Machinery | $56,175,737 | |||||||
Media - 0.5% | ||||||||
| 364,002 | ViacomCBS, Inc., Class B | $12,423,388 | ||||||
| Total Media | $12,423,388 | |||||||
Metals & Mining - 4.1% | ||||||||
| 280,442 | Kaiser Aluminum Corp. | $28,086,266 | ||||||
| 269,793 | Materion Corp. | 14,649,760 | ||||||
| 527,498 | Nucor Corp. | 25,050,880 | ||||||
| 328,400 | Reliance Steel & Aluminum Co. | 37,700,320 | ||||||
| Total Metals & Mining | $105,487,226 | |||||||
Multiline Retail - 2.9% | ||||||||
| 891,381 | Nordstrom, Inc. | $32,856,304 | ||||||
| 355,378 | Target Corp. | 39,354,560 | ||||||
| Total Multiline Retail | $72,210,864 | |||||||
Multi-Utilities - 3.6% | ||||||||
| 295,108 | Ameren Corp. | $24,213,612 | ||||||
| 249,515 | CMS Energy Corp. | 17,094,273 | ||||||
| 493,852 | WEC Energy Group, Inc. | 49,330,876 | ||||||
| Total Multi-Utilities | $90,638,761 | |||||||
Oil, Gas & Consumable Fuels - 7.3% | ||||||||
| 331,216 | Chevron Corp. | $35,486,482 | ||||||
| Shares | Value | |||||||
| Oil, Gas & Consumable Fuels - (continued) | ||||||||
| 377,764 | ConocoPhillips | $22,450,515 | ||||||
| 716,960 | Exxon Mobil Corp. | 44,537,555 | ||||||
| 543,877 | Occidental Petroleum Corp. | 21,602,795 | ||||||
| 379,855 | Phillips 66 | 34,707,351 | ||||||
| 347,308 | Valero Energy Corp. | 29,281,538 | ||||||
| Total Oil, Gas & Consumable Fuels | $188,066,236 | |||||||
Pharmaceuticals - 6.6% | ||||||||
| 1,102,064 | AstraZeneca Plc (A.D.R.) | $53,670,517 | ||||||
| 330,397 | Eli Lilly & Co. | 46,136,637 | ||||||
| 476,351 | Merck & Co., Inc. | 40,699,429 | ||||||
| 459,956 | Novo Nordisk AS (A.D.R.) | 27,979,123 | ||||||
| Total Pharmaceuticals | $168,485,706 | |||||||
Semiconductors & Semiconductor Equipment - 3.7% | ||||||||
| 185,800 | Analog Devices, Inc. | $20,391,550 | ||||||
| 88,129 | Cabot Microelectronics Corp. | 12,823,651 | ||||||
| 209,986 | KLA-Tencor Corp. | 34,803,079 | ||||||
| 222,754 | Texas Instruments, Inc. | 26,875,270 | ||||||
| Total Semiconductors & Semiconductor Equipment | $94,893,550 | |||||||
Specialty Retail - 0.4% | ||||||||
| 44,156 | Home Depot, Inc. | $10,071,984 | ||||||
| Total Specialty Retail | $10,071,984 | |||||||
Technology Hardware, Storage & Peripherals - 1.1% | ||||||||
| 1,271,436 | HP, Inc. | $27,107,015 | ||||||
| Total Technology Hardware, Storage & Peripherals | $27,107,015 | |||||||
Textiles, Apparel & Luxury Goods - 2.2% | ||||||||
| 272,693 | Carter's, Inc. | $28,924,546 | ||||||
| 336,370 | VF Corp. | 27,908,619 | ||||||
| Total Textiles, Apparel & Luxury Goods | $56,833,165 | |||||||
Trading Companies & Distributors - 1.3% | ||||||||
| 497,333 | Fastenal Co. | $17,346,975 | ||||||
| 1,710,967 | Ferguson Plc (A.D.R.) | 15,398,703 | ||||||
| Total Trading Companies & Distributors | $32,745,678 | |||||||
| TOTAL COMMON STOCKS | ||||||||
(Cost $1,999,311,039) | $2,508,373,599 | |||||||
| TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS - 98.2% | ||||||||
(Cost $1,999,311,039) | $2,508,373,599 | |||||||
| Shares | Dividend Income | Net Realized Gain (Loss) | Change in Net Unrealized Appreciation (Depreciation) | Value | ||||
| AFFILIATED ISSUER - 1.9% | ||||||||
| COMMON STOCK - 1.9% of Net Assets | ||||||||
Machinery - 1.9% | ||||||||
| 1,337,785 | Gorman-Rupp Co.^ | $ – | $ 826,941 | $ (850,547) | $49,377,644 | |||
| Total Machinery | $49,377,644 | |||||||
| TOTAL COMMON STOCK | ||||||||
(Cost $6,822,326) | $49,377,644 | |||||||
| TOTAL INVESTMENTS IN AFFILIATED ISSUER - 1.9% | ||||||||
(Cost $6,822,326) | $49,377,644 | |||||||
| OTHER ASSETS AND LIABILITIES - (0.1)% | $(1,717,079) | |||||||
| NET ASSETS - 100.0% | $2,556,034,164 | |||||||
REIT | Real Estate Investment Trust. |
(A.D.R.) | American Depositary Receipts. |
^ | Investment held by the Fund representing 5% or more of the outstanding voting stock of such company. |
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 - 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 Fund's own assumptions in determining fair value of investments). |
The following is a summary of the inputs used as of January 31, 2020, in valuing the Fund's investments: |
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Common Stocks | $ | 2,557,751,243 | $ | – | $ | – | $ | 2,557,751,243 | ||||||||
| Total Investments in Securities | $ | 2,557,751,243 | $ | – | $ | – | $ | 2,557,751,243 | ||||||||
