Pioneer Real
Estate Shares
Estate Shares
Schedule of Investments | September 30, 2022
A: PWREX | C: PCREX | Y: PYREX |
Schedule of Investments | 9/30/22
(unaudited)
Shares | Value | |||||
UNAFFILIATED ISSUERS — 100.4% | ||||||
Common Stocks — 96.2% of Net Assets | ||||||
Equity Real Estate Investment Trusts (REITs) — 95.4% | ||||||
22,880 | Agree Realty Corp. | $ 1,546,231 | ||||
29,625 | American Homes 4 Rent, Class A | 971,996 | ||||
14,956 | Apartment Income REIT Corp. | 577,601 | ||||
48,673 | Apartment Investment and Management Co., Class A | 355,313 | ||||
129,676 | Apple Hospitality REIT, Inc. | 1,823,245 | ||||
28,582 | Armada Hoffler Properties, Inc. | 296,681 | ||||
49,203(a) | Ashford Hospitality Trust, Inc. | 335,072 | ||||
67,733 | Brixmor Property Group, Inc. | 1,251,029 | ||||
8,174 | Camden Property Trust | 976,384 | ||||
10,581 | CBL & Associates Properties, Inc. | 270,979 | ||||
20,676 | Corporate Office Properties Trust | 480,303 | ||||
21,195 | CubeSmart | 849,072 | ||||
12,560 | EastGroup Properties, Inc. | 1,812,910 | ||||
42,877 | Equity Commonwealth | 1,044,484 | ||||
24,898 | Equity LifeStyle Properties, Inc. | 1,564,590 | ||||
16,246 | Extra Space Storage, Inc. | 2,805,847 | ||||
58,885 | Farmland Partners, Inc. | 746,073 | ||||
57,348 | Gaming and Leisure Properties, Inc. | 2,537,076 | ||||
15,048 | Getty Realty Corp. | 404,641 | ||||
64,151 | Invitation Homes, Inc. | 2,166,379 | ||||
33,432 | Iron Mountain, Inc. | 1,470,005 | ||||
110,730 | Kimco Realty Corp. | 2,038,539 | ||||
9,795 | Life Storage, Inc. | 1,084,894 | ||||
13,384 | Mid-America Apartment Communities, Inc. | 2,075,457 | ||||
23,316 | National Health Investors, Inc. | 1,318,053 | ||||
23,752 | National Storage Affiliates Trust | 987,608 | ||||
60,941 | Omega Healthcare Investors, Inc. | 1,797,150 | ||||
14,190 | Phillips Edison & Co., Inc. | 398,029 | ||||
13,765 | Plymouth Industrial REIT, Inc. | 231,390 | ||||
42,148 | Prologis, Inc. | 4,282,237 | ||||
9,134 | Public Storage | 2,674,527 | ||||
44,356 | Realty Income Corp. | 2,581,519 | ||||
39,118 | Rexford Industrial Realty, Inc. | 2,034,136 | ||||
5,662 | Ryman Hospitality Properties, Inc. | 416,667 | ||||
2,319 | SBA Communications Corp. | 660,103 | ||||
9,581 | Sun Communities, Inc. | 1,296,597 | ||||
34,312 | Welltower, Inc. | 2,206,948 | ||||
13,341 | WP Carey, Inc. | 931,202 | ||||
Total Equity Real Estate Investment Trusts (REITs) | $51,300,967 |
1Pioneer Real Estate Shares | | 9/30/22
Shares | Value | |||||
Household Durables — 0.8% | ||||||
5,318 | Lennar Corp., Class A | $ 396,457 | ||||
Total Household Durables | $396,457 | |||||
Total Common Stocks (Cost $50,964,484) | $51,697,424 | |||||
SHORT TERM INVESTMENTS — 4.2% of Net Assets | ||||||
Open-End Fund — 4.2% | ||||||
2,280,358(b) | Dreyfus Government Cash Management, Institutional Shares, 2.75% | $ 2,280,358 | ||||
$2,280,358 | ||||||
TOTAL SHORT TERM INVESTMENTS (Cost $2,280,358) | $2,280,358 | |||||
TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 100.4% (Cost $53,244,842) | $53,977,782 | |||||
OTHER ASSETS AND LIABILITIES — (0.4)% | $(208,599) | |||||
net assets — 100.0% | $53,769,183 | |||||
(a) | Non-income producing security. |
(b) | Rate periodically changes. Rate disclosed is the 7-day yield at September 30, 2022. |
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 Fund's own assumptions in determining fair value of investments). |
The following is a summary of the inputs used as of September 30, 2022, in valuing the Fund's investments:
Level 1 | Level 2 | Level 3 | Total | |
Common Stocks | $51,697,424 | $— | $— | $51,697,424 |
Open-End Fund | 2,280,358 | — | — | 2,280,358 |
Total Investments in Securities | $53,977,782 | $— | $— | $53,977,782 |
During the period ended September 30, 2022, there were no transfers in or out of Level 3.
Pioneer Real Estate Shares | | 9/30/222