# EDGAR Filing Document

**Accession Number:** 0000908996
**File Stem:** 0001752724-23-035879
**Filing Date:** 2023-2
**Character Count:** 17427
**Document Hash:** 95f2e1139342f188bacea6bd193f6ecd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-035879.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-035879

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIONEER REAL ESTATE SHARES
- **CENTRAL INDEX KEY:** 0000908996
- **IRS NUMBER:** 043201341
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07870
- **FILM NUMBER:** 23657581

**BUSINESS ADDRESS:**
- **STREET 1:** 60 STATE ST
- **STREET 2:** 5TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109-1820
- **BUSINESS PHONE:** 617-742-7825

**MAIL ADDRESS:**
- **STREET 1:** 60 STATE STREET
- **STREET 2:** 5TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109-1820

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PIONEER WINTHROP REAL ESTATE INVESTMENT FUND
- **DATE OF NAME CHANGE:** 19930713

## Series and Classes Contracts Data

### Pioneer Real Estate Shares (Series ID: S000010000)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000027661 | Pioneer Real Estate Shares: Class A | PWREX           |
| C000027663 | Pioneer Real Estate Shares: Class C | PCREX           |
| C000027664 | Pioneer Real Estate Shares: Class Y | PYREX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Pioneer Real Estate Shares

- **b. Investment Company Act file number:** 811-07870

- **c. CIK number of Registrant:** 0000908996

- **d. LEI of Registrant:** 549300HH73L1FQUO0937

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 60 State Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02109

  - **Telephone number:** 617-422-4947

**Item A.2. Information about the Series.**

- **a. Name of Series:** Pioneer Real Estate Shares

- **b. EDGAR series identifier (if any):** S000010000

- **c. LEI of Series:** 549300HH73L1FQUO0937

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $53332646.02

**Total Liabilities:** $111026.41

**Net Assets:** $53221619.61

**Cash Not Reported:** $51374.95

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000027661 | 6.55%                | 1.95%                | -4.88%               |
| Class ID C000027663 | 6.43%                | 1.88%                | -4.96%               |
| Class ID C000027664 | 6.58%                | 2.04%                | -4.85%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1026973.20             | $4459959.67                                |
| Month 2  | $84319.14                | $1068617.44                                |
| Month 3  | $-828681.62              | $-2285333.93                               |

### Schedule of Portfolio Investments

| Name                               | Title                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Corporate Office Properties Tr     | Corporate Office Properties Trust      | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     14112 | NS      | $366065.28    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc         | Apple Hospitality REIT Inc             | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |    142638 | NS      | $2250827.64   | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust            | Kite Realty Group Trust                | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34046 | NS      | $716668.30    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                     | CBRE Group Inc                         | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      5023 | NS      | $386570.08    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties I     | Ryman Hospitality Properties Inc       | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |     13756 | NS      | $1124965.68   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc      | Rexford Industrial Realty Inc          | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     37996 | NS      | $2076101.44   | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp                  | Getty Realty Corp                      | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     16811 | NS      | $569052.35    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                     | Public Storage                         | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |     10092 | NS      | $2827677.48   | 5.31%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                       | WP Carey Inc                           | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |     14125 | NS      | $1103868.75   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                  | Agree Realty Corp                      | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24268 | NS      | $1721329.24   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors Inc      | National Health Investors Inc          | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |     26960 | NS      | $1407851.20   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Rayonier Inc                       | Rayonier Inc                           | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |      6445 | NS      | $212427.20    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                        | Lennar Corp                            | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     12225 | NS      | $1106362.50   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Apartment Investment and Manag     | Apartment Investment and Management Co | CUSIP: 03748R747<br>LEI: 549300O8FT5GJ4RU1D57 | Long             | EC               | CORP              | US        |     58728 | NS      | $418143.36    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Chatham Lodging Trust              | Chatham Lodging Trust                  | CUSIP: 16208T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38127 | NS      | $467818.29    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust              | Camden Property Trust                  | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      5344 | NS      | $597886.72    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management | Dreyfus Government Cash Management     | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |    744622 | NS      | $744621.65    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communit     | Mid-America Apartment Communities Inc  | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     13384 | NS      | $2101154.16   | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin Inc            | Alexander & Baldwin Inc                | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23483 | NS      | $439836.59    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Realty Income     | Universal Health Realty Income Trust   | CUSIP: 91359E105<br>LEI: 549300L4MWZL4IH6H172 | Long             | EC               | CORP              | US        |     13795 | NS      | $658435.35    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc          | Healthpeak Properties Inc              | CUSIP: 42250P103<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | EC               | CORP              | US        |     29221 | NS      | $732570.47    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc         | Brixmor Property Group Inc             | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     77094 | NS      | $1747720.98   | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties      | Gaming and Leisure Properties Inc      | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |     57348 | NS      | $2987257.32   | 5.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander's Inc                    | Alexander's Inc                        | CUSIP: 014752109<br>LEI: 549300TZM28P04U5R635 | Long             | EC               | CORP              | US        |      4012 | NS      | $882880.72    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc                 | CareTrust REIT Inc                     | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     23929 | NS      | $444600.82    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                  | Iron Mountain Inc                      | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     39224 | NS      | $1955316.40   | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                  | Kimco Realty Corp                      | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               | CORP              | US        |    123202 | NS      | $2609418.36   | 4.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                       | Prologis Inc                           | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     42148 | NS      | $4751344.04   | 8.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Tr     | Essential Properties Realty Trust Inc  | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |     43281 | NS      | $1015805.07   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors Inc     | Omega Healthcare Investors Inc         | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |     62541 | NS      | $1748020.95   | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips Edison & Co Inc           | Phillips Edison & Co Inc               | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |     24644 | NS      | $784664.96    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                 | Realty Income Corp                     | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     40870 | NS      | $2592384.10   | 4.87%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc           | EastGroup Properties Inc               | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     12560 | NS      | $1859633.60   | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc            | Extra Space Storage Inc                | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15496 | NS      | $2280701.28   | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FRP Holdings Inc                   | FRP Holdings Inc                       | CUSIP: 30292L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5423 | NS      | $292082.78    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Urstadt Biddle Properties Inc      | Urstadt Biddle Properties Inc          | CUSIP: 917286205<br>LEI: 549300XXD0YL0AER3Z82 | Long             | EC               | CORP              | US        |     29537 | NS      | $559726.15    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent              | American Homes 4 Rent                  | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |     21767 | NS      | $656057.38    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Armada Hoffler Properties Inc      | Armada Hoffler Properties Inc          | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               | CORP              | US        |     28582 | NS      | $328693.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties In     | Equity LifeStyle Properties Inc        | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |     22711 | NS      | $1467130.60   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovative Industrial Properti     | Innovative Industrial Properties Inc   | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |      9362 | NS      | $948838.70    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Commonwealth                | Equity Commonwealth                    | CUSIP: 294628102<br>LEI: 549300YPGVU9PR4L0606 | Long             | EC               | CORP              | US        |     42877 | NS      | $1070638.69   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Pioneer Real Estate Shares

**Signature:** Anthony J. Koenig, Jr

**Name of Signer:** Anthony J. Koenig, Jr

**Title:** Managing Director, Chief Operations Officer & Treasurer of the Funds