As one of the oldest and most experienced money managers in the United States, Pioneer Investments has been a leading innovator in the investment management industry for 80 years. Today, our organization is worldwide. Pioneer Global Asset Management S.p.A. and its subsidiaries manage $311.8 billion (as of December 31, 2007) under the name Pioneer Investments, including $78.6 billion managed in the U.S.

Pioneer manages a wide range of mutual funds designed for any number of investors –from those who seek current income today, to those with financial goals that are years down the road. In addition, Pioneer offers a variety of retirement plans and services for both individuals and businesses.

At Pioneer Investments, our approach to asset management is grounded in meticulous research, experienced portfolio management and a patient long-term outlook.