PIONEER LARGE CAP VALUE FUND
N-18F1, 2000-03-28
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     As filed with the Securities and Exchange Commission on March 27, 2000


                                  Form N-18F-1


                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


           NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1 UNDER THE
                         INVESTMENT COMPANY ACT OF 1940



     The undersigned registered open-end investment company hereby notifies the

Securities and Exchange Commission that it elects to commit itself to pay in

cash all redemptions by a shareholder of record as provided by Rule 18f-1 under

the Investment Company Act of 1940.  It is understood that this election is

irrevocable while such Rule is in effect unless the Commission by order upon

application permits the withdrawal of this notification of election.

     Pursuant to the requirements of Rule 18f-1 under the Investment Company Act

of 1940, the registrant has caused this notification of election to be duly

executed on its behalf in the City of Boston and the Commonwealth of

Massachusetts on the 27th day of March, 2000.

Attest:                                   PIONEER LARGE-CAP VALUE FUND



/s/ Robert P. Nault                       /s/ John F. Cogan, Jr.
Robert P. Nault                           John F. Cogan, Jr.
Assistant Secretary                       Chairman and President


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