PIONEER GROWTH SHARES
NSAR-A, EX-27, 2000-08-17
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000069404
<NAME> PIONEER GROWTH SHARES
<SERIES>
   <NUMBER> 004
   <NAME> PIONEER GROWTH SHARES CLASS Y
<CURRENCY> US

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                       2412694099
<INVESTMENTS-AT-VALUE>                      2618793928
<RECEIVABLES>                                  2850731
<ASSETS-OTHER>                                  289405
<OTHER-ITEMS-ASSETS>                               408
<TOTAL-ASSETS>                              2621934472
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     91850849
<TOTAL-LIABILITIES>                           91850849
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    2215244999
<SHARES-COMMON-STOCK>                           347493
<SHARES-COMMON-PRIOR>                           315657
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        13526857
<ACCUMULATED-NET-GAINS>                      122265652
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     206099829
<NET-ASSETS>                                2530083623
<DIVIDEND-INCOME>                              5002787
<INTEREST-INCOME>                              2375486
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                20905130
<NET-INVESTMENT-INCOME>                     (13526857)
<REALIZED-GAINS-CURRENT>                      10062282
<APPREC-INCREASE-CURRENT>                   (60186021)
<NET-CHANGE-FROM-OPS>                       (63650596)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         162725
<NUMBER-OF-SHARES-REDEEMED>                     130889
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (692512061)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    112203370
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          8881202
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               21229818
<AVERAGE-NET-ASSETS>                           7184973
<PER-SHARE-NAV-BEGIN>                            20.37
<PER-SHARE-NII>                                 (0.03)
<PER-SHARE-GAIN-APPREC>                         (0.02)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.32
<EXPENSE-RATIO>                                   0.66


</TABLE>


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