PIONEER THREE
NSAR-A/A, 1995-06-01
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<PAGE>      PAGE  2
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SIGNATURE   WILLIAM H.KEOUGH                             
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE>                                   6 
<CIK>                                       0000706155
<NAME>                                      Pioneer Three
<SERIES>
<NUMBER>                                    0 
<NAME>                                      NONE
<MULTIPLIER>                                1 
<CURRENCY>                                  U. S .Dollars
<PERIOD-TYPE>                               6-MOS
<FISCAL-YEAR-END>                           SEP-30-1994
<PERIOD-START>                              OCT-01-1994
<PERIOD-END>                                MAR-31-1995
<EXCHANGE-RATE>                             1.00000 
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<AVG-DEBT-PER-SHARE>                        0.000 





</TABLE>


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