<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 0000930709
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 PIONEER VARIABLE CONTRACTS TRUST
001 B000000 811-8786
001 C000000 6177427825
002 A000000 60 STATE STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
002 D020000 1820
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 8
007 C010100 1
007 C020100 INTERNATIONAL GROWTH PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 CAPITAL GROWTH PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 REAL ESTATE GROWTH PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 EQUITY-INCOME PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 BALANCED PORTFOLIO
007 C030500 N
007 C010600 6
007 C020600 AMERICA INCOME PORTFOLIO
007 C030600 N
007 C010700 7
007 C020700 MONEY MARKET PORTFOLIO
007 C030700 N
007 C010800 8
007 C020800 SWISS BOND FRANC PORTFOLIO
007 C030800 N
007 C010900 9
007 C011000 10
011 A00AA01 PIONEER FUNDS DISTRIBUTOR, INC.
011 B00AA01 8-41256
<PAGE> PAGE 2
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02109
011 C04AA01 1820
012 A00AA01 PIONEERING SERVICES CORPORATION
012 B00AA01 84-1359
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02109
012 C04AA01 1820
013 A00AA01 ARTHUR ANDERSON LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
013 B04AA01 2604
015 A00AA01 BROWN BROTHERS HARRIMAN & COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02109
015 C04AA01 1820
015 E01AA01 X
015 A00AA02 NATIONAL AUSTRALIA BANK LIMITED
015 B00AA02 S
015 C01AA02 MELBOURNE
015 D01AA02 AUSTRALIA
015 D02AA02 3000
015 E04AA02 X
015 A00AA03 CREDITANSTALT BANK VEREIN
015 B00AA03 S
015 C01AA03 VIENNA A-1090
015 D01AA03 AUSTRIA
015 D02AA03 A-1090
015 E04AA03 X
015 A00AA04 BANQUE BRUXELLES LAMBERT S.A.
015 B00AA04 S
015 C01AA04 BRUSSELS
015 D01AA04 BELGIUM
015 D02AA04 1040
015 E04AA04 X
015 A00AA05 DEN DANSKE BANK
015 B00AA05 S
015 C01AA05 COPENHAGEN
015 D01AA05 DENMARK
015 D02AA05 DK-1092
015 E04AA05 X
015 A00AA06 MERITA BANK
015 B00AA06 S
015 C01AA06 HELSINKI
015 D01AA06 FINLAND
015 D02AA06 SF-00100
<PAGE> PAGE 3
015 E04AA06 X
015 A00AA07 MORGAN GUARANTY TRUST COMPANY
015 B00AA07 S
015 C01AA07 PARIS
015 D01AA07 FRANCE
015 D02AA07 75001
015 E04AA07 X
015 A00AA08 DRESDNER BANK
015 B00AA08 S
015 C01AA08 FRANKFURT 17
015 D01AA08 GERMANY
015 D02AA08 60325
015 E04AA08 X
015 A00AA09 CHASE MANHATTAN BANK, HOG KONG
015 B00AA09 S
015 C01AA09 HONG KONG
015 D01AA09 HONG KONG
015 E04AA09 X
015 A00AA10 BANCA COMMERCIALE ITALIANA
015 B00AA10 S
015 C01AA10 MILAN
015 D01AA10 ITALY
015 D02AA10 20121
015 E04AA10 X
015 A00AA11 THE SUMITOMO BANK AND TRUST COMPANY
015 B00AA11 S
015 C01AA11 TOKYO 100
015 D01AA11 JAPAN
015 D02AA11 100
015 E04AA11 X
015 A00AA12 HONG KONG AND SHANGHAI BANKING CORPORATION
015 B00AA12 S
015 C01AA12 KUALA LAMPUR
015 D01AA12 MALAYSIA
015 D02AA12 50100
015 E04AA12 X
015 A00AA13 CITIBANK S.A.
015 B00AA13 S
015 C01AA13 MEXICO CITY
015 D01AA13 MEXICO
015 D02AA13 06695
015 E04AA13 X
015 A00AA14 ABN/AMRO BANK
015 B00AA14 S
015 C01AA14 BREDA
015 D01AA14 NETHERLANDS
015 E04AA14 X
015 A00AA15 DEN NORSKE BANK, OSLO
015 B00AA15 S
015 C01AA15 SENTRUM N-0107
015 D01AA15 NORWAY
<PAGE> PAGE 4
015 E04AA15 X
015 A00AA16 CITIBANK N.A. MANILA
015 B00AA16 S
015 C01AA16 MAKATI METRO, MANILA
015 D01AA16 PHILLIPINES
015 E04AA16 X
015 A00AA17 BANCO ESPIRITO SANTO E COMMERCIAL DE LISBOA
015 B00AA17 S
015 C01AA17 LISBON
015 D01AA17 PORTUGAL
015 D02AA17 1200
015 E04AA17 X
015 A00AA18 BANCO DE SANTANDER, AMDRID
015 B00AA18 S
015 C01AA18 MADRID
015 D01AA18 SPAIN
015 D02AA18 28022
015 E04AA18 X
015 A00AA19 SKANDINAVISKA ENSKILDA BANKEN
015 B00AA19 S
015 C01AA19 STOCKHOLM
015 D01AA19 SWEDEN
015 D02AA19 S-10640
015 E04AA19 X
015 A00AA20 SWISS BANK CORPORATION
015 B00AA20 S
015 C01AA20 ZURICH
015 D01AA20 SWITZERLAND
015 D02AA20 CH-8022
015 E04AA20 X
015 A00AA21 THE ROYAL BANK OF SCOTLAND
015 B00AA21 S
015 C01AA21 LONDON
015 D01AA21 UNITED KINGDOM
015 E04AA21 X
015 A00AA22 CHASE MANHATTAN BANK, SINGAPORE
015 B00AA22 S
015 C01AA22 SINGAPORE
015 D01AA22 REPUB. OF SINGAPORE
015 D02AA22 0104
015 E04AA22 X
015 A00AA23 CITIBANK N.A., SEOUL
015 B00AA23 S
015 C01AA23 SEOUL
015 D01AA23 KOREA
015 D02AA23 110
015 E04AA23 X
015 A00AA24 HONG KONG AND SHAGHAI BANKING CORPORATION
015 B00AA24 S
015 C01AA24 BANGKOK
015 D01AA24 THAILAND
<PAGE> PAGE 5
015 D02AA24 10500
015 E04AA24 X
015 A00AA25 CENTRAL TRUST OF CHINA
015 B00AA25 S
015 C01AA25 TAIPEI
015 D01AA25 TAIWAN R.O.C.
015 E04AA25 X
015 A00AA26 BANK OF BOSTON SAO PAULO
015 B00AA26 S
015 C01AA26 SAO PAULO
015 D01AA26 BRAZIL
015 D02AA26 01009
015 E04AA26 X
015 A00AA27 CITIBANK, N.A. BUENOS AIRES
015 B00AA27 S
015 C01AA27 BUENOS AIRES
015 D01AA27 ARGENTINA
015 D02AA27 1036
015 E04AA27 X
015 A00AA28 CITIBANK N.A., JAKARTA
015 B00AA28 S
015 C01AA28 JAKARTA
015 D01AA28 INDONESIA
015 D02AA28 12910
015 E04AA28 X
015 A00AA29 CITIBANK N.A., BOMBAY
015 B00AA29 S
015 C01AA29 BOMBAY
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015 E04AA29 X
015 A00AA30 STANDARD CHARTERED BANK, KARACHI
015 B00AA30 S
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015 D01AA30 PAKISTAN
015 D02AA30 74000
015 E04AA30 X
015 A00AA31 CITIBANK S.A. POLAND
015 B00AA31 S
015 C01AA31 WARSAW
015 D01AA31 POLAND
015 D02AA31 00-400
015 E04AA31 X
015 A00AA32 FIRST NATIONAL BANK OF SOUTHERN AFRICA
015 B00AA32 S
015 C01AA32 JOHANNESBURG
015 D01AA32 SOUTH AFRICA
015 D02AA32 20011
015 E04AA32 X
015 A00AA33 CITIBANK N.A., ISTANBUL
015 B00AA33 S
<PAGE> PAGE 6
015 C01AA33 ISTANBUL
015 D01AA33 TURKEY
015 D02AA33 80860
015 E04AA33 X
015 A00AA34 STANDARD CHARTERED BANK, SHANGHAI
015 B00AA34 S
015 C01AA34 SHANGHAI
015 D01AA34 CHINA
015 D02AA34 200085
015 E04AA34 X
015 A00AA35 STANDARD CHARTERED BANK, SHENZHEN
015 B00AA35 S
015 C01AA35 SHENZHEN
015 D01AA35 CHINA
015 D02AA35 518014
015 E04AA35 X
015 A00AA36 CITIBANK N.A., BOGOTA
015 B00AA36 S
015 C01AA36 BOGOTA
015 D01AA36 COLOMBIA
015 E04AA36 X
015 A00AA37 CANADIAN IMPERIAL BANK OF COMMERCE
015 B00AA37 S
015 C01AA37 QUEBEC
015 D01AA37 CANADA
015 E04AA37 X
015 A00AA38 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B00AA38 S
015 C01AA38 PRAGUE
015 D01AA38 CZECH REPUBLIC
015 E04AA38 X
015 A00AA39 CITIBANK N.A., ATHENS
015 B00AA39 S
015 C01AA39 ATHENS
015 D01AA39 GREECE
015 D02AA39 10559
015 E04AA39 X
015 A00AA40 CITIBANK BUDAPEST R.T.
015 B00AA40 S
015 C01AA40 BUDAPEST
015 D01AA40 HUNGARY
015 E04AA40 X
015 A00AA41 NATIONAL AUSTRALIA BANK LIMITED
015 B00AA41 S
015 C01AA41 AUCKLAND
015 D01AA41 NEW ZEALAND
015 E04AA41 X
015 A00AA42 CITIBANK N.A., SANTIAGO
015 B00AA42 S
015 C01AA42 SANTIAGO
015 D01AA42 CHILE
<PAGE> PAGE 7
015 E04AA42 X
015 A00AA43 ALLIED IRISH BANKS PLC
015 B00AA43 S
015 C01AA43 DUBLIN
015 D01AA43 IRELAND
015 E04AA43 X
015 A00AA44 BANK HAPOALIM B.M.
015 B00AA44 S
015 C01AA44 HAPOALIM
015 D01AA44 ISRAEL
015 E04AA44 X
015 A00AA45 BANQUE MAROCAINE DU COMMERCE EXTERIEUR
015 B00AA45 S
015 C01AA45 MOROCCO
015 D01AA45 MOROCCO
015 E04AA45 X
015 A00AA46 HONG KONG AND SHANGHAI BANKING CORPORATION
015 B00AA46 S
015 C01AA46 COLOMBO
015 D01AA46 SRI LANKA
015 E04AA46 X
015 A00AA47 CITIBANK N.A., MONTEVIDEO
015 B00AA47 S
015 C01AA47 MONTEVIDEO
015 D01AA47 URUGUAY
015 E04AA47 X
015 A00AA48 CITIBANK N.A., CARACAS
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018 00AA00 Y
019 A00AA00 Y
019 B00AA00 29
019 C00AA00 PIONEERFDS
020 A000001 WERTHEIM SCHRODER
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<PAGE> PAGE 8
020 A000008 BEAR STEARNS
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<PAGE> PAGE 9
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
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053 B00AA00 Y
053 C00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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SIGNATURE ROBERT P. NAULT
TITLE ASSISTANT SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000930709
<NAME> PIONEER VARIABLE CONTRACTS TRUST
<SERIES>
<NUMBER> 01
<NAME> INTERNATIONAL GROWTH PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000930709
<NAME> PIONEER VARIABLE CONTRACTS TRUST
<SERIES>
<NUMBER> 02
<NAME> CAPITAL GROWTH PORTFOLIO
<S> <C>
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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000930709
<NAME> PIONEER VARIABLE CONTRACTS TRUST
<SERIES>
<NUMBER> 03
<NAME> REAL ESTATE SHARES
<S> <C>
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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000930709
<NAME> PIONEER VARIABLE CONTRACTS TRUST
<SERIES>
<NUMBER> 04
<NAME> EQUITY-INCOME PORTFOLIO
<S> <C>
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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000930709
<NAME> PIONEER VARIABLE CONTRACTS TRUST
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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000930709
<NAME> PIONEER VARIABLE CONTRACTS TRUST
<SERIES>
<NUMBER> 06
<NAME> AMERICA INCOME PORTFOLIO
<S> <C>
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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000930709
<NAME> PIONEER VARIABLE CONTRACTS TRUST
<SERIES>
<NUMBER> 07
<NAME> MONEY MARKET PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
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<PERIOD-END> JUN-30-1996
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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000930709
<NAME> PIONEER VARIABLE CONTRACTS TRUST
<SERIES>
<NUMBER> 08
<NAME> SWISS FRANC BOND PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
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</TABLE>
[TYPE] EX-22
[DESCRIPTION] Definitive proxy
Attached please find the definitive proxy statement for Pioneer Variable
Contracts Trust Real Estate Growth Portfolio, incorporated by reference, that
was filed on February 5, 1996, Accension #0000930709-96-000007. This is as
attachment for question 77(c) on Screen 38 for the Semi-Annual N-SAR for Pioneer
Variable Contracts Trust Real Estate Portfolio.
