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      <invstOrSec>
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      <invstOrSec>
        <name>ALPHABET INC-CL A</name>
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        <name>FACEBOOK INC-CLASS A</name>
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        <name>CDW CORP/DE</name>
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        <name>VERIZON COMMUNICATIONS INC</name>
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      <invstOrSec>
        <name>KIMBERLY-CLARK CORP</name>
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        <name>S&amp;P GLOBAL INC</name>
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        <name>ACCENTURE PLC-CL A</name>
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        <fairValLevel>1</fairValLevel>
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        <name>UNITED RENTALS INC</name>
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        <name>AUTODESK INC</name>
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        <name>BANK OF AMERICA CORP</name>
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        <name>APPLE INC</name>
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        <name>HESS CORP</name>
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        <name>ROCKWELL AUTOMATION INC</name>
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        <name>HOLOGIC INC</name>
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        <name>COMCAST CORP-CLASS A</name>
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        <name>ZIMMER BIOMET HOLDINGS INC</name>
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        <name>NOVO-NORDISK A/S-SPONS ADR</name>
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        <name>EATON CORP PLC</name>
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        <name>PPL CORP</name>
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      <invstOrSec>
        <name>ARISTA NETWORKS INC</name>
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      <invstOrSec>
        <name>GUIDEWIRE SOFTWARE INC</name>
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        <name>VF CORP</name>
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        <name>STANLEY BLACK &amp; DECKER INC</name>
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        <name>BROWN-FORMAN CORP-CLASS B</name>
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        <name>ULTA BEAUTY INC</name>
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        <name>AMERICAN EXPRESS CO</name>
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        <name>ROCHE HOLDINGS LTD-SPONS ADR</name>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27282902.48000000</valUSD>
        <pctVal>1.696167521307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>US TREAS NTS V/R 01/31/22</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY FLOATING RATE NOTE V/R 0.30405700</title>
        <cusip>912828Z45</cusip>
        <identifiers>
          <isin value="US912828Z450"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5006535.85000000</valUSD>
        <pctVal>0.311254402249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.30405700</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMPHENOL CORP-CL A</name>
        <lei>549300D3L3G0R4U4VT04</lei>
        <title>AMPHENOL CORP-CL A 0.00000000</title>
        <cusip>032095101</cusip>
        <identifiers>
          <isin value="US0320951017"/>
        </identifiers>
        <balance>278069.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26641790.89000000</valUSD>
        <pctVal>1.656309861100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ESSEX PROPERTY TRUST INC</name>
        <lei>N/A</lei>
        <title>ESSEX PROPERTY TRUST INC 0.00000000</title>
        <cusip>297178105</cusip>
        <identifiers>
          <isin value="US2971781057"/>
        </identifiers>
        <balance>121030.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27736445.10000000</valUSD>
        <pctVal>1.724364091013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELI LILLY &amp; CO</name>
        <lei>N/A</lei>
        <title>ELI LILLY &amp; CO 0.00000000</title>
        <cusip>532457108</cusip>
        <identifiers>
          <isin value="US5324571083"/>
        </identifiers>
        <balance>151460.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24866702.80000000</valUSD>
        <pctVal>1.545953319383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMAZON.COM INC</name>
        <lei>N/A</lei>
        <title>AMAZON.COM INC 0.00000000</title>
        <cusip>023135106</cusip>
        <identifiers>
          <isin value="US0231351067"/>
        </identifiers>
        <balance>32614.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>89976155.48000000</valUSD>
        <pctVal>5.593782872960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COGNIZANT TECH SOLUTIONS-A</name>
        <lei>5493006IEVQEFQO40L83</lei>
        <title>COGNIZANT TECH SOLUTIONS-A 0.00000000</title>
        <cusip>192446102</cusip>
        <identifiers>
          <isin value="US1924461023"/>
        </identifiers>
        <balance>392348.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22293213.36000000</valUSD>
        <pctVal>1.385960473762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN ELECTRIC POWER</name>
        <lei>N/A</lei>
        <title>AMERICAN ELECTRIC POWER 0.00000000</title>
        <cusip>025537101</cusip>
        <identifiers>
          <isin value="US0255371017"/>
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        <balance>225209.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17935644.76000000</valUSD>
        <pctVal>1.115052115071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>APTIV PLC</name>
        <lei>N/A</lei>
        <title>APTIV PLC 0.00000000</title>
        <cusip>G6095L109</cusip>
        <identifiers>
          <isin value="JE00B783TY65"/>
        </identifiers>
        <balance>303429.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23643187.68000000</valUSD>
        <pctVal>1.469887856410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NETAPP INC</name>
        <lei>N/A</lei>
        <title>NETAPP INC 0.00000000</title>
        <cusip>64110D104</cusip>
        <identifiers>
          <isin value="US64110D1046"/>
        </identifiers>
        <balance>288181.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12786590.97000000</valUSD>
        <pctVal>0.794937427476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SIGNATURE BANK</name>
        <lei>N/A</lei>
        <title>SIGNATURE BANK 0.00000000</title>
        <cusip>82669G104</cusip>
        <identifiers>
          <isin value="US82669G1040"/>
        </identifiers>
        <balance>73932.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7904809.44000000</valUSD>
        <pctVal>0.491438953171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOTOROLA SOLUTIONS INC</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
        <title>MOTOROLA SOLUTIONS INC 0.00000000</title>
        <cusip>620076307</cusip>
        <identifiers>
          <isin value="US6200763075"/>
        </identifiers>
        <balance>218844.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>30666609.72000000</valUSD>
        <pctVal>1.906531294967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Pioneer Series Trust XI</ncom:nameOfApplicant>
      <ncom:signature>Mark E. Bradley </ncom:signature>
      <ncom:signerName>Mark E. Bradley </ncom:signerName>
      <ncom:title>Treasurer and Chief Accounting and Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
