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<!-- Generated by DFIN XBRL Schema Document - http://www.dfinsolutions.com/ - on 20-10-2026 06:59:49 PM -->
<!-- Copyright(c) 2026 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000017026Member" xlink:to="label_C000017026Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pief_C000017027Member" xlink:label="C000017027Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000017027Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Class M Shares</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000017027Member" xlink:to="label_C000017027Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000017027Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000017027 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000017027Member" xlink:to="label_C000017027Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pief_C000017028Member" xlink:label="C000017028Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000017028Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Class R Shares</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000017028Member" xlink:to="label_C000017028Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000017028Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000017028 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000017028Member" xlink:to="label_C000017028Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pief_C000017029Member" xlink:label="C000017029Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000017029Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Class Y Shares</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000017029Member" xlink:to="label_C000017029Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000017029Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000017029 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000017029Member" xlink:to="label_C000017029Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pief_C000118015Member" xlink:label="C000118015Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000118015Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Class R5</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000118015Member" xlink:to="label_C000118015Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000118015Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000118015 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000118015Member" xlink:to="label_C000118015Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pief_C000118016Member" xlink:label="C000118016Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000118016Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Class R6</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000118016Member" xlink:to="label_C000118016Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000118016Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000118016 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000118016Member" xlink:to="label_C000118016Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pief_MarketRisksMember" xlink:label="MarketRisksMember"/>
				<link:label xlink:type="resource" xlink:label="label_MarketRisksMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Market risks [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketRisksMember" xlink:to="label_MarketRisksMember"/>
				<link:loc xlink:type="locator" xlink:href="#pief_ForeignInvestmentsRiskMember" xlink:label="ForeignInvestmentsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ForeignInvestmentsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Foreign investments risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignInvestmentsRiskMember" xlink:to="label_ForeignInvestmentsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pief_GeographicFocusRiskMember" xlink:label="GeographicFocusRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_GeographicFocusRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Geographic focus risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicFocusRiskMember" xlink:to="label_GeographicFocusRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pief_CommonStockRiskMember" xlink:label="CommonStockRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CommonStockRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Common stock risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommonStockRiskMember" xlink:to="label_CommonStockRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pief_LargeShareholderTransactionRiskMember" xlink:label="LargeShareholderTransactionRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_LargeShareholderTransactionRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Large shareholder transaction risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LargeShareholderTransactionRiskMember" xlink:to="label_LargeShareholderTransactionRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pief_CybersecurityRiskMember" xlink:label="CybersecurityRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CybersecurityRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cybersecurity risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CybersecurityRiskMember" xlink:to="label_CybersecurityRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pief_ManagementAndOperationalRiskMember" xlink:label="ManagementAndOperationalRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ManagementAndOperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Management and operational risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManagementAndOperationalRiskMember" xlink:to="label_ManagementAndOperationalRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pief_DerivativesRisksMember" xlink:label="DerivativesRisksMember"/>
				<link:label xlink:type="resource" xlink:label="label_DerivativesRisksMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Derivatives risks [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesRisksMember" xlink:to="label_DerivativesRisksMember"/>

            </link:labelLink>
         </link:linkbase>
      </xs:appinfo>
  </xs:annotation>
	<xs:element name="S000006181Member" id="pief_S000006181Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="MSCIAllCountryWorldExUSIndexNRMember" id="pief_MSCIAllCountryWorldExUSIndexNRMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="MSCIEAFEIndexNRMember" id="pief_MSCIEAFEIndexNRMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000180122Member" id="pief_C000180122Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000017024Member" id="pief_C000017024Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000017025Member" id="pief_C000017025Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000017026Member" id="pief_C000017026Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000017027Member" id="pief_C000017027Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000017028Member" id="pief_C000017028Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000017029Member" id="pief_C000017029Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000118015Member" id="pief_C000118015Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000118016Member" id="pief_C000118016Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="MarketRisksMember" id="pief_MarketRisksMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="ForeignInvestmentsRiskMember" id="pief_ForeignInvestmentsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="GeographicFocusRiskMember" id="pief_GeographicFocusRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CommonStockRiskMember" id="pief_CommonStockRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="LargeShareholderTransactionRiskMember" id="pief_LargeShareholderTransactionRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CybersecurityRiskMember" id="pief_CybersecurityRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="ManagementAndOperationalRiskMember" id="pief_ManagementAndOperationalRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="DerivativesRisksMember" id="pief_DerivativesRisksMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>

</xs:schema>
