Insider Buying: Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Acquires 8,760 Shares of Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. bought 8,760 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was bought at an average price of $12.05 per share, with a total value of $105,558.00. Following the completion of the acquisition, the insider now owns 1,896,824 shares of the company’s stock, valued at $22,856,729.20. This trade represents a 0.46 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

• On Monday, November 25th, Saba Capital Management, L.P. purchased 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price of $12.10 per share, for a total transaction of $44,770.00.
• On Tuesday, November 19th, Saba Capital Management, L.P. bought 12,400 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.17 per share, for a total transaction of $150,908.00.
• On Thursday, November 14th, Saba Capital Management, L.P. purchased 8,561 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $12.21 per share, with a total value of $104,529.81.
• On Monday, November 11th, Saba Capital Management, L.P. acquired 1,660 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.14 per share, for a total transaction of $20,152.40.
• On Monday, November 4th, Saba Capital Management, L.P. bought 5,253 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.14 per share, with a total value of $63,771.42.
• On Thursday, October 31st, Saba Capital Management, L.P. purchased 2,461 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $12.08 per share, for a total transaction of $29,728.88.
• On Tuesday, October 29th, Saba Capital Management, L.P. acquired 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.01 per share, with a total value of $126,909.67.
• On Wednesday, August 28th, Saba Capital Management, L.P. bought 1,500 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.09 per share, for a total transaction of $18,135.00.

Pioneer Municipal High Income Opportunities Fund Trading Up 0.7 %

Shares of NYSE MIO opened at $12.12 on Wednesday. The stock has a fifty day moving average price of $12.22 and a 200 day moving average price of $11.95. Pioneer Municipal High Income Opportunities Fund, Inc. has a 12-month low of $9.99 and a 12-month high of $12.62.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.60 annualized dividend and a dividend yield of 4.95%.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rivernorth Capital Management LLC raised its stake in shares of Pioneer Municipal High Income Opportunities Fund by 48.0% during the third quarter. Rivernorth Capital Management LLC now owns 1,118,669 shares of the company’s stock valued at $13,871,000 after purchasing an additional 362,964 shares during the period. Sanctuary Advisors LLC acquired a new stake in Pioneer Municipal High Income Opportunities Fund during the 2nd quarter valued at $388,000. Whitebox Advisors LLC increased its stake in Pioneer Municipal High Income Opportunities Fund by 157.0% during the 2nd quarter. Whitebox Advisors LLC now owns 114,612 shares of the company’s stock worth $1,335,000 after buying an additional 70,022 shares during the period. Blue Bell Private Wealth Management LLC lifted its holdings in Pioneer Municipal High Income Opportunities Fund by 82.9% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock worth $280,000 after buying an additional 10,906 shares in the last quarter. Finally, WMG Financial Advisors LLC purchased a new position in Pioneer Municipal High Income Opportunities Fund in the 2nd quarter valued at about $117,000.