Saba Capital Management, L.P. Acquires 10,567 Shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Stock

Posted by Ed Jones on Nov 2nd, 2024

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction dated Tuesday, October 29th. The stock was bought at an average cost of $12.01 per share, with a total value of $126,909.67. Following the completion of the transaction, the insider now owns 1,843,121 shares in the company, valued at approximately $22,135,883.21. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own at least 10% 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 Wednesday, August 28th, Saba Capital Management, L.P. purchased 1,500 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.09 per share, with a total value of $18,135.00.
On Friday, August 23rd, Saba Capital Management, L.P. purchased 5,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.15 per share, with a total value of $69,255.00.
On Wednesday, August 21st, Saba Capital Management, L.P. purchased 11,768 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.12 per share, with a total value of $142,628.16.
On Monday, August 12th, Saba Capital Management, L.P. bought 12,078 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 $146,023.02.
On Wednesday, August 7th, Saba Capital Management, L.P. bought 21,537 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.12 per share, for a total transaction of $261,028.44.
On Monday, August 5th, Saba Capital Management, L.P. bought 5,200 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $11.93 per share, for a total transaction of $62,036.00.

Pioneer Municipal High Income Opportunities Fund Trading Down 0.5 %

Pioneer Municipal High Income Opportunities Fund stock opened at $12.07 on Friday. The business’s 50-day simple moving average is $12.28 and its two-hundred day simple moving average is $11.83. Pioneer Municipal High Income Opportunities Fund, Inc. has a fifty-two week low of $9.62 and a fifty-two week high of $12.62.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Friday, October 18th were paid a dividend of $0.05 per share. The ex-dividend date was Friday, October 18th. This represents a $0.60 annualized dividend and a yield of 4.97%.

Institutional Trading of Pioneer Municipal High Income Opportunities Fund

Several large investors have recently added to or reduced their stakes in MIO. WMG Financial Advisors LLC purchased a new stake in Pioneer Municipal High Income Opportunities Fund during the 2nd quarter valued at about $117,000. Prudent Investors Network Inc. purchased a new stake in Pioneer Municipal High Income Opportunities Fund during the 1st quarter valued at about $117,000. Blue Bell Private Wealth Management LLC boosted its stake in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% in the second 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 during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Pioneer Municipal High Income Opportunities Fund in the second quarter worth about $388,000. Finally, Whitebox Advisors LLC purchased a new stake in shares of Pioneer Municipal High Income Opportunities Fund in the first quarter worth about $504,000.