Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Acquires 2,461 Shares

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. purchased 2,461 shares of the company’s stock in a transaction on Thursday, October 31st. The stock was acquired at an average cost of $12.08 per share, for a total transaction of $29,728.88. Following the completion of the purchase, the insider now owns 1,845,582 shares of the company’s stock, valued at approximately $22,294,630.56. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Monday, November 4th, Saba Capital Management, L.P. acquired 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 Tuesday, October 29th, Saba Capital Management, L.P. acquired 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.01 per share, with a total value of $126,909.67.
• On Wednesday, August 28th, Saba Capital Management, L.P. purchased 1,500 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price 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 shares were bought at an average price 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 shares were bought at an average price of $12.12 per share, with a total value of $142,628.16.
• On Monday, August 12th, Saba Capital Management, L.P. purchased 12,078 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $12.09 per share, with a total value of $146,023.02.
• On Wednesday, August 7th, Saba Capital Management, L.P. acquired 21,537 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.12 per share, for a total transaction of $261,028.44.

Pioneer Municipal High Income Opportunities Fund Price Performance

MIO stock opened at $11.82 on Thursday. The stock’s fifty day simple moving average is $12.27 and its two-hundred day simple moving average is $11.86. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1-year low of $9.73 and a 1-year high of $12.62.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a $0.05 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.60 annualized dividend and a yield of 5.08%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Prudent Investors Network Inc. purchased a new position in shares of Pioneer Municipal High Income Opportunities Fund during the 1st quarter valued at $117,000. Whitebox Advisors LLC lifted its position in shares of 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 valued at $1,335,000 after buying an additional 70,022 shares during the last quarter. Blue Bell Private Wealth Management LLC lifted its position in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock valued at $280,000 after buying an additional 10,906 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Pioneer Municipal High Income Opportunities Fund during the 2nd quarter valued at $388,000. Finally, WMG Financial Advisors LLC purchased a new position in shares of Pioneer Municipal High Income Opportunities Fund during the 2nd quarter valued at $117,000.