Saba Capital Management, L.P. Acquires 5,317 Shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. bought 5,317 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction that occurred on Thursday, January 2nd. The stock was purchased at an average cost of $11.96 per share, for a total transaction of $63,591.32. Following the purchase, the insider now owns 2,085,255 shares of the company’s stock, valued at $24,939,649.80. The trade was a 0.26 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 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, December 30th, Saba Capital Management, L.P. bought 21,469 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $11.91 per share, with a total value of $255,695.79.
• On Thursday, December 26th, Saba Capital Management, L.P. acquired 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $11.85 per share, with a total value of $389,995.35.
• On Monday, December 23rd, Saba Capital Management, L.P. acquired 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $11.85 per share, with a total value of $144,155.25.
• On Thursday, December 19th, Saba Capital Management, L.P. bought 20,825 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.00 per share, for a total transaction of $249,900.00.
• On Tuesday, December 17th, Saba Capital Management, L.P. acquired 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost of $12.11 per share, for a total transaction of $143,685.15.
• On Thursday, December 12th, Saba Capital Management, L.P. acquired 7,505 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost of $12.18 per share, with a total value of $91,410.90.
• On Tuesday, December 10th, Saba Capital Management, L.P. bought 7,284 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.26 per share, for a total transaction of $89,301.84.
• On Wednesday, November 27th, Saba Capital Management, L.P. acquired 3,881 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.19 per share, with a total value of $47,309.39.
• On Monday, November 25th, Saba Capital Management, L.P. acquired 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.10 per share, for a total transaction of $44,770.00.
• On Thursday, November 21st, Saba Capital Management, L.P. bought 8,760 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.05 per share, with a total value of $105,558.00.

Pioneer Municipal High Income Opportunities Fund Trading Down 0.1 %

Shares of NYSE MIO traded down $0.01 during midday trading on Monday, reaching $11.99. The company had a trading volume of 5,922 shares, compared to its average volume of 9,048. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1 year low of $10.48 and a 1 year high of $12.62. The business’s 50-day simple moving average is $12.10 and its 200 day simple moving average is $12.09.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 12th.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

A number of hedge funds have recently bought and sold shares of MIO. Sanctuary Advisors LLC purchased a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the second quarter worth about $388,000. Whitebox Advisors LLC lifted its position in shares of Pioneer Municipal High Income Opportunities Fund by 157.0% in the second quarter. Whitebox Advisors LLC now owns 114,612 shares of the company’s stock valued at $1,335,000 after acquiring an additional 70,022 shares in the last quarter. Finally, Rivernorth Capital Management LLC boosted its stake in shares of Pioneer Municipal High Income Opportunities Fund by 48.0% in the third quarter. Rivernorth Capital Management LLC now owns 1,118,669 shares of the company’s stock worth $13,871,000 after acquiring an additional 362,964 shares during the last quarter.