Saba Capital Management, L.P. Buys 6,637 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 6,637 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction that occurred on Thursday, January 16th. The shares were acquired at an average price of $11.84 per share, for a total transaction of $78,582.08. Following the acquisition, the insider now directly owns 2,095,894 shares in the company, valued at approximately $24,815,384.96. This represents a 0.32 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own 10% or more 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 Friday, January 10th, Saba Capital Management, L.P. bought 100 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $11.89 per share, for a total transaction of $1,189.00.
• On Wednesday, January 8th, Saba Capital Management, L.P. acquired 2,769 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.00 per share, for a total transaction of $33,228.00.
• On Thursday, January 2nd, Saba Capital Management, L.P. bought 5,317 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $11.96 per share, with a total value of $63,591.32.
• On Monday, December 30th, Saba Capital Management, L.P. purchased 21,469 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost 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 acquired at an average price of $11.85 per share, for a total transaction of $389,995.35.
• On Monday, December 23rd, Saba Capital Management, L.P. purchased 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost of $11.85 per share, with a total value of $144,155.25.
• On Thursday, December 19th, Saba Capital Management, L.P. purchased 20,825 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought 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, with a total value 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 purchased at an average price of $12.18 per share, for a total transaction of $91,410.90.
• On Tuesday, December 10th, Saba Capital Management, L.P. purchased 7,284 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.26 per share, with a total value of $89,301.84.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.8 %

NYSE:MIO opened at $12.05 on Thursday. Pioneer Municipal High Income Opportunities Fund, Inc. has a 52 week low of $10.60 and a 52 week high of $12.62. The stock has a 50 day moving average of $12.07 and a 200-day moving average of $12.12.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.98%.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new position in Pioneer Municipal High Income Opportunities Fund during the 2nd quarter worth $388,000. Whitebox Advisors LLC raised its stake in shares of Pioneer Municipal High Income Opportunities Fund by 157.0% during the second quarter. Whitebox Advisors LLC now owns 114,612 shares of the company’s stock valued at $1,335,000 after purchasing an additional 70,022 shares in the last quarter. Finally, Rivernorth Capital Management LLC lifted its holdings in 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 purchasing an additional 362,964 shares during the period.