Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Acquires $33,948.00 in Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. acquired 2,829 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction on Friday, January 31st. The stock was acquired at an average price of $12.00 per share, with a total value of $33,948.00. Following the purchase, the insider now directly owns 2,113,637 shares in the company, valued at approximately $25,363,644. This trade represents a 0.13 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock 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, January 27th, Saba Capital Management, L.P. purchased 913 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $11.97 per share, for a total transaction of $10,928.61.
• On Thursday, January 23rd, Saba Capital Management, L.P. acquired 11,150 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $11.92 per share, with a total value of $132,908.00.
• On Tuesday, January 21st, Saba Capital Management, L.P. bought 51 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price of $11.91 per share, for a total transaction of $607.41.
• On Thursday, January 16th, Saba Capital Management, L.P. purchased 6,637 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $11.84 per share, with a total value of $78,582.08.
• On Friday, January 10th, Saba Capital Management, L.P. acquired 100 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased 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. bought 2,769 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.00 per share, with a total value of $33,228.00.
• On Thursday, January 2nd, Saba Capital Management, L.P. purchased 5,317 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $11.96 per share, for a total transaction of $63,591.32.
• On Monday, December 30th, Saba Capital Management, L.P. acquired 21,469 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased 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. bought 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $11.85 per share, with a total value of $389,995.35.
• On Monday, December 23rd, Saba Capital Management, L.P. bought 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average price of $11.85 per share, with a total value of $144,155.25.

Pioneer Municipal High Income Opportunities Fund Stock Performance

Shares of MIO stock opened at $12.12 on Thursday. Pioneer Municipal High Income Opportunities Fund, Inc. has a 12 month low of $10.75 and a 12 month high of $12.62. The firm’s 50 day moving average is $12.05 and its 200 day moving average is $12.13.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were given a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.95%. The ex-dividend date was Wednesday, January 15th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Noble Wealth Management PBC bought a new position in shares of Pioneer Municipal High Income Opportunities Fund in the fourth quarter valued at approximately $319,000. Van ECK Associates Corp boosted its holdings in Pioneer Municipal High Income Opportunities Fund by 1.9% in the 4th quarter. Van ECK Associates Corp now owns 121,916 shares of the company’s stock valued at $1,446,000 after purchasing an additional 2,279 shares during the period. Catalina Capital Group LLC bought a new position in Pioneer Municipal High Income Opportunities Fund in the 4th quarter valued at $219,000. Rivernorth Capital Management LLC grew its position in shares of Pioneer Municipal High Income Opportunities Fund by 49.9% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,132,947 shares of the company’s stock valued at $14,049,000 after purchasing an additional 377,242 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of Pioneer Municipal High Income Opportunities Fund in the second quarter worth $388,000.