Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Purchases 11,150 Shares

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. bought 11,150 shares of the company’s stock in a transaction dated Thursday, January 23rd. The stock was purchased at an average cost of $11.92 per share, for a total transaction of $132,908.00. Following the completion of the transaction, the insider now owns 2,107,195 shares of the company’s stock, valued at $25,117,764.40. This represents a 0.53 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 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 Tuesday, January 21st, Saba Capital Management, L.P. bought 51 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $11.91 per share, for a total transaction of $607.41.
• On Thursday, January 16th, Saba Capital Management, L.P. bought 6,637 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $11.84 per share, for a total transaction of $78,582.08.
• On Friday, January 10th, Saba Capital Management, L.P. purchased 100 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $11.89 per share, with a total value of $1,189.00.
• On Wednesday, January 8th, Saba Capital Management, L.P. purchased 2,769 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price 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 bought 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 shares were bought 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. bought 32,911 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 $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 stock was purchased at an average cost of $11.85 per share, for a total transaction 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 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. purchased 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.11 per share, for a total transaction of $143,685.15.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.1 %

Shares of MIO stock opened at $12.00 on Wednesday. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1 year low of $10.60 and a 1 year high of $12.62. The firm’s fifty day simple moving average is $12.05 and its 200 day simple moving average is $12.12.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.00%. The ex-dividend date of this dividend is Wednesday, January 15th.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sanctuary Advisors LLC bought a new stake in Pioneer Municipal High Income Opportunities Fund in the 2nd quarter valued at $388,000. Rivernorth Capital Management LLC increased its holdings in Pioneer Municipal High Income Opportunities Fund by 48.0% in the 3rd quarter. Rivernorth Capital Management LLC now owns 1,118,669 shares of the company’s stock valued at $13,871,000 after buying an additional 362,964 shares during the period. Finally, Catalina Capital Group LLC bought a new stake in Pioneer Municipal High Income Opportunities Fund in the 4th quarter valued at $219,000.