Saba Capital Management, L.P. Acquires 1,660 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. acquired 1,660 shares of the company’s stock in a transaction on Monday, November 11th. The stock was acquired at an average price of $12.14 per share, for a total transaction of $20,152.40. Following the completion of the purchase, the insider now owns 1,852,495 shares of the company’s stock, valued at $22,489,289.30. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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. purchased 5,253 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price of $12.14 per share, for a total transaction of $63,771.42.
• On Thursday, October 31st, Saba Capital Management, L.P. bought 2,461 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.08 per share, for a total transaction of $29,728.88.
• On Tuesday, October 29th, Saba Capital Management, L.P. purchased 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost of $12.01 per share, with a total value of $126,909.67.
• On Wednesday, August 28th, Saba Capital Management, L.P. acquired 1,500 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.09 per share, for a total transaction 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 purchased at an average price of $12.15 per share, for a total transaction 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 purchased at an average cost of $12.12 per share, with a total value of $142,628.16.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.5 %

Shares of MIO opened at $12.22 on Thursday. The stock’s 50 day moving average is $12.27 and its two-hundred day moving average is $11.89. Pioneer Municipal High Income Opportunities Fund, Inc. has a twelve month low of $9.90 and a twelve month high of $12.62.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date is Friday, November 15th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MIO. Sanctuary Advisors LLC acquired a new position in Pioneer Municipal High Income Opportunities Fund during the second quarter worth about $388,000. Whitebox Advisors LLC boosted its stake 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 worth $1,335,000 after acquiring an additional 70,022 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock worth $280,000 after acquiring an additional 10,906 shares during the period. WMG Financial Advisors LLC purchased a new position in Pioneer Municipal High Income Opportunities Fund in the 2nd quarter valued at approximately $117,000. Finally, Prudent Investors Network Inc. acquired a new position in Pioneer Municipal High Income Opportunities Fund during the first quarter worth $117,000.