Saba Capital Management, L.P. Purchases 913 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 913 shares of the firm’s stock in a transaction dated Monday, January 27th. The stock was acquired at an average cost of $11.97 per share, with a total value of $10,928.61. Following the transaction, the insider now owns 2,110,608 shares of the company’s stock, valued at $25,263,977.76. This trade represents a 0.04 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

• On Thursday, January 23rd, Saba Capital Management, L.P. acquired 11,150 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost 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 shares were acquired 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. purchased 6,637 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost 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 shares were bought at an average cost 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 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, 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 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. bought 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased 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 purchased 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 purchased at an average cost of $12.00 per share, with a total value of $249,900.00.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.2 %

Shares of MIO opened at $12.04 on Thursday. The firm’s 50 day moving average price is $12.05 and its 200 day moving average price is $12.12. Pioneer Municipal High Income Opportunities Fund, Inc. has a twelve month low of $10.60 and a twelve month high of $12.62.

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 4.99%.

Institutional Investors Weigh In On Pioneer Municipal High Income Opportunities Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Sanctuary Advisors LLC bought a new position in Pioneer Municipal High Income Opportunities Fund during the second quarter valued at about $388,000. Rivernorth Capital Management LLC increased its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 48.0% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,118,669 shares of the company’s stock valued at $13,871,000 after acquiring an additional 362,964 shares during the last quarter. Catalina Capital Group LLC bought a new position in shares of Pioneer Municipal High Income Opportunities Fund in the 4th quarter valued at approximately $219,000. Finally, Van ECK Associates Corp raised its stake in shares of 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 acquiring an additional 2,279 shares in the last quarter.