Saba Capital Management, L.P. Buys 26,990 Shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Stock

Posted by Linda Flegge on Apr 16th, 2025

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. bought 26,990 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction on Friday, April 11th. The stock was acquired at an average price of $11.18 per share, for a total transaction of $301,748.20. Following the purchase, the insider now owns 2,143,792 shares of the company’s stock, valued at approximately $23,967,594.56. This trade represents a 1.28 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 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, April 7th, Saba Capital Management, L.P. purchased 700 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price of $11.64 per share, for a total transaction of $8,148.00.
On Friday, January 31st, Saba Capital Management, L.P. acquired 2,829 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.00 per share, with a total value of $33,948.00.
On Monday, January 27th, Saba Capital Management, L.P. bought 913 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were 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. purchased 11,150 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased 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. acquired 51 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased 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. bought 6,637 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $11.84 per share, with a total value of $78,582.08.

Pioneer Municipal High Income Opportunities Fund Stock Performance

MIO stock opened at $11.24 on Wednesday. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1-year low of $10.95 and a 1-year high of $12.62. The business has a 50-day moving average price of $11.92 and a 200 day moving average price of $12.04.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Thursday, April 17th will be issued a $0.05 dividend. The ex-dividend date is Thursday, April 17th. This represents a $0.60 annualized dividend and a dividend yield of 5.34%.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. bought a new position in Pioneer Municipal High Income Opportunities Fund in the fourth quarter worth approximately $167,000. Independent Advisor Alliance purchased a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the 4th quarter worth $172,000. Catalina Capital Group LLC bought a new stake in Pioneer Municipal High Income Opportunities Fund during the fourth quarter valued at about $219,000. Noble Wealth Management PBC bought a new stake in Pioneer Municipal High Income Opportunities Fund during the fourth quarter valued at about $319,000. Finally, Atala Financial Inc purchased a new position in Pioneer Municipal High Income Opportunities Fund in the fourth quarter valued at about $380,000.