Saba Capital Management, L.P. Acquires 1,090 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 1,090 shares of the firm’s stock in a transaction that occurred on Wednesday, May 7th. The stock was acquired at an average price of $11.58 per share, for a total transaction of $12,622.20. Following the completion of the acquisition, the insider now directly owns 2,161,352 shares of the company’s stock, valued at $25,028,456.16. The trade was a 0.05 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Tuesday, April 29th, Saba Capital Management, L.P. bought 197 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average price of $11.51 per share, for a total transaction of $2,267.47.
• On Monday, April 21st, Saba Capital Management, L.P. purchased 5,310 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $11.24 per share, with a total value of $59,684.40.
• On Friday, April 11th, Saba Capital Management, L.P. acquired 26,990 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $11.18 per share, with a total value of $301,748.20.
• On Monday, April 7th, Saba Capital Management, L.P. bought 700 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $11.64 per share, for a total transaction of $8,148.00.

Pioneer Municipal High Income Opportunities Fund Price Performance

Pioneer Municipal High Income Opportunities Fund stock opened at $12.00 on Friday. The company’s 50 day simple moving average is $11.73 and its 200-day simple moving average is $11.95. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1 year low of $11.05 and a 1 year high of $12.62.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a dividend of $0.05 per share. The ex-dividend date is Friday, May 16th. This represents a $0.60 annualized dividend and a dividend yield of 5.00%.

Institutional Investors Weigh In On Pioneer Municipal High Income Opportunities Fund

Institutional investors have recently modified their holdings of the company. Avantax Advisory Services Inc. boosted its holdings in Pioneer Municipal High Income Opportunities Fund by 3.9% during the 1st quarter. Avantax Advisory Services Inc. now owns 47,320 shares of the company’s stock valued at $558,000 after acquiring an additional 1,782 shares during the period. Van ECK Associates Corp lifted its position in shares of Pioneer Municipal High Income Opportunities Fund by 1.9% during the fourth quarter. Van ECK Associates Corp now owns 121,916 shares of the company’s stock worth $1,446,000 after purchasing an additional 2,279 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. boosted its stake in shares of Pioneer Municipal High Income Opportunities Fund by 14.8% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 42,844 shares of the company’s stock valued at $508,000 after purchasing an additional 5,528 shares during the period. Guggenheim Capital LLC grew its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 2.0% in the fourth quarter. Guggenheim Capital LLC now owns 437,397 shares of the company’s stock valued at $5,188,000 after purchasing an additional 8,613 shares in the last quarter. Finally, Noble Wealth Management PBC increased its stake in Pioneer Municipal High Income Opportunities Fund by 32.9% during the 1st quarter. Noble Wealth Management PBC now owns 35,783 shares of the company’s stock worth $422,000 after buying an additional 8,868 shares during the period.