Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Buys 12,400 Shares

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. purchased 12,400 shares of the business’s stock in a transaction dated Tuesday, November 19th. The shares were acquired at an average price of $12.17 per share, for a total transaction of $150,908.00. Following the acquisition, the insider now directly owns 1,887,834 shares in the company, valued at $22,974,939.78. This represents a 0.66 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own 10% or more 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, November 14th, Saba Capital Management, L.P. bought 8,561 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.21 per share, for a total transaction of $104,529.81.
• On Monday, November 11th, Saba Capital Management, L.P. acquired 1,660 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $12.14 per share, with a total value of $20,152.40.
• On Monday, November 4th, Saba Capital Management, L.P. purchased 5,253 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $12.14 per share, with a total value 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 shares were purchased at an average price of $12.08 per share, with a total value of $29,728.88.
• On Tuesday, October 29th, Saba Capital Management, L.P. bought 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $12.01 per share, for a total transaction 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 bought at an average price of $12.09 per share, with a total value of $18,135.00.
• On Friday, August 23rd, Saba Capital Management, L.P. acquired 5,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price of $12.15 per share, for a total transaction of $69,255.00.

Pioneer Municipal High Income Opportunities Fund Trading Down 0.2 %

Shares of Pioneer Municipal High Income Opportunities Fund stock traded down $0.03 during trading on Thursday, reaching $12.03. The company’s stock had a trading volume of 32,372 shares, compared to its average volume of 35,889. Pioneer Municipal High Income Opportunities Fund, Inc. has a 52 week low of $9.99 and a 52 week high of $12.62. The business’s 50-day moving average price is $12.25 and its 200-day moving average price is $11.93.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

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 paid a $0.05 dividend. This represents a $0.60 annualized dividend and a yield of 4.99%. The ex-dividend date of this dividend is Friday, November 15th.

Institutional Investors Weigh In On Pioneer Municipal High Income Opportunities Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of MIO. WMG Financial Advisors LLC bought a new position in shares of Pioneer Municipal High Income Opportunities Fund in the 2nd quarter worth about $117,000. Prudent Investors Network Inc. bought a new stake in Pioneer Municipal High Income Opportunities Fund during the first quarter worth $117,000. Blue Bell Private Wealth Management LLC increased its stake in 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 valued at $280,000 after buying an additional 10,906 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Pioneer Municipal High Income Opportunities Fund during the second quarter worth $388,000. Finally, Whitebox Advisors LLC bought a new position in Pioneer Municipal High Income Opportunities Fund during the first quarter valued at about $504,000.