Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Buys 913 Shares

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. acquired 913 shares of the stock in a transaction dated Monday, January 27th. The shares were bought at an average price of $11.97 per share, with a total value of $10,928.61. Following the completion of the purchase, the insider now directly owns 2,110,608 shares of the company’s stock, valued at approximately $25,263,977.76. This trade represents a 0.04 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Major 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 Thursday, January 23rd, Saba Capital Management, L.P. purchased 11,150 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased 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 stock was 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. acquired 6,637 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price 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 stock was acquired at an average price of $11.89 per share, for a total transaction of $1,189.00.
• On Wednesday, January 8th, Saba Capital Management, L.P. acquired 2,769 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were 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 stock was acquired at an average price of $11.96 per share, with a total value of $63,591.32.
• On Monday, December 30th, Saba Capital Management, L.P. purchased 21,469 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought 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. acquired 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average price of $11.85 per share, with a total value of $389,995.35.
• On Monday, December 23rd, Saba Capital Management, L.P. bought 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $11.85 per share, for a total transaction of $144,155.25.
• On Thursday, December 19th, Saba Capital Management, L.P. acquired 20,825 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $12.00 per share, for a total transaction of $249,900.00.

Pioneer Municipal High Income Opportunities Fund Stock Performance

Shares of NYSE:MIO opened at $12.10 on Friday. Pioneer Municipal High Income Opportunities Fund, Inc. has a 52-week low of $10.64 and a 52-week high of $12.62. The business has a fifty day moving average of $12.05 and a two-hundred day moving average of $12.12.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be issued a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date is Wednesday, January 15th.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

A number of institutional investors have recently bought and sold shares of MIO. Van ECK Associates Corp increased its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 1.9% during the 4th quarter. Van ECK Associates Corp now owns 121,916 shares of the company’s stock worth $1,446,000 after buying an additional 2,279 shares during the last quarter. Catalina Capital Group LLC purchased a new position in Pioneer Municipal High Income Opportunities Fund in the fourth quarter worth approximately $219,000. Sanctuary Advisors LLC acquired a new stake in Pioneer Municipal High Income Opportunities Fund during the second quarter worth $388,000. Finally, Rivernorth Capital Management LLC raised its position in Pioneer Municipal High Income Opportunities Fund by 48.0% in the third quarter. Rivernorth Capital Management LLC now owns 1,118,669 shares of the company’s stock valued at $13,871,000 after purchasing an additional 362,964 shares during the period.