Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Acquires 8,561 Shares

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. acquired 8,561 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were bought at an average price of $12.21 per share, for a total transaction of $104,529.81. Following the acquisition, the insider now owns 1,871,532 shares of the company’s stock, valued at approximately $22,851,405.72. This represents a 0.46 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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, November 11th, Saba Capital Management, L.P. bought 1,660 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost of $12.14 per share, for a total transaction of $20,152.40.
• On Monday, November 4th, Saba Capital Management, L.P. acquired 5,253 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price 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 stock was purchased at an average cost of $12.08 per share, for a total transaction of $29,728.88.
• On Tuesday, October 29th, Saba Capital Management, L.P. purchased 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased 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 purchased 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. bought 5,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $12.15 per share, with a total value of $69,255.00.
• On Wednesday, August 21st, Saba Capital Management, L.P. purchased 11,768 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $12.12 per share, with a total value of $142,628.16.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.2 %

MIO stock opened at $12.17 on Tuesday. The firm’s fifty day simple moving average is $12.26 and its 200-day simple moving average is $11.92. Pioneer Municipal High Income Opportunities Fund, Inc. has a 12 month low of $9.97 and a 12 month high of $12.62.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 4.93%. The ex-dividend date is Friday, November 15th.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. WMG Financial Advisors LLC acquired a new stake in Pioneer Municipal High Income Opportunities Fund during the second quarter worth about $117,000. Prudent Investors Network Inc. acquired a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the 1st quarter worth approximately $117,000. Blue Bell Private Wealth Management LLC increased its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock valued at $280,000 after purchasing an additional 10,906 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Pioneer Municipal High Income Opportunities Fund in the 2nd quarter valued at $388,000. Finally, Whitebox Advisors LLC purchased a new stake in Pioneer Municipal High Income Opportunities Fund during the first quarter worth $504,000.