Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Purchases $10,928.61 in Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. purchased 913 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction dated Monday, January 27th. The shares were bought at an average cost of $11.97 per share, for a total transaction of $10,928.61. Following the transaction, the insider now directly owns 2,110,608 shares of the company’s stock, valued at approximately $25,263,977.76. The trade was a 0.04 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major 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 Thursday, January 23rd, Saba Capital Management, L.P. acquired 11,150 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $11.92 per share, for a total transaction 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, with a total value of $607.41.
• On Thursday, January 16th, Saba Capital Management, L.P. purchased 6,637 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $11.84 per share, for a total transaction 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 shares were purchased 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. bought 2,769 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $12.00 per share, for a total transaction 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 cost of $11.96 per share, with a total value of $63,591.32.
• On Monday, December 30th, Saba Capital Management, L.P. acquired 21,469 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $11.91 per share, for a total transaction of $255,695.79.
• On Thursday, December 26th, Saba Capital Management, L.P. bought 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought 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. purchased 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, with a total value of $249,900.00.

Pioneer Municipal High Income Opportunities Fund Trading Down 0.5 %

MIO stock opened at $12.04 on Friday. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1 year low of $10.64 and a 1 year high of $12.62. The stock’s fifty day moving average is $12.05 and its two-hundred day moving average is $12.13.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a $0.05 dividend. The ex-dividend date was Wednesday, January 15th. This represents a $0.60 annualized dividend and a yield of 4.98%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Van ECK Associates Corp boosted 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 buying an additional 2,279 shares during the period. Catalina Capital Group LLC bought a new stake in Pioneer Municipal High Income Opportunities Fund during the 4th quarter valued at $219,000. Sanctuary Advisors LLC acquired a new position in Pioneer Municipal High Income Opportunities Fund during the 2nd quarter worth $388,000. Finally, Rivernorth Capital Management LLC grew its stake in shares of 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 worth $13,871,000 after purchasing an additional 362,964 shares in the last quarter.