Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Purchases 2,769 Shares

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. acquired 2,769 shares of the business’s stock in a transaction dated Wednesday, January 8th. The stock was acquired at an average cost of $12.00 per share, with a total value of $33,228.00. Following the purchase, the insider now directly owns 2,089,157 shares in the company, valued at $25,069,884. This represents a 0.13 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 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 Thursday, January 2nd, Saba Capital Management, L.P. acquired 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 stock was acquired at an average cost 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 cost of $11.85 per share, with a total value of $389,995.35.
• On Monday, December 23rd, Saba Capital Management, L.P. acquired 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $11.85 per share, with a total value of $144,155.25.
• On Thursday, December 19th, Saba Capital Management, L.P. purchased 20,825 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.00 per share, with a total value of $249,900.00.
• On Tuesday, December 17th, Saba Capital Management, L.P. purchased 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.11 per share, with a total value of $143,685.15.
• On Thursday, December 12th, Saba Capital Management, L.P. purchased 7,505 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.18 per share, with a total value of $91,410.90.
• On Tuesday, December 10th, Saba Capital Management, L.P. purchased 7,284 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.26 per share, with a total value of $89,301.84.
• On Wednesday, November 27th, Saba Capital Management, L.P. purchased 3,881 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.19 per share, with a total value of $47,309.39.
• On Monday, November 25th, Saba Capital Management, L.P. purchased 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.10 per share, with a total value of $44,770.00.

Pioneer Municipal High Income Opportunities Fund Trading Down 0.5 %

NYSE:MIO opened at $11.94 on Friday. The company has a fifty day moving average of $12.09 and a 200 day moving average of $12.10. Pioneer Municipal High Income Opportunities Fund, Inc. has a 52 week low of $10.48 and a 52 week high of $12.62.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.60 annualized dividend and a yield of 5.03%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Rivernorth Capital Management LLC raised its holdings in Pioneer Municipal High Income Opportunities Fund by 49.9% in the 3rd quarter. Rivernorth Capital Management LLC now owns 1,132,947 shares of the company’s stock worth $14,049,000 after purchasing an additional 377,242 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Pioneer Municipal High Income Opportunities Fund in the 2nd quarter worth $388,000. Finally, Whitebox Advisors LLC increased its stake in shares of Pioneer Municipal High Income Opportunities Fund by 157.0% in the 2nd quarter. Whitebox Advisors LLC now owns 114,612 shares of the company’s stock worth $1,335,000 after acquiring an additional 70,022 shares in the last quarter.