Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Buys 5,310 Shares

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. acquired 5,310 shares of the business’s stock in a transaction that occurred on Monday, April 21st. The stock was bought at an average cost of $11.24 per share, for a total transaction of $59,684.40. Following the completion of the purchase, the insider now directly owns 2,149,102 shares in the company, valued at $24,155,906.48. This represents a 0.25 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own more than 10% 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 Friday, April 11th, Saba Capital Management, L.P. bought 26,990 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost of $11.18 per share, with a total value of $301,748.20.
• On Monday, April 7th, Saba Capital Management, L.P. purchased 700 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $11.64 per share, for a total transaction of $8,148.00.
• On Friday, January 31st, Saba Capital Management, L.P. acquired 2,829 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $12.00 per share, with a total value of $33,948.00.
• On Monday, January 27th, Saba Capital Management, L.P. purchased 913 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $11.97 per share, with a total value of $10,928.61.
• On Thursday, January 23rd, Saba Capital Management, L.P. acquired 11,150 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $11.92 per share, with a total value of $132,908.00.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.4 %

MIO opened at $11.30 on Wednesday. The stock’s 50 day moving average price is $11.84 and its two-hundred day moving average price is $12.00. Pioneer Municipal High Income Opportunities Fund, Inc. has a 12-month low of $10.95 and a 12-month high of $12.62.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Thursday, April 17th will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date is Thursday, April 17th.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Several large investors have recently bought and sold shares of the stock. Rivernorth Capital Management LLC increased its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 49.9% during 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 during the period. Saba Capital Management L.P. grew its position in Pioneer Municipal High Income Opportunities Fund by 13.5% during the fourth quarter. Saba Capital Management L.P. now owns 2,079,938 shares of the company’s stock worth $24,668,000 after buying an additional 247,384 shares in the last quarter. Sit Investment Associates Inc. increased its stake in Pioneer Municipal High Income Opportunities Fund by 8.8% during the fourth quarter. Sit Investment Associates Inc. now owns 2,530,477 shares of the company’s stock valued at $30,011,000 after acquiring an additional 205,634 shares during the period. Hennion & Walsh Asset Management Inc. acquired a new position in Pioneer Municipal High Income Opportunities Fund in the 1st quarter valued at approximately $1,570,000. Finally, Almitas Capital LLC lifted its position in shares of Pioneer Municipal High Income Opportunities Fund by 125.2% in the 4th quarter. Almitas Capital LLC now owns 231,057 shares of the company’s stock worth $2,740,000 after acquiring an additional 128,460 shares during the period.