Saba Capital Management, L.P. Purchases 26,990 Shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. bought 26,990 shares of the business’s stock in a transaction that occurred on Friday, April 11th. The shares were acquired at an average cost of $11.18 per share, with a total value of $301,748.20. Following the completion of the purchase, the insider now owns 2,143,792 shares of the company’s stock, valued at approximately $23,967,594.56. The trade was a 1.28 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock 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, April 7th, Saba Capital Management, L.P. purchased 700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $11.64 per share, with a total value 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 stock was bought at an average price of $12.00 per share, for a total transaction 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 stock was acquired at an average price of $11.92 per share, with a total value of $132,908.00.
• On Tuesday, January 21st, Saba Capital Management, L.P. acquired 51 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired 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 cost of $11.84 per share, with a total value of $78,582.08.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.3 %

MIO traded up $0.03 during midday trading on Monday, reaching $11.18. 21,158 shares of the company’s stock were exchanged, compared to its average volume of 33,886. Pioneer Municipal High Income Opportunities Fund, Inc. has a one year low of $10.95 and a one year high of $12.62. The business has a 50-day simple moving average of $11.95 and a two-hundred day simple moving average of $12.05.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Thursday, April 17th will be paid a $0.05 dividend. The ex-dividend date is Thursday, April 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.37%.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Several large investors have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in Pioneer Municipal High Income Opportunities Fund during the 4th quarter worth about $167,000. Independent Advisor Alliance bought a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the fourth quarter worth approximately $172,000. Catalina Capital Group LLC bought a new position in Pioneer Municipal High Income Opportunities Fund in the fourth quarter valued at approximately $219,000. Noble Wealth Management PBC acquired a new stake in Pioneer Municipal High Income Opportunities Fund during the 4th quarter worth $319,000. Finally, Atala Financial Inc bought a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the 4th quarter valued at $380,000.