Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Purchases 1,660 Shares

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. acquired 1,660 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average price of $12.14 per share, with a total value of $20,152.40. Following the completion of the transaction, the insider now directly owns 1,852,495 shares of the company’s stock, valued at $22,489,289.30. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 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 4th, Saba Capital Management, L.P. purchased 5,253 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.14 per share, for a total transaction of $63,771.42.
• On Thursday, October 31st, Saba Capital Management, L.P. acquired 2,461 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $12.08 per share, with a total value of $29,728.88.
• On Tuesday, October 29th, Saba Capital Management, L.P. bought 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost of $12.01 per share, with a total value of $126,909.67.
• On Wednesday, August 28th, Saba Capital Management, L.P. bought 1,500 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were 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. acquired 5,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired 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. bought 11,768 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.12 per share, for a total transaction of $142,628.16.

Pioneer Municipal High Income Opportunities Fund Price Performance

Shares of NYSE MIO opened at $12.16 on Wednesday. The stock’s 50-day simple moving average is $12.27 and its 200-day simple moving average is $11.89. Pioneer Municipal High Income Opportunities Fund, Inc. has a fifty-two week low of $9.81 and a fifty-two 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, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.60 annualized dividend and a dividend yield of 4.93%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Sanctuary Advisors LLC acquired a new position in Pioneer Municipal High Income Opportunities Fund in the second quarter valued at $388,000. Whitebox Advisors LLC lifted its holdings 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 valued at $1,335,000 after purchasing an additional 70,022 shares during the last quarter. Blue Bell Private Wealth Management LLC boosted its position in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% in 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 during the period. WMG Financial Advisors LLC acquired a new position in Pioneer Municipal High Income Opportunities Fund during the second quarter worth approximately $117,000. Finally, Prudent Investors Network Inc. purchased a new position in shares of Pioneer Municipal High Income Opportunities Fund during the first quarter worth approximately $117,000.