Saba Capital Management, L.P. Buys 913 Shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Stock

Posted by Editorial Team on Jan 31st, 2025

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 913 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was purchased at an average price of $11.97 per share, with a total value of $10,928.61. Following the completion of the acquisition, the insider now owns 2,110,608 shares in the company, valued at $25,263,977.76. The trade was a 0.04 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Major shareholders that own at least 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 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, 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 shares were bought 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 bought at an average cost of $11.84 per share, with a total value of $78,582.08.
On Friday, January 10th, Saba Capital Management, L.P. bought 100 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought 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. purchased 2,769 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased 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 price of $11.96 per share, for a total transaction of $63,591.32.
On Monday, December 30th, Saba Capital Management, L.P. bought 21,469 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased 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. purchased 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price of $11.85 per share, for a total transaction of $389,995.35.
On Monday, December 23rd, Saba Capital Management, L.P. bought 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired 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. purchased 20,825 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 $249,900.00.

Pioneer Municipal High Income Opportunities Fund Trading Up 0.7 %

Shares of MIO opened at $12.10 on Friday. The company has a 50-day moving average of $12.05 and a 200 day moving average of $12.12. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1-year low of $10.64 and a 1-year high of $12.62.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid 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 4.96%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MIO. Rivernorth Capital Management LLC increased its stake in shares of Pioneer Municipal High Income Opportunities Fund by 48.0% during the third quarter. Rivernorth Capital Management LLC now owns 1,118,669 shares of the company’s stock valued at $13,871,000 after buying an additional 362,964 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Pioneer Municipal High Income Opportunities Fund during the second quarter valued at approximately $388,000. Van ECK Associates Corp increased its holdings in 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 valued at $1,446,000 after buying an additional 2,279 shares during the period. Finally, Catalina Capital Group LLC bought a new position in Pioneer Municipal High Income Opportunities Fund in the fourth quarter worth approximately $219,000.