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

Posted by Jared Coughlin on Jan 29th, 2025

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. bought 913 shares of the stock in a transaction dated Monday, January 27th. The stock was purchased at an average cost of $11.97 per share, with a total value of $10,928.61. Following the completion of the purchase, the insider now directly owns 2,110,608 shares in the company, valued at approximately $25,263,977.76. This trade represents a 0.04 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Major shareholders that own at least 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 Thursday, January 23rd, Saba Capital Management, L.P. purchased 11,150 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased 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. acquired 51 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $11.91 per share, with a total value of $607.41.
On Thursday, January 16th, Saba Capital Management, L.P. bought 6,637 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $11.84 per share, for a total transaction of $78,582.08.
On Friday, January 10th, Saba Capital Management, L.P. purchased 100 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $11.89 per share, with a total value of $1,189.00.
On Wednesday, January 8th, Saba Capital Management, L.P. acquired 2,769 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired 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. bought 5,317 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price 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 shares were bought 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. bought 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost 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 shares were bought at an average price 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 stock was purchased at an average price of $12.00 per share, for a total transaction of $249,900.00.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.2 %

NYSE MIO traded up $0.03 during trading on Wednesday, reaching $12.04. 15,546 shares of the stock traded hands, compared to its average volume of 23,452. Pioneer Municipal High Income Opportunities Fund, Inc. has a fifty-two week low of $10.60 and a fifty-two week high of $12.62. The stock’s 50-day moving average price is $12.05 and its 200 day moving average price is $12.12.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The firm 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 dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 4.99%. The ex-dividend date is Wednesday, January 15th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Catalina Capital Group LLC acquired a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the fourth quarter worth about $219,000. Sanctuary Advisors LLC bought a new stake in Pioneer Municipal High Income Opportunities Fund during the 2nd quarter worth approximately $388,000. Finally, Rivernorth Capital Management LLC raised its holdings in Pioneer Municipal High Income Opportunities Fund by 48.0% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,118,669 shares of the company’s stock worth $13,871,000 after buying an additional 362,964 shares during the period.