Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Purchases 32,911 Shares

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. bought 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction on Thursday, December 26th. The stock was acquired at an average price of $11.85 per share, for a total transaction of $389,995.35. Following the transaction, the insider now directly owns 2,051,327 shares of the company’s stock, valued at approximately $24,308,224.95. This trade represents a 1.63 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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, December 23rd, Saba Capital Management, L.P. acquired 12,165 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 $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 cost of $12.00 per share, for a total transaction of $249,900.00.
• On Tuesday, December 17th, Saba Capital Management, L.P. bought 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.11 per share, for a total transaction of $143,685.15.
• On Thursday, December 12th, Saba Capital Management, L.P. acquired 7,505 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.18 per share, for a total transaction of $91,410.90.
• On Tuesday, December 10th, Saba Capital Management, L.P. bought 7,284 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.26 per share, for a total transaction of $89,301.84.
• On Wednesday, November 27th, Saba Capital Management, L.P. purchased 3,881 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $12.19 per share, with a total value of $47,309.39.
• On Monday, November 25th, Saba Capital Management, L.P. bought 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.10 per share, with a total value of $44,770.00.
• On Thursday, November 21st, Saba Capital Management, L.P. bought 8,760 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.05 per share, for a total transaction of $105,558.00.
• On Tuesday, November 19th, Saba Capital Management, L.P. purchased 12,400 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.17 per share, with a total value of $150,908.00.
• On Thursday, November 14th, Saba Capital Management, L.P. acquired 8,561 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $12.21 per share, for a total transaction of $104,529.81.

Pioneer Municipal High Income Opportunities Fund Price Performance

Pioneer Municipal High Income Opportunities Fund stock opened at $11.95 on Friday. The stock has a 50-day simple moving average of $12.11 and a 200-day simple moving average of $12.07. Pioneer Municipal High Income Opportunities Fund, Inc. has a fifty-two week low of $10.46 and a fifty-two week high of $12.62.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th were issued a $0.05 dividend. The ex-dividend date was Thursday, December 12th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Blue Bell Private Wealth Management LLC lifted its position in Pioneer Municipal High Income Opportunities Fund by 82.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock worth $280,000 after acquiring an additional 10,906 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the second quarter worth approximately $388,000. Whitebox Advisors LLC lifted its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 157.0% during the second quarter. Whitebox Advisors LLC now owns 114,612 shares of the company’s stock worth $1,335,000 after purchasing an additional 70,022 shares during the period. Finally, Rivernorth Capital Management LLC grew its position in Pioneer Municipal High Income Opportunities Fund by 48.0% in the 3rd 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 last quarter.