Saba Capital Management, L.P. Acquires 21,469 Shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Stock

Posted by MarketBeat News on Jan 2nd, 2025

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 21,469 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was acquired at an average price of $11.91 per share, with a total value of $255,695.79. Following the completion of the transaction, the insider now owns 2,079,938 shares in the company, valued at approximately $24,772,061.58. This trade represents a 1.04 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Thursday, December 26th, Saba Capital Management, L.P. bought 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost of $11.85 per share, with a total value of $389,995.35.
On Monday, December 23rd, Saba Capital Management, L.P. purchased 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. acquired 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. purchased 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.11 per share, for a total transaction of $143,685.15.
On Thursday, December 12th, Saba Capital Management, L.P. bought 7,505 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $12.18 per share, with a total value of $91,410.90.
On Tuesday, December 10th, Saba Capital Management, L.P. purchased 7,284 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased 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. bought 3,881 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average price of $12.19 per share, with a total value of $47,309.39.
On Monday, November 25th, Saba Capital Management, L.P. purchased 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.10 per share, for a total transaction 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 shares were bought at an average price 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.

Pioneer Municipal High Income Opportunities Fund Trading Down 0.8 %

Shares of NYSE:MIO opened at $11.86 on Thursday. Pioneer Municipal High Income Opportunities Fund, Inc. has a 52-week low of $10.48 and a 52-week high of $12.62. The business’s 50 day simple moving average is $12.10 and its two-hundred day simple moving average is $12.08.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

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

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Several large investors have recently added to or reduced their stakes in the business. Whitebox Advisors LLC grew its stake 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 worth $1,335,000 after acquiring an additional 70,022 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its position in 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 worth $280,000 after purchasing an additional 10,906 shares in the last quarter. Rivernorth Capital Management LLC lifted its position in shares of 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 in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of Pioneer Municipal High Income Opportunities Fund in the 2nd quarter worth approximately $388,000.