Saba Capital Management, L.P. Acquires 26,990 Shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Stock

Posted by George Bondi on Apr 16th, 2025

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 26,990 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction dated Friday, April 11th. The shares were acquired at an average cost of $11.18 per share, for a total transaction of $301,748.20. Following the completion of the transaction, the insider now owns 2,143,792 shares of the company’s stock, valued at approximately $23,967,594.56. This represents a 1.28 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Major shareholders that own 10% or more 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 Monday, April 7th, Saba Capital Management, L.P. bought 700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $11.64 per share, for a total transaction of $8,148.00.
On Friday, January 31st, Saba Capital Management, L.P. purchased 2,829 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average price of $12.00 per share, with a total value of $33,948.00.
On Monday, January 27th, Saba Capital Management, L.P. acquired 913 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $11.97 per share, for a total transaction of $10,928.61.
On Thursday, January 23rd, Saba Capital Management, L.P. bought 11,150 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price of $11.92 per share, with a total value of $132,908.00.
On Tuesday, January 21st, Saba Capital Management, L.P. purchased 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 price of $11.84 per share, with a total value of $78,582.08.

Pioneer Municipal High Income Opportunities Fund Stock Performance

Shares of MIO stock opened at $11.24 on Wednesday. The business has a fifty day moving average of $11.92 and a 200 day moving average of $12.04. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1 year low of $10.95 and a 1 year high of $12.62.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Thursday, April 17th will be issued a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date of this dividend is Thursday, April 17th.

Institutional Investors Weigh In On Pioneer Municipal High Income Opportunities Fund

A number of large investors have recently bought and sold shares of MIO. Sit Investment Associates Inc. raised its position in Pioneer Municipal High Income Opportunities Fund by 8.8% during the 4th quarter. Sit Investment Associates Inc. now owns 2,530,477 shares of the company’s stock worth $30,011,000 after buying an additional 205,634 shares during the last quarter. Saba Capital Management L.P. increased its stake in shares of Pioneer Municipal High Income Opportunities Fund by 13.5% in the fourth quarter. Saba Capital Management L.P. now owns 2,079,938 shares of the company’s stock worth $24,668,000 after acquiring an additional 247,384 shares during the period. Rivernorth Capital Management LLC raised its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 49.9% during the third quarter. Rivernorth Capital Management LLC now owns 1,132,947 shares of the company’s stock worth $14,049,000 after purchasing an additional 377,242 shares during the last quarter. Guggenheim Capital LLC lifted its position in Pioneer Municipal High Income Opportunities Fund by 2.0% during the fourth quarter. Guggenheim Capital LLC now owns 437,397 shares of the company’s stock valued at $5,188,000 after purchasing an additional 8,613 shares during the period. Finally, Almitas Capital LLC boosted its holdings in Pioneer Municipal High Income Opportunities Fund by 125.2% in the fourth quarter. Almitas Capital LLC now owns 231,057 shares of the company’s stock valued at $2,740,000 after purchasing an additional 128,460 shares during the last quarter.