Insider Buying: Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Acquires 913 Shares of Stock

Posted by Andrew Walz on Jan 29th, 2025

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 913 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction 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 transaction, 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s stock 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. bought 11,150 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased 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 acquired 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 stock was acquired at an average price 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 shares were acquired 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 stock was acquired at an average cost of $12.00 per share, with a total value of $33,228.00.
On Thursday, January 2nd, Saba Capital Management, L.P. acquired 5,317 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost 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 stock was 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. 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. acquired 12,165 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 $144,155.25.
On Thursday, December 19th, Saba Capital Management, L.P. bought 20,825 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.00 per share, for a total transaction of $249,900.00.

Pioneer Municipal High Income Opportunities Fund Trading Up 0.2 %

MIO stock traded up $0.03 during trading on Wednesday, hitting $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 one year low of $10.60 and a one year high of $12.62. The company has a 50 day simple moving average of $12.05 and a 200 day simple moving average of $12.12.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.99%. The ex-dividend date of this dividend is Wednesday, January 15th.

Institutional Investors Weigh In On Pioneer Municipal High Income Opportunities Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Catalina Capital Group LLC acquired a new position in Pioneer Municipal High Income Opportunities Fund in the fourth quarter worth $219,000. Sanctuary Advisors LLC bought a new position in shares of Pioneer Municipal High Income Opportunities Fund in the second quarter valued at about $388,000. Finally, Rivernorth Capital Management LLC lifted its position 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 in the last quarter.