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Saba Capital Management, L.P., a significant stakeholder in Pioneer Municipal High Income Fund, Inc. (NYSE:MHI), recently acquired additional shares of the fund. The transaction, reported on January 8, 2025, involved the purchase of 4,710 shares at a price of $9.39 each, totaling approximately $44,226. According to InvestingPro data, MHI has demonstrated strong financial health with a 4.47% dividend yield and an impressive 23-year track record of consistent dividend payments. This acquisition increases Saba Capital's holdings in the fund to 4,118,560 shares. Boaz Weinstein is also listed as a reporting owner in the filing, indicating his involvement in the investment decision. The fund, with a market capitalization of $212.46 million, has delivered a solid 14.11% return over the past year. InvestingPro subscribers can access additional insights about MHI's financial health metrics and investment potential.
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