Asia FX rises; US-Japan trade deal boosts yen, won to 2-week highs
In a recent transaction, Saba Capital Management, L.P., a significant stakeholder, acquired additional shares in Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO). The acquisition involved 2,769 shares at a price of $12 per share, totaling $33,228. Following this transaction, Saba Capital Management now holds 2,089,157 shares indirectly. The transaction was executed on January 8, 2025, and reported on January 10, 2025.
The purchase comes as MIO trades near its 52-week range of $10.48-$12.62, with a current dividend yield of 5%. According to InvestingPro analysis, the stock's RSI indicates oversold territory, suggesting potential value at current levels. For deeper technical analysis and additional insights, InvestingPro subscribers have access to 6 more key technical indicators and comprehensive market analysis tools.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.