NEW YORK—Saba Capital Management, L.P., a prominent investment firm, has increased its holdings in Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) with recent stock acquisitions. According to a filing with the Securities and Exchange Commission, the firm purchased a total of 35,139 shares over two days, December 19 and 20, 2024. The acquisition was made at prices ranging from $11.94 to $12.00 per share, amounting to a total investment of approximately $420,809. The fund, currently trading at $11.85, has shown strong performance with an 18% year-to-date return and offers a 5% dividend yield.
These transactions have increased Saba Capital Management’s total holdings in the fund to 1,998,484 shares. The purchases reflect the firm’s ongoing interest in the Pioneer Municipal High Income Opportunities Fund, which focuses on generating high current income through investments in municipal securities.
Boaz Weinstein, a key figure at Saba Capital, was also listed in the filing, indicating his involvement in the transaction decisions. The acquisitions were reported as indirect ownership, aligning with Saba Capital’s investment strategy.
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