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Saba Capital Management, L.P., under the leadership of Boaz Weinstein, has increased its stake in Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) by acquiring 2,465 shares. The shares were purchased at $11.38 each, amounting to a total investment of $28,051. The fund currently trades at $11.30, with InvestingPro data indicating the stock is in oversold territory based on RSI indicators. This transaction boosts Saba Capital's total holdings in the fund to 2,116,802 shares. The purchase reflects Saba Capital's continued interest in the municipal high-income sector, which currently offers a 5.21% dividend yield. The fund has demonstrated relatively low price volatility, trading within a 52-week range of $10.95 to $12.62. For more comprehensive analysis and insights, check out InvestingPro, which offers 8 additional key indicators for MIO.
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