Saba Capital Management, L.P., a significant shareholder in Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO), recently increased its stake by purchasing additional shares. The fund, which has delivered an impressive 21.5% return year-to-date and offers a 4.9% dividend yield, is currently trading near its 52-week low of $10.16. On December 10, the firm acquired 7,284 shares at $12.26 each, and on December 11, it bought another 1,176 shares at $12.28 per share. The total value of these transactions amounted to $103,743. Following these acquisitions, Saba Capital Management now holds 1,925,910 shares in the fund. These transactions reflect ongoing interest and investment in the fund by Saba Capital Management, which is known for its strategic investments in closed-end funds. According to InvestingPro, the fund maintains a FAIR financial health score, with additional key metrics and analysis available to subscribers.
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