AI PNI Forecast


Bullish Case: Despite recent flat performance, increasing interest in tax-exempt high yield assets could attract investors to PNI, bolstered by a steady dividend yield of 4.77%, potentially leading to modest price appreciation.


Bearish Case: Ongoing economic pressures, particularly from a rising interest rate environment, could deter demand for municipal bonds like PNI, risking further declines in price based on historical negative return patterns.


Potential Outcomes:

1. Continued flat performance (40% chance).

2. Modest appreciation (30% chance) due to renewed interest in high yield municipal assets.

3. Significant decline (-10% to -20%) (20% chance) driven by economic tightening.

4. Recovery to pre-pandemic levels (10% chance).


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August 29, 2024


Pimco New York Municipal Income Fund II Forecast

PNI      Pimco New York Municipal Income Fund II











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IEI Forecast + Options Trading Strategies   IEI  BTC iShares 3-7 Year Treasury Bond (0.85)


VNQ Forecast + Options Trading Strategies   VNQ  Vanguard Real Estate Index (0.84)


EFX Forecast + Options Trading Strategies   EFX  Equifax (0.84)


LZB Forecast + Options Trading Strategies   LZB  La-Z-Boy (0.84)



Uncorrelated Assets

Assets with little price relationship to PNI



GPC Forecast + Options Trading Strategies   GPC  Genuine Parts (-0.0)


BHF Forecast + Options Trading Strategies   BHF  Brighthouse Financial (-0.0)


HUN Forecast + Options Trading Strategies   HUN  Huntsman (-0.0)


ROKU Forecast + Options Trading Strategies   ROKU  Roku (-0.0)


CMPO Forecast + Options Trading Strategies   CMPO  CompoSecure (0.01)



Anticorrelated Assets

Assets that tend to move strongly against PNI



FNGR Forecast + Options Trading Strategies   FNGR  FingerMotion (-0.77)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.83)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.83)


TBF Forecast + Options Trading Strategies   TBF  ProShares Short 20+ Year Treasury (-0.84)


TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.84)





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