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Wells Fargo Advantage High Income Inv (STHYX) Fund Ranking and Research

Ranking, Research and Recommendation of Wells Fargo Advantage High Income Inv (STHYX) Fund

    Last Trade: $6.86 on 12/19/2014, Change: +0.02 (0.29%)

 

Graph of Wells Fargo Advantage High Income Inv Fund (STHYX) ManagerFund Manager - Thomas M. Price

Fund Manager Information

Fund Manager Tenure: 16.6 years
Similar Funds: STHBX 
Fund Family: Wells Fargo Advantage
Fund Category: High Yield Bond
Fund Performance: Nov 29, 2014
Fundmojo Fund Grade: C (Score: 0.51)     (What does this score mean?)
Mr. Price is jointly responsible for managing the Income Plus Fund, which he has managed since 2005 and the Ultra Short-Term Income Fund, which he has managed since 2002. He is also jointly responsible for managing the High Income Fund and the Short-Term High Yield Bond Fund, both of which he has managed since 1998. Mr. Price joined Wells Capital Management in 2005 as a portfolio manager specializing in taxable high yield securities. Prior to joining Wells Capital Management, Mr. Price was with Strong Capital Management, Inc. (SCM) since 1996 as a fixed income research analyst and, since 1998, as a portfolio manager. Education: B.B.A., Finance, University of Michigan; M.B.A., Finance, Kellogg Graduate School of Management, Northwestern University.  Get more insights on Thomas M. Price

 

Graph of Wells Fargo Advantage High Income Inv Fund (STHYX) ProfileWells Fargo Advantage High Income Inv Fund (STHYX) Profile

Fund Profile and Description

Wells Fargo Advantage High Income Inv Fund seeks total return, consisting of a high level of current income and capital appreciation. Wells Fargo Advantage High Income Inv Fund normally invests at least 80% of net assets in corporate debt securities that are below investment-grade, up to 30% of total assets in U.S. dollar-denominated debt securities of foreign issuers, up to 20% of total assets in equities and convertible debt securities and up to 10% of assets in debt securities that are in default at the time of purchase. It may also use futures, options or swap agreements, as well as other derivatives, to manage risk or to enhance return.

 

Wells Fargo Advantage High Income Inv (STHYX) Fund Strength What we like about Wells Fargo Advantage High Income Inv (STHYX) Fund

Data for Wells Fargo Advantage High Income Inv Fund (STHYX) as of Nov 29, 2014

  • Wells Fargo Advantage High Income Inv Fund (STHYX) management has been with Wells Fargo Advantage High Income Inv Fund for 16.6 years
  • Wells Fargo Advantage High Income Inv Fund (STHYX) ratio of up-years vs down years is greater than 2
  • Wells Fargo Advantage High Income Inv Fund (STHYX) has an annual stock turnover rate of 46.00% vs High Yield Bond average of 55.96%. It is good that Wells Fargo Advantage High Income Inv management does not trade extensively for its return.
  • Wells Fargo Advantage High Income Inv Fund (STHYX) is less volatile than its peers as it has a 3-year Standard Deviation of 4.49, lower than category average of 4.79
  • Wells Fargo Advantage High Income Inv Fund (STHYX) has a lower expense ratio than its High Yield Bond average: 0.93% vs 1.08%
  • Wells Fargo Advantage High Income Inv Fund (STHYX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Wells Fargo Advantage High Income Inv Fund (STHYX) Weakness What we are cautious about Wells Fargo Advantage High Income Inv (STHYX) Fund

Data for Wells Fargo Advantage High Income Inv Fund (STHYX) as of Nov 29, 2014

  • Wells Fargo Advantage High Income Inv Fund (STHYX) has a less-than-ideal short-term performance (1-year return 2.26% vs 3.67% High Yield Bond category median performance)
  • Wells Fargo Advantage High Income Inv Fund (STHYX) has a less-than-ideal mid-term performance (3-year return 7.61% vs 8.90% High Yield Bond category median performance)
  • Wells Fargo Advantage High Income Inv Fund (STHYX) has a less-than-ideal Long-term performance (5-year return 8.20% vs 8.86% High Yield Bond category median performance)
  • Wells Fargo Advantage High Income Inv Fund (STHYX) has a Morningstar rating of 3 and below
  • Wells Fargo Advantage High Income Inv Fund (STHYX) is less safe compared to its High Yield Bond peers
  • Asset base in Wells Fargo Advantage High Income Inv Fund (STHYX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Wells Fargo Advantage High Income Inv Fund (STHYX) performance details as of Nov 29, 2014

 

What do you think?

 

Compare Wells Fargo Advantage High Income Inv Fund (STHYX)Compare with other top High Yield Bond category mutual funds

Aadditional top High Yield Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Wells Fargo Advantage High Income Inv1.652.267.618.20
Invesco High Yield R5 (AHIYX)2.823.5710.029.19Compare
BlackRock High Yield Bond BlackRock (BRHYX)5.336.1311.3811.36Compare
City National Rochdale Hi-Yld Bond Svc (CHYIX)4.505.039.0710.24Compare

See top fund managers for High Yield Bond Category Funds

 

Compare Wells Fargo Advantage High Income Inv Fund (STHYX)Compare with High Yield Bond category ETFs

Some High Yield Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares iBoxx $ High Yield Corporate Bd (HYG)2.72%3.14%8.24%
PowerShares Fundamental High Yld Corp Bd (PHB)2.66%2.89%6.74%
SPDR Barclays Capital High Yield Bond (JNK)2.32%2.85%8.33%
PIMCO 0-5 Year High Yield Corpo (HYS)0.88%1.41%7.46%
Peritus High Yield ETF (HYLD)-6.91%-5.95%6.66%

 

Graph of Wells Fargo Advantage High Income Inv Fund (STHYX) Net Asset TrackingWells Fargo Advantage High Income Inv (STHYX) Fund Net Asset

Track net asset change of Wells Fargo Advantage High Income Inv fund (STHYX)

DateNet Asset
11/2014$546.89M
10/2014$575.69M
09/2014$620.79M
More historic net asset information on Wells Fargo Advantage High Income Inv Fund (STHYX)

  

Graph of Wells Fargo Advantage High Income Inv Fund (STHYX) Portfolio TrackingWells Fargo Advantage High Income Inv (STHYX) Fund Portfolio Allocation

Track portfolio allocation change of Wells Fargo Advantage High Income Inv fund (STHYX)

DateCashStockBondOther
10/20144.26%0%93.88%1.29%
09/20141.98%0%95.8%1.26%
08/20146.27%0%91.57%1.2%
Click here to see more historic asset allocation information on Wells Fargo Advantage High Income Inv Fund (STHYX)

 

graph of Wells Fargo Advantage High Income Inv Fund (STHYX) Top 10 Position TrackingTop 10 Holdings in Wells Fargo Advantage High Income Inv (STHYX) Fund

Discover what Wells Fargo Advantage High Income Inv Fund (STHYX) manager is buying

Oct 30, 2014
Us 5yr Note (Cbt) Dec14 Xcbt 20141231 [6.97%]
Sprint 144A 7.875% [1.72%]
Intelsat Luxembourg S A 7.75% [1.37%]
Healthsouth 8.125% [1.22%]
Delos Fin S A R L Term Loan [1.21%]
Reynolds Grp Issuer 8.25% [1.21%]
Amer Axle & Mfg 6.625% [1.2%]
Dish Dbs 5.875% [1.19%]
Fti Consult 6.75% [1.16%]
Clear Channel Ww Hldgs 6.5% [1.16%]

Sep 29, 2014
Us 5yr Note (Cbt) Dec14 Xcbt 20141231 [6.74%]
Sprint 144A 7.875% [1.65%]
Intelsat Luxembourg S A 7.75% [1.3%]
Deluxe 7% [1.2%]
Healthsouth 8.125% [1.19%]
Delos Fin S A R L Term Loan [1.17%]
Amer Axle & Mfg 6.625% [1.15%]
Sallie Mae 8% [1.13%]
Fti Consult 6.75% [1.12%]
Dish Dbs 5.875% [1.12%]

Aug 30, 2014
Us 5yr Note (Cbt) Dec14 Xcbt 20141231 [6.38%]
Sprint 144A 7.875% [1.57%]
Intelsat Luxembourg S A 7.75% [1.27%]
Deluxe 7% [1.14%]
Healthsouth 8.125% [1.13%]
Delos Fin S A R L Term Loan [1.11%]
Amer Axle & Mfg 6.625% [1.11%]
Dish Dbs 5.875% [1.1%]
Clear Channel Ww Hldgs 6.5% [1.1%]
Sallie Mae 8% [1.09%]
Click here for Stock Holding Change Map in Wells Fargo Advantage High Income Inv Fund (STHYX)

  

Latest News on Wells Fargo Advantage High Income Inv (STHYX) Fund

See what is happening with Wells Fargo Advantage High Income Inv Fund (STHYX)

 

Wells Fargo Advantage High Income Inv Fund (STHYX) Related ResourcesSee more information on Wells Fargo Advantage High Income Inv (STHYX) Fund

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