Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update

Featured Advisor:
Howard Erman

Seal Beach, Ca
(562) 546-6021
More Details

Historical Analysis

Partners

Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | STHYX Insights | STHYX Score | STHYX Performance | STHYX News | STHYX Allocation | STHYX Holdings Change

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: $7.49 on 4/15/2014, Change: 0.00 (0%)

 

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

Fund Manager Information

Fund Manager Tenure: 15.9 years
Similar Funds: STHBX 
Fund Family: Wells Fargo Advantage
Fund Category: High Yield Bond
Fund Performance: Mar 30, 2014
Fundmojo Fund Grade: C (Score: 0.5)     (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 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 Mar 30, 2014

  • Wells Fargo Advantage High Income Inv Fund (STHYX) management has been with Wells Fargo Advantage High Income Inv Fund for 15.9 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 60.00% vs High Yield Bond average of 80.10%. 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 6.09, lower than category average of 6.53
  • Wells Fargo Advantage High Income Inv Fund (STHYX) has a lower expense ratio than its High Yield Bond average: 0.93% vs 1.10%
  • 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 Mar 30, 2014

  • Wells Fargo Advantage High Income Inv Fund (STHYX) has a less-than-ideal short-term performance (1-year return 5.27% vs 6.67% 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 7.43% vs 7.71% 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 12.91% vs 15.86% 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
See Wells Fargo Advantage High Income Inv Fund (STHYX) performance details as of Mar 30, 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 Inv2.395.277.4312.91
AllianzGI High Yield Bond Institutional (AYBIX)2.527.378.3615.64Compare
Eaton Vance High Income Opportunities I (EIHIX)2.828.419.1719.54Compare
Invesco High Yield R5 (AHIYX)2.887.388.6217.82Compare

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
SPDR Barclays Capital High Yield Bond (JNK)2.87%6.73%7.93%
PIMCO 0-5 Year High Yield Corpo (HYS)1.31%6.67%0
iShares iBoxx $ High Yield Corporate Bd (HYG)2.63%6.25%7.85%
Guggenheim BulletShares 2015 HY Crp Bond (BSJF)1.51%5.38%7.01%
PowerShares Fundamental High Yld Corp Bd (PHB)2.35%5.01%6.89%

 

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
03/2014$701.93M
02/2014$713.72M
01/2014$692.44M
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
02/20144.82%0%93.87%0.56%
01/20142.19%0%95.94%0.59%
12/20133%0%95.25%0.56%
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

Feb 27, 2014
Sprint 144A 7.875% [1.76%]
Intelsat Bermuda 144A 7.75% [1.46%]
Arcelormittal Sa Luxembourg 6.25% [1.34%]
Sallie Mae 8% [1.31%]
Rsc Equip Rent Inc / Rsc Hldgs 8.25% [1.19%]
Davita Healthcare Partners 6.625% [1.14%]
Ally Finl 8% [1.03%]
Vpii Escrow 144A 7.5% [1.03%]
Healthsouth 8.125% [1.02%]
Deluxe 7% [1.02%]

Jan 30, 2014
Us 10yr Note (Cbt)mar14 Xcbt 20140320 [6.27%]
Us 5yr Note (Cbt) Mar14 Xcbt 20140331 [6.02%]
Intelsat Bermuda 144A 7.75% [1.61%]
Arcelormittal Sa Luxembourg 6.25% [1.44%]
Sallie Mae 8% [1.39%]
Rsc Equip Rent Inc / Rsc Hldgs 8.25% [1.31%]
Davita Healthcare Partners 6.625% [1.25%]
Sprint Nextel 6% [1.16%]
Healthsouth 8.125% [1.12%]
Deluxe 7% [1.12%]

Dec 30, 2013
Us 10yr Note (Cbt)mar14 Xcbt 20140320 [5.74%]
Us 5yr Note (Cbt) Mar14 Xcbt 20140331 [5.57%]
Intelsat Bermuda 144A 7.75% [1.5%]
Arcelormittal Sa Luxembourg 6.25% [1.35%]
Sallie Mae 8% [1.32%]
Ashtead Cap 144A 6.5% [1.24%]
Rsc Equip Rent Inc / Rsc Hldgs 8.25% [1.23%]
Davita Healthcare Partners 6.625% [1.17%]
Sprint Nextel 6% [1.08%]
Healthsouth 8.125% [1.06%]
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

Popular pages on Wells Fargo Advantage High Income Inv (STHYX) Fund