Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Portfolio > Economy & Markets > Fixed Income

Strong Junk Bond Fund Gets New Manager

Your article was successfully shared with the contacts you provided.

June 16, 2004 — Strong Capital Management said Thomas Price, its director of corporate fixed income investments, began running the Strong Advisor Strategic Income Fund/A (SASAX) this week.

Ed Wojciechowski, who had managed the $26 million high-yield bond fund since March of 2002, continues with Strong as an equity analyst, a company spokesman said.

Price runs or helps manage several other Strong fixed-income funds, including two others that invest in junk bonds: Strong High Yield Bond Fund/Inv (STHYX), and Strong Short Term Hi Yld Bond Fund/Inv (STHBX).

The Advisor Strategic Income was up 1.5% this year through May, while the average low quality bond fund was off 0.3%. The Strong fund returned 18% for the year ended last month, compared to a 10.6% gain by its peers.

Contact Robert F. Keane with questions and comments at:

[email protected].


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.