The Wells Fargo Short-Term High Yield Bond Fund Institutional Class (STYIX) is a mutual fund that primarily invests in short-term, high-yield bonds. This fund is managed by Wells Fargo and is designed for institutional investors. It aims to provide a higher level of income and potential for capital appreciation compared to traditional fixed-income investments. With a focus on short-term bonds, this fund may offer a lower level of risk and volatility compared to longer-term bond funds.