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WisdomTree Trust

Semi-Annual Report

September 30, 2023

 

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree International AI Enhanced Value Fund (AIVI)

WisdomTree International Equity Fund (DWM)

WisdomTree International High Dividend Fund (DTH)

WisdomTree International LargeCap Dividend Fund (DOL)

WisdomTree International MidCap Dividend Fund (DIM)

WisdomTree International Multifactor Fund (DWMF)

WisdomTree International Quality Dividend Growth Fund (IQDG)

WisdomTree International SmallCap Dividend Fund (DLS)

WisdomTree Japan SmallCap Dividend Fund (DFJ)


Table of Contents

 

Information about Performance and Shareholder Expense Examples (unaudited)

       1  

Performance Summary (unaudited)

       2  

Description of Terms and Indexes (unaudited)

       13  
Schedules of Investments (unaudited)     

WisdomTree Europe Quality Dividend Growth Fund

       16  

WisdomTree Europe SmallCap Dividend Fund

       20  

WisdomTree International AI Enhanced Value Fund

       24  

WisdomTree International Equity Fund

       26  

WisdomTree International High Dividend Fund

       37  

WisdomTree International LargeCap Dividend Fund

       44  

WisdomTree International MidCap Dividend Fund

       48  

WisdomTree International Multifactor Fund

       55  

WisdomTree International Quality Dividend Growth Fund

       60  

WisdomTree International SmallCap Dividend Fund

       64  

WisdomTree Japan SmallCap Dividend Fund

       74  

Statements of Assets and Liabilities (unaudited)

       83  

Statements of Operations (unaudited)

       86  

Statements of Changes in Net Assets (unaudited)

       89  

Financial Highlights (unaudited)

       93  

Notes to Financial Statements (unaudited)

       99  

Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

       112  

General Information (unaudited)

       115  

 

“WisdomTree” is a registered mark of WisdomTree, Inc. (formerly, WisdomTree Investments, Inc.) and is licensed for use by the WisdomTree Trust.


Information about Performance and Shareholder Expense Examples (unaudited)

Performance

The performance tables on the following pages are provided for comparative purposes and represent the period noted. Each Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the midpoint of the bid and ask price for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other exchange traded funds (“ETFs”), NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

Fund shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Fund NAV returns are calculated using a Fund’s daily 4:00 p.m. eastern time NAV. Market price returns reflect the midpoint of the bid and ask price as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period of less than one year are cumulative.

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end performance information visit www.wisdomtree.com/investments.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and an index is not available for direct investment. In comparison, the Funds’ performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or taxes that a shareholder would pay on Fund distributions. Past performance is no guarantee of future results.

Shareholder Expense Examples

Each Fund’s performance table is accompanied by a shareholder expense example. As a shareholder of a WisdomTree Fund, you incur two types of cost: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The examples are intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2023 to September 30, 2023. Except where noted, expenses are calculated using each Fund’s annualized expense ratio (after the effect of contractual or voluntary fee waivers, if any), multiplied by the average account value for the period, multiplied by 183/366 (to reflect the one-half year period). The annualized expense ratio does not include acquired fund fees and expenses (“AFFEs”), which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies.

Actual expenses

The first line in the shareholder expense example table shown on the following pages provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period” to estimate the expenses you paid on your account during the period.

Hypothetical example for comparison purposes

The second line in the shareholder expense example table shown on the following pages provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

 

WisdomTree Trust      1  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    20.1%  

Industrials

    17.5%  

Consumer Staples

    17.4%  

Consumer Discretionary

    15.7%  

Financials

    9.1%  

Information Technology

    7.2%  

Communication Services

    5.6%  

Materials

    3.4%  

Utilities

    2.1%  

Energy

    0.6%  

Real Estate

    0.6%  

Other Assets less Liabilities‡

    0.7%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

LVMH Moet Hennessy Louis Vuitton SE

    5.3%  

Novartis AG, Registered Shares

    5.2%  

Nestle SA, Registered Shares

    3.6%  

Industria de Diseno Textil SA

    3.5%  

Sanofi

    3.4%  

GSK PLC

    3.0%  

Novo Nordisk AS, Class B

    2.8%  

Roche Holding AG

    2.8%  

Deutsche Telekom AG, Registered Shares

    2.8%  

Unilever PLC

    2.7%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Europe Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in the European equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 965.20        0.58   $ 2.85  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since Inception1  

Fund NAV Returns

     -3.48     24.91     4.24     4.92     3.86

Fund Market Price Returns

     -3.81     26.43     4.07     4.89     3.78

WisdomTree Europe Quality Dividend Growth Index

     -3.46     25.41     4.65     5.38     4.33

MSCI Europe Index

     -2.35     28.85     7.23     3.96     2.73
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 7, 2014.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

2   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    28.1%  

Financials

    15.1%  

Consumer Discretionary

    14.7%  

Materials

    11.7%  

Consumer Staples

    5.9%  

Information Technology

    5.9%  

Real Estate

    5.8%  

Energy

    4.3%  

Health Care

    3.3%  

Communication Services

    2.6%  

Utilities

    1.0%  

Investment Company

    0.3%  

Other Assets less Liabilities‡

    1.3%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

SSAB AB, Class A

    2.7%  

D/S Norden AS

    1.8%  

Sydbank AS

    1.6%  

Redrow PLC

    1.4%  

Konecranes Oyj

    1.4%  

MPC Container Ships ASA

    1.3%  

Bank of Georgia Group PLC

    1.2%  

Pagegroup PLC

    1.1%  

Bekaert SA

    1.0%  

Landis & Gyr Group AG

    0.9%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Europe SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the European equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 938.90        0.58   $ 2.81  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     10 Year  

Fund NAV Returns

     -6.11     21.81     4.21     0.41     4.20

Fund Market Price Returns

     -6.61     22.47     4.19     0.39     4.14

WisdomTree Europe SmallCap Dividend Index

     -6.31     21.48     4.39     0.62     4.76

MSCI Europe Small Cap Index

     -5.42     23.17     1.26     0.63     4.37
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      3  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree International AI Enhanced Value Fund (AIVI)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    30.7%  

Industrials

    15.1%  

Materials

    10.8%  

Consumer Staples

    8.6%  

Real Estate

    6.3%  

Energy

    6.3%  

Utilities

    5.8%  

Health Care

    5.7%  

Communication Services

    3.6%  

Consumer Discretionary

    3.5%  

Investment Company

    1.1%  

Information Technology

    1.1%  

Other Assets less Liabilities‡

    1.4%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Swiss Re AG

    3.0%  

Aviva PLC

    2.7%  

Enagas SA

    2.6%  

Zurich Insurance Group AG

    2.4%  

GSK PLC

    2.3%  

British American Tobacco PLC

    2.3%  

Publicis Groupe SA

    2.0%  

Vinci SA

    1.9%  

Phoenix Group Holdings PLC

    1.9%  

Groupe Bruxelles Lambert NV

    1.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International AI Enhanced Value Fund (the “Fund”) seeks income and capital appreciation by investing primarily in equity securities selected from a universe of developed market equities, excluding the United States and Canada, that exhibit value characteristics based on the selection results of a proprietary, quantitative artificial intelligence (AI) model developed by Voya Investment Management Co., LLC., the Fund’s sub-adviser. Prior to January 18, 2022, Fund performance reflects the investment objective of the Fund when it was the WisdomTree International Dividend ex-Financials Fund and tracked the price and yield performance, before fees and expenses, of the WisdomTree International Dividend ex-Financials Index (the “Former Index”). In seeking to track the Former Index, the Fund invested in high-dividend-yielding companies in the developed world excluding the U.S. and Canada, and excluding the financials sector.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,005.00        0.58   $ 2.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     10 Year  

Fund NAV Returns1

     0.50     29.19     6.96     2.50     2.48

Fund Market Price Returns1

     0.02     29.69     6.70     2.49     2.46

MSCI EAFE Value Index

     3.76     31.51     11.11     2.81     2.97
*

Returns of less than one year are cumulative.

 

1 

The Fund’s investment objective changed effective January 18, 2022. Prior to January 18, 2022, the Fund’s investment objective sought to track the price and yield performance, before fees and expenses, of the WisdomTree International Dividend ex-Financials Index.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

4   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree International Equity Fund (DWM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    22.5%  

Industrials

    12.9%  

Materials

    10.6%  

Consumer Discretionary

    10.4%  

Consumer Staples

    8.4%  

Health Care

    8.4%  

Energy

    7.2%  

Communication Services

    6.7%  

Utilities

    4.8%  

Real Estate

    3.9%  

Information Technology

    3.4%  

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

BHP Group Ltd.

    3.5%  

Novartis AG, Registered Shares

    2.0%  

Shell PLC

    1.8%  

TotalEnergies SE

    1.7%  

HSBC Holdings PLC

    1.6%  

Nestle SA, Registered Shares

    1.6%  

LVMH Moet Hennessy Louis Vuitton SE

    1.3%  

Rio Tinto PLC

    1.2%  

Toyota Motor Corp.

    1.1%  

Roche Holding AG

    1.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Equity Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,003.80        0.48   $ 2.40  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.60        0.48   $ 2.43  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     10 Year  

Fund NAV Returns

     0.38     25.60     6.64     2.01     3.16

Fund Market Price Returns

     -0.24     25.81     6.34     1.94     3.03

WisdomTree International Equity Index

     0.26     25.80     6.91     2.26     3.39

MSCI EAFE Index

     -1.28     25.65     5.75     3.24     3.82

MSCI EAFE Value Index

     3.76     31.51     11.11     2.81     2.97
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      5  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree International High Dividend Fund (DTH)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    26.0%  

Materials

    14.8%  

Energy

    9.2%  

Industrials

    8.4%  

Utilities

    8.3%  

Health Care

    7.8%  

Consumer Discretionary

    7.4%  

Communication Services

    7.4%  

Real Estate

    5.6%  

Consumer Staples

    3.8%  

Information Technology

    0.5%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.7%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

BHP Group Ltd.

    5.4%  

Novartis AG, Registered Shares

    3.9%  

TotalEnergies SE

    3.3%  

HSBC Holdings PLC

    2.5%  

Rio Tinto PLC

    2.3%  

Mercedes-Benz Group AG

    1.7%  

BP PLC

    1.5%  

Sanofi

    1.4%  

SoftBank Corp.

    1.3%  

Commonwealth Bank of Australia

    1.3%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high-dividend-yielding companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,005.70        0.58   $ 2.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     10 Year  

Fund NAV Returns

     0.57     27.14     9.13     2.15     2.57

Fund Market Price Returns

     -0.11     26.64     8.86     2.15     2.49

WisdomTree International High Dividend Index

     0.47     27.40     9.44     2.42     2.87

MSCI EAFE Value Index

     3.76     31.51     11.11     2.81     2.97
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

6   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree International LargeCap Dividend Fund (DOL)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    24.0%  

Consumer Discretionary

    10.7%  

Health Care

    10.4%  

Materials

    9.9%  

Industrials

    9.8%  

Consumer Staples

    9.5%  

Energy

    8.8%  

Communication Services

    7.2%  

Utilities

    4.7%  

Information Technology

    2.5%  

Real Estate

    1.6%  

Investment Company

    0.2%  

Other Assets less Liabilities‡

    0.7%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

BHP Group Ltd.

    4.7%  

Novartis AG, Registered Shares

    2.7%  

Shell PLC

    2.4%  

TotalEnergies SE

    2.3%  

HSBC Holdings PLC

    2.2%  

Nestle SA, Registered Shares

    2.2%  

LVMH Moet Hennessy Louis Vuitton SE

    1.8%  

Toyota Motor Corp.

    1.5%  

Rio Tinto PLC

    1.5%  

Roche Holding AG

    1.5%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International LargeCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International LargeCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying large-cap companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,007.30        0.48   $ 2.41  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.60        0.48   $ 2.43  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     10 Year  

Fund NAV Returns

     0.73     26.97     7.89     2.75     3.10

Fund Market Price Returns

     0.28     27.03     7.78     2.80     3.04

WisdomTree International LargeCap Dividend Index

     0.57     27.02     8.08     2.94     3.33

MSCI EAFE Index

     -1.28     25.65     5.75     3.24     3.82

MSCI EAFE Value Index

     3.76     31.51     11.11     2.81     2.97
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      7  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree International MidCap Dividend Fund (DIM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    21.0%  

Financials

    19.0%  

Materials

    12.5%  

Real Estate

    11.4%  

Consumer Discretionary

    8.0%  

Utilities

    6.1%  

Communication Services

    5.8%  

Consumer Staples

    5.5%  

Information Technology

    4.7%  

Energy

    3.2%  

Health Care

    2.1%  

Other Assets less Liabilities‡

    0.7%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Nippon Yusen KK

    1.4%  

South32 Ltd.

    1.1%  

Mitsui OSK Lines Ltd.

    1.1%  

ACS Actividades de Construccion y Servicios SA

    0.9%  

Power Assets Holdings Ltd.

    0.9%  

Koninklijke KPN NV

    0.7%  

Talanx AG

    0.7%  

Randstad NV

    0.7%  

Kawasaki Kisen Kaisha Ltd.

    0.7%  

Erste Group Bank AG

    0.7%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International MidCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International MidCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying mid-cap companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 994.10        0.58   $ 2.89  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     10 Year  

Fund NAV Returns

     -0.59     23.25     4.24     0.52     3.33

Fund Market Price Returns

     -1.09     24.08     4.22     0.58     3.30

WisdomTree International MidCap Dividend Index

     -0.63     23.56     4.44     0.86     3.70

MSCI EAFE Mid Cap Index

     -2.01     22.69     1.78     1.03     3.75

MSCI EAFE Mid Cap Value Index

     0.97     26.10     6.38     0.86     3.57
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

8   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree International Multifactor Fund (DWMF)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    18.6%  

Financials

    16.8%  

Consumer Staples

    14.6%  

Health Care

    11.2%  

Communication Services

    8.9%  

Utilities

    8.2%  

Consumer Discretionary

    7.6%  

Information Technology

    6.6%  

Materials

    3.3%  

Energy

    2.8%  

Real Estate

    0.4%  

Other Assets less Liabilities‡

    1.0%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Novartis AG, Registered Shares

    1.7%  

National Grid PLC

    1.4%  

Sanofi

    1.3%  

AXA SA

    1.2%  

Toshiba Corp.

    1.2%  

Deutsche Telekom AG, Registered Shares

    1.2%  

Ipsen SA

    1.2%  

Swisscom AG, Registered Shares

    1.1%  

Jeronimo Martins SGPS SA

    1.1%  

Check Point Software Technologies Ltd.

    1.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Multifactor Fund (the “Fund”) seeks capital appreciation by investing primarily in equity securities of developed countries, excluding the U.S. and Canada, with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation. The Fund seeks to manage its currency risk by dynamically hedging currency fluctuations in the relative value of the applicable international currencies against the U.S. dollar, ranging from a 0% to 100% hedge.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,010.40        0.38   $ 1.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since Inception1  

Fund NAV Returns

     1.04     18.06     4.89     2.89     3.15

Fund Market Price Returns

     0.62     18.10     4.62     2.83     3.13

MSCI EAFE Local Currency Index

     2.96     20.32     10.81     5.65     5.72

MSCI EAFE Index

     -1.28     25.65     5.75     3.24     3.46
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on August 10, 2018.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      9  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree International Quality Dividend Growth Fund (IQDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    20.1%  

Health Care

    19.8%  

Consumer Staples

    18.4%  

Industrials

    14.6%  

Information Technology

    11.7%  

Financials

    5.0%  

Communication Services

    3.6%  

Materials

    2.5%  

Utilities

    2.0%  

Real Estate

    1.1%  

Energy

    0.8%  

Other Assets less Liabilities‡

    0.4%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

LVMH Moet Hennessy Louis Vuitton SE

    5.4%  

Novartis AG, Registered Shares

    4.7%  

Industria de Diseno Textil SA

    4.5%  

Unilever PLC

    4.5%  

GSK PLC

    4.1%  

Nestle SA, Registered Shares

    3.9%  

Novo Nordisk AS, Class B

    3.8%  

SAP SE

    3.1%  

L’Oreal SA

    2.9%  

Roche Holding AG

    2.5%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 960.80        0.42   $ 2.06  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.90        0.42   $ 2.12  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     Since Inception1  

Fund NAV Returns

     -3.92     23.36     2.53     4.38     5.90

Fund Market Price Returns

     -4.53     24.03     2.41     4.31     5.91

WisdomTree International Quality Dividend Growth Index

     -3.83     23.70     2.85     4.71     6.25

MSCI EAFE Index

     -1.28     25.65     5.75     3.24     5.98
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 7, 2016.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

10   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    24.4%  

Financials

    14.6%  

Consumer Discretionary

    13.5%  

Materials

    12.4%  

Real Estate

    9.6%  

Information Technology

    7.4%  

Consumer Staples

    5.5%  

Health Care

    3.8%  

Communication Services

    3.6%  

Energy

    2.0%  

Utilities

    2.0%  

Investment Company

    0.0%

Other Assets less Liabilities‡

    1.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

D/S Norden AS

    0.8%  

SSAB AB, Class A

    0.6%  

Azimut Holding SpA

    0.6%  

Sydbank AS

    0.6%  

Coface SA

    0.6%  

Bank of Georgia Group PLC

    0.6%  

Kobe Steel Ltd.

    0.6%  

Sims Ltd.

    0.6%  

Deterra Royalties Ltd.

    0.5%  

CSR Ltd.

    0.5%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 979.10        0.58   $ 2.87  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     10 Year  

Fund NAV Returns

     -2.09     17.64     3.05     -0.30     3.18

Fund Market Price Returns

     -2.96     17.29     2.82     -0.36     3.08

WisdomTree International SmallCap Dividend Index

     -2.29     17.92     3.70     0.53     3.88

MSCI EAFE Small Cap Index

     -2.95     17.90     1.10     0.76     4.30

MSCI EAFE Small Cap Value Index

     -0.22     22.47     5.83     1.09     4.01
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      11  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    24.9%  

Materials

    16.6%  

Consumer Discretionary

    16.5%  

Information Technology

    12.2%  

Financials

    10.7%  

Consumer Staples

    7.3%  

Health Care

    4.3%  

Communication Services

    1.9%  

Real Estate

    1.8%  

Energy

    1.4%  

Utilities

    0.8%  

Investment Company

    0.4%  

Other Assets less Liabilities‡

    1.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Kobe Steel Ltd.

    1.7%  

Cosmo Energy Holdings Co. Ltd.

    0.9%  

Tokyo Seimitsu Co. Ltd.

    0.7%  

Aozora Bank Ltd.

    0.6%  

Seven Bank Ltd.

    0.6%  

Nippon Electric Glass Co. Ltd.

    0.6%  

Macnica Holdings, Inc.

    0.6%  

Toyo Tire Corp.

    0.5%  

K’s Holdings Corp.

    0.5%  

Mebuki Financial Group, Inc.

    0.5%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Japan SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the Japanese equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2023)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,048.60        0.58   $ 2.97  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*     1 Year     3 Year     5 Year     10 Year  

Fund NAV Returns

     4.86     25.19     2.52     0.26     5.21

Fund Market Price Returns

     3.97     24.63     2.16     0.22     5.16

WisdomTree Japan SmallCap Dividend Index

     5.02     25.78     2.73     0.56     5.74

MSCI Japan Small Cap Index

     1.37     18.10     -0.69     -0.41     4.57
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

12   WisdomTree Trust


Description of Terms and Indexes (unaudited)

Below are descriptions of certain terms and of each Index referenced in this report:

Growth is generally characterized by higher price levels relative to fundamentals, such as dividends or earnings. Price levels are higher because investors are willing to pay more due to their expectations of future improvements in these fundamentals.

The MSCI EAFE Index is a market cap-weighted index composed of companies representative of the developed market structure of developed countries in Europe, Australasia and Japan.

The MSCI EAFE Local Currency Index is a free float-adjusted market capitalization weighted index that is designed to measure developed market equity performance, excluding the U.S. and Canada, calculated in local currency.

The MSCI EAFE Mid Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of mid-capitalization equities in the developed markets, excluding the U.S. and Canada.

The MSCI EAFE Mid Cap Value Index captures mid cap securities exhibiting overall value style characteristics across Developed Markets countries, excluding the U.S. and Canada.

The MSCI EAFE Small Cap Index is a free float-adjusted market capitalization equity index that is designed to measure the performance of small-cap stocks within the developed equity market, excluding the U.S. and Canada.

The MSCI EAFE Small Cap Value Index captures small cap securities exhibiting overall value style characteristics across Developed Markets countries, excluding the U.S. and Canada.

The MSCI EAFE Value Index is a free float-adjusted market capitalization index that is designed to measure the performance of the “value” stocks within the developed equity market, excluding the U.S. and Canada.

The MSCI Europe Index is a free float-adjusted market capitalization index that is designed to measure the performance of large- and mid-cap stocks within developed market European countries.

The MSCI Europe Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of “small” stocks within developed market European countries.

The MSCI Japan Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of small cap stocks within Japan.

Quality is generally characterized by higher efficiency and profitability. Typical measures include earnings, return-on-equity, return on assets, operating profitability as well as others. This term is also related to the quality factor, which associates these stock characteristics with excess returns vs. the market over time.

Return-on-Equity (ROE) measures a corporation’s profitability by revealing how much profit a company generates with the money shareholders have invested.

The WisdomTree Europe Quality Dividend Growth Index is a fundamentally weighted index that measures the performance of dividend-paying common stocks with growth characteristics selected from the WisdomTree International Equity Index.

The WisdomTree Europe SmallCap Dividend Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the European dividend-paying market.

The WisdomTree International Dividend ex-Financials Index measures the performance

of high dividend-yielding international stocks outside the financial sector.

 

WisdomTree Trust      13  


Description of Terms and Indexes (unaudited) (continued)

 

The WisdomTree International Equity Index is a fundamentally weighted Index that measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States.

The WisdomTree International High Dividend Index is comprised of companies with high dividend yields selected from the WisdomTree International Equity Index.

The WisdomTree International LargeCap Dividend Index is comprised of the large-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree International MidCap Dividend Index is comprised of the mid-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree International Quality Dividend Growth Index is a fundamentally weighted index designed to provide exposure to dividend paying developed market companies.

The WisdomTree International SmallCap Dividend Index is comprised of the small-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree Japan SmallCap Dividend Index is comprised of dividend-paying small-capitalization companies in Japan.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s (“S&P”), a division of The McGraw-Hill Companies, Inc. and is licensed for use by WisdomTree, Inc. Neither MSCI, S&P nor any other party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

WisdomTree, Inc. and WisdomTree Asset Management, Inc. (together, “WisdomTree”) and the Funds make no representation or warranty, express or implied, to the owners of shares of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the underlying Indexes to track the performance of their underlying securities. WisdomTree is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree has no obligation to take the needs of the Funds or the owners of shares of the Funds into consideration in determining, composing, or calculating the underlying

WisdomTree Indexes of the applicable Funds. WisdomTree is not responsible for, and has not participated in, the determination of the timing of, prices of, or quantities of shares of the Funds to be issued or in the determination or calculation of the equation by which the shares of the Funds are redeemable. WisdomTree and the Funds do not guarantee the accuracy, completeness, or performance of the underlying Indexes or the data included therein and shall have no liability in connection with the underlying Indexes or their calculation.

 

14   WisdomTree Trust


Description of Terms and Indexes (unaudited) (concluded)

 

Index performance information assumes the reinvestment of dividends and excludes

management fees, transaction costs and expenses. You cannot directly invest in an index.

* * * * * *

Abbreviations used in the schedules of investments and related tables included in this report are as follows:

 

Currency abbreviations:           
AUD   Australian dollar    JPY   Japanese yen
CHF   Swiss franc    NOK   Norwegian krone
DKK   Danish krone    NZD   New Zealand dollar
EUR   Euro    SEK   Swedish krona
GBP   British pound    SGD   Singapore dollar
HKD   Hong Kong dollar    USD   U.S. dollar
Other abbreviations:           
CVA   Certificaten Van Aandelen (Certificate of Stock)
RSP   Risparmio Italian Savings Shares

 

 

WisdomTree Trust      15  


Schedule of Investments (unaudited)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.3%

 

Austria – 0.4%

 

EVN AG

     3,153      $ 84,457  

Oesterreichische Post AG

     2,490        81,857  

Verbund AG

     1,227        100,095  
     

 

 

 
Total Austria

 

     266,409  
Belgium – 0.8%

 

D’ieteren Group

     387        65,517  

Etablissements Franz Colruyt NV

     2,297        99,612  

Melexis NV

     832        71,968  

UCB SA

     1,598        131,188  

VGP NV

     1,094        101,870  

Warehouses De Pauw CVA

     3,463        85,942  
     

 

 

 
Total Belgium

 

     556,097  
China – 0.3%

 

Prosus NV*

     8,097        239,350  
Denmark – 3.9%

 

Alm Brand AS

     28,457        42,787  

Chr Hansen Holding AS

     1,126        69,128  

Coloplast AS, Class B

     2,016        213,988  

Dfds AS

     1,262        41,785  

FLSmidth & Co. AS

     185        8,384  

Novo Nordisk AS, Class B

     21,602        1,974,888  

Novozymes AS, Class B

     1,706        68,960  

Pandora AS

     2,144        222,704  

Royal Unibrew AS

     788        61,065  

Scandinavian Tobacco Group AS(a)

     2,403        36,677  
     

 

 

 
Total Denmark

 

     2,740,366  
Finland – 2.4%

 

Elisa Oyj

     4,044        187,919  

Fortum Oyj(b)

     37,474        436,233  

Kone Oyj, Class B

     10,399        439,517  

Konecranes Oyj

     2,698        89,866  

Metso Oyj

     14,639        154,277  

Neste Oyj(b)

     7,003        238,225  

Sanoma Oyj(b)

     3,615        26,639  

Valmet Oyj(b)

     5,041        115,603  
     

 

 

 
Total Finland

 

     1,688,279  
France – 22.2%

 

Air Liquide SA

     5,550        939,230  

Airbus SE

     6,038        811,749  

BioMerieux

     551        53,565  

Bollore SE

     19,790        106,649  

Bouygues SA

     12,848        450,797  

Bureau Veritas SA

     5,138        127,891  

Capgemini SE

     1,282        225,043  

Carrefour SA

     9,389        161,883  

Danone SA

     10,211        564,977  

Dassault Aviation SA

     785        148,272  

Dassault Systemes SE

     3,500        130,790  

Eurazeo SE

     1,413        84,450  

Gaztransport & Technigaz SA

     637        78,570  

Hermes International SCA

     336      615,359  

Kering SA

     1,675        765,934  

L’Oreal SA

     3,011        1,253,481  

La Francaise des Jeux SAEM(a)

     3,771        122,970  

LVMH Moet Hennessy Louis Vuitton SE

     4,888        3,707,492  

Metropole Television SA

     6,448        81,785  

Remy Cointreau SA(b)

     288        35,264  

Rubis SCA

     4,802        107,987  

Sanofi

     22,343        2,400,576  

Sartorius Stedim Biotech

     161        38,524  

Schneider Electric SE

     6,629        1,101,757  

Societe BIC SA

     800        52,895  

Sodexo SA

     1,107        114,297  

Sopra Steria Group SACA

     319        66,164  

Teleperformance SE

     342        43,234  

Thales SA

     2,552        359,627  

Veolia Environnement SA

     16,258        472,157  

Verallia SA(a)

     2,439        96,268  

Vivendi SE

     17,277        151,751  

Wendel SE

     911        72,387  
     

 

 

 
Total France

 

     15,543,775  
Georgia – 0.1%

 

Bank of Georgia Group PLC

     1,744        78,547  
Germany – 10.7%

 

adidas AG

     3,509        619,019  

AIXTRON SE

     477        17,585  

Bechtle AG

     904        42,343  

Beiersdorf AG

     766        99,064  

Bilfinger SE

     230        7,900  

Carl Zeiss Meditec AG, Bearer Shares

     338        29,638  

Deutsche Telekom AG, Registered Shares

     92,939        1,954,995  

Fielmann Group AG

     2,103        91,021  

Gerresheimer AG

     246        25,902  

Hannover Rueck SE

     2,263        498,118  

Hella GmbH & Co. KGaA

     542        38,447  

Henkel AG & Co. KGaA

     3,182        201,193  

Hugo Boss AG

     470        29,817  

MTU Aero Engines AG

     389        70,736  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

     3,103        1,212,605  

Nemetschek SE

     385        23,593  

Puma SE

     1,477        91,950  

Rheinmetall AG

     487        125,758  

SAP SE

     12,953        1,684,352  

Scout24 SE(a)

     823        57,213  

Siemens Healthineers AG(a)

     8,944        454,534  

Stroeer SE & Co. KGaA

     1,574        70,158  

Symrise AG

     746        71,337  
     

 

 

 
Total Germany

 

     7,517,278  
Ireland – 0.2%

 

Glanbia PLC

     3,206        52,986  

Kerry Group PLC, Class A

     743        62,287  
     

 

 

 
Total Ireland

 

     115,273  

 

See Notes to Financial Statements.

 

16   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2023

 

 

 

Investments    Shares      Value  
Israel – 0.1%

 

Plus500 Ltd.

     3,160      $ 53,110  
Italy – 2.4%

 

Azimut Holding SpA

     6,676        146,171  

Banca Generali SpA

     4,364        154,829  

Banca Mediolanum SpA

     25,864        221,861  

BPER Banca

     27,151        83,277  

Buzzi SpA

     2,981        81,807  

Davide Campari-Milano NV

     1,883        22,259  

De’ Longhi SpA

     3,816        83,309  

Enav SpA(a)(b)

     9,381        34,802  

Ferrari NV

     767        227,134  

FinecoBank Banca Fineco SpA

     9,898        120,672  

Italgas SpA

     25,848        132,783  

Leonardo SpA

     5,901        85,343  

Moncler SpA

     2,042        119,081  

RAI Way SpA(a)

     9,021        47,277  

Recordati Industria Chimica e Farmaceutica SpA

     2,863        135,525  
     

 

 

 
Total Italy

 

     1,696,130  
Netherlands – 5.9%

 

Aegon NV(b)

     51,806        251,321  

ASM International NV

     253        106,476  

ASML Holding NV

     2,236        1,323,594  

BE Semiconductor Industries NV

     2,766        272,351  

Euronext NV(a)

     1,715        119,840  

Ferrovial SE

     10,246        314,265  

Heineken Holding NV

     2,513        189,969  

Heineken NV(b)

     3,632        320,935  

Koninklijke KPN NV

     113,160        373,682  

SBM Offshore NV

     7,177        94,451  

Universal Music Group NV(b)

     19,828        519,154  

Wolters Kluwer NV

     2,152        261,222  
     

 

 

 
Total Netherlands

 

     4,147,260  
Norway – 0.7%

 

Austevoll Seafood ASA

     5,101        36,073  

Gjensidige Forsikring ASA

     10,751        159,130  

Kongsberg Gruppen ASA

     1,199        49,714  

Leroy Seafood Group ASA

     14,619        61,659  

Salmar ASA

     2,961        151,211  

TOMRA Systems ASA

     476        5,464  
     

 

 

 
Total Norway

 

     463,251  
Portugal – 0.3%

 

Jeronimo Martins SGPS SA

     8,998        202,536  
Spain – 3.7%

 

CIE Automotive SA

     2,198        59,668  

Industria de Diseno Textil SA

     65,026        2,429,585  

Laboratorios Farmaceuticos Rovi SA

     717        38,981  

Unicaja Banco SA(a)(b)

     46,330        49,984  

Viscofan SA

     698        42,714  
     

 

 

 
Total Spain

 

     2,620,932  
Sweden – 5.1%

 

Alfa Laval AB

     5,139        177,761  

Assa Abloy AB, Class B

     10,331        226,509  

Atlas Copco AB, Class A

     26,966      365,489  

Atlas Copco AB, Class B

     16,329        192,686  

Avanza Bank Holding AB(b)

     3,855        67,206  

Axfood AB

     2,796        64,443  

Bilia AB, Class A

     3,615        35,437  

Elekta AB, Class B

     7,624        52,225  

Epiroc AB, Class A

     6,524        124,905  

Epiroc AB, Class B

     5,413        87,292  

Essity AB, Class B

     7,730        167,845  

Evolution AB(a)

     1,770        180,255  

Hexagon AB, Class B

     13,030        111,995  

Hexpol AB

     11,045        98,767  

Husqvarna AB, Class B(b)

     12,384        95,454  

Indutrade AB

     2,829        52,782  

Investment AB Latour, Class B

     6,174        109,538  

Lifco AB, Class B

     995        17,580  

Loomis AB

     1,611        43,685  

Mycronic AB

     859        17,869  

Nibe Industrier AB, Class B

     5,577        36,858  

Nordnet AB publ

     5,857        77,848  

Saab AB, Class B

     959        49,150  

Sagax AB, Class B

     1,965        37,711  

Sandvik AB

     17,764        329,635  

Securitas AB, Class B

     12,782        101,958  

SKF AB, Class B

     10,070        168,834  

Sweco AB, Class B

     5,077        47,760  

Telefonaktiebolaget LM Ericsson, Class B(b)

     68,821        337,827  

Thule Group AB(a)(b)

     3,535        93,352  
     

 

 

 
Total Sweden

 

     3,570,656  
Switzerland – 21.4%

 

ABB Ltd., Registered Shares

     31,987        1,146,888  

BKW AG

     691        121,990  

Clariant AG, Registered Shares

     4,267        67,634  

Coca-Cola HBC AG

     4,418        121,275  

DKSH Holding AG

     1,076        72,984  

Galenica AG(a)

     763        56,508  

Geberit AG, Registered Shares

     514        257,899  

Georg Fischer AG, Registered Shares

     1,016        57,364  

Givaudan SA, Registered Shares

     107        350,195  

Landis & Gyr Group AG

     725        52,544  

Logitech International SA, Registered Shares

     1,751        121,123  

Lonza Group AG, Registered Shares

     215        100,026  

Nestle SA, Registered Shares

     22,124        2,508,902  

Novartis AG, Registered Shares

     35,531        3,645,928  

Partners Group Holding AG

     522        590,303  

Roche Holding AG

     7,173        1,963,793  

Roche Holding AG, Bearer Shares

     932        274,465  

Schindler Holding AG, Participation Certificate

     476        95,221  

Schindler Holding AG, Registered Shares

     1,042        201,383  

SFS Group AG

     604        66,157  

SGS SA, Registered Shares

     3,731        314,125  

SIG Group AG

     5,013        124,065  

Sika AG, Registered Shares

     1,079        274,940  

 

See Notes to Financial Statements.

 

WisdomTree Trust      17  


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2023

 

 

 

Investments    Shares      Value  

Sonova Holding AG, Registered Shares

     526      $ 125,175  

Stadler Rail AG

     1,745        68,213  

Straumann Holding AG, Registered Shares

     556        71,232  

Sulzer AG, Registered Shares

     1,066        102,137  

Temenos AG, Registered Shares

     735        51,759  

VAT Group AG(a)

     405        145,655  

Zurich Insurance Group AG

     4,018        1,845,170  
     

 

 

 
Total Switzerland

 

     14,995,053  
United Kingdom – 15.7%

 

Airtel Africa PLC(a)

     74,880        114,792  

Ashtead Group PLC

     3,841        234,500  

Auto Trader Group PLC(a)

     8,394        63,275  

BAE Systems PLC

     53,296        649,073  

Beazley PLC

     7,143        48,256  

British American Tobacco PLC

     60,158        1,892,184  

Britvic PLC

     2,142        22,798  

Burberry Group PLC

     5,402        125,835  

CNH Industrial NV

     16,180        197,687  

Compass Group PLC

     12,521        305,650  

Computacenter PLC

     2,429        75,007  

Croda International PLC

     1,080        64,789  

Dechra Pharmaceuticals PLC

     774        35,785  

Diageo PLC

     18,210        674,343  

Diploma PLC

     1,621        59,434  

Drax Group PLC

     8,995        48,175  

Dunelm Group PLC

     5,326        68,257  

Fresnillo PLC

     13,739        92,431  

Games Workshop Group PLC

     883        113,918  

Greggs PLC

     1,745        52,139  

Halma PLC

     2,035        48,149  

Hargreaves Lansdown PLC

     11,628        109,737  

Howden Joinery Group PLC

     11,519        103,534  

IMI PLC

     3,318        63,501  

Imperial Brands PLC

     25,977        528,543  

Intertek Group PLC

     2,311        115,987  

Investec PLC

     21,476        126,266  

ITV PLC

     155,804        134,296  

Next PLC

     2,603        231,800  

Ninety One PLC(b)

     28,443        59,399  

Pagegroup PLC

     18,051        92,359  

Pearson PLC

     8,702        92,235  

Pets at Home Group PLC

     11,787      48,166  

Reckitt Benckiser Group PLC

     8,252        583,570  

RELX PLC

     23,277        788,398  

Rentokil Initial PLC

     14,312        106,593  

Rightmove PLC

     7,786        53,427  

Rotork PLC

     11,800        45,022  

RS Group PLC

     4,817        43,237  

Sage Group PLC

     15,151        182,891  

Segro PLC

     19,549        171,653  

Smith & Nephew PLC

     12,935        161,509  

Spectris PLC

     1,741        72,122  

Spirax-Sarco Engineering PLC

     540        62,786  

Tate & Lyle PLC

     6,195        51,833  

TBC Bank Group PLC

     2,426        88,387  

Unilever PLC

     38,647        1,916,069  

Victrex PLC

     1,282        21,985  
     

 

 

 
Total United Kingdom

 

     11,041,782  
United States – 3.0%

 

GSK PLC

     116,471        2,121,007  

TOTAL COMMON STOCKS

(Cost: $66,377,905)

 

 

     69,657,091  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.6%

 

United States – 1.6%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $1,109,418)      1,109,418        1,109,418  

TOTAL INVESTMENTS IN SECURITIES – 100.9%

(Cost: $67,487,323)

 

 

     70,766,509  

Other Assets less Liabilities – (0.9)%

 

     (612,360
     

 

 

 
NET ASSETS – 100.0%

 

   $ 70,154,149  

 

* 

Non-income producing security.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,934,053 and the total market value of the collateral held by the Fund was $2,046,569. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $937,151.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

FINANCIAL DERIVATIVE INSTRUMENTS                                                 
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)                                                 
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to be
Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/3/2023       4,300       USD       3,524       GBP     $     $ (1

Goldman Sachs

    10/3/2023       10,893       USD       9,968       CHF             (4

Goldman Sachs

    10/3/2023       8,656       USD       8,185       EUR             (10

Goldman Sachs

    10/3/2023       25,138       USD       274,484       SEK             (127
                                            $     $ (142

 

See Notes to Financial Statements.

 

18   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2023

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

  

Common Stocks

   $ 69,657,091      $      $      $ 69,657,091  

Investment of Cash Collateral for Securities Loaned

            1,109,418               1,109,418  

Total Investments in Securities

   $ 69,657,091      $ 1,109,418      $      $ 70,766,509  

Liabilities:

        

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (142    $      $ (142

Total – Net

   $ 69,657,091      $ 1,109,276      $      $ 70,766,367  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      19  


Schedule of Investments (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.4%

 

Austria – 0.8%

 

AT&S Austria Technologie & Systemtechnik AG

     20,398      $ 605,130  

S IMMO AG*

     29,570        401,359  

Schoeller-Bleckmann Oilfield Equipment AG

     5,248        310,043  

Semperit AG Holding

     8,811        159,147  
     

 

 

 
Total Austria

 

     1,475,679  
Belgium – 1.8%

 

Bekaert SA

     41,013        1,842,852  

Deceuninck NV

     64,293        147,712  

Fagron

     25,051        427,281  

Recticel SA(a)

     23,243        230,828  

Xior Student Housing NV(a)

     24,989        716,988  
     

 

 

 
Total Belgium

 

     3,365,661  
Denmark – 6.7%

 

Cementir Holding NV

     39,124        310,669  

Chemometec AS*

     2,074        99,059  

D/S Norden AS

     60,539        3,377,985  

Dfds AS

     36,961        1,223,777  

FLSmidth & Co. AS

     18,424        834,981  

Matas AS

     22,935        317,818  

Per Aarsleff Holding AS

     11,359        522,535  

Scandinavian Tobacco Group AS(b)

     78,679        1,200,874  

Schouw & Co. AS

     9,696        647,712  

Spar Nord Bank AS

     85,948        1,335,006  

Sydbank AS

     61,735        2,946,858  
     

 

 

 
Total Denmark

 

     12,817,274  
Finland – 6.2%

 

Aktia Bank Oyj

     18,989        182,952  

Caverion Oyj

     42,505        387,469  

Citycon Oyj*(a)

     157,219        883,047  

Harvia Oyj

     16,438        445,188  

Kamux Corp.(a)

     38,546        226,703  

Kemira Oyj

     50,988        795,718  

Konecranes Oyj

     80,091        2,667,693  

Lassila & Tikanoja Oyj(a)

     11,434        117,910  

Marimekko Oyj(a)

     29,140        324,254  

Musti Group Oyj*

     18,363        349,953  

Outokumpu Oyj(a)

     380,194        1,597,643  

Puuilo Oyj

     80,547        686,923  

Terveystalo Oyj(a)(b)

     53,024        424,412  

Tokmanni Group Corp.(a)

     97,430        1,356,475  

Uponor Oyj

     41,226        1,241,350  
     

 

 

 
Total Finland

 

     11,687,690  
France – 4.3%

 

Beneteau SA

     36,203        439,261  

Coface SA

     128,263        1,640,445  

Derichebourg SA

     181,349        917,776  

Etablissements Maurel & Prom SA

     206,107        1,067,512  

Fnac Darty SA(a)

     38,228        938,994  

Lectra(a)

     11,437        311,805  

LISI

     12,454        293,381  

Maisons du Monde SA(a)(b)

     54,320      418,970  

Mersen SA

     11,614        464,801  

Quadient SA

     25,111        507,798  

Television Francaise 1 SA(a)

     150,925        1,157,692  
     

 

 

 
Total France

 

     8,158,435  
Georgia – 1.2%

 

Bank of Georgia Group PLC

     50,301        2,265,471  
Germany – 7.1%

 

7C Solarparken AG

     64,693        221,577  

BayWa AG

     10,881        388,233  

Bilfinger SE

     27,639        949,285  

Cliq Digital AG

     9,023        179,216  

CropEnergies AG

     49,434        414,519  

Deutz AG

     88,343        390,969  

Duerr AG

     23,981        652,520  

Energiekontor AG

     3,792        309,138  

Gerresheimer AG

     14,300        1,505,686  

GFT Technologies SE

     5,642        157,580  

Hamborner REIT AG

     33,734        230,367  

Hamburger Hafen und Logistik AG

     32,404        577,056  

Hornbach Holding AG & Co. KGaA

     11,987        767,185  

Instone Real Estate Group SE(b)

     68,373        424,929  

Jenoptik AG

     13,667        347,278  

JOST Werke SE(b)

     7,016        337,240  

Kloeckner & Co. SE

     212,074        1,534,686  

Mutares SE & Co. KGaA

     13,596        396,576  

SAF-Holland SE

     50,096        647,608  

Salzgitter AG

     44,012        1,169,602  

Varta AG*(a)

     63,335        1,205,330  

Wacker Neuson SE

     21,299        435,221  

Wuestenrot & Wuerttembergische AG

     13,659        209,402  
     

 

 

 
Total Germany

 

     13,451,203  
Ireland – 0.3%

 

Kenmare Resources PLC

     55,751        282,395  

Origin Enterprises PLC

     56,848        196,212  
     

 

 

 
Total Ireland

 

     478,607  
Italy – 6.4%

 

Alerion Cleanpower SpA

     21,621        610,051  

Anima Holding SpA(b)

     405,818        1,705,750  

Ariston Holding NV

     37,736        246,310  

Banca Popolare di Sondrio SpA

     228,683        1,180,568  

Cairo Communication SpA

     126,234        215,177  

Danieli & C Officine Meccaniche SpA(a)

     9,379        267,117  

Danieli & C Officine Meccaniche SpA, RSP

     17,404        364,476  

El.En. SpA(a)

     26,115        240,687  

Esprinet SpA(a)

     78,138        401,234  

Maire Tecnimont SpA(a)

     293,786        1,210,591  

MARR SpA

     37,777        479,957  

OVS SpA(b)

     125,319        261,117  

Piaggio & C SpA

     185,830        595,358  

RAI Way SpA(b)

     85,677        449,017  

Salcef Group SpA

     23,632        551,699  

 

See Notes to Financial Statements.

 

20   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2023

 

 

 

Investments    Shares      Value  

Sanlorenzo SpA

     13,600      $ 511,165  

SOL SpA

     12,644        358,767  

Technogym SpA(b)

     102,940        797,790  

Unieuro SpA(a)(b)

     37,112        332,806  

Webuild SpA(a)

     535,259        954,899  

Zignago Vetro SpA

     32,844        493,089  
     

 

 

 
Total Italy

 

     12,227,625  
Netherlands – 2.1%

 

AMG Critical Materials NV

     15,365        463,629  

Brunel International NV

     21,326        293,526  

Corbion NV(a)

     27,009        539,316  

ForFarmers NV(a)

     108,513        284,923  

Koninklijke Heijmans NV

     42,556        482,101  

RHI Magnesita NV

     45,682        1,551,164  

Sligro Food Group NV

     20,464        363,560  
     

 

 

 
Total Netherlands

 

     3,978,219  
Norway – 6.2%

 

ABG Sundal Collier Holding ASA

     268,347        129,876  

Atea ASA*

     40,189        504,588  

Austevoll Seafood ASA

     175,220        1,239,121  

Bonheur ASA

     10,803        227,413  

Borregaard ASA

     40,651        603,604  

DNO ASA

     1,105,572        1,098,211  

Europris ASA(b)

     148,295        832,699  

Grieg Seafood ASA

     109,288        803,162  

Kid ASA(b)

     15,583        129,311  

MPC Container Ships ASA

     1,496,308        2,451,696  

OKEA ASA

     156,554        561,431  

SpareBank 1 Nord Norge

     69,250        622,810  

SpareBank 1 SMN

     76,052        980,592  

Sparebanken Vest

     32,736        324,257  

TGS ASA

     87,530        1,205,909  
     

 

 

 
Total Norway

 

     11,714,680  
Portugal – 2.2%

 

Altri SGPS SA(a)

     185,574        842,098  

Corticeira Amorim SGPS SA(a)

     35,086        361,443  

CTT-Correios de Portugal SA

     112,875        415,285  

Mota-Engil SGPS SA

     244,762        887,561  

Sonae SGPS SA

     1,698,871        1,654,785  
     

 

 

 
Total Portugal

 

     4,161,172  
Spain – 3.7%

 

Applus Services SA

     64,921        680,478  

Construcciones y Auxiliar de Ferrocarriles SA

     24,231        759,375  

Ence Energia y Celulosa SA(a)

     367,544        1,235,122  

Ercros SA(a)

     70,877        225,874  

Faes Farma SA

     166,702        564,786  

Global Dominion Access SA(b)

     58,022        205,793  

Indra Sistemas SA

     64,471        935,144  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     431,937        400,149  

Pharma Mar SA(a)

     4,578        155,684  

Sacyr SA(a)

     578,761        1,704,707  

Talgo SA(a)(b)

     65,658        244,347  
     

 

 

 
Total Spain

 

     7,111,459  
Sweden – 15.1%

 

AcadeMedia AB(b)

     84,709      364,591  

AddLife AB, Class B

     40,164        239,375  

Addnode Group AB(a)

     25,431        156,249  

AFRY AB

     68,772        812,791  

Akelius Residential Property AB, Class D

     133,120        244,955  

Ambea AB(b)

     61,563        195,951  

Beijer Alma AB

     15,290        263,461  

Betsson AB, Class B*

     124,457        1,376,975  

Bilia AB, Class A

     51,353        503,405  

BioGaia AB, Class B

     18,610        172,496  

Biotage AB

     11,078        109,514  

Bufab AB

     11,518        292,397  

Catena AB

     20,510        717,384  

Clas Ohlson AB, Class B(a)

     116,676        1,257,595  

Cloetta AB, Class B

     340,668        572,578  

Coor Service Management Holding AB(b)

     62,674        256,137  

Corem Property Group AB, Class B(a)

     1,069,621        596,137  

Dios Fastigheter AB

     131,932        757,162  

Electrolux Professional AB, Class B

     58,768        305,356  

Ferronordic AB

     12,821        80,248  

G5 Entertainment AB

     8,110        117,945  

GARO AB(a)

     13,954        48,936  

Granges AB

     72,559        687,909  

HMS Networks AB

     10,615        390,825  

Instalco AB(a)

     71,781        214,731  

Inwido AB

     68,782        696,418  

JM AB

     126,047        1,720,584  

KNOW IT AB(a)

     14,624        170,682  

Lagercrantz Group AB, Class B

     61,281        626,111  

Lindab International AB

     46,936        691,239  

Medicover AB, Class B

     14,998        198,377  

MEKO AB

     36,242        316,745  

MIPS AB(a)

     7,998        272,975  

Munters Group AB(b)

     34,377        444,576  

Mycronic AB

     31,972        665,090  

NCC AB, Class B(a)

     113,138        1,232,998  

New Wave Group AB, Class B(a)

     54,800        384,158  

Nolato AB, Class B

     150,176        619,547  

Nordic Waterproofing Holding AB

     16,464        246,410  

Paradox Interactive AB

     12,694        268,270  

Peab AB, Class B

     325,039        1,345,728  

Platzer Fastigheter Holding AB, Class B

     29,164        180,393  

Ratos AB, Class B

     149,267        448,177  

Rvrc Holding AB(a)

     67,233        238,752  

Sagax AB, Class D(a)

     189,193        446,678  

Samhallsbyggnadsbolaget i Norden AB, Class D(a)

     525,807        208,499  

Skandinaviska Enskilda Banken AB, Class C(a)

     20,540        245,780  

SkiStar AB(a)

     24,280        249,858  

SSAB AB, Class A

     911,481        5,176,486  

Svenska Handelsbanken AB, Class B(a)

     34,053        361,712  

Troax Group AB

     20,978        299,294  

Vitec Software Group AB, Class B

     3,702        174,976  
     

 

 

 
Total Sweden

 

     28,665,616  

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited) (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2023

 

 

 

Investments    Shares      Value  
Switzerland – 3.9%

 

Arbonia AG

     31,193      $ 286,084  

Ascom Holding AG, Registered Shares

     26,894        305,747  

Comet Holding AG, Registered Shares

     3,764        841,016  

Huber & Suhner AG, Registered Shares

     12,628        913,832  

Landis & Gyr Group AG

     24,299        1,761,067  

Medmix AG(b)

     24,825        630,937  

Mobilezone Holding AG, Registered Shares

     69,125        1,033,701  

Swissquote Group Holding SA, Registered Shares

     6,208        1,137,364  

u-blox Holding AG

     2,749        234,092  

Zehnder Group AG

     6,003        353,041  
     

 

 

 
Total Switzerland

 

     7,496,881  
United Kingdom – 30.3%

 

AG Barr PLC

     77,147        462,334  

AJ Bell PLC

     154,603        517,795  

Alliance Pharma PLC(a)

     255,078        147,262  

Ashmore Group PLC

     649,116        1,487,899  

Bloomsbury Publishing PLC

     57,277        280,337  

Bodycote PLC

     109,120        869,041  

Bytes Technology Group PLC

     86,193        524,752  

Central Asia Metals PLC

     167,265        383,812  

Chemring Group PLC

     111,578        377,918  

Chesnara PLC

     76,796        257,767  

Clarkson PLC

     13,376        446,518  

Close Brothers Group PLC

     147,232        1,592,177  

CLS Holdings PLC(a)

     397,000        575,655  

CMC Markets PLC(b)

     244,662        314,150  

Coats Group PLC

     828,273        741,025  

Concentric AB

     10,594        159,531  

Craneware PLC(a)

     10,399        190,387  

Cranswick PLC

     37,256        1,615,194  

Crest Nicholson Holdings PLC

     312,830        663,229  

DFS Furniture PLC

     307,162        406,399  

DiscoverIE Group PLC

     24,181        200,106  

Diversified Energy Co. PLC

     1,764,720        1,737,143  

Domino’s Pizza Group PLC

     331,725        1,523,994  

EMIS Group PLC

     21,556        508,312  

Empiric Student Property PLC

     591,222        645,846  

Essentra PLC

     145,055        286,462  

FDM Group Holdings PLC

     57,778        366,709  

Fevertree Drinks PLC

     33,367        488,713  

Firstgroup PLC

     172,813        318,289  

Forterra PLC(b)

     317,488        576,615  

Gamma Communications PLC

     22,030        293,625  

Genuit Group PLC

     149,589        601,604  

Great Portland Estates PLC

     104,610        533,454  

Halfords Group PLC

     185,560        449,120  

Hammerson PLC(a)

     1,607,598        494,070  

Helical PLC

     48,249        124,553  

Hill & Smith PLC

     43,759        919,721  

Hilton Food Group PLC

     59,192        518,009  

Hollywood Bowl Group PLC

     74,008        223,568  

Hunting PLC

     95,402        355,733  

I3 Energy PLC(a)

     1,323,696      240,084  

Ibstock PLC(b)

     562,865        978,982  

Impax Asset Management Group PLC

     74,116        414,769  

IntegraFin Holdings PLC

     242,391        701,757  

Jadestone Energy PLC*

     314,168        124,624  

James Halstead PLC(a)

     93,872        237,171  

Keller Group PLC

     31,626        289,894  

Learning Technologies Group PLC

     137,681        107,802  

Liontrust Asset Management PLC

     103,046        763,441  

Lok’nStore Group PLC(a)

     17,232        150,803  

Mitie Group PLC

     530,515        665,650  

MJ Gleeson PLC

     41,692        212,708  

Moneysupermarket.com Group PLC

     586,742        1,737,374  

Morgan Advanced Materials PLC

     178,574        533,998  

Morgan Sindall Group PLC

     40,520        1,016,335  

Mortgage Advice Bureau Holdings Ltd.(a)

     13,210        86,422  

NCC Group PLC

     120,919        174,153  

Next 15 Group PLC

     24,947        195,178  

Ninety One PLC(a)

     646,011        1,349,104  

Oxford Instruments PLC

     9,676        257,459  

Pagegroup PLC

     419,693        2,147,378  

Pan African Resources PLC

     1,771,919        310,998  

PayPoint PLC

     52,939        337,935  

Pets at Home Group PLC

     352,963        1,442,348  

Premier Foods PLC

     207,479        303,886  

PZ Cussons PLC

     238,041        411,406  

Quilter PLC(b)

     1,445,056        1,512,426  

Redde Northgate PLC

     231,161        953,645  

Redrow PLC

     449,909        2,717,126  

Restore PLC(a)

     50,343        144,398  

RWS Holdings PLC

     221,445        648,143  

Savills PLC

     101,333        1,070,467  

Serica Energy PLC

     368,989        1,120,519  

Shaftesbury Capital PLC

     260,597        365,146  

Smart Metering Systems PLC

     79,100        600,513  

Speedy Hire PLC

     546,872        213,261  

Spirent Communications PLC

     212,214        357,444  

SThree PLC

     66,278        302,550  

TBC Bank Group PLC

     28,166        1,026,183  

Telecom Plus PLC

     55,552        1,010,279  

TP ICAP Group PLC

     687,526        1,427,411  

TT Electronics PLC

     94,921        196,955  

Tyman PLC

     192,330        678,423  

Vertu Motors PLC

     410,913        374,650  

Vesuvius PLC

     216,890        1,149,436  

Videndum PLC(a)

     27,408        110,227  

Volex PLC

     34,943        134,133  

Volution Group PLC

     57,819        255,326  

Watkin Jones PLC(a)

     425,322        207,651  

Wickes Group PLC

     444,845        745,478  

Wincanton PLC

     97,818        327,133  

Workspace Group PLC

     173,368        1,038,130  

XPS Pensions Group PLC

     141,379        336,492  

YouGov PLC

     13,190        120,743  
     

 

 

 
Total United Kingdom

 

     57,514,775  

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2023

 

 

 

Investments    Shares      Value  
United States – 0.1%

 

PolyPeptide Group AG*(a)(b)

     7,684      $ 140,441  

TOTAL COMMON STOCKS

(Cost: $209,882,273)

 

 

     186,710,888  
EXCHANGE-TRADED FUND – 0.3%

 

United States – 0.3%

 

WisdomTree International MidCap Dividend Fund(c)

     
(Cost: $588,027)      10,400        583,960  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.2%

 

United States – 6.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(d)

     
(Cost: $11,862,323)      11,862,323        11,862,323  

TOTAL INVESTMENTS IN SECURITIES – 104.9%

(Cost: $222,332,623)

   199,157,171  

Other Assets less Liabilities – (4.9)%

     (9,325,234
     

 

 

 
NET ASSETS – 100.0%    $ 189,831,937  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $16,511,178 and the total market value of the collateral held by the Fund was $17,432,437. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $5,570,114.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

INVESTMENT IN AFFILIATES               

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree International MidCap Dividend Fund

  $ 64,306     $ 5,582,927     $ 4,908,870     $ (147,990   $ (6,413   $ 583,960     $ 54,037  

 

FINANCIAL DERIVATIVE INSTRUMENTS                                                 
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)                                                 
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Royal Bank of Canada

    10/2/2023       97,625       USD       80,000       GBP     $     $ (19

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

  

Common Stocks

   $ 186,710,888      $      $      $ 186,710,888  

Exchange-Traded Fund

     583,960                      583,960  

Investment of Cash Collateral for Securities Loaned

            11,862,323               11,862,323  

Total Investments in Securities

   $ 187,294,848      $ 11,862,323      $      $ 199,157,171  

Liabilities:

        

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (19    $      $ (19

Total – Net

   $ 187,294,848      $ 11,862,304      $      $ 199,157,152  

1 Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited)

WisdomTree International AI Enhanced Value Fund (AIVI)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 97.5%

 

Australia – 6.9%

 

APA Group

     30,560      $ 163,704  

ASX Ltd.

     5,633        207,662  

Aurizon Holdings Ltd.

     289,165        651,328  

Lottery Corp. Ltd.

     74,134        225,834  

National Australia Bank Ltd.

     12,225        229,363  

Scentre Group

     640,073        1,016,234  

Sonic Healthcare Ltd.

     48,459        932,008  

Telstra Group Ltd.

     68,511        170,235  

Transurban Group

     144,281        1,181,679  

Vicinity Ltd.

     146,917        160,720  
     

 

 

 
Total Australia

 

     4,938,767  
Austria – 1.1%

 

OMV AG

     11,566        554,966  

Voestalpine AG

     8,507        232,736  
     

 

 

 
Total Austria

 

     787,702  
Belgium – 2.9%

 

Ageas SA

     8,342        344,716  

Groupe Bruxelles Lambert NV

     17,506        1,307,793  

Sofina SA

     877        178,091  

Umicore SA

     9,202        218,722  
     

 

 

 
Total Belgium

 

     2,049,322  
China – 0.4%

 

BOC Hong Kong Holdings Ltd.

     111,000        304,009  
Denmark – 0.2%

 

Carlsberg AS, Class B

     1,228        155,418  
Finland – 0.9%

 

Sampo Oyj, Class A

     15,249        661,617  
France – 10.5%

 

Arkema SA

     4,039        400,090  

AXA SA

     42,813        1,277,351  

Danone SA

     3,046        168,536  

Eiffage SA

     9,160        873,221  

Gecina SA

     2,416        247,481  

Klepierre SA

     7,585        186,551  

Orange SA

     16,993        195,386  

Publicis Groupe SA

     18,657        1,417,482  

TotalEnergies SE

     18,068        1,191,959  

Vinci SA

     12,440        1,383,203  

Vivendi SE

     23,326        204,881  
     

 

 

 
Total France

 

     7,546,141  
Germany – 4.9%

 

BASF SE

     14,424        655,907  

Bayer AG, Registered Shares

     3,244        156,102  

Bayerische Motoren Werke AG

     1,687        172,146  

Evonik Industries AG

     12,312        225,837  

Heidelberg Materials AG

     10,152        790,225  

Mercedes-Benz Group AG

     15,303        1,067,553  

Siemens Energy AG*

     33,630        440,799  
     

 

 

 
Total Germany

 

     3,508,569  
Hong Kong – 4.0%

 

CK Asset Holdings Ltd.

     83,000      437,157  

CK Infrastructure Holdings Ltd.

     53,500        253,092  

Hang Seng Bank Ltd.

     28,400        353,375  

Henderson Land Development Co. Ltd.

     267,000        703,991  

Hongkong Land Holdings Ltd.

     52,700        188,139  

Link REIT

     52,900        259,372  

Power Assets Holdings Ltd.

     65,000        314,549  

Sun Hung Kai Properties Ltd.

     35,500        379,846  
     

 

 

 
Total Hong Kong

 

     2,889,521  
Italy – 3.0%

 

Eni SpA(a)

     37,964        613,206  

Mediobanca Banca di Credito Finanziario SpA(a)

     55,521        736,549  

Snam SpA

     169,156        796,789  
     

 

 

 
Total Italy

 

     2,146,544  
Japan – 18.4%

 

AGC, Inc.

     30,600        1,075,332  

Asahi Kasei Corp.

     160,600        1,011,546  

FANUC Corp.

     41,900        1,093,092  

Honda Motor Co. Ltd.

     52,500        591,757  

Japan Metropolitan Fund Invest

     277        180,057  

Japan Post Insurance Co. Ltd.

     22,900        386,795  

Kao Corp.

     30,400        1,130,845  

Kirin Holdings Co. Ltd.

     12,800        179,530  

Kyocera Corp.

     15,000        762,640  

Kyowa Kirin Co. Ltd.

     9,800        171,011  

MEIJI Holdings Co. Ltd.

     8,500        211,667  

MS&AD Insurance Group Holdings, Inc.(a)

     5,300        195,165  

NGK Insulators Ltd.(a)

     56,400        749,102  

NIPPON EXPRESS HOLDINGS, Inc.

     18,100        946,452  

Nissan Chemical Corp.

     5,600        238,636  

Nitto Denko Corp.(a)

     4,900        322,059  

Ono Pharmaceutical Co. Ltd.

     12,600        242,163  

Sompo Holdings, Inc.(a)

     24,000        1,034,626  

Sumitomo Chemical Co. Ltd.

     355,800        970,418  

Takeda Pharmaceutical Co. Ltd.(a)

     13,200        410,529  

Tokio Marine Holdings, Inc.

     8,100        188,082  

Tosoh Corp.

     74,500        957,554  

Yamato Holdings Co. Ltd.

     9,500        155,018  
     

 

 

 
Total Japan

 

     13,204,076  
Netherlands – 5.2%

 

Euronext NV(b)

     3,414        238,562  

JDE Peet’s NV

     37,754        1,056,061  

Koninklijke Philips NV(a)

     24,891        499,817  

NN Group NV

     29,208        941,326  

OCI NV*

     19,054        532,377  

Randstad NV

     4,576        253,773  

Wolters Kluwer NV

     1,682        204,171  
     

 

 

 
Total Netherlands

 

     3,726,087  
New Zealand – 0.2%

 

Auckland International Airport Ltd.

     38,291        181,986  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International AI Enhanced Value Fund (AIVI)

September 30, 2023

 

 

 

Investments    Shares      Value  
Norway – 3.2%

 

DNB Bank ASA

     28,285      $ 573,098  

Gjensidige Forsikring ASA

     11,447        169,432  

Norsk Hydro ASA

     145,351        917,933  

Telenor ASA

     55,077        628,883  
     

 

 

 
Total Norway

 

     2,289,346  
Singapore – 3.1%

 

CapitaLand Integrated Commercial Trust

     167,600        227,167  

CapitaLand Investment Ltd.

     74,200        168,525  

DBS Group Holdings Ltd.

     11,000        271,111  

Mapletree Pan Asia Commercial Trust

     158,100        165,641  

Oversea-Chinese Banking Corp. Ltd.

     116,200        1,090,572  

United Overseas Bank Ltd.

     13,700        286,065  
     

 

 

 
Total Singapore

 

     2,209,081  
Spain – 4.3%

 

Aena SME SA(b)

     2,082        314,335  

Enagas SA

     111,650        1,853,524  

Redeia Corp. SA

     13,471        212,439  

Repsol SA

     43,425        715,850  
     

 

 

 
Total Spain

 

     3,096,148  
Sweden – 1.2%

 

Boliden AB

     10,768        311,666  

Essity AB, Class B

     7,620        165,457  

Industrivarden AB, Class A

     7,029        186,850  

Industrivarden AB, Class C

     7,151        189,961  
     

 

 

 
Total Sweden

 

     853,934  
Switzerland – 6.8%

 

Baloise Holding AG, Registered Shares

     2,230        323,969  

SGS SA, Registered Shares

     5,581        469,882  

Swiss Prime Site AG, Registered Shares

     2,331        213,913  

Swiss Re AG

     20,983        2,163,442  

Zurich Insurance Group AG

     3,710        1,703,729  
     

 

 

 
Total Switzerland

 

     4,874,935  
United Kingdom – 18.0%

 

Aviva PLC

     406,892        1,935,871  

BAE Systems PLC

     15,475        188,464  

BP PLC

     40,325        261,548  

British American Tobacco PLC

     52,530        1,652,256  

CK Hutchison Holdings Ltd.

     57,500        307,622  

Coca-Cola Europacific Partners PLC

     2,834      177,068  

Imperial Brands PLC

     49,789        1,013,035  

Legal & General Group PLC

     449,925        1,221,872  

M&G PLC

     285,227        686,868  

Phoenix Group Holdings PLC

     227,625        1,339,685  

Reckitt Benckiser Group PLC

     4,043        285,915  

RELX PLC

     6,710        227,269  

Rolls-Royce Holdings PLC*

     63,166        170,308  

Schroders PLC

     215,352        1,070,316  

Shell PLC

     37,266        1,185,339  

St. James’s Place PLC

     20,459        207,811  

Taylor Wimpey PLC

     330,107        472,616  

United Utilities Group PLC

     47,146        545,633  
     

 

 

 
Total United Kingdom

 

     12,949,496  
United States – 2.3%

 

GSK PLC

     90,839        1,654,233  

TOTAL COMMON STOCKS

(Cost: $74,153,409)

 

 

     70,026,932  
EXCHANGE-TRADED FUND – 1.1%

 

United States – 1.1%

 

iShares MSCI EAFE Value ETF(a)

(Cost: $768,379)

     15,666        766,537  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.3%

 

United States – 5.3%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $3,807,872)      3,807,872        3,807,872  

TOTAL INVESTMENTS IN SECURITIES – 103.9%

(Cost: $78,729,660)

 

 

     74,601,341  

Other Assets less Liabilities – (3.9)%

 

     (2,828,529
     

 

 

 
NET ASSETS – 100.0%

 

   $ 71,772,812  

 

*

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $4,216,138 and the total market value of the collateral held by the Fund was $4,406,501. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $598,629.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

  

Common Stocks

   $ 70,026,932      $      $      $ 70,026,932  

Exchange-Traded Fund

     766,537                      766,537  

Investment of Cash Collateral for Securities Loaned

            3,807,872               3,807,872  

Total Investments in Securities

   $ 70,793,469      $ 3,807,872      $      $ 74,601,341  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%

 

Australia – 12.0%

 

Abacus Group(a)

     76,201      $ 51,393  

AGL Energy Ltd.(a)

     28,579        197,914  

ALS Ltd.

     13,627        100,877  

Ampol Ltd.

     15,953        348,007  

ANZ Group Holdings Ltd.

     187,854        3,111,043  

APA Group

     72,169        386,596  

Aristocrat Leisure Ltd.

     7,817        206,092  

ASX Ltd.(a)

     7,911        291,641  

AUB Group Ltd.

     4,374        82,262  

Aurizon Holdings Ltd.

     102,402        230,655  

Australian Clinical Labs Ltd.(a)

     37,319        68,644  

Bank of Queensland Ltd.(a)

     31,220        115,657  

Bapcor Ltd.(a)

     21,408        93,954  

Bendigo & Adelaide Bank Ltd.

     30,076        173,341  

BHP Group Ltd.

     678,503        19,377,330  

BlueScope Steel Ltd.

     12,351        154,963  

Brambles Ltd.

     31,212        288,465  

Brickworks Ltd.

     9,718        156,612  

BWP Trust

     33,230        71,846  

carsales.com Ltd.

     12,973        233,935  

Challenger Ltd.

     18,088        74,947  

Champion Iron Ltd.(a)

     22,365        90,936  

Charter Hall Group

     20,418        125,057  

Charter Hall Long Wale REIT

     57,296        119,072  

Cochlear Ltd.

     791        130,344  

Coles Group Ltd.

     60,377        606,331  

Commonwealth Bank of Australia

     73,227        4,724,652  

Computershare Ltd.

     9,838        164,832  

Cromwell Property Group(a)

     125,862        30,056  

CSL Ltd.

     4,520        731,636  

CSR Ltd.

     45,117        164,520  

Deterra Royalties Ltd.

     60,759        187,834  

Dexus(a)

     88,914        418,911  

Downer EDI Ltd.(a)

     36,313        96,558  

Eagers Automotive Ltd.

     14,380        129,282  

Elders Ltd.(a)

     6,363        23,737  

Endeavour Group Ltd.(a)

     34,735        118,143  

First Resources Ltd.

     109,300        122,521  

Goodman Group

     32,861        454,922  

GPT Group

     88,900        223,767  

Growthpoint Properties Australia Ltd.

     93,732        133,693  

GUD Holdings Ltd.(a)

     8,849        67,220  

Harvey Norman Holdings Ltd.(a)

     101,615        253,804  

Helia Group Ltd.

     54,108        121,875  

HomeCo Daily Needs REIT

     117,714        87,748  

Iluka Resources Ltd.

     13,285        65,849  

Incitec Pivot Ltd.

     108,926        220,745  

Insignia Financial Ltd.(a)

     48,824        76,257  

Insurance Australia Group Ltd.

     50,148        183,836  

IVE Group Ltd.(a)

     48,679        60,793  

JB Hi-Fi Ltd.(a)

     10,747        315,038  

Lendlease Corp. Ltd.(a)

     15,098        69,964  

Lovisa Holdings Ltd.

     5,501      68,664  

Macquarie Group Ltd.

     10,736        1,162,203  

McMillan Shakespeare Ltd.

     9,360        97,320  

Medibank Pvt Ltd.

     148,466        329,621  

Metcash Ltd.

     70,367        171,668  

Mineral Resources Ltd.(a)

     1,882        82,146  

Mirvac Group

     211,375        290,578  

Monadelphous Group Ltd.

     8,883        81,008  

National Australia Bank Ltd.

     156,228        2,931,114  

Navigator Global Investments Ltd.(a)

     113,089        98,168  

New Hope Corp. Ltd.

     78,078        319,986  

Nine Entertainment Co. Holdings Ltd.(a)

     151,052        199,852  

Northern Star Resources Ltd.

     25,272        170,608  

NRW Holdings Ltd.

     52,318        91,506  

Origin Energy Ltd.

     73,170        414,626  

Orora Ltd.(a)

     46,358        82,278  

Premier Investments Ltd.

     6,953        112,187  

QBE Insurance Group Ltd.

     32,022        324,678  

Qube Holdings Ltd.

     85,914        159,138  

REA Group Ltd.(a)

     1,660        165,333  

Reece Ltd.(a)

     8,767        105,413  

Region RE Ltd.(a)

     64,615        84,239  

Rio Tinto Ltd.

     32,052        2,348,936  

Rio Tinto PLC

     101,522        6,411,240  

Santos Ltd.

     82,043        418,309  

Scentre Group

     210,377        334,012  

SEEK Ltd.(a)

     8,828        125,746  

Seven Group Holdings Ltd.

     14,816        297,864  

Sims Ltd.

     17,846        155,836  

SmartGroup Corp. Ltd.(a)

     28,391        151,719  

Sonic Healthcare Ltd.

     17,146        329,768  

South32 Ltd.

     512,220        1,120,689  

Stockland

     207,507        524,986  

Suncorp Group Ltd.

     37,395        337,162  

Super Retail Group Ltd.

     20,259        156,771  

Telstra Group Ltd.

     629,886        1,565,134  

TPG Telecom Ltd.(a)

     52,465        184,881  

Transurban Group

     74,882        613,293  

Treasury Wine Estates Ltd.

     14,139        112,515  

Vicinity Ltd.

     247,378        270,620  

Viva Energy Group Ltd.(b)

     106,001        205,239  

Washington H Soul Pattinson & Co. Ltd.(a)

     11,203        235,639  

Waypoint REIT Ltd.

     39,338        57,125  

Wesfarmers Ltd.

     38,347        1,308,240  

Westpac Banking Corp.

     135,159        1,844,948  

Whitehaven Coal Ltd.

     50,777        233,005  

Woodside Energy Group Ltd.

     134,475        3,166,972  

Woolworths Group Ltd.

     25,802        621,475  

Worley Ltd.

     23,862        268,123  
     

 

 

 
Total Australia

 

     67,078,688  
Austria – 0.5%

 

ANDRITZ AG

     5,048        255,577  

BAWAG Group AG*(b)

     6,426        295,681  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Erste Group Bank AG

     19,287      $ 670,188  

Oesterreichische Post AG

     4,572        150,301  

OMV AG

     14,886        714,268  

Semperit AG Holding

     1,932        34,896  

Telekom Austria AG

     35,533        248,296  

Verbund AG

     1,485        121,142  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     6,121        171,088  

Voestalpine AG

     8,104        221,710  

Wienerberger AG

     3,510        89,338  
     

 

 

 
Total Austria

 

     2,972,485  
Belgium – 1.0%

 

Ackermans & van Haaren NV

     634        96,056  

Aedifica SA

     1,043        59,465  

Ageas SA

     14,521        600,052  

Anheuser-Busch InBev SA

     13,601        756,147  

Bekaert SA

     2,435        109,413  

bpost SA

     14,878        81,675  

Cofinimmo SA

     2,374        163,124  

D’ieteren Group

     554        93,789  

Elia Group SA

     766        75,139  

Etablissements Franz Colruyt NV

     4,568        198,098  

Groupe Bruxelles Lambert NV

     2,885        215,525  

KBC Group NV

     24,202        1,515,396  

Melexis NV

     1,296        112,104  

Proximus SADP

     32,203        262,463  

Solvay SA

     3,467        384,871  

UCB SA

     2,578        211,642  

Umicore SA(a)

     4,903        116,539  

VGP NV

     1,831        170,497  

Warehouses De Pauw CVA

     7,467        185,309  
     

 

 

 
Total Belgium

 

     5,407,304  
Burkina Faso – 0.0%

 

Endeavour Mining PLC

     7,426        143,752  
China – 0.5%

 

BOC Aviation Ltd.(b)

     27,200        189,799  

BOC Hong Kong Holdings Ltd.

     524,444        1,436,356  

Prosus NV*

     10,869        321,291  

Wilmar International Ltd.

     227,700        622,259  
     

 

 

 
Total China

 

     2,569,705  
Denmark – 1.4%

 

Alm Brand AS

     66,433        99,887  

AP Moller – Maersk AS, Class B

     591        1,068,603  

Carlsberg AS, Class B

     2,161        273,500  

Chr Hansen Holding AS

     1,261        77,416  

Coloplast AS, Class B

     3,782        401,440  

D/S Norden AS

     3,893        217,224  

DSV AS

     1,432        268,175  

Novo Nordisk AS, Class B

     35,994        3,290,626  

Novozymes AS, Class B

     3,432        138,728  

Orsted AS(b)

     5,733        313,462  

Pandora AS

     3,773        391,914  

Royal Unibrew AS

     1,851      143,440  

Scandinavian Tobacco Group AS(b)

     8,025        122,485  

Schouw & Co. AS

     1,483        99,067  

Sydbank AS

     3,746        178,812  

Topdanmark AS

     6,001        261,402  

Tryg AS

     17,768        326,313  
     

 

 

 
Total Denmark

 

     7,672,494  
Finland – 1.4%

 

Anora Group Oyj(a)

     7,391        35,135  

Cargotec Oyj, Class B

     2,407        101,070  

Elisa Oyj

     9,266        430,578  

Fortum Oyj(a)

     49,827        580,034  

Huhtamaki Oyj(a)

     1,881        62,036  

Kesko Oyj, Class B

     18,040        324,125  

Kojamo Oyj(a)

     8,326        74,047  

Kone Oyj, Class B

     14,734        622,737  

Konecranes Oyj

     4,817        160,446  

Metsa Board Oyj, Class B(a)

     22,421        180,529  

Metso Oyj

     20,165        212,515  

Neste Oyj(a)

     11,163        379,739  

Nokia Oyj

     27,992        105,743  

Nordea Bank Abp

     186,410        2,061,042  

Orion Oyj, Class B

     3,885        153,095  

Sampo Oyj, Class A

     24,685        1,071,022  

Stora Enso Oyj, Class R(a)

     17,427        219,380  

TietoEVRY Oyj

     6,571        148,185  

UPM-Kymmene Oyj

     16,475        566,371  

Valmet Oyj(a)

     10,716        245,745  
     

 

 

 
Total Finland

 

     7,733,574  
France – 11.1%

 

Air Liquide SA

     7,757        1,312,722  

Airbus SE

     7,760        1,043,255  

ALD SA(b)

     37,812        293,645  

Alten SA

     779        102,766  

Arkema SA

     2,667        264,184  

AXA SA

     154,935        4,622,575  

BNP Paribas SA

     66,985        4,285,718  

Bollore SE

     39,915        215,104  

Bouygues SA

     16,683        585,356  

Bureau Veritas SA

     7,258        180,660  

Capgemini SE

     2,566        450,438  

Carrefour SA

     18,843        324,886  

Chargeurs SA(a)

     3        26  

Cie de Saint-Gobain SA

     13,596        818,774  

Cie Generale des Etablissements Michelin SCA

     22,904        704,936  

Coface SA

     21,092        269,760  

Danone SA

     19,298        1,067,764  

Dassault Aviation SA

     983        185,670  

Dassault Systemes SE

     6,744        252,014  

Edenred SE

     4,717        296,052  

Eiffage SA

     3,777        360,061  

Engie SA

     172,835        2,658,831  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Eramet SA(a)

     1,383      $ 105,792  

EssilorLuxottica SA

     4,998        873,966  

Eurazeo SE

     1,761        105,249  

Gaztransport & Technigaz SA

     1,821        224,610  

Gecina SA

     4,002        409,941  

Hermes International SCA

     643        1,177,607  

Imerys SA

     2,958        87,690  

Ipsen SA

     1,065        140,044  

IPSOS SA

     3,073        141,659  

Kering SA

     2,357        1,077,795  

Klepierre SA

     17,745        436,434  

L’Oreal SA

     8,571        3,568,112  

La Francaise des Jeux SAEM(b)

     8,396        273,789  

Legrand SA

     4,957        458,170  

LVMH Moet Hennessy Louis Vuitton SE

     9,672        7,336,101  

Metropole Television SA

     13,441        170,483  

Nexans SA

     442        36,057  

Orange SA

     212,281        2,440,812  

Pernod Ricard SA

     6,169        1,030,986  

Publicis Groupe SA

     7,688        584,103  

Remy Cointreau SA(a)

     825        101,017  

Rexel SA

     14,314        322,800  

Rothschild & Co.

     5,164        211,041  

Rubis SCA

     6,093        137,019  

Sanofi

     36,544        3,926,359  

Sartorius Stedim Biotech

     304        72,740  

Schneider Electric SE

     9,675        1,608,010  

Societe Generale SA

     42,738        1,042,760  

Sodexo SA

     1,495        154,358  

Sopra Steria Group SACA

     724        150,164  

SPIE SA

     6,087        177,356  

Teleperformance SE

     466        58,909  

Television Francaise 1 SA(a)

     16,850        129,250  

Thales SA

     4,924        693,888  

TotalEnergies SE

     141,917        9,362,366  

Valeo SE

     3,983        68,864  

Veolia Environnement SA

     21,177        615,012  

Verallia SA(b)

     3,954        156,065  

Vinci SA

     15,176        1,687,418  

Vivendi SE

     33,092        290,660  

Wendel SE

     2,132        169,407  
     

 

 

 
Total France

 

     62,110,060  
Georgia – 0.0%

 

Bank of Georgia Group PLC

     4,550        204,924  
Germany – 7.5%

 

adidas AG

     4,783        843,764  

Allianz SE, Registered Shares

     17,469        4,174,390  

Aurubis AG

     1,287        95,574  

BASF SE

     47,974        2,181,537  

Bayer AG, Registered Shares

     28,068        1,350,637  

Bayerische Motoren Werke AG

     31,156        3,179,231  

Beiersdorf AG

     1,582        204,594  

Bilfinger SE

     3,013        103,484  

Brenntag SE

     4,001      311,266  

Dermapharm Holding SE

     2,627        108,806  

Deutsche Bank AG, Registered Shares

     32,107        355,230  

Deutsche Boerse AG

     3,029        524,978  

Deutsche Post AG, Registered Shares

     44,856        1,830,077  

Deutsche Telekom AG, Registered Shares

     187,965        3,953,890  

Deutz AG

     25,933        114,768  

DWS Group GmbH & Co. KGaA(b)

     15,836        539,877  

E.ON SE

     111,040        1,316,712  

Evonik Industries AG

     18,397        337,453  

Fielmann Group AG

     2,980        128,979  

Freenet AG

     9,338        219,285  

GEA Group AG

     2,924        108,229  

Hannover Rueck SE

     4,743        1,044,001  

Hapag-Lloyd AG(a)(b)

     13,488        2,459,088  

Heidelberg Materials AG

     7,308        568,850  

Henkel AG & Co. KGaA

     5,998        379,245  

HOCHTIEF AG

     2,620        265,603  

Hornbach Holding AG & Co. KGaA

     1,019        65,217  

Infineon Technologies AG

     11,440        379,775  

Kloeckner & Co. SE

     14,055        101,710  

Mercedes-Benz Group AG

     66,646        4,649,294  

Merck KGaA

     1,542        258,195  

Muenchener Rueckversicherungs - Gesellschaft AG, Registered Shares

     4,354        1,701,476  

Mutares SE & Co. KGaA

     5,207        151,881  

Puma SE

     2,939        182,966  

Rheinmetall AG

     673        173,788  

RWE AG

     12,830        477,469  

SAP SE

     17,082        2,221,270  

Siemens Healthineers AG(b)

     15,514        788,422  

Siltronic AG

     2,265        194,124  

Sixt SE

     1,253        116,477  

Stroeer SE & Co. KGaA

     2,228        99,309  

Suedzucker AG

     9,677        144,257  

Symrise AG

     1,648        157,592  

Talanx AG

     12,887        818,647  

Telefonica Deutschland Holding AG

     188,763        338,751  

United Internet AG, Registered Shares

     5,092        109,225  

Varta AG*(a)

     3,134        59,643  

Volkswagen AG

     9,627        1,271,016  

Wacker Chemie AG

     2,560        367,666  

Wacker Neuson SE

     3,866        78,997  
     

 

 

 
Total Germany

 

     41,606,715  
Hong Kong – 2.7%

 

AIA Group Ltd.

     218,365        1,780,244  

Bank of East Asia Ltd.

     126,600        157,121  

Champion REIT

     479,000        157,794  

CLP Holdings Ltd.

     108,000        799,122  

Dah Sing Banking Group Ltd.

     221,200        146,302  

Dah Sing Financial Holdings Ltd.

     33,200        70,200  

Fortune Real Estate Investment Trust

     215,000        129,024  

Hang Lung Group Ltd.

     111,000        156,469  

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Hang Lung Properties Ltd.

     225,000      $ 307,973  

Hang Seng Bank Ltd.

     56,700        705,506  

Henderson Land Development Co. Ltd.

     303,859        801,176  

Hong Kong & China Gas Co. Ltd.

     718,570        500,953  

Hong Kong Exchanges & Clearing Ltd.

     31,829        1,189,140  

Hutchison Port Holdings Trust

     984,700        169,368  

Hysan Development Co. Ltd.

     74,000        143,430  

Link REIT

     160,273        785,827  

MTR Corp. Ltd.

     287,553        1,138,191  

New World Development Co. Ltd.

     232,000        451,449  

PCCW Ltd.

     1,152,000        525,117  

Power Assets Holdings Ltd.

     187,000        904,933  

Singamas Container Holdings Ltd.

     514,000        36,096  

Sino Land Co. Ltd.

     496,201        559,441  

Sun Hung Kai Properties Ltd.

     178,000        1,904,582  

Swire Pacific Ltd., Class A

     29,500        199,069  

Swire Pacific Ltd., Class B

     207,500        226,792  

Swire Properties Ltd.

     249,600        520,754  

Techtronic Industries Co. Ltd.

     39,500        383,307  
     

 

 

 
Total Hong Kong

 

     14,849,380  
Indonesia – 0.0%

 

Bumitama Agri Ltd.

     142,800        59,635  

Nickel Industries Ltd.(a)

     211,497        102,375  
     

 

 

 
Total Indonesia

 

     162,010  
Ireland – 0.4%

 

AIB Group PLC

     29,278        132,052  

CRH PLC

     21,534        1,193,788  

Glanbia PLC

     10,173        168,130  

Kerry Group PLC, Class A

     1,476        123,736  

Kingspan Group PLC

     1,530        114,947  

Smurfit Kappa Group PLC

     8,548        285,624  
     

 

 

 
Total Ireland

 

     2,018,277  
Israel – 0.7%

 

Alony Hetz Properties & Investments Ltd.

     8,830        60,537  

Amot Investments Ltd.

     24,848        120,422  

Ashtrom Group Ltd.

     5,363        73,155  

Azrieli Group Ltd.

     2,473        126,930  

Bank Hapoalim BM

     36,831        327,870  

Bank Leumi Le-Israel BM

     87,449        723,803  

Bezeq The Israeli Telecommunication Corp. Ltd.

     122,486        172,774  

Delek Automotive Systems Ltd.

     10,091        62,290  

Elbit Systems Ltd.

     735        146,363  

FIBI Holdings Ltd.

     2,720        123,604  

First International Bank of Israel Ltd.

     3,052        131,155  

Gav-Yam Lands Corp. Ltd.

     20,895        132,824  

Harel Insurance Investments & Financial Services Ltd.

     10,329        81,720  

ICL Group Ltd.

     117,273        649,052  

Israel Discount Bank Ltd., Class A

     31,465        170,177  

Mehadrin Ltd.*

     0        3  

Mizrahi Tefahot Bank Ltd.

     12,683        460,079  

Oil Refineries Ltd.

     236,141        78,093  

Phoenix Holdings Ltd.

     12,287      127,873  

Plus500 Ltd.

     8,291        139,347  

Strauss Group Ltd.*

     5,224        109,873  
     

 

 

 
Total Israel

 

     4,017,944  
Italy – 2.5%

 

A2A SpA

     193,655        345,684  

ACEA SpA(a)

     13,294        145,114  

Amplifon SpA(a)

     2,352        70,024  

Anima Holding SpA(b)

     48,850        205,328  

Assicurazioni Generali SpA

     72,663        1,489,787  

Azimut Holding SpA

     8,104        177,437  

Banca Generali SpA

     4,920        174,555  

Banca Mediolanum SpA

     39,987        343,008  

Banca Popolare di Sondrio SpA

     23,569        121,674  

Banco BPM SpA

     77,045        369,926  

BPER Banca

     50,840        155,936  

Credito Emiliano SpA

     34,158        281,362  

Cromwell European Real Estate Investment Trust

     67,900        92,018  

De’ Longhi SpA

     6,119        133,587  

DiaSorin SpA(a)

     313        28,639  

Eni SpA(a)

     202,544        3,271,550  

ERG SpA

     8,541        206,537  

Ferrari NV

     1,489        440,941  

FinecoBank Banca Fineco SpA

     12,374        150,858  

Hera SpA

     64,590        177,116  

Infrastrutture Wireless Italiane SpA(b)

     29,858        356,111  

Iren SpA

     80,158        154,883  

Italgas SpA

     71,945        369,585  

Mediobanca Banca di Credito Finanziario SpA

     63,830        846,778  

Moncler SpA

     2,232        130,161  

Piaggio & C SpA

     42,238        135,321  

Poste Italiane SpA(b)

     67,691        714,385  

Recordati Industria Chimica e Farmaceutica SpA

     6,300        298,221  

Snam SpA

     215,832        1,016,651  

Terna – Rete Elettrica Nazionale

     93,894        708,596  

Unieuro SpA(a)(b)

     3,011        27,002  

Unipol Gruppo SpA

     26,622        144,369  

UnipolSai Assicurazioni SpA

     250,381        605,998  
     

 

 

 
Total Italy

 

     13,889,142  
Japan – 21.3%

 

77 Bank Ltd.(a)

     5,500        116,837  

ABC-Mart, Inc.

     4,200        75,655  

ADEKA Corp.

     7,600        130,202  

Advantest Corp.(a)

     13,600        381,046  

Aeon Co. Ltd.

     12,000        238,231  

Aeon Delight Co. Ltd.

     6,100        134,488  

Aeon Mall Co. Ltd.(a)

     8,700        102,610  

AGC, Inc.

     10,600        372,501  

Air Water, Inc.

     12,100        151,062  

Aisin Corp.(a)

     11,300        427,844  

Ajinomoto Co., Inc.

     7,600        293,559  

Amada Co. Ltd.(a)

     17,900        180,469  

Aozora Bank Ltd.(a)

     11,400        233,386  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

ARE Holdings, Inc.(a)

     6,000      $ 76,274  

Asahi Group Holdings Ltd.

     11,100        415,808  

Asahi Kasei Corp.

     38,790        244,320  

Astellas Pharma, Inc.

     39,700        551,769  

Azbil Corp.

     2,500        76,696  

Bandai Namco Holdings, Inc.

     16,200        330,242  

Benesse Holdings, Inc.(a)

     3,000        36,780  

Bridgestone Corp.

     17,700        691,394  

Brother Industries Ltd.

     6,100        98,454  

Canon Marketing Japan, Inc.

     4,200        109,120  

Canon, Inc.

     32,200        777,892  

Capcom Co. Ltd.

     4,200        151,563  

Casio Computer Co. Ltd.(a)

     12,800        107,521  

Central Japan Railway Co.

     4,500        109,616  

Chiba Bank Ltd.

     22,300        162,515  

Chubu Electric Power Co., Inc.

     27,000        345,043  

Chugai Pharmaceutical Co. Ltd.

     43,600        1,351,023  

Citizen Watch Co. Ltd.(a)

     18,100        111,590  

CKD Corp.

     6,100        84,249  

Concordia Financial Group Ltd.

     64,000        292,283  

Cosmo Energy Holdings Co. Ltd.

     6,700        236,167  

Dai Nippon Printing Co. Ltd.

     7,100        185,083  

Dai-ichi Life Holdings, Inc.

     30,633        635,754  

Daicel Corp.

     27,900        233,894  

Daido Steel Co. Ltd.(a)

     2,200        89,651  

Daiichi Sankyo Co. Ltd.

     10,100        277,907  

Daiichikosho Co. Ltd.

     11,200        182,195  

Daikin Industries Ltd.

     3,200        503,401  

Daishi Hokuetsu Financial Group, Inc.

     9,200        233,969  

Daito Trust Construction Co. Ltd.

     3,700        390,518  

Daiwa House Industry Co. Ltd.

     21,800        586,544  

Daiwa Securities Group, Inc.(a)

     82,700        478,327  

DCM Holdings Co. Ltd.

     11,100        90,303  

Denka Co. Ltd.(a)

     3,100        56,152  

Denso Corp.

     63,200        1,016,875  

Dentsu Group, Inc.

     7,000        206,400  

DIC Corp.

     4,400        71,606  

Disco Corp.

     3,000        554,465  

Doshisha Co. Ltd.(a)

     17,400        260,023  

Doutor Nichires Holdings Co. Ltd.

     9,900        154,579  

Dowa Holdings Co. Ltd.

     2,100        65,452  

East Japan Railway Co.

     3,000        171,989  

Ebara Corp.

     3,200        150,302  

EDION Corp.(a)

     12,000        118,854  

Eisai Co. Ltd.

     4,300        239,284  

Electric Power Development Co. Ltd.

     8,500        137,732  

ENEOS Holdings, Inc.

     171,900        679,536  

Exedy Corp.

     11,400        199,696  

FANUC Corp.

     21,200        553,068  

Fast Retailing Co. Ltd.

     2,400        524,148  

Fuji Electric Co. Ltd.

     5,300        239,597  

FUJIFILM Holdings Corp.

     8,000        464,158  

Fujitec Co. Ltd.(a)

     5,300        122,533  

Fujitsu Ltd.(a)

     3,100        365,622  

Fukuoka Financial Group, Inc.

     11,500      275,815  

Furukawa Battery Co. Ltd.

     6,400        41,816  

Furuya Metal Co. Ltd.

     300        20,767  

G-Tekt Corp.

     9,600        117,085  

Goldcrest Co. Ltd.(a)

     8,500        126,282  

GS Yuasa Corp.(a)

     4,400        78,520  

Gunze Ltd.

     5,200        157,159  

H.U. Group Holdings, Inc.(a)

     4,900        83,404  

Hachijuni Bank Ltd.(a)

     56,800        313,984  

Hakuhodo DY Holdings, Inc.(a)

     9,400        77,449  

Hamamatsu Photonics KK

     2,700        113,971  

Hankyu Hanshin Holdings, Inc.

     5,900        201,681  

Haseko Corp.(a)

     24,900        318,206  

Heiwa Corp.(a)

     8,600        123,619  

Hioki EE Corp.

     2,000        96,901  

Hirose Electric Co. Ltd.

     2,100        243,739  

Hisamitsu Pharmaceutical Co., Inc.

     4,300        156,958  

Hitachi Construction Machinery Co. Ltd.

     6,700        204,109  

Hitachi Ltd.

     16,000        994,471  

Honda Motor Co. Ltd.

     153,600        1,731,313  

Hoya Corp.

     3,100        318,362  

Hulic Co. Ltd.

     17,200        154,567  

Ichibanya Co. Ltd.

     3,700        135,132  

Idemitsu Kosan Co. Ltd.

     13,651        314,506  

IHI Corp.(a)

     5,100        107,144  

Iida Group Holdings Co. Ltd.

     7,200        119,972  

Iino Kaiun Kaisha Ltd.(a)

     14,800        104,039  

Information Services International-Dentsu Ltd.

     2,600        99,662  

INFRONEER Holdings, Inc.

     25,600        265,564  

Inpex Corp.

     50,400        761,953  

Isetan Mitsukoshi Holdings Ltd.(a)

     12,100        140,400  

Isuzu Motors Ltd.(a)

     29,100        366,712  

ITOCHU Corp.(a)

     44,500        1,612,109  

IwaiCosmo Holdings, Inc.(a)

     19,700        230,631  

Izumi Co. Ltd.

     4,600        122,040  

Japan Exchange Group, Inc.

     13,900        258,392  

Japan Metropolitan Fund Invest

     232        150,806  

Japan Post Holdings Co. Ltd.

     138,400        1,110,632  

Japan Post Insurance Co. Ltd.

     17,800        300,653  

Japan Tobacco, Inc.

     93,644        2,158,722  

Joshin Denki Co. Ltd.

     11,300        178,104  

JTEKT Corp.

     16,700        157,907  

K’s Holdings Corp.(a)

     11,100        102,055  

Kajima Corp.

     16,900        275,598  

Kaken Pharmaceutical Co. Ltd.

     5,800        136,036  

Kamigumi Co. Ltd.(a)

     8,400        173,376  

Kaneka Corp.(a)

     3,800        98,855  

Kansai Electric Power Co., Inc.

     33,756        469,949  

Kao Corp.

     10,200        379,428  

Kawasaki Kisen Kaisha Ltd.(a)

     21,900        749,054  

KDDI Corp.

     77,600        2,380,132  

Keyence Corp.

     1,100        409,114  

Kikkoman Corp.

     1,600        84,104  

Kirin Holdings Co. Ltd.

     30,800        431,995  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Kobe Steel Ltd.(a)

     24,500      $ 319,990  

Koei Tecmo Holdings Co. Ltd.

     7,600        108,251  

Komatsu Ltd.

     26,900        728,810  

Konami Group Corp.(a)

     2,800        147,989  

Kurabo Industries Ltd.

     6,000        98,107  

Kuraray Co. Ltd.

     15,400        182,767  

Kyowa Kirin Co. Ltd.

     9,600        167,522  

Kyudenko Corp.(a)

     4,800        150,731  

Kyushu Financial Group, Inc.(a)

     34,900        180,318  

Kyushu Railway Co.

     8,000        170,427  

Lawson, Inc.

     2,300        105,918  

Lintec Corp.

     4,500        72,148  

Macnica Holdings, Inc.

     3,800        179,018  

Marubeni Corp.

     101,000        1,578,368  

Maruichi Steel Tube Ltd.

     7,200        179,487  

Matsui Securities Co. Ltd.(a)

     21,800        119,938  

Mazda Motor Corp.

     18,500        210,322  

Medipal Holdings Corp.

     6,700        113,481  

MEIJI Holdings Co. Ltd.

     11,200        278,902  

Mitsubishi Chemical Group Corp.

     51,100        322,814  

Mitsubishi Corp.

     64,200        3,066,628  

Mitsubishi Electric Corp.

     40,800        505,540  

Mitsubishi Estate Co. Ltd.

     22,100        289,533  

Mitsubishi Gas Chemical Co., Inc.(a)

     11,800        159,139  

Mitsubishi Heavy Industries Ltd.

     7,400        413,874  

Mitsubishi Logistics Corp.

     3,700        98,485  

Mitsubishi Materials Corp.

     6,300        102,126  

Mitsubishi UFJ Financial Group, Inc.

     438,400        3,726,657  

Mitsuboshi Belting Ltd.(a)

     3,700        113,808  

Mitsui & Co. Ltd.

     70,100        2,547,511  

Mitsui Chemicals, Inc.

     11,800        306,575  

Mitsui Fudosan Co. Ltd.

     14,900        328,903  

Mitsui High-Tec, Inc.(a)

     500        26,001  

Mitsui Mining & Smelting Co. Ltd.(a)

     5,900        150,045  

Mitsui OSK Lines Ltd.(a)

     44,100        1,214,616  

MIXI, Inc.(a)

     5,000        79,444  

Mizuho Financial Group, Inc.(a)

     94,230        1,604,546  

Mizuho Medy Co. Ltd.(a)

     3,000        59,487  

Mizuno Corp.(a)

     3,800        120,704  

MS&AD Insurance Group Holdings, Inc.(a)

     22,430        825,953  

Murata Manufacturing Co. Ltd.

     34,200        626,589  

Musashi Seimitsu Industry Co. Ltd.

     6,200        67,516  

Nabtesco Corp.

     5,000        90,350  

NEC Corp.

     6,300        348,764  

NGK Insulators Ltd.(a)

     15,500        205,870  

NHK Spring Co. Ltd.

     17,500        134,160  

Nichirei Corp.(a)

     5,500        121,076  

Nikkon Holdings Co. Ltd.

     6,300        133,452  

Nikon Corp.

     9,000        95,081  

Nintendo Co. Ltd.

     33,400        1,394,418  

Nippon Denko Co. Ltd.(a)

     24,200        49,300  

Nippon Electric Glass Co. Ltd.

     9,500        177,363  

NIPPON EXPRESS HOLDINGS, Inc.

     3,900        203,932  

Nippon Gas Co. Ltd.

     7,900        117,315  

Nippon Kayaku Co. Ltd.

     18,400      154,068  

Nippon Light Metal Holdings Co. Ltd.

     2,700        30,451  

Nippon Shinyaku Co. Ltd.

     2,300        97,549  

Nippon Steel Corp.(a)

     56,900        1,336,468  

Nippon Telegraph & Telephone Corp.

     3,047,300        3,606,321  

Nippon Yusen KK(a)

     62,300        1,622,368  

Nishi-Nippon Financial Holdings, Inc.(a)

     14,000        160,241  

Nishimatsu Construction Co. Ltd.(a)

     5,600        139,151  

Nissan Chemical Corp.

     3,400        144,886  

Nissan Motor Co. Ltd.

     32,300        142,923  

Nisshinbo Holdings, Inc.

     24,700        184,060  

Nissin Foods Holdings Co. Ltd.

     3,100        258,117  

Niterra Co. Ltd.

     14,800        335,622  

Nitto Denko Corp.(a)

     5,600        368,067  

Noevir Holdings Co. Ltd.

     5,200        184,339  

NOF Corp.

     4,300        172,202  

Nomura Holdings, Inc.

     83,000        333,224  

Nomura Real Estate Holdings, Inc.

     10,800        271,619  

Nomura Research Institute Ltd.

     10,900        284,361  

Noritake Co. Ltd.

     3,400        141,719  

NTT Data Group Corp.

     13,300        178,655  

Obic Co. Ltd.

     1,600        243,230  

Oji Holdings Corp.

     24,600        103,692  

Okamura Corp.

     9,800        148,486  

Oki Electric Industry Co. Ltd.(a)

     19,200        129,437  

Olympus Corp.

     8,800        114,493  

Ono Pharmaceutical Co. Ltd.

     10,100        194,115  

Open House Group Co. Ltd.

     2,900        98,607  

Oracle Corp.

     3,400        252,907  

Osaka Gas Co. Ltd.

     10,400        171,585  

Otsuka Corp.

     5,000        212,163  

Otsuka Holdings Co. Ltd.

     10,900        388,083  

Panasonic Holdings Corp.

     51,100        575,977  

Penta-Ocean Construction Co. Ltd.

     18,400        109,642  

Pola Orbis Holdings, Inc.

     9,300        111,961  

Recruit Holdings Co. Ltd.

     9,200        284,153  

Resona Holdings, Inc.

     75,100        416,856  

Resonac Holdings Corp.(a)

     5,300        88,970  

Ricoh Co. Ltd.

     10,700        92,534  

Rohm Co. Ltd.

     4,800        90,612  

San-In Godo Bank Ltd.

     21,600        140,116  

Sankyo Co. Ltd.

     2,000        91,861  

Santen Pharmaceutical Co. Ltd.

     11,800        108,610  

Sanwa Holdings Corp.

     13,500        179,849  

SBI Holdings, Inc.(a)

     17,500        369,174  

SCREEN Holdings Co. Ltd.(a)

     3,400        165,893  

SCSK Corp.

     9,500        166,095  

Secom Co. Ltd.

     4,500        305,780  

Sega Sammy Holdings, Inc.

     11,100        205,226  

Seiko Epson Corp.(a)

     11,300        177,915  

Sekisui Chemical Co. Ltd.

     14,200        204,876  

Sekisui House Ltd.

     26,800        534,653  

Senko Group Holdings Co. Ltd.

     12,500        87,787  

Seria Co. Ltd.

     7,900        116,574  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Seven & I Holdings Co. Ltd.

     13,300      $ 521,839  

SG Holdings Co. Ltd.

     12,300        157,846  

Shibusawa Warehouse Co. Ltd.(a)

     10,400        212,216  

Shiga Bank Ltd.(a)

     5,400        126,654  

Shimamura Co. Ltd.

     1,900        188,058  

Shimano, Inc.

     800        108,105  

Shin-Etsu Chemical Co. Ltd.

     49,800        1,449,364  

Shionogi & Co. Ltd.

     7,000        313,634  

Shiseido Co. Ltd.

     4,100        144,245  

SMC Corp.

     900        403,967  

Sodick Co. Ltd.

     21,100        103,503  

SoftBank Corp.

     315,800        3,577,550  

Sojitz Corp.(a)

     16,100        353,666  

Sompo Holdings, Inc.(a)

     15,200        655,263  

Square Enix Holdings Co. Ltd.

     2,600        89,295  

St. Marc Holdings Co. Ltd.(a)

     13,800        175,060  

Stanley Electric Co. Ltd.

     5,700        90,241  

Starts Corp., Inc.(a)

     6,000        117,447  

Subaru Corp.

     15,400        299,899  

SUMCO Corp.

     8,200        107,099  

Sumitomo Bakelite Co. Ltd.

     2,800        122,395  

Sumitomo Chemical Co. Ltd.

     70,700        192,829  

Sumitomo Corp.(a)

     80,200        1,603,731  

Sumitomo Electric Industries Ltd.

     23,000        277,665  

Sumitomo Forestry Co. Ltd.

     12,700        323,915  

Sumitomo Heavy Industries Ltd.

     10,500        266,819  

Sumitomo Metal Mining Co. Ltd.

     13,900        409,758  

Sumitomo Mitsui Financial Group, Inc.

     54,300        2,673,427  

Sumitomo Mitsui Trust Holdings, Inc.

     13,107        494,592  

Sumitomo Realty & Development Co. Ltd.

     8,300        216,142  

Sumitomo Rubber Industries Ltd.

     6,700        74,128  

Sun Frontier Fudousan Co. Ltd.

     18,500        186,705  

Sundrug Co. Ltd.

     4,800        130,434  

Suntory Beverage & Food Ltd.

     6,000        182,945  

Suzuki Motor Corp.

     9,200        370,898  

T&D Holdings, Inc.

     22,100        365,507  

Taiheiyo Cement Corp.

     5,400        95,895  

Taisei Corp.

     7,100        250,314  

Taiyo Yuden Co. Ltd.(a)

     3,100        84,114  

Takara Holdings, Inc.

     18,700        150,502  

Takara Standard Co. Ltd.(a)

     13,300        165,153  

Takashimaya Co. Ltd.

     15,800        231,666  

Takeda Pharmaceutical Co. Ltd.(a)

     55,100        1,713,648  

TDK Corp.

     6,400        237,687  

Teijin Ltd.

     6,600        64,264  

Terumo Corp.

     7,300        193,868  

TIS, Inc.

     5,400        119,164  

Tocalo Co. Ltd.

     14,800        135,082  

Toda Corp.

     17,800        96,571  

Toho Co. Ltd.

     1,900        64,961  

Tokio Marine Holdings, Inc.

     81,300        1,887,784  

Tokuyama Corp.

     9,900        155,906  

Tokyo Electron Ltd.

     14,400        1,972,431  

Tokyo Gas Co. Ltd.

     15,100        343,134  

Tokyo Ohka Kogyo Co. Ltd.

     1,200      71,538  

Tokyo Seimitsu Co. Ltd.

     2,800        140,539  

Tokyo Steel Manufacturing Co. Ltd.(a)

     4,300        48,554  

Tokyo Tatemono Co. Ltd.

     6,200        85,921  

Tokyu Corp.(a)

     8,400        97,045  

Tokyu Fudosan Holdings Corp.

     18,800        115,780  

Toray Industries, Inc.

     24,900        129,819  

Tosoh Corp.

     17,400        223,643  

TOTO Ltd.

     4,000        103,548  

Toyo Seikan Group Holdings Ltd.

     14,200        232,900  

Toyo Suisan Kaisha Ltd.

     2,400        94,327  

Toyo Tire Corp.

     7,000        107,985  

Toyoda Gosei Co. Ltd.

     8,800        189,416  

Toyota Boshoku Corp.

     10,400        189,984  

Toyota Motor Corp.

     346,350        6,214,456  

Toyota Tsusho Corp.

     11,400        671,891  

TPR Co. Ltd.

     12,600        154,096  

Transcosmos, Inc.(a)

     4,000        85,642  

Trend Micro, Inc.

     5,200        197,511  

Tsumura & Co.

     5,400        100,600  

Tsuruha Holdings, Inc.

     900        60,583  

UBE Corp.

     7,400        125,040  

Ulvac, Inc.

     900        32,538  

Unicharm Corp.

     4,700        166,646  

USS Co. Ltd.

     13,700        226,994  

V Technology Co. Ltd.(a)

     6,600        91,907  

Wacoal Holdings Corp.

     5,900        133,637  

Wacom Co. Ltd.

     12,000        47,686  

West Japan Railway Co.

     3,000        124,342  

Wowow, Inc.

     13,200        100,487  

Yakult Honsha Co. Ltd.

     7,400        180,159  

Yamada Holdings Co. Ltd.

     25,500        78,521  

Yamaguchi Financial Group, Inc.

     22,400        196,718  

Yamaha Motor Co. Ltd.

     12,800        337,187  

Yamato Holdings Co. Ltd.

     7,300        119,119  

Yaskawa Electric Corp.(a)

     3,800        137,383  

Yokogawa Electric Corp.

     10,600        205,181  

Yokohama Rubber Co. Ltd.

     7,100        148,066  

Yondoshi Holdings, Inc.

     12,600        159,247  

ZOZO, Inc.(a)

     5,500        101,081  
     

 

 

 
Total Japan

 

     118,597,874  
Netherlands – 2.0%

 

Aalberts NV

     4,190        153,846  

Aegon NV(a)

     76,877        372,945  

ASM International NV(a)

     476        200,326  

ASML Holding NV

     2,880        1,704,808  

ASR Nederland NV

     10,828        407,206  

BE Semiconductor Industries NV

     4,570        449,979  

CTP NV(a)(b)

     11,973        171,639  

Euronext NV(b)

     2,842        198,592  

Ferrovial SE(a)

     16,494        505,904  

Heineken Holding NV

     4,492        339,572  

Heineken NV

     9,358        826,904  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

JDE Peet’s NV

     7,888      $ 220,644  

Koninklijke Ahold Delhaize NV

     27,066        817,273  

Koninklijke Heijmans NV

     8,154        92,374  

Koninklijke KPN NV

     233,232        770,188  

Koninklijke Vopak NV

     6,575        225,685  

NN Group NV

     15,306        493,287  

OCI NV*

     23,756        663,752  

Randstad NV

     12,272        680,572  

RHI Magnesita NV

     3,763        127,775  

SBM Offshore NV(a)

     13,027        171,439  

Signify NV(b)

     4,661        125,888  

Universal Music Group NV(a)

     25,201        659,835  

Wolters Kluwer NV(a)

     5,084        617,125  
     

 

 

 
Total Netherlands

 

     10,997,558  
Norway – 2.0%

 

AF Gruppen ASA

     15,484        181,311  

Aker ASA, Class A

     3,127        193,806  

Aker BP ASA

     29,387        817,468  

Atea ASA*

     7,325        91,968  

Austevoll Seafood ASA

     14,322        101,282  

DNB Bank ASA

     86,649        1,755,642  

Entra ASA(b)

     7,735        66,585  

Equinor ASA

     79,110        2,610,645  

Gjensidige Forsikring ASA

     25,756        381,226  

Kid ASA(b)

     13,313        110,474  

Leroy Seafood Group ASA

     29,226        123,267  

Mowi ASA

     15,649        278,762  

MPC Container Ships ASA

     67,249        110,187  

Norsk Hydro ASA

     72,190        455,900  

Orkla ASA

     34,460        259,012  

Salmar ASA

     5,823        297,365  

Selvaag Bolig ASA

     26,593        70,976  

SpareBank 1 Nord Norge

     21,747        195,585  

SpareBank 1 SR-Bank ASA

     12,194        140,609  

Storebrand ASA

     16,651        136,390  

Telenor ASA

     160,724        1,835,189  

Veidekke ASA

     12,904        118,358  

Wallenius Wilhelmsen ASA

     11,160        88,728  

Yara International ASA

     12,878        490,511  
     

 

 

 
Total Norway

 

     10,911,246  
Portugal – 0.4%

 

EDP – Energias de Portugal SA

     137,499        572,991  

Galp Energia SGPS SA

     30,308        450,524  

Jeronimo Martins SGPS SA

     22,533        507,196  

Navigator Co. SA

     48,049        181,511  

NOS SGPS SA

     27,012        99,582  

REN – Redes Energeticas Nacionais SGPS SA

     68,524        175,570  

Sonae SGPS SA

     76,779        74,787  
     

 

 

 
Total Portugal

 

     2,062,161  
Singapore – 2.6%

 

Bukit Sembawang Estates Ltd.

     87,100        246,323  

CapitaLand Ascendas REIT

     213,200        429,555  

CapitaLand Ascott Trust

     172,474      121,309  

CapitaLand Integrated Commercial Trust

     363,900        493,234  

CapitaLand Investment Ltd.

     216,800        492,402  

City Developments Ltd.

     26,900        130,273  

ComfortDelGro Corp. Ltd.

     83,100        79,149  

DBS Group Holdings Ltd.

     115,976        2,858,402  

Frasers Centrepoint Trust

     41,700        66,908  

Frasers Logistics & Commercial Trust

     290,900        228,048  

Genting Singapore Ltd.

     351,500        217,611  

Jardine Cycle & Carriage Ltd.

     20,355        476,178  

Jiutian Chemical Group Ltd.

     1,066,200        24,997  

Kenon Holdings Ltd.

     4,689        108,388  

Keppel Corp. Ltd.

     69,500        346,252  

Keppel DC REIT

     88,600        135,019  

Keppel Infrastructure Trust

     406,320        138,427  

Keppel REIT(a)

     206,700        129,481  

Mapletree Industrial Trust

     146,900        243,237  

Mapletree Logistics Trust

     153,400        188,814  

Mapletree Pan Asia Commercial Trust

     168,800        176,851  

Netlink NBN Trust

     382,000        235,094  

Olam Group Ltd.

     250,100        192,399  

OUE Commercial Real Estate Investment Trust

     359,000        61,810  

Oversea-Chinese Banking Corp. Ltd.

     216,395        2,030,933  

Raffles Medical Group Ltd.

     131,500        120,430  

Sembcorp Industries Ltd.

     81,300        303,185  

Sheng Siong Group Ltd.

     181,900        202,570  

Singapore Exchange Ltd.

     54,800        391,457  

Singapore Post Ltd.

     316,700        112,535  

Singapore Technologies Engineering Ltd.

     147,162        421,572  

Singapore Telecommunications Ltd.

     664,300        1,177,820  

Suntec Real Estate Investment Trust

     160,000        135,981  

United Overseas Bank Ltd.

     85,301        1,781,140  

Venture Corp. Ltd.

     10,800        97,880  

Wing Tai Holdings Ltd.

     115,200        118,163  
     

 

 

 
Total Singapore

 

     14,713,827  
Spain – 3.9%

 

Acciona SA(a)

     1,623        207,405  

Acerinox SA

     15,775        153,055  

ACS Actividades de Construccion y Servicios SA

     26,985        973,392  

Atresmedia Corp. de Medios de Comunicacion SA

     32,541        126,097  

Banco Bilbao Vizcaya Argentaria SA

     261,534        2,134,892  

Banco de Sabadell SA

     159,449        185,783  

Banco Santander SA

     477,973        1,831,156  

Bankinter SA(a)

     37,671        241,060  

CaixaBank SA

     235,516        944,049  

Cia de Distribucion Integral Logista Holdings SA

     9,486        243,048  

CIE Automotive SA

     5,419        147,106  

EDP Renovaveis SA(a)

     6,202        101,877  

Enagas SA

     17,874        296,730  

Endesa SA

     103,424        2,110,616  

Faes Farma SA

     44,921        152,192  

Fluidra SA(a)

     11,707        240,087  

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Fomento de Construcciones y Contratas SA(a)

     15,833      $ 199,817  

Grupo Catalana Occidente SA(a)

     7,745        250,101  

Iberdrola SA

     212,512        2,383,844  

Industria de Diseno Textil SA

     85,502        3,194,636  

Inmobiliaria Colonial Socimi SA(a)

     22,803        129,888  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     85,713        79,405  

Mapfre SA(a)

     207,836        424,690  

Merlin Properties Socimi SA

     51,790        437,839  

Naturgy Energy Group SA(a)

     52,039        1,419,281  

Redeia Corp. SA

     23,330        367,916  

Repsol SA

     59,130        974,743  

Sacyr SA(a)

     43,767        128,913  

Telefonica SA(a)

     367,486        1,504,945  

Unicaja Banco SA(b)

     115,607        124,724  

Viscofan SA(a)

     2,528        154,703  
     

 

 

 
Total Spain

 

     21,863,990  
Sweden – 2.3%

 

AFRY AB

     7,597        89,786  

Alfa Laval AB

     6,947        240,301  

Assa Abloy AB, Class B

     15,171        332,628  

Atlas Copco AB, Class A

     41,137        557,558  

Atlas Copco AB, Class B

     24,837        293,082  

Avanza Bank Holding AB(a)

     5,764        100,486  

Axfood AB

     8,904        205,221  

Billerud Aktiebolag

     10,759        100,369  

Boliden AB

     8,693        251,608  

Dometic Group AB(b)

     13,372        85,247  

Epiroc AB, Class A

     19,541        374,121  

EQT AB(a)

     10,383        207,293  

Essity AB, Class B

     15,473        335,973  

Evolution AB(b)

     2,794        284,538  

Fabege AB(a)

     13,450        108,103  

Hexagon AB, Class B

     18,974        163,085  

Hexpol AB

     18,978        169,705  

Husqvarna AB, Class B(a)

     27,364        210,919  

Industrivarden AB, Class A

     5,454        144,982  

Industrivarden AB, Class C(a)

     3,998        106,204  

Investment AB Latour, Class B(a)

     8,629        153,094  

JM AB

     7,439        101,545  

Lifco AB, Class B

     8,827        155,957  

Lindab International AB

     3,658        53,872  

Loomis AB

     4,761        129,102  

NCC AB, Class B

     10,511        114,551  

Nibe Industrier AB, Class B

     8,815        58,257  

Nordnet AB publ

     11,897        158,127  

Saab AB, Class B

     2,355        120,696  

Samhallsbyggnadsbolaget i Norden AB, Class D(a)

     3,909        1,550  

Sandvik AB

     23,612        438,153  

Securitas AB, Class B(a)

     15,264        121,756  

Skandinaviska Enskilda Banken AB, Class A

     73,301        881,499  

SKF AB, Class B

     13,636        228,622  

SSAB AB, Class A

     37,602        213,549  

SSAB AB, Class B

     73,514      406,674  

Svenska Cellulosa AB SCA, Class B

     12,825        177,013  

Svenska Handelsbanken AB, Class A

     66,739        599,313  

Swedbank AB, Class A

     69,659        1,290,694  

Tele2 AB, Class B

     36,444        280,705  

Telefonaktiebolaget LM Ericsson, Class B(a)

     91,184        447,603  

Telia Co. AB

     281,373        584,543  

Thule Group AB(a)(b)

     9,030        238,463  

Trelleborg AB, Class B

     7,530        188,662  

Volvo AB, Class A

     12,828        268,505  

Volvo AB, Class B

     37,382        776,254  

Wihlborgs Fastigheter AB

     20,098        141,427  
     

 

 

 
Total Sweden

 

     12,691,395  
Switzerland – 9.3%

 

ABB Ltd., Registered Shares

     45,053        1,615,368  

Baloise Holding AG, Registered Shares

     2,900        421,305  

Banque Cantonale Vaudoise, Registered Shares(a)

     4,387        460,616  

BKW AG

     1,531        270,285  

Cembra Money Bank AG

     1,271        86,558  

Cie Financiere Richemont SA, Class A, Registered Shares

     8,800        1,077,394  

Clariant AG, Registered Shares

     4,459        70,677  

Coca-Cola HBC AG

     8,830        242,385  

DKSH Holding AG

     2,372        160,890  

DSM-Firmenich AG

     3,121        264,778  

EFG International AG*

     17,989        204,510  

Galenica AG(b)

     2,182        161,599  

Geberit AG, Registered Shares

     888        445,553  

Givaudan SA, Registered Shares

     143        468,017  

Helvetia Holding AG, Registered Shares

     3,352        470,482  

Holcim AG, Registered Shares*

     23,177        1,489,226  

Julius Baer Group Ltd.

     9,236        594,262  

Kuehne & Nagel International AG, Registered Shares

     3,922        1,118,979  

Logitech International SA, Registered Shares

     2,998        207,382  

Lonza Group AG, Registered Shares

     513        238,667  

Nestle SA, Registered Shares

     78,144        8,861,673  

Novartis AG, Registered Shares

     106,669        10,945,583  

OC Oerlikon Corp. AG, Registered Shares(a)

     17,614        74,938  

Partners Group Holding AG

     758        857,183  

PSP Swiss Property AG, Registered Shares

     1,799        212,781  

Roche Holding AG

     20,843        5,706,307  

Roche Holding AG, Bearer Shares(a)

     3,702        1,090,204  

Schindler Holding AG, Participation Certificate

     1,182        236,452  

Schindler Holding AG, Registered Shares

     730        141,084  

SFS Group AG

     1,808        198,034  

SGS SA, Registered Shares

     7,648        643,910  

SIG Group AG(a)

     6,778        167,746  

Sika AG, Registered Shares

     1,619        412,537  

Sonova Holding AG, Registered Shares

     852        202,755  

Stadler Rail AG(a)

     3,102        121,259  

STMicroelectronics NV

     6,772        293,856  

Straumann Holding AG, Registered Shares(a)

     1,080        138,365  

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Sulzer AG, Registered Shares

     2,482      $ 237,809  

Swatch Group AG, Bearer Shares

     1,237        318,310  

Swiss Life Holding AG, Registered Shares

     1,426        891,016  

Swiss Prime Site AG, Registered Shares

     3,748        343,949  

Swiss Re AG

     17,376        1,791,544  

Swisscom AG, Registered Shares

     2,805        1,668,650  

UBS Group AG, Registered Shares

     79,290        1,966,649  

VAT Group AG(b)

     690        248,153  

Vontobel Holding AG, Registered Shares

     3,443        205,496  

Zurich Insurance Group AG

     8,046        3,694,933  
     

 

 

 
Total Switzerland

 

     51,740,109  
United Kingdom – 12.5%

 

Airtel Africa PLC(b)

     184,764        283,245  

Anglo American PLC

     78,531        2,171,504  

Ashmore Group PLC

     56,038        128,450  

Ashtead Group PLC

     6,626        404,530  

Associated British Foods PLC

     13,375        337,598  

Assura PLC

     198,017        102,186  

AstraZeneca PLC

     29,456        3,991,448  

Aviva PLC

     140,973        670,708  

BAE Systems PLC

     78,318        953,807  

Balfour Beatty PLC

     21,658        84,855  

Barclays PLC

     486,640        944,053  

Beazley PLC

     11,490        77,624  

Bellway PLC

     7,245        201,971  

Big Yellow Group PLC

     11,213        128,443  

BP PLC

     645,704        4,188,037  

British American Tobacco PLC

     112,613        3,542,080  

British Land Co. PLC

     42,753        165,365  

Britvic PLC

     15,514        165,119  

BT Group PLC(a)

     461,932        657,967  

Bunzl PLC

     8,179        292,099  

Burberry Group PLC

     7,097        165,319  

Central Asia Metals PLC

     49,313        113,155  

Clarkson PLC

     2,257        75,343  

Close Brothers Group PLC

     7,164        77,472  

CNH Industrial NV

     19,055        232,814  

Compass Group PLC

     14,782        360,843  

Computacenter PLC

     3,976        122,779  

ConvaTec Group PLC(b)

     50,627        134,585  

Cranswick PLC

     2,811        121,868  

Croda International PLC

     2,282        136,897  

DCC PLC

     2,358        132,650  

Derwent London PLC

     3,272        76,957  

Diageo PLC

     53,408        1,977,777  

Diversified Energy Co. PLC

     109,610        107,897  

Drax Group PLC

     18,645        99,858  

DS Smith PLC

     53,356        186,970  

Dunelm Group PLC

     8,737        111,971  

Fresnillo PLC

     15,999        107,636  

Games Workshop Group PLC

     1,326        171,070  

Genus PLC

     1,755        44,898  

Harbour Energy PLC

     35,128        110,576  

Hargreaves Lansdown PLC

     17,403      164,237  

Howden Joinery Group PLC

     19,225        172,797  

HSBC Holdings PLC

     1,159,215        9,124,558  

IMI PLC

     9,216        176,378  

Imperial Brands PLC

     74,593        1,517,711  

Inchcape PLC

     12,662        117,223  

InterContinental Hotels Group PLC

     3,711        275,119  

Intertek Group PLC

     3,446        172,951  

Investec PLC

     27,726        163,012  

ITV PLC

     215,676        185,902  

J Sainsbury PLC

     111,014        342,539  

Kingfisher PLC

     90,576        246,864  

Land Securities Group PLC

     33,072        238,079  

Legal & General Group PLC

     345,653        938,698  

Liontrust Asset Management PLC

     8,924        66,116  

Lloyds Banking Group PLC

     2,456,212        1,330,181  

London Stock Exchange Group PLC

     4,980        500,490  

LondonMetric Property PLC

     77,008        161,666  

Mondi PLC

     14,706        246,356  

Morgan Sindall Group PLC

     4,831        121,173  

National Grid PLC

     211,397        2,528,601  

Next PLC

     3,427        305,179  

OSB Group PLC

     38,551        154,053  

Pagegroup PLC

     25,594        130,953  

Pan African Resources PLC

     117,558        20,633  

Pearson PLC

     16,357        173,372  

Prudential PLC

     40,292        437,098  

QinetiQ Group PLC

     29,300        114,010  

Quilter PLC(b)

     92,102        96,396  

Reckitt Benckiser Group PLC

     23,262        1,645,057  

Redde Northgate PLC

     24,112        99,473  

Redrow PLC

     19,625        118,521  

RELX PLC

     48,301        1,635,967  

Rentokil Initial PLC

     23,116        172,163  

Rightmove PLC

     7,739        53,105  

RS Group PLC

     9,869        88,583  

RWS Holdings PLC

     13,141        38,462  

Safestore Holdings PLC

     7,793        70,006  

Sage Group PLC

     28,461        343,560  

Savills PLC

     8,793        92,888  

Schroders PLC

     60,762        301,992  

Segro PLC

     27,533        241,757  

Serco Group PLC

     57,940        105,371  

Severn Trent PLC

     9,237        266,635  

Shell PLC

     314,446        10,001,749  

Smith & Nephew PLC

     21,075        263,147  

Smiths Group PLC

     14,532        287,251  

Spectris PLC

     3,822        158,328  

Spirax-Sarco Engineering PLC

     634        73,715  

Spirent Communications PLC

     28,352        47,755  

SSE PLC

     44,065        865,915  

St. James’s Place PLC

     17,876        181,574  

Standard Chartered PLC

     48,455        448,294  

Tate & Lyle PLC

     15,706        131,410  

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (concluded)

WisdomTree International Equity Fund (DWM)

September 30, 2023

 

 

 

Investments    Shares      Value  

TBC Bank Group PLC

     5,321      $ 193,862  

Telecom Plus PLC

     3,250        59,105  

Tesco PLC

     261,223        842,364  

TP ICAP Group PLC

     29,592        61,438  

Travis Perkins PLC

     24,302        250,464  

Tritax Big Box REIT PLC

     107,494        183,420  

Unilever PLC

     72,620        3,600,407  

Unite Group PLC

     15,141        165,861  

United Utilities Group PLC

     26,229        303,555  

Vesuvius PLC

     20,485        108,563  

Victrex PLC

     3,727        63,913  

Vodafone Group PLC

     1,677,900        1,573,243  

Weir Group PLC

     5,350        124,167  

Wincanton PLC

     10,639        35,580  

Workspace Group PLC

     20,585        123,263  
     

 

 

 
Total United Kingdom

 

     69,804,652  
United States – 1.2%

 

GSK PLC

     190,976        3,477,788  

Stellantis NV

     170,629        3,289,699  
     

 

 

 
Total United States

 

     6,767,487  
TOTAL COMMON STOCKS
(Cost: $489,437,806)

 

     552,586,753  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.4%

 

United States – 5.4%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $29,986,152)      29,986,152      29,986,152  
TOTAL INVESTMENTS IN SECURITIES – 104.6%
(Cost: $519,423,958)

 

     582,572,905  

Other Assets less Liabilities – (4.6)%

 

     (25,512,464
     

 

 

 
NET ASSETS – 100.0%

 

   $ 557,060,441  

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $211,041, which represents 0.04% of net assets.

 

* 

Non-income producing security.

 

 

Share amount represents a fractional share.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $41,617,322 and the total market value of the collateral held by the Fund was $43,786,069. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $13,799,917.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

           

France

   $ 61,899,019      $      $ 211,041 *     $ 62,110,060  

Other

     490,476,693                      490,476,693  

Investment of Cash Collateral for Securities Loaned

            29,986,152               29,986,152  

Total Investments in Securities

   $ 552,375,712      $ 29,986,152      $ 211,041      $ 582,572,905  

 

* 

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%

 

Australia – 17.1%

 

Abacus Group

     88,365      $ 59,597  

Accent Group Ltd.

     25,574        32,351  

Ampol Ltd.

     18,955        413,494  

ANZ Group Holdings Ltd.

     183,962        3,046,587  

APA Group

     89,299        478,359  

Aurizon Holdings Ltd.(a)

     113,144        254,851  

Australian Clinical Labs Ltd.(a)

     34,095        62,714  

Bank of Queensland Ltd.(a)

     31,073        115,113  

Bendigo & Adelaide Bank Ltd.(a)

     34,510        198,896  

BHP Group Ltd.

     692,143        19,766,874  

BWP Trust(a)

     34,049        73,617  

Centuria Capital Group(a)

     67,678        59,404  

Centuria Industrial REIT(a)

     35,965        69,868  

Champion Iron Ltd.(a)

     22,496        91,469  

Charter Hall Long Wale REIT

     70,037        145,550  

Codan Ltd.

     11,153        56,865  

Commonwealth Bank of Australia

     72,998        4,709,877  

Cromwell Property Group(a)

     305,144        72,868  

CSR Ltd.

     47,006        171,408  

Dalrymple Bay Infrastructure Ltd.

     27,582        49,844  

Deterra Royalties Ltd.

     54,141        167,375  

Dexus(a)

     105,651        497,766  

Dicker Data Ltd.(a)

     7,702        48,068  

Downer EDI Ltd.(a)

     33,896        90,131  

Eagers Automotive Ltd.(a)

     14,163        127,331  

First Resources Ltd.

     114,300        128,126  

GPT Group(a)

     152,007        382,611  

Growthpoint Properties Australia Ltd.(a)

     83,984        119,789  

GUD Holdings Ltd.

     7,282        55,317  

Harvey Norman Holdings Ltd.(a)

     92,939        232,133  

Helia Group Ltd.

     39,471        88,906  

HomeCo Daily Needs REIT

     131,134        97,752  

Incitec Pivot Ltd.

     136,727        277,085  

Insignia Financial Ltd.(a)

     38,298        59,816  

IRESS Ltd.(a)

     6,833        25,666  

JB Hi-Fi Ltd.(a)

     11,988        351,417  

McMillan Shakespeare Ltd.

     8,261        85,893  

Metcash Ltd.

     74,198        181,014  

Mirvac Group(a)

     193,269        265,687  

Myer Holdings Ltd.(a)

     78,652        28,934  

National Australia Bank Ltd.

     152,954        2,869,688  

New Hope Corp. Ltd.

     85,229        349,293  

Nick Scali Ltd.(a)

     5,282        37,772  

Nine Entertainment Co. Holdings Ltd.(a)

     108,067        142,980  

NRW Holdings Ltd.

     43,916        76,811  

Origin Energy Ltd.

     89,790        508,805  

Orora Ltd.(a)

     83,086        147,465  

Perpetual Ltd.(a)

     3,377        45,661  

Premier Investments Ltd.

     6,762        109,105  

Region RE Ltd.(a)

     56,465        73,614  

Rio Tinto Ltd.

     41,793        3,062,807  

Rio Tinto PLC

     130,717        8,254,941  

Scentre Group

     282,623      448,716  

Sims Ltd.

     21,140        184,600  

SmartGroup Corp. Ltd.(a)

     22,125        118,234  

South32 Ltd.

     672,688        1,471,778  

Stockland

     264,536        669,267  

Super Retail Group Ltd.

     19,374        149,923  

Telstra Group Ltd.

     767,166        1,906,246  

Terracom Ltd.(a)

     73,532        21,119  

Vicinity Ltd.

     317,158        346,956  

Viva Energy Group Ltd.(b)

     122,451        237,090  

Waypoint REIT Ltd.

     60,830        88,334  

Wesfarmers Ltd.

     47,439        1,618,421  

Westpac Banking Corp.

     130,716        1,784,300  

Whitehaven Coal Ltd.

     64,235        294,761  

Woodside Energy Group Ltd.

     174,309        4,105,089  
     

 

 

 
Total Australia

 

     62,364,199  
Austria – 0.7%

 

BAWAG Group AG*(b)

     6,591        303,273  

Erste Group Bank AG

     19,527        678,528  

Oesterreichische Post AG

     5,678        186,660  

OMV AG

     16,918        811,769  

Semperit AG Holding

     2,444        44,144  

Telekom Austria AG

     47,750        333,665  

Voestalpine AG

     9,805        268,246  
     

 

 

 
Total Austria

 

     2,626,285  
Belgium – 1.1%

 

Aedifica SA

     1,425        81,244  

Ageas SA

     13,991        578,150  

Bekaert SA

     2,976        133,722  

bpost SA

     17,188        94,356  

Cofinimmo SA

     2,913        200,161  

Etablissements Franz Colruyt NV

     5,888        255,341  

Intervest Offices & Warehouses NV

     2,672        38,757  

KBC Group NV

     22,761        1,425,168  

Proximus SADP

     40,257        328,105  

Solvay SA

     4,618        512,644  

VGP NV(a)

     2,081        193,777  
     

 

 

 
Total Belgium

 

     3,841,425  
China – 0.7%

 

BOC Hong Kong Holdings Ltd.

     494,547        1,354,473  

CITIC Telecom International Holdings Ltd.

     723,000        286,177  

Wilmar International Ltd.

     271,200        741,136  

Yanlord Land Group Ltd.*

     215,600        104,254  
     

 

 

 
Total China

 

     2,486,040  
Denmark – 0.7%

 

AP Moller – Maersk AS, Class B

     781        1,412,147  

D/S Norden AS

     4,887        272,687  

Pandora AS

     3,752        389,733  

Scandinavian Tobacco Group AS(b)

     7,710        117,677  

Sydbank AS

     3,190        152,272  

Topdanmark AS

     6,114        266,324  
     

 

 

 
Total Denmark

 

     2,610,840  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  
Finland – 1.6%

 

Anora Group Oyj(a)

     4,570      $ 21,725  

Citycon Oyj*(a)

     9,446        53,055  

Elisa Oyj

     13,071        607,390  

Fiskars Oyj Abp(a)

     3,137        57,923  

Fortum Oyj(a)

     65,008        756,755  

Kemira Oyj

     10,246        159,899  

Kesko Oyj, Class A(a)

     4,867        89,146  

Konecranes Oyj

     4,480        149,221  

Metsa Board Oyj, Class B(a)

     15,183        122,250  

Nordea Bank Abp

     186,767        2,064,989  

Sampo Oyj, Class A

     25,424        1,103,086  

Sanoma Oyj(a)

     8,974        66,128  

TietoEVRY Oyj

     7,553        170,331  

Tokmanni Group Corp.(a)

     4,137        57,598  

Uponor Oyj

     3,493        105,177  

Valmet Oyj(a)

     8,329        191,005  
     

 

 

 
Total Finland

 

     5,775,678  
France – 11.0%

 

ALD SA(b)

     42,193        327,668  

AXA SA

     150,459        4,489,031  

BNP Paribas SA

     65,521        4,192,051  

Bouygues SA

     23,649        829,772  

Chargeurs SA(a)

     87        743  

Cie Generale des Etablissements Michelin SCA

     27,986        861,349  

Coface SA

     16,099        205,902  

Derichebourg SA

     11,287        57,122  

Engie SA

     223,988        3,445,750  

Fnac Darty SA(a)

     1,855        45,564  

Gecina SA

     4,166        426,740  

Imerys SA

     3,264        96,761  

Jacquet Metals SACA

     4,254        72,513  

Klepierre SA

     21,899        538,601  

Maisons du Monde SA(a)(b)

     3,328        25,669  

Metropole Television SA

     17,590        223,109  

Orange SA

     280,564        3,225,932  

Publicis Groupe SA

     10,219        776,398  

Rexel SA

     19,235        433,776  

Rothschild & Co.

     5,467        223,424  

Rubis SCA

     7,759        174,483  

Sanofi

     47,940        5,150,767  

Societe Generale SA

     42,318        1,032,513  

Television Francaise 1 SA(a)

     13,268        101,774  

TotalEnergies SE

     184,576        12,176,611  

Veolia Environnement SA

     25,999        755,050  

Verallia SA(b)

     4,569        180,339  

Vicat SACA

     3,201        98,113  
     

 

 

 
Total France

 

     40,167,525  
Georgia – 0.0%

 

Bank of Georgia Group PLC

     3,462        155,923  
Germany – 9.5%

 

Allianz SE, Registered Shares

     17,365        4,149,538  

BASF SE

     61,900        2,814,798  

Bayer AG, Registered Shares

     37,213      1,790,697  

Bayerische Motoren Werke AG

     41,385        4,223,022  

Dermapharm Holding SE

     2,756        114,149  

Deutsche Post AG, Registered Shares

     57,200        2,333,699  

Deutz AG

     14,644        64,808  

DWS Group GmbH & Co. KGaA(b)

     16,623        566,707  

E.ON SE

     146,136        1,732,881  

Evonik Industries AG

     27,423        503,016  

Fielmann Group AG

     3,784        163,778  

Freenet AG

     13,381        314,227  

Hamburger Hafen und Logistik AG

     4,860        86,548  

Hapag-Lloyd AG(a)(b)

     17,524        3,194,919  

Heidelberg Materials AG

     9,424        733,558  

Indus Holding AG

     1,968        41,881  

Instone Real Estate Group SE(b)

     4,529        28,147  

Kloeckner & Co. SE

     12,198        88,271  

Mercedes-Benz Group AG

     86,348        6,023,726  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

     4,132        1,614,722  

Siltronic AG

     1,556        133,358  

Sixt SE

     1,137        105,693  

Stroeer SE & Co. KGaA

     2,354        104,926  

Talanx AG

     11,147        708,113  

Telefonica Deutschland Holding AG

     230,854        414,286  

Varta AG*(a)

     3,322        63,221  

Volkswagen AG

     12,825        1,693,235  

Wacker Chemie AG

     3,291        472,652  

Wacker Neuson SE

     4,542        92,811  
     

 

 

 
Total Germany

 

     34,371,387  
Hong Kong – 3.2%

 

Bank of East Asia Ltd.

     119,400        148,186  

Champion REIT

     512,000        168,665  

CLP Holdings Ltd.

     143,000        1,058,096  

Dah Sing Banking Group Ltd.

     135,200        89,422  

Dah Sing Financial Holdings Ltd.

     26,000        54,975  

Fortune Real Estate Investment Trust

     214,000        128,424  

Hang Lung Group Ltd.

     122,000        171,975  

Hang Lung Properties Ltd.

     292,000        399,681  

Henderson Land Development Co. Ltd.

     396,220        1,044,701  

Hong Kong & China Gas Co. Ltd.

     979,000        682,513  

Hutchison Port Holdings Trust

     1,102,123        189,565  

Hysan Development Co. Ltd.

     69,000        133,738  

Link REIT

     200,950        985,269  

New World Development Co. Ltd.

     279,000        542,906  

PCCW Ltd.

     1,417,000        645,912  

Power Assets Holdings Ltd.

     235,518        1,139,722  

Sino Land Co. Ltd.

     655,568        739,119  

Sun Hung Kai Properties Ltd.

     240,000        2,567,976  

Swire Pacific Ltd., Class B

     182,500        199,468  

Swire Properties Ltd.

     324,000        675,978  

Tam Jai International Co. Ltd.

     155,000        26,718  
     

 

 

 
Total Hong Kong

 

     11,793,009  

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  
Indonesia – 0.1%

 

Bumitama Agri Ltd.

     209,800      $ 87,615  

Nickel Industries Ltd.(a)

     163,612        79,197  
     

 

 

 
Total Indonesia

 

     166,812  
Ireland – 0.0%

 

Cairn Homes PLC

     31,758        36,784  

Kenmare Resources PLC

     16,773        84,960  
     

 

 

 
Total Ireland

 

     121,744  
Israel – 0.7%

 

Amot Investments Ltd.

     24,782        120,102  

Ashtrom Group Ltd.

     7,615        103,874  

Bank Leumi Le-Israel BM

     87,240        722,073  

Delek Automotive Systems Ltd.

     12,890        79,568  

Delek Group Ltd.

     0        25  

FIBI Holdings Ltd.

     1,726        78,434  

First International Bank of Israel Ltd.

     3,241        139,277  

Gav-Yam Lands Corp. Ltd.

     13,666        86,871  

Harel Insurance Investments & Financial Services Ltd.

     7,942        62,835  

ICL Group Ltd.

     154,939        857,516  

Matrix IT Ltd.

     1,397        28,622  

Oil Refineries Ltd.

     199,532        65,987  

Phoenix Holdings Ltd.

     13,453        140,007  

Plus500 Ltd.

     4,026        67,665  
     

 

 

 
Total Israel

 

     2,552,856  
Italy – 3.7%

 

A2A SpA

     222,729        397,583  

ACEA SpA

     12,545        136,938  

Anima Holding SpA(b)

     21,586        90,731  

Assicurazioni Generali SpA

     75,981        1,557,815  

Azimut Holding SpA

     6,867        150,353  

Banca Generali SpA

     4,345        154,155  

Banca Mediolanum SpA

     46,610        399,820  

Banca Popolare di Sondrio SpA

     25,339        130,812  

Banco BPM SpA

     66,136        317,547  

Credito Emiliano SpA

     15,397        126,826  

Cromwell European Real Estate Investment Trust

     63,200        85,649  

De’ Longhi SpA

     6,105        133,281  

Eni SpA(a)

     265,009        4,280,502  

Esprinet SpA(a)

     4,192        21,526  

Hera SpA

     77,556        212,671  

Immobiliare Grande Distribuzione SIIQ SpA(a)

     17,164        38,798  

Iren SpA

     88,499        170,999  

Italgas SpA

     76,532        393,149  

Maire Tecnimont SpA

     15,853        65,325  

Mediobanca Banca di Credito Finanziario SpA

     49,353        654,724  

Poste Italiane SpA(b)

     62,614        660,804  

Snam SpA

     286,009        1,347,211  

Terna – Rete Elettrica Nazionale

     134,748        1,016,912  

Unieuro SpA(a)(b)

     2,158        19,352  

Unipol Gruppo SpA

     34,911        189,320  

UnipolSai Assicurazioni SpA(a)

     215,525        521,636  
     

 

 

 
Total Italy

 

     13,274,439  
Japan – 13.2%

 

77 Bank Ltd.(a)

     4,100      87,097  

AGC, Inc.

     10,400        365,472  

Aisin Corp.(a)

     14,300        541,431  

Akita Bank Ltd.

     4,400        59,502  

Aozora Bank Ltd.(a)

     15,500        317,323  

ARE Holdings, Inc.(a)

     5,300        67,375  

CKD Corp.

     2,100        29,004  

Concordia Financial Group Ltd.

     56,300        257,118  

Cosmo Energy Holdings Co. Ltd.

     6,300        222,067  

Daicel Corp.

     10,300        86,348  

Daido Steel Co. Ltd.(a)

     2,200        89,651  

Daiho Corp.

     1,800        47,586  

Daiken Corp.

     3,100        62,218  

Daiwa House Industry Co. Ltd.

     28,400        764,121  

Daiwa Securities Group, Inc.(a)

     58,900        340,671  

Denka Co. Ltd.(a)

     4,200        76,077  

DIC Corp.

     6,700        109,036  

Eagle Industry Co. Ltd.

     6,500        73,788  

ENEOS Holdings, Inc.(a)

     232,800        920,280  

Exedy Corp.

     6,500        113,862  

EXEO Group, Inc.(a)

     4,000        82,131  

G-Tekt Corp.

     3,100        37,809  

H.U. Group Holdings, Inc.(a)

     4,600        78,298  

Hakuto Co. Ltd.(a)

     2,200        74,746  

Haseko Corp.(a)

     22,800        291,369  

Iida Group Holdings Co. Ltd.

     14,600        243,276  

Iino Kaiun Kaisha Ltd.(a)

     9,900        69,594  

Inabata & Co. Ltd.

     4,400        92,290  

Inpex Corp.

     57,800        873,827  

Inui Global Logistics Co. Ltd.(a)

     6,300        55,812  

Isuzu Motors Ltd.(a)

     36,800        463,745  

Japan Post Holdings Co. Ltd.(a)

     145,800        1,170,015  

Japan Post Insurance Co. Ltd.

     18,900        319,232  

Japan Tobacco, Inc.

     125,400        2,890,776  

Kajima Corp.

     29,500        481,074  

Kanematsu Corp.

     9,000        124,724  

Kansai Electric Power Co., Inc.

     43,011        598,796  

Kawasaki Kisen Kaisha Ltd.(a)

     29,800        1,019,261  

Ki-Star Real Estate Co. Ltd.(a)

     700        21,672  

Kobe Steel Ltd.(a)

     31,800        415,334  

Kyokuto Kaihatsu Kogyo Co. Ltd.(a)

     2,700        31,845  

Macnica Holdings, Inc.

     3,300        155,463  

Marubeni Corp.

     128,500        2,008,122  

Mitsubishi Chemical Group Corp.

     59,100        373,353  

Mitsubishi UFJ Financial Group, Inc.

     435,600        3,702,855  

Mitsuboshi Belting Ltd.(a)

     4,400        135,339  

Mitsui OSK Lines Ltd.(a)

     55,100        1,517,581  

Mitsui-Soko Holdings Co. Ltd.

     2,100        60,583  

MIXI, Inc.(a)

     6,900        109,632  

Mizuho Financial Group, Inc.(a)

     96,060        1,635,708  

MS&AD Insurance Group Holdings, Inc.(a)

     21,800        802,754  

Nippon Denko Co. Ltd.(a)

     15,700        31,984  

Nippon Electric Glass Co. Ltd.

     7,200        134,423  

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  

Nippon Pillar Packing Co. Ltd.(a)

     2,800      $ 73,272  

Nippon Soda Co. Ltd.

     2,400        88,457  

Nippon Steel Corp.(a)

     73,900        1,735,765  

Nippon Yusen KK(a)

     78,200        2,036,423  

Nishimatsu Construction Co. Ltd.(a)

     4,400        109,333  

Niterra Co. Ltd.

     18,100        410,457  

Nitto Kogyo Corp.(a)

     2,300        55,256  

Nittoc Construction Co. Ltd.

     24,100        176,359  

NOK Corp.(a)

     8,800        117,088  

NS United Kaiun Kaisha Ltd.(a)

     3,300        87,130  

Pacific Industrial Co. Ltd.

     3,100        29,769  

PHC Holdings Corp.(a)

     6,000        61,357  

Press Kogyo Co. Ltd.

     15,200        70,181  

Sanyo Special Steel Co. Ltd.

     3,600        71,071  

SBI Holdings, Inc.(a)

     17,400        367,065  

Sekisui House Ltd.

     34,700        692,256  

Seven Bank Ltd.(a)

     37,400        77,920  

SoftBank Corp.

     417,800        4,733,060  

Sojitz Corp.(a)

     20,380        447,684  

Sompo Holdings, Inc.(a)

     15,800        681,129  

Sumitomo Chemical Co. Ltd.

     71,300        194,465  

Sumitomo Corp.(a)

     106,700        2,133,643  

Sumitomo Forestry Co. Ltd.

     17,200        438,688  

Sumitomo Heavy Industries Ltd.

     8,800        223,619  

Sumitomo Metal Mining Co. Ltd.

     17,800        524,726  

Sumitomo Mitsui Financial Group, Inc.

     54,300        2,673,427  

Sumitomo Mitsui Trust Holdings, Inc.

     14,800        558,478  

T&D Holdings, Inc.(a)

     20,000        330,776  

Takeda Pharmaceutical Co. Ltd.(a)

     77,600        2,413,413  

Tama Home Co. Ltd.

     2,600        62,027  

Tokai Rika Co. Ltd.(a)

     4,500        70,685  

Tokyo Seimitsu Co. Ltd.

     2,800        140,539  

Tosoh Corp.

     22,100        284,053  

Toyo Seikan Group Holdings Ltd.

     18,100        296,865  

Toyo Tire Corp.

     8,600        132,667  

TPR Co. Ltd.

     5,400        66,041  

TS Tech Co. Ltd.

     3,200        36,369  

UBE Corp.

     9,700        163,904  

YAMABIKO Corp.

     4,900        47,284  

Yamaha Motor Co. Ltd.

     16,600        437,290  

Yamaichi Electronics Co. Ltd.

     3,200        36,927  
     

 

 

 
Total Japan

 

     48,120,368  
Netherlands – 1.4%

 

Aegon NV(a)

     63,248        306,828  

ASR Nederland NV

     7,384        277,689  

BE Semiconductor Industries NV(a)

     4,615        454,410  

Koninklijke Heijmans NV

     3,452        39,106  

Koninklijke KPN NV

     313,636        1,035,702  

Koninklijke Vopak NV

     7,746        265,879  

NN Group NV(a)

     15,019        484,038  

OCI NV*(a)

     31,545        881,380  

Randstad NV(a)

     16,775        930,297  

RHI Magnesita NV

     3,769        127,979  

SBM Offshore NV(a)

     13,375      176,019  

Signify NV(b)

     6,236        168,426  
     

 

 

 
Total Netherlands

 

     5,147,753  
Norway – 2.3%

 

AF Gruppen ASA

     14,583        170,761  

Aker BP ASA

     37,948        1,055,612  

Atea ASA*

     6,392        80,254  

Austevoll Seafood ASA

     10,515        74,360  

Belships ASA

     46,011        78,005  

DNB Bank ASA

     82,487        1,671,314  

Entra ASA(b)

     8,930        76,872  

Europris ASA(b)

     9,425        52,923  

Gjensidige Forsikring ASA

     23,829        352,704  

Leroy Seafood Group ASA

     28,990        122,271  

MPC Container Ships ASA

     82,858        135,762  

Norsk Hydro ASA

     98,933        624,790  

Salmar ASA

     6,973        356,093  

SpareBank 1 Nord Norge

     14,891        133,924  

Sparebank 1 Oestlandet

     4,324        54,208  

SpareBank 1 SR-Bank ASA

     10,545        121,595  

Storebrand ASA

     15,527        127,183  

Telenor ASA

     201,461        2,300,334  

Veidekke ASA

     15,030        137,858  

Yara International ASA

     15,580        593,428  
     

 

 

 
Total Norway

 

     8,320,251  
Portugal – 0.5%

 

Altri SGPS SA(a)

     5,459        24,772  

EDP – Energias de Portugal SA

     159,775        665,821  

Galp Energia SGPS SA

     37,384        555,707  

Navigator Co. SA

     49,774        188,027  

NOS SGPS SA

     40,850        150,596  

REN – Redes Energeticas Nacionais SGPS SA

     91,507        234,457  

Sonae SGPS SA

     134,617        131,124  
     

 

 

 
Total Portugal

 

     1,950,504  
Singapore – 2.6%

 

Aztech Global Ltd.

     78,600        46,357  

CapitaLand Ascendas REIT

     334,500        673,951  

CapitaLand Ascott Trust

     171,200        120,413  

Capitaland India Trust

     90,745        69,809  

CapitaLand Integrated Commercial Trust

     496,400        672,826  

Frasers Centrepoint Trust

     76,800        123,227  

Frasers Logistics & Commercial Trust

     349,000        273,595  

Geo Energy Resources Ltd.

     201,000        42,706  

Kenon Holdings Ltd.

     5,309        122,719  

Keppel Corp. Ltd.

     88,900        442,904  

Keppel DC REIT

     103,300        157,421  

Keppel Infrastructure Trust

     683,136        232,734  

Keppel REIT

     315,500        197,635  

Mapletree Industrial Trust

     218,700        362,123  

Mapletree Logistics Trust

     221,500        272,635  

Mapletree Pan Asia Commercial Trust

     237,700        249,037  

Netlink NBN Trust

     449,800        276,820  

Olam Group Ltd.

     250,000        192,322  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  

OUE Commercial Real Estate Investment Trust

     473,000      $ 81,438  

Oversea-Chinese Banking Corp. Ltd.

     227,492        2,135,081  

Samudera Shipping Line Ltd.

     77,700        42,696  

Singapore Technologies Engineering Ltd.

     187,523        537,193  

Singapore Telecommunications Ltd.

     18,600        33,115  

Suntec Real Estate Investment Trust

     236,100        200,657  

United Overseas Bank Ltd.

     80,400        1,678,804  

Venture Corp. Ltd.

     15,500        140,476  
     

 

 

 
Total Singapore

 

     9,378,694  
Spain – 5.6%

 

Acerinox SA

     21,743        210,959  

ACS Actividades de Construccion y Servicios SA

     31,656        1,141,883  

Atresmedia Corp. de Medios de Comunicacion SA

     29,782        115,406  

Banco Bilbao Vizcaya Argentaria SA

     249,348        2,035,418  

Banco Santander SA

     467,802        1,792,190  

Bankinter SA(a)

     36,832        235,691  

CaixaBank SA

     228,882        917,457  

Cia de Distribucion Integral Logista Holdings SA

     13,613        348,789  

Enagas SA

     27,396        454,806  

Ence Energia y Celulosa SA(a)

     15,828        53,190  

Endesa SA

     139,479        2,846,405  

Fluidra SA(a)

     9,312        190,970  

Fomento de Construcciones y Contratas SA(a)

     22,191        280,057  

Iberdrola SA

     278,601        3,125,195  

Inmobiliaria Colonial Socimi SA(a)

     19,485        110,988  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     92,885        86,049  

Mapfre SA(a)

     196,981        402,509  

Merlin Properties Socimi SA

     70,934        599,684  

Naturgy Energy Group SA(a)

     67,220        1,833,318  

Prosegur Cash SA(a)(b)

     2,619        1,633  

Redeia Corp. SA

     35,362        557,662  

Repsol SA

     68,314        1,126,138  

Sacyr SA(a)

     42,294        124,575  

Telefonica SA(a)

     467,622        1,915,027  
     

 

 

 
Total Spain

 

     20,505,999  
Sweden – 1.7%

 

Avanza Bank Holding AB(a)

     4,755        82,896  

Betsson AB, Class B*

     4,773        52,808  

Bilia AB, Class A

     6,393        62,670  

Clas Ohlson AB, Class B(a)

     5,316        57,299  

Cloetta AB, Class B

     18,555        31,186  

Coor Service Management Holding AB(b)

     7,558        30,888  

Corem Property Group AB, Class B(a)

     62,418        34,788  

Dios Fastigheter AB

     5,352        30,715  

Fabege AB(a)

     15,230        122,410  

Hexpol AB

     15,507        138,667  

Husqvarna AB, Class B(a)

     19,340        149,070  

Inwido AB

     4,182        42,343  

JM AB

     3,968        54,165  

NCC AB, Class B

     5,197        56,638  

Peab AB, Class B

     15,168        62,799  

Resurs Holding AB(b)

     17,636        38,245  

Samhallsbyggnadsbolaget i Norden AB, Class D(a)

     22,100      8,763  

Securitas AB, Class B(a)

     19,522        155,720  

Skandinaviska Enskilda Banken AB, Class A

     77,588        933,053  

SKF AB, Class B

     17,245        289,131  

SSAB AB, Class B

     94,772        524,272  

Svenska Handelsbanken AB, Class A

     69,822        626,998  

Swedbank AB, Class A

     66,943        1,240,370  

Tele2 AB, Class B

     48,051        370,106  

Telia Co. AB

     414,020        860,112  

Thule Group AB(a)(b)

     6,501        171,677  

Wihlborgs Fastigheter AB

     12,160        85,568  
     

 

 

 
Total Sweden

 

     6,313,357  
Switzerland – 7.9%

 

Allreal Holding AG, Registered Shares

     1,199        191,358  

Baloise Holding AG, Registered Shares

     2,344        340,531  

Cembra Money Bank AG

     1,014        69,056  

EFG International AG*

     12,803        145,552  

Helvetia Holding AG, Registered Shares

     2,857        401,004  

Holcim AG, Registered Shares*

     31,305        2,011,487  

Julius Baer Group Ltd.

     7,508        483,079  

Kuehne & Nagel International AG, Registered Shares

     5,107        1,457,069  

Novartis AG, Registered Shares

     138,648        14,227,031  

OC Oerlikon Corp. AG, Registered Shares(a)

     22,523        95,824  

Sulzer AG, Registered Shares

     2,143        205,328  

Swiss Life Holding AG, Registered Shares

     1,233        770,423  

Swiss Prime Site AG, Registered Shares

     3,792        347,987  

Swiss Re AG

     16,967        1,749,374  

Swisscom AG, Registered Shares

     3,786        2,252,231  

Vontobel Holding AG, Registered Shares

     1,908        113,879  

Zurich Insurance Group AG

     8,143        3,739,478  
     

 

 

 
Total Switzerland

 

     28,600,691  
United Kingdom – 11.4%

 

Anglo American PLC

     100,764        2,786,281  

Ashmore Group PLC

     32,262        73,951  

Assura PLC

     207,189        106,920  

Aviva PLC

     140,211        667,082  

Bellway PLC

     6,977        194,500  

BP PLC

     827,315        5,365,966  

British American Tobacco PLC

     148,441        4,668,999  

British Land Co. PLC

     46,572        180,137  

BT Group PLC(a)

     566,017        806,224  

Central Asia Metals PLC

     28,229        64,775  

Close Brothers Group PLC

     8,261        89,335  

CLS Holdings PLC(a)

     30,910        44,820  

CMC Markets PLC(a)(b)

     11,407        14,647  

Crest Nicholson Holdings PLC

     17,364        36,813  

DFS Furniture PLC(a)

     23,707        31,366  

Diversified Energy Co. PLC

     116,028        114,215  

Domino’s Pizza Group PLC

     14,049        64,543  

DS Smith PLC

     56,022        196,312  

Dunelm Group PLC

     8,430        108,037  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

 

 

Investments    Shares      Value  

Empiric Student Property PLC

     48,447      $ 52,923  

FDM Group Holdings PLC

     4,373        27,755  

Forterra PLC(b)

     12,600        22,884  

Games Workshop Group PLC

     1,360        175,456  

Halfords Group PLC

     15,413        37,305  

Hargreaves Lansdown PLC

     14,589        137,681  

Hilton Food Group PLC

     4,481        39,215  

HSBC Holdings PLC

     1,136,252        8,943,809  

Ibstock PLC(b)

     32,869        57,169  

Imperial Brands PLC

     98,419        2,002,488  

Investec PLC

     29,996        176,358  

ITV PLC

     256,586        221,165  

J Sainsbury PLC

     139,681        430,993  

Kingfisher PLC

     104,717        285,405  

Land Securities Group PLC

     46,808        336,961  

Legal & General Group PLC

     321,175        872,222  

Liontrust Asset Management PLC

     4,378        32,435  

Lloyds Banking Group PLC

     2,316,039        1,254,269  

LondonMetric Property PLC

     81,578        171,260  

ME Group International PLC

     29,624        57,057  

Moneysupermarket.com Group PLC

     47,748        141,384  

Morgan Advanced Materials PLC

     10,897        32,586  

Morgan Sindall Group PLC

     2,026        50,817  

National Grid PLC

     292,923        3,503,765  

Ninety One PLC(a)

     16,850        35,189  

OSB Group PLC

     34,016        135,931  

Pagegroup PLC

     27,466        140,531  

Pets at Home Group PLC

     18,525        75,701  

Primary Health Properties PLC

     61,002        69,244  

Quilter PLC(b)

     71,805        75,153  

Redde Northgate PLC

     25,300        104,374  

Redrow PLC

     22,923        138,438  

Schroders PLC

     37,834        188,038  

Serica Energy PLC

     21,491        65,262  

Severn Trent PLC

     10,600        305,980  

SSE PLC

     55,827        1,097,048  

St. James’s Place PLC

     14,251        144,753  

TBC Bank Group PLC

     4,967        180,965  

Tesco PLC

     335,856        1,083,032  

TP ICAP Group PLC

     26,836        55,716  

Travis Perkins PLC

     10,680        110,071  

Tritax Big Box REIT PLC

     69,277        118,209  

Tyman PLC

     14,389        50,756  

United Utilities Group PLC

     34,601      400,446  

Vesuvius PLC

     15,881        84,163  

Vodafone Group PLC

     2,137,422        2,004,103  

Watkin Jones PLC(a)

     29,574        14,439  

Wickes Group PLC

     37,241        62,409  

Workspace Group PLC

     9,825        58,832  
     

 

 

 
Total United Kingdom

 

     41,477,068  
United States – 2.5%

 

GSK PLC

     250,806        4,567,328  

Stellantis NV

     224,690        4,331,986  
     

 

 

 
Total United States

 

     8,899,314  
TOTAL COMMON STOCKS
(Cost: $355,596,818)

 

     361,022,161  
EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%

 

WisdomTree International LargeCap Dividend Fund(c)

 

(Cost: $335,301)      7,580        345,800  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 8.0%

 

United States – 8.0%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(d)

     
(Cost: $29,197,912)      29,197,912        29,197,912  

TOTAL INVESTMENTS IN SECURITIES – 107.3%

(Cost: $385,130,031)

 

 

     390,565,873  

Other Assets less Liabilities – (7.3)%

 

     (26,585,489
     

 

 

 
NET ASSETS – 100.0%

 

   $ 363,980,384  

 

* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $223,424, which represents 0.06% of net assets.

 

 

Share amount represents a fractional share.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $39,072,896. The Fund also had securities on loan having a total market value of $1,362 that were sold and pending settlement. The total market value of the collateral held by the Fund was $41,088,166. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $11,890,254.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

INVESTMENT IN AFFILIATES               

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2023 were as follows:

 

Affiliate

  Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree International LargeCap Dividend Fund

  $ 1,054,486     $ 8,858,785     $ 9,380,557     $ (37,207   $ (149,707   $ 345,800     $ 119,617  

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International High Dividend Fund (DTH)

September 30, 2023

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to
be Purchased

   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Commonwealth Bank of Australia

    10/2/2023       106,869       SEK       105,000       NOK     $     $ (31

Royal Bank of Canada

    10/2/2023       154,700       SEK       100,000       DKK       41        

Royal Bank of Canada

    10/2/2023       461,456       SEK       40,000       EUR       125        

Royal Bank of Canada

    10/2/2023       133,230       SEK       10,000       GBP       58        
                                            $ 224     $ (31

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

  

Common Stocks

           

France

   $ 39,944,101      $      $ 223,424 *     $ 40,167,525  

Other

     320,854,636                      320,854,636  

Exchange-Traded Fund

     345,800                      345,800  

Investment of Cash Collateral for Securities Loaned

            29,197,912               29,197,912  

Total Investments in Securities

   $ 361,144,537      $ 29,197,912      $ 223,424      $ 390,565,873  

Financial Derivative Instruments

        

Foreign Currency Contracts1

   $      $ 224      $      $ 224  

Liabilities:

        

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (31    $      $ (31

Total – Net

   $ 361,144,537      $ 29,198,105      $ 223,424      $ 390,566,066  
*

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

1

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      43  


Schedule of Investments (unaudited)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.1%

 

Australia – 12.6%

 

ANZ Group Holdings Ltd.

     229,114      $ 3,794,348  

Aristocrat Leisure Ltd.

     11,024        290,643  

BHP Group Ltd.

     822,758        23,497,100  

Coles Group Ltd.

     70,715        710,150  

Commonwealth Bank of Australia(a)

     90,041        5,809,502  

CSL Ltd.

     5,529        894,959  

Goodman Group

     37,515        519,351  

Macquarie Group Ltd.

     14,596        1,580,060  

National Australia Bank Ltd.

     190,752        3,578,846  

Rio Tinto Ltd.

     40,333        2,955,810  

Rio Tinto PLC

     121,399        7,666,497  

Santos Ltd.

     119,841        611,028  

Telstra Group Ltd.

     763,494        1,897,122  

Transurban Group

     97,349        797,301  

Wesfarmers Ltd.

     45,669        1,558,036  

Westpac Banking Corp.

     161,138        2,199,567  

Woodside Energy Group Ltd.

     162,084        3,817,182  

Woolworths Group Ltd.

     31,683        763,127  
     

 

 

 
Total Australia

 

     62,940,629  
Austria – 0.1%

 

OMV AG

     15,889        762,395  
Belgium – 0.6%

 

Anheuser-Busch InBev SA

     16,308        906,643  

KBC Group NV

     29,223        1,829,783  

UCB SA

     3,955        324,687  
     

 

 

 
Total Belgium

 

     3,061,113  
China – 0.6%

 

BOC Hong Kong Holdings Ltd.

     640,634        1,754,579  

Prosus NV*

     14,502        428,683  

Wilmar International Ltd.

     268,300        733,211  
     

 

 

 
Total China

 

     2,916,473  
Denmark – 1.4%

 

AP Moller – Maersk AS, Class B

     752        1,359,712  

Carlsberg AS, Class B

     3,044        385,254  

Coloplast AS, Class B

     4,341        460,775  

Novo Nordisk AS, Class B

     44,362        4,055,641  

Orsted AS(b)

     7,761        424,347  

Tryg AS

     24,899        457,276  
     

 

 

 
Total Denmark

 

     7,143,005  
Finland – 1.3%

 

Fortum Oyj(a)

     60,810        707,886  

Kone Oyj, Class B

     17,342        732,965  

Neste Oyj(a)

     13,702        466,110  

Nordea Bank Abp

     234,289        2,590,416  

Sampo Oyj, Class A(a)

     34,248        1,485,938  

UPM-Kymmene Oyj

     17,953        617,181  
     

 

 

 
Total Finland

 

     6,600,496  
France – 13.5%      

Air Liquide SA

     9,568        1,619,198  

Airbus SE

     10,099      1,357,710  

AXA SA

     189,168        5,643,936  

BNP Paribas SA

     83,132        5,318,807  

Capgemini SE

     2,897        508,541  

Cie de Saint-Gobain SA

     16,805        1,012,026  

Cie Generale des Etablissements Michelin SCA

     27,768        854,640  

Danone SA

     24,557        1,358,746  

Engie SA

     214,699        3,302,852  

EssilorLuxottica SA

     6,340        1,108,632  

Hermes International SCA

     861        1,576,858  

Kering SA

     2,839        1,298,201  

L’Oreal SA

     10,551        4,392,387  

Legrand SA

     6,062        560,304  

LVMH Moet Hennessy Louis Vuitton SE

     12,197        9,251,285  

Orange SA

     261,360        3,005,124  

Pernod Ricard SA

     8,537        1,426,735  

Publicis Groupe SA

     9,514        722,835  

Sanofi

     44,970        4,831,665  

Schneider Electric SE

     11,207        1,862,632  

Societe Generale SA

     52,522        1,281,479  

Thales SA

     6,177        870,460  

TotalEnergies SE

     171,571        11,318,661  

Veolia Environnement SA

     28,085        815,631  

Vinci SA

     19,133        2,127,397  
     

 

 

 
Total France

 

     67,426,742  
Germany – 8.6%

 

adidas AG

     5,898        1,040,460  

Allianz SE, Registered Shares

     21,702        5,185,907  

BASF SE

     58,081        2,641,136  

Bayer AG, Registered Shares

     34,676        1,668,616  

Bayerische Motoren Werke AG

     38,658        3,944,752  

Deutsche Bank AG, Registered Shares

     47,760        528,414  

Deutsche Boerse AG

     3,590        622,209  

Deutsche Post AG, Registered Shares

     55,862        2,279,110  

Deutsche Telekom AG, Registered Shares

     231,102        4,861,287  

E.ON SE

     142,081        1,684,797  

Hannover Rueck SE

     5,535        1,218,332  

Hapag-Lloyd AG(a)(b)

     16,499        3,008,044  

Henkel AG & Co. KGaA

     8,607        544,208  

Infineon Technologies AG

     13,730        455,796  

Mercedes-Benz Group AG

     80,617        5,623,926  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

     5,114        1,998,473  

RWE AG

     15,443        574,712  

SAP SE

     22,131        2,877,820  

Siemens Healthineers AG(b)

     19,188        975,134  

Volkswagen AG

     11,902        1,571,375  
     

 

 

 
Total Germany

 

     43,304,508  
Hong Kong – 2.6%

 

AIA Group Ltd.

     274,404        2,237,108  

CLP Holdings Ltd.

     130,000        961,906  

Hang Seng Bank Ltd.

     63,618        791,585  

Henderson Land Development Co. Ltd.

     380,219        1,002,512  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2023

 

 

 

Investments    Shares      Value  

Hong Kong & China Gas Co. Ltd.

     955,925      $ 666,426  

Hong Kong Exchanges & Clearing Ltd.

     39,624        1,480,363  

Link REIT

     206,355        1,011,770  

MTR Corp. Ltd.

     349,438        1,383,144  

Sun Hung Kai Properties Ltd.

     223,442        2,390,807  

Swire Properties Ltd.

     312,800        652,611  

Techtronic Industries Co. Ltd.

     42,500        412,418  
     

 

 

 
Total Hong Kong

 

     12,990,650  
Ireland – 0.3%

 

CRH PLC

     25,882        1,434,830  
Israel – 0.2%

 

Bank Hapoalim BM

     30,478        271,316  

Bank Leumi Le-Israel BM

     109,512        906,415  
     

 

 

 
Total Israel

 

     1,177,731  
Italy – 1.8%

 

Assicurazioni Generali SpA

     92,831        1,903,286  

Eni SpA(a)

     247,736        4,001,504  

Ferrari NV

     2,291        678,439  

Snam SpA

     264,085        1,243,940  

Terna – Rete Elettrica Nazionale(a)

     126,713        956,274  
     

 

 

 
Total Italy

 

     8,783,443  
Japan – 17.3%

 

Aeon Co. Ltd.

     16,645        330,446  

Asahi Group Holdings Ltd.

     14,235        533,246  

Astellas Pharma, Inc.

     49,700        690,754  

Bandai Namco Holdings, Inc.

     22,600        460,708  

Bridgestone Corp.

     21,855        853,696  

Canon, Inc.

     43,836        1,058,997  

Chugai Pharmaceutical Co. Ltd.

     54,600        1,691,877  

Dai-ichi Life Holdings, Inc.

     34,500        716,009  

Daiichi Sankyo Co. Ltd.

     12,400        341,192  

Daikin Industries Ltd.

     2,800        440,476  

Daiwa House Industry Co. Ltd.

     24,800        667,261  

Denso Corp.

     75,100        1,208,344  

East Japan Railway Co.

     5,900        338,244  

Eisai Co. Ltd.

     5,500        306,061  

FANUC Corp.

     24,975        651,551  

Fast Retailing Co. Ltd.

     2,400        524,148  

FUJIFILM Holdings Corp.

     10,300        597,604  

Fujitsu Ltd.(a)

     3,400        401,005  

Hitachi Ltd.

     18,800        1,168,504  

Honda Motor Co. Ltd.

     194,700        2,194,575  

Hoya Corp.

     3,200        328,631  

Inpex Corp.

     56,400        852,661  

ITOCHU Corp.(a)

     49,500        1,793,245  

Japan Post Holdings Co. Ltd.

     175,700        1,409,956  

Japan Tobacco, Inc.

     113,009        2,605,133  

Kao Corp.

     13,600        505,904  

KDDI Corp.

     94,480        2,897,872  

Keyence Corp.

     1,100        409,114  

Kirin Holdings Co. Ltd.

     32,800        460,046  

Komatsu Ltd.

     35,667        966,337  

Marubeni Corp.

     121,200      1,894,042  

Mitsubishi Corp.

     78,905        3,769,039  

Mitsubishi Electric Corp.

     57,481        712,229  

Mitsubishi Estate Co. Ltd.

     34,200        448,055  

Mitsubishi Heavy Industries Ltd.

     7,000        391,503  

Mitsubishi UFJ Financial Group, Inc.

     543,900        4,623,469  

Mitsui & Co. Ltd.

     85,100        3,092,627  

Mitsui Fudosan Co. Ltd.

     23,200        512,118  

Mizuho Financial Group, Inc.(a)

     117,014        1,992,512  

MS&AD Insurance Group Holdings, Inc.(a)

     26,200        964,778  

Murata Manufacturing Co. Ltd.

     45,530        834,170  

Nintendo Co. Ltd.

     42,300        1,765,984  

Nippon Steel Corp.(a)

     67,400        1,583,093  

Nippon Telegraph & Telephone Corp.

     3,688,600        4,365,266  

Ono Pharmaceutical Co. Ltd.

     17,100        328,650  

Otsuka Holdings Co. Ltd.

     13,300        473,533  

Panasonic Holdings Corp.

     64,984        732,472  

Recruit Holdings Co. Ltd.

     8,500        262,533  

Secom Co. Ltd.

     5,900        400,911  

Sekisui House Ltd.

     28,600        570,563  

Seven & I Holdings Co. Ltd.

     16,700        655,242  

Shin-Etsu Chemical Co. Ltd.

     64,500        1,877,189  

Shionogi & Co. Ltd.

     7,300        327,075  

SMC Corp.

     1,050        471,295  

SoftBank Corp.

     395,000        4,474,770  

Sompo Holdings, Inc.(a)

     18,500        797,524  

Subaru Corp.

     22,000        428,427  

Sumitomo Corp.(a)

     99,010        1,979,868  

Sumitomo Mitsui Financial Group, Inc.

     66,594        3,278,714  

Suzuki Motor Corp.

     11,217        452,213  

Takeda Pharmaceutical Co. Ltd.(a)

     70,700        2,198,819  

TDK Corp.

     9,300        345,389  

Tokio Marine Holdings, Inc.

     103,000        2,391,657  

Tokyo Electron Ltd.

     17,750        2,431,295  

Toyota Motor Corp.

     429,365        7,703,969  
     

 

 

 
Total Japan

 

     86,934,590  
Netherlands – 1.6%

 

ASML Holding NV

     3,780        2,237,560  

Ferrovial SE(a)

     15,554        477,072  

Heineken Holding NV

     6,572        496,809  

Heineken NV(a)

     12,123        1,071,228  

JDE Peet’s NV(a)

     14,143        395,610  

Koninklijke Ahold Delhaize NV(a)

     31,264        944,034  

NN Group NV(a)

     17,252        556,004  

Universal Music Group NV(a)

     36,733        961,776  

Wolters Kluwer NV(a)

     5,496        667,136  
     

 

 

 
Total Netherlands

 

     7,807,229  
Norway – 1.7%

 

Aker BP ASA

     37,482        1,042,649  

DNB Bank ASA

     104,655        2,120,471  

Equinor ASA

     95,487        3,151,089  

Telenor ASA

     189,284        2,161,294  
     

 

 

 
Total Norway

 

     8,475,503  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (unaudited) (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2023

 

 

 

Investments    Shares      Value  
Portugal – 0.3%

 

EDP – Energias de Portugal SA

     164,581      $ 685,848  

Jeronimo Martins SGPS SA

     31,668        712,816  
     

 

 

 
Total Portugal

 

     1,398,664  
Singapore – 2.1%

 

CapitaLand Investment Ltd.

     273,000        620,046  

DBS Group Holdings Ltd.

     143,534        3,537,610  

Oversea-Chinese Banking Corp. Ltd.

     281,512        2,642,075  

Singapore Telecommunications Ltd.

     835,600        1,481,539  

United Overseas Bank Ltd.

     102,386        2,137,886  
     

 

 

 
Total Singapore

 

     10,419,156  
Spain – 4.0%

 

Banco Bilbao Vizcaya Argentaria SA(a)

     310,668        2,535,971  

Banco Santander SA

     603,878        2,313,509  

CaixaBank SA

     299,473        1,200,416  

Endesa SA

     130,552        2,664,228  

Iberdrola SA

     264,799        2,970,371  

Industria de Diseno Textil SA

     107,072        4,000,562  

Naturgy Energy Group SA(a)

     61,737        1,683,778  

Repsol SA

     66,670        1,099,038  

Telefonica SA(a)

     443,410        1,815,873  
     

 

 

 
Total Spain

 

     20,283,746  
Sweden – 1.8%

 

Assa Abloy AB, Class B

     18,021        395,114  

Atlas Copco AB, Class A

     43,261        586,346  

Atlas Copco AB, Class B

     35,142        414,684  

Epiroc AB, Class A

     12,002        229,784  

EQT AB(a)

     12,662        252,792  

Essity AB, Class B

     20,205        438,722  

Evolution AB(b)

     3,114        317,127  

Sandvik AB

     30,269        561,682  

Skandinaviska Enskilda Banken AB, Class A

     91,155        1,096,206  

Svenska Handelsbanken AB, Class A

     82,423        740,155  

Swedbank AB, Class A

     86,161        1,596,455  

Telefonaktiebolaget LM Ericsson, Class B(a)

     115,504        566,984  

Telia Co. AB

     388,627        807,359  

Volvo AB, Class B

     49,675        1,031,524  
     

 

 

 
Total Sweden

 

     9,034,934  
Switzerland – 11.1%

 

ABB Ltd., Registered Shares

     52,837        1,894,462  

Cie Financiere Richemont SA, Class A, Registered Shares

     10,374        1,270,101  

DSM-Firmenich AG

     3,842        325,946  

Geberit AG, Registered Shares

     922        462,613  

Givaudan SA, Registered Shares

     179        585,839  

Holcim AG, Registered Shares*

     28,734        1,846,288  

Kuehne & Nagel International AG, Registered Shares

     5,144        1,467,626  

Nestle SA, Registered Shares

     97,836        11,094,782  

Novartis AG, Registered Shares

     129,718        13,310,700  

Partners Group Holding AG

     914        1,033,595  

Roche Holding AG

     26,622        7,288,456  

Roche Holding AG, Bearer Shares(a)

     3,770      1,110,230  

SGS SA, Registered Shares

     9,093        765,569  

Sika AG, Registered Shares

     1,968        501,466  

Sonova Holding AG, Registered Shares

     1,213        288,664  

Swiss Life Holding AG, Registered Shares

     1,512        944,752  

Swiss Re AG

     21,890        2,256,958  

Swisscom AG, Registered Shares

     3,411        2,029,150  

UBS Group AG, Registered Shares

     99,470        2,467,178  

Zurich Insurance Group AG

     10,096        4,636,346  
     

 

 

 
Total Switzerland

 

     55,580,721  
United Kingdom – 13.9%

 

Anglo American PLC

     96,518        2,668,873  

Ashtead Group PLC

     6,681        407,888  

AstraZeneca PLC

     35,903        4,865,051  

Aviva PLC

     161,914        770,339  

BAE Systems PLC

     86,514        1,053,623  

Barclays PLC

     609,346        1,182,096  

BP PLC

     769,198        4,989,019  

British American Tobacco PLC

     137,941        4,338,736  

BT Group PLC(a)

     560,567        798,461  

CNH Industrial NV

     27,485        335,811  

Compass Group PLC

     22,923        559,573  

Diageo PLC

     63,753        2,360,868  

HSBC Holdings PLC

     1,420,110        11,178,147  

Imperial Brands PLC

     88,187        1,794,302  

Legal & General Group PLC

     395,809        1,074,908  

Lloyds Banking Group PLC

     3,041,670        1,647,240  

London Stock Exchange Group PLC

     6,330        636,165  

National Grid PLC

     273,049        3,266,045  

Prudential PLC

     45,498        493,573  

Reckitt Benckiser Group PLC

     29,472        2,084,220  

RELX PLC

     58,878        1,994,213  

Shell PLC

     379,790        12,080,180  

SSE PLC

     51,211        1,006,340  

Standard Chartered PLC

     64,268        594,592  

Tesco PLC

     317,185        1,022,824  

Unilever PLC

     89,859        4,455,095  

Vodafone Group PLC

     2,008,115        1,882,861  
     

 

 

 
Total United Kingdom

 

     69,541,043  
United States – 1.7%

 

GSK PLC

     234,884        4,277,379  

Stellantis NV

     210,798        4,064,151  
     

 

 

 
Total United States               8,341,530  

TOTAL COMMON STOCKS

(Cost: $424,146,525)

              496,359,131  
EXCHANGE-TRADED FUND – 0.2%

 

United States – 0.2%

 

WisdomTree International MidCap Dividend Fund(c)

     
(Cost: $853,330)      14,870        834,951  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2023

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.7%

 

United States – 4.7%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(d)

 

(Cost: $23,699,794)      23,699,794      $ 23,699,794  

TOTAL INVESTMENTS IN SECURITIES – 104.0%

(Cost: $448,699,649)

 

 

     520,893,876  

Other Assets less Liabilities – (4.0)%

        (19,921,118
     

 

 

 
NET ASSETS – 100.0%             $ 500,972,758  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $28,525,422 and the total market value of the collateral held by the Fund was $29,963,266. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $6,263,472.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

INVESTMENT IN AFFILIATES               

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree International MidCap Dividend Fund

  $ 344,680     $ 3,138,770     $ 2,626,681     $ 16,165     $ (37,983   $ 834,951     $ 25,364  

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to
be Purchased

   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Morgan Stanley & Co. International

    10/2/2023       1,131,200       JPY       7,572       USD     $ 9     $  

Morgan Stanley & Co. International

    10/3/2023       497,628       HKD       63,570       USD             (31
                                            $ 9     $ (31

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2—Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

   $ 496,359,131      $      $      $ 496,359,131  

Exchange-Traded Fund

     834,951                      834,951  

Investment of Cash Collateral for Securities Loaned

            23,699,794               23,699,794  

Total Investments in Securities

   $ 497,194,082      $ 23,699,794      $      $ 520,893,876  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 9      $      $ 9  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (31    $      $ (31

Total – Net

   $ 497,194,082      $ 23,699,772      $      $ 520,893,854  

 

1

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Schedule of Investments (unaudited)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.3%

 

Australia – 11.0%

 

AGL Energy Ltd.(a)

     36,683      $ 254,035  

ALS Ltd.

     15,123        111,952  

Ampol Ltd.

     19,678        429,266  

Ansell Ltd.

     3,873        55,317  

APA Group

     92,383        494,879  

ASX Ltd.(a)

     9,961        367,215  

Aurizon Holdings Ltd.(a)

     100,516        226,407  

Bank of Queensland Ltd.(a)

     30,224        111,968  

Beach Energy Ltd.

     22,958        24,300  

Bendigo & Adelaide Bank Ltd.

     29,981        172,793  

BlueScope Steel Ltd.

     14,759        185,175  

Brambles Ltd.

     42,529        393,058  

Brickworks Ltd.

     6,775        109,183  

carsales.com Ltd.

     10,265        185,103  

Challenger Ltd.

     22,179        91,898  

Charter Hall Group

     15,621        95,676  

Cleanaway Waste Management Ltd.

     38,928        61,052  

Cochlear Ltd.

     1,040        171,375  

Computershare Ltd.

     12,868        215,598  

Dexus(a)

     104,705        493,309  

Downer EDI Ltd.(a)

     32,755        87,097  

Endeavour Group Ltd.(a)

     47,077        160,121  

GPT Group(a)

     86,128        216,789  

Harvey Norman Holdings Ltd.(a)

     126,875        316,895  

IDP Education Ltd.(a)

     3,532        48,737  

IGO Ltd.(a)

     7,614        62,212  

Iluka Resources Ltd.

     17,162        85,066  

Incitec Pivot Ltd.

     140,417        284,563  

Insurance Australia Group Ltd.

     49,737        182,329  

JB Hi-Fi Ltd.(a)

     12,067        353,733  

Lendlease Corp. Ltd.(a)

     13,062        60,529  

Medibank Pvt Ltd.

     149,724        332,414  

Metcash Ltd.

     81,508        198,848  

Mineral Resources Ltd.(a)

     2,262        98,733  

Mirvac Group

     196,017        269,465  

New Hope Corp. Ltd.

     84,122        344,756  

NIB Holdings Ltd.

     22,790        109,285  

Nine Entertainment Co. Holdings Ltd.(a)

     106,184        140,489  

Northern Star Resources Ltd.

     27,700        186,999  

Orica Ltd.

     10,121        101,835  

Origin Energy Ltd.

     91,889        520,699  

Premier Investments Ltd.

     6,628        106,943  

QBE Insurance Group Ltd.

     32,629        330,833  

Qube Holdings Ltd.

     44,053        81,599  

REA Group Ltd.(a)

     1,886        187,842  

Reece Ltd.(a)

     10,440        125,528  

Scentre Group

     265,226        421,095  

SEEK Ltd.(a)

     8,215        117,014  

Seven Group Holdings Ltd.

     8,864        178,204  

Sonic Healthcare Ltd.

     21,861        420,451  

South32 Ltd.

     640,868        1,402,159  

Steadfast Group Ltd.

     38,154        138,883  

Stockland

     264,570        669,354  

Suncorp Group Ltd.

     40,549      365,599  

TPG Telecom Ltd.(a)

     70,888        249,801  

Treasury Wine Estates Ltd.

     18,009        143,312  

Vicinity Ltd.

     239,107        261,572  

Viva Energy Group Ltd.(b)

     140,120        271,300  

Washington H Soul Pattinson & Co. Ltd.(a)

     9,607        202,070  

Whitehaven Coal Ltd.

     63,933        293,375  

Worley Ltd.

     17,477        196,379  
     

 

 

 
Total Australia

 

     14,574,466  
Austria – 1.7%

 

ANDRITZ AG

     5,065        256,438  

BAWAG Group AG*(b)

     7,004        322,277  

Erste Group Bank AG

     24,999        868,670  

EVN AG

     5,616        150,432  

Telekom Austria AG

     21,832        152,557  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     6,348        177,433  

Voestalpine AG

     8,180        223,789  

Wienerberger AG

     3,242        82,516  
     

 

 

 
Total Austria

 

     2,234,112  
Belgium – 2.4%

 

Ackermans & van Haaren NV

     374        56,664  

Aedifica SA

     1,425        81,244  

Ageas SA

     19,288        797,038  

Cofinimmo SA

     2,646        181,814  

D’ieteren Group

     733        124,093  

Elia Group SA

     1,124        110,257  

Etablissements Franz Colruyt NV

     5,393        233,875  

Groupe Bruxelles Lambert NV

     5,747        429,332  

Melexis NV

     1,890        163,485  

Proximus SADP

     35,764        291,486  

Solvay SA

     3,822        424,280  

Umicore SA(a)

     5,304        126,070  

Warehouses De Pauw CVA

     5,668        140,663  
     

 

 

 
Total Belgium

 

     3,160,301  
Burkina Faso – 0.1%

 

Endeavour Mining PLC

     8,778        169,924  
China – 0.1%

 

BOC Aviation Ltd.(b)

     25,700        179,332  
Denmark – 0.8%

 

Chr Hansen Holding AS

     2,024        124,259  

Novozymes AS, Class B

     2,837        114,677  

Pandora AS

     3,637        377,787  

Royal Unibrew AS

     1,687        130,731  

Topdanmark AS

     8,375        364,813  
     

 

 

 
Total Denmark

 

     1,112,267  
Egypt – 0.0%

 

Energean PLC

     4,349        60,672  
Finland – 1.6%

 

Elisa Oyj

     10,183        473,189  

Huhtamaki Oyj(a)

     2,640        87,067  

Kesko Oyj, Class A(a)

     6,621        121,273  

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Kesko Oyj, Class B

     12,883      $ 231,469  

Kojamo Oyj(a)

     6,573        58,457  

Metsa Board Oyj, Class B(a)

     14,739        118,675  

Metso Oyj

     23,527        247,946  

Orion Oyj, Class B

     3,397        133,865  

Stora Enso Oyj, Class R(a)

     21,628        272,265  

TietoEVRY Oyj

     6,153        138,759  

Valmet Oyj(a)

     8,611        197,472  
     

 

 

 
Total Finland

 

     2,080,437  
France – 5.3%

 

ALD SA(b)

     33,732        261,960  

Alten SA

     331        43,666  

Arkema SA

     2,234        221,293  

BioMerieux

     1,040        101,103  

Bouygues SA

     20,785        729,283  

Bureau Veritas SA

     8,704        216,653  

Carrefour SA

     21,525        371,128  

Dassault Aviation SA

     1,326        250,456  

Eiffage SA

     2,802        267,114  

Elis SA

     7,827        138,059  

Eramet SA(a)

     1,563        119,561  

Eurazeo SE

     1,852        110,687  

Gaztransport & Technigaz SA

     1,603        197,721  

Gecina SA

     3,586        367,329  

Getlink SE

     6,157        98,498  

Imerys SA

     2,831        83,925  

Interparfums SA

     1,094        60,925  

Ipsen SA

     1,006        132,286  

Klepierre SA

     21,696        533,608  

La Francaise des Jeux SAEM(b)

     10,198        332,552  

Lagardere SA(a)

     3,979        80,717  

Nexans SA

     816        66,567  

Remy Cointreau SA(a)

     605        74,079  

Rexel SA

     18,596        419,365  

Rothschild & Co.

     4,279        174,873  

Rubis SCA

     7,244        162,902  

Societe BIC SA

     1,454        96,137  

Sodexo SA

     1,944        200,717  

Sopra Steria Group SACA

     512        106,193  

SPIE SA

     4,284        124,822  

Technip Energies NV

     6,017        150,153  

Valeo SE

     4,774        82,539  

Verallia SA(b)

     3,988        157,407  

Vivendi SE

     44,606        391,792  

Wendel SE

     1,206        95,828  
     

 

 

 
Total France

 

     7,021,898  
Germany – 4.7%

 

AIXTRON SE

     1,127        41,548  

Aurubis AG

     1,053        78,197  

Bechtle AG

     1,767        82,765  

Brenntag SE

     3,283        255,407  

Carl Zeiss Meditec AG, Bearer Shares

     749        65,677  

DWS Group GmbH & Co. KGaA(b)

     19,706        671,812  

Evonik Industries AG

     25,329        464,606  

Fielmann Group AG

     3,667      158,714  

Freenet AG

     8,247        193,665  

GEA Group AG

     4,463        165,193  

Heidelberg Materials AG

     9,131        710,751  

HOCHTIEF AG

     2,357        238,942  

Hugo Boss AG

     1,593        101,060  

K & S AG, Registered Shares

     2,416        43,945  

MTU Aero Engines AG

     652        118,560  

Puma SE

     2,646        164,725  

Rheinmetall AG

     802        207,100  

Scout24 SE(b)

     1,403        97,533  

Sixt SE

     1,175        109,226  

Stroeer SE & Co. KGaA

     2,438        108,670  

Suedzucker AG

     9,870        147,134  

Synlab AG

     5,470        58,435  

Talanx AG

     14,577        926,004  

Telefonica Deutschland Holding AG

     225,605        404,866  

United Internet AG, Registered Shares

     3,474        74,518  

Wacker Chemie AG

     3,268        469,348  
     

 

 

 
Total Germany

 

     6,158,401  
Hong Kong – 3.3%

 

Bank of East Asia Ltd.

     148,380        184,152  

Champion REIT

     322,000        106,075  

Hang Lung Group Ltd.

     84,000        118,409  

Hang Lung Properties Ltd.

     285,000        390,099  

Hysan Development Co. Ltd.

     76,000        147,306  

New World Development Co. Ltd.

     272,000        529,285  

PCCW Ltd.

     1,282,000        584,375  

Power Assets Holdings Ltd.

     233,000        1,127,537  

Sino Land Co. Ltd.

     631,454        711,931  

Swire Pacific Ltd., Class A

     43,000        290,168  

Swire Pacific Ltd., Class B

     165,000        180,341  
     

 

 

 
Total Hong Kong

 

     4,369,678  
Ireland – 0.6%

 

AIB Group PLC

     38,062        171,670  

Bank of Ireland Group PLC

     6,387        62,821  

Glanbia PLC

     6,526        107,856  

Kingspan Group PLC

     1,792        134,631  

Smurfit Kappa Group PLC

     8,886        296,918  
     

 

 

 
Total Ireland

 

     773,896  
Israel – 2.1%

 

Alony Hetz Properties & Investments Ltd.

     8,229        56,416  

Amot Investments Ltd.

     32,339        156,726  

Ashtrom Group Ltd.

     6,005        81,912  

Azrieli Group Ltd.

     3,154        161,884  

Bezeq The Israeli Telecommunication Corp. Ltd.

     130,467        184,031  

Elbit Systems Ltd.

     462        92,000  

First International Bank of Israel Ltd.

     4,365        187,579  

ICL Group Ltd.

     151,338        837,586  

Israel Discount Bank Ltd., Class A

     42,154        227,988  

Mizrahi Tefahot Bank Ltd.

     13,893        503,973  

Phoenix Holdings Ltd.

     15,222        158,418  

Strauss Group Ltd.*

     3,172        66,714  
     

 

 

 
Total Israel

 

     2,715,227  

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  
Italy – 5.2%

 

A2A SpA

     208,410      $ 372,023  

ACEA SpA(a)

     12,158        132,713  

Amplifon SpA(a)

     2,439        72,614  

Banca Generali SpA

     7,075        251,012  

Banca Mediolanum SpA

     38,502        330,270  

Banco BPM SpA

     89,976        432,014  

BPER Banca

     42,411        130,083  

Brembo SpA(a)

     7,849        97,727  

Brunello Cucinelli SpA(a)

     386        29,445  

Buzzi SpA

     5,215        143,114  

Davide Campari-Milano NV

     8,882        104,994  

De’ Longhi SpA

     6,203        135,420  

DiaSorin SpA(a)

     417        38,154  

ERG SpA

     6,256        151,282  

FinecoBank Banca Fineco SpA

     16,762        204,354  

Hera SpA

     67,904        186,204  

Infrastrutture Wireless Italiane SpA(b)

     32,676        389,721  

Italgas SpA(a)

     63,737        327,420  

Leonardo SpA

     10,621        153,606  

Mediobanca Banca di Credito Finanziario SpA(a)

     61,606        817,274  

Moncler SpA

     3,561        207,663  

Poste Italiane SpA(b)

     81,113        856,036  

Prysmian SpA

     4,123        166,533  

Recordati Industria Chimica e Farmaceutica SpA

     5,856        277,204  

Salvatore Ferragamo SpA(a)

     3,374        44,796  

Unipol Gruppo SpA

     34,844        188,956  

UnipolSai Assicurazioni SpA(a)

     245,368        593,865  
     

 

 

 
Total Italy

 

     6,834,497  
Japan – 27.2%

 

ABC-Mart, Inc.

     5,934        106,890  

Advantest Corp.(a)

     13,600        381,046  

AGC, Inc.

     9,628        338,343  

Air Water, Inc.

     7,600        94,882  

Aisin Corp.(a)

     11,500        435,416  

Alfresa Holdings Corp.(a)

     8,700        143,130  

Amada Co. Ltd.(a)

     14,900        150,223  

Aozora Bank Ltd.(a)

     8,700        178,110  

Asahi Kasei Corp.

     42,800        269,578  

Asics Corp.

     1,600        56,001  

Azbil Corp.(a)

     2,000        61,357  

Bank of Kyoto Ltd.*(a)

     1,800        102,566  

Brother Industries Ltd.

     6,700        108,138  

Canon Marketing Japan, Inc.

     5,300        137,699  

Capcom Co. Ltd.

     4,100        147,954  

Casio Computer Co. Ltd.(a)

     8,500        71,401  

Chiba Bank Ltd.

     23,200        169,074  

Chubu Electric Power Co., Inc.

     29,800        380,825  

Coca-Cola Bottlers Japan Holdings, Inc.

     10,800        142,287  

COMSYS Holdings Corp.(a)

     5,500        115,215  

Concordia Financial Group Ltd.

     43,600        199,118  

Cosmo Energy Holdings Co. Ltd.

     5,700        200,918  

CyberAgent, Inc.(a)

     8,300        44,847  

Dai Nippon Printing Co. Ltd.

     7,179        187,142  

Daifuku Co. Ltd.

     5,300        100,495  

Daito Trust Construction Co. Ltd.

     3,820      403,183  

Daiwa Securities Group, Inc.(a)

     81,500        471,386  

Dentsu Group, Inc.

     7,900        232,937  

Disco Corp.

     3,900        720,804  

Dowa Holdings Co. Ltd.

     1,300        40,518  

Ebara Corp.

     3,300        154,999  

Electric Power Development Co. Ltd.

     7,300        118,287  

ENEOS Holdings, Inc.(a)

     191,900        758,598  

Fuji Electric Co. Ltd.

     3,175        143,532  

Fukuoka Financial Group, Inc.

     7,200        172,684  

Hakuhodo DY Holdings, Inc.(a)

     9,400        77,449  

Hamamatsu Photonics KK

     2,800        118,192  

Hankyu Hanshin Holdings, Inc.

     4,200        143,570  

Haseko Corp.(a)

     15,600        199,358  

Hirose Electric Co. Ltd.

     1,575        182,804  

Hitachi Construction Machinery Co. Ltd.

     8,100        246,759  

Hulic Co. Ltd.

     27,800        249,823  

Idemitsu Kosan Co. Ltd.

     14,766        340,194  

IHI Corp.(a)

     5,800        121,850  

Iida Group Holdings Co. Ltd.

     11,200        186,623  

Internet Initiative Japan, Inc.

     4,100        66,422  

Isuzu Motors Ltd.(a)

     30,800        388,135  

J Front Retailing Co. Ltd.

     9,400        96,315  

Japan Exchange Group, Inc.(a)

     14,800        275,123  

Japan Metropolitan Fund Invest

     346        224,909  

Japan Post Insurance Co. Ltd.

     13,800        233,090  

Kajima Corp.

     19,976        325,760  

Kakaku.com, Inc.

     3,800        38,630  

Kamigumi Co. Ltd.(a)

     6,500        134,160  

Kansai Electric Power Co., Inc.

     38,700        538,779  

Kansai Paint Co. Ltd.

     4,100        58,728  

Kawasaki Heavy Industries Ltd.(a)

     3,900        94,609  

Kawasaki Kisen Kaisha Ltd.(a)

     26,300        899,549  

Kewpie Corp.

     6,100        98,250  

Kikkoman Corp.

     1,600        84,104  

Koei Tecmo Holdings Co. Ltd.

     9,120        129,902  

Konami Group Corp.(a)

     3,500        184,986  

Kose Corp.

     700        50,920  

Kuraray Co. Ltd.

     19,600        232,613  

Kurita Water Industries Ltd.

     2,500        87,351  

Kyushu Railway Co.

     5,600        119,299  

Lawson, Inc.

     3,800        174,995  

Marui Group Co. Ltd.(a)

     5,100        83,049  

MatsukiyoCocokara & Co.

     6,000        107,777  

Mazda Motor Corp.

     22,800        259,207  

Mebuki Financial Group, Inc.

     46,000        127,527  

Medipal Holdings Corp.

     6,000        101,625  

MEIJI Holdings Co. Ltd.

     12,900        321,236  

MISUMI Group, Inc.

     2,900        45,407  

Mitsubishi Chemical Group Corp.

     63,300        399,885  

Mitsubishi Gas Chemical Co., Inc.(a)

     8,800        118,680  

Mitsui Chemicals, Inc.

     8,700        226,034  

Mitsui OSK Lines Ltd.(a)

     50,400        1,388,132  

Nabtesco Corp.

     3,300        59,631  

NEC Corp.

     5,400        298,941  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  

NGK Insulators Ltd.(a)

     17,100      $ 227,121  

NH Foods Ltd.

     3,100        92,881  

Nikon Corp.

     10,300        108,815  

NIPPON EXPRESS HOLDINGS, Inc.

     3,200        167,329  

Nippon Sanso Holdings Corp.

     6,600        156,790  

Nippon Shinyaku Co. Ltd.

     1,800        76,342  

Nippon Yusen KK(a)

     72,400        1,885,384  

Nissan Chemical Corp.

     4,600        196,022  

Nisshin Seifun Group, Inc.

     8,000        102,154  

Nissin Foods Holdings Co. Ltd.

     1,900        158,201  

Niterra Co. Ltd.

     15,600        353,764  

Nitto Denko Corp.(a)

     5,900        387,785  

NOF Corp.

     2,800        112,131  

Nomura Holdings, Inc.

     126,100        506,259  

Nomura Real Estate Holdings, Inc.

     9,468        238,120  

NSK Ltd.

     27,000        152,202  

Obayashi Corp.

     32,600        287,605  

Oji Holdings Corp.

     27,662        116,598  

Open House Group Co. Ltd.

     3,100        105,407  

Oracle Corp.

     2,300        171,084  

Osaka Gas Co. Ltd.

     10,300        169,935  

Otsuka Corp.

     4,500        190,947  

Persol Holdings Co. Ltd.

     39,000        63,613  

Pola Orbis Holdings, Inc.

     6,500        78,253  

Resona Holdings, Inc.

     77,600        430,733  

Resonac Holdings Corp.(a)

     5,400        90,648  

Ricoh Co. Ltd.

     17,400        150,475  

Rohm Co. Ltd.

     7,600        143,469  

Rohto Pharmaceutical Co. Ltd.

     3,000        81,521  

Ryohin Keikaku Co. Ltd.

     8,500        110,248  

Sankyo Co. Ltd.

     2,700        124,013  

Santen Pharmaceutical Co. Ltd.

     14,900        137,143  

Sanwa Holdings Corp.

     7,000        93,255  

SBI Holdings, Inc.(a)

     22,300        470,433  

SCREEN Holdings Co. Ltd.

     3,600        175,652  

SCSK Corp.

     8,600        150,360  

Sega Sammy Holdings, Inc.

     8,100        149,760  

Seiko Epson Corp.(a)

     10,800        170,043  

Sekisui Chemical Co. Ltd.

     11,900        171,692  

Seven Bank Ltd.(a)

     81,600        170,008  

SG Holdings Co. Ltd.

     17,800        228,427  

Shimadzu Corp.

     4,700        125,102  

Shimamura Co. Ltd.

     1,200        118,774  

Shimizu Corp.

     19,200        133,747  

Shinko Electric Industries Co. Ltd.(a)

     1,900        74,141  

SHO-BOND Holdings Co. Ltd.

     1,400        55,127  

Sohgo Security Services Co. Ltd.

     16,800        101,571  

Sojitz Corp.(a)

     18,780        412,537  

Square Enix Holdings Co. Ltd.

     3,600        123,639  

Stanley Electric Co. Ltd.

     3,400        53,828  

SUMCO Corp.

     11,500        150,199  

Sumitomo Chemical Co. Ltd.

     72,200        196,920  

Sumitomo Electric Industries Ltd.

     24,412        294,711  

Sumitomo Forestry Co. Ltd.

     15,900        405,531  

Sumitomo Heavy Industries Ltd.

     8,700        221,078  

Sumitomo Metal Mining Co. Ltd.

     16,900      498,195  

Sumitomo Mitsui Trust Holdings, Inc.

     14,800        558,477  

Sumitomo Pharma Co. Ltd.

     10,790        38,735  

Sumitomo Realty & Development Co. Ltd.

     7,400        192,705  

Sumitomo Rubber Industries Ltd.

     8,700        96,255  

Sundrug Co. Ltd.

     3,300        89,673  

Suntory Beverage & Food Ltd.

     5,400        164,651  

T&D Holdings, Inc.

     23,351        386,197  

Taisei Corp.

     6,075        214,177  

Taiyo Yuden Co. Ltd.(a)

     2,500        67,834  

TechnoPro Holdings, Inc.

     3,200        69,758  

THK Co. Ltd.

     4,800        87,926  

TIS, Inc.

     4,600        101,510  

Tokyo Gas Co. Ltd.

     15,800        359,040  

Tokyo Tatemono Co. Ltd.

     9,800        135,811  

Tokyu Corp.

     6,500        75,095  

Tokyu Fudosan Holdings Corp.

     24,300        149,651  

Toray Industries, Inc.

     37,600        196,032  

Tosoh Corp.

     24,400        313,615  

TOTO Ltd.

     3,700        95,782  

Toyo Seikan Group Holdings Ltd.

     13,000        213,218  

Toyo Suisan Kaisha Ltd.

     1,600        62,885  

Toyota Boshoku Corp.

     7,300        133,354  

Toyota Tsusho Corp.

     12,000        707,254  

Trend Micro, Inc.

     5,030        191,054  

Tsuruha Holdings, Inc.

     800        53,852  

USS Co. Ltd.

     12,600        208,769  

West Japan Railway Co.

     4,700        194,803  

Yakult Honsha Co. Ltd.

     5,400        131,467  

Yamada Holdings Co. Ltd.

     38,200        117,627  

Yamaha Motor Co. Ltd.

     13,360        351,939  

Yamato Holdings Co. Ltd.

     7,500        122,382  

Yaskawa Electric Corp.(a)

     4,100        148,229  

Yokogawa Electric Corp.

     4,500        87,105  

Yokohama Rubber Co. Ltd.

     4,900        102,187  

ZOZO, Inc.(a)

     6,600        121,297  
     

 

 

 
Total Japan

 

     35,938,033  
Netherlands – 4.2%

 

Aalberts NV

     2,534        93,042  

Aegon NV(a)

     86,440        419,337  

Arcadis NV

     2,542        114,651  

ASM International NV(a)

     437        183,913  

ASR Nederland NV

     11,145        419,128  

BE Semiconductor Industries NV(a)

     4,611        454,016  

CTP NV(b)

     14,984        214,803  

Euronext NV(b)

     2,925        204,392  

IMCD NV(a)

     769        97,702  

Koninklijke KPN NV

     291,294        961,923  

Koninklijke Vopak NV

     7,473        256,508  

OCI NV*(a)

     30,510        852,462  

Randstad NV(a)

     16,434        911,386  

SBM Offshore NV(a)

     11,908        156,712  

Signify NV(b)

     5,522        149,142  
     

 

 

 
Total Netherlands

 

     5,489,117  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  
Norway – 2.4%

 

Aker ASA, Class A

     2,241      $ 138,893  

Gjensidige Forsikring ASA

     26,724        395,554  

Kongsberg Gruppen ASA

     2,079        86,201  

Leroy Seafood Group ASA

     30,437        128,374  

Mowi ASA

     18,352        326,912  

Norsk Hydro ASA

     93,961        593,390  

Orkla ASA

     34,451        258,945  

Salmar ASA

     7,050        360,025  

SpareBank 1 SR-Bank ASA

     11,894        137,150  

Storebrand ASA

     18,114        148,373  

TOMRA Systems ASA

     1,039        11,927  

Wallenius Wilhelmsen ASA

     12,652        100,590  

Yara International ASA

     14,278        543,836  
     

 

 

 
Total Norway

 

     3,230,170  
Portugal – 0.6%

 

Galp Energia SGPS SA

     36,276        539,237  

Navigator Co. SA

     49,704        187,763  
     

 

 

 
Total Portugal

 

     727,000  
Singapore – 4.8%

 

CapitaLand Ascendas REIT

     341,600        688,255  

CapitaLand Ascott Trust

     190,700        134,128  

CapitaLand Integrated Commercial Trust

     509,700        690,853  

City Developments Ltd.

     36,500        176,764  

ComfortDelGro Corp. Ltd.

     120,300        114,580  

Frasers Centrepoint Trust

     103,300        165,746  

Frasers Logistics & Commercial Trust

     365,300        286,373  

Genting Singapore Ltd.

     285,100        176,503  

Jardine Cycle & Carriage Ltd.

     23,111        540,651  

Keppel Corp. Ltd.

     85,700        426,962  

Keppel REIT

     327,600        205,215  

Mapletree Industrial Trust

     241,300        399,544  

Mapletree Logistics Trust

     241,600        297,376  

Mapletree Pan Asia Commercial Trust

     266,200        278,897  

Netlink NBN Trust

     248,600        152,996  

Olam Group Ltd.

     234,100        180,090  

Sembcorp Industries Ltd.

     61,900        230,838  

Singapore Exchange Ltd.

     55,200        394,315  

Singapore Technologies Engineering Ltd.

     151,900        435,145  

Suntec Real Estate Investment Trust

     248,800        211,450  

UOL Group Ltd.

     17,400        81,843  

Venture Corp. Ltd.

     11,100        100,599  
     

 

 

 
Total Singapore

 

     6,369,123  
Spain – 4.2%

 

Acciona SA

     1,745        222,996  

Acerinox SA

     22,237        215,752  

ACS Actividades de Construccion y Servicios SA

     32,076        1,157,033  

Banco de Sabadell SA

     191,317        222,914  

Bankinter SA(a)

     49,079        314,061  

Cia de Distribucion Integral Logista Holdings SA

     11,914        305,258  

CIE Automotive SA

     3,665        99,491  

Ebro Foods SA(a)

     4,873        82,033  

Enagas SA

     25,269        419,496  

Fluidra SA(a)

     8,631        177,004  

Fomento de Construcciones y Contratas SA(a)

     8,000      100,962  

Grupo Catalana Occidente SA

     5,411        174,731  

Inmobiliaria Colonial Socimi SA

     25,947        147,796  

Laboratorios Farmaceuticos Rovi SA

     2,002        108,842  

Mapfre SA(a)

     241,285        493,039  

Merlin Properties Socimi SA

     71,752        606,600  

Redeia Corp. SA

     31,047        489,614  

Unicaja Banco SA(b)

     74,517        80,394  

Viscofan SA(a)

     2,044        125,084  
     

 

 

 
Total Spain

 

     5,543,100  
Sweden – 3.6%

 

AAK AB(a)

     3,572        64,771  

Alfa Laval AB

     8,476        293,191  

Avanza Bank Holding AB(a)

     6,211        108,279  

Axfood AB

     8,409        193,812  

Beijer Ref AB(a)

     1,730        18,392  

Billerud Aktiebolag

     8,079        75,367  

Boliden AB

     11,637        336,818  

Epiroc AB, Class B

     8,662        139,687  

Fabege AB(a)

     16,552        133,035  

Hexpol AB

     17,145        153,314  

Holmen AB, Class B

     2,053        80,463  

Husqvarna AB, Class B(a)

     20,962        161,573  

Industrivarden AB, Class A

     6,577        174,835  

Industrivarden AB, Class C(a)

     4,316        114,652  

Indutrade AB

     4,251        79,313  

Investment AB Latour, Class B

     9,815        174,135  

Lifco AB, Class B

     4,866        85,973  

Nordnet AB publ

     10,495        139,493  

Saab AB, Class B

     1,627        83,385  

Sagax AB, Class B

     2,454        47,096  

Securitas AB, Class B(a)

     18,892        150,695  

SKF AB, Class B

     16,418        275,265  

SSAB AB, Class B

     92,193        510,005  

Svenska Cellulosa AB SCA, Class B

     9,332        128,802  

Sweco AB, Class B

     9,593        90,242  

Tele2 AB, Class B

     44,305        341,253  

Thule Group AB(a)(b)

     5,661        149,495  

Trelleborg AB, Class B

     5,116        128,180  

Volvo AB, Class A

     14,510        303,711  
     

 

 

 
Total Sweden

 

     4,735,232  
Switzerland – 4.8%

 

Allreal Holding AG, Registered Shares

     749        119,539  

Baloise Holding AG, Registered Shares

     3,434        498,883  

Banque Cantonale Vaudoise, Registered Shares(a)

     4,918        516,369  

BKW AG

     1,231        217,322  

Cembra Money Bank AG

     1,524        103,788  

Clariant AG, Registered Shares

     6,041        95,753  

Coca-Cola HBC AG

     10,275        282,050  

DKSH Holding AG

     2,578        174,863  

EFG International AG*

     18,675        212,309  

Galenica AG(b)

     2,247        166,413  

Georg Fischer AG, Registered Shares

     1,725        97,394  

Helvetia Holding AG, Registered Shares

     4,162        584,172  

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Julius Baer Group Ltd.

     10,941      $ 703,965  

Logitech International SA, Registered Shares

     2,998        207,382  

OC Oerlikon Corp. AG, Registered Shares(a)

     16,617        70,697  

PSP Swiss Property AG, Registered Shares

     2,192        259,264  

Schindler Holding AG, Participation Certificate

     963        192,642  

Schindler Holding AG, Registered Shares

     1,607        310,579  

SFS Group AG

     963        105,479  

SIG Group AG(a)

     8,032        198,781  

Stadler Rail AG

     2,954        115,473  

Swatch Group AG, Bearer Shares

     683        175,752  

Swatch Group AG, Registered Shares

     2,861        140,267  

Swiss Prime Site AG, Registered Shares

     3,061        280,904  

Temenos AG, Registered Shares

     1,144        80,560  

VAT Group AG(b)

     668        240,241  

Vontobel Holding AG, Registered Shares

     2,807        167,536  
     

 

 

 
Total Switzerland

 

     6,318,377  
United Kingdom – 8.6%

 

Airtel Africa PLC(b)

     180,521        276,741  

Associated British Foods PLC

     18,244        460,496  

Auto Trader Group PLC(b)

     14,846        111,911  

Balfour Beatty PLC

     28,839        112,990  

Beazley PLC

     17,955        121,299  

Bellway PLC

     6,670        185,942  

Big Yellow Group PLC

     8,107        92,865  

British Land Co. PLC

     49,110        189,954  

Britvic PLC

     14,347        152,698  

Bunzl PLC

     9,047        323,098  

Burberry Group PLC

     8,599        200,307  

Centrica PLC

     82,398        155,332  

Computacenter PLC

     4,035        124,600  

ConvaTec Group PLC(b)

     40,192        106,845  

Croda International PLC

     2,124        127,419  

DCC PLC

     2,977        167,471  

Dechra Pharmaceuticals PLC

     1,639        75,778  

Derwent London PLC

     3,334        78,416  

Diploma PLC

     2,369        86,860  

Dr. Martens PLC

     18,864        32,534  

Drax Group PLC

     23,088        123,654  

DS Smith PLC

     62,607        219,387  

Fresnillo PLC

     22,328        150,215  

Games Workshop Group PLC

     1,340        172,876  

Halma PLC

     2,455        58,086  

Harbour Energy PLC

     42,652        134,260  

Hargreaves Lansdown PLC

     19,961        188,378  

Howden Joinery Group PLC

     18,856        169,480  

IMI PLC

     5,077        97,165  

Inchcape PLC

     18,019        166,818  

Informa PLC

     7,590        69,517  

InterContinental Hotels Group PLC

     4,668        346,068  

Intertek Group PLC

     3,733        187,356  

Investec PLC

     33,841        198,964  

ITV PLC

     272,092        234,530  

J Sainsbury PLC

     139,680        430,990  

Kingfisher PLC

     99,571        271,379  

Land Securities Group PLC

     41,208        296,648  

Mondi PLC

     16,240      272,053  

Next PLC

     4,520        402,512  

OSB Group PLC

     42,877        171,340  

Pearson PLC

     14,188        150,382  

Pennon Group PLC

     8,757        62,634  

Renishaw PLC

     1,490        64,052  

Rentokil Initial PLC

     22,044        164,179  

Rightmove PLC

     13,442        92,238  

Rotork PLC

     17,652        67,350  

RS Group PLC

     10,687        95,926  

Sage Group PLC

     24,145        291,460  

Schroders PLC

     55,985        278,250  

Segro PLC

     33,823        296,987  

Severn Trent PLC

     9,343        269,695  

Smith & Nephew PLC

     25,916        323,593  

Smiths Group PLC

     8,750        172,959  

Spectris PLC

     2,553        105,759  

Spirax-Sarco Engineering PLC

     957        111,270  

St. James’s Place PLC

     23,559        239,298  

Tate & Lyle PLC

     11,108        92,939  

Tritax Big Box REIT PLC

     81,832        139,632  

Unite Group PLC

     16,621        182,074  

United Utilities Group PLC

     27,087        313,485  

Weir Group PLC

     4,384        101,747  

Whitbread PLC

     3,324        140,538  
     

 

 

 
Total United Kingdom

 

     11,301,679  

TOTAL COMMON STOCKS

(Cost: $130,500,667)

 

 

     131,096,939  
RIGHTS – 0.0%

 

Italy – 0.0%

 

Brembo SpA, expiring 10/3/23*
(Cost: $0)
     7,849        0  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 8.8%

 

United States – 8.8%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $11,573,128)      11,573,128        11,573,128  

TOTAL INVESTMENTS IN SECURITIES – 108.1%

(Cost: $142,073,795)

 

 

     142,670,067  

Other Assets less Liabilities – (8.1)%

 

     (10,668,187
     

 

 

 
NET ASSETS – 100.0%

 

   $ 132,001,880  

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $174,873, which represents 0.13% of net assets.

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $20,268,095 and the total market value of the collateral held by the Fund was $21,288,038. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $9,714,910.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments (unaudited) (concluded)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2023

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

France

   $ 6,847,025      $      $ 174,873 *     $ 7,021,898  

Japan

     35,835,467        102,566               35,938,033  

Other

     88,137,008                      88,137,008  

Rights

                   0 *       0  

Investment of Cash Collateral for Securities Loaned

            11,573,128               11,573,128  

Total Investments in Securities

   $ 130,819,500      $ 11,675,694      $ 174,873      $ 142,670,067  
*

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.6%      
Australia – 8.7%      

Aristocrat Leisure Ltd.

     6,816      $ 179,701  

BlueScope Steel Ltd.

     7,776        97,562  

Brambles Ltd.

     26,333        243,373  

Cochlear Ltd.(a)

     1,485        244,703  

Coles Group Ltd.

     11,449        114,976  

Computershare Ltd.

     9,618        161,146  

EBOS Group Ltd.(a)

     10,075        207,032  

Lottery Corp. Ltd.

     71,856        218,894  

Medibank Pvt Ltd.

     71,148        157,961  

Orica Ltd.

     20,056        201,799  

Origin Energy Ltd.

     11,586        65,653  

Pilbara Minerals Ltd.(a)

     22,141        61,446  

Qantas Airways Ltd.*

     43,088        144,051  

QBE Insurance Group Ltd.

     26,162        265,263  

Reece Ltd.(a)

     8,970        107,853  

Suncorp Group Ltd.

     29,620        267,061  

Telstra Group Ltd.

     90,729        225,442  

Woodside Energy Group Ltd.

     15,098        355,568  

Woolworths Group Ltd.

     4,819        116,072  
     

 

 

 
Total Australia               3,435,556  
Austria – 0.6%      

Erste Group Bank AG

     5,006        173,950  

Verbund AG

     890        72,603  
     

 

 

 
Total Austria               246,553  
China – 1.7%      

BOC Hong Kong Holdings Ltd.

     125,500        343,721  

SITC International Holdings Co. Ltd.

     84,000        141,147  

Wilmar International Ltd.

     63,100        172,440  
     

 

 

 
Total China               657,308  
Denmark – 0.3%      

Carlsberg AS, Class B

     986        124,790  
Finland – 1.3%      

Elisa Oyj

     4,898        227,603  

Fortum Oyj(a)

     1,248        14,528  

Orion Oyj, Class B

     6,398        252,124  
     

 

 

 
Total Finland               494,255  
France – 11.1%      

AXA SA

     16,253        484,918  

Carrefour SA

     16,776        289,247  

Cie de Saint-Gobain SA

     5,062        304,842  

Danone SA

     5,918        327,445  

Dassault Aviation SA

     1,580        298,432  

Eiffage SA

     4,138        394,475  

Ipsen SA

     3,454        454,190  

La Francaise des Jeux SAEM(b)

     9,912        323,225  

Orange SA

     31,088        357,451  

Publicis Groupe SA

     3,574        271,538  

Sanofi

     4,667        501,432  

Sodexo SA

     3,347        345,575  
     

 

 

 
Total France               4,352,770  
Germany – 6.0%      

Beiersdorf AG

     1,188      153,640  

Brenntag SE

     2,720        211,608  

Deutsche Lufthansa AG, Registered Shares*

     14,172        112,625  

Deutsche Telekom AG, Registered Shares

     21,796        458,484  

E.ON SE

     22,216        263,437  

GEA Group AG

     4,346        160,862  

Hannover Rueck SE

     1,646        362,308  

Heidelberg Materials AG

     1,689        131,471  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

     644        251,665  

Talanx AG

     3,921        249,081  
     

 

 

 
Total Germany               2,355,181  
Hong Kong – 1.3%      

Hong Kong & China Gas Co. Ltd.

     320,000        223,089  

Jardine Matheson Holdings Ltd.

     4,700        218,174  

WH Group Ltd.(b)

     167,000        87,638  
     

 

 

 
Total Hong Kong               528,901  
Ireland – 0.4%      

AIB Group PLC

     34,980        157,769  
Israel – 1.0%      

Check Point Software Technologies Ltd.*

     2,989        398,374  
Italy – 1.7%      

Assicurazioni Generali SpA

     15,106        309,714  

Enel SpA

     22,536        138,865  

Poste Italiane SpA(b)

     22,061        232,823  
     

 

 

 
Total Italy               681,402  
Japan – 25.3%      

AGC, Inc.

     3,900        137,052  

ANA Holdings, Inc.*(a)

     6,800        142,767  

Asahi Group Holdings Ltd.

     1,100        41,206  

Canon, Inc.

     12,300        297,145  

Central Japan Railway Co.

     5,700        138,847  

Chubu Electric Power Co., Inc.

     7,600        97,123  

Daiwa House Industry Co. Ltd.

     6,000        161,434  

Dentsu Group, Inc.

     2,600        76,663  

Disco Corp.

     300        55,446  

East Japan Railway Co.(a)

     1,500        85,994  

Fuji Electric Co. Ltd.

     1,100        49,728  

Hankyu Hanshin Holdings, Inc.

     3,200        109,386  

Hitachi Ltd.

     1,200        74,585  

Inpex Corp.

     25,200        380,976  

Japan Airlines Co. Ltd.

     6,200        120,822  

Japan Tobacco, Inc.

     3,900        89,904  

JFE Holdings, Inc.

     3,000        44,048  

Kajima Corp.

     9,300        151,661  

Kansai Electric Power Co., Inc.

     3,200        44,550  

Kawasaki Kisen Kaisha Ltd.(a)

     1,100        37,624  

KDDI Corp.

     2,600        79,747  

Kintetsu Group Holdings Co. Ltd.(a)

     4,200        119,280  

Kirin Holdings Co. Ltd.

     5,300        74,337  

Komatsu Ltd.

     2,900        78,571  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (unaudited) (continued)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2023

 

 

 

Investments    Shares      Value  

Marubeni Corp.

     2,700      $ 42,194  

Mazda Motor Corp.

     4,700        53,433  

McDonald’s Holdings Co. Japan Ltd.(a)

     3,400        130,099  

MEIJI Holdings Co. Ltd.

     6,000        149,412  

Mitsubishi Chemical Group Corp.(a)

     19,300        121,924  

Mitsubishi Corp.

     1,200        57,320  

Mitsubishi Heavy Industries Ltd.

     2,000        111,858  

Mitsui OSK Lines Ltd.(a)

     1,800        49,576  

Mizuho Financial Group, Inc.

     11,300        192,416  

MS&AD Insurance Group Holdings, Inc.(a)

     5,400        198,847  

NEC Corp.

     2,100        116,255  

NGK Insulators Ltd.

     4,700        62,425  

NIPPON EXPRESS HOLDINGS, Inc.

     2,600        135,954  

Nippon Steel Corp.(a)

     2,500        58,720  

Nippon Telegraph & Telephone Corp.

     123,200        145,801  

Nippon Yusen KK(a)

     3,100        80,728  

Nisshin Seifun Group, Inc.

     6,000        76,616  

Nissin Foods Holdings Co. Ltd.

     900        74,937  

Nitto Denko Corp.(a)

     600        39,436  

Obayashi Corp.

     19,600        172,916  

Odakyu Electric Railway Co. Ltd.(a)

     5,800        86,849  

Oji Holdings Corp.

     72,800        306,860  

Ono Pharmaceutical Co. Ltd.

     11,300        217,178  

Oracle Corp.

     3,400        252,907  

Osaka Gas Co. Ltd.

     7,300        120,440  

Otsuka Corp.

     2,400        101,838  

Otsuka Holdings Co. Ltd.

     4,700        167,339  

Panasonic Holdings Corp.

     5,500        61,994  

Renesas Electronics Corp.*

     12,000        183,790  

SCSK Corp.

     21,400        374,150  

Secom Co. Ltd.

     2,300        156,287  

Seiko Epson Corp.(a)

     16,500        259,787  

Sekisui Chemical Co. Ltd.

     9,000        129,851  

Sekisui House Ltd.

     7,100        141,643  

SG Holdings Co. Ltd.

     5,500        70,581  

Shimizu Corp.

     16,500        114,939  

Shionogi & Co. Ltd.

     5,500        246,427  

Subaru Corp.

     3,300        64,264  

SUMCO Corp.

     8,500        111,017  

Sumitomo Corp.

     3,100        61,990  

Sumitomo Mitsui Trust Holdings, Inc.

     4,400        166,034  

Takeda Pharmaceutical Co. Ltd.(a)

     7,300        227,035  

TIS, Inc.

     9,200        203,020  

Tobu Railway Co. Ltd.

     4,500        115,859  

Toho Co. Ltd.

     1,400        47,866  

Tokio Marine Holdings, Inc.

     6,300        146,286  

Tokyo Gas Co. Ltd.

     3,700        84,079  

Toshiba Corp.*(a)

     15,700        484,283  

Toyota Tsusho Corp.

     1,000        58,938  

USS Co. Ltd.

     4,500        74,560  

West Japan Railway Co.(a)

     2,800        116,053  

Yakult Honsha Co. Ltd.

     6,800        165,551  

Yokogawa Electric Corp.

     4,200        81,298  
     

 

 

 
Total Japan               9,960,756  
Jordan – 0.8%      

Hikma Pharmaceuticals PLC

     13,018      331,765  
Netherlands – 2.9%      

ABN AMRO Bank NV, CVA(b)

     11,589        164,907  

JDE Peet’s NV(a)

     6,107        170,826  

Koninklijke Ahold Delhaize NV(a)

     10,817        326,625  

Koninklijke KPN NV

     74,554        246,195  

Wolters Kluwer NV(a)

     1,874        227,477  
     

 

 

 
Total Netherlands               1,136,030  
New Zealand – 0.6%      

Spark New Zealand Ltd.

     85,788        247,935  
Norway – 2.7%      

Equinor ASA

     10,849        358,019  

Kongsberg Gruppen ASA

     2,970        123,145  

Orkla ASA

     52,115        391,713  

Telenor ASA

     16,881        192,751  
     

 

 

 
Total Norway               1,065,628  
Portugal – 1.1%      

Jeronimo Martins SGPS SA

     18,955        426,659  
Russia – 0.0%      

Evraz PLC*

     17,300        0  
Singapore – 3.9%      

DBS Group Holdings Ltd.

     6,800        167,596  

Genting Singapore Ltd.

     217,000        134,343  

Keppel Corp. Ltd.

     11,200        55,799  

Oversea-Chinese Banking Corp. Ltd.

     25,400        238,387  

Singapore Airlines Ltd.

     33,900        160,447  

Singapore Exchange Ltd.

     27,400        195,729  

Singapore Technologies Engineering Ltd.

     32,800        93,961  

Singapore Telecommunications Ltd.

     64,500        114,360  

United Overseas Bank Ltd.

     9,200        192,102  

Venture Corp. Ltd.

     19,300        174,915  
     

 

 

 
Total Singapore               1,527,639  
Spain – 3.7%      

Banco Bilbao Vizcaya Argentaria SA

     29,013        236,832  

Corp. ACCIONA Energias Renovables SA(a)

     6,998        180,783  

Endesa SA(a)

     12,696        259,092  

Iberdrola SA

     25,742        288,760  

Industria de Diseno Textil SA

     6,674        249,363  

Naturgy Energy Group SA(a)

     8,834        240,933  
     

 

 

 
Total Spain               1,455,763  
Sweden – 2.0%

 

Essity AB, Class B

     3,537        76,801  

Investor AB, Class A

     13,246        252,991  

Saab AB, Class B

     1,714        87,844  

Swedbank AB, Class A

     10,573        195,904  

Tele2 AB, Class B

     22,212        171,085  
     

 

 

 
Total Sweden               784,625  
Switzerland – 7.7%      

Banque Cantonale Vaudoise, Registered Shares(a)

     3,691        387,539  

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2023

 

 

 

Investments    Shares      Value  

BKW AG

     1,606      $ 283,525  

Coca-Cola HBC AG

     6,999        192,124  

Helvetia Holding AG, Registered Shares

     2,066        289,981  

Holcim AG, Registered Shares*

     3,625        232,922  

Nestle SA, Registered Shares

     1,945        220,567  

Novartis AG, Registered Shares

     6,634        680,732  

Roche Holding AG

     1,099        300,879  

Swisscom AG, Registered Shares

     758        450,922  
     

 

 

 
Total Switzerland               3,039,191  
United Kingdom – 12.6%      

AstraZeneca PLC

     1,914        259,357  

BAE Systems PLC

     21,782        265,275  

British American Tobacco PLC

     6,421        201,963  

Bunzl PLC

     6,339        226,387  

Centrica PLC

     71,716        135,195  

CK Hutchison Holdings Ltd.

     51,500        275,522  

Coca-Cola Europacific Partners PLC

     4,153        259,479  

Compass Group PLC

     12,839        313,413  

HSBC Holdings PLC

     45,340        356,886  

Imperial Brands PLC

     16,950        344,874  

InterContinental Hotels Group PLC

     2,724        201,947  

J Sainsbury PLC

     23,704        73,140  

National Grid PLC

     47,090        563,262  

Pearson PLC

     18,511        196,203  

Reckitt Benckiser Group PLC

     3,095        218,874  

Rolls-Royce Holdings PLC*

     30,273        81,622  

SSE PLC

     7,350        144,434  

Tesco PLC

     119,463        385,231  

Unilever PLC

     5,392        267,328  

Vodafone Group PLC

     200,811        188,286  
     

 

 

 
Total United Kingdom               4,958,678  
United States – 1.2%      

GSK PLC

     17,599      $ 320,488  

Stellantis NV

     8,471        163,320  
     

 

 

 
Total United States               483,808  
TOTAL COMMON STOCKS
(Cost: $37,762,823)
              38,851,336  
PREFERRED STOCK – 0.4%      
Germany – 0.4%      
Henkel AG & Co. KGaA
(Cost: $152,961)
     2,045        146,060  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.2%

 

United States – 3.2%      

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $1,283,356)      1,283,356        1,283,356  

TOTAL INVESTMENTS IN SECURITIES – 102.2%

(Cost: $39,199,140)

 

 

     40,280,752  

Other Assets less Liabilities – (2.2)%

 

     (872,740
     

 

 

 
NET ASSETS – 100.0%

 

   $ 39,408,012  

 

* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $3,381,058 and the total market value of the collateral held by the Fund was $3,551,505. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,268,149.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/4/2023       2,201,771       GBP       2,698,529       USD     $     $ (11,143

Bank of America NA

    10/4/2023       87,100       NOK       1,214,856       JPY       44        

Bank of America NA

    10/4/2023       229,400       SEK       19,867       EUR       81        

Bank of America NA

    10/4/2023       3,489       SGD       18,000       DKK       0 ^       

Bank of America NA

    10/4/2023       29,359       SGD       17,600       GBP       28        

Bank of America NA

    10/4/2023       5,597,452       USD       5,142,418       EUR       152,697        

Bank of America NA

    11/3/2023       4,679,883       USD       3,817,685       GBP       19,319        

Bank of Montreal

    10/4/2023       8,330       CHF       8,608       EUR             (8

Barclays Bank PLC

    10/4/2023       58,500       AUD       5,621,557       JPY       84        

Barclays Bank PLC

    10/4/2023       148,700       HKD       2,836,303       JPY             (20

Citibank NA

    10/4/2023       8,662       CHF       9,491       USD             (22

Citibank NA

    10/4/2023       2,326       DKK       330       USD       0 ^       

Citibank NA

    10/4/2023       37,500       EUR       39,679       USD       26        

Citibank NA

    10/4/2023       14,900       GBP       18,176       USD       10        

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments (unaudited) (continued)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2023

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Citibank NA

    10/4/2023       6,283,085       JPY       42,240       USD     $     $ (128

Citibank NA

    10/4/2023       37,837       NOK       3,498       USD       58        

Citibank NA

    10/4/2023       3,559       NZD       2,119       USD       20        

Citibank NA

    10/4/2023       35,930       SEK       3,251       USD       56        

Citibank NA

    10/4/2023       7,850       SGD       5,742       USD       10        

Citibank NA

    10/4/2023       2,716,705       USD       2,142,313       GBP       101,890        

Citibank NA

    10/5/2023       21,349       AUD       13,679       USD       100        

Citibank NA

    10/5/2023       2,540,659       USD       3,912,887       AUD       15,193        

HSBC Holdings PLC

    10/4/2023       1,326,984       CHF       1,454,889       USD             (4,165

HSBC Holdings PLC

    10/4/2023       6,160       NZD       551,662       JPY       4        

HSBC Holdings PLC

    10/4/2023       5,297,548       SEK       487,068       USD       566        

HSBC Holdings PLC

    10/4/2023       6,486,683       USD       941,908,340       JPY       173,677        

HSBC Holdings PLC

    10/4/2023       854,222       USD       1,152,382       SGD       9,887        

HSBC Holdings PLC

    10/5/2023       3,068,526       AUD       1,990,990       USD             (10,494

HSBC Holdings PLC

    11/3/2023       3,225,604       USD       4,966,290       AUD       16,993        

HSBC Holdings PLC

    11/3/2023       2,132,680       USD       1,939,014       CHF       6,114        

HSBC Holdings PLC

    11/3/2023       675,447       USD       7,337,514       SEK             (787

Morgan Stanley & Co. International

    10/4/2023       659,230       DKK       93,694       USD             (91

Morgan Stanley & Co. International

    10/4/2023       5,515,066       EUR       5,846,037       USD             (6,725

Morgan Stanley & Co. International

    10/4/2023       38,269,591       JPY       260,238       USD             (3,741

Morgan Stanley & Co. International

    10/4/2023       922,431,812       JPY       6,184,205       USD             (1,738

Morgan Stanley & Co. International

    10/4/2023       6,950,609       NOK       654,673       USD             (1,454

Morgan Stanley & Co. International

    10/4/2023       1,156,462       SGD       848,480       USD             (1,156

Morgan Stanley & Co. International

    10/4/2023       94,024       USD       643,302       DKK       2,683        

Morgan Stanley & Co. International

    10/4/2023       288,264       USD       268,208       EUR       4,287        

Morgan Stanley & Co. International

    10/4/2023       312,081       USD       523,803       NZD             (2,646

Morgan Stanley & Co. International

    10/4/2023       197,551       USD       2,148,364       SEK             (204

Morgan Stanley & Co. International

    10/4/2023       292,768       USD       3,253,714       SEK             (6,733

Morgan Stanley & Co. International

    10/5/2023       834,063       AUD       535,990       USD       2,333        

Morgan Stanley & Co. International

    11/3/2023       113,723       USD       798,903       DKK       112        

Morgan Stanley & Co. International

    11/3/2023       10,445,306       USD       9,841,788       EUR       12,026        

Morgan Stanley & Co. International

    11/3/2023       933,908       USD       9,906,983       NOK       2,080        

Morgan Stanley & Co. International

    11/3/2023       846,770       USD       1,152,606       SGD       1,156        

Morgan Stanley & Co. International

    11/6/2023       8,953,119       USD       1,328,441,235       JPY       2,360        

UBS AG

    10/4/2023       513,937       NZD       309,962       USD             (1,163

UBS AG

    10/4/2023       1,464,380       USD       1,287,528       CHF       56,791        

UBS AG

    10/4/2023       658,171       USD       6,995,018       NOK       778        

UBS AG

    11/3/2023       403,201       USD       668,522       NZD       1,513        
                                            $ 582,976     $ (52,418

 

^ 

Amount represents less than $1. 

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2023

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

Russia

   $      $      $ 0 *     $ 0  

Other

     38,851,336                      38,851,336  

Preferred Stock

     146,060                      146,060  

Investment of Cash Collateral for Securities Loaned

            1,283,356               1,283,356  

Total Investments in Securities

   $ 38,997,396      $ 1,283,356      $ 0      $ 40,280,752  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 582,976      $      $ 582,976  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (52,418    $      $ (52,418

Total – Net

   $ 38,997,396      $ 1,813,914      $ 0      $ 40,811,310  

 

*

Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

1

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      59  


Schedule of Investments (unaudited)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
Australia – 5.4%      

Altium Ltd.

     17,170      $ 478,832  

ARB Corp. Ltd.(a)

     20,385        411,535  

Aristocrat Leisure Ltd.

     86,796        2,288,341  

AUB Group Ltd.

     23,566        443,205  

Breville Group Ltd.(a)

     18,201        258,432  

Cochlear Ltd.

     8,416        1,386,818  

Coles Group Ltd.

     397,131        3,988,157  

Computershare Ltd.

     119,654        2,004,753  

CSL Ltd.

     44,991        7,282,526  

Goodman Group

     310,067        4,292,514  

IDP Education Ltd.(a)

     27,520        379,739  

Netwealth Group Ltd.

     44,789        436,493  

Northern Star Resources Ltd.

     253,998        1,714,711  

Pinnacle Investment Management Group Ltd.(a)

     82,510        479,267  

REA Group Ltd.(a)

     17,148        1,707,908  

Seven Group Holdings Ltd.

     84,222        1,693,216  

Technology One Ltd.

     46,119        461,658  

Washington H Soul Pattinson & Co. Ltd.(a)

     84,564        1,778,684  

Wesfarmers Ltd.

     406,549        13,869,760  

WiseTech Global Ltd.

     6,196        260,128  
     

 

 

 
Total Australia               45,616,677  
Austria – 0.3%      

Oesterreichische Post AG

     38,157        1,254,381  

Verbund AG

     19,222        1,568,067  
     

 

 

 
Total Austria               2,822,448  
Belgium – 0.7%      

Etablissements Franz Colruyt NV

     46,162        2,001,880  

UCB SA

     24,064        1,975,545  

VGP NV

     18,817        1,752,184  
     

 

 

 
Total Belgium               5,729,609  
China – 0.6%      

BOC Aviation Ltd.(b)

     256,200        1,787,742  

Prosus NV*

     125,626        3,713,543  
     

 

 

 
Total China               5,501,285  
Denmark – 5.1%      

Alm Brand AS

     395,836        595,170  

Chr Hansen Holding AS

     18,305        1,123,791  

Coloplast AS, Class B

     32,415        3,440,688  

Novo Nordisk AS, Class B

     351,170        32,104,493  

Novozymes AS, Class B

     18,696        755,729  

Pandora AS

     34,103        3,542,389  

Royal Unibrew AS

     14,756        1,143,489  
     

 

 

 
Total Denmark               42,705,749  
Finland – 1.7%      

Kone Oyj, Class B

     177,059        7,483,452  

Neste Oyj(a)

     120,459        4,097,731  

Terveystalo Oyj(a)(b)

     46,135        369,271  

Valmet Oyj(a)

     93,904        2,153,456  
     

 

 

 
Total Finland               14,103,910  
France – 12.9%      

Bollore SE

     297,931      1,605,561  

Capgemini SE

     19,817        3,478,691  

Carrefour SA

     183,915        3,171,015  

Gaztransport & Technigaz SA

     9,996        1,232,950  

Hermes International SCA

     5,235        9,587,514  

Kering SA

     26,704        12,211,049  

L’Oreal SA

     59,345        24,705,354  

La Francaise des Jeux SAEM(b)

     60,534        1,973,984  

LVMH Moet Hennessy Louis Vuitton SE

     60,088        45,576,059  

Sartorius Stedim Biotech

     2,654        635,043  

Teleperformance SE

     5,775        730,045  

Verallia SA(b)

     37,499        1,480,093  

Vivendi SE

     272,294        2,391,665  
     

 

 

 
Total France               108,779,023  
Germany – 5.3%      

adidas AG

     56,123        9,900,599  

AIXTRON SE

     11,084        408,619  

Bechtle AG

     16,231        760,245  

Carl Zeiss Meditec AG, Bearer Shares

     5,112        448,249  

Fielmann Group AG

     33,783        1,462,186  

Nemetschek SE

     7,779        476,701  

Puma SE

     21,941        1,365,926  

Rheinmetall AG

     8,265        2,134,264  

SAP SE

     204,290        26,564,989  

Stroeer SE & Co. KGaA

     25,137        1,120,441  
     

 

 

 
Total Germany               44,642,219  
Hong Kong – 3.3%      

CLP Holdings Ltd.

     1,295,500        9,585,759  

Hong Kong Exchanges & Clearing Ltd.

     367,000        13,711,217  

Techtronic Industries Co. Ltd.

     467,500        4,536,604  
     

 

 

 
Total Hong Kong               27,833,580  
Indonesia – 0.1%      

Nickel Industries Ltd.

     1,601,037        774,982  
Ireland – 0.1%      

Kerry Group PLC, Class A

     14,037        1,176,747  
Israel – 0.2%      

Matrix IT Ltd.

     40,790        835,729  

Maytronics Ltd.

     35,996        378,492  

Strauss Group Ltd.*

     30,267        636,585  
     

 

 

 
Total Israel               1,850,806  
Italy – 2.7%      

Amplifon SpA(a)

     16,316        485,761  

Azimut Holding SpA

     90,322        1,977,596  

Banca Generali SpA

     62,029        2,200,709  

Banca Mediolanum SpA

     392,663        3,368,260  

Davide Campari-Milano NV

     68,940        814,936  

De’ Longhi SpA

     62,725        1,369,376  

Ferrari NV

     11,392        3,373,540  

FinecoBank Banca Fineco SpA

     149,201        1,818,985  

Italgas SpA

     360,217        1,850,455  

Moncler SpA

     28,705        1,673,959  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2023

 

 

 

Investments    Shares      Value  

RAI Way SpA(b)

     259,944      $ 1,362,318  

Recordati Industria Chimica e Farmaceutica SpA

     42,903        2,030,887  

Reply SpA

     2,039        192,240  

Technogym SpA(b)

     52,119        403,925  
     

 

 

 
Total Italy               22,922,947  
Japan – 7.8%      

Anritsu Corp.(a)

     45,900        328,352  

ARE Holdings, Inc.(a)

     48,200        612,735  

Astellas Pharma, Inc.

     374,200        5,200,810  

BayCurrent Consulting, Inc.

     10,700        358,376  

Benefit One, Inc.

     14,200        102,914  

BIPROGY, Inc.

     40,900        1,023,425  

Capcom Co. Ltd.

     44,800        1,616,673  

Create SD Holdings Co. Ltd.

     7,000        159,022  

CyberAgent, Inc.(a)

     53,000        286,372  

Daifuku Co. Ltd.

     46,400        879,804  

Daito Trust Construction Co. Ltd.

     21,300        2,248,115  

Daiwabo Holdings Co. Ltd.

     46,500        892,763  

eRex Co. Ltd.(a)

     1,700        8,738  

Fancl Corp.

     9,600        146,935  

Fujimi, Inc.(a)

     20,100        404,761  

Fujitsu Ltd.(a)

     24,400        2,877,802  

Goldwin, Inc.(a)

     4,800        326,165  

Hoya Corp.

     20,800        2,136,103  

Information Services International-Dentsu Ltd.

     5,600        214,656  

Internet Initiative Japan, Inc.

     14,600        236,525  

Japan Material Co. Ltd.

     10,600        162,951  

Kakaku.com, Inc.(a)

     42,700        434,082  

Kao Corp.

     102,200        3,801,724  

Keyence Corp.

     8,300        3,086,949  

Koei Tecmo Holdings Co. Ltd.(a)

     63,400        903,044  

Kose Corp.

     3,600        261,873  

M3, Inc.

     19,100        347,633  

Meitec Corp.

     43,200        782,796  

MIRAIT ONE Corp.

     47,900        631,230  

MonotaRO Co. Ltd.

     41,000        439,742  

Morinaga & Co. Ltd.

     11,100        401,824  

Murata Manufacturing Co. Ltd.

     359,100        6,579,189  

NEC Networks & System Integration Corp.

     57,400        755,461  

NET One Systems Co. Ltd.

     12,900        245,336  

Nexon Co. Ltd.

     44,100        790,091  

Nifco, Inc.

     17,700        458,913  

Nihon M&A Center Holdings, Inc.

     44,200        213,114  

Nippon Gas Co. Ltd.(a)

     44,000        653,403  

Nippon Shinyaku Co. Ltd.

     8,100        343,541  

Nissan Chemical Corp.

     42,000        1,789,767  

Nomura Research Institute Ltd.

     60,900        1,588,767  

NSD Co. Ltd.

     43,700        830,512  

Obic Co. Ltd.

     7,400        1,124,939  

Open House Group Co. Ltd.

     42,400        1,441,699  

Oracle Corp.

     21,100        1,569,509  

Osaka Gas Co. Ltd.

     104,800        1,729,051  

Persol Holdings Co. Ltd.

     439,000        716,050  

Recruit Holdings Co. Ltd.

     63,400      1,958,188  

Relo Group, Inc.

     14,500        157,268  

Rohto Pharmaceutical Co. Ltd.

     17,000        461,953  

Sega Sammy Holdings, Inc.

     52,300        966,967  

Seria Co. Ltd.

     17,500        258,234  

Shinko Electric Industries Co. Ltd.(a)

     17,600        686,780  

Sugi Holdings Co. Ltd.

     5,100        203,043  

SUMCO Corp.

     105,400        1,376,610  

Taiheiyo Cement Corp.

     46,700        829,318  

Taiyo Yuden Co. Ltd.(a)

     41,200        1,117,901  

TechnoPro Holdings, Inc.

     17,200        374,948  

Terumo Corp.

     50,800        1,349,106  

TIS, Inc.

     41,500        915,795  

Unicharm Corp.

     48,100        1,705,459  

West Holdings Corp.

     3,300        71,097  

Workman Co. Ltd.(a)

     8,900        271,071  

ZOZO, Inc.(a)

     56,400        1,036,535  
     

 

 

 
Total Japan               65,884,509  
Netherlands – 5.5%      

ASM International NV

     4,090        1,721,289  

ASML Holding NV

     35,200        20,836,540  

BE Semiconductor Industries NV

     42,909        4,224,981  

Corbion NV

     12,056        240,735  

Koninklijke KPN NV

     1,786,052        5,897,975  

SBM Offshore NV

     117,814        1,550,463  

Universal Music Group NV(a)

     309,122        8,093,707  

Wolters Kluwer NV

     33,600        4,078,559  
     

 

 

 
Total Netherlands               46,644,249  
Norway – 0.6%      

Kongsberg Gruppen ASA

     16,174        670,620  

Leroy Seafood Group ASA

     243,469        1,026,881  

Salmar ASA

     57,138        2,917,886  

TOMRA Systems ASA

     29,821        342,326  
     

 

 

 
Total Norway               4,957,713  
Portugal – 0.5%      

Corticeira Amorim SGPS SA(a)

     36,589        376,927  

Jeronimo Martins SGPS SA

     174,872        3,936,198  
     

 

 

 
Total Portugal               4,313,125  
Singapore – 1.0%      

Kenon Holdings Ltd.

     50,783        1,173,865  

Singapore Exchange Ltd.

     365,500        2,610,906  

Singapore Technologies Engineering Ltd.

     1,419,996        4,067,832  

StarHub Ltd.

     795,300        646,775  
     

 

 

 
Total Singapore               8,499,378  
Spain – 4.8%      

CIE Automotive SA

     32,034        869,606  

Industria de Diseno Textil SA

     1,028,146        38,414,916  

Laboratorios Farmaceuticos Rovi SA

     8,386        455,920  

Viscofan SA(a)

     9,966        609,877  
     

 

 

 
Total Spain               40,350,319  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (unaudited) (continued)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2023

 

 

 

Investments    Shares      Value  
Sweden – 5.5%

 

AAK AB

     32,764      $ 594,108  

AddTech AB, Class B(a)

     34,355        554,021  

Alfa Laval AB

     80,351        2,779,395  

Assa Abloy AB, Class B

     172,287        3,777,431  

Atlas Copco AB, Class A

     419,750        5,689,161  

Atlas Copco AB, Class B

     264,307        3,118,882  

Avanza Bank Holding AB(a)

     58,405        1,018,198  

Beijer Ref AB(a)

     26,090        277,369  

Bilia AB, Class A

     55,103        540,166  

Elekta AB, Class B

     110,692        758,243  

Epiroc AB, Class A

     117,882        2,256,904  

Epiroc AB, Class B

     64,270        1,036,441  

Essity AB, Class B

     143,928        3,125,183  

Evolution AB(b)

     27,499        2,800,473  

Husqvarna AB, Class B(a)

     205,566        1,584,479  

Instalco AB

     43,839        131,143  

Investment AB Latour, Class B

     88,298        1,566,562  

Loomis AB

     20,933        567,631  

Nibe Industrier AB, Class B

     85,542        565,335  

Nolato AB, Class B

     72,584        299,444  

Nordnet AB publ

     87,311        1,160,482  

Sagax AB, Class B

     29,890        573,633  

Sandvik AB

     266,943        4,953,490  

Securitas AB, Class B

     188,067        1,500,146  

Telefonaktiebolaget LM Ericsson, Class B(a)

     1,116,977        5,482,998  
     

 

 

 
Total Sweden               46,711,318  
Switzerland – 18.4%      

ABB Ltd., Registered Shares

     448,487        16,080,426  

Coca-Cola HBC AG

     85,732        2,353,357  

Geberit AG, Registered Shares

     7,426        3,725,988  

Givaudan SA, Registered Shares

     1,545        5,056,548  

Logitech International SA, Registered Shares

     26,241        1,815,184  

Lonza Group AG, Registered Shares

     3,032        1,410,603  

Nestle SA, Registered Shares

     291,287        33,032,481  

Novartis AG, Registered Shares

     388,186        39,832,772  

Partners Group Holding AG

     7,507        8,489,278  

Roche Holding AG

     77,824        21,306,319  

Roche Holding AG, Bearer Shares

     11,030        3,248,231  

Schindler Holding AG, Participation Certificate

     11,993        2,399,124  

Schindler Holding AG, Registered Shares

     11,402        2,203,622  

SGS SA, Registered Shares

     51,065        4,299,329  

Sika AG, Registered Shares

     15,073        3,840,748  

Sonova Holding AG, Registered Shares

     7,794        1,854,781  

Stadler Rail AG

     24,622        962,487  

Straumann Holding AG, Registered Shares

     7,477        957,919  

Sulzer AG, Registered Shares

     16,278        1,559,649  

Tecan Group AG, Registered Shares

     946        319,746  

Temenos AG, Registered Shares

     9,952        700,818  
     

 

 

 
Total Switzerland               155,449,410  
United Kingdom – 13.0%      

Airtel Africa PLC(b)

     1,118,241        1,714,275  

AJ Bell PLC

     82,052        274,808  

Ashtead Group PLC

     58,893      3,595,529  

Auto Trader Group PLC(b)

     131,094        988,202  

Burberry Group PLC

     82,066        1,911,661  

Compass Group PLC

     196,986        4,808,624  

Diageo PLC

     363,075        13,445,203  

Drax Group PLC

     138,452        741,517  

Fevertree Drinks PLC

     19,548        286,312  

Fresnillo PLC

     207,133        1,393,522  

Games Workshop Group PLC

     12,525        1,615,877  

Greggs PLC

     23,577        704,459  

Halma PLC

     27,640        653,972  

Hargreaves Lansdown PLC

     196,114        1,850,785  

IMI PLC

     43,194        826,656  

Imperial Brands PLC

     509,953        10,375,791  

Intertek Group PLC

     35,976        1,805,600  

Kainos Group PLC

     19,939        279,627  

RELX PLC

     364,690        12,352,143  

Rentokil Initial PLC

     201,819        1,503,106  

Rightmove PLC

     122,928        843,523  

Rotork PLC

     151,018        576,200  

RS Group PLC

     79,387        712,572  

Sage Group PLC

     217,057        2,620,146  

Smith & Nephew PLC

     203,360        2,539,198  

Spectris PLC

     24,114        998,933  

Spirax-Sarco Engineering PLC

     7,342        853,651  

Spirent Communications PLC

     120,213        202,482  

Tate & Lyle PLC

     100,367        839,757  

Unilever PLC

     764,965        37,925,991  

Victrex PLC

     24,376        418,017  
     

 

 

 
Total United Kingdom               109,658,139  
United States – 4.1%

 

GSK PLC

     1,918,792        34,942,356  

TOTAL COMMON STOCKS

(Cost: $829,345,115)

 

 

     841,870,498  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.2%

 

United States – 2.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $18,481,616)      18,481,616        18,481,616  

TOTAL INVESTMENTS IN SECURITIES – 101.8%

(Cost: $847,826,731)

 

 

     860,352,114  

Other Assets less Liabilities – (1.8)%

 

     (15,343,274
     

 

 

 
NET ASSETS – 100.0%

 

   $ 845,008,840  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $35,770,452 and the total market value of the collateral held by the Fund was $37,627,240. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $19,145,624.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2023

 

 

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

   $ 841,870,498      $      $      $ 841,870,498  

Investment of Cash Collateral for Securities Loaned

            18,481,616               18,481,616  

Total Investments in Securities

   $ 841,870,498      $ 18,481,616      $      $ 860,352,114  

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.8%      
Australia – 12.9%      

Abacus Group(a)

     2,787,195      $ 1,879,804  

Accent Group Ltd.

     930,593        1,177,185  

APM Human Services International Ltd.(a)

     444,840        529,699  

ARB Corp. Ltd.(a)

     75,016        1,514,431  

AUB Group Ltd.

     81,491        1,532,597  

Austal Ltd.(a)

     399,420        484,637  

Australian Clinical Labs Ltd.(a)

     1,147,902        2,111,439  

Baby Bunting Group Ltd.(a)

     351,852        481,421  

Bapcor Ltd.

     382,088        1,676,877  

Bega Cheese Ltd.(a)

     338,882        551,160  

Bravura Solutions Ltd.*

     875,383        420,904  

Breville Group Ltd.(a)

     79,740        1,132,212  

BWP Trust

     1,394,073        3,014,111  

Cedar Woods Properties Ltd.(a)

     279,272        820,102  

Centuria Capital Group(a)

     1,657,036        1,454,453  

Centuria Industrial REIT

     1,156,743        2,247,151  

Champion Iron Ltd.(a)

     702,430        2,856,094  

Charter Hall Long Wale REIT

     2,299,852        4,779,524  

Codan Ltd.(a)

     361,307        1,842,181  

Collins Foods Ltd.

     127,553        787,828  

Costa Group Holdings Ltd.

     541,867        1,094,626  

Cromwell Property Group

     7,045,342        1,682,413  

CSR Ltd.

     1,512,025        5,513,613  

Dalrymple Bay Infrastructure Ltd.

     445,801        805,616  

Data#3 Ltd.

     165,688        757,100  

Deterra Royalties Ltd.

     1,835,726        5,675,083  

Dicker Data Ltd.(a)

     268,123        1,673,360  

Domain Holdings Australia Ltd.(a)

     459,296        1,185,718  

Eagers Automotive Ltd.

     457,426        4,112,452  

Elders Ltd.(a)

     273,570        1,020,529  

First Resources Ltd.

     3,484,700        3,906,214  

G8 Education Ltd.

     1,416,251        973,461  

GR Engineering Services Ltd.

     412,438        582,951  

GrainCorp Ltd., Class A

     236,171        1,076,119  

Growthpoint Properties Australia Ltd.

     1,687,282        2,406,627  

GUD Holdings Ltd.(a)

     241,259        1,832,689  

GWA Group Ltd.

     577,133        687,229  

Hansen Technologies Ltd.

     243,351        830,841  

Helia Group Ltd.

     1,542,333        3,474,021  

Helloworld Travel Ltd.

     189,550        325,413  

HMC Capital Ltd.

     304,639        926,052  

HomeCo Daily Needs REIT(a)

     4,271,152        3,183,874  

HUB24 Ltd.

     25,815        541,482  

Infomedia Ltd.

     601,136        612,998  

Ingenia Communities Group(a)

     405,093        1,098,077  

Inghams Group Ltd.

     363,708        779,327  

Insignia Financial Ltd.(a)

     1,396,740        2,181,523  

Integral Diagnostics Ltd.

     300,851        557,266  

IPH Ltd.

     228,345        1,090,566  

IRESS Ltd.(a)

     285,542        1,072,561  

IVE Group Ltd.

     566,606        707,605  

Jumbo Interactive Ltd.

     73,142        731,691  

Kelsian Group Ltd.(a)

     245,415      907,579  

Link Administration Holdings Ltd.(a)

     177,086        157,722  

Lovisa Holdings Ltd.

     170,159        2,123,930  

Maas Group Holdings Ltd.(a)

     231,636        496,333  

McMillan Shakespeare Ltd.

     286,537        2,979,238  

Monadelphous Group Ltd.

     155,473        1,417,836  

Monash IVF Group Ltd.

     1,068,404        868,830  

Myer Holdings Ltd.(a)

     2,438,880        897,210  

MyState Ltd.

     346,234        690,490  

Navigator Global Investments Ltd.(a)

     1,257,110        1,091,251  

Netwealth Group Ltd.

     130,453        1,271,335  

Nick Scali Ltd.(a)

     204,378        1,461,513  

NRW Holdings Ltd.

     1,055,685        1,846,429  

Nufarm Ltd.

     157,084        481,565  

oOh!media Ltd.

     589,454        538,313  

Orora Ltd.(a)

     2,107,498        3,740,492  

Pacific Current Group Ltd.(a)

     104,302        679,897  

Perenti Ltd.*

     337,234        235,063  

Perpetual Ltd.(a)

     141,653        1,915,308  

Perseus Mining Ltd.

     1,056,055        1,121,195  

Pinnacle Investment Management Group Ltd.(a)

     279,857        1,625,577  

PSC Insurance Group Ltd.(a)

     270,006        848,655  

PWR Holdings Ltd.

     73,147        519,300  

Region RE Ltd.

     2,945,685        3,840,312  

Reliance Worldwide Corp. Ltd.

     1,048,155        2,631,504  

Ridley Corp. Ltd.

     529,653        786,227  

Sims Ltd.

     674,574        5,890,556  

SmartGroup Corp. Ltd.(a)

     538,297        2,876,611  

SRG Global Ltd.

     1,205,630        509,664  

Super Retail Group Ltd.

     530,380        4,104,263  

Terracom Ltd.(a)

     2,788,061        800,739  

Ventia Services Group Pty. Ltd.

     866,708        1,577,433  

Waypoint REIT Ltd.

     1,953,956        2,837,437  
     

 

 

 
Total Australia               138,162,714  
Austria – 1.1%      

AT&S Austria Technologie & Systemtechnik AG

     32,165        954,213  

Oesterreichische Post AG

     129,945        4,271,836  

Porr AG

     48,791        606,459  

S IMMO AG*

     50,898        690,847  

Schoeller-Bleckmann Oilfield Equipment AG

     6,991        413,016  

Semperit AG Holding

     49,021        885,431  

UNIQA Insurance Group AG

     440,844        3,575,256  

Zumtobel Group AG

     60,314        383,783  
     

 

 

 
Total Austria               11,780,841  
Belgium – 1.5%      

Barco NV(a)

     49,359        960,517  

Bekaert SA

     88,320        3,968,514  

bpost SA(a)

     472,442        2,593,527  

Econocom Group SA(a)

     489,360        1,292,684  

Fagron

     36,239        618,109  

Intervest Offices & Warehouses NV(a)

     51,392        745,435  

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Recticel SA(a)

     29,797      $ 295,916  

VGP NV(a)

     55,859        5,201,426  

Xior Student Housing NV(a)

     31,779        911,807  
     

 

 

 
Total Belgium               16,587,935  
China – 0.3%      

CITIC Telecom International Holdings Ltd.

     6,530,822        2,585,028  

CPMC Holdings Ltd.

     195,009        145,164  

Yanlord Land Group Ltd.*

     1,581,800        764,882  
     

 

 

 
Total China               3,495,074  
Denmark – 2.8%      

Alm Brand AS

     1,421,983        2,138,062  

Cementir Holding NV

     137,407        1,091,097  

Chemometec AS*

     4,961        236,949  

D/S Norden AS

     154,248        8,606,807  

Dfds AS

     63,147        2,090,794  

FLSmidth & Co. AS

     31,313        1,419,115  

Per Aarsleff Holding AS

     23,413        1,077,041  

Scandinavian Tobacco Group AS(b)

     165,899        2,532,108  

Schouw & Co. AS

     22,084        1,475,256  

Spar Nord Bank AS

     152,162        2,363,489  

Sydbank AS

     135,825        6,483,468  
     

 

 

 
Total Denmark               29,514,186  
Finland – 2.8%      

Aktia Bank Oyj

     69,863        673,104  

Anora Group Oyj(a)

     89,322        424,618  

Cargotec Oyj, Class B

     49,013        2,058,057  

Caverion Oyj

     155,907        1,421,223  

Citycon Oyj*(a)

     344,054        1,932,437  

Fiskars Oyj Abp(a)

     86,493        1,597,059  

Harvia Oyj

     24,445        662,040  

Kemira Oyj

     223,600        3,489,496  

Konecranes Oyj

     127,332        4,241,209  

Lassila & Tikanoja Oyj(a)

     72,939        752,163  

Marimekko Oyj(a)

     42,092        468,377  

Musti Group Oyj*

     26,552        506,015  

Outokumpu Oyj

     495,182        2,080,843  

Puuilo Oyj

     140,894        1,201,577  

Raisio Oyj, Class V

     226,846        495,958  

Sanoma Oyj(a)

     146,523        1,079,713  

Terveystalo Oyj(a)(b)

     199,905        1,600,070  

Tokmanni Group Corp.

     132,717        1,847,761  

Uponor Oyj

     102,588        3,089,012  
     

 

 

 
Total Finland               29,620,732  
France – 2.8%      

Beneteau SA

     70,776        858,745  

Cie Plastic Omnium SE

     94,350        1,538,353  

Coface SA

     492,966        6,304,887  

Derichebourg SA

     326,759        1,653,670  

Etablissements Maurel & Prom SA

     269,603        1,396,383  

Fnac Darty SA(a)

     49,480        1,215,377  

IPSOS SA

     46,479        2,142,588  

Jacquet Metals SACA

     38,856        662,335  

Lectra(a)

     21,422      584,024  

LISI

     23,592        555,761  

Maisons du Monde SA(a)(b)

     80,780        623,056  

Mersen SA

     20,273        811,341  

Metropole Television SA

     268,769        3,409,019  

Quadient SA

     38,352        775,559  

Television Francaise 1 SA(a)

     439,680        3,372,629  

Trigano SA

     10,370        1,410,832  

Vicat SACA

     90,992        2,788,979  
     

 

 

 
Total France               30,103,538  
Georgia – 0.6%      

Bank of Georgia Group PLC

     134,611        6,062,648  
Germany – 3.1%

 

7C Solarparken AG

     102,001        349,359  

alstria office REIT-AG(a)

     56,693        223,588  

BayWa AG

     20,345        725,907  

Bilfinger SE

     45,067        1,547,865  

CompuGroup Medical SE & Co. KGaA

     24,490        961,439  

CropEnergies AG

     77,522        650,045  

Dermapharm Holding SE

     84,664        3,506,639  

Deutz AG

     154,407        683,340  

Duerr AG

     37,682        1,025,323  

Energiekontor AG

     6,343        517,105  

Gerresheimer AG

     19,150        2,016,355  

Hamborner REIT AG

     156,294        1,067,322  

Hamburger Hafen und Logistik AG(a)

     122,729        2,185,580  

Hornbach Holding AG & Co. KGaA

     16,869        1,079,640  

Indus Holding AG

     39,082        831,699  

Instone Real Estate Group SE(b)

     98,549        612,469  

Jenoptik AG

     22,641        575,308  

JOST Werke SE(b)

     12,004        576,999  

Kloeckner & Co. SE

     363,952        2,633,759  

Mutares SE & Co. KGaA

     38,935        1,135,678  

SAF-Holland SE

     69,525        898,773  

Salzgitter AG

     61,852        1,643,694  

Siltronic AG

     43,058        3,690,321  

Varta AG*(a)

     105,877        2,014,949  

Wacker Neuson SE

     75,658        1,545,986  

Wuestenrot & Wuerttembergische AG

     43,484        666,640  
     

 

 

 
Total Germany               33,365,782  
Hong Kong – 0.9%      

Dah Sing Banking Group Ltd.

     1,081,600        715,372  

Dah Sing Financial Holdings Ltd.

     328,229        694,022  

Fortune Real Estate Investment Trust

     4,426,000        2,656,103  

Hutchison Port Holdings Trust

     17,634,800        3,033,186  

Nissin Foods Co. Ltd.(a)

     1,096,000        839,648  

Singamas Container Holdings Ltd.

     12,388,000        869,960  

Tam Jai International Co. Ltd.

     3,539,000        610,028  
     

 

 

 
Total Hong Kong               9,418,319  
Indonesia – 0.3%      

Bumitama Agri Ltd.

     1,686,800        704,430  

Nickel Industries Ltd.

     4,764,955        2,306,476  
     

 

 

 
Total Indonesia               3,010,906  

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  



Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Ireland – 0.3%

 

Cairn Homes PLC

     1,234,214      $ 1,429,556  

Kenmare Resources PLC

     198,169        1,003,782  

Origin Enterprises PLC(a)

     189,109        652,714  
     

 

 

 
Total Ireland               3,086,052  
Israel – 2.6%      

Altshuler Shaham Finance Ltd.

     708,847        1,054,985  

Ashdod Refinery Ltd.*

     1        16  

Ashtrom Group Ltd.

     1        7  

AudioCodes Ltd.

     27,390        277,569  

Automatic Bank Services Ltd.

     120,297        500,843  

Azorim-Investment Development & Construction Co. Ltd.*

     122,693        441,205  

Carasso Motors Ltd.

     103,817        444,774  

Delek Automotive Systems Ltd.

     192,626        1,189,049  

Delta Galil Ltd.

     18,691        724,663  

Electra Consumer Products 1970 Ltd.

     16,058        342,967  

Electra Real Estate Ltd.

     81,967        788,235  

FIBI Holdings Ltd.

     60,206        2,735,918  

Gav-Yam Lands Corp. Ltd.

     197,075        1,252,749  

Harel Insurance Investments & Financial Services Ltd.

     358,658        2,837,609  

Israel Canada TR Ltd.

     252,677        630,996  

Israel Land Development Co. Ltd.

     39,937        354,576  

Magic Software Enterprises Ltd.

     54,554        618,623  

Matrix IT Ltd.

     107,986        2,212,479  

Max Stock Ltd.

     480,940        905,663  

Maytronics Ltd.

     105,380        1,108,059  

Mediterranean Towers Ltd.

     282,134        636,376  

Mega Or Holdings Ltd.*

     41,148        737,032  

Mehadrin Ltd.*

     1        34  

Migdal Insurance & Financial Holdings Ltd.

     397,330        487,609  

Oil Refineries Ltd.

     4,886,338        1,615,944  

One Software Technologies Ltd.

     58,707        740,353  

Paz Oil Co. Ltd.*

     1        47  

Plus500 Ltd.

     221,892        3,729,332  

Shufersal Ltd.*

     175,772        816,760  

Tamar Petroleum Ltd.(b)

     112,983        487,605  
     

 

 

 
Total Israel               27,672,077  
Italy – 4.3%      

Alerion Cleanpower SpA

     29,899        843,621  

Anima Holding SpA(b)

     843,621        3,545,940  

Ariston Holding NV

     52,152        340,406  

Arnoldo Mondadori Editore SpA

     351,318        795,990  

Azimut Holding SpA

     314,735        6,891,107  

Banca Popolare di Sondrio SpA

     707,594        3,652,929  

Cairo Communication SpA

     446,000        760,246  

Carel Industries SpA(b)

     20,169        484,734  

Credito Emiliano SpA

     279,704        2,303,943  

Danieli & C Officine Meccaniche SpA(a)

     29,012        826,273  

Danieli & C Officine Meccaniche SpA, RSP

     3,037        63,601  

El.En. SpA(a)

     46,617        429,642  

Enav SpA(b)

     384,090        1,424,920  

Esprinet SpA(a)

     119,868      615,515  

Immobiliare Grande Distribuzione SIIQ SpA(a)

     351,323        794,142  

Iren SpA

     2,684,386        5,186,821  

Maire Tecnimont SpA(a)

     580,817        2,393,347  

MARR SpA(a)

     94,853        1,205,107  

OVS SpA(b)

     190,350        396,617  

Piaggio & C SpA

     766,077        2,454,340  

RAI Way SpA(b)

     489,353        2,564,607  

Salcef Group SpA(a)

     50,674        1,183,007  

Sanlorenzo SpA

     20,224        760,132  

SOL SpA

     53,842        1,527,740  

Technogym SpA(b)

     146,594        1,136,111  

Unieuro SpA(a)(b)

     66,903        599,960  

Webuild SpA(a)

     1,131,928        2,019,353  

Zignago Vetro SpA

     83,605        1,255,168  
     

 

 

 
Total Italy               46,455,319  
Japan – 30.2%      

77 Bank Ltd.(a)

     90,000        1,911,878  

ADEKA Corp.

     64,801        1,110,161  

Aeon Delight Co. Ltd.

     28,100        619,528  

Ai Holdings Corp.

     45,500        722,024  

Aica Kogyo Co. Ltd.

     44,300        990,646  

Aichi Corp.

     128,500        861,977  

AIT Corp.

     24,400        289,579  

Alinco, Inc.(a)

     69,400        499,020  

Alleanza Holdings Co. Ltd.

     31,000        208,986  

Alps Alpine Co. Ltd.(a)

     109,400        951,225  

Amano Corp.

     50,200        1,104,080  

Anritsu Corp.(a)

     67,600        483,585  

Arcs Co. Ltd.

     58,000        1,058,362  

ARE Holdings, Inc.(a)

     81,600        1,037,328  

Ariake Japan Co. Ltd.(a)

     15,400        523,636  

As One Corp.(a)

     15,500        567,130  

Asanuma Corp.

     38,600        928,625  

ASKUL Corp.

     41,300        542,456  

Autobacs Seven Co. Ltd.

     94,103        997,627  

Bando Chemical Industries Ltd.

     91,300        1,004,009  

Bank of Nagoya Ltd.

     30,200        1,050,347  

Baroque Japan Ltd.(a)

     40,600        222,827  

Bell System24 Holdings, Inc.

     82,400        872,454  

Benesse Holdings, Inc.(a)

     46,100        565,186  

BML, Inc.

     25,700        481,536  

Bunka Shutter Co. Ltd.(a)

     61,200        453,592  

C Uyemura & Co. Ltd.

     14,300        903,662  

Canon Electronics, Inc.

     22,300        282,589  

Central Glass Co. Ltd.(a)

     24,900        494,746  

Chori Co. Ltd.

     41,600        835,206  

Citizen Watch Co. Ltd.(a)

     276,100        1,702,208  

CKD Corp.

     61,300        846,636  

Computer Engineering & Consulting Ltd.

     22,400        239,724  

Cybernet Systems Co. Ltd.

     37,900        197,342  

Daicel Corp.

     209,400        1,755,466  

Daido Metal Co. Ltd.

     90,700        346,450  

Daido Steel Co. Ltd.(a)

     40,991        1,670,406  

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Daihen Corp.

     19,200      $ 651,044  

Daiho Corp.

     26,300        695,282  

Daiichikosho Co. Ltd.

     70,600        1,148,477  

Daiken Corp.

     40,400        810,843  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     10,700        162,911  

Daio Paper Corp.(a)

     98,100        804,653  

Daiseki Co. Ltd.

     14,100        377,953  

Daishi Hokuetsu Financial Group, Inc.

     49,840        1,267,501  

Daiwabo Holdings Co. Ltd.

     66,600        1,278,666  

DCM Holdings Co. Ltd.(a)

     78,300        636,999  

Denka Co. Ltd.(a)

     62,200        1,126,665  

Dexerials Corp.(a)

     31,600        781,397  

DIC Corp.

     61,700        1,004,111  

Dip Corp.

     18,300        451,292  

DMG Mori Co. Ltd.

     89,400        1,523,499  

DTS Corp.

     37,900        810,193  

Eagle Industry Co. Ltd.

     68,500        777,611  

Earth Corp.(a)

     22,200        731,942  

EDION Corp.(a)

     106,300        1,052,849  

Eiken Chemical Co. Ltd.

     51,500        471,429  

Elecom Co. Ltd.

     62,900        734,694  

Elematec Corp.

     75,700        938,482  

en Japan, Inc.

     25,100        391,575  

ES-Con Japan Ltd.

     134,100        838,434  

Exedy Corp.

     92,200        1,615,083  

EXEO Group, Inc.(a)

     76,800        1,576,915  

Ezaki Glico Co. Ltd.

     26,700        734,485  

Feed One Co. Ltd.

     30,100        160,560  

Financial Partners Group Co. Ltd.(a)

     98,900        891,409  

Food & Life Cos. Ltd.

     25,200        424,545  

France Bed Holdings Co. Ltd.

     105,300        855,948  

Fudo Tetra Corp.

     36,700        493,596  

Fuji Corp. Ltd.(a)

     134,900        663,539  

Fuji Oil Holdings, Inc.

     37,000        562,221  

Fuji Pharma Co. Ltd.

     94,500        738,395  

Fuji Soft, Inc.

     26,900        872,481  

Fujikura Ltd.

     84,500        680,360  

Fujimi, Inc.(a)

     69,523        1,400,011  

Fujitec Co. Ltd.(a)

     42,400        980,265  

Fukuyama Transporting Co. Ltd.

     24,600        647,867  

Funai Soken Holdings, Inc.

     41,700        729,348  

Furukawa Electric Co. Ltd.(a)

     37,800        603,381  

Furyu Corp.

     33,700        348,913  

Futaba Industrial Co. Ltd.

     45,700        234,280  

Future Corp.

     50,900        513,690  

Gecoss Corp.

     112,500        740,325  

Glory Ltd.

     35,977        718,937  

Goldcrest Co. Ltd.(a)

     61,700        916,662  

GS Yuasa Corp.

     33,900        604,964  

Gunma Bank Ltd.

     342,400        1,600,658  

H.U. Group Holdings, Inc.(a)

     62,500        1,063,830  

Hachijuni Bank Ltd.(a)

     382,000        2,111,656  

Hakudo Co. Ltd.(a)

     21,000        319,450  

Hakuto Co. Ltd.(a)

     38,000      1,291,071  

Hanwa Co. Ltd.

     22,900        728,166  

Hazama Ando Corp.

     150,500        1,176,971  

Heiwa Corp.(a)

     72,719        1,045,282  

Heiwa Real Estate Co. Ltd.

     26,500        706,785  

Hirogin Holdings, Inc.

     280,400        1,723,457  

Hochiki Corp.

     69,300        751,398  

Hogy Medical Co. Ltd.(a)

     16,200        346,852  

Hokkaido Gas Co. Ltd.

     54,800        871,438  

Hokuhoku Financial Group, Inc.

     107,400        1,151,910  

Horiba Ltd.

     28,800        1,562,119  

Hyakujushi Bank Ltd.(a)

     69,100        1,214,141  

I-PEX, Inc.(a)

     27,200        290,182  

Ichibanya Co. Ltd.

     22,300        814,441  

Ichigo, Inc.

     221,400        483,675  

Idec Corp.

     31,100        618,561  

Iino Kaiun Kaisha Ltd.(a)

     153,200        1,076,943  

Inaba Denki Sangyo Co. Ltd.

     66,100        1,432,960  

Inabata & Co. Ltd.

     52,300        1,096,994  

Information Services International-Dentsu Ltd.

     31,000        1,188,273  

INFRONEER Holdings, Inc.

     172,388        1,788,284  

Integrated Design & Engineering Holdings Co. Ltd.

     25,000        598,928  

Inui Global Logistics Co. Ltd.(a)

     65,500        580,271  

Itochu Enex Co. Ltd.

     152,901        1,542,074  

Itoham Yonekyu Holdings, Inc.

     43,000        1,167,030  

Izumi Co. Ltd.

     40,300        1,069,175  

JAC Recruitment Co. Ltd.

     54,800        933,500  

Japan Aviation Electronics Industry Ltd.(a)

     54,800        1,093,246  

Japan Lifeline Co. Ltd.

     71,400        556,942  

Japan Steel Works Ltd.

     28,800        535,953  

Japan Transcity Corp.

     55,500        245,468  

Jeol Ltd.

     12,200        364,467  

Joyful Honda Co. Ltd.(a)

     77,200        909,483  

Juki Corp.

     67,100        277,888  

Juroku Financial Group, Inc.

     50,600        1,269,874  

K’s Holdings Corp.

     203,100        1,867,336  

Kaga Electronics Co. Ltd.

     30,400        1,322,138  

Kaken Pharmaceutical Co. Ltd.

     26,200        614,508  

Kanamoto Co. Ltd.

     48,200        848,204  

Kandenko Co. Ltd.

     109,800        1,013,199  

Kaneka Corp.

     34,300        892,294  

Kanematsu Corp.

     94,500        1,309,606  

Katitas Co. Ltd.(a)

     25,200        367,804  

Kato Sangyo Co. Ltd.

     36,800        980,265  

KH Neochem Co. Ltd.

     38,400        590,571  

Ki-Star Real Estate Co. Ltd.(a)

     17,200        532,511  

Kitz Corp.

     123,900        859,350  

Koatsu Gas Kogyo Co. Ltd.

     21,600        109,574  

Kobe Steel Ltd.

     458,400        5,987,077  

Kojima Co. Ltd.(a)

     32,800        140,234  

Kokuyo Co. Ltd.

     87,400        1,388,970  

KOMEDA Holdings Co. Ltd.

     49,700        965,857  

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Komeri Co. Ltd.(a)

     35,300      $ 745,150  

Kumagai Gumi Co. Ltd.

     32,500        767,717  

Kumiai Chemical Industry Co. Ltd.

     76,400        567,272  

Kurabo Industries Ltd.

     50,595        827,286  

Kureha Corp.

     11,200        624,453  

KYB Corp.

     35,300        1,143,746  

Kyorin Pharmaceutical Co. Ltd.

     44,090        540,987  

Kyudenko Corp.(a)

     42,900        1,347,156  

Kyushu Financial Group, Inc.(a)

     292,200        1,509,708  

LEC, Inc.

     17,200        109,153  

Life Corp.

     32,500        792,763  

Lintec Corp.

     81,330        1,303,951  

Mabuchi Motor Co. Ltd.

     32,500        973,530  

Macnica Holdings, Inc.

     64,200        3,024,466  

Makino Milling Machine Co. Ltd.(a)

     12,400        542,617  

Mani, Inc.

     27,600        335,509  

Maruha Nichiro Corp.

     49,500        851,178  

Maruichi Steel Tube Ltd.

     68,900        1,717,594  

Matsui Securities Co. Ltd.(a)

     184,340        1,014,194  

Max Co. Ltd.

     48,600        893,348  

MCJ Co. Ltd.

     89,500        672,937  

Megmilk Snow Brand Co. Ltd.

     73,000        1,121,722  

Meitec Corp.

     72,900        1,320,969  

Micronics Japan Co. Ltd.

     25,300        359,261  

MIRAIT ONE Corp.

     72,400        954,093  

Mitsubishi Logistics Corp.

     56,900        1,514,537  

Mitsubishi Materials Corp.

     66,700        1,081,235  

Mitsubishi Shokuhin Co. Ltd.

     36,400        951,315  

Mitsuboshi Belting Ltd.(a)

     54,900        1,688,665  

Mitsui High-Tec, Inc.(a)

     8,000        416,016  

Mitsui Matsushima Holdings Co. Ltd.(a)

     18,400        339,702  

Mitsui Mining & Smelting Co. Ltd.(a)

     55,764        1,418,156  

Mitsui-Soko Holdings Co. Ltd.

     37,600        1,084,724  

MIXI, Inc.(a)

     83,700        1,329,889  

Mizuno Corp.(a)

     13,900        441,521  

Mochida Pharmaceutical Co. Ltd.

     27,900        623,532  

Monex Group, Inc.

     171,400        640,919  

Morinaga & Co. Ltd.

     35,800        1,295,973  

Morinaga Milk Industry Co. Ltd.

     19,300        727,767  

Musashi Seimitsu Industry Co. Ltd.

     51,200        557,547  

Nachi-Fujikoshi Corp.(a)

     30,700        827,033  

Nagase & Co. Ltd.

     72,400        1,140,400  

Nakanishi, Inc.

     34,600        810,367  

NEC Networks & System Integration Corp.

     70,000        921,293  

NET One Systems Co. Ltd.

     33,500        637,112  

Neturen Co. Ltd.(a)

     82,800        555,422  

NHK Spring Co. Ltd.

     225,800        1,731,045  

Nichias Corp.

     65,000        1,335,064  

Nichicon Corp.

     55,200        521,575  

Nichiha Corp.

     36,000        709,988  

Nihon Kohden Corp.

     25,900        640,796  

Nihon Nohyaku Co. Ltd.(a)

     34,900        153,656  

Nihon Parkerizing Co. Ltd.

     154,900        1,148,061  

Nikkon Holdings Co. Ltd.(a)

     53,100        1,124,805  

Nippn Corp.

     84,600      1,231,937  

Nippon Air Conditioning Services Co. Ltd.

     76,000        400,308  

Nippon Carbon Co. Ltd.

     29,500        900,469  

Nippon Denko Co. Ltd.(a)

     227,700        463,869  

Nippon Electric Glass Co. Ltd.

     120,400        2,247,843  

Nippon Gas Co. Ltd.

     78,700        1,168,700  

Nippon Kanzai Holdings Co. Ltd.

     43,200        743,715  

Nippon Kayaku Co. Ltd.

     170,999        1,431,819  

Nippon Light Metal Holdings Co. Ltd.

     63,300        713,915  

Nippon Pillar Packing Co. Ltd.(a)

     37,800        989,171  

Nippon Shokubai Co. Ltd.

     36,000        1,309,968  

Nippon Soda Co. Ltd.

     35,000        1,289,998  

Nipro Corp.(a)

     72,400        586,575  

Nishi-Nippon Financial Holdings, Inc.(a)

     168,000        1,922,895  

Nishi-Nippon Railroad Co. Ltd.(a)

     42,100        700,091  

Nishimatsu Construction Co. Ltd.(a)

     61,200        1,520,721  

Nishio Holdings Co. Ltd.

     37,300        882,352  

Nisshinbo Holdings, Inc.

     139,992        1,043,197  

Nissui Corp.

     219,600        1,076,772  

Nitta Corp.

     51,800        1,152,461  

Nitto Kogyo Corp.(a)

     32,400        778,382  

Noevir Holdings Co. Ltd.

     37,800        1,340,003  

NOK Corp.

     142,500        1,896,021  

Nomura Micro Science Co. Ltd.(a)

     4,400        179,568  

Noritake Co. Ltd.

     22,400        933,677  

North Pacific Bank Ltd.

     396,100        958,232  

NS United Kaiun Kaisha Ltd.(a)

     33,900        895,064  

NSD Co. Ltd.

     72,000        1,368,350  

Ogaki Kyoritsu Bank Ltd.

     66,100        918,689  

Ohsho Food Service Corp.(a)

     18,400        852,029  

Okamura Corp.

     85,400        1,293,948  

Okasan Securities Group, Inc.

     302,900        1,410,725  

Okinawa Cellular Telephone Co.

     56,400        1,217,008  

OKUMA Corp.(a)

     20,000        881,220  

Okumura Corp.

     34,000        1,023,019  

Onward Holdings Co. Ltd.(a)

     233,500        816,800  

Open Up Group, Inc.

     56,100        689,854  

Organo Corp.(a)

     26,200        737,410  

Osaka Soda Co. Ltd.(a)

     18,700        808,276  

OSG Corp.

     66,900        789,933  

PAL GROUP Holdings Co. Ltd.

     95,500        1,240,268  

PALTAC Corp.

     21,300        669,439  

Paramount Bed Holdings Co. Ltd.

     41,200        650,199  

Penta-Ocean Construction Co. Ltd.

     164,300        979,029  

PHC Holdings Corp.(a)

     101,500        1,037,956  

Pigeon Corp.

     76,000        859,950  

Pilot Corp.

     17,700        608,602  

Piolax, Inc.(a)

     33,700        516,707  

Press Kogyo Co. Ltd.

     243,500        1,124,285  

Prima Meat Packers Ltd.

     59,200        973,145  

Raito Kogyo Co. Ltd.

     51,600        713,358  

Raiznext Corp.

     85,700        835,033  

Rengo Co. Ltd.

     138,400        951,572  

Resorttrust, Inc.

     56,900        851,641  

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Riken Corp.*

     13,400      $ 334,046  

Roland Corp.

     21,200        582,476  

Round One Corp.

     96,400        361,762  

Ryosan Co. Ltd.(a)

     39,500        1,177,919  

S Foods, Inc.

     31,100        697,132  

Sakai Chemical Industry Co. Ltd.

     29,100        403,471  

Sakai Moving Service Co. Ltd.(a)

     33,000        551,530  

Sakata Seed Corp.

     17,500        509,549  

SAMTY Co. Ltd.

     50,600        804,310  

San-Ai Obbli Co. Ltd.

     53,800        572,160  

San-In Godo Bank Ltd.

     266,700        1,730,043  

Sangetsu Corp.

     128,400        2,506,478  

Sanki Engineering Co. Ltd.

     97,900        1,064,779  

Sankyu, Inc.

     30,600        1,060,363  

Sanyo Chemical Industries Ltd.

     22,100        606,463  

Sanyo Special Steel Co. Ltd.

     58,900        1,162,804  

Sapporo Holdings Ltd.

     30,200        962,717  

Sawai Group Holdings Co. Ltd.

     19,700        604,367  

Scroll Corp.

     113,400        754,607  

Seika Corp.

     24,200        362,453  

Seiko Group Corp.(a)

     22,400        392,685  

Seino Holdings Co. Ltd.(a)

     90,900        1,276,468  

Senko Group Holdings Co. Ltd.

     138,800        974,786  

Senshu Ikeda Holdings, Inc.(a)

     571,400        1,229,147  

Seria Co. Ltd.

     50,400        743,715  

Shibaura Mechatronics Corp.

     7,200        340,157  

Shiga Bank Ltd.(a)

     57,700        1,353,326  

Shin-Etsu Polymer Co. Ltd.

     73,600        659,922  

Shinsho Corp.

     18,300        710,049  

Ship Healthcare Holdings, Inc.

     29,500        448,455  

Shoei Co. Ltd.(a)

     33,900        520,001  

Sinfonia Technology Co. Ltd.

     45,600        491,676  

SKY Perfect JSAT Holdings, Inc.

     287,400        1,346,240  

Sotetsu Holdings, Inc.

     48,600        957,833  

ST Corp.

     2,500        24,996  

Star Micronics Co. Ltd.

     53,300        670,782  

Starts Corp., Inc.(a)

     51,400        1,006,128  

Sumitomo Bakelite Co. Ltd.

     26,100        1,140,897  

Sumitomo Mitsui Construction Co. Ltd.

     201,000        553,600  

Sumitomo Osaka Cement Co. Ltd.

     23,700        583,348  

Sun Frontier Fudousan Co. Ltd.

     96,000        968,846  

Suncall Corp.(a)

     67,500        221,645  

Systena Corp.

     187,600        338,177  

T Hasegawa Co. Ltd.(a)

     26,200        535,500  

T-Gaia Corp.

     58,400        690,742  

Tachibana Eletech Co. Ltd.

     21,500        403,418  

Taiheiyo Cement Corp.

     66,800        1,186,262  

Taikisha Ltd.

     25,400        769,362  

Taiyo Holdings Co. Ltd.

     39,000        670,102  

Takaoka Toko Co. Ltd.(a)

     18,400        259,061  

Takara Bio, Inc.

     50,200        465,248  

Takara Holdings, Inc.

     162,100        1,304,621  

Takara Standard Co. Ltd.(a)

     86,200        1,070,388  

Takasago Thermal Engineering Co. Ltd.(a)

     47,200        919,170  

Takeuchi Manufacturing Co. Ltd.

     42,000      1,379,125  

Takuma Co. Ltd.

     62,600        649,387  

Tama Home Co. Ltd.

     32,600        777,725  

Tamron Co. Ltd.

     14,100        431,811  

Tayca Corp.

     21,600        198,305  

Teijin Ltd.

     102,900        1,001,935  

Teikoku Electric Manufacturing Co. Ltd.

     45,300        767,421  

TKC Corp.(a)

     35,700        870,819  

Toagosei Co. Ltd.

     130,400        1,174,452  

Tocalo Co. Ltd.

     92,800        847,000  

Toda Corp.

     201,200        1,091,583  

Toho Bank Ltd.(a)

     265,700        502,110  

Tokai Carbon Co. Ltd.

     116,900        917,339  

TOKAI Holdings Corp.(a)

     151,000        937,015  

Tokai Rika Co. Ltd.

     62,922        988,368  

Tokai Tokyo Financial Holdings, Inc.

     277,000        900,285  

Token Corp.

     11,200        598,934  

Tokuyama Corp.

     44,400        699,213  

Tokyo Kiraboshi Financial Group, Inc.

     42,000        1,267,951  

Tokyo Ohka Kogyo Co. Ltd.

     24,700        1,472,482  

Tokyo Seimitsu Co. Ltd.

     61,800        3,101,907  

Tokyo Steel Manufacturing Co. Ltd.(a)

     92,700        1,046,738  

Tokyotokeiba Co. Ltd.(a)

     20,000        538,784  

Tokyu Construction Co. Ltd.

     60,600        316,757  

Tomoku Co. Ltd.(a)

     47,900        787,714  

Tomy Co. Ltd.

     74,000        1,072,126  

Topcon Corp.

     66,400        733,971  

Totech Corp.

     22,300        778,576  

Totetsu Kogyo Co. Ltd.

     35,500        698,938  

Towa Pharmaceutical Co. Ltd.

     32,100        611,132  

Toyo Ink SC Holdings Co. Ltd.

     33,300        521,732  

Toyo Tanso Co. Ltd.

     24,000        871,704  

Toyo Tire Corp.

     129,300        1,994,630  

Toyobo Co. Ltd.

     81,500        588,482  

Transcosmos, Inc.

     61,800        1,323,176  

TS Tech Co. Ltd.

     94,600        1,075,166  

Tsubakimoto Chain Co.

     44,400        1,152,957  

Tsumura & Co.

     43,601        812,269  

UACJ Corp.

     37,600        791,181  

UBE Corp.

     75,300        1,272,367  

Ulvac, Inc.

     23,900        864,068  

Valor Holdings Co. Ltd.

     59,400        870,550  

Valqua Ltd.

     41,600        1,154,123  

VT Holdings Co. Ltd.

     196,300        672,202  

Wacoal Holdings Corp.

     46,500        1,053,242  

Wacom Co. Ltd.

     116,100        461,366  

Xebio Holdings Co. Ltd.

     83,600        560,228  

YAMABIKO Corp.

     58,100        560,657  

Yamagata Bank Ltd.(a)

     57,300        436,206  

Yamaguchi Financial Group, Inc.

     218,600        1,919,754  

Yamaichi Electronics Co. Ltd.

     48,700        561,980  

Yamazen Corp.

     102,900        810,926  

Yaoko Co. Ltd.(a)

     14,800        762,588  

Yellow Hat Ltd.

     71,700        911,475  

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Yokogawa Bridge Holdings Corp.

     55,300      $ 1,035,404  

Yokorei Co. Ltd.(a)

     39,900        323,799  

Yuasa Trading Co. Ltd.

     27,000        748,166  

Yurtec Corp.

     70,900        456,117  
     

 

 

 
Total Japan               322,665,858  
Malaysia – 0.1%      

Frencken Group Ltd.

     845,600        693,876  
Netherlands – 0.8%

 

AMG Critical Materials NV

     22,873        690,178  

Brunel International NV

     62,169        855,679  

Corbion NV

     36,044        719,728  

ForFarmers NV(a)

     192,029        504,211  

Koninklijke Heijmans NV

     101,022        1,144,440  

RHI Magnesita NV

     113,249        3,845,448  

Sligro Food Group NV

     37,340        663,376  
     

 

 

 
Total Netherlands               8,423,060  
Norway – 3.3%      

ABG Sundal Collier Holding ASA

     1,363,085        659,711  

Aker Solutions ASA

     102,610        416,579  

Atea ASA*

     146,584        1,840,419  

Austevoll Seafood ASA

     349,609        2,472,366  

Belships ASA

     1,128,671        1,913,496  

Bonheur ASA

     16,189        340,794  

Borregaard ASA

     48,762        724,039  

Bouvet ASA

     107,435        572,470  

DNO ASA

     1,564,639        1,554,221  

Elopak ASA

     188,052        384,380  

Entra ASA(b)

     233,752        2,012,215  

Europris ASA(b)

     301,344        1,692,093  

Grieg Seafood ASA

     147,889        1,086,842  

Kid ASA(b)

     88,130        731,321  

MPC Container Ships ASA

     2,401,530        3,934,899  

OKEA ASA

     230,733        827,450  

Pareto Bank ASA

     106,950        540,738  

Protector Forsikring ASA

     138,343        2,262,195  

Rana Gruber ASA

     219,151        1,215,120  

Selvaag Bolig ASA

     130,443        348,147  

SpareBank 1 Nord Norge

     253,781        2,282,416  

Sparebank 1 Oestlandet

     73,215        917,867  

SpareBank 1 SMN

     211,319        2,724,685  

Sparebanken Vest

     122,402        1,212,419  

TGS ASA

     119,254        1,642,974  

Veidekke ASA

     130,161        1,193,863  
     

 

 

 
Total Norway               35,503,719  
Portugal – 1.7%      

Altri SGPS SA(a)

     263,960        1,197,798  

Banco Comercial Portugues SA, Class R*

     2,945,217        811,992  

Corticeira Amorim SGPS SA

     111,228        1,145,831  

CTT-Correios de Portugal SA

     199,444        733,786  

Mota-Engil SGPS SA

     397,683        1,442,086  

NOS SGPS SA

     1,441,716        5,314,983  

REN – Redes Energeticas Nacionais SGPS SA

     1,732,763        4,439,642  

Sonae SGPS SA

     3,395,239        3,307,133  
     

 

 

 
Total Portugal               18,393,251  
Singapore – 3.2%      

AEM Holdings Ltd.(a)

     545,500      1,374,841  

Aztech Global Ltd.

     1,232,400        726,853  

Bukit Sembawang Estates Ltd.

     500,800        1,416,285  

Capitaland India Trust(a)

     2,703,513        2,079,778  

Geo Energy Resources Ltd.

     6,446,700        1,369,729  

Hour Glass Ltd.

     1,316,000        1,870,496  

Japfa Ltd.

     1,338,500        210,842  

Jiutian Chemical Group Ltd.

     13,860,100        324,949  

Kenon Holdings Ltd.

     138,289        3,196,594  

Keppel DC REIT

     3,225,000        4,914,646  

Keppel Infrastructure Trust

     11,108,641        3,784,540  

Propnex Ltd.

     2,682,300        1,729,375  

Raffles Medical Group Ltd.

     1,343,600        1,230,493  

Samudera Shipping Line Ltd.

     2,407,800        1,323,064  

Sheng Siong Group Ltd.

     2,603,000        2,898,791  

Silverlake Axis Ltd.

     2,545,900        494,295  

Singapore Post Ltd.

     2,377,800        844,921  

StarHub Ltd.

     1,453,900        1,182,379  

UMS Holdings Ltd.

     1,899,098        1,808,797  

Wing Tai Holdings Ltd.

     1,221,700        1,253,117  
     

 

 

 
Total Singapore               34,034,785  
Spain – 1.9%      

Almirall SA(a)

     102,364        1,042,595  

Applus Services SA

     103,629        1,086,200  

Atresmedia Corp. de Medios de Comunicacion SA

     744,889        2,886,464  

Construcciones y Auxiliar de Ferrocarriles SA

     35,797        1,121,842  

Ence Energia y Celulosa SA(a)

     560,320        1,882,940  

Faes Farma SA

     761,910        2,581,351  

Gestamp Automocion SA(b)

     385,802        1,613,448  

Indra Sistemas SA

     92,289        1,338,641  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     1,603,995        1,485,951  

Pharma Mar SA(a)

     6,699        227,813  

Prosegur Cash SA(a)(b)

     1,554,555        969,427  

Prosegur Compania de Seguridad SA

     1,123,156        1,814,630  

Sacyr SA(a)

     922,554        2,717,330  
     

 

 

 
Total Spain               20,768,632  
Sweden – 5.7%      

AcadeMedia AB(b)

     157,452        677,680  

AddLife AB, Class B

     64,284        383,129  

AFRY AB

     117,644        1,390,391  

Akelius Residential Property AB, Class D

     448,341        824,996  

Atrium Ljungberg AB, Class B(a)

     141,893        2,326,093  

Beijer Alma AB

     49,829        858,599  

Betsson AB, Class B*

     170,322        1,884,419  

Bilia AB, Class A

     191,116        1,873,479  

Bravida Holding AB(b)

     182,280        1,352,310  

Bufab AB

     5,013        127,261  

Catena AB

     30,190        1,055,964  

Clas Ohlson AB, Class B

     158,316        1,706,412  

Cloetta AB, Class B

     488,305        820,719  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Coor Service Management Holding AB(b)

     178,239      $ 728,430  

Corem Property Group AB, Class B(a)

     1,835,111        1,022,772  

Dios Fastigheter AB

     210,144        1,206,023  

Dometic Group AB(b)

     387,618        2,471,091  

Electrolux Professional AB, Class B

     115,775        601,563  

Elekta AB, Class B(a)

     430,203        2,946,900  

Granges AB

     105,389        999,159  

HMS Networks AB

     20,075        739,125  

Instalco AB

     145,443        435,089  

Inwido AB

     117,981        1,194,557  

JM AB

     169,793        2,317,732  

KNOW IT AB

     37,607        438,925  

Lagercrantz Group AB, Class B

     109,430        1,118,051  

Lindab International AB

     80,082        1,179,389  

Loomis AB

     66,574        1,805,260  

MEKO AB

     58,956        515,259  

MIPS AB(a)

     15,176        517,964  

Munters Group AB(b)

     67,379        871,371  

Mycronic AB

     59,505        1,237,839  

NCC AB, Class B

     186,501        2,032,521  

New Wave Group AB, Class B(a)

     83,577        585,890  

Nolato AB, Class B

     267,966        1,105,487  

Nordic Paper Holding AB(a)

     222,066        665,327  

Nordic Waterproofing Holding AB

     36,202        541,820  

Peab AB, Class B

     684,357        2,833,377  

Platzer Fastigheter Holding AB, Class B

     122,095        755,213  

Ratos AB, Class B

     254,851        765,196  

Resurs Holding AB(b)

     644,256        1,397,127  

Sagax AB, Class D(a)

     379,035        894,889  

Samhallsbyggnadsbolaget i Norden AB, Class D(a)

     716,244        284,014  

Sectra AB, Class B*

     42,839        510,242  

Skandinaviska Enskilda Banken AB, Class C

     15,681        187,637  

SkiStar AB(a)

     45,551        468,751  

SSAB AB, Class A

     1,216,608        6,909,364  

Svenska Handelsbanken AB, Class B(a)

     22,960        243,882  

Synsam AB

     119,236        398,397  

Troax Group AB

     37,541        535,599  

VBG Group AB, Class B

     2,128        37,529  

Wihlborgs Fastigheter AB

     374,310        2,633,972  
     

 

 

 
Total Sweden               61,414,185  
Switzerland – 1.5%      

Arbonia AG

     57,850        530,566  

Comet Holding AG, Registered Shares

     5,704        1,274,483  

Huber & Suhner AG, Registered Shares

     20,581        1,489,355  

Landis & Gyr Group AG

     32,812        2,378,045  

Medmix AG(b)

     37,740        959,177  

Mobilezone Holding AG, Registered Shares

     105,665        1,580,124  

Sulzer AG, Registered Shares

     53,873        5,161,749  

Swissquote Group Holding SA, Registered Shares

     9,262        1,696,886  

u-blox Holding AG

     3,734        317,970  

Zehnder Group AG

     9,687        569,699  
     

 

 

 
Total Switzerland               15,958,054  
United Kingdom – 14.1%      

AG Barr PLC

     102,977      617,131  

AJ Bell PLC

     273,428        915,762  

Alliance Pharma PLC(a)

     567,200        327,456  

Ashmore Group PLC

     1,735,209        3,977,433  

Assura PLC

     6,774,877        3,496,164  

Bloomsbury Publishing PLC

     140,230        686,342  

Bodycote PLC

     222,833        1,774,661  

Bridgepoint Group PLC(b)

     667,228        1,568,505  

Bytes Technology Group PLC

     161,949        985,962  

Central Asia Metals PLC

     668,109        1,533,065  

Chemring Group PLC

     224,469        760,282  

Chesnara PLC

     290,470        974,966  

Clarkson PLC

     30,169        1,007,103  

Close Brothers Group PLC

     287,195        3,105,747  

CLS Holdings PLC

     696,838        1,010,424  

CMC Markets PLC(a)(b)

     424,084        544,532  

Coats Group PLC

     1,361,038        1,217,670  

Concentric AB

     28,979        436,384  

Craneware PLC

     21,464        392,968  

Cranswick PLC

     57,033        2,472,604  

Crest Nicholson Holdings PLC

     548,623        1,163,133  

CVS Group PLC

     8,396        167,141  

DFS Furniture PLC(a)

     538,184        712,058  

DiscoverIE Group PLC

     51,018        422,191  

Diversified Energy Co. PLC

     2,958,252        2,912,024  

Domino’s Pizza Group PLC

     554,825        2,548,949  

Dunelm Group PLC

     275,336        3,528,643  

EMIS Group PLC

     40,070        944,891  

Empiric Student Property PLC

     1,489,649        1,627,281  

Essentra PLC

     266,656        526,605  

FDM Group Holdings PLC

     196,320        1,246,015  

Fevertree Drinks PLC

     59,906        877,419  

Firstgroup PLC

     408,619        752,598  

Fonix Mobile PLC

     179,283        423,424  

Forterra PLC(b)

     574,236        1,042,915  

FRP Advisory Group PLC

     283,978        410,732  

Galliford Try Holdings PLC

     282,117        838,463  

Gamma Communications PLC

     40,289        536,988  

Genuit Group PLC

     319,215        1,283,791  

Genus PLC

     27,112        693,599  

Grainger PLC

     458,802        1,308,138  

Great Portland Estates PLC

     188,643        961,977  

Greggs PLC

     85,408        2,551,910  

Halfords Group PLC

     331,541        802,445  

Hammerson PLC

     3,073,207        944,502  

Headlam Group PLC

     193,905        532,509  

Henry Boot PLC(a)

     107,333        256,770  

Hill & Smith PLC

     75,955        1,596,412  

Hilton Food Group PLC

     122,205        1,069,458  

Hunting PLC

     171,671        640,123  

I3 Energy PLC(a)

     2,446,861        443,796  

Ibstock PLC(b)

     974,612        1,695,126  

Impax Asset Management Group PLC

     138,235        773,593  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

 

 

Investments    Shares      Value  

IntegraFin Holdings PLC

     433,720      $ 1,255,682  

Jadestone Energy PLC*(a)

     704,945        279,637  

James Halstead PLC(a)

     225,748        570,361  

Kainos Group PLC

     70,629        990,509  

Keller Group PLC

     115,688        1,060,434  

Learning Technologies Group PLC

     363,207        284,385  

Liontrust Asset Management PLC

     185,472        1,374,113  

LondonMetric Property PLC

     2,040,312        4,283,320  

Lookers PLC

     735,698        1,163,751  

ME Group International PLC

     985,777        1,898,633  

Mears Group PLC

     167,890        565,574  

Mitie Group PLC

     1,171,925        1,470,444  

Moneysupermarket.com Group PLC

     1,011,082        2,993,868  

Morgan Advanced Materials PLC

     352,152        1,053,057  

Morgan Sindall Group PLC

     80,214        2,011,951  

Mortgage Advice Bureau Holdings Ltd.

     67,722        443,047  

NCC Group PLC

     273,647        394,120  

Next 15 Group PLC

     58,750        459,644  

Ninety One PLC

     1,317,875        2,752,198  

Oxford Instruments PLC

     21,501        572,098  

Pagegroup PLC

     939,273        4,805,832  

Pan African Resources PLC(a)

     4,305,129        755,615  

PayPoint PLC

     178,028        1,136,437  

Pets at Home Group PLC

     593,861        2,426,754  

Premier Foods PLC

     273,184        400,122  

Primary Health Properties PLC(a)

     2,044,622        2,320,873  

PZ Cussons PLC(a)

     412,940        713,683  

Quilter PLC(b)

     2,401,611        2,513,577  

Redde Northgate PLC

     459,809        1,896,923  

Redrow PLC

     758,737        4,582,225  

RWS Holdings PLC

     457,458        1,338,924  

Safestore Holdings PLC

     261,327        2,347,565  

Savills PLC

     170,518        1,801,328  

Serica Energy PLC

     633,028        1,922,334  

Shaftesbury Capital PLC

     543,084        760,964  

Smart Metering Systems PLC

     168,074        1,275,987  

Speedy Hire PLC

     1,745,406        680,648  

Spirent Communications PLC

     409,827        690,296  

SThree PLC

     141,459        645,740  

TBC Bank Group PLC

     111,049        4,045,893  

Telecom Plus PLC

     95,460        1,736,054  

TORM PLC, Class A

     80,932        2,198,190  

TP ICAP Group PLC

     1,147,525        2,382,440  

Travis Perkins PLC

     273,687        2,820,706  

TT Electronics PLC

     284,438        590,190  

Tyman PLC

     370,413        1,306,591  

Vertu Motors PLC

     143,934        131,232  

Vesuvius PLC

     498,809        2,643,501  

Victrex PLC

     78,330        1,343,259  

Videndum PLC

     68,606        275,913  

Virgin Money U.K. PLC

     1,176,207        2,416,865  

Volution Group PLC

     130,426        575,955  

Watkin Jones PLC(a)

     740,115        361,339  

Wickes Group PLC

     726,444        1,217,386  

Wincanton PLC

     206,301      689,934  

Workspace Group PLC

     311,265        1,863,861  

XPS Pensions Group PLC

     389,133        926,164  
     

 

 

 
Total United Kingdom               150,458,906  
TOTAL COMMON STOCKS
(Cost: $1,094,893,241)
              1,056,650,449  
EXCHANGE-TRADED FUNDS – 0.0%

 

United States – 0.0%      

WisdomTree Europe SmallCap Dividend Fund(c)

     4,408        231,288  

WisdomTree Japan SmallCap Dividend Fund(c)

     2,811        193,846  

TOTAL EXCHANGE-TRADED FUNDS

(Cost: $360,165)

              425,134  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.0%

 

United States – 6.0%      

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(d)

 

  
(Cost: $64,166,542)      64,166,542        64,166,542  
TOTAL INVESTMENTS IN SECURITIES – 104.8%

 

  
(Cost: $1,159,419,948)         1,121,242,125  

Other Assets less Liabilities – (4.8)%

        (51,736,531
     

 

 

 
NET ASSETS – 100.0%             $ 1,069,505,594  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $125,096,831 and the total market value of the collateral held by the Fund was $133,141,217. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $68,974,675.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2023

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree Europe SmallCap Dividend Fund

  $ 1,967,678     $ 5,851,369     $ 7,043,112     $ (286,721   $ (257,926   $ 231,288     $ 158,374  

WisdomTree Japan SmallCap Dividend Fund

    1,615,590       4,496,677       6,001,886       236,568       (153,103     193,846       26,515  

Total

  $ 3,583,268     $ 10,348,046     $ 13,044,998     $ (50,153   $ (411,029   $ 425,134     $ 184,889  

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and
Description of
Currency to
be Purchased

   

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

UBS AG

    10/2/2023       2,920,000       NOK       273,987       USD     $ 427     $  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2—Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

 

Japan

   $ 322,331,812      $ 334,046      $      $ 322,665,858  

Other

     733,984,591                      733,984,591  

Exchange-Traded Funds

     425,134                      425,134  

Investment of Cash Collateral for Securities Loaned

            64,166,542               64,166,542  

Total Investments in Securities

   $ 1,056,741,537      $ 64,500,588      $      $ 1,121,242,125  

Financial Derivative Instruments

        

Foreign Currency Contracts1

   $      $ 427      $      $ 427  

Total – Net

   $ 1,056,741,537      $ 64,501,015      $      $ 1,121,242,552  

 

1

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.4%

 

Japan – 98.4%

 

Air Freight & Logistics – 1.2%

 

AIT Corp.

     11,600      $ 137,669  

AZ-COM MARUWA Holdings, Inc.(a)

     15,200        216,757  

Hamakyorex Co. Ltd.

     6,100        165,964  

Konoike Transport Co. Ltd.

     13,700        177,556  

Mitsui-Soko Holdings Co. Ltd.

     14,900        429,851  

Sankyu, Inc.

     12,100        419,294  

SBS Holdings, Inc.

     6,400        120,173  

Senko Group Holdings Co. Ltd.

     62,356        437,923  

Shibusawa Warehouse Co. Ltd.(a)

     9,600        195,892  

Trancom Co. Ltd.(a)

     1,500        73,781  
     

 

 

 
Total Air Freight & Logistics

 

     2,374,860  
Automobile Components – 5.3%

 

Aisan Industry Co. Ltd.

     22,800        204,279  

Daido Metal Co. Ltd.

     34,200        130,635  

Daikyonishikawa Corp.

     31,200        168,310  

Eagle Industry Co. Ltd.

     31,200        354,182  

Exedy Corp.

     34,925        611,787  

Fujikura Composites, Inc.(a)

     12,600        99,213  

FuKoKu Co. Ltd.

     15,100        145,409  

Futaba Industrial Co. Ltd.

     32,600        167,123  

G-Tekt Corp.

     16,400        200,020  

H-One Co. Ltd.

     12,900        75,641  

KYB Corp.

     13,200        427,690  

Musashi Seimitsu Industry Co. Ltd.

     19,100        207,991  

NHK Spring Co. Ltd.

     120,100        920,720  

Nihon Tokushu Toryo Co. Ltd.

     16,000        141,960  

NOK Corp.

     69,900        930,048  

Pacific Industrial Co. Ltd.

     22,200        213,185  

Piolax, Inc.(a)

     15,300        234,588  

Press Kogyo Co. Ltd.

     76,200        351,830  

Riken Corp.*

     10,200        254,274  

Seiren Co. Ltd.(a)

     10,311        161,894  

Shoei Co. Ltd.(a)

     13,800        211,682  

Sumitomo Riko Co. Ltd.

     22,500        168,571  

Sumitomo Rubber Industries Ltd.

     84,200        931,575  

Suncall Corp.(a)

     16,300        53,523  

T RAD Co. Ltd.

     5,300        79,913  

Tachi-S Co. Ltd.

     20,700        236,096  

Tokai Rika Co. Ltd.(a)

     34,958        549,114  

Topre Corp.

     8,300        94,388  

Toyo Tire Corp.

     69,800        1,076,761  

Toyoda Gosei Co. Ltd.

     28,400        611,297  

TPR Co. Ltd.

     13,700        167,549  

TS Tech Co. Ltd.

     46,100        523,944  
     

 

 

 
Total Automobile Components

 

     10,705,192  
Automobiles – 0.1%

 

Nissan Shatai Co. Ltd.

     23,900        136,938  
Banks – 9.0%

 

77 Bank Ltd.(a)

     42,900        911,329  

Akita Bank Ltd.

     11,300        152,812  

Aozora Bank Ltd.(a)

     62,700      1,283,622  

Awa Bank Ltd.

     8,875        136,314  

Bank of Iwate Ltd.

     12,000        210,045  

Bank of Nagoya Ltd.

     10,369        360,631  

Bank of Saga Ltd.

     13,400        182,648  

Bank of the Ryukyus Ltd.(a)

     25,508        194,868  

Daishi Hokuetsu Financial Group, Inc.

     18,455        469,336  

Ehime Bank Ltd.

     17,699        116,471  

FIDEA Holdings Co. Ltd.

     17,080        183,476  

First Bank of Toyama Ltd.

     35,200        221,260  

Fukui Bank Ltd.

     4,948        51,527  

Gunma Bank Ltd.

     130,500        610,064  

Hachijuni Bank Ltd.(a)

     171,800        949,692  

Hirogin Holdings, Inc.

     114,900        706,224  

Hokkoku Financial Holdings, Inc.(a)

     4,762        165,940  

Hokuhoku Financial Group, Inc.

     40,900        438,669  

Hyakugo Bank Ltd.

     80,000        287,351  

Hyakujushi Bank Ltd.(a)

     16,400        288,161  

Juroku Financial Group, Inc.(a)

     15,800        396,522  

Keiyo Bank Ltd.

     51,442        238,552  

Kiyo Bank Ltd.(a)

     18,090        181,597  

Kyushu Financial Group, Inc.

     130,900        676,320  

Mebuki Financial Group, Inc.

     345,400        957,561  

Miyazaki Bank Ltd.

     6,400        119,144  

Musashino Bank Ltd.(a)

     13,800        255,516  

Nanto Bank Ltd.

     11,100        197,937  

Nishi-Nippon Financial Holdings, Inc.(a)

     64,800        741,688  

North Pacific Bank Ltd.

     141,015        341,139  

Ogaki Kyoritsu Bank Ltd.

     11,842        164,586  

Oita Bank Ltd.

     7,600        138,427  

Okinawa Financial Group, Inc.(a)

     6,080        98,845  

Procrea Holdings, Inc.(a)

     5,762        75,643  

San ju San Financial Group, Inc.

     18,600        231,339  

San-In Godo Bank Ltd.

     107,900        699,931  

Senshu Ikeda Holdings, Inc.(a)

     195,840        421,274  

Seven Bank Ltd.(a)

     614,700        1,280,685  

Shiga Bank Ltd.(a)

     27,184        637,588  

Shikoku Bank Ltd.

     24,500        166,644  

Suruga Bank Ltd.

     32,100        136,166  

Toho Bank Ltd.(a)

     120,900        228,472  

Tokyo Kiraboshi Financial Group, Inc.

     17,200        519,256  

TOMONY Holdings, Inc.

     45,877        141,728  

Towa Bank Ltd.(a)

     28,900        122,010  

Yamagata Bank Ltd.(a)

     15,500        117,996  

Yamaguchi Financial Group, Inc.

     80,300        705,198  

Yamanashi Chuo Bank Ltd.(a)

     17,600        196,021  
     

 

 

 
Total Banks

 

     18,108,225  
Beverages – 0.9%

 

Coca-Cola Bottlers Japan Holdings, Inc.

     69,500        915,644  

Sapporo Holdings Ltd.

     9,198        293,214  

Takara Holdings, Inc.

     63,211        508,738  
     

 

 

 
Total Beverages

 

     1,717,596  

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
Biotechnology – 0.1%

 

Takara Bio, Inc.

     21,700      $ 201,113  
Broadline Retail – 1.0%

 

ASKUL Corp.

     17,830        234,189  

Belluna Co. Ltd.(a)

     19,184        86,391  

Izumi Co. Ltd.

     17,100        453,670  

J Front Retailing Co. Ltd.

     60,100        615,801  

Mr Max Holdings Ltd.

     13,300        54,902  

Seria Co. Ltd.

     19,700        290,698  

Takashimaya Co. Ltd.

     21,500        315,242  
     

 

 

 
Total Broadline Retail

 

     2,050,893  
Building Products – 1.7%

 

Bunka Shutter Co. Ltd.(a)

     22,900        169,726  

Central Glass Co. Ltd.(a)

     10,586        210,337  

Nichias Corp.

     31,013        636,990  

Nichiha Corp.

     11,500        226,802  

Nitto Boseki Co. Ltd.(a)

     6,800        159,035  

Noritz Corp.

     11,700        124,350  

Okabe Co. Ltd.

     23,800        119,777  

Sanwa Holdings Corp.

     62,600        833,967  

Shin Nippon Air Technologies Co. Ltd.

     7,200        116,040  

Sinko Industries Ltd.

     9,000        133,349  

Takara Standard Co. Ltd.(a)

     24,831        308,339  

Takasago Thermal Engineering Co. Ltd.(a)

     16,972        330,512  
     

 

 

 
Total Building Products

 

     3,369,224  
Capital Markets – 1.3%

 

Ichiyoshi Securities Co. Ltd.

     30,688        144,571  

IwaiCosmo Holdings, Inc.

     20,600        241,167  

Marusan Securities Co. Ltd.(a)

     29,800        166,948  

Matsui Securities Co. Ltd.(a)

     121,700        669,564  

Monex Group, Inc.

     77,794        290,897  

Okasan Securities Group, Inc.

     84,400        393,084  

SBI Global Asset Management Co. Ltd.

     44,644        167,836  

Sparx Group Co. Ltd.

     17,800        179,759  

Tokai Tokyo Financial Holdings, Inc.

     132,100        429,342  
     

 

 

 
Total Capital Markets

 

     2,683,168  
Chemicals – 9.7%

 

ADEKA Corp.

     32,525        557,213  

Aica Kogyo Co. Ltd.

     21,615        483,359  

Asahi Yukizai Corp.

     7,000        173,329  

C Uyemura & Co. Ltd.

     7,200        454,991  

Chugoku Marine Paints Ltd.(a)

     19,500        177,065  

CI Takiron Corp.(a)

     25,500        98,087  

Daicel Corp.

     112,700        944,799  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     7,942        120,920  

Denka Co. Ltd.(a)

     35,300        639,410  

DIC Corp.

     33,400        543,554  

DKS Co. Ltd.

     5,800        67,629  

Fujimi, Inc.(a)

     35,100        706,822  

Fujimori Kogyo Co. Ltd.

     5,400        134,435  

Fuso Chemical Co. Ltd.(a)

     6,200        163,284  

Harima Chemicals Group, Inc.

     14,800        81,823  

Ishihara Sangyo Kaisha Ltd.

     19,500      193,530  

JCU Corp.

     5,700        118,794  

JSP Corp.

     10,623        145,437  

Kaneka Corp.

     18,500        481,267  

Kanto Denka Kogyo Co. Ltd.(a)

     13,100        76,726  

KeePer Technical Laboratory Co. Ltd.

     2,100        82,044  

KH Neochem Co. Ltd.

     15,900        244,533  

Konishi Co. Ltd.(a)

     12,000        183,347  

Kumiai Chemical Industry Co. Ltd.

     32,524        241,492  

Kureha Corp.

     5,064        282,342  

Lintec Corp.

     42,665        684,041  

MEC Co. Ltd.(a)

     3,600        89,261  

Moriroku Holdings Co. Ltd.

     10,100        151,948  

Nihon Nohyaku Co. Ltd.(a)

     20,800        91,577  

Nihon Parkerizing Co. Ltd.

     53,500        396,522  

Nippon Chemical Industrial Co. Ltd.

     6,100        79,916  

Nippon Kayaku Co. Ltd.

     85,800        718,426  

Nippon Pillar Packing Co. Ltd.(a)

     15,600        408,229  

Nippon Shokubai Co. Ltd.

     18,800        684,095  

Nippon Soda Co. Ltd.

     17,418        641,977  

Osaka Organic Chemical Industry Ltd.(a)

     5,900        99,872  

Osaka Soda Co. Ltd.(a)

     8,100        350,109  

Riken Technos Corp.

     24,200        115,952  

Sakai Chemical Industry Co. Ltd.

     10,900        151,128  

Sakata INX Corp.

     15,300        132,058  

Sanyo Chemical Industries Ltd.

     7,735        212,262  

Shikoku Kasei Holdings Corp.

     10,900        120,669  

Shin-Etsu Polymer Co. Ltd.

     27,400        245,677  

Sumitomo Bakelite Co. Ltd.

     13,318        582,163  

T Hasegawa Co. Ltd.(a)

     11,100        226,872  

Taiyo Holdings Co. Ltd.

     22,482        386,288  

Takasago International Corp.

     7,200        145,230  

Tayca Corp.

     7,700        70,692  

Teijin Ltd.

     69,500        676,720  

Toagosei Co. Ltd.

     53,700        483,651  

Tokai Carbon Co. Ltd.

     63,400        497,513  

Tokuyama Corp.

     25,600        403,150  

Tokyo Ohka Kogyo Co. Ltd.

     15,900        947,873  

Toyo Ink SC Holdings Co. Ltd.

     24,502        383,888  

Toyobo Co. Ltd.

     27,753        200,394  

UBE Corp.

     46,493        785,606  

Valqua Ltd.(a)

     13,237        367,239  

Zeon Corp.(a)

     51,800        542,559  
     

 

 

 
Total Chemicals

 

     19,469,789  
Commercial Services & Supplies – 1.4%

 

Aeon Delight Co. Ltd.

     10,000        220,472  

Daiseki Co. Ltd.

     5,588        149,787  

Inui Global Logistics Co. Ltd.(a)

     30,300        268,431  

Japan Elevator Service Holdings Co. Ltd.

     6,400        94,140  

Kokuyo Co. Ltd.

     30,300        481,531  

Matsuda Sangyo Co. Ltd.

     5,000        79,410  

Mitsubishi Pencil Co. Ltd.

     11,500        147,810  

Nippon Kanzai Holdings Co. Ltd.

     11,200        192,815  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Nippon Parking Development Co. Ltd.

     85,100      $ 121,470  

Okamura Corp.

     23,776        360,245  

Pilot Corp.

     6,700        230,375  

Prestige International, Inc.(a)

     16,700        69,273  

Sato Holdings Corp.(a)

     11,238        158,978  

Studio Alice Co. Ltd.(a)

     6,600        91,818  

TRE Holdings Corp.

     10,100        81,558  
     

 

 

 
Total Commercial Services & Supplies

 

     2,748,113  
Construction & Engineering – 5.9%

 

Asanuma Corp.

     12,300        295,909  

CTI Engineering Co. Ltd.

     3,800        114,465  

Dai-Dan Co. Ltd.

     11,400        113,446  

Daiho Corp.

     12,600        333,101  

EXEO Group, Inc.(a)

     42,700        876,749  

Fudo Tetra Corp.

     12,500        168,119  

Hazama Ando Corp.

     64,300        502,852  

INFRONEER Holdings, Inc.

     82,673        857,616  

Integrated Design & Engineering Holdings Co. Ltd.

     7,100        170,096  

JDC Corp.

     24,800        110,351  

Kandenko Co. Ltd.

     52,738        486,649  

Kumagai Gumi Co. Ltd.

     16,600        392,126  

Kyudenko Corp.(a)

     18,990        596,329  

MIRAIT ONE Corp.

     33,700        444,102  

Nippon Road Co. Ltd.

     10,500        132,213  

Nishimatsu Construction Co. Ltd.(a)

     30,607        760,534  

Nittoc Construction Co. Ltd.

     27,300        199,776  

Okumura Corp.(a)

     17,570        528,660  

Oriental Shiraishi Corp.

     73,900        162,929  

Penta-Ocean Construction Co. Ltd.

     65,293        389,067  

PS Mitsubishi Construction Co. Ltd.

     27,900        156,117  

Raito Kogyo Co. Ltd.

     18,000        248,846  

Raiznext Corp.

     16,400        159,796  

Sanki Engineering Co. Ltd.

     37,600        408,945  

Shinnihon Corp.

     27,600        227,125  

Sumitomo Mitsui Construction Co. Ltd.

     49,660        136,775  

Taihei Dengyo Kaisha Ltd.

     7,200        196,375  

Taikisha Ltd.

     10,165        307,896  

Takamatsu Construction Group Co. Ltd.(a)

     6,200        110,767  

Tekken Corp.

     11,100        158,215  

Tess Holdings Co. Ltd.

     6,600        23,264  

Toa Corp.(a)

     6,000        150,980  

Tobishima Corp.

     18,000        166,943  

Toda Corp.

     92,749        503,197  

Tokyo Energy & Systems, Inc.

     12,800        84,833  

Tokyu Construction Co. Ltd.

     24,400        127,539  

Totetsu Kogyo Co. Ltd.

     11,379        224,034  

Toyo Construction Co. Ltd.

     24,100        196,708  

Wakachiku Construction Co. Ltd.

     5,500        110,940  

Yokogawa Bridge Holdings Corp.

     15,800        295,830  

Yondenko Corp.

     7,500        142,888  

Yurtec Corp.

     16,000        102,932  
     

 

 

 
Total Construction & Engineering

 

     11,876,034  
Construction Materials – 0.5%

 

Sumitomo Osaka Cement Co. Ltd.

     11,340      279,121  

Taiheiyo Cement Corp.

     37,900        673,044  

Yotai Refractories Co. Ltd.

     11,200        109,354  
     

 

 

 
Total Construction Materials

 

     1,061,519  
Consumer Finance – 0.0%

 

J Trust Co. Ltd.(a)

     17,800        57,137  
Consumer Staples Distribution & Retail – 1.9%

 

Aeon Hokkaido Corp.

     13,200        77,135  

Ain Holdings, Inc.

     3,300        97,524  

Arcs Co. Ltd.

     23,494        428,709  

Belc Co. Ltd.

     2,400        110,491  

Create SD Holdings Co. Ltd.

     10,100        229,445  

Fuji Co. Ltd.

     11,400        136,441  

G-7 Holdings, Inc.(a)

     10,800        89,744  

H2O Retailing Corp.

     24,200        294,179  

Heiwado Co. Ltd.

     7,563        132,178  

Kato Sangyo Co. Ltd.

     12,716        338,724  

Life Corp.

     13,000        317,105  

Mitsubishi Shokuhin Co. Ltd.

     17,000        444,295  

Qol Holdings Co. Ltd.(a)

     13,100        163,020  

San-A Co. Ltd.

     3,700        118,519  

United Super Markets Holdings, Inc.(a)

     23,300        166,914  

Valor Holdings Co. Ltd.

     17,791        260,740  

Yaoko Co. Ltd.(a)

     4,800        247,326  

Yokorei Co. Ltd.(a)

     12,400        100,629  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     3,753,118  
Containers & Packaging – 0.5%

 

FP Corp.

     10,100        162,609  

Fuji Seal International, Inc.

     10,410        124,313  

Pack Corp.

     5,600        118,398  

Rengo Co. Ltd.

     65,800        452,410  

Tomoku Co. Ltd.(a)

     10,700        175,961  
     

 

 

 
Total Containers & Packaging

 

     1,033,691  
Distributors – 0.5%

 

Arata Corp.

     4,300        160,791  

Doshisha Co. Ltd.(a)

     13,000        194,270  

Happinet Corp.

     10,100        169,208  

PALTAC Corp.

     11,000        345,719  

Yamae Group Holdings Co. Ltd.

     5,300        129,992  
     

 

 

 
Total Distributors

 

     999,980  
Diversified Consumer Services – 0.4%

 

Asante, Inc.

     6,700        70,850  

Aucnet, Inc.

     7,500        90,116  

Benesse Holdings, Inc.(a)

     22,100        270,946  

Riso Kyoiku Co. Ltd.(a)

     78,500        130,461  

Tokyo Individualized Educational Institute, Inc.

     43,800        143,823  
     

 

 

 
Total Diversified Consumer Services

 

     706,196  
Diversified Telecommunication Services – 0.0%

 

Usen-Next Holdings Co. Ltd.

     4,300        96,532  

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
Electrical Equipment – 1.5%

 

Daihen Corp.

     7,400      $ 250,923  

Fujikura Ltd.

     38,800        312,402  

Furukawa Electric Co. Ltd.(a)

     15,700        250,611  

GS Yuasa Corp.(a)

     14,100        251,622  

Idec Corp.

     11,136        221,489  

Mabuchi Motor Co. Ltd.

     16,600        497,249  

Nippon Carbon Co. Ltd.

     5,700        173,989  

Nitto Kogyo Corp.(a)

     14,100        338,740  

Sanyo Denki Co. Ltd.

     2,300        105,425  

Sinfonia Technology Co. Ltd.

     13,300        143,405  

SWCC Corp.

     6,900        98,443  

Takaoka Toko Co. Ltd.(a)

     7,300        102,780  

Toyo Tanso Co. Ltd.

     5,100        185,237  
     

 

 

 
Total Electrical Equipment

 

     2,932,315  
Electronic Equipment, Instruments & Components – 7.1%

 

Ai Holdings Corp.

     21,300        338,002  

Alps Alpine Co. Ltd.(a)

     54,100        470,395  

Amano Corp.

     21,835        480,231  

Anritsu Corp.(a)

     27,900        199,586  

Canon Electronics, Inc.

     11,500        145,730  

Citizen Watch Co. Ltd.(a)

     146,000        900,117  

Daishinku Corp.

     18,100        93,396  

Daitron Co. Ltd.

     8,200        165,951  

Daiwabo Holdings Co. Ltd.

     28,395        545,161  

Dexerials Corp.(a)

     16,500        408,008  

Elematec Corp.

     25,354        314,323  

ESPEC Corp.

     6,700        107,847  

Hakuto Co. Ltd.(a)

     16,234        551,559  

Hioki EE Corp.

     3,300        159,886  

Hochiki Corp.

     9,500        103,006  

Horiba Ltd.

     12,700        688,851  

I-PEX, Inc.(a)

     9,400        100,283  

Innotech Corp.

     15,500        166,400  

Iriso Electronics Co. Ltd.

     3,700        104,138  

Japan Aviation Electronics Industry Ltd.(a)

     24,100        480,789  

Kaga Electronics Co. Ltd.

     13,400        582,784  

Koa Corp.(a)

     10,600        127,790  

Kyosan Electric Manufacturing Co. Ltd.

     35,900        117,161  

Macnica Holdings, Inc.

     23,500        1,107,087  

Marubun Corp.(a)

     15,600        120,012  

Maruwa Co. Ltd.(a)

     800        125,877  

Maxell Ltd.

     14,700        164,805  

Meiko Electronics Co. Ltd.(a)

     4,800        109,204  

Nichicon Corp.

     21,900        206,929  

Nippon Ceramic Co. Ltd.

     9,800        174,952  

Nippon Electric Glass Co. Ltd.

     61,600        1,150,059  

Nippon Signal Co. Ltd.(a)

     15,700        98,898  

Nissha Co. Ltd.

     9,100        102,449  

Nohmi Bosai Ltd.

     12,991        154,003  

Oki Electric Industry Co. Ltd.(a)

     32,900        221,795  

Optex Group Co. Ltd.

     7,700        83,540  

Osaki Electric Co. Ltd.(a)

     32,600        148,336  

Restar Holdings Corp.

     12,700      208,426  

Riken Keiki Co. Ltd.(a)

     5,200        210,126  

RYODEN Corp.

     14,761        229,984  

Ryosan Co. Ltd.(a)

     11,600        345,921  

Sanshin Electronics Co. Ltd.(a)

     9,300        135,675  

Satori Electric Co. Ltd.(a)

     13,500        170,441  

Shibaura Electronics Co. Ltd.

     2,300        92,786  

Siix Corp.

     12,700        129,617  

Sumida Corp.

     7,500        76,746  

Suzuden Corp.

     7,900        116,574  

Tachibana Eletech Co. Ltd.

     10,900        204,523  

Tokyo Electron Device Ltd.(a)

     10,200        242,312  

Tomen Devices Corp.(a)

     3,700        120,007  

Topcon Corp.

     28,200        311,717  

Tsuzuki Denki Co. Ltd.

     11,900        184,610  

Yokowo Co. Ltd.

     5,100        53,794  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     14,152,599  
Energy Equipment & Services – 0.1%

 

Toyo Kanetsu KK

     5,800        131,372  
Entertainment – 0.7%

 

Amuse, Inc.

     8,100        85,275  

COLOPL, Inc.(a)

     35,700        141,149  

Daiichikosho Co. Ltd.

     27,100        440,846  

GungHo Online Entertainment, Inc.

     11,000        174,002  

Marvelous, Inc.

     24,700        118,017  

MIXI, Inc.(a)

     32,500        516,385  
     

 

 

 
Total Entertainment

 

     1,475,674  
Financial Services – 0.3%

 

eGuarantee, Inc.

     5,500        71,797  

Financial Partners Group Co. Ltd.(a)

     48,500        437,142  

Japan Investment Adviser Co. Ltd.

     11,300        128,202  
     

 

 

 
Total Financial Services

 

     637,141  
Food Products – 3.8%

 

Ariake Japan Co. Ltd.(a)

     5,328        181,165  

Chubu Shiryo Co. Ltd.

     13,600        99,704  

DyDo Group Holdings, Inc.(a)

     2,400        88,618  

Ezaki Glico Co. Ltd.

     12,500        343,860  

Fuji Oil Holdings, Inc.

     16,700        253,759  

Fujicco Co. Ltd.

     10,200        131,785  

Fujiya Co. Ltd.

     5,500        93,764  

Hokuto Corp.

     6,691        81,606  

House Foods Group, Inc.(a)

     15,800        330,347  

Itoham Yonekyu Holdings, Inc.

     17,700        480,382  

J-Oil Mills, Inc.(a)

     11,100        132,702  

Kagome Co. Ltd.

     10,600        230,504  

Kotobuki Spirits Co. Ltd.

     8,500        137,675  

Kyokuyo Co. Ltd.

     4,600        121,454  

Marudai Food Co. Ltd.(a)

     9,600        107,306  

Maruha Nichiro Corp.

     16,632        285,996  

Megmilk Snow Brand Co. Ltd.

     22,900        351,883  

Mitsui DM Sugar Holdings Co. Ltd.

     10,998        221,839  

Morinaga & Co. Ltd.

     16,887        611,316  

Morinaga Milk Industry Co. Ltd.

     8,200        309,207  

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Nichirei Corp.(a)

     27,200      $ 598,774  

Nippn Corp.

     28,883        420,591  

Nisshin Oillio Group Ltd.

     9,800        274,840  

Nissui Corp.

     84,100        412,370  

Prima Meat Packers Ltd.

     16,100        264,656  

Riken Vitamin Co. Ltd.

     12,200        181,253  

S Foods, Inc.

     11,900        266,748  

Sakata Seed Corp.

     5,900        171,791  

Showa Sangyo Co. Ltd.(a)

     9,300        190,394  

Starzen Co. Ltd.

     4,600        79,808  

Warabeya Nichiyo Holdings Co. Ltd.

     6,800        128,777  

Yukiguni Maitake Co. Ltd.

     16,000        96,391  
     

 

 

 
Total Food Products

 

     7,681,265  
Gas Utilities – 0.7%

 

Hokkaido Gas Co. Ltd.

     8,200        130,398  

Nippon Gas Co. Ltd.

     42,100        625,187  

Saibu Gas Holdings Co. Ltd.

     15,100        195,296  

Shizuoka Gas Co. Ltd.

     11,792        80,523  

Toho Gas Co. Ltd.(a)

     19,100        333,746  
     

 

 

 
Total Gas Utilities

 

     1,365,150  
Ground Transportation – 1.0%

 

Alps Logistics Co. Ltd.(a)

     10,800        116,884  

Fukuyama Transporting Co. Ltd.

     8,011        210,978  

Ichinen Holdings Co. Ltd.

     12,600        121,335  

Maruzen Showa Unyu Co. Ltd.

     5,400        136,968  

Nikkon Holdings Co. Ltd.(a)

     18,360        388,916  

Nishi-Nippon Railroad Co. Ltd.(a)

     11,300        187,910  

Sakai Moving Service Co. Ltd.

     9,800        163,788  

Seino Holdings Co. Ltd.(a)

     39,700        557,489  

Sotetsu Holdings, Inc.

     10,500        206,939  
     

 

 

 
Total Ground Transportation

 

     2,091,207  
Health Care Equipment & Supplies – 1.6%

 

Eiken Chemical Co. Ltd.

     17,170        157,173  

Hogy Medical Co. Ltd.

     9,200        196,978  

Japan Lifeline Co. Ltd.

     26,600        207,488  

Jeol Ltd.

     5,700        170,284  

Mani, Inc.

     13,300        161,677  

Menicon Co. Ltd.

     5,600        72,202  

Mizuho Medy Co. Ltd.(a)

     7,400        146,735  

Nagaileben Co. Ltd.

     11,626        165,947  

Nakanishi, Inc.

     17,700        414,552  

Nihon Kohden Corp.

     13,100        324,109  

Nipro Corp.(a)

     32,700        264,931  

Paramount Bed Holdings Co. Ltd.

     16,342        257,902  

PHC Holdings Corp.

     57,600        589,027  
     

 

 

 
Total Health Care Equipment & Supplies

 

     3,129,005  
Health Care Providers & Services – 0.9%

 

As One Corp.(a)

     5,900        215,875  

BML, Inc.

     12,400        232,336  

France Bed Holdings Co. Ltd.

     14,800        120,304  

H.U. Group Holdings, Inc.(a)

     32,900        560,000  

Ship Healthcare Holdings, Inc.

     12,514        190,236  

Solasto Corp.

     17,600      73,125  

Toho Holdings Co. Ltd.

     10,600        227,734  

Tokai Corp.

     9,400        119,685  

Vital KSK Holdings, Inc.

     22,300        149,738  
     

 

 

 
Total Health Care Providers & Services

 

     1,889,033  
Health Care Technology – 0.0%

 

EM Systems Co. Ltd.

     11,500        56,720  
Hotels, Restaurants & Leisure – 1.6%

 

Create Restaurants Holdings, Inc.

     21,400        163,772  

Doutor Nichires Holdings Co. Ltd.

     11,800        184,245  

Food & Life Cos. Ltd.

     10,000        168,470  

Heiwa Corp.(a)

     28,600        411,104  

Hiday Hidaka Corp.

     6,398        116,277  

Ichibanya Co. Ltd.

     7,636        278,882  

KFC Holdings Japan Ltd.

     6,100        122,388  

KOMEDA Holdings Co. Ltd.

     14,700        285,676  

Kura Sushi, Inc.(a)

     2,100        47,777  

Kyoritsu Maintenance Co. Ltd.(a)

     2,000        83,391  

MOS Food Services, Inc.(a)

     4,400        97,008  

Ohsho Food Service Corp.(a)

     5,800        268,574  

Resorttrust, Inc.

     23,308        348,859  

Round One Corp.

     46,800        175,627  

Saizeriya Co. Ltd.(a)

     3,900        126,755  

St. Marc Holdings Co. Ltd.

     11,500        145,884  

Tokyotokeiba Co. Ltd.(a)

     6,642        178,930  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     3,203,619  
Household Durables – 1.9%

 

Casio Computer Co. Ltd.(a)

     77,800        653,525  

Cleanup Corp.

     30,800        148,195  

ES-Con Japan Ltd.

     41,000        256,344  

Fuji Corp. Ltd.

     23,200        114,115  

Hoosiers Holdings Co. Ltd.

     21,600        157,486  

JVCKenwood Corp.(a)

     46,300        211,914  

Ki-Star Real Estate Co. Ltd.(a)

     9,000        278,640  

Pressance Corp.(a)

     14,088        172,955  

Sangetsu Corp.

     36,000        702,751  

Tama Home Co. Ltd.

     13,900        331,606  

Tamron Co. Ltd.(a)

     9,966        305,208  

Token Corp.

     4,000        213,905  

Zojirushi Corp.(a)

     15,200        181,616  
     

 

 

 
Total Household Durables

 

     3,728,260  
Household Products – 0.3%

 

Earth Corp.(a)

     5,700        187,931  

Pigeon Corp.

     41,000        463,920  
     

 

 

 
Total Household Products

 

     651,851  
Independent Power & Renewable Electricity Producers – 0.1%

 

eRex Co. Ltd.(a)

     4,900        25,186  

West Holdings Corp.

     5,547        119,508  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     144,694  
Industrial Conglomerates – 0.5%

 

Mie Kotsu Group Holdings, Inc.(a)

     24,900        95,111  

Nisshinbo Holdings, Inc.

     59,300        441,894  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Noritsu Koki Co. Ltd.

     5,100      $ 113,637  

TOKAI Holdings Corp.(a)

     57,200        354,949  
     

 

 

 
Total Industrial Conglomerates

 

     1,005,591  
Interactive Media & Services – 0.1%

 

Infocom Corp.

     11,700        215,771  
IT Services – 1.9%

 

Comture Corp.

     5,400        83,845  

Digital Garage, Inc.

     4,900        112,957  

DTS Corp.

     16,082        343,787  

Future Corp.

     23,500        237,165  

I-Net Corp.

     14,700        168,844  

Ines Corp.

     6,000        66,102  

Information Services International-Dentsu Ltd.

     14,700        563,471  

JBCC Holdings, Inc.

     9,500        181,310  

Mitsubishi Research Institute, Inc.

     3,900        126,494  

NEC Networks & System Integration Corp.

     36,937        486,140  

NET One Systems Co. Ltd.

     17,700        336,623  

NSD Co. Ltd.

     28,700        545,440  

SB Technology Corp.

     4,800        72,599  

Simplex Holdings, Inc.

     6,300        114,327  

TDC Soft, Inc.

     10,700        121,323  

Uchida Yoko Co. Ltd.

     3,600        163,565  
     

 

 

 
Total IT Services

 

     3,723,992  
Leisure Products – 1.0%

 

Furyu Corp.

     9,400        97,323  

GLOBERIDE, Inc.(a)

     6,100        82,573  

Mizuno Corp.(a)

     9,223        292,960  

Roland Corp.

     8,300        228,045  

Sankyo Co. Ltd.

     19,900        914,020  

Tomy Co. Ltd.

     26,600        385,386  

Yonex Co. Ltd.(a)

     7,500        80,315  
     

 

 

 
Total Leisure Products

 

     2,080,622  
Life Sciences Tools & Services – 0.1%

 

Shin Nippon Biomedical Laboratories Ltd.(a)

     9,000        112,903  
Machinery – 5.9%

 

Aichi Corp.(a)

     24,200        162,333  

Aida Engineering Ltd.

     18,000        120,985  

Anest Iwata Corp.

     18,900        151,479  

Asahi Diamond Industrial Co. Ltd.(a)

     21,800        129,434  

Bando Chemical Industries Ltd.

     24,300        267,223  

CKD Corp.

     23,741        327,895  

DMG Mori Co. Ltd.

     40,500        690,176  

Fujitec Co. Ltd.(a)

     16,761        387,505  

Fukushima Galilei Co. Ltd.(a)

     2,600        84,590  

Furukawa Co. Ltd.

     7,900        88,940  

Giken Ltd.

     5,900        79,471  

Glory Ltd.

     15,200        303,745  

Hitachi Zosen Corp.

     25,200        141,684  

Hokuetsu Industries Co. Ltd.(a)

     13,100        182,597  

Hosokawa Micron Corp.

     4,900        134,629  

Japan Steel Works Ltd.

     11,704        217,805  

Juki Corp.

     12,200        50,525  

Kitz Corp.

     39,289        272,502  

Kyokuto Kaihatsu Kogyo Co. Ltd.(a)

     14,080      166,063  

Makino Milling Machine Co. Ltd.(a)

     5,300        231,925  

Max Co. Ltd.

     16,600        305,135  

Meidensha Corp.

     10,500        158,107  

METAWATER Co. Ltd.

     12,200        152,474  

Mitsuboshi Belting Ltd.(a)

     26,746        822,678  

Morita Holdings Corp.

     11,405        121,750  

Nachi-Fujikoshi Corp.(a)

     9,000        242,453  

Nikkiso Co. Ltd.

     12,900        87,657  

Nikko Co. Ltd.

     34,300        151,244  

Nippon Thompson Co. Ltd.(a)

     26,300        97,639  

Nissei ASB Machine Co. Ltd.

     3,600        109,767  

Nitta Corp.(a)

     12,900        287,003  

Nitto Kohki Co. Ltd.

     9,600        126,349  

Noritake Co. Ltd.

     6,700        279,270  

NTN Corp.(a)

     40,600        77,459  

Obara Group, Inc.(a)

     5,279        136,552  

Oiles Corp.(a)

     13,000        174,930  

OKUMA Corp.(a)

     6,670        293,887  

Organo Corp.(a)

     10,300        289,898  

OSG Corp.

     27,600        325,892  

Ryobi Ltd.(a)

     9,000        183,347  

Shibaura Machine Co. Ltd.

     6,061        167,340  

Shibuya Corp.

     6,900        116,106  

Shinmaywa Industries Ltd.

     20,485        175,027  

Shinwa Co. Ltd.

     7,800        124,037  

Sodick Co. Ltd.

     25,500        125,086  

Star Micronics Co. Ltd.

     17,534        220,666  

Takeuchi Manufacturing Co. Ltd.

     12,800        420,305  

Takuma Co. Ltd.

     19,200        199,173  

Teikoku Electric Manufacturing Co. Ltd.

     7,400        125,362  

Tocalo Co. Ltd.

     32,100        292,982  

Torishima Pump Manufacturing Co. Ltd.

     15,100        192,462  

Tsubakimoto Chain Co.

     18,245        473,777  

Tsugami Corp.

     17,200        133,704  

Union Tool Co.(a)

     5,900        153,406  

YAMABIKO Corp.

     22,000        212,297  
     

 

 

 
Total Machinery

 

     11,746,727  
Marine Transportation – 0.5%

 

Iino Kaiun Kaisha Ltd.(a)

     73,800        518,789  

NS United Kaiun Kaisha Ltd.(a)

     16,300        430,370  
     

 

 

 
Total Marine Transportation

 

     949,159  
Media – 0.8%

 

Carta Holdings, Inc.

     9,900        84,653  

Digital Holdings, Inc.

     18,200        121,476  

FAN Communications, Inc.

     30,300        80,814  

Gakken Holdings Co. Ltd.

     11,000        64,205  

Intage Holdings, Inc.(a)

     14,700        220,266  

Macromill, Inc.

     10,300        50,594  

Proto Corp.

     13,500        109,646  

SKY Perfect JSAT Holdings, Inc.

     133,200        623,936  

ValueCommerce Co. Ltd.(a)

     8,000        68,300  

Wowow, Inc.

     9,900        75,365  

 

See Notes to Financial Statements.

 

WisdomTree Trust      79  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Zenrin Co. Ltd.(a)

     18,780      $ 114,901  
     

 

 

 
Total Media

 

     1,614,156  
Metals & Mining – 5.4%

 

ARE Holdings, Inc.(a)

     32,600        414,423  

Daido Steel Co. Ltd.(a)

     19,000        774,260  

Daiki Aluminium Industry Co. Ltd.(a)

     19,500        170,662  

Dowa Holdings Co. Ltd.

     16,800        523,618  

Hakudo Co. Ltd.(a)

     7,000        106,484  

Kobe Steel Ltd.(a)

     263,000        3,434,994  

Kyoei Steel Ltd.

     12,114        161,547  

Maruichi Steel Tube Ltd.

     34,000        847,579  

Mitsubishi Materials Corp.

     34,000        551,154  

Mitsui Mining & Smelting Co. Ltd.(a)

     27,600        701,907  

Nakayama Steel Works Ltd.(a)

     25,300        153,436  

Neturen Co. Ltd.(a)

     27,300        183,128  

Nippon Denko Co. Ltd.(a)

     92,200        187,829  

Nippon Light Metal Holdings Co. Ltd.

     30,100        339,476  

Nippon Yakin Kogyo Co. Ltd.(a)

     7,200        224,118  

Nittetsu Mining Co. Ltd.(a)

     7,300        245,086  

Sanyo Special Steel Co. Ltd.

     23,600        465,911  

Toho Titanium Co. Ltd.(a)

     9,400        112,945  

Toho Zinc Co. Ltd.

     4,600        50,431  

Tokyo Steel Manufacturing Co. Ltd.(a)

     48,600        548,775  

Topy Industries Ltd.(a)

     10,400        177,370  

UACJ Corp.

     18,000        378,757  
     

 

 

 
Total Metals & Mining

 

     10,753,890  
Oil, Gas & Consumable Fuels – 1.3%

 

Cosmo Energy Holdings Co. Ltd.

     51,900        1,829,412  

Fuji Oil Co. Ltd.

     37,600        86,425  

Itochu Enex Co. Ltd.

     41,681        420,371  

Sala Corp.

     26,300        134,122  

San-Ai Obbli Co. Ltd.

     22,216        236,266  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     2,706,596  
Paper & Forest Products – 0.5%

 

Daiken Corp.

     15,200        305,070  

Daio Paper Corp.(a)

     30,300        248,532  

Hokuetsu Corp.(a)

     34,132        248,170  

Tokushu Tokai Paper Co. Ltd.

     5,800        132,927  
     

 

 

 
Total Paper & Forest Products

 

     934,699  
Personal Care Products – 0.4%

 

Mandom Corp.

     11,400        105,425  

Milbon Co. Ltd.

     4,200        117,113  

Noevir Holdings Co. Ltd.

     17,800        631,007  
     

 

 

 
Total Personal Care Products

 

     853,545  
Pharmaceuticals – 1.6%

 

Fuji Pharma Co. Ltd.

     15,600        121,894  

Hisamitsu Pharmaceutical Co., Inc.

     17,900        653,384  

JCR Pharmaceuticals Co. Ltd.(a)

     12,500        125,272  

Kaken Pharmaceutical Co. Ltd.

     16,100        377,618  

Kyorin Pharmaceutical Co. Ltd.

     21,385        262,395  

Mochida Pharmaceutical Co. Ltd.

     14,722        329,019  

Sawai Group Holdings Co. Ltd.

     12,224        375,014  

Seikagaku Corp.

     15,000      81,220  

Torii Pharmaceutical Co. Ltd.

     4,400        114,110  

Towa Pharmaceutical Co. Ltd.

     13,000        247,499  

Tsumura & Co.

     21,600        402,399  

ZERIA Pharmaceutical Co. Ltd.

     13,300        197,773  
     

 

 

 
Total Pharmaceuticals

 

     3,287,597  
Professional Services – 2.3%

 

Altech Corp.

     9,860        167,499  

Bell System24 Holdings, Inc.

     41,000        434,110  

Dip Corp.

     7,400        182,489  

en Japan, Inc.

     10,900        170,047  

Forum Engineering, Inc.

     18,300        161,263  

FULLCAST Holdings Co. Ltd.

     9,700        122,335  

Funai Soken Holdings, Inc.

     12,910        225,801  

IR Japan Holdings Ltd.

     7,500        87,603  

JAC Recruitment Co. Ltd.

     15,500        264,037  

LIKE, Inc.

     6,500        66,688  

Link & Motivation, Inc.

     9,100        26,466  

Meitec Corp.

     31,200        565,353  

Nomura Co. Ltd.

     22,500        143,843  

Open Up Group, Inc.

     18,500        227,492  

Quick Co. Ltd.

     6,600        93,013  

Tanseisha Co. Ltd.

     17,200        107,770  

TechnoPro Holdings, Inc.

     17,400        379,308  

TKC Corp.

     10,300        251,245  

Transcosmos, Inc.(a)

     29,000        620,908  

Weathernews, Inc.

     1,700        71,999  

Will Group, Inc.

     9,600        69,736  

World Holdings Co. Ltd.(a)

     4,500        73,218  

YAMADA Consulting Group Co. Ltd.

     10,900        118,039  
     

 

 

 
Total Professional Services

 

     4,630,262  
Real Estate Management & Development – 1.8%

 

Arealink Co. Ltd.

     6,800        134,154  

Dear Life Co. Ltd.(a)

     35,900        192,461  

Goldcrest Co. Ltd.(a)

     17,800        264,450  

Good Com Asset Co. Ltd.

     16,400        114,957  

Grandy House Corp.

     33,200        142,167  

Heiwa Real Estate Co. Ltd.

     13,168        351,205  

Ichigo, Inc.

     99,900        218,244  

JINUSHI Co. Ltd.

     8,000        102,825  

Katitas Co. Ltd.(a)

     9,800        143,035  

Keihanshin Building Co. Ltd.

     16,200        149,054  

Loadstar Capital KK

     6,800        84,576  

Mirarth Holdings, Inc.

     72,900        231,560  

Nisshin Group Holdings Co. Ltd.

     45,500        164,651  

SAMTY Co. Ltd.

     17,300        274,991  

Star Mica Holdings Co. Ltd.

     15,100        63,648  

Starts Corp., Inc.(a)

     22,800        446,298  

Sun Frontier Fudousan Co. Ltd.

     28,100        283,589  

Tosei Corp.

     16,700        216,101  
     

 

 

 
Total Real Estate Management & Development

 

     3,577,966  

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
Semiconductors & Semiconductor Equipment – 1.8%

 

Ferrotec Holdings Corp.

     9,000      $ 172,491  

Furuya Metal Co. Ltd.

     2,100        145,371  

Japan Material Co. Ltd.(a)

     9,200        141,429  

Micronics Japan Co. Ltd.(a)

     17,200        244,241  

Mimasu Semiconductor Industry Co. Ltd.

     6,827        127,230  

Mitsui High-Tec, Inc.(a)

     3,700        192,407  

Optorun Co. Ltd.

     8,200        101,054  

Rorze Corp.

     1,500        103,837  

Shibaura Mechatronics Corp.(a)

     4,800        226,772  

Shindengen Electric Manufacturing Co. Ltd.

     3,700        75,748  

Tokyo Seimitsu Co. Ltd.

     27,600        1,385,318  

Towa Corp.

     5,800        161,494  

Ulvac, Inc.

     9,900        357,919  

Yamaichi Electronics Co. Ltd.

     18,200        210,021  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     3,645,332  
Software – 0.8%

 

Computer Engineering & Consulting Ltd.

     13,000        139,125  

Cresco Ltd.

     9,000        106,752  

Cybernet Systems Co. Ltd.

     9,000        46,862  

Digital Arts, Inc.(a)

     1,600        49,590  

Fuji Soft, Inc.

     12,000        389,211  

Fukui Computer Holdings, Inc.

     3,900        69,650  

Justsystems Corp.

     3,600        72,350  

Miroku Jyoho Service Co. Ltd.

     12,000        132,444  

SRA Holdings

     7,600        177,490  

Systena Corp.(a)

     73,600        132,675  

UNITED, Inc.

     20,600        131,696  

WingArc1st, Inc.

     9,400        160,693  
     

 

 

 
Total Software

 

     1,608,538  
Specialty Retail – 3.6%

 

Adastria Co. Ltd.

     12,500        241,330  

Alpen Co. Ltd.

     9,700        125,715  

AOKI Holdings, Inc.

     14,900        100,948  

Aoyama Trading Co. Ltd.

     9,900        110,859  

ARCLANDS Corp.

     22,536        241,028  

Asahi Co. Ltd.

     12,600        106,896  

Autobacs Seven Co. Ltd.

     44,500        471,764  

Bic Camera, Inc.(a)

     20,400        150,787  

Chiyoda Co. Ltd.

     16,391        100,724  

DCM Holdings Co. Ltd.(a)

     41,745        339,611  

EDION Corp.(a)

     52,739        522,354  

Honeys Holdings Co. Ltd.(a)

     14,800        155,414  

IDOM, Inc.

     24,000        117,246  

Joshin Denki Co. Ltd.

     8,200        129,244  

Joyful Honda Co. Ltd.(a)

     22,600        266,248  

K’s Holdings Corp.(a)

     111,500        1,025,150  

Keiyo Co. Ltd.(a)

     13,300        73,173  

Kohnan Shoji Co. Ltd.

     7,900        206,467  

Kojima Co. Ltd.(a)

     18,100        77,385  

Komeri Co. Ltd.(a)

     12,737        268,866  

Nafco Co. Ltd.

     5,800        74,703  

Nextage Co. Ltd.(a)

     5,900        90,225  

Nishimatsuya Chain Co. Ltd.(a)

     11,100      121,098  

Nojima Corp.

     19,000        166,413  

PAL GROUP Holdings Co. Ltd.

     31,200        405,198  

Sanrio Co. Ltd.

     5,600        266,443  

Scroll Corp.

     44,100        293,458  

T-Gaia Corp.

     20,500        242,469  

VT Holdings Co. Ltd.

     74,300        254,430  

World Co. Ltd.

     10,000        109,901  

Xebio Holdings Co. Ltd.

     21,300        142,737  

Yellow Hat Ltd.

     21,700        275,858  
     

 

 

 
Total Specialty Retail

 

     7,274,142  
Technology Hardware, Storage & Peripherals – 0.7%

 

Eizo Corp.

     6,700        227,636  

Elecom Co. Ltd.

     23,300        272,152  

MCJ Co. Ltd.

     30,900        232,333  

Riso Kagaku Corp.

     9,300        145,584  

Roland DG Corp.

     7,100        161,769  

Toshiba TEC Corp.

     5,000        114,425  

Wacom Co. Ltd.

     45,711        181,649  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     1,335,548  
Textiles, Apparel & Luxury Goods – 1.1%

 

Baroque Japan Ltd.

     24,600        135,014  

Descente Ltd.(a)

     5,000        143,575  

Fujibo Holdings, Inc.

     5,500        132,501  

Gunze Ltd.

     6,583        198,957  

Japan Wool Textile Co. Ltd.

     22,725        204,978  

Kurabo Industries Ltd.

     11,876        194,186  

Morito Co. Ltd.

     17,200        156,065  

Onward Holdings Co. Ltd.(a)

     85,233        298,151  

Seiko Group Corp.(a)

     11,000        192,836  

Wacoal Holdings Corp.

     16,900        382,791  

Yondoshi Holdings, Inc.

     12,000        151,664  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     2,190,718  
Trading Companies & Distributors – 2.7%

 

Advan Group Co. Ltd.

     15,400        108,876  

Alconix Corp.(a)

     10,900        98,902  

Chori Co. Ltd.

     12,000        240,925  

Daiichi Jitsugyo Co. Ltd.

     9,300        116,044  

Hanwa Co. Ltd.

     9,422        299,597  

Inaba Denki Sangyo Co. Ltd.

     23,988        520,028  

Inabata & Co. Ltd.

     23,941        502,163  

JK Holdings Co. Ltd.

     12,100        78,491  

Kamei Corp.

     13,000        127,191  

Kanamoto Co. Ltd.

     11,028        194,066  

Kanematsu Corp.

     29,300        406,047  

KPP Group Holdings Co. Ltd.

     19,200        88,264  

MARUKA FURUSATO Corp.

     5,500        98,961  

Mitsui Matsushima Holdings Co. Ltd.(a)

     7,100        131,081  

Nagase & Co. Ltd.

     24,804        390,697  

Nichiden Corp.

     9,800        163,591  

Nishio Holdings Co. Ltd.

     11,000        260,211  

Onoken Co. Ltd.(a)

     13,500        155,694  

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Schedule of Investments (unaudited) (concluded)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Shinsho Corp.

     7,100      $ 275,483  

Totech Corp.

     7,700        268,836  

Trusco Nakayama Corp.

     8,400        137,913  

Wakita & Co. Ltd.(a)

     16,100        151,371  

Yamazen Corp.

     33,706        265,627  

Yuasa Trading Co. Ltd.

     9,900        274,327  
     

 

 

 
Total Trading Companies & Distributors

 

     5,354,386  
Transportation Infrastructure – 0.4%

 

Mitsubishi Logistics Corp.

     22,600        601,556  

Nissin Corp.(a)

     9,000        161,334  
     

 

 

 
Total Transportation Infrastructure

 

     762,890  
Wireless Telecommunication Services – 0.2%

 

Okinawa Cellular Telephone Co.

     20,900        450,982  

TOTAL COMMON STOCKS

(Cost: $208,642,235)

 

 

     197,235,235  
EXCHANGE-TRADED FUND – 0.4%

 

United States – 0.4%

 

WisdomTree Japan Hedged Equity Fund(b)
(Cost: $665,966)
     8,386        740,065  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 10.9%

 

United States – 10.9%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

     
(Cost: $21,790,518)      21,790,518      21,790,518  

TOTAL INVESTMENTS IN SECURITIES – 109.7%

(Cost: $231,098,719)

 

 

     219,765,818  

Other Assets less Liabilities – (9.7)%

 

     (19,368,203
     

 

 

 
NET ASSETS – 100.0%

 

   $ 200,397,615  

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $44,376,373 and the total market value of the collateral held by the Fund was $46,903,311. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $25,112,793.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree Japan Hedged Equity Fund

  $ 237,973     $ 1,326,102     $ 911,014     $ 24,348     $ 62,656     $ 740,065     $ 11,693  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

 

Automobile Components

   $ 10,450,918      $ 254,274      $      $ 10,705,192  

Other

     186,530,043                      186,530,043  

Exchange-Traded Fund

     740,065                      740,065  

Investment of Cash Collateral for Securities Loaned

            21,790,518               21,790,518  

Total Investments in Securities

   $ 197,721,026      $ 22,044,792      $      $ 219,765,818  

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

September 30, 2023

 

 

 

      WisdomTree
Europe Quality
Dividend
Growth Fund
     WisdomTree
Europe SmallCap
Dividend Fund
     WisdomTree
International
AI Enhanced
Value Fund
     WisdomTree
International
Equity Fund
     WisdomTree
International
High Dividend
Fund
 

ASSETS:

 

Investments, at cost

   $ 67,487,323      $ 221,744,596      $ 78,729,660      $ 519,423,958      $ 384,794,730  

Investment in affiliates, at cost (Note 3)

            588,027                      335,301  

Foreign currency, at cost

     15,145        226,964        135,152        371,814        551,623  

Investments in securities, at value1,2 (Note 2)

     70,766,509        198,573,211        74,601,341        582,572,905        390,220,073  

Investment in affiliates, at value (Note 3)

            583,960                      345,800  

Cash

     7,024        63,313        156,930        8,679        56,436  

Foreign currency, at value

     15,117        228,163        135,250        372,852        552,463  

Unrealized appreciation on foreign currency contracts

                                 224  

Receivables:

 

Investment securities sold3

     31,616        770,705               74,761        21,894,445  

Dividends

     119,390        472,364        368,371        1,891,521        1,302,763  

Securities lending income

     228        34,931        804        45,917        43,239  

Foreign tax reclaims

     354,935        1,224,236        343,210        2,272,089        1,058,353  

Other (Note 6)

     4,816        450,836        14,228        51,615        14,276  

Total Assets

     71,299,635        202,401,719        75,620,134        587,290,339        415,488,072  

LIABILITIES:

 

Unrealized depreciation on foreign currency contracts

     142        19                      31  

Payables:

 

Cash collateral received for securities loaned (Note 2)

     1,109,418        11,862,323        3,807,872        29,986,152        29,197,912  

Investment securities purchased

                                 324,612  

Capital shares redeemed

                                 21,790,783  

Due to broker

            11                       

Advisory fees (Note 3)

     34,221        93,156        34,916        226,188        188,633  

Service fees (Note 2)

     260        710        266        2,073        1,434  

Other (Note 6)

     1,445        613,563        4,268        15,485        4,283  

Total Liabilities

     1,145,486        12,569,782        3,847,322        30,229,898        51,507,688  

NET ASSETS

   $ 70,154,149      $ 189,831,937      $ 71,772,812      $ 557,060,441      $ 363,980,384  

NET ASSETS:

 

Paid-in capital

   $ 81,556,948      $ 512,468,750      $ 145,772,505      $ 688,566,783      $ 443,431,588  

Total distributable earnings (loss)

     (11,402,799      (322,636,813      (73,999,693      (131,506,342      (79,451,204

NET ASSETS

   $ 70,154,149      $ 189,831,937      $ 71,772,812      $ 557,060,441      $ 363,980,384  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     2,450,000        3,600,000        1,900,000        11,450,000        10,000,000  

Net asset value per share

   $ 28.63      $ 52.73      $ 37.78      $ 48.65      $ 36.40  

1 Includes market value of securities out on loan of:

   $ 1,934,053      $ 16,511,178      $ 4,216,138      $ 41,617,322      $ 39,072,896  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

3 Includes market value of securities out on loan, which were sold and pending settlement, of:

                               $ 1,362  

 

See Notes to Financial Statements.

 

WisdomTree Trust      83  


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

September 30, 2023

 

 

 

      WisdomTree
International
LargeCap
Dividend Fund
     WisdomTree
International
MidCap
Dividend Fund
     WisdomTree
International
Multifactor
Fund
     WisdomTree
International
Quality Dividend
Growth Fund
     WisdomTree
International
SmallCap
Dividend Fund
 

ASSETS:

 

Investments, at cost

   $ 447,846,319      $ 142,073,795      $ 39,199,140      $ 847,826,731      $ 1,159,059,783  

Investment in affiliates, at cost (Note 3)

     853,330                             360,165  

Foreign currency, at cost

     223,466        79,857        6,196        14,676        520,762  

Investments in securities, at value1,2 (Note 2)

     520,058,925        142,670,067        40,280,752        860,352,114        1,120,816,991  

Investment in affiliates, at value (Note 3)

     834,951                             425,134  

Cash

     2,422,328        6,626        20,025        164,947        754,936  

Foreign currency, at value

     223,745        80,142        6,195        14,600        520,293  

Unrealized appreciation on foreign currency contracts

     9               582,976               427  

Receivables:

              

Investment securities sold

            26,635                      1,123,037  

Capital shares sold

     36,102                              

Dividends

     1,425,025        531,355        112,573        1,739,373        6,962,604  

Securities lending income

     36,729        3,815        494        4,088        80,430  

Interest

            47                      890  

Foreign tax reclaims

     2,088,085        304,086        99,853        1,497,192        3,096,756  

Other (Note 6)

     21,345        24,298        5,956        24,106        597,168  

Total Assets

     527,147,244        143,647,071        41,108,824        863,796,420        1,134,378,666  

LIABILITIES:

 

Unrealized depreciation on foreign currency contracts

     31               52,418                

Payables:

              

Cash collateral received for securities loaned (Note 2)

     23,699,794        11,573,128        1,283,356        18,481,616        64,166,542  

Investment securities purchased

     2,267,535               350,630                

Advisory fees (Note 3)

     198,898        64,289        12,477        295,635        523,397  

Service fees (Note 2)

     1,825        488        144        3,097        3,982  

Other (Note 6)

     6,403        7,286        1,787        7,232        179,151  

Total Liabilities

     26,174,486        11,645,191        1,700,812        18,787,580        64,873,072  

NET ASSETS

   $ 500,972,758      $ 132,001,880      $ 39,408,012      $ 845,008,840      $ 1,069,505,594  

NET ASSETS:

 

Paid-in capital

   $ 552,526,429      $ 176,126,433      $ 41,460,549      $ 900,985,455      $ 1,499,078,390  

Total distributable earnings (loss)

     (51,553,671      (44,124,553      (2,052,537      (55,976,615      (429,572,796

NET ASSETS

   $ 500,972,758      $ 132,001,880      $ 39,408,012      $ 845,008,840      $ 1,069,505,594  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     10,950,000        2,350,000        1,600,000        26,350,000        18,500,000  

Net asset value per share

   $ 45.75      $ 56.17      $ 24.63      $ 32.07      $ 57.81  

1 Includes market value of securities out on loan of:

   $ 28,525,422      $ 20,268,095      $ 3,381,058      $ 35,770,452      $ 125,096,831  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Trust

September 30, 2023

 

 

 

      WisdomTree
Japan SmallCap
Dividend Fund
 

ASSETS:

 

Investments, at cost

   $ 230,432,753  

Investment in affiliates, at cost (Note 3)

     665,966  

Foreign currency, at cost

     20,129  

Investments in securities, at value1,2 (Note 2)

     219,025,753  

Investment in affiliates, at value (Note 3)

     740,065  

Cash

     128,688  

Foreign currency, at value

     20,153  

Receivables:

 

Dividends

     2,133,604  

Securities lending income

     10,224  

Foreign tax reclaims

     225,279  

Total Assets

     222,283,766  

LIABILITIES:

 

Payables:

  

Cash collateral received for securities loaned (Note 2)

     21,790,518  

Advisory fees (Note 3)

     94,912  

Service fees (Note 2)

     721  

Total Liabilities

     21,886,151  

NET ASSETS

   $ 200,397,615  

NET ASSETS:

 

Paid-in capital

   $ 330,633,643  

Total distributable earnings (loss)

     (130,236,028

NET ASSETS

   $ 200,397,615  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     2,900,000  

Net asset value per share

   $ 69.10  

1 Includes market value of securities out on loan of:

   $ 44,376,373  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

 

See Notes to Financial Statements.

 

WisdomTree Trust      85  


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

     WisdomTree
Europe Quality
Dividend
Growth Fund
    WisdomTree
Europe SmallCap
Dividend Fund
    WisdomTree
International
AI Enhanced
Value Fund
    WisdomTree
International
Equity Fund
    WisdomTree
International
High Dividend
Fund
 

INVESTMENT INCOME:

 

Dividends

  $ 1,391,810     $ 8,214,847     $ 2,446,586     $ 17,195,068     $ 16,813,610  

Dividends from affiliates (Note 3)

          54,037                   119,617  

Interest

    400       38,592       1,355       2,921       2,239  

Non-cash dividends

    2,981       190,583             79,878       43,537  

Securities lending income, net (Note 2)

    8,295       311,989       21,622       479,837       629,576  

Less: Foreign withholding taxes on dividends

    (153,314     (900,682     (207,635     (1,661,521     (1,532,323

Total investment income

    1,250,172       7,909,366       2,261,928       16,096,183       16,076,256  

EXPENSES:

 

Advisory fees (Note 3)

    206,603       645,809       217,759       1,390,378       1,218,035  

Service fees (Note 2)

    1,567       4,899       1,652       12,745       9,240  

Total expenses

    208,170       650,708       219,411       1,403,123       1,227,275  

Expense waivers (Note 3)

          (2,295                 (2,349

Net expenses

    208,170       648,413       219,411       1,403,123       1,224,926  

Net investment income

    1,042,002       7,260,953       2,042,517       14,693,060       14,851,330  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

    (235,561     (2,228,040     (244,892     (540,345     (2,051,975

Investment transactions in affiliates (Note 3)

          (147,990                 (37,207

In-kind redemptions

          5,485,819       323,754       5,804,430       11,080,019  

Foreign currency contracts

    2,272       14,179       25,735       (27,156     14,021  

Foreign currency related transactions

    (461     (23,177     (42,531     (119,213     (88,805

Net realized gain (loss)

    (233,750     3,100,791       62,066       5,117,716       8,916,053  

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

    (3,421,183     (23,400,858     (1,675,443     (17,434,238     (21,168,826

Investment transactions in affiliates (Note 3)

          (6,413                 (149,707

Foreign currency contracts

    (142     554       (113           359  

Translation of assets and liabilities denominated in foreign currencies

    (6,713     (13,046     (12,247     (47,399     (41,054

Net decrease in unrealized appreciation/depreciation

    (3,428,038     (23,419,763     (1,687,803     (17,481,637     (21,359,228

Net realized and unrealized loss on investments

    (3,661,788     (20,318,972     (1,625,737     (12,363,921     (12,443,175

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ (2,619,786   $ (13,058,019   $ 416,780     $ 2,329,139     $ 2,408,155  

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

     WisdomTree
International
LargeCap
Dividend Fund
    WisdomTree
International
MidCap
Dividend Fund
    WisdomTree
International
Multifactor
Fund
    WisdomTree
International
Quality Dividend
Growth Fund
    WisdomTree
International
SmallCap
Dividend Fund
 

INVESTMENT INCOME:

 

Dividends

  $ 14,940,948     $ 3,984,729     $ 1,087,437     $ 11,341,784     $ 35,660,608  

Dividends from affiliates (Note 3)

    25,364                         184,889  

Interest

    3,172       608       220       4,869       40,356  

Non-cash dividends

    56,740       20,028                   314,810  

Securities lending income, net (Note 2)

    487,131       50,015       10,442       64,265       647,891  

Less: Foreign withholding taxes on dividends

    (1,329,885     (399,809     (89,233     (1,098,909     (3,422,482

Total investment income

    14,183,470       3,655,571       1,008,866       10,312,009       33,426,072  

EXPENSES:

 

Advisory fees (Note 3)

    1,208,510       386,919       76,575       1,690,922       3,330,311  

Service fees (Note 2)

    11,078       2,936       887       17,714       25,265  

Total expenses

    1,219,588       389,855       77,462       1,708,636       3,355,576  

Expense waivers (Note 3)

    (913                       (9,819

Net expenses

    1,218,675       389,855       77,462       1,708,636       3,345,757  

Net investment income

    12,964,795       3,265,716       931,404       8,603,373       30,080,315  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

    185,734       (439,902     249,771       130,319       (6,152,333

Investment transactions in affiliates (Note 3)

    16,165                         (50,153

In-kind redemptions

                            10,459,345  

Futures contracts

                (686            

Foreign currency contracts

    (1,831     (1,104     (42,362     (27,820     (25,955

Foreign currency related transactions

    (67,251     (47,420     13,179       36,752       (484,829

Net realized gain (loss)

    132,817       (488,426     219,902       139,251       3,746,075  

Net increase (decrease) in unrealized appreciation/depreciation:

         

Investment transactions

    (9,459,734     (3,672,460     (1,503,380     (46,713,255     (56,360,058

Investment transactions in affiliates (Note 3)

    (37,983                       (411,029

Foreign currency contracts

    (22     102       774,345             436  

Translation of assets and liabilities denominated in foreign currencies

    (55,003     (5,431     (2,109     (49,098     (74,390

Net decrease in unrealized appreciation/depreciation

    (9,552,742     (3,677,789     (731,144     (46,762,353     (56,845,041

Net realized and unrealized loss on investments

    (9,419,925     (4,166,215     (511,242     (46,623,102     (53,098,966

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ 3,544,870     $ (900,499   $ 420,162     $ (38,019,729   $ (23,018,651

 

See Notes to Financial Statements.

 

WisdomTree Trust      87  


Statements of Operations (unaudited) (concluded)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

      WisdomTree
Japan SmallCap
Dividend Fund
 

INVESTMENT INCOME:

  

Dividends

   $ 2,950,241  

Dividends from affiliates (Note 3)

     11,693  

Interest

     267  

Securities lending income, net (Note 2)

     34,473  

Less: Foreign withholding taxes on dividends

     (296,380

Total investment income

     2,700,294  

EXPENSES:

 

Advisory fees (Note 3)

     545,078  

Service fees (Note 2)

     4,135  

Total expenses

     549,213  

Expense waivers (Note 3)

     (526

Net expenses

     548,687  

Net investment income

     2,151,607  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

     (155,202

Investment transactions in affiliates (Note 3)

     24,348  

In-kind redemptions

     1,081,574  

Foreign currency contracts

     (3,223

Foreign currency related transactions

     (194,372

Net realized gain

     753,125  

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

     5,605,109  

Investment transactions in affiliates (Note 3)

     62,656  

Translation of assets and liabilities denominated in foreign currencies

     (25,836

Net increase in unrealized appreciation/depreciation

     5,641,929  

Net realized and unrealized gain on investments

     6,395,054  

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ 8,546,661  

 

See Notes to Financial Statements.

 

88   WisdomTree Trust


Statements of Changes in Net Assets

WisdomTree Trust

 

 

 

 

      WisdomTree Europe Quality
Dividend Growth Fund
     WisdomTree Europe SmallCap
Dividend Fund
     WisdomTree International AI
Enhanced Value Fund
 
     

For the

Six Months Ended
September 30, 2023
(unaudited)

     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 1,042,002      $ 1,632,953      $ 7,260,953      $ 13,431,740      $ 2,042,517      $ 3,709,293  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

     (233,750      (7,730,499      3,100,791        (51,114,324      62,066        (13,490,823

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (3,428,038      3,014,323        (23,419,763      3,760,195        (1,687,803      6,533,136  

Net increase (decrease) in net assets resulting from operations

     (2,619,786      (3,083,223      (13,058,019      (33,922,389      416,780        (3,248,394

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (1,018,000      (1,667,670      (7,555,500      (14,405,217      (2,450,250      (4,170,635

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     4,551,237        18,424,119               50,584,868        1,911,224         

Cost of shares redeemed

            (16,778,882      (40,351,862      (47,265,636      (5,889,662      (36,378,090

Net increase (decrease) in net assets resulting from capital share transactions

     4,551,237        1,645,237        (40,351,862      3,319,232        (3,978,438      (36,378,090

Net Increase (Decrease) in Net Assets

     913,451        (3,105,656      (60,965,381      (45,008,374      (6,011,908      (43,797,119

NET ASSETS:

 

Beginning of period

   $ 69,240,698      $ 72,346,354      $ 250,797,318      $ 295,805,692      $ 77,784,720      $ 121,581,839  

End of period

   $ 70,154,149      $ 69,240,698      $ 189,831,937      $ 250,797,318      $ 71,772,812      $ 77,784,720  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     2,300,000        2,300,000        4,300,000        4,350,000        2,000,000        3,000,000  

Shares created

     150,000        650,000               850,000        50,000         

Shares redeemed

            (650,000      (700,000      (900,000      (150,000      (1,000,000

Shares outstanding, end of period

     2,450,000        2,300,000        3,600,000        4,300,000        1,900,000        2,000,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     

WisdomTree International

Equity Fund

     WisdomTree International High
Dividend Fund
     WisdomTree International LargeCap
Dividend Fund
 
      For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 14,693,060      $ 25,509,784      $ 14,851,330      $ 14,495,358      $ 12,964,795      $ 17,714,031  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

     5,117,716        (23,381,839      8,916,053        (13,383,670      132,817        (17,772,367

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (17,481,637      (24,797,741      (21,359,228      11,402,305        (9,552,742      15,832,146  

Net increase (decrease) in net assets resulting from operations

     2,329,139        (22,669,796      2,408,155        12,513,993        3,544,870        15,773,810  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (15,392,500      (26,843,795      (15,284,500      (14,557,836      (12,957,750      (18,097,424

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     22,667,868        43,192,061        19,182,859        213,596,432        18,551,230        112,351,029  

Cost of shares redeemed

     (22,696,997      (57,953,886      (55,512,909                     

Net increase (decrease) in net assets resulting from capital share transactions

     (29,129      (14,761,825      (36,330,050      213,596,432        18,551,230        112,351,029  

Net Increase (Decrease) in Net Assets

     (13,092,490      (64,275,416      (49,206,395      211,552,589        9,138,350        110,027,415  

NET ASSETS:

 

Beginning of period

   $ 570,152,931      $ 634,428,347      $ 413,186,779      $ 201,634,190      $ 491,834,408      $ 381,806,993  

End of period

   $ 557,060,441      $ 570,152,931      $ 363,980,384      $ 413,186,779      $ 500,972,758      $ 491,834,408  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     11,450,000        11,950,000        11,000,000        5,050,000        10,550,000        7,800,000  

Shares created

     450,000        900,000        500,000        5,950,000        400,000        2,750,000  

Shares redeemed

     (450,000      (1,400,000      (1,500,000                     

Shares outstanding, end of period

     11,450,000        11,450,000        10,000,000        11,000,000        10,950,000        10,550,000  

 

See Notes to Financial Statements.

 

90   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

      WisdomTree International MidCap
Dividend Fund
     WisdomTree International Multifactor
Fund
     WisdomTree International Quality
Dividend Growth Fund
 
      For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 3,265,716      $ 5,069,979      $ 931,404      $ 1,316,274      $ 8,603,373      $ 13,253,119  

Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions

     (488,426      (13,885,400      219,902        (539,077      139,251        (58,788,022

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (3,677,789      718,605        (731,144      413,640        (46,762,353      52,354,050  

Net increase (decrease) in net assets resulting from operations

     (900,499      (8,096,816      420,162        1,190,837        (38,019,729      6,819,147  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (3,959,250      (5,553,560      (1,008,000      (1,277,796      (8,230,000      (13,540,674

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     8,686,299        11,005,333               9,671,353        225,342,745        330,148,196  

Cost of shares redeemed

            (5,032,369             (2,474,953             (31,250,555

Net increase in net assets resulting from capital share transactions

     8,686,299        5,972,964               7,196,400        225,342,745        298,897,641  

Net Increase (Decrease) in Net Assets

     3,826,550        (7,677,412      (587,838      7,109,441        179,093,016        292,176,114  

NET ASSETS:

 

Beginning of period

   $ 128,175,330      $ 135,852,742      $ 39,995,850      $ 32,886,409      $ 665,915,824      $ 373,739,710  

End of period

   $ 132,001,880      $ 128,175,330      $ 39,408,012      $ 39,995,850      $ 845,008,840      $ 665,915,824  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     2,200,000        2,100,000        1,600,000        1,300,000        19,750,000        10,150,000  

Shares created

     150,000        200,000               400,000        6,600,000        10,650,000  

Shares redeemed

            (100,000             (100,000             (1,050,000

Shares outstanding, end of period

     2,350,000        2,200,000        1,600,000        1,600,000        26,350,000        19,750,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


Statements of Changes in Net Assets (concluded)

WisdomTree Trust

 

 

 

 

      WisdomTree International SmallCap
Dividend Fund
     WisdomTree Japan SmallCap
Dividend Fund
 
      For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
     For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 30,080,315      $ 56,124,574      $ 2,151,607      $ 4,558,221  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

     3,746,075        (165,290,057      753,125        (26,812,312

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (56,845,041      8,194,398        5,641,929        25,168,900  

Net increase (decrease) in net assets resulting from operations

     (23,018,651      (100,971,085      8,546,661        2,914,809  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (31,481,750      (62,885,580      (1,290,548      (7,163,312

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

            36,161,923        17,284,142        15,564,306  

Cost of shares redeemed

     (69,786,640      (8,875,297      (6,639,360      (41,967,436

Net increase (decrease) in net assets resulting from capital share transactions

     (69,786,640      27,286,626        10,644,782        (26,403,130

Net Increase (Decrease) in Net Assets

     (124,287,041      (136,570,039      17,900,895        (30,651,633

NET ASSETS:

 

Beginning of period

   $ 1,193,792,635      $ 1,330,362,674      $ 182,496,720      $ 213,148,353  

End of period

   $ 1,069,505,594      $ 1,193,792,635      $ 200,397,615      $ 182,496,720  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     19,650,000        19,200,000        2,750,000        3,200,000  

Shares created

            600,000        250,000        250,000  

Shares redeemed

     (1,150,000      (150,000      (100,000      (700,000

Shares outstanding, end of period

     18,500,000        19,650,000        2,900,000        2,750,000  

 

See Notes to Financial Statements.

 

92   WisdomTree Trust


Financial Highlights

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Europe Quality Dividend
Growth Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Period Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 30.10     $ 31.45     $ 31.24     $ 22.13     $ 25.06     $ 26.24  

Investment operations:

           

Net investment income1

    0.44       0.72       1.08       0.66       0.62       0.61  

Net realized and unrealized gain (loss)

    (1.47     (1.35     0.21 2      9.10       (2.93     (1.05

Total from investment operations

    (1.03     (0.63     1.29       9.76       (2.31     (0.44

Dividends to shareholders:

           

Net investment income

    (0.44     (0.72     (1.08     (0.65     (0.62     (0.74

Net asset value, end of period

  $ 28.63     $ 30.10     $ 31.45     $ 31.24     $ 22.13     $ 25.06  

TOTAL RETURN3

    (3.48 )%      (1.64 )%      4.02     44.43     (9.46 )%      (1.62 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 70,154     $ 69,241     $ 72,346     $ 46,856     $ 25,450     $ 41,342  

Ratios to average net assets of:

           

Expenses

    0.58 %4      0.59 %5      0.59 %5      0.58     0.58     0.58

Net investment income

    2.93 %4      2.63     3.26     2.37     2.42     2.41

Portfolio turnover rate6

    1     43     53     61     43     42

 

WisdomTree Europe SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 58.32     $ 68.00     $ 69.71     $ 41.06     $ 58.54     $ 69.55  

Investment operations:

           

Net investment income1

    1.86       3.42       2.03       1.31       2.43       2.57  

Net realized and unrealized gain (loss)

    (5.38     (9.57     (1.79     28.62       (17.41     (10.87

Total from investment operations

    (3.52     (6.15     0.24       29.93       (14.98     (8.30

Dividends to shareholders:

           

Net investment income

    (2.07     (3.53     (1.95     (1.28     (2.50     (2.71

Net asset value, end of period

  $ 52.73     $ 58.32     $ 68.00     $ 69.71     $ 41.06     $ 58.54  

TOTAL RETURN3

    (6.11 )%      (8.50 )%      0.18     73.76     (26.54 )%      (12.19 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 189,832     $ 250,797     $ 295,806     $ 310,227     $ 320,231     $ 667,402  

Ratios to average net assets7 of:

           

Expenses8

    0.58 %4      0.65 %5      0.73 %5      0.58     0.58     0.58

Net investment income

    6.52 %4      6.00     2.77     2.39     4.15     4.06

Portfolio turnover rate6

    6     46     68     92     50     52

 

1 

Based on average shares outstanding.

 

2 

The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree Europe SmallCap Dividend Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Annualized.

 

5 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

6 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

7 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

8 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

See Notes to Financial Statements.

 

WisdomTree Trust      93  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree International AI
Enhanced Value Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 20221
    For the
Year Ended
March 31, 20211
    For the
Year Ended
March 31, 20201
    For the
Year Ended
March 31, 20191
 

Net asset value, beginning of period

  $ 38.89     $ 40.53     $ 42.46     $ 31.66     $ 41.19     $ 43.18  

Investment operations:

           

Net investment income2

    1.07       1.56       2.14       1.64       1.69       1.74  

Net realized and unrealized gain (loss)

    (0.86     (1.46     (1.98     10.78       (9.52     (1.98

Total from investment operations

    0.21       0.10       0.16       12.42       (7.83     (0.24

Dividends to shareholders:

           

Net investment income

    (1.32     (1.74     (2.09     (1.62     (1.70     (1.75

Net asset value, end of period

  $ 37.78     $ 38.89     $ 40.53     $ 42.46     $ 31.66     $ 41.19  

TOTAL RETURN3

    0.50     0.80     0.30     39.87     (19.77 )%      (0.49 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 71,773     $ 77,785     $ 121,582     $ 144,348     $ 106,061     $ 179,189  

Ratios to average net assets of:

           

Expenses

    0.58 %4      0.59 %5      0.58 %6,7,8      0.58 %7,8      0.58 %7,8      0.58 %7,8 

Net investment income

    5.44 %4      4.25     5.03 %8      4.34 %8      4.17 %8      4.17 %8 

Portfolio turnover rate9

    71     148 %10      99 %10,11      61     45     41

 

WisdomTree International Equity

Fund

  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 49.80     $ 53.09     $ 52.63     $ 39.65     $ 50.59     $ 54.63  

Investment operations:

           

Net investment income2

    1.27       2.11       1.94       1.47       1.69       1.86  

Net realized and unrealized gain (loss)

    (1.08     (3.19     0.50       12.99       (10.88     (3.98

Total from investment operations

    0.19       (1.08     2.44       14.46       (9.19     (2.12

Dividends to shareholders:

           

Net investment income

    (1.34     (2.21     (1.98     (1.48     (1.75     (1.92

Net asset value, end of period

  $ 48.65     $ 49.80     $ 53.09     $ 52.63     $ 39.65     $ 50.59  

TOTAL RETURN3

    0.38     (1.55 )%      4.62     36.92     (18.80 )%      (3.89 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 557,060     $ 570,153     $ 634,428     $ 602,625     $ 580,910     $ 837,260  

Ratios to average net assets of:

           

Expenses

    0.48 %4      0.49 %12      0.49 %7,8,12      0.48 %7,8      0.48 %7,8      0.48 %7,8 

Net investment income

    5.07 %4      4.49     3.58 %8      3.13 %8      3.36 %8      3.59 %8 

Portfolio turnover rate9

    1     24     31     47     23     15

 

1 

The information reflects the investment objective and strategy of the WisdomTree International Dividend ex-Financials Fund through January 17, 2022 and the investment objective and strategy of the WisdomTree International AI Enhanced Value Fund thereafter.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Annualized.

 

5 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

6 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been unchanged.

 

7 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

8 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

9 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

10 

The increase in the portfolio turnover rate was primarily a result of the change in investment objective and strategy on January 18, 2022.

 

11 

On January 7, 2022, Voya Investment Management Co., LLC replaced Mellon Investments Corporation as sub-advisor to the Fund.

 

12 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.48%.

 

See Notes to Financial Statements.

 

94   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree International High
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 37.56     $ 39.93     $ 39.29     $ 29.53     $ 40.30     $ 43.25  

Investment operations:

           

Net investment income1

    1.33       2.11       1.90       1.54       1.65       1.78  

Net realized and unrealized gain (loss)

    (1.13     (2.37     0.63       9.73       (10.75     (2.89

Total from investment operations

    0.20       (0.26     2.53       11.27       (9.10     (1.11

Dividends to shareholders:

           

Net investment income

    (1.36     (2.11     (1.89     (1.51     (1.67     (1.84

Net asset value, end of period

  $ 36.40     $ 37.56     $ 39.93     $ 39.29     $ 29.53     $ 40.30  

TOTAL RETURN2

    0.57     0.01     6.61     38.88     (23.48 )%      (2.53 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 363,980     $ 413,187     $ 201,634     $ 182,685     $ 174,236     $ 251,852  

Ratios to average net assets3 of:

           

Expenses4

    0.58 %5      0.58 %6      0.59 %7      0.58     0.58     0.58

Net investment income

    7.07 %5      5.89     4.80     4.43     4.18     4.32

Portfolio turnover rate8

    4     36     40     57     34     24

 

WisdomTree International LargeCap
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 46.62     $ 48.95     $ 47.34     $ 36.81     $ 46.37     $ 49.48  

Investment operations:

           

Net investment income1

    1.21       1.94       1.79       1.42       1.56       1.81  

Net realized and unrealized gain (loss)

    (0.86     (2.23     1.63       10.55       (9.52     (3.09

Total from investment operations

    0.35       (0.29     3.42       11.97       (7.96     (1.28

Dividends to shareholders:

           

Net investment income

    (1.22     (2.04     (1.81     (1.44     (1.60     (1.83

Net asset value, end of period

  $ 45.75     $ 46.62     $ 48.95     $ 47.34     $ 36.81     $ 46.37  

TOTAL RETURN2

    0.73     (0.05 )%      7.27     32.91     (17.78 )%      (2.55 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 500,973     $ 491,834     $ 381,807     $ 352,717     $ 327,622     $ 389,510  

Ratios to average net assets3 of:

           

Expenses4

    0.48 %5      0.49 %9      0.49 %9      0.48     0.48     0.48

Net investment income

    5.15 %5      4.43     3.63     3.33     3.38     3.83

Portfolio turnover rate8

    1     23     30     38     14     14

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Annualized.

 

6 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been unchanged.

 

7 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

8 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

9 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.48%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      95  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree International MidCap
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 58.26     $ 64.69     $ 67.16     $ 47.06     $ 61.98     $ 68.12  

Investment operations:

           

Net investment income1

    1.43       2.31       2.54       1.51       2.03       2.00  

Net realized and unrealized gain (loss)

    (1.77     (6.20     (2.53     20.12       (14.87     (6.17

Total from investment operations

    (0.34     (3.89     0.01       21.63       (12.84     (4.17

Dividends to shareholders:

           

Net investment income

    (1.75     (2.54     (2.48     (1.53     (2.08     (1.97

Net asset value, end of period

  $ 56.17     $ 58.26     $ 64.69     $ 67.16     $ 47.06     $ 61.98  

TOTAL RETURN2

    (0.59 )%      (5.68 )%      (0.13 )%      46.54     (21.43 )%      (6.16 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 132,002     $ 128,175     $ 135,853     $ 144,404     $ 169,413     $ 278,924  

Ratios to average net assets of:

           

Expenses

    0.58 %3      0.59 %4      0.59 %4      0.58     0.58     0.58 %5,6 

Net investment income

    4.90 %3      4.10     3.75     2.63     3.30     3.12 %5 

Portfolio turnover rate7

    2     39     44     62     33     28

 

WisdomTree International
Multifactor Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the Period
August 10, 2018*
through
March 31, 2019
 

Net asset value, beginning of period

  $ 25.00     $ 25.30     $ 25.43     $ 20.88     $ 24.72     $ 24.75  

Investment operations:

           

Net investment income1

    0.58       0.95       0.79       0.59       0.75       0.55  

Net realized and unrealized gain (loss)

    (0.32     (0.33     0.00 8      4.53       (3.88     (0.27

Total from investment operations

    0.26       0.62       0.79       5.12       (3.13     0.28  

Dividends to shareholders:

           

Net investment income

    (0.63     (0.92     (0.92     (0.57     (0.71     (0.31

Net asset value, end of period

  $ 24.63     $ 25.00     $ 25.30     $ 25.43     $ 20.88     $ 24.72  

TOTAL RETURN2

    1.04     2.76     3.03     24.70     (13.08 )%      1.18

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 39,408     $ 39,996     $ 32,886     $ 38,138     $ 33,408     $ 19,778  

Ratios to average net assets of:

           

Expenses

    0.38 %3      0.39 %9      0.39 %9      0.38     0.38 %5,6      0.38 %3 

Net investment income

    4.62 %3      3.98     3.01     2.47     3.04 %5      3.61 %3 

Portfolio turnover rate7

    65     118     105     123     132     114

 

*

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

Based on average shares outstanding.

 

2 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Annualized.

 

4 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

5 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

6 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

7 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

8 

Amount represents less than $0.005.

 

9 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.38%.

 

See Notes to Financial Statements.

 

96   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree International Quality
Dividend Growth Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Period Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 33.72     $ 36.82     $ 36.95     $ 25.87     $ 28.62     $ 30.50  

Investment operations:

           

Net investment income1

    0.36       1.06       1.22       0.91       0.70       0.58  

Net realized and unrealized gain (loss)

    (1.67     (3.03     (0.27 )2      10.98       (2.77     (1.95

Total from investment operations

    (1.31     (1.97     0.95       11.89       (2.07     (1.37

Dividends to shareholders:

           

Net investment income

    (0.34     (1.13     (1.08     (0.81     (0.68     (0.51

Net asset value, end of period

  $ 32.07     $ 33.72     $ 36.82     $ 36.95     $ 25.87     $ 28.62  

TOTAL RETURN3

    (3.92 )%      (4.85 )%      2.46     46.22     (7.43 )%      (4.43 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 845,009     $ 665,916     $ 373,740     $ 190,307     $ 68,551     $ 71,541  

Ratios to average net assets of:

           

Expenses, net of expense waivers

    0.42 %4      0.43 %5      0.42     0.41 %6      0.38 %7      0.38 %7 

Expenses, prior to expense waivers

    0.42 %4      0.43 %5      0.42     0.44     0.48     0.48

Net investment income

    2.14 %4      3.38     3.16     2.73     2.38     2.05

Portfolio turnover rate8

    0 %9      48     63     66     51     55

 

WisdomTree International
SmallCap Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 60.75     $ 69.29     $ 72.16     $ 48.29     $ 65.74     $ 75.80  

Investment operations:

           

Net investment income1

    1.59       2.91       2.27       1.55       2.36       2.19  

Net realized and unrealized gain (loss)

    (2.85     (8.19     (2.72     23.97       (17.32     (10.01

Total from investment operations

    (1.26     (5.28     (0.45     25.52       (14.96     (7.82

Dividends to shareholders:

           

Net investment income

    (1.68     (3.26     (2.42     (1.65     (2.49     (2.24

Net asset value, end of period

  $ 57.81     $ 60.75     $ 69.29     $ 72.16     $ 48.29     $ 65.74  

TOTAL RETURN3

    (2.09 )%      (7.23 )%      (0.79 )%      53.46     (23.58 )%      (10.41 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 1,069,506     $ 1,193,793     $ 1,330,363     $ 1,403,518     $ 1,161,439     $ 1,673,095  

Ratios to average net assets10 of:

           

Expenses, net of expense waivers11

    0.58 %4      0.60 %12      0.61 %12      0.58     0.58     0.58

Net investment income

    5.24 %4      4.87     3.08     2.54     3.63     3.15

Portfolio turnover rate8

    5     51     55     74     50     35

 

1 

Based on average shares outstanding.

 

2 

The amount of net realized and unrealized loss per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Annualized.

 

5 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.42%.

 

6 

The investment advisor had contractually agreed to limit the advisory fee to 0.38% through July 31, 2020. On July 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.42%.

 

7 

Effective April 7, 2016, the investment advisor contractually agreed to limit the advisory fee to 0.38% through July 31, 2020, unless earlier terminated by the Board of Trustees of the Trust.

 

8 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

9 

Amount represents less than 1%.

 

10 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

11 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

12 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      97  


Financial Highlights (concluded)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Japan SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 66.36     $ 66.61     $ 76.06     $ 58.64     $ 68.10     $ 80.93  

Investment operations:

           

Net investment income1

    0.78       1.58       1.71       1.17       1.14       1.00  

Net realized and unrealized gain (loss)

    2.42       0.61 2      (9.68     18.13       (8.95     (12.61

Total from investment operations

    3.20       2.19       (7.97     19.30       (7.81     (11.61

Dividends to shareholders:

           

Net investment income

    (0.46     (2.44     (1.48     (1.88     (1.65     (1.22

Net asset value, end of period

  $ 69.10     $ 66.36     $ 66.61     $ 76.06     $ 58.64     $ 68.10  

TOTAL RETURN3

    4.86     3.62     (10.62 )%      33.27     (11.85 )%      (14.38 )% 

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

  $ 200,398     $ 182,497     $ 213,148     $ 190,141     $ 237,503     $ 616,294  

Ratios to average net assets4 of:

           

Expenses5

    0.58 %6      0.58     0.58     0.58     0.58     0.58

Net investment income

    2.29 %6      2.56     2.34     1.73     1.67     1.35

Portfolio turnover rate7

    2     26     36     43     38     42

 

1 

Based on average shares outstanding.

 

2 

The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

6 

Annualized.

 

7 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

98   WisdomTree Trust


Notes to Financial Statements (unaudited)

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005 and is authorized to have multiple series of portfolios (each a “Fund”, collectively, the “Funds”). These notes relate only to the Funds listed below. In accordance with Accounting Standards Codification Topic 946, Financial Services-Investment Companies, each Fund listed below qualifies as an investment company and is applying the accounting and reporting guidance for investment companies.

 

   
Fund    Commencement
of Operations
 

WisdomTree Europe Quality Dividend Growth Fund (“Europe Quality Dividend Growth Fund”)

     May 7, 2014  

WisdomTree Europe SmallCap Dividend Fund (“Europe SmallCap Dividend Fund”)

     June 16, 2006  

WisdomTree International AI Enhanced Value Fund (“International AI Enhanced Value Fund”)

     June 16, 2006  

WisdomTree International Equity Fund (“International Equity Fund”)

     June 16, 2006  

WisdomTree International High Dividend Fund (“International High Dividend Fund”)

     June 16, 2006  

WisdomTree International LargeCap Dividend Fund (“International LargeCap Dividend Fund”)

     June 16, 2006  

WisdomTree International MidCap Dividend Fund (“International MidCap Dividend Fund”)

     June 16, 2006  

WisdomTree International Multifactor Fund (“International Multifactor Fund”)

     August 10, 2018  

WisdomTree International Quality Dividend Growth Fund (“International Quality Dividend Growth Fund”)

     April 7, 2016  

WisdomTree International SmallCap Dividend Fund (“International SmallCap Dividend Fund”)

     June 16, 2006  

WisdomTree Japan SmallCap Dividend Fund (“Japan SmallCap Dividend Fund”)

     June 16, 2006  

Each Fund, except for the International AI Enhanced Value Fund and International Multifactor Fund, seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree, Inc. (“WisdomTree”) or an Index developed by a third party. The International AI Enhanced Value Fund is actively managed using a model-based approach seeking income and capital appreciation. The International Multifactor Fund is actively managed using a model-based approach seeking capital appreciation. WisdomTree is the parent company of WisdomTree Asset Management, Inc. (“WTAM”), the investment adviser to each Fund and the Trust. “WisdomTree” is a registered trademark of WisdomTree and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified as defined under the 1940 Act.

In the normal course of business, the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and believe such exposure to be remote.

2. SIGNIFICANT ACCOUNTING POLICIES

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “Codification”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants.

The following is a summary of significant accounting policies followed by the Funds:

Use of Estimates — The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.

Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions (e.g., broker-dealers) may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market prices. Most investors will buy and sell shares in the secondary market through brokers. Because Fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV or less than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees of the Trust (the “Board of Trustees”). Equity securities (including preferred stock) traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange on which they are principally traded. Unlisted equity securities (including preferred stock) are valued at the last sale price or, if no sale price is available, at the mean between the highest bid and lowest ask price. Each Fund may invest in money market

 

WisdomTree Trust      99  


Notes to Financial Statements (unaudited) (continued)

 

funds which are valued at their NAV per share and exchange-traded funds (“ETFs” or “ETF”) or exchange-traded notes (“ETNs” or “ETN”) which are valued at their last sale or official closing price on the exchange on which they are principally traded or at their NAV per share in instances where the ETF or ETN has not traded on its principal exchange. Foreign currency contracts that settle within two business days after the trade date (“Spot Contracts”) and foreign currency contracts having a settlement period greater than two business days after the trade date (“Forward Contracts”) are valued on the measurement date using an interpolated foreign exchange rate between the closest preceding and subsequent settlement period, as calculated using the 4:00 p.m. London time closing spot and forward rates provided by an independent pricing service provider. Futures contracts generally are valued at the settlement price, the price at which a futures contract settles once a given trading day has ended, on the primary exchange on which they trade.

Pursuant to Board-approved valuation procedures established by the Trust and WTAM, the Board has appointed WTAM as the Funds’ valuation designee (the “Valuation Designee”) to perform all fair valuations of the Funds’ portfolio investments, subject to the Board’s oversight. As the Valuation Designee, WTAM has established procedures for its fair valuation of a Fund’s portfolio investments. These procedures address, among other things, determining when market quotations are not readily available or reliable and the methodologies to be used for determining the fair value of investments, as well as the use and oversight of third-party pricing services for fair valuation. The Valuation Designee is comprised of senior representatives of WTAM and reports to the Board of Trustees on a quarterly basis. In the event that a financial instrument cannot be valued based upon a price from the exchange or system on which it is principally traded, independent pricing service provider or broker-dealer quotation, or such prices are deemed to not reflect current market value, the Valuation Designee may value the financial instrument in good faith under the policies and procedures approved by the Board of Trustees based on current facts and circumstances. Securities that may be valued using “fair value” pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events”. An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV Calculation Time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities.

Fair Value Measurement In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Valuation Designee will perform other procedures (consistent with GAAP) to value an investment when a market quote is not available. ASC 820 established a three-tier hierarchy of inputs to be used when determining fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

Level 1 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates,

prepayment speeds, credit risk, etc.)

Level 3 – significant unobservable inputs (including each Fund’s assumptions in determining the fair value of investments)

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended (either due to events affecting the issuer of the security specifically or events affecting the primary trading exchange more broadly) or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets in which the security is traded but before the time as of which a Fund’s NAV is computed and that may materially affect the value of the Fund’s investments).

 

100   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 and Level 3 positions are as follows:

Financial instruments are generally valued by independent pricing service providers that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. Depending on the type of financial instrument, the independent pricing service providers’ internal pricing models may use inputs that are observable such as issuer details (e.g., credit rating, debt ranking, coupon date, maturity date, etc.), interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Financial instruments that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate. Over-the-counter financial derivative instruments derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These instruments are normally valued on the basis of broker-dealer quotations or prices obtained from independent pricing service providers. Depending on the product and the terms of the transaction, the value of the financial derivative instruments can be estimated by an independent pricing service provider using a series of techniques including simulation pricing models. The pricing models may use inputs that are observed from actively quoted markets such as issuer details, indices, credit risks/spreads, interest rates, yield curves, default and exchange rates. Derivative contracts that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate.

Determination of a fair value by the Valuation Designee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Valuation Designee may employ a market-based valuation approach which may use, among other potential considerations, related or comparable securities, recent transactions, market multiples, and other relevant information to determine fair value. The Valuation Designee may also use an income-based valuation approach in which anticipated future cash flows of the financial instrument are discounted to calculate fair value.

The summary of fair valuations according to the inputs used in valuing each Fund’s assets as of the measurement date is included in a “Fair Valuation Summary” supplementary table in each applicable Fund’s Schedule of Investments.

During the six months ended September 30, 2023, there were no significant transfers into or out of Level 3 of the fair value hierarchy.

Derivatives and Hedging Disclosure — Codification Topic 815 (“ASC 815”), Derivatives and Hedging, requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts as well as gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The Funds have invested in derivatives, specifically foreign currency contracts during the fiscal period ended September 30, 2023 and open positions in such derivatives as of September 30, 2023 are detailed in each Fund’s Schedule of Investments. All of the derivative instruments disclosed and described herein are subject to credit risk. Risks may arise upon entering into foreign currency contracts from potential inability of a counterparty to meet the terms of their contracts and from unanticipated movements in the value of the foreign currencies relative to the U.S. dollar or each other. Any collateral posted (or received) with respect to the derivative positions would be used to offset or reduce the payment due to (or due from) a counterparty in the event of default. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of September 30, 2023, if any, is reflected as a footnote within each Fund’s Schedule of Investments.The Funds’ maximum credit risk exposure to derivatives agreements would be the total value of derivatives disclosed in the table included in Note 2—Master Netting Arrangements under the column entitled “Assets: Net Amount”.

As of September 30, 2023, the effects of such derivative instruments on each Fund’s financial position as reflected in the Statements of Assets and Liabilities are presented in the summary below:

 

     
     Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Europe Quality Dividend Growth Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
   $      Unrealized depreciation on
foreign currency contracts
   $ 142  

Europe SmallCap Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
          Unrealized depreciation on
foreign currency contracts
     19  

International High Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     224      Unrealized depreciation on
foreign currency contracts
     31  

International LargeCap Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     9      Unrealized depreciation on
foreign currency contracts
     31  

 

WisdomTree Trust      101  


Notes to Financial Statements (unaudited) (continued)

 

     
     Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

International Multifactor Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
   $ 582,976      Unrealized depreciation on
foreign currency contracts
   $ 52,418  

International SmallCap Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     427      Unrealized depreciation on
foreign currency contracts
      

For the six months ended September 30, 2023, the effects of derivative instruments on each applicable Fund’s financial performance as reflected in the Statements of Operations are presented in the summary below:

 

     
Fund    Amount of Realized Gain
or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or
(Depreciation) on
Derivatives Recognized2
 

Europe Quality Dividend Growth Fund

     

Foreign currency risk

   $ 2,272      $ (142

Europe SmallCap Dividend Fund

     

Foreign currency risk

     14,179        554  

International AI Enhanced Value Fund

     

Foreign currency risk

     25,735        (113

International Equity Fund

     

Foreign currency risk

     (27,156       

International High Dividend Fund

     

Foreign currency risk

     14,021        359  

International LargeCap Dividend Fund

     

Foreign currency risk

     (1,831      (22

International MidCap Dividend Fund

     

Foreign currency risk

     (1,104      102  

International Multifactor Fund

     

Equity risk

     (686       

Foreign currency risk

     (42,362      774,345  

International Quality Dividend Growth Fund

     

Foreign currency risk

     (27,820       

International SmallCap Dividend Fund

     

Foreign currency risk

     (25,955      436  

Japan SmallCap Dividend Fund

     

Foreign currency risk

     (3,223       

 

  1 

Realized gains (losses) on derivatives are located on the Statements of Operations as follows:

 

Foreign currency risk

   Net realized gain (loss) from foreign currency contracts

Equity risk

   Net realized gain (loss) from futures contracts

 

  2 

Change in unrealized appreciation (depreciation) is located on the Statements of Operations as follows:

 

Foreign currency risk

   Net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts

During the six months ended September 30, 2023, the volume of derivative activity (based on the average of month-end balances, except where footnoted) for each Fund was as follows:

 

   
     Average Notional  
Fund    Foreign currency
contracts
(to deliver
USD)
     Foreign currency
contracts
(to receive
USD)
     Futures
contracts
(long)
 

Europe Quality Dividend Growth Fund

        

Foreign currency risk

   $ 6,406      $ 15,906      $  

Europe SmallCap Dividend Fund

        

Foreign currency risk

     70,782        26,564         

International AI Enhanced Value Fund

        

Foreign currency risk

            18,790         

 

102   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

   
     Average Notional  
Fund    Foreign currency
contracts
(to deliver
USD)
     Foreign currency
contracts
(to receive
USD)
     Futures
contracts
(long)
 

International Equity Fund

        

Foreign currency risk

   $ 38,961      $ 68,621      $  

International High Dividend Fund

        

Foreign currency risk

     343,655        128,513         

International LargeCap Dividend Fund

        

Foreign currency risk

     110,964        9,448         

International MidCap Dividend Fund

        

Foreign currency risk

     19,031        20,843         

International Multifactor Fund

        

Equity risk1

                   15,314  

Foreign currency risk

     18,473,123        38,617,108         

International Quality Dividend Growth Fund

        

Foreign currency risk

     48,763                

International SmallCap Dividend Fund

        

Foreign currency risk

     134,127        314,283         

Japan SmallCap Dividend Fund

        

Foreign currency risk

            30,690         
  1 

The volume of derivative activity for the period is based on intra-month balances.

Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income (less foreign taxes withheld, if any) is recognized on the ex-dividend date or as soon as practicable (with respect to foreign dividends) after the existence of a dividend declaration has been determined. Non-cash dividend income is recognized on the ex-dividend date, or, with respect to foreign dividends, as soon as practicable after the existence of a dividend declaration has been determined, at the fair value of securities to be received. Upon notification from real estate investment trust (“REIT”) issuers or as estimated by management, all or a portion of the dividend income received from a REIT may be redesignated as a reduction of cost of the related investment and/or as a realized gain. On each measurement date, the Funds evaluate the collectability of receivable balances. Generally, the Funds will write-off dividend receivable balances that are canceled by the issuer as of the date that the dividend receivable cancellation notification was publicly made available or when it becomes probable that dividends will not be collected and the amount of uncollectable dividends can be reasonably estimated. Income earned from securities lending activities (i.e., securities lending income), net of fees payable to the securities borrower and/or securities lending agent, is accrued daily.

Foreign Taxes — The Funds may be subject to foreign taxes (a portion of which may be reclaimable or refundable) on foreign income or capital gains on investment transactions. All foreign taxes are recorded in accordance with the applicable foreign tax regulations and tax rates that exist in the foreign jurisdictions in which the Funds invest. These foreign taxes, if any, are accrued and applied to foreign income as the foreign income is earned and are reflected on the Statements of Operations as follows: foreign taxes withheld on dividends are presented as a reduction to investment income in “Less: Foreign withholding taxes on dividends”, foreign taxes on capital gains from investment transactions, if any, are included in “Net realized gain (loss) from investment transactions”, and deferred foreign taxes on net unrealized appreciation on investments, if any, are included in “Net increase (decrease) in unrealized appreciation/depreciation on investment transactions”. Foreign taxes payable or deferred as of September 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Payables: Foreign capital gains tax”.

In certain foreign jurisdictions, when the Funds incur subsequent capital losses on investment transactions that occurred during the tax year in the applicable foreign jurisdiction, the Funds may be entitled to a refund on any foreign taxes paid on previous capital gain investment transactions that occurred during the tax year of the applicable foreign jurisdiction. Foreign capital gain tax refunds on investment transactions are included in “Net realized gain (loss) from investment transactions” on the Statements of Operations and foreign capital gain tax refunds that remain unpaid as of September 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Receivables: Foreign capital gains tax refund”.

The Funds file foreign tax reclaims in certain foreign jurisdictions to recover a portion of amounts previously withheld on dividend income if the tax reclaim is “more likely than not” to be sustained assuming examination by tax authorities. This determination is based on, among other things, a jurisdiction’s legal obligation to pay reclaims as well as payment history and market convention. Foreign tax reclaims recorded relating to current fiscal year investment income are included in the Statements of Operations as a reduction to the balance shown for “Foreign withholding taxes on dividends” and foreign tax reclaims recorded, but not yet received as of September 30, 2023, if any, are shown on the Statements of Assets and Liabilities in “Receivables: Foreign tax reclaims”.

 

WisdomTree Trust      103  


Notes to Financial Statements (unaudited) (continued)

 

Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates prevailing on the respective dates of such transactions that are deemed appropriate by WTAM. Realized and unrealized foreign exchange gains and losses on investments are included as a component of “net realized gain (loss) from investment transactions” and “net increase (decrease) in unrealized appreciation/depreciation from investment transactions”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses from foreign currency contracts are included in “net realized gain (loss) from foreign currency contracts” and “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses arising from sales of foreign currencies, currency gains or losses recognized between the trade and settlement dates on investment transactions, and the difference between the amounts of dividends and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent of the amounts actually received or paid are included in “net realized gain (loss) from foreign currency related transactions” and/or “net increase (decrease) in unrealized appreciation/depreciation from translation of assets and liabilities denominated in foreign currencies” in the Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.

Expenses — Under the investment advisory agreement for each Fund, except for Funds that commenced operations on or after March 26, 2013, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and redemption transactions; (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of trustees who are not interested persons of the Funds (“Independent Trustees”); (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s Chief Compliance Officer (“CCO”); (vi) extraordinary expenses; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

Under the investment advisory agreement for Funds that commenced operations on or after March 26, 2013, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other fees, charges, taxes, levies or expenses (such as stamp taxes) incurred in connection with the execution of portfolio transactions or in connection with creation and redemption transactions (including without limitation any fees, charges, taxes, levies or expenses related to the purchase or sale of an amount of any currency, or the patriation or repatriation of any security or other asset, related to the execution of portfolio transactions or any creation or redemption transactions); (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s CCO; (vi) extraordinary expenses (in each case as determined by a majority of the Independent Trustees); (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; (viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.

Acquired fund fees and expenses (“AFFEs”) (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) are not operating expenses of the Funds and are not paid by WTAM.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% per annum of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

Foreign Currency Contracts — The Funds may enter into foreign currency contracts to facilitate local securities settlements or to protect against currency exposure. The Funds, other than the International Multifactor Fund, do not expect to engage in currency transactions for the purpose of hedging against currency exposures of the Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes. During the period ended September 30, 2023, the Funds, except for the International Multifactor Fund, utilized foreign currency contracts primarily to facilitate foreign security settlements. The International Multifactor Fund utilized foreign currency contracts primarily to offset applicable international currency exposure from certain positions in international equities. A foreign currency contract involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A foreign currency contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades.

Risks may arise upon entering into foreign currency contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.

 

104   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

Fluctuations in the value of open foreign currency contracts are recorded for book purposes as unrealized gains or losses on foreign currency contracts by the Funds and are included in “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts” on the Statements of Operations. Realized gains and losses on foreign currency contracts include net gains or losses recognized by the Funds on contracts which have settled are included in “net realized gain (loss) from foreign currency contracts on the Statements of Operations.

Futures Contracts — The International Multifactor Fund utilized equity futures contracts on a temporary basis during the fiscal period to obtain market exposure consistent with its investment objective during each Fund’s periodic portfolio rebalance. When a Fund purchases a listed futures contract, it agrees to purchase a specified reference asset (e.g., commodity, currency or U.S. Treasury security, collectively herein, “Reference Asset”) at a specified future date. When a Fund sells a listed futures contract, it agrees to sell a specified Reference Asset at a future date. The price at which the purchase and sale will take place is fixed when the Fund enters into the contract. A Fund may also cash settle upon the expiration date of a futures contract in which no physical delivery (or receipt) of the specified Reference Asset comprising the futures contract is made. Instead, settlement in cash would occur upon the expiration of the contract, with the cash settlement being the difference between the contract price and the actual price of the specified Reference Asset at the expiration date. The exchange clearing corporation is the ultimate counterparty for all exchange-listed contracts, so credit risk is limited to the creditworthiness of the exchange clearing corporation.

Upon entering into a futures contract, a Fund is required to deliver to a broker an amount of cash and/or U.S. government securities equal to a certain percentage of the contract amount. This amount is known as the “initial margin”. Cash deposited as initial margin, if any, is shown as “Deposits at broker for futures contracts” in the Statement of Assets and Liabilities, and U.S. government securities deposited, if any, are designated in the Schedule of Investments. Subsequent payments, known as “variation margin”, generally are made or received by the Fund each day or at other agreed-upon time periods depending on the fluctuations in the value of the underlying futures contracts, except that in the case of certain futures contracts, variation margin payments may be made or received when the futures contract expires. Variation margin is recorded for financial statement purposes on a daily basis as an unrealized gain or loss on futures until the financial futures contract is closed, at which time the unrealized net gain or loss is reclassified to realized gain or loss on futures. The Funds have adopted a derivatives risk management program pursuant to Rule 18f-4 under the 1940 Act to assess and manage the Funds’ derivatives risk. Rule 18f-4 limits the amount of derivatives a fund can enter into and replaces the asset segregation framework previously used by the Funds to comply with Section 18 of the 1940 Act.

As of September 30, 2023, there were no open futures contracts in the Funds.

Securities Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. It is the Funds’ policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral in the form of cash and/or securities issued or guaranteed by the U.S. government or its agencies, equivalent to at least 100% of the market value of securities, is maintained at all times. The cash collateral can be invested in certain money market mutual funds which also have exposure to the fluctuations of the market. The values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. As compensation for lending its securities, each Fund retains all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower (net of any fee rebates paid to the borrower). The lending agent receives a portion of the income earned by the Funds in connection with the lending program. The net securities lending income earned by the Funds is disclosed on the Statements of Operations. The dividend income earned on the securities loaned is accounted for in the same manner as other dividend income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults. In the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

Master Netting Arrangements — Codification Topic 210 (“ASC 210”), Balance Sheet, requires disclosures generally intended to (i) help investors and other financial statement users to better assess the effect or potential effect of offsetting arrangements on a company’s financial position, (ii) improve transparency in the reporting of how companies mitigate credit risk, and (iii) facilitate comparisons between those entities that prepare their financial statements on the basis of GAAP and those entities that prepare their financial statements on the basis of international financial reporting standards. ASC 210 requires entities to disclose (i) gross and net information about both instruments and transactions eligible for offset in the financial statements, and (ii) instruments and transactions subject to an agreement similar to a master netting agreement. ASC 210 is limited in scope to the following financial

 

WisdomTree Trust      105  


Notes to Financial Statements (unaudited) (continued)

 

instruments, to the extent they are offset in the financial statements or subject to an enforceable master netting arrangement or similar agreement: (i) recognized derivative instruments accounted for under ASC 815 (Derivatives and Hedging); (ii) repurchase agreements and reverse repurchase agreements; and (iii) securities borrowing and securities lending transactions.

In order to better define its contractual rights and to secure rights that will help a Fund mitigate its counterparty risk, a Fund enters into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) with its counterparties. An ISDA Master Agreement is a bilateral agreement between a Fund and a counterparty that governs over-the-counter derivatives (“OTC”), such as foreign currency contracts, and typically contains, among other things, collateral posting terms, netting and rights of set-off provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, a Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and receivables to create a single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out netting) or similar event, including the bankruptcy or insolvency of the counterparty.

Collateral requirements generally differ by type of derivative. Collateral terms are contract-specific for OTC derivatives (e.g., foreign currency contracts, options and certain swaps). To the extent amounts due to a Fund from its derivatives counterparties are not fully collateralized, contractually or otherwise, the Fund bears the risk of loss from a counterparty’s non-performance.

The Funds’ securities lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Funds and the lending agent. The Lending Agreement authorizes the lending agent to lend qualifying U.S. and foreign securities held by a Fund to approved borrowers (each a “Borrower”). To mitigate borrower risk, a Fund typically receives from a Borrower collateral in the form of U.S. dollar cash and/or securities issued or guaranteed by the U.S. government or its agencies in excess of the market value of the securities loaned. Under the provisions of the Lending Agreement, a Fund shall have, as to the collateral, all of the rights and remedies of a secured party under applicable law. A Fund is exposed to risk of loss if a Borrower defaults on its obligation to return borrowed securities and the value of the collateral a Fund received is insufficient to cover the market value of the securities loaned. Also, the lending agent is permitted to invest the cash collateral it receives from a Borrower into a money market fund which is subject to market fluctuation. Therefore, a Fund is exposed to risk of loss if the value of invested cash collateral is insufficient to satisfy the Fund’s obligation to return the full amount owed to such Borrower. However, in the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to an ISDA Master Agreement or Lending Agreement, if any, in the Statements of Assets and Liabilities. Therefore, all qualifying transactions are presented on a gross basis in the Statements of Assets and Liabilities. As of September 30, 2023, the impact of netting of assets and liabilities and the offsetting of collateral pledged or received based on contractual netting/set-off provisions in the ISDA Master Agreement and the Lending Agreement are detailed in the following table:

 

     
    Assets     Liabilities  
   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
   

Net Amount

   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
   

Net Amount

 
Fund   Financial
Instruments
    Collateral
Received
    Financial
Instruments
    Collateral
Posted
 

Europe Quality Dividend Growth Fund

               

Securities Lending

  $ 1,934,053     $     $ (1,934,053 )1    $     $     $     $     $  

Foreign Currency Contracts

                            142                   142  

Europe SmallCap Dividend Fund

               

Securities Lending

    16,511,178             (16,511,178 )1                               

Foreign Currency Contracts

                            19                   19  

International AI Enhanced Value Fund

               

Securities Lending

    4,216,138             (4,216,138 )1                               

International Equity Fund

               

Securities Lending

    41,617,322             (41,617,322 )1                               

International High Dividend Fund

               

Securities Lending

    39,074,258             (39,074,258 )1                               

Foreign Currency Contracts

    224                   224       31                   31  

International LargeCap Dividend Fund

               

Securities Lending

    28,525,422             (28,525,422 )1                               

Foreign Currency Contracts

    9       (9                 31       (9           22  

 

106   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

     
    Assets     Liabilities  
   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
         

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not
Offset
in the Statements of
Assets and Liabilities
       
Fund   Financial
Instruments
    Collateral
Received
    Net Amount     Financial
Instruments
    Collateral
Posted
    Net Amount  

International MidCap Dividend Fund

               

Securities Lending

  $ 20,268,095     $     $ (20,268,095 )1    $     $     $     $     $  

International Multifactor Fund

               

Securities Lending

    3,381,058             (3,381,058 )1                               

Foreign Currency Contracts

    582,976       (52,410           530,566       52,418       (52,410           8  

International Quality Dividend Growth Fund

               

Securities Lending

    35,770,452             (35,770,452 )1                               

International SmallCap Dividend Fund

               

Securities Lending

    125,096,831             (125,096,831 )1                               

Foreign Currency Contracts

    427                   427                          

Japan SmallCap Dividend Fund

               

Securities Lending

    44,376,373             (44,376,373 )1                               
  1 

The amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. government, its agencies, non-U.S. government agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). A portion of the Code, known as subchapter M (“Subchapter M”), addresses the ways by which investment companies and investment trusts may pass income through to shareholders in order to avoid double taxation. Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code so that it will not be subject to federal income tax on income and gains that are timely distributed to Fund shareholders. Accordingly, no provision for U.S. federal income taxes is required. In order to qualify for the special tax treatment accorded to RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains is determined in accordance with the requirements of the Code and the U.S. Treasury regulations (i.e., tax basis) which may differ to amounts determined under GAAP (i.e., book basis). These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions that exceed earnings and profit for tax purposes are reported for tax purposes as a return of capital.

3. ADVISORY FEES AND OTHER TRANSACTIONS WITH AFFILIATES

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon Investments Corporation (“Mellon”) to provide sub-advisory services to the Funds, except for the International AI Enhanced Value Fund. Prior to January 7, 2022, sub-advisory services for the International AI Enhanced Value Fund were provided by Mellon and thereafter by Voya IM. Mellon and Voya IM are compensated by WTAM at no additional cost to the Funds. WTAM also arranges for transfer agency, custody, fund accounting, fund administration, securities lending and all other non-distribution related services necessary for the Funds to operate, which are generally under separate agreements entered into between the Trust on behalf of the Funds and the applicable service provider. Under the investment advisory agreement for each Fund, WTAM agrees to pay all expenses of the Funds, except for certain expenses described in Note 2.

 

WisdomTree Trust      107  


Notes to Financial Statements (unaudited) (continued)

 

Pursuant to a separate contractual arrangement, as also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee, accrued daily and paid monthly in arrears, of up to 0.0044% per annum of each Fund’s average daily net assets.

WTAM expects to receive annual advisory fees from each Fund, based on a percentage of the Fund’s average daily net assets, as shown in the following table:

 

   
Fund   

Advisory

Fee Rate

 

Europe Quality Dividend Growth Fund

     0.58

Europe SmallCap Dividend Fund

     0.58

International AI Enhanced Value Fund

     0.58

International Equity Fund

     0.48

International High Dividend Fund

     0.58

International LargeCap Dividend Fund

     0.48

International MidCap Dividend Fund

     0.58

International Multifactor Fund

     0.38

International Quality Dividend Growth Fund

     0.42

International SmallCap Dividend Fund

     0.58

Japan SmallCap Dividend Fund

     0.58

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Transactions in shares of affiliated ETFs for the fiscal period ended September 30, 2023, as applicable, are included in an “Investment in Affiliates” supplementary table in each applicable Fund’s Schedule of Investments. For these transactions, WTAM voluntarily waives a portion of its advisory fees that it would otherwise charge, for each Fund’s investment in affiliated funds. The waivers may be reduced to offset the incremental costs related to these investments (e.g., fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of its advisory fee. The dollar amount of advisory fees waived during the period for the Funds, if any, are included in the Statement of Operations in “Expense waivers”.

WTAM and/or WisdomTree (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the six months ended September 30, 2023, WT held shares of and received distributions from the following Funds, which were purchased through an unaffiliated broker in ordinary brokerage transactions in the secondary market in which the Funds’ shares trade:

       
    

At September 30, 2023

           For the fiscal period ended
September 30, 2023
 
Fund    Fund Shares
held by WT
     Market Value of
Fund Shares
held by WT
            Dividends and
Distributions paid to
WT on Fund Shares
held by WT
 

International Multifactor Fund

     403      $ 9,900              $ 253  

International Quality Dividend Growth Fund

     462        14,793                153  

International SmallCap Dividend Fund

     561        32,241                905  

Japan SmallCap Dividend Fund

     30        2,069                 

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2023, there were an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in creation units or multiples thereof to an authorized participant (“AP”). Except when aggregated in creation units (“Creation Unit Aggregations”), shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of creation units of a Fund generally consists of the in-kind contribution of a basket of securities (“Deposit Securities”) and/or an amount of cash (“Cash Component”). Creation Unit Aggregations may be created in advance of receipt by a Fund of all or a portion of the applicable Deposit Securities from APs. In these circumstances, the initial deposit received from the AP will have a value greater than the NAV of the applicable Fund’s shares on the date the order is placed in proper form since, in addition to available Deposit Securities, U.S. cash must be deposited by the AP in an amount equal to the sum of (i) the Cash Component, plus (ii) generally between 102%-110%, as directed by the Trust or WTAM, which the Trust or WTAM may change from time to time, of the market value of the undelivered Deposit Securities (the “Additional Cash Deposit”) with the Fund pending delivery of any missing Deposit Securities. The Fund will return any unused portion of the Additional Cash Deposit once all of the missing Deposit Securities have been properly received from the AP or purchased by the Fund. Amounts due to be returned to an AP as of September 30, 2023, if any, is shown in the Statements of Assets and Liabilities in “Payables: Deposit due to authorized participant”. APs

 

108   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

purchasing and redeeming creation units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of creation units

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding short-term investments) for the six months ended September 30, 2023 are shown in the following table. Realized gains and losses on sales resulting from in-kind capital share redemptions, as shown on the Statements of Operations, are not recognized by the Funds for tax purposes.

 

       
                   In-kind Capital Share Transactions  
Fund    Purchases      Sales      Purchases      Sales  

Europe Quality Dividend Growth Fund

   $ 927,011      $ 944,784      $ 4,540,802      $  

Europe SmallCap Dividend Fund

     13,656,856        14,145,936               39,493,727  

International AI Enhanced Value Fund

     52,065,041        52,346,444        1,827,924        5,775,238  

International Equity Fund

     14,762,664        6,543,077        14,224,735        21,504,965  

International High Dividend Fund

     18,628,295        16,787,344        18,117,515        54,695,891  

International LargeCap Dividend Fund

     16,724,817        5,894,379        8,909,465         

International MidCap Dividend Fund

     2,726,866        2,908,796        8,317,028         

International Multifactor Fund

     26,301,315        25,946,709                

International Quality Dividend Growth Fund

     19,211,304        1,259,139        207,449,604         

International SmallCap Dividend Fund

     52,306,808        51,018,038               70,032,149  

Japan SmallCap Dividend Fund

     5,128,892        3,842,734        17,241,791        6,643,677  

6. FEDERAL INCOME TAXES

At September 30, 2023, the cost of investments (including securities on loan and derivatives) for Federal income tax purposes was as follows:

 

         
    Investments in Long Securities           Investments in Financial Derivatives1        
Fund   Tax Cost    

Gross

Unrealized

Appreciation

   

Gross

Unrealized
Depreciation

   

Net Unrealized
Appreciation/

(Depreciation)

           Gross
Unrealized
Appreciation
    Gross
Unrealized
Depreciation
   

Net
Unrealized
Appreciation/

(Depreciation)

   

Total Net
Unrealized
Appreciation/

(Depreciation)

 

Europe Quality Dividend Growth Fund

  $ 67,520,216     $ 7,396,437     $ (4,150,145   $ 3,246,292             $     $ (142   $ (142   $ 3,246,150  

Europe SmallCap Dividend Fund

    222,477,516       14,347,047       (37,667,391     (23,320,344                   (19     (19     (23,320,363

International AI Enhanced Value Fund

    79,338,083       1,873,757       (6,610,498     (4,736,741                               (4,736,741

International Equity Fund

    522,439,526       92,462,936       (32,329,557     60,133,379                                 60,133,379  

International High Dividend Fund

    386,237,203       28,369,940       (24,041,270     4,328,670               224       (31     193       4,328,863  

International LargeCap Dividend Fund

    450,168,236       87,478,001       (16,752,362     70,725,639               9       (31     (22     70,725,617  

International MidCap Dividend Fund

    143,253,838       14,081,027       (14,664,799     (583,772                               (583,772

International Multifactor Fund

    39,461,952       2,252,875       (1,434,075     818,800               13,876       (1,267     12,609       831,409  

International Quality Dividend Growth Fund

    848,051,054       58,123,469       (45,822,409     12,301,060                                 12,301,060  

International SmallCap Dividend Fund

    1,168,775,098       121,558,674       (169,091,647     (47,532,973             427             427       (47,532,546

Japan SmallCap Dividend Fund

    232,072,097       17,523,356       (29,829,635     (12,306,279                               (12,306,279
  1 

Certain financial derivatives may be considered section 1256 contracts under the Code. Each section 1256 contract held at the close of a taxable year shall be treated as sold for its fair market value on the last business day of such taxable year (and any realized gain and loss shall be taken into account for the taxable year). As such, the unrealized appreciation/(depreciation) for financial derivatives on a tax basis may not correspond to the unrealized appreciation/(depreciation) on a GAAP basis. The unrealized appreciation/(depreciation) for financial derivatives on a GAAP basis is located in the respective financial derivatives tables in each Fund’s Schedule of Investments.

 

WisdomTree Trust      109  


Notes to Financial Statements (unaudited) (continued)

 

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign withholding taxes, as applicable, are accrued based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Foreign withholding taxes are accrued and applied to foreign income, net realized capital gains and net unrealized appreciation, as applicable, as the foreign income is earned or capital gains and unrealized appreciation are recorded. The dollar amount of applicable foreign withholding taxes on foreign income is included net in the Statements of Operations in “Less: Foreign withholding taxes,” the foreign capital gains tax applicable on the disposal of securities is included in the Statements of Operations in “Net realized gain (loss) from transactions” and the dollar amount of deferred foreign capital gains tax applicable on the unrealized appreciation on securities held is included in the Statements of Operations in “Net increase (decrease) in unrealized appreciation/depreciation from investment transactions”. The Funds record a foreign tax reclaim receivable on the ex-dividend date if the tax reclaim is “more likely than not” to be sustained assuming examination by tax authorities. This determination is based on, among other things, a jurisdiction’s legal obligation to pay reclaims as well as payment history and market convention. Foreign tax reclaims that have been recorded but not yet received are shown on the Statements of Assets and Liabilities in “Receivables: Foreign tax reclaims”.

As a result of several European Court of Justice (“ECJ”) court cases in certain countries across the European Union (“EU”), certain Funds have filed additional tax reclaims for previously withheld taxes on dividends earned in those countries (“ECJ tax reclaims”). These additional filings are subject to various administrative proceedings by the local jurisdictions’ tax authorities within the EU, as well as a number of related judicial proceedings. Income recognized, if any, for ECJ tax reclaims is reflected as “Other income” in the Statements of Operations and the cost to file these additional ECJ tax reclaims is reflected as “Other fees” in the Statements of Operations. When the ECJ tax reclaim is not “more likely than not” to be sustained assuming examination by tax authorities due to the uncertainty that exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these ECJ tax reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. For U.S. income tax purposes, ECJ tax reclaims received by the Funds, if any, reduce the amounts of foreign taxes Fund shareholders can use as tax credits in their individual income tax returns. In the event that ECJ tax reclaims received by a Fund during the fiscal year exceed foreign withholding taxes paid, and a Fund previously passed foreign tax credits on to its shareholders, a Fund must either amend historic tax reporting to shareholders or enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the respective Fund’s shareholders. During the fiscal period ended September 30, 2023, the ECJ tax reclaims received by the Funds, if any, did not exceed the foreign withholding taxes of the respective Funds. The Europe SmallCap Dividend Fund expects to enter into a closing agreement with the Internal Revenue Service on ECJ tax reclaims received in the previous fiscal years that exceeded foreign withholding taxes paid and has recognized estimated closing agreement fees of $478,312 which are shown on the Statements of Assets and Liabilities in “Payables: Other”.

7. ADDITIONAL INFORMATION

Russia’s military invasion of Ukraine initiated in February 2022 and the economic and diplomatic responses by the United States and other countries have led to increased volatility and uncertainty in the financial markets and could continue to adversely affect regional and global economies for the foreseeable future. In response to Russia’s actions, the governments of the United States, the European Union, the United Kingdom, and many other countries collectively imposed heavy and broad-ranging economic sanctions on certain Russian individuals, corporate and banking entities, and other industries and businesses. The sanctions restrict companies from doing business with Russia and Russian companies, prohibit transactions with the Russian central bank and other key Russian financial institutions and entities, ban Russian airlines and ships from using many other countries’ airspace and ports, respectively, and place a freeze on certain Russian assets. The sanctions also removed some Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the electronic network that connects banks globally to facilitate cross-border payments. In addition, the United States has banned oil and other energy imports from Russia, as well as other popular Russian exports, such as diamonds, seafood and vodka. The European Union, the United Kingdom and other countries have also placed restrictions on certain oil, energy and luxury goods imports from Russia.

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts, changes in consumer or purchaser preferences, or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities as well as securities of issuers in other countries that are subject to or otherwise adversely affected by economic sanctions related to Russia’s invasion of Ukraine, including Russian counter measures. To the extent a Fund has exposure to Russian investments or investments in countries affected by the invasion or the sanctions, the Fund’s ability to price, buy, sell, receive or deliver, or receive dividends and interest payments on such investments may be impaired. In certain circumstances, such as when there is no market for a security or other means of valuing or disposing of a security, a Fund may determine to value the affected security at zero. In addition, any exposure a Fund may have to counterparties in Russia or in countries affected by the invasion could negatively affect the Fund’s portfolio. The extent and duration of Russia’s military actions and the repercussions of such actions are impossible to predict, but could result in continued significant market disruptions, including in the oil and natural gas markets, and may negatively affect global supply chains, inflation and global growth. Further an escalation of the military conflict beyond Ukraine’s borders could result in

 

110   WisdomTree Trust


Notes to Financial Statements (unaudited) (concluded)

 

significant, long-lasting damage to the economies of Eastern and Western Europe as well as the global economy. These and any related events could significantly and adversely affect a Fund’s performance and the value of an investment in the Fund, even in the absence of direct exposure to Russian issuers or issuers in other countries affected by the invasion.

*    *    *    *    *    *

Financial markets around the world may experience extreme volatility, depressed valuations, decreased liquidity and heightened uncertainty and turmoil resulting from major cybersecurity events, geopolitical events (including wars, such as Russia’s invasion of Ukraine, terror attacks, and disruptions to foreign economic and trade relationships), public health emergencies, such as the COVID-19 pandemic, measures to address budget deficits, downgrading of sovereign debt, and public sentiment, among other events. Resulting market volatility, dramatic changes to interest rates, and otherwise unfavorable economic conditions may negatively impact Fund performance or impair a Fund’s ability to achieve its investment objective.

In March 2023, the financial distress of certain financial institutions raised economic concerns over disruption in the U.S. banking system and regarding the solvency of certain financial services firms. There can be no certainty that the actions taken by the U.S. government to strengthen public confidence in the U.S. banking system will be effective in mitigating the effects of financial institution failures on the economy and restoring public confidence in the U.S. banking system.

*    *    *    *    *    *

Raising the ceiling on U.S. government debt has become increasingly politicized. Any failure to increase the total amount that the U.S. government is authorized to borrow could lead to a default on U.S. government obligations, with unpredictable consequences for economies and markets in the U.S. and elsewhere. On August 1, 2023, Fitch Ratings, Inc. downgraded its U.S. debt rating from the highest AAA rating to AA+, citing “a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers over the last two decades that has manifested in repeated debt limit standoffs and last-minute resolutions.” The impacts, if any, of the downgrade on financial markets are unknown at this time. The downgrade has potential market impacts, including but not limited to, steep stock market declines and rising bond yields.

 

WisdomTree Trust      111  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

 

Consideration of the Approval and Renewal of Investment Advisory and Sub-Advisory Agreements

At a meeting of the Board of Trustees (the “Board” or the “Trustees”) of the WisdomTree Trust (the “Trust”) held on September 18-19, 2023 (the “Meeting”), the Trustees, including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the renewal of (i) the investment advisory agreements between WisdomTree Asset Management, Inc. (“WTAM”) and the Trust, on behalf of its applicable series (each, a “Fund,” and, collectively, the “Funds”), pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”), and (ii) each respective sub-advisory agreement between WTAM and Mellon Investments Corporation (“Mellon”) and Voya Investment Management Co. LLC (“Voya,” and, together with Mellon, the “Sub-Advisers”), pursuant to which the Sub-Advisers coordinate the investment and reinvestment of the assets of the applicable Funds (“Sub-Advisory Agreements” and, together with the Advisory Agreements, the “Agreements”).

The Trustees requested, and WTAM provided, such information as the Trustees, with advice from counsel to the Trust and independent legal counsel, deemed reasonably necessary to evaluate the Agreements. At a meeting of a committee of Independent Trustees (the “Contracts Review Committee”) held on August 18, 2023, representatives from WTAM presented detailed information to the Trustees relating to the continuance of the Agreements, and the Trustees, including the Independent Trustees, reviewed and discussed such information. Further information was presented at the Board’s request at the Meeting.

The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Advisers. In considering the approval and renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered. Each Fund was considered separately.

Analysis of Nature, Extent, and Quality of Services Provided to the Funds. The Board considered information provided to them at the Meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the Funds, recognizing WTAM’s and the Sub-Advisers’ operational capabilities and resources. The Board also discussed the role of WisdomTree, Inc. (“WT”), the parent of WTAM, as index provider to certain Funds, which comprise the substantial majority of assets in the WisdomTree fund complex. The Board noted that the strategies represented by those Funds tracking affiliated WT indexes are unique, based on WT’s intellectual property and are only available for use by applicable Funds through WTAM. The Board noted WTAM’s belief that shareholders have invested in such Funds on the strength of WT’s intellectual property and WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Funds based on the WT indexes. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including: the selection of, and supervisory responsibilities and activities over, the Sub-Advisers, including oversight of the Sub-Advisers’ adherence to each Fund’s investment strategy and restrictions, monitoring of the Sub-Advisers’ buying and selling of securities and derivatives transactions, review of the Sub-Advisers’ performance, review of proxies voted by the Sub-Advisers and oversight of, and the provision of consultation to, the Sub-Advisers with respect to the creation of custom creation or redemption baskets for authorized participants; oversight of the daily valuation of the Funds’ portfolio holdings; oversight of general Fund compliance with federal and state laws; and implementation of Board directives as they relate to the Funds. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM provides oversight of day-to-day Fund operations, including fund accounting, tax matters, administration, compliance and legal assistance in meeting disclosure and regulatory requirements. Based on management’s representations, the Board expected that there would be no reduction in the scope of services required by or provided by WTAM and the Sub-Advisers under the relevant Agreements. The Board noted that WTAM has continued to commit significant resources toward the fund complex and has made substantial investments to improve the services offered by WTAM, which benefit Fund shareholders.

Based on review of this information and the other factors considered at the Meeting, the Board concluded that the nature, extent and quality of services provided by WTAM and the Sub-Advisers under the Advisory Agreements and Sub-Advisory Agreements, respectively, are adequate and appropriate and supported the Board’s approval of the approval and renewal of the Agreements.

Comparative Analysis of the Funds’ Performance and Management Fee and Expense Ratio. The Board reviewed reports prepared by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data, which included information (1) measuring each index Fund’s performance by how well it tracked the relevant benchmark index, (2) comparing, with respect to the actively-managed Funds, each Fund’s performance with the performance of a group of comparable funds (the “Performance Group”) for various periods ended May 31, 2023, and (3) comparing each Fund’s actual management fees and total expenses with those of a group of comparable funds (the “Expense Group”) and, with respect to total expenses, with a broader group of funds (the “Expense Universe”), the information for which was derived in part from fund financial statements available to Broadridge as of the date of its analysis. The Contracts Review Committee and the Independent Trustees previously had reviewed and discussed the methodology Broadridge used to select the Performance Groups, Expense Groups and Expense Universes. The Board noted that the Performance Groups, Expense Groups and Expense Universes included only pure-index and index-based

 

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Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (continued)

 

exchange traded funds (“ETFs”) as comparison funds, except that the Performance Groups, Expense Groups and Expense Universes for the actively-managed Funds included only actively-managed ETFs and mutual funds as comparison funds. The Board also noted that due to the special characteristics of certain Funds, there are limitations in providing comparable funds in the Performance Groups, Expense Groups and Expense Universes, and the information in the Broadridge reports may or may not provide meaningful direct comparisons to the Funds.

The Board discussed the index Funds’ performance, noting that the substantial majority of index Funds seek to track their own WisdomTree benchmark index. During the prior year, the Board received periodic reports on the Funds’ performance in comparison to their relevant benchmark indexes. The Board also discussed the performance of the actively-managed Funds and noted that total return performance of the Funds was variously above, at and below the relevant Performance Group medians for the time periods measured.

The Board also reviewed the range of actual management fees and total expenses of the Expense Group funds and, with respect to total expenses, Expense Universe funds, and discussed the results of the comparisons. With respect to comparisons of actual management fees, the Board noted the Funds’ unitary fee structure and that the Expense Groups and Expense Universes generally included both ETFs with and without a unitary fee structure. The Board also noted that certain comparison funds in certain Expense Groups and Expense Universes benefited from waivers of all or a portion of their management fees and reimbursement of certain operating expenses. The Board noted that the total expenses of many of the Funds were within five basis points of the median or average total expenses of the funds in the Funds’ respective Expense Groups. In those specific instances where a Fund’s total expenses departed more significantly from comparative funds, the Independent Trustees sought explanations from WTAM, which generally attributed the disparities to the limitations within peer data and/or the unique attributes of a Fund.

The Board considered the fees to the Sub-Advisers in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Advisers and WTAM. The Board also noted that the Sub-Advisers’ fees are paid by WTAM (out of its fee paid by the relevant Funds) and not the Funds. The Board considered the meaningful differences in the services that WTAM provides to the Funds as compared to the Sub-Advisers, including that the role of a Sub-Adviser in making investment recommendations with respect to a Fund tracking an index is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the role of a Sub-Adviser in making investment recommendations with respect to a Fund that is model-based, with oversight by WTAM in seeking to ensure consistency with such quantitative models. The Board also considered the entrepreneurial and expense risk borne by WTAM that is associated with Funds’ unitary fee structure, which frequently includes minimum fees (such as those to a Sub-Adviser), regardless of whether the asset size of a Fund has grown to a sufficient size.

Based on this review and the other factors considered at the Meeting, the Board concluded that, with respect to each Fund, the Fund’s performance, the fees paid to WTAM and the relevant Sub-Adviser and the Fund’s total expenses supported the Board’s approval and renewal of the relevant Agreements.

Analysis of Profitability and Economies of Scale. WTAM representatives reviewed the expenses allocated and profit received by WTAM and the resulting profitability percentage for managing each Fund and the aggregate profitability percentage to WTAM for managing the WisdomTree fund complex, and the method used to determine the expenses and profit.

The Board considered the profitability analysis (1) as part of its evaluation of whether the fees under the Agreements bear a reasonable relationship to the mix of services provided by WTAM and the Sub-Advisers, including the nature, extent and quality of such services, and (2) in light of the relevant circumstances for each Fund and the extent to which economies of scale would be realized if the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders. WTAM representatives noted that a discussion of economies of scale is predicated on a Fund having achieved a substantial size and that, if a Fund’s assets had been decreasing, the possibility that WTAM may have realized material economies of scale would be less. WTAM representatives also noted that, as a result of shared and allocated costs among the WisdomTree funds, the extent of economies of scale could depend substantially on the level of assets in the fund complex as a whole and the relative size and asset size changes among the Funds. The Board noted that, in the past, certain Funds had grown rapidly over a relatively short period of time after longer periods of slow or no growth, during which there were years of losses for WTAM in managing such Funds that had only recently turned profitable and years of substantial cumulative losses to WTAM in managing the fund complex as a whole. WTAM representatives stated that there has been significant volatility in the assets of individual Funds and in the fund complex as a whole over time (including volatility in profitability) and that it was not clear that current asset levels will be maintained. WTAM representatives noted that assets in certain Funds have diminished at times at a rapid rate (including during the last year) and could continue to do so. WTAM representatives also noted that economies of scale currently are shared with the Funds by way of the unitary fee structure of the Trust, as well as through additional investment in the WisdomTree business. The Board noted that the Contracts Review Committee had focused on the issue of economies of scale during its meetings. The Board also noted that it would continue to monitor the sharing of economies of scale, focusing in particular on Funds that have experienced significant asset growth, to determine the appropriateness of adding breakpoints in the future. The Board also considered potential benefits to WTAM and the Sub-Advisers from acting as investment adviser and sub-advisers, respectively, and noted that there were no soft dollar

 

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Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (concluded)

 

arrangements in effect for trading the Funds’ investments. Based on this review, the Board concluded that the profitability results were consistent with the services rendered and service levels provided by WTAM and the entrepreneurial risk WTAM has undertaken over time.

*    *    *    *    *    *

At the conclusion of these discussions, the Board agreed that it had been furnished with sufficient information to make an informed business decision with respect to the approval to renew the Agreements. In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its previous knowledge, gained through meetings and other interactions with WTAM and the Sub-Advisers, of the Funds and the services provided to the Funds by WTAM and the Sub-Advisers. The Board also relied on information received on a routine and regular basis throughout the year relating to the operations of the Funds and the investment advisory and other services provided under the Agreements. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the renewal of the Agreements.

 

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General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained upon request, at no charge, by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). Copies of the filings may also be obtained, after paying a duplicating fee, by electronic request at the following E-mail address: [email protected].

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com/investments.

The Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.

Frequency Distribution of Discounts & Premiums

Information about differences between the per share net asset value of each Fund and the market trading price of shares of each Fund are available, without charge, at www.wisdomtree.com/investments.

 

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The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree, Inc., its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country or region may be significantly impacted by events and developments associated with the region which can adversely affect performance. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility. Investments in emerging, offshore or frontier markets are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation and intervention or political developments. Investments in currency involve additional special risks, such as credit risk and interest rate fluctuations. Derivative investments can be volatile and these investments may be less liquid than other securities, and more sensitive to the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting such issuers. Dividends are not guaranteed, and a company currently paying dividends may cease paying dividends at any time. Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

Indexes are unmanaged and you cannot invest directly in an index.

Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only by Authorized Participants in large creation unit sizes of shares.

This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.


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