WisdomTree Trust
Semi-Annual Report
September 30, 2021
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
WisdomTree Emerging Markets High Dividend Fund (DEM)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
WisdomTree Global ex-U.S. Real Estate Fund (DRW)
WisdomTree Global High Dividend Fund (DEW)
WisdomTree Growth Leaders Fund (PLAT)
WisdomTree India Earnings Fund (EPI)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
Information about Performance and Shareholder Expense Examples (unaudited) |
1 | |||
2 | ||||
14 | ||||
Schedules of Investments (unaudited) | ||||
17 | ||||
21 | ||||
28 | ||||
34 | ||||
38 | ||||
42 | ||||
51 | ||||
56 | ||||
59 | ||||
66 | ||||
68 | ||||
75 | ||||
78 | ||||
81 | ||||
84 | ||||
88 | ||||
94 | ||||
Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) |
107 | |||
110 |
“WisdomTree” is a registered mark of 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.
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, 2021 to September 30, 2021. 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 183/365 (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 |
as of September 30, 2021 (unaudited)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
Sector Breakdown†
Sector | % of Net Assets | |||
Consumer Discretionary |
31.2% | |||
Communication Services |
19.2% | |||
Health Care |
15.1% | |||
Information Technology |
8.5% | |||
Financials |
8.1% | |||
Industrials |
6.6% | |||
Consumer Staples |
5.5% | |||
Real Estate |
4.1% | |||
Utilities |
0.8% | |||
Materials |
0.6% | |||
Energy |
0.1% | |||
Other Assets less Liabilities‡ |
0.2% | |||
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 | |||
Tencent Holdings Ltd. |
11.8% | |||
Alibaba Group Holding Ltd. |
5.7% | |||
Meituan, Class B |
5.3% | |||
JD.com, Inc., ADR |
3.3% | |||
Wuxi Biologics Cayman, Inc. |
3.1% | |||
Ping An Insurance Group Co. of China Ltd., Class H |
2.5% | |||
Baidu, Inc., ADR |
2.5% | |||
Contemporary Amperex Technology Co., Ltd., Class A |
2.3% | |||
Ping An Insurance Group Co. of China Ltd., Class A |
2.2% | |||
NIO, Inc., ADR |
2.1% |
* |
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 China ex-State-Owned Enterprises Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree China ex-State-Owned Enterprises Index (the “Index”). In seeking to track the Index, the Fund invests in Chinese companies that are not state-owned enterprises, which is defined as government ownership of greater than 20%. 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, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 834.70 | 0.32 | % | $ | 1.47 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.46 | 0.32 | % | $ | 1.62 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns |
-16.53 | % | -3.38 | % | 15.18 | % | 16.43 | % | 10.41 | % | ||||||||||
Fund Market Price Returns |
-17.49 | % | -4.14 | % | 15.30 | % | 16.27 | % | 10.31 | % | ||||||||||
WisdomTree China Dividend ex-Financials/China ex-State-Owned Enterprises Spliced Index2 |
-16.64 | % | -3.57 | % | 14.40 | % | 16.13 | % | 10.71 | % | ||||||||||
MSCI China Index |
-16.31 | % | -7.33 | % | 5.95 | % | 9.12 | % | 7.73 | % | ||||||||||
FTSE China 50 Index |
-14.86 | % | -3.78 | % | -0.28 | % | 4.05 | % | 4.43 | % |
* |
Returns of less than one year are cumulative. |
1 |
Total returns are calculated based on the commencement of Fund trading on the NASDAQ on September 19, 2012. |
2 |
WisdomTree China Dividend ex-Financials Index through June 30, 2015; WisdomTree China ex-State-Owned Enterprises Index thereafter. |
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, 2021 (unaudited)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
22.9% | |||
Consumer Discretionary |
18.1% | |||
Financials |
14.0% | |||
Communication Services |
13.0% | |||
Materials |
7.2% | |||
Health Care |
6.8% | |||
Consumer Staples |
6.7% | |||
Energy |
4.7% | |||
Industrials |
4.6% | |||
Real Estate |
1.7% | |||
Utilities |
0.8% | |||
Other Assets less Liabilities‡ |
-0.5% | |||
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 | |||
Taiwan Semiconductor Manufacturing Co., Ltd. |
6.6% | |||
Tencent Holdings Ltd. |
5.6% | |||
Samsung Electronics Co., Ltd. |
5.1% | |||
Alibaba Group Holding Ltd. |
4.6% | |||
Reliance Industries Ltd., GDR |
1.8% | |||
Meituan, Class B |
1.8% | |||
Infosys Ltd., ADR |
1.4% | |||
Lukoil PJSC, ADR |
1.2% | |||
Housing Development Finance Corp., Ltd. |
1.2% | |||
JD.com, Inc., ADR |
1.2% |
* |
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 Emerging Markets ex-State-Owned Enterprises Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets ex-State-Owned Enterprises Index (the “Index”). In seeking to track the Index, the Fund invests in emerging market companies that are not state-owned enterprises, which is defined as government ownership of more than 20%. 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, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 942.70 | 0.32 | % | $ | 1.56 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.46 | 0.32 | % | $ | 1.62 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns |
-5.73 | % | 14.19 | % | 11.81 | % | 11.64 | % | 8.27 | % | ||||||||||
Fund Market Price Returns |
-7.29 | % | 12.40 | % | 11.53 | % | 11.52 | % | 8.30 | % | ||||||||||
WisdomTree Emerging Markets ex-State-Owned Enterprises Index |
-5.41 | % | 15.34 | % | 12.27 | % | 12.24 | % | 9.27 | % | ||||||||||
MSCI Emerging Markets Index |
-3.45 | % | 18.20 | % | 8.58 | % | 9.23 | % | 6.49 | % |
* |
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 December 10, 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.
WisdomTree Trust | 3 |
Performance Summary
as of September 30, 2021 (unaudited)
WisdomTree Emerging Markets High Dividend Fund (DEM)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
28.4% | |||
Materials |
19.5% | |||
Information Technology |
13.9% | |||
Utilities |
7.0% | |||
Energy |
6.8% | |||
Communication Services |
6.3% | |||
Real Estate |
5.4% | |||
Consumer Staples |
4.4% | |||
Industrials |
4.1% | |||
Consumer Discretionary |
3.0% | |||
Health Care |
0.3% | |||
Other Assets less Liabilities‡ |
0.9% | |||
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 | |||
Sberbank of Russia PJSC, ADR |
7.3% | |||
Vale S.A. |
5.3% | |||
Hon Hai Precision Industry Co., Ltd. |
4.0% | |||
MMC Norilsk Nickel PJSC, ADR |
3.4% | |||
China Construction Bank Corp., Class H |
2.8% | |||
Rosneft Oil Co. PJSC, GDR |
2.1% | |||
Industrial & Commercial Bank of China Ltd., Class H |
2.0% | |||
Formosa Plastics Corp. |
1.5% | |||
Power Grid Corp. of India Ltd. |
1.5% | |||
Fubon Financial Holding Co., Ltd. |
1.4% |
* |
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 Emerging Markets High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high-dividend-yielding companies in the emerging markets region. 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, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,031.60 | 0.64 | % | $ | 3.26 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,021.86 | 0.64 | % | $ | 3.24 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
3.16 | % | 31.28 | % | 4.99 | % | 8.11 | % | 3.45 | % | ||||||||||
Fund Market Price Returns |
2.05 | % | 29.84 | % | 4.93 | % | 7.80 | % | 3.54 | % | ||||||||||
WisdomTree Emerging Markets High Dividend Index |
3.64 | % | 33.02 | % | 6.04 | % | 8.96 | % | 4.41 | % | ||||||||||
MSCI Emerging Markets Index |
-3.45 | % | 18.20 | % | 8.58 | % | 9.23 | % | 6.09 | % |
* |
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.
4 | WisdomTree Trust |
Performance Summary
as of September 30, 2021 (unaudited)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
19.3% | |||
Financials |
17.4% | |||
Consumer Discretionary |
12.9% | |||
Communication Services |
9.2% | |||
Materials |
9.1% | |||
Consumer Staples |
8.0% | |||
Health Care |
6.7% | |||
Industrials |
5.8% | |||
Energy |
5.6% | |||
Utilities |
4.5% | |||
Real Estate |
1.5% | |||
Other Assets less Liabilities‡ |
0.0% | * | ||
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). |
* |
Represents less than 0.1%. |
Top Ten Holdings*
Description | % of Net Assets | |||
Taiwan Semiconductor Manufacturing Co., Ltd. |
3.7% | |||
China Development Financial Holding Corp. |
2.1% | |||
Cathay Financial Holding Co., Ltd. |
1.9% | |||
Yum China Holdings, Inc. |
1.9% | |||
Zhongsheng Group Holdings Ltd. |
1.8% | |||
Samsung Electronics Co., Ltd. |
1.7% | |||
Tencent Holdings Ltd. |
1.6% | |||
Alibaba Group Holding Ltd. |
1.5% | |||
Vipshop Holdings Ltd., ADR |
1.2% | |||
China Hongqiao Group Ltd. |
1.2% |
* |
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 Emerging Markets Multifactor Fund (the “Fund”) seeks capital appreciation by investing in equity securities of emerging markets countries with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation.
Shareholder Expense Example (for the six-month period ended September 30, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,002.70 | 0.48 | % | $ | 2.41 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.66 | 0.48 | % | $ | 2.43 |
Performance
Average Annual Total Return | ||||||||||||||||
6-Month* | 1 Year | 3 Year | Since Inception1 | |||||||||||||
Fund NAV Returns |
0.27 | % | 20.52 | % | 3.54 | % | 3.42 | % | ||||||||
Fund Market Price Returns |
-1.14 | % | 18.96 | % | 3.25 | % | 3.34 | % | ||||||||
MSCI Emerging Markets Index |
-3.45 | % | 18.20 | % | 8.58 | % | 7.83 | % |
* |
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 | 5 |
Performance Summary
as |
of September 30, 2021 (unaudited) |
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
24.2% | |||
Financials |
12.7% | |||
Consumer Staples |
11.0% | |||
Communication Services |
9.2% | |||
Materials |
8.3% | |||
Industrials |
8.3% | |||
Consumer Discretionary |
8.2% | |||
Health Care |
6.5% | |||
Energy |
4.6% | |||
Utilities |
4.2% | |||
Real Estate |
3.5% | |||
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 | |||
Taiwan Semiconductor Manufacturing Co., Ltd. |
6.1% | |||
Tencent Holdings Ltd. |
4.1% | |||
Samsung Electronics Co., Ltd. |
3.8% | |||
Infosys Ltd. |
1.4% | |||
Reliance Industries Ltd. |
1.3% | |||
Tata Consultancy Services Ltd. |
1.0% | |||
JSW Steel Ltd. |
0.8% | |||
Zhongsheng Group Holdings Ltd. |
0.8% | |||
Bajaj Finance Ltd. |
0.8% | |||
Hon Hai Precision Industry Co., Ltd. |
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 Emerging Markets Quality Dividend Growth Fund (the “Fund”) seeks income and capital appreciation by investing in dividend-paying companies with growth characteristics in the emerging markets region.
Shareholder Expense Example (for the six-month period ended September 30, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 966.80 | 0.32 | % | $ | 1.58 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.46 | 0.32 | % | $ | 1.62 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns |
-3.32 | % | 19.41 | % | 7.98 | % | 6.95 | % | 3.87 | % | ||||||||||
Fund Market Price Returns |
-4.22 | % | 18.64 | % | 8.21 | % | 6.59 | % | 3.62 | % | ||||||||||
MSCI Emerging Markets Index |
-3.45 | % | 18.20 | % | 8.58 | % | 9.23 | % | 5.83 | % |
* |
Returns of less than one year are cumulative. |
1 |
Total returns are calculated based on the commencement of Fund trading on the NASDAQ on August 1, 2013. |
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, 2021 (unaudited)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
17.1% | |||
Industrials |
14.5% | |||
Materials |
14.1% | |||
Financials |
13.6% | |||
Utilities |
9.6% | |||
Consumer Discretionary |
8.9% | |||
Consumer Staples |
7.4% | |||
Real Estate |
7.1% | |||
Health Care |
3.0% | |||
Communication Services |
2.5% | |||
Energy |
2.0% | |||
Investment Company |
0.1% | |||
Other Assets less Liabilities‡ |
0.1% | |||
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 | |||
China Power International Development Ltd. |
1.4% | |||
Wan Hai Lines Ltd. |
1.4% | |||
Transmissora Alianca de Energia Eletrica S.A. |
1.2% | |||
Dongyue Group Ltd. |
1.1% | |||
China Longyuan Power Group Corp., Ltd., Class H |
1.0% | |||
AVI Ltd. |
1.0% | |||
BNK Financial Group, Inc. |
0.9% | |||
Oil India Ltd. |
0.7% | |||
African Rainbow Minerals Ltd. |
0.7% | |||
Synnex Technology International Corp. |
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 Emerging Markets SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the emerging markets region. 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, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,083.60 | 0.63 | % | $ | 3.29 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,021.91 | 0.63 | % | $ | 3.19 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
8.36 | % | 35.34 | % | 9.53 | % | 9.37 | % | 6.62 | % | ||||||||||
Fund Market Price Returns |
7.12 | % | 34.37 | % | 9.72 | % | 9.09 | % | 6.93 | % | ||||||||||
WisdomTree Emerging Markets SmallCap Dividend Index |
9.02 | % | 37.26 | % | 10.87 | % | 10.43 | % | 7.77 | % | ||||||||||
MSCI Emerging Markets Small Cap Index |
8.85 | % | 43.24 | % | 13.11 | % | 9.75 | % | 7.21 | % |
* |
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, 2021 (unaudited)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
23.6% | |||
Health Care |
18.9% | |||
Industrials |
13.9% | |||
Consumer Discretionary |
10.2% | |||
Materials |
9.8% | |||
Consumer Staples |
9.8% | |||
Financials |
5.3% | |||
Communication Services |
4.2% | |||
Energy |
2.1% | |||
Utilities |
1.8% | |||
Real Estate |
0.5% | |||
Investment Company |
0.1% | |||
Other Assets less Liabilities‡ |
-0.2% | |||
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 | |||
ASML Holding N.V. |
4.7% | |||
Taiwan Semiconductor Manufacturing Co., Ltd. |
4.6% | |||
Novo Nordisk A/S, Class B |
4.5% | |||
Unilever PLC |
4.2% | |||
Rio Tinto Ltd. |
3.6% | |||
RELX PLC |
3.5% | |||
Roche Holding AG |
3.5% | |||
Tokyo Electron Ltd. |
3.3% | |||
Canadian National Railway Co. |
2.9% | |||
Partners Group Holding AG |
2.8% |
* |
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 Global ex-U.S. Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in developed and emerging equity markets, excluding the U.S. 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, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,063.60 | 0.58 | % | $ | 3.00 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
6.36 | % | 24.87 | % | 14.78 | % | 12.98 | % | 8.87 | % | ||||||||||
Fund Market Price Returns |
5.51 | % | 24.04 | % | 14.72 | % | 12.82 | % | 9.06 | % | ||||||||||
WisdomTree Global ex-U.S. Quality Dividend Growth Index |
6.61 | % | 25.76 | % | 15.50 | % | 13.76 | % | 9.58 | % | ||||||||||
MSCI AC World ex-USA Growth Index |
2.74 | % | 16.95 | % | 11.94 | % | 11.22 | % | 9.32 | % | ||||||||||
MSCI AC World ex-USA Index |
2.32 | % | 23.92 | % | 8.03 | % | 8.94 | % | 7.48 | % |
* |
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, 2021 (unaudited)
WisdomTree Global ex-U.S. Real Estate Fund (DRW)
Sector Breakdown†
Sector | % of Net Assets | |||
Real Estate |
98.7% | |||
Consumer Discretionary |
0.5% | |||
Financials |
0.2% | |||
Other Assets less Liabilities‡ |
0.6% | |||
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 | |||
Vonovia SE |
5.0% | |||
Sun Hung Kai Properties Ltd. |
3.7% | |||
Link REIT |
3.2% | |||
Daiwa House Industry Co., Ltd. |
2.9% | |||
Daito Trust Construction Co., Ltd. |
2.9% | |||
Deutsche Wohnen SE, Bearer Shares |
2.5% | |||
China Resources Land Ltd. |
2.3% | |||
Goodman Group |
2.3% | |||
Mitsui Fudosan Co., Ltd. |
2.1% | |||
Swiss Prime Site AG, Registered Shares |
1.9% |
* |
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 Global ex-U.S. Real Estate Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Real Estate Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies in the Real Estate sector in developed and emerging equity markets, excluding the U.S. 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, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 982.60 | 0.58 | % | $ | 2.88 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
-1.74 | % | 10.93 | % | -0.25 | % | 3.17 | % | 6.56 | % | ||||||||||
Fund Market Price Returns |
-1.73 | % | 10.72 | % | -0.28 | % | 3.09 | % | 6.76 | % | ||||||||||
WisdomTree International Real Estate/Global ex-U.S. Real Estate Spliced Index1 |
-1.41 | % | 11.45 | % | 0.05 | % | 3.43 | % | 6.82 | % | ||||||||||
Dow Jones Global ex-U.S. Select Real Estate Securities Index |
5.17 | % | 23.76 | % | 3.49 | % | 2.88 | % | 6.34 | % | ||||||||||
MSCI AC World ex-USA Index |
2.32 | % | 23.92 | % | 8.03 | % | 8.94 | % | 7.48 | % |
* |
Returns of less than one year are cumulative. |
1 |
WisdomTree International Real Estate Index through June 17, 2011; WisdomTree Global ex-U.S. Real Estate Index thereafter. |
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, 2021 (unaudited)
WisdomTree Global High Dividend Fund (DEW)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
27.4% | |||
Communication Services |
13.2% | |||
Consumer Staples |
10.5% | |||
Utilities |
8.3% | |||
Health Care |
7.8% | |||
Real Estate |
7.4% | |||
Information Technology |
6.8% | |||
Materials |
6.5% | |||
Energy |
6.3% | |||
Industrials |
3.7% | |||
Consumer Discretionary |
1.6% | |||
Other Assets less Liabilities‡ |
0.5% | |||
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 | |||
AT&T, Inc. |
4.8% | |||
JPMorgan Chase & Co. |
3.9% | |||
Verizon Communications, Inc. |
3.1% | |||
Philip Morris International, Inc. |
2.9% | |||
Altria Group, Inc. |
2.4% | |||
Coca-Cola Co. (The) |
2.4% | |||
Citigroup, Inc. |
2.4% | |||
Pfizer, Inc. |
2.1% | |||
AbbVie, Inc. |
2.0% | |||
Cisco Systems, Inc. |
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 Global High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high-dividend-yielding companies in the U.S. and in developed and emerging equity markets. 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, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,028.10 | 0.58 | % | $ | 2.95 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
2.81 | % | 29.48 | % | 4.40 | % | 6.07 | % | 6.50 | % | ||||||||||
Fund Market Price Returns |
2.49 | % | 28.94 | % | 4.41 | % | 5.89 | % | 6.60 | % | ||||||||||
WisdomTree Global High Dividend Index |
2.64 | % | 29.19 | % | 4.13 | % | 5.84 | % | 6.44 | % | ||||||||||
MSCI AC World Index |
6.26 | % | 27.44 | % | 12.58 | % | 13.20 | % | 11.90 | % |
* |
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.
10 | WisdomTree Trust |
Performance Summary
as of September 30, 2021 (unaudited)
WisdomTree Growth Leaders Fund (PLAT)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
30.9% | |||
Communication Services |
27.7% | |||
Consumer Discretionary |
24.9% | |||
Financials |
8.3% | |||
Industrials |
4.5% | |||
Health Care |
2.9% | |||
Real Estate |
0.8% | |||
Other Assets less Liabilities‡ |
0.0% | * | ||
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). |
* |
Represents less than 0.1%. |
Top Ten Holdings*
Description | % of Net Assets | |||
Microsoft Corp. |
10.1% | |||
Apple, Inc. |
10.0% | |||
Alphabet, Inc., Class A |
9.9% | |||
Amazon.com, Inc. |
8.6% | |||
Facebook, Inc., Class A |
6.1% | |||
PayPal Holdings, Inc. |
2.4% | |||
salesforce.com, Inc. |
2.2% | |||
Upstart Holdings, Inc. |
1.7% | |||
Snap, Inc., Class A |
1.6% | |||
MercadoLibre, Inc. |
1.6% |
* |
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 Growth Leaders Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Growth Leaders Index (the “Index”). In seeking to track the Index, the Fund invests in high growth mid- and large-cap companies that are generating substantial revenue from a modern platform business. 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, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,033.80 | 0.20 | % | $ | 1.02 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,024.07 | 0.20 | % | $ | 1.01 |
Performance
Average Annual Total Return | ||||||||||||
6-Month* | 1 Year | Since Inception1 | ||||||||||
Fund NAV Returns |
3.38 | % | 25.48 | % | 29.93 | % | ||||||
Fund Market Price Returns |
2.98 | % | 25.12 | % | 30.02 | % | ||||||
WisdomTree Growth Leaders Index2 |
3.52 | % | 26.29 | % | 30.47 | % | ||||||
MSCI AC World Index |
6.26 | % | 27.44 | % | 17.35 | % | ||||||
S&P 500® Index |
9.18 | % | 30.00 | % | 21.09 | % |
* |
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 22, 2019. |
2 |
Prior to August 1, 2020, the WisdomTree Growth Leaders Index was named the WisdomTree Modern Tech Platforms 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.
WisdomTree Trust | 11 |
Performance Summary
as of September 30, 2021 (unaudited)
WisdomTree India Earnings Fund (EPI)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
25.0% | |||
Energy |
18.5% | |||
Materials |
15.5% | |||
Information Technology |
13.7% | |||
Utilities |
8.1% | |||
Industrials |
6.4% | |||
Health Care |
5.0% | |||
Consumer Discretionary |
4.4% | |||
Consumer Staples |
4.4% | |||
Communication Services |
1.7% | |||
Real Estate |
0.4% | |||
Investment Company |
0.0% | * | ||
Other Assets less Liabilities‡ |
-3.1% | |||
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 | |||
Reliance Industries Ltd. |
8.3% | |||
Housing Development Finance Corp., Ltd. |
5.4% | |||
Infosys Ltd. |
5.3% | |||
ICICI Bank Ltd. |
3.6% | |||
Tata Consultancy Services Ltd. |
3.1% | |||
NTPC Ltd. |
2.8% | |||
Indian Oil Corp., Ltd. |
2.0% | |||
Power Grid Corp. of India Ltd. |
2.0% | |||
Larsen & Toubro Ltd. |
1.9% | |||
Hindustan Petroleum Corp., Ltd. |
1.9% |
* |
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 India Earnings Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index (the “Index”). In seeking to track the Index, the Fund invests in profitable companies in the Indian 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, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,208.70 | 0.84 | % | $ | 4.65 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,020.86 | 0.84 | % | $ | 4.26 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
20.87 | % | 62.31 | % | 17.18 | % | 12.86 | % | 8.27 | % | ||||||||||
Fund Market Price Returns |
19.13 | % | 59.93 | % | 16.95 | % | 12.74 | % | 8.59 | % | ||||||||||
WisdomTree India Earnings Index |
23.80 | % | 70.16 | % | 19.48 | % | 14.74 | % | 9.82 | % | ||||||||||
MSCI India Index |
20.35 | % | 53.12 | % | 17.26 | % | 13.23 | % | 9.19 | % |
* |
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 |
Performance Summary
as of September 30, 2021 (unaudited)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
28.6% | |||
Information Technology |
14.6% | |||
Materials |
13.9% | |||
Consumer Discretionary |
10.7% | |||
Consumer Staples |
10.7% | |||
Energy |
8.3% | |||
Health Care |
7.8% | |||
Communication Services |
4.8% | |||
Industrials |
2.5% | |||
Real Estate |
1.1% | |||
Utilities |
0.7% | |||
Other Assets less Liabilities‡ |
-3.7% | |||
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 | |||
Infosys Ltd. |
9.2% | |||
Reliance Industries Ltd. |
8.3% | |||
Housing Development Finance Corp., Ltd. |
7.4% | |||
ICICI Bank Ltd. |
5.3% | |||
Hindustan Unilever Ltd. |
3.9% | |||
Kotak Mahindra Bank Ltd. |
3.5% | |||
Bajaj Finance Ltd. |
3.3% | |||
Bharti Airtel Ltd. |
2.9% | |||
Axis Bank Ltd. |
2.6% | |||
Asian Paints Ltd. |
2.4% |
* |
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 India ex-State-Owned Enterprises Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India ex-State-Owned Enterprises Index (the “Index”). In seeking to track the Index, the Fund invests in Indian companies that are not state-owned, which is defined as government ownership greater than 20%. 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, 2021)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,186.60 | 0.58 | % | $ | 3.18 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 |
Performance
Average Annual Total Return | ||||||||||||
6-Month* | 1 Year | Since Inception1 | ||||||||||
Fund NAV Returns |
18.66 | % | 48.31 | % | 16.44 | % | ||||||
Fund Market Price Returns |
17.11 | % | 45.84 | % | 15.65 | % | ||||||
WisdomTree India ex-State-Owned Enterprises Index |
20.84 | % | 57.51 | % | 20.83 | % | ||||||
MSCI India Index |
20.35 | % | 53.12 | % | 16.57 | % |
* |
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 April 4, 2019. |
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 | 13 |
Description of Terms and Indexes (unaudited)
Below are descriptions of certain terms and of each Index referenced in this report:
Correlation is a statistical measure of how two sets of returns move in relation to each other. Correlation coefficients range from -1 to 1. A correlation of 1 means the two subjects of analysis move in lockstep with each other. A correlation of -1 means the two subjects of analysis have moved in exactly the opposite direction.
The Dow Jones Global ex-U.S. Select Real Estate Securities Index is a float-adjusted market capitalization weighted index that defines and measures the investable universe of publicly traded real estate securities in countries outside the U.S.
Factors generally are attributes that are based on its fundamentals or share price behavior.
The FTSE China 50 Index is a capitalization weighted index that is comprised of the 50 largest and most liquid Chinese securities.
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.
Momentum is generally characterized by assets with recent price increase trends over time. This term is also associated with the momentum factor which associates these stock characteristics with excess return vs. the market over time.
The MSCI AC World ex-USA Growth Index is comprised of growth stocks in the developed and emerging markets covered by MSCI, excluding the U.S.
The MSCI AC World ex-USA Index is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the U.S.
The MSCI AC World Index is comprised of the world stock market indexes covered by MSCI.
The MSCI China Index is a free float-adjusted market capitalization weighted index designed to measure the performance of the Chinese equity market.
The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure emerging markets equity performance.
The MSCI Emerging Markets Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of small capitalization equities in the emerging markets.
The MSCI India Index is a free float-adjusted market capitalization index that is designed to measure the performance of the Indian equity market.
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.
The S&P 500® Index is a capitalization-weighted index of 500 stocks selected by the Standard & Poor’s Index Committee, designed to represent the performance of the leading industries in the United States economy.
The WisdomTree China Dividend ex-Financials Index is comprised of Chinese dividend paying stocks outside the Financials sector.
The WisdomTree China ex-State-Owned Enterprises Index measures the performance of Chinese stocks that are not state-owned enterprises. WisdomTree Investments, Inc., as index provider, defines state-owned enterprises as companies with over 20% government ownership.
The WisdomTree Emerging Markets ex-State-Owned Enterprises Index is a modified market capitalization weighted index that consists of common stocks in emerging markets, excluding common stocks of “state-owned enterprises.” WisdomTree Investments, Inc., as index provider, defines state-owned enterprises as companies with over 20% government ownership.
14 | WisdomTree Trust |
Description of Terms and Indexes (unaudited) (continued)
The WisdomTree Emerging Markets High Dividend Index is comprised of the highest dividend-yielding stocks selected from the WisdomTree Emerging Markets Dividend Index.
The WisdomTree Emerging Markets SmallCap Dividend Index is comprised of primarily small-capitalization stocks selected from the WisdomTree Emerging Markets Dividend Index.
The WisdomTree Global ex-U.S. Quality Dividend Growth Index is comprised of growth companies selected from developed and emerging markets outside the U.S.
The WisdomTree Global ex-U.S. Real Estate Index is comprised of companies in developed and emerging markets outside of Canada and the U.S., which WisdomTree classifies as being Global Real Estate securities.
The WisdomTree Global High Dividend Index is comprised of high dividend-paying companies selected from the WisdomTree Global Dividend Index.
The WisdomTree Growth Leaders Index is a modified market capitalization-weighted index that is designed to provide exposure to mid and large-cap companies that are leveraging platform-based business models with high revenue growth.
The WisdomTree India Earnings Index is a fundamentally weighted index that is comprised of companies incorporated and traded in India that are profitable and that are eligible to be purchased by foreign investors as of the index measurement date.
The WisdomTree India ex-State-Owned Enterprises Index measures the performance of Indian stocks that are not state-owned enterprises. State-owned enterprises are defined as government ownership of more than 20% of outstanding shares of companies.
The WisdomTree International Real Estate Index is comprised of companies in developed markets outside of the U.S. and Canada that pay regular cash dividends and that WisdomTree Investments classifies as being part of the International Real Estate sector.
The Dow Jones Global ex-U.S. Select Real Estate Securities Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.
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 Investments, 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 Investments, 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
WisdomTree Trust | 15 |
Description of Terms and Indexes (unaudited) (concluded)
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 Investments is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree Investments 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 Investments 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.
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 | CNY | Chinese yuan | MYR | Malaysian ringgit | |||||||||
BRL | Brazilian real | HKD | Hong Kong dollar | PHP | Philippine peso | |||||||||
CAD | Canadian dollar | INR | Indian rupee | SEK | Swedish krona | |||||||||
CHF | Swiss franc | KRW | South Korean won | TWD | New Taiwan dollar | |||||||||
CLP | Chilean peso | MXN | Mexican peso | USD | U.S. Dollar | |||||||||
OTHER ABBREVIATIONS: | ||||||||||||||
ADR | American Depositary Receipt | |||||||||||||
CVA | Certificaten Van Aandelen (Certificate of Stock) | |||||||||||||
GDR | Global Depositary Receipt | |||||||||||||
NVDR | Non-Voting Depositary Receipt | |||||||||||||
RSP | Risparmio Italian Savings Shares |
16 | WisdomTree Trust |
Schedule of Investments (unaudited)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2021
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.8% |
| |||||||
China – 99.8% |
| |||||||
Air Freight & Logistics – 1.4% |
| |||||||
SF Holding Co., Ltd., Class A |
536,061 | $ | 5,421,042 | |||||
ZTO Express Cayman, Inc., ADR |
265,035 | 8,125,973 | ||||||
|
|
|||||||
Total Air Freight & Logistics |
|
13,547,015 | ||||||
Auto Components – 0.6% |
| |||||||
Fuyao Glass Industry Group Co., Ltd., Class A |
391,267 | 2,558,132 | ||||||
Fuyao Glass Industry Group Co., Ltd., Class H(a) |
317,600 | 1,699,247 | ||||||
Minth Group Ltd. |
372,000 | 1,271,117 | ||||||
Tianneng Power International Ltd.(b) |
342,000 | 383,092 | ||||||
|
|
|||||||
Total Auto Components |
|
5,911,588 | ||||||
Automobiles – 5.3% |
| |||||||
BYD Co., Ltd., Class A |
201,688 | 7,787,373 | ||||||
BYD Co., Ltd., Class H |
340,500 | 10,628,802 | ||||||
Geely Automobile Holdings Ltd. |
2,388,000 | 6,856,031 | ||||||
Great Wall Motor Co., Ltd., Class H |
1,210,500 | 4,462,802 | ||||||
NIO, Inc., ADR* |
568,169 | 20,243,861 | ||||||
Yadea Group Holdings Ltd.(a) |
338,000 | 552,287 | ||||||
|
|
|||||||
Total Automobiles |
|
50,531,156 | ||||||
Banks – 1.6% |
| |||||||
China Minsheng Banking Corp., Ltd., Class A |
9,695,536 | 5,866,398 | ||||||
China Minsheng Banking Corp., Ltd., Class H(b) |
3,700,100 | 1,487,712 | ||||||
Ping An Bank Co., Ltd., Class A |
2,706,900 | 7,510,614 | ||||||
|
|
|||||||
Total Banks |
|
14,864,724 | ||||||
Biotechnology – 3.4% |
| |||||||
BeiGene Ltd.* |
379,800 | 10,782,219 | ||||||
Chongqing Zhifei Biological Products Co., Ltd., Class A |
193,700 | 4,765,653 | ||||||
Hualan Biological Engineering, Inc., Class A |
323,625 | 1,397,234 | ||||||
Innovent Biologics, Inc.*(a) |
520,000 | 5,043,258 | ||||||
Shenzhen Kangtai Biological Products Co., Ltd., Class A |
117,600 | 2,004,177 | ||||||
Walvax Biotechnology Co., Ltd., Class A |
445,800 | 4,358,556 | ||||||
Zai Lab Ltd., ADR*(b) |
38,687 | 4,077,223 | ||||||
|
|
|||||||
Total Biotechnology |
|
32,428,320 | ||||||
Building Products – 0.5% |
| |||||||
China Lesso Group Holdings Ltd. |
670,000 | 1,074,114 | ||||||
Xinyi Glass Holdings Ltd. |
1,257,000 | 3,762,288 | ||||||
|
|
|||||||
Total Building Products |
|
4,836,402 | ||||||
Capital Markets – 1.7% |
| |||||||
East Money Information Co., Ltd., Class A |
2,450,714 | 13,034,523 | ||||||
Futu Holdings Ltd., ADR*(b) |
35,062 | 3,191,343 | ||||||
|
|
|||||||
Total Capital Markets |
|
16,225,866 | ||||||
Communications Equipment – 0.2% |
| |||||||
BYD Electronic International Co., Ltd.(b) |
368,000 | 1,297,631 | ||||||
Shenzhen Sunway Communication Co., Ltd., Class A |
260,200 | 907,578 | ||||||
|
|
|||||||
Total Communications Equipment |
|
2,205,209 | ||||||
Construction & Engineering – 0.5% |
| |||||||
China Conch Venture Holdings Ltd. |
936,363 | 4,336,211 | ||||||
Construction Materials – 0.3% |
| |||||||
Beijing Oriental Yuhong Waterproof Technology Co., Ltd., Class A |
381,300 | 2,615,107 | ||||||
Diversified Consumer Services – 0.3% |
| |||||||
Fu Shou Yuan International Group Ltd. |
774,000 | 645,277 | ||||||
Gaotu Techedu, Inc., ADR*(b) |
46,411 | 142,482 | ||||||
Koolearn Technology Holding Ltd.*(a) |
202,500 | 109,513 | ||||||
New Oriental Education & Technology Group, Inc., ADR* |
696,853 | 1,428,549 | ||||||
TAL Education Group, ADR* |
193,164 | 934,914 | ||||||
|
|
|||||||
Total Diversified Consumer Services |
|
3,260,735 | ||||||
Electrical Equipment – 2.3% |
| |||||||
Contemporary Amperex Technology Co., Ltd., Class A |
271,059 | 22,052,080 | ||||||
Electronic Equipment, Instruments & Components – 3.3% |
| |||||||
AAC Technologies Holdings, Inc.(b) |
412,000 | 1,966,151 | ||||||
GoerTek, Inc., Class A |
753,000 | 5,022,214 | ||||||
Kingboard Holdings Ltd. |
398,000 | 1,802,201 | ||||||
Lens Technology Co., Ltd., Class A |
572,200 | 1,852,390 | ||||||
Luxshare Precision Industry Co., Ltd., Class A |
1,341,476 | 7,413,029 | ||||||
Sunny Optical Technology Group Co., Ltd. |
397,700 | 10,462,765 | ||||||
Wingtech Technology Co., Ltd., Class A |
196,300 | 2,845,099 | ||||||
|
|
|||||||
Total Electronic Equipment, Instruments & Components |
|
31,363,849 | ||||||
Energy Equipment & Services – 0.0% |
| |||||||
China Common Rich Renewable Energy Investments Ltd.*†(b) |
502,000 | 0 | ||||||
Entertainment – 3.8% |
| |||||||
Alibaba Pictures Group Ltd.*(b) |
6,470,000 | 731,388 | ||||||
Bilibili, Inc., ADR*(b) |
127,114 | 8,411,133 | ||||||
DouYu International Holdings Ltd., ADR* |
58,067 | 191,040 | ||||||
HUYA, Inc., ADR* |
54,882 | 457,716 | ||||||
iQIYI, Inc., ADR*(b) |
195,448 | 1,569,448 | ||||||
Kingsoft Corp., Ltd.(b) |
511,200 | 2,038,982 | ||||||
NetEase, Inc., ADR |
223,868 | 19,118,327 | ||||||
Tencent Music Entertainment Group, ADR* |
378,511 | 2,744,205 | ||||||
Wuhu Sanqi Interactive Entertainment Network Technology Group Co., Ltd., Class A |
416,300 | 1,352,203 | ||||||
|
|
|||||||
Total Entertainment |
|
36,614,442 | ||||||
Food & Staples Retailing – 0.1% |
| |||||||
Sun Art Retail Group Ltd.(b) |
1,296,000 | 599,333 | ||||||
Food Products – 5.2% |
| |||||||
China Feihe Ltd.(a) |
1,707,000 | 2,881,309 | ||||||
Dali Foods Group Co., Ltd.(a) |
1,037,500 | 626,393 | ||||||
Foshan Haitian Flavouring & Food Co., Ltd., Class A |
378,051 | 6,435,259 | ||||||
Guangdong Haid Group Co., Ltd., Class A |
240,403 | 2,507,395 | ||||||
Henan Shuanghui Investment & Development Co., Ltd., Class A |
332,700 | 1,397,802 |
See Notes to Financial Statements.
WisdomTree Trust | 17 |
Schedule of Investments (unaudited) (continued)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2021
Investments | Shares | Value | ||||||
Inner Mongolia Yili Industrial Group Co., Ltd., Class A |
1,602,600 | $ | 9,349,523 | |||||
Muyuan Foods Co., Ltd., Class A |
742,974 | 5,967,109 | ||||||
New Hope Liuhe Co., Ltd., Class A* |
653,900 | 1,493,553 | ||||||
Tingyi Cayman Islands Holding Corp. |
1,024,000 | 1,904,712 | ||||||
Tongwei Co., Ltd., Class A |
701,858 | 5,532,624 | ||||||
Uni-President China Holdings Ltd. |
793,000 | 754,835 | ||||||
Want Want China Holdings Ltd. |
3,499,000 | 2,647,404 | ||||||
Wens Foodstuffs Group Co., Ltd., Class A |
1,666,000 | 3,730,495 | ||||||
WH Group Ltd.(a) |
4,796,683 | 3,419,754 | ||||||
Yihai International Holding Ltd.*(b) |
252,000 | 1,403,300 | ||||||
|
|
|||||||
Total Food Products |
|
50,051,467 | ||||||
Gas Utilities – 0.8% |
| |||||||
ENN Energy Holdings Ltd. |
462,200 | 7,623,526 | ||||||
Health Care Equipment & Supplies – 1.5% |
| |||||||
AK Medical Holdings Ltd.(a) |
286,000 | 398,251 | ||||||
Microport Scientific Corp. |
378,700 | 2,135,604 | ||||||
Shandong Weigao Group Medical Polymer Co., Ltd., Class H(b) |
1,412,000 | 2,524,846 | ||||||
Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Class A |
149,874 | 8,938,888 | ||||||
Venus MedTech Hangzhou, Inc., Class H*(a)(b) |
159,500 | 823,659 | ||||||
|
|
|||||||
Total Health Care Equipment & Supplies |
|
14,821,248 | ||||||
Health Care Providers & Services – 1.1% |
| |||||||
Aier Eye Hospital Group Co., Ltd., Class A |
662,758 | 5,476,703 | ||||||
Jinxin Fertility Group Ltd.*(a)(b) |
822,500 | 1,225,617 | ||||||
Ping An Healthcare and Technology Co., Ltd.*(a)(b) |
162,800 | 1,058,195 | ||||||
Topchoice Medical Corp., Class A* |
65,000 | 3,037,890 | ||||||
|
|
|||||||
Total Health Care Providers & Services |
|
10,798,405 | ||||||
Hotels, Restaurants & Leisure – 3.0% |
| |||||||
Haidilao International Holding Ltd.(a)(b) |
442,000 | 1,689,158 | ||||||
Huazhu Group Ltd., ADR*(b) |
78,107 | 3,581,987 | ||||||
Jiumaojiu International Holdings Ltd.(a)(b) |
351,000 | 1,061,840 | ||||||
MGM China Holdings Ltd.*(b) |
402,400 | 250,187 | ||||||
Tongcheng-Elong Holdings Ltd.* |
549,600 | 1,328,701 | ||||||
Trip.com Group Ltd., ADR* |
248,598 | 7,644,388 | ||||||
Yum China Holdings, Inc. |
219,249 | 12,740,559 | ||||||
|
|
|||||||
Total Hotels, Restaurants & Leisure |
|
28,296,820 | ||||||
Household Durables – 1.5% |
| |||||||
Gree Electric Appliances, Inc. of Zhuhai, Class A |
1,191,900 | 7,147,176 | ||||||
Haier Smart Home Co., Ltd., Class A |
1,061,000 | 4,293,486 | ||||||
TCL Technology Group Corp., Class A |
3,146,300 | 3,047,877 | ||||||
|
|
|||||||
Total Household Durables |
|
14,488,539 | ||||||
Industrial Conglomerates – 0.2% |
| |||||||
Fosun International Ltd. |
1,337,500 | 1,627,064 | ||||||
Insurance – 4.9% |
| |||||||
Ping An Insurance Group Co. of China Ltd., Class A |
2,874,794 | 21,513,743 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H |
3,491,500 | 23,883,203 | ||||||
ZhongAn Online P&C Insurance Co., Ltd., Class H*(a)(b) |
349,300 | 1,438,095 | ||||||
|
|
|||||||
Total Insurance |
|
46,835,041 | ||||||
Interactive Media & Services – 14.9% |
| |||||||
Autohome, Inc., ADR |
33,487 | 1,571,545 | ||||||
Baidu, Inc., ADR* |
154,357 | 23,732,389 | ||||||
Hello Group, Inc., ADR |
99,570 | 1,053,451 | ||||||
JOYY, Inc., ADR(b) |
34,531 | 1,893,335 | ||||||
Tencent Holdings Ltd. |
1,902,900 | 112,785,810 | ||||||
Weibo Corp., ADR*(b) |
32,739 | 1,554,775 | ||||||
|
|
|||||||
Total Interactive Media & Services |
|
142,591,305 | ||||||
Internet & Direct Marketing Retail – 16.5% |
| |||||||
Alibaba Group Holding Ltd.* |
3,005,300 | 54,896,965 | ||||||
Baozun, Inc., ADR*(b) |
20,529 | 359,873 | ||||||
JD.com, Inc., ADR* |
442,502 | 31,966,345 | ||||||
Meituan, Class B*(a) |
1,585,200 | 50,215,529 | ||||||
Pinduoduo, Inc., ADR* |
204,578 | 18,549,087 | ||||||
Vipshop Holdings Ltd., ADR* |
183,703 | 2,046,452 | ||||||
|
|
|||||||
Total Internet & Direct Marketing Retail |
|
158,034,251 | ||||||
IT Services – 0.6% |
| |||||||
Chinasoft International Ltd.* |
1,310,000 | 2,315,531 | ||||||
GDS Holdings Ltd., ADR* |
68,702 | 3,889,220 | ||||||
|
|
|||||||
Total IT Services |
|
6,204,751 | ||||||
Life Sciences Tools & Services – 6.1% |
| |||||||
Genscript Biotech Corp.* |
686,000 | 2,643,664 | ||||||
Hangzhou Tigermed Consulting Co., Ltd., Class A |
145,367 | 3,914,155 | ||||||
Pharmaron Beijing Co., Ltd., Class H(a) |
71,200 | 1,703,938 | ||||||
WuXi AppTec Co., Ltd., Class A |
636,147 | 15,041,938 | ||||||
WuXi AppTec Co., Ltd., Class H(a) |
207,795 | 4,860,780 | ||||||
Wuxi Biologics Cayman, Inc.*(a) |
1,835,000 | 29,818,618 | ||||||
|
|
|||||||
Total Life Sciences Tools & Services |
|
57,983,093 | ||||||
Machinery – 1.3% |
| |||||||
Haitian International Holdings Ltd. |
357,000 | 1,102,921 | ||||||
Sany Heavy Industry Co., Ltd., Class A |
1,802,848 | 7,097,398 | ||||||
Shenzhen Inovance Technology Co., Ltd., Class A |
479,100 | 4,670,783 | ||||||
|
|
|||||||
Total Machinery |
|
12,871,102 | ||||||
Marine – 0.3% |
| |||||||
SITC International Holdings Co., Ltd. |
721,000 | 2,588,678 | ||||||
Media – 0.5% |
| |||||||
China Literature Ltd.*(a)(b) |
218,200 | 1,664,953 | ||||||
Focus Media Information Technology Co., Ltd., Class A |
3,005,424 | 3,404,394 | ||||||
|
|
|||||||
Total Media |
|
5,069,347 | ||||||
Metals & Mining – 0.2% |
| |||||||
China Hongqiao Group Ltd. |
1,160,000 | 1,493,092 | ||||||
Oil, Gas & Consumable Fuels – 0.1% |
| |||||||
United Energy Group Ltd.(b) |
4,426,000 | 568,555 | ||||||
Paper & Forest Products – 0.2% |
| |||||||
Nine Dragons Paper Holdings Ltd. |
1,237,000 | 1,523,875 |
See Notes to Financial Statements.
18 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2021
Investments | Shares | Value | ||||||
Personal Products – 0.2% |
| |||||||
Hengan International Group Co., Ltd. |
390,500 | $ | 2,091,790 | |||||
Pharmaceuticals – 2.9% |
| |||||||
China Medical System Holdings Ltd. |
786,000 | 1,433,745 | ||||||
CSPC Pharmaceutical Group Ltd. |
4,935,520 | 5,921,622 | ||||||
Hansoh Pharmaceutical Group Co., Ltd.(a) |
628,000 | 1,597,297 | ||||||
Jiangsu Hengrui Medicine Co., Ltd., Class A |
1,242,468 | 9,657,648 | ||||||
Luye Pharma Group Ltd.*(a)(b) |
1,115,607 | 583,266 | ||||||
Shanghai Fosun Pharmaceutical Group Co., Ltd., Class A |
262,804 | 2,126,947 | ||||||
Shanghai Fosun Pharmaceutical Group Co., Ltd., Class H(b) |
304,500 | 1,566,573 | ||||||
Sino Biopharmaceutical Ltd. |
6,320,250 | 5,244,785 | ||||||
|
|
|||||||
Total Pharmaceuticals |
|
28,131,883 | ||||||
Professional Services – 0.1% |
| |||||||
51job, Inc., ADR* |
18,455 | 1,283,176 | ||||||
Real Estate Management & Development – 4.1% |
| |||||||
A-Living Smart City Services Co., Ltd.(a)(b) |
331,000 | 1,177,792 | ||||||
Agile Group Holdings Ltd. |
722,000 | 675,195 | ||||||
China Aoyuan Group Ltd.(b) |
734,000 | 387,524 | ||||||
CIFI Holdings Group Co., Ltd. |
2,718,000 | 1,850,488 | ||||||
Country Garden Holdings Co., Ltd.(b) |
4,352,136 | 4,500,484 | ||||||
Country Garden Services Holdings Co., Ltd. |
1,041,000 | 8,224,069 | ||||||
Gemdale Corp., Class A |
1,450,400 | 2,513,789 | ||||||
Greentown Service Group Co., Ltd.(b) |
790,000 | 852,447 | ||||||
Guangzhou R&F Properties Co., Ltd., Class H(b) |
2,954,000 | 2,269,199 | ||||||
Hopson Development Holdings Ltd. |
349,900 | 1,245,044 | ||||||
Kaisa Group Holdings Ltd.* |
914,000 | 248,910 | ||||||
KWG Group Holdings Ltd. |
862,000 | 842,661 | ||||||
KWG Living Group Holdings Ltd. |
763,000 | 564,557 | ||||||
Logan Group Co., Ltd. |
663,000 | 693,264 | ||||||
Longfor Group Holdings Ltd.(a) |
952,500 | 4,392,587 | ||||||
Powerlong Real Estate Holdings Ltd. |
849,000 | 638,006 | ||||||
Seazen Group Ltd.* |
1,348,000 | 1,078,795 | ||||||
Shimao Group Holdings Ltd. |
757,500 | 1,387,596 | ||||||
Sunac China Holdings Ltd. |
1,521,000 | 3,243,383 | ||||||
Sunac Services Holdings Ltd.(a) |
514,819 | 1,064,734 | ||||||
Times China Holdings Ltd. |
648,000 | 538,568 | ||||||
Zhenro Properties Group Ltd.(b) |
1,403,600 | 766,290 | ||||||
|
|
|||||||
Total Real Estate Management & Development |
|
39,155,382 | ||||||
Semiconductors & Semiconductor Equipment – 2.8% |
| |||||||
Daqo New Energy Corp., ADR* |
22,822 | 1,300,854 | ||||||
Gigadevice Semiconductor Beijing, Inc., Class A |
164,712 | 3,695,611 | ||||||
JinkoSolar Holding Co., Ltd., ADR*(b) |
12,942 | 592,873 | ||||||
LONGi Green Energy Technology Co., Ltd., Class A |
1,227,792 | 15,670,990 | ||||||
Xinyi Solar Holdings Ltd. |
2,481,765 | 5,088,086 | ||||||
|
|
|||||||
Total Semiconductors & Semiconductor Equipment |
|
26,348,414 | ||||||
Software – 1.6% |
| |||||||
Glodon Co., Ltd., Class A |
273,475 | 2,819,749 | ||||||
Hundsun Technologies, Inc., Class A |
371,368 | 3,291,777 | ||||||
Kingdee International Software Group Co., Ltd.*(b) |
1,372,000 | 4,591,163 | ||||||
Weimob, Inc.*(a)(b) |
1,081,000 | 1,566,375 | ||||||
Yonyou Network Technology Co., Ltd., Class A |
568,313 | 2,913,614 | ||||||
|
|
|||||||
Total Software |
|
15,182,678 | ||||||
Specialty Retail – 0.7% |
| |||||||
China Meidong Auto Holdings Ltd. |
277,712 | 1,394,865 | ||||||
China Yongda Automobiles Services Holdings Ltd. |
723,500 | 1,044,638 | ||||||
GOME Retail Holdings Ltd.*(b) |
5,711,000 | 535,545 | ||||||
Topsports International Holdings Ltd.(a) |
1,357,000 | 1,551,425 | ||||||
Zhongsheng Group Holdings Ltd. |
285,100 | 2,296,284 | ||||||
|
|
|||||||
Total Specialty Retail |
|
6,822,757 | ||||||
Textiles, Apparel & Luxury Goods – 3.2% |
| |||||||
ANTA Sports Products Ltd. |
541,000 | 10,201,974 | ||||||
Li Ning Co., Ltd. |
1,057,500 | 12,246,360 | ||||||
Shenzhou International Group Holdings Ltd. |
392,900 | 8,368,112 | ||||||
|
|
|||||||
Total Textiles, Apparel & Luxury Goods |
|
30,816,446 | ||||||
TOTAL
COMMON STOCKS (Cost: $1,035,629,529) |
|
954,694,722 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9% |
| |||||||
United States – 0.9% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(c) |
||||||||
(Cost: $8,219,432) | 8,219,432 | 8,219,432 | ||||||
TOTAL INVESTMENTS IN SECURITIES –
100.7% (Cost: $1,043,848,961) |
|
962,914,154 | ||||||
Other Assets less Liabilities – (0.7)% |
|
(6,637,596 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 956,276,558 |
* |
Non-income producing security. |
† |
Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets. |
(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, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $43,021,658 and the total market value of the collateral held by the Fund was $45,110,483. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $36,891,051. |
(c) |
Rate shown represents annualized 7-day yield as of September 30, 2021. |
See Notes to Financial Statements.
WisdomTree Trust | 19 |
Schedule of Investments (unaudited) (concluded)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2021
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 |
|||||||||||||||||||||||
JP Morgan Chase Bank N.A. |
10/4/2021 | 479,324 | USD | 3,731,266 | HKD | $ | 14 | $ | — |
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 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 |
||||||||||||||||
Energy Equipment & Services |
$ | — | $ | — | $ | 0 | * | $ | 0 | |||||||
Other |
954,694,722 | — | — | 954,694,722 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 8,219,432 | — | 8,219,432 | ||||||||||||
Total Investments in Securities |
$ | 954,694,722 | $ | 8,219,432 | $ | 0 | $ | 962,914,154 | ||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | 14 | $ | — | $ | 14 | ||||||||
Total – Net |
$ | 954,694,722 | $ | 8,219,446 | $ | 0 | $ | 962,914,168 |
* |
Security is being fair valued using significant unobservable inputs by the Pricing Committee. |
1 |
Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
20 | WisdomTree Trust |
Schedule of Investments (unaudited)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2021
Investments | Shares | Value | ||||||
COMMON STOCKS – 100.5% |
| |||||||
Australia – 0.2% |
| |||||||
Lynas Rare Earths Ltd.* |
1,702,639 | $ | 8,252,640 | |||||
Brazil – 3.3% |
| |||||||
Ambev S.A. |
4,165,193 | 11,695,471 | ||||||
Americanas S.A.* |
311,756 | 1,769,072 | ||||||
Atacadao S.A. |
562,739 | 1,834,177 | ||||||
B3 S.A. – Brasil Bolsa Balcao |
7,297,542 | 17,062,285 | ||||||
Banco Inter S.A. |
433,491 | 3,711,273 | ||||||
BR Malls Participacoes S.A.* |
1,834,607 | 2,720,480 | ||||||
BRF S.A.* |
840,165 | 4,177,003 | ||||||
CCR S.A. |
1,130,779 | 2,428,034 | ||||||
Cia Brasileira de Distribuicao |
175,080 | 827,059 | ||||||
Cia de Locacao das Americas |
255,656 | 1,139,658 | ||||||
Cia Siderurgica Nacional S.A. |
830,132 | 4,376,974 | ||||||
Cogna Educacao* |
2,031,964 | 1,010,593 | ||||||
Cosan S.A. |
1,101,677 | 4,646,174 | ||||||
Cyrela Brazil Realty S.A. Empreendimentos e Participacoes |
71,645 | 236,673 | ||||||
Hapvida Participacoes e Investimentos S.A.(a) |
788,473 | 1,966,516 | ||||||
Hypera S.A. |
170,786 | 1,007,371 | ||||||
IRB Brasil Resseguros S.A. |
1,039,142 | 902,043 | ||||||
Localiza Rent a Car S.A. |
625,304 | 6,250,860 | ||||||
Lojas Americanas S.A. |
877,887 | 710,507 | ||||||
Lojas Renner S.A. |
901,487 | 5,694,577 | ||||||
Magazine Luiza S.A. |
2,697,751 | 7,099,736 | ||||||
Natura & Co. Holding S.A.* |
858,608 | 7,180,672 | ||||||
Notre Dame Intermedica Participacoes S.A. |
478,766 | 6,555,586 | ||||||
Petrobras Distribuidora S.A. |
1,004,243 | 4,329,253 | ||||||
Qualicorp Consultoria e Corretora de Seguros S.A. |
382,379 | 1,402,807 | ||||||
Raia Drogasil S.A. |
1,358,763 | 5,827,652 | ||||||
Rumo S.A.* |
1,181,678 | 3,641,170 | ||||||
Sendas Distribuidora S.A. |
875,398 | 3,058,889 | ||||||
Sul America S.A. |
347,956 | 1,627,102 | ||||||
Suzano S.A.* |
522,290 | 5,225,871 | ||||||
TOTVS S.A. |
392,303 | 2,599,082 | ||||||
Ultrapar Participacoes S.A. |
967,882 | 2,618,250 | ||||||
Via S/A* |
1,201,383 | 1,699,914 | ||||||
WEG S.A. |
1,628,076 | 11,841,042 | ||||||
YDUQS Participacoes S.A. |
276,458 | 1,205,499 | ||||||
|
|
|||||||
Total Brazil |
|
140,079,325 | ||||||
Chile – 0.4% |
| |||||||
Banco de Chile |
48,470,569 | 4,463,923 | ||||||
Banco Santander Chile |
79,802,398 | 3,992,085 | ||||||
Cencosud S.A. |
483,801 | 934,006 | ||||||
Empresas CMPC S.A. |
567,816 | 1,068,238 | ||||||
Empresas COPEC S.A. |
266,928 | 2,211,802 | ||||||
Enel Americas S.A. |
10,370,855 | 1,225,043 | ||||||
Enel Chile S.A. |
64,373,136 | 3,043,497 | ||||||
Falabella S.A. |
262,481 | 917,811 | ||||||
|
|
|||||||
Total Chile |
|
17,856,405 | ||||||
China – 31.4% |
| |||||||
51job, Inc., ADR* |
23,256 | 1,616,990 | ||||||
A-Living Smart City Services Co., Ltd.(a) |
278,000 | 989,203 | ||||||
AAC Technologies Holdings, Inc. |
508,000 | 2,424,284 | ||||||
Aier Eye Hospital Group Co., Ltd., Class A |
483,019 | 3,991,429 | ||||||
AK Medical Holdings Ltd.(a) |
140,000 | 194,948 | ||||||
Alibaba Group Holding Ltd.* |
10,664,632 | 194,807,817 | ||||||
Alibaba Pictures Group Ltd.*(b) |
20,860,000 | 2,358,076 | ||||||
ANTA Sports Products Ltd. |
987,300 | 18,618,132 | ||||||
Autohome, Inc., ADR |
89,407 | 4,195,871 | ||||||
Baidu, Inc., ADR* |
199,745 | 30,710,794 | ||||||
BeiGene Ltd.* |
436,600 | 12,394,726 | ||||||
Beijing Oriental Yuhong Waterproof Technology Co., Ltd., Class A |
136,167 | 933,888 | ||||||
Bilibili, Inc., ADR*(b) |
148,456 | 9,823,334 | ||||||
BYD Co., Ltd., Class A |
80,800 | 3,119,768 | ||||||
BYD Co., Ltd., Class H |
585,500 | 18,276,544 | ||||||
BYD Electronic International Co., Ltd.(b) |
412,500 | 1,454,545 | ||||||
China Common Rich Renewable Energy Investments Ltd.*† |
102,000 | 0 | ||||||
China Conch Venture Holdings Ltd. |
1,713,400 | 7,934,598 | ||||||
China Feihe Ltd.(a) |
1,993,000 | 3,364,059 | ||||||
China Lesso Group Holdings Ltd. |
1,030,000 | 1,651,250 | ||||||
China Literature Ltd.*(a)(b) |
207,000 | 1,579,493 | ||||||
China Medical System Holdings Ltd. |
1,267,000 | 2,311,138 | ||||||
China Meidong Auto Holdings Ltd. |
356,288 | 1,789,529 | ||||||
China Minsheng Banking Corp., Ltd., Class A |
9,949,679 | 6,020,170 | ||||||
China Minsheng Banking Corp., Ltd., Class H(b) |
5,457,000 | 2,194,114 | ||||||
China Yongda Automobiles Services Holdings Ltd. |
1,014,500 | 1,464,803 | ||||||
Chongqing Zhifei Biological Products Co., Ltd., Class A |
98,100 | 2,413,580 | ||||||
Contemporary Amperex Technology Co., Ltd., Class A |
238,317 | 19,388,345 | ||||||
Country Garden Holdings Co., Ltd.(b) |
9,669,935 | 9,999,547 | ||||||
Country Garden Services Holdings Co., Ltd. |
1,103,000 | 8,713,879 | ||||||
CSPC Pharmaceutical Group Ltd. |
8,405,920 | 10,085,398 | ||||||
Daqo New Energy Corp., ADR* |
26,847 | 1,530,279 | ||||||
DouYu International Holdings Ltd., ADR* |
235,260 | 774,005 | ||||||
East Money Information Co., Ltd., Class A |
2,303,218 | 12,250,041 | ||||||
ENN Energy Holdings Ltd. |
686,200 | 11,318,181 | ||||||
Focus Media Information Technology Co., Ltd., Class A |
3,380,300 | 3,829,035 | ||||||
Foshan Haitian Flavouring & Food Co., Ltd., Class A |
319,933 | 5,445,963 | ||||||
Futu Holdings Ltd., ADR*(b) |
42,630 | 3,880,183 | ||||||
Fuyao Glass Industry Group Co., Ltd., Class A |
317,882 | 2,078,335 | ||||||
Gaotu Techedu, Inc., ADR*(b) |
88,475 | 271,618 | ||||||
GDS Holdings Ltd., ADR* |
67,113 | 3,799,267 | ||||||
Geely Automobile Holdings Ltd. |
3,526,000 | 10,123,268 | ||||||
Genscript Biotech Corp.* |
558,000 | 2,150,386 | ||||||
GoerTek, Inc., Class A |
816,390 | 5,445,000 | ||||||
GOME Retail Holdings Ltd.*(b) |
6,969,000 | 653,513 | ||||||
Great Wall Motor Co., Ltd., Class H |
2,041,700 | 7,527,222 |
See Notes to Financial Statements.
WisdomTree Trust | 21 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2021
Investments | Shares | Value | ||||||
Gree Electric Appliances, Inc. of Zhuhai, Class A |
641,800 | $ | 3,848,526 | |||||
Greentown Service Group Co., Ltd.(b) |
1,720,000 | 1,855,960 | ||||||
Guangzhou R&F Properties Co., Ltd., Class H(b) |
5,386,400 | 4,137,716 | ||||||
Haidilao International Holding Ltd.(a)(b) |
1,214,300 | 4,640,597 | ||||||
Hangzhou Tigermed Consulting Co., Ltd., Class A |
131,500 | 3,540,772 | ||||||
Hansoh Pharmaceutical Group Co., Ltd.(a) |
606,000 | 1,541,341 | ||||||
Hello Group, Inc., ADR |
111,918 | 1,184,092 | ||||||
Henan Shuanghui Investment & Development Co., Ltd., Class A |
269,000 | 1,130,173 | ||||||
Hengan International Group Co., Ltd. |
583,000 | 3,122,953 | ||||||
Hualan Biological Engineering, Inc., Class A |
397,846 | 1,717,680 | ||||||
Huazhu Group Ltd., ADR*(b) |
99,353 | 4,556,329 | ||||||
Hundsun Technologies, Inc., Class A |
282,832 | 2,507,001 | ||||||
HUYA, Inc., ADR* |
74,314 | 619,779 | ||||||
Inner Mongolia Yili Industrial Group Co., Ltd., Class A |
1,773,700 | 10,347,716 | ||||||
Innovent Biologics, Inc.*(a) |
609,000 | 5,906,431 | ||||||
JD.com, Inc., ADR* |
683,190 | 49,353,646 | ||||||
Jiangsu Hengrui Medicine Co., Ltd., Class A |
1,335,813 | 10,383,214 | ||||||
JinkoSolar Holding Co., Ltd., ADR*(b) |
3,258 | 149,249 | ||||||
Jinxin Fertility Group Ltd.*(a)(b) |
678,500 | 1,011,041 | ||||||
JOYY, Inc., ADR(b) |
40,283 | 2,208,717 | ||||||
Kingboard Holdings Ltd. |
665,500 | 3,013,478 | ||||||
Kingdee International Software Group Co., Ltd.* |
2,288,000 | 7,656,401 | ||||||
Kingsoft Corp., Ltd. |
1,048,000 | 4,180,072 | ||||||
Koolearn Technology Holding Ltd.*(a)(b) |
110,500 | 59,759 | ||||||
Lens Technology Co., Ltd., Class A |
225,018 | 728,454 | ||||||
Li Ning Co., Ltd. |
1,713,500 | 19,843,156 | ||||||
Longfor Group Holdings Ltd.(a) |
1,918,000 | 8,845,125 | ||||||
LONGi Green Energy Technology Co., Ltd., Class A |
847,680 | 10,819,409 | ||||||
Meituan, Class B*(a) |
2,349,000 | 74,410,975 | ||||||
Microport Scientific Corp. |
354,900 | 2,001,389 | ||||||
Minth Group Ltd. |
328,000 | 1,120,770 | ||||||
Muyuan Foods Co., Ltd., Class A |
581,476 | 4,670,056 | ||||||
NetEase, Inc., ADR |
310,284 | 26,498,254 | ||||||
New Oriental Education & Technology Group, Inc., ADR* |
985,898 | 2,021,091 | ||||||
NIO, Inc., ADR* |
809,472 | 28,841,487 | ||||||
Pinduoduo, Inc., ADR* |
291,155 | 26,399,024 | ||||||
Ping An Bank Co., Ltd., Class A |
2,707,226 | 7,511,519 | ||||||
Ping An Healthcare and Technology Co., Ltd.*(a)(b) |
249,100 | 1,619,143 | ||||||
Ping An Insurance Group Co. of China Ltd., Class A |
2,012,400 | 15,059,951 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H |
4,315,000 | 29,516,260 | ||||||
Sany Heavy Industry Co., Ltd., Class A |
2,226,436 | 8,764,967 | ||||||
SF Holding Co., Ltd., Class A |
249,973 | 2,527,910 | ||||||
Shandong Weigao Group Medical Polymer Co., Ltd., Class H |
3,403,000 | 6,085,021 | ||||||
Shanghai Fosun Pharmaceutical Group Co., Ltd., Class H(b) |
708,500 | 3,645,048 | ||||||
Shenzhen Inovance Technology Co., Ltd., Class A |
264,400 | 2,577,656 | ||||||
Shenzhen Kangtai Biological Products Co., Ltd., Class A |
77,400 | 1,319,075 | ||||||
Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Class A |
94,000 | 5,606,413 | ||||||
Shenzhou International Group Holdings Ltd. |
680,300 | 14,489,250 | ||||||
Shimao Group Holdings Ltd. |
1,725,000 | 3,159,872 | ||||||
Sino Biopharmaceutical Ltd. |
8,920,000 | 7,402,157 | ||||||
Sun Art Retail Group Ltd.(b) |
1,678,500 | 776,220 | ||||||
Sunac China Holdings Ltd. |
2,676,000 | 5,706,307 | ||||||
Sunny Optical Technology Group Co., Ltd. |
541,100 | 14,235,358 | ||||||
TAL Education Group, ADR* |
27,051 | 130,927 | ||||||
TCL Technology Group Corp., Class A |
5,469,100 | 5,298,015 | ||||||
Tencent Holdings Ltd. |
4,020,400 | 238,291,068 | ||||||
Tencent Music Entertainment Group, ADR* |
427,143 | 3,096,787 | ||||||
Tianneng Power International Ltd.(b) |
380,000 | 425,658 | ||||||
Tingyi Cayman Islands Holding Corp. |
2,216,000 | 4,121,917 | ||||||
Tongcheng-Elong Holdings Ltd.* |
1,217,600 | 2,943,643 | ||||||
Tongwei Co., Ltd., Class A |
1,004,358 | 7,917,179 | ||||||
Trip.com Group Ltd., ADR* |
352,163 | 10,829,012 | ||||||
United Energy Group Ltd.(b) |
8,304,000 | 1,066,715 | ||||||
Venus MedTech Hangzhou, Inc., Class H*(a)(b) |
263,500 | 1,360,716 | ||||||
Vipshop Holdings Ltd., ADR* |
271,881 | 3,028,754 | ||||||
Walvax Biotechnology Co., Ltd., Class A |
471,000 | 4,604,935 | ||||||
Want Want China Holdings Ltd. |
3,601,000 | 2,724,578 | ||||||
Weimob, Inc.*(a)(b) |
2,525,000 | 3,658,739 | ||||||
WH Group Ltd.(a) |
8,946,730 | 6,378,495 | ||||||
Wingtech Technology Co., Ltd., Class A |
117,370 | 1,701,117 | ||||||
Wuhu Sanqi Interactive Entertainment Network Technology Group Co., Ltd., Class A |
258,005 | 838,038 | ||||||
WuXi AppTec Co., Ltd., Class A |
516,573 | 12,214,565 | ||||||
Wuxi Biologics Cayman, Inc.*(a) |
2,495,000 | 40,543,570 | ||||||
Xinyi Glass Holdings Ltd. |
2,280,000 | 6,824,199 | ||||||
Xinyi Solar Holdings Ltd. |
2,959,753 | 6,068,052 | ||||||
Yadea Group Holdings Ltd.(a) |
210,000 | 343,137 | ||||||
Yihai International Holding Ltd.*(b) |
168,000 | 935,533 | ||||||
Yonyou Network Technology Co., Ltd., Class A |
500,300 | 2,564,926 | ||||||
Yum China Holdings, Inc. |
360,479 | 20,947,435 | ||||||
Zai Lab Ltd., ADR* |
44,553 | 4,695,441 | ||||||
ZhongAn Online P&C Insurance Co., Ltd., Class H*(a)(b) |
319,100 | 1,313,759 | ||||||
Zhongsheng Group Holdings Ltd. |
303,000 | 2,440,457 | ||||||
ZTO Express Cayman, Inc., ADR |
405,343 | 12,427,816 | ||||||
|
|
|||||||
Total China |
|
1,330,505,691 | ||||||
Hungary – 0.4% |
| |||||||
MOL Hungarian Oil & Gas PLC |
350,974 | 2,926,023 | ||||||
OTP Bank Nyrt* |
210,549 | 12,363,312 | ||||||
|
|
|||||||
Total Hungary |
|
15,289,335 | ||||||
India – 15.9% |
| |||||||
Aarti Industries Ltd. |
273,438 | 3,425,366 | ||||||
Adani Green Energy Ltd.* |
302,104 | 4,666,632 | ||||||
Alkem Laboratories Ltd. |
30,553 | 1,638,528 | ||||||
Apollo Hospitals Enterprise Ltd. |
123,139 | 7,434,707 |
See Notes to Financial Statements.
22 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2021
Investments | Shares | Value | ||||||
Ashok Leyland Ltd. |
3,272,756 | $ | 5,899,360 | |||||
Asian Paints Ltd. |
371,004 | 16,217,414 | ||||||
Astral Ltd. |
142,796 | 4,156,094 | ||||||
Atul Ltd. |
28,201 | 3,595,074 | ||||||
AU Small Finance Bank Ltd.*(a) |
141,145 | 2,213,843 | ||||||
Aurobindo Pharma Ltd. |
234,117 | 2,286,053 | ||||||
Avenue Supermarts Ltd.*(a) |
151,078 | 8,650,591 | ||||||
Axis Bank Ltd.* |
1,677,393 | 17,322,496 | ||||||
Bajaj Finance Ltd. |
219,842 | 22,710,861 | ||||||
Bandhan Bank Ltd.(a) |
563,196 | 2,147,243 | ||||||
Bata India Ltd. |
2,403 | 57,565 | ||||||
Bharat Forge Ltd. |
371,572 | 3,691,567 | ||||||
Bharti Airtel Ltd. |
1,887,510 | 17,502,585 | ||||||
Biocon Ltd.* |
188,003 | 918,645 | ||||||
Britannia Industries Ltd. |
108,419 | 5,767,959 | ||||||
Cipla Ltd. |
433,358 | 5,742,202 | ||||||
Coromandel International Ltd. |
171,036 | 1,830,582 | ||||||
Crompton Greaves Consumer Electricals Ltd. |
620,438 | 4,002,934 | ||||||
Divi’s Laboratories Ltd. |
122,965 | 7,949,509 | ||||||
Dr. Reddy’s Laboratories Ltd. |
104,337 | 6,860,498 | ||||||
Eicher Motors Ltd. |
162,519 | 6,109,064 | ||||||
Emami Ltd. |
248,638 | 1,922,713 | ||||||
Escorts Ltd. |
82,753 | 1,650,099 | ||||||
Exide Industries Ltd. |
22,977 | 55,177 | ||||||
Godrej Consumer Products Ltd.* |
392,150 | 5,441,047 | ||||||
Godrej Properties Ltd.* |
157,766 | 4,913,802 | ||||||
Grasim Industries Ltd. |
303,000 | 6,814,770 | ||||||
HCL Technologies Ltd. |
909,772 | 15,682,850 | ||||||
HDFC Life Insurance Co., Ltd.(a) |
766,579 | 7,460,532 | ||||||
Hero MotoCorp., Ltd. |
123,209 | 4,701,620 | ||||||
Hindustan Unilever Ltd. |
672,384 | 24,474,044 | ||||||
Housing Development Finance Corp., Ltd. |
1,335,666 | 49,561,481 | ||||||
ICICI Bank Ltd., ADR |
1,362,139 | 25,703,563 | ||||||
ICICI Lombard General Insurance Co., Ltd.(a) |
235,502 | 5,043,015 | ||||||
ICICI Prudential Life Insurance Co., Ltd.(a) |
433,944 | 3,927,726 | ||||||
Indus Towers Ltd. |
950,370 | 3,952,433 | ||||||
Info Edge India Ltd. |
58,160 | 5,039,241 | ||||||
Infosys Ltd., ADR |
2,598,783 | 57,822,922 | ||||||
Ipca Laboratories Ltd. |
69,400 | 2,254,524 | ||||||
Jindal Steel & Power Ltd.* |
337,058 | 1,767,537 | ||||||
Kotak Mahindra Bank Ltd. |
867,547 | 23,439,635 | ||||||
Laurus Labs Ltd.(a) |
256,038 | 2,126,363 | ||||||
Lupin Ltd. |
260,455 | 3,339,045 | ||||||
Mahindra & Mahindra Ltd. |
888,935 | 9,617,180 | ||||||
Maruti Suzuki India Ltd. |
109,967 | 10,871,218 | ||||||
Max Financial Services Ltd.* |
217,751 | 2,975,512 | ||||||
Motherson Sumi Systems Ltd. |
1,962,330 | 5,973,372 | ||||||
Navin Fluorine International Ltd. |
40,128 | 1,992,006 | ||||||
Nestle India Ltd. |
34,692 | 9,088,344 | ||||||
Page Industries Ltd. |
6,732 | 2,875,449 | ||||||
PI Industries Ltd. |
89,321 | 3,824,639 | ||||||
Piramal Enterprises Ltd. |
158,985 | 5,559,843 | ||||||
Reliance Industries Ltd., GDR(a) |
2,134 | 145,325 | ||||||
Reliance Industries Ltd., GDR(a)(b) |
1,122,092 | 76,414,465 | ||||||
Shriram Transport Finance Co., Ltd. |
170,372 | 2,981,209 | ||||||
Sun Pharmaceutical Industries Ltd. |
921,872 | 10,162,295 | ||||||
Sundaram Finance Ltd. |
133,419 | 4,403,982 | ||||||
Supreme Industries Ltd. |
114,351 | 3,596,485 | ||||||
Tata Consumer Products Ltd. |
488,123 | 5,350,266 | ||||||
Tata Motors Ltd.* |
1,391,990 | 6,251,320 | ||||||
Tata Steel Ltd. |
888,935 | 15,435,631 | ||||||
Tech Mahindra Ltd. |
538,833 | 10,022,065 | ||||||
Titan Co., Ltd. |
367,073 | 10,690,873 | ||||||
Torrent Pharmaceuticals Ltd. |
79,144 | 3,289,870 | ||||||
Trent Ltd. |
179,547 | 2,481,402 | ||||||
UltraTech Cement Ltd. |
116,725 | 11,630,592 | ||||||
United Spirits Ltd.* |
370,450 | 4,257,599 | ||||||
UPL Ltd. |
536,358 | 5,113,746 | ||||||
Vedanta Ltd. |
2,171,503 | 8,415,114 | ||||||
Vodafone Idea Ltd.* |
7,667,706 | 1,229,271 | ||||||
Voltas Ltd. |
310,241 | 5,090,958 | ||||||
Wipro Ltd. |
1,125,591 | 9,615,537 | ||||||
Zee Entertainment Enterprises Ltd. |
1,197,182 | 4,890,177 | ||||||
|
|
|||||||
Total India |
|
674,137,256 | ||||||
Indonesia – 1.5% |
| |||||||
Astra International Tbk PT |
21,532,900 | 8,274,652 | ||||||
Bank Central Asia Tbk PT |
11,673,000 | 28,545,327 | ||||||
Barito Pacific Tbk PT |
26,993,300 | 1,819,985 | ||||||
Chandra Asri Petrochemical Tbk PT |
2,813,400 | 1,415,300 | ||||||
Charoen Pokphand Indonesia Tbk PT |
10,071,900 | 4,521,359 | ||||||
Indocement Tunggal Prakarsa Tbk PT |
3,000,900 | 2,201,534 | ||||||
Indofood Sukses Makmur Tbk PT |
5,722,600 | 2,538,935 | ||||||
Kalbe Farma Tbk PT |
28,793,300 | 2,876,815 | ||||||
Merdeka Copper Gold Tbk PT* |
11,068,600 | 1,948,847 | ||||||
Sarana Menara Nusantara Tbk PT |
37,176,100 | 3,441,630 | ||||||
United Tractors Tbk PT |
1,795,400 | 3,261,513 | ||||||
|
|
|||||||
Total Indonesia |
|
60,845,897 | ||||||
Malaysia – 1.3% |
| |||||||
Dialog Group Bhd |
12,257,500 | 6,997,593 | ||||||
Genting Malaysia Bhd |
5,282,400 | 3,785,310 | ||||||
Hartalega Holdings Bhd |
3,112,100 | 4,571,698 | ||||||
Hong Leong Bank Bhd |
2,437,008 | 11,001,899 | ||||||
Nestle Malaysia Bhd |
297,200 | 9,448,781 | ||||||
Press Metal Aluminium Holdings Bhd |
8,241,700 | 11,299,978 | ||||||
QL Resources Bhd |
2,291,925 | 2,945,314 | ||||||
Top Glove Corp. Bhd |
9,008,900 | 6,197,452 | ||||||
|
|
|||||||
Total Malaysia |
|
56,248,025 | ||||||
Mexico – 2.0% |
| |||||||
Alfa S.A.B. de C.V., Class A |
5,458,835 | 3,802,279 | ||||||
America Movil S.A.B. de C.V., Series L |
18,271,203 | 16,239,488 | ||||||
Cemex S.A.B. de C.V., Series CPO* |
10,730,232 | 7,776,931 | ||||||
Fibra Uno Administracion S.A. de C.V. |
3,694,014 | 4,207,448 | ||||||
Fomento Economico Mexicano S.A.B. de C.V. |
1,561,010 | 13,618,235 | ||||||
Grupo Aeroportuario del Centro Norte S.A.B. de C.V.* |
155,269 | 914,934 | ||||||
Grupo Aeroportuario del Pacifico S.A.B. de C.V., Class B* |
287,016 | 3,352,769 | ||||||
Grupo Bimbo S.A.B. de C.V., Series A |
627,763 | 1,773,485 | ||||||
Grupo Elektra S.A.B. de C.V. |
81,118 | 6,195,600 |
See Notes to Financial Statements.
WisdomTree Trust | 23 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2021
Investments | Shares | Value | ||||||
Grupo Financiero Banorte S.A.B. de C.V., Class O |
1,602,707 | $ | 10,341,983 | |||||
Grupo Televisa S.A.B., Series CPO |
1,778,908 | 3,941,488 | ||||||
Wal-Mart de Mexico S.A.B. de C.V. |
3,970,334 | 13,552,996 | ||||||
|
|
|||||||
Total Mexico |
|
85,717,636 | ||||||
Philippines – 0.8% |
| |||||||
Ayala Corp. |
70,110 | 1,122,915 | ||||||
Ayala Land, Inc. |
3,567,900 | 2,343,161 | ||||||
Bank of the Philippine Islands |
651,180 | 1,039,769 | ||||||
BDO Unibank, Inc. |
271,200 | 588,016 | ||||||
Globe Telecom, Inc. |
12,955 | 757,846 | ||||||
JG Summit Holdings, Inc. |
1,010,820 | 1,288,047 | ||||||
Jollibee Foods Corp. |
666,780 | 2,679,669 | ||||||
PLDT, Inc. |
40,140 | 1,322,000 | ||||||
Puregold Price Club, Inc. |
2,364,500 | 2,062,738 | ||||||
SM Investments Corp. |
459,895 | 8,925,623 | ||||||
SM Prime Holdings, Inc. |
15,113,700 | 9,703,464 | ||||||
Universal Robina Corp. |
1,138,680 | 3,033,652 | ||||||
|
|
|||||||
Total Philippines |
|
34,866,900 | ||||||
Poland – 0.7% |
| |||||||
Asseco Poland S.A. |
134,353 | 2,963,632 | ||||||
Bank Polska Kasa Opieki S.A. |
80,950 | 2,100,572 | ||||||
CD Projekt S.A. |
79,712 | 3,849,861 | ||||||
Cyfrowy Polsat S.A. |
583,789 | 5,230,397 | ||||||
LPP S.A. |
2,042 | 7,610,098 | ||||||
Orange Polska S.A.* |
1,197,923 | 2,422,240 | ||||||
Santander Bank Polska S.A.* |
72,527 | 5,482,557 | ||||||
|
|
|||||||
Total Poland |
|
29,659,357 | ||||||
Russia – 3.6% |
| |||||||
Lukoil PJSC, ADR |
547,478 | 52,459,342 | ||||||
Mail.ru Group Ltd., GDR*(c) |
186,767 | 3,843,665 | ||||||
Mobile TeleSystems PJSC, ADR |
865,980 | 8,348,047 | ||||||
Novatek PJSC, GDR(c) |
126,751 | 33,474,939 | ||||||
Novolipetsk Steel PJSC, GDR |
105,643 | 3,141,823 | ||||||
Petropavlovsk PLC*(b) |
3,733,254 | 1,032,922 | ||||||
Polyus PJSC, GDR(c) |
83,706 | 6,880,633 | ||||||
Severstal PAO, GDR(c) |
132,223 | 2,784,617 | ||||||
X5 Retail Group N.V., GDR(c) |
185,111 | 6,010,554 | ||||||
Yandex N.V., Class A*(b) |
448,272 | 35,722,796 | ||||||
|
|
|||||||
Total Russia |
|
153,699,338 | ||||||
South Africa – 4.2% |
| |||||||
Absa Group Ltd. |
645,352 | 6,548,746 | ||||||
Anglo American Platinum Ltd. |
23,430 | 2,031,394 | ||||||
AngloGold Ashanti Ltd. |
290,951 | 4,597,200 | ||||||
Aspen Pharmacare Holdings Ltd.(b) |
376,545 | 6,780,813 | ||||||
AVI Ltd. |
515,357 | 2,930,461 | ||||||
Bid Corp., Ltd.* |
297,255 | 6,374,040 | ||||||
Capitec Bank Holdings Ltd. |
71,346 | 8,626,488 | ||||||
Clicks Group Ltd. |
241,916 | 4,465,276 | ||||||
Discovery Ltd.* |
376,193 | 3,422,619 | ||||||
FirstRand Ltd. |
4,370,944 | 18,741,748 | ||||||
Foschini Group Ltd. (The)* |
268,605 | 2,437,887 | ||||||
Gold Fields Ltd. |
666,583 | 5,462,037 | ||||||
Growthpoint Properties Ltd. |
5,575,203 | 5,299,130 | ||||||
Impala Platinum Holdings Ltd. |
570,388 | 6,508,375 | ||||||
Investec PLC |
772,114 | 3,318,371 | ||||||
Mediclinic International PLC* |
453,392 | 1,920,248 | ||||||
Mr. Price Group Ltd. |
88,732 | 1,186,750 | ||||||
MultiChoice Group |
302,096 | 2,292,476 | ||||||
Naspers Ltd., Class N |
168,782 | 27,963,178 | ||||||
Nedbank Group Ltd. |
482,978 | 5,619,816 | ||||||
Netcare Ltd.* |
4,185,562 | 4,506,886 | ||||||
Northam Platinum Holdings Ltd.* |
358,362 | 4,271,284 | ||||||
Old Mutual Ltd. |
1,492,052 | 1,643,290 | ||||||
Pick n Pay Stores Ltd. |
447,302 | 1,694,664 | ||||||
Sanlam Ltd. |
1,847,363 | 7,848,684 | ||||||
Shoprite Holdings Ltd.(b) |
402,521 | 4,782,362 | ||||||
Sibanye Stillwater Ltd. |
2,030,371 | 6,278,023 | ||||||
SPAR Group Ltd. (The) |
224,936 | 2,936,652 | ||||||
Standard Bank Group Ltd. |
1,143,069 | 10,878,340 | ||||||
Tiger Brands Ltd. |
161,867 | 2,014,811 | ||||||
Vodacom Group Ltd. |
254,616 | 2,437,680 | ||||||
|
|
|||||||
Total South Africa |
|
175,819,729 | ||||||
South Korea – 15.2% |
| |||||||
Alteogen, Inc.* |
22,915 | 1,405,092 | ||||||
Amorepacific Corp. |
24,893 | 3,752,872 | ||||||
Cellivery Therapeutics, Inc.* |
9,634 | 431,252 | ||||||
Celltrion Healthcare Co., Ltd.* |
65,175 | 6,022,082 | ||||||
Celltrion Pharm, Inc.* |
13,378 | 1,653,042 | ||||||
Celltrion, Inc.* |
68,311 | 14,971,879 | ||||||
CJ CheilJedang Corp. |
1,097 | 379,410 | ||||||
Coway Co., Ltd. |
70,711 | 4,431,382 | ||||||
DB Insurance Co., Ltd. |
70,606 | 3,792,687 | ||||||
Dongsuh Cos., Inc. |
74,166 | 1,829,094 | ||||||
Doosan Fuel Cell Co., Ltd.*(b) |
36,029 | 1,579,312 | ||||||
Doosan Heavy Industries & Construction Co., Ltd.* |
136,875 | 2,375,660 | ||||||
Douzone Bizon Co., Ltd. |
15,494 | 1,257,579 | ||||||
E-Mart, Inc. |
21,241 | 2,951,135 | ||||||
Ecopro BM Co., Ltd. |
9,150 | 3,608,995 | ||||||
Fila Holdings Corp. |
48,364 | 1,742,166 | ||||||
GeneOne Life Science, Inc.* |
31,133 | 901,910 | ||||||
Genexine, Inc.* |
13,260 | 799,632 | ||||||
Green Cross Corp. |
5,811 | 1,626,982 | ||||||
GS Engineering & Construction Corp. |
132,584 | 4,787,133 | ||||||
Hana Financial Group, Inc. |
291,269 | 11,414,596 | ||||||
Hanjin Kal Corp.* |
14,369 | 742,722 | ||||||
Hanmi Pharm Co., Ltd. |
11,253 | 2,613,661 | ||||||
Hanmi Science Co., Ltd. |
33,931 | 1,779,658 | ||||||
Hanon Systems |
269,525 | 3,562,556 | ||||||
Hanwha Solutions Corp.* |
134,176 | 5,076,930 | ||||||
HLB Life Science Co., Ltd.* |
84,795 | 1,332,084 | ||||||
HLB, Inc.*(b) |
69,089 | 3,296,899 | ||||||
Hyundai Glovis Co., Ltd. |
21,337 | 3,000,516 | ||||||
Hyundai Heavy Industries Holdings Co., Ltd. |
87,865 | 4,801,407 |
See Notes to Financial Statements.
24 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2021
Investments | Shares | Value | ||||||
Hyundai Marine & Fire Insurance Co., Ltd. |
129,065 | $ | 2,774,243 | |||||
Hyundai Motor Co. |
106,802 | 18,040,878 | ||||||
Hyundai Steel Co. |
86,474 | 3,458,230 | ||||||
Kakao Corp. |
202,481 | 20,179,694 | ||||||
KB Financial Group, Inc. |
320,850 | 14,985,646 | ||||||
Kia Corp. |
210,724 | 14,451,680 | ||||||
KMW Co., Ltd.*(b) |
43,848 | 1,486,906 | ||||||
Korea Investment Holdings Co., Ltd. |
20,915 | 1,524,463 | ||||||
Korea Shipbuilding & Offshore Engineering Co., Ltd.* |
23,337 | 2,010,451 | ||||||
LG Chem Ltd. |
32,499 | 21,300,020 | ||||||
LG Corp. |
99,830 | 7,841,377 | ||||||
LG Electronics, Inc. |
83,055 | 8,943,845 | ||||||
LG Household & Health Care Ltd. |
6,809 | 7,688,879 | ||||||
LG Innotek Co., Ltd. |
14,747 | 2,596,917 | ||||||
Lotte Chemical Corp. |
12,599 | 2,569,813 | ||||||
Lotte Corp. |
92,035 | 2,619,577 | ||||||
LX Holdings Corp.* |
47,794 | 383,886 | ||||||
Macquarie Korea Infrastructure Fund |
247,009 | 2,670,368 | ||||||
Mando Corp.*(b) |
53,881 | 2,598,484 | ||||||
Mezzion Pharma Co., Ltd.* |
6,725 | 951,383 | ||||||
NAVER Corp. |
94,156 | 30,855,176 | ||||||
NCSoft Corp. |
12,041 | 6,132,367 | ||||||
Netmarble Corp.(a) |
35,663 | 3,554,252 | ||||||
OCI Co., Ltd.* |
10,171 | 1,383,050 | ||||||
Orion Corp. |
5,290 | 524,979 | ||||||
Pearl Abyss Corp.* |
48,688 | 3,306,178 | ||||||
POSCO |
65,829 | 18,347,610 | ||||||
POSCO Chemical Co., Ltd. |
29,026 | 4,339,191 | ||||||
S-Oil Corp. |
45,898 | 4,264,172 | ||||||
Samsung Biologics Co., Ltd.*(a) |
11,474 | 8,469,828 | ||||||
Samsung Electro-Mechanics Co., Ltd. |
47,238 | 7,081,710 | ||||||
Samsung Electronics Co., Ltd. |
3,440,512 | 215,322,584 | ||||||
Samsung Fire & Marine Insurance Co., Ltd. |
21,486 | 4,264,535 | ||||||
Samsung Heavy Industries Co., Ltd.*(b) |
142,105 | 744,131 | ||||||
Samsung Life Insurance Co., Ltd. |
67,069 | 4,157,825 | ||||||
Samsung SDI Co., Ltd. |
39,007 | 23,654,583 | ||||||
Samsung SDS Co., Ltd. |
34,663 | 4,698,827 | ||||||
Shinhan Financial Group Co., Ltd. |
442,476 | 15,097,999 | ||||||
Shinsegae, Inc. |
10,146 | 2,257,999 | ||||||
SK Chemicals Co., Ltd. |
9,817 | 2,354,753 | ||||||
SK Hynix, Inc. |
295,831 | 25,735,298 | ||||||
SK Innovation Co., Ltd.* |
39,016 | 8,732,466 | ||||||
SK Telecom Co., Ltd. |
38,205 | 10,454,747 | ||||||
Yuhan Corp. |
15,587 | 809,629 | ||||||
|
|
|||||||
Total South Korea |
|
643,540,954 | ||||||
Taiwan – 17.4% |
| |||||||
Accton Technology Corp. |
391,000 | 3,690,996 | ||||||
Airtac International Group |
73,000 | 2,292,672 | ||||||
Alchip Technologies Ltd. |
97,000 | 3,230,954 | ||||||
ASE Technology Holding Co., Ltd. |
3,149,062 | 12,320,230 | ||||||
Asia Cement Corp. |
1,000,000 | 1,636,726 | ||||||
ASMedia Technology, Inc. |
24,000 | 1,438,596 | ||||||
Asustek Computer, Inc. |
1,053,000 | 12,302,417 | ||||||
AU Optronics Corp. |
10,721,000 | 6,791,897 | ||||||
Catcher Technology Co., Ltd. |
852,000 | 5,122,306 | ||||||
Cathay Financial Holding Co., Ltd. |
8,733,854 | 18,150,792 | ||||||
Chailease Holding Co., Ltd. |
1,200,702 | 10,601,845 | ||||||
Cheng Loong Corp. |
278,000 | 355,726 | ||||||
Cheng Shin Rubber Industry Co., Ltd. |
714,000 | 909,783 | ||||||
Chicony Electronics Co., Ltd. |
1,068,240 | 2,952,369 | ||||||
Chroma ATE, Inc. |
316,000 | 1,996,231 | ||||||
Compeq Manufacturing Co., Ltd. |
904,000 | 1,210,287 | ||||||
CTBC Financial Holding Co., Ltd. |
22,084,672 | 18,152,545 | ||||||
Delta Electronics, Inc. |
1,316,500 | 11,907,826 | ||||||
E.Sun Financial Holding Co., Ltd. |
14,063,848 | 13,276,115 | ||||||
Evergreen Marine Corp. Taiwan Ltd. |
2,082,000 | 9,415,911 | ||||||
Far Eastern International Bank |
3,865,974 | 1,450,061 | ||||||
Far Eastern New Century Corp. |
4,486,080 | 4,806,428 | ||||||
Feng TAY Enterprise Co., Ltd. |
645,000 | 4,977,477 | ||||||
Formosa Chemicals & Fibre Corp. |
4,592,000 | 13,828,496 | ||||||
Formosa Petrochemical Corp. |
298,000 | 1,061,058 | ||||||
Formosa Plastics Corp. |
4,494,000 | 18,307,963 | ||||||
Fubon Financial Holding Co., Ltd. |
7,736,500 | 21,298,597 | ||||||
Genius Electronic Optical Co., Ltd. |
35,000 | 517,579 | ||||||
Giant Manufacturing Co., Ltd. |
120,000 | 1,371,835 | ||||||
Great Wall Enterprise Co., Ltd. |
379,040 | 746,910 | ||||||
Hon Hai Precision Industry Co., Ltd. |
9,089,068 | 34,254,667 | ||||||
Hotai Motor Co., Ltd. |
194,000 | 4,073,509 | ||||||
Innolux Corp. |
11,878,000 | 7,247,752 | ||||||
Inventec Corp. |
2,012,000 | 1,863,197 | ||||||
King Yuan Electronics Co., Ltd. |
1,955,000 | 2,873,504 | ||||||
Largan Precision Co., Ltd. |
79,000 | 6,209,867 | ||||||
Lien Hwa Industrial Holdings Corp. |
866,100 | 1,740,873 | ||||||
Lite-On Technology Corp. |
1,247,000 | 2,797,419 | ||||||
Macronix International Co., Ltd. |
1,505,000 | 1,990,605 | ||||||
MediaTek, Inc. |
1,069,000 | 34,724,610 | ||||||
Merida Industry Co., Ltd. |
78,000 | 818,901 | ||||||
Micro-Star International Co., Ltd. |
1,072,000 | 4,982,825 | ||||||
Nan Ya Plastics Corp. |
5,483,000 | 18,007,376 | ||||||
Novatek Microelectronics Corp. |
468,000 | 6,887,170 | ||||||
Pegatron Corp. |
1,578,000 | 3,794,835 | ||||||
Pou Chen Corp. |
3,082,000 | 3,733,512 | ||||||
Powertech Technology, Inc. |
1,136,000 | 4,260,943 | ||||||
President Chain Store Corp. |
96,000 | 964,807 | ||||||
Quanta Computer, Inc. |
2,318,000 | 6,448,018 | ||||||
Realtek Semiconductor Corp. |
307,000 | 5,460,006 | ||||||
Shanghai Commercial & Savings Bank Ltd. (The) |
3,085,000 | 4,916,423 | ||||||
Synnex Technology International Corp. |
2,221,000 | 4,161,311 | ||||||
Taishin Financial Holding Co., Ltd. |
2,899,510 | 1,883,711 | ||||||
Taiwan Cement Corp. |
6,565,104 | 12,017,742 | ||||||
Taiwan Mobile Co., Ltd. |
3,035,000 | 10,773,730 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. |
13,414,000 | 279,252,705 | ||||||
Tripod Technology Corp. |
410,000 | 1,640,854 | ||||||
Uni-President Enterprises Corp. |
5,098,160 | 12,498,136 | ||||||
Unimicron Technology Corp. |
1,158,000 | 5,486,477 |
See Notes to Financial Statements.
WisdomTree Trust | 25 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2021
Investments | Shares | Value | ||||||
United Microelectronics Corp. |
7,833,000 | $ | 17,993,647 | |||||
Voltronic Power Technology Corp. |
36,000 | 2,209,580 | ||||||
Walsin Technology Corp.* |
282,000 | 1,548,644 | ||||||
Winbond Electronics Corp. |
3,683,000 | 3,503,150 | ||||||
Wiwynn Corp. |
69,000 | 2,154,663 | ||||||
Yageo Corp. |
311,396 | 4,945,810 | ||||||
Yuanta Financial Holding Co., Ltd. |
12,284,765 | 10,891,179 | ||||||
Zhen Ding Technology Holding Ltd. |
566,000 | 2,009,203 | ||||||
|
|
|||||||
Total Taiwan |
|
737,143,989 | ||||||
Thailand – 1.7% |
| |||||||
Advanced Info Service PCL, NVDR |
536,100 | 3,105,530 | ||||||
B Grimm Power PCL, NVDR |
1,669,800 | 2,023,402 | ||||||
Bangkok Expressway & Metro PCL, NVDR(b) |
21,600,500 | 5,586,061 | ||||||
BTS Group Holdings PCL, NVDR(b) |
19,525,200 | 5,424,468 | ||||||
Bumrungrad Hospital PCL, NVDR |
1,040,400 | 4,351,015 | ||||||
Carabao Group PCL, NVDR(b) |
458,800 | 1,627,191 | ||||||
Central Pattana PCL, NVDR |
569,600 | 892,236 | ||||||
Central Retail Corp. PCL, NVDR |
3,667,083 | 3,630,775 | ||||||
CP ALL PCL, NVDR |
3,105,300 | 5,827,887 | ||||||
Delta Electronics Thailand PCL, NVDR |
357,800 | 4,970,179 | ||||||
Energy Absolute PCL, NVDR |
2,668,100 | 4,829,943 | ||||||
Gulf Energy Development PCL, NVDR |
7,035,400 | 8,629,204 | ||||||
Home Product Center PCL, NVDR(b) |
8,524,800 | 3,426,549 | ||||||
Indorama Ventures PCL, NVDR(b) |
992,300 | 1,305,079 | ||||||
Intouch Holdings PCL, NVDR |
2,662,900 | 6,335,553 | ||||||
Minor International PCL, NVDR* |
1,567,100 | 1,458,952 | ||||||
Muangthai Capital PCL, NVDR(b) |
1,236,700 | 2,129,091 | ||||||
Osotspa PCL, NVDR |
2,992,100 | 3,006,691 | ||||||
Siam Global House PCL, NVDR(b) |
3,836,499 | 2,369,819 | ||||||
True Corp. PCL, NVDR(b) |
21,647,100 | 2,431,180 | ||||||
|
|
|||||||
Total Thailand |
|
73,360,805 | ||||||
Turkey – 0.2% |
| |||||||
BIM Birlesik Magazalar AS |
681,435 | 4,901,223 | ||||||
Enka Insaat ve Sanayi AS |
3,600,269 | 4,210,462 | ||||||
|
|
|||||||
Total Turkey |
|
9,111,685 | ||||||
United Kingdom – 0.3% |
| |||||||
Avast PLC(a) |
748,226 | 5,693,679 | ||||||
Evraz PLC |
851,414 | 6,823,738 | ||||||
|
|
|||||||
Total United Kingdom |
|
12,517,417 | ||||||
TOTAL COMMON STOCKS (Cost: $3,847,472,748) |
|
4,258,652,384 | ||||||
RIGHTS – 0.0% |
| |||||||
India – 0.0% |
| |||||||
Bharti Airtel Ltd., expiring 10/21/21* |
136,613 | 282,143 | ||||||
South Korea – 0.0% |
| |||||||
Samsung Heavy Industries Co., Ltd., expiring 10/29/21* |
48,165 | 43,527 | ||||||
TOTAL
RIGHTS (Cost: $0) |
|
325,670 | ||||||
WARRANTS – 0.0% |
| |||||||
Thailand – 0.0% |
| |||||||
BTS Group Holdings PCL, expiring 7/22/22* |
6,355,740 | 0 | ||||||
BTS Group Holdings PCL, expiring 9/5/22*(b) |
1,059,289 | 52,597 | ||||||
TOTAL
WARRANTS (Cost: $0) |
|
52,597 | ||||||
Principal Amount |
||||||||
FOREIGN CORPORATE BOND – 0.0% |
| |||||||
India – 0.0% |
| |||||||
Britannia
Industries Ltd. |
||||||||
(Cost: $45,084) | 3,280,857 | INR | 44,465 | |||||
Shares | ||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.2% |
| |||||||
United States – 1.2% |
| |||||||
State
Street Navigator Securities Lending |
|
|||||||
(Cost: $51,749,518) | 51,749,518 | 51,749,518 | ||||||
TOTAL INVESTMENTS IN SECURITIES –
101.7% (Cost: $3,899,267,350) |
|
4,310,824,634 | ||||||
Other Assets less Liabilities – (1.7)% |
|
(70,360,523 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 4,240,464,111 |
* |
Non-income producing security. |
† |
Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets. |
(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, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $116,157,731 and the total market value of the collateral held by the Fund was $121,599,894. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $69,850,376. |
(c) |
This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. |
(d) |
Rate shown represents annualized 7-day yield as of September 30, 2021. |
See Notes to Financial Statements.
26 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2021
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 N.A. |
10/4/2021 | 9,230,774 | USD | 257,261,671 | TWD | $ | — | $ | (3,148 | ) | ||||||||||||||||||
Bank of America N.A. |
10/5/2021 | 2,571,510 | USD | 20,018,580 | HKD | — | (36 | ) | ||||||||||||||||||||
Bank of America N.A. |
10/6/2021 | 8,544,369 | USD | 10,120,805,735 | KRW | — | (3,608 | ) | ||||||||||||||||||||
Bank of America N.A. |
10/8/2021 | 2,641,031 | USD | 17,053,917 | CNY | 1,984 | — | |||||||||||||||||||||
Citibank N.A. |
10/4/2021 | 110,699 | USD | 2,271,923 | MXN | 114 | — | |||||||||||||||||||||
Merrill Lynch International |
10/4/2021 | 1,857,665 | USD | 10,127,618 | BRL | — | (989 | ) | ||||||||||||||||||||
Merrill Lynch International |
10/4/2021 | 767,414 | USD | 3,213,546 | MYR | — | (183 | ) | ||||||||||||||||||||
$ | 2,098 | $ | (7,964 | ) |
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 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 |
||||||||||||||||
China |
$ | 1,330,505,691 | $ | — | $ | 0 | * | $ | 1,330,505,691 | |||||||
Other |
2,928,146,693 | — | — | 2,928,146,693 | ||||||||||||
Rights |
— | 325,670 | — | 325,670 | ||||||||||||
Warrants |
52,597 | 0 | — | 52,597 | ||||||||||||
Foreign Corporate Bond |
— | 44,465 | — | 44,465 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 51,749,518 | — | 51,749,518 | ||||||||||||
Total Investments in Securities |
$ | 4,258,704,981 | $ | 52,119,653 | $ | 0 | $ | 4,310,824,634 | ||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | 2,098 | $ | — | $ | 2,098 | ||||||||
Liabilities: |
||||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (7,964 | ) | $ | — | $ | (7,964 | ) | ||||||
Total – Net |
$ | 4,258,704,981 | $ | 52,113,787 | $ | 0 | $ | 4,310,818,768 |
* |
Security is being fair valued using significant unobservable inputs by the Pricing Committee. |
1 |
Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
WisdomTree Trust | 27 |
Schedule of Investments (unaudited)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2021
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.1% |
| |||||||
Brazil – 7.5% |
| |||||||
AES Brasil Energia S.A. |
535,734 | $ | 1,207,365 | |||||
Banco do Brasil S.A. |
1,039,491 | 5,513,276 | ||||||
Banco Santander Brasil S.A. |
633,461 | 4,111,934 | ||||||
CCR S.A. |
2,220,838 | 4,768,633 | ||||||
Centrais Eletricas Brasileiras S.A. |
631,120 | 4,460,429 | ||||||
CPFL Energia S.A. |
519,217 | 2,566,117 | ||||||
Cyrela Brazil Realty S.A. Empreendimentos e Participacoes |
507,025 | 1,674,916 | ||||||
Engie Brasil Energia S.A. |
525,216 | 3,610,746 | ||||||
Itausa S.A. |
872,114 | 1,807,001 | ||||||
Petrobras Distribuidora S.A. |
1,192,040 | 5,138,839 | ||||||
Porto Seguro S.A. |
84,573 | 767,674 | ||||||
Telefonica Brasil S.A. |
2,155 | 16,955 | ||||||
Transmissora Alianca de Energia Eletrica S.A. |
959,199 | 6,309,107 | ||||||
Vale S.A. |
7,303,298 | 102,186,393 | ||||||
|
|
|||||||
Total Brazil |
|
144,139,385 | ||||||
Chile – 0.9% |
| |||||||
AES Andes S.A. |
11,481,004 | 1,347,838 | ||||||
Banco de Chile |
53,711,019 | 4,946,545 | ||||||
Cencosud Shopping S.A. |
776,308 | 908,019 | ||||||
Enel Americas S.A. |
79,780,888 | 9,424,007 | ||||||
|
|
|||||||
Total Chile |
|
16,626,409 | ||||||
China – 20.2% |
| |||||||
Agile Group Holdings Ltd. |
4,238,000 | 3,963,266 | ||||||
Agricultural Bank of China Ltd., Class H |
30,034,000 | 10,339,722 | ||||||
Anhui Expressway Co., Ltd., Class A |
775,100 | 797,632 | ||||||
Anhui Hengyuan Coal Industry and Electricity Power Co., Ltd., Class A |
637,600 | 808,082 | ||||||
Asia Cement China Holdings Corp. |
851,000 | 674,490 | ||||||
BAIC Motor Corp., Ltd., Class H(a)(b) |
2,046,500 | 709,801 | ||||||
Bank of Beijing Co., Ltd., Class A |
4,449,749 | 3,002,237 | ||||||
Bank of Jiangsu Co., Ltd., Class A |
2,886,870 | 2,599,999 | ||||||
Bank of Shanghai Co., Ltd., Class A |
2,861,700 | 3,237,162 | ||||||
Baoshan Iron & Steel Co., Ltd., Class A |
3,228,020 | 4,345,887 | ||||||
Beijing Enterprises Holdings Ltd. |
700,000 | 2,801,025 | ||||||
Bestsun Energy Co., Ltd., Class A |
1,330,000 | 1,193,720 | ||||||
C&D International Investment Group Ltd.(b) |
528,000 | 1,010,604 | ||||||
Canny Elevator Co., Ltd., Class A |
366,507 | 443,519 | ||||||
Central China Real Estate Ltd.(b) |
2,302,000 | 443,565 | ||||||
China Aoyuan Group Ltd. |
362,000 | 191,122 | ||||||
China Cinda Asset Management Co., Ltd., Class H |
10,811,000 | 1,833,161 | ||||||
China Coal Energy Co., Ltd., Class H |
3,901,000 | 2,981,631 | ||||||
China Construction Bank Corp., Class H |
75,609,054 | 54,196,209 | ||||||
China Everbright Environment Group Ltd. |
4,830,000 | 3,648,256 | ||||||
China Fortune Land Development Co., Ltd., Class A* |
1,037,660 | 643,906 | ||||||
China Hongqiao Group Ltd. |
2,362,500 | 3,040,888 | ||||||
China Jinmao Holdings Group Ltd. |
6,974,000 | 2,508,424 | ||||||
China Life Insurance Co., Ltd., Class H |
4,617,000 | 7,579,693 | ||||||
China Lilang Ltd. |
1,191,000 | 693,060 | ||||||
China Merchants Shekou Industrial Zone Holdings Co., Ltd., Class A |
1,381,382 | 2,766,120 | ||||||
China Overseas Grand Oceans Group Ltd. |
2,419,000 | 1,482,228 | ||||||
China Overseas Land & Investment Ltd. |
4,489,500 | 10,230,868 | ||||||
China Pacific Insurance Group Co., Ltd., Class H |
2,263,400 | 6,730,901 | ||||||
China Power International Development Ltd. |
10,394,000 | 5,514,342 | ||||||
China Railway Group Ltd., Class H |
4,588,000 | 2,286,736 | ||||||
China Resources Cement Holdings Ltd. |
4,492,000 | 4,333,518 | ||||||
China Resources Power Holdings Co., Ltd.(b) |
2,742,000 | 7,907,600 | ||||||
China Sanjiang Fine Chemicals Co., Ltd. |
2,883,000 | 1,011,040 | ||||||
China SCE Group Holdings Ltd. |
2,641,000 | 926,173 | ||||||
China Suntien Green Energy Corp., Ltd., Class H(b) |
2,517,000 | 2,521,963 | ||||||
China Water Affairs Group Ltd. |
1,620,000 | 1,806,324 | ||||||
CIFI Holdings Group Co., Ltd. |
5,500,000 | 3,744,549 | ||||||
CITIC Telecom International Holdings Ltd. |
5,318,000 | 1,810,319 | ||||||
COFCO Joycome Foods Ltd.*(b) |
2,527,000 | 798,548 | ||||||
Country Garden Holdings Co., Ltd.(b) |
10,808,850 | 11,177,284 | ||||||
CPMC Holdings Ltd. |
1,435,000 | 753,939 | ||||||
Daqin Railway Co., Ltd., Class A |
2,908,601 | 2,817,614 | ||||||
Dexin China Holdings Co., Ltd.* |
2,055,000 | 736,507 | ||||||
Dongyue Group Ltd. |
1,932,000 | 4,824,633 | ||||||
Far East Horizon Ltd.(b) |
1,613,000 | 1,636,901 | ||||||
Fufeng Group Ltd.* |
2,343,000 | 830,696 | ||||||
Gemdale Corp., Class A |
1,250,909 | 2,168,037 | ||||||
Genertec Universal Medical Group Co., Ltd.(a) |
1,688,000 | 1,322,706 | ||||||
Greatview Aseptic Packaging Co., Ltd. |
2,462,000 | 917,164 | ||||||
Greenland Holdings Corp., Ltd., Class A |
1,135,440 | 825,819 | ||||||
Greenland Hong Kong Holdings Ltd. |
2,906,000 | 727,933 | ||||||
Guangdong Investment Ltd. |
3,258,000 | 4,252,122 | ||||||
Guangdong Shaoneng Group Co., Ltd., Class A |
241,400 | 218,906 | ||||||
Guangdong Tapai Group Co., Ltd., Class A |
422,700 | 729,340 | ||||||
Guizhou Panjiang Refined Coal Co., Ltd., Class A |
646,000 | 943,686 | ||||||
Hengan International Group Co., Ltd. |
825,500 | 4,421,952 | ||||||
Hexing Electrical Co., Ltd., Class A |
315,800 | 617,706 | ||||||
Hisense Home Appliances Group Co., Ltd., Class H |
453,000 | 491,136 | ||||||
Hopson Development Holdings Ltd. |
722,300 | 2,570,149 | ||||||
Huabao Flavours & Fragrances Co., Ltd., Class A |
47,100 | 314,430 | ||||||
Huafa Industrial Co., Ltd. Zhuhai, Class A |
1,415,075 | 1,256,939 | ||||||
Huaibei Mining Holdings Co., Ltd., Class A |
453,700 | 1,065,770 | ||||||
Huaneng Power International, Inc., Class H(b) |
4,194,000 | 2,257,373 | ||||||
Hunan Valin Steel Co., Ltd., Class A |
958,700 | 983,602 | ||||||
Huolinhe Opencut Coal Industry Corp. Ltd. of Inner Mongolia, Class A |
300,800 | 707,064 | ||||||
Industrial & Commercial Bank of China Ltd., Class H |
69,359,823 | 38,579,517 | ||||||
Industrial Bank Co., Ltd., Class A |
2,440,100 | 6,910,058 | ||||||
Inner Mongolia Junzheng Energy & Chemical Industry Group Co., Ltd., Class A |
1,151,000 | 1,018,813 | ||||||
Jiangsu Expressway Co., Ltd., Class H |
1,869,727 | 1,895,030 |
See Notes to Financial Statements.
28 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2021
Investments | Shares | Value | ||||||
Jingjin Environmental Protection Co., Ltd., Class A |
37,000 | $ | 187,916 | |||||
Jinke Properties Group Co., Ltd., Class A |
1,000,300 | 798,735 | ||||||
JNBY Design Ltd. |
375,500 | 653,115 | ||||||
Kunlun Energy Co., Ltd. |
5,498,000 | 5,734,845 | ||||||
KWG Group Holdings Ltd. |
3,544,000 | 3,464,490 | ||||||
LB Group Co., Ltd., Class A |
368,400 | 1,636,725 | ||||||
Lee & Man Paper Manufacturing Ltd. |
1,226,000 | 902,414 | ||||||
Lenovo Group Ltd.(b) |
11,340,000 | 12,192,687 | ||||||
Logan Group Co., Ltd. |
1,256,000 | 1,313,333 | ||||||
Lonking Holdings Ltd. |
4,881,000 | 1,473,457 | ||||||
Luxi Chemical Group Co., Ltd., Class A |
402,100 | 1,169,809 | ||||||
Midea Real Estate Holding Ltd.(a)(b) |
469,800 | 808,684 | ||||||
MYS Group Co., Ltd., Class A |
1,080,000 | 576,588 | ||||||
Nanjing Iron & Steel Co., Ltd., Class A |
1,399,700 | 862,067 | ||||||
New China Life Insurance Co., Ltd., Class H |
574,000 | 1,695,902 | ||||||
People’s Insurance Co. Group of China Ltd. (The), Class H |
7,005,000 | 2,177,632 | ||||||
Poly Developments & Holdings Group Co., Ltd., Class A |
3,313,200 | 7,193,302 | ||||||
Postal Savings Bank of China Co., Ltd., Class H(a) |
8,223,000 | 5,682,945 | ||||||
Powerlong Real Estate Holdings Ltd. |
1,967,000 | 1,478,159 | ||||||
Qingdao Port International Co., Ltd., Class H(a)(b) |
1,094,000 | 571,969 | ||||||
RiseSun Real Estate Development Co., Ltd., Class A |
1,094,800 | 816,591 | ||||||
SAIC Motor Corp., Ltd., Class A |
872,635 | 2,576,523 | ||||||
Seazen Group Ltd.* |
2,224,000 | 1,779,851 | ||||||
Seazen Holdings Co., Ltd., Class A |
390,300 | 2,251,632 | ||||||
Shaanxi Coal Industry Co., Ltd., Class A |
1,012,400 | 2,318,659 | ||||||
Shandong Buchang Pharmaceuticals Co., Ltd., Class A |
545,875 | 1,557,676 | ||||||
Shandong Publishing & Media Co., Ltd., Class A |
226,500 | 213,807 | ||||||
Shandong Yisheng Livestock & Poultry Breeding Co., Ltd., Class A |
182,700 | 309,299 | ||||||
Shanghai Industrial Holdings Ltd. |
935,000 | 1,402,863 | ||||||
Shanghai Pudong Development Bank Co., Ltd., Class A |
3,628,600 | 5,053,643 | ||||||
Shanghai Shimao Co., Ltd., Class A |
472,500 | 258,838 | ||||||
Shanghai Zijiang Enterprise Group Co., Ltd., Class A |
866,400 | 1,186,546 | ||||||
Shenzhen Expressway Co., Ltd., Class H |
1,454,000 | 1,441,925 | ||||||
Shenzhen International Holdings Ltd. |
3,567,036 | 4,591,305 | ||||||
Shenzhen Investment Ltd. |
4,742,000 | 1,193,929 | ||||||
Shenzhen Overseas Chinese Town Co., Ltd., Class A |
1,255,900 | 1,455,660 | ||||||
Shenzhen Tagen Group Co., Ltd., Class A |
827,900 | 712,321 | ||||||
Shimao Group Holdings Ltd. |
1,296,000 | 2,374,026 | ||||||
Shougang Fushan Resources Group Ltd. |
11,660,739 | 3,550,057 | ||||||
Sinoma International Engineering Co., Class A |
528,402 | 932,164 | ||||||
Sinopec Kantons Holdings Ltd. |
1,764,000 | 675,267 | ||||||
Sinotrans Ltd., Class H |
3,066,000 | 1,205,187 | ||||||
SITC International Holdings Co., Ltd. |
1,926,000 | 6,915,109 | ||||||
Sunflower Pharmaceutical Group Co., Ltd., Class A |
274,000 | 586,402 | ||||||
Times China Holdings Ltd. |
1,650,000 | 1,371,353 | ||||||
Uni-President China Holdings Ltd. |
1,784,000 | 1,698,142 | ||||||
Want Want China Holdings Ltd. |
7,171,000 | 5,425,702 | ||||||
Wasu Media Holding Co., Ltd., Class A |
311,100 | 361,545 | ||||||
Wens Foodstuffs Group Co., Ltd., Class A |
1,696,700 | 3,799,238 | ||||||
WH Group Ltd.(a) |
10,871,984 | 7,751,089 | ||||||
Xtep International Holdings Ltd.(b) |
1,545,694 | 2,164,267 | ||||||
Yuexiu Property Co., Ltd. |
1,894,600 | 1,781,515 | ||||||
Yutong Bus Co., Ltd., Class A |
888,000 | 1,556,918 | ||||||
Yuzhou Group Holdings Co., Ltd.(b) |
5,417,301 | 800,280 | ||||||
Zhejiang Hangmin Co., Ltd., Class A |
978,000 | 864,167 | ||||||
Zhejiang Hisoar Pharmaceutical Co., Ltd., Class A |
325,600 | 382,428 | ||||||
Zhejiang Medicine Co., Ltd., Class A |
249,100 | 632,180 | ||||||
Zhejiang Semir Garment Co., Ltd., Class A |
284,800 | 336,710 | ||||||
Zhongliang Holdings Group Co., Ltd.(b) |
1,723,500 | 890,017 | ||||||
|
|
|||||||
Total China |
|
391,280,721 | ||||||
Czech Republic – 0.8% |
| |||||||
CEZ AS |
414,159 | 13,494,562 | ||||||
O2 Czech Republic AS |
155,830 | 1,874,190 | ||||||
|
|
|||||||
Total Czech Republic |
|
15,368,752 | ||||||
Hong Kong – 0.1% |
| |||||||
Concord New Energy Group Ltd. |
10,670,000 | 1,343,233 | ||||||
Perfect Medical Health Management Ltd. |
1,880,000 | 1,432,101 | ||||||
|
|
|||||||
Total Hong Kong |
|
2,775,334 | ||||||
Hungary – 0.1% |
| |||||||
Magyar Telekom Telecommunications PLC |
846,354 | 1,156,420 | ||||||
India – 6.7% |
| |||||||
Engineers India Ltd. |
1,317,488 | 1,397,759 | ||||||
GAIL India Ltd. |
4,690,356 | 10,037,561 | ||||||
Hindustan Petroleum Corp., Ltd. |
1,542,404 | 6,233,824 | ||||||
Hindustan Zinc Ltd. |
740,571 | 3,108,847 | ||||||
Indiabulls Housing Finance Ltd. |
572,503 | 1,786,674 | ||||||
Indus Towers Ltd. |
1,640,490 | 6,822,529 | ||||||
ITC Ltd. |
5,912,279 | 18,809,534 | ||||||
NHPC Ltd. |
8,255,356 | 3,319,826 | ||||||
NIIT Ltd. |
390,853 | 1,960,386 | ||||||
NLC India Ltd. |
1,448,474 | 1,197,183 | ||||||
NMDC Ltd. |
2,208,715 | 4,255,111 | ||||||
Oil & Natural Gas Corp., Ltd. |
9,596,092 | 18,680,884 | ||||||
Oil India Ltd. |
2,033,588 | 7,128,619 | ||||||
Oracle Financial Services Software Ltd. |
63,569 | 3,901,750 | ||||||
Polyplex Corp. Ltd. |
66,246 | 1,541,568 | ||||||
Power Grid Corp. of India Ltd. |
11,528,147 | 29,493,047 | ||||||
REC Ltd. |
2,218,785 | 4,718,402 | ||||||
SJVN Ltd. |
3,094,887 | 1,173,703 | ||||||
Sonata Software Ltd. |
194,722 | 2,294,875 | ||||||
Welspun Corp., Ltd. |
676,095 | 1,319,354 | ||||||
|
|
|||||||
Total India |
|
129,181,436 |
See Notes to Financial Statements.
WisdomTree Trust | 29 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2021
Investments | Shares | Value | ||||||
Indonesia – 3.5% |
| |||||||
Astra International Tbk PT |
31,507,400 | $ | 12,107,647 | |||||
Bank Mandiri Persero Tbk PT |
22,749,700 | 9,775,417 | ||||||
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT |
9,802,925 | 931,492 | ||||||
Bank Rakyat Indonesia Persero Tbk PT |
52,608,900 | 14,151,564 | ||||||
Indocement Tunggal Prakarsa Tbk PT |
3,000,800 | 2,201,460 | ||||||
Telkom Indonesia Persero Tbk PT |
90,487,800 | 23,329,257 | ||||||
United Tractors Tbk PT |
3,092,100 | 5,617,090 | ||||||
|
|
|||||||
Total Indonesia |
|
68,113,927 | ||||||
Malaysia – 0.4% |
| |||||||
Aeon Co. M Bhd |
2,634,200 | 943,819 | ||||||
AMMB Holdings Bhd* |
2,209,100 | 1,677,998 | ||||||
Astro Malaysia Holdings Bhd |
7,639,400 | 1,879,513 | ||||||
Mah Sing Group Bhd |
3,458,100 | 582,339 | ||||||
Malakoff Corp. Bhd |
8,473,600 | 1,649,584 | ||||||
Uchi Technologies Bhd |
1,693,600 | 1,266,205 | ||||||
|
|
|||||||
Total Malaysia |
|
7,999,458 | ||||||
Mexico – 1.6% |
| |||||||
Alfa S.A.B. de C.V., Class A |
6,224,186 | 4,335,375 | ||||||
Alpek S.A.B. de C.V. |
1,204,654 | 1,377,367 | ||||||
Corp. Inmobiliaria Vesta S.A.B. de C.V. |
974,122 | 1,716,431 | ||||||
Grupo Mexico S.A.B. de C.V., Series B |
5,247,167 | 21,042,814 | ||||||
Macquarie Mexico Real Estate Management S.A. de C.V.(a) |
2,609,764 | 3,131,285 | ||||||
|
|
|||||||
Total Mexico |
|
31,603,272 | ||||||
Philippines – 0.9% |
| |||||||
Globe Telecom, Inc. |
74,435 | 4,354,323 | ||||||
LT Group, Inc. |
4,313,100 | 853,996 | ||||||
Manila Electric Co. |
501,600 | 2,930,343 | ||||||
PLDT, Inc. |
259,079 | 8,532,694 | ||||||
|
|
|||||||
Total Philippines |
|
16,671,356 | ||||||
Poland – 0.1% |
| |||||||
Asseco Poland S.A. |
114,260 | 2,520,409 | ||||||
Russia – 16.6% |
| |||||||
Magnit PJSC, GDR(c) |
698,538 | 11,770,365 | ||||||
Magnitogorsk Iron & Steel Works PJSC, GDR(c) |
307,619 | 3,783,714 | ||||||
MMC Norilsk Nickel PJSC, ADR |
2,209,546 | 66,131,712 | ||||||
Mobile TeleSystems PJSC, ADR |
1,529,368 | 14,743,108 | ||||||
Novolipetsk Steel PJSC, GDR |
348,431 | 10,362,338 | ||||||
PhosAgro PJSC, GDR(c) |
438,608 | 9,772,186 | ||||||
Rosneft Oil Co. PJSC, GDR(c) |
4,919,630 | 41,570,873 | ||||||
Sberbank of Russia PJSC, ADR |
7,466,120 | 140,512,378 | ||||||
Tatneft PJSC, ADR(b) |
522,575 | 22,899,237 | ||||||
|
|
|||||||
Total Russia |
|
321,545,911 | ||||||
Singapore – 0.1% |
| |||||||
IGG, Inc. |
976,000 | 918,998 | ||||||
South Africa – 3.8% |
| |||||||
AECI Ltd. |
256,996 | 1,813,064 | ||||||
African Rainbow Minerals Ltd.(b) |
340,973 | 4,297,234 | ||||||
AVI Ltd. |
965,229 | 5,488,557 | ||||||
Coronation Fund Managers Ltd. |
464,552 | 1,546,963 | ||||||
Equites Property Fund Ltd. |
1,631,518 | 2,237,170 | ||||||
Exxaro Resources Ltd.(b) |
821,536 | 8,793,083 | ||||||
JSE Ltd. |
144,068 | 1,000,672 | ||||||
Kumba Iron Ore Ltd. |
130,098 | 4,288,608 | ||||||
MultiChoice Group |
706,845 | 5,363,941 | ||||||
Oceana Group Ltd. |
200,053 | 884,781 | ||||||
PSG Group Ltd. |
338,528 | 1,664,626 | ||||||
Remgro Ltd. |
628,367 | 5,673,889 | ||||||
Sanlam Ltd. |
2,573,676 | 10,934,488 | ||||||
Vodacom Group Ltd. |
1,969,246 | 18,853,453 | ||||||
|
|
|||||||
Total South Africa |
|
72,840,529 | ||||||
South Korea – 4.7% |
| |||||||
BNK Financial Group, Inc. |
158,854 | 1,186,038 | ||||||
Daishin Securities Co., Ltd. |
67,994 | 1,188,746 | ||||||
DGB Financial Group, Inc. |
256,623 | 2,152,252 | ||||||
E1 Corp. |
16,966 | 849,733 | ||||||
Halla Holdings Corp. |
20,780 | 974,063 | ||||||
Hana Financial Group, Inc. |
424,095 | 16,619,939 | ||||||
Huchems Fine Chemical Corp. |
30,490 | 746,799 | ||||||
Hyosung Corp. |
23,400 | 2,302,449 | ||||||
iMarketKorea, Inc. |
69,363 | 694,216 | ||||||
Industrial Bank of Korea |
400,490 | 3,551,643 | ||||||
JB Financial Group Co., Ltd. |
261,178 | 1,969,864 | ||||||
KEPCO Plant Service & Engineering Co., Ltd. |
54,804 | 1,777,427 | ||||||
Koentec Co., Ltd.(b) |
54,301 | 412,761 | ||||||
Korea Asset In Trust Co., Ltd. |
162,170 | 624,574 | ||||||
Korea Real Estate Investment & Trust Co., Ltd. |
621,282 | 1,285,592 | ||||||
Korean Reinsurance Co. |
131,649 | 1,062,977 | ||||||
KT Corp., ADR(b) |
369,523 | 5,032,903 | ||||||
KT&G Corp. |
232,767 | 15,963,412 | ||||||
KUMHOE&C Co., Ltd. |
73,944 | 815,008 | ||||||
Macquarie Korea Infrastructure Fund |
1,145,015 | 12,378,541 | ||||||
Meritz Fire & Marine Insurance Co., Ltd. |
77,883 | 2,009,566 | ||||||
Meritz Securities Co., Ltd. |
368,208 | 1,539,383 | ||||||
NH Investment & Securities Co., Ltd. |
167,205 | 1,821,744 | ||||||
Orion Holdings Corp. |
66,289 | 929,390 | ||||||
Posco International Corp. |
98,226 | 1,982,771 | ||||||
Samsung Fire & Marine Insurance Co., Ltd. |
30,526 | 6,058,792 | ||||||
Samsung Securities Co., Ltd. |
68,863 | 2,785,927 | ||||||
SSANGYONG C&E Co., Ltd. |
300,959 | 2,023,339 | ||||||
Tailim Packaging Co., Ltd.* |
57,544 | 205,827 | ||||||
|
|
|||||||
Total South Korea |
|
90,945,676 | ||||||
Taiwan – 28.2% |
| |||||||
AcBel Polytech, Inc.(b) |
1,256,000 | 1,282,576 | ||||||
Arcadyan Technology Corp.(b) |
292,000 | 974,713 | ||||||
Asia Cement Corp.(b) |
7,966,000 | 13,038,158 | ||||||
Asustek Computer, Inc.(b) |
1,783,000 | 20,831,159 | ||||||
Capital Securities Corp.(b) |
4,072,000 | 2,221,583 | ||||||
Catcher Technology Co., Ltd.(b) |
1,354,000 | 8,140,378 | ||||||
Cathay Financial Holding Co., Ltd. |
7,898,000 | 16,413,711 | ||||||
Charoen Pokphand Enterprise |
558,000 | 1,604,271 |
See Notes to Financial Statements.
30 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2021
Investments | Shares | Value | ||||||
Chenbro Micom Co., Ltd.(b) |
171,000 | $ | 457,874 | |||||
Cheng Uei Precision Industry Co., Ltd.(b) |
996,000 | 1,360,270 | ||||||
Chicony Electronics Co., Ltd.(b) |
2,067,386 | 5,713,778 | ||||||
Chicony Power Technology Co., Ltd. |
375,000 | 901,814 | ||||||
China Development Financial Holding Corp. |
19,238,000 | 9,805,266 | ||||||
ChipMOS Technologies, Inc.(b) |
909,000 | 1,556,300 | ||||||
Chong Hong Construction Co., Ltd.(b) |
815,000 | 2,354,857 | ||||||
Cleanaway Co., Ltd.(b) |
261,000 | 1,756,519 | ||||||
Compal Electronics, Inc.(b) |
6,642,000 | 5,626,288 | ||||||
CTBC Financial Holding Co., Ltd. |
27,782,000 | 22,835,477 | ||||||
Eastern Media International Corp.(b) |
1,015,250 | 1,202,536 | ||||||
Elan Microelectronics Corp.(b) |
661,000 | 3,475,763 | ||||||
Far Eastern New Century Corp. |
6,624,000 | 7,097,015 | ||||||
Far EasTone Telecommunications Co., Ltd.(b) |
4,056,000 | 8,953,321 | ||||||
Farglory Land Development Co., Ltd. |
1,244,000 | 2,594,225 | ||||||
Feng Hsin Steel Co., Ltd.(b) |
1,224,000 | 3,431,180 | ||||||
First Financial Holding Co., Ltd. |
9,455,072 | 7,652,837 | ||||||
Formosa Chemicals & Fibre Corp.(b) |
6,863,000 | 20,667,458 | ||||||
Formosa Plastics Corp.(b) |
7,343,000 | 29,914,413 | ||||||
Fubon Financial Holding Co., Ltd. |
10,057,500 | 27,688,313 | ||||||
Fusheng Precision Co., Ltd. |
233,000 | 1,501,175 | ||||||
Getac Technology Corp.(b) |
955,000 | 1,772,168 | ||||||
Global Mixed Mode Technology, Inc. |
146,000 | 1,213,151 | ||||||
Great Wall Enterprise Co., Ltd. |
1,865,690 | 3,676,401 | ||||||
Greatek Electronics, Inc.(b) |
727,000 | 2,124,075 | ||||||
Holtek Semiconductor, Inc.(b) |
476,000 | 1,939,161 | ||||||
Holy Stone Enterprise Co., Ltd. |
272,000 | 1,132,499 | ||||||
Hon Hai Precision Industry Co., Ltd. |
20,322,000 | 76,589,078 | ||||||
Huaku Development Co., Ltd.(b) |
895,000 | 2,865,491 | ||||||
IBF Financial Holdings Co., Ltd. |
4,753,302 | 2,755,364 | ||||||
Inventec Corp.(b) |
5,041,000 | 4,668,179 | ||||||
ITE Technology, Inc.(b) |
287,000 | 1,024,982 | ||||||
King Yuan Electronics Co., Ltd.(b) |
2,766,000 | 4,065,530 | ||||||
Kung Long Batteries Industrial Co., Ltd. |
331,000 | 1,645,466 | ||||||
Kuo Yang Construction Co., Ltd.(b) |
675,715 | 637,867 | ||||||
Lite-On Technology Corp.(b) |
7,119,000 | 15,970,191 | ||||||
Mega Financial Holding Co., Ltd.(b) |
11,856,302 | 13,639,184 | ||||||
Merry Electronics Co., Ltd.(b) |
341,275 | 1,082,849 | ||||||
Mirle Automation Corp.(b) |
566,000 | 859,346 | ||||||
Nan Pao Resins Chemical Co., Ltd. |
154,000 | 762,800 | ||||||
Nantex Industry Co., Ltd.(b) |
453,000 | 1,486,126 | ||||||
Pegatron Corp.(b) |
6,741,000 | 16,211,016 | ||||||
Polytronics Technology Corp.(b) |
164,378 | 710,955 | ||||||
Pou Chen Corp. |
3,586,000 | 4,344,053 | ||||||
Powertech Technology, Inc. |
1,673,000 | 6,275,139 | ||||||
Primax Electronics Ltd.(b) |
1,268,000 | 2,334,789 | ||||||
Promate Electronic Co., Ltd. |
1,156,000 | 1,611,981 | ||||||
Quanta Computer, Inc.(b) |
6,417,990 | 17,853,026 | ||||||
Ruentex Industries Ltd.(b) |
1,022,600 | 4,698,150 | ||||||
Sampo Corp.(b) |
909,000 | 970,648 | ||||||
Sanyang Motor Co., Ltd. |
1,741,000 | 1,655,982 | ||||||
SCI Pharmtech, Inc.(b) |
164,400 | 477,377 | ||||||
Shanghai Commercial & Savings Bank Ltd. (The)(b) |
4,285,000 | 6,828,808 | ||||||
Shin Kong Financial Holding Co., Ltd.(b) |
9,795,776 | 3,273,404 | ||||||
Sinon Corp.(b) |
1,550,000 | 1,360,259 | ||||||
SinoPac Financial Holdings Co., Ltd. |
19,456,440 | 9,707,095 | ||||||
Sitronix Technology Corp.(b) |
198,000 | 1,734,068 | ||||||
Stark Technology, Inc. |
453,000 | 1,133,293 | ||||||
Supreme Electronics Co., Ltd. |
1,163,539 | 1,850,102 | ||||||
Synnex Technology International Corp. |
3,967,000 | 7,432,652 | ||||||
Systex Corp.(b) |
587,000 | 1,843,560 | ||||||
Taiwan Cement Corp.(b) |
13,121,135 | 24,018,876 | ||||||
Taiwan Cogeneration Corp. |
927,000 | 1,287,662 | ||||||
Taiwan Hon Chuan Enterprise Co., Ltd. |
858,000 | 2,183,457 | ||||||
Taiwan Mobile Co., Ltd.(b) |
3,333,253 | 11,832,477 | ||||||
Taiwan Navigation Co., Ltd.(b) |
1,555,000 | 2,500,458 | ||||||
Taiwan PCB Techvest Co., Ltd.(b) |
790,000 | 1,325,622 | ||||||
Taiwan Secom Co., Ltd. |
578,000 | 2,024,831 | ||||||
Taiyen Biotech Co., Ltd.*(b) |
713,000 | 859,884 | ||||||
Test Research, Inc.(b) |
582,000 | 1,165,650 | ||||||
Thinking Electronic Industrial Co., Ltd. |
181,000 | 1,078,444 | ||||||
Tong Yang Industry Co., Ltd.(b) |
721,000 | 878,590 | ||||||
Topco Scientific Co., Ltd.(b) |
404,435 | 1,996,009 | ||||||
Tripod Technology Corp. |
1,329,000 | 5,318,767 | ||||||
Tung Ho Steel Enterprise Corp.(b) |
2,044,000 | 3,015,323 | ||||||
TYC Brother Industrial Co., Ltd. |
758,000 | 542,779 | ||||||
U-Ming Marine Transport Corp.(b) |
1,185,000 | 2,917,787 | ||||||
United Integrated Services Co., Ltd.(b) |
464,000 | 2,947,829 | ||||||
Wistron Corp.(b) |
8,955,561 | 8,839,681 | ||||||
WPG Holdings Ltd. |
2,841,280 | 4,946,145 | ||||||
Yulon Nissan Motor Co., Ltd.(b) |
117,000 | 1,056,173 | ||||||
ZongTai Real Estate Development Co., Ltd.(b) |
669,000 | 922,080 | ||||||
|
|
|||||||
Total Taiwan |
|
544,928,017 | ||||||
Thailand – 2.4% |
| |||||||
Bangkok Commercial Asset Management PCL, NVDR(b) |
1,582,200 | 860,425 | ||||||
Bangkok Land PCL, NVDR |
28,905,500 | 922,652 | ||||||
Gunkul Engineering PCL, NVDR(b) |
12,787,700 | 1,836,803 | ||||||
Intouch Holdings PCL, NVDR |
2,041,000 | 4,855,933 | ||||||
Jay Mart PCL, NVDR(b) |
1,104,300 | 1,289,193 | ||||||
MC Group PCL, NVDR(b) |
1,478,000 | 404,064 | ||||||
MCS Steel PCL, NVDR |
1,449,100 | 616,729 | ||||||
Origin Property PCL, NVDR |
717,700 | 212,118 | ||||||
Pruksa Holding PCL, NVDR |
3,485,000 | 1,338,998 | ||||||
PTT Exploration & Production PCL, NVDR |
2,679,400 | 9,304,847 | ||||||
Quality Houses PCL, NVDR |
16,075,500 | 1,035,750 | ||||||
Ratch Group PCL, NVDR(b) |
388,300 | 519,302 | ||||||
SC Asset Corp. PCL, NVDR |
14,091,800 | 1,341,084 | ||||||
Siam Commercial Bank PCL (The), NVDR |
1,861,700 | 6,712,794 | ||||||
Siam Future Development PCL, NVDR |
4,556,800 | 1,602,658 | ||||||
SPCG PCL, NVDR |
1,897,100 | 969,996 | ||||||
Srisawad Finance PCL, NVDR |
211,000 | 204,234 | ||||||
Supalai PCL, NVDR |
2,071,100 | 1,224,235 | ||||||
Thai Vegetable Oil PCL, NVDR(b) |
1,086,697 | 1,003,673 | ||||||
Thaifoods Group PCL, NVDR(b) |
2,905,600 | 384,723 | ||||||
Thanachart Capital PCL, NVDR |
959,600 | 964,280 | ||||||
Tipco Asphalt PCL, NVDR(b) |
1,614,100 | 877,773 |
See Notes to Financial Statements.
WisdomTree Trust | 31 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2021
Investments | Shares | Value | ||||||
Tisco Financial Group PCL, NVDR |
974,900 | $ | 2,643,626 | |||||
TPI Polene Power PCL, NVDR(b) |
12,579,000 | 1,576,325 | ||||||
TTW PCL, NVDR(b) |
4,368,977 | 1,523,686 | ||||||
Vinythai PCL, NVDR |
1,034,000 | 1,146,003 | ||||||
WHA Corp. PCL, NVDR |
13,143,000 | 1,211,945 | ||||||
WHA Utilities and Power PCL, NVDR(b) |
4,351,100 | 542,682 | ||||||
|
|
|||||||
Total Thailand |
|
47,126,531 | ||||||
Turkey – 0.5% |
| |||||||
Aksa Akrilik Kimya Sanayii AS |
708,962 | 1,629,513 | ||||||
Enerjisa Enerji AS(a) |
1,032,624 | 1,211,126 | ||||||
Ford Otomotiv Sanayi AS |
183,111 | 3,444,055 | ||||||
TAV Havalimanlari Holding AS* |
559,569 | 1,655,230 | ||||||
Tofas Turk Otomobil Fabrikasi AS |
378,554 | 2,215,697 | ||||||
|
|
|||||||
Total Turkey |
|
10,155,621 | ||||||
TOTAL
COMMON STOCKS (Cost: $1,580,523,518) |
|
1,915,898,162 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.4% |
| |||||||
United States – 0.4% |
| |||||||
State
Street Navigator Securities Lending |
|
|||||||
(Cost: $8,119,942) | 8,119,942 | 8,119,942 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 99.5% (Cost: $1,588,643,460) |
|
1,924,018,104 | ||||||
Other Assets less Liabilities – 0.5% |
|
9,777,635 | ||||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 1,933,795,739 |
* |
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, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $240,174,206. The Fund also had securities on loan having a total market value of $129,437 that were sold and pending settlement. The total market value of the collateral held by the Fund was $261,017,005. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $252,897,063. |
(c) |
This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. |
(d) |
Rate shown represents annualized 7-day yield as of September 30, 2021. |
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, 2021 were as follows:
Affiliate | Value at 3/31/2021 |
Purchases/ Additions |
Sales/ Reductions |
Realized Gain/(Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Value at 9/30/2021 |
Dividend Income |
|||||||||||||||||||||
WisdomTree Global High Dividend Fund^ |
$ | 1,640,275 | $ | 3,094,199 | $ | 4,606,465 | $ | (87,759 | ) | $ | (40,250 | ) | $ | — | $ | 39,150 |
^ |
As of September 30, 2021, the Fund did not hold a position in this affiliate. |
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 N.A. |
10/4/2021 | 3,719,870 | USD | 103,672,767 | TWD | $ | — | $ | (1,268 | ) | ||||||||||||||||||
Bank of America N.A. |
10/6/2021 | 586,599 | USD | 694,826,317 | KRW | — | (248 | ) | ||||||||||||||||||||
Bank of America N.A. |
10/8/2021 | 531,955 | USD | 3,434,992 | CNY | 400 | — | |||||||||||||||||||||
Merrill Lynch International |
10/4/2021 | 1,000,449 | USD | 5,454,248 | BRL | — | (533 | ) | ||||||||||||||||||||
Merrill Lynch International |
10/4/2021 | 54,783 | USD | 229,405 | MYR | — | (13 | ) | ||||||||||||||||||||
$ | 400 | $ | (2,062 | ) |
See Notes to Financial Statements.
32 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2021
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 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 |
||||||||||||||||
China |
$ | 390,636,815 | $ | 643,906 | $ | — | $ | 391,280,721 | ||||||||
Other |
1,524,617,441 | — | — | 1,524,617,441 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 8,119,942 | — | 8,119,942 | ||||||||||||
Total Investments in Securities |
$ | 1,915,254,256 | $ | 8,763,848 | $ | — | $ | 1,924,018,104 | ||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | 400 | $ | — | $ | 400 | ||||||||
Liabilities: |
||||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (2,062 | ) | $ | — | $ | (2,062 | ) | ||||||
Total – Net |
$ | 1,915,254,256 | $ | 8,762,186 | $ | — | $ | 1,924,016,442 |
1 |
Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
WisdomTree Trust | 33 |
Schedule of Investments (unaudited)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
September 30, 2021
Investments | Shares | Value | ||||||
COMMON STOCKS – 100.0% |
| |||||||
Brazil – 2.8% |
| |||||||
Banco Bradesco S.A., Preference Shares |
9,000 | $ | 34,405 | |||||
Braskem S.A., Class A, Preference Shares* |
1,400 | 15,247 | ||||||
Cia Energetica de Minas Gerais, Preference Shares |
1,700 | 4,377 | ||||||
Cia Paranaense de Energia, Class A, Preference Shares |
4,100 | 5,478 | ||||||
Cia Siderurgica Nacional S.A. |
2,000 | 10,545 | ||||||
Gerdau S.A., Preference Shares |
3,500 | 17,407 | ||||||
JBS S.A. |
900 | 6,123 | ||||||
Petrobras Distribuidora S.A. |
4,100 | 17,675 | ||||||
Petroleo Brasileiro S.A., Preference Shares |
1,200 | 5,997 | ||||||
Suzano S.A.* |
1,900 | 19,011 | ||||||
Vale S.A. |
200 | 2,798 | ||||||
|
|
|||||||
Total Brazil |
|
139,063 | ||||||
Chile – 0.6% |
| |||||||
Banco Santander Chile |
509,669 | 25,496 | ||||||
Cia Cervecerias Unidas S.A. |
462 | 4,107 | ||||||
|
|
|||||||
Total Chile |
|
29,603 | ||||||
China – 30.8% |
| |||||||
Agricultural Bank of China Ltd., Class H |
85,000 | 29,263 | ||||||
Alibaba Group Holding Ltd.* |
4,100 | 74,893 | ||||||
Bank of China Ltd., Class H |
89,000 | 31,554 | ||||||
Bank of Shanghai Co., Ltd., Class A |
12,800 | 14,479 | ||||||
By-health Co., Ltd., Class A |
1,200 | 5,244 | ||||||
China Bohai Bank Co., Ltd., Class H(a) |
34,500 | 13,473 | ||||||
China Construction Bank Corp., Class H |
39,000 | 27,955 | ||||||
China Hongqiao Group Ltd. |
46,000 | 59,209 | ||||||
China Meidong Auto Holdings Ltd. |
10,000 | 50,227 | ||||||
China Power International Development Ltd. |
60,000 | 31,832 | ||||||
China Railway Group Ltd., Class H |
43,000 | 21,432 | ||||||
China Resources Gas Group Ltd. |
4,000 | 21,016 | ||||||
China Resources Power Holdings Co., Ltd.(b) |
16,000 | 46,142 | ||||||
China Resources Sanjiu Medical & Pharmaceutical Co., Ltd., Class A |
1,400 | 6,127 | ||||||
China South Publishing & Media Group Co., Ltd., Class A |
3,600 | 4,991 | ||||||
China Tourism Group Duty Free Corp., Ltd., Class A |
400 | 16,094 | ||||||
CITIC Ltd. |
18,000 | 19,192 | ||||||
COSCO Shipping Holdings Co., Ltd., Class H* |
4,400 | 6,749 | ||||||
Dali Foods Group Co., Ltd.(a) |
39,000 | 23,546 | ||||||
Daqo New Energy Corp., ADR* |
998 | 56,886 | ||||||
FAW Jiefang Group Co., Ltd., Class A* |
3,100 | 5,157 | ||||||
Haitian International Holdings Ltd. |
12,000 | 37,073 | ||||||
Haitong Securities Co., Ltd., Class H |
41,200 | 37,735 | ||||||
Huaneng Power International, Inc., Class H(b) |
40,000 | 21,530 | ||||||
Industrial & Commercial Bank of China Ltd., Class H |
49,000 | 27,255 | ||||||
Jiangsu Expressway Co., Ltd., Class H |
24,000 | 24,325 | ||||||
Jiangsu Yuyue Medical Equipment & Supply Co., Ltd., Class A |
2,900 | 14,545 | ||||||
Jointown Pharmaceutical Group Co., Ltd., Class A |
6,800 | 16,289 | ||||||
Kingboard Holdings Ltd. |
13,000 | 58,866 | ||||||
PetroChina Co., Ltd., Class H |
86,000 | 40,765 | ||||||
PICC Property & Casualty Co., Ltd., Class H |
42,000 | 40,734 | ||||||
Power Construction Corp. of China Ltd., Class A |
4,200 | 5,505 | ||||||
Powerlong Real Estate Holdings Ltd. |
28,000 | 21,041 | ||||||
SDIC Power Holdings Co., Ltd., Class A |
7,700 | 14,370 | ||||||
Shandong Buchang Pharmaceuticals Co., Ltd., Class A |
5,200 | 14,838 | ||||||
Shanghai Pharmaceuticals Holding Co., Ltd., Class H |
11,500 | 22,336 | ||||||
Shanghai Yuyuan Tourist Mart Group Co., Ltd., Class A |
7,100 | 11,218 | ||||||
Shanxi Taigang Stainless Steel Co., Ltd., Class A |
3,000 | 4,508 | ||||||
Shenergy Co., Ltd., Class A |
12,200 | 14,952 | ||||||
Shenzhen International Holdings Ltd. |
18,429 | 23,721 | ||||||
Shenzhen Investment Ltd. |
46,000 | 11,582 | ||||||
Shenzhen Overseas Chinese Town Co., Ltd., Class A |
4,700 | 5,448 | ||||||
Sichuan Road & Bridge Co., Ltd., Class A |
4,600 | 6,008 | ||||||
Sinopharm Group Co., Ltd., Class H |
6,800 | 17,732 | ||||||
Sinotrans Ltd., Class A |
5,700 | 4,816 | ||||||
Suzhou Gold Mantis Construction Decoration Co., Ltd., Class A |
11,600 | 11,327 | ||||||
Tencent Holdings Ltd. |
1,400 | 82,979 | ||||||
Tonghua Dongbao Pharmaceutical Co., Ltd., Class A |
9,700 | 15,791 | ||||||
Topsports International Holdings Ltd.(a) |
29,000 | 33,155 | ||||||
Vipshop Holdings Ltd., ADR* |
5,528 | 61,582 | ||||||
Want Want China Holdings Ltd. |
77,000 | 58,259 | ||||||
Wuchan Zhongda Group Co., Ltd., Class A |
12,500 | 12,534 | ||||||
Wuhu Sanqi Interactive Entertainment Network Technology Group Co., Ltd., Class A |
3,400 | 11,044 | ||||||
Yuexiu Property Co., Ltd. |
12,000 | 11,284 | ||||||
Yum China Holdings, Inc. |
1,629 | 94,661 | ||||||
Zhefu Holding Group Co., Ltd., Class A* |
9,900 | 11,582 | ||||||
Zhongsheng Group Holdings Ltd. |
11,000 | 88,597 | ||||||
|
|
|||||||
Total China |
|
1,555,448 | ||||||
Hong Kong – 0.3% |
| |||||||
Perennial Energy Holdings Ltd. |
75,000 | 15,897 | ||||||
Hungary – 0.4% |
| |||||||
Richter Gedeon Nyrt |
806 | 22,065 | ||||||
India – 14.1% |
| |||||||
ACC Ltd. |
122 | 3,705 | ||||||
Adani Total Gas Ltd. |
759 | 14,552 | ||||||
Ambuja Cements Ltd. |
561 | 3,025 | ||||||
Aurobindo Pharma Ltd. |
1,393 | 13,602 | ||||||
Balkrishna Industries Ltd. |
140 | 4,779 | ||||||
Britannia Industries Ltd. |
388 | 20,642 | ||||||
Cipla Ltd. |
1,679 | 22,248 | ||||||
Coal India Ltd. |
13,285 | 33,129 | ||||||
Colgate-Palmolive India Ltd. |
830 | 18,668 | ||||||
Dr. Reddy’s Laboratories Ltd. |
292 | 19,200 | ||||||
GAIL India Ltd. |
3,398 | 7,272 | ||||||
Grasim Industries Ltd. |
1,007 | 22,648 | ||||||
HCL Technologies Ltd. |
3,295 | 56,800 | ||||||
Hindustan Petroleum Corp., Ltd. |
7,263 | 29,354 | ||||||
Indian Oil Corp., Ltd. |
20,046 | 33,839 |
See Notes to Financial Statements.
34 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
September 30, 2021
Investments | Shares | Value | ||||||
Indus Towers Ltd. |
1,661 | $ | 6,908 | |||||
Infosys Ltd. |
2,260 | 51,005 | ||||||
Ipca Laboratories Ltd. |
663 | 21,538 | ||||||
ITC Ltd. |
1,877 | 5,972 | ||||||
Jubilant Foodworks Ltd. |
87 | 4,736 | ||||||
Lupin Ltd. |
1,093 | 14,012 | ||||||
Marico Ltd. |
2,760 | 20,358 | ||||||
MRF Ltd. |
17 | 18,179 | ||||||
Petronet LNG Ltd. |
9,465 | 30,418 | ||||||
Power Grid Corp. of India Ltd. |
4,148 | 10,612 | ||||||
Shriram Transport Finance Co., Ltd. |
286 | 5,004 | ||||||
Sun Pharmaceutical Industries Ltd. |
2,324 | 25,619 | ||||||
Tata Consultancy Services Ltd. |
961 | 48,881 | ||||||
Tata Steel Ltd. |
179 | 3,108 | ||||||
Tech Mahindra Ltd. |
2,842 | 52,860 | ||||||
Torrent Pharmaceuticals Ltd. |
568 | 23,611 | ||||||
Vedanta Ltd. |
4,246 | 16,454 | ||||||
Wipro Ltd. |
5,973 | 51,025 | ||||||
|
|
|||||||
Total India |
|
713,763 | ||||||
Indonesia – 0.3% |
| |||||||
Indofood Sukses Makmur Tbk PT |
34,200 | 15,173 | ||||||
Malaysia – 2.3% |
| |||||||
Hartalega Holdings Bhd |
3,400 | 4,995 | ||||||
Hong Leong Financial Group Bhd |
4,400 | 19,233 | ||||||
IHH Healthcare Bhd |
4,200 | 6,722 | ||||||
Kossan Rubber Industries |
7,500 | 4,138 | ||||||
Kuala Lumpur Kepong Bhd |
1,100 | 5,287 | ||||||
Nestle Malaysia Bhd |
500 | 15,896 | ||||||
Petronas Gas Bhd |
3,200 | 12,857 | ||||||
Sime Darby Bhd |
13,700 | 7,428 | ||||||
Supermax Corp. Bhd |
7,000 | 3,996 | ||||||
Telekom Malaysia Bhd |
13,100 | 17,836 | ||||||
Westports Holdings Bhd |
17,100 | 18,380 | ||||||
|
|
|||||||
Total Malaysia |
|
116,768 | ||||||
Mexico – 3.1% |
| |||||||
America Movil S.A.B. de C.V., Series L |
46,300 | 41,151 | ||||||
Arca Continental S.A.B. de C.V. |
3,200 | 19,607 | ||||||
Coca-Cola Femsa S.A.B. de C.V. |
800 | 4,529 | ||||||
Gruma S.A.B. de C.V., Class B |
1,520 | 17,483 | ||||||
Grupo Bimbo S.A.B. de C.V., Series A |
6,600 | 18,646 | ||||||
Grupo Mexico S.A.B. de C.V., Series B |
3,200 | 12,833 | ||||||
Grupo Televisa S.A.B., Series CPO |
2,100 | 4,653 | ||||||
Kimberly-Clark de Mexico S.A.B. de C.V., Class A |
8,900 | 14,725 | ||||||
Megacable Holdings S.A.B. de C.V., Series CPO |
4,800 | 14,743 | ||||||
Orbia Advance Corp. S.A.B. de C.V. |
4,000 | 10,301 | ||||||
|
|
|||||||
Total Mexico |
|
158,671 | ||||||
Philippines – 2.9% |
| |||||||
BDO Unibank, Inc. |
9,420 | 20,425 | ||||||
Globe Telecom, Inc. |
460 | 26,909 | ||||||
International Container Terminal Services, Inc. |
7,480 | 28,594 | ||||||
Jollibee Foods Corp. |
1,300 | 5,224 | ||||||
Manila Electric Co. |
3,610 | 21,090 | ||||||
PLDT, Inc. |
1,280 | 42,156 | ||||||
|
|
|||||||
Total Philippines |
|
144,398 | ||||||
Poland – 2.5% |
| |||||||
Cyfrowy Polsat S.A. |
4,816 | 43,149 | ||||||
Dino Polska S.A.*(a) |
221 | 18,487 | ||||||
Polski Koncern Naftowy Orlen S.A. |
1,385 | 28,605 | ||||||
Polskie Gornictwo Naftowe i Gazownictwo S.A. |
20,413 | 33,226 | ||||||
|
|
|||||||
Total Poland |
|
123,467 | ||||||
Russia – 4.9% |
| |||||||
Lukoil PJSC, ADR |
134 | 12,840 | ||||||
Magnit PJSC, GDR(c) |
286 | 4,819 | ||||||
MMC Norilsk Nickel PJSC, ADR |
395 | 11,822 | ||||||
Mobile TeleSystems PJSC, ADR |
3,896 | 37,557 | ||||||
Novolipetsk Steel PJSC, GDR |
697 | 20,729 | ||||||
PhosAgro PJSC, GDR(c) |
1,300 | 28,964 | ||||||
Rosneft Oil Co. PJSC, GDR(c) |
3,970 | 33,546 | ||||||
Sberbank of Russia PJSC, ADR |
1,602 | 30,150 | ||||||
Severstal PAO, GDR(c) |
1,114 | 23,461 | ||||||
VTB Bank PJSC, GDR*(c) |
21,114 | 29,180 | ||||||
X5 Retail Group N.V., GDR(c) |
461 | 14,969 | ||||||
|
|
|||||||
Total Russia |
|
248,037 | ||||||
South Africa – 4.6% |
| |||||||
African Rainbow Minerals Ltd. |
815 | 10,271 | ||||||
Anglo American Platinum Ltd. |
103 | 8,930 | ||||||
AngloGold Ashanti Ltd. |
548 | 8,659 | ||||||
Aspen Pharmacare Holdings Ltd. |
1,181 | 21,267 | ||||||
Gold Fields Ltd. |
1,225 | 10,038 | ||||||
Impala Platinum Holdings Ltd. |
654 | 7,462 | ||||||
Kumba Iron Ore Ltd. |
425 | 14,010 | ||||||
Mr. Price Group Ltd. |
1,016 | 13,589 | ||||||
MTN Group Ltd.* |
1,092 | 10,260 | ||||||
MultiChoice Group |
3,537 | 26,841 | ||||||
Sasol Ltd.* |
334 | 6,337 | ||||||
Shoprite Holdings Ltd. |
1,216 | 14,447 | ||||||
SPAR Group Ltd. (The) |
1,261 | 16,463 | ||||||
Tiger Brands Ltd. |
887 | 11,041 | ||||||
Vodacom Group Ltd. |
3,848 | 36,841 | ||||||
Woolworths Holdings Ltd. |
4,024 | 15,796 | ||||||
|
|
|||||||
Total South Africa |
|
232,252 | ||||||
South Korea – 10.8% |
| |||||||
Cheil Worldwide, Inc. |
1,306 | 25,149 | ||||||
Coway Co., Ltd. |
442 | 27,700 | ||||||
DB Insurance Co., Ltd. |
866 | 46,518 | ||||||
Fila Holdings Corp. |
543 | 19,560 | ||||||
Hankook Tire & Technology Co., Ltd. |
536 | 19,579 | ||||||
HMM Co., Ltd.* |
140 | 3,985 | ||||||
Industrial Bank of Korea |
4,383 | 38,870 | ||||||
Kia Corp. |
295 | 20,231 | ||||||
Korea Investment Holdings Co., Ltd. |
688 | 50,147 | ||||||
KT&G Corp. |
374 | 25,649 | ||||||
Kumho Petrochemical Co., Ltd. |
122 | 19,475 | ||||||
Meritz Securities Co., Ltd. |
5,620 | 23,496 |
See Notes to Financial Statements.
WisdomTree Trust | 35 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
September 30, 2021
Investments | Shares | Value | ||||||
NH Investment & Securities Co., Ltd. |
2,684 | $ | 29,243 | |||||
POSCO |
89 | 24,806 | ||||||
Samsung Electronics Co., Ltd. |
1,405 | 87,931 | ||||||
Samsung Engineering Co., Ltd.* |
1,135 | 24,493 | ||||||
Samsung Securities Co., Ltd. |
1,066 | 43,126 | ||||||
Seegene, Inc. |
339 | 17,379 | ||||||
|
|
|||||||
Total South Korea |
|
547,337 | ||||||
Taiwan – 17.1% |
| |||||||
Acer, Inc. |
15,000 | 13,325 | ||||||
ASE Technology Holding Co., Ltd. |
3,000 | 11,737 | ||||||
Asia Cement Corp. |
11,000 | 18,004 | ||||||
Asustek Computer, Inc. |
2,000 | 23,366 | ||||||
AU Optronics Corp. |
8,000 | 5,068 | ||||||
Cathay Financial Holding Co., Ltd. |
47,000 | 97,676 | ||||||
Cheng Shin Rubber Industry Co., Ltd. |
9,000 | 11,468 | ||||||
China Development Financial Holding Corp. |
210,000 | 107,033 | ||||||
China Life Insurance Co., Ltd. |
34,480 | 35,890 | ||||||
Compal Electronics, Inc. |
25,000 | 21,177 | ||||||
Evergreen Marine Corp. Taiwan Ltd. |
2,000 | 9,045 | ||||||
Innolux Corp. |
11,000 | 6,712 | ||||||
Inventec Corp. |
21,000 | 19,447 | ||||||
Lite-On Technology Corp. |
10,000 | 22,433 | ||||||
Micro-Star International Co., Ltd. |
2,000 | 9,296 | ||||||
Nan Ya Printed Circuit Board Corp. |
1,000 | 15,614 | ||||||
Novatek Microelectronics Corp. |
1,000 | 14,716 | ||||||
Pegatron Corp. |
8,000 | 19,239 | ||||||
Phison Electronics Corp. |
1,000 | 13,532 | ||||||
Powertech Technology, Inc. |
4,000 | 15,003 | ||||||
Quanta Computer, Inc. |
5,000 | 13,909 | ||||||
Realtek Semiconductor Corp. |
1,000 | 17,785 | ||||||
Ruentex Development Co., Ltd. |
16,800 | 34,613 | ||||||
Synnex Technology International Corp. |
11,000 | 20,610 | ||||||
Taiwan Cement Corp. |
10,285 | 18,827 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. |
9,000 | 187,362 | ||||||
United Microelectronics Corp. |
5,000 | 11,486 | ||||||
Vanguard International Semiconductor Corp. |
2,000 | 10,876 | ||||||
Wan Hai Lines Ltd. |
2,200 | 16,069 | ||||||
Winbond Electronics Corp. |
4,000 | 3,805 | ||||||
Wistron Corp. |
17,000 | 16,780 | ||||||
WPG Holdings Ltd. |
10,000 | 17,408 | ||||||
Yang Ming Marine Transport Corp.* |
1,000 | 4,289 | ||||||
|
|
|||||||
Total Taiwan |
|
863,600 | ||||||
Thailand – 0.6% |
| |||||||
Sri Trang Gloves Thailand PCL, NVDR |
10,400 | 9,605 | ||||||
Srisawad Corp. PCL, NVDR |
11,500 | 21,413 | ||||||
|
|
|||||||
Total Thailand |
|
31,018 | ||||||
Turkey – 1.9% |
| |||||||
BIM Birlesik Magazalar AS |
3,092 | 22,239 | ||||||
Eregli Demir ve Celik Fabrikalari T.A.S. |
6,057 | 11,351 | ||||||
Ford Otomotiv Sanayi AS |
977 | 18,376 | ||||||
Turkcell Iletisim Hizmetleri AS |
19,868 | 34,283 | ||||||
Turkiye Sise ve Cam Fabrikalari AS |
9,922 | 9,147 | ||||||
|
|
|||||||
Total Turkey | 95,396 | |||||||
TOTAL COMMON
STOCKS (Cost: $4,631,322) |
5,051,956 | |||||||
Principal Amount |
||||||||
FOREIGN CORPORATE BOND – 0.0% | ||||||||
India – 0.0% | ||||||||
Britannia
Industries Ltd. |
||||||||
(Cost: $124) | 9,164 | INR | 124 | |||||
TOTAL INVESTMENTS IN SECURITIES – 100.0% (Cost: $4,631,446) |
5,052,080 | |||||||
Other Assets less Liabilities – 0.0% |
2,437 | |||||||
|
|
|||||||
NET ASSETS – 100.0% | $ | 5,054,517 |
* |
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, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $64,288 and the total market value of the collateral held by the Fund was $67,635, which was entirely composed of non-cash U.S. Government securities. |
(c) |
This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. |
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, 2021 were as follows:
Affiliate | Value at 3/31/2021 |
Purchases/ Additions |
Sales/ Reductions |
Realized Gain/(Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Value at 9/30/2021 |
Dividend Income |
|||||||||||||||||||||
WisdomTree Emerging Markets Multifactor Fund^ |
$ | — | $ | 24,092 | $ | 23,368 | $ | (724 | ) | $ | — | $ | — | $ | 291 |
^ |
As of September 30, 2021, the Fund did not hold a position in this affiliate. |
See Notes to Financial Statements.
36 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
September 30, 2021
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 N.A. |
10/6/2021 | 367,060 | CLP | 465 | USD | $ | — | $ | (13 | ) | ||||||||||||||||||
Citibank N.A. |
10/6/2021 | 30,470 | USD | 24,060,634 | CLP | 851 | — | |||||||||||||||||||||
Citibank N.A. |
10/7/2021 | 10,150,470 | KRW | 8,598 | USD | — | (26 | ) | ||||||||||||||||||||
Citibank N.A. |
10/7/2021 | 565,844 | USD | 667,718,426 | KRW | 1,921 | — | |||||||||||||||||||||
$ | 2,772 | $ | (39 | ) |
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 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 |
||||||||||||||||
China |
$ | 1,549,440 | $ | 6,008 | $ | — | $ | 1,555,448 | ||||||||
Other |
3,496,508 | — | — | 3,496,508 | ||||||||||||
Foreign Corporate Bond |
— | 124 | — | 124 | ||||||||||||
Total Investments in Securities |
$ | 5,045,948 | $ | 6,132 | $ | — | $ | 5,052,080 | ||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | 2,772 | $ | — | $ | 2,772 | ||||||||
Liabilities: |
||||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (39 | ) | $ | — | $ | (39 | ) | ||||||
Total – Net |
$ | 5,045,948 | $ | 8,865 | $ | — | $ | 5,054,813 |
1 |
Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
WisdomTree Trust | 37 |
Schedule of Investments (unaudited)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
September 30, 2021
Investments | Shares | Value | ||||||||||
COMMON STOCKS – 100.7% |
| |||||||||||
Brazil – 4.1% |
| |||||||||||
B3 S.A.—Brasil Bolsa Balcao |
117,938 | $ | 275,749 | |||||||||
Banco Bradesco S.A. |
68,606 | 224,872 | ||||||||||
Banco Bradesco S.A., Preference Shares |
94,583 | 361,571 | ||||||||||
Banco do Brasil S.A. |
40,094 | 212,651 | ||||||||||
Banco Santander Brasil S.A. |
29,794 | 193,399 | ||||||||||
Cia de Saneamento Basico do Estado de Sao Paulo |
25,774 | 182,441 | ||||||||||
Cia Paranaense de Energia, Class A, Preference Shares |
120,996 | 161,657 | ||||||||||
CPFL Energia S.A. |
32,394 | 160,100 | ||||||||||
Equatorial Energia S.A. |
59,633 | 277,432 | ||||||||||
Itausa S.A., Preference Shares |
148,457 | 303,513 | ||||||||||
Lojas Americanas S.A., Preference Shares |
47,892 | 42,364 | ||||||||||
Lojas Renner S.A. |
28,352 | 179,096 | ||||||||||
Petrobras Distribuidora S.A. |
44,550 | 192,053 | ||||||||||
Porto Seguro S.A. |
20,254 | 183,847 | ||||||||||
Raia Drogasil S.A. |
37,592 | 161,230 | ||||||||||
Telefonica Brasil S.A. |
21,463 | 168,863 | ||||||||||
TIM S.A. |
115,022 | 248,033 | ||||||||||
WEG S.A. |
41,057 | 298,609 | ||||||||||
|
|
|||||||||||
Total Brazil | 3,827,480 | |||||||||||
Chile – 0.5% | ||||||||||||
Embotelladora Andina S.A., Class B, Preference Shares |
65,258 | 140,616 | ||||||||||
Empresa Nacional de Telecomunicaciones S.A. |
32,345 | 133,028 | ||||||||||
Enel Americas S.A. |
1,496,299 | 176,748 | ||||||||||
|
|
|||||||||||
Total Chile | 450,392 | |||||||||||
China – 29.7% | ||||||||||||
Anhui Conch Cement Co., Ltd., Class A |
39,000 | 246,234 | ||||||||||
ANTA Sports Products Ltd. |
32,000 | 603,444 | ||||||||||
Apeloa Pharmaceutical Co., Ltd., Class A |
25,100 | 148,297 | ||||||||||
BAIC Motor Corp., Ltd., Class H(a) |
291,500 | 101,103 | ||||||||||
Beijing Oriental Yuhong Waterproof Technology Co., Ltd., Class A |
17,400 | 119,336 | ||||||||||
Bosideng International Holdings Ltd.(b) |
430,000 | 306,013 | ||||||||||
Brilliance China Automotive Holdings Ltd.* |
242,000 | 96,800 | ||||||||||
BYD Electronic International Co., Ltd.(b) |
38,000 | 133,994 | ||||||||||
Centre Testing International Group Co., Ltd., Class A |
22,300 | 87,479 | ||||||||||
China Aoyuan Group Ltd. |
214,000 | 112,984 | ||||||||||
China Conch Venture Holdings Ltd. |
75,000 | 347,318 | ||||||||||
China Everbright Environment Group Ltd. |
239,000 | 180,525 | ||||||||||
China Gas Holdings Ltd. |
76,600 | 226,317 | ||||||||||
China Jinmao Holdings Group Ltd. |
502,000 | 180,560 | ||||||||||
China Lesso Group Holdings Ltd. |
118,000 | 189,172 | ||||||||||
China Medical System Holdings Ltd. |
222,000 | 404,951 | ||||||||||
China Mengniu Dairy Co., Ltd.* |
84,000 | 541,142 | ||||||||||
China Merchants Bank Co., Ltd., Class H |
80,000 | 637,665 | ||||||||||
China National Building Material Co., Ltd., Class H |
342,000 | 463,050 | ||||||||||
China Oilfield Services Ltd., Class H |
292,000 | 278,697 | ||||||||||
China Overseas Land & Investment Ltd. |
93,000 | 211,932 | ||||||||||
China Overseas Property Holdings Ltd. |
300,000 | 248,951 | ||||||||||
China Railway Group Ltd., Class H |
329,000 | 163,979 | ||||||||||
China Resources Beer Holdings Co., Ltd. |
44,000 | 324,999 | ||||||||||
China Resources Cement Holdings Ltd. |
342,000 | 329,934 | ||||||||||
China Resources Gas Group Ltd. |
60,000 | 315,236 | ||||||||||
China Resources Land Ltd. |
85,000 | 358,687 | ||||||||||
China Shenhua Energy Co., Ltd., Class H |
122,500 | 286,712 | ||||||||||
China Yuhua Education Corp., Ltd.(a) |
188,000 | 91,287 | ||||||||||
Chongqing Zhifei Biological Products Co., Ltd., Class A |
24,000 | 590,478 | ||||||||||
CIFI Holdings Group Co., Ltd. |
428,000 | 291,394 | ||||||||||
Country Garden Holdings Co., Ltd.(b) |
257,518 | 266,296 | ||||||||||
Daan Gene Co., Ltd., Class A |
28,260 | 81,210 | ||||||||||
ENN Energy Holdings Ltd. |
29,000 | 478,326 | ||||||||||
Far East Horizon Ltd. |
354,000 | 359,245 | ||||||||||
G-bits Network Technology Xiamen Co., Ltd., Class A |
1,300 | 78,714 | ||||||||||
Geely Automobile Holdings Ltd. |
158,000 | 453,624 | ||||||||||
Great Wall Motor Co., Ltd., Class H |
107,000 | 394,481 | ||||||||||
Guangdong Investment Ltd. |
128,000 | 167,057 | ||||||||||
Guangzhou Shiyuan Electronic Technology Co., Ltd., Class A |
6,900 | 83,659 | ||||||||||
Haitong Securities Co., Ltd., Class H |
172,400 | 157,902 | ||||||||||
Hangzhou Tigermed Consulting Co., Ltd., Class A |
5,300 | 142,708 | ||||||||||
Huaxin Cement Co., Ltd., Class A |
25,300 | 80,064 | ||||||||||
Industrial & Commercial Bank of China Ltd., Class H |
857,000 | 476,683 | ||||||||||
Jiangsu Hengli Hydraulic Co., Ltd., Class A |
10,400 | 136,121 | ||||||||||
Jiangsu Hengrui Medicine Co., Ltd., Class A |
35,072 | 272,613 | ||||||||||
Jiangsu Zhongnan Construction Group Co., Ltd., Class A |
66,500 | 45,794 | ||||||||||
Kweichow Moutai Co., Ltd., Class A |
1,600 | 453,100 | ||||||||||
KWG Group Holdings Ltd. |
294,000 | 287,404 | ||||||||||
Lenovo Group Ltd. |
296,000 | 318,257 | ||||||||||
Lepu Medical Technology Beijing Co., Ltd., Class A |
40,900 | 169,811 | ||||||||||
Logan Group Co., Ltd. |
226,000 | 236,316 | ||||||||||
Longfor Group Holdings Ltd.(a) |
83,000 | 382,766 | ||||||||||
NetEase, Inc., ADR |
7,650 | 653,310 | ||||||||||
New China Life Insurance Co., Ltd., Class H |
71,900 | 212,431 | ||||||||||
People’s Insurance Co. Group of China Ltd. (The), Class H |
528,000 | 164,138 | ||||||||||
Ping An Insurance Group Co. of China Ltd., Class H |
76,500 | 523,289 | ||||||||||
Postal Savings Bank of China Co., Ltd., Class H(a) |
447,000 | 308,923 | ||||||||||
Seazen Holdings Co., Ltd., Class A |
19,740 | 113,880 | ||||||||||
Shandong Weigao Group Medical Polymer Co., Ltd., Class H(b) |
112,000 | 200,271 | ||||||||||
Shanghai Baosight Software Co., Ltd., Class A |
12,230 | 124,909 | ||||||||||
Shanghai Pharmaceuticals Holding Co., Ltd., Class H |
105,700 | 205,299 | ||||||||||
Shenzhen Expressway Co., Ltd., Class H |
138,000 | 136,854 | ||||||||||
Shenzhen International Holdings Ltd. |
129,654 | 166,884 |
See Notes to Financial Statements.
38 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
September 30, 2021
Investments | Shares | Value | ||||||||||
Shenzhou International Group Holdings Ltd. |
24,600 | $ | 523,939 | |||||||||
Shimao Group Holdings Ltd. |
45,000 | 82,431 | ||||||||||
Silergy Corp. |
3,000 | 442,024 | ||||||||||
Sino Biopharmaceutical Ltd. |
451,000 | 374,257 | ||||||||||
Sinotruk Hong Kong Ltd. |
228,000 | 339,746 | ||||||||||
SSY Group Ltd. |
378,000 | 204,425 | ||||||||||
Sun Art Retail Group Ltd. |
159,000 | 73,529 | ||||||||||
Sunac China Holdings Ltd. |
78,000 | 166,327 | ||||||||||
Sunny Optical Technology Group Co., Ltd. |
20,700 | 544,579 | ||||||||||
Tencent Holdings Ltd. |
63,600 | 3,769,603 | ||||||||||
Tingyi Cayman Islands Holding Corp. |
200,000 | 372,014 | ||||||||||
Tsingtao Brewery Co., Ltd., Class H |
22,000 | 172,391 | ||||||||||
Uni-President China Holdings Ltd. |
280,000 | 266,525 | ||||||||||
Wanhua Chemical Group Co., Ltd., Class A |
11,000 | 181,712 | ||||||||||
Want Want China Holdings Ltd. |
312,000 | 236,065 | ||||||||||
Weichai Power Co., Ltd., Class H |
200,000 | 415,690 | ||||||||||
Wuhan Guide Infrared Co., Ltd., Class A |
26,300 | 95,153 | ||||||||||
Wuhu Sanqi Interactive Entertainment Network Technology Group Co., Ltd., Class A |
82,900 | 269,271 | ||||||||||
Xinyi Solar Holdings Ltd. |
121,547 | 249,194 | ||||||||||
Yealink Network Technology Corp Ltd., Class A |
10,100 | 126,990 | ||||||||||
Yihai International Holding Ltd.*(b) |
48,000 | 267,295 | ||||||||||
Yuexiu Property Co., Ltd. |
142,800 | 134,277 | ||||||||||
Zhejiang Dingli Machinery Co., Ltd., Class A |
5,900 | 64,367 | ||||||||||
Zhongsheng Group Holdings Ltd. |
93,700 | 754,689 | ||||||||||
Zijin Mining Group Co., Ltd., Class H |
226,000 | 279,283 | ||||||||||
Zoomlion Heavy Industry Science and Technology Co., Ltd., Class H |
141,400 | 126,603 | ||||||||||
|
|
|||||||||||
Total China | 27,483,388 | |||||||||||
Hong Kong – 0.1% | ||||||||||||
Vinda International Holdings Ltd.(b) |
38,000 | 112,272 | ||||||||||
Hungary – 0.2% | ||||||||||||
Richter Gedeon Nyrt |
7,020 | 192,176 | ||||||||||
India – 19.6% | ||||||||||||
Adani Ports & Special Economic Zone Ltd. |
41,839 | 415,924 | ||||||||||
Asian Paints Ltd. |
8,896 | 388,864 | ||||||||||
Aurobindo Pharma Ltd. |
17,983 | 175,596 | ||||||||||
Bajaj Finance Ltd. |
6,724 | 694,625 | ||||||||||
Bandhan Bank Ltd.(a) |
36,497 | 139,149 | ||||||||||
Berger Paints India Ltd. |
22,417 | 244,321 | ||||||||||
Britannia Industries Ltd. |
5,846 | 311,011 | ||||||||||
Cipla Ltd. |
48,027 | 636,381 | ||||||||||
Colgate-Palmolive India Ltd. |
9,937 | 223,500 | ||||||||||
Container Corp. of India Ltd. |
32,687 | 310,147 | ||||||||||
Divi’s Laboratories Ltd. |
4,422 | 285,876 | ||||||||||
Dr. Reddy’s Laboratories Ltd. |
6,773 | 445,347 | ||||||||||
GAIL India Ltd. |
157,422 | 336,890 | ||||||||||
Grasim Industries Ltd. |
17,687 | 397,798 | ||||||||||
Havells India Ltd. |
19,377 | 358,446 | ||||||||||
HCL Technologies Ltd. |
21,649 | 373,190 | ||||||||||
HDFC Asset Management Co., Ltd.(a) |
5,400 | 211,599 | ||||||||||
Hindustan Unilever Ltd. |
16,055 | 584,384 | ||||||||||
Indraprastha Gas Ltd. |
31,664 | 227,410 | ||||||||||
Indus Towers Ltd. |
56,208 | 233,760 | ||||||||||
Info Edge India Ltd. |
3,703 | 320,844 | ||||||||||
Infosys Ltd. |
55,960 | 1,262,931 | ||||||||||
ITC Ltd. |
99,867 | 317,720 | ||||||||||
JSW Steel Ltd. |
86,900 | 782,396 | ||||||||||
Jubilant Foodworks Ltd. |
6,632 | 361,042 | ||||||||||
Larsen & Toubro Ltd. |
14,591 | 334,751 | ||||||||||
Marico Ltd. |
56,798 | 418,940 | ||||||||||
Nestle India Ltd. |
1,818 | 476,266 | ||||||||||
Petronet LNG Ltd. |
98,923 | 317,916 | ||||||||||
Pidilite Industries Ltd. |
11,684 | 374,938 | ||||||||||
Piramal Enterprises Ltd. |
9,214 | 322,221 | ||||||||||
Power Grid Corp. of India Ltd. |
153,942 | 393,838 | ||||||||||
Reliance Industries Ltd. |
34,398 | 1,167,454 | ||||||||||
Shree Cement Ltd. |
933 | 363,277 | ||||||||||
Shriram Transport Finance Co., Ltd. |
17,528 | 306,709 | ||||||||||
Sun Pharmaceutical Industries Ltd. |
35,266 | 388,756 | ||||||||||
Tata Consultancy Services Ltd. |
18,302 | 930,923 | ||||||||||
Tech Mahindra Ltd. |
34,392 | 639,677 | ||||||||||
Titan Co., Ltd. |
17,491 | 509,419 | ||||||||||
Torrent Pharmaceuticals Ltd. |
6,034 | 250,822 | ||||||||||
UltraTech Cement Ltd. |
3,551 | 353,825 | ||||||||||
UPL Ltd. |
23,676 | 225,732 | ||||||||||
Wipro Ltd. |
42,074 | 359,424 | ||||||||||
|
|
|||||||||||
Total India | 18,174,039 | |||||||||||
Indonesia – 2.6% | ||||||||||||
Bank Central Asia Tbk PT |
208,300 | 509,380 | ||||||||||
Bank Mandiri Persero Tbk PT |
715,000 | 307,231 | ||||||||||
Bank Rakyat Indonesia Persero Tbk PT |
1,351,700 | 363,601 | ||||||||||
Charoen Pokphand Indonesia Tbk PT |
829,400 | 372,325 | ||||||||||
Gudang Garam Tbk PT |
74,200 | 168,748 | ||||||||||
Indah Kiat Pulp & Paper Tbk PT |
686,300 | 411,181 | ||||||||||
Kalbe Farma Tbk PT |
2,599,131 | 259,686 | ||||||||||
|
|
|||||||||||
Total Indonesia | 2,392,152 | |||||||||||
Malaysia – 1.9% | ||||||||||||
AMMB Holdings Bhd* |
193,000 | 146,600 | ||||||||||
Dialog Group Bhd |
269,100 | 153,625 | ||||||||||
Hartalega Holdings Bhd |
202,100 | 296,887 | ||||||||||
Kossan Rubber Industries |
81,400 | 44,914 | ||||||||||
Petronas Gas Bhd |
41,200 | 165,528 | ||||||||||
PPB Group Bhd |
32,300 | 141,653 | ||||||||||
Sime Darby Bhd |
232,500 | 126,066 | ||||||||||
Telekom Malaysia Bhd |
150,800 | 205,317 | ||||||||||
Tenaga Nasional Bhd |
82,200 | 190,062 | ||||||||||
Top Glove Corp. Bhd |
155,100 | 106,697 | ||||||||||
Westports Holdings Bhd |
157,300 | 169,079 | ||||||||||
|
|
|||||||||||
Total Malaysia | 1,746,428 | |||||||||||
Mexico – 0.9% | ||||||||||||
Gruma S.A.B. de C.V., Class B |
22,178 | 255,088 | ||||||||||
Grupo Bimbo S.A.B. de C.V., Series A |
160,615 | 453,752 | ||||||||||
Kimberly-Clark de Mexico S.A.B. de C.V., Class A |
93,982 | 155,489 | ||||||||||
|
|
|||||||||||
Total Mexico | 864,329 |
See Notes to Financial Statements.
WisdomTree Trust | 39 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
September 30, 2021
Investments | Shares | Value | ||||||||||
Philippines – 1.8% | ||||||||||||
Bank of the Philippine Islands |
124,460 | $ | 198,731 | |||||||||
Globe Telecom, Inc. |
6,840 | 400,129 | ||||||||||
International Container Terminal Services, Inc. |
136,810 | 522,994 | ||||||||||
Megaworld Corp. |
2,648,000 | 147,947 | ||||||||||
Puregold Price Club, Inc. |
170,300 | 148,566 | ||||||||||
Universal Robina Corp. |
75,090 | 200,054 | ||||||||||
|
|
|||||||||||
Total Philippines | 1,618,421 | |||||||||||
Poland – 0.3% | ||||||||||||
Polski Koncern Naftowy Orlen S.A. |
14,561 | 300,735 | ||||||||||
Russia – 2.1% | ||||||||||||
Mobile TeleSystems PJSC, ADR |
24,378 | 235,004 | ||||||||||
Novatek PJSC, GDR(c) |
2,382 | 629,086 | ||||||||||
Polymetal International PLC |
10,898 | 184,855 | ||||||||||
Rosneft Oil Co. PJSC, GDR(c) |
47,506 | 401,426 | ||||||||||
Surgutneftegas PJSC, ADR(b) |
35,806 | 180,641 | ||||||||||
VTB Bank PJSC, GDR*(c) |
190,147 | 262,783 | ||||||||||
|
|
|||||||||||
Total Russia | 1,893,795 | |||||||||||
Singapore – 0.2% | ||||||||||||
BOC Aviation Ltd.(a) |
19,800 | 165,834 | ||||||||||
South Africa – 2.0% | ||||||||||||
Anglo American Platinum Ltd. |
3,646 | 316,110 | ||||||||||
Exxaro Resources Ltd.(b) |
27,331 | 292,530 | ||||||||||
Gold Fields Ltd. |
23,761 | 194,700 | ||||||||||
Kumba Iron Ore Ltd. |
10,296 | 339,402 | ||||||||||
Sanlam Ltd. |
57,925 | 246,100 | ||||||||||
SPAR Group Ltd. (The) |
20,131 | 262,820 | ||||||||||
Vodacom Group Ltd. |
23,853 | 228,367 | ||||||||||
|
|
|||||||||||
Total South Africa | 1,880,029 | |||||||||||
South Korea – 12.7% | ||||||||||||
BGF Retail Co., Ltd. |
1,465 | 210,965 | ||||||||||
Cheil Worldwide, Inc. |
13,894 | 267,553 | ||||||||||
CJ CheilJedang Corp. |
442 | 152,871 | ||||||||||
CJ Corp. |
2,156 | 179,909 | ||||||||||
CJ ENM Co., Ltd. |
1,738 | 222,241 | ||||||||||
DL Holdings Co., Ltd. |
1,716 | 110,004 | ||||||||||
Douzone Bizon Co., Ltd. |
1,411 | 114,525 | ||||||||||
Fila Holdings Corp. |
6,374 | 229,604 | ||||||||||
GS Engineering & Construction Corp. |
12,785 | 461,621 | ||||||||||
GS Retail Co., Ltd. |
4,068 | 112,179 | ||||||||||
Hana Financial Group, Inc. |
11,631 | 455,809 | ||||||||||
Hyundai Glovis Co., Ltd. |
1,125 | 158,203 | ||||||||||
Korea Aerospace Industries Ltd. |
8,284 | 230,888 | ||||||||||
Korea Investment Holdings Co., Ltd. |
3,305 | 240,896 | ||||||||||
Korea Zinc Co., Ltd. |
467 | 198,396 | ||||||||||
KT&G Corp. |
2,776 | 190,381 | ||||||||||
Kumho Petrochemical Co., Ltd.(b) |
3,611 | 576,418 | ||||||||||
LG Corp. |
2,562 | 201,238 | ||||||||||
LG Electronics, Inc. |
5,556 | 598,302 | ||||||||||
LG Household & Health Care Ltd. |
310 | 350,059 | ||||||||||
LG Household & Health Care Ltd., Preference Shares |
383 | 207,674 | ||||||||||
LG Innotek Co., Ltd. |
1,241 | 218,538 | ||||||||||
Mirae Asset Securities Co., Ltd. |
18,578 | 135,883 | ||||||||||
NAVER Corp. |
1,868 | 612,149 | ||||||||||
NCSoft Corp. |
659 | 335,622 | ||||||||||
Orion Corp. |
1,398 | 138,737 | ||||||||||
Posco International Corp. |
12,487 | 252,060 | ||||||||||
S-1 Corp. |
2,573 | 181,675 | ||||||||||
Samsung C&T Corp. |
2,295 | 239,386 | ||||||||||
Samsung Electronics Co., Ltd. |
55,509 | 3,474,001 | ||||||||||
Samsung SDS Co., Ltd. |
1,411 | 191,272 | ||||||||||
Samsung Securities Co., Ltd. |
8,182 | 331,012 | ||||||||||
Yuhan Corp. |
3,053 | 158,581 | ||||||||||
|
|
|||||||||||
Total South Korea | 11,738,652 | |||||||||||
Taiwan – 19.1% | ||||||||||||
Accton Technology Corp. |
31,000 | 292,637 | ||||||||||
Advantech Co., Ltd. |
28,895 | 378,553 | ||||||||||
Asia Cement Corp. |
188,000 | 307,704 | ||||||||||
ASMedia Technology, Inc. |
3,000 | 179,824 | ||||||||||
Chailease Holding Co., Ltd. |
74,877 | 661,142 | ||||||||||
Chicony Electronics Co., Ltd. |
74,000 | 204,519 | ||||||||||
E.Sun Financial Holding Co., Ltd. |
465,967 | 439,868 | ||||||||||
Eclat Textile Co., Ltd. |
15,000 | 326,807 | ||||||||||
Feng TAY Enterprise Co., Ltd. |
46,377 | 357,892 | ||||||||||
Giant Manufacturing Co., Ltd. |
20,000 | 228,639 | ||||||||||
Hiwin Technologies Corp. |
30,567 | 339,566 | ||||||||||
Hon Hai Precision Industry Co., Ltd. |
177,000 | 667,073 | ||||||||||
Largan Precision Co., Ltd. |
3,000 | 235,818 | ||||||||||
Lite-On Technology Corp. |
110,000 | 246,765 | ||||||||||
Micro-Star International Co., Ltd. |
77,000 | 357,908 | ||||||||||
Nanya Technology Corp.(b) |
134,000 | 316,958 | ||||||||||
Nien Made Enterprise Co., Ltd. |
31,000 | 440,624 | ||||||||||
Novatek Microelectronics Corp.(b) |
42,000 | 618,079 | ||||||||||
Powertech Technology, Inc. |
76,000 | 285,063 | ||||||||||
President Chain Store Corp. |
43,000 | 432,153 | ||||||||||
Quanta Computer, Inc. |
77,000 | 214,192 | ||||||||||
Realtek Semiconductor Corp. |
35,000 | 622,476 | ||||||||||
SinoPac Financial Holdings Co., Ltd. |
458,000 | 228,503 | ||||||||||
Standard Foods Corp. |
155,000 | 287,073 | ||||||||||
Synnex Technology International Corp. |
212,000 | 397,208 | ||||||||||
Taiwan Cement Corp. |
185,000 | 338,652 | ||||||||||
Taiwan Cooperative Financial Holding Co., Ltd. |
265,200 | 210,367 | ||||||||||
Taiwan Semiconductor Manufacturing Co., Ltd. |
271,291 | 5,647,737 | ||||||||||
United Microelectronics Corp. |
224,000 | 514,564 | ||||||||||
Walsin Technology Corp.* |
64,000 | 351,465 | ||||||||||
Wistron Corp. |
175,000 | 172,736 | ||||||||||
Wiwynn Corp. |
6,000 | 187,362 | ||||||||||
Yageo Corp. |
38,000 | 603,543 | ||||||||||
Yuanta Financial Holding Co., Ltd. |
331,000 | 293,451 | ||||||||||
Zhen Ding Technology Holding Ltd. |
68,000 | 241,388 | ||||||||||
|
|
|||||||||||
Total Taiwan | 17,628,309 | |||||||||||
Thailand – 2.0% | ||||||||||||
Charoen Pokphand Foods PCL, NVDR |
182,300 | 138,739 | ||||||||||
Energy Absolute PCL, NVDR |
124,700 | 225,739 |
See Notes to Financial Statements.
40 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
September 30, 2021
Investments | Shares | Value | ||||||||||
Global Power Synergy PCL, NVDR |
93,800 | $ | 209,307 | |||||||||
Home Product Center PCL, NVDR |
321,000 | 129,026 | ||||||||||
Intouch Holdings PCL, NVDR |
94,300 | 224,358 | ||||||||||
Krungthai Card PCL, NVDR |
140,800 | 227,835 | ||||||||||
Muangthai Capital PCL, NVDR |
100,700 | 173,364 | ||||||||||
Osotspa PCL, NVDR |
118,900 | 119,480 | ||||||||||
PTT Exploration & Production PCL, NVDR |
66,800 | 231,979 | ||||||||||
Thai Union Group PCL, NVDR |
312,800 | 200,613 | ||||||||||
|
|
|||||||||||
Total Thailand | 1,880,440 | |||||||||||
Turkey – 0.9% | ||||||||||||
Aselsan Elektronik Sanayi ve Ticaret AS |
160,656 | 273,780 | ||||||||||
Ford Otomotiv Sanayi AS |
22,334 | 420,071 | ||||||||||
Turkcell Iletisim Hizmetleri AS |
71,816 | 123,920 | ||||||||||
|
|
|||||||||||
Total Turkey | 817,771 | |||||||||||
TOTAL
COMMON STOCKS (Cost: $73,601,075) |
93,166,642 | |||||||||||
Principal Amount |
||||||||||||
FOREIGN CORPORATE BOND – 0.0% | ||||||||||||
India – 0.0% | ||||||||||||
Britannia
Industries Ltd. |
||||||||||||
(Cost: $2,259) | 164,430 | INR | 2,229 | |||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.7% |
| |||||||||||
United States – 0.7% | ||||||||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(d) |
||||||||||||
(Cost: $617,341) | 617,341 | 617,341 | ||||||||||
TOTAL
INVESTMENTS IN SECURITIES – 101.4% (Cost: $74,220,675) |
|
93,786,212 | ||||||||||
Other Assets less Liabilities – (1.4)% |
|
(1,263,021 | ) | |||||||||
|
|
|||||||||||
NET ASSETS – 100.0% |
|
$ | 92,523,191 |
* |
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, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $2,370,430 and the total market value of the collateral held by the Fund was $2,527,531. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,910,190. |
(c) |
This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. |
(d) |
Rate shown represents annualized 7-day yield as of September 30, 2021. |
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 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 |
||||||||||||||||
China |
$ | 27,386,588 | $ | 96,800 | $ | — | $ | 27,483,388 | ||||||||
Other |
65,683,254 | — | — | 65,683,254 | ||||||||||||
Foreign Corporate Bond |
— | 2,229 | — | 2,229 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 617,341 | — | 617,341 | ||||||||||||
Total Investments in Securities |
$ | 93,069,842 | $ | 716,370 | $ | — | $ | 93,786,212 |
See Notes to Financial Statements.
WisdomTree Trust | 41 |
Schedule of Investments (unaudited)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2021
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.8% | ||||||||
Brazil – 3.8% | ||||||||
AES Brasil Energia S.A. |
1,715,589 | $ | 3,866,364 | |||||
Alupar Investimento S.A. |
239,908 | 1,070,338 | ||||||
BR Properties S.A. |
329,230 | 479,746 | ||||||
BrasilAgro – Co. Brasileira de Propriedades Agricolas |
156,230 | 873,058 | ||||||
Cia de Locacao das Americas |
628,118 | 2,800,012 | ||||||
Cia de Saneamento de Minas Gerais-COPASA |
1,046,678 | 2,650,839 | ||||||
Cia de Saneamento do Parana |
1,283,834 | 4,514,353 | ||||||
Construtora Tenda S.A. |
297,762 | 962,321 | ||||||
Cyrela Brazil Realty S.A. Empreendimentos e Participacoes |
1,913,348 | 6,320,590 | ||||||
Dexco S.A. |
767,741 | 2,391,045 | ||||||
Direcional Engenharia S.A. |
423,438 | 887,457 | ||||||
EDP—Energias do Brasil S.A. |
1,360,996 | 4,585,859 | ||||||
Ez Tec Empreendimentos e Participacoes S.A. |
129,977 | 544,821 | ||||||
Fleury S.A. |
668,239 | 2,712,740 | ||||||
Grendene S.A. |
1,287,904 | 2,188,697 | ||||||
Guararapes Confeccoes S.A. |
445,872 | 1,107,131 | ||||||
Iguatemi Empresa de Shopping Centers S.A. |
174,075 | 1,007,602 | ||||||
JHSF Participacoes S.A. |
811,093 | 881,218 | ||||||
Movida Participacoes S.A. |
246,226 | 774,074 | ||||||
Multiplan Empreendimentos Imobiliarios S.A. |
535,366 | 1,869,738 | ||||||
Odontoprev S.A. |
1,151,652 | 3,478,902 | ||||||
Qualicorp Consultoria e Corretora de Seguros S.A. |
178,960 | 656,538 | ||||||
Sao Martinho S.A. |
318,352 | 2,043,707 | ||||||
SLC Agricola S.A. |
358,877 | 3,003,320 | ||||||
TOTVS S.A. |
436,997 | 2,895,188 | ||||||
Transmissora Alianca de Energia Eletrica S.A. |
4,065,844 | 26,742,985 | ||||||
Wiz Solucoes e Corretagem de Seguros S.A. |
686,827 | 1,450,821 | ||||||
YDUQS Participacoes S.A. |
705,076 | 3,074,493 | ||||||
|
|
|||||||
Total Brazil |
|
85,833,957 | ||||||
Chile – 0.8% | ||||||||
AES Andes S.A. |
39,224,277 | 4,604,820 | ||||||
Empresa Nacional de Telecomunicaciones S.A. |
723,158 | 2,974,190 | ||||||
Engie Energia Chile S.A. |
2,702,955 | 1,803,745 | ||||||
Inversiones Aguas Metropolitanas S.A. |
3,614,732 | 1,882,936 | ||||||
Parque Arauco S.A.* |
2,546,252 | 2,591,083 | ||||||
SMU S.A. |
15,960,220 | 1,627,070 | ||||||
SONDA S.A. |
1,663,448 | 716,827 | ||||||
Vina Concha y Toro S.A. |
1,523,277 | 2,415,262 | ||||||
|
|
|||||||
Total Chile |
|
18,615,933 | ||||||
China – 19.5% | ||||||||
Anhui Zhongding Sealing Parts Co., Ltd., Class A |
623,900 | 1,413,445 | ||||||
Asia Cement China Holdings Corp.(a) |
4,957,500 | 3,929,242 | ||||||
Asiainfo Technologies Ltd.(a)(b) |
1,275,200 | 2,109,867 | ||||||
Ausnutria Dairy Corp., Ltd.*(a) |
2,384,000 | 2,462,199 | ||||||
BAIC Motor Corp., Ltd., Class H(a)(b) |
13,220,000 | 4,585,177 | ||||||
Bank of Chongqing Co., Ltd., Class H |
2,938,500 | 1,634,461 | ||||||
Beijing Jingneng Clean Energy Co., Ltd., Class H(a) |
10,558,000 | 3,661,899 | ||||||
Beijing Tong Ren Tang Chinese Medicine Co., Ltd.(a) |
917,000 | 1,203,874 | ||||||
C&D International Investment Group Ltd.(a) |
3,225,000 | 6,172,725 | ||||||
CECEP Solar Energy Co., Ltd., Class A |
2,834,000 | 5,512,620 | ||||||
CECEP Wind-Power Corp., Class A |
1,991,100 | 2,431,045 | ||||||
Central China Real Estate Ltd.(a) |
9,684,000 | 1,865,980 | ||||||
Chaowei Power Holdings Ltd.(a) |
2,344,000 | 671,465 | ||||||
China Communications Services Corp., Ltd., Class H |
12,694,000 | 7,044,386 | ||||||
China Everbright Greentech Ltd.(a)(b) |
4,291,000 | 1,681,200 | ||||||
China Hanking Holdings Ltd. |
3,693,000 | 735,312 | ||||||
China Harmony Auto Holding Ltd. |
2,771,000 | 1,462,983 | ||||||
China Kepei Education Group Ltd.(a) |
2,164,000 | 1,148,070 | ||||||
China Lilang Ltd. |
5,365,000 | 3,121,971 | ||||||
China Longyuan Power Group Corp., Ltd., Class H |
9,378,000 | 23,178,013 | ||||||
China New Higher Education Group Ltd.(a)(b) |
2,836,000 | 1,318,790 | ||||||
China Overseas Grand Oceans Group Ltd. |
13,338,000 | 8,172,784 | ||||||
China Overseas Property Holdings Ltd. |
2,155,000 | 1,788,301 | ||||||
China Power International Development Ltd. |
59,874,000 | 31,765,027 | ||||||
China Reinsurance Group Corp., Class H |
56,533,000 | 6,390,659 | ||||||
China Resources Double Crane Pharmaceutical Co., Ltd., Class A |
777,888 | 1,409,603 | ||||||
China Resources Medical Holdings Co., Ltd. |
2,105,500 | 1,709,359 | ||||||
China Risun Group Ltd., Class H(a) |
4,620,000 | 2,931,770 | ||||||
China Sanjiang Fine Chemicals Co., Ltd.(a) |
17,026,000 | 5,970,850 | ||||||
China SCE Group Holdings Ltd.(a) |
15,712,000 | 5,510,043 | ||||||
China South City Holdings Ltd. |
24,054,000 | 2,039,352 | ||||||
China Water Affairs Group Ltd.(a) |
7,406,000 | 8,257,800 | ||||||
China Xinhua Education Group Ltd.(b) |
1,809,000 | 367,161 | ||||||
Chinasoft International Ltd.* |
968,000 | 1,711,018 | ||||||
Chongqing Department Store Co., Ltd., Class A |
285,276 | 1,063,469 | ||||||
CIMC Enric Holdings Ltd.(a) |
4,998,000 | 5,990,165 | ||||||
CIMC Vehicles Group Co., Ltd., Class H*(a)(b) |
2,524,000 | 2,143,146 | ||||||
Cinda Real Estate Co., Ltd., Class A* |
1,439,000 | 781,611 | ||||||
CITIC Telecom International Holdings Ltd. |
16,554,000 | 5,635,205 | ||||||
COFCO Joycome Foods Ltd.*(a) |
14,214,000 | 4,491,716 | ||||||
Colour Life Services Group Co., Ltd.*(a) |
1,906,000 | 619,447 | ||||||
Consun Pharmaceutical Group Ltd. |
7,421,000 | 3,374,633 | ||||||
COSCO Shipping Development Co., Ltd., Class H(a) |
31,641,000 | 6,300,033 | ||||||
CPMC Holdings Ltd. |
7,093,000 | 3,726,612 | ||||||
DaFa Properties Group Ltd.(a) |
813,000 | 524,270 | ||||||
Dexin China Holdings Co., Ltd.*(a) |
5,892,000 | 2,111,679 | ||||||
Dongyue Group Ltd. |
10,284,811 | 25,683,457 | ||||||
Duiba Group Ltd.*(a) |
1,538,000 | 341,793 | ||||||
Dynagreen Environmental Protection Group Co., Ltd., Class H |
1,633,000 | 973,341 | ||||||
E-House China Enterprise Holdings Ltd.(a) |
1,881,300 | 285,168 | ||||||
EEKA Fashion Holdings Ltd.(a) |
274,000 | 404,067 | ||||||
Fantasia Holdings Group Co., Ltd.*(a) |
7,038,000 | 506,289 | ||||||
FAWER Automotive Parts Co., Ltd., Class A |
654,200 | 590,204 |
See Notes to Financial Statements.
42 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2021
Investments | Shares | Value | ||||||
FriendTimes, Inc.(a) |
3,446,000 | $ | 579,892 | |||||
Fu Shou Yuan International Group Ltd. |
2,001,000 | 1,668,218 | ||||||
Fufeng Group Ltd.* |
9,097,000 | 3,225,286 | ||||||
Fujian Funeng Co., Ltd., Class A |
754,300 | 2,129,080 | ||||||
Fujian Green Pine Co., Ltd., Class A |
180,600 | 391,263 | ||||||
Gansu Qilianshan Cement Group Co., Ltd., Class A |
1,410,200 | 2,354,643 | ||||||
Genertec Universal Medical Group Co., Ltd.(b) |
7,287,500 | 5,710,437 | ||||||
Greatview Aseptic Packaging Co., Ltd. |
7,568,000 | 2,819,292 | ||||||
Greenland Hong Kong Holdings Ltd. |
11,344,000 | 2,841,592 | ||||||
Guangdong Baolihua New Energy Stock Co., Ltd., Class A |
3,001,700 | 3,163,278 | ||||||
Guizhou Bailing Group Pharmaceutical Co., Ltd., Class A* |
680,100 | 655,668 | ||||||
Hangcha Group Co., Ltd., Class A |
338,380 | 844,098 | ||||||
Harbin Boshi Automation Co., Ltd., Class A |
549,100 | 1,077,441 | ||||||
Hebei Construction Group Corp. Ltd., Class H |
488,500 | 128,013 | ||||||
Hisense Home Appliances Group Co., Ltd., Class H |
2,048,000 | 2,220,411 | ||||||
Homeland Interactive Technology Ltd.(a) |
980,000 | 270,661 | ||||||
Hope Education Group Co., Ltd.(b) |
4,988,000 | 743,268 | ||||||
Huafa Industrial Co., Ltd. Zhuhai, Class A |
6,104,810 | 5,422,593 | ||||||
Jiangsu Lihua Animal Husbandry Stock Co., Ltd., Class A |
122,400 | 557,246 | ||||||
Jiangxi Wannianqing Cement Co., Ltd., Class A |
1,383,300 | 2,840,601 | ||||||
Jiayuan International Group Ltd.(a) |
8,584,000 | 3,352,156 | ||||||
Jizhong Energy Resources Co., Ltd., Class A |
2,374,190 | 3,313,943 | ||||||
JNBY Design Ltd. |
2,005,500 | 3,488,207 | ||||||
Ju Teng International Holdings Ltd. |
7,226,000 | 1,345,944 | ||||||
Liuzhou Iron & Steel Co., Ltd., Class A |
2,097,300 | 2,083,620 | ||||||
Long Yuan Construction Group Co., Ltd., Class A |
501,300 | 480,188 | ||||||
Lonking Holdings Ltd. |
28,779,000 | 8,687,693 | ||||||
Luxi Chemical Group Co., Ltd., Class A |
2,239,000 | 6,513,807 | ||||||
LVGEM China Real Estate Investment Co., Ltd.*(a) |
4,222,000 | 992,499 | ||||||
NetDragon Websoft Holdings Ltd. |
985,500 | 2,228,077 | ||||||
ORG Technology Co., Ltd., Class A |
1,030,500 | 1,017,400 | ||||||
Pingdingshan Tianan Coal Mining Co., Ltd., Class A |
2,311,500 | 4,564,230 | ||||||
Poly Property Services Co., Ltd.(a) |
86,800 | 517,367 | ||||||
Powerlong Commercial Management Holdings Ltd. |
236,000 | 551,753 | ||||||
Prinx Chengshan Holdings Ltd.(a) |
783,000 | 636,688 | ||||||
Q Technology Group Co., Ltd.(a) |
705,000 | 1,016,115 | ||||||
Qinhuangdao Port Co., Ltd., Class A |
3,415,600 | 1,538,094 | ||||||
Redsun Properties Group Ltd.(a) |
9,475,000 | 2,933,305 | ||||||
S-Enjoy Service Group Co., Ltd.*(a) |
470,000 | 1,004,644 | ||||||
Sailun Group Co., Ltd., Class A |
2,527,500 | 4,482,278 | ||||||
Sany Heavy Equipment International Holdings Co., Ltd.(a) |
3,592,000 | 4,254,300 | ||||||
Shan Xi Hua Yang Group New Energy Co., Ltd., Class A |
2,674,666 | 5,078,519 | ||||||
Shandong Chenming Paper Holdings Ltd., Class H(a) |
2,471,500 | 1,419,152 | ||||||
Shandong Yisheng Livestock & Poultry Breeding Co., Ltd., Class A |
1,374,630 | 2,327,159 | ||||||
Shanghai AJ Group Co., Ltd., Class A |
2,366,430 | 2,563,390 | ||||||
Shanghai Industrial Holdings Ltd.(a) |
4,007,000 | 6,012,057 | ||||||
Shanghai Industrial Urban Development Group Ltd. |
10,646,000 | 929,943 | ||||||
Shanghai Mechanical and Electrical Industry Co., Ltd., Class A |
340,698 | 784,505 | ||||||
Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd., Class A |
369,900 | 747,568 | ||||||
Shanghai Yaoji Technology Co., Ltd., Class A |
155,000 | 413,036 | ||||||
Shenzhen Expressway Co., Ltd., Class A |
1,095,592 | 1,925,973 | ||||||
Shenzhen Expressway Co., Ltd., Class H |
7,874,000 | 7,808,608 | ||||||
Shenzhen Jinjia Group Co., Ltd., Class A |
722,785 | 1,183,362 | ||||||
Shenzhen Tagen Group Co., Ltd., Class A |
3,613,400 | 3,108,950 | ||||||
Shougang Fushan Resources Group Ltd. |
17,950,412 | 5,464,918 | ||||||
Sinic Holdings Group Co., Ltd., Class H*†(a) |
3,669,000 | 235,656 | ||||||
Sinofert Holdings Ltd.*(a) |
11,636,000 | 2,002,947 | ||||||
Sinoma International Engineering Co., Class A |
2,825,850 | 4,985,135 | ||||||
Sinopec Kantons Holdings Ltd.(a) |
9,170,000 | 3,510,318 | ||||||
Skyfame Realty Holdings Ltd. |
16,804,000 | 1,964,332 | ||||||
SSY Group Ltd.(a) |
4,996,000 | 2,701,876 | ||||||
Tangshan Sanyou Chemical Industries Co., Ltd., Class A |
1,206,500 | 2,079,867 | ||||||
TCL Electronics Holdings Ltd.* |
3,572,000 | 1,780,345 | ||||||
Tian Di Science & Technology Co., Ltd., Class A |
3,681,800 | 2,991,179 | ||||||
Tian Lun Gas Holdings Ltd.(a) |
2,059,000 | 1,840,884 | ||||||
Tiangong International Co., Ltd.(a) |
3,322,000 | 1,984,328 | ||||||
Tianjin Guangyu Development Co., Ltd., Class A |
1,039,900 | 2,463,711 | ||||||
Tianli Education International Holdings Ltd.(a) |
880,000 | 193,303 | ||||||
Tianneng Power International Ltd.(a) |
4,716,000 | 5,282,642 | ||||||
Titan Wind Energy Suzhou Co., Ltd., Class A |
505,545 | 1,388,613 | ||||||
Tong Ren Tang Technologies Co., Ltd., Class H |
3,165,888 | 2,375,031 | ||||||
Virscend Education Co., Ltd.(a)(b) |
8,372,000 | 532,348 | ||||||
Wasu Media Holding Co., Ltd., Class A |
1,504,500 | 1,748,458 | ||||||
Wellhope Foods Co., Ltd., Class A |
446,800 | 686,571 | ||||||
Wisdom Education International Holdings Co., Ltd.(a) |
3,524,000 | 669,975 | ||||||
Wuhan Department Store Group Co., Ltd., Class A |
348,100 | 574,228 | ||||||
Xiamen ITG Group Corp., Ltd., Class A |
1,890,400 | 2,281,767 | ||||||
Xiamen Xiangyu Co., Ltd., Class A |
2,628,100 | 3,123,389 | ||||||
Xinxing Ductile Iron Pipes Co., Ltd., Class A |
6,528,900 | 4,394,933 | ||||||
Xinyu Iron & Steel Co., Ltd., Class A |
3,254,500 | 3,590,846 | ||||||
Xtep International Holdings Ltd.(a) |
8,663,629 | 12,130,739 | ||||||
Yangtze Optical Fibre and Cable Joint Stock Ltd. Co., Class H(b) |
900,000 | 1,385,033 | ||||||
YiChang HEC ChangJiang Pharmaceutical Co., Ltd., Class H*(a)(b) |
1,031,600 | 609,579 | ||||||
Yuzhou Group Holdings Co., Ltd.(a) |
27,871,653 | 4,117,385 | ||||||
Zhejiang Hisoar Pharmaceutical Co., Ltd., Class A |
1,549,500 | 1,819,937 |
See Notes to Financial Statements.
WisdomTree Trust | 43 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2021
Investments | Shares | Value | ||||||
Zhejiang Medicine Co., Ltd., Class A |
1,626,800 | $ | 4,128,583 | |||||
Zhejiang Meida Industrial Co., Ltd., Class A |
505,900 | 1,218,923 | ||||||
Zhejiang Sanmei Chemical Industry Co., Ltd., Class A |
277,537 | 1,170,765 | ||||||
Zhengzhou Coal Mining Machinery Group Co., Ltd., Class A |
1,181,200 | 2,114,851 | ||||||
Zhengzhou Coal Mining Machinery Group Co., Ltd., Class H(a) |
965,200 | 1,004,300 | ||||||
Zhongshan Public Utilities Group Co., Ltd., Class A |
1,500,802 | 2,157,556 | ||||||
Zhou Hei Ya International Holdings Co., Ltd.*(a)(b) |
998,000 | 1,012,788 | ||||||
|
|
|||||||
Total China |
|
443,580,306 | ||||||
Hong Kong – 1.0% | ||||||||
Canvest Environmental Protection Group Co., Ltd.(a) |
3,253,000 | 1,796,857 | ||||||
China High Speed Transmission Equipment Group Co., Ltd.*(a) |
3,084,000 | 2,590,914 | ||||||
Comba Telecom Systems Holdings Ltd.(a) |
1,724,000 | 440,708 | ||||||
Concord New Energy Group Ltd. |
47,370,000 | 5,963,351 | ||||||
Digital China Holdings Ltd.(a) |
2,249,000 | 1,236,500 | ||||||
Guotai Junan International Holdings Ltd. |
20,091,000 | 3,200,252 | ||||||
IVD Medical Holding Ltd. |
1,942,000 | 760,869 | ||||||
Nissin Foods Co., Ltd.(a) |
1,079,000 | 838,567 | ||||||
Perfect Medical Health Management Ltd.(a) |
6,908,000 | 5,262,207 | ||||||
VPower Group International Holdings Ltd., Class H(a)(b) |
1,591,000 | 341,309 | ||||||
|
|
|||||||
Total Hong Kong |
|
22,431,534 | ||||||
Hungary – 0.1% |
| |||||||
Magyar Telekom Telecommunications PLC |
1,728,050 | 2,361,130 | ||||||
India – 12.4% | ||||||||
AIA Engineering Ltd. |
73,936 | 1,947,621 | ||||||
Ajanta Pharma Ltd. |
46,428 | 1,424,912 | ||||||
Amara Raja Batteries Ltd. |
270,643 | 2,733,867 | ||||||
Apollo Tyres Ltd. |
958,544 | 2,914,599 | ||||||
Avanti Feeds Ltd. |
87,335 | 634,356 | ||||||
Balmer Lawrie & Co., Ltd. |
787,262 | 1,371,365 | ||||||
Balrampur Chini Mills Ltd. |
326,725 | 1,613,212 | ||||||
Birlasoft Ltd. |
351,548 | 1,940,139 | ||||||
Blue Star Ltd. |
150,356 | 1,843,812 | ||||||
Castrol India Ltd. |
1,958,676 | 3,699,524 | ||||||
CCL Products India Ltd. |
205,938 | 1,066,902 | ||||||
CESC Ltd. |
3,316,990 | 4,091,077 | ||||||
Chambal Fertilizers and Chemicals Ltd. |
1,285,732 | 5,871,124 | ||||||
Cochin Shipyard Ltd.(b) |
272,581 | 1,332,471 | ||||||
Coforge Ltd. |
46,753 | 3,301,290 | ||||||
CRISIL Ltd. |
101,463 | 3,715,697 | ||||||
Cummins India Ltd. |
610,423 | 8,157,477 | ||||||
Cyient Ltd. |
465,515 | 6,664,997 | ||||||
DCM Shriram Ltd. |
184,116 | 2,507,465 | ||||||
Deepak Nitrite Ltd. |
93,277 | 3,024,159 | ||||||
Dr. Lal PathLabs Ltd.(b) |
29,879 | 1,480,032 | ||||||
Emami Ltd. |
362,567 | 2,803,725 | ||||||
Engineers India Ltd. |
3,539,121 | 3,754,751 | ||||||
EPL Ltd. |
367,639 | 1,186,955 | ||||||
Eris Lifesciences Ltd.(b) |
125,177 | 1,282,589 | ||||||
Exide Industries Ltd. |
1,706,422 | 4,097,804 | ||||||
Finolex Cables Ltd. |
251,549 | 1,650,729 | ||||||
Finolex Industries Ltd. |
815,152 | 2,293,001 | ||||||
Firstsource Solutions Ltd. |
1,586,732 | 4,179,126 | ||||||
Glenmark Pharmaceuticals Ltd. |
114,972 | 790,643 | ||||||
Godfrey Phillips India Ltd. |
76,682 | 1,235,239 | ||||||
Godrej Agrovet Ltd.(b) |
60,289 | 519,820 | ||||||
Great Eastern Shipping Co., Ltd. (The) |
548,126 | 2,722,631 | ||||||
Gujarat Narmada Valley Fertilizers & Chemicals Ltd. |
379,129 | 2,218,002 | ||||||
Gujarat Pipavav Port Ltd. |
1,344,259 | 2,002,965 | ||||||
Gujarat State Fertilizers & Chemicals Ltd. |
801,468 | 1,395,571 | ||||||
Gujarat State Petronet Ltd. |
751,056 | 3,197,382 | ||||||
HeidelbergCement India Ltd. |
682,599 | 2,361,543 | ||||||
Housing & Urban Development Corp. Ltd. |
1,712,976 | 1,039,636 | ||||||
ICICI Securities Ltd.(b) |
355,573 | 3,632,734 | ||||||
Indiabulls Housing Finance Ltd. |
3,664,952 | 11,437,623 | ||||||
Indian Energy Exchange Ltd.(b) |
468,986 | 4,081,257 | ||||||
Indian Hotels Co., Ltd. (The) |
627,887 | 1,534,454 | ||||||
IRB Infrastructure Developers Ltd.* |
948,520 | 2,601,713 | ||||||
IRCON International Ltd.(b) |
1,058,677 | 644,669 | ||||||
JB Chemicals & Pharmaceuticals Ltd. |
81,663 | 2,053,966 | ||||||
Jindal Saw Ltd. |
700,386 | 1,076,138 | ||||||
JK Paper Ltd. |
676,207 | 2,088,906 | ||||||
JSW Energy Ltd. |
1,105,816 | 5,808,597 | ||||||
Jubilant Pharmova Ltd. |
147,378 | 1,238,251 | ||||||
Jyothy Labs Ltd. |
514,851 | 1,169,430 | ||||||
Kajaria Ceramics Ltd. |
90,300 | 1,456,187 | ||||||
Kalpataru Power Transmission Ltd. |
186,760 | 1,016,987 | ||||||
KEC International Ltd. |
195,626 | 1,167,787 | ||||||
L&T Finance Holdings Ltd.* |
2,122,948 | 2,601,221 | ||||||
L&T Technology Services Ltd.(b) |
48,910 | 3,095,311 | ||||||
LIC Housing Finance Ltd. |
1,185,860 | 6,822,559 | ||||||
Mahanagar Gas Ltd. |
214,918 | 3,134,700 | ||||||
Manappuram Finance Ltd. |
755,013 | 1,720,527 | ||||||
Metropolis Healthcare Ltd.(b) |
25,330 | 921,643 | ||||||
MOIL Ltd. |
603,826 | 1,330,854 | ||||||
Multi Commodity Exchange of India Ltd. |
96,448 | 2,155,178 | ||||||
Natco Pharma Ltd. |
103,501 | 1,243,155 | ||||||
Navin Fluorine International Ltd. |
40,788 | 2,024,770 | ||||||
NIIT Ltd. |
936,214 | 4,695,732 | ||||||
NLC India Ltd. |
2,840,604 | 2,347,796 | ||||||
NOCIL Ltd. |
337,085 | 1,320,139 | ||||||
Oil India Ltd. |
4,803,280 | 16,837,607 | ||||||
Persistent Systems Ltd. |
65,141 | 3,261,372 | ||||||
Phillips Carbon Black Ltd. |
352,237 | 1,267,963 | ||||||
Polyplex Corp. Ltd. |
226,804 | 5,277,809 | ||||||
Prestige Estates Projects Ltd. |
222,360 | 1,470,417 | ||||||
Rallis India Ltd. |
225,590 | 868,899 | ||||||
Redington India Ltd. |
2,724,268 | 5,116,203 | ||||||
Shriram Transport Finance Co., Ltd. |
183,562 | 3,212,010 | ||||||
SJVN Ltd. |
8,500,429 | 3,223,699 |
See Notes to Financial Statements.
44 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2021
Investments | Shares | Value | ||||||
Sobha Ltd. |
165,724 | $ | 1,763,458 | |||||
Sonata Software Ltd. |
760,837 | 8,966,760 | ||||||
Sterling & Wilson Solar Ltd.* |
235,287 | 1,267,924 | ||||||
Sterlite Technologies Ltd. |
629,134 | 2,424,489 | ||||||
Sudarshan Chemical Industries |
121,912 | 1,080,952 | ||||||
Sundaram Finance Ltd. |
107,349 | 3,543,446 | ||||||
Sundram Fasteners Ltd. |
187,572 | 2,311,815 | ||||||
Supreme Industries Ltd. |
96,952 | 3,049,265 | ||||||
Tata Chemicals Ltd. |
810,642 | 10,039,718 | ||||||
Tata Elxsi Ltd. |
82,568 | 6,222,620 | ||||||
Thermax Ltd. |
78,489 | 1,437,762 | ||||||
Timken India Ltd. |
234,757 | 5,360,566 | ||||||
Torrent Power Ltd. |
1,392,627 | 9,475,548 | ||||||
Trident Ltd. |
6,815,842 | 2,571,063 | ||||||
Varun Beverages Ltd. |
96,248 | 1,163,884 | ||||||
Welspun Corp., Ltd. |
2,610,497 | 5,094,210 | ||||||
Welspun India Ltd. |
758,521 | 1,730,054 | ||||||
Yes Bank Ltd.*(c) |
5,997,912 | 1,014,096 | ||||||
|
|
|||||||
Total India |
|
283,544,103 | ||||||
Indonesia – 1.5% | ||||||||
Ace Hardware Indonesia Tbk PT |
13,449,900 | 1,193,458 | ||||||
AKR Corporindo Tbk PT |
8,972,845 | 2,733,387 | ||||||
Bank BTPN Syariah Tbk PT |
4,403,400 | 1,067,584 | ||||||
Bank Danamon Indonesia Tbk PT |
7,446,500 | 1,383,944 | ||||||
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT |
56,379,728 | 5,357,305 | ||||||
Bank Pembangunan Daerah Jawa Timur Tbk PT |
49,570,600 | 2,493,683 | ||||||
Ciputra Development Tbk PT |
15,147,800 | 989,568 | ||||||
Industri Jamu Dan Farmasi Sido Muncul Tbk PT |
42,903,200 | 2,308,155 | ||||||
Japfa Comfeed Indonesia Tbk PT |
15,227,000 | 2,101,193 | ||||||
Perusahaan Gas Negara Tbk PT* |
59,046,800 | 4,909,393 | ||||||
Surya Citra Media Tbk PT* |
16,610,700 | 2,332,752 | ||||||
Tower Bersama Infrastructure Tbk PT |
25,332,415 | 5,239,053 | ||||||
XL Axiata Tbk PT |
5,715,100 | 1,213,897 | ||||||
|
|
|||||||
Total Indonesia |
|
33,323,372 | ||||||
Malaysia – 3.6% | ||||||||
Aeon Co. M Bhd |
6,358,500 | 2,278,216 | ||||||
AEON Credit Service M Bhd |
611,700 | 1,805,951 | ||||||
Alliance Bank Malaysia Bhd |
4,728,447 | 2,902,689 | ||||||
Astro Malaysia Holdings Bhd |
13,529,500 | 3,328,648 | ||||||
British American Tobacco Malaysia Bhd |
1,769,400 | 5,967,736 | ||||||
Bursa Malaysia Bhd |
3,841,350 | 6,771,567 | ||||||
Carlsberg Brewery Malaysia Bhd |
866,100 | 4,634,095 | ||||||
Datasonic Group Bhd |
5,569,300 | 658,498 | ||||||
DRB-Hicom Bhd |
1,862,100 | 729,450 | ||||||
Duopharma Biotech Bhd |
1,818,833 | 786,358 | ||||||
Frontken Corp. Bhd |
1,511,700 | 1,303,532 | ||||||
Gamuda Bhd* |
5,965,486 | 4,289,051 | ||||||
Genting Plantations Bhd |
994,700 | 1,627,540 | ||||||
Globetronics Technology Bhd |
3,603,833 | 1,773,294 | ||||||
Heineken Malaysia Bhd |
664,200 | 3,664,880 | ||||||
IJM Corp. Bhd |
8,547,800 | 3,695,573 | ||||||
Inari Amertron Bhd |
5,923,175 | 5,220,713 | ||||||
KPJ Healthcare Bhd |
6,970,100 | 1,931,283 | ||||||
Lotte Chemical Titan Holding Bhd(b) |
2,369,500 | 1,494,203 | ||||||
Magni-Tech Industries Bhd |
1,676,300 | 840,853 | ||||||
Mah Sing Group Bhd |
10,237,800 | 1,724,029 | ||||||
Malaysia Building Society Bhd |
22,296,228 | 3,222,075 | ||||||
Mega First Corp. Bhd |
1,341,200 | 1,175,733 | ||||||
MMC Corp. Bhd |
7,313,800 | 3,406,643 | ||||||
My EG Services Bhd |
10,380,596 | 2,281,177 | ||||||
Scientex Bhd |
3,332,000 | 3,637,225 | ||||||
Serba Dinamik Holdings Bhd |
6,984,900 | 533,899 | ||||||
SKP Resources Bhd |
2,022,025 | 883,866 | ||||||
Syarikat Takaful Malaysia Keluarga Bhd |
1,306,700 | 1,317,156 | ||||||
TIME dotCom Bhd |
4,445,200 | 4,831,162 | ||||||
VS Industry Bhd |
4,166,350 | 1,582,347 | ||||||
Yinson Holdings Bhd |
927,200 | 1,220,321 | ||||||
|
|
|||||||
Total Malaysia |
|
81,519,763 | ||||||
Mexico – 1.6% | ||||||||
Alpek S.A.B. de C.V. |
4,792,624 | 5,479,751 | ||||||
Bolsa Mexicana de Valores S.A.B. de C.V. |
3,742,220 | 7,235,074 | ||||||
Corp. Inmobiliaria Vesta S.A.B. de C.V. |
4,016,461 | 7,077,120 | ||||||
Grupo Herdez S.A.B. de C.V. |
871,244 | 1,771,792 | ||||||
Industrias Bachoco S.A.B. de C.V., Series B |
465,745 | 1,722,471 | ||||||
La Comer S.A.B. de C.V. |
1,072,036 | 1,819,035 | ||||||
Macquarie Mexico Real Estate Management S.A. de C.V.(b) |
3,980,720 | 4,776,205 | ||||||
Megacable Holdings S.A.B. de C.V., Series CPO |
1,177,574 | 3,616,779 | ||||||
Qualitas Controladora S.A.B. de C.V. |
722,853 | 3,328,125 | ||||||
|
|
|||||||
Total Mexico |
|
36,826,352 | ||||||
Philippines – 0.8% | ||||||||
Bloomberry Resorts Corp.* |
19,164,300 | 2,231,640 | ||||||
Century Pacific Food, Inc. |
3,965,700 | 2,083,528 | ||||||
First Gen Corp. |
1,241,100 | 826,021 | ||||||
Manila Water Co., Inc.* |
3,878,645 | 1,414,287 | ||||||
Nickel Asia Corp. |
25,239,100 | 2,607,529 | ||||||
Robinsons Land Corp. |
9,972,526 | 3,128,022 | ||||||
Robinsons Retail Holdings, Inc. |
1,188,820 | 1,207,232 | ||||||
Security Bank Corp. |
1,434,730 | 2,981,403 | ||||||
Wilcon Depot, Inc. |
2,711,400 | 1,461,743 | ||||||
|
|
|||||||
Total Philippines |
|
17,941,405 | ||||||
Poland – 0.4% | ||||||||
Asseco Poland S.A. |
238,740 | 5,266,257 | ||||||
LiveChat Software S.A. |
67,185 | 1,800,059 | ||||||
TEN Square Games S.A. |
4,288 | 568,494 | ||||||
Warsaw Stock Exchange |
199,808 | 2,088,016 | ||||||
|
|
|||||||
Total Poland |
|
9,722,826 | ||||||
Singapore – 0.2% | ||||||||
Guan Chong Bhd |
1,071,800 | 757,800 | ||||||
IGG, Inc. |
5,458,000 | 5,139,234 | ||||||
|
|
|||||||
Total Singapore |
|
5,897,034 |
See Notes to Financial Statements.
WisdomTree Trust | 45 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2021
Investments | Shares | Value | ||||||
South Africa – 4.3% | ||||||||
AECI Ltd. |
778,923 | $ | 5,495,174 | |||||
African Rainbow Minerals Ltd.(a) |
1,334,518 | 16,818,741 | ||||||
Altron Ltd., Class A |
997,557 | 775,767 | ||||||
AVI Ltd. |
3,810,085 | 21,665,189 | ||||||
Cashbuild Ltd. |
108,492 | 1,838,847 | ||||||
Coronation Fund Managers Ltd. |
2,804,654 | 9,339,526 | ||||||
DRDGOLD Ltd.(a) |
3,412,177 | 2,721,577 | ||||||
Equites Property Fund Ltd. |
5,673,689 | 7,779,874 | ||||||
Italtile Ltd. |
2,239,007 | 2,358,808 | ||||||
JSE Ltd. |
868,267 | 6,030,834 | ||||||
Oceana Group Ltd. |
737,818 | 3,263,171 | ||||||
PSG Group Ltd. |
1,337,832 | 6,578,452 | ||||||
SPAR Group Ltd. (The) |
1,016,322 | 13,268,592 | ||||||
|
|
|||||||
Total South Africa |
|
97,934,552 | ||||||
South Korea – 15.0% | ||||||||
Aekyung Industrial Co., Ltd.(a) |
42,651 | 817,718 | ||||||
AfreecaTV Co., Ltd.(a) |
10,805 | 1,374,352 | ||||||
Ahnlab, Inc. |
54,884 | 3,221,654 | ||||||
BGF Retail Co., Ltd. |
28,492 | 4,102,944 | ||||||
Binggrae Co., Ltd. |
21,642 | 1,032,747 | ||||||
BNK Financial Group, Inc. |
2,735,705 | 20,425,365 | ||||||
Bukwang Pharmaceutical Co., Ltd.(a) |
47,663 | 603,839 | ||||||
Cheil Worldwide, Inc. |
350,388 | 6,747,336 | ||||||
Chong Kun Dang Pharmaceutical Corp. |
7,111 | 723,712 | ||||||
CJ Corp. |
45,676 | 3,811,477 | ||||||
Com2uS Corp. |
14,936 | 1,246,349 | ||||||
Daesang Corp. |
116,156 | 2,383,945 | ||||||
Daesang Holdings Co., Ltd. |
80,445 | 696,420 | ||||||
Daishin Securities Co., Ltd. |
361,920 | 6,327,486 | ||||||
DB HiTek Co., Ltd.(a) |
78,892 | 3,638,094 | ||||||
DGB Financial Group, Inc. |
1,598,316 | 13,404,795 | ||||||
Dohwa Engineering Co., Ltd. |
93,164 | 644,437 | ||||||
Dong-A Socio Holdings Co., Ltd. |
7,880 | 775,355 | ||||||
Dong-A ST Co., Ltd. |
16,951 | 1,076,618 | ||||||
DongKook Pharmaceutical Co., Ltd. |
32,993 | 643,698 | ||||||
Dongsuh Cos., Inc. |
277,883 | 6,853,196 | ||||||
Dongsung Finetec Co., Ltd. |
85,818 | 869,777 | ||||||
Dongwon Development Co., Ltd. |
377,363 | 1,816,697 | ||||||
DoubleUGames Co., Ltd. |
10,794 | 574,343 | ||||||
Douzone Bizon Co., Ltd. |
13,879 | 1,126,497 | ||||||
e-Credible Co., Ltd. |
61,559 | 1,060,645 | ||||||
E1 Corp. |
45,913 | 2,299,528 | ||||||
EBEST Investment & Securities Co., Ltd. |
217,017 | 1,638,625 | ||||||
Echo Marketing, Inc.(a) |
59,622 | 1,022,235 | ||||||
Ecopro Co., Ltd. |
15,710 | 1,310,936 | ||||||
Eugene Investment & Securities Co., Ltd. |
206,977 | 670,403 | ||||||
F&F Holdings Co., Ltd.(a) |
27,886 | 829,043 | ||||||
Fila Holdings Corp. |
38,409 | 1,383,567 | ||||||
GOLFZON Co., Ltd. |
12,987 | 1,542,206 | ||||||
Green Cross Corp. |
3,499 | 979,661 | ||||||
Green Cross Holdings Corp. |
73,865 | 1,968,278 | ||||||
GS Engineering & Construction Corp. |
398,124 | 14,374,832 | ||||||
HAESUNG DS Co., Ltd. |
50,260 | 1,751,035 | ||||||
Halla Holdings Corp. |
72,325 | 3,390,234 | ||||||
Handsome Co., Ltd. |
33,191 | 1,110,104 | ||||||
Hanjin Transportation Co., Ltd.(a) |
12,752 | 400,654 | ||||||
Hankook & Co. Co., Ltd.(a) |
78,080 | 1,048,541 | ||||||
Hansol Chemical Co., Ltd. |
20,335 | 5,951,079 | ||||||
Hansol Paper Co., Ltd. |
161,474 | 2,216,176 | ||||||
Hanssem Co., Ltd.(a) |
26,223 | 2,657,736 | ||||||
Hanwha Corp. |
184,452 | 5,335,710 | ||||||
Hanwha Systems Co., Ltd. |
139,310 | 2,059,058 | ||||||
HDC Holdings Co., Ltd. |
100,500 | 933,699 | ||||||
HDC Hyundai Development Co-Engineering & Construction |
88,296 | 2,050,794 | ||||||
Hitejinro Holdings Co., Ltd. |
40,566 | 484,805 | ||||||
Huchems Fine Chemical Corp. |
109,471 | 2,681,300 | ||||||
Huons Co., Ltd.(a) |
14,652 | 675,675 | ||||||
Hyosung Chemical Corp.* |
9,755 | 2,945,450 | ||||||
Hyosung Corp. |
88,684 | 8,726,086 | ||||||
Hyundai Department Store Co., Ltd. |
38,804 | 2,618,615 | ||||||
Hyundai Elevator Co., Ltd.(a) |
61,881 | 2,568,793 | ||||||
Hyundai Greenfood Co., Ltd. |
218,331 | 1,722,307 | ||||||
Hyundai Marine & Fire Insurance Co., Ltd. |
314,044 | 6,750,355 | ||||||
Hyundai Motor Securities Co., Ltd. |
170,554 | 1,822,220 | ||||||
Hyundai Wia Corp.(a) |
39,415 | 2,623,228 | ||||||
iMarketKorea, Inc. |
188,407 | 1,885,661 | ||||||
Innocean Worldwide, Inc.(a) |
37,401 | 1,907,956 | ||||||
IS Dongseo Co., Ltd. |
36,365 | 1,426,651 | ||||||
JB Financial Group Co., Ltd. |
1,135,132 | 8,561,426 | ||||||
JW Life Science Corp.(a) |
40,789 | 554,648 | ||||||
KEPCO Plant Service & Engineering Co., Ltd.(a) |
211,119 | 6,847,103 | ||||||
Kginicis Co., Ltd.(a) |
38,701 | 570,382 | ||||||
KIWOOM Securities Co., Ltd. |
32,500 | 3,019,426 | ||||||
Koentec Co., Ltd. |
185,829 | 1,412,551 | ||||||
Kolon Industries, Inc.(a) |
61,607 | 5,192,887 | ||||||
Korea Aerospace Industries Ltd. |
176,316 | 4,914,213 | ||||||
Korea Asset In Trust Co., Ltd. |
465,484 | 1,792,742 | ||||||
Korea Electric Terminal Co., Ltd.(a) |
15,896 | 1,016,324 | ||||||
Korea Petrochemical Ind Co., Ltd. |
9,744 | 1,769,392 | ||||||
Korea Real Estate Investment & Trust Co., Ltd. |
1,964,610 | 4,065,282 | ||||||
Korean Reinsurance Co. |
687,097 | 5,547,844 | ||||||
KT Skylife Co., Ltd. |
126,924 | 1,066,633 | ||||||
KUMHOE&C Co., Ltd.(a) |
204,962 | 2,259,083 | ||||||
Kyungdong Pharm Co., Ltd. |
121,033 | 1,185,796 | ||||||
LEENO Industrial, Inc.(a) |
19,535 | 2,907,151 | ||||||
LIG Nex1 Co., Ltd. |
34,606 | 1,519,858 | ||||||
LOTTE Fine Chemical Co., Ltd.(a) |
72,517 | 5,585,769 | ||||||
LOTTE Himart Co., Ltd.(a) |
41,114 | 1,033,059 | ||||||
LS Electric Co., Ltd. |
40,949 | 2,306,840 | ||||||
LX International Corp. |
84,242 | 2,461,802 | ||||||
LX Semicon Co., Ltd.(a) |
39,782 | 3,400,286 | ||||||
Maeil Dairies Co., Ltd. |
14,427 | 877,318 | ||||||
Mcnex Co., Ltd. |
26,459 | 895,002 | ||||||
MegaStudyEdu Co., Ltd.(a) |
37,534 | 2,291,983 | ||||||
Meritz Financial Group, Inc. |
296,979 | 8,440,324 | ||||||
Meritz Fire & Marine Insurance Co., Ltd. |
457,365 | 11,801,099 |
See Notes to Financial Statements.
46 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2021
Investments | Shares | Value | ||||||
Meritz Securities Co., Ltd.(a) |
2,336,276 | $ | 9,767,370 | |||||
Mirae Asset Life Insurance Co., Ltd.(a) |
408,138 | 1,690,808 | ||||||
NICE Holdings Co., Ltd.(a) |
56,362 | 847,334 | ||||||
NICE Information Service Co., Ltd.(a) |
56,316 | 970,309 | ||||||
NongShim Co., Ltd. |
11,351 | 2,708,326 | ||||||
Orion Holdings Corp. |
186,111 | 2,609,326 | ||||||
Partron Co., Ltd. |
238,479 | 1,867,146 | ||||||
PI Advanced Materials Co., Ltd. |
21,799 | 1,027,352 | ||||||
Poongsan Corp. |
47,975 | 1,349,297 | ||||||
Posco International Corp. |
311,766 | 6,293,249 | ||||||
Samjin Pharmaceutical Co., Ltd. |
62,773 | 1,328,094 | ||||||
Samyang Holdings Corp.(a) |
31,096 | 2,928,382 | ||||||
Samyang Packaging Corp. |
46,330 | 1,195,424 | ||||||
SaraminHR Co., Ltd.(a) |
30,309 | 1,228,743 | ||||||
Seah Besteel Corp. |
75,858 | 1,659,394 | ||||||
Seohee Construction Co., Ltd. |
925,189 | 1,461,236 | ||||||
Seoul Semiconductor Co., Ltd. |
48,908 | 634,069 | ||||||
SFA Engineering Corp. |
67,126 | 2,111,861 | ||||||
SK D&D Co., Ltd. |
21,487 | 620,655 | ||||||
SK Discovery Co., Ltd.(a) |
24,974 | 1,009,296 | ||||||
SK Materials Co., Ltd. |
10,005 | 3,505,130 | ||||||
SKC Co., Ltd.(a) |
33,765 | 4,819,497 | ||||||
SNT Motiv Co., Ltd. |
45,029 | 1,931,987 | ||||||
Taeyoung Engineering & Construction Co., Ltd. |
100,991 | 989,439 | ||||||
Tailim Packaging Co., Ltd.* |
208,093 | 744,319 | ||||||
Tongyang Life Insurance Co., Ltd. |
441,342 | 2,605,558 | ||||||
Unid Co., Ltd. |
37,195 | 4,131,032 | ||||||
WiSoL Co., Ltd. |
57,480 | 534,020 | ||||||
Youlchon Chemical Co., Ltd.(a) |
58,810 | 1,211,963 | ||||||
Youngone Corp. |
41,345 | 1,541,708 | ||||||
Zinus, Inc.(a) |
19,935 | 1,244,254 | ||||||
|
|
|||||||
Total South Korea |
|
341,625,533 | ||||||
Taiwan – 26.2% | ||||||||
AcBel Polytech, Inc.(a) |
1,804,303 | 1,842,480 | ||||||
Acer, Inc.(a) |
5,789,000 | 5,142,684 | ||||||
Arcadyan Technology Corp.(a) |
555,681 | 1,854,896 | ||||||
Asia Optical Co., Inc.*(a) |
496,000 | 1,367,269 | ||||||
Asia Vital Components Co., Ltd. |
522,000 | 1,483,907 | ||||||
ASROCK, Inc.(a) |
102,000 | 589,437 | ||||||
Capital Securities Corp.(a) |
11,969,340 | 6,530,176 | ||||||
Cathay Real Estate Development Co., Ltd.(a) |
2,102,000 | 1,452,361 | ||||||
Chang Wah Electromaterials, Inc.(a) |
1,835,000 | 2,143,869 | ||||||
Charoen Pokphand Enterprise(a) |
1,228,000 | 3,530,547 | ||||||
Chenbro Micom Co., Ltd.(a) |
356,000 | 953,235 | ||||||
Cheng Loong Corp.(a) |
3,792,000 | 4,852,203 | ||||||
Cheng Uei Precision Industry Co., Ltd.(a) |
2,212,000 | 3,021,001 | ||||||
Chicony Electronics Co., Ltd.(a) |
4,928,652 | 13,621,658 | ||||||
Chicony Power Technology Co., Ltd.(a) |
806,625 | 1,939,803 | ||||||
Chilisin Electronics Corp. |
496,000 | 1,534,617 | ||||||
Chin-Poon Industrial Co., Ltd. |
1,074,000 | 1,123,709 | ||||||
China Chemical & Pharmaceutical Co., Ltd. |
1,120,000 | 916,566 | ||||||
China Metal Products(a) |
675,000 | 766,811 | ||||||
China Steel Chemical Corp.(a) |
584,726 | 2,455,553 | ||||||
ChipMOS Technologies, Inc.(a) |
2,137,000 | 3,658,761 | ||||||
Chong Hong Construction Co., Ltd.(a) |
1,909,000 | 5,515,856 | ||||||
Chroma ATE, Inc.(a) |
554,132 | 3,500,556 | ||||||
Chung-Hsin Electric & Machinery Manufacturing Corp.(a) |
856,000 | 1,497,819 | ||||||
Cleanaway Co., Ltd.(a) |
542,161 | 3,648,721 | ||||||
Compeq Manufacturing Co., Ltd.(a) |
3,003,000 | 4,020,455 | ||||||
CTCI Corp.(a) |
1,326,190 | 1,706,499 | ||||||
Cub Elecparts, Inc.(a) |
169,092 | 864,866 | ||||||
DA CIN Construction Co., Ltd.(a) |
1,911,000 | 2,047,463 | ||||||
Da-Li Development Co., Ltd.*(a) |
1,320,467 | 1,526,140 | ||||||
Darfon Electronics Corp.(a) |
993,000 | 1,475,573 | ||||||
Daxin Materials Corp.(a) |
356,000 | 1,137,237 | ||||||
De Licacy Industrial Co., Ltd.*(a) |
1,801,000 | 1,060,153 | ||||||
Eastern Media International Corp.(a) |
1,941,800 | 2,300,009 | ||||||
Elan Microelectronics Corp.(a) |
1,315,409 | 6,916,869 | ||||||
Elite Advanced Laser Corp.(a) |
73,000 | 140,443 | ||||||
Elite Material Co., Ltd.(a) |
1,190,163 | 9,291,307 | ||||||
Elite Semiconductor Microelectronics Technology, Inc.(a) |
589,000 | 2,769,476 | ||||||
Ennoconn Corp.(a) |
82,046 | 566,891 | ||||||
Eternal Materials Co., Ltd.(a) |
3,849,494 | 5,202,112 | ||||||
Eva Airways Corp.*(a) |
4,243,664 | 2,878,816 | ||||||
Everlight Electronics Co., Ltd.(a) |
1,170,165 | 2,003,441 | ||||||
Excelsior Medical Co., Ltd.(a) |
688,000 | 1,365,604 | ||||||
Far Eastern Department Stores Ltd.(a) |
3,002,841 | 2,403,523 | ||||||
Far Eastern International Bank |
10,877,460 | 4,079,950 | ||||||
Faraday Technology Corp.(a) |
456,000 | 1,882,235 | ||||||
Farglory F T Z Investment Holding Co., Ltd.(a) |
565,000 | 886,219 | ||||||
Farglory Land Development Co., Ltd.(a) |
2,471,640 | 5,154,333 | ||||||
Feng Hsin Steel Co., Ltd.(a) |
1,523,950 | 4,272,016 | ||||||
FLEXium Interconnect, Inc.*(a) |
390,028 | 1,434,930 | ||||||
Formosa International Hotels Corp.(a) |
317,000 | 1,666,894 | ||||||
Formosa Sumco Technology Corp.(a) |
158,000 | 913,049 | ||||||
Formosan Union Chemical(a) |
2,004,000 | 1,470,964 | ||||||
Fortune Electric Co., Ltd.(a) |
429,000 | 604,377 | ||||||
Foxsemicon Integrated Technology, Inc.(a) |
156,197 | 1,152,114 | ||||||
Fusheng Precision Co., Ltd.(a) |
521,000 | 3,356,706 | ||||||
Genius Electronic Optical Co., Ltd.(a) |
148,280 | 2,192,759 | ||||||
Getac Technology Corp. |
2,136,292 | 3,964,261 | ||||||
Gigabyte Technology Co., Ltd.(a) |
1,344,000 | 4,187,262 | ||||||
Global Brands Manufacture Ltd. |
820,000 | 978,626 | ||||||
Global Mixed Mode Technology, Inc.(a) |
368,000 | 3,057,806 | ||||||
Global Unichip Corp.(a) |
92,000 | 1,654,385 | ||||||
Goldsun Building Materials Co., Ltd.(a) |
1,254,000 | 1,102,744 | ||||||
Grape King Bio Ltd.(a) |
476,988 | 2,773,534 | ||||||
Great Wall Enterprise Co., Ltd.(a) |
3,862,676 | 7,611,526 | ||||||
Greatek Electronics, Inc.(a) |
1,634,000 | 4,774,056 | ||||||
HannsTouch Solution, Inc.(a) |
1,733,000 | 715,332 | ||||||
Holtek Semiconductor, Inc.(a) |
1,147,773 | 4,675,876 | ||||||
Holy Stone Enterprise Co., Ltd.(a) |
461,000 | 1,919,420 | ||||||
Hong Pu Real Estate Development Co., Ltd.(a) |
1,583,000 | 1,204,558 | ||||||
Hota Industrial Manufacturing Co., Ltd.(a) |
389,146 | 1,271,057 | ||||||
Hotai Finance Co., Ltd.(a) |
478,000 | 1,494,367 |
See Notes to Financial Statements.
WisdomTree Trust | 47 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2021
Investments | Shares | Value | ||||||
Huaku Development Co., Ltd.(a) |
2,119,296 | $ | 6,785,277 | |||||
Huang Hsiang Construction Corp.(a) |
671,000 | 906,773 | ||||||
IBF Financial Holdings Co., Ltd.(a) |
13,926,684 | 8,072,933 | ||||||
Iron Force Industrial Co., Ltd.(a) |
315,000 | 783,529 | ||||||
ITE Technology, Inc.(a) |
706,000 | 2,521,383 | ||||||
ITEQ Corp.(a) |
551,000 | 2,867,680 | ||||||
Jentech Precision Industrial Co., Ltd. |
84,000 | 1,056,765 | ||||||
Kenda Rubber Industrial Co., Ltd.(a) |
997,000 | 1,154,080 | ||||||
Kindom Development Co., Ltd.(a) |
1,559,200 | 2,205,003 | ||||||
King Slide Works Co., Ltd. |
114,004 | 1,587,680 | ||||||
King Yuan Electronics Co., Ltd.(a) |
6,154,000 | 9,045,290 | ||||||
King’s Town Bank Co., Ltd. |
3,686,000 | 5,516,994 | ||||||
Kinik Co.(a) |
410,495 | 1,062,317 | ||||||
Kinpo Electronics(a) |
2,809,000 | 1,345,997 | ||||||
Kinsus Interconnect Technology Corp.(a) |
318,000 | 2,305,630 | ||||||
Kung Long Batteries Industrial Co., Ltd.(a) |
520,000 | 2,585,022 | ||||||
Kuo Yang Construction Co., Ltd.(a) |
1,641,989 | 1,550,019 | ||||||
L&K Engineering Co., Ltd.(a) |
884,000 | 916,983 | ||||||
Lien Hwa Industrial Holdings Corp.(a) |
2,632,451 | 5,291,264 | ||||||
Longchen Paper & Packaging Co., Ltd.(a) |
735,026 | 742,664 | ||||||
Lotes Co., Ltd.(a) |
165,107 | 3,289,043 | ||||||
Machvision, Inc. |
77,000 | 632,903 | ||||||
Macronix International Co., Ltd.(a) |
4,852,000 | 6,417,552 | ||||||
Makalot Industrial Co., Ltd.(a) |
563,881 | 4,989,023 | ||||||
Marketech International Corp.(a) |
128,000 | 519,158 | ||||||
Mercuries & Associates Holding Ltd.(a) |
2,131,000 | 1,977,220 | ||||||
Merida Industry Co., Ltd.(a) |
401,043 | 4,210,444 | ||||||
Merry Electronics Co., Ltd.(a) |
683,030 | 2,167,221 | ||||||
Mirle Automation Corp.(a) |
813,560 | 1,235,211 | ||||||
Namchow Holdings Co., Ltd.(a) |
343,000 | 603,871 | ||||||
Nan Kang Rubber Tire Co., Ltd.(a) |
870,000 | 1,284,991 | ||||||
Nan Liu Enterprise Co., Ltd.(a) |
61,000 | 238,653 | ||||||
Nan Pao Resins Chemical Co., Ltd.(a) |
312,000 | 1,545,414 | ||||||
Nantex Industry Co., Ltd.(a) |
1,108,615 | 3,636,956 | ||||||
Nichidenbo Corp.(a) |
1,513,000 | 2,807,634 | ||||||
Nuvoton Technology Corp.(a) |
163,872 | 788,171 | ||||||
Pan Jit International, Inc.(a) |
1,074,000 | 3,442,444 | ||||||
Pan-International Industrial Corp.(a) |
2,205,000 | 3,098,500 | ||||||
Phoenix Silicon International Corp.(a) |
436,420 | 783,224 | ||||||
Polytronics Technology Corp.(a) |
343,017 | 1,483,590 | ||||||
Power Wind Health Industry, Inc.(a) |
102,901 | 518,928 | ||||||
Powertech Technology, Inc. |
3,825,000 | 14,346,925 | ||||||
President Securities Corp.(a) |
4,857,520 | 4,010,085 | ||||||
Primax Electronics Ltd.(a) |
2,453,000 | 4,516,749 | ||||||
Prince Housing & Development Corp.(a) |
4,717,000 | 2,353,378 | ||||||
Promate Electronic Co., Ltd.(a) |
1,569,000 | 2,187,888 | ||||||
Qisda Corp.(a) |
4,681,000 | 4,813,648 | ||||||
Quang Viet Enterprise Co., Ltd.(a) |
284,000 | 1,182,463 | ||||||
Radium Life Tech Co., Ltd.(a) |
1,664,000 | 627,124 | ||||||
Rexon Industrial Corp., Ltd.(a) |
485,000 | 1,211,608 | ||||||
Ruentex Development Co., Ltd.(a) |
1,694,000 | 3,490,088 | ||||||
Ruentex Industries Ltd.(a) |
2,000,200 | 9,189,555 | ||||||
Sampo Corp.(a) |
1,720,000 | 1,836,650 | ||||||
Sanyang Motor Co., Ltd.(a) |
3,251,000 | 3,092,245 | ||||||
SCI Pharmtech, Inc.(a) |
369,400 | 1,072,646 | ||||||
SDI Corp.(a) |
377,000 | 1,711,760 | ||||||
Sercomm Corp.(a) |
1,002,488 | 2,238,106 | ||||||
Shin Foong Specialty & Applied Materials Co., Ltd.(a) |
125,000 | 892,841 | ||||||
Shin Zu Shing Co., Ltd.(a) |
252,000 | 936,164 | ||||||
Shiny Chemical Industrial Co., Ltd.(a) |
268,110 | 1,352,074 | ||||||
Sigurd Microelectronics Corp. |
553,000 | 1,179,024 | ||||||
Sinbon Electronics Co., Ltd.(a) |
563,120 | 4,749,850 | ||||||
Sincere Navigation Corp.(a) |
1,648,000 | 2,357,201 | ||||||
Sinon Corp.(a) |
2,917,000 | 2,559,920 | ||||||
Sitronix Technology Corp.(a) |
398,000 | 3,485,652 | ||||||
Sonix Technology Co., Ltd.(a) |
491,000 | 1,598,453 | ||||||
Standard Chemical & Pharmaceutical Co., Ltd.(a) |
489,000 | 669,599 | ||||||
Standard Foods Corp.(a) |
2,379,896 | 4,407,768 | ||||||
Stark Technology, Inc.(a) |
832,000 | 2,081,456 | ||||||
Sunny Friend Environmental Technology Co., Ltd.(a) |
292,000 | 2,069,956 | ||||||
Sunonwealth Electric Machine Industry Co., Ltd.(a) |
693,000 | 953,915 | ||||||
Supreme Electronics Co., Ltd. |
2,621,506 | 4,168,364 | ||||||
Swancor Holding Co., Ltd.(a) |
158,000 | 569,947 | ||||||
Syncmold Enterprise Corp.(a) |
755,915 | 1,877,544 | ||||||
Synnex Technology International Corp. |
8,895,600 | 16,666,977 | ||||||
Sysage Technology Co., Ltd.(a) |
695,000 | 966,646 | ||||||
Systex Corp.(a) |
1,276,000 | 4,007,466 | ||||||
Ta Ya Electric Wire & Cable(a) |
983,120 | 943,934 | ||||||
TA-I Technology Co., Ltd.(a) |
284,000 | 635,064 | ||||||
Taichung Commercial Bank Co., Ltd.(a) |
6,170,182 | 2,569,017 | ||||||
Taiflex Scientific Co., Ltd.(a) |
367,000 | 609,241 | ||||||
Taisun Enterprise Co., Ltd.(a) |
1,585,000 | 1,536,046 | ||||||
Taiwan Business Bank(a) |
8,653,958 | 2,969,503 | ||||||
Taiwan Cogeneration Corp.(a) |
2,067,970 | 2,872,541 | ||||||
Taiwan Fertilizer Co., Ltd.(a) |
3,393,000 | 8,257,045 | ||||||
Taiwan Hon Chuan Enterprise Co., Ltd.(a) |
1,702,692 | 4,333,047 | ||||||
Taiwan Mask Corp.(a) |
570,300 | 1,606,882 | ||||||
Taiwan Navigation Co., Ltd.(a) |
1,630,000 | 2,621,058 | ||||||
Taiwan Paiho Ltd.(a) |
774,000 | 2,255,839 | ||||||
Taiwan PCB Techvest Co., Ltd. |
1,637,302 | 2,747,397 | ||||||
Taiwan Sakura Corp.(a) |
1,105,000 | 2,732,704 | ||||||
Taiwan Secom Co., Ltd.(a) |
1,156,000 | 4,049,662 | ||||||
Taiwan Styrene Monomer(a) |
2,663,000 | 1,930,784 | ||||||
Taiwan Surface Mounting Technology Corp.(a) |
474,000 | 1,735,360 | ||||||
Teco Electric and Machinery Co., Ltd.(a) |
4,674,683 | 5,243,403 | ||||||
Test Research, Inc.(a) |
1,157,115 | 2,317,511 | ||||||
Thinking Electronic Industrial Co., Ltd.(a) |
376,000 | 2,240,304 | ||||||
Tong Hsing Electronic Industries Ltd.(a) |
155,552 | 1,261,813 | ||||||
Tong Yang Industry Co., Ltd.(a) |
1,623,685 | 1,978,576 | ||||||
Topco Scientific Co., Ltd. |
955,521 | 4,715,785 | ||||||
Topkey Corp.(a) |
325,000 | 1,633,137 | ||||||
Transcend Information, Inc.(a) |
875,479 | 2,108,528 | ||||||
Tripod Technology Corp.(a) |
3,041,928 | 12,174,045 | ||||||
TSRC Corp. |
725,000 | 818,408 | ||||||
Tung Ho Steel Enterprise Corp.(a) |
3,465,153 | 5,111,817 |
See Notes to Financial Statements.
48 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2021
Investments | Shares | Value | ||||||
TXC Corp.(a) |
673,549 | $ | 2,538,456 | |||||
TYC Brother Industrial Co., Ltd. |
780,000 | 558,533 | ||||||
U-Ming Marine Transport Corp.(a) |
2,980,420 | 7,338,591 | ||||||
Unitech Printed Circuit Board Corp.*(a) |
1,593,000 | 1,037,776 | ||||||
United Integrated Services Co., Ltd.(a) |
1,075,000 | 6,829,562 | ||||||
Universal Cement Corp.(a) |
2,597,000 | 1,980,806 | ||||||
USI Corp.(a) |
2,793,000 | 3,779,405 | ||||||
Visual Photonics Epitaxy Co., Ltd.(a) |
394,750 | 1,671,919 | ||||||
Wah Lee Industrial Corp.(a) |
1,166,580 | 3,412,583 | ||||||
Walsin Lihwa Corp.(a) |
4,558,000 | 4,122,740 | ||||||
Wan Hai Lines Ltd.(a) |
4,237,700 | 30,953,212 | ||||||
Wei Chuan Foods Corp.(a) |
1,808,000 | 1,421,195 | ||||||
Weikeng Industrial Co., Ltd.(a) |
1,653,431 | 1,679,514 | ||||||
Winbond Electronics Corp.(a) |
1,536,000 | 1,460,993 | ||||||
Wistron NeWeb Corp.(a) |
736,722 | 1,933,001 | ||||||
WPG Holdings Ltd.(a) |
5,915,058 | 10,297,027 | ||||||
WT Microelectronics Co., Ltd.(a) |
1,160,678 | 2,520,451 | ||||||
YC INOX Co., Ltd.(a) |
1,591,793 | 2,131,113 | ||||||
YFY, Inc.(a) |
5,400,000 | 6,619,048 | ||||||
Yulon Finance Corp.(a) |
973,675 | 5,696,561 | ||||||
ZongTai Real Estate Development Co., Ltd.(a) |
1,358,000 | 1,871,725 | ||||||
|
|
|||||||
Total Taiwan | 598,340,559 | |||||||
Thailand – 7.0% | ||||||||
AP Thailand PCL, NVDR |
8,374,500 | 2,017,206 | ||||||
Bangkok Chain Hospital PCL, NVDR |
3,039,600 | 1,922,490 | ||||||
Bangkok Commercial Asset Management PCL, NVDR(a) |
10,658,600 | 5,796,313 | ||||||
Bangkok Land PCL, NVDR |
49,042,614 | 1,565,421 | ||||||
Banpu Power PCL, NVDR |
4,081,800 | 2,135,300 | ||||||
BCPG PCL, NVDR |
3,791,412 | 1,535,166 | ||||||
Chularat Hospital PCL, NVDR(a) |
27,558,300 | 3,062,486 | ||||||
Com7 PCL, NVDR |
1,398,600 | 2,779,839 | ||||||
Dynasty Ceramic PCL, NVDR |
29,099,300 | 2,459,701 | ||||||
Eastern Polymer Group PCL, NVDR(a) |
5,531,400 | 1,847,342 | ||||||
Eastern Water Resources Development and Management PCL, NVDR |
3,878,200 | 1,129,016 | ||||||
GFPT PCL, NVDR |
1,794,100 | 657,510 | ||||||
Gunkul Engineering PCL, NVDR(a) |
33,983,900 | 4,881,388 | ||||||
Hana Microelectronics PCL, NVDR(a) |
2,048,300 | 4,782,494 | ||||||
Ichitan Group PCL, NVDR(a) |
3,360,600 | 1,102,487 | ||||||
Jay Mart PCL, NVDR(a) |
3,793,800 | 4,428,997 | ||||||
JMT Network Services PCL, NVDR(a) |
1,259,100 | 1,655,976 | ||||||
KCE Electronics PCL, NVDR |
1,730,700 | 4,028,155 | ||||||
MC Group PCL, NVDR(a) |
3,614,700 | 988,207 | ||||||
MCS Steel PCL, NVDR(a) |
3,045,500 | 1,296,149 | ||||||
Mega Lifesciences PCL, NVDR |
1,297,200 | 1,916,950 | ||||||
MK Restaurants Group PCL, NVDR(a) |
1,813,300 | 2,867,195 | ||||||
Noble Development PCL, NVDR(a) |
15,545,000 | 2,963,359 | ||||||
Origin Property PCL, NVDR |
5,651,900 | 1,670,430 | ||||||
Polyplex Thailand PCL, NVDR |
2,496,800 | 2,084,664 | ||||||
Prima Marine PCL, NVDR(a) |
4,460,700 | 850,348 | ||||||
Pruksa Holding PCL, NVDR |
5,087,900 | 1,954,860 | ||||||
PTG Energy PCL, NVDR(a) |
2,116,400 | 1,013,320 | ||||||
Quality Houses PCL, NVDR(a) |
49,601,900 | 3,195,866 | ||||||
Sabina PCL, NVDR(a) |
1,359,400 | 775,423 | ||||||
SC Asset Corp. PCL, NVDR |
21,523,400 | 2,048,333 | ||||||
Siam City Cement PCL, NVDR |
417,754 | 1,987,835 | ||||||
Siam Future Development PCL, NVDR |
5,231,300 | 1,839,884 | ||||||
Siamgas & Petrochemicals PCL, NVDR(a) |
4,502,900 | 1,969,644 | ||||||
Sino-Thai Engineering & Construction PCL, NVDR(a) |
2,808,800 | 1,128,999 | ||||||
SPCG PCL, NVDR |
6,231,600 | 3,186,247 | ||||||
Sri Trang Agro-Industry PCL, NVDR(a) |
1,696,500 | 1,679,703 | ||||||
Srisawad Corp. PCL, NVDR(a) |
2,585,600 | 4,814,328 | ||||||
Srisawad Finance PCL, NVDR |
1,093,800 | 1,058,725 | ||||||
Supalai PCL, NVDR(a) |
7,245,500 | 4,282,843 | ||||||
Super Energy Corp. PCL, NVDR(a) |
23,728,500 | 652,209 | ||||||
Synnex Thailand PCL, NVDR(a) |
1,407,400 | 965,027 | ||||||
Taokaenoi Food & Marketing PCL, NVDR |
1,896,980 | 367,230 | ||||||
Thai Union Group PCL, NVDR |
10,446,500 | 6,699,839 | ||||||
Thai Vegetable Oil PCL, NVDR(a) |
4,139,900 | 3,823,611 | ||||||
Thaifoods Group PCL, NVDR(a) |
8,738,500 | 1,157,041 | ||||||
Thanachart Capital PCL, NVDR(a) |
7,995,500 | 8,034,491 | ||||||
Tipco Asphalt PCL, NVDR(a) |
7,860,500 | 4,274,662 | ||||||
Tisco Financial Group PCL, NVDR(a) |
6,094,700 | 16,526,931 | ||||||
TPI Polene PCL, NVDR |
28,706,900 | 1,484,767 | ||||||
TPI Polene Power PCL, NVDR |
50,651,000 | 6,347,281 | ||||||
TQM Corp. PCL, NVDR(a) |
412,100 | 1,272,778 | ||||||
TTW PCL, NVDR |
15,998,500 | 5,579,498 | ||||||
Union Auction PCL, NVDR(a) |
1,571,400 | 431,920 | ||||||
VGI PCL, NVDR |
4,015,700 | 723,977 | ||||||
Vinythai PCL, NVDR |
2,376,900 | 2,634,365 | ||||||
WHA Corp. PCL, NVDR |
47,243,800 | 4,356,455 | ||||||
WHA Utilities and Power PCL, NVDR |
12,663,100 | 1,579,379 | ||||||
|
|
|||||||
Total Thailand | 160,272,060 | |||||||
Turkey – 1.6% | ||||||||
Agesa Hayat ve Emeklilik AS, Class A |
490,311 | 953,662 | ||||||
Aksa Akrilik Kimya Sanayii AS |
1,881,851 | 4,325,340 | ||||||
Aksigorta AS |
1,127,098 | 891,859 | ||||||
Alkim Alkali Kimya AS(a) |
636,274 | 1,163,080 | ||||||
Anadolu Anonim Turk Sigorta Sirketi |
1,831,666 | 1,239,082 | ||||||
Anadolu Hayat Emeklilik AS |
1,310,756 | 1,364,718 | ||||||
Aselsan Elektronik Sanayi ve Ticaret AS |
1 | 1 | ||||||
Celebi Hava Servisi AS(a) |
29,059 | 516,466 | ||||||
EGE Endustri VE Ticaret AS(a) |
6,338 | 824,687 | ||||||
Enerjisa Enerji AS(b) |
3,261,047 | 3,824,758 | ||||||
Is Yatirim Menkul Degerler AS, Class A |
1,146,960 | 1,711,871 | ||||||
Otokar Otomotiv Ve Savunma Sanayi AS |
62,803 | 2,274,813 | ||||||
TAV Havalimanlari Holding AS* |
1,802,437 | 5,331,687 | ||||||
Tofas Turk Otomobil Fabrikasi AS |
1,560,412 | 9,133,177 | ||||||
Turk Traktor ve Ziraat Makineleri AS |
51,091 | 932,770 | ||||||
Turkiye Sise ve Cam Fabrikalari AS |
1,560,089 | 1,438,178 | ||||||
|
|
|||||||
Total Turkey | 35,926,149 | |||||||
TOTAL COMMON
STOCKS (Cost: $1,790,787,727) |
2,275,696,568 |
See Notes to Financial Statements.
WisdomTree Trust | 49 |
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2021
Investments | Shares | Value | ||||||
WARRANTS – 0.0% | ||||||||
Thailand – 0.0% | ||||||||
Noble Development PCL, expiring 1/12/24*(a) |
||||||||
(Cost: $0) |
2,236,800 | $ | 75,364 | |||||
EXCHANGE-TRADED FUND – 0.1% | ||||||||
United States – 0.1% | ||||||||
WisdomTree Emerging Markets High Dividend Fund(d) |
||||||||
(Cost: $2,392,767) | 55,857 | 2,437,041 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.2% |
| |||||||
United States – 2.2% | ||||||||
State
Street Navigator Securities Lending |
| |||||||
(Cost: $49,648,262) | 49,648,262 | 49,648,262 | ||||||
TOTAL INVESTMENTS IN SECURITIES –
102.1% (Cost: $1,842,828,756) |
|
2,327,857,235 | ||||||
Other Assets less Liabilities – (2.1)% |
(48,753,060 | ) | ||||||
|
|
|||||||
NET ASSETS – 100.0% | $ | 2,279,104,175 |
* |
Non-income producing security. |
† |
Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $235,656, which represents 0.01% of net assets. |
(a) |
Security, or portion thereof, was on loan at September 30, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $414,426,506 and the total market value of the collateral held by the Fund was $449,214,946. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $399,566,684. |
(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) |
This security, or a portion thereof, is restricted from resale (see Note 2 – Restricted Securities). In accordance with a reconstruction scheme notified by the government of India applicable to Yes Bank Ltd., effective March 16, 2020, 75% of all shares of Yes Bank Ltd. held by then-existing shareholders are subject to a three-year lock-in period and are unable to be sold. At September 30, 2021, the value of the restricted portion of this security is as follows: |
Investment | Restricted Shares |
Acquisition Date |
Acquisition Cost |
Value |
Value as a of Net |
|||||||||||||||
India |
||||||||||||||||||||
Yes Bank |
5,997,912 | |
10/18/19 – 1/10/20 |
$ | 4,322,484 | $ | 1,014,096 | 0.0 | % |
(d) |
Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information. |
(e) |
Rate shown represents annualized 7-day yield as of September 30, 2021. |
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, 2021 were as follows:
Affiliate | Value at 3/31/2021 |
Purchases/ Additions |
Sales/ Reductions |
Realized Gain/(Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Value at 9/30/2021 |
Dividend Income |
|||||||||||||||||||||
WisdomTree Emerging Markets High Dividend Fund |
$ | 2,224,743 | $ | 30,098,425 | $ | 29,294,095 | $ | (589,499 | ) | $ | (2,533 | ) | $ | 2,437,041 | $ | 562,534 |
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 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 |
||||||||||||||||
China |
$ | 442,218,914 | $ | 1,125,736 | $ | 235,656 | * | $ | 443,580,306 | |||||||
Other |
1,832,116,262 | — | — | 1,832,116,262 | ||||||||||||
Warrants |
75,364 | — | — | 75,364 | ||||||||||||
Exchange-Traded Fund |
2,437,041 | — | — | 2,437,041 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 49,648,262 | — | 49,648,262 | ||||||||||||
Total Investments in Securities |
$ | 2,276,847,581 | $ | 50,773,998 | $ | 235,656 | $ | 2,327,857,235 |
* |
Security is being fair valued using significant unobservable inputs by the Pricing Committee. |
See Notes to Financial Statements.
50 | WisdomTree Trust |
Schedule of Investments (unaudited)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
September 30, 2021
Investments | Shares | Value | ||||||
COMMON STOCKS – 100.1% |
| |||||||
Australia – 6.4% |
| |||||||
Breville Group Ltd.(a) |
17,546 | $ | 368,697 | |||||
CSL Ltd. |
27,829 | 5,898,011 | ||||||
Domino’s Pizza Enterprises Ltd. |
15,018 | 1,740,711 | ||||||
Evolution Mining Ltd. |
425,197 | 1,071,923 | ||||||
Mineral Resources Ltd. |
69,896 | 2,262,430 | ||||||
Netwealth Group Ltd. |
15,079 | 158,592 | ||||||
Northern Star Resources Ltd.(a) |
61,862 | 379,831 | ||||||
Rio Tinto Ltd. |
210,499 | 15,232,770 | ||||||
WiseTech Global Ltd. |
3,012 | 116,727 | ||||||
|
|
|||||||
Total Australia |
|
27,229,692 | ||||||
Belgium – 0.1% | ||||||||
Melexis N.V. |
5,786 | 616,923 | ||||||
Brazil – 0.5% | ||||||||
Engie Brasil Energia S.A. |
122,848 | 844,553 | ||||||
Equatorial Energia S.A. |
101,285 | 471,210 | ||||||
Hapvida Participacoes e Investimentos S.A.(b) |
23,795 | 59,347 | ||||||
Localiza Rent a Car S.A. |
25,227 | 252,182 | ||||||
Lojas Renner S.A. |
39,938 | 252,283 | ||||||
Magazine Luiza S.A. |
51,449 | 135,400 | ||||||
|
|
|||||||
Total Brazil |
|
2,014,975 | ||||||
Canada – 7.6% | ||||||||
Alimentation Couche-Tard, Inc., Class B |
43,544 | 1,665,661 | ||||||
B2Gold Corp. |
65,710 | 224,592 | ||||||
Canadian National Railway Co.(a) |
106,567 | 12,347,085 | ||||||
Canadian Pacific Railway Ltd.(a) |
56,576 | 3,693,729 | ||||||
CCL Industries, Inc., Class B(a) |
21,717 | 1,124,549 | ||||||
CI Financial Corp. |
92,656 | 1,880,401 | ||||||
Constellation Software, Inc. |
722 | 1,182,590 | ||||||
Enghouse Systems Ltd.(a) |
135 | 5,922 | ||||||
Metro, Inc. |
31,827 | 1,554,859 | ||||||
Northland Power, Inc.(a) |
44,170 | 1,387,667 | ||||||
Restaurant Brands International, Inc. |
98,310 | 6,021,909 | ||||||
Toromont Industries Ltd.(a) |
10,124 | 844,939 | ||||||
|
|
|||||||
Total Canada |
|
31,933,903 | ||||||
China – 4.9% | ||||||||
A-Living Smart City Services Co., Ltd.(b) |
17,250 | 61,380 | ||||||
ANTA Sports Products Ltd. |
59,000 | 1,112,600 | ||||||
Ausnutria Dairy Corp., Ltd.*(a) |
70,000 | 72,296 | ||||||
China East Education Holdings Ltd.*(a)(b) |
53,500 | 55,186 | ||||||
China Feihe Ltd.(b) |
374,000 | 631,289 | ||||||
China Medical System Holdings Ltd. |
267,000 | 487,035 | ||||||
China Meidong Auto Holdings Ltd. |
34,000 | 170,772 | ||||||
China Overseas Property Holdings Ltd. |
160,000 | 132,774 | ||||||
Chow Tai Fook Jewellery Group Ltd. |
391,000 | 748,383 | ||||||
Country Garden Services Holdings Co., Ltd. |
17,000 | 134,303 | ||||||
CSPC Pharmaceutical Group Ltd. |
1,031,968 | 1,238,152 | ||||||
Dali Foods Group Co., Ltd.(b) |
721,000 | 435,305 | ||||||
ENN Energy Holdings Ltd. |
118,800 | 1,959,487 | ||||||
Fu Shou Yuan International Group Ltd. |
147,000 | 122,553 | ||||||
Greentown Service Group Co., Ltd.(a) |
134,000 | 144,592 | ||||||
Health & Happiness H&H International Holdings Ltd. |
70,500 | 168,085 | ||||||
Li Ning Co., Ltd. |
68,500 | 793,263 | ||||||
Logan Group Co., Ltd. |
271,000 | 283,370 | ||||||
Midea Real Estate Holding Ltd.(a)(b) |
156,400 | 269,217 | ||||||
S-Enjoy Service Group Co., Ltd.*(a) |
14,000 | 29,926 | ||||||
Seazen Group Ltd.* |
836,000 | 669,045 | ||||||
Shenzhou International Group Holdings Ltd. |
79,100 | 1,684,697 | ||||||
Sino Biopharmaceutical Ltd. |
205,875 | 170,843 | ||||||
SITC International Holdings Co., Ltd. |
405,000 | 1,454,112 | ||||||
Sunny Optical Technology Group Co., Ltd. |
21,200 | 557,733 | ||||||
Tencent Holdings Ltd. |
87,900 | 5,209,876 | ||||||
Topsports International Holdings Ltd.(b) |
191,000 | 218,366 | ||||||
WuXi AppTec Co., Ltd., Class H(b) |
6,640 | 155,324 | ||||||
Xinyi Solar Holdings Ltd. |
422,997 | 867,224 | ||||||
Yihai International Holding Ltd.*(a) |
3,000 | 16,706 | ||||||
Zhongliang Holdings Group Co., Ltd.(a) |
719,000 | 371,292 | ||||||
Zhongsheng Group Holdings Ltd. |
22,800 | 183,638 | ||||||
|
|
|||||||
Total China |
|
20,608,824 | ||||||
Denmark – 6.6% | ||||||||
Ambu A/S, Class B |
4,364 | 129,129 | ||||||
Coloplast A/S, Class B |
20,018 | 3,140,244 | ||||||
DSV A/S |
6,602 | 1,585,135 | ||||||
GN Store Nord A/S |
6,001 | 416,304 | ||||||
Novo Nordisk A/S, Class B |
196,858 | 19,065,719 | ||||||
Novozymes A/S, Class B |
25,525 | 1,750,440 | ||||||
Royal Unibrew A/S |
8,773 | 1,058,322 | ||||||
SimCorp A/S |
4,722 | 559,183 | ||||||
|
|
|||||||
Total Denmark |
|
27,704,476 | ||||||
Finland – 2.0% | ||||||||
Neste Oyj |
130,947 | 7,431,737 | ||||||
Orion Oyj, Class B |
24,745 | 982,229 | ||||||
|
|
|||||||
Total Finland |
|
8,413,966 | ||||||
France – 2.8% |
| |||||||
Gaztransport Et Technigaz S.A. |
12,356 | 927,219 | ||||||
Hermes International |
5,787 | 8,024,738 | ||||||
Sartorius Stedim Biotech |
1,412 | 791,545 | ||||||
Trigano S.A. |
2,789 | 525,574 | ||||||
Verallia S.A.(b) |
45,259 | 1,563,097 | ||||||
|
|
|||||||
Total France |
|
11,832,173 | ||||||
Germany – 1.1% | ||||||||
Bechtle AG |
7,388 | 507,746 | ||||||
CompuGroup Medical SE & Co. KgaA |
2,097 | 172,796 | ||||||
Dermapharm Holding SE |
5,024 | 485,602 | ||||||
Fuchs Petrolub SE |
11,873 | 434,547 | ||||||
Knorr-Bremse AG |
26,227 | 2,815,865 | ||||||
Softwareone Holding AG* |
10,124 | 223,024 | ||||||
|
|
|||||||
Total Germany |
|
4,639,580 | ||||||
Hong Kong – 0.1% | ||||||||
China Grand Pharmaceutical and Healthcare Holdings Ltd., Class A(a) |
157,000 | 125,243 | ||||||
Vitasoy International Holdings Ltd.(a) |
126,000 | 320,477 | ||||||
|
|
|||||||
Total Hong Kong |
|
445,720 |
See Notes to Financial Statements.
WisdomTree Trust | 51 |
Schedule of Investments (unaudited) (continued)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
September 30, 2021
Investments | Shares | Value | ||||||
India – 9.1% | ||||||||
Aarti Industries Ltd. |
10,462 | $ | 131,058 | |||||
Alembic Pharmaceuticals Ltd. |
3,469 | 36,878 | ||||||
Alkem Laboratories Ltd. |
1,182 | 63,390 | ||||||
Asian Paints Ltd. |
20,232 | 884,386 | ||||||
Aurobindo Pharma Ltd. |
10,935 | 106,776 | ||||||
Bajaj Auto Ltd. |
23,228 | 1,199,351 | ||||||
Balkrishna Industries Ltd. |
9,222 | 314,780 | ||||||
Bayer CropScience Ltd. |
794 | 56,672 | ||||||
Berger Paints India Ltd. |
938 | 10,223 | ||||||
Bharat Electronics Ltd. |
297,280 | 812,812 | ||||||
Cadila Healthcare Ltd. |
13,230 | 98,359 | ||||||
Colgate-Palmolive India Ltd. |
22,706 | 510,696 | ||||||
Coromandel International Ltd. |
15,853 | 169,673 | ||||||
Dabur India Ltd. |
31,747 | 263,911 | ||||||
Divi’s Laboratories Ltd. |
2,763 | 178,624 | ||||||
Dr. Reddy’s Laboratories Ltd. |
2,662 | 175,035 | ||||||
Eicher Motors Ltd. |
6,865 | 258,054 | ||||||
Endurance Technologies Ltd.(b) |
463 | 9,883 | ||||||
GAIL India Ltd. |
1,129,472 | 2,417,118 | ||||||
Havells India Ltd. |
11,568 | 213,991 | ||||||
HCL Technologies Ltd. |
51,260 | 883,631 | ||||||
HDFC Asset Management Co., Ltd.(b) |
6,959 | 272,688 | ||||||
Hero MotoCorp., Ltd. |
26,888 | 1,026,038 | ||||||
Hindustan Unilever Ltd. |
75,533 | 2,749,319 | ||||||
ICICI Lombard General Insurance Co., Ltd.(b) |
6,928 | 148,355 | ||||||
ICICI Securities Ltd.(b) |
15,470 | 158,050 | ||||||
Indraprastha Gas Ltd. |
24,389 | 175,161 | ||||||
Infosys Ltd. |
377,715 | 8,524,444 | ||||||
ITC Ltd. |
1,363,478 | 4,337,817 | ||||||
JSW Steel Ltd. |
91,881 | 827,242 | ||||||
Jubilant Foodworks Ltd. |
1,603 | 87,266 | ||||||
L&T Technology Services Ltd.(b) |
2,436 | 154,164 | ||||||
Larsen & Toubro Infotech Ltd.(b) |
3,059 | 237,588 | ||||||
Marico Ltd. |
84,870 | 625,999 | ||||||
Maruti Suzuki India Ltd. |
6,672 | 659,587 | ||||||
Mphasis Ltd. |
12,219 | 511,033 | ||||||
Muthoot Finance Ltd. |
11,465 | 224,010 | ||||||
Natco Pharma Ltd. |
6,577 | 78,997 | ||||||
Nestle India Ltd. |
666 | 174,474 | ||||||
Nippon Life India Asset Management Ltd.(b) |
33,687 | 193,039 | ||||||
NMDC Ltd. |
394,589 | 760,180 | ||||||
Page Industries Ltd. |
117 | 49,974 | ||||||
Petronet LNG Ltd. |
176,687 | 567,831 | ||||||
Pidilite Industries Ltd. |
9,357 | 300,265 | ||||||
Sanofi India Ltd. |
138 | 14,501 | ||||||
SRF Ltd. |
1,144 | 173,834 | ||||||
Sun TV Network Ltd. |
18,223 | 124,064 | ||||||
Supreme Industries Ltd. |
6,448 | 202,798 | ||||||
Tata Consultancy Services Ltd. |
68,725 | 3,495,668 | ||||||
Tech Mahindra Ltd. |
71,187 | 1,324,048 | ||||||
Titan Co., Ltd. |
6,072 | 176,845 | ||||||
Torrent Pharmaceuticals Ltd. |
1,868 | 77,649 | ||||||
Torrent Power Ltd. |
59,141 | 402,400 | ||||||
UPL Ltd. |
39,908 | 380,491 | ||||||
Varun Beverages Ltd. |
14,318 | 173,141 | ||||||
Voltas Ltd. |
11,139 | 182,788 | ||||||
Whirlpool of India Ltd. |
1,551 | 47,745 | ||||||
|
|
|||||||
Total India |
|
38,414,794 | ||||||
Indonesia – 1.4% | ||||||||
Mayora Indah Tbk PT |
374,300 | 61,719 | ||||||
Telkom Indonesia Persero Tbk PT |
20,556,900 | 5,299,910 | ||||||
Tower Bersama Infrastructure Tbk PT |
1,682,400 | 347,941 | ||||||
Unilever Indonesia Tbk PT |
496,800 | 137,108 | ||||||
|
|
|||||||
Total Indonesia |
|
5,846,678 | ||||||
Israel – 0.1% | ||||||||
Strauss Group Ltd. |
18,948 | 554,494 | ||||||
Italy – 1.3% | ||||||||
Carel Industries SpA(b) |
6,125 | 167,171 | ||||||
DiaSorin SpA |
1,500 | 315,263 | ||||||
Ferrari N.V. |
12,145 | 2,546,952 | ||||||
Interpump Group SpA |
7,968 | 517,133 | ||||||
Recordati Industria Chimica e Farmaceutica SpA(a) |
29,196 | 1,701,310 | ||||||
Reply SpA |
1,913 | 353,401 | ||||||
|
|
|||||||
Total Italy |
|
5,601,230 | ||||||
Japan – 13.9% | ||||||||
Advantest Corp. |
21,100 | 1,896,778 | ||||||
Asahi Intecc Co., Ltd.(a) |
9,300 | 255,891 | ||||||
Astellas Pharma, Inc. |
337,300 | 5,570,022 | ||||||
BayCurrent Consulting, Inc. |
500 | 254,537 | ||||||
Benefit One, Inc. |
16,200 | 766,623 | ||||||
Capcom Co., Ltd. |
27,500 | 765,292 | ||||||
Chugai Pharmaceutical Co., Ltd. |
127,800 | 4,699,649 | ||||||
CyberAgent, Inc. |
21,200 | 411,555 | ||||||
Daifuku Co., Ltd. |
6,700 | 631,719 | ||||||
Elecom Co., Ltd. |
10,600 | 170,341 | ||||||
Fancl Corp. |
11,600 | 385,194 | ||||||
Fast Retailing Co., Ltd. |
7,000 | 5,174,636 | ||||||
Food & Life Cos Ltd. |
3,900 | 180,363 | ||||||
GMO Payment Gateway, Inc. |
3,300 | 419,395 | ||||||
Goldwin, Inc.(a) |
3,200 | 209,079 | ||||||
GungHo Online Entertainment, Inc. |
13,300 | 244,603 | ||||||
Hoya Corp. |
20,000 | 3,132,422 | ||||||
Infocom Corp. |
1,600 | 34,244 | ||||||
Infomart Corp. |
5,900 | 53,672 | ||||||
IR Japan Holdings Ltd. |
100 | 11,087 | ||||||
Kakaku.com, Inc.(a) |
31,000 | 1,007,170 | ||||||
Kaken Pharmaceutical Co., Ltd. |
4,100 | 168,850 | ||||||
Katitas Co., Ltd. |
5,700 | 202,559 | ||||||
Kobe Bussan Co., Ltd.(a) |
9,200 | 301,376 | ||||||
Kose Corp. |
8,100 | 971,347 | ||||||
Kusuri no Aoki Holdings Co., Ltd.(a) |
600 | 41,353 | ||||||
Lasertec Corp. |
3,900 | 894,475 | ||||||
M3, Inc. |
8,100 | 580,194 | ||||||
Maruwa Unyu Kikan Co., Ltd.(a) |
3,400 | 48,939 |
See Notes to Financial Statements.
52 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
September 30, 2021
Investments | Shares | Value | ||||||
MonotaRO Co., Ltd. |
21,000 | $ | 475,053 | |||||
Nexon Co., Ltd. |
8,500 | 137,661 | ||||||
Nifco, Inc. |
19,800 | 618,445 | ||||||
Nihon M&A Center, Inc. |
20,200 | 596,540 | ||||||
Obic Co., Ltd. |
7,100 | 1,359,866 | ||||||
Oracle Corp. |
12,900 | 1,135,362 | ||||||
Otsuka Corp. |
32,400 | 1,666,825 | ||||||
Pigeon Corp. |
13,200 | 307,596 | ||||||
Seria Co., Ltd. |
9,900 | 346,933 | ||||||
Shionogi & Co., Ltd. |
38,800 | 2,661,664 | ||||||
Sysmex Corp. |
8,800 | 1,098,669 | ||||||
TechnoPro Holdings, Inc. |
16,400 | 497,549 | ||||||
Toei Animation Co., Ltd.(a) |
3,600 | 665,956 | ||||||
Tokyo Electron Ltd.(a) |
31,200 | 13,889,348 | ||||||
Workman Co., Ltd.(a) |
4,000 | 253,462 | ||||||
Yamaha Corp. |
24,800 | 1,567,018 | ||||||
Yaskawa Electric Corp. |
21,200 | 1,026,036 | ||||||
ZOZO, Inc. |
30,452 | 1,144,935 | ||||||
|
|
|||||||
Total Japan |
|
58,932,283 | ||||||
Malaysia – 0.2% | ||||||||
Hartalega Holdings Bhd |
34,200 | 50,240 | ||||||
Press Metal Aluminium Holdings Bhd |
282,600 | 387,466 | ||||||
Top Glove Corp. Bhd |
136,000 | 93,558 | ||||||
Westports Holdings Bhd |
135,200 | 145,324 | ||||||
|
|
|||||||
Total Malaysia |
|
676,588 | ||||||
Mexico – 0.7% | ||||||||
Gruma S.A.B. de C.V., Class B |
32,796 | 377,215 | ||||||
Kimberly-Clark de Mexico S.A.B. de C.V., Class A |
490,841 | 812,075 | ||||||
Wal-Mart de Mexico S.A.B. de C.V. |
578,253 | 1,973,905 | ||||||
|
|
|||||||
Total Mexico |
|
3,163,195 | ||||||
Netherlands – 5.3% | ||||||||
ASML Holding N.V. |
26,303 | 19,689,526 | ||||||
BE Semiconductor Industries N.V. |
15,387 | 1,224,397 | ||||||
Euronext N.V.(b) |
11,981 | 1,356,602 | ||||||
|
|
|||||||
Total Netherlands |
|
22,270,525 | ||||||
Russia – 0.8% | ||||||||
Mobile TeleSystems PJSC, ADR |
251,592 | 2,425,347 | ||||||
Polyus PJSC, GDR(c) |
10,431 | 857,428 | ||||||
|
|
|||||||
Total Russia |
|
3,282,775 | ||||||
Singapore – 0.6% | ||||||||
Singapore Exchange Ltd. |
336,900 | 2,476,622 | ||||||
South Africa – 0.4% | ||||||||
Anglo American Platinum Ltd. |
9,289 | 805,362 | ||||||
AngloGold Ashanti Ltd. |
11,544 | 182,402 | ||||||
SPAR Group Ltd. (The) |
54,159 | 707,073 | ||||||
|
|
|||||||
Total South Africa |
|
1,694,837 | ||||||
South Korea – 1.2% | ||||||||
Douzone Bizon Co., Ltd. |
788 | 63,958 | ||||||
LG Household & Health Care Ltd. |
512 | 578,162 | ||||||
NCSoft Corp. |
871 | 443,592 | ||||||
SK Hynix, Inc. |
40,826 | 3,551,586 |
Investments | Shares | Value | ||||||
SK Materials Co., Ltd. |
715 | $ | 250,492 | |||||
|
|
|||||||
Total South Korea |
|
4,887,790 | ||||||
Sweden – 2.5% | ||||||||
AddTech AB, Class B |
8,935 | 159,325 | ||||||
Atlas Copco AB, Class B |
72,519 | 3,717,733 | ||||||
Beijer Ref AB |
33,691 | 671,621 | ||||||
Epiroc AB, Class B |
56,244 | 1,001,952 | ||||||
EQT AB |
50,043 | 2,093,574 | ||||||
Evolution AB(b) |
11,806 | 1,801,017 | ||||||
Lifco AB, Class B |
34,227 | 923,304 | ||||||
Mycronic AB |
7,598 | 189,677 | ||||||
|
|
|||||||
Total Sweden |
|
10,558,203 | ||||||
Switzerland – 12.3% | ||||||||
Givaudan S.A., Registered Shares |
1,299 | 5,934,864 | ||||||
Logitech International S.A., Registered Shares(a) |
19,352 | 1,727,231 | ||||||
Partners Group Holding AG |
7,418 | 11,661,572 | ||||||
Roche Holding AG |
40,158 | 14,720,510 | ||||||
Roche Holding AG, Bearer Shares |
25,526 | 10,518,512 | ||||||
Schindler Holding AG, Participation Certificate |
6,212 | 1,672,782 | ||||||
SFS Group AG |
6,586 | 898,043 | ||||||
Sika AG, Registered Shares(a) |
14,246 | 4,532,575 | ||||||
Temenos AG, Registered Shares |
3,047 | 415,151 | ||||||
|
|
|||||||
Total Switzerland |
|
52,081,240 | ||||||
Taiwan – 8.1% | ||||||||
Accton Technology Corp. |
101,000 | 953,429 | ||||||
Advantech Co., Ltd. |
59,496 | 779,456 | ||||||
ASMedia Technology, Inc. |
1,000 | 59,941 | ||||||
Eclat Textile Co., Ltd. |
46,283 | 1,008,373 | ||||||
Feng TAY Enterprise Co., Ltd. |
91,620 | 707,033 | ||||||
Genius Electronic Optical Co., Ltd. |
8,000 | 118,304 | ||||||
Hiwin Technologies Corp. |
13,792 | 153,214 | ||||||
Largan Precision Co., Ltd.(a) |
17,000 | 1,336,301 | ||||||
Macronix International Co., Ltd.(a) |
521,000 | 689,106 | ||||||
Micro-Star International Co., Ltd. |
144,000 | 669,335 | ||||||
momo.com, Inc. |
2,600 | 151,182 | ||||||
Nanya Technology Corp. |
251,000 | 593,704 | ||||||
Nien Made Enterprise Co., Ltd. |
32,000 | 454,837 | ||||||
Novatek Microelectronics Corp.(a) |
108,000 | 1,589,347 | ||||||
President Chain Store Corp. |
167,000 | 1,678,362 | ||||||
Realtek Semiconductor Corp. |
69,000 | 1,227,168 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. |
936,000 | 19,485,652 | ||||||
Voltronic Power Technology Corp. |
7,000 | 429,641 | ||||||
Walsin Technology Corp.* |
67,000 | 367,940 | ||||||
Wiwynn Corp. |
13,000 | 405,951 | ||||||
Yageo Corp.(a) |
93,000 | 1,477,091 | ||||||
|
|
|||||||
Total Taiwan | 34,335,367 | |||||||
Thailand – 0.2% | ||||||||
Carabao Group PCL, NVDR |
51,900 | 184,070 | ||||||
Delta Electronics Thailand PCL, NVDR |
31,800 | 441,732 | ||||||
Muangthai Capital PCL, NVDR |
55,400 | 95,376 | ||||||
|
|
|||||||
Total Thailand | 721,178 |
See Notes to Financial Statements.
WisdomTree Trust | 53 |
Schedule of Investments (unaudited) (continued)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
September 30, 2021
Investments | Shares | Value | ||||||
Turkey – 0.3% | ||||||||
Aselsan Elektronik Sanayi ve Ticaret AS |
37,007 | $ | 63,065 | |||||
Eregli Demir ve Celik Fabrikalari T.A.S. |
330,486 | 619,365 | ||||||
Ford Otomotiv Sanayi AS |
18,733 | 352,341 | ||||||
Turkcell Iletisim Hizmetleri AS |
240,283 | 414,614 | ||||||
|
|
|||||||
Total Turkey | 1,449,385 | |||||||
United Kingdom – 9.6% | ||||||||
AJ Bell PLC |
22,814 | 122,738 | ||||||
Ashmore Group PLC |
313,651 | 1,440,436 | ||||||
Bunzl PLC |
59,736 | 1,977,381 | ||||||
Games Workshop Group PLC |
4,190 | 580,213 | ||||||
Gamma Communications PLC |
4,390 | 108,322 | ||||||
Halma PLC |
30,237 | 1,158,685 | ||||||
HomeServe PLC |
65,534 | 799,242 | ||||||
IMI PLC |
80,463 | 1,800,972 | ||||||
RELX PLC |
515,895 | 14,934,687 | ||||||
Unilever PLC |
326,162 | 17,613,215 | ||||||
|
|
|||||||
Total United Kingdom | 40,535,891 | |||||||
TOTAL COMMON
STOCKS (Cost: $344,105,245) |
422,923,307 | |||||||
EXCHANGE-TRADED FUNDS – 0.1% | ||||||||
United States – 0.1% | ||||||||
WisdomTree Emerging Markets High Dividend Fund(d) |
1,979 | 86,344 | ||||||
WisdomTree International Equity Fund(d) |
2,411 | 127,469 | ||||||
TOTAL
EXCHANGE-TRADED FUNDS (Cost: $219,088) |
213,813 | |||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.8% |
| |||||||
United States – 7.8% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(e) |
||||||||
(Cost: $33,011,559) | 33,011,559 | 33,011,559 | ||||||
TOTAL INVESTMENTS IN SECURITIES –
108.0% (Cost: $377,335,892) |
|
456,148,679 | ||||||
Other Assets less Liabilities – (8.0)% |
|
(33,617,877 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% | $ | 422,530,802 |
* |
Non-income producing security. |
(a) |
Security, or portion thereof, was on loan at September 30, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $39,685,079 and the total market value of the collateral held by the Fund was $42,037,502. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $9,025,943. |
(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) |
This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. |
(d) |
Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information. |
(e) |
Rate shown represents annualized 7-day yield as of September 30, 2021. |
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, 2021 were as follows:
Affiliate | Value at 3/31/2021 |
Purchases/ Additions |
Sales/ Reductions |
Realized Gain/(Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Value at 9/30/2021 |
Dividend Income |
|||||||||||||||||||||
WisdomTree Emerging Markets High Dividend Fund |
$ | 55,849 | $ | 981,204 | $ | 931,534 | $ | (18,224 | ) | $ | (951 | ) | $ | 86,344 | $ | 20,473 | ||||||||||||
WisdomTree International Equity Fund |
82,296 | 1,473,471 | 1,391,943 | (31,984 | ) | (4,371 | ) | 127,469 | 16,651 | |||||||||||||||||||
Total |
$ | 138,145 | $ | 2,454,675 | $ | 2,323,477 | $ | (50,208 | ) | $ | (5,322 | ) | $ | 213,813 | $ | 37,124 |
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 N.A. |
10/1/2021 | 63,727 | USD | 81,298 | CAD | $ | — | $ | (446 | ) | ||||||||||||||||||
Canadian Imperial Bank of Commerce |
10/1/2021 | 47,891 | USD | 66,739 | AUD | — | (318 | ) | ||||||||||||||||||||
HSBC Holdings PLC |
10/4/2021 | 20,070 | USD | 156,255 | HKD | — | (2 | ) | ||||||||||||||||||||
UBS AG |
10/1/2021 | 18,006 | USD | 16,832 | CHF | — | (38 | ) | ||||||||||||||||||||
$ | — | $ | (804 | ) |
See Notes to Financial Statements.
54 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
September 30, 2021
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 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 |
$ | 422,923,307 | $ | — | $ | — | $ | 422,923,307 | ||||||||
Exchange-Traded Funds |
213,813 | — | — | 213,813 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 33,011,559 | — | 33,011,559 | ||||||||||||
Total Investments in Securities |
$ | 423,137,120 | $ | 33,011,559 | $ | — | $ | 456,148,679 | ||||||||
Liabilities: |
||||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (804 | ) | $ | — | $ | (804 | ) | ||||||
Total – Net |
$ | 423,137,120 | $ | 33,010,755 | $ | — | $ | 456,147,875 |
1 |
Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
WisdomTree Trust | 55 |
Schedule of Investments (unaudited)
WisdomTree Global ex-U.S. Real Estate Fund (DRW)
September 30, 2021
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.4% |
| |||||||
Australia – 10.6% |
| |||||||
Abacus Property Group(a) |
42,744 | $ | 109,610 | |||||
BWP Trust |
44,734 | 129,255 | ||||||
Centuria Industrial REIT |
44,568 | 120,083 | ||||||
Charter Hall Group |
28,410 | 351,952 | ||||||
Charter Hall Long Wale REIT |
51,428 | 183,516 | ||||||
Charter Hall Retail REIT |
67,036 | 193,694 | ||||||
Cromwell Property Group |
344,935 | 199,331 | ||||||
Dexus |
132,086 | 1,030,454 | ||||||
Goodman Group |
86,938 | 1,361,497 | ||||||
Growthpoint Properties Australia Ltd.(a) |
39,523 | 117,909 | ||||||
Ingenia Communities Group |
21,169 | 101,535 | ||||||
Mirvac Group |
355,336 | 767,464 | ||||||
Shopping Centres Australasia Property Group |
121,434 | 236,838 | ||||||
Stockland |
316,035 | 1,022,730 | ||||||
Waypoint REIT |
136,519 | 271,190 | ||||||
|
|
|||||||
Total Australia |
|
6,197,058 | ||||||
Austria – 0.4% | ||||||||
CA Immobilien Anlagen AG |
5,634 | 238,328 | ||||||
Belgium – 2.4% | ||||||||
Aedifica S.A. |
2,645 | 330,453 | ||||||
Befimmo S.A. |
2,407 | 96,659 | ||||||
Cofinimmo S.A. |
3,784 | 574,496 | ||||||
Warehouses De Pauw CVA |
10,386 | 421,290 | ||||||
|
|
|||||||
Total Belgium |
|
1,422,898 | ||||||
Canada – 3.7% | ||||||||
Allied Properties Real Estate Investment Trust |
6,520 | 206,997 | ||||||
Altus Group Ltd.(a) |
1,606 | 78,345 | ||||||
Canadian Apartment Properties REIT |
5,848 | 272,862 | ||||||
Choice Properties Real Estate Investment Trust |
30,016 | 337,631 | ||||||
CT Real Estate Investment Trust |
9,992 | 134,320 | ||||||
Dream Industrial Real Estate Investment Trust |
10,208 | 130,536 | ||||||
First Capital Real Estate Investment Trust |
14,025 | 193,738 | ||||||
FirstService Corp. |
588 | 106,289 | ||||||
Granite Real Estate Investment Trust |
2,189 | 155,650 | ||||||
InterRent Real Estate Investment Trust |
6,005 | 79,302 | ||||||
Killam Apartment Real Estate Investment Trust |
6,789 | 113,878 | ||||||
NorthWest Healthcare Properties Real Estate Investment Trust |
11,328 | 115,440 | ||||||
Summit Industrial Income REIT |
6,642 | 109,263 | ||||||
Tricon Residential, Inc.(a) |
11,339 | 151,264 | ||||||
|
|
|||||||
Total Canada |
|
2,185,515 | ||||||
Chile – 0.2% | ||||||||
Cencosud Shopping S.A. |
50,142 | 58,649 | ||||||
Parque Arauco S.A.* |
37,706 | 38,370 | ||||||
|
|
|||||||
Total Chile |
|
97,019 | ||||||
China – 15.4% | ||||||||
Agile Group Holdings Ltd.(a) |
410,000 | 383,421 | ||||||
C&D International Investment Group Ltd.(a) |
54,000 | 103,357 | ||||||
Central China Real Estate Ltd.(a) |
262,000 | 50,484 | ||||||
China Aoyuan Group Ltd.(a) |
232,000 | 122,487 | ||||||
China Jinmao Holdings Group Ltd. |
695,000 | 249,979 | ||||||
China Overseas Grand Oceans Group Ltd. |
205,000 | 125,613 | ||||||
China Overseas Land & Investment Ltd. |
431,049 | 982,293 | ||||||
China Resources Land Ltd. |
326,000 | 1,375,669 | ||||||
China SCE Group Holdings Ltd.(a) |
278,000 | 97,492 | ||||||
China Vanke Co., Ltd., Class H |
173,400 | 474,449 | ||||||
CIFI Holdings Group Co., Ltd. |
521,900 | 355,324 | ||||||
Country Garden Holdings Co., Ltd.(a) |
1,015,972 | 1,050,603 | ||||||
Dexin China Holdings Co., Ltd.*(a) |
182,000 | 65,228 | ||||||
Greentown China Holdings Ltd.(a) |
34,500 | 52,207 | ||||||
Hopson Development Holdings Ltd. |
70,800 | 251,926 | ||||||
Jiayuan International Group Ltd.(a) |
140,000 | 54,672 | ||||||
Kaisa Group Holdings Ltd.*(a) |
140,000 | 38,126 | ||||||
KWG Group Holdings Ltd. |
338,000 | 330,417 | ||||||
Logan Group Co., Ltd. |
142,000 | 148,482 | ||||||
Longfor Group Holdings Ltd.(b) |
171,000 | 788,590 | ||||||
Midea Real Estate Holding Ltd.(a)(b) |
53,600 | 92,264 | ||||||
Powerlong Real Estate Holdings Ltd. |
202,000 | 151,799 | ||||||
Redsun Properties Group Ltd.(a) |
154,000 | 47,676 | ||||||
Seazen Group Ltd.* |
222,000 | 177,665 | ||||||
Shenzhen Investment Ltd. |
440,000 | 110,782 | ||||||
Shimao Group Holdings Ltd.(a) |
122,000 | 223,481 | ||||||
Sunac China Holdings Ltd.(a) |
252,271 | 537,943 | ||||||
Times China Holdings Ltd. |
158,000 | 131,317 | ||||||
Yanlord Land Group Ltd. |
105,600 | 86,341 | ||||||
Yuexiu Property Co., Ltd. |
179,800 | 169,068 | ||||||
Yuzhou Group Holdings Co., Ltd.(a) |
479,381 | 70,817 | ||||||
Zhenro Properties Group Ltd.(a) |
104,700 | 57,161 | ||||||
Zhongliang Holdings Group Co., Ltd.(a) |
127,500 | 65,841 | ||||||
|
|
|||||||
Total China |
|
9,022,974 | ||||||
Finland – 0.3% | ||||||||
Kojamo Oyj |
7,517 | 156,029 | ||||||
France – 2.2% |
| |||||||
Cromwell European Real Estate Investment Trust(a) |
48,760 | 147,492 | ||||||
Gecina S.A. |
5,595 | 755,748 | ||||||
Nexity S.A. |
8,254 | 394,118 | ||||||
|
|
|||||||
Total France |
|
1,297,358 | ||||||
Germany – 10.7% | ||||||||
alstria office REIT AG |
27,144 | 494,214 | ||||||
Deutsche Wohnen SE, Bearer Shares |
24,234 | 1,486,311 | ||||||
LEG Immobilien SE |
6,478 | 917,438 | ||||||
PATRIZIA AG* |
1,092 | 28,918 | ||||||
TAG Immobilien AG |
14,720 | 431,953 | ||||||
Vonovia SE |
48,611 | 2,923,927 | ||||||
|
|
|||||||
Total Germany |
|
6,282,761 | ||||||
Hong Kong – 13.0% | ||||||||
Champion REIT |
296,000 | 155,136 | ||||||
Hang Lung Group Ltd. |
82,649 | 193,016 | ||||||
Hang Lung Properties Ltd. |
151,283 | 345,139 | ||||||
Henderson Land Development Co., Ltd. |
184,915 | 709,051 | ||||||
Hui Xian Real Estate Investment Trust |
452,634 | 105,199 | ||||||
Hysan Development Co., Ltd. |
79,115 | 257,631 | ||||||
Kowloon Development Co., Ltd. |
69,000 | 76,670 |
See Notes to Financial Statements.
56 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Global ex-U.S. Real Estate Fund (DRW)
September 30, 2021
Investments | Shares | Value | ||||||
Link REIT |
215,914 | $ | 1,851,369 | |||||
New World Development Co., Ltd. |
169,013 | 691,497 | ||||||
Sino Land Co., Ltd. |
369,735 | 497,752 | ||||||
Sun Hung Kai Properties Ltd. |
173,310 | 2,168,420 | ||||||
Swire Properties Ltd. |
102,941 | 258,124 | ||||||
Wharf Holdings Ltd. (The) |
56,872 | 188,851 | ||||||
Yuexiu Real Estate Investment Trust |
223,900 | 105,268 | ||||||
|
|
|||||||
Total Hong Kong |
|
7,603,123 | ||||||
India – 0.1% | ||||||||
Embassy Office Parks REIT |
15,098 | 68,967 | ||||||
Israel – 1.2% | ||||||||
Alony Hetz Properties & Investments Ltd. |
11,560 | 177,728 | ||||||
Amot Investments Ltd. |
33,418 | 236,484 | ||||||
Azrieli Group Ltd. |
1,649 | 148,894 | ||||||
Mivne Real Estate KD Ltd. |
31,036 | 109,188 | ||||||
|
|
|||||||
Total Israel |
|
672,294 | ||||||
Japan – 15.3% | ||||||||
Aeon Mall Co., Ltd. |
5,430 | 83,950 | ||||||
Daito Trust Construction Co., Ltd.(a) |
14,500 | 1,694,645 | ||||||
Daiwa House Industry Co., Ltd. |
51,400 | 1,722,470 | ||||||
GLP J-REIT |
281 | 461,386 | ||||||
Heiwa Real Estate Co., Ltd. |
2,300 | 79,879 | ||||||
Hulic Co., Ltd. |
37,900 | 423,923 | ||||||
Ichigo, Inc. |
12,800 | 42,447 | ||||||
Invesco Office J-REIT, Inc. |
1,179 | 239,868 | ||||||
Japan Metropolitan Fund Invest |
623 | 599,130 | ||||||
Katitas Co., Ltd. |
1,000 | 35,536 | ||||||
Mitsubishi Estate Co., Ltd. |
57,189 | 912,615 | ||||||
Mitsui Fudosan Co., Ltd. |
50,308 | 1,202,748 | ||||||
Nomura Real Estate Holdings, Inc. |
10,365 | 271,074 | ||||||
Open House Co., Ltd. |
5,300 | 314,461 | ||||||
Relo Group, Inc. |
3,700 | 77,001 | ||||||
Starts Corp., Inc. |
2,600 | 62,102 | ||||||
Sumitomo Realty & Development Co., Ltd. |
13,479 | 493,737 | ||||||
Tokyo Tatemono Co., Ltd. |
16,600 | 263,934 | ||||||
|
|
|||||||
Total Japan |
|
8,980,906 | ||||||
Malaysia – 0.4% | ||||||||
IGB Real Estate Investment Trust |
145,100 | 58,574 | ||||||
KLCCP Stapled Group |
53,600 | 83,092 | ||||||
Sunway Real Estate Investment Trust |
201,596 | 67,415 | ||||||
|
|
|||||||
Total Malaysia |
|
209,081 | ||||||
Mexico – 0.4% | ||||||||
PLA Administradora Industrial S de RL de C.V. |
103,695 | 152,329 | ||||||
Prologis Property Mexico S.A. de C.V. |
46,057 | 100,478 | ||||||
|
|
|||||||
Total Mexico |
|
252,807 | ||||||
Norway – 0.8% | ||||||||
Entra ASA(b) |
20,789 | 446,537 | ||||||
Philippines – 0.3% | ||||||||
Robinsons Land Corp. |
150,247 | 47,127 | ||||||
SM Prime Holdings, Inc. |
185,375 | 119,016 | ||||||
|
|
|||||||
Total Philippines |
|
166,143 | ||||||
Singapore – 8.5% | ||||||||
Ascendas India Trust |
119,500 | 125,873 | ||||||
Ascendas Real Estate Investment Trust |
330,736 | 730,854 | ||||||
Ascott Residence Trust |
248,688 | 169,443 | ||||||
CapitaLand Integrated Commercial Trust |
449,698 | 672,427 | ||||||
Capitaland Investment Ltd.* |
223,689 | 560,211 | ||||||
City Developments Ltd. |
19,403 | 98,759 | ||||||
Frasers Centrepoint Trust |
49,618 | 82,965 | ||||||
Frasers Logistics & Commercial Trust |
91,600 | 102,557 | ||||||
Keppel DC REIT |
90,504 | 165,329 | ||||||
Keppel REIT |
210,600 | 164,434 | ||||||
Manulife US Real Estate Investment Trust |
224,072 | 156,850 | ||||||
Mapletree Commercial Trust |
132,720 | 202,365 | ||||||
Mapletree Industrial Trust |
180,709 | 370,044 | ||||||
Mapletree Logistics Trust |
322,475 | 484,568 | ||||||
Mapletree North Asia Commercial Trust |
241,700 | 171,804 | ||||||
OUE Commercial Real Estate Investment Trust |
237,300 | 79,531 | ||||||
Parkway Life Real Estate Investment Trust |
50,100 | 171,601 | ||||||
SPH REIT(a) |
108,400 | 75,056 | ||||||
Suntec Real Estate Investment Trust |
269,528 | 281,916 | ||||||
UOL Group Ltd. |
22,800 | 115,209 | ||||||
|
|
|||||||
Total Singapore | 4,981,796 | |||||||
Spain – 0.9% | ||||||||
Inmobiliaria Colonial Socimi S.A. |
16,598 | 161,200 | ||||||
Merlin Properties Socimi S.A.(a) |
38,228 | 393,068 | ||||||
|
|
|||||||
Total Spain | 554,268 | |||||||
Sweden – 3.1% | ||||||||
Atrium Ljungberg AB, Class B |
5,885 | 123,639 | ||||||
Castellum AB(a) |
24,857 | 609,453 | ||||||
Catena AB |
1,906 | 103,268 | ||||||
Fabege AB(a) |
17,212 | 260,682 | ||||||
Hufvudstaden AB, Class A |
9,091 | 136,232 | ||||||
Kungsleden AB |
13,239 | 174,784 | ||||||
Samhallsbyggnadsbolaget i Norden AB(a) |
21,516 | 119,231 | ||||||
Wallenstam AB, Class B |
3,985 | 59,124 | ||||||
Wihlborgs Fastigheter AB |
11,805 | 235,329 | ||||||
|
|
|||||||
Total Sweden | 1,821,742 | |||||||
Switzerland – 3.1% | ||||||||
Allreal Holding AG, Registered Shares |
1,639 | 325,042 | ||||||
PSP Swiss Property AG, Registered Shares |
3,125 | 377,204 | ||||||
Swiss Prime Site AG, Registered Shares |
11,547 | 1,131,367 | ||||||
|
|
|||||||
Total Switzerland | 1,833,613 | |||||||
Taiwan – 0.5% | ||||||||
Farglory Land Development Co., Ltd. |
81,000 | 168,917 | ||||||
Ruentex Development Co., Ltd. |
53,200 | 109,606 | ||||||
|
|
|||||||
Total Taiwan | 278,523 | |||||||
Thailand – 0.5% | ||||||||
Central Pattana PCL, NVDR |
63,974 | 100,211 | ||||||
Supalai PCL, NVDR |
143,300 | 84,705 | ||||||
WHA Corp. PCL, NVDR |
967,100 | 89,178 | ||||||
|
|
|||||||
Total Thailand | 274,094 |
See Notes to Financial Statements.
WisdomTree Trust | 57 |
Schedule of Investments (unaudited) (concluded)
WisdomTree Global ex-U.S. Real Estate Fund (DRW)
September 30, 2021
Investments | Shares | Value | ||||||
United Kingdom – 5.4% | ||||||||
Assura PLC |
300,883 | $ | 290,275 | |||||
Big Yellow Group PLC |
11,170 | 210,102 | ||||||
CLS Holdings PLC |
12,562 | 37,772 | ||||||
Grainger PLC |
22,504 | 92,547 | ||||||
Great Portland Estates PLC |
13,110 | 131,958 | ||||||
Londonmetric Property PLC |
70,452 | 227,226 | ||||||
Primary Health Properties PLC |
86,339 | 175,671 | ||||||
Safestore Holdings PLC |
15,551 | 219,956 | ||||||
Secure Income REIT PLC |
39,551 | 222,380 | ||||||
Segro PLC |
57,389 | 924,697 | ||||||
Tritax Big Box REIT PLC |
150,108 | 430,298 | ||||||
Workspace Group PLC |
18,116 | 201,520 | ||||||
|
|
|||||||
Total United Kingdom | 3,164,402 | |||||||
TOTAL COMMON
STOCKS (Cost: $55,019,889) |
58,208,236 | |||||||
RIGHTS – 0.0% | ||||||||
Austria – 0.0% | ||||||||
CA Immobilien Anlagen AG*† (Cost: $0) |
5,761 | 0 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.5% |
| |||||||
United States – 3.5% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(c) |
||||||||
(Cost: $2,081,116) | 2,081,116 | 2,081,116 | ||||||
TOTAL INVESTMENTS IN SECURITIES –
102.9% (Cost: $57,101,005) |
|
60,289,352 | ||||||
Other Assets less Liabilities – (2.9)% |
|
(1,723,494 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% | $ | 58,565,858 |
* |
Non-income producing security. |
† |
Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets. |
(a) |
Security, or portion thereof, was on loan at September 30, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $5,639,804 and the total market value of the collateral held by the Fund was $6,017,553. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $3,936,437. |
(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, 2021. |
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 Montreal |
10/1/2021 | 8,354 | USD | 73,573 | SEK | $ | — | $ | (56 | ) | ||||||||||||||||||
Standard Chartered Bank |
10/4/2021 | 13,817 | USD | 107,576 | HKD | — | (2 | ) | ||||||||||||||||||||
State Street Bank and Trust |
10/4/2021 | 5,948 | USD | 4,841,308 | CLP | — | (12 | ) | ||||||||||||||||||||
State Street Bank and Trust |
10/4/2021 | 5,922 | USD | 301,125 | PHP | 19 | — | |||||||||||||||||||||
$ | 19 | $ | (70 | ) |
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 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 |
$ | 58,208,236 | $ | — | $ | — | $ | 58,208,236 | ||||||||
Rights |
— | — | 0 | * | 0 | |||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 2,081,116 | — | 2,081,116 | ||||||||||||
Total Investments in Securities |
$ | 58,208,236 | $ | 2,081,116 | $ | 0 | $ | 60,289,352 | ||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | 19 | $ | — | $ | 19 | ||||||||
Liabilities: |
||||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (70 | ) | $ | — | $ | (70 | ) | ||||||
Total – Net |
$ | 58,208,236 | $ | 2,081,065 | $ | 0 | $ | 60,289,301 |
* |
Security is being fair valued using significant unobservable inputs by the Pricing Committee. |
1 |
Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
58 | WisdomTree Trust |
Schedule of Investments (unaudited)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2021
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.5% |
| |||||||
Australia – 3.7% |
| |||||||
AGL Energy Ltd.(a) |
2,969 | $ | 12,396 | |||||
Alumina Ltd. |
12,123 | 18,390 | ||||||
APA Group(a) |
3,400 | 21,416 | ||||||
Aurizon Holdings Ltd. |
7,622 | 20,867 | ||||||
AusNet Services Ltd.(a) |
17,335 | 31,555 | ||||||
Australia & New Zealand Banking Group Ltd. |
8,039 | 163,466 | ||||||
BHP Group Ltd.(a) |
10,541 | 286,374 | ||||||
BHP Group PLC |
5,855 | 149,066 | ||||||
Commonwealth Bank of Australia |
5,759 | 434,014 | ||||||
Dexus |
3,970 | 30,972 | ||||||
Fortescue Metals Group Ltd. |
25,337 | 273,801 | ||||||
Harvey Norman Holdings Ltd. |
4,596 | 16,699 | ||||||
JB Hi-Fi Ltd. |
352 | 11,574 | ||||||
Macquarie Group Ltd. |
606 | 79,669 | ||||||
Magellan Financial Group Ltd.(a) |
377 | 9,632 | ||||||
Medibank Pvt Ltd. |
7,793 | 20,209 | ||||||
Metcash Ltd.(a) |
3,089 | 8,769 | ||||||
Mineral Resources Ltd. |
736 | 23,823 | ||||||
Mirvac Group |
11,449 | 24,728 | ||||||
National Australia Bank Ltd. |
9,200 | 184,948 | ||||||
Origin Energy Ltd. |
6,679 | 22,820 | ||||||
QBE Insurance Group Ltd. |
2,536 | 21,360 | ||||||
Rio Tinto Ltd. |
1,679 | 121,501 | ||||||
Spark Infrastructure Group |
9,835 | 20,034 | ||||||
Stockland |
7,724 | 24,996 | ||||||
Telstra Corp., Ltd. |
34,619 | 98,278 | ||||||
Transurban Group |
4,656 | 47,624 | ||||||
Wesfarmers Ltd. |
2,638 | 106,235 | ||||||
Worley Ltd. |
1,487 | 10,645 | ||||||
|
|
|||||||
Total Australia |
|
2,295,861 | ||||||
Austria – 0.3% |
| |||||||
Oesterreichische Post AG(a) |
500 | 21,209 | ||||||
OMV AG |
1,384 | 83,696 | ||||||
Raiffeisen Bank International AG |
2,257 | 59,325 | ||||||
|
|
|||||||
Total Austria |
|
164,230 | ||||||
Belgium – 0.1% |
| |||||||
Proximus SADP |
1,750 | 34,763 | ||||||
Solvay S.A. |
284 | 35,432 | ||||||
Telenet Group Holding N.V. |
380 | 14,515 | ||||||
|
|
|||||||
Total Belgium |
|
84,710 | ||||||
Brazil – 0.7% |
| |||||||
Banco do Brasil S.A. |
10,826 | 57,419 | ||||||
Banco Santander Brasil S.A. |
2,687 | 17,442 | ||||||
CCR S.A. |
7,464 | 16,027 | ||||||
Centrais Eletricas Brasileiras S.A. |
2,107 | 14,891 | ||||||
Petrobras Distribuidora S.A. |
4,049 | 17,455 | ||||||
Porto Seguro S.A. |
867 | 7,870 | ||||||
Vale S.A. |
20,489 | 286,678 | ||||||
|
|
|||||||
Total Brazil |
|
417,782 | ||||||
Canada – 4.5% |
| |||||||
Bank of Montreal |
1,694 | 169,086 | ||||||
Bank of Nova Scotia (The) |
3,971 | 244,369 | ||||||
BCE, Inc. |
2,765 | 138,485 | ||||||
Canadian Imperial Bank of Commerce(a) |
1,397 | 155,486 | ||||||
Canadian Natural Resources Ltd. |
4,277 | 156,347 | ||||||
Enbridge, Inc. |
8,585 | 341,950 | ||||||
Finning International, Inc. |
732 | 18,057 | ||||||
Gibson Energy, Inc.(a) |
922 | 16,928 | ||||||
Great-West Lifeco, Inc. |
3,050 | 92,787 | ||||||
Hydro One Ltd.(b) |
2,572 | 60,785 | ||||||
IGM Financial, Inc.(a) |
1,048 | 37,433 | ||||||
Manulife Financial Corp. |
5,807 | 111,753 | ||||||
National Bank of Canada(a) |
840 | 64,503 | ||||||
Nutrien Ltd. |
1,382 | 89,682 | ||||||
Power Corp. of Canada(a) |
2,333 | 76,886 | ||||||
Rogers Communications, Inc., Class B |
896 | 41,835 | ||||||
Royal Bank of Canada |
3,128 | 311,183 | ||||||
Shaw Communications, Inc., Class B |
1,722 | 50,048 | ||||||
Sun Life Financial, Inc.(a) |
1,300 | 66,906 | ||||||
TC Energy Corp.(a) |
2,645 | 127,276 | ||||||
TELUS Corp. |
3,914 | 86,013 | ||||||
Toronto-Dominion Bank (The) |
4,689 | 310,354 | ||||||
|
|
|||||||
Total Canada |
|
2,768,152 | ||||||
Chile – 0.1% |
| |||||||
Banco de Chile |
304,355 | 28,030 | ||||||
Enel Americas S.A. |
227,223 | 26,840 | ||||||
|
|
|||||||
Total Chile |
|
54,870 | ||||||
China – 3.1% |
| |||||||
Agile Group Holdings Ltd.(a) |
28,000 | 26,185 | ||||||
Agricultural Bank of China Ltd., Class H |
221,074 | 76,109 | ||||||
Anhui Conch Cement Co., Ltd., Class H |
7,000 | 37,767 | ||||||
Beijing Enterprises Holdings Ltd. |
6,500 | 26,010 | ||||||
BOC Hong Kong Holdings Ltd. |
37,000 | 111,694 | ||||||
China Aoyuan Group Ltd. |
14,000 | 7,391 | ||||||
China Construction Bank Corp., Class H |
677,536 | 485,655 | ||||||
China Everbright Environment Group Ltd. |
32,000 | 24,171 | ||||||
China Life Insurance Co., Ltd., Class H |
35,000 | 57,459 | ||||||
China Medical System Holdings Ltd. |
10,000 | 18,241 | ||||||
China Overseas Land & Investment Ltd. |
31,500 | 71,784 | ||||||
China Pacific Insurance Group Co., Ltd., Class H |
17,000 | 50,555 | ||||||
China Resources Cement Holdings Ltd. |
28,000 | 27,012 | ||||||
China Resources Power Holdings Co., Ltd.(a) |
20,000 | 57,678 | ||||||
CIFI Holdings Group Co., Ltd. |
20,000 | 13,617 | ||||||
Country Garden Holdings Co., Ltd.(a) |
53,668 | 55,497 | ||||||
Far East Horizon Ltd.(a) |
15,000 | 15,222 | ||||||
Guangdong Investment Ltd. |
16,000 | 20,882 | ||||||
Hengan International Group Co., Ltd.(a) |
4,500 | 24,105 | ||||||
Hopson Development Holdings Ltd. |
4,500 | 16,012 | ||||||
Industrial & Commercial Bank of China Ltd., Class H |
508,000 | 282,561 | ||||||
Kunlun Energy Co., Ltd. |
28,000 | 29,206 | ||||||
KWG Group Holdings Ltd. |
18,500 | 18,085 | ||||||
Lenovo Group Ltd. |
58,000 | 62,361 |
See Notes to Financial Statements.
WisdomTree Trust | 59 |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2021
Investments | Shares | Value | ||||||
New China Life Insurance Co., Ltd., Class H |
4,400 | $ | 13,000 | |||||
Postal Savings Bank of China Co., Ltd., Class H(b) |
60,000 | 41,466 | ||||||
Powerlong Real Estate Holdings Ltd. |
13,000 | 9,769 | ||||||
Shenzhen International Holdings Ltd. |
20,232 | 26,042 | ||||||
Shenzhen Investment Ltd. |
58,000 | 14,603 | ||||||
Shimao Group Holdings Ltd.(a) |
14,000 | 25,645 | ||||||
SITC International Holdings Co., Ltd. |
8,000 | 28,723 | ||||||
Sunac China Holdings Ltd. |
13,000 | 27,721 | ||||||
Times China Holdings Ltd. |
11,000 | 9,142 | ||||||
Uni-President China Holdings Ltd. |
12,000 | 11,422 | ||||||
Want Want China Holdings Ltd. |
45,000 | 34,048 | ||||||
WH Group Ltd.(b) |
51,412 | 36,654 | ||||||
Zhongliang Holdings Group Co., Ltd.(a) |
15,500 | 8,004 | ||||||
|
|
|||||||
Total China |
|
1,901,498 | ||||||
Czech Republic – 0.1% |
| |||||||
O2 Czech Republic AS |
2,681 | 32,245 | ||||||
Finland – 0.4% |
| |||||||
Fortum Oyj |
2,936 | 89,456 | ||||||
Konecranes Oyj* |
424 | 17,086 | ||||||
Neles Oyj |
1,711 | 23,498 | ||||||
Nokian Renkaat Oyj |
436 | 15,669 | ||||||
Orion Oyj, Class B(a) |
376 | 14,925 | ||||||
Sampo Oyj, Class A |
1,527 | 75,939 | ||||||
Valmet Oyj |
660 | 23,972 | ||||||
|
|
|||||||
Total Finland |
|
260,545 | ||||||
France – 1.3% |
| |||||||
ALD S.A.(b) |
1,561 | 21,348 | ||||||
AXA S.A. |
5,690 | 158,827 | ||||||
Danone S.A. |
1,320 | 90,336 | ||||||
Gecina S.A. |
215 | 29,041 | ||||||
Imerys S.A. |
321 | 13,943 | ||||||
Orange S.A. |
7,127 | 77,246 | ||||||
Publicis Groupe S.A. |
489 | 33,017 | ||||||
Rubis SCA |
382 | 13,233 | ||||||
Sanofi |
3,517 | 338,636 | ||||||
Societe BIC S.A. |
243 | 14,335 | ||||||
Verallia S.A.(b) |
309 | 10,672 | ||||||
|
|
|||||||
Total France |
|
800,634 | ||||||
Germany – 2.9% |
| |||||||
Allianz SE, Registered Shares |
1,178 | 266,004 | ||||||
BASF SE |
2,765 | 211,016 | ||||||
Bayer AG, Registered Shares |
3,271 | 178,192 | ||||||
Bayerische Motoren Werke AG |
1,198 | 114,906 | ||||||
Continental AG* |
306 | 33,616 | ||||||
Deutsche Telekom AG, Registered Shares |
10,483 | 211,349 | ||||||
E.ON SE |
10,444 | 127,916 | ||||||
Evonik Industries AG |
1,326 | 41,908 | ||||||
Hannover Rueck SE |
264 | 46,308 | ||||||
METRO AG |
1,796 | 23,396 | ||||||
Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares |
325 | 89,230 | ||||||
Siemens AG, Registered Shares |
1,541 | 253,461 | ||||||
Siltronic AG |
119 | 18,784 | ||||||
Talanx AG |
1,003 | 42,870 | ||||||
Telefonica Deutschland Holding AG |
11,950 | 34,042 | ||||||
Traton SE |
1,536 | 39,519 | ||||||
TUI AG* |
6,917 | 30,142 | ||||||
Uniper SE |
839 | 35,054 | ||||||
Vitesco Technologies Group AG, Class A* |
76 | 4,468 | ||||||
|
|
|||||||
Total Germany |
|
1,802,181 | ||||||
Hong Kong – 0.9% |
| |||||||
CLP Holdings Ltd. |
8,000 | 77,075 | ||||||
Hang Seng Bank Ltd. |
5,900 | 101,256 | ||||||
Henderson Land Development Co., Ltd. |
15,100 | 57,900 | ||||||
Link REIT |
6,000 | 51,447 | ||||||
New World Development Co., Ltd. |
11,118 | 45,488 | ||||||
Power Assets Holdings Ltd. |
12,500 | 73,542 | ||||||
Sino Land Co., Ltd. |
26,000 | 35,002 | ||||||
Sun Hung Kai Properties Ltd. |
6,500 | 81,327 | ||||||
Swire Properties Ltd. |
14,000 | 35,105 | ||||||
|
|
|||||||
Total Hong Kong |
|
558,142 | ||||||
India – 0.6% |
| |||||||
GAIL India Ltd. |
17,292 | 37,006 | ||||||
Hindustan Petroleum Corp., Ltd. |
4,471 | 18,070 | ||||||
Indus Towers Ltd. |
5,071 | 21,089 | ||||||
ITC Ltd. |
17,874 | 56,865 | ||||||
NMDC Ltd. |
10,228 | 19,704 | ||||||
Oil & Natural Gas Corp., Ltd. |
31,810 | 61,925 | ||||||
Oracle Financial Services Software Ltd. |
257 | 15,774 | ||||||
Power Grid Corp. of India Ltd. |
42,856 | 109,641 | ||||||
REC Ltd. |
14,591 | 31,029 | ||||||
|
|
|||||||
Total India |
|
371,103 | ||||||
Indonesia – 0.4% |
| |||||||
Astra International Tbk PT |
91,700 | 35,239 | ||||||
Bank Mandiri Persero Tbk PT |
113,600 | 48,813 | ||||||
Bank Rakyat Indonesia Persero Tbk PT |
260,000 | 69,939 | ||||||
Indocement Tunggal Prakarsa Tbk PT |
11,700 | 8,584 | ||||||
Telkom Indonesia Persero Tbk PT |
270,100 | 69,636 | ||||||
United Tractors Tbk PT |
9,300 | 16,894 | ||||||
|
|
|||||||
Total Indonesia |
|
249,105 | ||||||
Israel – 0.0% |
| |||||||
ICL Group Ltd. |
3,304 | 24,272 | ||||||
Italy – 0.9% |
| |||||||
A2A SpA |
15,565 | 32,029 | ||||||
Assicurazioni Generali SpA |
3,386 | 72,166 | ||||||
Enav SpA*(b) |
3,999 | 18,761 | ||||||
Enel SpA |
21,461 | 165,425 | ||||||
ERG SpA |
501 | 14,922 | ||||||
Iren SpA |
5,896 | 17,520 | ||||||
Italgas SpA |
5,982 | 38,408 | ||||||
Mediobanca Banca di Credito Finanziario SpA* |
3,533 | 42,747 | ||||||
Poste Italiane SpA(b) |
4,117 | 56,923 | ||||||
Telecom Italia SpA, RSP |
27,868 | 11,301 | ||||||
Terna – Rete Elettrica Nazionale(a) |
5,287 | 37,598 | ||||||
UnipolSai Assicurazioni SpA(a) |
16,953 | 47,783 | ||||||
|
|
|||||||
Total Italy |
|
555,583 |
See Notes to Financial Statements.
60 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2021
Investments | Shares | Value | ||||||
Japan – 5.3% |
| |||||||
AGC, Inc. |
800 | $ | 41,443 | |||||
Asahi Kasei Corp. |
3,200 | 34,316 | ||||||
Bridgestone Corp. |
2,300 | 109,378 | ||||||
Canon, Inc.(a) |
5,000 | 122,810 | ||||||
Chubu Electric Power Co., Inc. |
3,200 | 37,901 | ||||||
Dai-ichi Life Holdings, Inc. |
2,600 | 57,628 | ||||||
Daicel Corp.(a) |
1,800 | 14,084 | ||||||
Daito Trust Construction Co., Ltd.(a) |
500 | 58,436 | ||||||
Daiwa House Industry Co., Ltd. |
1,400 | 46,916 | ||||||
Daiwa Securities Group, Inc.(a) |
5,600 | 32,820 | ||||||
ENEOS Holdings, Inc. |
12,000 | 49,033 | ||||||
Idemitsu Kosan Co., Ltd. |
1,400 | 36,965 | ||||||
Inpex Corp. |
5,800 | 45,537 | ||||||
ITOCHU Corp.(a) |
4,442 | 130,463 | ||||||
Japan Post Insurance Co., Ltd. |
1,400 | 25,559 | ||||||
Japan Tobacco, Inc. |
7,800 | 153,099 | ||||||
JTEKT Corp. |
1,300 | 11,395 | ||||||
Kansai Electric Power Co., Inc. (The) |
3,200 | 31,132 | ||||||
KDDI Corp. |
7,700 | 254,723 | ||||||
Marubeni Corp.(a) |
4,769 | 39,887 | ||||||
Matsui Securities Co., Ltd. |
1,400 | 10,214 | ||||||
Mebuki Financial Group, Inc. |
5,500 | 12,126 | ||||||
Mitsubishi Chemical Holdings Corp. |
4,700 | 43,114 | ||||||
Mitsubishi Corp. |
4,800 | 152,120 | ||||||
Mitsubishi UFJ Financial Group, Inc. |
41,400 | 244,114 | ||||||
Mizuho Financial Group, Inc. |
8,430 | 119,716 | ||||||
MS&AD Insurance Group Holdings, Inc. |
2,500 | 84,159 | ||||||
Nippon Telegraph & Telephone Corp. |
8,700 | 240,551 | ||||||
Nomura Holdings, Inc. |
8,300 | 41,182 | ||||||
Resona Holdings, Inc. |
9,100 | 36,604 | ||||||
Seiko Epson Corp.(a) |
1,300 | 26,320 | ||||||
Sekisui House Ltd. |
2,100 | 44,259 | ||||||
SoftBank Corp. |
25,400 | 344,775 | ||||||
Sompo Holdings, Inc. |
1,000 | 43,746 | ||||||
Sumitomo Corp. |
4,086 | 57,916 | ||||||
Sumitomo Mitsui Financial Group, Inc.(a) |
4,600 | 162,603 | ||||||
T&D Holdings, Inc. |
1,400 | 19,436 | ||||||
Takeda Pharmaceutical Co., Ltd. |
4,000 | 132,610 | ||||||
Toda Corp. |
2,400 | 16,929 | ||||||
Tohoku Electric Power Co., Inc.(a) |
2,500 | 18,418 | ||||||
Tokio Marine Holdings, Inc. |
1,500 | 80,946 | ||||||
|
|
|||||||
Total Japan |
|
3,265,383 | ||||||
Malaysia – 0.1% |
| |||||||
DiGi.Com Bhd |
31,000 | 32,951 | ||||||
Petronas Gas Bhd |
6,500 | 26,115 | ||||||
|
|
|||||||
Total Malaysia |
|
59,066 | ||||||
Mexico – 0.2% |
| |||||||
Grupo Mexico S.A.B. de C.V., Series B |
16,038 | 64,318 | ||||||
Kimberly-Clark de Mexico S.A.B. de C.V., Class A |
13,634 | 22,557 | ||||||
Orbia Advance Corp. S.A.B. de C.V. |
7,225 | 18,607 | ||||||
|
|
|||||||
Total Mexico |
|
105,482 | ||||||
Netherlands – 0.4% |
| |||||||
ASR Nederland N.V. |
605 | 27,710 | ||||||
Koninklijke Ahold Delhaize N.V. |
3,235 | 107,733 | ||||||
Koninklijke KPN N.V. |
17,485 | 55,018 | ||||||
NN Group N.V. |
1,241 | 65,110 | ||||||
|
|
|||||||
Total Netherlands |
|
255,571 | ||||||
Norway – 0.7% |
| |||||||
Equinor ASA |
10,348 | 263,938 | ||||||
Gjensidige Forsikring ASA |
1,558 | 34,590 | ||||||
Telenor ASA |
6,139 | 103,591 | ||||||
Yara International ASA |
689 | 34,279 | ||||||
|
|
|||||||
Total Norway |
|
436,398 | ||||||
Philippines – 0.1% |
| |||||||
Globe Telecom, Inc. |
325 | 19,012 | ||||||
PLDT, Inc. |
885 | 29,147 | ||||||
|
|
|||||||
Total Philippines |
|
48,159 | ||||||
Portugal – 0.1% |
| |||||||
EDP – Energias de Portugal S.A. |
6,742 | 35,435 | ||||||
Puerto Rico – 0.1% |
| |||||||
Popular, Inc. |
486 | 37,748 | ||||||
Russia – 2.1% |
| |||||||
Magnit PJSC, GDR(c) |
2,063 | 34,762 | ||||||
MMC Norilsk Nickel PJSC, ADR |
6,195 | 185,416 | ||||||
Mobile TeleSystems PJSC, ADR |
7,204 | 69,447 | ||||||
PhosAgro PJSC, GDR(c) |
1,898 | 42,287 | ||||||
Rosneft Oil Co. PJSC, GDR(c) |
19,897 | 168,130 | ||||||
Sberbank of Russia PJSC, ADR |
37,006 | 696,453 | ||||||
Tatneft PJSC, ADR |
1,775 | 77,780 | ||||||
|
|
|||||||
Total Russia |
|
1,274,275 | ||||||
Singapore – 0.9% |
| |||||||
DBS Group Holdings Ltd. |
7,214 | 161,114 | ||||||
Genting Singapore Ltd. |
51,600 | 27,366 | ||||||
Jardine Cycle & Carriage Ltd. |
1,600 | 22,840 | ||||||
Oversea-Chinese Banking Corp., Ltd. |
13,213 | 111,925 | ||||||
Singapore Telecommunications Ltd. |
52,200 | 94,588 | ||||||
United Overseas Bank Ltd. |
5,713 | 108,781 | ||||||
|
|
|||||||
Total Singapore |
|
526,614 | ||||||
South Africa – 0.3% |
| |||||||
African Rainbow Minerals Ltd.(a) |
995 | 12,540 | ||||||
Exxaro Resources Ltd.(a) |
2,434 | 26,052 | ||||||
Kumba Iron Ore Ltd. |
565 | 18,625 | ||||||
MultiChoice Group |
2,033 | 15,427 | ||||||
Remgro Ltd. |
4,079 | 36,832 | ||||||
Sanlam Ltd. |
15,087 | 64,098 | ||||||
Vodacom Group Ltd. |
4,781 | 45,773 | ||||||
|
|
|||||||
Total South Africa |
|
219,347 | ||||||
South Korea – 0.7% |
| |||||||
Hana Financial Group, Inc. |
2,348 | 92,016 | ||||||
Industrial Bank of Korea |
2,137 | 18,952 | ||||||
KT&G Corp. |
781 | 53,562 | ||||||
Macquarie Korea Infrastructure Fund |
4,269 | 46,151 |
See Notes to Financial Statements.
WisdomTree Trust | 61 |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2021
Investments | Shares | Value | ||||||
POSCO |
351 | $ | 97,829 | |||||
Samsung Fire & Marine Insurance Co., Ltd. |
173 | 34,337 | ||||||
Samsung Life Insurance Co., Ltd. |
469 | 29,075 | ||||||
SK Telecom Co., Ltd. |
193 | 52,814 | ||||||
|
|
|||||||
Total South Korea |
|
424,736 | ||||||
Spain – 0.8% |
| |||||||
Enagas S.A. |
1,922 | 42,779 | ||||||
Endesa S.A. |
3,467 | 69,995 | ||||||
Fomento de Construcciones y Contratas S.A. |
1,553 | 18,862 | ||||||
Iberdrola S.A. |
17,984 | 180,997 | ||||||
Naturgy Energy Group S.A.(a) |
4,033 | 101,661 | ||||||
Red Electrica Corp. S.A. |
3,064 | 61,468 | ||||||
|
|
|||||||
Total Spain |
|
475,762 | ||||||
Sweden – 0.2% |
| |||||||
Tele2 AB, Class B(a) |
2,837 | 42,108 | ||||||
Telia Co. AB(a) |
16,443 | 67,897 | ||||||
|
|
|||||||
Total Sweden |
|
110,005 | ||||||
Switzerland – 2.0% |
| |||||||
ABB Ltd., Registered Shares |
3,623 | 121,912 | ||||||
Adecco Group AG, Registered Shares |
530 | 26,715 | ||||||
Banque Cantonale Vaudoise, Registered Shares |
332 | 25,304 | ||||||
Holcim Ltd., Registered Shares* |
1,581 | 76,504 | ||||||
Novartis AG, Registered Shares |
7,154 | 589,207 | ||||||
Swiss Life Holding AG, Registered Shares |
112 | 56,849 | ||||||
Swiss Prime Site AG, Registered Shares |
554 | 54,281 | ||||||
Swisscom AG, Registered Shares |
165 | 95,054 | ||||||
Zurich Insurance Group AG |
476 | 195,737 | ||||||
|
|
|||||||
Total Switzerland |
|
1,241,563 | ||||||
Taiwan – 2.9% |
| |||||||
Asia Cement Corp. |
34,000 | 55,649 | ||||||
Asustek Computer, Inc. |
8,000 | 93,466 | ||||||
Catcher Technology Co., Ltd. |
6,000 | 36,073 | ||||||
Cathay Financial Holding Co., Ltd. |
49,000 | 101,832 | ||||||
Chicony Electronics Co., Ltd. |
12,000 | 33,165 | ||||||
Chunghwa Telecom Co., Ltd. |
19,000 | 75,358 | ||||||
CTBC Financial Holding Co., Ltd. |
176,480 | 145,058 | ||||||
Far Eastern New Century Corp. |
40,000 | 42,856 | ||||||
Formosa Chemicals & Fibre Corp. |
27,000 | 81,309 | ||||||
Formosa Plastics Corp. |
28,000 | 114,068 | ||||||
Fubon Financial Holding Co., Ltd. |
64,114 | 176,506 | ||||||
Hon Hai Precision Industry Co., Ltd. |
65,000 | 244,971 | ||||||
Lite-On Technology Corp. |
31,000 | 69,543 | ||||||
Mega Financial Holding Co., Ltd. |
77,941 | 89,661 | ||||||
Pegatron Corp. |
25,680 | 61,756 | ||||||
Quanta Computer, Inc. |
23,210 | 64,564 | ||||||
Shanghai Commercial & Savings Bank Ltd. (The) |
40,000 | 63,746 | ||||||
SinoPac Financial Holdings Co., Ltd. |
152,559 | 76,114 | ||||||
Synnex Technology International Corp. |
18,000 | 33,725 | ||||||
Taiwan Cement Corp. |
50,850 | 93,083 | ||||||
Wistron Corp. |
37,000 | 36,521 | ||||||
|
|
|||||||
Total Taiwan |
|
1,789,024 | ||||||
Thailand – 0.2% |
| |||||||
Bangkok Commercial Asset Management PCL, NVDR |
9,600 | 5,221 | ||||||
Intouch Holdings PCL, NVDR |
8,400 | 19,985 | ||||||
PTT Exploration & Production PCL, NVDR |
11,700 | 40,631 | ||||||
Ratch Group PCL, NVDR |
4,500 | 6,018 | ||||||
Siam Commercial Bank PCL (The), NVDR |
9,800 | 35,336 | ||||||
|
|
|||||||
Total Thailand |
|
107,191 | ||||||
United Kingdom – 4.0% |
| |||||||
Abrdn PLC |
11,188 | 38,558 | ||||||
Admiral Group PLC |
1,219 | 51,084 | ||||||
Airtel Africa PLC(b) |
13,733 | 18,461 | ||||||
BAE Systems PLC |
8,790 | 66,988 | ||||||
Berkeley Group Holdings PLC |
356 | 20,938 | ||||||
British American Tobacco PLC |
9,785 | 343,562 | ||||||
Direct Line Insurance Group PLC |
8,795 | 34,343 | ||||||
easyJet PLC*(a) |
2,915 | 26,049 | ||||||
GlaxoSmithKline PLC |
22,316 | 422,340 | ||||||
National Grid PLC |
10,206 | 121,732 | ||||||
Pearson PLC |
1,621 | 15,558 | ||||||
Pennon Group PLC |
816 | 12,466 | ||||||
Phoenix Group Holdings PLC |
2,793 | 24,313 | ||||||
Rio Tinto PLC |
6,004 | 397,772 | ||||||
Royal Dutch Shell PLC, Class A(a) |
21,790 | 486,248 | ||||||
Schroders PLC |
536 | 25,982 | ||||||
Severn Trent PLC |
938 | 32,934 | ||||||
SSE PLC |
3,347 | 70,898 | ||||||
Tesco PLC |
16,840 | 57,515 | ||||||
United Utilities Group PLC |
2,109 | 27,538 | ||||||
Vodafone Group PLC |
113,734 | 173,749 | ||||||
|
|
|||||||
Total United Kingdom |
|
2,469,028 | ||||||
United States – 58.4% |
| |||||||
3M Co. |
3,996 | 700,978 | ||||||
AbbVie, Inc. |
11,177 | 1,205,663 | ||||||
Altria Group, Inc. |
32,088 | 1,460,646 | ||||||
American Campus Communities, Inc. |
978 | 47,384 | ||||||
American Electric Power Co., Inc. |
2,040 | 165,607 | ||||||
Antero Midstream Corp.(a) |
6,364 | 66,313 | ||||||
APA Corp. |
3,043 | 65,211 | ||||||
Apartment Investment and Management Co., Class A |
1,304 | 8,932 | ||||||
Apollo Global Management, Inc.(a) |
1,548 | 95,341 | ||||||
Artisan Partners Asset Management, Inc., Class A |
813 | 39,772 | ||||||
AT&T, Inc. |
109,551 | 2,958,973 | ||||||
AvalonBay Communities, Inc. |
763 | 169,111 | ||||||
Avangrid, Inc.(a) |
1,328 | 64,541 | ||||||
Avista Corp. |
512 | 20,029 | ||||||
Baker Hughes Co. |
4,829 | 119,421 | ||||||
Bank of Hawaii Corp. |
289 | 23,747 | ||||||
Bank of New York Mellon Corp. (The) |
4,128 | 213,996 | ||||||
Bank OZK |
826 | 35,501 | ||||||
Black Hills Corp. |
372 | 23,347 | ||||||
Blackstone, Inc. |
3,061 | 356,117 | ||||||
BOK Financial Corp. |
361 | 32,328 |
See Notes to Financial Statements.
62 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2021
Investments | Shares | Value | ||||||
Boston Properties, Inc. |
1,022 | $ | 110,734 | |||||
Broadcom, Inc. |
1,848 | 896,151 | ||||||
Camden Property Trust |
479 | 70,638 | ||||||
Cardinal Health, Inc. |
1,542 | 76,267 | ||||||
CenterPoint Energy, Inc. |
2,890 | 71,094 | ||||||
CF Industries Holdings, Inc. |
1,184 | 66,091 | ||||||
Chemours Co. (The) |
967 | 28,101 | ||||||
Cisco Systems, Inc. |
20,458 | 1,113,529 | ||||||
Citigroup, Inc. |
20,684 | 1,451,603 | ||||||
Coca-Cola Co. (The) |
27,790 | 1,458,141 | ||||||
Cogent Communications Holdings, Inc. |
284 | 20,119 | ||||||
Cohen & Steers, Inc. |
527 | 44,147 | ||||||
Compass Minerals International, Inc. |
522 | 33,617 | ||||||
ConocoPhillips |
10,909 | 739,303 | ||||||
Consolidated Edison, Inc. |
1,626 | 118,031 | ||||||
CoreSite Realty Corp. |
323 | 44,748 | ||||||
Corporate Office Properties Trust |
1,133 | 30,568 | ||||||
Cousins Properties, Inc. |
948 | 35,351 | ||||||
CubeSmart |
1,566 | 75,873 | ||||||
Cullen/Frost Bankers, Inc. |
359 | 42,585 | ||||||
CVB Financial Corp. |
841 | 17,131 | ||||||
Dominion Energy, Inc. |
5,152 | 376,199 | ||||||
Douglas Emmett, Inc. |
1,244 | 39,323 | ||||||
Dow, Inc. |
5,766 | 331,891 | ||||||
DTE Energy Co. |
867 | 96,853 | ||||||
Duke Energy Corp. |
4,064 | 396,606 | ||||||
Eastman Chemical Co. |
566 | 57,019 | ||||||
Edison International |
2,445 | 135,624 | ||||||
Entergy Corp. |
929 | 92,259 | ||||||
EOG Resources, Inc. |
3,090 | 248,034 | ||||||
Equitrans Midstream Corp. |
5,162 | 52,343 | ||||||
Equity Commonwealth* |
3,399 | 88,306 | ||||||
Equity Residential |
2,212 | 178,995 | ||||||
Essex Property Trust, Inc. |
347 | 110,950 | ||||||
Evergy, Inc. |
1,175 | 73,085 | ||||||
Exelon Corp. |
4,783 | 231,210 | ||||||
Extra Space Storage, Inc. |
459 | 77,107 | ||||||
Federal Realty Investment Trust |
577 | 68,080 | ||||||
Federated Hermes, Inc., Class B |
625 | 20,313 | ||||||
Fidelity National Financial, Inc. |
1,513 | 68,599 | ||||||
Fifth Third Bancorp |
4,335 | 183,977 | ||||||
First American Financial Corp. |
746 | 50,019 | ||||||
First Horizon Corp. |
2,826 | 46,036 | ||||||
FirstEnergy Corp. |
3,556 | 126,665 | ||||||
Flowers Foods, Inc. |
1,399 | 33,058 | ||||||
FNB Corp. |
3,008 | 34,953 | ||||||
Foot Locker, Inc. |
453 | 20,684 | ||||||
Franklin Resources, Inc. |
3,068 | 91,181 | ||||||
Gaming and Leisure Properties, Inc. |
3,007 | 139,284 | ||||||
General Mills, Inc. |
3,978 | 237,964 | ||||||
Genuine Parts Co. |
597 | 72,374 | ||||||
Gilead Sciences, Inc. |
7,070 | 493,839 | ||||||
Glacier Bancorp, Inc. |
465 | 25,738 | ||||||
H&R Block, Inc. |
2,344 | 58,600 | ||||||
Halliburton Co. |
4,719 | 102,025 | ||||||
Hanesbrands, Inc. |
2,525 | 43,329 | ||||||
Harley-Davidson, Inc. |
622 | 22,771 | ||||||
Hawaiian Electric Industries, Inc. |
633 | 25,845 | ||||||
Healthcare Realty Trust, Inc. |
1,150 | 34,247 | ||||||
Healthcare Trust of America, Inc., Class A |
1,475 | 43,749 | ||||||
Healthpeak Properties, Inc. |
3,611 | 120,896 | ||||||
Highwoods Properties, Inc. |
904 | 39,649 | ||||||
HollyFrontier Corp. |
1,443 | 47,807 | ||||||
HP, Inc. |
7,515 | 205,610 | ||||||
Hudson Pacific Properties, Inc. |
1,097 | 28,818 | ||||||
Ingredion, Inc. |
330 | 29,373 | ||||||
International Business Machines Corp. |
6,194 | 860,532 | ||||||
International Paper Co. |
2,590 | 144,833 | ||||||
Interpublic Group of Cos., Inc. (The) |
2,936 | 107,663 | ||||||
Iron Mountain, Inc. |
3,486 | 151,467 | ||||||
JPMorgan Chase & Co. |
14,775 | 2,418,520 | ||||||
Kellogg Co. |
1,536 | 98,181 | ||||||
Kilroy Realty Corp. |
631 | 41,779 | ||||||
Kimco Realty Corp. |
6,389 | 132,572 | ||||||
Kraft Heinz Co. (The) |
8,298 | 305,532 | ||||||
Lamar Advertising Co., Class A |
514 | 58,313 | ||||||
Leggett & Platt, Inc. |
649 | 29,101 | ||||||
Lexington Realty Trust |
2,385 | 30,409 | ||||||
Life Storage, Inc. |
559 | 64,140 | ||||||
Lumen Technologies, Inc.(a) |
14,722 | 182,406 | ||||||
M&T Bank Corp. |
786 | 117,381 | ||||||
MDU Resources Group, Inc. |
1,539 | 45,662 | ||||||
Medical Properties Trust, Inc. |
4,692 | 94,168 | ||||||
Mercury General Corp. |
715 | 39,804 | ||||||
MetLife, Inc. |
5,750 | 354,948 | ||||||
Mid-America Apartment Communities, Inc. |
507 | 94,682 | ||||||
MSC Industrial Direct Co., Inc., Class A |
325 | 26,062 | ||||||
National Fuel Gas Co. |
572 | 30,041 | ||||||
National Health Investors, Inc. |
451 | 24,129 | ||||||
National Retail Properties, Inc. |
1,387 | 59,905 | ||||||
National Storage Affiliates Trust |
566 | 29,879 | ||||||
NetApp, Inc. |
1,242 | 111,482 | ||||||
New York Community Bancorp, Inc. |
5,078 | 65,354 | ||||||
Newell Brands, Inc. |
2,855 | 63,210 | ||||||
NiSource, Inc. |
1,942 | 47,055 | ||||||
Northern Trust Corp. |
942 | 101,557 | ||||||
Nucor Corp. |
1,327 | 130,696 | ||||||
OGE Energy Corp. |
1,447 | 47,693 | ||||||
Old Republic International Corp. |
2,283 | 52,806 | ||||||
Omnicom Group, Inc. |
1,403 | 101,661 | ||||||
OneMain Holdings, Inc. |
1,634 | 90,409 | ||||||
Ovintiv, Inc. |
1,418 | 46,624 | ||||||
PACCAR, Inc. |
2,008 | 158,471 | ||||||
Patterson Cos., Inc. |
509 | 15,341 | ||||||
People’s United Financial, Inc. |
3,928 | 68,622 | ||||||
Pfizer, Inc. |
30,254 | 1,301,225 | ||||||
Philip Morris International, Inc. |
18,561 | 1,759,397 | ||||||
Physicians Realty Trust |
2,806 | 49,442 |
See Notes to Financial Statements.
WisdomTree Trust | 63 |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2021
Investments | Shares | Value | ||||||
Pinnacle West Capital Corp. |
607 | $ | 43,923 | |||||
PNC Financial Services Group, Inc. (The) |
2,400 | 469,536 | ||||||
Portland General Electric Co. |
579 | 27,207 | ||||||
PPL Corp. |
5,863 | 163,460 | ||||||
Prosperity Bancshares, Inc. |
438 | 31,155 | ||||||
Public Service Enterprise Group, Inc. |
2,231 | 135,868 | ||||||
Public Storage |
761 | 226,093 | ||||||
Rayonier, Inc. |
722 | 25,761 | ||||||
Realty Income Corp. |
2,023 | 131,212 | ||||||
Regency Centers Corp. |
1,192 | 80,257 | ||||||
Ryder System, Inc. |
321 | 26,550 | ||||||
Sabra Health Care REIT, Inc. |
2,753 | 40,524 | ||||||
SL Green Realty Corp.(a) |
677 | 47,959 | ||||||
Sonoco Products Co. |
710 | 42,302 | ||||||
Southern Co. (The) |
6,180 | 382,975 | ||||||
Spectrum Brands Holdings, Inc. |
184 | 17,603 | ||||||
Spirit Realty Capital, Inc. |
1,045 | 48,112 | ||||||
STAG Industrial, Inc. |
918 | 36,032 | ||||||
State Street Corp. |
1,497 | 126,826 | ||||||
Steel Dynamics, Inc. |
975 | 57,018 | ||||||
STORE Capital Corp. |
1,672 | 53,554 | ||||||
Synchrony Financial |
2,556 | 124,937 | ||||||
TFS Financial Corp. |
2,762 | 52,644 | ||||||
Travel + Leisure Co. |
672 | 36,644 | ||||||
Trinity Industries, Inc. |
700 | 19,019 | ||||||
Truist Financial Corp. |
6,916 | 405,623 | ||||||
U.S. Bancorp |
8,848 | 525,925 | ||||||
UDR, Inc. |
1,697 | 89,907 | ||||||
UGI Corp. |
1,168 | 49,780 | ||||||
United Bankshares, Inc. |
926 | 33,688 | ||||||
Uniti Group, Inc. |
1,756 | 21,722 | ||||||
Unum Group |
1,694 | 42,452 | ||||||
Valley National Bancorp |
3,374 | 44,908 | ||||||
Verizon Communications, Inc. |
34,913 | 1,885,651 | ||||||
VICI Properties, Inc.(a) |
3,301 | 93,781 | ||||||
Virtu Financial, Inc., Class A |
996 | 24,332 | ||||||
W.P. Carey, Inc. |
1,627 | 118,836 | ||||||
Webster Financial Corp. |
712 | 38,776 | ||||||
Welltower, Inc. |
3,088 | 254,451 | ||||||
Western Union Co. (The) |
2,271 | 45,920 | ||||||
WestRock Co. |
1,193 | 59,447 | ||||||
Williams Cos., Inc. (The) |
13,255 | 343,835 | ||||||
|
|
|||||||
Total United States |
|
35,797,426 | ||||||
TOTAL
COMMON STOCKS (Cost: $55,203,610) |
|
61,019,126 | ||||||
RIGHTS – 0.0% |
| |||||||
Australia – 0.0% |
| |||||||
Transurban Group,
expiring 10/8/21* (Cost: $0) |
657 | 499 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.0% |
| |||||||
United States – 1.0% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(d) |
||||||||
(Cost: $619,768) | 619,768 | 619,768 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 100.5% (Cost: $55,823,378) |
61,639,393 | |||||||
Other Assets less Liabilities – (0.5)% |
(303,226 | ) | ||||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 61,336,167 |
* |
Non-income producing security. |
(a) |
Security, or portion thereof, was on loan at September 30, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $2,042,259. The Fund also had securities on loan having a total market value of $3,789 that were sold and pending settlement. The total market value of the collateral held by the Fund was $2,162,239. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,542,471. |
(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) |
This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. |
(d) |
Rate shown represents annualized 7-day yield as of September 30, 2021. |
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, 2021 were as follows:
Affiliate | Value at 3/31/2021 |
Purchases/ Additions |
Sales/ Reductions |
Realized Gain/(Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Value at 9/30/2021 |
Dividend Income |
|||||||||||||||||||||
WisdomTree International High Dividend Fund^ |
$ | 54,322 | $ | 531,716 | $ | 570,956 | $ | (11,579 | ) | $ | (3,503 | ) | $ | — | $ | 7,733 | ||||||||||||
WisdomTree U.S. High Dividend Fund^ |
18,159 | 176,778 | 193,929 | 728 | (1,736 | ) | — | 950 | ||||||||||||||||||||
Total |
$ | 72,481 | $ | 708,494 | $ | 764,885 | $ | (10,851 | ) | $ | (5,239 | ) | $ | — | $ | 8,683 |
^ |
As of September 30, 2021, the Fund did not hold a position in this affiliate. |
See Notes to Financial Statements.
64 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2021
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 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 |
$ | 61,019,126 | $ | — | $ | — | $ | 61,019,126 | ||||||||
Rights |
499 | — | — | 499 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 619,768 | — | 619,768 | ||||||||||||
Total Investments in Securities |
$ | 61,019,625 | $ | 619,768 | $ | — | $ | 61,639,393 |
See Notes to Financial Statements.
WisdomTree Trust | 65 |
Schedule of Investments (unaudited)
WisdomTree Growth Leaders Fund (PLAT)
September 30, 2021
Investments | Shares | Value | ||||||
COMMON STOCKS – 100.0% |
| |||||||
Argentina – 1.6% |
| |||||||
MercadoLibre, Inc.* |
154 | $ | 258,628 | |||||
China – 3.4% |
| |||||||
Alibaba Group Holding Ltd., ADR* |
1,698 | 251,389 | ||||||
Bilibili, Inc., Class Z* |
940 | 61,221 | ||||||
JD Health International, Inc.*(a)(b) |
6,300 | 60,777 | ||||||
Meituan, Class B*(a) |
3,900 | 123,543 | ||||||
Ping An Healthcare and Technology Co., Ltd.*(a)(b) |
7,000 | 45,500 | ||||||
|
|
|||||||
Total China |
|
542,430 | ||||||
Germany – 3.3% |
| |||||||
Delivery Hero SE*(a) |
1,214 | 155,399 | ||||||
Just Eat Takeaway.com N.V.*(a) |
3,290 | 240,368 | ||||||
TeamViewer AG*(a) |
3,997 | 117,615 | ||||||
|
|
|||||||
Total Germany |
|
513,382 | ||||||
Israel – 0.9% |
| |||||||
Fiverr International Ltd.*(b) |
744 | 135,914 | ||||||
United Kingdom – 1.8% |
| |||||||
Deliveroo PLC*(a) |
40,582 | 158,246 | ||||||
Farfetch Ltd., Class A* |
3,168 | 118,737 | ||||||
|
|
|||||||
Total United Kingdom |
|
276,983 | ||||||
United States – 89.0% |
| |||||||
ACV Auctions, Inc., Class A* |
5,559 | 99,450 | ||||||
Airbnb, Inc., Class A* |
1,307 | 219,249 | ||||||
Alphabet, Inc., Class A* |
588 | 1,572,030 | ||||||
Amazon.com, Inc.* |
415 | 1,363,292 | ||||||
American Well Corp., Class A* |
11,290 | 102,852 | ||||||
Anaplan, Inc.* |
2,714 | 165,255 | ||||||
Angi, Inc., Class A* |
10,753 | 132,692 | ||||||
Appian Corp.*(b) |
1,470 | 135,990 | ||||||
Apple, Inc. |
11,210 | 1,586,215 | ||||||
Bumble, Inc., Class A* |
3,110 | 155,438 | ||||||
Cargurus, Inc.* |
4,926 | 154,726 | ||||||
CBOE Global Markets, Inc. |
1,374 | 170,184 | ||||||
Chegg, Inc.* |
1,886 | 128,286 | ||||||
CoStar Group, Inc.* |
1,858 | 159,899 | ||||||
Coupa Software, Inc.* |
690 | 151,234 | ||||||
Coursera, Inc.*(b) |
3,644 | 115,333 | ||||||
DoorDash, Inc., Class A* |
1,091 | 224,724 | ||||||
Dropbox, Inc., Class A* |
5,345 | 156,181 | ||||||
Etsy, Inc.* |
892 | 185,500 | ||||||
Facebook, Inc., Class A* |
2,834 | 961,831 | ||||||
GoodRx Holdings, Inc., Class A*(b) |
3,982 | 163,342 | ||||||
Intercontinental Exchange, Inc. |
1,700 | 195,194 | ||||||
LendingTree, Inc.* |
725 | 101,377 | ||||||
Lyft, Inc. , Class A* |
2,730 | 146,301 | ||||||
MarketAxess Holdings, Inc. |
341 | 143,455 | ||||||
Match Group, Inc.* |
1,153 | 181,009 | ||||||
Microsoft Corp. |
5,643 | 1,590,875 | ||||||
Nasdaq, Inc. |
928 | 179,123 | ||||||
PayPal Holdings, Inc.* |
1,478 | 384,590 | ||||||
Pinterest, Inc., Class A* |
2,782 | 141,743 | ||||||
Poshmark, Inc., Class A* |
3,094 | 73,513 | ||||||
Redfin Corp.*(b) |
2,331 | 116,783 | ||||||
ROBLOX Corp., Class A*(b) |
1,692 | 127,831 | ||||||
Roku, Inc.* |
556 | 174,223 | ||||||
salesforce.com, Inc.* |
1,302 | 353,128 | ||||||
Selectquote, Inc.* |
7,306 | 94,467 | ||||||
Skillz, Inc.* |
7,058 | 69,310 | ||||||
Snap, Inc., Class A* |
3,526 | 260,466 | ||||||
Snowflake, Inc., Class A* |
800 | 241,944 | ||||||
Teladoc Health, Inc.* |
1,092 | 138,476 | ||||||
ThredUp, Inc., Class A*(b) |
6,066 | 131,571 | ||||||
Tradeweb Markets, Inc., Class A |
1,922 | 155,259 | ||||||
Twitter, Inc.* |
2,823 | 170,481 | ||||||
Uber Technologies, Inc.* |
3,654 | 163,699 | ||||||
Upstart Holdings, Inc.* |
874 | 276,569 | ||||||
Upwork, Inc.* |
3,178 | 143,105 | ||||||
Zillow Group, Inc., Class A* |
1,373 | 121,620 | ||||||
Zynga, Inc., Class A* |
13,089 | 98,560 | ||||||
|
|
|||||||
Total United States |
|
14,078,375 | ||||||
TOTAL COMMON STOCKS (Cost: $14,575,077) |
|
15,805,712 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.1% |
| |||||||
United States – 1.1% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(c) |
||||||||
(Cost: $179,736) | 179,736 | 179,736 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 101.1% (Cost: $14,754,813) |
|
15,985,448 | ||||||
Other Assets less Liabilities – (1.1)% |
|
(170,980 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 15,814,468 |
* |
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, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $928,126 and the total market value of the collateral held by the Fund was $947,990. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $768,254. |
(c) |
Rate shown represents annualized 7-day yield as of September 30, 2021. |
See Notes to Financial Statements.
66 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Growth Leaders Fund (PLAT)
September 30, 2021
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
Quoted (Level 1) |
Other (Level 2) |
Significant (Level 3) |
Total | |||||||||||||
Assets: |
||||||||||||||||
Investments in Securities |
||||||||||||||||
Common Stocks |
$ | 15,805,712 | $ | — | $ | — | $ | 15,805,712 | ||||||||
Investment of Cash Collateral for Securities Loaned |
— | 179,736 | — | 179,736 | ||||||||||||
Total Investments in Securities |
$ | 15,805,712 | $ | 179,736 | $ | — | $ | 15,985,448 |
See Notes to Financial Statements.
WisdomTree Trust | 67 |
Schedule of Investments (unaudited)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2021
Investments | Shares | Value | ||||||
COMMON STOCKS – 103.1% |
| |||||||
India – 103.1% |
| |||||||
Aerospace & Defense – 0.6% |
| |||||||
Bharat Dynamics Ltd. |
45,584 | $ | 235,174 | |||||
Bharat Electronics Ltd. |
1,306,388 | 3,571,877 | ||||||
Hindustan Aeronautics Ltd. |
107,231 | 1,956,674 | ||||||
Mazagon Dock Shipbuilders Ltd. |
86,622 | 293,087 | ||||||
|
|
|||||||
Total Aerospace & Defense |
|
6,056,812 | ||||||
Air Freight & Logistics – 0.0% |
| |||||||
Allcargo Logistics Ltd. |
30,010 | 108,776 | ||||||
TCI Express Ltd. |
6,208 | 129,082 | ||||||
Transport Corp. of India Ltd. |
8,287 | 46,857 | ||||||
|
|
|||||||
Total Air Freight & Logistics |
|
284,715 | ||||||
Auto Components – 1.0% |
| |||||||
Apollo Tyres Ltd. |
149,493 | 454,556 | ||||||
Balkrishna Industries Ltd. |
76,922 | 2,625,623 | ||||||
Bosch Ltd. |
250 | 52,118 | ||||||
Ceat Ltd. |
36,295 | 646,271 | ||||||
Endurance Technologies Ltd.(a) |
19,331 | 412,637 | ||||||
Exide Industries Ltd. |
530,838 | 1,274,755 | ||||||
Gabriel India Ltd. |
1,524 | 3,155 | ||||||
Jamna Auto Industries Ltd. |
160,003 | 192,601 | ||||||
JK Tyre & Industries Ltd. |
428,054 | 867,324 | ||||||
Minda Industries Ltd. |
10,880 | 108,276 | ||||||
Motherson Sumi Systems Ltd. |
551,283 | 1,678,117 | ||||||
Sundram Fasteners Ltd. |
22,465 | 276,880 | ||||||
Suprajit Engineering Ltd. |
23,113 | 100,140 | ||||||
Tube Investments of India Ltd. |
39,376 | 740,997 | ||||||
TVS Srichakra Ltd. |
4,837 | 139,771 | ||||||
|
|
|||||||
Total Auto Components |
|
9,573,221 | ||||||
Automobiles – 2.3% |
| |||||||
Bajaj Auto Ltd. |
81,687 | 4,217,813 | ||||||
Eicher Motors Ltd. |
64,249 | 2,415,110 | ||||||
Hero MotoCorp., Ltd. |
129,997 | 4,960,648 | ||||||
Mahindra & Mahindra Ltd. |
346,984 | 3,753,939 | ||||||
Maruti Suzuki India Ltd. |
57,438 | 5,678,258 | ||||||
TVS Motor Co., Ltd. |
102,561 | 759,181 | ||||||
|
|
|||||||
Total Automobiles |
|
21,784,949 | ||||||
Banks – 10.9% |
| |||||||
AU Small Finance Bank Ltd.*(a) |
75,127 | 1,178,358 | ||||||
Axis Bank Ltd.* |
1,272,116 | 13,137,187 | ||||||
Bandhan Bank Ltd.(a) |
617,120 | 2,352,834 | ||||||
Bank of Baroda* |
41,986 | 46,241 | ||||||
Bank of India* |
827,752 | 618,911 | ||||||
Bank of Maharashtra* |
877,309 | 236,975 | ||||||
Canara Bank* |
634,247 | 1,478,222 | ||||||
City Union Bank Ltd. |
376,176 | 798,951 | ||||||
CSB Bank Ltd.* |
26,109 | 111,485 | ||||||
DCB Bank Ltd.* |
500,563 | 613,671 | ||||||
Equitas Small Finance Bank Ltd.*(a) |
50,741 | 42,519 | ||||||
Federal Bank Ltd. |
3,253,970 | 3,695,526 | ||||||
ICICI Bank Ltd. |
3,657,922 | 34,537,801 | ||||||
IDFC First Bank Ltd.* |
648,385 | 416,228 | ||||||
Indian Bank |
1,011,698 | 1,912,927 | ||||||
Indian Overseas Bank* |
135,619 | 41,566 | ||||||
IndusInd Bank Ltd. |
439,298 | 6,580,519 | ||||||
Jammu & Kashmir Bank Ltd. (The)* |
909,251 | 464,869 | ||||||
Karnataka Bank Ltd. (The) |
1,214,843 | 1,115,376 | ||||||
Karur Vysya Bank Ltd. (The) |
1,448,230 | 934,562 | ||||||
Kotak Mahindra Bank Ltd. |
580,255 | 15,677,497 | ||||||
Punjab National Bank* |
2,690,706 | 1,453,603 | ||||||
RBL Bank Ltd.*(a) |
278,323 | 715,797 | ||||||
South Indian Bank Ltd. (The)* |
2,295,234 | 315,400 | ||||||
State Bank of India |
2,351,244 | 14,349,312 | ||||||
Union Bank of India* |
2,634,236 | 1,286,465 | ||||||
Yes Bank Ltd.*(b) |
3,906,791 | 660,540 | ||||||
|
|
|||||||
Total Banks |
|
104,773,342 | ||||||
Beverages – 0.2% |
| |||||||
Radico Khaitan Ltd. |
58,033 | 688,789 | ||||||
United Spirits Ltd.* |
64,512 | 741,439 | ||||||
Varun Beverages Ltd. |
37,400 | 452,262 | ||||||
|
|
|||||||
Total Beverages |
|
1,882,490 | ||||||
Biotechnology – 0.1% |
| |||||||
Biocon Ltd.* |
175,116 | 855,674 | ||||||
Building Products – 0.1% |
| |||||||
Astral Ltd. |
17,373 | 505,643 | ||||||
Blue Star Ltd. |
26,986 | 330,929 | ||||||
Kajaria Ceramics Ltd. |
11,144 | 179,709 | ||||||
Prince Pipes & Fittings Ltd. |
22,271 | 207,626 | ||||||
|
|
|||||||
Total Building Products |
|
1,223,907 | ||||||
Capital Markets – 0.5% |
| |||||||
Care Ratings Ltd. |
24,115 | 216,711 | ||||||
CRISIL Ltd. |
9,072 | 332,227 | ||||||
Edelweiss Financial Services Ltd. |
320,833 | 342,326 | ||||||
Geojit Financial Services Ltd. |
143,420 | 147,618 | ||||||
HDFC Asset Management Co., Ltd.(a) |
1,255 | 49,177 | ||||||
ICICI Securities Ltd.(a) |
78,199 | 798,925 | ||||||
IIFL Securities Ltd. |
172,660 | 227,027 | ||||||
IIFL Wealth Management Ltd. |
2,102 | 44,516 | ||||||
Indian Energy Exchange Ltd.(a) |
41,108 | 357,734 | ||||||
JM Financial Ltd. |
484,385 | 603,952 | ||||||
Motilal Oswal Financial Services Ltd. |
59,827 | 692,148 | ||||||
Multi Commodity Exchange of India Ltd. |
12,604 | 281,643 | ||||||
Nippon Life India Asset Management Ltd.(a) |
68,831 | 394,426 | ||||||
UTI Asset Management Co., Ltd. |
3,047 | 43,798 | ||||||
|
|
|||||||
Total Capital Markets |
|
4,532,228 | ||||||
Chemicals – 4.8% |
| |||||||
Aarti Industries Ltd. |
87,988 | 1,102,228 | ||||||
Advanced Enzyme Technologies Ltd. |
50,854 | 266,200 | ||||||
Alkyl Amines Chemicals |
3,380 | 174,173 | ||||||
Asian Paints Ltd. |
105,490 | 4,611,204 | ||||||
Atul Ltd. |
9,462 | 1,206,219 | ||||||
Balaji Amines Ltd. |
5,539 | 337,097 | ||||||
BASF India Ltd. |
1,908 | 88,110 |
See Notes to Financial Statements.
68 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2021
Investments | Shares | Value | ||||||
Bayer CropScience Ltd. |
661 | $ | 47,179 | |||||
Berger Paints India Ltd. |
87,832 | 957,274 | ||||||
Bhansali Engineering Polymers Ltd. |
156,189 | 390,328 | ||||||
Carborundum Universal Ltd. |
3,914 | 46,800 | ||||||
Castrol India Ltd. |
412,714 | 779,529 | ||||||
Chambal Fertilizers and Chemicals Ltd. |
634,821 | 2,898,826 | ||||||
Coromandel International Ltd. |
95,095 | 1,017,793 | ||||||
DCM Shriram Ltd. |
96,667 | 1,316,502 | ||||||
Deepak Fertilisers & Petrochemicals Corp., Ltd. |
91,762 | 503,577 | ||||||
Deepak Nitrite Ltd. |
51,545 | 1,671,155 | ||||||
Dhanuka Agritech Ltd. |
8,186 | 90,090 | ||||||
EID Parry India Ltd.* |
174,904 | 991,305 | ||||||
Finolex Industries Ltd. |
322,682 | 907,696 | ||||||
Galaxy Surfactants Ltd. |
5,191 | 230,299 | ||||||
GHCL Ltd. |
98,517 | 591,215 | ||||||
Gujarat Alkalies & Chemicals Ltd. |
123,913 | 1,123,067 | ||||||
Gujarat Narmada Valley Fertilizers & Chemicals Ltd. |
305,814 | 1,789,091 | ||||||
Gujarat State Fertilizers & Chemicals Ltd. |
590,435 | 1,028,106 | ||||||
Gulf Oil Lubricants India Ltd. |
60,375 | 475,175 | ||||||
Himadri Speciality Chemical Ltd. |
274,318 | 190,510 | ||||||
I G Petrochemicals Ltd. |
11,785 | 117,830 | ||||||
India Glycols Ltd. |
8,654 | 94,296 | ||||||
INEOS Styrolution India Ltd. |
3,651 | 68,141 | ||||||
Jindal Poly Films Ltd. |
33,889 | 468,358 | ||||||
Jubilant Ingrevia Ltd. |
74,642 | 759,970 | ||||||
Kansai Nerolac Paints Ltd. |
67,893 | 579,209 | ||||||
Kiri Industries Ltd. |
92,366 | 637,736 | ||||||
Linde India Ltd. |
15,148 | 531,504 | ||||||
Manali Petrochemicals Ltd. |
209,720 | 338,620 | ||||||
National Fertilizers Ltd.* |
314,953 | 252,675 | ||||||
Navin Fluorine International Ltd. |
16,972 | 842,512 | ||||||
NOCIL Ltd. |
5,546 | 21,720 | ||||||
Phillips Carbon Black Ltd. |
109,826 | 395,346 | ||||||
PI Industries Ltd. |
33,903 | 1,451,694 | ||||||
Pidilite Industries Ltd. |
44,451 | 1,426,426 | ||||||
Polyplex Corp. Ltd. |
46,677 | 1,086,190 | ||||||
Rain Industries Ltd. |
271,004 | 879,524 | ||||||
Rallis India Ltd. |
27,378 | 105,451 | ||||||
Rashtriya Chemicals & Fertilizers Ltd. |
374,985 | 417,787 | ||||||
SH Kelkar & Co., Ltd.(a) |
58,682 | 126,768 | ||||||
Sharda Cropchem Ltd. |
47,617 | 212,080 | ||||||
Solar Industries India Ltd. |
4,004 | 114,266 | ||||||
SRF Ltd. |
17,148 | 2,605,692 | ||||||
Sudarshan Chemical Industries |
30,295 | 268,615 | ||||||
Sumitomo Chemical India Ltd. |
22,920 | 124,176 | ||||||
Supreme Industries Ltd. |
30,000 | 943,538 | ||||||
Supreme Petrochem Ltd. |
26,181 | 242,243 | ||||||
Tata Chemicals Ltd. |
4,312 | 53,404 | ||||||
Thirumalai Chemicals Ltd. |
2,014 | 8,269 | ||||||
UPL Ltd. |
566,401 | 5,400,182 | ||||||
Valiant Organics Ltd.(a) |
5,560 | 104,563 | ||||||
Vinati Organics Ltd. |
12,223 | 319,138 | ||||||
|
|
|||||||
Total Chemicals |
|
45,828,671 | ||||||
Commercial Services & Supplies – 0.1% |
| |||||||
Indian Railway Catering & Tourism Corp. Ltd. |
8,909 | 455,907 | ||||||
ION Exchange India Ltd. |
2,021 | 62,697 | ||||||
SIS Ltd.* |
30,871 | 205,952 | ||||||
|
|
|||||||
Total Commercial Services & Supplies |
|
724,556 | ||||||
Communications Equipment – 0.1% |
| |||||||
Sterlite Technologies Ltd. |
170,436 | 656,808 | ||||||
Construction & Engineering – 2.8% |
| |||||||
Ashoka Buildcon Ltd.* |
311,597 | 413,280 | ||||||
Dilip Buildcon Ltd.(a) |
5,630 | 43,112 | ||||||
Engineers India Ltd. |
646,822 | 686,231 | ||||||
GE Power India Ltd. |
3,154 | 12,953 | ||||||
HG Infra Engineering Ltd. |
5,944 | 51,819 | ||||||
IRB Infrastructure Developers Ltd.* |
237,158 | 650,505 | ||||||
IRCON International Ltd.(a) |
438,321 | 266,911 | ||||||
J Kumar Infraprojects Ltd. |
11,807 | 29,976 | ||||||
Kalpataru Power Transmission Ltd. |
132,910 | 723,751 | ||||||
KEC International Ltd. |
142,508 | 850,699 | ||||||
KNR Constructions Ltd. |
208,968 | 807,269 | ||||||
Larsen & Toubro Ltd. |
805,790 | 18,486,681 | ||||||
NBCC India Ltd. |
287,742 | 188,785 | ||||||
NCC Ltd. |
812,058 | 902,013 | ||||||
PNC Infratech Ltd. |
44,152 | 227,727 | ||||||
Praj Industries Ltd. |
19,915 | 94,628 | ||||||
PSP Projects Ltd. |
10,381 | 67,465 | ||||||
Rail Vikas Nigam Ltd. |
773,691 | 314,782 | ||||||
Techno Electric & Engineering Co., Ltd. |
62,705 | 236,493 | ||||||
Voltas Ltd. |
94,959 | 1,558,247 | ||||||
Welspun Enterprises Ltd. |
248,400 | 359,913 | ||||||
|
|
|||||||
Total Construction & Engineering |
|
26,973,240 | ||||||
Construction Materials – 3.1% |
| |||||||
ACC Ltd. |
80,596 | 2,447,930 | ||||||
Ambuja Cements Ltd. |
692,487 | 3,733,566 | ||||||
Birla Corp., Ltd. |
59,789 | 1,156,432 | ||||||
Dalmia Bharat Ltd. |
17,969 | 509,760 | ||||||
Grasim Industries Ltd. |
424,751 | 9,553,071 | ||||||
HeidelbergCement India Ltd. |
90,902 | 314,488 | ||||||
HIL Ltd. |
1,640 | 113,708 | ||||||
India Cements Ltd. (The) |
157,242 | 424,311 | ||||||
JK Cement Ltd. |
23,323 | 976,485 | ||||||
JK Lakshmi Cement Ltd. |
120,140 | 1,000,095 | ||||||
KCP Ltd. (The) |
93,728 | 171,224 | ||||||
Orient Cement Ltd. |
33,736 | 72,242 | ||||||
Ramco Cements Ltd. (The) |
84,166 | 1,116,487 | ||||||
Sagar Cements Ltd. |
26,795 | 106,328 | ||||||
Shree Cement Ltd. |
3,306 | 1,287,239 | ||||||
Star Cement Ltd.* |
33,349 | 48,185 | ||||||
UltraTech Cement Ltd. |
69,676 | 6,942,584 | ||||||
|
|
|||||||
Total Construction Materials |
|
29,974,135 | ||||||
Consumer Finance – 2.9% |
| |||||||
Bajaj Finance Ltd. |
69,452 | 7,174,765 | ||||||
Capri Global Capital Ltd. |
17,860 | 123,975 |
See Notes to Financial Statements.
WisdomTree Trust | 69 |
Schedule of Investments (unaudited) (continued)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2021
Investments | Shares | Value | ||||||
Cholamandalam Financial Holdings Ltd. |
113,031 | $ | 1,048,043 | |||||
Cholamandalam Investment and Finance Co., Ltd. |
355,980 | 2,706,028 | ||||||
Equitas Holdings Ltd. |
648,297 | 1,056,804 | ||||||
Mahindra & Mahindra Financial Services Ltd. |
471,386 | 1,176,123 | ||||||
Manappuram Finance Ltd. |
1,221,478 | 2,783,510 | ||||||
MAS Financial Services Ltd.(a) |
11,174 | 117,419 | ||||||
Muthoot Finance Ltd. |
136,706 | 2,671,041 | ||||||
Paisalo Digital Ltd. |
7,730 | 92,955 | ||||||
Repco Home Finance Ltd. |
155,950 | 658,340 | ||||||
SBI Cards & Payment Services Ltd.* |
17,860 | 247,734 | ||||||
Shriram City Union Finance Ltd. |
21,242 | 581,864 | ||||||
Shriram Transport Finance Co., Ltd. |
313,949 | 5,493,552 | ||||||
Sundaram Finance Ltd. |
62,352 | 2,058,156 | ||||||
|
|
|||||||
Total Consumer Finance |
|
27,990,309 | ||||||
Containers & Packaging – 0.2% |
| |||||||
Cosmo Films Ltd. |
1,253 | 25,210 | ||||||
EPL Ltd. |
3,240 | 10,460 | ||||||
Huhtamaki India Ltd. |
51,981 | 186,033 | ||||||
Jai Corp., Ltd. |
48,093 | 84,326 | ||||||
Time Technoplast Ltd. |
275,179 | 265,809 | ||||||
Uflex Ltd. |
223,986 | 1,632,199 | ||||||
|
|
|||||||
Total Containers & Packaging |
|
2,204,037 | ||||||
Diversified Financial Services – 3.8% |
| |||||||
Aditya Birla Capital Ltd.* |
124,299 | 188,808 | ||||||
Bajaj Finserv Ltd. |
19,305 | 4,625,957 | ||||||
Bajaj Holdings & Investment Ltd. |
50,035 | 3,241,363 | ||||||
Housing & Urban Development Corp. Ltd. |
917,761 | 557,006 | ||||||
Indian Railway Finance Corp., Ltd.(a) |
3,716,759 | 1,144,157 | ||||||
L&T Finance Holdings Ltd.* |
809,837 | 992,283 | ||||||
Piramal Enterprises Ltd. |
37,516 | 1,311,967 | ||||||
Power Finance Corp., Ltd. |
7,459,743 | 14,280,819 | ||||||
REC Ltd. |
4,831,080 | 10,273,631 | ||||||
|
|
|||||||
Total Diversified Financial Services |
|
36,615,991 | ||||||
Diversified Telecommunication Services – 0.7% |
| |||||||
HFCL Ltd. |
710,731 | 683,657 | ||||||
Indus Towers Ltd. |
1,095,609 | 4,556,458 | ||||||
Railtel Corp. of India Ltd. |
89,103 | 154,432 | ||||||
Tata Communications Ltd. |
61,190 | 1,147,300 | ||||||
|
|
|||||||
Total Diversified Telecommunication Services |
|
6,541,847 | ||||||
Electric Utilities – 2.9% |
| |||||||
Adani Transmission Ltd.* |
53,938 | 1,132,496 | ||||||
CESC Ltd. |
2,116,658 | 2,610,623 | ||||||
Power Grid Corp. of India Ltd. |
7,451,153 | 19,062,666 | ||||||
SJVN Ltd. |
1,719,120 | 651,958 | ||||||
Tata Power Co., Ltd. (The) |
1,275,260 | 2,727,393 | ||||||
Torrent Power Ltd. |
234,879 | 1,598,136 | ||||||
|
|
|||||||
Total Electric Utilities |
|
27,783,272 | ||||||
Electrical Equipment – 0.6% |
| |||||||
ABB India Ltd. |
2,968 | 74,796 | ||||||
Amara Raja Batteries Ltd. |
29,465 | 297,637 | ||||||
Finolex Cables Ltd. |
116,369 | 763,643 | ||||||
Havells India Ltd. |
121,084 | 2,239,877 | ||||||
KEI Industries Ltd. |
85,043 | 1,062,185 | ||||||
Polycab India Ltd. |
18,247 | 587,277 | ||||||
Suzlon Energy Ltd.* |
1,037,360 | 90,142 | ||||||
V-Guard Industries Ltd. |
83,508 | 290,201 | ||||||
|
|
|||||||
Total Electrical Equipment |
|
5,405,758 | ||||||
Electronic Equipment, Instruments & Components – 0.2% |
| |||||||
Redington India Ltd. |
1,013,951 | 1,904,210 | ||||||
Equity Real Estate Investment Trusts (REITs) – 0.0% |
| |||||||
Mindspace Business Parks REIT(a) |
59,770 | 247,036 | ||||||
Food & Staples Retailing – 0.1% |
| |||||||
Avenue Supermarts Ltd.*(a) |
17,768 | 1,017,380 | ||||||
Food Products – 1.2% |
| |||||||
ADF Foods Ltd. |
2,319 | 27,576 | ||||||
Avanti Feeds Ltd. |
49,234 | 357,610 | ||||||
Balrampur Chini Mills Ltd. |
357,834 | 1,766,814 | ||||||
Bombay Burmah Trading Co. |
4,749 | 73,432 | ||||||
Britannia Industries Ltd. |
31,123 | 1,655,763 | ||||||
CCL Products India Ltd. |
72,521 | 375,709 | ||||||
Dalmia Bharat Sugar & Industries Ltd. |
19,093 | 106,091 | ||||||
Dhampur Sugar Mills Ltd. |
85,778 | 339,114 | ||||||
Godrej Agrovet Ltd.(a) |
15,808 | 136,299 | ||||||
Gujarat Ambuja Exports Ltd. |
108,212 | 252,571 | ||||||
Heritage Foods Ltd. |
51,477 | 316,619 | ||||||
Kaveri Seed Co., Ltd. |
61,096 | 476,652 | ||||||
KRBL Ltd. |
129,380 | 551,056 | ||||||
LT Foods Ltd. |
522,427 | 507,101 | ||||||
Nestle India Ltd. |
8,818 | 2,310,072 | ||||||
Tata Coffee Ltd. |
41,067 | 112,616 | ||||||
Tata Consumer Products Ltd. |
149,698 | 1,640,823 | ||||||
Triveni Engineering & Industries Ltd. |
72,040 | 179,596 | ||||||
Venky’s India Ltd. |
8,845 | 349,999 | ||||||
|
|
|||||||
Total Food Products |
|
11,535,513 | ||||||
Gas Utilities – 1.7% |
| |||||||
Adani Total Gas Ltd. |
41,544 | 796,515 | ||||||
GAIL India Ltd. |
4,249,792 | 9,094,735 | ||||||
Gujarat Gas Ltd. |
146,126 | 1,254,899 | ||||||
Gujarat State Petronet Ltd. |
606,754 | 2,583,063 | ||||||
Indraprastha Gas Ltd. |
257,458 | 1,849,057 | ||||||
Mahanagar Gas Ltd. |
81,467 | 1,188,242 | ||||||
|
|
|||||||
Total Gas Utilities |
|
16,766,511 | ||||||
Health Care Equipment & Supplies – 0.0% |
| |||||||
Poly Medicure Ltd. |
10,932 | 136,548 | ||||||
Health Care Providers & Services – 0.2% |
| |||||||
Apollo Hospitals Enterprise Ltd. |
16,126 | 973,632 | ||||||
Aster DM Healthcare Ltd.*(a) |
74,265 | 207,655 | ||||||
Dr. Lal PathLabs Ltd.(a) |
6,385 | 316,276 | ||||||
Metropolis Healthcare Ltd.(a) |
1,189 | 43,262 | ||||||
|
|
|||||||
Total Health Care Providers & Services |
|
1,540,825 | ||||||
Hotels, Restaurants & Leisure – 0.1% |
| |||||||
Jubilant Foodworks Ltd. |
21,267 | 1,157,763 |
See Notes to Financial Statements.
70 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2021
Investments | Shares | Value | ||||||
Household Durables – 0.3% |
| |||||||
Amber Enterprises India Ltd.* |
5,290 | $ | 232,596 | |||||
Bajaj Electricals Ltd.* |
5,410 | 95,161 | ||||||
Crompton Greaves Consumer Electricals Ltd. |
244,580 | 1,577,978 | ||||||
Dixon Technologies India Ltd. |
827 | 51,383 | ||||||
Orient Electric Ltd. |
55,741 | 249,202 | ||||||
Symphony Ltd. |
9,357 | 135,002 | ||||||
Whirlpool of India Ltd. |
20,928 | 644,228 | ||||||
|
|
|||||||
Total Household Durables |
|
2,985,550 | ||||||
Household Products – 0.9% |
| |||||||
Hindustan Unilever Ltd. |
241,813 | 8,801,729 | ||||||
Jyothy Labs Ltd. |
40,458 | 91,896 | ||||||
|
|
|||||||
Total Household Products |
|
8,893,625 | ||||||
Independent Power & Renewable Electricity Producers – 3.5% |
| |||||||
Adani Power Ltd.* |
428,159 | 560,092 | ||||||
Jaiprakash Power Ventures Ltd.* |
4,027,413 | 236,021 | ||||||
JSW Energy Ltd. |
286,555 | 1,505,208 | ||||||
NHPC Ltd. |
6,205,582 | 2,495,525 | ||||||
NLC India Ltd. |
64,772 | 53,535 | ||||||
NTPC Ltd. |
13,909,762 | 26,581,789 | ||||||
PTC India Ltd. |
1,165,029 | 1,818,310 | ||||||
Reliance Power Ltd.* |
2,090,214 | 384,378 | ||||||
|
|
|||||||
Total Independent Power & Renewable Electricity Producers |
|
33,634,858 | ||||||
Industrial Conglomerates – 0.3% |
| |||||||
Apar Industries Ltd. |
10,834 | 94,076 | ||||||
Balmer Lawrie & Co., Ltd. |
207,068 | 360,700 | ||||||
Godrej Industries Ltd.* |
53,332 | 416,116 | ||||||
Nava Bharat Ventures Ltd. |
451,435 | 742,585 | ||||||
Siemens Ltd. |
48,642 | 1,395,417 | ||||||
|
|
|||||||
Total Industrial Conglomerates |
|
3,008,894 | ||||||
Insurance – 0.6% |
| |||||||
General Insurance Corp. of India*(a) |
396,565 | 774,939 | ||||||
HDFC Life Insurance Co., Ltd.(a) |
75,463 | 734,424 | ||||||
ICICI Lombard General Insurance Co., Ltd.(a) |
47,647 | 1,020,308 | ||||||
ICICI Prudential Life Insurance Co., Ltd.(a) |
118,634 | 1,073,783 | ||||||
Max Financial Services Ltd.* |
52,690 | 719,995 | ||||||
New India Assurance Co., Ltd. (The)*(a) |
307,696 | 676,515 | ||||||
SBI Life Insurance Co., Ltd.(a) |
76,615 | 1,254,183 | ||||||
|
|
|||||||
Total Insurance |
|
6,254,147 | ||||||
Interactive Media & Services – 0.3% |
| |||||||
Brightcom Group Ltd. |
1,421,539 | 1,115,552 | ||||||
Info Edge India Ltd. |
13,490 | 1,168,834 | ||||||
Just Dial Ltd.* |
43,348 | 577,681 | ||||||
|
|
|||||||
Total Interactive Media & Services |
|
2,862,067 | ||||||
IT Services – 13.0% |
| |||||||
Cigniti Technologies Ltd. |
6,232 | 51,324 | ||||||
Coforge Ltd. |
13,628 | 962,291 | ||||||
Computer Age Management Services Ltd. |
1,942 | 79,392 | ||||||
eClerx Services Ltd. |
17,439 | 508,422 | ||||||
Firstsource Solutions Ltd. |
298,764 | 786,883 | ||||||
HCL Technologies Ltd. |
966,171 | 16,655,069 | ||||||
Hinduja Global Solutions Ltd. |
1,262 | 48,651 | ||||||
Infibeam Avenues Ltd. |
313,998 | 174,919 | ||||||
Infosys Ltd. |
2,261,596 | 51,040,728 | ||||||
Larsen & Toubro Infotech Ltd.(a) |
20,598 | 1,599,819 | ||||||
Mastek Ltd. |
1,239 | 52,062 | ||||||
Mindtree Ltd. |
27,454 | 1,553,461 | ||||||
Mphasis Ltd. |
55,406 | 2,317,233 | ||||||
NIIT Ltd. |
11,626 | 58,312 | ||||||
Persistent Systems Ltd. |
25,937 | 1,298,571 | ||||||
Sonata Software Ltd. |
53,698 | 632,852 | ||||||
Suvidhaa Infoserve Ltd.* |
1 | 0 | ||||||
Tata Consultancy Services Ltd. |
585,963 | 29,804,757 | ||||||
Tech Mahindra Ltd. |
456,220 | 8,485,498 | ||||||
Vakrangee Ltd. |
330,152 | 180,137 | ||||||
Wipro Ltd. |
997,726 | 8,523,230 | ||||||
|
|
|||||||
Total IT Services |
|
124,813,611 | ||||||
Life Sciences Tools & Services – 0.4% |
| |||||||
Divi’s Laboratories Ltd. |
47,901 | 3,096,730 | ||||||
Syngene International Ltd.*(a) |
43,168 | 348,880 | ||||||
|
|
|||||||
Total Life Sciences Tools & Services |
|
3,445,610 | ||||||
Machinery – 0.6% |
| |||||||
AIA Engineering Ltd. |
38,703 | 1,019,514 | ||||||
BEML Ltd. |
17,973 | 347,099 | ||||||
Cochin Shipyard Ltd.(a) |
129,240 | 631,770 | ||||||
Cummins India Ltd. |
93,760 | 1,252,975 | ||||||
Escorts Ltd. |
61,864 | 1,233,571 | ||||||
Grindwell Norton Ltd. |
4,943 | 91,408 | ||||||
ISGEC Heavy Engineering Ltd. |
5,827 | 56,525 | ||||||
Kirloskar Brothers Ltd. |
9,674 | 51,389 | ||||||
Kirloskar Oil Engines Ltd. |
29,748 | 83,280 | ||||||
Schaeffler India Ltd. |
969 | 98,673 | ||||||
SKF India Ltd. |
17,022 | 708,892 | ||||||
Thermax Ltd. |
22,389 | 410,122 | ||||||
Timken India Ltd. |
11,775 | 268,877 | ||||||
|
|
|||||||
Total Machinery |
|
6,254,095 | ||||||
Marine – 0.1% |
| |||||||
Shipping Corp. of India Ltd. |
494,186 | 807,249 | ||||||
Media – 0.7% |
| |||||||
Affle India Ltd.* |
142 | 10,224 | ||||||
DB Corp., Ltd. |
482,835 | 636,495 | ||||||
Jagran Prakashan Ltd.* |
314,137 | 251,809 | ||||||
Sun TV Network Ltd. |
142,578 | 970,689 | ||||||
TV Today Network Ltd. |
42,232 | 165,309 | ||||||
TV18 Broadcast Ltd.* |
767,704 | 392,501 | ||||||
Zee Entertainment Enterprises Ltd. |
994,183 | 4,060,978 | ||||||
|
|
|||||||
Total Media |
|
6,488,005 | ||||||
Metals & Mining – 7.2% |
| |||||||
APL Apollo Tubes Ltd.* |
91,128 | 1,008,912 | ||||||
Godawari Power and Ispat Ltd. |
39,556 | 681,555 | ||||||
Hindalco Industries Ltd. |
1,291,411 | 8,489,360 | ||||||
Hindustan Zinc Ltd. |
382,573 | 1,606,005 | ||||||
Indian Metals & Ferro Alloys Ltd. |
20,845 | 210,325 |
See Notes to Financial Statements.
WisdomTree Trust | 71 |
Schedule of Investments (unaudited) (continued)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2021
Investments | Shares | Value | ||||||
Jindal Saw Ltd. |
359,112 | $ | 551,773 | |||||
Jindal Stainless Hisar Ltd.* |
142,112 | 552,538 | ||||||
Jindal Stainless Ltd.* |
75,863 | 165,569 | ||||||
Jindal Steel & Power Ltd.* |
747,452 | 3,919,648 | ||||||
JSW Steel Ltd. |
1,217,715 | 10,963,577 | ||||||
Kalyani Steels Ltd. |
76,282 | 395,245 | ||||||
Kirloskar Ferrous Industries Ltd. |
97,489 | 318,364 | ||||||
Maithan Alloys Ltd. |
15,114 | 238,782 | ||||||
Mishra Dhatu Nigam Ltd.(a) |
201,359 | 509,450 | ||||||
National Aluminium Co., Ltd. |
1,115,892 | 1,404,120 | ||||||
NMDC Ltd. |
3,330,392 | 6,416,033 | ||||||
Ratnamani Metals & Tubes Ltd. |
1,672 | 49,248 | ||||||
Sarda Energy & Minerals Ltd. |
30,951 | 296,573 | ||||||
Steel Authority of India Ltd. |
3,168,248 | 4,850,916 | ||||||
Sunflag Iron & Steel Co.* |
343,424 | 378,922 | ||||||
Surya Roshni Ltd. |
18,163 | 182,493 | ||||||
Tata Metaliks Ltd. |
35,102 | 489,094 | ||||||
Tata Steel BSL Ltd.* |
635,478 | 724,279 | ||||||
Tata Steel Long Products Ltd. |
33,449 | 407,954 | ||||||
Tata Steel Ltd. |
701,063 | 12,173,387 | ||||||
Tinplate Co. of India Ltd. (The) |
6,605 | 25,556 | ||||||
Usha Martin Ltd.* |
222,512 | 257,053 | ||||||
Vedanta Ltd. |
2,827,100 | 10,955,715 | ||||||
Welspun Corp., Ltd. |
772,883 | 1,508,230 | ||||||
|
|
|||||||
Total Metals & Mining |
|
69,730,676 | ||||||
Oil, Gas & Consumable Fuels – 18.4% |
| |||||||
Aegis Logistics Ltd. |
108,144 | 331,596 | ||||||
Bharat Petroleum Corp., Ltd. |
2,770,750 | 16,133,079 | ||||||
Chennai Petroleum Corp., Ltd.* |
317,934 | 523,197 | ||||||
Coal India Ltd. |
5,508,636 | 13,736,803 | ||||||
Great Eastern Shipping Co., Ltd. (The) |
498,725 | 2,477,248 | ||||||
Hindustan Oil Exploration Co., Ltd.* |
25,925 | 73,834 | ||||||
Hindustan Petroleum Corp., Ltd. |
4,477,135 | 18,094,918 | ||||||
Indian Oil Corp., Ltd. |
11,669,833 | 19,699,304 | ||||||
Oil & Natural Gas Corp., Ltd. |
8,679,229 | 16,896,010 | ||||||
Oil India Ltd. |
1,502,437 | 5,266,702 | ||||||
Petronet LNG Ltd. |
1,502,348 | 4,828,199 | ||||||
Reliance Industries Ltd. |
2,341,424 | 79,466,942 | ||||||
|
|
|||||||
Total Oil, Gas & Consumable Fuels |
|
177,527,832 | ||||||
Paper & Forest Products – 0.2% |
| |||||||
Century Plyboards India Ltd. |
46,619 | 296,850 | ||||||
Greenply Industries Ltd. |
2,543 | 6,203 | ||||||
JK Paper Ltd. |
393,461 | 1,215,461 | ||||||
|
|
|||||||
Total Paper & Forest Products |
|
1,518,514 | ||||||
Personal Products – 0.9% |
| |||||||
Bajaj Consumer Care Ltd. |
193,227 | 657,041 | ||||||
Colgate-Palmolive India Ltd. |
44,563 | 1,002,296 | ||||||
Dabur India Ltd. |
221,787 | 1,843,706 | ||||||
Emami Ltd. |
61,600 | 476,352 | ||||||
Godrej Consumer Products Ltd.* |
189,400 | 2,627,908 | ||||||
Marico Ltd. |
235,056 | 1,733,766 | ||||||
|
|
|||||||
Total Personal Products |
|
8,341,069 | ||||||
Pharmaceuticals – 4.4% |
| |||||||
Aarti Drugs Ltd. |
41,098 | 336,248 | ||||||
Ajanta Pharma Ltd. |
16,206 | 497,375 | ||||||
Alembic Ltd. |
317,940 | 493,438 | ||||||
Alembic Pharmaceuticals Ltd. |
91,198 | 969,511 | ||||||
Alkem Laboratories Ltd. |
17,168 | 920,704 | ||||||
Amrutanjan Health Care Ltd. |
4,797 | 53,975 | ||||||
AstraZeneca Pharma India Ltd. |
1,014 | 42,206 | ||||||
Aurobindo Pharma Ltd. |
778,314 | 7,599,906 | ||||||
Cadila Healthcare Ltd. |
213,386 | 1,586,435 | ||||||
Caplin Point Laboratories Ltd. |
20,152 | 240,065 | ||||||
Cipla Ltd. |
311,470 | 4,127,127 | ||||||
Dr. Reddy’s Laboratories Ltd. |
66,996 | 4,405,205 | ||||||
Eris Lifesciences Ltd.(a) |
14,412 | 147,668 | ||||||
FDC Ltd.* |
63,428 | 298,565 | ||||||
Gland Pharma Ltd.*(a) |
922 | 46,206 | ||||||
GlaxoSmithKline Pharmaceuticals Ltd. |
1,162 | 23,181 | ||||||
Glenmark Pharmaceuticals Ltd. |
210,580 | 1,448,123 | ||||||
Granules India Ltd. |
194,053 | 837,491 | ||||||
Indoco Remedies Ltd. |
16,127 | 97,606 | ||||||
IOL Chemicals and Pharmaceuticals Ltd. |
102,249 | 817,964 | ||||||
Ipca Laboratories Ltd. |
36,677 | 1,191,487 | ||||||
JB Chemicals & Pharmaceuticals Ltd. |
15,873 | 399,233 | ||||||
Jubilant Pharmova Ltd. |
141,445 | 1,188,403 | ||||||
Laurus Labs Ltd.(a) |
163,368 | 1,356,751 | ||||||
Lupin Ltd. |
128,243 | 1,644,081 | ||||||
Marksans Pharma Ltd. |
524,365 | 487,436 | ||||||
Morepen Laboratories Ltd.* |
341,634 | 260,733 | ||||||
Natco Pharma Ltd. |
72,911 | 875,737 | ||||||
Pfizer Ltd. |
3,825 | 287,598 | ||||||
Sanofi India Ltd. |
435 | 45,710 | ||||||
Shilpa Medicare Ltd. |
9,156 | 68,694 | ||||||
Solara Active Pharma Sciences Ltd. |
10,242 | 220,715 | ||||||
Strides Pharma Science Ltd. |
88,292 | 701,197 | ||||||
Sun Pharmaceutical Industries Ltd. |
513,849 | 5,664,436 | ||||||
Suven Pharmaceuticals Ltd. |
132,048 | 939,737 | ||||||
Torrent Pharmaceuticals Ltd. |
22,504 | 935,450 | ||||||
Wockhardt Ltd.* |
114,320 | 700,374 | ||||||
|
|
|||||||
Total Pharmaceuticals |
|
41,956,771 | ||||||
Professional Services – 0.1% |
| |||||||
L&T Technology Services Ltd.(a) |
16,858 | 1,066,873 | ||||||
Real Estate Management & Development – 0.4% |
| |||||||
DLF Ltd. |
10,738 | 60,354 | ||||||
NESCO Ltd. |
19,980 | 163,361 | ||||||
Oberoi Realty Ltd.* |
108,093 | 1,404,106 | ||||||
Phoenix Mills Ltd. (The) |
29,882 | 385,846 | ||||||
Prestige Estates Projects Ltd. |
168,383 | 1,113,479 | ||||||
Sobha Ltd. |
51,782 | 551,009 | ||||||
Sunteck Realty Ltd. |
18,117 | 117,558 | ||||||
|
|
|||||||
Total Real Estate Management & Development |
|
3,795,713 | ||||||
Road & Rail – 0.0% |
| |||||||
Container Corp. of India Ltd. |
33,511 | 317,966 |
See Notes to Financial Statements.
72 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2021
Investments | Shares | Value | ||||||
Software – 0.4% |
| |||||||
Birlasoft Ltd. |
199,399 | $ | 1,100,452 | |||||
Cyient Ltd. |
73,291 | 1,049,342 | ||||||
DRC Systems India Ltd.*‡ |
0 | 1 | ||||||
Intellect Design Arena Ltd.* |
12,236 | 117,031 | ||||||
KPIT Technologies Ltd. |
10,690 | 49,218 | ||||||
Oracle Financial Services Software Ltd. |
10,497 | 644,287 | ||||||
Subex Ltd. |
29,549 | 20,402 | ||||||
Tanla Platforms Ltd. |
2,547 | 29,933 | ||||||
Tata Elxsi Ltd. |
12,663 | 954,329 | ||||||
Zensar Technologies Ltd. |
7,646 | 49,217 | ||||||
|
|
|||||||
Total Software |
|
4,014,212 | ||||||
Textiles, Apparel & Luxury Goods – 0.8% |
| |||||||
Filatex India Ltd. |
103,648 | 144,523 | ||||||
Garware Technical Fibres Ltd. |
2,077 | 93,337 | ||||||
Indo Count Industries Ltd. |
36,015 | 143,546 | ||||||
Kalyan Jewellers India Ltd.* |
20,635 | 20,266 | ||||||
KPR Mill Ltd. |
7,840 | 44,915 | ||||||
LUX Industries Ltd. |
5,374 | 254,877 | ||||||
Page Industries Ltd. |
676 | 288,741 | ||||||
Rajesh Exports Ltd. |
81,677 | 645,911 | ||||||
Relaxo Footwears Ltd. |
19,672 | 302,405 | ||||||
Rupa & Co., Ltd. |
6,619 | 40,208 | ||||||
Titan Co., Ltd. |
116,654 | 3,397,507 | ||||||
Trident Ltd. |
2,077,364 | 783,620 | ||||||
Vaibhav Global Ltd. |
4,512 | 42,520 | ||||||
Vardhman Textiles Ltd. |
1,838 | 45,869 | ||||||
Welspun India Ltd. |
449,978 | 1,026,321 | ||||||
|
|
|||||||
Total Textiles, Apparel & Luxury Goods |
|
7,274,566 | ||||||
Thrifts & Mortgage Finance – 6.3% |
| |||||||
Aavas Financiers Ltd.* |
7,655 | 264,010 | ||||||
Can Fin Homes Ltd. |
122,086 | 1,129,617 | ||||||
Housing Development Finance Corp., Ltd. |
1,393,453 | 51,705,737 | ||||||
IIFL Finance Ltd. |
159,395 | 616,300 | ||||||
Indiabulls Housing Finance Ltd. |
532,539 | 1,661,954 | ||||||
LIC Housing Finance Ltd. |
821,340 | 4,725,381 | ||||||
PNB Housing Finance Ltd.*(a) |
69,588 | 583,029 | ||||||
|
|
|||||||
Total Thrifts & Mortgage Finance |
|
60,686,028 | ||||||
Tobacco – 1.1% |
| |||||||
Godfrey Phillips India Ltd. |
25,842 | 416,278 | ||||||
ITC Ltd. |
3,195,902 | 10,167,556 | ||||||
|
|
|||||||
Total Tobacco |
|
10,583,834 | ||||||
Trading Companies & Distributors – 0.2% |
| |||||||
Adani Enterprises Ltd. |
72,673 | 1,437,354 | ||||||
IndiaMart InterMesh Ltd.(a) |
402 | 45,378 | ||||||
MSTC Ltd. |
26,773 | 111,958 | ||||||
|
|
|||||||
Total Trading Companies & Distributors |
|
1,594,690 | ||||||
Transportation Infrastructure – 0.8% |
| |||||||
Adani Ports & Special Economic Zone Ltd. |
667,081 | 6,631,492 | ||||||
Gateway Distriparks Ltd. |
24,858 | 79,151 | ||||||
Gujarat Pipavav Port Ltd. |
470,137 | 700,511 | ||||||
|
|
|||||||
Total Transportation Infrastructure |
|
7,411,154 | ||||||
Water Utilities – 0.0% |
| |||||||
VA Tech Wabag Ltd.* |
44,497 | 199,503 | ||||||
TOTAL COMMON STOCKS (Cost: $539,453,023) |
991,438,860 | |||||||
Principal Amount |
||||||||
FOREIGN CORPORATE BOND – 0.0% |
| |||||||
India – 0.0% |
| |||||||
Britannia
Industries Ltd. |
||||||||
(Cost: $11,593) | 843,639 | INR | 11,434 | |||||
Shares | ||||||||
EXCHANGE-TRADED FUND – 0.0% |
| |||||||
United States – 0.0% |
| |||||||
WisdomTree India ex-State-Owned Enterprises Fund(c) |
||||||||
(Cost: $26,901) | 1,100 | 39,516 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 103.1% (Cost: $539,491,517) |
991,489,810 | |||||||
Other Assets less Liabilities – (3.1)% |
(29,491,432 | ) | ||||||
|
|
|||||||
NET ASSETS – 100.0% | $ | 961,998,378 |
* |
Non-income producing security. |
‡ |
Share amount represents a fractional share. |
(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) |
This security, or a portion thereof, is restricted from resale (see Note 2 – Restricted Securities). In accordance with a reconstruction scheme notified by the government of India applicable to Yes Bank Ltd., effective March 16, 2020, 75% of all shares of Yes Bank Ltd. held by then-existing shareholders are subject to a three-year lock-in period and are unable to be sold. At September 30, 2021, the value of the restricted portion of this security is as follows: |
Investment | Restricted Shares |
Acquisition Date |
Acquisition Cost |
Value |
Value as a of Net |
|||||||||||||||
India – Banks |
||||||||||||||||||||
Yes
Bank |
3,906,791 | |
9/21/15 – 3/13/20 |
|
$ | 3,947,791 | $ | 660,540 | 0.1 | % |
(c) |
Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information. |
See Notes to Financial Statements.
WisdomTree Trust | 73 |
Schedule of Investments (unaudited) (concluded)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2021
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, 2021 were as follows:
Affiliate |
Value at 3/31/2021 |
Purchases/ Additions |
Sales/ Reductions |
Realized Gain/(Loss) |
Change in Appreciation/ |
Value at 9/30/2021 |
Dividend Income |
|||||||||||||||||||||
WisdomTree India ex-State-Owned Enterprises Fund |
$ | 33,709 | $ | — | $ | — | $ | — | $ | 5,807 | $ | 39,516 | $ | — |
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
Quoted (Level 1) |
Other (Level 2) |
Significant (Level 3) |
Total | |||||||||||||
Assets: |
|
|||||||||||||||
Investments in Securities |
||||||||||||||||
Common Stocks |
$ | 991,438,860 | $ | — | $ | — | $ | 991,438,860 | ||||||||
Foreign Corporate Bond |
— | 11,434 | — | 11,434 | ||||||||||||
Exchange-Traded Fund |
39,516 | — | — | 39,516 | ||||||||||||
Total Investments in Securities |
$ | 991,478,376 | $ | 11,434 | $ | — | $ | 991,489,810 |
See Notes to Financial Statements.
74 | WisdomTree Trust |
Schedule of Investments (unaudited)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
September 30, 2021
Investments | Shares | Value | ||||||
COMMON STOCKS – 103.7% | ||||||||
India – 103.7% | ||||||||
Airlines – 0.3% | ||||||||
InterGlobe Aviation Ltd.*(a) |
813 | $ | 22,143 | |||||
Auto Components – 1.6% | ||||||||
Balkrishna Industries Ltd. |
808 | 27,580 | ||||||
Bharat Forge Ltd. |
2,172 | 21,579 | ||||||
Bosch Ltd. |
96 | 20,014 | ||||||
Exide Industries Ltd. |
4,878 | 11,714 | ||||||
Motherson Sumi Systems Ltd. |
10,891 | 33,152 | ||||||
|
|
|||||||
Total Auto Components | 114,039 | |||||||
Automobiles – 5.8% | ||||||||
Bajaj Auto Ltd. |
738 | 38,106 | ||||||
Eicher Motors Ltd. |
1,205 | 45,296 | ||||||
Hero MotoCorp., Ltd. |
1,135 | 43,311 | ||||||
Mahindra & Mahindra Ltd. |
8,301 | 89,806 | ||||||
Maruti Suzuki India Ltd. |
1,144 | 113,095 | ||||||
Tata Motors Ltd.* |
16,868 | 75,753 | ||||||
TVS Motor Co., Ltd. |
1,790 | 13,250 |
||||||
|
|
|||||||
Total Automobiles | 418,617 | |||||||
Banks – 11.9% | ||||||||
AU Small Finance Bank Ltd.*(a) |
1,284 | 20,139 | ||||||
Axis Bank Ltd.* |
18,462 | 190,658 | ||||||
Bandhan Bank Ltd.(a) |
4,542 | 17,317 | ||||||
ICICI Bank Ltd. |
40,273 | 380,254 | ||||||
Kotak Mahindra Bank Ltd. |
9,245 | 249,784 | ||||||
Yes Bank Ltd.*(b) |
3,819 | 646 | ||||||
|
|
|||||||
Total Banks | 858,798 | |||||||
Beverages – 0.4% | ||||||||
United Spirits Ltd.* |
2,575 | 29,595 | ||||||
Biotechnology – 0.3% | ||||||||
Biocon Ltd.* |
4,078 | 19,926 | ||||||
Building Products – 0.3% | ||||||||
Astral Ltd. |
812 | 23,633 | ||||||
Capital Markets – 0.3% | ||||||||
HDFC Asset Management Co., Ltd.(a) |
463 | 18,143 | ||||||
Chemicals – 6.1% | ||||||||
Aarti Industries Ltd. |
1,469 | 18,402 | ||||||
Asian Paints Ltd. |
3,912 | 171,002 | ||||||
Atul Ltd. |
146 | 18,612 | ||||||
Bayer CropScience Ltd. |
109 | 7,780 | ||||||
Berger Paints India Ltd. |
2,079 | 22,659 | ||||||
Coromandel International Ltd. |
1,095 | 11,720 | ||||||
Navin Fluorine International Ltd. |
322 | 15,984 | ||||||
PI Industries Ltd. |
687 | 29,417 | ||||||
Pidilite Industries Ltd. |
1,327 | 42,583 | ||||||
SRF Ltd. |
244 | 37,077 | ||||||
Supreme Industries Ltd. |
563 | 17,707 | ||||||
UPL Ltd. |
4,820 | 45,955 |
||||||
|
|
|||||||
Total Chemicals | 438,898 | |||||||
Construction & Engineering – 0.5% | ||||||||
Voltas Ltd. |
2,064 | 33,870 | ||||||
Construction Materials – 3.8% | ||||||||
ACC Ltd. |
651 | 19,773 | ||||||
Ambuja Cements Ltd. |
5,536 | 29,848 | ||||||
Grasim Industries Ltd. |
3,383 | 76,087 | ||||||
Ramco Cements Ltd. (The) |
1,193 | 15,825 | ||||||
Shree Cement Ltd. |
86 | 33,485 | ||||||
UltraTech Cement Ltd. |
1,004 | 100,040 | ||||||
|
|
|||||||
Total Construction Materials | 275,058 | |||||||
Consumer Finance – 4.9% | ||||||||
Bajaj Finance Ltd. |
2,329 | 240,598 | ||||||
Cholamandalam Investment and Finance Co., Ltd. |
4,309 | 32,756 | ||||||
Manappuram Finance Ltd. |
3,963 | 9,031 | ||||||
Muthoot Finance Ltd. |
940 | 18,366 | ||||||
Shriram Transport Finance Co., Ltd. |
1,613 | 28,225 | ||||||
Sundaram Finance Ltd. |
693 | 22,875 | ||||||
|
|
|||||||
Total Consumer Finance | 351,851 | |||||||
Diversified Financial Services – 1.7% | ||||||||
Bajaj Finserv Ltd. |
356 | 85,306 | ||||||
Piramal Enterprises Ltd. |
1,004 | 35,111 | ||||||
|
|
|||||||
Total Diversified Financial Services | 120,417 | |||||||
Diversified Telecommunication Services – 0.4% | ||||||||
Indus Towers Ltd. |
7,254 | 30,168 | ||||||
Electrical Equipment – 0.6% | ||||||||
Havells India Ltd. |
2,130 | 39,402 | ||||||
Equity Real Estate Investment Trusts (REITs) – 0.2% | ||||||||
Embassy Office Parks REIT |
3,690 | 16,856 | ||||||
Food & Staples Retailing – 1.2% | ||||||||
Avenue Supermarts Ltd.*(a) |
1,492 | 85,431 | ||||||
Food Products – 2.8% | ||||||||
Britannia Industries Ltd. |
1,085 | 57,723 | ||||||
Nestle India Ltd. |
327 | 85,665 | ||||||
Tata Consumer Products Ltd. |
5,545 | 60,778 | ||||||
|
|
|||||||
Total Food Products | 204,166 | |||||||
Health Care Providers & Services – 0.7% | ||||||||
Apollo Hospitals Enterprise Ltd. |
861 | 51,984 | ||||||
Hotels, Restaurants & Leisure – 0.5% | ||||||||
Jubilant Foodworks Ltd. |
700 | 38,108 | ||||||
Household Durables – 0.4% | ||||||||
Crompton Greaves Consumer Electricals Ltd. |
4,934 | 31,833 | ||||||
Household Products – 3.9% | ||||||||
Hindustan Unilever Ltd. |
7,762 | 282,528 | ||||||
Independent Power & Renewable Electricity Producers – 0.8% |
| |||||||
Adani Green Energy Ltd.* |
3,512 | 54,250 | ||||||
Industrial Conglomerates – 0.4% | ||||||||
Siemens Ltd. |
874 | 25,073 | ||||||
Insurance – 2.5% | ||||||||
HDFC Life Insurance Co., Ltd.(a) |
7,496 | 72,953 |
See Notes to Financial Statements.
WisdomTree Trust | 75 |
Schedule of Investments (unaudited) (continued)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
September 30, 2021
Investments | Shares | Value | ||||||
ICICI Lombard General Insurance Co., Ltd.(a) |
2,039 | $ | 43,663 | |||||
ICICI Prudential Life Insurance Co., Ltd.(a) |
3,733 | 33,788 | ||||||
Max Financial Services Ltd.* |
2,030 | 27,740 | ||||||
|
|
|||||||
Total Insurance | 178,144 | |||||||
Interactive Media & Services – 0.7% | ||||||||
Info Edge India Ltd. |
609 | 52,766 | ||||||
IT Services – 14.6% | ||||||||
HCL Technologies Ltd. |
9,226 | 159,040 | ||||||
Infosys Ltd. |
29,475 | 665,205 | ||||||
Mphasis Ltd. |
840 | 35,131 | ||||||
Tech Mahindra Ltd. |
5,155 | 95,881 | ||||||
Wipro Ltd. |
11,496 | 98,206 | ||||||
|
|
|||||||
Total IT Services | 1,053,463 | |||||||
Life Sciences Tools & Services – 1.0% | ||||||||
Divi’s Laboratories Ltd. |
1,119 | 72,342 | ||||||
Machinery – 0.5% | ||||||||
Ashok Leyland Ltd. |
12,053 | 21,726 | ||||||
Escorts Ltd. |
788 | 15,713 | ||||||
|
|
|||||||
Total Machinery | 37,439 | |||||||
Media – 0.5% | ||||||||
Zee Entertainment Enterprises Ltd. |
9,127 | 37,281 | ||||||
Metals & Mining – 4.0% | ||||||||
Jindal Steel & Power Ltd.* |
4,193 | 21,988 | ||||||
JSW Steel Ltd. |
9,140 | 82,291 | ||||||
Tata Steel Ltd. |
6,449 | 111,982 | ||||||
Vedanta Ltd. |
17,658 | 68,429 | ||||||
|
|
|||||||
Total Metals & Mining | 284,690 | |||||||
Multiline Retail – 0.3% | ||||||||
Trent Ltd. |
1,684 | 23,273 | ||||||
Oil, Gas & Consumable Fuels – 8.3% | ||||||||
Reliance Industries Ltd. |
17,540 | 595,300 | ||||||
Personal Products – 2.3% | ||||||||
Colgate-Palmolive India Ltd. |
1,170 | 26,315 | ||||||
Dabur India Ltd. |
5,151 | 42,820 | ||||||
Emami Ltd. |
1,847 | 14,283 | ||||||
Godrej Consumer Products Ltd.* |
3,514 | 48,757 | ||||||
Marico Ltd. |
4,596 | 33,900 | ||||||
|
|
|||||||
Total Personal Products | 166,075 | |||||||
Pharmaceuticals – 5.8% | ||||||||
Alkem Laboratories Ltd. |
336 | 18,019 | ||||||
Aurobindo Pharma Ltd. |
2,303 | 22,488 | ||||||
Cadila Healthcare Ltd. |
2,180 | 16,207 | ||||||
Cipla Ltd. |
4,596 | 60,899 | ||||||
Dr. Reddy’s Laboratories Ltd. |
1,119 | 73,578 | ||||||
Ipca Laboratories Ltd. |
598 | 19,427 | ||||||
Laurus Labs Ltd.(a) |
2,989 | 24,823 | ||||||
Lupin Ltd. |
2,185 | 28,012 | ||||||
Natco Pharma Ltd. |
793 | 9,525 | ||||||
Pfizer Ltd. |
124 | 9,323 | ||||||
Sanofi India Ltd. |
91 | 9,562 | ||||||
Sun Pharmaceutical Industries Ltd. |
9,789 | 107,910 | ||||||
Torrent Pharmaceuticals Ltd. |
463 | 19,246 | ||||||
|
|
|||||||
Total Pharmaceuticals | 419,019 | |||||||
Real Estate Management & Development – 0.9% | ||||||||
DLF Ltd. |
5,218 | 29,328 | ||||||
Godrej Properties Ltd.* |
1,012 | 31,520 | ||||||
|
|
|||||||
Total Real Estate Management & Development | 60,848 | |||||||
Textiles, Apparel & Luxury Goods – 2.0% | ||||||||
Bata India Ltd. |
538 | 12,888 | ||||||
Page Industries Ltd. |
51 | 21,784 | ||||||
Titan Co., Ltd. |
3,694 | 107,586 | ||||||
|
|
|||||||
Total Textiles, Apparel & Luxury Goods | 142,258 | |||||||
Thrifts & Mortgage Finance – 7.4% | ||||||||
Housing Development Finance Corp., Ltd. |
14,359 | 532,808 | ||||||
Wireless Telecommunication Services – 3.1% | ||||||||
Bharti Airtel Ltd. |
22,202 | 205,876 | ||||||
Vodafone Idea Ltd.* |
86,375 | 13,847 | ||||||
|
|
|||||||
Total Wireless Telecommunication Services | 219,723 | |||||||
TOTAL COMMON STOCKS (Cost: $5,535,732) |
7,460,216 | |||||||
Principal Amount |
||||||||
FOREIGN CORPORATE BOND – 0.0% | ||||||||
India – 0.0% | ||||||||
Britannia
Industries Ltd. |
||||||||
(Cost: $328) | 23,867 | INR | 324 | |||||
Shares | ||||||||
RIGHTS – 0.0% | ||||||||
India – 0.0% | ||||||||
Bharti Airtel Ltd., expiring 10/21/21* |
||||||||
(Cost: $0) |
1,585 | 3,273 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 103.7% (Cost: $5,536,060) |
|
7,463,813 | ||||||
Other Assets less Liabilities – (3.7)% |
|
(267,621 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 7,196,192 |
* |
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) |
This security, or a portion thereof, is restricted from resale (see Note 2 – Restricted Securities). In accordance with a reconstruction scheme notified by the government of India applicable to Yes Bank Ltd., effective March 16, 2020, 75% of all shares of Yes Bank Ltd. held by then-existing shareholders are subject to a three-year lock-in period and are unable to be sold. At September 30, 2021, the value of the restricted portion of this security is as follows: |
Investment | Restricted Shares |
Acquisition Date |
Acquisition Cost |
Value |
Value as a of Net |
|||||||||||||||
India – Banks |
||||||||||||||||||||
Yes
Bank |
3,819 | |
4/2/19 – 10/18/19 |
|
$ | 11,551 | $ | 646 | 0.0 | % |
See Notes to Financial Statements.
76 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
September 30, 2021
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 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 |
$ | 7,460,216 | $ | — | $ | — | $ | 7,460,216 | ||||||||
Foreign Corporate Bond |
— | 324 | — | 324 | ||||||||||||
Rights |
— | 3,273 | — | 3,273 | ||||||||||||
Total Investments in Securities |
$ | 7,460,216 | $ | 3,597 | $ | — | $ | 7,463,813 |
See Notes to Financial Statements.
WisdomTree Trust | 77 |
Statements of Assets and Liabilities (unaudited)
WisdomTree Trust
September 30, 2021
WisdomTree China ex-State-Owned Enterprises Fund |
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund |
WisdomTree Emerging Markets High Dividend Fund |
WisdomTree Emerging Markets Multifactor Fund |
WisdomTree Emerging Markets Quality Dividend Growth Fund |
||||||||||||||||
ASSETS: |
| |||||||||||||||||||
Investments, at cost |
$ | 1,043,848,961 | $ | 3,899,267,350 | $ | 1,588,643,460 | $ | 4,631,446 | $ | 74,220,675 | ||||||||||
Foreign currency, at cost |
96,841 | 4,657,064 | 12,568,367 | 4,724 | 44,326 | |||||||||||||||
Investments in securities, at value1,2 (Note 2) |
962,914,154 | 4,310,824,634 | 1,924,018,104 | 5,052,080 | 93,786,212 | |||||||||||||||
Cash |
3,003,890 | 223,326 | 713,883 | — | 23,025 | |||||||||||||||
Foreign currency, at value |
96,842 | 4,650,997 | 12,566,418 | 4,711 | 44,104 | |||||||||||||||
Unrealized appreciation on foreign currency contracts |
14 | 2,098 | 400 | 2,772 | — | |||||||||||||||
Receivables: |
| |||||||||||||||||||
Investment securities sold3 |
5,756,951 | 53,346,427 | 12,565,133 | — | — | |||||||||||||||
Capital shares sold |
4,984 | — | — | — | — | |||||||||||||||
Dividends |
901,617 | 4,663,861 | 12,869,071 | 13,249 | 234,976 | |||||||||||||||
Securities lending income |
55,012 | 163,148 | 154,473 | — | 2,437 | |||||||||||||||
Interest |
— | 759 | — | — | 38 | |||||||||||||||
Foreign tax reclaims |
— | 30,698 | 49,434 | 464 | 857 | |||||||||||||||
Total Assets |
972,733,464 | 4,373,905,948 | 1,962,936,916 | 5,073,276 | 94,091,649 | |||||||||||||||
LIABILITIES: |
| |||||||||||||||||||
Due to custodian |
— | — | — | 30 | — | |||||||||||||||
Unrealized depreciation on foreign currency contracts |
— | 7,964 | 2,062 | 39 | — | |||||||||||||||
Payables: |
||||||||||||||||||||
Cash collateral received for securities loaned (Note 2) |
8,219,432 | 51,749,518 | 8,119,942 | — | 617,341 | |||||||||||||||
Investment securities purchased |
— | 164,666 | — | — | — | |||||||||||||||
Capital shares redeemed |
7,970,428 | 56,392,148 | 13,214,907 | — | — | |||||||||||||||
Advisory fees (Note 3) |
263,422 | 1,181,304 | 1,029,416 | 2,062 | 25,291 | |||||||||||||||
Service fees (Note 2) |
3,624 | 16,243 | 7,192 | 20 | 348 | |||||||||||||||
Foreign capital gains tax |
— | 23,929,994 | 6,767,658 | 16,608 | 925,478 | |||||||||||||||
Total Liabilities |
16,456,906 | 133,441,837 | 29,141,177 | 18,759 | 1,568,458 | |||||||||||||||
NET ASSETS |
$ | 956,276,558 | $ | 4,240,464,111 | $ | 1,933,795,739 | $ | 5,054,517 | $ | 92,523,191 | ||||||||||
NET ASSETS: |
| |||||||||||||||||||
Paid-in capital |
$ | 1,080,982,907 | $ | 3,950,605,087 | $ | 3,220,996,867 | $ | 5,839,681 | $ | 94,080,804 | ||||||||||
Total distributable earnings (loss) |
(124,706,349 | ) | 289,859,024 | (1,287,201,128 | ) | (785,164 | ) | (1,557,613 | ) | |||||||||||
NET ASSETS |
$ | 956,276,558 | $ | 4,240,464,111 | $ | 1,933,795,739 | $ | 5,054,517 | $ | 92,523,191 | ||||||||||
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
17,900,000 | 112,800,000 | 43,900,000 | 200,000 | 3,300,000 | |||||||||||||||
Net asset value per share |
$ | 53.42 | $ | 37.59 | $ | 44.05 | $ | 25.27 | $ | 28.04 | ||||||||||
1 Includes market value of securities out on loan of: |
$ | 43,021,658 | $ | 116,157,731 | $ | 240,174,206 | $ | 64,288 | $ | 2,370,430 | ||||||||||
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: |
— | — | $ | 129,437 | — | — |
See Notes to Financial Statements.
78 | WisdomTree Trust |
Statements of Assets and Liabilities (unaudited) (continued)
WisdomTree Trust
September 30, 2021
WisdomTree Emerging Markets SmallCap Dividend Fund |
WisdomTree Global ex-U.S. Quality Dividend Growth Fund |
WisdomTree Global ex-U.S. Real Estate Fund |
WisdomTree Global High Dividend Fund |
WisdomTree Growth Leaders Fund |
||||||||||||||||
ASSETS: |
||||||||||||||||||||
Investments, at cost |
$ | 1,840,435,989 | $ | 377,116,804 | $ | 57,101,005 | $ | 55,823,378 | $ | 14,754,813 | ||||||||||
Investment in affiliates, at cost (Note 3) |
2,392,767 | 219,088 | — | — | — | |||||||||||||||
Foreign currency, at cost |
4,991,470 | 331,899 | 53,822 | 63,945 | 1,483 | |||||||||||||||
Investments in securities, at value1,2 (Note 2) |
2,325,420,194 | 455,934,866 | 60,289,352 | 61,639,393 | 15,985,448 | |||||||||||||||
Investment in affiliates, at value (Note 3) |
2,437,041 | 213,813 | — | — | — | |||||||||||||||
Cash |
1,786,600 | 68,932 | 36,567 | 29,747 | 9,652 | |||||||||||||||
Foreign currency, at value |
4,930,740 | 331,224 | 53,510 | 63,814 | 1,514 | |||||||||||||||
Unrealized appreciation on foreign currency contracts |
— | — | 19 | — | — | |||||||||||||||
Receivables: |
| |||||||||||||||||||
Investment securities sold3 |
— | — | — | 12,006 | — | |||||||||||||||
Dividends |
10,535,058 | 658,671 | 262,215 | 221,371 | — | |||||||||||||||
Securities lending income |
907,170 | 11,540 | 1,319 | 1,072 | 396 | |||||||||||||||
Foreign tax reclaims |
49,749 | 305,284 | 33,163 | 44,271 | — | |||||||||||||||
Total Assets |
2,346,066,552 | 457,524,330 | 60,676,145 | 62,011,674 | 15,997,010 | |||||||||||||||
LIABILITIES: |
| |||||||||||||||||||
Unrealized depreciation on foreign currency contracts |
— | 804 | 70 | — | — | |||||||||||||||
Payables: |
| |||||||||||||||||||
Cash collateral received for securities loaned (Note 2) |
49,648,262 | 33,011,559 | 2,081,116 | 619,768 | 179,736 | |||||||||||||||
Advisory fees (Note 3) |
1,103,474 | 212,750 | 28,883 | 36,771 | 2,745 | |||||||||||||||
Service fees (Note 2) |
8,390 | 1,612 | 218 | 280 | 61 | |||||||||||||||
Foreign capital gains tax |
16,202,251 | 1,766,803 | — | 18,688 | — | |||||||||||||||
Total Liabilities |
66,962,377 | 34,993,528 | 2,110,287 | 675,507 | 182,542 | |||||||||||||||
NET ASSETS |
$ | 2,279,104,175 | $ | 422,530,802 | $ | 58,565,858 | $ | 61,336,167 | $ | 15,814,468 | ||||||||||
NET ASSETS: |
||||||||||||||||||||
Paid-in capital |
$ | 2,349,665,874 | $ | 368,494,742 | $ | 91,368,411 | $ | 71,507,351 | $ | 14,493,559 | ||||||||||
Total distributable earnings (loss) |
(70,561,699 | ) | 54,036,060 | (32,802,553 | ) | (10,171,184 | ) | 1,320,909 | ||||||||||||
NET ASSETS |
$ | 2,279,104,175 | $ | 422,530,802 | $ | 58,565,858 | $ | 61,336,167 | $ | 15,814,468 | ||||||||||
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
42,500,000 | 10,400,000 | 2,350,000 | 1,300,000 | 345,000 | |||||||||||||||
Net asset value per share |
$ | 53.63 | $ | 40.63 | $ | 24.92 | $ | 47.18 | $ | 45.84 | ||||||||||
1 Includes market value of securities out on loan of: |
$ | 414,426,506 | $ | 39,685,079 | $ | 5,639,804 | $ | 2,042,259 | $ | 928,126 | ||||||||||
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: |
— | — | — | $ | 3,789 | — |
See Notes to Financial Statements.
WisdomTree Trust | 79 |
Statements of Assets and Liabilities (unaudited) (concluded)
WisdomTree Trust
September 30, 2021
WisdomTree India Earnings Fund (consolidated) |
WisdomTree India ex-State-Owned Enterprises Fund |
|||||||
ASSETS: |
| |||||||
Investments, at cost |
$ | 539,464,616 | $ | 5,536,060 | ||||
Investment in affiliates, at cost (Note 3) |
26,901 | — | ||||||
Foreign currency, at cost |
2,234,628 | 233 | ||||||
Investments in securities, at value |
991,450,294 | 7,463,813 | ||||||
Investment in affiliates, at value (Note 3) |
39,516 | — | ||||||
Cash |
646,869 | 13,385 | ||||||
Foreign currency, at value |
2,220,448 | 232 | ||||||
Receivables: |
| |||||||
Dividends |
1,821,284 | 479 | ||||||
Interest |
195 | — | ||||||
Total Assets |
996,178,606 | 7,477,909 | ||||||
LIABILITIES: |
| |||||||
Payables: |
||||||||
Investment securities purchased |
— | 8,583 | ||||||
Advisory fees (Note 3) |
643,351 | 2,861 | ||||||
Service fees (Note 2) |
3,411 | 22 | ||||||
Foreign capital gains tax |
33,533,466 | 270,251 | ||||||
Total Liabilities |
34,180,228 | 281,717 | ||||||
NET ASSETS |
$ | 961,998,378 | $ | 7,196,192 | ||||
NET ASSETS: |
| |||||||
Paid-in capital |
$ | 601,333,604 | $ | 5,635,572 | ||||
Total distributable earnings (loss) |
360,664,774 | 1,560,620 | ||||||
NET ASSETS |
$ | 961,998,378 | $ | 7,196,192 | ||||
Outstanding
beneficial interest shares of $0.001 par value |
25,600,000 | 200,000 | ||||||
Net asset value per share |
$ | 37.58 | $ | 35.98 |
See Notes to Financial Statements.
80 | WisdomTree Trust |
Statements of Operations (unaudited)
WisdomTree Trust
For the Six Months Ended September 30, 2021
WisdomTree China Fund |
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund |
WisdomTree Emerging Markets High Dividend Fund |
WisdomTree Emerging Markets Multifactor Fund |
WisdomTree Emerging Markets Quality Dividend Growth Fund |
||||||||||||||||
INVESTMENT INCOME: |
| |||||||||||||||||||
Dividends1 |
$ | 8,635,099 | $ | 48,136,901 | $ | 88,130,038 | $ | 139,947 | $ | 1,738,880 | ||||||||||
Dividends from affiliates (Note 3) |
— | — | 39,150 | 291 | — | |||||||||||||||
Interest |
89 | — | — | — | 40 | |||||||||||||||
Non-cash dividends |
49,549 | 56,948 | 422,230 | 1,360 | 18,519 | |||||||||||||||
Other income (Note 6) |
— | — | 252,543 | — | — | |||||||||||||||
Securities lending income, net (Note 2) |
582,281 | 1,525,507 | 738,363 | 118 | 9,507 | |||||||||||||||
Total investment income |
9,267,018 | 49,719,356 | 89,582,324 | 141,716 | 1,766,946 | |||||||||||||||
EXPENSES: |
||||||||||||||||||||
Advisory fees (Note 3) |
1,636,359 | 7,627,792 | 6,262,988 | 12,607 | 152,886 | |||||||||||||||
Service fees (Note 2) |
22,500 | 104,884 | 43,744 | 115 | 2,103 | |||||||||||||||
Other fees (Note 6) |
— | — | 76,608 | — | — | |||||||||||||||
Total expenses |
1,658,859 | 7,732,676 | 6,383,340 | 12,722 | 154,989 | |||||||||||||||
Expense waivers (Note 3) |
— | — | (1,482 | ) | (4 | ) | — | |||||||||||||
Net expenses |
1,658,859 | 7,732,676 | 6,381,858 | 12,718 | 154,989 | |||||||||||||||
Net investment income |
7,608,159 | 41,986,680 | 83,200,466 | 128,998 | 1,611,957 | |||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
Net realized gain (loss) from: |
||||||||||||||||||||
Investment transactions2 |
(29,813,792 | ) | (69,704,072 | ) | (2,185,333 | ) | 255,153 | (115,622 | ) | |||||||||||
Investment transactions in affiliates (Note 3) |
— | — | (87,759 | ) | (724 | ) | — | |||||||||||||
In-kind redemptions |
15,688,389 | 57,741,809 | 1,647,179 | — | — | |||||||||||||||
Foreign currency contracts |
(74,512 | ) | 364,626 | 59,754 | (7,402 | ) | 2,427 | |||||||||||||
Foreign currency related transactions |
(19,477 | ) | (648,343 | ) | (483,664 | ) | (442 | ) | (12,905 | ) | ||||||||||
Net realized gain (loss) |
(14,219,392 | ) | (12,245,980 | ) | (1,049,823 | ) | 246,585 | (126,100 | ) | |||||||||||
Net increase (decrease) in unrealized appreciation/depreciation: |
||||||||||||||||||||
Investment transactions3 |
(188,433,095 | ) | (307,706,697 | ) | (21,705,366 | ) | (339,914 | ) | (4,616,348 | ) | ||||||||||
Investment transactions in affiliates (Note 3) |
— | — | (40,250 | ) | — | — | ||||||||||||||
Foreign currency contracts |
(3,958 | ) | (32,959 | ) | 2,897 | (19,283 | ) | — | ||||||||||||
Translation of assets and liabilities denominated in foreign currencies |
8,480 | 326,029 | 97,654 | 532 | 8,613 | |||||||||||||||
Net decrease in unrealized appreciation/depreciation |
(188,428,573 | ) | (307,413,627 | ) | (21,645,065 | ) | (358,665 | ) | (4,607,735 | ) | ||||||||||
Net realized and unrealized loss on investments |
(202,647,965 | ) | (319,659,607 | ) | (22,694,888 | ) | (112,080 | ) | (4,733,835 | ) | ||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (195,039,806 | ) | $ | (277,672,927 | ) | $ | 60,505,578 | $ | 16,918 | $ | (3,121,878 | ) | |||||||
1 Net of foreign withholding tax of: |
$ | 441,643 | $ | 7,838,455 | $ | 11,829,239 | $ | 19,601 | $ | 224,439 | ||||||||||
2 Net of foreign capital gains tax withheld (credit) of: |
— | $ | 1,833,675 | — | $ | 4,789 | $ | (13,329 | ) | |||||||||||
3 Includes net increase (decrease) in accrued foreign capital gain taxes of: |
— | $ | 11,764,677 | $ | 3,737,629 | $ | 9,327 | $ | 468,347 |
See Notes to Financial Statements.
WisdomTree Trust | 81 |
Statements of Operations (unaudited) (continued)
WisdomTree Trust
For the Six Months Ended September 30, 2021
WisdomTree Emerging Markets SmallCap Dividend Fund |
WisdomTree Global ex-U.S. Quality Dividend Growth Fund |
WisdomTree Global ex-U.S. Real Estate Fund |
WisdomTree Global High Dividend Fund |
WisdomTree Growth Leaders Fund |
||||||||||||||||
INVESTMENT INCOME: |
||||||||||||||||||||
Dividends1 |
$ | 57,623,510 | $ | 5,163,206 | $ | 2,125,074 | $ | 1,836,648 | $ | 15,759 | ||||||||||
Dividends from affiliates (Note 3) |
562,534 | 37,124 | — | 8,683 | — | |||||||||||||||
Non-cash dividends |
178,599 | 27,274 | 18,875 | 21,874 | — | |||||||||||||||
Other income (Note 6) |
140,777 | — | 938 | — | — | |||||||||||||||
Securities lending income, net (Note 2) |
4,117,724 | 45,899 | 7,550 | 5,963 | 1,683 | |||||||||||||||
Total investment income |
62,623,144 | 5,273,503 | 2,152,437 | 1,873,168 | 17,442 | |||||||||||||||
EXPENSES: |
||||||||||||||||||||
Advisory fees (Note 3) |
6,803,748 | 1,180,239 | 181,747 | 213,129 | 15,600 | |||||||||||||||
Service fees (Note 2) |
48,184 | 8,953 | 1,379 | 1,617 | 343 | |||||||||||||||
Other fees (Note 6) |
38,175 | — | 277 | — | — | |||||||||||||||
Total expenses |
6,890,107 | 1,189,192 | 183,403 | 214,746 | 15,943 | |||||||||||||||
Expense waivers (Note 3) |
(10,099 | ) | — | — | (52 | ) | — | |||||||||||||
Net expenses |
6,880,008 | 1,189,192 | 183,403 | 214,694 | 15,943 | |||||||||||||||
Net investment income |
55,743,136 | 4,084,311 | 1,969,034 | 1,658,474 | 1,499 | |||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
Net realized gain (loss) from: |
||||||||||||||||||||
Investment transactions2 |
904,050 | (664,688 | ) | (447,907 | ) | 146,084 | (113,693 | ) | ||||||||||||
Investment transactions in affiliates (Note 3) |
(589,499 | ) | (50,208 | ) | — | (10,851 | ) | — | ||||||||||||
In-kind redemptions |
— | — | 638,564 | 3,550,074 | 297,245 | |||||||||||||||
Foreign currency contracts |
65,950 | (21,286 | ) | 1,366 | 2,878 | 180 | ||||||||||||||
Foreign currency related transactions |
(221,196 | ) | (23,946 | ) | (5,858 | ) | (7,758 | ) | (91 | ) | ||||||||||
Net realized gain (loss) |
159,305 | (760,128 | ) | 186,165 | 3,680,427 | 183,641 | ||||||||||||||
Net increase (decrease) in unrealized appreciation/depreciation: |
||||||||||||||||||||
Investment transactions3 |
111,155,051 | 18,606,960 | (3,154,941 | ) | (3,409,570 | ) | 283,306 | |||||||||||||
Investment transactions in affiliates (Note 3) |
(2,533 | ) | (5,322 | ) | — | (5,239 | ) | — | ||||||||||||
Foreign currency contracts |
(6,854 | ) | (606 | ) | 80 | — | — | |||||||||||||
Translation of assets and liabilities denominated in foreign currencies |
241,393 | 18,187 | 19 | (512 | ) | (2 | ) | |||||||||||||
Net increase (decrease) in unrealized appreciation/depreciation |
111,387,057 | 18,619,219 | (3,154,842 | ) | (3,415,321 | ) | 283,304 | |||||||||||||
Net realized and unrealized gain (loss) on investments |
111,546,362 | 17,859,091 | (2,968,677 | ) | 265,106 | 466,945 | ||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 167,289,498 | $ | 21,943,402 | $ | (999,643 | ) | $ | 1,923,580 | $ | 468,444 | |||||||||
1 Net of foreign withholding tax of: |
$ | 8,705,115 | $ | 505,213 | $ | 77,560 | $ | 98,489 | $ | 67 | ||||||||||
2 Net of foreign capital gains tax withheld (credit) of: |
$ | (236 | ) | — | — | $ | 663 | — | ||||||||||||
3 Includes net increase (decrease) in accrued foreign capital gain taxes of: |
$ | 10,383,464 | $ | 768,897 | — | $ | 9,527 | — |
See Notes to Financial Statements.
82 | WisdomTree Trust |
Statements of Operations (Unaudited) (concluded)
WisdomTree Trust
For the Six Months Ended September 30, 2021
WisdomTree India Earnings Fund (consolidated) |
WisdomTree India ex-State-Owned Enterprises Fund |
|||||||
INVESTMENT INCOME: |
||||||||
Dividends1 |
$ | 7,300,323 | $ | 26,794 | ||||
Interest |
199 | — | ||||||
Total investment income |
7,300,522 | 26,794 | ||||||
EXPENSES: |
||||||||
Advisory fees (Note 3) |
3,568,859 | 14,594 | ||||||
Service fees (Note 2) |
18,919 | 112 | ||||||
Interest expense (Note 8) |
66,976 | — | ||||||
Total expenses |
3,654,754 | 14,706 | ||||||
Expense waivers (Note 3) |
(79 | ) | — | |||||
Net expenses |
3,654,675 | 14,706 | ||||||
Net investment income |
3,645,847 | 12,088 | ||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||
Net realized gain (loss) from: |
||||||||
Investment transactions2 |
89,751,663 | (509 | ) | |||||
Foreign currency contracts |
(434,727 | ) | (2,475 | ) | ||||
Foreign currency related transactions |
264,773 | (8,923 | ) | |||||
Net realized gain (loss) |
89,581,709 | (11,907 | ) | |||||
Net increase (decrease) in unrealized appreciation/depreciation: |
||||||||
Investment transactions3 |
71,140,879 | 833,222 | ||||||
Investment transactions in affiliates (Note 3) |
5,807 | — | ||||||
Translation of assets and liabilities denominated in foreign currencies |
(23,347 | ) | 5,606 | |||||
Net increase in unrealized appreciation/depreciation |
71,123,339 | 838,828 | ||||||
Net realized and unrealized gain on investments |
160,705,048 | 826,921 | ||||||
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 164,350,895 | $ | 839,009 | ||||
1 Net of foreign withholding tax of: |
$ | 2,042,709 | $ | 6,993 | ||||
2 Net of foreign capital gains tax withheld (credit) of: |
$ | (786 | ) | $ | 2,088 | |||
3 Includes net increase (decrease) in accrued foreign capital gain taxes of: |
$ | 19,917,942 | $ | 111,636 |
See Notes to Financial Statements.
WisdomTree Trust | 83 |
Statements of Changes in Net Assets
WisdomTree Trust
WisdomTree China ex-State-Owned Enterprises Fund |
WisdomTree Emerging Markets ex-State- Owned Enterprises Fund |
WisdomTree Emerging Markets High Dividend Fund |
||||||||||||||||||||||
For the Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 2021 |
For the Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 2021 |
For the Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 2021 |
|||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
| |||||||||||||||||||||||
Net investment income |
$ | 7,608,159 | $ | 1,829,366 | $ | 41,986,680 | $ | 26,686,732 | $ | 83,200,466 | $ | 76,740,500 | ||||||||||||
Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions |
(14,219,392 | ) | 16,741,964 | (12,245,980 | ) | 10,543,210 | (1,049,823 | ) | (297,152,828 | ) | ||||||||||||||
Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies |
(188,428,573 | ) | 111,338,289 | (307,413,627 | ) | 824,760,014 | (21,645,065 | ) | 821,792,478 | |||||||||||||||
Net increase from payment by affiliate |
— | — | — | 3,285 | — | — | ||||||||||||||||||
Net increase (decrease) in net assets resulting from operations |
(195,039,806 | ) | 129,909,619 | (277,672,927 | ) | 861,993,241 | 60,505,578 | 601,380,150 | ||||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
| |||||||||||||||||||||||
Distributable earnings |
(6,504,250 | ) | (2,251,505 | ) | (50,666,500 | ) | (27,862,429 | ) | (71,400,000 | ) | (80,570,083 | ) | ||||||||||||
Tax return of capital |
— | (39,686 | ) | — | — | — | — | |||||||||||||||||
Total distributions to shareholders |
(6,504,250 | ) | (2,291,191 | ) | (50,666,500 | ) | (27,862,429 | ) | (71,400,000 | ) | (80,570,083 | ) | ||||||||||||
CAPITAL SHARE TRANSACTIONS: |
| |||||||||||||||||||||||
Net proceeds from sale of shares |
298,262,428 | 628,390,433 | 219,724,717 | 3,227,187,036 | 41,203,248 | 78,417,646 | ||||||||||||||||||
Cost of shares redeemed |
(55,134,136 | ) | (29,667,552 | ) | (370,856,897 | ) | (151,373,568 | ) | (13,214,907 | ) | (321,460,657 | ) | ||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions |
243,128,292 | 598,722,881 | (151,132,180 | ) | 3,075,813,468 | 27,988,341 | (243,043,011 | ) | ||||||||||||||||
Net Increase (Decrease) in Net Assets |
41,584,236 | 726,341,309 | (479,471,607 | ) | 3,909,944,280 | 17,093,919 | 277,767,056 | |||||||||||||||||
NET ASSETS: |
| |||||||||||||||||||||||
Beginning of period |
$ | 914,692,322 | $ | 188,351,013 | $ | 4,719,935,718 | $ | 809,991,438 | $ | 1,916,701,820 | $ | 1,638,934,764 | ||||||||||||
End of period |
$ | 956,276,558 | $ | 914,692,322 | $ | 4,240,464,111 | $ | 4,719,935,718 | $ | 1,933,795,739 | $ | 1,916,701,820 | ||||||||||||
SHARES CREATED AND REDEEMED: |
| |||||||||||||||||||||||
Shares outstanding, beginning of period |
14,200,000 | 4,900,000 | 1 | 117,100,000 | 33,200,000 | 43,300,000 | 50,500,000 | |||||||||||||||||
Shares created |
4,650,000 | 9,800,000 | 1 | 5,300,000 | 88,200,000 | 900,000 | 1,900,000 | |||||||||||||||||
Shares redeemed |
(950,000 | ) | (500,000 | )1 | (9,600,000 | ) | (4,300,000 | ) | (300,000 | ) | (9,100,000 | ) | ||||||||||||
Shares outstanding, end of period |
17,900,000 | 14,200,000 | 1 | 112,800,000 | 117,100,000 | 43,900,000 | 43,300,000 |
1 |
Shares were adjusted to reflect a 2:1 stock split effective October 16, 2020. |
See Notes to Financial Statements.
84 | WisdomTree Trust |
Statements of Changes in Net Assets (continued)
WisdomTree Trust
WisdomTree Emerging Markets Multifactor Fund |
WisdomTree Emerging Markets Quality Dividend Growth Fund |
WisdomTree Emerging Markets SmallCap Dividend Fund |
||||||||||||||||||||||
For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
For the Six Months
Ended |
For the Year Ended |
|||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
| |||||||||||||||||||||||
Net investment income |
$ | 128,998 | $ | 203,033 | $ | 1,611,957 | $ | 2,066,541 | $ | 55,743,136 | $ | 57,625,627 | ||||||||||||
Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions |
246,585 | 1,196,370 | (126,100 | ) | (239,534 | ) | 159,305 | (97,887,181 | ) | |||||||||||||||
Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies |
(358,665 | ) | 1,986,595 | (4,607,735 | ) | 35,187,300 | 111,387,057 | 757,381,087 | ||||||||||||||||
Net increase (decrease) in net assets resulting from operations |
16,918 | 3,385,998 | (3,121,878 | ) | 37,014,307 | 167,289,498 | 717,119,533 | |||||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
| |||||||||||||||||||||||
Distributable earnings |
(124,000 | ) | (161,416 | ) | (1,645,000 | ) | (2,069,274 | ) | (58,374,500 | ) | (65,877,942 | ) | ||||||||||||
CAPITAL SHARE TRANSACTIONS: |
| |||||||||||||||||||||||
Net proceeds from sale of shares |
— | — | 2,859,531 | 14,122,476 | 234,976,620 | 159,200,522 | ||||||||||||||||||
Cost of shares redeemed |
— | (5,164,535 | ) | — | (24,573,035 | ) | — | (92,079,674 | ) | |||||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions |
— | (5,164,535 | ) | 2,859,531 | (10,450,559 | ) | 234,976,620 | 67,120,848 | ||||||||||||||||
Net Increase (Decrease) in Net Assets |
(107,082 | ) | (1,939,953 | ) | (1,907,347 | ) | 24,494,474 | 343,891,618 | 718,362,439 | |||||||||||||||
NET ASSETS: |
| |||||||||||||||||||||||
Beginning of period |
$ | 5,161,599 | $ | 7,101,552 | $ | 94,430,538 | $ | 69,936,064 | $ | 1,935,212,557 | $ | 1,216,850,118 | ||||||||||||
End of period |
$ | 5,054,517 | $ | 5,161,599 | $ | 92,523,191 | $ | 94,430,538 | $ | 2,279,104,175 | $ | 1,935,212,557 | ||||||||||||
SHARES CREATED AND REDEEMED: |
| |||||||||||||||||||||||
Shares outstanding, beginning of period |
200,000 | 400,000 | 3,200,000 | 3,600,000 | 38,100,000 | 36,900,000 | ||||||||||||||||||
Shares created |
— | — | 100,000 | 500,000 | 4,400,000 | 3,400,000 | ||||||||||||||||||
Shares redeemed |
— | (200,000 | ) | — | (900,000 | ) | — | (2,200,000 | ) | |||||||||||||||
Shares outstanding, end of period |
200,000 | 200,000 | 3,300,000 | 3,200,000 | 42,500,000 | 38,100,000 |
See Notes to Financial Statements.
WisdomTree Trust | 85 |
Statements of Changes in Net Assets (continued)
WisdomTree Trust
WisdomTree Global ex-U.S. Quality Dividend Growth Fund |
WisdomTree Global ex-U.S. Real Estate Fund |
WisdomTree Global High Dividend Fund |
||||||||||||||||||||||
For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
|||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
Net investment income |
$ | 4,084,311 | $ | 5,309,362 | $ | 1,969,034 | $ | 2,685,588 | $ | 1,658,474 | $ | 2,822,640 | ||||||||||||
Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions |
(760,128 | ) | 718,159 | 186,165 | (13,108,094 | ) | 3,680,427 | (7,471,861 | ) | |||||||||||||||
Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies |
18,619,219 | 68,162,420 | (3,154,842 | ) | 26,560,759 | (3,415,321 | ) | 28,567,524 | ||||||||||||||||
Net increase (decrease) in net assets resulting from operations |
21,943,402 | 74,189,941 | (999,643 | ) | 16,138,253 | 1,923,580 | 23,918,303 | |||||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
| |||||||||||||||||||||||
Distributable earnings |
(4,436,000 | ) | (5,009,804 | ) | (2,817,750 | ) | (2,194,990 | ) | (1,642,500 | ) | (2,796,745 | ) | ||||||||||||
CAPITAL SHARE TRANSACTIONS: |
| |||||||||||||||||||||||
Net proceeds from sale of shares |
49,893,145 | 210,638,439 | 1,325,684 | — | 12,217,217 | 11,563,727 | ||||||||||||||||||
Cost of shares redeemed |
— | (20,349,003 | ) | (2,653,067 | ) | (30,935,826 | ) | (16,802,871 | ) | (33,996,396 | ) | |||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions |
49,893,145 | 190,289,436 | (1,327,383 | ) | (30,935,826 | ) | (4,585,654 | ) | (22,432,669 | ) | ||||||||||||||
Net Increase (Decrease) in Net Assets |
67,400,547 | 259,469,573 | (5,144,776 | ) | (16,992,563 | ) | (4,304,574 | ) | (1,311,111 | ) | ||||||||||||||
NET ASSETS: |
| |||||||||||||||||||||||
Beginning of period |
$ | 355,130,255 | $ | 95,660,682 | $ | 63,710,634 | $ | 80,703,197 | $ | 65,640,741 | $ | 66,951,852 | ||||||||||||
End of period |
$ | 422,530,802 | $ | 355,130,255 | $ | 58,565,858 | $ | 63,710,634 | $ | 61,336,167 | $ | 65,640,741 | ||||||||||||
SHARES CREATED AND REDEEMED: |
| |||||||||||||||||||||||
Shares outstanding, beginning of period |
9,200,000 | 1 | 3,600,000 | 1 | 2,400,000 | 3,650,000 | 1,400,000 | 1,950,000 | ||||||||||||||||
Shares created |
1,200,000 | 1 | 6,200,000 | 1 | 50,000 | — | 250,000 | 300,000 | ||||||||||||||||
Shares redeemed |
— | 1 | (600,000 | )1 | (100,000 | ) | (1,250,000 | ) | (350,000 | ) | (850,000 | ) | ||||||||||||
Shares outstanding, end of period |
10,400,000 | 1 | 9,200,000 | 1 | 2,350,000 | 2,400,000 | 1,300,000 | 1,400,000 |
1 |
Shares were adjusted to reflect a 2:1 stock split effective June 9, 2021. |
See Notes to Financial Statements.
86 | WisdomTree Trust |
Statements of Changes in Net Assets (concluded)
WisdomTree Trust
WisdomTree Growth Leaders Fund |
WisdomTree India Earnings Fund (consolidated) |
WisdomTree India ex-State-Owned Enterprises Fund |
||||||||||||||||||||||
For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
For the Six Months Ended |
For the Year Ended |
|||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
Net investment income |
$ | 1,499 | $ | 5,261 | $ | 3,645,847 | $ | 4,431,585 | $ | 12,088 | $ | 4,592 | ||||||||||||
Net realized gain (loss) on investments and foreign currency related transactions |
183,641 | 1,160,601 | 89,581,709 | 48,844,220 | (11,907 | ) | 20,380 | |||||||||||||||||
Net increase in unrealized appreciation/depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
283,304 | 1,100,813 | 71,123,339 | 374,039,346 | 838,828 | 1,173,632 | ||||||||||||||||||
Net increase in net assets resulting from operations |
468,444 | 2,266,675 | 164,350,895 | 427,315,151 | 839,009 | 1,198,604 | ||||||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
|
|||||||||||||||||||||||
Distributable earnings |
— | (11,858 | ) | (4,958,000 | ) | (6,924,754 | ) | (1,470 | ) | (4,497 | ) | |||||||||||||
CAPITAL SHARE TRANSACTIONS: |
|
|||||||||||||||||||||||
Net proceeds from sale of shares |
2,095,995 | 13,488,300 | 14,780,201 | — | 1,809,189 | 2,473,495 | ||||||||||||||||||
Cost of shares redeemed |
(1,160,393 | ) | (3,083,581 | ) | — | (195,882,462 | ) | — | — | |||||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions |
935,602 | 10,404,719 | 14,780,201 | (195,882,462 | ) | 1,809,189 | 2,473,495 | |||||||||||||||||
Net Increase in Net Assets |
1,404,046 | 12,659,536 | 174,173,096 | 224,507,935 | 2,646,728 | 3,667,602 | ||||||||||||||||||
NET ASSETS: |
|
|||||||||||||||||||||||
Beginning of period |
$ | 14,410,422 | $ | 1,750,886 | $ | 787,825,282 | $ | 563,317,347 | $ | 4,549,464 | $ | 881,862 | ||||||||||||
End of period |
$ | 15,814,468 | $ | 14,410,422 | $ | 961,998,378 | $ | 787,825,282 | $ | 7,196,192 | $ | 4,549,464 | ||||||||||||
SHARES CREATED AND REDEEMED: |
|
|||||||||||||||||||||||
Shares outstanding, beginning of period |
325,004 | 75,004 | 25,200,000 | 34,800,000 | 150,000 | 50,000 | ||||||||||||||||||
Shares created |
45,000 | 325,000 | 400,000 | — | 50,000 | 100,000 | ||||||||||||||||||
Shares redeemed |
(25,004 | ) | (75,000 | ) | — | (9,600,000 | ) | — | — | |||||||||||||||
Shares outstanding, end of period |
345,000 | 325,004 | 25,600,000 | 25,200,000 | 200,000 | 150,000 |
See Notes to Financial Statements.
WisdomTree Trust | 87 |
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
WisdomTree China ex-State-Owned Enterprises Fund |
For
the Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 20211 |
For the Year Ended March 31, 20201 |
For the Year Ended March 31, 20191 |
For the Year Ended March 31, 20181 |
For the Year Ended March 31, 20171 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 64.41 | $ | 38.44 | $ | 38.84 | $ | 43.62 | $ | 28.59 | $ | 23.38 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income2 |
0.46 | 0.23 | 0.39 | 0.49 | 0.06 | 0.32 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(11.06 | ) | 26.10 | (0.39 | ) | (4.82 | ) | 15.28 | 5.23 | |||||||||||||||
Total from investment operations |
(10.60 | ) | 26.33 | 0.00 | 3 | (4.33 | ) | 15.34 | 5.55 | |||||||||||||||
Dividends and distributions to shareholders: |
||||||||||||||||||||||||
Net investment income |
(0.39 | ) | (0.35 | ) | (0.40 | ) | (0.45 | ) | (0.31 | ) | (0.34 | ) | ||||||||||||
Tax return of capital |
— | (0.01 | ) | — | (0.00 | )3 | — | — | ||||||||||||||||
Total dividends and distributions to shareholders |
(0.39 | ) | (0.36 | ) | (0.40 | ) | (0.45 | ) | (0.31 | ) | (0.34 | ) | ||||||||||||
Net asset value, end of period |
$ | 53.42 | $ | 64.41 | $ | 38.44 | $ | 38.84 | $ | 43.62 | $ | 28.59 | ||||||||||||
TOTAL RETURN4 |
(16.53 | )% | 68.71 | % | 0.07 | % | (9.91 | )% | 53.95 | % | 23.94 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 956,277 | $ | 914,692 | $ | 188,351 | $ | 143,699 | $ | 215,928 | $ | 8,576 | ||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses, net of expense waivers |
0.32 | %5 | 0.32 | %6 | 0.32 | %7 | 0.32 | %7 | 0.33 | %7,8 | 0.53 | %8 | ||||||||||||
Expenses, prior to expense waivers |
0.32 | %5 | 0.38 | % | 0.63 | % | 0.63 | % | 0.63 | % | 0.63 | % | ||||||||||||
Net investment income |
1.49 | %5 | 0.37 | % | 1.03 | % | 1.31 | % | 0.14 | % | 1.29 | % | ||||||||||||
Portfolio turnover rate9 |
8 | % | 20 | % | 22 | % | 35 | % | 20 | % | 37 | % |
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund |
For the
Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
For the Year Ended March 31, 2017 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 40.31 | $ | 24.40 | $ | 28.79 | $ | 31.99 | $ | 24.72 | $ | 21.48 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income2 |
0.36 | 0.41 | 0.62 | 0.42 | 0.28 | 0.30 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(2.64 | ) | 15.91 | (4.38 | ) | (3.20 | ) | 7.20 | 3.25 | |||||||||||||||
Net increase from payment by affiliate |
— | 0.00 | 3 | — | 0.00 | 3 | — | — | ||||||||||||||||
Total from investment operations |
(2.28 | ) | 16.32 | (3.76 | ) | (2.78 | ) | 7.48 | 3.55 | |||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(0.44 | ) | (0.41 | ) | (0.63 | ) | (0.42 | ) | (0.21 | ) | (0.31 | ) | ||||||||||||
Net asset value, end of period |
$ | 37.59 | $ | 40.31 | $ | 24.40 | $ | 28.79 | $ | 31.99 | $ | 24.72 | ||||||||||||
TOTAL RETURN4 |
(5.73 | )% | 67.18 | %10 | (13.36 | )% | (8.64 | )%10 | 30.30 | % | 16.68 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 4,240,464 | $ | 4,719,936 | $ | 809,991 | $ | 305,184 | $ | 92,776 | $ | 2,472 | ||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses, net of expense waivers |
0.32 | %5 | 0.32 | %6 | 0.32 | %7 | 0.32 | %7 | 0.33 | %7 | 0.58 | % | ||||||||||||
Expenses, prior to expense waivers |
0.32 | %5 | 0.37 | % | 0.58 | % | 0.58 | % | 0.58 | % | 0.58 | % | ||||||||||||
Net investment income |
1.76 | %5 | 1.11 | % | 2.14 | % | 1.51 | % | 0.92 | % | 1.33 | % | ||||||||||||
Portfolio turnover rate9 |
6 | % | 34 | % | 19 | % | 24 | % | 68 | % | 15 | % |
1 |
Shares were adjusted to reflect a 2:1 stock split effective October 16, 2020. |
2 |
Based on average shares outstanding. |
3 |
Amount represents less than $0.005. |
4 |
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). |
5 |
Annualized. |
6 |
The investment advisor had contractually agreed to limit the advisory fee to 0.32% through July 31, 2020. On July 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.32%. |
7 |
Effective June 30, 2017, the investment advisor contractually agreed to limit the advisory fee to 0.32% through July 31, 2020, unless earlier terminated by the Board of Trustees of the Trust. |
8 |
Effective July 1, 2015, the investment advisor contractually agreed to limit the advisory fee to 0.53% through July 31, 2017, unless earlier terminated by the Board of Trustees of the Trust. |
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 |
Includes a voluntary reimbursement from the sub-advisor for an operational error that resulted in investment transaction losses. Excluding this voluntary reimbursement, total return would have been unchanged. |
See Notes to Financial Statements.
88 | WisdomTree Trust |
Financial Highlights (continued)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
WisdomTree Emerging Markets High Dividend Fund |
For the
Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
For the Year Ended March 31, 2017 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 44.27 | $ | 32.45 | $ | 43.72 | $ | 47.35 | $ | 40.69 | $ | 35.05 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income1 |
1.90 | 1.76 | 2.10 | 1.84 | 1.67 | 1.42 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(0.49 | ) | 11.93 | (11.25 | ) | (3.57 | ) | 6.65 | 5.58 | |||||||||||||||
Total from investment operations |
1.41 | 13.69 | (9.15 | ) | (1.73 | ) | 8.32 | 7.00 | ||||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(1.63 | ) | (1.87 | ) | (2.12 | ) | (1.90 | ) | (1.66 | ) | (1.36 | ) | ||||||||||||
Net asset value, end of period |
$ | 44.05 | $ | 44.27 | $ | 32.45 | $ | 43.72 | $ | 47.35 | $ | 40.69 | ||||||||||||
TOTAL RETURN2 |
3.16 | % | 43.37 | % | (22.06 | )% | (3.51 | )% | 20.98 | % | 20.44 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 1,933,796 | $ | 1,916,702 | $ | 1,638,935 | $ | 2,173,006 | $ | 2,282,176 | $ | 1,721,381 | ||||||||||||
Ratios to average net assets3 of: |
||||||||||||||||||||||||
Expenses4 |
0.64 | %5,7 | 0.63 | % | 0.63 | % | 0.63 | % | 0.63 | % | 0.63 | % | ||||||||||||
Net investment income |
8.37 | %5 | 4.58 | % | 4.91 | % | 4.23 | % | 3.81 | % | 3.81 | % | ||||||||||||
Portfolio turnover rate6 |
2 | % | 62 | % | 41 | % | 44 | % | 41 | % | 41 | % |
WisdomTree Emerging Markets Multifactor Fund |
For
the Six Months Ended September 30, 2021 (unaudited) |
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 |
$ | 25.81 | $ | 17.75 | $ | 23.61 | $ | 24.68 | ||||||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income1 |
0.65 | 0.56 | 0.73 | 0.29 | ||||||||||||||||||||
Net realized and unrealized gain (loss) |
(0.57 | ) | 7.90 | (5.91 | ) | (1.16 | ) | |||||||||||||||||
Total from investment operations |
0.08 | 8.46 | (5.18 | ) | (0.87 | ) | ||||||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(0.62 | ) | (0.40 | ) | (0.68 | ) | (0.20 | ) | ||||||||||||||||
Net asset value, end of period |
$ | 25.27 | $ | 25.81 | $ | 17.75 | $ | 23.61 | ||||||||||||||||
TOTAL RETURN2 |
0.27 | % | 48.12 | % | (22.44 | )% | (3.52 | )% | ||||||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 5,055 | $ | 5,162 | $ | 7,102 | $ | 18,886 | ||||||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses |
0.48 | %3,4,5 | 0.48 | %3,4 | 0.48 | % | 0.48 | %4,5 | ||||||||||||||||
Net investment income |
4.91 | %3,5 | 2.51 | %3 | 3.24 | % | 1.97 | %5 | ||||||||||||||||
Portfolio turnover rate6 |
59 | % | 125 | % | 166 | % | 133 | % |
* |
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 |
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 |
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 |
Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.63%. |
See Notes to Financial Statements.
WisdomTree Trust | 89 |
Financial Highlights (continued)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
WisdomTree Emerging Markets Quality Dividend Growth Fund |
For
the Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
For the Year Ended March 31, 2017 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 29.51 | $ | 19.43 | $ | 24.71 | $ | 26.94 | $ | 23.03 | $ | 21.11 | ||||||||||||
Investment operations: |
| |||||||||||||||||||||||
Net investment income1 |
0.50 | 0.61 | 0.66 | 0.71 | 0.56 | 0.63 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(1.46 | ) | 10.08 | (5.32 | ) | (2.30 | ) | 3.87 | 1.96 | |||||||||||||||
Total from investment operations |
(0.96 | ) | 10.69 | (4.66 | ) | (1.59 | ) | 4.43 | 2.59 | |||||||||||||||
Dividends to shareholders: |
| |||||||||||||||||||||||
Net investment income |
(0.51 | ) | (0.61 | ) | (0.62 | ) | (0.64 | ) | (0.52 | ) | (0.67 | ) | ||||||||||||
Net asset value, end of period |
$ | 28.04 | $ | 29.51 | $ | 19.43 | $ | 24.71 | $ | 26.94 | $ | 23.03 | ||||||||||||
TOTAL RETURN2 |
(3.32 | )% | 55.66 | % | (19.30 | )% | (5.79 | )% | 19.44 | % | 12.45 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 92,523 | $ | 94,431 | $ | 69,936 | $ | 69,189 | $ | 75,442 | $ | 48,366 | ||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses, net of expense waivers |
0.32 | %3 | 0.32 | %4 | 0.32 | %5 | 0.32 | %5 | 0.39 | %5 | 0.63 | % | ||||||||||||
Expenses, prior to expense waivers |
0.32 | %3 | 0.42 | % | 0.63 | % | 0.63 | % | 0.63 | % | 0.63 | % | ||||||||||||
Net investment income |
3.37 | %3 | 2.38 | % | 2.74 | % | 2.93 | % | 2.17 | % | 2.88 | % | ||||||||||||
Portfolio turnover rate6 |
1 | % | 57 | % | 55 | % | 81 | % | 62 | % | 49 | % |
WisdomTree Emerging Markets SmallCap Dividend Fund |
For
the Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
For the Year Ended March 31, 2017 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 50.79 | $ | 32.98 | $ | 47.03 | $ | 53.47 | $ | 44.62 | $ | 37.90 | ||||||||||||
Investment operations: |
| |||||||||||||||||||||||
Net investment income1 |
1.37 | 1.58 | 1.82 | 1.79 | 1.42 | 1.35 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
2.88 | 18.04 | (14.02 | ) | (6.35 | ) | 8.89 | 6.71 | ||||||||||||||||
Total from investment operations |
4.25 | 19.62 | (12.20 | ) | (4.56 | ) | 10.31 | 8.06 | ||||||||||||||||
Dividends to shareholders: |
| |||||||||||||||||||||||
Net investment income |
(1.41 | ) | (1.81 | ) | (1.85 | ) | (1.88 | ) | (1.46 | ) | (1.34 | ) | ||||||||||||
Net asset value, end of period |
$ | 53.63 | $ | 50.79 | $ | 32.98 | $ | 47.03 | $ | 53.47 | $ | 44.62 | ||||||||||||
TOTAL RETURN2 |
8.36 | % | 60.63 | % | (26.95 | )% | (8.40 | )% | 23.55 | % | 21.76 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 2,279,104 | $ | 1,935,213 | $ | 1,216,850 | $ | 1,424,969 | $ | 1,743,104 | $ | 1,106,602 | ||||||||||||
Ratios to average net assets7 of: |
||||||||||||||||||||||||
Expenses, net of expense waivers |
0.63 | %3,8,9 | 0.63 | % | 0.63 | % | 0.63 | % | 0.63 | % | 0.63 | % | ||||||||||||
Expenses, prior to expense waivers |
0.63 | %3,8 | 0.63 | % | 0.63 | % | 0.63 | % | 0.63 | % | 0.63 | % | ||||||||||||
Net investment income |
5.09 | %3 | 3.65 | % | 4.05 | % | 3.81 | % | 2.88 | % | 3.36 | % | ||||||||||||
Portfolio turnover rate6 |
2 | % | 59 | % | 47 | % | 40 | % | 48 | % | 47 | % |
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 |
The investment advisor had contractually agreed to limit the advisory fee to 0.32% through July 31, 2020. On July 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.32%. |
5 |
Effective June 30, 2017, the investment advisor contractually agreed to limit the advisory fee to 0.32% through July 31, 2020, unless earlier terminated by the Board of Trustees of the Trust. |
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 |
Prior to September 1, 2021, the Fund’s annual advisory fee rate was 0.63% and, thereafter, was reduced to 0.58% per annum. |
9 |
Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.62%. |
See Notes to Financial Statements.
90 | WisdomTree Trust |
Financial Highlights (continued)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
WisdomTree Global ex-U.S. Quality Dividend Growth Fund |
For
the Six Months Ended September 30, 2021 (unaudited)1 |
For the Year Ended March 31, 20211 |
For the Year Ended March 31, 20201 |
For the Year Ended March 31, 20191 |
For the Year Ended March 31, 20181 |
For the Year Ended March 31, 20171 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 38.60 | $ | 26.57 | $ | 27.80 | $ | 29.52 | $ | 25.02 | $ | 23.58 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income2 |
0.42 | 0.80 | 0.80 | 0.58 | 0.62 | 0.57 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
2.05 | 11.94 | (1.31 | ) | (1.67 | ) | 4.40 | 1.47 | ||||||||||||||||
Total from investment operations |
2.47 | 12.74 | (0.51 | ) | (1.09 | ) | 5.02 | 2.04 | ||||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(0.44 | ) | (0.71 | ) | (0.72 | ) | (0.63 | ) | (0.52 | ) | (0.60 | ) | ||||||||||||
Net asset value, end of period |
$ | 40.63 | $ | 38.60 | $ | 26.57 | $ | 27.80 | $ | 29.52 | $ | 25.02 | ||||||||||||
TOTAL RETURN3 |
6.36 | % | 48.25 | % | (2.01 | )% | (3.65 | )% | 20.18 | % | 8.80 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 422,531 | $ | 355,130 | $ | 95,661 | $ | 72,280 | $ | 70,841 | $ | 50,031 | ||||||||||||
Ratios to average net assets4 of: |
||||||||||||||||||||||||
Expenses |
0.58 | %5 | 0.58 | % | 0.58 | %6 | 0.58 | %6 | 0.58 | %6 | 0.58 | % | ||||||||||||
Net investment income |
2.01 | %5 | 2.29 | % | 2.68 | % | 2.11 | % | 2.20 | % | 2.39 | % | ||||||||||||
Portfolio turnover rate7 |
1 | % | 56 | % | 56 | % | 60 | % | 67 | % | 66 | % |
WisdomTree Global ex-U.S. Real Estate Fund |
For
the Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
For the Year Ended March 31, 2017 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 26.55 | $ | 22.11 | $ | 32.15 | $ | 32.04 | $ | 28.16 | $ | 27.26 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income2 |
0.85 | 0.89 | 1.13 | 1.12 | 1.11 | 1.06 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(1.26 | ) | 4.35 | (8.79 | ) | 0.24 | 4.92 | 1.35 | ||||||||||||||||
Net increase from payment by affiliate |
— | — | — | — | — | 0.00 | 8 | |||||||||||||||||
Total from investment operations |
(0.41 | ) | 5.24 | (7.66 | ) | 1.36 | 6.03 | 2.41 | ||||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(1.22 | ) | (0.80 | ) | (2.38 | ) | (1.25 | ) | (2.15 | ) | (1.51 | ) | ||||||||||||
Net asset value, end of period |
$ | 24.92 | $ | 26.55 | $ | 22.11 | $ | 32.15 | $ | 32.04 | $ | 28.16 | ||||||||||||
TOTAL RETURN3 |
(1.74 | )% | 23.92 | % | (25.74 | )% | 4.51 | % | 21.90 | % | 9.33 | %9 | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 58,566 | $ | 63,711 | $ | 80,703 | $ | 114,146 | $ | 107,329 | $ | 83,060 | ||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses |
0.58 | %5,10 | 0.58 | % | 0.58 | %4 | 0.58 | %4 | 0.58 | %4 | 0.58 | %4 | ||||||||||||
Net investment income |
6.28 | %5 | 3.59 | % | 3.75 | %4 | 3.72 | %4 | 3.56 | %4 | 3.86 | %4 | ||||||||||||
Portfolio turnover rate7 |
4 | % | 39 | % | 21 | % | 17 | % | 23 | % | 19 | % |
1 |
Per share amounts were adjusted to reflect a 2:1 stock split effective June 9, 2021. |
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 for the WisdomTree Global ex-U.S. Quality Dividend Growth Fund, 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 |
Annualized. |
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 |
Includes a voluntary reimbursement from the sub-advisor for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been unchanged . |
10 |
Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been unchanged. |
See Notes to Financial Statements.
WisdomTree Trust | 91 |
Financial Highlights (continued)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
WisdomTree Global High Dividend Fund |
For
the Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
For the Year Ended March 31, 2017 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 46.89 | $ | 34.33 | $ | 46.11 | $ | 46.38 | $ | 44.75 | $ | 40.84 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income1 |
1.10 | 1.63 | 1.78 | 1.77 | 1.59 | 1.46 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
0.23 | 12.62 | (11.79 | ) | (0.18 | ) | 1.54 | 3.97 | ||||||||||||||||
Total from investment operations |
1.33 | 14.25 | (10.01 | ) | 1.59 | 3.13 | 5.43 | |||||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(1.04 | ) | (1.69 | ) | (1.77 | ) | (1.86 | ) | (1.50 | ) | (1.52 | ) | ||||||||||||
Net asset value, end of period |
$ | 47.18 | $ | 46.89 | $ | 34.33 | $ | 46.11 | $ | 46.38 | $ | 44.75 | ||||||||||||
TOTAL RETURN2 |
2.81 | % | 42.38 | % | (22.46 | )% | 3.59 | % | 7.02 | % | 13.54 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 61,336 | $ | 65,641 | $ | 66,952 | $ | 92,227 | $ | 104,358 | $ | 89,510 | ||||||||||||
Ratios to average net assets3 of: |
||||||||||||||||||||||||
Expenses |
0.58 | %4,5 | 0.58 | %5 | 0.58 | %5 | 0.58 | %5 | 0.58 | %5 | 0.58 | % | ||||||||||||
Net investment income |
4.51 | %4 | 4.05 | % | 3.88 | % | 3.86 | % | 3.41 | % | 3.42 | % | ||||||||||||
Portfolio turnover rate6 |
4 | % | 48 | % | 32 | % | 19 | % | 21 | % | 21 | % |
WisdomTree Growth Leaders Fund | For
the Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 20217 |
For the Period May 22, 2019* through March 31, 2020 |
|||||||||||||||||||||
Net asset value, beginning of period |
$ | 44.34 | $ | 23.34 | $ | 24.80 | ||||||||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income1 |
0.00 | 8 | 0.03 | 0.06 | ||||||||||||||||||||
Net realized and unrealized gain (loss) |
1.50 | 21.02 | (1.44 | ) | ||||||||||||||||||||
Total from investment operations |
1.50 | 21.05 | (1.38 | ) | ||||||||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
— | (0.05 | ) | (0.08 | ) | |||||||||||||||||||
Net asset value, end of period |
$ | 45.84 | $ | 44.34 | $ | 23.34 | ||||||||||||||||||
TOTAL RETURN2 |
3.38 | % | 90.18 | % | (5.61 | )% | ||||||||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 15,814 | $ | 14,410 | $ | 1,751 | ||||||||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses |
0.20 | %4 | 0.24 | %9 | 0.45 | %4 | ||||||||||||||||||
Net investment income |
0.02 | %4 | 0.08 | % | 0.27 | %4 | ||||||||||||||||||
Portfolio turnover rate6 |
38 | % | 40 | % | 9 | % |
* |
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 for the WisdomTree Global High Dividend Fund, 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 |
Annualized. |
5 |
The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged. |
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 information reflects the investment objective and strategy of the WisdomTree Modern Tech Platforms Fund through July 31, 2020 and the investment objective and strategy of the WisdomTree Growth Leaders Fund thereafter. The increase in the portfolio turnover rate was primarily a result of the aforementioned investment objective and strategy change. |
8 |
Amount represents less than $0.005. |
9 |
Prior to August 1, 2020, the Fund’s net expense ratio was 0.45% and, thereafter, was reduced to 0.20% per annum. |
See Notes to Financial Statements.
92 | WisdomTree Trust |
Financial Highlights (concluded)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
WisdomTree India Earnings Fund (consolidated) |
For
the Six Months Ended September 30, 2021 (unaudited) |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
For the Year Ended March 31, 2017 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 31.26 | $ | 16.19 | $ | 26.26 | $ | 25.88 | $ | 24.07 | $ | 19.42 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income1 |
0.14 | 0.16 | 0.30 | 0.28 | 0.24 | 0.23 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
6.38 | 15.16 | (10.18 | ) | 0.45 | 1.79 | 4.70 | |||||||||||||||||
Total from investment operations |
6.52 | 15.32 | (9.88 | ) | 0.73 | 2.03 | 4.93 | |||||||||||||||||
Dividends and distributions to shareholders: |
||||||||||||||||||||||||
Net investment income |
(0.20 | ) | (0.25 | ) | (0.19 | ) | (0.34 | ) | (0.22 | ) | (0.28 | ) | ||||||||||||
Tax return of capital |
— | — | — | (0.01 | ) | — | — | |||||||||||||||||
Total dividends and distributions to shareholders |
(0.20 | ) | (0.25 | ) | (0.19 | ) | (0.35 | ) | (0.22 | ) | (0.28 | ) | ||||||||||||
Net asset value, end of period |
$ | 37.58 | $ | 31.26 | $ | 16.19 | $ | 26.26 | $ | 25.88 | $ | 24.07 | ||||||||||||
TOTAL RETURN2 |
20.87 | % | 95.10 | % | (37.84 | )% | 2.89 | % | 8.46 | % | 25.56 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 961,998 | $ | 787,825 | $ | 563,317 | $ | 1,323,424 | $ | 1,671,567 | $ | 1,564,606 | ||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses3 |
0.84 | %4,5,6 | 0.84 | %5,6 | 0.84 | %5,6 | 0.85 | % | 0.84 | % | 0.84 | % | ||||||||||||
Net investment income |
0.86 | %4,5 | 0.67 | %5 | 1.22 | %5 | 1.14 | % | 0.91 | % | 1.09 | % | ||||||||||||
Portfolio turnover rate7 |
22 | % | 23 | % | 32 | % | 37 | % | 22 | % | 30 | % |
WisdomTree India ex-State- Owned Enterprises Fund |
For
the Six Months Ended September 30, 2021 (unaudited) |
For
the Year Ended March 31, 2021 |
For the
Period April 4, 2019* through March 31, 2020 |
|||||||||||||||||||||
Net asset value, beginning of period |
$ | 30.33 | $ | 17.64 | $ | 24.67 | ||||||||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income1 |
0.08 | 0.05 | 0.19 | |||||||||||||||||||||
Net realized and unrealized gain (loss) |
5.58 | 12.69 | (7.22 | ) | ||||||||||||||||||||
Total from investment operations |
5.66 | 12.74 | (7.03 | ) | ||||||||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(0.01 | ) | (0.05 | ) | — | |||||||||||||||||||
Net asset value, end of period |
$ | 35.98 | $ | 30.33 | $ | 17.64 | ||||||||||||||||||
TOTAL RETURN2 |
18.66 | % | 72.25 | % | (28.50 | )% | ||||||||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 7,196 | $ | 4,549 | $ | 882 | ||||||||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||||||||||||||
Net investment income |
0.48 | %4 | 0.20 | % | 0.80 | %4 | ||||||||||||||||||
Portfolio turnover rate7 |
1 | % | 36 | % | 82 | % |
* |
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 for the WisdomTree India Earnings Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3). |
3 |
Includes interest expense of 0.01% for the six months ended September 30, 2021 (not annualized) and each of the fiscal years presented. |
4 |
Annualized. |
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. |
See Notes to Financial Statements.
WisdomTree Trust | 93 |
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 China ex-State-Owned Enterprises Fund (“China ex-State-Owned Enterprises Fund”) |
September 19, 2012 | |||
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (“Emerging Markets ex-State-Owned Enterprises Fund”) |
December 10, 2014 | |||
WisdomTree Emerging Markets High Dividend Fund (“Emerging Markets High Dividend Fund”) |
July 13, 2007 | |||
WisdomTree Emerging Markets Multifactor Fund (“Emerging Markets Multifactor Fund”) |
August 10, 2018 | |||
WisdomTree Emerging Markets Quality Dividend Growth Fund (“Emerging Markets Quality Dividend Growth Fund”) |
August 1, 2013 | |||
WisdomTree Emerging Markets SmallCap Dividend Fund (“Emerging Markets SmallCap Dividend Fund”) |
October 30, 2007 | |||
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (“Global ex-U.S. Quality Dividend Growth Fund”) |
June 16, 2006 | |||
WisdomTree Global ex-U.S. Real Estate Fund (“Global ex-U.S. Real Estate Fund”) |
June 5, 2007 | |||
WisdomTree Global High Dividend Fund (“Global High Dividend Fund”) |
June 16, 2006 | |||
WisdomTree Growth Leaders Fund (“Growth Leaders Fund”) |
May 22, 2019 | |||
WisdomTree India Earnings Fund (“India Earnings Fund”) (consolidated) |
February 22, 2008 | |||
WisdomTree India ex-State-Owned Enterprises Fund (“India ex-State-Owned Enterprises Fund”) |
April 4, 2019 |
The India Earnings Fund makes its investments through the WisdomTree India Investment Portfolio, Inc. (the “Portfolio”), a wholly owned subsidiary organized in the Republic of Mauritius (“Mauritius”). The Portfolio was incorporated under the provisions of the Mauritius Companies Act, 2001 and holds a Global Business License Category 1 issued by the Financial Services Commission.
Each Fund, except for the Emerging Markets Multifactor Fund and Emerging Markets Quality Dividend Growth Fund, seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“WisdomTree Investments”). The Emerging Markets Multifactor Fund is actively managed using a model-based approach seeking capital appreciation. The Emerging Markets Quality Dividend Growth Fund is actively managed using a model-based approach seeking income and capital appreciation. The Growth Leaders Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Growth Leaders Index. In seeking to track the Index, the Growth Leaders Fund invests in high growth mid and large-cap companies that are generating substantial revenue from a modern platform business. WisdomTree Investments is the parent company of WisdomTree Asset Management, Inc. (“WTAM”), the investment adviser to each Fund (including the Portfolio) and the Trust. “WisdomTree” is a registered trademark of WisdomTree Investments 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. The securities in each Index are weighted based on earnings or earnings yield.
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 believes 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.
Basis of Consolidation — The financial statements for the India Earnings Fund include the accounts of a wholly-owned and controlled Mauritius subsidiary (the “Subsidiary”). The India Earnings Fund’s accompanying financial statements reflect the financial position and the results of operations on a consolidated basis with its Subsidiary. All intercompany accounts and transactions have been eliminated in the consolidation.
94 | WisdomTree Trust |
Notes to Financial Statements (unaudited) (continued)
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. Fixed income securities generally are valued at current market quotations or mean prices obtained from broker-dealers or independent pricing service providers. Broker-dealers or independent pricing service providers, in determining the value of securities, may consider such factors as recent transactions, indications from broker-dealers yields and quoted prices on similar securities, and market sentiment for the type of security. U.S. fixed income securities may be valued as of the announced closing time for such securities on any day that the Securities Industry and Financial Markets Association announces an early closing time. Each Fund may invest in money market 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 daily using WM/Reuters closing spot and forward rates, respectively, as of 4:00 p.m. London time for all Funds except for Forward Contracts in certain Asian currencies (Chinese renminbi, Chinese yuan, Hong Kong dollar, Indian rupee, Indonesian rupiah, Malaysian ringgit, Philippine peso, Singapore dollar, South Korean won, New Taiwan dollar, and the Thai baht) which are valued daily using WM/Reuters closing forward rates as of 2:00 p.m. Singapore time. 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.
In certain instances, such as when reliable market valuations are not readily available, a Fund’s investments, which include derivatives, will be fair valued in accordance with the Fund’s pricing policy. The Board of Trustees has established a pricing committee (the “Pricing Committee”) which is comprised of senior representatives of WTAM and which 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 Pricing Committee 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 Pricing Committee 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)
WisdomTree Trust | 95 |
Notes to Financial Statements (unaudited) (continued)
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).
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 Pricing Committee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Pricing Committee 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 Pricing Committee 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, 2021, 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, 2021 and open positions in such derivatives as of September 30, 2021 are detailed in each Fund’s Schedule of Investments. All of the derivative instruments disclosed and described herein are subject to 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. The Funds’ derivative agreements may also contain credit-risk related contingent features which include, but are not limited to, a percentage decline in the Funds’ NAV over a specified time period. If an event occurred at September 30, 2021 that triggered a contingent feature, the counterparty to the agreement may require the Funds to post additional collateral or terminate the derivative positions and demand payment. Any collateral posted with respect to the derivative positions would be used to offset or reduce the payment. The maximum exposure to derivatives agreements with credit-risk related contingent features would be the total value of derivatives in net liability positions for each Fund, as disclosed in the table included in Note 2 — Master Netting Arrangements. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of September 30, 2021, if any, is reflected as a footnote within each Fund’s Schedule of Investments.
96 | WisdomTree Trust |
Notes to Financial Statements (unaudited) (continued)
As of September 30, 2021, 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:
Fund | Asset Derivatives | Liability Derivatives | ||||||||||
Balance Sheet Location | Value | Balance Sheet Location | Value | |||||||||
China ex-State-Owned Enterprises Fund |
| |||||||||||
Foreign currency risk |
Unrealized appreciation on foreign currency contracts |
$ | 14 | Unrealized depreciation on foreign currency contracts |
$ | — | ||||||
Emerging Markets ex-State-Owned Enterprises Fund |
| |||||||||||
Foreign currency risk |
Unrealized
appreciation on foreign currency contracts |
2,098 | Unrealized
depreciation on foreign currency contracts |
7,964 | ||||||||
Emerging Markets High Dividend Fund |
| |||||||||||
Foreign currency risk |
Unrealized
appreciation on foreign currency contracts |
400 | Unrealized
depreciation on foreign currency contracts |
2,062 | ||||||||
Emerging Markets Multifactor Fund |
| |||||||||||
Foreign currency risk |
Unrealized
appreciation on foreign currency contracts |
2,772 | Unrealized
depreciation on foreign currency contracts |
39 | ||||||||
Global ex-U.S. Quality Dividend Growth Fund |
| |||||||||||
Foreign currency risk |
Unrealized
appreciation on foreign currency contracts |
— | Unrealized
depreciation on foreign currency contracts |
804 | ||||||||
Global ex-U.S. Real Estate Fund |
| |||||||||||
Foreign currency risk |
Unrealized
appreciation on foreign currency contracts |
19 | Unrealized
depreciation on foreign currency contracts |
70 |
For the six months ended September 30, 2021, 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 |
||||||
China ex-State-Owned Enterprises Fund |
| |||||||
Foreign currency risk |
$ | (74,512 | ) | $ | (3,958 | ) | ||
Emerging Markets ex-State-Owned Enterprises Fund |
| |||||||
Foreign currency risk |
364,626 | (32,959 | ) | |||||
Emerging Markets High Dividend Fund |
| |||||||
Foreign currency risk |
59,754 | 2,897 | ||||||
Emerging Markets Multifactor Fund |
| |||||||
Foreign currency risk |
(7,402 | ) | (19,283 | ) | ||||
Emerging Markets Quality Dividend Growth Fund |
| |||||||
Foreign currency risk |
2,427 | — | ||||||
Emerging Markets SmallCap Dividend Fund |
| |||||||
Foreign currency risk |
65,950 | (6,854 | ) | |||||
Global ex-U.S. Quality Dividend Growth Fund |
| |||||||
Foreign currency risk |
(21,286 | ) | (606 | ) | ||||
Global ex-U.S. Real Estate Fund |
| |||||||
Foreign currency risk |
1,366 | 80 | ||||||
Global High Dividend Fund |
| |||||||
Foreign currency risk |
2,878 | — | ||||||
Growth Leaders Fund |
| |||||||
Foreign currency risk |
180 | — | ||||||
India Earnings Fund (consolidated) |
| |||||||
Foreign currency risk |
(434,727 | ) | — | |||||
India ex-State-Owned Enterprises Fund |
| |||||||
Foreign currency risk |
(2,475 | ) | — |
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 |
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 |
WisdomTree Trust | 97 |
Notes to Financial Statements (unaudited) (continued)
During the six months ended September 30, 2021, 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) |
||||||
China ex-State-Owned Enterprises Fund |
| |||||||
Foreign currency risk |
$ | 10,769,263 | $ | 68,475 | ||||
Emerging Markets ex-State-Owned Enterprises Fund |
| |||||||
Foreign currency risk |
6,663,361 | 9,545,417 | ||||||
Emerging Markets High Dividend Fund |
| |||||||
Foreign currency risk |
127,016 | 1,224,514 | ||||||
Emerging Markets Multifactor Fund |
| |||||||
Foreign currency risk |
140,126 | 810,862 | ||||||
Emerging Markets Quality Dividend Growth Fund |
| |||||||
Foreign currency risk |
2,871 | 4,372 | ||||||
Emerging Markets SmallCap Dividend Fund |
| |||||||
Foreign currency risk |
544,887 | 510,279 | ||||||
Global ex-U.S. Quality Dividend Growth Fund |
| |||||||
Foreign currency risk |
89,356 | 78,866 | ||||||
Global ex-U.S. Real Estate Fund |
| |||||||
Foreign currency risk |
12,018 | 41,274 | ||||||
Global High Dividend Fund |
| |||||||
Foreign currency risk |
11,498 | 8,848 | ||||||
Growth Leaders Fund |
| |||||||
Foreign currency risk1 |
64,331 | 31,673 | ||||||
India Earnings Fund (consolidated) |
| |||||||
Foreign currency risk1 |
29,398,885 | 28,585,209 | ||||||
India ex-State-Owned Enterprises Fund |
| |||||||
Foreign currency risk1 |
269,980 | 17,714 |
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 (net of 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 at the fair value of securities received 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. 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. In addition, the Funds generally will write-off interest receivable balances in default by the issuer as of the date any applicable interest payment grace period or forbearance period expires or as of the date any interest payment cancellation notification was publicly made available or when it becomes probable that interest will not be collected and the amount of uncollectable interest can be reasonably estimated. Interest income (including amortization of premiums and accretion of discounts), net of any foreign taxes withheld, is accrued daily. Generally, amortization of premiums and accretion of discounts are recognized daily using the effective interest method (also known as the scientific amortization method). 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 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
98 | WisdomTree Trust |
Notes to Financial Statements (unaudited) (continued)
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.
Interest expense associated with a short-term loan from a U.S. bank that is incurred in connection with the execution of portfolio rebalancing trades is 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 Emerging Markets 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 fiscal period ended September 30, 2021, the Funds, except for the Emerging Markets Multifactor Fund, utilized foreign currency contracts primarily to facilitate foreign security settlements. The Emerging Markets Multifactor Fund utilized foreign currency contracts primarily to offset applicable foreign currency exposure from certain positions in emerging market 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. However, if a Fund is in an unrealized loss position on a foreign currency contract, it may be required to pledge collateral (or additional collateral) to the counterparty. If a Fund is in an unrealized gain position on a foreign currency contract, it may receive collateral from the counterparty. In the event of a default or inability of counterparties to meet the terms of their contracts, the non-defaulting party generally has the right to liquidate the collateral and apply the proceeds in satisfaction of the contract terms.
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.
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
WisdomTree Trust | 99 |
Notes to Financial Statements (unaudited) (continued)
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.
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 and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest 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 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). Generally, for transactions traded under an ISDA Master Agreement, the collateral requirements are calculated by netting the marked to market amount for each transaction under such agreement and comparing that amount to the value of any collateral currently pledged by a Fund and the counterparty. Generally, the amount of collateral due from or to a counterparty must exceed a minimum transfer amount threshold before a transfer is required to be made. 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
100 | WisdomTree Trust |
Notes to Financial Statements (unaudited) (continued)
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.
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, 2021, 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 Assets and |
Gross Amounts Not Offset in the Statements of Assets and Liabilities |
Net Amount |
Gross Amounts Assets and |
Gross Amounts Not Offset in the Statements of Assets and Liabilities |
Net Amount | |||||||||||||||||||||||||||
Fund | Financial Instruments |
Collateral Received |
Financial Instruments |
Collateral Posted |
||||||||||||||||||||||||||||
China ex-State-Owned Enterprises Fund |
| |||||||||||||||||||||||||||||||
Securities Lending |
$ | 43,021,658 | $ | — | $ | (43,021,658 | )1 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||
Foreign Currency Contracts |
14 | — | — | 14 | — | — | — | — | ||||||||||||||||||||||||
Emerging Markets ex-State-Owned Enterprises Fund |
| |||||||||||||||||||||||||||||||
Securities Lending |
116,157,731 | — | (116,157,731 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts |
2,098 | (1,984 | ) | — | 114 | 7,964 | (1,984 | ) | — | 5,980 | ||||||||||||||||||||||
Emerging Markets High Dividend Fund |
| |||||||||||||||||||||||||||||||
Securities Lending |
240,303,643 | — | (240,303,643 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts |
400 | (400 | ) | — | — | 2,062 | (400 | ) | — | 1,662 | ||||||||||||||||||||||
Emerging Markets Multifactor Fund |
| |||||||||||||||||||||||||||||||
Securities Lending |
64,288 | — | (64,288 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts |
2,772 | (39 | ) | — | 2,733 | 39 | (39 | ) | — | — | ||||||||||||||||||||||
Emerging Markets Quality Dividend Growth Fund |
| |||||||||||||||||||||||||||||||
Securities Lending |
2,370,430 | — | (2,370,430 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Emerging Markets SmallCap Dividend Fund |
| |||||||||||||||||||||||||||||||
Securities Lending |
414,426,506 | — | (414,426,506 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Global ex-U.S. Quality Dividend Growth Fund |
| |||||||||||||||||||||||||||||||
Securities Lending |
39,685,079 | — | (39,685,079 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts |
— | — | — | — | 804 | — | — | 804 | ||||||||||||||||||||||||
Global ex-U.S. Real Estate Fund |
| |||||||||||||||||||||||||||||||
Securities Lending |
5,639,804 | — | (5,639,804 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts |
19 | (12 | ) | — | 7 | 70 | (12 | ) | — | 58 | ||||||||||||||||||||||
Global High Dividend Fund |
| |||||||||||||||||||||||||||||||
Securities Lending |
2,046,048 | — | (2,046,048 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Growth Leaders Fund |
| |||||||||||||||||||||||||||||||
Securities Lending |
928,126 | — | (928,126 | )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.
Restricted Securities — Each Fund may invest in securities that are subject to legal or contractual restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are registered. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted securities, if any, is included at the end of each Fund’s Schedule of Investments.
Emerging Market Investments — Investments in securities listed and traded in emerging markets are subject to additional risks that may not be present for U.S. investments or investments in more developed non-U.S. markets. Such risks may include: (i) greater
WisdomTree Trust | 101 |
Notes to Financial Statements (unaudited) (continued)
market volatility; (ii) lower trading volume; (iii) greater social, political and economic uncertainty; (iv) governmental controls on foreign investments and limitations on repatriation of invested capital; (v) the risk that companies may be held to lower disclosure, corporate governance, auditing and financial reporting standards than companies in more developed markets; and (vi) the risk that there may be less protection of property rights than in other countries. Emerging markets are generally less liquid and less efficient than developed securities markets.
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. 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. The India Earnings Fund has filed an election to treat the Portfolio as a “pass-through” entity for tax purposes.
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. Additionally, the Portfolio is also advised by WTAM and is sub-advised by Mellon. Mellon is compensated by WTAM at no additional cost to the Funds or the Portfolio. 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.
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.
102 | WisdomTree Trust |
Notes to Financial Statements (unaudited) (continued)
WTAM expects to receive annual advisory fees from each Fund, based on a percentage of the Fund’s average daily net assets and, with respect to the India Earnings Fund, based on the average daily net assets of the India Earnings Fund and the Portfolio on a consolidated basis, as shown in the following table:
Fund |
Advisory Fee Rate |
|||
China ex-State-Owned Enterprises Fund |
0.32 | % | ||
Emerging Markets ex-State-Owned Enterprises Fund |
0.32 | % | ||
Emerging Markets High Dividend Fund |
0.63 | % | ||
Emerging Markets Multifactor Fund |
0.48 | % | ||
Emerging Markets Quality Dividend Growth Fund |
0.32 | % | ||
Emerging Markets SmallCap Dividend Fund |
0.58 | %1 | ||
Global ex-U.S. Quality Dividend Growth Fund |
0.58 | % | ||
Global ex-U.S. Real Estate Fund |
0.58 | % | ||
Global High Dividend Fund |
0.58 | % | ||
Growth Leaders Fund |
0.20 | % | ||
India Earnings Fund (consolidated) |
0.83 | % | ||
India ex-State-Owned Enterprises Fund |
0.58 | % |
1 |
Prior to September 1, 2021, WTAM received an annual advisory fee of 0.63% based on the Fund’s average daily net assets. |
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, 2021, 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 the advisory fees, that it would otherwise charge, in an amount equal to the indirect AFFE (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) attributable to each Fund’s investment in affiliated ETFs. 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 Investments (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the six months ended September 30, 2021, 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, 2021 | For the Six Months Ended September 30, 2021 |
|||||||||||||||
Fund | Fund Shares held by WT |
Market Value of Fund Shares held by WT |
Dividends and Fund Shares held by WT |
|||||||||||||
Emerging Markets ex-State-Owned Enterprises Fund |
940 | $ | 35,081 | $ | 406 | |||||||||||
Emerging Markets High Dividend Fund |
173 | 7,548 | 277 | |||||||||||||
Emerging Markets Quality Dividend Growth Fund |
286 | 8,017 | 143 | |||||||||||||
Emerging Markets SmallCap Dividend Fund |
396 | 21,178 | 554 | |||||||||||||
Global ex-U.S. Quality Dividend Growth Fund |
126 | 5,098 | 55 | |||||||||||||
Global ex-U.S. Real Estate Fund |
— | — | 22 | |||||||||||||
Growth Leaders Fund |
155 | 7,124 | — |
4. CAPITAL SHARE TRANSACTIONS
As of September 30, 2021, 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. Except when aggregated in creation units, 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 and/or an amount of cash. The India Earnings Fund and India ex-State-Owned Enterprises Fund issue and redeem shares on a cash basis only as certain securities markets in which these Funds invest do not permit in-kind transfers of securities. Investors 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.
WisdomTree Trust | 103 |
Notes to Financial Statements (unaudited) (continued)
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, 2021 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 | ||||||||||||
China ex-State-Owned Enterprises Fund |
$ | 292,997,443 | $ | 78,387,095 | $ | 62,591,983 | $ | 36,253,035 | ||||||||
Emerging Markets ex-State-Owned Enterprises Fund |
267,862,433 | 322,277,161 | 47,019,696 | 150,057,037 | ||||||||||||
Emerging Markets High Dividend Fund |
65,650,286 | 39,788,339 | 2,774,081 | 6,228,080 | ||||||||||||
Emerging Markets Multifactor Fund |
3,061,351 | 3,055,676 | — | — | ||||||||||||
Emerging Markets Quality Dividend Growth Fund |
3,917,374 | 1,353,493 | 380,232 | — | ||||||||||||
Emerging Markets SmallCap Dividend Fund |
235,322,996 | 45,234,062 | 39,342,657 | — | ||||||||||||
Global ex-U.S. Quality Dividend Growth Fund |
16,160,239 | 3,938,157 | 37,885,558 | — | ||||||||||||
Global ex-U.S. Real Estate Fund |
2,748,465 | 2,993,003 | 923,861 | 2,777,449 | ||||||||||||
Global High Dividend Fund |
2,557,142 | 3,118,544 | 11,159,333 | 15,179,934 | ||||||||||||
Growth Leaders Fund |
5,925,097 | 5,910,502 | 2,090,897 | 1,163,701 | ||||||||||||
India Earnings Fund (consolidated) |
208,255,409 | 197,131,109 | — | — | ||||||||||||
India ex-State-Owned Enterprises Fund |
1,866,602 | 27,587 | — | — |
6. FEDERAL INCOME TAXES
At September 30, 2021, 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 |
Total Net (Depreciation) |
||||||||||||||||||||||||||||||||||
Fund | Tax Cost | Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Appreciation/ (Depreciation) |
Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized (Depreciation) |
|||||||||||||||||||||||||||||
China ex-State-Owned Enterprises Fund |
$ | 1,047,368,791 | $ | 88,571,829 | $ | (173,026,466 | ) | $ | (84,454,637 | ) | $ | 14 | $ | — | $ | 14 | $ | (84,454,623 | ) | |||||||||||||||||
Emerging Markets ex-State-Owned Enterprises Fund |
3,926,798,992 | 765,336,739 | (381,311,097 | ) | 384,025,642 | 114 | (4,356 | ) | (4,242 | ) | 384,021,400 | |||||||||||||||||||||||||
Emerging Markets High Dividend Fund |
1,600,026,402 | 410,672,459 | (86,680,757 | ) | 323,991,702 | — | (1,814 | ) | (1,814 | ) | 323,989,888 | |||||||||||||||||||||||||
Emerging Markets Multifactor Fund |
4,641,494 | 687,661 | (277,075 | ) | 410,586 | — | — | — | 410,586 | |||||||||||||||||||||||||||
Emerging Markets Quality Dividend Growth Fund |
74,594,039 | 24,140,424 | (4,948,251 | ) | 19,192,173 | — | — | — | 19,192,173 | |||||||||||||||||||||||||||
Emerging Markets SmallCap Dividend Fund |
1,857,572,917 | 604,874,466 | (134,590,149 | ) | 470,284,317 | — | — | — | 470,284,317 | |||||||||||||||||||||||||||
Global ex-U.S. Quality Dividend Growth Fund |
377,581,466 | 87,514,912 | (8,947,699 | ) | 78,567,213 | — | (804 | ) | (804 | ) | 78,566,409 | |||||||||||||||||||||||||
Global ex-U.S. Real Estate Fund |
59,885,152 | 7,198,742 | (6,794,542 | ) | 404,200 | 19 | (70 | ) | (51 | ) | 404,149 | |||||||||||||||||||||||||
Global High Dividend Fund |
55,999,411 | 8,918,784 | (3,278,802 | ) | 5,639,982 | — | — | — | 5,639,982 | |||||||||||||||||||||||||||
Growth Leaders Fund |
14,761,135 | 2,273,442 | (1,049,129 | ) | 1,224,313 | — | — | — | 1,224,313 | |||||||||||||||||||||||||||
India Earnings Fund (consolidated) |
556,671,926 | 458,146,505 | (23,328,621 | ) | 434,817,884 | — | — | — | 434,817,884 | |||||||||||||||||||||||||||
India ex-State-Owned Enterprises Fund |
5,576,503 | 1,942,338 | (55,024 | ) | 1,887,314 | — | — | — | 1,887,314 |
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. |
104 | WisdomTree Trust |
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 “Dividend Income”, the foreign capital gains tax applicable on the disposal of securities is included in the Statements of Operations in “Net realized gain (loss) from investment 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 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, 2021, the ECJ tax reclaims received by the Funds did not exceed the foreign withholding taxes of the respective Funds.
7. MAURITIUS AND INDIA TAXATION
The Portfolio holds a tax residency certificate issued by the Mauritian Revenue authorities as well as other tax residency related documentation prescribed by the Indian Revenue authorities and should be regarded as the beneficial owner of the investments made in Indian securities, which should entitle it to claim the benefits of the double taxation avoidance agreement entered between the Government of India and Mauritius (“tax treaty”).
The taxable profits derived from the Portfolio are subject to income tax at the rate of 15% in the Republic of Mauritius (“Mauritius”) and eligible for a presumed foreign tax credit of 80% of the Mauritian tax on the respective foreign income which effectively limits the maximum income tax payable to an effective rate of 3%. The Mauritius income tax is paid by WTAM (out of its fee paid by the India Earnings Fund), accordingly, no provision for Mauritius income taxes is required.
Under the tax treaty, as amended, Mauritius entities (such as the Portfolio) are subject to tax on capital gains arising on the disposal of shares of an Indian company. However, investments in shares acquired up to March 31, 2017 are grandfathered, thus exempted from capital gains tax in India irrespective of the date of disposal (subject to the entity being eligible for the tax treaty benefits). The Indian tax rates applicable on disposal of securities would depend on the nature of securities, the holding period and the manner of disposal.
Changes in India tax law could reduce the return to each Fund with investments in India and the return received by each Fund’s shareholders.
Reference to investments by the India Earnings Fund herein should be understood to refer to investments by the Portfolio.
8. DEMAND NOTE
During the period ended September 30, 2021, the India Earnings Fund had a demand note agreement with Bank of America, N.A. which allowed the Fund to borrow up to $300,000,000 and having a final maturity date of September 28, 2021. During the period ended September 30, 2021, the Fund utilized the demand note and borrowed for a period of 10 days with an average outstanding note balance of $117,220,000 and a weighted average interest rate of 2.09% per annum. Interest expense related to the note for the period ended September 30, 2021 was $66,976. At September 30, 2021, the Fund did not have any amounts outstanding under the demand note agreement.
WisdomTree Trust | 105 |
Notes to Financial Statements (unaudited) (concluded)
9. ADDITIONAL INFORMATION
The Board of Trustees authorized a two-for-one stock split for the Global ex-U.S. Quality Dividend Growth Fund, effective after the close of trading on June 9, 2021, for the shareholders of record on June 7, 2021. The impact of the stock split was to increase the number of shares outstanding by a factor of two, while decreasing the NAV per share by a factor of two, resulting in no effect on the net assets of the Fund. The financial statements for the Fund have been adjusted to reflect the stock split.
* * * * *
The respiratory disease caused by a novel coronavirus (“COVID-19”) has spread globally for over a year, resulting in a global pandemic and major disruption to global markets and economies. In an organized attempt to contain and mitigate the effects of COVID-19, governments and businesses world-wide took aggressive measures, including businesses canceling dividends to preserve cash, governments closing borders, restricting international and domestic travel, and the imposition of prolonged quarantines of large populations. COVID-19 has resulted in the disruption of and delays in the delivery of healthcare services and processes, the cancellation of organized events and educational institutions, the disruption of production and supply chains, a decline in consumer demand for certain goods and services, and general concern and uncertainty, all of which have contributed to increased volatility in global markets. In recent months, however, the rapid COVID-19 vaccination rollout in the United States and certain other developed countries, coupled with the passage of stimulus programs in the U.S. and abroad, have resulted in a reversal of many of these trends including the re-opening of businesses, a reduction in quarantine requirements, increased consumer demand, and the resumption of certain in-person schooling, travel and events. Despite these positive trends, the prevalence of new COVID-19 variants, a failure to achieve herd immunity, or other unforeseen circumstances may result in the continued spread of the virus throughout unvaccinated populations or a resurgence in infections among vaccinated populations. As a result, it remains unclear if recent positive trends will continue in developed markets and whether such trends will spread world-wide to countries with limited access to vaccines that are still experiencing rising COVID-19 cases, hospitalizations and deaths.
The effects of COVID-19 have affected and are likely to continue to affect certain sectors and industries more dramatically than others, and the effects borne by some will negatively affect the value of the issuers in those sectors and industries, which may adversely affect the value of a Fund’s investments in those sectors or industries. It is also true that the speed at which global economies recover, or fail to recover, from the COVID-19 pandemic will affect certain sectors, industries, and issuers more dramatically than others, which in turn may adversely affect certain Fund investments.
COVID-19, and other epidemics and pandemics that may arise in the future, could adversely affect the economies of many nations, the global economy, individual companies and capital markets in ways that cannot be foreseen at the present time. In addition, the impact of infectious diseases in developing or emerging market countries may be greater due to limited health care resources, including access to COVID-19 vaccinations and treatments. Political, economic and social stresses caused by COVID-19 also may exacerbate other pre-existing political, social and economic risks in certain countries. The duration of COVID-19 and its effects cannot be determined fully at this time, but the effects could be present for an extended period of time. It is impossible to predict the effects on the Funds of these or similar events and market conditions in the future. However, it is possible that these or similar events and market conditions could have a significant and adverse effect on the NAV and/or risk profile of a Fund.
106 | WisdomTree Trust |
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 27-28, 2021 (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 series included in this report (each, a “Fund,” and, collectively, the “Funds”), pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”), and (ii) the Sub-Advisory Agreement (the “Sub-Advisory Agreement” and, the Advisory Agreements together with the Sub-Advisory Agreement (the “Agreements”)), pursuant to which Mellon Investments Corporation (the “Sub-Adviser”) coordinates the investment and reinvestment of the assets of the Funds included in this report.
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 9, 2021, 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 Investments, Inc. (“WTI”), 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 WTI indexes are unique, based on WTI’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 WTI’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 WTI 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 Sub-Adviser 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 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, 2021, 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 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 as comparison funds. The Board also noted that due to the
WisdomTree Trust | 107 |
Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (continued)
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. In response to questions from the Independent Trustees, WTAM representatives discussed the relative performance of the Funds and the factors affecting such performance. On that basis, the Board determined to continue to monitor carefully disparities in performance — both positive and negative — but did not believe that the disparities in the past reflected any characteristics requiring immediate action by WTAM or a Sub-Adviser.
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 the 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
108 | WisdomTree Trust |
Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (concluded)
WTAM and the Sub-Advisers from acting as investment adviser and sub-advisers, respectively, and noted that there were no soft dollar 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.
WisdomTree Trust | 109 |
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 Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on 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.
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.
110 | WisdomTree Trust |
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 Investments, 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 Investments, 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. 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.
The Dow Jones Global ex-U.S. Select Real Estate Securities Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.
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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WisdomTree Fund shares are distributed by Foreside Fund Services, LLC, in the U.S. only.
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