WisdomTree Trust
Semi-Annual Report
September 30, 2022
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 High Dividend Fund (DEW)
WisdomTree Growth Leaders Fund (PLAT)
WisdomTree India Earnings Fund (EPI)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
WisdomTree New Economy Real Estate Fund (WTRE)
(formerly, WisdomTree Global ex-U.S. Real Estate Fund (DRW))
Information about Performance and Shareholder Expense Examples (unaudited) |
1 | |||
Performance Summary (unaudited) | 2 | |||
Description of Terms and Indexes (unaudited) | 14 | |||
Schedules of Investments (unaudited) |
| |||
17 | ||||
22 | ||||
31 | ||||
38 | ||||
43 | ||||
48 | ||||
60 | ||||
65 | ||||
74 | ||||
76 | ||||
83 | ||||
86 | ||||
88 | ||||
91 | ||||
94 | ||||
98 | ||||
104 | ||||
Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) |
118 | |||
121 |
“WisdomTree” is a registered mark of WisdomTree, 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, 2022 to September 30, 2022. 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, 2022 (unaudited)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
Sector Breakdown†
Sector | % of Net Assets | |||
Consumer Discretionary |
34.7% | |||
Communication Services |
16.3% | |||
Health Care |
10.1% | |||
Information Technology |
9.9% | |||
Industrials |
8.9% | |||
Financials |
6.6% | |||
Consumer Staples |
6.0% | |||
Materials |
4.3% | |||
Real Estate |
2.0% | |||
Utilities |
0.7% | |||
Energy |
0.4% | |||
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 | |||
Tencent Holdings Ltd. |
10.5 | % | ||
Alibaba Group Holding Ltd. |
8.8 | % | ||
Meituan, Class B |
5.0 | % | ||
JD.com, Inc., Class A |
3.4 | % | ||
Contemporary Amperex Technology Co. Ltd., Class A |
2.9 | % | ||
Pinduoduo, Inc., ADR |
2.1 | % | ||
Ping An Insurance Group Co. of China Ltd., Class A |
2.0 | % | ||
Baidu, Inc., Class A |
2.0 | % | ||
Ping An Insurance Group Co. of China Ltd., Class H |
1.8 | % | ||
Wuxi Biologics Cayman, 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 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 (“SOEs”), 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, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 782.50 | 0.32 | % | $ | 1.43 | ||||||||
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 | 10 Year | ||||||||||||||||
Fund NAV Returns |
-21.75 | % | -39.82 | % | -3.01 | % | -3.10 | % | 3.95 | % | ||||||||||
Fund Market Price Returns |
-20.58 | % | -40.22 | % | -3.04 | % | -3.38 | % | 3.94 | % | ||||||||||
WisdomTree China Dividend ex-Financials/China ex-State-Owned Enterprises Spliced Index1 |
-21.54 | % | -39.53 | % | -2.74 | % | -3.32 | % | 4.25 | % | ||||||||||
MSCI China Index |
-19.85 | % | -35.40 | % | -7.18 | % | -5.56 | % | 2.37 | % | ||||||||||
FTSE China 50 Index |
-20.35 | % | -31.82 | % | -11.00 | % | -7.11 | % | 0.12 | % |
* |
Returns of less than one year are cumulative. |
1 |
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, 2022 (unaudited)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
21.9% | |||
Consumer Discretionary |
17.2% | |||
Financials |
16.6% | |||
Communication Services |
9.6% | |||
Materials |
7.7% | |||
Consumer Staples |
7.5% | |||
Health Care |
6.5% | |||
Industrials |
6.4% | |||
Energy |
3.6% | |||
Utilities |
1.9% | |||
Real Estate |
1.3% | |||
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 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. |
5.6% | |||
Samsung Electronics Co. Ltd. |
4.1% | |||
Tencent Holdings Ltd. |
4.0% | |||
Alibaba Group Holding Ltd. |
2.8% | |||
Reliance Industries Ltd., GDR |
2.3% | |||
Meituan, Class B |
1.6% | |||
ICICI Bank Ltd., ADR |
1.4% | |||
Housing Development Finance Corp. Ltd. |
1.3% | |||
Infosys Ltd., ADR |
1.3% | |||
JD.com, Inc., Class A |
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, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 768.80 | 0.32 | % | $ | 1.42 | ||||||||
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 |
-23.12 | % | -32.10 | % | -1.63 | % | -1.55 | % | 1.99 | % | ||||||||||
Fund Market Price Returns |
-23.00 | % | -32.45 | % | -2.07 | % | -1.85 | % | 1.95 | % | ||||||||||
WisdomTree Emerging Markets ex-State-Owned Enterprises Index |
-23.20 | % | -31.72 | % | -0.99 | % | -1.04 | % | 2.89 | % | ||||||||||
MSCI Emerging Markets Index |
-21.70 | % | -28.11 | % | -2.07 | % | -1.81 | % | 1.26 | % |
* |
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, 2022 (unaudited)
WisdomTree Emerging Markets High Dividend Fund (DEM)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
24.9% | |||
Materials |
21.1% | |||
Energy |
13.2% | |||
Information Technology |
11.4% | |||
Consumer Staples |
6.9% | |||
Utilities |
5.4% | |||
Industrials |
5.0% | |||
Communication Services |
4.6% | |||
Real Estate |
4.4% | |||
Consumer Discretionary |
2.0% | |||
Health Care |
0.3% | |||
Other Assets less Liabilities‡ |
0.8% | |||
Total |
100.0% |
† |
The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
‡ |
Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
Description | % of Net Assets | |||
Vale SA |
9.6% | |||
Petroleo Brasileiro SA |
4.6% | |||
China Construction Bank Corp., Class H |
3.6% | |||
Hon Hai Precision Industry Co. Ltd. |
2.6% | |||
Industrial & Commercial Bank of China Ltd., Class H |
2.2% | |||
Bank of China Ltd., Class H |
2.1% | |||
Grupo Mexico SAB de CV, Series B |
1.6% | |||
China Shenhua Energy Co. Ltd., Class H |
1.5% | |||
Telkom Indonesia Persero Tbk PT |
1.5% | |||
ITC 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, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 797.90 | 0.63 | % | $ | 2.84 | ||||||||
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 |
-20.21 | % | -18.33 | % | -1.47 | % | 0.24 | % | -0.09 | % | ||||||||||
Fund Market Price Returns |
-20.59 | % | -18.33 | % | -1.64 | % | -0.04 | % | -0.15 | % | ||||||||||
WisdomTree Emerging Markets High Dividend Index |
-20.74 | % | -17.59 | % | -0.49 | % | 1.07 | % | 0.82 | % | ||||||||||
MSCI Emerging Markets Index |
-21.70 | % | -28.11 | % | -2.07 | % | -1.81 | % | 1.05 | % | ||||||||||
MSCI Emerging Markets Value Index |
-20.60 | % | -23.63 | % | -2.57 | % | -2.13 | % | -0.41 | % |
* |
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, 2022 (unaudited)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
16.9% | |||
Information Technology |
13.9% | |||
Consumer Staples |
11.6% | |||
Industrials |
10.6% | |||
Consumer Discretionary |
8.9% | |||
Communication Services |
8.8% | |||
Energy |
7.9% | |||
Materials |
7.7% | |||
Health Care |
6.9% | |||
Utilities |
5.6% | |||
Real Estate |
0.4% | |||
Other Assets less Liabilities‡ |
0.8% | |||
Total |
100.0% |
† |
The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
‡ |
Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
Description | % of Net Assets | |||
Taiwan Semiconductor Manufacturing Co. Ltd. |
2.7% | |||
Hengan International Group Co. Ltd. |
1.3% | |||
Tingyi Cayman Islands Holding Corp. |
1.2% | |||
Want Want China Holdings Ltd. |
1.1% | |||
Tencent Holdings Ltd. |
1.0% | |||
Daqo New Energy Corp., ADR |
1.0% | |||
Vipshop Holdings Ltd., ADR |
1.0% | |||
Kingboard Holdings Ltd. |
0.9% | |||
Mahindra & Mahindra Ltd. |
0.9% | |||
Bajaj Auto Ltd. |
0.8% |
* |
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 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, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 848.10 | 0.48 | % | $ | 2.22 | ||||||||
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 |
-15.19 | % | -20.27 | % | -0.82 | % | -2.87 | % | ||||||||
Fund Market Price Returns |
-14.94 | % | -20.32 | % | -0.93 | % | -2.94 | % | ||||||||
MSCI Emerging Markets Index |
-21.70 | % | -28.11 | % | -2.07 | % | -2.23 | % |
* |
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, 2022 (unaudited)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
24.1% | |||
Materials |
14.7% | |||
Consumer Staples |
13.0% | |||
Consumer Discretionary |
8.7% | |||
Communication Services |
7.7% | |||
Industrials |
7.3% | |||
Health Care |
7.0% | |||
Financials |
6.1% | |||
Energy |
5.7% | |||
Utilities |
4.3% | |||
Real Estate |
1.6% | |||
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 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. |
5.3% | |||
Tencent Holdings Ltd. |
4.2% | |||
Samsung Electronics Co. Ltd. |
3.2% | |||
Infosys Ltd. |
1.4% | |||
Vale SA |
1.1% | |||
Tata Consultancy Services Ltd. |
1.0% | |||
Cipla Ltd. |
1.0% | |||
JSW Steel Ltd. |
1.0% | |||
Grupo Bimbo SAB de CV, Series A |
0.9% | |||
Bajaj Finance Ltd. |
0.9% |
* |
The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree 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, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 758.00 | 0.32 | % | $ | 1.41 | ||||||||
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 |
-24.20 | % | -28.28 | % | -3.65 | % | -2.74 | % | -0.24 | % | ||||||||||
Fund Market Price Returns |
-23.41 | % | -28.30 | % | -3.53 | % | -2.86 | % | -0.46 | % | ||||||||||
MSCI Emerging Markets Index |
-21.70 | % | -28.11 | % | -2.07 | % | -1.81 | % | 1.46 | % |
* |
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, 2022 (unaudited)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
16.3% | |||
Financials |
15.1% | |||
Industrials |
13.8% | |||
Materials |
13.1% | |||
Consumer Discretionary |
10.0% | |||
Consumer Staples |
9.0% | |||
Real Estate |
7.7% | |||
Utilities |
6.4% | |||
Health Care |
2.9% | |||
Communication Services |
2.8% | |||
Energy |
2.0% | |||
Investment Company |
0.1% | |||
Other Assets less Liabilities‡ |
0.8% | |||
Total |
100.0% |
† |
The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
‡ |
Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
Description | % of Net Assets | |||
Transmissora Alianca de Energia Eletrica SA |
1.8% | |||
African Rainbow Minerals Ltd. |
1.0% | |||
Banco del Bajio SA |
0.9% | |||
Royal Bafokeng Platinum Ltd. |
0.9% | |||
Synnex Technology International Corp. |
0.9% | |||
Cyrela Brazil Realty SA Empreendimentos e Participacoes |
0.8% | |||
Chicony Electronics Co. Ltd. |
0.7% | |||
Truworths International Ltd. |
0.7% | |||
SPAR Group Ltd. |
0.7% | |||
AVI 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 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, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 782.90 | 0.58 | % | $ | 2.59 | ||||||||
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 |
-21.71 | % | -20.90 | % | 1.19 | % | 0.28 | % | 2.32 | % | ||||||||||
Fund Market Price Returns |
-21.93 | % | -21.12 | % | 1.01 | % | 0.11 | % | 2.30 | % | ||||||||||
WisdomTree Emerging Markets SmallCap Dividend Index |
-21.41 | % | -20.40 | % | 2.36 | % | 1.36 | % | 3.35 | % | ||||||||||
MSCI Emerging Markets Small Cap Index |
-20.80 | % | -23.23 | % | 5.54 | % | 1.25 | % | 2.91 | % | ||||||||||
MSCI Emerging Markets Index |
-21.70 | % | -28.11 | % | -2.07 | % | -1.81 | % | 1.05 | % |
* |
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, 2022 (unaudited)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
Sector Breakdown†
Sector | % of Net Assets | |||
Materials |
21.4% | |||
Consumer Discretionary |
19.1% | |||
Information Technology |
17.8% | |||
Health Care |
16.7% | |||
Industrials |
10.5% | |||
Consumer Staples |
3.7% | |||
Communication Services |
3.2% | |||
Financials |
3.0% | |||
Energy |
2.9% | |||
Utilities |
1.1% | |||
Real Estate |
0.1% | |||
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 | |||
Novo Nordisk A/S, Class B |
8.2% | |||
BHP Group Ltd. |
6.8% | |||
LVMH Moet Hennessy Louis Vuitton SE |
6.6% | |||
Anglo American PLC |
5.7% | |||
Roche Holding AG, Bearer Shares |
4.5% | |||
Industria de Diseno Textil SA |
3.6% | |||
Taiwan Semiconductor Manufacturing Co. Ltd. |
3.4% | |||
Vale SA |
3.3% | |||
Tokyo Electron Ltd. |
2.6% | |||
ASML Holding NV |
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 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, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 719.60 | 0.42 | % | $ | 1.81 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.96 | 0.42 | % | $ | 2.13 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
-28.04 | % | -28.60 | % | 1.29 | % | 2.25 | % | 3.72 | % | ||||||||||
Fund Market Price Returns |
-28.36 | % | -29.16 | % | 0.92 | % | 1.99 | % | 3.64 | % | ||||||||||
WisdomTree Global ex-U.S. Quality Dividend Growth Index |
-28.39 | % | -28.47 | % | 1.77 | % | 2.84 | % | 4.36 | % | ||||||||||
MSCI AC World ex-USA Growth Index |
-23.61 | % | -30.22 | % | -1.38 | % | 0.18 | % | 3.95 | % | ||||||||||
MSCI AC World ex-USA Index |
-22.27 | % | -25.17 | % | -1.52 | % | -0.81 | % | 3.01 | % |
* |
Returns of less than one year are cumulative. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
8 | WisdomTree Trust |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree Global High Dividend Fund (DEW)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
21.8% | |||
Consumer Staples |
13.6% | |||
Health Care |
13.0% | |||
Utilities |
11.3% | |||
Real Estate |
7.8% | |||
Energy |
7.6% | |||
Information Technology |
6.9% | |||
Communication Services |
6.1% | |||
Materials |
5.8% | |||
Industrials |
3.8% | |||
Consumer Discretionary |
1.3% | |||
Investment Company |
0.6% | |||
Other Assets less Liabilities‡ |
0.4% | |||
Total |
100.0% |
† |
The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
‡ |
Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
Description | % of Net Assets | |||
AbbVie, Inc. |
3.0% | |||
Coca-Cola Co. |
2.9% | |||
Philip Morris International, Inc. |
2.6% | |||
Pfizer, Inc. |
2.4% | |||
PepsiCo, Inc. |
2.3% | |||
Verizon Communications, Inc. |
2.0% | |||
Merck & Co., Inc. |
1.8% | |||
Cisco Systems, Inc. |
1.8% | |||
Altria Group, Inc. |
1.4% | |||
Broadcom, Inc. |
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 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, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 826.60 | 0.58 | % | $ | 2.66 | ||||||||
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 |
-17.34 | % | -9.18 | % | 0.29 | % | 1.34 | % | 3.90 | % | ||||||||||
Fund Market Price Returns |
-17.48 | % | -8.91 | % | 0.32 | % | 1.27 | % | 3.86 | % | ||||||||||
WisdomTree Global High Dividend Index |
-17.49 | % | -9.34 | % | 0.02 | % | 1.07 | % | 3.82 | % | ||||||||||
MSCI AC World Index |
-21.41 | % | -20.66 | % | 3.75 | % | 4.44 | % | 7.28 | % |
* |
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 | 9 |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree Growth Leaders Fund (PLAT)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
35.0% | |||
Consumer Discretionary |
23.4% | |||
Communication Services |
23.0% | |||
Financials |
8.0% | |||
Industrials |
7.1% | |||
Health Care |
1.7% | |||
Real Estate |
1.6% | |||
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 | |||
Apple, Inc. |
10.2% | |||
Microsoft Corp. |
9.4% | |||
Alphabet, Inc., Class A |
8.8% | |||
Amazon.com, Inc. |
8.2% | |||
Visa, Inc., Class A |
3.8% | |||
Meta Platforms, Inc., Class A |
3.6% | |||
MasterCard, Inc., Class A |
2.8% | |||
Salesforce, Inc. |
1.9% | |||
Snowflake, Inc., Class A |
1.9% | |||
PayPal Holdings, Inc. |
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 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, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 677.60 | 0.20 | % | $ | 0.84 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,024.07 | 0.20 | % | $ | 1.01 |
Performance
Average Annual Total Return | ||||||||||||||||
6-Month* | 1 Year | 3 Year | Since Inception1 | |||||||||||||
Fund NAV Returns |
-32.24 | % | -45.29 | % | 0.12 | % | 0.45 | % | ||||||||
Fund Market Price Returns |
-32.38 | % | -45.43 | % | 0.04 | % | 0.43 | % | ||||||||
WisdomTree Growth Leaders Index |
-32.20 | % | -45.27 | % | 0.42 | % | 0.75 | % | ||||||||
MSCI AC World Index |
-21.41 | % | -20.66 | % | 3.75 | % | 4.45 | % | ||||||||
S&P 500® Index |
-20.20 | % | -15.47 | % | 8.16 | % | 8.81 | % |
* |
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. |
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, 2022 (unaudited)
WisdomTree India Earnings Fund (EPI)
Sector Breakdown†
Sector | % of Net Assets | |||
Materials |
24.8% | |||
Energy |
17.1% | |||
Financials |
16.4% | |||
Information Technology |
12.6% | |||
Utilities |
7.3% | |||
Consumer Discretionary |
5.9% | |||
Industrials |
5.9% | |||
Consumer Staples |
4.5% | |||
Health Care |
4.3% | |||
Communication Services |
3.2% | |||
Real Estate |
0.5% | |||
Investment Company |
0.0% | * | ||
Other Assets less Liabilities‡ |
-2.5% | |||
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). |
* |
Represents less than 0.1%. |
Top Ten Holdings*
Description | % of Net Assets | |||
Reliance Industries Ltd. |
7.9% | |||
Tata Steel Ltd. |
6.4% | |||
Infosys Ltd. |
5.0% | |||
ICICI Bank Ltd. |
4.7% | |||
Oil & Natural Gas Corp. Ltd. |
3.3% | |||
Axis Bank Ltd. |
2.6% | |||
Tata Consultancy Services Ltd. |
2.5% | |||
Hindalco Industries Ltd. |
2.1% | |||
Power Grid Corp. of India Ltd. |
2.1% | |||
JSW Steel Ltd. |
2.0% |
* |
The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree 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, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 904.30 | 0.85 | % | $ | 4.06 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,020.81 | 0.85 | % | $ | 4.31 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
-9.57 | % | -11.80 | % | 12.39 | % | 6.63 | % | 6.70 | % | ||||||||||
Fund Market Price Returns |
-9.97 | % | -12.63 | % | 11.74 | % | 6.23 | % | 6.60 | % | ||||||||||
WisdomTree India Earnings Index |
-9.38 | % | -11.48 | % | 14.66 | % | 8.13 | % | 8.10 | % | ||||||||||
MSCI India Index |
-8.04 | % | -9.94 | % | 11.51 | % | 7.98 | % | 7.27 | % |
* |
Returns of less than one year are cumulative. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
WisdomTree Trust | 11 |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
27.7% | |||
Information Technology |
12.2% | |||
Materials |
11.5% | |||
Consumer Discretionary |
11.3% | |||
Energy |
10.3% | |||
Consumer Staples |
9.6% | |||
Health Care |
7.4% | |||
Utilities |
4.1% | |||
Communication Services |
4.1% | |||
Industrials |
3.3% | |||
Real Estate |
0.9% | |||
Other Assets less Liabilities‡ |
-2.4% | |||
Total |
100.0% |
† |
The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
‡ |
Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
Description | % of Net Assets | |||
Reliance Industries Ltd. |
10.3% | |||
Infosys Ltd. |
7.6% | |||
ICICI Bank Ltd. |
6.5% | |||
Housing Development Finance Corp. Ltd. |
6.1% | |||
Hindustan Unilever Ltd. |
3.6% | |||
Kotak Mahindra Bank Ltd. |
3.0% | |||
Bajaj Finance Ltd. |
2.8% | |||
Bharti Airtel Ltd. |
2.8% | |||
Axis Bank Ltd. |
2.4% | |||
Asian Paints Ltd. |
2.2% |
* |
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 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, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 924.10 | 0.58 | % | $ | 2.80 | ||||||||
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 | Since Inception1 | |||||||||||||
Fund NAV Returns |
-7.59 | % | -10.41 | % | 10.26 | % | 8.02 | % | ||||||||
Fund Market Price Returns |
-7.88 | % | -11.14 | % | 9.62 | % | 7.25 | % | ||||||||
WisdomTree India ex-State-Owned Enterprises Index |
-7.10 | % | -10.32 | % | 13.66 | % | 10.95 | % | ||||||||
MSCI India Index |
-8.04 | % | -9.94 | % | 11.51 | % | 8.27 | % |
* |
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.
12 | WisdomTree Trust |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree New Economy Real Estate Fund (WTRE)
(formerly, WisdomTree Global ex-U.S. Real Estate Fund (DRW))
Sector Breakdown†
Sector | % of Net Assets | |||
Real Estate |
82.7% | |||
Communication Services |
9.8% | |||
Consumer Discretionary |
3.4% | |||
Information Technology |
3.4% | |||
Financials |
0.2% | |||
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 | |||
China Tower Corp. Ltd., Class H |
6.6% | |||
SBA Communications Corp. |
5.8% | |||
Iron Mountain, Inc. |
5.3% | |||
Alexandria Real Estate Equities, Inc. |
4.4% | |||
Rexford Industrial Realty, Inc. |
4.2% | |||
Duke Realty Corp. |
4.0% | |||
Equinix, Inc. |
3.7% | |||
Crown Castle International Corp. |
3.6% | |||
American Tower Corp. |
3.5% | |||
Prologis, Inc. |
3.5% |
* |
The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree New Economy Real Estate Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the CenterSquare New Economy Real Estate Index (the “Index”).
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 678.90 | 0.58 | % | $ | 2.44 | ||||||||
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 |
-32.11 | % | -35.37 | % | -15.43 | % | -8.51 | % | -0.71 | % | ||||||||||
Fund Market Price Returns |
-31.70 | % | -35.66 | % | -15.50 | % | -8.68 | % | -0.73 | % | ||||||||||
WisdomTree Global ex-U.S. Real Estate/CenterSquare New Economy Real Estate Spliced Index1 |
-31.97 | % | -35.51 | % | -15.36 | % | -8.35 | % | -0.53 | % | ||||||||||
Dow Jones Global ex-U.S. Select Real Estate Securities/MSCI World Real Estate Investment Trust USD Spliced Benchmark Index |
-30.90 | % | -31.70 | % | -11.34 | % | -4.83 | % | -0.04 | % | ||||||||||
MSCI AC World ex-USA Index |
-22.27 | % | -25.17 | % | -1.52 | % | -0.81 | % | 3.01 | % |
* |
Returns of less than one year are cumulative. |
1 |
WisdomTree Global ex-U.S. Real Estate Index through April 20, 2022; CenterSquare New Economy 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 | 13 |
Description of Terms and Indexes (unaudited)
Below are descriptions of certain terms and of each Index referenced in this report:
The CenterSquare New Economy Real Estate Index is a weighted index that consists of global stocks of real estate companies that have material direct and/or indirect exposure to technology, sciences and/or ecommerce related business models and meet specific screening requirements that consider factors including growth, valuation and leverage criteria.
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 Emerging Markets Value Index captures large and mid cap securities exhibiting overall value style characteristics across 27 Emerging Markets countries.
The MSCI India Index is a free float-adjusted market capitalization index that is designed to measure the performance of the Indian equity market.
The MSCI World Real Estate Investment Trusts Index is a free float-adjusted market capitalization index that captures large and mid cap companies.
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.
14 | WisdomTree Trust |
Description of Terms and Indexes (unaudited) (continued)
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, 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, Inc., as index provider, defines state-owned enterprises as companies with over 20% government ownership.
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 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, 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
WisdomTree Trust | 15 |
Description of Terms and Indexes (unaudited) (concluded)
have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.
WisdomTree, Inc. and WisdomTree Asset Management, Inc. (together, “WisdomTree”) and the Funds make no representation or warranty, express or implied, to the owners of shares of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the underlying Indexes to track the performance of their underlying securities. WisdomTree is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree has no obligation to take the needs of the Funds or the owners of shares of the Funds into consideration in determining, composing, or calculating the underlying WisdomTree Indexes of the applicable Funds. WisdomTree is not responsible for, and has not participated in, the determination of the timing of, prices of, or quantities of shares of the Funds to be issued or in the determination or calculation of the equation by which the shares of the Funds are redeemable. WisdomTree and the Funds do not guarantee the accuracy, completeness, or performance of the underlying Indexes or the data included therein and shall have no liability in connection with the underlying Indexes or their calculation.
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: | ||||||||||
BRL | Brazilian real | HUF | Hungary forint | SEK | Swedish krona | |||||
CAD | Canadian dollar | IDR | Indonesian rupiah | SGD | Singapore dollar | |||||
CLP | Chilean peso | INR | Indian rupee | THB | Thai bhat | |||||
CNH | Offshore Chinese renminbi | JPY | Japanese yen | TRY | Turkish new lira | |||||
CNY | Chinese yuan | KRW | South Korean won | TWD | New Taiwan dollar | |||||
CZK | Czech koruna | MYR | Malaysian ringgit | USD | U.S. Dollar | |||||
GBP | British pound | PHP | Philippine peso | ZAR | South African rand | |||||
HKD | Hong Kong dollar | PLN | Polish zloty | |||||||
OTHER ABBREVIATIONS: | ||||||||||
ADR | American Depositary Receipt | |||||||||
CVA | Certificaten Van Aandelen | |||||||||
GDR | Global Depositary Receipt | |||||||||
NVDR | Non-Voting Depositary Receipt |
16 | WisdomTree Trust |
Schedule of Investments (unaudited)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.9% |
| |||||||
China – 99.9% |
| |||||||
Air Freight & Logistics – 1.1% |
| |||||||
SF Holding Co. Ltd., Class A |
692,361 | $ | 4,585,860 | |||||
ZTO Express Cayman, Inc.(a) |
149,282 | 3,580,912 | ||||||
|
|
|||||||
Total Air Freight & Logistics |
|
8,166,772 | ||||||
Auto Components – 0.5% |
| |||||||
Fuyao Glass Industry Group Co. Ltd., Class A |
415,567 | 2,087,409 | ||||||
Fuyao Glass Industry Group Co. Ltd., Class H(b) |
300,900 | 1,215,115 | ||||||
Minth Group Ltd. |
317,200 | 702,294 | ||||||
|
|
|||||||
Total Auto Components |
|
4,004,818 | ||||||
Automobiles – 5.9% |
| |||||||
BYD Co. Ltd., Class A |
240,688 | 8,508,137 | ||||||
BYD Co. Ltd., Class H |
398,400 | 9,866,235 | ||||||
Geely Automobile Holdings Ltd. |
2,327,900 | 3,208,688 | ||||||
Great Wall Motor Co. Ltd., Class A |
299,200 | 1,166,725 | ||||||
Great Wall Motor Co. Ltd., Class H |
1,423,400 | 1,635,571 | ||||||
Li Auto, Inc., ADR* |
249,992 | 5,752,316 | ||||||
NIO, Inc., ADR* |
676,725 | 10,671,953 | ||||||
Niu Technologies, ADR*(a) |
13,003 | 53,312 | ||||||
XPeng, Inc., Class A, ADR*(a) |
237,005 | 2,832,210 | ||||||
Yadea Group Holdings Ltd.(b) |
440,200 | 706,572 | ||||||
|
|
|||||||
Total Automobiles |
|
44,401,719 | ||||||
Banks – 1.2% |
| |||||||
China Minsheng Banking Corp. Ltd., Class A |
8,094,236 | 3,848,911 | ||||||
China Minsheng Banking Corp. Ltd., Class H(a) |
3,014,900 | 864,154 | ||||||
Ping An Bank Co. Ltd., Class A |
2,406,900 | 3,997,348 | ||||||
|
|
|||||||
Total Banks |
|
8,710,413 | ||||||
Beverages – 0.8% |
| |||||||
JiuGui Liquor Co. Ltd., Class A |
69,500 | 1,224,925 | ||||||
Nongfu Spring Co. Ltd., Class H(a)(b) |
887,300 | 5,148,666 | ||||||
|
|
|||||||
Total Beverages |
|
6,373,591 | ||||||
Biotechnology – 2.1% |
| |||||||
Akeso, Inc.*(a)(b) |
208,600 | 576,647 | ||||||
BeiGene Ltd.* |
416,700 | 4,302,416 | ||||||
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A |
56,885 | 912,822 | ||||||
Chongqing Zhifei Biological Products Co. Ltd., Class A |
250,500 | 3,036,928 | ||||||
I-Mab, ADR*(a) |
18,270 | 73,263 | ||||||
InnoCare Pharma Ltd.*(a)(b) |
317,300 | 321,750 | ||||||
Innovent Biologics, Inc.*(b) |
535,200 | 1,666,982 | ||||||
Remegen Co. Ltd., Class H*(a)(b) |
65,000 | 315,068 | ||||||
Shenzhen Kangtai Biological Products Co. Ltd., Class A |
178,920 | 760,689 | ||||||
Walvax Biotechnology Co. Ltd., Class A |
544,900 | 2,835,652 | ||||||
Zai Lab Ltd.*(a) |
389,430 | 1,359,301 | ||||||
|
|
|||||||
Total Biotechnology |
|
16,161,518 | ||||||
Building Products – 0.3% |
| |||||||
China Lesso Group Holdings Ltd. |
494,300 | 460,303 | ||||||
Xinyi Glass Holdings Ltd. |
1,377,000 | 2,003,254 | ||||||
|
|
|||||||
Total Building Products |
|
2,463,557 | ||||||
Capital Markets – 1.3% |
| |||||||
East Money Information Co. Ltd., Class A |
3,336,136 | 8,245,403 | ||||||
Futu Holdings Ltd., ADR*(a) |
34,057 | 1,269,986 | ||||||
|
|
|||||||
Total Capital Markets |
|
9,515,389 | ||||||
Chemicals – 2.2% |
| |||||||
Dongyue Group Ltd. |
934,900 | 932,530 | ||||||
Guangzhou Tinci Materials Technology Co. Ltd., Class A |
441,700 | 2,729,821 | ||||||
Hengli Petrochemical Co. Ltd., Class A |
586,700 | 1,392,447 | ||||||
Jiangsu Eastern Shenghong Co. Ltd., Class A |
556,700 | 1,360,291 | ||||||
LB Group Co. Ltd., Class A |
391,500 | 864,917 | ||||||
Rongsheng Petrochemical Co. Ltd., Class A |
972,200 | 1,885,993 | ||||||
Shanghai Putailai New Energy Technology Co. Ltd., Class A |
197,600 | 1,546,619 | ||||||
Shenzhen Capchem Technology Co. Ltd., Class A |
167,460 | 983,739 | ||||||
Sichuan Yahua Industrial Group Co. Ltd., Class A |
355,500 | 1,267,586 | ||||||
Suzhou TA&A Ultra Clean Technology Co. Ltd., Class A |
120,300 | 1,118,265 | ||||||
Tongkun Group Co. Ltd., Class A |
548,800 | 1,039,226 | ||||||
Zhejiang Longsheng Group Co. Ltd., Class A |
714,700 | 903,256 | ||||||
Zhejiang Yongtai Technology Co. Ltd., Class A |
204,900 | 659,897 | ||||||
|
|
|||||||
Total Chemicals |
|
16,684,587 | ||||||
Commercial Services & Supplies – 0.0% |
| |||||||
China Conch Environment Protection Holdings Ltd.* |
664,663 | 340,380 | ||||||
Communications Equipment – 0.1% |
| |||||||
BYD Electronic International Co. Ltd.(a) |
369,700 | 892,943 | ||||||
Construction & Engineering – 0.2% |
| |||||||
China Conch Venture Holdings Ltd. |
723,163 | 1,153,391 | ||||||
Construction Materials – 0.4% |
| |||||||
Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A |
438,300 | 1,621,227 | ||||||
China Jushi Co. Ltd., Class A |
715,000 | 1,321,855 | ||||||
|
|
|||||||
Total Construction Materials |
|
2,943,082 | ||||||
Consumer Finance – 0.2% |
| |||||||
360 DigiTech, Inc., ADR |
59,768 | 766,226 | ||||||
Lufax Holding Ltd., ADR |
313,596 | 796,534 | ||||||
|
|
|||||||
Total Consumer Finance |
|
1,562,760 | ||||||
Diversified Consumer Services – 0.4% |
| |||||||
Fu Shou Yuan International Group Ltd. |
790,700 | 436,150 | ||||||
New Oriental Education & Technology Group, Inc.*(a) |
589,063 | 1,493,312 | ||||||
TAL Education Group, ADR* |
201,951 | 997,638 | ||||||
|
|
|||||||
Total Diversified Consumer Services |
|
2,927,100 | ||||||
Electrical Equipment – 5.0% |
| |||||||
Contemporary Amperex Technology Co. Ltd., Class A |
394,959 | 22,209,536 | ||||||
Gotion High-tech Co. Ltd., Class A |
310,900 | 1,331,404 | ||||||
Ming Yang Smart Energy Group Ltd., Class A |
543,800 | 1,840,597 | ||||||
Sungrow Power Supply Co. Ltd., Class A |
318,300 | 4,938,926 | ||||||
TBEA Co. Ltd., Class A |
1,082,800 | 3,291,315 |
See Notes to Financial Statements.
WisdomTree Trust | 17 |
Schedule of Investments (unaudited) (continued)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2022
Investments | Shares | Value | ||||||
Xinjiang Goldwind Science & Technology Co. Ltd., Class A |
892,115 | $ | 1,419,045 | |||||
Xinjiang Goldwind Science & Technology Co. Ltd., Class H |
411,000 | 476,975 | ||||||
Zhejiang Chint Electrics Co. Ltd., Class A |
380,400 | 1,428,938 | ||||||
Zhuzhou CRRC Times Electric Co. Ltd. |
284,100 | 1,194,321 | ||||||
|
|
|||||||
Total Electrical Equipment |
|
38,131,057 | ||||||
Electronic Equipment, Instruments & Components – 3.4% |
| |||||||
AAC Technologies Holdings, Inc.*(a) |
400,700 | 626,836 | ||||||
BOE Technology Group Co. Ltd., Class A |
9,825,000 | 4,506,533 | ||||||
Chaozhou Three-Circle Group Co. Ltd., Class A |
381,700 | 1,394,201 | ||||||
Foxconn Industrial Internet Co. Ltd., Class A |
1,421,300 | 1,698,586 | ||||||
GoerTek, Inc., Class A |
767,100 | 2,851,413 | ||||||
Hollysys Automation Technologies Ltd. |
27,670 | 473,157 | ||||||
Kingboard Holdings Ltd. |
309,300 | 874,719 | ||||||
Lens Technology Co. Ltd., Class A |
580,500 | 751,564 | ||||||
Luxshare Precision Industry Co. Ltd., Class A |
1,290,476 | 5,321,812 | ||||||
Maxscend Microelectronics Co. Ltd., Class A |
122,700 | 1,521,627 | ||||||
Sunny Optical Technology Group Co. Ltd. |
362,800 | 3,473,219 | ||||||
Wingtech Technology Co. Ltd., Class A |
209,200 | 1,398,843 | ||||||
Zhejiang Dahua Technology Co. Ltd., Class A |
530,700 | 956,565 | ||||||
|
|
|||||||
Total Electronic Equipment, Instruments & Components |
|
25,849,075 | ||||||
Energy Equipment & Services – 0.0% |
| |||||||
China Common Rich Renewable Energy Investments Ltd.*†(a) |
502,000 | 0 | ||||||
Entertainment – 2.3% |
| |||||||
Alibaba Pictures Group Ltd.* |
5,688,300 | 293,477 | ||||||
Bilibili, Inc., Class Z* |
99,685 | 1,518,787 | ||||||
iQIYI, Inc., ADR*(a) |
140,368 | 380,397 | ||||||
Kingsoft Corp. Ltd. |
451,400 | 1,201,832 | ||||||
NetEase, Inc. |
777,115 | 11,731,121 | ||||||
Tencent Music Entertainment Group, ADR* |
277,661 | 1,127,304 | ||||||
XD, Inc.*(a) |
105,700 | 215,442 | ||||||
Zhejiang Century Huatong Group Co. Ltd., Class A* |
1,632,900 | 854,340 | ||||||
|
|
|||||||
Total Entertainment |
|
17,322,700 | ||||||
Food Products – 4.9% |
| |||||||
China Feihe Ltd.(b) |
1,506,100 | 1,055,243 | ||||||
Dali Foods Group Co. Ltd.(b) |
1,057,700 | 455,423 | ||||||
Foshan Haitian Flavouring & Food Co. Ltd., Class A |
435,956 | 5,064,541 | ||||||
Guangdong Haid Group Co. Ltd., Class A |
232,503 | 1,965,912 | ||||||
Inner Mongolia Yili Industrial Group Co. Ltd., Class A |
1,628,600 | 7,534,030 | ||||||
Muyuan Foods Co. Ltd., Class A |
702,674 | 5,373,682 | ||||||
Tingyi Cayman Islands Holding Corp. |
901,000 | 1,554,101 | ||||||
Tongwei Co. Ltd., Class A |
742,158 | 4,888,625 | ||||||
Uni-President China Holdings Ltd. |
600,000 | 503,701 | ||||||
Want Want China Holdings Ltd. |
2,436,100 | 1,592,019 | ||||||
Wens Foodstuffs Group Co. Ltd., Class A* |
1,554,500 | 4,472,173 | ||||||
WH Group Ltd.(b) |
4,076,183 | 2,570,365 | ||||||
Yihai International Holding Ltd.* |
182,300 | 385,506 | ||||||
|
|
|||||||
Total Food Products |
|
37,415,321 | ||||||
Gas Utilities – 0.7% |
| |||||||
ENN Energy Holdings Ltd. |
401,200 | 5,366,438 | ||||||
Health Care Equipment & Supplies – 1.7% |
| |||||||
Lepu Medical Technology Beijing Co. Ltd., Class A |
362,100 | 1,073,224 | ||||||
Lifetech Scientific Corp.* |
1,492,100 | 496,106 | ||||||
Microport Scientific Corp.*(a) |
371,900 | 640,529 | ||||||
Ovctek China, Inc., Class A |
132,500 | 767,588 | ||||||
Peijia Medical Ltd.*(b) |
149,700 | 117,854 | ||||||
Shandong Weigao Group Medical Polymer Co. Ltd., Class H |
1,180,000 | 1,587,383 | ||||||
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A |
185,074 | 7,762,093 | ||||||
Venus MedTech Hangzhou, Inc., Class H*(a)(b) |
97,400 | 113,904 | ||||||
|
|
|||||||
Total Health Care Equipment & Supplies |
|
12,558,681 | ||||||
Health Care Providers & Services – 0.9% |
| |||||||
Aier Eye Hospital Group Co. Ltd., Class A |
936,592 | 3,766,521 | ||||||
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A |
96,403 | 857,048 | ||||||
Hygeia Healthcare Holdings Co. Ltd.*(a)(b) |
139,100 | 785,881 | ||||||
Jinxin Fertility Group Ltd.(b) |
645,600 | 316,636 | ||||||
Topchoice Medical Corp., Class A* |
64,800 | 1,163,448 | ||||||
|
|
|||||||
Total Health Care Providers & Services |
|
6,889,534 | ||||||
Health Care Technology – 0.0% |
| |||||||
Yidu Tech, Inc.*(a)(b) |
216,300 | 132,813 | ||||||
Hotels, Restaurants & Leisure – 2.7% |
| |||||||
H World Group Ltd. |
627,870 | 2,187,575 | ||||||
Haidilao International Holding Ltd.*(a)(b) |
581,000 | 1,139,811 | ||||||
Jiumaojiu International Holdings Ltd.(a)(b) |
350,700 | 575,423 | ||||||
Tongcheng Travel Holdings Ltd.* |
498,000 | 976,981 | ||||||
Trip.com Group Ltd.* |
232,377 | 6,240,216 | ||||||
Yum China Holdings, Inc. |
204,256 | 9,667,436 | ||||||
|
|
|||||||
Total Hotels, Restaurants & Leisure |
|
20,787,442 | ||||||
Household Durables – 2.0% |
| |||||||
Gree Electric Appliances, Inc. of Zhuhai, Class A |
1,296,800 | 5,899,052 | ||||||
Haier Smart Home Co. Ltd., Class A |
1,185,800 | 4,120,023 | ||||||
Haier Smart Home Co. Ltd., Class H |
1,143,100 | 3,502,153 | ||||||
TCL Technology Group Corp., Class A |
3,553,800 | 1,809,514 | ||||||
|
|
|||||||
Total Household Durables |
|
15,330,742 | ||||||
Household Products – 0.1% |
| |||||||
Blue Moon Group Holdings Ltd.(a)(b) |
617,300 | 435,654 | ||||||
Independent Power & Renewable Electricity Producers – 0.0% |
| |||||||
Xinyi Energy Holdings Ltd.(a) |
906,000 | 279,305 | ||||||
Industrial Conglomerates – 0.2% |
| |||||||
China Baoan Group Co. Ltd., Class A |
632,700 | 995,756 | ||||||
Fosun International Ltd. |
1,107,700 | 687,206 | ||||||
|
|
|||||||
Total Industrial Conglomerates |
|
1,682,962 | ||||||
Insurance – 4.0% |
| |||||||
Ping An Insurance Group Co. of China Ltd., Class A |
2,626,194 | 15,316,994 |
See Notes to Financial Statements.
18 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2022
Investments | Shares | Value | ||||||
Ping An Insurance Group Co. of China Ltd., Class H |
2,783,900 | $ | 13,901,945 | |||||
ZhongAn Online P&C Insurance Co. Ltd., Class H*(a)(b) |
302,200 | 677,553 | ||||||
|
|
|||||||
Total Insurance |
|
29,896,492 | ||||||
Interactive Media & Services – 13.6% |
| |||||||
Autohome, Inc., Class A(a) |
100,340 | 722,202 | ||||||
Baidu, Inc., Class A* |
1,034,780 | 15,040,752 | ||||||
Hello Group, Inc., ADR |
54,796 | 253,157 | ||||||
JOYY, Inc., ADR |
22,607 | 587,782 | ||||||
Kuaishou Technology*(b) |
931,000 | 6,042,682 | ||||||
Tencent Holdings Ltd. |
2,352,000 | 79,819,208 | ||||||
Weibo Corp., ADR* |
34,095 | 583,024 | ||||||
|
|
|||||||
Total Interactive Media & Services |
|
103,048,807 | ||||||
Internet & Direct Marketing Retail – 20.0% |
| |||||||
Alibaba Group Holding Ltd.* |
6,701,200 | 66,543,337 | ||||||
Dada Nexus Ltd., ADR* |
35,864 | 169,637 | ||||||
JD Health International, Inc.*(b) |
510,850 | 2,934,984 | ||||||
JD.com, Inc., Class A |
1,030,652 | 26,075,171 | ||||||
Meituan, Class B*(b) |
1,794,300 | 37,852,212 | ||||||
Pinduoduo, Inc., ADR* |
253,117 | 15,840,062 | ||||||
Ping An Healthcare and Technology Co. Ltd.*(a)(b) |
207,200 | 390,650 | ||||||
Vipshop Holdings Ltd., ADR* |
176,294 | 1,482,633 | ||||||
|
|
|||||||
Total Internet & Direct Marketing Retail |
|
151,288,686 | ||||||
IT Services – 0.4% |
| |||||||
Chinasoft International Ltd.* |
1,375,200 | 846,153 | ||||||
Chindata Group Holdings Ltd., ADR*(a) |
56,813 | 459,049 | ||||||
GDS Holdings Ltd., Class A* |
435,800 | 954,886 | ||||||
Kingsoft Cloud Holdings Ltd., ADR*(a) |
52,935 | 105,341 | ||||||
Vnet Group, Inc., ADR*(a) |
61,550 | 338,525 | ||||||
|
|
|||||||
Total IT Services |
|
2,703,954 | ||||||
Life Sciences Tools & Services – 3.5% |
| |||||||
Genscript Biotech Corp.* |
514,400 | 1,124,486 | ||||||
Hangzhou Tigermed Consulting Co. Ltd., Class A |
162,767 | 2,081,748 | ||||||
Hangzhou Tigermed Consulting Co. Ltd., Class H(b) |
62,900 | 510,017 | ||||||
Pharmaron Beijing Co. Ltd., Class A |
213,650 | 1,619,798 | ||||||
Pharmaron Beijing Co. Ltd., Class H(b) |
114,450 | 556,220 | ||||||
WuXi AppTec Co. Ltd., Class A |
676,447 | 6,802,282 | ||||||
WuXi AppTec Co. Ltd., Class H(b) |
204,395 | 1,652,105 | ||||||
Wuxi Biologics Cayman, Inc.*(b) |
2,007,400 | 12,121,270 | ||||||
|
|
|||||||
Total Life Sciences Tools & Services |
|
26,467,926 | ||||||
Machinery – 1.9% |
| |||||||
Haitian International Holdings Ltd. |
318,400 | 605,171 | ||||||
Jiangsu Hengli Hydraulic Co. Ltd., Class A |
120,300 | 764,072 | ||||||
Sany Heavy Equipment International Holdings Co. Ltd. |
489,600 | 477,756 | ||||||
Sany Heavy Industry Co. Ltd., Class A |
1,838,048 | 3,578,562 | ||||||
Shenzhen Inovance Technology Co. Ltd., Class A |
587,400 | 4,738,485 | ||||||
Wuxi Lead Intelligent Equipment Co. Ltd., Class A |
316,200 | 2,098,346 | ||||||
Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A |
505,800 | 1,745,324 | ||||||
|
|
|||||||
Total Machinery |
|
14,007,716 | ||||||
Marine – 0.2% |
| |||||||
SITC International Holdings Co. Ltd. |
725,000 | 1,341,036 | ||||||
Media – 0.4% |
| |||||||
China Literature Ltd.*(a)(b) |
194,000 | 549,880 | ||||||
Focus Media Information Technology Co. Ltd., Class A |
2,957,124 | 2,289,659 | ||||||
|
|
|||||||
Total Media |
|
2,839,539 | ||||||
Metals & Mining – 1.4% |
| |||||||
China Hongqiao Group Ltd. |
998,600 | 826,877 | ||||||
Ganfeng Lithium Co. Ltd., Class A |
350,020 | 3,674,421 | ||||||
Ganfeng Lithium Co. Ltd., Class H(a)(b) |
207,940 | 1,384,077 | ||||||
GEM Co. Ltd., Class A |
1,401,000 | 1,450,296 | ||||||
Zhejiang Huayou Cobalt Co. Ltd., Class A |
370,750 | 3,345,988 | ||||||
|
|
|||||||
Total Metals & Mining |
|
10,681,659 | ||||||
Oil, Gas & Consumable Fuels – 0.4% |
| |||||||
Guanghui Energy Co. Ltd., Class A |
1,453,300 | 2,503,317 | ||||||
United Energy Group Ltd.(a) |
4,529,000 | 519,255 | ||||||
|
|
|||||||
Total Oil, Gas & Consumable Fuels |
|
3,022,572 | ||||||
Paper & Forest Products – 0.3% |
| |||||||
Chengxin Lithium Group Co. Ltd., Class A |
195,600 | 1,282,938 | ||||||
Lee & Man Paper Manufacturing Ltd.(a) |
1,205,300 | 386,929 | ||||||
Nine Dragons Paper Holdings Ltd. |
950,100 | 590,643 | ||||||
|
|
|||||||
Total Paper & Forest Products |
|
2,260,510 | ||||||
Personal Products – 0.2% |
| |||||||
Hengan International Group Co. Ltd. |
296,400 | 1,325,321 | ||||||
Pharmaceuticals – 1.9% |
| |||||||
Asymchem Laboratories Tianjin Co. Ltd., Class A |
72,447 | 1,409,481 | ||||||
CanSino Biologics, Inc., Class H(a)(b) |
54,200 | 307,598 | ||||||
China Medical System Holdings Ltd. |
589,000 | 703,057 | ||||||
Hansoh Pharmaceutical Group Co. Ltd.(b) |
496,100 | 784,922 | ||||||
Jiangsu Hengrui Medicine Co. Ltd., Class A |
1,107,168 | 5,451,084 | ||||||
Kangmei Pharmaceutical Co. Ltd., Class A* |
199,602 | 50,676 | ||||||
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A |
344,304 | 1,427,607 | ||||||
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H(a) |
249,400 | 604,922 | ||||||
Sino Biopharmaceutical Ltd. |
5,225,150 | 2,456,185 | ||||||
Zhejiang NHU Co. Ltd., Class A |
494,860 | 1,540,288 | ||||||
|
|
|||||||
Total Pharmaceuticals |
|
14,735,820 | ||||||
Real Estate Management & Development – 2.0% |
| |||||||
A-Living Smart City Services Co. Ltd.(b) |
261,000 | 206,808 | ||||||
Agile Group Holdings Ltd.*(a) |
781,800 | 183,252 | ||||||
CIFI Ever Sunshine Services Group Ltd.(a) |
386,000 | 143,584 | ||||||
CIFI Holdings Group Co. Ltd.(a) |
2,320,040 | 236,440 | ||||||
Country Garden Holdings Co. Ltd.(a) |
3,931,936 | 911,620 | ||||||
Country Garden Services Holdings Co. Ltd. |
914,300 | 1,346,426 | ||||||
Evergrande Property Services Group Ltd.*†(a)(b) |
1,795,500 | 410,969 | ||||||
Gemdale Corp., Class A |
1,233,500 | 1,988,023 | ||||||
Greentown Service Group Co. Ltd. |
671,800 | 449,299 | ||||||
Guangzhou R&F Properties Co. Ltd., Class H*(a) |
1,014,300 | 171,852 | ||||||
Jinke Smart Services Group Co. Ltd., Class H(a) |
547,400 | 829,827 |
See Notes to Financial Statements.
WisdomTree Trust | 19 |
Schedule of Investments (unaudited) (continued)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2022
Investments | Shares | Value | ||||||
KE Holdings, Inc., ADR* |
288,982 | $ | 5,062,964 | |||||
KWG Group Holdings Ltd.* |
582,900 | 72,028 | ||||||
Longfor Group Holdings Ltd.(b) |
835,700 | 2,400,672 | ||||||
Powerlong Real Estate Holdings Ltd.(a) |
724,300 | 73,815 | ||||||
Seazen Group Ltd.* |
769,000 | 180,252 | ||||||
Shimao Group Holdings Ltd.*†(a) |
561,400 | 160,913 | ||||||
Shimao Services Holdings Ltd.*(a)(b) |
414,400 | 88,160 | ||||||
Sunac China Holdings Ltd.*†(a) |
1,592,600 | 405,763 | ||||||
Sunac Services Holdings Ltd.(a)(b) |
415,719 | 104,328 | ||||||
Zhenro Properties Group Ltd.*(a) |
1,034,800 | 32,956 | ||||||
|
|
|||||||
Total Real Estate Management & Development |
|
15,459,951 | ||||||
Semiconductors & Semiconductor Equipment – 4.2% |
| |||||||
Daqo New Energy Corp., ADR* |
23,927 | 1,270,045 | ||||||
Flat Glass Group Co. Ltd., Class H*(a) |
203,700 | 495,633 | ||||||
GigaDevice Semiconductor, Inc., Class A |
192,926 | 2,537,022 | ||||||
Hangzhou First Applied Material Co. Ltd., Class A |
160,180 | 1,195,315 | ||||||
Hangzhou Silan Microelectronics Co. Ltd., Class A |
269,300 | 1,210,673 | ||||||
JA Solar Technology Co. Ltd., Class A |
287,700 | 2,584,363 | ||||||
JCET Group Co. Ltd., Class A |
403,300 | 1,212,307 | ||||||
JinkoSolar Holding Co. Ltd., ADR*(a) |
15,995 | 885,963 | ||||||
LONGi Green Energy Technology Co. Ltd., Class A |
1,780,268 | 11,963,928 | ||||||
SG Micro Corp., Class A |
75,650 | 1,495,035 | ||||||
Will Semiconductor Co. Ltd., Class A |
232,166 | 2,609,492 | ||||||
Xinyi Solar Holdings Ltd. |
2,326,765 | 2,463,142 | ||||||
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A |
193,600 | 1,836,296 | ||||||
|
|
|||||||
Total Semiconductors & Semiconductor Equipment |
|
31,759,214 | ||||||
Software – 1.7% |
| |||||||
360 Security Technology, Inc., Class A |
920,000 | 838,810 | ||||||
Agora, Inc., ADR* |
38,248 | 138,840 | ||||||
Beijing Kingsoft Office Software, Inc., Class A |
62,432 | 1,761,178 | ||||||
Glodon Co. Ltd., Class A |
273,475 | 1,750,372 | ||||||
Hundsun Technologies, Inc., Class A |
461,310 | 2,192,940 | ||||||
Kingdee International Software Group Co. Ltd.* |
1,353,700 | 1,772,766 | ||||||
Ming Yuan Cloud Group Holdings Ltd.(a) |
411,400 | 243,699 | ||||||
Sangfor Technologies, Inc., Class A |
67,700 | 949,622 | ||||||
Thunder Software Technology Co. Ltd., Class A |
92,300 | 1,366,928 | ||||||
Weimob, Inc.*(a)(b) |
955,000 | 338,208 | ||||||
Yonyou Network Technology Co. Ltd., Class A |
634,913 | 1,567,433 | ||||||
|
|
|||||||
Total Software |
|
12,920,796 | ||||||
Specialty Retail – 0.5% |
| |||||||
China Meidong Auto Holdings Ltd. |
260,912 | 412,811 | ||||||
China Yongda Automobiles Services Holdings Ltd. |
645,900 | 346,404 | ||||||
GOME Retail Holdings Ltd.*(a) |
7,257,800 | 135,912 | ||||||
Pop Mart International Group Ltd.(a)(b) |
370,500 | 681,540 | ||||||
Topsports International Holdings Ltd.(b) |
1,507,200 | 1,061,774 | ||||||
Zhongsheng Group Holdings Ltd. |
291,100 | 1,162,561 | ||||||
|
|
|||||||
Total Specialty Retail |
|
3,801,002 | ||||||
Technology Hardware, Storage & Peripherals – 0.1% |
| |||||||
Shenzhen Transsion Holdings Co. Ltd., Class A |
78,443 | 639,942 | ||||||
Textiles, Apparel & Luxury Goods – 2.6% |
| |||||||
ANTA Sports Products Ltd. |
622,100 | 6,593,552 | ||||||
Li Ning Co. Ltd. |
1,239,500 | 9,489,796 | ||||||
Shenzhou International Group Holdings Ltd. |
398,100 | 3,111,305 | ||||||
Xtep International Holdings Ltd.(a) |
766,200 | 815,013 | ||||||
|
|
|||||||
Total Textiles, Apparel & Luxury Goods |
|
20,009,666 | ||||||
TOTAL COMMON STOCKS (Cost: $1,217,530,781) |
|
756,694,353 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.2% |
| |||||||
United States – 1.2% |
| |||||||
State
Street Navigator Securities Lending Government Money Market Portfolio,
3.07%(c)
|
||||||||
(Cost: $9,176,539) | 9,176,539 | 9,176,539 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 101.1% (Cost: $1,226,707,320) |
|
765,870,892 | ||||||
Other Assets less Liabilities – (1.1)% |
|
(8,478,866 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 757,392,026 |
* |
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 $977,645, which represents 0.13% of net assets. |
(a) |
Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $25,800,703 and the total market value of the collateral held by the Fund was $28,606,708. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $19,430,169. |
(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, 2022. |
FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER) | ||||||||||||||||||||||||||||
Counterparty | Settlement Date |
Amount and Description of Currency to be Purchased |
Amount and |
Unrealized Appreciation |
Unrealized Depreciation |
|||||||||||||||||||||||
Citibank NA |
10/5/2022 | 139,979 | USD | 1,098,810 | HKD | $ | 1 | $ | — | |||||||||||||||||||
Citibank NA |
10/11/2022 | 594,364 | USD | 4,237,352 | CNH | — | (6 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA |
10/3/2022 | 95,538 | USD | 750,000 | HKD | — | (4 | ) | ||||||||||||||||||||
$ | 1 | $ | (10 | ) |
See Notes to Financial Statements.
20 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2022
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 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 | |||||||
Real Estate Management & Development |
14,482,306 | — | 977,645 | * | 15,459,951 | |||||||||||
Other |
741,234,402 | — | — | 741,234,402 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 9,176,539 | — | 9,176,539 | ||||||||||||
Total Investments in Securities |
$ | 755,716,708 | $ | 9,176,539 | $ | 977,645 | $ | 765,870,892 | ||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | 1 | $ | — | $ | 1 | ||||||||
Liabilities: |
||||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (10 | ) | $ | — | $ | (10 | ) | ||||||
Total – Net |
$ | 755,716,708 | $ | 9,176,530 | $ | 977,645 | $ | 765,870,883 |
* |
Securities are 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 | 21 |
Schedule of Investments (unaudited)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 100.2% | ||||||||
Brazil – 4.5% | ||||||||
Ambev SA |
3,160,219 | $ | 9,079,528 | |||||
Americanas SA |
375,689 | 1,179,400 | ||||||
Atacadao SA |
426,970 | 1,525,894 | ||||||
B3 SA – Brasil Bolsa Balcao |
4,889,257 | 11,796,372 | ||||||
BR Malls Participacoes SA |
1,392,244 | 2,427,293 | ||||||
BRF SA* |
556,816 | 1,325,936 | ||||||
CCR SA |
857,993 | 1,987,604 | ||||||
Cia Siderurgica Nacional SA |
630,232 | 1,482,117 | ||||||
Cosan SA |
835,694 | 2,685,296 | ||||||
Embraer SA* |
427,920 | 921,687 | ||||||
Energisa SA |
91,862 | 711,445 | ||||||
Equatorial Energia SA |
406,414 | 2,021,231 | ||||||
Grupo De Moda Soma SA |
349,890 | 861,650 | ||||||
Hapvida Participacoes e Investimentos SA(a) |
2,740,456 | 3,835,428 | ||||||
Hypera SA |
242,294 | 1,982,216 | ||||||
Localiza Rent a Car SA |
629,462 | 7,109,429 | ||||||
Locaweb Servicos de Internet SA*(a) |
374,455 | 623,071 | ||||||
Lojas Renner SA |
752,152 | 3,872,807 | ||||||
Magazine Luiza SA* |
1,604,686 | 1,329,117 | ||||||
Marfrig Global Foods SA |
183,443 | 334,744 | ||||||
Natura & Co. Holding SA |
651,034 | 1,772,970 | ||||||
Pet Center Comercio e Participacoes SA |
327,804 | 616,354 | ||||||
Petro Rio SA* |
399,579 | 2,033,780 | ||||||
Raia Drogasil SA |
1,031,018 | 4,332,721 | ||||||
Rede D’Or Sao Luiz SA(a) |
489,975 | 2,692,265 | ||||||
Rumo SA |
896,099 | 3,061,632 | ||||||
Sendas Distribuidora SA |
663,943 | 2,154,284 | ||||||
Sul America SA |
264,076 | 1,077,034 | ||||||
Suzano SA |
498,612 | 4,102,209 | ||||||
TOTVS SA |
430,304 | 2,334,955 | ||||||
Transmissora Alianca de Energia Eletrica SA |
132,989 | 957,675 | ||||||
Ultrapar Participacoes SA |
921,774 | 1,999,022 | ||||||
Via SA* |
864,005 | 509,568 | ||||||
Vibra Energia SA |
761,834 | 2,429,655 | ||||||
WEG SA |
1,184,464 | 7,038,219 | ||||||
YDUQS Participacoes SA |
285,465 | 762,633 | ||||||
|
|
|||||||
Total Brazil |
|
94,967,241 | ||||||
Chile – 0.4% | ||||||||
Banco de Chile |
36,771,242 | 3,269,331 | ||||||
Banco Santander Chile |
52,803,109 | 1,864,220 | ||||||
Empresas CMPC SA |
430,740 | 662,386 | ||||||
Enel Americas SA |
7,867,668 | 837,742 | ||||||
Enel Chile SA |
40,808,638 | 1,192,392 | ||||||
Falabella SA |
341,086 | 687,203 | ||||||
|
|
|||||||
Total Chile |
|
8,513,274 | ||||||
China – 28.6% | ||||||||
360 DigiTech, Inc., ADR |
47,475 | 608,629 | ||||||
A-Living Smart City Services Co. Ltd.(a) |
210,000 | 166,397 | ||||||
AAC Technologies Holdings, Inc.*(b) |
305,000 | 477,127 | ||||||
Agora, Inc., ADR* |
1,473 | 5,347 | ||||||
Aier Eye Hospital Group Co. Ltd., Class A |
480,747 | 1,933,332 | ||||||
Airtac International Group(b) |
76,390 | 1,761,236 | ||||||
Akeso, Inc.*(a) |
253,000 | 699,385 | ||||||
Alibaba Group Holding Ltd.* |
6,032,032 | 59,898,457 | ||||||
Alibaba Pictures Group Ltd.* |
15,420,000 | 795,564 | ||||||
ANTA Sports Products Ltd. |
673,300 | 7,136,213 | ||||||
Asymchem Laboratories Tianjin Co. Ltd., Class A |
45,280 | 880,938 | ||||||
Autohome, Inc., Class A(b) |
82,972 | 597,195 | ||||||
Baidu, Inc., Class A* |
916,770 | 13,325,451 | ||||||
BeiGene Ltd.*(b) |
449,400 | 4,640,043 | ||||||
Beijing Kingsoft Office Software, Inc., Class A |
34,629 | 976,868 | ||||||
Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A |
122,367 | 452,623 | ||||||
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A |
42,040 | 674,607 | ||||||
Bilibili, Inc., Class Z* |
74,614 | 1,136,809 | ||||||
BOE Technology Group Co. Ltd., Class A |
3,480,200 | 1,596,299 | ||||||
BYD Co. Ltd., Class A |
149,974 | 5,301,466 | ||||||
BYD Co. Ltd., Class H |
313,500 | 7,763,717 | ||||||
BYD Electronic International Co. Ltd.(b) |
276,500 | 667,835 | ||||||
CanSino Biologics, Inc., Class H(a)(b) |
45,000 | 255,385 | ||||||
Chaozhou Three-Circle Group Co. Ltd., Class A |
220,500 | 805,400 | ||||||
Chengxin Lithium Group Co. Ltd., Class A |
150,100 | 984,504 | ||||||
China Baoan Group Co. Ltd., Class A |
532,600 | 838,217 | ||||||
China Common Rich Renewable Energy Investments Ltd.*† |
102,000 | 0 | ||||||
China Conch Environment Protection Holdings Ltd.* |
1,487,900 | 761,966 | ||||||
China Conch Venture Holdings Ltd. |
791,400 | 1,262,223 | ||||||
China Feihe Ltd.(a) |
1,449,000 | 1,015,236 | ||||||
China Hongqiao Group Ltd. |
815,500 | 675,263 | ||||||
China Jushi Co. Ltd., Class A |
468,900 | 866,878 | ||||||
China Lesso Group Holdings Ltd. |
758,000 | 705,866 | ||||||
China Literature Ltd.*(a)(b) |
172,000 | 487,522 | ||||||
China Medical System Holdings Ltd. |
995,000 | 1,187,678 | ||||||
China Meidong Auto Holdings Ltd. |
356,288 | 563,714 | ||||||
China Minsheng Banking Corp. Ltd., Class A |
7,553,679 | 3,591,869 | ||||||
China Minsheng Banking Corp. Ltd., Class H(b) |
4,097,000 | 1,174,314 | ||||||
China Yongda Automobiles Services Holdings Ltd. |
742,500 | 398,212 | ||||||
Chinasoft International Ltd.* |
944,000 | 580,838 | ||||||
Chongqing Zhifei Biological Products Co. Ltd., Class A |
127,200 | 1,542,105 | ||||||
Contemporary Amperex Technology Co. Ltd., Class A |
238,617 | 13,418,033 | ||||||
Country Garden Holdings Co. Ltd.(b) |
4,122,935 | 955,903 | ||||||
Country Garden Services Holdings Co. Ltd. |
841,000 | 1,238,482 | ||||||
Dada Nexus Ltd., ADR* |
11,765 | 55,648 | ||||||
Daqo New Energy Corp., ADR* |
19,856 | 1,053,956 | ||||||
Dongyue Group Ltd. |
808,000 | 805,952 | ||||||
East Money Information Co. Ltd., Class A |
2,094,061 | 5,175,562 | ||||||
ENN Energy Holdings Ltd. |
423,300 | 5,662,047 | ||||||
Evergrande Property Services Group Ltd.*†(a)(b) |
2,120,500 | 485,358 |
See Notes to Financial Statements.
22 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
Investments | Shares | Value | ||||||
Focus Media Information Technology Co. Ltd., Class A |
2,564,300 | $ | 1,985,501 | |||||
Foshan Haitian Flavouring & Food Co. Ltd., Class A |
265,839 | 3,088,276 | ||||||
Futu Holdings Ltd., ADR*(b) |
29,893 | 1,114,710 | ||||||
Fuyao Glass Industry Group Co. Ltd., Class A |
291,082 | 1,462,116 | ||||||
Ganfeng Lithium Co. Ltd., Class A |
213,820 | 2,244,628 | ||||||
Ganfeng Lithium Co. Ltd., Class H(a)(b) |
116,800 | 777,437 | ||||||
GDS Holdings Ltd., Class A* |
383,052 | 839,309 | ||||||
Geely Automobile Holdings Ltd. |
2,375,000 | 3,273,609 | ||||||
GEM Co. Ltd., Class A |
959,200 | 992,951 | ||||||
Gemdale Corp., Class A |
1,374,700 | 2,215,594 | ||||||
Genscript Biotech Corp.* |
590,000 | 1,289,749 | ||||||
GigaDevice Semiconductor, Inc., Class A |
87,600 | 1,151,961 | ||||||
GOME Retail Holdings Ltd.*(b) |
1,376,000 | 25,767 | ||||||
Gotion High-tech Co. Ltd., Class A |
211,200 | 904,447 | ||||||
Great Wall Motor Co. Ltd., Class H |
1,497,700 | 1,720,946 | ||||||
Gree Electric Appliances, Inc. of Zhuhai, Class A |
478,600 | 2,177,118 | ||||||
Greentown Service Group Co. Ltd. |
1,176,000 | 786,507 | ||||||
Guangdong Haid Group Co. Ltd., Class A |
101,200 | 855,689 | ||||||
Guanghui Energy Co. Ltd., Class A |
1,112,200 | 1,915,771 | ||||||
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A |
69,300 | 616,095 | ||||||
Guangzhou Tinci Materials Technology Co. Ltd., Class A |
252,300 | 1,559,280 | ||||||
H World Group Ltd. |
594,570 | 2,071,554 | ||||||
Haidilao International Holding Ltd.*(a)(b) |
452,300 | 887,326 | ||||||
Haier Smart Home Co. Ltd., Class A |
651,400 | 2,263,268 | ||||||
Haier Smart Home Co. Ltd., Class H |
797,800 | 2,444,246 | ||||||
Hangzhou First Applied Material Co. Ltd., Class A |
72,160 | 538,481 | ||||||
Hangzhou Silan Microelectronics Co. Ltd., Class A |
151,100 | 679,289 | ||||||
Hangzhou Tigermed Consulting Co. Ltd., Class A |
114,500 | 1,464,426 | ||||||
Hansoh Pharmaceutical Group Co. Ltd.(a)(b) |
606,000 | 958,805 | ||||||
Hello Group, Inc., ADR |
60,569 | 279,829 | ||||||
Hengan International Group Co. Ltd. |
447,000 | 1,998,713 | ||||||
Hengli Petrochemical Co. Ltd., Class A |
212,500 | 504,338 | ||||||
Hollysys Automation Technologies Ltd. |
44,116 | 754,384 | ||||||
Hundsun Technologies, Inc., Class A |
277,871 | 1,320,922 | ||||||
I-Mab, ADR* |
1,801 | 7,222 | ||||||
Inner Mongolia Yili Industrial Group Co. Ltd., Class A |
472,100 | 2,183,971 | ||||||
Innovent Biologics, Inc.*(a) |
473,000 | 1,473,248 | ||||||
iQIYI, Inc., ADR*(b) |
119,207 | 323,051 | ||||||
JA Solar Technology Co. Ltd., Class A |
134,580 | 1,208,910 | ||||||
JCET Group Co. Ltd., Class A |
212,400 | 638,468 | ||||||
JD Health International, Inc.*(a) |
431,100 | 2,476,797 | ||||||
JD.com, Inc., Class A |
989,759 | 25,040,591 | ||||||
Jiangsu Eastern Shenghong Co. Ltd., Class A |
298,100 | 728,404 | ||||||
Jiangsu Hengli Hydraulic Co. Ltd., Class A |
67,800 | 430,624 | ||||||
Jiangsu Hengrui Medicine Co. Ltd., Class A |
810,313 | 3,989,534 | ||||||
Jinke Smart Services Group Co. Ltd., Class H(b) |
368,600 | 558,777 | ||||||
JinkoSolar Holding Co. Ltd., ADR*(b) |
16,470 | 912,273 | ||||||
Jinxin Fertility Group Ltd.(a) |
542,500 | 266,070 | ||||||
JiuGui Liquor Co. Ltd., Class A |
42,000 | 740,243 | ||||||
Jiumaojiu International Holdings Ltd.(a)(b) |
402,000 | 659,596 | ||||||
JOYY, Inc., ADR |
17,793 | 462,618 | ||||||
Kangmei Pharmaceutical Co. Ltd., Class A* |
31,038 | 7,880 | ||||||
KE Holdings, Inc., ADR* |
199,054 | 3,487,426 | ||||||
Kingboard Holdings Ltd. |
529,500 | 1,497,459 | ||||||
Kingdee International Software Group Co. Ltd.* |
1,345,000 | 1,761,373 | ||||||
Kingsoft Cloud Holdings Ltd., ADR*(b) |
11,368 | 22,622 | ||||||
Kingsoft Corp. Ltd. |
568,400 | 1,513,339 | ||||||
Kuaishou Technology*(a) |
634,500 | 4,118,240 | ||||||
LB Group Co. Ltd., Class A |
239,500 | 529,113 | ||||||
Lee & Man Paper Manufacturing Ltd. |
1,271,000 | 408,020 | ||||||
Lens Technology Co. Ltd., Class A |
352,018 | 455,752 | ||||||
Lepu Medical Technology Beijing Co. Ltd., Class A |
257,200 | 762,312 | ||||||
Li Auto, Inc., ADR* |
249,712 | 5,745,873 | ||||||
Li Ning Co. Ltd. |
1,238,000 | 9,478,312 | ||||||
Lifetech Scientific Corp.* |
1,444,000 | 480,113 | ||||||
Longfor Group Holdings Ltd.(a) |
845,500 | 2,428,824 | ||||||
LONGi Green Energy Technology Co. Ltd., Class A |
970,772 | 6,523,875 | ||||||
Lufax Holding Ltd., ADR |
240,213 | 610,141 | ||||||
Luxshare Precision Industry Co. Ltd., Class A |
627,000 | 2,585,694 | ||||||
Maxscend Microelectronics Co. Ltd., Class A |
67,700 | 839,561 | ||||||
Meituan, Class B*(a) |
1,636,900 | 34,531,732 | ||||||
Microport Scientific Corp.*(b) |
294,500 | 507,222 | ||||||
Ming Yang Smart Energy Group Ltd., Class A |
270,200 | 914,545 | ||||||
Ming Yuan Cloud Group Holdings Ltd.(b) |
298,000 | 176,525 | ||||||
Minth Group Ltd. |
328,000 | 726,205 | ||||||
Muyuan Foods Co. Ltd., Class A |
445,476 | 3,406,767 | ||||||
NetEase, Inc. |
784,330 | 11,840,037 | ||||||
New Oriental Education & Technology Group, Inc.*(b) |
475,936 | 1,206,528 | ||||||
Nine Dragons Paper Holdings Ltd. |
711,000 | 442,003 | ||||||
NIO, Inc., ADR* |
599,320 | 9,451,276 | ||||||
Nongfu Spring Co. Ltd., Class H(a) |
1,288,800 | 7,478,419 | ||||||
Ovctek China, Inc., Class A |
114,400 | 662,733 | ||||||
Pharmaron Beijing Co. Ltd., Class A |
104,100 | 789,239 | ||||||
Pinduoduo, Inc., ADR* |
228,503 | 14,299,718 | ||||||
Ping An Bank Co. Ltd., Class A |
2,443,026 | 4,057,346 | ||||||
Ping An Healthcare and Technology Co. Ltd.*(a)(b) |
194,700 | 367,082 | ||||||
Ping An Insurance Group Co. of China Ltd., Class A |
1,587,200 | 9,257,173 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H |
2,366,500 | 11,817,577 | ||||||
Pop Mart International Group Ltd.(a)(b) |
278,400 | 512,121 | ||||||
Rongsheng Petrochemical Co. Ltd., Class A |
348,000 | 675,093 | ||||||
Sangfor Technologies, Inc., Class A |
42,500 | 596,144 | ||||||
Sany Heavy Industry Co. Ltd., Class A |
1,438,636 | 2,800,932 | ||||||
SF Holding Co. Ltd., Class A |
283,473 | 1,877,586 | ||||||
SG Micro Corp., Class A |
53,800 | 1,063,224 |
See Notes to Financial Statements.
WisdomTree Trust | 23 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
Investments | Shares | Value | ||||||
Shandong Weigao Group Medical Polymer Co. Ltd., Class H |
1,732,600 | $ | 2,330,763 | |||||
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H(b) |
572,500 | 1,388,604 | ||||||
Shanghai Putailai New Energy Technology Co. Ltd., Class A |
106,200 | 831,230 | ||||||
Shenzhen Capchem Technology Co. Ltd., Class A |
99,920 | 586,977 | ||||||
Shenzhen Inovance Technology Co. Ltd., Class A |
270,000 | 2,178,058 | ||||||
Shenzhen Kangtai Biological Products Co. Ltd., Class A |
112,600 | 478,725 | ||||||
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A |
154,100 | 6,463,029 | ||||||
Shenzhen Transsion Holdings Co. Ltd., Class A |
45,753 | 373,255 | ||||||
Shenzhou International Group Holdings Ltd. |
447,100 | 3,494,259 | ||||||
Sichuan Yahua Industrial Group Co. Ltd., Class A |
268,400 | 957,018 | ||||||
Sino Biopharmaceutical Ltd. |
5,903,000 | 2,774,821 | ||||||
SITC International Holdings Co. Ltd. |
679,000 | 1,255,950 | ||||||
Sunac China Holdings Ltd.*†(b) |
1,722,000 | 438,732 | ||||||
Sungrow Power Supply Co. Ltd., Class A |
172,000 | 2,668,851 | ||||||
Sunny Optical Technology Group Co. Ltd. |
347,000 | 3,321,959 | ||||||
Suzhou TA&A Ultra Clean Technology Co. Ltd., Class A |
74,000 | 687,877 | ||||||
TBEA Co. Ltd., Class A |
621,500 | 1,889,132 | ||||||
TCL Technology Group Corp., Class A |
3,646,900 | 1,856,918 | ||||||
Tencent Holdings Ltd. |
2,533,600 | 85,982,119 | ||||||
Tencent Music Entertainment Group, ADR* |
240,067 | 974,672 | ||||||
Thunder Software Technology Co. Ltd., Class A |
59,900 | 887,096 | ||||||
Tingyi Cayman Islands Holding Corp. |
1,376,000 | 2,373,411 | ||||||
Tongcheng Travel Holdings Ltd.* |
837,600 | 1,643,211 | ||||||
Tongkun Group Co. Ltd., Class A |
383,400 | 726,019 | ||||||
Tongwei Co. Ltd., Class A |
515,958 | 3,398,636 | ||||||
Topchoice Medical Corp., Class A* |
41,900 | 752,292 | ||||||
Topsports International Holdings Ltd.(a) |
1,227,000 | 864,382 | ||||||
Trip.com Group Ltd.* |
191,620 | 5,145,734 | ||||||
United Energy Group Ltd.(b) |
5,192,000 | 595,269 | ||||||
Venus MedTech Hangzhou, Inc., Class H*(a)(b) |
212,500 | 248,506 | ||||||
Vipshop Holdings Ltd., ADR* |
168,673 | 1,418,540 | ||||||
Vnet Group, Inc., ADR*(b) |
13,853 | 76,191 | ||||||
Walvax Biotechnology Co. Ltd., Class A |
362,200 | 1,884,884 | ||||||
Want Want China Holdings Ltd. |
2,785,000 | 1,820,030 | ||||||
Weimob, Inc.*(a)(b) |
970,000 | 343,520 | ||||||
Wens Foodstuffs Group Co. Ltd., Class A* |
707,500 | 2,035,421 | ||||||
WH Group Ltd.(a) |
5,701,230 | 3,595,089 | ||||||
Will Semiconductor Co. Ltd., Class A |
112,040 | 1,259,304 | ||||||
Wingtech Technology Co. Ltd., Class A |
90,170 | 602,934 | ||||||
WuXi AppTec Co. Ltd., Class A |
495,073 | 4,978,403 | ||||||
Wuxi Biologics Cayman, Inc.*(a) |
1,710,000 | 10,325,482 | ||||||
Wuxi Lead Intelligent Equipment Co. Ltd., Class A |
175,200 | 1,162,651 | ||||||
XD, Inc.*(b) |
88,600 | 180,588 | ||||||
Xinjiang Goldwind Science & Technology Co. Ltd., Class A |
805,600 | 1,281,430 | ||||||
Xinyi Glass Holdings Ltd. |
1,678,000 | 2,441,147 | ||||||
Xinyi Solar Holdings Ltd. |
2,253,753 | 2,385,850 | ||||||
XPeng, Inc., Class A, ADR*(b) |
120,923 | 1,445,030 | ||||||
Xtep International Holdings Ltd.(b) |
636,000 | 676,518 | ||||||
Yidu Tech, Inc.*(a)(b) |
58,800 | 36,104 | ||||||
Yihai International Holding Ltd.* |
195,000 | 412,362 | ||||||
Yonyou Network Technology Co. Ltd., Class A |
383,100 | 945,773 | ||||||
Yum China Holdings, Inc. |
191,805 | 9,078,131 | ||||||
Zai Lab Ltd.* |
313,290 | 1,093,536 | ||||||
Zhejiang Century Huatong Group Co. Ltd., Class A* |
1,028,000 | 537,854 | ||||||
Zhejiang Chint Electrics Co. Ltd., Class A |
212,600 | 798,612 | ||||||
Zhejiang Dahua Technology Co. Ltd., Class A |
297,100 | 535,511 | ||||||
Zhejiang Huayou Cobalt Co. Ltd., Class A |
181,970 | 1,642,264 | ||||||
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A |
115,400 | 1,094,569 | ||||||
Zhejiang Longsheng Group Co. Ltd., Class A |
715,800 | 904,646 | ||||||
Zhejiang NHU Co. Ltd., Class A |
351,880 | 1,095,252 | ||||||
Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A |
315,000 | 1,086,946 | ||||||
Zhejiang Yongtai Technology Co. Ltd., Class A |
136,000 | 437,999 | ||||||
ZhongAn Online P&C Insurance Co. Ltd., Class H*(a)(b) |
259,600 | 582,041 | ||||||
Zhongsheng Group Holdings Ltd. |
209,500 | 836,676 | ||||||
Zhuzhou CRRC Times Electric Co. Ltd. |
212,400 | 892,903 | ||||||
ZTO Express Cayman, Inc.(b) |
73,512 | 1,763,374 | ||||||
|
|
|||||||
Total China |
|
609,275,334 | ||||||
Czech Republic – 0.0% | ||||||||
Moneta Money Bank AS(a) |
281,590 | 792,612 | ||||||
Hungary – 0.2% | ||||||||
MOL Hungarian Oil & Gas PLC |
266,291 | 1,483,562 | ||||||
OTP Bank Nyrt |
142,537 | 2,610,044 | ||||||
|
|
|||||||
Total Hungary |
|
4,093,606 | ||||||
India – 22.0% | ||||||||
Aarti Industries Ltd. |
209,090 | 1,914,937 | ||||||
Aavas Financiers Ltd.* |
23,663 | 652,053 | ||||||
Adani Green Energy Ltd.* |
200,803 | 5,580,436 | ||||||
Adani Total Gas Ltd. |
146,945 | 6,032,781 | ||||||
Adani Transmission Ltd.* |
133,326 | 5,391,630 | ||||||
Alkem Laboratories Ltd. |
23,209 | 934,965 | ||||||
APL Apollo Tubes Ltd. |
103,169 | 1,316,447 | ||||||
Apollo Hospitals Enterprise Ltd. |
84,713 | 4,564,539 | ||||||
Ashok Leyland Ltd. |
1,819,393 | 3,413,965 | ||||||
Asian Paints Ltd. |
281,452 | 11,563,919 | ||||||
Astral Ltd. |
108,274 | 2,971,267 | ||||||
Atul Ltd. |
21,401 | 2,373,909 | ||||||
AU Small Finance Bank Ltd.(a) |
216,678 | 1,649,231 | ||||||
Aurobindo Pharma Ltd. |
177,592 | 1,114,654 | ||||||
Avenue Supermarts Ltd.*(a) |
100,821 | 5,436,381 | ||||||
Axis Bank Ltd. |
1,272,517 | 11,468,901 | ||||||
Bajaj Finance Ltd. |
156,187 | 14,083,973 | ||||||
Bajaj Finserv Ltd. |
154,312 | 3,183,596 | ||||||
Bandhan Bank Ltd.*(a) |
427,221 | 1,400,066 |
See Notes to Financial Statements.
24 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
Investments | Shares | Value | ||||||
Bata India Ltd. |
2,403 | $ | 53,804 | |||||
Bharat Forge Ltd. |
281,856 | 2,409,685 | ||||||
Bharti Airtel Ltd. |
1,431,925 | 14,079,646 | ||||||
Biocon Ltd. |
142,581 | 509,936 | ||||||
Britannia Industries Ltd. |
82,278 | 3,886,830 | ||||||
Carborundum Universal Ltd. |
94,140 | 1,037,318 | ||||||
CG Power & Industrial Solutions Ltd.* |
447,341 | 1,296,087 | ||||||
Cholamandalam Investment and Finance Co. Ltd. |
159,451 | 1,435,135 | ||||||
Cipla Ltd. |
328,798 | 4,506,302 | ||||||
Coforge Ltd. |
12,137 | 501,578 | ||||||
Crompton Greaves Consumer Electricals Ltd. |
470,723 | 2,383,378 | ||||||
Cummins India Ltd. |
89,744 | 1,319,222 | ||||||
Cyient Ltd. |
60,581 | 590,460 | ||||||
Dalmia Bharat Ltd. |
53,173 | 1,044,489 | ||||||
Deepak Nitrite Ltd. |
28,248 | 706,970 | ||||||
Divi’s Laboratories Ltd. |
93,288 | 4,248,868 | ||||||
Dr. Lal PathLabs Ltd.(a) |
16,667 | 516,034 | ||||||
Dr. Reddy’s Laboratories Ltd. |
79,121 | 4,216,836 | ||||||
Eicher Motors Ltd. |
41,807 | 1,886,862 | ||||||
Emami Ltd. |
188,590 | 1,169,078 | ||||||
Escorts Kubota Ltd. |
62,850 | 1,643,887 | ||||||
Exide Industries Ltd. |
22,977 | 44,329 | ||||||
Federal Bank Ltd. |
1,258,182 | 1,836,593 | ||||||
Fortis Healthcare Ltd.* |
299,763 | 973,524 | ||||||
Gland Pharma Ltd.*(a) |
18,259 | 469,733 | ||||||
Godrej Consumer Products Ltd.* |
297,498 | 3,329,476 | ||||||
Godrej Properties Ltd.* |
114,733 | 1,683,806 | ||||||
Grasim Industries Ltd. |
229,849 | 4,732,104 | ||||||
Happiest Minds Technologies Ltd. |
36,326 | 443,831 | ||||||
Havells India Ltd. |
61,531 | 1,019,992 | ||||||
HCL Technologies Ltd. |
690,187 | 7,910,092 | ||||||
HDFC Life Insurance Co. Ltd.(a) |
581,568 | 3,792,108 | ||||||
Hero MotoCorp Ltd. |
93,513 | 2,930,297 | ||||||
Hindustan Unilever Ltd. |
510,107 | 16,907,890 | ||||||
Housing Development Finance Corp. Ltd. |
1,013,266 | 28,494,944 | ||||||
ICICI Bank Ltd., ADR |
1,375,641 | 28,847,192 | ||||||
ICICI Lombard General Insurance Co. Ltd.(a) |
178,630 | 2,527,680 | ||||||
ICICI Prudential Life Insurance Co. Ltd.(a) |
329,188 | 2,128,258 | ||||||
IDFC First Bank Ltd.* |
2,043,147 | 1,251,989 | ||||||
Indiabulls Housing Finance Ltd.* |
242,248 | 353,614 | ||||||
IndiaMart InterMesh Ltd.(a) |
7,324 | 401,337 | ||||||
Indian Hotels Co. Ltd. |
298,498 | 1,217,090 | ||||||
Indus Towers Ltd. |
720,983 | 1,749,919 | ||||||
Info Edge India Ltd. |
44,064 | 2,091,099 | ||||||
Infosys Ltd., ADR |
1,670,123 | 28,341,987 | ||||||
Ipca Laboratories Ltd. |
105,304 | 1,184,409 | ||||||
Jindal Steel & Power Ltd. |
255,702 | 1,347,169 | ||||||
JSW Steel Ltd. |
355,512 | 2,760,365 | ||||||
Jubilant Foodworks Ltd. |
151,093 | 1,156,536 | ||||||
Kajaria Ceramics Ltd. |
65,410 | 965,175 | ||||||
Kotak Mahindra Bank Ltd. |
655,069 | 14,648,841 | ||||||
Laurus Labs Ltd.(a) |
199,689 | 1,259,236 | ||||||
Lupin Ltd. |
197,601 | 1,651,346 | ||||||
Mahindra & Mahindra Financial Services Ltd. |
303,812 | 691,829 | ||||||
Mahindra & Mahindra Ltd. |
416,109 | 6,486,802 | ||||||
Maruti Suzuki India Ltd. |
80,504 | 8,736,207 | ||||||
Max Financial Services Ltd.* |
165,207 | 1,548,678 | ||||||
Max Healthcare Institute Ltd.* |
155,377 | 779,069 | ||||||
Motherson Sumi Wiring India Ltd. |
1,327,004 | 1,427,303 | ||||||
Mphasis Ltd. |
32,514 | 834,380 | ||||||
Navin Fluorine International Ltd. |
30,347 | 1,675,252 | ||||||
Nestle India Ltd. |
26,260 | 6,179,898 | ||||||
Page Industries Ltd. |
5,100 | 3,176,317 | ||||||
Persistent Systems Ltd. |
27,673 | 1,102,549 | ||||||
PI Industries Ltd. |
67,804 | 2,499,041 | ||||||
Piramal Enterprises Ltd. |
115,013 | 1,221,862 | ||||||
Piramal Pharma Ltd.*† |
470,344 | 1,266,903 | ||||||
RBL Bank Ltd.*(a) |
375,911 | 525,620 | ||||||
Reliance Industries Ltd., GDR(a) |
68,435 | 4,003,447 | ||||||
Reliance Industries Ltd., GDR(a)(b) |
845,204 | 49,444,434 | ||||||
Samvardhana Motherson International Ltd. |
1,099,296 | 1,472,912 | ||||||
Shriram Transport Finance Co. Ltd. |
129,268 | 1,902,920 | ||||||
Sun Pharmaceutical Industries Ltd. |
699,348 | 8,155,209 | ||||||
Sundaram Finance Ltd. |
101,268 | 2,815,792 | ||||||
Supreme Industries Ltd. |
86,785 | 2,275,898 | ||||||
Tata Chemicals Ltd. |
84,679 | 1,149,941 | ||||||
Tata Consumer Products Ltd. |
370,296 | 3,654,426 | ||||||
Tata Elxsi Ltd. |
15,074 | 1,585,470 | ||||||
Tata Motors Ltd.* |
1,055,988 | 5,251,951 | ||||||
Tata Steel Ltd. |
5,839,172 | 7,127,485 | ||||||
Tech Mahindra Ltd. |
408,764 | 5,067,892 | ||||||
Titan Co. Ltd. |
172,341 | 5,522,772 | ||||||
Torrent Pharmaceuticals Ltd. |
120,161 | 2,303,998 | ||||||
Trent Ltd. |
136,244 | 2,378,162 | ||||||
Tube Investments of India Ltd. |
53,624 | 1,808,983 | ||||||
UltraTech Cement Ltd. |
88,521 | 6,806,382 | ||||||
United Spirits Ltd.* |
281,006 | 2,909,499 | ||||||
Vedanta Ltd. |
890,490 | 2,956,031 | ||||||
Vodafone Idea Ltd.* |
5,816,969 | 629,238 | ||||||
Voltas Ltd. |
235,379 | 2,622,692 | ||||||
Wipro Ltd. |
853,894 | 4,138,200 | ||||||
Zee Entertainment Enterprises Ltd. |
721,814 | 2,290,515 | ||||||
|
|
|||||||
Total India |
|
469,367,975 | ||||||
Indonesia – 2.8% | ||||||||
Astra International Tbk PT |
16,335,600 | 7,107,099 | ||||||
Bank Central Asia Tbk PT |
44,279,200 | 24,862,069 | ||||||
Bank Jago Tbk PT* |
3,215,900 | 1,393,856 | ||||||
Barito Pacific Tbk PT |
20,480,400 | 1,069,244 | ||||||
Chandra Asri Petrochemical Tbk PT |
22,354,300 | 3,523,252 | ||||||
Charoen Pokphand Indonesia Tbk PT |
7,645,600 | 2,836,818 | ||||||
Elang Mahkota Teknologi Tbk PT |
37,851,400 | 3,778,304 | ||||||
Indocement Tunggal Prakarsa Tbk PT |
2,266,500 | 1,414,004 | ||||||
Kalbe Farma Tbk PT |
21,847,100 | 2,625,526 | ||||||
Merdeka Copper Gold Tbk PT* |
8,400,100 | 2,173,462 | ||||||
Sarana Menara Nusantara Tbk PT |
28,203,900 | 2,287,428 | ||||||
Sumber Alfaria Trijaya Tbk PT |
16,562,000 | 2,599,454 |
See Notes to Financial Statements.
WisdomTree Trust | 25 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
Investments | Shares | Value | ||||||
Tower Bersama Infrastructure Tbk PT |
5,002,000 | $ | 929,612 | |||||
United Tractors Tbk PT |
1,360,200 | 2,932,101 | ||||||
|
|
|||||||
Total Indonesia |
|
59,532,229 | ||||||
Malaysia – 1.4% | ||||||||
AMMB Holdings Bhd |
5,389,900 | 4,533,235 | ||||||
Genting Malaysia Bhd |
4,004,000 | 2,409,135 | ||||||
Hartalega Holdings Bhd |
2,154,000 | 771,111 | ||||||
Hong Leong Bank Bhd |
1,780,808 | 7,872,884 | ||||||
Inari Amertron Bhd |
2,823,400 | 1,534,390 | ||||||
Malaysian Pacific Industries Bhd |
111,800 | 692,933 | ||||||
MR DIY Group M Bhd(a) |
2,633,800 | 1,118,953 | ||||||
My EG Services Bhd |
4,033,052 | 739,292 | ||||||
Nestle Malaysia Bhd |
52,900 | 1,488,775 | ||||||
Press Metal Aluminium Holdings Bhd |
5,926,200 | 5,163,219 | ||||||
QL Resources Bhd |
1,746,025 | 1,875,179 | ||||||
Top Glove Corp. Bhd |
3,624,300 | 488,503 | ||||||
VS Industry Bhd |
3,439,200 | 719,436 | ||||||
|
|
|||||||
Total Malaysia |
|
29,407,045 | ||||||
Mexico – 2.6% | ||||||||
Alfa SAB de CV, Class A |
3,951,083 | 2,519,104 | ||||||
Alsea SAB de CV* |
437,983 | 790,471 | ||||||
America Movil SAB de CV, Series L |
8,527,196 | 7,052,456 | ||||||
Banco del Bajio SA(a) |
779,208 | 1,972,870 | ||||||
Cemex SAB de CV, Series CPO* |
8,140,573 | 2,809,677 | ||||||
Controladora Vuela Cia de Aviacion SAB de CV, Class A*(b) |
538,160 | 380,854 | ||||||
Corp. Inmobiliaria Vesta SAB de CV(b) |
812,594 | 1,516,276 | ||||||
Fibra Uno Administracion SA de CV |
2,802,525 | 2,889,287 | ||||||
Fomento Economico Mexicano SAB de CV |
1,184,205 | 7,433,562 | ||||||
Grupo Aeroportuario del Centro Norte SAB de CV(b) |
129,756 | 817,739 | ||||||
Grupo Aeroportuario del Pacifico SAB de CV, Class B |
217,279 | 2,750,634 | ||||||
Grupo Aeroportuario del Sureste SAB de CV, Class B |
67,114 | 1,323,989 | ||||||
Grupo Bimbo SAB de CV, Series A |
1,472,535 | 5,197,355 | ||||||
Grupo Elektra SAB de CV(b) |
358 | 18,362 | ||||||
Grupo Financiero Banorte SAB de CV, Class O |
1,216,228 | 7,822,087 | ||||||
Grupo Televisa SAB, Series CPO |
1,349,487 | 1,463,077 | ||||||
Megacable Holdings SAB de CV, Series CPO |
563,444 | 1,137,116 | ||||||
Sitios Latinoamerica SAB de CV*(b) |
426,359 | 190,624 | ||||||
Wal-Mart de Mexico SAB de CV(b) |
1,774,485 | 6,250,741 | ||||||
|
|
|||||||
Total Mexico |
|
54,336,281 | ||||||
Philippines – 0.7% | ||||||||
ACEN Corp. |
173,610 | 16,584 | ||||||
Ayala Corp. |
53,790 | 565,196 | ||||||
Ayala Land, Inc. |
2,697,500 | 1,051,392 | ||||||
Globe Telecom, Inc. |
10,235 | 354,406 | ||||||
JG Summit Holdings, Inc. |
1,278,840 | 917,275 | ||||||
Jollibee Foods Corp. |
506,200 | 1,977,310 | ||||||
PLDT, Inc. |
151,735 | 3,903,051 | ||||||
SM Investments Corp. |
332,465 | 4,111,507 | ||||||
SM Prime Holdings, Inc. |
1,991,300 | 1,022,399 | ||||||
Universal Robina Corp. |
863,860 | 1,679,830 | ||||||
|
|
|||||||
Total Philippines |
|
15,598,950 | ||||||
Poland – 0.6% | ||||||||
Allegro.eu SA*(a) |
296,258 | 1,292,342 | ||||||
Asseco Poland SA |
101,756 | 1,424,666 | ||||||
Bank Polska Kasa Opieki SA |
93,754 | 1,152,231 | ||||||
CCC SA* |
5,063 | 38,073 | ||||||
CD Projekt SA(b) |
60,392 | 1,225,203 | ||||||
Cyfrowy Polsat SA |
442,889 | 1,439,232 | ||||||
LPP SA |
1,272 | 2,007,540 | ||||||
Orange Polska SA |
908,785 | 953,498 | ||||||
Santander Bank Polska SA |
55,139 | 2,198,192 | ||||||
|
|
|||||||
Total Poland |
|
11,730,977 | ||||||
Russia – 0.0% | ||||||||
Evraz PLC† |
757,034 | 0 | ||||||
HeadHunter Group PLC, ADR† |
35,535 | 0 | ||||||
Lukoil PJSC, ADR† |
474,585 | 0 | ||||||
Magnitogorsk Iron & Steel Works PJSC, GDR†(c) |
101,979 | 0 | ||||||
Mobile TeleSystems PJSC, ADR† |
777,676 | 0 | ||||||
Novatek PJSC† |
1,138,580 | 0 | ||||||
Novolipetsk Steel PJSC†(c) |
948,540 | 0 | ||||||
Ozon Holdings PLC, ADR*†(b) |
43,104 | 0 | ||||||
PhosAgro PJSC† |
44,010 | 0 | ||||||
Polymetal International PLC |
354,651 | 772,001 | ||||||
Polyus PJSC† |
37,656 | 0 | ||||||
Severstal PAO, GDR†(c) |
123,722 | 0 | ||||||
Sistema PJSFC*† |
4,256,200 | 0 | ||||||
Surgutneftegas PJSC† |
7,201,040 | 0 | ||||||
VK Co. Ltd., GDR*† |
167,707 | 0 | ||||||
X5 Retail Group NV, GDR†(c) |
166,238 | 0 | ||||||
Yandex NV, Class A*† |
402,553 | 0 | ||||||
|
|
|||||||
Total Russia |
|
772,001 | ||||||
South Africa – 4.4% | ||||||||
Absa Group Ltd.(b) |
489,570 | 4,811,392 | ||||||
Anglo American Platinum Ltd. |
17,718 | 1,270,018 | ||||||
AngloGold Ashanti Ltd. |
220,738 | 3,066,444 | ||||||
Aspen Pharmacare Holdings Ltd.(b) |
239,782 | 1,791,511 | ||||||
AVI Ltd. |
390,973 | 1,583,688 | ||||||
Barloworld Ltd. |
85,845 | 440,724 | ||||||
Bid Corp. Ltd.(b) |
225,490 | 3,498,185 | ||||||
Capitec Bank Holdings Ltd. |
54,181 | 4,681,769 | ||||||
Clicks Group Ltd. |
183,491 | 2,914,416 | ||||||
Discovery Ltd.* |
285,383 | 1,666,170 | ||||||
FirstRand Ltd. |
3,315,896 | 11,206,428 | ||||||
Gold Fields Ltd. |
487,334 | 3,998,186 | ||||||
Growthpoint Properties Ltd. |
3,747,808 | 2,458,570 | ||||||
Impala Platinum Holdings Ltd. |
402,873 | 3,803,336 | ||||||
Investec Ltd. |
166,778 | 664,792 | ||||||
Motus Holdings Ltd.(b) |
113,433 | 724,368 | ||||||
Mr. Price Group Ltd. |
81,933 | 787,715 | ||||||
MultiChoice Group |
229,178 | 1,474,594 | ||||||
Naspers Ltd., Class N |
115,787 | 14,581,141 |
See Notes to Financial Statements.
26 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
Investments | Shares | Value | ||||||
Nedbank Group Ltd. |
353,158 | $ | 3,924,873 | |||||
Ninety One Ltd. |
103,474 | 201,392 | ||||||
Northam Platinum Holdings Ltd.* |
145,915 | 1,273,270 | ||||||
Old Mutual Ltd.(b) |
1,267,268 | 689,602 | ||||||
Pick n Pay Stores Ltd. |
339,326 | 1,047,478 | ||||||
Redefine Properties Ltd. |
2,525,677 | 498,882 | ||||||
Sanlam Ltd. |
1,022,029 | 2,933,731 | ||||||
Shoprite Holdings Ltd.(b) |
305,354 | 3,686,675 | ||||||
Sibanye Stillwater Ltd. |
1,471,264 | 3,439,021 | ||||||
Standard Bank Group Ltd. |
867,149 | 6,947,807 | ||||||
Tiger Brands Ltd. |
122,779 | 1,157,528 | ||||||
Vodacom Group Ltd. |
193,129 | 1,311,848 | ||||||
Woolworths Holdings Ltd.(b) |
219,519 | 745,919 | ||||||
|
|
|||||||
Total South Africa |
|
93,281,473 | ||||||
South Korea – 13.2% | ||||||||
AfreecaTV Co. Ltd. |
5,806 | 258,099 | ||||||
Alteogen, Inc.* |
17,377 | 550,812 | ||||||
Amorepacific Corp.(b) |
18,909 | 1,348,094 | ||||||
Bioneer Corp.* |
14,686 | 254,570 | ||||||
BNC Korea Co. Ltd.*(b) |
26,598 | 116,193 | ||||||
Celltrion Healthcare Co. Ltd. |
50,407 | 2,388,757 | ||||||
Celltrion Pharm, Inc.* |
10,481 | 469,583 | ||||||
Celltrion, Inc. |
52,814 | 6,478,547 | ||||||
Coway Co. Ltd. |
53,575 | 2,018,377 | ||||||
CS Wind Corp.(b) |
12,373 | 524,947 | ||||||
Daejoo Electronic Materials Co. Ltd.(b) |
7,922 | 437,988 | ||||||
DB HiTek Co. Ltd. |
21,808 | 569,322 | ||||||
DB Insurance Co. Ltd. |
53,491 | 2,063,817 | ||||||
DGB Financial Group, Inc. |
131,977 | 642,958 | ||||||
Dongsuh Cos., Inc. |
56,206 | 817,142 | ||||||
Doosan Enerbility Co. Ltd.* |
157,424 | 1,567,968 | ||||||
Doosan Fuel Cell Co. Ltd.* |
27,325 | 546,233 | ||||||
Douzone Bizon Co. Ltd. |
11,686 | 254,842 | ||||||
E-Mart, Inc. |
16,073 | 942,563 | ||||||
Ecopro BM Co. Ltd. |
27,877 | 1,716,617 | ||||||
Ecopro Co. Ltd. |
9,257 | 748,609 | ||||||
Eubiologics Co. Ltd.* |
18,018 | 146,718 | ||||||
Fila Holdings Corp. |
36,668 | 802,201 | ||||||
GeneOne Life Science, Inc.* |
38,591 | 256,788 | ||||||
Genexine, Inc.*(b) |
13,364 | 213,439 | ||||||
Green Cross Corp. |
4,451 | 384,216 | ||||||
GS Engineering & Construction Corp. |
100,548 | 1,584,789 | ||||||
GS Holdings Corp. |
70,962 | 2,068,299 | ||||||
Hana Financial Group, Inc. |
200,855 | 4,976,801 | ||||||
Hanmi Pharm Co. Ltd. |
8,739 | 1,398,777 | ||||||
Hanmi Science Co. Ltd.(b) |
26,214 | 578,075 | ||||||
Hanon Systems |
204,480 | 1,189,120 | ||||||
Hansol Chemical Co. Ltd. |
4,490 | 533,515 | ||||||
Hanwha Solutions Corp.* |
83,871 | 2,766,975 | ||||||
HD Hyundai Co. Ltd. |
66,641 | 2,519,940 | ||||||
HL Mando Co. Ltd. |
40,825 | 1,265,526 | ||||||
HLB Life Science Co. Ltd.*(b) |
64,366 | 575,861 | ||||||
HLB, Inc.*(b) |
52,468 | 1,571,436 | ||||||
HYBE Co. Ltd.* |
8,022 | 756,951 | ||||||
Hyundai Glovis Co. Ltd. |
16,169 | 1,836,487 | ||||||
Hyundai Motor Co. |
64,663 | 7,977,228 | ||||||
Hyundai Steel Co. |
65,533 | 1,287,116 | ||||||
Kakao Corp. |
153,591 | 6,129,899 | ||||||
Kakao Games Corp.*(b) |
15,344 | 457,414 | ||||||
KB Financial Group, Inc. |
216,718 | 6,619,540 | ||||||
Kia Corp. |
141,513 | 7,111,753 | ||||||
Korea Investment Holdings Co. Ltd. |
15,795 | 524,402 | ||||||
Korea Shipbuilding & Offshore Engineering Co. Ltd.* |
17,625 | 898,066 | ||||||
Korean Air Lines Co. Ltd.* |
292,997 | 4,525,920 | ||||||
Kumho Petrochemical Co. Ltd. |
6,306 | 509,082 | ||||||
L&F Co. Ltd.*(b) |
8,872 | 1,101,946 | ||||||
LEENO Industrial, Inc. |
5,906 | 513,942 | ||||||
LG Chem Ltd. |
22,337 | 8,368,373 | ||||||
LG Corp. |
61,105 | 3,160,530 | ||||||
LG Electronics, Inc. |
59,427 | 3,264,809 | ||||||
LG H&H Co. Ltd. |
4,777 | 2,113,539 | ||||||
LG Innotek Co. Ltd. |
10,628 | 2,031,703 | ||||||
Lotte Chemical Corp. |
9,607 | 966,945 | ||||||
Lotte Corp. |
69,744 | 1,867,055 | ||||||
Macquarie Korea Infrastructure Fund |
305,273 | 2,507,135 | ||||||
Mezzion Pharma Co. Ltd.* |
15,279 | 146,842 | ||||||
NAVER Corp. |
71,392 | 9,655,659 | ||||||
NCSoft Corp. |
9,049 | 2,188,407 | ||||||
Netmarble Corp.(a) |
24,027 | 861,526 | ||||||
OCI Co. Ltd. |
8,023 | 510,305 | ||||||
Osstem Implant Co. Ltd.(b) |
6,445 | 519,402 | ||||||
Pearl Abyss Corp.*(b) |
28,197 | 919,403 | ||||||
POSCO Chemical Co. Ltd. |
21,954 | 2,301,740 | ||||||
POSCO Holdings, Inc. |
42,949 | 6,334,129 | ||||||
Samsung Biologics Co. Ltd.*(a) |
8,754 | 4,937,777 | ||||||
Samsung Electro-Mechanics Co. Ltd. |
35,814 | 2,803,640 | ||||||
Samsung Electronics Co. Ltd. |
2,372,448 | 88,052,694 | ||||||
Samsung Engineering Co. Ltd.* |
57,706 | 917,601 | ||||||
Samsung Fire & Marine Insurance Co. Ltd. |
16,318 | 2,098,631 | ||||||
Samsung Heavy Industries Co. Ltd.* |
230,940 | 857,127 | ||||||
Samsung Life Insurance Co. Ltd. |
50,870 | 2,218,696 | ||||||
Samsung SDI Co. Ltd. |
28,740 | 10,968,086 | ||||||
Samsung SDS Co. Ltd. |
26,231 | 2,108,454 | ||||||
Seegene, Inc.(b) |
25,640 | 480,291 | ||||||
Shin Poong Pharmaceutical Co. Ltd.* |
15,802 | 219,794 | ||||||
Shinhan Financial Group Co. Ltd. |
197,294 | 4,619,661 | ||||||
Shinsegae, Inc. |
7,698 | 1,242,915 | ||||||
SK Chemicals Co. Ltd. |
9,558 | 607,939 | ||||||
SK Hynix, Inc. |
262,997 | 15,275,775 | ||||||
SK Innovation Co. Ltd.* |
27,735 | 2,781,836 | ||||||
SK Square Co. Ltd.* |
54,388 | 1,374,241 | ||||||
SK Telecom Co. Ltd. |
84,235 | 2,990,940 | ||||||
SM Entertainment Co. Ltd. |
11,524 | 570,280 | ||||||
Wemade Co. Ltd. |
6,387 | 204,463 | ||||||
Yuhan Corp. |
12,390 | 470,243 | ||||||
|
|
|||||||
Total South Korea |
|
281,316,846 |
See Notes to Financial Statements.
WisdomTree Trust | 27 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
Investments | Shares | Value | ||||||
Switzerland – 0.1% | ||||||||
Mediclinic International PLC |
343,977 | $ | 1,882,902 | |||||
Taiwan – 15.6% | ||||||||
Accton Technology Corp. |
375,000 | 3,218,605 | ||||||
Alchip Technologies Ltd.(b) |
41,000 | 1,119,626 | ||||||
AP Memory Technology Corp.(b) |
81,000 | 390,343 | ||||||
ASE Technology Holding Co. Ltd. |
2,333,062 | 5,886,115 | ||||||
Asia Cement Corp. |
728,000 | 903,436 | ||||||
ASMedia Technology, Inc.(b) |
24,000 | 501,937 | ||||||
Asustek Computer, Inc.(b) |
456,000 | 3,360,862 | ||||||
AUO Corp. |
6,384,000 | 2,955,835 | ||||||
Capital Securities Corp.(b) |
2,414,000 | 802,158 | ||||||
Catcher Technology Co. Ltd.(b) |
580,000 | 3,151,280 | ||||||
Cathay Financial Holding Co. Ltd.(b) |
5,530,854 | 6,959,514 | ||||||
Chailease Holding Co. Ltd. |
976,737 | 5,614,492 | ||||||
Cheng Shin Rubber Industry Co. Ltd. |
3,566,000 | 4,009,770 | ||||||
Chroma ATE, Inc. |
316,000 | 1,791,552 | ||||||
CTBC Financial Holding Co. Ltd. |
10,904,672 | 6,817,781 | ||||||
Delta Electronics, Inc. |
1,044,500 | 8,323,365 | ||||||
E.Sun Financial Holding Co. Ltd. |
6,738,292 | 5,465,086 | ||||||
Elite Semiconductor Microelectronics Technology, Inc. |
254,000 | 510,416 | ||||||
ENNOSTAR, Inc. |
420,000 | 548,332 | ||||||
Evergreen Marine Corp. Taiwan Ltd. |
652,800 | 3,001,947 | ||||||
Far Eastern International Bank(b) |
3,373,717 | 1,179,510 | ||||||
Far Eastern New Century Corp. |
3,398,080 | 3,462,405 | ||||||
Feng TAY Enterprise Co. Ltd. |
419,000 | 2,085,168 | ||||||
Formosa Chemicals & Fibre Corp. |
2,978,000 | 6,481,458 | ||||||
Formosa Petrochemical Corp. |
1,646,000 | 4,297,880 | ||||||
Formosa Plastics Corp. |
1,268,000 | 3,458,654 | ||||||
Fubon Financial Holding Co. Ltd.(b) |
4,928,118 | 7,745,538 | ||||||
Genius Electronic Optical Co. Ltd.(b) |
81,000 | 881,461 | ||||||
Giant Manufacturing Co. Ltd. |
120,000 | 776,717 | ||||||
Great Wall Enterprise Co. Ltd. |
11,592 | 16,248 | ||||||
Hiwin Technologies Corp. |
126,752 | 706,640 | ||||||
Hon Hai Precision Industry Co. Ltd. |
6,042,068 | 19,411,350 | ||||||
Hotai Motor Co. Ltd. |
194,000 | 3,495,165 | ||||||
Innolux Corp. |
7,813,000 | 2,571,604 | ||||||
ITEQ Corp. |
168,000 | 309,553 | ||||||
King Yuan Electronics Co. Ltd.(b) |
1,411,000 | 1,368,824 | ||||||
Kinsus Interconnect Technology Corp.(b) |
112,000 | 328,073 | ||||||
Largan Precision Co. Ltd. |
62,000 | 3,270,969 | ||||||
Lien Hwa Industrial Holdings Corp. |
84,105 | 134,307 | ||||||
Lite-On Technology Corp. |
975,000 | 1,959,274 | ||||||
Macronix International Co. Ltd.(b) |
1,233,000 | 1,209,737 | ||||||
MediaTek, Inc.(b) |
784,000 | 13,606,224 | ||||||
Merida Industry Co. Ltd.(b) |
83,000 | 471,873 | ||||||
Micro-Star International Co. Ltd.(b) |
701,000 | 2,373,539 | ||||||
momo.com, Inc.(b) |
37,200 | 625,683 | ||||||
Nan Ya Plastics Corp.(b) |
3,835,000 | 8,080,932 | ||||||
Nan Ya Printed Circuit Board Corp.(b) |
105,000 | 625,059 | ||||||
Novatek Microelectronics Corp.(b) |
388,000 | 2,676,368 | ||||||
Pegatron Corp. |
1,272,000 | 2,343,759 | ||||||
President Chain Store Corp. |
96,000 | 854,200 | ||||||
Quanta Computer, Inc.(b) |
1,774,000 | 4,302,435 | ||||||
Realtek Semiconductor Corp. |
307,000 | 2,610,791 | ||||||
Shanghai Commercial & Savings Bank Ltd. |
2,269,000 | 3,516,167 | ||||||
TA Chen Stainless Pipe(b) |
547,610 | 651,978 | ||||||
Taishin Financial Holding Co. Ltd. |
2,232,494 | 963,343 | ||||||
Taiwan Cement Corp.(b) |
5,165,768 | 5,499,479 | ||||||
Taiwan Mobile Co. Ltd. |
114,000 | 343,267 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. |
9,010,000 | 119,758,733 | ||||||
Tong Hsing Electronic Industries Ltd. |
134,000 | 700,620 | ||||||
Uni-President Enterprises Corp.(b) |
1,595,160 | 3,381,343 | ||||||
Unimicron Technology Corp.(b) |
754,000 | 2,790,482 | ||||||
United Microelectronics Corp.*(b) |
5,929,000 | 6,676,171 | ||||||
Voltronic Power Technology Corp. |
36,000 | 1,593,121 | ||||||
Walsin Lihwa Corp.(b) |
961,977 | 1,227,127 | ||||||
Walsin Technology Corp.(b) |
282,000 | 661,722 | ||||||
Wan Hai Lines Ltd.(b) |
791,750 | 1,665,845 | ||||||
Winbond Electronics Corp. |
2,867,000 | 1,783,466 | ||||||
Wisdom Marine Lines Co. Ltd. |
425,000 | 692,069 | ||||||
Wiwynn Corp.(b) |
69,000 | 1,756,024 | ||||||
Yageo Corp.(b) |
311,396 | 2,638,367 | ||||||
Yieh Phui Enterprise Co. Ltd.(b) |
807,350 | 342,022 | ||||||
Yuanta Financial Holding Co. Ltd. |
9,577,817 | 5,897,708 | ||||||
Zhen Ding Technology Holding Ltd.(b) |
420,000 | 1,402,249 | ||||||
|
|
|||||||
Total Taiwan |
|
332,995,153 | ||||||
Thailand – 2.4% | ||||||||
Advanced Info Service PCL, NVDR |
400,100 | 2,068,385 | ||||||
B Grimm Power PCL, NVDR |
1,261,800 | 1,128,997 | ||||||
Bangkok Expressway & Metro PCL, NVDR(b) |
9,247,500 | 2,255,488 | ||||||
BTS Group Holdings PCL, NVDR |
14,814,800 | 3,259,884 | ||||||
Bumrungrad Hospital PCL, NVDR |
723,900 | 4,356,450 | ||||||
Carabao Group PCL, NVDR(b) |
350,000 | 791,026 | ||||||
Central Pattana PCL, NVDR |
433,600 | 750,064 | ||||||
Central Retail Corp. PCL, NVDR |
2,777,283 | 2,908,343 | ||||||
CP ALL PCL, NVDR |
2,349,400 | 3,503,546 | ||||||
Delta Electronics Thailand PCL, NVDR |
302,900 | 5,251,766 | ||||||
Energy Absolute PCL, NVDR(b) |
1,913,400 | 4,476,605 | ||||||
Gulf Energy Development PCL, NVDR |
4,602,400 | 6,405,779 | ||||||
Hana Microelectronics PCL, NVDR(b) |
443,900 | 432,485 | ||||||
Home Product Center PCL, NVDR |
6,459,800 | 2,311,964 | ||||||
Indorama Ventures PCL, NVDR |
747,500 | 772,866 | ||||||
Intouch Holdings PCL, NVDR |
1,811,000 | 3,492,849 | ||||||
KCE Electronics PCL, NVDR(b) |
298,000 | 341,689 | ||||||
Minor International PCL, NVDR* |
1,186,300 | 833,429 | ||||||
Muangthai Capital PCL, NVDR |
937,500 | 900,964 | ||||||
Osotspa PCL, NVDR |
2,265,300 | 1,636,517 | ||||||
True Corp. PCL, NVDR |
16,422,600 | 2,198,678 | ||||||
|
|
|||||||
Total Thailand |
|
50,077,774 | ||||||
Turkey – 0.4% | ||||||||
Akbank TAS |
3,165,941 | 1,928,067 | ||||||
BIM Birlesik Magazalar AS |
516,958 | 3,226,369 | ||||||
Enka Insaat ve Sanayi AS(b) |
2,926,352 | 2,669,288 |
See Notes to Financial Statements.
28 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
Investments | Shares | Value | ||||||
Turkiye Garanti Bankasi AS(b) |
1,418,889 | $ | 1,487,122 | |||||
|
|
|||||||
Total Turkey |
|
9,310,846 | ||||||
United Kingdom – 0.3% | ||||||||
Avast PLC*† |
570,679 | 4,687,031 | ||||||
Investec PLC(b) |
585,753 | 2,358,656 | ||||||
|
|
|||||||
Total United Kingdom |
|
7,045,687 | ||||||
TOTAL COMMON STOCKS (Cost: $2,800,687,321) |
|
2,134,298,206 | ||||||
RIGHTS – 0.0% | ||||||||
Brazil – 0.0% | ||||||||
Localiza Rent a Car SA, expiring 10/31/22* |
1,931 | 3,927 | ||||||
Philippines – 0.0% | ||||||||
Globe Telecom, Inc., expiring 10/7/22* |
780 | 4,657 | ||||||
TOTAL RIGHTS (Cost: $0) |
|
8,584 | ||||||
Principal Amount |
||||||||
CORPORATE BONDS – 0.0% | ||||||||
India – 0.0% | ||||||||
Britannia
Industries Ltd. |
||||||||
(Cost: $45,084) |
3,280,857 | INR | 39,307 | |||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9% |
| |||||||
United States – 0.9% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(d) |
||||||||
(Cost: $19,740,558) | 19,740,558 | 19,740,558 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 101.1% (Cost: $2,820,472,963) |
|
2,154,086,655 | ||||||
Other Assets less Liabilities – (1.1)% |
|
(22,801,788 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 2,131,284,867 |
* |
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 $6,878,024, which represents 0.32% 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, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $102,016,376. The Fund also had securities on loan having a total market value of $17,882 that were sold and pending settlement. The total market value of the collateral held by the Fund was $115,538,208. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $95,797,650. |
(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, 2022. |
FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER) | ||||||||||||||||||||||||||||
Counterparty | Settlement Date |
Amount and |
Amount and |
Unrealized Appreciation |
Unrealized Depreciation |
|||||||||||||||||||||||
State Street Bank and Trust |
10/3/2022 | 107,782 | USD | 500,000 | MYR | $ | — | $ | (46 | ) | ||||||||||||||||||
State Street Bank and Trust |
10/3/2022 | 157,853 | USD | 6,000,000 | THB | — | (1,214 | ) | ||||||||||||||||||||
$ | — | $ | (1,260 | ) |
See Notes to Financial Statements.
WisdomTree Trust | 29 |
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 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 |
$ | 608,351,244 | $ | — | $ | 924,090 | * | $ | 609,275,334 | |||||||
India |
468,101,072 | — | 1,266,903 | * | 469,367,975 | |||||||||||
Russia |
772,001 | — | 0 | * | 772,001 | |||||||||||
Taiwan |
327,467,714 | 5,527,439 | — | 332,995,153 | ||||||||||||
United Kingdom |
2,358,656 | — | 4,687,031 | * | 7,045,687 | |||||||||||
Other |
714,842,056 | — | — | 714,842,056 | ||||||||||||
Rights |
||||||||||||||||
Philippines |
— | 4,657 | — | 4,657 | ||||||||||||
Brazil |
3,927 | — | — | 3,927 | ||||||||||||
Corporate Bonds |
— | 39,307 | — | 39,307 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 19,740,558 | — | 19,740,558 | ||||||||||||
Total Investments in Securities |
$ | 2,121,896,670 | $ | 25,311,961 | $ | 6,878,024 | $ | 2,154,086,655 | ||||||||
Liabilities: |
||||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (1,260 | ) | $ | — | $ | (1,260 | ) | ||||||
Total – Net |
$ | 2,121,896,670 | $ | 25,310,701 | $ | 6,878,024 | $ | 2,154,085,395 |
* |
Securities are 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.
30 | WisdomTree Trust |
Schedule of Investments (unaudited)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.2% | ||||||||
Brazil – 20.0% | ||||||||
B3 SA – Brasil Bolsa Balcao |
5,277,667 | $ | 12,733,493 | |||||
Banco Bradesco SA |
1,135,869 | 3,425,132 | ||||||
Banco do Brasil SA |
1,253,617 | 8,927,836 | ||||||
Banco Santander Brasil SA |
264,541 | 1,483,897 | ||||||
BB Seguridade Participacoes SA |
404,504 | 1,987,053 | ||||||
BrasilAgro – Co. Brasileira de Propriedades Agricolas |
121,192 | 676,668 | ||||||
Camil Alimentos SA |
155,323 | 272,519 | ||||||
Centrais Eletricas Brasileiras SA |
555,773 | 4,415,276 | ||||||
Cia Brasileira de Distribuicao |
367,404 | 1,317,094 | ||||||
Cia de Saneamento de Minas Gerais-COPASA |
286,517 | 699,229 | ||||||
Cia de Saneamento do Parana |
286,739 | 909,172 | ||||||
Cia Energetica de Minas Gerais |
488,626 | 1,463,479 | ||||||
Cia Paranaense de Energia |
347,885 | 398,770 | ||||||
Cia Siderurgica Nacional SA |
1,046,876 | 2,461,940 | ||||||
CPFL Energia SA |
856,448 | 5,345,625 | ||||||
CSN Mineracao SA |
1,004,416 | 614,662 | ||||||
Cyrela Brazil Realty SA Empreendimentos e Participacoes |
812,861 | 2,757,703 | ||||||
EDP – Energias do Brasil SA |
559,861 | 2,259,587 | ||||||
Engie Brasil Energia SA |
696,890 | 4,961,726 | ||||||
Grendene SA |
623,686 | 815,231 | ||||||
JBS SA |
1,712,815 | 7,954,725 | ||||||
JHSF Participacoes SA |
320,940 | 439,087 | ||||||
Marfrig Global Foods SA |
722,825 | 1,319,002 | ||||||
Minerva SA |
677,478 | 1,570,680 | ||||||
Petroleo Brasileiro SA |
11,900,220 | 72,780,587 | ||||||
Porto Seguro SA |
117,901 | 460,587 | ||||||
Romi SA |
99,048 | 323,211 | ||||||
Sul America SA |
201,729 | 822,752 | ||||||
SYN prop e tech SA |
165,990 | 150,067 | ||||||
Telefonica Brasil SA |
757,180 | 5,668,158 | ||||||
Transmissora Alianca de Energia Eletrica SA |
1,048,059 | 7,547,242 | ||||||
Unipar Carbocloro SA |
17,481 | 277,235 | ||||||
Vale SA |
11,324,690 | 150,832,555 | ||||||
Vibra Energia SA |
2,286,839 | 7,293,227 | ||||||
|
|
|||||||
Total Brazil |
|
315,365,207 | ||||||
Chile – 0.7% | ||||||||
CAP SA |
238,305 | 1,557,297 | ||||||
Cencosud SA |
4,999,376 | 6,393,164 | ||||||
Empresas CMPC SA |
2,557,011 | 3,932,139 | ||||||
|
|
|||||||
Total Chile |
|
11,882,600 | ||||||
China – 26.3% | ||||||||
Agricultural Bank of China Ltd., Class A |
8,131,800 | 3,262,233 | ||||||
Agricultural Bank of China Ltd., Class H |
25,609,000 | 7,666,486 | ||||||
Anhui Conch Cement Co. Ltd., Class A |
564,000 | 2,279,211 | ||||||
Anhui Conch Cement Co. Ltd., Class H |
1,187,500 | 3,766,768 | ||||||
Bank of Beijing Co. Ltd., Class A |
3,137,149 | 1,808,586 | ||||||
Bank of China Ltd., Class A |
4,551,300 | 1,972,678 | ||||||
Bank of China Ltd., Class H |
100,923,000 | 33,041,454 | ||||||
Bank of Communications Co. Ltd., Class A |
4,831,600 | 3,131,087 | ||||||
Bank of Communications Co. Ltd., Class H |
17,576,000 | 9,269,499 | ||||||
Bank of Jiangsu Co. Ltd., Class A |
1,454,670 | 1,518,098 | ||||||
Bank of Nanjing Co. Ltd., Class A |
627,000 | 925,221 | ||||||
Bank of Shanghai Co. Ltd., Class A |
1,553,800 | 1,275,009 | ||||||
Beijing Enterprises Water Group Ltd. |
3,988,000 | 919,538 | ||||||
C&D International Investment Group Ltd. |
792,214 | 2,043,635 | ||||||
Central China New Life Ltd. |
350,000 | 111,021 | ||||||
China CITIC Bank Corp. Ltd., Class H |
9,524,000 | 3,785,383 | ||||||
China Communications Services Corp. Ltd., Class H |
1,950,000 | 655,805 | ||||||
China Construction Bank Corp., Class A |
588,500 | 455,667 | ||||||
China Construction Bank Corp., Class H |
96,911,054 | 56,048,636 | ||||||
China Everbright Bank Co. Ltd., Class A |
3,161,300 | 1,250,481 | ||||||
China Everbright Environment Group Ltd. |
3,748,000 | 1,556,514 | ||||||
China Galaxy Securities Co. Ltd., Class H |
2,593,500 | 1,199,303 | ||||||
China Hongqiao Group Ltd. |
3,676,500 | 3,044,274 | ||||||
China Life Insurance Co. Ltd., Class H |
6,439,000 | 8,251,868 | ||||||
China Merchants Port Holdings Co. Ltd. |
2,372,000 | 2,982,413 | ||||||
China Merchants Securities Co. Ltd., Class H(a)(b) |
535,400 | 463,792 | ||||||
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A |
699,182 | 1,602,524 | ||||||
China Minsheng Banking Corp. Ltd., Class A |
4,380,300 | 2,082,887 | ||||||
China National Building Material Co. Ltd., Class H |
5,002,000 | 3,829,606 | ||||||
China Pacific Insurance Group Co. Ltd., Class A |
448,000 | 1,277,549 | ||||||
China Pacific Insurance Group Co. Ltd., Class H |
1,161,600 | 2,139,739 | ||||||
China Petroleum & Chemical Corp., Class A |
4,000,700 | 2,407,440 | ||||||
China Petroleum & Chemical Corp., Class H |
43,416,000 | 18,638,699 | ||||||
China Railway Group Ltd., Class H |
4,292,000 | 2,105,020 | ||||||
China Reinsurance Group Corp., Class H |
4,684,000 | 289,397 | ||||||
China Resources Land Ltd. |
2,834,000 | 11,155,633 | ||||||
China Risun Group Ltd. |
1,358,000 | 531,097 | ||||||
China Shenhua Energy Co. Ltd., Class A |
929,600 | 4,125,673 | ||||||
China Shenhua Energy Co. Ltd., Class H |
8,099,000 | 24,194,136 | ||||||
China Vanke Co. Ltd., Class A |
1,860,100 | 4,652,109 | ||||||
China Vanke Co. Ltd., Class H |
2,425,700 | 4,418,847 | ||||||
Chongqing Water Group Co. Ltd., Class A |
449,100 | 320,644 | ||||||
CIFI Holdings Group Co. Ltd.(b) |
6,299,280 | 641,973 | ||||||
CITIC Ltd. |
8,808,000 | 8,303,189 | ||||||
CITIC Telecom International Holdings Ltd. |
3,956,000 | 1,280,047 | ||||||
Consun Pharmaceutical Group Ltd. |
894,000 | 382,660 | ||||||
COSCO Shipping Development Co. Ltd., Class H |
2,927,000 | 369,142 | ||||||
COSCO Shipping Energy Transportation Co. Ltd., Class H*(b) |
1,554,000 | 1,292,707 | ||||||
CSC Financial Co. Ltd., Class H(a) |
273,500 | 209,047 | ||||||
Datang International Power Generation Co. Ltd., Class H* |
4,168,000 | 796,443 | ||||||
Excellence Commercial Property & Facilities Management Group Ltd. |
463,000 | 162,200 |
See Notes to Financial Statements.
WisdomTree Trust | 31 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2022
Investments | Shares | Value | ||||||
Fangda Special Steel Technology Co. Ltd., Class A |
819,600 | $ | 693,237 | |||||
FAW Jiefang Group Co. Ltd., Class A |
355,800 | 358,338 | ||||||
Fufeng Group Ltd. |
1,189,000 | 607,382 | ||||||
Fujian Sunner Development Co. Ltd., Class A |
202,200 | 549,097 | ||||||
Gemdale Corp., Class A |
1,230,709 | 1,983,525 | ||||||
Genertec Universal Medical Group Co. Ltd.(a) |
1,030,000 | 527,472 | ||||||
Greenland Holdings Corp. Ltd., Class A* |
967,054 | 378,458 | ||||||
Greenland Hong Kong Holdings Ltd. |
493,000 | 33,914 | ||||||
Guangdong Investment Ltd. |
3,476,000 | 2,785,264 | ||||||
Guotai Junan Securities Co. Ltd., Class H(a)(b) |
963,400 | 1,023,549 | ||||||
Haitong Securities Co. Ltd., Class A |
1,156,300 | 1,404,594 | ||||||
Haitong Securities Co. Ltd., Class H |
2,445,600 | 1,296,029 | ||||||
Henan Shuanghui Investment & Development Co. Ltd., Class A |
438,200 | 1,503,457 | ||||||
Hengan International Group Co. Ltd. |
842,000 | 3,764,914 | ||||||
Hisense Home Appliances Group Co. Ltd., Class H |
487,000 | 442,338 | ||||||
Huadian Power International Corp. Ltd., Class H(b) |
6,690,000 | 2,445,929 | ||||||
Huaibei Mining Holdings Co. Ltd., Class A |
233,089 | 550,914 | ||||||
Huaxin Cement Co. Ltd., Class A |
236,200 | 554,954 | ||||||
Industrial & Commercial Bank of China Ltd., Class A |
4,194,500 | 2,559,362 | ||||||
Industrial & Commercial Bank of China Ltd., Class H |
73,392,823 | 34,406,246 | ||||||
Industrial Bank Co. Ltd., Class A |
1,487,600 | 3,474,263 | ||||||
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A |
818,600 | 451,260 | ||||||
Jiangsu Expressway Co. Ltd., Class H |
2,919,727 | 2,190,753 | ||||||
Jiangsu Zhongnan Construction Group Co. Ltd., Class A* |
1,483,900 | 482,897 | ||||||
Jizhong Energy Resources Co. Ltd., Class A |
416,600 | 423,662 | ||||||
JNBY Design Ltd. |
411,500 | 402,069 | ||||||
Kingboard Holdings Ltd. |
1,032,000 | 2,918,559 | ||||||
Kingfa Sci & Tech Co. Ltd., Class A |
374,600 | 492,871 | ||||||
Lakala Payment Co. Ltd., Class A* |
127,800 | 245,233 | ||||||
Lee & Man Paper Manufacturing Ltd. |
2,207,000 | 708,498 | ||||||
Livzon Pharmaceutical Group, Inc., Class H |
210,900 | 528,734 | ||||||
Longfor Group Holdings Ltd.(a) |
1,696,000 | 4,872,011 | ||||||
Lonking Holdings Ltd. |
4,591,000 | 672,575 | ||||||
Maanshan Iron & Steel Co. Ltd., Class H |
680,000 | 141,199 | ||||||
Nanjing Iron & Steel Co. Ltd., Class A |
1,488,200 | 569,884 | ||||||
New China Life Insurance Co. Ltd., Class H |
197,000 | 375,936 | ||||||
PetroChina Co. Ltd., Class H |
41,684,000 | 17,098,623 | ||||||
PICC Property & Casualty Co. Ltd., Class H |
4,564,000 | 4,732,667 | ||||||
Ping An Insurance Group Co. of China Ltd., Class A |
1,020,300 | 5,950,790 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H |
2,921,000 | 14,586,581 | ||||||
Poly Developments and Holdings Group Co. Ltd., Class A |
1,806,000 | 4,559,870 | ||||||
Poly Property Group Co. Ltd. |
4,699,000 | 838,049 | ||||||
Postal Savings Bank of China Co. Ltd., Class A |
1,396,700 | 873,776 | ||||||
Postal Savings Bank of China Co. Ltd., Class H(a)(b) |
1,757,000 | 1,036,307 | ||||||
Powerlong Real Estate Holdings Ltd.(b) |
2,228,000 | 227,060 | ||||||
Qingdao Port International Co. Ltd., Class H(a) |
2,524,000 | 1,080,350 | ||||||
RiseSun Real Estate Development Co. Ltd., Class A* |
1,306,300 | 430,599 | ||||||
Shaanxi Coal Industry Co. Ltd., Class A |
926,500 | 2,959,175 | ||||||
Shanghai Industrial Holdings Ltd. |
857,000 | 927,974 | ||||||
Shanghai Pudong Development Bank Co. Ltd., Class A |
1,976,300 | 1,951,586 | ||||||
Shenzhen Expressway Corp. Ltd., Class H |
1,598,000 | 1,168,489 | ||||||
Shenzhen Overseas Chinese Town Co. Ltd., Class A |
1,126,600 | 760,111 | ||||||
Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A |
200,800 | 611,485 | ||||||
Shougang Fushan Resources Group Ltd. |
4,376,739 | 1,276,797 | ||||||
Sino-Ocean Group Holding Ltd. |
7,275,000 | 759,946 | ||||||
Sinopec Engineering Group Co. Ltd., Class H |
2,921,000 | 1,172,136 | ||||||
Sinopec Kantons Holdings Ltd. |
1,322,000 | 365,449 | ||||||
Sinotrans Ltd., Class H |
1,498,000 | 377,844 | ||||||
SITC International Holdings Co. Ltd. |
2,655,000 | 4,910,967 | ||||||
Tech-Bank Food Co. Ltd., Class A* |
519,800 | 495,072 | ||||||
Tian Lun Gas Holdings Ltd. |
667,000 | 293,144 | ||||||
Tianli International Holdings Ltd.*(b) |
1,792,000 | 328,728 | ||||||
Tingyi Cayman Islands Holding Corp. |
2,190,000 | 3,777,449 | ||||||
Uni-President China Holdings Ltd. |
1,756,000 | 1,474,164 | ||||||
Xiamen C & D, Inc., Class A |
461,800 | 897,152 | ||||||
Xinyi Glass Holdings Ltd. |
3,236,000 | 4,707,719 | ||||||
Yango Group Co. Ltd., Class A* |
1,234,900 | 337,776 | ||||||
Yankuang Energy Group Co. Ltd., Class H(b) |
1,362,000 | 4,953,579 | ||||||
Yuexiu Transport Infrastructure Ltd. |
1,506,000 | 612,000 | ||||||
Zhejiang Expressway Co. Ltd., Class H |
1,918,000 | 1,307,189 | ||||||
|
|
|||||||
Total China |
|
414,553,048 | ||||||
Hong Kong – 0.1% | ||||||||
Kingboard Laminates Holdings Ltd.(b) |
906,500 | 816,438 | ||||||
Perfect Medical Health Management Ltd. |
1,257,000 | 534,832 | ||||||
Wasion Holdings Ltd. |
1,118,000 | 283,420 | ||||||
|
|
|||||||
Total Hong Kong |
|
1,634,690 | ||||||
India – 7.5% | ||||||||
Ambuja Cements Ltd. |
1,281,924 | 8,124,768 | ||||||
Bharat Petroleum Corp. Ltd. |
3,780,741 | 14,165,361 | ||||||
CESC Ltd. |
1,349,497 | 1,282,293 | ||||||
Coal India Ltd. |
1,958,080 | 5,108,741 | ||||||
Gujarat Pipavav Port Ltd. |
362,174 | 387,990 | ||||||
Hindustan Petroleum Corp. Ltd. |
1,755,457 | 4,667,480 | ||||||
Indiabulls Housing Finance Ltd.* |
315,614 | 460,708 | ||||||
IRCON International Ltd.(a) |
687,686 | 333,905 | ||||||
ITC Ltd. |
5,357,447 | 21,877,278 | ||||||
Mindspace Business Parks REIT(a) |
379,311 | 1,698,411 | ||||||
NHPC Ltd. |
5,759,683 | 2,527,566 | ||||||
NMDC Ltd. |
1,902,035 | 2,986,862 | ||||||
NTPC Ltd. |
8,075,459 | 15,847,907 | ||||||
Oracle Financial Services Software Ltd. |
43,145 | 1,581,782 | ||||||
Petronet LNG Ltd. |
1,418,459 | 3,485,502 |
See Notes to Financial Statements.
32 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2022
Investments | Shares | Value | ||||||
Power Finance Corp. Ltd. |
1,793,038 | $ | 2,305,457 | |||||
Power Grid Corp. of India Ltd. |
6,950,340 | 18,129,557 | ||||||
PTC India Ltd. |
520,897 | 491,435 | ||||||
Rail Vikas Nigam Ltd. |
1,516,595 | 628,254 | ||||||
REC Ltd. |
1,334,351 | 1,541,820 | ||||||
SJVN Ltd. |
1,495,710 | 570,880 | ||||||
Vedanta Ltd. |
3,006,612 | 9,980,616 | ||||||
|
|
|||||||
Total India |
|
118,184,573 | ||||||
Indonesia – 2.0% | ||||||||
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT |
6,751,725 | 600,794 | ||||||
Hanjaya Mandala Sampoerna Tbk PT |
14,596,100 | 872,267 | ||||||
Indocement Tunggal Prakarsa Tbk PT |
3,352,700 | 2,091,653 | ||||||
Indofood Sukses Makmur Tbk PT |
4,379,700 | 1,732,897 | ||||||
Puradelta Lestari Tbk PT |
37,535,500 | 423,977 | ||||||
Telkom Indonesia Persero Tbk PT |
81,334,300 | 23,822,097 | ||||||
Unilever Indonesia Tbk PT |
5,544,700 | 1,758,720 | ||||||
|
|
|||||||
Total Indonesia |
|
31,302,405 | ||||||
Malaysia – 2.8% | ||||||||
Astro Malaysia Holdings Bhd |
4,991,500 | 823,485 | ||||||
British American Tobacco Malaysia Bhd |
241,600 | 534,573 | ||||||
Bursa Malaysia Bhd |
623,500 | 835,009 | ||||||
Eco World Development Group Bhd |
2,077,300 | 273,270 | ||||||
Hartalega Holdings Bhd |
3,624,000 | 1,297,356 | ||||||
Malayan Banking Bhd |
11,086,483 | 20,513,700 | ||||||
MISC Bhd |
1,542,300 | 2,248,425 | ||||||
Petronas Gas Bhd |
1,386,100 | 4,932,208 | ||||||
Public Bank Bhd |
9,964,900 | 9,090,258 | ||||||
Sime Darby Bhd |
5,755,800 | 2,656,332 | ||||||
Uchi Technologies Bhd |
679,000 | 475,900 | ||||||
|
|
|||||||
Total Malaysia |
|
43,680,516 | ||||||
Mexico – 3.9% | ||||||||
Alpek SAB de CV(b) |
790,982 | 1,026,320 | ||||||
Arca Continental SAB de CV |
921,284 | 6,644,516 | ||||||
Banco del Bajio SA(a) |
735,593 | 1,862,441 | ||||||
Coca-Cola Femsa SAB de CV |
936,854 | 5,482,512 | ||||||
Corp. Inmobiliaria Vesta SAB de CV |
1,310,978 | 2,446,246 | ||||||
Fibra Uno Administracion SA de CV |
7,086,749 | 7,306,145 | ||||||
Grupo Aeroportuario del Pacifico SAB de CV, Class B |
630,946 | 7,987,433 | ||||||
Grupo Mexico SAB de CV, Series B |
7,654,647 | 25,932,341 | ||||||
Kimberly-Clark de Mexico SAB de CV, Class A(b) |
1,995,466 | 2,670,545 | ||||||
Regional SAB de CV |
150,938 | 852,219 | ||||||
|
|
|||||||
Total Mexico |
|
62,210,718 | ||||||
Philippines – 0.5% | ||||||||
DMCI Holdings, Inc. |
8,530,300 | 1,439,056 | ||||||
LT Group, Inc. |
4,671,100 | 658,137 | ||||||
Manila Electric Co. |
340,880 | 1,529,236 | ||||||
PLDT, Inc. |
116,884 | 3,006,585 | ||||||
Semirara Mining & Power Corp. |
1,759,700 | 1,170,632 | ||||||
|
|
|||||||
Total Philippines |
|
7,803,646 | ||||||
Poland – 0.5% | ||||||||
Ciech SA |
50,876 | 327,362 | ||||||
Polski Koncern Naftowy Orlen SA |
437,780 | 4,745,645 | ||||||
Powszechny Zaklad Ubezpieczen SA |
659,929 | 3,094,544 | ||||||
|
|
|||||||
Total Poland |
|
8,167,551 | ||||||
Russia – 0.0% | ||||||||
Evraz PLC† |
2,288,532 | 0 | ||||||
Magnit PJSC† |
200,621 | 0 | ||||||
Magnitogorsk Iron & Steel Works PJSC, GDR†(c) |
298,929 | 0 | ||||||
MMC Norilsk Nickel PJSC† |
148,532 | 0 | ||||||
Mobile TeleSystems PJSC, ADR† |
1,549,581 | 0 | ||||||
Novolipetsk Steel PJSC†(c) |
5,213,400 | 0 | ||||||
PhosAgro PJSC† |
97,648 | 0 | ||||||
Polyus PJSC† |
35,479 | 0 | ||||||
Sberbank of Russia PJSC*† |
9,700,476 | 0 | ||||||
Severstal PAO, GDR†(c) |
775,843 | 0 | ||||||
Tatneft PJSC† |
1,374,967 | 0 | ||||||
|
|
|||||||
Total Russia |
|
0 | ||||||
South Africa – 7.0% | ||||||||
AECI Ltd. |
206,868 | 993,110 | ||||||
African Rainbow Minerals Ltd.(b) |
293,649 | 3,995,162 | ||||||
Anglo American Platinum Ltd. |
105,810 | 7,584,409 | ||||||
Astral Foods Ltd. |
50,647 | 544,387 | ||||||
AVI Ltd. |
673,390 | 2,727,656 | ||||||
Cashbuild Ltd.(b) |
102,179 | 1,131,374 | ||||||
Coronation Fund Managers Ltd. |
476,689 | 796,758 | ||||||
DRDGOLD Ltd.(b) |
738,480 | 405,142 | ||||||
Equites Property Fund Ltd. |
1,418,286 | 1,270,519 | ||||||
Exxaro Resources Ltd.(b) |
1,018,109 | 11,467,286 | ||||||
Gold Fields Ltd. |
882,931 | 7,243,743 | ||||||
Impala Platinum Holdings Ltd.(b) |
2,015,350 | 19,025,981 | ||||||
JSE Ltd. |
89,612 | 504,191 | ||||||
Kumba Iron Ore Ltd. |
156,538 | 3,377,946 | ||||||
MultiChoice Group |
806,389 | 5,188,528 | ||||||
Oceana Group Ltd. |
167,312 | 495,815 | ||||||
Resilient REIT Ltd. |
642,763 | 1,714,512 | ||||||
Royal Bafokeng Platinum Ltd. |
433,068 | 3,458,761 | ||||||
Sanlam Ltd. |
1,067,281 | 3,063,626 | ||||||
Sibanye Stillwater Ltd. |
7,115,301 | 16,631,732 | ||||||
SPAR Group Ltd. |
374,322 | 2,985,828 | ||||||
Tiger Brands Ltd. |
193,658 | 1,825,757 | ||||||
Truworths International Ltd.(b) |
1,033,202 | 2,865,774 | ||||||
Vodacom Group Ltd. |
1,591,593 | 10,811,054 | ||||||
|
|
|||||||
Total South Africa |
|
110,109,051 | ||||||
South Korea – 4.2% | ||||||||
Daishin Securities Co. Ltd. |
39,626 | 380,833 | ||||||
DGB Financial Group, Inc. |
96,684 | 471,019 | ||||||
DN Automotive Corp. |
6,686 | 287,871 | ||||||
Dongsung Chemical Co. Ltd. |
108,150 | 348,859 | ||||||
GS Holdings Corp. |
90,498 | 2,637,706 | ||||||
Hana Financial Group, Inc. |
183,881 | 4,556,218 | ||||||
Hansol Paper Co. Ltd. |
37,814 | 396,456 |
See Notes to Financial Statements.
WisdomTree Trust | 33 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2022
Investments | Shares | Value | ||||||
Hyundai Motor Securities Co. Ltd. |
43,102 | $ | 292,830 | |||||
iMarketKorea, Inc. |
52,546 | 381,966 | ||||||
Industrial Bank of Korea |
76,395 | 508,339 | ||||||
JB Financial Group Co. Ltd. |
115,393 | 561,358 | ||||||
KB Financial Group, Inc. |
240,355 | 7,341,521 | ||||||
KCC Glass Corp. |
22,523 | 628,919 | ||||||
Koentec Co. Ltd. |
60,559 | 343,282 | ||||||
Korea Asset In Trust Co. Ltd. |
119,612 | 257,918 | ||||||
Korean Reinsurance Co. |
76,058 | 417,317 | ||||||
KT Corp., ADR(b) |
397,743 | 4,860,420 | ||||||
KT&G Corp. |
267,404 | 16,185,914 | ||||||
Kumho E&C Co. Ltd. |
49,912 | 260,253 | ||||||
Kyobo Securities Co. Ltd. |
42,046 | 166,632 | ||||||
Kyungdong Pharm Co. Ltd. |
32,168 | 160,986 | ||||||
LG Uplus Corp. |
244,901 | 1,840,138 | ||||||
Macquarie Korea Infrastructure Fund |
895,491 | 7,354,455 | ||||||
Meritz Fire & Marine Insurance Co. Ltd. |
42,754 | 881,557 | ||||||
Meritz Securities Co. Ltd. |
395,787 | 1,016,647 | ||||||
NH Investment & Securities Co. Ltd. |
137,973 | 866,972 | ||||||
Orion Holdings Corp. |
30,387 | 314,341 | ||||||
Samsung Card Co. Ltd. |
14,734 | 311,013 | ||||||
Samsung Securities Co. Ltd. |
58,744 | 1,262,583 | ||||||
Shinhan Financial Group Co. Ltd. |
322,357 | 7,548,025 | ||||||
SSANGYONG C&E Co. Ltd. |
180,548 | 740,768 | ||||||
TS Corp. |
169,066 | 305,470 | ||||||
Woori Financial Group, Inc. |
302,314 | 2,260,963 | ||||||
|
|
|||||||
Total South Korea |
|
66,149,549 | ||||||
Taiwan – 20.0% | ||||||||
AcBel Polytech, Inc.(b) |
397,000 | 351,997 | ||||||
Acer, Inc.(b) |
4,450,000 | 3,069,545 | ||||||
Arcadyan Technology Corp.(b) |
280,000 | 840,467 | ||||||
Asia Cement Corp.(b) |
7,166,000 | 8,892,891 | ||||||
ASROCK, Inc.(b) |
75,000 | 201,502 | ||||||
Asustek Computer, Inc.(b) |
2,136,000 | 15,742,984 | ||||||
C Sun Manufacturing Ltd. |
381,470 | 546,691 | ||||||
Capital Securities Corp. |
2,354,000 | 782,220 | ||||||
Catcher Technology Co. Ltd.(b) |
1,489,000 | 8,090,097 | ||||||
Cathay Financial Holding Co. Ltd.(b) |
7,579,000 | 9,536,711 | ||||||
Cathay Real Estate Development Co. Ltd. |
681,000 | 344,264 | ||||||
Charoen Pokphand Enterprise |
560,500 | 1,403,501 | ||||||
Cheng Loong Corp.(b) |
1,339,000 | 1,121,843 | ||||||
Cheng Uei Precision Industry Co. Ltd. |
614,000 | 655,599 | ||||||
Chicony Electronics Co. Ltd. |
1,834,386 | 4,760,887 | ||||||
Chicony Power Technology Co. Ltd. |
324,000 | 682,718 | ||||||
China Bills Finance Corp.(b) |
1,100,000 | 511,040 | ||||||
China Development Financial Holding Corp.(b) |
10,967,000 | 4,145,138 | ||||||
China Steel Structure Co. Ltd.(b) |
172,000 | 284,960 | ||||||
ChipMOS Technologies, Inc. |
401,000 | 378,910 | ||||||
Chong Hong Construction Co. Ltd. |
351,000 | 809,260 | ||||||
Chung-Hsin Electric & Machinery Manufacturing Corp.(b) |
514,000 | 921,182 | ||||||
Cleanaway Co. Ltd. |
168,000 | 923,368 | ||||||
Compal Electronics, Inc.(b) |
7,196,000 | 4,918,366 | ||||||
Continental Holdings Corp. |
794,000 | 754,011 | ||||||
CTBC Financial Holding Co. Ltd. |
15,768,000 | 9,858,414 | ||||||
CTCI Corp. |
823,000 | 1,182,047 | ||||||
D-Link Corp.*(b) |
608,480 | 281,730 | ||||||
Darfon Electronics Corp.(b) |
469,000 | 582,021 | ||||||
Daxin Materials Corp. |
118,000 | 236,379 | ||||||
Edom Technology Co. Ltd.(b) |
369,000 | 316,711 | ||||||
Elan Microelectronics Corp. |
354,000 | 927,676 | ||||||
Everlight Electronics Co. Ltd. |
416,000 | 456,632 | ||||||
Far Eastern Department Stores Ltd. |
1,531,000 | 940,329 | ||||||
Far Eastern New Century Corp. |
4,647,000 | 4,734,966 | ||||||
Far EasTone Telecommunications Co. Ltd. |
2,208,000 | 5,035,094 | ||||||
Farglory Land Development Co. Ltd. |
488,000 | 883,807 | ||||||
Feng Hsin Steel Co. Ltd. |
629,000 | 1,180,774 | ||||||
First Financial Holding Co. Ltd. |
5,953,833 | 4,875,733 | ||||||
FLEXium Interconnect, Inc.*(b) |
365,000 | 999,039 | ||||||
Flytech Technology Co. Ltd. |
198,000 | 429,689 | ||||||
Formosan Union Chemical(b) |
724,000 | 513,087 | ||||||
Fubon Financial Holding Co. Ltd. |
6,516,668 | 10,242,267 | ||||||
Getac Holdings Corp.(b) |
1,015,000 | 1,350,712 | ||||||
Gigabyte Technology Co. Ltd.(b) |
467,000 | 1,298,816 | ||||||
Global Mixed Mode Technology, Inc.(b) |
91,000 | 346,814 | ||||||
Goldsun Building Materials Co. Ltd. |
1,700,000 | 1,285,080 | ||||||
Great Wall Enterprise Co. Ltd. |
1,443,724 | 2,023,551 | ||||||
Highwealth Construction Corp.(b) |
1,954,819 | 2,401,271 | ||||||
Hiyes International Co. Ltd. |
184,500 | 394,000 | ||||||
Ho Tung Chemical Corp. |
1,350,000 | 375,461 | ||||||
Holtek Semiconductor, Inc.(b) |
309,000 | 648,190 | ||||||
Holy Stone Enterprise Co. Ltd.(b) |
308,000 | 843,025 | ||||||
Hon Hai Precision Industry Co. Ltd. |
12,577,000 | 40,406,123 | ||||||
Hong TAI Electric Industrial |
308,000 | 143,576 | ||||||
Hsing TA Cement Co. |
476,000 | 224,889 | ||||||
Huaku Development Co. Ltd. |
330,000 | 940,660 | ||||||
Huang Hsiang Construction Corp. |
440,000 | 556,427 | ||||||
Hung Ching Development & Construction Co. Ltd. |
277,000 | 177,547 | ||||||
Hung Sheng Construction Ltd. |
419,000 | 325,313 | ||||||
I-Sheng Electric Wire & Cable Co. Ltd. |
460,000 | 595,483 | ||||||
IBF Financial Holdings Co. Ltd. |
2,236,350 | 813,564 | ||||||
Inventec Corp.(b) |
5,195,000 | 3,747,063 | ||||||
ITE Technology, Inc.(b) |
240,000 | 442,975 | ||||||
Jia Wei Lifestyle, Inc. |
207,000 | 320,127 | ||||||
Kindom Development Co. Ltd. |
512,000 | 408,000 | ||||||
King Yuan Electronics Co. Ltd.(b) |
1,198,000 | 1,162,191 | ||||||
King’s Town Bank Co. Ltd. |
784,000 | 832,177 | ||||||
Kung Long Batteries Industrial Co. Ltd. |
176,000 | 765,000 | ||||||
Lelon Electronics Corp. |
151,000 | 231,858 | ||||||
Lite-On Technology Corp. |
7,531,000 | 15,133,636 | ||||||
Mega Financial Holding Co. Ltd. |
7,143,034 | 7,008,268 | ||||||
Micro-Star International Co. Ltd.(b) |
848,000 | 2,871,272 | ||||||
Mirle Automation Corp.(b) |
313,000 | 370,683 | ||||||
Nak Sealing Technologies Corp. |
191,000 | 583,546 | ||||||
Namchow Holdings Co. Ltd. |
240,000 | 337,144 | ||||||
Nan Liu Enterprise Co. Ltd. |
112,000 | 242,704 | ||||||
Nantex Industry Co. Ltd. |
338,000 | 381,127 |
See Notes to Financial Statements.
34 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2022
Investments | Shares | Value | ||||||
Nichidenbo Corp. |
589,000 | $ | 889,557 | |||||
Pan German Universal Motors Ltd. |
65,000 | 423,793 | ||||||
Pegatron Corp. |
3,668,000 | 6,758,575 | ||||||
Powertech Technology, Inc. |
1,465,000 | 3,557,640 | ||||||
President Securities Corp.(b) |
1,244,000 | 579,899 | ||||||
Primax Electronics Ltd.(b) |
582,000 | 1,169,536 | ||||||
Promate Electronic Co. Ltd. |
622,000 | 705,282 | ||||||
Qisda Corp.(b) |
3,189,000 | 2,722,035 | ||||||
Quanta Computer, Inc.(b) |
7,469,990 | 18,116,767 | ||||||
Radium Life Tech Co. Ltd. |
774,000 | 234,523 | ||||||
Rexon Industrial Corp. Ltd.(b) |
280,000 | 262,811 | ||||||
Sampo Corp. |
1,208,000 | 994,967 | ||||||
Sanyang Motor Co. Ltd.(b) |
859,000 | 1,036,244 | ||||||
Shanghai Commercial & Savings Bank Ltd. |
2,204,000 | 3,415,440 | ||||||
Shin Foong Specialty & Applied Materials Co. Ltd.(b) |
76,000 | 128,785 | ||||||
Shin Kong Financial Holding Co. Ltd. |
6,435,776 | 1,664,233 | ||||||
Shin Zu Shing Co. Ltd.(b) |
310,000 | 879,744 | ||||||
Sigurd Microelectronics Corp.(b) |
661,000 | 884,831 | ||||||
Sinon Corp. |
780,000 | 950,770 | ||||||
SinoPac Financial Holdings Co. Ltd. |
6,906,384 | 3,763,282 | ||||||
Sinyi Realty, Inc. |
645,000 | 593,215 | ||||||
Sonix Technology Co. Ltd.(b) |
362,000 | 554,704 | ||||||
Standard Foods Corp.(b) |
424,000 | 510,819 | ||||||
Stark Technology, Inc. |
280,000 | 721,409 | ||||||
Sunonwealth Electric Machine Industry Co. Ltd. |
383,000 | 434,885 | ||||||
Supreme Electronics Co. Ltd. |
707,539 | 758,818 | ||||||
Symtek Automation Asia Co. Ltd.(b) |
112,000 | 301,263 | ||||||
Syncmold Enterprise Corp.(b) |
260,000 | 518,379 | ||||||
Synnex Technology International Corp. |
3,414,000 | 5,677,634 | ||||||
Systex Corp. |
363,000 | 794,623 | ||||||
TA-I Technology Co. Ltd.(b) |
176,000 | 222,016 | ||||||
Taiflex Scientific Co. Ltd.(b) |
384,000 | 478,352 | ||||||
Taisun Enterprise Co. Ltd.(b) |
478,000 | 535,226 | ||||||
Taita Chemical Co. Ltd. |
133,200 | 90,411 | ||||||
Taiwan Cement Corp.(b) |
9,908,916 | 10,549,036 | ||||||
Taiwan Cogeneration Corp. |
723,000 | 782,231 | ||||||
Taiwan FU Hsing Industrial Co. Ltd. |
572,000 | 746,776 | ||||||
Taiwan Hon Chuan Enterprise Co. Ltd. |
544,000 | 1,435,863 | ||||||
Taiwan Mobile Co. Ltd. |
1,797,253 | 5,411,742 | ||||||
Taiwan PCB Techvest Co. Ltd. |
741,000 | 791,203 | ||||||
Taiwan Sakura Corp. |
283,000 | 556,213 | ||||||
Taiwan Secom Co. Ltd. |
499,000 | 1,587,420 | ||||||
Taiwan-Asia Semiconductor Corp.(b) |
760,000 | 804,309 | ||||||
Test Research, Inc. |
313,000 | 613,204 | ||||||
Topco Scientific Co. Ltd. |
366,435 | 1,783,181 | ||||||
Transcend Information, Inc.(b) |
246,000 | 499,764 | ||||||
Tripod Technology Corp. |
712,000 | 2,094,579 | ||||||
Unitech Computer Co. Ltd. |
301,000 | 273,990 | ||||||
United Integrated Services Co. Ltd. |
607,000 | 2,867,807 | ||||||
Universal Cement Corp. |
738,000 | 476,519 | ||||||
Wah Lee Industrial Corp. |
216,000 | 568,081 | ||||||
Weikeng Industrial Co. Ltd.(b) |
748,000 | 600,775 | ||||||
WinWay Technology Co. Ltd. |
26,000 | 307,096 | ||||||
Wistron Corp.(b) |
5,302,561 | 4,434,250 | ||||||
WPG Holdings Ltd. |
2,357,280 | 3,448,791 | ||||||
WT Microelectronics Co. Ltd. |
414,000 | 766,739 | ||||||
YC INOX Co. Ltd.(b) |
460,000 | 395,540 | ||||||
YFY, Inc.(b) |
1,571,000 | 1,172,720 | ||||||
Yuanta Financial Holding Co. Ltd. |
8,155,810 | 5,022,082 | ||||||
Yulon Nissan Motor Co. Ltd.(b) |
139,000 | 831,837 | ||||||
Zeng Hsing Industrial Co. Ltd.(b) |
128,000 | 503,953 | ||||||
Zenitron Corp.(b) |
489,000 | 401,994 | ||||||
ZongTai Real Estate Development Co. Ltd. |
813,821 | 820,255 | ||||||
|
|
|||||||
Total Taiwan |
|
316,213,238 | ||||||
Thailand – 2.2% | ||||||||
Asia Plus Group Holdings PCL, NVDR(b) |
5,100,800 | 405,684 | ||||||
Bangkok Insurance PCL, NVDR |
56,400 | 420,159 | ||||||
BG Container Glass PCL, NVDR |
587,500 | 154,974 | ||||||
Dynasty Ceramic PCL, NVDR |
10,656,000 | 757,107 | ||||||
Eastern Water Resources Development and Management PCL, NVDR |
350,500 | 52,965 | ||||||
Haad Thip PCL, NVDR(b) |
419,000 | 324,914 | ||||||
Kiatnakin Phatra Bank PCL, NVDR |
458,400 | 835,498 | ||||||
Land & Houses PCL, NVDR |
9,423,400 | 2,223,443 | ||||||
LPN Development PCL, NVDR(b) |
5,604,600 | 647,828 | ||||||
MCS Steel PCL, NVDR(b) |
548,200 | 146,787 | ||||||
Noble Development PCL, Class C, NVDR(b) |
4,557,900 | 553,425 | ||||||
Pruksa Holding PCL, NVDR |
2,229,000 | 709,120 | ||||||
PTT Exploration & Production PCL, NVDR |
1,350,000 | 5,744,300 | ||||||
PTT Global Chemical PCL, NVDR |
1,758,700 | 1,934,943 | ||||||
PTT PCL, NVDR |
10,054,500 | 9,062,911 | ||||||
Quality Houses PCL, NVDR |
8,915,000 | 505,782 | ||||||
Ratch Group PCL, NVDR |
288,100 | 313,152 | ||||||
Regional Container Lines PCL, NVDR |
430,100 | 330,671 | ||||||
SC Asset Corp. PCL, NVDR |
7,733,200 | 758,559 | ||||||
Siam City Cement PCL, NVDR(b) |
218,100 | 884,658 | ||||||
Somboon Advance Technology PCL, NVDR |
1,004,200 | 535,112 | ||||||
SPCG PCL, NVDR |
1,133,200 | 447,632 | ||||||
Sri Trang Agro-Industry PCL, NVDR |
2,428,100 | 1,255,248 | ||||||
Sri Trang Gloves Thailand PCL, NVDR(b) |
3,656,800 | 1,105,183 | ||||||
Thai Vegetable Oil PCL, NVDR |
786,186 | 609,649 | ||||||
Thanachart Capital PCL, NVDR |
920,000 | 945,122 | ||||||
TMT Steel PCL, NVDR(b) |
1,319,200 | 279,788 | ||||||
TPI Polene Power PCL, NVDR(b) |
6,576,200 | 613,686 | ||||||
TTW PCL, NVDR |
4,090,377 | 1,073,561 | ||||||
United Paper PCL, NVDR |
753,400 | 327,565 | ||||||
WHA Utilities and Power PCL, NVDR(b) |
4,423,700 | 469,109 | ||||||
|
|
|||||||
Total Thailand | 34,428,535 | |||||||
Turkey – 1.5% | ||||||||
Aksa Akrilik Kimya Sanayii AS |
283,340 | 879,587 | ||||||
Arcelik AS(b) |
488,586 | 1,771,070 | ||||||
BIM Birlesik Magazalar AS |
766,844 | 4,785,924 | ||||||
Dogus Otomotiv Servis ve Ticaret AS |
147,220 | 771,895 | ||||||
EGE Endustri VE Ticaret AS |
2,848 | 346,642 | ||||||
Eregli Demir ve Celik Fabrikalari TAS(b) |
3,679,704 | 5,752,236 |
See Notes to Financial Statements.
WisdomTree Trust | 35 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2022
Investments | Shares | Value | ||||||
Goodyear Lastikleri TAS* |
862,172 | $ | 534,832 | |||||
Iskenderun Demir ve Celik AS(b) |
581,034 | 779,162 | ||||||
Nuh Cimento Sanayi AS |
91,282 | 330,395 | ||||||
Otokar Otomotiv Ve Savunma Sanayi AS(b) |
14,762 | 448,948 | ||||||
Turk Telekomunikasyon AS(b) |
1,194,317 | 697,708 | ||||||
Turk Traktor ve Ziraat Makineleri AS |
50,575 | 761,960 | ||||||
Turkcell Iletisim Hizmetleri AS(b) |
3,836,988 | 4,102,225 | ||||||
Ulker Biskuvi Sanayi AS* |
381,240 | 421,166 | ||||||
Vestel Beyaz Esya Sanayi ve Ticaret AS |
1,066,715 | 516,714 | ||||||
Vestel Elektronik Sanayi ve Ticaret AS(b) |
337,755 | 728,764 | ||||||
|
|
|||||||
Total Turkey |
|
23,629,228 | ||||||
TOTAL COMMON STOCKS (Cost: $1,890,811,335) |
|
1,565,314,555 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.8% |
| |||||||
United States – 1.8% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(d) |
||||||||
(Cost: $28,456,502) | 28,456,502 | 28,456,502 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 101.0% |
|
|||||||
(Cost: $1,919,267,837) | 1,593,771,057 | |||||||
Other Assets less Liabilities – (1.0)% |
|
(15,323,243 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 1,578,447,814 |
* |
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, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $91,918,276. The Fund also had securities on loan having a total market value of $41,141 that were sold and pending settlement. The total market value of the collateral held by the Fund was $102,300,452. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $73,843,950. |
(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, 2022. |
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, 2022 were as follows:
Affiliate | Value at 3/31/2022 |
Purchases/ Additions |
Sales/ Reductions |
Realized Gain/(Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Value at 9/30/2022 |
Dividend Income |
|||||||||||||||||||||
WisdomTree Global High Dividend Fund^ |
$ | 1,246,049 | $ | — | $ | 1,061,060 | $ | (158,512 | ) | $ | (26,477 | ) | $ | — | $ | 22,665 |
^ |
As of September 30,2022, 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 |
Amount and |
Unrealized Appreciation |
Unrealized Depreciation |
|||||||||||||||||||||||
Bank of America NA |
10/3/2022 | 44,574 | USD | 1,419,582 | TWD | $ | — | $ | (139 | ) | ||||||||||||||||||
Bank of Montreal |
10/3/2022 | 1,057,482 | USD | 19,000,000 | ZAR | 312 | — | |||||||||||||||||||||
Credit Suisse International |
10/5/2022 | 901,636 | USD | 1,297,544,879 | KRW | — | (5,294 | ) | ||||||||||||||||||||
HSBC Holdings PLC |
10/3/2022 | 635,765 | USD | 2,954,717 | MYR | — | (1,440 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA |
10/3/2022 | 4,495,859 | USD | 24,294,948 | BRL | 4,156 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA |
10/3/2022 | 4,639,836 | USD | 147,746,284 | TWD | — | (13,737 | ) | ||||||||||||||||||||
State Street Bank and Trust |
10/4/2022 | 118,685 | USD | 7,002,394 | PHP | — | (759 | ) | ||||||||||||||||||||
$ | 4,468 | $ | (21,369 | ) |
See Notes to Financial Statements.
36 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets High Dividend Fund (DEM)
September 30, 2022
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
Quoted Prices in Active Markets (Level 1) |
Other Significant Inputs |
Significant Unobservable Inputs (Level 3) |
Total | |||||||||||||
Assets: |
||||||||||||||||
Investments in Securities |
||||||||||||||||
Common Stocks |
||||||||||||||||
Russia |
$ | — | $ | — | $ | 0 | * | $ | 0 | |||||||
Other |
1,565,314,555 | — | — | 1,565,314,555 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 28,456,502 | — | 28,456,502 | ||||||||||||
Total Investments in Securities |
$ | 1,565,314,555 | $ | 28,456,502 | $ | 0 | $ | 1,593,771,057 | ||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | 4,468 | $ | — | $ | 4,468 | ||||||||
Liabilities: |
||||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (21,369 | ) | $ | — | $ | (21,369 | ) | ||||||
Total – Net |
$ | 1,565,314,555 | $ | 28,439,601 | $ | 0 | $ | 1,593,754,156 |
* |
Securities are 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 | 37 |
Schedule of Investments (unaudited)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 97.5% | ||||||||
Brazil – 6.2% | ||||||||
Ambev SA |
1,958 | $ | 5,625 | |||||
Banco do Brasil SA |
494 | 3,518 | ||||||
BB Seguridade Participacoes SA |
817 | 4,013 | ||||||
CCR SA |
3,423 | 7,930 | ||||||
Centrais Eletricas Brasileiras SA |
230 | 1,827 | ||||||
Cia de Saneamento Basico do Estado de Sao Paulo |
260 | 2,384 | ||||||
CPFL Energia SA |
1,613 | 10,068 | ||||||
Energisa SA |
1,352 | 10,471 | ||||||
Engie Brasil Energia SA |
1,551 | 11,043 | ||||||
Equatorial Energia SA |
2,299 | 11,434 | ||||||
Hypera SA |
1,158 | 9,474 | ||||||
JBS SA |
387 | 1,797 | ||||||
Klabin SA |
2,922 | 9,805 | ||||||
Suzano SA |
1,175 | 9,667 | ||||||
Telefonica Brasil SA |
1,476 | 11,049 | ||||||
Vale SA |
165 | 2,198 | ||||||
Vibra Energia SA |
2,946 | 9,395 | ||||||
|
|
|||||||
Total Brazil |
|
121,698 | ||||||
Chile – 2.0% | ||||||||
Banco de Chile |
124,559 | 11,075 | ||||||
Banco de Credito e Inversiones SA |
281 | 7,216 | ||||||
Cencosud SA |
4,060 | 5,192 | ||||||
Empresas CMPC SA |
5,646 | 8,682 | ||||||
Empresas COPEC SA |
1,135 | 7,347 | ||||||
|
|
|||||||
Total Chile |
|
39,512 | ||||||
China – 26.2% | ||||||||
Agricultural Bank of China Ltd., Class H |
48,000 | 14,370 | ||||||
Anhui Gujing Distillery Co. Ltd., Class B |
600 | 8,866 | ||||||
Bank of Chengdu Co. Ltd., Class A |
2,700 | 6,196 | ||||||
Bank of China Ltd., Class H |
45,000 | 14,733 | ||||||
Bank of Communications Co. Ltd., Class H |
26,000 | 13,712 | ||||||
China Cinda Asset Management Co. Ltd., Class H |
86,000 | 9,531 | ||||||
China CITIC Bank Corp. Ltd., Class H |
35,000 | 13,911 | ||||||
China Coal Energy Co. Ltd., Class H(a) |
10,000 | 9,070 | ||||||
China Construction Bank Corp., Class H |
24,000 | 13,880 | ||||||
China Everbright Bank Co. Ltd., Class H |
29,000 | 7,980 | ||||||
China Galaxy Securities Co. Ltd., Class H |
28,000 | 12,948 | ||||||
China Railway Group Ltd., Class H |
24,000 | 11,771 | ||||||
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A |
600 | 3,233 | ||||||
China Shenhua Energy Co. Ltd., Class H |
3,500 | 10,456 | ||||||
Daan Gene Co. Ltd., Class A |
2,400 | 5,582 | ||||||
Daqo New Energy Corp., ADR* |
382 | 20,277 | ||||||
Gree Electric Appliances, Inc. of Zhuhai, Class A |
1,700 | 7,733 | ||||||
Guanghui Energy Co. Ltd., Class A |
3,800 | 6,545 | ||||||
Hengan International Group Co. Ltd. |
5,500 | 24,593 | ||||||
Hubei Xingfa Chemicals Group Co. Ltd., Class A |
800 | 3,757 | ||||||
Industrial & Commercial Bank of China Ltd., Class H |
30,000 | 14,064 | ||||||
Inner Mongolia Yitai Coal Co. Ltd., Class B |
10,400 | 15,673 | ||||||
Inner Mongolia Yuan Xing Energy Co. Ltd., Class A |
5,200 | 5,419 | ||||||
Jiangsu Expressway Co. Ltd., Class H |
14,000 | 10,505 | ||||||
Joincare Pharmaceutical Group Industry Co. Ltd., Class A |
4,000 | 5,903 | ||||||
Kingboard Holdings Ltd. |
6,500 | 18,382 | ||||||
Lenovo Group Ltd. |
16,000 | 11,129 | ||||||
Metallurgical Corp. of China Ltd., Class A |
9,800 | 4,110 | ||||||
People’s Insurance Co. Group of China Ltd., Class H |
51,000 | 14,813 | ||||||
PetroChina Co. Ltd., Class H |
28,000 | 11,485 | ||||||
PICC Property & Casualty Co. Ltd., Class H |
12,000 | 12,443 | ||||||
Postal Savings Bank of China Co. Ltd., Class H(b) |
23,000 | 13,566 | ||||||
Power Construction Corp. of China Ltd., Class A |
2,100 | 2,053 | ||||||
Shaanxi Coal Industry Co. Ltd., Class A |
1,700 | 5,430 | ||||||
Shanghai Baosight Software Co. Ltd., Class B |
4,740 | 13,793 | ||||||
Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A |
1,400 | 3,315 | ||||||
Sichuan Hebang Biotechnology Co. Ltd., Class A |
11,600 | 5,239 | ||||||
TBEA Co. Ltd., Class A |
2,300 | 6,991 | ||||||
TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A |
700 | 4,395 | ||||||
Tencent Holdings Ltd. |
600 | 20,362 | ||||||
Tingyi Cayman Islands Holding Corp. |
14,000 | 24,148 | ||||||
Vipshop Holdings Ltd., ADR* |
2,329 | 19,587 | ||||||
Want Want China Holdings Ltd. |
34,000 | 22,219 | ||||||
Yankuang Energy Group Co. Ltd., Class H(a) |
4,000 | 14,548 | ||||||
Zhejiang Expressway Co. Ltd., Class H |
12,000 | 8,178 | ||||||
Zhejiang Supor Co. Ltd., Class A |
900 | 5,824 | ||||||
|
|
|||||||
Total China |
|
512,718 | ||||||
Czech Republic – 0.5% | ||||||||
Moneta Money Bank AS(b) |
3,398 | 9,565 | ||||||
Hong Kong – 0.4% | ||||||||
Orient Overseas International Ltd. |
500 | 8,758 | ||||||
Hungary – 0.4% | ||||||||
MOL Hungarian Oil & Gas PLC |
1,373 | 7,649 | ||||||
India – 13.4% | ||||||||
Adani Power Ltd.* |
1,358 | 6,235 | ||||||
Aurobindo Pharma Ltd. |
1,580 | 9,917 | ||||||
Bajaj Auto Ltd. |
381 | 16,522 | ||||||
Bharat Electronics Ltd. |
1,392 | 1,727 | ||||||
Cipla Ltd. |
986 | 13,513 | ||||||
Coal India Ltd. |
635 | 1,657 | ||||||
Colgate-Palmolive India Ltd. |
523 | 10,475 | ||||||
Container Corp. of India Ltd. |
258 | 2,257 | ||||||
Dr. Reddy’s Laboratories Ltd. |
239 | 12,738 | ||||||
GAIL India Ltd. |
5,299 | 5,670 | ||||||
HCL Technologies Ltd. |
1,105 | 12,664 | ||||||
Hero MotoCorp Ltd. |
368 | 11,532 | ||||||
Indian Oil Corp. Ltd. |
10,099 | 8,311 | ||||||
Indus Towers Ltd. |
3,672 | 8,912 | ||||||
Infosys Ltd. |
728 | 12,649 | ||||||
ITC Ltd. |
1,549 | 6,325 | ||||||
Mahindra & Mahindra Ltd. |
1,170 | 18,239 | ||||||
Marico Ltd. |
930 | 6,149 | ||||||
NTPC Ltd. |
4,737 | 9,296 | ||||||
Oil & Natural Gas Corp. Ltd. |
4,459 | 6,950 |
See Notes to Financial Statements.
38 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
September 30, 2022
Investments | Shares | Value | ||||||
Petronet LNG Ltd. |
778 | $ | 1,912 | |||||
Power Grid Corp. of India Ltd. |
2,974 | 7,757 | ||||||
Sun Pharmaceutical Industries Ltd. |
1,114 | 12,991 | ||||||
Tata Consultancy Services Ltd. |
335 | 12,373 | ||||||
Tata Elxsi Ltd. |
82 | 8,625 | ||||||
Tata Steel Ltd. |
6,548 | 7,993 | ||||||
Torrent Pharmaceuticals Ltd. |
571 | 10,948 | ||||||
UPL Ltd. |
1,117 | 9,228 | ||||||
Vedanta Ltd. |
2,372 | 7,874 | ||||||
|
|
|||||||
Total India |
|
261,439 | ||||||
Indonesia – 5.0% | ||||||||
Adaro Energy Indonesia Tbk PT |
35,600 | 9,258 | ||||||
Aneka Tambang Tbk |
17,300 | 2,204 | ||||||
Astra International Tbk PT |
32,900 | 14,314 | ||||||
Bank Central Asia Tbk PT |
22,900 | 12,858 | ||||||
Bank Mandiri Persero Tbk PT |
6,800 | 4,209 | ||||||
Bank Negara Indonesia Persero Tbk PT |
4,600 | 2,711 | ||||||
Indah Kiat Pulp & Paper Tbk PT |
17,400 | 10,341 | ||||||
Indofood CBP Sukses Makmur Tbk PT |
11,200 | 6,362 | ||||||
Indofood Sukses Makmur Tbk PT |
18,100 | 7,162 | ||||||
Kalbe Farma Tbk PT |
111,500 | 13,400 | ||||||
Telkom Indonesia Persero Tbk PT |
19,600 | 5,741 | ||||||
United Tractors Tbk PT |
4,500 | 9,700 | ||||||
|
|
|||||||
Total Indonesia |
|
98,260 | ||||||
Malaysia – 4.1% | ||||||||
Genting Malaysia Bhd |
21,700 | 13,057 | ||||||
Hong Leong Bank Bhd |
2,600 | 11,495 | ||||||
IHH Healthcare Bhd |
1,800 | 2,290 | ||||||
IOI Corp. Bhd |
2,100 | 1,707 | ||||||
Kuala Lumpur Kepong Bhd |
400 | 1,786 | ||||||
MISC Bhd |
2,100 | 3,061 | ||||||
MR DIY Group M Bhd(b) |
23,800 | 10,111 | ||||||
Nestle Malaysia Bhd |
200 | 5,629 | ||||||
Petronas Chemicals Group Bhd |
1,800 | 3,257 | ||||||
Petronas Gas Bhd |
2,200 | 7,828 | ||||||
RHB Bank Bhd |
3,188 | 3,823 | ||||||
Sime Darby Bhd |
6,000 | 2,769 | ||||||
Sime Darby Plantation Bhd |
2,100 | 1,852 | ||||||
Telekom Malaysia Bhd |
4,600 | 5,426 | ||||||
Tenaga Nasional Bhd |
3,800 | 6,597 | ||||||
|
|
|||||||
Total Malaysia |
|
80,688 | ||||||
Mexico – 4.9% | ||||||||
Alfa SAB de CV, Class A |
17,819 | 11,361 | ||||||
America Movil SAB de CV, Series L |
14,150 | 11,703 | ||||||
Arca Continental SAB de CV |
1,234 | 8,900 | ||||||
Coca-Cola Femsa SAB de CV |
1,278 | 7,479 | ||||||
Fomento Economico Mexicano SAB de CV |
1,075 | 6,748 | ||||||
Gruma SAB de CV, Class B |
570 | 5,468 | ||||||
Grupo Bimbo SAB de CV, Series A |
1,838 | 6,487 | ||||||
Grupo Financiero Inbursa SAB de CV, Class O* |
6,284 | 9,976 | ||||||
Orbia Advance Corp. SAB de CV |
5,783 | 9,715 | ||||||
Promotora y Operadora de Infraestructura SAB de CV |
1,691 | 11,535 | ||||||
Sitios Latinoamerica SAB de CV* |
707 | 316 | ||||||
Wal-Mart de Mexico SAB de CV |
1,900 | 6,693 | ||||||
|
|
|||||||
Total Mexico |
|
96,381 | ||||||
Philippines – 4.2% | ||||||||
Aboitiz Equity Ventures, Inc. |
9,030 | 8,264 | ||||||
Bank of the Philippine Islands |
6,790 | 10,366 | ||||||
BDO Unibank, Inc. |
4,910 | 9,338 | ||||||
International Container Terminal Services, Inc. |
3,030 | 8,094 | ||||||
Jollibee Foods Corp. |
3,060 | 11,953 | ||||||
Manila Electric Co. |
2,060 | 9,241 | ||||||
Metro Pacific Investments Corp. |
105,000 | 5,964 | ||||||
Metropolitan Bank & Trust Co. |
12,150 | 10,052 | ||||||
PLDT, Inc. |
365 | 9,389 | ||||||
|
|
|||||||
Total Philippines |
|
82,661 | ||||||
Poland – 1.1% | ||||||||
Cyfrowy Polsat SA |
2,346 | 7,624 | ||||||
Orange Polska SA |
6,854 | 7,191 | ||||||
PGE Polska Grupa Energetyczna SA* |
1,419 | 1,803 | ||||||
Polski Koncern Naftowy Orlen SA |
186 | 2,017 | ||||||
Polskie Gornictwo Naftowe i Gazownictwo SA* |
2,002 | 1,977 | ||||||
|
|
|||||||
Total Poland |
|
20,612 | ||||||
Russia – 0.0% | ||||||||
Lukoil PJSC, ADR† |
113 | 0 | ||||||
Magnit PJSC† |
33 | 0 | ||||||
MMC Norilsk Nickel PJSC, ADR† |
130 | 0 | ||||||
Mobile TeleSystems PJSC, ADR† |
1,696 | 0 | ||||||
Novolipetsk Steel PJSC†(c) |
3,110 | 0 | ||||||
PhosAgro PJSC, GDR†(c) |
182 | 0 | ||||||
Polyus PJSC† |
59 | 0 | ||||||
Rosneft Oil Co. PJSC† |
1,588 | 0 | ||||||
Sberbank of Russia PJSC, ADR*† |
639 | 0 | ||||||
Severstal PAO, GDR†(c) |
475 | 0 | ||||||
VTB Bank PJSC*† |
16,536,000 | 0 | ||||||
X5 Retail Group NV, GDR†(c) |
223 | 0 | ||||||
|
|
|||||||
Total Russia |
|
0 | ||||||
South Africa – 3.0% | ||||||||
Bidvest Group Ltd. |
360 | 3,937 | ||||||
Exxaro Resources Ltd.(a) |
606 | 6,825 | ||||||
Foschini Group Ltd. |
288 | 1,885 | ||||||
Gold Fields Ltd. |
806 | 6,613 | ||||||
MTN Group Ltd. |
303 | 2,021 | ||||||
MultiChoice Group |
1,622 | 10,436 | ||||||
Pepkor Holdings Ltd.(b) |
9,600 | 11,094 | ||||||
Shoprite Holdings Ltd. |
432 | 5,216 | ||||||
Vodacom Group Ltd. |
1,539 | 10,454 | ||||||
|
|
|||||||
Total South Africa |
|
58,481 | ||||||
South Korea – 8.6% | ||||||||
BGF Retail Co. Ltd. |
56 | 6,478 | ||||||
Cheil Worldwide, Inc. |
656 | 10,408 | ||||||
CJ CheilJedang Corp. |
21 | 6,033 | ||||||
DB Insurance Co. Ltd. |
261 | 10,070 |
See Notes to Financial Statements.
WisdomTree Trust | 39 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
September 30, 2022
Investments | Shares | Value | ||||||
GS Holdings Corp. |
389 | $ | 11,338 | |||||
HMM Co. Ltd. |
169 | 2,185 | ||||||
Hyundai Glovis Co. Ltd. |
81 | 9,200 | ||||||
Kia Corp. |
246 | 12,363 | ||||||
KT&G Corp. |
118 | 7,143 | ||||||
LG Innotek Co. Ltd. |
35 | 6,691 | ||||||
LG Uplus Corp. |
1,517 | 11,398 | ||||||
Meritz Financial Group, Inc. |
348 | 5,072 | ||||||
Meritz Fire & Marine Insurance Co. Ltd. |
331 | 6,825 | ||||||
Orion Corp. |
79 | 5,687 | ||||||
Pan Ocean Co. Ltd. |
2,553 | 8,030 | ||||||
POSCO Holdings, Inc. |
56 | 8,259 | ||||||
S-Oil Corp. |
132 | 7,473 | ||||||
Samsung Electronics Co. Ltd. |
387 | 14,363 | ||||||
Samsung Engineering Co. Ltd.* |
580 | 9,223 | ||||||
SD Biosensor, Inc. |
277 | 5,150 | ||||||
Seegene, Inc. |
266 | 4,983 | ||||||
|
|
|||||||
Total South Korea | 168,372 | |||||||
Taiwan – 11.9% | ||||||||
AUO Corp. |
19,000 | 8,797 | ||||||
China Steel Corp. |
2,000 | 1,682 | ||||||
Chunghwa Telecom Co. Ltd. |
1,000 | 3,591 | ||||||
Compal Electronics, Inc. |
20,000 | 13,670 | ||||||
Eva Airways Corp. |
6,000 | 5,329 | ||||||
Evergreen Marine Corp. Taiwan Ltd. |
400 | 1,839 | ||||||
Far Eastern New Century Corp. |
12,000 | 12,227 | ||||||
Far EasTone Telecommunications Co. Ltd. |
6,000 | 13,682 | ||||||
Formosa Plastics Corp. |
5,000 | 13,638 | ||||||
Lite-On Technology Corp. |
6,000 | 12,057 | ||||||
Micro-Star International Co. Ltd. |
3,000 | 10,158 | ||||||
President Chain Store Corp. |
1,000 | 8,898 | ||||||
Quanta Computer, Inc. |
6,000 | 14,552 | ||||||
Ruentex Development Co. Ltd. |
5,000 | 8,095 | ||||||
Taiwan Mobile Co. Ltd. |
4,000 | 12,045 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. |
4,000 | 53,167 | ||||||
Walsin Lihwa Corp. |
7,000 | 8,929 | ||||||
Wan Hai Lines Ltd. |
2,380 | 5,008 | ||||||
WPG Holdings Ltd. |
9,000 | 13,167 | ||||||
Yang Ming Marine Transport Corp. |
1,000 | 1,937 | ||||||
Zhen Ding Technology Holding Ltd. |
3,000 | 10,016 | ||||||
|
|
|||||||
Total Taiwan | 232,484 | |||||||
Thailand – 3.1% | ||||||||
Advanced Info Service PCL, NVDR |
2,200 | 11,373 | ||||||
Bangkok Dusit Medical Services PCL, NVDR |
16,200 | 12,670 | ||||||
Bumrungrad Hospital PCL, NVDR |
2,000 | 12,036 | ||||||
Electricity Generating PCL, NVDR |
400 | 1,750 | ||||||
Indorama Ventures PCL, NVDR |
10,100 | 10,443 | ||||||
PTT Exploration & Production PCL, NVDR |
400 | 1,702 | ||||||
Ratch Group PCL, NVDR |
2,000 | 2,174 | ||||||
Thai Oil PCL, NVDR |
1,500 | 2,038 | ||||||
Thai Union Group PCL, NVDR |
13,400 | 6,643 | ||||||
|
|
|||||||
Total Thailand | 60,829 | |||||||
Turkey – 2.5% | ||||||||
Akbank TAS |
16,546 | 10,077 | ||||||
Ford Otomotiv Sanayi AS |
558 | 9,842 | ||||||
KOC Holding AS |
2,996 | 7,337 | ||||||
Turk Hava Yollari AO* |
543 | 2,068 | ||||||
Turkiye Is Bankasi AS, Class C |
25,912 | 10,511 | ||||||
Turkiye Sise ve Cam Fabrikalari AS |
6,189 | 8,486 | ||||||
|
|
|||||||
Total Turkey | 48,321 | |||||||
TOTAL COMMON STOCKS (Cost: $2,192,610) |
1,908,428 | |||||||
Principal Amount |
||||||||
CORPORATE BONDS – 0.0% | ||||||||
India – 0.0% | ||||||||
Britannia
Industries Ltd. (Cost: $124) |
9,164 | INR | 110 | |||||
Shares | ||||||||
PREFERRED STOCKS – 1.7% |
| |||||||
Brazil – 1.4% |
| |||||||
Cia Energetica de Minas Gerais |
1,783 | 3,547 | ||||||
Gerdau SA |
1,833 | 8,282 | ||||||
Itau Unibanco Holding SA |
2,011 | 10,433 | ||||||
Petroleo Brasileiro SA |
675 | 3,719 | ||||||
|
|
|||||||
Total Brazil | 25,981 | |||||||
Chile – 0.3% | ||||||||
Sociedad Quimica y Minera de Chile SA, Class B |
68 | 6,396 | ||||||
TOTAL PREFERRED STOCKS (Cost: $33,994) |
|
32,377 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.5% |
| |||||||
United States – 1.5% | ||||||||
State
Street Navigator Securities Lending |
||||||||
(Cost: $29,817) |
29,817 | 29,817 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 100.7% (Cost: $2,256,545) |
|
1,970,732 | ||||||
Other Assets less Liabilities – (0.7)% |
(14,051 | ) | ||||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 1,956,681 |
* |
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, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $27,889 and the total market value of the collateral held by the Fund was $29,817. |
(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, 2022. |
See Notes to Financial Statements.
40 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
September 30, 2022
FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER) | ||||||||||||||||||||||||||||
Counterparty | Settlement Date |
Amount and Description of Currency to be Purchased |
Amount and Description of Currency to be Sold |
Unrealized Appreciation |
Unrealized Depreciation |
|||||||||||||||||||||||
Bank of America NA |
10/3/2022 | 21,717 | TWD | 684 | USD | $ | 0 | ^ | $ | — | ||||||||||||||||||
Bank of America NA |
10/4/2022 | 2,897,990 | KRW | 2,024 | USD | 2 | — | |||||||||||||||||||||
Citibank NA |
10/5/2022 | 4,296 | CZK | 168 | USD | 3 | — | |||||||||||||||||||||
Citibank NA |
10/5/2022 | 1,937 | PLN | 393 | USD | — | (1 | ) | ||||||||||||||||||||
Citibank NA |
10/5/2022 | 16,738 | TRY | 894 | USD | 6 | — | |||||||||||||||||||||
Citibank NA |
10/5/2022 | 256,304 | USD | 8,018,356 | TWD | 3,737 | — | |||||||||||||||||||||
Citibank NA |
10/5/2022 | 17,897 | ZAR | 990 | USD | 6 | — | |||||||||||||||||||||
Citibank NA |
10/6/2022 | 186,542 | USD | 260,384,246 | KRW | 4,541 | — | |||||||||||||||||||||
Citibank NA |
10/19/2022 | 46,944 | USD | 45,078,727 | CLP | — | (20 | ) | ||||||||||||||||||||
Deutsche Bank AG |
10/4/2022 | 598 | USD | 10,800 | ZAR | — | (3 | ) | ||||||||||||||||||||
Goldman Sachs |
10/5/2022 | 30,220 | HKD | 3,850 | USD | 0 | ^ | — | ||||||||||||||||||||
Goldman Sachs |
10/5/2022 | 86,310 | USD | 393,314 | MYR | 1,487 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/4/2022 | 5,313,791 | PHP | 90,679 | USD | — | (39 | ) | ||||||||||||||||||||
HSBC Holdings PLC |
10/4/2022 | 94,015 | USD | 5,399,290 | PHP | 1,916 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/5/2022 | 267,973 | CZK | 10,719 | USD | — | (36 | ) | ||||||||||||||||||||
HSBC Holdings PLC |
10/5/2022 | 36,883 | THB | 975 | USD | 3 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/5/2022 | 7,892,314 | TWD | 248,405 | USD | 192 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/5/2022 | 25,403 | USD | 120,124 | PLN | 1,085 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/5/2022 | 63,191 | USD | 2,336,715 | THB | 1,239 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/5/2022 | 57,850 | USD | 1,070,424 | TRY | 290 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/5/2022 | 1,129,061 | ZAR | 63,051 | USD | — | (235 | ) | ||||||||||||||||||||
HSBC Holdings PLC |
10/6/2022 | 256,299,803 | KRW | 179,105 | USD | 40 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/12/2022 | 3,970,190 | CNY | 562,828 | USD | — | (2,953 | ) | ||||||||||||||||||||
HSBC Holdings PLC |
10/12/2022 | 577,468 | USD | 4,033,613 | CNY | 8,648 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/18/2022 | 86,295 | USD | 5,064,679 | PHP | — | (68 | ) | ||||||||||||||||||||
HSBC Holdings PLC |
10/19/2022 | 542,979 | USD | 3,831,257 | CNY | 2,551 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/19/2022 | 9,846 | USD | 246,511 | CZK | 33 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/19/2022 | 7,680 | USD | 3,304,414 | HUF | 62 | — | |||||||||||||||||||||
HSBC Holdings PLC |
10/19/2022 | 171,430 | USD | 245,830,160 | KRW | — | (434 | ) | ||||||||||||||||||||
HSBC Holdings PLC |
10/19/2022 | 238,356 | USD | 7,570,669 | TWD | — | (277 | ) | ||||||||||||||||||||
HSBC Holdings PLC |
10/19/2022 | 60,255 | USD | 1,080,331 | ZAR | 226 | — | |||||||||||||||||||||
Merrill Lynch International |
10/3/2022 | 12,698,848 | IDR | 834 | USD | — | (0 | )^ | ||||||||||||||||||||
Merrill Lynch International |
10/4/2022 | 7,958 | BRL | 1,472 | USD | — | (1 | ) | ||||||||||||||||||||
Merrill Lynch International |
10/4/2022 | 23,346 | THB | 619 | USD | — | (0 | )^ | ||||||||||||||||||||
Morgan Stanley & Co. International |
10/4/2022 | 85,499 | PHP | 1,448 | USD | 11 | — | |||||||||||||||||||||
Morgan Stanley & Co. International |
10/5/2022 | 6,134 | MYR | 1,332 | USD | — | (9 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International |
10/5/2022 | 387,180 | MYR | 83,867 | USD | — | (368 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International |
10/5/2022 | 123,838 | PLN | 25,010 | USD | 60 | — | |||||||||||||||||||||
Morgan Stanley & Co. International |
10/5/2022 | 126,042 | TWD | 3,950 | USD | 20 | — | |||||||||||||||||||||
Morgan Stanley & Co. International |
10/5/2022 | 10,887 | USD | 267,577 | CZK | 220 | — | |||||||||||||||||||||
Morgan Stanley & Co. International |
10/5/2022 | 64,041 | USD | 1,132,541 | ZAR | 1,032 | — | |||||||||||||||||||||
Morgan Stanley & Co. International |
10/6/2022 | 4,084,443 | KRW | 2,854 | USD | 1 | — | |||||||||||||||||||||
Morgan Stanley & Co. International |
10/12/2022 | 63,423 | CNY | 8,982 | USD | — | (38 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International |
10/19/2022 | 99,589 | USD | 1,517,699,215 | IDR | — | (34 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International |
10/19/2022 | 259,515 | USD | 21,218,452 | INR | — | (907 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International |
10/19/2022 | 81,903 | USD | 381,047 | MYR | — | (298 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International |
10/19/2022 | 20,873 | USD | 103,560 | PLN | — | (46 | ) | ||||||||||||||||||||
UBS AG |
10/5/2022 | 2,299,832 | THB | 60,764 | USD | 210 | — | |||||||||||||||||||||
UBS AG |
10/5/2022 | 1,057,925 | TRY | 56,956 | USD | — | (69 | ) | ||||||||||||||||||||
UBS AG |
10/19/2022 | 61,904 | USD | 2,341,732 | THB | — | (221 | ) | ||||||||||||||||||||
UBS AG |
10/19/2022 | 49,818 | USD | 943,651 | TRY | 121 | — | |||||||||||||||||||||
$ | 27,742 | $ | (6,057 | ) |
^ |
Amount represents less than $1. |
See Notes to Financial Statements.
WisdomTree Trust | 41 |
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
September 30, 2022
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
Quoted Prices in Active Markets (Level 1) |
Other Significant Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Total | |||||||||||||
Assets: |
||||||||||||||||
Investments in Securities |
||||||||||||||||
Common Stocks |
||||||||||||||||
Russia |
$ | — | $ | — | $ | 0 | * | $ | 0 | |||||||
Taiwan |
223,687 | 8,797 | — | 232,484 | ||||||||||||
Other |
1,675,944 | — | — | 1,675,944 | ||||||||||||
Corporate Bonds |
— | 110 | — | 110 | ||||||||||||
Preferred Stocks |
32,377 | — | — | 32,377 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 29,817 | — | 29,817 | ||||||||||||
Total Investments in Securities |
$ | 1,932,008 | $ | 38,724 | $ | 0 | $ | 1,970,732 | ||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | 27,742 | $ | — | $ | 27,742 | ||||||||
Liabilities: |
||||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (6,057 | ) | $ | — | $ | (6,057 | ) | ||||||
Total – Net |
$ | 1,932,008 | $ | 60,409 | $ | 0 | $ | 1,992,417 |
* |
Securities are 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.
42 | WisdomTree Trust |
Schedule of Investments (unaudited)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 97.4% |
| |||||||
Brazil – 5.0% |
| |||||||
Ambev SA |
85,886 | $ | 246,756 | |||||
Atacadao SA |
52,883 | 188,992 | ||||||
Cia Siderurgica Nacional SA |
38,928 | 91,547 | ||||||
CPFL Energia SA |
29,800 | 186,000 | ||||||
Equatorial Energia SA |
57,201 | 284,480 | ||||||
JBS SA |
37,276 | 173,119 | ||||||
Localiza Rent a Car SA |
21,116 | 238,494 | ||||||
Magazine Luiza SA* |
74,179 | 61,440 | ||||||
Petroleo Brasileiro SA |
68,427 | 418,493 | ||||||
Telefonica Brasil SA |
18,217 | 136,370 | ||||||
TOTVS SA |
29,120 | 158,014 | ||||||
Vale SA |
53,708 | 715,332 | ||||||
Vibra Energia SA |
40,757 | 129,983 | ||||||
WEG SA |
36,858 | 219,014 | ||||||
|
|
|||||||
Total Brazil |
|
3,248,034 | ||||||
Chile – 0.4% |
| |||||||
Banco Santander Chile |
3,638,728 | 128,466 | ||||||
Empresas CMPC SA |
101,692 | 156,380 | ||||||
|
|
|||||||
Total Chile | 284,846 | |||||||
China – 28.0% |
| |||||||
37 Interactive Entertainment Network Technology Group Co. Ltd., Class A |
72,000 | 175,931 | ||||||
A-Living Smart City Services Co. Ltd.(a) |
70,500 | 55,862 | ||||||
Airtac International Group |
7,000 | 161,391 | ||||||
ANTA Sports Products Ltd. |
47,400 | 502,386 | ||||||
AviChina Industry & Technology Co. Ltd., Class H(b) |
392,000 | 151,808 | ||||||
Beijing New Building Materials PLC, Class A |
19,300 | 65,108 | ||||||
BGI Genomics Co. Ltd., Class A |
6,500 | 48,624 | ||||||
BOE Technology Group Co. Ltd., Class A |
193,900 | 88,938 | ||||||
Bosideng International Holdings Ltd. |
562,000 | 278,498 | ||||||
By-health Co. Ltd., Class A |
23,500 | 58,015 | ||||||
BYD Co. Ltd., Class H |
14,500 | 359,087 | ||||||
BYD Electronic International Co. Ltd.(b) |
56,000 | 135,258 | ||||||
C&S Paper Co. Ltd., Class A |
29,600 | 42,267 | ||||||
China Feihe Ltd.(a) |
182,000 | 127,518 | ||||||
China Galaxy Securities Co. Ltd., Class H |
383,000 | 177,109 | ||||||
China Hongqiao Group Ltd. |
269,000 | 222,742 | ||||||
China Lesso Group Holdings Ltd. |
171,000 | 159,239 | ||||||
China Medical System Holdings Ltd. |
284,000 | 338,995 | ||||||
China Meidong Auto Holdings Ltd. |
58,000 | 91,767 | ||||||
China Mengniu Dairy Co. Ltd.* |
118,000 | 468,248 | ||||||
China National Building Material Co. Ltd., Class H |
492,000 | 376,683 | ||||||
China Northern Rare Earth Group High-Tech Co. Ltd., Class A |
18,200 | 67,805 | ||||||
China Oilfield Services Ltd., Class H(b) |
430,000 | 426,719 | ||||||
China Overseas Property Holdings Ltd. |
380,000 | 330,628 | ||||||
China Resources Beer Holdings Co. Ltd. |
54,000 | 375,941 | ||||||
China Resources Gas Group Ltd. |
78,500 | 249,503 | ||||||
China Shenhua Energy Co. Ltd., Class H |
172,500 | 515,309 | ||||||
China Yuhua Education Corp. Ltd.*(a) |
264,000 | 27,241 | ||||||
Chinasoft International Ltd.* |
192,000 | 118,137 | ||||||
Chongqing Zhifei Biological Products Co. Ltd., Class A |
26,000 | 315,210 | ||||||
CIFI Ever Sunshine Services Group Ltd.(b) |
108,000 | 40,174 | ||||||
CIFI Holdings Group Co. Ltd.(b) |
643,280 | 65,558 | ||||||
Contemporary Amperex Technology Co. Ltd., Class A |
5,500 | 309,279 | ||||||
CSPC Pharmaceutical Group Ltd. |
324,000 | 321,115 | ||||||
Daan Gene Co. Ltd., Class A |
26,760 | 62,235 | ||||||
ENN Energy Holdings Ltd. |
42,200 | 564,466 | ||||||
FAW Jiefang Group Co. Ltd., Class A |
48,800 | 49,148 | ||||||
Focus Media Information Technology Co. Ltd., Class A |
89,100 | 68,989 | ||||||
G-bits Network Technology Xiamen Co. Ltd., Class A |
1,200 | 41,830 | ||||||
GigaDevice Semiconductor, Inc., Class A |
5,600 | 73,641 | ||||||
Great Wall Motor Co. Ltd., Class H |
129,000 | 148,229 | ||||||
Greentown Service Group Co. Ltd. |
226,000 | 151,148 | ||||||
Guangdong Kinlong Hardware Products Co. Ltd., Class A |
4,400 | 54,639 | ||||||
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A |
6,700 | 59,565 | ||||||
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A |
6,800 | 56,944 | ||||||
Guangzhou Tinci Materials Technology Co. Ltd., Class A |
11,400 | 70,455 | ||||||
Guangzhou Wondfo Biotech Co. Ltd., Class A |
12,900 | 53,072 | ||||||
Hangzhou Silan Microelectronics Co. Ltd., Class A |
15,600 | 70,132 | ||||||
Hengli Petrochemical Co. Ltd., Class A |
31,500 | 74,761 | ||||||
Huafon Chemical Co. Ltd., Class A |
62,900 | 57,614 | ||||||
Inspur Electronic Information Industry Co. Ltd., Class A |
19,800 | 54,852 | ||||||
Intco Medical Technology Co. Ltd., Class A |
12,100 | 33,826 | ||||||
Jafron Biomedical Co. Ltd., Class A |
9,900 | 67,322 | ||||||
JCET Group Co. Ltd., Class A |
24,700 | 74,247 | ||||||
Jiangsu Hengli Hydraulic Co. Ltd., Class A |
9,800 | 62,244 | ||||||
JiuGui Liquor Co. Ltd., Class A |
3,200 | 56,399 | ||||||
Kingboard Holdings Ltd. |
63,000 | 178,168 | ||||||
Kingfa Sci & Tech Co. Ltd., Class A |
40,900 | 53,813 | ||||||
Lenovo Group Ltd. |
494,000 | 343,602 | ||||||
Li Ning Co. Ltd. |
47,500 | 363,667 | ||||||
Longfor Group Holdings Ltd.(a) |
118,500 | 340,409 | ||||||
Luzhou Laojiao Co. Ltd., Class A |
4,600 | 148,831 | ||||||
Maccura Biotechnology Co. Ltd., Class A |
21,800 | 51,219 | ||||||
Mango Excellent Media Co. Ltd., Class A |
17,900 | 62,595 | ||||||
Muyuan Foods Co. Ltd., Class A |
18,100 | 138,419 | ||||||
NanJi E-Commerce Co. Ltd., Class A |
81,600 | 50,935 | ||||||
New China Life Insurance Co. Ltd., Class H |
101,700 | 194,075 | ||||||
Ovctek China, Inc., Class A |
8,500 | 49,241 | ||||||
PetroChina Co. Ltd., Class H |
594,000 | 243,657 | ||||||
Proya Cosmetics Co. Ltd., Class A |
4,400 | 100,558 | ||||||
Shaanxi Coal Industry Co. Ltd., Class A |
49,800 | 159,058 | ||||||
Shandong Weigao Group Medical Polymer Co. Ltd., Class H |
146,800 | 197,481 | ||||||
Shanghai Bairun Investment Holding Group Co. Ltd., Class A |
11,400 | 43,079 | ||||||
Shanghai Baosight Software Co. Ltd., Class A |
15,089 | 77,867 | ||||||
Shanghai M&G Stationery, Inc., Class A |
8,900 | 56,290 |
See Notes to Financial Statements.
WisdomTree Trust | 43 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
September 30, 2022
Investments | Shares | Value | ||||||
Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A |
34,700 | $ | 50,572 | |||||
Shenzhen Inovance Technology Co. Ltd., Class A |
16,200 | 130,683 | ||||||
Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A |
34,600 | 105,365 | ||||||
Silergy Corp. |
11,000 | 145,863 | ||||||
Sino Biopharmaceutical Ltd. |
608,000 | 285,802 | ||||||
Sinoma Science & Technology Co. Ltd., Class A |
20,300 | 56,721 | ||||||
StarPower Semiconductor Ltd., Class A |
2,200 | 99,984 | ||||||
Sungrow Power Supply Co. Ltd., Class A |
7,300 | 113,271 | ||||||
Sunny Optical Technology Group Co. Ltd. |
28,400 | 271,884 | ||||||
Tencent Holdings Ltd. |
81,500 | 2,765,844 | ||||||
Tsingtao Brewery Co. Ltd., Class H |
30,000 | 284,526 | ||||||
Unigroup Guoxin Microelectronics Co. Ltd., Class A |
5,239 | 105,821 | ||||||
Wanhua Chemical Group Co. Ltd., Class A |
10,700 | 138,231 | ||||||
Will Semiconductor Co. Ltd., Class A |
5,710 | 64,179 | ||||||
Xinyi Solar Holdings Ltd. |
155,547 | 164,664 | ||||||
Yadea Group Holdings Ltd.(a) |
200,000 | 321,023 | ||||||
Yihai International Holding Ltd.* |
53,000 | 112,078 | ||||||
Zhaojin Mining Industry Co. Ltd., Class H* |
284,500 | 194,260 | ||||||
Zhongsheng Group Holdings Ltd. |
120,200 | 480,040 | ||||||
Zijin Mining Group Co. Ltd., Class H |
268,000 | 261,175 | ||||||
|
|
|||||||
Total China |
|
18,258,801 | ||||||
Hong Kong – 0.2% |
| |||||||
Vinda International Holdings Ltd.(b) |
52,000 | 122,417 | ||||||
Hungary – 0.2% |
| |||||||
Richter Gedeon Nyrt |
8,146 | 139,582 | ||||||
India – 23.9% |
| |||||||
Adani Ports & Special Economic Zone Ltd. |
40,188 | 405,406 | ||||||
Asian Paints Ltd. |
8,320 | 341,841 | ||||||
Aurobindo Pharma Ltd. |
17,459 | 109,581 | ||||||
Bajaj Finance Ltd. |
6,347 | 572,333 | ||||||
Balkrishna Industries Ltd. |
6,002 | 138,974 | ||||||
Berger Paints India Ltd. |
21,139 | 160,327 | ||||||
Bharat Electronics Ltd. |
200,905 | 249,306 | ||||||
Bharat Petroleum Corp. Ltd. |
41,209 | 154,398 | ||||||
Cipla Ltd. |
45,712 | 626,500 | ||||||
Dabur India Ltd. |
24,764 | 174,411 | ||||||
Divi’s Laboratories Ltd. |
4,213 | 191,884 | ||||||
GAIL India Ltd. |
233,941 | 250,329 | ||||||
Grasim Industries Ltd. |
17,050 | 351,023 | ||||||
Havells India Ltd. |
17,913 | 296,942 | ||||||
HCL Technologies Ltd. |
21,095 | 241,766 | ||||||
Hero MotoCorp Ltd. |
4,737 | 148,437 | ||||||
Hindalco Industries Ltd. |
36,458 | 175,027 | ||||||
Hindustan Petroleum Corp. Ltd. |
50,399 | 134,003 | ||||||
Hindustan Unilever Ltd. |
15,526 | 514,621 | ||||||
ICICI Bank Ltd. |
52,179 | 552,890 | ||||||
ICICI Lombard General Insurance Co. Ltd.(a) |
8,944 | 126,561 | ||||||
Indian Oil Corp. Ltd. |
204,518 | 168,313 | ||||||
Indraprastha Gas Ltd. |
31,173 | 152,050 | ||||||
Info Edge India Ltd. |
3,398 | 161,255 | ||||||
Infosys Ltd. |
53,255 | 925,287 | ||||||
Ipca Laboratories Ltd. |
14,088 | 158,455 | ||||||
ITC Ltd. |
94,270 | 384,954 | ||||||
JSW Steel Ltd. |
80,439 | 624,567 | ||||||
Jubilant Foodworks Ltd. |
29,915 | 228,983 | ||||||
Larsen & Toubro Infotech Ltd.(a) |
2,413 | 132,227 | ||||||
Larsen & Toubro Ltd. |
14,564 | 330,787 | ||||||
Lupin Ltd. |
13,495 | 112,777 | ||||||
Marico Ltd. |
52,025 | 343,961 | ||||||
MRF Ltd. |
170 | 170,634 | ||||||
Nestle India Ltd. |
1,708 | 401,952 | ||||||
NTPC Ltd. |
120,882 | 237,228 | ||||||
Oil & Natural Gas Corp. Ltd. |
89,645 | 139,727 | ||||||
Page Industries Ltd. |
394 | 245,386 | ||||||
Petronet LNG Ltd. |
94,088 | 231,197 | ||||||
PI Industries Ltd. |
3,995 | 147,243 | ||||||
Pidilite Industries Ltd. |
11,002 | 363,838 | ||||||
Piramal Enterprises Ltd. |
8,887 | 94,413 | ||||||
Piramal Pharma Ltd.*† |
34,500 | 92,928 | ||||||
Power Grid Corp. of India Ltd. |
144,677 | 377,382 | ||||||
Samvardhana Motherson International Ltd. |
53,437 | 71,599 | ||||||
Shree Cement Ltd. |
929 | 240,190 | ||||||
Shriram Transport Finance Co. Ltd. |
16,817 | 247,559 | ||||||
Sun Pharmaceutical Industries Ltd. |
32,319 | 376,877 | ||||||
Tata Consultancy Services Ltd. |
18,221 | 672,957 | ||||||
Tata Consumer Products Ltd. |
17,854 | 176,200 | ||||||
Tata Steel Ltd. |
173,163 | 211,368 | ||||||
Tech Mahindra Ltd. |
33,235 | 412,051 | ||||||
Torrent Pharmaceuticals Ltd. |
11,204 | 214,828 | ||||||
UltraTech Cement Ltd. |
3,489 | 268,269 | ||||||
UPL Ltd. |
22,534 | 186,155 | ||||||
Vedanta Ltd. |
49,463 | 164,195 | ||||||
Wipro Ltd. |
39,674 | 192,271 | ||||||
|
|
|||||||
Total India |
|
15,576,623 | ||||||
Indonesia – 1.6% |
| |||||||
Aneka Tambang Tbk |
1,354,400 | 172,552 | ||||||
Charoen Pokphand Indonesia Tbk PT |
767,900 | 284,921 | ||||||
Kalbe Farma Tbk PT |
2,489,831 | 299,221 | ||||||
Sarana Menara Nusantara Tbk PT |
1,916,600 | 155,443 | ||||||
Semen Indonesia Persero Tbk PT |
298,400 | 146,481 | ||||||
|
|
|||||||
Total Indonesia |
|
1,058,618 | ||||||
Malaysia – 0.9% |
| |||||||
Hartalega Holdings Bhd |
171,400 | 61,360 | ||||||
Kossan Rubber Industries Bhd |
60,900 | 14,184 | ||||||
Sime Darby Plantation Bhd |
183,900 | 162,206 | ||||||
Supermax Corp. Bhd |
423,550 | 61,655 | ||||||
Telekom Malaysia Bhd |
140,100 | 165,268 | ||||||
Westports Holdings Bhd |
169,000 | 111,525 | ||||||
|
|
|||||||
Total Malaysia |
|
576,198 | ||||||
Mexico – 3.9% |
| |||||||
America Movil SAB de CV, Series L |
449,646 | 371,882 | ||||||
Arca Continental SAB de CV |
34,036 | 245,476 | ||||||
Coca-Cola Femsa SAB de CV |
28,134 | 164,641 | ||||||
Gruma SAB de CV, Class B |
22,828 | 218,999 |
See Notes to Financial Statements.
44 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
September 30, 2022
Investments | Shares | Value | ||||||
Grupo Bimbo SAB de CV, Series A |
165,689 | $ | 584,804 | |||||
Grupo Mexico SAB de CV, Series B |
74,070 | 250,934 | ||||||
Kimberly-Clark de Mexico SAB de CV, Class A |
98,767 | 132,180 | ||||||
Megacable Holdings SAB de CV, Series CPO |
66,902 | 135,018 | ||||||
Orbia Advance Corp. SAB de CV |
74,860 | 125,763 | ||||||
Sitios Latinoamerica SAB de CV* |
22,482 | 10,052 | ||||||
Wal-Mart de Mexico SAB de CV |
78,957 | 278,131 | ||||||
|
|
|||||||
Total Mexico |
|
2,517,880 | ||||||
Philippines – 0.6% |
| |||||||
International Container Terminal Services, Inc. |
136,440 | 364,461 | ||||||
Poland – 0.7% |
| |||||||
CD Projekt SA |
5,819 | 118,053 | ||||||
Cyfrowy Polsat SA |
21,064 | 68,451 | ||||||
Polski Koncern Naftowy Orlen SA |
14,731 | 159,688 | ||||||
Polskie Gornictwo Naftowe i Gazownictwo SA* |
100,857 | 99,611 | ||||||
|
|
|||||||
Total Poland |
|
445,803 | ||||||
Russia – 0.0% |
| |||||||
MMC Norilsk Nickel PJSC† |
996 | 0 | ||||||
Mobile TeleSystems PJSC, ADR† |
24,869 | 0 | ||||||
Novolipetsk Steel PJSC†(c) |
71,650 | 0 | ||||||
PhosAgro PJSC† |
3,035 | 0 | ||||||
Polymetal International PLC |
14,002 | 30,479 | ||||||
Polyus PJSC† |
1,334 | 0 | ||||||
Severstal PAO, GDR†(c) |
8,497 | 0 | ||||||
Surgutneftegas PJSC, ADR*† |
342,309 | 0 | ||||||
TCS Group Holding PLC, GDR*†(c) |
2,248 | 0 | ||||||
|
|
|||||||
Total Russia |
|
30,479 | ||||||
South Africa – 4.0% |
| |||||||
African Rainbow Minerals Ltd.(b) |
14,726 | 200,351 | ||||||
Anglo American Platinum Ltd. |
2,870 | 205,720 | ||||||
AngloGold Ashanti Ltd. |
13,816 | 191,929 | ||||||
Capitec Bank Holdings Ltd. |
2,020 | 174,548 | ||||||
Clicks Group Ltd. |
11,507 | 182,768 | ||||||
Exxaro Resources Ltd.(b) |
27,109 | 305,337 | ||||||
Gold Fields Ltd. |
20,198 | 165,709 | ||||||
Harmony Gold Mining Co. Ltd. |
39,642 | 94,228 | ||||||
Impala Platinum Holdings Ltd. |
16,240 | 153,314 | ||||||
Kumba Iron Ore Ltd. |
8,696 | 187,652 | ||||||
Mr. Price Group Ltd. |
13,006 | 125,041 | ||||||
Shoprite Holdings Ltd.(b) |
15,172 | 183,178 | ||||||
SPAR Group Ltd. |
19,582 | 156,198 | ||||||
Tiger Brands Ltd.(b) |
12,006 | 113,189 | ||||||
Vodacom Group Ltd. |
21,750 | 147,739 | ||||||
|
|
|||||||
Total South Africa |
|
2,586,901 | ||||||
South Korea – 8.8% |
| |||||||
BGF Retail Co. Ltd. |
1,337 | 154,661 | ||||||
Cheil Worldwide, Inc. |
12,599 | 199,900 | ||||||
Fila Holdings Corp. |
6,232 | 136,340 | ||||||
Green Cross Corp. |
701 | 60,511 | ||||||
GS Engineering & Construction Corp. |
12,360 | 194,812 | ||||||
Hankook Tire & Technology Co. Ltd. |
4,326 | 106,585 | ||||||
Korea Investment Holdings Co. Ltd. |
3,183 | 105,677 | ||||||
Korea Zinc Co. Ltd. |
388 | 161,362 | ||||||
KT&G Corp. |
2,460 | 148,903 | ||||||
Kumho Petrochemical Co. Ltd. |
3,512 | 283,523 | ||||||
LG Chem Ltd. |
637 | 238,647 | ||||||
LG Corp. |
2,282 | 118,032 | ||||||
LG Electronics, Inc. |
5,234 | 287,546 | ||||||
LG H&H Co. Ltd. |
288 | 127,423 | ||||||
LG Innotek Co. Ltd. |
1,179 | 225,384 | ||||||
LG Uplus Corp. |
12,746 | 95,771 | ||||||
Meritz Securities Co. Ltd. |
44,502 | 114,311 | ||||||
NH Investment & Securities Co. Ltd. |
13,283 | 83,465 | ||||||
Orion Corp. |
1,289 | 92,799 | ||||||
POSCO Holdings, Inc. |
1,122 | 165,473 | ||||||
S-1 Corp. |
2,301 | 93,121 | ||||||
S-Oil Corp. |
1,804 | 102,135 | ||||||
Samsung Electro-Mechanics Co. Ltd. |
1,690 | 132,299 | ||||||
Samsung Electronics Co. Ltd. |
55,718 | 2,067,957 | ||||||
Samsung Securities Co. Ltd. |
7,896 | 169,708 | ||||||
Seegene, Inc. |
4,304 | 80,623 | ||||||
|
|
|||||||
Total South Korea |
|
5,746,968 | ||||||
Taiwan – 15.6% |
| |||||||
Accton Technology Corp. |
27,000 | 231,740 | ||||||
Acer, Inc. |
225,000 | 155,202 | ||||||
Advantech Co. Ltd. |
26,895 | 248,628 | ||||||
Asia Cement Corp. |
182,000 | 225,859 | ||||||
ASMedia Technology, Inc. |
3,000 | 62,742 | ||||||
Asustek Computer, Inc. |
20,000 | 147,406 | ||||||
Chailease Holding Co. Ltd. |
74,220 | 426,632 | ||||||
Delta Electronics, Inc. |
31,000 | 247,031 | ||||||
Eclat Textile Co. Ltd. |
15,000 | 185,203 | ||||||
Evergreen Marine Corp. Taiwan Ltd. |
30,600 | 140,716 | ||||||
Feng TAY Enterprise Co. Ltd. |
44,377 | 220,844 | ||||||
Fubon Financial Holding Co. Ltd. |
120,800 | 189,862 | ||||||
Giant Manufacturing Co. Ltd. |
20,000 | 129,453 | ||||||
Innolux Corp. |
383,000 | 126,062 | ||||||
Lite-On Technology Corp. |
104,000 | 208,989 | ||||||
MediaTek, Inc. |
19,000 | 329,743 | ||||||
Micro-Star International Co. Ltd. |
69,000 | 233,629 | ||||||
momo.com, Inc. |
3,800 | 63,914 | ||||||
Nan Ya Printed Circuit Board Corp.(b) |
16,000 | 95,247 | ||||||
Nien Made Enterprise Co. Ltd. |
29,000 | 229,724 | ||||||
Novatek Microelectronics Corp. |
42,000 | 289,710 | ||||||
Phison Electronics Corp. |
13,000 | 108,712 | ||||||
Powertech Technology, Inc. |
74,000 | 179,703 | ||||||
Quanta Computer, Inc. |
78,000 | 189,171 | ||||||
Realtek Semiconductor Corp. |
34,000 | 289,143 | ||||||
Synnex Technology International Corp. |
204,000 | 339,261 | ||||||
Taiwan Cement Corp.(b) |
194,087 | 206,625 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. |
261,291 | 3,473,017 | ||||||
Unimicron Technology Corp. |
43,000 | 159,139 | ||||||
United Microelectronics Corp.* |
222,000 | 249,976 |
See Notes to Financial Statements.
WisdomTree Trust | 45 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
September 30, 2022
Investments | Shares | Value | ||||||
Vanguard International Semiconductor Corp. |
32,000 | $ | 65,514 | |||||
Walsin Technology Corp. |
59,000 | 138,445 | ||||||
Wan Hai Lines Ltd. |
40,550 | 85,317 | ||||||
Wistron Corp. |
166,000 | 138,817 | ||||||
Wiwynn Corp.(b) |
6,000 | 152,698 | ||||||
Yuanta Financial Holding Co. Ltd. |
335,480 | 206,578 | ||||||
|
|
|||||||
Total Taiwan |
|
10,170,452 | ||||||
Thailand – 1.4% |
| |||||||
Carabao Group PCL, NVDR |
45,400 | 102,607 | ||||||
Charoen Pokphand Foods PCL, NVDR |
213,600 | 141,570 | ||||||
Delta Electronics Thailand PCL, NVDR |
14,000 | 242,736 | ||||||
Gulf Energy Development PCL, NVDR |
118,800 | 165,350 | ||||||
Srisawad Corp. PCL, NVDR |
93,100 | 106,132 | ||||||
Thai Union Group PCL, NVDR |
249,400 | 123,642 | ||||||
|
|
|||||||
Total Thailand |
|
882,037 | ||||||
Turkey – 2.2% |
| |||||||
Aselsan Elektronik Sanayi ve Ticaret AS |
137,751 | 217,715 | ||||||
BIM Birlesik Magazalar AS |
32,013 | 199,795 | ||||||
Eregli Demir ve Celik Fabrikalari TAS |
98,745 | 154,361 | ||||||
Ford Otomotiv Sanayi AS |
20,921 | 369,025 | ||||||
KOC Holding AS |
65,823 | 161,198 | ||||||
Turkcell Iletisim Hizmetleri AS |
71,944 | 76,917 | ||||||
Turkiye Sise ve Cam Fabrikalari AS |
196,394 | 269,296 | ||||||
|
|
|||||||
Total Turkey |
|
1,448,307 | ||||||
TOTAL COMMON STOCKS (Cost: $73,148,691) |
|
63,458,407 | ||||||
|
Principal Amount |
|||||||
CORPORATE BONDS – 0.0% |
| |||||||
India – 0.0% |
| |||||||
Britannia
Industries Ltd. |
||||||||
(Cost: $2,259) | 164,430 | INR | 1,970 | |||||
Shares | ||||||||
PREFERRED STOCKS – 2.8% |
| |||||||
Brazil – 2.1% |
| |||||||
Bradespar SA |
20,336 | 89,332 | ||||||
Cia Energetica de Minas Gerais |
98,003 | 194,961 | ||||||
Cia Paranaense de Energia |
117,526 | 142,973 | ||||||
Gerdau SA |
50,908 | 230,029 | ||||||
Itausa SA |
151,772 | 273,023 | ||||||
Petroleo Brasileiro SA |
79,760 | 439,437 | ||||||
|
|
|||||||
Total Brazil |
|
1,369,755 | ||||||
South Korea – 0.7% |
| |||||||
LG Chem Ltd. |
632 | 111,319 | ||||||
Samsung Electronics Co. Ltd. |
10,285 | 337,154 | ||||||
|
|
|||||||
Total South Korea |
|
448,473 | ||||||
TOTAL PREFERRED STOCKS (Cost: $2,253,902) |
|
1,818,228 | ||||||
RIGHTS – 0.0% |
| |||||||
Brazil – 0.0% |
| |||||||
Localiza Rent a
Car SA, expiring 10/31/22* (Cost: $0) |
64 | 130 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.5% |
| |||||||
United States – 1.5% |
| |||||||
State
Street Navigator Securities Lending |
||||||||
(Cost: $970,995) | 970,995 | 970,995 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 101.7% (Cost: $76,375,847) |
|
66,249,730 | ||||||
Other Assets less Liabilities – (1.7)% |
|
(1,075,857 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 65,173,873 |
* |
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 $92,928, which represents 0.14% 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, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,539,808 and the total market value of the collateral held by the Fund was $1,641,620. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $670,625. |
(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, 2022. |
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 |
|||||||||||||||||||||||
State Street Bank and Trust |
10/3/2022 | 1,896 | USD | 10,200 | BRL | $ | 11 | $ | — |
See Notes to Financial Statements.
46 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
September 30, 2022
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 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 |
||||||||||||||||
India |
$ | 15,483,695 | $ | — | $ | 92,928 | * | $ | 15,576,623 | |||||||
Russia |
30,479 | — | 0 | * | 30,479 | |||||||||||
Taiwan |
10,044,390 | 126,062 | — | 10,170,452 | ||||||||||||
Other |
37,680,853 | — | — | 37,680,853 | ||||||||||||
Corporate Bonds |
— | 1,970 | — | 1,970 | ||||||||||||
Preferred Stocks |
1,818,228 | — | — | 1,818,228 | ||||||||||||
Rights |
130 | — | — | 130 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 970,995 | — | 970,995 | ||||||||||||
Total Investments in Securities |
$ | 65,057,775 | $ | 1,099,027 | $ | 92,928 | $ | 66,249,730 | ||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | 11 | $ | — | $ | 11 | ||||||||
Total – Net |
$ | 65,057,775 | $ | 1,099,038 | $ | 92,928 | $ | 66,249,741 |
* |
Securities are 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 | 47 |
Schedule of Investments (unaudited)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.1% | ||||||||
Brazil – 7.8% | ||||||||
Aliansce Sonae Shopping Centers SA |
344,775 | $ | 1,268,481 | |||||
Alupar Investimento SA |
1,007,921 | 5,068,628 | ||||||
Arezzo Industria e Comercio SA |
111,858 | 2,035,173 | ||||||
BR Properties SA |
1,071,685 | 1,646,506 | ||||||
BrasilAgro – Co. Brasileira de Propriedades Agricolas |
493,231 | 2,753,927 | ||||||
Camil Alimentos SA |
1,221,174 | 2,142,589 | ||||||
Cia Brasileira de Distribuicao |
1,819,331 | 6,522,057 | ||||||
Cia de Saneamento de Minas Gerais-COPASA |
1,585,114 | 3,868,383 | ||||||
Cia de Saneamento do Parana |
3,989,800 | 6,071,425 | ||||||
Cury Construtora e Incorporadora SA |
1,068,995 | 2,349,917 | ||||||
Cyrela Brazil Realty SA Empreendimentos e Participacoes |
4,932,823 | 16,735,036 | ||||||
Dexco SA |
787,042 | 1,360,519 | ||||||
EDP – Energias do Brasil SA |
2,998,625 | 12,102,385 | ||||||
Ez Tec Empreendimentos e Participacoes SA |
133,166 | 522,929 | ||||||
Fleury SA |
1,168,600 | 3,819,823 | ||||||
Fras-Le SA |
391,209 | 906,265 | ||||||
Grendene SA |
2,808,066 | 3,670,471 | ||||||
Guararapes Confeccoes SA |
395,115 | 638,455 | ||||||
Iguatemi SA |
189,534 | 713,444 | ||||||
Irani Papel e Embalagem SA |
757,179 | 1,108,712 | ||||||
JHSF Participacoes SA |
2,247,937 | 3,075,466 | ||||||
Kepler Weber SA |
405,820 | 1,606,368 | ||||||
Light SA |
1,482,870 | 1,480,444 | ||||||
M. Dias Branco SA |
179,857 | 1,456,786 | ||||||
Mahle-Metal Leve SA |
196,769 | 846,177 | ||||||
Minerva SA |
3,187,029 | 7,388,880 | ||||||
Movida Participacoes SA |
499,017 | 1,141,248 | ||||||
MPM Corporeos SA* |
368,790 | 130,229 | ||||||
Multiplan Empreendimentos Imobiliarios SA |
971,841 | 4,342,771 | ||||||
Odontoprev SA |
2,589,810 | 4,213,526 | ||||||
Portobello SA |
732,563 | 1,393,655 | ||||||
Positivo Tecnologia SA |
436,668 | 1,005,115 | ||||||
Romi SA |
497,315 | 1,622,824 | ||||||
Sao Martinho SA |
953,533 | 4,498,953 | ||||||
SIMPAR SA |
288,913 | 515,988 | ||||||
SLC Agricola SA |
518,168 | 4,147,183 | ||||||
Sul America SA |
2,001,999 | 8,165,155 | ||||||
SYN prop e tech SA |
883,375 | 798,636 | ||||||
Transmissora Alianca de Energia Eletrica SA |
5,346,662 | 38,502,174 | ||||||
Unipar Carbocloro SA |
105,270 | 1,669,497 | ||||||
Wiz Solucoes e Corretagem de Seguros SA |
635,626 | 935,427 | ||||||
YDUQS Participacoes SA |
646,926 | 1,728,294 | ||||||
|
|
|||||||
Total Brazil |
|
165,969,921 | ||||||
Chile – 0.8% | ||||||||
CAP SA |
1,369,231 | 8,947,774 | ||||||
Empresa Nacional de Telecomunicaciones SA |
758,367 | 2,171,309 | ||||||
SMU SA |
14,116,933 | 1,377,305 | ||||||
SONDA SA |
2,536,248 | 921,637 | ||||||
Vina Concha y Toro SA |
2,973,588 | $ | 3,405,269 | |||||
|
|
|||||||
Total Chile |
|
16,823,294 | ||||||
China – 13.7% | ||||||||
Anhui Guangxin Agrochemical Co. Ltd., Class A |
294,520 | 1,064,612 | ||||||
Aoyuan Healthy Life Group Co. Ltd.*†(a) |
2,448,000 | 459,662 | ||||||
Asiainfo Technologies Ltd.(a)(b) |
1,674,400 | 2,261,002 | ||||||
Ausnutria Dairy Corp. Ltd.*(a) |
2,384,000 | 1,479,010 | ||||||
BAIC Motor Corp. Ltd., Class H(b) |
7,992,000 | 1,751,136 | ||||||
Bank of Chongqing Co. Ltd., Class A |
1,342,100 | 1,272,606 | ||||||
Bank of Chongqing Co. Ltd., Class H(a) |
5,594,500 | 2,679,693 | ||||||
Beijing Jingneng Clean Energy Co. Ltd., Class H |
9,130,000 | 1,744,608 | ||||||
Beijing Tong Ren Tang Chinese Medicine Co. Ltd.(a) |
947,000 | 1,064,031 | ||||||
Biem.L.Fdlkk Garment Co. Ltd., Class A |
190,600 | 588,444 | ||||||
Binjiang Service Group Co. Ltd. |
693,000 | 1,712,659 | ||||||
Bluefocus Intelligent Communications Group Co. Ltd., Class A |
1,886,000 | 1,185,174 | ||||||
Bright Dairy & Food Co. Ltd., Class A |
454,300 | 667,193 | ||||||
C&D International Investment Group Ltd.(a) |
5,300,304 | 13,672,933 | ||||||
Cabbeen Fashion Ltd. |
1,464,000 | 262,964 | ||||||
Central China New Life Ltd.(a) |
3,640,000 | 1,154,613 | ||||||
Chengdu Wintrue Holding Co. Ltd., Class A |
468,600 | 794,020 | ||||||
Chengdu Xingrong Environment Co. Ltd., Class A |
1,881,200 | 1,311,456 | ||||||
China Automotive Engineering Research Institute Co. Ltd., Class A |
473,200 | 1,255,158 | ||||||
China Bohai Bank Co. Ltd., Class H(a)(b) |
13,728,500 | 1,871,297 | ||||||
China Communications Services Corp. Ltd., Class H |
14,770,000 | 4,967,299 | ||||||
China Datang Corp. Renewable Power Co. Ltd., Class H |
3,743,000 | 872,583 | ||||||
China East Education Holdings Ltd.(a)(b) |
1,391,500 | 460,885 | ||||||
China Everbright Greentech Ltd.(a)(b) |
2,674,000 | 510,962 | ||||||
China Foods Ltd. |
4,716,000 | 1,405,806 | ||||||
China Hanking Holdings Ltd. |
8,823,000 | 865,452 | ||||||
China Harmony Auto Holding Ltd.(a) |
2,550,500 | 490,612 | ||||||
China Kepei Education Group Ltd. |
1,454,000 | 324,144 | ||||||
China Modern Dairy Holdings Ltd.(a) |
9,445,000 | 1,082,880 | ||||||
China New Higher Education Group Ltd.(a)(b) |
2,732,000 | 668,217 | ||||||
China Nonferrous Mining Corp. Ltd.(a) |
6,824,000 | 2,607,931 | ||||||
China Reinsurance Group Corp., Class H |
62,442,000 | 3,857,931 | ||||||
China Renaissance Holdings Ltd.*(a)(b) |
711,500 | 610,901 | ||||||
China Risun Group Ltd.(a) |
9,842,000 | 3,849,086 | ||||||
China South Publishing & Media Group Co. Ltd., Class A |
3,537,100 | 4,882,078 | ||||||
China Tianbao Group Development Co. Ltd.* |
329,000 | 129,925 | ||||||
China Water Affairs Group Ltd.(a) |
4,462,000 | 3,535,541 | ||||||
China World Trade Center Co. Ltd., Class A |
404,600 | 776,947 | ||||||
China XLX Fertiliser Ltd. |
965,000 | 484,350 | ||||||
CIMC Enric Holdings Ltd.(a) |
1,764,000 | 1,880,875 | ||||||
CITIC Telecom International Holdings Ltd. |
24,783,000 | 8,019,060 | ||||||
Consun Pharmaceutical Group Ltd. |
4,906,000 | 2,099,920 |
See Notes to Financial Statements.
48 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
Investments | Shares | Value | ||||||
CTS International Logistics Corp. Ltd., Class A |
894,300 | $ | 1,202,996 | |||||
DaFa Properties Group Ltd.(a) |
923,000 | 20,224 | ||||||
Datang Group Holdings Ltd.*(a) |
2,273,000 | 457,501 | ||||||
Dexin China Holdings Co. Ltd.(a) |
7,250,000 | 1,283,774 | ||||||
Dynagreen Environmental Protection Group Co. Ltd., Class H(a) |
2,658,000 | 805,875 | ||||||
E-Star Commercial Management Co. Ltd. |
1,227,000 | 211,015 | ||||||
Edvantage Group Holdings Ltd. |
1,396,000 | 345,003 | ||||||
EEKA Fashion Holdings Ltd.(a) |
1,126,000 | 1,531,953 | ||||||
Excellence Commercial Property & Facilities Management Group Ltd.(a) |
4,318,000 | 1,512,694 | ||||||
Fangda Special Steel Technology Co. Ltd., Class A |
7,836,377 | 6,628,189 | ||||||
Fire Rock Holdings Ltd.*†(a) |
1,664,000 | 109,014 | ||||||
Fu Shou Yuan International Group Ltd. |
3,786,000 | 2,088,355 | ||||||
Fufeng Group Ltd. |
8,454,000 | 4,318,595 | ||||||
Fulu Holdings Ltd.(a) |
1,208,500 | 720,491 | ||||||
Ganglong China Property Group Ltd.*(a) |
3,181,000 | 968,495 | ||||||
Gansu Shangfeng Cement Co. Ltd., Class A |
1,233,280 | 2,141,631 | ||||||
Genertec Universal Medical Group Co. Ltd.(b) |
6,585,000 | 3,372,234 | ||||||
Greenland Hong Kong Holdings Ltd.(a) |
14,152,000 | 973,526 | ||||||
Greentown Management Holdings Co. Ltd.(b) |
4,793,000 | 4,090,893 | ||||||
Guangdong Baolihua New Energy Stock Co. Ltd., Class A |
5,654,205 | 3,743,482 | ||||||
Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A |
646,600 | 1,607,169 | ||||||
Guizhou Panjiang Refined Coal Co. Ltd., Class A |
1,347,300 | 1,602,590 | ||||||
Hainan Strait Shipping Co. Ltd., Class A |
842,300 | 582,473 | ||||||
Hangcha Group Co. Ltd., Class A |
514,980 | 896,447 | ||||||
Hangzhou Binjiang Real Estate Group Co. Ltd., Class A |
3,673,600 | 5,395,116 | ||||||
Health & Happiness H&H International Holdings Ltd. |
1,295,500 | 1,217,951 | ||||||
Hisense Home Appliances Group Co. Ltd., Class H |
2,386,000 | 2,167,184 | ||||||
Huapont Life Sciences Co. Ltd., Class A |
2,756,500 | 2,056,989 | ||||||
Hubei Jumpcan Pharmaceutical Co. Ltd., Class A |
912,830 | 2,933,440 | ||||||
Huijing Holdings Co. Ltd.(a) |
4,128,000 | 41,018 | ||||||
JH Educational Technology, Inc.*(a) |
6,468,000 | 1,227,700 | ||||||
Jiangsu Provincial Agricultural Reclamation and Development Corp. |
661,880 | 1,067,676 | ||||||
Jiangsu Shagang Co. Ltd., Class A |
1,493,700 | 794,081 | ||||||
Jiangsu Zhongnan Construction Group Co. Ltd., Class A* |
12,746,600 | 4,148,056 | ||||||
Jiayuan Services Holdings Ltd. |
1,699,000 | 99,560 | ||||||
Jingrui Holdings Ltd.*† |
9,514,000 | 593,790 | ||||||
Jinlei Technology Co. Ltd., Class A* |
107,000 | 580,090 | ||||||
Jinneng Science & Technology Co. Ltd., Class A |
460,600 | 600,854 | ||||||
JNBY Design Ltd. |
3,162,500 | 3,090,023 | ||||||
Kaisa Prosperity Holdings Ltd.* |
355,750 | 113,751 | ||||||
Kehua Data Co. Ltd., Class A |
186,700 | 1,105,144 | ||||||
KingClean Electric Co. Ltd., Class A |
412,782 | 1,912,456 | ||||||
KWG Living Group Holdings Ltd. |
2,004,000 | 268,054 | ||||||
Lao Feng Xiang Co. Ltd., Class A |
189,800 | 1,050,015 | ||||||
Legend Holdings Corp., Class H(b) |
2,571,700 | 2,234,295 | ||||||
Liuzhou Iron & Steel Co. Ltd., Class A |
2,013,900 | 954,810 | ||||||
Lonking Holdings Ltd. |
33,744,000 | 4,943,451 | ||||||
Maccura Biotechnology Co. Ltd., Class A |
427,300 | 1,003,945 | ||||||
NanJi E-Commerce Co. Ltd., Class A |
2,946,200 | 1,839,012 | ||||||
Nantong Jianghai Capacitor Co. Ltd., Class A |
189,543 | 642,343 | ||||||
NetDragon Websoft Holdings Ltd. |
1,183,000 | 2,155,047 | ||||||
Newland Digital Technology Co. Ltd., Class A |
1,114,300 | 1,892,817 | ||||||
Opple Lighting Co. Ltd., Class A |
222,000 | 471,145 | ||||||
People.cn Co. Ltd., Class A |
633,400 | 916,896 | ||||||
Poly Property Group Co. Ltd. |
19,041,000 | 3,395,890 | ||||||
Poly Property Services Co. Ltd., Class H(a) |
190,200 | 1,009,163 | ||||||
Powerlong Commercial Management Holdings Ltd. |
561,500 | 236,048 | ||||||
Prinx Chengshan Holdings Ltd. |
1,418,000 | 1,174,155 | ||||||
Pujiang International Group Ltd.* |
1,353,000 | 465,369 | ||||||
Qinhuangdao Port Co. Ltd., Class A |
1,987,800 | 741,680 | ||||||
Radiance Holdings Group Co. Ltd.(a) |
6,718,000 | 2,909,744 | ||||||
Redco Properties Group Ltd.*(a)(b) |
3,240,000 | 726,430 | ||||||
S-Enjoy Service Group Co. Ltd.*(a) |
489,000 | 356,943 | ||||||
Sanquan Food Co. Ltd., Class A |
644,868 | 1,469,895 | ||||||
Shandong Bohui Paper Industrial Co. Ltd., Class A |
494,500 | 479,299 | ||||||
Shandong Chenming Paper Holdings Ltd., Class A* |
1,180,300 | 774,819 | ||||||
Shandong Chenming Paper Holdings Ltd., Class H*(a) |
3,380,000 | 934,356 | ||||||
Shanghai Chinafortune Co. Ltd., Class A |
384,600 | 572,923 | ||||||
Shanghai Environment Group Co. Ltd., Class A |
361,800 | 451,670 | ||||||
Shanghai Flyco Electrical Appliance Co. Ltd., Class A |
100,500 | 1,106,478 | ||||||
Shanghai Industrial Holdings Ltd. |
4,512,000 | 4,885,667 | ||||||
Shanghai Liangxin Electrical Co. Ltd., Class A |
788,200 | 1,297,976 | ||||||
Shanying International Holding Co. Ltd., Class A |
2,308,300 | 770,604 | ||||||
Shenzhen Expressway Corp. Ltd., Class A |
906,992 | 1,012,695 | ||||||
Shenzhen Expressway Corp. Ltd., Class H |
9,498,000 | 6,945,123 | ||||||
Shenzhen Huaqiang Industry Co. Ltd., Class A |
407,700 | 682,250 | ||||||
Shenzhen Jinjia Group Co. Ltd., Class A |
1,904,485 | 2,265,352 | ||||||
Shenzhen Megmeet Electrical Co. Ltd., Class A |
120,300 | 487,332 | ||||||
Shinsun Holdings Group Co. Ltd.*(a) |
9,467,000 | 337,681 | ||||||
Shougang Fushan Resources Group Ltd. |
31,324,412 | 9,138,066 | ||||||
Shui On Land Ltd.(a) |
25,137,500 | 2,561,816 | ||||||
Simcere Pharmaceutical Group Ltd.(b) |
1,891,000 | 1,640,493 | ||||||
Sinic Holdings Group Co. Ltd., Class H*† |
3,669,000 | 116,849 | ||||||
Sino-Ocean Group Holding Ltd. |
40,976,500 | 4,280,402 | ||||||
Sino-Ocean Service Holding Ltd.(b) |
1,216,500 | 283,595 | ||||||
Sinopec Engineering Group Co. Ltd., Class H |
16,392,000 | 6,577,765 | ||||||
Sinopec Kantons Holdings Ltd.(a) |
9,310,000 | 2,573,625 | ||||||
Sinosoft Co. Ltd., Class A |
425,100 | 1,324,944 | ||||||
Sunkwan Properties Group Ltd.*(a) |
1,902,000 | 15,992 |
See Notes to Financial Statements.
WisdomTree Trust | 49 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
Investments | Shares | Value | ||||||
Suofeiya Home Collection Co. Ltd., Class A |
1,264,400 | $ | 2,977,813 | |||||
Suzhou Gold Mantis Construction Decoration Co. Ltd., Class A* |
2,917,100 | 1,849,490 | ||||||
SY Holdings Group Ltd.(a) |
13,000 | 8,297 | ||||||
TangShan Port Group Co. Ltd., Class A |
12,176,900 | 4,406,753 | ||||||
Tian Lun Gas Holdings Ltd.(a) |
4,516,500 | 1,984,984 | ||||||
Tiangong International Co. Ltd.(a) |
3,722,000 | 1,005,190 | ||||||
Tianjin Pharmaceutical Da Re Tang Group Corp. Ltd., Class A |
241,000 | 747,426 | ||||||
Tianli International Holdings Ltd.*(a) |
13,293,000 | 2,438,492 | ||||||
Times Neighborhood Holdings Ltd.(a) |
2,471,000 | 195,164 | ||||||
Tong Ren Tang Technologies Co. Ltd., Class H |
2,512,888 | 1,466,137 | ||||||
Tongling Jingda Special Magnet Wire Co. Ltd., Class A |
1,153,400 | 690,828 | ||||||
Tongyu Heavy Industry Co. Ltd., Class A |
3,143,300 | 1,093,452 | ||||||
Valiant Co. Ltd., Class A |
414,000 | 846,682 | ||||||
Vesync Co. Ltd. |
426,000 | 171,488 | ||||||
Wasu Media Holding Co. Ltd., Class A |
825,700 | 773,679 | ||||||
Wuxi Taiji Industry Co. Ltd., Class A |
1,907,200 | 1,532,897 | ||||||
Xiabuxiabu Catering Management China Holdings Co. Ltd.(a)(b) |
994,000 | 655,922 | ||||||
Xiamen ITG Group Corp. Ltd., Class A |
4,479,000 | 4,008,335 | ||||||
Xiamen Xiangyu Co. Ltd., Class A |
2,536,900 | 2,967,780 | ||||||
Xinjiang Tianshan Cement Co. Ltd., Class A |
1,153,800 | 1,438,780 | ||||||
Xinte Energy Co. Ltd., Class H(a) |
206,800 | 439,423 | ||||||
Yangtze Optical Fibre and Cable Joint Stock Ltd. Co., Class H(a)(b) |
506,000 | 1,149,956 | ||||||
Yuexiu Transport Infrastructure Ltd. |
10,220,000 | 4,153,148 | ||||||
Zhejiang Expressway Co. Ltd., Class H |
12,690,000 | 8,648,709 | ||||||
Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A |
2,110,200 | 2,702,444 | ||||||
Zhejiang JIULI Hi-tech Metals Co. Ltd., Class A |
1,066,500 | 2,423,473 | ||||||
Zhejiang Medicine Co. Ltd., Class A |
582,653 | 1,107,418 | ||||||
Zhejiang Wanliyang Co. Ltd., Class A* |
1,404,800 | 1,562,608 | ||||||
Zhengzhou Coal Mining Machinery Group Co. Ltd., Class H |
1,061,200 | 1,061,213 | ||||||
Zhenro Services Group Ltd.* |
1,352,000 | 68,893 | ||||||
Zhongshan Broad Ocean Motor Co. Ltd., Class A |
2,614,500 | 1,940,022 | ||||||
Zhongshan Public Utilities Group Co. Ltd., Class A |
1,655,702 | 1,511,908 | ||||||
Zhou Hei Ya International Holdings Co. Ltd.*(a)(b) |
1,118,500 | 545,721 | ||||||
|
|
|||||||
Total China |
|
293,944,598 | ||||||
Hong Kong – 0.6% | ||||||||
Canvest Environmental Protection Group Co. Ltd.(a) |
2,408,000 | 1,515,372 | ||||||
Concord New Energy Group Ltd. |
31,420,000 | 2,601,689 | ||||||
Digital China Holdings Ltd. |
4,525,000 | 1,815,787 | ||||||
Huisen Household International Group Ltd.*(a) |
4,164,000 | 148,527 | ||||||
IMAX China Holding, Inc.(a)(b) |
817,600 | 582,222 | ||||||
IVD Medical Holding Ltd.(a) |
2,242,000 | 671,181 | ||||||
Modern Dental Group Ltd. |
1,538,000 | 344,830 | ||||||
Nissin Foods Co. Ltd.(a) |
1,028,000 | 802,767 | ||||||
Perfect Medical Health Management Ltd. |
6,671,000 | 2,838,398 | ||||||
VPower Group International Holdings Ltd., Class H*(a)(b) |
4,623,000 | 435,804 | ||||||
Wasion Holdings Ltd. |
4,918,000 | 1,246,745 | ||||||
|
|
|||||||
Total Hong Kong |
|
13,003,322 | ||||||
Hungary – 0.0% | ||||||||
Magyar Telekom Telecommunications PLC |
1,266,204 | 866,393 | ||||||
India – 9.0% | ||||||||
Aegis Logistics Ltd. |
346,577 | 1,154,955 | ||||||
AIA Engineering Ltd. |
30,740 | 948,145 | ||||||
Ajanta Pharma Ltd. |
57,688 | 902,323 | ||||||
Alembic Pharmaceuticals Ltd. |
147,569 | 1,096,819 | ||||||
Amara Raja Batteries Ltd. |
193,049 | 1,165,158 | ||||||
Angel One Ltd. |
40,846 | 683,852 | ||||||
Apollo Tyres Ltd. |
628,277 | 2,152,405 | ||||||
Avanti Feeds Ltd. |
88,424 | 509,069 | ||||||
Bajaj Consumer Care Ltd. |
522,456 | 1,001,867 | ||||||
Balmer Lawrie & Co. Ltd. |
731,211 | 1,008,489 | ||||||
Balrampur Chini Mills Ltd. |
185,137 | 791,286 | ||||||
Bharat Dynamics Ltd. |
114,689 | 1,233,223 | ||||||
Birla Corp. Ltd. |
30,507 | 358,222 | ||||||
Birlasoft Ltd. |
313,916 | 1,089,910 | ||||||
Blue Star Ltd. |
105,594 | 1,428,645 | ||||||
Carborundum Universal Ltd. |
41,133 | 453,240 | ||||||
Care Ratings Ltd. |
150,800 | 937,596 | ||||||
Castrol India Ltd. |
3,555,759 | 4,925,973 | ||||||
CCL Products India Ltd. |
169,892 | 1,049,409 | ||||||
Ceat Ltd. |
55,211 | 1,067,962 | ||||||
CESC Ltd. |
6,862,233 | 6,520,497 | ||||||
Chambal Fertilisers and Chemicals Ltd. |
731,595 | 2,872,826 | ||||||
Cochin Shipyard Ltd.(b) |
230,009 | 1,246,864 | ||||||
Computer Age Management Services Ltd. |
35,373 | 1,098,959 | ||||||
Cosmo First Ltd. |
124,889 | 1,337,528 | ||||||
CRISIL Ltd. |
67,130 | 2,693,947 | ||||||
Cyient Ltd. |
194,604 | 1,896,732 | ||||||
DB Corp. Ltd. |
553,628 | 836,044 | ||||||
DCM Shriram Ltd. |
96,802 | 1,188,261 | ||||||
Deepak Fertilisers & Petrochemicals Corp. Ltd. |
157,529 | 1,701,810 | ||||||
Edelweiss Financial Services Ltd. |
1,349,483 | 1,017,695 | ||||||
Emami Ltd. |
608,835 | 3,774,195 | ||||||
Endurance Technologies Ltd.(b) |
26,713 | 467,577 | ||||||
Engineers India Ltd. |
1,740,754 | 1,366,262 | ||||||
EPL Ltd. |
248,673 | 538,758 | ||||||
Equitas Holdings Ltd.* |
577,907 | 704,347 | ||||||
Eris Lifesciences Ltd.(b) |
109,215 | 954,459 | ||||||
Exide Industries Ltd. |
721,796 | 1,392,552 | ||||||
Federal Bank Ltd. |
1,580,620 | 2,307,262 | ||||||
Finolex Cables Ltd. |
253,413 | 1,462,515 | ||||||
Finolex Industries Ltd. |
548,940 | 921,746 | ||||||
Firstsource Solutions Ltd. |
1,064,010 | 1,370,701 | ||||||
Galaxy Surfactants Ltd. |
6,699 | 247,073 | ||||||
Geojit Financial Services Ltd. |
754,845 | 437,033 |
See Notes to Financial Statements.
50 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
Investments | Shares | Value | ||||||
GHCL Ltd. |
198,071 | $ | 1,581,987 | |||||
Glenmark Pharmaceuticals Ltd. |
118,564 | 566,431 | ||||||
Godawari Power and Ispat Ltd. |
140,572 | 481,583 | ||||||
Godfrey Phillips India Ltd. |
66,835 | 943,070 | ||||||
Godrej Agrovet Ltd.(b) |
66,645 | 420,836 | ||||||
Graphite India Ltd. |
71,647 | 313,621 | ||||||
Great Eastern Shipping Co. Ltd. |
490,499 | 3,258,588 | ||||||
Grindwell Norton Ltd. |
46,181 | 1,171,765 | ||||||
Gujarat Narmada Valley Fertilizers & Chemicals Ltd. |
283,635 | 2,237,143 | ||||||
Gujarat Pipavav Port Ltd. |
1,637,097 | 1,753,790 | ||||||
Gujarat State Fertilizers & Chemicals Ltd. |
905,780 | 1,457,465 | ||||||
Gujarat State Petronet Ltd. |
468,830 | 1,330,973 | ||||||
Gulf Oil Lubricants India Ltd. |
76,505 | 403,256 | ||||||
HeidelbergCement India Ltd. |
524,727 | 1,221,979 | ||||||
Hinduja Global Solutions Ltd. |
28,199 | 438,161 | ||||||
Housing & Urban Development Corp. Ltd. |
2,315,058 | 1,003,129 | ||||||
ICICI Securities Ltd.(b) |
423,202 | 2,721,509 | ||||||
IIFL Finance Ltd. |
229,028 | 990,140 | ||||||
IIFL Wealth Management Ltd. |
195,664 | 4,426,244 | ||||||
Indiabulls Housing Finance Ltd.* |
1,907,773 | 2,784,813 | ||||||
Indian Bank |
456,038 | 1,103,500 | ||||||
Indian Energy Exchange Ltd.(b) |
530,181 | 925,766 | ||||||
IRCON International Ltd.(b) |
2,931,086 | 1,423,185 | ||||||
JB Chemicals & Pharmaceuticals Ltd. |
77,232 | 1,822,590 | ||||||
Jindal Saw Ltd. |
555,344 | 563,186 | ||||||
JK Lakshmi Cement Ltd. |
56,488 | 406,277 | ||||||
JK Paper Ltd. |
399,833 | 1,860,288 | ||||||
JK Tyre & Industries Ltd. |
258,742 | 529,085 | ||||||
Jubilant Pharmova Ltd. |
103,658 | 428,069 | ||||||
Jyothy Labs Ltd. |
303,201 | 702,365 | ||||||
Kajaria Ceramics Ltd. |
119,890 | 1,769,069 | ||||||
Kalpataru Power Transmission Ltd. |
277,522 | 1,437,566 | ||||||
KEC International Ltd. |
175,330 | 969,311 | ||||||
Kirloskar Ferrous Industries Ltd. |
249,155 | 812,842 | ||||||
Kirloskar Oil Engines Ltd. |
189,136 | 565,074 | ||||||
KPIT Technologies Ltd. |
97,516 | 791,024 | ||||||
LIC Housing Finance Ltd. |
1,282,238 | 6,523,000 | ||||||
Mahanagar Gas Ltd. |
237,564 | 2,430,066 | ||||||
Manappuram Finance Ltd. |
1,002,607 | 1,201,015 | ||||||
Mazagon Dock Shipbuilders Ltd. |
123,753 | 750,645 | ||||||
Metropolis Healthcare Ltd.(b) |
24,031 | 459,152 | ||||||
Mindspace Business Parks REIT(b) |
1,856,498 | 8,312,693 | ||||||
Motilal Oswal Financial Services Ltd. |
79,431 | 708,863 | ||||||
Multi Commodity Exchange of India Ltd. |
51,778 | 775,703 | ||||||
Natco Pharma Ltd. |
106,724 | 794,744 | ||||||
National Aluminium Co. Ltd. |
6,393,496 | 5,603,556 | ||||||
Navin Fluorine International Ltd. |
21,822 | 1,204,644 | ||||||
NBCC India Ltd. |
973,718 | 368,056 | ||||||
NCC Ltd. |
533,333 | 470,388 | ||||||
NIIT Ltd. |
309,126 | 1,194,496 | ||||||
NLC India Ltd. |
1,149,407 | 961,474 | ||||||
Orient Cement Ltd. |
278,343 | 443,597 | ||||||
Orient Electric Ltd. |
26,066 | 87,441 | ||||||
PCBL Ltd. |
863,115 | 1,362,820 | ||||||
Polyplex Corp. Ltd. |
119,850 | 2,918,417 | ||||||
Praj Industries Ltd. |
147,893 | 758,360 | ||||||
Prestige Estates Projects Ltd. |
131,921 | 729,406 | ||||||
PTC India Ltd. |
2,895,746 | 2,731,962 | ||||||
Quess Corp. Ltd.(b) |
64,694 | 513,130 | ||||||
Rail Vikas Nigam Ltd. |
7,505,957 | 3,109,365 | ||||||
Railtel Corp. of India Ltd. |
361,261 | 458,952 | ||||||
Rallis India Ltd. |
217,431 | 562,078 | ||||||
Ramco Cements Ltd. |
58,129 | 539,123 | ||||||
Rashtriya Chemicals & Fertilizers Ltd. |
1,005,521 | 1,161,863 | ||||||
Ratnamani Metals & Tubes Ltd. |
25,350 | 588,525 | ||||||
Redington Ltd. |
2,744,745 | 4,696,529 | ||||||
Sanofi India Ltd. |
29,675 | 2,108,698 | ||||||
Sasken Technologies Ltd. |
31,156 | 309,947 | ||||||
Shriram City Union Finance Ltd. |
34,246 | 735,951 | ||||||
SJVN Ltd. |
8,389,756 | 3,202,187 | ||||||
SKF India Ltd. |
17,603 | 1,019,844 | ||||||
Sonata Software Ltd. |
278,016 | 1,762,051 | ||||||
Sterlite Technologies Ltd. |
272,022 | 551,058 | ||||||
Subex Ltd.* |
1,135,582 | 443,198 | ||||||
Sudarshan Chemical Industries Ltd. |
86,820 | 446,793 | ||||||
Sundram Fasteners Ltd. |
158,345 | 1,769,310 | ||||||
Supreme Petrochem Ltd. |
136,729 | 1,278,695 | ||||||
Suven Pharmaceuticals Ltd. |
83,814 | 464,602 | ||||||
Swaraj Engines Ltd. |
48,753 | 953,740 | ||||||
Tata Chemicals Ltd. |
248,203 | 3,370,597 | ||||||
Techno Electric & Engineering Co. Ltd. |
288,444 | 937,473 | ||||||
Thermax Ltd. |
80,946 | 2,158,693 | ||||||
Thyrocare Technologies Ltd.(b) |
83,361 | 717,601 | ||||||
Torrent Power Ltd. |
484,862 | 2,901,975 | ||||||
Trident Ltd. |
2,461,482 | 1,102,884 | ||||||
UTI Asset Management Co. Ltd. |
101,776 | 904,210 | ||||||
V-Guard Industries Ltd. |
89,094 | 265,964 | ||||||
Vaibhav Global Ltd. |
67,737 | 292,801 | ||||||
Vardhman Textiles Ltd. |
156,535 | 649,221 | ||||||
Welspun Corp. Ltd. |
709,213 | 2,311,118 | ||||||
Yes Bank Ltd.*(c) |
5,997,912 | 1,153,852 | ||||||
Zensar Technologies Ltd. |
117,700 | 306,218 | ||||||
|
|
|||||||
Total India |
|
192,468,615 | ||||||
Indonesia – 1.6% | ||||||||
Ace Hardware Indonesia Tbk PT |
22,526,200 | 902,379 | ||||||
AKR Corporindo Tbk PT |
51,265,225 | 4,544,939 | ||||||
Astra Agro Lestari Tbk PT |
1,511,100 | 818,688 | ||||||
Bank BTPN Syariah Tbk PT |
2,865,800 | 513,783 | ||||||
Bank Danamon Indonesia Tbk PT |
3,758,700 | 626,964 | ||||||
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT |
21,089,728 | 1,876,643 | ||||||
Bank Pembangunan Daerah Jawa Timur Tbk PT |
39,653,800 | 1,848,905 | ||||||
BFI Finance Indonesia Tbk PT |
29,848,500 | 2,254,196 | ||||||
Bukit Asam Tbk PT |
14,546,600 | 3,983,538 | ||||||
Ciputra Development Tbk PT |
11,374,300 | 709,610 | ||||||
Erajaya Swasembada Tbk PT |
24,868,200 | 676,108 |
See Notes to Financial Statements.
WisdomTree Trust | 51 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
Investments | Shares | Value | ||||||
Indo Tambangraya Megah Tbk PT |
1,447,400 | $ | 3,937,517 | |||||
Industri Jamu Dan Farmasi Sido Muncul Tbk PT |
50,478,770 | 2,353,632 | ||||||
Japfa Comfeed Indonesia Tbk PT |
15,582,700 | 1,550,339 | ||||||
Media Nusantara Citra Tbk PT* |
14,612,200 | 796,462 | ||||||
Medikaloka Hermina Tbk PT |
6,100,400 | 651,003 | ||||||
Mitra Keluarga Karyasehat Tbk PT |
12,999,100 | 2,475,613 | ||||||
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT |
7,333,700 | 520,138 | ||||||
Puradelta Lestari Tbk PT |
171,469,600 | 1,936,810 | ||||||
Sawit Sumbermas Sarana Tbk PT |
21,070,700 | 1,791,926 | ||||||
|
|
|||||||
Total Indonesia |
|
34,769,193 | ||||||
Malaysia – 3.3% | ||||||||
Aeon Co. M Bhd |
3,024,300 | 893,528 | ||||||
Ann Joo Resources Bhd |
1,027,800 | 200,595 | ||||||
Astro Malaysia Holdings Bhd |
21,211,400 | 3,499,401 | ||||||
Bank Islam Malaysia Bhd |
4,159,800 | 2,305,518 | ||||||
Bermaz Auto Bhd |
4,013,100 | 1,618,395 | ||||||
British American Tobacco Malaysia Bhd |
1,128,100 | 2,496,076 | ||||||
Bursa Malaysia Bhd |
7,465,650 | 9,998,207 | ||||||
Carlsberg Brewery Malaysia Bhd |
571,900 | 2,775,016 | ||||||
DRB-Hicom Bhd |
718,800 | 203,068 | ||||||
Dufu Technology Corp. Bhd |
615,000 | 340,856 | ||||||
Duopharma Biotech Bhd |
2,522,012 | 707,055 | ||||||
Eco World Development Group Bhd |
11,222,000 | 1,476,261 | ||||||
FGV Holdings Bhd |
2,818,200 | 856,947 | ||||||
Fraser & Neave Holdings Bhd |
460,500 | 2,145,094 | ||||||
Frontken Corp. Bhd |
1,553,700 | 921,431 | ||||||
Genting Plantations Bhd |
831,800 | 1,029,660 | ||||||
Globetronics Technology Bhd |
3,102,633 | 782,851 | ||||||
Heineken Malaysia Bhd |
503,500 | 2,592,965 | ||||||
Hextar Global Bhd |
1,557,400 | 591,120 | ||||||
IJM Corp. Bhd |
12,048,500 | 4,339,227 | ||||||
Inari Amertron Bhd |
14,875,375 | 8,084,094 | ||||||
KPJ Healthcare Bhd |
3,350,600 | 570,838 | ||||||
Lotte Chemical Titan Holding Bhd(b) |
1,442,300 | 416,796 | ||||||
Malaysia Building Society Bhd |
14,934,228 | 1,851,883 | ||||||
Malaysian Pacific Industries Bhd |
105,300 | 652,647 | ||||||
Malaysian Resources Corp. Bhd |
9,298,300 | 601,572 | ||||||
Mega First Corp. Bhd |
2,328,700 | 1,657,259 | ||||||
My EG Services Bhd |
7,526,043 | 1,379,585 | ||||||
Scientex Bhd |
2,896,800 | 2,167,758 | ||||||
SKP Resources Bhd |
2,797,025 | 1,001,307 | ||||||
Sunway Bhd |
3,505,800 | 1,186,997 | ||||||
Supermax Corp. Bhd |
4,359,926 | 634,667 | ||||||
Syarikat Takaful Malaysia Keluarga Bhd |
881,200 | 627,121 | ||||||
TIME dotCom Bhd |
5,193,600 | 5,174,559 | ||||||
Uchi Technologies Bhd |
3,222,000 | 2,258,249 | ||||||
UMW Holdings Bhd |
864,200 | 557,248 | ||||||
Unisem M Bhd |
525,700 | 294,764 | ||||||
ViTrox Corp. Bhd |
195,600 | 304,979 | ||||||
VS Industry Bhd |
6,912,750 | 1,446,057 | ||||||
Yinson Holdings Bhd |
2,052,200 | 951,527 | ||||||
|
|
|||||||
Total Malaysia |
|
71,593,178 | ||||||
Mexico – 4.0% | ||||||||
Alpek SAB de CV(a) |
4,511,347 | 5,853,589 | ||||||
Banco del Bajio SA(b) |
7,896,101 | 19,992,068 | ||||||
Bolsa Mexicana de Valores SAB de CV |
5,083,116 | 8,516,732 | ||||||
Corp. Inmobiliaria Vesta SAB de CV |
6,949,017 | 12,966,660 | ||||||
GCC SAB de CV(a) |
391,086 | 2,347,586 | ||||||
Grupo Comercial Chedraui SA de CV |
456,394 | 1,350,740 | ||||||
Grupo Rotoplas SAB de CV*(a) |
613,982 | 879,407 | ||||||
Industrias Bachoco SAB de CV, Series B(a) |
903,658 | 3,499,133 | ||||||
Megacable Holdings SAB de CV, Series CPO |
5,196,228 | 10,486,780 | ||||||
Promotora y Operadora de Infraestructura SAB de CV |
590,552 | 4,028,353 | ||||||
Qualitas Controladora SAB de CV(a) |
1,889,978 | 7,806,175 | ||||||
Regional SAB de CV(a) |
1,265,775 | 7,146,758 | ||||||
|
|
|||||||
Total Mexico |
|
84,873,981 | ||||||
Philippines – 1.5% | ||||||||
Alliance Global Group, Inc. |
2,384,600 | 335,573 | ||||||
Century Pacific Food, Inc. |
3,329,600 | 1,277,885 | ||||||
D&L Industries, Inc. |
6,818,100 | 779,211 | ||||||
DMCI Holdings, Inc. |
41,464,600 | 6,995,051 | ||||||
First Gen Corp. |
2,790,200 | 774,831 | ||||||
GT Capital Holdings, Inc. |
67,180 | 476,247 | ||||||
LT Group, Inc. |
25,382,500 | 3,576,281 | ||||||
Megaworld Corp. |
23,663,000 | 823,412 | ||||||
Metro Pacific Investments Corp. |
33,436,000 | 1,899,222 | ||||||
Nickel Asia Corp. |
16,057,400 | 1,388,674 | ||||||
Puregold Price Club, Inc. |
1,434,600 | 691,300 | ||||||
Robinsons Land Corp. |
8,108,226 | 2,279,293 | ||||||
Robinsons Retail Holdings, Inc. |
977,210 | 911,785 | ||||||
Security Bank Corp. |
1,227,110 | 1,695,453 | ||||||
Semirara Mining & Power Corp. |
10,610,000 | 7,058,252 | ||||||
Wilcon Depot, Inc. |
1,702,900 | 928,062 | ||||||
|
|
|||||||
Total Philippines |
|
31,890,532 | ||||||
Poland – 0.5% | ||||||||
Asseco Poland SA |
293,889 | 4,114,684 | ||||||
Bank Handlowy w Warszawie SA |
161,574 | 1,776,365 | ||||||
Ciech SA |
247,885 | 1,595,016 | ||||||
LiveChat Software SA |
67,051 | 1,477,050 | ||||||
TEN Square Games SA(a) |
14,788 | 292,527 | ||||||
Warsaw Stock Exchange |
260,153 | 1,726,628 | ||||||
|
|
|||||||
Total Poland |
|
10,982,270 | ||||||
South Africa – 8.9% | ||||||||
Adcock Ingram Holdings Ltd. |
666,666 | 1,689,617 | ||||||
Advtech Ltd. |
3,042,978 | 3,013,771 | ||||||
AECI Ltd. |
809,162 | 3,884,518 | ||||||
African Rainbow Minerals Ltd.(a) |
1,584,197 | 21,553,365 | ||||||
Afrimat Ltd. |
625,765 | 1,671,260 | ||||||
Astral Foods Ltd. |
316,475 | 3,401,677 | ||||||
AVI Ltd. |
3,535,990 | 14,322,997 | ||||||
Cashbuild Ltd.(a) |
223,169 | 2,471,032 | ||||||
Coronation Fund Managers Ltd. |
2,452,149 | 4,098,626 | ||||||
DataTec Ltd. |
756,819 | 1,854,096 | ||||||
Dis-Chem Pharmacies Ltd.(b) |
753,115 | 1,334,634 |
See Notes to Financial Statements.
52 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
Investments | Shares | Value | ||||||
DRDGOLD Ltd.(a) |
3,634,103 | $ | 1,993,727 | |||||
Equites Property Fund Ltd.(a) |
7,214,201 | 6,462,575 | ||||||
Harmony Gold Mining Co. Ltd. |
1,918,541 | 4,560,304 | ||||||
Investec Ltd. |
1,779,304 | 7,092,466 | ||||||
Italtile Ltd. |
3,657,874 | 2,867,684 | ||||||
JSE Ltd. |
786,330 | 4,424,186 | ||||||
KAP Industrial Holdings Ltd. |
11,348,534 | 2,462,611 | ||||||
Metair Investments Ltd. |
1,008,176 | 1,514,578 | ||||||
Momentum Metropolitan Holdings |
2,906,432 | 2,715,203 | ||||||
Motus Holdings Ltd.(a) |
1,475,431 | 9,421,907 | ||||||
Oceana Group Ltd.(a) |
730,885 | 2,165,917 | ||||||
Omnia Holdings Ltd. |
1,079,922 | 4,061,913 | ||||||
Pick n Pay Stores Ltd.(a) |
1,561,404 | 4,819,958 | ||||||
Raubex Group Ltd. |
645,493 | 1,267,102 | ||||||
Resilient REIT Ltd.(a) |
3,323,956 | 8,866,349 | ||||||
Royal Bafokeng Platinum Ltd. |
2,477,908 | 19,790,175 | ||||||
Santam Ltd.(a) |
155,008 | 2,156,442 | ||||||
SPAR Group Ltd. |
1,942,755 | 15,496,640 | ||||||
Tiger Brands Ltd.(a) |
1,145,931 | 10,803,536 | ||||||
Transaction Capital Ltd. |
416,864 | 852,632 | ||||||
Truworths International Ltd.(a) |
5,630,515 | 15,617,258 | ||||||
Wilson Bayly Holmes-Ovcon Ltd. |
208,390 | 995,541 | ||||||
|
|
|||||||
Total South Africa |
|
189,704,297 | ||||||
South Korea – 9.8% | ||||||||
Aekyung Chemical Co. Ltd. |
62,568 | 415,021 | ||||||
AfreecaTV Co. Ltd. |
9,145 | 406,530 | ||||||
Ahnlab, Inc. |
13,303 | 572,772 | ||||||
APTC Co. Ltd. |
68,768 | 615,245 | ||||||
BGF Retail Co. Ltd. |
18,997 | 2,197,528 | ||||||
BH Co. Ltd. |
53,167 | 955,051 | ||||||
Binggrae Co. Ltd. |
18,198 | 501,790 | ||||||
BNK Financial Group, Inc. |
1,560,465 | 6,566,016 | ||||||
Caregen Co. Ltd.(a) |
14,396 | 1,157,154 | ||||||
Cheil Worldwide, Inc. |
553,059 | 8,775,033 | ||||||
Chong Kun Dang Pharmaceutical Corp. |
7,664 | 421,046 | ||||||
CJ Corp. |
42,803 | 2,079,268 | ||||||
CS Wind Corp.(a) |
20,665 | 876,749 | ||||||
Cuckoo Holdings Co. Ltd. |
36,036 | 414,337 | ||||||
Dae Won Kang Up Co. Ltd. |
200,688 | 377,333 | ||||||
Daeduck Electronics Co. Ltd. |
96,345 | 1,431,000 | ||||||
Daesang Corp. |
82,210 | 1,238,293 | ||||||
Daesang Holdings Co. Ltd. |
44,014 | 222,423 | ||||||
Daishin Securities Co. Ltd. |
397,735 | 3,822,504 | ||||||
Danawa Co. Ltd.* |
33,650 | 336,335 | ||||||
Daol Investment & Securities Co. Ltd. |
238,218 | 606,076 | ||||||
DB Financial Investment Co. Ltd. |
314,814 | 961,583 | ||||||
DB HiTek Co. Ltd. |
51,851 | 1,353,627 | ||||||
DGB Financial Group, Inc. |
942,578 | 4,591,996 | ||||||
Digital Daesung Co. Ltd. |
177,720 | 869,532 | ||||||
DL Holdings Co. Ltd. |
37,168 | 1,488,590 | ||||||
DN Automotive Corp. |
39,250 | 1,689,942 | ||||||
Dohwa Engineering Co. Ltd. |
72,612 | 392,319 | ||||||
DongKook Pharmaceutical Co. Ltd. |
26,430 | 300,194 | ||||||
Dongkuk Steel Mill Co. Ltd. |
104,987 | 792,521 | ||||||
Dongsuh Cos., Inc. |
182,784 | 2,657,376 | ||||||
Dongsung Chemical Co. Ltd. |
123,192 | 397,380 | ||||||
Dongsung Finetec Co. Ltd.(a) |
102,365 | 769,151 | ||||||
Dongwon Development Co. Ltd. |
392,490 | 886,100 | ||||||
DoubleUGames Co. Ltd.(a) |
8,651 | 265,450 | ||||||
Douzone Bizon Co. Ltd. |
11,941 | 260,403 | ||||||
EBEST Investment & Securities Co. Ltd. |
235,292 | 901,237 | ||||||
Echo Marketing, Inc. |
85,084 | 758,245 | ||||||
Ecopro Co. Ltd. |
11,311 | 914,715 | ||||||
Eugene Investment & Securities Co. Ltd. |
235,163 | 368,187 | ||||||
F&F Holdings Co. Ltd. |
60,858 | 623,170 | ||||||
Fila Holdings Corp. |
31,018 | 678,593 | ||||||
GOLFZON Co. Ltd. |
14,310 | 1,081,227 | ||||||
Green Cross Corp. |
3,963 | 342,092 | ||||||
Green Cross Holdings Corp. |
86,375 | 984,072 | ||||||
GS Engineering & Construction Corp. |
323,516 | 5,099,102 | ||||||
HAESUNG DS Co. Ltd. |
33,553 | 979,128 | ||||||
Han Kuk Carbon Co. Ltd. |
80,841 | 672,404 | ||||||
Hana Materials, Inc. |
18,843 | 378,651 | ||||||
Hana Pharm Co. Ltd. |
26,699 | 276,190 | ||||||
Handsome Co. Ltd. |
27,139 | 487,504 | ||||||
Hanil Cement Co. Ltd.(a) |
120,362 | 954,853 | ||||||
Hanil Holdings Co. Ltd. |
78,544 | 609,379 | ||||||
Hanjin Transportation Co. Ltd.(a) |
28,127 | 401,056 | ||||||
Hankook & Co. Co. Ltd.(a) |
122,784 | 1,068,471 | ||||||
Hanmi Semiconductor Co. Ltd. |
184,495 | 1,392,707 | ||||||
Hansae Co. Ltd. |
61,365 | 574,747 | ||||||
Hansol Chemical Co. Ltd. |
12,576 | 1,494,317 | ||||||
Hansol Paper Co. Ltd. |
105,528 | 1,106,395 | ||||||
Hanssem Co. Ltd. |
23,811 | 711,484 | ||||||
Hanwha Aerospace Co. Ltd.(a) |
51,727 | 2,223,534 | ||||||
Hanwha Corp.(a) |
137,775 | 2,354,511 | ||||||
Hanwha Systems Co. Ltd.(a) |
121,557 | 938,845 | ||||||
Hanyang Eng Co. Ltd. |
54,876 | 492,875 | ||||||
HDC Holdings Co. Ltd. |
140,076 | 579,611 | ||||||
Hite Jinro Co. Ltd. |
95,151 | 1,762,425 | ||||||
HL Holdings Corp. |
53,384 | 1,182,829 | ||||||
HS Industries Co. Ltd. |
212,847 | 618,888 | ||||||
Huons Co. Ltd.(a) |
7,840 | 174,533 | ||||||
Huvis Corp. |
66,720 | 250,427 | ||||||
Hyosung TNC Corp. |
4,856 | 879,083 | ||||||
Hyundai Department Store Co. Ltd. |
24,484 | 930,964 | ||||||
Hyundai Elevator Co. Ltd. |
55,906 | 877,256 | ||||||
Hyundai Greenfood Co. Ltd. |
120,622 | 540,426 | ||||||
Hyundai Marine & Fire Insurance Co. Ltd. |
296,002 | 6,061,969 | ||||||
Hyundai Motor Securities Co. Ltd. |
233,894 | 1,589,047 | ||||||
Hyundai Wia Corp. |
24,644 | 1,035,231 | ||||||
iMarketKorea, Inc. |
192,047 | 1,396,022 | ||||||
Innocean Worldwide, Inc. |
38,528 | 1,117,573 | ||||||
IS Dongseo Co. Ltd. |
39,309 | 840,746 | ||||||
JB Financial Group Co. Ltd. |
1,160,997 | 5,647,962 | ||||||
JW Life Science Corp.(a) |
49,266 | 389,114 | ||||||
KCC Glass Corp. |
100,944 | 2,818,699 |
See Notes to Financial Statements.
WisdomTree Trust | 53 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
Investments | Shares | Value | ||||||
KEPCO Plant Service & Engineering Co. Ltd.(a) |
99,790 | $ | 2,420,293 | |||||
Kginicis Co. Ltd. |
37,421 | 308,638 | ||||||
KIWOOM Securities Co. Ltd. |
61,245 | 3,240,544 | ||||||
Koentec Co. Ltd.(a) |
245,388 | 1,390,995 | ||||||
Koh Young Technology, Inc. |
70,532 | 626,097 | ||||||
Kolon Corp. |
21,270 | 333,017 | ||||||
Kolon Industries, Inc. |
45,417 | 1,342,797 | ||||||
Korea Aerospace Industries Ltd. |
82,767 | 2,802,867 | ||||||
Korea Asset In Trust Co. Ltd. |
742,984 | 1,602,087 | ||||||
Korea Electric Terminal Co. Ltd. |
16,424 | 715,185 | ||||||
Korea Petrochemical Ind Co. Ltd. |
9,896 | 715,898 | ||||||
Korea Real Estate Investment & Trust Co. Ltd. |
1,163,767 | 1,114,392 | ||||||
Korean Reinsurance Co. |
742,906 | 4,076,195 | ||||||
KSS LINE Ltd. |
77,686 | 480,006 | ||||||
Kukdo Chemical Co. Ltd. |
13,870 | 418,320 | ||||||
Kumho E&C Co. Ltd. |
209,725 | 1,093,555 | ||||||
Kyobo Securities Co. Ltd. |
155,250 | 615,270 | ||||||
Kyungdong Pharm Co. Ltd. |
148,286 | 742,104 | ||||||
LEADCORP, Inc.(a) |
150,219 | 964,921 | ||||||
LEENO Industrial, Inc.(a) |
20,143 | 1,752,851 | ||||||
LF Corp. |
63,161 | 644,545 | ||||||
LIG Nex1 Co. Ltd. |
37,434 | 2,362,683 | ||||||
Lotte Chilsung Beverage Co. Ltd. |
9,166 | 1,021,861 | ||||||
Lotte Data Communication Co. |
15,129 | 249,559 | ||||||
LOTTE Fine Chemical Co. Ltd. |
41,288 | 1,624,739 | ||||||
Lotte Himart Co. Ltd. |
43,607 | 394,709 | ||||||
LS Cable & System Asia Ltd. |
75,911 | 374,063 | ||||||
LS Corp. |
92,036 | 3,647,474 | ||||||
LS Electric Co. Ltd. |
42,236 | 1,378,641 | ||||||
LX International Corp. |
61,110 | 1,661,550 | ||||||
LX Semicon Co. Ltd.(a) |
34,792 | 1,848,181 | ||||||
Maeil Dairies Co. Ltd. |
9,670 | 348,085 | ||||||
Mcnex Co. Ltd. |
27,493 | 519,805 | ||||||
MegaStudyEdu Co. Ltd. |
24,678 | 1,236,746 | ||||||
Meritz Fire & Marine Insurance Co. Ltd. |
490,982 | 10,123,694 | ||||||
Meritz Securities Co. Ltd.(a) |
4,364,893 | 11,211,981 | ||||||
Mirae Asset Life Insurance Co. Ltd. |
244,012 | 451,116 | ||||||
NICE Holdings Co. Ltd. |
49,113 | 423,950 | ||||||
NICE Information Service Co. Ltd. |
60,115 | 563,040 | ||||||
NongShim Co. Ltd. |
6,599 | 1,374,503 | ||||||
Orion Holdings Corp. |
120,784 | 1,249,461 | ||||||
Osstem Implant Co. Ltd. |
11,621 | 936,535 | ||||||
Partron Co. Ltd. |
154,766 | 821,048 | ||||||
PI Advanced Materials Co. Ltd. |
31,390 | 654,918 | ||||||
Poongsan Corp. |
55,144 | 936,604 | ||||||
Posco International Corp. |
197,156 | 2,880,101 | ||||||
Samjin Pharmaceutical Co. Ltd. |
66,538 | 1,223,142 | ||||||
SAMT Co. Ltd. |
302,636 | 558,439 | ||||||
Samyang Holdings Corp. |
20,702 | 902,918 | ||||||
Samyang Packaging Corp. |
47,788 | 561,151 | ||||||
SaraminHR Co. Ltd. |
29,096 | 609,090 | ||||||
Seohee Construction Co. Ltd. |
978,617 | 800,295 | ||||||
Seoul Semiconductor Co. Ltd. |
51,706 | 366,825 | ||||||
SFA Engineering Corp. |
52,394 | 1,391,607 | ||||||
SGC Energy Co. Ltd. |
29,693 | 638,191 | ||||||
Shinsegae, Inc. |
3,976 | 641,963 | ||||||
SIMMTECH Co. Ltd.(a) |
40,068 | 826,173 | ||||||
SK D&D Co. Ltd. |
11,088 | 173,214 | ||||||
SK Discovery Co. Ltd. |
36,602 | 762,382 | ||||||
SK Networks Co. Ltd. |
355,220 | 983,205 | ||||||
SL Corp. |
48,605 | 1,097,324 | ||||||
SNT Dynamics Co. Ltd.(a) |
81,863 | 529,846 | ||||||
SNT Motiv Co. Ltd.(a) |
36,119 | 1,060,319 | ||||||
Soulbrain Co. Ltd. |
5,192 | 645,598 | ||||||
Taeyoung Engineering & Construction Co. Ltd. |
104,135 | 342,458 | ||||||
TES Co. Ltd. |
61,186 | 652,189 | ||||||
TKG Huchems Co. Ltd.(a) |
100,830 | 1,331,996 | ||||||
Tongyang Life Insurance Co. Ltd. |
320,967 | 1,080,210 | ||||||
TS Corp. |
868,805 | 1,569,764 | ||||||
Unid Co. Ltd. |
18,710 | 1,091,972 | ||||||
Wemade Co. Ltd. |
6,816 | 218,196 | ||||||
WiSoL Co. Ltd. |
15,526 | 73,794 | ||||||
WONIK IPS Co. Ltd. |
37,381 | 581,343 | ||||||
Woongjin Thinkbig Co. Ltd. |
339,233 | 515,714 | ||||||
Youlchon Chemical Co. Ltd. |
43,108 | 804,490 | ||||||
Youngone Corp.(a) |
43,515 | 1,356,517 | ||||||
Yuanta Securities Korea Co. Ltd. |
342,674 | 588,009 | ||||||
|
|
|||||||
Total South Korea |
|
208,898,122 | ||||||
Taiwan – 25.9% | ||||||||
AcBel Polytech, Inc.(a) |
1,920,303 | 1,702,621 | ||||||
Acer, Inc.(a) |
17,060,000 | 11,767,741 | ||||||
Advancetek Enterprise Co. Ltd.(a) |
659,000 | 605,054 | ||||||
Alltek Technology Corp. |
922,240 | 974,555 | ||||||
Arcadyan Technology Corp.(a) |
1,012,681 | 3,039,734 | ||||||
Asia Optical Co., Inc. |
423,000 | 767,419 | ||||||
Asia Vital Components Co. Ltd. |
557,000 | 1,956,140 | ||||||
ASROCK, Inc.(a) |
194,000 | 521,220 | ||||||
BES Engineering Corp.(a) |
3,628,000 | 930,169 | ||||||
C Sun Manufacturing Ltd.(a) |
986,750 | 1,414,127 | ||||||
Capital Futures Corp.(a) |
1,012,000 | 1,093,313 | ||||||
Capital Securities Corp.(a) |
13,838,340 | 4,598,396 | ||||||
Cathay Real Estate Development Co. Ltd.(a) |
2,207,000 | 1,115,700 | ||||||
Central Reinsurance Co. Ltd.(a) |
1,023,000 | 650,874 | ||||||
Century Iron & Steel Industrial Co. Ltd.(a) |
441,000 | 872,305 | ||||||
Chang Wah Electromaterials, Inc.(a) |
1,189,000 | 1,175,930 | ||||||
Charoen Pokphand Enterprise |
1,490,100 | 3,731,234 | ||||||
Chenbro Micom Co. Ltd.(a) |
489,000 | 1,152,074 | ||||||
Cheng Loong Corp.(a) |
4,547,000 | 3,809,575 | ||||||
Cheng Uei Precision Industry Co. Ltd.(a) |
2,151,000 | 2,296,731 | ||||||
Chicony Electronics Co. Ltd.(a) |
6,037,652 | 15,669,864 | ||||||
Chicony Power Technology Co. Ltd. |
966,625 | 2,036,827 | ||||||
China Bills Finance Corp. |
4,666,000 | 2,167,738 | ||||||
China Chemical & Pharmaceutical Co. Ltd.(a) |
2,003,000 | 1,350,096 | ||||||
China General Plastics Corp.(a) |
2,028,000 | 1,309,459 | ||||||
China Metal Products |
905,000 | 839,467 | ||||||
China Steel Chemical Corp.(a) |
453,726 | 1,521,995 | ||||||
China Steel Structure Co. Ltd.(a) |
690,000 | 1,143,154 | ||||||
ChipMOS Technologies, Inc.(a) |
2,217,000 | 2,094,869 |
See Notes to Financial Statements.
54 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
Investments | Shares | Value | ||||||
Chong Hong Construction Co. Ltd. |
1,244,000 | $ | 2,868,147 | |||||
Chroma ATE, Inc.(a) |
931,132 | 5,279,025 | ||||||
Chun Yuan Steel Industry Co. Ltd.(a) |
1,012,000 | 468,563 | ||||||
Chung Hung Steel Corp.(a) |
876,000 | 583,559 | ||||||
Chung-Hsin Electric & Machinery Manufacturing Corp.(a) |
1,775,000 | 3,181,124 | ||||||
Cleanaway Co. Ltd.(a) |
571,161 | 3,139,236 | ||||||
Compeq Manufacturing Co. Ltd.(a) |
3,845,000 | 5,473,999 | ||||||
Continental Holdings Corp.(a) |
2,393,000 | 2,272,479 | ||||||
CTCI Corp.(a) |
2,568,190 | 3,688,603 | ||||||
D-Link Corp.*(a) |
1,929,240 | 893,251 | ||||||
DA CIN Construction Co. Ltd.(a) |
2,261,000 | 2,229,025 | ||||||
Darfon Electronics Corp.(a) |
1,055,000 | 1,309,238 | ||||||
Daxin Materials Corp. |
408,000 | 817,311 | ||||||
Eastern Media International Corp. |
362,520 | 226,654 | ||||||
Edom Technology Co. Ltd.(a) |
1,447,000 | 1,241,952 | ||||||
Elan Microelectronics Corp.(a) |
1,504,409 | 3,942,386 | ||||||
Elite Advanced Laser Corp.(a) |
685,000 | 875,965 | ||||||
Elite Material Co. Ltd.(a) |
1,188,163 | 5,987,782 | ||||||
Elite Semiconductor Microelectronics Technology, Inc. |
635,000 | 1,276,040 | ||||||
Ennoconn Corp.(a) |
122,243 | 733,481 | ||||||
Eternal Materials Co. Ltd. |
3,543,494 | 3,381,772 | ||||||
Everlight Electronics Co. Ltd.(a) |
1,831,165 | 2,010,019 | ||||||
Far Eastern Department Stores Ltd.(a) |
3,131,841 | 1,923,553 | ||||||
Far Eastern International Bank(a) |
10,523,017 | 3,679,029 | ||||||
Faraday Technology Corp.(a) |
200,000 | 844,121 | ||||||
Farglory F T Z Investment Holding Co. Ltd. |
589,000 | 1,007,361 | ||||||
Farglory Land Development Co. Ltd.(a) |
2,182,640 | 3,952,937 | ||||||
Feng Hsin Steel Co. Ltd.(a) |
2,130,950 | 4,000,271 | ||||||
Fitipower Integrated Technology, Inc.(a) |
186,000 | 546,008 | ||||||
FLEXium Interconnect, Inc.*(a) |
1,491,028 | 4,081,084 | ||||||
Flytech Technology Co. Ltd.(a) |
917,000 | 1,990,025 | ||||||
Formosa International Hotels Corp.(a) |
346,000 | 2,086,963 | ||||||
Formosa Sumco Technology Corp.(a) |
153,000 | 660,210 | ||||||
Formosan Union Chemical(a) |
2,568,000 | 1,819,900 | ||||||
Fortune Electric Co. Ltd. |
443,000 | 580,453 | ||||||
Foxsemicon Integrated Technology, Inc.(a) |
229,197 | 1,331,911 | ||||||
Fusheng Precision Co. Ltd.(a) |
441,000 | 2,534,962 | ||||||
Fwusow Industry Co. Ltd. |
1,187,000 | 730,916 | ||||||
Gemtek Technology Corp.(a) |
1,344,000 | 1,130,266 | ||||||
Generalplus Technology, Inc.(a) |
371,000 | 567,327 | ||||||
Genius Electronic Optical Co. Ltd.(a) |
211,280 | 2,299,198 | ||||||
Getac Holdings Corp.(a) |
3,679,292 | 4,896,220 | ||||||
Gigabyte Technology Co. Ltd.(a) |
1,708,000 | 4,750,272 | ||||||
Global Brands Manufacture Ltd.(a) |
754,400 | 602,351 | ||||||
Global Mixed Mode Technology, Inc.(a) |
372,000 | 1,417,745 | ||||||
Global PMX Co. Ltd.(a) |
172,000 | 929,100 | ||||||
Global Unichip Corp.(a) |
81,000 | 1,502,693 | ||||||
Gold Circuit Electronics Ltd. |
457,700 | 1,337,824 | ||||||
Goldsun Building Materials Co. Ltd.(a) |
5,252,000 | 3,970,141 | ||||||
Grape King Bio Ltd.(a) |
394,988 | 1,667,088 | ||||||
Great Wall Enterprise Co. Ltd.(a) |
4,824,259 | 6,761,773 | ||||||
Greatek Electronics, Inc.(a) |
1,751,000 | 2,716,204 | ||||||
HannsTouch Solution, Inc.(a) |
1,752,000 | 531,963 | ||||||
Highwealth Construction Corp.(a) |
7,177,655 | 8,816,925 | ||||||
Hiyes International Co. Ltd.(a) |
496,400 | 1,060,062 | ||||||
Ho Tung Chemical Corp.(a) |
4,646,000 | 1,292,141 | ||||||
Holiday Entertainment Co. Ltd. |
326,850 | 619,748 | ||||||
Holtek Semiconductor, Inc.(a) |
1,159,773 | 2,432,860 | ||||||
Holy Stone Enterprise Co. Ltd.(a) |
935,000 | 2,559,183 | ||||||
Hong TAI Electric Industrial(a) |
1,461,000 | 681,055 | ||||||
Hota Industrial Manufacturing Co. Ltd.(a) |
330,146 | 951,474 | ||||||
Hotai Finance Co. Ltd. |
572,000 | 1,819,648 | ||||||
Hsin Kuang Steel Co. Ltd.(a) |
564,000 | 603,988 | ||||||
Hsin Yung Chien Co. Ltd.(a) |
389,000 | 1,243,614 | ||||||
Hsing TA Cement Co. |
1,978,000 | 934,518 | ||||||
Huaku Development Co. Ltd. |
1,595,296 | 4,547,365 | ||||||
Huang Hsiang Construction Corp.(a) |
1,597,000 | 2,019,577 | ||||||
Hung Ching Development & Construction Co. Ltd.(a) |
714,000 | 457,649 | ||||||
Hung Sheng Construction Ltd. |
1,598,000 | 1,240,691 | ||||||
I-Sheng Electric Wire & Cable Co. Ltd. |
1,413,000 | 1,829,169 | ||||||
IBF Financial Holdings Co. Ltd.(a) |
15,277,572 | 5,557,843 | ||||||
ITE Technology, Inc.(a) |
824,000 | 1,520,879 | ||||||
ITEQ Corp.(a) |
841,000 | 1,549,608 | ||||||
Jentech Precision Industrial Co. Ltd.(a) |
122,095 | 1,467,109 | ||||||
Jia Wei Lifestyle, Inc. |
542,000 | 838,206 | ||||||
Kenda Rubber Industrial Co. Ltd.(a) |
1,471,000 | 1,480,313 | ||||||
Kerry TJ Logistics Co. Ltd.(a) |
875,000 | 1,040,387 | ||||||
Kindom Development Co. Ltd. |
2,635,200 | 2,099,926 | ||||||
King Slide Works Co. Ltd. |
88,004 | 1,311,093 | ||||||
King Yuan Electronics Co. Ltd.(a) |
5,349,000 | 5,189,115 | ||||||
King’s Town Bank Co. Ltd.(a) |
4,710,000 | 4,999,433 | ||||||
Kinik Co.(a) |
686,495 | 2,616,331 | ||||||
Kinsus Interconnect Technology Corp. |
113,000 | 331,003 | ||||||
KS Terminals, Inc.(a) |
199,000 | 446,902 | ||||||
Kung Long Batteries Industrial Co. Ltd.(a) |
655,000 | 2,847,019 | ||||||
L&K Engineering Co. Ltd. |
626,000 | 586,585 | ||||||
Lelon Electronics Corp.(a) |
468,000 | 718,605 | ||||||
Lian Hwa Food Corp. |
179,820 | 402,130 | ||||||
Lien Hwa Industrial Holdings Corp. |
2,803,773 | 4,477,347 | ||||||
Longchen Paper & Packaging Co. Ltd.(a) |
1,921,026 | 886,423 | ||||||
Lotes Co. Ltd.(a) |
151,106 | 3,636,177 | ||||||
Machvision, Inc.(a) |
151,000 | 594,507 | ||||||
Macronix International Co. Ltd.(a) |
5,507,000 | 5,403,101 | ||||||
Makalot Industrial Co. Ltd.(a) |
622,881 | 3,600,071 | ||||||
Marketech International Corp. |
204,000 | 697,156 | ||||||
Mayer Steel Pipe Corp.(a) |
707,000 | 536,669 | ||||||
Mercuries & Associates Holding Ltd. |
1,647,160 | 752,270 | ||||||
Merida Industry Co. Ltd.(a) |
531,043 | 3,019,095 | ||||||
Mirle Automation Corp.(a) |
1,021,560 | 1,209,823 | ||||||
Nak Sealing Technologies Corp.(a) |
459,000 | 1,402,343 | ||||||
Namchow Holdings Co. Ltd.(a) |
603,000 | 847,075 | ||||||
Nan Liu Enterprise Co. Ltd.(a) |
497,000 | 1,076,998 | ||||||
Nantex Industry Co. Ltd.(a) |
1,129,615 | 1,273,748 | ||||||
Nichidenbo Corp.(a) |
1,534,000 | 2,316,775 | ||||||
Nuvoton Technology Corp. |
123,872 | 421,373 |
See Notes to Financial Statements.
WisdomTree Trust | 55 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
Investments | Shares | Value | ||||||
O-Bank Co. Ltd.(a) |
1,972,000 | $ | 513,668 | |||||
Ocean Plastics Co. Ltd. |
723,000 | 797,033 | ||||||
Pan German Universal Motors Ltd. |
175,000 | 1,140,981 | ||||||
Pan Jit International, Inc.(a) |
507,000 | 910,233 | ||||||
Pan-International Industrial Corp.(a) |
915,000 | 945,290 | ||||||
Polytronics Technology Corp.(a) |
333,017 | 585,289 | ||||||
Power Wind Health Industry, Inc.*(a) |
123,901 | 460,497 | ||||||
Powertech Technology, Inc.(a) |
5,097,000 | 12,377,672 | ||||||
President Securities Corp.(a) |
8,120,520 | 3,785,432 | ||||||
Primax Electronics Ltd.(a) |
2,482,000 | 4,987,609 | ||||||
Prince Housing & Development Corp. |
5,062,000 | 1,777,735 | ||||||
Promate Electronic Co. Ltd.(a) |
1,619,000 | 1,835,774 | ||||||
Qisda Corp.(a) |
10,762,000 | 9,186,122 | ||||||
Radium Life Tech Co. Ltd.(a) |
2,735,000 | 828,710 | ||||||
Rechi Precision Co. Ltd. |
1,674,000 | 917,434 | ||||||
Rexon Industrial Corp. Ltd.(a) |
907,000 | 851,321 | ||||||
RichWave Technology Corp. |
87,238 | 267,905 | ||||||
Ruentex Engineering & Construction Co. |
25,000 | 65,041 | ||||||
Sampo Corp.(a) |
3,786,000 | 3,118,331 | ||||||
Sanyang Motor Co. Ltd.(a) |
3,025,000 | 3,649,170 | ||||||
SDI Corp.(a) |
323,000 | 1,078,396 | ||||||
Sercomm Corp.(a) |
799,488 | 1,984,304 | ||||||
Shin Foong Specialty & Applied Materials Co. Ltd.(a) |
310,000 | 525,308 | ||||||
Shin Zu Shing Co. Ltd.(a) |
1,106,000 | 3,138,700 | ||||||
Shiny Chemical Industrial Co. Ltd.(a) |
412,637 | 1,481,641 | ||||||
Sigurd Microelectronics Corp.(a) |
2,148,000 | 2,875,366 | ||||||
Sinbon Electronics Co. Ltd.(a) |
565,120 | 4,716,898 | ||||||
Sincere Navigation Corp.(a) |
714,000 | 409,298 | ||||||
Sinon Corp.(a) |
3,155,000 | 3,845,743 | ||||||
Sinyi Realty, Inc.(a) |
1,925,000 | 1,770,449 | ||||||
Sitronix Technology Corp.(a) |
409,000 | 2,119,138 | ||||||
Sonix Technology Co. Ltd.(a) |
937,000 | 1,435,795 | ||||||
Standard Chemical & Pharmaceutical Co. Ltd. |
1,027,000 | 1,476,662 | ||||||
Standard Foods Corp.(a) |
1,579,896 | 1,903,399 | ||||||
Stark Technology, Inc.(a) |
912,000 | 2,349,731 | ||||||
Sunny Friend Environmental Technology Co. Ltd.(a) |
209,000 | 997,307 | ||||||
Sunonwealth Electric Machine Industry Co. Ltd. |
1,447,000 | 1,643,023 | ||||||
Sunrex Technology Corp.(a) |
601,000 | 678,631 | ||||||
Supreme Electronics Co. Ltd.(a) |
2,429,506 | 2,605,584 | ||||||
Symtek Automation Asia Co. Ltd.(a) |
372,000 | 1,000,624 | ||||||
Syncmold Enterprise Corp.(a) |
1,008,915 | 2,011,538 | ||||||
Synnex Technology International Corp. |
11,642,600 | 19,362,162 | ||||||
Systex Corp.(a) |
1,086,000 | 2,377,303 | ||||||
T3EX Global Holdings Corp.(a) |
337,000 | 672,960 | ||||||
TA-I Technology Co. Ltd.(a) |
691,000 | 871,667 | ||||||
Taichung Commercial Bank Co. Ltd. |
6,773,181 | 2,805,359 | ||||||
Taiflex Scientific Co. Ltd.(a) |
1,435,000 | 1,787,592 | ||||||
Tainan Spinning Co. Ltd.(a) |
1,622,000 | 845,510 | ||||||
Taisun Enterprise Co. Ltd.(a) |
1,642,000 | 1,838,581 | ||||||
Taita Chemical Co. Ltd.(a) |
1,042,900 | 707,880 | ||||||
Taiwan Business Bank(a) |
6,002,708 | 2,382,252 | ||||||
Taiwan Cogeneration Corp.(a) |
2,366,970 | 2,560,881 | ||||||
Taiwan Fertilizer Co. Ltd.(a) |
2,454,000 | 4,258,887 | ||||||
Taiwan FU Hsing Industrial Co. Ltd. |
1,887,000 | 2,463,578 | ||||||
Taiwan Hon Chuan Enterprise Co. Ltd.(a) |
1,874,692 | 4,948,162 | ||||||
Taiwan Mask Corp.(a) |
505,300 | 878,533 | ||||||
Taiwan Navigation Co. Ltd.(a) |
729,000 | 567,145 | ||||||
Taiwan Paiho Ltd. |
867,000 | 1,611,169 | ||||||
Taiwan PCB Techvest Co. Ltd.(a) |
2,403,302 | 2,566,126 | ||||||
Taiwan Sakura Corp. |
1,166,000 | 2,291,675 | ||||||
Taiwan Secom Co. Ltd. |
1,527,000 | 4,857,696 | ||||||
Taiwan Styrene Monomer(a) |
1,720,000 | 712,400 | ||||||
Taiwan Surface Mounting Technology Corp.(a) |
724,000 | 1,892,721 | ||||||
Taiwan-Asia Semiconductor Corp.(a) |
2,586,000 | 2,736,767 | ||||||
Test Research, Inc.(a) |
1,149,115 | 2,251,251 | ||||||
Thinking Electronic Industrial Co. Ltd. |
341,000 | 1,251,268 | ||||||
Ton Yi Industrial Corp.(a) |
2,128,000 | 1,209,814 | ||||||
Tong Hsing Electronic Industries Ltd. |
376,552 | 1,968,806 | ||||||
Tong Yang Industry Co. Ltd. |
1,204,685 | 1,832,697 | ||||||
Topco Scientific Co. Ltd. |
1,287,521 | 6,265,457 | ||||||
Topkey Corp. |
353,000 | 1,740,039 | ||||||
Transcend Information, Inc. |
955,479 | 1,941,113 | ||||||
Tripod Technology Corp.(a) |
2,718,928 | 7,998,610 | ||||||
Tsann Kuen Enterprise Co. Ltd. |
308,105 | 430,390 | ||||||
TSRC Corp.(a) |
839,000 | 687,077 | ||||||
Ttet Union Corp.(a) |
157,000 | 764,008 | ||||||
Tung Ho Steel Enterprise Corp.(a) |
2,410,722 | 3,754,770 | ||||||
TXC Corp.(a) |
837,549 | 1,896,746 | ||||||
Tyntek Corp.(a) |
1,069,000 | 523,574 | ||||||
U-Ming Marine Transport Corp.(a) |
906,420 | 1,042,059 | ||||||
Unitech Computer Co. Ltd.(a) |
668,000 | 608,057 | ||||||
United Integrated Services Co. Ltd.(a) |
2,114,000 | 9,987,716 | ||||||
Universal Cement Corp.(a) |
2,498,000 | 1,612,933 | ||||||
UPC Technology Corp.(a) |
2,669,000 | 1,029,804 | ||||||
USI Corp.(a) |
2,944,000 | 1,905,547 | ||||||
Visual Photonics Epitaxy Co. Ltd.(a) |
426,750 | 760,781 | ||||||
Wah Lee Industrial Corp. |
1,009,580 | 2,655,200 | ||||||
Walsin Lihwa Corp.(a) |
8,759,536 | 11,173,933 | ||||||
Wan Hai Lines Ltd.(a) |
438,150 | 921,869 | ||||||
Wei Chuan Foods Corp.(a) |
1,546,000 | 954,411 | ||||||
Weikeng Industrial Co. Ltd.(a) |
1,993,431 | 1,601,074 | ||||||
Weltrend Semiconductor(a) |
480,000 | 614,571 | ||||||
WinWay Technology Co. Ltd.(a) |
119,000 | 1,405,556 | ||||||
Wistron NeWeb Corp.(a) |
892,722 | 2,300,062 | ||||||
Wowprime Corp.* |
160,000 | 690,415 | ||||||
WPG Holdings Ltd.(a) |
7,744,058 | 11,329,853 | ||||||
WT Microelectronics Co. Ltd.(a) |
1,488,678 | 2,757,072 | ||||||
YC INOX Co. Ltd.(a) |
1,704,793 | 1,465,900 | ||||||
Yem Chio Co. Ltd.(a) |
2,546,000 | 1,118,671 | ||||||
YFY, Inc.(a) |
5,704,000 | 4,257,923 | ||||||
Yulon Finance Corp. |
918,713 | 4,152,424 | ||||||
Yulon Motor Co. Ltd.(a) |
1,233,000 | 1,594,212 | ||||||
Zeng Hsing Industrial Co. Ltd.(a) |
481,000 | 1,893,760 | ||||||
Zenitron Corp.(a) |
1,110,000 | 912,501 |
See Notes to Financial Statements.
56 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
Investments | Shares | Value | ||||||
Zero One Technology Co. Ltd.(a) |
993,184 | $ | 1,218,448 | |||||
Zippy Technology Corp.(a) |
1,168,000 | 1,431,075 | ||||||
ZongTai Real Estate Development Co. Ltd.(a) |
2,525,941 | 2,545,910 | ||||||
|
|
|||||||
Total Taiwan |
|
554,804,111 | ||||||
Thailand – 8.0% | ||||||||
Amata Corp. PCL, NVDR |
1,614,400 | 796,072 | ||||||
Asia Plus Group Holdings PCL, NVDR(a) |
24,264,100 | 1,929,806 | ||||||
Asian Sea Corp. PCL, NVDR |
1,315,900 | 641,902 | ||||||
Asiasoft Corp. PCL, NVDR(a) |
1,652,900 | 749,326 | ||||||
Bangchak Corp. PCL, NVDR |
2,247,000 | 1,757,330 | ||||||
Bangkok Chain Hospital PCL, NVDR |
3,340,600 | 1,576,423 | ||||||
Bangkok Commercial Asset Management PCL, NVDR(a) |
5,778,400 | 2,481,709 | ||||||
Bangkok Insurance PCL, NVDR |
417,500 | 3,110,220 | ||||||
Banpu PCL, NVDR(a) |
8,256,200 | 2,692,239 | ||||||
Banpu Power PCL, NVDR |
3,374,100 | 1,288,098 | ||||||
BCPG PCL, NVDR(a) |
2,523,612 | 615,515 | ||||||
Chularat Hospital PCL, NVDR |
23,976,100 | 2,339,132 | ||||||
Com7 PCL, NVDR(a) |
2,451,100 | 1,884,462 | ||||||
Dynasty Ceramic PCL, NVDR |
46,165,200 | 3,280,030 | ||||||
Eastern Polymer Group PCL, NVDR(a) |
3,994,200 | 1,053,613 | ||||||
Eastern Water Resources Development and Management PCL, NVDR(a) |
5,196,500 | 785,261 | ||||||
Exotic Food PCL, NVDR |
1,766,900 | 637,058 | ||||||
Forth Smart Service PCL, NVDR(a) |
2,887,700 | 1,546,435 | ||||||
GFPT PCL, NVDR |
1,808,000 | 704,602 | ||||||
Gunkul Engineering PCL, NVDR |
37,647,500 | 5,239,909 | ||||||
Haad Thip PCL, NVDR(a) |
1,073,300 | 832,291 | ||||||
Hana Microelectronics PCL, NVDR(a) |
1,762,800 | 1,717,468 | ||||||
Ichitan Group PCL, NVDR(a) |
3,868,700 | 892,304 | ||||||
IRPC PCL, NVDR |
61,270,200 | 5,067,949 | ||||||
Jay Mart PCL, NVDR(a) |
1,201,200 | 1,480,801 | ||||||
JMT Network Services PCL, NVDR |
1,292,600 | 2,338,811 | ||||||
KCE Electronics PCL, NVDR(a) |
1,649,400 | 1,891,213 | ||||||
Kerry Express Thailand PCL, NVDR*(a) |
2,938,300 | 1,495,635 | ||||||
KGI Securities Thailand PCL, NVDR |
9,713,300 | 1,246,351 | ||||||
Kiatnakin Phatra Bank PCL, NVDR |
3,997,000 | 7,285,094 | ||||||
LPN Development PCL, NVDR |
11,125,300 | 1,285,957 | ||||||
MC Group PCL, NVDR(a) |
4,528,700 | 1,200,610 | ||||||
MCS Steel PCL, NVDR(a) |
4,136,700 | 1,107,653 | ||||||
Mega Lifesciences PCL, NVDR |
1,974,200 | 2,420,646 | ||||||
MK Restaurants Group PCL, NVDR |
669,200 | 1,033,428 | ||||||
Noble Development PCL, Class C, NVDR(a) |
16,710,600 | 2,029,018 | ||||||
Northeast Rubber PCL, NVDR(a) |
4,469,100 | 657,569 | ||||||
Origin Property PCL, NVDR |
8,404,900 | 2,250,517 | ||||||
Plan B Media PCL, NVDR*(a) |
4,629,336 | 859,103 | ||||||
Polyplex Thailand PCL, NVDR(a) |
2,481,300 | 1,605,083 | ||||||
Precious Shipping PCL, NVDR(a) |
4,045,800 | 1,501,623 | ||||||
Prima Marine PCL, NVDR(a) |
9,085,200 | 1,384,939 | ||||||
Pruksa Holding PCL, NVDR |
2,130,400 | 677,752 | ||||||
PTG Energy PCL, NVDR(a) |
2,555,900 | 1,084,157 | ||||||
Quality Houses PCL, NVDR |
54,918,100 | 3,115,714 | ||||||
Rajthanee Hospital PCL, NVDR |
1,491,600 | 1,334,610 | ||||||
Ratch Group PCL, NVDR |
2,867,600 | 3,116,957 | ||||||
Ratchthani Leasing PCL, NVDR |
14,108,100 | 1,563,411 | ||||||
Regional Container Lines PCL, NVDR(a) |
2,247,500 | 1,727,930 | ||||||
Sansiri PCL, NVDR |
32,310,100 | 985,064 | ||||||
SC Asset Corp. PCL, NVDR |
26,054,700 | 2,555,737 | ||||||
Siam City Cement PCL, NVDR |
991,954 | 4,023,567 | ||||||
Siamgas & Petrochemicals PCL, NVDR(a) |
5,445,000 | 1,530,143 | ||||||
Sino-Thai Engineering & Construction PCL, NVDR(a) |
2,396,700 | 724,347 | ||||||
Somboon Advance Technology PCL, NVDR(a) |
2,589,000 | 1,379,610 | ||||||
SPCG PCL, NVDR |
3,391,500 | 1,339,696 | ||||||
Sri Trang Agro-Industry PCL, NVDR(a) |
10,286,300 | 5,317,679 | ||||||
Sri Trang Gloves Thailand PCL, NVDR(a) |
15,428,300 | 4,662,848 | ||||||
Srisawad Capital 1969 PCL, NVDR |
865,700 | 619,669 | ||||||
Srisawad Corp. PCL, NVDR |
2,675,900 | 3,050,469 | ||||||
Supalai PCL, NVDR |
7,842,700 | 3,929,667 | ||||||
Synnex Thailand PCL, NVDR(a) |
895,300 | 398,755 | ||||||
Thai Union Group PCL, NVDR(a) |
11,738,500 | 5,819,458 | ||||||
Thai Vegetable Oil PCL, NVDR |
4,000,370 | 3,102,090 | ||||||
Thaifoods Group PCL, NVDR(a) |
9,317,300 | 1,420,320 | ||||||
Thanachart Capital PCL, NVDR |
6,360,200 | 6,533,875 | ||||||
Tisco Financial Group PCL, NVDR |
5,580,800 | 13,722,672 | ||||||
TMT Steel PCL, NVDR(a) |
6,897,500 | 1,462,884 | ||||||
TOA Paint Thailand PCL, NVDR(a) |
1,693,100 | 1,481,238 | ||||||
TPI Polene PCL, NVDR |
25,486,500 | 1,141,893 | ||||||
TPI Polene Power PCL, NVDR |
31,857,200 | 2,972,888 | ||||||
TQM Alpha PCL, NVDR(a) |
895,600 | 925,992 | ||||||
TTW PCL, NVDR |
15,726,700 | 4,127,633 | ||||||
United Paper PCL, NVDR |
2,720,300 | 1,182,739 | ||||||
Vibhavadi Medical Center PCL, NVDR(a) |
20,847,800 | 1,547,557 | ||||||
WHA Corp. PCL, NVDR(a) |
32,931,700 | 3,073,160 | ||||||
WHA Utilities and Power PCL, NVDR |
10,660,200 | 1,130,456 | ||||||
Workpoint Entertainment PCL, NVDR(a) |
1,216,300 | 583,643 | ||||||
|
|
|||||||
Total Thailand | 170,059,485 | |||||||
Turkey – 3.7% | ||||||||
Aksa Akrilik Kimya Sanayii AS |
1,392,748 | 4,323,578 | ||||||
Aksigorta AS |
5,310,158 | 1,039,775 | ||||||
Alkim Alkali Kimya AS |
323,422 | 558,620 | ||||||
Anadolu Anonim Turk Sigorta Sirketi* |
1,504,385 | 730,343 | ||||||
Anadolu Hayat Emeklilik AS |
920,386 | 700,027 | ||||||
Arcelik AS(a) |
2,376,481 | 8,614,479 | ||||||
Aselsan Elektronik Sanayi ve Ticaret AS |
1 | 1 | ||||||
Aygaz AS |
363,309 | 872,090 | ||||||
Brisa Bridgestone Sabanci Sanayi ve Ticaret AS |
254,138 | 496,253 | ||||||
Coca-Cola Icecek AS |
380,862 | 2,765,274 | ||||||
Dogus Otomotiv Servis ve Ticaret AS |
597,444 | 3,132,484 | ||||||
EGE Endustri VE Ticaret AS(a) |
8,467 | 1,030,555 | ||||||
Emlak Konut Gayrimenkul Yatirim Ortakligi AS(a) |
4,065,925 | 848,781 | ||||||
Enerjisa Enerji AS(b) |
3,088,846 | 2,890,821 | ||||||
Goodyear Lastikleri TAS* |
713,940 | 442,879 | ||||||
Haci Omer Sabanci Holding AS |
6,578,016 | 9,147,517 | ||||||
Is Yatirim Menkul Degerler AS, Class A |
1,190,275 | 1,770,790 | ||||||
Nuh Cimento Sanayi AS |
313,817 | 1,135,859 |
See Notes to Financial Statements.
WisdomTree Trust | 57 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
Investments | Shares | Value | ||||||
Otokar Otomotiv Ve Savunma Sanayi AS |
63,679 | $ | 1,936,630 | |||||
Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS |
983,962 | 910,265 | ||||||
Sok Marketler Ticaret AS* |
395,222 | 440,877 | ||||||
Tekfen Holding AS |
548,947 | 871,753 | ||||||
Tofas Turk Otomobil Fabrikasi AS |
1,552,981 | 7,665,009 | ||||||
Turk Traktor ve Ziraat Makineleri AS |
185,781 | 2,798,966 | ||||||
Turkiye Is Bankasi AS, Class C |
14,759,984 | 5,987,274 | ||||||
Turkiye Petrol Rafinerileri AS*‡ |
0 | 5 | ||||||
Turkiye Sigorta AS |
2,791,138 | 933,466 | ||||||
Turkiye Sise ve Cam Fabrikalari AS |
5,427,181 | 7,441,754 | ||||||
Ulker Biskuvi Sanayi AS* |
1,116,668 | 1,233,614 | ||||||
Vestel Beyaz Esya Sanayi ve Ticaret AS |
3,893,827 | 1,886,159 | ||||||
Vestel Elektronik Sanayi ve Ticaret AS(a) |
1,448,704 | 3,125,828 | ||||||
Yapi ve Kredi Bankasi AS(a) |
9,164,794 | 3,495,164 | ||||||
|
|
|||||||
Total Turkey | 79,226,890 | |||||||
TOTAL COMMON STOCKS (Cost: $2,417,479,576) |
2,119,878,202 | |||||||
RIGHTS – 0.0% | ||||||||
Thailand – 0.0% | ||||||||
Asian Sea Corp. PCL, expiring 9/30/22*† (Cost: $0) | 204,134 | 0 | ||||||
WARRANTS – 0.0% | ||||||||
Malaysia – 0.0% | ||||||||
Yinson Holdings BHD, expiring 6/21/25 (Cost: $0) | 845,571 | 90,265 | ||||||
EXCHANGE-TRADED FUND – 0.1% |
| |||||||
United States – 0.1% | ||||||||
WisdomTree Emerging Markets High Dividend Fund(a)(c) |
||||||||
(Cost: $3,077,466) | 83,822 | 2,726,729 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.5% |
| |||||||
United States – 2.5% | ||||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(d) |
||||||||
(Cost: $52,287,848) | 52,287,848 | 52,287,848 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 101.7% (Cost: $2,472,844,890) |
|
2,174,983,044 | ||||||
Other Assets less Liabilities – (1.7)% |
(36,316,123 | ) | ||||||
|
|
|||||||
NET ASSETS – 100.0% | $ | 2,138,666,921 |
* |
Non-income producing security. |
‡ |
Share amount represents a fractional share. |
† |
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 $1,279,315, which represents 0.06% of net assets. |
(a) |
Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $278,197,787 and the total market value of the collateral held by the Fund was $312,453,337. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $260,165,489. |
(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, 2022, 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 Ltd. |
5,997,912 | |
10/18/19 – 1/10/20 |
|
$ | 4,322,484 | $ | 1,153,852 | 0.1 | % |
(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, 2022. |
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, 2022 were as follows:
Affiliate | Value at 3/31/2022 |
Purchases/ Additions |
Sales/ Reductions |
Realized Gain/(Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Value at 9/30/2022 |
Dividend Income |
|||||||||||||||||||||||
WisdomTree Emerging Markets High Dividend Fund |
$ | 12,543,585 | $ | 45,255,137 | $ | 49,209,361 | $ | (5,210,396 | ) | $ | (652,236 | ) | $ | 2,726,729 | $ | 1,538,350 |
See Notes to Financial Statements.
58 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
September 30, 2022
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 |
|||||||||||||||||||||||||||
Banco De Investimentos Credit Suisse (Brasil) SA |
10/3/2022 | 5,113,911 | BRL | 946,346 | USD | $ | — | $ | (875 | ) | ||||||||||||||||||||||
Bank of Montreal |
10/3/2022 | 509,538 | USD | 4,000,000 | HKD | — | (23 | ) | ||||||||||||||||||||||||
Deutsche Bank AG |
10/3/2022 | 141,272 | USD | 700,000 | PLN | — | (457 | ) | ||||||||||||||||||||||||
JP Morgan Chase Bank NA |
10/3/2022 | 8,963,153 | HKD | 1,141,828 | USD | — | (10 | ) | ||||||||||||||||||||||||
$ | — | $ | (1,365 | ) |
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 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 |
$ | 292,665,283 | $ | — | $ | 1,279,315 | * | $ | 293,944,598 | |||||||
Taiwan |
551,422,339 | 3,381,772 | — | 554,804,111 | ||||||||||||
Other |
1,271,129,493 | — | — | 1,271,129,493 | ||||||||||||
Rights |
— | — | 0 | * | 0 | |||||||||||
Warrants |
90,265 | — | — | 90,265 | ||||||||||||
Exchange-Traded Fund |
2,726,729 | — | — | 2,726,729 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 52,287,848 | — | 52,287,848 | ||||||||||||
Total Investments in Securities |
$ | 2,118,034,109 | $ | 55,669,620 | $ | 1,279,315 | $ | 2,174,983,044 | ||||||||
Liabilities: |
||||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (1,365 | ) | $ | — | $ | (1,365 | ) | ||||||
Total – Net |
$ | 2,118,034,109 | $ | 55,668,255 | $ | 1,279,315 | $ | 2,174,981,679 |
* |
Securities are 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 | 59 |
Schedule of Investments (unaudited)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.5% | ||||||||
Australia – 8.1% | ||||||||
Aristocrat Leisure Ltd. |
26,884 | $ | 569,024 | |||||
BHP Group Ltd. |
1,022,046 | 25,312,433 | ||||||
Breville Group Ltd.(a) |
19,202 | 224,202 | ||||||
carsales.com Ltd. |
65,057 | 786,792 | ||||||
Domino’s Pizza Enterprises Ltd.(a) |
11,436 | 378,815 | ||||||
Eagers Automotive Ltd.(a) |
84,408 | 596,429 | ||||||
Evolution Mining Ltd.(a) |
449,446 | 592,391 | ||||||
Netwealth Group Ltd. |
29,182 | 227,590 | ||||||
Pro Medicus Ltd.(a) |
5,533 | 178,548 | ||||||
REA Group Ltd.(a) |
13,616 | 1,005,444 | ||||||
Technology One Ltd. |
48,316 | 329,287 | ||||||
WiseTech Global Ltd. |
6,025 | 201,436 | ||||||
|
|
|||||||
Total Australia |
|
30,402,391 | ||||||
Belgium – 0.2% | ||||||||
Melexis NV |
13,795 | 945,999 | ||||||
Brazil – 5.7% | ||||||||
Ambev SA |
859,149 | 2,468,395 | ||||||
BB Seguridade Participacoes SA |
215,309 | 1,057,667 | ||||||
Cia de Saneamento Basico do Estado de Sao Paulo |
35,128 | 322,129 | ||||||
Cia Siderurgica Nacional SA |
186,246 | 437,995 | ||||||
CPFL Energia SA |
129,376 | 807,516 | ||||||
Engie Brasil Energia SA |
73,849 | 525,791 | ||||||
Equatorial Energia SA |
118,422 | 588,952 | ||||||
JBS SA |
233,922 | 1,086,390 | ||||||
Localiza Rent a Car SA |
47,269 | 533,878 | ||||||
Magazine Luiza SA* |
22,844 | 18,921 | ||||||
Marfrig Global Foods SA |
95,744 | 174,712 | ||||||
Raia Drogasil SA |
33,974 | 142,771 | ||||||
Transmissora Alianca de Energia Eletrica SA |
145,341 | 1,046,624 | ||||||
Vale SA |
915,252 | 12,190,161 | ||||||
|
|
|||||||
Total Brazil |
|
21,401,902 | ||||||
Canada – 1.2% | ||||||||
CI Financial Corp. |
84,562 | 814,818 | ||||||
Constellation Software, Inc. |
802 | 1,121,878 | ||||||
goeasy Ltd.(a) |
910 | 71,208 | ||||||
Onex Corp.(a) |
3,340 | 154,014 | ||||||
Parex Resources, Inc.(a) |
5,866 | 86,108 | ||||||
Stella-Jones, Inc.(a) |
7,632 | 215,399 | ||||||
TFI International, Inc.(a) |
8,847 | 804,893 | ||||||
Toromont Industries Ltd.(a) |
13,104 | 917,056 | ||||||
West Fraser Timber Co. Ltd. |
5,936 | 431,705 | ||||||
|
|
|||||||
Total Canada |
|
4,617,079 | ||||||
China – 3.3% | ||||||||
ANTA Sports Products Ltd. |
54,000 | 572,338 | ||||||
China Feihe Ltd.(b) |
480,000 | 336,310 | ||||||
China Gas Holdings Ltd. |
395,400 | 473,982 | ||||||
China Lesso Group Holdings Ltd. |
289,400 | 269,496 | ||||||
China Medical System Holdings Ltd. |
292,000 | 348,545 | ||||||
China Meidong Auto Holdings Ltd. |
34,000 | 53,794 | ||||||
China Resources Mixc Lifestyle Services Ltd.(b) |
20,000 | 76,816 | ||||||
China Risun Group Ltd.(a) |
181,000 | 70,787 | ||||||
CIFI Ever Sunshine Services Group Ltd.(a) |
50,000 | 18,599 | ||||||
Country Garden Services Holdings Co. Ltd. |
39,000 | 57,433 | ||||||
Dongyue Group Ltd. |
28,000 | 27,929 | ||||||
Fuyao Glass Industry Group Co. Ltd., Class H(b) |
64,800 | 261,680 | ||||||
Jinke Smart Services Group Co. Ltd., Class H(a) |
70,600 | 107,026 | ||||||
Lenovo Group Ltd. |
1,658,000 | 1,153,222 | ||||||
Li Ning Co. Ltd. |
35,900 | 274,856 | ||||||
Nongfu Spring Co. Ltd., Class H(a)(b) |
65,100 | 377,751 | ||||||
Pop Mart International Group Ltd.(a)(b) |
18,000 | 33,111 | ||||||
Shenzhou International Group Holdings Ltd. |
59,900 | 468,142 | ||||||
Shimao Services Holdings Ltd.*(a)(b) |
29,000 | 6,170 | ||||||
Sino Biopharmaceutical Ltd. |
717,875 | 337,451 | ||||||
SITC International Holdings Co. Ltd. |
490,000 | 906,355 | ||||||
Smoore International Holdings Ltd.(a)(b) |
140,000 | 167,467 | ||||||
Sunny Optical Technology Group Co. Ltd. |
23,500 | 224,974 | ||||||
Tencent Holdings Ltd. |
111,800 | 3,794,127 | ||||||
Topsports International Holdings Ltd.(b) |
293,000 | 206,409 | ||||||
WuXi AppTec Co. Ltd., Class H(b) |
9,640 | 77,919 | ||||||
Xinyi Glass Holdings Ltd. |
896,000 | 1,303,497 | ||||||
Yadea Group Holdings Ltd.(b) |
44,000 | 70,625 | ||||||
Yihai International Holding Ltd.* |
12,000 | 25,376 | ||||||
Zhongsheng Group Holdings Ltd. |
22,800 | 91,056 | ||||||
|
|
|||||||
Total China |
|
12,193,243 | ||||||
Denmark – 10.7% | ||||||||
AP Moller – Maersk A/S, Class B |
1,985 | 3,626,138 | ||||||
Chemometec A/S |
669 | 51,035 | ||||||
Coloplast A/S, Class B |
43,520 | 4,448,387 | ||||||
GN Store Nord A/S |
4,793 | 84,684 | ||||||
Novo Nordisk A/S, Class B |
307,877 | 30,885,459 | ||||||
Royal Unibrew A/S |
10,272 | 669,787 | ||||||
SimCorp A/S |
3,844 | 217,728 | ||||||
|
|
|||||||
Total Denmark |
|
39,983,218 | ||||||
Finland – 2.2% | ||||||||
Kesko Oyj, Class B |
82,041 | 1,538,711 | ||||||
Neste Oyj |
153,361 | 6,730,755 | ||||||
|
|
|||||||
Total Finland |
|
8,269,466 | ||||||
France – 10.2% | ||||||||
Alten SA |
2,939 | 327,364 | ||||||
Bureau Veritas SA |
64,584 | 1,453,938 | ||||||
Hermes International |
3,793 | 4,522,143 | ||||||
Kering SA |
14,215 | 6,385,639 | ||||||
LVMH Moet Hennessy Louis Vuitton SE |
41,465 | 24,795,166 | ||||||
Verallia SA(b) |
38,539 | 872,889 | ||||||
|
|
|||||||
Total France |
|
38,357,139 | ||||||
Germany – 2.9% | ||||||||
adidas AG |
21,597 | 2,515,203 | ||||||
Dermapharm Holding SE |
6,498 | 237,316 | ||||||
Eckert & Ziegler Strahlen – und Medizintechnik AG |
409 | 13,775 | ||||||
Fielmann AG |
19,361 | 625,152 | ||||||
Hapag-Lloyd AG(a)(b) |
40,918 | 7,002,903 |
See Notes to Financial Statements.
60 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
September 30, 2022
Investments | Shares | Value | ||||||
Nemetschek SE |
3,966 | $ | 191,273 | |||||
Puma SE |
1,604 | 75,378 | ||||||
Varta AG(a) |
9,751 | 280,368 | ||||||
VERBIO Vereinigte BioEnergie AG |
1,700 | 100,757 | ||||||
|
|
|||||||
Total Germany |
|
11,042,125 | ||||||
Hong Kong – 0.7% | ||||||||
Kingboard Laminates Holdings Ltd.(a) |
286,500 | 258,036 | ||||||
Techtronic Industries Co. Ltd. |
233,500 | 2,256,204 | ||||||
|
|
|||||||
Total Hong Kong |
|
2,514,240 | ||||||
India – 3.2% | ||||||||
Asian Paints Ltd. |
12,296 | 505,201 | ||||||
Berger Paints India Ltd. |
1,214 | 9,207 | ||||||
Colgate-Palmolive India Ltd. |
9,172 | 183,708 | ||||||
Eicher Motors Ltd. |
6,479 | 292,415 | ||||||
ICICI Securities Ltd.(b) |
24,803 | 159,502 | ||||||
Infosys Ltd. |
355,252 | 6,172,381 | ||||||
L&T Technology Services Ltd.(b) |
3,138 | 138,541 | ||||||
Larsen & Toubro Infotech Ltd.(b) |
3,952 | 216,560 | ||||||
Marico Ltd. |
71,651 | 473,717 | ||||||
Mphasis Ltd. |
14,518 | 372,563 | ||||||
Nestle India Ltd. |
1,421 | 334,411 | ||||||
Page Industries Ltd. |
147 | 91,553 | ||||||
Pidilite Industries Ltd. |
10,459 | 345,881 | ||||||
Supreme Industries Ltd. |
8,333 | 218,529 | ||||||
Tata Consultancy Services Ltd. |
66,403 | 2,452,466 | ||||||
|
|
|||||||
Total India |
|
11,966,635 | ||||||
Indonesia – 0.2% | ||||||||
Bukit Asam Tbk PT |
747,400 | 204,673 | ||||||
Sarana Menara Nusantara Tbk PT |
2,524,200 | 204,721 | ||||||
Sumber Alfaria Trijaya Tbk PT |
1,203,200 | 188,846 | ||||||
|
|
|||||||
Total Indonesia |
|
598,240 | ||||||
Israel – 0.3% | ||||||||
Maytronics Ltd. |
13,969 | 173,697 | ||||||
Strauss Group Ltd. |
38,603 | 919,969 | ||||||
|
|
|||||||
Total Israel |
|
1,093,666 | ||||||
Italy – 1.1% | ||||||||
Carel Industries SpA(b) |
7,919 | 148,485 | ||||||
De’ Longhi SpA(a) |
20,713 | 305,793 | ||||||
DiaSorin SpA(a) |
3,087 | 347,176 | ||||||
Ferrari NV |
9,842 | 1,848,316 | ||||||
Interpump Group SpA |
10,312 | 337,614 | ||||||
Moncler SpA |
19,559 | 812,233 | ||||||
Technogym SpA(b) |
41,665 | 262,046 | ||||||
|
|
|||||||
Total Italy |
|
4,061,663 | ||||||
Japan – 7.8% | ||||||||
BayCurrent Consulting, Inc. |
700 | 182,079 | ||||||
Benefit One, Inc. |
17,000 | 238,772 | ||||||
Fast Retailing Co. Ltd.(a) |
6,900 | 3,656,769 | ||||||
Hoya Corp. |
24,200 | 2,320,605 | ||||||
Japan Elevator Service Holdings Co. Ltd.(a) |
4,500 | 58,914 | ||||||
JCR Pharmaceuticals Co. Ltd. |
12,300 | 183,975 | ||||||
Justsystems Corp.(a) |
2,700 | 62,396 | ||||||
Kakaku.com, Inc. |
31,200 | 530,688 | ||||||
Koei Tecmo Holdings Co. Ltd.(a) |
71,200 | 1,168,262 | ||||||
Lasertec Corp.(a) |
3,900 | 395,941 | ||||||
M3, Inc. |
11,900 | 333,047 | ||||||
Milbon Co. Ltd. |
4,500 | 198,038 | ||||||
MonotaRO Co. Ltd.(a) |
24,500 | 376,103 | ||||||
Nihon M&A Center Holdings, Inc. |
21,600 | 248,166 | ||||||
Nippon Shinyaku Co. Ltd.(a) |
11,400 | 582,818 | ||||||
Nomura Research Institute Ltd. |
66,900 | 1,640,782 | ||||||
Olympus Corp. |
78,700 | 1,510,712 | ||||||
Recruit Holdings Co. Ltd. |
57,600 | 1,655,833 | ||||||
Shionogi & Co. Ltd. |
53,800 | 2,597,728 | ||||||
SMS Co. Ltd. |
1,200 | 24,283 | ||||||
Systena Corp. |
51,200 | 142,551 | ||||||
Toei Animation Co. Ltd.(a) |
2,200 | 187,861 | ||||||
Tokyo Electron Ltd. |
39,200 | 9,668,313 | ||||||
West Holdings Corp. |
6,900 | 198,546 | ||||||
Workman Co. Ltd.(a) |
6,300 | 199,344 | ||||||
ZOZO, Inc. |
38,252 | 764,802 | ||||||
|
|
|||||||
Total Japan |
|
29,127,328 | ||||||
Malaysia – 0.1% | ||||||||
Fraser & Neave Holdings Bhd |
53,800 | 250,610 | ||||||
ViTrox Corp. Bhd |
1,600 | 2,495 | ||||||
Westports Holdings Bhd |
124,200 | 81,961 | ||||||
|
|
|||||||
Total Malaysia |
|
335,066 | ||||||
Mexico – 1.4% | ||||||||
America Movil SAB de CV, Series L |
2,812,700 | 2,326,256 | ||||||
Grupo Mexico SAB de CV, Series B |
842,915 | 2,855,620 | ||||||
Sitios Latinoamerica SAB de CV*(a) |
140,635 | 62,877 | ||||||
|
|
|||||||
Total Mexico |
|
5,244,753 | ||||||
Netherlands – 3.4% | ||||||||
ASM International NV(a) |
3,579 | 819,567 | ||||||
ASML Holding NV |
21,250 | 9,026,493 | ||||||
BE Semiconductor Industries NV |
24,626 | 1,075,727 | ||||||
STMicroelectronics NV(a) |
56,057 | 1,771,048 | ||||||
|
|
|||||||
Total Netherlands |
|
12,692,835 | ||||||
Norway – 1.2% | ||||||||
AF Gruppen ASA |
38,833 | 493,197 | ||||||
Aker BP ASA(a) |
125,812 | 3,609,060 | ||||||
TOMRA Systems ASA |
21,659 | 382,368 | ||||||
|
|
|||||||
Total Norway |
|
4,484,625 | ||||||
Philippines – 0.1% | ||||||||
Manila Electric Co. |
62,050 | 278,365 | ||||||
San Miguel Food and Beverage, Inc. |
68,100 | 44,142 | ||||||
|
|
|||||||
Total Philippines |
|
322,507 | ||||||
Poland – 0.1% | ||||||||
CD Projekt SA |
11,404 | 231,359 | ||||||
KGHM Polska Miedz SA |
5,866 | 104,113 | ||||||
|
|
|||||||
Total Poland |
|
335,472 |
See Notes to Financial Statements.
WisdomTree Trust | 61 |
Schedule of Investments (unaudited) (continued)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
September 30, 2022
Investments | Shares | Value | ||||||
Portugal – 0.6% | ||||||||
Jeronimo Martins SGPS SA |
112,014 | $ | 2,090,442 | |||||
Russia – 0.0% | ||||||||
Evraz PLC† |
243,480 | 0 | ||||||
Lukoil PJSC, ADR† |
70,640 | 0 | ||||||
Magnitogorsk Iron & Steel Works PJSC, GDR†(c) |
54,588 | 0 | ||||||
MMC Norilsk Nickel PJSC, ADR† |
16,221 | 0 | ||||||
Novatek PJSC† |
97,470 | 0 | ||||||
PhosAgro PJSC† |
8,670 | 0 | ||||||
|
|
|||||||
Total Russia |
|
0 | ||||||
South Africa – 1.8% | ||||||||
Anglo American Platinum Ltd. |
15,362 | 1,101,141 | ||||||
Capitec Bank Holdings Ltd. |
8,318 | 718,757 | ||||||
Clicks Group Ltd. |
31,413 | 498,937 | ||||||
Gold Fields Ltd. |
139,259 | 1,142,509 | ||||||
Impala Platinum Holdings Ltd. |
313,362 | 2,958,305 | ||||||
Mr. Price Group Ltd. |
40,632 | 390,641 | ||||||
|
|
|||||||
Total South Africa |
|
6,810,290 | ||||||
South Korea – 0.5% | ||||||||
Coway Co. Ltd. |
3,938 | 148,360 | ||||||
DB HiTek Co. Ltd. |
1,682 | 43,910 | ||||||
Fila Holdings Corp. |
1,649 | 36,076 | ||||||
Kumho Petrochemical Co. Ltd. |
1,687 | 136,191 | ||||||
LG H&H Co. Ltd. |
258 | 114,150 | ||||||
Macquarie Korea Infrastructure Fund |
131,434 | 1,079,436 | ||||||
Seegene, Inc. |
9,387 | 175,838 | ||||||
|
|
|||||||
Total South Korea |
|
1,733,961 | ||||||
Spain – 3.8% | ||||||||
Cie Automotive SA |
28,133 | 586,487 | ||||||
Industria de Diseno Textil SA(a) |
652,593 | 13,604,571 | ||||||
Laboratorios Farmaceuticos Rovi SA |
3,986 | 172,596 | ||||||
|
|
|||||||
Total Spain |
|
14,363,654 | ||||||
Sweden – 2.2% | ||||||||
AddLife AB, Class B |
5,119 | 53,646 | ||||||
AddTech AB, Class B |
19,832 | 263,414 | ||||||
Atlas Copco AB, Class B |
287,965 | 2,419,970 | ||||||
Epiroc AB, Class B |
62,975 | 800,133 | ||||||
EQT AB(a) |
74,226 | 1,465,458 | ||||||
Evolution AB(b) |
11,932 | 953,485 | ||||||
Hexpol AB |
53,067 | 439,455 | ||||||
HMS Networks AB |
1,075 | 29,216 | ||||||
Husqvarna AB, Class B |
102,852 | 575,545 | ||||||
Instalco AB(a) |
10,817 | 43,711 | ||||||
Lagercrantz Group AB, Class B(a) |
24,187 | 212,828 | ||||||
Lifco AB, Class B(a) |
41,849 | 589,035 | ||||||
Mycronic AB |
12,040 | 146,465 | ||||||
Thule Group AB(a)(b) |
17,534 | 353,129 | ||||||
Troax Group AB |
3,869 | 54,945 | ||||||
Vitrolife AB |
1,028 | 14,729 | ||||||
|
|
|||||||
Total Sweden |
|
8,415,164 |
Investments | Shares | Value | ||||||
Switzerland – 8.7% | ||||||||
EMS-Chemie Holding AG, Registered Shares(a) |
3,484 | $ | 2,224,734 | |||||
Kuehne + Nagel International AG, Registered Shares(a) |
21,091 | 4,328,557 | ||||||
Logitech International SA, Registered Shares(a) |
19,580 | 914,098 | ||||||
Partners Group Holding AG |
6,075 | 4,966,162 | ||||||
Roche Holding AG, Bearer Shares(a) |
43,076 | 16,972,185 | ||||||
Schindler Holding AG, Participation Certificate |
6,422 | 1,009,055 | ||||||
SFS Group AG |
7,532 | 651,995 | ||||||
Straumann Holding AG, Registered Shares |
5,445 | 508,071 | ||||||
Temenos AG, Registered Shares |
4,914 | 336,703 | ||||||
VAT Group AG(b) |
3,863 | 799,877 | ||||||
|
|
|||||||
Total Switzerland |
|
32,711,437 | ||||||
Taiwan – 7.1% | ||||||||
Accton Technology Corp. |
80,000 | 686,636 | ||||||
Advantech Co. Ltd. |
47,496 | 439,071 | ||||||
Chicony Electronics Co. Ltd. |
323,000 | 838,300 | ||||||
Eclat Textile Co. Ltd. |
21,283 | 262,778 | ||||||
Elite Material Co. Ltd. |
51,000 | 257,016 | ||||||
Feng TAY Enterprise Co. Ltd. |
75,620 | 376,326 | ||||||
Giant Manufacturing Co. Ltd. |
32,000 | 207,125 | ||||||
Lotes Co. Ltd. |
10,000 | 240,637 | ||||||
Macronix International Co. Ltd. |
501,000 | 491,548 | ||||||
Makalot Industrial Co. Ltd. |
16,000 | 92,475 | ||||||
MediaTek, Inc. |
390,000 | 6,768,402 | ||||||
Merida Industry Co. Ltd. |
22,000 | 125,075 | ||||||
Micro-Star International Co. Ltd. |
179,000 | 606,082 | ||||||
momo.com, Inc. |
3,120 | 52,477 | ||||||
Nien Made Enterprise Co. Ltd. |
29,000 | 229,724 | ||||||
Novatek Microelectronics Corp. |
136,000 | 938,108 | ||||||
Realtek Semiconductor Corp.(a) |
88,000 | 748,370 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. |
954,000 | 12,680,336 | ||||||
Wan Hai Lines Ltd. |
52,900 | 111,302 | ||||||
Wiwynn Corp. |
18,000 | 458,093 | ||||||
|
|
|||||||
Total Taiwan |
|
26,609,881 | ||||||
Thailand – 0.2% | ||||||||
Carabao Group PCL, NVDR |
48,900 | 110,518 | ||||||
Home Product Center PCL, NVDR |
317,000 | 113,454 | ||||||
Krungthai Card PCL, NVDR |
98,200 | 149,695 | ||||||
Muangthai Capital PCL, NVDR |
71,000 | 68,233 | ||||||
Srisawad Corp. PCL, NVDR |
125,400 | 142,953 | ||||||
|
|
|||||||
Total Thailand |
|
584,853 | ||||||
Turkey – 0.6% | ||||||||
BIM Birlesik Magazalar AS |
188,900 | 1,178,937 | ||||||
Coca-Cola Icecek AS |
1,300 | 9,439 | ||||||
Ford Otomotiv Sanayi AS |
11,586 | 204,365 | ||||||
Iskenderun Demir ve Celik AS |
14,748 | 19,777 | ||||||
Tofas Turk Otomobil Fabrikasi AS |
26,656 | 131,565 | ||||||
Turk Telekomunikasyon AS |
222,107 | 129,753 | ||||||
Turkcell Iletisim Hizmetleri AS |
504,597 | 539,478 | ||||||
|
|
|||||||
Total Turkey |
|
2,213,314 |
See Notes to Financial Statements.
62 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
September 30, 2022
Investments | Shares | Value | ||||||
United Kingdom – 9.9% | ||||||||
Anglo American PLC |
702,442 | $ | 21,450,029 | |||||
Antofagasta PLC |
295,786 | 3,683,222 | ||||||
Ashtead Group PLC |
38,020 | 1,734,168 | ||||||
Auto Trader Group PLC(b) |
90,770 | 521,831 | ||||||
Computacenter PLC |
28,268 | 609,969 | ||||||
Dunelm Group PLC |
55,769 | 454,461 | ||||||
Ferrexpo PLC |
600,594 | 815,258 | ||||||
Fevertree Drinks PLC(a) |
11,810 | 110,412 | ||||||
Fresnillo PLC(a) |
179,777 | 1,543,669 | ||||||
Games Workshop Group PLC |
3,967 | 256,623 | ||||||
Gamma Communications PLC |
7,870 | 92,773 | ||||||
Greggs PLC |
1,309 | 25,016 | ||||||
Howden Joinery Group PLC |
113,165 | 638,199 | ||||||
Impax Asset Management Group PLC(a) |
10,909 | 63,933 | ||||||
Kainos Group PLC |
15,545 | 223,331 | ||||||
Pagegroup PLC |
22,993 | 95,122 | ||||||
Rightmove PLC |
110,350 | 593,992 | ||||||
RS Group PLC |
73,924 | 799,632 | ||||||
Softcat PLC |
32,572 | 432,685 | ||||||
Spirax-Sarco Engineering PLC |
6,765 | 785,384 | ||||||
Synthomer PLC(a) |
120,556 | 143,324 | ||||||
Taylor Wimpey PLC |
1,850,701 | 1,824,222 | ||||||
Victrex PLC |
17,557 | 327,301 | ||||||
|
|
|||||||
Total United Kingdom |
|
37,224,556 | ||||||
United States – 0.0% | ||||||||
JS Global Lifestyle Co. Ltd.(b) |
80,500 | 77,835 | ||||||
TOTAL COMMON STOCKS (Cost: $511,878,665) |
372,824,979 | |||||||
RIGHTS – 0.0% | ||||||||
Brazil – 0.0% | ||||||||
Localiza Rent a Car SA, expiring 10/31/22* |
||||||||
(Cost: $0) | 145 | 295 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 10.4% |
| |||||||
United States – 10.4% | ||||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(d) |
||||||||
(Cost: $39,046,000) | 39,046,000 | 39,046,000 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 109.9% (Cost: $550,924,665) |
|
411,871,274 | ||||||
Other Assets less Liabilities – (9.9)% |
(37,090,985 | ) | ||||||
|
|
|||||||
NET ASSETS – 100.0% | $ | 374,780,289 |
* |
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, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $45,730,219 and the total market value of the collateral held by the Fund was $48,654,942. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $9,608,942. |
(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, 2022. |
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, 2022 were as follows:
Affiliate | Value at 3/31/2022 |
Purchases/ Additions |
Sales/ Reductions |
Realized Gain/(Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Value at 9/30/2022 |
Dividend Income |
|||||||||||||||||||||
WisdomTree Emerging Markets High Dividend Fund^ |
$ | 166,769 | $ | 2,839,952 | $ | 2,676,106 | $ | (323,013 | ) | $ | (7,602 | ) | $ | — | $ | 101,493 | ||||||||||||
WisdomTree International Equity Fund^ |
246,448 | 4,272,859 | 4,108,726 | (404,949 | ) | (5,632 | ) | — | 64,747 | |||||||||||||||||||
Total |
$ | 413,217 | $ | 7,112,811 | $ | 6,784,832 | $ | (727,962 | ) | $ | (13,234 | ) | $ | — | $ | 166,240 |
^ |
As of September 30,2022, the Fund did not hold a position in this affiliate. |
See Notes to Financial Statements.
WisdomTree Trust | 63 |
Schedule of Investments (unaudited) (concluded)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
September 30, 2022
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
Quoted Prices in Active Markets (Level 1) |
Other Significant Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Total | |||||||||||||
Assets: |
||||||||||||||||
Investments in Securities |
||||||||||||||||
Common Stocks |
||||||||||||||||
Russia |
$ | — | $ | — | $ | 0 | * | $ | 0 | |||||||
Other |
372,824,979 | — | — | 372,824,979 | ||||||||||||
Rights |
295 | — | — | 295 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 39,046,000 | — | 39,046,000 | ||||||||||||
Total Investments in Securities |
$ | 372,825,274 | $ | 39,046,000 | $ | 0 | $ | 411,871,274 |
* |
Securities are being fair valued using significant unobservable inputs by the Pricing Committee. |
See Notes to Financial Statements.
64 | WisdomTree Trust |
Schedule of Investments (unaudited)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.0% |
| |||||||
Australia – 4.5% |
| |||||||
Alumina Ltd. |
11,384 | $ | 9,259 | |||||
APA Group |
7,154 | 44,111 | ||||||
Atlas Arteria Ltd.(a) |
10,264 | 41,113 | ||||||
Australia & New Zealand Banking Group Ltd.(a) |
8,738 | 128,093 | ||||||
Bendigo & Adelaide Bank Ltd.(a) |
7,896 | 39,548 | ||||||
BHP Group Ltd. |
45,678 | 1,131,281 | ||||||
Coles Group Ltd.(a) |
7,604 | 80,326 | ||||||
Commonwealth Bank of Australia(a) |
7,129 | 415,732 | ||||||
Fortescue Metals Group Ltd. |
31,313 | 338,632 | ||||||
GPT Group |
14,780 | 36,396 | ||||||
Growthpoint Properties Australia Ltd. |
13,256 | 26,165 | ||||||
Insurance Australia Group Ltd.(a) |
9,187 | 27,171 | ||||||
JB Hi-Fi Ltd.(a) |
1,229 | 29,995 | ||||||
Magellan Financial Group Ltd.(a) |
3,618 | 26,193 | ||||||
Medibank Pvt Ltd. |
15,661 | 34,940 | ||||||
Mirvac Group(a) |
15,021 | 18,784 | ||||||
National Australia Bank Ltd.(a) |
12,580 | 233,024 | ||||||
Newcrest Mining Ltd. |
3,375 | 36,716 | ||||||
Rio Tinto Ltd. |
13,079 | 729,667 | ||||||
Scentre Group |
22,292 | 36,405 | ||||||
Stockland |
13,098 | 27,538 | ||||||
Suncorp Group Ltd. |
8,718 | 56,221 | ||||||
Telstra Corp. Ltd.(a) |
69,041 | 170,901 | ||||||
Vicinity Centres |
39,333 | 43,877 | ||||||
Wesfarmers Ltd. |
5,255 | 144,338 | ||||||
Westpac Banking Corp.(a) |
10,309 | 136,805 | ||||||
Worley Ltd.(a) |
2,523 | 20,650 | ||||||
|
|
|||||||
Total Australia |
|
4,063,881 | ||||||
Austria – 0.3% | ||||||||
BAWAG Group AG(b) |
1,718 | 74,828 | ||||||
Oesterreichische Post AG(a) |
818 | 21,877 | ||||||
OMV AG |
1,372 | 50,228 | ||||||
Strabag SE, Bearer Shares |
1,654 | 62,545 | ||||||
Telekom Austria AG* |
3,413 | 19,761 | ||||||
|
|
|||||||
Total Austria |
|
229,239 | ||||||
Belgium – 0.2% | ||||||||
Cofinimmo SA |
360 | 29,907 | ||||||
Etablissements Franz Colruyt NV(a) |
2,182 | 48,096 | ||||||
Proximus SADP |
3,242 | 33,650 | ||||||
Solvay SA |
577 | 45,017 | ||||||
Telenet Group Holding NV |
1,281 | 17,707 | ||||||
|
|
|||||||
Total Belgium |
|
174,377 | ||||||
Brazil – 1.8% | ||||||||
B3 SA – Brasil Bolsa Balcao |
49,049 | 118,341 | ||||||
Banco Bradesco SA |
11,719 | 35,338 | ||||||
Banco do Brasil SA |
9,718 | 69,208 | ||||||
Cia Siderurgica Nacional SA |
11,826 | 27,811 | ||||||
Engie Brasil Energia SA |
4,592 | 32,694 | ||||||
Gerdau SA |
5,429 | 20,155 | ||||||
JBS SA |
6,612 | 30,708 | ||||||
Petroleo Brasileiro SA |
42,441 | 259,565 | ||||||
Telefonica Brasil SA |
4,957 | 37,107 | ||||||
Transmissora Alianca de Energia Eletrica SA |
4,957 | 35,696 | ||||||
Vale SA |
64,469 | 858,657 | ||||||
Vibra Energia SA |
24,298 | 77,492 | ||||||
|
|
|||||||
Total Brazil |
|
1,602,772 | ||||||
Canada – 4.8% | ||||||||
Algonquin Power & Utilities Corp.(a) |
3,776 | 41,469 | ||||||
Allied Properties Real Estate Investment Trust |
1,121 | 22,321 | ||||||
AltaGas Ltd.(a) |
2,542 | 48,933 | ||||||
Atco Ltd., Class I(a) |
530 | 16,374 | ||||||
Bank of Montreal |
2,351 | 207,151 | ||||||
Bank of Nova Scotia |
6,213 | 297,074 | ||||||
BCE, Inc.(a) |
3,952 | 166,588 | ||||||
Canadian Imperial Bank of Commerce(a) |
4,096 | 180,229 | ||||||
Canadian Natural Resources Ltd. |
5,780 | 270,481 | ||||||
Canadian Utilities Ltd., Class A(a) |
124 | 3,242 | ||||||
Canadian Western Bank(a) |
1,782 | 29,167 | ||||||
Capital Power Corp. |
1,453 | 49,595 | ||||||
Choice Properties Real Estate Investment Trust |
425 | 3,894 | ||||||
Dream Industrial Real Estate Investment Trust |
3,789 | 29,588 | ||||||
Emera, Inc.(a) |
581 | 23,632 | ||||||
Enbridge, Inc.(a) |
9,686 | 361,062 | ||||||
First National Financial Corp.(a) |
1,524 | 39,940 | ||||||
Fortis, Inc.(a) |
1,569 | 59,926 | ||||||
Gibson Energy, Inc.(a) |
1,927 | 30,811 | ||||||
Granite Real Estate Investment Trust |
608 | 29,501 | ||||||
Great-West Lifeco, Inc.(a) |
4,996 | 108,425 | ||||||
H&R Real Estate Investment Trust |
2,084 | 15,773 | ||||||
Hydro One Ltd.(a)(b) |
2,435 | 59,863 | ||||||
IGM Financial, Inc.(a) |
2,476 | 62,024 | ||||||
Innergex Renewable Energy, Inc. |
2,587 | 32,741 | ||||||
Keyera Corp.(a) |
1,916 | 39,657 | ||||||
Manulife Financial Corp.(a) |
10,534 | 166,207 | ||||||
National Bank of Canada |
691 | 43,540 | ||||||
NorthWest Healthcare Properties Real Estate Investment Trust |
2,053 | 15,838 | ||||||
Parkland Corp.(a) |
755 | 16,264 | ||||||
Pembina Pipeline Corp.(a) |
2,767 | 84,497 | ||||||
Power Corp. of Canada(a) |
3,215 | 72,838 | ||||||
Restaurant Brands International, Inc.(a) |
968 | 51,766 | ||||||
RioCan Real Estate Investment Trust |
2,391 | 32,401 | ||||||
Rogers Communications, Inc., Class B(a) |
1,740 | 67,381 | ||||||
Royal Bank of Canada(a) |
5,416 | 490,221 | ||||||
Shaw Communications, Inc., Class B |
1,529 | 37,378 | ||||||
SmartCentres Real Estate Investment Trust |
1,457 | 27,517 | ||||||
Sun Life Financial, Inc.(a) |
2,394 | 95,704 | ||||||
Suncor Energy, Inc. |
4,013 | 113,610 | ||||||
TC Energy Corp.(a) |
4,116 | 166,671 | ||||||
TELUS Corp.(a) |
6,319 | 126,145 | ||||||
Toronto-Dominion Bank |
7,762 | 478,583 | ||||||
TransAlta Renewables, Inc.(a) |
2,690 | 28,622 | ||||||
|
|
|||||||
Total Canada |
|
4,344,644 |
See Notes to Financial Statements.
WisdomTree Trust | 65 |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2022
Investments | Shares | Value | ||||||
Chile – 0.1% | ||||||||
Banco Santander Chile |
716,745 | $ | 25,305 | |||||
Cencosud SA |
63,553 | 81,271 | ||||||
Empresas CMPC SA |
13,055 | 20,076 | ||||||
|
|
|||||||
Total Chile |
|
126,652 | ||||||
China – 2.9% | ||||||||
Agricultural Bank of China Ltd., Class H |
168,074 | 50,316 | ||||||
Anhui Conch Cement Co. Ltd., Class H(a) |
6,000 | 19,032 | ||||||
Bank of China Ltd., Class H |
827,000 | 270,754 | ||||||
Bank of Communications Co. Ltd., Class H |
171,000 | 90,185 | ||||||
BOC Hong Kong Holdings Ltd. |
47,000 | 156,569 | ||||||
China CITIC Bank Corp. Ltd., Class H |
15,000 | 5,962 | ||||||
China Construction Bank Corp., Class H |
1,040,536 | 601,795 | ||||||
China Everbright Environment Group Ltd. |
33,000 | 13,705 | ||||||
China Hongqiao Group Ltd. |
22,000 | 18,217 | ||||||
China Life Insurance Co. Ltd., Class H |
54,000 | 69,203 | ||||||
China Merchants Port Holdings Co. Ltd. |
50,000 | 62,867 | ||||||
China National Building Material Co. Ltd., Class H |
22,000 | 16,843 | ||||||
China Pacific Insurance Group Co. Ltd., Class H |
16,000 | 29,473 | ||||||
China Petroleum & Chemical Corp., Class H |
192,000 | 82,426 | ||||||
China Resources Land Ltd. |
10,000 | 39,364 | ||||||
China Shenhua Energy Co. Ltd., Class H |
40,500 | 120,986 | ||||||
China Vanke Co. Ltd., Class H(a) |
12,600 | 22,953 | ||||||
CIFI Holdings Group Co. Ltd.(a) |
24,960 | 2,544 | ||||||
CITIC Ltd. |
44,000 | 41,478 | ||||||
Guangdong Investment Ltd.(a) |
32,000 | 25,641 | ||||||
Haitong Securities Co. Ltd., Class H |
37,600 | 19,926 | ||||||
Hengan International Group Co. Ltd. |
10,000 | 44,714 | ||||||
Industrial & Commercial Bank of China Ltd., Class H |
657,000 | 307,999 | ||||||
Kingboard Holdings Ltd. |
5,500 | 15,554 | ||||||
Lenovo Group Ltd. |
50,000 | 34,777 | ||||||
Longfor Group Holdings Ltd.(a)(b) |
8,500 | 24,417 | ||||||
New China Life Insurance Co. Ltd., Class H |
8,000 | 15,266 | ||||||
PetroChina Co. Ltd., Class H |
184,000 | 75,476 | ||||||
PICC Property & Casualty Co. Ltd., Class H |
28,000 | 29,035 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H |
26,000 | 129,836 | ||||||
Postal Savings Bank of China Co. Ltd., Class H(a)(b) |
45,000 | 26,542 | ||||||
Sinopharm Group Co. Ltd., Class H |
25,200 | 50,529 | ||||||
SITC International Holdings Co. Ltd. |
9,000 | 16,647 | ||||||
Tingyi Cayman Islands Holding Corp. |
32,000 | 55,196 | ||||||
Wilmar International Ltd. |
25,500 | 68,242 | ||||||
Xinyi Glass Holdings Ltd. |
12,000 | 17,458 | ||||||
|
|
|||||||
Total China |
|
2,671,927 | ||||||
Denmark – 0.2% | ||||||||
Tryg A/S |
7,851 | 162,297 | ||||||
Finland – 0.7% | ||||||||
Elisa Oyj |
1,454 | 66,022 | ||||||
Fortum Oyj |
6,881 | 92,823 | ||||||
Nokian Renkaat Oyj |
880 | 8,535 | ||||||
Nordea Bank Abp |
33,984 | 292,971 | ||||||
Orion Oyj, Class B |
478 | 20,173 | ||||||
Sampo Oyj, Class A |
1,621 | 69,491 | ||||||
TietoEVRY Oyj(a) |
2,088 | 47,579 | ||||||
UPM-Kymmene Oyj |
2,017 | 64,377 | ||||||
Valmet Oyj |
619 | 12,631 | ||||||
|
|
|||||||
Total Finland |
|
674,602 | ||||||
France – 2.0% | ||||||||
ALD SA(a)(b) |
5,048 | 46,782 | ||||||
Amundi SA(b) |
749 | 31,522 | ||||||
AXA SA |
18,448 | 406,181 | ||||||
BNP Paribas SA |
5,070 | 216,578 | ||||||
Bouygues SA(a) |
1,647 | 43,322 | ||||||
Covivio |
1,008 | 48,900 | ||||||
Credit Agricole SA |
16,138 | 132,231 | ||||||
Danone SA |
2,265 | 107,772 | ||||||
Eiffage SA |
342 | 27,648 | ||||||
Engie SA |
9,366 | 108,655 | ||||||
Eutelsat Communications SA(a) |
1,781 | 13,819 | ||||||
ICADE |
709 | 26,533 | ||||||
Klepierre SA* |
1,310 | 22,972 | ||||||
Metropole Television SA |
1,710 | 20,756 | ||||||
Nexity SA |
865 | 17,694 | ||||||
Orange SA |
20,850 | 188,897 | ||||||
Publicis Groupe SA |
1,231 | 58,971 | ||||||
Sanofi |
4,140 | 317,971 | ||||||
|
|
|||||||
Total France |
|
1,837,204 | ||||||
Germany – 1.6% | ||||||||
Allianz SE, Registered Shares |
1,672 | 265,024 | ||||||
BASF SE |
3,878 | 150,444 | ||||||
Bayer AG, Registered Shares |
3,646 | 169,357 | ||||||
Deutsche Telekom AG, Registered Shares |
14,878 | 254,950 | ||||||
DWS Group GmbH & Co. KGaA(b) |
1,831 | 44,054 | ||||||
E.ON SE |
14,918 | 115,396 | ||||||
Evonik Industries AG |
1,938 | 32,750 | ||||||
Freenet AG |
3,860 | 73,549 | ||||||
Hannover Rueck SE |
408 | 61,633 | ||||||
HeidelbergCement AG |
696 | 27,853 | ||||||
Hochtief AG |
788 | 37,718 | ||||||
Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares |
452 | 109,594 | ||||||
Talanx AG* |
974 | 34,732 | ||||||
Vonovia SE |
2,092 | 45,518 | ||||||
|
|
|||||||
Total Germany |
|
1,422,572 | ||||||
Hong Kong – 1.0% | ||||||||
Bank of East Asia Ltd. |
24,800 | 27,170 | ||||||
CLP Holdings Ltd. |
17,000 | 128,530 | ||||||
Hang Lung Properties Ltd. |
33,000 | 54,146 | ||||||
Hang Seng Bank Ltd. |
9,600 | 145,775 | ||||||
Henderson Land Development Co. Ltd. |
32,100 | 89,963 | ||||||
Hysan Development Co. Ltd. |
3,000 | 7,559 | ||||||
Link REIT |
7,900 | 55,251 | ||||||
Power Assets Holdings Ltd. |
19,000 | 95,364 | ||||||
Sino Land Co. Ltd. |
64,000 | 84,628 | ||||||
Sun Hung Kai Properties Ltd. |
8,000 | 88,511 |
See Notes to Financial Statements.
66 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2022
Investments | Shares | Value | ||||||
Swire Pacific Ltd., Class A |
2,000 | $ | 14,968 | |||||
Swire Properties Ltd. |
32,600 | 70,184 | ||||||
|
|
|||||||
Total Hong Kong |
|
862,049 | ||||||
India – 0.6% | ||||||||
Ambuja Cements Ltd. |
10,424 | 66,067 | ||||||
Bharat Petroleum Corp. Ltd. |
13,964 | 52,319 | ||||||
Coal India Ltd. |
11,043 | 28,812 | ||||||
Hindustan Petroleum Corp. Ltd. |
7,577 | 20,146 | ||||||
ITC Ltd. |
33,505 | 136,818 | ||||||
NTPC Ltd. |
44,862 | 88,041 | ||||||
Power Finance Corp. Ltd. |
18,597 | 23,912 | ||||||
Power Grid Corp. of India Ltd. |
25,850 | 67,428 | ||||||
REC Ltd. |
14,549 | 16,811 | ||||||
Vedanta Ltd. |
11,094 | 36,827 | ||||||
|
|
|||||||
Total India |
|
537,181 | ||||||
Indonesia – 0.3% | ||||||||
Bank Mandiri Persero Tbk PT |
216,300 | 133,878 | ||||||
Telkom Indonesia Persero Tbk PT |
424,700 | 124,391 | ||||||
|
|
|||||||
Total Indonesia |
|
258,269 | ||||||
Italy – 1.2% | ||||||||
A2A SpA(a) |
21,043 | 20,611 | ||||||
ACEA SpA |
1,813 | 19,786 | ||||||
Assicurazioni Generali SpA(a) |
10,712 | 147,126 | ||||||
Azimut Holding SpA |
1,002 | 14,434 | ||||||
Banca Mediolanum SpA |
5,337 | 33,828 | ||||||
Enel SpA |
44,867 | 185,661 | ||||||
Eni SpA(a) |
17,040 | 182,123 | ||||||
Intesa Sanpaolo SpA |
111,881 | 186,634 | ||||||
Iren SpA |
25,122 | 33,397 | ||||||
Italgas SpA |
6,190 | 28,962 | ||||||
Poste Italiane SpA(b) |
4,195 | 32,014 | ||||||
Snam SpA |
25,140 | 102,109 | ||||||
Terna – Rete Elettrica Nazionale(a) |
13,028 | 79,768 | ||||||
Unipol Gruppo SpA |
3,755 | 14,692 | ||||||
UnipolSai Assicurazioni SpA(a) |
18,438 | 38,474 | ||||||
|
|
|||||||
Total Italy |
|
1,119,619 | ||||||
Japan – 4.6% | ||||||||
Aisin Corp.(a) |
900 | 23,068 | ||||||
Canon, Inc.(a) |
4,000 | 87,658 | ||||||
Chubu Electric Power Co., Inc.(a) |
3,800 | 34,234 | ||||||
Chugoku Electric Power Co., Inc.(a) |
3,400 | 17,241 | ||||||
Concordia Financial Group Ltd. |
15,900 | 49,102 | ||||||
Daito Trust Construction Co. Ltd. |
200 | 18,750 | ||||||
Daiwa House Industry Co. Ltd. |
3,300 | 67,108 | ||||||
ENEOS Holdings, Inc.(a) |
21,000 | 67,478 | ||||||
Haseko Corp. |
3,100 | 33,646 | ||||||
Honda Motor Co. Ltd. |
5,000 | 108,363 | ||||||
Hulic Co. Ltd. |
3,500 | 25,704 | ||||||
Idemitsu Kosan Co. Ltd.(a) |
3,000 | 64,976 | ||||||
Inpex Corp. |
5,100 | 47,883 | ||||||
Isuzu Motors Ltd. |
3,300 | 36,410 | ||||||
Japan Post Holdings Co. Ltd. |
17,300 | 114,465 | ||||||
Japan Post Insurance Co. Ltd. |
3,400 | 47,590 | ||||||
Japan Tobacco, Inc. |
17,400 | 285,382 | ||||||
JFE Holdings, Inc. |
3,300 | 30,573 | ||||||
Kajima Corp.(a) |
3,400 | 32,251 | ||||||
Kansai Electric Power Co., Inc. |
4,400 | 36,843 | ||||||
KDDI Corp. |
9,900 | 290,205 | ||||||
Marubeni Corp. |
5,569 | 48,786 | ||||||
Mitsubishi Corp.(a) |
4,500 | 123,362 | ||||||
Mitsubishi HC Capital, Inc.(a) |
8,100 | 34,807 | ||||||
Mitsubishi Heavy Industries Ltd. |
900 | 29,883 | ||||||
Mitsubishi UFJ Financial Group, Inc.(a) |
48,000 | 216,049 | ||||||
Mitsui OSK Lines Ltd.(a) |
3,800 | 68,310 | ||||||
Mizuho Financial Group, Inc. |
9,530 | 102,875 | ||||||
MS&AD Insurance Group Holdings, Inc. |
3,200 | 84,806 | ||||||
Nintendo Co. Ltd. |
3,000 | 121,331 | ||||||
Nippon Steel Corp.(a) |
3,500 | 48,518 | ||||||
Nippon Telegraph & Telephone Corp. |
17,800 | 480,340 | ||||||
Nippon Yusen KK(a) |
2,400 | 40,905 | ||||||
Resona Holdings, Inc. |
17,800 | 64,931 | ||||||
SBI Holdings, Inc.(a) |
1,400 | 25,109 | ||||||
Sekisui House Ltd. |
3,300 | 54,740 | ||||||
Shimizu Corp. |
3,800 | 18,613 | ||||||
SoftBank Corp.(a) |
35,500 | 354,767 | ||||||
Sompo Holdings, Inc. |
1,200 | 47,769 | ||||||
Sumitomo Chemical Co. Ltd.(a) |
5,500 | 18,885 | ||||||
Sumitomo Corp. |
4,686 | 58,354 | ||||||
Sumitomo Metal Mining Co. Ltd. |
900 | 25,866 | ||||||
Sumitomo Mitsui Financial Group, Inc.(a) |
5,300 | 147,343 | ||||||
Sumitomo Mitsui Trust Holdings, Inc. |
900 | 25,487 | ||||||
Sumitomo Rubber Industries Ltd. |
1,100 | 8,747 | ||||||
Taisei Corp. |
900 | 24,996 | ||||||
Takeda Pharmaceutical Co. Ltd. |
8,100 | 210,803 | ||||||
Tokio Marine Holdings, Inc.(a) |
3,600 | 63,795 | ||||||
Tosoh Corp. |
3,500 | 38,931 | ||||||
Yamaha Motor Co. Ltd. |
1,000 | 18,702 | ||||||
|
|
|||||||
Total Japan |
|
4,126,740 | ||||||
Malaysia – 0.4% | ||||||||
Hartalega Holdings Bhd |
35,700 | 12,780 | ||||||
Malayan Banking Bhd |
91,593 | 169,478 | ||||||
Petronas Gas Bhd |
17,700 | 62,983 | ||||||
Public Bank Bhd |
86,800 | 79,181 | ||||||
Sime Darby Bhd |
35,300 | 16,291 | ||||||
Tenaga Nasional Bhd |
21,200 | 36,804 | ||||||
|
|
|||||||
Total Malaysia |
|
377,517 | ||||||
Mexico – 0.4% | ||||||||
Arca Continental SAB de CV |
11,162 | 80,503 | ||||||
Coca-Cola Femsa SAB de CV |
12,793 | 74,865 | ||||||
Fibra Uno Administracion SA de CV |
44,575 | 45,955 | ||||||
Grupo Aeroportuario del Pacifico SAB de CV, Class B |
5,178 | 65,551 | ||||||
Grupo Mexico SAB de CV, Series B |
28,290 | 95,841 | ||||||
Orbia Advance Corp. SAB de CV |
8,207 | 13,787 | ||||||
|
|
|||||||
Total Mexico |
|
376,502 |
See Notes to Financial Statements.
WisdomTree Trust | 67 |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2022
Investments | Shares | Value | ||||||
Netherlands – 0.6% | ||||||||
ASR Nederland NV |
707 | $ | 27,407 | |||||
ING Groep NV |
14,753 | 128,023 | ||||||
Koninklijke Ahold Delhaize NV(a) |
2,982 | 76,349 | ||||||
Koninklijke KPN NV |
26,432 | 71,778 | ||||||
NN Group NV |
2,835 | 111,009 | ||||||
PostNL NV(a) |
14,845 | 25,057 | ||||||
Randstad NV(a) |
1,313 | 57,342 | ||||||
Signify NV(b) |
1,208 | 31,514 | ||||||
|
|
|||||||
Total Netherlands |
|
528,479 | ||||||
Norway – 0.6% | ||||||||
AF Gruppen ASA |
1,851 | 23,509 | ||||||
Aker BP ASA(a) |
3,227 | 92,570 | ||||||
DNB Bank ASA |
5,170 | 82,005 | ||||||
Gjensidige Forsikring ASA |
2,388 | 40,979 | ||||||
Kongsberg Gruppen ASA |
1,470 | 44,786 | ||||||
Orkla ASA |
6,002 | 43,622 | ||||||
Salmar ASA |
1,175 | 39,593 | ||||||
Telenor ASA(a) |
10,972 | 100,344 | ||||||
Yara International ASA |
1,535 | 53,992 | ||||||
|
|
|||||||
Total Norway |
|
521,400 | ||||||
Poland – 0.0% | ||||||||
Polski Koncern Naftowy Orlen SA |
1,691 | 18,331 | ||||||
Powszechny Zaklad Ubezpieczen SA |
4,599 | 21,566 | ||||||
|
|
|||||||
Total Poland |
|
39,897 | ||||||
Portugal – 0.2% | ||||||||
EDP – Energias de Portugal SA |
29,309 | 127,484 | ||||||
Galp Energia SGPS SA(a) |
7,215 | 69,437 | ||||||
|
|
|||||||
Total Portugal |
|
196,921 | ||||||
Russia – 0.0% | ||||||||
Evraz PLC† |
5,263 | 0 | ||||||
Magnit PJSC† |
448 | 0 | ||||||
Magnitogorsk Iron & Steel Works PJSC, GDR†(c) |
1,299 | 0 | ||||||
MMC Norilsk Nickel PJSC, ADR† |
650 | 0 | ||||||
Mobile TeleSystems PJSC, ADR† |
3,583 | 0 | ||||||
Novolipetsk Steel PJSC†(c) |
11,640 | 0 | ||||||
PhosAgro PJSC† |
251 | 0 | ||||||
Polyus PJSC† |
83 | 0 | ||||||
Sberbank of Russia PJSC, ADR*† |
13,206 | 0 | ||||||
Severstal PAO, GDR†(c) |
1,737 | 0 | ||||||
Tatneft PJSC, ADR† |
2,209 | 0 | ||||||
|
|
|||||||
Total Russia |
|
0 | ||||||
Singapore – 0.9% | ||||||||
DBS Group Holdings Ltd. |
9,514 | 221,390 | ||||||
Jardine Cycle & Carriage Ltd. |
700 | 16,484 | ||||||
Keppel Corp. Ltd. |
5,500 | 26,639 | ||||||
NetLink NBN Trust |
101,500 | 64,017 | ||||||
Olam Group Ltd. |
26,700 | 24,376 | ||||||
Oversea-Chinese Banking Corp. Ltd. |
20,613 | 169,943 | ||||||
Singapore Exchange Ltd. |
4,000 | 26,371 | ||||||
Singapore Technologies Engineering Ltd. |
16,900 | 42,165 | ||||||
Singapore Telecommunications Ltd. |
53,000 | 98,251 | ||||||
United Overseas Bank Ltd. |
8,113 | 147,910 | ||||||
Venture Corp. Ltd. |
800 | 9,160 | ||||||
|
|
|||||||
Total Singapore |
|
846,706 | ||||||
South Africa – 0.6% | ||||||||
Anglo American Platinum Ltd. |
389 | 27,883 | ||||||
Exxaro Resources Ltd.(a) |
3,669 | 41,325 | ||||||
FirstRand Ltd. |
32,921 | 111,260 | ||||||
Gold Fields Ltd. |
3,380 | 27,730 | ||||||
Impala Platinum Holdings Ltd. |
7,200 | 67,972 | ||||||
Kumba Iron Ore Ltd. |
613 | 13,228 | ||||||
MultiChoice Group |
3,449 | 22,192 | ||||||
Sanlam Ltd. |
8,524 | 24,468 | ||||||
Sibanye Stillwater Ltd.(a) |
25,571 | 59,771 | ||||||
SPAR Group Ltd. |
3,867 | 30,846 | ||||||
Standard Bank Group Ltd.(a) |
8,610 | 68,985 | ||||||
Vodacom Group Ltd. |
6,222 | 42,264 | ||||||
|
|
|||||||
Total South Africa |
|
537,924 | ||||||
South Korea – 1.4% | ||||||||
GS Holdings Corp. |
529 | 15,419 | ||||||
Hana Financial Group, Inc. |
1,362 | 33,748 | ||||||
KB Financial Group, Inc. |
1,705 | 52,078 | ||||||
KT&G Corp. |
1,472 | 89,100 | ||||||
LG Uplus Corp. |
1,457 | 10,948 | ||||||
Macquarie Korea Infrastructure Fund |
3,637 | 29,870 | ||||||
NH Investment & Securities Co. Ltd. |
1,796 | 11,285 | ||||||
POSCO Holdings, Inc. |
314 | 46,309 | ||||||
Samsung Electronics Co. Ltd. |
20,828 | 773,025 | ||||||
Samsung Fire & Marine Insurance Co. Ltd. |
127 | 16,333 | ||||||
Samsung Securities Co. Ltd. |
578 | 12,423 | ||||||
Shinhan Financial Group Co. Ltd. |
2,279 | 53,363 | ||||||
SK Telecom Co. Ltd. |
404 | 14,345 | ||||||
Woori Financial Group, Inc. |
11,620 | 86,904 | ||||||
|
|
|||||||
Total South Korea |
|
1,245,150 | ||||||
Spain – 0.7% | ||||||||
Acerinox SA |
3,916 | 31,450 | ||||||
Bankinter SA(a) |
3,312 | 18,708 | ||||||
Cia de Distribucion Integral Logista Holdings SA |
2,221 | 40,579 | ||||||
Enagas SA(a) |
2,707 | 42,006 | ||||||
Fomento de Construcciones y Contratas SA(a) |
1,587 | 12,889 | ||||||
Iberdrola SA(a) |
24,147 | 226,668 | ||||||
Mapfre SA(a) |
18,917 | 29,466 | ||||||
Naturgy Energy Group SA(a) |
6,024 | 140,041 | ||||||
Red Electrica Corp. SA |
3,493 | 53,758 | ||||||
Repsol SA |
6,444 | 74,523 | ||||||
|
|
|||||||
Total Spain |
|
670,088 | ||||||
Sweden – 0.5% | ||||||||
Axfood AB |
2,657 | 61,029 | ||||||
Castellum AB(a) |
1,284 | 14,480 | ||||||
Electrolux AB, Class B(a) |
2,698 | 28,255 | ||||||
Orron Energy AB(a) |
40,250 | 72,448 |
See Notes to Financial Statements.
68 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2022
Investments | Shares | Value | ||||||
Peab AB, Class B |
2,067 | $ | 9,955 | |||||
Skandinaviska Enskilda Banken AB, Class A |
8,653 | 83,275 | ||||||
Svenska Handelsbanken AB, Class A |
6,305 | 52,054 | ||||||
Tele2 AB, Class B(a) |
4,239 | 36,670 | ||||||
Telia Co. AB |
19,066 | 55,029 | ||||||
|
|
|||||||
Total Sweden |
|
413,195 | ||||||
Switzerland – 1.8% | ||||||||
Adecco Group AG, Registered Shares |
1,866 | 51,965 | ||||||
Baloise Holding AG, Registered Shares |
185 | 23,815 | ||||||
Banque Cantonale Vaudoise, Registered Shares |
739 | 70,352 | ||||||
Clariant AG, Registered Shares*(a) |
1,545 | 24,959 | ||||||
Helvetia Holding AG, Registered Shares |
442 | 41,719 | ||||||
Holcim AG* |
2,857 | 118,953 | ||||||
Novartis AG, Registered Shares |
8,224 | 631,098 | ||||||
PSP Swiss Property AG, Registered Shares |
220 | 22,129 | ||||||
Sulzer AG, Registered Shares |
519 | 30,188 | ||||||
Swiss Life Holding AG, Registered Shares |
123 | 54,799 | ||||||
Swiss Prime Site AG, Registered Shares |
299 | 23,999 | ||||||
Swisscom AG, Registered Shares |
274 | 129,031 | ||||||
Zurich Insurance Group AG |
960 | 385,268 | ||||||
|
|
|||||||
Total Switzerland |
|
1,608,275 | ||||||
Taiwan – 1.7% | ||||||||
Acer, Inc. |
39,000 | 26,902 | ||||||
ASE Technology Holding Co. Ltd. |
16,000 | 40,367 | ||||||
Asia Cement Corp. |
36,000 | 44,675 | ||||||
Asustek Computer, Inc. |
5,000 | 36,852 | ||||||
Catcher Technology Co. Ltd. |
6,000 | 32,599 | ||||||
Cathay Financial Holding Co. Ltd. |
48,000 | 60,399 | ||||||
Chicony Electronics Co. Ltd. |
8,000 | 20,763 | ||||||
China Development Financial Holding Corp. |
86,000 | 32,505 | ||||||
Chunghwa Telecom Co. Ltd. |
26,000 | 93,357 | ||||||
Compal Electronics, Inc. |
36,000 | 24,605 | ||||||
CTBC Financial Holding Co. Ltd. |
124,480 | 77,827 | ||||||
Far Eastern New Century Corp. |
10,000 | 10,189 | ||||||
Far EasTone Telecommunications Co. Ltd. |
10,000 | 22,804 | ||||||
First Financial Holding Co. Ltd. |
53,040 | 43,436 | ||||||
Fubon Financial Holding Co. Ltd. |
44,888 | 70,551 | ||||||
Hon Hai Precision Industry Co. Ltd. |
44,000 | 141,359 | ||||||
Inventec Corp. |
34,000 | 24,524 | ||||||
Lite-On Technology Corp. |
35,000 | 70,333 | ||||||
MediaTek, Inc. |
7,000 | 121,484 | ||||||
Mega Financial Holding Co. Ltd. |
56,314 | 55,252 | ||||||
Novatek Microelectronics Corp. |
2,000 | 13,796 | ||||||
Pegatron Corp. |
12,680 | 23,364 | ||||||
Powertech Technology, Inc. |
7,000 | 16,999 | ||||||
Quanta Computer, Inc. |
34,210 | 82,969 | ||||||
Shanghai Commercial & Savings Bank Ltd. |
27,000 | 41,841 | ||||||
Shin Kong Financial Holding Co. Ltd. |
53,000 | 13,705 | ||||||
SinoPac Financial Holdings Co. Ltd. |
87,424 | 47,637 | ||||||
Synnex Technology International Corp. |
34,000 | 56,543 | ||||||
Taiwan Cement Corp. |
42,732 | 45,492 | ||||||
Taiwan Mobile Co. Ltd. |
7,000 | 21,078 | ||||||
Uni-President Enterprises Corp. |
35,000 | 74,191 | ||||||
Wistron Corp. |
33,000 | 27,596 | ||||||
WPG Holdings Ltd. |
11,000 | 16,093 | ||||||
Yuanta Financial Holding Co. Ltd. |
83,430 | 51,373 | ||||||
|
|
|||||||
Total Taiwan |
|
1,583,460 | ||||||
Thailand – 0.2% | ||||||||
Land & Houses PCL, NVDR |
213,400 | 50,352 | ||||||
PTT Exploration & Production PCL, NVDR |
21,500 | 91,483 | ||||||
PTT PCL, NVDR |
31,300 | 28,213 | ||||||
Siam Cement PCL, NVDR |
700 | 6,050 | ||||||
Tisco Financial Group PCL, NVDR |
18,100 | 44,506 | ||||||
|
|
|||||||
Total Thailand |
|
220,604 | ||||||
Turkey – 0.2% | ||||||||
BIM Birlesik Magazalar AS |
11,556 | 72,121 | ||||||
Eregli Demir ve Celik Fabrikalari TAS |
24,132 | 37,724 | ||||||
Turkcell Iletisim Hizmetleri AS |
27,425 | 29,321 | ||||||
|
|
|||||||
Total Turkey |
|
139,166 | ||||||
United Kingdom – 3.2% | ||||||||
Abrdn PLC |
20,502 | 31,835 | ||||||
Admiral Group PLC |
3,021 | 64,564 | ||||||
Anglo American PLC |
7,031 | 214,701 | ||||||
Antofagasta PLC |
3,146 | 39,175 | ||||||
Aviva PLC |
12,904 | 55,919 | ||||||
BAE Systems PLC |
16,216 | 142,969 | ||||||
Barratt Developments PLC |
8,174 | 31,225 | ||||||
BP PLC |
75,543 | 365,227 | ||||||
Direct Line Insurance Group PLC |
10,242 | 21,209 | ||||||
Ferrexpo PLC |
23,908 | 32,453 | ||||||
Hargreaves Lansdown PLC(a) |
1,540 | 14,908 | ||||||
HSBC Holdings PLC |
62,473 | 325,888 | ||||||
Imperial Brands PLC |
10,489 | 217,200 | ||||||
J. Sainsbury PLC |
7,731 | 15,042 | ||||||
Kingfisher PLC |
7,535 | 18,539 | ||||||
Land Securities Group PLC |
3,652 | 21,272 | ||||||
Legal & General Group PLC |
31,525 | 76,189 | ||||||
National Grid PLC |
18,578 | 193,077 | ||||||
Schroders PLC |
6,705 | 29,138 | ||||||
Severn Trent PLC |
1,109 | 29,154 | ||||||
Shell PLC |
11,644 | 292,004 | ||||||
SSE PLC |
8,109 | 138,270 | ||||||
St. James’s Place PLC |
2,023 | 23,396 | ||||||
Tate & Lyle PLC |
3,395 | 25,771 | ||||||
Taylor Wimpey PLC |
33,675 | 33,193 | ||||||
Tesco PLC |
27,570 | 63,646 | ||||||
Unilever PLC |
8,179 | 362,378 | ||||||
United Utilities Group PLC |
4,368 | 43,338 | ||||||
|
|
|||||||
Total United Kingdom |
|
2,921,680 | ||||||
United States – 58.8% | ||||||||
3M Co. |
6,592 | 728,416 | ||||||
AbbVie, Inc. |
20,070 | 2,693,595 | ||||||
Agree Realty Corp. |
450 | 30,411 |
See Notes to Financial Statements.
WisdomTree Trust | 69 |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2022
Investments | Shares | Value | ||||||
ALLETE, Inc. |
357 | $ | 17,868 | |||||
Alliant Energy Corp. |
1,742 | 92,309 | ||||||
Altria Group, Inc. |
31,715 | 1,280,652 | ||||||
Ameren Corp. |
1,617 | 130,249 | ||||||
American Electric Power Co., Inc. |
4,033 | 348,653 | ||||||
American Financial Group, Inc. |
1,156 | 142,107 | ||||||
Americold Realty Trust, Inc. |
1,882 | 46,297 | ||||||
Amgen, Inc. |
4,425 | 997,395 | ||||||
Antero Midstream Corp. |
9,852 | 90,441 | ||||||
Apartment Income REIT Corp. |
974 | 37,616 | ||||||
Apollo Global Management, Inc. |
1,800 | 83,700 | ||||||
Artisan Partners Asset Management, Inc., Class A |
1,371 | 36,921 | ||||||
Associated Banc-Corp. |
709 | 14,237 | ||||||
Atlantic Union Bankshares Corp. |
264 | 8,020 | ||||||
Atmos Energy Corp. |
792 | 80,665 | ||||||
AvalonBay Communities, Inc. |
1,329 | 244,789 | ||||||
Avangrid, Inc.(a) |
3,128 | 130,438 | ||||||
Avista Corp. |
485 | 17,969 | ||||||
Baker Hughes Co. |
4,000 | 83,840 | ||||||
Bank of Hawaii Corp. |
187 | 14,234 | ||||||
Bank of New York Mellon Corp. |
3,710 | 142,909 | ||||||
Bank OZK |
889 | 35,169 | ||||||
Black Hills Corp. |
404 | 27,363 | ||||||
Blackstone, Inc. |
6,267 | 524,548 | ||||||
Boston Properties, Inc. |
1,107 | 82,992 | ||||||
Brandywine Realty Trust |
2,055 | 13,871 | ||||||
Bristol-Myers Squibb Co. |
17,586 | 1,250,189 | ||||||
Brixmor Property Group, Inc. |
4,010 | 74,065 | ||||||
Broadcom, Inc. |
2,854 | 1,267,205 | ||||||
Broadstone Net Lease, Inc. |
2,285 | 35,486 | ||||||
Cabot Corp. |
255 | 16,292 | ||||||
Campbell Soup Co. |
2,220 | 104,606 | ||||||
Cardinal Health, Inc. |
2,593 | 172,901 | ||||||
Cathay General Bancorp |
360 | 13,846 | ||||||
CenterPoint Energy, Inc. |
3,756 | 105,844 | ||||||
Chemours Co. |
953 | 23,491 | ||||||
Cisco Systems, Inc. |
40,433 | 1,617,320 | ||||||
Citigroup, Inc. |
13,228 | 551,211 | ||||||
Citizens Financial Group, Inc. |
4,249 | 145,996 | ||||||
Clearway Energy, Inc., Class C |
796 | 25,353 | ||||||
Clorox Co. |
710 | 91,157 | ||||||
CME Group, Inc. |
2,360 | 418,027 | ||||||
CMS Energy Corp. |
2,528 | 147,231 | ||||||
CNA Financial Corp. |
2,129 | 78,560 | ||||||
Coca-Cola Co. |
47,030 | 2,634,621 | ||||||
Cogent Communications Holdings, Inc. |
482 | 25,141 | ||||||
Cohen & Steers, Inc. |
402 | 25,177 | ||||||
Columbia Banking System, Inc. |
225 | 6,500 | ||||||
Comerica, Inc. |
1,055 | 75,011 | ||||||
Compass Minerals International, Inc. |
75 | 2,890 | ||||||
Conagra Brands, Inc. |
3,610 | 117,794 | ||||||
ConocoPhillips |
7,024 | 718,836 | ||||||
Consolidated Edison, Inc. |
3,395 | 291,155 | ||||||
Corporate Office Properties Trust |
1,221 | 28,364 | ||||||
Cousins Properties, Inc. |
1,149 | 26,829 | ||||||
Crown Castle International Corp. |
4,717 | 681,842 | ||||||
CubeSmart |
1,970 | 78,918 | ||||||
Cullen/Frost Bankers, Inc. |
277 | 36,625 | ||||||
CVB Financial Corp. |
436 | 11,040 | ||||||
Devon Energy Corp. |
7,513 | 451,757 | ||||||
Digital Realty Trust, Inc. |
2,057 | 204,013 | ||||||
Dominion Energy, Inc. |
9,715 | 671,404 | ||||||
Douglas Emmett, Inc. |
908 | 16,280 | ||||||
DTE Energy Co. |
1,523 | 175,221 | ||||||
Duke Energy Corp. |
10,274 | 955,687 | ||||||
Eastman Chemical Co. |
627 | 44,548 | ||||||
Energizer Holdings, Inc. |
578 | 14,531 | ||||||
Entergy Corp. |
1,498 | 150,744 | ||||||
Equitrans Midstream Corp. |
5,771 | 43,167 | ||||||
Equity Commonwealth |
2,084 | 50,766 | ||||||
Equity Residential |
2,340 | 157,295 | ||||||
Essential Properties Realty Trust, Inc. |
1,047 | 20,364 | ||||||
Essex Property Trust, Inc. |
344 | 83,327 | ||||||
Evergy, Inc. |
2,519 | 149,629 | ||||||
Eversource Energy |
2,068 | 161,221 | ||||||
Exelon Corp. |
7,262 | 272,035 | ||||||
Extra Space Storage, Inc. |
1,062 | 183,418 | ||||||
Federal Realty Investment Trust |
653 | 58,848 | ||||||
Federated Hermes, Inc. |
479 | 15,864 | ||||||
Fidelity National Financial, Inc. |
2,759 | 99,876 | ||||||
Fifth Third Bancorp |
4,193 | 134,008 | ||||||
First American Financial Corp. |
727 | 33,515 | ||||||
First Financial Bancorp |
470 | 9,908 | ||||||
First Hawaiian, Inc. |
670 | 16,502 | ||||||
First Horizon Corp. |
5,961 | 136,507 | ||||||
FirstEnergy Corp. |
7,930 | 293,410 | ||||||
Flowers Foods, Inc. |
2,185 | 53,948 | ||||||
FNB Corp. |
2,364 | 27,422 | ||||||
Four Corners Property Trust, Inc. |
907 | 21,940 | ||||||
Franklin Resources, Inc. |
4,665 | 100,391 | ||||||
Fulton Financial Corp. |
728 | 11,502 | ||||||
Gaming and Leisure Properties, Inc. |
4,107 | 181,694 | ||||||
General Mills, Inc. |
4,339 | 332,411 | ||||||
Genuine Parts Co. |
883 | 131,850 | ||||||
Gilead Sciences, Inc. |
18,438 | 1,137,440 | ||||||
Glacier Bancorp, Inc. |
384 | 18,866 | ||||||
GSK PLC |
19,515 | 284,463 | ||||||
H&R Block, Inc. |
1,875 | 79,762 | ||||||
Hanesbrands, Inc.(a) |
3,118 | 21,701 | ||||||
Hasbro, Inc. |
1,011 | 68,162 | ||||||
Hawaiian Electric Industries, Inc. |
1,110 | 38,473 | ||||||
Healthcare Realty Trust, Inc., Class A |
1,739 | 36,258 | ||||||
Healthpeak Properties, Inc. |
4,282 | 98,143 | ||||||
Helmerich & Payne, Inc. |
541 | 20,001 | ||||||
Hewlett Packard Enterprise Co. |
8,384 | 100,440 | ||||||
Highwoods Properties, Inc. |
1,269 | 34,212 | ||||||
HP, Inc. |
7,547 | 188,071 |
See Notes to Financial Statements.
70 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2022
Investments | Shares | Value | ||||||
Hudson Pacific Properties, Inc. |
1,427 | $ | 15,626 | |||||
IDACORP, Inc. |
428 | 42,376 | ||||||
Ingredion, Inc. |
197 | 15,862 | ||||||
International Bancshares Corp. |
426 | 18,105 | ||||||
International Business Machines Corp. |
9,624 | 1,143,427 | ||||||
International Paper Co. |
2,857 | 90,567 | ||||||
Interpublic Group of Cos., Inc. |
3,323 | 85,069 | ||||||
Iron Mountain, Inc. |
5,685 | 249,969 | ||||||
J.M. Smucker Co. |
515 | 70,766 | ||||||
JBG SMITH Properties |
518 | 9,624 | ||||||
John Wiley & Sons, Inc., Class A |
175 | 6,573 | ||||||
Juniper Networks, Inc. |
1,843 | 48,139 | ||||||
Kellogg Co. |
2,046 | 142,524 | ||||||
Kennedy-Wilson Holdings, Inc. |
846 | 13,079 | ||||||
KeyCorp |
7,353 | 117,795 | ||||||
Kilroy Realty Corp. |
1,226 | 51,627 | ||||||
Kimberly-Clark Corp. |
2,236 | 251,639 | ||||||
Kimco Realty Corp. |
6,166 | 113,516 | ||||||
Kinder Morgan, Inc. |
45,570 | 758,285 | ||||||
Kontoor Brands, Inc. |
709 | 23,829 | ||||||
Kraft Heinz Co. |
12,202 | 406,937 | ||||||
Lamar Advertising Co., Class A |
791 | 65,250 | ||||||
Leggett & Platt, Inc. |
858 | 28,503 | ||||||
Life Storage, Inc. |
713 | 78,972 | ||||||
Lockheed Martin Corp. |
1,838 | 710,001 | ||||||
LXP Industrial Trust |
3,084 | 28,249 | ||||||
M&T Bank Corp. |
1,334 | 235,211 | ||||||
Macerich Co. |
1,799 | 14,284 | ||||||
Marathon Petroleum Corp. |
5,289 | 525,356 | ||||||
MDC Holdings, Inc. |
575 | 15,767 | ||||||
MDU Resources Group, Inc. |
1,165 | 31,863 | ||||||
Merck & Co., Inc. |
19,381 | 1,669,092 | ||||||
Mercury General Corp. |
298 | 8,469 | ||||||
MetLife, Inc. |
5,068 | 308,033 | ||||||
Moelis & Co., Class A |
707 | 23,904 | ||||||
MSC Industrial Direct Co., Inc., Class A |
169 | 12,305 | ||||||
National Fuel Gas Co. |
906 | 55,764 | ||||||
National Instruments Corp. |
473 | 17,851 | ||||||
National Retail Properties, Inc. |
2,657 | 105,908 | ||||||
National Storage Affiliates Trust |
873 | 36,299 | ||||||
Navient Corp. |
968 | 14,220 | ||||||
New Jersey Resources Corp. |
653 | 25,271 | ||||||
New York Community Bancorp, Inc.(a) |
2,986 | 25,471 | ||||||
Newell Brands, Inc. |
4,248 | 59,005 | ||||||
Newmont Corp. |
6,000 | 252,180 | ||||||
NiSource, Inc. |
2,763 | 69,600 | ||||||
Northern Trust Corp. |
1,047 | 89,581 | ||||||
NorthWestern Corp. |
377 | 18,579 | ||||||
NRG Energy, Inc. |
1,260 | 48,220 | ||||||
Nu Skin Enterprises, Inc., Class A |
229 | 7,642 | ||||||
OGE Energy Corp. |
2,023 | 73,759 | ||||||
Old National Bancorp |
316 | 5,205 | ||||||
Old Republic International Corp. |
1,806 | 37,800 | ||||||
Omnicom Group, Inc. |
1,038 | 65,487 | ||||||
ONE Gas, Inc. |
198 | 13,937 | ||||||
OneMain Holdings, Inc. |
4,883 | 144,146 | ||||||
ONEOK, Inc. |
9,424 | 482,886 | ||||||
Otter Tail Corp. |
192 | 11,812 | ||||||
PACCAR, Inc. |
1,653 | 138,340 | ||||||
Pacific Premier Bancorp, Inc. |
335 | 10,372 | ||||||
Packaging Corp. of America |
381 | 42,782 | ||||||
Patterson Cos., Inc. |
442 | 10,617 | ||||||
PepsiCo, Inc. |
12,833 | 2,095,116 | ||||||
Pfizer, Inc. |
49,545 | 2,168,089 | ||||||
Philip Morris International, Inc. |
28,006 | 2,324,778 | ||||||
Physicians Realty Trust |
1,718 | 25,839 | ||||||
Piedmont Office Realty Trust, Inc., Class A |
569 | 6,009 | ||||||
Pinnacle West Capital Corp. |
1,357 | 87,540 | ||||||
PNC Financial Services Group, Inc. |
2,304 | 344,264 | ||||||
PNM Resources, Inc. |
496 | 22,682 | ||||||
PotlatchDeltic Corp. |
752 | 30,862 | ||||||
PPL Corp. |
10,257 | 260,015 | ||||||
Principal Financial Group, Inc. |
2,197 | 158,514 | ||||||
Progressive Corp. |
6,902 | 802,081 | ||||||
Prosperity Bancshares, Inc. |
444 | 29,606 | ||||||
Prudential Financial, Inc. |
3,613 | 309,923 | ||||||
Public Service Enterprise Group, Inc. |
4,030 | 226,607 | ||||||
Public Storage |
1,562 | 457,369 | ||||||
Rayonier, Inc. |
1,033 | 30,959 | ||||||
Realty Income Corp. |
4,942 | 287,624 | ||||||
Regal Rexnord Corp. |
607 | 85,199 | ||||||
Regency Centers Corp. |
1,391 | 74,905 | ||||||
Regions Financial Corp. |
6,524 | 130,937 | ||||||
Reynolds Consumer Products, Inc.(a) |
1,339 | 34,827 | ||||||
Ryder System, Inc. |
537 | 40,538 | ||||||
Sandy Spring Bancorp, Inc. |
271 | 9,555 | ||||||
Sempra Energy |
2,556 | 383,247 | ||||||
Simon Property Group, Inc. |
3,165 | 284,059 | ||||||
SL Green Realty Corp.(a) |
906 | 36,385 | ||||||
Sonoco Products Co. |
390 | 22,125 | ||||||
South Jersey Industries, Inc. |
961 | 32,117 | ||||||
Southern Co. |
15,623 | 1,062,364 | ||||||
Southwest Gas Holdings, Inc.* |
426 | 29,714 | ||||||
Spire, Inc. |
391 | 24,371 | ||||||
Spirit Realty Capital, Inc. |
2,278 | 82,372 | ||||||
STAG Industrial, Inc. |
2,026 | 57,599 | ||||||
STORE Capital Corp. |
2,516 | 78,826 | ||||||
Synovus Financial Corp. |
1,236 | 46,362 | ||||||
Telephone and Data Systems, Inc. |
1,015 | 14,109 | ||||||
TFS Financial Corp. |
2,981 | 38,753 | ||||||
Trinity Industries, Inc. |
760 | 16,226 | ||||||
Truist Financial Corp. |
9,082 | 395,430 | ||||||
U.S. Bancorp |
9,354 | 377,153 | ||||||
UDR, Inc. |
1,618 | 67,487 | ||||||
UGI Corp. |
2,334 | 75,458 | ||||||
Umpqua Holdings Corp. |
2,744 | 46,895 | ||||||
United Bankshares, Inc. |
1,521 | 54,376 | ||||||
Uniti Group, Inc. |
2,447 | 17,007 |
See Notes to Financial Statements.
WisdomTree Trust | 71 |
Schedule of Investments (unaudited) (continued)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2022
Investments | Shares | Value | ||||||
Unum Group |
1,528 | $ | 59,286 | |||||
Valley National Bancorp |
2,213 | 23,900 | ||||||
Ventas, Inc. |
3,048 | 122,438 | ||||||
Verizon Communications, Inc. |
47,310 | 1,796,361 | ||||||
VF Corp. |
2,522 | 75,433 | ||||||
VICI Properties, Inc. |
9,531 | 284,500 | ||||||
Virtu Financial, Inc., Class A |
83 | 1,724 | ||||||
W.P. Carey, Inc.(a) |
3,423 | 238,925 | ||||||
Washington Real Estate Investment Trust |
358 | 6,286 | ||||||
Watsco, Inc.(a) |
317 | 81,615 | ||||||
Webster Financial Corp. |
660 | 29,832 | ||||||
WEC Energy Group, Inc. |
3,403 | 304,330 | ||||||
Welltower, Inc. |
2,922 | 187,943 | ||||||
WesBanco, Inc. |
279 | 9,310 | ||||||
Western Union Co. |
3,948 | 53,298 | ||||||
Williams Cos., Inc. |
15,204 | 435,291 | ||||||
Xcel Energy, Inc. |
3,111 | 199,104 | ||||||
Xerox Holdings Corp. |
2,159 | 28,239 | ||||||
|
|
|||||||
Total United States | 53,185,607 | |||||||
TOTAL COMMON STOCKS (Cost: $98,611,750) |
89,626,596 | |||||||
RIGHTS – 0.0% | ||||||||
Australia – 0.0% | ||||||||
Atlas Arteria Ltd., expiring 10/6/22 |
||||||||
(Cost: $0) | 5,263 | 0 | ||||||
EXCHANGE-TRADED FUND – 0.6% |
| |||||||
United States – 0.6% | ||||||||
WisdomTree International High Dividend Fund(a)(d) |
||||||||
(Cost: $507,747) | 16,350 | 495,569 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.7% |
| |||||||
United States – 5.7% | ||||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(e) |
||||||||
(Cost: $5,165,421) | 5,165,421 | 5,165,421 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 105.3% (Cost: $104,284,918) |
95,287,586 | |||||||
Other Assets less Liabilities – (5.3)% |
(4,784,964 | ) | ||||||
|
|
|||||||
NET ASSETS – 100.0% | $ | 90,502,622 |
* |
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, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $6,500,044 and the total market value of the collateral held by the Fund was $6,930,718. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,765,297. |
(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, 2022. |
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, 2022 were as follows:
Affiliate | Value at 3/31/2022 |
Purchases/ Additions |
Sales/ Reductions |
Realized Gain/ (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Value at 9/30/2022 |
Dividend Income |
|||||||||||||||||||||
WisdomTree International High Dividend Fund |
$ | 2,943 | $ | 1,234,457 | $ | 662,890 | $ | (66,594 | ) | $ | (12,347 | ) | $ | 495,569 | $ | 12,661 | ||||||||||||
WisdomTree U.S. High Dividend Fund^ |
969 | 289,309 | 272,153 | (18,007 | ) | (118 | ) | — | 1,342 | |||||||||||||||||||
Total |
$ | 3,912 | $ | 1,523,766 | $ | 935,043 | $ | (84,601 | ) | $ | (12,465 | ) | $ | 495,569 | $ | 14,003 |
^ |
As of September 30,2022, the Fund did not hold a position in this affiliate. |
See Notes to Financial Statements.
72 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Global High Dividend Fund (DEW)
September 30, 2022
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
Quoted Prices in Active Markets (Level 1) |
Other Significant Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Total | |||||||||||||
Assets: |
|
|||||||||||||||
Investments in Securities |
||||||||||||||||
Common Stocks |
||||||||||||||||
Russia |
$ | — | $ | — | $ | 0 | * | $ | 0 | |||||||
Other* |
89,626,596 | — | — | 89,626,596 | ||||||||||||
Rights |
— | 0 | — | 0 | ||||||||||||
Exchange-Traded Fund |
495,569 | — | — | 495,569 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 5,165,421 | — | 5,165,421 | ||||||||||||
Total Investments in Securities |
$ | 90,122,165 | $ | 5,165,421 | $ | 0 | $ | 95,287,586 |
* |
Securities are being fair valued using significant unobservable inputs by the Pricing Committee. |
See Notes to Financial Statements.
WisdomTree Trust | 73 |
Schedule of Investments (unaudited)
WisdomTree Growth Leaders Fund (PLAT)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.8% |
| |||||||
Argentina – 1.2% |
| |||||||
MercadoLibre, Inc.* |
133 | $ | 110,095 | |||||
China – 4.7% |
| |||||||
Alibaba Group Holding Ltd., ADR* |
1,943 | 155,420 | ||||||
Bilibili, Inc., Class Z* |
3,900 | 59,420 | ||||||
JD Health International, Inc.*(a) |
15,250 | 87,616 | ||||||
Meituan, Class B*(a) |
6,200 | 130,794 | ||||||
|
|
|||||||
Total China |
|
433,250 | ||||||
France – 0.8% |
| |||||||
Adevinta ASA* |
12,044 | 71,840 | ||||||
Germany – 0.9% |
| |||||||
Delivery Hero SE*(a) |
2,184 | 81,175 | ||||||
Israel – 0.7% |
| |||||||
Fiverr International Ltd.*(b) |
2,182 | 66,747 | ||||||
Netherlands – 0.7% |
| |||||||
Just Eat Takeaway.com NV*(a)(b) |
3,741 | 59,283 | ||||||
Poland – 0.8% |
| |||||||
Allegro.eu SA*(a) |
17,053 | 74,389 | ||||||
United Kingdom – 1.9% |
| |||||||
Farfetch Ltd., Class A* |
10,259 | 76,429 | ||||||
London Stock Exchange Group PLC |
1,176 | 100,138 | ||||||
|
|
|||||||
Total United Kingdom |
|
176,567 | ||||||
United States – 88.1% |
| |||||||
ACV Auctions, Inc., Class A* |
13,276 | 95,454 | ||||||
Airbnb, Inc., Class A* |
1,253 | 131,615 | ||||||
Alphabet, Inc., Class A* |
8,440 | 807,286 | ||||||
Amazon.com, Inc.* |
6,623 | 748,399 | ||||||
Angi, Inc.* |
20,507 | 60,496 | ||||||
Appian Corp.*(b) |
2,327 | 95,011 | ||||||
Apple, Inc. |
6,741 | 931,606 | ||||||
Bumble, Inc., Class A* |
3,425 | 73,603 | ||||||
Cargurus, Inc.* |
4,340 | 61,498 | ||||||
Cboe Global Markets, Inc. |
1,032 | 121,126 | ||||||
Chegg, Inc.* |
5,480 | 115,464 | ||||||
CoStar Group, Inc.* |
2,053 | 142,992 | ||||||
Coupa Software, Inc.* |
1,618 | 95,138 | ||||||
Coursera, Inc.* |
6,787 | 73,164 | ||||||
DoorDash, Inc., Class A* |
1,706 | 84,362 | ||||||
Dropbox, Inc., Class A* |
5,114 | 105,962 | ||||||
Etsy, Inc.* |
1,430 | 143,186 | ||||||
GoodRx Holdings, Inc., Class A*(b) |
15,211 | 71,035 | ||||||
IAA, Inc.* |
3,016 | 96,060 | ||||||
Intercontinental Exchange, Inc. |
1,465 | 132,363 | ||||||
Lyft, Inc. , Class A* |
6,768 | 89,135 | ||||||
MarketAxess Holdings, Inc. |
413 | 91,888 | ||||||
MasterCard, Inc., Class A |
904 | 257,043 | ||||||
Match Group, Inc.* |
1,491 | 71,195 | ||||||
Meta Platforms, Inc., Class A* |
2,416 | 327,803 | ||||||
Microsoft Corp. |
3,690 | 859,401 | ||||||
Nasdaq, Inc. |
2,367 | 134,162 | ||||||
PayPal Holdings, Inc.* |
1,968 | 169,386 | ||||||
Pinterest, Inc., Class A* |
6,108 | 142,316 | ||||||
Redfin Corp.*(b) |
10,886 | 63,574 | ||||||
ROBLOX Corp., Class A* |
3,667 | 131,425 | ||||||
Roku, Inc.* |
1,356 | 76,478 | ||||||
Salesforce, Inc.* |
1,194 | 171,745 | ||||||
Snap, Inc., Class A* |
8,354 | 82,036 | ||||||
Snowflake, Inc., Class A* |
999 | 169,790 | ||||||
Teladoc Health, Inc.*(b) |
3,360 | 85,176 | ||||||
Tradeweb Markets, Inc., Class A |
1,744 | 98,397 | ||||||
Twitter, Inc.* |
3,290 | 144,234 | ||||||
Uber Technologies, Inc.* |
5,524 | 146,386 | ||||||
Upstart Holdings, Inc.*(b) |
2,470 | 51,351 | ||||||
Upwork, Inc.* |
6,140 | 83,627 | ||||||
Visa, Inc., Class A |
1,948 | 346,062 | ||||||
Zillow Group, Inc., Class A* |
2,950 | 84,459 | ||||||
|
|
|||||||
Total United States |
|
8,062,889 | ||||||
TOTAL COMMON STOCKS (Cost: $14,540,422) |
|
9,136,235 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.5% |
| |||||||
United States – 1.5% |
| |||||||
State
Street Navigator Securities Lending |
||||||||
(Cost: $135,368) | 135,368 | 135,368 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 101.3% (Cost: $14,675,790) |
|
9,271,603 | ||||||
Other Assets less Liabilities – (1.3)% |
|
(120,472 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 9,151,131 |
* |
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, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $429,518 and the total market value of the collateral held by the Fund was $447,589. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $312,221. |
(c) |
Rate shown represents annualized 7-day yield as of September 30, 2022. |
See Notes to Financial Statements.
74 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree Growth Leaders Fund (PLAT)
September 30, 2022
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 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 |
$ | 9,136,235 | $ | — | $ | — | $ | 9,136,235 | ||||||||
Investment of Cash Collateral for Securities Loaned |
— | 135,368 | — | 135,368 | ||||||||||||
Total Investments in Securities |
$ | 9,136,235 | $ | 135,368 | $ | — | $ | 9,271,603 |
See Notes to Financial Statements.
WisdomTree Trust | 75 |
Schedule of Investments (unaudited)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 102.5% |
| |||||||
India – 102.5% |
| |||||||
Aerospace & Defense – 0.8% |
| |||||||
Bharat Dynamics Ltd. |
39,261 | $ | 422,164 | |||||
Bharat Electronics Ltd. |
2,599,971 | 3,226,343 | ||||||
Hindustan Aeronautics Ltd. |
52,229 | 1,505,437 | ||||||
Mazagon Dock Shipbuilders Ltd. |
30,999 | 188,030 | ||||||
|
|
|||||||
Total Aerospace & Defense |
|
5,341,974 | ||||||
Air Freight & Logistics – 0.1% |
| |||||||
Allcargo Logistics Ltd. |
25,848 | 130,906 | ||||||
TCI Express Ltd. |
5,347 | 121,425 | ||||||
Transport Corp. of India Ltd. |
7,206 | 67,909 | ||||||
|
|
|||||||
Total Air Freight & Logistics |
|
320,240 | ||||||
Auto Components – 1.3% |
| |||||||
Apollo Tyres Ltd. |
129,984 | 445,310 | ||||||
Balkrishna Industries Ltd. |
41,688 | 965,266 | ||||||
Bharat Forge Ltd. |
536 | 4,582 | ||||||
Bosch Ltd. |
480 | 93,313 | ||||||
Ceat Ltd. |
1,793 | 34,682 | ||||||
Endurance Technologies Ltd.(a) |
16,655 | 291,525 | ||||||
Exide Industries Ltd. |
1,903,786 | 3,672,952 | ||||||
Gabriel India Ltd. |
48 | 91 | ||||||
JK Tyre & Industries Ltd. |
368,690 | 753,911 | ||||||
Motherson Sumi Wiring India Ltd. |
572,397 | 615,660 | ||||||
Samvardhana Motherson International Ltd. |
474,826 | 636,204 | ||||||
Steel Strips Wheels Ltd. |
3,675 | 36,038 | ||||||
Sundram Fasteners Ltd. |
19,536 | 218,291 | ||||||
Suprajit Engineering Ltd. |
189 | 794 | ||||||
Tube Investments of India Ltd. |
33,917 | 1,144,176 | ||||||
UNO Minda Ltd. |
18,734 | 128,753 | ||||||
|
|
|||||||
Total Auto Components |
|
9,041,548 | ||||||
Automobiles – 3.2% |
| |||||||
Bajaj Auto Ltd. |
70,358 | 3,051,034 | ||||||
Eicher Motors Ltd. |
55,337 | 2,497,507 | ||||||
Hero MotoCorp Ltd. |
95,179 | 2,982,503 | ||||||
Mahindra & Mahindra Ltd. |
510,202 | 7,953,635 | ||||||
Maruti Suzuki India Ltd. |
37,921 | 4,115,146 | ||||||
TVS Motor Co. Ltd. |
88,335 | 1,120,866 | ||||||
|
|
|||||||
Total Automobiles |
|
21,720,691 | ||||||
Banks – 14.6% |
| |||||||
AU Small Finance Bank Ltd.(a) |
131,748 | 1,002,792 | ||||||
Axis Bank Ltd. |
2,006,955 | 18,088,221 | ||||||
Bandhan Bank Ltd.*(a) |
32,179 | 105,455 | ||||||
Bank of Baroda |
1,479,401 | 2,407,740 | ||||||
Bank of India |
6,759 | 4,005 | ||||||
Bank of Maharashtra |
7,164 | 1,568 | ||||||
Canara Bank |
726,741 | 2,043,509 | ||||||
Central Bank of India Ltd.* |
1,123,869 | 277,682 | ||||||
City Union Bank Ltd. |
327,078 | 699,980 | ||||||
CSB Bank Ltd.* |
213 | 583 | ||||||
DCB Bank Ltd. |
196,678 | 248,533 | ||||||
Equitas Small Finance Bank Ltd.*(a) |
414 | 254 | ||||||
Federal Bank Ltd. |
2,802,692 | 4,091,144 | ||||||
ICICI Bank Ltd. |
3,065,581 | 32,482,978 | ||||||
IDBI Bank Ltd.* |
522,693 | 265,037 | ||||||
IDFC First Bank Ltd.* |
10,034 | 6,149 | ||||||
Indian Bank |
871,391 | 2,108,552 | ||||||
Indian Overseas Bank* |
1,108 | 238 | ||||||
IndusInd Bank Ltd. |
480,110 | 6,994,685 | ||||||
Jammu & Kashmir Bank Ltd.* |
7,425 | 2,528 | ||||||
Karnataka Bank Ltd. |
757,286 | 730,744 | ||||||
Karur Vysya Bank Ltd. |
1,247,380 | 1,249,661 | ||||||
Kotak Mahindra Bank Ltd. |
504,518 | 11,282,176 | ||||||
Punjab National Bank |
2,601,827 | 1,168,965 | ||||||
South Indian Bank Ltd.* |
18,742 | 2,189 | ||||||
State Bank of India |
1,911,134 | 12,465,054 | ||||||
UCO Bank* |
344,771 | 50,433 | ||||||
Union Bank of India Ltd. |
3,542,201 | 1,944,153 | ||||||
Yes Bank Ltd.*(b) |
3,906,791 | 751,571 | ||||||
|
|
|||||||
Total Banks |
|
100,476,579 | ||||||
Beverages – 0.3% |
| |||||||
Globus Spirits Ltd. |
18,072 | 189,948 | ||||||
Radico Khaitan Ltd. |
49,989 | 642,012 | ||||||
United Spirits Ltd.* |
55,560 | 575,261 | ||||||
Varun Beverages Ltd. |
48,326 | 620,298 | ||||||
|
|
|||||||
Total Beverages |
|
2,027,519 | ||||||
Biotechnology – 0.1% |
| |||||||
Biocon Ltd. |
150,825 | 539,420 | ||||||
Building Products – 0.2% |
| |||||||
Astral Ltd. |
14,967 | 410,726 | ||||||
Blue Star Ltd. |
23,240 | 314,428 | ||||||
Kajaria Ceramics Ltd. |
9,595 | 141,582 | ||||||
Prince Pipes & Fittings Ltd. |
19,181 | 136,328 | ||||||
|
|
|||||||
Total Building Products |
|
1,003,064 | ||||||
Capital Markets – 0.6% |
| |||||||
Aditya Birla Sun Life Asset Management Co. Ltd. |
39,749 | 222,317 | ||||||
Anand Rathi Wealth Ltd. |
6,890 | 55,559 | ||||||
Angel One Ltd. |
10,478 | 175,425 | ||||||
CRISIL Ltd. |
7,811 | 313,458 | ||||||
HDFC Asset Management Co. Ltd.(a) |
42,762 | 993,262 | ||||||
ICICI Securities Ltd.(a) |
148,845 | 957,186 | ||||||
Indian Energy Exchange Ltd.(a) |
165,562 | 289,093 | ||||||
Motilal Oswal Financial Services Ltd. |
4,298 | 38,356 | ||||||
Multi Commodity Exchange of India Ltd. |
13,354 | 200,061 | ||||||
Nippon Life India Asset Management Ltd.(a) |
170,694 | 563,691 | ||||||
Share India Securities Ltd. |
2,069 | 32,160 | ||||||
UTI Asset Management Co. Ltd. |
25 | 222 | ||||||
|
|
|||||||
Total Capital Markets |
|
3,840,790 | ||||||
Chemicals – 4.9% |
| |||||||
Aarti Industries Ltd. |
86,517 | 792,360 | ||||||
Advanced Enzyme Technologies Ltd. |
65,174 | 215,788 | ||||||
Alkyl Amines Chemicals |
2,912 | 102,678 | ||||||
Andhra Sugars Ltd. |
64,977 | 111,661 | ||||||
Asian Paints Ltd. |
90,858 | 3,733,050 |
See Notes to Financial Statements.
76 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2022
Investments | Shares | Value | ||||||
Atul Ltd. |
1,720 | $ | 190,791 | |||||
Balaji Amines Ltd. |
4,768 | 185,647 | ||||||
BASF India Ltd. |
31 | 1,136 | ||||||
Berger Paints India Ltd. |
75,654 | 573,790 | ||||||
Bhansali Engineering Polymers Ltd. |
1,275 | 1,828 | ||||||
Camlin Fine Sciences Ltd.* |
82,027 | 118,930 | ||||||
Castrol India Ltd. |
3,370 | 4,669 | ||||||
Chambal Fertilisers and Chemicals Ltd. |
231,852 | 910,436 | ||||||
Chemplast Sanmar Ltd.* |
96,533 | 497,431 | ||||||
Coromandel International Ltd. |
81,908 | 1,001,004 | ||||||
DCM Shriram Ltd. |
83,256 | 1,021,981 | ||||||
Deepak Fertilisers & Petrochemicals Corp. Ltd. |
79,039 | 853,870 | ||||||
Deepak Nitrite Ltd. |
44,390 | 1,110,961 | ||||||
EID Parry India Ltd. |
150,647 | 1,106,919 | ||||||
Excel Industries Ltd. |
8,766 | 135,254 | ||||||
Finolex Industries Ltd. |
452,549 | 759,892 | ||||||
Galaxy Surfactants Ltd. |
4,471 | 164,900 | ||||||
GHCL Ltd. |
85,653 | 684,108 | ||||||
Gujarat Alkalies & Chemicals Ltd. |
30,144 | 314,460 | ||||||
Gujarat Fluorochemicals Ltd. |
3,135 | 152,038 | ||||||
Gujarat Narmada Valley Fertilizers & Chemicals Ltd. |
263,400 | 2,077,542 | ||||||
Himadri Speciality Chemical Ltd. |
236,272 | 288,837 | ||||||
India Glycols Ltd. |
17,052 | 175,475 | ||||||
India Pesticides Ltd. |
15,497 | 54,367 | ||||||
Indigo Paints Ltd. |
12,320 | 227,072 | ||||||
INEOS Styrolution India Ltd. |
30 | 322 | ||||||
Jindal Poly Films Ltd. |
3,131 | 34,592 | ||||||
Jubilant Ingrevia Ltd. |
95,345 | 604,174 | ||||||
Kansai Nerolac Paints Ltd. |
58,476 | 351,965 | ||||||
Kiri Industries Ltd.* |
7,105 | 43,931 | ||||||
Laxmi Organic Industries Ltd. |
33,069 | 138,127 | ||||||
Linde India Ltd. |
13,049 | 531,223 | ||||||
Manali Petrochemicals Ltd. |
1,712 | 1,957 | ||||||
Mayur Uniquoters Ltd. |
17,764 | 106,681 | ||||||
Meghmani Organics Ltd. |
135,192 | 198,755 | ||||||
Navin Fluorine International Ltd. |
14,620 | 807,071 | ||||||
NOCIL Ltd. |
4,820 | 14,987 | ||||||
Panama Petrochem Ltd. |
15,358 | 54,805 | ||||||
PCBL Ltd. |
190,985 | 301,557 | ||||||
PI Industries Ltd. |
29,201 | 1,076,257 | ||||||
Pidilite Industries Ltd. |
38,285 | 1,266,092 | ||||||
Polyplex Corp. Ltd. |
40,205 | 979,015 | ||||||
Rain Industries Ltd. |
274,275 | 551,070 | ||||||
Rallis India Ltd. |
224 | 579 | ||||||
Rashtriya Chemicals & Fertilizers Ltd. |
326,040 | 376,734 | ||||||
Sharda Cropchem Ltd. |
41,019 | 223,395 | ||||||
Solar Industries India Ltd. |
3,445 | 165,866 | ||||||
SRF Ltd. |
65,826 | 2,025,686 | ||||||
Sudarshan Chemical Industries Ltd. |
247 | 1,271 | ||||||
Sumitomo Chemical India Ltd. |
19,740 | 122,042 | ||||||
Supreme Industries Ltd. |
10,864 | 284,903 | ||||||
Tata Chemicals Ltd. |
75,768 | 1,028,929 | ||||||
Thirumalai Chemicals Ltd. |
88,757 | 233,700 | ||||||
UPL Ltd. |
487,850 | 4,030,173 | ||||||
Valiant Organics Ltd.(a) |
45 | 409 | ||||||
Vinati Organics Ltd. |
10,526 | 269,965 | ||||||
|
|
|||||||
Total Chemicals |
|
33,395,108 | ||||||
Commercial Services & Supplies – 0.1% |
| |||||||
Indian Railway Catering & Tourism Corp. Ltd. |
38,368 | 332,973 | ||||||
Communications Equipment – 0.0% |
| |||||||
Sterlite Technologies Ltd. |
148,194 | 300,209 | ||||||
Construction & Engineering – 1.9% |
| |||||||
Ashoka Buildcon Ltd.* |
270,926 | 260,431 | ||||||
Hindustan Construction Co. Ltd.* |
1,355,568 | 229,118 | ||||||
IRB Infrastructure Developers Ltd. |
204,272 | 524,545 | ||||||
J Kumar Infraprojects Ltd. |
10,168 | 37,628 | ||||||
Kalpataru Power Transmission Ltd. |
38,923 | 201,621 | ||||||
KEC International Ltd. |
30,859 | 170,604 | ||||||
KNR Constructions Ltd. |
179,981 | 506,085 | ||||||
Larsen & Toubro Ltd. |
416,601 | 9,462,100 | ||||||
NBCC India Ltd. |
247,840 | 93,681 | ||||||
NCC Ltd. |
370,749 | 326,992 | ||||||
Praj Industries Ltd. |
304 | 1,559 | ||||||
PSP Projects Ltd. |
8,366 | 66,038 | ||||||
Rail Vikas Nigam Ltd. |
666,389 | 276,054 | ||||||
Voltas Ltd. |
76,678 | 854,379 | ||||||
|
|
|||||||
Total Construction & Engineering |
|
13,010,835 | ||||||
Construction Materials – 2.9% |
| |||||||
ACC Ltd. |
41,580 | 1,234,680 | ||||||
Ambuja Cements Ltd. |
453,853 | 2,876,497 | ||||||
Birla Corp. Ltd. |
51,982 | 610,388 | ||||||
Dalmia Bharat Ltd. |
1,533 | 30,113 | ||||||
Grasim Industries Ltd. |
369,312 | 7,603,352 | ||||||
HeidelbergCement India Ltd. |
50,234 | 116,984 | ||||||
India Cements Ltd. |
136,715 | 452,236 | ||||||
JK Cement Ltd. |
20,279 | 654,514 | ||||||
JK Lakshmi Cement Ltd. |
104,454 | 751,261 | ||||||
Orient Cement Ltd. |
276 | 440 | ||||||
Pokarna Ltd. |
4,730 | 27,499 | ||||||
Ramco Cements Ltd. |
120,566 | 1,118,201 | ||||||
Rhi Magnesita India Ltd. |
1,580 | 13,012 | ||||||
Shree Cement Ltd. |
3,461 | 894,830 | ||||||
UltraTech Cement Ltd. |
48,042 | 3,693,951 | ||||||
|
|
|||||||
Total Construction Materials |
|
20,077,958 | ||||||
Consumer Finance – 0.2% |
| |||||||
Cholamandalam Financial Holdings Ltd. |
115,081 | 924,595 | ||||||
SBI Cards & Payment Services Ltd. |
61,580 | 691,487 | ||||||
|
|
|||||||
Total Consumer Finance |
|
1,616,082 | ||||||
Containers & Packaging – 0.4% |
| |||||||
AGI Greenpac Ltd. |
22,216 | 91,211 | ||||||
Cosmo First Ltd. |
36,357 | 389,374 | ||||||
EPL Ltd. |
162,786 | 352,681 | ||||||
Jai Corp. Ltd. |
41,816 | 96,096 | ||||||
Time Technoplast Ltd. |
239,266 | 313,967 | ||||||
Uflex Ltd. |
191,585 | 1,718,115 | ||||||
|
|
|||||||
Total Containers & Packaging |
|
2,961,444 |
See Notes to Financial Statements.
WisdomTree Trust | 77 |
Schedule of Investments (unaudited) (continued)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2022
Investments | Shares | Value | ||||||
Diversified Financial Services – 0.5% |
| |||||||
Bajaj Finserv Ltd. |
164,010 | $ | 3,383,675 | |||||
REC Ltd‡ |
0 | 1 | ||||||
|
|
|||||||
Total Diversified Financial Services |
|
3,383,676 | ||||||
Diversified Telecommunication Services – 0.3% |
| |||||||
HFCL Ltd. |
612,163 | 548,192 | ||||||
Indus Towers Ltd. |
646,559 | 1,569,282 | ||||||
Railtel Corp. of India Ltd. |
728 | 925 | ||||||
Tata Communications Ltd. |
3,774 | 53,387 | ||||||
|
|
|||||||
Total Diversified Telecommunication Services |
|
2,171,786 | ||||||
Electric Utilities – 2.9% |
| |||||||
Adani Transmission Ltd.* |
27,809 | 1,124,581 | ||||||
CESC Ltd. |
1,389,560 | 1,320,361 | ||||||
Power Grid Corp. of India Ltd. |
5,484,777 | 14,306,722 | ||||||
SJVN Ltd. |
88,264 | 33,688 | ||||||
Tata Power Co. Ltd. |
844,848 | 2,248,393 | ||||||
Torrent Power Ltd. |
187,538 | 1,122,444 | ||||||
|
|
|||||||
Total Electric Utilities |
|
20,156,189 | ||||||
Electrical Equipment – 0.6% |
| |||||||
ABB India Ltd. |
2,554 | 96,959 | ||||||
Amara Raja Batteries Ltd. |
24,435 | 147,479 | ||||||
Finolex Cables Ltd. |
100,232 | 578,466 | ||||||
Havells India Ltd. |
104,290 | 1,728,803 | ||||||
KEI Industries Ltd. |
73,244 | 1,301,265 | ||||||
Polycab India Ltd. |
15,712 | 494,578 | ||||||
|
|
|||||||
Total Electrical Equipment |
|
4,347,550 | ||||||
Electronic Equipment, Instruments & Components – 0.2% |
| |||||||
Redington Ltd. |
873,332 | 1,494,357 | ||||||
Entertainment – 0.0% |
| |||||||
Saregama India Ltd. |
1,185 | 5,244 | ||||||
Equity Real Estate Investment Trusts (REITs) – 0.0% |
| |||||||
Mindspace Business Parks REIT(a) |
51,480 | 230,508 | ||||||
Food & Staples Retailing – 0.1% |
| |||||||
Avenue Supermarts Ltd.*(a) |
15,308 | 825,425 | ||||||
Medplus Health Services Ltd.* |
2,277 | 17,296 | ||||||
|
|
|||||||
Total Food & Staples Retailing |
|
842,721 | ||||||
Food Products – 1.1% |
| |||||||
Avanti Feeds Ltd. |
27,247 | 156,865 | ||||||
Balrampur Chini Mills Ltd. |
308,212 | 1,317,316 | ||||||
Bombay Burmah Trading Co. |
39 | 439 | ||||||
Britannia Industries Ltd. |
26,388 | 1,246,575 | ||||||
CCL Products India Ltd. |
62,461 | 385,816 | ||||||
Dalmia Bharat Sugar & Industries Ltd. |
156 | 622 | ||||||
Dwarikesh Sugar Industries Ltd. |
112,928 | 133,401 | ||||||
Godrej Agrovet Ltd.(a) |
1,493 | 9,428 | ||||||
Gujarat Ambuja Exports Ltd. |
93,206 | 321,032 | ||||||
Kaveri Seed Co. Ltd. |
43,606 | 230,489 | ||||||
KRBL Ltd. |
112,493 | 508,250 | ||||||
LT Foods Ltd. |
449,977 | 642,182 | ||||||
Marico Ltd. |
202,458 | 1,338,542 | ||||||
Mrs Bectors Food Specialities Ltd. |
28,540 | 127,226 | ||||||
Nestle India Ltd. |
333 | 78,367 | ||||||
Patanjali Foods Ltd. |
2,073 | 35,062 | ||||||
Tata Coffee Ltd. |
35,708 | 98,695 | ||||||
Tata Consumer Products Ltd. |
27,143 | 267,872 | ||||||
Triveni Engineering & Industries Ltd. |
62,638 | 195,726 | ||||||
Venky’s India Ltd. |
72 | 1,740 | ||||||
Zydus Wellness Ltd. |
14,554 | 290,503 | ||||||
|
|
|||||||
Total Food Products |
|
7,386,148 | ||||||
Gas Utilities – 1.7% |
| |||||||
Adani Total Gas Ltd. |
13,307 | 546,315 | ||||||
GAIL India Ltd. |
7,784,563 | 8,329,880 | ||||||
Gujarat Gas Ltd. |
125,861 | 778,593 | ||||||
Gujarat State Petronet Ltd. |
345,409 | 980,590 | ||||||
Indraprastha Gas Ltd. |
217,813 | 1,062,408 | ||||||
|
|
|||||||
Total Gas Utilities |
|
11,697,786 | ||||||
Health Care Equipment & Supplies – 0.0% |
| |||||||
Poly Medicure Ltd. |
9,508 | 101,121 | ||||||
Health Care Providers & Services – 0.4% |
| |||||||
Apollo Hospitals Enterprise Ltd. |
20,641 | 1,112,187 | ||||||
Aster DM Healthcare Ltd.*(a) |
69,341 | 215,137 | ||||||
Dr. Lal PathLabs Ltd.(a) |
7,386 | 228,681 | ||||||
Fortis Healthcare Ltd.* |
84,177 | 273,377 | ||||||
Max Healthcare Institute Ltd.* |
106,826 | 535,632 | ||||||
Metropolis Healthcare Ltd.(a) |
10 | 191 | ||||||
Thyrocare Technologies Ltd.(a) |
38,480 | 331,249 | ||||||
Vijaya Diagnostic Centre Pvt Ltd. |
34,798 | 197,064 | ||||||
|
|
|||||||
Total Health Care Providers & Services |
|
2,893,518 | ||||||
Hotels, Restaurants & Leisure – 0.1% |
| |||||||
Delta Corp Ltd. |
72,743 | 177,406 | ||||||
Jubilant Foodworks Ltd. |
91,595 | 701,110 | ||||||
|
|
|||||||
Total Hotels, Restaurants & Leisure |
|
878,516 | ||||||
Household Durables – 0.3% |
| |||||||
Amber Enterprises India Ltd.* |
4,598 | 133,597 | ||||||
Bajaj Electricals Ltd. |
208 | 3,074 | ||||||
Crompton Greaves Consumer Electricals Ltd. |
212,661 | 1,076,751 | ||||||
Dixon Technologies India Ltd. |
7 | 376 | ||||||
Orient Electric Ltd. |
48,009 | 161,051 | ||||||
Stove Kraft Ltd.* |
26,934 | 215,005 | ||||||
Whirlpool of India Ltd. |
18,027 | 362,196 | ||||||
|
|
|||||||
Total Household Durables |
|
1,952,050 | ||||||
Household Products – 0.0% |
| |||||||
Eveready Industries India Ltd.* |
8,109 | 31,813 | ||||||
Jyothy Labs Ltd. |
35,177 | 81,487 | ||||||
|
|
|||||||
Total Household Products |
|
113,300 | ||||||
Independent Power & Renewable Electricity Producers – 2.7% |
| |||||||
Adani Power Ltd.* |
368,782 | 1,693,153 | ||||||
Jaiprakash Power Ventures Ltd.* |
3,254,372 | 294,029 | ||||||
JSW Energy Ltd. |
246,819 | 911,259 | ||||||
NHPC Ltd. |
5,344,952 | 2,345,567 | ||||||
NLC India Ltd. |
50,989 | 42,652 | ||||||
NTPC Ltd. |
6,782,043 | 13,309,607 | ||||||
|
|
|||||||
Total Independent Power & Renewable Electricity Producers |
|
18,596,267 |
See Notes to Financial Statements.
78 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2022
Investments | Shares | Value | ||||||
Industrial Conglomerates – 0.3% |
| |||||||
Apar Industries Ltd. |
9,329 | $ | 148,797 | |||||
BEML Ltd.*† |
15,621 | 68,167 | ||||||
Godrej Industries Ltd.* |
17,486 | 94,361 | ||||||
Nava Ltd. |
267,062 | 614,545 | ||||||
Siemens Ltd. |
41,900 | 1,427,102 | ||||||
|
|
|||||||
Total Industrial Conglomerates |
|
2,352,972 | ||||||
Insurance – 0.5% |
| |||||||
HDFC Life Insurance Co. Ltd.(a) |
138,816 | 905,148 | ||||||
ICICI Lombard General Insurance Co. Ltd.(a) |
30,225 | 427,695 | ||||||
ICICI Prudential Life Insurance Co. Ltd.(a) |
102,183 | 660,631 | ||||||
Max Financial Services Ltd.* |
45,385 | 425,446 | ||||||
New India Assurance Co. Ltd.(a) |
2,513 | 2,652 | ||||||
SBI Life Insurance Co. Ltd.(a) |
65,991 | 1,014,348 | ||||||
|
|
|||||||
Total Insurance |
|
3,435,920 | ||||||
Interactive Media & Services – 2.0% |
| |||||||
Brightcom Group Ltd. |
2,278,387 | 945,229 | ||||||
Info Edge India Ltd. |
262,621 | 12,462,926 | ||||||
Just Dial Ltd.* |
334 | 2,336 | ||||||
|
|
|||||||
Total Interactive Media & Services |
|
13,410,491 | ||||||
IT Services – 11.7% |
| |||||||
Cigniti Technologies Ltd. |
51 | 347 | ||||||
Coforge Ltd. |
18,578 | 767,761 | ||||||
Computer Age Management Services Ltd. |
16 | 497 | ||||||
Datamatics Global Services Ltd. |
29,426 | 112,729 | ||||||
eClerx Services Ltd. |
21,605 | 378,372 | ||||||
Firstsource Solutions Ltd. |
498,738 | 642,495 | ||||||
Happiest Minds Technologies Ltd. |
14,330 | 175,084 | ||||||
HCL Technologies Ltd. |
847,625 | 9,714,456 | ||||||
Infibeam Avenues Ltd. |
1,567,227 | 283,195 | ||||||
Infosys Ltd. |
1,958,497 | 34,028,212 | ||||||
Larsen & Toubro Infotech Ltd.(a) |
17,739 | 972,054 | ||||||
Mindtree Ltd. |
23,648 | 918,333 | ||||||
Mphasis Ltd. |
47,727 | 1,224,779 | ||||||
Persistent Systems Ltd. |
22,335 | 889,872 | ||||||
Sonata Software Ltd. |
61,818 | 391,801 | ||||||
Tata Consultancy Services Ltd. |
466,901 | 17,244,079 | ||||||
Tech Mahindra Ltd. |
504,779 | 6,258,295 | ||||||
Vakrangee Ltd. |
376,785 | 159,789 | ||||||
Wipro Ltd. |
1,226,457 | 5,943,740 | ||||||
Zensar Technologies Ltd. |
62 | 161 | ||||||
|
|
|||||||
Total IT Services |
|
80,106,051 | ||||||
Life Sciences Tools & Services – 0.4% |
| |||||||
Divi’s Laboratories Ltd. |
55,403 | 2,523,369 | ||||||
Syngene International Ltd.(a) |
37,182 | 256,225 | ||||||
|
|
|||||||
Total Life Sciences Tools & Services |
|
2,779,594 | ||||||
Machinery – 0.7% |
| |||||||
AIA Engineering Ltd. |
29,987 | 924,920 | ||||||
Cochin Shipyard Ltd.(a) |
4,675 | 25,343 | ||||||
Cummins India Ltd. |
80,754 | 1,187,070 | ||||||
Escorts Kubota Ltd. |
11,510 | 301,052 | ||||||
Grindwell Norton Ltd. |
881 | 22,354 | ||||||
Jamna Auto Industries Ltd. |
137,813 | 192,783 | ||||||
Schaeffler India Ltd. |
4,181 | 165,097 | ||||||
SKF India Ltd. |
14,662 | 849,455 | ||||||
Thermax Ltd. |
19,281 | 514,191 | ||||||
Timken India Ltd. |
10,140 | 382,435 | ||||||
|
|
|||||||
Total Machinery |
|
4,564,700 | ||||||
Marine – 0.0% |
| |||||||
Shipping Corp. of India Ltd. |
213,798 | 299,207 | ||||||
Media – 0.4% |
| |||||||
Affle India Ltd.* |
618 | 9,580 | ||||||
Hathway Cable & Datacom Ltd.* |
1,694,527 | 336,401 | ||||||
Network18 Media & Investments Ltd.* |
1,965 | 1,560 | ||||||
Sun TV Network Ltd. |
123,964 | 775,392 | ||||||
TV18 Broadcast Ltd.* |
667,500 | 310,155 | ||||||
Zee Entertainment Enterprises Ltd. |
429,557 | 1,363,103 | ||||||
|
|
|||||||
Total Media |
|
2,796,191 | ||||||
Metals & Mining – 16.5% |
| |||||||
APL Apollo Tubes Ltd. |
78,490 | 1,001,540 | ||||||
Godawari Power and Ispat Ltd. |
54,078 | 185,265 | ||||||
Hindalco Industries Ltd. |
3,035,512 | 14,572,846 | ||||||
Hindustan Copper Ltd. |
95,251 | 125,224 | ||||||
Hindustan Zinc Ltd. |
329,513 | 1,082,293 | ||||||
Jindal Saw Ltd. |
674,001 | 683,518 | ||||||
Jindal Stainless Hisar Ltd.* |
1,160 | 3,490 | ||||||
Jindal Stainless Ltd.* |
706,730 | 1,088,095 | ||||||
Jindal Steel & Power Ltd. |
771,858 | 4,066,543 | ||||||
JSW Steel Ltd. |
1,761,308 | 13,675,637 | ||||||
Kirloskar Ferrous Industries Ltd. |
68,883 | 224,724 | ||||||
Maharashtra Seamless Ltd. |
3,134 | 30,005 | ||||||
Maithan Alloys Ltd. |
38,349 | 457,682 | ||||||
Mishra Dhatu Nigam Ltd.(a) |
45,230 | 113,643 | ||||||
MM Forgings Ltd. |
2,300 | 22,577 | ||||||
National Aluminium Co. Ltd. |
2,675,090 | 2,344,573 | ||||||
NMDC Ltd. |
3,747,747 | 5,885,277 | ||||||
Ramkrishna Forgings Ltd. |
47,116 | 115,023 | ||||||
Ratnamani Metals & Tubes Ltd. |
2,177 | 50,541 | ||||||
Sandur Manganese & Iron Ores Ltd. |
30,396 | 283,274 | ||||||
Sarda Energy & Minerals Ltd. |
40,393 | 432,449 | ||||||
Shyam Metalics & Energy Ltd. |
53,684 | 188,930 | ||||||
Steel Authority of India Ltd. |
8,069,625 | 7,613,205 | ||||||
Sunflag Iron & Steel Co. Ltd.* |
120,815 | 120,442 | ||||||
Surya Roshni Ltd. |
148 | 831 | ||||||
Tata Metaliks Ltd. |
60,580 | 538,845 | ||||||
Tata Steel Long Products Ltd. |
273 | 2,055 | ||||||
Tata Steel Ltd. |
36,134,241 | 44,106,638 | ||||||
Tinplate Co. of India Ltd. |
5,740 | 21,203 | ||||||
Usha Martin Ltd. |
191,653 | 287,181 | ||||||
Vedanta Ltd. |
3,721,728 | 12,354,483 | ||||||
Welspun Corp. Ltd. |
400,568 | 1,305,334 | ||||||
|
|
|||||||
Total Metals & Mining |
|
112,983,366 |
See Notes to Financial Statements.
WisdomTree Trust | 79 |
Schedule of Investments (unaudited) (continued)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2022
Investments | Shares | Value | ||||||
Oil, Gas & Consumable Fuels – 17.1% |
| |||||||
Aegis Logistics Ltd. |
84,382 | $ | 281,200 | |||||
Bharat Petroleum Corp. Ltd. |
1,950,170 | 7,306,732 | ||||||
Chennai Petroleum Corp. Ltd. |
214,007 | 617,941 | ||||||
Coal India Ltd. |
4,101,799 | 10,701,825 | ||||||
Great Eastern Shipping Co. Ltd. |
207,322 | 1,377,326 | ||||||
Hindustan Petroleum Corp. Ltd. |
2,022,042 | 5,376,287 | ||||||
Indian Oil Corp. Ltd. |
11,190,879 | 9,209,808 | ||||||
Mangalore Refinery & Petrochemicals Ltd.* |
646,148 | 471,399 | ||||||
Oil & Natural Gas Corp. Ltd. |
14,628,702 | 22,801,363 | ||||||
Oil India Ltd. |
1,369,825 | 2,937,459 | ||||||
Petronet LNG Ltd. |
738,890 | 1,815,634 | ||||||
Reliance Industries Ltd. |
1,861,700 | 54,414,126 | ||||||
|
|
|||||||
Total Oil, Gas & Consumable Fuels |
|
117,311,100 | ||||||
Paper & Forest Products – 0.2% |
| |||||||
Century Plyboards India Ltd. |
40,533 | 316,811 | ||||||
Century Textiles & Industries Ltd. |
16,660 | 166,024 | ||||||
Greenpanel Industries Ltd. |
22,633 | 118,477 | ||||||
Greenply Industries Ltd. |
66,575 | 147,142 | ||||||
JK Paper Ltd. |
69,209 | 322,006 | ||||||
West Coast Paper Mills Ltd. |
25,407 | 155,063 | ||||||
|
|
|||||||
Total Paper & Forest Products |
|
1,225,523 | ||||||
Personal Products – 1.6% |
| |||||||
Bajaj Consumer Care Ltd. |
5,692 | 10,915 | ||||||
Colgate-Palmolive India Ltd. |
12,149 | 243,335 | ||||||
Dabur India Ltd. |
191,024 | 1,345,366 | ||||||
Emami Ltd. |
115,878 | 718,333 | ||||||
Godrej Consumer Products Ltd.* |
163,131 | 1,825,695 | ||||||
Hindustan Unilever Ltd. |
208,275 | 6,903,436 | ||||||
|
|
|||||||
Total Personal Products |
|
11,047,080 | ||||||
Pharmaceuticals – 3.4% |
| |||||||
Aarti Drugs Ltd. |
336 | 1,936 | ||||||
Ajanta Pharma Ltd. |
20,726 | 324,184 | ||||||
Alembic Pharmaceuticals Ltd. |
10,262 | 76,273 | ||||||
Alkem Laboratories Ltd. |
18,779 | 756,504 | ||||||
Aurobindo Pharma Ltd. |
351,329 | 2,205,112 | ||||||
Caplin Point Laboratories Ltd. |
22,318 | 204,220 | ||||||
Cipla Ltd. |
263,615 | 3,612,944 | ||||||
Dr. Reddy’s Laboratories Ltd. |
57,701 | 3,075,235 | ||||||
Eris Lifesciences Ltd.(a) |
12,531 | 109,512 | ||||||
FDC Ltd.* |
518 | 1,680 | ||||||
Gland Pharma Ltd.*(a) |
24,933 | 641,429 | ||||||
GlaxoSmithKline Pharmaceuticals Ltd. |
28,406 | 497,368 | ||||||
Glenmark Pharmaceuticals Ltd. |
112,061 | 535,364 | ||||||
Granules India Ltd. |
165,563 | 702,843 | ||||||
Hikal Ltd. |
39,888 | 164,722 | ||||||
Indoco Remedies Ltd. |
3,856 | 15,542 | ||||||
IOL Chemicals and Pharmaceuticals Ltd. |
835 | 3,599 | ||||||
Ipca Laboratories Ltd. |
53,846 | 605,634 | ||||||
JB Chemicals & Pharmaceuticals Ltd. |
13,676 | 322,739 | ||||||
Jubilant Pharmova Ltd. |
9,724 | 40,157 | ||||||
Laurus Labs Ltd.(a) |
59,328 | 374,122 | ||||||
Marksans Pharma Ltd. |
4,282 | 2,453 | ||||||
Morepen Laboratories Ltd.* |
343,579 | 100,728 | ||||||
Natco Pharma Ltd. |
28,549 | 212,596 | ||||||
Neuland Laboratories Ltd. |
10,156 | 170,203 | ||||||
Piramal Pharma Ltd.*† |
2,916 | 7,854 | ||||||
Sequent Scientific Ltd.* |
175,167 | 222,750 | ||||||
Shilpa Medicare Ltd. |
75 | 357 | ||||||
Sun Pharmaceutical Industries Ltd. |
379,513 | 4,425,562 | ||||||
Supriya Lifescience Ltd. |
34,520 | 127,321 | ||||||
Suven Pharmaceuticals Ltd. |
113,741 | 630,494 | ||||||
Torrent Pharmaceuticals Ltd. |
38,764 | 743,271 | ||||||
Zydus Lifesciences Ltd. |
453,020 | 2,154,527 | ||||||
|
|
|||||||
Total Pharmaceuticals |
|
23,069,235 | ||||||
Professional Services – 0.1% |
| |||||||
L&T Technology Services Ltd.(a) |
14,524 | 641,224 | ||||||
Real Estate Management & Development – 0.4% |
| |||||||
DLF Ltd. |
9,339 | 40,948 | ||||||
Godrej Properties Ltd.* |
15,549 | 228,195 | ||||||
Macrotech Developers Ltd.* |
5,638 | 64,051 | ||||||
Oberoi Realty Ltd. |
93,100 | 1,050,349 | ||||||
Phoenix Mills Ltd. |
25,738 | 442,649 | ||||||
Prestige Estates Projects Ltd. |
124,679 | 689,364 | ||||||
Sobha Ltd. |
44,603 | 354,050 | ||||||
|
|
|||||||
Total Real Estate Management & Development |
|
2,869,606 | ||||||
Road & Rail – 0.0% |
| |||||||
Container Corp. of India Ltd. |
28,863 | 252,490 | ||||||
Semiconductors & Semiconductor Equipment – 0.0% |
| |||||||
Borosil Renewables Ltd.* |
2,104 | 15,060 | ||||||
Software – 0.7% |
| |||||||
Birlasoft Ltd. |
157,358 | 546,344 | ||||||
Cyient Ltd. |
71,063 | 692,624 | ||||||
Intellect Design Arena Ltd. |
57,402 | 365,081 | ||||||
KPIT Technologies Ltd. |
9,300 | 75,439 | ||||||
Newgen Software Technologies Ltd. |
33,445 | 146,605 | ||||||
Oracle Financial Services Software Ltd. |
26,809 | 982,872 | ||||||
Route Mobile Ltd. |
15,543 | 261,208 | ||||||
Tanla Platforms Ltd. |
49,474 | 478,677 | ||||||
Tata Elxsi Ltd. |
10,906 | 1,147,083 | ||||||
|
|
|||||||
Total Software |
|
4,695,933 | ||||||
Textiles, Apparel & Luxury Goods – 1.0% |
| |||||||
Arvind Ltd.* |
218,455 | 255,912 | ||||||
Dollar Industries Ltd. |
9,968 | 61,149 | ||||||
Filatex India Ltd. |
59,680 | 73,911 | ||||||
Gokaldas Exports Ltd.* |
21,591 | 92,387 | ||||||
Indo Count Industries Ltd. |
294 | 492 | ||||||
Kalyan Jewellers India Ltd.* |
17,943 | 21,240 | ||||||
KPR Mill Ltd. |
6,752 | 44,487 | ||||||
LUX Industries Ltd. |
21,382 | 460,908 | ||||||
Page Industries Ltd. |
586 | 364,965 | ||||||
Rajesh Exports Ltd. |
116,057 | 825,725 | ||||||
Raymond Ltd. |
8,636 | 108,970 | ||||||
Relaxo Footwears Ltd. |
16,939 | 209,647 | ||||||
Rupa & Co. Ltd. |
54 | 214 |
See Notes to Financial Statements.
80 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2022
Investments | Shares | Value | ||||||
Siyaram Silk Mills Ltd. |
21,024 | $ | 112,846 | |||||
Titan Co. Ltd. |
76,265 | 2,443,958 | ||||||
Trident Ltd. |
534,665 | 239,561 | ||||||
Vaibhav Global Ltd. |
37 | 160 | ||||||
Vardhman Textiles Ltd. |
275,184 | 1,141,311 | ||||||
Welspun India Ltd. |
567,248 | 513,548 | ||||||
|
|
|||||||
Total Textiles, Apparel & Luxury Goods |
|
6,971,391 | ||||||
Tobacco – 1.3% |
| |||||||
Godfrey Phillips India Ltd. |
8,778 | 123,861 | ||||||
ITC Ltd. |
2,230,353 | 9,107,706 | ||||||
|
|
|||||||
Total Tobacco |
|
9,231,567 | ||||||
Trading Companies & Distributors – 0.4% |
| |||||||
Adani Enterprises Ltd. |
58,928 | 2,503,224 | ||||||
Transportation Infrastructure – 0.8% |
| |||||||
Adani Ports & Special Economic Zone Ltd. |
527,476 | 5,321,039 | ||||||
Wireless Telecommunication Services – 0.5% |
| |||||||
Bharti Airtel Ltd. |
342,198 | 3,364,720 | ||||||
TOTAL COMMON STOCKS (Cost: $448,463,164) |
|
703,504,855 | ||||||
Principal Amount |
||||||||
CORPORATE BONDS – 0.0% |
| |||||||
India – 0.0% |
| |||||||
Britannia
Industries Ltd. |
||||||||
(Cost: $11,593) | 843,639 INR | 10,108 | ||||||
Shares | Value | |||||||
EXCHANGE-TRADED FUND – 0.0% |
| |||||||
United States – 0.0% |
| |||||||
WisdomTree
India ex-State-Owned Enterprises
Fund(c) |
||||||||
(Cost: $26,901) | 1,100 | 34,373 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 102.5% (Cost: $448,501,658) |
703,549,336 | |||||||
Other Assets less Liabilities – (2.5)% |
(16,834,725 | ) | ||||||
|
|
|||||||
NET ASSETS – 100.0% | $ | 686,714,611 |
* |
Non-income producing security. |
‡ |
Share amount represents a fractional share. |
† |
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 $76,021, which represents 0.01% 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) |
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, 2022, 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 Ltd. |
3,906,791 | |
9/21/15 – 3/13/20 |
|
$ | 3,947,791 | $ | 751,571 | 0.1 | % |
(c) |
Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information. |
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, 2022 were as follows:
Affiliate | Value at 3/31/2022 |
Purchases/ Additions |
Sales/ Reductions |
Realized Gain/ (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Value at 9/30/2022 |
Dividend Income |
|||||||||||||||||||||
WisdomTree India ex-State-Owned Enterprises Fund |
$ | 38,156 | $ | — | $ | — | $ | — | $ | (3,783 | ) | $ | 34,373 | $ | 682 |
See Notes to Financial Statements.
WisdomTree Trust | 81 |
Schedule of Investments (unaudited) (concluded)
WisdomTree India Earnings Fund (EPI) (consolidated)
September 30, 2022
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
Quoted Prices in |
Other Significant Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Total | |||||||||||||
Assets: |
|
|||||||||||||||
Investments in Securities |
||||||||||||||||
Common Stocks |
||||||||||||||||
Industrial Conglomerates |
$ | 2,284,805 | $ | — | $ | 68,167 | * | $ | 2,352,972 | |||||||
Pharmaceuticals |
23,061,381 | — | 7,854 | * | 23,069,235 | |||||||||||
Other |
678,082,648 | — | — | 678,082,648 | ||||||||||||
Corporate Bonds |
— | 10,108 | — | 10,108 | ||||||||||||
Exchange-Traded Fund |
34,373 | — | — | 34,373 | ||||||||||||
Total Investments in Securities |
$ | 703,463,207 | $ | 10,108 | $ | 76,021 | $ | 703,549,336 |
* |
Securities are being fair valued using significant unobservable inputs by the Pricing Committee. |
See Notes to Financial Statements.
82 | WisdomTree Trust |
Schedule of Investments (unaudited)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 102.4% | ||||||||
India – 102.4% | ||||||||
Airlines – 0.2% | ||||||||
InterGlobe Aviation Ltd.*(a) |
617 | $ | 14,071 | |||||
Auto Components – 1.6% |
| |||||||
Balkrishna Industries Ltd. |
613 | 14,194 | ||||||
Bharat Forge Ltd. |
1,914 | 16,364 | ||||||
Bosch Ltd. |
73 | 14,191 | ||||||
Exide Industries Ltd. |
2,632 | 5,078 | ||||||
Motherson Sumi Wiring India Ltd. |
9,224 | 9,921 | ||||||
Samvardhana Motherson International Ltd. |
9,224 | 12,359 | ||||||
Sundram Fasteners Ltd. |
524 | 5,855 | ||||||
Tube Investments of India Ltd. |
689 | 23,243 | ||||||
|
|
|||||||
Total Auto Components |
|
101,205 | ||||||
Automobiles – 6.0% |
| |||||||
Bajaj Auto Ltd. |
560 | 24,284 | ||||||
Eicher Motors Ltd. |
914 | 41,251 | ||||||
Hero MotoCorp Ltd. |
891 | 27,920 | ||||||
Mahindra & Mahindra Ltd. |
6,827 | 106,427 | ||||||
Maruti Suzuki India Ltd. |
926 | 100,489 | ||||||
Tata Motors Ltd.* |
11,789 | 58,633 | ||||||
Tata Motors Ltd., Class A* |
926 | 2,227 | ||||||
TVS Motor Co. Ltd. |
1,352 | 17,155 | ||||||
|
|
|||||||
Total Automobiles |
|
378,386 | ||||||
Banks – 13.9% |
| |||||||
AU Small Finance Bank Ltd.(a) |
2,210 | 16,821 | ||||||
Axis Bank Ltd. |
16,770 | 151,144 | ||||||
Bandhan Bank Ltd.*(a) |
3,885 | 12,732 | ||||||
Federal Bank Ltd. |
12,012 | 17,534 | ||||||
ICICI Bank Ltd. |
38,858 | 411,740 | ||||||
IDFC First Bank Ltd.* |
24,010 | 14,713 | ||||||
IndusInd Bank Ltd. |
4,149 | 60,446 | ||||||
Kotak Mahindra Bank Ltd. |
8,382 | 187,441 | ||||||
RBL Bank Ltd.*(a) |
3,124 | 4,368 | ||||||
Yes Bank Ltd.*(b) |
3,819 | 735 | ||||||
|
|
|||||||
Total Banks |
|
877,674 | ||||||
Beverages – 0.9% |
| |||||||
United Breweries Ltd. |
500 | 10,491 | ||||||
United Spirits Ltd.* |
2,323 | 24,052 | ||||||
Varun Beverages Ltd. |
1,797 | 23,066 | ||||||
|
|
|||||||
Total Beverages |
|
57,609 | ||||||
Biotechnology – 0.2% |
| |||||||
Biocon Ltd. |
2,850 | 10,193 | ||||||
Building Products – 0.4% |
| |||||||
Astral Ltd. |
721 | 19,786 | ||||||
Kajaria Ceramics Ltd. |
552 | 8,145 | ||||||
|
|
|||||||
Total Building Products |
|
27,931 | ||||||
Capital Markets – 0.2% |
| |||||||
HDFC Asset Management Co. Ltd.(a) |
448 | 10,406 | ||||||
Indian Energy Exchange Ltd.(a) |
2,818 | 4,921 | ||||||
|
|
|||||||
Total Capital Markets |
|
15,327 | ||||||
Chemicals – 5.0% |
| |||||||
Aarti Industries Ltd. |
1,366 | 12,510 | ||||||
Asian Paints Ltd. |
3,369 | 138,421 | ||||||
Atul Ltd. |
127 | 14,088 | ||||||
Berger Paints India Ltd. |
2,080 | 15,776 | ||||||
Carborundum Universal Ltd. |
705 | 7,768 | ||||||
Coromandel International Ltd. |
1,015 | 12,404 | ||||||
Deepak Nitrite Ltd. |
411 | 10,286 | ||||||
Kansai Nerolac Paints Ltd. |
1,147 | 6,904 | ||||||
Navin Fluorine International Ltd. |
279 | 15,402 | ||||||
PI Industries Ltd. |
602 | 22,188 | ||||||
SRF Ltd. |
1,040 | 32,004 | ||||||
Supreme Industries Ltd. |
536 | 14,056 | ||||||
Tata Chemicals Ltd. |
1,021 | 13,865 | ||||||
|
|
|||||||
Total Chemicals |
|
315,672 | ||||||
Construction & Engineering – 0.3% |
| |||||||
GMR Power and Urban Infra Ltd.* |
1,444 | 482 | ||||||
Voltas Ltd. |
1,792 | 19,967 | ||||||
|
|
|||||||
Total Construction & Engineering |
|
20,449 | ||||||
Construction Materials – 3.5% |
| |||||||
ACC Ltd. |
564 | 16,747 | ||||||
Ambuja Cements Ltd. |
5,193 | 32,913 | ||||||
Dalmia Bharat Ltd. |
620 | 12,179 | ||||||
Grasim Industries Ltd. |
3,140 | 64,646 | ||||||
JK Cement Ltd. |
210 | 6,778 | ||||||
Ramco Cements Ltd. |
938 | 8,700 | ||||||
Shree Cement Ltd. |
63 | 16,288 | ||||||
UltraTech Cement Ltd. |
831 | 63,896 | ||||||
|
|
|||||||
Total Construction Materials |
|
222,147 | ||||||
Consumer Finance – 4.2% |
| |||||||
Bajaj Finance Ltd. |
1,991 | 179,536 | ||||||
Cholamandalam Investment and Finance Co. Ltd. |
3,079 | 27,713 | ||||||
Mahindra & Mahindra Financial Services Ltd. |
4,866 | 11,081 | ||||||
Manappuram Finance Ltd. |
3,397 | 4,069 | ||||||
Muthoot Finance Ltd. |
840 | 10,739 | ||||||
Shriram Transport Finance Co. Ltd. |
1,368 | 20,138 | ||||||
Sundaram Finance Ltd. |
523 | 14,542 | ||||||
|
|
|||||||
Total Consumer Finance |
|
267,818 | ||||||
Diversified Financial Services – 7.5% |
| |||||||
Bajaj Finserv Ltd. |
2,810 | 57,973 | ||||||
Bajaj Holdings & Investment Ltd. |
222 | 17,440 | ||||||
Housing Development Finance Corp. Ltd. |
13,805 | 388,222 | ||||||
Piramal Enterprises Ltd. |
903 | 9,593 | ||||||
|
|
|||||||
Total Diversified Financial Services |
|
473,228 | ||||||
Diversified Telecommunication Services – 0.3% |
| |||||||
Indus Towers Ltd. |
6,765 | 16,420 | ||||||
Electric Utilities – 1.4% |
| |||||||
Adani Transmission Ltd.* |
1,909 | 77,199 | ||||||
Torrent Power Ltd. |
1,332 | 7,972 | ||||||
|
|
|||||||
Total Electric Utilities |
|
85,171 |
See Notes to Financial Statements.
WisdomTree Trust | 83 |
Schedule of Investments (unaudited) (continued)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
September 30, 2022
Investments | Shares | Value | ||||||
Electrical Equipment – 1.1% |
| |||||||
ABB India Ltd. |
411 | $ | 15,603 | |||||
CG Power & Industrial Solutions Ltd.* |
4,640 | 13,444 | ||||||
Havells India Ltd. |
1,889 | 31,314 | ||||||
Polycab India Ltd. |
256 | 8,058 | ||||||
|
|
|||||||
Total Electrical Equipment |
|
68,419 | ||||||
Entertainment – 0.1% |
| |||||||
PVR Ltd.* |
292 | 6,420 | ||||||
Food & Staples Retailing – 0.9% |
| |||||||
Avenue Supermarts Ltd.*(a) |
1,072 | 57,803 | ||||||
Food Products – 2.8% |
| |||||||
Britannia Industries Ltd. |
823 | 38,879 | ||||||
Hatsun Agro Product Ltd. |
427 | 5,502 | ||||||
Marico Ltd. |
4,186 | 27,676 | ||||||
Nestle India Ltd. |
249 | 58,598 | ||||||
Tata Consumer Products Ltd. |
4,570 | 45,101 | ||||||
|
|
|||||||
Total Food Products |
|
175,756 | ||||||
Gas Utilities – 1.5% |
| |||||||
Adani Total Gas Ltd. |
2,131 | 87,487 | ||||||
Gujarat Gas Ltd. |
1,423 | 8,803 | ||||||
|
|
|||||||
Total Gas Utilities |
|
96,290 | ||||||
Health Care Providers & Services – 1.3% |
| |||||||
Apollo Hospitals Enterprise Ltd. |
763 | 41,112 | ||||||
Dr. Lal PathLabs Ltd.(a) |
282 | 8,731 | ||||||
Fortis Healthcare Ltd.* |
4,282 | 13,906 | ||||||
Max Healthcare Institute Ltd.* |
3,662 | 18,362 | ||||||
|
|
|||||||
Total Health Care Providers & Services |
|
82,111 | ||||||
Hotels, Restaurants & Leisure – 0.6% |
| |||||||
Indian Hotels Co. Ltd. |
4,531 | 18,474 | ||||||
Jubilant Foodworks Ltd. |
2,880 | 22,045 | ||||||
|
|
|||||||
Total Hotels, Restaurants & Leisure |
|
40,519 | ||||||
Household Durables – 0.4% |
| |||||||
Crompton Greaves Consumer Electricals Ltd. |
3,637 | 18,415 | ||||||
Dixon Technologies India Ltd. |
168 | 9,028 | ||||||
|
|
|||||||
Total Household Durables |
|
27,443 | ||||||
Independent Power & Renewable Electricity Producers – 1.2% |
| |||||||
Adani Green Energy Ltd.* |
2,778 | 77,202 | ||||||
Industrial Conglomerates – 0.4% |
| |||||||
Siemens Ltd. |
724 | 24,659 | ||||||
Insurance – 1.7% |
| |||||||
HDFC Life Insurance Co. Ltd.(a) |
7,393 | 48,206 | ||||||
ICICI Lombard General Insurance Co. Ltd.(a) |
1,702 | 24,084 | ||||||
ICICI Prudential Life Insurance Co. Ltd.(a) |
2,971 | 19,208 | ||||||
Max Financial Services Ltd.* |
1,643 | 15,402 | ||||||
|
|
|||||||
Total Insurance |
|
106,900 | ||||||
Interactive Media & Services – 0.4% |
| |||||||
Info Edge India Ltd. |
570 | 27,050 | ||||||
IT Services – 11.6% |
| |||||||
Coforge Ltd. |
192 | 7,935 | ||||||
Happiest Minds Technologies Ltd. |
453 | 5,535 | ||||||
HCL Technologies Ltd. |
8,541 | 97,886 | ||||||
Infosys Ltd. |
27,705 | 481,365 | ||||||
Mphasis Ltd. |
660 | 16,937 | ||||||
Persistent Systems Ltd. |
356 | 14,184 | ||||||
Tech Mahindra Ltd. |
4,599 | 57,019 | ||||||
Wipro Ltd. |
10,997 | 53,294 | ||||||
|
|
|||||||
Total IT Services |
|
734,155 | ||||||
Life Sciences Tools & Services – 0.7% |
| |||||||
Divi’s Laboratories Ltd. |
920 | 41,902 | ||||||
Machinery – 0.7% |
| |||||||
Ashok Leyland Ltd. |
11,295 | 21,194 | ||||||
Cummins India Ltd. |
1,073 | 15,773 | ||||||
Escorts Kubota Ltd. |
327 | 8,553 | ||||||
|
|
|||||||
Total Machinery |
|
45,520 | ||||||
Media – 0.4% |
| |||||||
Zee Entertainment Enterprises Ltd. |
7,372 | 23,393 | ||||||
Metals & Mining – 3.0% |
| |||||||
APL Apollo Tubes Ltd. |
958 | 12,224 | ||||||
Jindal Steel & Power Ltd. |
2,866 | 15,099 | ||||||
JSW Steel Ltd. |
7,487 | 58,133 | ||||||
Tata Steel Ltd. |
58,150 | 70,980 | ||||||
Vedanta Ltd. |
9,249 | 30,703 | ||||||
|
|
|||||||
Total Metals & Mining |
|
187,139 | ||||||
Oil, Gas & Consumable Fuels – 10.3% |
| |||||||
Reliance Industries Ltd. |
22,209 | 649,129 | ||||||
Personal Products – 5.0% |
| |||||||
Colgate-Palmolive India Ltd. |
1,177 | 23,574 | ||||||
Dabur India Ltd. |
3,908 | 27,524 | ||||||
Emami Ltd. |
1,401 | 8,685 | ||||||
Godrej Consumer Products Ltd.* |
2,666 | 29,837 | ||||||
Hindustan Unilever Ltd. |
6,869 | 227,678 | ||||||
|
|
|||||||
Total Personal Products |
|
317,298 | ||||||
Pharmaceuticals – 5.3% |
| |||||||
Alkem Laboratories Ltd. |
306 | 12,327 | ||||||
Aurobindo Pharma Ltd. |
1,701 | 10,676 | ||||||
Cipla Ltd. |
3,989 | 54,671 | ||||||
Dr. Reddy’s Laboratories Ltd. |
956 | 50,951 | ||||||
Gland Pharma Ltd.*(a) |
384 | 9,879 | ||||||
Glenmark Pharmaceuticals Ltd. |
1,172 | 5,599 | ||||||
Ipca Laboratories Ltd. |
1,032 | 11,608 | ||||||
Laurus Labs Ltd.(a) |
2,989 | 18,849 | ||||||
Lupin Ltd. |
1,650 | 13,789 | ||||||
Natco Pharma Ltd. |
531 | 3,954 | ||||||
Pfizer Ltd. |
154 | 8,074 | ||||||
Piramal Pharma Ltd.*† |
3,612 | 9,729 | ||||||
Sun Pharmaceutical Industries Ltd. |
8,380 | 97,721 | ||||||
Torrent Pharmaceuticals Ltd. |
816 | 15,646 | ||||||
Zydus Lifesciences Ltd. |
2,123 | 10,097 | ||||||
|
|
|||||||
Total Pharmaceuticals |
|
333,570 | ||||||
Real Estate Management & Development – 0.9% |
| |||||||
DLF Ltd. |
5,218 | 22,879 |
See Notes to Financial Statements.
84 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
September 30, 2022
Investments | Shares | Value | ||||||
Godrej Properties Ltd.* |
936 | $ | 13,737 | |||||
Oberoi Realty Ltd. |
793 | 8,946 | ||||||
Phoenix Mills Ltd. |
599 | 10,302 | ||||||
|
|
|||||||
Total Real Estate Management & Development |
|
55,864 | ||||||
Software – 0.6% |
| |||||||
Cyient Ltd. |
566 | 5,517 | ||||||
Oracle Financial Services Software Ltd. |
184 | 6,746 | ||||||
Tata Elxsi Ltd. |
243 | 25,558 | ||||||
|
|
|||||||
Total Software |
|
37,821 | ||||||
Specialty Retail – 0.4% |
| |||||||
Trent Ltd. |
1,436 | 25,066 | ||||||
Textiles, Apparel & Luxury Goods – 2.2% |
| |||||||
Bata India Ltd. |
538 | 12,046 | ||||||
Page Industries Ltd. |
44 | 27,404 | ||||||
Rajesh Exports Ltd. |
720 | 5,123 | ||||||
Relaxo Footwears Ltd. |
271 | 3,354 | ||||||
Titan Co. Ltd. |
2,833 | 90,785 | ||||||
|
|
|||||||
Total Textiles, Apparel & Luxury Goods |
|
138,712 | ||||||
Thrifts & Mortgage Finance – 0.2% |
| |||||||
Aavas Financiers Ltd.* |
269 | 7,413 | ||||||
Indiabulls Housing Finance Ltd.* |
1,689 | 2,465 | ||||||
|
|
|||||||
Total Thrifts & Mortgage Finance |
|
9,878 | ||||||
Trading Companies & Distributors – 0.1% |
| |||||||
IndiaMart InterMesh Ltd.(a) |
90 | 4,932 | ||||||
Transportation Infrastructure – 0.1% |
| |||||||
GMR Infrastructure Ltd.* |
14,443 | 6,311 | ||||||
Wireless Telecommunication Services – 2.9% |
| |||||||
Bharti Airtel Ltd. |
17,923 | 176,231 | ||||||
Vodafone Idea Ltd.* |
71,639 | 7,749 | ||||||
|
|
|||||||
Total Wireless Telecommunication Services |
|
183,980 | ||||||
TOTAL COMMON STOCKS (Cost: $5,358,208) |
|
6,468,543 | ||||||
Principal Amount |
||||||||
CORPORATE BONDS – 0.0% |
| |||||||
India – 0.0% |
| |||||||
Britannia
Industries Ltd. |
||||||||
(Cost: $328) |
23,867 INR | 286 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 102.4% (Cost: $5,358,536) |
|
6,468,829 | ||||||
Other Assets less Liabilities – (2.4)% |
|
(153,502 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 6,315,327 |
* |
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 $9,729, which represents 0.15% 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) |
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, 2022, 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 Ltd. |
3,819 | |
4/2/19 – 10/18/19 |
|
$ | 11,551 | $ | 735 | 0.0 | % |
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 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 |
||||||||||||||||
Pharmaceuticals |
$ | 323,841 | $ | — | $ | 9,729 | * | $ | 333,570 | |||||||
Other |
6,134,973 | — | — | 6,134,973 | ||||||||||||
Corporate Bonds |
— | 286 | — | 286 | ||||||||||||
Total Investments in Securities |
$ | 6,458,814 | $ | 286 | $ | 9,729 | $ | 6,468,829 |
* |
Securities are being fair valued using significant unobservable inputs by the Pricing Committee. |
See Notes to Financial Statements.
WisdomTree Trust | 85 |
Schedule of Investments (unaudited)
WisdomTree New Economy Real Estate Fund (WTRE)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.5% | ||||||||
Australia – 6.5% | ||||||||
BWP Trust |
69,947 | $ | 166,398 | |||||
Dexus |
109,725 | 544,628 | ||||||
Goodman Group(a) |
98,313 | 997,459 | ||||||
NEXTDC Ltd.*(a) |
47,790 | 271,009 | ||||||
|
|
|||||||
Total Australia |
|
1,979,494 | ||||||
Belgium – 1.5% |
| |||||||
Warehouses De Pauw CVA |
18,507 | 455,435 | ||||||
Canada – 2.6% |
| |||||||
Allied Properties Real Estate Investment Trust |
12,404 | 246,988 | ||||||
Dream Industrial Real Estate Investment Trust |
35,935 | 280,617 | ||||||
Summit Industrial Income REIT |
22,317 | 277,897 | ||||||
|
|
|||||||
Total Canada |
|
805,502 | ||||||
China – 6.7% |
| |||||||
China Aoyuan Group Ltd.*†(a) |
234,000 | 26,381 | ||||||
China Tower Corp. Ltd., Class H(b) |
18,800,000 | 2,011,746 | ||||||
|
|
|||||||
Total China |
|
2,038,127 | ||||||
Japan – 5.0% |
| |||||||
Advance Logistics Investment Corp.(a) |
60 | 62,261 | ||||||
GLP J-REIT(a) |
503 | 556,360 | ||||||
LaSalle Logiport REIT |
253 | 282,985 | ||||||
Nippon Prologis REIT, Inc. |
228 | 498,546 | ||||||
Tokyu REIT, Inc. |
94 | 128,000 | ||||||
|
|
|||||||
Total Japan |
|
1,528,152 | ||||||
Singapore – 6.7% |
| |||||||
CapLand Ascendas REIT |
319,336 | 598,658 | ||||||
Digital Core REIT Management Pte Ltd.(a) |
72,100 | 50,470 | ||||||
ESR-LOGOS REIT |
689,500 | 170,585 | ||||||
Frasers Logistics & Commercial Trust |
334,700 | 286,906 | ||||||
Keppel REIT |
217,200 | 149,856 | ||||||
Mapletree Industrial Trust |
255,509 | 423,800 | ||||||
Mapletree Logistics Trust(a) |
331,758 | 360,682 | ||||||
|
|
|||||||
Total Singapore |
|
2,040,957 | ||||||
Spain – 2.6% |
| |||||||
Cellnex Telecom SA(b) |
26,101 | 812,865 | ||||||
Sweden – 0.9% |
| |||||||
Fabege AB(a) |
39,929 | 273,089 | ||||||
Tanzania – 0.3% |
| |||||||
Helios Towers PLC*(a) |
67,017 | 84,462 | ||||||
United Kingdom – 3.1% |
| |||||||
Segro PLC |
50,523 | 424,683 | ||||||
Tritax Big Box REIT PLC |
242,630 | 367,811 | ||||||
Tritax EuroBox PLC(b) |
82,141 | 58,042 | ||||||
Workspace Group PLC |
19,078 | 84,889 | ||||||
|
|
|||||||
Total United Kingdom |
|
935,425 | ||||||
United States – 63.6% |
| |||||||
Airbnb, Inc., Class A* |
9,914 | 1,041,367 | ||||||
Alexandria Real Estate Equities, Inc. |
9,508 | 1,332,926 | ||||||
American Tower Corp. |
5,021 | 1,078,009 | ||||||
Americold Realty Trust, Inc. |
38,220 | 940,212 | ||||||
Corporate Office Properties Trust |
14,691 | 341,272 | ||||||
Cousins Properties, Inc. |
21,530 | 502,725 | ||||||
Crown Castle International Corp. |
7,594 | 1,097,713 | ||||||
Digital Realty Trust, Inc. |
10,343 | 1,025,819 | ||||||
DigitalBridge Group, Inc.(a) |
16,481 | 206,177 | ||||||
Douglas Emmett, Inc. |
23,971 | 429,800 | ||||||
Duke Realty Corp. |
25,345 | 1,221,629 | ||||||
EastGroup Properties, Inc. |
4,439 | 640,725 | ||||||
Equinix, Inc. |
2,013 | 1,145,075 | ||||||
Hudson Pacific Properties, Inc. |
17,346 | 189,939 | ||||||
Iron Mountain, Inc. |
36,890 | 1,622,053 | ||||||
JBG SMITH Properties |
11,816 | 219,541 | ||||||
Kilroy Realty Corp. |
14,893 | 627,144 | ||||||
LXP Industrial Trust |
28,266 | 258,917 | ||||||
Prologis, Inc. |
10,407 | 1,057,351 | ||||||
Radius Global Infrastructure, Inc., Class A* |
9,466 | 89,170 | ||||||
Rexford Industrial Realty, Inc. |
24,392 | 1,268,384 | ||||||
SBA Communications Corp. |
6,220 | 1,770,523 | ||||||
Switch, Inc., Class A |
22,835 | 769,311 | ||||||
Terreno Realty Corp. |
10,615 | 562,489 | ||||||
|
|
|||||||
Total United States |
|
19,438,271 | ||||||
TOTAL COMMON STOCKS (Cost: $40,540,984) |
|
30,391,779 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.3% |
| |||||||
United States – 4.3% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(c) |
||||||||
(Cost: $1,304,477) | 1,304,477 | 1,304,477 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 103.8% (Cost: $41,845,461) |
|
31,696,256 | ||||||
Other Assets less Liabilities – (3.8)% |
|
(1,156,634 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 30,539,622 |
* |
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 $26,381, which represents 0.09% of net assets. |
(a) |
Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $2,497,587 and the total market value of the collateral held by the Fund was $2,661,605. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,357,128. |
(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, 2022. |
See Notes to Financial Statements.
86 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree New Economy Real Estate Fund (WTRE)
September 30, 2022
FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER) | ||||||||||||||||||||||||||||
Counterparty | Settlement Date |
Amount and |
Amount and |
Unrealized Appreciation |
Unrealized Depreciation |
|||||||||||||||||||||||
Bank of America NA |
10/3/2022 | 2,995 | GBP | 3,314 | USD | $ | 29 | $ | — | |||||||||||||||||||
Canadian Imperial Bank of Commerce |
10/3/2022 | 486,978 | JPY | 3,373 | USD | — | (9 | ) | ||||||||||||||||||||
Deutsche Bank AG |
10/3/2022 | 35,836 | SEK | 3,203 | USD | 27 | — | |||||||||||||||||||||
Morgan Stanley & Co. International |
10/3/2022 | 4,322 | SGD | 3,015 | USD | — | (2 | ) | ||||||||||||||||||||
Standard Chartered Bank |
10/4/2022 | 4,277 | CAD | 3,119 | USD | — | (7 | ) | ||||||||||||||||||||
$ | 56 | $ | (18 | ) |
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 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 |
$ | 2,011,746 | $ | — | $ | 26,381 | * | $ | 2,038,127 | |||||||
Other |
28,353,652 | — | — | 28,353,652 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 1,304,477 | — | 1,304,477 | ||||||||||||
Total Investments in Securities |
$ | 30,365,398 | $ | 1,304,477 | $ | 26,381 | $ | 31,696,256 | ||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | 56 | $ | — | $ | 56 | ||||||||
Liabilities: |
|
|||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (18 | ) | $ | — | $ | (18 | ) | ||||||
Total – Net |
$ | 30,365,398 | $ | 1,304,515 | $ | 26,381 | $ | 31,696,294 |
* |
Securities are 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 | 87 |
Statements of Assets and Liabilities (unaudited)
WisdomTree Trust
September 30, 2022
WisdomTree Fund |
WisdomTree Fund |
WisdomTree Emerging Markets High Dividend Fund |
WisdomTree Emerging Markets Multifactor Fund |
WisdomTree Emerging Markets Quality Dividend Growth Fund |
||||||||||||||||
ASSETS: |
||||||||||||||||||||
Investments, at cost |
$ | 1,226,707,320 | $ | 2,820,472,963 | $ | 1,919,267,837 | $ | 2,256,545 | $ | 76,375,847 | ||||||||||
Foreign currency, at cost |
1,207,379 | 2,920,645 | 486,406 | 946 | — | |||||||||||||||
Investments in securities, at value1,2 (Note 2) |
765,870,892 | 2,154,086,655 | 1,593,771,057 | 1,970,732 | 66,249,730 | |||||||||||||||
Cash |
262,276 | — | 1,467,586 | 1,606 | — | |||||||||||||||
Foreign currency, at value |
769,859 | 3,234,859 | 483,814 | 863 | — | |||||||||||||||
Unrealized appreciation on foreign currency contracts |
1 | — | 4,468 | 27,742 | 11 | |||||||||||||||
Receivables: |
||||||||||||||||||||
Investment securities sold3 |
1,003,008 | — | 21,790,612 | — | 15,973 | |||||||||||||||
Capital shares sold |
— | 77,902 | 32,987 | — | — | |||||||||||||||
Dividends |
444,378 | 5,578,982 | 12,802,208 | 8,774 | 240,199 | |||||||||||||||
Securities lending income |
28,211 | 120,827 | 154,988 | 15 | 2,196 | |||||||||||||||
Interest |
— | 684 | — | 166 | 34 | |||||||||||||||
Foreign tax reclaims |
— | 44,346 | 66,003 | 265 | 1,263 | |||||||||||||||
Total Assets |
768,378,625 | 2,163,144,255 | 1,630,573,723 | 2,010,163 | 66,509,406 | |||||||||||||||
LIABILITIES: |
||||||||||||||||||||
Due to custodian |
— | 2,798,634 | — | — | 2,618 | |||||||||||||||
Foreign currency due to custodian, at value |
— | — | — | — | 2,340 | |||||||||||||||
Unrealized depreciation on foreign currency contracts |
10 | 1,260 | 21,369 | 6,057 | — | |||||||||||||||
Payables: |
||||||||||||||||||||
Cash collateral received for securities loaned (Note 2) |
9,176,539 | 19,740,558 | 28,456,502 | 29,817 | 970,995 | |||||||||||||||
Investment securities purchased |
— | 454,309 | 11,450 | 16,742 | — | |||||||||||||||
Capital shares redeemed |
1,586,160 | — | 22,721,255 | — | — | |||||||||||||||
Advisory fees (Note 3) |
220,853 | 618,117 | 908,984 | 827 | 18,269 | |||||||||||||||
Service fees (Note 2) |
3,037 | 8,499 | 6,349 | 8 | 250 | |||||||||||||||
Foreign capital gains tax |
— | 8,238,011 | — | 31 | 341,061 | |||||||||||||||
Total Liabilities |
10,986,599 | 31,859,388 | 52,125,909 | 53,482 | 1,335,533 | |||||||||||||||
NET ASSETS |
$ | 757,392,026 | $ | 2,131,284,867 | $ | 1,578,447,814 | $ | 1,956,681 | $ | 65,173,873 | ||||||||||
NET ASSETS: |
||||||||||||||||||||
Paid-in capital |
$ | 1,399,583,867 | $ | 3,173,419,868 | $ | 3,418,403,654 | $ | 3,392,708 | $ | 95,757,741 | ||||||||||
Total distributable earnings (loss) |
(642,191,841 | ) | (1,042,135,001 | ) | (1,839,955,840 | ) | (1,436,027 | ) | (30,583,868 | ) | ||||||||||
NET ASSETS |
$ | 757,392,026 | $ | 2,131,284,867 | $ | 1,578,447,814 | $ | 1,956,681 | $ | 65,173,873 | ||||||||||
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
23,875,000 | 85,600,000 | 48,000,000 | 100,000 | 3,400,000 | |||||||||||||||
Net asset value per share |
$ | 31.72 | $ | 24.90 | $ | 32.88 | $ | 19.57 | $ | 19.17 | ||||||||||
1 Includes market value of securities out on loan of: |
$ | 25,800,703 | $ | 102,016,376 | $ | 91,918,276 | $ | 27,889 | $ | 1,539,808 | ||||||||||
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: |
— | $ | 17,882 | $ | 41,141 | — | — |
See Notes to Financial Statements.
88 | WisdomTree Trust |
Statements of Assets and Liabilities (unaudited) (continued)
WisdomTree Trust
September 30, 2022
WisdomTree Emerging Markets Fund |
WisdomTree Global ex-U.S. Quality Dividend |
WisdomTree Global High Dividend Fund |
WisdomTree Growth Leaders Fund |
WisdomTree Fund (consolidated) |
||||||||||||||||
ASSETS: |
||||||||||||||||||||
Investments, at cost |
$ | 2,469,767,424 | $ | 550,924,665 | $ | 103,777,171 | $ | 14,675,790 | $ | 448,474,757 | ||||||||||
Investment in affiliates, at cost (Note 3) |
3,077,466 | — | 507,747 | — | 26,901 | |||||||||||||||
Foreign currency, at cost |
9,732,488 | 146,478 | 33,560 | 643 | 1,583,234 | |||||||||||||||
Investments in securities, at value1,2 (Note 2) |
2,172,256,315 | 411,871,274 | 94,792,017 | 9,271,603 | 703,514,963 | |||||||||||||||
Investment in affiliates, at value (Note 3) |
2,726,729 | — | 495,569 | — | 34,373 | |||||||||||||||
Cash |
— | 161,136 | 92,326 | 15,398 | 201,564 | |||||||||||||||
Foreign currency, at value |
9,619,313 | 144,017 | 33,211 | 618 | 1,556,360 | |||||||||||||||
Receivables: |
||||||||||||||||||||
Investment securities sold |
878,833 | — | 312,991 | — | — | |||||||||||||||
Capital shares sold |
11,958,401 | — | — | — | — | |||||||||||||||
Dividends |
13,733,801 | 998,597 | 327,034 | — | 674,757 | |||||||||||||||
Securities lending income |
622,293 | 18,950 | 2,721 | 570 | — | |||||||||||||||
Interest |
— | — | — | — | 177 | |||||||||||||||
Foreign tax reclaims |
62,787 | 835,399 | 53,245 | — | — | |||||||||||||||
Total Assets |
2,211,858,472 | 414,029,373 | 96,109,114 | 9,288,189 | 705,982,194 | |||||||||||||||
LIABILITIES: |
||||||||||||||||||||
Due to custodian |
6,781,893 | — | — | — | — | |||||||||||||||
Foreign currency due to custodian, at value |
— | — | — | — | — | |||||||||||||||
Unrealized depreciation on foreign currency contracts |
1,365 | — | — | — | — | |||||||||||||||
Payables: |
||||||||||||||||||||
Cash collateral received for securities loaned (Note 2) |
52,287,848 | 39,046,000 | 5,165,421 | 135,368 | — | |||||||||||||||
Investment securities purchased |
11,713,874 | — | 390,974 | — | — | |||||||||||||||
Advisory fees (Note 3) |
1,094,359 | 140,064 | 46,807 | 1,654 | 491,148 | |||||||||||||||
Service fees (Note 2) |
8,341 | 1,469 | 354 | 36 | 2,604 | |||||||||||||||
Foreign capital gains tax |
1,303,871 | 61,551 | 2,936 | — | 18,773,831 | |||||||||||||||
Total Liabilities |
73,191,551 | 39,249,084 | 5,606,492 | 137,058 | 19,267,583 | |||||||||||||||
NET ASSETS |
$ | 2,138,666,921 | $ | 374,780,289 | $ | 90,502,622 | $ | 9,151,131 | $ | 686,714,611 | ||||||||||
NET ASSETS: |
||||||||||||||||||||
Paid-in capital |
$ | 2,889,694,717 | $ | 525,597,018 | $ | 117,797,538 | $ | 16,536,738 | $ | 488,092,843 | ||||||||||
Total distributable earnings (loss) |
(751,027,796 | ) | (150,816,729 | ) | (27,294,916 | ) | (7,385,607 | ) | 198,621,768 | |||||||||||
NET ASSETS |
$ | 2,138,666,921 | $ | 374,780,289 | $ | 90,502,622 | $ | 9,151,131 | $ | 686,714,611 | ||||||||||
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
53,400,000 | 13,500,000 | 2,200,000 | 365,000 | 22,200,000 | |||||||||||||||
Net asset value per share |
$ | 40.05 | $ | 27.76 | $ | 41.14 | $ | 25.07 | $ | 30.93 | ||||||||||
1 Includes market value of securities out on loan of: |
$ | 278,197,787 | $ | 45,730,219 | $ | 6,500,044 | $ | 429,518 | — | |||||||||||
2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information). |
|
See Notes to Financial Statements.
WisdomTree Trust | 89 |
Statements of Assets and Liabilities (unaudited) (concluded)
WisdomTree Trust
September 30, 2022
WisdomTree ex-State-Owned Fund |
WisdomTree New Economy Real Estate Fund |
|||||||
ASSETS: |
||||||||
Investments, at cost |
$ | 5,358,536 | $ | 41,845,461 | ||||
Foreign currency, at cost |
1,058 | 4,000 | ||||||
Investments in securities, at value1,2 (Note 2) |
6,468,829 | 31,696,256 | ||||||
Cash |
5,250 | 66,236 | ||||||
Foreign currency, at value |
1,040 | 3,917 | ||||||
Unrealized appreciation on foreign currency contracts |
— | 56 | ||||||
Receivables: |
||||||||
Dividends |
603 | 94,112 | ||||||
Securities lending income |
— | 632 | ||||||
Interest |
432 | — | ||||||
Foreign tax reclaims |
— | 41,496 | ||||||
Total Assets |
6,476,154 | 31,902,705 | ||||||
LIABILITIES: |
||||||||
Unrealized depreciation on foreign currency contracts |
— | 18 | ||||||
Payables: |
||||||||
Cash collateral received for securities loaned (Note 2) |
— | 1,304,477 | ||||||
Investment securities purchased |
— | 41,427 | ||||||
Advisory fees (Note 3) |
3,126 | 17,032 | ||||||
Service fees (Note 2) |
24 | 129 | ||||||
Foreign capital gains tax |
157,677 | — | ||||||
Total Liabilities |
160,827 | 1,363,083 | ||||||
NET ASSETS |
$ | 6,315,327 | $ | 30,539,622 | ||||
NET ASSETS: |
||||||||
Paid-in capital |
$ | 5,635,572 | $ | 84,160,622 | ||||
Total distributable earnings (loss) |
679,755 | (53,621,000 | ) | |||||
NET ASSETS |
$ | 6,315,327 | $ | 30,539,622 | ||||
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
200,000 | 1,950,000 | ||||||
Net asset value per share |
$ | 31.58 | $ | 15.66 | ||||
1 Includes market value of securities out on loan of: |
— | $ | 2,497,587 | |||||
2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information). |
See Notes to Financial Statements.
90 | WisdomTree Trust |
Statements of Operations (unaudited)
WisdomTree Trust
For the Six Months Ended September 30, 2022
WisdomTree China ex-State-Owned Enterprises Fund |
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund |
WisdomTree Emerging Markets High Dividend Fund |
WisdomTree Multifactor |
WisdomTree Quality |
||||||||||||||||
INVESTMENT INCOME: |
|
|||||||||||||||||||
Dividends |
$ | 9,360,678 | $ | 45,524,605 | $ | 132,036,767 | $ | 86,346 | $ | 2,242,941 | ||||||||||
Dividends from affiliates (Note 3) |
— | — | 22,665 | — | — | |||||||||||||||
Interest |
— | 1,402 | — | 185 | 61 | |||||||||||||||
Non-cash dividends |
— | 325,145 | 350,147 | 105 | — | |||||||||||||||
Securities lending income, net (Note 2) |
215,406 | 888,734 | 763,580 | 68 | 12,737 | |||||||||||||||
Less: Foreign withholding taxes on dividends |
(554,176 | ) | (6,609,783 | ) | (12,839,037 | ) | (10,096 | ) | (242,161 | ) | ||||||||||
Total investment income |
9,021,908 | 40,130,103 | 120,334,122 | 76,608 | 2,013,578 | |||||||||||||||
EXPENSES: |
||||||||||||||||||||
Advisory fees (Note 3) |
1,352,820 | 4,282,174 | 5,934,798 | 5,244 | 119,147 | |||||||||||||||
Service fees (Note 2) |
18,601 | 58,880 | 41,449 | 48 | 1,638 | |||||||||||||||
Total expenses |
1,371,421 | 4,341,054 | 5,976,247 | 5,292 | 120,785 | |||||||||||||||
Expense waivers (Note 3) |
— | — | (1,636 | ) | — | — | ||||||||||||||
Net expenses |
1,371,421 | 4,341,054 | 5,974,611 | 5,292 | 120,785 | |||||||||||||||
Net investment income |
7,650,487 | 35,789,049 | 114,359,511 | 71,316 | 1,892,793 | |||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
Net realized gain (loss) from: |
||||||||||||||||||||
Investment transactions1 |
(34,712,885 | ) | (104,075,212 | ) | (48,019,988 | ) | (160,375 | ) | (1,122,820 | ) | ||||||||||
Investment transactions in affiliates (Note 3) |
— | — | (158,512 | ) | — | — | ||||||||||||||
In-kind redemptions |
460,401 | 9,179,160 | 1,124,949 | — | 214,052 | |||||||||||||||
Foreign currency contracts |
790,772 | 4,449 | (706,572 | ) | 90,506 | 16,219 | ||||||||||||||
Foreign currency related transactions |
(323,461 | ) | (1,590,364 | ) | (1,689,781 | ) | 1,498 | (70,812 | ) | |||||||||||
Net realized loss |
(33,785,173 | ) | (96,481,967 | ) | (49,449,904 | ) | (68,371 | ) | (963,361 | ) | ||||||||||
Net increase (decrease) in unrealized appreciation/depreciation: |
||||||||||||||||||||
Investment transactions2 |
(184,400,340 | ) | (650,953,367 | ) | (492,648,663 | ) | (385,540 | ) | (21,480,990 | ) | ||||||||||
Investment transactions in affiliates (Note 3) |
— | — | (26,477 | ) | — | — | ||||||||||||||
Foreign currency contracts |
661 | (1,260 | ) | (16,901 | ) | 24,262 | 11 | |||||||||||||
Translation of assets and liabilities denominated in foreign currencies |
(448,058 | ) | 259,733 | (320,980 | ) | (231 | ) | (4,697 | ) | |||||||||||
Net decrease in unrealized appreciation/depreciation |
(184,847,737 | ) | (650,694,894 | ) | (493,013,021 | ) | (361,509 | ) | (21,485,676 | ) | ||||||||||
Net realized and unrealized loss on investments |
(218,632,910 | ) | (747,176,861 | ) | (542,462,925 | ) | (429,880 | ) | (22,449,037 | ) | ||||||||||
NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (210,982,423 | ) | $ | (711,387,812 | ) | $ | (428,103,414 | ) | $ | (358,564 | ) | $ | (20,556,244 | ) | |||||
1 Net of foreign capital gains tax of: |
— | $ | 2,551,067 | — | $ | 553 | $ | 37,000 | ||||||||||||
2 Includes net increase (decrease) in accrued foreign capital gain taxes of: |
— | $ | (3,256,579 | ) | $ | (272,905 | ) | $ | (3,209 | ) | $ | (171,064 | ) |
See Notes to Financial Statements.
WisdomTree Trust | 91 |
Statements of Operations (unaudited) (continued)
WisdomTree Trust
For the Six Months Ended September 30, 2022
WisdomTree Emerging Markets SmallCap Dividend Fund |
WisdomTree Global ex-U.S. Quality Dividend Growth Fund |
WisdomTree Global High Dividend Fund |
WisdomTree Growth Leaders Fund |
WisdomTree India Earnings Fund (consolidated) |
||||||||||||||||
INVESTMENT INCOME: |
|
|||||||||||||||||||
Dividends |
$ | 101,936,852 | $ | 12,605,275 | $ | 2,371,937 | $ | 15,407 | $ | 10,856,413 | ||||||||||
Dividends from affiliates (Note 3) |
1,538,350 | 166,240 | 14,003 | — | 682 | |||||||||||||||
Interest |
59 | — | — | — | 307 | |||||||||||||||
Non-cash dividends |
1,424,920 | 3,981,438 | 121,696 | — | — | |||||||||||||||
Securities lending income, net (Note 2) |
4,075,458 | 152,700 | 12,000 | 4,341 | — | |||||||||||||||
Less: Foreign withholding taxes on dividends |
(13,968,828 | ) | (1,219,568 | ) | (126,305 | ) | — | (2,321,767 | ) | |||||||||||
Total investment income |
95,006,811 | 15,686,085 | 2,393,331 | 19,748 | 8,535,635 | |||||||||||||||
EXPENSES: |
||||||||||||||||||||
Advisory fees (Note 3) |
6,942,750 | 982,143 | 245,718 | 11,221 | 3,140,342 | |||||||||||||||
Service fees (Note 2) |
52,668 | 10,289 | 1,864 | 247 | 16,648 | |||||||||||||||
Interest expense (Note 8) |
— | — | — | — | 122,039 | |||||||||||||||
Total expenses |
6,995,418 | 992,432 | 247,582 | 11,468 | 3,279,029 | |||||||||||||||
Expense waivers (Note 3) |
(16,639 | ) | (853 | ) | — | — | (69 | ) | ||||||||||||
Net expenses |
6,978,779 | 991,579 | 247,582 | 11,468 | 3,278,960 | |||||||||||||||
Net investment income |
88,028,032 | 14,694,506 | 2,145,749 | 8,280 | 5,256,675 | |||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
Net realized gain (loss) from: |
||||||||||||||||||||
Investment transactions1 |
(26,838,005 | ) | (5,260,810 | ) | (393,134 | ) | (1,471,944 | ) | 55,345,580 | |||||||||||
Investment transactions in affiliates (Note 3) |
(5,210,396 | ) | (727,962 | ) | (84,601 | ) | — | — | ||||||||||||
In-kind redemptions |
— | 4,760,261 | — | (315,975 | ) | — | ||||||||||||||
Foreign currency contracts |
(802,204 | ) | (34,743 | ) | (27,741 | ) | (5,019 | ) | (145,601 | ) | ||||||||||
Foreign currency related transactions |
(1,134,488 | ) | (252,214 | ) | (16,825 | ) | 4,687 | (775,901 | ) | |||||||||||
Net realized gain (loss) |
(33,985,093 | ) | (1,515,468 | ) | (522,301 | ) | (1,788,251 | ) | 54,424,078 | |||||||||||
Net increase (decrease) in unrealized appreciation/depreciation: |
||||||||||||||||||||
Investment transactions2 |
(632,300,266 | ) | (167,836,039 | ) | (17,143,918 | ) | (3,066,687 | ) | (146,024,084 | ) | ||||||||||
Investment transactions in affiliates (Note 3) |
(652,236 | ) | (13,234 | ) | (12,465 | ) | — | (3,783 | ) | |||||||||||
Foreign currency contracts |
(1,365 | ) | 1,394 | — | — | — | ||||||||||||||
Translation of assets and liabilities denominated in foreign currencies |
(626,394 | ) | (105,015 | ) | (6,657 | ) | (92 | ) | (56,837 | ) | ||||||||||
Net decrease in unrealized appreciation/depreciation |
(633,580,261 | ) | (167,952,894 | ) | (17,163,040 | ) | (3,066,779 | ) | (146,084,704 | ) | ||||||||||
Net realized and unrealized loss on investments |
(667,565,354 | ) | (169,468,362 | ) | (17,685,341 | ) | (4,855,030 | ) | (91,660,626 | ) | ||||||||||
NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (579,537,322 | ) | $ | (154,773,856 | ) | $ | (15,539,592 | ) | $ | (4,846,750 | ) | $ | (86,403,951 | ) | |||||
1 Net of foreign capital gains tax of: |
— | $ | 112,314 | — | — | $ | 6,421,330 | |||||||||||||
2 Includes net increase (decrease) in accrued foreign capital gain taxes of: |
$ | (305,768 | ) | $ | (542,855 | ) | $ | 2,580 | — | $ | (12,819,710 | ) |
See Notes to Financial Statements.
92 | WisdomTree Trust |
Statements of Operations (unaudited) (concluded)
WisdomTree Trust
For the Six Months Ended September 30, 2022
WisdomTree India ex-State-Owned Enterprises Fund |
WisdomTree New Economy Real Estate Fund |
|||||||
INVESTMENT INCOME: |
| |||||||
Dividends |
$ | 54,231 | $ | 603,528 | ||||
Interest |
481 | — | ||||||
Non-cash dividends |
— | 10,230 | ||||||
Securities lending income, net (Note 2) |
— | 5,161 | ||||||
Less: Foreign withholding taxes on dividends |
(12,388 | ) | (23,105 | ) | ||||
Total investment income |
42,324 | 595,814 | ||||||
EXPENSES: |
||||||||
Advisory fees (Note 3) |
18,836 | 124,202 | ||||||
Service fees (Note 2) |
143 | 942 | ||||||
Total expenses |
18,979 | 125,144 | ||||||
Net investment income |
23,345 | 470,670 | ||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||
Net realized gain (loss) from: |
||||||||
Investment transactions1 |
(24,219 | ) | (6,859,750 | ) | ||||
In-kind redemptions |
— | (392,250 | ) | |||||
Foreign currency contracts |
(393 | ) | 232,674 | |||||
Foreign currency related transactions |
(1,095 | ) | (256,569 | ) | ||||
Net realized loss |
(25,707 | ) | (7,275,895 | ) | ||||
Net increase (decrease) in unrealized appreciation/depreciation: |
||||||||
Investment transactions2 |
(534,613 | ) | (9,498,967 | ) | ||||
Foreign currency contracts |
— | (16 | ) | |||||
Translation of assets and liabilities denominated in foreign currencies |
(50 | ) | (5,122 | ) | ||||
Net decrease in unrealized appreciation/depreciation |
(534,663 | ) | (9,504,105 | ) | ||||
Net realized and unrealized loss on investments |
(560,370 | ) | (16,780,000 | ) | ||||
NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | (537,025 | ) | $ | (16,309,330 | ) | ||
1 Net of foreign capital gains tax of: |
$ | 6,547 | $ | 807 | ||||
2 Includes net increase (decrease) in accrued foreign capital gain taxes of: |
$ | (19,078 | ) | $ | (347 | ) |
See Notes to Financial Statements.
WisdomTree Trust | 93 |
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, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For
the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
|||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
| |||||||||||||||||||||||
Net investment income |
$ | 7,650,487 | $ | 11,106,857 | $ | 35,789,049 | $ | 69,570,311 | $ | 114,359,511 | $ | 121,539,001 | ||||||||||||
Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions |
(33,785,173 | ) | (87,004,581 | ) | (96,481,967 | ) | (75,601,254 | ) | (49,449,904 | ) | 160,658,095 | |||||||||||||
Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies |
(184,847,737 | ) | (383,920,005 | ) | (650,694,894 | ) | (719,116,750 | ) | (493,013,021 | ) | (183,094,360 | ) | ||||||||||||
Net increase from payment by affiliate |
— | — | — | 83,629 | — | — | ||||||||||||||||||
Net increase (decrease) in net assets resulting from operations |
(210,982,423 | ) | (459,817,729 | ) | (711,387,812 | ) | (725,064,064 | ) | (428,103,414 | ) | 99,102,736 | |||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
| |||||||||||||||||||||||
Distributable earnings |
(7,628,500 | ) | (10,485,930 | ) | (52,252,500 | ) | (62,418,244 | ) | (110,853,000 | ) | (121,113,777 | ) | ||||||||||||
CAPITAL SHARE TRANSACTIONS: |
| |||||||||||||||||||||||
Net proceeds from sale of shares |
148,750,629 | 529,146,692 | 16,749,145 | 219,724,718 | 60,582,187 | 273,134,390 | ||||||||||||||||||
Cost of shares redeemed |
(8,027,784 | ) | (138,255,251 | ) | (441,689,616 | ) | (832,312,478 | ) | (63,023,370 | ) | (47,979,758 | ) | ||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions |
140,722,845 | 390,891,441 | (424,940,471 | ) | (612,587,760 | ) | (2,441,183 | ) | 225,154,632 | |||||||||||||||
Net Increase (Decrease) in Net Assets |
(77,888,078 | ) | (79,412,218 | ) | (1,188,580,783 | ) | (1,400,070,068 | ) | (541,397,597 | ) | 203,143,591 | |||||||||||||
NET ASSETS: |
| |||||||||||||||||||||||
Beginning of period |
$ | 835,280,104 | $ | 914,692,322 | $ | 3,319,865,650 | $ | 4,719,935,718 | $ | 2,119,845,411 | $ | 1,916,701,820 | ||||||||||||
End of period |
$ | 757,392,026 | $ | 835,280,104 | $ | 2,131,284,867 | $ | 3,319,865,650 | $ | 1,578,447,814 | $ | 2,119,845,411 | ||||||||||||
SHARES CREATED AD REDEEMED: |
| |||||||||||||||||||||||
Shares outstanding, beginning of period |
20,425,000 | 14,200,000 | 100,300,000 | 117,100,000 | 48,200,000 | 43,300,000 | ||||||||||||||||||
Shares created |
3,675,000 | 8,875,000 | 500,000 | 5,300,000 | 1,600,000 | 6,000,000 | ||||||||||||||||||
Shares redeemed |
(225,000 | ) | (2,650,000 | ) | (15,200,000 | ) | (22,100,000 | ) | (1,800,000 | ) | (1,100,000 | ) | ||||||||||||
Shares outstanding, end of period |
23,875,000 | 20,425,000 | 85,600,000 | 100,300,000 | 48,000,000 | 48,200,000 |
See Notes to Financial Statements.
94 | 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 September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For
the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
|||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
| |||||||||||||||||||||||
Net investment income |
$ | 71,316 | $ | 157,172 | $ | 1,892,793 | $ | 2,694,963 | $ | 88,028,032 | $ | 85,237,971 | ||||||||||||
Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions |
(68,371 | ) | 411,928 | (963,361 | ) | 1,538,462 | (33,985,093 | ) | 135,477,592 | |||||||||||||||
Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies |
(361,509 | ) | (668,717 | ) | (21,485,676 | ) | (12,236,312 | ) | (633,580,261 | ) | (23,627,110 | ) | ||||||||||||
Net increase (decrease) in net assets resulting from operations |
(358,564 | ) | (99,617 | ) | (20,556,244 | ) | (8,002,887 | ) | (579,537,322 | ) | 197,088,453 | |||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
| |||||||||||||||||||||||
Distributable earnings |
(51,000 | ) | (134,000 | ) | (2,652,000 | ) | (2,582,002 | ) | (97,677,500 | ) | (91,424,730 | ) | ||||||||||||
CAPITAL SHARE TRANSACTIONS: |
| |||||||||||||||||||||||
Net proceeds from sale of shares |
— | — | 6,405,371 | 2,859,531 | 240,289,867 | 534,715,596 | ||||||||||||||||||
Cost of shares redeemed |
— | (2,561,737 | ) | (4,728,434 | ) | — | — | — | ||||||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions |
— | (2,561,737 | ) | 1,676,937 | 2,859,531 | 240,289,867 | 534,715,596 | |||||||||||||||||
Net Increase (Decrease) in Net Assets |
(409,564 | ) | (2,795,354 | ) | (21,531,307 | ) | (7,725,358 | ) | (436,924,955 | ) | 640,379,319 | |||||||||||||
NET ASSETS: |
| |||||||||||||||||||||||
Beginning of period |
$ | 2,366,245 | $ | 5,161,599 | $ | 86,705,180 | $ | 94,430,538 | $ | 2,575,591,876 | $ | 1,935,212,557 | ||||||||||||
End of period |
$ | 1,956,681 | $ | 2,366,245 | $ | 65,173,873 | $ | 86,705,180 | $ | 2,138,666,921 | $ | 2,575,591,876 | ||||||||||||
SHARES CREATED AND REDEEMED: |
| |||||||||||||||||||||||
Shares outstanding, beginning of period |
100,000 | 200,000 | 3,300,000 | 3,200,000 | 48,200,000 | 38,100,000 | ||||||||||||||||||
Shares created |
— | — | 300,000 | 100,000 | 5,200,000 | 10,100,000 | ||||||||||||||||||
Shares redeemed |
— | (100,000 | ) | (200,000 | ) | — | — | — | ||||||||||||||||
Shares outstanding, end of period |
100,000 | 100,000 | 3,400,000 | 3,300,000 | 53,400,000 | 48,200,000 |
See Notes to Financial Statements.
WisdomTree Trust | 95 |
Statements of Changes in Net Assets (continued)
WisdomTree Trust
WisdomTree Global ex-U.S. Quality Dividend Growth Fund |
WisdomTree Global High Dividend Fund |
WisdomTree Growth Leaders Fund |
||||||||||||||||||||||
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For
the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
|||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
Net investment income |
$ | 14,694,506 | $ | 10,808,007 | $ | 2,145,749 | $ | 2,708,774 | $ | 8,280 | $ | 3,955 | ||||||||||||
Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions |
(1,515,468 | ) | 31,560,593 | (522,301 | ) | 6,299,464 | (1,788,251 | ) | 189,499 | |||||||||||||||
Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies |
(167,952,894 | ) | (29,687,264 | ) | (17,163,040 | ) | (1,056,457 | ) | (3,066,779 | ) | (3,284,795 | ) | ||||||||||||
Net increase (decrease) in net assets resulting from operations |
(154,773,856 | ) | 12,681,336 | (15,539,592 | ) | 7,951,781 | (4,846,750 | ) | (3,091,341 | ) | ||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
|
|||||||||||||||||||||||
Distributable earnings |
(14,628,000 | ) | (9,420,001 | ) | (2,083,000 | ) | (2,682,732 | ) | — | (5,287 | ) | |||||||||||||
CAPITAL SHARE TRANSACTIONS: |
|
|||||||||||||||||||||||
Net proceeds from sale of shares |
31,697,338 | 258,196,116 | 39,235,882 | 19,674,154 | — | 5,203,072 | ||||||||||||||||||
Cost of shares redeemed |
(54,753,979 | ) | (49,348,920 | ) | — | (21,694,612 | ) | (1,358,592 | ) | (1,160,393 | ) | |||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions |
(23,056,641 | ) | 208,847,196 | 39,235,882 | (2,020,458 | ) | (1,358,592 | ) | 4,042,679 | |||||||||||||||
Net Increase (Decrease) in Net Assets |
(192,458,497 | ) | 212,108,531 | 21,613,290 | 3,248,591 | (6,205,342 | ) | 946,051 | ||||||||||||||||
NET ASSETS: |
|
|||||||||||||||||||||||
Beginning of period |
$ | 567,238,786 | $ | 355,130,255 | $ | 68,889,332 | $ | 65,640,741 | $ | 15,356,473 | $ | 14,410,422 | ||||||||||||
End of period |
$ | 374,780,289 | $ | 567,238,786 | $ | 90,502,622 | $ | 68,889,332 | $ | 9,151,131 | $ | 15,356,473 | ||||||||||||
SHARES CREATED AND REDEEMED: |
|
|||||||||||||||||||||||
Shares outstanding, beginning of period |
14,200,000 | 9,200,000 | 1 | 1,350,000 | 1,400,000 | 415,000 | 325,004 | |||||||||||||||||
Shares created |
1,000,000 | 6,200,000 | 1 | 850,000 | 400,000 | — | 115,000 | |||||||||||||||||
Shares redeemed |
(1,700,000 | ) | (1,200,000 | )1 | — | (450,000 | ) | (50,000 | ) | (25,004 | ) | |||||||||||||
Shares outstanding, end of period |
13,500,000 | 14,200,000 | 1 | 2,200,000 | 1,350,000 | 365,000 | 415,000 |
1 |
Shares were adjusted to reflect a 2:1 stock split effective June 9, 2021. |
See Notes to Financial Statements.
96 | WisdomTree Trust |
Statements of Changes in Net Assets (concluded)
WisdomTree Trust
WisdomTree India Earnings
Fund (consolidated) |
WisdomTree India ex-State-Owned Enterprises Fund |
WisdomTree New Economy Real Estate Fund |
||||||||||||||||||||||
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
|||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
Net investment income |
$ | 5,256,675 | $ | 9,762,244 | $ | 23,345 | $ | 6,395 | $ | 470,670 | $ | 2,675,619 | ||||||||||||
Net realized gain (loss) on investments and foreign currency related transactions |
54,424,078 | 92,498,238 | (25,707 | ) | (55,786 | ) | (7,275,895 | ) | 521,832 | |||||||||||||||
Net increase (decrease) in unrealized appreciation/depreciation on investments and translation of assets and liabilities denominated in foreign currencies |
(146,084,704 | ) | 34,978,873 | (534,663 | ) | 668,560 | (9,504,105 | ) | (6,993,362 | ) | ||||||||||||||
Net increase from payment by affiliate |
— | 3,791 | — | — | — | — | ||||||||||||||||||
Net increase (decrease) in net assets resulting from operations |
(86,403,951 | ) | 137,243,146 | (537,025 | ) | 619,169 | (16,309,330 | ) | (3,795,911 | ) | ||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
|
|||||||||||||||||||||||
Distributable earnings |
(40,595,106 | ) | (12,894,200 | ) | (124,000 | ) | (1,470 | ) | (420,750 | ) | (3,737,023 | ) | ||||||||||||
CAPITAL SHARE TRANSACTIONS: |
|
|||||||||||||||||||||||
Net proceeds from sale of shares |
6,486,293 | 82,707,196 | — | 1,809,189 | — | 1,325,684 | ||||||||||||||||||
Cost of shares redeemed |
(86,614,038 | ) | (101,040,011 | ) | — | — | (7,580,615 | ) | (2,653,067 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions |
(80,127,745 | ) | (18,332,815 | ) | — | 1,809,189 | (7,580,615 | ) | (1,327,383 | ) | ||||||||||||||
Net Increase (Decrease) in Net Assets |
(207,126,802 | ) | 106,016,131 | (661,025 | ) | 2,426,888 | (24,310,695 | ) | (8,860,317 | ) | ||||||||||||||
NET ASSETS: |
|
|||||||||||||||||||||||
Beginning of period |
$ | 893,841,413 | $ | 787,825,282 | $ | 6,976,352 | $ | 4,549,464 | $ | 54,850,317 | $ | 63,710,634 | ||||||||||||
End of period |
$ | 686,714,611 | $ | 893,841,413 | $ | 6,315,327 | $ | 6,976,352 | $ | 30,539,622 | $ | 54,850,317 | ||||||||||||
SHARES CREATED AND REDEEMED: |
|
|||||||||||||||||||||||
Shares outstanding, beginning of period |
24,600,000 | 25,200,000 | 200,000 | 150,000 | 2,350,000 | 2,400,000 | ||||||||||||||||||
Shares created |
200,000 | 2,200,000 | — | 50,000 | — | 50,000 | ||||||||||||||||||
Shares redeemed |
(2,600,000 | ) | (2,800,000 | ) | — | — | (400,000 | ) | (100,000 | ) | ||||||||||||||
Shares outstanding, end of period |
22,200,000 | 24,600,000 | 200,000 | 200,000 | 1,950,000 | 2,350,000 |
See Notes to Financial Statements.
WisdomTree Trust | 97 |
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, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
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 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 40.89 | $ | 64.41 | $ | 38.44 | $ | 38.84 | $ | 43.62 | $ | 28.59 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income2 |
0.35 | 0.60 | 0.23 | 0.39 | 0.49 | 0.06 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(9.18 | ) | (23.54 | ) | 26.10 | (0.39 | ) | (4.82 | ) | 15.28 | ||||||||||||||
Total from investment operations |
(8.83 | ) | (22.94 | ) | 26.33 | 0.00 | 3 | (4.33 | ) | 15.34 | ||||||||||||||
Dividends and distributions to shareholders: |
||||||||||||||||||||||||
Net investment income |
(0.34 | ) | (0.58 | ) | (0.35 | ) | (0.40 | ) | (0.45 | ) | (0.31 | ) | ||||||||||||
Tax return of capital |
— | — | (0.01 | ) | — | (0.00 | )3 | — | ||||||||||||||||
Total dividends and distributions to shareholders |
(0.34 | ) | (0.58 | ) | (0.36 | ) | (0.40 | ) | (0.45 | ) | (0.31 | ) | ||||||||||||
Net asset value, end of period |
$ | 31.72 | $ | 40.89 | $ | 64.41 | $ | 38.44 | $ | 38.84 | $ | 43.62 | ||||||||||||
TOTAL RETURN4 |
(21.75 | )% | (35.81 | )% | 68.71 | % | 0.07 | % | (9.91 | )% | 53.95 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 757,392 | $ | 835,280 | $ | 914,692 | $ | 188,351 | $ | 143,699 | $ | 215,928 | ||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses, net of expense waivers |
0.32 | %5 | 0.32 | % | 0.32 | %6 | 0.32 | %7 | 0.32 | %7 | 0.33 | %7,8 | ||||||||||||
Expenses, prior to expense waivers |
0.32 | %5 | 0.32 | % | 0.38 | % | 0.63 | % | 0.63 | % | 0.63 | % | ||||||||||||
Net investment income |
1.81 | %5 | 1.10 | % | 0.37 | % | 1.03 | % | 1.31 | % | 0.14 | % | ||||||||||||
Portfolio turnover rate9 |
5 | % | 36 | % | 20 | % | 22 | % | 35 | % | 20 | % |
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund |
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 33.10 | $ | 40.31 | $ | 24.40 | $ | 28.79 | $ | 31.99 | $ | 24.72 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income2 |
0.39 | 0.62 | 0.41 | 0.62 | 0.42 | 0.28 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(7.99 | ) | (7.28 | ) | 15.91 | (4.38 | ) | (3.20 | ) | 7.20 | ||||||||||||||
Net increase from payment by affiliate |
— | 0.00 | 3 | 0.00 | 3 | — | 0.00 | 3 | — | |||||||||||||||
Total from investment operations |
(7.60 | ) | (6.66 | ) | 16.32 | (3.76 | ) | (2.78 | ) | 7.48 | ||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(0.60 | ) | (0.55 | ) | (0.41 | ) | (0.63 | ) | (0.42 | ) | (0.21 | ) | ||||||||||||
Net asset value, end of period |
$ | 24.90 | $ | 33.10 | $ | 40.31 | $ | 24.40 | $ | 28.79 | $ | 31.99 | ||||||||||||
TOTAL RETURN4 |
(23.12 | )% | (16.70 | )%10 | 67.18 | %11 | (13.36 | )% | (8.64 | )%11 | 30.30 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 2,131,285 | $ | 3,319,866 | $ | 4,719,936 | $ | 809,991 | $ | 305,184 | $ | 92,776 | ||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses, net of expense waivers |
0.32 | %5 | 0.32 | % | 0.32 | %6 | 0.32 | %7 | 0.32 | %7 | 0.33 | %7 | ||||||||||||
Expenses, prior to expense waivers |
0.32 | %5 | 0.32 | % | 0.37 | % | 0.58 | % | 0.58 | % | 0.58 | % | ||||||||||||
Net investment income |
2.67 | %5 | 1.62 | % | 1.11 | % | 2.14 | % | 1.51 | % | 0.92 | % | ||||||||||||
Portfolio turnover rate9 |
4 | % | 18 | % | 34 | % | 19 | % | 24 | % | 68 | % |
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 investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been unchanged. |
11 |
Includes a reimbursement from the sub-advisor for an operational error that resulted in investment transaction losses. Excluding the reimbursement, total return would have been unchanged. |
See Notes to Financial Statements.
98 | 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, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 43.98 | $ | 44.27 | $ | 32.45 | $ | 43.72 | $ | 47.35 | $ | 40.69 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income1 |
2.35 | 2.75 | 1.76 | 2.10 | 1.84 | 1.67 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(11.18 | ) | (0.30 | ) | 11.93 | (11.25 | ) | (3.57 | ) | 6.65 | ||||||||||||||
Total from investment operations |
(8.83 | ) | 2.45 | 13.69 | (9.15 | ) | (1.73 | ) | 8.32 | |||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(2.27 | ) | (2.74 | ) | (1.87 | ) | (2.12 | ) | (1.90 | ) | (1.66 | ) | ||||||||||||
Net asset value, end of period |
$ | 32.88 | $ | 43.98 | $ | 44.27 | $ | 32.45 | $ | 43.72 | $ | 47.35 | ||||||||||||
TOTAL RETURN2 |
(20.21 | )% | 5.65 | % | 43.37 | % | (22.06 | )% | (3.51 | )% | 20.98 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 1,578,448 | $ | 2,119,845 | $ | 1,916,702 | $ | 1,638,935 | $ | 2,173,006 | $ | 2,282,176 | ||||||||||||
Ratios to average net assets3 of: |
||||||||||||||||||||||||
Expenses4 |
0.63 | %5 | 0.64 | %6 | 0.63 | % | 0.63 | % | 0.63 | % | 0.63 | % | ||||||||||||
Net investment income |
12.14 | %5 | 6.16 | % | 4.58 | % | 4.91 | % | 4.23 | % | 3.81 | % | ||||||||||||
Portfolio turnover rate7 |
7 | % | 53 | % | 62 | % | 41 | % | 44 | % | 41 | % |
WisdomTree Emerging Markets Multifactor Fund |
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the
Period August 10, 2018* through March 31, 2019 |
|||||||||||||||
Net asset value, beginning of period |
$ | 23.66 | $ | 25.81 | $ | 17.75 | $ | 23.61 | $ | 24.68 | ||||||||||
Investment operations: |
||||||||||||||||||||
Net investment income1 |
0.71 | 1.01 | 0.56 | 0.73 | 0.29 | |||||||||||||||
Net realized and unrealized gain (loss) |
(4.29 | ) | (2.44 | ) | 7.90 | (5.91 | ) | (1.16 | ) | |||||||||||
Total from investment operations |
(3.58 | ) | (1.43 | ) | 8.46 | (5.18 | ) | (0.87 | ) | |||||||||||
Dividends to shareholders: |
||||||||||||||||||||
Net investment income |
(0.51 | ) | (0.72 | ) | (0.40 | ) | (0.68 | ) | (0.20 | ) | ||||||||||
Net asset value, end of period |
$ | 19.57 | $ | 23.66 | $ | 25.81 | $ | 17.75 | $ | 23.61 | ||||||||||
TOTAL RETURN2 |
(15.19 | )% | (5.72 | )% | 48.12 | % | (22.44 | )% | (3.52 | )% | ||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 1,957 | $ | 2,366 | $ | 5,162 | $ | 7,102 | $ | 18,886 | ||||||||||
Ratios to average net assets of: |
||||||||||||||||||||
Expenses |
0.48 | %5 | 0.48 | %3,4 | 0.48 | %3,4 | 0.48 | % | 0.48 | %4,5 | ||||||||||
Net investment income |
6.53 | %5 | 3.91 | %3 | 2.51 | %3 | 3.24 | % | 1.97 | %5 | ||||||||||
Portfolio turnover rate7 |
65 | % | 115 | % | 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 |
Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.63%. |
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 | 99 |
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, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 26.27 | $ | 29.51 | $ | 19.43 | $ | 24.71 | $ | 26.94 | $ | 23.03 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income1 |
0.58 | 0.83 | 0.61 | 0.66 | 0.71 | 0.56 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(6.87 | ) | (3.28 | ) | 10.08 | (5.32 | ) | (2.30 | ) | 3.87 | ||||||||||||||
Total from investment operations |
(6.29 | ) | (2.45 | ) | 10.69 | (4.66 | ) | (1.59 | ) | 4.43 | ||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(0.81 | ) | (0.79 | ) | (0.61 | ) | (0.62 | ) | (0.64 | ) | (0.52 | ) | ||||||||||||
Net asset value, end of period |
$ | 19.17 | $ | 26.27 | $ | 29.51 | $ | 19.43 | $ | 24.71 | $ | 26.94 | ||||||||||||
TOTAL RETURN2 |
(24.20 | )% | (8.48 | )% | 55.66 | % | (19.30 | )% | (5.79 | )% | 19.44 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 65,174 | $ | 86,705 | $ | 94,431 | $ | 69,936 | $ | 69,189 | $ | 75,442 | ||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses, net of expense waivers |
0.32 | %3 | 0.32 | % | 0.32 | %4 | 0.32 | %5 | 0.32 | %5 | 0.39 | %5 | ||||||||||||
Expenses, prior to expense waivers |
0.32 | %3 | 0.32 | % | 0.42 | % | 0.63 | % | 0.63 | % | 0.63 | % | ||||||||||||
Net investment income |
5.08 | %3 | 2.89 | % | 2.38 | % | 2.74 | % | 2.93 | % | 2.17 | % | ||||||||||||
Portfolio turnover rate6 |
7 | % | 42 | % | 57 | % | 55 | % | 81 | % | 62 | % |
WisdomTree Emerging Markets SmallCap Dividend Fund |
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 53.44 | $ | 50.79 | $ | 32.98 | $ | 47.03 | $ | 53.47 | $ | 44.62 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income1 |
1.73 | 1.99 | 1.58 | 1.82 | 1.79 | 1.42 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(13.22 | ) | 2.80 | 18.04 | (14.02 | ) | (6.35 | ) | 8.89 | |||||||||||||||
Total from investment operations |
(11.49 | ) | 4.79 | 19.62 | (12.20 | ) | (4.56 | ) | 10.31 | |||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(1.90 | ) | (2.14 | ) | (1.81 | ) | (1.85 | ) | (1.88 | ) | (1.46 | ) | ||||||||||||
Net asset value, end of period |
$ | 40.05 | $ | 53.44 | $ | 50.79 | $ | 32.98 | $ | 47.03 | $ | 53.47 | ||||||||||||
TOTAL RETURN2 |
(21.71 | )% | 9.48 | % | 60.63 | % | (26.95 | )% | (8.40 | )% | 23.55 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 2,138,667 | $ | 2,575,592 | $ | 1,935,213 | $ | 1,216,850 | $ | 1,424,969 | $ | 1,743,104 | ||||||||||||
Ratios to average net assets7 of: |
||||||||||||||||||||||||
Expenses8 |
0.58 | %3 | 0.61 | %9,10 | 0.63 | % | 0.63 | % | 0.63 | % | 0.63 | % | ||||||||||||
Net investment income |
7.35 | %3 | 3.75 | % | 3.65 | % | 4.05 | % | 3.81 | % | 2.88 | % | ||||||||||||
Portfolio turnover rate6 |
3 | % | 45 | % | 59 | % | 47 | % | 40 | % | 48 | % |
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 |
The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged. |
9 |
Prior to September 1, 2021, the Fund’s annual advisory fee rate was 0.63% and, thereafter, was reduced to 0.58% per annum. |
10 |
Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.60%. |
See Notes to Financial Statements.
100 | 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, 2022 (unaudited) |
For the Year Ended March 31, 20221 |
For the Year Ended March 31, 20211 |
For the Year Ended March 31, 20201 |
For the Year Ended March 31, 20191 |
For the Year Ended March 31, 20181 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 39.95 | $ | 38.60 | $ | 26.57 | $ | 27.80 | $ | 29.52 | $ | 25.02 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income2 |
1.06 | 1.01 | 0.80 | 0.80 | 0.58 | 0.62 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(12.19 | ) | 1.15 | 11.94 | (1.31 | ) | (1.67 | ) | 4.40 | |||||||||||||||
Total from investment operations |
(11.13 | ) | 2.16 | 12.74 | (0.51 | ) | (1.09 | ) | 5.02 | |||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(1.06 | ) | (0.81 | ) | (0.71 | ) | (0.72 | ) | (0.63 | ) | (0.52 | ) | ||||||||||||
Net asset value, end of period |
$ | 27.76 | $ | 39.95 | $ | 38.60 | $ | 26.57 | $ | 27.80 | $ | 29.52 | ||||||||||||
TOTAL RETURN3 |
(28.04 | )% | 5.57 | % | 48.25 | % | (2.01 | )% | (3.65 | )% | 20.18 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 374,780 | $ | 567,239 | $ | 355,130 | $ | 95,661 | $ | 72,280 | $ | 70,841 | ||||||||||||
Ratios to average net assets4 of: |
||||||||||||||||||||||||
Expenses |
0.42 | %5 | 0.54 | %6,7,8 | 0.58 | % | 0.58 | %6 | 0.58 | %6 | 0.58 | %6 | ||||||||||||
Net investment income |
6.28 | %5 | 2.44 | % | 2.29 | % | 2.68 | % | 2.11 | % | 2.20 | % | ||||||||||||
Portfolio turnover rate9 |
6 | % | 59 | % | 56 | % | 56 | % | 60 | % | 67 | % |
WisdomTree Global High Dividend Fund |
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 51.03 | $ | 46.89 | $ | 34.33 | $ | 46.11 | $ | 46.38 | $ | 44.75 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income2 |
1.19 | 1.95 | 1.63 | 1.78 | 1.77 | 1.59 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(9.97 | ) | 4.02 | 12.62 | (11.79 | ) | (0.18 | ) | 1.54 | |||||||||||||||
Total from investment operations |
(8.78 | ) | 5.97 | 14.25 | (10.01 | ) | 1.59 | 3.13 | ||||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(1.11 | ) | (1.83 | ) | (1.69 | ) | (1.77 | ) | (1.86 | ) | (1.50 | ) | ||||||||||||
Net asset value, end of period |
$ | 41.14 | $ | 51.03 | $ | 46.89 | $ | 34.33 | $ | 46.11 | $ | 46.38 | ||||||||||||
TOTAL RETURN3 |
(17.34 | )% | 12.96 | % | 42.38 | % | (22.46 | )% | 3.59 | % | 7.02 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 90,503 | $ | 68,889 | $ | 65,641 | $ | 66,952 | $ | 92,227 | $ | 104,358 | ||||||||||||
Ratios to average net assets4 of: |
||||||||||||||||||||||||
Expenses6 |
0.58 | %5 | 0.58 | %10 | 0.58 | % | 0.58 | % | 0.58 | % | 0.58 | % | ||||||||||||
Net investment income |
5.06 | %5 | 3.98 | % | 4.05 | % | 3.88 | % | 3.86 | % | 3.41 | % | ||||||||||||
Portfolio turnover rate9 |
5 | % | 39 | % | 48 | % | 32 | % | 19 | % | 21 | % |
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, 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 |
Prior to January 1, 2022, the Fund’s annual advisory fee rate was 0.58% and, thereafter, was reduced to 0.42% per annum. |
8 |
Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been unchanged. |
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 |
Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been unchanged. |
See Notes to Financial Statements.
WisdomTree Trust | 101 |
Financial Highlights (continued)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
WisdomTree Growth Leaders Fund | For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Year Ended March 31, 20211 |
For the Period May 22, 2019* through March 31, 2020 |
||||||||||||
Net asset value, beginning of period |
$ | 37.00 | $ | 44.34 | $ | 23.34 | $ | 24.80 | ||||||||
Investment operations: |
||||||||||||||||
Net investment income2 |
0.02 | 0.01 | 0.03 | 0.06 | ||||||||||||
Net realized and unrealized gain (loss) |
(11.95 | ) | (7.34 | ) | 21.02 | (1.44 | ) | |||||||||
Total from investment operations |
(11.93 | ) | (7.33 | ) | 21.05 | (1.38 | ) | |||||||||
Dividends to shareholders: |
||||||||||||||||
Net investment income |
— | (0.01 | ) | (0.05 | ) | (0.08 | ) | |||||||||
Net asset value, end of period |
$ | 25.07 | $ | 37.00 | $ | 44.34 | $ | 23.34 | ||||||||
TOTAL RETURN3 |
(32.24 | )% | (16.53 | )% | 90.18 | % | (5.61 | )% | ||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 9,151 | $ | 15,356 | $ | 14,410 | $ | 1,751 | ||||||||
Ratios to average net assets of: |
||||||||||||||||
Expenses |
0.20 | %4 | 0.20 | % | 0.24 | %5 | 0.45 | %4 | ||||||||
Net investment income |
0.15 | %4 | 0.02 | % | 0.08 | % | 0.27 | %4 | ||||||||
Portfolio turnover rate6 |
21 | % | 52 | % | 40 | % | 9 | % |
WisdomTree India Earnings Fund (consolidated) |
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 36.34 | $ | 31.26 | $ | 16.19 | $ | 26.26 | $ | 25.88 | $ | 24.07 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income2 |
0.23 | 0.38 | 0.16 | 0.30 | 0.28 | 0.24 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(3.79 | ) | 5.20 | 15.16 | (10.18 | ) | 0.45 | 1.79 | ||||||||||||||||
Net increase from payment by affiliate |
— | 0.00 | 7 | — | — | — | — | |||||||||||||||||
Total from investment operations |
(3.56 | ) | 5.58 | 15.32 | (9.88 | ) | 0.73 | 2.03 | ||||||||||||||||
Dividends and distributions to shareholders: |
||||||||||||||||||||||||
Net investment income |
(1.85 | ) | (0.50 | ) | (0.25 | ) | (0.19 | ) | (0.34 | ) | (0.22 | ) | ||||||||||||
Tax return of capital |
— | — | — | — | (0.01 | ) | — | |||||||||||||||||
Total dividends and distributions to shareholders |
(1.85 | ) | (0.50 | ) | (0.25 | ) | (0.19 | ) | (0.35 | ) | (0.22 | ) | ||||||||||||
Net asset value, end of period |
$ | 30.93 | $ | 36.34 | $ | 31.26 | $ | 16.19 | $ | 26.26 | $ | 25.88 | ||||||||||||
TOTAL RETURN3 |
(9.57 | )% | 17.85 | %8 | 95.10 | % | (37.84 | )% | 2.89 | % | 8.46 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 686,715 | $ | 893,841 | $ | 787,825 | $ | 563,317 | $ | 1,323,424 | $ | 1,671,567 | ||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses |
0.87 | %4,9,10,11 | 0.84 | %10,11,12 | 0.84 | %10,11,12 | 0.84 | %10,11,12 | 0.85 | %12 | 0.84 | %12 | ||||||||||||
Net investment income |
1.39 | %4,10 | 1.07 | %10 | 0.67 | %10 | 1.22 | %10 | 1.14 | % | 0.91 | % | ||||||||||||
Portfolio turnover rate6 |
22 | % | 30 | % | 23 | % | 32 | % | 37 | % | 22 | % |
* |
Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market. |
1 |
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. |
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 India Earnings Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3). |
4 |
Annualized. |
5 |
Prior to August 1, 2020, the Fund’s net expense ratio was 0.45% and, thereafter, was reduced to 0.20% per annum. |
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 |
Amount represents less than $0.005. |
8 |
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 0.04% lower. |
9 |
Includes interest expense of 0.03% for the six months ended September 30, 2022. |
10 |
The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests. |
11 |
The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged. |
12 |
Includes interest expense of 0.01% for the fiscal year. |
See Notes to Financial Statements.
102 | WisdomTree Trust |
Financial Highlights (concluded)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
WisdomTree India ex-State-Owned
Enterprises Fund |
For the Six Months Ended September 30, 2022 (unaudited) |
For the Year Ended March 31, 2022 |
For the Year Ended March 31, 2021 |
For the Period April 4, 2019* through March 31, 2020 |
||||||||||||
Net asset value, beginning of period |
$ | 34.88 | $ | 30.33 | $ | 17.64 | $ | 24.67 | ||||||||
Investment operations: |
||||||||||||||||
Net investment income1 |
0.12 | 0.04 | 0.05 | 0.19 | ||||||||||||
Net realized and unrealized gain (loss) |
(2.80 | ) | 4.52 | 12.69 | (7.22 | ) | ||||||||||
Total from investment operations |
(2.68 | ) | 4.56 | 12.74 | (7.03 | ) | ||||||||||
Dividends to shareholders: |
||||||||||||||||
Net investment income |
(0.62 | ) | (0.01 | ) | (0.05 | ) | — | |||||||||
Net asset value, end of period |
$ | 31.58 | $ | 34.88 | $ | 30.33 | $ | 17.64 | ||||||||
TOTAL RETURN2 |
(7.59 | )% | 15.04 | % | 72.25 | % | (28.50 | )% | ||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 6,315 | $ | 6,976 | $ | 4,549 | $ | 882 | ||||||||
Ratios to average net assets of: |
||||||||||||||||
Expenses |
0.58 | %3 | 0.58 | % | 0.58 | % | 0.58 | %3 | ||||||||
Net investment income |
0.72 | %3 | 0.11 | % | 0.20 | % | 0.80 | %3 | ||||||||
Portfolio turnover rate4 |
0.00 | %5 | 15 | % | 36 | % | 82 | % |
WisdomTree New Economy Real Estate Fund |
For the Six Months Ended September 30, 2022 (unaudited)6 |
For the Year Ended March 31, 2022 |
For the Year Ended March 31, 2021 |
For the Year Ended March 31, 2020 |
For the Year Ended March 31, 2019 |
For the Year Ended March 31, 2018 |
||||||||||||||||||
Net asset value, beginning of period |
$ | 23.34 | $ | 26.55 | $ | 22.11 | $ | 32.15 | $ | 32.04 | $ | 28.16 | ||||||||||||
Investment operations: |
||||||||||||||||||||||||
Net investment income1 |
0.22 | 1.14 | 0.89 | 1.13 | 1.12 | 1.11 | ||||||||||||||||||
Net realized and unrealized gain (loss) |
(7.69 | ) | (2.74 | ) | 4.35 | (8.79 | ) | 0.24 | 4.92 | |||||||||||||||
Total from investment operations |
(7.47 | ) | (1.60 | ) | 5.24 | (7.66 | ) | 1.36 | 6.03 | |||||||||||||||
Dividends to shareholders: |
||||||||||||||||||||||||
Net investment income |
(0.21 | ) | (1.61 | ) | (0.80 | ) | (2.38 | ) | (1.25 | ) | (2.15 | ) | ||||||||||||
Net asset value, end of period |
$ | 15.66 | $ | 23.34 | $ | 26.55 | $ | 22.11 | $ | 32.15 | $ | 32.04 | ||||||||||||
TOTAL RETURN2 |
(32.11 | )% | (6.45 | )% | 23.92 | % | (25.74 | )% | 4.51 | % | 21.90 | % | ||||||||||||
RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||||||||||
Net assets, end of period (000’s omitted) |
$ | 30,540 | $ | 54,850 | $ | 63,711 | $ | 80,703 | $ | 114,146 | $ | 107,329 | ||||||||||||
Ratios to average net assets of: |
||||||||||||||||||||||||
Expenses |
0.58 | %3 | 0.59 | %7 | 0.58 | % | 0.58 | %8 | 0.58 | %8 | 0.58 | %8 | ||||||||||||
Net investment income |
2.20 | %3 | 4.48 | % | 3.59 | % | 3.75 | %8 | 3.72 | %8 | 3.56 | %8 | ||||||||||||
Portfolio turnover rate4 |
125 | % | 7 | % | 39 | % | 21 | % | 17 | % | 23 | % |
* |
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. |
3 |
Annualized. |
4 |
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. |
5 |
Amount represents less than 1%. |
6 |
The information reflects the investment objective and strategy of the WisdomTree Global ex-U.S. Real Estate Fund through April 20, 2022 and the investment objective and strategy of the WisdomTree New Economy Real Estate Fund thereafter. The increase in the portfolio turnover rate was primarily a result of the aforementioned investment objective and strategy change. |
7 |
Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%. |
8 |
The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests. |
See Notes to Financial Statements.
WisdomTree Trust | 103 |
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 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 | |||
WisdomTree New Economy Real Estate Fund (“New Economy Real Estate Fund”) (formerly, WisdomTree Global ex-U.S. Real Estate Fund) |
June 5, 2007 |
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, Inc. (“WisdomTree”) or an Index developed by a third party. 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. WisdomTree 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 and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified as defined under the 1940 Act. In the normal course of business, the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and believe such exposure to be remote.
2. SIGNIFICANT ACCOUNTING POLICIES
The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “Codification”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants.
The following is a summary of significant accounting policies followed by the Funds:
Use of Estimates — The preparation of financial statements in conformity with GAAP, requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.
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.
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
104 | WisdomTree Trust |
Notes to Financial Statements (unaudited) (continued)
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 yields and quoted prices from broker-dealers 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. 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)
The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.
WisdomTree Trust | 105 |
Notes to Financial Statements (unaudited) (continued)
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 and significant transfers into or out of Level 3 of the fair value hierarchy during the six months ended September 30,2022, if any are included in a “Fair Valuation Summary” supplementary table in each applicable Fund’s Schedule of Investments.
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, 2022 and open positions in such derivatives as of September 30, 2022 are detailed in each Fund’s Schedule of Investments. All of the derivative instruments disclosed and described herein are subject to credit risk. Credit risk is where the financial condition of an issuer of a security or instrument may cause it to default or become unable to pay interest or principal due on the security or where the counterparty to a derivative contract might default on its obligations. 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, 2022 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 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, 2022, if any, is reflected as a footnote within each Fund’s Schedule of Investments.
106 | WisdomTree Trust |
Notes to Financial Statements (unaudited) (continued)
As of September 30, 2022, the effects of such derivative instruments on each Fund’s financial position as reflected in the Statements of Assets and Liabilities are presented in the summary below:
Asset Derivatives | Liability Derivatives | |||||||||||
Fund | Balance Sheet Location | Value | Balance Sheet Location | Value | ||||||||
China ex-State-Owned Enterprises Fund |
| |||||||||||
Foreign currency risk |
Unrealized appreciation on foreign currency contracts |
$ | 1 | Unrealized depreciation on foreign currency contracts |
$ | 10 | ||||||
Emerging Markets ex-State-Owned Enterprises Fund |
| |||||||||||
Foreign currency risk |
Unrealized
appreciation on foreign currency contracts |
— | Unrealized
depreciation on foreign currency contracts |
1,260 | ||||||||
Emerging Markets High Dividend Fund |
| |||||||||||
Foreign currency risk |
Unrealized
appreciation on foreign currency contracts |
4,468 | Unrealized
depreciation on foreign currency contracts |
21,369 | ||||||||
Emerging Markets Multifactor Fund |
| |||||||||||
Foreign currency risk |
Unrealized
appreciation on foreign currency contracts |
27,742 | Unrealized
depreciation on foreign currency contracts |
6,057 | ||||||||
Emerging Markets Quality Dividend Growth Fund |
| |||||||||||
Foreign currency risk |
Unrealized
appreciation on foreign currency contracts |
11 | Unrealized
depreciation on foreign currency contracts |
— | ||||||||
Emerging Markets SmallCap Dividend Fund |
| |||||||||||
Foreign currency risk |
Unrealized
appreciation on foreign currency contracts |
— | Unrealized
depreciation on foreign currency contracts |
1,365 | ||||||||
New Economy Real Estate Fund |
| |||||||||||
Foreign currency risk |
Unrealized
appreciation on foreign currency contracts |
56 | Unrealized
depreciation on foreign currency contracts |
18 |
For the six months ended September 30, 2022, 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 |
$ | 790,772 | $ | 661 | ||||
Emerging Markets ex-State-Owned Enterprises Fund |
| |||||||
Foreign currency risk |
4,449 | (1,260 | ) | |||||
Emerging Markets High Dividend Fund |
| |||||||
Foreign currency risk |
(706,572 | ) | (16,901 | ) | ||||
Emerging Markets Multifactor Fund |
| |||||||
Foreign currency risk |
90,506 | 24,262 | ||||||
Emerging Markets Quality Dividend Growth Fund |
| |||||||
Foreign currency risk |
16,219 | 11 | ||||||
Emerging Markets SmallCap Dividend Fund |
| |||||||
Foreign currency risk |
(802,204 | ) | (1,365 | ) | ||||
Global ex-U.S. Quality Dividend Growth Fund |
| |||||||
Foreign currency risk |
(34,743 | ) | 1,394 | |||||
Global High Dividend Fund |
||||||||
Foreign currency risk |
(27,741 | ) | — | |||||
Growth Leaders Fund |
||||||||
Foreign currency risk |
(5,019 | ) | — | |||||
India Earnings Fund (consolidated) |
||||||||
Foreign currency risk |
(145,601 | ) | — | |||||
India ex-State-Owned Enterprises Fund |
||||||||
Foreign currency risk |
(393 | ) | — |
WisdomTree Trust | 107 |
Notes to Financial Statements (unaudited) (continued)
Fund | Amount of Realized Gain or (Loss) on Derivatives Recognized1 |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized2 |
||||||
New Economy Real Estate Fund |
||||||||
Foreign currency risk |
$ | 232,674 | $ | (16 | ) |
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 |
During the six months ended September 30, 2022, 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 |
$ | 1,295,148 | $ | 348,894 | ||||
Emerging Markets ex-State-Owned Enterprises Fund |
| |||||||
Foreign currency risk |
— | 2,211,398 | ||||||
Emerging Markets High Dividend Fund |
| |||||||
Foreign currency risk |
51,810 | 2,898,510 | ||||||
Emerging Markets Multifactor Fund |
| |||||||
Foreign currency risk |
850,239 | 2,464,514 | ||||||
Emerging Markets Quality Dividend Growth Fund |
| |||||||
Foreign currency risk |
— | 44,674 | ||||||
Emerging Markets SmallCap Dividend Fund |
| |||||||
Foreign currency risk |
298,311 | 1,167,591 | ||||||
Global ex-U.S. Quality Dividend Growth Fund |
| |||||||
Foreign currency risk |
599,075 | 171,010 | ||||||
Global High Dividend Fund |
| |||||||
Foreign currency risk |
13,289 | — | ||||||
Growth Leaders Fund |
| |||||||
Foreign currency risk1 |
10,122 | 52,789 | ||||||
India Earnings Fund (consolidated) |
| |||||||
Foreign currency risk1 |
44,439,366 | 24,299,290 | ||||||
India ex-State-Owned Enterprises Fund |
| |||||||
Foreign currency risk1 |
20,893 | 1,275 | ||||||
New Economy Real Estate Fund |
| |||||||
Foreign currency risk |
8,097 | 3,930 |
1 |
The volume of derivative activity for the period is based on intra-month balances |
Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income (less foreign taxes withheld, if any) is recognized on the ex-dividend date or as soon as practicable (with respect to foreign dividends) after the existence of a dividend declaration has been determined. Non-cash dividend income is recognized on the ex-dividend date, or as soon as practicable (with respect to foreign dividends) after the existence of a dividend declaration has been determined, at the fair value of securities to be received. 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), less 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
108 | WisdomTree Trust |
Notes to Financial Statements (unaudited) (continued)
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 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 period ended September 30, 2022, 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 international 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
WisdomTree Trust | 109 |
Notes to Financial Statements (unaudited) (continued)
market conducted directly between currency traders (usually large, commercial banks) and their customers. A foreign currency contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades.
Risks may arise upon entering into foreign currency contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.
Fluctuations in the value of open foreign currency contracts are recorded for book purposes as unrealized gains or losses on foreign currency contracts by the Funds and are included in “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts” on the Statements of Operations. Realized gains and losses on foreign currency contracts include net gains or losses recognized by the Funds on contracts which have settled are included in “net realized gain (loss)” from foreign currency contracts on the Statements of Operations.
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). 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
110 | WisdomTree Trust |
Notes to Financial Statements (unaudited) (continued)
Borrower collateral in the form of U.S. dollar cash and/or securities issued or guaranteed by the U.S. government or its agencies in excess of the market value of the securities loaned. Under the provisions of the Lending Agreement, a Fund shall have, as to the collateral, all of the rights and remedies of a secured party under applicable law. A Fund is exposed to risk of loss if a Borrower defaults on its obligation to return borrowed securities and the value of the collateral a Fund received is insufficient to cover the market value of the securities loaned. Also, the lending agent is permitted to invest the cash collateral it receives from a Borrower into a money market fund which is subject to market fluctuation. Therefore, a Fund is exposed to risk of loss if the value of invested cash collateral is insufficient to satisfy the Fund’s obligation to return the full amount owed to such Borrower. However, in the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.
For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to an ISDA Master Agreement or Lending Agreement, if any, in the Statements of Assets and Liabilities. Therefore, all qualifying transactions are presented on a gross basis in the Statements of Assets and Liabilities. As of September 30, 2022, the impact of netting of assets and liabilities and the offsetting of collateral pledged or received based on contractual netting/set-off provisions in the ISDA Master Agreement and the Lending Agreement are detailed in the following table:
Assets | Liabilities | |||||||||||||||||||||||||||||||
Gross Amounts in the Statements of Assets and Liabilities |
Gross Amounts Not Offset in the Statements of Assets and Liabilities |
Net Amount | Gross Amounts in the Statements of Assets and Liabilities |
Gross Amounts Not Offset in the Statements of Assets and Liabilities |
Net Amount | |||||||||||||||||||||||||||
Fund | Financial Instruments |
Collateral Received |
Financial Instruments |
Collateral Posted |
||||||||||||||||||||||||||||
China ex-State-Owned Enterprises Fund |
||||||||||||||||||||||||||||||||
Securities Lending |
$ | 25,800,703 | $ | — | $ | (25,800,703 | )1 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||
Foreign Currency Contracts |
1 | (1 | ) | — | — | 10 | (1 | ) | — | 9 | ||||||||||||||||||||||
Emerging Markets ex-State-Owned Enterprises Fund |
||||||||||||||||||||||||||||||||
Securities Lending |
102,016,376 | — | (102,016,376 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts |
— | — | — | — | 1,260 | — | — | 1,260 | ||||||||||||||||||||||||
Emerging Markets High Dividend Fund |
||||||||||||||||||||||||||||||||
Securities Lending |
91,918,276 | — | (91,918,276 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts |
4,468 | (4,156 | ) | — | 312 | 21,369 | (4,156 | ) | — | 17,213 | ||||||||||||||||||||||
Emerging Markets Multifactor Fund |
||||||||||||||||||||||||||||||||
Securities Lending |
27,889 | — | (27,889 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts |
27,742 | (5,697 | ) | — | 22,045 | 6,057 | (5,697 | ) | — | 360 | ||||||||||||||||||||||
Emerging Markets Quality Dividend Growth Fund |
||||||||||||||||||||||||||||||||
Securities Lending |
1,539,808 | — | (1,539,808 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts |
11 | — | — | 11 | — | — | — | — | ||||||||||||||||||||||||
Emerging Markets SmallCap Dividend Fund |
||||||||||||||||||||||||||||||||
Securities Lending |
278,197,787 | — | (278,197,787 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts |
— | — | — | — | 1,365 | — | — | 1,365 | ||||||||||||||||||||||||
Global ex-U.S. Quality Dividend Growth Fund |
||||||||||||||||||||||||||||||||
Securities Lending |
45,730,219 | — | (45,730,219 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Global High Dividend Fund |
||||||||||||||||||||||||||||||||
Securities Lending |
6,500,044 | — | (6,500,044 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Growth Leaders Fund |
||||||||||||||||||||||||||||||||
Securities Lending |
429,518 | — | (429,518 | )1 | — | — | — | — | — | |||||||||||||||||||||||
New Economy Real Estate Fund |
||||||||||||||||||||||||||||||||
Securities Lending |
2,497,587 | — | (2,497,587 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts |
56 | — | — | 56 | 18 | — | — | 18 |
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
WisdomTree Trust | 111 |
Notes to Financial Statements (unaudited) (continued)
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 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 (i.e., tax basis) which may differ to amounts determined under GAAP (i.e., book basis). These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions that exceed earnings and profit for tax purposes are reported for tax purposes as a return of capital. 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.
112 | 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 | % | ||
Global ex-U.S. Quality Dividend Growth Fund |
0.42 | % | ||
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 | % | ||
New Economy Real Estate Fund |
0.58 | % |
Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Transactions in shares of affiliated ETFs for the fiscal period ended September 30, 2022, 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 AFFEs (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 (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the six months ended September 30, 2022, 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, 2022 | For the fiscal period ended September 30, 2022 |
|||||||||||||||
Fund | Fund Shares held by WT |
Market Value of Fund Shares held by WT |
Dividends and Distributions paid to WT on Fund Shares held by WT |
|||||||||||||
Emerging Markets ex-State-Owned Enterprises Fund |
1,147 | $ | 28,239 | $ | 664 | |||||||||||
Emerging Markets High Dividend Fund |
204 | 6,636 | 440 | |||||||||||||
Emerging Markets Quality Dividend Growth Fund |
326 | 6,249 | 258 | |||||||||||||
Emerging Markets SmallCap Dividend Fund |
445 | 17,720 | 811 | |||||||||||||
Global ex-U.S. Quality Dividend Growth Fund |
166 | 4,563 | 160 | |||||||||||||
Growth Leaders Fund |
144 | 3,615 | — |
4. CAPITAL SHARE TRANSACTIONS
As of September 30, 2022, 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.
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, 2022 are shown in the following table. Realized gains and losses on
WisdomTree Trust | 113 |
Notes to Financial Statements (unaudited) (continued)
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 |
$ | 174,377,758 | $ | 39,541,352 | $ | 9,740,508 | $ | 4,450,411 | ||||||||
Emerging Markets ex-State-Owned Enterprises Fund |
99,180,544 | 382,584,133 | 6,036,312 | 161,926,563 | ||||||||||||
Emerging Markets High Dividend Fund |
135,062,379 | 122,670,375 | 7,239,641 | 25,357,285 | ||||||||||||
Emerging Markets Multifactor Fund |
1,533,010 | 1,403,866 | — | — | ||||||||||||
Emerging Markets Quality Dividend Growth Fund |
7,197,021 | 5,320,643 | 852,240 | 1,708,329 | ||||||||||||
Emerging Markets SmallCap Dividend Fund |
252,823,486 | 78,844,396 | 56,397,377 | — | ||||||||||||
Global ex-U.S. Quality Dividend Growth Fund |
26,839,303 | 26,666,355 | 22,367,464 | 45,129,055 | ||||||||||||
Global High Dividend Fund |
8,690,384 | 4,345,955 | 34,963,146 | — | ||||||||||||
Growth Leaders Fund |
2,402,539 | 2,402,190 | — | 1,355,220 | ||||||||||||
India Earnings Fund (consolidated) |
172,350,395 | 296,262,986 | — | — | ||||||||||||
India ex-State-Owned Enterprises Fund |
25,447 | 135,725 | — | — | ||||||||||||
New Economy Real Estate Fund |
53,965,094 | 53,340,969 | — | 8,033,543 |
6. FEDERAL INCOME TAXES
At September 30, 2022, the cost of investments (including securities on loan and derivatives) for Federal income tax purposes was as follows:
Investments in Long Securities | Investments in Financial Derivatives1 | |||||||||||||||||||||||||||||||||||
Fund | Tax Cost | Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Appreciation/ (Depreciation) |
Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized (Depreciation) |
Total Net (Depreciation) |
||||||||||||||||||||||||||||
China ex-State-Owned Enterprises Fund |
$ | 1,263,090,619 | $ | 13,990,209 | $ | (511,209,936 | ) | $ | (497,219,727 | ) | $ | 1 | $ | (4 | ) | $ | (3 | ) | $ | (497,219,730 | ) | |||||||||||||||
Emerging Markets ex-State-Owned Enterprises Fund |
2,862,937,160 | 194,061,048 | (902,911,553 | ) | (708,850,505 | ) | — | (1,260 | ) | (1,260 | ) | (708,851,765 | ) | |||||||||||||||||||||||
Emerging Markets High Dividend Fund |
1,927,971,215 | 103,521,593 | (437,721,751 | ) | (334,200,158 | ) | 4,468 | (18,595 | ) | (14,127 | ) | (334,214,285 | ) | |||||||||||||||||||||||
Emerging Markets Multifactor Fund |
2,265,026 | 75,214 | (369,508 | ) | (294,294 | ) | 8,815 | (1,314 | ) | 7,501 | (286,793 | ) | ||||||||||||||||||||||||
Emerging Markets Quality Dividend Growth Fund |
77,504,585 | 7,732,050 | (18,986,905 | ) | (11,254,855 | ) | 11 | — | 11 | (11,254,844 | ) | |||||||||||||||||||||||||
Emerging Markets SmallCap Dividend Fund |
2,502,217,839 | 177,951,229 | (505,186,024 | ) | (327,234,795 | ) | — | (1,365 | ) | (1,365 | ) | (327,236,160 | ) | |||||||||||||||||||||||
Global ex-U.S. Quality Dividend Growth Fund |
551,231,952 | 9,159,439 | (148,520,117 | ) | (139,360,678 | ) | — | — | — | (139,360,678 | ) | |||||||||||||||||||||||||
Global High Dividend Fund |
104,357,147 | 2,771,808 | (11,841,369 | ) | (9,069,561 | ) | — | — | — | (9,069,561 | ) | |||||||||||||||||||||||||
Growth Leaders Fund |
14,721,709 | 192,261 | (5,642,367 | ) | (5,450,106 | ) | — | — | — | (5,450,106 | ) | |||||||||||||||||||||||||
India Earnings Fund (consolidated) |
503,614,118 | 273,554,340 | (73,619,122 | ) | 199,935,218 | — | — | — | 199,935,218 | |||||||||||||||||||||||||||
India ex-State-Owned Enterprises Fund |
5,563,187 | 1,309,787 | (404,145 | ) | 905,642 | — | — | — | 905,642 | |||||||||||||||||||||||||||
New Economy Real Estate Fund |
44,779,779 | 57,484 | (13,141,007 | ) | (13,083,523 | ) | 56 | (11 | ) | 45 | (13,083,478 | ) |
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. |
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Notes to Financial Statements (unaudited) (continued)
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.
U.S. domiciled funds that invest in India are also subject to tax on capital gains in accordance with the provisions of India domestic tax law. India foreign capital gains tax liability accrued by the Funds and the Portfolio is reflected in the Statements of Assets and Liabilities in “Foreign capital gains tax”.
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, 2022, the India Earnings Fund had a demand note agreement with Bank of America, N.A. which allowed the Fund to borrow up to $250,000,000 with a final maturity date of September 29, 2022. During the period ended September 30, 2022, the Fund utilized the demand note and borrowed for a period of 5 days with an average outstanding note balance of $169,420,000 and a weighted average interest rate of 5.26% per annum. Interest expense related to the note for the period ended September 30, 2022 was $122,039. At September 30 ,2022, the Fund did not have any amounts outstanding under the demand note agreement.
9. RECENT REGULATORY UPDATE
Effective August 19, 2022, the Funds have adopted policies and procedures reasonably designed to comply with new regulations issued by the SEC governing the use of derivatives by registered investment companies (“Rule 18f-4”). Rule 18f-4 imposes limits on the amount of derivatives a fund can enter into, eliminates the asset segregation framework used by the Funds prior to August 19, 2022 to comply with Section 18 of the 1940 Act, and requires funds, whose use of derivatives is greater than a limited specified amount, to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. Rule 18f-4 has not had a material impact on the Funds’ financial statements.
The fair valuation Rule 2a-5 went into effect on September 8, 2022. The Rule sets forth requirements for determining the fair value of portfolio securities and establishes a framework focused on process, testing and oversight. The Rule allows fund boards to designate a valuation designee responsible for performing fair value determinations in good faith. WTAM has been designated as the Valuation Designee for the Funds and is responsible for assessing material risks, establishing fair value methodologies, testing the appropriateness and accuracy of the methodologies and overseeing third-party pricing vendors. Under the new fair valuation policies, WTAM is responsible for regular quarterly reporting of any material fair valuation matter, annual reporting on the adequacy of the Valuation Designee’s processes, and the prompt notification to the board of any material impact of the fair value process on portfolio investments.
10. RECENT ACCOUNTING PRONOUNCEMENT
In June 2022, the FASB issued Accounting Standards Update No. 2022-03 (“ASU 2022-03”), Fair Value Measurement (Topic 820) — Fair Value Measurement of Equity Securities Subject to Contractual Sales Restrictions. The amendments in ASU 2022-03 clarify that a contractual restriction on a sale of an equity security is not considered a part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also clarify that an entity cannot, as a separate unit of account, recognize and measure a contractual sale restriction. The amendments in ASU 2022-03 also require the following disclosures for equity securities
WisdomTree Trust | 115 |
Notes to Financial Statements (unaudited) (continued)
subject to contractual sale restrictions: (i) the fair value of equity securities subject to contractual sale restrictions reflected in the balance sheet, (ii) the nature and remaining duration of the restriction(s), and (iii) the circumstances that could cause a lapse in the restriction(s). The amendments in ASU 2022-03 are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years for public business entities (early adoption is also permitted). WTAM is currently evaluating the impact that the adoption of ASU 2202-03 will have on the Trust’s financial statements and related disclosures.
11. SUBSEQUENT EVENT
Effective November 7, 2022, WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund and exchange-traded product sponsor and asset manager, transferred the listing of its common stock to the New York Stock Exchange (“NYSE”) from The Nasdaq Global Select Market (“Nasdaq”). WisdomTree began trading on the NYSE under the new ticker symbol “WT” along with its new company name, WisdomTree, Inc.
12. ADDITIONAL INFORMATION
The respiratory disease caused by a novel coronavirus (“COVID-19”) has spread globally since 2019, 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.
* * * * *
Russia’s military invasion of Ukraine initiated in February 2022 and the economic and diplomatic responses by the United States and other countries have led to increased volatility and uncertainty in the financial markets and could continue to adversely affect regional and global economies for the foreseeable future. In response to Russia’s actions, the governments of the United States, the European Union, the United Kingdom, and many other countries collectively imposed heavy and broad-ranging economic sanctions on certain Russian individuals, corporate and banking entities, and other industries and businesses. The sanctions restrict companies from doing business with Russia and Russian companies, prohibit transactions with the Russian central bank and other key Russian financial institutions and entities, ban Russian airlines and ships from using many other countries’ airspace and ports, respectively, and place a freeze on certain Russian assets. The sanctions also removed some Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the electronic network that connects banks globally to facilitate cross-border payments. In addition, the United States has banned oil and other energy imports from Russia, and the United Kingdom made a commitment to phase out oil import from Russia by the end of 2022.
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Notes to Financial Statements (unaudited) (concluded)
These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts or changes in consumer or purchaser preferences or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities and securities of issuers in other countries that are subject to economic sanctions related to the invasion or otherwise adversely affected by the sanctions. To the extent a Fund has exposure to Russian investments or investments in countries affected by the invasion or the sanctions, the Fund’s ability to price, buy, sell, receive or deliver, or receive dividends and interest payments on such investments may be impaired. In certain circumstances, such as when there is no market for a security or other means of valuing or disposing of a security, a Fund may determine to value the affected security at zero. In addition, any exposure a Fund may have to counterparties in Russia or in countries affected by the invasion could negatively affect the Fund’s portfolio. The extent and duration of Russia’s military actions and the repercussions of such actions are impossible to predict, but could result in continued significant market disruptions, including in the oil and natural gas markets, and may negatively affect global supply chains, inflation and global growth. Further, an escalation of the military conflict beyond Ukraine’s borders could result in significant, long-lasting damage to the economies of Eastern and Western Europe as well as the global economy. These and any related events could significantly and adversely affect a Fund’s performance and the value of an investment in the Fund, even in the absence of direct exposure to Russian issuers or issuers in other countries affected by the invasion.
WisdomTree Trust | 117 |
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 19-20, 2022 (the “Meeting”), the Trustees, including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the renewal of (i) the Investment Advisory Agreements between WisdomTree Asset Management, Inc. (“WTAM”) and the Trust, on behalf of its applicable series (each, a “Fund,” and, collectively, the “Funds”), pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”), and (ii) the Sub-Advisory Agreement (the “Mellon Sub-Advisory Agreement”), pursuant to which Mellon Investments Corporation (“Mellon”) coordinates the investment and reinvestment of the assets of the applicable Funds, (together with the Advisory Agreements, the “Agreements”).
The Trustees requested, and WTAM provided, such information as the Trustees, with advice from counsel to the Trust and independent legal counsel, deemed reasonably necessary to evaluate the Agreements. At a meeting of a committee of Independent Trustees (the “Contracts Review Committee”) held on August 11, 2022, 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, 2022, 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
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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 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
WisdomTree Trust | 119 |
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.
120 | WisdomTree Trust |
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.
WisdomTree Trust | 121 |
The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.
There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country or region may be significantly impacted by events and developments associated with the region which can adversely affect performance. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility. Investments in emerging, offshore or frontier markets are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation and intervention or political developments. Investments in currency involve additional special risks, such as credit risk and interest rate fluctuations. Derivative investments can be volatile and these investments may be less liquid than other securities, and more sensitive to the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting such issuers. Dividends are not guaranteed, and a company currently paying dividends may cease paying dividends at any time. Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.
Indexes are unmanaged and you cannot invest directly in an index.
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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