Table of Contents
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-21864
WisdomTree Trust
(Exact name of Registrant as specified in charter)
380 Madison Avenue, 21st Floor
New York, NY 10017
(Address of principal executive offices) (Zip code)
The Corporation Trust Company
1209 Orange Street
Wilmington, DE 19801
(Name and address of agent for service)
Registrant’s telephone number, including area code: (866)-909-9473
Date of fiscal year end: March 31
Date of reporting period: September 30, 2009
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.
A Registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A Registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Table of Contents
| Item 1. | Report(s) to Stockholders. |
The Trust’s Semi-Annual Report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 is as follows:
Table of Contents
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WisdomTree Trust
Domestic Dividend Funds
Semi-Annual Report
For the six-month period ended September 30, 2009
WisdomTree Total Dividend Fund (DTD)
WisdomTree Equity Income Fund (DHS)
WisdomTree LargeCap Dividend Fund (DLN)
WisdomTree Dividend ex-Financials Fund (DTN)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
Table of Contents
| 1 | ||
| 8 | ||
| Schedules of Investments | ||
| 10 | ||
| 19 | ||
| 23 | ||
| 27 | ||
| 29 | ||
| 34 | ||
| 40 | ||
| 41 | ||
| 42 | ||
| 44 | ||
| 47 | ||
| 52 |
“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the Trust.
Table of Contents
Performance Summary (unaudited)
WisdomTree Total Dividend Fund (DTD)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| General Electric Co. |
4.4% | |
| Bank of America Corp. |
3.6% | |
| AT&T, Inc. |
3.1% | |
| Pfizer, Inc. |
2.8% | |
| JPMorgan Chase & Co. |
2.8% | |
| Exxon Mobil Corp. |
2.5% | |
| Microsoft Corp. |
2.1% | |
| Wells Fargo & Co. |
1.8% | |
| Johnson & Johnson |
1.8% | |
| Chevron Corp. |
1.8% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Total Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index.
The WisdomTree Total Dividend Fund returned 36.70% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Financials contributed most significantly to this performance, with an average weight of 22.02% of the Fund and returns of 70.38% over the period. Contributing least to the Fund’s performance was Telecommunication Services, which returned 10.41% over the period, with an average weight of 6.01% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 7 for the list of index definitions. The annual expense ratio of the Fund is 0.28%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Dividend Index |
Russell 3000 Index | |||||||||
| Six Months1 |
36.70 | % | 36.20 | % | 37.21 | % | 35.87 | % | ||||
| One Year |
-11.14 | % | -11.18 | % | -11.09 | % | -6.42 | % | ||||
| Three Year |
-7.26 | % | -7.26 | % | -6.86 | % | -5.05 | % | ||||
| Since Inception2 |
-4.32 | % | -4.37 | % | -3.99 | % | -2.75 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Domestic Dividend Funds | 1 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Equity Income Fund (DHS)
(Formerly WisdomTree High-Yielding Equity Fund)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| General Electric Co. |
9.2% | |
| Bank of America Corp. |
7.5% | |
| AT&T, Inc. |
6.5% | |
| Pfizer, Inc. |
5.9% | |
| JPMorgan Chase & Co. |
5.9% | |
| Philip Morris International, Inc. |
3.6% | |
| Wells Fargo & Co. |
3.5% | |
| Verizon Communications, Inc. |
3.4% | |
| Merck & Co., Inc. |
2.5% | |
| Altria Group, Inc. |
2.2% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Equity Income Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Equity Income Index.
The WisdomTree Equity Income Fund returned 48.72% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Financials contributed most significantly to this performance, with an average weight of 35.39% of the Fund and returns of 79.91% over the period. Contributing least to the Fund’s performance was Energy, which returned 43.20% over the period, with an average weight of 0.70% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 7 for the list of index definitions. The annual expense ratio of the Fund is 0.38%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Equity Income Index |
Russell 1000 Value Index |
|||||||||
| Six Months1 |
48.72 | % | 48.56 | % | 49.31 | % | 37.99 | % | ||||
| One Year |
-15.94 | % | -15.22 | % | -15.84 | % | -10.62 | % | ||||
| Three Year |
-11.27 | % | -11.29 | % | -11.10 | % | -7.86 | % | ||||
| Since Inception2 |
-7.68 | % | -7.70 | % | -7.52 | % | -4.84 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 2 | WisdomTree Domestic Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree LargeCap Dividend Fund (DLN)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| General Electric Co. |
5.1% | |
| Bank of America Corp. |
4.2% | |
| AT&T, Inc. |
3.6% | |
| Pfizer, Inc. |
3.3% | |
| JPMorgan Chase & Co. |
3.2% | |
| Exxon Mobil Corp. |
2.9% | |
| Microsoft Corp. |
2.5% | |
| Wells Fargo & Co. |
2.1% | |
| Johnson & Johnson |
2.1% | |
| Chevron Corp. |
2.1% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree LargeCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Dividend Index.
The WisdomTree LargeCap Dividend Fund returned 33.98% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Financials contributed most significantly to this performance, with an average weight of 19.22% of the Fund and returns of 74.71% over the period. Contributing least to the Fund’s performance was Telecommunication Services, which returned 9.44% over the period, with an average weight of 6.51% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 7 for the list of index definitions. The annual expense ratio of the Fund is 0.28%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree LargeCap Dividend Index |
S&P 500 Index |
|||||||||
| Six Months1 |
33.98 | % | 33.62 | % | 34.34 | % | 34.02 | % | ||||
| One Year |
-11.68 | % | -12.00 | % | -11.24 | % | -6.91 | % | ||||
| Three Year |
-7.59 | % | -7.65 | % | -7.17 | % | -5.42 | % | ||||
| Since Inception2 |
-4.49 | % | -4.60 | % | -4.16 | % | -2.90 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Domestic Dividend Funds | 3 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Dividend ex-Financials Fund (DTN)
(Formerly WisdomTree Dividend Top 100 Fund)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| CenturyTel, Inc. |
4.4% | |
| Windstream Corp. |
2.9% | |
| Pepco Holdings, Inc. |
2.2% | |
| NiSource, Inc. |
2.1% | |
| Reynolds American, Inc. |
2.1% | |
| Pinnacle West Capital Corp. |
1.8% | |
| Spectra Energy Corp. |
1.8% | |
| Oneok, Inc. |
1.7% | |
| Altria Group, Inc. |
1.7% | |
| DTE Energy Co. |
1.7% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Dividend ex-Financials Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Dividend ex-Financials Index. The WisdomTree Dividend ex-Financials Index measures the performance of high dividend-yielding stocks outside the financial sector. Prior to May 8, 2009, the WisdomTree Dividend ex-Financials Fund was named the WisdomTree Dividend Top 100 Fund and followed the investment objective of the WisdomTree Dividend Top 100 Index. The information on this page and throughout this financial report reflects the investment objective and strategy of the WisdomTree Dividend Top 100 Fund through May 7, 2009 and the investment objective and strategy of the WisdomTree Dividend ex-Financials Fund thereafter.
The WisdomTree Dividend ex-Financials Fund returned 44.61% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Financials contributed most significantly to this performance, with an average weight of 5.05% of the Fund and returns of 42.25% over the period. Contributing least to the Fund’s performance was Energy, which returned 20.29% over the period, with an average weight of 7.34% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 7 for the list of index definitions. The annual expense ratio of the Fund is 0.38%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
Spliced WisdomTree Index1 |
Dow Jones U.S. Select Dividend Index |
|||||||||
| Six Months2 |
44.61 | % | 44.51 | % | 45.24 | % | 34.46 | % | ||||
| One Year |
-12.89 | % | -12.89 | % | -12.99 | % | -18.37 | % | ||||
| Three Year |
-7.87 | % | -7.90 | % | -7.34 | % | -9.99 | % | ||||
| Since Inception3 |
-4.70 | % | -4.72 | % | -4.40 | % | -7.29 | % | ||||
| 1 | WisdomTree Dividend Top 100 Index through May 7, 2009; WisdomTree Dividend ex-Financials Index thereafter. |
| 2 | Returns of less than one year are cumulative. |
| 3 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 4 | WisdomTree Domestic Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree MidCap Dividend Fund (DON)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| ProLogis |
2.2% | |
| Hartford Financial Services Group, Inc. |
1.8% | |
| Gannett Co., Inc. |
1.8% | |
| Macy’s, Inc. |
1.2% | |
| Ventas, Inc. |
1.2% | |
| Masco Corp. |
1.1% | |
| Ltd. Brands, Inc. |
1.1% | |
| CenturyTel, Inc. |
1.1% | |
| Macerich Co. (The) |
1.1% | |
| R.R. Donnelley & Sons Co. |
1.0% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree MidCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree MidCap Dividend Index.
The WisdomTree MidCap Dividend Fund returned 52.93% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Financials contributed most significantly to this performance, with an average weight of 37.42% of the Fund and returns of 56.53% over the period. Contributing least to the Fund’s performance was Healthcare, which returned 33.53% over the period, with an average weight of 1.44% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 7 for the list of index definitions. The annual expense ratio of the Fund is 0.38%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree MidCap Dividend Index |
S&P MidCap 400 Index |
|||||||||
| Six Months1 |
52.93 | % | 52.54 | % | 53.41 | % | 42.47 | % | ||||
| One Year |
-7.16 | % | -7.51 | % | -7.22 | % | -3.11 | % | ||||
| Three Year |
-5.48 | % | -5.48 | % | -6.19 | % | -1.39 | % | ||||
| Since Inception2 |
-3.18 | % | -3.06 | % | -3.79 | % | -0.60 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Domestic Dividend Funds | 5 |
Table of Contents
Performance Summary (unaudited)
WisdomTree SmallCap Dividend Fund (DES)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| HRPT Properties Trust |
4.1% | |
| Ares Capital Corp. |
2.6% | |
| Brandywine Realty Trust |
2.1% | |
| Temple-Inland, Inc. |
1.3% | |
| Jones Apparel Group, Inc. |
1.2% | |
| BioMed Realty Trust, Inc. |
1.2% | |
| Student Loan Corp. (The) |
1.2% | |
| Williams-Sonoma, Inc. |
1.2% | |
| CBL & Associates Properties, Inc. |
1.1% | |
| Entertainment Properties Trust |
1.1% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree SmallCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Dividend Index.
The WisdomTree SmallCap Dividend Fund returned 59.61% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Financials contributed most significantly to this performance, with an average weight of 44.56% of the Fund and returns of 63.20% over the period. Contributing least to the Fund’s performance was Health Care, which returned 24.74% over the period, with an average weight of 1.23% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 7 for the list of index definitions. The annual expense ratio of the Fund is 0.38%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree SmallCap Dividend Index |
Russell 2000 Index | |||||||||
| Six Months1 |
59.61 | % | 58.85 | % | 60.14 | % | 43.95 | % | ||||
| One Year |
-11.23 | % | -10.58 | % | -10.26 | % | -9.55 | % | ||||
| Three Year |
-7.13 | % | -7.13 | % | -7.34 | % | -4.57 | % | ||||
| Since Inception2 |
-4.54 | % | -4.53 | % | -4.67 | % | -2.72 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 6 | WisdomTree Domestic Dividend Funds |
Table of Contents
Description of Indexes
Below are the descriptions of each index referenced in this Semi-Annual Report:
Correlated WisdomTree Indexes:
The WisdomTree Dividend Index is a fundamentally weighted index that defines the dividend-paying portion of the U.S. stock market.
The WisdomTree Equity Income Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index.
The WisdomTree LargeCap Dividend Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the U.S. dividend-paying market.
The WisdomTree Dividend Top 100 Index measures the performance of the 100 highest dividend-yielding companies in the WisdomTree LargeCap Dividend Index.
The WisdomTree Dividend ex-Financials Index measures the performance of high dividend-yielding stocks of primarily large-capitalization and mid-capitalization U.S. companies, outside the financial sector
The WisdomTree MidCap Dividend Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the U.S. dividend-paying market.
The WisdomTree SmallCap Dividend Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the U.S. dividend-paying market.
Benchmarks:
The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies, based on total market capitalization.
The Russell 1000 Value Index is a measure of the large-capitalization value segment of the U.S. equity universe, selecting from the Russell 1000 Index.
The Dow Jones Select Dividend Index measures the performance of 100 U.S. dividend-paying companies.
The S&P 500 Index is a capitalization-weighted index of 500 stocks selected by Standard & Poor’s Index Committee, designed to represent the performance of the leading industries in the United States economy.
The S&P Midcap 400 Index is a capitalization-weighted index that measures the performance of the mid-cap range of the U.S. stock market, with stocks selected by the Standard & Poor’s Index Committee.
The Russell 2000 Index measures performance of the smallest 2,000 securities in the Russell 3000 Index.
Index returns do not reflect expenses paid by the Fund. Index returns assume reinvestment of distributions. It is not possible to invest directly in an index.
| WisdomTree Domestic Dividend Funds | 7 |
Table of Contents
Shareholder Expense Examples (unaudited)
As a shareholder of a WisdomTree Fund, you incur two types of costs: (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 following example is 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 example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2009 to September 30, 2009.
Actual expenses
The first line under each Fund in the table on the next page 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 Period 4/01/09 to 9/30/09” to estimate the expenses you paid on your account during this period.
Hypothetical example for comparison purposes
The second line under each Fund in the table on the next page provides information about hypothetical account values and hypothetical expenses based on each 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 under each Fund 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.
| 8 | WisdomTree Domestic Dividend Funds |
Table of Contents
Shareholder Expense Examples (unaudited) (concluded)
| Beginning |
Ending |
Annualized |
Expenses Paid | |||||||||
| WisdomTree Total Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,367.00 | 0.28 | % | $ | 1.69 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.64 | 0.28 | % | $ | 1.44 | ||||
| WisdomTree Equity Income Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,487.20 | 0.38 | % | $ | 2.40 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.14 | 0.38 | % | $ | 1.95 | ||||
| WisdomTree LargeCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,339.80 | 0.28 | % | $ | 1.67 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.64 | 0.28 | % | $ | 1.44 | ||||
| WisdomTree Dividend ex-Financials Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,446.10 | 0.38 | % | $ | 2.36 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.14 | 0.38 | % | $ | 1.95 | ||||
| WisdomTree MidCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,529.26 | 0.38 | % | $ | 2.44 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.14 | 0.38 | % | $ | 1.95 | ||||
| WisdomTree SmallCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,596.10 | 0.38 | % | $ | 2.50 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.14 | 0.38 | % | $ | 1.95 | ||||
| † | Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/365 (to reflect the one-half year period). |
| WisdomTree Domestic Dividend Funds | 9 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.6% | |||||
| Advertising – 0.1% | |||||
| Harte-Hanks, Inc. |
1,696 | $ | 23,455 | ||
| Omnicom Group, Inc. |
2,819 | 104,134 | |||
| Total Advertising | 127,589 | ||||
| Aerospace/Defense – 2.2% | |||||
| Boeing Co. (The) |
11,774 | 637,562 | |||
| General Dynamics Corp. |
4,111 | 265,571 | |||
| Goodrich Corp. |
1,508 | 81,945 | |||
| L-3 Communications Holdings, Inc. |
888 | 71,324 | |||
| Lockheed Martin Corp. |
4,742 | 370,255 | |||
| Northrop Grumman Corp. |
5,164 | 267,237 | |||
| Raytheon Co. |
3,887 | 186,459 | |||
| Rockwell Collins, Inc. |
1,751 | 88,951 | |||
| United Technologies Corp. |
11,807 | 719,401 | |||
| Total Aerospace/Defense | 2,688,705 | ||||
| Agriculture – 3.6% | |||||
| Altria Group, Inc. |
71,673 | 1,276,496 | |||
| Archer-Daniels-Midland Co. |
4,985 | 145,662 | |||
| Lorillard, Inc. |
4,510 | 335,093 | |||
| Philip Morris International, Inc. |
43,731 | 2,131,449 | |||
| Reynolds American, Inc. |
9,992 | 444,844 | |||
| Universal Corp. |
681 | 28,479 | |||
| Vector Group Ltd.(a) |
3,688 | 57,459 | |||
| Total Agriculture | 4,419,482 | ||||
| Apparel – 0.4% | |||||
| Cherokee, Inc. |
1,335 | 32,000 | |||
| Columbia Sportswear Co.(a) |
315 | 12,965 | |||
| Jones Apparel Group, Inc. |
3,215 | 57,645 | |||
| NIKE, Inc. Class B |
2,982 | 192,935 | |||
| VF Corp. |
1,937 | 140,297 | |||
| Wolverine World Wide, Inc. |
532 | 13,215 | |||
| Total Apparel | 449,057 | ||||
| Auto Manufacturers – 0.1% | |||||
| PACCAR, Inc. |
3,901 | 147,107 | |||
| Auto Parts & Equipment – 0.2% | |||||
| Cooper Tire & Rubber Co. |
2,159 | 37,955 | |||
| Johnson Controls, Inc. |
7,298 | 186,537 | |||
| Total Auto Parts & Equipment | 224,492 | ||||
| Banks – 13.6% | |||||
| 1st Source Corp. |
818 | 13,333 | |||
| Associated Banc-Corp. |
3,643 | 41,603 | |||
| BancorpSouth, Inc. |
1,621 | 39,569 | |||
| Bank of America Corp. |
261,039 | 4,416,780 | |||
| Bank of Hawaii Corp. |
956 | 39,712 | |||
| Bank of New York Mellon Corp. (The) |
17,532 | 508,253 | |||
| BB&T Corp. |
16,043 | 437,011 | |||
| BOK Financial Corp. |
685 | 31,729 | |||
| Capital One Financial Corp. |
8,002 | 285,911 | |||
| Cathay General Bancorp |
577 | 4,668 | |||
| Chemical Financial Corp. |
700 | 15,253 | |||
| Investments | Shares | Value | |||
| City Holding Co. |
427 | $ | 12,729 | ||
| City National Corp. |
943 | 36,711 | |||
| Comerica, Inc. |
4,401 | 130,578 | |||
| Commerce Bancshares, Inc. |
804 | 29,941 | |||
| Community Bank System, Inc. |
765 | 13,977 | |||
| Community Trust Bancorp, Inc. |
618 | 16,173 | |||
| Cullen/Frost Bankers, Inc. |
744 | 38,420 | |||
| CVB Financial Corp.(a) |
1,628 | 12,356 | |||
| East West Bancorp, Inc. |
996 | 8,267 | |||
| Fifth Third Bancorp |
19,246 | 194,962 | |||
| First Busey Corp.(a) |
1,886 | 8,864 | |||
| First Commonwealth Financial Corp. |
2,524 | 14,336 | |||
| First Financial Bancorp |
1,977 | 23,823 | |||
| First Financial Bankshares, Inc. |
369 | 18,251 | |||
| First Midwest Bancorp, Inc. |
1,514 | 17,063 | |||
| FirstMerit Corp. |
2,118 | 40,305 | |||
| FNB Corp. |
3,242 | 23,051 | |||
| Fulton Financial Corp. |
4,988 | 36,712 | |||
| Glacier Bancorp, Inc.(a) |
996 | 14,880 | |||
| Goldman Sachs Group, Inc. (The) |
3,148 | 580,334 | |||
| Hancock Holding Co. |
435 | 16,343 | |||
| Harleysville National Corp. |
2,157 | 11,497 | |||
| Huntington Bancshares, Inc. |
12,175 | 57,344 | |||
| Iberiabank Corp. |
239 | 10,889 | |||
| International Bancshares Corp. |
1,157 | 18,871 | |||
| JPMorgan Chase & Co. |
78,267 | 3,429,660 | |||
| KeyCorp |
6,498 | 42,237 | |||
| M&T Bank Corp. |
2,336 | 145,579 | |||
| Marshall & Ilsley Corp. |
11,048 | 89,157 | |||
| MB Financial, Inc. |
551 | 11,554 | |||
| Morgan Stanley |
31,120 | 960,986 | |||
| National Penn Bancshares, Inc. |
2,046 | 12,501 | |||
| NBT Bancorp, Inc. |
614 | 13,840 | |||
| Northern Trust Corp. |
1,891 | 109,981 | |||
| Old National Bancorp |
1,885 | 21,112 | |||
| Park National Corp.(a) |
390 | 22,753 | |||
| PNC Financial Services Group, Inc. |
9,313 | 452,519 | |||
| Prosperity Bancshares, Inc. |
543 | 18,891 | |||
| Regions Financial Corp. |
14,652 | 90,989 | |||
| S&T Bancorp, Inc. |
580 | 7,517 | |||
| State Street Corp. |
4,277 | 224,970 | |||
| SunTrust Banks, Inc. |
11,037 | 248,884 | |||
| Susquehanna Bancshares, Inc. |
2,790 | 16,433 | |||
| Synovus Financial Corp. |
4,531 | 16,991 | |||
| TCF Financial Corp. |
4,599 | 59,971 | |||
| TrustCo Bank Corp. |
1,961 | 12,256 | |||
| Trustmark Corp. |
1,265 | 24,098 | |||
| U.S. Bancorp |
50,126 | 1,095,754 | |||
| UMB Financial Corp. |
372 | 15,044 | |||
| Umpqua Holdings Corp. |
1,692 | 17,935 | |||
| United Bankshares, Inc.(a) |
806 | 15,790 | |||
| Valley National Bancorp |
2,975 | 36,563 | |||
| Webster Financial Corp. |
2,443 | 30,464 | |||
| Wells Fargo & Co. |
79,836 | 2,249,778 | |||
See Notes to Financial Statements.
| 10 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| WesBanco, Inc. |
742 | $ | 11,471 | ||
| Westamerica Bancorp. |
447 | 23,244 | |||
| Whitney Holding Corp. |
1,631 | 15,560 | |||
| Wilmington Trust Corp. |
1,828 | 25,958 | |||
| Zions Bancorp. |
2,588 | 46,506 | |||
| Total Banks | 16,837,445 | ||||
| Beverages – 2.7% | |||||
| Brown-Forman Corp. Class A |
856 | 43,716 | |||
| Brown-Forman Corp. Class B |
745 | 35,924 | |||
| Coca-Cola Co. (The) |
33,222 | 1,784,021 | |||
| Coca-Cola Enterprises, Inc. |
5,064 | 108,420 | |||
| Molson Coors Brewing Co. Class B |
1,191 | 57,978 | |||
| Pepsi Bottling Group, Inc. |
2,840 | 103,490 | |||
| PepsiAmericas, Inc. |
1,630 | 46,553 | |||
| PepsiCo, Inc. |
20,476 | 1,201,122 | |||
| Total Beverages | 3,381,224 | ||||
| Building Materials – 0.2% | |||||
| Eagle Materials, Inc. |
417 | 11,918 | |||
| Lennox International, Inc. |
576 | 20,805 | |||
| Martin Marietta Materials, Inc. |
305 | 28,081 | |||
| Masco Corp. |
11,777 | 152,159 | |||
| Simpson Manufacturing Co., Inc. |
438 | 11,064 | |||
| Total Building Materials | 224,027 | ||||
| Chemicals – 2.9% | |||||
| Air Products & Chemicals, Inc. |
3,262 | 253,066 | |||
| Airgas, Inc. |
591 | 28,587 | |||
| Albemarle Corp. |
1,035 | 35,811 | |||
| Arch Chemicals, Inc. |
436 | 13,076 | |||
| Ashland, Inc. |
902 | 38,984 | |||
| Cabot Corp. |
1,509 | 34,873 | |||
| Celanese Corp. Series A |
903 | 22,575 | |||
| CF Industries Holdings, Inc. |
236 | 20,350 | |||
| Cytec Industries, Inc. |
529 | 17,177 | |||
| Dow Chemical Co. (The) |
32,467 | 846,415 | |||
| E.I. Du Pont de Nemours & Co. |
24,107 | 774,799 | |||
| Eastman Chemical Co. |
1,810 | 96,907 | |||
| Ecolab, Inc. |
1,428 | 66,016 | |||
| FMC Corp. |
386 | 21,713 | |||
| Huntsman Corp. |
11,637 | 106,013 | |||
| Innophos Holdings, Inc. |
854 | 15,799 | |||
| International Flavors & Fragrances, Inc. |
1,144 | 43,392 | |||
| Lubrizol Corp. |
1,064 | 76,033 | |||
| Monsanto Co. |
3,076 | 238,082 | |||
| Mosaic Co. (The) |
1,148 | 55,184 | |||
| Olin Corp. |
1,642 | 28,636 | |||
| PPG Industries, Inc. |
3,489 | 203,095 | |||
| Praxair, Inc. |
3,307 | 270,149 | |||
| RPM International, Inc. |
3,521 | 65,103 | |||
| Sensient Technologies Corp. |
804 | 22,327 | |||
| Sherwin-Williams Co. (The) |
1,241 | 74,659 | |||
| Sigma-Aldrich Corp. |
670 | 36,167 | |||
| Terra Industries, Inc. |
1,128 | 39,108 | |||
| Investments | Shares | Value | |||
| Valhi, Inc. |
1,466 | $ | 17,768 | ||
| Valspar Corp. (The) |
1,437 | 39,532 | |||
| Westlake Chemical Corp. |
663 | 17,039 | |||
| Total Chemicals | 3,618,435 | ||||
| Coal – 0.1% | |||||
| Arch Coal, Inc. |
1,161 | 25,693 | |||
| Consol Energy, Inc. |
1,158 | 52,237 | |||
| Massey Energy Co. |
847 | 23,623 | |||
| Peabody Energy Corp. |
1,308 | 48,684 | |||
| Walter Energy, Inc. |
497 | 29,850 | |||
| Total Coal | 180,087 | ||||
| Commercial Services – 1.2% | |||||
| ABM Industries, Inc. |
866 | 18,221 | |||
| Automatic Data Processing, Inc. |
7,552 | 296,794 | |||
| Corporate Executive Board Co. (The) |
1,387 | 34,536 | |||
| Deluxe Corp. |
1,902 | 32,524 | |||
| Equifax, Inc. |
423 | 12,326 | |||
| H&R Block, Inc. |
3,962 | 72,822 | |||
| Healthcare Services Group |
1,159 | 21,279 | |||
| Hillenbrand, Inc. |
1,466 | 29,862 | |||
| Interactive Data Corp. |
1,200 | 31,452 | |||
| Landauer, Inc. |
293 | 16,109 | |||
| Lender Processing Services, Inc. |
818 | 31,223 | |||
| Manpower, Inc. |
774 | 43,894 | |||
| Mastercard, Inc. Class A |
185 | 37,398 | |||
| McGrath Rentcorp |
596 | 12,677 | |||
| Moody’s Corp. |
1,475 | 30,179 | |||
| Paychex, Inc. |
7,069 | 205,354 | |||
| Pharmaceutical Product Development, Inc. |
937 | 20,558 | |||
| R.R. Donnelley & Sons Co. |
6,689 | 142,208 | |||
| Robert Half International, Inc. |
1,663 | 41,608 | |||
| Rollins, Inc. |
941 | 17,738 | |||
| SEI Investments Co. |
927 | 18,243 | |||
| Service Corp. International |
3,581 | 25,103 | |||
| Sotheby’s(a) |
2,156 | 37,148 | |||
| Strayer Education, Inc.(a) |
74 | 16,108 | |||
| Total System Services, Inc. |
1,943 | 31,302 | |||
| Visa, Inc. Class A |
1,463 | 101,108 | |||
| Washington Post Co. (The) Class B |
75 | 35,106 | |||
| Weight Watchers International, Inc. |
417 | 11,442 | |||
| Western Union Co. (The) |
939 | 17,766 | |||
| Total Commercial Services | 1,442,088 | ||||
| Computers – 1.7% | |||||
| Diebold, Inc. |
1,181 | 38,890 | |||
| Hewlett-Packard Co. |
9,314 | 439,714 | |||
| International Business Machines Corp. |
13,496 | 1,614,256 | |||
| Jack Henry & Associates, Inc. |
763 | 17,908 | |||
| Total Computers | 2,110,768 | ||||
| Cosmetics/Personal Care – 2.1% | |||||
| Alberto-Culver Co. |
688 | 19,044 | |||
| Avon Products, Inc. |
6,184 | 210,009 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 11 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Colgate-Palmolive Co. |
5,297 | $ | 404,055 | ||
| Estee Lauder Cos., Inc. (The) Class A |
1,050 | 38,934 | |||
| Procter & Gamble Co. (The) |
33,124 | 1,918,542 | |||
| Total Cosmetics/Personal Care | 2,590,584 | ||||
| Distribution/Wholesale – 0.2% | |||||
| Fastenal Co. |
1,115 | 43,151 | |||
| Genuine Parts Co. |
2,821 | 107,367 | |||
| Owens & Minor, Inc. |
525 | 23,756 | |||
| Pool Corp.(a) |
811 | 18,020 | |||
| W.W. Grainger, Inc. |
617 | 55,135 | |||
| Watsco, Inc. |
593 | 31,969 | |||
| Total Distribution/Wholesale | 279,398 | ||||
| Diversified Financial Services – 1.8% | |||||
| American Express Co. |
17,782 | 602,810 | |||
| Ameriprise Financial, Inc. |
2,800 | 101,724 | |||
| BGC Partners, Inc. Class A |
4,604 | 19,705 | |||
| BlackRock, Inc. |
1,136 | 246,307 | |||
| Charles Schwab Corp. (The) |
7,736 | 148,144 | |||
| CME Group, Inc. |
604 | 186,147 | |||
| Discover Financial Services |
5,446 | 88,389 | |||
| Eaton Vance Corp. |
1,552 | 43,440 | |||
| Federated Investors, Inc. Class B |
2,148 | 56,643 | |||
| Franklin Resources, Inc. |
1,223 | 123,034 | |||
| GFI Group, Inc. |
3,822 | 27,633 | |||
| Greenhill & Co., Inc. |
340 | 30,457 | |||
| Legg Mason, Inc. |
2,759 | 85,612 | |||
| NYSE Euronext |
5,027 | 145,230 | |||
| Raymond James Financial, Inc. |
1,259 | 29,310 | |||
| Student Loan Corp. (The) |
1,241 | 57,582 | |||
| T. Rowe Price Group, Inc. |
3,091 | 141,259 | |||
| Waddell & Reed Financial, Inc. Class A |
2,157 | 61,367 | |||
| Total Diversified Financial Services | 2,194,793 | ||||
| Electric – 5.4% | |||||
| Allegheny Energy, Inc. |
1,416 | 37,552 | |||
| ALLETE, Inc. |
776 | 26,050 | |||
| Alliant Energy Corp. |
2,319 | 64,584 | |||
| Ameren Corp. |
6,781 | 171,424 | |||
| American Electric Power Co., Inc. |
8,543 | 264,748 | |||
| Avista Corp. |
1,087 | 21,979 | |||
| Black Hills Corp. |
884 | 22,250 | |||
| CH Energy Group, Inc. |
633 | 28,048 | |||
| Cleco Corp. |
1,189 | 29,820 | |||
| CMS Energy Corp. |
3,683 | 49,352 | |||
| Consolidated Edison, Inc. |
6,778 | 277,491 | |||
| Constellation Energy Group, Inc. |
5,615 | 181,758 | |||
| Dominion Resources, Inc. |
10,618 | 366,321 | |||
| DPL, Inc. |
2,697 | 70,392 | |||
| DTE Energy Co. |
4,189 | 147,201 | |||
| Duke Energy Corp. |
32,974 | 519,011 | |||
| Edison International |
5,184 | 174,079 | |||
| Empire District Electric Co. (The)(a) |
1,211 | 21,907 | |||
| Entergy Corp. |
2,853 | 227,841 | |||
| Exelon Corp. |
10,796 | 535,698 | |||
| Investments | Shares | Value | |||
| FirstEnergy Corp. |
5,546 | $ | 253,563 | ||
| FPL Group, Inc. |
6,018 | 332,374 | |||
| Great Plains Energy, Inc. |
4,425 | 79,429 | |||
| Hawaiian Electric Industries, Inc. |
2,237 | 40,534 | |||
| IDACORP, Inc. |
925 | 26,631 | |||
| Integrys Energy Group, Inc. |
2,069 | 74,256 | |||
| ITC Holdings Corp. |
721 | 32,769 | |||
| MDU Resources Group, Inc. |
2,597 | 54,147 | |||
| MGE Energy, Inc. |
731 | 26,667 | |||
| Northeast Utilities |
2,501 | 59,374 | |||
| NorthWestern Corp. |
1,046 | 25,554 | |||
| NSTAR |
1,941 | 61,763 | |||
| NV Energy, Inc. |
4,228 | 49,003 | |||
| OGE Energy Corp. |
2,172 | 71,850 | |||
| Otter Tail Corp. |
935 | 22,375 | |||
| Pepco Holdings, Inc. |
5,846 | 86,988 | |||
| PG&E Corp. |
6,039 | 244,519 | |||
| Pinnacle West Capital Corp. |
3,085 | 101,250 | |||
| PNM Resources, Inc. |
1,949 | 22,764 | |||
| Portland General Electric Co. |
1,559 | 30,743 | |||
| PPL Corp. |
6,754 | 204,916 | |||
| Progress Energy, Inc. |
6,901 | 269,553 | |||
| Public Service Enterprise Group, Inc. |
9,328 | 293,272 | |||
| SCANA Corp. |
2,686 | 93,741 | |||
| Southern Co. (The) |
14,933 | 472,928 | |||
| TECO Energy, Inc. |
6,232 | 87,747 | |||
| UIL Holdings Corp. |
697 | 18,394 | |||
| Unisource Energy Corp. |
620 | 19,065 | |||
| Westar Energy, Inc. |
2,843 | 55,467 | |||
| Wisconsin Energy Corp. |
1,280 | 57,818 | |||
| Xcel Energy, Inc. |
9,661 | 185,878 | |||
| Total Electric | 6,692,838 | ||||
| Electrical Components & Equipment – 0.5% | |||||
| Ametek, Inc. |
432 | 15,081 | |||
| Emerson Electric Co. |
12,564 | 503,565 | |||
| Hubbell, Inc. Class B |
1,001 | 42,042 | |||
| Molex, Inc. |
1,378 | 28,773 | |||
| Molex, Inc. Class A |
2,336 | 43,893 | |||
| Total Electrical Components & Equipment | 633,354 | ||||
| Electronics – 0.2% | |||||
| AVX Corp. |
2,085 | 24,874 | |||
| Brady Corp. Class A |
771 | 22,143 | |||
| Gentex Corp. |
3,106 | 43,950 | |||
| Jabil Circuit, Inc. |
4,171 | 55,933 | |||
| National Instruments Corp. |
867 | 23,955 | |||
| PerkinElmer, Inc. |
1,086 | 20,895 | |||
| Total Electronics | 191,750 | ||||
| Engineering & Construction – 0.0% | |||||
| Fluor Corp. |
782 | 39,765 | |||
| Granite Construction, Inc. |
396 | 12,252 | |||
| KBR, Inc. |
497 | 11,575 | |||
| Total Engineering & Construction | 63,592 | ||||
See Notes to Financial Statements.
| 12 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Entertainment - 0.2% | |||||
| Cinemark Holdings, Inc. |
4,853 | $ | 50,277 | ||
| International Game Technology |
5,846 | 125,572 | |||
| National CineMedia, Inc. |
1,501 | 25,472 | |||
| Regal Entertainment Group Class A |
6,586 | 81,140 | |||
| Total Entertainment | 282,461 | ||||
| Environmental Control – 0.2% | |||||
| Mine Safety Appliances Co. |
763 | 20,990 | |||
| Nalco Holding Co. |
828 | 16,966 | |||
| Republic Services, Inc. |
2,641 | 70,171 | |||
| Waste Management, Inc. |
6,670 | 198,900 | |||
| Total Environmental Control | 307,027 | ||||
| Food – 2.3% | |||||
| B&G Foods, Inc. Class A |
3,314 | 27,142 | |||
| Campbell Soup Co. |
5,303 | 172,984 | |||
| ConAgra Foods, Inc. |
8,975 | 194,578 | |||
| Corn Products International, Inc. |
672 | 19,166 | |||
| Del Monte Foods Co. |
2,357 | 27,294 | |||
| Flowers Foods, Inc. |
1,152 | 30,286 | |||
| General Mills, Inc. |
4,106 | 264,344 | |||
| H.J. Heinz Co. |
5,635 | 223,991 | |||
| Hershey Co. (The) |
2,443 | 94,935 | |||
| Hormel Foods Corp. |
1,465 | 52,037 | |||
| J.M. Smucker Co. (The) |
1,621 | 85,929 | |||
| Kellogg Co. |
5,055 | 248,858 | |||
| Kraft Foods, Inc. Class A |
26,759 | 702,959 | |||
| Kroger Co. (The) |
3,401 | 70,197 | |||
| Lancaster Colony Corp. |
542 | 27,788 | |||
| Lance, Inc. |
570 | 14,717 | |||
| McCormick & Co., Inc. |
1,630 | 55,322 | |||
| Ruddick Corp. |
544 | 14,481 | |||
| Safeway, Inc. |
2,029 | 40,012 | |||
| Sara Lee Corp. |
13,581 | 151,292 | |||
| SUPERVALU, Inc. |
4,886 | 73,583 | |||
| Sysco Corp. |
10,177 | 252,899 | |||
| Tyson Foods, Inc. Class A |
2,741 | 34,619 | |||
| Weis Markets, Inc. |
592 | 18,914 | |||
| Total Food | 2,898,327 | ||||
| Forest Products & Paper – 0.7% | |||||
| Glatfelter |
750 | 8,610 | |||
| International Paper Co. |
14,686 | 326,470 | |||
| MeadWestvaco Corp. |
5,883 | 131,250 | |||
| Plum Creek Timber Co., Inc. |
3,208 | 98,293 | |||
| Rayonier, Inc. |
2,107 | 86,197 | |||
| Weyerhaeuser Co. |
6,308 | 231,188 | |||
| Total Forest Products & Paper | 882,008 | ||||
| Gas – 0.7% | |||||
| AGL Resources, Inc. |
1,589 | 56,044 | |||
| Atmos Energy Corp. |
2,280 | 64,250 | |||
| Centerpoint Energy, Inc. |
7,276 | 90,441 | |||
| Energen Corp. |
557 | 24,007 | |||
| Laclede Group, Inc. (The) |
469 | 15,083 | |||
| Investments | Shares | Value | |||
| National Fuel Gas Co. |
1,443 | $ | 66,104 | ||
| New Jersey Resources Corp. |
752 | 27,305 | |||
| Nicor, Inc. |
1,109 | 40,578 | |||
| NiSource, Inc. |
8,721 | 121,135 | |||
| Northwest Natural Gas Co. |
488 | 20,330 | |||
| Piedmont Natural Gas Co., Inc. |
889 | 21,283 | |||
| Sempra Energy |
3,372 | 167,959 | |||
| South Jersey Industries, Inc. |
520 | 18,356 | |||
| Southern Union Co. |
2,595 | 53,950 | |||
| Southwest Gas Corp. |
833 | 21,308 | |||
| UGI Corp. |
1,551 | 38,868 | |||
| Vectren Corp. |
1,948 | 44,882 | |||
| WGL Holdings, Inc. |
1,073 | 35,559 | |||
| Total Gas | 927,442 | ||||
| Hand/Machine Tools – 0.2% | |||||
| Baldor Electric Co. |
937 | 25,618 | |||
| Black & Decker Corp. |
960 | 44,438 | |||
| Kennametal, Inc. |
872 | 21,460 | |||
| Lincoln Electric Holdings, Inc. |
447 | 21,210 | |||
| Regal-Beloit Corp. |
379 | 17,324 | |||
| Snap-On, Inc. |
805 | 27,982 | |||
| Stanley Works (The) |
1,315 | 56,137 | |||
| Total Hand/Machine Tools | 214,169 | ||||
| Healthcare-Products – 2.6% | |||||
| Baxter International, Inc. |
4,960 | 282,770 | |||
| Beckman Coulter, Inc. |
360 | 24,818 | |||
| Becton Dickinson & Co. |
1,866 | 130,154 | |||
| C.R. Bard, Inc. |
248 | 19,495 | |||
| DENTSPLY International, Inc. |
520 | 17,961 | |||
| Hill-Rom Holdings, Inc. |
799 | 17,402 | |||
| Johnson & Johnson |
36,299 | 2,210,246 | |||
| Medtronic, Inc. |
10,989 | 404,395 | |||
| Meridian Bioscience, Inc. |
573 | 14,331 | |||
| STERIS Corp. |
505 | 15,377 | |||
| Stryker Corp. |
1,415 | 64,283 | |||
| West Pharmaceutical Services, Inc. |
316 | 12,833 | |||
| Total Healthcare-Products | 3,214,065 | ||||
| Healthcare-Services – 0.0% | |||||
| Aetna, Inc. |
329 | 9,156 | |||
| Quest Diagnostics, Inc. |
768 | 40,082 | |||
| UnitedHealth Group, Inc. |
595 | 14,899 | |||
| Total Healthcare-Services | 64,137 | ||||
| Holding Companies-Diversified – 0.0% | |||||
| Compass Diversified Holdings |
1,876 | 19,642 | |||
| Home Builders – 0.1% | |||||
| D.R. Horton, Inc. |
2,759 | 31,480 | |||
| KB Home |
797 | 13,238 | |||
| Lennar Corp. Class A |
1,064 | 15,162 | |||
| MDC Holdings, Inc. |
676 | 23,485 | |||
| Ryland Group, Inc. |
571 | 12,031 | |||
| Total Home Builders | 95,396 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 13 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Home Furnishings – 0.1% | |||||
| Ethan Allen Interiors, Inc. |
1,010 | $ | 16,665 | ||
| Whirlpool Corp. |
1,135 | 79,405 | |||
| Total Home Furnishings | 96,070 | ||||
| Household Products/Wares – 0.7% | |||||
| American Greetings Corp. Class A |
1,077 | 24,017 | |||
| Avery Dennison Corp. |
2,258 | 81,311 | |||
| Blyth, Inc. |
407 | 15,763 | |||
| Church & Dwight Co., Inc. |
319 | 18,100 | |||
| Clorox Co. |
1,907 | 112,170 | |||
| Fortune Brands, Inc. |
2,712 | 116,562 | |||
| Kimberly-Clark Corp. |
7,785 | 459,159 | |||
| Scotts Miracle-Gro Co. (The) Class A |
591 | 25,383 | |||
| Standard Register Co. (The) |
3,663 | 21,538 | |||
| Tupperware Brands Corp. |
1,328 | 53,014 | |||
| Total Household Products/Wares | 927,017 | ||||
| Housewares – 0.1% | |||||
| Newell Rubbermaid, Inc. |
10,225 | 160,430 | |||
| Toro Co. |
366 | 14,556 | |||
| Total Housewares | 174,986 | ||||
| Insurance - 2.6% | |||||
| Allstate Corp. (The) |
11,527 | 352,957 | |||
| American Family Life Assurance Co., Inc. |
4,858 | 207,631 | |||
| American Financial Group, Inc. |
1,194 | 30,447 | |||
| American National Insurance Co. |
513 | 43,708 | |||
| AON Corp. |
1,574 | 64,046 | |||
| Arthur J. Gallagher & Co. |
2,205 | 53,736 | |||
| Assurant, Inc. |
1,093 | 35,042 | |||
| Brown & Brown, Inc. |
904 | 17,321 | |||
| Chubb Corp. |
3,935 | 198,363 | |||
| Cincinnati Financial Corp. |
3,580 | 93,044 | |||
| Erie Indemnity Co. Class A |
967 | 36,224 | |||
| Fidelity National Financial, Inc. Class A |
3,686 | 55,585 | |||
| First American Corp. |
1,315 | 42,567 | |||
| Hanover Insurance Group, Inc. (The) |
259 | 10,704 | |||
| Harleysville Group, Inc. |
460 | 14,559 | |||
| Hartford Financial Services Group, Inc. |
9,529 | 252,518 | |||
| HCC Insurance Holdings, Inc. |
1,060 | 28,991 | |||
| Horace Mann Educators Corp. |
1,626 | 22,715 | |||
| Lincoln National Corp. |
4,963 | 128,591 | |||
| Loews Corp. |
1,583 | 54,218 | |||
| Marsh & McLennan Cos., Inc. |
7,455 | 184,362 | |||
| Mercury General Corp. |
1,219 | 44,103 | |||
| Metlife, Inc. |
6,510 | 247,836 | |||
| Odyssey Re Holdings Corp. |
245 | 15,878 | |||
| Old Republic International Corp. |
6,310 | 76,856 | |||
| Principal Financial Group, Inc. |
2,327 | 63,737 | |||
| Protective Life Corp. |
1,465 | 31,380 | |||
| Prudential Financial, Inc. |
3,532 | 176,282 | |||
| Reinsurance Group of America, Inc. |
313 | 13,960 | |||
| RLI Corp. |
227 | 11,981 | |||
| Safety Insurance Group, Inc. |
421 | 13,859 | |||
| Investments | Shares | Value | |||
| Selective Insurance Group, Inc. |
710 | $ | 11,168 | ||
| StanCorp Financial Group, Inc. |
444 | 17,924 | |||
| State Auto Financial Corp. |
423 | 7,584 | |||
| Torchmark Corp. |
490 | 21,281 | |||
| Transatlantic Holdings, Inc. |
621 | 31,156 | |||
| Travelers Cos., Inc. (The) |
6,772 | 333,386 | |||
| Unitrin, Inc. |
3,177 | 61,920 | |||
| Unum Group |
2,454 | 52,614 | |||
| W.R. Berkley Corp. |
551 | 13,929 | |||
| Zenith National Insurance Corp. |
1,061 | 32,785 | |||
| Total Insurance | 3,206,948 | ||||
| Internet – 0.0% | |||||
| NutriSystem, Inc. |
856 | 13,063 | |||
| United Online, Inc. |
3,031 | 24,369 | |||
| Total Internet | 37,432 | ||||
| Investment Companies – 0.4% | |||||
| Apollo Investment Corp. |
14,910 | 142,391 | |||
| Ares Capital Corp. |
11,712 | 129,066 | |||
| BlackRock Kelso Capital Corp. |
4,271 | 31,691 | |||
| Fifth Street Finance Corp. |
2,397 | 26,199 | |||
| Gladstone Capital Corp. |
2,702 | 24,129 | |||
| Hercules Technology Growth Capital, Inc. |
3,592 | 35,273 | |||
| NGP Capital Resources Co. |
2,990 | 21,707 | |||
| Prospect Capital Corp.(a) |
2,636 | 28,232 | |||
| Total Investment Companies | 438,688 | ||||
| Iron/Steel – 0.3% | |||||
| AK Steel Holding Corp. |
1,097 | 21,644 | |||
| Allegheny Technologies, Inc. |
1,172 | 41,008 | |||
| Carpenter Technology Corp. |
736 | 17,215 | |||
| Cliffs Natural Resources, Inc. |
791 | 25,597 | |||
| Nucor Corp. |
3,918 | 184,185 | |||
| Reliance Steel & Aluminum Co. |
588 | 25,025 | |||
| Steel Dynamics, Inc. |
2,703 | 41,464 | |||
| United States Steel Corp. |
1,575 | 69,883 | |||
| Total Iron/Steel | 426,021 | ||||
| Leisure Time – 0.2% | |||||
| Callaway Golf Co. |
959 | 7,298 | |||
| Harley-Davidson, Inc. |
7,892 | 181,516 | |||
| Polaris Industries, Inc. |
835 | 34,051 | |||
| Total Leisure Time | 222,865 | ||||
| Lodging – 0.2% | |||||
| Choice Hotels International, Inc. |
771 | 23,947 | |||
| Marriott International, Inc. Class A |
2,813 | 77,611 | |||
| Starwood Hotels & Resorts Worldwide, Inc. |
3,929 | 129,775 | |||
| Wyndham Worldwide Corp. |
2,031 | 33,146 | |||
| Total Lodging | 264,479 | ||||
| Machinery-Construction & Mining – 0.5% | |||||
| Caterpillar, Inc. |
9,923 | 509,348 | |||
| Joy Global, Inc. |
1,446 | 70,767 | |||
| Total Machinery-Construction & Mining | 580,115 | ||||
See Notes to Financial Statements.
| 14 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Machinery-Diversified – 0.5% | |||||
| Applied Industrial Technologies, Inc. |
807 | $ | 17,076 | ||
| Briggs & Stratton Corp.(a) |
1,502 | 29,154 | |||
| Cognex Corp. |
1,158 | 18,968 | |||
| Cummins, Inc. |
2,330 | 104,407 | |||
| Deere & Co. |
5,186 | 222,583 | |||
| Flowserve Corp. |
512 | 50,453 | |||
| Graco, Inc. |
1,015 | 28,288 | |||
| IDEX Corp. |
874 | 24,428 | |||
| Nordson Corp. |
443 | 24,848 | |||
| Rockwell Automation, Inc. |
2,272 | 96,787 | |||
| Roper Industries, Inc. |
379 | 19,322 | |||
| Total Machinery-Diversified | 636,314 | ||||
| Media – 1.8% | |||||
| Cablevision Systems Corp. Class A |
2,355 | 55,931 | |||
| CBS Corp. Class A |
3,670 | 44,260 | |||
| CBS Corp. Class B |
35,959 | 433,306 | |||
| Comcast Corp. Class A |
13,439 | 226,985 | |||
| Comcast Corp. Special Class A |
5,957 | 95,789 | |||
| FactSet Research Systems, Inc. |
438 | 29,013 | |||
| Gannett Co., Inc. |
20,141 | 251,964 | |||
| John Wiley & Sons, Inc. Class A |
430 | 14,955 | |||
| McGraw-Hill Cos., Inc. (The) |
4,808 | 120,873 | |||
| Meredith Corp. |
946 | 28,323 | |||
| News Corp. Class A |
10,642 | 127,598 | |||
| News Corp. Class B(a) |
4,481 | 62,689 | |||
| Scripps Networks Interactive, Inc. Class A |
892 | 32,959 | |||
| Time Warner, Inc. |
12,474 | 359,002 | |||
| Walt Disney Co. (The) |
11,796 | 323,918 | |||
| World Wrestling Entertainment, Inc. Class A |
1,495 | 20,945 | |||
| Total Media | 2,228,510 | ||||
| Metal Fabricate/Hardware – 0.1% | |||||
| Commercial Metals Co. |
1,993 | 35,675 | |||
| Kaydon Corp. |
426 | 13,811 | |||
| Timken Co. |
1,779 | 41,682 | |||
| Worthington Industries, Inc. |
1,975 | 27,452 | |||
| Total Metal Fabricate/Hardware | 118,620 | ||||
| Mining – 1.3% | |||||
| Alcoa, Inc. |
23,544 | 308,897 | |||
| AMCOL International Corp. |
506 | 11,582 | |||
| Compass Minerals International, Inc. |
391 | 24,094 | |||
| Kaiser Aluminum Corp. |
434 | 15,780 | |||
| Newmont Mining Corp. |
2,317 | 101,994 | |||
| Southern Copper Corp. |
33,361 | 1,023,849 | |||
| Vulcan Materials Co. |
1,354 | 73,211 | |||
| Total Mining | 1,559,407 | ||||
| Miscellaneous Manufacturing – 6.3% | |||||
| 3M Co. |
10,135 | 747,963 | |||
| Acuity Brands, Inc. |
360 | 11,596 | |||
| Aptargroup, Inc. |
557 | 20,810 | |||
| Barnes Group, Inc. |
1,253 | 21,414 | |||
| Brink’s Co. (The) |
469 | 12,621 | |||
| Investments | Shares | Value | |||
| Carlisle Cos., Inc. |
949 | $ | 32,181 | ||
| CLARCOR, Inc. |
337 | 10,568 | |||
| Crane Co. |
1,500 | 38,715 | |||
| Danaher Corp. |
289 | 19,455 | |||
| Donaldson Co., Inc. |
546 | 18,908 | |||
| Dover Corp. |
2,576 | 99,846 | |||
| Eaton Corp. |
3,092 | 174,976 | |||
| General Electric Co. |
329,372 | 5,408,288 | |||
| Harsco Corp. |
1,194 | 42,280 | |||
| Honeywell International, Inc. |
10,163 | 377,555 | |||
| Illinois Tool Works, Inc. |
7,753 | 331,131 | |||
| ITT Corp. |
1,009 | 52,619 | |||
| Koppers Holdings, Inc. |
446 | 13,224 | |||
| Leggett & Platt, Inc. |
3,940 | 76,436 | |||
| NL Industries, Inc. |
1,108 | 7,424 | |||
| Pall Corp. |
1,076 | 34,733 | |||
| Parker Hannifin Corp. |
1,581 | 81,959 | |||
| Pentair, Inc. |
1,285 | 37,933 | |||
| SPX Corp. |
646 | 39,580 | |||
| Teleflex, Inc. |
561 | 27,102 | |||
| Textron, Inc. |
5,596 | 106,212 | |||
| Trinity Industries, Inc. |
855 | 14,697 | |||
| Total Miscellaneous Manufacturing | 7,860,226 | ||||
| Office Furnishings – 0.1% | |||||
| Herman Miller, Inc. |
827 | 13,984 | |||
| HNI Corp. |
1,270 | 29,972 | |||
| Knoll, Inc. |
1,576 | 16,438 | |||
| Steelcase, Inc. Class A |
4,108 | 25,511 | |||
| Total Office Furnishings | 85,905 | ||||
| Office/Business Equipment – 0.1% | |||||
| Pitney Bowes, Inc. |
4,572 | 113,614 | |||
| Xerox Corp. |
8,254 | 63,886 | |||
| Total Office/Business Equipment | 177,500 | ||||
| Oil & Gas – 7.1% | |||||
| Anadarko Petroleum Corp. |
1,930 | 121,069 | |||
| Apache Corp. |
1,171 | 107,533 | |||
| Chesapeake Energy Corp. |
4,802 | 136,377 | |||
| Chevron Corp. |
31,099 | 2,190,302 | |||
| Cimarex Energy Co. |
428 | 18,541 | |||
| ConocoPhillips |
23,083 | 1,042,428 | |||
| Devon Energy Corp. |
1,725 | 116,144 | |||
| Diamond Offshore Drilling, Inc.(a) |
532 | 50,817 | |||
| EOG Resources, Inc. |
900 | 75,159 | |||
| EQT Corp. |
1,536 | 65,433 | |||
| Exxon Mobil Corp. |
45,457 | 3,118,805 | |||
| Frontier Oil Corp. |
1,046 | 14,560 | |||
| Helmerich & Payne, Inc. |
539 | 21,307 | |||
| Hess Corp. |
1,206 | 64,473 | |||
| Holly Corp. |
800 | 20,496 | |||
| Marathon Oil Corp. |
11,060 | 352,814 | |||
| Murphy Oil Corp. |
1,898 | 109,268 | |||
| Noble Energy, Inc. |
1,175 | 77,503 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 15 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Occidental Petroleum Corp. |
7,732 | $ | 606,189 | ||
| Patterson-UTI Energy, Inc. |
4,099 | 61,895 | |||
| Pioneer Natural Resources Co. |
1,138 | 41,298 | |||
| Questar Corp. |
1,112 | 41,767 | |||
| Range Resources Corp. |
403 | 19,892 | |||
| Sunoco, Inc. |
1,109 | 31,551 | |||
| Tesoro Corp. |
2,147 | 32,162 | |||
| Valero Energy Corp. |
5,743 | 111,357 | |||
| XTO Energy, Inc. |
3,138 | 129,662 | |||
| Total Oil & Gas | 8,778,802 | ||||
| Oil & Gas Services – 0.4% | |||||
| Baker Hughes, Inc. |
2,421 | 103,280 | |||
| BJ Services Co. |
2,351 | 45,680 | |||
| CARBO Ceramics, Inc.(a) |
342 | 17,630 | |||
| Halliburton Co. |
7,750 | 210,180 | |||
| RPC, Inc. |
1,433 | 15,018 | |||
| Smith International, Inc. |
1,967 | 56,453 | |||
| Total Oil & Gas Services | 448,241 | ||||
| Packaging & Containers – 0.3% | |||||
| Ball Corp. |
398 | 19,582 | |||
| Bemis Co., Inc. |
1,499 | 38,839 | |||
| Greif, Inc. Class A |
499 | 27,470 | |||
| Greif, Inc. Class B |
916 | 47,788 | |||
| Packaging Corp. of America |
3,968 | 80,947 | |||
| Rock-Tenn Co. Class A |
210 | 9,893 | |||
| Sealed Air Corp. |
2,255 | 44,266 | |||
| Silgan Holdings, Inc. |
274 | 14,448 | |||
| Sonoco Products Co. |
1,841 | 50,701 | |||
| Temple-Inland, Inc. |
3,549 | 58,274 | |||
| Total Packaging & Containers | 392,208 | ||||
| Pharmaceuticals – 7.3% | |||||
| Abbott Laboratories |
17,772 | 879,181 | |||
| Allergan, Inc. |
716 | 40,640 | |||
| AmerisourceBergen Corp. |
1,658 | 37,106 | |||
| Bristol-Myers Squibb Co. |
45,265 | 1,019,368 | |||
| Cardinal Health, Inc. |
2,579 | 69,117 | |||
| Eli Lilly & Co. |
23,088 | 762,597 | |||
| McKesson Corp. |
1,493 | 88,908 | |||
| Merck & Co., Inc. |
47,066 | 1,488,698 | |||
| Perrigo Co. |
407 | 13,834 | |||
| Pfizer, Inc. |
208,815 | 3,455,888 | |||
| Schering-Plough Corp. |
10,718 | 302,783 | |||
| Wyeth |
18,152 | 881,824 | |||
| Total Pharmaceuticals | 9,039,944 | ||||
| Pipelines – 0.5% | |||||
| El Paso Corp. |
8,289 | 85,542 | |||
| Oneok, Inc. |
2,521 | 92,319 | |||
| Spectra Energy Corp. |
16,406 | 310,730 | |||
| Williams Cos., Inc. (The) |
7,749 | 138,475 | |||
| Total Pipelines | 627,066 | ||||
| Investments | Shares | Value | |||
| REITS – 4.4% | |||||
| Acadia Realty Trust |
839 | $ | 12,644 | ||
| Alexandria Real Estate Equities, Inc. |
803 | 43,643 | |||
| American Campus Communities, Inc. |
1,142 | 30,663 | |||
| Apartment Investment & Management Co. Class A |
6,703 | 98,869 | |||
| AvalonBay Communities, Inc. |
1,728 | 125,677 | |||
| BioMed Realty Trust, Inc. |
4,202 | 57,988 | |||
| Boston Properties, Inc. |
2,322 | 152,207 | |||
| Brandywine Realty Trust |
9,484 | 104,703 | |||
| BRE Properties, Inc. |
1,658 | 51,895 | |||
| Camden Property Trust |
1,957 | 78,867 | |||
| CBL & Associates Properties, Inc.(a) |
5,371 | 52,099 | |||
| Cogdell Spencer, Inc. |
1,426 | 6,845 | |||
| Colonial Properties Trust |
2,783 | 27,079 | |||
| Corporate Office Properties Trust SBI MD |
1,076 | 39,683 | |||
| Cousins Properties, Inc. |
1,604 | 13,281 | |||
| DCT Industrial Trust, Inc. |
4,851 | 24,789 | |||
| Digital Realty Trust, Inc. |
1,298 | 59,332 | |||
| Douglas Emmett, Inc. |
2,839 | 34,863 | |||
| Duke Realty Corp. |
10,303 | 123,739 | |||
| EastGroup Properties, Inc. |
675 | 25,799 | |||
| Education Realty Trust, Inc. |
3,587 | 21,271 | |||
| Entertainment Properties Trust |
1,552 | 52,985 | |||
| Equity Lifestyle Properties, Inc. |
195 | 8,344 | |||
| Equity One, Inc.(a) |
2,090 | 32,750 | |||
| Equity Residential |
7,305 | 224,263 | |||
| Essex Property Trust, Inc. |
558 | 44,406 | |||
| Federal Realty Investment Trust |
1,027 | 63,027 | |||
| First Potomac Realty Trust |
2,199 | 25,420 | |||
| Franklin Street Properties Corp. |
1,848 | 24,209 | |||
| Getty Realty Corp. |
1,190 | 29,203 | |||
| HCP, Inc. |
7,367 | 211,728 | |||
| Health Care REIT, Inc. |
2,731 | 113,664 | |||
| Healthcare Realty Trust, Inc. |
1,732 | 36,597 | |||
| Hersha Hospitality Trust |
5,534 | 17,155 | |||
| Highwoods Properties, Inc. |
1,715 | 53,937 | |||
| Home Properties, Inc. |
895 | 38,566 | |||
| HRPT Properties Trust |
25,713 | 193,362 | |||
| Inland Real Estate Corp. |
2,155 | 18,878 | |||
| Investors Real Estate Trust |
1,906 | 17,230 | |||
| Kilroy Realty Corp. |
953 | 26,436 | |||
| Kimco Realty Corp. |
10,385 | 135,420 | |||
| Kite Realty Group Trust |
2,643 | 11,021 | |||
| LaSalle Hotel Properties |
1,633 | 32,105 | |||
| Lexington Realty Trust |
6,245 | 31,849 | |||
| Liberty Property Trust |
3,418 | 111,188 | |||
| LTC Properties, Inc. |
906 | 21,780 | |||
| Macerich Co. (The) |
4,864 | 147,525 | |||
| Mack-Cali Realty Corp. |
3,053 | 98,703 | |||
| Medical Properties Trust, Inc. |
4,646 | 36,285 | |||
| Mid-America Apartment Communities, Inc. |
799 | 36,059 | |||
| National Health Investors, Inc. |
999 | 31,618 | |||
| National Retail Properties, Inc. |
3,094 | 66,428 | |||
See Notes to Financial Statements.
| 16 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Nationwide Health Properties, Inc. |
2,729 | $ | 84,572 | ||
| Omega Healthcare Investors, Inc. |
2,999 | 48,044 | |||
| Parkway Properties, Inc. |
563 | 11,091 | |||
| Pennsylvania Real Estate Investment Trust(a) |
5,915 | 45,013 | |||
| Post Properties, Inc. |
2,055 | 36,990 | |||
| Potlatch Corp. |
1,305 | 37,127 | |||
| ProLogis |
25,139 | 299,657 | |||
| PS Business Parks, Inc. |
332 | 17,038 | |||
| Public Storage |
1,979 | 148,900 | |||
| Public Storage Class A |
954 | 24,499 | |||
| Realty Income Corp.(a) |
3,003 | 77,027 | |||
| Regency Centers Corp. |
1,761 | 65,245 | |||
| Saul Centers, Inc. |
334 | 10,721 | |||
| Senior Housing Properties Trust |
4,379 | 83,683 | |||
| Simon Property Group, Inc. |
6,141 | 426,370 | |||
| SL Green Realty Corp. |
2,914 | 127,779 | |||
| Sovran Self Storage, Inc. |
689 | 20,966 | |||
| Sun Communities, Inc. |
1,657 | 35,659 | |||
| Tanger Factory Outlet Centers, Inc. |
515 | 19,230 | |||
| Taubman Centers, Inc. |
1,344 | 48,492 | |||
| UDR, Inc. |
5,186 | 81,628 | |||
| Universal Health Realty Income Trust |
587 | 19,107 | |||
| U-Store-It Trust |
4,839 | 30,244 | |||
| Ventas, Inc. |
4,063 | 156,425 | |||
| Vornado Realty Trust |
3,974 | 255,965 | |||
| Washington Real Estate Investment Trust |
1,313 | 37,814 | |||
| Weingarten Realty Investors |
3,793 | 75,557 | |||
| Winthrop Realty Trust |
1,541 | 15,009 | |||
| Total REITS | 5,517,929 | ||||
| Retail – 4.9% | |||||
| Abercrombie & Fitch Co. Class A |
1,195 | 39,292 | |||
| Advance Auto Parts, Inc. |
381 | 14,966 | |||
| American Eagle Outfitters, Inc. |
3,574 | 60,258 | |||
| Barnes & Noble, Inc.(a) |
1,661 | 36,907 | |||
| Best Buy Co., Inc. |
3,507 | 131,583 | |||
| Bob Evans Farms, Inc. |
564 | 16,390 | |||
| Brinker International, Inc. |
1,975 | 31,067 | |||
| Buckle, Inc. (The)(a) |
923 | 31,511 | |||
| Burger King Holdings, Inc. |
781 | 13,738 | |||
| Cato Corp. (The) Class A |
828 | 16,800 | |||
| Costco Wholesale Corp. |
2,164 | 122,179 | |||
| Cracker Barrel Old Country Store, Inc. |
523 | 17,991 | |||
| CVS Caremark Corp. |
6,291 | 224,840 | |||
| Darden Restaurants, Inc. |
1,742 | 59,454 | |||
| Family Dollar Stores, Inc. |
1,090 | 28,776 | |||
| Foot Locker, Inc. |
5,228 | 62,475 | |||
| Gap, Inc. (The) |
7,405 | 158,467 | |||
| Guess ?, Inc. |
1,210 | 44,818 | |||
| Home Depot, Inc. |
26,161 | 696,929 | |||
| J.C. Penney Co., Inc. |
3,775 | 127,406 | |||
| Lowe’s Cos., Inc. |
8,852 | 185,361 | |||
| Ltd. Brands, Inc. |
9,397 | 159,655 | |||
| Macy’s, Inc. |
8,973 | 164,116 | |||
| Investments | Shares | Value | |||
| McDonald’s Corp. |
15,348 | $ | 875,910 | ||
| MSC Industrial Direct Co. Class A |
581 | 25,320 | |||
| Nordstrom, Inc. |
4,560 | 139,262 | |||
| Nu Skin Enterprises, Inc. Class A |
1,478 | 27,387 | |||
| PetSmart, Inc. |
417 | 9,070 | |||
| RadioShack Corp. |
1,340 | 22,204 | |||
| Ross Stores, Inc. |
824 | 39,363 | |||
| Staples, Inc. |
5,207 | 120,907 | |||
| Target Corp. |
5,751 | 268,457 | |||
| Tiffany & Co. |
1,453 | 55,984 | |||
| TJX Cos., Inc. |
3,734 | 138,718 | |||
| Walgreen Co. |
7,296 | 273,381 | |||
| Wal-Mart Stores, Inc. |
27,876 | 1,368,433 | |||
| Wendy’s/Arby’s Group, Inc. Class A |
2,882 | 13,632 | |||
| Williams-Sonoma, Inc. |
2,876 | 58,182 | |||
| Yum! Brands, Inc. |
4,832 | 163,128 | |||
| Total Retail | 6,044,317 | ||||
| Savings & Loans – 0.4% | |||||
| Astoria Financial Corp. |
2,835 | 31,298 | |||
| Brookline Bancorp, Inc. |
1,158 | 11,256 | |||
| Capitol Federal Financial |
1,616 | 53,199 | |||
| Dime Community Bancshares |
846 | 9,670 | |||
| First Niagara Financial Group, Inc. |
2,156 | 26,583 | |||
| Hudson City Bancorp, Inc. |
7,780 | 102,307 | |||
| New York Community Bancorp, Inc.(a) |
11,004 | 125,666 | |||
| NewAlliance Bancshares, Inc. |
1,338 | 14,316 | |||
| Northwest Bancorp, Inc. |
1,083 | 24,736 | |||
| People’s United Financial, Inc. |
5,489 | 85,409 | |||
| Provident Financial Services, Inc. |
1,086 | 11,175 | |||
| TFS Financial Corp. |
2,440 | 29,036 | |||
| Washington Federal, Inc. |
2,081 | 35,086 | |||
| Total Savings & Loans | 559,737 | ||||
| Semiconductors – 2.5% | |||||
| Altera Corp. |
2,002 | 41,061 | |||
| Analog Devices, Inc. |
5,158 | 142,258 | |||
| Applied Materials, Inc. |
12,919 | 173,115 | |||
| Intel Corp. |
89,878 | 1,758,912 | |||
| Intersil Corp. Class A |
2,809 | 43,006 | |||
| KLA-Tencor Corp. |
1,983 | 71,110 | |||
| Linear Technology Corp. |
3,762 | 103,944 | |||
| Maxim Integrated Products, Inc. |
8,796 | 159,559 | |||
| Microchip Technology, Inc. |
5,135 | 136,078 | |||
| National Semiconductor Corp. |
3,228 | 46,064 | |||
| Texas Instruments, Inc. |
15,564 | 368,711 | |||
| Xilinx, Inc. |
3,950 | 92,509 | |||
| Total Semiconductors | 3,136,327 | ||||
| Software – 2.3% | |||||
| Broadridge Financial Solutions, Inc. |
1,606 | 32,280 | |||
| CA, Inc. |
2,018 | 44,376 | |||
| Dun & Bradstreet Corp. |
425 | 32,011 | |||
| Fidelity National Information Services, Inc. |
1,150 | 29,336 | |||
| IMS Health, Inc. |
745 | 11,436 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 17 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Microsoft Corp. |
101,920 | $ | 2,638,709 | ||
| Quality Systems, Inc.(a) |
521 | 32,078 | |||
| Total Software | 2,820,226 | ||||
| Telecommunications – 6.3% | |||||
| Adtran, Inc. |
1,075 | 26,391 | |||
| Alaska Communications Systems Group, Inc. |
2,102 | 19,443 | |||
| AT&T, Inc. |
140,349 | 3,790,826 | |||
| CenturyTel, Inc. |
11,623 | 390,533 | |||
| Consolidated Communications Holdings, Inc. |
2,572 | 41,178 | |||
| Corning, Inc. |
14,967 | 229,145 | |||
| Frontier Communications Corp. |
14,375 | 108,387 | |||
| Harris Corp. |
1,331 | 50,046 | |||
| Iowa Telecommunications Services, Inc. |
1,828 | 23,033 | |||
| NTELOS Holdings Corp. |
922 | 16,283 | |||
| QUALCOMM, Inc. |
12,930 | 581,591 | |||
| Qwest Communications International, Inc. |
65,743 | 250,481 | |||
| Telephone & Data Systems, Inc. Special Shares |
657 | 19,500 | |||
| Verizon Communications, Inc. |
65,808 | 1,992,008 | |||
| Virgin Media, Inc. |
4,894 | 68,124 | |||
| Windstream Corp. |
20,344 | 206,085 | |||
| Total Telecommunications | 7,813,054 | ||||
| Textiles – 0.0% | |||||
| Cintas Corp. |
1,351 | 40,949 | |||
| Toys/Games/Hobbies – 0.1% | |||||
| Hasbro, Inc. |
1,705 | 47,314 | |||
| Mattel, Inc. |
7,555 | 139,465 | |||
| Total Toys/Games/Hobbies | 186,779 | ||||
| Transportation – 1.5% | |||||
| Alexander & Baldwin, Inc. |
983 | 31,544 | |||
| Burlington Northern Santa Fe Corp. |
3,094 | 246,994 | |||
| C.H. Robinson Worldwide, Inc. |
1,401 | 80,908 | |||
| Con-way, Inc. |
463 | 17,742 | |||
| CSX Corp. |
4,532 | 189,710 | |||
| Expeditors International Washington, Inc. |
959 | 33,709 | |||
| FedEx Corp. |
925 | 69,578 | |||
| Horizon Lines, Inc. Class A |
3,307 | 20,999 | |||
| JB Hunt Transport Services, Inc. |
1,020 | 32,773 | |||
| Norfolk Southern Corp. |
4,259 | 183,605 | |||
| Overseas Shipholding Group, Inc. |
579 | 21,637 | |||
| Ryder System, Inc. |
696 | 27,186 | |||
| Tidewater, Inc. |
653 | 30,750 | |||
| Union Pacific Corp. |
4,873 | 284,340 | |||
| United Parcel Service, Inc. Class B |
9,638 | 544,258 | |||
| Total Transportation | 1,815,733 | ||||
| Investments | Shares | Value | ||||
| Trucking & Leasing – 0.0% | ||||||
| GATX Corp. |
892 | $ | 24,931 | |||
| Water – 0.1% | ||||||
| American States Water Co. |
495 | 17,909 | ||||
| American Water Works Co., Inc. |
2,595 | 51,744 | ||||
| Aqua America, Inc.(a) |
1,311 | 23,126 | ||||
| California Water Service Group |
377 | 14,681 | ||||
| Total Water | 107,460 | |||||
| TOTAL COMMON STOCKS (Cost: $133,705,877) |
123,796,295 | |||||
| SHORT-TERM INVESTMENT – 0.2% | ||||||
| MONEY MARKET FUND – 0.2% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $212,637) |
212,637 | 212,637 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.6% | ||||||
| MONEY MARKET FUND – 0.6% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $732,006)(d) |
732,006 | 732,006 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 100.4% (Cost: $134,650,520)(e) |
124,740,938 | |||||
| Liabilities in Excess of Other Assets – (0.4)% |
(494,427 | ) | ||||
| NET ASSETS – 100.0% | $ | 124,246,511 | ||||
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $700,898 and the total market value of the collateral held by the Fund was $732,006. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 18 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Equity Income Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.6% | |||||
| Advertising – 0.0% | |||||
| Harte-Hanks, Inc. |
2,942 | $ | 40,688 | ||
| Agriculture – 7.3% | |||||
| Altria Group, Inc. |
173,819 | 3,095,716 | |||
| Lorillard, Inc. |
10,905 | 810,241 | |||
| Philip Morris International, Inc. |
105,324 | 5,133,492 | |||
| Reynolds American, Inc. |
24,660 | 1,097,863 | |||
| Universal Corp. |
1,385 | 57,921 | |||
| Vector Group Ltd. |
8,005 | 124,718 | |||
| Total Agriculture | 10,319,951 | ||||
| Apparel – 0.3% | |||||
| Jones Apparel Group, Inc. |
7,691 | 137,900 | |||
| VF Corp. |
4,700 | 340,421 | |||
| Total Apparel | 478,321 | ||||
| Auto Parts & Equipment – 0.1% | |||||
| Cooper Tire & Rubber Co. |
4,301 | 75,611 | |||
| Superior Industries International, Inc. |
1,529 | 21,712 | |||
| Total Auto Parts & Equipment | 97,323 | ||||
| Banks – 23.8% | |||||
| Associated Banc-Corp. |
8,258 | 94,306 | |||
| Bank of America Corp. |
628,369 | 10,632,004 | |||
| BB&T Corp. |
38,395 | 1,045,880 | |||
| Chemical Financial Corp. |
1,196 | 26,061 | |||
| Comerica, Inc. |
10,375 | 307,826 | |||
| Fifth Third Bancorp |
45,865 | 464,612 | |||
| First Busey Corp.(a) |
1,616 | 7,595 | |||
| First Commonwealth Financial Corp. |
4,955 | 28,144 | |||
| First Financial Bancorp |
2,022 | 24,365 | |||
| First Merchants Corp. |
806 | 5,618 | |||
| First Midwest Bancorp, Inc. |
3,155 | 35,557 | |||
| FirstMerit Corp. |
4,812 | 91,572 | |||
| FNB Corp.(a) |
6,707 | 47,687 | |||
| Fulton Financial Corp. |
11,601 | 85,383 | |||
| Harleysville National Corp. |
1,791 | 9,546 | |||
| Huntington Bancshares, Inc. |
26,922 | 126,803 | |||
| JPMorgan Chase & Co. |
188,740 | 8,270,587 | |||
| Marshall & Ilsley Corp. |
26,168 | 211,176 | |||
| Morgan Stanley |
74,719 | 2,307,323 | |||
| Old National Bancorp |
3,704 | 41,485 | |||
| Park National Corp.(a) |
841 | 49,064 | |||
| PNC Financial Services Group, Inc. |
20,775 | 1,009,457 | |||
| Sandy Spring Bancorp, Inc.(a) |
763 | 12,422 | |||
| Sterling Bancorp |
1,107 | 7,993 | |||
| SunTrust Banks, Inc. |
26,534 | 598,342 | |||
| Susquehanna Bancshares, Inc. |
6,067 | 35,735 | |||
| TCF Financial Corp. |
10,532 | 137,337 | |||
| Trustmark Corp. |
2,678 | 51,016 | |||
| U.S. Bancorp |
120,850 | 2,641,781 | |||
| Umpqua Holdings Corp. |
3,294 | 34,916 | |||
| Webster Financial Corp. |
5,254 | 65,517 | |||
| Wells Fargo & Co. |
177,083 | 4,990,199 | |||
| Investments | Shares | Value | |||
| Whitney Holding Corp. |
3,362 | $ | 32,073 | ||
| Wilmington Trust Corp. |
4,011 | 56,956 | |||
| Total Banks | 33,586,338 | ||||
| Building Materials – 0.3% | |||||
| Masco Corp. |
29,690 | 383,595 | |||
| Chemicals – 3.6% | |||||
| Dow Chemical Co. (The) |
78,200 | 2,038,674 | |||
| E.I. Du Pont de Nemours & Co. |
58,464 | 1,879,033 | |||
| Eastman Chemical Co. |
4,369 | 233,916 | |||
| Huntsman Corp. |
27,512 | 250,635 | |||
| Olin Corp. |
3,612 | 62,993 | |||
| PPG Industries, Inc. |
8,385 | 488,091 | |||
| RPM International, Inc. |
7,999 | 147,901 | |||
| Total Chemicals | 5,101,243 | ||||
| Commercial Services – 0.4% | |||||
| Corporate Executive Board Co. (The) |
2,924 | 72,808 | |||
| Deluxe Corp. |
3,335 | 57,028 | |||
| Electro Rent Corp. |
1,441 | 16,600 | |||
| Hillenbrand, Inc. |
3,021 | 61,538 | |||
| R.R. Donnelley & Sons Co. |
16,021 | 340,606 | |||
| Sotheby’s(a) |
4,686 | 80,740 | |||
| Total Commercial Services | 629,320 | ||||
| Distribution/Wholesale – 0.0% | |||||
| Watsco, Inc. |
1,159 | 62,482 | |||
| Diversified Financial Services – 0.7% | |||||
| Federated Investors, Inc. Class B |
5,778 | 152,366 | |||
| GFI Group, Inc. |
7,264 | 52,519 | |||
| Legg Mason, Inc. |
6,313 | 195,892 | |||
| NYSE Euronext |
12,094 | 349,396 | |||
| Student Loan Corp. (The) |
2,956 | 137,158 | |||
| Waddell & Reed Financial, Inc. Class A |
4,643 | 132,093 | |||
| Total Diversified Financial Services | 1,019,424 | ||||
| Electric – 5.8% | |||||
| ALLETE, Inc. |
1,819 | 61,064 | |||
| Ameren Corp. |
16,819 | 425,184 | |||
| American Electric Power Co., Inc. |
20,763 | 643,445 | |||
| Black Hills Corp. |
2,117 | 53,285 | |||
| Central Vermont Public Service Corp. |
503 | 9,708 | |||
| CH Energy Group, Inc. |
721 | 31,947 | |||
| Consolidated Edison, Inc. |
16,593 | 679,317 | |||
| Constellation Energy Group, Inc. |
14,400 | 466,128 | |||
| DPL, Inc. |
5,968 | 155,765 | |||
| DTE Energy Co. |
10,196 | 358,287 | |||
| Duke Energy Corp. |
80,236 | 1,262,915 | |||
| Empire District Electric Co. (The) |
2,409 | 43,579 | |||
| Great Plains Energy, Inc. |
10,418 | 187,003 | |||
| Integrys Energy Group, Inc. |
4,851 | 174,102 | |||
| NorthWestern Corp. |
2,099 | 51,279 | |||
| OGE Energy Corp. |
5,270 | 174,332 | |||
| Otter Tail Corp. |
1,825 | 43,672 | |||
| Pepco Holdings, Inc. |
13,893 | 206,728 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 19 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Equity Income Fund
September 30, 2009
| Investments | Shares | Value | |||
| Pinnacle West Capital Corp. |
7,117 | $ | 233,580 | ||
| PNM Resources, Inc. |
4,113 | 48,040 | |||
| Portland General Electric Co. |
3,493 | 68,882 | |||
| Progress Energy, Inc. |
16,659 | 650,701 | |||
| SCANA Corp. |
6,349 | 221,580 | |||
| Southern Co. (The) |
36,740 | 1,163,556 | |||
| TECO Energy, Inc. |
14,416 | 202,977 | |||
| UIL Holdings Corp. |
1,476 | 38,952 | |||
| Westar Energy, Inc. |
6,515 | 127,108 | |||
| Xcel Energy, Inc. |
23,792 | 457,758 | |||
| Total Electric | 8,240,874 | ||||
| Electrical Components & Equipment – 0.2% | |||||
| Hubbell, Inc. Class B |
2,182 | 91,644 | |||
| Molex, Inc. |
4,263 | 89,012 | |||
| Molex, Inc. Class A |
3,913 | 73,525 | |||
| Total Electrical Components & Equipment | 254,181 | ||||
| Electronics – 0.1% | |||||
| Gentex Corp. |
6,853 | 96,970 | |||
| Entertainment – 0.5% | |||||
| Cinemark Holdings, Inc. |
10,442 | 108,179 | |||
| International Game Technology |
14,610 | 313,823 | |||
| National CineMedia, Inc. |
3,107 | 52,726 | |||
| Regal Entertainment Group Class A |
15,446 | 190,294 | |||
| Total Entertainment | 665,022 | ||||
| Food – 0.7% | |||||
| B&G Foods, Inc. Class A |
4,941 | 40,467 | |||
| ConAgra Foods, Inc. |
21,471 | 465,491 | |||
| Sara Lee Corp. |
32,844 | 365,882 | |||
| SUPERVALU, Inc. |
11,113 | 167,362 | |||
| Total Food | 1,039,202 | ||||
| Forest Products & Paper – 1.5% | |||||
| International Paper Co. |
35,026 | 778,628 | |||
| MeadWestvaco Corp. |
14,042 | 313,277 | |||
| Plum Creek Timber Co., Inc. |
7,959 | 243,864 | |||
| Rayonier, Inc. |
5,181 | 211,955 | |||
| Weyerhaeuser Co. |
15,251 | 558,949 | |||
| Total Forest Products & Paper | 2,106,673 | ||||
| Gas – 0.8% | |||||
| AGL Resources, Inc. |
4,307 | 151,908 | |||
| Atmos Energy Corp. |
5,163 | 145,493 | |||
| Centerpoint Energy, Inc. |
20,006 | 248,675 | |||
| Nicor, Inc. |
2,447 | 89,536 | |||
| NiSource, Inc. |
23,340 | 324,193 | |||
| Vectren Corp. |
4,488 | 103,403 | |||
| Total Gas | 1,063,208 | ||||
| Holding Companies-Diversified – 0.0% | |||||
| Compass Diversified Holdings |
3,552 | 37,189 | |||
| Home Furnishings – 0.0% | |||||
| Ethan Allen Interiors, Inc. |
2,386 | 39,369 | |||
| Investments | Shares | Value | |||
| Household Products/Wares – 0.4% | |||||
| Avery Dennison Corp. |
5,315 | $ | 191,393 | ||
| Blyth, Inc. |
716 | 27,731 | |||
| Ennis, Inc. |
1,466 | 23,647 | |||
| Fortune Brands, Inc. |
6,645 | 285,602 | |||
| Total Household Products/Wares | 528,373 | ||||
| Housewares – 0.3% | |||||
| Newell Rubbermaid, Inc. |
24,682 | 387,261 | |||
| Insurance – 2.1% | |||||
| Allstate Corp. (The) |
27,966 | 856,319 | |||
| Arthur J. Gallagher & Co. |
4,973 | 121,192 | |||
| Baldwin & Lyons, Inc. Class B |
679 | 15,922 | |||
| Cincinnati Financial Corp. |
8,455 | 219,745 | |||
| Erie Indemnity Co. Class A |
2,367 | 88,668 | |||
| FBL Financial Group, Inc. Class A |
1,227 | 23,841 | |||
| Fidelity National Financial, Inc. Class A |
8,249 | 124,395 | |||
| Hartford Financial Services Group, Inc. |
22,753 | 602,954 | |||
| Horace Mann Educators Corp. |
1,838 | 25,677 | |||
| Lincoln National Corp. |
11,223 | 290,788 | |||
| Mercury General Corp. |
2,827 | 102,281 | |||
| Old Republic International Corp. |
14,882 | 181,263 | |||
| Protective Life Corp. |
2,488 | 53,293 | |||
| Safety Insurance Group, Inc. |
701 | 23,077 | |||
| Stewart Information Services Corp. |
690 | 8,535 | |||
| Unitrin, Inc. |
7,440 | 145,006 | |||
| Zenith National Insurance Corp. |
2,313 | 71,472 | |||
| Total Insurance | 2,954,428 | ||||
| Internet – 0.0% | |||||
| NutriSystem, Inc. |
1,491 | 22,753 | |||
| United Online, Inc. |
5,714 | 45,940 | |||
| Total Internet | 68,693 | ||||
| Investment Companies – 0.6% | |||||
| Apollo Investment Corp. |
33,641 | 321,272 | |||
| Ares Capital Corp. |
27,263 | 300,438 | |||
| BlackRock Kelso Capital Corp. |
10,087 | 74,846 | |||
| Hercules Technology Growth Capital, Inc. |
6,214 | 61,021 | |||
| NGP Capital Resources Co. |
4,050 | 29,403 | |||
| Prospect Capital Corp.(a) |
4,487 | 48,056 | |||
| Total Investment Companies | 835,036 | ||||
| Iron/Steel – 0.1% | |||||
| Steel Dynamics, Inc. |
6,344 | 97,317 | |||
| Leisure Time – 0.4% | |||||
| Harley-Davidson, Inc. |
18,676 | 429,548 | |||
| Polaris Industries, Inc. |
1,784 | 72,752 | |||
| Total Leisure Time | 502,300 | ||||
| Lodging – 0.2% | |||||
| Starwood Hotels & Resorts Worldwide, Inc. |
9,500 | 313,785 | |||
| Machinery-Diversified – 0.1% | |||||
| Briggs & Stratton Corp.(a) |
2,733 | 53,047 | |||
| NACCO Industries, Inc. Class A |
356 | 21,385 | |||
| Total Machinery-Diversified | 74,432 | ||||
See Notes to Financial Statements.
| 20 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Equity Income Fund
September 30, 2009
| Investments | Shares | Value | |||
| Media – 1.3% | |||||
| CBS Corp. Class A |
7,924 | $ | 95,563 | ||
| CBS Corp. Class B |
87,462 | 1,053,917 | |||
| Courier Corp. |
424 | 6,424 | |||
| Gannett Co., Inc. |
48,063 | 601,268 | |||
| Meredith Corp. |
1,820 | 54,491 | |||
| World Wrestling Entertainment, Inc. Class A |
2,912 | 40,797 | |||
| Total Media | 1,852,460 | ||||
| Metal Fabricate/Hardware – 0.1% | |||||
| Timken Co. |
3,843 | 90,042 | |||
| Worthington Industries, Inc. |
4,468 | 62,105 | |||
| Total Metal Fabricate/Hardware | 152,147 | ||||
| Mining – 2.3% | |||||
| Alcoa, Inc. |
56,237 | 737,829 | |||
| Kaiser Aluminum Corp. |
946 | 34,397 | |||
| Southern Copper Corp. |
79,550 | 2,441,389 | |||
| Total Mining | 3,213,615 | ||||
| Miscellaneous Manufacturing – 9.7% | |||||
| Barnes Group, Inc. |
2,407 | 41,135 | |||
| Crane Co. |
3,148 | 81,250 | |||
| General Electric Co. |
795,319 | 13,059,138 | |||
| Leggett & Platt, Inc. |
10,682 | 207,231 | |||
| Textron, Inc. |
14,761 | 280,164 | |||
| Total Miscellaneous Manufacturing | 13,668,918 | ||||
| Office Furnishings – 0.1% | |||||
| HNI Corp. |
2,427 | 57,277 | |||
| Steelcase, Inc. Class A |
7,972 | 49,506 | |||
| Total Office Furnishings | 106,783 | ||||
| Office/Business Equipment – 0.2% | |||||
| Pitney Bowes, Inc. |
11,748 | 291,938 | |||
| Oil & Gas – 0.1% | |||||
| Patterson-UTI Energy, Inc. |
9,420 | 142,242 | |||
| Packaging & Containers – 0.3% | |||||
| Greif, Inc. Class A |
1,199 | 66,005 | |||
| Packaging Corp. of America |
9,403 | 191,821 | |||
| Temple-Inland, Inc. |
9,124 | 149,816 | |||
| Total Packaging & Containers | 407,642 | ||||
| Pharmaceuticals – 11.5% | |||||
| Bristol-Myers Squibb Co. |
108,326 | 2,439,502 | |||
| Eli Lilly & Co. |
56,199 | 1,856,253 | |||
| Merck & Co., Inc. |
113,340 | 3,584,944 | |||
| Pfizer, Inc. |
502,920 | 8,323,326 | |||
| Total Pharmaceuticals | 16,204,025 | ||||
| Pipelines – 0.7% | |||||
| Oneok, Inc. |
6,120 | 224,114 | |||
| Spectra Energy Corp. |
39,870 | 755,138 | |||
| Total Pipelines | 979,252 | ||||
| REITS – 8.8% | |||||
| Acadia Realty Trust |
1,803 | 27,171 | |||
| Alexandria Real Estate Equities, Inc. |
1,867 | 101,471 | |||
| Investments | Shares | Value | |||
| American Campus Communities, Inc. |
2,583 | $ | 69,354 | ||
| Apartment Investment & Management Co. Class A |
16,289 | 240,263 | |||
| AvalonBay Communities, Inc. |
4,312 | 313,612 | |||
| BioMed Realty Trust, Inc. |
9,774 | 134,881 | |||
| Boston Properties, Inc. |
5,842 | 382,943 | |||
| Brandywine Realty Trust |
21,558 | 238,000 | |||
| BRE Properties, Inc. |
3,912 | 122,446 | |||
| Camden Property Trust |
4,676 | 188,443 | |||
| CBL & Associates Properties, Inc.(a) |
13,824 | 134,093 | |||
| Colonial Properties Trust |
6,149 | 59,830 | |||
| Corporate Office Properties Trust SBI MD |
2,655 | 97,916 | |||
| Cousins Properties, Inc. |
3,542 | 29,328 | |||
| DCT Industrial Trust, Inc. |
11,621 | 59,383 | |||
| Digital Realty Trust, Inc. |
2,958 | 135,210 | |||
| Douglas Emmett, Inc. |
6,960 | 85,469 | |||
| Duke Realty Corp. |
24,781 | 297,620 | |||
| EastGroup Properties, Inc. |
1,418 | 54,196 | |||
| Entertainment Properties Trust |
3,665 | 125,123 | |||
| Equity One, Inc.(a) |
5,271 | 82,597 | |||
| Equity Residential |
17,776 | 545,723 | |||
| Essex Property Trust, Inc. |
1,403 | 111,651 | |||
| Federal Realty Investment Trust |
2,492 | 152,934 | |||
| First Potomac Realty Trust |
4,701 | 54,344 | |||
| Franklin Street Properties Corp. |
4,295 | 56,265 | |||
| Getty Realty Corp. |
2,259 | 55,436 | |||
| HCP, Inc. |
17,547 | 504,301 | |||
| Health Care REIT, Inc. |
7,182 | 298,915 | |||
| Healthcare Realty Trust, Inc. |
4,187 | 88,471 | |||
| Highwoods Properties, Inc. |
4,203 | 132,184 | |||
| Home Properties, Inc. |
2,271 | 97,857 | |||
| HRPT Properties Trust |
61,095 | 459,434 | |||
| Inland Real Estate Corp. |
5,076 | 44,466 | |||
| Investors Real Estate Trust |
4,030 | 36,431 | |||
| Kilroy Realty Corp. |
2,412 | 66,909 | |||
| Kimco Realty Corp. |
25,157 | 328,047 | |||
| LaSalle Hotel Properties |
3,584 | 70,461 | |||
| Lexington Realty Trust |
12,395 | 63,215 | |||
| Liberty Property Trust |
8,321 | 270,682 | |||
| LTC Properties, Inc. |
1,780 | 42,791 | |||
| Macerich Co. (The)(a) |
11,872 | 360,078 | |||
| Mack-Cali Realty Corp. |
7,429 | 240,180 | |||
| Medical Properties Trust, Inc. |
10,971 | 85,684 | |||
| Mid-America Apartment Communities, Inc. |
1,830 | 82,588 | |||
| National Health Investors, Inc. |
2,237 | 70,801 | |||
| National Retail Properties, Inc. |
7,207 | 154,734 | |||
| Nationwide Health Properties, Inc. |
6,630 | 205,464 | |||
| Omega Healthcare Investors, Inc. |
7,157 | 114,655 | |||
| Parkway Properties, Inc. |
1,128 | 22,222 | |||
| Post Properties, Inc. |
4,665 | 83,970 | |||
| Potlatch Corp. |
3,094 | 88,024 | |||
| ProLogis |
59,629 | 710,778 | |||
| Public Storage Class A |
1,053 | 27,041 | |||
| Realty Income Corp.(a) |
7,229 | 185,424 | |||
| Regency Centers Corp. |
4,694 | 173,913 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 21 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Equity Income Fund
September 30, 2009
| Investments | Shares | Value | |||
| Saul Centers, Inc. |
774 | $ | 24,845 | ||
| Senior Housing Properties Trust |
10,464 | 199,967 | |||
| Simon Property Group, Inc. |
14,933 | 1,036,798 | |||
| SL Green Realty Corp. |
7,101 | 311,379 | |||
| Sovran Self Storage, Inc. |
1,577 | 47,988 | |||
| Sun Communities, Inc. |
3,664 | 78,849 | |||
| Taubman Centers, Inc. |
3,217 | 116,069 | |||
| UDR, Inc. |
12,588 | 198,135 | |||
| Universal Health Realty Income Trust |
837 | 27,244 | |||
| Urstadt Biddle Properties, Inc. Class A |
1,221 | 17,814 | |||
| U-Store-It Trust |
9,748 | 60,925 | |||
| Ventas, Inc. |
9,915 | 381,727 | |||
| Vornado Realty Trust |
9,786 | 630,316 | |||
| Washington Real Estate Investment Trust |
3,117 | 89,770 | |||
| Weingarten Realty Investors |
8,737 | 174,041 | |||
| Total REITS | 12,461,289 | ||||
| Retail – 1.1% | |||||
| Barnes & Noble, Inc.(a) |
3,853 | 85,614 | |||
| Brinker International, Inc. |
4,057 | 63,817 | |||
| Brown Shoe Co., Inc. |
1,667 | 13,369 | |||
| Cato Corp. (The) Class A |
1,310 | 26,580 | |||
| Foot Locker, Inc. |
11,990 | 143,280 | |||
| Ltd. Brands, Inc. |
22,023 | 374,171 | |||
| Macy’s, Inc. |
21,269 | 389,010 | |||
| Nordstrom, Inc. |
10,952 | 334,474 | |||
| PEP Boys-Manny, Moe & Jack |
3,834 | 37,458 | |||
| Williams-Sonoma, Inc. |
6,449 | 130,463 | |||
| Total Retail | 1,598,236 | ||||
| Savings & Loans – 0.4% | |||||
| Astoria Financial Corp. |
6,185 | 68,282 | |||
| Capitol Federal Financial |
3,484 | 114,693 | |||
| First Financial Holdings, Inc. |
590 | 9,422 | |||
| New York Community Bancorp, Inc.(a) |
28,278 | 322,935 | |||
| Washington Federal, Inc. |
4,697 | 79,192 | |||
| Total Savings & Loans | 594,524 | ||||
| Semiconductors – 0.8% | |||||
| Analog Devices, Inc. |
12,604 | 347,618 | |||
| Intersil Corp. Class A |
6,594 | 100,954 | |||
| Maxim Integrated Products, Inc. |
20,636 | 374,337 | |||
| Microchip Technology, Inc. |
12,766 | 338,299 | |||
| Total Semiconductors | 1,161,208 | ||||
| Software – 0.0% | |||||
| Computer Programs & Systems, Inc. |
603 | 24,970 | |||
| Telecommunications – 11.7% | |||||
| Alaska Communications Systems Group, Inc. |
4,130 | 38,202 | |||
| AT&T, Inc. |
338,226 | 9,135,484 | |||
| CenturyTel, Inc. |
28,051 | 942,514 | |||
| Consolidated Communications Holdings, Inc. |
4,180 | 66,922 | |||
| Frontier Communications Corp. |
36,725 | 276,906 | |||
| Iowa Telecommunications Services, Inc. |
3,668 | 46,217 | |||
| NTELOS Holdings Corp. |
1,898 | 33,519 | |||
| Qwest Communications International, Inc. |
161,385 | 614,877 | |||
| Investments | Shares | Value | ||||
| Verizon Communications, Inc. |
158,668 | $ | 4,802,880 | |||
| Windstream Corp. |
49,097 | 497,353 | ||||
| Total Telecommunications | 16,454,874 | |||||
| Toys/Games/Hobbies – 0.2% | ||||||
| Mattel, Inc. |
17,893 | 330,305 | ||||
| Transportation – 0.0% | ||||||
| Overseas Shipholding Group, Inc.(a) |
1,234 | 46,115 | ||||
| TOTAL COMMON STOCKS (Cost: $157,758,028) |
140,713,541 | |||||
| SHORT-TERM INVESTMENT – 0.1% | ||||||
| MONEY MARKET FUND – 0.1% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $81,841) |
81,841 | 81,841 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.8% | ||||||
| MONEY MARKET FUND – 0.8% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $1,178,010)(d) |
1,178,010 | 1,178,010 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 100.5% (Cost: $159,017,879)(e) | 141,973,392 | |||||
| Liabilities in Excess of Other Assets – (0.5)% |
(770,242 | ) | ||||
| NET ASSETS – 100.0% | $ | 141,203,150 | ||||
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $1,133,511 and the total market value of the collateral held by the Fund was $1,178,010. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 22 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree LargeCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.6% | |||||
| Advertising – 0.1% | |||||
| Omnicom Group, Inc. |
11,433 | $ | 422,335 | ||
| Aerospace/Defense – 2.5% | |||||
| Boeing Co. (The) |
45,795 | 2,479,799 | |||
| General Dynamics Corp. |
15,907 | 1,027,592 | |||
| Goodrich Corp. |
5,615 | 305,119 | |||
| L-3 Communications Holdings, Inc. |
3,193 | 256,462 | |||
| Lockheed Martin Corp. |
18,592 | 1,451,663 | |||
| Northrop Grumman Corp. |
20,034 | 1,036,760 | |||
| Raytheon Co. |
15,262 | 732,118 | |||
| Rockwell Collins, Inc. |
6,478 | 329,082 | |||
| United Technologies Corp. |
46,336 | 2,823,253 | |||
| Total Aerospace/Defense | 10,441,848 | ||||
| Agriculture – 4.1% | |||||
| Altria Group, Inc. |
279,224 | 4,972,980 | |||
| Archer-Daniels-Midland Co. |
19,324 | 564,647 | |||
| Lorillard, Inc. |
17,497 | 1,300,027 | |||
| Philip Morris International, Inc. |
169,617 | 8,267,133 | |||
| Reynolds American, Inc. |
39,112 | 1,741,266 | |||
| Total Agriculture | 16,846,053 | ||||
| Airlines – 0.0% | |||||
| Southwest Airlines Co. |
2,644 | 25,382 | |||
| Apparel – 0.3% | |||||
| NIKE, Inc. Class B |
12,397 | 802,086 | |||
| VF Corp. |
7,598 | 550,323 | |||
| Total Apparel | 1,352,409 | ||||
| Auto Manufacturers – 0.1% | |||||
| PACCAR, Inc. |
14,997 | 565,537 | |||
| Auto Parts & Equipment – 0.2% | |||||
| Johnson Controls, Inc. |
27,846 | 711,744 | |||
| Banks – 14.8% | |||||
| Bank of America Corp. |
1,011,226 | 17,109,944 | |||
| Bank of New York Mellon Corp. (The) |
68,190 | 1,976,828 | |||
| BB&T Corp. |
61,739 | 1,681,770 | |||
| Capital One Financial Corp. |
31,005 | 1,107,809 | |||
| Fifth Third Bancorp |
73,888 | 748,485 | |||
| Goldman Sachs Group, Inc. (The) |
12,447 | 2,294,604 | |||
| JPMorgan Chase & Co. |
303,953 | 13,319,220 | |||
| KeyCorp |
24,438 | 158,847 | |||
| M&T Bank Corp. |
8,861 | 552,218 | |||
| Marshall & Ilsley Corp. |
42,703 | 344,613 | |||
| Morgan Stanley |
120,808 | 3,730,551 | |||
| Northern Trust Corp. |
7,961 | 463,012 | |||
| PNC Financial Services Group, Inc. |
36,268 | 1,762,262 | |||
| Regions Financial Corp. |
55,338 | 343,649 | |||
| State Street Corp. |
16,998 | 894,095 | |||
| SunTrust Banks, Inc. |
42,552 | 959,548 | |||
| U.S. Bancorp |
195,323 | 4,269,761 | |||
| Wells Fargo & Co. |
309,435 | 8,719,878 | |||
| Zions Bancorp. |
9,781 | 175,765 | |||
| Total Banks | 60,612,859 | ||||
| Investments | Shares | Value | |||
| Beverages – 3.1% | |||||
| Brown-Forman Corp. Class B |
3,484 | $ | 167,999 | ||
| Coca-Cola Co. (The) |
128,575 | 6,904,478 | |||
| Coca-Cola Enterprises, Inc. |
19,006 | 406,918 | |||
| Molson Coors Brewing Co. Class B |
4,434 | 215,847 | |||
| Pepsi Bottling Group, Inc. |
10,836 | 394,864 | |||
| PepsiCo, Inc. |
78,941 | 4,630,679 | |||
| Total Beverages | 12,720,785 | ||||
| Building Materials – 0.0% | |||||
| Martin Marietta Materials, Inc. |
1,117 | 102,842 | |||
| Chemicals – 2.7% | |||||
| Air Products & Chemicals, Inc. |
12,869 | 998,377 | |||
| Dow Chemical Co. (The) |
124,763 | 3,252,572 | |||
| E.I. Du Pont de Nemours & Co. |
94,134 | 3,025,467 | |||
| Ecolab, Inc. |
5,752 | 265,915 | |||
| Monsanto Co. |
12,126 | 938,552 | |||
| Mosaic Co. (The) |
4,301 | 206,749 | |||
| PPG Industries, Inc. |
13,751 | 800,446 | |||
| Praxair, Inc. |
13,070 | 1,067,688 | |||
| Sherwin-Williams Co. (The) |
4,881 | 293,641 | |||
| Sigma-Aldrich Corp. |
2,681 | 144,720 | |||
| Total Chemicals | 10,994,127 | ||||
| Coal – 0.1% | |||||
| Consol Energy, Inc. |
3,944 | 177,914 | |||
| Peabody Energy Corp. |
4,356 | 162,130 | |||
| Total Coal | 340,044 | ||||
| Commercial Services – 0.7% | |||||
| Automatic Data Processing, Inc. |
29,022 | 1,140,565 | |||
| DeVry, Inc. |
465 | 25,724 | |||
| H&R Block, Inc. |
15,319 | 281,563 | |||
| Mastercard, Inc. Class A |
629 | 127,153 | |||
| Moody’s Corp. |
6,342 | 129,757 | |||
| Paychex, Inc. |
27,745 | 805,992 | |||
| Visa, Inc. Class A |
5,574 | 385,219 | |||
| Western Union Co. (The) |
3,435 | 64,990 | |||
| Total Commercial Services | 2,960,963 | ||||
| Computers – 1.9% | |||||
| Hewlett-Packard Co. |
35,993 | 1,699,229 | |||
| International Business Machines Corp. |
52,260 | 6,250,819 | |||
| Total Computers | 7,950,048 | ||||
| Cosmetics/Personal Care – 2.4% | |||||
| Avon Products, Inc. |
23,720 | 805,531 | |||
| Colgate-Palmolive Co. |
19,907 | 1,518,506 | |||
| Procter & Gamble Co. (The) |
128,574 | 7,447,006 | |||
| Total Cosmetics/Personal Care | 9,771,043 | ||||
| Distribution/Wholesale – 0.2% | |||||
| Fastenal Co. |
3,903 | 151,046 | |||
| Genuine Parts Co. |
10,992 | 418,355 | |||
| W.W. Grainger, Inc. |
2,652 | 236,983 | |||
| Total Distribution/Wholesale | 806,384 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 23 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree LargeCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Diversified Financial Services – 1.7% | |||||
| American Express Co. |
69,955 | $ | 2,371,475 | ||
| Ameriprise Financial, Inc. |
10,497 | 381,356 | |||
| BlackRock, Inc. |
4,373 | 948,154 | |||
| Charles Schwab Corp. (The) |
29,499 | 564,906 | |||
| CME Group, Inc. |
2,354 | 725,479 | |||
| Discover Financial Services |
20,394 | 330,995 | |||
| Franklin Resources, Inc. |
4,754 | 478,252 | |||
| NYSE Euronext |
19,378 | 559,830 | |||
| T. Rowe Price Group, Inc. |
12,100 | 552,970 | |||
| Total Diversified Financial Services | 6,913,417 | ||||
| Electric – 5.4% | |||||
| Allegheny Energy, Inc. |
5,335 | 141,484 | |||
| Ameren Corp. |
26,608 | 672,650 | |||
| American Electric Power Co., Inc. |
34,226 | 1,060,664 | |||
| Consolidated Edison, Inc. |
27,338 | 1,119,218 | |||
| Constellation Energy Group, Inc. |
22,697 | 734,702 | |||
| Dominion Resources, Inc. |
42,048 | 1,450,656 | |||
| DTE Energy Co. |
16,201 | 569,303 | |||
| Duke Energy Corp. |
127,504 | 2,006,913 | |||
| Edison International |
20,837 | 699,706 | |||
| Entergy Corp. |
11,327 | 904,574 | |||
| Exelon Corp. |
42,610 | 2,114,308 | |||
| FirstEnergy Corp. |
21,868 | 999,805 | |||
| FPL Group, Inc. |
23,774 | 1,313,038 | |||
| MDU Resources Group, Inc. |
9,199 | 191,799 | |||
| Northeast Utilities |
9,673 | 229,637 | |||
| NSTAR |
7,049 | 224,299 | |||
| Pepco Holdings, Inc. |
22,654 | 337,092 | |||
| PG&E Corp. |
23,660 | 957,993 | |||
| PPL Corp. |
27,385 | 830,861 | |||
| Progress Energy, Inc. |
27,120 | 1,059,307 | |||
| Public Service Enterprise Group, Inc. |
36,972 | 1,162,400 | |||
| SCANA Corp. |
10,403 | 363,065 | |||
| Southern Co. (The) |
59,098 | 1,871,634 | |||
| Wisconsin Energy Corp. |
4,840 | 218,623 | |||
| Xcel Energy, Inc. |
37,775 | 726,791 | |||
| Total Electric | 21,960,522 | ||||
| Electrical Components & Equipment – 0.5% | |||||
| Ametek, Inc. |
1,395 | 48,699 | |||
| Emerson Electric Co. |
48,460 | 1,942,277 | |||
| Total Electrical Components & Equipment | 1,990,976 | ||||
| Electronics – 0.0% | |||||
| Amphenol Corp. Class A |
394 | 14,846 | |||
| Engineering & Construction – 0.0% | |||||
| Fluor Corp. |
3,333 | 169,483 | |||
| Environmental Control – 0.3% | |||||
| Republic Services, Inc. |
9,868 | 262,193 | |||
| Waste Management, Inc. |
27,712 | 826,372 | |||
| Total Environmental Control | 1,088,565 | ||||
| Investments | Shares | Value | |||
| Food – 2.4% | |||||
| Campbell Soup Co. |
20,694 | $ | 675,038 | ||
| ConAgra Foods, Inc. |
34,803 | 754,529 | |||
| General Mills, Inc. |
15,904 | 1,023,900 | |||
| H.J. Heinz Co. |
22,849 | 908,248 | |||
| Hershey Co. (The) |
9,215 | 358,095 | |||
| J.M. Smucker Co. (The) |
5,833 | 309,207 | |||
| Kellogg Co. |
19,847 | 977,068 | |||
| Kraft Foods, Inc. Class A |
104,035 | 2,732,999 | |||
| Kroger Co. (The) |
14,980 | 309,187 | |||
| Safeway, Inc. |
9,909 | 195,405 | |||
| Sara Lee Corp. |
52,450 | 584,293 | |||
| Sysco Corp. |
38,963 | 968,231 | |||
| Total Food | 9,796,200 | ||||
| Forest Products & Paper – 0.6% | |||||
| International Paper Co. |
56,633 | 1,258,952 | |||
| Plum Creek Timber Co., Inc. |
12,964 | 397,217 | |||
| Weyerhaeuser Co. |
24,694 | 905,035 | |||
| Total Forest Products & Paper | 2,561,204 | ||||
| Gas – 0.3% | |||||
| Centerpoint Energy, Inc. |
32,881 | 408,711 | |||
| Sempra Energy |
13,572 | 676,021 | |||
| Total Gas | 1,084,732 | ||||
| Healthcare-Products – 3.0% | |||||
| Baxter International, Inc. |
19,411 | 1,106,621 | |||
| Becton Dickinson & Co. |
7,834 | 546,422 | |||
| C.R. Bard, Inc. |
1,276 | 100,306 | |||
| DENTSPLY International, Inc. |
1,563 | 53,986 | |||
| Johnson & Johnson |
140,945 | 8,582,141 | |||
| Medtronic, Inc. |
42,731 | 1,572,501 | |||
| Stryker Corp. |
5,515 | 250,546 | |||
| Total Healthcare-Products | 12,212,523 | ||||
| Healthcare-Services – 0.1% | |||||
| Aetna, Inc. |
1,261 | 35,094 | |||
| Quest Diagnostics, Inc. |
2,608 | 136,111 | |||
| UnitedHealth Group, Inc. |
2,249 | 56,315 | |||
| Total Healthcare-Services | 227,520 | ||||
| Household Products/Wares – 0.7% | |||||
| Church & Dwight Co., Inc. |
647 | 36,711 | |||
| Clorox Co. |
7,726 | 454,443 | |||
| Fortune Brands, Inc. |
10,588 | 455,072 | |||
| Kimberly-Clark Corp. |
30,524 | 1,800,306 | |||
| Total Household Products/Wares | 2,746,532 | ||||
| Housewares – 0.2% | |||||
| Newell Rubbermaid, Inc. |
39,805 | 624,540 | |||
| Insurance – 1.9% | |||||
| Allstate Corp. (The) |
45,028 | 1,378,757 | |||
| American Family Life Assurance Co., Inc. |
18,771 | 802,273 | |||
| AON Corp. |
5,990 | 243,733 | |||
| Chubb Corp. |
15,583 | 785,539 | |||
| Cincinnati Financial Corp. |
13,842 | 359,754 | |||
See Notes to Financial Statements.
| 24 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree LargeCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Loews Corp. |
6,262 | $ | 214,473 | ||
| Marsh & McLennan Cos., Inc. |
28,712 | 710,048 | |||
| Metlife, Inc. |
25,550 | 972,688 | |||
| Principal Financial Group, Inc. |
9,487 | 259,849 | |||
| Prudential Financial, Inc. |
13,642 | 680,872 | |||
| Travelers Cos., Inc. (The) |
26,620 | 1,310,503 | |||
| Unum Group |
9,091 | 194,911 | |||
| W.R. Berkley Corp. |
2,126 | 53,745 | |||
| Total Insurance | 7,967,145 | ||||
| Iron/Steel – 0.2% | |||||
| Nucor Corp. |
15,436 | 725,646 | |||
| Leisure Time – 0.2% | |||||
| Harley-Davidson, Inc. |
30,239 | 695,497 | |||
| Lodging – 0.1% | |||||
| Marriott International, Inc. Class A |
11,323 | 312,402 | |||
| Machinery-Construction & Mining – 0.5% | |||||
| Caterpillar, Inc. |
38,677 | 1,985,290 | |||
| Machinery-Diversified – 0.4% | |||||
| Cummins, Inc. |
8,590 | 384,918 | |||
| Deere & Co. |
19,714 | 846,125 | |||
| Rockwell Automation, Inc. |
8,578 | 365,423 | |||
| Roper Industries, Inc. |
1,212 | 61,787 | |||
| Total Machinery-Diversified | 1,658,253 | ||||
| Media – 1.7% | |||||
| CBS Corp. Class B |
142,051 | 1,711,715 | |||
| Comcast Corp. Class A |
53,182 | 898,244 | |||
| Comcast Corp. Special Class A |
21,951 | 352,972 | |||
| McGraw-Hill Cos., Inc. (The) |
18,674 | 469,464 | |||
| News Corp. Class A |
41,070 | 492,429 | |||
| News Corp. Class B(a) |
17,963 | 251,302 | |||
| Time Warner, Inc. |
48,528 | 1,396,636 | |||
| Walt Disney Co. (The) |
46,940 | 1,288,973 | |||
| Total Media | 6,861,735 | ||||
| Metal Fabricate/Hardware – 0.0% | |||||
| Precision Castparts Corp. |
470 | 47,879 | |||
| Mining – 1.4% | |||||
| Alcoa, Inc. |
91,292 | 1,197,751 | |||
| Newmont Mining Corp. |
7,580 | 333,672 | |||
| Southern Copper Corp. |
128,746 | 3,951,215 | |||
| Vulcan Materials Co. |
5,231 | 282,840 | |||
| Total Mining | 5,765,478 | ||||
| Miscellaneous Manufacturing – 7.0% | |||||
| 3M Co. |
39,862 | 2,941,816 | |||
| Danaher Corp. |
1,115 | 75,062 | |||
| Dover Corp. |
9,721 | 376,786 | |||
| Eaton Corp. |
11,714 | 662,895 | |||
| General Electric Co. |
1,280,046 | 21,018,355 | |||
| Honeywell International, Inc. |
39,846 | 1,480,279 | |||
| Illinois Tool Works, Inc. |
30,896 | 1,319,568 | |||
| ITT Corp. |
4,622 | 241,037 | |||
| Parker Hannifin Corp. |
6,902 | 357,800 | |||
| Investments | Shares | Value | |||
| Textron, Inc. |
23,635 | $ | 448,592 | ||
| Total Miscellaneous Manufacturing | 28,922,190 | ||||
| Office/Business Equipment – 0.2% | |||||
| Pitney Bowes, Inc. |
18,787 | 466,857 | |||
| Xerox Corp. |
30,304 | 234,553 | |||
| Total Office/Business Equipment | 701,410 | ||||
| Oil & Gas – 8.1% | |||||
| Anadarko Petroleum Corp. |
7,276 | 456,423 | |||
| Apache Corp. |
4,474 | 410,847 | |||
| Chesapeake Energy Corp. |
18,467 | 524,463 | |||
| Chevron Corp. |
121,122 | 8,530,622 | |||
| ConocoPhillips |
89,772 | 4,054,104 | |||
| Devon Energy Corp. |
6,924 | 466,193 | |||
| Diamond Offshore Drilling, Inc.(a) |
1,930 | 184,354 | |||
| ENSCO International, Inc. |
777 | 33,054 | |||
| EOG Resources, Inc. |
3,321 | 277,337 | |||
| EQT Corp. |
5,954 | 253,640 | |||
| Exxon Mobil Corp. |
176,232 | 12,091,278 | |||
| Hess Corp. |
4,500 | 240,570 | |||
| Marathon Oil Corp. |
42,557 | 1,357,568 | |||
| Murphy Oil Corp. |
7,064 | 406,674 | |||
| Noble Energy, Inc. |
4,250 | 280,330 | |||
| Occidental Petroleum Corp. |
29,515 | 2,313,976 | |||
| Questar Corp. |
4,174 | 156,775 | |||
| Range Resources Corp. |
1,225 | 60,466 | |||
| Sunoco, Inc. |
5,486 | 156,077 | |||
| Valero Energy Corp. |
21,981 | 426,212 | |||
| XTO Energy, Inc. |
12,184 | 503,443 | |||
| Total Oil & Gas | 33,184,406 | ||||
| Oil & Gas Services – 0.3% | |||||
| Baker Hughes, Inc. |
9,943 | 424,168 | |||
| Halliburton Co. |
29,722 | 806,061 | |||
| Smith International, Inc. |
7,222 | 207,271 | |||
| Total Oil & Gas Services | 1,437,500 | ||||
| Pharmaceuticals – 8.5% | |||||
| Abbott Laboratories |
69,565 | 3,441,381 | |||
| Allergan, Inc. |
2,816 | 159,836 | |||
| AmerisourceBergen Corp. |
6,176 | 138,219 | |||
| Bristol-Myers Squibb Co. |
175,118 | 3,943,657 | |||
| Cardinal Health, Inc. |
9,696 | 259,853 | |||
| Eli Lilly & Co. |
90,930 | 3,003,418 | |||
| McKesson Corp. |
5,562 | 331,217 | |||
| Merck & Co., Inc. |
182,132 | 5,760,835 | |||
| Pfizer, Inc. |
809,143 | 13,391,317 | |||
| Schering-Plough Corp. |
40,654 | 1,148,476 | |||
| Wyeth |
69,963 | 3,398,803 | |||
| Total Pharmaceuticals | 34,977,012 | ||||
| Pipelines – 0.5% | |||||
| El Paso Corp. |
31,334 | 323,367 | |||
| Spectra Energy Corp. |
64,750 | 1,226,365 | |||
| Williams Cos., Inc. (The) |
29,917 | 534,617 | |||
| Total Pipelines | 2,084,349 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 25 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree LargeCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| REITS – 1.7% | |||||
| AvalonBay Communities, Inc. |
6,975 | $ | 507,292 | ||
| Boston Properties, Inc. |
9,343 | 612,434 | |||
| Equity Residential |
28,932 | 888,212 | |||
| HCP, Inc. |
28,633 | 822,912 | |||
| Health Care REIT, Inc. |
11,513 | 479,171 | |||
| Kimco Realty Corp. |
40,284 | 525,303 | |||
| Public Storage |
8,091 | 608,767 | |||
| Simon Property Group, Inc. |
23,874 | 1,657,572 | |||
| Vornado Realty Trust |
15,878 | 1,022,702 | |||
| Total REITS | 7,124,365 | ||||
| Retail – 4.6% | |||||
| Best Buy Co., Inc. |
13,484 | 505,920 | |||
| Costco Wholesale Corp. |
8,405 | 474,546 | |||
| CVS Caremark Corp. |
23,901 | 854,222 | |||
| Family Dollar Stores, Inc. |
4,423 | 116,767 | |||
| Gap, Inc. (The) |
28,899 | 618,439 | |||
| Home Depot, Inc. |
102,775 | 2,737,926 | |||
| J.C. Penney Co., Inc. |
14,459 | 487,991 | |||
| Lowe’s Cos., Inc. |
36,080 | 755,515 | |||
| McDonald’s Corp. |
60,031 | 3,425,969 | |||
| Staples, Inc. |
20,724 | 481,211 | |||
| Target Corp. |
22,728 | 1,060,943 | |||
| TJX Cos., Inc. |
14,388 | 534,514 | |||
| Walgreen Co. |
27,697 | 1,037,807 | |||
| Wal-Mart Stores, Inc. |
108,917 | 5,346,736 | |||
| Yum! Brands, Inc. |
18,821 | 635,397 | |||
| Total Retail | 19,073,903 | ||||
| Savings & Loans – 0.3% | |||||
| Hudson City Bancorp, Inc. |
30,638 | 402,890 | |||
| New York Community Bancorp, Inc.(a) |
45,760 | 522,579 | |||
| People’s United Financial, Inc. |
19,218 | 299,032 | |||
| TFS Financial Corp. |
7,595 | 90,381 | |||
| Total Savings & Loans | 1,314,882 | ||||
| Semiconductors – 2.7% | |||||
| Altera Corp. |
5,696 | 116,825 | |||
| Analog Devices, Inc. |
19,739 | 544,402 | |||
| Applied Materials, Inc. |
51,331 | 687,835 | |||
| Intel Corp. |
349,320 | 6,836,192 | |||
| Linear Technology Corp. |
13,633 | 376,680 | |||
| Maxim Integrated Products, Inc. |
33,573 | 609,014 | |||
| Texas Instruments, Inc. |
60,592 | 1,435,425 | |||
| Xilinx, Inc. |
14,636 | 342,775 | |||
| Total Semiconductors | 10,949,148 | ||||
| Software – 2.5% | |||||
| CA, Inc. |
7,243 | 159,274 | |||
| Dun & Bradstreet Corp. |
1,429 | 107,632 | |||
| Microsoft Corp. |
393,005 | 10,174,899 | |||
| Total Software | 10,441,805 | ||||
| Telecommunications – 6.7% | |||||
| AT&T, Inc. |
544,691 | 14,712,104 | |||
| Investments | Shares | Value | ||||
| Corning, Inc. |
57,706 | $ | 883,479 | |||
| Harris Corp. |
4,758 | 178,901 | ||||
| QUALCOMM, Inc. |
49,261 | 2,215,760 | ||||
| Qwest Communications International, Inc. |
257,748 | 982,020 | ||||
| Verizon Communications, Inc. |
255,097 | 7,721,786 | ||||
| Windstream Corp. |
77,996 | 790,099 | ||||
| Total Telecommunications | 27,484,149 | |||||
| Textiles – 0.0% | ||||||
| Cintas Corp. |
4,951 | 150,065 | ||||
| Toys/Games/Hobbies – 0.2% | ||||||
| Hasbro, Inc. |
6,319 | 175,352 | ||||
| Mattel, Inc. |
29,342 | 541,654 | ||||
| Total Toys/Games/Hobbies | 717,006 | |||||
| Transportation – 1.5% | ||||||
| Burlington Northern Santa Fe Corp. |
12,097 | 965,704 | ||||
| C.H. Robinson Worldwide, Inc. |
5,153 | 297,586 | ||||
| CSX Corp. |
17,918 | 750,047 | ||||
| Expeditors International Washington, Inc. |
3,388 | 119,088 | ||||
| FedEx Corp. |
3,514 | 264,323 | ||||
| Norfolk Southern Corp. |
17,237 | 743,087 | ||||
| Union Pacific Corp. |
19,246 | 1,123,004 | ||||
| United Parcel Service, Inc. Class B |
36,796 | 2,077,870 | ||||
| Total Transportation | 6,340,709 | |||||
| TOTAL COMMON STOCKS (Cost: $441,300,055) |
408,937,687 | |||||
| SHORT-TERM INVESTMENT – 0.2% | ||||||
| MONEY MARKET FUND – 0.2% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $631,541) |
631,541 | 631,541 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.2% | ||||||
| MONEY MARKET FUND – 0.2% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $874,008)(d) |
874,008 | 874,008 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 100.0% (Cost: $442,805,604)(e) |
410,443,236 | |||||
| Liabilities in Excess of Other Assets – 0.0% |
(86,343 | ) | ||||
| NET ASSETS – 100.0% | $ | 410,356,893 | ||||
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $831,050 and the total market value of the collateral held by the Fund was $874,008. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 26 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Dividend ex-Financials Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.5% | |||||
| Aerospace/Defense – 1.1% | |||||
| Boeing Co. (The) |
30,117 | $ | 1,630,836 | ||
| Agriculture – 6.7% | |||||
| Altria Group, Inc. |
137,423 | 2,447,504 | |||
| Lorillard, Inc. |
26,421 | 1,963,080 | |||
| Philip Morris International, Inc. |
47,288 | 2,304,817 | |||
| Reynolds American, Inc. |
67,508 | 3,005,456 | |||
| Total Agriculture | 9,720,857 | ||||
| Apparel – 1.0% | |||||
| VF Corp. |
19,203 | 1,390,873 | |||
| Chemicals – 5.6% | |||||
| Air Products & Chemicals, Inc. |
11,938 | 926,150 | |||
| Dow Chemical Co. (The) |
67,046 | 1,747,889 | |||
| E.I. Du Pont de Nemours & Co. |
60,292 | 1,937,785 | |||
| International Flavors & Fragrances, Inc. |
29,592 | 1,122,425 | |||
| PPG Industries, Inc. |
31,258 | 1,819,528 | |||
| Praxair, Inc. |
8,279 | 676,311 | |||
| Total Chemicals | 8,230,088 | ||||
| Commercial Services – 3.3% | |||||
| Automatic Data Processing, Inc. |
30,825 | 1,211,422 | |||
| H&R Block, Inc. |
75,704 | 1,391,439 | |||
| Paychex, Inc. |
48,591 | 1,411,569 | |||
| Pharmaceutical Product Development, Inc. |
37,453 | 821,719 | |||
| Total Commercial Services | 4,836,149 | ||||
| Distribution/Wholesale – 1.0% | |||||
| Genuine Parts Co. |
39,663 | 1,509,574 | |||
| Electric – 11.9% | |||||
| Alliant Energy Corp. |
85,942 | 2,393,485 | |||
| Ameren Corp. |
83,233 | 2,104,130 | |||
| DTE Energy Co. |
69,455 | 2,440,649 | |||
| Duke Energy Corp. |
138,163 | 2,174,686 | |||
| Pepco Holdings, Inc. |
216,731 | 3,224,957 | |||
| Pinnacle West Capital Corp. |
80,255 | 2,633,969 | |||
| Progress Energy, Inc. |
61,022 | 2,383,519 | |||
| Total Electric | 17,355,395 | ||||
| Electrical Components & Equipment – 1.8% | |||||
| Emerson Electric Co. |
32,559 | 1,304,965 | |||
| Molex, Inc. |
63,228 | 1,320,200 | |||
| Total Electrical Components & Equipment | 2,625,165 | ||||
| Environmental Control – 1.0% | |||||
| Waste Management, Inc. |
46,617 | 1,390,119 | |||
| Food – 5.2% | |||||
| H.J. Heinz Co. |
40,260 | 1,600,335 | |||
| Kraft Foods, Inc. Class A |
60,862 | 1,598,845 | |||
| Sara Lee Corp. |
181,851 | 2,025,820 | |||
| SUPERVALU, Inc. |
74,704 | 1,125,042 | |||
| Sysco Corp. |
51,016 | 1,267,748 | |||
| Total Food | 7,617,790 | ||||
| Investments | Shares | Value | |||
| Forest Products & Paper – 0.6% | |||||
| Weyerhaeuser Co. |
23,314 | $ | 854,458 | ||
| Gas – 3.7% | |||||
| Centerpoint Energy, Inc. |
192,303 | 2,390,326 | |||
| NiSource, Inc. |
218,259 | 3,031,617 | |||
| Total Gas | 5,421,943 | ||||
| Healthcare-Products – 1.8% | |||||
| Baxter International, Inc. |
12,734 | 725,965 | |||
| Johnson & Johnson |
19,419 | 1,182,423 | |||
| Medtronic, Inc. |
21,095 | 776,296 | |||
| Total Healthcare-Products | 2,684,684 | ||||
| Home Furnishings – 1.2% | |||||
| Whirlpool Corp. |
24,124 | 1,687,715 | |||
| Household Products/Wares – 2.6% | |||||
| Avery Dennison Corp. |
56,818 | 2,046,016 | |||
| Kimberly-Clark Corp. |
28,556 | 1,684,233 | |||
| Total Household Products/Wares | 3,730,249 | ||||
| Iron/Steel – 1.3% | |||||
| Allegheny Technologies, Inc. |
19,359 | 677,371 | |||
| Nucor Corp. |
24,470 | 1,150,335 | |||
| Total Iron/Steel | 1,827,706 | ||||
| Lodging – 1.3% | |||||
| Starwood Hotels & Resorts Worldwide, Inc. |
59,188 | 1,954,980 | |||
| Machinery-Construction & Mining – 1.3% | |||||
| Caterpillar, Inc. |
38,156 | 1,958,547 | |||
| Machinery-Diversified – 1.0% | |||||
| Rockwell Automation, Inc. |
33,233 | 1,415,726 | |||
| Media – 1.5% | |||||
| CBS Corp. Class B |
116,244 | 1,400,740 | |||
| McGraw-Hill Cos., Inc. (The) |
28,518 | 716,943 | |||
| Total Media | 2,117,683 | ||||
| Mining – 0.9% | |||||
| Vulcan Materials Co. |
24,785 | 1,340,125 | |||
| Miscellaneous Manufacturing – 3.0% | |||||
| Eaton Corp. |
29,975 | 1,696,285 | |||
| Honeywell International, Inc. |
35,511 | 1,319,234 | |||
| Illinois Tool Works, Inc. |
33,146 | 1,415,666 | |||
| Total Miscellaneous Manufacturing | 4,431,185 | ||||
| Office/Business Equipment – 1.9% | |||||
| Pitney Bowes, Inc. |
68,702 | 1,707,245 | |||
| Xerox Corp. |
131,170 | 1,015,256 | |||
| Total Office/Business Equipment | 2,722,501 | ||||
| Oil & Gas – 5.2% | |||||
| Chevron Corp. |
17,217 | 1,212,593 | |||
| ConocoPhillips |
31,976 | 1,444,036 | |||
| Exxon Mobil Corp. |
10,369 | 711,417 | |||
| Marathon Oil Corp. |
31,349 | 1,000,033 | |||
| Occidental Petroleum Corp. |
11,635 | 912,184 | |||
| Sunoco, Inc. |
48,809 | 1,388,616 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 27 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Dividend ex-Financials Fund
September 30, 2009
| Investments | Shares | Value | |||
| Valero Energy Corp. |
43,904 | $ | 851,299 | ||
| Total Oil & Gas | 7,520,178 | ||||
| Pharmaceuticals – 7.0% | |||||
| Abbott Laboratories |
26,434 | 1,307,690 | |||
| Bristol-Myers Squibb Co. |
96,273 | 2,168,068 | |||
| Eli Lilly & Co. |
51,731 | 1,708,675 | |||
| Merck & Co., Inc. |
74,056 | 2,342,391 | |||
| Pfizer, Inc. |
102,556 | 1,697,302 | |||
| Wyeth |
19,227 | 934,048 | |||
| Total Pharmaceuticals | 10,158,174 | ||||
| Pipelines – 5.1% | |||||
| El Paso Corp. |
121,506 | 1,253,942 | |||
| Oneok, Inc. |
66,922 | 2,450,683 | |||
| Spectra Energy Corp. |
136,189 | 2,579,420 | |||
| Williams Cos., Inc. (The) |
63,748 | 1,139,177 | |||
| Total Pipelines | 7,423,222 | ||||
| Retail – 2.3% | |||||
| Ltd. Brands, Inc. |
131,679 | 2,237,226 | |||
| McDonald’s Corp. |
20,205 | 1,153,100 | |||
| Total Retail | 3,390,326 | ||||
| Semiconductors – 5.7% | |||||
| Analog Devices, Inc. |
50,691 | 1,398,058 | |||
| Intel Corp. |
65,061 | 1,273,244 | |||
| Linear Technology Corp. |
53,030 | 1,465,219 | |||
| Maxim Integrated Products, Inc. |
124,722 | 2,262,457 | |||
| Microchip Technology, Inc. |
73,351 | 1,943,801 | |||
| Total Semiconductors | 8,342,779 | ||||
| Software – 0.6% | |||||
| Microsoft Corp. |
36,491 | 944,752 | |||
| Telecommunications – 11.7% | |||||
| AT&T, Inc. |
71,680 | 1,936,077 | |||
| CenturyTel, Inc. |
189,680 | 6,373,248 | |||
| Qwest Communications International, Inc. |
605,215 | 2,305,869 | |||
| Telephone & Data Systems, Inc. Special Shares |
18,550 | 550,564 | |||
| Verizon Communications, Inc. |
57,174 | 1,730,657 | |||
| Windstream Corp. |
415,909 | 4,213,158 | |||
| Total Telecommunications | 17,109,573 | ||||
| Toys/Games/Hobbies – 1.2% | |||||
| Mattel, Inc. |
95,875 | 1,769,852 | |||
| TOTAL COMMON STOCKS (Cost: $136,891,893) |
145,113,204 | ||||
| Investments | Shares | Value | |||
| SHORT-TERM INVESTMENT – 0.2% | |||||
| MONEY MARKET FUND – 0.2% | |||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(a) (Cost: $220,251) |
220,251 | $ | 220,251 | ||
| TOTAL INVESTMENTS IN SECURITIES – 99.7% (Cost: $137,112,144)(b) |
145,333,455 | ||||
| Other Assets in Excess of Liabilities – 0.3% |
472,051 | ||||
| NET ASSETS – 100.0% | $ | 145,805,506 | |||
| (a) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (b) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 28 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree MidCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.7% | |||||
| Aerospace/Defense – 0.0% | |||||
| Curtiss-Wright Corp. |
1,409 | $ | 48,089 | ||
| Apparel – 0.1% | |||||
| Columbia Sportswear Co.(a) |
1,887 | 77,669 | |||
| Polo Ralph Lauren Corp. |
763 | 58,461 | |||
| Total Apparel | 136,130 | ||||
| Banks – 6.4% | |||||
| Associated Banc-Corp. |
25,816 | 294,819 | |||
| BancorpSouth, Inc. |
10,851 | 264,873 | |||
| Bank of Hawaii Corp. |
6,362 | 264,278 | |||
| BOK Financial Corp. |
4,790 | 221,873 | |||
| Cathay General Bancorp |
3,064 | 24,788 | |||
| City National Corp. |
6,371 | 248,023 | |||
| Comerica, Inc. |
32,879 | 975,520 | |||
| Commerce Bancshares, Inc. |
5,493 | 204,559 | |||
| Cullen/Frost Bankers, Inc. |
6,501 | 335,712 | |||
| First Citizens BancShares, Inc. Class A |
228 | 36,275 | |||
| First Commonwealth Financial Corp. |
15,922 | 90,437 | |||
| First Financial Bankshares, Inc. |
1,692 | 83,686 | |||
| FirstMerit Corp. |
14,491 | 275,764 | |||
| FNB Corp. |
21,032 | 149,538 | |||
| Fulton Financial Corp. |
36,551 | 269,015 | |||
| Glacier Bancorp, Inc.(a) |
5,469 | 81,707 | |||
| Hancock Holding Co. |
2,297 | 86,298 | |||
| Huntington Bancshares, Inc. |
83,609 | 393,798 | |||
| International Bancshares Corp. |
6,820 | 111,234 | |||
| National Penn Bancshares, Inc. |
12,305 | 75,184 | |||
| Old National Bancorp |
11,828 | 132,474 | |||
| Park National Corp.(a) |
2,594 | 151,334 | |||
| PrivateBancorp, Inc. |
1,013 | 24,778 | |||
| Prosperity Bancshares, Inc. |
2,998 | 104,300 | |||
| Susquehanna Bancshares, Inc. |
18,860 | 111,085 | |||
| Synovus Financial Corp. |
31,383 | 117,686 | |||
| TCF Financial Corp. |
32,832 | 428,129 | |||
| Trustmark Corp. |
8,126 | 154,800 | |||
| UMB Financial Corp. |
1,999 | 80,840 | |||
| United Bankshares, Inc.(a) |
4,955 | 97,068 | |||
| Valley National Bancorp |
20,907 | 256,947 | |||
| Westamerica Bancorp. |
2,513 | 130,676 | |||
| Whitney Holding Corp. |
10,594 | 101,067 | |||
| Wilmington Trust Corp. |
12,820 | 182,044 | |||
| Total Banks | 6,560,609 | ||||
| Beverages – 0.5% | |||||
| Brown-Forman Corp. Class A |
4,265 | 217,814 | |||
| PepsiAmericas, Inc. |
10,965 | 313,160 | |||
| Total Beverages | 530,974 | ||||
| Building Materials – 1.3% | |||||
| Lennox International, Inc. |
3,073 | 110,997 | |||
| Masco Corp. |
91,239 | 1,178,808 | |||
| Simpson Manufacturing Co., Inc. |
2,217 | 56,001 | |||
| Total Building Materials | 1,345,806 | ||||
| Investments | Shares | Value | |||
| Chemicals – 5.1% | |||||
| Airgas, Inc. |
4,590 | $ | 222,018 | ||
| Albemarle Corp. |
7,181 | 248,463 | |||
| Cabot Corp. |
10,000 | 231,100 | |||
| Celanese Corp. Series A |
6,021 | 150,525 | |||
| CF Industries Holdings, Inc. |
1,499 | 129,259 | |||
| Cytec Industries, Inc. |
3,631 | 117,898 | |||
| Eastman Chemical Co. |
13,631 | 729,804 | |||
| FMC Corp. |
2,718 | 152,887 | |||
| Huntsman Corp. |
85,482 | 778,741 | |||
| International Flavors & Fragrances, Inc. |
8,500 | 322,405 | |||
| Lubrizol Corp. |
7,743 | 553,315 | |||
| Olin Corp. |
11,559 | 201,589 | |||
| RPM International, Inc. |
25,657 | 474,398 | |||
| Sensient Technologies Corp. |
5,201 | 144,432 | |||
| Terra Industries, Inc. |
7,931 | 274,968 | |||
| Valhi, Inc. |
9,932 | 120,376 | |||
| Valspar Corp. (The) |
10,099 | 277,823 | |||
| Westlake Chemical Corp. |
2,848 | 73,194 | |||
| Total Chemicals | 5,203,195 | ||||
| Coal – 0.6% | |||||
| Arch Coal, Inc. |
10,316 | 228,293 | |||
| Massey Energy Co. |
4,808 | 134,095 | |||
| Walter Energy, Inc. |
3,817 | 229,249 | |||
| Total Coal | 591,637 | ||||
| Commercial Services – 3.5% | |||||
| Aaron’s, Inc.(a) |
324 | 8,554 | |||
| Equifax, Inc. |
2,467 | 71,888 | |||
| Global Payments, Inc. |
593 | 27,693 | |||
| Hillenbrand, Inc. |
9,376 | 190,989 | |||
| Interactive Data Corp. |
7,495 | 196,444 | |||
| Lender Processing Services, Inc. |
4,502 | 171,841 | |||
| Manpower, Inc. |
5,009 | 284,060 | |||
| Pharmaceutical Product Development, Inc. |
6,503 | 142,676 | |||
| R.R. Donnelley & Sons Co. |
49,806 | 1,058,876 | |||
| Robert Half International, Inc. |
10,847 | 271,392 | |||
| Rollins, Inc. |
4,673 | 88,086 | |||
| SEI Investments Co. |
6,119 | 120,422 | |||
| Service Corp. International |
24,232 | 169,866 | |||
| Strayer Education, Inc.(a) |
431 | 93,820 | |||
| Total System Services, Inc. |
12,373 | 199,329 | |||
| Washington Post Co. (The) Class B |
553 | 258,848 | |||
| Watson Wyatt Worldwide, Inc. Class A |
853 | 37,157 | |||
| Weight Watchers International, Inc. |
5,936 | 162,884 | |||
| Total Commercial Services | 3,554,825 | ||||
| Computers – 0.4% | |||||
| Diebold, Inc. |
7,461 | 245,691 | |||
| Jack Henry & Associates, Inc. |
4,262 | 100,029 | |||
| Syntel, Inc. |
1,286 | 61,381 | |||
| Total Computers | 407,101 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 29 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Cosmetics/Personal Care – 0.3% | |||||
| Alberto-Culver Co. |
3,520 | $ | 97,434 | ||
| Estee Lauder Cos., Inc. (The) Class A |
6,889 | 255,444 | |||
| Total Cosmetics/Personal Care | 352,878 | ||||
| Distribution/Wholesale – 0.3% | |||||
| Owens & Minor, Inc. |
2,781 | 125,840 | |||
| Watsco, Inc. |
3,654 | 196,987 | |||
| Total Distribution/Wholesale | 322,827 | ||||
| Diversified Financial Services – 2.2% | |||||
| Eaton Vance Corp. |
11,143 | 311,893 | |||
| Federated Investors, Inc. Class B |
18,006 | 474,818 | |||
| Greenhill & Co., Inc. |
2,183 | 195,553 | |||
| Janus Capital Group, Inc. |
2,578 | 36,556 | |||
| Legg Mason, Inc. |
19,887 | 617,094 | |||
| Raymond James Financial, Inc. |
9,259 | 215,550 | |||
| Waddell & Reed Financial, Inc. Class A |
14,310 | 407,119 | |||
| Total Diversified Financial Services | 2,258,583 | ||||
| Electric – 6.5% | |||||
| ALLETE, Inc. |
5,515 | 185,138 | |||
| Alliant Energy Corp. |
17,593 | 489,965 | |||
| Black Hills Corp. |
6,551 | 164,889 | |||
| Cleco Corp. |
7,736 | 194,019 | |||
| CMS Energy Corp. |
26,400 | 353,760 | |||
| DPL, Inc. |
18,707 | 488,253 | |||
| Great Plains Energy, Inc. |
32,528 | 583,878 | |||
| Hawaiian Electric Industries, Inc. |
15,193 | 275,297 | |||
| IDACORP, Inc. |
5,855 | 168,565 | |||
| Integrys Energy Group, Inc. |
15,494 | 556,080 | |||
| ITC Holdings Corp. |
4,748 | 215,797 | |||
| NV Energy, Inc. |
31,846 | 369,095 | |||
| OGE Energy Corp. |
16,435 | 543,670 | |||
| Ormat Technologies, Inc. |
921 | 37,595 | |||
| Pinnacle West Capital Corp. |
22,154 | 727,094 | |||
| Portland General Electric Co. |
10,646 | 209,939 | |||
| TECO Energy, Inc. |
44,886 | 631,995 | |||
| Unisource Energy Corp. |
3,822 | 117,526 | |||
| Westar Energy, Inc. |
20,523 | 400,404 | |||
| Total Electric | 6,712,959 | ||||
| Electrical Components & Equipment – 0.5% | |||||
| Hubbell, Inc. Class B |
6,724 | 282,408 | |||
| Molex, Inc. |
13,167 | 274,927 | |||
| Total Electrical Components & Equipment | 557,335 | ||||
| Electronics – 1.3% | |||||
| AVX Corp. |
11,183 | 133,413 | |||
| Brady Corp. Class A |
4,628 | 132,916 | |||
| Gentex Corp. |
21,952 | 310,621 | |||
| Jabil Circuit, Inc. |
29,403 | 394,294 | |||
| National Instruments Corp. |
4,527 | 125,081 | |||
| PerkinElmer, Inc. |
7,445 | 143,242 | |||
| Woodward Governor Co. |
2,243 | 54,415 | |||
| Total Electronics | 1,293,982 | ||||
| Investments | Shares | Value | |||
| Engineering & Construction – 0.2% | |||||
| Granite Construction, Inc. |
1,559 | $ | 48,235 | ||
| KBR, Inc. |
6,771 | 157,697 | |||
| Total Engineering & Construction | 205,932 | ||||
| Entertainment – 1.5% | |||||
| International Game Technology |
46,273 | 993,944 | |||
| Regal Entertainment Group Class A |
48,104 | 592,641 | |||
| Total Entertainment | 1,586,585 | ||||
| Environmental Control – 0.1% | |||||
| Nalco Holding Co. |
5,109 | 104,683 | |||
| Food – 2.1% | |||||
| Corn Products International, Inc. |
4,671 | 133,217 | |||
| Del Monte Foods Co. |
14,450 | 167,331 | |||
| Flowers Foods, Inc. |
7,223 | 189,893 | |||
| Hormel Foods Corp. |
10,553 | 374,842 | |||
| McCormick & Co., Inc. |
11,252 | 381,893 | |||
| Ruddick Corp. |
2,814 | 74,909 | |||
| Seaboard Corp. |
11 | 14,300 | |||
| SUPERVALU, Inc. |
35,366 | 532,612 | |||
| Tyson Foods, Inc. Class A |
19,118 | 241,460 | |||
| Total Food | 2,110,457 | ||||
| Forest Products & Paper – 1.6% | |||||
| MeadWestvaco Corp. |
43,681 | 974,523 | |||
| Rayonier, Inc. |
16,218 | 663,478 | |||
| Total Forest Products & Paper | 1,638,001 | ||||
| Gas – 4.7% | |||||
| AGL Resources, Inc. |
13,763 | 485,421 | |||
| Atmos Energy Corp. |
16,378 | 461,532 | |||
| Energen Corp. |
3,767 | 162,358 | |||
| Laclede Group, Inc. (The) |
2,424 | 77,956 | |||
| National Fuel Gas Co. |
10,732 | 491,633 | |||
| New Jersey Resources Corp. |
4,409 | 160,091 | |||
| Nicor, Inc. |
7,549 | 276,218 | |||
| NiSource, Inc. |
72,633 | 1,008,872 | |||
| Northwest Natural Gas Co. |
2,929 | 122,022 | |||
| Piedmont Natural Gas Co., Inc. |
7,800 | 186,732 | |||
| South Jersey Industries, Inc. |
3,006 | 106,112 | |||
| Southern Union Co. |
18,001 | 374,241 | |||
| Southwest Gas Corp. |
5,110 | 130,714 | |||
| UGI Corp. |
11,182 | 280,221 | |||
| Vectren Corp. |
13,862 | 319,380 | |||
| WGL Holdings, Inc. |
7,097 | 235,194 | |||
| Total Gas | 4,878,697 | ||||
| Hand/Machine Tools – 1.3% | |||||
| Black & Decker Corp. |
7,125 | 329,816 | |||
| Kennametal, Inc. |
5,104 | 125,609 | |||
| Lincoln Electric Holdings, Inc. |
2,815 | 133,572 | |||
| Regal-Beloit Corp. |
1,896 | 86,666 | |||
| Snap-On, Inc. |
5,669 | 197,055 | |||
| Stanley Works (The) |
9,782 | 417,594 | |||
| Total Hand/Machine Tools | 1,290,312 | ||||
See Notes to Financial Statements.
| 30 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Healthcare-Products – 0.5% | |||||
| Beckman Coulter, Inc. |
3,098 | $ | 213,576 | ||
| Hill-Rom Holdings, Inc. |
4,824 | 105,067 | |||
| Meridian Bioscience, Inc. |
2,880 | 72,029 | |||
| STERIS Corp. |
2,368 | 72,105 | |||
| West Pharmaceutical Services, Inc. |
1,625 | 65,991 | |||
| Total Healthcare-Products | 528,768 | ||||
| Healthcare-Services – 0.1% | |||||
| Cigna Corp. |
2,091 | 58,736 | |||
| Universal Health Services, Inc. Class B |
1,291 | 79,952 | |||
| Total Healthcare-Services | 138,688 | ||||
| Home Builders – 0.5% | |||||
| D.R. Horton, Inc. |
20,118 | 229,547 | |||
| KB Home |
4,679 | 77,718 | |||
| MDC Holdings, Inc. |
4,688 | 162,861 | |||
| Total Home Builders | 470,126 | ||||
| Home Furnishings – 0.6% | |||||
| Whirlpool Corp. |
9,272 | 648,669 | |||
| Household Products/Wares – 1.0% | |||||
| Avery Dennison Corp. |
16,805 | 605,148 | |||
| Scotts Miracle-Gro Co. (The) Class A |
3,578 | 153,675 | |||
| Tupperware Brands Corp. |
7,969 | 318,123 | |||
| Total Household Products/Wares | 1,076,946 | ||||
| Housewares – 0.1% | |||||
| Toro Co. |
1,978 | 78,665 | |||
| Insurance – 7.5% | |||||
| American Financial Group, Inc. |
8,141 | 207,596 | |||
| American National Insurance Co. |
3,618 | 308,254 | |||
| Arthur J. Gallagher & Co. |
15,332 | 373,641 | |||
| Assurant, Inc. |
7,448 | 238,783 | |||
| Brown & Brown, Inc. |
6,690 | 128,180 | |||
| Erie Indemnity Co. Class A |
7,661 | 286,981 | |||
| Fidelity National Financial, Inc. Class A |
25,477 | 384,193 | |||
| First American Corp. |
9,191 | 297,513 | |||
| Hanover Insurance Group, Inc. (The) |
1,687 | 69,724 | |||
| Harleysville Group, Inc. |
3,069 | 97,134 | |||
| Hartford Financial Services Group, Inc. |
70,951 | 1,880,202 | |||
| HCC Insurance Holdings, Inc. |
7,097 | 194,103 | |||
| Lincoln National Corp. |
35,593 | 922,215 | |||
| Mercury General Corp. |
8,769 | 317,262 | |||
| Odyssey Re Holdings Corp. |
1,151 | 74,596 | |||
| Old Republic International Corp. |
46,212 | 562,862 | |||
| Reinsurance Group of America, Inc. |
1,759 | 78,451 | |||
| RLI Corp. |
1,190 | 62,808 | |||
| Selective Insurance Group, Inc. |
3,848 | 60,529 | |||
| StanCorp Financial Group, Inc. |
2,810 | 113,440 | |||
| Torchmark Corp. |
3,426 | 148,791 | |||
| Transatlantic Holdings, Inc. |
4,282 | 214,828 | |||
| Unitrin, Inc. |
23,144 | 451,077 | |||
| Wesco Financial Corp. |
128 | 41,664 | |||
| Zenith National Insurance Corp. |
7,290 | 225,261 | |||
| Total Insurance | 7,740,088 | ||||
| Investments | Shares | Value | |||
| Investment Companies – 1.0% | |||||
| Apollo Investment Corp. |
104,008 | $ | 993,276 | ||
| Iron/Steel – 1.4% | |||||
| Allegheny Technologies, Inc. |
8,923 | 312,216 | |||
| Cliffs Natural Resources, Inc. |
4,741 | 153,419 | |||
| Reliance Steel & Aluminum Co. |
4,361 | 185,604 | |||
| Steel Dynamics, Inc. |
19,573 | 300,250 | |||
| United States Steel Corp. |
11,852 | 525,873 | |||
| Total Iron/Steel | 1,477,362 | ||||
| Lodging – 1.1% | |||||
| Choice Hotels International, Inc. |
5,077 | 157,692 | |||
| Starwood Hotels & Resorts Worldwide, Inc. |
29,551 | 976,069 | |||
| Total Lodging | 1,133,761 | ||||
| Machinery-Construction & Mining – 0.5% | |||||
| Bucyrus International, Inc. |
1,239 | 44,133 | |||
| Joy Global, Inc. |
10,019 | 490,330 | |||
| Total Machinery-Construction & Mining | 534,463 | ||||
| Machinery-Diversified – 0.8% | |||||
| Flowserve Corp. |
3,425 | 337,499 | |||
| Graco, Inc. |
6,207 | 172,989 | |||
| IDEX Corp. |
5,485 | 153,306 | |||
| Manitowoc Co., Inc. (The) |
3,659 | 34,651 | |||
| Nordson Corp. |
2,443 | 137,028 | |||
| Wabtec Corp. |
137 | 5,142 | |||
| Total Machinery-Diversified | 840,615 | ||||
| Media – 2.7% | |||||
| Cablevision Systems Corp. Class A |
19,928 | 473,290 | |||
| FactSet Research Systems, Inc. |
2,412 | 159,771 | |||
| Gannett Co., Inc. |
149,000 | 1,863,990 | |||
| John Wiley & Sons, Inc. Class A |
2,555 | 88,863 | |||
| Scripps Networks Interactive, Inc. Class A |
5,725 | 211,538 | |||
| Total Media | 2,797,452 | ||||
| Metal Fabricate/Hardware – 0.8% | |||||
| Commercial Metals Co. |
14,125 | 252,838 | |||
| Kaydon Corp. |
2,302 | 74,631 | |||
| Timken Co. |
12,126 | 284,112 | |||
| Valmont Industries, Inc. |
728 | 62,011 | |||
| Worthington Industries, Inc. |
13,749 | 191,111 | |||
| Total Metal Fabricate/Hardware | 864,703 | ||||
| Mining – 0.2% | |||||
| Compass Minerals International, Inc. |
2,422 | 149,244 | |||
| Royal Gold, Inc. |
750 | 34,200 | |||
| Total Mining | 183,444 | ||||
| Miscellaneous Manufacturing – 2.6% | |||||
| Actuant Corp. Class A |
420 | 6,745 | |||
| Acuity Brands, Inc. |
1,916 | 61,714 | |||
| Aptargroup, Inc. |
3,853 | 143,948 | |||
| Brink’s Co. (The) |
2,324 | 62,539 | |||
| Carlisle Cos., Inc. |
5,861 | 198,746 | |||
| CLARCOR, Inc. |
1,919 | 60,180 | |||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 31 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Donaldson Co., Inc. |
3,454 | $ | 119,612 | ||
| Harsco Corp. |
7,677 | 271,843 | |||
| Leggett & Platt, Inc. |
33,375 | 647,475 | |||
| Matthews International Corp. Class A |
649 | 22,962 | |||
| Pall Corp. |
7,396 | 238,743 | |||
| Pentair, Inc. |
9,012 | 266,034 | |||
| SPX Corp. |
4,521 | 277,002 | |||
| Teleflex, Inc. |
3,484 | 168,312 | |||
| Trinity Industries, Inc. |
5,132 | 88,219 | |||
| Total Miscellaneous Manufacturing | 2,634,074 | ||||
| Oil & Gas – 1.4% | |||||
| Cabot Oil & Gas Corp. |
1,491 | 53,303 | |||
| Cimarex Energy Co. |
2,447 | 106,004 | |||
| Frontier Oil Corp. |
6,475 | 90,132 | |||
| Helmerich & Payne, Inc. |
3,173 | 125,429 | |||
| Patterson-UTI Energy, Inc. |
29,425 | 444,317 | |||
| Penn Virginia Corp. |
1,056 | 24,193 | |||
| Pioneer Natural Resources Co. |
7,278 | 264,119 | |||
| St. Mary Land & Exploration Co. |
959 | 31,129 | |||
| Tesoro Corp. |
14,964 | 224,161 | |||
| W&T Offshore, Inc.(a) |
2,193 | 25,680 | |||
| Total Oil & Gas | 1,388,467 | ||||
| Oil & Gas Services – 0.4% | |||||
| BJ Services Co. |
16,331 | 317,311 | |||
| CARBO Ceramics, Inc.(a) |
1,602 | 82,583 | |||
| Total Oil & Gas Services | 399,894 | ||||
| Packaging & Containers – 1.8% | |||||
| Ball Corp. |
2,911 | 143,221 | |||
| Bemis Co., Inc. |
10,970 | 284,233 | |||
| Packaging Corp. of America |
29,118 | 594,007 | |||
| Rock-Tenn Co. Class A |
1,395 | 65,718 | |||
| Sealed Air Corp. |
16,106 | 316,161 | |||
| Silgan Holdings, Inc. |
1,738 | 91,645 | |||
| Sonoco Products Co. |
13,984 | 385,119 | |||
| Total Packaging & Containers | 1,880,104 | ||||
| Pharmaceuticals – 0.1% | |||||
| Omnicare, Inc. |
1,256 | 28,285 | |||
| Perrigo Co. |
1,936 | 65,805 | |||
| Total Pharmaceuticals | 94,090 | ||||
| Pipelines – 0.7% | |||||
| Oneok, Inc. |
19,186 | 702,591 | |||
| REITS – 18.6% | |||||
| Alexandria Real Estate Equities, Inc. |
5,827 | 316,697 | |||
| Apartment Investment & Management Co. Class A |
50,229 | 740,878 | |||
| BRE Properties, Inc. |
12,043 | 376,946 | |||
| Camden Property Trust |
14,661 | 590,838 | |||
| Corporate Office Properties Trust SBI MD |
8,282 | 305,440 | |||
| Digital Realty Trust, Inc. |
9,333 | 426,611 | |||
| Douglas Emmett, Inc. |
21,471 | 263,664 | |||
| Duke Realty Corp. |
77,016 | 924,962 | |||
| Equity One, Inc.(a) |
16,139 | 252,898 | |||
| Investments | Shares | Value | |||
| Essex Property Trust, Inc. |
4,345 | $ | 345,775 | ||
| Federal Realty Investment Trust |
7,804 | 478,931 | |||
| Healthcare Realty Trust, Inc. |
12,791 | 270,274 | |||
| Highwoods Properties, Inc. |
13,194 | 414,951 | |||
| Home Properties, Inc. |
6,934 | 298,786 | |||
| Kilroy Realty Corp. |
7,485 | 207,634 | |||
| Liberty Property Trust |
25,998 | 845,715 | |||
| Macerich Co. (The) |
37,491 | 1,137,102 | |||
| Mack-Cali Realty Corp. |
23,058 | 745,465 | |||
| Mid-America Apartment Communities, Inc. |
5,769 | 260,355 | |||
| National Retail Properties, Inc. |
22,381 | 480,520 | |||
| Nationwide Health Properties, Inc. |
20,597 | 638,301 | |||
| Omega Healthcare Investors, Inc. |
22,295 | 357,166 | |||
| Potlatch Corp. |
9,689 | 275,652 | |||
| ProLogis |
187,366 | 2,233,403 | |||
| PS Business Parks, Inc. |
2,461 | 126,299 | |||
| Realty Income Corp.(a) |
22,692 | 582,050 | |||
| Regency Centers Corp. |
14,661 | 543,190 | |||
| Senior Housing Properties Trust |
32,333 | 617,884 | |||
| SL Green Realty Corp. |
21,930 | 961,631 | |||
| Tanger Factory Outlet Centers, Inc. |
4,074 | 152,123 | |||
| Taubman Centers, Inc. |
10,187 | 367,547 | |||
| UDR, Inc. |
38,710 | 609,295 | |||
| Ventas, Inc. |
30,805 | 1,185,993 | |||
| Walter Investment Management Corp. |
1 | 16 | |||
| Washington Real Estate Investment Trust |
9,875 | 284,400 | |||
| Weingarten Realty Investors |
27,324 | 544,294 | |||
| Total REITS | 19,163,686 | ||||
| Retail – 6.5% | |||||
| Abercrombie & Fitch Co. Class A |
8,423 | 276,948 | |||
| Advance Auto Parts, Inc. |
2,210 | 86,809 | |||
| American Eagle Outfitters, Inc. |
26,486 | 446,554 | |||
| Burger King Holdings, Inc. |
5,192 | 91,327 | |||
| Casey’s General Stores, Inc. |
2,095 | 65,741 | |||
| Darden Restaurants, Inc. |
12,264 | 418,570 | |||
| Foot Locker, Inc. |
37,605 | 449,380 | |||
| Guess?, Inc. |
8,275 | 306,506 | |||
| Ltd. Brands, Inc. |
68,315 | 1,160,672 | |||
| Macy’s, Inc. |
66,049 | 1,208,036 | |||
| MSC Industrial Direct Co. Class A |
3,077 | 134,096 | |||
| Nordstrom, Inc. |
34,175 | 1,043,704 | |||
| PetSmart, Inc. |
2,765 | 60,139 | |||
| RadioShack Corp. |
8,429 | 139,669 | |||
| Ross Stores, Inc. |
5,393 | 257,624 | |||
| Tiffany & Co. |
10,850 | 418,050 | |||
| Wendy’s/Arby’s Group, Inc. Class A |
18,892 | 89,359 | |||
| World Fuel Services Corp. |
408 | 19,613 | |||
| Total Retail | 6,672,797 | ||||
| Savings & Loans – 1.2% | |||||
| Astoria Financial Corp. |
19,642 | 216,847 | |||
| Capitol Federal Financial |
10,897 | 358,729 | |||
| First Niagara Financial Group, Inc. |
13,778 | 169,883 | |||
| NewAlliance Bancshares, Inc. |
7,401 | 79,191 | |||
See Notes to Financial Statements.
| 32 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree MidCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Northwest Bancorp, Inc. |
6,519 | $ | 148,894 | ||
| Washington Federal, Inc. |
14,428 | 243,256 | |||
| Total Savings & Loans | 1,216,800 | ||||
| Semiconductors – 2.2% | |||||
| Intersil Corp. Class A |
20,890 | 319,826 | |||
| KLA-Tencor Corp. |
14,876 | 533,454 | |||
| Microchip Technology, Inc. |
39,578 | 1,048,817 | |||
| National Semiconductor Corp. |
22,790 | 325,213 | |||
| Total Semiconductors | 2,227,310 | ||||
| Software – 0.4% | |||||
| Broadridge Financial Solutions, Inc. |
9,627 | 193,503 | |||
| Fidelity National Information Services, Inc. |
7,024 | 179,182 | |||
| IMS Health, Inc. |
4,581 | 70,318 | |||
| Total Software | 443,003 | ||||
| Telecommunications – 2.6% | |||||
| CenturyTel, Inc. |
34,053 | 1,144,181 | |||
| Frontier Communications Corp. |
114,412 | 862,666 | |||
| Telephone & Data Systems, Inc. |
2,311 | 71,664 | |||
| Telephone & Data Systems, Inc. Special Shares |
2,739 | 81,294 | |||
| Virgin Media, Inc. |
35,176 | 489,650 | |||
| Total Telecommunications | 2,649,455 | ||||
| Transportation – 1.1% | |||||
| Alexander & Baldwin, Inc. |
6,640 | 213,078 | |||
| Con-way, Inc. |
2,422 | 92,811 | |||
| Heartland Express, Inc. |
1,563 | 22,507 | |||
| JB Hunt Transport Services, Inc. |
6,395 | 205,471 | |||
| Knight Transportation, Inc. |
2,775 | 46,565 | |||
| Landstar System, Inc. |
724 | 27,555 | |||
| Overseas Shipholding Group, Inc. |
3,926 | 146,715 | |||
| Ryder System, Inc. |
4,408 | 172,176 | |||
| Tidewater, Inc. |
4,210 | 198,249 | |||
| Werner Enterprises, Inc. |
2,551 | 47,525 | |||
| Total Transportation | 1,172,652 | ||||
| Trucking & Leasing – 0.2% | |||||
| GATX Corp. |
5,543 | 154,927 | |||
| Water – 0.6% | |||||
| American Water Works Co., Inc. |
19,147 | 381,791 | |||
| Aqua America, Inc.(a) |
11,574 | 204,166 | |||
| Total Water | 585,957 | ||||
| TOTAL COMMON STOCKS (Cost: $103,686,948) |
102,584,430 | ||||
| Investments | Shares | Value | ||||
| SHORT-TERM INVESTMENT – 0.1% | ||||||
| MONEY MARKET FUND – 0.1% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $139,595) |
139,595 | $ | 139,595 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.6% | ||||||
| MONEY MARKET FUND – 1.6% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $1,612,014)(d) |
1,612,014 | 1,612,014 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 101.4% (Cost: $105,438,557)(e) |
104,336,039 | |||||
| Liabilities in Excess of Other Assets – (1.4)% |
(1,446,642 | ) | ||||
| NET ASSETS – 100.0% | $ | 102,889,397 | ||||
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $1,568,013 and the total market value of the collateral held by the Fund was $1,612,014. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 33 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.5% | |||||
| Advertising – 0.4% | |||||
| Harte-Hanks, Inc. |
36,896 | $ | 510,272 | ||
| Marchex, Inc. Class B |
4,364 | 21,427 | |||
| Total Advertising | 531,699 | ||||
| Aerospace/Defense – 0.4% | |||||
| Cubic Corp. |
2,034 | 80,282 | |||
| Ducommun, Inc. |
2,196 | 41,526 | |||
| HEICO Corp. |
359 | 15,566 | |||
| HEICO Corp. Class A |
703 | 23,839 | |||
| Kaman Corp. |
8,102 | 178,082 | |||
| National Presto Industries, Inc. |
1,158 | 100,179 | |||
| Triumph Group, Inc. |
734 | 35,225 | |||
| Total Aerospace/Defense | 474,699 | ||||
| Agriculture – 1.8% | |||||
| Alico, Inc. |
2,715 | 79,794 | |||
| Andersons, Inc. (The) |
3,892 | 136,998 | |||
| Griffin Land & Nurseries, Inc. |
669 | 21,408 | |||
| Universal Corp. |
16,226 | 678,571 | |||
| Vector Group Ltd. |
94,096 | 1,466,016 | |||
| Total Agriculture | 2,382,787 | ||||
| Airlines – 0.1% | |||||
| Skywest, Inc. |
6,470 | 107,273 | |||
| Apparel – 1.7% | |||||
| Cherokee, Inc. |
13,033 | 312,401 | |||
| Jones Apparel Group, Inc. |
90,005 | 1,613,790 | |||
| Weyco Group, Inc. |
2,241 | 51,319 | |||
| Wolverine World Wide, Inc. |
12,092 | 300,365 | |||
| Total Apparel | 2,277,875 | ||||
| Auto Parts & Equipment – 0.9% | |||||
| Cooper Tire & Rubber Co. |
48,898 | 859,627 | |||
| Superior Industries International, Inc. |
18,817 | 267,201 | |||
| Titan International, Inc. |
1,084 | 9,648 | |||
| Total Auto Parts & Equipment | 1,136,476 | ||||
| Banks – 7.7% | |||||
| 1st Source Corp. |
8,678 | 141,451 | |||
| Alliance Financial Corp.(a) |
2,476 | 66,976 | |||
| Ameris Bancorp |
3,084 | 22,051 | |||
| Arrow Financial Corp. |
5,615 | 153,233 | |||
| Bancfirst Corp. |
3,501 | 129,292 | |||
| Bank Mutual Corp. |
19,600 | 173,264 | |||
| Bank of the Ozarks, Inc. |
4,019 | 106,624 | |||
| Banner Corp. |
3,635 | 9,924 | |||
| Boston Private Financial Holdings, Inc. |
5,199 | 33,845 | |||
| Bryn Mawr Bank Corp. |
2,850 | 49,790 | |||
| Camden National Corp. |
3,549 | 117,259 | |||
| Capital City Bank Group, Inc.(a) |
6,302 | 89,488 | |||
| Cardinal Financial Corp. |
2,334 | 19,209 | |||
| Cass Information Systems, Inc. |
1,778 | 53,091 | |||
| Centerstate Banks, Inc. |
1,262 | 9,957 | |||
| Chemical Financial Corp. |
14,264 | 310,813 | |||
| Investments | Shares | Value | |||
| City Holding Co. |
8,205 | $ | 244,591 | ||
| CoBiz Financial, Inc. |
8,243 | 41,050 | |||
| Columbia Banking System, Inc. |
5,820 | 96,321 | |||
| Community Bank System, Inc. |
14,918 | 272,552 | |||
| Community Trust Bancorp, Inc. |
6,793 | 177,773 | |||
| CVB Financial Corp.(a) |
32,847 | 249,309 | |||
| East West Bancorp, Inc. |
19,749 | 163,917 | |||
| Enterprise Financial Services Corp. |
2,233 | 20,655 | |||
| Farmers Capital Bank Corp. |
4,830 | 86,360 | |||
| Financial Institutions, Inc. |
3,888 | 38,763 | |||
| First Bancorp |
8,364 | 150,970 | |||
| First Bancorp, Inc. |
4,516 | 83,998 | |||
| First Busey Corp.(a) |
19,715 | 92,661 | |||
| First Community Bancshares, Inc. |
4,573 | 57,711 | |||
| First Financial Bancorp |
25,018 | 301,467 | |||
| First Financial Corp. |
3,807 | 116,646 | |||
| First Merchants Corp. |
9,510 | 66,285 | |||
| First Midwest Bancorp, Inc. |
36,767 | 414,364 | |||
| First South Bancorp, Inc.(a) |
7,965 | 91,598 | |||
| Great Southern Bancorp, Inc.(a) |
11,340 | 268,871 | |||
| Harleysville National Corp. |
21,398 | 114,051 | |||
| Heartland Financial USA, Inc. |
3,721 | 54,885 | |||
| Home Bancshares, Inc.(a) |
2,350 | 51,512 | |||
| Iberiabank Corp. |
4,697 | 213,995 | |||
| Independent Bank Corp. |
7,405 | 163,873 | |||
| Lakeland Bancorp, Inc. |
10,834 | 81,255 | |||
| Lakeland Financial Corp. |
4,147 | 85,636 | |||
| MainSource Financial Group, Inc. |
8,786 | 59,745 | |||
| MB Financial, Inc. |
11,287 | 236,688 | |||
| NBT Bancorp, Inc. |
11,913 | 268,519 | |||
| Old Second Bancorp, Inc.(a) |
7,749 | 44,402 | |||
| Pacific Continental Corp. |
3,943 | 41,520 | |||
| Peapack Gladstone Financial Corp. |
2,374 | 38,126 | |||
| Peoples Bancorp, Inc. |
6,069 | 79,200 | |||
| Renasant Corp. |
10,883 | 161,613 | |||
| Republic Bancorp, Inc. Class A |
4,529 | 90,399 | |||
| S&T Bancorp, Inc. |
12,121 | 157,088 | |||
| S.Y. Bancorp, Inc.(a) |
4,116 | 95,038 | |||
| Sandy Spring Bancorp, Inc.(a) |
8,560 | 139,357 | |||
| SCBT Financial Corp. |
2,831 | 79,551 | |||
| Shore Bancshares, Inc. |
2,664 | 44,569 | |||
| Sierra Bancorp(a) |
3,748 | 45,013 | |||
| Simmons First National Corp. Class A |
4,455 | 128,349 | |||
| Smithtown Bancorp, Inc. |
1,466 | 16,918 | |||
| Southside Bancshares, Inc. |
4,245 | 95,597 | |||
| Southwest Bancorp, Inc. |
5,026 | 70,565 | |||
| State Bancorp, Inc. |
7,002 | 59,167 | |||
| StellarOne Corp. |
10,247 | 151,143 | |||
| Sterling Bancorp |
12,676 | 91,521 | |||
| Sterling Bancshares, Inc. |
32,649 | 238,664 | |||
| Suffolk Bancorp |
2,980 | 88,238 | |||
| Tompkins Financial Corp. |
2,823 | 123,365 | |||
| TowneBank(a) |
4,002 | 51,026 | |||
| Trico Bancshares |
3,983 | 65,321 | |||
See Notes to Financial Statements.
| 34 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| TrustCo Bank Corp. |
41,216 | $ | 257,600 | ||
| Umpqua Holdings Corp. |
39,046 | 413,888 | |||
| Union Bankshares Corp.(a) |
5,096 | 63,445 | |||
| United Security Bancshares* |
6,914 | 31,113 | |||
| Univest Corp. of Pennsylvania |
4,154 | 90,017 | |||
| Washington Trust Bancorp, Inc. |
8,372 | 146,677 | |||
| Webster Financial Corp. |
60,372 | 752,839 | |||
| WesBanco, Inc. |
14,925 | 230,741 | |||
| Wilshire Bancorp, Inc. |
8,469 | 62,162 | |||
| Wintrust Financial Corp. |
5,146 | 143,882 | |||
| Total Banks | 10,240,402 | ||||
| Beverages – 0.1% | |||||
| Coca-Cola Bottling Co. Consolidated |
1,791 | 86,738 | |||
| Farmer Bros Co. |
4,125 | 85,388 | |||
| Total Beverages | 172,126 | ||||
| Building Materials – 0.7% | |||||
| AAON, Inc. |
3,321 | 66,686 | |||
| Apogee Enterprises, Inc. |
10,940 | 164,319 | |||
| Comfort Systems USA, Inc. |
8,278 | 95,942 | |||
| Eagle Materials, Inc. |
11,158 | 318,895 | |||
| LSI Industries, Inc. |
8,079 | 53,725 | |||
| Quanex Building Products Corp. |
5,366 | 77,056 | |||
| Texas Industries, Inc. |
2,831 | 118,874 | |||
| Universal Forest Products, Inc. |
1,057 | 41,709 | |||
| Total Building Materials | 937,206 | ||||
| Chemicals – 2.1% | |||||
| Aceto Corp. |
5,859 | 38,669 | |||
| American Vanguard Corp. |
1,577 | 13,105 | |||
| Arch Chemicals, Inc. |
9,344 | 280,227 | |||
| Ashland, Inc. |
19,520 | 843,654 | |||
| Balchem Corp. |
1,040 | 27,352 | |||
| H.B. Fuller Co. |
10,264 | 214,518 | |||
| Hawkins, Inc.(a) |
3,995 | 93,323 | |||
| Innophos Holdings, Inc. |
11,465 | 212,102 | |||
| Innospec, Inc. |
5,187 | 76,508 | |||
| Minerals Technologies, Inc. |
1,023 | 48,654 | |||
| NewMarket Corp. |
4,205 | 391,233 | |||
| Quaker Chemical Corp. |
8,488 | 186,142 | |||
| Schulman A., Inc. |
11,160 | 222,419 | |||
| Stepan Co. |
2,445 | 146,896 | |||
| Zep, Inc. |
2,680 | 43,550 | |||
| Total Chemicals | 2,838,352 | ||||
| Commercial Services – 4.5% | |||||
| ABM Industries, Inc. |
17,052 | 358,774 | |||
| Administaff, Inc. |
8,080 | 212,262 | |||
| Advance America, Cash Advance Centers, Inc. |
112,874 | 632,094 | |||
| Arbitron, Inc. |
10,147 | 210,652 | |||
| Barrett Business Services, Inc. |
3,499 | 37,019 | |||
| CDI Corp. |
9,969 | 140,064 | |||
| Chemed Corp. |
1,571 | 68,951 | |||
| Corporate Executive Board Co. (The) |
33,302 | 829,220 | |||
| Deluxe Corp. |
39,301 | 672,047 | |||
| Investments | Shares | Value | |||
| Diamond Management & Technology Consultants, Inc. |
24,072 | $ | 164,893 | ||
| Electro Rent Corp. |
15,656 | 180,357 | |||
| Great Lakes Dredge & Dock Corp. |
10,941 | 76,368 | |||
| Healthcare Services Group |
21,417 | 393,216 | |||
| Heartland Payment Systems, Inc. |
9,290 | 134,798 | |||
| Heidrick & Struggles International, Inc. |
5,055 | 117,579 | |||
| Landauer, Inc. |
3,407 | 187,317 | |||
| MAXIMUS, Inc. |
2,485 | 115,801 | |||
| McGrath Rentcorp |
11,270 | 239,713 | |||
| Monro Muffler, Inc. |
2,330 | 74,071 | |||
| Multi-Color Corp. |
2,190 | 33,792 | |||
| National Research Corp. |
1,558 | 37,595 | |||
| Sotheby’s(a) |
54,830 | 944,721 | |||
| Stewart Enterprises, Inc. Class A |
35,242 | 184,316 | |||
| Viad Corp. |
1,650 | 32,851 | |||
| Total Commercial Services | 6,078,471 | ||||
| Computers – 0.1% | |||||
| MTS Systems Corp. |
4,721 | 137,900 | |||
| Cosmetics/Personal Care – 0.1% | |||||
| Inter Parfums, Inc. |
6,320 | 77,167 | |||
| Distribution/Wholesale – 0.3% | |||||
| Houston Wire & Cable Co. |
6,889 | 76,124 | |||
| Pool Corp.(a) |
17,429 | 387,272 | |||
| Total Distribution/Wholesale | 463,396 | ||||
| Diversified Financial Services – 2.8% | |||||
| BGC Partners, Inc. Class A |
76,023 | 325,378 | |||
| Calamos Asset Management, Inc. Class A |
7,391 | 96,526 | |||
| Cohen & Steers, Inc.(a) |
17,988 | 431,712 | |||
| Evercore Partners, Inc. Class A |
4,938 | 144,288 | |||
| Financial Federal Corp. |
8,113 | 200,229 | |||
| GAMCO Investors, Inc. Class A |
380 | 17,366 | |||
| GFI Group, Inc. |
85,843 | 620,645 | |||
| Sanders Morris Harris Group, Inc. |
9,747 | 57,605 | |||
| Student Loan Corp. (The) |
33,649 | 1,561,314 | |||
| SWS Group, Inc. |
7,159 | 103,090 | |||
| Teton Advisors, Inc. Class B† |
4 | — | |||
| Westwood Holdings Group, Inc. |
3,575 | 124,052 | |||
| Total Diversified Financial Services | 3,682,205 | ||||
| Electric – 3.2% | |||||
| Avista Corp. |
25,188 | 509,301 | |||
| Central Vermont Public Service Corp. |
6,129 | 118,290 | |||
| CH Energy Group, Inc. |
8,736 | 387,092 | |||
| Empire District Electric Co. (The)(a) |
30,415 | 550,207 | |||
| MGE Energy, Inc. |
12,192 | 444,764 | |||
| NorthWestern Corp. |
25,620 | 625,897 | |||
| Otter Tail Corp. |
21,391 | 511,887 | |||
| PNM Resources, Inc. |
50,206 | 586,406 | |||
| UIL Holdings Corp. |
17,490 | 461,561 | |||
| Unitil Corp. |
4,742 | 106,458 | |||
| Total Electric | 4,301,863 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 35 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Electrical Components & Equipment – 0.9% | |||||
| Belden, Inc. |
4,959 | $ | 114,553 | ||
| Encore Wire Corp. |
1,235 | 27,590 | |||
| Hubbell, Inc. Class A |
3,973 | 160,866 | |||
| Insteel Industries, Inc. |
2,421 | 28,931 | |||
| Molex, Inc. Class A |
45,981 | 863,983 | |||
| Total Electrical Components & Equipment | 1,195,923 | ||||
| Electronics – 1.0% | |||||
| American Science & Engineering, Inc. |
1,189 | 80,900 | |||
| Analogic Corp. |
2,262 | 83,739 | |||
| Badger Meter, Inc. |
2,603 | 100,710 | |||
| Bel Fuse, Inc. Class B |
1,490 | 28,355 | |||
| CTS Corp. |
7,556 | 70,271 | |||
| Daktronics, Inc. |
4,815 | 41,265 | |||
| Methode Electronics, Inc. |
16,330 | 141,581 | |||
| Park Electrochemical Corp. |
3,942 | 97,170 | |||
| Technitrol, Inc. |
52,347 | 482,116 | |||
| Watts Water Technologies, Inc. Class A |
6,134 | 185,553 | |||
| Total Electronics | 1,311,660 | ||||
| Engineering & Construction – 0.0% | |||||
| VSE Corp. |
267 | 10,416 | |||
| Entertainment – 1.7% | |||||
| Churchill Downs, Inc. |
2,146 | 82,621 | |||
| Cinemark Holdings, Inc. |
124,726 | 1,292,161 | |||
| Dover Downs Gaming & Entertainment, Inc. |
10,256 | 58,459 | |||
| International Speedway Corp. Class A |
1,438 | 39,646 | |||
| National CineMedia, Inc. |
36,709 | 622,952 | |||
| Speedway Motorsports, Inc. |
11,300 | 162,607 | |||
| Total Entertainment | 2,258,446 | ||||
| Environmental Control – 0.6% | |||||
| American Ecology Corp. |
8,165 | 152,685 | |||
| Energysolutions, Inc. |
19,199 | 177,015 | |||
| Met-Pro Corp. |
3,600 | 34,884 | |||
| Mine Safety Appliances Co. |
16,959 | 466,542 | |||
| Total Environmental Control | 831,126 | ||||
| Food – 2.1% | |||||
| Arden Group, Inc. Class A |
296 | 35,372 | |||
| B&G Foods, Inc. Class A |
58,250 | 477,068 | |||
| Calavo Growers, Inc. |
5,329 | 101,144 | |||
| Cal-Maine Foods, Inc.(a) |
5,703 | 152,669 | |||
| Diamond Foods, Inc. |
1,559 | 49,452 | |||
| Imperial Sugar Co. |
2,855 | 36,201 | |||
| Ingles Markets, Inc. Class A |
6,035 | 95,534 | |||
| J&J Snack Foods Corp. |
2,577 | 111,301 | |||
| Lancaster Colony Corp. |
11,673 | 598,475 | |||
| Lance, Inc. |
10,993 | 283,839 | |||
| Nash Finch Co. |
2,773 | 75,814 | |||
| Sanderson Farms, Inc. |
3,921 | 147,586 | |||
| Spartan Stores, Inc. |
2,185 | 30,874 | |||
| Tootsie Roll Industries, Inc. |
5,692 | 135,356 | |||
| Village Super Market, Inc. Class A |
2,032 | 59,883 | |||
| Weis Markets, Inc. |
12,191 | 389,502 | |||
| Total Food | 2,780,070 | ||||
| Investments | Shares | Value | |||
| Forest Products & Paper – 0.6% | |||||
| Deltic Timber Corp. |
1,013 | $ | 46,365 | ||
| Glatfelter |
21,337 | 244,949 | |||
| Neenah Paper, Inc. |
7,365 | 86,686 | |||
| Schweitzer-Mauduit International, Inc. |
6,961 | 378,400 | |||
| Total Forest Products & Paper | 756,400 | ||||
| Gas – 0.1% | |||||
| Chesapeake Utilities Corp. |
3,136 | 97,185 | |||
| Hand/Machine Tools – 0.5% | |||||
| Baldor Electric Co. |
20,571 | 562,411 | |||
| Franklin Electric Co., Inc. |
4,880 | 139,910 | |||
| LS Starrett Co. Class A |
1,963 | 20,415 | |||
| Total Hand/Machine Tools | 722,736 | ||||
| Healthcare-Products – 0.1% | |||||
| Atrion Corp. |
272 | 39,277 | |||
| Cooper Cos., Inc. (The) |
2,233 | 66,387 | |||
| Invacare Corp. |
1,183 | 26,357 | |||
| Total Healthcare-Products | 132,021 | ||||
| Healthcare-Services – 0.1% | |||||
| Ensign Group, Inc. (The) |
2,417 | 33,910 | |||
| National Healthcare Corp. |
3,244 | 120,969 | |||
| Total Healthcare-Services | 154,879 | ||||
| Holding Companies-Diversified – 0.3% | |||||
| Compass Diversified Holdings |
43,508 | 455,529 | |||
| Home Builders – 0.9% | |||||
| Lennar Corp. Class A |
24,886 | 354,625 | |||
| Lennar Corp. Class B |
8,190 | 92,547 | |||
| Ryland Group, Inc. |
12,853 | 270,813 | |||
| Skyline Corp. |
3,014 | 67,996 | |||
| Thor Industries, Inc. |
14,034 | 434,352 | |||
| Total Home Builders | 1,220,333 | ||||
| Home Furnishings – 0.5% | |||||
| American Woodmark Corp. |
3,568 | 69,005 | |||
| Ethan Allen Interiors, Inc. |
26,649 | 439,709 | |||
| Kimball International, Inc. Class B |
22,556 | 172,102 | |||
| Total Home Furnishings | 680,816 | ||||
| Household Products/Wares – 1.2% | |||||
| American Greetings Corp. Class A |
24,428 | 544,745 | |||
| Blyth, Inc. |
8,200 | 317,586 | |||
| CSS Industries, Inc. |
3,460 | 68,404 | |||
| Ennis, Inc. |
15,810 | 255,015 | |||
| Oil-Dri Corp. of America |
1,974 | 28,623 | |||
| Standard Register Co. (The) |
29,667 | 174,442 | |||
| WD-40 Co. |
7,565 | 214,846 | |||
| Total Household Products/Wares | 1,603,661 | ||||
| Insurance – 2.5% | |||||
| American Equity Investment Life Holding Co. |
7,096 | 49,814 | |||
| American Physicians Capital, Inc. |
1,570 | 45,232 | |||
| Amtrust Financial Services, Inc. |
13,972 | 159,421 | |||
| Baldwin & Lyons, Inc. Class B |
8,387 | 196,675 | |||
| Delphi Financial Group, Inc. Class A |
11,819 | 267,464 | |||
See Notes to Financial Statements.
| 36 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Donegal Group, Inc. Class A |
5,869 | $ | 90,617 | ||
| EMC Insurance Group, Inc. |
4,779 | 100,980 | |||
| Employers Holdings, Inc. |
8,844 | 136,905 | |||
| FBL Financial Group, Inc. Class A |
12,582 | 244,468 | |||
| Horace Mann Educators Corp. |
22,404 | 312,984 | |||
| Infinity Property & Casualty Corp. |
1,631 | 69,285 | |||
| Life Partners Holdings, Inc.(a) |
1,317 | 23,574 | |||
| Meadowbrook Insurance Group, Inc. |
8,874 | 65,668 | |||
| National Interstate Corp. |
3,329 | 58,257 | |||
| National Western Life Insurance Co. Class A |
90 | 15,838 | |||
| NYMAGIC, Inc. |
2,015 | 34,779 | |||
| Presidential Life Corp. |
7,889 | 81,730 | |||
| Protective Life Corp. |
30,623 | 655,945 | |||
| Radian Group, Inc. |
2,802 | 29,645 | |||
| Safety Insurance Group, Inc. |
8,257 | 271,820 | |||
| State Auto Financial Corp. |
10,287 | 184,446 | |||
| Stewart Information Services Corp. |
7,813 | 96,647 | |||
| Tower Group, Inc. |
2,187 | 53,341 | |||
| United Fire & Casualty Co. |
6,543 | 117,120 | |||
| Total Insurance | 3,362,655 | ||||
| Internet – 0.6% | |||||
| NutriSystem, Inc. |
17,096 | 260,885 | |||
| TheStreet.com, Inc. |
10,585 | 30,696 | |||
| United Online, Inc. |
69,101 | 555,572 | |||
| Total Internet | 847,153 | ||||
| Investment Companies – 5.4% | |||||
| Ares Capital Corp. |
320,722 | 3,534,356 | |||
| BlackRock Kelso Capital Corp. |
117,352 | 870,752 | |||
| Capital Southwest Corp. |
339 | 26,018 | |||
| Fifth Street Finance Corp. |
39,562 | 432,413 | |||
| Gladstone Capital Corp. |
48,605 | 434,043 | |||
| Hercules Technology Growth Capital, Inc. |
70,229 | 689,649 | |||
| Medallion Financial Corp. |
20,913 | 174,833 | |||
| MVC Capital, Inc. |
12,808 | 112,454 | |||
| NGP Capital Resources Co. |
47,510 | 344,923 | |||
| Prospect Capital Corp.(a) |
51,081 | 547,077 | |||
| Total Investment Companies | 7,166,518 | ||||
| Iron/Steel – 0.8% | |||||
| AK Steel Holding Corp. |
27,796 | 548,415 | |||
| Carpenter Technology Corp. |
19,774 | 462,514 | |||
| Schnitzer Steel Industries, Inc. Class A |
494 | 26,305 | |||
| Total Iron/Steel | 1,037,234 | ||||
| Leisure Time – 1.1% | |||||
| Ambassadors Group, Inc. |
11,183 | 175,014 | |||
| Brunswick Corp. |
13,610 | 163,048 | |||
| Callaway Golf Co. |
25,737 | 195,859 | |||
| Polaris Industries, Inc. |
21,753 | 887,087 | |||
| Total Leisure Time | 1,421,008 | ||||
| Lodging – 0.7% | |||||
| Marcus Corp. |
5,806 | 74,259 | |||
| Wyndham Worldwide Corp. |
49,028 | 800,137 | |||
| Total Lodging | 874,396 | ||||
| Investments | Shares | Value | |||
| Machinery-Diversified – 1.7% | |||||
| Alamo Group, Inc. |
2,005 | $ | 31,679 | ||
| Albany International Corp. Class A |
11,133 | 215,980 | |||
| Applied Industrial Technologies, Inc. |
16,273 | 344,337 | |||
| Briggs & Stratton Corp.(a) |
31,788 | 617,005 | |||
| Cascade Corp. |
3,431 | 91,745 | |||
| Cognex Corp. |
20,837 | 341,310 | |||
| Gorman-Rupp Co. (The) |
2,794 | 69,598 | |||
| Lindsay Corp.(a) |
1,365 | 53,754 | |||
| NACCO Industries, Inc. Class A |
4,658 | 279,806 | |||
| Robbins & Myers, Inc. |
3,358 | 78,846 | |||
| Tennant Co. |
6,433 | 186,943 | |||
| Total Machinery-Diversified | 2,311,003 | ||||
| Media – 2.1% | |||||
| CBS Corp. Class A |
94,216 | 1,136,245 | |||
| Courier Corp. |
7,010 | 106,201 | |||
| John Wiley & Sons, Inc. Class B |
1,871 | 64,381 | |||
| Meredith Corp. |
22,038 | 659,818 | |||
| Scholastic Corp. |
9,138 | 222,419 | |||
| Value Line, Inc. |
5,038 | 155,523 | |||
| World Wrestling Entertainment, Inc. Class A |
36,375 | 509,614 | |||
| Total Media | 2,854,201 | ||||
| Metal Fabricate/Hardware – 0.5% | |||||
| Ampco-Pittsburgh Corp. |
3,987 | 106,014 | |||
| CIRCOR International, Inc. |
1,268 | 35,834 | |||
| Dynamic Materials Corp. |
1,197 | 23,892 | |||
| Lawson Products, Inc. |
4,017 | 69,936 | |||
| Mueller Industries, Inc. |
8,164 | 194,875 | |||
| Mueller Water Products, Inc. Class A |
15,421 | 84,507 | |||
| Olympic Steel, Inc. |
1,400 | 40,166 | |||
| Sun Hydraulics Corp. |
4,150 | 87,399 | |||
| Total Metal Fabricate/Hardware | 642,623 | ||||
| Mining – 0.5% | |||||
| AMCOL International Corp. |
11,939 | 273,284 | |||
| Kaiser Aluminum Corp. |
10,634 | 386,652 | |||
| Total Mining | 659,936 | ||||
| Miscellaneous Manufacturing – 2.3% | |||||
| A.O. Smith Corp. |
7,186 | 273,787 | |||
| Ameron International Corp. |
2,237 | 156,545 | |||
| Barnes Group, Inc. |
28,797 | 492,141 | |||
| Crane Co. |
36,773 | 949,111 | |||
| Federal Signal Corp. |
16,051 | 115,407 | |||
| FreightCar America, Inc. |
1,912 | 46,462 | |||
| John Bean Technologies Corp. |
10,163 | 184,662 | |||
| Koppers Holdings, Inc. |
9,953 | 295,106 | |||
| Myers Industries, Inc. |
11,834 | 127,452 | |||
| NL Industries, Inc. |
23,590 | 158,053 | |||
| Raven Industries, Inc. |
4,636 | 123,920 | |||
| Standex International Corp. |
7,094 | 140,674 | |||
| Tredegar Corp. |
3,720 | 53,940 | |||
| Total Miscellaneous Manufacturing | 3,117,260 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 37 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Office Furnishings – 1.5% | |||||
| Herman Miller, Inc. |
16,396 | $ | 277,256 | ||
| HNI Corp.(a) |
29,306 | 691,622 | |||
| Interface, Inc. Class A |
15,803 | 131,165 | |||
| Knoll, Inc. |
30,150 | 314,464 | |||
| Steelcase, Inc. Class A |
98,515 | 611,778 | |||
| Total Office Furnishings | 2,026,285 | ||||
| Oil & Gas – 2.0% | |||||
| Alon USA Energy, Inc. |
9,038 | 89,747 | |||
| Atlas Energy, Inc. |
6,212 | 168,159 | |||
| Berry Petroleum Co. Class A |
19,523 | 522,826 | |||
| Delek US Holdings, Inc. |
18,277 | 156,634 | |||
| Holly Corp. |
18,824 | 482,271 | |||
| Panhandle Oil and Gas, Inc. Class A |
1,252 | 26,743 | |||
| Whiting USA Trust I |
83,535 | 1,274,744 | |||
| Total Oil & Gas | 2,721,124 | ||||
| Oil & Gas Services – 0.4% | |||||
| Lufkin Industries, Inc. |
5,109 | 271,697 | |||
| RPC, Inc. |
29,504 | 309,202 | |||
| Total Oil & Gas Services | 580,899 | ||||
| Packaging & Containers – 2.7% | |||||
| Greif, Inc. Class A |
13,432 | 739,431 | |||
| Greif, Inc. Class B |
21,017 | 1,096,457 | |||
| Temple-Inland, Inc. |
108,169 | 1,776,135 | |||
| Total Packaging & Containers | 3,612,023 | ||||
| Pharmaceuticals – 0.1% | |||||
| Medicis Pharmaceutical Corp. Class A |
7,801 | 166,551 | |||
| Real Estate – 0.3% | |||||
| Consolidated-Tomoka Land Co.(a) |
155 | 5,937 | |||
| Jones Lang LaSalle, Inc. |
7,222 | 342,106 | |||
| Total Real Estate | 348,043 | ||||
| REITS – 23.6% | |||||
| Acadia Realty Trust |
20,951 | 315,732 | |||
| Agree Realty Corp. |
11,851 | 271,743 | |||
| American Campus Communities, Inc. |
31,336 | 841,372 | |||
| Associated Estates Realty Corp. |
13,775 | 132,516 | |||
| BioMed Realty Trust, Inc. |
115,296 | 1,591,085 | |||
| Brandywine Realty Trust |
255,801 | 2,824,043 | |||
| CBL & Associates Properties, Inc.(a) |
157,318 | 1,525,985 | |||
| Cogdell Spencer, Inc. |
32,938 | 158,102 | |||
| Colonial Properties Trust |
73,588 | 716,011 | |||
| Cousins Properties, Inc. |
43,446 | 359,733 | |||
| DCT Industrial Trust, Inc. |
139,330 | 711,976 | |||
| EastGroup Properties, Inc. |
17,058 | 651,957 | |||
| Education Realty Trust, Inc. |
60,931 | 361,321 | |||
| Entertainment Properties Trust |
42,984 | 1,467,474 | |||
| Equity Lifestyle Properties, Inc. |
6,094 | 260,762 | |||
| First Potomac Realty Trust |
54,506 | 630,089 | |||
| Franklin Street Properties Corp. |
49,646 | 650,363 | |||
| Getty Realty Corp. |
27,061 | 664,077 | |||
| Hersha Hospitality Trust |
125,974 | 390,519 | |||
| Investments | Shares | Value | |||
| HRPT Properties Trust |
725,583 | $ | 5,456,384 | ||
| Inland Real Estate Corp. |
58,849 | 515,517 | |||
| Investors Real Estate Trust |
47,175 | 426,462 | |||
| Kite Realty Group Trust |
64,828 | 270,333 | |||
| LaSalle Hotel Properties |
43,433 | 853,893 | |||
| Lexington Realty Trust |
149,705 | 763,495 | |||
| LTC Properties, Inc. |
22,714 | 546,045 | |||
| Medical Properties Trust, Inc. |
129,251 | 1,009,450 | |||
| Mission West Properties, Inc. |
24,669 | 166,022 | |||
| Monmouth Real Estate Investment Trust Class A |
24,442 | 170,116 | |||
| National Health Investors, Inc. |
26,613 | 842,301 | |||
| Parkway Properties, Inc. |
13,471 | 265,379 | |||
| Pennsylvania Real Estate Investment Trust(a) |
147,278 | 1,120,786 | |||
| Post Properties, Inc. |
55,554 | 999,972 | |||
| Public Storage Class A |
11,570 | 297,118 | |||
| Saul Centers, Inc. |
10,290 | 330,309 | |||
| Sovran Self Storage, Inc. |
18,914 | 575,553 | |||
| Sun Communities, Inc. |
41,779 | 899,084 | |||
| Universal Health Realty Income Trust |
9,982 | 324,914 | |||
| Urstadt Biddle Properties, Inc. Class A |
13,894 | 202,713 | |||
| U-Store-It Trust |
109,101 | 681,881 | |||
| Winthrop Realty Trust |
22,544 | 219,579 | |||
| Total REITS | 31,462,166 | ||||
| Retail – 6.2% | |||||
| Barnes & Noble, Inc.(a) |
45,320 | 1,007,010 | |||
| bebe Stores, Inc. |
28,111 | 206,897 | |||
| Bob Evans Farms, Inc. |
11,213 | 325,850 | |||
| Brinker International, Inc. |
47,998 | 755,009 | |||
| Brown Shoe Co., Inc. |
15,130 | 121,343 | |||
| Buckle, Inc. (The)(a) |
19,460 | 664,364 | |||
| Cash America International, Inc. |
1,863 | 56,188 | |||
| Cato Corp. (The) Class A |
15,462 | 313,724 | |||
| Christopher & Banks Corp. |
20,518 | 138,907 | |||
| CKE Restaurants, Inc. |
16,072 | 168,595 | |||
| Cracker Barrel Old Country Store, Inc. |
9,814 | 337,602 | |||
| Dillard’s, Inc. Class A |
35,178 | 496,010 | |||
| Finish Line, Inc. (The) Class A |
12,838 | 130,434 | |||
| Fred’s, Inc. Class A |
3,913 | 49,812 | |||
| Men’s Wearhouse, Inc. (The) |
11,626 | 287,162 | |||
| Nu Skin Enterprises, Inc. Class A |
35,989 | 666,876 | |||
| PEP Boys-Manny, Moe & Jack |
42,717 | 417,345 | |||
| Phillips-Van Heusen Corp. |
4,674 | 200,000 | |||
| Pricesmart, Inc. |
5,518 | 103,462 | |||
| Regis Corp. |
6,216 | 96,348 | |||
| Stage Stores, Inc. |
12,550 | 162,648 | |||
| Williams-Sonoma, Inc. |
76,421 | 1,545,997 | |||
| Total Retail | 8,251,583 | ||||
| Savings & Loans – 1.5% | |||||
| Abington Bancorp, Inc. |
6,128 | 47,431 | |||
| BankFinancial Corp. |
6,891 | 66,016 | |||
| Berkshire Hills Bancorp, Inc. |
3,285 | 72,073 | |||
| Brookline Bancorp, Inc. |
24,277 | 235,972 | |||
| Brooklyn Federal Bancorp, Inc. |
4,366 | 53,265 | |||
See Notes to Financial Statements.
| 38 | WisdomTree Domestic Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Clifton Savings Bancorp, Inc. |
5,775 | $ | 56,595 | ||
| Danvers Bancorp, Inc. |
1,331 | 18,088 | |||
| Dime Community Bancshares |
18,088 | 206,746 | |||
| ESSA Bancorp, Inc. |
2,327 | 30,740 | |||
| First Financial Holdings, Inc. |
6,802 | 108,628 | |||
| First Financial Northwest, Inc. |
9,825 | 57,182 | |||
| Flushing Financial Corp. |
11,251 | 128,261 | |||
| Home Federal Bancorp, Inc. |
4,472 | 51,070 | |||
| Kearny Financial Corp. |
13,764 | 143,421 | |||
| OceanFirst Financial Corp. |
7,450 | 86,420 | |||
| Provident Financial Services, Inc. |
21,439 | 220,607 | |||
| Provident New York Bancorp |
9,738 | 92,998 | |||
| Rockville Financial, Inc. |
3,291 | 35,378 | |||
| Roma Financial Corp. |
8,828 | 109,732 | |||
| United Financial Bancorp, Inc. |
4,138 | 47,918 | |||
| ViewPoint Financial Group |
6,039 | 84,788 | |||
| Westfield Financial, Inc. |
7,794 | 66,015 | |||
| WSFS Financial Corp. |
793 | 21,126 | |||
| Total Savings & Loans | 2,040,470 | ||||
| Semiconductors – 0.2% | |||||
| Cohu, Inc. |
5,646 | 76,560 | |||
| Micrel, Inc. |
15,768 | 128,509 | |||
| Power Integrations, Inc. |
1,781 | 59,361 | |||
| Total Semiconductors | 264,430 | ||||
| Software – 1.2% | |||||
| Blackbaud, Inc. |
15,562 | 361,038 | |||
| Computer Programs & Systems, Inc. |
7,303 | 302,417 | |||
| Fair Isaac Corp. |
3,125 | 67,156 | |||
| Pegasystems, Inc. |
4,224 | 145,855 | |||
| QAD, Inc. |
9,462 | 43,052 | |||
| Quality Systems, Inc.(a) |
9,610 | 591,688 | |||
| Renaissance Learning, Inc. |
10,922 | 108,565 | |||
| Schawk, Inc. |
3,386 | 39,515 | |||
| Total Software | 1,659,286 | ||||
| Telecommunications – 2.7% | |||||
| Adtran, Inc. |
18,938 | 464,928 | |||
| Alaska Communications Systems Group, Inc. |
49,381 | 456,774 | |||
| Applied Signal Technology, Inc. |
4,664 | 108,531 | |||
| Atlantic Tele-Network, Inc. |
5,263 | 281,150 | |||
| Black Box Corp. |
1,840 | 46,166 | |||
| Consolidated Communications Holdings, Inc. |
50,607 | 810,218 | |||
| D&E Communications, Inc. |
12,601 | 144,786 | |||
| Iowa Telecommunications Services, Inc. |
44,377 | 559,150 | |||
| NTELOS Holdings Corp. |
21,608 | 381,597 | |||
| Plantronics, Inc. |
8,867 | 237,724 | |||
| Preformed Line Products Co. |
1,020 | 40,851 | |||
| Shenandoah Telecommunications Co. |
3,303 | 59,289 | |||
| Total Telecommunications | 3,591,164 | ||||
| Textiles – 0.1% | |||||
| G&K Services, Inc. Class A |
3,054 | 67,677 | |||
| UniFirst Corp. |
899 | 39,960 | |||
| Total Textiles | 107,637 | ||||
| Investments | Shares | Value | ||||
| Transportation – 0.6% | ||||||
| Arkansas Best Corp. |
6,850 | $ | 205,089 | |||
| Forward Air Corp. |
4,564 | 105,656 | ||||
| Horizon Lines, Inc. Class A |
43,851 | 278,454 | ||||
| International Shipholding Corp. |
7,080 | 218,135 | ||||
| Total Transportation | 807,334 | |||||
| Water – 0.7% | ||||||
| American States Water Co. |
6,340 | 229,381 | ||||
| California Water Service Group |
6,402 | 249,294 | ||||
| Connecticut Water Service, Inc. |
3,736 | 83,649 | ||||
| Middlesex Water Co. |
6,540 | 98,623 | ||||
| SJW Corp. |
5,195 | 118,706 | ||||
| Southwest Water Co. |
21,238 | 104,491 | ||||
| York Water Co. |
5,907 | 81,871 | ||||
| Total Water | 966,015 | |||||
| TOTAL COMMON STOCKS (Cost: $121,950,487) |
132,950,095 | |||||
| SHORT-TERM INVESTMENT – 0.2% | ||||||
| MONEY MARKET FUND – 0.2% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $309,513) |
309,513 | 309,513 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.2% | ||||||
| MONEY MARKET FUND – 6.2% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $8,323,073)(d) |
8,323,073 | 8,323,073 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 105.9% (Cost: $130,583,073)(e) |
141,582,681 | |||||
| Liabilities in Excess of Other Assets – (5.9)% |
(7,970,179 | ) | ||||
| NET ASSETS – 100.0% | $ | 133,612,502 | ||||
| * | Non-income producing security. |
| † | Security is being fair valued by a valuation committee under the direction of the Board of Trustees. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $7,832,942 and the total market value of the collateral held by the Fund was $8,323,073. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 39 |
Table of Contents
Statements of Assets and Liabilities (unaudited)
WisdomTree Domestic Dividend Funds
September 30, 2009
| WisdomTree Total Dividend Fund |
WisdomTree Equity Income Fund |
WisdomTree Dividend Fund |
WisdomTree Dividend ex- |
WisdomTree MidCap Dividend Fund |
WisdomTree Dividend Fund |
|||||||||||||||||||
| ASSETS: |
||||||||||||||||||||||||
| Investments, at cost: |
$ | 134,650,520 | $ | 159,017,879 | $ | 442,805,604 | $ | 137,112,144 | $ | 105,438,557 | $ | 130,583,073 | ||||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
124,740,938 | 141,973,392 | 410,443,236 | 145,333,455 | 104,336,039 | 141,582,681 | ||||||||||||||||||
| Receivables: |
||||||||||||||||||||||||
| Dividends and interest |
266,261 | 452,319 | 883,032 | 517,441 | 197,139 | 376,458 | ||||||||||||||||||
| Capital shares sold |
— | — | — | — | — | 3,799,023 | ||||||||||||||||||
| Total Assets |
125,007,199 | 142,425,711 | 411,326,268 | 145,850,896 | 104,533,178 | 145,758,162 | ||||||||||||||||||
| LIABILITIES: |
||||||||||||||||||||||||
| Due to custodian |
— | — | — | — | — | 43 | ||||||||||||||||||
| Payables: |
||||||||||||||||||||||||
| Investment securities purchased |
— | — | — | — | — | 3,782,397 | ||||||||||||||||||
| Collateral for securities on loan (Note 2) |
732,006 | 1,178,010 | 874,008 | — | 1,612,014 | 8,323,073 | ||||||||||||||||||
| Advisory fees (Note 3) |
28,239 | 44,041 | 93,891 | 44,871 | 31,403 | 39,687 | ||||||||||||||||||
| Service fees (Note 2) |
443 | 510 | 1,476 | 519 | 364 | 460 | ||||||||||||||||||
| Total Liabilities |
760,688 | 1,222,561 | 969,375 | 45,390 | 1,643,781 | 12,145,660 | ||||||||||||||||||
| NET ASSETS |
$ | 124,246,511 | $ | 141,203,150 | $ | 410,356,893 | $ | 145,805,506 | $ | 102,889,397 | $ | 133,612,502 | ||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Paid-in capital |
$ | 155,045,261 | $ | 215,000,284 | $ | 508,202,435 | $ | 219,702,304 | $ | 130,375,653 | $ | 171,740,189 | ||||||||||||
| Undistributed net investment income |
202,806 | 459,788 | 510,448 | 529,439 | 345,347 | 580,768 | ||||||||||||||||||
| Accumulated net realized loss on investments |
(21,091,974 | ) | (57,212,435 | ) | (65,993,622 | ) | (82,647,548 | ) | (26,729,085 | ) | (49,708,063 | ) | ||||||||||||
| Net unrealized appreciation (depreciation) on investments |
(9,909,582 | ) | (17,044,487 | ) | (32,362,368 | ) | 8,221,311 | (1,102,518 | ) | 10,999,608 | ||||||||||||||
| NET ASSETS |
$ | 124,246,511 | $ | 141,203,150 | $ | 410,356,893 | $ | 145,805,506 | $ | 102,889,397 | $ | 133,612,502 | ||||||||||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
3,150,000 | 4,200,000 | 10,400,000 | 3,850,000 | 2,550,000 | 3,550,000 | ||||||||||||||||||
| Net asset value per share |
$ | 39.44 | $ | 33.62 | $ | 39.46 | $ | 37.87 | $ | 40.35 | $ | 37.64 | ||||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Dividend Top 100 Fund through May 7, 2009 and the investment objective and strategy of the WisdomTree Dividend ex-Financials Fund thereafter. |
See Notes to Financial Statements.
| 40 | WisdomTree Domestic Dividend Funds |
Table of Contents
Statements of Operations (unaudited)
WisdomTree Domestic Dividend Funds
For the Six Months Ended September 30, 2009
| WisdomTree Total |
WisdomTree Equity Income Fund |
WisdomTree Dividend Fund |
WisdomTree Dividend ex- Financials Fund1 |
WisdomTree Dividend Fund |
WisdomTree Dividend Fund |
|||||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||||||
| Dividends |
$ | 1,838,348 | $ | 2,651,000 | $ | 5,923,278 | $ | 3,360,830 | $ | 1,856,807 | $ | 2,628,092 | ||||||||||||
| Interest |
77 | 88 | 240 | 89 | 68 | 76 | ||||||||||||||||||
| Securities lending income (Note 2) |
7,406 | 8,982 | 15,386 | 10,983 | 21,224 | 35,729 | ||||||||||||||||||
| Total investment income |
1,845,831 | 2,660,070 | 5,938,904 | 3,371,902 | 1,878,099 | 2,663,897 | ||||||||||||||||||
| EXPENSES: |
||||||||||||||||||||||||
| Advisory fees (Note 3) |
149,174 | 238,647 | 506,068 | 246,077 | 169,882 | 193,188 | ||||||||||||||||||
| Service fees (Note 2) |
2,344 | 2,763 | 7,952 | 2,849 | 1,967 | 2,237 | ||||||||||||||||||
| Total expenses |
151,518 | 241,410 | 514,020 | 248,926 | 171,849 | 195,425 | ||||||||||||||||||
| Net investment income |
1,694,313 | 2,418,660 | 5,424,884 | 3,122,976 | 1,706,250 | 2,468,472 | ||||||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||||||
| Investment transactions |
(1,002,197 | ) | (1,982,509 | ) | (2,422,550 | ) | (24,389,173 | ) | (2,225,818 | ) | (4,903,654 | ) | ||||||||||||
| In-kind redemptions |
— | 3,212,106 | 1,413,516 | 395,245 | 2,332,838 | 545,904 | ||||||||||||||||||
| Net realized gain (loss) |
(1,002,197 | ) | 1,229,597 | (1,009,034 | ) | (23,993,928 | ) | 107,020 | (4,357,750 | ) | ||||||||||||||
| Net change in unrealized appreciation on investments |
31,390,019 | 44,803,923 | 97,875,663 | 66,620,957 | 34,335,433 | 47,105,000 | ||||||||||||||||||
| Net realized and unrealized gain on investments |
30,387,822 | 46,033,520 | 96,866,629 | 42,627,029 | 34,442,453 | 42,747,250 | ||||||||||||||||||
| NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 32,082,135 | $ | 48,452,180 | $ | 102,291,513 | $ | 45,750,005 | $ | 36,148,703 | $ | 45,215,722 | ||||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Dividend Top 100 Fund through May 7, 2009 and the investment objective and strategy of the WisdomTree Dividend ex-Financials Fund thereafter. |
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 41 |
Table of Contents
Statements of Changes in Net Assets
WisdomTree Domestic Dividend Funds
| WisdomTree Total Dividend Fund |
WisdomTree Equity Income Fund |
WisdomTree LargeCap Dividend Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING |
|
|||||||||||||||||||||||
| Net investment income |
$ | 1,694,313 | $ | 3,338,965 | $ | 2,418,660 | $ | 6,708,782 | $ | 5,424,884 | $ | 11,016,858 | ||||||||||||
| Net realized gain (loss) on investments |
(1,002,197 | ) | (18,715,895 | ) | 1,229,597 | (56,740,057 | ) | (1,009,034 | ) | (62,291,410 | ) | |||||||||||||
| Net change in unrealized appreciation (depreciation) on investments |
31,390,019 | (29,166,740 | ) | 44,803,923 | (29,209,022 | ) | 97,875,663 | (97,231,533 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
32,082,135 | (44,543,670 | ) | 48,452,180 | (79,240,297 | ) | 102,291,513 | (148,506,085 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(1,574,453 | ) | (3,313,229 | ) | (2,104,974 | ) | (6,721,777 | ) | (5,163,766 | ) | (10,899,807 | ) | ||||||||||||
| Total dividends |
(1,574,453 | ) | (3,313,229 | ) | (2,104,974 | ) | (6,721,777 | ) | (5,163,766 | ) | (10,899,807 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
8,895,136 | 46,420,476 | 8,592,249 | 71,553,240 | 28,052,597 | 182,938,258 | ||||||||||||||||||
| Cost of shares redeemed |
— | (1,790,616 | ) | (14,827,798 | ) | (23,158,766 | ) | (8,958,490 | ) | (37,775,980 | ) | |||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
8,895,136 | 44,629,860 | (6,235,549 | ) | 48,394,474 | 19,094,107 | 145,162,278 | |||||||||||||||||
| Net Increase (Decrease) in Net Assets |
39,402,818 | (3,227,039 | ) | 40,111,657 | (37,567,600 | ) | 116,221,854 | (14,243,614 | ) | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 84,843,693 | $ | 88,070,732 | $ | 101,091,493 | $ | 138,659,093 | $ | 294,135,039 | $ | 308,378,653 | ||||||||||||
| End of period |
$ | 124,246,511 | $ | 84,843,693 | $ | 141,203,150 | $ | 101,091,493 | $ | 410,356,893 | $ | 294,135,039 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 202,806 | $ | 82,946 | $ | 459,788 | $ | 146,102 | $ | 510,448 | $ | 249,330 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
2,900,000 | 1,700,000 | 4,400,000 | 2,900,000 | 9,850,000 | 5,850,000 | ||||||||||||||||||
| Shares created |
250,000 | 1,250,000 | 300,000 | 2,100,000 | 800,000 | 5,000,000 | ||||||||||||||||||
| Shares redeemed |
— | (50,000 | ) | (500,000 | ) | (600,000 | ) | (250,000 | ) | (1,000,000 | ) | |||||||||||||
| Shares outstanding, end of period |
3,150,000 | 2,900,000 | 4,200,000 | 4,400,000 | 10,400,000 | 9,850,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 42 | WisdomTree Domestic Dividend Funds |
Table of Contents
Statements of Changes in Net Assets (concluded)
WisdomTree Domestic Dividend Funds
| WisdomTree Dividend ex-Financials Fund |
WisdomTree MidCap Dividend Fund |
WisdomTree SmallCap Dividend Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 20091 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING |
|
|||||||||||||||||||||||
| Net investment income |
$ | 3,122,976 | $ | 6,320,448 | $ | 1,706,250 | $ | 3,242,405 | $ | 2,468,472 | $ | 4,209,422 | ||||||||||||
| Net realized gain (loss) on investments |
(23,993,928 | ) | (58,047,091 | ) | 107,020 | (23,657,089 | ) | (4,357,750 | ) | (39,689,366 | ) | |||||||||||||
| Net change in unrealized appreciation (depreciation) on investments |
66,620,957 | (23,355,640 | ) | 34,335,433 | (17,789,217 | ) | 47,105,000 | (15,137,758 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
45,750,005 | (75,082,283 | ) | 36,148,703 | (38,203,901 | ) | 45,215,722 | (50,617,702 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(2,782,475 | ) | (6,316,346 | ) | (1,436,535 | ) | (3,290,596 | ) | (2,127,242 | ) | (4,219,124 | ) | ||||||||||||
| Total dividends |
(2,782,475 | ) | (6,316,346 | ) | (1,436,535 | ) | (3,290,596 | ) | (2,127,242 | ) | (4,219,124 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
6,821,305 | 119,876,634 | 19,892,087 | 66,272,249 | 20,835,476 | 47,165,978 | ||||||||||||||||||
| Cost of shares redeemed |
(8,259,966 | ) | (100,406,482 | ) | (17,369,998 | ) | (50,320,867 | ) | (3,680,654 | ) | — | |||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
(1,438,661 | ) | 19,470,152 | 2,522,089 | 15,951,382 | 17,154,822 | 47,165,978 | |||||||||||||||||
| Net Increase (Decrease) in Net Assets |
41,528,869 | (61,928,477 | ) | 37,234,257 | (25,543,115 | ) | 60,243,302 | (7,670,848 | ) | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 104,276,637 | $ | 166,205,114 | $ | 65,655,140 | $ | 91,198,255 | $ | 73,369,200 | $ | 81,040,048 | ||||||||||||
| End of period |
$ | 145,805,506 | $ | 104,276,637 | $ | 102,889,397 | $ | 65,655,140 | $ | 133,612,502 | $ | 73,369,200 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 529,439 | $ | 188,938 | $ | 345,347 | $ | 75,632 | $ | 580,768 | $ | 239,538 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
3,900,000 | 3,250,000 | 2,450,000 | 1,900,000 | 3,050,000 | 1,750,000 | ||||||||||||||||||
| Shares created |
200,000 | 2,900,000 | 650,000 | 1,700,000 | 650,000 | 1,300,000 | ||||||||||||||||||
| Shares redeemed |
(250,000 | ) | (2,250,000 | ) | (550,000 | ) | (1,150,000 | ) | (150,000 | ) | — | |||||||||||||
| Shares outstanding, end of period |
3,850,000 | 3,900,000 | 2,550,000 | 2,450,000 | 3,550,000 | 3,050,000 | ||||||||||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Dividend Top 100 Fund through May 7, 2009 and the investment objective and strategy of the WisdomTree Dividend ex-Financials Fund thereafter. |
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 43 |
Table of Contents
WisdomTree Domestic Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Total Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 29.26 | $ | 51.81 | $ | 57.87 | $ | 50.32 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.56 | 1.54 | 1.68 | 1.18 | ||||||||||||
| Net realized and unrealized gain (loss) |
10.13 | (22.56 | ) | (6.04 | ) | 7.28 | ||||||||||
| Total from investment operations |
10.69 | (21.02 | ) | (4.36 | ) | 8.46 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.51 | ) | (1.53 | ) | (1.68 | ) | (0.91 | ) | ||||||||
| Capital gains |
— | — | (0.02 | ) | — | |||||||||||
| Total dividends and distributions to shareholders |
(0.51 | ) | (1.53 | ) | (1.70 | ) | (0.91 | ) | ||||||||
| Net asset value, end of period |
$ | 39.44 | $ | 29.26 | $ | 51.81 | $ | 57.87 | ||||||||
| TOTAL RETURN3 |
36.70 | % | (41.29 | )% | (7.77 | )% | 16.84 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 124,247 | $ | 84,844 | $ | 88,071 | $ | 89,698 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.28 | %4 | 0.28 | % | 0.28 | % | 0.28 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.28 | %4 | 0.28 | % | 0.28 | % | 0.31 | %4 | ||||||||
| Net investment income |
3.18 | %4 | 3.91 | % | 2.89 | % | 2.76 | %4 | ||||||||
| Portfolio turnover rate5 |
1 | % | 23 | % | 10 | % | 12 | % | ||||||||
| WisdomTree Equity Income Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 22.98 | $ | 47.81 | $ | 57.99 | $ | 50.01 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.56 | 1.95 | 2.22 | 1.56 | ||||||||||||
| Net realized and unrealized gain (loss) |
10.57 | (24.80 | ) | (10.19 | ) | 7.54 | ||||||||||
| Total from investment operations |
11.13 | (22.85 | ) | (7.97 | ) | 9.10 | ||||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.49 | ) | (1.98 | ) | (2.21 | ) | (1.12 | ) | ||||||||
| Total dividends to shareholders |
(0.49 | ) | (1.98 | ) | (2.21 | ) | (1.12 | ) | ||||||||
| Net asset value, end of period |
$ | 33.62 | $ | 22.98 | $ | 47.81 | $ | 57.99 | ||||||||
| TOTAL RETURN3 |
48.72 | % | (49.06 | )% | (14.18 | )% | 18.23 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 141,203 | $ | 101,091 | $ | 138,659 | $ | 205,874 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.38 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.40 | %4 | ||||||||
| Net investment income |
3.85 | %4 | 5.59 | % | 3.88 | % | 3.68 | %4 | ||||||||
| Portfolio turnover rate5 |
2 | % | 45 | % | 19 | % | 11 | % | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 44 | WisdomTree Domestic Dividend Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree Domestic Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree LargeCap Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 29.86 | $ | 52.71 | $ | 57.97 | $ | 50.34 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.53 | 1.51 | 1.60 | 1.11 | ||||||||||||
| Net realized and unrealized gain (loss) |
9.57 | (22.91 | ) | (5.21 | ) | 7.32 | ||||||||||
| Total from investment operations |
10.10 | (21.40 | ) | (3.61 | ) | 8.43 | ||||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.50 | ) | (1.45 | ) | (1.65 | ) | (0.80 | ) | ||||||||
| Total dividends to shareholders |
(0.50 | ) | (1.45 | ) | (1.65 | ) | (0.80 | ) | ||||||||
| Net asset value, end of period |
$ | 39.46 | $ | 29.86 | $ | 52.71 | $ | 57.97 | ||||||||
| TOTAL RETURN3 |
33.98 | % | (41.25 | )% | (6.47 | )% | 16.77 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 410,357 | $ | 294,135 | $ | 308,379 | $ | 333,339 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.28 | %4 | 0.28 | % | 0.28 | % | 0.28 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.28 | %4 | 0.28 | % | 0.28 | % | 0.29 | %4 | ||||||||
| Net investment income |
3.00 | %4 | 3.78 | % | 2.74 | % | 2.65 | %4 | ||||||||
| Portfolio turnover rate5 |
2 | % | 25 | % | 8 | % | 13 | % | ||||||||
| WisdomTree Dividend ex-Financials Fund | For the Six Months Ended September 30, 2009a (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 26.74 | $ | 51.14 | $ | 59.69 | $ | 50.12 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.81 | 1.81 | 2.10 | 1.40 | ||||||||||||
| Net realized and unrealized gain (loss) |
11.05 | (24.34 | ) | (8.56 | ) | 9.09 | ||||||||||
| Total from investment operations |
11.86 | (22.53 | ) | (6.46 | ) | 10.49 | ||||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.73 | ) | (1.87 | ) | (2.09 | ) | (0.92 | ) | ||||||||
| Total dividends to shareholders |
(0.73 | ) | (1.87 | ) | (2.09 | ) | (0.92 | ) | ||||||||
| Net asset value, end of period |
$ | 37.87 | $ | 26.74 | $ | 51.14 | $ | 59.69 | ||||||||
| TOTAL RETURN3 |
44.61 | % | (45.10 | )% | (11.15 | )% | 20.99 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 145,806 | $ | 104,277 | $ | 166,205 | $ | 188,009 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.38 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.40 | %4 | ||||||||
| Net investment income |
4.82 | %4 | 4.57 | % | 3.57 | % | 3.29 | %4 | ||||||||
| Portfolio turnover rate5 |
59 | % | 53 | % | 16 | % | 21 | % | ||||||||
| a | This information reflects the investment objective and strategy of the WisdomTree Dividend Top 100 Fund through May 7, 2009 and the investment objective and strategy of the WisdomTree Dividend ex-Financials Fund thereafter. |
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree Domestic Dividend Funds | 45 |
Table of Contents
Financial Highlights (concluded)
WisdomTree Domestic Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree MidCap Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 26.80 | $ | 48.00 | $ | 58.02 | $ | 50.21 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.66 | 1.63 | 1.88 | 1.45 | ||||||||||||
| Net realized and unrealized gain (loss) |
13.44 | (21.16 | ) | (10.12 | ) | 7.41 | ||||||||||
| Total from investment operations |
14.10 | (19.53 | ) | (8.24 | ) | 8.86 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.55 | ) | (1.67 | ) | (1.78 | ) | (1.04 | ) | ||||||||
| Capital gains |
— | — | — | (0.01 | ) | |||||||||||
| Total dividends and distributions to shareholders |
(0.55 | ) | (1.67 | ) | (1.78 | ) | (1.05 | ) | ||||||||
| Net asset value, end of period |
$ | 40.35 | $ | 26.80 | $ | 48.00 | $ | 58.02 | ||||||||
| TOTAL RETURN3 |
52.93 | % | (41.61 | )% | (14.47 | )% | 17.71 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 102,889 | $ | 65,655 | $ | 91,198 | $ | 78,333 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.38 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.43 | %4 | ||||||||
| Net investment income |
3.82 | %4 | 4.31 | % | 3.38 | % | 3.47 | %4 | ||||||||
| Portfolio turnover rate5 |
2 | % | 43 | % | 30 | % | 12 | % | ||||||||
| WisdomTree SmallCap Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 24.06 | $ | 46.31 | $ | 57.41 | $ | 50.24 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.77 | 1.85 | 2.13 | 1.79 | ||||||||||||
| Net realized and unrealized gain (loss) |
13.47 | (22.26 | ) | (11.10 | ) | 6.65 | ||||||||||
| Total from investment operations |
14.24 | (20.41 | ) | (8.97 | ) | 8.44 | ||||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.66 | ) | (1.84 | ) | (2.13 | ) | (1.27 | ) | ||||||||
| Total dividends to shareholders |
(0.66 | ) | (1.84 | ) | (2.13 | ) | (1.27 | ) | ||||||||
| Net asset value, end of period |
$ | 37.64 | $ | 24.06 | $ | 46.31 | $ | 57.41 | ||||||||
| TOTAL RETURN3 |
59.61 | % | (45.27 | )% | (15.93 | )% | 16.88 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 133,613 | $ | 73,369 | $ | 81,040 | $ | 111,948 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.38 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.42 | %4 | ||||||||
| Net investment income |
4.86 | %4 | 5.15 | % | 3.97 | % | 4.25 | %4 | ||||||||
| Portfolio turnover rate5 |
6 | % | 65 | % | 34 | % | 16 | % | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 46 | WisdomTree Domestic Dividend Funds |
Table of Contents
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 pursuant to a Trust Instrument dated December 15, 2005. As of September 30, 2009, the Trust offered 51 investment funds (each a “Fund”, collectively, the “Funds”). The Funds, described herein, commenced operations on June 16, 2006.
These financial statements relate only to the WisdomTree Total Dividend Fund (“Total Dividend Fund”), WisdomTree Equity Income Fund, (“Equity Income Fund”), WisdomTree LargeCap Dividend Fund (“LargeCap Dividend Fund”), WisdomTree Dividend ex-Financials Fund, (“Dividend ex-Financials Fund”), WisdomTree MidCap Dividend Fund (“MidCap Dividend Fund”) and WisdomTree SmallCap Dividend Fund (“SmallCap Dividend Fund”), together the “Domestic Dividend Funds.”
Each Fund seeks investment returns that closely correspond to the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“Wisdom Tree Investments”). Each Fund described herein is considered to be non-diversified.
2. SIGNIFICANT ACCOUNTING POLICIES
The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification has become 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 Codification supersedes all existing non-SEC accounting and reporting standards.
Guarantees — 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 expect the loss to be remote.
Use of Estimates — The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.
Investment Valuation — The Net Asset Value (“NAV”) of each Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Securities 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 or system on which they are principally traded. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the highest bid and lowest ask prices. Securities for which market quotations are not readily available are valued at fair value as determined by management and in accordance with procedures approved by the Board of Trustees. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates fair value.
Fair Value Measurement — GAAP provides guidance on fair value measurements. This standard defines fair value, establishes a framework for measuring fair value in accordance with GAAP and expands disclosure about fair value measurements. Various inputs are used in determining the value of the Funds’ investments. These inputs are 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)
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 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; (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 on which the security is traded but before the time as of which a Fund’s net asset value is computed and that may materially affect the value of the Fund’s investments). Examples of events that may be “significant events” are government actions, natural disasters, armed conflict and acts of terrorism.
The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.
| WisdomTree Domestic Dividend Funds | 47 |
Table of Contents
Notes to Financial Statements (continued)
The following is a summary of the inputs used as of September 30, 2009 in valuing each Fund’s assets carried at fair value:
| Total Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investment in Securities |
|||||||||
| Common Stocks |
$ | 123,796,295 | $ | — | $ | — | |||
| Money Market Fund |
— | 944,643 | — | ||||||
| Total |
$ | 123,796,295 | $ | 944,643 | $ | — | |||
| Equity Income Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investment in Securities |
|||||||||
| Common Stocks |
$ | 140,713,541 | $ | — | $ | — | |||
| Money Market Fund |
— | 1,259,851 | — | ||||||
| Total |
$ | 140,713,541 | $ | 1,259,851 | $ | — | |||
| LargeCap Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investment in Securities |
|||||||||
| Common Stocks |
$ | 408,937,687 | $ | — | $ | — | |||
| Money Market Fund |
— | 1,505,549 | — | ||||||
| Total |
$ | 408,937,687 | $ | 1,505,549 | $ | — | |||
| Dividend ex-Financials Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investment in Securities |
|||||||||
| Common Stocks |
$ | 145,113,204 | $ | — | $ | — | |||
| Money Market Fund |
— | 220,251 | — | ||||||
| Total |
$ | 145,113,204 | $ | 220,251 | $ | — | |||
| MidCap Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investment in Securities |
|||||||||
| Common Stocks |
$ | 102,584,430 | $ | — | $ | — | |||
| Money Market Fund |
— | 1,751,609 | — | ||||||
| Total |
$ | 102,584,430 | $ | 1,751,609 | $ | — | |||
| SmallCap Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investment in Securities |
|||||||||
| Common Stocks |
$ | 132,950,095 | $ | — | $ | — | |||
| Money Market Fund |
— | 8,632,586 | — | ||||||
| Total |
$ | 132,950,095 | $ | 8,632,586 | $ | — | |||
Derivative and Hedging Disclosure — GAAP requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The application of FAS 161 is effective for fiscal years beginning November 15, 2008 and interim periods within those fiscal years. The Funds did not invest in derivative instruments for the six months ended September 30, 2009.
Investment Transactions — 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.
| 48 | WisdomTree Domestic Dividend Funds |
Table of Contents
Notes to Financial Statements (continued)
Investment Income — Dividend income is recognized on the ex-dividend date. Interest income is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.
Expenses/Reimbursements — WisdomTree Asset Management (“WTAM”) has agreed to pay all expenses of the Funds, 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 each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s chief compliance officer; (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.
Pursuant to a separate contractual arrangement, WTAM has arranged for the provision of chief compliance officer (“CCO”) services to the Funds 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 service fee paid by each Fund of up to 0.0044% of each Fund’s average daily net assets. Trustees fees, which are included in Service Fees on the Statements of Operations, of $180,782 have been paid on behalf of the Funds of the Trust to the Independent Trustees for the six months ended September 30, 2009.
Security Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. The loans are collateralized at all times by cash and/or high grade debt obligations in an amount at least equal to 102% of the market value of domestic securities loaned (105% in the case of foreign securities loaned), as determined at the close of business on the preceding business day. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. 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. The Funds retain all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.
The securities lending income earned by the Funds is disclosed on the Statements of Operations.
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 in which a Fund may invest include short-term obligations issued by the U.S. Government, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.
Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (“the Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors at least annually. 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 are determined in accordance with Federal income tax regulations which may differ from GAAP. 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, which exceed earnings and profit for tax purposes, are reported as a tax return of capital.
3. ADVISER FEES AND TRANSACTIONS
As investment adviser, WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM also arranges for sub-advisory, transfer agency, custody, fund administration, and all other non-distribution related services necessary for the Funds to operate. Under the Investment Advisory Agreement for each Fund, WTAM agrees to pay all expenses of the Funds, except compensation and expenses of the Independent Trustees, counsel to the Independent Trustees and the Trust’s CCO, interest expenses and taxes, brokerage expenses, and other expenses connected with the execution of portfolio transactions, any distribution fees or expenses, legal fees or expenses and extraordinary expenses.
| WisdomTree Domestic Dividend Funds | 49 |
Table of Contents
Notes to Financial Statements (continued)
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 in exchange for a fee of up to 0.0044%. As of October 1, 2009, WTAM provides CCO services to the Trust. The fees paid to WTAM for providing advisory services are listed below.
| Fund | Fee Rate | ||
| Total Dividend Fund |
0.28 | % | |
| Equity Income Fund |
0.38 | % | |
| LargeCap Dividend Fund |
0.28 | % | |
| Dividend ex-Financials Fund |
0.38 | % | |
| MidCap Dividend Fund |
0.38 | % | |
| SmallCap Dividend Fund |
0.38 | % |
Each Fund may purchase shares of an affiliated exchange traded fund(s) in secondary market transactions. For the six months ended September 30, 2009, there were no transactions in affiliated ETFs.
4. CAPITAL SHARE TRANSACTIONS
As of September 30, 2009, there was 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 designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying index and an amount of cash. 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 in-kind purchases and redemptions and short-term investments) for the six months ended September 30, 2009 were as follows:
| Fund | Purchases | Sales | ||||
| Total Dividend Fund |
$ | 1,597,547 | $ | 1,322,334 | ||
| Equity Income Fund |
3,361,922 | 2,489,250 | ||||
| LargeCap Dividend Fund |
6,190,771 | 5,803,989 | ||||
| Dividend ex-Financials Fund |
76,079,060 | 75,273,300 | ||||
| MidCap Dividend Fund |
2,867,699 | 2,034,502 | ||||
| SmallCap Dividend Fund |
7,281,952 | 5,838,683 | ||||
For the six months ended September 30, 2009, the cost of in-kind purchases and the proceeds from in-kind redemptions were as follows:
| Fund | Purchases | Sales | ||||
| Total Dividend Fund |
$ | 8,820,795 | $ | — | ||
| Equity Income Fund |
8,493,702 | 14,672,191 | ||||
| LargeCap Dividend Fund |
27,855,234 | 8,904,234 | ||||
| Dividend ex-Financials Fund |
6,759,267 | 8,178,170 | ||||
| MidCap Dividend Fund |
19,830,149 | 17,288,111 | ||||
| SmallCap Dividend Fund |
20,486,609 | 3,663,793 | ||||
Gains and losses on in-kind redemptions are not recognized at the Fund level for tax purposes.
| 50 | WisdomTree Domestic Dividend Funds |
Table of Contents
Notes to Financial Statements (concluded)
6. FEDERAL INCOME TAXES
At September 30. 2009, the cost of investments (including securities on loan) for Federal income tax purposes was substantially the same as for book purposes, as indicated below:
| Fund | Tax Cost | Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Appreciation/ (Depreciation) |
||||||||||
| Total Dividend Fund |
$ | 134,650,520 | $ | 5,550,777 | $ | (15,460,359 | ) | $ | (9,909,582 | ) | ||||
| Equity Income Fund |
159,017,879 | 8,951,192 | (25,995,679 | ) | (17,044,487 | ) | ||||||||
| LargeCap Dividend Fund |
442,805,604 | 16,155,852 | (48,518,220 | ) | (32,362,368 | ) | ||||||||
| Dividends ex-Financials Fund |
137,112,144 | 14,048,399 | (5,827,088 | ) | 8,221,311 | |||||||||
| MidCap Dividend Fund |
105,438,557 | 10,321,637 | (11,424,155 | ) | (1,102,518 | ) | ||||||||
| SmallCap Dividend Fund |
130,583,073 | 22,099,437 | (11,099,829 | ) | 10,999,608 | |||||||||
GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. As of and during the six months ended September 30, 2009, the Funds did not have any liabilities for unrecognized tax benefits. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Portfolios file tax returns with the U.S. Internal Revenue Service, New York, and various states. Generally, each of the tax years in the three period ended March 31, 2009, remains subject to examination by the taxing authorities.
7. SUBSEQUENT EVENT
In accordance with GAAP provisions, management of the Funds has evaluated the possibility of subsequent events existing in the Funds’ financial statements through November 27, 2009. Management has determined that there are no material events that would require disclosure in the Funds’ financial statements through this date.
| WisdomTree Domestic Dividend Funds | 51 |
Table of Contents
General Information (unaudited)
Proxy Voting Policies, Procedures and Record
A complete copy of the Proxy Voting Policy may be obtained by calling 866-909-9473; or writing to: WisdomTree Trust, c/o ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203.
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 Securities and Exchange Commission (“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 866-909-9473 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 are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, upon request on the SEC’s website at www.sec.gov, and are also available by calling the Trust at 1-866-909-WISE. You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330). (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102 or (iii) sending your request electronically to publicinfosec.gov.
Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.
The Fund’s 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.
| 52 | WisdomTree Domestic Dividend Funds |
Table of Contents
The WisdomTree Family of Funds
The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols as of September 30, 2009:
| WisdomTree Domestic Dividend Funds
WisdomTree Total Dividend Fund (DTD)
WisdomTree Equity Income Fund (DHS)
WisdomTree LargeCap Dividend Fund (DLN)
WisdomTree Dividend ex-Financials Fund (DTN)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
WisdomTree International Dividend Funds
WisdomTree DEFA Fund (DWM)
WisdomTree DEFA Equity Income Fund (DTH)
WisdomTree Europe Total Dividend Fund (DEB)
WisdomTree Global Equity Income Fund (DEW)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Japan Total Dividend Fund (DXJ)
WisdomTree World ex-U.S. Growth Fund (DNL)
WisdomTree Japan SmallCap Dividend Fund (DFJ)
WisdomTree Pacific ex-Japan Total Dividend Fund (DND)
WisdomTree Pacific ex-Japan Equity Income Fund (DNH)
WisdomTree International LargeCap Dividend Fund (DOL)
WisdomTree International Dividend ex-Financials Fund (DOO)
WisdomTree International MidCap Dividend Fund (DIM)
WisdomTree International SmallCap Dividend Fund (DLS)
WisdomTree Emerging Markets Equity Income Fund (DEM)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Middle East Dividend Fund (GULF) |
WisdomTree International Dividend Sector Funds
WisdomTree International Basic Materials Sector Fund (DBN)
WisdomTree International Communications Sector Fund (DGG)
WisdomTree International Consumer Discretionary Sector Fund (DPC)
WisdomTree International Consumer Staples Sector Fund (DPN)
WisdomTree International Energy Sector Fund (DKA)
WisdomTree International Financial Sector Fund (DRF)
WisdomTree International Health Care Sector Fund (DBR)
WisdomTree International Industrial Sector Fund (DDI)
WisdomTree International Technology Sector Fund (DBT)
WisdomTree International Utilities Sector Fund (DBU)
WisdomTree International Real Estate Fund (DRW)
WisdomTree Domestic and International Earnings Funds
WisdomTree Total Earnings Fund (EXT)
WisdomTree Earnings 500 Fund (EPS)
WisdomTree MidCap Earnings Fund (EZM)
WisdomTree SmallCap Earnings Fund (EES)
WisdomTree Earnings Top 100 Fund (EEZ)
WisdomTree LargeCap Value Fund (EZY)
WisdomTree LargeCap Growth Fund (ROI)
WisdomTree India Earnings Fund (EPI)
WisdomTree Currency Income Funds
WisdomTree U.S. Short-Term Government Income Fund (USY)
WisdomTree Dreyfus Brazilian Real Fund (BZF)
WisdomTree Dreyfus Chinese Yuan Fund (CYB)
WisdomTree Dreyfus Emerging Currency Fund (CEW)
WisdomTree Dreyfus Euro Fund (EU)
WisdomTree Dreyfus Indian Rupee Fund (ICN)
WisdomTree Dreyfus Japanese Yen Fund (JYF)
WisdomTree Dreyfus New Zealand Dollar Fund (BNZ)
WisdomTree Dreyfus South African Rand Fund (SZR) |
The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission (“SEC”) as series of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the WisdomTree Trust. None of the WisdomTree entities are affiliated with ALPS Distributors, Inc., the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you can not invest directly in an index.
There are risks associated with investing including possible loss of principal. In addition to the normal risks of investing, 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 increase the impact of events and developments associated with the region which can adversely affect performance. Funds focusing on a single country, sector and/or smaller companies generally experience greater price volatility. Investments in emerging frontier markets are generally less liquid and less efficient than developed markets. Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk and the effect of varied economic conditions. Derivatives can be volatile and may be less liquid than other securities. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting issuers. Unlike typical exchange-traded funds, there are no indexes that the currency funds attempt to track or replicate. Thus, the ability of the currency Funds to achieve their objectives will depend on the effectiveness of the portfolio manager. Please read the Fund’s prospectus for specific details regarding each Fund’s risk profile. 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 in large amounts of 50,000 shares or more.
Table of Contents
WisdomTree Trust
380 Madison Avenue, 21st Floor
New York, NY 10017
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WisdomTree Domestic Dividend ETFs
WisdomTree Total Dividend Fund
WisdomTree Equity Income Fund
WisdomTree LargeCap Dividend Fund
WisdomTree Dividend ex-Financials Fund
WisdomTree MidCap Dividend Fund
WisdomTree SmallCap Dividend Fund
WisdomTree Fund shares are distributed by ALPS Distributors, Inc.
WIS002173 (11/2010)
Table of Contents
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WisdomTree Trust
Domestic and International Earnings Funds
Semi-Annual Report
For the six-month period ended September 30, 2009
WisdomTree Total Earnings Fund (EXT)
WisdomTree Earnings 500 Fund (EPS)
WisdomTree MidCap Earnings Fund (EZM)
WisdomTree SmallCap Earnings Fund (EES)
WisdomTree Earnings Top 100 Fund (EEZ)
WisdomTree LargeCap Value Fund (EZY)
WisdomTree LargeCap Growth Fund (ROI)
WisdomTree India Earnings Fund (EPI)
Table of Contents
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| 10 | ||
| Schedules of Investments | ||
| 12 | ||
| 26 | ||
| 33 | ||
| 41 | ||
| 51 | ||
| 53 | ||
| 58 | ||
| 62 | ||
| 64 | ||
| 66 | ||
| 68 | ||
| 71 | ||
| 75 | ||
| 81 |
“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the Trust.
Table of Contents
Performance Summary (unaudited)
WisdomTree Total Earnings Fund (EXT)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Exxon Mobil Corp. |
4.3% | |
| Microsoft Corp. |
2.4% | |
| Chevron Corp. |
2.2% | |
| General Electric Co. |
1.8% | |
| Goldman Sachs Group, Inc. (The) |
1.7% | |
| ConocoPhillips |
1.6% | |
| International Business Machines Corp. |
1.5% | |
| Johnson & Johnson |
1.2% | |
| Wal-Mart Stores, Inc. |
1.1% | |
| AT&T, Inc. |
1.1% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Total Earnings Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree Earnings Index.
The WisdomTree Total Earnings Fund returned 37.25% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Financials contributed most significantly to this performance, with an average weight of 12.44% of the Fund and returns of 62.38% over the period. Contributing least to the Fund’s performance was Telecommunication Services, which returned 12.67% over the period, with an average weight of 2.36% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 9 for the list of index definitions. The annual expense ratio of the Fund is 0.28%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Earnings Index |
Russell 3000 Index | |||||||||
| Six Months1 |
37.25 | % | 37.02 | % | 37.58 | % | 35.87 | % | ||||
| One Year |
-4.90 | % | -8.49 | % | -4.63 | % | -6.42 | % | ||||
| Since Inception2 |
-8.67 | % | -8.68 | % | -8.51 | % | -9.45 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Domestic and International Earnings Funds | 1 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Earnings 500 Fund (EPS)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | ||
| Exxon Mobil Corp. |
5.1 | % | |
| Microsoft Corp. |
2.9 | % | |
| Chevron Corp. |
2.7 | % | |
| General Electric Co. |
2.2 | % | |
| Goldman Sachs Group, Inc. (The) |
1.9 | % | |
| ConocoPhillips |
1.9 | % | |
| International Business Machines Corp. |
1.9 | % | |
| Johnson & Johnson |
1.5 | % | |
| Wal-Mart Stores, Inc. |
1.3 | % | |
| AT&T, Inc. |
1.3 | % | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Earnings 500 Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree Earnings 500 Index.
The WisdomTree Earnings 500 Fund returned 33.96% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Financials contributed most significantly to this performance, with an average weight of 12.74% of the Fund and returns of 64.15% over the period. Contributing least to the Fund’s performance was Telecommunication Services, which returned 12.20% over the period, with an average weight of 2.65% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 9 for the list of index definitions. The annual expense ratio of the Fund is 0.28%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Earnings 500 Index |
S&P 500 Index | |||||||||
| Six Months1 |
33.96 | % | 33.77 | % | 34.29 | % | 34.02 | % | ||||
| One Year |
-6.42 | % | -6.57 | % | -6.21 | % | -6.91 | % | ||||
| Since Inception2 |
-9.10 | % | -9.16 | % | -8.82 | % | -9.44 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 2 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree MidCap Earnings Fund (EZM)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Celanese Corp. Series A |
1.3% | |
| Nordstrom, Inc. |
1.2% | |
| Plains Exploration & Production Co. |
1.1% | |
| Terra Industries, Inc. |
1.0% | |
| Reliance Steel & Aluminum Co. |
0.9% | |
| Goodyear Tire & Rubber Co. (The) |
0.9% | |
| Wyndham Worldwide Corp. |
0.8% | |
| Sepracor, Inc. |
0.8% | |
| Expedia, Inc. |
0.8% | |
| Allegheny Technologies, Inc. |
0.8% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree MidCap Earnings Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree MidCap Earnings Index.
The WisdomTree MidCap Earnings Fund returned 55.89% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Consumer Discretionary contributed most significantly to this performance, with an average weight of 16.81% of the Fund and returns of 76.27% over the period. Contributing least to the Fund’s performance was Telecommunication Services, which returned 6.55% over the period, with an average weight of 0.21% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 9 for the list of index definitions. The annual expense ratio of the Fund is 0.38%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree MidCap Earnings Index |
S&P MidCap 400 Index |
|||||||||
| Six Months1 |
55.89 | % | 55.70 | % | 56.50 | % | 42.47 | % | ||||
| One Year |
5.18 | % | 5.44 | % | 5.54 | % | -3.11 | % | ||||
| Since Inception2 |
-6.41 | % | -6.39 | % | -6.45 | % | -6.93 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Domestic and International Earnings Funds | 3 |
Table of Contents
Performance Summary (unaudited)
WisdomTree SmallCap Earnings Fund (EES)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Helix Energy Solutions Group, Inc. |
1.6% | |
| Berry Petroleum Co. Class A |
1.5% | |
| Ashland, Inc. |
1.5% | |
| W.R. Grace & Co. |
1.1% | |
| WESCO International, Inc. |
1.0% | |
| Stone Energy Corp. |
0.9% | |
| OM Group, Inc. |
0.9% | |
| Swift Energy Co. |
0.9% | |
| Health Management Associates, Inc. Class A |
0.8% | |
| Tempur-Pedic International, Inc. |
0.8% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree SmallCap Earnings Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Earnings Index.
The WisdomTree SmallCap Earnings Fund returned 73.13% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Consumer Discretionary contributed most significantly to this performance, with an average weight of 14.05% of the Fund and returns of 74.33% over the period. The Fund benefited least from Utilities which returned 9.06% but only comprised on average 0.39% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 9 for the list of index definitions. The annual expense ratio of the Fund is 0.38%
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree SmallCap Earnings Index |
Russell 2000 Index | |||||||||
| Six Months1 |
73.13 | % | 72.56 | % | 73.76 | % | 43.95 | % | ||||
| One Year |
8.41 | % | 7.93 | % | 8.67 | % | -9.55 | % | ||||
| Since Inception2 |
-6.99 | % | -7.02 | % | -7.15 | % | -10.04 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 4 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Earnings Top 100 Fund (EEZ)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Freeport-McMoRan Copper & Gold, Inc. |
4.8% | |
| Corning, Inc. |
3.3% | |
| Goldman Sachs Group, Inc. (The) |
2.7% | |
| Prudential Financial, Inc. |
2.2% | |
| News Corp. Class A |
1.7% | |
| DISH Network Corp. Class A |
1.6% | |
| Mosaic Co. (The) |
1.6% | |
| Southern Copper Corp. |
1.5% | |
| Cummins, Inc. |
1.5% | |
| Chesapeake Energy Corp. |
1.4% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Earnings Top 100 Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree Earnings Top 100 Index.
The WisdomTree Earnings Top 100 Fund returned 50.06% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Financials contributed most significantly to this performance, with an average weight of 13.07% of the Fund and returns of 80.14% over the period. Contributing least to the Fund’s performance was Telecommunication Services, which returned 15.97% over the period, with an average weight of 0.95% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 9 for the list of index definitions. The annual expense ratio of the Fund is 0.38%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Earnings Top 100 Index |
Russell 1000 Value Index |
|||||||||
| Six Months1 |
50.06 | % | 50.09 | % | 50.70 | % | 37.99 | % | ||||
| One Year |
0.39 | % | 0.46 | % | 1.37 | % | -10.62 | % | ||||
| Since Inception2 |
-9.83 | % | -9.79 | % | -9.31 | % | -12.52 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Domestic and International Earnings Funds | 5 |
Table of Contents
Performance Summary (unaudited)
WisdomTree LargeCap Value Fund (EZY)
(Formerly WisdomTree Low P/E Fund)
Sector Breakdown† as of 9/30/09 ‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Chevron Corp. |
9.6% | |
| ConocoPhillips |
7.4% | |
| Time Warner, Inc. |
6.9% | |
| Hewlett-Packard Co. |
5.1% | |
| Wal-Mart Stores, Inc. |
5.0% | |
| Verizon Communications, Inc. |
3.1% | |
| Marathon Oil Corp. |
2.4% | |
| UnitedHealth Group, Inc. |
2.0% | |
| CVS Caremark Corp. |
1.7% | |
| Home Depot, 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. |
The WisdomTree LargeCap Value Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Value Index. The LargeCap Value Index is a fundamentally weighted index that measures the performance of large-cap value companies. The Index consists of U.S. companies that have positive cumulative earnings over the past four fiscal quarters and that meet WisdomTree’s market capitalization, liquidity, and other requirements as of the Index measurement date. Prior to June 20, 2009, the WisdomTree LargeCap Value Fund was named the WisdomTree Low P/E Fund and followed the investment objective of the WisdomTree Low P/E Index. The information on this page and throughout this financial report reflects the investment objective and strategy of the WisdomTree Low P/E Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree LargeCap Value Fund thereafter.
The WisdomTree LargeCap Value Fund returned 37.17% for the six month period ending on September 30, 2009. The following is reflective of the new strategy in effect for the latter three months of reporting period. Consumer Discretionary contributed most significantly to this performance, with an average weight of 17.71% of the Fund and returns of 15.94% over the period. Contributing least to the Fund’s performance was Telecommunication Services, which returned 1.30%, over the period, with an average weight of 3.68% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 9 for the list of index definitions. The annual expense ratio of the Fund is 0.38%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
Spliced WisdomTree Index1 |
Russell 1000 Value Index |
|||||||||
| Six Months2 |
37.17 | % | 37.02 | % | 37.64 | % | 37.99 | % | ||||
| One Year |
-10.25 | % | -11.01 | % | -9.82 | % | -10.62 | % | ||||
| Since Inception3 |
-12.89 | % | -12.86 | % | -12.68 | % | -12.52 | % | ||||
| 1 | WisdomTree Low P/E Index through June 19, 2009, WisdomTree LargeCap Value Index thereafter. |
| 2 | Returns of less than one year are cumulative. |
| 3 | Total returns are calculated based on the commencement of Fund trading on February 23, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 6 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree LargeCap Growth Fund (ROI)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Exxon Mobil Corp. |
18.3% | |
| Chevron Corp. |
9.5% | |
| Wal-Mart Stores, Inc. |
5.1% | |
| Occidental Petroleum Corp. |
3.6% | |
| Apple, Inc. |
2.9% | |
| Oracle Corp. |
2.6% | |
| Abbott Laboratories |
2.4% | |
| Amgen, Inc. |
2.4% | |
| Google, Inc. Class A |
2.1% | |
| Anadarko Petroleum Corp. |
1.9% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree LargeCap Growth Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Growth Index.
The WisdomTree LargeCap Growth Fund returned 24.64% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Energy contributed most significantly to this performance, with an average weight of 38.93% of the Fund and returns of 24.74% over the period. Contributing least to the Fund’s performance was Telecommunication Services, which returned -17.98% over the period, with an average weight of 0.64% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 9 for the list of index definitions. The annual expense ratio of the Fund is 0.38%
Performance as of 9/30/09
| Cumulative Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree LargeCap Growth Index |
Russell 1000 Growth Index |
|||||||||
| Six Months1 |
24.64 | % | 24.42 | % | 25.27 | % | 32.58 | % | ||||
| One Year |
N/A | N/A | -8.60 | % | -1.85 | % | ||||||
| Since Inception2 |
29.08 | % | 28.95 | % | 29.79 | % | 38.28 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on December 4, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree Domestic and International Earnings Funds | 7 |
Table of Contents
Performance Summary (unaudited)
WisdomTree India Earnings Fund (EPI)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Reliance Industries Ltd. |
11.0% | |
| Infosys Technologies Ltd. |
7.4% | |
| Oil & Natural Gas Corp., Ltd. |
7.0% | |
| Bharti Airtel Ltd. |
3.8% | |
| State Bank of India Ltd. |
3.5% | |
| Reliance Communications Ltd. |
3.0% | |
| ICICI Bank Ltd. |
2.8% | |
| Housing Development Finance Corp. |
2.7% | |
| Tata Consultancy Services Ltd. |
2.0% | |
| Hindustan Unilever Ltd. |
1.9% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree India Earnings Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index.
The WisdomTree India Earnings Fund returned 89.89% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Financials contributed most significantly to this performance, with an average weight of 13.85% of the Fund and returns of 161.09% over the period. Contributing least to the Fund’s performance was Consumer Staples, which returned 37.77% over the period, with an average weight of 4.89% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 9 for the list of index definitions. The annual expense ratio of the Fund is 0.88%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree India Earnings Index |
MSCI India Index |
|||||||||
| Six Months1 |
89.89 | % | 90.91 | % | 92.58 | % | 91.17 | % | ||||
| One Year |
33.38 | % | 32.64 | % | 35.88 | % | 31.99 | % | ||||
| Since Inception2 |
-10.03 | % | -10.07 | % | -7.98 | % | -12.26 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on February 22, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 8 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Description of Indexes
Below are the descriptions of each index referenced in this Semi-Annual Report:
Correlated WisdomTree Indexes:
The WisdomTree Earnings Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the broad U.S. stock market.
The WisdomTree Earnings 500 Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the large-capitalization segment of the U.S. stock market, selected from the 500 largest-capitalization rank companies in the WisdomTree Earnings Index.
The WisdomTree MidCap Earnings Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the mid-capitalization segment of the U.S. stock market.
The WisdomTree SmallCap Earnings Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the small-capitalization segment of the U.S. stock market.
The WisdomTree Earnings Top 100 Index is a fundamentally weighted index that measures the performance of 100 primarily large-capitalization companies in the U.S. with relatively high earnings yields.
The WisdomTree Low P/E Index measures the performance of companies with the lowest price-to-earnings ratios (P/E ratios) in the WisdomTree Earnings Index.
The WisdomTree LargeCap Value Index is a fundamentally weighted index that measures the stock performance of large-capitalization value companies in the U.S.
The WisdomTree LargeCap Growth Index is a fundamentally weighted index that measures the performance of large-capitalization growth companies in the U.S.
The WisdomTree India Earnings Index is a fundamentally weighted index that measures the performance 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.
Benchmarks:
The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies, based on total market capitalization.
The S&P 500 Index is a capitalization-weighted index of 500 stocks selected by Standard & Poor’s Index Committee, designed to represent the performance of the leading industries in the United States economy.
The S&P Midcap 400 Index is a capitalization-weighted index that measures the performance of the mid-cap range of the U.S. stock market, with stocks selected by the Standard & Poor’s Index Committee.
The Russell 2000 Index measures performance of the smallest 2,000 securities in the Russell 3000 Index.
The Russell 1000 Value Index is a measure of the large-capitalization value segment of the U.S. equity universe, selecting from the Russell 1000 Index.
The Russell 1000 Growth Index is a measure of to the large-capitalization growth segment of the U.S. equity universe, selecting from the Russell 1000 Index.
The MSCI India Index is a market capitalization weighted index that is designed to measure the performance of the Indian equity market.
Index returns do not reflect expenses paid by the Fund. Index returns assume reinvestment of distributions. It is not possible to invest directly in an index.
| WisdomTree Domestic and International Earnings Funds | 9 |
Table of Contents
Shareholder Expense Examples (unaudited)
As a shareholder of a WisdomTree Fund, you incur two types of costs: (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 following example is 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 example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2009 to September 30, 2009.
Actual expenses
The first line under each Fund in the table on the next page 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 Period 4/01/09 to 9/30/09” to estimate the expenses you paid on your account during this period.
Hypothetical example for comparison purposes
The second line under each Fund in the table on the next page provides information about hypothetical account values and hypothetical expenses based on each 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 under each Fund 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.
| 10 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Shareholder Expense Examples (unaudited) (concluded)
| Beginning Account Value 4/01/09 |
Ending Account Value 9/30/09 |
Annualized Expense Ratio Based on the Period 4/01/09 to 9/30/09 |
Expenses Paid During the Period† 4/01/09 to 9/30/09 | |||||||||
| WisdomTree Total Earnings Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,372.48 | 0.28 | % | $ | 1.67 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.66 | 0.28 | % | $ | 1.42 | ||||
| WisdomTree Earnings 500 Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,339.55 | 0.28 | % | $ | 1.64 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.66 | 0.28 | % | $ | 1.42 | ||||
| WisdomTree MidCap Earnings Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,558.93 | 0.38 | % | $ | 2.44 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.16 | 0.38 | % | $ | 1.93 | ||||
| WisdomTree SmallCap Earnings Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,731.31 | 0.38 | % | $ | 2.60 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.16 | 0.38 | % | $ | 1.93 | ||||
| WisdomTree Earnings Top 100 Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,500.62 | 0.38 | % | $ | 2.38 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.16 | 0.38 | % | $ | 1.93 | ||||
| WisdomTree LargeCap Value Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,371.67 | 0.38 | % | $ | 2.26 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.16 | 0.38 | % | $ | 1.93 | ||||
| WisdomTree LargeCap Growth Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,246.40 | 0.38 | % | $ | 2.14 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.16 | 0.38 | % | $ | 1.93 | ||||
| WisdomTree India Earnings Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,898.88 | 0.88 | % | $ | 6.40 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,020.66 | 0.88 | % | $ | 4.46 | ||||
| † | Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/365 (to reflect one-half year period). |
| WisdomTree Domestic and International Earnings Funds | 11 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.7% | |||||
| Aerospace & Defense – 3.0% | |||||
| AAR Corp.* |
150 | $ | 3,291 | ||
| Alliant Techsystems, Inc.* |
56 | 4,360 | |||
| BE Aerospace, Inc.* |
622 | 12,527 | |||
| Boeing Co. (The) |
2,206 | 119,455 | |||
| Ceradyne, Inc.* |
134 | 2,456 | |||
| Curtiss-Wright Corp. |
97 | 3,311 | |||
| DynCorp International, Inc. Class A* |
141 | 2,538 | |||
| Esterline Technologies Corp.* |
76 | 2,980 | |||
| General Dynamics Corp. |
991 | 64,019 | |||
| Goodrich Corp. |
423 | 22,986 | |||
| Hexcel Corp.* |
361 | 4,130 | |||
| Honeywell International, Inc. |
1,698 | 63,081 | |||
| ITT Corp. |
380 | 19,817 | |||
| L-3 Communications Holdings, Inc. |
263 | 21,124 | |||
| Lockheed Martin Corp. |
898 | 70,116 | |||
| Moog, Inc. Class A* |
103 | 3,038 | |||
| Northrop Grumman Corp. |
777 | 40,210 | |||
| Orbital Sciences Corp.* |
127 | 1,901 | |||
| Precision Castparts Corp. |
426 | 43,397 | |||
| Raytheon Co. |
951 | 45,619 | |||
| Rockwell Collins, Inc. |
425 | 21,590 | |||
| Spirit Aerosystems Holdings, Inc. Class A* |
900 | 16,254 | |||
| Teledyne Technologies, Inc.* |
76 | 2,735 | |||
| TransDigm Group, Inc.* |
114 | 5,678 | |||
| Triumph Group, Inc. |
66 | 3,167 | |||
| United Technologies Corp. |
2,074 | 126,369 | |||
| Total Aerospace & Defense | 726,149 | ||||
| Air Freight & Logistics – 0.2% | |||||
| Atlas Air Worldwide Holdings, Inc.* |
96 | 3,069 | |||
| C.H. Robinson Worldwide, Inc. |
166 | 9,587 | |||
| Expeditors International Washington, Inc. |
204 | 7,171 | |||
| FedEx Corp. |
401 | 30,163 | |||
| Forward Air Corp. |
61 | 1,412 | |||
| HUB Group, Inc. Class A* |
79 | 1,805 | |||
| Pacer International, Inc. |
212 | 818 | |||
| Total Air Freight & Logistics | 54,025 | ||||
| Airlines – 0.1% | |||||
| Republic Airways Holdings, Inc.* |
254 | 2,370 | |||
| Skywest, Inc. |
192 | 3,183 | |||
| Southwest Airlines Co. |
980 | 9,408 | |||
| Total Airlines | 14,961 | ||||
| Auto Components – 0.4% | |||||
| Autoliv, Inc. |
337 | 11,323 | |||
| BorgWarner, Inc. |
296 | 8,957 | |||
| Exide Technologies* |
368 | 2,933 | |||
| Gentex Corp. |
330 | 4,670 | |||
| Goodyear Tire & Rubber Co. (The)* |
1,287 | 21,918 | |||
| Johnson Controls, Inc. |
1,306 | 33,381 | |||
| WABCO Holdings, Inc. |
377 | 7,917 | |||
| Total Auto Components | 91,099 | ||||
| Investments | Shares | Value | |||
| Automobiles – 0.1% | |||||
| Harley-Davidson, Inc. |
1,070 | $ | 24,610 | ||
| Thor Industries, Inc. |
200 | 6,190 | |||
| Total Automobiles | 30,800 | ||||
| Beverages – 1.7% | |||||
| Brown-Forman Corp. Class B |
208 | 10,030 | |||
| Central European Distribution Corp.* |
129 | 4,226 | |||
| Coca-Cola Co. (The) |
3,004 | 161,315 | |||
| Coca-Cola Enterprises, Inc. |
1,382 | 29,588 | |||
| Constellation Brands, Inc. Class A* |
310 | 4,696 | |||
| Dr. Pepper Snapple Group, Inc.* |
695 | 19,981 | |||
| Hansen Natural Corp.* |
151 | 5,548 | |||
| Molson Coors Brewing Co. Class B |
228 | 11,099 | |||
| Pepsi Bottling Group, Inc. |
620 | 22,593 | |||
| PepsiAmericas, Inc. |
316 | 9,025 | |||
| PepsiCo, Inc. |
2,409 | 141,312 | |||
| Total Beverages | 419,413 | ||||
| Biotechnology – 0.8% | |||||
| Amgen, Inc.* |
1,706 | 102,752 | |||
| Biogen Idec, Inc.* |
413 | 20,865 | |||
| Cephalon, Inc.* |
84 | 4,892 | |||
| Cubist Pharmaceuticals, Inc.* |
89 | 1,798 | |||
| Emergent Biosolutions, Inc.* |
83 | 1,466 | |||
| Genzyme Corp.* |
150 | 8,510 | |||
| Gilead Sciences, Inc.* |
881 | 41,037 | |||
| Myriad Genetics, Inc.* |
83 | 2,274 | |||
| Myriad Pharmaceuticals, Inc.* |
20 | 117 | |||
| OSI Pharmaceuticals, Inc.* |
87 | 3,071 | |||
| Total Biotechnology | 186,782 | ||||
| Building Products – 0.1% | |||||
| Ameron International Corp. |
33 | 2,310 | |||
| Apogee Enterprises, Inc. |
190 | 2,854 | |||
| Armstrong World Industries, Inc.* |
167 | 5,755 | |||
| Lennox International, Inc. |
144 | 5,201 | |||
| Masco Corp. |
525 | 6,783 | |||
| NCI Building Systems, Inc.*(a) |
151 | 483 | |||
| Simpson Manufacturing Co., Inc. |
78 | 1,970 | |||
| Total Building Products | 25,356 | ||||
| Capital Markets – 3.4% | |||||
| Affiliated Managers Group, Inc.* |
104 | 6,761 | |||
| Ameriprise Financial, Inc. |
638 | 23,179 | |||
| Apollo Investment Corp. |
603 | 5,759 | |||
| Bank of New York Mellon Corp. (The) |
1,678 | 48,645 | |||
| BlackRock Kelso Capital Corp. |
191 | 1,417 | |||
| BlackRock, Inc. |
192 | 41,629 | |||
| Charles Schwab Corp. (The) |
1,760 | 33,704 | |||
| Eaton Vance Corp. |
245 | 6,858 | |||
| Federated Investors, Inc. Class B |
271 | 7,146 | |||
| Franklin Resources, Inc. |
582 | 58,549 | |||
| GAMCO Investors, Inc. Class A |
73 | 3,336 | |||
| GFI Group, Inc. |
711 | 5,140 | |||
See Notes to Financial Statements.
| 12 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Goldman Sachs Group, Inc. (The) |
2,226 | $ | 410,363 | ||
| Greenhill & Co., Inc. |
42 | 3,762 | |||
| Hercules Technology Growth Capital, Inc. |
221 | 2,170 | |||
| Investment Technology Group, Inc.* |
140 | 3,909 | |||
| Janus Capital Group, Inc. |
650 | 9,217 | |||
| Knight Capital Group, Inc. Class A* |
258 | 5,611 | |||
| Northern Trust Corp. |
318 | 18,495 | |||
| optionsXpress Holdings, Inc. |
212 | 3,663 | |||
| Prospect Capital Corp. |
174 | 1,864 | |||
| Raymond James Financial, Inc. |
308 | 7,170 | |||
| SEI Investments Co. |
292 | 5,747 | |||
| State Street Corp. |
916 | 48,182 | |||
| Stifel Financial Corp.* |
44 | 2,416 | |||
| T. Rowe Price Group, Inc. |
460 | 21,022 | |||
| TD Ameritrade Holding Corp.* |
1,459 | 28,626 | |||
| Waddell & Reed Financial, Inc. Class A |
258 | 7,340 | |||
| Total Capital Markets | 821,680 | ||||
| Chemicals – 2.9% | |||||
| Air Products & Chemicals, Inc. |
509 | 39,488 | |||
| Airgas, Inc. |
169 | 8,175 | |||
| Albemarle Corp. |
297 | 10,276 | |||
| Arch Chemicals, Inc. |
80 | 2,399 | |||
| Ashland, Inc. |
373 | 16,121 | |||
| Cabot Corp. |
147 | 3,397 | |||
| Celanese Corp. Series A |
1,410 | 35,250 | |||
| CF Industries Holdings, Inc. |
307 | 26,473 | |||
| Cytec Industries, Inc. |
228 | 7,403 | |||
| Dow Chemical Co. (The) |
2,834 | 73,882 | |||
| E.I. Du Pont de Nemours & Co. |
2,549 | 81,925 | |||
| Eastman Chemical Co. |
325 | 17,401 | |||
| Ecolab, Inc. |
292 | 13,499 | |||
| FMC Corp. |
152 | 8,550 | |||
| H.B. Fuller Co. |
177 | 3,699 | |||
| Huntsman Corp. |
655 | 5,967 | |||
| Innophos Holdings, Inc. |
269 | 4,977 | |||
| International Flavors & Fragrances, Inc. |
176 | 6,676 | |||
| Koppers Holdings, Inc. |
106 | 3,143 | |||
| Lubrizol Corp. |
182 | 13,006 | |||
| Minerals Technologies, Inc. |
39 | 1,855 | |||
| Monsanto Co. |
596 | 46,130 | |||
| Mosaic Co. (The) |
2,063 | 99,168 | |||
| Nalco Holding Co. |
337 | 6,905 | |||
| NewMarket Corp. |
71 | 6,606 | |||
| Olin Corp. |
240 | 4,186 | |||
| OM Group, Inc.* |
247 | 7,506 | |||
| PPG Industries, Inc. |
373 | 21,712 | |||
| Praxair, Inc. |
521 | 42,561 | |||
| Rockwood Holdings, Inc.* |
348 | 7,158 | |||
| RPM International, Inc. |
436 | 8,062 | |||
| Sensient Technologies Corp. |
108 | 2,999 | |||
| Sigma-Aldrich Corp. |
190 | 10,256 | |||
| Terra Industries, Inc. |
782 | 27,112 | |||
| Valspar Corp. |
202 | 5,557 | |||
| Investments | Shares | Value | |||
| W.R. Grace & Co.* |
571 | $ | 12,414 | ||
| Westlake Chemical Corp. |
169 | 4,343 | |||
| Total Chemicals | 696,237 | ||||
| Commercial Banks – 1.9% | |||||
| Associated Banc-Corp. |
287 | 3,278 | |||
| Bancfirst Corp. |
41 | 1,514 | |||
| Bancorpsouth, Inc. |
181 | 4,418 | |||
| Bank of Hawaii Corp. |
121 | 5,026 | |||
| BB&T Corp. |
1,290 | 35,140 | |||
| BOK Financial Corp.(a) |
109 | 5,049 | |||
| CapitalSource, Inc. |
383 | 1,662 | |||
| Cathay General Bancorp |
129 | 1,044 | |||
| City National Corp. |
88 | 3,426 | |||
| Comerica, Inc. |
412 | 12,224 | |||
| Commerce Bancshares, Inc. |
114 | 4,245 | |||
| Community Bank System, Inc. |
89 | 1,626 | |||
| Cullen/Frost Bankers, Inc. |
114 | 5,887 | |||
| CVB Financial Corp.(a) |
233 | 1,769 | |||
| Fifth Third Bancorp |
226 | 2,289 | |||
| First Bancorp |
204 | 622 | |||
| First Citizens BancShares, Inc. Class A |
22 | 3,500 | |||
| First Financial Bankshares, Inc. |
46 | 2,275 | |||
| First Midwest Bancorp, Inc.(a) |
122 | 1,375 | |||
| FirstMerit Corp. |
182 | 3,463 | |||
| FNB Corp. |
201 | 1,429 | |||
| Fulton Financial Corp.(a) |
399 | 2,937 | |||
| Glacier Bancorp, Inc.(a) |
137 | 2,047 | |||
| Hancock Holding Co. |
64 | 2,405 | |||
| Huntington Bancshares, Inc. |
264 | 1,243 | |||
| International Bancshares Corp. |
190 | 3,099 | |||
| M&T Bank Corp. |
202 | 12,589 | |||
| MB Financial, Inc. |
73 | 1,531 | |||
| National Penn Bancshares, Inc. |
205 | 1,253 | |||
| NBT Bancorp, Inc. |
84 | 1,893 | |||
| Old National Bancorp |
168 | 1,882 | |||
| Pacific Capital Bancorp NA |
132 | 190 | |||
| Park National Corp.(a) |
39 | 2,275 | |||
| PNC Financial Services Group, Inc. |
699 | 33,964 | |||
| Prosperity Bancshares, Inc. |
96 | 3,340 | |||
| Regions Financial Corp. |
1,932 | 11,998 | |||
| S&T Bancorp, Inc. |
67 | 868 | |||
| SunTrust Banks, Inc. |
755 | 17,025 | |||
| Susquehanna Bancshares, Inc. |
178 | 1,048 | |||
| SVB Financial Group* |
116 | 5,019 | |||
| Synovus Financial Corp. |
537 | 2,014 | |||
| TCF Financial Corp.(a) |
353 | 4,603 | |||
| Trustmark Corp. |
138 | 2,629 | |||
| U.S. Bancorp |
3,290 | 71,919 | |||
| UMB Financial Corp. |
66 | 2,669 | |||
| Umpqua Holdings Corp. |
150 | 1,590 | |||
| United Bankshares, Inc.(a) |
90 | 1,763 | |||
| Valley National Bancorp |
197 | 2,421 | |||
| Wells Fargo & Co. |
5,164 | 145,522 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 13 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Westamerica Bancorp. |
51 | $ | 2,652 | ||
| Whitney Holding Corp. |
156 | 1,488 | |||
| Wilmington Trust Corp. |
121 | 1,718 | |||
| Zions Bancorp. |
247 | 4,439 | |||
| Total Commercial Banks | 453,294 | ||||
| Commercial Services & Supplies – 0.7% | |||||
| ABM Industries, Inc. |
118 | 2,483 | |||
| American Reprographics Co.* |
301 | 2,866 | |||
| Avery Dennison Corp. |
211 | 7,598 | |||
| Brink’s Co. (The) |
219 | 5,893 | |||
| Cintas Corp. |
310 | 9,396 | |||
| Clean Harbors, Inc.* |
42 | 2,363 | |||
| Consolidated Graphics, Inc.* |
96 | 2,395 | |||
| Copart, Inc.* |
153 | 5,081 | |||
| Corrections Corp. of America* |
239 | 5,413 | |||
| Covanta Holding Corp.* |
200 | 3,400 | |||
| Deluxe Corp. |
246 | 4,207 | |||
| Geo Group, Inc. (The)* |
103 | 2,078 | |||
| Herman Miller, Inc. |
272 | 4,600 | |||
| HNI Corp. |
157 | 3,705 | |||
| Interface, Inc. Class A |
349 | 2,897 | |||
| Iron Mountain, Inc.* |
150 | 3,999 | |||
| Knoll, Inc. |
285 | 2,973 | |||
| M&F Worldwide Corp.* |
132 | 2,672 | |||
| Mine Safety Appliances Co. |
84 | 2,311 | |||
| Pitney Bowes, Inc. |
270 | 6,709 | |||
| R.R. Donnelley & Sons Co. |
1,074 | 22,833 | |||
| Republic Services, Inc. |
285 | 7,572 | |||
| Rollins, Inc. |
151 | 2,846 | |||
| Steelcase, Inc. Class A |
523 | 3,248 | |||
| Stericycle, Inc.* |
76 | 3,682 | |||
| SYKES Enterprises, Inc.* |
136 | 2,832 | |||
| Tetra Tech, Inc.* |
104 | 2,759 | |||
| United Stationers, Inc.* |
93 | 4,428 | |||
| Viad Corp. |
76 | 1,513 | |||
| Waste Connections, Inc.* |
111 | 3,203 | |||
| Waste Management, Inc. |
838 | 24,989 | |||
| Total Commercial Services & Supplies | 162,944 | ||||
| Communications Equipment – 1.9% | |||||
| ADC Telecommunications, Inc.* |
414 | 3,453 | |||
| Adtran, Inc. |
187 | 4,591 | |||
| Airvana, Inc.* |
736 | 4,983 | |||
| Arris Group, Inc.* |
283 | 3,682 | |||
| Black Box Corp. |
63 | 1,581 | |||
| Brocade Communications Systems, Inc.* |
1,412 | 11,098 | |||
| Ciena Corp.* |
461 | 7,505 | |||
| Cisco Systems, Inc.* |
11,168 | 262,895 | |||
| CommScope, Inc.* |
279 | 8,350 | |||
| Comtech Telecommunications Corp.* |
59 | 1,960 | |||
| F5 Networks, Inc.* |
121 | 4,795 | |||
| Harmonic, Inc.* |
381 | 2,545 | |||
| Harris Corp. |
307 | 11,543 | |||
| Harris Stratex Networks, Inc. Class A* |
76 | 532 | |||
| Investments | Shares | Value | |||
| Infinera Corp.* |
395 | $ | 3,140 | ||
| Juniper Networks, Inc.* |
731 | 19,752 | |||
| Plantronics, Inc. |
186 | 4,987 | |||
| Polycom, Inc.* |
198 | 5,296 | |||
| QUALCOMM, Inc. |
2,284 | 102,734 | |||
| Starent Networks Corp.* |
230 | 5,847 | |||
| Tekelec* |
162 | 2,662 | |||
| Total Communications Equipment | 473,931 | ||||
| Computers & Peripherals – 4.6% | |||||
| Apple, Inc.* |
1,281 | 237,459 | |||
| Dell, Inc.* |
5,486 | 83,716 | |||
| Diebold, Inc. |
124 | 4,083 | |||
| EMC Corp.* |
3,377 | 57,544 | |||
| Hewlett-Packard Co. |
5,166 | 243,887 | |||
| International Business Machines Corp. |
3,124 | 373,662 | |||
| Lexmark International, Inc. Class A* |
294 | 6,333 | |||
| NCR Corp.* |
501 | 6,924 | |||
| NetApp, Inc.* |
555 | 14,807 | |||
| QLogic Corp.* |
294 | 5,057 | |||
| Teradata Corp.* |
437 | 12,026 | |||
| Western Digital Corp.* |
1,917 | 70,028 | |||
| Total Computers & Peripherals | 1,115,526 | ||||
| Construction & Engineering – 0.3% | |||||
| Aecom Technology Corp.* |
142 | 3,854 | |||
| EMCOR Group, Inc.* |
219 | 5,545 | |||
| Fluor Corp. |
351 | 17,848 | |||
| Granite Construction, Inc. |
77 | 2,382 | |||
| Jacobs Engineering Group, Inc.* |
207 | 9,512 | |||
| KBR, Inc. |
440 | 10,248 | |||
| MasTec, Inc.* |
224 | 2,722 | |||
| Quanta Services, Inc.* |
222 | 4,913 | |||
| Shaw Group, Inc. (The)* |
184 | 5,905 | |||
| Tutor Perini Corp.* |
138 | 2,939 | |||
| URS Corp.* |
127 | 5,543 | |||
| Total Construction & Engineering | 71,411 | ||||
| Construction Materials – 0.0% | |||||
| Martin Marietta Materials, Inc. |
51 | 4,696 | |||
| Texas Industries, Inc. |
52 | 2,183 | |||
| Vulcan Materials Co. |
87 | 4,704 | |||
| Total Construction Materials | 11,583 | ||||
| Consumer Finance – 0.8% | |||||
| American Express Co. |
2,972 | 100,751 | |||
| Capital One Financial Corp. |
1,407 | 50,272 | |||
| Cash America International, Inc. |
97 | 2,925 | |||
| Credit Acceptance Corp.*(a) |
141 | 4,539 | |||
| Discover Financial Services |
1,583 | 25,692 | |||
| Dollar Financial Corp.* |
177 | 2,835 | |||
| Ezcorp, Inc. Class A* |
115 | 1,571 | |||
| Student Loan Corp. (The) |
80 | 3,712 | |||
| World Acceptance Corp.*(a) |
89 | 2,244 | |||
| Total Consumer Finance | 194,541 | ||||
See Notes to Financial Statements.
| 14 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Containers & Packaging – 0.4% | |||||
| Aptargroup, Inc. |
115 | $ | 4,296 | ||
| Ball Corp. |
187 | 9,200 | |||
| Bemis Co., Inc. |
167 | 4,327 | |||
| Crown Holdings, Inc.* |
788 | 21,434 | |||
| Greif, Inc. Class A |
138 | 7,597 | |||
| Owens-Illinois, Inc.* |
477 | 17,601 | |||
| Packaging Corp. of America |
284 | 5,794 | |||
| Pactiv Corp.* |
212 | 5,523 | |||
| Rock-Tenn Co. Class A |
77 | 3,627 | |||
| Sealed Air Corp. |
374 | 7,342 | |||
| Silgan Holdings, Inc. |
63 | 3,322 | |||
| Sonoco Products Co. |
142 | 3,911 | |||
| Total Containers & Packaging | 93,974 | ||||
| Distributors – 0.1% | |||||
| Genuine Parts Co. |
302 | 11,494 | |||
| LKQ Corp.* |
296 | 5,488 | |||
| Total Distributors | 16,982 | ||||
| Diversified Consumer Services – 0.3% | |||||
| Apollo Group, Inc. Class A* |
161 | 11,861 | |||
| Career Education Corp.* |
132 | 3,218 | |||
| DeVry, Inc. |
72 | 3,983 | |||
| H&R Block, Inc. |
480 | 8,822 | |||
| ITT Educational Services, Inc.* |
61 | 6,735 | |||
| Matthews International Corp. Class A |
62 | 2,194 | |||
| Pre-Paid Legal Services, Inc.* |
48 | 2,438 | |||
| Regis Corp. |
182 | 2,821 | |||
| Service Corp. International |
1,185 | 8,307 | |||
| Sotheby’s(a) |
410 | 7,064 | |||
| Strayer Education, Inc.(a) |
13 | 2,830 | |||
| Weight Watchers International, Inc. |
168 | 4,610 | |||
| Total Diversified Consumer Services | 64,883 | ||||
| Diversified Financial Services – 1.9% | |||||
| Bank of America Corp. |
8,424 | 142,534 | |||
| CME Group, Inc. |
91 | 28,045 | |||
| Financial Federal Corp. |
71 | 1,752 | |||
| IntercontinentalExchange, Inc.* |
96 | 9,330 | |||
| JPMorgan Chase & Co. |
5,416 | 237,329 | |||
| Leucadia National Corp.* |
705 | 17,428 | |||
| Moody’s Corp. |
545 | 11,151 | |||
| NASDAQ OMX Group (The)* |
354 | 7,452 | |||
| NYSE Euronext |
612 | 17,681 | |||
| Total Diversified Financial Services | 472,702 | ||||
| Diversified Telecommunication Services – 2.0% | |||||
| Alaska Communications Systems Group, Inc. |
340 | 3,145 | |||
| AT&T, Inc. |
10,314 | 278,581 | |||
| CenturyTel, Inc. |
1,109 | 37,262 | |||
| Cincinnati Bell, Inc.* |
1,285 | 4,498 | |||
| Frontier Communications Corp. |
592 | 4,464 | |||
| Qwest Communications International, Inc. |
5,324 | 20,284 | |||
| Verizon Communications, Inc. |
4,181 | 126,559 | |||
| Investments | Shares | Value | |||
| Windstream Corp. |
1,277 | $ | 12,936 | ||
| Total Diversified Telecommunication Services | 487,729 | ||||
| Electric Utilities – 1.5% | |||||
| Allegheny Energy, Inc. |
342 | 9,070 | |||
| ALLETE, Inc. |
88 | 2,954 | |||
| American Electric Power Co., Inc. |
875 | 27,116 | |||
| Cleco Corp. |
134 | 3,361 | |||
| DPL, Inc. |
208 | 5,429 | |||
| Duke Energy Corp. |
2,147 | 33,794 | |||
| Edison International |
862 | 28,946 | |||
| El Paso Electric Co.* |
105 | 1,855 | |||
| Entergy Corp. |
366 | 29,229 | |||
| Exelon Corp. |
1,071 | 53,143 | |||
| FirstEnergy Corp. |
510 | 23,317 | |||
| FPL Group, Inc. |
643 | 35,513 | |||
| Great Plains Energy, Inc. |
211 | 3,787 | |||
| Hawaiian Electric Industries, Inc. |
164 | 2,972 | |||
| IDACORP, Inc. |
103 | 2,965 | |||
| ITC Holdings Corp. |
77 | 3,500 | |||
| MGE Energy, Inc. |
65 | 2,371 | |||
| Northeast Utilities |
313 | 7,431 | |||
| Pepco Holdings, Inc. |
413 | 6,145 | |||
| Pinnacle West Capital Corp. |
200 | 6,564 | |||
| Portland General Electric Co. |
142 | 2,800 | |||
| PPL Corp. |
673 | 20,419 | |||
| Progress Energy, Inc. |
442 | 17,264 | |||
| Southern Co. (The) |
1,068 | 33,824 | |||
| UIL Holdings Corp. |
67 | 1,768 | |||
| Westar Energy, Inc. |
239 | 4,663 | |||
| Total Electric Utilities | 370,200 | ||||
| Electrical Equipment – 0.7% | |||||
| A.O. Smith Corp. |
91 | 3,467 | |||
| Acuity Brands, Inc. |
118 | 3,801 | |||
| Ametek, Inc. |
212 | 7,401 | |||
| Baldor Electric Co. |
167 | 4,566 | |||
| Belden, Inc. |
169 | 3,904 | |||
| Brady Corp. Class A |
161 | 4,624 | |||
| Emerson Electric Co. |
1,584 | 63,487 | |||
| EnerSys* |
247 | 5,463 | |||
| First Solar, Inc.*(a) |
52 | 7,949 | |||
| General Cable Corp.* |
323 | 12,645 | |||
| GrafTech International Ltd.* |
656 | 9,643 | |||
| Hubbell, Inc. Class B |
169 | 7,098 | |||
| II-VI, Inc.* |
112 | 2,849 | |||
| Regal-Beloit Corp. |
108 | 4,937 | |||
| Rockwell Automation, Inc. |
435 | 18,531 | |||
| Roper Industries, Inc. |
167 | 8,514 | |||
| Sunpower Corp. Class A*(a) |
62 | 1,853 | |||
| Thomas & Betts Corp.* |
199 | 5,986 | |||
| Woodward Governor Co. |
163 | 3,954 | |||
| Total Electrical Equipment | 180,672 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 15 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Electronic Equipment, Instruments & Components – 1.6% | |||||
| Agilent Technologies, Inc.* |
1,009 | $ | 28,080 | ||
| Amphenol Corp. Class A |
455 | 17,144 | |||
| Anixter International, Inc.* |
231 | 9,265 | |||
| Arrow Electronics, Inc.* |
522 | 14,694 | |||
| Avnet, Inc.* |
639 | 16,595 | |||
| AVX Corp. |
478 | 5,703 | |||
| Benchmark Electronics, Inc.* |
209 | 3,762 | |||
| Checkpoint Systems, Inc.* |
187 | 3,074 | |||
| Corning, Inc. |
14,355 | 219,775 | |||
| Dolby Laboratories, Inc. Class A* |
168 | 6,416 | |||
| FLIR Systems, Inc.* |
208 | 5,818 | |||
| Ingram Micro, Inc. Class A* |
549 | 9,251 | |||
| Insight Enterprises, Inc.* |
447 | 5,458 | |||
| Jabil Circuit, Inc. |
554 | 7,429 | |||
| Molex, Inc. |
382 | 7,976 | |||
| MTS Systems Corp. |
75 | 2,191 | |||
| National Instruments Corp. |
141 | 3,896 | |||
| Plexus Corp.* |
160 | 4,214 | |||
| Rofin-Sinar Technologies, Inc.* |
104 | 2,388 | |||
| Scansource, Inc.* |
114 | 3,229 | |||
| SYNNEX Corp.* |
239 | 7,285 | |||
| Tech Data Corp.* |
182 | 7,573 | |||
| Trimble Navigation Ltd.* |
204 | 4,878 | |||
| Vishay Intertechnology, Inc.* |
537 | 4,242 | |||
| Total Electronic Equipment, Instruments & Components | 400,336 | ||||
| Energy Equipment & Services – 2.5% | |||||
| Atwood Oceanics, Inc.* |
373 | 13,156 | |||
| Baker Hughes, Inc. |
1,227 | 52,344 | |||
| Basic Energy Services, Inc.* |
190 | 1,613 | |||
| BJ Services Co. |
1,234 | 23,977 | |||
| Bristow Group, Inc.* |
96 | 2,850 | |||
| Cal Dive International, Inc.* |
397 | 3,926 | |||
| Cameron International Corp.* |
672 | 25,415 | |||
| CARBO Ceramics, Inc.(a) |
61 | 3,145 | |||
| Complete Production Services, Inc.* |
541 | 6,113 | |||
| Diamond Offshore Drilling, Inc.(a) |
470 | 44,894 | |||
| Dresser-Rand Group, Inc.* |
251 | 7,799 | |||
| Dril-Quip, Inc.* |
165 | 8,191 | |||
| ENSCO International, Inc. |
932 | 39,647 | |||
| Exterran Holdings, Inc.* |
186 | 4,416 | |||
| FMC Technologies, Inc.* |
409 | 21,366 | |||
| Gulfmark Offshore, Inc.* |
126 | 4,125 | |||
| Halliburton Co. |
2,444 | 66,281 | |||
| Helix Energy Solutions Group, Inc.* |
1,099 | 16,463 | |||
| Helmerich & Payne, Inc. |
472 | 18,658 | |||
| Hercules Offshore, Inc.* |
617 | 3,029 | |||
| Hornbeck Offshore Services, Inc.* |
171 | 4,713 | |||
| ION Geophysical Corp.* |
657 | 2,313 | |||
| Key Energy Services, Inc.* |
857 | 7,456 | |||
| Lufkin Industries, Inc. |
65 | 3,457 | |||
| Investments | Shares | Value | |||
| National Oilwell Varco, Inc.* |
1,723 | $ | 74,313 | ||
| Oceaneering International, Inc.* |
209 | 11,861 | |||
| Oil States International, Inc.* |
362 | 12,717 | |||
| Parker Drilling Co.* |
846 | 4,619 | |||
| Patterson-UTI Energy, Inc. |
813 | 12,276 | |||
| Pioneer Drilling Co.* |
369 | 2,708 | |||
| Pride International, Inc.* |
849 | 25,844 | |||
| Rowan Cos., Inc. |
648 | 14,949 | |||
| RPC, Inc. |
323 | 3,385 | |||
| SEACOR Holdings, Inc.* |
51 | 4,163 | |||
| Seahawk Drilling, Inc.*(a) |
56 | 1,741 | |||
| Smith International, Inc. |
747 | 21,439 | |||
| Superior Energy Services, Inc.* |
476 | 10,720 | |||
| Tidewater, Inc. |
202 | 9,512 | |||
| Unit Corp.* |
309 | 12,746 | |||
| Total Energy Equipment & Services | 608,340 | ||||
| Food & Staples Retailing – 2.4% | |||||
| Andersons, Inc. (The) |
115 | 4,048 | |||
| BJ’s Wholesale Club, Inc.* |
110 | 3,984 | |||
| Casey’s General Stores, Inc. |
122 | 3,828 | |||
| Costco Wholesale Corp. |
557 | 31,448 | |||
| CVS Caremark Corp. |
2,788 | 99,643 | |||
| Ingles Markets, Inc. Class A |
112 | 1,773 | |||
| Kroger Co. (The) |
1,132 | 23,364 | |||
| Ruddick Corp.(a) |
98 | 2,609 | |||
| Safeway, Inc. |
908 | 17,906 | |||
| SUPERVALU, Inc. |
1,033 | 15,557 | |||
| Sysco Corp. |
1,073 | 26,664 | |||
| United Natural Foods, Inc.* |
89 | 2,129 | |||
| Walgreen Co. |
1,972 | 73,891 | |||
| Wal-Mart Stores, Inc. |
5,692 | 279,420 | |||
| Whole Foods Market, Inc.* |
297 | 9,056 | |||
| Total Food & Staples Retailing | 595,320 | ||||
| Food Products – 1.3% | |||||
| Archer-Daniels-Midland Co. |
1,974 | 57,680 | |||
| Cal-Maine Foods, Inc.(a) |
152 | 4,069 | |||
| Campbell Soup Co. |
539 | 17,582 | |||
| Chiquita Brands International, Inc.* |
135 | 2,182 | |||
| ConAgra Foods, Inc. |
724 | 15,696 | |||
| Corn Products International, Inc. |
219 | 6,246 | |||
| Darling International, Inc.* |
437 | 3,212 | |||
| Dean Foods Co.* |
250 | 4,448 | |||
| Del Monte Foods Co. |
385 | 4,458 | |||
| Flowers Foods, Inc. |
139 | 3,654 | |||
| General Mills, Inc. |
435 | 28,005 | |||
| H.J. Heinz Co. |
526 | 20,909 | |||
| Hershey Co. (The) |
219 | 8,510 | |||
| Hormel Foods Corp. |
228 | 8,099 | |||
| J.M. Smucker Co. (The) |
105 | 5,566 | |||
| Kellogg Co. |
621 | 30,572 | |||
| Kraft Foods, Inc. Class A |
2,148 | 56,428 | |||
| Lancaster Colony Corp. |
69 | 3,538 | |||
See Notes to Financial Statements.
| 16 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| McCormick & Co., Inc. |
212 | $ | 7,195 | ||
| Ralcorp Holdings, Inc.* |
79 | 4,619 | |||
| Sara Lee Corp. |
1,519 | 16,922 | |||
| Tyson Foods, Inc. Class A |
283 | 3,574 | |||
| Total Food Products | 313,164 | ||||
| Gas Utilities – 0.4% | |||||
| AGL Resources, Inc. |
170 | 5,996 | |||
| Atmos Energy Corp. |
215 | 6,059 | |||
| Energen Corp. |
258 | 11,120 | |||
| EQT Corp. |
220 | 9,372 | |||
| Laclede Group, Inc. (The) |
50 | 1,608 | |||
| National Fuel Gas Co. |
217 | 9,941 | |||
| New Jersey Resources Corp. |
101 | 3,667 | |||
| Nicor, Inc. |
102 | 3,732 | |||
| Northwest Natural Gas Co. |
58 | 2,416 | |||
| Oneok, Inc. |
296 | 10,840 | |||
| Piedmont Natural Gas Co., Inc. |
125 | 2,992 | |||
| Questar Corp. |
462 | 17,353 | |||
| South Jersey Industries, Inc. |
74 | 2,612 | |||
| Southwest Gas Corp. |
97 | 2,481 | |||
| UGI Corp. |
225 | 5,639 | |||
| WGL Holdings, Inc. |
109 | 3,612 | |||
| Total Gas Utilities | 99,440 | ||||
| Health Care Equipment & Supplies – 1.5% | |||||
| Baxter International, Inc. |
862 | 49,143 | |||
| Beckman Coulter, Inc. |
99 | 6,825 | |||
| Becton Dickinson & Co. |
384 | 26,784 | |||
| Boston Scientific Corp.* |
1,872 | 19,825 | |||
| C.R. Bard, Inc. |
109 | 8,569 | |||
| Carefusion Corp.* |
451 | 9,832 | |||
| Conmed Corp.* |
78 | 1,495 | |||
| DENTSPLY International, Inc. |
245 | 8,462 | |||
| Edwards Lifesciences Corp.* |
72 | 5,034 | |||
| Gen-Probe, Inc.* |
70 | 2,901 | |||
| Haemonetics Corp.* |
37 | 2,076 | |||
| Hill-Rom Holdings, Inc. |
118 | 2,570 | |||
| Hospira, Inc.* |
254 | 11,328 | |||
| Idexx Laboratories, Inc.* |
100 | 5,000 | |||
| Immucor, Inc.* |
103 | 1,823 | |||
| Intuitive Surgical, Inc.* |
42 | 11,015 | |||
| Kinetic Concepts, Inc.* |
229 | 8,468 | |||
| Medtronic, Inc. |
1,936 | 71,245 | |||
| Resmed, Inc.* |
90 | 4,068 | |||
| Sirona Dental Systems, Inc.* |
242 | 7,200 | |||
| St. Jude Medical, Inc.* |
512 | 19,973 | |||
| STERIS Corp. |
129 | 3,928 | |||
| Stryker Corp. |
673 | 30,574 | |||
| Teleflex, Inc. |
45 | 2,174 | |||
| Varian Medical Systems, Inc.* |
203 | 8,552 | |||
| West Pharmaceutical Services, Inc. |
62 | 2,518 | |||
| Zimmer Holdings, Inc.* |
543 | 29,023 | |||
| Total Health Care Equipment & Supplies | 360,405 | ||||
| Investments | Shares | Value | |||
| Health Care Providers & Services – 2.4% | |||||
| Aetna, Inc. |
1,633 | $ | 45,446 | ||
| Amedisys, Inc.*(a) |
71 | 3,098 | |||
| AMERIGROUP Corp.* |
162 | 3,592 | |||
| AmerisourceBergen Corp. |
632 | 14,144 | |||
| Amsurg Corp.* |
85 | 1,805 | |||
| Cardinal Health, Inc. |
903 | 24,200 | |||
| Catalyst Health Solutions, Inc.* |
95 | 2,769 | |||
| Centene Corp.* |
139 | 2,633 | |||
| Chemed Corp. |
63 | 2,765 | |||
| Cigna Corp. |
1,331 | 37,388 | |||
| Community Health Systems, Inc.* |
190 | 6,067 | |||
| Coventry Health Care, Inc.* |
798 | 15,928 | |||
| DaVita, Inc.* |
174 | 9,855 | |||
| Emergency Medical Services Corp. Class A* |
78 | 3,627 | |||
| Express Scripts, Inc.* |
295 | 22,886 | |||
| Gentiva Health Services, Inc.* |
98 | 2,451 | |||
| Health Management Associates, Inc. Class A* |
1,043 | 7,812 | |||
| Health Net, Inc.* |
529 | 8,147 | |||
| Healthspring, Inc.* |
199 | 2,438 | |||
| Healthways, Inc.* |
171 | 2,620 | |||
| Henry Schein, Inc.* |
175 | 9,609 | |||
| Humana, Inc.* |
497 | 18,538 | |||
| inVentiv Health, Inc.* |
152 | 2,543 | |||
| Kindred Healthcare, Inc.* |
149 | 2,418 | |||
| Laboratory Corp. of America Holdings* |
168 | 11,038 | |||
| LifePoint Hospitals, Inc.* |
175 | 4,735 | |||
| Lincare Holdings, Inc.* |
206 | 6,437 | |||
| Magellan Health Services, Inc.* |
83 | 2,578 | |||
| McKesson Corp. |
661 | 39,363 | |||
| Medco Health Solutions, Inc.* |
583 | 32,246 | |||
| Mednax, Inc.* |
114 | 6,261 | |||
| Molina Healthcare, Inc.* |
117 | 2,421 | |||
| Omnicare, Inc. |
174 | 3,918 | |||
| Owens & Minor, Inc. |
80 | 3,620 | |||
| Patterson Cos., Inc.* |
268 | 7,303 | |||
| PSS World Medical, Inc.* |
106 | 2,314 | |||
| Psychiatric Solutions, Inc.* |
116 | 3,104 | |||
| Quest Diagnostics, Inc. |
295 | 15,396 | |||
| Sun Healthcare Group, Inc.* |
167 | 1,443 | |||
| UnitedHealth Group, Inc. |
3,400 | 85,136 | |||
| Universal American Corp.* |
327 | 3,080 | |||
| Universal Health Services, Inc. Class B |
134 | 8,299 | |||
| VCA Antech, Inc.* |
177 | 4,759 | |||
| WellPoint, Inc.* |
1,897 | 89,842 | |||
| Total Health Care Providers & Services | 586,072 | ||||
| Health Care Technology – 0.1% | |||||
| Cerner Corp.* |
112 | 8,378 | |||
| Eclipsys Corp.* |
144 | 2,779 | |||
| HLTH Corp.* |
439 | 6,414 | |||
| IMS Health, Inc. |
380 | 5,833 | |||
| Total Health Care Technology | 23,404 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 17 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Hotels, Restaurants & Leisure – 1.3% | |||||
| Ameristar Casinos, Inc. |
224 | $ | 3,535 | ||
| Bally Technologies, Inc.* |
144 | 5,525 | |||
| Bob Evans Farms, Inc. |
96 | 2,790 | |||
| Burger King Holdings, Inc. |
232 | 4,081 | |||
| CEC Entertainment, Inc.* |
82 | 2,121 | |||
| Cheesecake Factory (The)* |
220 | 4,074 | |||
| Chipotle Mexican Grill, Inc. Class A* |
37 | 3,591 | |||
| Choice Hotels International, Inc. |
105 | 3,261 | |||
| Cracker Barrel Old Country Store, Inc. |
89 | 3,062 | |||
| Darden Restaurants, Inc. |
343 | 11,707 | |||
| Domino’s Pizza, Inc.* |
372 | 3,289 | |||
| International Game Technology |
681 | 14,628 | |||
| International Speedway Corp. Class A |
114 | 3,143 | |||
| Jack In The Box, Inc.* |
98 | 2,008 | |||
| Life Time Fitness, Inc.* |
189 | 5,301 | |||
| Marriott International, Inc. Class A |
748 | 20,637 | |||
| McDonald’s Corp. |
1,627 | 92,853 | |||
| MGM Mirage* |
675 | 8,127 | |||
| Panera Bread Co. Class A* |
38 | 2,090 | |||
| Penn National Gaming, Inc.* |
153 | 4,232 | |||
| Scientific Games Corp. Class A* |
156 | 2,469 | |||
| Sonic Corp.* |
151 | 1,670 | |||
| Speedway Motorsports, Inc. |
124 | 1,784 | |||
| Starbucks Corp.* |
756 | 15,611 | |||
| Starwood Hotels & Resorts Worldwide, Inc. |
590 | 19,488 | |||
| Vail Resorts, Inc.* |
111 | 3,723 | |||
| WMS Industries, Inc.* |
83 | 3,698 | |||
| Wyndham Worldwide Corp. |
1,379 | 22,505 | |||
| Wynn Resorts Ltd.* |
222 | 15,738 | |||
| Yum! Brands, Inc. |
707 | 23,868 | |||
| Total Hotels, Restaurants & Leisure | 310,609 | ||||
| Household Durables – 0.5% | |||||
| American Greetings Corp. Class A |
170 | 3,791 | |||
| Black & Decker Corp. |
230 | 10,647 | |||
| Blyth, Inc. |
67 | 2,595 | |||
| Ethan Allen Interiors, Inc. |
108 | 1,782 | |||
| Fortune Brands, Inc. |
432 | 18,567 | |||
| Harman International Industries, Inc. |
166 | 5,624 | |||
| Jarden Corp. |
250 | 7,018 | |||
| Leggett & Platt, Inc. |
239 | 4,637 | |||
| Newell Rubbermaid, Inc. |
742 | 11,642 | |||
| NVR, Inc.* |
11 | 7,011 | |||
| Sealy Corp.* |
617 | 1,974 | |||
| Tempur-Pedic International, Inc.* |
416 | 7,879 | |||
| Tupperware Brands Corp. |
198 | 7,904 | |||
| Whirlpool Corp. |
295 | 20,638 | |||
| Total Household Durables | 111,709 | ||||
| Household Products – 1.5% | |||||
| Church & Dwight Co., Inc. |
103 | 5,844 | |||
| Clorox Co. |
227 | 13,352 | |||
| Colgate-Palmolive Co. |
696 | 53,091 | |||
| Energizer Holdings, Inc.* |
175 | 11,610 | |||
| Investments | Shares | Value | |||
| Kimberly-Clark Corp. |
798 | $ | 47,066 | ||
| Procter & Gamble Co. (The) |
4,158 | 240,831 | |||
| Total Household Products | 371,794 | ||||
| Independent Power Producers & Energy Traders – 0.3% | |||||
| AES Corp. (The)* |
1,805 | 26,750 | |||
| Constellation Energy Group, Inc. |
315 | 10,197 | |||
| Mirant Corp.* |
710 | 11,665 | |||
| NRG Energy, Inc.* |
927 | 26,132 | |||
| Ormat Technologies, Inc. |
64 | 2,613 | |||
| Total Independent Power Producers & Energy Traders | 77,357 | ||||
| Industrial Conglomerates – 2.5% | |||||
| 3M Co. |
1,463 | 107,969 | |||
| Carlisle Cos., Inc. |
220 | 7,460 | |||
| General Electric Co. |
27,389 | 449,727 | |||
| Seaboard Corp. |
5 | 6,500 | |||
| Textron, Inc. |
1,429 | 27,123 | |||
| Total Industrial Conglomerates | 598,779 | ||||
| Insurance – 3.9% | |||||
| Alleghany Corp.* |
5 | 1,295 | |||
| Allstate Corp. (The) |
1,645 | 50,370 | |||
| American Family Life Assurance Co., Inc. |
918 | 39,235 | |||
| American Financial Group, Inc. |
391 | 9,971 | |||
| American Physicians Capital, Inc. |
54 | 1,556 | |||
| Amerisafe, Inc.* |
92 | 1,587 | |||
| Amtrust Financial Services, Inc. |
366 | 4,176 | |||
| AON Corp. |
314 | 12,777 | |||
| Arthur J. Gallagher & Co. |
152 | 3,704 | |||
| Assurant, Inc. |
483 | 15,485 | |||
| Berkshire Hathaway, Inc. Class B* |
51 | 169,473 | |||
| Brown & Brown, Inc. |
212 | 4,062 | |||
| Chubb Corp. |
897 | 45,218 | |||
| Cincinnati Financial Corp. |
301 | 7,823 | |||
| CNA Financial Corp.* |
1,089 | 26,288 | |||
| CNA Surety Corp.* |
180 | 2,916 | |||
| Delphi Financial Group, Inc. Class A |
198 | 4,481 | |||
| Employers Holdings, Inc. |
211 | 3,266 | |||
| Erie Indemnity Co. Class A |
112 | 4,196 | |||
| FBL Financial Group, Inc. Class A |
272 | 5,285 | |||
| Fpic Insurance Group, Inc.* |
39 | 1,308 | |||
| Hanover Insurance Group, Inc. (The) |
95 | 3,926 | |||
| Harleysville Group, Inc. |
91 | 2,880 | |||
| HCC Insurance Holdings, Inc. |
323 | 8,834 | |||
| Horace Mann Educators Corp. |
154 | 2,151 | |||
| Infinity Property & Casualty Corp. |
46 | 1,954 | |||
| Lincoln National Corp. |
1,458 | 37,777 | |||
| Loews Corp. |
1,326 | 45,416 | |||
| Markel Corp.* |
14 | 4,618 | |||
| Marsh & McLennan Cos., Inc. |
342 | 8,458 | |||
| Mercury General Corp. |
104 | 3,763 | |||
| Metlife, Inc. |
2,331 | 88,741 | |||
See Notes to Financial Statements.
| 18 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| National Western Life Insurance Co. Class A |
1 | $ | 176 | ||
| Navigators Group, Inc.* |
44 | 2,420 | |||
| Odyssey Re Holdings Corp. |
67 | 4,342 | |||
| Principal Financial Group, Inc. |
1,099 | 30,102 | |||
| ProAssurance Corp.* |
93 | 4,854 | |||
| Progressive Corp. (The)* |
1,472 | 24,406 | |||
| Prudential Financial, Inc. |
1,873 | 93,481 | |||
| Reinsurance Group of America, Inc. |
277 | 12,354 | |||
| RLI Corp. |
50 | 2,639 | |||
| Safety Insurance Group, Inc. |
59 | 1,942 | |||
| Selective Insurance Group, Inc. |
81 | 1,274 | |||
| StanCorp Financial Group, Inc. |
155 | 6,257 | |||
| Torchmark Corp. |
286 | 12,421 | |||
| Tower Group, Inc. |
95 | 2,317 | |||
| Transatlantic Holdings, Inc. |
208 | 10,435 | |||
| Travelers Cos., Inc. (The) |
1,685 | 82,953 | |||
| Universal Insurance Holdings, Inc. |
706 | 3,551 | |||
| Unum Group |
1,066 | 22,855 | |||
| W.R. Berkley Corp. |
457 | 11,553 | |||
| Wesco Financial Corp. |
4 | 1,302 | |||
| Zenith National Insurance Corp. |
79 | 2,441 | |||
| Total Insurance | 957,065 | ||||
| Internet & Catalog Retail – 0.3% | |||||
| Amazon.com, Inc.* |
271 | 25,300 | |||
| Expedia, Inc.* |
887 | 21,244 | |||
| Liberty Media Corp. – Interactive A* |
947 | 10,389 | |||
| NetFlix, Inc.*(a) |
84 | 3,878 | |||
| NutriSystem, Inc. |
206 | 3,143 | |||
| priceline.com, Inc.*(a) |
74 | 12,271 | |||
| Total Internet & Catalog Retail | 76,225 | ||||
| Internet Software & Services – 1.2% | |||||
| Akamai Technologies, Inc.* |
252 | 4,959 | |||
| Digital River, Inc.* |
97 | 3,911 | |||
| Earthlink, Inc. |
642 | 5,399 | |||
| eBay, Inc.* |
3,038 | 71,727 | |||
| Google, Inc. Class A* |
376 | 186,440 | |||
| j2 Global Communications, Inc.* |
123 | 2,830 | |||
| United Online, Inc. |
337 | 2,709 | |||
| Valueclick, Inc.* |
261 | 3,443 | |||
| WebMD Health Corp. Class A*(a) |
98 | 3,246 | |||
| Yahoo!, Inc.* |
1,039 | 18,505 | |||
| Total Internet Software & Services | 303,169 | ||||
| IT Services – 1.4% | |||||
| Affiliated Computer Services, Inc. Class A* |
208 | 11,267 | |||
| Alliance Data Systems Corp.*(a) |
136 | 8,307 | |||
| Automatic Data Processing, Inc. |
743 | 29,200 | |||
| Broadridge Financial Solutions, Inc. |
394 | 7,919 | |||
| CACI International, Inc. Class A* |
66 | 3,120 | |||
| Cognizant Technology Solutions Corp. Class A* |
582 | 22,500 | |||
| Computer Sciences Corp.* |
655 | 34,525 | |||
| CSG Systems International, Inc.* |
129 | 2,065 | |||
| DST Systems, Inc.* |
158 | 7,078 | |||
| Investments | Shares | Value | |||
| Euronet Worldwide, Inc.* |
154 | $ | 3,701 | ||
| Fidelity National Information Services, Inc. |
244 | 6,225 | |||
| Fiserv, Inc.* |
267 | 12,869 | |||
| Gartner, Inc.* |
190 | 3,471 | |||
| Global Payments, Inc. |
148 | 6,912 | |||
| Hewitt Associates, Inc. Class A* |
163 | 5,938 | |||
| ManTech International Corp. Class A* |
59 | 2,783 | |||
| Mastercard, Inc. Class A |
209 | 42,249 | |||
| MAXIMUS, Inc. |
59 | 2,749 | |||
| NeuStar, Inc. Class A* |
157 | 3,548 | |||
| Paychex, Inc. |
500 | 14,525 | |||
| Perot Systems Corp. Class A* |
295 | 8,762 | |||
| SAIC, Inc.* |
550 | 9,647 | |||
| SRA International, Inc. Class A* |
136 | 2,936 | |||
| Syntel, Inc. |
106 | 5,059 | |||
| TeleTech Holdings, Inc.* |
226 | 3,856 | |||
| Total System Services, Inc. |
433 | 6,976 | |||
| Visa, Inc. Class A |
496 | 34,279 | |||
| Western Union Co. (The) |
1,556 | 29,440 | |||
| Wright Express Corp.* |
136 | 4,013 | |||
| Total IT Services | 335,919 | ||||
| Leisure Equipment & Products – 0.1% | |||||
| Callaway Golf Co. |
164 | 1,248 | |||
| Eastman Kodak Co. |
243 | 1,161 | |||
| Hasbro, Inc. |
291 | 8,075 | |||
| Jakks Pacific, Inc.* |
140 | 2,005 | |||
| Mattel, Inc. |
834 | 15,396 | |||
| Polaris Industries, Inc. |
115 | 4,690 | |||
| Pool Corp. |
129 | 2,866 | |||
| Total Leisure Equipment & Products | 35,441 | ||||
| Life Sciences Tools & Services – 0.4% | |||||
| Bio-Rad Laboratories, Inc. Class A* |
38 | 3,491 | |||
| Bruker Corp.* |
406 | 4,332 | |||
| Charles River Laboratories International, Inc.* |
163 | 6,028 | |||
| Covance, Inc.* |
104 | 5,632 | |||
| Dionex Corp.* |
21 | 1,364 | |||
| Illumina, Inc.* |
86 | 3,655 | |||
| Mettler-Toledo International, Inc.* |
76 | 6,885 | |||
| Millipore Corp.* |
61 | 4,290 | |||
| Parexel International Corp.* |
195 | 2,650 | |||
| PerkinElmer, Inc. |
259 | 4,983 | |||
| Pharmaceutical Product Development, Inc. |
157 | 3,445 | |||
| Techne Corp. |
39 | 2,439 | |||
| Thermo Fisher Scientific, Inc.* |
671 | 29,303 | |||
| Varian, Inc.* |
49 | 2,502 | |||
| Waters Corp.* |
190 | 10,613 | |||
| Total Life Sciences Tools & Services | 91,612 | ||||
| Machinery – 2.8% | |||||
| Actuant Corp. Class A |
202 | 3,244 | |||
| AGCO Corp.* |
387 | 10,693 | |||
| Astec Industries, Inc.* |
70 | 1,783 | |||
| Barnes Group, Inc. |
227 | 3,879 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 19 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Bucyrus International, Inc. |
268 | $ | 9,546 | ||
| Caterpillar, Inc. |
2,040 | 104,713 | |||
| Chart Industries, Inc.* |
191 | 4,124 | |||
| CIRCOR International, Inc. |
88 | 2,487 | |||
| CLARCOR, Inc. |
89 | 2,791 | |||
| Crane Co. |
267 | 6,891 | |||
| Cummins, Inc. |
850 | 38,089 | |||
| Danaher Corp. |
579 | 38,978 | |||
| Deere & Co. |
1,172 | 50,302 | |||
| Donaldson Co., Inc. |
138 | 4,779 | |||
| Dover Corp. |
540 | 20,930 | |||
| Eaton Corp. |
644 | 36,444 | |||
| EnPro Industries, Inc.* |
126 | 2,880 | |||
| ESCO Technologies, Inc.* |
50 | 1,970 | |||
| Federal Signal Corp. |
221 | 1,589 | |||
| Flowserve Corp. |
196 | 19,314 | |||
| Gardner Denver, Inc.* |
204 | 7,116 | |||
| Graco, Inc. |
168 | 4,682 | |||
| Harsco Corp. |
283 | 10,021 | |||
| IDEX Corp. |
189 | 5,283 | |||
| Illinois Tool Works, Inc. |
1,297 | 55,395 | |||
| Joy Global, Inc. |
331 | 16,199 | |||
| Kaydon Corp. |
73 | 2,367 | |||
| Kennametal, Inc. |
256 | 6,300 | |||
| Lincoln Electric Holdings, Inc. |
125 | 5,931 | |||
| Manitowoc Co., Inc. (The) |
751 | 7,112 | |||
| Middleby Corp.* |
70 | 3,851 | |||
| Mueller Industries, Inc. |
131 | 3,127 | |||
| Navistar International Corp.* |
382 | 14,294 | |||
| Nordson Corp. |
104 | 5,833 | |||
| Oshkosh Corp. |
258 | 7,980 | |||
| PACCAR, Inc. |
963 | 36,315 | |||
| Pall Corp. |
180 | 5,810 | |||
| Parker Hannifin Corp. |
608 | 31,519 | |||
| Pentair, Inc. |
211 | 6,229 | |||
| Robbins & Myers, Inc. |
140 | 3,287 | |||
| Sauer-Danfoss, Inc. |
277 | 2,125 | |||
| Snap-On, Inc. |
145 | 5,040 | |||
| SPX Corp. |
257 | 15,746 | |||
| Stanley Works (The) |
221 | 9,434 | |||
| Terex Corp.* |
909 | 18,844 | |||
| Timken Co. |
514 | 12,043 | |||
| Toro Co. |
105 | 4,176 | |||
| Trinity Industries, Inc. |
501 | 8,612 | |||
| Valmont Industries, Inc. |
59 | 5,026 | |||
| Wabtec Corp. |
88 | 3,303 | |||
| Watts Water Technologies, Inc. Class A |
91 | 2,753 | |||
| Total Machinery | 691,179 | ||||
| Marine – 0.0% | |||||
| Alexander & Baldwin, Inc. |
96 | 3,081 | |||
| American Commercial Lines, Inc.* |
87 | 2,533 | |||
| Kirby Corp.* |
141 | 5,192 | |||
| Total Marine | 10,806 | ||||
| Investments | Shares | Value | |||
| Media – 3.2% | |||||
| Belo Corp. Class A |
1,151 | $ | 6,227 | ||
| Cablevision Systems Corp. Class A |
454 | 10,782 | |||
| Clear Channel Outdoor Holdings, Inc. Class A* |
1,237 | 8,659 | |||
| Comcast Corp. Class A |
3,909 | 66,023 | |||
| DIRECTV Group, Inc. (The)*(a) |
1,536 | 42,363 | |||
| DISH Network Corp. Class A* |
2,019 | 38,886 | |||
| DreamWorks Animation SKG, Inc. Class A* |
204 | 7,256 | |||
| Fisher Communications, Inc.* |
138 | 2,509 | |||
| Gannett Co., Inc. |
1,203 | 15,050 | |||
| Harte-Hanks, Inc. |
336 | 4,647 | |||
| Interactive Data Corp. |
153 | 4,010 | |||
| Interpublic Group of Cos., Inc.* |
1,441 | 10,836 | |||
| John Wiley & Sons, Inc. Class A |
112 | 3,895 | |||
| Marvel Entertainment, Inc.* |
145 | 7,195 | |||
| McGraw-Hill Cos., Inc. (The) |
779 | 19,584 | |||
| Meredith Corp. |
188 | 5,629 | |||
| Morningstar, Inc.* |
87 | 4,225 | |||
| News Corp. Class A |
14,276 | 171,169 | |||
| Omnicom Group, Inc. |
861 | 31,805 | |||
| Regal Entertainment Group Class A |
203 | 2,501 | |||
| Scholastic Corp. |
121 | 2,945 | |||
| Scripps Networks Interactive, Inc. Class A |
242 | 8,942 | |||
| Sinclair Broadcast Group, Inc. Class A |
548 | 1,962 | |||
| Time Warner Cable, Inc. Class A |
780 | 33,610 | |||
| Time Warner, Inc. |
2,797 | 80,498 | |||
| Viacom, Inc. Class B* |
2,176 | 61,015 | |||
| Walt Disney Co. (The) |
4,348 | 119,396 | |||
| Washington Post Co. (The) Class B |
10 | 4,681 | |||
| World Wrestling Entertainment, Inc. Class A |
164 | 2,298 | |||
| Total Media | 778,598 | ||||
| Metals & Mining – 2.4% | |||||
| Alcoa, Inc. |
4,219 | 55,353 | |||
| Allegheny Technologies, Inc. |
565 | 19,769 | |||
| AMCOL International Corp. |
77 | 1,762 | |||
| Carpenter Technology Corp. |
173 | 4,046 | |||
| Cliffs Natural Resources, Inc. |
516 | 16,698 | |||
| Commercial Metals Co. |
408 | 7,303 | |||
| Compass Minerals International, Inc. |
63 | 3,882 | |||
| Freeport-McMoRan Copper & Gold, Inc.* |
2,983 | 204,664 | |||
| Haynes International, Inc.* |
100 | 3,182 | |||
| Horsehead Holding Corp.* |
354 | 4,149 | |||
| Kaiser Aluminum Corp. |
78 | 2,836 | |||
| Newmont Mining Corp. |
650 | 28,613 | |||
| Nucor Corp. |
1,122 | 52,745 | |||
| Olympic Steel, Inc. |
96 | 2,754 | |||
| Reliance Steel & Aluminum Co. |
541 | 23,025 | |||
| RTI International Metals, Inc.* |
137 | 3,413 | |||
| Schnitzer Steel Industries, Inc. Class A |
180 | 9,585 | |||
| Southern Copper Corp. |
2,814 | 86,362 | |||
| Steel Dynamics, Inc. |
1,288 | 19,758 | |||
| Titanium Metals Corp. |
508 | 4,872 | |||
| Walter Energy, Inc. |
264 | 15,856 | |||
See Notes to Financial Statements.
| 20 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Worthington Industries, Inc. |
392 | $ | 5,449 | ||
| Total Metals & Mining | 576,076 | ||||
| Multiline Retail – 1.0% | |||||
| Big Lots, Inc.* |
278 | 6,956 | |||
| Dollar Tree, Inc.* |
137 | 6,669 | |||
| Family Dollar Stores, Inc. |
243 | 6,415 | |||
| J.C. Penney Co., Inc. |
825 | 27,844 | |||
| Kohl’s Corp.* |
597 | 34,059 | |||
| Macy’s, Inc. |
1,773 | 32,428 | |||
| Nordstrom, Inc. |
996 | 30,418 | |||
| Sears Holdings Corp.*(a) |
168 | 10,972 | |||
| Target Corp. |
1,711 | 79,869 | |||
| Total Multiline Retail | 235,630 | ||||
| Multi-Utilities – 1.1% | |||||
| Alliant Energy Corp. |
199 | 5,542 | |||
| Ameren Corp. |
470 | 11,882 | |||
| Avista Corp. |
131 | 2,649 | |||
| Black Hills Corp. |
89 | 2,240 | |||
| Centerpoint Energy, Inc. |
1,002 | 12,455 | |||
| CMS Energy Corp. |
332 | 4,449 | |||
| Consolidated Edison, Inc. |
393 | 16,089 | |||
| Dominion Resources, Inc. |
1,118 | 38,571 | |||
| DTE Energy Co. |
388 | 13,634 | |||
| Integrys Energy Group, Inc. |
123 | 4,415 | |||
| MDU Resources Group, Inc. |
463 | 9,654 | |||
| NiSource, Inc. |
587 | 8,154 | |||
| NorthWestern Corp. |
102 | 2,492 | |||
| NSTAR |
165 | 5,250 | |||
| OGE Energy Corp. |
250 | 8,270 | |||
| PG&E Corp. |
580 | 23,484 | |||
| Public Service Enterprise Group, Inc. |
768 | 24,146 | |||
| SCANA Corp. |
229 | 7,992 | |||
| Sempra Energy |
563 | 28,043 | |||
| TECO Energy, Inc. |
390 | 5,491 | |||
| Vectren Corp. |
154 | 3,548 | |||
| Wisconsin Energy Corp. |
49 | 2,213 | |||
| Xcel Energy, Inc. |
768 | 14,776 | |||
| Total Multi-Utilities | 255,439 | ||||
| Office Electronics – 0.1% | |||||
| Xerox Corp. |
3,350 | 25,929 | |||
| Zebra Technologies Corp. Class A* |
163 | 4,227 | |||
| Total Office Electronics | 30,156 | ||||
| Oil, Gas & Consumable Fuels – 15.0% | |||||
| Alpha Natural Resources, Inc.* |
258 | 9,056 | |||
| Anadarko Petroleum Corp. |
1,436 | 90,080 | |||
| Apache Corp. |
1,494 | 137,194 | |||
| Arch Coal, Inc. |
593 | 13,123 | |||
| Arena Resources, Inc.* |
84 | 2,982 | |||
| Atlas Energy, Inc. |
340 | 9,201 | |||
| ATP Oil & Gas Corp.*(a) |
356 | 6,369 | |||
| Berry Petroleum Co. Class A |
603 | 16,148 | |||
| Bill Barrett Corp.* |
135 | 4,427 | |||
| Investments | Shares | Value | |||
| Cabot Oil & Gas Corp. |
205 | $ | 7,329 | ||
| Carrizo Oil & Gas, Inc.* |
116 | 2,841 | |||
| Chesapeake Energy Corp. |
2,426 | 68,898 | |||
| Chevron Corp. |
7,759 | 546,466 | |||
| Cimarex Energy Co. |
283 | 12,260 | |||
| Clayton Williams Energy, Inc.* |
67 | 2,018 | |||
| CNX Gas Corp.* |
191 | 5,864 | |||
| Comstock Resources, Inc.* |
100 | 4,008 | |||
| ConocoPhillips |
8,440 | 381,150 | |||
| Consol Energy, Inc. |
199 | 8,977 | |||
| Contango Oil & Gas Co.* |
44 | 2,247 | |||
| Copano Energy LLC |
196 | 3,567 | |||
| Denbury Resources, Inc.* |
1,167 | 17,657 | |||
| Devon Energy Corp. |
1,655 | 111,431 | |||
| El Paso Corp. |
2,938 | 30,320 | |||
| Encore Acquisition Co.* |
239 | 8,939 | |||
| EOG Resources, Inc. |
808 | 67,476 | |||
| Exxon Mobil Corp. |
15,426 | 1,058,378 | |||
| Forest Oil Corp.* |
580 | 11,351 | |||
| Frontier Oil Corp. |
415 | 5,777 | |||
| Gulfport Energy Corp.* |
479 | 4,186 | |||
| Harvest Natural Resources, Inc.* |
370 | 1,898 | |||
| Hess Corp. |
1,442 | 77,089 | |||
| Holly Corp. |
184 | 4,714 | |||
| Marathon Oil Corp. |
3,731 | 119,019 | |||
| Mariner Energy, Inc.* |
814 | 11,542 | |||
| Massey Energy Co. |
356 | 9,929 | |||
| McMoRan Exploration Co.* |
244 | 1,842 | |||
| Murphy Oil Corp. |
885 | 50,949 | |||
| Newfield Exploration Co.* |
453 | 19,280 | |||
| Noble Energy, Inc. |
637 | 42,016 | |||
| NuStar GP Holdings LLC |
139 | 3,447 | |||
| Occidental Petroleum Corp. |
3,184 | 249,626 | |||
| Overseas Shipholding Group, Inc. |
222 | 8,296 | |||
| Patriot Coal Corp.* |
522 | 6,139 | |||
| Peabody Energy Corp. |
874 | 32,530 | |||
| Penn Virginia Corp. |
114 | 2,612 | |||
| PetroHawk Energy Corp.* |
332 | 8,038 | |||
| Petroleum Development Corp.* |
93 | 1,735 | |||
| Pioneer Natural Resources Co. |
509 | 18,472 | |||
| Plains Exploration & Production Co.* |
1,024 | 28,324 | |||
| Quicksilver Resources, Inc.* |
498 | 7,067 | |||
| Range Resources Corp. |
198 | 9,773 | |||
| Southern Union Co. |
394 | 8,191 | |||
| Southwestern Energy Co.* |
460 | 19,633 | |||
| Spectra Energy Corp. |
1,818 | 34,433 | |||
| St. Mary Land & Exploration Co. |
267 | 8,667 | |||
| Stone Energy Corp.* |
615 | 10,031 | |||
| Sunoco, Inc. |
340 | 9,673 | |||
| Swift Energy Co.* |
350 | 8,288 | |||
| Tesoro Corp. |
323 | 4,838 | |||
| Valero Energy Corp. |
2,605 | 50,511 | |||
| W&T Offshore, Inc.(a) |
676 | 7,916 | |||
| Warren Resources, Inc.* |
757 | 2,241 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 21 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Western Refining, Inc.* |
296 | $ | 1,909 | ||
| Whiting Petroleum Corp.* |
214 | 12,322 | |||
| Williams Cos., Inc. (The) |
2,315 | 41,369 | |||
| World Fuel Services Corp. |
136 | 6,537 | |||
| XTO Energy, Inc. |
1,244 | 51,402 | |||
| Total Oil, Gas & Consumable Fuels | 3,642,018 | ||||
| Paper & Forest Products – 0.2% | |||||
| International Paper Co. |
1,619 | 35,991 | |||
| MeadWestvaco Corp. |
114 | 2,543 | |||
| Total Paper & Forest Products | 38,534 | ||||
| Personal Products – 0.3% | |||||
| Alberto-Culver Co. |
158 | 4,374 | |||
| Avon Products, Inc. |
852 | 28,934 | |||
| Bare Escentuals, Inc.* |
608 | 7,229 | |||
| Chattem, Inc.* |
44 | 2,922 | |||
| Estee Lauder Cos., Inc. (The) Class A |
400 | 14,832 | |||
| NBTY, Inc.* |
311 | 12,309 | |||
| Nu Skin Enterprises, Inc. Class A |
156 | 2,891 | |||
| Total Personal Products | 73,491 | ||||
| Pharmaceuticals – 4.6% | |||||
| Abbott Laboratories |
1,963 | 97,110 | |||
| Allergan, Inc. |
377 | 21,398 | |||
| Bristol-Myers Squibb Co. |
2,352 | 52,967 | |||
| Eli Lilly & Co. |
2,063 | 68,141 | |||
| Endo Pharmaceuticals Holdings, Inc.* |
220 | 4,979 | |||
| Forest Laboratories, Inc.* |
838 | 24,671 | |||
| Johnson & Johnson |
4,942 | 300,918 | |||
| King Pharmaceuticals, Inc.* |
652 | 7,022 | |||
| KV Pharmaceutical Co. Class A* |
509 | 1,563 | |||
| Medicis Pharmaceutical Corp. Class A |
122 | 2,605 | |||
| Merck & Co., Inc. |
3,646 | 115,323 | |||
| Perrigo Co. |
126 | 4,283 | |||
| Pfizer, Inc. |
14,559 | 240,951 | |||
| Questcor Pharmaceuticals, Inc.* |
472 | 2,605 | |||
| Sepracor, Inc.* |
840 | 19,236 | |||
| Viropharma, Inc.* |
238 | 2,289 | |||
| Watson Pharmaceuticals, Inc.* |
211 | 7,731 | |||
| Wyeth |
2,782 | 135,150 | |||
| Total Pharmaceuticals | 1,108,942 | ||||
| Professional Services – 0.3% | |||||
| Administaff, Inc. |
97 | 2,548 | |||
| Corporate Executive Board Co. (The) |
110 | 2,739 | |||
| Dun & Bradstreet Corp. |
102 | 7,683 | |||
| Equifax, Inc. |
267 | 7,780 | |||
| First Advantage Corp. Class A* |
142 | 2,634 | |||
| FTI Consulting, Inc.* |
90 | 3,835 | |||
| IHS, Inc. Class A* |
69 | 3,528 | |||
| Korn/Ferry International* |
189 | 2,758 | |||
| Manpower, Inc. |
325 | 18,431 | |||
| Monster Worldwide, Inc.* |
357 | 6,240 | |||
| MPS Group, Inc.* |
335 | 3,524 | |||
| Resources Connection, Inc.* |
124 | 2,115 | |||
| Investments | Shares | Value | |||
| Robert Half International, Inc. |
362 | $ | 9,057 | ||
| TrueBlue, Inc.* |
208 | 2,927 | |||
| Watson Wyatt Worldwide, Inc. Class A |
88 | 3,833 | |||
| Total Professional Services | 79,632 | ||||
| Real Estate Investment Trusts (REITs) – 0.8% | |||||
| Alexander’s, Inc.* |
9 | 2,663 | |||
| Alexandria Real Estate Equities, Inc. |
48 | 2,609 | |||
| AMB Property Corp. |
196 | 4,498 | |||
| AvalonBay Communities, Inc. |
90 | 6,546 | |||
| BioMed Realty Trust, Inc. |
191 | 2,636 | |||
| Boston Properties, Inc. |
121 | 7,932 | |||
| BRE Properties, Inc. |
62 | 1,941 | |||
| Developers Diversified Realty Corp. |
796 | 7,355 | |||
| DiamondRock Hospitality Co.* |
343 | 2,778 | |||
| Duke Realty Corp. |
196 | 2,354 | |||
| Entertainment Properties Trust |
96 | 3,277 | |||
| Equity One, Inc.(a) |
134 | 2,100 | |||
| Equity Residential |
103 | 3,162 | |||
| Federal Realty Investment Trust |
50 | 3,069 | |||
| HCP, Inc. |
181 | 5,202 | |||
| Health Care REIT, Inc. |
99 | 4,120 | |||
| Hospitality Properties Trust |
252 | 5,133 | |||
| Host Hotels & Resorts, Inc. |
1,425 | 16,772 | |||
| Kimco Realty Corp. |
437 | 5,698 | |||
| Liberty Property Trust |
138 | 4,489 | |||
| Macerich Co. (The)(a) |
128 | 3,882 | |||
| Mack-Cali Realty Corp. |
98 | 3,168 | |||
| National Health Investors, Inc. |
75 | 2,374 | |||
| National Retail Properties, Inc. |
175 | 3,757 | |||
| Nationwide Health Properties, Inc. |
125 | 3,874 | |||
| Omega Healthcare Investors, Inc. |
167 | 2,675 | |||
| Plum Creek Timber Co., Inc. |
181 | 5,546 | |||
| Potlatch Corp. |
78 | 2,219 | |||
| Public Storage |
241 | 18,133 | |||
| Rayonier, Inc. |
132 | 5,400 | |||
| Realty Income Corp.(a) |
116 | 2,975 | |||
| Regency Centers Corp. |
91 | 3,372 | |||
| Senior Housing Properties Trust |
200 | 3,822 | |||
| Simon Property Group, Inc. |
197 | 13,678 | |||
| SL Green Realty Corp. |
205 | 8,989 | |||
| Ventas, Inc. |
155 | 5,968 | |||
| Vornado Realty Trust |
170 | 10,950 | |||
| Weingarten Realty Investors |
145 | 2,888 | |||
| Total Real Estate Investment Trusts (REITs) | 198,004 | ||||
| Real Estate Management & Development – 0.1% | |||||
| CB Richard Ellis Group, Inc. Class A* |
1,080 | 12,679 | |||
| Jones Lang LaSalle, Inc. |
131 | 6,206 | |||
| Total Real Estate Management & Development | 18,885 | ||||
| Road & Rail – 1.0% | |||||
| Arkansas Best Corp. |
67 | 2,006 | |||
| Burlington Northern Santa Fe Corp. |
652 | 52,049 | |||
See Notes to Financial Statements.
| 22 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Con-way, Inc. |
138 | $ | 5,288 | ||
| CSX Corp. |
990 | 41,442 | |||
| Genesee & Wyoming, Inc. Class A* |
64 | 1,941 | |||
| Heartland Express, Inc. |
126 | 1,814 | |||
| Hertz Global Holdings, Inc.*(a) |
743 | 8,047 | |||
| JB Hunt Transport Services, Inc. |
194 | 6,233 | |||
| Kansas City Southern* |
232 | 6,146 | |||
| Knight Transportation, Inc. |
104 | 1,745 | |||
| Landstar System, Inc. |
82 | 3,121 | |||
| Norfolk Southern Corp. |
771 | 33,238 | |||
| Old Dominion Freight Line, Inc.* |
91 | 2,769 | |||
| Ryder System, Inc. |
154 | 6,015 | |||
| Union Pacific Corp. |
1,021 | 59,575 | |||
| Werner Enterprises, Inc. |
108 | 2,012 | |||
| Total Road & Rail | 233,441 | ||||
| Semiconductors & Semiconductor Equipment – 2.5% | |||||
| Altera Corp. |
532 | 10,911 | |||
| Analog Devices, Inc. |
651 | 17,955 | |||
| Applied Materials, Inc. |
2,099 | 28,127 | |||
| Broadcom Corp. Class A* |
625 | 19,181 | |||
| Cymer, Inc.* |
129 | 5,013 | |||
| Fairchild Semiconductor International, Inc.* |
508 | 5,197 | |||
| Hittite Microwave Corp.* |
121 | 4,450 | |||
| Integrated Device Technology, Inc.* |
321 | 2,170 | |||
| Intel Corp. |
11,976 | 234,370 | |||
| Intersil Corp. Class A |
488 | 7,471 | |||
| KLA-Tencor Corp. |
351 | 12,587 | |||
| Lam Research Corp.* |
326 | 11,136 | |||
| Linear Technology Corp. |
432 | 11,936 | |||
| Maxim Integrated Products, Inc.* |
627 | 11,374 | |||
| MEMC Electronic Materials, Inc. |
1,228 | 20,422 | |||
| Microchip Technology, Inc. |
392 | 10,388 | |||
| Microsemi Corp.* |
157 | 2,479 | |||
| MKS Instruments, Inc.* |
131 | 2,527 | |||
| National Semiconductor Corp. |
902 | 12,872 | |||
| Novellus Systems, Inc.* |
164 | 3,441 | |||
| Nvidia Corp.* |
1,095 | 16,458 | |||
| Omnivision Technologies, Inc.* |
397 | 6,463 | |||
| ON Semiconductor Corp.* |
1,490 | 12,292 | |||
| PMC – Sierra, Inc.* |
803 | 7,677 | |||
| Sigma Designs, Inc.* |
281 | 4,083 | |||
| Skyworks Solutions, Inc.* |
614 | 8,129 | |||
| Texas Instruments, Inc. |
3,953 | 93,647 | |||
| Varian Semiconductor Equipment Associates, Inc.* |
178 | 5,845 | |||
| Xilinx, Inc. |
557 | 13,045 | |||
| Total Semiconductors & Semiconductor Equipment | 601,646 | ||||
| Software – 3.9% | |||||
| Adobe Systems, Inc.* |
921 | 30,430 | |||
| Ansys, Inc.* |
114 | 4,272 | |||
| Autodesk, Inc.* |
501 | 11,924 | |||
| Investments | Shares | Value | |||
| BMC Software, Inc.* |
244 | $ | 9,157 | ||
| CA, Inc. |
853 | 18,757 | |||
| Cadence Design Systems, Inc.* |
1,406 | 10,320 | |||
| Citrix Systems, Inc.* |
196 | 7,689 | |||
| Compuware Corp.* |
622 | 4,559 | |||
| FactSet Research Systems, Inc. |
86 | 5,697 | |||
| Fair Isaac Corp. |
168 | 3,610 | |||
| Informatica Corp.* |
154 | 3,477 | |||
| Intuit, Inc.* |
447 | 12,739 | |||
| Jack Henry & Associates, Inc. |
164 | 3,849 | |||
| McAfee, Inc.* |
121 | 5,299 | |||
| Micros Systems, Inc.* |
195 | 5,887 | |||
| Microsoft Corp. |
22,664 | 586,771 | |||
| Net 1 UEPS Technologies, Inc.* |
229 | 4,800 | |||
| Oracle Corp. |
7,775 | 162,031 | |||
| Parametric Technology Corp.* |
229 | 3,165 | |||
| Progress Software Corp.* |
104 | 2,356 | |||
| Red Hat, Inc.* |
206 | 5,694 | |||
| Sybase, Inc.* |
198 | 7,702 | |||
| Symantec Corp.* |
1,220 | 20,093 | |||
| Synopsys, Inc.* |
265 | 5,941 | |||
| Take-Two Interactive Software, Inc.* |
274 | 3,072 | |||
| TIBCO Software, Inc.* |
347 | 3,293 | |||
| VMware, Inc. Class A* |
280 | 11,248 | |||
| Total Software | 953,832 | ||||
| Specialty Retail – 2.3% | |||||
| Aaron’s, Inc.(a) |
97 | 2,561 | |||
| Abercrombie & Fitch Co. Class A |
438 | 14,402 | |||
| Advance Auto Parts, Inc. |
179 | 7,031 | |||
| Aeropostale, Inc.* |
217 | 9,433 | |||
| American Eagle Outfitters, Inc. |
669 | 11,279 | |||
| Autozone, Inc.* |
109 | 15,938 | |||
| Barnes & Noble, Inc.(a) |
180 | 4,000 | |||
| bebe Stores, Inc. |
237 | 1,744 | |||
| Bed Bath & Beyond, Inc.* |
462 | 17,344 | |||
| Best Buy Co., Inc. |
1,096 | 41,122 | |||
| Buckle, Inc. (The)(a) |
138 | 4,711 | |||
| Cabela’s, Inc.*(a) |
310 | 4,135 | |||
| Carmax, Inc.* |
336 | 7,022 | |||
| Collective Brands, Inc.* |
177 | 3,067 | |||
| Dick’s Sporting Goods, Inc.* |
257 | 5,757 | |||
| Dress Barn, Inc.*(a) |
220 | 3,945 | |||
| Foot Locker, Inc. |
394 | 4,708 | |||
| GameStop Corp. Class A* |
343 | 9,079 | |||
| Gap, Inc. (The) |
1,624 | 34,754 | |||
| Guess ?, Inc. |
357 | 13,223 | |||
| Gymboree Corp.* |
110 | 5,322 | |||
| Home Depot, Inc. |
2,798 | 74,539 | |||
| J Crew Group, Inc.* |
249 | 8,919 | |||
| JOS A Bank Clothiers, Inc.* |
70 | 3,134 | |||
| Lowe’s Cos., Inc. |
2,483 | 51,994 | |||
| Ltd. Brands, Inc. |
1,334 | 22,665 | |||
| Men’s Wearhouse, Inc. (The) |
158 | 3,903 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 23 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Office Depot, Inc.* |
774 | $ | 5,124 | ||
| O’Reilly Automotive, Inc.* |
149 | 5,385 | |||
| Penske Auto Group, Inc. |
434 | 8,324 | |||
| PetSmart, Inc. |
263 | 5,720 | |||
| RadioShack Corp. |
490 | 8,119 | |||
| Rent-A-Center, Inc.* |
199 | 3,757 | |||
| Ross Stores, Inc. |
251 | 11,990 | |||
| Sally Beauty Holdings, Inc.* |
445 | 3,164 | |||
| Sherwin-Williams Co. (The) |
214 | 12,874 | |||
| Sonic Automotive, Inc. Class A |
384 | 4,032 | |||
| Staples, Inc. |
1,220 | 28,328 | |||
| Systemax, Inc.* |
204 | 2,475 | |||
| Tiffany & Co. |
295 | 11,366 | |||
| TJX Cos., Inc. |
1,018 | 37,819 | |||
| Tractor Supply Co.* |
66 | 3,196 | |||
| Urban Outfitters, Inc.* |
242 | 7,301 | |||
| Williams-Sonoma, Inc. |
522 | 10,560 | |||
| Total Specialty Retail | 555,265 | ||||
| Textiles, Apparel & Luxury Goods – 0.7% | |||||
| Carter’s, Inc.* |
128 | 3,418 | |||
| Coach, Inc. |
814 | 26,797 | |||
| Columbia Sportswear Co.(a) |
90 | 3,704 | |||
| Deckers Outdoor Corp.* |
35 | 2,970 | |||
| Fossil, Inc.* |
266 | 7,568 | |||
| Hanesbrands, Inc.* |
318 | 6,805 | |||
| Iconix Brand Group, Inc.* |
209 | 2,606 | |||
| Movado Group, Inc. |
214 | 3,109 | |||
| NIKE, Inc. Class B |
792 | 51,242 | |||
| Phillips-Van Heusen Corp. |
207 | 8,857 | |||
| Polo Ralph Lauren Corp. |
239 | 18,312 | |||
| Quiksilver, Inc.* |
1,349 | 3,710 | |||
| Skechers U.S.A., Inc. Class A* |
206 | 3,531 | |||
| Timberland Co. Class A* |
155 | 2,158 | |||
| Under Armour, Inc. Class A*(a) |
72 | 2,004 | |||
| UniFirst Corp. |
71 | 3,156 | |||
| VF Corp. |
269 | 19,484 | |||
| Warnaco Group, Inc. (The)* |
121 | 5,307 | |||
| Wolverine World Wide, Inc. |
123 | 3,055 | |||
| Total Textiles, Apparel & Luxury Goods | 177,793 | ||||
| Thrifts & Mortgage Finance – 0.1% | |||||
| Astoria Financial Corp. |
139 | 1,535 | |||
| Capitol Federal Financial |
56 | 1,844 | |||
| First Niagara Financial Group, Inc. |
179 | 2,207 | |||
| Hudson City Bancorp, Inc. |
630 | 8,284 | |||
| Northwest Bancorp, Inc. |
99 | 2,261 | |||
| People’s United Financial, Inc. |
239 | 3,719 | |||
| TFS Financial Corp. |
169 | 2,011 | |||
| Washington Federal, Inc. |
121 | 2,040 | |||
| Total Thrifts & Mortgage Finance | 23,901 | ||||
| Tobacco – 1.5% | |||||
| Altria Group, Inc. |
6,641 | 118,276 | |||
| Lorillard, Inc. |
337 | 25,039 | |||
| Investments | Shares | Value | |||
| Philip Morris International, Inc. |
3,967 | $ | 193,352 | ||
| Reynolds American, Inc. |
718 | 31,965 | |||
| Universal Corp. |
95 | 3,973 | |||
| Vector Group Ltd.(a) |
172 | 2,680 | |||
| Total Tobacco | 375,285 | ||||
| Trading Companies & Distributors – 0.2% | |||||
| Applied Industrial Technologies, Inc. |
149 | 3,153 | |||
| Fastenal Co. |
207 | 8,011 | |||
| GATX Corp. |
181 | 5,059 | |||
| H&E Equipment Services, Inc.* |
271 | 3,070 | |||
| Interline Brands, Inc.* |
164 | 2,763 | |||
| MSC Industrial Direct Co. Class A |
149 | 6,493 | |||
| RSC Holdings, Inc.* |
516 | 3,751 | |||
| TAL International Group, Inc.(a) |
140 | 1,991 | |||
| W.W. Grainger, Inc. |
154 | 13,762 | |||
| Watsco, Inc. |
59 | 3,181 | |||
| WESCO International, Inc.* |
319 | 9,187 | |||
| Total Trading Companies & Distributors | 60,421 | ||||
| Water Utilities – 0.0% | |||||
| Aqua America, Inc.(a) |
153 | 2,699 | |||
| Wireless Telecommunication Services – 0.2% | |||||
| American Tower Corp. Class A* |
135 | 4,914 | |||
| MetroPCS Communications, Inc.* |
182 | 1,704 | |||
| NII Holdings, Inc.* |
653 | 19,577 | |||
| Syniverse Holdings, Inc.* |
259 | 4,532 | |||
| Telephone & Data Systems, Inc. |
294 | 9,117 | |||
| United States Cellular Corp.* |
190 | 7,423 | |||
| Total Wireless Telecommunication Services | 47,267 | ||||
| TOTAL COMMON STOCKS (Cost: $26,577,015) |
24,261,974 | ||||
See Notes to Financial Statements.
| 24 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Total Earnings Fund
September 30, 2009
| Investments | Shares | Value | ||||
| SHORT-TERM INVESTMENT – 0.2% | ||||||
| MONEY MARKET FUND – 0.2% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $54,799) |
54,799 | $ | 54,799 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.0% | ||||||
| MONEY MARKET FUND – 1.0% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $236,002)(d) |
236,002 | 236,002 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 100.9% (Cost: $26,867,816)(e) |
24,552,775 | |||||
| Liabilities in Excess of Other Assets – (0.9)% |
(213,686 | ) | ||||
| NET ASSETS – 100.0% | $ | 24,339,089 | ||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $228,267 and the total market value of the collateral held by the Fund was $236,002. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 25 |
Table of Contents
Schedule of Investments (unaudited)
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.8% | |||||
| Aerospace & Defense – 3.2% | |||||
| Alliant Techsystems, Inc.* |
135 | $ | 10,510 | ||
| Boeing Co. (The) |
5,925 | 320,839 | |||
| General Dynamics Corp. |
2,653 | 171,384 | |||
| Goodrich Corp. |
1,107 | 60,154 | |||
| Honeywell International, Inc. |
4,554 | 169,181 | |||
| ITT Corp. |
988 | 51,524 | |||
| L-3 Communications Holdings, Inc. |
691 | 55,501 | |||
| Lockheed Martin Corp. |
2,411 | 188,251 | |||
| Northrop Grumman Corp. |
2,071 | 107,174 | |||
| Precision Castparts Corp. |
1,123 | 114,400 | |||
| Raytheon Co. |
2,554 | 122,515 | |||
| Rockwell Collins, Inc. |
1,123 | 57,049 | |||
| United Technologies Corp. |
5,453 | 332,251 | |||
| Total Aerospace & Defense | 1,760,733 | ||||
| Air Freight & Logistics – 0.2% | |||||
| C.H. Robinson Worldwide, Inc. |
425 | 24,544 | |||
| Expeditors International Washington, Inc. |
548 | 19,262 | |||
| FedEx Corp. |
1,083 | 81,463 | |||
| Total Air Freight & Logistics | 125,269 | ||||
| Airlines – 0.0% | |||||
| Southwest Airlines Co. |
2,561 | 24,586 | |||
| Auto Components – 0.2% | |||||
| BorgWarner, Inc. |
719 | 21,757 | |||
| Johnson Controls, Inc. |
3,453 | 88,259 | |||
| Total Auto Components | 110,016 | ||||
| Automobiles – 0.1% | |||||
| Harley-Davidson, Inc.(a) |
2,841 | 65,343 | |||
| Beverages – 1.9% | |||||
| Brown-Forman Corp. Class B |
525 | 25,316 | |||
| Coca-Cola Co. (The) |
8,272 | 444,206 | |||
| Coca-Cola Enterprises, Inc. |
3,334 | 71,381 | |||
| Constellation Brands, Inc. Class A* |
584 | 8,848 | |||
| Dr. Pepper Snapple Group, Inc.* |
1,536 | 44,160 | |||
| Hansen Natural Corp.* |
285 | 10,471 | |||
| Molson Coors Brewing Co. Class B |
534 | 25,995 | |||
| Pepsi Bottling Group, Inc. |
1,514 | 55,170 | |||
| PepsiCo, Inc. |
6,509 | 381,818 | |||
| Total Beverages | 1,067,365 | ||||
| Biotechnology – 0.9% | |||||
| Amgen, Inc.* |
4,555 | 274,348 | |||
| Biogen Idec, Inc.* |
1,064 | 53,753 | |||
| Cephalon, Inc.* |
177 | 10,308 | |||
| Genzyme Corp.* |
364 | 20,650 | |||
| Gilead Sciences, Inc.* |
2,297 | 106,994 | |||
| Myriad Genetics, Inc.* |
85 | 2,329 | |||
| Myriad Pharmaceuticals, Inc.* |
21 | 123 | |||
| Total Biotechnology | 468,505 | ||||
| Building Products – 0.0% | |||||
| Masco Corp. |
1,242 | 16,047 | |||
| Investments | Shares | Value | |||
| Capital Markets – 3.5% | |||||
| Ameriprise Financial, Inc. |
1,668 | $ | 60,598 | ||
| Bank of New York Mellon Corp. (The) |
4,682 | 135,731 | |||
| BlackRock, Inc. |
495 | 107,326 | |||
| Charles Schwab Corp. (The) |
4,958 | 94,946 | |||
| Franklin Resources, Inc. |
1,558 | 156,735 | |||
| Goldman Sachs Group, Inc. (The) |
5,759 | 1,061,672 | |||
| Northern Trust Corp. |
835 | 48,564 | |||
| Raymond James Financial, Inc. |
764 | 17,786 | |||
| SEI Investments Co. |
765 | 15,055 | |||
| State Street Corp. |
2,441 | 128,396 | |||
| T. Rowe Price Group, Inc. |
1,213 | 55,434 | |||
| TD Ameritrade Holding Corp.* |
3,852 | 75,576 | |||
| Total Capital Markets | 1,957,819 | ||||
| Chemicals – 2.3% | |||||
| Air Products & Chemicals, Inc. |
1,434 | 111,250 | |||
| Airgas, Inc. |
430 | 20,799 | |||
| CF Industries Holdings, Inc. |
824 | 71,054 | |||
| Dow Chemical Co. (The) |
7,627 | 198,836 | |||
| E.I. Du Pont de Nemours & Co. |
7,086 | 227,744 | |||
| Ecolab, Inc. |
789 | 36,475 | |||
| FMC Corp. |
385 | 21,656 | |||
| Monsanto Co. |
1,622 | 125,543 | |||
| Mosaic Co. (The) |
5,512 | 264,962 | |||
| PPG Industries, Inc. |
1,056 | 61,470 | |||
| Praxair, Inc. |
1,402 | 114,529 | |||
| Sigma-Aldrich Corp. |
496 | 26,774 | |||
| Total Chemicals | 1,281,092 | ||||
| Commercial Banks – 1.8% | |||||
| Associated Banc-Corp. |
672 | 7,674 | |||
| BB&T Corp. |
3,632 | 98,936 | |||
| BOK Financial Corp.(a) |
242 | 11,209 | |||
| Comerica, Inc. |
1,023 | 30,352 | |||
| Commerce Bancshares, Inc. |
298 | 11,098 | |||
| Cullen/Frost Bankers, Inc. |
257 | 13,272 | |||
| Fifth Third Bancorp |
360 | 3,647 | |||
| Huntington Bancshares, Inc. |
479 | 2,256 | |||
| M&T Bank Corp. |
526 | 32,780 | |||
| PNC Financial Services Group, Inc. |
1,825 | 88,677 | |||
| Regions Financial Corp. |
5,303 | 32,932 | |||
| SunTrust Banks, Inc. |
1,972 | 44,469 | |||
| Synovus Financial Corp. |
1,163 | 4,361 | |||
| U.S. Bancorp |
8,897 | 194,488 | |||
| Valley National Bancorp(a) |
371 | 4,560 | |||
| Wells Fargo & Co. |
13,838 | 389,955 | |||
| Zions Bancorp. |
584 | 10,494 | |||
| Total Commercial Banks | 981,160 | ||||
| Commercial Services & Supplies – 0.4% | |||||
| Avery Dennison Corp. |
541 | 19,481 | |||
| Cintas Corp. |
1,059 | 32,098 | |||
| Covanta Holding Corp.* |
476 | 8,092 | |||
| Iron Mountain, Inc.* |
328 | 8,744 | |||
See Notes to Financial Statements.
| 26 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Earnings 500 Fund
September 30, 2009
| Investments | Shares | Value | |||
| Pitney Bowes, Inc. |
716 | $ | 17,793 | ||
| R.R. Donnelley & Sons Co. |
2,668 | 56,722 | |||
| Republic Services, Inc. |
775 | 20,592 | |||
| Stericycle, Inc.* |
161 | 7,800 | |||
| Waste Management, Inc. |
2,297 | 68,497 | |||
| Total Commercial Services & Supplies | 239,819 | ||||
| Communications Equipment – 1.9% | |||||
| Cisco Systems, Inc.* |
29,997 | 706,129 | |||
| Harris Corp. |
764 | 28,726 | |||
| Harris Stratex Networks, Inc. Class A* |
189 | 1,323 | |||
| Juniper Networks, Inc.* |
1,837 | 49,636 | |||
| QUALCOMM, Inc. |
6,076 | 273,299 | |||
| Total Communications Equipment | 1,059,113 | ||||
| Computers & Peripherals – 5.3% | |||||
| Apple, Inc.* |
3,326 | 616,541 | |||
| Dell, Inc.* |
14,991 | 228,763 | |||
| EMC Corp.* |
8,898 | 151,622 | |||
| Hewlett-Packard Co. |
14,041 | 662,876 | |||
| International Business Machines Corp. |
8,548 | 1,022,426 | |||
| NetApp, Inc.* |
1,327 | 35,404 | |||
| Western Digital Corp.* |
5,019 | 183,344 | |||
| Total Computers & Peripherals | 2,900,976 | ||||
| Construction & Engineering – 0.2% | |||||
| Aecom Technology Corp.* |
296 | 8,034 | |||
| Fluor Corp. |
1,038 | 52,782 | |||
| Jacobs Engineering Group, Inc.* |
515 | 23,664 | |||
| Quanta Services, Inc.* |
491 | 10,866 | |||
| URS Corp.* |
285 | 12,440 | |||
| Total Construction & Engineering | 107,786 | ||||
| Construction Materials – 0.0% | |||||
| Martin Marietta Materials, Inc. |
122 | 11,233 | |||
| Vulcan Materials Co. |
214 | 11,571 | |||
| Total Construction Materials | 22,804 | ||||
| Consumer Finance – 0.8% | |||||
| American Express Co. |
7,871 | 266,827 | |||
| Capital One Financial Corp. |
3,508 | 125,341 | |||
| Discover Financial Services |
4,083 | 66,267 | |||
| Total Consumer Finance | 458,435 | ||||
| Containers & Packaging – 0.3% | |||||
| Ball Corp. |
486 | 23,911 | |||
| Bemis Co., Inc. |
405 | 10,493 | |||
| Crown Holdings, Inc.* |
2,140 | 58,208 | |||
| Owens-Illinois, Inc.* |
1,154 | 42,583 | |||
| Pactiv Corp.* |
433 | 11,280 | |||
| Total Containers & Packaging | 146,475 | ||||
| Distributors – 0.1% | |||||
| Genuine Parts Co. |
831 | 31,628 | |||
| Diversified Consumer Services – 0.1% | |||||
| Apollo Group, Inc. Class A* |
388 | 28,584 | |||
| DeVry, Inc. |
143 | 7,911 | |||
| Investments | Shares | Value | |||
| H&R Block, Inc. |
1,238 | $ | 22,754 | ||
| ITT Educational Services, Inc.* |
130 | 14,353 | |||
| Strayer Education, Inc. |
17 | 3,701 | |||
| Total Diversified Consumer Services | 77,303 | ||||
| Diversified Financial Services – 2.3% | |||||
| Bank of America Corp. |
22,400 | 379,008 | |||
| CME Group, Inc. |
234 | 72,116 | |||
| IntercontinentalExchange, Inc.* |
234 | 22,743 | |||
| JPMorgan Chase & Co. |
14,734 | 645,644 | |||
| Leucadia National Corp.* |
1,842 | 45,534 | |||
| Moody’s Corp. |
1,416 | 28,971 | |||
| NASDAQ OMX Group (The)* |
884 | 18,608 | |||
| NYSE Euronext |
1,841 | 53,187 | |||
| Total Diversified Financial Services | 1,265,811 | ||||
| Diversified Telecommunication Services – 2.3% | |||||
| AT&T, Inc. |
27,274 | 736,671 | |||
| CenturyTel, Inc. |
2,759 | 92,702 | |||
| Frontier Communications Corp. |
1,385 | 10,443 | |||
| Qwest Communications International, Inc. |
12,983 | 49,465 | |||
| Verizon Communications, Inc. |
11,215 | 339,478 | |||
| Windstream Corp. |
3,278 | 33,206 | |||
| Total Diversified Telecommunication Services | 1,261,965 | ||||
| Electric Utilities – 1.6% | |||||
| Allegheny Energy, Inc. |
908 | 24,080 | |||
| American Electric Power Co., Inc. |
2,324 | 72,021 | |||
| Duke Energy Corp. |
5,607 | 88,254 | |||
| Edison International |
2,358 | 79,182 | |||
| Entergy Corp. |
993 | 79,301 | |||
| Exelon Corp. |
2,991 | 148,413 | |||
| FirstEnergy Corp. |
1,386 | 63,368 | |||
| FPL Group, Inc. |
1,781 | 98,365 | |||
| Northeast Utilities |
725 | 17,211 | |||
| Pepco Holdings, Inc. |
1,311 | 19,508 | |||
| Pinnacle West Capital Corp. |
623 | 20,447 | |||
| PPL Corp. |
1,856 | 56,311 | |||
| Progress Energy, Inc. |
1,213 | 47,380 | |||
| Southern Co. (The) |
3,014 | 95,453 | |||
| Total Electric Utilities | 909,294 | ||||
| Electrical Equipment – 0.5% | |||||
| Ametek, Inc. |
525 | 18,328 | |||
| Emerson Electric Co. |
4,416 | 176,993 | |||
| First Solar, Inc.*(a) |
115 | 17,579 | |||
| Rockwell Automation, Inc. |
1,124 | 47,882 | |||
| Roper Industries, Inc. |
418 | 21,310 | |||
| Sunpower Corp. Class A*(a) |
102 | 3,049 | |||
| Total Electrical Equipment | 285,141 | ||||
| Electronic Equipment, Instruments & Components –1.3% | |||||
| Agilent Technologies, Inc.* |
2,618 | 72,859 | |||
| Amphenol Corp. Class A |
1,140 | 42,955 | |||
| Corning, Inc. |
38,666 | 591,976 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 27 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Earnings 500 Fund
September 30, 2009
| Investments | Shares | Value | |||
| Dolby Laboratories, Inc. Class A* |
371 | $ | 14,169 | ||
| FLIR Systems, Inc.* |
434 | 12,139 | |||
| Total Electronic Equipment, Instruments & Components | 734,098 | ||||
| Energy Equipment & Services – 2.0% | |||||
| Baker Hughes, Inc. |
3,365 | 143,551 | |||
| BJ Services Co. |
3,259 | 63,322 | |||
| Cameron International Corp.* |
1,836 | 69,438 | |||
| Diamond Offshore Drilling, Inc.(a) |
1,238 | 118,254 | |||
| ENSCO International, Inc. |
2,531 | 107,669 | |||
| FMC Technologies, Inc.* |
917 | 47,904 | |||
| Halliburton Co. |
6,589 | 178,694 | |||
| Helmerich & Payne, Inc. |
1,293 | 51,112 | |||
| National Oilwell Varco, Inc.* |
4,628 | 199,606 | |||
| Pride International, Inc.* |
2,237 | 68,094 | |||
| Seahawk Drilling, Inc.*(a) |
149 | 4,632 | |||
| Smith International, Inc. |
1,995 | 57,256 | |||
| Total Energy Equipment & Services | 1,109,532 | ||||
| Food & Staples Retailing – 2.7% | |||||
| Costco Wholesale Corp. |
1,463 | 82,601 | |||
| CVS Caremark Corp. |
7,383 | 263,869 | |||
| Kroger Co. (The) |
2,944 | 60,764 | |||
| Safeway, Inc. |
2,254 | 44,449 | |||
| SUPERVALU, Inc. |
2,523 | 37,996 | |||
| Sysco Corp. |
2,832 | 70,375 | |||
| Walgreen Co. |
5,105 | 191,284 | |||
| Wal-Mart Stores, Inc. |
15,056 | 739,099 | |||
| Total Food & Staples Retailing | 1,490,437 | ||||
| Food Products – 1.3% | |||||
| Archer-Daniels-Midland Co. |
5,231 | 152,850 | |||
| Campbell Soup Co. |
1,417 | 46,223 | |||
| ConAgra Foods, Inc. |
1,881 | 40,780 | |||
| General Mills, Inc. |
1,154 | 74,295 | |||
| H.J. Heinz Co. |
1,404 | 55,809 | |||
| Hershey Co. (The) |
530 | 20,596 | |||
| Hormel Foods Corp. |
577 | 20,495 | |||
| J.M. Smucker Co. (The) |
241 | 12,775 | |||
| Kellogg Co. |
1,666 | 82,017 | |||
| Kraft Foods, Inc. Class A |
5,744 | 150,895 | |||
| McCormick & Co., Inc. |
525 | 17,818 | |||
| Sara Lee Corp. |
3,928 | 43,758 | |||
| Tyson Foods, Inc. Class A |
519 | 6,555 | |||
| Total Food Products | 724,866 | ||||
| Gas Utilities – 0.2% | |||||
| EQT Corp. |
539 | 22,961 | |||
| National Fuel Gas Co. |
544 | 24,921 | |||
| Oneok, Inc. |
768 | 28,124 | |||
| Questar Corp. |
1,265 | 47,514 | |||
| Total Gas Utilities | 123,520 | ||||
| Health Care Equipment & Supplies – 1.5% | |||||
| Baxter International, Inc. |
2,315 | 131,978 | |||
| Beckman Coulter, Inc. |
210 | 14,478 | |||
| Investments | Shares | Value | |||
| Becton Dickinson & Co. |
1,043 | $ | 72,749 | ||
| Boston Scientific Corp.* |
4,430 | 46,914 | |||
| C.R. Bard, Inc. |
270 | 21,225 | |||
| Carefusion Corp.* |
1,173 | 25,572 | |||
| DENTSPLY International, Inc. |
684 | 23,625 | |||
| Edwards Lifesciences Corp.* |
130 | 9,088 | |||
| Hospira, Inc.* |
644 | 28,723 | |||
| Intuitive Surgical, Inc.* |
89 | 23,340 | |||
| Medtronic, Inc. |
5,165 | 190,072 | |||
| Resmed, Inc.* |
182 | 8,226 | |||
| St. Jude Medical, Inc.* |
1,340 | 52,273 | |||
| Stryker Corp. |
1,810 | 82,228 | |||
| Varian Medical Systems, Inc.* |
474 | 19,970 | |||
| Zimmer Holdings, Inc.* |
1,434 | 76,647 | |||
| Total Health Care Equipment & Supplies | 827,108 | ||||
| Health Care Providers & Services – 2.2% | |||||
| Aetna, Inc. |
4,212 | 117,220 | |||
| AmerisourceBergen Corp. |
1,797 | 40,217 | |||
| Cardinal Health, Inc. |
2,346 | 62,873 | |||
| Cigna Corp. |
3,544 | 99,551 | |||
| DaVita, Inc.* |
410 | 23,222 | |||
| Express Scripts, Inc.* |
772 | 59,892 | |||
| Henry Schein, Inc.* |
477 | 26,192 | |||
| Humana, Inc.* |
1,256 | 46,849 | |||
| Laboratory Corp. of America Holdings* |
438 | 28,777 | |||
| McKesson Corp. |
1,726 | 102,783 | |||
| Medco Health Solutions, Inc.* |
1,501 | 83,020 | |||
| Omnicare, Inc. |
446 | 10,044 | |||
| Quest Diagnostics, Inc. |
723 | 37,733 | |||
| UnitedHealth Group, Inc. |
9,058 | 226,812 | |||
| WellPoint, Inc.* |
4,936 | 233,769 | |||
| Total Health Care Providers & Services | 1,198,954 | ||||
| Health Care Technology – 0.0% | |||||
| Cerner Corp.* |
235 | 17,578 | |||
| Hotels, Restaurants & Leisure – 1.1% | |||||
| Burger King Holdings, Inc. |
581 | 10,220 | |||
| Darden Restaurants, Inc. |
884 | 30,171 | |||
| International Game Technology |
1,776 | 38,149 | |||
| Marriott International, Inc. Class A |
2,029 | 55,980 | |||
| McDonald’s Corp. |
4,505 | 257,100 | |||
| MGM Mirage* |
1,737 | 20,913 | |||
| Starbucks Corp.* |
1,998 | 41,259 | |||
| Starwood Hotels & Resorts Worldwide, Inc. |
1,542 | 50,932 | |||
| Wynn Resorts Ltd.* |
673 | 47,709 | |||
| Yum! Brands, Inc. |
1,905 | 64,313 | |||
| Total Hotels, Restaurants & Leisure | 616,746 | ||||
| Household Durables – 0.3% | |||||
| Black & Decker Corp. |
633 | 29,302 | |||
| Fortune Brands, Inc. |
1,160 | 49,857 | |||
| Newell Rubbermaid, Inc. |
1,894 | 29,717 | |||
| Whirlpool Corp. |
738 | 51,630 | |||
| Total Household Durables | 160,506 | ||||
See Notes to Financial Statements.
| 28 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Earnings 500 Fund
September 30, 2009
| Investments | Shares | Value | |||
| Household Products – 1.8% | |||||
| Church & Dwight Co., Inc. |
186 | $ | 10,554 | ||
| Clorox Co. |
596 | 35,057 | |||
| Colgate-Palmolive Co. |
1,843 | 140,584 | |||
| Energizer Holdings, Inc.* |
475 | 31,511 | |||
| Kimberly-Clark Corp. |
2,170 | 127,986 | |||
| Procter & Gamble Co. (The) |
11,292 | 654,033 | |||
| Total Household Products | 999,725 | ||||
| Independent Power Producers & Energy Traders – 0.4% | |||||
| AES Corp. (The)* |
5,366 | 79,524 | |||
| Constellation Energy Group, Inc. |
812 | 26,285 | |||
| Mirant Corp.* |
1,856 | 30,494 | |||
| NRG Energy, Inc.* |
2,312 | 65,175 | |||
| Total Independent Power Producers & Energy Traders | 201,478 | ||||
| Industrial Conglomerates – 2.9% | |||||
| 3M Co. |
4,047 | 298,669 | |||
| General Electric Co. |
75,259 | 1,235,753 | |||
| Textron, Inc. |
3,775 | 71,649 | |||
| Total Industrial Conglomerates | 1,606,071 | ||||
| Insurance – 4.4% | |||||
| Allstate Corp. (The) |
4,584 | 140,362 | |||
| American Family Life Assurance Co., Inc. |
2,466 | 105,397 | |||
| AON Corp. |
869 | 35,360 | |||
| Assurant, Inc. |
1,429 | 45,814 | |||
| Berkshire Hathaway, Inc. Class B* |
136 | 451,928 | |||
| Brown & Brown, Inc. |
514 | 9,848 | |||
| Chubb Corp. |
2,657 | 133,939 | |||
| Cincinnati Financial Corp. |
885 | 23,001 | |||
| CNA Financial Corp.* |
3,194 | 77,103 | |||
| HCC Insurance Holdings, Inc. |
827 | 22,618 | |||
| Lincoln National Corp. |
3,853 | 99,831 | |||
| Loews Corp. |
3,790 | 129,807 | |||
| Markel Corp.* |
54 | 17,810 | |||
| Marsh & McLennan Cos., Inc. |
922 | 22,801 | |||
| Metlife, Inc. |
6,409 | 243,991 | |||
| Odyssey Re Holdings Corp. |
154 | 9,981 | |||
| Principal Financial Group, Inc. |
2,910 | 79,705 | |||
| Progressive Corp. (The)* |
3,862 | 64,032 | |||
| Prudential Financial, Inc. |
5,082 | 253,643 | |||
| Reinsurance Group of America, Inc. |
846 | 37,731 | |||
| Torchmark Corp. |
758 | 32,920 | |||
| Transatlantic Holdings, Inc. |
634 | 31,808 | |||
| Travelers Cos., Inc. (The) |
4,808 | 236,698 | |||
| Unum Group |
3,088 | 66,207 | |||
| W.R. Berkley Corp. |
1,214 | 30,690 | |||
| Total Insurance | 2,403,025 | ||||
| Internet & Catalog Retail – 0.2% | |||||
| Amazon.com, Inc.* |
695 | 64,885 | |||
| priceline.com, Inc.*(a) |
166 | 27,526 | |||
| Total Internet & Catalog Retail | 92,411 | ||||
| Investments | Shares | Value | |||
| Internet Software & Services – 1.3% | |||||
| eBay, Inc.* |
8,399 | $ | 198,300 | ||
| Google, Inc. Class A* |
1,003 | 497,338 | |||
| VeriSign, Inc.* |
63 | 1,493 | |||
| Yahoo!, Inc.* |
2,625 | 46,751 | |||
| Total Internet Software & Services | 743,882 | ||||
| IT Services – 1.3% | |||||
| Affiliated Computer Services, Inc. Class A* |
516 | 27,952 | |||
| Alliance Data Systems Corp.*(a) |
316 | 19,301 | |||
| Automatic Data Processing, Inc. |
1,986 | 78,050 | |||
| Cognizant Technology Solutions Corp. Class A* |
1,475 | 57,023 | |||
| Computer Sciences Corp.* |
1,670 | 88,026 | |||
| Fidelity National Information Services, Inc. |
571 | 14,566 | |||
| Fiserv, Inc.* |
675 | 32,535 | |||
| Global Payments, Inc. |
331 | 15,458 | |||
| Hewitt Associates, Inc. Class A* |
349 | 12,714 | |||
| Mastercard, Inc. Class A |
526 | 106,331 | |||
| Paychex, Inc. |
1,333 | 38,724 | |||
| SAIC, Inc.* |
1,377 | 24,152 | |||
| Total System Services, Inc. |
1,051 | 16,931 | |||
| Visa, Inc. Class A |
1,281 | 88,530 | |||
| Western Union Co. (The) |
4,102 | 77,610 | |||
| Total IT Services | 697,903 | ||||
| Leisure Equipment & Products – 0.1% | |||||
| Hasbro, Inc. |
735 | 20,397 | |||
| Mattel, Inc. |
2,257 | 41,664 | |||
| Total Leisure Equipment & Products | 62,061 | ||||
| Life Sciences Tools & Services – 0.3% | |||||
| Illumina, Inc.* |
94 | 3,995 | |||
| Mettler-Toledo International, Inc.* |
169 | 15,310 | |||
| Millipore Corp.* |
166 | 11,675 | |||
| Pharmaceutical Product Development, Inc. |
398 | 8,732 | |||
| Thermo Fisher Scientific, Inc.* |
1,765 | 77,077 | |||
| Waters Corp.* |
600 | 33,516 | |||
| Total Life Sciences Tools & Services | 150,305 | ||||
| Machinery – 2.1% | |||||
| Caterpillar, Inc. |
5,609 | 287,910 | |||
| Cummins, Inc. |
2,202 | 98,672 | |||
| Danaher Corp. |
1,550 | 104,346 | |||
| Deere & Co. |
3,130 | 134,340 | |||
| Donaldson Co., Inc. |
322 | 11,151 | |||
| Dover Corp. |
1,408 | 54,574 | |||
| Eaton Corp. |
1,707 | 96,599 | |||
| Flowserve Corp. |
488 | 48,087 | |||
| Illinois Tool Works, Inc. |
3,476 | 148,460 | |||
| PACCAR, Inc. |
2,536 | 95,633 | |||
| Pall Corp. |
429 | 13,848 | |||
| Parker Hannifin Corp. |
1,603 | 83,099 | |||
| Total Machinery | 1,176,719 | ||||
| Media – 3.3% | |||||
| Cablevision Systems Corp. Class A |
1,105 | 26,244 | |||
| Clear Channel Outdoor Holdings, Inc. Class A* |
3,098 | 21,686 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 29 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Earnings 500 Fund
September 30, 2009
| Investments | Shares | Value | |||
| Comcast Corp. Class A |
10,433 | $ | 176,213 | ||
| DIRECTV Group, Inc. (The)*(a) |
4,374 | 120,635 | |||
| DISH Network Corp. Class A* |
5,290 | 101,885 | |||
| McGraw-Hill Cos., Inc. (The) |
2,086 | 52,442 | |||
| News Corp. Class A |
36,928 | 442,767 | |||
| Omnicom Group, Inc. |
2,358 | 87,105 | |||
| Scripps Networks Interactive, Inc. Class A |
570 | 21,061 | |||
| Time Warner Cable, Inc. Class A |
1,117 | 48,132 | |||
| Time Warner, Inc. |
7,697 | 221,520 | |||
| Viacom, Inc. Class B* |
5,502 | 154,276 | |||
| Walt Disney Co. (The) |
12,150 | 333,639 | |||
| Washington Post Co. (The) Class B |
31 | 14,510 | |||
| Total Media | 1,822,115 | ||||
| Metals & Mining – 2.2% | |||||
| Alcoa, Inc. |
11,125 | 145,960 | |||
| Cliffs Natural Resources, Inc. |
1,318 | 42,651 | |||
| Freeport-McMoRan Copper & Gold, Inc.* |
7,966 | 546,547 | |||
| Newmont Mining Corp. |
1,706 | 75,098 | |||
| Nucor Corp. |
3,042 | 143,004 | |||
| Southern Copper Corp. |
7,658 | 235,024 | |||
| Total Metals & Mining | 1,188,284 | ||||
| Multiline Retail – 1.0% | |||||
| Dollar Tree, Inc.* |
307 | 14,945 | |||
| Family Dollar Stores, Inc. |
556 | 14,678 | |||
| J.C. Penney Co., Inc. |
2,203 | 74,351 | |||
| Kohl’s Corp.* |
1,622 | 92,535 | |||
| Macy’s, Inc. |
4,667 | 85,360 | |||
| Sears Holdings Corp.*(a) |
413 | 26,973 | |||
| Target Corp. |
4,737 | 221,123 | |||
| Total Multiline Retail | 529,965 | ||||
| Multi-Utilities – 1.1% | |||||
| Alliant Energy Corp. |
595 | 16,571 | |||
| Ameren Corp. |
1,285 | 32,485 | |||
| Centerpoint Energy, Inc. |
2,688 | 33,412 | |||
| Consolidated Edison, Inc. |
1,064 | 43,560 | |||
| Dominion Resources, Inc. |
3,223 | 111,194 | |||
| DTE Energy Co. |
1,002 | 35,210 | |||
| Integrys Energy Group, Inc. |
241 | 8,649 | |||
| MDU Resources Group, Inc. |
1,153 | 24,040 | |||
| NiSource, Inc. |
1,484 | 20,613 | |||
| NSTAR |
379 | 12,060 | |||
| PG&E Corp. |
1,511 | 61,180 | |||
| Public Service Enterprise Group, Inc. |
2,089 | 65,678 | |||
| SCANA Corp. |
695 | 24,256 | |||
| Sempra Energy |
1,529 | 76,160 | |||
| TECO Energy, Inc. |
754 | 10,616 | |||
| Wisconsin Energy Corp. |
120 | 5,420 | |||
| Xcel Energy, Inc. |
2,063 | 39,692 | |||
| Total Multi-Utilities | 620,796 | ||||
| Office Electronics – 0.1% | |||||
| Xerox Corp. |
8,822 | 68,282 | |||
| Investments | Shares | Value | |||
| Oil, Gas & Consumable Fuels – 16.2% | |||||
| Anadarko Petroleum Corp. |
3,953 | $ | 247,972 | ||
| Apache Corp. |
3,922 | 360,157 | |||
| Cabot Oil & Gas Corp. |
487 | 17,410 | |||
| Chesapeake Energy Corp. |
6,409 | 182,016 | |||
| Chevron Corp. |
21,036 | 1,481,565 | |||
| CNX Gas Corp.* |
434 | 13,324 | |||
| ConocoPhillips |
22,679 | 1,024,184 | |||
| Consol Energy, Inc. |
406 | 18,315 | |||
| Devon Energy Corp. |
4,508 | 303,524 | |||
| El Paso Corp. |
7,831 | 80,816 | |||
| EOG Resources, Inc. |
2,122 | 177,208 | |||
| Exxon Mobil Corp. |
41,407 | 2,840,934 | |||
| Hess Corp. |
3,877 | 207,264 | |||
| Marathon Oil Corp. |
10,066 | 321,105 | |||
| Murphy Oil Corp. |
2,463 | 141,795 | |||
| Newfield Exploration Co.* |
1,165 | 49,582 | |||
| Noble Energy, Inc. |
1,693 | 111,670 | |||
| Occidental Petroleum Corp. |
8,558 | 670,947 | |||
| Peabody Energy Corp. |
2,232 | 83,075 | |||
| PetroHawk Energy Corp.* |
593 | 14,357 | |||
| Range Resources Corp. |
485 | 23,940 | |||
| Southwestern Energy Co.* |
1,146 | 48,911 | |||
| Spectra Energy Corp. |
4,910 | 92,995 | |||
| Sunoco, Inc. |
884 | 25,150 | |||
| Valero Energy Corp. |
6,968 | 135,110 | |||
| Williams Cos., Inc. (The) |
6,205 | 110,883 | |||
| XTO Energy, Inc. |
3,318 | 137,100 | |||
| Total Oil, Gas & Consumable Fuels | 8,921,309 | ||||
| Paper & Forest Products – 0.2% | |||||
| International Paper Co. |
4,367 | 97,078 | |||
| Personal Products – 0.2% | |||||
| Avon Products, Inc. |
2,091 | 71,010 | |||
| Estee Lauder Cos., Inc. (The) Class A |
995 | 36,895 | |||
| Total Personal Products | 107,905 | ||||
| Pharmaceuticals – 5.2% | |||||
| Abbott Laboratories |
5,225 | 258,481 | |||
| Allergan, Inc. |
994 | 56,419 | |||
| Bristol-Myers Squibb Co. |
6,149 | 138,475 | |||
| Eli Lilly & Co. |
5,471 | 180,707 | |||
| Endo Pharmaceuticals Holdings, Inc.* |
613 | 13,872 | |||
| Forest Laboratories, Inc.* |
2,381 | 70,097 | |||
| Johnson & Johnson |
13,294 | 809,472 | |||
| Merck & Co., Inc. |
9,791 | 309,689 | |||
| Perrigo Co. |
240 | 8,158 | |||
| Pfizer, Inc. |
38,940 | 644,457 | |||
| Wyeth |
7,383 | 358,666 | |||
| Total Pharmaceuticals | 2,848,493 | ||||
| Professional Services – 0.1% | |||||
| Dun & Bradstreet Corp. |
252 | 18,981 | |||
| Equifax, Inc. |
679 | 19,786 | |||
See Notes to Financial Statements.
| 30 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Earnings 500 Fund
September 30, 2009
| Investments | Shares | Value | |||
| FTI Consulting, Inc.* |
177 | $ | 7,542 | ||
| Robert Half International, Inc. |
917 | 22,943 | |||
| Total Professional Services | 69,252 | ||||
| Real Estate Investment Trusts – 0.5% | |||||
| AvalonBay Communities, Inc. |
217 | 15,782 | |||
| Boston Properties, Inc. |
295 | 19,337 | |||
| Equity Residential |
239 | 7,337 | |||
| Federal Realty Investment Trust |
105 | 6,444 | |||
| HCP, Inc. |
406 | 11,669 | |||
| Health Care REIT, Inc. |
211 | 8,782 | |||
| Host Hotels & Resorts, Inc. |
3,701 | 43,561 | |||
| Kimco Realty Corp. |
1,072 | 13,979 | |||
| Plum Creek Timber Co., Inc. |
435 | 13,328 | |||
| Public Storage |
624 | 46,950 | |||
| Rayonier, Inc. |
291 | 11,905 | |||
| Simon Property Group, Inc. |
498 | 34,576 | |||
| Ventas, Inc. |
344 | 13,244 | |||
| Vornado Realty Trust |
439 | 28,276 | |||
| Total Real Estate Investment Trusts | 275,170 | ||||
| Road & Rail – 1.0% | |||||
| Burlington Northern Santa Fe Corp. |
1,791 | 142,976 | |||
| CSX Corp. |
2,920 | 122,231 | |||
| JB Hunt Transport Services, Inc. |
495 | 15,904 | |||
| Norfolk Southern Corp. |
2,213 | 95,402 | |||
| Union Pacific Corp. |
2,810 | 163,964 | |||
| Total Road & Rail | 540,477 | ||||
| Semiconductors & Semiconductor Equipment –2.5% | |||||
| Altera Corp. |
1,274 | 26,130 | |||
| Analog Devices, Inc. |
1,662 | 45,838 | |||
| Applied Materials, Inc. |
5,744 | 76,969 | |||
| Broadcom Corp. Class A* |
1,578 | 48,429 | |||
| Intel Corp. |
32,975 | 645,321 | |||
| KLA-Tencor Corp. |
873 | 31,306 | |||
| Lam Research Corp.* |
806 | 27,533 | |||
| Linear Technology Corp. |
1,063 | 29,370 | |||
| Maxim Integrated Products, Inc. |
1,513 | 27,446 | |||
| MEMC Electronic Materials, Inc.* |
3,015 | 50,139 | |||
| Microchip Technology, Inc. |
1,088 | 28,832 | |||
| National Semiconductor Corp. |
2,118 | 30,224 | |||
| Nvidia Corp.* |
2,836 | 42,625 | |||
| Texas Instruments, Inc. |
10,619 | 251,564 | |||
| Xilinx, Inc. |
1,421 | 33,280 | |||
| Total Semiconductors & Semiconductor Equipment | 1,395,006 | ||||
| Software – 4.3% | |||||
| Adobe Systems, Inc.* |
2,414 | 79,759 | |||
| Ansys, Inc.* |
221 | 8,281 | |||
| Autodesk, Inc.* |
1,245 | 29,631 | |||
| BMC Software, Inc.* |
605 | 22,706 | |||
| CA, Inc. |
2,262 | 49,741 | |||
| Citrix Systems, Inc.* |
460 | 18,046 | |||
| Intuit, Inc.* |
1,146 | 32,661 | |||
| Investments | Shares | Value | |||
| McAfee, Inc.* |
261 | $ | 11,429 | ||
| Microsoft Corp. |
61,653 | 1,596,196 | |||
| Oracle Corp. |
20,174 | 420,426 | |||
| Salesforce.com, Inc.* |
67 | 3,814 | |||
| Symantec Corp.* |
3,131 | 51,568 | |||
| VMware, Inc. Class A*(a) |
649 | 26,070 | |||
| Total Software | 2,350,328 | ||||
| Specialty Retail – 1.8% | |||||
| Advance Auto Parts, Inc. |
461 | 18,108 | |||
| Autozone, Inc.* |
290 | 42,404 | |||
| Bed Bath & Beyond, Inc.* |
1,230 | 46,174 | |||
| Best Buy Co., Inc. |
2,949 | 110,647 | |||
| GameStop Corp. Class A* |
858 | 22,711 | |||
| Gap, Inc. (The) |
4,454 | 95,316 | |||
| Home Depot, Inc. |
7,586 | 202,091 | |||
| Lowe’s Cos., Inc. |
6,659 | 139,439 | |||
| Ltd. Brands, Inc. |
3,503 | 59,516 | |||
| O’Reilly Automotive, Inc.* |
371 | 13,408 | |||
| Ross Stores, Inc. |
630 | 30,095 | |||
| Sherwin-Williams Co. (The) |
569 | 34,231 | |||
| Staples, Inc. |
3,341 | 77,578 | |||
| TJX Cos., Inc. |
2,806 | 104,243 | |||
| Urban Outfitters, Inc.* |
678 | 20,455 | |||
| Total Specialty Retail | 1,016,416 | ||||
| Textiles, Apparel & Luxury Goods – 0.6% | |||||
| Coach, Inc. |
2,200 | 72,424 | |||
| NIKE, Inc. Class B |
2,206 | 142,728 | |||
| Polo Ralph Lauren Corp. |
615 | 47,122 | |||
| VF Corp. |
714 | 51,715 | |||
| Total Textiles, Apparel & Luxury Goods | 313,989 | ||||
| Thrifts & Mortgage Finance – 0.1% | |||||
| Capitol Federal Financial |
60 | 1,975 | |||
| Hudson City Bancorp, Inc. |
1,539 | 20,238 | |||
| New York Community Bancorp, Inc.(a) |
405 | 4,625 | |||
| People’s United Financial, Inc. |
510 | 7,936 | |||
| TFS Financial Corp. |
252 | 2,999 | |||
| Total Thrifts & Mortgage Finance | 37,773 | ||||
| Tobacco – 1.8% | |||||
| Altria Group, Inc. |
17,893 | 318,674 | |||
| Lorillard, Inc. |
864 | 64,195 | |||
| Philip Morris International, Inc. |
10,657 | 519,422 | |||
| Reynolds American, Inc. |
1,797 | 80,003 | |||
| Total Tobacco | 982,294 | ||||
| Trading Companies & Distributors – 0.1% | |||||
| Fastenal Co. |
500 | 19,350 | |||
| W.W. Grainger, Inc. |
398 | 35,565 | |||
| Total Trading Companies & Distributors | 54,915 | ||||
| Water Utilities – 0.0% | |||||
| Aqua America, Inc.(a) |
233 | 4,110 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 31 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Earnings 500 Fund
September 30, 2009
| Investments | Shares | Value | ||||
| Wireless Telecommunication Services – 0.2% | ||||||
| American Tower Corp. Class A* |
285 | $ | 10,374 | |||
| MetroPCS Communications, Inc.* |
346 | 3,239 | ||||
| NII Holdings, Inc.* |
1,648 | 49,407 | ||||
| Telephone & Data Systems, Inc. |
728 | 22,575 | ||||
| United States Cellular Corp.* |
471 | 18,402 | ||||
| Total Wireless Telecommunication Services | 103,997 | |||||
| TOTAL COMMON STOCKS (Cost: $66,453,435) |
55,109,364 | |||||
| SHORT-TERM INVESTMENT – 0.1% | ||||||
| MONEY MARKET FUND – 0.1% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $77,124) |
77,124 | 77,124 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.6% | ||||||
| MONEY MARKET FUND – 0.6% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $314,003)(d) |
314,003 | 314,003 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 100.5% (Cost: $66,844,562)(e) |
55,500,491 | |||||
| Liabilities in Excess of Other Assets – (0.5)% |
(259,724 | ) | ||||
| NET ASSETS – 100.0% | $ | 55,240,767 | ||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $304,628 and the total market value of the collateral held by the Fund was $314,003. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 32 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree MidCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.7% | |||||
| Aerospace & Defense – 2.0% | |||||
| Aerovironment, Inc.* |
126 | $ | 3,539 | ||
| BE Aerospace, Inc.* |
4,849 | 97,659 | |||
| Ceradyne, Inc.* |
1,139 | 20,878 | |||
| Cubic Corp. |
278 | 10,973 | |||
| Curtiss-Wright Corp. |
663 | 22,628 | |||
| DynCorp International, Inc. Class A* |
751 | 13,518 | |||
| Esterline Technologies Corp.* |
509 | 19,958 | |||
| HEICO Corp. |
294 | 12,748 | |||
| Hexcel Corp.* |
2,393 | 27,376 | |||
| Moog, Inc. Class A* |
732 | 21,594 | |||
| Orbital Sciences Corp.* |
730 | 10,928 | |||
| Spirit Aerosystems Holdings, Inc. Class A* |
6,776 | 122,375 | |||
| Stanley, Inc.* |
198 | 5,092 | |||
| Teledyne Technologies, Inc.* |
491 | 17,671 | |||
| TransDigm Group, Inc.* |
806 | 40,147 | |||
| Total Aerospace & Defense | 447,084 | ||||
| Air Freight & Logistics – 0.1% | |||||
| Forward Air Corp. |
416 | 9,630 | |||
| HUB Group, Inc. Class A* |
515 | 11,768 | |||
| Total Air Freight & Logistics | 21,398 | ||||
| Airlines – 0.1% | |||||
| Allegiant Travel Co.* |
96 | 3,657 | |||
| Skywest, Inc. |
1,517 | 25,152 | |||
| Total Airlines | 28,809 | ||||
| Auto Components – 1.7% | |||||
| Autoliv, Inc. |
2,828 | 95,021 | |||
| Gentex Corp. |
2,359 | 33,380 | |||
| Goodyear Tire & Rubber Co. (The)* |
11,236 | 191,349 | |||
| WABCO Holdings, Inc. |
3,112 | 65,352 | |||
| Total Auto Components | 385,102 | ||||
| Automobiles – 0.2% | |||||
| Thor Industries, Inc.* |
1,419 | 43,918 | |||
| Beverages – 0.4% | |||||
| Central European Distribution Corp.* |
985 | 32,269 | |||
| PepsiAmericas, Inc. |
2,408 | 68,772 | |||
| Total Beverages | 101,041 | ||||
| Biotechnology – 0.3% | |||||
| Alkermes, Inc.* |
417 | 3,832 | |||
| BioMarin Pharmaceutical, Inc.* |
107 | 1,935 | |||
| Cubist Pharmaceuticals, Inc.* |
444 | 8,969 | |||
| Emergent Biosolutions, Inc.* |
389 | 6,870 | |||
| Martek Biosciences Corp.* |
307 | 6,935 | |||
| Onyx Pharmaceuticals, Inc.* |
127 | 3,806 | |||
| OSI Pharmaceuticals, Inc.* |
682 | 24,075 | |||
| PDL BioPharma, Inc. |
707 | 5,571 | |||
| United Therapeutics Corp.* |
262 | 12,835 | |||
| Total Biotechnology | 74,828 | ||||
| Building Products – 0.4% | |||||
| Armstrong World Industries, Inc.* |
1,209 | 41,662 | |||
| Investments | Shares | Value | |||
| Lennox International, Inc. |
1,047 | $ | 37,818 | ||
| Simpson Manufacturing Co., Inc. |
412 | 10,407 | |||
| Total Building Products | 89,887 | ||||
| Capital Markets – 2.2% | |||||
| Affiliated Managers Group, Inc.* |
829 | 53,893 | |||
| Apollo Investment Corp. |
4,437 | 42,373 | |||
| Eaton Vance Corp. |
1,906 | 53,349 | |||
| Federated Investors, Inc. Class B |
2,608 | 68,773 | |||
| GAMCO Investors, Inc. Class A |
464 | 21,205 | |||
| Greenhill & Co., Inc. |
187 | 16,752 | |||
| Investment Technology Group, Inc.* |
1,059 | 29,567 | |||
| Janus Capital Group, Inc. |
5,304 | 75,211 | |||
| Knight Capital Group, Inc. Class A* |
1,890 | 41,108 | |||
| optionsXpress Holdings, Inc. |
1,582 | 27,337 | |||
| Stifel Financial Corp.* |
230 | 12,627 | |||
| Teton Advisors, Inc. Class B† |
6 | — | |||
| Waddell & Reed Financial, Inc. Class A |
1,894 | 53,884 | |||
| Total Capital Markets | 496,079 | ||||
| Chemicals – 6.2% | |||||
| Albemarle Corp. |
2,439 | 84,389 | |||
| Arch Chemicals, Inc. |
546 | 16,374 | |||
| Cabot Corp. |
1,025 | 23,688 | |||
| Calgon Carbon Corp.* |
336 | 4,983 | |||
| Celanese Corp. Series A |
11,746 | 293,650 | |||
| Cytec Industries, Inc. |
1,963 | 63,739 | |||
| Eastman Chemical Co. |
2,899 | 155,212 | |||
| H.B. Fuller Co. |
1,294 | 27,045 | |||
| Huntsman Corp. |
4,181 | 38,089 | |||
| International Flavors & Fragrances, Inc. |
1,508 | 57,198 | |||
| Lubrizol Corp. |
1,606 | 114,765 | |||
| Minerals Technologies, Inc. |
316 | 15,029 | |||
| Nalco Holding Co. |
2,615 | 53,581 | |||
| Olin Corp. |
1,956 | 34,113 | |||
| RPM International, Inc. |
3,590 | 66,379 | |||
| Scotts Miracle-Gro Co. (The) Class A |
296 | 12,713 | |||
| Sensient Technologies Corp. |
793 | 22,022 | |||
| Terra Industries, Inc. |
6,488 | 224,939 | |||
| Valspar Corp. |
1,570 | 43,191 | |||
| Westlake Chemical Corp. |
1,312 | 33,718 | |||
| Total Chemicals | 1,384,817 | ||||
| Commercial Banks – 2.4% | |||||
| Bancorpsouth, Inc. |
1,244 | 30,366 | |||
| Bank of Hawaii Corp. |
921 | 38,258 | |||
| CapitalSource, Inc. |
2,797 | 12,139 | |||
| Cathay General Bancorp |
777 | 6,286 | |||
| City National Corp. |
637 | 24,798 | |||
| Community Bank System, Inc. |
398 | 7,271 | |||
| CVB Financial Corp.(a) |
1,201 | 9,116 | |||
| First Bancorp |
1,071 | 3,266 | |||
| First Citizens BancShares, Inc. Class A |
141 | 22,433 | |||
| First Commonwealth Financial Corp. |
797 | 4,527 | |||
| First Financial Bankshares, Inc. |
198 | 9,793 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 33 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| First Midwest Bancorp, Inc. |
741 | $ | 8,351 | ||
| FirstMerit Corp. |
1,185 | 22,551 | |||
| FNB Corp.(a) |
1,133 | 8,056 | |||
| Fulton Financial Corp. |
2,756 | 20,284 | |||
| Glacier Bancorp, Inc.(a) |
755 | 11,280 | |||
| Hancock Holding Co. |
352 | 13,225 | |||
| Iberiabank Corp. |
182 | 8,292 | |||
| International Bancshares Corp. |
1,286 | 20,975 | |||
| Investors Bancorp, Inc.* |
292 | 3,098 | |||
| MB Financial, Inc. |
356 | 7,465 | |||
| National Penn Bancshares, Inc. |
1,216 | 7,430 | |||
| NBT Bancorp, Inc. |
395 | 8,903 | |||
| Old National Bancorp |
949 | 10,629 | |||
| Pacific Capital Bancorp NA(a) |
669 | 963 | |||
| PacWest Bancorp |
309 | 5,886 | |||
| Park National Corp.(a) |
199 | 11,610 | |||
| Prosperity Bancshares, Inc. |
558 | 19,413 | |||
| S&T Bancorp, Inc. |
327 | 4,238 | |||
| Signature Bank* |
200 | 5,800 | |||
| Susquehanna Bancshares, Inc. |
1,097 | 6,461 | |||
| SVB Financial Group* |
874 | 37,818 | |||
| TCF Financial Corp. |
2,487 | 32,430 | |||
| Trustmark Corp. |
894 | 17,031 | |||
| UMB Financial Corp. |
400 | 16,176 | |||
| Umpqua Holdings Corp. |
781 | 8,279 | |||
| United Bankshares, Inc.(a) |
513 | 10,050 | |||
| WesBanco, Inc. |
365 | 5,643 | |||
| Westamerica Bancorp. |
240 | 12,480 | |||
| Whitney Holding Corp. |
1,000 | 9,540 | |||
| Wilmington Trust Corp. |
773 | 10,977 | |||
| Total Commercial Banks | 533,587 | ||||
| Commercial Services & Supplies – 1.5% | |||||
| ABM Industries, Inc. |
588 | 12,372 | |||
| Brink’s Co. (The) |
1,722 | 46,339 | |||
| Clean Harbors, Inc.* |
181 | 10,183 | |||
| Copart, Inc.* |
1,138 | 37,793 | |||
| Corrections Corp. of America* |
1,795 | 40,657 | |||
| Geo Group, Inc. (The)* |
551 | 11,114 | |||
| Healthcare Services Group |
362 | 6,646 | |||
| Herman Miller, Inc. |
2,072 | 35,037 | |||
| Mine Safety Appliances Co. |
499 | 13,727 | |||
| Rollins, Inc. |
834 | 15,721 | |||
| Steelcase, Inc. Class A |
3,628 | 22,530 | |||
| SYKES Enterprises, Inc.* |
702 | 14,616 | |||
| Tetra Tech, Inc.* |
526 | 13,955 | |||
| United Stationers, Inc.* |
617 | 29,375 | |||
| Waste Connections, Inc.* |
685 | 19,769 | |||
| Total Commercial Services & Supplies | 329,834 | ||||
| Communications Equipment – 1.6% | |||||
| 3Com Corp.* |
2,408 | 12,594 | |||
| ADC Telecommunications, Inc.* |
2,377 | 19,824 | |||
| Adtran, Inc. |
1,101 | 27,030 | |||
| Arris Group, Inc.* |
1,508 | 19,619 | |||
| Investments | Shares | Value | |||
| Avocent Corp.* |
348 | $ | 7,054 | ||
| Brocade Communications Systems, Inc.* |
10,493 | 82,475 | |||
| CommScope, Inc.* |
2,000 | 59,860 | |||
| Comtech Telecommunications Corp.* |
320 | 10,630 | |||
| F5 Networks, Inc.* |
653 | 25,878 | |||
| Infinera Corp.* |
1,826 | 14,517 | |||
| InterDigital, Inc.* |
202 | 4,678 | |||
| Polycom, Inc.* |
1,162 | 31,083 | |||
| Starent Networks Corp.* |
861 | 21,887 | |||
| Tekelec* |
697 | 11,452 | |||
| Total Communications Equipment | 348,581 | ||||
| Computers & Peripherals – 1.2% | |||||
| Diebold, Inc. |
753 | 24,796 | |||
| Intermec, Inc.* |
684 | 9,644 | |||
| Lexmark International, Inc. Class A* |
2,286 | 49,240 | |||
| NCR Corp.* |
3,866 | 53,428 | |||
| QLogic Corp.* |
1,893 | 32,560 | |||
| Synaptics, Inc.*(a) |
478 | 12,046 | |||
| Teradata Corp.* |
3,332 | 91,697 | |||
| Total Computers & Peripherals | 273,411 | ||||
| Construction & Engineering – 0.9% | |||||
| EMCOR Group, Inc.* |
1,631 | 41,297 | |||
| Granite Construction, Inc. |
488 | 15,099 | |||
| KBR, Inc. |
3,527 | 82,144 | |||
| Shaw Group, Inc. (The)* |
1,305 | 41,877 | |||
| Tutor Perini Corp.* |
1,012 | 21,556 | |||
| Total Construction & Engineering | 201,973 | ||||
| Construction Materials – 0.1% | |||||
| Eagle Materials, Inc. |
455 | 13,004 | |||
| Texas Industries, Inc. |
352 | 14,780 | |||
| Total Construction Materials | 27,784 | ||||
| Consumer Finance – 0.2% | |||||
| AmeriCredit Corp.* |
85 | 1,342 | |||
| Cash America International, Inc. |
663 | 19,996 | |||
| Ezcorp, Inc. Class A* |
600 | 8,196 | |||
| Student Loan Corp. (The) |
527 | 24,453 | |||
| Total Consumer Finance | 53,987 | ||||
| Containers & Packaging – 1.3% | |||||
| Aptargroup, Inc. |
907 | 33,886 | |||
| Greif, Inc. Class A |
1,152 | 63,418 | |||
| Packaging Corp. of America |
2,228 | 45,451 | |||
| Rock-Tenn Co. Class A |
481 | 22,660 | |||
| Sealed Air Corp. |
2,992 | 58,733 | |||
| Silgan Holdings, Inc. |
506 | 26,681 | |||
| Sonoco Products Co. |
1,110 | 30,569 | |||
| Total Containers & Packaging | 281,398 | ||||
| Distributors – 0.2% | |||||
| LKQ Corp.* |
2,138 | 39,639 | |||
| Diversified Consumer Services – 0.9% | |||||
| American Public Education, Inc.* |
74 | 2,571 | |||
| Capella Education Co.* |
93 | 6,263 | |||
See Notes to Financial Statements.
| 34 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Career Education Corp.* |
780 | $ | 19,016 | ||
| Corinthian Colleges, Inc.* |
464 | 8,612 | |||
| Matthews International Corp. Class A |
417 | 14,754 | |||
| Service Corp. International |
9,701 | 68,004 | |||
| Sotheby’s(a) |
3,071 | 52,913 | |||
| Weight Watchers International, Inc. |
1,335 | 36,632 | |||
| Total Diversified Consumer Services | 208,765 | ||||
| Diversified Telecommunication Services – 0.0% | |||||
| NTELOS Holdings Corp. |
388 | 6,852 | |||
| Electric Utilities – 1.3% | |||||
| ALLETE, Inc. |
536 | 17,994 | |||
| Cleco Corp. |
905 | 22,697 | |||
| DPL, Inc. |
2,083 | 54,366 | |||
| El Paso Electric Co.* |
900 | 15,903 | |||
| Great Plains Energy, Inc. |
1,746 | 31,341 | |||
| Hawaiian Electric Industries, Inc. |
1,019 | 18,464 | |||
| IDACORP, Inc. |
669 | 19,261 | |||
| ITC Holdings Corp. |
484 | 21,998 | |||
| MGE Energy, Inc. |
328 | 11,965 | |||
| Portland General Electric Co. |
949 | 18,714 | |||
| UIL Holdings Corp. |
336 | 8,867 | |||
| Unisource Energy Corp. |
99 | 3,044 | |||
| Westar Energy, Inc. |
1,819 | 35,489 | |||
| Total Electric Utilities | 280,103 | ||||
| Electrical Equipment – 2.3% | |||||
| A.O. Smith Corp. |
604 | 23,012 | |||
| Acuity Brands, Inc. |
870 | 28,023 | |||
| Baldor Electric Co. |
1,167 | 31,906 | |||
| Belden, Inc. |
1,209 | 27,928 | |||
| Brady Corp. Class A |
1,129 | 32,425 | |||
| Energy Conversion Devices, Inc.*(a) |
191 | 2,212 | |||
| Franklin Electric Co., Inc. |
318 | 9,117 | |||
| General Cable Corp.* |
2,698 | 105,626 | |||
| GrafTech International Ltd.* |
5,537 | 81,394 | |||
| Hubbell, Inc. Class B |
1,348 | 56,616 | |||
| Regal-Beloit Corp. |
773 | 35,334 | |||
| Thomas & Betts Corp.* |
1,564 | 47,045 | |||
| Woodward Governor Co. |
1,082 | 26,249 | |||
| Total Electrical Equipment | 506,887 | ||||
| Electronic Equipment, Instruments & Components – 3.3% | |||||
| Anixter International, Inc.* |
1,802 | 72,278 | |||
| Arrow Electronics, Inc.* |
4,193 | 118,033 | |||
| Avnet, Inc.* |
5,185 | 134,654 | |||
| AVX Corp. |
3,415 | 40,741 | |||
| Benchmark Electronics, Inc.* |
1,360 | 24,480 | |||
| Cogent, Inc.* |
575 | 5,807 | |||
| Ingram Micro, Inc. Class A* |
4,320 | 72,792 | |||
| Itron, Inc.* |
92 | 5,901 | |||
| Jabil Circuit, Inc. |
4,121 | 55,263 | |||
| Molex, Inc. |
2,888 | 60,301 | |||
| National Instruments Corp. |
914 | 25,254 | |||
| Investments | Shares | Value | |||
| Rofin-Sinar Technologies, Inc.* |
599 | $ | 13,753 | ||
| Tech Data Corp.* |
1,288 | 53,594 | |||
| Trimble Navigation Ltd.* |
1,405 | 33,594 | |||
| Vishay Intertechnology, Inc.* |
3,705 | 29,270 | |||
| Total Electronic Equipment, Instruments & Components | 745,715 | ||||
| Energy Equipment & Services – 4.9% | |||||
| Atwood Oceanics, Inc.* |
3,025 | 106,692 | |||
| CARBO Ceramics, Inc.(a) |
324 | 16,702 | |||
| Dresser-Rand Group, Inc.* |
1,982 | 61,581 | |||
| Dril-Quip, Inc.* |
1,193 | 59,221 | |||
| Exterran Holdings, Inc.* |
1,533 | 36,393 | |||
| Gulfmark Offshore, Inc.* |
1,046 | 34,246 | |||
| Lufkin Industries, Inc. |
437 | 23,240 | |||
| Oceaneering International, Inc.* |
1,484 | 84,217 | |||
| Oil States International, Inc.* |
2,838 | 99,699 | |||
| Patterson-UTI Energy, Inc. |
6,527 | 98,558 | |||
| Rowan Cos., Inc. |
5,759 | 132,860 | |||
| RPC, Inc. |
1,576 | 16,516 | |||
| SEACOR Holdings, Inc.* |
411 | 33,550 | |||
| Superior Energy Services, Inc.* |
4,045 | 91,093 | |||
| Tidewater, Inc. |
1,725 | 81,230 | |||
| Unit Corp.* |
2,655 | 109,519 | |||
| Total Energy Equipment & Services | 1,085,317 | ||||
| Food & Staples Retailing – 0.7% | |||||
| BJ’s Wholesale Club, Inc.* |
755 | 27,346 | |||
| Casey’s General Stores, Inc. |
708 | 22,217 | |||
| Ruddick Corp. |
794 | 21,136 | |||
| United Natural Foods, Inc.* |
598 | 14,304 | |||
| Weis Markets, Inc. |
253 | 8,084 | |||
| Whole Foods Market, Inc.* |
2,298 | 70,066 | |||
| Winn-Dixie Stores, Inc.* |
132 | 1,732 | |||
| Total Food & Staples Retailing | 164,885 | ||||
| Food Products – 1.0% | |||||
| Corn Products International, Inc. |
1,792 | 51,108 | |||
| Dean Foods Co.* |
1,802 | 32,058 | |||
| Del Monte Foods Co. |
2,653 | 30,722 | |||
| Flowers Foods, Inc. |
894 | 23,503 | |||
| Green Mountain Coffee Roasters, Inc.*(a) |
193 | 14,251 | |||
| Lancaster Colony Corp. |
291 | 14,919 | |||
| Ralcorp Holdings, Inc.* |
571 | 33,386 | |||
| Smithfield Foods, Inc.* |
783 | 10,805 | |||
| Tootsie Roll Industries, Inc. |
338 | 8,038 | |||
| TreeHouse Foods, Inc.* |
284 | 10,130 | |||
| Trian Acquisition I Corp.* |
268 | 2,608 | |||
| Total Food Products | 231,528 | ||||
| Gas Utilities – 1.7% | |||||
| AGL Resources, Inc. |
1,386 | 48,884 | |||
| Atmos Energy Corp. |
1,594 | 44,919 | |||
| Energen Corp. |
2,315 | 99,776 | |||
| Laclede Group, Inc. (The) |
235 | 7,558 | |||
| New Jersey Resources Corp. |
609 | 22,113 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 35 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Nicor, Inc. |
654 | $ | 23,930 | ||
| Northwest Natural Gas Co. |
292 | 12,165 | |||
| Piedmont Natural Gas Co., Inc. |
727 | 17,404 | |||
| South Jersey Industries, Inc. |
387 | 13,661 | |||
| Southwest Gas Corp. |
565 | 14,453 | |||
| UGI Corp. |
1,816 | 45,509 | |||
| WGL Holdings, Inc. |
699 | 23,165 | |||
| Total Gas Utilities | 373,537 | ||||
| Health Care Equipment & Supplies – 1.1% | |||||
| Conmed Corp.* |
381 | 7,304 | |||
| Gen-Probe, Inc.* |
461 | 19,104 | |||
| Haemonetics Corp.* |
203 | 11,392 | |||
| Hill-Rom Holdings, Inc. |
731 | 15,921 | |||
| Idexx Laboratories, Inc.* |
677 | 33,850 | |||
| Immucor, Inc.* |
591 | 10,461 | |||
| Integra Lifesciences Holdings Corp.* |
89 | 3,039 | |||
| Kinetic Concepts, Inc.* |
2,009 | 74,293 | |||
| Masimo Corp.* |
312 | 8,174 | |||
| Meridian Bioscience, Inc. |
244 | 6,103 | |||
| STERIS Corp. |
818 | 24,908 | |||
| Teleflex, Inc. |
261 | 12,609 | |||
| Thoratec Corp.* |
134 | 4,056 | |||
| West Pharmaceutical Services, Inc. |
373 | 15,148 | |||
| Total Health Care Equipment & Supplies | 246,362 | ||||
| Health Care Providers & Services – 3.5% | |||||
| Amedisys, Inc.*(a) |
391 | 17,059 | |||
| AMERIGROUP Corp.* |
1,041 | 23,079 | |||
| Catalyst Health Solutions, Inc.* |
454 | 13,234 | |||
| Centene Corp.* |
713 | 13,504 | |||
| Chemed Corp. |
367 | 16,108 | |||
| Community Health Systems, Inc.* |
1,168 | 37,294 | |||
| Coventry Health Care, Inc.* |
7,108 | 141,876 | |||
| Emergency Medical Services Corp. Class A* |
450 | 20,925 | |||
| Gentiva Health Services, Inc.* |
614 | 15,356 | |||
| Health Net, Inc.* |
4,133 | 63,648 | |||
| Healthsouth Corp.* |
129 | 2,018 | |||
| Healthspring, Inc.* |
1,248 | 15,288 | |||
| HMS Holdings Corp.* |
132 | 5,046 | |||
| LifePoint Hospitals, Inc.* |
1,175 | 31,795 | |||
| Lincare Holdings, Inc.* |
1,798 | 56,188 | |||
| Magellan Health Services, Inc.* |
483 | 15,002 | |||
| Mednax, Inc.* |
986 | 54,151 | |||
| Owens & Minor, Inc. |
515 | 23,304 | |||
| Patterson Cos., Inc.* |
2,312 | 63,002 | |||
| PSS World Medical, Inc.* |
606 | 13,229 | |||
| Psychiatric Solutions, Inc.* |
702 | 18,786 | |||
| Universal American Corp.* |
2,287 | 21,544 | |||
| Universal Health Services, Inc. Class B |
1,069 | 66,203 | |||
| VCA Antech, Inc.* |
1,480 | 39,797 | |||
| Total Health Care Providers & Services | 787,436 | ||||
| Health Care Technology – 0.7% | |||||
| ATHENAHEALTH, Inc.* |
61 | 2,341 | |||
| Investments | Shares | Value | |||
| Eclipsys Corp.* |
1,503 | $ | 29,008 | ||
| HLTH Corp.* |
4,227 | 61,756 | |||
| IMS Health, Inc. |
2,994 | 45,958 | |||
| MedAssets, Inc.* |
61 | 1,377 | |||
| Quality Systems, Inc.(a) |
211 | 12,991 | |||
| Total Health Care Technology | 153,431 | ||||
| Hotels, Restaurants & Leisure – 1.9% | |||||
| Bally Technologies, Inc.* |
996 | 38,217 | |||
| Brinker International, Inc. |
406 | 6,386 | |||
| Chipotle Mexican Grill, Inc. Class A* |
242 | 23,486 | |||
| Choice Hotels International, Inc. |
773 | 24,010 | |||
| International Speedway Corp. Class A |
881 | 24,289 | |||
| Jack In The Box, Inc.* |
713 | 14,609 | |||
| Panera Bread Co. Class A* |
213 | 11,715 | |||
| Penn National Gaming, Inc.* |
1,156 | 31,975 | |||
| Scientific Games Corp. Class A* |
1,053 | 16,669 | |||
| Vail Resorts, Inc.* |
784 | 26,295 | |||
| WMS Industries, Inc.* |
530 | 23,617 | |||
| Wyndham Worldwide Corp. |
11,151 | 181,984 | |||
| Total Hotels, Restaurants & Leisure | 423,252 | ||||
| Household Durables – 1.0% | |||||
| Harman International Industries, Inc. |
1,163 | 39,403 | |||
| Jarden Corp. |
1,746 | 49,010 | |||
| Leggett & Platt, Inc. |
1,662 | 32,243 | |||
| NVR, Inc.* |
84 | 53,539 | |||
| Tupperware Brands Corp. |
1,447 | 57,764 | |||
| Total Household Durables | 231,959 | ||||
| Independent Power Producers & Energy Traders – 0.1% | |||||
| Dynegy, Inc. Class A* |
4,051 | 10,330 | |||
| Ormat Technologies, Inc. |
301 | 12,287 | |||
| Total Independent Power Producers & Energy Traders | 22,617 | ||||
| Industrial Conglomerates – 0.4% | |||||
| Carlisle Cos., Inc. |
1,676 | 56,833 | |||
| Seaboard Corp. |
32 | 41,601 | |||
| Total Industrial Conglomerates | 98,434 | ||||
| Insurance – 2.1% | |||||
| Alleghany Corp.* |
70 | 18,133 | |||
| American Financial Group, Inc. |
3,472 | 88,536 | |||
| Arthur J. Gallagher & Co. |
1,125 | 27,416 | |||
| Employers Holdings, Inc. |
1,491 | 23,081 | |||
| Erie Indemnity Co. Class A |
892 | 33,414 | |||
| First American Corp. |
217 | 7,024 | |||
| Hanover Insurance Group, Inc. (The) |
857 | 35,420 | |||
| Harleysville Group, Inc. |
464 | 14,686 | |||
| Mercury General Corp. |
825 | 29,848 | |||
| Navigators Group, Inc.* |
279 | 15,345 | |||
| ProAssurance Corp.* |
749 | 39,090 | |||
| RLI Corp. |
368 | 19,423 | |||
| Selective Insurance Group, Inc. |
893 | 14,047 | |||
| StanCorp Financial Group, Inc. |
1,251 | 50,503 | |||
See Notes to Financial Statements.
| 36 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| State Auto Financial Corp. |
91 | $ | 1,632 | ||
| Unitrin, Inc. |
44 | 858 | |||
| Wesco Financial Corp. |
57 | 18,553 | |||
| Zenith National Insurance Corp. |
784 | 24,226 | |||
| Total Insurance | 461,235 | ||||
| Internet & Catalog Retail – 1.2% | |||||
| Expedia, Inc.* |
7,442 | 178,236 | |||
| Liberty Media Corp. – Interactive A* |
6,640 | 72,841 | |||
| NetFlix, Inc.*(a) |
498 | 22,992 | |||
| Total Internet & Catalog Retail | 274,069 | ||||
| Internet Software & Services – 0.6% | |||||
| Akamai Technologies, Inc.* |
1,745 | 34,342 | |||
| Digital River, Inc.* |
555 | 22,377 | |||
| Earthlink, Inc. |
5,936 | 49,922 | |||
| Equinix, Inc.* |
30 | 2,760 | |||
| j2 Global Communications, Inc.* |
685 | 15,762 | |||
| WebMD Health Corp. Class A*(a) |
543 | 17,984 | |||
| Total Internet Software & Services | 143,147 | ||||
| IT Services – 1.4% | |||||
| Broadridge Financial Solutions, Inc. |
3,018 | 60,662 | |||
| CACI International, Inc. Class A* |
404 | 19,097 | |||
| DST Systems, Inc.* |
1,258 | 56,358 | |||
| Gartner, Inc.* |
1,147 | 20,956 | |||
| ManTech International Corp. Class A* |
341 | 16,081 | |||
| NeuStar, Inc. Class A* |
1,059 | 23,933 | |||
| Perot Systems Corp. Class A* |
2,038 | 60,529 | |||
| SRA International, Inc. Class A* |
869 | 18,762 | |||
| Syntel, Inc. |
615 | 29,354 | |||
| Total IT Services | 305,732 | ||||
| Leisure Equipment & Products – 0.3% | |||||
| Eastman Kodak Co. |
1,821 | 8,704 | |||
| Polaris Industries, Inc. |
858 | 34,989 | |||
| Pool Corp.(a) |
713 | 15,843 | |||
| Total Leisure Equipment & Products | 59,536 | ||||
| Life Sciences Tools & Services – 1.2% | |||||
| Bio-Rad Laboratories, Inc. Class A* |
329 | 30,229 | |||
| Bruker Corp.* |
2,269 | 24,210 | |||
| Charles River Laboratories International, Inc.* |
1,433 | 52,992 | |||
| Covance, Inc.* |
905 | 49,006 | |||
| Dionex Corp.* |
230 | 14,943 | |||
| Luminex Corp.* |
70 | 1,190 | |||
| PerkinElmer, Inc. |
2,274 | 43,752 | |||
| Techne Corp. |
337 | 21,079 | |||
| Varian, Inc.* |
435 | 22,211 | |||
| Total Life Sciences Tools & Services | 259,612 | ||||
| Machinery – 7.9% | |||||
| Actuant Corp. Class A |
1,442 | 23,159 | |||
| AGCO Corp.* |
3,195 | 88,278 | |||
| Astec Industries, Inc.* |
395 | 10,061 | |||
| Barnes Group, Inc. |
1,588 | 27,139 | |||
| Briggs & Stratton Corp.(a) |
335 | 6,502 | |||
| Investments | Shares | Value | |||
| Bucyrus International, Inc. |
2,331 | $ | 83,030 | ||
| CLARCOR, Inc. |
565 | 17,718 | |||
| Crane Co. |
2,061 | 53,194 | |||
| ESCO Technologies, Inc.* |
241 | 9,495 | |||
| Gardner Denver, Inc.* |
1,710 | 59,645 | |||
| Graco, Inc. |
1,268 | 35,339 | |||
| Harsco Corp. |
2,273 | 80,487 | |||
| IDEX Corp. |
1,419 | 39,661 | |||
| Joy Global, Inc. |
2,752 | 134,683 | |||
| Kaydon Corp. |
447 | 14,492 | |||
| Kennametal, Inc. |
1,945 | 47,866 | |||
| Lincoln Electric Holdings, Inc. |
970 | 46,026 | |||
| Manitowoc Co., Inc. (The) |
6,223 | 58,932 | |||
| Mueller Industries, Inc. |
901 | 21,507 | |||
| Mueller Water Products, Inc. Class A |
1,304 | 7,146 | |||
| Navistar International Corp.* |
3,123 | 116,863 | |||
| Nordson Corp. |
728 | 40,833 | |||
| Pentair, Inc. |
1,757 | 51,867 | |||
| Robbins & Myers, Inc. |
890 | 20,897 | |||
| Snap-On, Inc. |
1,183 | 41,121 | |||
| SPX Corp. |
2,069 | 126,768 | |||
| Stanley Works (The) |
1,915 | 81,751 | |||
| Terex Corp.* |
7,833 | 162,378 | |||
| Timken Co. |
4,188 | 98,125 | |||
| Toro Co. |
292 | 11,613 | |||
| Trinity Industries, Inc. |
4,003 | 68,812 | |||
| Valmont Industries, Inc. |
411 | 35,009 | |||
| Wabtec Corp. |
588 | 22,068 | |||
| Watts Water Technologies, Inc. Class A |
544 | 16,456 | |||
| Total Machinery | 1,758,921 | ||||
| Marine – 0.3% | |||||
| Alexander & Baldwin, Inc. |
736 | 23,618 | |||
| Kirby Corp.* |
1,186 | 43,669 | |||
| Total Marine | 67,287 | ||||
| Media – 2.2% | |||||
| DreamWorks Animation SKG, Inc. Class A* |
1,499 | 53,319 | |||
| Gannett Co., Inc. |
10,254 | 128,278 | |||
| Interactive Data Corp. |
1,130 | 29,617 | |||
| Interpublic Group of Cos., Inc.* |
11,397 | 85,705 | |||
| John Wiley & Sons, Inc. Class A |
807 | 28,068 | |||
| Lamar Advertising Co. Class A* |
227 | 6,229 | |||
| Marvel Entertainment, Inc.* |
1,053 | 52,250 | |||
| Meredith Corp. |
1,405 | 42,066 | |||
| Morningstar, Inc.* |
563 | 27,339 | |||
| Regal Entertainment Group Class A |
1,295 | 15,954 | |||
| World Wrestling Entertainment, Inc. Class A |
902 | 12,637 | |||
| Total Media | 481,462 | ||||
| Metals & Mining – 4.1% | |||||
| Allegheny Technologies, Inc. |
4,808 | 168,232 | |||
| Carpenter Technology Corp. |
1,462 | 34,196 | |||
| Commercial Metals Co. |
3,672 | 65,729 | |||
| Compass Minerals International, Inc. |
437 | 26,928 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 37 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Reliance Steel & Aluminum Co. |
4,668 | $ | 198,670 | ||
| Royal Gold, Inc. |
97 | 4,423 | |||
| Schnitzer Steel Industries, Inc. Class A |
1,409 | 75,029 | |||
| Steel Dynamics, Inc. |
10,860 | 166,593 | |||
| Titanium Metals Corp. |
4,270 | 40,949 | |||
| Walter Energy, Inc. |
1,756 | 105,465 | |||
| Worthington Industries, Inc. |
2,475 | 34,403 | |||
| Total Metals & Mining | 920,617 | ||||
| Multiline Retail – 1.4% | |||||
| Big Lots, Inc.* |
1,985 | 49,664 | |||
| Nordstrom, Inc. |
8,568 | 261,667 | |||
| Total Multiline Retail | 311,331 | ||||
| Multi-Utilities – 0.8% | |||||
| Avista Corp. |
751 | 15,185 | |||
| Black Hills Corp. |
544 | 13,693 | |||
| CH Energy Group, Inc. |
195 | 8,640 | |||
| CMS Energy Corp. |
2,378 | 31,865 | |||
| NorthWestern Corp. |
584 | 14,267 | |||
| OGE Energy Corp. |
2,039 | 67,450 | |||
| Vectren Corp. |
1,072 | 24,699 | |||
| Total Multi-Utilities | 175,799 | ||||
| Office Electronics – 0.1% | |||||
| Zebra Technologies Corp. Class A* |
1,081 | 28,030 | |||
| Oil, Gas & Consumable Fuels – 8.1% | |||||
| Alpha Natural Resources, Inc.* |
1,906 | 66,901 | |||
| Arch Coal, Inc. |
4,670 | 103,347 | |||
| Arena Resources, Inc.* |
554 | 19,667 | |||
| Bill Barrett Corp.* |
999 | 32,757 | |||
| Cimarex Energy Co. |
2,149 | 93,095 | |||
| Comstock Resources, Inc.* |
725 | 29,058 | |||
| Contango Oil & Gas Co.* |
264 | 13,480 | |||
| Denbury Resources, Inc.* |
9,403 | 142,267 | |||
| Encore Acquisition Co.* |
1,894 | 70,835 | |||
| Forest Oil Corp.* |
4,747 | 92,899 | |||
| Frontier Oil Corp. |
3,570 | 49,694 | |||
| Goodrich Petroleum Corp.* |
77 | 1,987 | |||
| Holly Corp. |
1,280 | 32,794 | |||
| Mariner Energy, Inc.* |
6,562 | 93,049 | |||
| Massey Energy Co. |
2,552 | 71,175 | |||
| McMoRan Exploration Co.* |
1,552 | 11,718 | |||
| NuStar GP Holdings LLC |
633 | 15,698 | |||
| Overseas Shipholding Group, Inc. |
1,909 | 71,339 | |||
| Penn Virginia Corp. |
799 | 18,305 | |||
| Pioneer Natural Resources Co. |
4,068 | 147,628 | |||
| Plains Exploration & Production Co.* |
8,554 | 236,604 | |||
| Quicksilver Resources, Inc.* |
3,466 | 49,182 | |||
| Southern Union Co. |
3,211 | 66,757 | |||
| St. Mary Land & Exploration Co. |
2,191 | 71,120 | |||
| Tesoro Corp. |
2,060 | 30,859 | |||
| W&T Offshore, Inc.(a) |
5,296 | 62,016 | |||
| Whiting Petroleum Corp.* |
1,765 | 101,629 | |||
| World Fuel Services Corp. |
510 | 24,516 | |||
| Total Oil, Gas & Consumable Fuels | 1,820,376 | ||||
| Investments | Shares | Value | |||
| Paper & Forest Products – 0.1% | |||||
| Clearwater Paper Corp.* |
287 | $ | 11,862 | ||
| MeadWestvaco Corp. |
951 | 21,217 | |||
| Total Paper & Forest Products | 33,079 | ||||
| Personal Products – 0.7% | |||||
| Alberto-Culver Co. |
879 | 24,331 | |||
| Chattem, Inc.* |
207 | 13,747 | |||
| NBTY, Inc.* |
2,162 | 85,572 | |||
| Nu Skin Enterprises, Inc. Class A |
1,201 | 22,254 | |||
| Total Personal Products | 145,904 | ||||
| Pharmaceuticals – 1.5% | |||||
| King Pharmaceuticals, Inc.* |
5,051 | 54,399 | |||
| Medicis Pharmaceutical Corp. Class A |
703 | 15,009 | |||
| Sepracor, Inc.* |
7,817 | 179,009 | |||
| Viropharma, Inc.* |
1,483 | 14,267 | |||
| Watson Pharmaceuticals, Inc.* |
1,646 | 60,310 | |||
| Total Pharmaceuticals | 322,994 | ||||
| Professional Services – 1.3% | |||||
| Corporate Executive Board Co. (The) |
706 | 17,579 | |||
| First Advantage Corp. Class A* |
818 | 15,174 | |||
| Huron Consulting Group, Inc.* |
137 | 3,539 | |||
| IHS, Inc. Class A* |
477 | 24,389 | |||
| Manpower, Inc. |
2,576 | 146,085 | |||
| Monster Worldwide, Inc.* |
2,667 | 46,619 | |||
| Navigant Consulting, Inc.* |
410 | 5,535 | |||
| Resources Connection, Inc.* |
600 | 10,236 | |||
| Watson Wyatt Worldwide, Inc. Class A |
629 | 27,399 | |||
| Total Professional Services | 296,555 | ||||
| Real Estate Investment Trusts (REITs) – 2.6% | |||||
| Alexander’s, Inc.* |
40 | 11,835 | |||
| Alexandria Real Estate Equities, Inc. |
294 | 15,979 | |||
| AMB Property Corp. |
1,464 | 33,599 | |||
| BioMed Realty Trust, Inc. |
1,080 | 14,904 | |||
| BRE Properties, Inc. |
316 | 9,891 | |||
| Camden Property Trust |
219 | 8,826 | |||
| Corporate Office Properties Trust SBI MD |
182 | 6,712 | |||
| DCT Industrial Trust, Inc. |
302 | 1,543 | |||
| Digital Realty Trust, Inc. |
94 | 4,297 | |||
| Duke Realty Corp. |
1,182 | 14,196 | |||
| EastGroup Properties, Inc. |
171 | 6,536 | |||
| Entertainment Properties Trust |
615 | 20,996 | |||
| Equity Lifestyle Properties, Inc. |
109 | 4,664 | |||
| Equity One, Inc.(a) |
775 | 12,144 | |||
| Essex Property Trust, Inc. |
103 | 8,197 | |||
| Extra Space Storage, Inc. |
768 | 8,102 | |||
| Franklin Street Properties Corp. |
521 | 6,825 | |||
| Healthcare Realty Trust, Inc. |
137 | 2,895 | |||
| Highwoods Properties, Inc. |
218 | 6,856 | |||
| Home Properties, Inc. |
137 | 5,903 | |||
| Hospitality Properties Trust |
1,817 | 37,012 | |||
| Inland Real Estate Corp. |
620 | 5,431 | |||
| Kilroy Realty Corp. |
213 | 5,909 | |||
See Notes to Financial Statements.
| 38 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree MidCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Liberty Property Trust |
911 | $ | 29,635 | ||
| Macerich Co. (The) |
777 | 23,566 | |||
| Mack-Cali Realty Corp. |
593 | 19,172 | |||
| Mid-America Apartment Communities, Inc. |
85 | 3,836 | |||
| National Retail Properties, Inc. |
1,140 | 24,476 | |||
| Nationwide Health Properties, Inc. |
819 | 25,381 | |||
| Omega Healthcare Investors, Inc. |
907 | 14,530 | |||
| Potlatch Corp. |
442 | 12,575 | |||
| PS Business Parks, Inc. |
73 | 3,746 | |||
| Realty Income Corp.(a) |
771 | 19,776 | |||
| Regency Centers Corp. |
659 | 24,416 | |||
| Senior Housing Properties Trust |
1,288 | 24,614 | |||
| SL Green Realty Corp. |
1,561 | 68,450 | |||
| Tanger Factory Outlet Centers, Inc. |
120 | 4,481 | |||
| Taubman Centers, Inc. |
232 | 8,370 | |||
| Washington Real Estate Investment Trust |
110 | 3,168 | |||
| Weingarten Realty Investors |
953 | 18,984 | |||
| Total Real Estate Investment Trusts (REITs) | 582,428 | ||||
| Real Estate Management & Development – 0.7% | |||||
| CB Richard Ellis Group, Inc. Class A* |
9,066 | 106,435 | |||
| Jones Lang LaSalle, Inc. |
999 | 47,322 | |||
| Total Real Estate Management & Development | 153,757 | ||||
| Road & Rail – 1.4% | |||||
| Amerco, Inc.* |
227 | 10,410 | |||
| Arkansas Best Corp. |
381 | 11,407 | |||
| Con-way, Inc. |
1,082 | 41,462 | |||
| Genesee & Wyoming, Inc. Class A* |
389 | 11,794 | |||
| Heartland Express, Inc. |
872 | 12,557 | |||
| Hertz Global Holdings, Inc.*(a) |
4,858 | 52,612 | |||
| Kansas City Southern* |
1,919 | 50,834 | |||
| Knight Transportation, Inc. |
695 | 11,662 | |||
| Landstar System, Inc. |
642 | 24,435 | |||
| Old Dominion Freight Line, Inc.* |
583 | 17,741 | |||
| Ryder System, Inc. |
1,245 | 48,630 | |||
| Werner Enterprises, Inc. |
650 | 12,110 | |||
| Total Road & Rail | 305,654 | ||||
| Semiconductors & Semiconductor Equipment – 1.9% | |||||
| Atheros Communications, Inc.* |
549 | 14,565 | |||
| Cree, Inc.* |
316 | 11,613 | |||
| Cymer, Inc.* |
495 | 19,236 | |||
| FEI Co.* |
344 | 8,479 | |||
| Hittite Microwave Corp.* |
334 | 12,284 | |||
| Integrated Device Technology, Inc.* |
1,663 | 11,242 | |||
| Intersil Corp. Class A |
3,927 | 60,122 | |||
| Microsemi Corp.* |
854 | 13,485 | |||
| MKS Instruments, Inc.* |
629 | 12,133 | |||
| Novellus Systems, Inc.* |
940 | 19,721 | |||
| ON Semiconductor Corp.* |
10,255 | 84,604 | |||
| PMC – Sierra, Inc.* |
4,786 | 45,754 | |||
| Semtech Corp.* |
696 | 11,839 | |||
| Silicon Laboratories, Inc.* |
335 | 15,531 | |||
| Skyworks Solutions, Inc.* |
4,058 | 53,728 | |||
| Investments | Shares | Value | |||
| Tessera Technologies, Inc.* |
165 | $ | 4,602 | ||
| Varian Semiconductor Equipment Associates, Inc.* |
951 | 31,231 | |||
| Total Semiconductors & Semiconductor Equipment | 430,169 | ||||
| Software – 2.3% | |||||
| Blackboard, Inc.* |
28 | 1,058 | |||
| Cadence Design Systems, Inc.* |
10,844 | 79,595 | |||
| Compuware Corp.* |
4,302 | 31,534 | |||
| Concur Technologies, Inc.* |
113 | 4,493 | |||
| Ebix, Inc.* |
195 | 10,795 | |||
| FactSet Research Systems, Inc. |
598 | 39,612 | |||
| Fair Isaac Corp. |
1,137 | 24,434 | |||
| Informatica Corp.* |
816 | 18,425 | |||
| Jack Henry & Associates, Inc. |
1,112 | 26,099 | |||
| Micros Systems, Inc.* |
1,350 | 40,756 | |||
| Novell, Inc.* |
153 | 690 | |||
| Parametric Technology Corp.* |
1,420 | 19,624 | |||
| Progress Software Corp.* |
580 | 13,137 | |||
| Red Hat, Inc.* |
1,247 | 34,467 | |||
| Rovi Corp.* |
425 | 14,280 | |||
| Solera Holdings, Inc. |
111 | 3,453 | |||
| Sybase, Inc.* |
1,420 | 55,238 | |||
| Synopsys, Inc.* |
2,030 | 45,513 | |||
| Take-Two Interactive Software, Inc.* |
2,305 | 25,839 | |||
| TIBCO Software, Inc.* |
1,910 | 18,126 | |||
| Total Software | 507,168 | ||||
| Specialty Retail – 4.8% | |||||
| Aaron’s, Inc.(a) |
574 | 15,154 | |||
| Abercrombie & Fitch Co. Class A |
3,690 | 121,327 | |||
| Aeropostale, Inc.* |
1,563 | 67,944 | |||
| American Eagle Outfitters, Inc. |
5,733 | 96,658 | |||
| Barnes & Noble, Inc.(a) |
1,336 | 29,686 | |||
| Buckle, Inc. (The)(a) |
915 | 31,238 | |||
| Carmax, Inc.* |
2,526 | 52,793 | |||
| Dick’s Sporting Goods, Inc.* |
2,028 | 45,427 | |||
| Foot Locker, Inc. |
2,713 | 32,420 | |||
| Guess ?, Inc. |
3,003 | 111,231 | |||
| Gymboree Corp.* |
755 | 36,527 | |||
| Penske Auto Group, Inc. |
3,378 | 64,790 | |||
| PetSmart, Inc. |
2,091 | 45,479 | |||
| RadioShack Corp. |
3,949 | 65,435 | |||
| Rent-A-Center, Inc.* |
1,359 | 25,658 | |||
| Sally Beauty Holdings, Inc.* |
2,975 | 21,152 | |||
| Tiffany & Co. |
2,471 | 95,208 | |||
| Tractor Supply Co.* |
528 | 25,566 | |||
| Williams-Sonoma, Inc. |
4,291 | 86,807 | |||
| Total Specialty Retail | 1,070,500 | ||||
| Textiles, Apparel & Luxury Goods – 1.5% | |||||
| Carter’s, Inc.* |
783 | 20,906 | |||
| Columbia Sportswear Co.(a) |
672 | 27,660 | |||
| Deckers Outdoor Corp.* |
220 | 18,667 | |||
| Fossil, Inc.* |
1,890 | 53,770 | |||
| Hanesbrands, Inc.* |
2,450 | 52,430 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 39 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree MidCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Lululemon Athletica, Inc.* |
949 | $ | 21,590 | ||
| Phillips-Van Heusen Corp. |
1,603 | 68,592 | |||
| Under Armour, Inc. Class A*(a) |
382 | 10,631 | |||
| Warnaco Group, Inc. (The)* |
791 | 34,693 | |||
| Wolverine World Wide, Inc. |
958 | 23,797 | |||
| Total Textiles, Apparel & Luxury Goods | 332,736 | ||||
| Thrifts & Mortgage Finance – 0.3% | |||||
| Astoria Financial Corp. |
786 | 8,678 | |||
| Beneficial Mutual Bancorp, Inc.* |
348 | 3,177 | |||
| First Niagara Financial Group, Inc. |
1,006 | 12,404 | |||
| Kearny Financial Corp. |
126 | 1,313 | |||
| NewAlliance Bancshares, Inc. |
703 | 7,522 | |||
| Northwest Bancorp, Inc. |
510 | 11,648 | |||
| Oritani Financial Corp. |
102 | 1,391 | |||
| Provident Financial Services, Inc. |
528 | 5,433 | |||
| TrustCo Bank Corp. |
683 | 4,269 | |||
| Washington Federal, Inc. |
665 | 11,212 | |||
| Total Thrifts & Mortgage Finance | 67,047 | ||||
| Tobacco – 0.2% | |||||
| Universal Corp. |
654 | 27,350 | |||
| Vector Group Ltd. |
994 | 15,487 | |||
| Total Tobacco | 42,837 | ||||
| Trading Companies & Distributors – 0.7% | |||||
| Applied Industrial Technologies, Inc. |
985 | 20,843 | |||
| GATX Corp. |
1,410 | 39,409 | |||
| MSC Industrial Direct Co. Class A |
1,115 | 48,592 | |||
| RSC Holdings, Inc.* |
3,686 | 26,797 | |||
| Watsco, Inc. |
335 | 18,060 | |||
| Total Trading Companies & Distributors | 153,701 | ||||
| Water Utilities – 0.0% | |||||
| California Water Service Group |
191 | 7,438 | |||
| Wireless Telecommunication Services – 0.2% | |||||
| Centennial Communications Corp.* |
827 | 6,599 | |||
| Syniverse Holdings, Inc.* |
1,582 | 27,685 | |||
| Total Wireless Telecommunication Services | 34,284 | ||||
| TOTAL COMMON STOCKS (Cost: $22,001,672) |
22,283,642 | ||||
| Investments | Shares | Value | ||||
| SHORT-TERM INVESTMENT – 0.1% | ||||||
| MONEY MARKET FUND – 0.1% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $33,549) |
33,549 | $ | 33,549 | |||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.0% | ||||||
| MONEY MARKET FUND – 2.0% | ||||||
| Dreyfus Institutional Preferred Money Market (Cost: $442,004)(d) |
442,004 | 442,004 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 101.8% (Cost: $22,477,225)(e) |
22,759,195 | |||||
| Liabilities in Excess of Other Assets – (1.8)% |
(408,577 | ) | ||||
| NET ASSETS – 100.0% | $ | 22,350,618 | ||||
| * | Non-income producing security. |
| † | Security is being fair valued by a valuation committee under the direction of the Board of Trustees. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $427,662 and the total market value of the collateral held by the Fund was $442,004. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 40 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree SmallCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.6% | |||||
| Aerospace & Defense – 1.1% | |||||
| AAR Corp.* |
7,316 | $ | 160,513 | ||
| American Science & Engineering, Inc. |
367 | 24,971 | |||
| Applied Signal Technology, Inc. |
822 | 19,128 | |||
| Argon ST, Inc.* |
1,297 | 24,708 | |||
| Ducommun, Inc. |
1,917 | 36,250 | |||
| GenCorp, Inc.* |
11,826 | 63,387 | |||
| GeoEye, Inc.* |
3,791 | 101,599 | |||
| Ladish Co., Inc.* |
3,434 | 51,956 | |||
| LMI Aerospace, Inc.* |
3,004 | 30,130 | |||
| Taser International, Inc.* |
1,450 | 6,844 | |||
| Triumph Group, Inc. |
3,444 | 165,278 | |||
| Total Aerospace & Defense | 684,764 | ||||
| Air Freight & Logistics – 0.4% | |||||
| Atlas Air Worldwide Holdings, Inc.* |
4,612 | 147,446 | |||
| Dynamex, Inc.* |
2,133 | 34,832 | |||
| Pacer International, Inc. |
11,636 | 44,915 | |||
| Total Air Freight & Logistics | 227,193 | ||||
| Airlines – 0.2% | |||||
| Hawaiian Holdings, Inc.* |
2,601 | 21,484 | |||
| Republic Airways Holdings, Inc.* |
13,413 | 125,144 | |||
| Total Airlines | 146,628 | ||||
| Auto Components – 0.5% | |||||
| Drew Industries, Inc.* |
2,889 | 62,662 | |||
| Exide Technologies* |
17,736 | 141,356 | |||
| Fuel Systems Solutions, Inc.*(a) |
1,335 | 48,047 | |||
| Stoneridge, Inc.* |
7,023 | 49,723 | |||
| Total Auto Components | 301,788 | ||||
| Beverages – 0.2% | |||||
| Boston Beer Co., Inc. Class A* |
584 | 21,655 | |||
| Coca-Cola Bottling Co. Consolidated |
215 | 10,412 | |||
| Heckmann Corp.* |
1,327 | 6,078 | |||
| National Beverage Corp.* |
4,557 | 52,451 | |||
| Total Beverages | 90,596 | ||||
| Biotechnology – 0.1% | |||||
| Maxygen, Inc.* |
6,736 | 45,064 | |||
| Repligen Corp.* |
2,012 | 10,080 | |||
| Total Biotechnology | 55,144 | ||||
| Building Products – 0.8% | |||||
| AAON, Inc. |
2,078 | 41,726 | |||
| Ameron International Corp. |
1,583 | 110,779 | |||
| Apogee Enterprises, Inc. |
8,042 | 120,791 | |||
| Gibraltar Industries, Inc. |
6,226 | 82,619 | |||
| Griffon Corp.* |
2,601 | 26,192 | |||
| Insteel Industries, Inc. |
5,978 | 71,437 | |||
| NCI Building Systems, Inc.*(a) |
7,639 | 24,445 | |||
| Quanex Building Products Corp. |
281 | 4,035 | |||
| Total Building Products | 482,024 | ||||
| Capital Markets – 1.6% | |||||
| BlackRock Kelso Capital Corp. |
7,961 | 59,071 | |||
| Investments | Shares | Value | |||
| Cohen & Steers, Inc.(a) |
6,326 | $ | 151,824 | ||
| Epoch Holding Corp. |
1,044 | 9,135 | |||
| Evercore Partners, Inc. Class A |
430 | 12,564 | |||
| GFI Group, Inc. |
36,935 | 267,040 | |||
| Hercules Technology Growth Capital, Inc. |
11,202 | 110,004 | |||
| LaBranche & Co., Inc.* |
9,852 | 33,497 | |||
| Penson Worldwide, Inc.*(a) |
6,802 | 66,251 | |||
| Prospect Capital Corp.(a) |
8,484 | 90,864 | |||
| Sanders Morris Harris Group, Inc. |
9,136 | 53,994 | |||
| SWS Group, Inc. |
2,971 | 42,782 | |||
| TradeStation Group, Inc.* |
8,073 | 65,795 | |||
| Westwood Holdings Group, Inc. |
492 | 17,072 | |||
| Total Capital Markets | 979,893 | ||||
| Chemicals – 6.4% | |||||
| American Vanguard Corp. |
2,692 | 22,371 | |||
| Ashland, Inc. |
21,600 | 933,552 | |||
| Balchem Corp. |
1,302 | 34,243 | |||
| GenTek, Inc.* |
3,310 | 125,912 | |||
| ICO, Inc.* |
10,986 | 51,305 | |||
| Innophos Holdings, Inc. |
14,981 | 277,148 | |||
| Innospec, Inc. |
7,547 | 111,318 | |||
| Koppers Holdings, Inc. |
4,497 | 133,336 | |||
| Kronos Worldwide, Inc. |
884 | 9,114 | |||
| Landec Corp.* |
2,786 | 17,830 | |||
| LSB Industries, Inc.* |
5,905 | 91,941 | |||
| NewMarket Corp. |
3,614 | 336,247 | |||
| OM Group, Inc.* |
17,867 | 542,978 | |||
| PolyOne Corp.* |
8,474 | 56,522 | |||
| Quaker Chemical Corp. |
2,043 | 44,803 | |||
| Rockwood Holdings, Inc.* |
19,636 | 403,912 | |||
| Schulman A., Inc. |
778 | 15,506 | |||
| Stepan Co. |
1,022 | 61,402 | |||
| W.R. Grace & Co.* |
32,818 | 713,463 | |||
| Zoltek Cos., Inc.*(a) |
2,449 | 25,714 | |||
| Total Chemicals | 4,008,617 | ||||
| Commercial Banks – 2.7% | |||||
| 1st Source Corp. |
2,103 | 34,279 | |||
| Ameris Bancorp |
1,085 | 7,758 | |||
| Arrow Financial Corp. |
1,429 | 38,997 | |||
| Bancfirst Corp. |
1,605 | 59,273 | |||
| Bank of the Ozarks, Inc. |
1,974 | 52,370 | |||
| Banner Corp.(a) |
1,766 | 4,821 | |||
| Capital City Bank Group, Inc.(a) |
1,399 | 19,866 | |||
| Cardinal Financial Corp. |
862 | 7,094 | |||
| Cascade Bancorp(a) |
1,431 | 1,732 | |||
| Center Financial Corp. |
3,672 | 14,027 | |||
| Chemical Financial Corp. |
1,703 | 37,108 | |||
| City Bank(a) |
3,568 | 9,241 | |||
| City Holding Co. |
1,850 | 55,148 | |||
| CoBiz Financial, Inc. |
2,318 | 11,544 | |||
| Columbia Banking System, Inc. |
1,769 | 29,277 | |||
| Community Trust Bancorp, Inc. |
1,297 | 33,942 | |||
| Enterprise Financial Services Corp. |
1,419 | 13,126 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 41 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| First Bancorp |
1,954 | $ | 35,270 | ||
| First Busey Corp.(a) |
2,410 | 11,327 | |||
| First Community Bancshares, Inc. |
1,151 | 14,526 | |||
| First Financial Bancorp |
3,970 | 47,839 | |||
| First Financial Corp. |
989 | 30,303 | |||
| First Merchants Corp. |
2,135 | 14,881 | |||
| Frontier Financial Corp.*(a) |
8,604 | 9,378 | |||
| Green Bankshares, Inc.(a) |
1,075 | 5,375 | |||
| Harleysville National Corp. |
2,753 | 14,673 | |||
| Heartland Financial USA, Inc. |
1,461 | 21,550 | |||
| Home Bancshares, Inc.(a) |
1,430 | 31,346 | |||
| Independent Bank Corp. |
1,973 | 43,662 | |||
| Lakeland Bancorp, Inc. |
2,445 | 18,338 | |||
| Lakeland Financial Corp. |
1,398 | 28,869 | |||
| MainSource Financial Group, Inc. |
2,072 | 14,090 | |||
| Nara Bancorp, Inc. |
3,373 | 23,442 | |||
| Old Second Bancorp, Inc.(a) |
2,413 | 13,826 | |||
| Peoples Bancorp, Inc. |
1,057 | 13,794 | |||
| Pinnacle Financial Partners, Inc.* |
1,611 | 20,476 | |||
| Renasant Corp. |
3,123 | 46,377 | |||
| Republic Bancorp, Inc. Class A |
2,414 | 48,183 | |||
| S.Y. Bancorp, Inc.(a) |
1,424 | 32,880 | |||
| Sandy Spring Bancorp, Inc.(a) |
2,171 | 35,344 | |||
| Santander BanCorp* |
2,004 | 19,539 | |||
| SCBT Financial Corp. |
831 | 23,351 | |||
| Sierra Bancorp(a) |
1,424 | 17,102 | |||
| Simmons First National Corp. Class A |
1,388 | 39,988 | |||
| Southside Bancshares, Inc. |
1,921 | 43,261 | |||
| Southwest Bancorp, Inc. |
1,890 | 26,536 | |||
| StellarOne Corp. |
1,419 | 20,930 | |||
| Sterling Bancorp |
1,980 | 14,296 | |||
| Sterling Bancshares, Inc. |
10,986 | 80,308 | |||
| Sterling Financial Corp.*(a) |
8,554 | 17,108 | |||
| Suffolk Bancorp |
1,239 | 36,687 | |||
| Sun Bancorp, Inc.* |
3,030 | 15,998 | |||
| Texas Capital Bancshares, Inc.* |
3,065 | 51,615 | |||
| Tompkins Financial Corp. |
862 | 37,669 | |||
| Trico Bancshares |
1,175 | 19,270 | |||
| UCBH Holdings, Inc.(a) |
6,578 | 5,262 | |||
| Union Bankshares Corp. |
962 | 11,977 | |||
| United Security Bancshares* |
497 | 2,236 | |||
| Univest Corp. of Pennsylvania |
1,179 | 25,549 | |||
| Virginia Commerce Bancorp* |
5,739 | 22,899 | |||
| Washington Trust Bancorp, Inc. |
2,196 | 38,474 | |||
| Wilshire Bancorp, Inc. |
4,836 | 35,496 | |||
| Wintrust Financial Corp. |
2,696 | 75,380 | |||
| Total Commercial Banks | 1,686,283 | ||||
| Commercial Services & Supplies – 2.9% | |||||
| American Ecology Corp. |
1,729 | 32,332 | |||
| American Reprographics Co.* |
14,273 | 135,879 | |||
| Amrep Corp.* |
280 | 3,696 | |||
| ATC Technology Corp.* |
4,016 | 79,356 | |||
| Cenveo, Inc.* |
10,649 | 73,691 | |||
| Investments | Shares | Value | |||
| Consolidated Graphics, Inc.* |
4,022 | $ | 100,349 | ||
| Cornell Cos., Inc.* |
1,737 | 38,978 | |||
| Courier Corp. |
650 | 9,848 | |||
| Deluxe Corp. |
12,134 | 207,491 | |||
| Ennis, Inc. |
5,966 | 96,232 | |||
| Fuel Tech, Inc.* |
1,398 | 15,658 | |||
| G&K Services, Inc. Class A |
2,634 | 58,369 | |||
| HNI Corp. |
7,224 | 170,486 | |||
| Innerworkings, Inc.* |
6,339 | 31,315 | |||
| Interface, Inc. Class A |
18,662 | 154,895 | |||
| Knoll, Inc. |
14,360 | 149,775 | |||
| M&F Worldwide Corp.* |
5,908 | 119,578 | |||
| McGrath Rentcorp |
3,273 | 69,617 | |||
| Mobile Mini, Inc.* |
4,322 | 75,030 | |||
| Multi-Color Corp. |
2,011 | 31,030 | |||
| Schawk, Inc. |
802 | 9,359 | |||
| Standard Parking Corp.* |
1,481 | 25,903 | |||
| Standard Register Co. (The) |
4,774 | 28,071 | |||
| Team, Inc.* |
1,421 | 24,086 | |||
| Viad Corp. |
2,784 | 55,429 | |||
| Waste Services, Inc.* |
3,218 | 14,867 | |||
| Total Commercial Services & Supplies | 1,811,320 | ||||
| Communications Equipment – 2.7% | |||||
| Acme Packet, Inc.* |
4,822 | 48,268 | |||
| Airvana, Inc.* |
28,316 | 191,699 | |||
| Anaren, Inc.* |
928 | 15,776 | |||
| Bel Fuse, Inc. Class B |
1,209 | 23,007 | |||
| Black Box Corp. |
2,693 | 67,567 | |||
| Blue Coat Systems, Inc.* |
3,189 | 72,040 | |||
| Ciena Corp.* |
24,933 | 405,909 | |||
| Cogo Group, Inc.* |
6,662 | 40,772 | |||
| DG FastChannel, Inc.* |
1,360 | 28,479 | |||
| Digi International, Inc.* |
2,536 | 21,607 | |||
| EMS Technologies, Inc.* |
1,211 | 25,213 | |||
| Extreme Networks, Inc.* |
4,501 | 12,603 | |||
| Globecomm Systems, Inc.* |
7,360 | 53,507 | |||
| Harmonic, Inc.* |
16,124 | 107,708 | |||
| Hughes Communications, Inc.* |
2,080 | 63,107 | |||
| Ixia* |
1,734 | 11,895 | |||
| Netgear, Inc.* |
5,255 | 96,429 | |||
| Opnext, Inc.* |
7,423 | 21,749 | |||
| PC-Tel, Inc.* |
5,778 | 36,113 | |||
| Plantronics, Inc. |
8,624 | 231,210 | |||
| Seachange International, Inc.* |
2,512 | 18,840 | |||
| Sonus Networks, Inc.* |
1,983 | 4,204 | |||
| Viasat, Inc.* |
2,504 | 66,556 | |||
| Total Communications Equipment | 1,664,258 | ||||
| Computers & Peripherals – 0.5% | |||||
| Adaptec, Inc.* |
1,923 | 6,423 | |||
| Imation Corp. |
3,212 | 29,775 | |||
| Netezza Corp.* |
3,035 | 34,113 | |||
| Novatel Wireless, Inc.*(a) |
6,121 | 69,535 | |||
| Rimage Corp.* |
1,669 | 28,523 | |||
See Notes to Financial Statements.
| 42 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| STEC, Inc.*(a) |
2,385 | $ | 70,095 | ||
| Stratasys, Inc.* |
2,351 | 40,343 | |||
| Super Micro Computer, Inc.* |
6,847 | 57,926 | |||
| Total Computers & Peripherals | 336,733 | ||||
| Construction & Engineering – 1.0% | |||||
| Comfort Systems USA, Inc. |
7,054 | 81,756 | |||
| Dycom Industries, Inc.* |
5,177 | 63,677 | |||
| Furmanite Corp.* |
6,278 | 27,058 | |||
| Great Lakes Dredge & Dock Corp. |
2,349 | 16,396 | |||
| Insituform Technologies, Inc. Class A* |
1,614 | 30,892 | |||
| Layne Christensen Co.* |
3,977 | 127,463 | |||
| MasTec, Inc.* |
9,321 | 113,250 | |||
| Michael Baker Corp.* |
1,426 | 51,821 | |||
| Northwest Pipe Co.* |
1,295 | 43,421 | |||
| Pike Electric Corp.* |
4,093 | 49,034 | |||
| Sterling Construction Co., Inc.* |
1,551 | 27,779 | |||
| Total Construction & Engineering | 632,547 | ||||
| Construction Materials – 0.0% | |||||
| Headwaters, Inc.* |
3,805 | 14,725 | |||
| Consumer Finance – 1.2% | |||||
| Advance America, Cash Advance Centers, Inc. |
41,788 | 234,013 | |||
| Compucredit Corp.* |
2,565 | 12,081 | |||
| Credit Acceptance Corp.*(a) |
6,742 | 217,025 | |||
| Dollar Financial Corp.* |
8,520 | 136,490 | |||
| First Cash Financial Services, Inc.* |
2,662 | 45,600 | |||
| Nelnet, Inc. Class A* |
1,829 | 22,753 | |||
| World Acceptance Corp.*(a) |
4,079 | 102,832 | |||
| Total Consumer Finance | 770,794 | ||||
| Containers & Packaging – 0.1% | |||||
| Bway Holding Co.* |
965 | 17,862 | |||
| Myers Industries, Inc. |
2,692 | 28,993 | |||
| Total Containers & Packaging | 46,855 | ||||
| Distributors – 0.1% | |||||
| Core-Mark Holding Co., Inc.* |
1,109 | 31,717 | |||
| Diversified Consumer Services – 0.8% | |||||
| Jackson Hewitt Tax Service, Inc. |
2,911 | 14,846 | |||
| K12, Inc.*(a) |
2,353 | 38,777 | |||
| Learning Tree International, Inc.* |
3,149 | 35,867 | |||
| Lincoln Educational Services Corp.* |
1,987 | 45,463 | |||
| Pre-Paid Legal Services, Inc.* |
2,199 | 111,709 | |||
| Regis Corp. |
9,600 | 148,800 | |||
| Stewart Enterprises, Inc. Class A |
19,772 | 103,408 | |||
| Universal Technical Institute, Inc.* |
713 | 14,046 | |||
| Total Diversified Consumer Services | 512,916 | ||||
| Diversified Financial Services – 0.6% | |||||
| Asset Acceptance Capital Corp.* |
4,124 | 29,899 | |||
| Encore Capital Group, Inc.* |
5,301 | 71,298 | |||
| Financial Federal Corp. |
3,403 | 83,986 | |||
| Life Partners Holdings, Inc.(a) |
1,142 | 20,442 | |||
| MarkeTaxess Holdings, Inc.* |
1,553 | 18,714 | |||
| Medallion Financial Corp. |
3,383 | 28,282 | |||
| Investments | Shares | Value | |||
| NewStar Financial, Inc.* |
10,900 | $ | 35,861 | ||
| Portfolio Recovery Associates, Inc.*(a) |
2,074 | 94,014 | |||
| Triplecrown Acquisition Corp.* |
677 | 6,567 | |||
| Total Diversified Financial Services | 389,063 | ||||
| Diversified Telecommunication Services – 1.1% | |||||
| Alaska Communications Systems Group, Inc. |
22,742 | 210,363 | |||
| Atlantic Tele-Network, Inc. |
2,323 | 124,095 | |||
| Cbeyond, Inc.* |
1,605 | 25,889 | |||
| Cincinnati Bell, Inc.* |
60,291 | 211,018 | |||
| Consolidated Communications Holdings, Inc. |
1,017 | 16,282 | |||
| General Communication, Inc. Class A* |
1,829 | 12,547 | |||
| Iowa Telecommunications Services, Inc. |
2,865 | 36,099 | |||
| Premiere Global Services, Inc.* |
6,413 | 53,292 | |||
| Total Diversified Telecommunication Services | 689,585 | ||||
| Electric Utilities – 0.1% | |||||
| Central Vermont Public Service Corp. |
1,583 | 30,552 | |||
| Empire District Electric Co. (The)(a) |
2,902 | 52,497 | |||
| Total Electric Utilities | 83,049 | ||||
| Electrical Equipment – 1.3% | |||||
| Advanced Battery Technologies, Inc.*(a) |
8,568 | 37,185 | |||
| AZZ, Inc.* |
2,195 | 88,173 | |||
| Encore Wire Corp.(a) |
1,859 | 41,530 | |||
| EnerSys* |
12,467 | 275,770 | |||
| Harbin Electric, Inc.* |
4,651 | 78,509 | |||
| II-VI, Inc.* |
5,127 | 130,431 | |||
| LSI Industries, Inc. |
335 | 2,228 | |||
| Polypore International, Inc.* |
7,758 | 100,156 | |||
| Powell Industries, Inc.* |
1,151 | 44,187 | |||
| Ultralife Corp.* |
1,831 | 11,096 | |||
| Vicor Corp.* |
494 | 3,813 | |||
| Total Electrical Equipment | 813,078 | ||||
| Electronic Equipment, Instruments & Components – 4.1% |
|||||
| Brightpoint, Inc.* |
9,939 | 86,966 | |||
| Checkpoint Systems, Inc.* |
7,979 | 131,175 | |||
| Cognex Corp. |
4,497 | 73,661 | |||
| CPI International, Inc.* |
3,142 | 35,159 | |||
| CTS Corp. |
6,059 | 56,349 | |||
| Daktronics, Inc. |
5,010 | 42,936 | |||
| DTS, Inc.* |
894 | 24,478 | |||
| Electro Rent Corp. |
2,600 | 29,952 | |||
| Electro Scientific Industries, Inc.* |
1,270 | 17,005 | |||
| FARO Technologies, Inc.* |
1,917 | 32,934 | |||
| Insight Enterprises, Inc.* |
22,370 | 273,138 | |||
| IPG Photonics Corp.* |
4,353 | 66,166 | |||
| L-1 Identity Solutions, Inc.* |
5,843 | 40,842 | |||
| Littelfuse, Inc.* |
2,764 | 72,527 | |||
| Methode Electronics, Inc. |
7,682 | 66,603 | |||
| MTS Systems Corp. |
2,844 | 83,073 | |||
| Multi-Fineline Electronix, Inc.* |
5,498 | 157,848 | |||
| Newport Corp.* |
6,049 | 52,989 | |||
| OSI Systems, Inc.* |
1,892 | 34,605 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 43 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Park Electrochemical Corp. |
2,323 | $ | 57,262 | ||
| PC Connection, Inc.* |
5,454 | 29,670 | |||
| Plexus Corp.* |
8,238 | 216,989 | |||
| Rogers Corp.* |
1,552 | 46,513 | |||
| Scansource, Inc.* |
4,806 | 136,106 | |||
| SYNNEX Corp.* |
12,080 | 368,198 | |||
| Technitrol, Inc. |
17,866 | 164,546 | |||
| TTM Technologies, Inc.* |
13,833 | 158,664 | |||
| Zygo Corp.* |
594 | 4,027 | |||
| Total Electronic Equipment, Instruments & Components |
2,560,381 | ||||
| Energy Equipment & Services – 6.7% | |||||
| Allis-Chalmers Energy, Inc.* |
15,266 | 66,560 | |||
| Basic Energy Services, Inc.* |
11,202 | 95,105 | |||
| Boots & Coots, Inc.* |
25,508 | 41,068 | |||
| Bristow Group, Inc.* |
5,306 | 157,535 | |||
| Bronco Drilling Co., Inc.* |
4,048 | 26,514 | |||
| Cal Dive International, Inc.* |
21,864 | 216,235 | |||
| Complete Production Services, Inc.* |
32,192 | 363,770 | |||
| Dawson Geophysical Co.* |
3,181 | 87,096 | |||
| Gulf Island Fabrication, Inc. |
4,141 | 77,602 | |||
| Helix Energy Solutions Group, Inc.* |
66,365 | 994,148 | |||
| Hercules Offshore, Inc.* |
26,988 | 132,511 | |||
| Hornbeck Offshore Services, Inc.* |
10,557 | 290,951 | |||
| ION Geophysical Corp.* |
34,909 | 122,880 | |||
| Key Energy Services, Inc.* |
55,446 | 482,380 | |||
| Matrix Service Co.* |
4,575 | 49,730 | |||
| NATCO Group, Inc. Class A* |
3,861 | 170,965 | |||
| Natural Gas Services Group, Inc.* |
2,695 | 47,486 | |||
| Newpark Resources* |
14,062 | 45,139 | |||
| OYO Geospace Corp.* |
1,210 | 31,254 | |||
| Parker Drilling Co.* |
51,306 | 280,131 | |||
| PHI, Inc.* |
2,225 | 45,123 | |||
| Pioneer Drilling Co.* |
22,107 | 162,265 | |||
| Superior Well Services, Inc.* |
5,579 | 54,005 | |||
| T-3 Energy Services, Inc.* |
4,776 | 94,087 | |||
| Tetra Technologies, Inc.* |
1,911 | 18,518 | |||
| Union Drilling, Inc.* |
4,478 | 34,212 | |||
| Total Energy Equipment & Services | 4,187,270 | ||||
| Food & Staples Retailing – 0.9% | |||||
| Andersons, Inc. (The) |
7,572 | 266,534 | |||
| Ingles Markets, Inc. Class A |
5,038 | 79,752 | |||
| Nash Finch Co. |
1,428 | 39,042 | |||
| Pantry, Inc. (The)* |
2,352 | 36,879 | |||
| Pricesmart, Inc. |
3,000 | 56,250 | |||
| Spartan Stores, Inc. |
2,318 | 32,753 | |||
| Susser Holdings Corp.* |
1,830 | 23,003 | |||
| Total Food & Staples Retailing | 534,213 | ||||
| Food Products – 1.4% | |||||
| Alico, Inc. |
89 | 2,616 | |||
| American Dairy, Inc.*(a) |
1,767 | 50,059 | |||
| American Italian Pasta Co. Class A* |
958 | 26,038 | |||
| B&G Foods, Inc. Class A |
4,651 | 38,092 | |||
| Investments | Shares | Value | |||
| Cal-Maine Foods, Inc.(a) |
8,257 | $ | 221,040 | ||
| Chiquita Brands International, Inc.* |
6,044 | 97,671 | |||
| Darling International, Inc.* |
25,248 | 185,573 | |||
| Diamond Foods, Inc. |
894 | 28,358 | |||
| Hain Celestial Group, Inc.* |
3,248 | 62,264 | |||
| J&J Snack Foods Corp. |
1,398 | 60,379 | |||
| Lance, Inc. |
773 | 19,959 | |||
| Lifeway Foods, Inc.*(a) |
495 | 5,440 | |||
| Sanderson Farms, Inc. |
1,575 | 59,283 | |||
| Total Food Products | 856,772 | ||||
| Gas Utilities – 0.0% | |||||
| Chesapeake Utilities Corp. |
713 | 22,096 | |||
| Health Care Equipment & Supplies – 2.0% | |||||
| Abaxis, Inc.* |
1,181 | 31,592 | |||
| Accuray, Inc.* |
1,637 | 10,641 | |||
| Align Technology, Inc.* |
3,692 | 52,500 | |||
| American Medical Systems Holdings, Inc.* |
5,731 | 96,969 | |||
| Analogic Corp. |
1,182 | 43,758 | |||
| Angiodynamics, Inc.* |
1,551 | 21,373 | |||
| Cantel Medical Corp.* |
897 | 13,509 | |||
| Cardiac Science Corp.* |
1,857 | 7,428 | |||
| Cooper Cos., Inc. (The) |
1,582 | 47,033 | |||
| Cryolife, Inc.* |
2,135 | 17,016 | |||
| Cutera, Inc.* |
556 | 4,809 | |||
| Cyberonics, Inc.* |
1,058 | 16,865 | |||
| Cynosure, Inc. Class A* |
3,012 | 35,090 | |||
| Greatbatch, Inc.* |
774 | 17,392 | |||
| ICU Medical, Inc.* |
1,087 | 40,067 | |||
| Invacare Corp. |
2,849 | 63,476 | |||
| IRIS International, Inc.* |
915 | 10,339 | |||
| Kensey Nash Corp.* |
1,388 | 40,183 | |||
| Medical Action Industries, Inc.* |
1,430 | 17,260 | |||
| Merit Medical Systems, Inc.* |
1,768 | 30,639 | |||
| Natus Medical, Inc.* |
1,636 | 25,243 | |||
| Neogen Corp.* |
870 | 28,092 | |||
| Palomar Medical Technologies, Inc.* |
459 | 7,440 | |||
| Quidel Corp.* |
2,579 | 41,857 | |||
| Rochester Medical Corp.* |
282 | 3,395 | |||
| Sirona Dental Systems, Inc.* |
13,339 | 396,835 | |||
| Somanetics Corp.* |
865 | 13,944 | |||
| SonoSite, Inc.* |
932 | 24,661 | |||
| SurModics, Inc.*(a) |
1,017 | 25,018 | |||
| Symmetry Medical, Inc.* |
1,368 | 14,186 | |||
| Synovis Life Technologies, Inc.* |
553 | 7,631 | |||
| Vascular Solutions, Inc.* |
335 | 2,770 | |||
| Wright Medical Group, Inc.* |
651 | 11,627 | |||
| Zoll Medical Corp.* |
1,888 | 40,630 | |||
| Total Health Care Equipment & Supplies | 1,261,268 | ||||
| Health Care Providers & Services – 3.2% | |||||
| Air Methods Corp.* |
1,501 | 48,888 | |||
| Alliance Healthcare Services, Inc.* |
3,495 | 19,782 | |||
| Almost Family, Inc.* |
459 | 13,655 | |||
See Notes to Financial Statements.
| 44 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| AMN Healthcare Services, Inc.* |
6,755 | $ | 64,240 | ||
| Amsurg Corp.* |
3,290 | 69,847 | |||
| Assisted Living Concepts, Inc. Class A* |
1,023 | 21,197 | |||
| Bio-Reference Labs, Inc.* |
928 | 31,923 | |||
| Corvel Corp.* |
1,787 | 50,751 | |||
| Cross Country Healthcare, Inc.* |
4,607 | 42,891 | |||
| Hanger Orthopedic Group, Inc.* |
2,073 | 28,752 | |||
| Health Management Associates, Inc. Class A* |
69,861 | 523,259 | |||
| Healthways, Inc.* |
7,918 | 121,304 | |||
| inVentiv Health, Inc.* |
6,546 | 109,515 | |||
| IPC The Hospitalist Co., Inc.* |
1,236 | 38,872 | |||
| Kindred Healthcare, Inc.* |
6,415 | 104,115 | |||
| Landauer, Inc. |
522 | 28,700 | |||
| LHC Group, Inc.* |
1,025 | 30,678 | |||
| Medcath Corp.* |
2,357 | 20,671 | |||
| Molina Healthcare, Inc.* |
5,629 | 116,464 | |||
| MWI Veterinary Supply, Inc.* |
1,297 | 51,815 | |||
| National Healthcare Corp. |
1,020 | 38,036 | |||
| Odyssey HealthCare, Inc.* |
2,658 | 33,225 | |||
| RehabCare Group, Inc.* |
1,832 | 39,736 | |||
| Res-Care, Inc.* |
5,144 | 73,096 | |||
| Skilled Healthcare Group, Inc. Class A* |
5,517 | 44,301 | |||
| Sun Healthcare Group, Inc.* |
11,462 | 99,032 | |||
| Triple-S Management Corp. Class B* |
5,070 | 85,024 | |||
| U.S. Physical Therapy, Inc.* |
1,492 | 22,484 | |||
| Virtual Radiologic Corp.*(a) |
1,575 | 20,522 | |||
| Total Health Care Providers & Services | 1,992,775 | ||||
| Health Care Technology – 0.2% | |||||
| Computer Programs & Systems, Inc. |
933 | 38,636 | |||
| Omnicell, Inc.* |
2,888 | 32,172 | |||
| Phase Forward, Inc.* |
3,001 | 42,134 | |||
| Total Health Care Technology | 112,942 | ||||
| Hotels, Restaurants & Leisure – 3.6% | |||||
| AFC Enterprises* |
4,797 | 40,391 | |||
| Ambassadors Group, Inc. |
2,909 | 45,526 | |||
| Ameristar Casinos, Inc. |
10,336 | 163,102 | |||
| BJ’s Restaurants, Inc.* |
1,645 | 24,658 | |||
| Bluegreen Corp.* |
13,013 | 39,690 | |||
| Bob Evans Farms, Inc. |
4,736 | 137,628 | |||
| Boyd Gaming Corp.* |
9,008 | 98,457 | |||
| Buffalo Wild Wings, Inc.*(a) |
1,391 | 57,879 | |||
| California Pizza Kitchen, Inc.* |
2,782 | 43,455 | |||
| CEC Entertainment, Inc.* |
3,444 | 89,062 | |||
| Cheesecake Factory (The)* |
9,812 | 181,718 | |||
| Churchill Downs, Inc. |
400 | 15,400 | |||
| CKE Restaurants, Inc. |
6,073 | 63,706 | |||
| Cracker Barrel Old Country Store, Inc. |
4,638 | 159,547 | |||
| Denny’s Corp.* |
17,195 | 45,739 | |||
| Domino’s Pizza, Inc.* |
17,463 | 154,373 | |||
| Dover Downs Gaming & Entertainment, Inc. |
9,471 | 53,985 | |||
| Gaylord Entertainment Co.* |
311 | 6,251 | |||
| Life Time Fitness, Inc.* |
9,753 | 273,572 | |||
| Luby’s, Inc.* |
779 | 3,272 | |||
| Investments | Shares | Value | |||
| Marcus Corp. |
2,476 | $ | 31,668 | ||
| Monarch Casino & Resort, Inc.* |
1,942 | 20,896 | |||
| Papa John’s International, Inc.* |
2,876 | 70,663 | |||
| Peet’s Coffee & Tea, Inc.* |
682 | 19,253 | |||
| PF Chang’s China Bistro, Inc.* |
2,077 | 70,556 | |||
| Red Robin Gourmet Burgers, Inc.* |
2,786 | 56,890 | |||
| Shuffle Master, Inc.* |
3,848 | 36,248 | |||
| Sonic Corp.* |
7,647 | 84,576 | |||
| Speedway Motorsports, Inc. |
6,660 | 95,837 | |||
| Texas Roadhouse, Inc. Class A* |
7,740 | 82,199 | |||
| Total Hotels, Restaurants & Leisure | 2,266,197 | ||||
| Household Durables – 1.9% | |||||
| American Greetings Corp. Class A |
8,289 | 184,845 | |||
| Blyth, Inc. |
2,803 | 108,560 | |||
| Cavco Industries, Inc.* |
188 | 6,674 | |||
| CSS Industries, Inc. |
1,596 | 31,553 | |||
| Ethan Allen Interiors, Inc. |
5,782 | 95,403 | |||
| iRobot Corp.* |
2,567 | 31,600 | |||
| National Presto Industries, Inc. |
959 | 82,963 | |||
| Sealy Corp.* |
37,848 | 121,114 | |||
| Tempur-Pedic International, Inc.* |
25,496 | 482,894 | |||
| Universal Electronics, Inc.* |
1,663 | 33,958 | |||
| Total Household Durables | 1,179,564 | ||||
| Household Products – 0.2% | |||||
| Central Garden And Pet Co. Class A* |
8,042 | 87,899 | |||
| WD-40 Co. |
1,640 | 46,576 | |||
| Total Household Products | 134,475 | ||||
| Industrial Conglomerates – 0.3% | |||||
| Otter Tail Corp. |
2,199 | 52,622 | |||
| Raven Industries, Inc. |
2,016 | 53,888 | |||
| Standex International Corp. |
1,736 | 34,425 | |||
| Tredegar Corp. |
2,450 | 35,525 | |||
| Total Industrial Conglomerates | 176,460 | ||||
| Insurance – 3.6% | |||||
| American Equity Investment Life Holding Co. |
10,729 | 75,318 | |||
| American Physicians Capital, Inc. |
2,404 | 69,259 | |||
| Amerisafe, Inc.* |
4,272 | 73,692 | |||
| Amtrust Financial Services, Inc. |
17,131 | 195,465 | |||
| Baldwin & Lyons, Inc. Class B |
434 | 10,177 | |||
| CNA Surety Corp.* |
9,319 | 150,968 | |||
| Crawford & Co. Class B* |
3,755 | 16,560 | |||
| Delphi Financial Group, Inc. Class A |
11,142 | 252,143 | |||
| Donegal Group, Inc. Class A |
2,694 | 41,595 | |||
| eHealth, Inc.* |
4,055 | 58,879 | |||
| EMC Insurance Group, Inc.(a) |
924 | 19,524 | |||
| FBL Financial Group, Inc. Class A |
11,140 | 216,450 | |||
| First Mercury Financial Corp. |
4,311 | 57,422 | |||
| Fpic Insurance Group, Inc.* |
1,677 | 56,263 | |||
| Hallmark Financial Services, Inc.* |
3,816 | 30,719 | |||
| Horace Mann Educators Corp. |
9,638 | 134,643 | |||
| Infinity Property & Casualty Corp. |
1,922 | 81,647 | |||
| Kansas City Life Insurance Co. |
718 | 22,358 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 45 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Meadowbrook Insurance Group, Inc. |
8,545 | $ | 63,233 | ||
| National Interstate Corp. |
1,828 | 31,990 | |||
| National Western Life Insurance Co. Class A |
491 | 86,406 | |||
| PMA Capital Corp. Class A* |
5,846 | 33,264 | |||
| Presidential Life Corp. |
4,117 | 42,652 | |||
| Safety Insurance Group, Inc. |
2,972 | 97,838 | |||
| SeaBright Insurance Holdings, Inc.* |
3,840 | 43,853 | |||
| Tower Group, Inc. |
4,459 | 108,755 | |||
| United Fire & Casualty Co. |
1,919 | 34,350 | |||
| Universal Insurance Holdings, Inc. |
29,718 | 149,482 | |||
| Total Insurance | 2,254,905 | ||||
| Internet & Catalog Retail – 0.4% | |||||
| 1-800-FLOWERS.COM, Inc. Class A* |
9,661 | 33,330 | |||
| Blue Nile, Inc.* |
903 | 56,094 | |||
| NutriSystem, Inc. |
6,521 | 99,511 | |||
| PetMed Express, Inc. |
2,048 | 38,605 | |||
| Shutterfly, Inc.* |
1,364 | 22,683 | |||
| Stamps.com, Inc.* |
2,048 | 18,944 | |||
| Total Internet & Catalog Retail | 269,167 | ||||
| Internet Software & Services – 1.0% | |||||
| Art Technology Group, Inc.* |
800 | 3,088 | |||
| comScore, Inc.* |
2,570 | 46,286 | |||
| DealerTrack Holdings, Inc.* |
925 | 17,492 | |||
| Dice Holdings, Inc.* |
9,676 | 63,475 | |||
| DivX, Inc.* |
3,150 | 17,199 | |||
| Knot, Inc. (The)* |
1,550 | 16,926 | |||
| Liquidity Services, Inc.* |
2,472 | 25,511 | |||
| LoopNet, Inc.* |
4,456 | 40,282 | |||
| ModusLink Global Solutions, Inc.* |
4,427 | 35,815 | |||
| NIC, Inc. |
4,233 | 37,631 | |||
| TechTarget, Inc.* |
1,270 | 7,239 | |||
| TheStreet.com, Inc. |
2,848 | 8,259 | |||
| United Online, Inc. |
15,232 | 122,465 | |||
| Valueclick, Inc.* |
11,724 | 154,640 | |||
| Vocus, Inc.* |
497 | 10,382 | |||
| Total Internet Software & Services | 606,690 | ||||
| IT Services – 2.6% | |||||
| Cass Information Systems, Inc. |
842 | 25,142 | |||
| Ciber, Inc.* |
11,050 | 44,200 | |||
| CSG Systems International, Inc.* |
4,835 | 77,408 | |||
| Cybersource Corp.* |
248 | 4,134 | |||
| Euronet Worldwide, Inc.* |
6,476 | 155,618 | |||
| ExlService Holdings, Inc.* |
3,346 | 49,722 | |||
| Forrester Research, Inc.* |
1,513 | 40,306 | |||
| Global Cash Access Holdings, Inc.* |
18,916 | 138,276 | |||
| Hackett Group, Inc. (The)* |
10,791 | 31,294 | |||
| Heartland Payment Systems, Inc. |
3,740 | 54,268 | |||
| iGate Corp. |
8,012 | 68,743 | |||
| InfoGROUP, Inc.* |
6,621 | 46,413 | |||
| Integral Systems, Inc.* |
3,343 | 23,067 | |||
| MAXIMUS, Inc. |
2,419 | 112,725 | |||
| NCI, Inc. Class A* |
862 | 24,705 | |||
| Investments | Shares | Value | |||
| Ness Technologies, Inc.* |
8,895 | $ | 70,182 | ||
| Sapient Corp.* |
17,835 | 143,393 | |||
| TeleTech Holdings, Inc.* |
12,569 | 214,427 | |||
| TNS, Inc.* |
741 | 20,304 | |||
| Wright Express Corp.* |
8,183 | 241,480 | |||
| Total IT Services | 1,585,807 | ||||
| Leisure Equipment & Products – 0.4% | |||||
| Callaway Golf Co. |
9,391 | 71,465 | |||
| Jakks Pacific, Inc.* |
7,379 | 105,667 | |||
| Marine Products Corp. |
3,818 | 21,114 | |||
| RC2 Corp.* |
1,611 | 22,957 | |||
| Steinway Musical Instruments* |
1,579 | 18,743 | |||
| Sturm Ruger & Co., Inc.(a) |
399 | 5,163 | |||
| Total Leisure Equipment & Products | 245,109 | ||||
| Life Sciences Tools & Services – 0.6% | |||||
| Affymetrix, Inc.* |
12,844 | 112,770 | |||
| Albany Molecular Research, Inc.* |
2,511 | 21,745 | |||
| Cambrex Corp.* |
3,799 | 23,934 | |||
| eResearch Technology, Inc.* |
5,991 | 41,937 | |||
| Kendle International, Inc.* |
2,072 | 34,644 | |||
| Parexel International Corp.* |
11,423 | 155,239 | |||
| Total Life Sciences Tools & Services | 390,269 | ||||
| Machinery – 4.3% | |||||
| Albany International Corp. Class A |
833 | 16,160 | |||
| Altra Holdings, Inc.* |
5,514 | 61,702 | |||
| American Railcar Industries, Inc. |
4,518 | 47,936 | |||
| Ampco-Pittsburgh Corp. |
2,809 | 74,691 | |||
| Badger Meter, Inc. |
1,210 | 46,815 | |||
| Blount International, Inc.* |
7,391 | 69,993 | |||
| Cascade Corp. |
2,106 | 56,314 | |||
| Chart Industries, Inc.* |
9,879 | 213,288 | |||
| China Fire & Security Group, Inc.* |
5,128 | 98,458 | |||
| CIRCOR International, Inc. |
4,149 | 117,251 | |||
| Colfax Corp.* |
2,757 | 29,307 | |||
| Columbus McKinnon Corp.* |
4,824 | 73,084 | |||
| Dynamic Materials Corp. |
2,075 | 41,417 | |||
| EnPro Industries, Inc.* |
6,992 | 159,837 | |||
| Federal Signal Corp. |
8,969 | 64,487 | |||
| Force Protection, Inc.* |
13,446 | 73,415 | |||
| Gorman-Rupp Co. (The) |
1,517 | 37,788 | |||
| Greenbrier Cos., Inc. |
4,658 | 54,545 | |||
| Hurco Cos., Inc.* |
2,632 | 44,954 | |||
| Kadant, Inc.* |
2,844 | 34,498 | |||
| K-Tron International, Inc.* |
496 | 47,224 | |||
| LB Foster Co. Class A* |
1,354 | 41,405 | |||
| Lindsay Corp.(a) |
1,818 | 71,593 | |||
| Met-Pro Corp. |
1,306 | 12,655 | |||
| Middleby Corp.* |
3,073 | 169,046 | |||
| NACCO Industries, Inc. Class A |
1,748 | 105,002 | |||
| Oshkosh Corp. |
15,106 | 467,229 | |||
| RBC Bearings, Inc.* |
2,911 | 67,914 | |||
| Sauer-Danfoss, Inc. |
13,555 | 103,967 | |||
See Notes to Financial Statements.
| 46 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Sun Hydraulics Corp. |
2,385 | $ | 50,228 | ||
| Tennant Co. |
3,126 | 90,841 | |||
| Titan International, Inc. |
4,353 | 38,742 | |||
| Total Machinery | 2,681,786 | ||||
| Marine – 0.4% | |||||
| American Commercial Lines, Inc.* |
4,048 | 117,878 | |||
| Horizon Lines, Inc. Class A |
14,292 | 90,754 | |||
| International Shipholding Corp. |
801 | 24,679 | |||
| Total Marine | 233,311 | ||||
| Media – 2.9% | |||||
| Arbitron, Inc. |
5,316 | 110,360 | |||
| Belo Corp. Class A |
53,834 | 291,242 | |||
| CKX, Inc.* |
14,952 | 100,328 | |||
| Dolan Media Co.* |
3,399 | 40,754 | |||
| Fisher Communications, Inc.* |
6,599 | 119,970 | |||
| Harte-Hanks, Inc. |
19,050 | 263,461 | |||
| Journal Communications, Inc. Class A |
4,557 | 16,770 | |||
| Liberty Media Corp. – Capital Series A* |
20,319 | 425,073 | |||
| Live Nation, Inc.* |
4,416 | 36,167 | |||
| Martha Stewart Living Omnimedia Class A* |
12,661 | 79,258 | |||
| National CineMedia, Inc. |
4,064 | 68,966 | |||
| Outdoor Channel Holdings, Inc.* |
404 | 2,642 | |||
| Rentrak Corp.* |
593 | 10,591 | |||
| Scholastic Corp. |
6,884 | 167,557 | |||
| Sinclair Broadcast Group, Inc. Class A |
25,715 | 92,060 | |||
| Total Media | 1,825,199 | ||||
| Metals & Mining – 1.9% | |||||
| A.M. Castle & Co. |
6,343 | 63,049 | |||
| AMCOL International Corp. |
4,110 | 94,078 | |||
| Brush Engineered Materials, Inc.* |
3,593 | 87,885 | |||
| Coeur D’alene Mines Corp.* |
1,886 | 38,663 | |||
| Haynes International, Inc.* |
3,754 | 119,452 | |||
| Horsehead Holding Corp.* |
17,000 | 199,240 | |||
| Kaiser Aluminum Corp. |
4,550 | 165,438 | |||
| Olympic Steel, Inc. |
5,627 | 161,439 | |||
| RTI International Metals, Inc.* |
7,979 | 198,757 | |||
| Stillwater Mining Co.* |
7,224 | 48,545 | |||
| Total Metals & Mining | 1,176,546 | ||||
| Multiline Retail – 0.0% | |||||
| Fred’s, Inc. Class A |
1,486 | 18,917 | |||
| Oil, Gas & Consumable Fuels – 6.6% | |||||
| Atlas Energy, Inc. |
2,075 | 56,170 | |||
| ATP Oil & Gas Corp.*(a) |
17,178 | 307,314 | |||
| Berry Petroleum Co. Class A |
35,122 | 940,567 | |||
| Brigham Exploration Co.* |
9,298 | 84,426 | |||
| Carrizo Oil & Gas, Inc.* |
5,361 | 131,291 | |||
| Clayton Williams Energy, Inc.* |
2,202 | 66,324 | |||
| Copano Energy LLC |
10,463 | 190,427 | |||
| Crosstex Energy, Inc. |
22,726 | 119,993 | |||
| Delek US Holdings, Inc. |
3,436 | 29,446 | |||
| Enbridge Energy Management LLC* |
2,306 | 103,978 | |||
| GMX Resources, Inc.*(a) |
1,671 | 26,251 | |||
| Investments | Shares | Value | |||
| Gulfport Energy Corp.* |
16,390 | $ | 143,249 | ||
| Harvest Natural Resources, Inc.* |
20,566 | 105,504 | |||
| Parallel Petroleum Corp.* |
12,915 | 40,941 | |||
| Patriot Coal Corp.* |
15,178 | 178,493 | |||
| Petroleum Development Corp.* |
5,300 | 98,898 | |||
| Petroquest Energy, Inc.* |
11,441 | 74,252 | |||
| Stone Energy Corp.* |
36,211 | 590,601 | |||
| Swift Energy Co.* |
22,449 | 531,592 | |||
| USEC, Inc.*(a) |
13,003 | 60,984 | |||
| Vaalco Energy, Inc. |
10,343 | 47,578 | |||
| Warren Resources, Inc.* |
28,053 | 83,037 | |||
| Western Refining, Inc.* |
10,188 | 65,713 | |||
| Total Oil, Gas & Consumable Fuels | 4,077,029 | ||||
| Paper & Forest Products – 0.6% | |||||
| Buckeye Technologies, Inc.* |
16,334 | 175,264 | |||
| Deltic Timber Corp. |
154 | 7,049 | |||
| Glatfelter |
4,465 | 51,258 | |||
| Neenah Paper, Inc. |
4,273 | 50,293 | |||
| Schweitzer-Mauduit International, Inc. |
1,051 | 57,132 | |||
| Total Paper & Forest Products | 340,996 | ||||
| Personal Products – 1.0% | |||||
| Bare Escentuals, Inc.* |
35,644 | 423,807 | |||
| Elizabeth Arden, Inc.* |
774 | 9,110 | |||
| Inter Parfums, Inc. |
5,411 | 66,068 | |||
| Prestige Brands Holdings, Inc.* |
5,991 | 42,177 | |||
| Revlon, Inc. Class A* |
9,538 | 46,355 | |||
| USANA Health Sciences, Inc.* |
1,738 | 59,283 | |||
| Total Personal Products | 646,800 | ||||
| Pharmaceuticals – 0.5% | |||||
| Caraco Pharmaceutical Laboratories Ltd.* |
10,985 | 55,914 | |||
| KV Pharmaceutical Co. Class A* |
27,476 | 84,351 | |||
| Matrixx Initiatives, Inc.* |
1,082 | 6,146 | |||
| Obagi Medical Products, Inc.* |
3,119 | 36,180 | |||
| Pain Therapeutics, Inc.* |
4,373 | 22,127 | |||
| Par Pharmaceutical Cos., Inc.* |
305 | 6,561 | |||
| Questcor Pharmaceuticals, Inc.* |
11,426 | 63,071 | |||
| Vivus, Inc.*(a) |
2,168 | 22,656 | |||
| Total Pharmaceuticals | 297,006 | ||||
| Professional Services – 2.3% | |||||
| Administaff, Inc. |
3,970 | 104,292 | |||
| Advisory Board Co. (The)* |
2,036 | 51,185 | |||
| Barrett Business Services, Inc. |
1,565 | 16,558 | |||
| CBIZ, Inc.* |
5,708 | 42,582 | |||
| CDI Corp. |
4,520 | 63,506 | |||
| CoStar Group, Inc.* |
1,049 | 43,240 | |||
| CRA International, Inc.* |
965 | 26,335 | |||
| Diamond Management & Technology Consultants, Inc. |
2,634 | 18,043 | |||
| Exponent, Inc.* |
1,243 | 35,015 | |||
| Heidrick & Struggles International, Inc. |
3,345 | 77,805 | |||
| Hill International, Inc.* |
4,743 | 33,675 | |||
| ICF International, Inc.* |
2,104 | 63,793 | |||
| Kelly Services, Inc. Class A |
4,527 | 55,682 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 47 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| Kforce, Inc.* |
6,400 | $ | 76,928 | ||
| Korn/Ferry International* |
8,630 | 125,912 | |||
| LECG Corp.* |
1,830 | 6,423 | |||
| MPS Group, Inc.* |
16,857 | 177,336 | |||
| On Assignment, Inc.* |
5,591 | 32,707 | |||
| School Specialty, Inc.* |
3,062 | 72,631 | |||
| Spherion Corp.* |
17,731 | 110,109 | |||
| TrueBlue, Inc.* |
9,072 | 127,643 | |||
| Volt Information Sciences, Inc.* |
2,411 | 29,462 | |||
| VSE Corp. |
717 | 27,970 | |||
| Total Professional Services | 1,418,832 | ||||
| Real Estate Investment Trusts (REITs) – 2.4% | |||||
| Acadia Realty Trust |
2,507 | 37,780 | |||
| Agree Realty Corp. |
1,421 | 32,584 | |||
| Brandywine Realty Trust |
7,090 | 78,274 | |||
| CBL & Associates Properties, Inc.(a) |
5,491 | 53,263 | |||
| Cedar Shopping Centers, Inc. |
2,787 | 17,976 | |||
| Colonial Properties Trust |
865 | 8,416 | |||
| Cousins Properties, Inc. |
820 | 6,790 | |||
| Developers Diversified Realty Corp. |
44,290 | 409,240 | |||
| DiamondRock Hospitality Co.* |
18,099 | 146,602 | |||
| First Potomac Realty Trust |
1,147 | 13,259 | |||
| Getty Realty Corp. |
2,168 | 53,203 | |||
| Hersha Hospitality Trust |
4,742 | 14,700 | |||
| HRPT Properties Trust |
17,751 | 133,487 | |||
| Investors Real Estate Trust |
1,357 | 12,267 | |||
| Kite Realty Group Trust |
3,492 | 14,562 | |||
| LaSalle Hotel Properties |
3,562 | 70,029 | |||
| LTC Properties, Inc. |
2,351 | 56,518 | |||
| Medical Properties Trust, Inc. |
7,214 | 56,341 | |||
| Mission West Properties, Inc. |
1,363 | 9,173 | |||
| National Health Investors, Inc. |
3,155 | 99,856 | |||
| Saul Centers, Inc. |
989 | 31,747 | |||
| Sovran Self Storage, Inc. |
1,667 | 50,727 | |||
| Sunstone Hotel Investors, Inc.* |
8,091 | 57,446 | |||
| Universal Health Realty Income Trust |
744 | 24,217 | |||
| Urstadt Biddle Properties, Inc. Class A |
1,705 | 24,876 | |||
| Total Real Estate Investment Trusts (REITs) | 1,513,333 | ||||
| Real Estate Management & Development – 0.1% | |||||
| Consolidated-Tomoka Land Co.(a) |
500 | 19,150 | |||
| Forestar Group, Inc.* |
2,942 | 50,544 | |||
| Tejon Ranch Co.* |
278 | 7,139 | |||
| Total Real Estate Management & Development | 76,833 | ||||
| Road & Rail – 0.2% | |||||
| Celadon Group, Inc.* |
1,606 | 18,164 | |||
| Marten Transport Ltd.* |
1,394 | 23,782 | |||
| Saia, Inc.* |
1,395 | 22,431 | |||
| Universal Truckload Services, Inc. |
1,553 | 25,640 | |||
| USA Truck, Inc.* |
217 | 2,756 | |||
| Total Road & Rail | 92,773 | ||||
| Semiconductors & Semiconductor Equipment – 3.2% | |||||
| Advanced Energy Industries, Inc.* |
3,251 | 46,294 | |||
| Investments | Shares | Value | |||
| ATMI, Inc.* |
4,186 | $ | 75,976 | ||
| Cabot Microelectronics Corp.* |
2,320 | 80,875 | |||
| Cavium Networks, Inc.* |
1,235 | 26,515 | |||
| Cohu, Inc. |
497 | 6,739 | |||
| Diodes, Inc.* |
11,236 | 203,259 | |||
| Fairchild Semiconductor International, Inc.* |
26,338 | 269,438 | |||
| IXYS Corp.* |
3,685 | 31,359 | |||
| Kopin Corp.* |
1,862 | 8,938 | |||
| Micrel, Inc. |
7,038 | 57,360 | |||
| Microtune, Inc.* |
3,180 | 5,788 | |||
| Monolithic Power Systems, Inc.* |
3,501 | 82,098 | |||
| NVE Corp.* |
463 | 24,613 | |||
| Omnivision Technologies, Inc.* |
17,921 | 291,754 | |||
| Pericom Semiconductor Corp.* |
4,743 | 46,529 | |||
| Power Integrations, Inc. |
2,356 | 78,525 | |||
| Semitool, Inc.* |
2,716 | 22,950 | |||
| Sigma Designs, Inc.*(a) |
11,358 | 165,032 | |||
| Silicon Image, Inc.* |
4,111 | 9,990 | |||
| Standard Microsystems Corp.* |
3,053 | 70,860 | |||
| Supertex, Inc.* |
1,305 | 39,150 | |||
| Techwell, Inc.* |
3,124 | 34,302 | |||
| Teradyne, Inc.* |
8,067 | 74,620 | |||
| TriQuint Semiconductor, Inc.* |
18,718 | 144,503 | |||
| Ultratech, Inc.* |
1,244 | 16,458 | |||
| Volterra Semiconductor Corp.* |
3,506 | 64,405 | |||
| Total Semiconductors & Semiconductor Equipment | 1,978,330 | ||||
| Software – 2.7% | |||||
| Actuate Corp.* |
10,211 | 59,020 | |||
| Advent Software, Inc.*(a) |
1,086 | 43,711 | |||
| American Software, Inc. Class A |
1,796 | 11,728 | |||
| AsiaInfo Holdings, Inc.* |
2,322 | 46,370 | |||
| Blackbaud, Inc. |
3,651 | 84,703 | |||
| Commvault Systems, Inc.* |
2,685 | 55,714 | |||
| Double-Take Software, Inc.* |
2,724 | 27,758 | |||
| Epicor Software Corp.* |
8,072 | 51,419 | |||
| EPIQ Systems, Inc.* |
1,147 | 16,631 | |||
| FalconStor Software, Inc.* |
3,127 | 15,541 | |||
| i2 Technologies, Inc.* |
2,077 | 33,315 | |||
| Interactive Intelligence, Inc.* |
2,716 | 51,903 | |||
| JDA Software Group, Inc.* |
2,845 | 62,419 | |||
| Kenexa Corp.* |
4,949 | 66,713 | |||
| Lawson Software, Inc.* |
4,884 | 30,476 | |||
| Manhattan Associates, Inc.* |
3,034 | 61,287 | |||
| MicroStrategy, Inc. Class A* |
1,949 | 139,431 | |||
| Monotype Imaging Holdings, Inc.* |
4,346 | 36,550 | |||
| Net 1 UEPS Technologies, Inc.* |
11,273 | 236,282 | |||
| Opnet Technologies, Inc. |
274 | 2,995 | |||
| Pegasystems, Inc. |
1,171 | 40,435 | |||
| PROS Holdings, Inc.* |
2,629 | 22,136 | |||
| Radiant Systems, Inc.* |
5,491 | 58,973 | |||
| Renaissance Learning, Inc. |
1,918 | 19,065 | |||
| S1 Corp.* |
4,777 | 29,522 | |||
| SonicWALL, Inc.* |
8,896 | 74,726 | |||
See Notes to Financial Statements.
| 48 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree SmallCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| SPSS, Inc.* |
2,325 | $ | 116,134 | ||
| Synchronoss Technologies, Inc.* |
2,415 | 30,115 | |||
| TeleCommunication Systems, Inc. Class A* |
3,197 | 26,727 | |||
| Tyler Technologies, Inc.* |
2,755 | 47,083 | |||
| Ultimate Software Group, Inc.* |
1,951 | 56,033 | |||
| VASCO Data Security International, Inc.* |
3,722 | 27,617 | |||
| Total Software | 1,682,532 | ||||
| Specialty Retail – 5.8% | |||||
| America’s Car-Mart, Inc.*(a) |
2,287 | 54,774 | |||
| AnnTaylor Stores Corp.* |
9,471 | 150,494 | |||
| Asbury Automotive Group, Inc.* |
13,797 | 174,946 | |||
| bebe Stores, Inc. |
12,051 | 88,695 | |||
| Blockbuster, Inc. Class A* |
13,592 | 14,544 | |||
| Brown Shoe Co., Inc. |
4,700 | 37,694 | |||
| Cabela’s, Inc.*(a) |
17,463 | 232,956 | |||
| Cato Corp. (The) Class A |
2,939 | 59,632 | |||
| Chico’s FAS, Inc.* |
342 | 4,446 | |||
| Christopher & Banks Corp. |
5,177 | 35,048 | |||
| Citi Trends, Inc.* |
1,779 | 50,648 | |||
| Collective Brands, Inc.* |
7,554 | 130,911 | |||
| Conn’s, Inc.* |
5,020 | 56,676 | |||
| Dress Barn, Inc.*(a) |
11,211 | 201,013 | |||
| DSW, Inc. Class A* |
5,065 | 80,888 | |||
| Genesco, Inc.* |
741 | 17,836 | |||
| Group 1 Automotive, Inc. |
4,241 | 113,871 | |||
| hhgregg, Inc.*(a) |
6,552 | 110,991 | |||
| Hibbett Sports, Inc.* |
2,530 | 46,122 | |||
| HOT Topic, Inc.* |
3,273 | 24,515 | |||
| J Crew Group, Inc.* |
11,240 | 402,617 | |||
| Jo-Ann Stores, Inc.* |
2,292 | 61,494 | |||
| JOS A Bank Clothiers, Inc.* |
2,958 | 132,430 | |||
| Lumber Liquidators, Inc.* |
2,632 | 57,088 | |||
| Men’s Wearhouse, Inc. (The) |
7,852 | 193,944 | |||
| Midas, Inc.* |
2,043 | 19,204 | |||
| Monro Muffler, Inc. |
1,521 | 48,353 | |||
| New York & Co., Inc.* |
13,395 | 68,582 | |||
| Office Depot, Inc.* |
40,092 | 265,409 | |||
| Rex Stores Corp.* |
867 | 9,450 | |||
| Shoe Carnival, Inc.* |
1,501 | 23,145 | |||
| Sonic Automotive, Inc. Class A |
20,812 | 218,526 | |||
| Stage Stores, Inc. |
7,530 | 97,589 | |||
| Syms Corp.* |
127 | 1,027 | |||
| Systemax, Inc.* |
9,475 | 114,932 | |||
| Ulta Salon Cosmetics & Fragrance, Inc.* |
4,141 | 68,368 | |||
| Wet Seal, Inc. (The) Class A* |
21,152 | 79,955 | |||
| Zumiez, Inc.* |
4,126 | 67,708 | |||
| Total Specialty Retail | 3,616,521 | ||||
| Textiles, Apparel & Luxury Goods – 2.4% | |||||
| American Apparel, Inc.* |
8,369 | 29,375 | |||
| Cherokee, Inc. |
1,395 | 33,438 | |||
| G-III Apparel Group Ltd.* |
3,585 | 50,728 | |||
| Iconix Brand Group, Inc.* |
11,306 | 140,986 | |||
| Investments | Shares | Value | |||
| Jones Apparel Group, Inc. |
3,569 | $ | 63,992 | ||
| K-Swiss, Inc. Class A |
1,973 | 17,343 | |||
| Maidenform Brands, Inc.* |
4,212 | 67,645 | |||
| Movado Group, Inc. |
11,264 | 163,666 | |||
| Quiksilver, Inc.* |
65,372 | 179,773 | |||
| Skechers U.S.A., Inc. Class A* |
11,202 | 192,002 | |||
| Steven Madden Ltd.* |
1,764 | 64,933 | |||
| Timberland Co. Class A* |
7,095 | 98,762 | |||
| True Religion Apparel, Inc.* |
5,227 | 135,536 | |||
| UniFirst Corp. |
3,341 | 148,508 | |||
| Volcom, Inc.*(a) |
5,330 | 87,838 | |||
| Weyco Group, Inc. |
990 | 22,671 | |||
| Total Textiles, Apparel & Luxury Goods | 1,497,196 | ||||
| Thrifts & Mortgage Finance – 0.5% | |||||
| Bank Mutual Corp. |
2,198 | 19,430 | |||
| Berkshire Hills Bancorp, Inc. |
1,086 | 23,827 | |||
| Brookline Bancorp, Inc. |
1,801 | 17,506 | |||
| Clifton Savings Bancorp, Inc. |
496 | 4,861 | |||
| Dime Community Bancshares |
3,678 | 42,039 | |||
| ESSA Bancorp, Inc. |
651 | 8,600 | |||
| First Financial Holdings, Inc. |
1,706 | 27,245 | |||
| Flushing Financial Corp. |
2,320 | 26,448 | |||
| OceanFirst Financial Corp. |
1,458 | 16,913 | |||
| Ocwen Financial Corp.* |
4,198 | 47,521 | |||
| Provident New York Bancorp |
2,974 | 28,402 | |||
| Roma Financial Corp. |
532 | 6,613 | |||
| ViewPoint Financial Group |
527 | 7,399 | |||
| Westfield Financial, Inc. |
1,673 | 14,170 | |||
| WSFS Financial Corp. |
893 | 23,789 | |||
| Total Thrifts & Mortgage Finance | 314,763 | ||||
| Tobacco – 0.1% | |||||
| Alliance One International, Inc.* |
8,377 | 37,529 | |||
| Trading Companies & Distributors – 2.0% | |||||
| Aceto Corp. |
2,473 | 16,322 | |||
| Beacon Roofing Supply, Inc.* |
2,973 | 47,509 | |||
| DXP Enterprises, Inc.* |
2,476 | 27,607 | |||
| H&E Equipment Services, Inc.* |
12,874 | 145,862 | |||
| Houston Wire & Cable Co. |
4,470 | 49,393 | |||
| Interline Brands, Inc.* |
7,147 | 120,427 | |||
| Kaman Corp. |
3,254 | 71,523 | |||
| Lawson Products, Inc. |
216 | 3,761 | |||
| Rush Enterprises, Inc. Class A* |
6,350 | 82,042 | |||
| TAL International Group, Inc.(a) |
6,184 | 87,936 | |||
| WESCO International, Inc.* |
20,691 | 595,901 | |||
| Total Trading Companies & Distributors | 1,248,283 | ||||
| Water Utilities – 0.2% | |||||
| American States Water Co. |
1,272 | 46,021 | |||
| Middlesex Water Co. |
1,144 | 17,252 | |||
| SJW Corp. |
1,212 | 27,694 | |||
| Southwest Water Co. |
1,861 | 9,156 | |||
| Total Water Utilities | 100,123 | ||||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 49 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree SmallCap Earnings Fund
September 30, 2009
| Investments | Shares | Value | ||||
| Wireless Telecommunication Services – 0.0% | ||||||
| Shenandoah Telecommunications Co. |
1,481 | $ | 26,584 | |||
| TOTAL COMMON STOCKS (Cost: $54,505,026) |
61,997,152 | |||||
| SHORT-TERM INVESTMENT – 0.2% | ||||||
| MONEY MARKET FUND – 0.2% | ||||||
| AIM Short-Term Investment Treasury Fund (Cost: $143,456) |
143,456 | 143,456 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.8% |
||||||
| MONEY MARKET FUND – 3.8% | ||||||
| Dreyfus Institutional Preferred Money Market (Cost: $2,329,021)(d) |
2,329,021 | 2,329,021 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 103.6% (Cost: $56,977,503)(e) |
64,469,629 | |||||
| Liabilities in Excess of Other Assets – (3.6)% |
(2,239,267 | ) | ||||
| NET ASSETS – 100.0% | $ | 62,230,362 | ||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $2,198,140 and the total market value of the collateral held by the Fund was $2,329,021. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 50 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Earnings Top 100 Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.8% | |||||
| Aerospace & Defense – 5.1% | |||||
| Boeing Co. (The) |
1,939 | $ | 104,997 | ||
| General Dynamics Corp. |
1,349 | 87,146 | |||
| Honeywell International, Inc. |
2,301 | 85,482 | |||
| Northrop Grumman Corp. |
1,520 | 78,660 | |||
| Precision Castparts Corp. |
1,253 | 127,643 | |||
| Raytheon Co. |
1,294 | 62,073 | |||
| Rockwell Collins, Inc. |
2,080 | 105,664 | |||
| Total Aerospace & Defense | 651,665 | ||||
| Capital Markets – 4.4% | |||||
| Franklin Resources, Inc. |
1,132 | 113,879 | |||
| Goldman Sachs Group, Inc. (The) |
1,893 | 348,974 | |||
| TD Ameritrade Holding Corp.* |
5,009 | 98,277 | |||
| Total Capital Markets | 561,130 | ||||
| Chemicals – 4.1% | |||||
| Air Products & Chemicals, Inc. |
1,422 | 110,319 | |||
| Dow Chemical Co. (The) |
4,466 | 116,429 | |||
| E.I. Du Pont de Nemours & Co. |
3,066 | 98,541 | |||
| Mosaic Co. (The) |
4,105 | 197,327 | |||
| Total Chemicals | 522,616 | ||||
| Computers & Peripherals – 1.6% | |||||
| Dell, Inc.* |
6,980 | 106,515 | |||
| International Business Machines Corp. |
782 | 93,535 | |||
| Total Computers & Peripherals | 200,050 | ||||
| Consumer Finance – 1.8% | |||||
| Capital One Financial Corp. |
2,669 | 95,363 | |||
| Discover Financial Services |
8,028 | 130,295 | |||
| Total Consumer Finance | 225,658 | ||||
| Diversified Financial Services – 0.6% | |||||
| NYSE Euronext |
2,620 | 75,692 | |||
| Diversified Telecommunication Services – 0.7% | |||||
| Qwest Communications International, Inc. |
24,924 | 94,960 | |||
| Electric Utilities – 0.6% | |||||
| Edison International |
2,218 | 74,480 | |||
| Electronic Equipment, Instruments & Components – 4.2% |
|||||
| Agilent Technologies, Inc.* |
3,982 | 110,819 | |||
| Corning, Inc. |
27,596 | 422,495 | |||
| Total Electronic Equipment, Instruments & Components |
533,314 | ||||
| Energy Equipment & Services – 4.9% | |||||
| Baker Hughes, Inc. |
3,162 | 134,891 | |||
| Diamond Offshore Drilling, Inc.(a) |
1,200 | 114,624 | |||
| Halliburton Co. |
4,273 | 115,884 | |||
| National Oilwell Varco, Inc.* |
3,980 | 171,657 | |||
| Smith International, Inc. |
3,046 | 87,420 | |||
| Total Energy Equipment & Services | 624,476 | ||||
| Food Products – 0.7% | |||||
| Archer-Daniels-Midland Co. |
3,042 | 88,887 | |||
| Investments | Shares | Value | |||
| Gas Utilities – 0.7% | |||||
| Questar Corp. |
2,323 | $ | 87,252 | ||
| Health Care Equipment & Supplies – 0.9% | |||||
| Carefusion Corp.* |
1,057 | 23,043 | |||
| Zimmer Holdings, Inc.* |
1,748 | 93,431 | |||
| Total Health Care Equipment & Supplies | 116,474 | ||||
| Health Care Providers & Services – 4.8% | |||||
| Aetna, Inc. |
4,362 | 121,394 | |||
| Cardinal Health, Inc. |
2,115 | 56,682 | |||
| Humana, Inc.* |
2,595 | 96,794 | |||
| McKesson Corp. |
1,893 | 112,728 | |||
| UnitedHealth Group, Inc. |
3,590 | 89,894 | |||
| WellPoint, Inc.* |
2,765 | 130,950 | |||
| Total Health Care Providers & Services | 608,442 | ||||
| Household Durables – 0.7% | |||||
| Fortune Brands, Inc. |
2,109 | 90,645 | |||
| Independent Power Producers & Energy Traders – 2.2% | |||||
| AES Corp. (The)* |
10,664 | 158,040 | |||
| NRG Energy, Inc.* |
4,379 | 123,444 | |||
| Total Independent Power Producers & Energy Traders | 281,484 | ||||
| Industrial Conglomerates – 0.6% | |||||
| General Electric Co. |
4,299 | 70,590 | |||
| Insurance – 7.0% | |||||
| Allstate Corp. (The) |
3,314 | 101,475 | |||
| Chubb Corp. |
1,489 | 75,060 | |||
| Loews Corp. |
3,244 | 111,107 | |||
| Metlife, Inc. |
2,864 | 109,032 | |||
| Prudential Financial, Inc. |
5,519 | 275,453 | |||
| Travelers Cos., Inc. (The) |
1,877 | 92,405 | |||
| Unum Group |
6,047 | 129,648 | |||
| Total Insurance | 894,180 | ||||
| Internet Software & Services – 0.9% | |||||
| eBay, Inc.* |
4,935 | 116,515 | |||
| Leisure Equipment & Products – 0.7% | |||||
| Mattel, Inc. |
4,710 | 86,947 | |||
| Machinery – 7.3% | |||||
| Caterpillar, Inc. |
2,259 | 115,954 | |||
| Cummins, Inc. |
4,263 | 191,025 | |||
| Deere & Co. |
2,152 | 92,364 | |||
| Dover Corp. |
2,548 | 98,761 | |||
| Eaton Corp. |
2,214 | 125,290 | |||
| Illinois Tool Works, Inc. |
1,983 | 84,694 | |||
| PACCAR, Inc. |
2,578 | 97,216 | |||
| Parker Hannifin Corp. |
2,484 | 128,771 | |||
| Total Machinery | 934,075 | ||||
| Media – 7.1% | |||||
| DISH Network Corp. Class A* |
10,677 | 205,639 | |||
| McGraw-Hill Cos., Inc. (The) |
2,717 | 68,305 | |||
| News Corp. Class A |
18,161 | 217,750 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 51 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Earnings Top 100 Fund
September 30, 2009
| Investments | Shares | Value | |||
| Omnicom Group, Inc. |
2,751 | $ | 101,622 | ||
| Time Warner, Inc. |
2,348 | 67,576 | |||
| Viacom, Inc. Class B* |
5,711 | 160,136 | |||
| Walt Disney Co. (The) |
2,884 | 79,195 | |||
| Total Media | 900,223 | ||||
| Metals & Mining – 8.7% | |||||
| Alcoa, Inc. |
13,172 | 172,817 | |||
| Freeport-McMoRan Copper & Gold, Inc.* |
8,932 | 612,824 | |||
| Nucor Corp. |
2,786 | 130,970 | |||
| Southern Copper Corp. |
6,327 | 194,176 | |||
| Total Metals & Mining | 1,110,787 | ||||
| Multiline Retail – 0.7% | |||||
| Target Corp. |
1,852 | 86,451 | |||
| Office Electronics – 0.9% | |||||
| Xerox Corp. |
14,891 | 115,256 | |||
| Oil, Gas & Consumable Fuels – 18.3% | |||||
| Anadarko Petroleum Corp. |
2,022 | 126,840 | |||
| Apache Corp. |
1,578 | 144,908 | |||
| Chesapeake Energy Corp. |
6,346 | 180,226 | |||
| Chevron Corp. |
1,248 | 87,897 | |||
| ConocoPhillips |
2,845 | 128,480 | |||
| Devon Energy Corp. |
1,417 | 95,407 | |||
| El Paso Corp. |
15,472 | 159,671 | |||
| EOG Resources, Inc. |
1,004 | 83,844 | |||
| Exxon Mobil Corp. |
1,102 | 75,608 | |||
| Hess Corp. |
2,292 | 122,530 | |||
| Marathon Oil Corp. |
5,425 | 173,057 | |||
| Murphy Oil Corp. |
2,992 | 172,249 | |||
| Noble Energy, Inc. |
1,918 | 126,511 | |||
| Occidental Petroleum Corp. |
1,989 | 155,938 | |||
| Peabody Energy Corp. |
3,795 | 141,250 | |||
| Spectra Energy Corp. |
5,058 | 95,799 | |||
| Valero Energy Corp. |
7,299 | 141,528 | |||
| Williams Cos., Inc. (The) |
6,754 | 120,694 | |||
| Total Oil, Gas & Consumable Fuels | 2,332,437 | ||||
| Paper & Forest Products – 1.4% | |||||
| International Paper Co. |
8,068 | 179,352 | |||
| Pharmaceuticals – 0.8% | |||||
| Forest Laboratories, Inc.* |
3,343 | 98,418 | |||
| Road & Rail – 0.6% | |||||
| CSX Corp. |
1,838 | 76,939 | |||
| Semiconductors & Semiconductor Equipment – 1.7% | |||||
| Analog Devices, Inc. |
3,437 | 94,793 | |||
| Texas Instruments, Inc. |
5,118 | 121,245 | |||
| Total Semiconductors & Semiconductor Equipment | 216,038 | ||||
| Software – 0.7% | |||||
| Microsoft Corp. |
3,430 | 88,803 | |||
| Investments | Shares | Value | ||||
| Specialty Retail – 1.9% | ||||||
| Best Buy Co., Inc. |
3,528 | $ | 132,370 | |||
| Gap, Inc. (The) |
4,854 | 103,876 | ||||
| Total Specialty Retail | 236,246 | |||||
| Textiles, Apparel & Luxury Goods – 1.7% | ||||||
| Coach, Inc. |
3,843 | 126,512 | ||||
| VF Corp. |
1,284 | 93,000 | ||||
| Total Textiles, Apparel & Luxury Goods | 219,512 | |||||
| Tobacco – 0.8% | ||||||
| Altria Group, Inc. |
5,637 | 100,395 | ||||
| TOTAL COMMON STOCKS (Cost: $11,655,219) |
12,700,389 | |||||
| SHORT-TERM INVESTMENT – 0.1% | ||||||
| MONEY MARKET FUND – 0.1% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $11,117) |
11,117 | 11,117 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.9% | ||||||
| MONEY MARKET FUND – 0.9% | ||||||
| Dreyfus Institutional Preferred Money Market (Cost: $112,001)(d) |
112,001 | 112,001 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 100.8% (Cost: $11,778,337)(e) | 12,823,507 | |||||
| Liabilities in Excess of Other Assets – (0.8)% |
(103,072 | ) | ||||
| NET ASSETS – 100.0% | $ | 12,720,435 | ||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $108,893 and the total market value of the collateral held by the Fund was $112,001. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 52 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree LargeCap Value Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.7% | |||||
| Aerospace & Defense – 2.2% | |||||
| Curtiss-Wright Corp. |
430 | $ | 14,676 | ||
| ITT Corp. |
2,463 | 128,446 | |||
| L-3 Communications Holdings, Inc. |
1,376 | 110,520 | |||
| Moog, Inc. Class A* |
613 | 18,083 | |||
| Northrop Grumman Corp. |
5,121 | 265,012 | |||
| Spirit Aerosystems Holdings, Inc. Class A* |
3,036 | 54,830 | |||
| Triumph Group, Inc. |
287 | 13,773 | |||
| Total Aerospace & Defense | 605,340 | ||||
| Airlines – 0.1% | |||||
| Allegiant Travel Co.* |
95 | 3,618 | |||
| Skywest, Inc. |
884 | 14,657 | |||
| Total Airlines | 18,275 | ||||
| Beverages – 0.3% | |||||
| Constellation Brands, Inc. Class A* |
3,125 | 47,344 | |||
| PepsiAmericas, Inc. |
1,647 | 47,038 | |||
| Total Beverages | 94,382 | ||||
| Capital Markets – 0.8% | |||||
| BlackRock, Inc. |
729 | 158,062 | |||
| Knight Capital Group, Inc. Class A* |
1,013 | 22,033 | |||
| Raymond James Financial, Inc. |
1,381 | 32,149 | |||
| Stifel Financial Corp.* |
130 | 7,137 | |||
| Total Capital Markets | 219,381 | ||||
| Chemicals – 1.0% | |||||
| Airgas, Inc. |
933 | 45,129 | |||
| H.B. Fuller Co. |
961 | 20,085 | |||
| Lubrizol Corp. |
1,183 | 84,537 | |||
| Olin Corp. |
1,247 | 21,748 | |||
| RPM International, Inc. |
2,928 | 54,139 | |||
| Scotts Miracle-Gro Co. (The) Class A |
595 | 25,555 | |||
| Sensient Technologies Corp. |
439 | 12,191 | |||
| Valspar Corp. |
856 | 23,549 | |||
| Total Chemicals | 286,933 | ||||
| Commercial Banks – 0.6% | |||||
| Bancorpsouth, Inc. |
660 | 16,111 | |||
| BOK Financial Corp.(a) |
541 | 25,059 | |||
| First Citizens BancShares, Inc. Class A |
77 | 12,251 | |||
| Iberiabank Corp. |
103 | 4,693 | |||
| M&T Bank Corp. |
1,388 | 86,500 | |||
| Trustmark Corp. |
554 | 10,554 | |||
| UMB Financial Corp. |
258 | 10,433 | |||
| WesBanco, Inc. |
199 | 3,076 | |||
| Total Commercial Banks | 168,677 | ||||
| Commercial Services & Supplies – 0.3% | |||||
| ABM Industries, Inc. |
464 | 9,762 | |||
| Cintas Corp. |
1,422 | 43,101 | |||
| Tetra Tech, Inc.* |
328 | 8,702 | |||
| United Stationers, Inc.* |
392 | 18,663 | |||
| Total Commercial Services & Supplies | 80,228 | ||||
| Investments | Shares | Value | |||
| Communications Equipment – 0.2% | |||||
| Arris Group, Inc.* |
1,431 | $ | 18,617 | ||
| Plantronics, Inc. |
797 | 21,368 | |||
| Tekelec* |
501 | 8,232 | |||
| Tellabs, Inc.* |
2,448 | 16,940 | |||
| Total Communications Equipment | 65,157 | ||||
| Computers & Peripherals – 5.9% | |||||
| Hewlett-Packard Co. |
30,271 | 1,429,094 | |||
| Lexmark International, Inc. Class A* |
2,397 | 51,631 | |||
| Synaptics, Inc.*(a) |
161 | 4,057 | |||
| Western Digital Corp.* |
4,814 | 175,856 | |||
| Total Computers & Peripherals | 1,660,638 | ||||
| Construction & Engineering – 0.6% | |||||
| Aecom Technology Corp. |
686 | 18,618 | |||
| EMCOR Group, Inc.* |
1,289 | 32,637 | |||
| Granite Construction, Inc. |
341 | 10,551 | |||
| Insituform Technologies, Inc. Class A* |
168 | 3,215 | |||
| KBR, Inc. |
2,461 | 57,317 | |||
| MasTec, Inc.* |
604 | 7,339 | |||
| Quanta Services, Inc.* |
953 | 21,090 | |||
| URS Corp.* |
622 | 27,150 | |||
| Total Construction & Engineering | 177,917 | ||||
| Consumer Finance – 0.1% | |||||
| AmeriCredit Corp.* |
1,035 | 16,343 | |||
| Containers & Packaging – 0.7% | |||||
| Ball Corp. |
967 | 47,577 | |||
| Bemis Co., Inc. |
923 | 23,915 | |||
| Rock-Tenn Co. Class A |
599 | 28,219 | |||
| Sealed Air Corp. |
2,229 | 43,755 | |||
| Silgan Holdings, Inc. |
310 | 16,346 | |||
| Sonoco Products Co. |
1,482 | 40,814 | |||
| Total Containers & Packaging | 200,626 | ||||
| Distributors – 0.2% | |||||
| Genuine Parts Co. |
1,785 | 67,937 | |||
| Diversified Consumer Services – 0.1% | |||||
| Career Education Corp.* |
358 | 8,728 | |||
| Corinthian Colleges, Inc.* |
224 | 4,158 | |||
| Regis Corp. |
588 | 9,114 | |||
| Total Diversified Consumer Services | 22,000 | ||||
| Diversified Financial Services – 0.0% | |||||
| Interactive Brokers Group, Inc. Class A* |
652 | 12,955 | |||
| Diversified Telecommunication Services – 3.3% | |||||
| CenturyTel, Inc. |
1,421 | 47,746 | |||
| Verizon Communications, Inc. |
28,727 | 869,566 | |||
| Total Diversified Telecommunication Services | 917,312 | ||||
| Electric Utilities – 3.0% | |||||
| ALLETE, Inc. |
321 | 10,776 | |||
| American Electric Power Co., Inc. |
4,909 | 152,130 | |||
| Cleco Corp. |
485 | 12,164 | |||
| Duke Energy Corp. |
11,024 | 173,518 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 53 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree LargeCap Value Fund
September 30, 2009
| Investments | Shares | Value | |||
| Edison International |
4,752 | $ | 159,572 | ||
| El Paso Electric Co.* |
590 | 10,425 | |||
| Hawaiian Electric Industries, Inc. |
1,026 | 18,591 | |||
| IDACORP, Inc. |
441 | 12,696 | |||
| MGE Energy, Inc. |
164 | 5,983 | |||
| Northeast Utilities |
1,513 | 35,919 | |||
| NV Energy, Inc. |
2,573 | 29,821 | |||
| Pepco Holdings, Inc. |
3,771 | 56,112 | |||
| Pinnacle West Capital Corp. |
1,076 | 35,314 | |||
| Portland General Electric Co. |
518 | 10,215 | |||
| Progress Energy, Inc. |
2,409 | 94,096 | |||
| Unisource Energy Corp. |
95 | 2,921 | |||
| Westar Energy, Inc. |
951 | 18,554 | |||
| Total Electric Utilities | 838,807 | ||||
| Electrical Equipment – 0.4% | |||||
| A.O. Smith Corp. |
405 | 15,431 | |||
| Baldor Electric Co. |
748 | 20,450 | |||
| Hubbell, Inc. Class B |
975 | 40,950 | |||
| Regal-Beloit Corp. |
486 | 22,215 | |||
| Thomas & Betts Corp.* |
617 | 18,559 | |||
| Total Electrical Equipment | 117,605 | ||||
| Electronic Equipment, Instruments & Components – 1.5% |
|||||
| Anixter International, Inc.* |
895 | 35,898 | |||
| Arrow Electronics, Inc.* |
2,923 | 82,282 | |||
| Avnet, Inc.* |
3,543 | 92,012 | |||
| Benchmark Electronics, Inc.* |
1,078 | 19,404 | |||
| Ingram Micro, Inc. Class A* |
3,232 | 54,459 | |||
| Jabil Circuit, Inc. |
2,797 | 37,508 | |||
| Molex, Inc. |
2,002 | 41,802 | |||
| Tech Data Corp.* |
704 | 29,293 | |||
| Vishay Intertechnology, Inc.* |
3,715 | 29,349 | |||
| Total Electronic Equipment, Instruments & Components | 422,007 | ||||
| Energy Equipment & Services – 0.1% | |||||
| SEACOR Holdings, Inc.* |
428 | 34,938 | |||
| Food & Staples Retailing – 9.3% | |||||
| BJ’s Wholesale Club, Inc.* |
497 | 18,001 | |||
| Casey’s General Stores, Inc. |
357 | 11,203 | |||
| CVS Caremark Corp. |
13,629 | 487,100 | |||
| Kroger Co. (The) |
6,936 | 143,159 | |||
| Ruddick Corp.(a) |
509 | 13,550 | |||
| Safeway, Inc. |
5,439 | 107,257 | |||
| SUPERVALU, Inc. |
6,162 | 92,800 | |||
| United Natural Foods, Inc.* |
313 | 7,487 | |||
| Walgreen Co. |
8,968 | 336,031 | |||
| Wal-Mart Stores, Inc. |
28,503 | 1,399,212 | |||
| Total Food & Staples Retailing | 2,615,800 | ||||
| Food Products – 3.4% | |||||
| American Italian Pasta Co. Class A* |
135 | 3,669 | |||
| Archer-Daniels-Midland Co. |
10,449 | 305,320 | |||
| Investments | Shares | Value | |||
| ConAgra Foods, Inc. |
4,051 | $ | 87,826 | ||
| Corn Products International, Inc. |
1,501 | 42,809 | |||
| Del Monte Foods Co. |
1,930 | 22,349 | |||
| Hormel Foods Corp. |
996 | 35,378 | |||
| Kraft Foods, Inc. Class A |
15,988 | 420,005 | |||
| Lancaster Colony Corp. |
171 | 8,767 | |||
| Ralcorp Holdings, Inc.* |
426 | 24,908 | |||
| Tootsie Roll Industries, Inc. |
210 | 4,994 | |||
| TreeHouse Foods, Inc.* |
161 | 5,743 | |||
| Total Food Products | 961,768 | ||||
| Gas Utilities – 0.8% | |||||
| AGL Resources, Inc. |
925 | 32,625 | |||
| Atmos Energy Corp. |
864 | 24,347 | |||
| Laclede Group, Inc. (The) |
187 | 6,014 | |||
| New Jersey Resources Corp. |
325 | 11,801 | |||
| Nicor, Inc. |
392 | 14,343 | |||
| Northwest Natural Gas Co. |
224 | 9,332 | |||
| Oneok, Inc. |
1,545 | 56,578 | |||
| Piedmont Natural Gas Co., Inc. |
454 | 10,869 | |||
| South Jersey Industries, Inc. |
250 | 8,825 | |||
| Southwest Gas Corp. |
316 | 8,083 | |||
| UGI Corp. |
1,062 | 26,614 | |||
| WGL Holdings, Inc. |
404 | 13,388 | |||
| Total Gas Utilities | 222,819 | ||||
| Health Care Equipment & Supplies – 0.4% | |||||
| Carefusion Corp.* |
2,420 | 52,756 | |||
| Cooper Cos., Inc. (The) |
364 | 10,822 | |||
| STERIS Corp. |
610 | 18,574 | |||
| Teleflex, Inc. |
452 | 21,836 | |||
| Total Health Care Equipment & Supplies | 103,988 | ||||
| Health Care Providers & Services – 8.2% | |||||
| Aetna, Inc. |
6,373 | 177,361 | |||
| Amedisys, Inc.*(a) |
367 | 16,012 | |||
| AMERIGROUP Corp.* |
761 | 16,871 | |||
| AmerisourceBergen Corp. |
3,263 | 73,026 | |||
| Cardinal Health, Inc. |
4,840 | 129,712 | |||
| Catalyst Health Solutions, Inc.* |
294 | 8,570 | |||
| Centene Corp.* |
515 | 9,754 | |||
| Chemed Corp. |
193 | 8,471 | |||
| Community Health Systems, Inc.* |
1,504 | 48,023 | |||
| DaVita, Inc.* |
900 | 50,976 | |||
| Health Net, Inc.* |
2,268 | 34,927 | |||
| Henry Schein, Inc.* |
782 | 42,940 | |||
| Humana, Inc.* |
2,809 | 104,776 | |||
| LifePoint Hospitals, Inc.* |
822 | 22,243 | |||
| Lincare Holdings, Inc.* |
1,232 | 38,500 | |||
| Magellan Health Services, Inc.* |
280 | 8,697 | |||
| McKesson Corp. |
4,264 | 253,921 | |||
| Medco Health Solutions, Inc.* |
2,873 | 158,906 | |||
| Omnicare, Inc. |
1,311 | 29,524 | |||
| Owens & Minor, Inc. |
305 | 13,801 | |||
See Notes to Financial Statements.
| 54 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree LargeCap Value Fund
September 30, 2009
| Investments | Shares | Value | |||
| PSS World Medical, Inc.* |
459 | $ | 10,020 | ||
| Quest Diagnostics, Inc. |
1,497 | 78,128 | |||
| UnitedHealth Group, Inc. |
22,184 | 555,487 | |||
| Universal Health Services, Inc. Class B |
614 | 38,025 | |||
| WellPoint, Inc.* |
7,724 | 365,809 | |||
| Total Health Care Providers & Services | 2,294,480 | ||||
| Health Care Technology – 0.2% | |||||
| Allscripts-Misys Healthcare Solutions, Inc. |
596 | 12,081 | |||
| Cerner Corp.* |
588 | 43,982 | |||
| Total Health Care Technology | 56,063 | ||||
| Hotels, Restaurants & Leisure – 0.4% | |||||
| Bob Evans Farms, Inc. |
355 | 10,316 | |||
| Brinker International, Inc. |
1,215 | 19,112 | |||
| Buffalo Wild Wings, Inc.*(a) |
86 | 3,579 | |||
| Burger King Holdings, Inc. |
927 | 16,306 | |||
| Darden Restaurants, Inc. |
1,316 | 44,915 | |||
| Jack In The Box, Inc.* |
594 | 12,171 | |||
| Panera Bread Co. Class A* |
152 | 8,360 | |||
| Total Hotels, Restaurants & Leisure | 114,759 | ||||
| Household Durables – 0.3% | |||||
| Jarden Corp. |
2,469 | 69,305 | |||
| Leggett & Platt, Inc. |
1,325 | 25,705 | |||
| Total Household Durables | 95,010 | ||||
| Industrial Conglomerates – 0.1% | |||||
| Carlisle Cos., Inc. |
976 | 33,096 | |||
| Insurance – 4.3% | |||||
| American Financial Group, Inc. |
1,432 | 36,516 | |||
| AON Corp. |
2,556 | 104,004 | |||
| Chubb Corp. |
4,809 | 242,422 | |||
| Hanover Insurance Group, Inc. (The) |
326 | 13,473 | |||
| HCC Insurance Holdings, Inc. |
1,385 | 37,880 | |||
| Marsh & McLennan Cos., Inc. |
4,634 | 114,599 | |||
| Navigators Group, Inc.* |
123 | 6,765 | |||
| Reinsurance Group of America, Inc. |
687 | 30,640 | |||
| RLI Corp. |
182 | 9,606 | |||
| Selective Insurance Group, Inc. |
507 | 7,975 | |||
| StanCorp Financial Group, Inc. |
814 | 32,861 | |||
| Tower Group, Inc. |
269 | 6,561 | |||
| Transatlantic Holdings, Inc. |
292 | 14,649 | |||
| Travelers Cos., Inc. (The) |
8,177 | 402,554 | |||
| Unum Group |
5,122 | 109,816 | |||
| W.R. Berkley Corp. |
1,084 | 27,403 | |||
| Total Insurance | 1,197,724 | ||||
| Internet Software & Services – 0.1% | |||||
| Earthlink, Inc. |
5,032 | 42,319 | |||
| IT Services – 1.4% | |||||
| Affiliated Computer Services, Inc. Class A* |
796 | 43,119 | |||
| Broadridge Financial Solutions, Inc. |
1,192 | 23,959 | |||
| CACI International, Inc. Class A* |
268 | 12,668 | |||
| Computer Sciences Corp.* |
2,868 | 151,172 | |||
| Investments | Shares | Value | |||
| Convergys Corp.* |
3,941 | $ | 39,174 | ||
| ManTech International Corp. Class A* |
245 | 11,554 | |||
| MAXIMUS, Inc. |
201 | 9,367 | |||
| Perot Systems Corp. Class A* |
995 | 29,551 | |||
| SAIC, Inc.* |
2,675 | 46,920 | |||
| SRA International, Inc. Class A* |
484 | 10,450 | |||
| Total IT Services | 377,934 | ||||
| Leisure Equipment & Products – 0.1% | |||||
| Hasbro, Inc. |
1,379 | 38,267 | |||
| Life Sciences Tools & Services – 0.1% | |||||
| Bio-Rad Laboratories, Inc. Class A* |
190 | 17,457 | |||
| Machinery – 2.1% | |||||
| Briggs & Stratton Corp.(a) |
333 | 6,463 | |||
| Cummins, Inc. |
3,599 | 161,271 | |||
| Dover Corp. |
3,124 | 121,086 | |||
| Gardner Denver, Inc.* |
1,007 | 35,124 | |||
| Kennametal, Inc. |
1,336 | 32,879 | |||
| Mueller Industries, Inc. |
439 | 10,479 | |||
| Pentair, Inc. |
1,230 | 36,310 | |||
| Stanley Works (The) |
1,217 | 51,954 | |||
| Timken Co. |
2,541 | 59,536 | |||
| Trinity Industries, Inc. |
3,443 | 59,185 | |||
| Watts Water Technologies, Inc. Class A |
435 | 13,159 | |||
| Total Machinery | 587,446 | ||||
| Media – 7.0% | |||||
| Interactive Data Corp. |
656 | 17,194 | |||
| Time Warner, Inc. |
67,466 | 1,941,671 | |||
| Total Media | 1,958,865 | ||||
| Metals & Mining – 0.4% | |||||
| Reliance Steel & Aluminum Co. |
2,077 | 88,397 | |||
| Schnitzer Steel Industries, Inc. Class A |
665 | 35,411 | |||
| Total Metals & Mining | 123,808 | ||||
| Multiline Retail – 2.6% | |||||
| Big Lots, Inc.* |
838 | 20,967 | |||
| Dollar Tree, Inc.* |
595 | 28,965 | |||
| Family Dollar Stores, Inc. |
842 | 22,229 | |||
| J.C. Penney Co., Inc. |
3,292 | 111,105 | |||
| Kohl’s Corp.* |
2,422 | 138,175 | |||
| Sears Holdings Corp.*(a) |
818 | 53,423 | |||
| Target Corp. |
7,277 | 339,690 | |||
| Total Multiline Retail | 714,554 | ||||
| Multi-Utilities – 3.4% | |||||
| Alliant Energy Corp. |
1,278 | 35,592 | |||
| Ameren Corp. |
2,703 | 68,332 | |||
| Avista Corp. |
511 | 10,332 | |||
| Centerpoint Energy, Inc. |
4,838 | 60,136 | |||
| CH Energy Group, Inc. |
87 | 3,855 | |||
| Consolidated Edison, Inc. |
1,732 | 70,908 | |||
| Integrys Energy Group, Inc. |
565 | 20,278 | |||
| MDU Resources Group, Inc. |
3,000 | 62,550 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 55 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree LargeCap Value Fund
September 30, 2009
| Investments | Shares | Value | |||
| NiSource, Inc. |
3,818 | $ | 53,032 | ||
| NorthWestern Corp. |
332 | 8,111 | |||
| NSTAR |
836 | 26,602 | |||
| OGE Energy Corp. |
1,264 | 41,813 | |||
| PG&E Corp. |
3,599 | 145,724 | |||
| SCANA Corp. |
1,328 | 46,347 | |||
| Sempra Energy |
2,741 | 136,529 | |||
| TECO Energy, Inc. |
1,568 | 22,078 | |||
| Vectren Corp. |
709 | 16,335 | |||
| Wisconsin Energy Corp. |
990 | 44,718 | |||
| Xcel Energy, Inc. |
3,879 | 74,632 | |||
| Total Multi-Utilities | 947,904 | ||||
| Oil, Gas & Consumable Fuels – 23.3% | |||||
| Chevron Corp. |
38,135 | 2,685,848 | |||
| CNX Gas Corp.* |
1,160 | 35,612 | |||
| ConocoPhillips |
45,806 | 2,068,599 | |||
| Hess Corp. |
4,953 | 264,787 | |||
| Holly Corp. |
705 | 18,062 | |||
| Marathon Oil Corp. |
21,411 | 683,011 | |||
| Murphy Oil Corp. |
4,287 | 246,803 | |||
| Southern Union Co. |
1,961 | 40,769 | |||
| Sunoco, Inc. |
4,386 | 124,782 | |||
| Tesoro Corp. |
1,796 | 26,904 | |||
| Valero Energy Corp. |
16,014 | 310,511 | |||
| World Fuel Services Corp. |
407 | 19,565 | |||
| Total Oil, Gas & Consumable Fuels | 6,525,253 | ||||
| Personal Products – 0.2% | |||||
| NBTY, Inc.* |
1,071 | 42,390 | |||
| Pharmaceuticals – 1.7% | |||||
| King Pharmaceuticals, Inc.* |
5,038 | 54,259 | |||
| Mylan, Inc.*(a) |
2,786 | 44,604 | |||
| Schering-Plough Corp. |
9,031 | 255,126 | |||
| Watson Pharmaceuticals, Inc.* |
2,934 | 107,502 | |||
| Total Pharmaceuticals | 461,491 | ||||
| Professional Services – 0.3% | |||||
| Manpower, Inc. |
1,333 | 75,595 | |||
| Resources Connection, Inc.* |
354 | 6,039 | |||
| Total Professional Services | 81,634 | ||||
| Road & Rail – 0.2% | |||||
| Old Dominion Freight Line, Inc.* |
330 | 10,042 | |||
| Ryder System, Inc. |
1,083 | 42,302 | |||
| Werner Enterprises, Inc. |
540 | 10,060 | |||
| Total Road & Rail | 62,404 | ||||
| Semiconductors & Semiconductor Equipment – 0.1% | |||||
| Skyworks Solutions, Inc.* |
1,681 | 22,257 | |||
| Software – 0.1% | |||||
| Compuware Corp.* |
2,517 | 18,450 | |||
| Quest Software, Inc.* |
614 | 10,346 | |||
| Total Software | 28,796 | ||||
| Investments | Shares | Value | |||
| Specialty Retail – 6.0% | |||||
| Aaron’s, Inc.(a) |
338 | $ | 8,923 | ||
| Advance Auto Parts, Inc. |
670 | 26,318 | |||
| Autonation, Inc.*(a) |
3,935 | 71,145 | |||
| Barnes & Noble, Inc.(a) |
552 | 12,265 | |||
| Bed Bath & Beyond, Inc.* |
2,152 | 80,786 | |||
| Best Buy Co., Inc. |
3,794 | 142,351 | |||
| Buckle, Inc. (The)(a) |
374 | 12,768 | |||
| Collective Brands, Inc.* |
1,148 | 19,895 | |||
| Foot Locker, Inc. |
521 | 6,226 | |||
| Gap, Inc. (The) |
8,499 | 181,879 | |||
| Home Depot, Inc. |
16,443 | 438,041 | |||
| Lowe’s Cos., Inc. |
13,826 | 289,516 | |||
| Men’s Wearhouse, Inc. (The) |
417 | 10,300 | |||
| O’Reilly Automotive, Inc.* |
667 | 24,105 | |||
| PetSmart, Inc. |
1,061 | 23,077 | |||
| RadioShack Corp. |
2,529 | 41,906 | |||
| Rent-A-Center, Inc.* |
800 | 15,104 | |||
| Ross Stores, Inc. |
952 | 45,477 | |||
| Sherwin-Williams Co. (The) |
1,174 | 70,628 | |||
| Staples, Inc. |
6,123 | 142,176 | |||
| Tractor Supply Co.* |
271 | 13,122 | |||
| Total Specialty Retail | 1,676,008 | ||||
| Textiles, Apparel & Luxury Goods – 0.9% | |||||
| Carter’s, Inc.* |
514 | 13,724 | |||
| Fossil, Inc.* |
1,007 | 28,649 | |||
| Phillips-Van Heusen Corp. |
447 | 19,127 | |||
| Polo Ralph Lauren Corp. |
1,299 | 99,529 | |||
| VF Corp. |
1,313 | 95,101 | |||
| Total Textiles, Apparel & Luxury Goods | 256,130 | ||||
| Tobacco – 0.1% | |||||
| Universal Corp. |
465 | 19,446 | |||
| Trading Companies & Distributors – 0.5% | |||||
| Applied Industrial Technologies, Inc. |
608 | 12,865 | |||
| Beacon Roofing Supply, Inc.* |
510 | 8,150 | |||
| W.W. Grainger, Inc. |
780 | 69,701 | |||
| Watsco, Inc. |
191 | 10,297 | |||
| WESCO International, Inc.* |
1,335 | 38,448 | |||
| Total Trading Companies & Distributors | 139,461 | ||||
| Wireless Telecommunication Services – 0.3% | |||||
| Syniverse Holdings, Inc.* |
567 | 9,922 | |||
| Telephone & Data Systems, Inc. |
2,186 | 67,788 | |||
| Total Wireless Telecommunication Services | 77,710 | ||||
| TOTAL COMMON STOCKS (Cost: $26,289,819) |
27,924,499 | ||||
| SHORT-TERM INVESTMENT – 0.2% | |||||
| MONEY MARKET FUND – 0.2% | |||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $60,119) |
60,119 | 60,119 | |||
See Notes to Financial Statements.
| 56 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree LargeCap Value Fund
September 30, 2009
| Investments | Shares | Value | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.0% | ||||||
| MONEY MARKET FUND – 1.0% | ||||||
| Dreyfus Institutional Preferred Money Market (Cost: $262,002)(d) |
262,002 | $ | 262,002 | |||
| TOTAL INVESTMENTS IN SECURITIES – 100.9% (Cost: $26,611,940)(e) |
28,246,620 | |||||
| Liabilities in Excess of Other Assets – (0.9)% |
(246,850 | ) | ||||
| NET ASSETS – 100.0% | $ | 27,999,770 | ||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $254,224 and the total market value of the collateral held by the Fund was $262,002. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 57 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree LargeCap Growth Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.9% | |||||
| Aerospace & Defense – 0.5% | |||||
| ITT Corp. |
1,422 | $ | 74,158 | ||
| TransDigm Group, Inc.* |
308 | 15,341 | |||
| Total Aerospace & Defense | 89,499 | ||||
| Air Freight & Logistics – 0.2% | |||||
| C.H. Robinson Worldwide, Inc. |
505 | 29,164 | |||
| Airlines – 0.0% | |||||
| Allegiant Travel Co.* |
47 | 1,790 | |||
| Beverages – 0.0% | |||||
| Hansen Natural Corp.* |
203 | 7,458 | |||
| Biotechnology – 4.6% | |||||
| Amgen, Inc.* |
7,000 | 421,610 | |||
| Biogen Idec, Inc.* |
1,114 | 56,279 | |||
| Celgene Corp.* |
966 | 53,999 | |||
| Cephalon, Inc.* |
432 | 25,160 | |||
| Cubist Pharmaceuticals, Inc.* |
667 | 13,473 | |||
| Genzyme Corp.* |
997 | 56,560 | |||
| Gilead Sciences, Inc.* |
3,160 | 147,193 | |||
| OSI Pharmaceuticals, Inc.* |
977 | 34,488 | |||
| United Therapeutics Corp.* |
248 | 12,150 | |||
| Total Biotechnology | 820,912 | ||||
| Capital Markets – 0.1% | |||||
| Knight Capital Group, Inc. Class A* |
555 | 12,071 | |||
| Stifel Financial Corp.* |
73 | 4,008 | |||
| Total Capital Markets | 16,079 | ||||
| Chemicals – 3.3% | |||||
| Calgon Carbon Corp.* |
100 | 1,483 | |||
| CF Industries Holdings, Inc. |
745 | 64,241 | |||
| FMC Corp. |
577 | 32,456 | |||
| Monsanto Co. |
1,950 | 150,930 | |||
| Mosaic Co. (The) |
5,186 | 249,292 | |||
| Olin Corp. |
697 | 12,156 | |||
| OM Group, Inc.* |
432 | 13,128 | |||
| Terra Industries, Inc. |
1,564 | 54,224 | |||
| Total Chemicals | 577,910 | ||||
| Commercial Banks – 0.1% | |||||
| First Financial Bankshares, Inc. |
74 | 3,660 | |||
| Signature Bank* |
106 | 3,074 | |||
| UMB Financial Corp. |
139 | 5,621 | |||
| WesBanco, Inc. |
123 | 1,902 | |||
| Total Commercial Banks | 14,257 | ||||
| Commercial Services & Supplies – 0.2% | |||||
| ABM Industries, Inc. |
259 | 5,449 | |||
| Copart, Inc.* |
344 | 11,425 | |||
| Rollins, Inc. |
271 | 5,108 | |||
| Stericycle, Inc.* |
214 | 10,369 | |||
| Tetra Tech, Inc.* |
199 | 5,279 | |||
| Total Commercial Services & Supplies | 37,630 | ||||
| Investments | Shares | Value | |||
| Communications Equipment – 2.1% | |||||
| Arris Group, Inc.* |
643 | $ | 8,365 | ||
| Brocade Communications Systems, Inc.* |
4,693 | 36,887 | |||
| CommScope, Inc.* |
934 | 27,955 | |||
| F5 Networks, Inc.* |
218 | 8,639 | |||
| Harmonic, Inc.* |
743 | 4,963 | |||
| InterDigital, Inc.* |
41 | 950 | |||
| Juniper Networks, Inc.* |
2,042 | 55,175 | |||
| Polycom, Inc.* |
401 | 10,727 | |||
| QUALCOMM, Inc. |
4,680 | 210,507 | |||
| Riverbed Technology, Inc.* |
98 | 2,152 | |||
| Tekelec* |
287 | 4,715 | |||
| Total Communications Equipment | 371,035 | ||||
| Computers & Peripherals – 4.4% | |||||
| Apple, Inc.* |
2,749 | 509,582 | |||
| EMC Corp.* |
9,169 | 156,240 | |||
| QLogic Corp.* |
704 | 12,109 | |||
| Synaptics, Inc.* |
81 | 2,041 | |||
| Western Digital Corp.* |
2,589 | 94,576 | |||
| Total Computers & Peripherals | 774,548 | ||||
| Construction & Engineering – 1.0% | |||||
| Aecom Technology Corp.* |
403 | 10,937 | |||
| EMCOR Group, Inc.* |
715 | 18,104 | |||
| Fluor Corp. |
1,115 | 56,698 | |||
| Granite Construction, Inc. |
186 | 5,755 | |||
| Insituform Technologies, Inc. Class A* |
88 | 1,684 | |||
| Jacobs Engineering Group, Inc.* |
657 | 30,189 | |||
| KBR, Inc. |
1,311 | 30,533 | |||
| MasTec, Inc.* |
390 | 4,739 | |||
| Quanta Services, Inc.* |
479 | 10,600 | |||
| URS Corp.* |
350 | 15,278 | |||
| Total Construction & Engineering | 184,517 | ||||
| Containers & Packaging – 0.1% | |||||
| Rock-Tenn Co. Class A |
323 | 15,216 | |||
| Silgan Holdings, Inc. |
197 | 10,388 | |||
| Total Containers & Packaging | 25,604 | ||||
| Distributors – 0.1% | |||||
| LKQ Corp.* |
459 | 8,510 | |||
| Diversified Consumer Services – 0.7% | |||||
| American Public Education, Inc.* |
28 | 973 | |||
| Apollo Group, Inc. Class A* |
535 | 39,413 | |||
| Capella Education Co.* |
39 | 2,626 | |||
| Career Education Corp.* |
242 | 5,900 | |||
| Coinstar, Inc.* |
37 | 1,220 | |||
| Corinthian Colleges, Inc.* |
153 | 2,840 | |||
| DeVry, Inc. |
212 | 11,728 | |||
| H&R Block, Inc. |
2,149 | 39,499 | |||
| ITT Educational Services, Inc.* |
131 | 14,464 | |||
| Strayer Education, Inc. |
30 | 6,530 | |||
| Total Diversified Consumer Services | 125,193 | ||||
See Notes to Financial Statements.
| 58 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree LargeCap Growth Fund
September 30, 2009
| Investments | Shares | Value | |||
| Diversified Financial Services – 0.1% | |||||
| IntercontinentalExchange, Inc.* |
255 | $ | 24,783 | ||
| Electric Utilities – 0.1% | |||||
| ITC Holdings Corp. |
176 | 7,999 | |||
| Unisource Energy Corp. |
65 | 1,999 | |||
| Total Electric Utilities | 9,998 | ||||
| Electrical Equipment – 0.5% | |||||
| Ametek, Inc. |
561 | 19,585 | |||
| First Solar, Inc.* |
170 | 25,986 | |||
| GrafTech International Ltd.* |
1,947 | 28,621 | |||
| Regal-Beloit Corp. |
244 | 11,153 | |||
| Sunpower Corp. Class A* |
252 | 7,532 | |||
| Total Electrical Equipment | 92,877 | ||||
| Electronic Equipment, Instruments & Components – 0.4% | |||||
| Amphenol Corp. Class A |
960 | 36,174 | |||
| Dolby Laboratories, Inc. Class A* |
402 | 15,352 | |||
| FLIR Systems, Inc.* |
651 | 18,208 | |||
| Total Electronic Equipment, Instruments & Components | 69,734 | ||||
| Energy Equipment & Services – 1.4% | |||||
| Atwood Oceanics, Inc.* |
789 | 27,828 | |||
| Diamond Offshore Drilling, Inc. |
1,283 | 122,551 | |||
| Dresser-Rand Group, Inc.* |
480 | 14,914 | |||
| Oil States International, Inc.* |
1,150 | 40,400 | |||
| SEACOR Holdings, Inc.* |
249 | 20,326 | |||
| Tidewater, Inc. |
619 | 29,149 | |||
| Total Energy Equipment & Services | 255,168 | ||||
| Food & Staples Retailing – 5.7% | |||||
| BJ’s Wholesale Club, Inc.* |
302 | 10,938 | |||
| Casey’s General Stores, Inc. |
216 | 6,778 | |||
| Kroger Co. (The) |
4,297 | 88,690 | |||
| United Natural Foods, Inc.* |
183 | 4,377 | |||
| Wal-Mart Stores, Inc. |
18,279 | 897,317 | |||
| Total Food & Staples Retailing | 1,008,100 | ||||
| Food Products – 1.5% | |||||
| American Italian Pasta Co. Class A* |
104 | 2,827 | |||
| Archer-Daniels-Midland Co. |
6,851 | 200,185 | |||
| Dean Foods Co.* |
728 | 12,951 | |||
| Flowers Foods, Inc. |
354 | 9,307 | |||
| Green Mountain Coffee Roasters, Inc.* |
34 | 2,511 | |||
| J.M. Smucker Co. (The) |
457 | 24,226 | |||
| Lancaster Colony Corp. |
98 | 5,024 | |||
| Lance, Inc. |
63 | 1,627 | |||
| TreeHouse Foods, Inc.* |
110 | 3,924 | |||
| Total Food Products | 262,582 | ||||
| Gas Utilities – 0.8% | |||||
| Atmos Energy Corp. |
543 | 15,302 | |||
| Laclede Group, Inc. (The) |
130 | 4,181 | |||
| National Fuel Gas Co. |
725 | 33,212 | |||
| New Jersey Resources Corp. |
207 | 7,516 | |||
| Investments | Shares | Value | |||
| Nicor, Inc. |
255 | $ | 9,330 | ||
| Piedmont Natural Gas Co., Inc. |
298 | 7,134 | |||
| Questar Corp. |
1,542 | 57,919 | |||
| UGI Corp. |
640 | 16,038 | |||
| Total Gas Utilities | 150,632 | ||||
| Health Care Equipment & Supplies – 2.0% | |||||
| Baxter International, Inc. |
2,952 | 168,295 | |||
| C.R. Bard, Inc. |
444 | 34,903 | |||
| Edwards Lifesciences Corp.* |
179 | 12,514 | |||
| Gen-Probe, Inc.* |
139 | 5,760 | |||
| Haemonetics Corp.* |
87 | 4,882 | |||
| Immucor, Inc.* |
233 | 4,124 | |||
| Intuitive Surgical, Inc.* |
109 | 28,585 | |||
| Masimo Corp.* |
80 | 2,096 | |||
| Resmed, Inc.* |
226 | 10,215 | |||
| St. Jude Medical, Inc.* |
1,604 | 62,572 | |||
| STERIS Corp. |
345 | 10,505 | |||
| Teleflex, Inc. |
279 | 13,478 | |||
| Thoratec Corp.* |
59 | 1,786 | |||
| Total Health Care Equipment & Supplies | 359,715 | ||||
| Health Care Providers & Services – 1.8% | |||||
| Amedisys, Inc.* |
209 | 9,119 | |||
| AMERIGROUP Corp.* |
458 | 10,154 | |||
| AmerisourceBergen Corp. |
1,985 | 44,424 | |||
| Catalyst Health Solutions, Inc.* |
172 | 5,014 | |||
| Centene Corp.* |
299 | 5,663 | |||
| Chemed Corp. |
120 | 5,267 | |||
| Community Health Systems, Inc.* |
802 | 25,608 | |||
| DaVita, Inc.* |
606 | 34,324 | |||
| HMS Holdings Corp.* |
49 | 1,873 | |||
| Magellan Health Services, Inc.* |
181 | 5,622 | |||
| Medco Health Solutions, Inc.* |
1,778 | 98,341 | |||
| Omnicare, Inc. |
756 | 17,025 | |||
| PSS World Medical, Inc.* |
307 | 6,702 | |||
| Quest Diagnostics, Inc. |
912 | 47,597 | |||
| VCA Antech, Inc.* |
406 | 10,917 | |||
| Total Health Care Providers & Services | 327,650 | ||||
| Health Care Technology – 0.2% | |||||
| Cerner Corp.* |
328 | 24,534 | |||
| Quality Systems, Inc. |
63 | 3,879 | |||
| Total Health Care Technology | 28,413 | ||||
| Hotels, Restaurants & Leisure – 2.0% | |||||
| Bally Technologies, Inc.* |
345 | 13,238 | |||
| Bob Evans Farms, Inc. |
182 | 5,289 | |||
| Buffalo Wild Wings, Inc.* |
45 | 1,872 | |||
| Darden Restaurants, Inc. |
693 | 23,652 | |||
| McDonald’s Corp. |
5,135 | 293,055 | |||
| Panera Bread Co. Class A* |
85 | 4,675 | |||
| Vail Resorts, Inc.* |
243 | 8,150 | |||
| Total Hotels, Restaurants & Leisure | 349,931 | ||||
| Household Products – 0.1% | |||||
| Church & Dwight Co., Inc. |
280 | 15,887 | |||
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 59 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree LargeCap Growth Fund
September 30, 2009
| Investments | Shares | Value | |||
| Insurance – 0.4% | |||||
| AON Corp. |
1,595 | $ | 64,901 | ||
| Brown & Brown, Inc. |
606 | 11,611 | |||
| Total Insurance | 76,512 | ||||
| Internet & Catalog Retail – 0.5% | |||||
| Amazon.com, Inc.* |
530 | 49,481 | |||
| NetFlix, Inc.* |
128 | 5,910 | |||
| priceline.com, Inc.* |
148 | 24,541 | |||
| Total Internet & Catalog Retail | 79,932 | ||||
| Internet Software & Services – 2.5% | |||||
| Akamai Technologies, Inc.* |
504 | 9,919 | |||
| Digital River, Inc.* |
129 | 5,201 | |||
| Earthlink, Inc. |
2,739 | 23,035 | |||
| Google, Inc. Class A* |
770 | 381,805 | |||
| j2 Global Communications, Inc.* |
204 | 4,694 | |||
| VeriSign, Inc.* |
693 | 16,417 | |||
| Total Internet Software & Services | 441,071 | ||||
| IT Services – 4.1% | |||||
| Affiliated Computer Services, Inc. Class A* |
489 | 26,489 | |||
| Alliance Data Systems Corp.* |
391 | 23,882 | |||
| Broadridge Financial Solutions, Inc. |
686 | 13,789 | |||
| CACI International, Inc. Class A* |
169 | 7,989 | |||
| Cognizant Technology Solutions Corp. Class A* |
1,287 | 49,755 | |||
| Computer Sciences Corp.* |
1,798 | 94,773 | |||
| Cybersource Corp.* |
51 | 850 | |||
| Fidelity National Information Services, Inc. |
822 | 20,969 | |||
| Fiserv, Inc.* |
775 | 37,355 | |||
| Global Payments, Inc. |
395 | 18,447 | |||
| ManTech International Corp. Class A* |
153 | 7,215 | |||
| Mastercard, Inc. Class A |
923 | 186,584 | |||
| MAXIMUS, Inc. |
128 | 5,965 | |||
| Metavante Technologies, Inc.* |
398 | 13,723 | |||
| Visa, Inc. Class A |
3,110 | 214,932 | |||
| Total IT Services | 722,717 | ||||
| Life Sciences Tools & Services – 0.1% | |||||
| Bio-Rad Laboratories, Inc. Class A* |
120 | 11,026 | |||
| Illumina, Inc.* |
148 | 6,290 | |||
| Total Life Sciences Tools & Services | 17,316 | ||||
| Machinery – 0.6% | |||||
| Bucyrus International, Inc. |
886 | 31,559 | |||
| ESCO Technologies, Inc.* |
75 | 2,955 | |||
| Flowserve Corp. |
509 | 50,157 | |||
| Middleby Corp.* |
110 | 6,051 | |||
| Valmont Industries, Inc. |
143 | 12,181 | |||
| Total Machinery | 102,903 | ||||
| Media – 2.2% | |||||
| Comcast Corp. Class A |
14,842 | 250,681 | |||
| DIRECTV Group, Inc. (The)* |
4,282 | 118,098 | |||
| Marvel Entertainment, Inc.* |
457 | 22,676 | |||
| Total Media | 391,455 | ||||
| Investments | Shares | Value | |||
| Metals & Mining – 1.9% | |||||
| Newmont Mining Corp. |
1,543 | $ | 67,923 | ||
| Nucor Corp. |
3,063 | 143,991 | |||
| Schnitzer Steel Industries, Inc. Class A |
302 | 16,082 | |||
| Steel Dynamics, Inc. |
2,678 | 41,081 | |||
| Walter Energy, Inc. |
1,173 | 70,450 | |||
| Total Metals & Mining | 339,527 | ||||
| Multiline Retail – 0.2% | |||||
| Big Lots, Inc.* |
417 | 10,433 | |||
| Dollar Tree, Inc.* |
376 | 18,304 | |||
| Family Dollar Stores, Inc. |
512 | 13,517 | |||
| Total Multiline Retail | 42,254 | ||||
| Multi-Utilities – 0.8% | |||||
| Black Hills Corp. |
145 | 3,650 | |||
| CH Energy Group, Inc. |
55 | 2,437 | |||
| NorthWestern Corp. |
220 | 5,375 | |||
| NSTAR |
528 | 16,801 | |||
| PG&E Corp. |
2,211 | 89,522 | |||
| SCANA Corp. |
783 | 27,327 | |||
| Total Multi-Utilities | 145,112 | ||||
| Oil, Gas & Consumable Fuels – 39.5% | |||||
| Alpha Natural Resources, Inc.* |
585 | 20,534 | |||
| Anadarko Petroleum Corp. |
5,341 | 335,041 | |||
| Arena Resources, Inc.* |
200 | 7,100 | |||
| Bill Barrett Corp.* |
304 | 9,968 | |||
| Chevron Corp. |
23,967 | 1,687,996 | |||
| CNX Gas Corp.* |
635 | 19,495 | |||
| Comstock Resources, Inc.* |
446 | 17,876 | |||
| Concho Resources, Inc.* |
725 | 26,332 | |||
| Continental Resources, Inc.* |
925 | 36,232 | |||
| Denbury Resources, Inc.* |
1,705 | 25,797 | |||
| Encore Acquisition Co.* |
1,047 | 39,158 | |||
| EOG Resources, Inc. |
2,832 | 236,500 | |||
| Exxon Mobil Corp. |
47,317 | 3,246,419 | |||
| Hess Corp. |
3,011 | 160,968 | |||
| Massey Energy Co. |
1,648 | 45,963 | |||
| Murphy Oil Corp. |
2,508 | 144,386 | |||
| Noble Energy, Inc. |
1,573 | 103,755 | |||
| NuStar GP Holdings LLC |
208 | 5,158 | |||
| Occidental Petroleum Corp. |
8,183 | 641,547 | |||
| Peabody Energy Corp. |
2,732 | 101,685 | |||
| Range Resources Corp. |
568 | 28,036 | |||
| Southwestern Energy Co.* |
1,058 | 45,155 | |||
| Whiting Petroleum Corp.* |
509 | 29,308 | |||
| World Fuel Services Corp. |
205 | 9,854 | |||
| Total Oil, Gas & Consumable Fuels | 7,024,263 | ||||
| Personal Products – 0.0% | |||||
| Chattem, Inc.* |
103 | 6,840 | |||
| Pharmaceuticals – 5.8% | |||||
| Abbott Laboratories |
8,530 | 421,978 | |||
| Allergan, Inc. |
971 | 55,114 | |||
| Bristol-Myers Squibb Co. |
8,536 | 192,231 | |||
See Notes to Financial Statements.
| 60 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree LargeCap Growth Fund
September 30, 2009
| Investments | Shares | Value | |||
| Endo Pharmaceuticals Holdings, Inc.* |
1,007 | $ | 22,788 | ||
| Medicines Co. (The)* |
78 | 859 | |||
| Mylan, Inc.* |
1,562 | 25,008 | |||
| Perrigo Co. |
442 | 15,024 | |||
| Schering-Plough Corp. |
5,701 | 161,053 | |||
| Sepracor, Inc.* |
2,833 | 64,876 | |||
| Valeant Pharmaceuticals International* |
172 | 4,826 | |||
| Watson Pharmaceuticals, Inc.* |
1,929 | 70,679 | |||
| Total Pharmaceuticals | 1,034,436 | ||||
| Professional Services – 0.1% | |||||
| CoStar Group, Inc.* |
51 | 2,102 | |||
| FTI Consulting, Inc.* |
181 | 7,712 | |||
| Huron Consulting Group, Inc.* |
79 | 2,041 | |||
| Total Professional Services | 11,855 | ||||
| Real Estate Investment Trusts (REITs) – 0.4% | |||||
| Corporate Office Properties Trust SBI MD |
69 | 2,545 | |||
| Digital Realty Trust, Inc. |
56 | 2,560 | |||
| Investors Real Estate Trust |
60 | 542 | |||
| Public Storage |
765 | 57,558 | |||
| Total Real Estate Investment Trusts (REITs) | 63,205 | ||||
| Road & Rail – 0.0% | |||||
| Heartland Express, Inc. |
296 | 4,263 | |||
| Knight Transportation, Inc. |
244 | 4,094 | |||
| Total Road & Rail | 8,357 | ||||
| Semiconductors & Semiconductor Equipment – 0.7% | |||||
| Altera Corp. |
1,399 | 28,693 | |||
| Broadcom Corp. Class A* |
1,325 | 40,665 | |||
| Cree, Inc.* |
76 | 2,793 | |||
| Hittite Microwave Corp.* |
109 | 4,009 | |||
| ON Semiconductor Corp.* |
2,709 | 22,349 | |||
| Semtech Corp.* |
192 | 3,266 | |||
| Silicon Laboratories, Inc.* |
116 | 5,378 | |||
| Skyworks Solutions, Inc.* |
925 | 12,247 | |||
| Total Semiconductors & Semiconductor Equipment | 119,400 | ||||
| Software – 4.0% | |||||
| Aci Worldwide, Inc.* |
119 | 1,800 | |||
| Ansys, Inc.* |
293 | 10,979 | |||
| AsiaInfo Holdings, Inc.* |
76 | 1,518 | |||
| BMC Software, Inc.* |
698 | 26,196 | |||
| Compuware Corp.* |
1,364 | 9,998 | |||
| Concur Technologies, Inc.* |
56 | 2,227 | |||
| EPIQ Systems, Inc.* |
70 | 1,015 | |||
| FactSet Research Systems, Inc. |
194 | 12,851 | |||
| Intuit, Inc.* |
1,160 | 33,060 | |||
| McAfee, Inc.* |
398 | 17,428 | |||
| Oracle Corp. |
22,008 | 458,648 | |||
| Quest Software, Inc.* |
371 | 6,251 | |||
| Red Hat, Inc.* |
285 | 7,877 | |||
| Rovi Corp.* |
55 | 1,848 | |||
| Salesforce.com, Inc.* |
79 | 4,497 | |||
| Solera Holdings, Inc. |
99 | 3,080 | |||
| Investments | Shares | Value | |||
| Sybase, Inc.* |
326 | $ | 12,681 | ||
| Symantec Corp.* |
3,171 | 52,226 | |||
| Synopsys, Inc.* |
667 | 14,954 | |||
| TIBCO Software, Inc.* |
554 | 5,257 | |||
| VMware, Inc. Class A* |
675 | 27,115 | |||
| Total Software | 711,506 | ||||
| Specialty Retail – 1.3% | |||||
| Aaron’s, Inc. |
180 | 4,752 | |||
| Advance Auto Parts, Inc. |
383 | 15,044 | |||
| Aeropostale, Inc.* |
336 | 14,606 | |||
| Autozone, Inc.* |
273 | 39,918 | |||
| Best Buy Co., Inc. |
2,224 | 83,443 | |||
| Buckle, Inc. (The) |
206 | 7,033 | |||
| Gymboree Corp.* |
225 | 10,886 | |||
| O’Reilly Automotive, Inc.* |
374 | 13,516 | |||
| PetSmart, Inc. |
570 | 12,398 | |||
| Ross Stores, Inc. |
545 | 26,035 | |||
| Tractor Supply Co.* |
140 | 6,779 | |||
| Total Specialty Retail | 234,410 | ||||
| Textiles, Apparel & Luxury Goods – 0.1% | |||||
| Carter’s, Inc.* |
268 | 7,156 | |||
| Deckers Outdoor Corp.* |
116 | 9,842 | |||
| Lululemon Athletica, Inc.* |
216 | 4,914 | |||
| Total Textiles, Apparel & Luxury Goods | 21,912 | ||||
| Thrifts & Mortgage Finance – 0.3% | |||||
| Capitol Federal Financial |
106 | 3,490 | |||
| Hudson City Bancorp, Inc. |
2,430 | 31,954 | |||
| NewAlliance Bancshares, Inc. |
251 | 2,686 | |||
| People’s United Financial, Inc. |
805 | 12,526 | |||
| Total Thrifts & Mortgage Finance | 50,656 | ||||
| Trading Companies & Distributors – 0.2% | |||||
| Beacon Roofing Supply, Inc.* |
253 | 4,043 | |||
| W.W. Grainger, Inc. |
429 | 38,335 | |||
| Total Trading Companies & Distributors | 42,378 | ||||
| Water Utilities – 0.1% | |||||
| American States Water Co. |
60 | 2,171 | |||
| Aqua America, Inc. |
354 | 6,244 | |||
| California Water Service Group |
74 | 2,882 | |||
| Total Water Utilities | 11,297 | ||||
| Wireless Telecommunication Services – 0.1% | |||||
| MetroPCS Communications, Inc.* |
630 | 5,897 | |||
| Syniverse Holdings, Inc.* |
367 | 6,422 | |||
| Total Wireless Telecommunication Services | 12,319 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 99.9% (Cost: $15,315,714)(a) |
17,751,209 | ||||
| Cash and Other Assets in Excess of Liabilities – 0.1% |
12,523 | ||||
| NET ASSETS – 100.0% | $ | 17,763,732 | |||
| * | Non-income producing security. |
| (a) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 61 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree India Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 100.1% | |||||
| Aerospace & Defense – 0.4% | |||||
| Bharat Electronics Ltd. |
66,825 | $ | 2,130,607 | ||
| Auto Components – 0.5% | |||||
| Amtek Auto Ltd. |
625,433 | 2,873,962 | |||
| Automobiles – 2.6% | |||||
| Bajaj Auto Ltd. |
39,346 | 1,222,585 | |||
| Hero Honda Motors Ltd. |
125,724 | 4,370,872 | |||
| Mahindra & Mahindra Ltd. |
328,370 | 6,028,820 | |||
| Maruti Suzuki India Ltd. |
79,871 | 2,824,915 | |||
| Total Automobiles | 14,447,192 | ||||
| Beverages – 0.3% | |||||
| United Spirits Ltd. |
83,145 | 1,581,146 | |||
| Building Products – 0.4% | |||||
| Sintex Industries Ltd. |
431,779 | 2,290,166 | |||
| Chemicals – 0.9% | |||||
| Asian Paints Ltd. |
34,989 | 1,022,467 | |||
| Gujarat Narmada Valley Fertilizers Co., Ltd. |
111,607 | 235,951 | |||
| Tata Chemicals Ltd. |
272,522 | 1,593,890 | |||
| United Phosphorus Ltd. |
579,633 | 1,998,381 | |||
| Total Chemicals | 4,850,689 | ||||
| Commercial Banks – 14.6% | |||||
| Allahabad Bank |
555,295 | 1,379,436 | |||
| Andhra Bank |
489,358 | 1,078,815 | |||
| Axis Bank Ltd. |
381,180 | 7,806,246 | |||
| Bank of India |
610,823 | 5,270,182 | |||
| Canara Bank |
503,411 | 3,372,817 | |||
| Central Bank of India |
404,225 | 1,348,677 | |||
| Corp. Bank |
166,946 | 1,468,347 | |||
| Federal Bank Ltd. |
365,306 | 1,912,531 | |||
| HDFC Bank Ltd. |
280,518 | 9,624,674 | |||
| ICICI Bank Ltd. |
816,443 | 15,403,880 | |||
| IDBI Bank Ltd. |
569,502 | 1,508,846 | |||
| Indian Bank |
603,008 | 2,053,273 | |||
| Indian Overseas Bank |
995,597 | 2,627,399 | |||
| Karnataka Bank Ltd. |
397,902 | 1,152,224 | |||
| Oriental Bank of Commerce |
310,516 | 1,539,509 | |||
| State Bank of India Ltd. |
422,222 | 19,265,278 | |||
| Syndicate Bank |
801,675 | 1,556,521 | |||
| Uco Bank |
943,653 | 1,108,334 | |||
| Yes Bank Ltd.* |
336,693 | 1,435,171 | |||
| Total Commercial Banks | 80,912,160 | ||||
| Construction & Engineering – 2.3% | |||||
| IVRCL Infrastructures & Projects Ltd. |
278,295 | 2,273,278 | |||
| Larsen & Toubro Ltd. |
231,390 | 8,125,226 | |||
| Nagarjuna Construction Co. |
455,116 | 1,417,241 | |||
| Voltas Ltd. |
300,628 | 908,352 | |||
| Total Construction & Engineering | 12,724,097 | ||||
| Construction Materials – 2.6% | |||||
| ACC Ltd. |
145,275 | 2,477,119 | |||
| Ambuja Cements Ltd. |
2,269,623 | 4,701,547 | |||
| Investments | Shares | Value | |||
| Anant Raj Industries Ltd. |
193,739 | $ | 617,806 | ||
| India Cements Ltd. |
638,260 | 1,783,891 | |||
| Madras Cements Ltd. |
404,761 | 1,019,791 | |||
| Shree Cement Ltd. |
36,884 | 1,267,650 | |||
| Ultratech Cement Ltd. |
136,612 | 2,270,761 | |||
| Total Construction Materials | 14,138,565 | ||||
| Diversified Financial Services – 3.4% | |||||
| IFCI Ltd. |
3,394,794 | 3,983,705 | |||
| Infrastructure Development Finance Co., Ltd. |
1,561,460 | 4,740,697 | |||
| Kotak Mahindra Bank Ltd. |
120,945 | 1,959,809 | |||
| Power Finance Corp., Ltd. |
393,591 | 1,873,658 | |||
| Reliance Capital Ltd. |
216,086 | 4,123,400 | |||
| Rural Electrification Corp., Ltd. |
498,792 | 2,088,280 | |||
| Total Diversified Financial Services | 18,769,549 | ||||
| Diversified Telecommunication Services –0.1% | |||||
| Tulip Telecom Ltd. |
38,065 | 736,058 | |||
| Electric Utilities – 2.4% | |||||
| Power Grid Corp. of India Ltd. |
1,002,085 | 2,290,391 | |||
| Reliance Infrastructure Ltd. |
229,045 | 5,814,804 | |||
| Tata Power Co., Ltd. |
143,506 | 3,931,984 | |||
| Torrent Power Ltd. |
189,035 | 1,251,785 | |||
| Total Electric Utilities | 13,288,964 | ||||
| Electrical Equipment – 1.7% | |||||
| ABB Ltd. |
98,223 | 1,601,726 | |||
| Bharat Heavy Electricals Ltd. |
137,141 | 6,639,244 | |||
| Crompton Greaves Ltd. |
211,029 | 1,375,933 | |||
| Total Electrical Equipment | 9,616,903 | ||||
| Energy Equipment & Services – 0.4% | |||||
| Aban Offshore Ltd. |
37,404 | 1,239,453 | |||
| Great Offshore Ltd. |
104,002 | 1,218,599 | |||
| Total Energy Equipment & Services | 2,458,052 | ||||
| Food Products – 0.6% | |||||
| Nestle India Ltd. |
26,411 | 1,246,184 | |||
| Tata Tea Ltd. |
118,782 | 2,214,894 | |||
| Total Food Products | 3,461,078 | ||||
| Gas Utilities – 1.0% | |||||
| GAIL India Ltd. |
774,588 | 5,783,043 | |||
| Health Care Equipment & Supplies – 0.1% | |||||
| Opto Circuits India Ltd. |
172,201 | 721,845 | |||
| Household Durables – 0.5% | |||||
| Videocon Industries Ltd. |
506,831 | 2,659,269 | |||
| Household Products – 2.0% | |||||
| Hindustan Unilever Ltd. |
1,978,227 | 10,798,928 | |||
| Independent Power Producers & Energy Traders – 1.4% |
|||||
| NTPC Ltd. |
1,684,238 | 7,483,752 | |||
| Industrial Conglomerates – 0.6% | |||||
| Jaiprakash Associates Ltd. |
362,057 | 1,787,518 | |||
| Siemens India Ltd. |
139,143 | 1,611,548 | |||
| Total Industrial Conglomerates | 3,399,066 | ||||
See Notes to Financial Statements.
| 62 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree India Earnings Fund
September 30, 2009
| Investments | Shares | Value | |||
| IT Services – 12.5% | |||||
| HCL Technologies Ltd. |
420,589 | $ | 2,979,664 | ||
| Infosys Technologies Ltd. |
859,228 | 41,195,789 | |||
| Mphasis Ltd. |
69,571 | 964,492 | |||
| Patni Computer Systems Ltd. |
229,443 | 2,195,222 | |||
| Rolta India Ltd. |
453,010 | 1,670,595 | |||
| Tata Consultancy Services Ltd. |
870,113 | 11,232,515 | |||
| Tech Mahindra Ltd. |
85,144 | 1,656,950 | |||
| Wipro Ltd. |
576,832 | 7,219,843 | |||
| Total IT Services | 69,115,070 | ||||
| Life Sciences Tools & Services – 0.3% | |||||
| Divi’s Laboratories Ltd. |
122,281 | 1,439,131 | |||
| Machinery – 0.6% | |||||
| Ashok Leyland Ltd. |
1,302,479 | 1,146,658 | |||
| Cummins India Ltd. |
166,403 | 1,209,150 | |||
| Thermax Ltd. |
88,567 | 1,005,527 | |||
| Total Machinery | 3,361,335 | ||||
| Marine – 0.7% | |||||
| Mercator Lines Ltd. |
1,789,950 | 2,336,740 | |||
| Shipping Corp. of India Ltd. |
587,125 | 1,725,797 | |||
| Total Marine | 4,062,537 | ||||
| Media – 0.6% | |||||
| Sun TV Network Ltd. |
130,872 | 891,796 | |||
| Zee Entertainment Enterprises Ltd. |
516,321 | 2,562,553 | |||
| Total Media | 3,454,349 | ||||
| Metals & Mining – 9.1% | |||||
| Bhushan Steel Ltd. |
35,058 | 1,023,354 | |||
| Hindalco Industries Ltd. |
443,784 | 1,190,528 | |||
| Hindustan Zinc Ltd. |
75,188 | 1,291,818 | |||
| Jindal Saw Ltd. |
54,790 | 859,180 | |||
| Jindal Steel & Power Ltd. |
758,053 | 9,250,122 | |||
| JSW Steel Ltd. |
76,505 | 1,324,146 | |||
| Maharashtra Seamless Ltd. |
122,191 | 798,985 | |||
| National Aluminium Co., Ltd. |
191,711 | 1,387,070 | |||
| Sesa Goa Ltd. |
1,336,270 | 7,380,666 | |||
| Steel Authority of India Ltd. |
2,083,908 | 7,403,386 | |||
| Sterlite Industries India Ltd. |
455,092 | 7,342,208 | |||
| Tata Steel Ltd. |
960,522 | 10,172,287 | |||
| Welspun-Gujarat Stahl Ltd. |
187,745 | 1,014,928 | |||
| Total Metals & Mining | 50,438,678 | ||||
| Oil, Gas & Consumable Fuels – 20.4% | |||||
| Bharat Petroleum Corp., Ltd. |
100,808 | 1,202,969 | |||
| Great Eastern Shipping Co., Ltd. (The) |
514,994 | 2,946,723 | |||
| Hindustan Petroleum Corp., Ltd. |
174,099 | 1,454,535 | |||
| Indian Oil Corp., Ltd. |
320,110 | 4,528,320 | |||
| Mangalore Refinery & Petrochemicals Ltd. |
647,714 | 1,229,317 | |||
| Oil & Natural Gas Corp., Ltd. |
1,598,327 | 38,940,635 | |||
| Petronet Lng Ltd. |
699,470 | 1,148,698 | |||
| Reliance Industries Ltd.* |
1,337,311 | 61,205,503 | |||
| Total Oil, Gas & Consumable Fuels | 112,656,700 | ||||
| Investments | Shares | Value | ||||
| Personal Products – 0.3% | ||||||
| Dabur India Ltd. |
493,670 | $ | 1,461,358 | |||
| Pharmaceuticals – 2.5% | ||||||
| Cipla Ltd. |
472,100 | 2,746,924 | ||||
| GlaxoSmithKline Pharmaceuticals Ltd. |
40,272 | 1,299,328 | ||||
| Glenmark Pharmaceuticals Ltd. |
181,066 | 896,202 | ||||
| Lupin Ltd. |
49,878 | 1,176,833 | ||||
| Piramal Healthcare Ltd. |
202,023 | 1,610,137 | ||||
| Sun Pharmaceutical Industries Ltd. |
217,117 | 6,353,284 | ||||
| Total Pharmaceuticals | 14,082,708 | |||||
| Real Estate Management & Development – 1.4% | ||||||
| DLF Ltd. |
535,646 | 4,877,101 | ||||
| Housing Development & Infrastructure Ltd.* |
423,422 | 2,836,016 | ||||
| Total Real Estate Management & Development | 7,713,117 | |||||
| Road & Rail – 0.3% | ||||||
| Container Corp. of India |
67,773 | 1,685,978 | ||||
| Software – 0.6% | ||||||
| Financial Technologies India Ltd. |
39,598 | 1,137,851 | ||||
| Geodesic Ltd. |
202,160 | 585,405 | ||||
| Oracle Financial Sevices Software Ltd.* |
35,276 | 1,349,698 | ||||
| Total Software | 3,072,954 | |||||
| Textiles, Apparel & Luxury Goods – 0.2% | ||||||
| Alok Industries Ltd. |
2,407,653 | 1,191,189 | ||||
| Thrifts & Mortgage Finance – 3.2% | ||||||
| Housing Development Finance Corp. |
260,464 | 15,103,988 | ||||
| Lic Housing Finance Ltd. |
151,070 | 2,424,877 | ||||
| Total Thrifts & Mortgage Finance | 17,528,865 | |||||
| Tobacco – 1.2% | ||||||
| ITC Ltd. |
1,416,821 | 6,863,946 | ||||
| Trading Companies & Distributors – 0.2% | ||||||
| Adani Enterprises Ltd. |
91,274 | 1,263,378 | ||||
| Wireless Telecommunication Services – 7.2% | ||||||
| Bharti Airtel Ltd. |
2,446,079 | 21,292,913 | ||||
| Idea Cellular Ltd.* |
1,303,263 | 2,038,677 | ||||
| Reliance Communications Ltd. |
2,549,176 | 16,393,048 | ||||
| Total Wireless Telecommunication Services | 39,724,638 | |||||
| TOTAL INVESTMENTS IN SECURITIES – 100.1% (Cost: $484,002,913)(a) |
554,241,022 | |||||
| Liabilities in Excess of Other Assets – (0.1)% |
(298,207 | ) | ||||
| NET ASSETS – 100.0% | $ | 553,942,815 | ||||
| * | Non-income producing security. |
| (a) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 63 |
Table of Contents
Statements of Assets and Liabilities (unaudited)
WisdomTree Domestic and International Earnings Funds
September 30, 2009
| WisdomTree Total Earnings Fund |
WisdomTree Earnings 500 Fund |
WisdomTree MidCap Earnings Fund |
WisdomTree SmallCap Earnings Fund |
WisdomTree Earnings Top 100 Fund |
||||||||||||||||
| ASSETS: |
||||||||||||||||||||
| Investments, at cost |
$ | 26,867,816 | $ | 66,844,562 | $ | 22,477,225 | $ | 56,977,503 | $ | 11,778,337 | ||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
24,552,775 | 55,500,491 | 22,759,195 | 64,469,629 | 12,823,507 | |||||||||||||||
| Receivables: |
||||||||||||||||||||
| Capital shares sold |
— | — | — | 8,079,448 | — | |||||||||||||||
| Investment securities sold |
— | — | 65,429 | 70,280 | — | |||||||||||||||
| Dividends and interest |
27,931 | 67,049 | 19,696 | 32,236 | 12,904 | |||||||||||||||
| Total Assets |
24,580,706 | 55,567,540 | 22,844,320 | 72,651,593 | 12,836,411 | |||||||||||||||
| LIABILITIES: |
||||||||||||||||||||
| Payables: |
||||||||||||||||||||
| Investment securities purchased |
— | — | 44,797 | 8,076,701 | — | |||||||||||||||
| Collateral for securities on loan (Note 2) |
236,002 | 314,003 | 442,004 | 2,329,021 | 112,001 | |||||||||||||||
| Advisory fees (Note 3) |
5,528 | 12,573 | 6,822 | 15,331 | 3,929 | |||||||||||||||
| Service fees (Note 2) |
87 | 197 | 79 | 178 | 46 | |||||||||||||||
| Total Liabilities |
241,617 | 326,773 | 493,702 | 10,421,231 | 115,976 | |||||||||||||||
| NET ASSETS |
$ | 24,339,089 | $ | 55,240,767 | $ | 22,350,618 | $ | 62,230,362 | $ | 12,720,435 | ||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Paid-in capital |
$ | 31,158,998 | $ | 82,594,420 | $ | 30,475,134 | $ | 61,477,756 | $ | 18,410,859 | ||||||||||
| Undistributed net investment income |
13,403 | 30,995 | 18,509 | 17,573 | 5,901 | |||||||||||||||
| Accumulated net realized loss on investments |
(4,518,271 | ) | (16,040,577 | ) | (8,424,995 | ) | (6,757,093 | ) | (6,741,495 | ) | ||||||||||
| Net unrealized appreciation (depreciation) on investments |
(2,315,041 | ) | (11,344,071 | ) | 281,970 | 7,492,126 | 1,045,170 | |||||||||||||
| NET ASSETS |
$ | 24,339,089 | $ | 55,240,767 | $ | 22,350,618 | $ | 62,230,362 | $ | 12,720,435 | ||||||||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
650,000 | 1,500,000 | 550,000 | 1,550,000 | 350,000 | |||||||||||||||
| Net asset value per share |
$ | 37.44 | $ | 36.83 | $ | 40.64 | $ | 40.15 | $ | 36.34 | ||||||||||
See Notes to Financial Statements.
| 64 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Statements of Assets and Liabilities (unaudited) (concluded)
WisdomTree Domestic and International Earnings Funds
September 30, 2009
| WisdomTree LargeCap Value Fund1 |
WisdomTree LargeCap Growth Fund |
WisdomTree India Earnings Fund |
|||||||||
| ASSETS: |
|||||||||||
| Investments, at cost |
$ | 26,611,940 | $ | 15,315,714 | $ | 484,002,913 | |||||
| Foreign currency, at cost |
— | — | 2,293,487 | ||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
28,246,620 | 17,751,209 | 554,241,022 | ||||||||
| Cash |
— | 7,057 | — | ||||||||
| Foreign currency, at value |
— | — | 2,301,445 | ||||||||
| Receivables: |
|||||||||||
| Capital shares sold |
— | — | 20,827,260 | ||||||||
| Investment securities sold |
— | — | 1,075,516 | ||||||||
| Dividends and interest |
24,019 | 11,054 | 387,448 | ||||||||
| Total Assets |
28,270,639 | 17,769,320 | 578,832,691 | ||||||||
| LIABILITIES: |
|||||||||||
| Due to foreign custodian |
— | — | 539,569 | ||||||||
| Payables: |
|||||||||||
| Investment securities purchased |
— | — | 23,999,380 | ||||||||
| Collateral for securities on loan (Note 2) |
262,002 | — | — | ||||||||
| Advisory fees (Note 3) |
8,765 | 5,524 | 269,822 | ||||||||
| Service fees (Note 2) |
102 | 64 | 81,105 | ||||||||
| Total Liabilities |
270,869 | 5,588 | 24,889,876 | ||||||||
| NET ASSETS |
$ | 27,999,770 | $ | 17,763,732 | $ | 553,942,815 | |||||
| NET ASSETS: |
|||||||||||
| Paid-in capital |
$ | 38,960,771 | $ | 14,870,577 | $ | 542,366,017 | |||||
| Undistributed net investment income |
12,963 | 3,137 | 289,008 | ||||||||
| Accumulated net realized gain (loss) on investments and foreign currency related transactions |
(12,608,644 | ) | 454,523 | (58,965,391 | ) | ||||||
| Net unrealized appreciation on investments and translation of assets and liabilities denominated in foreign currencies |
1,634,680 | 2,435,495 | 70,253,181 | ||||||||
| NET ASSETS |
$ | 27,999,770 | $ | 17,763,732 | $ | 553,942,815 | |||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
850,000 | 550,000 | 26,600,000 | ||||||||
| Net asset value per share |
$ | 32.94 | $ | 32.30 | $ | 20.82 | |||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Low P/E Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree LargeCap Value Fund thereafter. |
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 65 |
Table of Contents
Statements of Operations (unaudited)
WisdomTree Domestic and International Earnings Funds
For the Six Months Ended September 30, 2009
| WisdomTree Total Earnings Fund |
WisdomTree Earnings 500 Fund |
WisdomTree MidCap Earnings Fund |
WisdomTree SmallCap Earnings Fund |
WisdomTree Earnings Top 100 Fund |
|||||||||||||||
| INVESTMENT INCOME: |
|||||||||||||||||||
| Dividends1 |
$ | 230,106 | $ | 577,815 | $ | 136,045 | $ | 159,443 | $ | 97,575 | |||||||||
| Interest |
15 | 33 | 12 | 19 | 7 | ||||||||||||||
| Securities lending income (Note 2) |
1,737 | 2,944 | 3,508 | 9,953 | 115 | ||||||||||||||
| Total investment income |
231,858 | 580,792 | 139,565 | 169,415 | 97,697 | ||||||||||||||
| EXPENSES: |
|||||||||||||||||||
| Advisory fees (Note 3) |
30,264 | 71,686 | 36,160 | 58,997 | 21,000 | ||||||||||||||
| Service fees (Note 2) |
476 | 1,127 | 419 | 683 | 243 | ||||||||||||||
| Total expenses |
30,740 | 72,813 | 36,579 | 59,680 | 21,243 | ||||||||||||||
| Net investment income |
201,118 | 507,979 | 102,986 | 109,735 | 76,454 | ||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
|||||||||||||||||||
| Net realized gain (loss) from: |
|||||||||||||||||||
| Investment transactions |
(65,003 | ) | (538,077 | ) | (22,798 | ) | 9,506 | (93,983 | ) | ||||||||||
| In-kind redemptions |
— | (1,528,821 | ) | — | — | — | |||||||||||||
| Net realized gain (loss) |
(65,003 | ) | (2,066,898 | ) | (22,798 | ) | 9,506 | (93,983 | ) | ||||||||||
| Net change in unrealized appreciation |
6,485,081 | 16,606,240 | 7,953,952 | 13,699,928 | 4,283,237 | ||||||||||||||
| Net realized and unrealized gain on investments |
6,420,078 | 14,539,342 | 7,931,154 | 13,709,434 | 4,189,254 | ||||||||||||||
| NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 6,621,196 | $ | 15,047,321 | $ | 8,034,140 | $ | 13,819,169 | $ | 4,265,708 | |||||||||
| 1 | Net of foreign withholding tax of $0, $0, $8, $0 and $0, respectively. |
See Notes to Financial Statements.
| 66 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Statements of Operations (unaudited) (concluded)
WisdomTree Domestic and International Earnings Funds
For the Six Months Ended September 30, 2009
| WisdomTree LargeCap Value Fund1 |
WisdomTree LargeCap Growth Fund |
WisdomTree India Earnings Fund |
|||||||||
| INVESTMENT INCOME: |
|||||||||||
| Dividends2 |
$ | 302,809 | $ | 151,858 | $ | 3,083,338 | |||||
| Interest |
17 | — | — | ||||||||
| Securities lending income (Note 2) |
2,867 | — | — | ||||||||
| Total investment income |
305,693 | 151,858 | 3,083,338 | ||||||||
| EXPENSES: |
|||||||||||
| Advisory fees (Note 3) |
48,841 | 29,967 | 1,202,476 | ||||||||
| Service fees (Note 2) |
565 | 347 | — | ||||||||
| Custody/accounting |
— | — | 258,681 | ||||||||
| Printing |
— | — | 26,195 | ||||||||
| Audit/tax |
— | — | 15,350 | ||||||||
| Directors |
— | — | 3,545 | ||||||||
| Legal |
— | — | 2,944 | ||||||||
| Other |
— | — | 74,101 | ||||||||
| Total expenses |
49,406 | 30,314 | 1,583,292 | ||||||||
| Expenses reimbursed (Note 3) |
— | — | (21,982 | ) | |||||||
| Net expenses |
49,406 | 30,314 | 1,561,310 | ||||||||
| Net investment income |
256,287 | 121,544 | 1,522,028 | ||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
|||||||||||
| Net realized gain (loss) from: |
|||||||||||
| Investment transactions |
(1,646,843 | ) | 470,333 | 72,472 | |||||||
| Foreign currency related transactions |
— | — | (192,884 | ) | |||||||
| Net realized gain (loss) |
(1,646,843 | ) | 470,333 | (120,412 | ) | ||||||
| Net change in unrealized appreciation (depreciation) from: |
|||||||||||
| Investment transactions |
9,034,334 | 2,513,564 | 181,920,703 | ||||||||
| Translation of assets and liabilities denominated in foreign currencies |
— | — | (910 | ) | |||||||
| Net change in unrealized appreciation |
9,034,334 | 2,513,564 | 181,919,793 | ||||||||
| Net realized and unrealized gain on investments |
7,387,491 | 2,983,897 | 181,799,381 | ||||||||
| NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 7,643,778 | $ | 3,105,441 | $ | 183,321,409 | |||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Low P/E Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree LargeCap Value Fund thereafter. |
| 2 | Net of foreign withholding tax of $0, $0 and $95,352, respectively. |
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 67 |
Table of Contents
Statements of Changes in Net Assets
WisdomTree Domestic and International Earnings Funds
| WisdomTree Total Earnings Fund |
WisdomTree Earnings 500 Fund |
WisdomTree MidCap Earnings Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING |
|
|||||||||||||||||||||||
| Net investment income |
$ | 201,118 | $ | 463,823 | $ | 507,979 | $ | 1,635,575 | $ | 102,986 | $ | 345,120 | ||||||||||||
| Net realized loss on investments |
(65,003 | ) | (4,122,614 | ) | (2,066,898 | ) | (15,355,729 | ) | (22,798 | ) | (8,305,330 | ) | ||||||||||||
| Net change in unrealized appreciation (depreciation) on investments |
6,485,081 | (6,107,489 | ) | 16,606,240 | (21,261,215 | ) | 7,953,952 | (2,696,551 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
6,621,196 | (9,766,280 | ) | 15,047,321 | (34,981,369 | ) | 8,034,140 | (10,656,761 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(195,955 | ) | (459,975 | ) | (506,550 | ) | (1,621,994 | ) | (89,699 | ) | (345,011 | ) | ||||||||||||
| Total dividends |
(195,955 | ) | (459,975 | ) | (506,550 | ) | (1,621,994 | ) | (89,699 | ) | (345,011 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
1,402,353 | 10,876,508 | — | 51,903,655 | — | 9,527,012 | ||||||||||||||||||
| Cost of shares redeemed |
— | (87 | ) | (19,013,595 | ) | (10,513,880 | ) | — | (9,366,333 | ) | ||||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
1,402,353 | 10,876,421 | (19,013,595 | ) | 41,389,775 | — | 160,679 | |||||||||||||||||
| Net Increase (Decrease) in Net Assets |
7,827,594 | 650,166 | (4,472,824 | ) | 4,786,412 | 7,944,441 | (10,841,093 | ) | ||||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 16,511,495 | $ | 15,861,329 | $ | 59,713,591 | $ | 54,927,179 | $ | 14,406,177 | $ | 25,247,270 | ||||||||||||
| End of period |
$ | 24,339,089 | $ | 16,511,495 | $ | 55,240,767 | $ | 59,713,591 | $ | 22,350,618 | $ | 14,406,177 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 13,403 | $ | 8,240 | $ | 30,995 | $ | 29,566 | $ | 18,509 | $ | 5,222 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
600,000 | 350,002 | 2,150,000 | 1,200,002 | 550,000 | 600,002 | ||||||||||||||||||
| Shares created |
50,000 | 250,000 | — | 1,300,000 | — | 250,000 | ||||||||||||||||||
| Shares redeemed |
— | (2 | ) | (650,000 | ) | (350,002 | ) | — | (300,002 | ) | ||||||||||||||
| Shares outstanding, end of period |
650,000 | 600,000 | 1,500,000 | 2,150,000 | 550,000 | 550,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 68 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree Domestic and International Earnings Funds
| WisdomTree SmallCap Earnings Fund |
WisdomTree Earnings Top 100 Fund |
WisdomTree LargeCap Value Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 20091 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING |
|
|||||||||||||||||||||||
| Net investment income |
$ | 109,735 | $ | 248,299 | $ | 76,454 | $ | 281,860 | $ | 256,287 | $ | 617,984 | ||||||||||||
| Net realized gain (loss) on investments |
9,506 | (5,600,297 | ) | (93,983 | ) | (6,973,278 | ) | (1,646,843 | ) | (9,907,303 | ) | |||||||||||||
| Net change in unrealized appreciation (depreciation) on investments |
13,699,928 | (2,855,403 | ) | 4,283,237 | (514,024 | ) | 9,034,334 | (3,805,769 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
13,819,169 | (8,207,401 | ) | 4,265,708 | (7,205,442 | ) | 7,643,778 | (13,095,088 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(99,275 | ) | (255,760 | ) | (76,531 | ) | (285,573 | ) | (250,894 | ) | (620,423 | ) | ||||||||||||
| Total dividends |
(99,275 | ) | (255,760 | ) | (76,531 | ) | (285,573 | ) | (250,894 | ) | (620,423 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
34,562,829 | 14,663,798 | — | 5,598,290 | — | 15,738,329 | ||||||||||||||||||
| Cost of shares redeemed |
— | (7,837,559 | ) | — | (2,944,085 | ) | — | (5,356,254 | ) | |||||||||||||||
| Net increase in net assets resulting from capital share transactions |
34,562,829 | 6,826,239 | — | 2,654,205 | — | 10,382,075 | ||||||||||||||||||
| Net Increase (Decrease) in Net Assets |
48,282,723 | (1,636,922 | ) | 4,189,177 | (4,836,810 | ) | 7,392,884 | (3,333,436 | ) | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 13,947,639 | $ | 15,584,561 | $ | 8,531,258 | $ | 13,368,068 | $ | 20,606,886 | $ | 23,940,322 | ||||||||||||
| End of period |
$ | 62,230,362 | $ | 13,947,639 | $ | 12,720,435 | $ | 8,531,258 | $ | 27,999,770 | $ | 20,606,886 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 17,573 | $ | 7,113 | $ | 5,901 | $ | 5,978 | $ | 12,963 | $ | 7,570 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
600,000 | 400,002 | 350,000 | 300,002 | 850,000 | 550,002 | ||||||||||||||||||
| Shares created |
950,000 | 450,000 | — | 150,000 | — | 450,000 | ||||||||||||||||||
| Shares redeemed |
— | (250,002 | ) | — | (100,002 | ) | — | (150,002 | ) | |||||||||||||||
| Shares outstanding, end of period |
1,550,000 | 600,000 | 350,000 | 350,000 | 850,000 | 850,000 | ||||||||||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Low P/E Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree LargeCap Value Fund thereafter. |
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 69 |
Table of Contents
Statements of Changes in Net Assets (concluded)
WisdomTree Domestic and International Earnings Funds
| WisdomTree LargeCap Growth Fund |
WisdomTree India Earnings Fund |
|||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Period December 4, 2008* through March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||
| Net investment income |
$ | 121,544 | $ | 22,365 | $ | 1,522,028 | $ | 1,576,738 | ||||||||
| Net realized gain (loss) on investments |
470,333 | 222,081 | (120,412 | ) | (58,840,054 | ) | ||||||||||
| Net change in unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
2,513,564 | (78,069 | ) | 181,919,793 | (101,061,368 | ) | ||||||||||
| Net increase (decrease) in net assets resulting from operations |
3,105,441 | 166,377 | 183,321,409 | (158,324,684 | ) | |||||||||||
| DIVIDENDS: |
||||||||||||||||
| Net investment income |
(120,170 | ) | (20,745 | ) | (1,161,122 | ) | (1,428,048 | ) | ||||||||
| Total dividends |
(120,170 | ) | (20,745 | ) | (1,161,122 | ) | (1,428,048 | ) | ||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||
| Net proceeds from sale of shares |
5,642,456 | 14,314,630 | 202,587,476 | 196,069,631 | ||||||||||||
| Cost of shares redeemed |
(125 | ) | (5,324,232 | ) | (190 | ) | (29,661,633 | ) | ||||||||
| Net increase in net assets resulting from capital share transactions |
5,642,331 | 8,990,398 | 202,587,286 | 166,407,998 | ||||||||||||
| Net Increase in Net Assets |
8,627,602 | 9,136,030 | 384,747,573 | 6,655,266 | ||||||||||||
| NET ASSETS: |
||||||||||||||||
| Beginning of period |
$ | 9,136,130 | $ | 100 | $ | 169,195,242 | $ | 162,539,976 | ||||||||
| End of period |
$ | 17,763,732 | $ | 9,136,130 | $ | 553,942,815 | $ | 169,195,242 | ||||||||
| Undistributed (Distributions in excess of) net investment income included in net assets at end of period |
$ | 3,137 | $ | 1,763 | $ | 289,008 | $ | (71,898 | ) | |||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||
| Shares outstanding, beginning of period |
350,004 | 4 | 15,400,000 | 7,200,004 | ||||||||||||
| Shares created |
200,000 | 550,000 | 11,200,000 | 10,600,000 | ||||||||||||
| Shares redeemed |
(4 | ) | (200,000 | ) | — | (2,400,004 | ) | |||||||||
| Shares outstanding, end of period |
550,000 | 350,004 | 26,600,000 | 15,400,000 | ||||||||||||
| * | Commencement of investment operations. |
See Notes to Financial Statements.
| 70 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
WisdomTree Domestic and International Earnings Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Total Earnings Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period February 23, 20071 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 27.52 | $ | 45.32 | $ | 48.99 | $ | 49.97 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.31 | 0.87 | 0.85 | 0.11 | ||||||||||||
| Net realized and unrealized gain (loss) |
9.91 | (17.87 | ) | (3.56 | ) | (1.00 | ) | |||||||||
| Total from investment operations |
10.22 | (17.00 | ) | (2.71 | ) | (0.89 | ) | |||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.30 | ) | (0.80 | ) | (0.96 | ) | (0.09 | ) | ||||||||
| Total dividends to shareholders |
(0.30 | ) | (0.80 | ) | (0.96 | ) | (0.09 | ) | ||||||||
| Net asset value, end of period |
$ | 37.44 | $ | 27.52 | $ | 45.32 | $ | 48.99 | ||||||||
| TOTAL RETURN3 |
37.25 | % | (37.86 | )% | (5.69 | )% | (1.79 | )% | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 24,339 | $ | 16,511 | $ | 15,861 | $ | 24,497 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.28 | %4 | 0.28 | % | 0.28 | % | 0.28 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.28 | %4 | 0.28 | % | 0.28 | % | 0.35 | %4 | ||||||||
| Net investment income |
1.86 | %4 | 2.33 | % | 1.76 | % | 2.21 | %4 | ||||||||
| Portfolio turnover rate5 |
1 | % | 23 | % | 11 | % | 1 | % | ||||||||
| WisdomTree Earnings 500 Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period February 23, 20071 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 27.77 | $ | 45.77 | $ | 48.85 | $ | 49.77 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.32 | 0.91 | 0.94 | 0.11 | ||||||||||||
| Net realized and unrealized gain (loss) |
9.08 | (18.07 | ) | (3.18 | ) | (0.94 | ) | |||||||||
| Total from investment operations |
9.40 | (17.16 | ) | (2.24 | ) | (0.83 | ) | |||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.34 | ) | (0.84 | ) | (0.84 | ) | (0.09 | ) | ||||||||
| Total dividends to shareholders |
(0.34 | ) | (0.84 | ) | (0.84 | ) | (0.09 | ) | ||||||||
| Net asset value, end of period |
$ | 36.83 | $ | 27.77 | $ | 45.77 | $ | 48.85 | ||||||||
| TOTAL RETURN3 |
33.96 | % | (37.83 | )% | (4.72 | )% | (1.67 | )% | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 55,241 | $ | 59,714 | $ | 54,927 | $ | 19,538 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.28 | %4 | 0.28 | % | 0.28 | % | 0.28 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.28 | %4 | 0.28 | % | 0.28 | % | 0.37 | %4 | ||||||||
| Net investment income |
1.98 | %4 | 2.49 | % | 1.93 | % | 2.24 | %4 | ||||||||
| Portfolio turnover rate5 |
3 | % | 21 | % | 8 | % | 1 | % | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 71 |
Table of Contents
Financial Highlights (continued)
WisdomTree Domestic and International Earnings Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree MidCap Earnings Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period February 23, 20071 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 26.19 | $ | 42.08 | $ | 48.77 | $ | 50.01 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.19 | 0.54 | 0.81 | 0.07 | ||||||||||||
| Net realized and unrealized gain (loss) |
14.42 | (15.88 | ) | (6.90 | ) | (1.25 | ) | |||||||||
| Total from investment operations |
14.61 | (15.34 | ) | (6.09 | ) | (1.18 | ) | |||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.16 | ) | (0.55 | ) | (0.60 | ) | (0.06 | ) | ||||||||
| Total dividends to shareholders |
(0.16 | ) | (0.55 | ) | (0.60 | ) | (0.06 | ) | ||||||||
| Net asset value, end of period |
$ | 40.64 | $ | 26.19 | $ | 42.08 | $ | 48.77 | ||||||||
| TOTAL RETURN3 |
55.89 | % | (36.73 | )% | (12.57 | )% | (2.37 | )% | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 22,351 | $ | 14,406 | $ | 25,247 | $ | 4,877 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.38 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.74 | %4 | ||||||||
| Net investment income |
1.08 | %4 | 1.49 | % | 1.70 | % | 1.47 | %4 | ||||||||
| Portfolio turnover rate5 |
1 | % | 39 | % | 45 | % | 0 | %6 | ||||||||
| WisdomTree SmallCap Earnings Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period February 23, 20071 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 23.25 | $ | 38.96 | $ | 48.03 | $ | 50.03 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.12 | 0.47 | 0.58 | 0.06 | ||||||||||||
| Net realized and unrealized gain (loss) |
16.87 | (15.64 | ) | (9.17 | ) | (2.02 | ) | |||||||||
| Total from investment operations |
16.99 | (15.17 | ) | (8.59 | ) | (1.96 | ) | |||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.09 | ) | (0.54 | ) | (0.48 | ) | (0.04 | ) | ||||||||
| Total dividends to shareholders |
(0.09 | ) | (0.54 | ) | (0.48 | ) | (0.04 | ) | ||||||||
| Net asset value, end of period |
$ | 40.15 | $ | 23.25 | $ | 38.96 | $ | 48.03 | ||||||||
| TOTAL RETURN3 |
73.13 | % | (39.31 | )% | (17.97 | )% | (3.92 | )% | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 62,230 | $ | 13,948 | $ | 15,585 | $ | 9,607 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.38 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.58 | %4 | ||||||||
| Net investment income |
0.71 | %4 | 1.49 | % | 1.28 | % | 1.39 | %4 | ||||||||
| Portfolio turnover rate5 |
1 | % | 51 | % | 37 | % | 0 | %6 | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| 6 | Amount represents less than 1%. |
See Notes to Financial Statements.
| 72 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree Domestic and International Earnings Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Earnings Top 100 Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period February 23, 20071 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 24.38 | $ | 44.56 | $ | 49.38 | $ | 50.15 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.22 | 0.81 | 0.90 | 0.10 | ||||||||||||
| Net realized and unrealized gain (loss) |
11.96 | (20.20 | ) | (4.69 | ) | (0.80 | ) | |||||||||
| Total from investment operations |
12.18 | (19.39 | ) | (3.79 | ) | (0.70 | ) | |||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.22 | ) | (0.79 | ) | (1.03 | ) | (0.07 | ) | ||||||||
| Total dividends to shareholders |
(0.22 | ) | (0.79 | ) | (1.03 | ) | (0.07 | ) | ||||||||
| Net asset value, end of period |
$ | 36.34 | $ | 24.38 | $ | 44.56 | $ | 49.38 | ||||||||
| TOTAL RETURN3 |
50.06 | % | (43.93 | )% | (7.89 | )% | (1.39 | )% | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 12,720 | $ | 8,531 | $ | 13,368 | $ | 24,688 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.38 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.45 | %4 | ||||||||
| Net investment income |
1.38 | %4 | 2.34 | % | 1.83 | % | 2.03 | %4 | ||||||||
| Portfolio turnover rate5 |
2 | % | 50 | % | 13 | % | 2 | % | ||||||||
| WisdomTree LargeCap Value Fund | For the Six Months Ended September 30, 2009a (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period February 23, 20071 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 24.24 | $ | 43.53 | $ | 49.06 | $ | 49.99 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.30 | 0.86 | 1.03 | 0.10 | ||||||||||||
| Net realized and unrealized gain (loss) |
8.70 | (19.33 | ) | (5.49 | ) | (0.95 | ) | |||||||||
| Total from investment operations |
9.00 | (18.47 | ) | (4.46 | ) | (0.85 | ) | |||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.30 | ) | (0.82 | ) | (1.07 | ) | (0.08 | ) | ||||||||
| Total dividends to shareholders |
(0.30 | ) | (0.82 | ) | (1.07 | ) | (0.08 | ) | ||||||||
| Net asset value, end of period |
$ | 32.94 | $ | 24.24 | $ | 43.53 | $ | 49.06 | ||||||||
| TOTAL RETURN3 |
37.17 | % | (42.87 | )% | (9.31 | )% | (1.69 | )% | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 28,000 | $ | 20,607 | $ | 23,940 | $ | 24,529 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.38 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.38 | %4 | 0.38 | % | 0.38 | % | 0.45 | %4 | ||||||||
| Net investment income |
1.99 | %4 | 2.60 | % | 2.10 | % | 1.98 | %4 | ||||||||
| Portfolio turnover rate5 |
76 | % | 54 | % | 20 | % | 1 | % | ||||||||
| a | This information reflects the investment objective and strategy of the WisdomTree Low P/E Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree LargeCap Value Fund thereafter. |
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree Domestic and International Earnings Funds | 73 |
Table of Contents
Financial Highlights (concluded)
WisdomTree Domestic and International Earnings Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree LargeCap Growth Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Period December 4, 20081 through March 31, 2009 |
||||||||||
| Net asset value, beginning of period |
$ | 26.10 | $ | 25.28 | ||||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.23 | 0.09 | ||||||||||
| Net realized and unrealized gain |
6.19 | 0.81 | ||||||||||
| Total from investment operations |
6.42 | 0.90 | ||||||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(0.22 | ) | (0.08 | ) | ||||||||
| Total dividends to shareholders |
(0.22 | ) | (0.08 | ) | ||||||||
| Net asset value, end of period |
$ | 32.30 | $ | 26.10 | ||||||||
| TOTAL RETURN3 |
24.64 | % | 3.56 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 17,764 | $ | 9,136 | ||||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net expense reimbursements |
0.38 | %4 | 0.38 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.38 | %4 | 0.38 | %4 | ||||||||
| Net investment income |
1.54 | %4 | 1.26 | %4 | ||||||||
| Portfolio turnover rate5 |
46 | % | 1 | % | ||||||||
| WisdomTree India Earnings Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Period February 22, 20081 through March 31, 2008 |
|||||||||||
| Net asset value, beginning of period |
$ | 10.99 | $ | 22.57 | $ | 24.94 | ||||||||
| Investment operations: |
||||||||||||||
| Net investment income (loss)2 |
0.07 | 0.12 | (0.01 | ) | ||||||||||
| Net realized and unrealized gain (loss) |
9.81 | (11.60 | ) | (2.36 | ) | |||||||||
| Total from investment operations |
9.88 | (11.48 | ) | (2.37 | ) | |||||||||
| Dividends to shareholders: |
||||||||||||||
| Net investment income |
(0.05 | ) | (0.10 | ) | — | |||||||||
| Total dividends to shareholders |
(0.05 | ) | (0.10 | ) | — | |||||||||
| Net asset value, end of period |
$ | 20.82 | $ | 10.99 | $ | 22.57 | ||||||||
| TOTAL RETURN3 |
89.89 | % | (50.89 | )% | (9.50 | )% | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 553,943 | $ | 169,195 | $ | 162,540 | ||||||||
| Ratio to average net assets of: |
||||||||||||||
| Expenses, net of expense reimbursements |
0.88 | %4 | 0.88 | % | 0.88 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.90 | %4 | 0.92 | % | 2.10 | %4 | ||||||||
| Net investment income (loss) |
0.86 | %4 | 0.77 | % | (0.41 | )%4 | ||||||||
| Portfolio turnover rate5 |
36 | % | 42 | % | 0 | %6 | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| 6 | Amount represents less than 1%. |
See Notes to Financial Statements.
| 74 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
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 pursuant to a Trust Instrument dated December 15, 2005. As of September 30, 2009, the Trust offered 51 investment funds (each a “Fund”, collectively, the “Funds”). The Funds described herein commenced operations on February 23, 2007, with the exception of the India Earnings Fund and LargeCap Growth Fund which commenced operations on February 22, 2008 and December 4, 2008, respectively.
These financial statements relate only to the WisdomTree Total Earnings Fund (“Total Earnings Fund”), WisdomTree Earnings 500 Fund (“Earnings 500 Fund”), WisdomTree MidCap Earnings Fund (“MidCap Earnings Fund”), WisdomTree SmallCap Earnings Fund (“SmallCap Earnings Fund”), WisdomTree Earnings Top 100 Fund (“Earnings Top 100 Fund”), WisdomTree LargeCap Value Fund (“LargeCap Value Fund”), WisdomTree LargeCap Growth Fund (“LargeCap Growth Fund”) and WisdomTree India Earnings Fund (“India Earnings Funds”), together the “Domestic and International Earnings Funds.” The India Earnings Fund makes it investments through the WisdomTree India Investment Portfolio, Inc. (the “Portfolio”), a wholly owned subsidiary organized in the Republic of Mauritius. The Portfolio is advised by WisdomTree Asset Management and is sub-advised by Mellon Capital Management Corporation, Inc. This structure should permit the India Earnings Fund to benefit from a tax treaty between India and Mauritius. Recently, the Supreme Court of India upheld the validity of this tax treaty in response to a lower court challenge contesting the treaty’s applicability to entities such as WisdomTree India Earnings Fund. No assurance can be given that the terms of the treaty will not be subject to re-negotiation in the future or subject to a different interpretation. Any change in the provision of this treaty or in its applicability to WisdomTree India Earnings Fund could result in the imposition of withholding and other taxes on the India Earnings Fund by tax authorities in India. This would reduce the return to the India Earnings Fund on its investments and the return received by India Earnings Fund shareholders. References to investments by the India Earnings Fund herein should be understood to refer to investments by the Portfolio.
Each Fund seeks investment returns that closely correspond to the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“WisdomTree Investments”). Each Fund described herein is considered to be non-diversified. The securities in each Index are weighted based on earnings or earnings yield.
2. SIGNIFICANT ACCOUNTING POLICIES
The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification has become 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 Codification supersedes all existing non-SEC accounting and reporting standards.
Guarantees — 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 expect the risk of loss to be remote.
Use of Estimates — The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.
Investment Valuation — The Net Asset Value (“NAV”) of each Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Securities 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 or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. The Funds may rely on an independent fair valuation service in adjusting the valuations of foreign securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the highest bid and lowest ask prices. Securities for which market quotations are not readily available are valued at fair value as determined by management and in accordance with procedures approved by the Board of Trustees. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates fair value.
Fair Value Measurement — GAAP provides guidance on fair value measurements. This standard defines fair value, establishes a framework for measuring fair value in accordance with GAAP and expands disclosure about fair value measurements.
Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below.
Level 1 – quoted prices in active markets for identical securities
| WisdomTree Domestic and International Earnings Funds | 75 |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
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 assumption in determining the fair value of investments)
Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended 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; (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 on which the security is traded but before the time as of which a Fund’s net asset value is computed and that may materially affect the value of the Fund’s investments). Examples of events that may be “significant events” are government actions, natural disasters, armed conflict and acts of terrorism.
The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.
The following is a summary of the inputs used as of September 30, 2009 in valuing each Fund’s assets carried at fair value:
| Total Earnings Fund | Level 1 | Level 2 | Level 3 | |||||
| Investments in Securities |
||||||||
| Common Stocks |
$24,261,974 | $ | — | $ | — | |||
| Money Market Fund |
— | 290,801 | — | |||||
| Total |
$24,261,974 | $ | 290,801 | $ | — | |||
| Earnings 500 Fund | Level 1 | Level 2 | Level 3 | |||||
| Investments in Securities |
||||||||
| Common Stocks |
$55,109,364 | $ | — | $ | — | |||
| Money Market Fund |
— | 391,127 | — | |||||
| Total |
$55,109,364 | $ | 391,127 | $ | — | |||
| MidCap Earnings Fund | Level 1 | Level 2 | Level 3 | |||||
| Investments in Securities |
||||||||
| Common Stocks |
$22,283,642 | $ | — | $ | — | |||
| Money Market Fund |
— | 475,553 | — | |||||
| Total |
$22,283,642 | $ | 475,553 | $ | — | |||
| SmallCap Earnings Fund | Level 1 | Level 2 | Level 3 | |||||
| Investments in Securities |
||||||||
| Common Stocks |
$61,997,152 | $ | — | $ | — | |||
| Money Market Fund |
— | 2,472,477 | — | |||||
| Total |
$61,997,152 | $ | 2,472,477 | $ | — | |||
| Earnings Top 100 Fund | Level 1 | Level 2 | Level 3 | |||||
| Investments in Securities |
||||||||
| Common Stocks |
$12,700,389 | $ | — | $ | — | |||
| Money Market Fund |
— | 123,118 | — | |||||
| Total |
$12,700,389 | $ | 123,118 | $ | — | |||
| LargeCap Value Fund | Level 1 | Level 2 | Level 3 | |||||
| Investments in Securities |
||||||||
| Common Stocks |
$27,924,499 | $ | — | $ | — | |||
| Money Market Fund |
— | 322,121 | — | |||||
| Total |
$27,924,499 | $ | 322,121 | $ | — | |||
| 76 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
| LargeCap Growth Fund | Level 1 | Level 2 | Level 3 | |||||
| Investments in Securities |
||||||||
| Common Stocks |
$17,751,209 | $ | — | $ | — | |||
| India Earnings Fund | Level 1 | Level 2 | Level 3 | |||||
| Common Stocks |
$554,241,022 | $ | — | $ | — | |||
Derivative and Hedging Disclosure — GAAP requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The application of FAS 161 is effective for fiscal years beginning November 15, 2008 and interim periods within those fiscal years. The Funds did not invest in derivative instruments for the six-months ended September 30, 2009.
Investment Transactions — 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.
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 deemed appropriate by the investment adviser. Realized and unrealized foreign exchange gains or losses on investments are included as a component of net realized and unrealized gain or loss on foreign currency transactions 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.
Investment Income — Dividend income is recognized on the ex-dividend date, net of any foreign taxes withheld. Interest income is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.
Expenses/Reimbursements — WisdomTree Asset Management (“WTAM”) has agreed to pay all expenses of the Funds (other than the India Earnings Fund), 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 each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s chief compliance officer; (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.
Pursuant to a separate contractual arrangement effective, WTAM has arranged for the provision of chief compliance officer (“CCO”) services to the Funds, 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 service fee paid by each Fund of up to 0.0044% of each Fund’s average daily net assets. Trustees fees, which are included in Service Fees on the Statements of Operations, of $180,782 have been paid on behalf of the Funds of the Trust to the Independent Trustees for the six months ended September 30, 2009. Expense in excess of 0.0044% were paid by WTAM. WTAM has agreed to limit the total expenses of the India Earnings Fund to 0.88%.
Security Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. The loans are collateralized at all times by cash and/or high grade debt obligations in an amount at least equal to 102% of the market value of domestic securities loaned (105% in the case of foreign securities loaned) as determined at the close of business on the preceding business day. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. 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. The Funds retain all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.
The securities lending income earned by the Funds are disclosed on the Statements of Operations.
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 in which a Fund may invest include short-term obligations issued by the U.S. Government, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign
| WisdomTree Domestic and International Earnings Funds | 77 |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.
Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (“the Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors at least annually. 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 are determined in accordance with Federal income tax regulations which may differ from GAAP. 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, which exceed earnings and profit for tax purposes, are reported as a tax return of capital. The India Earnings Fund has filed an election to treat the WisdomTree India Investment Portfolio, Inc. as a “pass-through” entity for tax purposes.
3. ADVISER FEES AND TRANSACTIONS
As investment adviser, WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM also arranges for sub-advisory, transfer agency, custody, fund administration, and all other non-distribution related services necessary for the Funds to operate. Under the Investment Advisory Agreement for each Fund (other than the India Earnings Fund), WTAM agrees to pay all expenses of the Funds, except compensation and expenses of the Independent Trustees, counsel to the Independent Trustees and the Trust’s Chief Compliance Officer, interest expenses and taxes, brokerage expenses, and other expenses connected with the execution of portfolio transactions, any distribution fees or expenses, legal fees or expenses and extraordinary expenses. 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 in exchange for a fee of up to 0.0044%. As of October 1, 2009, WTAM provides CCO services to the Trust. WTAM has agreed to limit net annual operating expenses for the India Earnings Fund to 0.88%. The fees paid to WTAM for providing advisory services are listed below.
| Fund | Fee Rate | ||
| Total Earnings Fund |
0.28 | % | |
| Earnings 500 Fund |
0.28 | % | |
| MidCap Earnings Fund |
0.38 | % | |
| SmallCap Earnings Fund |
0.38 | % | |
| Earnings Top 100 Fund |
0.38 | % | |
| LargeCap Value Fund |
0.38 | % | |
| LargeCap Growth Fund |
0.38 | % | |
| India Earnings Fund |
0.68 | % |
Each Fund may purchase shares of an affiliated exchange traded fund(s) in secondary market transactions. For the six months ended September 30, 2009, there were no transactions in affiliated ETFs.
4. CAPITAL SHARE TRANSACTIONS
As of September 30, 2009, there was 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 designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying index and an amount of cash. The WisdomTree India Earnings Fund issues and redeems shares on a cash basis only. 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.
| 78 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
5. INVESTMENT PORTFOLIO TRANSACTIONS
Purchases and sales of investments (excluding in-kind purchases and redemptions and short-term investments) for the six months ended September 30, 2009 were as follows:
| Fund | Purchases | Sales | ||||
| Total Earnings Fund |
$ | 336,293 | $ | 288,457 | ||
| Earnings 500 Fund |
1,767,056 | 1,329,112 | ||||
| MidCap Earnings Fund |
143,131 | 119,107 | ||||
| SmallCap Earnings Fund |
187,468 | 336,209 | ||||
| Earnings Top 100 Fund |
193,687 | 180,785 | ||||
| LargeCap Value Fund |
19,250,801 | 19,242,816 | ||||
| LargeCap Growth Fund |
7,396,116 | 7,252,200 | ||||
| India Earnings Fund |
332,509,858 | 129,301,899 | ||||
For the six months ended September 30, 2009, the cost of in-kind purchases and the proceeds from in-kind redemptions were as follows:
| Fund | Purchases | Redemptions | ||||
| Total Earnings Fund |
$ | 1,401,681 | $ | — | ||
| Earnings 500 Fund |
— | 18,984,401 | ||||
| MidCap Earnings Fund |
— | — | ||||
| SmallCap Earnings Fund |
34,529,021 | — | ||||
| Earnings Top 100 Fund |
— | — | ||||
| LargeCap Value Fund |
— | — | ||||
| LargeCap Growth Fund |
5,504,055 | — | ||||
| India Earnings Fund |
— | — | ||||
Gains and losses on in-kind redemptions are not recognized at the Fund level for tax purposes.
6. FEDERAL INCOME TAXES
At September 30, 2009, the cost of investments (including securities on loan) for Federal income tax purposes was substantially the same as for book purposes as indicated below:
| Fund | Tax Cost | Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Appreciation/ (Depreciation) |
||||||||||
| Total Earnings Fund |
$ | 26,867,816 | $ | 1,319,068 | $ | (3,634,109 | ) | $ | (2,315,041 | ) | ||||
| Earnings 500 Fund |
66,844,562 | 1,443,910 | (12,787,981 | ) | (11,344,071 | ) | ||||||||
| MidCap Earnings Fund |
22,477,225 | 3,596,605 | (3,314,635 | ) | 281,970 | |||||||||
| SmallCap Earnings Fund |
56,977,503 | 9,556,752 | (2,064,626 | ) | 7,492,126 | |||||||||
| Earnings Top 100 Fund |
11,778,337 | 2,452,163 | (1,406,993 | ) | 1,045,170 | |||||||||
| LargeCap Value Fund |
26,611,940 | 2,593,289 | (958,609 | ) | 1,634,680 | |||||||||
| LargeCap Growth Fund |
15,315,714 | 2,513,827 | (78,332 | ) | 2,435,495 | |||||||||
| India Earnings Fund |
484,002,913 | 76,579,125 | (6,341,016 | ) | 70,238,109 | |||||||||
GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. As of and during the six months ended September 30, 2009, the Funds did not have any liabilities for unrecognized tax benefits. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Portfolios file tax returns with U.S. Internal Revenue Service, New York, and various states. Generally, each of the tax years in the three year period ended March 31, 2009, remains subject to examination by taxing authorities.
| WisdomTree Domestic and International Earnings Funds | 79 |
Table of Contents
Notes to Financial Statements (unaudited) (concluded)
7. SUBSEQUENT EVENT
In accordance with GAAP provisions, management of the Funds has evaluated the possibility of subsequent events existing in the Funds’ financial statements through November 27, 2009. Management has determined that there are no material events that would require disclosure in the Funds’ financial statements through this date.
| 80 | WisdomTree Domestic and International Earnings Funds |
Table of Contents
General Information (unaudited)
Proxy Voting Policies, Procedures and Record
A complete copy of the Proxy Voting Policy may be obtained by calling 866-909-9473; or writing to: WisdomTree Trust, c/o ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203.
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 Securities and Exchange Commission (“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 866-909-9473 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 are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, upon request on the SEC’s website at www.sec.gov, and are also available by calling the Trust at 1-866-909-WISE. You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330). (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102 or (iii) sending your request electronically to publicinfosec.gov.
Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.
The Fund’s 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.
| WisdomTree Domestic and International Earnings Funds | 81 |
Table of Contents
The WisdomTree Family of Funds
The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols as of September 30, 2009:
| WisdomTree Domestic Dividend Funds
WisdomTree Total Dividend Fund (DTD)
WisdomTree Equity Income Fund (DHS)
WisdomTree LargeCap Dividend Fund (DLN)
WisdomTree Dividend ex-Financials Fund (DTN)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
WisdomTree International Dividend Funds
WisdomTree DEFA Fund (DWM)
WisdomTree DEFA Equity Income Fund (DTH)
WisdomTree Europe Total Dividend Fund (DEB)
WisdomTree Global Equity Income Fund (DEW)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Japan Total Dividend Fund (DXJ)
WisdomTree World ex-U.S. Growth Fund (DNL)
WisdomTree Japan SmallCap Dividend Fund (DFJ)
WisdomTree Pacific ex-Japan Total Dividend Fund (DND)
WisdomTree Pacific ex-Japan Equity Income Fund (DNH)
WisdomTree International LargeCap Dividend Fund (DOL)
WisdomTree International Dividend ex-Financials Fund (DOO)
WisdomTree International MidCap Dividend Fund (DIM)
WisdomTree International SmallCap Dividend Fund (DLS)
WisdomTree Emerging Markets Equity Income Fund (DEM)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Middle East Dividend Fund (GULF) |
WisdomTree International Dividend Sector Funds
WisdomTree International Basic Materials Sector Fund (DBN)
WisdomTree International Communications Sector Fund (DGG)
WisdomTree International Consumer Discretionary Sector Fund (DPC)
WisdomTree International Consumer Staples Sector Fund (DPN)
WisdomTree International Energy Sector Fund (DKA)
WisdomTree International Financial Sector Fund (DRF)
WisdomTree International Health Care Sector Fund (DBR)
WisdomTree International Industrial Sector Fund (DDI)
WisdomTree International Technology Sector Fund (DBT)
WisdomTree International Utilities Sector Fund (DBU)
WisdomTree International Real Estate Fund (DRW)
WisdomTree Domestic and International Earnings Funds
WisdomTree Total Earnings Fund (EXT)
WisdomTree Earnings 500 Fund (EPS)
WisdomTree MidCap Earnings Fund (EZM)
WisdomTree SmallCap Earnings Fund (EES)
WisdomTree Earnings Top 100 Fund (EEZ)
WisdomTree LargeCap Value Fund (EZY)
WisdomTree LargeCap Growth Fund (ROI)
WisdomTree India Earnings Fund (EPI)
WisdomTree Currency Income Funds
WisdomTree U.S. Short-Term Government Income Fund (USY)
WisdomTree Dreyfus Brazilian Real Fund (BZF)
WisdomTree Dreyfus Chinese Yuan Fund (CYB)
WisdomTree Dreyfus Emerging Currency Fund (CEW)
WisdomTree Dreyfus Euro Fund (EU)
WisdomTree Dreyfus Indian Rupee Fund (ICN)
WisdomTree Dreyfus Japanese Yen Fund (JYF)
WisdomTree Dreyfus New Zealand Dollar Fund (BNZ)
WisdomTree Dreyfus South African Rand Fund (SZR) |
The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission (“SEC”) as series of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the WisdomTree Trust. None of the WisdomTree entities are affiliated with ALPS Distributors, Inc., the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you can not invest directly in an index.
There are risks associated with investing including possible loss of principal. In addition to the normal risks of investing, 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 increase the impact of events and developments associated with the region which can adversely affect performance. Funds focusing on a single country, sector and/or smaller companies generally experience greater price volatility. Investments in emerging frontier markets are generally less liquid and less efficient than developed markets. Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk and the effect of varied economic conditions. Derivatives can be volatile and may be less liquid than other securities. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting issuers. Unlike typical exchange-traded funds, there are no indexes that the currency funds attempt to track or replicate. Thus, the ability of the currency Funds to achieve their objectives will depend on the effectiveness of the portfolio manager. Please read the Fund’s prospectus for specific details regarding each Fund’s risk profile. 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 in large amounts of 50,000 shares or more.
Table of Contents
380 Madison Avenue, 21st Floor
New York, NY 10017
1.866.909.WISE (9473)
www.wisdomtree.com
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WisdomTree Earnings ETFs
WisdomTree Total Earnings Fund
WisdomTree Earnings 500 Fund
WisdomTree MidCap Earnings Fund
WisdomTree SmallCap Earnings Fund
WisdomTree Earnings Top 100 Fund
WisdomTree LargeCap Value Fund
WisdomTree LargeCap Growth Fund
WisdomTree India Earnings Fund
WisdomTree Fund shares are distributed by ALPS Distributors, Inc.
WIS002174 (11/2010)
Table of Contents
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WisdomTree Trust
International Dividend Funds
Semi-Annual Report
For the six-month period ended September 30, 2009
WisdomTree DEFA Fund (DWM)
WisdomTree DEFA Equity Income Fund (DTH)
WisdomTree Europe Total Dividend Fund (DEB)
WisdomTree Global Equity Income Fund (DEW)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Japan Total Dividend Fund (DXJ)
WisdomTree World ex-U.S. Growth Fund (DNL)
WisdomTree Japan SmallCap Dividend Fund (DFJ)
WisdomTree Pacific ex-Japan Total Dividend Fund (DND)
WisdomTree Pacific ex-Japan Equity Income Fund (DNH)
WisdomTree International LargeCap Dividend Fund (DOL)
WisdomTree International Dividend ex-Financials Fund (DOO)
WisdomTree International MidCap Dividend Fund (DIM)
WisdomTree International SmallCap Dividend Fund (DLS)
WisdomTree Emerging Markets Equity Income Fund (DEM)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Middle East Dividend Fund (GULF)
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| Schedules of Investments | ||
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“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the Trust.
Table of Contents
Performance Summary (unaudited)
WisdomTree DEFA Fund (DWM)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as the combined weights of the securities in underlying ETFs which DWM holds. |
Top Ten Holdings* as of 9/30/09
| Description | Weight** | |
| BP PLC |
2.2% | |
| Banco Santander S.A. |
1.9% | |
| HSBC Holdings PLC |
1.8% | |
| Telefonica S.A. |
1.5% | |
| TOTAL S.A. |
1.5% | |
| ENI SpA |
1.4% | |
| Vodafone Group PLC |
1.4% | |
| China Mobile Ltd. |
1.3% | |
| Deutsche Telekom AG |
1.1% | |
| Royal Dutch Shell |
1.1% | |
| * | The ten largest holdings are subject to change and there are no guarantees the Fund will remain invested in any particular security. |
| ** | The percentage represents the combined weights of securities in underlying ETFs which DWM holds. |
The WisdomTree Dividend Index of Europe, Far East Asia and Australasia (DEFA) Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index of Europe, Far East Asia and Australasia Index (WisdomTree DEFA Index). The WisdomTree DEFA Fund operates as a “fund of funds” and attempts to achieve its investment objective by investing primarily in other WisdomTree exchange traded funds (“ETFs”). Instead of investing in several hundred securities, the Fund now invests in primarily the WisdomTree Europe Total Dividend, Japan Total Dividend and Pacific ex-Japan Total Dividend Funds. By investing in these ETFs, the Fund will achieve exposure to the securities in the DEFA Index.
The WisdomTree DEFA Fund returned 49.34% at net asset value (“NAV”) for the six month period ending on September 30, 2009. The following is reflective of new strategy in effect for the period. The Fund is comprised of three WisdomTree ETFs: WisdomTree Europe Total Dividend Fund (DEB), WisdomTree Pacific ex-Japan Total Dividend Fund (DND) and the WisdomTree Japan Total Dividend Fund (DXJ). The Europe Total Dividend Fund contributed most significantly to the performance, with an average weight of 39.75% of the Fund and returns of 19.90% over the period. Please see page 3 for complete standardized performance information for the Europe Total Dividend Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.48%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree DEFA Index |
MSCI EAFE Index | |||||||||
| Six Months1 |
49.34 | % | 49.69 | % | 50.00 | % | 49.85 | % | ||||
| One Year |
2.30 | % | 0.98 | % | 2.52 | % | 3.23 | % | ||||
| Three Years |
-2.47 | % | -2.69 | % | -1.80 | % | -3.59 | % | ||||
| Since Inception2 |
0.71 | % | 0.73 | % | 1.41 | % | -0.67 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Underlying Funds Weight as of 9/30/09
| WisdomTree Europe Total Dividend Fund |
71.7% | |
| WisdomTree Pacific ex-Japan Total Dividend Fund |
15.9% | |
| WisdomTree Japan Total Dividend Fund |
12.4% |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The Investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 1 |
Table of Contents
Performance Summary (unaudited)
WisdomTree DEFA Equity Income Fund (DTH)
(Formerly WisdomTree DEFA High-Yielding Equity Fund)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| BP PLC |
3.7% | |
| Banco Santander S.A. |
3.1% | |
| HSBC Holdings PLC |
2.9% | |
| Telefonica S.A. |
2.6% | |
| TOTAL S.A. |
2.6% | |
| ENI SpA |
2.4% | |
| Vodafone Group PLC |
2.3% | |
| France Telecom S.A. |
1.9% | |
| Royal Dutch Shell PLC Class A |
1.8% | |
| Novartis AG |
1.8% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree DEFA Equity Income Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree DEFA Equity Income Index.
The WisdomTree DEFA Equity Income Fund returned 54.31% at net asset value (“NAV”) for the six month period ending on September 30, 2009. The United Kingdom contributed most significantly to this performance, with an average weight of 23.46% of the Fund and returns of 46.70% over the period. Contributing least to the Fund’s performance was Ireland, which returned 73.82% over the period, with an average weight of 0.02% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree DEFA Equity Income Index |
MSCI EAFE Value Index |
|||||||||
| Six Months1 |
54.31 | % | 55.40 | % | 55.02 | % | 58.46 | % | ||||
| One Year |
1.18 | % | -0.32 | % | 1.75 | % | 7.35 | % | ||||
| Three Years |
-3.36 | % | -3.31 | % | -2.29 | % | -4.07 | % | ||||
| Since Inception2 |
-0.09 | % | -0.03 | % | 1.06 | % | -0.75 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 2 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Europe Total Dividend Fund (DEB)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| BP PLC |
3.1% | |
| Banco Santander S.A. |
2.7% | |
| HSBC Holdings PLC |
2.5% | |
| Telefonica S.A. |
2.1% | |
| TOTAL S.A. |
2.0% | |
| ENI SpA |
2.0% | |
| Vodafone Group PLC |
2.0% | |
| Deutsche Telekom AG |
1.6% | |
| Royal Dutch Shell PLC Class A |
1.5% | |
| Novartis AG |
1.5% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Europe Total Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Europe Dividend Index.
The WisdomTree Europe Total Dividend Fund returned 50.79% at net asset value (“NAV”) for the six month period ending on September 30, 2009. The United Kingdom contributed most significantly to this performance, with an average weight of 27.38% of the Fund and returns of 45.96% over the period. Contributing least to the Fund’s performance was Ireland, which returned 34.92% over the period, with an average weight of 0.28% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.48%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Europe Dividend Index |
MSCI Europe Index |
|||||||||
| Six Months1 |
50.79 | % | 50.92 | % | 51.66 | % | 53.98 | % | ||||
| One Year |
0.17 | % | -1.51 | % | 0.08 | % | 1.57 | % | ||||
| Three Years |
-3.93 | % | -4.10 | % | -3.28 | % | -3.64 | % | ||||
| Since Inception2 |
-0.47 | % | -0.60 | % | 0.40 | % | -0.08 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 3 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Global Equity Income Fund (DEW)
(Formerly WisdomTree Europe Equity Income Fund)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as the combined weights of the securities in underlying ETFs which DEW holds. |
Top Ten Holdings* as of 9/30/09
| Description | Weight** | |
| General Electric Co. |
2.3% | |
| BP PLC |
2.1% | |
| Bank of America Corp. |
1.9% | |
| HSBC Holdings PLC |
1.7% | |
| Banco Santander S.A. |
1.7% | |
| AT&T Inc. |
1.6% | |
| Telefonica S.A. |
1.5% | |
| TOTAL S.A. |
1.5% | |
| Pfizer Inc. |
1.5% | |
| JPMorgan Chase & Co. |
1.5% | |
| * | The ten largest holdings are subject to change and there are no guarantees the Fund will remain invested in any particular security. |
| ** | The percentage represents the combined weights of securities in underlying ETFs which DEW holds. |
The WisdomTree Global Equity Income Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Global Equity Income Index. The Global Equity Income Fund operates as a “fund of funds” and attempts to achieve its investment objective by investing primarily in other WisdomTree exchange traded funds (“ETFs”). Instead of investing in several hundred securities, the Fund now invests primarily in the WisdomTree Equity Income Fund, DEFA Equity Income Fund and Emerging Markets Equity Income Fund. By investing in these ETFs the Fund will achieve exposure to the securities in the Global Equity Income Index. Prior to June 20, 2009, the WisdomTree Global Equity Income Fund was named the WisdomTree Europe Equity Income Fund and followed the investment objective of the WisdomTree Europe Equity Income Index. The information on this page and throughout this financial report reflects the investment objective and strategy of the WisdomTree Europe Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree Global Equity Income Fund thereafter.
The WisdomTree Global Equity Income Fund returned 56.02% at net asset value (“NAV”) for the six month period ending on September 30, 2009. The following is reflective of the new strategy in effect for the latter three months of reporting period. The Fund is comprised of three WisdomTree ETFs: Emerging Markets Equity Income Fund (DEM), DEFA Equity Income Fund (DTH) and Equity Income Fund (DHS). The DEFA Equity Income Fund contributed most significantly to performance, with an average weight of 56.73% of the Fund and returns of 54.31% over the period. Please see page 2 for complete standardized performance information for the DEFA Equity Income Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
Spliced WisdomTree Index1 |
Spliced Cap-Weighted Benchmark Index2 |
|||||||||
| Six Months3 |
56.02 | % | 56.47 | % | 55.23 | % | 55.64 | % | ||||
| One Year |
-2.72 | % | -3.78 | % | -3.22 | % | -2.48 | % | ||||
| Three Years |
-5.26 | % | -5.23 | % | -5.01 | % | -7.72 | % | ||||
| Since Inception4 |
-1.68 | % | -1.71 | % | -1.31 | % | -3.58 | % | ||||
| 1 | WisdomTree Europe Equity Income Index through June 19, 2009; WisdomTree Global Equity Income Index thereafter. |
| 2 | MSCI Europe Value Index through June 19, 2009; MSCI AC World Index thereafter. |
| 3 | Returns of less than one year are cumulative. |
| 4 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Underlying Funds Weight as of 9/30/09
| WisdomTree DEFA Equity Income Fund |
60.6% | |
| WisdomTree Equity Income Fund |
26.7% | |
| WisdomTree Emerging Markets Equity Income Fund |
12.7% |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 4 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Europe SmallCap Dividend Fund (DFE)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Euronav N.V. |
2.2% | |
| Electrocomponents PLC |
1.3% | |
| Uponor Oyj |
1.3% | |
| Intermediate Capital Group PLC |
1.2% | |
| Melrose PLC |
1.1% | |
| Flughafen Wien AG |
1.1% | |
| DS Smith PLC |
1.0% | |
| National Express Group PLC |
1.0% | |
| Veidekke ASA |
0.9% | |
| Brit Insurance Holdings PLC |
0.9% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Europe SmallCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Europe SmallCap Dividend Index.
The WisdomTree Europe SmallCap Dividend Fund returned 68.88% at net asset value (“NAV”) for the six month period ending on September 30, 2009. The United Kingdom contributed most significantly to this performance, with an average weight of 40.93% of the Fund and returns of 72.65% over the period. Contributing least to the Fund’s performance was Denmark, which returned 22.42% over the period, with an average weight of 1.16% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Europe SmallCap Dividend Index |
MSCI Europe SmallCap Index |
|||||||||
| Six Months1 |
68.88 | % | 69.85 | % | 72.06 | % | 75.99 | % | ||||
| One Year |
7.66 | % | 6.02 | % | 8.51 | % | 13.64 | % | ||||
| Three Years |
-6.10 | % | -6.17 | % | -5.85 | % | -2.76 | % | ||||
| Since Inception2 |
-2.70 | % | -2.88 | % | -2.25 | % | 0.53 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 5 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Japan Total Dividend Fund (DXJ)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| NTT DoCoMo, Inc. |
3.9% | |
| Toyota Motor Corp. |
3.8% | |
| Nippon Telegraph & Telephone Corp. |
3.5% | |
| Honda Motor Co. Ltd. |
2.6% | |
| Canon, Inc. |
2.6% | |
| Takeda Pharmaceutical Co., Ltd. |
2.2% | |
| Mitsubishi UFJ Financial Group, Inc. |
2.1% | |
| Mitsubishi Corp. |
1.5% | |
| Mizuho Financial Group, Inc. |
1.4% | |
| Panasonic Corp. |
1.3% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Japan Total Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Japan Dividend Index.
The WisdomTree Japan Total Dividend Fund returned 28.68% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Consumer Discretionary contributed most significantly to this performance, with an average weight of 20.07% of the Fund and returns of 35.50% over the period. Contributing least to the Fund’s performance was Utilities, which returned 9.44% over the period, with an average weight of 7.22% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.48%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Japan Dividend Index |
MSCI Japan Index | |||||||||
| Six Months1 |
28.68 | % | 24.43 | % | 29.04 | % | 31.06 | % | ||||
| One Year |
1.90 | % | -1.15 | % | 1.17 | % | -0.57 | % | ||||
| Three Years |
-6.44 | % | -6.67 | % | -6.50 | % | -8.02 | % | ||||
| Since Inception2 |
-4.91 | % | -4.96 | % | -5.06 | % | -6.31 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 6 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree World ex-U.S. Growth Fund (DNL)
(Formerly WisdomTree Japan Equity Income Fund)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| BP PLC |
12.1% | |
| Royal Dutch Shell PLC Class A |
5.8% | |
| Royal Dutch Shell PLC Class B |
5.0% | |
| BHP Billiton Ltd. |
3.9% | |
| AstraZeneca PLC |
3.1% | |
| Petroleo Brasileiro S.A. |
3.1% | |
| CNOOC Ltd. |
2.9% | |
| Hennes & Mauritz AB Class B |
2.4% | |
| BHP Billiton PLC |
2.3% | |
| Inditex S.A. |
2.0% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree World ex-U.S. Growth Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree World ex-U.S. Growth Index. The Fund invests in developed and emerging market securities. Emerging market securities are subject to additional risks not associated with investing in U.S. securities or securities from more developed markets. These risks include greater price volatility, lower trading volume and liquidity and greater social, political and economic uncertainty. Prior to June 20, 2009, the WisdomTree World ex-U.S. Growth Fund was named the WisdomTree Japan Equity Income Fund and followed the investment objective of the WisdomTree Japan Equity Income Index. The information on this page and throughout this financial report reflects the investment objective and strategy of the WisdomTree Japan Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree World ex-U.S. Growth Fund thereafter.
The WisdomTree World ex-U.S Growth Fund returned 30.92% at net asset value (“NAV”) for the six month period ending on September 30, 2009. The following is reflective of the new strategy in effect for the latter three months of reporting period. Energy contributed most significantly to this performance, with an average weight of 35.92% of the Fund and returns of 14.00% over the period. Contributing least to the Fund’s performance was Utilities, which returned 6.08% over the period, with an average weight of 3.54% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
Spliced WisdomTree Index1 |
Spliced Cap-Weighted Benchmark Index2 |
|||||||||
| Six Months3 |
30.92 | % | 29.58 | % | 31.10 | % | 47.36 | % | ||||
| One Year |
6.86 | % | 5.56 | % | 6.73 | % | 20.78 | % | ||||
| Three Years |
-2.30 | % | -2.03 | % | -2.08 | % | -0.06 | % | ||||
| Since Inception4 |
-0.89 | % | -0.45 | % | -0.63 | % | 1.37 | % | ||||
| 1 | WisdomTree Japan Equity Income Index through June 19, 2009; WisdomTree World ex-U.S. Growth Index thereafter. |
| 2 | MSCI Japan Value Index through June 19, 2009; MSCI AC World ex-U.S.A. Growth Index thereafter. |
| 3 | Returns of less than one year are cumulative. |
| 4 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 7 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Japan SmallCap Dividend Fund (DFJ)
Sector Breakdown† as of 9/30/09‡
| † | The Fund’s sector breakdown is expressed as a percentage of total investments and may change over time. |
| ‡ | A sector may be comprised of several industries. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Hitachi Koki Co., Ltd. |
1.0% | |
| Heiwa Corp. |
0.9% | |
| Yokogawa Electric Corp. |
0.9% | |
| Park24 Co., Ltd. |
0.8% | |
| Onward Holdings Co., Ltd. |
0.8% | |
| Nippon Kayaku Co., Ltd. |
0.8% | |
| Denki Kagaku Kogyo K.K. |
0.8% | |
| NHK Spring Co., Ltd. |
0.7% | |
| Nifco, Inc. |
0.6% | |
| Takefuji Corp. |
0.6% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Japan SmallCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Japan SmallCap Dividend Index.
The WisdomTree Japan SmallCap Dividend Fund returned 34.14% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Industrials contributed most significantly to this performance, they comprised on average 25.19% of the Fund and returns of 35.93% over the period. Contributing least to the Fund’s performance was Utilities, which returned 10.63% over the period, with an average weight of 0.58% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Japan SmallCap Dividend Index |
MSCI Japan SmallCap Index |
|||||||||
| Six Months1 |
34.14 | % | 31.84 | % | 35.52 | % | 35.30 | % | ||||
| One Year |
15.39 | % | 11.75 | % | 16.31 | % | 15.68 | % | ||||
| Three Years |
-4.59 | % | -4.73 | % | -4.04 | % | -6.28 | % | ||||
| Since Inception2 |
-4.61 | % | -4.29 | % | -4.22 | % | -6.62 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The Investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 8 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Pacific ex-Japan Total Dividend Fund (DND)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| China Mobile Ltd. |
8.5% | |
| Commonwealth Bank of Australia |
5.6% | |
| National Australia Bank Ltd. |
5.0% | |
| Westpac Banking Corp. |
4.5% | |
| BHP Billiton Ltd. |
4.3% | |
| Australia & New Zealand Banking Group Ltd. |
4.3% | |
| Telstra Corp., Ltd. |
3.6% | |
| CNOOC Ltd. |
3.4% | |
| Wesfarmers Ltd. |
2.1% | |
| Hang Seng Bank 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. |
The WisdomTree Pacific ex-Japan Total Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Pacific ex-Japan Dividend Index.
The WisdomTree Pacific ex-Japan Total Dividend Fund returned 60.19% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Australia contributed most significantly to this performance, with an average weight of 56.38% of the Fund and returns of 77.51% over the period. Contributing least to the Fund’s performance was New Zealand, which returned 48.32% over the period, with an average weight of 2.35% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.48%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Pacific ex-Japan Dividend Index |
MSCI Pacific ex-Japan Index |
|||||||||
| Six Months1 |
60.19 | % | 59.58 | % | 61.61 | % | 68.06 | % | ||||
| One Year |
16.10 | % | 12.54 | % | 17.15 | % | 23.19 | % | ||||
| Three Years |
8.53 | % | 8.43 | % | 9.76 | % | 7.45 | % | ||||
| Since Inception2 |
10.45 | % | 10.56 | % | 11.66 | % | 9.01 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an Investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 9 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Pacific ex-Japan Equity Income Fund (DNH)
(Formerly WisdomTree Pacific ex-Japan High-Yielding Equity Fund)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Commonwealth Bank of Australia |
9.6% | |
| National Australia Bank Ltd. |
9.2% | |
| Australia & New Zealand Banking Group Ltd. |
9.0% | |
| Telstra Corp., Ltd. |
6.6% | |
| Wesfarmers Ltd. |
6.4% | |
| QBE Insurance Group Ltd. |
4.7% | |
| Suncorp-Metway Ltd. |
3.3% | |
| AMP Ltd. |
3.3% | |
| Singapore Airlines Ltd. |
3.0% | |
| Leighton Holdings Ltd. |
2.3% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Pacific ex-Japan Equity Income Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Pacific ex-Japan Equity Income Index.
The WisdomTree Pacific ex-Japan Equity Income Fund returned 80.41% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Australia contributed most significantly to this performance, with an average weight of 82.96% of the Fund and returns of 89.89% over the period. Contributing least to the Fund’s performance was Hong Kong, which returned 46.60% over the period, with an average weight of 0.82% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Pacific ex-Japan Equity Income Index |
MSCI Pacific ex-Japan Value Index |
|||||||||
| Six Months1 |
80.41 | % | 79.88 | % | 81.73 | % | 75.58 | % | ||||
| One Year |
26.82 | % | 22.06 | % | 27.97 | % | 23.23 | % | ||||
| Three Years |
8.52 | % | 8.33 | % | 9.33 | % | 5.54 | % | ||||
| Since Inception2 |
10.15 | % | 10.10 | % | 10.95 | % | 7.69 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 10 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International LargeCap Dividend Fund (DOL)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| BP PLC |
3.1% | |
| Banco Santander S.A. |
2.6% | |
| HSBC Holdings PLC |
2.4% | |
| TOTAL S.A. |
2.1% | |
| Telefonica S.A. |
2.0% | |
| ENI SpA |
2.0% | |
| Vodafone Group PLC |
1.8% | |
| China Mobile Ltd. |
1.7% | |
| Nestle S.A. |
1.6% | |
| Novartis AG |
1.5% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International LargeCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International LargeCap Dividend Index.
The WisdomTree International LargeCap Dividend Fund returned 47.46% at net asset value (“NAV”) for the six month period ending on September 30, 2009. The United Kingdom contributed most significantly to this performance, with an average weight of 20.91% of the Fund and returns of 45.80% over the period. Contributing least to the Fund’s performance was Ireland, which returned 16.41% over the period, with an average weight of 0.09% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.48%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International LargeCap Dividend Index |
MSCI EAFE Index | |||||||||
| Six Months1 |
47.46 | % | 47.13 | % | 47.70 | % | 49.85 | % | ||||
| One Year |
0.54 | % | -1.24 | % | 0.47 | % | 3.23 | % | ||||
| Three Years |
-2.51 | % | -2.48 | % | -2.14 | % | -3.59 | % | ||||
| Since Inception2 |
0.65 | % | 0.56 | % | 1.06 | % | -0.67 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 11 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Dividend ex-Financials Fund (DOO)
(Formerly WisdomTree International Dividend Top 100 Fund)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| BT Group PLC |
4.0% | |
| Telecom Italia SpA RSP |
2.8% | |
| Deutsche Post AG |
2.3% | |
| Portugal Telecom, SGPS, S.A. |
2.3% | |
| Parmalat SpA |
2.1% | |
| Enel SpA |
2.1% | |
| France Telecom S.A. |
2.0% | |
| Sandvik AB |
2.0% | |
| Vallourec S.A. |
1.8% | |
| United Utilities Group PLC |
1.7% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Dividend ex-Financials Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Dividend ex-Financials Index. The WisdomTree International Dividend ex-Financials Index measures the performance of high dividend-yielding international stocks outside the financial sector. Prior to May 9, 2009, the WisdomTree International Dividend ex-Financials Fund was named the WisdomTree International Dividend Top 100 Fund and followed the investment objective of the WisdomTree International Dividend Top 100 Index. The information on this page and throughout this financial report reflects the investment objective and strategy of the WisdomTree International Dividend Top 100 Fund through May 8, 2009 and the investment objective and strategy of the WisdomTree International Dividend ex-Financials Fund thereafter.
The WisdomTree International Dividend ex-Financials Fund returned 53.08% at net asset value (“NAV”) for the six month period ending on September 30, 2009. France contributed most significantly to this performance, with an average weight of 16.36% of the Fund and returns of 70.55% over the period. Contributing least to the Fund’s performance was Hong Kong, which returned 10.85% over the period, with an average weight of 1.16% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
Spliced WisdomTree Index1 |
MSCI EAFE Value Index |
|||||||||
| Six Months2 |
53.08 | % | 53.68 | % | 53.68 | % | 58.46 | % | ||||
| One Year |
-1.52 | % | -3.59 | % | -1.52 | % | 7.35 | % | ||||
| Three Years |
-3.31 | % | -3.39 | % | -2.84 | % | -4.07 | % | ||||
| Since Inception3 |
0.44 | % | 0.22 | % | 0.93 | % | -0.75 | % | ||||
| 1 | WisdomTree International Dividend Top 100 Index through May 8, 2009; WisdomTree International Dividend ex-Financials Index thereafter. |
| 2 | Returns of less than one year are cumulative. |
| 3 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 12 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International MidCap Dividend Fund (DIM)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Gecina S.A. |
1.2% | |
| Suncorp-Metway Ltd. |
1.0% | |
| Man Group PLC |
0.9% | |
| Vallourec S.A. |
0.9% | |
| voestalpine AG |
0.8% | |
| Telecom Italia SpA RSP |
0.8% | |
| Grupo Ferrovial, S.A. |
0.8% | |
| Segro PLC |
0.8% | |
| Mediaset SpA |
0.8% | |
| Deutsche Lufthansa AG |
0.8% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International MidCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International MidCap Dividend Index.
The WisdomTree International MidCap Dividend Fund returned 55.16% at net asset value (“NAV”) for the six month period ending on September 30, 2009. France contributed most significantly to this performance, with an average weight of 10.17% of the Fund and returns of 82.98% over the period. Contributing least to the Fund’s performance was Ireland, which returned 43.82% over the period, with an average weight of 0.07% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International MidCap Dividend Index |
MSCI EAFE MidCap Index |
|||||||||
| Six Months1 |
55.16 | % | 55.30 | % | 55.97 | % | 53.12 | % | ||||
| One Year |
9.11 | % | 7.68 | % | 8.66 | % | 5.74 | % | ||||
| Three Years |
-1.36 | % | -1.31 | % | -1.52 | % | -4.71 | % | ||||
| Since Inception2 |
2.22 | % | 2.15 | % | 2.14 | % | -1.46 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 13 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International SmallCap Dividend Fund (DLS)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Bendigo and Adelaide Bank Ltd. |
0.9% | |
| Euronav N.V. |
0.8% | |
| Goodman Fielder Ltd. |
0.7% | |
| David Jones Ltd. |
0.7% | |
| West Australian Newspapers Holdings Ltd. |
0.6% | |
| YIT Oyj |
0.6% | |
| Peab AB |
0.6% | |
| Venture Corp., Ltd. |
0.6% | |
| Park24 Co., Ltd. |
0.5% | |
| Koninklijke BAM Groep N.V. |
0.5% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International SmallCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International SmallCap Dividend Index.
The WisdomTree International SmallCap Dividend Fund returned 57.38% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Australia contributed most significantly to this performance, with an average weight of 13.70% of the Fund and returns of 107.79% over the period. Contributing least to the Fund’s performance was Denmark, which returned 20.34% over the period, with an average weight of 0.40% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International SmallCap Dividend Index |
MSCI EAFE SmallCap Index |
|||||||||
| Six Months1 |
57.38 | % | 56.16 | % | 61.59 | % | 63.97 | % | ||||
| One Year |
8.47 | % | 6.03 | % | 10.90 | % | 15.46 | % | ||||
| Three Years |
-2.68 | % | -2.88 | % | -1.78 | % | -3.12 | % | ||||
| Since Inception2 |
-0.11 | % | -0.32 | % | 0.66 | % | -1.10 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 16, 2006. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 14 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Emerging Markets Equity Income Fund (DEM)
(Formerly WisdomTree Emerging Markets High-Yielding Equity Fund)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Banco do Brasil S.A. |
4.0% | |
| Formosa Petrochemical Corp. |
3.6% | |
| Nan Ya Plastics Corp. |
3.3% | |
| CEZ AS |
2.6% | |
| Formosa Chemicals & Fibre Corp. |
2.5% | |
| China Steel Corp. |
2.3% | |
| Formosa Plastics Corp. |
2.3% | |
| Cia Siderurgica Nacional S.A. |
2.2% | |
| Chunghwa Telecom Co., Ltd. |
2.1% | |
| Kumba Iron Ore Ltd. |
1.9% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Emerging Markets Equity Income Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets Equity Income Index.
The WisdomTree Emerging Markets Equity Income Fund returned 55.27% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Taiwan contributed most significantly to this performance, with an average weight of 31.98% of the Fund and returns of 47.28% over the period. Contributing least to the Fund’s performance was Argentina, which returned 75.07% over the period, with an average weight of 0.13% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.63%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Emerging Markets Equity Income Index |
MSCI Emerging Markets Index |
|||||||||
| Six Months1 |
55.27 | % | 55.17 | % | 57.19 | % | 62.90 | % | ||||
| One Year |
19.80 | % | 18.69 | % | 21.35 | % | 19.07 | % | ||||
| Since Inception2 |
1.00 | % | 0.19 | % | 1.84 | % | -7.53 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on July 13, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 15 |
Table of Contents
Performance Summary (unaudited)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
| # | Amount represents less than 0.05%. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Discount Investment Corp. |
3.0% | |
| Nan Ya Printed Circuit Board Corp. |
1.6% | |
| Lite-On Technology Corp. |
1.5% | |
| Aneka Tambang Tbk PT |
1.3% | |
| Ford Otomotiv Sanayi A.S. |
1.3% | |
| Unipetrol A.S. |
1.2% | |
| AES Tiete S.A. |
1.1% | |
| Airports of Thailand PCL |
1.0% | |
| Highveld Steel And Vanadium Corp., Ltd. |
0.9% | |
| Investec 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. |
The WisdomTree Emerging Markets SmallCap Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets SmallCap Dividend Index.
The WisdomTree Emerging Markets SmallCap Dividend Fund returned 65.11% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Taiwan contributed most significantly to this performance, with an average weight of 31.88% of the Fund and returns of 62.28% over the period. Contributing least to the Fund’s performance was Russia, which returned 40.41%, over the period, with an average weight of 0.04% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.63%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Emerging Markets SmallCap Dividend Index |
MSCI Emerging Markets SmallCap Index |
|||||||||
| Six Months1 |
65.11 | % | 66.87 | % | 69.25 | % | 84.86 | % | ||||
| One Year |
34.85 | % | 32.96 | % | 36.20 | % | 41.18 | % | ||||
| Since Inception2 |
-8.97 | % | -8.50 | % | -7.91 | % | -14.64 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on October 30, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 16 | WisdomTree International Dividend Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree Middle East Dividend Fund (GULF)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Industries Qatar |
8.6% | |
| Maroc Telecom |
8.1% | |
| Mobile Telecommunications Co. KSC |
6.9% | |
| Qatar Telecom Q-Telephone QSC |
4.6% | |
| Qatar National Bank S.A.Q. |
4.5% | |
| Orascom Construction Industries |
3.6% | |
| Telecom Egypt |
3.5% | |
| Commercial Bank of Qatar |
3.5% | |
| Qatar Islamic Bank |
3.0% | |
| El Ezz Steel Co. |
2.8% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree Middle East Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Middle East Dividend Index.
The WisdomTree Middle East Dividend Fund returned 34.44% at net asset value (“NAV”) for the six month period ending on September 30, 2009. The United Arab Emirates contributed most significantly to this performance, with an average weight of 16.00% of the Fund and returns of 89.08% over the period. Contributing least to the Fund’s performance was Bahrain, which returned 13.67% over the period, with an average weight of 2.19% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 18 for the list of index definitions. The annual expense ratio of the Fund is 0.88%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree Middle East Dividend Index |
MSCI Arabian Markets ex-Saudi Arabia Index |
|||||||||
| Six Months1 |
34.44 | % | 35.68 | % | 40.40 | % | 45.32 | % | ||||
| One Year |
-19.23 | % | -18.06 | % | -15.86 | % | -23.46 | % | ||||
| Since Inception2 |
-28.82 | % | -28.60 | % | -25.50 | % | -32.55 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on July 16, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Funds | 17 |
Table of Contents
Description of Indexes
Below are the descriptions of each index referenced in this Semi-Annual Report:
Correlated WisdomTree Indexes:
The WisdomTree Dividend Index of Europe, Far East Asia and Australasia (WisdomTree DEFA) is a fundamentally weighted index that measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States.
The WisdomTree DEFA Equity Income Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree DEFA Index.
The WisdomTree Europe Dividend Index is a fundamentally weighted index that measures the performance of companies incorporated in developed Europe that pay regular cash dividends and that meet other requirements necessary to be included in the WisdomTree DEFA Index.
The WisdomTree Europe Equity Income Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Europe Dividend Index.
The WisdomTree Global Equity Income Index is a fundamentally weighted index that measures the performance of high dividend-paying companies selected from the WisdomTree Global Dividend Index, which measures the performance of dividend-paying companies in the U.S., developed and emerging markets.
The WisdomTree Europe SmallCap Dividend Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the European dividend-paying market.
The WisdomTree Japan Dividend Index is a fundamentally weighted index that measures the performance of dividend-paying companies incorporated in Japan, listed on the Tokyo Stock Exchange and that meet other requirements necessary to be included in the WisdomTree DEFA Index.
The WisdomTree Japan Equity Income Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Japan Dividend Index.
The WisdomTree World ex-US Growth Index is a fundamentally weighted index that measures the stock performance of growth companies selected from developed and emerging markets outside the U.S.
The WisdomTree Japan SmallCap Dividend Index measures the performance of dividend-paying small-capitalization companies in Japan.
The WisdomTree Pacific ex-Japan Dividend Index measures the performance of dividend-paying companies incorporated in the Pacific region, excluding Japan.
The WisdomTree Pacific ex-Japan Equity Income Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Pacific ex-Japan Dividend Index.
The WisdomTree International LargeCap Dividend Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.
The WisdomTree International Dividend Top 100 Index measures the performance of the 100 highest dividend-yielding companies in the WisdomTree International LargeCap Dividend Index.
The WisdomTree International Dividend ex-Financials Index measures the performance of high dividend-yielding international stocks outside the financial sector.
The WisdomTree International MidCap Dividend Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.
| 18 | WisdomTree International Dividend Funds |
Table of Contents
Description of Indexes (continued)
The WisdomTree International SmallCap Dividend Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.
The WisdomTree Emerging Markets Equity Income Index is a fundamentally weighted index that measures the performance of the highest dividend-yielding stocks selected from the WisdomTree Emerging Markets Dividend Index.
The WisdomTree Emerging Markets SmallCap Dividend Index is a fundamentally weighted index that measures the performance of primarily small-cap stocks selected from the WisdomTree Emerging Markets Dividend Index.
The WisdomTree Middle East Dividend Index is a fundamentally weighted index that measures the performance of companies in the Middle East region that pay regular cash dividends on shares of common stock and that meet specified requirements as of the index measurement date.
Benchmarks:
The MSCI EAFE Index is a market capitalization-weighted index composed of companies representative of the developed market structure of 21 developed countries in Europe, Australasia and Japan.
The MSCI EAFE Value Index measures the performance of value stocks in the MSCI EAFE Index.
The MSCI Europe Index is a subset of the MSCI EAFE Index that measures the developed market equity performance of Western Europe.
The MSCI Europe Value Index measures the performance of Value stocks in the MSCI Europe Index.
The MSCI AC World Index measures the performance of the world stock market indexes covered by MSCI.
The MSCI Europe Small-Cap Index measures the performance of small-capitalization stocks in the MSCI Europe Index.
The MSCI Japan Index is a subset of the MSCI EAFE Index that measures the performance of the Japan equity market.
The MSCI Japan Value Index measures the performance of value stocks in the MSCI Japan Index.
The MSCI AC World ex USA Growth Index measures the performance of growth stocks in the developed and emerging markets covered by MSCI excluding the U.S.
The MSCI Japan SmallCap Index measures the performance of small-capitalization stocks in the MSCI Japan Index.
The MSCI Pacific ex-Japan Index is a subset of the MSCI EAFE Index and measures the performance of stocks in Australia, Hong Kong, Singapore and New Zealand.
The MSCI Pacific ex-Japan Value Index measures the performance of value stocks in the MSCI Pacific ex-Japan Index.
The MSCI EAFE MidCap Index is a free float-adjusted market capitalization index that is designed to measure the performance of mid-capitalization equities in the developed markets excluding the US & Canada.
The MSCI EAFE SmallCap Index measures the performance of small-capitalization stocks in the MSCI EAFE Index.
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 SmallCap Index is a free float-adjusted market capitalization index that is designed to measure the performance of small-capitalization equities in the emerging markets.
| WisdomTree International Dividend Funds | 19 |
Table of Contents
Description of Indexes (concluded)
The MSCI Arabian Markets ex-Saudi Arabia Index is a free float-adjusted market capitalization index that is designed to measure the performance of stocks in the Gulf Cooperation Council (GCC) countries and the neighboring region: the United Arab Emirates, Kuwait, Qatar, Bahrain, Oman, Egypt, Jordan, and Morocco.
Index returns do not reflect expenses paid by the Fund. Index returns assume reinvestment of distributions. It is not possible to invest directly in an index.
| 20 | WisdomTree International Dividend Funds |
Table of Contents
Shareholder Expense Examples (unaudited)
As a shareholder of a WisdomTree Fund, you incur two types of costs: (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 following example is 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 example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2009 to September 30, 2009.
Actual expenses
The first line under each Fund in the table on the next page 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 Period 4/01/09 to 9/30/09” to estimate the expenses you paid on your account during this period.
Hypothetical example for comparison purposes
The second line under each Fund in the table on the next page provides information about hypothetical account values and hypothetical expenses based on each 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 under each Fund 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 International Dividend Funds | 21 |
Table of Contents
Shareholder Expense Examples (unaudited) (continued)
| Beginning Account Value 4/01/09 |
Ending Account Value 9/30/09 |
Annualized Expense Ratio Based on the Period 4/01/09 to 9/30/09 |
Expenses Paid During the Period† 4/01/09 to 9/30/09 | |||||||||
| WisdomTree DEFA Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,493.36 | 0.21 | %* | $ | 1.33 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,024.00 | 0.21 | %* | $ | 1.08 | ||||
| WisdomTree DEFA Equity Income Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,543.06 | 0.58 | % | $ | 3.73 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree Europe Total Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,507.86 | 0.48 | % | $ | 3.05 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.64 | 0.48 | % | $ | 2.46 | ||||
| WisdomTree Global Equity Income Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,560.22 | 0.27 | %* | $ | 1.75 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.70 | 0.27 | %* | $ | 1.39 | ||||
| WisdomTree Europe SmallCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,688.86 | 0.58 | % | $ | 3.94 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree Japan Total Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,286.82 | 0.48 | % | $ | 2.78 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.64 | 0.48 | % | $ | 2.46 | ||||
| WisdomTree World ex-U.S. Growth Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,309.25 | 0.58 | % | $ | 3.38 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree Japan SmallCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,341.39 | 0.58 | % | $ | 3.43 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree Pacific ex-Japan Total Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,601.89 | 0.48 | % | $ | 3.16 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.64 | 0.48 | % | $ | 2.46 | ||||
| WisdomTree Pacific ex-Japan Equity Income Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,804.07 | 0.58 | % | $ | 4.11 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree International LargeCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,474.61 | 0.48 | % | $ | 3.00 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.64 | 0.48 | % | $ | 2.46 | ||||
| WisdomTree International Dividend ex-Financials Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,530.84 | 0.58 | % | $ | 3.71 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree International MidCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,551.58 | 0.58 | % | $ | 3.74 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree International SmallCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,573.79 | 0.58 | % | $ | 3.77 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.14 | 0.58 | % | $ | 2.96 | ||||
| WisdomTree Emerging Markets Equity Income Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,552.68 | 0.63 | % | $ | 4.06 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,021.89 | 0.63 | % | $ | 3.22 | ||||
| 22 | WisdomTree International Dividend Funds |
Table of Contents
Shareholder Expense Examples (unaudited) (concluded)
| Beginning Account Value 4/01/09 |
Ending Account Value 9/30/09 |
Annualized Expense Ratio Based on the Period 4/01/09 to 9/30/09 |
Expenses Paid During the Period† 4/01/09 to 9/30/09 | |||||||||
| WisdomTree Emerging Markets SmallCap Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,651.05 | 0.63 | % | $ | 4.21 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,021.89 | 0.63 | % | $ | 3.21 | ||||
| WisdomTree Middle East Dividend Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,344.38 | 0.88 | % | $ | 5.19 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,020.64 | 0.88 | % | $ | 4.47 | ||||
| † | Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/365 (to reflect one-half year period). |
| * | Reflects operation as “Fund of Funds”. The Fund has entered into an agreement with WTAM whereby WTAM waives a portion of its management fees equal to the management fees paid by each Underlying Fund for so long as the Fund invests in the Underlying Funds. Underlying Fund Fees reflect fees that are not directly paid by the Fund of Funds but are indirectly incurred as a result of investment in shares of the Underlying Funds. |
| WisdomTree International Dividend Funds | 23 |
Table of Contents
Schedule of Investments (unaudited)
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 0.0% | |||||
| Austria 0.0% | |||||
| Bank Austria Creditanstalt AG*(a) (Cost: $0) |
3,774 | $ | — | ||
| EXCHANGE-TRADED FUNDS – 99.9% | |||||
| United States – 99.9% | |||||
| WisdomTree Europe Total Dividend Fund(b) |
6,981,059 | 302,765,737 | |||
| WisdomTree Japan Total Dividend Fund(b) |
1,278,491 | 52,211,910 | |||
| WisdomTree Pacific ex-Japan Total Dividend Fund(b)(c) |
1,150,268 | 66,967,683 | |||
| TOTAL EXCHANGE-TRADED FUNDS (Cost: $360,678,998) |
421,945,330 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1% | |||||
| MONEY MARKET FUND – 0.1% | |||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(d) (Cost: $356,003)(e) |
356,003 | 356,003 | |||
| TOTAL INVESTMENTS IN SECURITIES – 100.0% (Cost: $361,035,001)(f) |
422,301,333 | ||||
| Foreign Currency and Other Assets in Excess of Liabilities – 0.0% |
96,645 | ||||
| NET ASSETS – 100.0% | $ | 422,397,978 | |||
| * | Non-income producing security. |
| (a) | Escrow Security-additional shares issued as result of a corporate action. |
| (b) | Affiliated Companies (See Note 7). |
| (c) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (d) | Interest rate shown reflects yield as of September 30, 2009. |
| (e) | At September 30, 2009, the total market value of the Fund’s securities on loan was $349,620 and the total market value of the collateral held by the Fund was $356,003. |
| (f) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 24 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree DEFA Equity Income Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.9% | |||||
| Australia – 10.5% | |||||
| Amcor Ltd. |
82,288 | $ | 397,976 | ||
| AMP Ltd. |
78,471 | 451,540 | |||
| ASX Ltd. |
12,351 | 383,693 | |||
| Australia & New Zealand Banking Group Ltd. |
76,670 | 1,650,353 | |||
| AXA Asia Pacific Holdings Ltd. |
86,123 | 332,154 | |||
| Brambles Ltd. |
78,045 | 556,539 | |||
| Commonwealth Bank of Australia |
47,644 | 2,175,996 | |||
| Crown Ltd. |
74,442 | 586,690 | |||
| Foster’s Group Ltd. |
98,011 | 480,073 | |||
| Leighton Holdings Ltd.(a) |
16,298 | 520,262 | |||
| Macquarie Group Ltd. |
12,572 | 652,300 | |||
| National Australia Bank Ltd. |
71,947 | 1,953,163 | |||
| Orica Ltd. |
20,110 | 417,080 | |||
| QBE Insurance Group Ltd. |
30,827 | 654,585 | |||
| Suncorp-Metway Ltd. |
90,984 | 713,046 | |||
| Telstra Corp., Ltd. |
535,660 | 1,545,882 | |||
| Wesfarmers Ltd. |
44,995 | 1,051,927 | |||
| Westpac Banking Corp. |
73,447 | 1,701,543 | |||
| Total Australia | 16,224,802 | ||||
| Austria – 0.6% | |||||
| Bank Austria Creditanstalt AG*(b) |
3,058 | — | |||
| Telekom Austria AG |
25,258 | 454,849 | |||
| voestalpine AG |
14,946 | 532,838 | |||
| Total Austria | 987,687 | ||||
| Belgium – 1.0% | |||||
| Belgacom S.A. |
21,106 | 821,244 | |||
| Mobistar S.A. |
5,310 | 367,047 | |||
| Solvay S.A. |
3,972 | 411,927 | |||
| Total Belgium | 1,600,218 | ||||
| Finland – 1.7% | |||||
| Fortum Oyj |
27,950 | 715,771 | |||
| Neste Oil Oyj |
23,610 | 435,526 | |||
| Poyry Oyj |
15,147 | 274,319 | |||
| Rautaruukki Oyj |
16,417 | 393,546 | |||
| Sampo Oyj Class A |
20,731 | 521,506 | |||
| UPM-Kymmene Oyj |
27,534 | 330,021 | |||
| Total Finland | 2,670,689 | ||||
| France – 15.7% | |||||
| Accor S.A. |
12,275 | 682,528 | |||
| Bouygues S.A. |
14,954 | 759,575 | |||
| Casino Guichard Perrachon S.A. |
5,470 | 433,356 | |||
| Cie de Saint-Gobain |
17,889 | 926,959 | |||
| Credit Agricole S.A. |
49,672 | 1,036,807 | |||
| Fonciere Des Regions |
2,904 | 337,842 | |||
| France Telecom S.A. |
108,303 | 2,881,969 | |||
| GDF Suez |
54,975 | 2,438,432 | |||
| Gecina S.A. |
5,001 | 595,762 | |||
| Klepierre |
8,978 | 355,703 | |||
| Lagardere SCA |
7,587 | 352,992 | |||
| Legrand S.A. |
15,125 | 420,277 | |||
| Investments | Shares | U.S. $ Value | |||
| Neopost S.A. |
3,364 | $ | 301,569 | ||
| PagesJaunes Groupe(a) |
28,980 | 375,353 | |||
| PPR |
4,663 | 597,005 | |||
| Safran S.A. |
22,531 | 421,714 | |||
| Sanofi-Aventis S.A. |
29,366 | 2,152,652 | |||
| Schneider Electric S.A. |
9,317 | 943,228 | |||
| Suez Environnement S.A. |
16,803 | 383,396 | |||
| TOTAL S.A. |
68,271 | 4,052,042 | |||
| Unibail-Rodamco SE |
2,367 | 491,125 | |||
| Vallourec S.A. |
3,251 | 550,280 | |||
| Veolia Environnement |
14,707 | 563,012 | |||
| Vinci S.A. |
13,756 | 777,342 | |||
| Vivendi |
47,362 | 1,463,848 | |||
| Total France | 24,294,768 | ||||
| Germany – 9.1% | |||||
| Allianz SE |
12,486 | 1,558,069 | |||
| BASF SE |
31,555 | 1,670,148 | |||
| Deutsche Lufthansa AG |
28,776 | 509,369 | |||
| Deutsche Post AG |
42,528 | 795,689 | |||
| Deutsche Telekom AG |
200,597 | 2,735,673 | |||
| E.ON AG |
55,309 | 2,342,893 | |||
| K+S AG |
6,990 | 381,002 | |||
| MAN SE |
5,744 | 473,535 | |||
| Muenchener Rueckversicherungs AG |
6,528 | 1,040,362 | |||
| RWE AG |
19,930 | 1,848,987 | |||
| ThyssenKrupp AG |
23,364 | 803,577 | |||
| Total Germany | 14,159,304 | ||||
| Hong Kong – 1.1% | |||||
| CLP Holdings Ltd. |
59,524 | 403,992 | |||
| Hang Seng Bank Ltd. |
64,618 | 931,327 | |||
| Hongkong Electric Holdings Ltd. |
53,518 | 293,484 | |||
| Total Hong Kong | 1,628,803 | ||||
| Italy – 7.5% | |||||
| A2A SpA |
158,697 | 311,532 | |||
| Atlantia SpA |
19,358 | 468,858 | |||
| Edison SpA |
205,570 | 356,371 | |||
| Enel SpA |
403,645 | 2,559,159 | |||
| ENI SpA |
151,708 | 3,787,517 | |||
| Mediaset SpA |
70,940 | 495,653 | |||
| Mediobanca SpA |
46,712 | 637,725 | |||
| Parmalat SpA |
128,498 | 354,802 | |||
| Saras SpA |
103,761 | 400,023 | |||
| Snam Rete Gas SpA |
103,790 | 504,435 | |||
| Telecom Italia SpA |
341,287 | 598,132 | |||
| Telecom Italia SpA RSP |
440,503 | 540,862 | |||
| Terna Rete Elettrica Nazionale SpA |
91,241 | 355,423 | |||
| Unione di Banche Italiane SCPA |
19,972 | 306,235 | |||
| Total Italy | 11,676,727 | ||||
| Japan – 1.6% | |||||
| Daiichi Sankyo Co., Ltd. |
23,400 | 484,282 | |||
| Eisai Co., Ltd.(a) |
8,300 | 313,330 | |||
| Mitsui O.S.K. Lines Ltd. |
65,000 | 386,218 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 25 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree DEFA Equity Income Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Mizuho Financial Group, Inc. |
289,000 | $ | 574,546 | ||
| Takeda Pharmaceutical Co., Ltd. |
15,800 | 659,988 | |||
| Total Japan | 2,418,364 | ||||
| Netherlands – 3.3% | |||||
| Akzo Nobel N.V. |
8,924 | 552,227 | |||
| Corio N.V. |
4,753 | 327,434 | |||
| Koninklijke DSM N.V. |
9,220 | 384,765 | |||
| Koninklijke KPN N.V.(a) |
53,382 | 884,452 | |||
| Koninklijke Philips Electronics N.V. |
32,956 | 801,578 | |||
| Reed Elsevier N.V. |
30,931 | 348,583 | |||
| STMicroelectronics N.V. |
23,601 | 222,130 | |||
| Unilever N.V. CVA |
42,377 | 1,219,957 | |||
| Wolters Kluwer N.V. |
18,543 | 395,587 | |||
| Total Netherlands | 5,136,713 | ||||
| New Zealand – 0.3% | |||||
| Telecom Corp. of New Zealand Ltd. |
199,080 | 383,079 | |||
| Norway – 1.8% | |||||
| Fred Olsen Energy ASA |
10,324 | 383,260 | |||
| Orkla ASA |
51,014 | 478,726 | |||
| StatoilHydro ASA |
88,346 | 1,977,861 | |||
| Total Norway | 2,839,847 | ||||
| Portugal – 1.0% | |||||
| Brisa Auto-Estradas de Portugal S.A. |
44,075 | 433,576 | |||
| Energias de Portugal S.A. |
112,697 | 515,602 | |||
| Portugal Telecom, SGPS, S.A. |
59,911 | 633,583 | |||
| Total Portugal | 1,582,761 | ||||
| Singapore – 1.9% | |||||
| DBS Group Holdings Ltd. |
65,000 | 612,611 | |||
| Keppel Corp., Ltd. |
88,000 | 505,873 | |||
| Singapore Airlines Ltd. |
68,000 | 665,015 | |||
| Singapore Airport Terminal Services Ltd.(a) |
196,180 | 314,657 | |||
| Singapore Exchange Ltd. |
67,000 | 400,369 | |||
| Singapore Technologies Engineering Ltd. |
245,000 | 478,159 | |||
| Total Singapore | 2,976,684 | ||||
| Spain – 13.1% | |||||
| Abertis Infraestructuras, S.A. |
16,004 | 362,826 | |||
| ACS Actividades de Construccion y Servicios, S.A.(a) |
9,804 | 510,739 | |||
| Banco Bilbao Vizcaya Argentaria S.A.(a) |
109,575 | 1,942,811 | |||
| Banco de Sabadell S.A.(a) |
50,438 | 372,681 | |||
| Banco Espanol de Credito S.A. |
32,624 | 444,438 | |||
| Banco Pastor S.A. |
29,351 | 240,253 | |||
| Banco Popular Espanol S.A.(a) |
53,096 | 531,631 | |||
| Banco Santander S.A. |
294,609 | 4,738,400 | |||
| Bolsas y Mercados Espanoles |
10,078 | 391,992 | |||
| Criteria Caixacorp S.A. |
121,782 | 624,811 | |||
| Fomento de Construcciones y Contratas S.A.(a) |
8,498 | 397,489 | |||
| Gas Natural SDG S.A. |
48,505 | 1,070,586 | |||
| Gestevision Telecinco S.A. |
28,136 | 354,510 | |||
| Grupo Ferrovial, S.A.(a) |
10,311 | 492,690 | |||
| Iberdrola S.A.(a) |
123,169 | 1,207,142 | |||
| Inditex S.A.(a) |
16,515 | 946,528 | |||
| Investments | Shares | U.S. $ Value | |||
| Mapfre S.A. |
104,496 | $ | 466,932 | ||
| Repsol YPF S.A.(a) |
43,069 | 1,170,314 | |||
| Telefonica S.A. |
148,108 | 4,081,908 | |||
| Total Spain | 20,348,681 | ||||
| Sweden – 2.6% | |||||
| Hennes & Mauritz AB Class B |
22,405 | 1,254,361 | |||
| Sandvik AB |
54,884 | 604,341 | |||
| Skanska AB Class B |
29,838 | 436,507 | |||
| Svenska Handelsbanken AB Class A |
22,779 | 579,830 | |||
| Tele2 AB Class B |
28,684 | 379,426 | |||
| TeliaSonera AB |
108,293 | 709,270 | |||
| Total Sweden | 3,963,735 | ||||
| Switzerland – 3.5% | |||||
| Compagnie Financiere Richemont S.A. Class A |
21,099 | 595,363 | |||
| Holcim Ltd.* |
8,654 | 592,974 | |||
| Novartis AG |
56,309 | 2,813,686 | |||
| Swisscom AG |
1,485 | 530,587 | |||
| Zurich Financial Services AG |
4,071 | 967,091 | |||
| Total Switzerland | 5,499,701 | ||||
| United Kingdom – 23.6% | |||||
| Antofagasta PLC |
49,915 | 606,321 | |||
| AstraZeneca PLC |
39,204 | 1,758,134 | |||
| Aviva PLC |
96,597 | 692,280 | |||
| BP PLC |
650,353 | 5,751,986 | |||
| British American Tobacco PLC |
54,965 | 1,725,639 | |||
| British Land Co. PLC |
38,102 | 289,579 | |||
| BT Group PLC |
602,150 | 1,251,963 | |||
| Cable & Wireless PLC |
156,050 | 358,145 | |||
| Centrica PLC |
134,945 | 543,014 | |||
| Drax Group PLC |
48,033 | 362,214 | |||
| GlaxoSmithKline PLC |
133,936 | 2,633,719 | |||
| HSBC Holdings PLC |
397,804 | 4,555,391 | |||
| International Power PLC |
85,684 | 396,042 | |||
| Land Securities Group PLC |
40,758 | 407,414 | |||
| Legal & General Group PLC |
352,638 | 495,185 | |||
| Man Group PLC |
120,683 | 639,264 | |||
| Marks & Spencer Group PLC |
83,477 | 483,436 | |||
| National Grid PLC |
84,400 | 815,310 | |||
| Pearson PLC |
40,546 | 499,972 | |||
| Prudential PLC |
68,110 | 655,224 | |||
| Royal Dutch Shell PLC Class A |
100,137 | 2,856,349 | |||
| Royal Dutch Shell PLC Class B |
91,927 | 2,552,327 | |||
| RSA Insurance Group PLC |
199,509 | 426,935 | |||
| Scottish & Southern Energy PLC |
27,548 | 516,811 | |||
| Segro PLC |
95,683 | 562,387 | |||
| Severn Trent PLC |
18,200 | 282,495 | |||
| Standard Life PLC |
123,533 | 432,684 | |||
| United Utilities Group PLC |
58,155 | 424,685 | |||
| Vodafone Group PLC |
1,590,547 | 3,566,466 | |||
| Total United Kingdom | 36,541,371 | ||||
| TOTAL COMMON STOCKS (Cost: $156,515,954) |
154,933,934 | ||||
See Notes to Financial Statements.
| 26 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree DEFA Equity Income Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | ||||
| WARRANTS – 0.0% | ||||||
| Italy – 0.0% | ||||||
| Mediobanca SpA, expiring 3/18/11 (Cost: $1,886) |
44,488 | $ | 3,159 | |||
| TOTAL LONG-TERM INVESTMENTS (Cost: $156,517,840) |
154,937,093 | |||||
| SHORT-TERM INVESTMENT – 0.1% | ||||||
| MONEY MARKET FUND – 0.1% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(c) (Cost: $187,564) |
187,564 | 187,564 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.5% | ||||||
| MONEY MARKET FUND – 4.5% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(d) (Cost: $6,951,061)(e) |
6,951,061 | 6,951,061 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 104.5% (Cost: $163,656,465)(f) |
162,075,718 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (4.5)% |
(6,918,187 | ) | ||||
| NET ASSETS – 100.0% | $ | 155,157,531 | ||||
RSP – Risparmio Italian Savings Shares
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Escrow Security-additional shares issued as result of a corporate action. |
| (c) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (d) | Interest rate shown reflects yield as of September 30, 2009. |
| (e) | At September 30, 2009, the total market value of the Fund’s securities on loan was $6,578,583 and the total market value of the collateral held by the Fund was $6,951,061. |
| (f) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 27 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Europe Total Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.9% | |||||
| Austria – 1.2% | |||||
| Bank Austria Creditanstalt AG*(a) |
480 | $ | — | ||
| Erste Group Bank AG |
18,074 | 806,829 | |||
| OMV AG |
18,483 | 744,848 | |||
| Telekom Austria AG |
45,270 | 815,229 | |||
| Verbund – Oesterreichische Elektrizitaetswirtschafts AG Class A |
13,019 | 657,482 | |||
| voestalpine AG |
30,124 | 1,073,946 | |||
| Total Austria | 4,098,334 | ||||
| Belgium – 1.5% | |||||
| Anheuser-Busch InBev N.V. |
23,264 | 1,061,126 | |||
| Belgacom S.A. |
35,927 | 1,397,936 | |||
| Mobistar S.A. |
11,952 | 826,167 | |||
| Solvay S.A. |
8,352 | 866,166 | |||
| UCB S.A. |
19,537 | 823,590 | |||
| Total Belgium | 4,974,985 | ||||
| Denmark – 0.4% | |||||
| Novo Nordisk A/S Class B |
19,682 | 1,230,813 | |||
| Finland – 2.2% | |||||
| Fortum Oyj |
52,242 | 1,337,865 | |||
| Kone Oyj Class B |
20,144 | 739,645 | |||
| Neste Oil Oyj |
49,482 | 912,777 | |||
| Nokia Oyj |
133,884 | 1,966,767 | |||
| Rautaruukki Oyj |
30,606 | 733,683 | |||
| Sampo Oyj Class A |
37,760 | 949,885 | |||
| UPM-Kymmene Oyj |
60,821 | 728,997 | |||
| Total Finland | 7,369,619 | ||||
| France – 19.4% | |||||
| Accor S.A. |
20,525 | 1,141,253 | |||
| Aeroports de Paris |
6,815 | 612,532 | |||
| Air Liquide S.A. |
7,811 | 887,698 | |||
| Alstom S.A. |
6,968 | 507,932 | |||
| AXA S.A. |
60,203 | 1,627,976 | |||
| BNP Paribas* |
17,536 | 1,399,527 | |||
| Bourbon S.A. |
2,835 | 130,533 | |||
| Bouygues S.A. |
29,182 | 1,482,272 | |||
| Carrefour S.A. |
18,383 | 832,983 | |||
| Casino Guichard Perrachon S.A. |
10,417 | 825,278 | |||
| Christian Dior S.A. |
9,954 | 982,109 | |||
| Cie de Saint-Gobain |
35,237 | 1,825,885 | |||
| CNP Assurances |
7,122 | 724,864 | |||
| Credit Agricole S.A. |
100,187 | 2,091,211 | |||
| Danone |
18,308 | 1,102,010 | |||
| Electricite de France |
52,863 | 3,132,519 | |||
| Fonciere Des Regions |
6,686 | 777,827 | |||
| France Telecom S.A. |
171,362 | 4,559,985 | |||
| GDF Suez |
92,628 | 4,108,541 | |||
| Gecina S.A. |
9,116 | 1,085,976 | |||
| ICADE |
5,211 | 557,558 | |||
| Klepierre |
19,990 | 791,991 | |||
| Lafarge S.A. |
14,631 | 1,307,762 | |||
| Investments | Shares | U.S. $ Value | |||
| Lagardere SCA |
14,238 | $ | 662,436 | ||
| Legrand S.A. |
35,005 | 972,681 | |||
| L’Oreal S.A. |
8,578 | 851,988 | |||
| LVMH Moet Hennessy Louis Vuitton S.A. |
13,635 | 1,369,808 | |||
| Neopost S.A. |
8,269 | 741,283 | |||
| PagesJaunes Groupe |
56,834 | 736,121 | |||
| Pernod-Ricard S.A. |
10,877 | 862,834 | |||
| PPR |
10,711 | 1,371,332 | |||
| Safran S.A. |
49,709 | 930,407 | |||
| Sanofi-Aventis S.A. |
55,149 | 4,042,656 | |||
| Schneider Electric S.A. |
16,924 | 1,713,341 | |||
| Societe Generale |
18,689 | 1,502,474 | |||
| Sodexo |
13,631 | 815,706 | |||
| Suez Environnement S.A. |
38,759 | 884,369 | |||
| Thales S.A. |
14,246 | 705,912 | |||
| TOTAL S.A. |
114,119 | 6,773,228 | |||
| Unibail-Rodamco SE |
3,754 | 778,911 | |||
| Vallourec S.A. |
6,892 | 1,166,573 | |||
| Veolia Environnement |
31,403 | 1,202,167 | |||
| Vinci S.A. |
23,821 | 1,346,108 | |||
| Vivendi |
78,905 | 2,438,768 | |||
| Total France | 64,365,325 | ||||
| Germany – 11.7% | |||||
| Allianz SE |
22,671 | 2,829,008 | |||
| BASF SE |
56,912 | 3,012,247 | |||
| Bayer AG |
27,112 | 1,876,462 | |||
| Bayerische Motoren Werke AG |
9,628 | 463,713 | |||
| Beiersdorf AG |
11,487 | 673,805 | |||
| Daimler AG |
23,558 | 1,184,727 | |||
| Deutsche Bank AG |
8,505 | 651,983 | |||
| Deutsche Boerse AG |
10,570 | 862,892 | |||
| Deutsche Lufthansa AG |
54,924 | 972,220 | |||
| Deutsche Post AG |
83,105 | 1,554,874 | |||
| Deutsche Telekom AG |
378,537 | 5,162,359 | |||
| E.ON AG |
99,962 | 4,234,396 | |||
| Fresenius Medical Care AG & Co. KGaA |
17,806 | 885,700 | |||
| K+S AG |
10,905 | 594,396 | |||
| Linde AG |
6,970 | 754,731 | |||
| MAN SE |
9,805 | 808,323 | |||
| Merck KGaA |
8,425 | 836,792 | |||
| Metro AG |
13,326 | 752,848 | |||
| Muenchener Rueckversicherungs AG |
11,183 | 1,782,225 | |||
| RWE AG |
34,852 | 3,233,362 | |||
| SAP AG |
34,389 | 1,672,866 | |||
| Siemens AG |
25,385 | 2,348,020 | |||
| ThyssenKrupp AG |
40,766 | 1,402,098 | |||
| Volkswagen AG(b) |
2,449 | 402,108 | |||
| Total Germany | 38,952,155 | ||||
| Ireland – 0.3% | |||||
| CRH PLC |
30,788 | 850,889 | |||
| FBD Holdings PLC Redemption Shares*† |
1,874 | — | |||
| Total Ireland | 850,889 | ||||
See Notes to Financial Statements.
| 28 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Europe Total Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Italy – 7.3% | |||||
| A2A SpA |
348,749 | $ | 684,616 | ||
| Atlantia SpA |
39,369 | 953,532 | |||
| Edison SpA |
465,717 | 807,356 | |||
| Enel SpA |
726,223 | 4,604,343 | |||
| ENI SpA(b) |
268,844 | 6,711,914 | |||
| Finmeccanica SpA |
51,703 | 912,937 | |||
| Mediaset SpA |
122,187 | 853,711 | |||
| Mediobanca SpA |
97,957 | 1,337,336 | |||
| Parmalat SpA |
309,581 | 854,800 | |||
| Saipem SpA |
27,932 | 840,244 | |||
| Saras SpA |
241,206 | 929,905 | |||
| Snam Rete Gas SpA |
177,167 | 861,059 | |||
| Telecom Italia SpA |
777,932 | 1,363,387 | |||
| Telecom Italia SpA RSP |
851,257 | 1,045,197 | |||
| Terna Rete Elettrica Nazionale SpA |
177,477 | 691,349 | |||
| Unione di Banche Italiane SCPA |
42,366 | 649,608 | |||
| Total Italy | 24,101,294 | ||||
| Netherlands – 3.7% | |||||
| Akzo Nobel N.V. |
18,614 | 1,151,854 | |||
| Corio N.V. |
9,423 | 649,150 | |||
| European Aeronautic Defence and Space Co. EADS N.V. |
36,534 | 819,450 | |||
| Heineken N.V. |
21,209 | 976,692 | |||
| Koninklijke Ahold N.V. |
51,930 | 623,948 | |||
| Koninklijke DSM N.V. |
21,605 | 901,610 | |||
| Koninklijke KPN N.V. |
103,104 | 1,708,265 | |||
| Koninklijke Philips Electronics N.V. |
64,187 | 1,561,200 | |||
| Reed Elsevier N.V. |
47,567 | 536,066 | |||
| STMicroelectronics N.V. |
66,332 | 624,309 | |||
| Unilever N.V. CVA |
63,037 | 1,814,720 | |||
| Wolters Kluwer N.V. |
35,720 | 762,033 | |||
| Total Netherlands | 12,129,297 | ||||
| Norway – 1.7% | |||||
| Fred Olsen Energy ASA |
28,190 | 1,046,503 | |||
| Orkla ASA(b) |
92,076 | 864,061 | |||
| StatoilHydro ASA |
164,038 | 3,672,429 | |||
| Total Norway | 5,582,993 | ||||
| Portugal – 1.3% | |||||
| Banco Espirito Santo S.A. |
93,294 | 661,384 | |||
| Brisa Auto-Estradas de Portugal S.A. |
82,801 | 814,533 | |||
| Energias de Portugal S.A. |
185,062 | 846,681 | |||
| Galp Energia, SGPS, S.A. Class B |
46,644 | 805,882 | |||
| Portugal Telecom, SGPS, S.A. |
107,775 | 1,139,764 | |||
| Total Portugal | 4,268,244 | ||||
| Spain – 11.9% | |||||
| Abertis Infraestructuras, S.A.(b) |
32,478 | 736,308 | |||
| Acciona, S.A. |
3,447 | 468,579 | |||
| ACS Actividades de Construccion y Servicios, S.A. |
14,726 | 767,151 | |||
| Banco Bilbao Vizcaya Argentaria S.A. |
207,428 | 3,677,785 | |||
| Banco de Sabadell S.A.(b) |
104,636 | 773,144 | |||
| Banco Espanol de Credito S.A. |
69,013 | 940,167 | |||
| Investments | Shares | U.S. $ Value | |||
| Banco Pastor S.A. |
47,159 | $ | 386,021 | ||
| Banco Popular Espanol S.A.(b) |
105,004 | 1,051,368 | |||
| Banco Santander S.A.* |
552,921 | 8,890,491 | |||
| Bolsas y Mercados Espanoles |
24,356 | 947,347 | |||
| Cia Espanola de Petroleos S.A. |
10,759 | 397,564 | |||
| Criteria Caixacorp S.A. |
257,997 | 1,323,671 | |||
| Fomento de Construcciones y Contratas S.A.(b) |
16,316 | 763,171 | |||
| Gas Natural SDG S.A. |
91,793 | 2,026,024 | |||
| Gestevision Telecinco S.A. |
52,187 | 657,548 | |||
| Grupo Ferrovial, S.A.(b) |
21,215 | 1,013,716 | |||
| Iberdrola S.A.(b) |
208,717 | 2,045,572 | |||
| Inditex S.A. |
31,022 | 1,777,972 | |||
| Mapfre S.A. |
194,712 | 870,054 | |||
| Red Electrica Corp. S.A. |
8,656 | 442,457 | |||
| Repsol YPF S.A. |
77,902 | 2,116,831 | |||
| Telefonica S.A. |
253,978 | 6,999,722 | |||
| Zardoya Otis, S.A. |
24,554 | 532,257 | |||
| Total Spain | 39,604,920 | ||||
| Sweden – 3.7% | |||||
| AB Volvo Class B |
107,850 | 994,777 | |||
| Atlas Copco AB Class A(b) |
72,310 | 928,583 | |||
| Hennes & Mauritz AB Class B |
39,215 | 2,195,482 | |||
| Nordea Bank AB |
109,917 | 1,103,438 | |||
| Sandvik AB |
103,327 | 1,137,759 | |||
| Skanska AB Class B |
71,315 | 1,043,283 | |||
| Svenska Cellulosa AB Class B |
59,975 | 810,490 | |||
| Svenska Handelsbanken AB Class A |
44,735 | 1,138,710 | |||
| Tele2 AB Class B |
65,416 | 865,310 | |||
| Telefonaktiebolaget LM Ericsson Class B |
86,857 | 869,458 | |||
| TeliaSonera AB |
204,440 | 1,338,989 | |||
| Total Sweden | 12,426,279 | ||||
| Switzerland – 6.9% | |||||
| Adecco S.A. |
19,686 | 1,045,341 | |||
| Compagnie Financiere Richemont S.A. Class A |
47,108 | 1,329,275 | |||
| Geberit AG |
6,206 | 952,147 | |||
| Holcim Ltd.* |
17,845 | 1,222,743 | |||
| Kuehne + Nagel International AG |
7,043 | 611,210 | |||
| Nestle S.A. |
105,350 | 4,483,454 | |||
| Novartis AG |
100,185 | 5,006,112 | |||
| Roche Holding AG |
20,986 | 3,387,611 | |||
| SGS S.A. |
840 | 1,129,283 | |||
| Swisscom AG |
3,335 | 1,191,588 | |||
| Syngenta AG |
2,450 | 562,179 | |||
| Zurich Financial Services AG |
7,735 | 1,837,496 | |||
| Total Switzerland | 22,758,439 | ||||
| United Kingdom – 26.7% | |||||
| Admiral Group PLC |
42,818 | 792,325 | |||
| Antofagasta PLC |
89,926 | 1,092,337 | |||
| Associated British Foods PLC |
60,891 | 824,860 | |||
| AstraZeneca PLC |
69,092 | 3,098,484 | |||
| Aviva PLC |
182,086 | 1,304,953 | |||
| BAE Systems PLC |
206,508 | 1,153,333 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 29 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Europe Total Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| BG Group PLC |
36,995 | $ | 643,156 | ||
| BHP Billiton PLC |
76,312 | 2,084,607 | |||
| BP PLC |
1,172,328 | 10,368,544 | |||
| British American Tobacco PLC |
76,013 | 2,386,446 | |||
| British Land Co. PLC |
74,603 | 566,991 | |||
| British Sky Broadcasting Group PLC |
78,137 | 714,194 | |||
| BT Group PLC |
1,212,005 | 2,519,946 | |||
| Cable & Wireless PLC |
357,176 | 819,743 | |||
| Cadbury PLC |
92,607 | 1,189,331 | |||
| Centrica PLC |
258,745 | 1,041,181 | |||
| Compass Group PLC |
149,821 | 916,053 | |||
| Diageo PLC |
101,567 | 1,559,435 | |||
| Drax Group PLC |
103,406 | 779,778 | |||
| Eurasian Natural Resources Corp. |
65,759 | 921,830 | |||
| GlaxoSmithKline PLC |
236,224 | 4,645,111 | |||
| HSBC Holdings PLC |
722,008 | 8,267,964 | |||
| Imperial Tobacco Group PLC |
42,587 | 1,231,456 | |||
| International Power PLC |
160,699 | 742,770 | |||
| J. Sainsbury PLC |
148,372 | 771,221 | |||
| Land Securities Group PLC |
74,839 | 748,086 | |||
| Legal & General Group PLC |
529,558 | 743,621 | |||
| Man Group PLC |
219,010 | 1,160,106 | |||
| Marks & Spencer Group PLC |
176,514 | 1,022,236 | |||
| National Grid PLC |
152,505 | 1,473,210 | |||
| Pearson PLC |
68,479 | 844,414 | |||
| Prudential PLC |
124,088 | 1,193,738 | |||
| Reckitt Benckiser Group PLC |
18,228 | 891,497 | |||
| Reed Elsevier PLC |
79,968 | 598,941 | |||
| Rio Tinto PLC |
37,099 | 1,583,335 | |||
| Royal Dutch Shell PLC Class A |
179,237 | 5,112,629 | |||
| Royal Dutch Shell PLC Class B |
162,388 | 4,508,657 | |||
| RSA Insurance Group PLC |
357,863 | 765,802 | |||
| SABMiller PLC |
47,716 | 1,151,587 | |||
| Scottish & Southern Energy PLC |
51,240 | 961,282 | |||
| Segro PLC |
161,811 | 951,062 | |||
| Severn Trent PLC |
37,992 | 589,700 | |||
| Standard Chartered PLC |
81,320 | 2,005,512 | |||
| Standard Life PLC |
220,066 | 770,798 | |||
| Tesco PLC |
218,990 | 1,399,566 | |||
| Unilever PLC |
57,982 | 1,648,802 | |||
| United Utilities Group PLC |
115,277 | 841,826 | |||
| Vodafone Group PLC |
2,921,455 | 6,550,746 | |||
| Wm Morrison Supermarkets PLC |
170,201 | 754,841 | |||
| Total United Kingdom | 88,708,043 | ||||
| TOTAL COMMON STOCKS (Cost: $281,694,452) |
331,421,629 | ||||
| RIGHTS – 0.0% | |||||
| France – 0.0% | |||||
| BNP Paribas, expiring 10/13/09* (Cost: $0) |
17,536 | 37,936 | |||
| Investments | Shares | U.S. $ Value | ||||
| WARRANTS – 0.0% | ||||||
| Italy – 0.0% | ||||||
| Mediobanca SpA, expiring 3/18/11 (Cost: $3,447) |
93,293 | $ | 6,623 | |||
| TOTAL LONG-TERM INVESTMENTS (Cost: $281,697,899) |
331,466,188 | |||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.6% | ||||||
| MONEY MARKET FUND – 0.6% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $2,027,018)(d) |
2,027,018 | 2,027,018 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 100.5% (Cost: $283,724,917)(e) |
333,493,206 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (0.5)% |
(1,715,216 | ) | ||||
| NET ASSETS – 100.0% | $ | 331,777,990 | ||||
RSP – Risparmio Italian Savings Shares
| * | Non-income producing security. |
| † | Security is being fair valued by a valuation committee under the direction of the Board of Trustees. |
| (a) | Escrow Security-additional shares issued as result of a corporate action. |
| (b) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $1,939,225 and the total market value of the collateral held by the Fund was $2,027,018. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 30 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Global Equity Income Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 5.4% | |||||
| Canada – 5.4% | |||||
| Bank of Montreal |
1,950 | $ | 98,417 | ||
| Bank of Nova Scotia |
3,373 | 153,581 | |||
| BCE, Inc. |
22,330 | 549,044 | |||
| Canadian Oil Sands Trust |
4,563 | 130,730 | |||
| Enerplus Resources Fund |
4,390 | 100,210 | |||
| Husky Energy, Inc. |
4,006 | 112,495 | |||
| Penn West Energy Trust |
10,354 | 163,804 | |||
| Power Financial Corp. |
1,908 | 54,842 | |||
| Royal Bank of Canada |
4,099 | 219,787 | |||
| Toronto-Dominion Bank (The) |
3,287 | 212,079 | |||
| Transcanada Corp. | 8,740 | 271,736 | |||
| TOTAL COMMON STOCKS (Cost: $1,848,286) |
2,066,725 | ||||
| EXCHANGE-TRADED FUNDS – 94.4% | |||||
| United States – 94.4% | |||||
| WisdomTree DEFA Equity Income Fund(a) |
512,976 | 21,806,045 | |||
| WisdomTree Emerging Markets Equity Income Fund(a) |
97,787 | 4,586,875 | |||
| WisdomTree Equity Income Fund(a) | 285,147 | 9,586,557 | |||
| TOTAL EXCHANGE-TRADED FUNDS (Cost: $31,053,877) |
35,979,477 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 99.8% (Cost: $32,902,163)(b) |
38,046,202 | ||||
| Foreign Currency and Other Assets in Excess of Liabilities – 0.2% |
82,729 | ||||
| NET ASSETS – 100.0% | $ | 38,128,931 | |||
| (a) | Affiliated Companies (See Note 7). |
| (b) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 31 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Europe SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.6% | |||||
| Austria – 2.2% | |||||
| Flughafen Wien AG |
5,341 | $ | 277,146 | ||
| Palfinger AG |
3,846 | 99,448 | |||
| Schoeller-Bleckmann Oilfield Equipment AG |
1,482 | 70,988 | |||
| Semperit AG Holding |
3,286 | 124,161 | |||
| Total Austria | 571,743 | ||||
| Belgium – 5.2% | |||||
| Arseus N.V. |
5,354 | 60,260 | |||
| Compagnie d’Entreprises CFE |
1,633 | 90,585 | |||
| Euronav N.V.(a) |
26,840 | 577,103 | |||
| EVS Broadcast Equipment S.A. |
2,837 | 212,028 | |||
| Melexis N.V. |
13,549 | 137,642 | |||
| Omega Pharma S.A. |
2,258 | 99,510 | |||
| Tessenderlo Chemie N.V. |
4,424 | 170,329 | |||
| Total Belgium | 1,347,457 | ||||
| Denmark – 1.3% | |||||
| A/S Dampskibsselskabet Torm |
16,598 | 166,203 | |||
| Auriga Industries Class B |
4,978 | 91,386 | |||
| Rockwool International A/S Class B |
848 | 75,923 | |||
| Total Denmark | 333,512 | ||||
| Finland – 5.9% | |||||
| Alma Media Corp. |
12,053 | 128,258 | |||
| Amer Sports Oyj Class A(a) |
6,125 | 53,001 | |||
| Citycon Oyj |
49,318 | 209,055 | |||
| F-Secure Oyj |
22,004 | 93,595 | |||
| Lassila & Tikanoja Oyj |
6,094 | 146,085 | |||
| Poyry Oyj |
11,702 | 211,929 | |||
| Stockmann Oyj Abp Class B |
4,247 | 111,803 | |||
| Tieto Oyj |
11,448 | 227,576 | |||
| Uponor Oyj |
19,663 | 326,790 | |||
| Total Finland | 1,508,092 | ||||
| France – 3.8% | |||||
| Canal Plus |
17,481 | 142,478 | |||
| Derichebourg S.A.(a) |
22,936 | 127,632 | |||
| GFI Informatique |
17,639 | 97,717 | |||
| Groupe Steria SCA |
3,666 | 130,214 | |||
| Ingenico |
3,080 | 85,539 | |||
| IPSOS |
1,854 | 57,465 | |||
| Rubis |
1,156 | 105,439 | |||
| Saft Groupe S.A. |
1,467 | 81,484 | |||
| Sechilienne-Sidec |
3,302 | 140,452 | |||
| Total France | 968,420 | ||||
| Germany – 6.6% | |||||
| Alstria Office REIT-AG |
14,849 | 171,034 | |||
| Bauer AG |
1,661 | 69,680 | |||
| Baywa AG |
1,799 | 65,819 | |||
| Bechtle AG |
3,871 | 97,774 | |||
| CTS Eventim AG |
1,578 | 71,411 | |||
| Demag Cranes AG |
5,246 | 188,175 | |||
| Gerresheimer AG |
2,906 | 91,326 | |||
| Investments | Shares | U.S. $ Value | |||
| Gerry Weber International AG |
2,395 | $ | 79,362 | ||
| Gildemeister AG |
7,702 | 107,289 | |||
| H&R WASAG AG |
4,138 | 91,514 | |||
| Indus Holding AG |
6,247 | 106,196 | |||
| Kontron AG |
5,862 | 71,804 | |||
| Pfeiffer Vacuum Technology AG |
1,725 | 141,452 | |||
| Sixt AG |
3,490 | 105,394 | |||
| Takkt AG |
13,829 | 174,041 | |||
| Wacker Neuson SE |
6,567 | 80,056 | |||
| Total Germany | 1,712,327 | ||||
| Ireland – 2.3% | |||||
| C&C Group PLC |
42,017 | 176,879 | |||
| FBD Holdings PLC |
6,126 | 68,053 | |||
| FBD Holdings PLC Redemption Shares*† |
2,660 | — | |||
| Glanbia PLC |
22,769 | 96,516 | |||
| Greencore Group PLC |
60,126 | 140,179 | |||
| United Drug PLC |
31,595 | 106,681 | |||
| Total Ireland | 588,308 | ||||
| Italy – 10.7% | |||||
| Actelios SpA |
11,044 | 60,940 | |||
| Ascopiave SpA |
33,586 | 80,561 | |||
| Astaldi SpA |
8,265 | 71,942 | |||
| Autostrada Torino-Milano SpA |
9,641 | 123,800 | |||
| Banca Intermobiliare SpA* |
35,108 | 160,495 | |||
| Banca Profilo SpA* |
49,300 | 79,917 | |||
| Banco di Desio e della Brianza SpA |
9,493 | 63,274 | |||
| Biesse SpA* |
8,826 | 73,536 | |||
| Brembo SpA |
11,103 | 92,020 | |||
| Buzzi Unicem SpA RSP |
9,618 | 103,261 | |||
| Cairo Communication SpA |
28,691 | 99,916 | |||
| Cementir Holding SpA |
17,034 | 89,012 | |||
| Credito Artigiano SpA |
67,646 | 192,417 | |||
| Danieli & Co. SpA |
3,118 | 79,393 | |||
| Danieli & Co. Spa RSP |
5,778 | 77,320 | |||
| De’Longhi SpA |
17,767 | 64,990 | |||
| Enia SpA |
11,589 | 90,796 | |||
| Fiat SpA RSP |
16,240 | 124,387 | |||
| Fondiaria-Sai SpA RSP |
13,271 | 179,337 | |||
| Immobiliare Grande Distribuzione |
34,188 | 67,263 | |||
| Industria Macchine Automatiche SpA |
6,203 | 113,337 | |||
| Italcementi SpA RSP |
16,616 | 140,139 | |||
| KME Group SpA |
70,261 | 50,734 | |||
| Maire Tecnimont SpA |
43,593 | 211,550 | |||
| MARR SpA |
16,151 | 145,661 | |||
| Piaggio & C. SpA |
49,054 | 106,550 | |||
| Total Italy | 2,742,548 | ||||
| Netherlands – 5.4% | |||||
| Aalberts Industries N.V. |
13,358 | 179,438 | |||
| Arcadis N.V. |
6,681 | 122,412 | |||
| BinckBank N.V. |
11,587 | 204,934 | |||
| CSM |
7,723 | 194,730 | |||
| Exact Holding N.V. |
6,217 | 162,937 | |||
See Notes to Financial Statements.
| 32 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Europe SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Grontmij CVA |
3,303 | $ | 89,318 | ||
| Kardan N.V.*(a) |
18,365 | 117,336 | |||
| Mediq N.V. |
5,193 | 85,812 | |||
| Ten Cate N.V. |
1,991 | 43,770 | |||
| TKH Group N.V. |
7,221 | 120,326 | |||
| Wavin N.V. |
32,022 | 69,508 | |||
| Total Netherlands | 1,390,521 | ||||
| Norway – 1.9% | |||||
| Atea ASA |
16,344 | 102,814 | |||
| Sparebank 1 SMN |
16,327 | 136,473 | |||
| Veidekke ASA |
32,326 | 240,678 | |||
| Total Norway | 479,965 | ||||
| Portugal – 1.0% | |||||
| BANIF SGPS S.A.(a) |
68,459 | 137,091 | |||
| Mota Engil, SGPS, S.A. |
20,837 | 115,738 | |||
| Total Portugal | 252,829 | ||||
| Spain – 3.9% | |||||
| Banco Guipuzcoano S.A. |
16,214 | 132,720 | |||
| Campofrio Food S.A. |
5,823 | 60,772 | |||
| Duro Felguera S.A. |
11,476 | 122,286 | |||
| Grupo Empresarial Ence S.A.* |
28,109 | 126,959 | |||
| La Seda de Barcelona S.A. Class B(a) † |
17,637 | — | |||
| NH Hoteles S.A.*(a) |
35,883 | 237,337 | |||
| Tubacex S.A. |
22,550 | 111,244 | |||
| Tubos Reunidos S.A. |
34,613 | 123,449 | |||
| Viscofan S.A. |
3,278 | 79,634 | |||
| Total Spain | 994,401 | ||||
| Sweden – 11.1% | |||||
| AarhusKarlshamn AB |
5,239 | 100,392 | |||
| Avanza Bank Holding AB |
6,539 | 134,654 | |||
| B&B Tools AB Class B |
7,281 | 81,735 | |||
| Cardo AB |
5,207 | 126,957 | |||
| Clas Ohlson AB Class B |
9,387 | 167,125 | |||
| Fabege AB |
37,304 | 218,718 | |||
| HQ AB |
6,013 | 118,663 | |||
| Indutrade AB |
6,484 | 125,872 | |||
| Intrum Justitia AB |
12,754 | 142,261 | |||
| KappAhl Holding AB |
29,505 | 209,278 | |||
| Klovern AB |
35,002 | 111,620 | |||
| Kungsleden AB |
19,134 | 126,687 | |||
| Lindab International AB |
10,065 | 124,142 | |||
| Loomis AB Class B |
8,452 | 82,794 | |||
| Mekonomen AB |
5,969 | 109,259 | |||
| NCC AB Class B |
11,471 | 174,292 | |||
| Saab AB Class B |
9,431 | 112,613 | |||
| SKF AB Class A |
4,228 | 66,206 | |||
| SkiStar AB |
5,443 | 98,074 | |||
| SSAB AB Class B |
10,690 | 150,577 | |||
| Wallenstam AB Class B |
8,187 | 129,663 | |||
| Wihlborgs Fastigheter AB |
8,259 | 152,653 | |||
| Total Sweden | 2,864,235 | ||||
| Investments | Shares | U.S. $ Value | |||
| Switzerland – 0.3% | |||||
| Mobilezone Holding AG |
9,155 | $ | 69,347 | ||
| United Kingdom – 38.0% | |||||
| Ashtead Group PLC |
78,806 | 108,393 | |||
| Atkins WS PLC |
13,358 | 134,167 | |||
| BBA Aviation PLC |
71,457 | 180,913 | |||
| BlueBay Asset Management PLC |
20,535 | 96,886 | |||
| Bodycote PLC |
47,449 | 126,353 | |||
| Brewin Dolphin Holdings PLC |
54,158 | 141,187 | |||
| Brit Insurance Holdings PLC |
73,158 | 238,574 | |||
| Britvic PLC |
29,252 | 164,914 | |||
| Carpetright PLC |
10,791 | 138,155 | |||
| Chaucer Holdings PLC |
213,213 | 164,534 | |||
| Chesnara PLC |
37,155 | 100,426 | |||
| Chloride Group PLC |
22,725 | 66,185 | |||
| Cineworld Group PLC |
31,946 | 82,643 | |||
| Computacenter PLC |
21,025 | 107,671 | |||
| Cranswick PLC |
6,563 | 70,852 | |||
| Dairy Crest Group PLC |
27,286 | 167,359 | |||
| Davis Service Group PLC |
32,564 | 208,898 | |||
| Delta PLC |
31,249 | 89,711 | |||
| Domino Printing Sciences |
21,135 | 98,398 | |||
| Domino’s Pizza UK & IRL PLC |
17,806 | 83,156 | |||
| DS Smith PLC |
156,457 | 268,496 | |||
| Dunelm Group PLC |
20,229 | 100,651 | |||
| Electrocomponents PLC |
133,899 | 328,936 | |||
| Elementis PLC |
169,861 | 152,813 | |||
| Euromoney Institutional Investor PLC |
28,165 | 168,156 | |||
| F&C Asset Management PLC |
132,390 | 164,097 | |||
| Fenner PLC |
42,831 | 101,211 | |||
| Filtrona PLC |
43,880 | 118,463 | |||
| Forth Ports PLC |
3,600 | 69,552 | |||
| Game Group PLC |
35,412 | 90,448 | |||
| Go-Ahead Group PLC |
7,208 | 163,469 | |||
| Great Portland Estates PLC |
24,286 | 102,814 | |||
| Greggs PLC |
13,516 | 86,510 | |||
| Halma PLC |
47,976 | 166,505 | |||
| Headlam Group PLC |
22,294 | 109,820 | |||
| HMV Group PLC |
75,577 | 126,797 | |||
| Hunting PLC |
9,382 | 80,877 | |||
| Intermediate Capital Group PLC |
63,630 | 304,180 | |||
| Interserve PLC |
34,428 | 126,643 | |||
| ITE Group PLC |
48,093 | 94,032 | |||
| Kcom Group PLC |
141,483 | 83,724 | |||
| Keller Group PLC |
7,171 | 83,379 | |||
| Kier Group PLC |
6,145 | 116,265 | |||
| Laird PLC |
40,762 | 135,764 | |||
| Marshalls PLC |
69,553 | 138,771 | |||
| Marston’s PLC |
115,291 | 179,504 | |||
| Melrose PLC |
98,683 | 291,983 | |||
| Moneysupermarket.com Group PLC |
93,938 | 121,093 | |||
| Morgan Crucible Co. |
59,140 | 162,593 | |||
| Morgan Sindall PLC |
8,225 | 87,413 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 33 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Europe SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Mothercare PLC |
9,331 | $ | 84,094 | ||
| National Express Group PLC |
32,977 | 252,106 | |||
| Northern Foods PLC |
113,165 | 127,508 | |||
| PayPoint PLC |
8,692 | 62,557 | |||
| Premier Farnell PLC |
77,986 | 185,219 | |||
| PV Crystalox Solar PLC |
72,840 | 86,324 | |||
| Renishaw PLC |
15,157 | 134,055 | |||
| Restaurant Group PLC |
31,585 | 97,495 | |||
| Rightmove PLC |
10,984 | 97,498 | |||
| Robert Wiseman Dairies PLC |
12,450 | 83,749 | |||
| Savills PLC |
15,480 | 82,345 | |||
| Schroders PLC Non-Voting Shares |
9,258 | 134,446 | |||
| Senior PLC |
101,469 | 100,211 | |||
| Severfield-Rowen PLC |
30,010 | 85,674 | |||
| Shaftesbury PLC |
15,948 | 91,134 | |||
| Smiths News PLC |
43,952 | 84,002 | |||
| Spectris PLC |
15,723 | 177,661 | |||
| Speedy Hire PLC |
97,836 | 67,675 | |||
| Spirax-Sarco Engineering PLC |
8,362 | 139,756 | |||
| Sthree PLC |
28,724 | 118,984 | |||
| Telecom Plus PLC |
10,713 | 54,314 | |||
| Tullett Prebon PLC |
28,400 | 177,507 | |||
| Victrex PLC |
8,218 | 100,350 | |||
| Wellstream Holdings PLC |
7,682 | 74,946 | |||
| Wincanton PLC |
26,503 | 100,247 | |||
| WSP Group PLC |
14,501 | 83,492 | |||
| Total United Kingdom | 9,777,683 | ||||
| TOTAL COMMON STOCKS (Cost: $26,162,559) |
25,601,388 | ||||
| RIGHTS – 0.1% | |||||
| Finland – 0.1% | |||||
| Amer Sports Oyj, expriing 10/19/09*(a) (Cost: $21,838) |
6,125 | 15,638 | |||
| TOTAL LONG-TERM INVESTMENTS (Cost: $26,184,397) |
25,617,026 | ||||
| Investments | Shares | U.S. $ Value | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.6% | ||||||
| MONEY MARKET FUND – 3.6% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(b) (Cost: $941,008)(c) |
941,008 | $ | 941,008 | |||
| TOTAL INVESTMENTS IN SECURITIES – 103.3% (Cost: $27,125,405)(d) | 26,558,034 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (3.3)% |
(844,084 | ) | ||||
| NET ASSETS – 100.0% | $ | 25,713,950 | ||||
RSP – Risparmio Italian Savings Shares
| * | Non-income producing security. |
| † | Security is being fair valued by a valuation committee under the direction of the Board of Trustees. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Interest rate shown reflects yield as of September 30, 2009. |
| (c) | At September 30, 2009, the total market value of the Fund’s securities on loan was $910,499 and the total market value of the collateral held by the Fund was $941,008. |
| (d) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 34 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Japan Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.2% | |||||
| Advertising – 0.3% | |||||
| Dentsu, Inc. |
11,800 | $ | 275,446 | ||
| Hakuhodo DY Holdings, Inc. |
330 | 18,023 | |||
| Total Advertising | 293,469 | ||||
| Agriculture – 0.8% | |||||
| Japan Tobacco, Inc. |
213 | 732,719 | |||
| Apparel – 0.3% | |||||
| Daidoh Ltd. |
1,100 | 8,281 | |||
| Onward Holdings Co., Ltd. |
28,160 | 210,095 | |||
| Total Apparel | 218,376 | ||||
| Auto Manufacturers – 6.8% | |||||
| Honda Motor Co., Ltd. |
75,300 | 2,325,398 | |||
| Suzuki Motor Corp. |
11,300 | 264,405 | |||
| Toyota Motor Corp. |
84,700 | 3,377,216 | |||
| Total Auto Manufacturers | 5,967,019 | ||||
| Auto Parts & Equipment – 2.9% | |||||
| Aisin Seiki Co., Ltd. |
12,800 | 313,084 | |||
| Bridgestone Corp. |
29,900 | 537,990 | |||
| DENSO Corp. |
18,100 | 533,691 | |||
| JTEKT Corp. |
1,100 | 12,851 | |||
| NOK Corp. |
1,100 | 16,438 | |||
| Showa Corp. |
1,100 | 6,745 | |||
| Stanley Electric Co., Ltd. |
15,700 | 319,138 | |||
| Sumitomo Electric Industries Ltd. |
26,000 | 340,917 | |||
| Sumitomo Rubber Industries, Inc. |
38,000 | 359,479 | |||
| Tokai Rika Co., Ltd. |
1,100 | 19,792 | |||
| Toyoda Gosei Co., Ltd. |
1,100 | 32,250 | |||
| Toyota Boshoku Corp. |
1,100 | 21,758 | |||
| Total Auto Parts & Equipment | 2,514,133 | ||||
| Banks – 7.6% | |||||
| Bank of Yokohama Ltd. (The) |
35,000 | 172,000 | |||
| Chiba Bank Ltd. (The) |
44,000 | 273,234 | |||
| Chuo Mitsui Trust Holdings, Inc. |
86,000 | 319,853 | |||
| Fukuoka Financial Group, Inc. |
68,000 | 283,286 | |||
| Hiroshima Bank Ltd. (The) |
72,000 | 298,341 | |||
| Hokuhoku Financial Group, Inc. |
119,000 | 279,109 | |||
| Joyo Bank Ltd. (The) |
58,000 | 285,676 | |||
| Mitsubishi UFJ Financial Group, Inc. |
342,820 | 1,845,527 | |||
| Mizuho Financial Group, Inc. |
632,671 | 1,257,781 | |||
| Resona Holdings, Inc. |
15,851 | 204,478 | |||
| Shizuoka Bank Ltd. (The) |
29,000 | 307,053 | |||
| Sumitomo Mitsui Financial Group, Inc. |
21,143 | 739,125 | |||
| Sumitomo Trust & Banking Co., Ltd. (The) |
69,000 | 367,599 | |||
| Total Banks | 6,633,062 | ||||
| Beverages – 1.3% | |||||
| Asahi Breweries Ltd. |
20,100 | 368,618 | |||
| Coca-Cola West Co., Ltd. |
15,900 | 312,015 | |||
| Ito En Ltd. |
1,100 | 20,419 | |||
| Kirin Holdings Co., Ltd. |
29,000 | 445,681 | |||
| Total Beverages | 1,146,733 | ||||
| Investments | Shares | Value | |||
| Building Materials – 2.0% | |||||
| Asahi Glass Co., Ltd. |
58,000 | $ | 469,649 | ||
| Daikin Industries Ltd. |
5,800 | 209,236 | |||
| JS Group Corp. |
21,200 | 372,927 | |||
| Panasonic Electric Works Co., Ltd. |
42,000 | 503,334 | |||
| TOTO Ltd. |
29,000 | 182,029 | |||
| Total Building Materials | 1,737,175 | ||||
| Chemicals – 4.7% | |||||
| Asahi Kasei Corp. |
58,000 | 296,041 | |||
| DIC Corp. |
158,000 | 225,878 | |||
| Hitachi Chemical Co., Ltd. |
15,600 | 319,544 | |||
| JSR Corp. |
15,600 | 320,590 | |||
| Kaneka Corp. |
42,000 | 302,563 | |||
| Mitsubishi Chemical Holdings Corp. |
85,000 | 354,107 | |||
| Mitsubishi Gas Chemical Co., Inc. |
45,000 | 245,267 | |||
| Nitto Denko Corp. |
11,500 | 353,214 | |||
| Shin-Etsu Chemical Co., Ltd. |
11,500 | 708,997 | |||
| Showa Denko K.K. |
157,000 | 320,891 | |||
| Sumitomo Chemical Co., Ltd. |
70,000 | 292,400 | |||
| Taiyo Nippon Sanso Corp. |
28,000 | 334,305 | |||
| Ube Industries Ltd. |
11,000 | 28,994 | |||
| Total Chemicals | 4,102,791 | ||||
| Commercial Services – 1.9% | |||||
| Dai Nippon Printing Co., Ltd. |
36,000 | 496,967 | |||
| Park24 Co., Ltd. |
29,100 | 336,063 | |||
| Secom Co., Ltd. |
8,100 | 408,913 | |||
| Sohgo Security Services Co., Ltd. |
1,100 | 13,084 | |||
| Toppan Printing Co., Ltd. |
42,000 | 398,727 | |||
| Total Commercial Services | 1,653,754 | ||||
| Computers – 1.4% | |||||
| Fujitsu Ltd. |
44,000 | 288,468 | |||
| Itochu Techno-Solutions Corp. |
8,400 | 259,407 | |||
| Otsuka Corp. |
4,200 | 251,902 | |||
| TDK Corp. |
7,200 | 417,356 | |||
| Total Computers | 1,217,133 | ||||
| Cosmetics/Personal Care – 1.3% | |||||
| Kao Corp. |
24,200 | 600,033 | |||
| Shiseido Co., Ltd. |
30,000 | 524,376 | |||
| Total Cosmetics/Personal Care | 1,124,409 | ||||
| Distribution/Wholesale – 5.6% | |||||
| Advan Co., Ltd. |
5,400 | 37,996 | |||
| Canon Marketing Japan, Inc. |
25,500 | 452,555 | |||
| Hitachi High-Technologies Corp. |
11,300 | 236,892 | |||
| Inabata & Co., Ltd. |
19,400 | 80,820 | |||
| ITOCHU Corp. |
83,000 | 551,572 | |||
| Marubeni Corp. |
87,000 | 440,174 | |||
| Mitsubishi Corp. |
62,900 | 1,275,774 | |||
| Mitsui & Co., Ltd. |
56,300 | 738,216 | |||
| Sojitz Corp. |
88,600 | 169,214 | |||
| Sumitomo Corp. |
64,900 | 670,492 | |||
| Toyota Tsusho Corp. |
15,800 | 238,937 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 35 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Yamazen Corp. |
1,800 | $ | 6,674 | ||
| Total Distribution/Wholesale | 4,899,316 | ||||
| Diversified Financial Services – 1.0% | |||||
| ACOM Co., Ltd.(a) |
8,980 | 138,609 | |||
| Aeon Credit Service Co., Ltd. |
8,900 | 89,860 | |||
| Credit Saison Co., Ltd. |
8,800 | 103,789 | |||
| Daiwa Securities Group, Inc. |
13,000 | 67,225 | |||
| Hitachi Capital Corp. |
11,400 | 140,312 | |||
| Kyokuto Securities Co., Ltd. |
5,800 | 39,062 | |||
| Mitsubishi UFJ Lease & Finance Co., Ltd. |
2,940 | 88,986 | |||
| Promise Co., Ltd.*(a) |
10,450 | 57,190 | |||
| Takefuji Corp.(a) |
29,750 | 104,998 | |||
| Total Diversified Financial Services | 830,031 | ||||
| Electric – 5.6% | |||||
| Chubu Electric Power Co., Inc. |
25,300 | 616,005 | |||
| Chugoku Electric Power Co., Inc. (The) |
16,900 | 372,598 | |||
| Electric Power Development Co., Ltd. |
8,800 | 279,623 | |||
| Hokkaido Electric Power Co., Inc. |
17,200 | 358,850 | |||
| Hokuriku Electric Power Co. |
11,400 | 290,937 | |||
| Kansai Electric Power Co., Inc. (The) |
33,700 | 816,764 | |||
| Kyushu Electric Power Co., Inc. |
22,600 | 513,665 | |||
| Shikoku Electric Power Co., Inc. |
8,400 | 257,061 | |||
| Tohoku Electric Power Co., Inc. |
22,800 | 509,298 | |||
| Tokyo Electric Power Co., Inc. (The) |
35,300 | 928,480 | |||
| Total Electric | 4,943,281 | ||||
| Electrical Components & Equipment – 0.7% | |||||
| Brother Industries Ltd. |
21,700 | 260,783 | |||
| Casio Computer Co., Ltd. |
17,500 | 143,268 | |||
| Furukawa Electric Co., Ltd. (The) |
44,000 | 179,371 | |||
| Ushio, Inc. |
1,100 | 19,227 | |||
| Total Electrical Components & Equipment | 602,649 | ||||
| Electronics – 2.9% | |||||
| Advantest Corp. |
8,700 | 241,950 | |||
| Chiyoda Integre Co., Ltd.* |
12,100 | 160,820 | |||
| Hamamatsu Photonics K.K. |
11,400 | 273,748 | |||
| Hirose Electric Co., Ltd. |
1,500 | 169,543 | |||
| HOYA CORP. |
10,000 | 236,779 | |||
| Ibiden Co., Ltd. |
4,400 | 164,137 | |||
| Idec Corp. |
3,200 | 25,411 | |||
| Kyocera Corp. |
4,200 | 390,752 | |||
| Mabuchi Motor Co., Ltd. |
4,500 | 229,687 | |||
| NGK Insulators Ltd. |
2,000 | 46,462 | |||
| Nippon Electric Glass Co., Ltd. |
14,000 | 128,062 | |||
| Shinko Shoji Co., Ltd. |
1,100 | 9,460 | |||
| Yamatake Corp. |
11,400 | 257,195 | |||
| Yokogawa Electric Corp. |
26,100 | 231,747 | |||
| Total Electronics | 2,565,753 | ||||
| Engineering & Construction – 1.3% | |||||
| JGC Corp. |
14,000 | 287,083 | |||
| Kajima Corp. |
85,000 | 218,350 | |||
| Obayashi Corp. |
46,000 | 201,910 | |||
| Investments | Shares | Value | |||
| Shimizu Corp. |
57,000 | $ | 224,728 | ||
| Taisei Corp. |
112,000 | 222,662 | |||
| Total Engineering & Construction | 1,154,733 | ||||
| Entertainment – 0.9% | |||||
| Heiwa Corp. |
20,000 | 221,143 | |||
| Oriental Land Co., Ltd. |
4,300 | 303,524 | |||
| Sankyo Co., Ltd. |
4,400 | 276,182 | |||
| Toho Co., Ltd. |
1,100 | 18,686 | |||
| Total Entertainment | 819,535 | ||||
| Environmental Control – 0.2% | |||||
| Kurita Water Industries Ltd. |
5,800 | 208,589 | |||
| Food – 1.3% | |||||
| Ajinomoto Co., Inc. |
43,000 | 431,753 | |||
| Nisshin Seifun Group, Inc. |
22,500 | 315,631 | |||
| Nissin Foods Holdings Co., Ltd. |
8,800 | 339,085 | |||
| Starzen Co., Ltd. |
31,000 | 82,404 | |||
| Total Food | 1,168,873 | ||||
| Forest Products & Paper – 0.8% | |||||
| Chuetsu Pulp & Paper Co., Ltd. |
12,000 | 29,084 | |||
| Nippon Paper Group, Inc. |
11,600 | 335,556 | |||
| OJI Paper Co., Ltd. |
71,000 | 321,159 | |||
| Total Forest Products & Paper | 685,799 | ||||
| Gas – 1.1% | |||||
| Osaka Gas Co., Ltd. |
86,000 | 302,563 | |||
| Toho Gas Co., Ltd. |
46,000 | 210,644 | |||
| Tokyo Gas Co., Ltd. |
98,000 | 408,265 | |||
| Total Gas | 921,472 | ||||
| Hand/Machine Tools – 0.8% | |||||
| Hitachi Koki Co., Ltd. |
18,000 | 203,250 | |||
| Makita Corp. |
10,000 | 318,311 | |||
| SMC Corp. |
1,500 | 184,956 | |||
| THK Co., Ltd. |
1,100 | 21,598 | |||
| Total Hand/Machine Tools | 728,115 | ||||
| Healthcare-Products – 0.2% | |||||
| Terumo Corp. |
3,900 | 215,178 | |||
| Home Builders – 0.8% | |||||
| Daiwa House Industry Co., Ltd. |
28,000 | 293,963 | |||
| Sekisui Chemical Co., Ltd. |
29,000 | 169,074 | |||
| Sekisui House Ltd. |
28,000 | 253,309 | |||
| Token Corp. |
110 | 3,587 | |||
| Total Home Builders | 719,933 | ||||
| Home Furnishings – 2.5% | |||||
| Panasonic Corp. |
75,300 | 1,112,659 | |||
| Sharp Corp. |
40,000 | 445,859 | |||
| Sony Corp. |
21,600 | 640,509 | |||
| Total Home Furnishings | 2,199,027 | ||||
| Household Products/Wares – 0.0% | |||||
| Kokuyo Co., Ltd. |
1,100 | 10,087 | |||
See Notes to Financial Statements.
| 36 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Insurance – 1.9% | |||||
| Aioi Insurance Co., Ltd. |
45,000 | $ | 230,189 | ||
| Mitsui Sumitomo Insurance Group Holdings, Inc. |
12,894 | 356,427 | |||
| Nipponkoa Insurance Co., Ltd. |
28,000 | 175,753 | |||
| Sompo Japan Insurance, Inc. |
44,000 | 296,822 | |||
| T&D Holdings, Inc. |
7,000 | 189,982 | |||
| Tokio Marine Holdings, Inc. |
12,800 | 371,698 | |||
| Total Insurance | 1,620,871 | ||||
| Internet – 0.4% | |||||
| Matsui Securities Co., Ltd. |
1,100 | 8,993 | |||
| Trend Micro, Inc. |
9,500 | 355,448 | |||
| Total Internet | 364,441 | ||||
| Iron/Steel – 2.3% | |||||
| Hitachi Metals Ltd. |
15,000 | 153,962 | |||
| JFE Holdings, Inc. |
21,200 | 729,279 | |||
| Nippon Steel Corp. |
93,000 | 340,694 | |||
| Nisshin Steel Co., Ltd. |
87,000 | 155,470 | |||
| Sumitomo Metal Industries Ltd. |
257,000 | 634,355 | |||
| Tokyo Steel Manufacturing Co., Ltd. |
1,100 | 13,514 | |||
| Total Iron/Steel | 2,027,274 | ||||
| Leisure Time – 0.5% | |||||
| Daikoku Denki Co., Ltd. |
1,100 | 24,879 | |||
| Sega Sammy Holdings, Inc. |
15,500 | 202,200 | |||
| Yamaha Corp. |
15,900 | 188,594 | |||
| Total Leisure Time | 415,673 | ||||
| Machinery-Construction & Mining – 1.1% | |||||
| Aichi Corp. |
1,100 | 5,590 | |||
| Hitachi Construction Machinery Co., Ltd. |
13,000 | 279,790 | |||
| Komatsu Ltd. |
37,500 | 704,473 | |||
| Total Machinery-Construction & Mining | 989,853 | ||||
| Machinery-Diversified – 1.9% | |||||
| Amada Co., Ltd. |
42,000 | 283,331 | |||
| CKD Corp. |
1,100 | 7,949 | |||
| Fanuc Ltd. |
4,400 | 395,599 | |||
| Japan Steel Works Ltd. (The) |
14,000 | 161,367 | |||
| Kawasaki Heavy Industries Ltd. |
57,000 | 145,150 | |||
| Kubota Corp. |
42,000 | 350,410 | |||
| Mitsubishi Heavy Industries Ltd. |
83,000 | 315,184 | |||
| Total Machinery-Diversified | 1,658,990 | ||||
| Media – 0.4% | |||||
| Nippon Television Network Corp. |
2,170 | 312,649 | |||
| Metal Fabricate/Hardware – 0.5% | |||||
| NSK Ltd. |
44,000 | 273,725 | |||
| NTN Corp. |
46,000 | 191,121 | |||
| Total Metal Fabricate/Hardware | 464,846 | ||||
| Miscellaneous Manufacturing – 0.8% | |||||
| FUJIFILM Holdings Corp. |
8,500 | 255,375 | |||
| Konica Minolta Holdings, Inc. |
21,500 | 204,350 | |||
| Nikon Corp. |
14,000 | 256,749 | |||
| Total Miscellaneous Manufacturing | 716,474 | ||||
| Investments | Shares | Value | |||
| Office/Business Equipment – 3.3% | |||||
| Canon, Inc. |
57,300 | $ | 2,323,103 | ||
| Ricoh Co., Ltd. |
29,000 | 423,656 | |||
| Seiko Epson Corp. |
11,300 | 169,875 | |||
| Total Office/Business Equipment | 2,916,634 | ||||
| Oil & Gas – 1.7% | |||||
| Cosmo Oil Co., Ltd. |
57,000 | 159,156 | |||
| Idemitsu Kosan Co., Ltd. |
1,500 | 124,141 | |||
| Nippon Mining Holdings, Inc. |
43,500 | 214,743 | |||
| Nippon Oil Corp. |
72,000 | 405,294 | |||
| Showa Shell Sekiyu K.K. |
24,100 | 264,054 | |||
| TonenGeneral Sekiyu K.K. |
36,000 | 352,622 | |||
| Total Oil & Gas | 1,520,010 | ||||
| Packaging & Containers – 0.0% | |||||
| Toyo Seikan Kaisha Ltd. |
1,100 | 21,217 | |||
| Pharmaceuticals – 8.3% | |||||
| Astellas Pharma, Inc. |
21,600 | 890,199 | |||
| Chugai Pharmaceutical Co., Ltd. |
16,800 | 348,440 | |||
| Daiichi Sankyo Co., Ltd. |
47,400 | 980,982 | |||
| Dainippon Sumitomo Pharma Co., Ltd. |
38,100 | 416,596 | |||
| Eisai Co., Ltd.(a) |
17,400 | 656,860 | |||
| Hisamitsu Pharmaceutical Co., Inc. |
8,600 | 349,629 | |||
| Kyowa Hakko Kirin Co., Ltd. |
28,000 | 355,571 | |||
| Mediceo Paltac Holdings Co., Ltd. |
19,900 | 280,714 | |||
| Mitsubishi Tanabe Pharma Corp. |
29,000 | 387,703 | |||
| Seikagaku Corp. |
1,100 | 15,971 | |||
| Shionogi & Co., Ltd. |
14,000 | 332,272 | |||
| Suzuken Co., Ltd. |
8,700 | 301,223 | |||
| Takeda Pharmaceutical Co., Ltd. |
47,000 | 1,963,255 | |||
| Total Pharmaceuticals | 7,279,415 | ||||
| Real Estate – 1.5% | |||||
| Daito Trust Construction Co., Ltd. |
5,700 | 249,556 | |||
| Iida Home Max |
3,300 | 57,497 | |||
| Mitsubishi Estate Co., Ltd. |
14,000 | 220,785 | |||
| Mitsui Fudosan Co., Ltd. |
14,000 | 237,516 | |||
| Nomura Real Estate Holdings, Inc. |
8,800 | 143,398 | |||
| Sankei Building Co., Ltd. (The) |
1,100 | 7,433 | |||
| Sumitomo Real Estate Sales Co., Ltd. |
130 | 4,661 | |||
| Sumitomo Realty & Development Co., Ltd. |
2,000 | 36,701 | |||
| Tokyo Tatemono Co., Ltd. |
29,000 | 142,190 | |||
| Tokyu Land Corp. |
41,000 | 164,394 | |||
| Tokyu Livable, Inc. |
1,100 | 9,276 | |||
| Total Real Estate | 1,273,407 | ||||
| Retail – 3.3% | |||||
| Aeon Co., Ltd. |
25,900 | 248,485 | |||
| Belluna Co., Ltd. |
5,800 | 24,616 | |||
| Citizen Holdings Co., Ltd. |
3,300 | 18,613 | |||
| FamilyMart Co., Ltd. |
8,700 | 280,817 | |||
| Fast Retailing Co., Ltd. |
2,900 | 367,945 | |||
| Honeys Co., Ltd. |
5,350 | 38,660 | |||
| Isetan Mitsukoshi Holdings Ltd. |
1,100 | 12,666 | |||
| Izumi Co., Ltd. |
1,100 | 15,345 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 37 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Japan Total Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Lawson, Inc. |
8,800 | $ | 409,851 | ||
| Marui Group Co., Ltd. |
48,300 | 346,869 | |||
| Nitori Co., Ltd. |
550 | 46,993 | |||
| Point, Inc. |
110 | 7,298 | |||
| Seven & I Holdings Co., Ltd. |
25,700 | 617,133 | |||
| UNY Co., Ltd. |
4,000 | 30,022 | |||
| USS Co., Ltd. |
6,350 | 379,433 | |||
| Yamada Denki Co., Ltd. |
330 | 22,409 | |||
| Total Retail | 2,867,155 | ||||
| Semiconductors – 0.1% | |||||
| Shinko Electric Industries Co., Ltd. |
1,100 | 19,645 | |||
| Tokyo Electron Ltd. |
1,400 | 89,596 | |||
| Total Semiconductors | 109,241 | ||||
| Shipbuilding – 0.0% | |||||
| Mitsui Engineering & Shipbuilding Co., Ltd. |
11,000 | 28,626 | |||
| Software – 1.1% | |||||
| Konami Corp. |
11,300 | 230,960 | |||
| Nomura Research Institute Ltd. |
12,300 | 293,299 | |||
| Oracle Corp. |
10,000 | 446,753 | |||
| Square Enix Holdings Co., Ltd. |
1,100 | 29,854 | |||
| Total Software | 1,000,866 | ||||
| Telecommunications – 8.5% | |||||
| KDDI Corp. |
158 | 892,924 | |||
| Nippon Telegraph & Telephone Corp. |
66,894 | 3,108,048 | |||
| NTT DoCoMo, Inc. |
2,157 | 3,454,669 | |||
| Softbank Corp. |
1,100 | 24,240 | |||
| Total Telecommunications | 7,479,881 | ||||
| Textiles – 0.8% | |||||
| Kuraray Co., Ltd. |
22,500 | 246,272 | |||
| Teijin Ltd. |
71,000 | 222,036 | |||
| Toray Industries, Inc. |
43,000 | 261,261 | |||
| Total Textiles | 729,569 | ||||
| Toys/Games/Hobbies – 0.2% | |||||
| Namco Bandai Holdings, Inc. |
16,100 | 165,253 | |||
| Transportation – 3.6% | |||||
| East Japan Railway Co. |
5,500 | 396,828 | |||
| Hankyu Hanshin Holdings, Inc. |
45,000 | 216,117 | |||
| Kintetsu Corp. |
58,000 | 224,784 | |||
| Mitsui O.S.K. Lines Ltd. |
87,000 | 516,938 | |||
| Nippon Express Co., Ltd. |
72,000 | 293,516 | |||
| Nippon Yusen K.K. |
85,000 | 329,424 | |||
| Odakyu Electric Railway Co., Ltd. |
29,000 | 262,355 | |||
| Tobu Railway Co., Ltd. |
44,000 | 269,303 | |||
| Tokyu Corp. |
44,000 | 211,314 | |||
| Yamato Holdings Co., Ltd. |
27,000 | 444,798 | |||
| Total Transportation | 3,165,377 | ||||
| TOTAL COMMON STOCKS (Cost: $88,455,371) |
87,140,866 | ||||
| Investments | Shares | Value | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.0% | ||||||
| MONEY MARKET FUND – 1.0% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(b) (Cost: $867,008)(c) |
867,008 | $ | 867,008 | |||
| TOTAL INVESTMENTS IN SECURITIES – 100.2% (Cost: $89,322,379)(d) | 88,007,874 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (0.2)% |
(204,550 | ) | ||||
| NET ASSETS – 100.0% | $ | 87,803,324 | ||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Interest rate shown reflects yield as of September 30, 2009. |
| (c) | At September 30, 2009, the total market value of the Fund’s securities on loan was $795,959 and the total market value of the collateral held by the Fund was $867,008. |
| (d) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 38 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree World ex-U.S. Growth Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.7% | |||||
| Australia – 8.6% | |||||
| ASX Ltd. |
1,799 | $ | 55,887 | ||
| BHP Billiton Ltd. |
21,004 | 699,404 | |||
| Coca-Cola Amatil Ltd. |
8,003 | 69,288 | |||
| CSL Ltd. |
2,330 | 68,805 | |||
| Incitec Pivot Ltd. |
25,603 | 63,946 | |||
| Lion Nathan Ltd. |
4,771 | 48,212 | |||
| Metcash Ltd. |
10,738 | 42,646 | |||
| Orica Ltd. |
3,972 | 82,379 | |||
| Origin Energy Ltd. |
5,242 | 75,502 | |||
| Santos Ltd. |
3,115 | 41,787 | |||
| Sims Metal Management Ltd. |
1,741 | 35,079 | |||
| Sonic Healthcare Ltd. |
3,864 | 48,459 | |||
| Woolworths Ltd. |
8,231 | 212,480 | |||
| Total Australia | 1,543,874 | ||||
| Belgium – 0.8% | |||||
| Colruyt S.A. |
373 | 87,561 | |||
| Delhaize Group |
718 | 49,788 | |||
| Total Belgium | 137,349 | ||||
| Brazil – 7.3% | |||||
| Centrais Eletricas Brasileiras S.A. |
10,500 | 162,368 | |||
| Cia de Bebidas das Americas |
1,962 | 137,679 | |||
| Light S.A. |
8,939 | 123,980 | |||
| Natura Cosmeticos S.A. |
4,300 | 76,872 | |||
| Petroleo Brasileiro S.A. |
24,200 | 553,112 | |||
| Redecard S.A. |
6,717 | 103,266 | |||
| Souza Cruz S.A. |
4,500 | 159,228 | |||
| Total Brazil | 1,316,505 | ||||
| Canada – 5.9% | |||||
| Brookfield Properties Corp. |
6,220 | 70,354 | |||
| Canadian Natural Resources Ltd. |
1,149 | 77,399 | |||
| Enbridge, Inc. |
3,214 | 124,482 | |||
| EnCana Corp. |
5,283 | 305,177 | |||
| George Weston Ltd. |
812 | 42,170 | |||
| Goldcorp, Inc. |
1,201 | 48,094 | |||
| Loblaw Cos. Ltd. |
1,737 | 51,141 | |||
| RioCan Real Estate Investment Trust |
4,517 | 75,753 | |||
| Talisman Energy, Inc. |
3,180 | 55,197 | |||
| Thomson Reuters Corp. |
6,281 | 210,088 | |||
| Total Canada | 1,059,855 | ||||
| China – 0.7% | |||||
| China Citic Bank Class H |
124,000 | 81,759 | |||
| Guangzhou R&F Properties Co., Ltd. Class H |
26,800 | 47,098 | |||
| Total China | 128,857 | ||||
| Denmark – 0.3% | |||||
| H. Lundbeck A/S |
2,433 | 50,397 | |||
| Finland – 0.4% | |||||
| Kone Oyj Class B |
1,930 | 70,865 | |||
| France – 0.4% | |||||
| Bureau Veritas S.A. |
1,428 | 80,486 | |||
| Investments | Shares | U.S. $ Value | |||
| Germany – 0.5% | |||||
| Volkswagen AG |
501 | $ | 82,261 | ||
| Hong Kong – 5.3% | |||||
| China Overseas Land & Investment Ltd. |
24,000 | 51,902 | |||
| CNOOC Ltd. |
391,300 | 526,106 | |||
| Hang Lung Group Ltd. |
7,000 | 35,045 | |||
| Hang Lung Properties Ltd. |
24,000 | 88,412 | |||
| Henderson Land Development Co., Ltd. |
11,000 | 72,387 | |||
| MTR Corp. |
26,500 | 91,980 | |||
| Shanghai Industrial Holdings Ltd. |
11,000 | 49,606 | |||
| Sinotrans Shipping Ltd. |
92,500 | 37,239 | |||
| Total Hong Kong | 952,677 | ||||
| Indonesia – 2.6% | |||||
| Astra International Tbk PT |
33,000 | 113,870 | |||
| Bank Central Asia Tbk PT |
200,000 | 95,706 | |||
| Bank Mandiri Tbk PT |
134,000 | 65,163 | |||
| Bank Rakyat Indonesia |
93,500 | 72,556 | |||
| Indo Tambangraya Megah PT |
21,900 | 54,948 | |||
| Unilever Indonesia Tbk PT |
68,000 | 75,282 | |||
| Total Indonesia | 477,525 | ||||
| Israel – 1.9% | |||||
| Bezeq Israeli Telecommunication Corp., Ltd. |
44,420 | 95,274 | |||
| Israel Chemicals Ltd. |
22,118 | 252,426 | |||
| Total Israel | 347,700 | ||||
| Japan – 1.7% | |||||
| Chugai Pharmaceutical Co., Ltd. |
2,900 | 60,148 | |||
| Fast Retailing Co., Ltd. |
500 | 63,439 | |||
| Kyowa Hakko Kirin Co., Ltd. |
5,000 | 63,495 | |||
| Mitsubishi Tanabe Pharma Corp. |
5,000 | 66,845 | |||
| TonenGeneral Sekiyu K.K. |
6,000 | 58,770 | |||
| Total Japan | 312,697 | ||||
| Malaysia – 2.2% | |||||
| British American Tobacco Malaysia Bhd |
3,500 | 44,536 | |||
| Digi.Com Bhd |
2,700 | 16,710 | |||
| Petronas Dagangan Bhd |
12,900 | 32,054 | |||
| Petronas Gas Bhd |
33,100 | 93,055 | |||
| Plus Expressways Bhd |
57,500 | 55,324 | |||
| Telekom Malaysia Bhd |
57,000 | 50,561 | |||
| Tenaga Nasional Bhd |
42,000 | 99,387 | |||
| Total Malaysia | 391,627 | ||||
| Mexico – 1.2% | |||||
| Grupo Financiero Inbursa S.A. Class O |
22,000 | 62,228 | |||
| Kimberly-Clark de Mexico S.A.B de C.V. Class A |
13,300 | 55,159 | |||
| Telefonos de Mexico S.A.B de CV |
115,700 | 101,006 | |||
| Total Mexico | 218,393 | ||||
| Netherlands – 0.7% | |||||
| Koninklijke Ahold N.V. |
10,324 | 124,045 | |||
| Norway – 0.6% | |||||
| Fred Olsen Energy ASA |
2,850 | 105,801 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 39 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree World ex-U.S. Growth Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Philippines – 0.6% | |||||
| SM Investments Corp. |
14,530 | $ | 99,667 | ||
| Singapore – 1.1% | |||||
| Jardine Cycle & Carriage Ltd. |
5,000 | 86,228 | |||
| Wilmar International Ltd.(a) |
26,000 | 116,618 | |||
| Total Singapore | 202,846 | ||||
| South Africa – 6.7% | |||||
| ABSA Group Ltd. |
7,781 | 123,223 | |||
| African Bank Investments Ltd. |
15,233 | 59,304 | |||
| Bidvest Group Ltd. |
3,299 | 51,613 | |||
| Gold Fields Ltd. |
3,760 | 50,365 | |||
| Growthpoint Properties Ltd. |
25,195 | 44,887 | |||
| Kumba Iron Ore Ltd. |
8,184 | 267,850 | |||
| MTN Group Ltd. |
6,334 | 102,105 | |||
| Nedbank Group Ltd. |
6,452 | 101,750 | |||
| Remgro Ltd. |
6,451 | 75,428 | |||
| RMB Holdings Ltd. |
16,790 | 60,535 | |||
| Shoprite Holdings Ltd. |
5,571 | 45,583 | |||
| Standard Bank Group Ltd. |
13,328 | 170,876 | |||
| Tiger Brands Ltd. |
2,565 | 50,944 | |||
| Total South Africa | 1,204,463 | ||||
| South Korea – 1.4% | |||||
| LG Chem Ltd. |
503 | 93,492 | |||
| LG Corp. |
811 | 54,376 | |||
| Samsung Securities Co., Ltd. |
646 | 37,666 | |||
| SK Energy Co., Ltd. |
689 | 73,680 | |||
| Total South Korea | 259,214 | ||||
| Spain – 2.8% | |||||
| Bankinter, S.A. |
2,762 | 34,821 | |||
| Inditex S.A. |
6,276 | 359,698 | |||
| Indra Sistemas S.A. |
2,183 | 54,373 | |||
| Zardoya Otis, S.A. |
3,010 | 65,248 | |||
| Total Spain | 514,140 | ||||
| Sweden – 3.9% | |||||
| Assa Abloy AB Class B |
2,484 | 40,246 | |||
| Atlas Copco AB Class A |
7,872 | 101,090 | |||
| Atlas Copco AB Class B |
4,609 | 52,398 | |||
| Hennes & Mauritz AB Class B |
7,582 | 424,484 | |||
| Ratos AB Class B |
1,899 | 45,351 | |||
| Swedish Match AB |
2,257 | 45,186 | |||
| Total Sweden | 708,755 | ||||
| Switzerland – 1.1% | |||||
| Compagnie Financiere Richemont S.A. Class A |
6,860 | 193,573 | |||
| Taiwan – 1.5% | |||||
| Quanta Computer, Inc. |
54,520 | 114,474 | |||
| Taiwan Mobile Co., Ltd. |
56,000 | 103,646 | |||
| Wistron Corp. |
27,769 | 51,654 | |||
| Total Taiwan | 269,774 | ||||
| Investments | Shares | U.S. $ Value | |||
| Turkey – 2.1% | |||||
| Akbank TAS |
26,080 | $ | 150,899 | ||
| Turkcell Iletisim Hizmet As |
31,144 | 222,105 | |||
| Total Turkey | 373,004 | ||||
| United Kingdom – 37.4% | |||||
| Admiral Group PLC |
3,311 | 61,268 | |||
| Amlin PLC |
2,955 | 18,125 | |||
| Antofagasta PLC |
10,797 | 131,152 | |||
| Ashmore Group PLC |
9,840 | 39,438 | |||
| AstraZeneca PLC |
12,467 | 559,092 | |||
| BG Group PLC |
7,912 | 137,550 | |||
| BHP Billiton PLC |
15,092 | 412,266 | |||
| BP PLC |
247,279 | 2,187,036 | |||
| Capita Group PLC (The) |
3,149 | 36,388 | |||
| Compass Group PLC |
25,370 | 155,120 | |||
| Drax Group PLC |
13,703 | 103,334 | |||
| Eurasian Natural Resources Corp. |
7,530 | 105,558 | |||
| Firstgroup PLC |
6,203 | 41,042 | |||
| G4S PLC |
11,286 | 39,819 | |||
| Inmarsat PLC |
3,663 | 32,309 | |||
| International Power PLC |
19,560 | 90,409 | |||
| Investec PLC |
6,266 | 45,899 | |||
| Pearson PLC |
9,054 | 111,645 | |||
| Reckitt Benckiser Group PLC |
4,149 | 202,920 | |||
| Royal Dutch Shell PLC Class A |
36,527 | 1,041,911 | |||
| Royal Dutch Shell PLC Class B |
32,188 | 893,691 | |||
| RSA Insurance Group PLC |
39,484 | 84,493 | |||
| SABMiller PLC |
7,672 | 185,158 | |||
| Smith & Nephew PLC |
3,799 | 34,056 | |||
| Total United Kingdom | 6,749,679 | ||||
| TOTAL COMMON STOCKS (Cost: $15,872,905) |
17,976,029 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.3% | |||||
| MONEY MARKET FUND – 0.3% | |||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(b) (Cost: $61,001)(c) |
61,001 | 61,001 | |||
| TOTAL INVESTMENTS IN SECURITIES – 100.0% (Cost: $15,933,906)(d) |
18,037,030 | ||||
| Foreign Currency and Other Assets in Excess of Liabilities – 0.0% |
2,580 | ||||
| NET ASSETS – 100.0% | $ | 18,039,610 | |||
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Interest rate shown reflects yield as of September 30, 2009. |
| (c) | At September 30, 2009, the total market value of the Fund’s securities on loan was $58,323 and the total market value of the collateral held by the Fund was $61,001. |
| (d) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 40 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Japan SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| COMMON STOCKS – 99.3% | |||||
| Advertising – 0.4% | |||||
| Asatsu-DK, Inc. |
7,200 | $ | 152,387 | ||
| Moshi Moshi Hotline, Inc. |
18,800 | 367,874 | |||
| Total Advertising | 520,261 | ||||
| Agriculture – 0.3% | |||||
| Hokuto Corp. |
17,800 | 412,520 | |||
| Apparel – 2.2% | |||||
| Gunze Ltd. |
101,000 | 463,629 | |||
| Japan Wool Textile Co., Ltd. (The) |
50,000 | 379,740 | |||
| Onward Holdings Co., Ltd. |
126,000 | 940,057 | |||
| Sanyo Shokai Ltd. |
124,000 | 408,555 | |||
| Tokyo Style Co., Ltd. |
50,000 | 432,233 | |||
| Total Apparel | 2,624,214 | ||||
| Auto Manufacturers – 0.7% | |||||
| Kanto Auto Works Ltd. |
22,600 | 228,183 | |||
| Nissan Shatai Co., Ltd. |
19,000 | 153,002 | |||
| Shinmaywa Industries Ltd. |
109,000 | 428,525 | |||
| Total Auto Manufacturers | 809,710 | ||||
| Auto Parts & Equipment – 4.6% | |||||
| Exedy Corp. |
12,400 | 273,940 | |||
| FCC Co., Ltd. |
23,800 | 415,739 | |||
| Keihin Corp. |
21,500 | 357,313 | |||
| Musashi Seimitsu Industry Co., Ltd. |
15,800 | 303,171 | |||
| NHK Spring Co., Ltd. |
97,000 | 802,781 | |||
| Nifco, Inc. |
38,400 | 768,129 | |||
| Nippon Seiki Co., Ltd. |
39,000 | 444,296 | |||
| Nissin Kogyo Co., Ltd. |
31,900 | 466,377 | |||
| Showa Corp. |
68,600 | 420,633 | |||
| Takata Corp. |
21,200 | 388,554 | |||
| Tokai Rika Co., Ltd. |
23,300 | 419,236 | |||
| TS Tech Co., Ltd. |
22,400 | 397,038 | |||
| Total Auto Parts & Equipment | 5,457,207 | ||||
| Banks – 5.8% | |||||
| Akita Bank Ltd. (The) |
60,000 | 243,927 | |||
| Aomori Bank Ltd. (The) |
52,000 | 208,499 | |||
| Awa Bank Ltd. (The) |
51,000 | 293,919 | |||
| Bank of Nagoya Ltd. (The) |
64,000 | 277,344 | |||
| Bank of Saga Ltd. (The) |
61,000 | 190,082 | |||
| Daishi Bank Ltd. (The) |
104,000 | 421,645 | |||
| Fukui Bank Ltd. (The) |
71,000 | 232,345 | |||
| Higo Bank Ltd. (The) |
54,000 | 319,651 | |||
| Hokkoku Bank Ltd. (The) |
97,000 | 406,266 | |||
| Hokuetsu Bank Ltd. (The) |
58,000 | 111,420 | |||
| Hyakugo Bank Ltd. (The) |
70,000 | 361,199 | |||
| Juroku Bank Ltd. (The) |
120,000 | 411,459 | |||
| Keiyo Bank Ltd. (The) |
71,000 | 363,981 | |||
| Kiyo Holdings, Inc. |
331,000 | 421,444 | |||
| Miyazaki Bank Ltd. (The) |
43,000 | 179,617 | |||
| Musashino Bank Ltd. (The) |
11,600 | 351,751 | |||
| Ogaki Kyoritsu Bank Ltd. (The) |
69,000 | 238,130 | |||
| Oita Bank Ltd. (The) |
48,000 | 188,172 | |||
| Investments | Shares | Value | |||
| San-In Godo Bank Ltd. (The) |
39,000 | $ | 333,222 | ||
| Toho Bank Ltd. (The) |
63,000 | 280,751 | |||
| Tokyo Tomin Bank Ltd. (The) |
23,100 | 377,969 | |||
| Yachiyo Bank Ltd. (The) |
5,400 | 164,349 | |||
| Yamagata Bank Ltd. (The) |
47,000 | 243,045 | |||
| Yamanashi Chuo Bank Ltd. (The) |
51,000 | 247,211 | |||
| Total Banks | 6,867,398 | ||||
| Beverages – 1.4% | |||||
| Coca-Cola Central Japan Co., Ltd. |
21,200 | 295,974 | |||
| Ito En Ltd. |
39,700 | 736,934 | |||
| Mikuni Coca-Cola Bottling Co., Ltd. |
30,200 | 262,755 | |||
| Takara Holdings, Inc.(a) |
58,000 | 402,279 | |||
| Total Beverages | 1,697,942 | ||||
| Building Materials – 1.9% | |||||
| Central Glass Co., Ltd. |
117,000 | 521,394 | |||
| Chofu Seisakusho Co., Ltd. |
7,400 | 157,199 | |||
| Fujitec Co., Ltd. |
59,000 | 336,069 | |||
| Sanwa Holdings Corp. |
152,000 | 524,577 | |||
| Sumitomo Osaka Cement Co., Ltd. |
209,000 | 396,828 | |||
| Takara Standard Co., Ltd. |
56,000 | 337,745 | |||
| Total Building Materials | 2,273,812 | ||||
| Chemicals – 8.9% | |||||
| ADEKA Corp. |
50,300 | 504,489 | |||
| Aica Kogyo Co., Ltd. |
49,700 | 532,331 | |||
| Denki Kagaku Kogyo K.K. |
225,000 | 929,804 | |||
| DIC Corp. |
473,000 | 676,205 | |||
| Earth Chemical Co., Ltd. |
9,400 | 303,412 | |||
| Fujimi, Inc. |
18,900 | 339,223 | |||
| Lintec Corp. |
18,700 | 357,145 | |||
| Nihon Parkerizing Co., Ltd. |
44,000 | 549,908 | |||
| Nippon Kayaku Co., Ltd. |
105,000 | 932,317 | |||
| Nippon Paint Co., Ltd. |
72,000 | 392,427 | |||
| NOF Corp. |
114,000 | 572,960 | |||
| Sanyo Chemical Industries Ltd. |
76,000 | 449,031 | |||
| Sumitomo Bakelite Co., Ltd. |
131,000 | 696,443 | |||
| T. Hasegawa Co., Ltd. |
21,000 | 357,681 | |||
| Taiyo Ink Manufacturing Co., Ltd. |
21,400 | 547,339 | |||
| Toagosei Co., Ltd. |
173,000 | 589,323 | |||
| Tokai Carbon Co., Ltd. |
70,000 | 331,490 | |||
| Tokyo Ohka Kogyo Co., Ltd. |
21,400 | 482,806 | |||
| Toyo Ink Manufacturing Co., Ltd. |
174,000 | 652,974 | |||
| Zeon Corp. |
76,000 | 348,869 | |||
| Total Chemicals | 10,546,177 | ||||
| Commercial Services – 2.8% | |||||
| Duskin Co., Ltd. |
29,200 | 550,181 | |||
| Meitec Corp.(a) |
29,600 | 503,830 | |||
| Park24 Co., Ltd. |
87,200 | 1,007,034 | |||
| Sohgo Security Services Co., Ltd. |
40,700 | 484,118 | |||
| TKC Corp. |
10,400 | 227,665 | |||
| Toppan Forms Co., Ltd. |
39,900 | 549,023 | |||
| Total Commercial Services | 3,321,851 | ||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 41 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Computers – 3.0% | |||||
| Hitachi Information Systems Ltd. |
17,100 | $ | 552,907 | ||
| Hitachi Maxell Ltd. |
35,900 | 695,666 | |||
| Hitachi Systems & Services Ltd. |
17,200 | 411,102 | |||
| Japan Digital Laboratory Co., Ltd. |
29,900 | 422,778 | |||
| NEC Fielding Ltd. |
18,000 | 281,655 | |||
| NS Solutions Corp. |
26,600 | 488,714 | |||
| Otsuka Corp. |
11,700 | 701,725 | |||
| Total Computers | 3,554,547 | ||||
| Cosmetics/Personal Care – 1.5% | |||||
| Fancl Corp. |
23,300 | 370,312 | |||
| Kose Corp. |
12,500 | 305,746 | |||
| Lion Corp. |
79,000 | 411,169 | |||
| Mandom Corp. |
13,000 | 373,150 | |||
| Pigeon Corp. |
7,400 | 295,058 | |||
| Total Cosmetics/Personal Care | 1,755,435 | ||||
| Distribution/Wholesale – 2.8% | |||||
| Ai Holdings Corp. |
81,300 | 286,028 | |||
| Inaba Denki Sangyo Co., Ltd. |
12,400 | 297,761 | |||
| Itochu Enex Co., Ltd. |
69,700 | 407,138 | |||
| IWATANI Corp. |
112,000 | 345,250 | |||
| JFE Shoji Holdings, Inc. |
124,000 | 454,258 | |||
| Nagase & Co., Ltd. |
49,000 | 607,472 | |||
| Onoken Co., Ltd. |
12,900 | 129,670 | |||
| Ryoden Trading Co., Ltd. |
29,000 | 187,535 | |||
| Ryoshoku Ltd. |
6,000 | 153,795 | |||
| Sinanen Co., Ltd. |
24,000 | 128,665 | |||
| Yamazen Corp. |
90,900 | 337,061 | |||
| Total Distribution/Wholesale | 3,334,633 | ||||
| Diversified Financial Services – 2.5% | |||||
| Century Tokyo Leasing Corp. |
27,455 | 300,814 | |||
| Fuyo General Lease Co., Ltd. |
15,300 | 345,184 | |||
| IBJ Leasing Co., Ltd. |
21,900 | 316,753 | |||
| Ichiyoshi Securities Co., Ltd. |
34,200 | 235,296 | |||
| Japan Securities Finance Co., Ltd. |
45,700 | 340,957 | |||
| NEC Capital Solutions Ltd. |
23,800 | 366,297 | |||
| Okasan Securities Group, Inc. |
12,000 | 53,610 | |||
| Ricoh Leasing Co., Ltd. |
12,000 | 264,433 | |||
| Takefuji Corp.(a) |
216,500 | 764,103 | |||
| Total Diversified Financial Services | 2,987,447 | ||||
| Electric – 0.3% | |||||
| Okinawa Electric Power Co., Inc. (The) |
5,800 | 347,216 | |||
| Electrical Components & Equipment – 0.4% | |||||
| Hitachi Cable Ltd. |
170,000 | 499,358 | |||
| Electronics – 4.7% | |||||
| Eizo Nanao Corp. |
15,700 | 375,250 | |||
| Horiba Ltd. |
17,100 | 444,999 | |||
| Idec Corp. |
22,700 | 180,261 | |||
| Kaga Electronics Co., Ltd. |
27,600 | 288,839 | |||
| Nichicon Corp. |
26,900 | 344,606 | |||
| Nidec Copal Corp. |
24,100 | 328,655 | |||
| Investments | Shares | Value | |||
| Ryosan Co., Ltd. |
15,200 | $ | 392,159 | ||
| Sanshin Electronics Co., Ltd. |
31,500 | 254,364 | |||
| Sato Corp. |
26,600 | 363,045 | |||
| Star Micronics Co., Ltd. |
55,500 | 517,591 | |||
| Taiyo Yuden Co., Ltd. |
19,000 | 224,728 | |||
| Toyo Corp. |
30,600 | 314,766 | |||
| Yaskawa Electric Corp. |
75,000 | 542,805 | |||
| Yokogawa Electric Corp. |
115,000 | 1,021,109 | |||
| Total Electronics | 5,593,177 | ||||
| Engineering & Construction – 5.4% | |||||
| Japan Airport Terminal Co., Ltd. |
23,700 | 297,789 | |||
| Kyowa Exeo Corp. |
50,000 | 491,986 | |||
| Maeda Corp. |
107,000 | 345,373 | |||
| Maeda Road Construction Co., Ltd. |
42,000 | 378,556 | |||
| NEC Networks & System Integration Corp. |
27,400 | 374,269 | |||
| Nippo Corp. |
49,000 | 401,150 | |||
| Nishimatsu Construction Co., Ltd. |
233,000 | 333,099 | |||
| Okumura Corp. |
115,000 | 434,132 | |||
| Sanki Engineering Co., Ltd. |
48,000 | 403,686 | |||
| Shinko Plantech Co., Ltd. |
45,000 | 441,783 | |||
| SHO-BOND Holdings Co., Ltd. |
17,600 | 344,982 | |||
| Taikisha Ltd. |
30,300 | 408,129 | |||
| Takasago Thermal Engineering Co., Ltd. |
54,000 | 469,827 | |||
| Toda Corp. |
116,000 | 410,700 | |||
| Toshiba Plant Systems & Services Corp. |
39,000 | 520,958 | |||
| Toyo Engineering Corp. |
102,000 | 348,601 | |||
| Total Engineering & Construction | 6,405,020 | ||||
| Entertainment – 2.0% | |||||
| Avex Group Holdings, Inc.(a) |
45,800 | 426,106 | |||
| Heiwa Corp. |
92,800 | 1,026,102 | |||
| Mars Engineering Corp. |
11,100 | 410,353 | |||
| Toei Co., Ltd. |
47,000 | 265,617 | |||
| Tokyotokeiba Co., Ltd. |
171,000 | 299,849 | |||
| Total Entertainment | 2,428,027 | ||||
| Food – 4.8% | |||||
| Ariake Japan Co., Ltd.(a) |
23,000 | 381,728 | |||
| Ezaki Glico Co., Ltd. |
40,000 | 446,306 | |||
| Fuji Oil Co., Ltd. |
24,500 | 346,697 | |||
| J-Oil Mills, Inc. |
98,000 | 332,741 | |||
| Kato Sangyo Co., Ltd. |
16,200 | 278,278 | |||
| Maruha Nichiro Holdings, Inc. |
223,000 | 341,219 | |||
| Mitsui Sugar Co., Ltd. |
100,000 | 354,051 | |||
| Morinaga & Co., Ltd. |
156,000 | 348,467 | |||
| Morinaga Milk Industry Co., Ltd. |
104,000 | 520,378 | |||
| Nichirei Corp. |
115,000 | 455,967 | |||
| Nippon Beet Sugar Manufacturing Co., Ltd. |
72,000 | 197,018 | |||
| Nippon Flour Mills Co., Ltd. |
60,000 | 327,023 | |||
| Nippon Suisan Kaisha Ltd.(a) |
192,000 | 572,558 | |||
| Nisshin Oillio Group Ltd. (The) |
74,000 | 403,328 | |||
| Snow Brand Milk Products Co., Ltd. |
85,500 | 319,903 | |||
| Yokohama Reito Co., Ltd. |
17,000 | 120,188 | |||
| Total Food | 5,745,850 | ||||
See Notes to Financial Statements.
| 42 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Japan SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Forest Products & Paper – 0.8% | |||||
| Daio Paper Corp. |
44,000 | $ | 414,274 | ||
| Hokuetsu Kishu Paper Co., Ltd. |
110,000 | 582,342 | |||
| Total Forest Products & Paper | 996,616 | ||||
| Gas – 0.2% | |||||
| Saibu Gas Co., Ltd. |
85,000 | 242,084 | |||
| Hand/Machine Tools – 2.0% | |||||
| Asahi Diamond Industrial Co., Ltd. |
59,000 | 429,642 | |||
| Hitachi Koki Co., Ltd. |
104,000 | 1,174,334 | |||
| OSG Corp. |
46,300 | 476,781 | |||
| Union Tool Co. |
11,000 | 351,985 | |||
| Total Hand/Machine Tools | 2,432,742 | ||||
| Healthcare-Products – 1.4% | |||||
| Hogy Medical Co., Ltd. |
6,200 | 348,311 | |||
| Nihon Kohden Corp. |
29,900 | 500,587 | |||
| Nipro Corp. |
11,000 | 258,000 | |||
| Paramount Bed Co., Ltd. |
24,400 | 526,234 | |||
| Total Healthcare-Products | 1,633,132 | ||||
| Home Builders – 0.9% | |||||
| Mitsui Home Co., Ltd. |
43,000 | 249,255 | |||
| PanaHome Corp. |
69,000 | 422,315 | |||
| Token Corp. |
11,990 | 391,029 | |||
| Total Home Builders | 1,062,599 | ||||
| Home Furnishings – 1.3% | |||||
| Canon Electronics, Inc. |
27,000 | 504,808 | |||
| Nidec Sankyo Corp. |
96,000 | 545,753 | |||
| Noritz Corp.(a) |
34,600 | 464,889 | |||
| Total Home Furnishings | 1,515,450 | ||||
| Household Products/Wares – 0.3% | |||||
| Kokuyo Co., Ltd. |
45,400 | 416,300 | |||
| Housewares – 0.6% | |||||
| Noritake Co., Ltd. |
75,000 | 232,032 | |||
| Sangetsu Co., Ltd. |
19,700 | 443,352 | |||
| Total Housewares | 675,384 | ||||
| Iron/Steel – 1.5% | |||||
| Aichi Steel Corp. |
71,000 | 298,956 | |||
| Godo Steel Ltd. |
115,000 | 226,057 | |||
| Kyoei Steel Ltd. |
15,900 | 382,694 | |||
| Nippon Metal Industry Co., Ltd. |
130,000 | 233,763 | |||
| Topy Industries Ltd. |
176,000 | 389,211 | |||
| Yodogawa Steel Works Ltd. |
75,000 | 316,636 | |||
| Total Iron/Steel | 1,847,317 | ||||
| Leisure Time – 0.7% | |||||
| Mizuno Corp. |
59,000 | 284,012 | |||
| Round One Corp. |
34,200 | 290,682 | |||
| Tokyo Dome Corp. |
75,000 | 230,357 | |||
| Total Leisure Time | 805,051 | ||||
| Lodging – 0.4% | |||||
| Resorttrust, Inc. |
34,960 | 452,545 | |||
| Investments | Shares | Value | |||
| Machinery-Construction & Mining – 0.7% | |||||
| Aichi Corp. |
64,400 | $ | 327,269 | ||
| Tadano Ltd. |
98,000 | 483,788 | |||
| Total Machinery-Construction & Mining | 811,057 | ||||
| Machinery-Diversified – 3.9% | |||||
| Chugai Ro Co., Ltd. |
119,000 | 361,512 | |||
| CKD Corp. |
75,700 | 547,025 | |||
| Daifuku Co., Ltd. |
82,500 | 553,778 | |||
| Hisaka Works Ltd. |
19,000 | 211,147 | |||
| Komori Corp. |
44,300 | 539,309 | |||
| Max Co., Ltd. |
18,000 | 188,172 | |||
| Miura Co., Ltd. |
18,200 | 516,312 | |||
| Nabtesco Corp. |
39,000 | 466,510 | |||
| Sintokogio Ltd. |
49,400 | 377,390 | |||
| Toshiba Machine Co., Ltd. |
117,000 | 432,535 | |||
| Tsubakimoto Chain Co. |
108,000 | 442,687 | |||
| Total Machinery-Diversified | 4,636,377 | ||||
| Metal Fabricate/Hardware – 1.6% | |||||
| Hanwa Co., Ltd. |
127,000 | 459,574 | |||
| Kitz Corp. |
108,000 | 545,217 | |||
| MISUMI Group, Inc. |
22,000 | 462,188 | |||
| Oiles Corp. |
23,352 | 400,611 | |||
| Total Metal Fabricate/Hardware | 1,867,590 | ||||
| Mining – 1.3% | |||||
| Chuo Denki Kogyo Co., Ltd. |
51,000 | 407,841 | |||
| DOWA Holdings Co., Ltd.(a) |
123,000 | 747,328 | |||
| Nippon Denko Co., Ltd. |
55,000 | 384,542 | |||
| Total Mining | 1,539,711 | ||||
| Miscellaneous Manufacturing – 1.6% | |||||
| Amano Corp. |
57,500 | 499,637 | |||
| KUREHA Corp. |
67,000 | 413,816 | |||
| Shin-Etsu Polymer Co., Ltd. |
38,000 | 272,474 | |||
| Tamron Co., Ltd. |
27,600 | 328,913 | |||
| Tokai Rubber Industries, Inc. |
32,300 | 357,506 | |||
| Total Miscellaneous Manufacturing | 1,872,346 | ||||
| Office Furnishings – 0.2% | |||||
| Okamura Corp. |
60,000 | 297,537 | |||
| Office/Business Equipment – 0.2% | |||||
| Canon Finetech, Inc. |
16,600 | 215,994 | |||
| Oil & Gas – 0.2% | |||||
| AOC Holdings, Inc. |
38,900 | 247,646 | |||
| Pharmaceuticals – 3.1% | |||||
| Kaken Pharmaceutical Co., Ltd. |
57,000 | 536,673 | |||
| Kyorin Co., Ltd. |
15,000 | 255,487 | |||
| Miraca Holdings, Inc. |
22,000 | 719,942 | |||
| Mochida Pharmaceutical Co., Ltd. |
49,000 | 519,908 | |||
| Nippon Shinyaku Co., Ltd. |
39,000 | 553,192 | |||
| Seikagaku Corp. |
21,800 | 316,524 | |||
| SSP Co., Ltd. |
54,000 | 297,336 | |||
| Toho Holdings Co., Ltd. |
32,900 | 455,643 | |||
| Total Pharmaceuticals | 3,654,705 | ||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 43 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Japan SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | Value | |||
| Real Estate – 1.5% | |||||
| Goldcrest Co., Ltd. |
20,010 | $ | 606,770 | ||
| Heiwa Real Estate Co., Ltd. |
120,500 | 414,520 | |||
| Sumitomo Real Estate Sales Co., Ltd. |
13,240 | 474,679 | |||
| TOC Co., Ltd. |
76,700 | 338,376 | |||
| Total Real Estate | 1,834,345 | ||||
| Retail – 10.4% | |||||
| Alpen Co., Ltd. |
16,500 | 301,675 | |||
| AOKI Holdings, Inc. |
17,900 | 201,721 | |||
| Arcs Co., Ltd. |
23,310 | 373,335 | |||
| ASKUL Corp. |
16,600 | 361,535 | |||
| Best Denki Co., Ltd. |
82,000 | 389,233 | |||
| Chiyoda Co., Ltd. |
27,700 | 394,764 | |||
| Circle K Sunkus Co., Ltd. |
29,900 | 452,499 | |||
| Cocokara Fine Holdings, Inc. |
9,720 | 213,757 | |||
| DCM Japan Holdings Co., Ltd. |
68,500 | 468,984 | |||
| Don Quijote Co., Ltd. |
11,800 | 280,717 | |||
| Doutor Nichires Holdings Co., Ltd. |
26,900 | 413,708 | |||
| EDION Corp. |
57,700 | 502,019 | |||
| H2O Retailing Corp.(a) |
71,000 | 447,244 | |||
| Heiwado Co., Ltd. |
23,200 | 323,378 | |||
| Izumiya Co., Ltd. |
55,000 | 301,000 | |||
| Komeri Co., Ltd. |
15,300 | 454,549 | |||
| K’s Holdings Corp. |
12,000 | 403,418 | |||
| Matsumotokiyoshi Holdings Co., Ltd. |
11,800 | 295,214 | |||
| Ministop Co., Ltd. |
17,400 | 275,959 | |||
| Nishimatsuya Chain Co., Ltd. |
32,500 | 342,296 | |||
| Parco Co., Ltd. |
34,900 | 323,527 | |||
| Plenus Co., Ltd. |
27,300 | 409,797 | |||
| Point, Inc. |
9,570 | 634,900 | |||
| Ryohin Keikaku Co., Ltd. |
11,000 | 571,285 | |||
| Saizeriya Co., Ltd. |
22,200 | 406,138 | |||
| Shimachu Co., Ltd. |
16,000 | 420,841 | |||
| Sundrug Co., Ltd. |
11,900 | 322,969 | |||
| Tsuruha Holdings, Inc. |
10,200 | 426,068 | |||
| United Arrows Ltd. |
46,600 | 409,608 | |||
| Valor Co., Ltd. |
28,100 | 256,724 | |||
| WATAMI Co., Ltd. |
10,920 | 230,267 | |||
| Xebio Co., Ltd. |
12,800 | 302,362 | |||
| Zensho Co., Ltd.(a) |
66,000 | 459,239 | |||
| Total Retail | 12,370,730 | ||||
| Semiconductors – 0.3% | |||||
| Sanken Electric Co., Ltd. |
107,000 | 368,080 | |||
| Software – 2.6% | |||||
| Capcom Co., Ltd. |
22,300 | 439,350 | |||
| FUJI SOFT, Inc. |
15,700 | 265,130 | |||
| Hitachi Software Engineering Co., Ltd. |
24,600 | 726,721 | |||
| IT Holdings Corp. |
22,800 | 315,510 | |||
| Nihon Unisys Ltd. |
34,800 | 314,049 | |||
| NSD Co., Ltd. |
34,400 | 371,913 | |||
| Sumisho Computer Systems Corp. |
22,100 | 368,765 | |||
| Zenrin Co., Ltd. |
18,600 | 271,724 | |||
| Total Software | 3,073,162 | ||||
| Investments | Shares | Value | ||||
| Storage/Warehousing – 0.6% | ||||||
| Mitsui-Soko Co., Ltd. |
79,000 | $ | 300,877 | |||
| Sumitomo Warehouse Co., Ltd. (The) |
76,000 | 368,392 | ||||
| Total Storage/Warehousing | 669,269 | |||||
| Telecommunications – 0.9% | ||||||
| Hikari Tsushin, Inc. |
27,400 | 600,116 | ||||
| Hitachi Kokusai Electric, Inc. |
64,000 | 498,934 | ||||
| Total Telecommunications | 1,099,050 | |||||
| Textiles – 1.1% | ||||||
| Kurabo Industries Ltd. |
161,000 | 336,260 | ||||
| Nitto Boseki Co., Ltd. |
170,000 | 336,070 | ||||
| Seiren Co., Ltd. |
35,700 | 234,850 | ||||
| Toyobo Co., Ltd. |
237,000 | 407,639 | ||||
| Total Textiles | 1,314,819 | |||||
| Toys/Games/Hobbies – 0.3% | ||||||
| Tomy Co., Ltd. |
36,800 | 304,971 | ||||
| Transportation – 2.3% | ||||||
| Fukuyama Transporting Co., Ltd.(a) |
96,000 | 513,587 | ||||
| Iino Kaiun Kaisha Ltd. |
54,700 | 265,146 | ||||
| Kintetsu World Express, Inc. |
10,700 | 250,963 | ||||
| Nippon Konpo Unyu Soko Co., Ltd. |
39,000 | 466,075 | ||||
| Sankyu, Inc. |
124,000 | 535,969 | ||||
| Seino Holdings Corp. |
54,000 | 468,621 | ||||
| Senko Co., Ltd. |
69,000 | 288,993 | ||||
| Total Transportation | 2,789,354 | |||||
| TOTAL COMMON STOCKS (Cost: $121,519,859) |
118,227,765 | |||||
| SHORT-TERM INVESTMENT – 0.3% | ||||||
| MONEY MARKET FUND – 0.3% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $290,177) |
290,177 | 290,177 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.4% | ||||||
| MONEY MARKET FUND – 3.4% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $4,076,036)(d) |
4,076,036 | 4,076,036 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 103.0% (Cost: $125,886,072)(e) |
122,593,978 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (3.0)% |
(3,533,595 | ) | ||||
| NET ASSETS – 100.0% | $ | 119,060,383 | ||||
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $3,609,129 and the total market value of the collateral held by the Fund was $4,076,036. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 44 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Pacific ex-Japan Total Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.9% | |||||
| Australia – 55.7% | |||||
| AGL Energy Ltd. |
63,535 | $ | 766,516 | ||
| Amcor Ltd. |
159,979 | 773,718 | |||
| AMP Ltd. |
309,180 | 1,779,092 | |||
| Aristocrat Leisure Ltd. |
143,430 | 664,567 | |||
| ASX Ltd. |
23,333 | 724,858 | |||
| Australia & New Zealand Banking Group Ltd. |
301,738 | 6,495,031 | |||
| AXA Asia Pacific Holdings Ltd. |
184,337 | 710,941 | |||
| Bendigo and Adelaide Bank Ltd.(a) |
85,299 | 707,638 | |||
| BHP Billiton Ltd. |
195,806 | 6,520,070 | |||
| BlueScope Steel Ltd. |
278,687 | 720,649 | |||
| Boral Ltd. |
108,391 | 582,572 | |||
| Brambles Ltd. |
213,003 | 1,518,926 | |||
| Coca-Cola Amatil Ltd. |
80,830 | 699,811 | |||
| Commonwealth Bank of Australia |
187,132 | 8,546,688 | |||
| Computershare Ltd. |
61,857 | 609,246 | |||
| Crown Ltd. |
118,110 | 930,845 | |||
| CSL Ltd. |
23,054 | 680,788 | |||
| CSR Ltd. |
378,460 | 627,939 | |||
| David Jones Ltd. |
88,596 | 456,632 | |||
| Downer EDI Ltd. |
79,967 | 578,008 | |||
| Fairfax Media Ltd. |
581,199 | 879,687 | |||
| Foster’s Group Ltd. |
209,817 | 1,027,716 | |||
| Goodman Fielder Ltd.(a) |
403,797 | 595,140 | |||
| Harvey Norman Holdings Ltd. |
133,400 | 506,248 | |||
| Incitec Pivot Ltd. |
311,209 | 777,281 | |||
| Insurance Australia Group Ltd. |
153,703 | 512,759 | |||
| Leighton Holdings Ltd. |
45,508 | 1,452,699 | |||
| Lend Lease Corp., Ltd. |
103,633 | 969,490 | |||
| Lion Nathan Ltd. |
44,906 | 453,784 | |||
| Macquarie Group Ltd. |
33,249 | 1,725,129 | |||
| Metcash Ltd. |
156,226 | 620,448 | |||
| National Australia Bank Ltd. |
276,876 | 7,516,420 | |||
| OneSteel Ltd. |
209,302 | 559,700 | |||
| Orica Ltd. |
37,465 | 777,021 | |||
| Origin Energy Ltd. |
68,612 | 988,234 | |||
| QBE Insurance Group Ltd. |
121,092 | 2,571,287 | |||
| Rio Tinto Ltd. |
29,160 | 1,524,551 | |||
| Santos Ltd. |
49,484 | 663,816 | |||
| Sims Metal Management Ltd. |
22,561 | 454,573 | |||
| Sonic Healthcare Ltd. |
69,810 | 875,490 | |||
| Suncorp-Metway Ltd. |
242,374 | 1,899,496 | |||
| TABCORP Holdings Ltd. |
91,589 | 576,331 | |||
| Telstra Corp., Ltd. |
1,907,188 | 5,504,029 | |||
| Toll Holdings Ltd. |
89,524 | 673,950 | |||
| Wesfarmers Ltd. |
137,408 | 3,212,428 | |||
| Westpac Banking Corp. |
294,799 | 6,829,592 | |||
| Woodside Petroleum Ltd. |
48,711 | 2,241,064 | |||
| Woolworths Ltd. |
82,911 | 2,140,314 | |||
| WorleyParsons Ltd. |
27,337 | 716,792 | |||
| Total Australia | 84,340,004 | ||||
| Investments | Shares | U.S. $ Value | |||
| Hong Kong – 28.8% | |||||
| Cheung Kong Holdings Ltd. |
128,015 | $ | 1,624,541 | ||
| China Merchants Holdings International Co., Ltd. |
244,539 | 810,918 | |||
| China Mobile Ltd. |
1,313,613 | 12,814,000 | |||
| China Overseas Land & Investment Ltd. |
283,707 | 613,535 | |||
| China Resources Enterprise |
248,009 | 721,622 | |||
| China Unicom (Hong Kong) Ltd. |
1,062,477 | 1,505,280 | |||
| CLP Holdings Ltd. |
227,531 | 1,544,265 | |||
| CNOOC Ltd. |
3,840,240 | 5,163,231 | |||
| Hang Lung Group Ltd. |
97,000 | 485,623 | |||
| Hang Lung Properties Ltd. |
254,000 | 935,697 | |||
| Hang Seng Bank Ltd. |
214,627 | 3,093,378 | |||
| Henderson Land Development Co., Ltd. |
106,000 | 697,544 | |||
| Hong Kong & China Gas Co., Ltd. |
354,539 | 895,720 | |||
| Hong Kong Exchanges and Clearing Ltd. |
86,704 | 1,571,849 | |||
| Hongkong Electric Holdings Ltd. |
205,025 | 1,124,323 | |||
| Hutchison Whampoa Ltd. |
286,000 | 2,064,722 | |||
| MTR Corp. |
170,030 | 590,165 | |||
| New World Development Ltd. |
281,022 | 604,828 | |||
| Shanghai Industrial Holdings Ltd. |
133,006 | 599,810 | |||
| Sino Land Co. |
444,022 | 795,224 | |||
| Sinotrans Shipping Ltd. |
1,081,000 | 435,187 | |||
| Sun Hung Kai Properties Ltd. |
138,000 | 2,033,484 | |||
| Swire Pacific Ltd. Class A |
61,500 | 722,918 | |||
| Swire Pacific Ltd. Class B |
250,000 | 545,158 | |||
| Television Broadcasts Ltd. |
103,002 | 443,903 | |||
| Wharf Holdings Ltd. |
202,017 | 1,072,638 | |||
| Total Hong Kong | 43,509,563 | ||||
| New Zealand – 1.7% | |||||
| Contact Energy Ltd.* |
168,825 | 703,457 | |||
| Fletcher Building Ltd. |
130,462 | 788,041 | |||
| Telecom Corp. of New Zealand Ltd. |
593,305 | 1,141,664 | |||
| Total New Zealand | 2,633,162 | ||||
| Singapore – 13.7% | |||||
| CapitaLand Ltd. |
274,000 | 723,381 | |||
| Cosco Corp. Singapore Ltd. |
714,000 | 608,069 | |||
| DBS Group Holdings Ltd. |
86,000 | 810,532 | |||
| Fraser and Neave Ltd. |
167,070 | 470,720 | |||
| Jardine Cycle & Carriage Ltd. |
47,250 | 814,858 | |||
| Keppel Corp., Ltd. |
204,000 | 1,172,705 | |||
| Oversea-Chinese Banking Corp., Ltd. |
296,000 | 1,649,054 | |||
| Pacific Century Regional Developments Ltd. |
2,204,000 | 359,760 | |||
| SembCorp Industries Ltd. |
228,000 | 548,540 | |||
| SembCorp Marine Ltd. |
306,800 | 692,398 | |||
| SIA Engineering Co., Ltd. |
357,000 | 651,141 | |||
| Singapore Airlines Ltd. |
184,400 | 1,803,365 | |||
| Singapore Airport Terminal Services Ltd. |
548,172 | 879,223 | |||
| Singapore Exchange Ltd. |
201,000 | 1,201,107 | |||
| Singapore Land Ltd. |
153,000 | 588,524 | |||
| Singapore Press Holdings Ltd. |
244,000 | 668,422 | |||
| Singapore Technologies Engineering Ltd. |
360,000 | 702,601 | |||
| Singapore Telecommunications Ltd. |
1,294,450 | 2,985,673 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 45 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Pacific ex-Japan Total Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | ||||
| StarHub Ltd. |
459,080 | $ | 707,004 | |||
| United Overseas Bank Ltd. |
146,000 | 1,738,675 | ||||
| Wilmar International Ltd. |
225,000 | 1,009,191 | ||||
| Total Singapore | 20,784,943 | |||||
| TOTAL COMMON STOCKS (Cost: $139,523,500) |
151,267,672 | |||||
| SHORT-TERM INVESTMENT – 0.3% | ||||||
| MONEY MARKET FUND – 0.3% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $481,767) |
481,767 | 481,767 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.4% | ||||||
| MONEY MARKET FUND – 0.4% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $554,005)(d) |
554,005 | 554,005 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 100.6% (Cost: $140,559,272)(e) |
152,303,444 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (0.6)% |
(933,271 | ) | ||||
| NET ASSETS – 100.0% | $ | 151,370,173 | ||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $510,643 and the total market value of the collateral held by the Fund was $554,005. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 46 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Pacific ex-Japan Equity Income Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.2% | |||||
| Australia – 81.6% | |||||
| Adelaide Brighton Ltd. |
229,367 | $ | 564,774 | ||
| Amcor Ltd. |
251,440 | 1,216,058 | |||
| AMP Ltd. |
586,687 | 3,375,930 | |||
| APN News & Media Ltd. |
441,893 | 803,385 | |||
| Aristocrat Leisure Ltd. |
232,446 | 1,077,013 | |||
| Australia & New Zealand Banking Group Ltd. |
433,406 | 9,329,237 | |||
| Australian Infrastructure Fund |
293,675 | 418,580 | |||
| Bank of Queensland Ltd. |
73,716 | 776,143 | |||
| Bendigo and Adelaide Bank Ltd. |
151,025 | 1,252,899 | |||
| Billabong International Ltd. |
80,151 | 848,847 | |||
| Boral Ltd. |
180,121 | 968,102 | |||
| Centennial Coal Co., Ltd. |
208,310 | 591,978 | |||
| Challenger Financial Services Group Ltd. |
301,430 | 907,152 | |||
| Challenger Infrastructure Fund Class A |
291,713 | 432,518 | |||
| Commonwealth Bank of Australia |
217,183 | 9,919,176 | |||
| ConnectEast Group(a)(b) |
1,142,787 | 363,084 | |||
| Consolidated Media Holdings Ltd. |
280,828 | 736,099 | |||
| Corporate Express Australia Ltd. |
112,415 | 405,777 | |||
| Crane Group Ltd. |
41,108 | 397,990 | |||
| Cromwell Group |
799,204 | 486,683 | |||
| Crown Ltd. |
191,631 | 1,510,277 | |||
| CSR Ltd. |
549,425 | 911,603 | |||
| David Jones Ltd. |
192,234 | 990,792 | |||
| Envestra Ltd.(b) |
1,364,362 | 692,368 | |||
| Fairfax Media Ltd.(a) |
675,953 | 1,023,105 | |||
| FKP Property Group(b) |
912,787 | 612,241 | |||
| Flight Centre Ltd.(a) |
57,281 | 755,773 | |||
| Goodman Fielder Ltd.(a) |
657,348 | 968,838 | |||
| GWA International Ltd. |
233,419 | 568,571 | |||
| Incitec Pivot Ltd. |
504,330 | 1,259,623 | |||
| Leighton Holdings Ltd.(a) |
74,188 | 2,368,218 | |||
| Lend Lease Corp., Ltd. |
183,601 | 1,717,593 | |||
| Monadelphous Group Ltd. |
47,752 | 563,881 | |||
| National Australia Bank Ltd. |
350,640 | 9,518,910 | |||
| Perpetual Ltd. |
23,633 | 816,355 | |||
| Premier Investments Ltd. |
76,695 | 587,525 | |||
| QBE Insurance Group Ltd. |
230,624 | 4,897,107 | |||
| Seven Network Ltd. |
86,205 | 477,784 | |||
| Sigma Pharmaceuticals Ltd. |
505,416 | 474,619 | |||
| Suncorp-Metway Ltd. |
438,215 | 3,434,311 | |||
| Telstra Corp., Ltd. |
2,379,226 | 6,866,302 | |||
| United Group Ltd. |
63,941 | 836,310 | |||
| Wesfarmers Ltd. |
281,290 | 6,576,210 | |||
| West Australian Newspapers Holdings Ltd.(a) |
148,563 | 989,913 | |||
| Total Australia | 84,289,654 | ||||
| New Zealand – 4.9% | |||||
| Air New Zealand Ltd. |
621,839 | 544,304 | |||
| Fletcher Building Ltd. |
190,975 | 1,153,563 | |||
| Sky City Entertainment Group Ltd. |
248,012 | 583,089 | |||
| Telecom Corp. of New Zealand Ltd. |
803,744 | 1,546,600 | |||
| Vector Ltd. |
453,829 | 620,487 | |||
| Investments | Shares | U.S. $ Value | ||||
| Warehouse Group Ltd. (The) |
190,782 | $ | 579,649 | |||
| Total New Zealand | 5,027,692 | |||||
| Singapore – 12.7% | ||||||
| First Ship Lease Trust |
1,251,000 | 537,138 | ||||
| Jaya Holdings Ltd.(a) |
1,845,000 | 602,321 | ||||
| K1 Ventures Ltd. |
5,392,000 | 727,071 | ||||
| Lippo-Mapletree Indonesia Retail Trust |
1,129,976 | 368,893 | ||||
| MobileOne Ltd. |
578,000 | 726,064 | ||||
| SIA Engineering Co., Ltd. |
489,000 | 891,899 | ||||
| Singapore Airlines Ltd. |
318,000 | 3,109,925 | ||||
| Singapore Airport Terminal Services Ltd. |
705,330 | 1,131,291 | ||||
| Singapore Post Ltd. |
913,000 | 599,358 | ||||
| Singapore Technologies Engineering Ltd. |
827,000 | 1,614,031 | ||||
| StarHub Ltd. |
679,000 | 1,045,690 | ||||
| Straits Asia Resources Ltd. |
580,000 | 876,761 | ||||
| Venture Corp., Ltd. |
148,000 | 944,267 | ||||
| Total Singapore | 13,174,709 | |||||
| TOTAL COMMON STOCKS (Cost: $96,131,467) |
102,492,055 | |||||
| SHORT-TERM INVESTMENT – 0.1% | ||||||
| MONEY MARKET FUND – 0.1% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(c) (Cost: $122,969) |
122,969 | 122,969 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.2% | ||||||
| MONEY MARKET FUND – 5.2% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(d) (Cost: $5,331,047)(e) |
5,331,047 | 5,331,047 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 104.5% (Cost: $101,585,483)(f) |
107,946,071 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (4.5)% |
(4,625,128 | ) | ||||
| NET ASSETS – 100.0% | $ | 103,320,943 | ||||
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Stapled Security - A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately. |
| (c) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (d) | Interest rate shown reflects yield as of September 30, 2009. |
| (e) | At September 30, 2009, the total market value of the Fund’s securities on loan was $5,084,044 and the total market value of the collateral held by the Fund was $5,331,047. |
| (f) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 47 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International LargeCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.5% | |||||
| Australia – 7.8% | |||||
| Australia & New Zealand Banking Group Ltd. |
51,358 | $ | 1,105,501 | ||
| BHP Billiton Ltd. |
40,301 | 1,341,968 | |||
| Commonwealth Bank of Australia |
28,993 | 1,324,168 | |||
| National Australia Bank Ltd. |
42,722 | 1,159,785 | |||
| QBE Insurance Group Ltd. |
32,611 | 692,467 | |||
| Telstra Corp., Ltd. |
298,776 | 862,249 | |||
| Wesfarmers Ltd. |
26,220 | 612,991 | |||
| Westpac Banking Corp. |
41,818 | 968,795 | |||
| Woodside Petroleum Ltd. |
12,259 | 564,004 | |||
| Woolworths Ltd. |
20,658 | 533,278 | |||
| Total Australia | 9,165,206 | ||||
| Austria – 0.5% | |||||
| Bank Austria Creditanstalt AG*(a) |
1,715 | — | |||
| Verbund – Oesterreichische Elektrizitaetswirtschafts AG Class A |
10,706 | 540,671 | |||
| Total Austria | 540,671 | ||||
| Belgium – 0.6% | |||||
| Belgacom S.A. |
16,720 | 650,583 | |||
| Denmark – 0.4% | |||||
| Novo Nordisk A/S Class B |
6,825 | 426,801 | |||
| Finland – 1.4% | |||||
| Fortum Oyj |
26,205 | 671,083 | |||
| Nokia Oyj |
62,543 | 918,762 | |||
| Total Finland | 1,589,845 | ||||
| France – 15.9% | |||||
| Accor S.A. |
5,970 | 331,950 | |||
| Air Liquide S.A. |
4,916 | 558,689 | |||
| AXA S.A. |
29,128 | 787,663 | |||
| BNP Paribas |
6,755 | 539,109 | |||
| Bouygues S.A. |
9,431 | 479,039 | |||
| Carrefour S.A. |
12,950 | 586,799 | |||
| Cie de Saint-Gobain |
11,574 | 599,733 | |||
| Credit Agricole S.A. |
34,773 | 725,819 | |||
| Danone |
8,464 | 509,472 | |||
| Electricite de France |
19,878 | 1,177,917 | |||
| France Telecom S.A. |
59,332 | 1,578,839 | |||
| GDF Suez |
33,347 | 1,479,116 | |||
| Lafarge S.A. |
5,922 | 529,326 | |||
| L’Oreal S.A. |
4,993 | 495,917 | |||
| LVMH Moet Hennessy Louis Vuitton S.A. |
5,211 | 523,511 | |||
| Sanofi-Aventis S.A. |
18,236 | 1,336,776 | |||
| Schneider Electric S.A. |
5,410 | 547,694 | |||
| Societe Generale |
6,443 | 517,975 | |||
| TOTAL S.A. |
41,696 | 2,474,754 | |||
| Unibail-Rodamco SE |
3,731 | 774,139 | |||
| Veolia Environnement |
12,458 | 476,916 | |||
| Vinci S.A. |
9,194 | 519,547 | |||
| Vivendi |
34,529 | 1,067,210 | |||
| Total France | 18,617,910 | ||||
| Investments | Shares | U.S. $ Value | |||
| Germany – 10.0% | |||||
| Allianz SE |
9,196 | $ | 1,147,526 | ||
| BASF SE |
23,520 | 1,244,870 | |||
| Bayer AG |
9,113 | 630,724 | |||
| Daimler AG |
7,776 | 391,053 | |||
| Deutsche Post AG |
33,541 | 627,544 | |||
| Deutsche Telekom AG |
124,117 | 1,692,666 | |||
| E.ON AG |
37,178 | 1,574,862 | |||
| Muenchener Rueckversicherungs AG |
5,348 | 852,306 | |||
| RWE AG |
14,177 | 1,315,258 | |||
| SAP AG |
11,514 | 560,103 | |||
| Siemens AG |
9,916 | 917,194 | |||
| ThyssenKrupp AG |
18,670 | 642,132 | |||
| Volkswagen AG(b) |
1,170 | 192,106 | |||
| Total Germany | 11,788,344 | ||||
| Hong Kong – 4.9% | |||||
| China Mobile Ltd. |
209,919 | 2,047,713 | |||
| CLP Holdings Ltd. |
48,110 | 326,525 | |||
| CNOOC Ltd. |
864,529 | 1,162,366 | |||
| Hang Seng Bank Ltd. |
51,495 | 742,188 | |||
| Hutchison Whampoa Ltd. |
97,000 | 700,273 | |||
| Sun Hung Kai Properties Ltd. |
53,442 | 787,488 | |||
| Total Hong Kong | 5,766,553 | ||||
| Italy – 5.2% | |||||
| Atlantia SpA |
15,866 | 384,280 | |||
| Enel SpA |
264,088 | 1,674,350 | |||
| ENI SpA |
94,138 | 2,350,234 | |||
| Mediobanca SpA(b) |
50,409 | 688,198 | |||
| Snam Rete Gas SpA |
112,088 | 544,765 | |||
| Telecom Italia SpA |
249,632 | 437,499 | |||
| Total Italy | 6,079,326 | ||||
| Japan – 9.5% | |||||
| Astellas Pharma, Inc. |
15,700 | 647,043 | |||
| Canon, Inc. |
25,500 | 1,033,842 | |||
| Honda Motor Co., Ltd. |
26,000 | 802,926 | |||
| JFE Holdings, Inc. |
17,000 | 584,799 | |||
| Kansai Electric Power Co., Inc. (The) |
22,700 | 550,165 | |||
| Mitsubishi Corp. |
35,500 | 720,031 | |||
| Mitsubishi UFJ Financial Group, Inc. |
132,300 | 712,220 | |||
| Mitsui & Co., Ltd. |
49,700 | 651,676 | |||
| Mizuho Financial Group, Inc. |
260,198 | 517,286 | |||
| Nippon Telegraph & Telephone Corp. |
19,394 | 901,089 | |||
| NTT DoCoMo, Inc. |
670 | 1,073,078 | |||
| Panasonic Corp. |
40,900 | 604,352 | |||
| Takeda Pharmaceutical Co., Ltd. |
20,300 | 847,959 | |||
| Tokyo Electric Power Co., Inc. (The) |
23,100 | 607,589 | |||
| Toyota Motor Corp. |
23,400 | 933,021 | |||
| Total Japan | 11,187,076 | ||||
| Netherlands – 2.2% | |||||
| Koninklijke KPN N.V. |
46,612 | 772,285 | |||
| Koninklijke Philips Electronics N.V. |
30,435 | 740,261 | |||
See Notes to Financial Statements.
| 48 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International LargeCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Unilever N.V. CVA |
37,416 | $ | 1,077,138 | ||
| Total Netherlands | 2,589,684 | ||||
| Norway – 1.3% | |||||
| StatoilHydro ASA |
68,559 | 1,534,877 | |||
| Portugal – 0.5% | |||||
| Portugal Telecom, SGPS, S.A. |
50,731 | 536,500 | |||
| Singapore – 1.6% | |||||
| DBS Group Holdings Ltd. |
58,000 | 546,638 | |||
| Singapore Airlines Ltd. |
72,000 | 704,134 | |||
| Singapore Telecommunications Ltd. |
262,500 | 605,461 | |||
| Total Singapore | 1,856,233 | ||||
| Spain – 9.3% | |||||
| ACS Actividades de Construccion y Servicios, S.A.(b) |
10,695 | 557,156 | |||
| Banco Bilbao Vizcaya Argentaria S.A.(b) |
74,988 | 1,329,569 | |||
| Banco Popular Espanol S.A.(b) |
44,857 | 449,137 | |||
| Banco Santander S.A. |
191,650 | 3,081,483 | |||
| Criteria Caixacorp S.A. |
133,099 | 682,873 | |||
| Iberdrola S.A.(b) |
86,908 | 851,759 | |||
| Inditex S.A. |
11,607 | 665,235 | |||
| Repsol YPF S.A.(b) |
34,996 | 950,946 | |||
| Telefonica S.A. |
87,242 | 2,404,420 | |||
| Total Spain | 10,972,578 | ||||
| Sweden – 1.9% | |||||
| Hennes & Mauritz AB Class B |
14,985 | 838,947 | |||
| Nordea Bank AB |
45,565 | 457,419 | |||
| Sandvik AB |
42,836 | 471,678 | |||
| TeliaSonera AB |
78,083 | 511,408 | |||
| Total Sweden | 2,279,452 | ||||
| Switzerland – 6.1% | |||||
| Holcim Ltd.* |
7,976 | 546,517 | |||
| Nestle S.A. |
45,187 | 1,923,055 | |||
| Novartis AG |
35,102 | 1,754,001 | |||
| Roche Holding AG |
7,638 | 1,232,945 | |||
| SGS S.A. |
375 | 504,144 | |||
| Swisscom AG |
995 | 355,511 | |||
| Zurich Financial Services AG |
3,633 | 863,041 | |||
| Total Switzerland | 7,179,214 | ||||
| United Kingdom – 20.4% | |||||
| AstraZeneca PLC |
22,989 | 1,030,960 | |||
| Aviva PLC |
87,697 | 628,497 | |||
| BAE Systems PLC |
64,897 | 362,445 | |||
| BHP Billiton PLC |
34,134 | 932,435 | |||
| BP PLC |
406,753 | 3,597,489 | |||
| British American Tobacco PLC |
35,004 | 1,098,959 | |||
| British Sky Broadcasting Group PLC |
42,104 | 384,843 | |||
| BT Group PLC Class |
374,575 | 778,800 | |||
| Centrica PLC |
92,744 | 373,199 | |||
| Diageo PLC |
42,827 | 657,555 | |||
| GlaxoSmithKline PLC |
77,358 | 1,521,168 | |||
| HSBC Holdings PLC |
245,054 | 2,806,198 | |||
| Investments | Shares | U.S. $ Value | ||||
| Imperial Tobacco Group PLC |
16,094 | $ | 465,378 | |||
| National Grid PLC |
49,479 | 477,971 | ||||
| Reckitt Benckiser Group PLC |
7,704 | 376,788 | ||||
| Rio Tinto PLC |
17,407 | 742,907 | ||||
| Royal Dutch Shell PLC Class A |
56,640 | 1,615,622 | ||||
| Royal Dutch Shell PLC Class B |
55,215 | 1,533,029 | ||||
| Scottish & Southern Energy PLC |
16,350 | 306,732 | ||||
| Standard Chartered PLC |
28,938 | 713,668 | ||||
| Tesco PLC |
123,619 | 790,049 | ||||
| Unilever PLC |
24,378 | 693,224 | ||||
| Vodafone Group PLC |
922,593 | 2,068,720 | ||||
| Total United Kingdom | 23,956,636 | |||||
| TOTAL COMMON STOCKS (Cost: $122,137,094) |
116,717,489 | |||||
| RIGHTS – 0.0% | ||||||
| France – 0.0% | ||||||
| BNP Paribas, expiring 10/13/09* (Cost: $0) |
6,755 | 14,613 | ||||
| WARRANTS – 0.0% | ||||||
| Italy – 0.0% | ||||||
| Mediobanca SpA, expiring 3/18/11 (Cost: $2,465) |
48,009 | 3,409 | ||||
| TOTAL LONG-TERM INVESTMENTS (Cost: $122,139,559) |
116,735,511 | |||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.1% | ||||||
| MONEY MARKET FUND – 3.1% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $3,636,032)(d) |
3,636,032 | 3,636,032 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 102.6% (Cost: $125,775,591)(e) |
120,371,543 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (2.6)% |
(3,043,775 | ) | ||||
| NET ASSETS – 100.0% | $ | 117,327,768 | ||||
| * | Non-income producing security. |
| (a) | Escrow Security-additional shares issued as result of a corporate action. |
| (b) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $3,430,672 and the total market value of the collateral held by the Fund was $3,636,032. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 49 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Dividend ex-Financials Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.5% | |||||
| Australia – 4.6% | |||||
| Foster’s Group Ltd. |
238,055 | $ | 1,166,030 | ||
| Orica Ltd. |
80,498 | 1,669,523 | |||
| Origin Energy Ltd. |
56,027 | 806,969 | |||
| Telstra Corp., Ltd. |
609,062 | 1,757,716 | |||
| Wesfarmers Ltd. |
62,141 | 1,452,779 | |||
| Total Australia | 6,853,017 | ||||
| Austria – 2.5% | |||||
| OMV AG |
35,840 | 1,444,318 | |||
| Telekom Austria AG |
131,868 | 2,374,698 | |||
| Total Austria | 3,819,016 | ||||
| Belgium – 3.3% | |||||
| Anheuser-Busch InBev N.V. |
27,477 | 1,253,290 | |||
| Belgacom S.A. |
66,682 | 2,594,627 | |||
| Solvay S.A. |
10,560 | 1,095,152 | |||
| Total Belgium | 4,943,069 | ||||
| Finland – 2.9% | |||||
| Fortum Oyj |
59,139 | 1,514,490 | |||
| Nokia Oyj |
84,609 | 1,242,913 | |||
| UPM-Kymmene Oyj |
128,710 | 1,542,710 | |||
| Total Finland | 4,300,113 | ||||
| France – 16.5% | |||||
| Accor S.A. |
34,960 | 1,943,883 | |||
| Cap Gemini S.A. |
20,643 | 1,080,074 | |||
| Cie de Saint-Gobain |
32,872 | 1,703,337 | |||
| France Telecom S.A. |
113,241 | 3,013,371 | |||
| Lafarge S.A. |
21,443 | 1,916,639 | |||
| Lagardere SCA |
37,303 | 1,735,556 | |||
| PPR |
16,850 | 2,157,310 | |||
| Sanofi-Aventis S.A. |
17,879 | 1,310,607 | |||
| Schneider Electric S.A. |
15,656 | 1,584,972 | |||
| Technip S.A. |
16,508 | 1,053,263 | |||
| TOTAL S.A. |
21,270 | 1,262,424 | |||
| Vallourec S.A. |
16,018 | 2,711,284 | |||
| Veolia Environnement |
43,343 | 1,659,253 | |||
| Vivendi |
49,782 | 1,538,644 | |||
| Total France | 24,670,617 | ||||
| Germany – 10.7% | |||||
| BASF SE |
42,798 | 2,265,219 | |||
| Bayer AG |
16,106 | 1,114,720 | |||
| Deutsche Post AG |
186,572 | 3,490,717 | |||
| Deutsche Telekom AG |
160,778 | 2,192,635 | |||
| E.ON AG |
33,853 | 1,434,015 | |||
| Metro AG |
19,129 | 1,080,687 | |||
| RWE AG |
17,029 | 1,579,850 | |||
| SAP AG |
12,555 | 610,743 | |||
| ThyssenKrupp AG |
66,737 | 2,295,339 | |||
| Total Germany | 16,063,925 | ||||
| Hong Kong – 0.7% | |||||
| CNOOC Ltd. |
738,000 | 992,246 | |||
| Investments | Shares | U.S. $ Value | |||
| Italy – 11.1% | |||||
| Enel SpA |
494,318 | $ | 3,134,037 | ||
| ENI SpA |
77,246 | 1,928,511 | |||
| Mediaset SpA |
370,679 | 2,589,906 | |||
| Parmalat SpA |
1,136,539 | 3,138,156 | |||
| Telecom Italia SpA RSP |
3,409,321 | 4,186,059 | |||
| Terna Rete Elettrica Nazionale SpA |
405,929 | 1,581,268 | |||
| Total Italy | 16,557,937 | ||||
| Japan – 5.0% | |||||
| Astellas Pharma, Inc. |
19,900 | 820,137 | |||
| Canon, Inc. |
22,600 | 916,267 | |||
| Daiichi Sankyo Co., Ltd. |
53,900 | 1,115,505 | |||
| Eisai Co., Ltd.(a) |
33,800 | 1,275,970 | |||
| Fujitsu Ltd. |
76,000 | 498,263 | |||
| Konica Minolta Holdings, Inc. |
52,500 | 498,995 | |||
| Ricoh Co., Ltd. |
44,000 | 642,788 | |||
| Takeda Pharmaceutical Co., Ltd. |
24,800 | 1,035,930 | |||
| TDK Corp. |
12,200 | 707,187 | |||
| Total Japan | 7,511,042 | ||||
| Netherlands – 7.5% | |||||
| Akzo Nobel N.V. |
33,727 | 2,087,063 | |||
| Koninklijke DSM N.V. |
33,745 | 1,408,230 | |||
| Reed Elsevier N.V. |
108,844 | 1,226,640 | |||
| STMicroelectronics N.V. |
153,198 | 1,441,882 | |||
| TNT N.V. |
73,099 | 1,959,607 | |||
| Unilever N.V. CVA |
50,650 | 1,458,121 | |||
| Wolters Kluwer N.V. |
74,904 | 1,597,965 | |||
| Total Netherlands | 11,179,508 | ||||
| Norway – 1.7% | |||||
| Orkla ASA |
158,339 | 1,485,886 | |||
| StatoilHydro ASA |
44,253 | 990,722 | |||
| Total Norway | 2,476,608 | ||||
| Portugal – 2.3% | |||||
| Portugal Telecom, SGPS, S.A. |
326,697 | 3,454,951 | |||
| Singapore – 1.6% | |||||
| Singapore Airlines Ltd. |
245,000 | 2,396,012 | |||
| Singapore Airport Terminal Services Ltd. |
4,380 | 7,025 | |||
| Total Singapore | 2,403,037 | ||||
| Spain – 2.1% | |||||
| ACS Actividades de Construccion y Servicios, S.A.(a) |
24,142 | 1,257,677 | |||
| Repsol YPF S.A.(a) |
72,093 | 1,958,983 | |||
| Total Spain | 3,216,660 | ||||
| Sweden – 4.1% | |||||
| Sandvik AB |
272,318 | 2,998,561 | |||
| SKF AB Class B |
124,238 | 1,945,424 | |||
| Svenska Cellulosa AB Class B |
82,587 | 1,116,065 | |||
| Total Sweden | 6,060,050 | ||||
| Switzerland – 2.3% | |||||
| Holcim Ltd.* |
22,529 | 1,543,692 | |||
See Notes to Financial Statements.
| 50 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Dividend ex-Financials Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | ||||
| Novartis AG |
21,296 | $ | 1,064,133 | |||
| Roche Holding AG |
4,729 | 763,367 | ||||
| Total Switzerland | 3,371,192 | |||||
| United Kingdom – 20.6% | ||||||
| AstraZeneca PLC |
33,114 | 1,485,023 | ||||
| BP PLC |
218,529 | 1,932,759 | ||||
| British American Tobacco PLC |
43,511 | 1,366,038 | ||||
| BT Group PLC |
2,841,187 | 5,907,268 | ||||
| Cadbury PLC |
151,621 | 1,947,235 | ||||
| Diageo PLC |
79,238 | 1,216,601 | ||||
| GlaxoSmithKline PLC |
83,572 | 1,643,361 | ||||
| Home Retail Group PLC |
383,869 | 1,669,305 | ||||
| J. Sainsbury PLC |
192,222 | 999,149 | ||||
| Marks & Spencer Group PLC |
336,481 | 1,948,645 | ||||
| National Grid PLC |
177,647 | 1,716,083 | ||||
| Royal Dutch Shell PLC Class B |
65,427 | 1,816,562 | ||||
| Sage Group PLC (The) |
308,314 | 1,150,900 | ||||
| Severn Trent PLC |
101,032 | 1,568,188 | ||||
| United Utilities Group PLC |
356,741 | 2,605,148 | ||||
| Vodafone Group PLC |
810,380 | 1,817,106 | ||||
| Total United Kingdom | 30,789,371 | |||||
| TOTAL COMMON STOCKS (Cost: $140,579,283) |
148,662,359 | |||||
| SHORT-TERM INVESTMENT – 0.0% | ||||||
| MONEY MARKET FUND – 0.0% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) (Cost: $11,643) |
11,643 | 11,643 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.3% | ||||||
| MONEY MARKET FUND – 2.3% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) (Cost: $3,368,030)(d) |
3,368,030 | 3,368,030 | ||||
| TOTAL INVESTMENTS IN SECURITIES –101.8% (Cost: $143,958,956)(e) |
152,042,032 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (1.8)% |
(2,642,399 | ) | ||||
| NET ASSETS – 100.0% | $ | 149,399,633 | ||||
RSP – Risparmio Italian Savings Shares
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $3,195,973 and the total market value of the collateral held by the Fund was $3,368,030. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 51 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International MidCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.7% | |||||
| Australia – 10.2% | |||||
| AGL Energy Ltd. |
18,722 | $ | 225,871 | ||
| Amcor Ltd. |
92,259 | 446,199 | |||
| Aristocrat Leisure Ltd. |
81,645 | 378,293 | |||
| ASX Ltd. |
14,259 | 442,967 | |||
| AXA Asia Pacific Holdings Ltd. |
118,787 | 458,131 | |||
| Billabong International Ltd. |
22,721 | 240,629 | |||
| BlueScope Steel Ltd. |
151,547 | 391,881 | |||
| Boral Ltd. |
55,090 | 296,094 | |||
| Brambles Ltd. |
121,995 | 869,947 | |||
| Coca-Cola Amatil Ltd. |
52,226 | 452,163 | |||
| Computershare Ltd. |
23,598 | 232,423 | |||
| Crown Ltd. |
70,316 | 554,173 | |||
| CSR Ltd. |
192,609 | 319,576 | |||
| Fairfax Media Ltd. |
227,187 | 343,864 | |||
| Felix Resources Ltd. |
16,737 | 253,327 | |||
| Harvey Norman Holdings Ltd. |
87,966 | 333,828 | |||
| Incitec Pivot Ltd. |
178,300 | 445,325 | |||
| Insurance Australia Group Ltd. |
97,870 | 326,498 | |||
| Leighton Holdings Ltd.(a) |
27,278 | 870,764 | |||
| Lend Lease Corp., Ltd. |
53,795 | 503,254 | |||
| Lion Nathan Ltd. |
43,304 | 437,596 | |||
| Metcash Ltd. |
49,068 | 194,872 | |||
| OneSteel Ltd. |
112,637 | 301,206 | |||
| Orica Ltd. |
22,863 | 474,177 | |||
| Sims Metal Management Ltd. |
11,730 | 236,343 | |||
| Sonic Healthcare Ltd. |
56,087 | 703,389 | |||
| Suncorp-Metway Ltd. |
163,734 | 1,283,191 | |||
| TABCORP Holdings Ltd. |
39,458 | 248,293 | |||
| Tatts Group Ltd. |
96,279 | 215,826 | |||
| Toll Holdings Ltd. |
44,364 | 333,979 | |||
| WorleyParsons Ltd. |
13,581 | 356,102 | |||
| Total Australia | 13,170,181 | ||||
| Austria – 3.1% | |||||
| EVN AG |
10,982 | 219,597 | |||
| Oesterreichische Post AG |
10,127 | 279,770 | |||
| Raiffeisen International Bank Holding AG |
9,997 | 651,138 | |||
| Strabag SE |
9,839 | 317,978 | |||
| Telekom Austria AG |
50,210 | 904,189 | |||
| Vienna Insurance Group |
8,316 | 474,064 | |||
| voestalpine AG |
30,206 | 1,076,870 | |||
| Total Austria | 3,923,606 | ||||
| Belgium – 1.4% | |||||
| Cofinimmo |
1,907 | 266,258 | |||
| Mobistar S.A. |
6,282 | 434,236 | |||
| Sofina S.A. |
2,082 | 197,933 | |||
| UCB S.A. |
12,917 | 544,522 | |||
| Umicore |
10,819 | 323,557 | |||
| Total Belgium | 1,766,506 | ||||
| Investments | Shares | U.S. $ Value | |||
| Denmark – 0.5% | |||||
| D/S Norden |
6,843 | $ | 257,965 | ||
| H. Lundbeck A/S |
10,161 | 210,476 | |||
| TrygVesta A/S |
2,849 | 217,599 | |||
| Total Denmark | 686,040 | ||||
| Finland – 3.2% | |||||
| Elisa Oyj |
15,170 | 310,879 | |||
| Kesko Oyj Class B |
7,117 | 238,227 | |||
| Metso Oyj |
13,748 | 386,436 | |||
| Neste Oil Oyj |
32,602 | 601,398 | |||
| Nokian Renkaat Oyj |
6,801 | 158,360 | |||
| Outokumpu Oyj |
14,781 | 277,845 | |||
| Rautaruukki Oyj |
21,966 | 526,566 | |||
| Sanoma Oyj |
22,729 | 501,335 | |||
| UPM-Kymmene Oyj |
55,254 | 662,271 | |||
| Wartsila Oyj |
10,751 | 430,269 | |||
| Total Finland | 4,093,586 | ||||
| France – 11.9% | |||||
| Aeroports de Paris |
4,580 | 411,650 | |||
| Bureau Veritas S.A. |
4,657 | 262,483 | |||
| Cap Gemini S.A. |
11,277 | 590,030 | |||
| Casino Guichard Perrachon S.A. |
8,426 | 667,542 | |||
| Ciments Francais S.A. |
2,932 | 328,928 | |||
| Eiffage S.A.(a) |
4,452 | 283,336 | |||
| Eramet(a) |
1,191 | 412,851 | |||
| Etablissements Maurel et Prom |
20,619 | 416,217 | |||
| Euler Hermes S.A. |
3,021 | 258,766 | |||
| Fonciere Des Regions |
6,251 | 727,221 | |||
| Gecina S.A. |
13,005 | 1,549,267 | |||
| ICADE |
3,988 | 426,702 | |||
| Imerys S.A. |
6,415 | 367,711 | |||
| Klepierre |
18,655 | 739,099 | |||
| Lagardere SCA |
12,040 | 560,172 | |||
| Legrand S.A. |
19,867 | 552,043 | |||
| M6-Metropole Television |
14,278 | 375,037 | |||
| Neopost S.A. |
5,370 | 481,399 | |||
| Nexity |
7,366 | 293,236 | |||
| PagesJaunes Groupe(a) |
55,113 | 713,830 | |||
| Publicis Groupe |
8,853 | 354,697 | |||
| Remy Cointreau S.A. |
5,794 | 242,089 | |||
| Sa des Ciments Vicat |
3,106 | 237,580 | |||
| Safran S.A. |
34,759 | 650,586 | |||
| SCOR SE |
15,219 | 415,548 | |||
| Societe BIC S.A. |
3,640 | 258,580 | |||
| Societe Immobiliere de Location pour l’Industrie et le Commerce |
2,252 | 290,135 | |||
| Societe Television Francaise 1 |
21,904 | 384,525 | |||
| Technip S.A. |
6,794 | 433,479 | |||
| Vallourec S.A. |
6,490 | 1,098,529 | |||
| Wendel |
7,768 | 490,116 | |||
| Total France | 15,273,384 | ||||
See Notes to Financial Statements.
| 52 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International MidCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Germany – 4.3% | |||||
| Adidas AG |
6,506 | $ | 343,970 | ||
| Bilfinger Berger AG |
4,617 | 319,144 | |||
| Celesio AG |
19,139 | 527,058 | |||
| Deutsche Lufthansa AG |
54,469 | 964,166 | |||
| Fielmann AG |
3,184 | 231,074 | |||
| Fraport AG Frankfurt Airport Services Worldwide |
5,903 | 313,643 | |||
| Gea Group AG |
13,866 | 289,021 | |||
| Hamburger Hafen Und Logistik AG |
4,281 | 192,670 | |||
| Henkel AG & Co. KGaA |
11,601 | 421,047 | |||
| Hochtief AG |
5,175 | 393,797 | |||
| Salzgitter AG |
2,293 | 219,535 | |||
| Suedzucker AG |
10,426 | 211,070 | |||
| Symrise AG |
12,152 | 231,446 | |||
| Tognum AG |
17,169 | 293,120 | |||
| Wacker Chemie AG |
1,904 | 296,648 | |||
| Wincor Nixdorf AG |
4,087 | 262,914 | |||
| Total Germany | 5,510,323 | ||||
| Hong Kong – 2.6% | |||||
| Beijing Enterprises Holdings Ltd. |
36,000 | 190,683 | |||
| China Resources Enterprise |
182,162 | 530,029 | |||
| Guangdong Investment Ltd. |
412,808 | 203,473 | |||
| Hang Lung Group Ltd. |
55,000 | 275,353 | |||
| Hopewell Holdings Ltd. |
65,162 | 204,734 | |||
| Hysan Development Co., Ltd. |
84,000 | 210,270 | |||
| New World Development Ltd. |
175,482 | 377,680 | |||
| Shanghai Industrial Holdings Ltd. |
97,000 | 437,436 | |||
| Sinotrans Shipping Ltd. |
672,000 | 270,532 | |||
| Swire Pacific Ltd. Class B |
160,000 | 348,901 | |||
| Television Broadcasts Ltd. |
56,074 | 241,659 | |||
| Total Hong Kong | 3,290,750 | ||||
| Italy – 5.9% | |||||
| A2A SpA |
329,612 | 647,049 | |||
| Banca Carige SpA |
137,419 | 409,765 | |||
| Buzzi Unicem SpA |
11,423 | 197,025 | |||
| Credito Emiliano SpA* |
59,148 | 375,438 | |||
| Edison SpA |
402,537 | 697,828 | |||
| ERG SpA |
11,491 | 174,683 | |||
| Fondiaria-Sai SpA |
13,335 | 280,097 | |||
| Geox SpA |
26,443 | 228,625 | |||
| Hera SpA |
92,711 | 225,363 | |||
| Iride SpA |
111,858 | 218,767 | |||
| Lottomatica SpA |
11,356 | 254,132 | |||
| Mediaset SpA |
144,669 | 1,010,791 | |||
| Mediolanum SpA(a) |
46,158 | 320,816 | |||
| Parmalat SpA |
159,752 | 441,099 | |||
| Prysmian SpA |
15,715 | 294,483 | |||
| Saras SpA |
135,612 | 522,816 | |||
| Societa Cattolica di Assicurazioni S.c.r.l.* |
7,005 | 243,488 | |||
| Telecom Italia SpA RSP |
870,579 | 1,068,921 | |||
| Total Italy | 7,611,186 | ||||
| Investments | Shares | U.S. $ Value | |||
| Japan – 18.1% | |||||
| ACOM Co., Ltd.(a) |
19,910 | $ | 307,317 | ||
| Aisin Seiki Co., Ltd. |
17,400 | 425,599 | |||
| Ajinomoto Co., Inc. |
49,000 | 491,997 | |||
| Asahi Breweries Ltd. |
26,400 | 484,155 | |||
| Asahi Kasei Corp. |
90,000 | 459,373 | |||
| Bank of Yokohama Ltd. (The) |
90,000 | 442,285 | |||
| Chiba Bank Ltd. (The) |
66,000 | 409,851 | |||
| Chuo Mitsui Trust Holdings, Inc. |
86,000 | 319,853 | |||
| Daito Trust Construction Co., Ltd. |
9,200 | 402,792 | |||
| Daiwa House Industry Co., Ltd. |
43,000 | 451,444 | |||
| Dentsu, Inc. |
17,400 | 406,165 | |||
| Electric Power Development Co., Ltd. |
9,400 | 298,688 | |||
| Hitachi Construction Machinery Co., Ltd. |
20,500 | 441,207 | |||
| Hokkaido Electric Power Co., Inc. |
15,700 | 327,555 | |||
| Hokuriku Electric Power Co. |
11,800 | 301,145 | |||
| JS Group Corp. |
30,700 | 540,040 | |||
| JSR Corp. |
21,600 | 443,893 | |||
| Konica Minolta Holdings, Inc. |
45,500 | 432,462 | |||
| Kuraray Co., Ltd. |
31,500 | 344,781 | |||
| Kyowa Hakko Kirin Co., Ltd. |
38,000 | 482,560 | |||
| Lawson, Inc. |
12,000 | 558,888 | |||
| Makita Corp. |
12,100 | 385,157 | |||
| Marui Group Co., Ltd. |
46,000 | 330,351 | |||
| Mitsubishi Chemical Holdings Corp. |
102,500 | 427,012 | |||
| Mitsubishi Tanabe Pharma Corp. |
38,000 | 508,025 | |||
| Nikon Corp. |
15,000 | 275,088 | |||
| Nippon Express Co., Ltd. |
105,000 | 428,045 | |||
| Nippon Mining Holdings, Inc. |
61,500 | 303,602 | |||
| Nippon Paper Group, Inc. |
12,800 | 370,269 | |||
| Nippon Yusen K.K. |
108,000 | 418,563 | |||
| Nitto Denko Corp. |
14,500 | 445,356 | |||
| Nomura Research Institute Ltd. |
15,500 | 369,604 | |||
| OJI Paper Co., Ltd. |
88,000 | 398,057 | |||
| Oracle Corp. |
13,868 | 619,557 | |||
| Osaka Gas Co., Ltd. |
88,000 | 309,600 | |||
| Panasonic Electric Works Co., Ltd. |
61,000 | 731,033 | |||
| Sankyo Co., Ltd. |
6,200 | 389,166 | |||
| Sekisui Chemical Co., Ltd. |
40,000 | 233,205 | |||
| Sekisui House Ltd. |
36,000 | 325,683 | |||
| Shikoku Electric Power Co., Inc. |
9,400 | 287,664 | |||
| Shionogi & Co., Ltd. |
18,000 | 427,207 | |||
| Shiseido Co., Ltd. |
30,000 | 524,376 | |||
| Shizuoka Bank Ltd. (The) |
44,000 | 465,874 | |||
| Showa Shell Sekiyu K.K. |
37,700 | 413,064 | |||
| Sompo Japan Insurance, Inc. |
74,000 | 499,201 | |||
| Stanley Electric Co., Ltd. |
8,500 | 172,782 | |||
| Sumitomo Chemical Co., Ltd. |
91,000 | 380,119 | |||
| Sumitomo Realty & Development Co., Ltd. |
16,000 | 293,606 | |||
| Sumitomo Rubber Industries, Inc. |
16,200 | 153,252 | |||
| TDK Corp. |
12,100 | 701,390 | |||
| TonenGeneral Sekiyu K.K. |
52,104 | 510,361 | |||
| Toppan Printing Co., Ltd. |
43,000 | 408,220 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 53 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International MidCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Toray Industries, Inc. |
70,000 | $ | 425,308 | ||
| Toyota Tsusho Corp. |
24,900 | 376,552 | |||
| Trend Micro, Inc. |
11,000 | 411,571 | |||
| Yamaha Corp. |
19,500 | 231,295 | |||
| Yamato Holdings Co., Ltd. |
36,000 | 593,064 | |||
| Total Japan | 23,314,329 | ||||
| Netherlands – 3.0% | |||||
| Corio N.V. |
8,140 | 560,764 | |||
| Fugro N.V. CVA |
7,248 | 418,108 | |||
| Koninklijke Boskalis Westminster N.V. |
14,450 | 492,977 | |||
| Koninklijke DSM N.V. |
15,353 | 640,704 | |||
| SBM Offshore N.V. |
15,587 | 331,044 | |||
| STMicroelectronics N.V. |
63,646 | 599,029 | |||
| Wereldhave N.V. |
3,056 | 300,626 | |||
| Wolters Kluwer N.V. |
26,262 | 560,261 | |||
| Total Netherlands | 3,903,513 | ||||
| New Zealand – 0.9% | |||||
| Contact Energy Ltd.* |
39,606 | 165,029 | |||
| Fletcher Building Ltd. |
67,461 | 407,491 | |||
| Telecom Corp. of New Zealand Ltd. |
305,721 | 588,282 | |||
| Total New Zealand | 1,160,802 | ||||
| Norway – 0.5% | |||||
| Fred Olsen Energy ASA |
16,826 | 624,635 | |||
| Portugal – 2.1% | |||||
| Banco BPI S.A. Registered Shares |
74,354 | 262,144 | |||
| Banco Comercial Portugues S.A. Class R |
199,740 | 295,171 | |||
| Banco Espirito Santo S.A. |
82,816 | 587,103 | |||
| Brisa Auto-Estradas de Portugal S.A. |
60,647 | 596,599 | |||
| Cimpor Cimentos de Portugal SGPS S.A. |
52,017 | 429,208 | |||
| Jeronimo Martins, SGPS, S.A. |
29,208 | 255,520 | |||
| Sonae |
185,284 | 255,934 | |||
| Total Portugal | 2,681,679 | ||||
| Singapore – 3.2% | |||||
| Cosco Corp. Singapore Ltd. |
347,000 | 295,518 | |||
| Fraser and Neave Ltd. |
106,402 | 299,788 | |||
| Jardine Cycle & Carriage Ltd. |
25,904 | 446,732 | |||
| SembCorp Industries Ltd. |
153,000 | 368,099 | |||
| SembCorp Marine Ltd. |
184,360 | 416,071 | |||
| SIA Engineering Co., Ltd. |
167,536 | 305,573 | |||
| Singapore Exchange Ltd. |
115,000 | 687,201 | |||
| Singapore Press Holdings Ltd. |
127,148 | 348,313 | |||
| Singapore Technologies Engineering Ltd. |
320,000 | 624,534 | |||
| StarHub Ltd. |
231,594 | 356,665 | |||
| Total Singapore | 4,148,494 | ||||
| Spain – 5.5% | |||||
| Acerinox S.A. |
17,264 | 370,699 | |||
| Antena 3 de Television S.A.(a) |
31,716 | 335,178 | |||
| Banco Pastor S.A. |
66,222 | 542,061 | |||
| Bankinter, S.A.(a) |
31,317 | 394,819 | |||
| Bolsas y Mercados Espanoles |
14,407 | 560,372 | |||
| Enagas |
18,511 | 386,381 | |||
| Investments | Shares | U.S. $ Value | |||
| Fomento de Construcciones y Contratas S.A.(a) |
14,869 | $ | 695,488 | ||
| Gestevision Telecinco S.A. |
49,958 | 629,463 | |||
| Grupo Catalana Occidente S.A. |
10,436 | 255,510 | |||
| Grupo Ferrovial, S.A.(a) |
22,178 | 1,059,731 | |||
| Indra Sistemas S.A. |
16,192 | 403,300 | |||
| Red Electrica Corp. S.A. |
7,738 | 395,533 | |||
| Sociedad General de Aguas de Barcelona S.A. Class A |
9,638 | 248,087 | |||
| Tecnicas Reunidas, S.A. |
5,151 | 281,292 | |||
| Zardoya Otis, S.A. |
23,787 | 515,631 | |||
| Total Spain | 7,073,545 | ||||
| Sweden – 4.7% | |||||
| AB Volvo Class A |
57,591 | 514,731 | |||
| Alfa Laval AB |
26,415 | 308,994 | |||
| Assa Abloy AB Class B |
22,635 | 366,738 | |||
| Atlas Copco AB Class B |
33,854 | 384,878 | |||
| Hakon Invest AB |
21,495 | 333,513 | |||
| Ratos AB Class B |
14,943 | 356,862 | |||
| Scania AB Class B |
35,149 | 434,785 | |||
| Securitas AB Class B |
36,173 | 348,133 | |||
| Skanska AB Class B |
46,271 | 676,909 | |||
| SKF AB Class B |
27,900 | 436,882 | |||
| SSAB AB Class A |
19,945 | 308,038 | |||
| Svenska Cellulosa AB Class B |
41,638 | 562,688 | |||
| Swedish Match AB |
19,962 | 399,648 | |||
| Tele2 AB Class B |
45,656 | 603,928 | |||
| Total Sweden | 6,036,727 | ||||
| Switzerland – 2.6% | |||||
| Baloise Holding AG |
4,326 | 412,735 | |||
| BKW FMB Energie AG |
2,644 | 229,071 | |||
| Ems-Chemie Holding AG |
3,374 | 374,907 | |||
| Geberit AG |
3,297 | 505,838 | |||
| Partners Group Holding AG |
2,647 | 322,441 | |||
| Schindler Holding AG |
4,732 | 332,902 | |||
| Schindler Holding AG Participating Shares |
4,049 | 277,243 | |||
| Sulzer AG |
3,347 | 288,687 | |||
| Swatch Group AG (The) |
5,629 | 255,506 | |||
| Swatch Group AG (The) Class B |
1,565 | 368,155 | |||
| Total Switzerland | 3,367,485 | ||||
| United Kingdom – 16.0% | |||||
| Admiral Group PLC |
23,020 | 425,973 | |||
| Amlin PLC |
35,485 | 217,648 | |||
| Ashmore Group PLC |
74,861 | 300,041 | |||
| Balfour Beatty PLC |
34,538 | 177,868 | |||
| British Land Co. PLC |
57,340 | 435,790 | |||
| Bunzl PLC |
25,033 | 254,032 | |||
| Burberry Group PLC |
26,475 | 213,196 | |||
| Cable & Wireless PLC |
216,459 | 496,788 | |||
| Capita Group PLC (The) |
18,970 | 219,204 | |||
| Carillion PLC |
45,905 | 202,194 | |||
| Close Brothers Group PLC |
16,467 | 209,639 | |||
| Cobham PLC |
59,001 | 206,561 | |||
See Notes to Financial Statements.
| 54 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International MidCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Daily Mail & General Trust N.V. Class A |
34,068 | $ | 250,203 | ||
| Drax Group PLC |
58,023 | 437,548 | |||
| Firstgroup PLC |
36,824 | 243,646 | |||
| Friends Provident Group PLC |
202,790 | 269,844 | |||
| G4S PLC |
73,721 | 260,100 | |||
| Hammerson PLC |
35,437 | 223,474 | |||
| Hays PLC |
177,282 | 294,877 | |||
| Home Retail Group PLC |
84,239 | 366,325 | |||
| ICAP PLC |
43,609 | 294,817 | |||
| IMI PLC |
41,527 | 297,279 | |||
| Inmarsat PLC |
29,441 | 259,682 | |||
| Intercontinental Hotels Group PLC |
18,981 | 246,653 | |||
| International Power PLC |
108,035 | 499,351 | |||
| Investec PLC |
46,685 | 341,969 | |||
| Johnson Matthey PLC |
11,328 | 251,470 | |||
| Kingfisher PLC |
104,703 | 356,515 | |||
| Ladbrokes PLC |
72,072 | 216,013 | |||
| Land Securities Group PLC |
85,405 | 853,703 | |||
| Legal & General Group PLC |
586,780 | 823,974 | |||
| London Stock Exchange Group PLC |
17,918 | 245,305 | |||
| Man Group PLC |
222,339 | 1,177,740 | |||
| Marks & Spencer Group PLC |
145,004 | 839,754 | |||
| Meggitt PLC |
65,396 | 243,802 | |||
| Next PLC |
11,870 | 340,198 | |||
| Northumbrian Water Group PLC |
42,551 | 167,821 | |||
| Pennon Group PLC |
20,813 | 158,314 | |||
| Provident Financial PLC |
19,403 | 281,772 | |||
| RSA Insurance Group PLC |
295,606 | 632,576 | |||
| Sage Group PLC (The) |
109,708 | 409,527 | |||
| Schroders PLC |
15,407 | 269,328 | |||
| Segro PLC |
178,216 | 1,047,484 | |||
| Severn Trent PLC |
18,918 | 293,639 | |||
| Smith & Nephew PLC |
79,261 | 710,524 | |||
| Smiths Group PLC |
30,529 | 433,824 | |||
| Standard Life PLC |
204,013 | 714,571 | |||
| Tate & Lyle PLC |
59,632 | 403,235 | |||
| Thomas Cook Group PLC |
61,381 | 228,048 | |||
| Tomkins PLC |
90,227 | 272,158 | |||
| TUI Travel PLC |
66,721 | 271,684 | |||
| United Utilities Group PLC |
91,609 | 668,987 | |||
| Vedanta Resources PLC |
9,406 | 286,127 | |||
| Whitbread PLC |
13,053 | 253,856 | |||
| Total United Kingdom | 20,496,651 | ||||
| TOTAL COMMON STOCKS (Cost: $140,677,022) |
128,133,422 | ||||
| Investments | Shares | U.S. $ Value | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.4% | ||||||
| MONEY MARKET FUND – 3.4% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(b) (Cost: $4,394,039)(c) |
4,394,039 | $ | 4,394,039 | |||
| TOTAL INVESTMENTS IN SECURITIES –103.1% (Cost: $145,071,061)(d) |
132,527,461 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (3.1)% |
(3,993,954 | ) | ||||
| NET ASSETS – 100.0% | $ | 128,533,507 | ||||
RSP – Risparmio Italian Savings Shares
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Interest rate shown reflects yield as of September 30, 2009. |
| (c) | At September 30, 2009, the total market value of the Fund’s securities on loan was $4,192,410 and the total market value of the collateral held by the Fund was $4,394,039. |
| (d) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 55 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.2% | |||||
| Australia – 14.7% | |||||
| Adelaide Brighton Ltd. |
494,465 | $ | 1,217,529 | ||
| Ansell Ltd. |
76,568 | 675,751 | |||
| APN News & Media Ltd. |
1,078,325 | 1,960,452 | |||
| Ausenco Ltd. |
133,697 | 689,087 | |||
| Austbrokers Holdings Ltd. |
77,202 | 330,453 | |||
| Austereo Group Ltd. |
250,711 | 323,047 | |||
| Australian Infrastructure Fund |
586,226 | 835,559 | |||
| Bank of Queensland Ltd. |
163,173 | 1,718,020 | |||
| Bendigo and Adelaide Bank Ltd.(a) |
423,774 | 3,515,617 | |||
| Bradken Ltd. |
176,998 | 1,029,421 | |||
| Cabcharge Australia Ltd.(a) |
114,220 | 573,580 | |||
| Campbell Brothers Ltd. |
40,016 | 1,045,004 | |||
| Centennial Coal Co., Ltd. |
535,292 | 1,521,199 | |||
| Challenger Financial Services Group Ltd. |
540,715 | 1,627,280 | |||
| ConnectEast Group(b) |
4,189,775 | 1,331,167 | |||
| Consolidated Media Holdings Ltd. |
647,962 | 1,698,421 | |||
| Corporate Express Australia Ltd. |
198,443 | 716,306 | |||
| Crane Group Ltd. |
78,315 | 758,213 | |||
| David Jones Ltd. |
493,351 | 2,542,777 | |||
| Downer EDI Ltd. |
198,393 | 1,434,002 | |||
| Emeco Holdings Ltd. |
1,506,213 | 1,163,145 | |||
| Envestra Ltd.(b) |
1,491,340 | 756,805 | |||
| FKP Property Group(b) |
1,121,722 | 752,382 | |||
| Flight Centre Ltd.(a) |
114,206 | 1,506,848 | |||
| Gloucester Coal Ltd. |
146,786 | 817,435 | |||
| Goodman Fielder Ltd.(a) |
1,807,317 | 2,663,730 | |||
| GUD Holdings Ltd. |
134,015 | 1,031,358 | |||
| Gunns Ltd. |
809,707 | 861,101 | |||
| GWA International Ltd.(a) |
405,804 | 988,473 | |||
| Hastie Group Ltd. |
482,421 | 949,446 | |||
| Hastings Diversified Utilities Fund(b) |
743,137 | 636,180 | |||
| Healthscope Ltd. |
238,910 | 1,009,972 | |||
| Hills Industries Ltd. |
320,243 | 542,651 | |||
| Invocare Ltd. |
129,379 | 696,519 | |||
| Iress Market Technology Ltd. |
113,718 | 852,072 | |||
| JB Hi-Fi Ltd. |
45,839 | 803,441 | |||
| Macmahon Holdings Ltd. |
1,691,555 | 1,022,624 | |||
| Monadelphous Group Ltd. |
87,041 | 1,027,826 | |||
| Peet Ltd. |
138,215 | 223,226 | |||
| Perpetual Ltd. |
29,192 | 1,008,380 | |||
| Premier Investments Ltd. |
155,812 | 1,193,603 | |||
| Seek Ltd. |
118,733 | 577,381 | |||
| Seven Network Ltd. |
199,590 | 1,106,211 | |||
| Sigma Pharmaceuticals Ltd. |
1,158,182 | 1,086,748 | |||
| Spotless Group Ltd. |
322,460 | 714,314 | |||
| Sunland Group Ltd. |
799,482 | 582,106 | |||
| Ten Network Holdings Ltd.(a) |
632,324 | 809,184 | |||
| Tower Australia Group Ltd. |
172,620 | 431,139 | |||
| Transfield Services Ltd.(a) |
189,660 | 711,384 | |||
| United Group Ltd. |
143,018 | 1,870,589 | |||
| West Australian Newspapers Holdings Ltd.(a) |
346,503 | 2,308,837 | |||
| Wotif.com Holdings Ltd. |
242,703 | 1,180,229 | |||
| Total Australia | 57,428,224 | ||||
| Investments | Shares | U.S. $ Value | |||
| Austria – 0.7% | |||||
| Flughafen Wien AG |
20,839 | $ | 1,081,343 | ||
| Schoeller-Bleckmann Oilfield Equipment AG |
19,028 | 911,439 | |||
| Semperit AG Holding |
17,264 | 652,319 | |||
| Total Austria | 2,645,101 | ||||
| Belgium – 2.0% | |||||
| Compagnie d’Entreprises CFE |
11,325 | 628,215 | |||
| Compagnie Maritime Belge S.A. |
47,300 | 1,454,672 | |||
| Euronav N.V.(a) |
143,151 | 3,077,976 | |||
| EVS Broadcast Equipment S.A. |
14,793 | 1,105,580 | |||
| Omega Pharma S.A. |
13,361 | 588,823 | |||
| Tessenderlo Chemie N.V. |
24,200 | 931,728 | |||
| Total Belgium | 7,786,994 | ||||
| Denmark – 0.6% | |||||
| A/S Dampskibsselskabet Torm |
162,481 | 1,626,995 | |||
| Auriga Industries Class B |
34,654 | 636,178 | |||
| Total Denmark | 2,263,173 | ||||
| Finland – 3.9% | |||||
| Cargotec Corp. Class B |
49,103 | 1,154,123 | |||
| Citycon Oyj |
245,423 | 1,040,331 | |||
| F-Secure Oyj |
117,776 | 500,966 | |||
| Huhtamaki Oyj |
78,701 | 1,000,824 | |||
| Kemira Oyj(a) |
64,948 | 1,038,583 | |||
| Lassila & Tikanoja Oyj |
38,559 | 924,332 | |||
| Orion Oyj Class B |
105,995 | 1,952,154 | |||
| Outotec Oyj |
35,996 | 1,143,858 | |||
| Poyry Oyj |
35,434 | 641,726 | |||
| Stockmann Oyj Abp Class B(a) |
27,618 | 727,050 | |||
| Tieto Oyj |
70,760 | 1,406,646 | |||
| Uponor Oyj |
75,300 | 1,251,450 | |||
| YIT Oyj |
121,023 | 2,301,460 | |||
| Total Finland | 15,083,503 | ||||
| France – 2.5% | |||||
| Beneteau S.A. |
69,897 | 1,204,055 | |||
| Canal Plus |
56,539 | 460,818 | |||
| Derichebourg S.A.(a) |
142,476 | 792,835 | |||
| Groupe Steria SCA |
29,233 | 1,038,336 | |||
| Havas S.A. |
192,876 | 817,306 | |||
| Ingenico |
17,180 | 477,128 | |||
| IPSOS |
15,571 | 482,628 | |||
| Rallye S.A.(a) |
56,703 | 2,013,637 | |||
| Rubis |
8,809 | 803,469 | |||
| Saft Groupe S.A. |
12,862 | 714,415 | |||
| Sechilienne-Sidec |
21,004 | 893,415 | |||
| Total France | 9,698,042 | ||||
| Germany – 3.5% | |||||
| Alstria Office REIT-AG |
87,168 | 1,004,018 | |||
| Aurubis AG |
45,970 | 1,913,695 | |||
| Bauer AG |
13,940 | 584,794 | |||
| Bechtle AG |
26,853 | 678,258 | |||
| Carl Zeiss Meditec AG |
32,336 | 525,120 | |||
See Notes to Financial Statements.
| 56 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Comdirect Bank AG |
80,609 | $ | 783,544 | ||
| CTS Eventim AG |
11,222 | 507,843 | |||
| Demag Cranes AG |
37,073 | 1,329,813 | |||
| Gerresheimer AG |
16,217 | 509,644 | |||
| Gerry Weber International AG |
13,596 | 450,527 | |||
| Gildemeister AG |
54,590 | 760,439 | |||
| H&R WASAG AG |
19,028 | 420,814 | |||
| Indus Holding AG |
39,067 | 664,122 | |||
| Kontron AG |
28,101 | 344,210 | |||
| Krones AG |
14,630 | 776,691 | |||
| MLP AG |
48,849 | 566,222 | |||
| Pfeiffer Vacuum Technology AG |
11,905 | 976,226 | |||
| Sixt AG |
20,901 | 631,184 | |||
| Total Germany | 13,427,164 | ||||
| Hong Kong – 2.1% | |||||
| China Pharmaceutical Group Ltd. |
812,000 | 456,813 | |||
| China Travel International Investment Hong Kong Ltd. |
3,130,000 | 617,919 | |||
| Citic 1616 Holdings Ltd. |
2,738,000 | 727,773 | |||
| Dah Chong Hong Holdings Ltd. |
2,938,000 | 1,232,057 | |||
| Hongkong & Shanghai Hotels (The) |
687,000 | 889,992 | |||
| Kowloon Development Co., Ltd. |
1,118,000 | 1,139,631 | |||
| RREEF China Commercial Trust |
694,034 | 255,224 | |||
| Shenzhen Investment Ltd. |
1,010,000 | 390,965 | |||
| Shougang Concord International Enterprises Co., Ltd. |
5,492,000 | 949,578 | |||
| Silver Grant International |
4,368,000 | 727,056 | |||
| Sun Hung Kai & Co., Ltd. |
228,189 | 172,539 | |||
| Vitasoy International Holdings Ltd. |
944,364 | 569,052 | |||
| Total Hong Kong | 8,128,599 | ||||
| Ireland – 0.9% | |||||
| C&C Group PLC |
200,092 | 842,326 | |||
| FBD Holdings PLC |
9,627 | 106,946 | |||
| FBD Holdings PLC Redemption Shares*† |
14,316 | — | |||
| Fyffes PLC |
71,504 | 45,172 | |||
| Glanbia PLC |
127,520 | 540,548 | |||
| Greencore Group PLC |
377,866 | 880,961 | |||
| Paddy Power PLC |
22,199 | 675,022 | |||
| United Drug PLC |
141,441 | 477,579 | |||
| Total Ireland | 3,568,554 | ||||
| Italy – 3.3% | |||||
| Autostrada Torino-Milano SpA(a) |
51,313 | 658,912 | |||
| Azimut Holding SpA |
38,850 | 490,356 | |||
| Banca Popolare dell’Etruria e del Lazio |
68,430 | 470,864 | |||
| Banca Profilo SpA* |
297,005 | 481,453 | |||
| Biesse SpA* |
61,542 | 512,749 | |||
| Brembo SpA |
58,241 | 482,692 | |||
| Buzzi Unicem SpA RSP |
59,407 | 637,805 | |||
| Cairo Communication SpA |
108,338 | 377,287 | |||
| Cementir Holding SpA |
99,376 | 519,297 | |||
| Enia SpA |
68,071 | 533,317 | |||
| Fiat SpA RSP |
84,826 | 649,708 | |||
| Investments | Shares | U.S. $ Value | |||
| Fondiaria-Sai SpA RSP |
89,116 | $ | 1,204,261 | ||
| Immobiliare Grande Distribuzione |
216,261 | 425,482 | |||
| Impregilo SpA |
215,637 | 942,438 | |||
| Industria Macchine Automatiche SpA |
23,698 | 432,992 | |||
| Italcementi SpA RSP |
91,230 | 769,434 | |||
| Maire Tecnimont SpA |
248,179 | 1,204,374 | |||
| MARR SpA |
49,135 | 443,133 | |||
| Piaggio & C. SpA |
234,670 | 509,723 | |||
| Recordati SpA |
173,445 | 1,225,791 | |||
| Total Italy | 12,972,068 | ||||
| Japan – 27.9% | |||||
| ADEKA Corp. |
92,500 | 927,738 | |||
| Aica Kogyo Co., Ltd. |
87,100 | 932,919 | |||
| Amano Corp. |
111,200 | 966,255 | |||
| Avex Group Holdings, Inc.(a) |
91,400 | 850,351 | |||
| Canon Electronics, Inc. |
43,200 | 807,693 | |||
| Capcom Co., Ltd. |
35,400 | 697,444 | |||
| Central Glass Co., Ltd. |
236,000 | 1,051,700 | |||
| Century Tokyo Leasing Corp. |
52,710 | 577,523 | |||
| Circle K Sunkus Co., Ltd. |
70,300 | 1,063,902 | |||
| Daifuku Co., Ltd. |
116,000 | 778,645 | |||
| Daishi Bank Ltd. (The) |
175,000 | 709,499 | |||
| DCM Japan Holdings Co., Ltd. |
120,100 | 822,263 | |||
| Denki Kagaku Kogyo K.K. |
329,000 | 1,359,580 | |||
| DIC Corp. |
631,000 | 902,083 | |||
| DOWA Holdings Co., Ltd. |
175,000 | 1,063,271 | |||
| Duskin Co., Ltd. |
46,400 | 874,259 | |||
| Ezaki Glico Co., Ltd. |
75,000 | 836,824 | |||
| Fancl Corp. |
71,600 | 1,137,955 | |||
| Fukuyama Transporting Co., Ltd.(a) |
245,000 | 1,310,717 | |||
| Fuyo General Lease Co., Ltd. |
28,400 | 640,733 | |||
| Goldcrest Co., Ltd. |
49,190 | 1,491,605 | |||
| Gunze Ltd. |
181,000 | 830,859 | |||
| H2O Retailing Corp.(a) |
135,000 | 850,394 | |||
| Hanwa Co., Ltd. |
203,000 | 734,595 | |||
| Heiwa Corp. |
126,800 | 1,402,044 | |||
| Heiwa Real Estate Co., Ltd. |
166,000 | 571,039 | |||
| Hikari Tsushin, Inc. |
39,500 | 865,131 | |||
| Hitachi Cable Ltd. |
277,000 | 813,659 | |||
| Hitachi Capital Corp. |
68,800 | 846,793 | |||
| Hitachi Koki Co., Ltd. |
115,200 | 1,300,801 | |||
| Hitachi Kokusai Electric, Inc. |
128,000 | 997,867 | |||
| Hitachi Maxell Ltd. |
66,100 | 1,280,879 | |||
| Hitachi Software Engineering Co., Ltd. |
40,800 | 1,205,294 | |||
| Hitachi Transport System Ltd. |
82,000 | 1,142,972 | |||
| Hokkoku Bank Ltd. (The) |
173,000 | 724,577 | |||
| Hokuetsu Kishu Paper Co., Ltd. |
205,500 | 1,087,921 | |||
| Hyakugo Bank Ltd. (The) |
147,000 | 758,519 | |||
| Hyakujushi Bank Ltd. (The) |
139,000 | 630,301 | |||
| IBJ Leasing Co., Ltd. |
43,700 | 632,060 | |||
| Inaba Denki Sangyo Co., Ltd. |
19,600 | 470,654 | |||
| IT Holdings Corp. |
39,600 | 547,991 | |||
| Ito En Ltd. |
78,100 | 1,449,737 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 57 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Izumi Co., Ltd. |
45,400 | $ | 633,323 | ||
| Japan Securities Finance Co., Ltd. |
86,400 | 644,611 | |||
| JFE Shoji Holdings, Inc. |
191,000 | 699,704 | |||
| Juroku Bank Ltd. (The) |
200,000 | 685,765 | |||
| Kaken Pharmaceutical Co., Ltd. |
139,000 | 1,308,728 | |||
| Kandenko Co., Ltd. |
120,000 | 832,300 | |||
| Keiyo Bank Ltd. (The) |
120,000 | 615,178 | |||
| Kiyo Holdings, Inc. |
575,000 | 732,116 | |||
| Kokuyo Co., Ltd. |
71,900 | 659,294 | |||
| Komeri Co., Ltd. |
30,700 | 912,068 | |||
| Komori Corp. |
64,200 | 781,571 | |||
| Kose Corp. |
31,700 | 775,373 | |||
| KUREHA Corp. |
142,000 | 877,043 | |||
| Kyowa Exeo Corp. |
85,000 | 836,377 | |||
| Lion Corp. |
158,000 | 822,338 | |||
| Meitec Corp.(a) |
35,200 | 599,149 | |||
| Miraca Holdings, Inc. |
43,900 | 1,436,611 | |||
| Miura Co., Ltd. |
41,000 | 1,163,121 | |||
| Mochida Pharmaceutical Co., Ltd. |
93,000 | 986,765 | |||
| Moshi Moshi Hotline, Inc. |
28,700 | 561,595 | |||
| Musashino Bank Ltd. (The) |
21,800 | 661,049 | |||
| Nagase & Co., Ltd. |
77,000 | 954,599 | |||
| NHK Spring Co., Ltd. |
162,000 | 1,340,727 | |||
| Nichirei Corp. |
240,000 | 951,583 | |||
| Nidec Sankyo Corp. |
136,000 | 773,150 | |||
| Nifco, Inc. |
62,100 | 1,242,208 | |||
| Nippon Kayaku Co., Ltd. |
163,000 | 1,447,311 | |||
| Nippon Paint Co., Ltd. |
181,000 | 986,519 | |||
| Nippon Shokubai Co., Ltd. |
121,000 | 1,074,384 | |||
| Nippon Suisan Kaisha Ltd.(a) |
359,400 | 1,071,757 | |||
| Nissin Kogyo Co., Ltd. |
68,300 | 998,545 | |||
| NOF Corp. |
225,000 | 1,130,843 | |||
| NS Solutions Corp. |
43,700 | 802,887 | |||
| Ogaki Kyoritsu Bank Ltd. (The) |
123,000 | 424,493 | |||
| Okasan Securities Group, Inc. |
6,000 | 26,805 | |||
| Okinawa Electric Power Co., Inc. (The) |
19,500 | 1,167,365 | |||
| Okumura Corp. |
223,000 | 841,838 | |||
| Onward Holdings Co., Ltd. |
158,000 | 1,178,802 | |||
| OSAKA Titanium Technologies Co.(a) |
18,600 | 533,892 | |||
| Otsuka Corp. |
14,400 | 863,662 | |||
| PanaHome Corp. |
134,000 | 820,149 | |||
| Park24 Co., Ltd. |
184,400 | 2,129,554 | |||
| Plenus Co., Ltd. |
47,000 | 705,512 | |||
| Point, Inc. |
24,230 | 1,607,485 | |||
| Rengo Co., Ltd. |
146,000 | 896,856 | |||
| Resorttrust, Inc. |
66,600 | 862,114 | |||
| Ryohin Keikaku Co., Ltd. |
14,900 | 773,831 | |||
| Ryosan Co., Ltd. |
26,700 | 688,859 | |||
| Saibu Gas Co., Ltd. |
189,000 | 538,281 | |||
| Sangetsu Co., Ltd. |
36,100 | 812,437 | |||
| Sankyu, Inc. |
217,000 | 937,946 | |||
| Sanwa Holdings Corp. |
272,000 | 938,717 | |||
| Sanyo Shokai Ltd. |
196,000 | 645,781 | |||
| Seino Holdings Corp. |
131,000 | 1,136,840 | |||
| Investments | Shares | U.S. $ Value | |||
| Shimachu Co., Ltd. |
27,200 | $ | 715,430 | ||
| Sohgo Security Services Co., Ltd. |
58,700 | 698,224 | |||
| Star Micronics Co., Ltd. |
78,300 | 730,223 | |||
| Sumitomo Bakelite Co., Ltd. |
215,000 | 1,143,017 | |||
| Sumitomo Osaka Cement Co., Ltd. |
428,000 | 812,643 | |||
| Sumitomo Real Estate Sales Co., Ltd. |
21,760 | 780,137 | |||
| Sumitomo Warehouse Co., Ltd. (The) |
190,000 | 920,981 | |||
| Tadano Ltd. |
135,000 | 666,443 | |||
| Taiyo Ink Manufacturing Co., Ltd. |
38,000 | 971,910 | |||
| Takara Holdings, Inc.(a) |
151,000 | 1,047,311 | |||
| Takasago Thermal Engineering Co., Ltd. |
107,000 | 930,954 | |||
| Takefuji Corp.(a) |
225,310 | 795,197 | |||
| Toagosei Co., Ltd. |
294,000 | 1,001,508 | |||
| Toda Corp. |
215,000 | 761,211 | |||
| Tokai Carbon Co., Ltd. |
118,000 | 558,798 | |||
| Tokai Rika Co., Ltd. |
52,000 | 935,634 | |||
| Tokai Rubber Industries, Inc. |
82,900 | 917,562 | |||
| Tokyo Tomin Bank Ltd. (The) |
46,000 | 752,667 | |||
| Toppan Forms Co., Ltd. |
67,200 | 924,671 | |||
| Toshiba Machine Co., Ltd. |
190,000 | 702,407 | |||
| Toyo Corp. |
72,600 | 746,799 | |||
| Toyo Ink Manufacturing Co., Ltd. |
277,000 | 1,039,504 | |||
| Toyobo Co., Ltd. |
391,000 | 672,519 | |||
| Yaskawa Electric Corp. |
120,000 | 868,487 | |||
| Yokogawa Electric Corp. |
153,500 | 1,362,959 | |||
| Total Japan | 108,934,053 | ||||
| Netherlands – 3.8% | |||||
| Aalberts Industries N.V. |
86,956 | 1,168,082 | |||
| Arcadis N.V. |
49,623 | 909,213 | |||
| BinckBank N.V. |
62,618 | 1,107,497 | |||
| CSM |
55,524 | 1,400,000 | |||
| Eurocommercial Properties N.V. |
39,674 | 1,569,249 | |||
| Exact Holding N.V. |
24,360 | 638,434 | |||
| Grontmij CVA |
23,203 | 627,443 | |||
| Kardan N.V.*(a) |
110,551 | 706,320 | |||
| Koninklijke BAM Groep N.V. |
179,177 | 2,066,153 | |||
| Mediq N.V. |
41,994 | 693,931 | |||
| Nutreco Holding N.V. |
27,542 | 1,338,180 | |||
| Sligro Food Group N.V. |
25,404 | 740,432 | |||
| Smit Internationale N.V. |
14,491 | 1,118,806 | |||
| TKH Group N.V. |
30,433 | 507,117 | |||
| Wavin N.V. |
147,366 | 319,876 | |||
| Total Netherlands | 14,910,733 | ||||
| New Zealand – 2.1% | |||||
| Auckland International Airport Ltd. |
720,257 | 969,123 | |||
| Fisher & Paykel Healthcare Corp., Ltd. |
638,826 | 1,515,776 | |||
| Freightways Ltd. |
168,488 | 374,184 | |||
| Infratil Ltd. |
471,394 | 572,891 | |||
| Mainfreight Ltd. |
197,522 | 760,161 | |||
| Sky City Entertainment Group Ltd. |
618,996 | 1,455,291 | |||
| Sky Network Television Ltd. |
228,733 | 784,306 | |||
| Tower Ltd. |
195,412 | 236,073 | |||
See Notes to Financial Statements.
| 58 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree International SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Vector Ltd. |
770,448 | $ | 1,053,377 | ||
| Warehouse Group Ltd. (The) |
170,333 | 517,519 | |||
| Total New Zealand | 8,238,701 | ||||
| Norway – 0.6% | |||||
| Kongsberg Gruppen AS |
48,726 | 617,231 | |||
| Sparebank 1 SMN |
80,948 | 676,624 | |||
| Veidekke ASA |
131,690 | 980,475 | |||
| Total Norway | 2,274,330 | ||||
| Portugal – 1.1% | |||||
| BANIF SGPS S.A.(a) |
391,979 | 784,949 | |||
| Mota Engil, SGPS, S.A.(a) |
181,751 | 1,009,529 | |||
| Portucel-Empresa Produtora De Pasta e Papel, S.A. |
233,484 | 716,013 | |||
| REN - Redes Energeticas Nacionais S.A. |
160,785 | 704,353 | |||
| Semapa-Sociedade de Investimento e Gestao |
100,050 | 1,130,459 | |||
| Total Portugal | 4,345,303 | ||||
| Singapore – 5.8% | |||||
| Allgreen Properties Ltd. |
969,000 | 777,098 | |||
| Cityspring Infrastructure Trust |
1,357,360 | 553,906 | |||
| CSE Global Ltd.(a) |
1,536,000 | 866,626 | |||
| First Ship Lease Trust* |
1,851,000 | 794,759 | |||
| Goodpack Ltd.(a) |
464,000 | 332,593 | |||
| Guocoland Ltd. |
411,102 | 636,033 | |||
| Hi-P International Ltd. |
799,000 | 405,440 | |||
| Hong Leong Asia Ltd. |
647,000 | 987,225 | |||
| Hyflux Ltd.(a) |
431,000 | 932,934 | |||
| Jaya Holdings Ltd.(a) |
3,420,000 | 1,116,497 | |||
| K1 Ventures Ltd. |
3,628,000 | 489,209 | |||
| Kim Eng Holdings Ltd. |
401,000 | 569,178 | |||
| KS Energy Services Ltd. |
760,000 | 658,032 | |||
| Lippo-Mapletree Indonesia Retail Trust |
1,510,650 | 493,168 | |||
| MobileOne Ltd. |
1,033,800 | 1,298,624 | |||
| Pacific Century Regional Developments Ltd. |
1,552,000 | 253,334 | |||
| Parkway Life Real Estate Investment Trust |
468,830 | 385,964 | |||
| Singapore Airport Terminal Services Ltd. |
723,000 | 1,159,632 | |||
| Singapore Post Ltd. |
2,128,000 | 1,396,970 | |||
| Straits Asia Resources Ltd. |
1,350,000 | 2,040,737 | |||
| Tat Hong Holdings Ltd. |
1,208,000 | 900,181 | |||
| United Engineers Ltd. |
592,000 | 714,240 | |||
| UOB-Kay Hian Holdings Ltd. |
535,000 | 573,330 | |||
| Venture Corp., Ltd. |
349,000 | 2,226,685 | |||
| Wheelock Properties Singapore Ltd. |
854,000 | 1,066,704 | |||
| Wing Tai Holdings Ltd. |
660,000 | 786,913 | |||
| Total Singapore | 22,416,012 | ||||
| Spain – 1.9% | |||||
| Campofrio Food S.A. |
49,220 | 513,686 | |||
| Duro Felguera S.A. |
90,188 | 961,025 | |||
| FAES FARMA S.A. |
68,148 | 435,304 | |||
| Grupo Empresarial Ence S.A.* |
163,952 | 740,514 | |||
| La Seda de Barcelona S.A. Class B*(a)† |
160,685 | — | |||
| NH Hoteles S.A.* |
240,380 | 1,589,919 | |||
| Sol Melia S.A. |
121,250 | 1,222,895 | |||
| Investments | Shares | U.S. $ Value | |||
| Tubacex S.A. |
137,512 | $ | 678,379 | ||
| Tubos Reunidos S.A. |
178,715 | 637,396 | |||
| Viscofan S.A. |
32,592 | 791,772 | |||
| Total Spain | 7,570,890 | ||||
| Sweden – 5.8% | |||||
| AarhusKarlshamn AB |
40,343 | 773,070 | |||
| Avanza Bank Holding AB |
29,344 | 604,265 | |||
| Axfood AB |
40,350 | 1,113,645 | |||
| Cardo AB |
23,969 | 584,413 | |||
| Castellum AB |
150,620 | 1,453,892 | |||
| Clas Ohlson AB Class B(a) |
67,450 | 1,200,873 | |||
| Elekta AB Class B |
27,475 | 530,417 | |||
| Fabege AB |
197,022 | 1,155,166 | |||
| Hufvudstaden AB Class A |
111,065 | 889,429 | |||
| Intrum Justitia AB |
78,608 | 876,813 | |||
| KappAhl Holding AB |
214,549 | 1,521,787 | |||
| Klovern AB |
195,686 | 624,037 | |||
| Kungsleden AB |
100,203 | 663,449 | |||
| Lindab International AB |
68,855 | 849,260 | |||
| Loomis AB Class B |
56,315 | 551,646 | |||
| Mekonomen AB |
37,288 | 682,535 | |||
| NCC AB Class B |
75,940 | 1,153,839 | |||
| Peab AB |
328,588 | 2,241,382 | |||
| Saab AB Class B |
61,385 | 732,984 | |||
| Seco Tools Class B |
81,506 | 1,130,595 | |||
| SkiStar AB |
20,935 | 377,215 | |||
| SSAB AB Class B |
60,362 | 850,248 | |||
| Svenska Handelsbanken AB Class B |
17,858 | 452,014 | |||
| Wallenstam AB Class B |
41,842 | 662,677 | |||
| Wihlborgs Fastigheter AB |
46,567 | 860,706 | |||
| Total Sweden | 22,536,357 | ||||
| Switzerland – 0.2% | |||||
| Bucher Industries AG |
7,125 | 791,705 | |||
| United Kingdom – 15.8% | |||||
| Arriva PLC |
148,329 | 1,187,336 | |||
| Ashtead Group PLC |
493,471 | 678,740 | |||
| Atkins WS PLC |
83,227 | 835,925 | |||
| BBA Aviation PLC |
351,811 | 890,705 | |||
| BlueBay Asset Management PLC |
104,668 | 493,832 | |||
| Bodycote PLC |
264,818 | 705,189 | |||
| Brewin Dolphin Holdings PLC |
246,793 | 643,375 | |||
| Brit Insurance Holdings PLC |
396,739 | 1,293,796 | |||
| Britvic PLC |
170,026 | 958,557 | |||
| Carpetright PLC |
66,400 | 850,106 | |||
| Chaucer Holdings PLC |
1,209,951 | 933,703 | |||
| Chemring Group PLC |
11,103 | 433,995 | |||
| Cineworld Group PLC |
198,332 | 513,075 | |||
| Computacenter PLC |
175,643 | 899,489 | |||
| Croda International PLC |
71,317 | 748,239 | |||
| Dairy Crest Group PLC |
160,277 | 983,060 | |||
| Davis Service Group PLC |
178,648 | 1,146,026 | |||
| De La Rue PLC |
65,076 | 934,632 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 59 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| DS Smith PLC |
671,552 | $ | 1,152,452 | ||
| Electrocomponents PLC |
639,873 | 1,571,913 | |||
| Euromoney Institutional Investor PLC |
81,829 | 488,550 | |||
| F&C Asset Management PLC |
667,550 | 827,426 | |||
| Filtrona PLC |
252,312 | 681,167 | |||
| Forth Ports PLC |
17,295 | 334,142 | |||
| Game Group PLC |
217,541 | 555,635 | |||
| Go-Ahead Group PLC |
35,479 | 804,621 | |||
| Great Portland Estates PLC |
125,472 | 531,183 | |||
| Greggs PLC |
77,796 | 497,941 | |||
| Halfords Group PLC |
176,521 | 994,327 | |||
| Halma PLC |
242,713 | 842,357 | |||
| HMV Group PLC |
479,244 | 804,036 | |||
| Homeserve PLC |
24,685 | 628,521 | |||
| Hunting PLC |
65,714 | 566,487 | |||
| IG Group Holdings PLC |
224,214 | 1,194,844 | |||
| Intermediate Capital Group PLC |
296,671 | 1,418,223 | |||
| Interserve PLC |
207,409 | 762,955 | |||
| ITE Group PLC |
286,921 | 560,990 | |||
| Jardine Lloyd Thompson Group PLC |
160,265 | 1,244,433 | |||
| Keller Group PLC |
46,645 | 542,354 | |||
| Kesa Electricals PLC |
411,876 | 945,283 | |||
| Kier Group PLC |
43,248 | 818,266 | |||
| Laird PLC |
262,946 | 875,780 | |||
| Marshalls PLC |
295,552 | 589,682 | |||
| Marston’s PLC |
525,982 | 818,937 | |||
| Melrose PLC |
507,089 | 1,500,374 | |||
| Michael Page International PLC |
184,646 | 988,119 | |||
| Micro Focus International PLC |
116,839 | 664,310 | |||
| Millennium & Copthorne Hotels PLC |
124,300 | 739,533 | |||
| Mitie Group PLC |
178,391 | 719,836 | |||
| Mondi PLC |
257,188 | 1,270,610 | |||
| Moneysupermarket.com Group PLC |
469,456 | 605,165 | |||
| Morgan Crucible Co. |
373,898 | 1,027,951 | |||
| Morgan Sindall PLC |
50,855 | 540,471 | |||
| Mothercare PLC |
67,762 | 610,694 | |||
| N. Brown Group PLC |
201,167 | 790,828 | |||
| National Express Group PLC |
160,781 | 1,229,154 | |||
| Northern Foods PLC |
735,679 | 828,921 | |||
| PayPoint PLC |
57,517 | 413,954 | |||
| Premier Farnell PLC |
384,595 | 913,427 | |||
| PV Crystalox Solar PLC |
442,800 | 524,770 | |||
| PZ Cussons PLC |
226,581 | 909,217 | |||
| Renishaw PLC |
73,009 | 645,721 | |||
| Restaurant Group PLC |
193,927 | 598,603 | |||
| Rightmove PLC |
62,061 | 550,878 | |||
| Rotork PLC |
37,603 | 680,188 | |||
| Schroders PLC Non-Voting Shares |
42,818 | 621,807 | |||
| Severfield-Rowen PLC |
193,783 | 553,219 | |||
| Shaftesbury PLC |
71,135 | 406,499 | |||
| Spectris PLC |
77,414 | 874,732 | |||
| Spirax-Sarco Engineering PLC |
50,932 | 851,237 | |||
| St. James’s Place PLC |
185,133 | 771,913 | |||
| Sthree PLC |
179,644 | 744,142 | |||
| Investments | Shares | U.S. $ Value | ||||
| Tullett Prebon PLC |
141,001 | $ | 881,293 | |||
| Ultra Electronics Holdings PLC |
24,102 | 515,766 | ||||
| Victrex PLC |
43,904 | 536,113 | ||||
| VT Group PLC |
74,606 | 672,971 | ||||
| WH Smith PLC |
106,385 | 767,362 | ||||
| Wincanton PLC |
141,669 | 535,858 | ||||
| Total United Kingdom | 61,667,921 | |||||
| TOTAL COMMON STOCKS (Cost: $382,559,666) |
386,687,427 | |||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.8% | ||||||
| MONEY MARKET FUND – 6.8% | ||||||
| Dreyfus Institutional Preferred Money Market (Cost: $26,544,234)(d) |
26,544,234 | 26,544,234 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 106.0% (Cost: $409,103,900)(e) |
413,231,661 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (6.0)% |
(23,264,157 | ) | ||||
| NET ASSETS – 100.0% | $ | 389,967,504 | ||||
RSP – Risparmio Italian Savings Shares
| * | Non-income producing security. |
| † | Security is being fair valued by a valuation committee under the direction of the Board of Trustees. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Stapled Security - A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $24,987,547 and the total market value of the collateral held by the Fund was $26,544,234. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 60 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Emerging Markets Equity Income Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.5% | |||||
| Argentina – 0.1% | |||||
| Petrobras Energia S.A., ADR* |
22,909 | $ | 410,300 | ||
| Brazil – 12.6% | |||||
| AES Tiete S.A. |
118,692 | 1,245,147 | |||
| Banco do Brasil S.A. |
811,800 | 14,303,099 | |||
| Cia de Saneamento Basico do Estado de Sao Paulo |
75,900 | 1,436,119 | |||
| Cia Energetica de Minas Gerais |
116,632 | 1,404,219 | |||
| Cia Siderurgica Nacional S.A. |
260,000 | 7,917,041 | |||
| CPFL Energia S.A. |
218,798 | 3,934,827 | |||
| EDP – Energias do Brasil S.A. |
51,800 | 846,664 | |||
| Equatorial Energia S.A. |
73,700 | 725,582 | |||
| Iochpe Maxion S.A. |
29,700 | 392,088 | |||
| Light S.A. |
192,144 | 2,664,952 | |||
| Positivo Informatica S.A. |
19,300 | 180,802 | |||
| Redecard S.A. |
186,000 | 2,859,531 | |||
| Souza Cruz S.A. |
123,220 | 4,360,007 | |||
| Tractebel Energia S.A. |
232,198 | 2,736,954 | |||
| Total Brazil | 45,007,032 | ||||
| Chile – 2.2% | |||||
| Banco de Chile |
28,329,060 | 2,239,757 | |||
| Banco Santander Chile |
52,530,510 | 2,902,449 | |||
| CorpBanca S.A. |
103,054,798 | 676,168 | |||
| Lan Airlines S.A. |
95,598 | 1,249,272 | |||
| Madeco S.A. |
12,594,910 | 830,962 | |||
| Total Chile | 7,898,608 | ||||
| China – 0.5% | |||||
| Jiangsu Expressway Co., Ltd. Class H |
394,000 | 323,332 | |||
| Shanghai Forte Land Co. Class H |
1,078,000 | 312,966 | |||
| Zhejiang Expressway Co., Ltd. Class H |
1,434,000 | 1,256,361 | |||
| Total China | 1,892,659 | ||||
| Czech Republic – 5.2% | |||||
| CEZ AS |
173,221 | 9,202,630 | |||
| Komercni Banka AS |
14,447 | 2,869,853 | |||
| Telefonica O2 Czech Republic AS |
211,948 | 5,226,137 | |||
| Unipetrol A.S.* |
156,460 | 1,273,931 | |||
| Total Czech Republic | 18,572,551 | ||||
| Hungary – 0.9% | |||||
| Magyar Telekom Telecommunications PLC |
758,057 | 3,301,740 | |||
| Indonesia – 1.1% | |||||
| Aneka Tambang Tbk PT |
6,111,000 | 1,549,089 | |||
| Astra Agro Lestari Tbk PT |
547,500 | 1,192,434 | |||
| Berlian Laju Tanker Tbk PT |
1,440,740 | 117,764 | |||
| Indo Tambangraya Megah PT |
425,700 | 1,068,104 | |||
| Total Indonesia | 3,927,391 | ||||
| Israel – 5.4% | |||||
| Alony Hetz Properties & Investments Ltd. |
33,034 | 113,539 | |||
| Bezeq Israeli Telecommunication Corp., Ltd. |
1,322,324 | 2,836,178 | |||
| Clal Industries and Investments* |
60,537 | 273,951 | |||
| Discount Investment Corp. |
154,515 | 3,477,764 | |||
| Investments | Shares | U.S. $ Value | |||
| Elbit Imaging Ltd.* |
12,331 | $ | 297,133 | ||
| Gazit-Globe Ltd. |
37,541 | 328,043 | |||
| Israel Chemicals Ltd. |
598,129 | 6,826,257 | |||
| Israel Discount Bank Ltd. Class A* |
299,162 | 563,231 | |||
| Koor Industries Ltd. |
27,231 | 800,382 | |||
| Oil Refineries Ltd. |
643,017 | 272,429 | |||
| Partner Communications Co., Ltd. |
82,705 | 1,559,273 | |||
| Shufersal Ltd. |
252,980 | 1,115,349 | |||
| Strauss Group Ltd. |
57,715 | 759,090 | |||
| Total Israel | 19,222,619 | ||||
| Malaysia – 5.7% | |||||
| Berjaya Sports Toto Bhd |
455,678 | 583,257 | |||
| British American Tobacco Malaysia Bhd |
99,800 | 1,269,920 | |||
| Gamuda Bhd |
762,800 | 698,664 | |||
| Kuala Lumpur Kepong Bhd |
363,500 | 1,449,379 | |||
| Lafarge Malayan Cement Bhd |
267,200 | 484,064 | |||
| Malaysian Bulk Carriers Bhd |
727,900 | 639,357 | |||
| Petronas Dagangan Bhd |
308,200 | 765,825 | |||
| Petronas Gas Bhd |
583,700 | 1,640,971 | |||
| Public Bank Bhd |
1,300,097 | 3,831,549 | |||
| Sime Darby Bhd |
1,973,600 | 4,847,038 | |||
| Telekom Malaysia Bhd |
1,950,800 | 1,730,412 | |||
| UMW Holdings Bhd |
408,500 | 742,405 | |||
| YTL Power International Bhd |
2,453,965 | 1,538,603 | |||
| Total Malaysia | 20,221,444 | ||||
| Mexico – 0.8% | |||||
| Grupo Aeroportuario del Centro Norte S.A.B de C.V. Class B |
142,700 | 223,373 | |||
| Grupo Aeroportuario del Pacifico S.A.B de C.V. Class B |
205,500 | 578,683 | |||
| Grupo Aeroportuario del Sureste S.A.B de C.V. Class B |
112,200 | 479,370 | |||
| Kimberly-Clark de Mexico S.A.B de C.V. Class A |
353,696 | 1,466,891 | |||
| Total Mexico | 2,748,317 | ||||
| Philippines – 1.7% | |||||
| Globe Telecom, Inc. |
58,528 | 1,210,584 | |||
| Philippine Long Distance Telephone Co. |
95,858 | 4,875,850 | |||
| Total Philippines | 6,086,434 | ||||
| Poland – 2.0% | |||||
| Cyfrowy Polsat S.A. |
85,444 | 438,658 | |||
| Polskie Gornictwo Naftowe I Gazownictwo S.A. |
1,564,766 | 1,943,540 | |||
| Telekomunikacja Polska S.A. |
775,457 | 4,227,236 | |||
| TVN S.A. |
92,139 | 449,823 | |||
| Total Poland | 7,059,257 | ||||
| Russia – 1.7% | |||||
| Mechel, ADR* |
347,326 | 6,244,921 | |||
| South Africa – 14.1% | |||||
| ABSA Group Ltd. |
228,235 | 3,614,411 | |||
| Aeci Ltd. |
31,828 | 246,979 | |||
| African Bank Investments Ltd. |
390,913 | 1,521,865 | |||
| ArcelorMittal South Africa Ltd. |
201,094 | 3,184,597 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 61 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets Equity Income Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Astral Foods Ltd. |
16,114 | $ | 221,141 | ||
| Barloworld Ltd. |
75,099 | 485,629 | |||
| FirstRand Ltd. |
1,775,003 | 3,867,410 | |||
| Foschini Ltd. |
85,853 | 702,459 | |||
| Grindrod Ltd. |
259,011 | 543,487 | |||
| Growthpoint Properties Ltd. |
661,437 | 1,178,410 | |||
| Highveld Steel And Vanadium Corp., Ltd.* |
126,344 | 1,242,181 | |||
| Impala Platinum Holdings Ltd. |
293,321 | 6,774,157 | |||
| Imperial Holdings Ltd. |
68,403 | 720,635 | |||
| Investec Ltd. |
105,668 | 796,676 | |||
| Kumba Iron Ore Ltd. |
211,233 | 6,913,333 | |||
| Lewis Group Ltd. |
34,071 | 249,502 | |||
| Massmart Holdings Ltd. |
61,652 | 716,961 | |||
| Metropolitan Holdings Ltd. |
285,081 | 481,186 | |||
| Nedbank Group Ltd.(a) |
179,159 | 2,825,404 | |||
| Pangbourne Properties Ltd. |
181,203 | 384,048 | |||
| Pretoria Portland Cement Co., Ltd. |
264,571 | 1,183,630 | |||
| Remgro Ltd. |
144,217 | 1,686,259 | |||
| Reunert Ltd. |
91,381 | 675,333 | |||
| RMB Holdings Ltd. |
409,494 | 1,476,394 | |||
| Sanlam Ltd. |
732,460 | 1,982,548 | |||
| Santam Ltd. |
31,734 | 370,631 | |||
| Sappi Ltd. |
198,404 | 740,988 | |||
| Telkom S.A. Ltd. |
593,082 | 3,382,779 | |||
| Tiger Brands Ltd. |
54,044 | 1,073,391 | |||
| Woolworths Holdings Ltd. |
366,637 | 781,417 | |||
| Total South Africa | 50,023,841 | ||||
| South Korea – 2.7% | |||||
| Daehan Steel Co., Ltd. |
35,238 | 408,231 | |||
| Daishin Securities Co., Ltd. |
24,340 | 334,656 | |||
| Macquarie Korea Infrastructure Fund |
166,950 | 725,469 | |||
| Meritz Securities Co., Ltd. |
76,610 | 89,078 | |||
| Seah Besteel Corp. |
7,501 | 102,496 | |||
| SK Telecom Co., Ltd., ADR |
197,179 | 3,440,774 | |||
| SK Telecom Co., Ltd. |
3,944 | 610,889 | |||
| S-Oil Corp. |
58,639 | 3,100,539 | |||
| Woori Investment & Securities Co., Ltd. |
53,590 | 761,835 | |||
| Total South Korea | 9,573,967 | ||||
| Taiwan – 33.2% | |||||
| Ability Enterprise Co., Ltd. |
222,001 | 435,052 | |||
| AcBel Polytech, Inc. |
102,199 | 68,826 | |||
| Acer, Inc. |
894,280 | 2,281,043 | |||
| Advanced Semiconductor Engineering, Inc. |
3,183,000 | 2,618,836 | |||
| Advantech Co., Ltd. |
238,554 | 445,230 | |||
| Alpha Networks, Inc. |
232,069 | 193,463 | |||
| Altek Corp. |
132,770 | 244,494 | |||
| Asia Cement Corp. |
1,125,624 | 1,260,497 | |||
| Asia Optical Co., Inc. |
118,474 | 211,903 | |||
| AU Optronics Corp. |
3,834,390 | 3,727,283 | |||
| Avermedia Technologies, Inc. |
57,460 | 71,762 | |||
| Chang Hwa Commercial Bank |
1,743,000 | 799,715 | |||
| China Steel Chemical Corp. |
99,050 | 263,739 | |||
| China Steel Corp. |
8,869,240 | 8,249,044 | |||
| Investments | Shares | U.S. $ Value | |||
| China Synthetic Rubber Corp. |
177,000 | $ | 183,343 | ||
| Chinese Maritime Transport Ltd. |
97,227 | 254,651 | |||
| Chong Hong Construction Co. |
71,000 | 155,481 | |||
| Chroma ATE, Inc. |
178,389 | 347,922 | |||
| Chung Hsin Electric & Machinery Manufacturing Corp. |
199,000 | 111,732 | |||
| Chung Hwa Pulp Corp. |
283,000 | 118,841 | |||
| Chunghwa Picture Tubes* |
5,254,000 | 604,697 | |||
| Chunghwa Telecom Co., Ltd. |
4,129,566 | 7,437,535 | |||
| Compal Communications, Inc. |
487,647 | 565,797 | |||
| Compal Electronics, Inc. |
2,125,172 | 2,475,665 | |||
| Continental Engineering Corp. |
481,000 | 181,041 | |||
| CTCI Corp. |
250,992 | 244,371 | |||
| Delta Electronics, Inc. |
1,009,823 | 2,874,170 | |||
| Depo Auto Parts Industries Co., Ltd. |
89,000 | 194,345 | |||
| D-Link Corp. |
318,368 | 282,241 | |||
| Far EasTone Telecommunications Co., Ltd. |
1,549,209 | 1,811,940 | |||
| Faraday Technology Corp. |
165,708 | 299,478 | |||
| Feng Hsin Iron & Steel Co. |
199,000 | 327,457 | |||
| First Financial Holding Co., Ltd. |
3,308,675 | 2,063,548 | |||
| Formosa Chemicals & Fibre Corp. |
4,712,750 | 9,059,598 | |||
| Formosa Petrochemical Corp. |
4,855,250 | 12,716,562 | |||
| Formosa Plastics Corp. |
4,006,140 | 8,162,317 | |||
| Formosa Taffeta Co., Ltd. |
1,472,000 | 984,447 | |||
| Fortune Electric Co., Ltd. |
53,980 | 50,541 | |||
| Gemtek Technology Corp. |
90,544 | 156,596 | |||
| GeoVision, Inc. |
17,000 | 68,216 | |||
| Greatek Electronics, Inc. |
318,540 | 312,119 | |||
| HannStar Display Corp.* |
3,523,000 | 773,684 | |||
| Highwealth Construction Corp. |
336,752 | 424,240 | |||
| Holtek Semiconductor, Inc. |
126,654 | 157,195 | |||
| Holystone Enterprise Co., Ltd. |
159,498 | 175,880 | |||
| Hsin Kuang Steel Co., Ltd. |
83,482 | 66,089 | |||
| Huaku Development Co., Ltd. |
81,000 | 205,347 | |||
| Hung Poo Real Estate Development Corp. |
92,000 | 147,953 | |||
| Inventec Appliances Corp. |
410,224 | 405,783 | |||
| Inventec Co., Ltd. |
1,171,630 | 677,875 | |||
| Kinsus Interconnect Technology Corp. |
176,515 | 513,929 | |||
| KYE Systems Corp. |
198,275 | 205,380 | |||
| LEE Chang Yung Chem Industries Corp. |
425,357 | 467,062 | |||
| LITE-ON IT Corp. |
383,619 | 326,962 | |||
| Lite-On Technology Corp. |
1,414,579 | 1,854,688 | |||
| Macronix International |
1,377,626 | 758,491 | |||
| Mega Financial Holding Co., Ltd. |
5,879,000 | 3,721,465 | |||
| Merida Industry Co., Ltd. |
63,350 | 106,017 | |||
| Mitac International |
885,758 | 387,113 | |||
| Mitac Technology Corp. |
223,514 | 209,275 | |||
| Nan Ya Plastics Corp. |
7,210,340 | 11,797,433 | |||
| Nan Ya Printed Circuit Board Corp. |
555,880 | 1,927,977 | |||
| Novatek Microelectronics Corp., Ltd. |
382,705 | 904,740 | |||
| Oriental Union Chemical Corp. |
480,000 | 298,619 | |||
| Powertech Technology, Inc. |
203,000 | 609,985 | |||
| Quanta Computer, Inc. |
1,404,990 | 2,950,007 | |||
| Radiant Opto-Electronics Corp. |
201,211 | 238,464 | |||
See Notes to Financial Statements.
| 62 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets Equity Income Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Shih Wei Navigation Co., Ltd. |
221,049 | $ | 313,888 | ||
| Siliconware Precision Industries Co. |
2,236,130 | 3,157,904 | |||
| Silitech Technology Corp. |
56,641 | 155,222 | |||
| Sincere Navigation |
291,325 | 326,685 | |||
| Sonix Technology Co., Ltd. |
68,716 | 142,357 | |||
| Taiwan Cement Corp. |
1,175,000 | 1,319,444 | |||
| Taiwan Secom Co., Ltd. |
210,000 | 333,147 | |||
| Teco Electric and Machinery Co., Ltd. |
916,000 | 398,905 | |||
| Ton Yi Industrial Corp. |
610,000 | 219,158 | |||
| Tsann Kuen Enterprise Co., Ltd. |
88,290 | 91,866 | |||
| TSRC Corp. |
450,000 | 517,917 | |||
| Tung Ho Steel Enterprise Corp. |
580,243 | 615,475 | |||
| U-Ming Marine Transport Corp. |
677,000 | 1,139,284 | |||
| Unimicron Technology Corp. |
551,670 | 670,968 | |||
| Uni-President Enterprises Corp. |
1,336,717 | 1,575,886 | |||
| United Microelectronics Corp.* |
5,653,000 | 2,769,527 | |||
| Universal Scientific Industrial Co., Ltd. |
737,486 | 344,105 | |||
| UPC Technology Corp. |
350,239 | 163,419 | |||
| Wah Lee Industrial Corp. |
138,079 | 168,368 | |||
| Yang Ming Marine Transport Corp. |
1,110,571 | 437,001 | |||
| Yeun Chyang Industrial Co., Ltd. |
148,352 | 118,366 | |||
| Yungtay Engineering Co., Ltd. |
82,704 | 57,112 | |||
| Total Taiwan | 118,263,195 | ||||
| Thailand – 4.5% | |||||
| Advanced Info Service PCL |
1,277,990 | 3,605,225 | |||
| Airports of Thailand PCL |
807,800 | 1,021,537 | |||
| Asian Property Development PCL |
522,600 | 101,673 | |||
| Bangkok Expressway PCL |
363,688 | 201,384 | |||
| BEC World PCL |
726,700 | 491,572 | |||
| Electricity Generating PCL |
215,098 | 494,127 | |||
| Esso Thailand PCL |
1,443,860 | 315,480 | |||
| Glow Energy PCL |
486,800 | 477,183 | |||
| Kiatnakin Bank PCL |
371,798 | 263,742 | |||
| Kim Eng Securities Thailand PCL |
116,900 | 49,685 | |||
| Krung Thai Bank PCL |
3,453,600 | 935,501 | |||
| Precious Shipping PCL |
939,296 | 503,244 | |||
| PTT Chemical PCL |
607,800 | 1,332,576 | |||
| Quality Houses PCL |
2,150,400 | 154,473 | |||
| Ratchaburi Electricity Generating Holding PCL |
518,496 | 581,969 | |||
| Siam Cement PCL |
367,996 | 2,445,229 | |||
| Siam City Bank PCL |
532,800 | 365,194 | |||
| Thai Oil PCL |
885,794 | 1,199,706 | |||
| Thai Union Frozen Products PCL |
307,584 | 237,063 | |||
| Thanachart Capital PCL |
588,000 | 306,232 | |||
| Tisco Financial Group PCL |
285,482 | 195,676 | |||
| Total Access Communication PCL |
632,800 | 809,704 | |||
| Total Thailand | 16,088,175 | ||||
| Turkey – 5.1% | |||||
| Anadolu Hayat Emeklilik A.S. |
87,198 | 204,157 | |||
| Anadolu Sigorta |
250,576 | 220,846 | |||
| Arcelik A.S.* |
239,031 | 691,515 | |||
| Dogus Otomotiv Servis ve Ticaret A.S.* |
47,933 | 164,469 | |||
| Investments | Shares | U.S. $ Value | |||
| EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S. |
240,600 | $ | 257,378 | ||
| Ford Otomotiv Sanayi A.S. |
275,091 | 1,721,227 | |||
| Tupras Turkiye Petrol Rafine |
179,017 | 2,962,841 | |||
| Turcas Petrolculuk A.S. |
28,113 | 84,357 | |||
| Turk Hava Yollari |
289,634 | 752,170 | |||
| Turk Telekomunikasyon As |
1,837,736 | 5,514,383 | |||
| Turkcell Iletisim Hizmet As |
737,723 | 5,261,119 | |||
| Vestel Beyaz Esya Sanayi ve Ticaret A.S. |
122,038 | 231,538 | |||
| Total Turkey | 18,066,000 | ||||
| TOTAL COMMON STOCKS (Cost: $311,203,354) |
354,608,451 | ||||
| WARRANTS – 0.0% | |||||
| Thailand – 0.0% | |||||
| Ticon Industrial Connection PCL, expiring 5/22/11* |
44,483 | 2,956 | |||
| Ticon Industrial Connection PCL, expiring 1/22/14* |
69,333 | 1,494 | |||
| TOTAL WARRANTS (Cost: $0) |
4,450 | ||||
| TOTAL LONG-TERM INVESTMENTS (Cost: $311,203,354) |
354,612,901 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.4% | |||||
| MONEY MARKET FUND – 0.4% | |||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(b) (Cost: $1,670,015)(c) |
1,670,015 | 1,670,015 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.9% (Cost: $312,873,369)(d) |
356,282,916 | ||||
| Foreign Currency and Other Assets in Excess of Liabilities – 0.1% |
214,143 | ||||
| NET ASSETS – 100.0% | $ | 356,497,059 | |||
ADR – American Depositary Receipt
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Interest rate shown reflects yield as of September 30, 2009. |
| (c) | At September 30, 2009, the total market value of the Fund’s securities on loan was $1,578,081 and the total market value of the collateral held by the Fund was $1,670,015. |
| (d) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 63 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Emerging Markets SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 98.7% | |||||
| Argentina – 0.4% | |||||
| Petrobras Energia S.A., ADR* |
42,525 | $ | 761,623 | ||
| Brazil – 6.0% | |||||
| AES Tiete S.A. |
216,200 | 2,268,061 | |||
| American Banknote S.A. |
10,300 | 99,381 | |||
| Amil Participacoes S.A. |
50,100 | 274,178 | |||
| Brookfield Incorporacoes S.A. |
106,600 | 457,729 | |||
| Cia de Saneamento de Minas Gerais-COPASA |
54,922 | 921,429 | |||
| Cia Paranaense de Energia |
29,300 | 493,377 | |||
| Drogasil S.A. |
6,730 | 84,994 | |||
| Equatorial Energia S.A. |
120,000 | 1,181,410 | |||
| Estacio Participacoes S.A. |
6,000 | 68,702 | |||
| Gafisa S.A. |
16,000 | 240,682 | |||
| Iguatemi Empresa de Shopping Centers S.A. |
30,300 | 472,800 | |||
| Industrias Romi S.A. |
35,543 | 229,026 | |||
| Iochpe Maxion S.A. |
60,000 | 792,097 | |||
| Localiza Rent A CAR |
30,300 | 301,878 | |||
| Log-In Logistica Intermodal S.A. |
29,000 | 145,684 | |||
| Lojas Renner S.A. |
18,900 | 327,164 | |||
| M Dias Branco S.A. |
11,366 | 232,539 | |||
| MRV Engenharia e Participacoes S.A. |
19,800 | 381,752 | |||
| Obrascon Huarte Lain Brasil S.A. |
30,362 | 435,764 | |||
| Odontoprev S.A. |
3,800 | 76,380 | |||
| PDG Realty S.A. Empreendimentos e Participacoes |
42,500 | 350,906 | |||
| Porto Seguro S.A. |
46,600 | 471,336 | |||
| Positivo Informatica S.A. |
30,800 | 288,534 | |||
| Rossi Residencial S.A. |
48,100 | 384,724 | |||
| Tecnisa S.A. |
35,100 | 183,026 | |||
| Terna Participacoes S.A. |
25,800 | 575,634 | |||
| Totvs S.A. |
8,140 | 397,497 | |||
| Total Brazil | 12,136,684 | ||||
| Chile – 2.4% | |||||
| Cia Cervecerias Unidas S.A. |
110,264 | 751,527 | |||
| CorpBanca S.A. |
209,107,228 | 1,372,005 | |||
| Empresas La Polar S.A. |
76,206 | 342,110 | |||
| Inversiones Aguas Metropolitanas S.A. |
489,039 | 568,857 | |||
| Madeco S.A. |
21,378,046 | 1,410,438 | |||
| Ripley Corp. S.A. |
118,349 | 84,857 | |||
| Sonda S.A. |
203,778 | 277,774 | |||
| Total Chile | 4,807,568 | ||||
| China – 3.3% | |||||
| Anhui Expressway Co. Class H |
816,030 | 482,244 | |||
| Beijing Capital Land Ltd. Class H |
1,346,000 | 493,241 | |||
| China Oilfield Services Ltd. Class H |
446,000 | 416,072 | |||
| China Shipping Development Co., Ltd. Class H |
406,000 | 513,390 | |||
| Dalian Port PDA Co., Ltd. Class H |
604,000 | 248,613 | |||
| Datang International Power Generation Co., Ltd. Class H |
910,000 | 475,545 | |||
| Great Wall Motor Co., Ltd. Class H |
374,500 | 337,290 | |||
| Guangzhou Shipyard International Co., Ltd. Class H |
100,000 | 184,773 | |||
| Investments | Shares | U.S. $ Value | |||
| Harbin Power Equipment Co., Ltd. Class H |
14,000 | $ | 13,223 | ||
| Huaneng Power International, Inc. Class H |
212,000 | 140,330 | |||
| Jiangsu Expressway Co., Ltd. Class H |
608,000 | 498,949 | |||
| Shanghai Forte Land Co. Class H |
1,086,000 | 315,288 | |||
| Shanghai Jin Jiang International Hotels Group Co., Ltd. Class H |
702,000 | 194,747 | |||
| Sinotrans Ltd. Class H |
1,689,000 | 398,820 | |||
| Weiqiao Textile Co. Class H |
987,500 | 611,609 | |||
| Wumart Stores, Inc. Class H |
366,000 | 544,982 | |||
| Xiamen International Port Co., Ltd. Class H |
1,110,000 | 209,108 | |||
| Zhuzhou CSR Times Electric Co., Ltd. Class H |
347,000 | 603,552 | |||
| Total China | 6,681,776 | ||||
| Czech Republic – 1.2% | |||||
| Unipetrol A.S.* |
304,180 | 2,476,700 | |||
| Indonesia – 2.1% | |||||
| Aneka Tambang Tbk PT |
10,329,000 | 2,618,319 | |||
| Bakrie Sumatera Plantations Tbk PT |
1,575,500 | 141,819 | |||
| Berlian Laju Tanker Tbk PT |
3,442,055 | 281,348 | |||
| Indofood Sukses Makmur Tbk PT |
2,377,000 | 743,965 | |||
| Kalbe Farma Tbk PT |
533,000 | 73,346 | |||
| Perusahaan Perkebunan London Sumatra Indonesia Tbk PT |
528,000 | 417,920 | |||
| Total Indonesia | 4,276,717 | ||||
| Israel – 7.4% | |||||
| Alony Hetz Properties & Investments Ltd. |
57,835 | 198,782 | |||
| Clal Industries and Investments* |
161,692 | 731,714 | |||
| Delek Group Ltd. |
3,548 | 595,921 | |||
| Discount Investment Corp. |
266,688 | 6,002,510 | |||
| Elbit Imaging Ltd.* |
22,238 | 535,855 | |||
| Gazit-Globe Ltd. |
58,791 | 513,730 | |||
| Israel Discount Bank Ltd. Class A* |
517,033 | 973,416 | |||
| Koor Industries Ltd. |
50,882 | 1,495,539 | |||
| Oil Refineries Ltd. |
1,220,739 | 517,194 | |||
| Ormat Industries |
31,775 | 265,878 | |||
| Osem Investments Ltd. |
18,535 | 235,583 | |||
| Shufersal Ltd. |
385,150 | 1,698,066 | |||
| Strauss Group Ltd. |
89,893 | 1,182,308 | |||
| Total Israel | 14,946,496 | ||||
| Malaysia – 4.6% | |||||
| Alliance Financial Group Bhd |
459,600 | 337,297 | |||
| Berjaya Sports Toto Bhd |
999,141 | 1,278,877 | |||
| Gamuda Bhd |
1,708,628 | 1,564,967 | |||
| Genting Plantation Bhd |
85,600 | 148,396 | |||
| IGB Corp. Bhd* |
363,700 | 188,103 | |||
| KNM Group Bhd |
734,200 | 158,041 | |||
| Kulim Malaysia Bhd |
51,400 | 109,899 | |||
| Lafarge Malayan Cement Bhd |
584,700 | 1,059,251 | |||
| Malaysian Bulk Carriers Bhd |
1,547,148 | 1,358,951 | |||
| MMC Corp. Bhd |
289,922 | 207,745 | |||
| Nestle Malaysia Bhd |
75,400 | 751,604 | |||
| Parkson Holdings Bhd |
170,800 | 252,178 | |||
| SP Setia Bhd |
655,626 | 763,413 | |||
See Notes to Financial Statements.
| 64 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| UMW Holdings Bhd |
565,826 | $ | 1,028,329 | ||
| WCT Bhd |
275,200 | 222,641 | |||
| Total Malaysia | 9,429,692 | ||||
| Mexico – 1.9% | |||||
| ALFA S.A.B de C.V. Class A |
116,800 | 558,266 | |||
| Banco Compartamos S.A. de C.V. |
53,476 | 195,213 | |||
| Embotelladoras Arca S.A.B de C.V. |
218,500 | 539,896 | |||
| Grupo Aeroportuario del Centro Norte S.A.B de C.V. Class B |
273,000 | 427,336 | |||
| Grupo Aeroportuario del Pacifico S.A.B de C.V. Class B |
370,429 | 1,043,118 | |||
| Grupo Aeroportuario del Sureste S.A.B de C.V. Class B |
203,802 | 870,736 | |||
| Mexichem S.A.B de C.V. |
199,040 | 299,921 | |||
| Total Mexico | 3,934,486 | ||||
| Philippines – 1.2% | |||||
| Aboitiz Power Corp. |
1,440,868 | 194,630 | |||
| Banco de Oro Unibank, Inc. |
625,000 | 455,097 | |||
| Energy Development Corp. |
5,790,000 | 574,356 | |||
| Jollibee Foods Corp. |
318,710 | 332,971 | |||
| Manila Water Co., Inc. |
437,600 | 143,157 | |||
| Megaworld Corp. |
11,500,000 | 364,078 | |||
| Metropolitan Bank & Trust |
508,010 | 412,798 | |||
| Total Philippines | 2,477,087 | ||||
| Poland – 0.8% | |||||
| Asseco Poland S.A. |
11,186 | 238,509 | |||
| Cyfrowy Polsat S.A. |
109,104 | 560,125 | |||
| TVN S.A. |
183,518 | 895,936 | |||
| Total Poland | 1,694,570 | ||||
| Russia – 0.0% | |||||
| TMK OAO, GDR |
1,422 | 22,211 | |||
| South Africa – 12.5% | |||||
| Aeci Ltd. |
53,192 | 412,760 | |||
| African Oxygen Ltd. |
214,247 | 579,619 | |||
| Astral Foods Ltd. |
41,587 | 570,720 | |||
| Aveng Ltd. |
121,574 | 693,906 | |||
| AVI Ltd. |
245,732 | 616,154 | |||
| Barloworld Ltd. |
99,509 | 643,476 | |||
| City Lodge Hotels Ltd. |
22,952 | 248,375 | |||
| Foschini Ltd. |
155,198 | 1,269,848 | |||
| Grindrod Ltd. |
375,570 | 788,065 | |||
| Group Five Ltd. |
22,441 | 130,159 | |||
| Highveld Steel And Vanadium Corp., Ltd.* |
191,414 | 1,881,932 | |||
| Illovo Sugar Ltd. |
245,100 | 1,055,119 | |||
| Imperial Holdings Ltd. |
82,324 | 867,295 | |||
| Investec Ltd. |
225,526 | 1,700,337 | |||
| JSE Ltd. |
24,858 | 203,391 | |||
| Lewis Group Ltd. |
99,816 | 730,952 | |||
| Massmart Holdings Ltd. |
119,359 | 1,388,046 | |||
| Medi-Clinic Corp., Ltd. |
257,241 | 757,041 | |||
| Metropolitan Holdings Ltd. |
607,293 | 1,025,045 | |||
| Mondi Ltd. |
105,467 | 542,819 | |||
| Investments | Shares | U.S. $ Value | |||
| Mr.Price Group Ltd. |
61,484 | $ | 275,877 | ||
| Northam Platinum Ltd.(a) |
202,211 | 880,629 | |||
| Pangbourne Properties Ltd. |
348,044 | 737,656 | |||
| Reunert Ltd. |
147,824 | 1,092,464 | |||
| Santam Ltd. |
64,787 | 756,668 | |||
| Sappi Ltd.(a) |
291,095 | 1,087,164 | |||
| Spar Group Ltd. (The) |
93,854 | 801,366 | |||
| Tongaat Hulett Ltd. |
65,678 | 814,745 | |||
| Truworths International Ltd. |
193,142 | 1,083,278 | |||
| Wilson Bayly Holmes-Ovcon Ltd. |
12,929 | 215,310 | |||
| Woolworths Holdings Ltd. |
682,995 | 1,455,674 | |||
| Total South Africa | 25,305,890 | ||||
| South Korea – 9.3% | |||||
| Bukwang Pharmaceutical Co., Ltd. |
21,050 | 255,476 | |||
| Busan Bank |
70,302 | 781,631 | |||
| Cheil Industries, Inc. |
4,320 | 187,356 | |||
| Cheil Worldwide, Inc. |
2,678 | 660,267 | |||
| CJ CheilJedang Corp. |
701 | 123,452 | |||
| CJ Corp. |
7,270 | 343,061 | |||
| CJ O Shopping Co., Ltd. |
5,832 | 404,392 | |||
| Daegu Bank |
51,062 | 732,398 | |||
| Daehan Steel Co., Ltd. |
59,312 | 687,128 | |||
| Daewoong Pharmaceutical Co., Ltd. |
975 | 47,747 | |||
| Daishin Securities Co., Ltd. |
40,300 | 554,093 | |||
| Dongbu Insurance Co., Ltd. |
12,100 | 371,241 | |||
| Dongkuk Steel Mill Co., Ltd. |
12,420 | 287,771 | |||
| Doosan Engineering & Construction Co., Ltd. |
36,150 | 226,426 | |||
| Halla Climate Control Corp. |
62,830 | 631,899 | |||
| Hanjin Heavy Industries & Construction Holdings Co., Ltd. |
5,145 | 60,260 | |||
| Hanjin Shipping Co., Ltd. |
30,900 | 538,931 | |||
| Hankook Tire Co., Ltd. |
31,058 | 618,129 | |||
| Hanwha Chem Corp. |
57,960 | 629,652 | |||
| Hanwha Securities Co. |
24,620 | 200,805 | |||
| Hite Brewery Co., Ltd. |
611 | 87,119 | |||
| Hotel Shilla Co., Ltd. |
14,868 | 218,304 | |||
| Hyundai Marine & Fire Insurance Co., Ltd. |
31,072 | 573,576 | |||
| Hyundai Securities Co. |
74,960 | 1,043,364 | |||
| Korea Investment Holdings Co., Ltd. |
13,941 | 414,118 | |||
| Korea Kumho Petrochemical Co. |
7,240 | 169,594 | |||
| Korean Reinsurance Co. |
39,276 | 395,010 | |||
| LG Dacom Corp. |
42,994 | 729,794 | |||
| LG Telecom Ltd. |
109,860 | 793,472 | |||
| LIG Insurance Co., Ltd. |
15,400 | 311,071 | |||
| LS Industrial Systems Co., Ltd. |
8,768 | 692,064 | |||
| Macquarie Korea Infrastructure Fund |
270,540 | 1,175,612 | |||
| Meritz Securities Co., Ltd. |
65,537 | 76,203 | |||
| Namhae Chemical Corp. |
7,340 | 100,608 | |||
| S1 Corp. |
9,836 | 432,425 | |||
| Samsung Fine Chemicals Co., Ltd. |
7,596 | 349,419 | |||
| Seah Besteel Corp. |
8,213 | 112,225 | |||
| SFA Engineering Corp. |
6,129 | 213,273 | |||
| Sindoh Co., Ltd. |
2,106 | 111,176 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 65 |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| SKC Co., Ltd. |
12,286 | $ | 213,239 | ||
| STX Corp. Co., Ltd. |
4,930 | 88,914 | |||
| STX Engine Co., Ltd. |
120 | 2,185 | |||
| STX Offshore & Shipbuilding Co., Ltd. |
9,840 | 121,512 | |||
| Taihan Electric Wire Co., Ltd. |
15,870 | 300,362 | |||
| Tong Yang Securities, Inc. |
3,837 | 42,660 | |||
| Woongjin Coway Co., Ltd. |
21,330 | 685,203 | |||
| Woongjin Thinkbig Co., Ltd. |
1,728 | 33,731 | |||
| Woori Investment & Securities Co., Ltd. |
81,950 | 1,165,001 | |||
| Total South Korea | 18,993,349 | ||||
| Taiwan – 32.8% | |||||
| Ability Enterprise Co., Ltd. |
452,944 | 887,628 | |||
| Advantech Co., Ltd. |
411,139 | 767,337 | |||
| ALI Corp. |
108,164 | 229,800 | |||
| Alpha Networks, Inc. |
442,914 | 369,233 | |||
| Altek Corp. |
259,294 | 477,486 | |||
| Ambassador Hotel (The) |
41,870 | 44,152 | |||
| AmTRAN Technology Co., Ltd. |
267,531 | 240,918 | |||
| Asia Optical Co., Inc. |
257,770 | 461,048 | |||
| AV Tech Corp. |
61,260 | 200,084 | |||
| Avermedia Technologies, Inc. |
108,094 | 135,000 | |||
| BES Engineering Corp. |
46,524 | 13,126 | |||
| Bright Led Electronics Corp. |
65,803 | 84,741 | |||
| Capital Securities Corp.* |
57,086 | 29,655 | |||
| Catcher Technology Co., Ltd. |
337,860 | 897,513 | |||
| Cheng Uei Precision Industry Co., Ltd. |
201,110 | 409,752 | |||
| Chicony Electronics Co., Ltd. |
415,899 | 940,521 | |||
| China Steel Chemical Corp. |
158,200 | 421,237 | |||
| China Synthetic Rubber Corp. |
347,000 | 359,434 | |||
| Chinese Maritime Transport Ltd. |
100,042 | 262,024 | |||
| Chong Hong Construction Co. |
201,172 | 440,541 | |||
| Chroma ATE, Inc. |
407,143 | 794,073 | |||
| Chung Hsin Electric & Machinery Manufacturing Corp. |
453,000 | 254,344 | |||
| Chung Hwa Pulp Corp. |
1,394,422 | 585,564 | |||
| Chunghwa Picture Tubes* |
10,003,000 | 1,151,272 | |||
| Compal Communications, Inc. |
894,922 | 1,038,341 | |||
| Continental Engineering Corp. |
1,044,000 | 392,945 | |||
| CTCI Corp. |
512,788 | 499,262 | |||
| Cyberlink Corp. |
55,680 | 227,757 | |||
| CyberTAN Technology, Inc. |
100,868 | 140,094 | |||
| DA CIN Construction Co., Ltd. |
81,376 | 57,207 | |||
| Depo Auto Parts Industries Co., Ltd. |
147,000 | 320,997 | |||
| D-Link Corp. |
700,129 | 620,682 | |||
| Elite Semiconductor Memory Technology, Inc. |
160,590 | 254,262 | |||
| Epistar Corp. |
244,665 | 882,828 | |||
| Eternal Chemical Co., Ltd. |
561,287 | 566,560 | |||
| Everlight Electronics Co., Ltd. |
205,365 | 670,752 | |||
| Far Eastern Department Stores Co., Ltd. |
472,877 | 469,229 | |||
| Faraday Technology Corp. |
295,936 | 534,835 | |||
| Farglory Land Development Co., Ltd. |
298,968 | 722,590 | |||
| Feng Hsin Iron & Steel Co. |
502,094 | 826,203 | |||
| First Steamship Co., Ltd. |
47,874 | 57,482 | |||
| Investments | Shares | U.S. $ Value | |||
| Formosa International Hotels Corp. |
9,240 | $ | 116,262 | ||
| Formosa Taffeta Co., Ltd. |
2,106,032 | 1,408,476 | |||
| Fortune Electric Co., Ltd. |
141,000 | 132,018 | |||
| Gemtek Technology Corp. |
151,632 | 262,248 | |||
| GeoVision, Inc. |
47,000 | 188,596 | |||
| Giant Manufacturing Co., Ltd. |
142,560 | 385,357 | |||
| Gigabyte Technology Co., Ltd. |
609,228 | 515,460 | |||
| Global Unichip Corp. |
10,506 | 49,674 | |||
| Great Wall Enterprise Co. |
254,250 | 271,665 | |||
| Greatek Electronics, Inc. |
515,179 | 504,795 | |||
| Hannstar Board Corp. |
249,350 | 229,587 | |||
| HannStar Display Corp.* |
5,604,000 | 1,230,691 | |||
| Highwealth Construction Corp. |
698,808 | 880,357 | |||
| Holtek Semiconductor, Inc. |
222,927 | 276,682 | |||
| Holystone Enterprise Co., Ltd. |
259,607 | 286,272 | |||
| Hsin Kuang Steel Co., Ltd. |
298,032 | 235,937 | |||
| Huaku Development Co., Ltd. |
200,100 | 507,283 | |||
| Hung Poo Real Estate Development Corp. |
245,680 | 395,099 | |||
| Inventec Appliances Corp. |
805,225 | 796,508 | |||
| Inventec Co., Ltd. |
2,546,665 | 1,473,434 | |||
| ITE Technology, Inc. |
62,418 | 128,339 | |||
| King Slide Works Co., Ltd. |
48,976 | 284,124 | |||
| King Yuan Electronics Co., Ltd. |
916,076 | 356,195 | |||
| Kinsus Interconnect Technology Corp. |
295,385 | 860,023 | |||
| KYE Systems Corp. |
343,040 | 355,333 | |||
| Largan Precision Co., Ltd. |
50,088 | 657,495 | |||
| LEE Chang Yung Chem Industries Corp. |
705,517 | 774,690 | |||
| Lien Hwa Industrial Corp. |
209,563 | 97,454 | |||
| LITE-ON IT Corp. |
970,549 | 827,207 | |||
| Lite-On Technology Corp. |
2,270,825 | 2,977,332 | |||
| Macronix International |
2,908,917 | 1,601,587 | |||
| Merida Industry Co., Ltd. |
142,550 | 238,559 | |||
| Micro-Star International Co., Ltd. |
445,774 | 291,886 | |||
| Mitac International |
1,388,145 | 606,677 | |||
| Mitac Technology Corp. |
243,924 | 228,385 | |||
| Nan Ya Printed Circuit Board Corp. |
962,400 | 3,337,925 | |||
| Nantex Industry Co., Ltd. |
65,374 | 45,246 | |||
| Novatek Microelectronics Corp., Ltd. |
610,838 | 1,444,061 | |||
| Opto Technology Corp. |
144,000 | 127,884 | |||
| Oriental Union Chemical Corp. |
1,194,940 | 743,399 | |||
| Pan-International Industrial |
105,340 | 168,751 | |||
| Polaris Securities Co., Ltd.* |
198,662 | 117,104 | |||
| Pou Chen Corp. |
982,600 | 635,750 | |||
| Powertech Technology, Inc. |
317,834 | 955,044 | |||
| Radiant Opto-Electronics Corp. |
356,806 | 422,866 | |||
| Radium Life Tech Co., Ltd.* |
93,589 | 78,311 | |||
| Realtek Semiconductor Corp. |
207,969 | 485,183 | |||
| Richtek Technology Corp. |
54,275 | 467,655 | |||
| Ruentex Development Co., Ltd. |
563,000 | 540,268 | |||
| Shih Wei Navigation Co., Ltd. |
408,675 | 580,316 | |||
| Shihlin Electric & Engineering Corp. |
409,214 | 527,620 | |||
| Shin Zu Shing Co., Ltd. |
46,319 | 258,624 | |||
| Shining Building Business Co., Ltd.* |
111,632 | 130,911 | |||
See Notes to Financial Statements.
| 66 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Silitech Technology Corp. |
98,655 | $ | 270,359 | ||
| Sincere Navigation |
551,791 | 618,765 | |||
| Sinyi Realty Co. |
104,263 | 191,674 | |||
| Sonix Technology Co., Ltd. |
105,074 | 217,678 | |||
| Synnex Technology International Corp. |
401,300 | 855,078 | |||
| Taiwan Cogeneration Corp. |
203,146 | 96,998 | |||
| Taiwan Glass Industrial Corp. |
515,041 | 408,534 | |||
| Taiwan Life Insurance Co., Ltd.* |
275,002 | 223,266 | |||
| Taiwan Navigation Co., Ltd. |
259,000 | 386,711 | |||
| Taiwan Secom Co., Ltd. |
408,014 | 647,279 | |||
| Teco Electric and Machinery Co., Ltd. |
1,336,442 | 582,002 | |||
| Ton Yi Industrial Corp. |
932,000 | 334,845 | |||
| Transcend Information, Inc. |
209,963 | 751,081 | |||
| Tripod Technology Corp. |
195,103 | 500,077 | |||
| Tsann Kuen Enterprise Co., Ltd. |
72,119 | 75,040 | |||
| TSRC Corp. |
628,000 | 722,782 | |||
| Tung Ho Steel Enterprise Corp. |
1,225,647 | 1,300,067 | |||
| TXC Corp. |
194,133 | 256,948 | |||
| U-Ming Marine Transport Corp. |
998,000 | 1,679,476 | |||
| Unimicron Technology Corp. |
873,400 | 1,062,273 | |||
| Universal Scientific Industrial Co., Ltd. |
1,339,391 | 624,949 | |||
| UPC Technology Corp. |
656,399 | 306,271 | |||
| Wah Lee Industrial Corp. |
420,971 | 513,315 | |||
| Waterland Financial Holdings* |
54,335 | 17,324 | |||
| Wistron NeWeb Corp. |
163,747 | 211,891 | |||
| WPG Holdings Co., Ltd. |
604,671 | 855,808 | |||
| Yang Ming Marine Transport Corp. |
2,338,314 | 920,109 | |||
| Yeun Chyang Industrial Co., Ltd. |
374,356 | 298,688 | |||
| Yieh Phui Enterprise |
625,113 | 223,616 | |||
| Yulon Motor Co., Ltd. |
593,447 | 682,091 | |||
| Yungtay Engineering Co., Ltd. |
121,053 | 83,594 | |||
| Zinwell Corp. |
137,424 | 281,277 | |||
| Zyxel Communications Corp. |
309,570 | 209,924 | |||
| Total Taiwan | 66,646,904 | ||||
| Thailand – 8.0% | |||||
| Airports of Thailand PCL |
1,541,300 | 1,949,115 | |||
| Asian Property Development PCL |
685,700 | 133,405 | |||
| Bangkok Expressway PCL |
690,402 | 382,294 | |||
| BEC World PCL |
1,062,978 | 719,045 | |||
| Central Pattana PCL |
249,500 | 174,000 | |||
| Charoen Pokphand Foods PCL |
4,518,262 | 1,075,133 | |||
| CP ALL PCL |
1,837,890 | 1,105,704 | |||
| Electricity Generating PCL |
396,812 | 911,563 | |||
| Esso Thailand PCL |
2,886,522 | 630,698 | |||
| Glow Energy PCL |
935,376 | 916,898 | |||
| Kiatnakin Bank PCL |
848,906 | 602,187 | |||
| Kim Eng Securities Thailand PCL |
729,302 | 309,970 | |||
| Land and Houses PCL |
4,925,908 | 987,835 | |||
| Minor International PCL |
1,064,436 | 395,061 | |||
| Precious Shipping PCL |
1,429,726 | 766,001 | |||
| Preuksa Real Estate PCL |
415,448 | 145,488 | |||
| PTT Aromatics & Refining PCL |
727,400 | 531,235 | |||
| Quality Houses PCL |
4,270,200 | 306,749 | |||
| Investments | Shares | U.S. $ Value | |||
| Ratchaburi Electricity Generating Holding PCL |
1,049,096 | $ | 1,177,525 | ||
| Siam City Bank PCL |
604,700 | 414,476 | |||
| Thai Union Frozen Products PCL |
893,710 | 688,807 | |||
| Thanachart Capital PCL |
1,094,900 | 570,226 | |||
| Tisco Financial Group PCL |
381,752 | 261,662 | |||
| Total Access Communication PCL |
902,139 | 1,154,338 | |||
| Total Thailand | 16,309,415 | ||||
| Turkey – 4.8% | |||||
| Aksigorta A.S. |
246,838 | 880,171 | |||
| Anadolu Hayat Emeklilik A.S. |
76,071 | 178,106 | |||
| Anadolu Sigorta |
279,327 | 246,186 | |||
| Arcelik A.S.* |
461,689 | 1,335,663 | |||
| Aygaz A.S. |
87,544 | 341,612 | |||
| Dogus Otomotiv Servis ve Ticaret A.S.* |
130,970 | 449,387 | |||
| EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S. |
284,495 | 304,334 | |||
| Ford Otomotiv Sanayi A.S. |
412,937 | 2,583,721 | |||
| Selcuk Ecza Deposu Ticaret ve Sanayi A.S. |
351,823 | 572,821 | |||
| Sinpas Gayrimenkul Yatirim Ortakligi A.S. |
15,609 | 56,709 | |||
| Tofas Turk Otomobil Fabrikasi A.S. |
265,227 | 745,887 | |||
| Turcas Petrolculuk A.S. |
85,156 | 255,522 | |||
| Turk Hava Yollari |
372,419 | 967,159 | |||
| Vestel Beyaz Esya Sanayi ve Ticaret A.S. |
360,265 | 683,518 | |||
| Yapi Kredi Sigorta A.S. |
9,929 | 61,123 | |||
| Total Turkey | 9,661,919 | ||||
| TOTAL COMMON STOCKS (Cost: $175,194,284) |
200,563,087 | ||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 67 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree Emerging Markets SmallCap Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| EXCHANGE-TRADED FUND – 0.8% | |||||
| United States – 0.8% | |||||
| WisdomTree India Earnings Fund (Cost: $1,427,453) |
77,177 | $ | 1,623,032 | ||
| WARRANTS – 0.0% | |||||
| Thailand – 0.0% | |||||
| Ticon Industrial Connection PCL, expiring 5/22/11* |
49,750 | 3,306 | |||
| Ticon Industrial Connection PCL, expiring 1/22/14* |
87,000 | 1,875 | |||
| TOTAL WARRANTS (Cost: $0) |
5,181 | ||||
| TOTAL LONG-TERM INVESTMENTS (Cost: $176,621,737) |
202,191,300 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.3% | |||||
| MONEY MARKET FUND – 0.3% | |||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(b) (Cost: $584,005)(c) |
584,005 | 584,005 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.8% (Cost: $177,205,742)(d) |
202,775,305 | ||||
| Foreign Currency and Other Assets in Excess of Liabilities – 0.2% |
463,957 | ||||
| NET ASSETS – 100.0% | $ | 203,239,262 | |||
ADR – American Depositary Receipt
GDR – Global Depositary Receipt
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Interest rate shown reflects yield as of September 30, 2009. |
| (c) | At September 30, 2009, the total market value of the Fund’s securities on loan was $528,582 and the total market value of the collateral held by the Fund was $584,005. |
| (d) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 68 | WisdomTree International Dividend Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree Middle East Dividend Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.0% | |||||
| Egypt – 16.2% | |||||
| Arab Cotton Ginning |
32,028 | $ | 32,657 | ||
| Canal Shipping Agencies Co. |
4,363 | 12,585 | |||
| Commercial International Bank |
133 | 1,387 | |||
| Egyptian Co. For Mobile Services |
5,977 | 237,439 | |||
| Egyptian Financial & Industrial Co. |
4,076 | 17,987 | |||
| Egyptian Financial Group-Hermes Holding |
4,401 | 24,029 | |||
| El Ezz Steel Co. |
111,460 | 309,746 | |||
| Elswedy Cables Holding Co. |
1,069 | 15,295 | |||
| Orascom Construction Industries |
9,175 | 392,631 | |||
| Orascom Telecom Holding S.A.E |
36,092 | 229,789 | |||
| Sidi Kerir Petrochemcials Co. |
54,304 | 114,984 | |||
| Telecom Egypt |
119,357 | 385,275 | |||
| Total Egypt | 1,773,804 | ||||
| Jordan – 2.8% | |||||
| Arab Bank |
7,080 | 138,402 | |||
| Arab Potash Co. |
1,847 | 90,199 | |||
| Jordanian Electric Power Co. |
15,115 | 72,535 | |||
| Total Jordan | 301,136 | ||||
| Kuwait – 16.4% | |||||
| Bank of Kuwait & Middle East |
23,500 | 41,825 | |||
| Boubyan Petrochemicals Co. |
50,000 | 79,393 | |||
| Commercial Bank of Kuwait |
32,500 | 113,418 | |||
| Injazzat Real Estate Co. KSCC |
30,000 | 19,473 | |||
| Kuwait Finance House |
53,240 | 245,251 | |||
| Kuwait Investment Projects Co. Holdings |
62,500 | 100,332 | |||
| Mobile Telecommunications Co. KSC |
167,624 | 760,464 | |||
| National Bank of Kuwait |
68,750 | 307,103 | |||
| National Mobile Telecommunication Co. KSC |
25,000 | 132,612 | |||
| Total Kuwait | 1,799,871 | ||||
| Morocco – 8.9% | |||||
| Attijariwafa Bank |
1,320 | 45,846 | |||
| Douja Promotion Groupe Addoha S.A. |
2,986 | 46,516 | |||
| Maroc Telecom |
48,983 | 882,145 | |||
| Total Morocco | 974,507 | ||||
| Oman – 4.0% | |||||
| Bank Muscat S.A.O.G |
24,113 | 57,050 | |||
| Galfar Engineering & Contracting S.A.O.G |
6,713 | 11,315 | |||
| Oman Telecommunications Co. |
77,037 | 280,098 | |||
| Raysut Cement Co. |
14,985 | 72,308 | |||
| Renaissance Services S.A.O.G |
11,046 | 19,220 | |||
| Total Oman | 439,991 | ||||
| Qatar – 31.4% | |||||
| Commercial Bank of Qatar |
17,275 | 379,045 | |||
| Doha Bank QSC |
16,555 | 232,314 | |||
| Industries Qatar |
30,133 | 943,351 | |||
| Masraf Al Rayan |
32,381 | 112,043 | |||
| Qatar Electricity & Water Co. |
6,563 | 183,294 | |||
| Qatar Fuel Co. |
1,263 | 58,581 | |||
| Qatar Insurance Co. |
1,756 | 32,984 | |||
| Investments | Shares | U.S. $ Value | |||
| Qatar Islamic Bank |
13,362 | $ | 330,248 | ||
| Qatar National Bank S.A.Q |
11,992 | 496,285 | |||
| Qatar Shipping Co. |
7,543 | 69,600 | |||
| Qatar Telecom Q-Telephone QSC |
12,273 | 505,217 | |||
| United Development Co. |
8,194 | 90,683 | |||
| Total Qatar | 3,433,645 | ||||
| United Arab Emirates – 19.3% | |||||
| Abu Dhabi Commercial Bank |
350,194 | 235,500 | |||
| Air Arabia |
526,441 | 163,395 | |||
| Bank of Sharjah |
189,383 | 105,701 | |||
| DP World Ltd. |
416,982 | 233,510 | |||
| Dubai Financial Market |
410,367 | 265,910 | |||
| Dubai Investments PJSC |
362,747 | 138,266 | |||
| Dubai Islamic Bank |
348,890 | 299,216 | |||
| First Gulf Bank PJSC |
47,793 | 216,652 | |||
| Gulf Navigation Holding |
265,893 | 59,362 | |||
| National Bank of Abu Dhabi PJSC |
72,591 | 270,762 | |||
| Tamweel PJSC*† |
65,235 | — | |||
| Union National Bank/Abu Dhabi |
101,288 | 119,959 | |||
| Total United Arab Emirates | 2,108,233 | ||||
| TOTAL COMMON STOCKS (Cost: $10,114,537) |
10,831,187 | ||||
| SHORT-TERM INVESTMENT – 0.4% | |||||
| MONEY MARKET FUND – 0.4% | |||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(a) (Cost: $51,177) |
51,177 | 51,177 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.4% (Cost: $10,165,714)(b) |
10,882,364 | ||||
| Foreign Currency and Other Assets in Excess of Liabilities – 0.6% |
61,518 | ||||
| NET ASSETS – 100.0% | $ | 10,943,882 | |||
| * | Non-income producing security. |
| † | Security is being fair valued by a valuation committee under the direction of the Board of Trustees. |
| (a) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (b) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 69 |
Table of Contents
Statements of Assets and Liabilities (unaudited)
WisdomTree International Dividend Funds
September 30, 2009
| WisdomTree DEFA Fund |
WisdomTree DEFA Equity Income Fund |
WisdomTree Europe Total Dividend Fund |
WisdomTree Global Equity Income Fund1 |
WisdomTree Europe SmallCap Dividend Fund |
||||||||||||||||
| ASSETS: |
||||||||||||||||||||
| Investments, at cost |
$ | 361,035,001 | $ | 163,656,465 | $ | 283,724,917 | $ | 32,902,163 | $ | 27,125,405 | ||||||||||
| Foreign currency, at cost |
177,069 | 402,246 | 526,305 | 222,196 | 27,257 | |||||||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
422,301,333 | 162,075,718 | 333,493,206 | 38,046,202 | 26,558,034 | |||||||||||||||
| Foreign currency, at value |
178,040 | 401,260 | 522,310 | 222,292 | 27,114 | |||||||||||||||
| Receivables: |
||||||||||||||||||||
| Investment securities sold |
594,673 | 297,771 | 710,404 | — | 10,366 | |||||||||||||||
| Dividends and interest |
43 | 298,987 | 325,604 | 12,814 | 63,805 | |||||||||||||||
| Foreign tax reclaims |
415,741 | 128,051 | 76,172 | 33,220 | 37,562 | |||||||||||||||
| Total Assets |
423,489,830 | 163,201,787 | 335,127,696 | 38,314,528 | 26,696,881 | |||||||||||||||
| LIABILITIES: |
||||||||||||||||||||
| Due to foreign custodian |
733,466 | — | 150,704 | 183,372 | 30,930 | |||||||||||||||
| Payables: |
||||||||||||||||||||
| Investment securities purchased |
— | 1,020,083 | 1,040,864 | — | — | |||||||||||||||
| Unrealized depreciation on foreign currency contracts |
591 | 37 | 2,002 | — | 95 | |||||||||||||||
| Collateral for securities on loan (Note 2) |
356,003 | 6,951,061 | 2,027,018 | — | 941,008 | |||||||||||||||
| Advisory fees (Note 3) |
292 | 72,525 | 127,945 | 2,096 | 10,816 | |||||||||||||||
| Service fees (Note 2) |
1,500 | 550 | 1,173 | 129 | 82 | |||||||||||||||
| Total Liabilities |
1,091,852 | 8,044,256 | 3,349,706 | 185,597 | 982,931 | |||||||||||||||
| NET ASSETS |
$ | 422,397,978 | $ | 155,157,531 | $ | 331,777,990 | $ | 38,128,931 | $ | 25,713,950 | ||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Paid-in capital |
$ | 575,764,562 | $ | 228,559,284 | $ | 297,466,328 | $ | 55,389,007 | $ | 50,536,524 | ||||||||||
| Undistributed (Distributions in excess of) net investment income |
3,772,777 | 53,112 | (5,460,376 | ) | 187,932 | (2,348 | ) | |||||||||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(218,429,698 | ) | (71,882,443 | ) | (9,986,565 | ) | (22,592,606 | ) | (24,251,241 | ) | ||||||||||
| Net unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
61,290,337 | (1,572,422 | ) | 49,758,603 | 5,144,598 | (568,985 | ) | |||||||||||||
| NET ASSETS |
$ | 422,397,978 | $ | 155,157,531 | $ | 331,777,990 | $ | 38,128,931 | $ | 25,713,950 | ||||||||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
9,150,000 | 3,650,000 | 7,650,000 | 950,000 | 700,000 | |||||||||||||||
| Net asset value per share |
$ | 46.16 | $ | 42.51 | $ | 43.37 | $ | 40.14 | $ | 36.73 | ||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Europe Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree Global Equity Income Fund thereafter. |
See Notes to Financial Statements.
| 70 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Assets and Liabilities (unaudited) (continued)
WisdomTree International Dividend Funds
September 30, 2009
| WisdomTree Japan Total Dividend Fund |
WisdomTree World ex-U.S. Growth Fund1 |
WisdomTree Japan SmallCap Dividend Fund |
WisdomTree Pacific ex-Japan Total Dividend Fund |
WisdomTree Pacific ex-Japan Equity Income Fund |
||||||||||||||||
| ASSETS: |
||||||||||||||||||||
| Investments, at cost |
$ | 89,322,379 | $ | 15,933,906 | $ | 125,886,072 | $ | 140,559,272 | $ | 101,585,483 | ||||||||||
| Foreign currency, at cost |
10,051 | 141,481 | 13,366 | 884,718 | 352,430 | |||||||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
88,007,874 | 18,037,030 | 122,593,978 | 152,303,444 | 107,946,071 | |||||||||||||||
| Foreign currency, at value |
10,182 | 142,091 | 13,434 | 892,588 | 357,983 | |||||||||||||||
| Receivables: |
||||||||||||||||||||
| Investment securities sold |
48,625 | — | 322,972 | — | — | |||||||||||||||
| Unrealized appreciation on foreign currency contracts |
— | 383 | 6 | 18 | — | |||||||||||||||
| Dividends and interest |
701,302 | 31,593 | 793,881 | 574,074 | 455,164 | |||||||||||||||
| Foreign tax reclaims |
— | 351 | — | 114 | — | |||||||||||||||
| Capital shares sold |
— | — | — | 2,842,418 | 2,633,033 | |||||||||||||||
| Total Assets |
88,767,983 | 18,211,448 | 123,724,271 | 156,612,656 | 111,392,251 | |||||||||||||||
| LIABILITIES: |
||||||||||||||||||||
| Due to foreign custodian |
65,063 | 101,825 | — | — | 71,486 | |||||||||||||||
| Payables: |
||||||||||||||||||||
| Investment securities purchased |
— | — | 533,190 | 4,634,838 | 2,631,660 | |||||||||||||||
| Unrealized depreciation on foreign currency contracts |
452 | 337 | 2,668 | 189 | — | |||||||||||||||
| Collateral for securities on loan (Note 2) |
867,008 | 61,001 | 4,076,036 | 554,005 | 5,331,047 | |||||||||||||||
| Advisory fees (Note 3) |
31,844 | 8,610 | 51,602 | 52,965 | 36,836 | |||||||||||||||
| Service fees (Note 2) |
292 | 65 | 392 | 486 | 279 | |||||||||||||||
| Total Liabilities |
964,659 | 171,838 | 4,663,888 | 5,242,483 | 8,071,308 | |||||||||||||||
| NET ASSETS |
$ | 87,803,324 | $ | 18,039,610 | $ | 119,060,383 | $ | 151,370,173 | $ | 103,320,943 | ||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Paid-in capital |
$ | 94,100,736 | $ | 29,182,075 | $ | 139,215,370 | $ | 160,004,708 | $ | 112,713,851 | ||||||||||
| Undistributed (Distributions in excess of) net investment income |
301,227 | (92,088 | ) | 629,594 | 4,574 | 103,310 | ||||||||||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(5,288,342 | ) | (13,154,727 | ) | (17,497,215 | ) | (20,414,448 | ) | (15,877,661 | ) | ||||||||||
| Net unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
(1,310,297 | ) | 2,104,350 | (3,287,366 | ) | 11,775,339 | 6,381,443 | |||||||||||||
| NET ASSETS |
$ | 87,803,324 | $ | 18,039,610 | $ | 119,060,383 | $ | 151,370,173 | $ | 103,320,943 | ||||||||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
2,150,000 | 400,000 | 2,850,000 | 2,600,000 | 1,900,000 | |||||||||||||||
| Net asset value per share |
$ | 40.84 | $ | 45.10 | $ | 41.78 | $ | 58.22 | $ | 54.38 | ||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Japan Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree World ex-U.S. Growth Fund thereafter. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 71 |
Table of Contents
Statements of Assets and Liabilities (unaudited) (continued)
WisdomTree International Dividend Funds
September 30, 2009
| WisdomTree International LargeCap Dividend Fund |
WisdomTree International Dividend ex-Financials Fund1 |
WisdomTree International MidCap Dividend Fund |
WisdomTree International SmallCap Dividend Fund |
WisdomTree Emerging Markets Equity Income Fund |
||||||||||||||||
| ASSETS: |
||||||||||||||||||||
| Investments, at cost |
$ | 125,775,591 | $ | 143,958,956 | $ | 145,071,061 | $ | 409,103,900 | $ | 312,873,369 | ||||||||||
| Foreign currency, at cost |
301,377 | 269,732 | 486,296 | 1,170,302 | 5,100,229 | |||||||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
120,371,543 | 152,042,032 | 132,527,461 | 413,231,661 | 356,282,916 | |||||||||||||||
| Foreign currency, at value |
301,498 | 269,142 | 476,624 | 1,185,666 | 5,139,743 | |||||||||||||||
| Receivables: |
||||||||||||||||||||
| Investment securities sold |
— | — | 718,382 | 394,864 | 81,182 | |||||||||||||||
| Unrealized appreciation on foreign currency contracts |
— | — | 3 | — | 1,842 | |||||||||||||||
| Dividends and interest |
239,769 | 224,869 | 419,330 | 1,969,381 | 959,393 | |||||||||||||||
| Foreign tax reclaims |
130,346 | 300,873 | 123,092 | 191,458 | — | |||||||||||||||
| Capital shares sold |
— | — | — | — | 4,654,123 | |||||||||||||||
| Total Assets |
121,043,156 | 152,836,916 | 134,264,892 | 416,973,030 | 367,119,199 | |||||||||||||||
| LIABILITIES: |
||||||||||||||||||||
| Due to foreign custodian |
33,236 | — | 330,479 | 274,059 | 5,815,589 | |||||||||||||||
| Payables: |
||||||||||||||||||||
| Investment securities purchased |
— | — | 947,260 | — | 2,960,182 | |||||||||||||||
| Unrealized depreciation on foreign currency contracts |
1,179 | 447 | 2,182 | 3,385 | 1,043 | |||||||||||||||
| Collateral for securities on loan (Note 2) |
3,636,032 | 3,368,030 | 4,394,039 | 26,544,234 | 1,670,015 | |||||||||||||||
| Advisory fees (Note 3) |
44,533 | 68,288 | 56,993 | 182,464 | 174,095 | |||||||||||||||
| Service fees (Note 2) |
408 | 518 | 432 | 1,384 | 1,216 | |||||||||||||||
| Total Liabilities |
3,715,388 | 3,437,283 | 5,731,385 | 27,005,526 | 10,622,140 | |||||||||||||||
| NET ASSETS |
$ | 117,327,768 | $ | 149,399,633 | $ | 128,533,507 | $ | 389,967,504 | $ | 356,497,059 | ||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Paid-in capital |
$ | 157,896,518 | $ | 292,653,742 | $ | 207,823,354 | $ | 605,623,927 | $ | 359,079,540 | ||||||||||
| Undistributed (Distributions in excess of) net investment income |
102,735 | 63,721 | 123,904 | 965,111 | (83,418 | ) | ||||||||||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(35,274,787 | ) | (151,407,316 | ) | (66,863,861 | ) | (220,775,237 | ) | (45,971,787 | ) | ||||||||||
| Net unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
(5,396,698 | ) | 8,089,486 | (12,549,890 | ) | 4,153,703 | 43,472,724 | |||||||||||||
| NET ASSETS |
$ | 117,327,768 | $ | 149,399,633 | $ | 128,533,507 | $ | 389,967,504 | $ | 356,497,059 | ||||||||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
2,600,000 | 3,550,000 | 2,700,000 | 8,700,000 | 7,600,000 | |||||||||||||||
| Net asset value per share |
$ | 45.13 | $ | 42.08 | $ | 47.61 | $ | 44.82 | $ | 46.91 | ||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree International Dividend Top 100 Fund through May 8, 2009 and the investment objective and strategy of the WisdomTree International Dividend ex-Financials Fund thereafter. |
See Notes to Financial Statements.
| 72 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Assets and Liabilities (unaudited) (concluded)
WisdomTree International Dividend Funds
September 30, 2009
| WisdomTree Emerging Markets SmallCap Dividend Fund |
WisdomTree Middle East Dividend Fund |
|||||||
| ASSETS: |
||||||||
| Investments, at cost |
$ | 177,205,742 | $ | 10,165,714 | ||||
| Foreign currency, at cost |
1,802,867 | 8,654 | ||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
202,775,305 | 10,882,364 | ||||||
| Foreign currency, at value |
1,805,545 | 8,689 | ||||||
| Receivables: |
||||||||
| Investment securities sold |
145,938 | — | ||||||
| Dividends and interest |
272,872 | 26,370 | ||||||
| Foreign tax reclaims |
359 | — | ||||||
| Capital shares sold |
5,138 | 34,266 | ||||||
| Total Assets |
205,005,157 | 10,951,689 | ||||||
| LIABILITIES: |
||||||||
| Due to foreign custodian |
1,077,253 | — | ||||||
| Payables: |
||||||||
| Investment securities purchased |
12,070 | — | ||||||
| Collateral for securities on loan (Note 2) |
584,005 | — | ||||||
| Advisory fees (Note 3) |
91,920 | 6,003 | ||||||
| Service fees (Note 2) |
647 | 1,804 | ||||||
| Total Liabilities |
1,765,895 | 7,807 | ||||||
| NET ASSETS |
$ | 203,239,262 | $ | 10,943,882 | ||||
| NET ASSETS: |
||||||||
| Paid-in capital |
$ | 197,125,766 | $ | 18,178,853 | ||||
| Undistributed net investment income |
104,936 | 8,549 | ||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(19,568,484 | ) | (7,960,256 | ) | ||||
| Net unrealized appreciation on investments and translation of assets and liabilities denominated in foreign currencies |
25,577,044 | 716,736 | ||||||
| NET ASSETS |
$ | 203,239,262 | $ | 10,943,882 | ||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
5,100,000 | 700,000 | ||||||
| Net asset value per share |
$ | 39.85 | $ | 15.63 | ||||
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 73 |
Table of Contents
Statements of Operations (unaudited)
WisdomTree International Dividend Funds
For the Six Months Ended September 30, 2009
| WisdomTree DEFA Fund |
WisdomTree DEFA Equity Income Fund |
WisdomTree Europe Total Dividend Fund |
WisdomTree Global Equity Income Fund1 |
WisdomTree Europe SmallCap Dividend Fund |
||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||
| Dividends2 |
$ | 15,613,018 | $ | 3,972,272 | $ | 2,475,808 | $ | 1,312,187 | $ | 522,115 | ||||||||||
| Securities lending income (Note 2) |
175,421 | 143,091 | 43,665 | 21,151 | 224 | |||||||||||||||
| Total investment income |
15,788,439 | 4,115,363 | 2,519,473 | 1,333,338 | 522,339 | |||||||||||||||
| EXPENSES: |
||||||||||||||||||||
| Advisory fees (Note 3) |
878,261 | 353,062 | 404,203 | 75,407 | 53,274 | |||||||||||||||
| Service fees (Note 2) |
8,050 | 2,678 | 3,705 | 572 | 404 | |||||||||||||||
| Total expenses |
886,311 | 355,740 | 407,908 | 75,979 | 53,678 | |||||||||||||||
| Expense waiver (Note 2) |
(497,852 | ) | — | — | (40,460 | ) | — | |||||||||||||
| Net expenses |
388,459 | 355,740 | 407,908 | 35,519 | 53,678 | |||||||||||||||
| Net investment income |
15,399,980 | 3,759,623 | 2,111,565 | 1,297,819 | 468,661 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||
| Investment transactions |
(143,533,961 | ) | (26,714,471 | ) | (3,651,123 | ) | (10,556,590 | ) | (8,160,293 | ) | ||||||||||
| In-kind redemptions |
1,772,478 | — | 127 | — | — | |||||||||||||||
| Foreign currency related transactions |
261,372 | 87,798 | 8,525 | 42,145 | 17,503 | |||||||||||||||
| Net realized loss |
(141,500,111 | ) | (26,626,673 | ) | (3,642,471 | ) | (10,514,445 | ) | (8,142,790 | ) | ||||||||||
| Net change in unrealized appreciation (depreciation) from: |
||||||||||||||||||||
| Investment transactions |
268,820,978 | 73,833,192 | 62,723,736 | 20,091,564 | 16,781,535 | |||||||||||||||
| Translation of assets and liabilities denominated in foreign currencies |
20,867 | 2,877 | (6,752 | ) | 2,773 | 1,454 | ||||||||||||||
| Net change in unrealized appreciation |
268,841,845 | 73,836,069 | 62,716,984 | 20,094,337 | 16,782,989 | |||||||||||||||
| Net realized and unrealized gain on investments |
127,341,734 | 47,209,396 | 59,074,513 | 9,579,892 | 8,640,199 | |||||||||||||||
| NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 142,741,714 | $ | 50,969,019 | $ | 61,186,078 | $ | 10,877,711 | $ | 9,108,860 | ||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Europe Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree Global Equity Income Fund thereafter. |
| 2 | Net of foreign withholding tax of $872,247, $441,399, $272,978, $96,392 and $47,530, respectively. |
See Notes to Financial Statements.
| 74 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Operations (unaudited) (continued)
WisdomTree International Dividend Funds
For the Six Months Ended September 30, 2009
| WisdomTree Japan Total Dividend Fund |
WisdomTree World ex-U.S. Growth Fund1 |
WisdomTree Japan SmallCap Dividend Fund |
WisdomTree Pacific ex-Japan Total Dividend Fund |
WisdomTree Pacific ex-Japan Equity Income Fund |
||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||
| Dividends2 |
$ | 764,842 | $ | 247,274 | $ | 834,975 | $ | 2,169,696 | $ | 1,213,955 | ||||||||||
| Securities lending income (Note 2) |
736 | 845 | 27,981 | 1,652 | 2,118 | |||||||||||||||
| Total investment income |
765,578 | 248,119 | 862,956 | 2,171,348 | 1,216,073 | |||||||||||||||
| EXPENSES: |
||||||||||||||||||||
| Advisory fees (Note 3) |
123,824 | 59,446 | 228,149 | 200,435 | 120,657 | |||||||||||||||
| Service fees (Note 2) |
1,135 | 451 | 1,731 | 1,837 | 915 | |||||||||||||||
| Total expenses |
124,959 | 59,897 | 229,880 | 202,272 | 121,572 | |||||||||||||||
| Net investment income |
640,619 | 188,222 | 633,076 | 1,969,076 | 1,094,501 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||
| Investment transactions |
(2,815,778 | ) | (6,414,638 | ) | (9,045,888 | ) | (9,158,168 | ) | (6,749,392 | ) | ||||||||||
| In-kind redemptions |
175,668 | 38,212 | 46,478 | — | 2,594,350 | |||||||||||||||
| Foreign currency related transactions |
3,899 | 97,374 | (10,514 | ) | 66,275 | 43,993 | ||||||||||||||
| Net realized loss |
(2,636,211 | ) | (6,279,052 | ) | (9,009,924 | ) | (9,091,893 | ) | (4,111,049 | ) | ||||||||||
| Net change in unrealized appreciation from: |
||||||||||||||||||||
| Investment transactions |
11,568,986 | 11,477,060 | 29,655,870 | 43,826,555 | 26,568,694 | |||||||||||||||
| Translation of assets and liabilities denominated in foreign currencies |
5,731 | 3,227 | 11,735 | 12,934 | 6,106 | |||||||||||||||
| Net change in unrealized appreciation |
11,574,717 | 11,480,287 | 29,667,605 | 43,839,489 | 26,574,800 | |||||||||||||||
| Net realized and unrealized gain on investments |
8,938,506 | 5,201,235 | 20,657,681 | 34,747,596 | 22,463,751 | |||||||||||||||
| NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 9,579,125 | $ | 5,389,457 | $ | 21,290,757 | $ | 36,716,672 | $ | 23,558,252 | ||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Japan Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree World ex-U.S. Growth Fund thereafter. |
| 2 | Net of foreign withholding tax of $57,558, $14,176, $62,800, $53,025 and $19,595, respectively. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 75 |
Table of Contents
Statements of Operations (unaudited) (continued)
WisdomTree International Dividend Funds
For the Six Months Ended September 30, 2009
| WisdomTree International LargeCap Dividend Fund |
WisdomTree International Dividend ex-Financials Fund1 |
WisdomTree International MidCap Dividend Fund |
WisdomTree International SmallCap Dividend Fund |
WisdomTree Emerging Markets Equity Income Fund |
||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||
| Dividends2 |
$ | 2,767,228 | $ | 4,553,866 | $ | 2,789,449 | $ | 6,921,851 | $ | 8,832,794 | ||||||||||
| Securities lending income (Note 2) |
87,943 | 79,292 | 56,597 | 71,591 | 2,090 | |||||||||||||||
| Total investment income |
2,855,171 | 4,633,158 | 2,846,046 | 6,993,442 | 8,834,884 | |||||||||||||||
| EXPENSES: |
||||||||||||||||||||
| Advisory fees (Note 3) |
230,367 | 363,018 | 302,070 | 931,458 | 849,066 | |||||||||||||||
| Service fees (Note 2) |
2,112 | 2,754 | 2,292 | 7,066 | 5,930 | |||||||||||||||
| Total expenses |
232,479 | 365,772 | 304,362 | 938,524 | 854,996 | |||||||||||||||
| Net investment income |
2,622,692 | 4,267,386 | 2,541,684 | 6,054,918 | 7,979,888 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||
| Investment transactions |
(14,032,397 | ) | (63,904,747 | ) | (28,021,255 | ) | (96,361,991 | ) | (28,318,341 | ) | ||||||||||
| In-kind redemptions |
480,163 | 60,385 | (3,441,944 | ) | — | 1,867,987 | ||||||||||||||
| Foreign currency related transactions |
53,959 | 107,773 | 90,971 | 188,196 | 276,587 | |||||||||||||||
| Net realized loss |
(13,498,275 | ) | (63,736,589 | ) | (31,372,228 | ) | (96,173,795 | ) | (26,173,767 | ) | ||||||||||
| Net change in unrealized appreciation (depreciation) from: |
||||||||||||||||||||
| Investment transactions |
46,949,155 | 110,612,578 | 73,450,209 | 231,012,379 | 128,629,774 | |||||||||||||||
| Translation of assets and liabilities denominated in foreign currencies |
943 | 19,197 | (8,309 | ) | 24,956 | 49,323 | ||||||||||||||
| Net change in unrealized appreciation |
46,950,098 | 110,631,775 | 73,441,900 | 231,037,335 | 128,679,097 | |||||||||||||||
| Net realized and unrealized gain on investments |
33,451,823 | 46,895,186 | 42,069,672 | 134,863,540 | 102,505,330 | |||||||||||||||
| NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 36,074,515 | $ | 51,162,572 | $ | 44,611,356 | $ | 140,918,458 | $ | 110,485,218 | ||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree International Dividend Top 100 Fund through May 8, 2009 and the investment objective and strategy of the WisdomTree International Dividend ex-Financials Fund thereafter. |
| 2 | Net of foreign withholding tax of $309,911, $523,722, $325,974, $540,002, and $1,290,205, respectively. |
See Notes to Financial Statements.
| 76 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Operations (unaudited) (concluded)
WisdomTree International Dividend Funds
For the Six Months Ended September 30, 2009
| WisdomTree Emerging Markets SmallCap Dividend Fund |
WisdomTree Middle East Dividend Fund |
|||||||
| INVESTMENT INCOME: |
||||||||
| Dividends1 |
$ | 3,172,866 | $ | 232,424 | ||||
| Securities lending income (Note 2) |
3,336 | — | ||||||
| Total investment income |
3,176,202 | 232,424 | ||||||
| EXPENSES: |
||||||||
| Advisory fees (Note 3) |
358,377 | 30,959 | ||||||
| Service fees (Note 2) |
2,503 | — | ||||||
| Audit/tax |
— | 15,350 | ||||||
| Custody/accounting |
— | 5,755 | ||||||
| Directors |
— | 3,545 | ||||||
| Legal |
— | 2,944 | ||||||
| Printing |
— | 583 | ||||||
| Other |
— | 3,741 | ||||||
| Total Expenses |
360,880 | 62,877 | ||||||
| Expenses reimbursed (Note 2) |
(714 | ) | (22,673 | ) | ||||
| Net Expenses |
360,166 | 40,204 | ||||||
| Net investment income |
2,816,036 | 192,220 | ||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||
| Net realized gain (loss) from: |
||||||||
| Investment transactions |
(10,590,302 | ) | (4,904,217 | ) | ||||
| In-kind redemptions |
2,029,121 | — | ||||||
| Foreign currency related transactions |
(25,656 | ) | (22,553 | ) | ||||
| Net realized loss |
(8,586,837 | ) | (4,926,770 | ) | ||||
| Net change in unrealized appreciation (depreciation) from: |
||||||||
| Investment transactions |
52,187,463 | 7,289,130 | ||||||
| Translation of assets and liabilities denominated in foreign currencies |
6,400 | (4,194 | ) | |||||
| Net change in unrealized appreciation |
52,193,863 | 7,284,936 | ||||||
| Net realized and unrealized gain on investments |
43,607,026 | 2,358,166 | ||||||
| NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 46,423,062 | $ | 2,550,386 | ||||
| 1 | Net of foreign withholding tax of $584,796, and $8,247, respectively. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 77 |
Table of Contents
Statements of Changes in Net Assets
WisdomTree International Dividend Funds
| WisdomTree DEFA Fund |
WisdomTree DEFA Equity Income Fund |
WisdomTree Europe Total Dividend Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 15,399,980 | $ | 15,464,077 | $ | 3,759,623 | $ | 8,663,791 | $ | 2,111,565 | $ | 1,392,441 | ||||||||||||
| Net realized loss on investments and foreign currency related transactions |
(141,500,111 | ) | (74,997,792 | ) | (26,626,673 | ) | (45,078,074 | ) | (3,642,471 | ) | (8,840,036 | ) | ||||||||||||
| Net change in unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
268,841,845 | (184,596,085 | ) | 73,836,069 | (61,460,788 | ) | 62,716,984 | (12,623,082 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
142,741,714 | (244,129,800 | ) | 50,969,019 | (97,875,071 | ) | 61,186,078 | (20,070,677 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(13,080,397 | ) | (16,276,475 | ) | (3,835,647 | ) | (9,694,798 | ) | (7,655,085 | ) | (1,486,596 | ) | ||||||||||||
| Total dividends |
(13,080,397 | ) | (16,276,475 | ) | (3,835,647 | ) | (9,694,798 | ) | (7,655,085 | ) | (1,486,596 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
11,101,017 | 161,237,933 | 19,901,243 | 43,349,186 | 263,413,341 | 5,942,450 | ||||||||||||||||||
| Cost of shares redeemed |
(20,749,683 | ) | (23,832,508 | ) | — | (88,064,007 | ) | — | (12,950,848 | ) | ||||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
(9,648,666 | ) | 137,405,425 | 19,901,243 | (44,714,821 | ) | 263,413,341 | (7,008,398 | ) | |||||||||||||||
| Net Increase (Decrease) in Net Assets |
120,012,651 | (123,000,850 | ) | 67,034,615 | (152,284,690 | ) | 316,944,334 | (28,565,671 | ) | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 302,385,327 | $ | 425,386,177 | $ | 88,122,916 | $ | 240,407,606 | $ | 14,833,656 | $ | 43,399,327 | ||||||||||||
| End of period |
$ | 422,397,978 | $ | 302,385,327 | $ | 155,157,531 | $ | 88,122,916 | $ | 331,777,990 | $ | 14,833,656 | ||||||||||||
| Undistributed (Distributions in excess of) net investment income included in net assets at end of period |
$ | 3,772,777 | $ | 1,453,194 | $ | 53,112 | $ | 129,136 | $ | (5,460,376 | ) | $ | 83,144 | |||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
9,450,000 | 6,750,000 | 3,100,000 | 4,000,000 | 500,000 | 700,000 | ||||||||||||||||||
| Shares created |
250,000 | 3,150,000 | 550,000 | 900,000 | 7,150,000 | 100,000 | ||||||||||||||||||
| Shares redeemed |
(550,000 | ) | (450,000 | ) | — | (1,800,000 | ) | — | (300,000 | ) | ||||||||||||||
| Shares outstanding, end of period |
9,150,000 | 9,450,000 | 3,650,000 | 3,100,000 | 7,650,000 | 500,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 78 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Funds
| WisdomTree Global Equity Income Fund |
WisdomTree Europe SmallCap Dividend Fund |
WisdomTree Japan Total Dividend Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 20091 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 1,297,819 | $ | 1,749,282 | $ | 468,661 | $ | 1,727,740 | $ | 640,619 | $ | 396,753 | ||||||||||||
| Net realized loss on investments and foreign currency related transactions |
(10,514,445 | ) | (11,691,791 | ) | (8,142,790 | ) | (15,159,973 | ) | (2,636,211 | ) | (4,312,780 | ) | ||||||||||||
| Net change in unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
20,094,337 | (12,399,286 | ) | 16,782,989 | (8,989,483 | ) | 11,574,717 | (8,038,239 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
10,877,711 | (22,341,795 | ) | 9,108,860 | (22,421,716 | ) | 9,579,125 | (11,954,266 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(1,139,010 | ) | (1,903,608 | ) | (556,542 | ) | (1,802,430 | ) | (541,424 | ) | (559,727 | ) | ||||||||||||
| Total dividends |
(1,139,010 | ) | (1,903,608 | ) | (556,542 | ) | (1,802,430 | ) | (541,424 | ) | (559,727 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
9,603,485 | 11,191,402 | 3,695,026 | 5,396,168 | 82,738,120 | 23,587,836 | ||||||||||||||||||
| Cost of shares redeemed |
— | (15,281,113 | ) | — | (14,483,079 | ) | (23,184,950 | ) | (20,865,377 | ) | ||||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
9,603,485 | (4,089,711 | ) | 3,695,026 | (9,086,911 | ) | 59,553,170 | 2,722,459 | ||||||||||||||||
| Net Increase (Decrease) in Net Assets |
19,342,186 | (28,335,114 | ) | 12,247,344 | (33,311,057 | ) | 68,590,871 | (9,791,534 | ) | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 18,786,745 | $ | 47,121,859 | $ | 13,466,606 | $ | 46,777,663 | $ | 19,212,453 | $ | 29,003,987 | ||||||||||||
| End of period |
$ | 38,128,931 | $ | 18,786,745 | $ | 25,713,950 | $ | 13,466,606 | $ | 87,803,324 | $ | 19,212,453 | ||||||||||||
| Undistributed (Distributions in excess of) net investment income included in net assets at end of period |
$ | 187,932 | $ | 29,123 | $ | (2,348 | ) | $ | 85,533 | $ | 301,227 | $ | 202,032 | |||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
700,000 | 800,000 | 600,000 | 800,000 | 600,000 | 600,000 | ||||||||||||||||||
| Shares created |
250,000 | 200,000 | 100,000 | 100,000 | 2,150,000 | 600,000 | ||||||||||||||||||
| Shares redeemed |
— | (300,000 | ) | — | (300,000 | ) | (600,000 | ) | (600,000 | ) | ||||||||||||||
| Shares outstanding, end of period |
950,000 | 700,000 | 700,000 | 600,000 | 2,150,000 | 600,000 | ||||||||||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Europe Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree Global Equity Income Fund thereafter. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 79 |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Funds
| WisdomTree World ex-U.S. Growth Fund |
WisdomTree Japan SmallCap Dividend Fund |
WisdomTree Pacific ex-Japan Total Dividend Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 20091 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING |
|
|||||||||||||||||||||||
| Net investment income |
$ | 188,222 | $ | 487,648 | $ | 633,076 | $ | 1,289,490 | $ | 1,969,076 | $ | 4,088,227 | ||||||||||||
| Net realized loss on investments and foreign currency related transactions |
(6,279,052 | ) | (7,972,305 | ) | (9,009,924 | ) | (3,088,286 | ) | (9,091,893 | ) | (19,224,355 | ) | ||||||||||||
| Net change in unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
11,480,287 | (2,209,540 | ) | 29,667,605 | (20,694,507 | ) | 43,839,489 | (25,679,971 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
5,389,457 | (9,694,197 | ) | 21,290,757 | (22,493,303 | ) | 36,716,672 | (40,816,099 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(519,241 | ) | (623,658 | ) | (783,440 | ) | (1,401,224 | ) | (2,131,400 | ) | (5,131,577 | ) | ||||||||||||
| Total dividends |
(519,241 | ) | (623,658 | ) | (783,440 | ) | (1,401,224 | ) | (2,131,400 | ) | (5,131,577 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
— | 34,446,745 | 39,608,753 | 89,524,062 | 79,698,811 | 11,716,010 | ||||||||||||||||||
| Cost of shares redeemed |
(8,075,928 | ) | (32,637,287 | ) | (7,133,799 | ) | (74,851,551 | ) | — | (74,690,124 | ) | |||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
(8,075,928 | ) | 1,809,458 | 32,474,954 | 14,672,511 | 79,698,811 | (62,974,114 | ) | ||||||||||||||||
| Net Increase (Decrease) in Net Assets |
(3,205,712 | ) | (8,508,397 | ) | 52,982,271 | (9,222,016 | ) | 114,284,083 | (108,921,790 | ) | ||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 21,245,322 | $ | 29,753,719 | $ | 66,078,112 | $ | 75,300,128 | $ | 37,086,090 | $ | 146,007,880 | ||||||||||||
| End of period |
$ | 18,039,610 | $ | 21,245,322 | $ | 119,060,383 | $ | 66,078,112 | $ | 151,370,173 | $ | 37,086,090 | ||||||||||||
| Undistributed (Distributions in excess of) net investment income included in net assets at end of period |
$ | (92,088 | ) | $ | 238,931 | $ | 629,594 | $ | 779,958 | $ | 4,574 | $ | 166,898 | |||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
600,000 | 600,000 | 2,100,000 | 1,700,000 | 1,000,000 | 2,000,000 | ||||||||||||||||||
| Shares created |
— | 800,000 | 950,000 | 2,400,000 | 1,600,000 | 200,000 | ||||||||||||||||||
| Shares redeemed |
(200,000 | ) | (800,000 | ) | (200,000 | ) | (2,000,000 | ) | — | (1,200,000 | ) | |||||||||||||
| Shares outstanding, end of period |
400,000 | 600,000 | 2,850,000 | 2,100,000 | 2,600,000 | 1,000,000 | ||||||||||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree Japan Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree World ex-U.S. Growth Fund thereafter. |
See Notes to Financial Statements.
| 80 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Funds
| WisdomTree Pacific ex-Japan Equity Income Fund |
WisdomTree International LargeCap Dividend Fund |
WisdomTree International Dividend ex-Financials Fund1 |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING |
|
|||||||||||||||||||||||
| Net investment income |
$ | 1,094,501 | $ | 2,557,366 | $ | 2,622,692 | $ | 5,162,514 | $ | 4,267,386 | $ | 14,443,615 | ||||||||||||
| Net realized loss on investments and foreign currency related transactions |
(4,111,049 | ) | (13,129,775 | ) | (13,498,275 | ) | (22,204,870 | ) | (63,736,589 | ) | (88,685,093 | ) | ||||||||||||
| Net change in unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
26,574,800 | (14,757,865 | ) | 46,950,098 | (52,812,028 | ) | 110,631,775 | (81,123,650 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
23,558,252 | (25,330,274 | ) | 36,074,515 | (69,854,384 | ) | 51,162,572 | (155,365,128 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(1,172,697 | ) | (3,396,394 | ) | (2,951,270 | ) | (5,333,253 | ) | (4,312,228 | ) | (16,564,667 | ) | ||||||||||||
| Total dividends |
(1,172,697 | ) | (3,396,394 | ) | (2,951,270 | ) | (5,333,253 | ) | (4,312,228 | ) | (16,564,667 | ) | ||||||||||||
| CAPITAL SHARE |
|
|||||||||||||||||||||||
| Net proceeds from sale of shares |
96,640,747 | 19,158,117 | 8,921,624 | 22,669,776 | 18,343,864 | 67,590,960 | ||||||||||||||||||
| Cost of shares redeemed |
(37,264,347 | ) | (25,838,928 | ) | (3,645,545 | ) | (23,212,075 | ) | (21,099,564 | ) | (180,841,245 | ) | ||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
59,376,400 | (6,680,811 | ) | 5,276,079 | (542,299 | ) | (2,755,700 | ) | (113,250,285 | ) | ||||||||||||||
| Net Increase (Decrease) in Net Assets |
81,761,955 | (35,407,479 | ) | 38,399,324 | (75,729,936 | ) | 44,094,644 | (285,180,080 | ) | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 21,558,988 | $ | 56,966,467 | $ | 78,928,444 | $ | 154,658,380 | $ | 105,304,989 | $ | 390,485,069 | ||||||||||||
| End of period |
$ | 103,320,943 | $ | 21,558,988 | $ | 117,327,768 | $ | 78,928,444 | $ | 149,399,633 | $ | 105,304,989 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 103,310 | $ | 181,506 | $ | 102,735 | $ | 431,313 | $ | 63,721 | $ | 108,563 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
700,000 | 900,000 | 2,500,000 | 2,500,000 | 3,700,000 | 6,100,000 | ||||||||||||||||||
| Shares created |
2,200,000 | 300,000 | 200,000 | 500,000 | 450,000 | 1,100,000 | ||||||||||||||||||
| Shares redeemed |
(1,000,000 | ) | (500,000 | ) | (100,000 | ) | (500,000 | ) | (600,000 | ) | (3,500,000 | ) | ||||||||||||
| Shares outstanding, end of period |
1,900,000 | 700,000 | 2,600,000 | 2,500,000 | 3,550,000 | 3,700,000 | ||||||||||||||||||
| 1 | This information reflects the investment objective and strategy of the WisdomTree International Dividend Top 100 Fund through May 8, 2009 and the investment objective and strategy of the WisdomTree International Dividend ex-Financials Fund thereafter. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 81 |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Funds
| WisdomTree International MidCap Dividend Fund |
WisdomTree International SmallCap Dividend Fund |
WisdomTree Emerging Markets Equity Income Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING |
|
|||||||||||||||||||||||
| Net investment income |
$ | 2,541,684 | $ | 5,930,107 | $ | 6,054,918 | $ | 15,980,484 | $ | 7,979,888 | $ | 9,330,409 | ||||||||||||
| Net realized loss on investments and foreign currency related transactions |
(31,372,228 | ) | (46,740,889 | ) | (96,173,795 | ) | (112,005,258 | ) | (26,173,767 | ) | (18,274,116 | ) | ||||||||||||
| Net change in unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
73,441,900 | (59,916,972 | ) | 231,037,335 | (157,302,313 | ) | 128,679,097 | (83,998,031 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
44,611,356 | (100,727,754 | ) | 140,918,458 | (253,327,087 | ) | 110,485,218 | (92,941,738 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(2,806,904 | ) | (6,683,004 | ) | (6,732,434 | ) | (17,493,804 | ) | (8,849,513 | ) | (9,437,988 | ) | ||||||||||||
| Total dividends |
(2,806,904 | ) | (6,683,004 | ) | (6,732,434 | ) | (17,493,804 | ) | (8,849,513 | ) | (9,437,988 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
9,660,067 | 40,945,171 | 11,474,707 | 97,916,304 | 96,830,457 | 137,978,782 | ||||||||||||||||||
| Cost of shares redeemed |
(11,264,602 | ) | (64,304,797 | ) | — | (65,549,182 | ) | (19,323,942 | ) | (24,057,509 | ) | |||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
(1,604,535 | ) | (23,359,626 | ) | 11,474,707 | 32,367,122 | 77,506,515 | 113,921,273 | ||||||||||||||||
| Net Increase (Decrease) in Net Assets |
40,199,917 | (130,770,384 | ) | 145,660,731 | (238,453,769 | ) | 179,142,220 | 11,541,547 | ||||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 88,333,590 | $ | 219,103,974 | $ | 244,306,773 | $ | 482,760,542 | $ | 177,354,839 | $ | 165,813,292 | ||||||||||||
| End of period |
$ | 128,533,507 | $ | 88,333,590 | $ | 389,967,504 | $ | 244,306,773 | $ | 356,497,059 | $ | 177,354,839 | ||||||||||||
| Undistributed (Distributions in excess of) net investment income included in net assets at end of period |
$ | 123,904 | $ | 389,124 | $ | 965,111 | $ | 1,642,627 | $ | (83,418 | ) | $ | 786,207 | |||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
2,800,000 | 3,500,000 | 8,400,000 | 7,900,000 | 5,700,000 | 3,200,002 | ||||||||||||||||||
| Shares created |
200,000 | 700,000 | 300,000 | 1,800,000 | 2,400,000 | 3,000,000 | ||||||||||||||||||
| Shares redeemed |
(300,000 | ) | (1,400,000 | ) | — | (1,300,000 | ) | (500,000 | ) | (500,002 | ) | |||||||||||||
| Shares outstanding, end of period |
2,700,000 | 2,800,000 | 8,700,000 | 8,400,000 | 7,600,000 | 5,700,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 82 | WisdomTree International Dividend Funds |
Table of Contents
Statements of Changes in Net Assets (concluded)
WisdomTree International Dividend Funds
| WisdomTree Emerging Markets SmallCap Dividend Fund |
WisdomTree Middle East Dividend Fund |
|||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Period July 16, 2008* through March 31, 2009 |
|||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
||||||||||||||||
| Net investment income |
$ | 2,816,036 | $ | 2,759,319 | $ | 192,220 | $ | 235,712 | ||||||||
| Net realized loss on investments and foreign currency related transactions |
(8,586,837 | ) | (10,501,006 | ) | (4,926,770 | ) | (3,081,850 | ) | ||||||||
| Net change in unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
52,193,863 | (23,540,489 | ) | 7,284,936 | (6,568,200 | ) | ||||||||||
| Net increase (decrease) in net assets resulting from operations |
46,423,062 | (31,282,176 | ) | 2,550,386 | (9,414,338 | ) | ||||||||||
| DIVIDENDS: |
||||||||||||||||
| Net investment income |
(2,862,762 | ) | (2,648,831 | ) | (371,019 | ) | — | |||||||||
| Total dividends |
(2,862,762 | ) | (2,648,831 | ) | (371,019 | ) | — | |||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||
| Net proceeds from sale of shares |
130,597,569 | 44,020,889 | 4,140,315 | 20,350,628 | ||||||||||||
| Cost of shares redeemed |
(22,624,786 | ) | (11,125,217 | ) | (2,654,393 | ) | (3,657,697 | ) | ||||||||
| Net increase in net assets resulting from capital share transactions |
107,972,783 | 32,895,672 | 1,485,922 | 16,692,931 | ||||||||||||
| Net Increase (Decrease) in Net Assets |
151,533,083 | (1,035,335 | ) | 3,665,289 | 7,278,593 | |||||||||||
| NET ASSETS: |
||||||||||||||||
| Beginning of period |
$ | 51,706,179 | $ | 52,741,514 | $ | 7,278,593 | $ | — | ||||||||
| End of period |
$ | 203,239,262 | $ | 51,706,179 | $ | 10,943,882 | $ | 7,278,593 | ||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 104,936 | $ | 151,662 | $ | 8,549 | $ | 187,348 | ||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||
| Shares outstanding, beginning of period |
2,100,000 | 1,200,002 | 600,004 | — | ||||||||||||
| Shares created |
3,700,000 | 1,300,000 | 300,000 | 900,004 | ||||||||||||
| Shares redeemed |
(700,000 | ) | (400,002 | ) | (200,004 | ) | (300,000 | ) | ||||||||
| Shares outstanding, end of period |
5,100,000 | 2,100,000 | 700,000 | 600,004 | ||||||||||||
| * | Commencement of investment operations. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 83 |
Table of Contents
WisdomTree International Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree DEFA Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 32.00 | $ | 63.02 | $ | 64.15 | $ | 49.94 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
1.69 | 1.89 | 1.70 | 0.86 | ||||||||||||
| Net realized and unrealized gain (loss) |
13.91 | (31.04 | ) | (1.92 | ) | 13.58 | ||||||||||
| Total from investment operations |
15.60 | (29.15 | ) | (0.22 | ) | 14.44 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(1.44 | ) | (1.87 | ) | (0.91 | ) | (0.21 | ) | ||||||||
| Capital gains |
— | — | (0.00 | )3 | (0.02 | ) | ||||||||||
| Total dividends and distributions to shareholders |
(1.44 | ) | (1.87 | ) | (0.91 | ) | (0.23 | ) | ||||||||
| Net asset value, end of period |
$ | 46.16 | $ | 32.00 | $ | 63.02 | $ | 64.15 | ||||||||
| TOTAL RETURN4 |
49.34 | % | (46.61 | )% | (0.44 | )% | 28.94 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 422,398 | $ | 302,385 | $ | 425,386 | $ | 128,303 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.21 | %5 | 0.48 | % | 0.48 | % | 0.48 | %5 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.48 | %5 | 0.48 | % | 0.48 | % | 0.51 | %5 | ||||||||
| Net investment income |
8.42 | %5 | 4.01 | % | 2.54 | % | 1.97 | %5 | ||||||||
| Portfolio turnover rate6 |
101 | % | 30 | % | 10 | % | 11 | % | ||||||||
| WisdomTree DEFA Equity Income Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 28.43 | $ | 60.10 | $ | 63.62 | $ | 49.77 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
1.12 | 2.45 | 2.20 | 1.19 | ||||||||||||
| Net realized and unrealized gain (loss) |
14.07 | (31.09 | ) | (3.78 | ) | 12.94 | ||||||||||
| Total from investment operations |
15.19 | (28.64 | ) | (1.58 | ) | 14.13 | ||||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(1.11 | ) | (3.03 | ) | (1.94 | ) | (0.28 | ) | ||||||||
| Total dividends to shareholders |
(1.11 | ) | (3.03 | ) | (1.94 | ) | (0.28 | ) | ||||||||
| Net asset value, end of period |
$ | 42.51 | $ | 28.43 | $ | 60.10 | $ | 63.62 | ||||||||
| TOTAL RETURN4 |
54.31 | % | (48.27 | )% | (2.72 | )% | 28.41 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 155,158 | $ | 88,123 | $ | 240,408 | $ | 184,498 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.58 | %5 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.61 | %5 | ||||||||
| Net investment income |
6.18 | %5 | 5.27 | % | 3.32 | % | 2.71 | %5 | ||||||||
| Portfolio turnover rate6 |
38 | % | 40 | % | 16 | % | 19 | % | ||||||||
| 1 | Commencement of investment operations. |
| 2 | Based on average shares outstanding. |
| 3 | Amount is 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 5 | Annualized. |
| 6 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 84 | WisdomTree International Dividend Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Europe Total Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 29.67 | $ | 62.00 | $ | 63.64 | $ | 49.95 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.47 | 2.15 | 1.71 | 0.73 | ||||||||||||
| Net realized and unrealized gain (loss) |
14.33 | (32.00 | ) | (1.88 | ) | 13.17 | ||||||||||
| Total from investment operations |
14.80 | (29.85 | ) | (0.17 | ) | 13.90 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(1.10 | ) | (2.48 | ) | (1.47 | ) | (0.21 | ) | ||||||||
| Capital gains |
— | — | — | (0.00 | )3 | |||||||||||
| Total dividends and distributions to shareholders |
(1.10 | ) | (2.48 | ) | (1.47 | ) | (0.21 | ) | ||||||||
| Net asset value, end of period |
$ | 43.37 | $ | 29.67 | $ | 62.00 | $ | 63.64 | ||||||||
| TOTAL RETURN4 |
50.79 | % | (48.70 | )% | (0.43 | )% | 27.84 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 331,778 | $ | 14,834 | $ | 43,399 | $ | 38,185 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.48 | %5 | 0.48 | % | 0.48 | % | 0.48 | %5 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.48 | %5 | 0.48 | % | 0.48 | % | 0.58 | %5 | ||||||||
| Net investment income |
2.51 | %5 | 4.49 | % | 2.55 | % | 1.71 | %5 | ||||||||
| Portfolio turnover rate6 |
5 | % | 35 | % | 15 | % | 24 | % | ||||||||
| WisdomTree Global Equity Income Fund | For the Six Months Ended September 30, 2009a (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 26.84 | $ | 58.90 | $ | 63.15 | $ | 49.83 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
1.70 | 2.32 | 2.16 | 1.09 | ||||||||||||
| Net realized and unrealized gain (loss) |
13.09 | (31.66 | ) | (4.38 | ) | 12.55 | ||||||||||
| Total from investment operations |
14.79 | (29.34 | ) | (2.22 | ) | 13.64 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(1.49 | ) | (2.72 | ) | (2.03 | ) | (0.32 | ) | ||||||||
| Capital gains |
— | — | (0.00 | )3 | — | |||||||||||
| Total dividends and distributions to shareholders |
(1.49 | ) | (2.72 | ) | (2.03 | ) | (0.32 | ) | ||||||||
| Net asset value, end of period |
$ | 40.14 | $ | 26.84 | $ | 58.90 | $ | 63.15 | ||||||||
| TOTAL RETURN4 |
56.02 | % | (50.56 | )% | (3.76 | )% | 27.39 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 38,129 | $ | 18,787 | $ | 47,122 | $ | 50,520 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.27 | %5 | 0.58 | % | 0.58 | % | 0.58 | %5 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.65 | %5 | ||||||||
| Net investment income |
9.98 | %5 | 5.16 | % | 3.32 | % | 2.44 | %5 | ||||||||
| Portfolio turnover rate6 |
96 | % | 47 | % | 21 | % | 24 | % | ||||||||
| a | This information reflects the investment objective and strategy of the WisdomTree Europe Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree Global Equity Income Fund thereafter. |
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 5 | Annualized. |
| 6 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 85 |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Europe SmallCap Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 22.44 | $ | 58.47 | $ | 70.15 | $ | 50.42 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.76 | 2.50 | 2.32 | 1.31 | ||||||||||||
| Net realized and unrealized gain (loss) |
14.46 | (35.53 | ) | (9.78 | ) | 18.89 | ||||||||||
| Total from investment operations |
15.22 | (33.03 | ) | (7.46 | ) | 20.20 | ||||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.93 | ) | (3.00 | ) | (4.22 | ) | (0.47 | ) | ||||||||
| Total dividends to shareholders |
(0.93 | ) | (3.00 | ) | (4.22 | ) | (0.47 | ) | ||||||||
| Net asset value, end of period |
$ | 36.73 | $ | 22.44 | $ | 58.47 | $ | 70.15 | ||||||||
| TOTAL RETURN3 |
68.88 | % | (56.75 | )% | (10.72 | )% | 40.14 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 25,714 | $ | 13,467 | $ | 46,778 | $ | 147,316 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.58 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.62 | %4 | ||||||||
| Net investment income |
5.10 | %4 | 6.03 | % | 3.33 | % | 2.99 | %4 | ||||||||
| Portfolio turnover rate5 |
59 | % | 63 | % | 22 | % | 47 | % | ||||||||
| WisdomTree Japan Total Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 32.02 | $ | 48.34 | $ | 57.00 | $ | 50.32 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.49 | 0.57 | 0.64 | 0.56 | ||||||||||||
| Net realized and unrealized gain (loss) |
8.67 | (16.09 | ) | (8.82 | ) | 6.33 | ||||||||||
| Total from investment operations |
9.16 | (15.52 | ) | (8.18 | ) | 6.89 | ||||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.34 | ) | (0.80 | ) | (0.48 | ) | (0.21 | ) | ||||||||
| Total dividends to shareholders |
(0.34 | ) | (0.80 | ) | (0.48 | ) | (0.21 | ) | ||||||||
| Net asset value, end of period |
$ | 40.84 | $ | 32.02 | $ | 48.34 | $ | 57.00 | ||||||||
| TOTAL RETURN3 |
28.68 | % | (32.36 | )% | (14.39 | )% | 13.71 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 87,803 | $ | 19,212 | $ | 29,004 | $ | 51,301 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.48 | %4 | 0.48 | % | 0.48 | % | 0.48 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.48 | %4 | 0.48 | % | 0.48 | % | 0.54 | %4 | ||||||||
| Net investment income |
2.48 | %4 | 1.38 | % | 1.17 | % | 1.40 | %4 | ||||||||
| Portfolio turnover rate5 |
13 | % | 11 | % | 1 | % | 6 | % | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 86 | WisdomTree International Dividend Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree World ex-U.S. Growth Fund | For the Six Months Ended September 30, 2009a (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 35.41 | $ | 49.59 | $ | 59.42 | $ | 50.14 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.38 | 0.75 | 0.65 | 1.18 | ||||||||||||
| Net realized and unrealized gain (loss) |
10.48 | (13.89 | ) | (9.50 | ) | 8.44 | ||||||||||
| Total from investment operations |
10.86 | (13.14 | ) | (8.85 | ) | 9.62 | ||||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(1.17 | ) | (1.04 | ) | (0.98 | ) | (0.34 | ) | ||||||||
| Total dividends to shareholders |
(1.17 | ) | (1.04 | ) | (0.98 | ) | (0.34 | ) | ||||||||
| Net asset value, end of period |
$ | 45.10 | $ | 35.41 | $ | 49.59 | $ | 59.42 | ||||||||
| TOTAL RETURN3 |
30.92 | % | (26.84 | )% | (14.96 | )% | 19.22 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 18,040 | $ | 21,245 | $ | 29,754 | $ | 95,069 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.58 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.64 | %4 | ||||||||
| Net investment income |
1.84 | %4 | 1.70 | % | 1.18 | % | 3.00 | %4 | ||||||||
| Portfolio turnover rate5 |
125 | % | 47 | % | 1 | % | 6 | % | ||||||||
| WisdomTree Japan SmallCap Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 31.47 | $ | 44.29 | $ | 52.33 | $ | 50.69 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.30 | 0.64 | 0.69 | 0.95 | ||||||||||||
| Net realized and unrealized gain (loss) |
10.40 | (12.97 | ) | (8.12 | ) | 0.74 | ||||||||||
| Total from investment operations |
10.70 | (12.33 | ) | (7.43 | ) | 1.69 | ||||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(0.39 | ) | (0.49 | ) | (0.61 | ) | (0.05 | ) | ||||||||
| Total dividends to shareholders |
(0.39 | ) | (0.49 | ) | (0.61 | ) | (0.05 | ) | ||||||||
| Net asset value, end of period |
$ | 41.78 | $ | 31.47 | $ | 44.29 | $ | 52.33 | ||||||||
| TOTAL RETURN3 |
34.14 | % | (27.98 | )% | (14.23 | )% | 3.34 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 119,060 | $ | 66,078 | $ | 75,300 | $ | 99,419 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.58 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.64 | %4 | ||||||||
| Net investment income |
1.61 | %4 | 1.68 | % | 1.44 | % | 2.75 | %4 | ||||||||
| Portfolio turnover rate5 |
45 | % | 16 | % | 3 | % | 25 | % | ||||||||
| a | This information reflects the investment objective and strategy of the WisdomTree Japan Equity Income Fund through June 19, 2009 and the investment objective and strategy of the WisdomTree World ex-U.S. Growth Fund thereafter. |
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 87 |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Pacific ex-Japan Total Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 37.09 | $ | 73.00 | $ | 67.57 | $ | 49.71 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
1.13 | 2.86 | 2.69 | 1.40 | ||||||||||||
| Net realized and unrealized gain (loss) |
21.00 | (34.08 | ) | 4.61 | 16.85 | |||||||||||
| Total from investment operations |
22.13 | (31.22 | ) | 7.30 | 18.25 | |||||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(1.00 | ) | (4.69 | ) | (1.87 | ) | (0.39 | ) | ||||||||
| Total dividends to shareholders |
(1.00 | ) | (4.69 | ) | (1.87 | ) | (0.39 | ) | ||||||||
| Net asset value, end of period |
$ | 58.22 | $ | 37.09 | $ | 73.00 | $ | 67.57 | ||||||||
| TOTAL RETURN3 |
60.19 | % | (42.77 | )% | (10.58 | )% | 36.80 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 151,370 | $ | 37,086 | $ | 146,008 | $ | 74,329 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.48 | %4 | 0.48 | % | 0.48 | % | 0.48 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.48 | %4 | 0.48 | % | 0.48 | % | 0.54 | %4 | ||||||||
| Net investment income |
4.72 | %4 | 4.76 | % | 3.42 | % | 3.31 | %4 | ||||||||
| Portfolio turnover rate5 |
18 | % | 31 | % | 12 | % | 21 | % | ||||||||
| WisdomTree Pacific ex-Japan Equity Income Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 30.80 | $ | 63.30 | $ | 67.08 | $ | 49.02 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
1.10 | 3.00 | 3.24 | 2.18 | ||||||||||||
| Net realized and unrealized gain (loss) |
23.41 | (31.22 | ) | (3.40 | ) | 16.40 | ||||||||||
| Total from investment operations |
24.51 | (28.22 | ) | (0.16 | ) | 18.58 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.93 | ) | (4.28 | ) | (3.48 | ) | (0.52 | ) | ||||||||
| Capital gains |
— | — | (0.14 | ) | — | |||||||||||
| Total dividends and distributions to shareholders |
(0.93 | ) | (4.28 | ) | (3.62 | ) | (0.52 | ) | ||||||||
| Net asset value, end of period |
$ | 54.38 | $ | 30.80 | $ | 63.30 | $ | 67.08 | ||||||||
| TOTAL RETURN3 |
80.41 | % | (44.42 | )% | (0.69 | )% | 38.02 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 103,321 | $ | 21,559 | $ | 56,966 | $ | 87,205 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.58 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.63 | %4 | ||||||||
| Net investment income |
5.26 | %4 | 6.25 | % | 4.42 | % | 5.11 | %4 | ||||||||
| Portfolio turnover rate5 |
41 | % | 55 | % | 16 | % | 7 | % | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 88 | WisdomTree International Dividend Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International LargeCap Dividend Fund |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 31.57 | $ | 61.86 | $ | 62.55 | $ | 49.86 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
1.06 | 2.11 | 1.80 | 0.85 | ||||||||||||
| Net realized and unrealized gain (loss) |
13.71 | (29.98 | ) | (1.11 | ) | 12.14 | ||||||||||
| Total from investment operations |
14.77 | (27.87 | ) | 0.69 | 12.99 | |||||||||||
| Dividends to shareholders: |
||||||||||||||||
| Net investment income |
(1.21 | ) | (2.42 | ) | (1.38 | ) | (0.30 | ) | ||||||||
| Total dividends to shareholders |
(1.21 | ) | (2.42 | ) | (1.38 | ) | (0.30 | ) | ||||||||
| Net asset value, end of period |
$ | 45.13 | $ | 31.57 | $ | 61.86 | $ | 62.55 | ||||||||
| TOTAL RETURN3 |
47.46 | % | (45.57 | )% | 0.93 | % | 26.08 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 117,328 | $ | 78,928 | $ | 154,658 | $ | 87,569 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.48 | %4 | 0.48 | % | 0.48 | % | 0.48 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.48 | %4 | 0.48 | % | 0.48 | % | 0.52 | %4 | ||||||||
| Net investment income |
5.46 | %4 | 4.38 | % | 2.69 | % | 1.99 | %4 | ||||||||
| Portfolio turnover rate5 |
29 | % | 30 | % | 15 | % | 8 | % | ||||||||
| WisdomTree International Dividend ex-Financials Fund |
For the Six Months Ended September 30, 2009a (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 28.46 | $ | 64.01 | $ | 66.37 | $ | 49.77 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
1.22 | 2.93 | 2.29 | 1.03 | ||||||||||||
| Net realized and unrealized gain (loss) |
13.64 | (34.43 | ) | (2.86 | ) | 15.80 | ||||||||||
| Total from investment operations |
14.86 | (31.50 | ) | (0.57 | ) | 16.83 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(1.24 | ) | (4.05 | ) | (1.79 | ) | (0.22 | ) | ||||||||
| Capital gains |
— | — | — | (0.01 | ) | |||||||||||
| Total dividends and distributions to shareholders |
(1.24 | ) | (4.05 | ) | (1.79 | ) | (0.23 | ) | ||||||||
| Net asset value, end of period |
$ | 42.08 | $ | 28.46 | $ | 64.01 | $ | 66.37 | ||||||||
| TOTAL RETURN3 |
53.08 | % | (49.95 | )% | (1.05 | )% | 33.83 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 149,400 | $ | 105,305 | $ | 390,485 | $ | 278,743 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.58 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.60 | %4 | ||||||||
| Net investment income |
6.82 | %4 | 5.90 | % | 3.28 | % | 2.30 | %4 | ||||||||
| Portfolio turnover rate5 |
77 | % | 55 | % | 24 | % | 8 | % | ||||||||
| a | This information reflects the investment objective and strategy of the WisdomTree International Dividend Top 100 Fund through May 8, 2009 and the investment objective and strategy of the WisdomTree International Dividend ex-Financials Fund thereafter. |
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 89 |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International MidCap Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 31.55 | $ | 62.60 | $ | 67.56 | $ | 50.13 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.97 | 1.82 | 1.92 | 1.08 | ||||||||||||
| Net realized and unrealized gain (loss) |
16.20 | (30.64 | ) | (4.95 | ) | 16.73 | ||||||||||
| Total from investment operations |
17.17 | (28.82 | ) | (3.03 | ) | 17.81 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(1.11 | ) | (2.23 | ) | (1.81 | ) | (0.38 | ) | ||||||||
| Capital gains |
— | — | (0.12 | ) | — | |||||||||||
| Total dividends and distributions to shareholders |
(1.11 | ) | (2.23 | ) | (1.93 | ) | (0.38 | ) | ||||||||
| Net asset value, end of period |
$ | 47.61 | $ | 31.55 | $ | 62.60 | $ | 67.56 | ||||||||
| TOTAL RETURN3 |
55.16 | % | (46.43 | )% | (4.61 | )% | 35.57 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 128,534 | $ | 88,334 | $ | 219,104 | $ | 168,889 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.58 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.61 | %4 | ||||||||
| Net investment income |
4.88 | %4 | 3.80 | % | 2.76 | % | 2.53 | %4 | ||||||||
| Portfolio turnover rate5 |
47 | % | 32 | % | 18 | % | 44 | % | ||||||||
| WisdomTree International SmallCap Dividend Fund |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period June 16, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 29.08 | $ | 61.11 | $ | 67.80 | $ | 50.35 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.71 | 1.91 | 1.86 | 1.43 | ||||||||||||
| Net realized and unrealized gain (loss) |
15.82 | (31.83 | ) | (7.08 | ) | 16.28 | ||||||||||
| Total from investment operations |
16.53 | (29.92 | ) | (5.22 | ) | 17.71 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.79 | ) | (2.11 | ) | (1.41 | ) | (0.26 | ) | ||||||||
| Capital gains |
— | — | (0.06 | ) | — | |||||||||||
| Total dividends and distributions to shareholders |
(0.79 | ) | (2.11 | ) | (1.47 | ) | (0.26 | ) | ||||||||
| Net asset value, end of period |
$ | 44.82 | $ | 29.08 | $ | 61.11 | $ | 67.80 | ||||||||
| TOTAL RETURN3 |
57.38 | % | (49.23 | )% | (7.79 | )% | 35.21 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 389,968 | $ | 244,307 | $ | 482,761 | $ | 298,315 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.58 | %4 | ||||||||
| Expenses, prior to expense reimbursements/waivers |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.60 | %4 | ||||||||
| Net investment income |
3.77 | %4 | 4.31 | % | 2.71 | % | 3.33 | %4 | ||||||||
| Portfolio turnover rate5 |
62 | % | 43 | % | 17 | % | 39 | % | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 90 | WisdomTree International Dividend Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Emerging Markets Equity Income Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Period July 13, 20071 through March 31, 2008 |
|||||||||
| Net asset value, beginning of period |
$ | 31.11 | $ | 51.82 | $ | 50.68 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
1.20 | 2.01 | 1.12 | |||||||||
| Net realized and unrealized gain (loss) |
15.84 | (20.76 | ) | 0.51 | ||||||||
| Total from investment operations |
17.04 | (18.75 | ) | 1.63 | ||||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(1.24 | ) | (1.96 | ) | (0.49 | ) | ||||||
| Total dividends to shareholders |
(1.24 | ) | (1.96 | ) | (0.49 | ) | ||||||
| Net asset value, end of period |
$ | 46.91 | $ | 31.11 | $ | 51.82 | ||||||
| TOTAL RETURN3 |
55.27 | % | (36.21 | )% | 3.23 | % | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 356,497 | $ | 177,355 | $ | 165,813 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.63 | %4 | 0.63 | % | 0.63 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.63 | %4 | 0.63 | % | 0.63 | %4 | ||||||
| Net investment income |
5.92 | %4 | 4.96 | % | 3.18 | %4 | ||||||
| Portfolio turnover rate5 |
55 | % | 67 | % | 3 | % | ||||||
| WisdomTree Emerging Markets SmallCap Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Period October 30, 20071 through March 31, 2008 |
|||||||||
| Net asset value, beginning of period |
$ | 24.62 | $ | 43.95 | $ | 51.50 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.86 | 1.56 | 0.37 | |||||||||
| Net realized and unrealized gain (loss) |
15.08 | (19.57 | ) | (7.87 | ) | |||||||
| Total from investment operations |
15.94 | (18.01 | ) | (7.50 | ) | |||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(0.71 | ) | (1.32 | ) | (0.05 | ) | ||||||
| Total dividends to shareholders |
(0.71 | ) | (1.32 | ) | (0.05 | ) | ||||||
| Net asset value, end of period |
$ | 39.85 | $ | 24.62 | $ | 43.95 | ||||||
| TOTAL RETURN3 |
65.11 | % | (40.81 | )% | (14.57 | )% | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 203,239 | $ | 51,706 | $ | 52,742 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements/waivers |
0.63 | %4 | 0.63 | % | 0.63 | %4 | ||||||
| Expenses, prior to expense reimbursements/waivers |
0.63 | %4 | 0.63 | % | 0.63 | %4 | ||||||
| Net investment income |
4.95 | %4 | 4.98 | % | 1.99 | %4 | ||||||
| Portfolio turnover rate5 |
50 | % | 64 | % | 6 | % | ||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Funds | 91 |
Table of Contents
Financial Highlights (concluded)
WisdomTree International Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Middle East Dividend Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Period July 16, 20081 through March 31, 2009 |
||||||
| Net asset value, beginning of period |
$ | 12.13 | $ | 24.59 | ||||
| Investment operations: |
||||||||
| Net investment income2 |
0.29 | 0.32 | ||||||
| Net realized and unrealized gain (loss) |
3.83 | (12.78 | ) | |||||
| Total from investment operations |
4.12 | (12.46 | ) | |||||
| Dividends to shareholders: |
||||||||
| Net investment income |
(0.62 | ) | — | |||||
| Total dividends to shareholders |
(0.62 | ) | — | |||||
| Net asset value, end of period |
$ | 15.63 | $ | 12.13 | ||||
| TOTAL RETURN3 |
34.44 | % | (50.67 | )% | ||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||
| Net assets, end of period (000’s omitted) |
$ | 10,944 | $ | 7,279 | ||||
| Ratio to average net assets of: |
||||||||
| Expenses, net of expense reimbursements/waivers |
0.88 | %4 | 0.88 | %4 | ||||
| Expenses, prior to expense reimbursements/waivers |
1.38 | %4 | 1.49 | %4 | ||||
| Net investment income |
4.22 | %4 | 2.86 | %4 | ||||
| Portfolio turnover rate5 |
90 | % | 26 | % | ||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed/waived by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 92 | WisdomTree International Dividend Funds |
Table of Contents
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 pursuant to a Trust Instrument dated December 15, 2005. As of September 30, 2009, the Trust offered 51 investment funds (each a “Fund,” collectively, the “Funds”). The Funds described herein, commenced operations on June 16, 2006, with the exception of WisdomTree Emerging Markets Equity Income Fund, WisdomTree Emerging Markets SmallCap Dividend Fund and WisdomTree Middle East Dividend Fund, which commenced operations on July 13, 2007, October 30, 2007 and July 16, 2008, respectively.
These financial statements relate only to the WisdomTree DEFA Fund (“DEFA Fund”), WisdomTree DEFA Equity Income Fund (“DEFA Equity Income Fund”), WisdomTree Europe Total Dividend Fund (“Europe Total Dividend Fund”), WisdomTree Global Equity Income Fund, formerly WisdomTree Europe Equity Income Fund (“Global Equity Income Fund”), WisdomTree Europe SmallCap Dividend Fund (“Europe SmallCap Dividend Fund”), WisdomTree Japan Total Dividend Fund (“Japan Total Dividend Fund”), WisdomTree World ex-U.S. Growth Fund, formerly WisdomTree Japan Equity Income Fund (“World ex-U.S. Growth Fund”), WisdomTree Japan SmallCap Dividend Fund (“Japan SmallCap Dividend Fund”), WisdomTree Pacific ex-Japan Total Dividend Fund (“Pacific ex-Japan Total Dividend Fund”), WisdomTree Pacific ex-Japan Equity Income Fund (“Pacific ex-Japan Equity Income Fund”), WisdomTree International LargeCap Dividend Fund (“International LargeCap Dividend Fund”), WisdomTree International Dividend ex-Financials Fund, formerly the WisdomTree International Dividend Top 100 Fund (“International Dividend ex-Financials Fund”), WisdomTree International MidCap Dividend Fund (“International MidCap Dividend Fund”), WisdomTree International SmallCap Dividend Fund (“International SmallCap Dividend Fund”), WisdomTree Emerging Markets Equity Income Fund (“Emerging Markets Equity Income Fund”), WisdomTree Emerging Markets SmallCap Dividend Fund (“Emerging Markets SmallCap Dividend Fund”), and WisdomTree Middle East Dividend Fund (“Middle East Dividend Fund”), together the “International Dividend Funds.”
Each Fund seeks investment returns that closely correspond to the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“WisdomTree Investments”). Each Fund described herein is considered to be non-diversified.
2. SIGNIFICANT ACCOUNTING POLICIES
The Financial Accounting Standards Boards (“FASB”) Accounting Standards Codification has become 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 Codification supersedes all existing non-SEC accounting and reporting standards.
Guarantees — 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 expect the risk of loss to be remote.
Use of Estimates —The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.
Investment Valuation — The Net Asset Value (“NAV”) of each Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Securities 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 or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. The Funds may rely on an independent fair valuation service in adjusting the valuations of foreign securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the highest bid and lowest ask prices. Securities for which market quotations are not readily available are valued at fair value as determined by management and in accordance with procedures approved by the Board of Trustees. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates fair value.
Fair Value Measurement — GAAP provides guidance on fair value measurements. This standard defines fair value, establishes a framework for measuring fair value in accordance with GAAP and expands disclosure about fair value measurements. Various inputs are used in determining the value of the Funds’ investments. These inputs are 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 assumption in determining the fair value of investments)
| WisdomTree International Dividend Funds | 93 |
Table of Contents
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 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; (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 on which the security is traded but before the time as of which a Fund’s net asset value is computed and that may materially affect the value of the Fund’s investments). Examples of events that may be “significant events” are government actions, natural disasters, armed conflict and acts of terrorism.
The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.
The following is a summary of the inputs used as of September 30, 2009 in valuing each Fund’s assets carried at fair value:
| DEFA Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Money Market Fund |
$ | — | $ | 356,003 | $ | — | |||
| Affiliated Funds |
421,945,330 | — | — | ||||||
| Total |
$ | 421,945,330 | $ | 356,003 | $ | — | |||
| DEFA Equity Income Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 154,933,934 | $ | — | $ | — | |||
| Warrants |
— | 3,159 | — | ||||||
| Money Market Fund |
— | 7,138,625 | — | ||||||
| Total |
$ | 154,933,934 | $ | 7,141,784 | $ | — | |||
| Europe Total Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 331,421,629 | $ | — | $ | — | |||
| Rights |
37,936 | — | — | ||||||
| Warrants |
— | 6,623 | — | ||||||
| Money Market Fund |
— | 2,027,018 | — | ||||||
| Total |
$ | 331,459,565 | $ | 2,033,641 | $ | — | |||
| Global Equity Income Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 2,066,725 | $ | — | $ | — | |||
| Money Market Fund |
— | — | — | ||||||
| Affiliated Funds |
35,979,477 | — | — | ||||||
| Total |
$ | 38,046,202 | $ | — | $ | — | |||
| Europe SmallCap Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 25,601,388 | $ | — | $ | — | |||
| Rights |
15,638 | — | — | ||||||
| Money Market Fund |
— | 941,008 | — | ||||||
| Total |
$ | 25,617,026 | $ | 941,008 | $ | — | |||
| 94 | WisdomTree International Dividend Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
| Japan Total Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 87,140,866 | $ | — | $ | — | |||
| Money Market Fund |
— | 867,008 | — | ||||||
| Total |
$ | 87,140,866 | $ | 867,008 | $ | — | |||
| World ex-U.S. Growth Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 17,976,029 | $ | — | $ | — | |||
| Money Market Fund |
— | 61,001 | — | ||||||
| Total |
$ | 17,976,029 | $ | 61,001 | $ | — | |||
| Japan SmallCap Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 118,227,765 | $ | — | $ | — | |||
| Money Market Fund |
— | 4,366,213 | — | ||||||
| Total |
$ | 118,227,765 | $ | 4,366,213 | $ | — | |||
| Pacific ex-Japan Total Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 151,267,672 | $ | — | $ | — | |||
| Money Market Fund |
— | 1,035,772 | — | ||||||
| Total |
$ | 151,267,672 | $ | 1,035,772 | $ | — | |||
| Pacific ex-Japan Equity Income Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 102,482,313 | $ | 9,742 | $ | — | |||
| Money Market Fund |
— | 5,454,016 | — | ||||||
| Total |
$ | 102,482,313 | $ | 5,463,758 | $ | — | |||
| International LargeCap Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 116,717,489 | $ | — | $ | — | |||
| Rights |
14,613 | — | — | ||||||
| Warrants |
— | 3,409 | — | ||||||
| Money Market Fund |
— | 3,636,032 | — | ||||||
| Total |
$ | 116,732,102 | $ | 3,639,441 | $ | — | |||
| International Dividend ex-Financials Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 148,662,359 | $ | — | $ | — | |||
| Money Market Fund |
— | 3,379,673 | — | ||||||
| Total |
$ | 148,662,359 | $ | 3,379,673 | $ | — | |||
| WisdomTree International Dividend Funds | 95 |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
| International MidCap Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 128,133,422 | $ | — | $ | — | |||
| Money Market Fund |
— | 4,394,039 | — | ||||||
| Total |
$ | 128,133,422 | $ | 4,394,039 | $ | — | |||
| International SmallCap Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 386,645,595 | $ | 41,832 | $ | — | |||
| Rights |
— | — | — | ||||||
| Money Market Fund |
— | 26,544,234 | — | ||||||
| Total |
$ | 386,645,595 | $ | 26,586,066 | $ | — | |||
| Emerging Markets Equity Income Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 354,608,451 | $ | — | $ | — | |||
| Warrants |
— | 4,450 | — | ||||||
| Money Market Fund |
— | 1,670,015 | — | ||||||
| Total |
$ | 354,608,451 | $ | 1,674,465 | $ | — | |||
| Emerging Markets SmallCap Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 200,563,087 | $ | — | $ | — | |||
| Warrants |
— | 5,181 | — | ||||||
| Money Market Fund |
— | 584,005 | — | ||||||
| Affiliated Funds |
1,623,032 | — | — | ||||||
| Total |
$ | 202,186,119 | $ | 589,186 | $ | — | |||
| Middle East Dividend Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 10,831,187 | $ | — | $ | — | |||
| Money Market Fund |
— | 51,177 | — | ||||||
| Total |
$ | 10,831,187 | $ | 51,177 | $ | — | |||
The following is a reconciliation of assets in which significant unobservable inputs (Level 3) were used in determining fair value:
| DEFA Fund | Common Stocks | |||
| Balance as of April 1, 2009 |
$ | 90,390 | ||
| Realized gain (loss) |
(167,100 | ) | ||
| Change in unrealized appreciation (depreciation) |
76,710 | |||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
— | |||
| Balance as of September 30, 2009 |
$ | — | ||
| 96 | WisdomTree International Dividend Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
| DEFA Equity Income Fund | Common Stocks | |||
| Balance as of April 1, 2009 |
$ | 83,193 | ||
| Realized gain (loss) |
(388,598 | ) | ||
| Change in unrealized appreciation (depreciation) |
305,405 | |||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
— | |||
| Balance as of September 30, 2009 |
$ | — | ||
| Europe Total Dividend Fund | Common Stocks | |||
| Balance as of April 1, 2009 |
$ | 3,898 | ||
| Realized gain (loss) |
(30,114 | ) | ||
| Change in unrealized appreciation (depreciation) |
26,216 | |||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
— | |||
| Balance as of September 30, 2009 |
$ | — | ||
| Global Equity Income Fund | Common Stocks | |||
| Balance as of April 1, 2009 |
$ | 12,272 | ||
| Realized gain (loss) |
(98,453 | ) | ||
| Change in unrealized appreciation (depreciation) |
86,181 | |||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
— | |||
| Balance as of September 30, 2009 |
$ | — | ||
| Europe SmallCap Dividend Fund | Common Stocks | |||
| Balance as of April 1, 2009 |
$ | 34,069 | ||
| Realized gain (loss) |
(354,790 | ) | ||
| Change in unrealized appreciation (depreciation) |
320,721 | |||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
— | |||
| Balance as of September 30, 2009 |
$ | — | ||
| Pacific ex-Japan Total Dividend Fund | Common Stocks | |||
| Balance as of April 1, 2009 |
$ | 102,910 | ||
| Realized gain (loss) |
79,752 | |||
| Change in unrealized appreciation (depreciation) |
(173,857 | ) | ||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
(8,805 | ) | ||
| Balance as of September 30, 2009 |
$ | — | ||
| Pacific ex-Japan Equity Income Fund | Common Stocks | |||
| Balance as of April 1, 2009 |
$ | 82,865 | ||
| Realized gain (loss) |
(160,936 | ) | ||
| Change in unrealized appreciation (depreciation) |
78,071 | |||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
— | |||
| Balance as of September 30, 2009 |
$ | — | ||
| International MidCap Dividend Fund | Common Stocks | |||
| Balance as of April 1, 2009 |
$ | 55,963 | ||
| Realized gain (loss) |
(41,923 | ) | ||
| Change in unrealized appreciation (depreciation) |
(14,040 | ) | ||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
— | |||
| Balance as of September 30, 2009 |
$ | — | ||
| WisdomTree International Dividend Funds | 97 |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
| International SmallCap Dividend Fund | Common Stocks |
|||
| Balance as of April 1, 2009 |
$ | 1,207,451 | ||
| Realized gain (loss) |
(4,781,120 | ) | ||
| Change in unrealized appreciation (depreciation) |
3,666,313 | |||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
(92,644 | ) | ||
| Balance as of September 30, 2009 |
$ | — | ||
| Middle East Dividend Fund | Common Stocks |
|||
| Balance as of April 1, 2009 |
$ | 147,943 | ||
| Realized gain (loss) |
(126,185 | ) | ||
| Change in unrealized appreciation (depreciation) |
30,615 | |||
| Net purchases (sales) |
(52,373 | ) | ||
| Transfers in and/or out of Level 3 |
— | |||
| Balance as of September 30, 2009 |
$ | — | ||
Derivative and Hedging Disclosure — GAAP requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The application of FAS 161 is effective for fiscal years beginning November 15, 2008 and interim periods within those fiscal years. The Funds did not invest in derivative instruments for the six months ended September 30, 2009.
Investment Transactions — 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.
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 deemed appropriate by the investment adviser. Realized and unrealized foreign exchange gains or losses on investments are included as a component of net realized and unrealized gain or loss on foreign currency transactions 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.
Investment Income — Dividend income is recognized on the ex-dividend date, net of any foreign taxes withheld. Interest income is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.
Expenses/Reimbursements — WisdomTree Asset Management, Inc. (“WTAM”) has agreed to pay all expenses of the Funds (other than the Middle East Dividend Fund), 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 each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s chief compliance officer; (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.
Pursuant to a separate contractual arrangement, WTAM has arranged for the provision of chief compliance officer (“CCO”) services to the Funds, 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 service fee paid by each Fund, of up to 0.0044% of each Fund’s average daily net assets. Trustees fees, which are included in Service Fees on the Statements of Operations, of $180,782 have been paid on behalf of the Funds of the Trust to the Independent Trustees for the six month period ended September 30, 2009. Expenses in excess of 0.0044% were paid by WTAM.
The DEFA Fund and Global Equity Fund operate as “Fund of Funds”. Each Fund has entered into an agreement with WTAM whereby WTAM waives a portion of its management fees equal to the management fees paid by each Underlying Fund for so long as the Fund invests in the Underlying Funds. Underlying Fund Fees reflect fees that are not directly paid by the Fund of Funds but are indirectly incurred as a result of investment in shares of the Underlying Funds. This amount is based on each Fund’s allocation to its Underlying Funds for the current fiscal year.
Starting August 20, 2009, the Emerging Markets SmallCap Fund held shares of the India Earnings Fund. For the period ending September 30, 2009, Emerging Markets SmallCap Fund waived an amount based on the Fund’s allocation to Underlying Fund for the current fiscal year.
| 98 | WisdomTree International Dividend Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
Currency Transactions — The Funds may enter into foreign currency forward and foreign currency futures contracts to facilitate local securities settlements or to protect against currency exposure in connection with distributions to shareholders. The Funds do not expect to engage in currency transactions for the purpose of hedging against declines in the value of a Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes.
Forward Foreign Currency Transactions — A forward foreign currency exchange contract (“forward contract”) involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A forward contract generally has no margin deposit requirement, and no commissions are charged at any stage for trades.
Risks may arise upon entering into forward 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 forward contracts are recorded for book purposes as unrealized gains or losses on forward foreign currency contracts by the Funds. Realized gains and losses on forward foreign currency contracts include net gains or losses recognized by the Funds on contracts which have matured.
The following forward currency exchange contracts were open at September 30, 2009:
| Fund Name | Settlement Date | Contracts To Deliver |
In Exchange For |
Unrealized Gain (Loss) |
||||||||||
| DEFA Fund |
||||||||||||||
| 10/01/09 | GBP | 47,395 | USD | 75,500 | $ | (301 | ) | |||||||
| 10/01/09 | CHF | 37,905 | USD | 36,500 | (30 | ) | ||||||||
| 10/01/09 | EUR | 10,995 | USD | 16,000 | (71 | ) | ||||||||
| 10/01/09 | JPY | 2,076,210 | USD | 23,000 | (189 | ) | ||||||||
| $ | (591 | ) | ||||||||||||
| DEFA Equity Income Fund |
||||||||||||||
| 10/02/09 | USD | 9,375 | EUR | 6,414 | $ | — | ||||||||
| 10/05/09 | USD | 21,148 | CHF | 21,944 | — | |||||||||
| 10/05/09 | USD | 415,704 | EUR | 284,397 | — | |||||||||
| 10/05/09 | USD | 35,520 | GBP | 22,210 | — | |||||||||
| 10/05/09 | USD | 56,835 | HKD | 440,475 | — | |||||||||
| 10/05/09 | USD | 334,833 | SGD | 471,804 | (8 | ) | ||||||||
| 10/05/09 | EUR | 203,716 | USD | 297,771 | 1 | |||||||||
| 10/06/09 | USD | 146,621 | AUD | 166,181 | (30 | ) | ||||||||
| $ | (37 | ) | ||||||||||||
| Europe Total Dividend Fund |
||||||||||||||
| 10/01/09 | EUR | 179,357 | USD | 261,000 | $ | (1,166 | ) | |||||||
| 10/01/09 | GBP | 131,199 | USD | 209,000 | (833 | ) | ||||||||
| 10/02/09 | USD | 175,497 | EUR | 120,064 | — | |||||||||
| 10/05/09 | USD | 86,011 | CHF | 89,248 | 1 | |||||||||
| 10/05/09 | USD | 670,813 | EUR | 458,927 | (2 | ) | ||||||||
| 10/05/09 | USD | 90,624 | GBP | 56,664 | (1 | ) | ||||||||
| 10/05/09 | USD | 17,918 | NOK | 103,972 | (1 | ) | ||||||||
| 10/05/09 | EUR | 486,013 | USD | 710,404 | — | |||||||||
| $ | (2,002 | ) | ||||||||||||
| Europe SmallCap Dividend Fund |
||||||||||||||
| 10/01/09 | SEK | 35,167 | USD | 5,000 | (29 | ) | ||||||||
| 10/01/09 | GBP | 9,605 | USD | 15,300 | (61 | ) | ||||||||
| 10/02/09 | EUR | 685 | USD | 996 | (5 | ) | ||||||||
| 10/02/09 | EUR | 3,627 | USD | 5,302 | — | |||||||||
| $ | (95 | ) | ||||||||||||
| Japan Total Dividend Fund |
||||||||||||||
| 10/01/09 | JPY | 4,964,850 | USD | 55,000 | $ | (452 | ) | |||||||
| WisdomTree International Dividend Funds | 99 |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
| Fund Name | Settlement Date | Contracts To Deliver |
In Exchange For |
Unrealized Gain (Loss) |
||||||||||
| World ex-U.S. Growth Fund |
||||||||||||||
| 10/01/09 | AUD | 3,904 | USD | 3,400 | $ | (46 | ) | |||||||
| 10/01/09 | EUR | 9,621 | USD | 14,000 | (62 | ) | ||||||||
| 10/01/09 | JPY | 1,110,321 | USD | 12,300 | (101 | ) | ||||||||
| 10/01/09 | GBP | 20,088 | USD | 32,000 | (128 | ) | ||||||||
| 10/01/09 | ZAR | 138,797 | USD | 18,700 | 383 | |||||||||
| $ | 46 | |||||||||||||
| Japan SmallCap Dividend Fund |
||||||||||||||
| 10/01/09 | JPY | 29,337,750 | USD | 325,000 | $ | (2,668 | ) | |||||||
| 10/05/09 | USD | 533,202 | JPY | 47,739,180 | 6 | |||||||||
| $ | (2,662 | ) | ||||||||||||
| Pacific ex-Japan Total Dividend Fund |
||||||||||||||
| 10/05/09 | USD | 569,895 | HKD | 4,416,713 | $ | 18 | ||||||||
| 10/05/09 | USD | 334,776 | SGD | 471,724 | (8 | ) | ||||||||
| 10/06/09 | USD | 887,844 | AUD | 1,006,284 | (181 | ) | ||||||||
| $ | (171 | ) | ||||||||||||
| International LargeCap Dividend Fund |
||||||||||||||
| 10/01/09 | AUD | 56,844 | USD | 49,500 | $ | (668 | ) | |||||||
| 10/01/09 | GBP | 38,293 | USD | 61,000 | (243 | ) | ||||||||
| 10/01/09 | EUR | 41,231 | USD | 60,000 | (268 | ) | ||||||||
| $ | (1,179 | ) | ||||||||||||
| International Dividend ex-Financials Fund |
||||||||||||||
| 10/01/09 | EUR | 68,719 | USD | 100,000 | $ | (447 | ) | |||||||
| International MidCap Dividend Fund |
||||||||||||||
| 10/01/09 | GBP | 191,463 | USD | 305,000 | $ | (1,216 | ) | |||||||
| 10/01/09 | AUD | 80,386 | USD | 70,000 | (944 | ) | ||||||||
| 10/05/09 | USD | 481,249 | EUR | 329,239 | (2 | ) | ||||||||
| 10/05/09 | USD | 182,863 | GBP | 114,337 | (2 | ) | ||||||||
| 10/05/09 | USD | 87,276 | NOK | 506,443 | (6 | ) | ||||||||
| 10/05/09 | USD | 80,445 | SEK | 562,531 | 1 | |||||||||
| 10/05/09 | USD | 60,321 | SGD | 84,996 | (1 | ) | ||||||||
| 10/05/09 | EUR | 491,470 | USD | 718,382 | 2 | |||||||||
| 10/06/09 | USD | 55,082 | AUD | 62,430 | (11 | ) | ||||||||
| $ | (2,179 | ) | ||||||||||||
| International SmallCap Dividend Fund |
||||||||||||||
| 10/01/09 | GBP | 75,330 | USD | 120,000 | $ | (478 | ) | |||||||
| 10/01/09 | JPY | 31,594,500 | USD | 350,000 | (2,873 | ) | ||||||||
| 10/02/09 | EUR | 4,576 | USD | 6,655 | (34 | ) | ||||||||
| 10/02/09 | EUR | 24,247 | USD | 35,443 | — | |||||||||
| $ | (3,385 | ) | ||||||||||||
| Emerging Market Equity Income Fund |
||||||||||||||
| 10/01/09 | USD | 265,663 | MYR | 925,835 | $ | 1,842 | ||||||||
| 10/01/09 | USD | 97,221 | PLN | 278,762 | (1,043 | ) | ||||||||
| $ | 799 | |||||||||||||
| Currency Legend: AUD – Australian dollar CHF – Swiss franc EUR – Euro GBP – British pound HKD – Hong Kong dollar JPY – Japanese yen MYR – Malaysian ringgit |
NOK – Norwegian krone PLN – Polish zloty SEK – Swedish krona SGD – Singapore dollar USD – U.S. dollar ZAR – South African rand |
| 100 | WisdomTree International Dividend Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
Security Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. The loans are collateralized at all times by cash and/or high grade debt obligations in an amount at least equal to 102% of the market value of domestic securities loaned (105% in the case of foreign securities loaned), as determined at the close of business on the preceding business day. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. 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. The Funds retain all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.
The securities lending income earned by the Funds is disclosed on the Statements of Operations.
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 in which a Fund may invest include short-term obligations issued by the U.S. Government, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.
Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (“the Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors at least annually. 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 are determined in accordance with Federal income tax regulations which may differ from GAAP. 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, which exceed earnings and profit for tax purposes, are reported as a tax return of capital.
3. ADVISER FEES AND TRANSCTIONS
As investment adviser, WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM also arranges for sub-advisory, transfer agency, custody, fund administration, and all other non-distribution related services necessary for the Funds to operate. Under the Investment Advisory Agreement for each Fund, WTAM agrees to pay all expenses of the Funds (other than the Middle East Dividend Fund), except compensation and expenses of the Independent Trustees, counsel to the Independent Trustees and the Trust’s Chief Compliance Officer, interest expenses and taxes, brokerage expenses, and other expenses connected with the execution of portfolio transactions, any distribution fees or expenses, legal fees or expenses and extraordinary expenses. 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 in exchange for a fee of up to 0.0044%. As of October 1, 2009, WTAM provides CCO services to the Trust. WTAM has agreed to limit net annual operating expenses for the Middle East Dividend Fund to 0.88%. The fees paid to WTAM for providing advisory services are listed below.
| Fund | Fee Rate | ||
| DEFA Fund |
0.48 | % | |
| DEFA Equity Income Fund |
0.58 | % | |
| Europe Total Dividend Fund |
0.48 | % | |
| Global Equity Income Fund |
0.58 | % | |
| Europe SmallCap Dividend Fund |
0.58 | % | |
| Japan Total Dividend Fund |
0.48 | % | |
| World ex-U.S. Growth Fund |
0.58 | % |
| WisdomTree International Dividend Funds | 101 |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
| Fund | Fee Rate | ||
| Japan SmallCap Dividend Fund |
0.58 | % | |
| Pacific ex-Japan Total Dividend Fund |
0.48 | % | |
| Pacific ex-Japan Equity Income Fund |
0.58 | % | |
| International LargeCap Dividend Fund |
0.48 | % | |
| International Dividend ex-Financials Fund |
0.58 | % | |
| International MidCap Dividend Fund |
0.58 | % | |
| International SmallCap Dividend Fund |
0.58 | % | |
| Emerging Markets Equity Income Fund |
0.63 | % | |
| Emerging Markets SmallCap Dividend Fund |
0.63 | % | |
| Middle East Dividend Fund |
0.68 | % |
Each Fund may purchase shares of an affiliated exchange traded fund (s) in secondary market transactions. For the six months ended September 30, 2009, there were no transactions in affiliated ETFs.
4. CAPITAL SHARE TRANSACTIONS
As of September 30, 2009, 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 consist of the in-kind contribution of a designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying index and an amount of cash. The Middle East Dividend Fund issues and redeems shares on a cash basis only. 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 in-kind purchases and redemptions and short-term investments) for the six months ended September 30, 2009 were as follows:
| Fund | Purchases | Sales | ||||
| DEFA Fund |
$ | 371,054,139 | $ | 363,224,306 | ||
| DEFA Equity Income Fund |
47,198,967 | 45,682,151 | ||||
| Europe Total Dividend Fund |
8,261,434 | 8,911,105 | ||||
| Global Equity Income Fund |
26,157,835 | 25,435,955 | ||||
| Europe SmallCap Dividend Fund |
10,859,085 | 10,952,655 | ||||
| Japan Total Dividend Fund |
6,910,799 | 6,824,543 | ||||
| World ex-U.S. Growth Fund |
24,714,575 | 25,845,494 | ||||
| Japan SmallCap Dividend Fund |
36,332,435 | 35,665,597 | ||||
| Pacific ex-Japan Total Dividend Fund |
17,036,086 | 15,807,335 | ||||
| Pacific ex-Japan Equity Income Fund |
18,095,389 | 17,724,656 | ||||
| International LargeCap Dividend Fund |
28,767,111 | 27,966,659 | ||||
| International Dividend ex-Financials Fund |
96,505,483 | 96,604,785 | ||||
| International MidCap Dividends Fund |
49,976,260 | 49,294,432 | ||||
| International SmallCap Dividend Fund |
196,307,951 | 195,772,220 | ||||
| Emerging Markets Equity Income Fund |
193,732,593 | 146,577,029 | ||||
| Emerging Markets SmallCap Dividend Fund |
117,512,390 | 56,024,439 | ||||
| Middle East Dividend Fund |
8,635,780 | 7,804,096 | ||||
For the six months ended September 30, 2009, the cost of in-kind purchases and the proceeds from in-kind redemptions were as follows:
| Fund | Purchases | Redemptions | ||||
| DEFA Fund |
$ | 10,905,829 | $ | 20,495,760 | ||
| DEFA Equity Income Fund |
19,694,707 | — | ||||
| Europe Total Dividend Fund |
258,421,743 | 1,822 | ||||
| 102 | WisdomTree International Dividend Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
| Fund | Purchases | Redemptions | ||||
| Global Equity Income Fund |
$ | 9,487,997 | $ | — | ||
| Europe SmallCap Dividend Fund |
3,696,768 | — | ||||
| Japan Total Dividend Fund |
82,704,746 | 23,226,749 | ||||
| World ex-U.S. Growth Fund |
— | 6,742,035 | ||||
| Japan SmallCap Dividend Fund |
39,634,836 | 7,098,616 | ||||
| Pacific ex-Japan Total Dividend Fund |
79,192,745 | — | ||||
| Pacific ex-Japan Equity Income Fund |
95,717,737 | 37,042,012 | ||||
| International LargeCap Dividend Fund |
8,879,552 | 3,593,488 | ||||
| International Dividend ex-Financials Fund |
18,310,051 | 20,536,471 | ||||
| International MidCap Dividend Fund |
9,640,725 | 11,109,477 | ||||
| International SmallCap Dividend Fund |
11,416,096 | — | ||||
| Emerging Markets Equity Income Fund |
39,658,678 | 7,924,534 | ||||
| Emerging Markets SmallCap Dividend Fund |
56,859,724 | 10,086,013 | ||||
| Middle East Dividend Fund |
— | — | ||||
Gains and losses on in-kind redemptions are not recognized at the Fund level for tax purposes.
6. FEDERAL INCOME TAXES
At September 30, 2009, the cost of investments (including securities on loan) for Federal income tax purposes was substantially the same as for book purposes as indicated below:
| Fund | Tax Cost | Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Appreciation/ (Depreciation) |
||||||||||
| DEFA Fund |
$ | 361,035,001 | $ | 61,266,332 | $ | — | $ | 61,266,332 | ||||||
| DEFA Equity Income Fund |
163,656,465 | 11,788,644 | (13,369,391 | ) | (1,580,747 | ) | ||||||||
| Europe Total Dividend Fund |
283,724,917 | 50,683,741 | (915,452 | ) | 49,768,289 | |||||||||
| Global Equity Income Fund |
32,902,163 | 5,145,829 | (1,790 | ) | 5,144,039 | |||||||||
| Europe SmallCap Dividend Fund |
27,125,405 | 2,234,757 | (2,802,128 | ) | (567,371 | ) | ||||||||
| Japan Total Dividend Fund |
89,322,379 | 3,773,152 | (5,087,657 | ) | (1,314,505 | ) | ||||||||
| World ex-U.S. Growth Fund |
15,933,906 | 2,207,959 | (104,835 | ) | 2,103,124 | |||||||||
| Japan SmallCap Dividend Fund |
125,886,072 | 5,954,128 | (9,246,222 | ) | (3,292,094 | ) | ||||||||
| Pacific ex-Japan Total Dividend Fund |
140,559,272 | 15,236,052 | (3,491,880 | ) | 11,744,172 | |||||||||
| Pacific ex-Japan Equity Income Fund |
101,585,483 | 8,369,553 | (2,008,965 | ) | 6,360,588 | |||||||||
| International LargeCap Dividend Fund |
125,775,591 | 5,487,494 | (10,891,542 | ) | (5,404,048 | ) | ||||||||
| International Dividend ex-Financials Fund |
143,958,956 | 17,731,530 | (9,648,454 | ) | 8,083,076 | |||||||||
| International MidCap Dividend Fund |
145,071,061 | 8,650,388 | (21,193,988 | ) | (12,543,600 | ) | ||||||||
| International SmallCap Dividend Fund |
409,103,900 | 47,956,179 | (43,828,418 | ) | 4,127,761 | |||||||||
| Emerging Markets Equity Income Fund |
312,873,369 | 50,088,979 | (6,679,432 | ) | 43,409,547 | |||||||||
| Emerging Markets SmallCap Dividend Fund |
177,205,742 | 27,837,148 | (2,267,585 | ) | 25,569,563 | |||||||||
| Middle East Dividend Fund |
10,165,714 | 1,147,802 | (431,152 | ) | 716,650 | |||||||||
GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. As of and during the six months ended September 30, 2009, the Funds did not have any liabilities for unrecognized tax benefits. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Portfolios file tax returns with the U.S. Internal Revenue Service, New York, and various states. Generally, each of the tax years in the three year period ended March 31, 2009, remains subject to examination by taxing authorities.
| WisdomTree International Dividend Funds | 103 |
Table of Contents
Notes to Financial Statements (unaudited) (concluded)
7. OTHER AFFILIATED PARTIES AND TRANSACTIONS
Affiliated holdings are funds which are managed by WisdomTree Trust (the “Trust”) or an affiliate of the Trust or which are distributed by an affiliate of the Funds’ distributor. Transactions with affiliated companies during the six months ended September 30, 2009 are as follows:
| Affiliated Fund Name | Balance of Shares Held 3/31/2009 |
Purchases/ Additions |
Sales/ Reductions |
Balance of Shares Held 9/30/2009 |
Value at 9/30/2009 |
Dividend Income | ||||||||
| DEFA Fund |
||||||||||||||
| Europe Total Dividend Fund |
— | 7,146,522 | 165,463 | 6,981,059 | $ | 302,765,737 | $ | 7,147,273 | ||||||
| Japan Total Dividend Fund |
— | 1,299,440 | 20,949 | 1,278,491 | 52,211,910 | 393,905 | ||||||||
| Pacific ex-Japan Total Dividend Fund |
— | 1,178,366 | 28,098 | 1,150,268 | 66,967,683 | 1,086,130 | ||||||||
| Total |
— | 9,624,328 | 214,510 | 9,409,818 | $ | 421,945,330 | $ | 8,627,308 | ||||||
| Global Equity Income Fund |
||||||||||||||
| DEFA Equity Income Fund |
— | 528,483 | 15,507 | 512,976 | $ | 21,806,045 | $ | 406,897 | ||||||
| Emerging Markets Equity Income Fund |
— | 100,648 | 2,861 | 97,787 | 4,586,875 | 97,889 | ||||||||
| Equity Income Fund |
— | 295,824 | 10,677 | 285,147 | 9,586,557 | 112,813 | ||||||||
| Total |
— | 924,955 | 29,045 | 895,910 | $ | 35,979,477 | $ | 617,599 | ||||||
| Emerging Markets SmallCap Dividend Fund |
||||||||||||||
| India Earnings Fund |
— | 77,177 | — | 77,177 | $ | 1,623,032 | $ | 3,244 | ||||||
8. SUBSEQUENT EVENT
In accordance with GAAP provisions, management of the Funds has evaluated the possibility of subsequent events existing in the Funds’ financial statements through November 27, 2009. Management has determined that there are no material events that would require disclosure in the Funds’ financial statements through this date.
| 104 | WisdomTree International Dividend Funds |
Table of Contents
General Information (unaudited)
Proxy Voting Policies, Procedures and Record
A complete copy of the Proxy Voting Policy may be obtained by calling 866-909-9473; or writing to: WisdomTree Trust, c/o ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203.
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 Securities and Exchange Commission (“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 866-909-9473 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 are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, upon request on the SEC’s website at www.sec.gov, and are also available by calling the Trust at 1-866-909-WISE. You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330), (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102 or (iii) sending your request electronically to publicinfosec.gov.
Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.
The Fund’s 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.
| WisdomTree International Dividend Funds | 105 |
Table of Contents
The WisdomTree Family of Funds
The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols as of September 30, 2009:
| WisdomTree Domestic Dividend Funds
WisdomTree Total Dividend Fund (DTD)
WisdomTree Equity Income Fund (DHS)
WisdomTree LargeCap Dividend Fund (DLN)
WisdomTree Dividend ex-Financials Fund (DTN)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
WisdomTree International Dividend Funds
WisdomTree DEFA Fund (DWM)
WisdomTree DEFA Equity Income Fund (DTH)
WisdomTree Europe Total Dividend Fund (DEB)
WisdomTree Global Equity Income Fund (DEW)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Japan Total Dividend Fund (DXJ)
WisdomTree World ex-U.S. Growth Fund (DNL)
WisdomTree Japan SmallCap Dividend Fund (DFJ)
WisdomTree Pacific ex-Japan Total Dividend Fund (DND)
WisdomTree Pacific ex-Japan Equity Income Fund (DNH)
WisdomTree International LargeCap Dividend Fund (DOL)
WisdomTree International Dividend ex-Financials Fund (DOO)
WisdomTree International MidCap Dividend Fund (DIM)
WisdomTree International SmallCap Dividend Fund (DLS)
WisdomTree Emerging Markets Equity Income Fund (DEM)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Middle East Dividend Fund (GULF) |
WisdomTree International Dividend Sector Funds
WisdomTree International Basic Materials Sector Fund (DBN)
WisdomTree International Communications Sector Fund (DGG)
WisdomTree International Consumer Discretionary Sector Fund (DPC)
WisdomTree International Consumer Staples Sector Fund (DPN)
WisdomTree International Energy Sector Fund (DKA)
WisdomTree International Financial Sector Fund (DRF)
WisdomTree International Health Care Sector Fund (DBR)
WisdomTree International Industrial Sector Fund (DDI)
WisdomTree International Technology Sector Fund (DBT)
WisdomTree International Utilities Sector Fund (DBU)
WisdomTree International Real Estate Fund (DRW)
WisdomTree Domestic and International Earnings Funds
WisdomTree Total Earnings Fund (EXT)
WisdomTree Earnings 500 Fund (EPS)
WisdomTree MidCap Earnings Fund (EZM)
WisdomTree SmallCap Earnings Fund (EES)
WisdomTree Earnings Top 100 Fund (EEZ)
WisdomTree LargeCap Value Fund (EZY)
WisdomTree LargeCap Growth Fund (ROI)
WisdomTree India Earnings Fund (EPI)
WisdomTree Currency Income Funds
WisdomTree U.S. Short-Term Government Income Fund (USY)
WisdomTree Dreyfus Brazilian Real Fund (BZF)
WisdomTree Dreyfus Chinese Yuan Fund (CYB)
WisdomTree Dreyfus Emerging Currency Fund (CEW)
WisdomTree Dreyfus Euro Fund (EU)
WisdomTree Dreyfus Indian Rupee Fund (ICN)
WisdomTree Dreyfus Japanese Yen Fund (JYF)
WisdomTree Dreyfus New Zealand Dollar Fund (BNZ)
WisdomTree Dreyfus South African Rand Fund (SZR) |
The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission (“SEC”) as series of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the WisdomTree Trust. None of the WisdomTree entities are affiliated with ALPS Distributors, Inc., the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you can not invest directly in an index.
There are risks associated with investing including possible loss of principal. In addition to the normal risks of investing, 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 increase the impact of events and developments associated with the region which can adversely affect performance. Funds focusing on a single country, sector and/or smaller companies generally experience greater price volatility. Investments in emerging frontier markets are generally less liquid and less efficient than developed markets. Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk and the effect of varied economic conditions. Derivatives can be volatile and may be less liquid than other securities. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting issuers. Unlike typical exchange-traded funds, there are no indexes that the currency funds attempt to track or replicate. Thus, the ability of the currency funds to achieve their objectives will depend on the effectiveness of the portfolio manager. Please read the Fund’s prospectus for specific details regarding each Fund’s risk profile. 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 in large amounts of 50,000 shares or more.
Table of Contents
WisdomTree Trust
380 Madison Avenue, 21st Floor
New York, NY 10017
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WisdomTree International Dividend ETFs
WisdomTree DEFA Fund
WisdomTree DEFA Equity Income Fund
WisdomTree Europe Total Dividend Fund
WisdomTree Global Equity Income Fund
WisdomTree Europe SmallCap Dividend Fund
WisdomTree Japan Total Dividend Fund
WisdomTree World ex-U.S. Growth Fund
WisdomTree Japan SmallCap Dividend Fund
WisdomTree Pacific ex-Japan Total Dividend Fund
WisdomTree Pacific ex-Japan Equity Income Fund
WisdomTree International LargeCap Dividend Fund
WisdomTree International Dividend ex-Financials Fund
WisdomTree International MidCap Dividend Fund
WisdomTree International SmallCap Dividend Fund
WisdomTree Emerging Markets Equity Income Fund
WisdomTree Emerging Markets SmallCap Dividend Fund
WisdomTree Middle East Dividend Fund
WisdomTree Fund shares are distributed by ALPS Distributors, Inc.
WIS002176 (11/2010)
Table of Contents
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WisdomTree Trust
International Dividend Sector Funds
Semi-Annual Report
For the six-month period ended September 30, 2009
WisdomTree International Basic Materials Sector Fund (DBN)
WisdomTree International Communications Sector Fund (DGG)
WisdomTree International Consumer Discretionary Sector Fund (DPC)
WisdomTree International Consumer Staples Sector Fund (DPN)
WisdomTree International Energy Sector Fund (DKA)
WisdomTree International Financial Sector Fund (DRF)
WisdomTree International Health Care Sector Fund (DBR)
WisdomTree International Industrial Sector Fund (DDI)
WisdomTree International Technology Sector Fund (DBT)
WisdomTree International Utilities Sector Fund (DBU)
WisdomTree International Real Estate Fund (DRW)
Table of Contents
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| 13 | ||
| Schedules of Investments | ||
| 15 | ||
| 17 | ||
| 18 | ||
| 20 | ||
| 22 | ||
| 23 | ||
| 25 | ||
| 26 | ||
| 28 | ||
| 29 | ||
| 30 | ||
| 32 | ||
| 34 | ||
| 36 | ||
| 40 | ||
| 46 | ||
| 53 |
“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the Trust.
Table of Contents
Performance Summary (unaudited)
WisdomTree International Basic Materials Sector Fund (DBN)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| BHP Billiton Ltd. |
10.9% | |
| BASF SE |
10.3% | |
| BHP Billiton PLC |
6.7% | |
| Rio Tinto PLC |
5.2% | |
| Lafarge S.A. |
3.4% | |
| Holcim Ltd. |
3.2% | |
| Air Liquide S.A. |
3.1% | |
| Rio Tinto Ltd. |
2.6% | |
| Antofagasta PLC |
2.5% | |
| voestalpine AG |
2.2% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Basic Materials Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Basic Materials Sector Index.
The WisdomTree International Basic Materials Sector Fund returned 60.25% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Australia contributed most significantly to this performance, with an average weight of 18.27% of the Fund and returns of 65.25% over the period. Contributing least to the Fund’s performance was Denmark, which returned 18.72% over the period, with an average weight of 0.17% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 12 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Basic Materials Sector Index |
S&P Developed ex-U.S. BMI Materials Sector Index |
|||||||||
| Six Months1 |
60.25 | % | 58.17 | % | 61.94 | % | 56.91 | % | ||||
| One Year |
6.53 | % | 4.15 | % | 7.40 | % | 12.14 | % | ||||
| Since Inception2 |
3.02 | % | 2.75 | % | 4.02 | % | -16.13 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on October 13, 2006. S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Sector Funds | 1 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Communications Sector Fund (DGG)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Telefonica S.A. |
7.8% | |
| Vodafone Group PLC |
7.0% | |
| France Telecom S.A. |
6.8% | |
| Deutsche Telekom AG |
6.6% | |
| China Mobile Ltd. |
6.1% | |
| Telstra Corp., Ltd. |
5.5% | |
| BT Group PLC |
4.6% | |
| NTT DoCoMo, Inc. |
4.3% | |
| Koninklijke KPN N.V. |
4.2% | |
| Nippon Telegraph & Telephone Corp. |
4.2% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Communications Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Communications Sector Index.
The WisdomTree International Communications Sector Fund returned 32.74% at net asset value (“NAV”) for the six month period ending on September 30, 2009. The United Kingdom contributed most significantly to this performance, with an average weight of 13.55% of the Fund and returns of 42.88% over the period. Contributing least to the Fund’s performance was Hong Kong, which returned 47.43% over the period, with an average weight of 0.03% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 12 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Communications Sector Index |
S&P Developed ex-U.S. BMI Telecommunication Services Sector Index |
|||||||||
| Six Months1 |
32.74 | % | 33.13 | % | 32.13 | % | 35.40 | % | ||||
| One Year |
7.44 | % | 7.55 | % | 6.45 | % | 10.02 | % | ||||
| Since Inception2 |
2.27 | % | 2.20 | % | 2.59 | % | -5.19 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on October 13, 2006. S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 2 | WisdomTree International Dividend Sector Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Consumer Discretionary Sector Fund (DPC)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Vivendi |
6.7% | |
| Toyota Motor Corp. |
6.0% | |
| Hennes & Mauritz AB Class B |
5.0% | |
| Honda Motor Co., Ltd. |
4.2% | |
| Inditex S.A. |
4.2% | |
| LVMH Moet Hennessy Louis Vuitton S.A. |
3.3% | |
| Daimler AG |
2.9% | |
| Mitsubishi Corp. |
2.6% | |
| PPR |
2.5% | |
| Compagnie Financiere Richemont S.A. Class A |
2.0% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Consumer Discretionary Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Consumer Discretionary Sector Index.
The WisdomTree International Consumer Discretionary Sector Fund returned 49.34% at net asset value (“NAV”) for the six month period ending on September 30, 2009. France contributed most significantly to this performance, with an average weight of 18.76% of the Fund and returns of 58.60% over the period. Contributing least to the Fund’s performance was Denmark, which returned 14.33% over the period, with an average weight of 0.02% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 12 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Consumer Discretionary Sector Index |
S&P Developed ex-U.S. BMI Consumer Discretionary Sector Index |
|||||||||
| Six Months1 |
49.34 | % | 48.62 | % | 49.05 | % | 51.81 | % | ||||
| One Year |
4.09 | % | 2.93 | % | 3.75 | % | 9.40 | % | ||||
| Since Inception2 |
-6.25 | % | -6.50 | % | -6.45 | % | -11.56 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on October 13, 2006. S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Sector Funds | 3 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Consumer Staples Sector Fund (DPN)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Nestle S.A. |
14.0% | |
| British American Tobacco PLC |
7.4% | |
| Unilever N.V. CVA |
5.1% | |
| Tesco PLC |
3.9% | |
| L’Oreal S.A. |
3.8% | |
| Diageo PLC |
3.7% | |
| Unilever PLC |
3.5% | |
| Carrefour S.A. |
2.9% | |
| Woolworths Ltd. |
2.8% | |
| Imperial Tobacco Group PLC |
2.6% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Consumer Staples Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Consumer Staples Sector Index.
The WisdomTree International Consumer Staples Sector Fund returned 41.58% at net asset value (“NAV”) for the six month period ending on September 30, 2009. The United Kingdom contributed most significantly to this performance, with an average weight of 34.49% of the Fund and returns of 41.37% over the period. Contributing least to the Fund’s performance was Spain, which returned 71.20% over the period, with an average weight of 0.28% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 12 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Consumer Staples Sector Index |
S&P Developed ex-U.S. BMI Consumer Staples Sector Index |
|||||||||
| Six Months1 |
41.58 | % | 45.44 | % | 43.08 | % | 41.36 | % | ||||
| One Year |
6.51 | % | 5.24 | % | 6.95 | % | 7.20 | % | ||||
| Since Inception2 |
0.39 | % | 0.32 | % | 0.21 | % | -7.62 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on October 13, 2006. S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 4 | WisdomTree International Dividend Sector Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Energy Sector Fund (DKA)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| BP PLC |
7.9% | |
| TOTAL S.A. |
7.1% | |
| ENI SpA |
6.6% | |
| Royal Dutch Shell PLC Class A |
6.4% | |
| Royal Dutch Shell PLC Class B |
5.9% | |
| StatoilHydro ASA |
5.9% | |
| Repsol YPF S.A. |
4.9% | |
| CNOOC Ltd. |
4.9% | |
| Woodside Petroleum Ltd. |
4.0% | |
| Fugro N.V. CVA |
3.4% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Energy Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Energy Sector Index.
The WisdomTree International Energy Sector Fund returned 38.77% at net asset value (“NAV”) for the six month period ending on September 30, 2009. The United Kingdom contributed most significantly to this performance, with an average weight of 24.98% of the Fund and returns of 30.82% over the period. Contributing least to the Fund’s performance was New Zealand, which returned 9.82% over the period, with an average weight of 0.16% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 12 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Energy Sector Index |
S&P Developed ex-U.S. BMI Energy Sector Index |
|||||||||
| Six Months1 |
38.77 | % | 39.45 | % | 40.59 | % | 43.15 | % | ||||
| One Year |
5.94 | % | 3.03 | % | 7.28 | % | 7.90 | % | ||||
| Since Inception2 |
3.82 | % | 3.54 | % | 4.46 | % | -7.35 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on October 13, 2006. S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Sector Funds | 5 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Financial Sector Fund (DRF)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Banco Santander S.A. |
8.6% | |
| HSBC Holdings PLC |
8.4% | |
| Commonwealth Bank of Australia |
4.0% | |
| National Australia Bank Ltd. |
3.6% | |
| Banco Bilbao Vizcaya Argentaria S.A. |
3.3% | |
| Westpac Banking Corp. |
3.2% | |
| Australia & New Zealand Banking Group Ltd. |
3.1% | |
| Allianz SE |
2.8% | |
| Muenchener Rueckversicherungs AG |
2.0% | |
| Zurich Financial Services AG |
2.0% |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Financial Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Financial Sector Index.
The WisdomTree International Financial Sector Fund returned 80.12% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Australia contributed most significantly to this performance, with an average weight of 18.73% of the Fund and returns of 94.16% over the period. Contributing least to the Fund’s performanc was Ireland, which returned 26.88% over the period, with an average weight of 0.09% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 12 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Financial Sector Index |
S&P Developed ex-U.S. BMI Financial Sector Index |
|||||||||
| Six Months1 |
80.12 | % | 77.93 | % | 81.21 | % | 78.85 | % | ||||
| One Year |
0.89 | % | -3.22 | % | 1.00 | % | -0.23 | % | ||||
| Since Inception2 |
-9.54 | % | -9.37 | % | -9.09 | % | -16.78 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of trading on October 13, 2006. S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 6 | WisdomTree International Dividend Sector Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Health Care Sector Fund (DBR)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Novartis AG |
8.8% | |
| GlaxoSmithKline PLC |
7.9% | |
| Sanofi-Aventis S.A. |
7.7% | |
| Roche Holding AG |
7.6% | |
| AstraZeneca PLC |
6.4% | |
| Bayer AG |
5.2% | |
| Takeda Pharmaceutical Co., Ltd. |
4.4% | |
| Novo Nordisk A/S Class B |
2.7% | |
| Astellas Pharma, Inc. |
2.6% | |
| Daiichi Sankyo Co., Ltd. |
2.4% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Health Care Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Health Care Sector Index.
The WisdomTree International Health Care Sector Fund returned 34.60% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Japan contributed most significantly to this performance, with an average weight of 24.245% of the Fund and returns of 33.63% over the period. Contributing least to the Fund’s performance was Singapore, which returned 32.76% over the period, with an average weight of 0.01% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 12 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Health Care Sector Index |
S&P Developed ex-U.S. BMI Health Care Sector Index |
|||||||||
| Six Months1 |
34.60 | % | 34.90 | % | 35.29 | % | 34.27 | % | ||||
| One Year |
6.48 | % | 4.98 | % | 6.83 | % | 4.95 | % | ||||
| Since Inception2 |
0.27 | % | 0.22 | % | 0.68 | % | -2.62 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on October 13, 2006. S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Sector Funds | 7 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Industrial Sector Fund (DDI)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Siemens AG |
4.6% | |
| Wesfarmers Ltd. |
2.7% | |
| Deutsche Post AG |
2.7% | |
| Cie de Saint-Gobain |
2.6% | |
| Schneider Electric S.A. |
2.5% | |
| ThyssenKrupp AG |
2.3% | |
| Koninklijke Philips Electronics N.V. |
2.3% | |
| Vinci S.A. |
2.1% | |
| Bouygues S.A. |
1.9% | |
| Hutchison Whampoa Ltd. |
1.9% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Industrial Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Industrial Sector Index.
The WisdomTree International Industrial Sector returned 59.94% at net asset value (“NAV”) for the six month period ending on September 30, 2009. France contributed most significantly to this performance, with an average weight of 15.66% of the Fund and returns of 64.93% over the period. Contributing least to the Fund’s performance was Ireland, which returned 32.47% over the period, with an average weight of 0.06% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 12 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Industrial Sector Index |
S&P Developed ex-U.S. BMI Industrial Sector Index |
|||||||||
| Six Months1 |
59.94 | % | 58.33 | % | 60.96 | % | 55.39 | % | ||||
| One Year |
7.90 | % | 5.29 | % | 9.00 | % | 7.12 | % | ||||
| Since Inception2 |
-1.72 | % | -1.96 | % | -1.55 | % | -14.90 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on October 13, 2006. S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 8 | WisdomTree International Dividend Sector Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Technology Sector Fund (DBT)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Nokia Oyj |
14.8% | |
| Canon, Inc. |
13.1% | |
| SAP AG |
7.5% | |
| Panasonic Corp. |
6.1% | |
| Telefonaktiebolaget LM Ericsson Class B |
5.4% | |
| Safran S.A. |
3.0% | |
| Ricoh Co., Ltd. |
2.6% | |
| STMicroelectronics N.V. |
2.5% | |
| Cap Gemini S.A. |
2.4% | |
| Oracle Corp. |
2.3% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Technology Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Technology Sector Index.
The WisdomTree International Technology Sector Fund returned 42.50% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Japan contributed most significantly to this performance, with an average weight of 45.13% of the Fund and returns of 41.42% over the period. Contributing least to the Fund’s performance was Switzerland, which returned 38.62% over the period, with an average weight of 0.15% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 12 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Technology Sector Index |
S&P Developed ex-U.S. BMI Information Technology Sector Index |
|||||||||
| Six Months1 |
42.50 | % | 39.99 | % | 43.20 | % | 50.47 | % | ||||
| One Year |
6.13 | % | 4.57 | % | 6.19 | % | 11.39 | % | ||||
| Since Inception2 |
-7.80 | % | -8.04 | % | -7.40 | % | -10.67 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on October 13, 2006. S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Sector Funds | 9 |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Utilities Sector Fund (DBU)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| GDF Suez |
7.4% | |
| Enel SpA |
7.3% | |
| E.ON AG |
7.1% | |
| Electricite de France |
7.0% | |
| RWE AG |
6.7% | |
| Iberdrola S.A. |
6.6% | |
| Gas Natural SDG S.A. |
4.7% | |
| National Grid PLC |
3.2% | |
| Fortum Oyj |
3.2% | |
| Snam Rete Gas SpA |
2.6% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Utilities Sector Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Utilities Sector Index.
The WisdomTree International Utilities Sector Fund returned 32.60% at net asset value (“NAV”) for the six month period ending on September 30, 2009. France contributed most significantly to this performance, with an average weight of 19.17% of the Fund and returns of 47.78% over the period. Contributing least to the Fund’s performance was Norway, which returned 34.72% over the period, with an average weight of 0.03% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The Fund’s per share 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 12 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Utilities Sector Index |
S&P Developed ex-U.S. BMI Utilities Sector Index |
|||||||||
| Six Months1 |
32.60 | % | 32.85 | % | 32.81 | % | 33.37 | % | ||||
| One Year |
-7.56 | % | -7.01 | % | -7.46 | % | -4.15 | % | ||||
| Since Inception2 |
0.60 | % | 0.66 | % | 1.09 | % | -13.86 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on October 13, 2006. S&P Developed ex-U.S. Sector Index total returns are based on the index’s inception date of April 1, 2008. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| 10 | WisdomTree International Dividend Sector Funds |
Table of Contents
Performance Summary (unaudited)
WisdomTree International Real Estate Fund (DRW)
Country Breakdown† as of 9/30/09
| † | The Fund’s country breakdown is expressed as a percentage of total investments and may change over time; does not include overnight investments in U.S. money market funds or investments of cash collateral for securities loaned. |
Top Ten Holdings* as of 9/30/09
| Description | % of Net Assets | |
| Westfield Group |
7.2% | |
| Unibail-Rodamco SE |
5.1% | |
| Gecina S.A. |
4.6% | |
| Sun Hung Kai Properties Ltd. |
4.6% | |
| Cheung Kong Holdings Ltd. |
3.7% | |
| Segro PLC |
3.2% | |
| Land Securities Group PLC |
2.6% | |
| Stockland |
2.4% | |
| Fonciere Des Regions |
2.1% | |
| Klepierre |
2.1% | |
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. |
The WisdomTree International Real Estate Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International Real Estate Index.
The WisdomTree International Real Estate Fund returned 73.51% at net asset value (“NAV”) for the six month period ending on September 30, 2009. Hong Kong contributed most significantly to this performance, with an average weight of 26.88% of the Fund and returns of 68.85% over the period. Contributing least to the Fund’s performance was Spain, which returned (2.52)% over the period, with an average weight of 0.63% of the Fund.
The following performance chart is provided for comparative purposes and represents the period noted. The 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 return is based on the market price per share of the Fund. The price used to calculate market price returns is the mid-point of the highest bid and lowest offer for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other 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.
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 are not available for direct investment. In comparison, the Fund’s performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or that a shareholder would pay on Fund distributions. Please see page 12 for the list of index definitions. The annual expense ratio of the Fund is 0.58%.
Performance as of 9/30/09
| Average Annual Total Return | ||||||||||||
| Fund Net Asset Value |
Fund Market Price |
WisdomTree International Real Estate Index |
Dow Jones Wilshire ex-U.S. RESI Index |
|||||||||
| Six Months1 |
73.51 | % | 72.53 | % | 74.74 | % | 67.44 | % | ||||
| One Year |
5.15 | % | 4.36 | % | 5.03 | % | -0.99 | % | ||||
| Since Inception2 |
-18.90 | % | -19.16 | % | -18.83 | % | -21.72 | % | ||||
| 1 | Returns of less than one year are cumulative. |
| 2 | Total returns are calculated based on the commencement of Fund trading on June 5, 2007. |
Performance quoted represents past performance and past performance does not guarantee future results. Current performance may be higher or lower than the performance quoted. For the most recent month-end performance information visit www.wisdomtree.com. Investment in the Fund poses investment risk including the possible loss of principal. The investment return and principal value of an investment will fluctuate, so that shares, when sold or redeemed, may be worth more or less than their original cost. 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 less than one year have not been annualized. Index returns do not reflect expenses paid by the Fund.
| WisdomTree International Dividend Sector Funds | 11 |
Table of Contents
Description of Indexes
Below are the descriptions of each index referenced in this Semi-Annual Report:
Correlated WisdomTree Indexes:
The WisdomTree International Sector Indexes measure the performance of dividend-paying companies in developed markets outside of the U.S. and Canada, within their indicated international sector, and derived from the WisdomTree DEFA Index.
The WisdomTree International Real Estate Index measures the performance of companies in developed markets outside of the U.S. and Canada that pay regular cash dividends and that WisdomTree Investments classifies as being part of the International Real Estate sector.
Benchmarks:
The S&P Developed Ex-U.S. BMI Sector Indexes represent the non-U.S. sub-industries of developed countries included in the S&P Global BMI Index, which covers the universe of publicly listed equities in developed and emerging markets with float-adjusted market values of at least $100 million.
The Dow Jones Wilshire ex-U.S. Real Estate Securities Index is designed to provide measures of real estate securities that serve as proxies for direct real estate investing in the international markets and is weighted by float-adjusted market cap.
Index returns do not reflect expenses paid by the Fund. Index returns assume reinvestment of distributions. It is not possible to invest directly in an index.
| 12 | WisdomTree International Dividend Sector Funds |
Table of Contents
Shareholder Expense Examples (unaudited)
As a shareholder of a WisdomTree Fund, you incur two types of costs: (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 following example is 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 example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2009 to September 30, 2009.
Actual expenses
The first line under each Fund in the table on the next page 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 Period 4/01/09 to 9/30/09” to estimate the expenses you paid on your account during this period.
Hypothetical example for comparison purposes
The second line under each Fund in the table on the next page provides information about hypothetical account values and hypothetical expenses based on each 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 under each Fund 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 International Dividend Sector Funds | 13 |
Table of Contents
Shareholder Expense Examples (unaudited) (concluded)
| Beginning Account Value 4/01/09 |
Ending Account Value 9/30/09 |
Annualized Expense Ratio Based on the Period 4/01/09 to 9/30/09 |
Expenses Paid During the Period† 4/01/09 to 9/30/09 | |||||||||
| WisdomTree International Basic Materials Sector Fund | ||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,602.48 | 0.58 | % | $ | 3.78 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Communications Sector Fund | ||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,327.39 | 0.58 | % | $ | 3.38 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Consumer Discretionary Sector Fund | ||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,493.41 | 0.58 | % | $ | 3.63 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Consumer Staples Sector Fund | ||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,415.81 | 0.58 | % | $ | 3.51 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Energy Sector Fund | ||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,387.72 | 0.58 | % | $ | 3.47 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Financial Sector Fund | ||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,801.18 | 0.58 | % | $ | 4.07 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Health Care Sector Fund | ||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,345.97 | 0.58 | % | $ | 3.41 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Industrial Sector Fund | ||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,599.38 | 0.58 | % | $ | 3.78 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Technology Sector Fund | ||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,425.03 | 0.58 | % | $ | 3.53 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Utilities Sector Fund | ||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,325.96 | 0.58 | % | $ | 3.38 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| WisdomTree International Real Estate Fund |
||||||||||||
| Actual |
$ | 1,000.00 | $ | 1,735.06 | 0.58 | % | $ | 3.98 | ||||
| Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 | ||||
| † | Expenses are calculated using each Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 183/365 (to reflect one-half year period). |
| 14 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Basic Materials Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.7% | |||||
| Australia – 19.3% | |||||
| Adelaide Brighton Ltd. |
69,002 | $ | 169,905 | ||
| BHP Billiton Ltd. |
137,109 | 4,565,540 | |||
| BlueScope Steel Ltd. |
143,144 | 370,152 | |||
| Boral Ltd. |
56,234 | 302,243 | |||
| Felix Resources Ltd. |
12,885 | 195,024 | |||
| Incitec Pivot Ltd. |
154,916 | 386,921 | |||
| OneSteel Ltd. |
106,816 | 285,640 | |||
| Orica Ltd. |
23,684 | 491,205 | |||
| Rio Tinto Ltd. |
20,885 | 1,091,915 | |||
| Sims Metal Management Ltd. |
11,173 | 225,121 | |||
| Total Australia | 8,083,666 | ||||
| Austria – 2.2% | |||||
| voestalpine AG |
25,795 | 919,614 | |||
| Belgium – 2.0% | |||||
| Solvay S.A. |
5,963 | 618,408 | |||
| Umicore |
7,574 | 226,511 | |||
| Total Belgium | 844,919 | ||||
| Denmark – 0.2% | |||||
| Auriga Industries Class B |
4,030 | 73,983 | |||
| Finland – 3.0% | |||||
| Outokumpu Oyj |
10,184 | 191,433 | |||
| Rautaruukki Oyj |
19,804 | 474,739 | |||
| UPM-Kymmene Oyj |
48,673 | 583,392 | |||
| Total Finland | 1,249,564 | ||||
| France – 9.5% | |||||
| Air Liquide S.A. |
11,517 | 1,308,874 | |||
| Arkema S.A. |
4,197 | 147,725 | |||
| Ciments Francais S.A. |
2,319 | 260,158 | |||
| Eramet(a) |
987 | 342,136 | |||
| Imerys S.A. |
5,462 | 313,085 | |||
| Lafarge S.A. |
16,021 | 1,432,004 | |||
| Sa des Ciments Vicat |
2,290 | 175,164 | |||
| Total France | 3,979,146 | ||||
| Germany – 16.1% | |||||
| Aurubis AG |
5,460 | 227,295 | |||
| BASF SE |
81,339 | 4,305,123 | |||
| K+S AG |
12,687 | 691,528 | |||
| Lanxess AG |
4,306 | 148,226 | |||
| Linde AG |
6,733 | 729,067 | |||
| Salzgitter AG |
2,025 | 193,876 | |||
| Symrise AG |
8,602 | 163,833 | |||
| Wacker Chemie AG |
1,617 | 251,933 | |||
| Total Germany | 6,710,881 | ||||
| Hong Kong – 0.4% | |||||
| China Agri-Industries Holdings Ltd. |
172,000 | 160,680 | |||
| Ireland – 2.1% | |||||
| CRH PLC |
32,542 | 899,319 | |||
| Investments | Shares | U.S. $ Value | |||
| Italy – 0.8% | |||||
| Buzzi Unicem SpA |
10,531 | $ | 181,639 | ||
| Italcementi SpA |
9,623 | 147,974 | |||
| Total Italy | 329,613 | ||||
| Japan – 13.9% | |||||
| Air Water, Inc. |
11,000 | 127,034 | |||
| Asahi Kasei Corp. |
55,000 | 280,728 | |||
| DIC Corp. |
85,000 | 121,517 | |||
| JFE Holdings, Inc. |
22,400 | 770,559 | |||
| JSR Corp. |
11,400 | 234,277 | |||
| Kaneka Corp. |
23,000 | 165,689 | |||
| Kuraray Co., Ltd. |
17,500 | 191,545 | |||
| Mitsubishi Chemical Holdings Corp. |
74,000 | 308,282 | |||
| Mitsubishi Gas Chemical Co., Inc. |
33,000 | 179,863 | |||
| Nippon Mining Holdings, Inc. |
46,500 | 229,553 | |||
| Nippon Paper Group, Inc. |
7,600 | 219,847 | |||
| Nippon Steel Corp. |
109,000 | 399,308 | |||
| Nisshin Steel Co., Ltd. |
67,000 | 119,730 | |||
| OJI Paper Co., Ltd. |
52,000 | 235,215 | |||
| Shin-Etsu Chemical Co., Ltd. |
13,600 | 838,465 | |||
| Showa Denko K.K. |
91,000 | 185,994 | |||
| Sumitomo Chemical Co., Ltd. |
62,000 | 258,982 | |||
| Sumitomo Metal Industries Ltd. |
265,000 | 654,102 | |||
| Taiyo Nippon Sanso Corp. |
14,000 | 167,152 | |||
| Ube Industries Ltd. |
46,000 | 121,249 | |||
| Total Japan | 5,809,091 | ||||
| Netherlands – 1.4% | |||||
| Koninklijke DSM N.V. |
13,846 | 577,815 | |||
| New Zealand – 0.9% | |||||
| Fletcher Building Ltd. |
59,619 | 360,122 | |||
| Norway – 0.7% | |||||
| Yara International ASA |
9,987 | 312,917 | |||
| Portugal – 1.4% | |||||
| Cimpor Cimentos de Portugal SGPS S.A. |
47,552 | 392,366 | |||
| Portucel-Empresa Produtora de Pasta e Papel, S.A. |
64,371 | 197,403 | |||
| Total Portugal | 589,769 | ||||
| Spain – 0.8% | |||||
| Acerinox S.A. |
16,253 | 348,990 | |||
| Sweden – 1.2% | |||||
| Holmen AB Class B |
6,655 | 182,724 | |||
| SSAB AB Class A |
19,637 | 303,280 | |||
| Total Sweden | 486,004 | ||||
| Switzerland – 5.5% | |||||
| Ems-Chemie Holding AG |
2,824 | 313,793 | |||
| Holcim Ltd.* |
19,374 | 1,327,510 | |||
| Syngenta AG |
2,860 | 656,258 | |||
| Total Switzerland | 2,297,561 | ||||
| United Kingdom – 18.3% | |||||
| Antofagasta PLC |
85,957 | 1,044,125 | |||
| BHP Billiton PLC |
103,038 | 2,814,679 | |||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 15 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Basic Materials Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | ||||
| Bunzl PLC |
26,012 | $ | 263,967 | |||
| Eurasian Natural Resources Corp. |
52,684 | 738,540 | ||||
| Johnson Matthey PLC |
10,742 | 238,461 | ||||
| Mondi PLC |
33,764 | 166,807 | ||||
| Rio Tinto PLC |
50,435 | 2,152,498 | ||||
| Vedanta Resources PLC |
7,622 | 231,859 | ||||
| Total United Kingdom | 7,650,936 | |||||
| TOTAL COMMON STOCKS (Cost: $47,199,342) |
41,684,590 | |||||
| SHORT-TERM INVESTMENT – 0.1% | ||||||
| MONEY MARKET FUND – 0.1% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) |
||||||
| (Cost: $42,289) | 42,289 | 42,289 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.7% | ||||||
| MONEY MARKET FUND – 0.7% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) |
||||||
| (Cost: $286,003)(d) | 286,003 | 286,003 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 100.5% (Cost: $47,527,634)(e) |
42,012,882 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (0.5)% |
(227,453 | ) | ||||
| NET ASSETS – 100.0% | $ | 41,785,429 | ||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $284,632 and the total market value of the collateral held by the Fund was $286,003. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 16 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Communications Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.4% | |||||
| Australia – 5.7% | |||||
| Telstra Corp., Ltd. |
504,073 | $ | 1,454,724 | ||
| Washington H. Soul Pattinson & Co., Ltd. |
3,281 | 39,757 | |||
| Total Australia | 1,494,481 | ||||
| Austria – 2.8% | |||||
| Telekom Austria AG |
40,724 | 733,364 | |||
| Belgium – 4.2% | |||||
| Belgacom S.A. |
24,925 | 969,843 | |||
| Mobistar S.A. |
1,857 | 128,363 | |||
| Total Belgium | 1,098,206 | ||||
| Finland – 0.3% | |||||
| Elisa Oyj |
4,079 | 83,591 | |||
| France – 6.8% | |||||
| France Telecom S.A. |
67,236 | 1,789,167 | |||
| Germany – 6.6% | |||||
| Deutsche Telekom AG |
128,008 | 1,745,730 | |||
| Hong Kong – 8.8% | |||||
| China Mobile Ltd. |
165,500 | 1,614,415 | |||
| China Unicom (Hong Kong) Ltd. |
483,475 | 684,971 | |||
| Citic 1616 Holdings Ltd. |
44,000 | 11,695 | |||
| Total Hong Kong | 2,311,081 | ||||
| Italy – 6.9% | |||||
| Telecom Italia SpA |
560,466 | 982,260 | |||
| Telecom Italia SpA RSP |
685,208 | 841,318 | |||
| Total Italy | 1,823,578 | ||||
| Japan – 11.0% | |||||
| KDDI Corp. |
118 | 666,868 | |||
| Nippon Telegraph & Telephone Corp. |
23,804 | 1,105,988 | |||
| NTT DoCoMo, Inc. |
704 | 1,127,532 | |||
| Total Japan | 2,900,388 | ||||
| Netherlands – 4.2% | |||||
| Koninklijke KPN N.V. |
66,860 | 1,107,761 | |||
| New Zealand – 2.5% | |||||
| Telecom Corp. of New Zealand Ltd. |
342,552 | 659,154 | |||
| Portugal – 3.1% | |||||
| Portugal Telecom, SGPS, S.A. |
76,831 | 812,518 | |||
| Singapore – 4.6% | |||||
| Keppel Telecommunications & Transportation Ltd. |
6,000 | 6,174 | |||
| MobileOne Ltd. |
37,600 | 47,232 | |||
| Pacific Century Regional Developments Ltd. |
498,000 | 81,289 | |||
| Singapore Telecommunications Ltd. |
427,000 | 984,883 | |||
| StarHub Ltd. |
65,842 | 101,400 | |||
| Total Singapore | 1,220,978 | ||||
| Spain – 7.8% | |||||
| Telefonica S.A. |
74,880 | 2,063,719 | |||
| Sweden – 6.7% | |||||
| Tele2 AB Class B |
57,521 | 760,876 | |||
| TeliaSonera AB |
152,486 | 998,714 | |||
| Total Sweden | 1,759,590 | ||||
| Investments | Shares | U.S. $ Value | |||
| Switzerland – 3.3% | |||||
| Swisscom AG |
2,466 | $ | 881,096 | ||
| United Kingdom – 14.1% | |||||
| BT Group PLC |
581,783 | 1,209,617 | |||
| Cable & Wireless PLC |
262,493 | 602,439 | |||
| Inmarsat PLC |
7,052 | 62,202 | |||
| Kcom Group PLC |
19,431 | 11,498 | |||
| Telecom Plus PLC |
1,500 | 7,605 | |||
| Vodafone Group PLC |
818,664 | 1,835,681 | |||
| Total United Kingdom | 3,729,042 | ||||
| TOTAL COMMON STOCKS (Cost: $29,418,907) |
26,213,444 | ||||
| SHORT-TERM INVESTMENT – 0.0% | |||||
| MONEY MARKET FUND – 0.0% | |||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(a) |
|||||
| (Cost: $6,017) | 6,017 | 6,017 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.4% (Cost: $29,424,924)(b) |
26,219,461 | ||||
| Foreign Currency and Other Assets in Excess of Liabilities – 0.6% |
146,697 | ||||
| NET ASSETS – 100.0% | $ | 26,366,158 | |||
RSP – Risparmio Italian Savings Shares
| (a) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (b) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 17 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Consumer Discretionary Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.7% | |||||
| Australia – 6.0% | |||||
| APN News & Media Ltd. |
21,166 | $ | 38,481 | ||
| Aristocrat Leisure Ltd. |
11,968 | 55,453 | |||
| Billabong International Ltd. |
4,308 | 45,624 | |||
| Consolidated Media Holdings Ltd. |
3,010 | 7,890 | |||
| Crown Ltd. |
8,758 | 69,023 | |||
| David Jones Ltd. |
10,106 | 52,087 | |||
| Fairfax Media Ltd. |
33,059 | 50,037 | |||
| Harvey Norman Holdings Ltd. |
11,928 | 45,266 | |||
| TABCORP Holdings Ltd. |
5,157 | 32,451 | |||
| Tatts Group Ltd. |
2,742 | 6,147 | |||
| West Australian Newspapers Holdings Ltd. |
7,599 | 50,634 | |||
| Total Australia | 453,093 | ||||
| Finland – 0.9% | |||||
| Sanoma Oyj |
3,229 | 71,222 | |||
| France – 20.1% | |||||
| Accor S.A. |
2,519 | 140,064 | |||
| Compagnie Generale des Etablissements Michelin Class B |
622 | 48,741 | |||
| Hermes International |
270 | 39,801 | |||
| Lagardere SCA |
1,645 | 76,535 | |||
| LVMH Moet Hennessy Louis Vuitton S.A. |
2,497 | 250,855 | |||
| M6-Metropole Television |
1,580 | 41,502 | |||
| PagesJaunes Groupe(a) |
6,425 | 83,217 | |||
| PPR |
1,479 | 189,357 | |||
| Publicis Groupe |
884 | 35,418 | |||
| Rallye S.A.(a) |
919 | 32,636 | |||
| Societe BIC S.A. |
411 | 29,197 | |||
| Societe Television Francaise 1 |
3,049 | 53,525 | |||
| Vivendi |
16,389 | 506,545 | |||
| Total France | 1,527,393 | ||||
| Germany – 7.3% | |||||
| Adidas AG |
1,035 | 54,720 | |||
| Bayerische Motoren Werke AG |
1,266 | 60,974 | |||
| Daimler AG |
4,402 | 221,376 | |||
| Fielmann AG |
512 | 37,158 | |||
| Metro AG |
1,885 | 106,492 | |||
| Volkswagen AG(a) |
445 | 73,066 | |||
| Total Germany | 553,786 | ||||
| Hong Kong – 0.7% | |||||
| Denway Motors Ltd. |
60,000 | 26,709 | |||
| Television Broadcasts Ltd. |
7,000 | 30,168 | |||
| Total Hong Kong | 56,877 | ||||
| Italy – 2.8% | |||||
| Fiat SpA RSP |
3,613 | 27,673 | |||
| Geox SpA |
4,481 | 38,743 | |||
| Lottomatica SpA |
1,673 | 37,439 | |||
| Mediaset SpA |
16,134 | 112,727 | |||
| Total Italy | 216,582 | ||||
| Investments | Shares | U.S. $ Value | |||
| Japan – 32.1% | |||||
| Aisin Seiki Co., Ltd. |
1,500 | $ | 36,690 | ||
| Bridgestone Corp. |
3,800 | 68,373 | |||
| Daito Trust Construction Co., Ltd. |
700 | 30,647 | |||
| Daiwa House Industry Co., Ltd. |
3,000 | 31,496 | |||
| DENSO Corp. |
2,500 | 73,714 | |||
| Dentsu, Inc. |
1,800 | 42,017 | |||
| Fast Retailing Co., Ltd. |
300 | 38,063 | |||
| FUJIFILM Holdings Corp. |
1,600 | 48,071 | |||
| Hikari Tsushin, Inc. |
1,200 | 26,282 | |||
| Honda Motor Co., Ltd. |
10,300 | 318,082 | |||
| Isetan Mitsukoshi Holdings Ltd. |
2,540 | 29,248 | |||
| ITOCHU Corp. |
12,000 | 79,745 | |||
| Konami Corp. |
1,700 | 34,746 | |||
| Marubeni Corp. |
14,000 | 70,833 | |||
| Marui Group Co., Ltd. |
5,000 | 35,908 | |||
| Mitsubishi Corp. |
9,600 | 194,713 | |||
| Mitsui & Co., Ltd. |
10,700 | 140,300 | |||
| Nikon Corp. |
2,000 | 36,678 | |||
| Nippon Television Network Corp. |
230 | 33,138 | |||
| Oriental Land Co., Ltd. |
500 | 35,293 | |||
| Sankyo Co., Ltd. |
900 | 56,492 | |||
| Sekisui Chemical Co., Ltd. |
6,000 | 34,981 | |||
| Sekisui House Ltd. |
6,000 | 54,280 | |||
| Sharp Corp. |
6,000 | 66,879 | |||
| Shimamura Co., Ltd. |
400 | 39,359 | |||
| Sony Corp. |
3,700 | 109,717 | |||
| Sumitomo Corp. |
10,000 | 103,312 | |||
| Suzuki Motor Corp. |
1,600 | 37,438 | |||
| Toray Industries, Inc. |
7,000 | 42,531 | |||
| Toyota Motor Corp. |
11,400 | 454,549 | |||
| Yamaha Corp. |
2,800 | 33,212 | |||
| Total Japan | 2,436,787 | ||||
| Netherlands – 1.9% | |||||
| Reed Elsevier N.V. |
6,645 | 74,887 | |||
| Wolters Kluwer N.V. |
3,194 | 68,139 | |||
| Total Netherlands | 143,026 | ||||
| New Zealand – 0.4% | |||||
| Sky City Entertainment Group Ltd. |
13,612 | 32,002 | |||
| Singapore – 1.2% | |||||
| Jardine Cycle & Carriage Ltd. |
3,000 | 51,737 | |||
| Singapore Press Holdings Ltd. |
15,000 | 41,092 | |||
| Total Singapore | 92,829 | ||||
| Spain – 6.1% | |||||
| Antena 3 de Television S.A. |
3,682 | 38,912 | |||
| Gestevision Telecinco S.A. |
6,061 | 76,368 | |||
| Inditex S.A. |
5,506 | 315,567 | |||
| NH Hoteles S.A.* |
4,540 | 30,028 | |||
| Total Spain | 460,875 | ||||
| Sweden – 5.7% | |||||
| Hakon Invest AB |
3,413 | 52,956 | |||
| Hennes & Mauritz AB Class B |
6,783 | 379,751 | |||
| Total Sweden | 432,707 | ||||
See Notes to Financial Statements.
| 18 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Consumer Discretionary Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | ||||
| Switzerland – 3.2% | ||||||
| Compagnie Financiere Richemont S.A. Class A |
5,471 | $ | 154,379 | |||
| Swatch Group AG (The) |
724 | 32,863 | ||||
| Swatch Group AG (The) Class B |
227 | 53,400 | ||||
| Total Switzerland | 240,642 | |||||
| United Kingdom – 11.3% | ||||||
| British Sky Broadcasting Group PLC |
13,789 | 126,035 | ||||
| Burberry Group PLC |
4,587 | 36,938 | ||||
| Carpetright PLC |
1,347 | 17,245 | ||||
| Compass Group PLC |
10,654 | 65,142 | ||||
| Daily Mail & General Trust N.V. Class A |
320 | 2,350 | ||||
| Electrocomponents PLC |
8,833 | 21,699 | ||||
| Home Retail Group PLC |
12,099 | 52,614 | ||||
| Intercontinental Hotels Group PLC |
2,961 | 38,477 | ||||
| Kingfisher PLC |
16,893 | 57,521 | ||||
| Ladbrokes PLC |
12,479 | 37,402 | ||||
| Marks & Spencer Group PLC |
19,614 | 113,590 | ||||
| Next PLC |
1,909 | 54,713 | ||||
| Pearson PLC |
8,755 | 107,958 | ||||
| Reed Elsevier PLC |
10,788 | 80,800 | ||||
| Whitbread PLC |
2,275 | 44,244 | ||||
| Total United Kingdom | 856,728 | |||||
| TOTAL COMMON STOCKS (Cost: $7,032,949) |
7,574,549 | |||||
| SHORT-TERM INVESTMENT – 0.0% | ||||||
| MONEY MARKET FUND – 0.0% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) |
||||||
| (Cost: $1,432) | 1,432 | 1,432 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.1% | ||||||
| MONEY MARKET FUND – 2.1% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) |
||||||
| (Cost: $157,001)(d) | 157,001 | 157,001 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 101.8% (Cost: $7,191,382)(e) |
7,732,982 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (1.8)% |
(134,833 | ) | ||||
| NET ASSETS – 100.0% | $ | 7,598,149 | ||||
RSP – Risparmio Italian Savings Shares
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $148,925 and the total market value of the collateral held by the Fund was $157,001. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 19 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Consumer Staples Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.3% | |||||
| Australia – 6.9% | |||||
| Coca-Cola Amatil Ltd. |
14,112 | $ | 122,179 | ||
| Foster’s Group Ltd. |
40,106 | 196,445 | |||
| Goodman Fielder Ltd.(a) |
59,874 | 88,246 | |||
| Iress Market Technology Ltd. |
3,940 | 29,522 | |||
| Lion Nathan Ltd. |
8,341 | 84,287 | |||
| Metcash Ltd. |
17,036 | 67,658 | |||
| Woolworths Ltd. |
16,663 | 430,149 | |||
| Wotif.com Holdings Ltd. |
6,292 | 30,597 | |||
| Total Australia | 1,049,083 | ||||
| Belgium – 3.1% | |||||
| Anheuser-Busch InBev N.V. |
7,133 | 325,353 | |||
| Colruyt S.A. |
248 | 58,218 | |||
| Delhaize Group |
1,155 | 80,091 | |||
| Total Belgium | 463,662 | ||||
| Denmark – 0.6% | |||||
| Carlsberg A/S Class B |
592 | 42,832 | |||
| Danisco A/S |
815 | 49,406 | |||
| Total Denmark | 92,238 | ||||
| Finland – 0.4% | |||||
| Kesko Oyj Class B |
1,779 | 59,548 | |||
| France – 13.4% | |||||
| Carrefour S.A. |
9,653 | 437,403 | |||
| Casino Guichard Perrachon S.A. |
2,124 | 168,272 | |||
| Christian Dior S.A. |
2,044 | 201,671 | |||
| Danone |
6,420 | 386,438 | |||
| L’Oreal S.A. |
5,875 | 583,520 | |||
| Pernod-Ricard S.A. |
2,595 | 205,852 | |||
| Remy Cointreau S.A. |
1,160 | 48,468 | |||
| Total France | 2,031,624 | ||||
| Germany – 1.8% | |||||
| Beiersdorf AG |
2,276 | 133,506 | |||
| Henkel AG & Co. KGaA |
2,899 | 105,216 | |||
| Suedzucker AG |
1,650 | 33,403 | |||
| Total Germany | 272,125 | ||||
| Hong Kong – 0.4% | |||||
| Shanghai Industrial Holdings Ltd. |
12,000 | 54,116 | |||
| Ireland – 0.4% | |||||
| Kerry Group PLC Class A |
2,187 | 62,493 | |||
| Italy – 0.8% | |||||
| Parmalat SpA |
44,568 | 123,059 | |||
| Japan – 10.0% | |||||
| Aeon Co., Ltd. |
7,600 | 72,914 | |||
| Ajinomoto Co., Inc. |
10,000 | 100,408 | |||
| Asahi Breweries Ltd. |
4,500 | 82,526 | |||
| Coca-Cola West Co., Ltd. |
2,500 | 49,059 | |||
| FamilyMart Co., Ltd. |
1,600 | 51,645 | |||
| Japan Tobacco, Inc. |
68 | 233,920 | |||
| Kao Corp. |
6,200 | 153,728 | |||
| Investments | Shares | U.S. $ Value | |||
| Kirin Holdings Co., Ltd. |
10,000 | $ | 153,683 | ||
| Lawson, Inc. |
2,100 | 97,805 | |||
| Nisshin Seifun Group, Inc. |
4,000 | 56,112 | |||
| Nissin Foods Holdings Co., Ltd. |
1,600 | 61,652 | |||
| Park24 Co., Ltd. |
4,800 | 55,433 | |||
| Seven & I Holdings Co., Ltd. |
8,900 | 213,715 | |||
| Shiseido Co., Ltd. |
5,000 | 87,396 | |||
| Unicharm Corp. |
500 | 47,579 | |||
| Total Japan | 1,517,575 | ||||
| Netherlands – 8.7% | |||||
| Heineken Holding N.V. |
3,429 | 139,714 | |||
| Heineken N.V. |
5,084 | 234,123 | |||
| Koninklijke Ahold N.V. |
9,692 | 116,451 | |||
| Nutreco Holding N.V. |
1,168 | 56,749 | |||
| Unilever N.V. CVA |
27,149 | 781,570 | |||
| Total Netherlands | 1,328,607 | ||||
| Norway – 1.2% | |||||
| Orkla ASA(a) |
19,048 | 178,750 | |||
| Portugal – 0.7% | |||||
| Jeronimo Martins, SGPS, S.A. |
6,755 | 59,095 | |||
| Sonae |
37,346 | 51,586 | |||
| Total Portugal | 110,681 | ||||
| Singapore – 1.2% | |||||
| Wilmar International Ltd. |
40,000 | 179,412 | |||
| Spain – 0.3% | |||||
| Ebro Puleva S.A. |
2,430 | 46,175 | |||
| Sweden – 1.7% | |||||
| Svenska Cellulosa AB Class B |
12,260 | 165,679 | |||
| Swedish Match AB |
4,622 | 92,535 | |||
| Total Sweden | 258,214 | ||||
| Switzerland – 15.2% | |||||
| Adecco S.A. |
2,564 | 136,150 | |||
| Givaudan S.A. |
62 | 46,426 | |||
| Nestle S.A. |
49,908 | 2,123,970 | |||
| Total Switzerland | 2,306,546 | ||||
| United Kingdom – 32.5% | |||||
| Associated British Foods PLC |
8,852 | 119,914 | |||
| British American Tobacco PLC |
35,573 | 1,116,823 | |||
| Cadbury PLC |
16,852 | 216,427 | |||
| Capita Group PLC (The) |
5,796 | 66,975 | |||
| Diageo PLC |
37,040 | 568,703 | |||
| Hays PLC |
49,457 | 82,263 | |||
| Imperial Tobacco Group PLC |
13,707 | 396,355 | |||
| J. Sainsbury PLC |
26,660 | 138,576 | |||
| Marston’s PLC |
23,406 | 36,442 | |||
| Reckitt Benckiser Group PLC |
7,416 | 362,703 | |||
| SABMiller PLC |
13,753 | 331,918 | |||
| Tate & Lyle PLC |
15,843 | 107,131 | |||
| Tesco PLC |
93,135 | 595,226 | |||
| Thomas Cook Group PLC |
18,408 | 68,391 | |||
| TUI Travel PLC |
20,509 | 83,511 | |||
See Notes to Financial Statements.
| 20 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Consumer Staples Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | ||||
| Unilever PLC |
18,857 | $ | 536,226 | |||
| Wm Morrison Supermarkets PLC |
25,885 | 114,800 | ||||
| Total United Kingdom | 4,942,384 | |||||
| TOTAL COMMON STOCKS (Cost: $16,157,167) |
15,076,292 | |||||
| SHORT-TERM INVESTMENT – 0.0% | ||||||
| MONEY MARKET FUND – 0.0% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) |
||||||
| (Cost: $1,700) | 1,700 | 1,700 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.2% | ||||||
| MONEY MARKET FUND – 1.2% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) |
||||||
| (Cost: $179,002)(d) | 179,002 | 179,002 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 100.5% (Cost: $16,337,869)(e) |
15,256,994 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (0.5)% |
(71,710 | ) | ||||
| NET ASSETS – 100.0% | $ | 15,185,284 | ||||
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $168,786 and the total market value of the collateral held by the Fund was $179,002. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 21 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Energy Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.5% | |||||
| Australia – 10.3% | |||||
| Beach Petroleum Ltd. |
16,177 | $ | 10,708 | ||
| Centennial Coal Co., Ltd. |
24,245 | 68,900 | |||
| Gloucester Coal Ltd. |
3,256 | 18,132 | |||
| New Hope Corp., Ltd. |
10,959 | 55,613 | |||
| Santos Ltd. |
79,027 | 1,060,129 | |||
| Whitehaven Coal Ltd. |
4,018 | 13,191 | |||
| Woodside Petroleum Ltd. |
34,040 | 1,566,090 | |||
| WorleyParsons Ltd. |
46,060 | 1,207,719 | |||
| Total Australia | 4,000,482 | ||||
| Austria – 2.8% | |||||
| OMV AG |
26,893 | 1,083,763 | |||
| Schoeller-Bleckmann Oilfield Equipment AG |
349 | 16,717 | |||
| Total Austria | 1,100,480 | ||||
| Finland – 3.3% | |||||
| Neste Oil Oyj |
68,607 | 1,265,569 | |||
| France – 13.1% | |||||
| Etablissements Maurel et Prom |
54,452 | 1,099,172 | |||
| Technip S.A. |
19,083 | 1,217,556 | |||
| TOTAL S.A. |
46,689 | 2,771,101 | |||
| Total France | 5,087,829 | ||||
| Hong Kong – 4.9% | |||||
| CNOOC Ltd. |
1,418,318 | 1,906,939 | |||
| Italy – 13.3% | |||||
| ENI SpA |
103,423 | 2,582,041 | |||
| ERG SpA |
4,693 | 71,342 | |||
| Saipem SpA |
41,128 | 1,237,204 | |||
| Saras SpA |
336,456 | 1,297,116 | |||
| Total Italy | 5,187,703 | ||||
| Japan – 7.6% | |||||
| AOC Holdings, Inc. |
800 | 5,093 | |||
| Cosmo Oil Co., Ltd. |
13,000 | 36,299 | |||
| Idemitsu Kosan Co., Ltd. |
400 | 33,104 | |||
| Itochu Enex Co., Ltd. |
2,400 | 14,019 | |||
| Mitsuuroko Co., Ltd. |
1,200 | 8,672 | |||
| Modec, Inc. |
200 | 4,101 | |||
| Nippon Oil Corp. |
173,000 | 973,832 | |||
| San-Ai Oil Co., Ltd. |
1,000 | 4,981 | |||
| Showa Shell Sekiyu K.K. |
87,200 | 955,416 | |||
| Sinanen Co., Ltd. |
1,000 | 5,361 | |||
| TonenGeneral Sekiyu K.K. |
93,250 | 913,389 | |||
| Total Japan | 2,954,267 | ||||
| Netherlands – 3.8% | |||||
| Fugro N.V. CVA |
23,198 | 1,338,200 | |||
| SBM Offshore N.V. |
6,450 | 136,988 | |||
| Total Netherlands | 1,475,188 | ||||
| Norway – 6.0% | |||||
| Aker ASA Class A |
2,127 | 53,887 | |||
| StatoilHydro ASA |
102,697 | 2,299,147 | |||
| Total Norway | 2,353,034 | ||||
| Investments | Shares | U.S. $ Value | ||||
| Portugal – 3.2% | ||||||
| Galp Energia, SGPS, S.A. Class B |
72,714 | $ | 1,256,301 | |||
| Singapore – 0.3% | ||||||
| CH Offshore Ltd. |
23,000 | 11,263 | ||||
| Straits Asia Resources Ltd. |
60,000 | 90,699 | ||||
| Total Singapore | 101,962 | |||||
| Spain – 7.5% | ||||||
| Cia Espanola de Petroleos S.A. |
27,776 | 1,026,373 | ||||
| Repsol YPF S.A.(a) |
70,216 | 1,907,979 | ||||
| Total Spain | 2,934,352 | |||||
| United Kingdom – 23.4% | ||||||
| BG Group PLC |
63,185 | 1,098,467 | ||||
| BP PLC |
346,234 | 3,062,234 | ||||
| Hunting PLC |
2,175 | 18,750 | ||||
| JKX Oil & Gas PLC |
2,665 | 11,836 | ||||
| John Wood Group PLC |
8,506 | 41,370 | ||||
| Royal Dutch Shell PLC Class A |
87,780 | 2,503,873 | ||||
| Royal Dutch Shell PLC Class B |
83,139 | 2,308,331 | ||||
| Tullow Oil PLC |
3,667 | 66,155 | ||||
| Wellstream Holdings PLC |
1,396 | 13,619 | ||||
| Total United Kingdom | 9,124,635 | |||||
| TOTAL COMMON STOCKS (Cost: $45,411,712) |
38,748,741 | |||||
| SHORT-TERM INVESTMENT – 0.0% | ||||||
| MONEY MARKET FUND – 0.0% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) |
||||||
| (Cost: $9,460) | 9,460 | 9,460 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.6% | ||||||
| MONEY MARKET FUND – 2.6% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) |
||||||
| (Cost: $1,015,009)(d) | 1,015,009 | 1,015,009 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 102.1% (Cost: $46,436,181)(e) |
39,773,210 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (2.1)% |
(808,146 | ) | ||||
| NET ASSETS – 100.0% | $ | 38,965,064 | ||||
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $954,121 and the total market value of the collateral held by the Fund was $1,015,009. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 22 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Financial Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.5% | |||||
| Australia – 18.9% | |||||
| AMP Ltd. |
28,222 | $ | 162,396 | ||
| Australia & New Zealand Banking Group Ltd. |
23,486 | 505,545 | |||
| Commonwealth Bank of Australia |
14,365 | 656,078 | |||
| Lend Lease Corp., Ltd. |
10,875 | 101,736 | |||
| Macquarie Group Ltd. |
3,021 | 156,745 | |||
| National Australia Bank Ltd. |
21,770 | 590,995 | |||
| QBE Insurance Group Ltd. |
10,348 | 219,731 | |||
| Suncorp-Metway Ltd. |
21,640 | 169,594 | |||
| Westpac Banking Corp. |
22,684 | 525,519 | |||
| Total Australia | 3,088,339 | ||||
| Austria – 0.8% | |||||
| Bank Austria Creditanstalt AG*(a) |
571 | — | |||
| Erste Group Bank AG(b) |
3,022 | 134,903 | |||
| Total Austria | 134,903 | ||||
| Belgium – 0.4% | |||||
| Cofinimmo |
503 | 70,230 | |||
| Finland – 1.0% | |||||
| Sampo Oyj Class A |
6,625 | 166,657 | |||
| France – 10.9% | |||||
| AXA S.A. |
9,320 | 252,026 | |||
| BNP Paribas |
2,853 | 227,695 | |||
| CNP Assurances |
1,342 | 136,586 | |||
| Credit Agricole S.A. |
15,409 | 321,633 | |||
| Fonciere Des Regions |
886 | 103,074 | |||
| Gecina S.A. |
1,267 | 150,936 | |||
| Klepierre |
2,466 | 97,701 | |||
| Societe Generale |
2,656 | 213,525 | |||
| Unibail-Rodamco SE |
898 | 186,325 | |||
| Wendel |
1,305 | 82,338 | |||
| Total France | 1,771,839 | ||||
| Germany – 6.1% | |||||
| Allianz SE |
3,684 | 459,709 | |||
| Deutsche Bank AG |
1,078 | 82,638 | |||
| Deutsche Boerse AG |
1,446 | 118,046 | |||
| Muenchener Rueckversicherungs AG |
2,039 | 324,954 | |||
| Total Germany | 985,347 | ||||
| Hong Kong – 6.5% | |||||
| Cheung Kong Holdings Ltd. |
12,000 | 152,283 | |||
| China Overseas Land & Investment Ltd.(b) |
24,320 | 52,594 | |||
| Hang Lung Properties Ltd. |
24,000 | 88,412 | |||
| Hang Seng Bank Ltd. |
17,500 | 252,224 | |||
| Henderson Land Development Co., Ltd. |
13,000 | 85,548 | |||
| Hong Kong Exchanges and Clearing Ltd. |
7,400 | 134,154 | |||
| Sun Hung Kai Properties Ltd. |
13,000 | 191,560 | |||
| Wharf Holdings Ltd. |
19,000 | 100,883 | |||
| Total Hong Kong | 1,057,658 | ||||
| Ireland – 0.0% | |||||
| FBD Holdings PLC Redemption Shares*† |
159 | — | |||
| Investments | Shares | U.S. $ Value | |||
| Italy – 3.5% | |||||
| Alleanza Assicurazioni SpA |
13,953 | $ | 125,736 | ||
| Assicurazioni Generali SpA |
2,989 | 81,832 | |||
| Banca Carige SpA |
25,117 | 74,895 | |||
| Mediobanca SpA |
13,445 | 183,555 | |||
| Unione di Banche Italiane SCPA |
6,313 | 96,799 | |||
| Total Italy | 562,817 | ||||
| Japan – 6.2% | |||||
| ACOM Co., Ltd.(b) |
2,770 | 42,756 | |||
| Bank of Yokohama Ltd. (The) |
11,000 | 54,057 | |||
| Daiwa Securities Group, Inc. |
8,000 | 41,369 | |||
| Mitsubishi Estate Co., Ltd. |
4,000 | 63,082 | |||
| Mitsubishi UFJ Financial Group, Inc. |
44,760 | 240,960 | |||
| Mitsui Fudosan Co., Ltd. |
3,000 | 50,896 | |||
| Mitsui Sumitomo Insurance Group Holdings, Inc. |
2,400 | 66,343 | |||
| Mizuho Financial Group, Inc. |
83,984 | 166,964 | |||
| Sompo Japan Insurance, Inc. |
8,000 | 53,968 | |||
| Sumitomo Mitsui Financial Group, Inc. |
2,612 | 91,311 | |||
| Sumitomo Trust & Banking Co., Ltd. (The) |
14,000 | 74,585 | |||
| Tokio Marine Holdings, Inc. |
2,400 | 69,693 | |||
| Total Japan | 1,015,984 | ||||
| Netherlands – 0.7% | |||||
| Corio N.V. |
1,548 | 106,642 | |||
| Portugal – 0.6% | |||||
| Banco Espirito Santo S.A. |
13,028 | 92,359 | |||
| Singapore – 3.6% | |||||
| CapitaLand Ltd.(b) |
27,000 | 71,282 | |||
| DBS Group Holdings Ltd. |
16,466 | 155,189 | |||
| Oversea-Chinese Banking Corp., Ltd. |
23,000 | 128,136 | |||
| Singapore Exchange Ltd. |
17,000 | 101,586 | |||
| United Overseas Bank Ltd. |
11,139 | 132,651 | |||
| Total Singapore | 588,844 | ||||
| Spain – 16.9% | |||||
| Banco Bilbao Vizcaya Argentaria S.A.(b) |
30,493 | 540,654 | |||
| Banco de Sabadell S.A.(b) |
16,939 | 125,160 | |||
| Banco Espanol de Credito S.A. |
10,953 | 149,213 | |||
| Banco Popular Espanol S.A.(b) |
15,778 | 157,979 | |||
| Banco Santander S.A.* |
86,867 | 1,396,998 | |||
| Criteria Caixacorp S.A. |
42,185 | 216,433 | |||
| Mapfre S.A.(b) |
36,078 | 161,212 | |||
| Total Spain | 2,747,649 | ||||
| Sweden – 2.5% | |||||
| Castellum AB |
6,885 | 66,459 | |||
| Nordea Bank AB |
13,262 | 133,135 | |||
| Ratos AB Class B |
2,964 | 70,785 | |||
| Svenska Handelsbanken AB Class A |
5,647 | 143,742 | |||
| Total Sweden | 414,121 | ||||
| Switzerland – 2.4% | |||||
| Credit Suisse Group AG |
1,225 | 67,882 | |||
| Zurich Financial Services AG |
1,364 | 324,026 | |||
| Total Switzerland | 391,908 | ||||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 23 |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Financial Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | ||||
| United Kingdom – 18.5% | ||||||
| Ashmore Group PLC |
18,825 | $ | 75,450 | |||
| Aviva PLC |
25,402 | 182,048 | ||||
| British Land Co. PLC |
8,413 | 63,940 | ||||
| F&C Asset Management PLC |
249 | 309 | ||||
| Friends Provident Group PLC |
2,494 | 3,319 | ||||
| HSBC Holdings PLC |
120,074 | 1,375,009 | ||||
| ICAP PLC |
8,863 | 59,918 | ||||
| Investec PLC |
11,840 | 86,728 | ||||
| Land Securities Group PLC |
8,733 | 87,295 | ||||
| Legal & General Group PLC |
75,123 | 105,490 | ||||
| Man Group PLC |
25,589 | 135,546 | ||||
| Prudential PLC |
19,520 | 187,784 | ||||
| RSA Insurance Group PLC |
52,219 | 111,745 | ||||
| Segro PLC |
19,062 | 112,039 | ||||
| Standard Chartered PLC |
12,913 | 318,460 | ||||
| Standard Life PLC |
33,540 | 117,476 | ||||
| Total United Kingdom | 3,022,556 | |||||
| TOTAL COMMON STOCKS (Cost: $15,466,906) |
16,217,853 | |||||
| RIGHTS – 0.0% | ||||||
| France – 0.0% | ||||||
| BNP Paribas, expiring 10/13/09* (Cost: $0) |
2,853 | 6,172 | ||||
| WARRANTS – 0.0% | ||||||
| Italy – 0.0% | ||||||
| Mediobanca SpA, expiring 3/18/11 (Cost: $581) |
12,805 | 909 | ||||
| TOTAL LONG-TERM INVESTMENTS (Cost: $15,467,487) |
16,224,934 | |||||
| SHORT-TERM INVESTMENT – 0.0% | ||||||
| MONEY MARKET FUND – 0.0% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(c) |
||||||
| (Cost: $3,257) | 3,257 | 3,257 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.2% | ||||||
| MONEY MARKET FUND – 4.2% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(d) |
||||||
| (Cost: $687,006)(e) | 687,006 | 687,006 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 103.7% (Cost: $16,157,750)(f) | 16,915,197 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (3.7)% |
(609,963 | ) | ||||
| NET ASSETS – 100.0% | $ | 16,305,234 | ||||
| * | Non-income producing security. |
| † | Security is being fair valued by a valuation committee under the direction of the Board of Trustees. |
| (a) | Escrow Security-additional shares issued as result of a corporate action. |
| (b) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (c) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (d) | Interest rate shown reflects yield as of September 30, 2009. |
| (e) | At September 30, 2009, the total market value of the Fund’s securities on loan was $653,780 and the total market value of the collateral held by the Fund was $687,006. |
| (f) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 24 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Health Care Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.3% | |||||
| Australia – 6.7% | |||||
| Cochlear Ltd. |
3,486 | $ | 205,392 | ||
| CSL Ltd. |
10,410 | 307,409 | |||
| Healthscope Ltd. |
45,896 | 194,021 | |||
| Primary Health Care Ltd. |
33,197 | 181,941 | |||
| Ramsay Health Care Ltd. |
16,210 | 156,938 | |||
| Sigma Pharmaceuticals Ltd. |
190,786 | 179,019 | |||
| Sonic Healthcare Ltd. |
21,171 | 265,506 | |||
| Total Australia | 1,490,226 | ||||
| Belgium – 1.6% | |||||
| UCB S.A. |
8,377 | 353,136 | |||
| Denmark – 5.3% | |||||
| Coloplast A/S Class B |
2,249 | 187,890 | |||
| H. Lundbeck A/S |
9,019 | 186,820 | |||
| Novo Nordisk A/S Class B |
9,747 | 609,528 | |||
| Novozymes A/S Class B |
2,067 | 194,296 | |||
| Total Denmark | 1,178,534 | ||||
| Finland – 1.0% | |||||
| Orion Oyj Class B |
12,326 | 227,013 | |||
| France – 10.8% | |||||
| BioMerieux |
1,740 | 191,032 | |||
| Cie Generale D’Optique Essilor International S.A. |
4,946 | 281,556 | |||
| Ipsen S.A. |
3,949 | 216,055 | |||
| Sanofi-Aventis S.A. |
23,380 | 1,713,853 | |||
| Total France | 2,402,496 | ||||
| Germany – 11.7% | |||||
| Bayer AG |
16,881 | 1,168,359 | |||
| Celesio AG |
8,557 | 235,646 | |||
| Fresenius Medical Care AG & Co. KGaA |
5,932 | 295,067 | |||
| Fresenius SE |
3,744 | 183,934 | |||
| Merck KGaA |
3,829 | 380,306 | |||
| Rhoen-Klinikum AG |
6,933 | 176,230 | |||
| Stada Arzneimittel AG |
6,488 | 177,152 | |||
| Total Germany | 2,616,694 | ||||
| Hong Kong – 0.7% | |||||
| China Pharmaceutical Group Ltd. |
282,000 | 158,647 | |||
| Italy – 0.8% | |||||
| Recordati SpA |
26,451 | 186,938 | |||
| Japan – 22.5% | |||||
| Alfresa Holdings Corp. |
3,600 | 147,160 | |||
| Astellas Pharma, Inc. |
14,200 | 585,224 | |||
| Chugai Pharmaceutical Co., Ltd. |
13,800 | 286,219 | |||
| Daiichi Sankyo Co., Ltd. |
25,900 | 536,022 | |||
| Dainippon Sumitomo Pharma Co., Ltd. |
21,100 | 230,713 | |||
| Eisai Co., Ltd.(a) |
10,700 | 403,931 | |||
| Hisamitsu Pharmaceutical Co., Inc. |
5,600 | 227,665 | |||
| Kyowa Hakko Kirin Co., Ltd. |
19,000 | 241,280 | |||
| Mediceo Paltac Holdings Co., Ltd. |
13,700 | 193,255 | |||
| Miraca Holdings, Inc. |
7,000 | 229,073 | |||
| Mitsubishi Tanabe Pharma Corp. |
20,000 | 267,382 | |||
| Investments | Shares | U.S. $ Value | ||||
| Shionogi & Co., Ltd. |
10,000 | $ | 237,337 | |||
| Suzuken Co., Ltd. |
6,100 | 211,202 | ||||
| Takeda Pharmaceutical Co., Ltd. |
23,600 | 985,804 | ||||
| Terumo Corp. |
4,100 | 226,213 | ||||
| Total Japan | 5,008,480 | |||||
| New Zealand – 0.9% | ||||||
| Fisher & Paykel Healthcare Corp., Ltd. |
85,402 | 202,638 | ||||
| Spain - 0.8% | ||||||
| Grifols S.A. |
9,033 | 171,844 | ||||
| Sweden – 1.0% | ||||||
| Getinge AB Class B |
12,991 | 217,357 | ||||
| Switzerland – 20.2% | ||||||
| Lonza Group AG |
1,663 | 181,101 | ||||
| Nobel Biocare Holding AG |
7,046 | 232,909 | ||||
| Novartis AG |
39,351 | 1,966,317 | ||||
| Roche Holding AG |
10,545 | 1,702,200 | ||||
| Sonova Holding AG |
1,978 | 199,201 | ||||
| Straumann Holding AG |
830 | 214,569 | ||||
| Total Switzerland | 4,496,297 | |||||
| United Kingdom – 15.3% | ||||||
| AstraZeneca PLC |
31,683 | 1,420,849 | ||||
| GlaxoSmithKline PLC |
89,657 | 1,763,016 | ||||
| Smith & Nephew PLC |
26,376 | 236,444 | ||||
| Total United Kingdom | 3,420,309 | |||||
| TOTAL COMMON STOCKS (Cost: $22,821,422) |
22,130,609 | |||||
| SHORT-TERM INVESTMENT – 0.0% | ||||||
| MONEY MARKET FUND – 0.0% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) |
||||||
| (Cost: $1,396) | 1,396 | 1,396 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.5% | ||||||
| MONEY MARKET FUND – 1.5% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) |
||||||
| (Cost: $336,003)(d) | 336,003 | 336,003 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 100.8% (Cost: $23,158,821)(e) | 22,468,008 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (0.8)% |
(174,274 | ) | ||||
| NET ASSETS – 100.0% | $ | 22,293,734 | ||||
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $321,698 and the total market value of the collateral held by the Fund was $336,003. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 25 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Industrial Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.6% | |||||
| Australia – 6.9% | |||||
| Amcor Ltd. |
29,515 | $ | 142,746 | ||
| Brambles Ltd. |
33,061 | 235,758 | |||
| CSR Ltd. |
54,748 | 90,838 | |||
| Leighton Holdings Ltd. |
6,955 | 222,016 | |||
| Toll Holdings Ltd. |
13,806 | 103,934 | |||
| Wesfarmers Ltd. |
22,121 | 517,161 | |||
| Total Australia | 1,312,453 | ||||
| Austria – 0.9% | |||||
| Oesterreichische Post AG |
2,995 | 82,740 | |||
| Strabag SE |
2,871 | 92,786 | |||
| Total Austria | 175,526 | ||||
| Belgium – 1.0% | |||||
| Compagnie Maritime Belge S.A. |
2,478 | 76,209 | |||
| Euronav N.V.(a) |
5,268 | 113,270 | |||
| Total Belgium | 189,479 | ||||
| Denmark – 0.4% | |||||
| D/S Norden |
2,071 | 78,072 | |||
| Finland – 2.6% | |||||
| Kone Oyj Class B |
3,680 | 135,122 | |||
| Metso Oyj |
4,288 | 120,529 | |||
| Wartsila Oyj |
3,278 | 131,190 | |||
| YIT Oyj |
6,106 | 116,116 | |||
| Total Finland | 502,957 | ||||
| France – 15.4% | |||||
| Aeroports de Paris |
409 | 36,761 | |||
| Alstom S.A. |
1,824 | 132,960 | |||
| Bourbon S.A. |
243 | 11,189 | |||
| Bouygues S.A. |
7,137 | 362,517 | |||
| Bureau Veritas S.A. |
1,574 | 88,716 | |||
| Cie de Saint-Gobain |
9,514 | 492,989 | |||
| Eiffage S.A.(a) |
1,488 | 94,700 | |||
| Legrand S.A. |
5,710 | 158,663 | |||
| Schneider Electric S.A. |
4,641 | 469,843 | |||
| Sodexo |
1,877 | 112,323 | |||
| Suez Environnement S.A. |
8,277 | 188,857 | |||
| Thales S.A. |
2,436 | 120,708 | |||
| Vallourec S.A. |
1,618 | 273,871 | |||
| Vinci S.A. |
6,958 | 393,192 | |||
| Total France | 2,937,289 | ||||
| Germany – 13.3% | |||||
| Deutsche Lufthansa AG |
14,291 | 252,968 | |||
| Deutsche Post AG |
27,540 | 515,267 | |||
| Fraport AG Frankfurt Airport Services Worldwide |
1,984 | 105,415 | |||
| Hochtief AG |
1,552 | 118,101 | |||
| MAN SE |
2,649 | 218,383 | |||
| Siemens AG |
9,554 | 883,710 | |||
| ThyssenKrupp AG |
12,951 | 445,434 | |||
| Total Germany | 2,539,278 | ||||
| Investments | Shares | U.S. $ Value | |||
| Hong Kong – 5.1% | |||||
| China Merchants Holdings International Co., Ltd. |
34,405 | $ | 114,091 | ||
| China Resources Enterprise |
36,000 | 104,748 | |||
| Hutchison Whampoa Ltd. |
50,000 | 360,965 | |||
| MTR Corp. |
30,500 | 105,864 | |||
| New World Development Ltd. |
45,000 | 96,851 | |||
| Swire Pacific Ltd. Class A |
8,500 | 99,915 | |||
| Swire Pacific Ltd. Class B |
42,500 | 92,677 | |||
| Total Hong Kong | 975,111 | ||||
| Italy – 2.7% | |||||
| Atlantia SpA |
9,708 | 235,132 | |||
| Finmeccanica SpA |
10,368 | 183,071 | |||
| Prysmian SpA |
4,996 | 93,620 | |||
| Total Italy | 511,823 | ||||
| Japan – 15.3% | |||||
| Asahi Glass Co., Ltd. |
17,000 | 137,656 | |||
| Dai Nippon Printing Co., Ltd. |
10,000 | 138,047 | |||
| Daikin Industries Ltd. |
2,300 | 82,973 | |||
| East Japan Railway Co. |
2,900 | 209,237 | |||
| Fanuc Ltd. |
1,800 | 161,836 | |||
| Hitachi Chemical Co., Ltd. |
3,600 | 73,741 | |||
| Hitachi Construction Machinery Co., Ltd. |
4,000 | 86,089 | |||
| JGC Corp. |
3,000 | 61,518 | |||
| JS Group Corp. |
5,300 | 93,232 | |||
| Kajima Corp. |
22,000 | 56,514 | |||
| Kintetsu Corp. |
15,000 | 58,134 | |||
| Komatsu Ltd. |
11,400 | 214,160 | |||
| Kubota Corp. |
13,000 | 108,460 | |||
| Mabuchi Motor Co., Ltd. |
1,300 | 66,354 | |||
| Makita Corp. |
3,200 | 101,860 | |||
| Mitsubishi Heavy Industries Ltd. |
26,000 | 98,732 | |||
| Mitsui O.S.K. Lines Ltd. |
22,000 | 130,720 | |||
| NGK Insulators Ltd. |
3,000 | 69,693 | |||
| Nippon Express Co., Ltd. |
16,000 | 65,226 | |||
| Nippon Yusen K.K. |
21,000 | 81,387 | |||
| Nitto Denko Corp. |
3,200 | 98,286 | |||
| NSK Ltd. |
13,000 | 80,873 | |||
| Panasonic Electric Works Co., Ltd. |
8,000 | 95,873 | |||
| Secom Co., Ltd. |
2,400 | 121,159 | |||
| SMC Corp. |
600 | 73,982 | |||
| Sumitomo Electric Industries Ltd. |
7,800 | 102,275 | |||
| Tokyu Corp. |
13,000 | 62,434 | |||
| Toppan Printing Co., Ltd. |
11,000 | 104,428 | |||
| Yamato Holdings Co., Ltd. |
5,000 | 82,370 | |||
| Total Japan | 2,917,249 | ||||
| Netherlands – 5.8% | |||||
| Akzo Nobel N.V. |
4,872 | 301,485 | |||
| European Aeronautic Defence and Space Co. EADS N.V. |
5,364 | 120,313 | |||
| Koninklijke Boskalis Westminster N.V. |
3,682 | 125,615 | |||
| Koninklijke Philips Electronics N.V. |
18,103 | 440,314 | |||
See Notes to Financial Statements.
| 26 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Industrial Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| TNT N.V. |
4,599 | $ | 123,288 | ||
| Total Netherlands | 1,111,015 | ||||
| New Zealand – 0.3% | |||||
| Auckland International Airport Ltd. |
50,937 | 68,537 | |||
| Norway – 0.7% | |||||
| Fred Olsen Energy ASA |
3,588 | 133,198 | |||
| Portugal – 0.8% | |||||
| Brisa Auto-Estradas de Portugal S.A. |
15,533 | 152,802 | |||
| Singapore – 5.4% | |||||
| Keppel Corp., Ltd. |
34,000 | 195,451 | |||
| SembCorp Industries Ltd. |
39,000 | 93,829 | |||
| SembCorp Marine Ltd. |
46,333 | 104,566 | |||
| SIA Engineering Co., Ltd. |
47,000 | 85,724 | |||
| Singapore Airlines Ltd. |
33,000 | 322,728 | |||
| Singapore Airport Terminal Services Ltd. |
38,170 | 61,222 | |||
| Singapore Technologies Engineering Ltd. |
83,000 | 161,989 | |||
| Total Singapore | 1,025,509 | ||||
| Spain – 6.6% | |||||
| Abertis Infraestructuras, S.A.(a) |
7,236 | 164,047 | |||
| Acciona, S.A. |
1,046 | 142,191 | |||
| ACS Actividades de Construccion y Servicios, S.A.(a) |
6,047 | 315,018 | |||
| Fomento de Construcciones y Contratas S.A. |
3,837 | 179,474 | |||
| Grupo Ferrovial, S.A.(a) |
5,387 | 257,407 | |||
| Prosegur Cia de Seguridad, S.A. |
1,848 | 73,446 | |||
| Zardoya Otis, S.A. |
6,205 | 134,506 | |||
| Total Spain | 1,266,089 | ||||
| Sweden – 7.2% | |||||
| AB Volvo Class A |
11,808 | 105,536 | |||
| AB Volvo Class B |
19,405 | 178,986 | |||
| Alfa Laval AB |
6,777 | 79,275 | |||
| Assa Abloy AB Class B |
5,046 | 81,757 | |||
| Atlas Copco AB Class A |
8,785 | 112,814 | |||
| Atlas Copco AB Class B |
9,216 | 104,775 | |||
| Sandvik AB |
19,371 | 213,299 | |||
| Scania AB Class A |
7,107 | 87,912 | |||
| Scania AB Class B |
7,043 | 87,120 | |||
| Securitas AB Class B |
9,821 | 94,518 | |||
| Skanska AB Class B |
10,375 | 151,778 | |||
| SKF AB Class B |
5,480 | 85,811 | |||
| Total Sweden | 1,383,581 | ||||
| Switzerland – 2.4% | |||||
| Geberit AG |
862 | 132,251 | |||
| Kuehne + Nagel International AG |
603 | 52,330 | |||
| Schindler Holding AG |
1,396 | 98,210 | |||
| SGS S.A. |
127 | 170,737 | |||
| Total Switzerland | 453,528 | ||||
| United Kingdom – 6.8% | |||||
| AMEC PLC |
5,899 | 71,231 | |||
| Arriva PLC |
9,147 | 73,219 | |||
| BAE Systems PLC |
52,962 | 295,789 | |||
| Balfour Beatty PLC |
13,406 | 69,040 | |||
| Investments | Shares | U.S. $ Value | ||||
| Carillion PLC |
15,237 | $ | 67,113 | |||
| Cobham PLC |
23,108 | 80,901 | ||||
| Firstgroup PLC |
13,147 | 86,987 | ||||
| G4S PLC |
25,693 | 90,649 | ||||
| IMI PLC |
13,545 | 96,964 | ||||
| Meggitt PLC |
23,448 | 87,416 | ||||
| Premier Farnell PLC |
24,975 | 59,317 | ||||
| Smiths Group PLC |
9,478 | 134,685 | ||||
| Tomkins PLC |
28,666 | 86,467 | ||||
| Total United Kingdom | 1,299,778 | |||||
| TOTAL COMMON STOCKS (Cost: $22,131,995) |
19,033,274 | |||||
| SHORT-TERM INVESTMENT – 0.0% | ||||||
| MONEY MARKET FUND – 0.0% | ||||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(b) |
||||||
| (Cost: $1,137) | 1,137 | 1,137 | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.6% | ||||||
| MONEY MARKET FUND – 2.6% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) |
||||||
| (Cost: $486,004)(d) | 486,004 | 486,004 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 102.2% (Cost: $22,619,136)(e) | 19,520,415 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (2.2)% |
(414,510 | ) | ||||
| NET ASSETS - 100.0% | $ | 19,105,905 | ||||
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $460,060 and the total market value of the collateral held by the Fund was $486,004. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 27 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Technology Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.8% | |||||
| Australia – 1.7% | |||||
| Computershare Ltd. |
16,512 | $ | 162,631 | ||
| Salmat Ltd. |
17,647 | 62,297 | |||
| Total Australia | 224,928 | ||||
| Belgium – 0.5% | |||||
| Melexis N.V. |
5,698 | 57,885 | |||
| Finland – 15.6% | |||||
| Nokia Oyj |
132,849 | 1,951,563 | |||
| Tieto Oyj |
4,780 | 95,022 | |||
| Total Finland | 2,046,585 | ||||
| France – 8.3% | |||||
| Cap Gemini S.A. |
5,962 | 311,941 | |||
| Dassault Systemes S.A. |
2,055 | 114,414 | |||
| Iliad S.A. |
346 | 38,943 | |||
| Neopost S.A. |
2,592 | 232,363 | |||
| Safran S.A. |
21,120 | 395,304 | |||
| Total France | 1,092,965 | ||||
| Germany – 9.1% | |||||
| Kontron AG |
1,613 | 19,758 | |||
| SAP AG |
20,284 | 986,723 | |||
| Software AG |
951 | 80,624 | |||
| Wincor Nixdorf AG |
1,735 | 111,611 | |||
| Total Germany | 1,198,716 | ||||
| Japan – 47.0% | |||||
| Advantest Corp. |
4,500 | 125,147 | |||
| Amano Corp. |
7,000 | 60,825 | |||
| Brother Industries Ltd. |
9,900 | 118,975 | |||
| Canon, Inc. |
42,600 | 1,727,124 | |||
| Citizen Holdings Co., Ltd. |
12,500 | 70,503 | |||
| Fujitsu Ltd. |
32,000 | 209,795 | |||
| Hamamatsu Photonics K.K. |
3,200 | 76,842 | |||
| Hirose Electric Co., Ltd. |
500 | 56,514 | |||
| Hitachi High-Technologies Corp. |
4,000 | 83,856 | |||
| HOYA CORP. |
7,000 | 165,745 | |||
| Ibiden Co., Ltd. |
1,900 | 70,877 | |||
| Itochu Techno-Solutions Corp. |
3,000 | 92,645 | |||
| Kokuyo Co., Ltd. |
5,800 | 53,184 | |||
| Konica Minolta Holdings, Inc. |
12,500 | 118,808 | |||
| Kyocera Corp. |
3,000 | 279,109 | |||
| Mitsumi Electric Co., Ltd. |
2,600 | 56,277 | |||
| Nippon Electric Glass Co., Ltd. |
5,000 | 45,736 | |||
| Nomura Research Institute Ltd. |
6,700 | 159,764 | |||
| Obic Co., Ltd. |
430 | 72,951 | |||
| Oracle Corp. |
6,654 | 297,269 | |||
| Otsuka Corp. |
1,400 | 83,967 | |||
| Panasonic Corp. |
54,700 | 808,266 | |||
| Ricoh Co., Ltd. |
23,000 | 336,003 | |||
| Seiko Epson Corp. |
4,500 | 67,650 | |||
| Softbank Corp. |
1,700 | 37,461 | |||
| TDK Corp. |
4,300 | 249,255 | |||
| Tokyo Electron Ltd. |
1,300 | 83,197 | |||
| Investments | Shares | U.S. $ Value | |||
| Trend Micro, Inc. |
6,000 | $ | 224,493 | ||
| Yahoo! Japan Corp. |
294 | 100,151 | |||
| Yamatake Corp. |
3,800 | 85,732 | |||
| Yaskawa Electric Corp. |
10,000 | 72,374 | |||
| Yokogawa Electric Corp. |
9,800 | 87,016 | |||
| Total Japan | 6,177,511 | ||||
| Netherlands – 4.3% | |||||
| ASML Holding N.V. |
5,406 | 158,829 | |||
| Exact Holding N.V. |
3,294 | 86,330 | |||
| STMicroelectronics N.V. |
34,273 | 322,574 | |||
| Total Netherlands | 567,733 | ||||
| Norway – 0.4% | |||||
| Tandberg ASA |
2,263 | 53,940 | |||
| Singapore – 1.1% | |||||
| Venture Corp., Ltd. |
23,000 | 146,744 | |||
| Spain – 1.1% | |||||
| Indra Sistemas S.A. |
5,936 | 147,850 | |||
| Sweden – 6.0% | |||||
| Telefonaktiebolaget LM Ericsson Class A |
7,340 | 72,845 | |||
| Telefonaktiebolaget LM Ericsson Class B |
71,584 | 716,572 | |||
| Total Sweden | 789,417 | ||||
| United Kingdom – 4.7% | |||||
| ARM Holdings PLC |
35,051 | 80,500 | |||
| Halma PLC |
25,880 | 89,819 | |||
| Laird PLC |
18,736 | 62,403 | |||
| Logica PLC |
77,787 | 161,856 | |||
| Sage Group PLC (The) |
59,946 | 223,771 | |||
| Total United Kingdom | 618,349 | ||||
| TOTAL COMMON STOCKS (Cost: $13,575,608) |
13,122,623 | ||||
| SHORT-TERM INVESTMENT – 0.0% | |||||
| MONEY MARKET FUND – 0.0% | |||||
| AIM Short-Term Investment Treasury Fund Private Class, 0.05%(a) |
|||||
| (Cost: $5,206) | 5,206 | 5,206 | |||
| TOTAL INVESTMENTS IN SECURITIES – 99.8% (Cost: $13,580,814)(b) |
13,127,829 | ||||
| Foreign Currency and Other Assets in Excess of Liabilities – 0.2% |
25,330 | ||||
| NET ASSETS – 100.0% | $ | 13,153,159 | |||
| (a) | Rate shown represents annualized 7-day yield as of September 30, 2009. |
| (b) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| 28 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Utilities Sector Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.6% | |||||
| Australia – 1.9% | |||||
| AGL Energy Ltd. |
26,356 | $ | 317,971 | ||
| Origin Energy Ltd. |
30,136 | 434,055 | |||
| Total Australia | 752,026 | ||||
| Austria – 1.6% | |||||
| EVN AG |
4,932 | 98,621 | |||
| Verbund – Oesterreichische Elektrizitaetswirtschafts AG Class A |
9,914 | 500,674 | |||
| Total Austria | 599,295 | ||||
| Finland – 3.2% | |||||
| Fortum Oyj |
48,425 | 1,240,115 | |||
| France – 16.9% | |||||
| Electricite de France |
45,698 | 2,707,940 | |||
| GDF Suez |
64,014 | 2,839,359 | |||
| Veolia Environnement |
25,397 | 972,246 | |||
| Total France | 6,519,545 | ||||
| Germany – 13.9% | |||||
| E.ON AG |
64,939 | 2,750,820 | |||
| RWE AG |
27,993 | 2,597,025 | |||
| Total Germany | 5,347,845 | ||||
| Hong Kong – 4.6% | |||||
| China Resources Power Holdings Co., Ltd. |
26,000 | 60,454 | |||
| CLP Holdings Ltd. |
106,322 | 721,613 | |||
| Hong Kong & China Gas Co., Ltd. |
176,360 | 445,562 | |||
| Hongkong Electric Holdings Ltd. |
101,386 | 555,984 | |||
| Total Hong Kong | 1,783,613 | ||||
| Italy – 15.0% | |||||
| A2A SpA |
244,224 | 479,427 | |||
| Edison SpA |
294,244 | 510,094 | |||
| Enel SpA |
442,354 | 2,804,579 | |||
| Hera SpA |
101,338 | 246,333 | |||
| Iride SpA |
115,364 | 225,624 | |||
| Snam Rete Gas SpA |
206,344 | 1,002,863 | |||
| Terna Rete Elettrica Nazionale SpA |
137,693 | 536,374 | |||
| Total Italy | 5,805,294 | ||||
| Japan – 12.3% | |||||
| Chubu Electric Power Co., Inc. |
22,000 | 535,656 | |||
| Chugoku Electric Power Co., Inc. (The) |
13,800 | 304,252 | |||
| Electric Power Development Co., Ltd. |
8,300 | 263,735 | |||
| Hokkaido Electric Power Co., Inc. |
12,900 | 269,137 | |||
| Hokuriku Electric Power Co. |
9,900 | 252,655 | |||
| Kansai Electric Power Co., Inc. (The) |
27,400 | 664,076 | |||
| Kyushu Electric Power Co., Inc. |
17,100 | 388,658 | |||
| Osaka Gas Co., Ltd. |
77,000 | 270,900 | |||
| Shikoku Electric Power Co., Inc. |
7,800 | 238,700 | |||
| Tohoku Electric Power Co., Inc. |
18,100 | 404,311 | |||
| Tokyo Electric Power Co., Inc. (The) |
30,300 | 796,968 | |||
| Tokyo Gas Co., Ltd. |
85,000 | 354,107 | |||
| Total Japan | 4,743,155 | ||||
| Investments | Shares | U.S. $ Value | ||||
| New Zealand – 1.0% | ||||||
| Contact Energy Ltd.* |
63,063 | $ | 262,770 | |||
| Vector Ltd. |
77,588 | 106,080 | ||||
| Total New Zealand | 368,850 | |||||
| Portugal – 2.2% | ||||||
| Energias de Portugal S.A. |
182,990 | 837,201 | ||||
| Spain – 13.7% | ||||||
| Enagas |
16,191 | 337,956 | ||||
| Gas Natural SDG S.A. |
83,342 | 1,839,497 | ||||
| Iberdrola S.A.(a) |
258,656 | 2,535,009 | ||||
| Red Electrica Corp. S.A. |
6,853 | 350,296 | ||||
| Sociedad General de Aguas de Barcelona S.A. Class A |
8,612 | 221,678 | ||||
| Total Spain | 5,284,436 | |||||
| Switzerland – 0.7% | ||||||
| BKW FMB Energie AG |
3,032 | 262,687 | ||||
| United Kingdom – 12.6% | ||||||
| Centrica PLC |
221,256 | 890,326 | ||||
| Drax Group PLC |
46,068 | 347,396 | ||||
| International Power PLC |
89,181 | 412,205 | ||||
| National Grid PLC |
128,478 | 1,241,107 | ||||
| Northumbrian Water Group PLC |
51,234 | 202,067 | ||||
| Pennon Group PLC |
27,987 | 212,883 | ||||
| Scottish & Southern Energy PLC |
42,622 | 799,605 | ||||
| Severn Trent PLC |
17,967 | 278,878 | ||||
| United Utilities Group PLC |
67,391 | 492,132 | ||||
| Total United Kingdom | 4,876,599 | |||||
| TOTAL COMMON STOCKS (Cost: $49,103,558) |
38,420,661 | |||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.5% | ||||||
| MONEY MARKET FUND – 3.5% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(b) |
||||||
| (Cost: $1,332,012)(c) | 1,332,012 | 1,332,012 | ||||
| TOTAL INVESTMENTS IN SECURITIES – 103.1% (Cost: $50,435,570)(d) |
39,752,673 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (3.1)% |
(1,187,100 | ) | ||||
| NET ASSETS – 100.0% | $ | 38,565,573 | ||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (b) | Interest rate shown reflects yield as of September 30, 2009. |
| (c) | At September 30, 2009, the total market value of the Fund’s securities on loan was $1,267,679 and the total market value of the collateral held by the Fund was $1,332,012. |
| (d) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 29 |
Table of Contents
Schedule of Investments (unaudited)
WisdomTree International Real Estate Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| COMMON STOCKS – 99.5% | |||||
| Australia – 18.5% | |||||
| Abacus Property Group |
647,825 | $ | 251,565 | ||
| Astro Japan Property Trust |
467,413 | 189,757 | |||
| Australand Property Group |
666,327 | 311,675 | |||
| CFS Retail Property Trust |
489,753 | 868,785 | |||
| Commonwealth Property Office Fund |
507,559 | 425,549 | |||
| Dexus Property Group |
1,116,488 | 832,626 | |||
| FKP Property Group(a) |
344,301 | 230,936 | |||
| GPT Group |
2,715,440 | 1,641,611 | |||
| GPT Group - In Specie*†† |
2,305,813 | — | |||
| ING Office Fund |
772,331 | 381,708 | |||
| Lend Lease Corp., Ltd. |
136,670 | 1,278,552 | |||
| Macquarie Countrywide Trust |
839,578 | 474,221 | |||
| Macquarie Office Trust |
1,731,978 | 458,567 | |||
| Stockland |
551,691 | 1,986,532 | |||
| Westfield Group |
487,323 | 5,978,210 | |||
| Total Australia | 15,310,294 | ||||
| Belgium – 0.8% | |||||
| Cofinimmo |
4,801 | 670,323 | |||
| Finland – 0.4% | |||||
| Citycon Oyj |
73,845 | 313,024 | |||
| France – 16.5% | |||||
| Fonciere Des Regions |
15,125 | 1,759,593 | |||
| Gecina S.A. |
31,986 | 3,810,445 | |||
| ICADE |
10,073 | 1,077,775 | |||
| Klepierre |
42,869 | 1,698,443 | |||
| Mercialys S.A. |
12,284 | 487,492 | |||
| Societe Immobiliere de Location pour l’Industrie et le Commerce |
4,715 | 607,453 | |||
| Unibail-Rodamco SE |
20,330 | 4,218,237 | |||
| Total France | 13,659,438 | ||||
| Germany – 0.6% | |||||
| Alstria Office REIT-AG |
20,771 | 239,245 | |||
| Deutsche Euroshop AG |
7,922 | 277,331 | |||
| Total Germany | 516,576 | ||||
| Hong Kong – 24.6% | |||||
| Champion Real Estate Investment Trust |
1,737,000 | 723,932 | |||
| Cheung Kong Holdings Ltd. |
239,238 | 3,035,988 | |||
| China Overseas Land & Investment Ltd.(b) |
256,400 | 554,482 | |||
| GZI Real Estate Investment Trust |
579,233 | 213,007 | |||
| Hang Lung Group Ltd. |
111,649 | 558,962 | |||
| Hang Lung Properties Ltd. |
433,283 | 1,596,148 | |||
| Henderson Land Development Co., Ltd. |
185,320 | 1,219,517 | |||
| Hopewell Holdings Ltd. |
121,500 | 381,743 | |||
| Hysan Development Co., Ltd. |
156,115 | 390,789 | |||
| Kowloon Development Co., Ltd. |
261,398 | 266,456 | |||
| Link REIT (The) |
368,446 | 811,051 | |||
| New World Development Ltd. |
355,125 | 764,316 | |||
| Regal Real Estate Investment Trust |
1,871,000 | 342,813 | |||
| Shenzhen Investment Ltd. |
532,000 | 205,934 | |||
| Sino Land Co. |
604,305 | 1,082,284 | |||
| Investments | Shares | U.S. $ Value | |||
| Sino-Ocean Land Holdings Ltd. |
244,000 | $ | 221,015 | ||
| Sun Hung Kai Properties Ltd. |
257,871 | 3,799,829 | |||
| Sunlight Real Estate Investment Trust |
1,099,000 | 259,504 | |||
| Swire Pacific Ltd. Class A |
111,959 | 1,316,052 | |||
| Swire Pacific Ltd. Class B |
374,798 | 817,296 | |||
| Wharf Holdings Ltd. |
299,545 | 1,590,477 | |||
| Wheelock & Co., Ltd. |
57,231 | 187,569 | |||
| Total Hong Kong | 20,339,164 | ||||
| Japan – 14.4% | |||||
| Aeon Mall Co., Ltd. |
6,696 | 139,776 | |||
| DA Office Investment Corp.(b) |
170 | 560,116 | |||
| Daito Trust Construction Co., Ltd. |
11,200 | 490,356 | |||
| Daiwa House Industry Co., Ltd. |
56,000 | 587,927 | |||
| Frontier Real Estate Investment Corp. |
41 | 318,255 | |||
| Fukuoka REIT Corp. |
44 | 257,508 | |||
| Japan Excellent, Inc. |
59 | 322,890 | |||
| Japan Logistics Fund, Inc. |
24 | 195,678 | |||
| Japan Prime Realty Investment Corp. |
184 | 448,415 | |||
| Japan Real Estate Investment Corp. |
79 | 647,635 | |||
| Japan Retail Fund Investment Corp. |
111 | 603,753 | |||
| Kenedix Realty Investment Corp. |
72 | 271,000 | |||
| MID REIT, Inc. |
103 | 231,688 | |||
| Mitsubishi Estate Co., Ltd. |
52,589 | 829,348 | |||
| Mitsui Fudosan Co., Ltd. |
47,308 | 802,601 | |||
| Mori Hills REIT Investment Corp. |
49 | 175,127 | |||
| Mori Trust Sogo REIT, Inc. |
46 | 372,480 | |||
| Nippon Accommodations Fund, Inc. |
41 | 228,503 | |||
| Nippon Building Fund, Inc. |
107 | 957,246 | |||
| Nippon Commercial Investment Corp. |
147 | 274,676 | |||
| Nippon Residential Investment Corp. |
83 | 213,954 | |||
| Nomura Real Estate Holdings, Inc. |
14,765 | 240,600 | |||
| Nomura Real Estate Office Fund, Inc. |
69 | 460,077 | |||
| Orix JREIT, Inc. |
68 | 353,158 | |||
| Premier Investment Corp. |
55 | 229,128 | |||
| Sumitomo Real Estate Sales Co., Ltd. |
3,816 | 136,811 | |||
| Sumitomo Realty & Development Co., Ltd. |
18,279 | 335,426 | |||
| Tokyo Tatemono Co., Ltd. |
41,751 | 204,710 | |||
| Tokyu Land Corp. |
45,168 | 181,106 | |||
| Tokyu REIT, Inc. |
46 | 230,167 | |||
| Top REIT, Inc. |
54 | 260,546 | |||
| United Urban Investment Corp. |
68 | 399,486 | |||
| Total Japan | 11,960,147 | ||||
| Netherlands – 4.3% | |||||
| Corio N.V. |
19,506 | 1,343,767 | |||
| Eurocommercial Properties N.V. |
11,491 | 454,510 | |||
| Nieuwe Steen Investments Funds N.V. |
19,200 | 357,824 | |||
| VastNed Offices |
13,434 | 237,601 | |||
| VastNed Retail N.V. |
7,305 | 469,713 | |||
| Wereldhave N.V. |
7,063 | 694,804 | |||
| Total Netherlands | 3,558,219 | ||||
| New Zealand – 0.9% | |||||
| AMP NZ Office Trust |
333,767 | 205,230 | |||
| Goodman Property Trust |
410,638 | 297,056 | |||
See Notes to Financial Statements.
| 30 | WisdomTree International Dividend Sector Funds |
Table of Contents
Schedule of Investments (unaudited) (concluded)
WisdomTree International Real Estate Fund
September 30, 2009
| Investments | Shares | U.S. $ Value | |||
| Kiwi Income Property Trust |
327,749 | $ | 251,319 | ||
| Total New Zealand | 753,605 | ||||
| Singapore – 8.4% | |||||
| Ascendas Real Estate Investment Trust(b) |
536,901 | 735,402 | |||
| Ascott Residence Trust |
390,000 | 267,095 | |||
| Cambridge Industrial Trust |
662,280 | 213,859 | |||
| CapitaCommercial Trust |
724,635 | 534,843 | |||
| CapitaLand Ltd. |
326,589 | 862,220 | |||
| CapitaMall Trust(b) |
690,786 | 906,961 | |||
| CDL Hospitality Trusts |
506,432 | 517,556 | |||
| City Developments Ltd. |
44,103 | 323,014 | |||
| Frasers Centrepoint Trust |
288,432 | 235,405 | |||
| Frasers Commercial Trust |
1,357,070 | 154,098 | |||
| Keppel Land Ltd. |
121,168 | 235,620 | |||
| Lippo-Mapletree Indonesia Retail Trust |
563,782 | 184,053 | |||
| Mapletree Logistics Trust |
846,285 | 462,467 | |||
| Singapore Land Ltd. |
70,544 | 271,352 | |||
| Starhill Global REIT |
593,526 | 252,734 | |||
| Suntec Real Estate Investment Trust |
793,828 | 597,181 | |||
| UOL Group Ltd. |
98,000 | 239,253 | |||
| Total Singapore | 6,993,113 | ||||
| Sweden – 1.8% | |||||
| Castellum AB |
49,168 | 474,605 | |||
| Fabege AB |
59,439 | 348,499 | |||
| Hufvudstaden AB Class A |
44,800 | 358,766 | |||
| Wihlborgs Fastigheter AB |
15,344 | 283,606 | |||
| Total Sweden | 1,465,476 | ||||
| United Kingdom – 8.3% | |||||
| British Land Co. PLC |
160,310 | 1,218,374 | |||
| Derwent London PLC |
13,580 | 264,974 | |||
| Hammerson PLC |
97,174 | 612,802 | |||
| Land Securities Group PLC |
215,815 | 2,157,273 | |||
| Segro PLC |
449,421 | 2,641,522 | |||
| Total United Kingdom | 6,894,945 | ||||
| TOTAL COMMON STOCKS (Cost: $95,893,125) |
82,434,324 | ||||
| Investments | Shares | U.S. $ Value | ||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.4% | ||||||
| MONEY MARKET FUND – 1.4% | ||||||
| Dreyfus Institutional Preferred Money Market Fund, 0.32%(c) |
||||||
| (Cost: $1,110,010)(d) | 1,110,010 | $ | 1,110,010 | |||
| TOTAL INVESTMENTS IN SECURITIES – 100.9% (Cost: $97,003,135)(e) | 83,544,334 | |||||
| Liabilities in Excess of Foreign Currency and Other Assets – (0.9)% |
(723,115 | ) | ||||
| NET ASSETS – 100.0% | $ | 82,821,219 | ||||
| * | Non-income producing security. |
| †† | Restricted security. |
| (a) | Stapled Security - A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately. |
| (b) | Security, or portion thereof, was on loan at September 30, 2009 (See Note 2). |
| (c) | Interest rate shown reflects yield as of September 30, 2009. |
| (d) | At September 30, 2009, the total market value of the Fund’s securities on loan was $1,049,611 and the total market value of the collateral held by the Fund was $1,110,010. |
| (e) | Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 31 |
Table of Contents
Statements of Assets and Liabilities (unaudited)
WisdomTree International Dividend Sector Funds
September 30, 2009
| WisdomTree International Basic Materials Sector Fund |
WisdomTree International Communications Sector Fund |
WisdomTree International Consumer Discretionary Sector Fund |
WisdomTree International Consumer Staples Sector Fund |
WisdomTree International Energy Sector Fund |
||||||||||||||||
| ASSETS: |
||||||||||||||||||||
| Investments, at cost |
$ | 47,527,634 | $ | 29,424,924 | $ | 7,191,382 | $ | 16,337,869 | $ | 46,436,181 | ||||||||||
| Foreign currency, at cost |
112,325 | 84,819 | 3,464 | 23,158 | 172,280 | |||||||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
42,012,882 | 26,219,461 | 7,732,982 | 15,256,994 | 39,773,210 | |||||||||||||||
| Foreign currency, at value |
113,357 | 85,662 | 3,510 | 23,309 | 173,001 | |||||||||||||||
| Receivables: |
||||||||||||||||||||
| Dividends and interest |
69,356 | 43,009 | 20,304 | 49,377 | 42,453 | |||||||||||||||
| Foreign tax reclaims |
32,547 | 29,883 | 1,934 | 41,333 | 9,143 | |||||||||||||||
| Total Assets |
42,228,142 | 26,378,015 | 7,758,730 | 15,371,013 | 39,997,807 | |||||||||||||||
| LIABILITIES: |
||||||||||||||||||||
| Payables: |
||||||||||||||||||||
| Investment securities purchased |
136,759 | — | — | — | — | |||||||||||||||
| Collateral for securities on loan (Note 2) |
286,003 | — | 157,001 | 179,002 | 1,015,009 | |||||||||||||||
| Advisory fees (Note 3) |
19,801 | 11,768 | 3,553 | 6,676 | 17,600 | |||||||||||||||
| Service fees (Note 2) |
150 | 89 | 27 | 51 | 134 | |||||||||||||||
| Total Liabilities |
442,713 | 11,857 | 160,581 | 185,729 | 1,032,743 | |||||||||||||||
| NET ASSETS |
$ | 41,785,429 | $ | 26,366,158 | $ | 7,598,149 | $ | 15,185,284 | $ | 38,965,064 | ||||||||||
| NET ASSETS: |
||||||||||||||||||||
| Paid-in capital |
$ | 61,733,239 | $ | 36,400,770 | $ | 8,601,965 | $ | 21,348,414 | $ | 51,990,515 | ||||||||||
| Undistributed (Distributions in excess of) net investment income |
25,710 | 25,521 | 14,829 | (119 | ) | 49,302 | ||||||||||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(14,460,900 | ) | (6,857,525 | ) | (1,560,464 | ) | (5,083,299 | ) | (6,414,217 | ) | ||||||||||
| Net unrealized appreciation (depreciation) on investments and translation of assets and liabilities
denominated in foreign |
(5,512,620 | ) | (3,202,608 | ) | 541,819 | (1,079,712 | ) | (6,660,536 | ) | |||||||||||
| NET ASSETS |
$ | 41,785,429 | $ | 26,366,158 | $ | 7,598,149 | $ | 15,185,284 | $ | 38,965,064 | ||||||||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
1,650,000 | 1,100,000 | 400,000 | 650,000 | 1,550,000 | |||||||||||||||
| Net asset value per share |
$ | 25.32 | $ | 23.97 | $ | 19.00 | $ | 23.36 | $ | 25.14 | ||||||||||
See Notes to Financial Statements.
| 32 | WisdomTree International Dividend Sector Funds |
Table of Contents
Statements of Assets and Liabilities (unaudited) (concluded)
WisdomTree International Dividend Sector Funds
September 30, 2009
| WisdomTree International Financial Sector Fund |
WisdomTree International Health Care Sector Fund |
WisdomTree International Industrial Sector Fund |
WisdomTree International Technology Sector Fund |
WisdomTree International Utilities Sector Fund |
WisdomTree International Real Estate Fund |
|||||||||||||||||||
| ASSETS: |
||||||||||||||||||||||||
| Investments, at cost |
$ | 16,157,750 | $ | 23,158,821 | $ | 22,619,136 | $ | 13,580,814 | $ | 50,435,570 | $ | 97,003,135 | ||||||||||||
| Foreign currency, at cost |
12,224 | 27,722 | 12,423 | 4,379 | 66,063 | 74,435 | ||||||||||||||||||
| Investments in securities, at value (including securities on loan) (Note 2) |
16,915,197 | 22,468,008 | 19,520,415 | 13,127,829 | 39,752,673 | 83,544,334 | ||||||||||||||||||
| Foreign currency, at value |
12,431 | 28,862 | 12,538 | 4,469 | 66,306 | 75,258 | ||||||||||||||||||
| Receivables: |
||||||||||||||||||||||||
| Dividends and interest |
58,066 | 96,345 | 42,706 | 24,582 | 83,221 | 305,266 | ||||||||||||||||||
| Foreign tax reclaims |
14,117 | 46,983 | 25,276 | 2,193 | 12,668 | 44,569 | ||||||||||||||||||
| Total Assets |
16,999,811 | 22,640,198 | 19,600,935 | 13,159,073 | 39,914,868 | 83,969,427 | ||||||||||||||||||
| LIABILITIES: |
||||||||||||||||||||||||
| Due to foreign custodian |
— | — | — | — | 383 | 317 | ||||||||||||||||||
| Payables: |
||||||||||||||||||||||||
| Collateral for securities on loan (Note 2) |
687,006 | 336,003 | 486,004 | — | 1,332,012 | 1,110,010 | ||||||||||||||||||
| Advisory fees (Note 3) |
7,514 | 10,382 | 8,958 | 5,870 | 16,773 | 37,596 | ||||||||||||||||||
| Service fees (Note 2) |
57 | 79 | 68 | 44 | 127 | 285 | ||||||||||||||||||
| Total Liabilities |
694,577 | 346,464 | 495,030 | 5,914 | 1,349,295 | 1,148,208 | ||||||||||||||||||
| NET ASSETS |
$ | 16,305,234 | $ | 22,293,734 | $ | 19,105,905 | $ | 13,153,159 | $ | 38,565,573 | $ | 82,821,219 | ||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Paid-in capital |
$ | 24,469,142 | $ | 25,733,422 | $ | 31,448,967 | $ | 15,923,318 | $ | 61,078,953 | $ | 139,337,718 | ||||||||||||
| Undistributed net investment income |
1,855 | 52,387 | 13,431 | 22,144 | 50,707 | 64,730 | ||||||||||||||||||
| Accumulated net realized loss on investments and foreign currency related transactions |
(8,924,462 | ) | (2,805,191 | ) | (9,258,856 | ) | (2,339,551 | ) | (11,881,411 | ) | (43,125,171 | ) | ||||||||||||
| Net unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
758,699 | (686,884 | ) | (3,097,637 | ) | (452,752 | ) | (10,682,676 | ) | (13,456,058 | ) | |||||||||||||
| NET ASSETS |
$ | 16,305,234 | $ | 22,293,734 | $ | 19,105,905 | $ | 13,153,159 | $ | 38,565,573 | $ | 82,821,219 | ||||||||||||
| Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) |
1,000,000 | 950,000 | 900,000 | 700,000 | 1,700,000 | 2,900,000 | ||||||||||||||||||
| Net asset value per share |
$ | 16.31 | $ | 23.47 | $ | 21.23 | $ | 18.79 | $ | 22.69 | $ | 28.56 | ||||||||||||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 33 |
Table of Contents
Statements of Operations (unaudited)
WisdomTree International Dividend Sector Funds
For the Six Months Ended September 30, 2009
| WisdomTree International Basic Materials Sector Fund |
WisdomTree International Communications Sector Fund |
WisdomTree International Consumer Discretionary Sector Fund |
WisdomTree International Consumer Staples Sector Fund |
WisdomTree International Energy Sector Fund |
||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||
| Dividends1 |
$ | 623,145 | $ | 821,728 | $ | 95,923 | $ | 261,686 | $ | 882,467 | ||||||||||
| Interest |
— | — | — | — | 8 | |||||||||||||||
| Securities lending income (Note 2) |
35,544 | 18,828 | 2,007 | 5,066 | 34,633 | |||||||||||||||
| Total investment income |
658,689 | 840,556 | 97,930 | 266,752 | 917,108 | |||||||||||||||
| EXPENSES: |
||||||||||||||||||||
| Advisory fees (Note 3) |
98,359 | 58,566 | 14,183 | 35,155 | 84,709 | |||||||||||||||
| Service fees (Note 2) |
746 | 444 | 108 | 267 | 643 | |||||||||||||||
| Total expenses |
99,105 | 59,010 | 14,291 | 35,422 | 85,352 | |||||||||||||||
| Net investment income |
559,584 | 781,546 | 83,639 | 231,330 | 831,756 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||
| Investment transactions |
(5,425,308 | ) | (1,227,680 | ) | (512,853 | ) | (432,796 | ) | (2,673,940 | ) | ||||||||||
| In-kind redemptions |
— | (291,843 | ) | — | (1,464,409 | ) | — | |||||||||||||
| Foreign currency related transactions |
12,787 | 11,397 | 2,208 | 14,715 | 22,031 | |||||||||||||||
| Net realized loss |
(5,412,521 | ) | (1,508,126 | ) | (510,645 | ) | (1,882,490 | ) | (2,651,909 | ) | ||||||||||
| Net change in unrealized appreciation (depreciation) from: |
||||||||||||||||||||
| Investment transactions |
19,307,460 | 6,323,496 | 2,226,363 | 5,694,208 | 11,043,754 | |||||||||||||||
| Translation of assets and liabilities denominated in foreign currencies |
3,409 | (590 | ) | 180 | 1,916 | 1,455 | ||||||||||||||
| Net change in unrealized appreciation |
19,310,869 | 6,322,906 | 2,226,543 | 5,696,124 | 11,045,209 | |||||||||||||||
| Net realized and unrealized gain on investments |
13,898,348 | 4,814,780 | 1,715,898 | 3,813,634 | 8,393,300 | |||||||||||||||
| NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 14,457,932 | $ | 5,596,326 | $ | 1,799,537 | $ | 4,044,964 | $ | 9,225,056 | ||||||||||
| 1 | Net of foreign withholding tax of $78,987, $96,221, $11,603, $29,160 and $111,314, respectively. |
See Notes to Financial Statements.
| 34 | WisdomTree International Dividend Sector Funds |
Table of Contents
Statements of Operations (unaudited) (concluded)
WisdomTree International Dividend Sector Funds
For the Six Months Ended September 30, 2009
| WisdomTree International Financial Sector Fund |
WisdomTree International Health Care Sector Fund |
WisdomTree International Industrial Sector Fund |
WisdomTree International Technology Sector Fund |
WisdomTree International Utilities Sector Fund |
WisdomTree International Real Estate Fund |
|||||||||||||||||||
| INVESTMENT INCOME: |
||||||||||||||||||||||||
| Dividends1 |
$ | 275,932 | $ | 281,831 | $ | 341,935 | $ | 136,599 | $ | 1,068,624 | $ | 1,595,321 | ||||||||||||
| Interest |
— | — | — | — | 10 | — | ||||||||||||||||||
| Securities lending income (Note 2) |
7,076 | 9,898 | 7,537 | 4,858 | 61,228 | 6,399 | ||||||||||||||||||
| Total investment income |
283,008 | 291,729 | 349,472 | 141,457 | 1,129,862 | 1,601,720 | ||||||||||||||||||
| EXPENSES: |
||||||||||||||||||||||||
| Advisory fees (Note 3) |
34,203 | 56,689 | 42,756 | 26,154 | 82,446 | 163,794 | ||||||||||||||||||
| Service fees (Note 2) |
260 | 430 | 324 | 198 | 625 | 1,243 | ||||||||||||||||||
| Total expenses |
34,463 | 57,119 | 43,080 | 26,352 | 83,071 | 165,037 | ||||||||||||||||||
| Net investment income |
248,545 | 234,610 | 306,392 | 115,105 | 1,046,791 | 1,436,683 | ||||||||||||||||||
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
||||||||||||||||||||||||
| Net realized gain (loss) from: |
||||||||||||||||||||||||
| Investment transactions |
(2,363,616 | ) | (1,008,278 | ) | (3,568,169 | ) | (477,266 | ) | (4,924,801 | ) | (20,493,060 | ) | ||||||||||||
| In-kind redemptions |
— | (118,217 | ) | — | — | (3,612,271 | ) | (4,943,409 | ) | |||||||||||||||
| Foreign currency related transactions |
9,650 | 8,001 | 879 | (2,198 | ) | 15,874 | 34,630 | |||||||||||||||||
| Net realized loss |
(2,353,966 | ) | (1,118,494 | ) | (3,567,290 | ) | (479,464 | ) | (8,521,198 | ) | (25,401,839 | ) | ||||||||||||
| Net change in unrealized appreciation from: |
||||||||||||||||||||||||
| Investment transactions |
8,505,852 | 6,650,911 | 9,866,338 | 3,333,335 | 15,517,663 | 53,306,235 | ||||||||||||||||||
| Translation of assets and liabilities denominated in foreign currencies |
1,840 | 5,732 | 2,618 | 741 | 1,548 | 6,757 | ||||||||||||||||||
| Net change in unrealized appreciation |
8,507,692 | 6,656,643 | 9,868,956 | 3,334,076 | 15,519,211 | 53,312,992 | ||||||||||||||||||
| Net realized and unrealized gain on investments |
6,153,726 | 5,538,149 | 6,301,666 | 2,854,612 | 6,998,013 | 27,911,153 | ||||||||||||||||||
| NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 6,402,271 | $ | 5,772,759 | $ | 6,608,058 | $ | 2,969,717 | $ | 8,044,804 | $ | 29,347,836 | ||||||||||||
| 1 | Net of foreign withholding tax of $26,921, $31,288, $40,142, $17,626, $144,850 and $170,002, respectively. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 35 |
Table of Contents
Statements of Changes in Net Assets
WisdomTree International Dividend Sector Funds
| WisdomTree International Basic Materials Sector Fund |
WisdomTree International Communications Sector Fund |
WisdomTree International Consumer Discretionary Sector Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 559,584 | $ | 1,338,674 | $ | 781,546 | $ | 1,111,794 | $ | 83,639 | $ | 115,877 | ||||||||||||
| Net realized loss on investments and foreign currency related transactions |
(5,412,521 | ) | (17,313,365 | ) | (1,508,126 | ) | (3,602,827 | ) | (510,645 | ) | (851,046 | ) | ||||||||||||
| Net change in unrealized appreciation/(depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
19,310,869 | (23,070,470 | ) | 6,322,906 | (8,363,716 | ) | 2,226,543 | (1,830,099 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
14,457,932 | (39,045,161 | ) | 5,596,326 | (10,854,749 | ) | 1,799,537 | (2,565,268 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(527,351 | ) | (2,053,360 | ) | (794,175 | ) | (1,211,790 | ) | (76,784 | ) | (137,014 | ) | ||||||||||||
| Total dividends |
(527,351 | ) | (2,053,360 | ) | (794,175 | ) | (1,211,790 | ) | (76,784 | ) | (137,014 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
5,395,320 | 7,868,329 | 4,722,871 | 18,309,854 | 3,273,445 | 4,973,804 | ||||||||||||||||||
| Cost of shares redeemed |
— | (37,817,240 | ) | (1,972,383 | ) | (17,901,471 | ) | — | (4,973,804 | ) | ||||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
5,395,320 | (29,948,911 | ) | 2,750,488 | 408,383 | 3,273,445 | — | |||||||||||||||||
| Net Increase (Decrease) in Net Assets |
19,325,901 | (71,047,432 | ) | 7,552,639 | (11,658,156 | ) | 4,996,198 | (2,702,282 | ) | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 22,459,528 | $ | 93,506,960 | $ | 18,813,519 | $ | 30,471,675 | $ | 2,601,951 | $ | 5,304,233 | ||||||||||||
| End of period |
$ | 41,785,429 | $ | 22,459,528 | $ | 26,366,158 | $ | 18,813,519 | $ | 7,598,149 | $ | 2,601,951 | ||||||||||||
| Undistributed (Distributions in excess of) net investment income included in net assets at end of period |
$ | 25,710 | $ | (6,523 | ) | $ | 25,521 | $ | 38,150 | $ | 14,829 | $ | 7,974 | |||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
1,400,000 | 2,600,000 | 1,000,000 | 1,000,000 | 200,000 | 200,000 | ||||||||||||||||||
| Shares created |
250,000 | 200,000 | 200,000 | 600,000 | 200,000 | 200,000 | ||||||||||||||||||
| Shares redeemed |
— | (1,400,000 | ) | (100,000 | ) | (600,000 | ) | — | (200,000 | ) | ||||||||||||||
| Shares outstanding, end of period |
1,650,000 | 1,400,000 | 1,100,000 | 1,000,000 | 400,000 | 200,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 36 | WisdomTree International Dividend Sector Funds |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Sector Funds
| WisdomTree International Consumer Staples Sector Fund |
WisdomTree International Energy Sector Fund |
WisdomTree International Financial Sector Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 231,330 | $ | 595,576 | $ | 831,756 | $ | 1,593,494 | $ | 248,545 | $ | 715,290 | ||||||||||||
| Net realized loss on investments and foreign currency related transactions |
(1,882,490 | ) | (2,450,013 | ) | (2,651,909 | ) | (6,188,971 | ) | (2,353,966 | ) | (6,240,436 | ) | ||||||||||||
| Net change in unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
5,696,124 | (7,097,303 | ) | 11,045,209 | (17,878,242 | ) | 8,507,692 | (5,704,803 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
4,044,964 | (8,951,740 | ) | 9,225,056 | (22,473,719 | ) | 6,402,271 | (11,229,949 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(253,229 | ) | (780,364 | ) | (799,805 | ) | (1,852,260 | ) | (248,328 | ) | (816,856 | ) | ||||||||||||
| Total dividends |
(253,229 | ) | (780,364 | ) | (799,805 | ) | (1,852,260 | ) | (248,328 | ) | (816,856 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
||||||||||||||||||||||||
| Net proceeds from sale of shares |
2,315,461 | 12,604,775 | 8,207,599 | 23,273,271 | 2,763,273 | 4,400,251 | ||||||||||||||||||
| Cost of shares redeemed |
(4,406,419 | ) | (23,076,730 | ) | — | (34,176,584 | ) | — | (4,399,586 | ) | ||||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
(2,090,958 | ) | (10,471,955 | ) | 8,207,599 | (10,903,313 | ) | 2,763,273 | 665 | |||||||||||||||
| Net Increase (Decrease) in Net Assets |
1,700,777 | (20,204,059 | ) | 16,632,850 | (35,229,292 | ) | 8,917,216 | (12,046,140 | ) | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 13,484,507 | $ | 33,688,566 | $ | 22,332,214 | $ | 57,561,506 | $ | 7,388,018 | $ | 19,434,158 | ||||||||||||
| End of period |
$ | 15,185,284 | $ | 13,484,507 | $ | 38,965,064 | $ | 22,332,214 | $ | 16,305,234 | $ | 7,388,018 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | (119 | ) | $ | 21,780 | $ | 49,302 | $ | 17,351 | $ | 1,855 | $ | 1,638 | |||||||||||
| SHARES CREATED AND REDEEMED: |
||||||||||||||||||||||||
| Shares outstanding, beginning of period |
800,000 | 1,200,000 | 1,200,000 | 1,800,000 | 800,000 | 800,000 | ||||||||||||||||||
| Shares created |
100,000 | 600,000 | 350,000 | 600,000 | 200,000 | 200,000 | ||||||||||||||||||
| Shares redeemed |
(250,000 | ) | (1,000,000 | ) | — | (1,200,000 | ) | — | (200,000 | ) | ||||||||||||||
| Shares outstanding, end of period |
650,000 | 800,000 | 1,550,000 | 1,200,000 | 1,000,000 | 800,000 | ||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 37 |
Table of Contents
Statements of Changes in Net Assets (continued)
WisdomTree International Dividend Sector Funds
| WisdomTree International Health Care Sector Fund |
WisdomTree International Industrial Sector Fund |
WisdomTree International Technology Sector Fund |
||||||||||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||||||||||
| Net investment income |
$ | 234,610 | $ | 535,128 | $ | 306,392 | $ | 1,213,570 | $ | 115,105 | $ | 136,598 | ||||||||||||
| Net realized loss on investments and foreign currency related transactions |
(1,118,494 | ) | (2,344,250 | ) | (3,567,290 | ) | (13,040,036 | ) | (479,464 | ) | (1,635,683 | ) | ||||||||||||
| Net change in unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
6,656,643 | (5,457,390 | ) | 9,868,956 | (10,469,966 | ) | 3,334,076 | (2,377,204 | ) | |||||||||||||||
| Net increase (decrease) in net assets resulting from operations |
5,772,759 | (7,266,512 | ) | 6,608,058 | (22,296,432 | ) | 2,969,717 | (3,876,289 | ) | |||||||||||||||
| DIVIDENDS: |
||||||||||||||||||||||||
| Net investment income |
(313,244 | ) | (704,426 | ) | (335,017 | ) | (1,394,860 | ) | (110,087 | ) | (157,924 | ) | ||||||||||||
| Total dividends |
(313,244 | ) | (704,426 | ) | (335,017 | ) | (1,394,860 | ) | (110,087 | ) | (157,924 | ) | ||||||||||||
| CAPITAL SHARE TRANSACTIONS: |
|
|||||||||||||||||||||||
| Net proceeds from sale of shares |
— | 13,747,633 | 1,954,780 | 5,911,137 | 4,950,021 | 4,770,546 | ||||||||||||||||||
| Cost of shares redeemed |
(888,060 | ) | (13,182,312 | ) | — | (19,743,464 | ) | — | (4,770,546 | ) | ||||||||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
(888,060 | ) | 565,321 | 1,954,780 | (13,832,327 | ) | 4,950,021 | — | ||||||||||||||||
| Net Increase (Decrease) in Net Assets |
4,571,455 | (7,405,617 | ) | 8,227,821 | (37,523,619 | ) | 7,809,651 | (4,034,213 | ) | |||||||||||||||
| NET ASSETS: |
||||||||||||||||||||||||
| Beginning of period |
$ | 17,722,279 | $ | 25,127,896 | $ | 10,878,084 | $ | 48,401,703 | $ | 5,343,508 | $ | 9,377,721 | ||||||||||||
| End of period |
$ | 22,293,734 | $ | 17,722,279 | $ | 19,105,905 | $ | 10,878,084 | $ | 13,153,159 | $ | 5,343,508 | ||||||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 52,387 | $ | 131,021 | $ | 13,431 | $ | 42,056 | $ | 22,144 | $ | 17,126 | ||||||||||||
| SHARES CREATED AND REDEEMED: |
|
|||||||||||||||||||||||
| Shares outstanding, beginning of period |
1,000,000 | 1,000,000 | 800,000 | 1,600,000 | 400,000 | 400,000 | ||||||||||||||||||
| Shares created |
— | 600,000 | 100,000 | 200,000 | 300,000 | 200,000 | ||||||||||||||||||
| Shares redeemed |
(50,000 | ) | (600,000 | ) | — | (1,000,000 | ) | — | (200,000 | ) | ||||||||||||||
| Shares outstanding, end of period |
950,000 | 1,000,000 | 900,000 | 800,000 | 700,000 | 400,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 38 | WisdomTree International Dividend Sector Funds |
Table of Contents
Statements of Changes in Net Assets (concluded)
WisdomTree International Dividend Sector Funds
| WisdomTree International Utilities Sector Fund |
WisdomTree International Real Estate Fund |
|||||||||||||||
| For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
|||||||||||||
| INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
|
|||||||||||||||
| Net investment income |
$ | 1,046,791 | $ | 2,551,271 | $ | 1,436,683 | $ | 3,889,118 | ||||||||
| Net realized loss on investments and foreign currency related transactions |
(8,521,198 | ) | (7,412,736 | ) | (25,401,839 | ) | (27,840,200 | ) | ||||||||
| Net change in unrealized appreciation (depreciation) on investments and translation of assets and liabilities denominated in foreign currencies |
15,519,211 | (22,651,867 | ) | 53,312,992 | (50,145,090 | ) | ||||||||||
| Net increase (decrease) in net assets resulting from operations |
8,044,804 | (27,513,332 | ) | 29,347,836 | (74,096,172 | ) | ||||||||||
| DIVIDENDS: |
||||||||||||||||
| Net investment income |
(1,055,351 | ) | (2,592,420 | ) | (1,592,381 | ) | (2,071,270 | ) | ||||||||
| Total dividends |
(1,055,351 | ) | (2,592,420 | ) | (1,592,381 | ) | (2,071,270 | ) | ||||||||
| CAPITAL SHARE TRANSACTIONS: |
|
|||||||||||||||
| Net proceeds from sale of shares |
9,851,705 | 12,930,102 | 20,349,806 | 27,103,803 | ||||||||||||
| Cost of shares redeemed |
(6,730,720 | ) | (32,930,600 | ) | (5,903,444 | ) | (23,279,174 | ) | ||||||||
| Net increase (decrease) in net assets resulting from capital share transactions |
3,120,985 | (20,000,498 | ) | 14,446,362 | 3,824,629 | |||||||||||
| Net Increase (Decrease) in Net Assets |
10,110,438 | (50,106,250 | ) | 42,201,817 | (72,342,813 | ) | ||||||||||
| NET ASSETS: |
||||||||||||||||
| Beginning of period |
$ | 28,455,135 | $ | 78,561,385 | $ | 40,619,402 | $ | 112,962,215 | ||||||||
| End of period |
$ | 38,565,573 | $ | 28,455,135 | $ | 82,821,219 | $ | 40,619,402 | ||||||||
| Undistributed net investment income included in net assets at end of period |
$ | 50,707 | $ | 59,267 | $ | 64,730 | $ | 220,428 | ||||||||
| SHARES CREATED AND REDEEMED: |
|
|||||||||||||||
| Shares outstanding, beginning of period |
1,600,000 | 2,400,000 | 2,400,000 | 2,700,002 | ||||||||||||
| Shares created |
450,000 | 400,000 | 800,000 | 700,000 | ||||||||||||
| Shares redeemed |
(350,000 | ) | (1,200,000 | ) | (300,000 | ) | (1,000,002 | ) | ||||||||
| Shares outstanding, end of period |
1,700,000 | 1,600,000 | 2,900,000 | 2,400,000 | ||||||||||||
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 39 |
Table of Contents
WisdomTree International Dividend Sector Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Basic Materials Sector Fund |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 16.04 | $ | 35.96 | $ | 32.03 | $ | 25.46 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.36 | 0.65 | 0.61 | 0.25 | ||||||||||||
| Net realized and unrealized gain (loss) |
9.25 | (19.29 | ) | 3.58 | 6.32 | |||||||||||
| Total from investment operations |
9.61 | (18.64 | ) | 4.19 | 6.57 | |||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.33 | ) | (1.28 | ) | (0.26 | ) | — | |||||||||
| Capital gains |
— | — | (0.00 | )3 | — | |||||||||||
| Total dividends and distributions to shareholders |
(0.33 | ) | (1.28 | ) | (0.26 | ) | — | |||||||||
| Net asset value, end of period |
$ | 25.32 | $ | 16.04 | $ | 35.96 | $ | 32.03 | ||||||||
| TOTAL RETURN4 |
60.25 | % | (52.10 | )% | 13.09 | % | 25.81 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 41,785 | $ | 22,460 | $ | 93,507 | $ | 6,406 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.58 | %5 | ||||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.88 | %5 | ||||||||
| Net investment income |
3.30 | %5 | 2.21 | % | 1.62 | % | 1.89 | %5 | ||||||||
| Portfolio turnover rate6 |
29 | % | 53 | % | 11 | % | 0 | %7 | ||||||||
| WisdomTree International Communications Sector Fund |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 18.81 | $ | 30.47 | $ | 28.97 | $ | 25.38 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.81 | 1.13 | 1.17 | 0.16 | ||||||||||||
| Net realized and unrealized gain (loss) |
5.21 | (11.58 | ) | 1.13 | 3.61 | |||||||||||
| Total from investment operations |
6.02 | (10.45 | ) | 2.30 | 3.77 | |||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.86 | ) | (1.21 | ) | (0.80 | ) | (0.18 | ) | ||||||||
| Capital gains |
— | — | (0.00 | )3 | (0.00 | )3 | ||||||||||
| Total dividends and distributions to shareholders |
(0.86 | ) | (1.21 | ) | (0.80 | ) | (0.18 | ) | ||||||||
| Net asset value, end of period |
$ | 23.97 | $ | 18.81 | $ | 30.47 | $ | 28.97 | ||||||||
| TOTAL RETURN4 |
32.74 | % | (34.87 | )% | 7.62 | % | 14.87 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 26,366 | $ | 18,814 | $ | 30,472 | $ | 23,174 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.58 | %5 | ||||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.72 | %5 | ||||||||
| Net investment income |
7.74 | %5 | 4.47 | % | 3.56 | % | 1.43 | %5 | ||||||||
| Portfolio turnover rate6 |
13 | % | 67 | % | 19 | % | 0 | %7 | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 5 | Annualized. |
| 6 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| 7 | Amount represents less than 1%. |
See Notes to Financial Statements.
| 40 | WisdomTree International Dividend Sector Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Sector Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Consumer Discretionary Sector Fund |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 13.01 | $ | 26.52 | $ | 30.44 | $ | 25.27 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.29 | 0.58 | 0.64 | 0.15 | ||||||||||||
| Net realized and unrealized gain (loss) |
6.06 | (13.40 | ) | (3.89 | ) | 5.06 | ||||||||||
| Total from investment operations |
6.35 | (12.82 | ) | (3.25 | ) | 5.21 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.36 | ) | (0.69 | ) | (0.63 | ) | (0.04 | ) | ||||||||
| Capital gains |
— | — | (0.04 | ) | (0.00 | )3 | ||||||||||
| Total dividends and distributions to shareholders |
(0.36 | ) | (0.69 | ) | (0.67 | ) | (0.04 | ) | ||||||||
| Net asset value, end of period |
$ | 19.00 | $ | 13.01 | $ | 26.52 | $ | 30.44 | ||||||||
| TOTAL RETURN4 |
49.34 | % | (48.59 | )% | (10.82 | )% | 20.63 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 7,598 | $ | 2,602 | $ | 5,304 | $ | 6,089 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.58 | %5 | ||||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.89 | %5 | ||||||||
| Net investment income |
3.42 | %5 | 3.00 | % | 2.11 | % | 1.18 | %5 | ||||||||
| Portfolio turnover rate6 |
27 | % | 46 | % | 21 | % | 3 | % | ||||||||
| WisdomTree International Consumer Staples Sector Fund |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 16.86 | $ | 28.07 | $ | 28.23 | $ | 24.89 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.38 | 0.60 | 0.66 | 0.25 | ||||||||||||
| Net realized and unrealized gain (loss) |
6.56 | (11.14 | ) | (0.31 | ) | 3.11 | ||||||||||
| Total from investment operations |
6.94 | (10.54 | ) | 0.35 | 3.36 | |||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.44 | ) | (0.67 | ) | (0.50 | ) | (0.02 | ) | ||||||||
| Capital gains |
— | — | (0.01 | ) | (0.00 | )3 | ||||||||||
| Total dividends and distributions to shareholders |
(0.44 | ) | (0.67 | ) | (0.51 | ) | (0.02 | ) | ||||||||
| Net asset value, end of period |
$ | 23.36 | $ | 16.86 | $ | 28.07 | $ | 28.23 | ||||||||
| TOTAL RETURN4 |
41.58 | % | (37.75 | )% | 1.12 | % | 13.49 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 15,185 | $ | 13,485 | $ | 33,689 | $ | 22,583 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.58 | %5 | ||||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.69 | %5 | ||||||||
| Net investment income |
3.82 | %5 | 2.62 | % | 2.30 | % | 2.08 | %5 | ||||||||
| Portfolio turnover rate6 |
16 | % | 53 | % | 8 | % | 2 | % | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 5 | Annualized. |
| 6 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 41 |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Sector Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Energy Sector Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 18.61 | $ | 31.98 | $ | 28.55 | $ | 25.44 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.63 | 1.01 | 0.79 | 0.22 | ||||||||||||
| Net realized and unrealized gain (loss) |
6.51 | (12.84 | ) | 3.18 | 2.92 | |||||||||||
| Total from investment operations |
7.14 | (11.83 | ) | 3.97 | 3.14 | |||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.61 | ) | (1.54 | ) | (0.53 | ) | (0.03 | ) | ||||||||
| Capital gains |
— | — | (0.01 | ) | — | |||||||||||
| Total dividends and distributions to shareholders |
(0.61 | ) | (1.54 | ) | (0.54 | ) | (0.03 | ) | ||||||||
| Net asset value, end of period |
$ | 25.14 | $ | 18.61 | $ | 31.98 | $ | 28.55 | ||||||||
| TOTAL RETURN3 |
38.77 | % | (37.05 | )% | 13.84 | % | 12.36 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 38,965 | $ | 22,332 | $ | 57,562 | $ | 22,840 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.58 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.69 | %4 | ||||||||
| Net investment income |
5.70 | %4 | 3.49 | % | 2.43 | % | 1.82 | %4 | ||||||||
| Portfolio turnover rate5 |
16 | % | 38 | % | 13 | % | 1 | % | ||||||||
| WisdomTree International Financial Sector Fund |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 9.24 | $ | 24.29 | $ | 27.90 | $ | 25.34 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.28 | 0.89 | 0.89 | 0.19 | ||||||||||||
| Net realized and unrealized gain (loss) |
7.06 | (14.92 | ) | (3.70 | ) | 2.42 | ||||||||||
| Total from investment operations |
7.34 | (14.03 | ) | (2.81 | ) | 2.61 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.27 | ) | (1.02 | ) | (0.74 | ) | (0.05 | ) | ||||||||
| Capital gains |
— | — | (0.06 | ) | (0.00 | )6 | ||||||||||
| Total dividends and distributions to shareholders |
(0.27 | ) | (1.02 | ) | (0.80 | ) | (0.05 | ) | ||||||||
| Net asset value, end of period |
$ | 16.31 | $ | 9.24 | $ | 24.29 | $ | 27.90 | ||||||||
| TOTAL RETURN3 |
80.12 | % | (58.33 | )% | (10.29 | )% | 10.32 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 16,305 | $ | 7,388 | $ | 19,434 | $ | 22,321 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.58 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.86 | %4 | ||||||||
| Net investment income |
4.21 | %4 | 5.35 | % | 3.24 | % | 1.98 | %4 | ||||||||
| Portfolio turnover rate5 |
34 | % | 57 | % | 15 | % | 5 | % | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| 6 | Amount represents less than $0.005. |
See Notes to Financial Statements.
| 42 | WisdomTree International Dividend Sector Funds |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Sector Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Health Care Sector Fund |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 17.72 | $ | 25.13 | $ | 26.92 | $ | 24.93 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.25 | 0.53 | 0.82 | 0.22 | ||||||||||||
| Net realized and unrealized gain (loss) |
5.83 | (7.33 | ) | (2.05 | ) | 1.78 | ||||||||||
| Total from investment operations |
6.08 | (6.80 | ) | (1.23 | ) | 2.00 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.33 | ) | (0.61 | ) | (0.55 | ) | (0.01 | ) | ||||||||
| Capital gains |
— | — | (0.01 | ) | — | |||||||||||
| Total dividends and distributions to shareholders |
(0.33 | ) | (0.61 | ) | (0.56 | ) | (0.01 | ) | ||||||||
| Net asset value, end of period |
$ | 23.47 | $ | 17.72 | $ | 25.13 | $ | 26.92 | ||||||||
| TOTAL RETURN3 |
34.60 | % | (27.28 | )% | (4.66 | )% | 8.03 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 22,294 | $ | 17,722 | $ | 25,128 | $ | 21,536 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.58 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.69 | %4 | ||||||||
| Net investment income |
2.40 | %4 | 2.44 | % | 3.05 | % | 1.81 | %4 | ||||||||
| Portfolio turnover rate5 |
15 | % | 29 | % | 4 | % | 3 | % | ||||||||
| WisdomTree International Industrial Sector Fund |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 13.60 | $ | 30.25 | $ | 31.14 | $ | 25.39 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.37 | 0.93 | 0.64 | 0.23 | ||||||||||||
| Net realized and unrealized gain (loss) |
7.67 | (16.18 | ) | (1.05 | ) | 5.54 | ||||||||||
| Total from investment operations |
8.04 | (15.25 | ) | (0.41 | ) | 5.77 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.41 | ) | (1.40 | ) | (0.45 | ) | (0.02 | ) | ||||||||
| Capital gains |
— | — | (0.03 | ) | (0.00 | )6 | ||||||||||
| Total dividends and distributions to shareholders |
(0.41 | ) | (1.40 | ) | (0.48 | ) | (0.02 | ) | ||||||||
| Net asset value, end of period |
$ | 21.23 | $ | 13.60 | $ | 30.25 | $ | 31.14 | ||||||||
| TOTAL RETURN3 |
59.94 | % | (50.94 | )% | (1.38 | )% | 22.75 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 19,106 | $ | 10,878 | $ | 48,402 | $ | 24,910 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.58 | %4 | ||||||||
| Expenses, prior to expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | % | 0.76 | %4 | ||||||||
| Net investment income |
4.16 | %4 | 3.92 | % | 1.93 | % | 1.98 | %4 | ||||||||
| Portfolio turnover rate5 |
36 | % | 43 | % | 11 | % | 1 | % | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| 6 | Amount represents less than $0.005. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 43 |
Table of Contents
Financial Highlights (continued)
WisdomTree International Dividend Sector Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Technology Sector Fund |
For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 13.36 | $ | 23.44 | $ | 26.23 | $ | 25.13 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.21 | 0.34 | 0.36 | 0.11 | ||||||||||||
| Net realized and unrealized gain (loss) |
5.43 | (10.03 | ) | (2.94 | ) | 1.02 | ||||||||||
| Total from investment operations |
5.64 | (9.69 | ) | (2.58 | ) | 1.13 | ||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.21 | ) | (0.39 | ) | (0.21 | ) | (0.03 | ) | ||||||||
| Capital gains |
— | — | (0.00 | )3 | — | |||||||||||
| Total dividends and distributions to shareholders |
(0.21 | ) | (0.39 | ) | (0.21 | ) | (0.03 | ) | ||||||||
| Net asset value, end of period |
$ | 18.79 | $ | 13.36 | $ | 23.44 | $ | 26.23 | ||||||||
| TOTAL RETURN4 |
42.50 | % | (41.44 | )% | (9.85 | )% | 4.51 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 13,153 | $ | 5,344 | $ | 9,378 | $ | 5,246 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.58 | %5 | ||||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.91 | %5 | ||||||||
| Net investment income |
2.55 | %5 | 1.82 | % | 1.28 | % | 0.87 | %5 | ||||||||
| Portfolio turnover rate6 |
20 | % | 79 | % | 14 | % | 2 | % | ||||||||
| WisdomTree International Utilities Sector Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Year Ended March 31, 2008 |
For the Period October 13, 20061 through March 31, 2007 |
||||||||||||
| Net asset value, beginning of period |
$ | 17.78 | $ | 32.73 | $ | 29.71 | $ | 24.96 | ||||||||
| Investment operations: |
||||||||||||||||
| Net investment income2 |
0.72 | 1.25 | 0.55 | 0.18 | ||||||||||||
| Net realized and unrealized gain (loss) |
4.98 | (14.74 | ) | 2.75 | 4.61 | |||||||||||
| Total from investment operations |
5.70 | (13.49 | ) | 3.30 | 4.79 | |||||||||||
| Dividends and distributions to shareholders: |
||||||||||||||||
| Net investment income |
(0.79 | ) | (1.46 | ) | (0.28 | ) | (0.04 | ) | ||||||||
| Capital gains |
— | — | (0.00 | )3 | — | |||||||||||
| Total dividends and distributions to shareholders |
(0.79 | ) | (1.46 | ) | (0.28 | ) | (0.04 | ) | ||||||||
| Net asset value, end of period |
$ | 22.69 | $ | 17.78 | $ | 32.73 | $ | 29.71 | ||||||||
| TOTAL RETURN4 |
32.60 | % | (42.00 | )% | 11.05 | % | 19.18 | % | ||||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 38,566 | $ | 28,455 | $ | 78,561 | $ | 23,768 | ||||||||
| Ratio to average net assets of: |
||||||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.58 | %5 | ||||||||
| Expenses, prior to expense reimbursements |
0.58 | %5 | 0.58 | % | 0.58 | % | 0.68 | %5 | ||||||||
| Net investment income |
7.36 | %5 | 4.53 | % | 1.62 | % | 1.38 | %5 | ||||||||
| Portfolio turnover rate6 |
21 | % | 50 | % | 13 | % | 1 | % | ||||||||
| 1 | Commencement of investment operations. |
| 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. The total return would have been lower if certain expenses had not been reimbursed by the investment adviser (Note 2). |
| 5 | Annualized. |
| 6 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| 44 | WisdomTree International Dividend Sector Funds |
Table of Contents
Financial Highlights (concluded)
WisdomTree International Dividend Funds
September 30, 2009
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International Real Estate Fund | For the Six Months Ended September 30, 2009 (unaudited) |
For the Year Ended March 31, 2009 |
For the Period June 5, 20071 through March 31, 2008 |
|||||||||
| Net asset value, beginning of period |
$ | 16.92 | $ | 41.84 | $ | 51.89 | ||||||
| Investment operations: |
||||||||||||
| Net investment income2 |
0.59 | 1.35 | 1.22 | |||||||||
| Net realized and unrealized gain (loss) |
11.72 | (25.46 | ) | (9.32 | ) | |||||||
| Total from investment operations |
12.31 | (24.11 | ) | (8.10 | ) | |||||||
| Dividends to shareholders: |
||||||||||||
| Net investment income |
(0.67 | ) | (0.81 | ) | (1.95 | ) | ||||||
| Total dividends to shareholders |
(0.67 | ) | (0.81 | ) | (1.95 | ) | ||||||
| Net asset value, end of period |
$ | 28.56 | $ | 16.92 | $ | 41.84 | ||||||
| TOTAL RETURN3 |
73.51 | % | (57.85 | )% | (15.90 | )% | ||||||
| RATIOS/SUPPLEMENTAL DATA: |
||||||||||||
| Net assets, end of period (000’s omitted) |
$ | 82,821 | $ | 40,619 | $ | 112,962 | ||||||
| Ratio to average net assets of: |
||||||||||||
| Expenses, net of expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Expenses, prior to expense reimbursements |
0.58 | %4 | 0.58 | % | 0.58 | %4 | ||||||
| Net investment income |
5.09 | %4 | 4.55 | % | 3.17 | %4 | ||||||
| Portfolio turnover rate5 |
23 | % | 35 | % | 15 | % | ||||||
| 1 | Commencement of investment operations. |
| 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. |
| 4 | Annualized. |
| 5 | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
See Notes to Financial Statements.
| WisdomTree International Dividend Sector Funds | 45 |
Table of Contents
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 pursuant to a Trust Instrument dated December 15, 2005. As of September 30, 2009, the Trust offered 51 investment funds (each a “Fund,” collectively, the “Funds”). The Funds described herein commenced operations on October 13, 2006, with the exception of the WisdomTree International Real Estate Fund, which commenced operations on June 5, 2007.
These financial statements relate only to the WisdomTree International Basic Materials Sector Fund (“International Basic Materials Sector Fund”), WisdomTree International Communications Sector Fund (“International Communications Sector Fund”), WisdomTree International Consumer Discretionary Sector Fund (“International Consumer Discretionary Sector Fund”), WisdomTree International Consumer Staples Sector Fund (“International Consumer Staples Sector Fund”), WisdomTree International Energy Sector Fund (“International Energy Sector Fund”), WisdomTree International Financial Sector Fund (“International Financial Sector Fund”), WisdomTree International Health Care Sector Fund (“International Health Care Sector Fund”), WisdomTree International Industrial Sector Fund (“International Industrial Sector Fund”), WisdomTree International Technology Sector Fund (“International Technology Sector Fund”), WisdomTree International Utilities Sector Fund (“International Utilities Sector Fund”) and WisdomTree International Real Estate Fund (“International Real Estate Fund”), together the “International Dividend Sector Funds.”
Each Fund seeks investment returns that closely correspond to the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree Investments, Inc. (“Wisdom Tree Investments”). Each Fund described herein is considered to be non-diversified.
2. SIGNIFICANT ACCOUNTING POLICIES
The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification has become 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 Codification supersedes all existing non-SEC accounting and reporting standards.
Guarantees — 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 expect the risk of loss to be remote.
Use of Estimates — The preparation of financial statements in conformity with GAAP, requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.
Investment Valuation — The Net Asset Value (“NAV”) of each Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Securities 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 or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. The Funds may rely on an independent fair valuation service in adjusting the valuations of foreign securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the highest bid and lowest ask prices. Securities for which market quotations are not readily available are valued at fair value as determined by management and in accordance with procedures approved by the Board of Trustees. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates fair value.
Fair Value Measurement — GAAP provides guidance on fair value measurements. This standard defines fair value, establishes a framework for measuring fair value in accordance with GAAP and expands disclosure about fair value measurements. Various inputs are used in determining the value of the Funds’ investments. These inputs are 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 assumption in determining the fair value of investments)
Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as
| 46 | WisdomTree International Dividend Sector Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
amended); (iii) a security whose trading has been suspended 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; (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 on which the security is traded but before the time as of which a Fund’s net asset value is computed and that may materially affect the value of the Fund’s investments). Examples of events that may be “significant events” are government actions, natural disasters, armed conflict and acts of terrorism.
The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.
The following is a summary of the inputs used as of September 30, 2009 in valuing the Fund’s assets carried at fair value:
| International Basic Materials Sector Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 41,684,590 | $ | — | $ | — | |||
| Money Market Fund |
— | 328,292 | — | ||||||
| Total |
$ | 41,684,590 | $ | 328,292 | $ | — | |||
| International Communications Sector Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 26,213,444 | $ | — | $ | — | |||
| Money Market Fund |
— | 6,017 | — | ||||||
| Total |
$ | 26,213,444 | $ | 6,017 | $ | — | |||
| International Consumer Discretionary Sector Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 7,574,549 | $ | — | $ | — | |||
| Money Market Fund |
— | 158,433 | — | ||||||
| Total |
$ | 7,574,549 | $ | 158,433 | $ | — | |||
| International Consumer Staples Sector Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 15,076,292 | $ | — | $ | — | |||
| Money Market Fund |
— | 180,702 | — | ||||||
| Total |
$ | 15,076,292 | $ | 180,702 | $ | — | |||
| International Energy Sector Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 38,748,741 | $ | — | $ | — | |||
| Money Market Fund |
— | 1,024,469 | — | ||||||
| Total |
$ | 38,748,741 | $ | 1,024,469 | $ | — | |||
| International Financial Sector Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 16,217,853 | $ | — | $ | — | |||
| Rights |
6,172 | — | |||||||
| Warrants |
— | 909 | — | ||||||
| Money Market Fund |
— | 690,263 | — | ||||||
| Total |
$ | 16,224,025 | $ | 691,172 | $ | — | |||
| WisdomTree International Dividend Sector Funds | 47 |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
| International Health Care Sector Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 22,123,718 | $ | 6,891 | $ | — | |||
| Money Market Fund |
— | 337,399 | — | ||||||
| Total |
$ | 22,123,718 | $ | 344,290 | $ | — | |||
| International Industrial Sector Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 19,033,274 | $ | — | $ | — | |||
| Money Market Fund |
— | 487,141 | — | ||||||
| Total |
$ | 19,033,274 | $ | 487,141 | $ | — | |||
| International Technology Sector Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 13,122,623 | $ | — | $ | — | |||
| Money Market Fund |
— | 5,206 | — | ||||||
| Total |
$ | 13,122,623 | $ | 5,206 | $ | — | |||
| International Utilities Sector Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 38,420,661 | $ | — | $ | — | |||
| Money Market Fund |
— | 1,332,012 | — | ||||||
| Total |
$ | 38,420,661 | $ | 1,332,012 | $ | — | |||
| International Real Estate Fund | Level 1 | Level 2 | Level 3 | ||||||
| Investments in Securities |
|||||||||
| Common Stocks |
$ | 81,971,857 | $ | 462,467 | $ | — | |||
| Money Market Fund |
— | 1,110,010 | — | ||||||
| Total |
$ | 81,971,857 | $ | 1,572,477 | $ | — | |||
Following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value:
| International Consumer Staples Sector Fund | Common Stocks | |||
| Balance as of April 1, 2009 |
$ | 31,662 | ||
| Realized gain (loss) |
(84,050 | ) | ||
| Change in unrealized appreciation (depreciation) |
52,388 | |||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
— | |||
| Balance as of September 30, 2009 |
$ | — | ||
| International Financial Sector Fund | Common Stocks | |||
| Balance as of April 1, 2009 |
$ | 2,760 | ||
| Realized gain (loss) |
(40,540 | ) | ||
| Change in unrealized appreciation (depreciation) |
37,780 | |||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
— | |||
| Balance as of September 30, 2009 |
$ | — | ||
| 48 | WisdomTree International Dividend Sector Funds |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
| International Industrial Sector Fund | Common Stocks | |||
| Balance as of April 1, 2009 |
$ | 4,371 | ||
| Realized gain (loss) |
— | |||
| Change in unrealized appreciation (depreciation) |
— | |||
| Net purchases (sales) |
— | |||
| Transfers in and/or out of Level 3 |
(4,371 | ) | ||
| Balance as of September 30, 2009 |
$ | — | ||
Derivative and Hedging Disclosure — GAAP requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The application of FAS 161 is effective for fiscal years beginning November 15, 2008 and interim periods within those fiscal years. The Funds did not invest in derivative instruments for the six months ended September 30, 2009.
Investment Transactions — 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.
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 deemed appropriate by the investment adviser. Realized and unrealized foreign exchange gains or losses on investments are included as a component of net realized and unrealized gain or loss on foreign currency transactions 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.
Investment Income — Dividend income is recognized on the ex-dividend date, net of any foreign taxes withheld. Interest income is accrued daily. The value of additional securities received as dividend payments is recorded as income and as an increase to the cost basis of such securities.
Expenses/Reimbursements — WisdomTree Asset Management (“WTAM”) has agreed to pay all expenses of the Funds, 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 each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s chief compliance officer; (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.
Pursuant to a separate contractual arrangement, WTAM has arranged for the provision of chief compliance officer (“CCO”) services to the Funds 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 service fee paid by each Fund of up to 0.0044% of each Fund’s average daily net assets. Trustees fees, which are included in Service Fees on the Statements of Operations, of $180,782 have been paid on behalf of the Funds of the Trust to the Independent Trustees for the six months ended September 30, 2009.
Currency Transactions — The Funds may enter into foreign currency forward and foreign currency futures contracts to facilitate local securities settlements or to protect against currency exposure in connection with distributions to shareholders. The Funds do not expect to engage in currency transactions for the purpose of hedging against declines in the value of a Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes.
Forward Foreign Currency Transactions — A forward foreign currency exchange contract (“forward contract”) involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A forward contract generally has no margin deposit requirement, and no commissions are charged at any stage for trades.
Risks may arise upon entering into forward 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 forward contracts are recorded for book purposes as unrealized gains or losses on forward foreign currency contracts by the Funds. Realized gains and losses on forward foreign currency contracts include net gains or losses recognized by the Funds on contracts which have matured. The Funds did not have any forward currency exchange contracts open at September 30, 2009.
Security Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. The loans are collateralized at all times by cash and/or high grade debt obligations in an amount at least equal to
| WisdomTree International Dividend Sector Funds | 49 |
Table of Contents
Notes to Financial Statements (unaudited) (continued)
102% of the market value of domestic securities loaned (105% in the case of foreign securities loaned) as determined at the close of business on the preceding business day. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. 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. The Funds retain all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults.
The securities lending income earned by the Funds is disclosed on the Statements of Operations.
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 in which a Fund may invest include short-term obligations issued by the U.S. Government, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.
Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (“the Code”). Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code. It is the policy of each Fund to pay out dividends, if any, to investors at least annually. 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 are determined in accordance with Federal income tax regulations which may differ from GAAP. 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, which exceed earnings and profit for tax purposes, are reported as a tax return of capital.
3. ADVISER FEES AND TRANSACTIONS
As investment adviser, WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM also arranges for sub-advisory, transfer agency, custody, fund administration, and all other non-distribution related services necessary for the Funds to operate. Under the Investment Advisory Agreement for each Fund, WTAM agrees to pay all expenses of the Funds, except compensation and expenses of the Independent Trustees, counsel to the Independent Trustees and the Trust’s Chief Compliance Officer, interest expenses and taxes, brokerage expenses, and other expenses connected with the execution of portfolio transactions, any distribution fees or expenses, legal fees or expenses and extraordinary expenses. Pursuant to a separate contractual arrangement, WTAM arranges for the provision of chief compliance officer (“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 of up to 0.0044%. As of October 1, 2009, WTAM provides CCO services to the Trust. The fees paid to WTAM for providing advisory services are listed below.
| Fund | Fee Rate | ||
| International Basic Materials Sector Fund |
0.58 | % | |
| International Communications Sector Fund |
0.58 | % | |
| International Consumer Discretionary Sector Fund |
0.58 | % | |
| International Consumer Staples Sector Fund |
0.58 | % | |
| International Energy Sector Fund |
0.58 | % | |
| International Financial Sector Fund |
0.58 | % | |
| International Health Care Sector Fund |
0.58 | % | |
| International Industrial Sector Fund |
0.58 | % | |
| International Technology Sector Fund |
0.58 | % | |
| International Utilities Sector Fund |
0.58 | % | |
| International Real Estate Fund |
0.58 | % |
| 50 | WisdomTree International Dividend Sector Funds |
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Notes to Financial Statements (unaudited) (continued)
Each Fund may purchase shares of an affiliated exchange traded fund(s) in secondary market transactions. For the six months ended September 30, 2009, there were no transactions in affiliated ETFs.
4. CAPITAL SHARE TRANSACTIONS
As of September 30, 2009, there was 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 designated portfolio of equity securities constituting a portfolio sampling representation of the securities included in the relevant Fund’s underlying index and an amount of cash. 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 in-kind purchases and redemptions and short-term investments) for the six months ended September 30, 2009 were as follows:
| Fund | Purchases | Sales | ||||
| International Basic Materials Sector Fund |
$ | 10,086,742 | $ | 9,656,035 | ||
| International Communications Sector Fund |
2,649,725 | 2,684,867 | ||||
| International Consumer Discretionary Sector Fund |
1,361,062 | 1,335,661 | ||||
| International Consumer Staples Sector Fund |
1,938,576 | 1,921,087 | ||||
| International Energy Sector Fund |
4,708,924 | 4,724,840 | ||||
| International Financial Sector Fund |
4,102,726 | 3,917,991 | ||||
| International Health Care Sector Fund |
2,991,059 | 3,017,706 | ||||
| International Industrial Sector Fund |
5,393,826 | 5,361,919 | ||||
| International Technology Sector Fund |
2,016,509 | 1,882,489 | ||||
| International Utilities Sector Fund |
6,137,188 | 6,134,856 | ||||
| International Real Estate Fund |
13,149,018 | 13,034,960 | ||||
For the six months ended September 30, 2009, the cost of in-kind purchases and the proceeds from in-kind redemptions were as follows:
| Fund | Purchases | Redemptions | ||||
| International Basic Materials Sector Fund |
$ | 5,345,062 | $ | — | ||
| International Communications Sector Fund |
4,707,792 | 1,877,987 | ||||
| International Consumer Discretionary Sector Fund |
3,271,421 | — | ||||
| International Consumer Staples Sector Fund |
2,308,291 | 4,376,310 | ||||
| International Energy Sector Fund |
8,125,509 | — | ||||
| International Financial Sector Fund |
2,740,986 | — | ||||
| International Health Care Sector Fund |
— | 878,323 | ||||
| International Industrial Sector Fund |
1,952,575 | — | ||||
| International Technology Sector Fund |
4,930,935 | — | ||||
| International Utilities Sector Fund |
9,777,519 | 6,640,344 | ||||
| International Real Estate Fund |
20,219,379 | 5,870,929 | ||||
Gains and losses on in-kind redemptions are not recognized at the Fund level for tax purposes.
| WisdomTree International Dividend Sector Funds | 51 |
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Notes to Financial Statements (unaudited) (concluded)
6. FEDERAL INCOME TAXES
At September 30. 2009, the cost of investments (including securities on loan) for Federal income tax purposes was substantially the same as for book purposes, as indicated below:
| Fund | Tax Cost | Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Appreciation/ (Depreciation) |
||||||||||
| International Basic Materials Sector Fund |
$ | 47,527,634 | $ | 1,366,629 | $ | (6,881,381 | ) | $ | (5,514,752 | ) | ||||
| International Communications Sector Fund |
29,424,924 | 551,259 | (3,756,722 | ) | (3,205,463 | ) | ||||||||
| International Consumer Discretionary Sector Fund |
7,191,382 | 743,452 | (201,852 | ) | 541,600 | |||||||||
| International Consumer Staples Sector Fund |
16,337,869 | 441,319 | (1,522,194 | ) | (1,080,875 | ) | ||||||||
| International Energy Sector Fund |
46,436,181 | 1,090,247 | (7,753,218 | ) | (6,662,971 | ) | ||||||||
| International Financial Sector Fund |
16,157,750 | 1,766,966 | (1,009,519 | ) | 757,447 | |||||||||
| International Health Care Sector Fund |
23,158,821 | 1,228,611 | (1,919,424 | ) | (690,813 | ) | ||||||||
| International Industrial Sector Fund |
22,619,136 | 694,770 | (3,793,491 | ) | (3,098,721 | ) | ||||||||
| International Technology Sector Fund |
13,580,814 | 621,402 | (1,074,387 | ) | (452,985 | ) | ||||||||
| International Utilities Sector Fund |
50,435,570 | 170,855 | (10,853,752 | ) | (10,682,897 | ) | ||||||||
| International Real Estate Fund |
97,003,135 | 2,851,986 | (16,310,787 | ) | (13,458,801 | ) | ||||||||
GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign taxes are provided for based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued and applied to net investment income, net realized capital gains and net unrealized appreciation, as applicable, as the income is earned or capital gains are recorded. As of and during the six months ended September 30, 2009, the Funds did not have any liabilities for unrecognized tax benefits. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Portfolios file tax returns with the U.S. Internal Revenue Service, New York, and various states. Generally, each of the tax years in the three year period ended March 31, 2009, remains subject to examination by taxing authorities.
7. SUBSEQUENT EVENT
In accordance with GAAP provisions, management of the Funds has evaluated the possibility of subsequent events existing in the Funds’ financial statements through November 27, 2009. Management has determined that there are no material events that would require disclosure in the Funds’ financial statements through this date.
| 52 | WisdomTree International Dividend Sector Funds |
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General Information (unaudited)
Proxy Voting Policies, Procedures and Record
A complete copy of the Proxy Voting Policy may be obtained by calling 866-909-9473; or writing to: WisdomTree Trust, c/o ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203.
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 Securities and Exchange Commission (“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 866-909-9473 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 are required to file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters on Form N-Q. Copies of the filings are available, without charge, upon request on the SEC’s website at www.sec.gov, and are also available by calling the Trust at 1-866-909-WISE. You can also obtain copies of Form N-Q by (i) visiting the SEC’s Public Reference Room in Washington, DC (information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330). (ii) sending your request and a duplicating fee to the SEC’s Public Reference Room, Washington, DC 20549-0102 or (iii) sending your request electronically to publicinfosec.gov.
Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.
The Fund’s 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.
| WisdomTree International Dividend Sector Funds | 53 |
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The WisdomTree Family of Funds
The following is a list of WisdomTree Funds being offered, along with their respective ticker symbols as of September 30, 2009:
| WisdomTree Domestic Dividend Funds
WisdomTree Total Dividend Fund (DTD)
WisdomTree Equity Income Fund (DHS)
WisdomTree LargeCap Dividend Fund (DLN)
WisdomTree Dividend ex-Financials Fund (DTN)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
WisdomTree International Dividend Funds
WisdomTree DEFA Fund (DWM)
WisdomTree DEFA Equity Income Fund (DTH)
WisdomTree Europe Total Dividend Fund (DEB)
WisdomTree Global Equity Income Fund (DEW)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Japan Total Dividend Fund (DXJ)
WisdomTree World ex-U.S. Growth Fund (DNL)
WisdomTree Japan SmallCap Dividend Fund (DFJ)
WisdomTree Pacific ex-Japan Total Dividend Fund (DND)
WisdomTree Pacific ex-Japan Equity Income Fund (DNH)
WisdomTree International LargeCap Dividend Fund (DOL)
WisdomTree International Dividend ex-Financials Fund (DOO)
WisdomTree International MidCap Dividend Fund (DIM)
WisdomTree International SmallCap Dividend Fund (DLS)
WisdomTree Emerging Markets Equity Income Fund (DEM)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Middle East Dividend Fund (GULF) |
WisdomTree International Dividend Sector Funds
WisdomTree International Basic Materials Sector Fund (DBN)
WisdomTree International Communications Sector Fund (DGG)
WisdomTree International Consumer Discretionary Sector Fund (DPC)
WisdomTree International Consumer Staples Sector Fund (DPN)
WisdomTree International Energy Sector Fund (DKA)
WisdomTree International Financial Sector Fund (DRF)
WisdomTree International Health Care Sector Fund (DBR)
WisdomTree International Industrial Sector Fund (DDI)
WisdomTree International Technology Sector Fund (DBT)
WisdomTree International Utilities Sector Fund (DBU)
WisdomTree International Real Estate Fund (DRW)
WisdomTree Domestic and International Earnings Funds
WisdomTree Total Earnings Fund (EXT)
WisdomTree Earnings 500 Fund (EPS)
WisdomTree MidCap Earnings Fund (EZM)
WisdomTree SmallCap Earnings Fund (EES)
WisdomTree Earnings Top 100 Fund (EEZ)
WisdomTree LargeCap Value Fund (EZY)
WisdomTree LargeCap Growth Fund (ROI)
WisdomTree India Earnings Fund (EPI)
WisdomTree Currency Income Funds
WisdomTree U.S. Short-Term Government Income Fund (USY)
WisdomTree Dreyfus Brazilian Real Fund (BZF)
WisdomTree Dreyfus Chinese Yuan Fund (CYB)
WisdomTree Dreyfus Emerging Currency Fund (CEW)
WisdomTree Dreyfus Euro Fund (EU)
WisdomTree Dreyfus Indian Rupee Fund (ICN)
WisdomTree Dreyfus Japanese Yen Fund (JYF)
WisdomTree Dreyfus New Zealand Dollar Fund (BNZ)
WisdomTree Dreyfus South African Rand Fund (SZR) |
The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission (“SEC”) as series of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc., serves as the investment adviser to the WisdomTree Trust. None of the WisdomTree entities are affiliated with ALPS Distributors, Inc., the Funds’ distributor. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other information, is available at www.wisdomtree.com, or by calling 1-866-909-WISE (9473). Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Past performance does not guarantee future results. Indexes are unmanaged and you can not invest directly in an index.
There are risks associated with investing including possible loss of principal. In addition to the normal risks of investing, 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 increase the impact of events and developments associated with the region which can adversely affect performance. Funds focusing on a single country, sector and/or smaller companies generally experience greater price volatility. Investments in emerging frontier markets are generally less liquid and less efficient than developed markets. Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk and the effect of varied economic conditions. Derivatives can be volatile and may be less liquid than other securities. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting issuers. Unlike typical exchange-traded funds, there are no indexes that the currency funds attempt to track or replicate. Thus, the ability of the currency Funds to achieve their objectives will depend on the effectiveness of the portfolio manager. Please read the Fund’s prospectus for specific details regarding each Fund’s risk profile. 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 in large amounts of 50,000 shares or more.
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WisdomTree Trust
380 Madison Avenue, 21st Floor
New York, NY 10017
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WisdomTree International Dividend Sector ETFs
WisdomTree International Basic Materials Sector Fund
WisdomTree International Communications Sector Fund
WisdomTree International Consumer Discretionary Sector Fund
WisdomTree International Consumer Staples Sector Fund
WisdomTree International Energy Sector Fund
WisdomTree International Financial Sector Fund
WisdomTree International Health Care Sector Fund
WisdomTree International Industrial Sector Fund
WisdomTree International Technology Sector Fund
WisdomTree International Utilities Sector Fund
WisdomTree International Real Estate Fund
WisdomTree Fund shares are distributed by ALPS Distributors, Inc.
WIS002175 (11/2010)
Table of Contents
| Item 2. | Code of Ethics. |
Not applicable.
| Item 3. | Audit Committee Financial Expert. |
Not applicable.
| Item 4. | Principal Accountant Fees and Services. |
Not applicable.
| Item 5. | Audit Committee of Listed Registrants. |
Not applicable.
| Item 6. | Schedule of Investments. |
The schedule is included as part of the report to shareholders filed under Item 1 of this form.
| Item 7. | Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. |
Not applicable.
| Item 8. | Portfolio Managers of Closed-End Management Investment Companies. |
Not applicable.
| Item 9. | Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers. |
Not applicable.
| Item 10. | Submission of Matters to a Vote of Security Holders. |
Not applicable.
| Item 11. | Controls and Procedures. |
(a) Based on their evaluation of the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) as of a date within 90 days prior to the filing date of this report, the President and Treasurer of the Registrant have concluded that such disclosure controls and procedures are reasonably designed and effective to ensure that material information relating to the Registrant, is made known to them by others within those entities.
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(b) There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30 a-3(d) under the Investment Company Act of 1940) that occurred during the Registrant’s second fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
| Item 12. | Exhibits. |
| (a)(1) | Not applicable. | |
| (a)(2) | Certification of each principal executive officer and principal financial officer of the Registrant as required by Rule 30a-2 under the Act (17 CFR 270.30a-2) is attached hereto as a part of EX-99.CERT. | |
| (a)(3) | Not applicable. | |
| (b) | Certification of each principal executive officer and principal financial officer of the Registrant as required by Section 906 of the Sarbanes-Oxley Act of 2002 is attached hereto as a part of EX-99.906CERT. | |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
WisdomTree Trust
| By: | /s/ JONATHAN L. STEINBERG | |
| Name: | Jonathan L. Steinberg | |
| Title: | President |
Date: December 9, 2009
| By: | /s/ AMIT MUNI | |
| Name: | Amit Muni | |
| Title: | Treasurer |
Date: December 9, 2009
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
| By: | /s/ JONATHAN L. STEINBERG | |
| Name: | Jonathan L. Steinberg | |
| Title: | President |
Date: December 9, 2009
| By: | /s/ AMIT MUNI | |
| Name: | Amit Muni | |
| Title: | Treasurer |
Date: December 9, 2009