N-Q 1 w148267.txt SCHEDULE OF INVESTMENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-21864 ------------------------------------------- WisdomTree Trust -------------------------------------------------------------------------------- (Exact name of Registrant as specified in charter) 48 Wall Street, 11th Floor New York, NY 10005 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) Marc J. Ruskin 48 Wall Street, 11th Floor New York, NY 10005 -------------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 1-212-918-4580 Date of fiscal year end: 3/31 ------ Date of reporting period: 6/30/06 ------- Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (ss.ss. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles. A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q 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 the 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. ss. 3507. Item 1. Schedule of Investments. ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.9% Consumer Discretionary - 6.4% Abercrombie & Fitch Co. Class A 110 $ 6,097 Advance Auto Parts, Inc. 170 4,913 American Eagle Outfitters, Inc. 200 6,808 Barnes & Noble, Inc. 170 6,205 Beazer Homes USA, Inc. 140 6,422 Belo Corp. Class A 370 5,772 Best Buy Co., Inc. 280 15,355 Black & Decker Corp. (The) 130 10,980 BorgWarner Inc. 100 6,510 Boyd Gaming Corp. 150 6,054 Brinker International, Inc. 170 6,171 Brunswick Corp. 180 5,985 CBS Corp. Class A 240 6,494 CBS Corp. Class B 1,890 51,124 Centex Corp. 140 7,042 Choice Hotels International, Inc. 120 7,272 Circuit City Stores, Inc. 220 5,988 Citadel Broadcasting Corp. 730 6,497 Claire's Stores, Inc. 240 6,122 Clear Channel Communications, Inc. 1,340 41,473 D.R. Horton, Inc. 370 8,813 Darden Restaurants, Inc. 180 7,092 Dillard's Inc. Class A 220 7,007 Dollar General Corp. 420 5,872 Dow Jones & Co., Inc. 190 6,652 E.W. Scripps Co. (The) Class A 130 5,608 Eastman Kodak Co. 500 11,890 Family Dollar Stores, Inc. 260 6,352 Federated Department Stores, Inc. 770 28,182 Foot Locker, Inc. 260 6,367 Ford Motor Co. 9,040 62,647 Fortune Brands, Inc. 260 18,463 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Gannett Co., Inc. 460 $ 25,728 Gap, Inc. (The) 1,460 25,404 General Motors Corp. 2,660 79,241 Gentex Corp. 440 6,160 Genuine Parts Co. 530 22,080 GTECH Holdings Corp. 180 6,260 H&R Block, Inc. 760 18,134 Harley-Davidson, Inc. 370 20,309 Harrah's Entertainment, Inc. 340 24,201 Harte-Hanks, Inc. 240 6,154 Hasbro, Inc. 400 7,244 Hilton Hotels Corp. 240 6,787 Home Depot, Inc. 3,010 107,728 International Game Technology 470 17,832 International Speedway Corp. Class A 130 6,028 JC Penney Co., Inc. 270 18,228 John Wiley & Sons, Inc. Class A 180 5,976 Johnson Controls, Inc. 280 23,022 Jones Apparel Group, Inc. 190 6,040 KB Home 140 6,419 Leggett & Platt, Inc. 480 11,990 Lennar Corp. Class A 140 6,212 Limited Brands, Inc. 970 24,822 Liz Claiborne, Inc. 170 6,300 Lowe's Cos., Inc. 290 17,594 Marriott International Inc. Class A 240 9,149 Mattel, Inc. 1,070 17,666 McClatchy Co. Class A 221 8,866 McDonald's Corp. 2,450 82,320 McGraw-Hill Cos., Inc. (The) 460 23,106 MDC Holdings, Inc. 120 6,232 Men's Wearhouse, Inc. (The) 190 5,757 Meredith Corp. 130 6,440 Michaels Stores, Inc. 160 6,598 See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- New York Times Co. Class A 370 $ 9,080 Newell Rubbermaid, Inc. 920 23,764 News Corp. Class A 1,580 30,304 News Corp. Class B 590 11,906 Nike Inc. Class B 280 22,680 Nordstrom, Inc. 280 10,220 OfficeMax, Inc. 150 6,112 Omnicom Group, Inc. 210 18,709 OSI Restaurant Partners, Inc. 170 5,882 PetSmart, Inc. 230 5,888 Polaris Industries, Inc. 140 6,062 Polo Ralph Lauren Corp. 110 6,039 Pool Corp. 150 6,544 Pulte Homes, Inc. 230 6,622 RadioShack Corp. 420 5,880 Regal Entertainment Group Class A 410 8,331 Ross Stores, Inc. 230 6,451 Ryland Group, Inc. (The) 150 6,535 Service Corp. International 780 6,349 ServiceMaster Co. (The) 980 10,123 Sherwin-Williams Co. (The) 270 12,820 Snap-On, Inc. 160 6,467 Standard-Pacific Corp. 250 6,425 Stanley Works (The) 190 8,972 Staples, Inc. 630 15,322 Station Casinos, Inc. 90 6,127 Target Corp. 680 33,232 Thor Industries, Inc. 140 6,783 Tiffany & Co. 190 6,274 Time Warner, Inc. 5,280 91,344 TJX Cos., Inc. 440 10,058 Tribune Co. 800 25,944 United Auto Group, Inc. 300 6,405 VF Corp. 220 14,942 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Walt Disney Co. (The) 1,870 $ 56,100 Warner Music Group Corp. 350 10,318 Weight Watchers International, Inc. 150 6,133 Wendy's International, Inc. 120 6,995 Whirlpool Corp. 140 11,571 Yum! Brands, Inc. 260 13,070 ----------- Total Consumer Discretionary 1,635,039 ----------- Consumer Staples - 11.7% Alberto-Culver Co. 130 6,334 Altria Group, Inc. 9,450 693,913 Anheuser-Busch Cos., Inc. 1,960 89,356 Archer-Daniels-Midland Co. 780 32,198 Avon Products, Inc. 1,010 31,310 Brown-Forman Corp. Class A 80 5,744 Brown-Forman Corp. Class B 90 6,430 Campbell Soup Co. 910 33,770 Church & Dwight Co., Inc. 170 6,191 Clorox Co. (The) 290 17,681 Coca-Cola Co. (The) 7,040 302,861 Coca-Cola Enterprises, Inc. 560 11,407 Colgate-Palmolive Co. 1,160 69,484 ConAgra Foods, Inc. 1,750 38,692 Corn Products International, Inc. 250 7,650 Costco Wholesale Corp. 400 22,852 CVS Corp. 420 12,894 Del Monte Foods Co. 540 6,064 Estee Lauder Cos., Inc. (The) Class A 160 6,187 Flowers Foods, Inc. 210 6,014 General Mills, Inc. 960 49,594 H.J. Heinz Co. Ltd. 1,060 43,693 Hershey Co. (The) 330 18,173 Hormel Foods Corp. 230 8,542 JM Smucker Co. (The) 160 7,152 Kellogg Co. 1,020 49,399 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Kimberly-Clark Corp. 1,560 $ 96,252 Kraft Foods, Inc. Class A 1,480 45,732 Kroger Co. (The) 930 20,330 Loews Corp./Carolina Group 300 15,411 Longs Drug Stores Corp. 140 6,387 McCormick & Co., Inc. 250 8,387 Molson Coors Brewing Co. Class B 120 8,146 Pepsi Bottling Group, Inc. 340 10,931 PepsiAmericas, Inc. 290 6,412 PepsiCo, Inc. 2,990 179,520 Pilgrim's Pride Corp. 240 6,192 Procter & Gamble Co. 7,100 394,760 Reynolds American, Inc. 700 80,710 Safeway, Inc. 360 9,360 Sara Lee Corp. 3,360 53,827 Seaboard Corp. 10 12,800 Supervalu, Inc. 480 14,736 SYSCO Corp. 1,310 40,034 Tyson Foods, Inc. Class A 410 6,093 UST, Inc. 890 40,219 Vector Group Ltd. 420 6,825 Walgreen Co. 620 27,801 Wal-Mart Stores, Inc. 5,920 285,166 Whole Foods Market, Inc. 120 7,757 WM. Wrigley Jr. Co. 470 21,319 ----------- Total Consumer Staples 2,988,692 ----------- Energy - 7.5% Anadarko Petroleum Corp. 330 15,738 Apache Corp. 200 13,650 Arch Coal, Inc. 150 6,355 Baker Hughes, Inc. 260 21,281 BJ Services Co. 190 7,079 Chesapeake Energy Corp. 240 7,260 Chevron Corp. 6,940 430,696 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- ConocoPhillips 3,440 $ 225,423 Consol Energy, Inc. 160 7,475 Devon Energy Corp. 320 19,331 Diamond Offshore Drilling, Inc. 80 6,714 El Paso Corp. 880 13,200 ENSCO International, Inc. 140 6,443 EOG Resources, Inc. 100 6,934 Exxon Mobil Corp. 12,890 790,801 Halliburton Co. 420 31,168 Hess Corp. 230 12,155 Kerr-McGee Corp. 120 8,322 Kinder Morgan, Inc. 500 49,945 Marathon Oil Corp. 640 53,312 Murphy Oil Corp. 170 9,496 Noble Energy, Inc. 150 7,029 Occidental Petroleum Corp. 670 68,708 Patterson-UTI Energy, Inc. 230 6,511 Peabody Energy Corp. 120 6,690 Pioneer Natural Resources Co. 160 7,426 Smith International, Inc. 170 7,560 Sunoco, Inc. 170 11,779 Tesoro Corp. 100 7,436 Valero Energy Corp. 250 16,630 Williams Cos., Inc. 840 19,622 XTO Energy, Inc. 260 11,510 ----------- Total Energy 1,913,679 ----------- Financials - 33.4% 21st Century Insurance Group 430 6,192 Aames Investment Corp. 1,480 7,385 Advance America Cash Advance Centers, Inc. 420 7,367 Advanta Corp. Class B 170 6,111 Aflac, Inc. 580 26,883 AG Edwards, Inc. 120 6,638 Alabama National Bancorp. 90 6,133 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Alexandria Real Estate Equities, Inc. 70 $ 6,208 Alfa Corp. 390 6,458 Allstate Corp. (The) 1,740 95,230 AMB Property Corp. 290 14,660 AMBAC Financial Group, Inc. 80 6,488 American Capital Strategies Ltd. 1,160 38,837 American Express Co. 1,130 60,139 American Financial Group, Inc. 150 6,435 American Financial Realty Trust 1,200 11,616 American Home Mortgage Investment Corp. 580 21,379 American International Group, Inc. 2,360 139,358 American National Insurance Co. 70 9,080 Ameriprise Financial, Inc. 240 10,721 AmerUs Group Co. 110 6,441 AmSouth Bancorp. 1,330 35,179 Annaly Mortgage Management, Inc. 490 6,277 Anthracite Capital, Inc. 590 7,174 AON Corp. 460 16,017 Apartment Investment & Management Co. Class A 490 21,291 Apollo Investment Corp. 800 14,784 Archstone-Smith Trust 760 38,661 Arthur J. Gallagher & Co. 410 10,389 Associated Banc-Corp 430 13,558 Assurant, Inc. 130 6,292 Astoria Financial Corp. 320 9,744 AvalonBay Communities, Inc. 210 23,230 BancorpSouth, Inc. 250 6,813 Bank of America Corp. 20,500 986,050 Bank of Hawaii Corp. 140 6,944 Bank of New York Co., Inc. (The) 1,800 57,960 BankUnited Financial Corp. Class A 200 6,104 BB&T Corp. 2,120 88,171 Bear Stearns Cos., Inc. (The) 100 14,008 BioMed Realty Trust, Inc. 220 6,587 See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- BlackRock, Inc. Class A 50 $ 6,959 BOK Financial Corp. 130 6,457 Boston Private Financial Holdings, Inc. 210 5,859 Boston Properties, Inc. 330 29,832 Brandywine Realty Trust 480 15,442 BRE Properties, Inc. Class A 190 10,450 Brown & Brown, Inc. 210 6,136 Camden Property Trust 190 13,975 Capital One Financial Corp. 80 6,836 CapitalSource, Inc. 1,350 31,671 Capitol Federal Financial 460 15,773 Cathay General Bancorp 170 6,185 CBL & Associates Properties, Inc. 270 10,511 Central Pacific Financial Corp. 160 6,192 Charles Schwab Corp. (The) 750 11,985 Chicago Mercantile Exchange Holdings, Inc. 20 9,823 Chittenden Corp. 230 5,946 Chubb Corp. (The) 870 43,413 Cincinnati Financial Corp. 550 25,856 CIT Group, Inc. 300 15,687 Citigroup, Inc. 20,800 1,003,392 Citizens Banking Corp. 230 5,614 City National Corp. 100 6,509 Colonial BancGroup, Inc. (The) 420 10,786 Colonial Properties Trust 240 11,856 Comerica, Inc. 670 34,833 Commerce Bancorp, Inc. 240 8,561 Commerce Bancshares, Inc. 130 6,507 Commerce Group, Inc. 220 6,499 Compass Bancshares, Inc. 390 21,684 Corporate Office Properties Trust 150 6,312 Corus Bankshares, Inc. 230 6,021 Countrywide Financial Corp. 990 37,699 Cousins Properties, Inc. 220 6,805 See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Crescent Real Estate Equities Co. 730 $ 13,549 Cullen/Frost Bankers, Inc. 120 6,876 CVB Financial Corp. 390 6,107 Delphi Financial Group, Inc. Class A 180 6,545 Developers Diversified Realty Corp. 470 24,525 DiamondRock Hospitality Co. 410 6,072 Downey Financial Corp. 90 6,107 Duke Realty Corp. 670 23,551 East West Bancorp, Inc. 160 6,066 EastGroup Properties, Inc. 140 6,535 Eaton Vance Corp. 240 5,990 Entertainment Properties Trust 170 7,319 Equity Lifestyle Properties, Inc. 140 6,136 Equity Office Properties Trust 1,460 53,305 Equity One, Inc. 370 7,733 Equity Residential 1,100 49,203 Erie Indemnity Co. Class A 160 8,320 Essex Property Trust, Inc. 70 7,816 Federal Realty Investment Trust 160 11,200 Federated Investors, Inc. Class B 190 5,985 FelCor Lodging Trust, Inc. 300 6,522 Fidelity National Financial, Inc. 490 19,086 Fidelity National Title Group, Inc. Class A 300 5,901 Fieldstone Investment Corp. 800 7,328 Fifth Third Bancorp 2,150 79,443 First American Corp. 180 7,609 First Citizens BancShares, Inc. Class A 30 6,015 First Community Bancorp 110 6,499 First Horizon National Corp. 540 21,708 First Industrial Realty Trust, Inc. 290 11,003 First Marblehead Corp. (The) 140 7,972 First Midwest Bancorp, Inc. 170 6,304 First Niagara Financial Group, Inc. 440 6,169 First Republic Bank 140 6,412 See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- FirstMerit Corp. 360 $ 7,538 Flagstar Bancorp, Inc. 390 6,224 Forest City Enterprises, Inc. Class A 140 6,987 Forest City Enterprises, Inc. Class B 140 6,968 Franklin Resources, Inc. 130 11,285 Franklin Street Properties Corp. 350 6,888 Freddie Mac 2,130 121,431 Fremont General Corp. 310 5,754 Friedman Billings Ramsey Group, Inc. Class A 1,370 15,029 Frontier Financial Corp. 180 6,118 Fulton Financial Corp. 590 9,393 GAMCO Investors, Inc. Class A 170 6,249 General Growth Properties, Inc. 800 36,048 Genworth Financial, Inc. Class A 410 14,284 Glimcher Realty Trust 250 6,203 Global Signal, Inc. 290 13,433 Golden West Financial Corp. 140 10,388 Goldman Sachs Group, Inc. 390 58,668 Greater Bay Bancorp 210 6,038 Greenhill & Co., Inc. 110 6,684 Hancock Holding Co. 110 6,160 Hartford Financial Services Group, Inc. (The) 610 51,606 HCC Insurance Holdings, Inc. 210 6,182 Health Care Property Investors, Inc. 820 21,927 Health Care REIT, Inc. 380 13,281 Healthcare Realty Trust, Inc. 330 10,511 Heritage Property Investment Trust, Inc. 250 8,730 Highwoods Properties, Inc. 270 9,769 Hilb Rogal & Hobbs Co. 160 5,963 Home Properties, Inc. 160 8,882 Hospitality Properties Trust 480 21,082 Host Hotels & Resorts, Inc. 1,010 22,089 HRPT Properties Trust 1,500 17,340 Hudson City Bancorp, Inc. 1,320 17,596 See Notes to Schedule of Investments. 10 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Huntington Bancshares, Inc. 1,030 $ 24,287 IMPAC Mortgage Holdings, Inc. 790 8,832 IndyMac Bancorp, Inc. 280 12,838 International Bancshares Corp. 210 5,771 International Securities Exchange, Inc. 170 6,472 Investors Financial Services Corp. 140 6,286 iStar Financial, Inc. 910 34,353 Janus Capital Group, Inc. 340 6,086 Jefferies Group, Inc. 230 6,815 Jones Lang LaSalle, Inc. 80 7,004 JPMorgan Chase & Co. 11,420 479,640 Kearny Financial Corp. 440 6,512 KeyCorp 1,520 54,234 Kilroy Realty Corp. 90 6,503 Kimco Realty Corp. 740 27,003 KKR Financial Corp. 580 12,070 LandAmerica Financial Group, Inc. 100 6,460 LaSalle Hotel Properties 150 6,945 Legg Mason, Inc. 70 6,966 Lehman Brothers Holdings, Inc. 350 22,803 Leucadia National Corp. 200 5,838 Lexington Corporate Properties Trust 370 7,992 Liberty Property Trust 460 20,332 Lincoln National Corp. 930 52,489 Loews Corp. 330 11,699 Longview Fibre Co. 250 4,773 M&T Bank Corp. 170 20,046 Macerich Co. (The) 260 18,252 Mack-Cali Realty Corp. 320 14,694 MAF Bancorp, Inc. 150 6,426 Maguire Properties, Inc. 200 7,034 Marsh & McLennan Cos., Inc. 1,270 34,150 Marshall & Ilsley Corp. 530 24,242 MB Financial, Inc. 170 6,011 See Notes to Schedule of Investments. 11 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- MBIA, Inc. 270 $ 15,809 MCG Capital Corp. 640 10,176 Mellon Financial Corp. 930 32,020 Mercantile Bankshares Corp. 330 11,771 Mercury General Corp. 190 10,710 Merrill Lynch & Co., Inc. 1,200 83,472 Metlife, Inc. 820 41,992 MGIC Investment Corp. 130 8,450 Mid-America Apartment Communities, Inc. 110 6,133 Mills Corp. (The) 500 13,375 Moody's Corp. 120 6,535 Morgan Stanley 1,820 115,042 Municipal Mortgage & Equity LLC 280 7,605 National City Corp. 2,610 94,456 National Financial Partners Corp. 140 6,203 National Retail Properties, Inc. 320 6,384 Nationwide Financial Services, Inc. Class A 140 6,171 Nationwide Health Properties, Inc. 480 10,805 New Century Financial Corp. 860 39,345 New Plan Excel Realty Trust, Inc. 500 12,345 New York Community Bancorp, Inc. 1,540 25,425 NewAlliance Bancshares, Inc. 440 6,296 Newcastle Investment Corp. 460 11,647 North Fork Bancorp., Inc. 1,600 48,272 Northern Trust Corp. 380 21,014 Northwest Bancorp, Inc. 250 6,625 NovaStar Financial, Inc. 540 17,069 Nuveen Investments, Inc. Class A 150 6,458 Odyssey Re Holdings Corp. 250 6,588 Ohio Casualty Corp. 210 6,243 Old National Bancorp 320 6,390 Old Republic International Corp. 590 12,608 optionsXpress Holdings, Inc. 220 5,128 Pacific Capital Bancorp 180 5,602 See Notes to Schedule of Investments. 12 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Pan Pacific Retail Properties, Inc. 150 $ 10,406 Park National Corp. 60 5,929 Pennsylvania Real Estate Investment Trust 190 7,670 People's Bank 380 12,483 Phoenix Cos., Inc. (The) 450 6,336 Plum Creek Timber Co., Inc. 800 28,400 PMI Group, Inc. (The) 140 6,241 PNC Financial Services Group, Inc. 880 61,750 Post Properties, Inc. 170 7,708 Potlatch Corp. 180 6,795 Principal Financial Group, Inc. 370 20,591 Progressive Corp. (The) 230 5,913 Prologis 740 38,569 Prosperity Bancshares, Inc. 190 6,249 Protective Life Corp. 140 6,527 Provident Bankshares Corp. 170 6,186 Provident Financial Services, Inc. 340 6,103 Prudential Financial, Inc. 510 39,627 PS Business Parks, Inc. 110 6,490 Public Storage, Inc. 320 24,288 Radian Group, Inc. 100 6,178 Raymond James Financial, Inc. 220 6,659 Rayonier, Inc. 310 11,752 Realty Income Corp. 510 11,169 Reckson Associates Realty Corp. 310 12,828 Redwood Trust, Inc. 160 7,813 Regency Centers Corp. 240 14,916 Regions Financial Corp. 1,820 60,278 Reinsurance Group of America, Inc. 130 6,390 RLI Corp. 130 6,263 Safeco Corp. 240 13,524 Saxon Capital, Inc. 960 10,982 SEI Investments Co. 140 6,843 Selective Insurance Group, Inc. 110 6,146 See Notes to Schedule of Investments. 13 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Senior Housing Properties Trust 500 $ 8,955 Shurgard Storage Centers, Inc. Class A 160 10,000 Simon Property Group, Inc. 800 66,352 Sky Financial Group, Inc. 370 8,736 SL Green Realty Corp. 100 10,947 SLM Corp. 710 37,573 South Financial Group, Inc. (The) 230 6,074 Sovereign Bancorp, Inc. 580 11,780 Spirit Finance Corp. 560 6,306 St. Joe Co. (The) 140 6,516 St. Paul Travelers Cos., Inc. (The) 1,520 67,762 Stancorp Financial Group, Inc. 130 6,618 State Auto Financial Corp. 180 5,857 State Street Corp. 420 24,398 Sterling Financial Corp. 210 6,407 Strategic Hotels & Resorts, Inc. 310 6,429 Student Loan Corp. 40 8,080 Sunstone Hotel Investors, Inc. 240 6,974 SunTrust Banks, Inc. 1,220 93,037 Susquehanna Bancshares, Inc. 270 6,453 Synovus Financial Corp. 900 24,102 T. Rowe Price Group, Inc. 380 14,368 Taubman Centers, Inc. 160 6,544 TCF Financial Corp. 470 12,432 TD Banknorth Inc. 690 20,321 Texas Regional Bancshares, Inc. Class A 180 6,826 Thornburg Mortgage, Inc. 1,080 30,100 Torchmark Corp. 110 6,679 Transatlantic Holdings, Inc. 110 6,149 Trizec Properties, Inc. 480 13,747 Trustmark Corp. 200 6,194 Trustreet Properties Inc. 590 7,782 UCBH Holdings, Inc. 350 5,789 UMB Financial Corp. 190 6,335 See Notes to Schedule of Investments. 14 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Umpqua Holdings Corp. 230 $ 5,900 UnionBanCal Corp. 330 21,315 United Bankshares, Inc. 170 6,227 United Dominion Realty Trust, Inc. 590 16,526 Unitrin, Inc. 260 11,333 UnumProvident Corp. 430 7,796 US Bancorp 7,820 241,482 Valley National Bancorp 400 10,284 Ventas, Inc. 490 16,601 Vornado Realty Trust 470 45,849 W.R. Berkley Corp. 190 6,485 Wachovia Corp. 5,940 321,235 Waddell & Reed Financial, Inc. Class A 290 5,962 Washington Federal, Inc. 290 6,725 Washington Mutual, Inc. 4,670 212,859 Washington Real Estate Investment Trust 190 6,973 Webster Financial Corp. 130 6,167 Weingarten Realty Investors 410 15,695 Wells Fargo & Co. 5,480 367,598 Wesco Financial Corp. 20 7,620 Westamerica Bancorp. 130 6,366 Whitney Holding Corp. 190 6,720 Wilmington Trust Corp. 190 8,014 Wintrust Financial Corp. 120 6,102 Zenith National Insurance Corp. 160 6,347 Zions Bancorp. 180 14,029 ----------- Total Financials 8,545,553 ----------- Health Care - 9.5% Abbott Laboratories 4,290 187,087 Aetna, Inc. 150 5,990 Allergan, Inc. 60 6,436 AmerisourceBergen Corp. 150 6,288 Applera Corp./Applied Biosystems Group 210 6,794 Baxter International, Inc. 970 35,657 See Notes to Schedule of Investments. 15 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Becton Dickinson & Co. 340 $ 20,784 Biomet, Inc. 180 5,632 Bristol-Myers Squibb Co. 8,970 231,964 Brookdale Senior Living, Inc. 240 10,738 C.R. Bard, Inc. 90 6,593 Cardinal Health, Inc. 130 8,363 Cigna Corp. 70 6,896 DENTSPLY International Inc. 100 6,060 Eli Lilly & Co. 3,270 180,733 HCA, Inc. 580 25,027 Health Management Associates Inc. Class A 300 5,913 IMS Health, Inc. 230 6,176 Johnson & Johnson 6,660 399,067 Manor Care, Inc. 130 6,100 McKesson Corp. 140 6,619 Medtronic, Inc. 920 43,166 Merck & Co., Inc. 9,460 344,628 Mylan Laboratories, Inc. 300 6,000 Omnicare, Inc. 140 6,639 Pfizer, Inc. 28,450 667,722 Pharmaceutical Product Development, Inc. 170 5,970 Quest Diagnostics, Inc. 150 8,988 Schering-Plough Corp. 1,720 32,732 Stryker Corp. 140 5,895 UnitedHealth Group, Inc. 140 6,269 Wyeth 2,770 123,016 ----------- Total Health Care 2,425,942 ----------- Industrials - 10.3% 3M Co. 1,840 148,617 American Power Conversion Corp. 340 6,627 American Standard Cos., Inc. 340 14,712 Ametek, Inc. 150 7,107 Aramark Corp. Class B 190 6,291 Avery Dennison Corp. 290 16,837 See Notes to Schedule of Investments. 16 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Boeing Co. (The) 1,230 $ 100,749 Brink's Co. (The) 120 6,769 Burlington Northern Santa Fe Corp. 360 28,530 C.H. Robinson Worldwide, Inc. 180 9,594 Carlisle Cos., Inc. 80 6,344 Caterpillar, Inc. 940 70,011 Cendant Corp. 2,560 41,702 Cintas Corp. 150 5,964 Con-way Inc. 110 6,372 Crane Co. 160 6,656 CSX Corp. 190 13,384 Cummins, Inc. 60 7,335 Deere & Co. 460 38,405 Deluxe Corp. 310 5,419 Donaldson Co., Inc. 200 6,774 Dover Corp. 280 13,840 Eaton Corp. 280 21,112 Emerson Electric Co. 880 73,753 Equifax, Inc. 180 6,181 Expeditors International Washington, Inc. 140 7,841 Fastenal Co. 160 6,446 FedEx Corp. 90 10,517 Fluor Corp. 80 7,434 General Dynamics Corp. 580 37,967 General Electric Co. 30,070 991,107 Goodrich Corp. 220 8,864 Graco, Inc. 140 6,437 Harsco Corp. 80 6,237 HNI Corp. 130 5,896 Honeywell International, Inc. 1,770 71,331 Hubbell Inc. Class B 130 6,195 IDEX Corp. 140 6,608 Illinois Tool Works, Inc. 770 36,575 ITT Industries, Inc. 140 6,930 See Notes to Schedule of Investments. 17 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- JB Hunt Transport Services, Inc. 260 $ 6,477 Joy Global, Inc. 130 6,772 Kennametal, Inc. 110 6,848 L-3 Communications Holdings, Inc. 110 8,296 Laidlaw International, Inc. 250 6,300 Landstar System, Inc. 140 6,612 Lincoln Electric Holdings, Inc. 110 6,892 Lockheed Martin Corp. 710 50,935 Manitowoc Co., Inc. (The) 160 7,120 Manpower, Inc. 100 6,460 Masco Corp. 1,130 33,493 MSC Industrial Direct Co. Class A 140 6,660 Norfolk Southern Corp. 510 27,142 Northrop Grumman Corp. 530 33,952 Oshkosh Truck Corp. 120 5,702 Paccar, Inc. 240 19,771 Pall Corp. 220 6,160 Parker Hannifin Corp. 140 10,864 Pentair, Inc. 190 6,496 Pitney Bowes, Inc. 680 28,084 Precision Castparts Corp. 120 7,171 Raytheon Co. 940 41,896 Republic Services, Inc. 180 7,261 Robert Half International, Inc. 160 6,720 Rockwell Automation, Inc. 220 15,842 Rockwell Collins, Inc. 150 8,381 Roper Industries, Inc. 140 6,545 RR Donnelley & Sons Co. 690 22,046 Ryder System, Inc. 110 6,427 Southwest Airlines Co. 400 6,548 SPX Corp. 120 6,714 Steelcase Inc. Class A 360 5,922 Teleflex, Inc. 110 5,942 Textron, Inc. 210 19,358 See Notes to Schedule of Investments. 18 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Timken Co. (The) 220 $ 7,372 Toro Co. (The) 130 6,071 Trinity Industries, Inc. 180 7,272 Union Pacific Corp. 340 31,606 United Parcel Service Inc. Class B 1,240 102,089 United Technologies Corp. 1,540 97,667 W.W. Grainger, Inc. 110 8,275 Waste Management, Inc. 1,360 48,797 ----------- Total Industrials 2,652,428 ----------- Information Technology - 4.5% Amphenol Corp. Class A 120 6,715 Analog Devices, Inc. 620 19,927 Applied Materials, Inc. 1,820 29,630 Automatic Data Processing, Inc. 940 42,629 CA, Inc. 340 6,987 CDW Corp. 110 6,012 Diebold, Inc. 150 6,093 Electronic Data Systems Corp. 380 9,143 Fidelity National Information Services, Inc. 170 6,018 First Data Corp. 390 17,566 Global Payments, Inc. 140 6,797 Harris Corp. 160 6,642 Hewlett-Packard Co. 2,750 87,120 Intel Corp. 12,210 231,380 International Business Machines Corp. 1,520 116,766 Intersil Corp. Class A 270 6,278 KLA -Tencor Corp. 200 8,314 Linear Technology Corp. 520 17,415 Maxim Integrated Products, Inc. 430 13,807 Microchip Technology, Inc. 440 14,762 Microsoft Corp. 13,720 319,676 Molex, Inc. 180 6,043 MoneyGram International, Inc. 180 6,111 Motorola, Inc. 1,750 35,263 See Notes to Schedule of Investments. 19 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- National Semiconductor Corp. 260 $ 6,201 Paychex, Inc. 590 22,998 Qualcomm, Inc. 1,180 47,283 Sabre Holdings Corp. Class A 290 6,380 Symbol Technologies, Inc. 560 6,042 Texas Instruments, Inc. 600 18,174 Total System Services, Inc. 340 6,545 Xilinx, Inc. 380 8,607 ----------- Total Information Technology 1,149,324 ----------- Materials - 4.3% Air Products & Chemicals, Inc. 450 28,764 Airgas, Inc. 170 6,333 Albemarle Corp. 140 6,703 Alcoa, Inc. 1,720 55,659 Allegheny Technologies, Inc. 100 6,924 Ashland, Inc. 110 7,337 Ball Corp. 170 6,297 Bemis Co. 250 7,655 Cabot Corp. 190 6,559 Carpenter Technology Corp. 60 6,930 Celanese Corp. Series A 330 6,739 Chemtura Corp. 690 6,445 Commercial Metals Co. 280 7,196 Cytec Industries, Inc. 110 5,903 Dow Chemical Co. (The) 3,590 140,118 E.I. du Pont de Nemours & Co. 3,230 134,368 Eagle Materials, Inc. 150 7,125 Eastman Chemical Co. 280 15,120 Ecolab, Inc. 270 10,957 Florida Rock Industries, Inc. 130 6,457 FMC Corp. 100 6,439 Freeport-McMoRan Copper & Gold Inc. Class B 390 21,610 International Flavors & Fragrances, Inc. 190 6,696 International Paper Co. 1,420 45,866 See Notes to Schedule of Investments. 20 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Louisiana-Pacific Corp. 280 $ 6,132 Lubrizol Corp. 160 6,376 Lyondell Chemical Co. 1,120 25,379 Martin Marietta Materials, Inc. 70 6,380 MeadWestvaco Corp. 610 17,037 Monsanto Co. 250 21,047 Newmont Mining Corp. 340 17,996 Nucor Corp. 240 13,020 Packaging Corp. of America 460 10,129 Phelps Dodge Corp. 190 15,610 PPG Industries, Inc. 490 32,340 Praxair, Inc. 590 31,860 Reliance Steel & Aluminum Co. 80 6,636 Rohm & Haas Co. 520 26,062 RPM International, Inc. 420 7,560 Scotts Miracle-Gro Co. (The) Class A 150 6,348 Sealed Air Corp. 120 6,250 Sigma-Aldrich Corp. 90 6,538 Sonoco Products Co. 270 8,545 Southern Copper Corp. 1,920 171,130 Steel Dynamics, Inc. 120 7,889 Temple-Inland, Inc. 250 10,717 United States Steel Corp. 100 7,012 Valhi, Inc. 260 6,383 Valspar Corp. 230 6,074 Vulcan Materials Co. 170 13,260 Weyerhaeuser Co. 680 42,330 ----------- Total Materials 1,096,240 ----------- Telecommunication Services - 5.4% AT&T, Inc. 19,160 534,372 ALLTEL Corp. 930 59,362 BellSouth Corp. 6,030 218,286 CenturyTel, Inc. 170 6,316 Citizens Communications Co. 2,480 32,364 See Notes to Schedule of Investments. 21 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Commonwealth Telephone Enterprises, Inc. 190 $ 6,300 Consolidated Communications Holdings, Inc. 30 499 Iowa Telecommunications Services, Inc. 350 6,622 PanAmSat Holding Corp. 850 21,233 Sprint Nextel Corp. 1,100 21,989 Telephone & Data Systems, Inc. 160 6,624 Telephone & Data Systems, Inc. Special Shares 160 6,224 Verizon Communications, Inc. 13,970 467,855 ----------- Total Telecommunication Services 1,388,046 ----------- Utilities - 6.9% AGL Resources, Inc. 320 12,198 ALLETE, Inc. 130 6,155 Alliant Energy Corp. 420 14,406 Ameren Corp. 1,050 53,025 American Electric Power Co., Inc. 1,720 58,910 Aqua America Inc. 290 6,609 Atmos Energy Corp. 380 10,606 Avista Corp. 280 6,392 Black Hills Corp. 180 6,179 CenterPoint Energy, Inc. 1,560 19,500 Cleco Corp. 280 6,510 Consolidated Edison, Inc. 1,300 57,772 Constellation Energy Group, Inc. 490 26,715 Dominion Resources, Inc. 1,390 103,958 DPL, Inc. 470 12,596 DTE Energy Co. 920 37,481 Duke Energy Corp. 4,390 128,934 Duquesne Light Holdings, Inc. 470 7,727 Edison International 860 33,540 Energen Corp. 180 6,914 Energy East Corp. 710 16,990 Entergy Corp. 660 46,695 Equitable Resources, Inc. 270 9,045 Exelon Corp. 2,020 114,797 See Notes to Schedule of Investments. 22 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- FirstEnergy Corp. 1,210 $ 65,594 FPL Group, Inc. 1,470 60,829 Great Plains Energy, Inc. 440 12,258 Hawaiian Electric Industries, Inc. 370 10,327 IDACORP, Inc. 180 6,172 KeySpan Corp. 800 32,320 MDU Resources Group, Inc. 270 9,885 National Fuel Gas Co. 300 10,542 New Jersey Resources Corp. 140 6,549 Nicor, Inc. 210 8,715 NiSource, Inc. 1,240 27,082 Northeast Utilities 550 11,368 Northwest Natural Gas Co. 180 6,665 NorthWestern Corp. 180 6,183 NSTAR 450 12,870 OGE Energy Corp. 410 14,362 ONEOK, Inc. 400 13,616 Ormat Technologies, Inc. 180 6,867 Peoples Energy Corp. 230 8,259 PG&E Corp. 1,170 45,958 Piedmont Natural Gas Co. Inc. 300 7,290 Pinnacle West Capital Corp. 500 19,955 PNM Resources, Inc. 250 6,240 PPL Corp. 1,420 45,866 Progress Energy, Inc. 1,390 59,589 Public Service Enterprise Group, Inc. 900 59,508 Puget Energy, Inc. 540 11,599 Questar Corp. 110 8,854 SCANA Corp. 490 18,904 Sempra Energy 680 30,926 Southern Co. 3,380 108,329 Southern Union Co. 250 6,765 Southwest Gas Corp. 210 6,581 TECO Energy, Inc. 980 14,641 See Notes to Schedule of Investments. 23 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- TXU Corp. 1,700 $ 101,643 UGI Corp. 330 8,125 UniSource Energy Corp. 200 6,230 Vectren Corp. 350 9,537 Westar Energy, Inc. 410 8,630 Wisconsin Energy Corp. 270 10,881 WPS Resources Corp. 180 8,928 Xcel Energy, Inc. 1,920 36,826 ----------- Total Utilities 1,775,922 ----------- TOTAL COMMON STOCKS (Cost: $24,702,099) 25,570,865 =========== SHORT-TERM INVESTMENT - 0.0% MONEY MARKET FUND - 0.0% Columbia Cash Reserves Fund, 4.71%* (Cost: $11,703) 11,703 11,703 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.9% (Cost: $24,713,802)** 25,582,568 =========== Cash and Other Assets in Excess of Liabilities - 0.1% 26,727 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $25,609,295 ================================================================================ *Rate shown represents annualized 7-day yield as of June 30, 2006. **Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 24 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.8% Consumer Discretionary - 1.8% American Axle & Manufacturing Holdings, Inc. 300 $ 5,133 Bandag, Inc. Class A 60 1,860 Bassett Furniture Industries, Inc. 80 1,481 Carmike Cinemas, Inc. 60 1,265 Cherokee, Inc. 90 3,722 Citadel Broadcasting Corp. 1,230 10,947 Cooper Tire & Rubber Co. 300 3,342 Entercom Communications Corp. 300 7,848 Ford Motor Co. 15,220 105,475 General Motors Corp. 4,480 133,459 Genuine Parts Co. 900 37,494 Kimball International, Inc. Class B 180 3,548 Lone Star Steakhouse & Saloon, Inc. 100 2,623 Mattel, Inc. 1,810 29,883 Newell Rubbermaid, Inc. 1,540 39,778 Pier 1 Imports, Inc. 500 3,490 Pre-Paid Legal Services, Inc. 90 3,105 Regal Entertainment Group Class A 700 14,224 Russ Berrie & Co., Inc. 90 1,103 ServiceMaster Co. (The) 1,660 17,148 Sinclair Broadcast Group, Inc. Class A 390 3,338 Snap-On, Inc. 280 11,318 Sturm Ruger & Co., Inc. 230 1,437 Superior Industries International, Inc. 150 2,743 Tuesday Morning Corp. 240 3,156 Tupperware Brands Corp. 430 8,467 Westwood One, Inc. 530 3,975 World Wrestling Entertainment, Inc. 210 3,547 Xerium Technologies, Inc. 710 6,688 ----------- Total Consumer Discretionary 471,597 ----------- See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Consumer Staples - 9.5% Altria Group, Inc. 15,910 $ 1,168,271 Coca-Cola Co. (The) 11,840 509,357 ConAgra Foods, Inc. 2,940 65,003 H.J. Heinz Co. Ltd. 1,790 73,784 Ingles Markets, Inc. Class A 70 1,190 Kimberly-Clark Corp. 2,640 162,888 Kraft Foods, Inc. Class A 2,500 77,250 Lance, Inc. 140 3,223 Loews Corp./Carolina Group 500 25,685 Reddy Ice Holdings, Inc. 250 5,087 Reynolds American Inc. 1,180 136,054 Sara Lee Corp. 5,660 90,673 Universal Corp. 200 7,444 UST, Inc. 1,490 67,333 Vector Group Ltd. 710 11,537 WD-40 Co. 80 2,686 ----------- Total Consumer Staples 2,407,465 ----------- Energy - 3.2% Chevron Corp. 11,670 724,240 Crosstex Energy, Inc. 60 5,705 Kinder Morgan, Inc. 860 85,905 NGP Capital Resources Co. 140 2,048 ----------- Total Energy 817,898 ----------- Financials - 43.7% First Indiana Corp. 80 2,082 Aames Investment Corp. 2,500 12,475 Acadia Realty Trust 170 4,020 Advance America, Cash Advance Centers, Inc. 420 7,367 Agree Realty Corp. 80 2,718 Alexandria Real Estate Equities, Inc. 110 9,755 AMB Property Corp. 500 25,275 American Campus Communities, Inc. 150 3,727 American Capital Strategies, Ltd. 1,960 65,621 See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- American Financial Realty Trust 2,020 $ 19,554 American Home Mortgage Investment Corp. 980 36,123 American Land Lease, Inc. 50 1,225 AmSouth Bancorp. 2,240 59,248 Annaly Mortgage Management, Inc. 760 9,736 Anthracite Capital, Inc. 980 11,917 Apartment Investment & Management Co. Class A 840 36,498 Apollo Investment Corp. 1,340 24,763 Arbor Realty Trust, Inc. 300 7,515 Archstone-Smith Trust 1,280 65,114 Ares Capital Corp. 530 8,973 Arrow Financial Corp. 60 1,646 Arthur J. Gallagher & Co. 700 17,738 Ashford Hospitality Trust, Inc. 610 7,698 Associated Banc-Corp 730 23,017 Astoria Financial Corp. 550 16,747 AvalonBay Communities, Inc. 350 38,717 BancorpSouth, Inc. 420 11,445 Bank of America Corp. 34,480 1,658,488 Bank of Granite Corp. 60 1,250 Bank of Hawaii Corp. 240 11,904 BB&T Corp. 3,500 145,565 Beverly Hills Bancorp, Inc. 170 1,635 BioMed Realty Trust, Inc. 310 9,281 Boston Properties, Inc. 560 50,624 Brandywine Realty Trust 810 26,058 BRE Properties, Inc. Class A 320 17,600 Camden Property Trust 320 23,536 Capital Lease Funding, Inc. 340 3,879 Capital Trust, Inc. Class A 200 7,124 CapitalSource, Inc. 2,280 53,489 Capitol Federal Financial 780 26,746 CBL & Associates Properties, Inc. 460 17,908 Cedar Shopping Centers, Inc. 280 4,122 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- CentraCore Properties Trust 140 $ 3,465 Charter Financial Corp. 160 6,314 Chemical Financial Corp. 140 4,284 Cincinnati Financial Corp. 940 44,189 Citigroup, Inc. 34,990 1,687,918 Citizens Banking Corp. 300 7,323 City Holding Co. 90 3,253 Colonial Properties Trust 410 20,254 Comerica Inc. 1,120 58,229 Commerce Group, Inc. 380 11,225 Community Bank System, Inc. 170 3,429 Community Banks, Inc. 120 3,120 Community Trust Bancorp, Inc. 80 2,794 Compass Bancshares, Inc. 670 37,252 Cousins Properties Inc. 380 11,753 Crescent Real Estate Equities Co. 1,220 22,643 Developers Diversified Realty Corp. 790 41,222 DiamondRock Hospitality Co. 580 8,590 Digital Realty Trust, Inc. 170 4,197 Dime Community Bancshares 240 3,257 Duke Realty Corp. 1,130 39,719 EastGroup Properties, Inc. 150 7,002 Education Realty Trust, Inc. 340 5,661 Entertainment Properties Trust 290 12,484 Equity Inns, Inc. 430 7,121 Equity Office Properties Trust 2,460 89,815 Equity One, Inc. 630 13,167 Equity Residential 1,860 83,198 Erie Indemnity Co. Class A 280 14,560 Essex Property Trust, Inc. 120 13,399 Extra Space Storage, Inc. 460 7,470 Federal Realty Investment Trust 260 18,200 FelCor Lodging Trust, Inc. 290 6,305 Fidelity National Financial, Inc. 830 32,328 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Fidelity National Title Group, Inc. Class A 270 $ 5,311 Fieldstone Investment Corp. 1,340 12,274 Fifth Third Bancorp 3,620 133,759 First Bancorp 80 1,680 First Busey Corp. 110 2,252 First Charter Corp. 160 3,925 First Commonwealth Financial Corp. 560 7,112 First Community Bancshares, Inc. 60 1,979 First Financial Bancorp 250 3,727 First Financial Bankshares, Inc. 100 3,654 First Financial Corp. 60 1,801 First Financial Holdings, Inc. 60 1,920 First Horizon National Corp. 930 37,386 First Industrial Realty Trust, Inc. 490 18,591 First Merchants Corp. 110 2,674 First Midwest Bancorp, Inc. 250 9,270 First Niagara Financial Group, Inc. 570 7,991 First Potomac Realty Trust 150 4,468 FirstMerit Corp. 620 12,983 Flagstar Bancorp, Inc. 420 6,703 FNB Corp. 540 8,516 Franklin Street Properties Corp. 600 11,808 Freddie Mac 3,590 204,666 Friedman, Billings, Ramsey Group, Inc. Class A 2,310 25,341 Fulton Financial Corp. 990 15,761 General Growth Properties, Inc. 1,350 60,831 Getty Realty Corp. 260 7,394 Gladstone Capital Corp. 140 2,995 Gladstone Reaty Investment Corp. 150 2,250 Glenborough Realty Trust Inc. 350 7,539 Glimcher Realty Trust 410 10,172 Global Signal, Inc. 500 23,160 GMH Communities Trust 530 6,985 Gramercy Capital Corp. 310 8,029 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Harbor Florida Bancshares, Inc. 120 $ 4,457 Harleysville National Corp. 150 3,181 Health Care Property Investors, Inc. 1,370 36,634 Health Care REIT, Inc. 650 22,717 Healthcare Realty Trust, Inc. 570 18,154 Heritage Property Investment Trust 420 14,666 Highland Hospitality Corp. 500 7,040 Highwoods Properties, Inc. 460 16,643 Home Properties, Inc. 260 14,433 HomeBanc Corp. 1,220 9,687 Hospitality Properties Trust 810 35,575 HRPT Properties Trust 2,530 29,247 Huntington Bancshares, Inc. 1,740 41,029 IMPAC Mortgage Holdings, Inc. 1,330 14,869 Independent Bank Corp. 100 2,630 IndyMac Bancorp, Inc. 460 21,091 Inland Real Estate Corp. 670 9,970 Innkeepers USA Trust 250 4,320 Integra Bank Corp. 80 1,740 Investors Real Estate Trust 550 4,966 iStar Financial, Inc. 1,530 57,757 JER Investors Trust Inc. 340 5,287 JPMorgan Chase & Co. 19,220 807,240 KeyCorp 2,560 91,341 Kilroy Realty Corp. 140 10,115 Kimco Realty Corp. 1,240 45,248 Kite Realty Group Trust 220 3,430 KKR Financial Corp. 970 20,186 LaSalle Hotel Properties 190 8,797 Lexington Corporate Properties Trust 630 13,608 Liberty Property Trust 780 34,476 Lincoln National Corp. 1,570 88,611 Longview Fibre Co. 330 6,300 LTC Properties, Inc. 240 5,364 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Macerich Co. (The) 440 $ 30,888 Mack-Cali Realty Corp. 560 25,715 Maguire Properties, Inc. 340 11,958 MainSource Financial Group, Inc. 70 1,220 MBT Financial Corp. 120 1,920 MCG Capital Corp. 1,070 17,013 Medallion Financial Corp. 140 1,814 Medical Properties Trust, Inc. 530 5,851 Mercury General Corp. 320 18,038 MFA Mortgage Investments, Inc. 420 2,890 Mid-America Apartment Communities, Inc. 160 8,920 Mills Corp. (The) 850 22,737 Mission West Properties, Inc. 170 1,884 MortgageIT Holdings, Inc. 440 5,306 Municipal Mortgage & Equity, LLC 470 12,765 MVC Capital, Inc. 130 1,747 National City Corp. 4,400 159,236 National Health Investors, Inc. 350 9,411 National Penn Bancshares, Inc. 240 4,766 National Retail Properties, Inc. 530 10,574 Nationwide Health Properties, Inc. 820 18,458 NBT Bancorp, Inc. 190 4,414 New Century Financial Corp. 1,450 66,338 New Plan Excel Realty Trust, Inc. 850 20,987 New York Community Bancorp, Inc. 2,610 43,091 Newcastle Investment Corp. 780 19,750 Newkirk Realty Trust, Inc. 290 5,034 North Fork Bancorp., Inc. 2,710 81,761 NorthStar Realty Finance Corp. 500 6,005 NovaStar Financial, Inc. 920 29,081 OceanFirst Financial Corp. 70 1,555 Old National Bancorp. 440 8,787 Omega Financial Corp. 80 2,505 Omega Healthcare Investors, Inc. 640 8,461 See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Pan Pacific Retail Properties, Inc. 250 $ 17,343 Park National Corp. 80 7,905 Parkway Properties, Inc. 140 6,370 Pennsylvania Real Estate Investment Trust 320 12,918 Peoples Bancorp, Inc. 50 1,492 Plum Creek Timber Co., Inc. 1,340 47,570 PNC Financial Services Group, Inc. 1,470 103,150 Post Properties, Inc. 280 12,695 Potlatch Corp. 300 11,325 ProLogis 1,230 64,108 Provident Bankshares Corp. 170 6,186 RAIT Investment Trust 400 11,680 Ramco-Gershenson Properties Trust 170 4,578 Rayonier, Inc. 540 20,471 Realty Income Corp. 870 19,053 Reckson Associates Realty Corp. 510 21,104 Redwood Trust, Inc. 270 13,184 Regency Centers Corp. 400 24,860 Regions Financial Corp. 3,070 101,678 Republic Bancorp, Inc. 460 5,699 S&T Bancorp, Inc. 140 4,652 Saul Centers, Inc. 110 4,486 Saxon Capital, Inc. 1,620 18,533 Senior Housing Properties Trust 860 15,403 Shurgard Storage Centers, Inc. Class A 260 16,250 Simon Property Group, Inc. 1,340 111,140 Sky Financial Group, Inc. 640 15,110 Sovran Self Storage, Inc. 130 6,603 Spirit Finance Corp. 950 10,697 Sterling Bancorp 120 2,340 Strategic Hotels & Resorts, Inc. 390 8,089 Sun Communities, Inc. 210 6,831 Sunstone Hotel Investors, Inc. 400 11,624 SunTrust Banks, Inc. 2,050 156,333 See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Susquehanna Bancshares, Inc. 290 $ 6,931 Synovus Financial Corp. 1,520 40,706 Tanger Factory Outlet Centers, Inc. 190 6,150 Taubman Centers, Inc. 250 10,225 TCF Financial Corp. 810 21,425 TD Banknorth Inc. 1,150 33,868 Technology Investment Capital Corp. 270 3,956 Thornburg Mortgage, Inc. 1,820 50,723 Trizec Properties, Inc. 830 23,771 Trustco Bank Corp. 670 7,383 Trustreet Properties Inc. 990 13,058 U.S. Bancorp 13,170 406,690 United Bankshares, Inc. 200 7,326 United Community Financial Corp. 150 1,800 United Dominion Realty Trust, Inc. 990 27,730 Unitrin, Inc. 430 18,744 Universal Health Realty Income Trust 120 3,762 Univest Corp. of Pennsylvania 60 1,657 Urstadt Biddle Properties Inc. Class A 160 2,606 U-Store-It Trust 560 10,562 Valley National Bancorp 680 17,483 Ventas, Inc. 840 28,459 Vornado Realty Trust 800 78,040 Wachovia Corp. 10,010 541,341 Washington Federal, Inc. 480 11,131 Washington Mutual, Inc. 7,860 358,259 Washington Real Estate Investment Trust 310 11,377 Weingarten Realty Investors 690 26,413 Wells Fargo & Co. 9,210 617,807 WesBanco, Inc. 120 3,719 West Bancorp., Inc. 90 1,680 Whitney Holding Corp. 320 11,318 Willow Grove Bancorp, Inc. 70 1,114 Wilmington Trust Corp. 310 13,076 See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Windrose Medical Properties Trust 180 $ 2,628 Winston Hotels, Inc. 240 2,940 ----------- Total Financials 11,108,977 ----------- Health Care - 10.8% Abbott Laboratories 7,210 314,428 Bristol-Myers Squibb Co. 15,100 390,486 Brookdale Senior Living, Inc. 400 17,896 Computer Programs & Systems, Inc. 50 1,998 Eli Lilly & Co. 5,510 304,538 Merck & Co., Inc. 15,930 580,330 Pfizer, Inc. 47,860 1,123,274 ----------- Total Health Care 2,732,950 ----------- Industrials - 7.1% American Ecology Corp. 90 2,385 BlueLinx Holdings, Inc. 160 2,085 Deluxe Corp. 530 9,264 Ennis, Inc. 140 2,755 General Electric Co. 50,610 1,668,106 Horizon Lines, Inc. Class A 190 3,044 Hubbell, Inc. Class A 40 1,744 LSI Industries, Inc. 90 1,529 Macquarie Infrastructure Co. Trust 280 7,725 Pitney Bowes, Inc. 1,140 47,082 RR Donnelley & Sons Co. 1,160 37,062 Standard Register Co. (The) 240 2,844 Synagro Technologies, Inc. 990 3,891 UAP Holding Corp. 290 6,325 ----------- Total Industrials 1,795,841 ----------- Information Technology - 0.1% Landauer, Inc. 50 2,395 Spectralink Corp.* 100 882 Startek, Inc. 150 2,243 United Online, Inc. 670 8,040 ----------- Total Information Technology 13,560 ----------- See Notes to Schedule of Investments. 10 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Materials - 4.2% Chesapeake Corp. 210 $ 3,446 Compass Minerals International, Inc. 260 6,487 Dow Chemical Co. (The) 6,030 235,351 E.I. du Pont de Nemours & Co. 5,440 226,304 Eastman Chemical Co. 470 25,380 Ferro Corp. 200 3,192 Great Northern Iron Ore Properties 10 1,111 International Paper Co. 2,400 77,520 Kronos Worldwide, Inc. 270 7,898 Lyondell Chemical Co. 1,890 42,827 MeadWestvaco Corp. 1,030 28,768 Mesabi Trust 180 3,339 NL Industries, Inc. 380 4,085 Olin Corp. 450 8,068 Packaging Corp. of America 780 17,176 PPG Industries, Inc. 830 54,780 Quaker Chemical Corp. 60 1,122 RPM International, Inc. 710 12,780 Sensient Technologies Corp. 260 5,437 Southern Copper Corp. 3,230 287,890 Stepan Co. 40 1,263 Wellman, Inc. 170 687 Worthington Industries, Inc. 500 10,475 ----------- Total Materials 1,065,386 ----------- Telecommunication Services - 8.6% Alaska Communications Systems Group, Inc. 490 6,198 AT&T, Inc. 32,230 898,895 BellSouth Corp. 10,160 367,792 Citizens Communications Co. 4,180 54,549 Commonwealth Telephone Enterprises, Inc. 210 6,964 Consolidated Communications Holdings, Inc. 470 7,816 CT Communications, Inc. 90 2,058 FairPoint Communications, Inc. 680 9,792 See Notes to Schedule of Investments. 11 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Iowa Telecommunications Services, Inc. 440 $ 8,325 North Pittsburgh Systems, Inc. 80 2,205 PanAmSat Holding Corp. 1,420 35,472 SureWest Communications 100 1,932 Verizon Communications, Inc. 23,510 787,350 ----------- Total Telecommunication Services 2,189,348 ----------- Utilities - 10.8% AGL Resources, Inc. 540 20,585 Allete, Inc. 160 7,576 Alliant Energy Corp. 730 25,039 Ameren Corp. 1,760 88,880 American Electric Power Co., Inc. 2,890 98,982 Atmos Energy Corp. 660 18,421 Black Hills Corp. 220 7,553 Cascade Natural Gas Corp. 90 1,898 CenterPoint Energy, Inc. 2,640 33,000 Central Vermont Public Service Corp. 90 1,663 CH Energy Group, Inc. 120 5,760 Cleco Corp. 340 7,905 Connecticut Water Service, Inc. 40 937 Consolidated Edison, Inc. 2,190 97,324 Constellation Energy Group, Inc. 830 45,252 Dominion Resources, Inc. 2,340 175,009 DPL, Inc. 790 21,172 DTE Energy Co. 1,540 62,740 Duke Energy Corp. 6,660 195,604 Duquesne Light Holdings, Inc. 800 13,152 Empire District Electric Co. (The) 250 5,137 Energy East Corp. 1,190 28,477 Entergy Corp. 1,100 77,825 Exelon Corp. 3,400 193,222 FirstEnergy Corp. 2,050 111,130 FPL Group, Inc. 2,490 103,036 Great Plains Energy, Inc. 750 20,895 See Notes to Schedule of Investments. 12 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Hawaiian Electric Industries, Inc. 630 $ 17,583 IDACORP, Inc. 260 8,915 ITC Holdings Corp. 220 5,848 KeySpan Corp. 1,340 54,136 Laclede Group, Inc. (The) 150 5,154 MGE Energy, Inc. 140 4,361 Middlesex Water Co. 70 1,324 National Fuel Gas Co. 500 17,570 New Jersey Resources Corp. 150 7,017 Nicor, Inc. 350 14,525 NiSource, Inc. 2,090 45,646 Northeast Utilities 930 19,223 Northwest Natural Gas Co. 180 6,665 NorthWestern Corp. 240 8,244 NSTAR 770 22,022 OGE Energy Corp. 700 24,521 ONEOK, Inc. 690 23,488 Otter Tail Corp. 200 5,466 Peoples Energy Corp. 390 14,005 PG&E Corp. 1,980 77,774 Piedmont Natural Gas Co. 510 12,393 Pinnacle West Capital Corp. 860 34,323 PNM Resources, Inc. 410 10,234 PPL Corp. 2,400 77,520 Progress Energy, Inc. 2,340 100,316 Public Service Enterprise Group, Inc. 1,500 99,180 Puget Energy, Inc. 920 19,762 SCANA Corp. 830 32,021 South Jersey Industries, Inc. 160 4,382 Southern Co. 5,690 182,365 Southwest Gas Corp. 190 5,955 TECO Energy, Inc. 1,660 24,800 TXU Corp. 2,880 172,195 UGI Corp. 570 14,033 See Notes to Schedule of Investments. 13 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE HIGH-YIELDING EQUITY(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- UIL Holdings Corp. 140 $ 7,881 Vectren Corp. 600 16,350 Westar Energy, Inc. 710 14,946 WPS Resources Corp. 310 15,376 Xcel Energy Inc. 3,230 61,951 ----------- Total Utilities 2,757,644 ----------- TOTAL COMMON STOCKS (Cost: $24,709,406) 25,360,666 =========== SHORT-TERM INVESTMENT - 0.0% MONEY MARKET FUND - 0.0% Columbia Cash Reserves Fund, 4.71%** (Cost: $5,555) 5,555 5,555 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.8% (Cost: $24,714,961)*** 25,366,221 =========== Cash and Other Assets in Excess of Liabilities - 0.2% 42,470 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $25,408,691 ================================================================================ * Non-income producing securities. ** Rate shown represents annualized 7-day yield as of June 30, 2006. ***Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 14 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.9% Consumer Discretionary - 5.3% Best Buy Co., Inc. 204 $ 11,187 CBS Corp. Class B 1,374 37,167 Centex Corp. 24 1,207 Clear Channel Communications, Inc. 966 29,898 D.R. Horton, Inc. 270 6,431 Eastman Kodak Co. 366 8,703 Federated Department Stores, Inc. 558 20,423 Ford Motor Co. 6,552 45,405 Fortune Brands, Inc. 186 13,208 Gannett Co., Inc. 330 18,457 Gap, Inc. (The) 1,062 18,479 General Motors Corp. 1,932 57,554 Genuine Parts Co. 390 16,247 Harley-Davidson, Inc. 270 14,820 Harrah's Entertainment, Inc. 246 17,510 Hilton Hotels Corp. 174 4,921 Home Depot, Inc. (The) 2,184 78,165 International Game Technology 342 12,975 J.C. Penney Co., Inc. 198 13,367 Johnson Controls, Inc. 204 16,773 Lennar Corp. Class A 96 4,259 Limited Brands, Inc. 702 17,964 Lowe's Cos., Inc. 210 12,741 Marriott International Inc. Class A 180 6,862 McDonald's Corp. 1,776 59,674 McGraw-Hill Cos., Inc. (The) 336 16,877 News Corp. Class A 1,152 22,095 News Corp. Class B 426 8,597 NIKE, Inc. Class B 204 16,524 Nordstrom, Inc. 204 7,446 Omnicom Group, Inc. 156 13,898 Pulte Homes, Inc. 78 2,246 Staples, Inc. 456 11,090 Target Corp. 492 24,044 Time Warner Inc. 3,822 66,121 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- TJX Cos., Inc. 324 $ 7,407 Tribune Co. 576 18,680 Walt Disney Co. (The) 1,356 40,680 Yum! Brands, Inc. 186 9,350 ----------------- Total Consumer Discretionary 809,452 ----------------- Consumer Staples - 13.1% Altria Group, Inc. 6,846 502,702 Anheuser-Busch Cos., Inc. 1,422 64,829 Archer-Daniels-Midland Co. 564 23,282 Avon Products, Inc. 732 22,692 Campbell Soup Co. 660 24,493 Clorox Co. (The) 210 12,804 Coca-Cola Co. (The) 5,094 219,144 Coca-Cola Enterprises, Inc. 408 8,311 Colgate-Palmolive Co. 840 50,316 ConAgra Foods, Inc. 1,266 27,991 Costco Wholesale Corp. 288 16,453 CVS Corp. 306 9,394 General Mills, Inc. 696 35,955 H.J. Heinz Co. Ltd. 768 31,657 Hershey Co. (The) 240 13,217 Kellogg Co. 744 36,032 Kimberly-Clark Corp. 1,140 70,338 Kraft Foods, Inc. Class A 1,074 33,187 Kroger Co. (The) 672 14,690 PepsiCo, Inc. 2,166 130,047 Procter & Gamble Co. 5,142 285,895 Reynolds American, Inc. 510 58,803 Safeway, Inc. 258 6,708 Sara Lee Corp. 2,436 39,025 Sysco Corp. 954 29,154 Walgreen Co. 444 19,909 Wal-Mart Stores, Inc. 4,290 206,649 Whole Foods Market, Inc. 90 5,817 Wm. Wrigley Jr. Co. 342 15,513 ----------------- Total Consumer Staples 2,015,007 ----------------- See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Energy - 8.8% Anadarko Petroleum Corp. 234 $ 11,159 Apache Corp. 144 9,828 Baker Hughes, Inc. 186 15,224 BJ Services Co. 138 5,142 Chesapeake Energy Corp. 174 5,263 Chevron Corp. 5,022 311,665 ConocoPhillips 2,484 162,776 Devon Energy Corp. 234 14,136 Diamond Offshore Drilling, Inc. 54 4,532 El Paso Corp. 636 9,540 ENSCO International, Inc. 24 1,104 EOG Resources, Inc. 60 4,160 Exxon Mobil Corp. 9,330 572,395 Halliburton Co. 306 22,708 Hess Corp. 168 8,879 Kerr-McGee Corp. 36 2,497 Kinder Morgan, Inc. 366 36,560 Marathon Oil Corp. 462 38,485 Murphy Oil Corp. 120 6,703 Noble Energy, Inc. 60 2,812 Occidental Petroleum Corp. 486 49,839 Peabody Energy Corp. 90 5,017 Smith International, Inc. 126 5,603 Sunoco, Inc. 126 8,730 Valero Energy Corp. 180 11,974 Williams Cos., Inc. (The) 606 14,156 XTO Energy, Inc. 192 8,500 ----------- Total Energy 1,349,387 ----------- Financials - 29.8% Aflac, Inc. 420 19,467 Allstate Corp. (The) 1,260 68,960 AMBAC Financial Group, Inc. 60 4,866 American Express Co. 822 43,747 American International Group, Inc. 1,710 100,976 Ameriprise Financial, Inc. 174 7,773 AmSouth Bancorp. 960 25,392 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- AON Corp. 336 $ 11,700 Archstone-Smith Trust 552 28,080 AvalonBay Communities, Inc. 150 16,593 Bank of America Corp. 14,838 713,708 Bank of New York Co., Inc. (The) 1,308 42,118 BB&T Corp. 1,506 62,635 Bear, Stearns & Co., Inc. 72 10,086 Boston Properties, Inc. 234 21,154 Capital One Financial Corp. 30 2,564 Charles Schwab Corp. (The) 546 8,725 Chicago Mercantile Exchange Holdings Inc. 12 5,894 Chubb Corp. (The) 630 31,437 CIT Group, Inc. 216 11,295 Citigroup Inc. 15,048 725,916 Comerica, Inc. 486 25,267 Countrywide Financial Corp. 714 27,189 Equity Office Properties Trust 1,056 38,555 Equity Residential 798 35,695 Fifth Third Bancorp 1,560 57,642 Franklin Resources, Inc. 96 8,334 Freddie Mac 1,542 87,909 General Growth Properties, Inc. 582 26,225 Genworth Financial, Inc. Class A 294 10,243 Golden West Financial Corp. 102 7,568 Goldman Sachs Group, Inc. 282 42,421 Hartford Financial Services Group, Inc. (The) 438 37,055 Host Hotels & Resorts, Inc. 732 16,009 Hudson City Bancorp, Inc. 960 12,797 JPMorgan Chase & Co. 8,268 347,256 KeyCorp 1,104 39,391 Kimco Realty Corp. 540 19,704 Legg Mason, Inc. 54 5,374 Lehman Brothers Holdings, Inc. 258 16,809 Lincoln National Corp. 672 37,928 Loews Corp. 240 8,508 M&T Bank Corp. 126 14,858 Marsh & McLennan Cos., Inc. 918 24,685 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Marshall & Ilsley Corp. 372 $ 17,015 MBIA, Inc. 198 11,593 Mellon Financial Corp. 678 23,343 Merrill Lynch & Co., Inc. 870 60,517 Metlife, Inc. 594 30,419 Moody's Corp. 84 4,574 Morgan Stanley 1,314 83,058 National City Corp. 1,896 68,616 North Fork Bancorp., Inc. 1,164 35,118 Northern Trust Corp. 276 15,263 PNC Financial Services Group, Inc. (The) 636 44,628 Principal Financial Group, Inc. 264 14,691 Progressive Corp. (The) 66 1,697 Prologis 534 27,832 Prudential Financial, Inc. 366 28,438 Public Storage, Inc. 228 17,305 Regions Financial Corp. 1,320 43,718 Simon Property Group, Inc. 582 48,271 SLM Corp. 510 26,989 Sovereign Bancorp, Inc. 420 8,530 St. Paul Travelers Cos., Inc. (The) 1,104 49,216 State Street Corp. 306 17,775 SunTrust Banks, Inc. 882 67,261 Synovus Financial Corp. 654 17,514 T. Rowe Price Group, Inc. 276 10,435 U.S. Bancorp 5,658 174,719 UnionBanCal Corp. 246 15,889 Vornado Realty Trust 342 33,362 W.R. Berkley Corp. 60 2,048 Wachovia Corp. 4,308 232,976 Washington Mutual, Inc. 3,378 153,969 Wells Fargo & Co. 3,960 265,637 Zions Bancorp. 132 10,288 ----------- Total Financials 4,573,212 ----------- Health Care - 11.0% Abbott Laboratories 3,102 135,278 Aetna, Inc. 18 719 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Allergan, Inc. 42 $ 4,505 AmerisourceBergen Corp. 30 1,258 Baxter International, Inc. 708 26,026 Becton Dickinson & Co. 246 15,038 Biomet, Inc. 126 3,943 Bristol-Myers Squibb Co. 6,498 168,038 Cardinal Health, Inc. 96 6,176 Cigna Corp. 6 591 Eli Lilly & Co. 2,370 130,990 HCA, Inc. 420 18,123 Johnson & Johnson 4,812 288,335 McKesson Corp. 102 4,823 Medtronic, Inc. 666 31,249 Merck & Co., Inc. 6,858 249,837 Pfizer, Inc. 20,604 483,576 Quest Diagnostics, Inc. 114 6,831 Schering-Plough Corp. 1,248 23,749 Stryker Corp. 72 3,032 UnitedHealth Group, Inc. 54 2,418 Wyeth 2,016 89,531 ----------- Total Health Care 1,694,066 ----------- Industrials - 11.0% 3M Co. 1,332 107,586 American Standard Cos., Inc. 246 10,644 Boeing Co. 894 73,228 Burlington Northern Santa Fe Corp. 258 20,446 C.H. Robinson Worldwide, Inc. 132 7,036 Caterpillar, Inc. 678 50,497 Cendant Corp. 1,854 30,202 CSX Corp. 138 9,721 Deere & Co. 336 28,053 Dover Corp. 204 10,084 Eaton Corp. 204 15,382 Emerson Electric Co. 636 53,303 Expeditors International Washington, Inc. 48 2,688 FedEx Corp. 60 7,012 Fluor Corp. 60 5,576 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- General Dynamics Corp. 420 $ 27,493 General Electric Co. 21,786 718,066 Honeywell International, Inc. 1,284 51,745 Illinois Tool Works, Inc. 558 26,505 ITT Industries, Inc. 102 5,049 Joy Global, Inc. 66 3,438 L-3 Communications Holdings, Inc. 78 5,883 Lockheed Martin Corp. 510 36,587 Masco Corp. 816 24,186 Norfolk Southern Corp. 372 19,798 Northrop Grumman Corp. 390 24,983 Paccar, Inc. 174 14,334 Parker Hannifin Corp. 96 7,450 Pitney Bowes, Inc. 492 20,320 Precision Castparts Corp. 18 1,076 Raytheon Co. 678 30,218 Rockwell Automation, Inc. 162 11,666 Rockwell Collins, Inc. 108 6,034 Southwest Airlines Co. 60 982 Textron, Inc. 156 14,380 Union Pacific Corp. 246 22,868 United Parcel Service Inc. Class B 900 74,097 United Technologies Corp. 1,116 70,777 Waste Management, Inc. 990 35,521 ----------- Total Industrials 1,684,914 ----------- Information Technology - 5.1% Analog Devices, Inc. 444 14,270 Applied Materials, Inc. 1,320 21,490 Automatic Data Processing, Inc. 684 31,019 CA, Inc. 246 5,055 Electronic Data Systems Corp. 276 6,641 Fidelity National Information Services, Inc. 66 2,336 First Data Corp. 282 12,701 Hewlett-Packard Co. 1,998 63,297 Intel Corp. 8,838 167,480 International Business Machines Corp. 1,104 84,809 KLA-Tencor Corp. 144 5,986 See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Linear Technology Corp. 384 $ 12,860 Maxim Integrated Products, Inc. 312 10,018 Microchip Technology, Inc. 324 10,870 Microsoft Corp. 9,930 231,369 Motorola, Inc. 1,272 25,631 National Semiconductor Corp. 102 2,433 Paychex, Inc. 426 16,606 Qualcomm, Inc. 852 34,140 Texas Instruments, Inc. 432 13,085 Xilinx, Inc. 276 6,252 ----------- Total Information Technology 778,348 ----------- Materials - 3.9% Air Products & Chemicals, Inc. 324 20,710 Alcoa, Inc. 1,242 40,191 Dow Chemical Co. (The) 2,592 101,166 E.I. du Pont de Nemours & Co. 2,340 97,344 Ecolab, Inc. 192 7,791 Freeport-McMoRan Copper & Gold Inc. Class B 282 15,626 International Paper Co. 1,032 33,334 Monsanto Co. 186 15,659 Newmont Mining Corp. 246 13,021 Nucor Corp. 174 9,440 Phelps Dodge Corp. 138 11,338 PPG Industries, Inc. 354 23,364 Praxair, Inc. 426 23,004 Rohm & Haas Co. 384 19,246 Southern Copper Corp. 1,392 124,069 Vulcan Materials Co. 126 9,828 Weyerhaeuser Co. 492 30,627 ----------- Total Materials 595,758 ----------- Telecommunication Services - 6.1% Alltel Corp. 672 42,894 AT&T, Inc. 13,866 386,723 BellSouth Corp. 4,368 158,122 Sprint Nextel Corp. 798 15,952 Verizon Communications, Inc. 10,110 338,584 ----------- Total Telecommunication Services 942,275 ----------- See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Utilities - 5.8% Ameren Corp. 756 $ 38,178 American Electric Power Co., Inc. 1,248 42,744 Consolidated Edison, Inc. 942 41,862 Constellation Energy Group, Inc. 354 19,300 Dominion Resources, Inc. 1,008 75,388 Duke Energy Corp. 3,174 93,220 Edison International 624 24,336 Entergy Corp. 474 33,536 Exelon Corp. 1,464 83,199 FirstEnergy Corp. 882 47,813 FPL Group, Inc. 1,068 44,194 PG&E Corp. 852 33,467 PPL Corp. 1,032 33,334 Progress Energy, Inc. 1,008 43,213 Public Service Enterprise Group, Inc. 648 42,846 Sempra Energy 492 22,376 Southern Co. 2,448 78,458 TXU Corp. 1,242 74,259 Xcel Energy, Inc. 1,392 26,699 ----------- Total Utilities 898,422 ----------- TOTAL COMMON STOCKS (Cost: $14,966,507) 15,340,841 =========== SHORT-TERM INVESTMENT - 0.0% MONEY MARKET FUND - 0.0% Columbia Cash Reserves Fund, 4.71%* (Cost: $5,012) 5,012 5,012 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.9% (Cost: $14,971,519)** 15,345,853 =========== Other Assets in Excess of Liabilities - 0.1% 9,523 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $15,355,376 ================================================================================ * Rate shown represents annualized 7-day yield as of June 30, 2006. **Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIVIDEND TOP 100(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.9% Consumer Discretionary - 7.1% CBS Corp. Class B 2,367 $ 64,027 Clear Channel Communications, Inc. 1,899 58,774 Ford Motor Co. 13,248 91,809 General Motors Corp. 4,806 143,171 Genuine Parts Co. 1,512 62,990 Limited Brands, Inc. 2,166 55,428 Tribune Co. 2,055 66,644 ----------- Total Consumer Discretionary 542,843 ----------- Consumer Staples - 10.8% Altria Group, Inc. 1,353 99,351 Anheuser-Busch Cos., Inc. 1,272 57,990 Coca-Cola Co. (The) 1,509 64,917 ConAgra Foods, Inc. 3,390 74,953 General Mills, Inc. 1,143 59,047 H.J. Heinz Co. Ltd. 1,809 74,567 Kellogg Co. 1,227 59,424 Kimberly-Clark Corp. 1,254 77,372 Kraft Foods, Inc. Class A 2,166 66,929 Reynolds American, Inc. 957 110,342 Sara Lee Corp. 5,271 84,441 ----------- Total Consumer Staples 829,333 ----------- Energy - 2.1% Chevron Corp. 1,146 71,121 Kinder Morgan, Inc. 888 88,702 ----------- Total Energy 159,823 ----------- Financials - 35.7% Allstate Corp. (The) 1,113 60,915 AmSouth Bancorp. 3,054 80,778 Archstone-Smith Trust 1,584 80,578 AvalonBay Communities, Inc. 570 63,053 Bank of America Corp. 2,076 99,856 Bank of New York Co., Inc. (The) 1,398 45,016 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIVIDEND TOP 100(SM) FUND June 30, (2006) -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- BB&T Corp. 2,130 $ 88,587 Boston Properties, Inc. 648 58,579 Citigroup, Inc. 1,890 91,174 Comerica, Inc. 1,512 78,609 Equity Office Properties Trust 2,508 91,567 Equity Residential 1,743 77,964 Fifth Third Bancorp 2,112 78,038 Freddie Mac 1,062 60,545 General Growth Properties, Inc. 1,458 65,697 Host Hotels & Resorts, Inc. 2,646 57,868 JPMorgan Chase & Co. 1,689 70,938 KeyCorp 2,181 77,818 Kimco Realty Corp. 1,731 63,164 Lincoln National Corp. 2,361 133,255 Marsh & McLennan Cos., Inc. 1,701 45,740 Mellon Financial Corp. 1,371 47,204 National City Corp. 2,622 94,890 North Fork Bancorp., Inc. 2,583 77,929 PNC Financial Services Group, Inc. (The) 954 66,942 ProLogis 1,209 63,013 Public Storage, Inc. 651 49,411 Regions Financial Corp. 2,442 80,879 Simon Property Group, Inc. 924 76,637 SunTrust Banks, Inc. 987 75,269 Synovus Financial Corp. 2,295 61,460 U.S. Bancorp 3,042 93,937 UnionBanCal Corp. 726 46,892 Vornado Realty Trust 753 73,455 Wachovia Corp. 1,401 75,766 Washington Mutual, Inc. 2,388 108,845 Wells Fargo & Co. 1,089 73,050 ----------- Total Financials 2,735,318 ----------- See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIVIDEND TOP 100(SM) FUND June 30, (2006) -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Health Care - 5.2% Abbott Laboratories 1,404 $ 61,228 Bristol-Myers Squibb Co. 3,927 101,552 Eli Lilly & Co. 1,107 61,184 Merck & Co., Inc. 2,610 95,082 Pfizer, Inc. 3,288 77,169 ----------- Total Health Care 396,215 ----------- Industrials - 4.4% 3M Co. 684 55,247 Cendant Corp. 3,174 51,705 General Electric Co. 1,788 58,933 Masco Corp. 1,809 53,619 Pitney Bowes, Inc. 1,494 61,702 Waste Management, Inc. 1,536 55,112 ----------- Total Industrials 336,318 ----------- Materials - 8.8% Dow Chemical Co. (The) 1,932 75,406 E.I. du Pont de Nemours & Co. 1,773 73,757 International Paper Co. 1,800 58,140 PPG Industries, Inc. 1,011 66,726 Rohm & Haas Co. 1,050 52,626 Southern Copper Corp. 3,315 295,466 Weyerhaeuser Co. 816 50,796 ----------- Total Materials 672,917 ----------- Telecommunication Services - 4.4% Alltel Corp. 795 50,745 AT&T, Inc. 3,915 109,189 BellSouth Corp. 2,082 75,368 Verizon Communications, Inc. 2,970 99,465 ----------- Total Telecommunication Services 334,767 ----------- Utilities - 21.4% Ameren Corp. 2,181 110,141 American Electric Power Co., Inc. 2,733 93,605 Consolidated Edison, Inc. 2,601 115,588 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIVIDEND TOP 100(SM) FUND June 30, (2006) -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Constellation Energy Group, Inc. 1,083 $ 59,045 Dominion Resources, Inc. 1,236 92,440 Duke Energy Corp. 3,093 90,841 Edison International 1,347 52,533 Entergy Corp. 972 68,769 Exelon Corp. 1,224 69,560 FirstEnergy Corp. 1,584 85,869 FPL Group, Inc. 2,001 82,801 PG&E Corp. 1,854 72,825 PPL Corp. 2,715 87,695 Progress Energy, Inc. 2,685 115,106 Public Service Enterprise Group, Inc. 1,188 78,551 Sempra Energy 1,197 54,440 Southern Co. 3,021 96,823 TXU Corp. 1,740 104,035 Xcel Energy Inc. 5,634 108,060 ----------- Total Utilities 1,638,727 ----------- TOTAL COMMON STOCKS (Cost: $7,418,571) 7,646,261 =========== SHORT-TERM INVESTMENT - 0.0% MONEY MARKET FUND - 0.0% Columbia Cash Reserves Fund, 4.71%* (Cost: $5,000) 5,000 5,000 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.9% (Cost: $7,423,571)** 7,651,261 =========== Other Assets in Excess of Liabilities - 0.1% 8,757 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $ 7,660,018 ================================================================================ *Rate shown represents annualized 7-day yield as of June 30, 2006. **Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.5% Consumer Discretionary - 11.6% Abercrombie & Fitch Co. Class A 258 $ 14,301 Advance Auto Parts, Inc. 156 4,508 American Eagle Outfitters 372 12,663 Applebees International, Inc. 150 2,883 Barnes & Noble, Inc. 213 7,775 Beazer Homes USA, Inc. 60 2,752 Bebe Stores, Inc. 195 3,007 Belo Corp. Class A 453 7,067 Black & Decker Corp. 333 28,125 Borders Group, Inc. 261 4,818 BorgWarner, Inc. 150 9,765 Boyd Gaming Corp. 222 8,960 Brinker International, Inc. 201 7,296 Brunswick Corp. 357 11,870 CBRL Group, Inc. 138 4,681 Choice Hotels International, Inc. 183 11,090 Circuit City Stores, Inc. 126 3,430 Claire's Stores, Inc. 255 6,505 Darden Restaurants, Inc. 366 14,420 Dillard's Inc. Class A 111 3,535 Dollar General Corp. 882 12,330 Domino's Pizza, Inc. 279 6,902 Dow Jones & Co., Inc. 396 13,864 E.W. Scripps Co. (The) Class A 306 13,201 Family Dollar Stores, Inc. 603 14,731 Foot Locker, Inc. 576 14,106 Gentex Corp. 780 10,920 GTECH Holdings Corp. 312 10,851 H&R Block, Inc. 1,872 44,666 Harte-Hanks, Inc. 177 4,538 Hasbro, Inc. 999 18,092 John Wiley & Sons, Inc. Class A 108 3,586 Jones Apparel Group, Inc. 384 12,207 KB Home 351 16,093 Leggett & Platt, Inc. 1,182 29,526 Lennar Corp. Class B 93 3,793 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Liz Claiborne, Inc. 144 $ 5,337 Mattel, Inc. 2,646 43,685 McClatchy Co. Class A 198 7,946 MDC Holdings, Inc. 171 8,880 Men's Wearhouse, Inc. (The) 72 2,182 Meredith Corp. 111 5,499 Michaels Stores, Inc. 345 14,228 New York Times Co. (The) Class A 930 22,822 Newell Rubbermaid, Inc. 2,259 58,350 OfficeMax, Inc. 345 14,059 OSI Restaurant Partners, Inc. 219 7,577 PetSmart, Inc. 150 3,840 Phillips-Van Heusen 39 1,488 Polaris Industries, Inc. 234 10,132 Polo Ralph Lauren Corp. 48 2,635 Pool Corp. 99 4,319 RadioShack Corp. 435 6,090 Ross Stores, Inc. 291 8,163 Ruby Tuesday, Inc. 21 513 Ryland Group, Inc. (The) 78 3,398 Service Corp. International 933 7,595 ServiceMaster Co. (The) 2,424 25,040 Sherwin-Williams Co. (The) 675 32,049 Snap-On, Inc. 408 16,491 Speedway Motorsports, Inc. 90 3,397 Standard-Pacific Corp. 78 2,005 Stanley Works (The) 471 22,241 Station Casinos, Inc. 207 14,093 Thor Industries, Inc. 72 3,488 Tiffany & Co. 300 9,906 United Auto Group, Inc. 258 5,508 VF Corp. 552 37,492 Warner Music Group Corp. 879 25,913 Weight Watchers International, Inc. 336 13,739 Wendy's International, Inc. 309 18,012 Whirlpool Corp. 354 29,258 ----------- Total Consumer Discretionary 896,227 ----------- See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Consumer Staples - 4.9% Alberto-Culver Co. 237 $ 11,547 Brown-Forman Corp. Class A 201 14,432 Brown-Forman Corp. Class B 234 16,719 Church & Dwight Co., Inc. 102 3,715 Corn Products International, Inc. 198 6,059 Del Monte Foods Co. 666 7,479 Estee Lauder Cos., Inc. (The) Class A 336 12,993 Flowers Foods, Inc. 201 5,757 Hormel Foods Corp. 564 20,947 J.M. Smucker Co. (The) 393 17,567 Loews Corp./Carolina Group 741 38,065 Longs Drug Stores Corp. 111 5,064 McCormick & Co., Inc. 621 20,835 Molson Coors Brewing Co. Class B 288 19,549 Pepsi Bottling Group, Inc. 846 27,199 PepsiAmericas, Inc. 669 14,792 Seaboard Corp. 3 3,840 Supervalu, Inc. 708 21,736 Tyson Foods, Inc. Class A 729 10,833 UST, Inc. 2,190 98,966 ----------- Total Consumer Staples 378,094 ----------- Energy - 1.3% Arch Coal, Inc. 135 5,720 Cabot Oil & Gas Corp. 39 1,911 Cimarex Energy Co. 75 3,225 Consol Energy, Inc. 339 15,838 Foundation Coal Holdings, Inc. 54 2,534 Frontier Oil Corp. 72 2,333 Helmerich & Payne, Inc. 60 3,616 Holly Corp. 78 3,760 Massey Energy Co. 87 3,132 Overseas Shipholding Group, Inc. 144 8,518 Patterson-UTI Energy, Inc. 213 6,030 Pioneer Natural Resources Co. 174 8,075 Pogo Producing Co. 84 3,872 Range Resources Corp. 93 2,529 St. Mary Land & Exploration Co. 33 1,328 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Tesoro Corp. 99 $ 7,362 Tidewater, Inc. 156 7,675 W&T Offshore, Inc. 48 1,867 Western Gas Resources, Inc. 114 6,823 ----------- Total Energy 96,148 ----------- Financials - 47.2% AG Edwards, Inc. 297 16,430 Alexandria Real Estate Equities, Inc. 165 14,632 AMB Property Corp. 732 37,003 American Capital Strategies Ltd. 2,865 95,920 American Financial Group, Inc. 255 10,940 American National Insurance 177 22,960 AmerUs Group Co. 63 3,689 Apartment Investment & Management Co. Class A 1,218 52,922 Arthur J. Gallagher & Co. 1,017 25,771 Associated Banc-Corp 1,065 33,579 Assurant, Inc. 210 10,164 Astoria Financial Corp. 795 24,208 Bancorpsouth, Inc. 621 16,922 Bank of Hawaii Corp. 348 17,261 BlackRock, Inc. Class A 57 7,933 BOK Financial Corp. 141 7,003 Brandywine Realty Trust 1,185 38,121 BRE Properties, Inc. Class A 468 25,740 Brown & Brown, Inc. 207 6,049 Camden Property Trust 471 34,642 CapitalSource, Inc. 3,342 78,403 Capitol Federal Financial 1,134 38,885 Cathay General Bancorp 117 4,256 CBL & Associates Properties, Inc. 681 26,511 Cincinnati Financial Corp. 1,368 64,310 City National Corp. 261 16,988 Colonial BancGroup, Inc. (The) 1,035 26,579 Colonial Properties Trust 603 29,788 Commerce Bancorp, Inc. 585 20,867 Commerce Bancshares, Inc. 312 15,616 Commerce Group, Inc. 570 16,838 Compass Bancshares, Inc. 978 54,377 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Corporate Office Properties Trust 243 $ 10,225 Corus Bankshares, Inc. 372 9,739 Cousins Properties, Inc. 552 17,073 Crescent Real Estate Equities Co. 1,785 33,130 Cullen/Frost Bankers, Inc. 300 17,190 Developers Diversified Realty Corp. 1,158 60,424 Downey Financial Corp. 39 2,646 Duke Realty Corp. 1,647 57,892 East West Bancorp, Inc. 72 2,730 Eaton Vance Corp. 465 11,606 Equity One, Inc. 915 19,124 Erie Indemnity Co. Class A 408 21,216 Essex Property Trust, Inc. 174 19,429 Federal Realty Investment Trust 387 27,090 Federated Investors Inc. Class B 405 12,758 Fidelity National Financial, Inc. 1,209 47,091 First American Corp. 435 18,387 First Citizens BancShares Inc. Class A 12 2,406 First Horizon National Corp. 1,353 54,391 First Industrial Realty Trust, Inc. 717 27,203 First Marblehead Corp. (The) 174 9,908 First Midwest Bancorp, Inc. 366 13,571 First Niagara Financial Group, Inc. 825 11,567 FirstMerit Corp. 897 18,783 Forest City Enterprises, Inc. Class A 93 4,642 Fremont General Corp. 390 7,238 Fulton Financial Corp. 1,446 23,020 Global Signal, Inc. 732 33,906 Greenhill & Co., Inc. 69 4,192 HCC Insurance Holdings, Inc. 237 6,977 Health Care Property Investors, Inc. 2,010 53,747 Health Care REIT, Inc. 942 32,923 Healthcare Realty Trust, Inc. 831 26,467 Heritage Property Investment Trust 627 21,895 Highwoods Properties, Inc. 672 24,313 Home Properties, Inc. 387 21,482 Hospitality Properties Trust 1,188 52,177 HRPT Properties Trust 3,705 42,830 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Huntington Bancshares, Inc. 2,541 $ 59,917 IndyMac Bancorp, Inc. 684 31,361 International Bancshares Corp. 348 9,563 Investors Financial Services Corp. 30 1,347 iStar Financial, Inc. 2,244 84,711 Janus Capital Group, Inc. 90 1,611 Jefferies Group, Inc. 300 8,889 Jones Lang LaSalle, Inc. 57 4,990 Kilroy Realty Corp. 201 14,522 KKR Financial Corp. 1,416 29,467 LaSalle Hotel Properties 285 13,196 Leucadia National Corp. 222 6,480 Liberty Property Trust 1,143 50,521 Macerich Co. (The) 648 45,490 Mack-Cali Realty Corp. 804 36,920 Maguire Properties, Inc. 495 17,409 Mercantile Bankshares Corp. 822 29,321 Mercury General Corp. 471 26,550 MGIC Investment Corp. 324 21,060 Mills Corp. (The) 1,242 33,224 National Financial Partners Corp. 96 4,254 Nationwide Financial Services, Inc. Class A 297 13,092 New Century Financial Corp. 2,127 97,310 New Plan Excel Realty Trust 1,242 30,665 New York Community Bancorp, Inc. 3,804 62,804 NewAlliance Bancshares, Inc. 414 5,924 Nuveen Investments, Inc. Class A 339 14,594 Ohio Casualty Corp. 177 5,262 Old Republic International Corp. 1,455 31,093 optionsXpress Holdings, Inc. 105 2,448 Pacific Capital Bancorp 300 9,336 Pan Pacific Retail Properties, Inc. 366 25,389 Pennsylvania Real Estate Investment Trust 468 18,893 People's Bank 942 30,945 Phoenix Cos., Inc. (The) 273 3,844 Plum Creek Timber Co., Inc. 1,971 69,971 PMI Group, Inc. (The) 99 4,413 Post Properties, Inc. 420 19,043 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Protective Life Corp. 270 $ 12,587 Radian Group, Inc. 27 1,668 Raymond James Financial, Inc. 300 9,081 Rayonier, Inc. 777 29,456 Realty Income Corp. 1,266 27,725 Reckson Associates Realty Corp. 759 31,407 Regency Centers Corp. 594 36,917 Reinsurance Group of America, Inc. 114 5,603 Safeco Corp. 603 33,979 SEI Investments Co. 135 6,599 Shurgard Storage Centers, Inc. Class A 390 24,375 Sky Financial Group, Inc. 930 21,957 SL Green Realty Corp. 249 27,258 South Financial Group, Inc. (The) 480 12,677 St. Joe Co. (The) 189 8,796 Stancorp Financial Group, Inc. 156 7,942 Student Loan Corp. 90 18,180 Sunstone Hotel Investors, Inc. 588 17,087 Taubman Centers, Inc. 369 15,092 TCF Financial Corp. 1,176 31,105 TD Banknorth, Inc. 1,686 49,653 Texas Regional Bancshares, Inc. Class A 255 9,670 Thornburg Mortgage, Inc. 2,649 73,828 Torchmark Corp. 195 11,840 Transatlantic Holdings, Inc. 135 7,547 Trizec Properties, Inc. 1,206 34,540 Trustmark Corp. 366 11,335 UCBH Holdings, Inc. 147 2,431 United Bankshares, Inc. 291 10,659 United Dominion Realty Trust, Inc. 1,452 40,671 Unitrin, Inc. 642 27,985 UnumProvident Corp. 1,077 19,526 Valley National Bancorp 990 25,453 Ventas, Inc. 1,218 41,266 Waddell & Reed Financial, Inc. Class A 537 11,041 Washington Federal, Inc. 711 16,488 Webster Financial Corp. 270 12,809 Weingarten Realty Investors 1,008 38,586 See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Wesco Financial Corp. 6 $ 2,286 Westamerica Bancorp. 192 9,402 Whitney Holding Corp. 477 16,871 Wilmington Trust Corp. 465 19,614 Zenith National Insurance Corp. 213 8,450 ----------- Total Financials 3,633,966 ----------- Health Care - 2.1% Applera Corp./Applied Biosystems Group 282 9,123 Bausch & Lomb, Inc. 108 5,296 Beckman Coulter, Inc. 171 9,499 Brookdale Senior Living, Inc. 594 26,576 C.R. Bard, Inc. 198 14,505 Cooper Cos., Inc. (The) 12 531 Dade Behring Holdings, Inc. 123 5,122 Dentsply International, Inc. 93 5,636 Health Management Associates Inc. Class A 660 13,009 Hillenbrand Industries, Inc. 309 14,987 IMS Health, Inc. 228 6,122 Manor Care, Inc. 282 13,231 Medicis Pharmaceutical Corp. Class A 48 1,152 Mentor Corp. 174 7,569 Mylan Laboratories, Inc. 531 10,620 Omnicare, Inc. 48 2,276 PerkinElmer, Inc. 375 7,838 Pharmaceutical Product Development, Inc. 81 2,845 STERIS Corp. 108 2,469 Universal Health Services, Inc. Class B 78 3,920 ----------- Total Health Care 162,326 ----------- Industrials - 7.6% Actuant Corp. Class A 9 450 Acuity Brands, Inc. 168 6,537 Adesa, Inc. 249 5,538 Alexander & Baldwin, Inc. 207 9,164 American Power Conversion Corp. 837 16,313 Ametek, Inc. 93 4,406 Aramark Corp. Class B 279 9,238 Avery Dennison Corp. 723 41,977 Brady Corp. Class A 156 5,747 See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Briggs & Stratton Corp. 318 $ 9,893 Brink's Co. (The) 27 1,523 Carlisle Cos., Inc. 90 7,137 Cintas Corp. 339 13,479 Clarcor, Inc. 96 2,860 Con-way Inc. 102 5,909 Crane Co. 183 7,613 Cummins, Inc. 132 16,137 Donaldson Co., Inc. 192 6,503 DRS Technologies, Inc. 21 1,024 Equifax, Inc. 138 4,739 Fastenal Co. 315 12,691 Florida East Coast Industries, Inc. 36 1,884 GATX Corp. 255 10,838 Goodrich Corp. 555 22,361 Graco, Inc. 216 9,932 Granite Construction Inc. 84 3,803 Harsco Corp. 162 12,630 Heartland Express, Inc. 87 1,556 Herman Miller, Inc. 165 4,252 HNI Corp. 156 7,075 Hubbell, Inc. Class B 330 15,725 IDEX Corp. 123 5,806 IKON Office Solutions, Inc. 369 4,649 JB Hunt Transport Services, Inc. 564 14,049 JLG Industries, Inc. 18 405 Kennametal, Inc. 123 7,657 Knight Transportation, Inc. 84 1,697 Laidlaw International, Inc. 546 13,759 Landstar System, Inc. 33 1,559 Lennox International, Inc. 258 6,832 Lincoln Electric Holdings, Inc. 147 9,210 Manitowoc Co., Inc. (The) 90 4,005 Manpower, Inc. 204 13,178 MSC Industrial Direct Co., Inc. Class A 117 5,566 Nordson Corp. 108 5,311 Oshkosh Truck Corp. 114 5,417 Pall Corp. 435 12,180 See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Pentair, Inc. 342 $ 11,693 Republic Services, Inc. 447 18,032 Robert Half International, Inc. 348 14,616 Roper Industries, Inc. 102 4,769 RR Donnelley & Sons Co. 1,695 54,155 Ryder System, Inc. 240 14,023 Simpson Manufacturing Co., Inc. 87 3,136 Skywest, Inc. 60 1,488 SPX Corp. 276 15,442 Teleflex, Inc. 144 7,779 Timken Co. (The) 429 14,376 Toro Co. (The) 78 3,643 Trinity Industries, Inc. 96 3,878 W.W. Grainger, Inc. 282 21,215 Wabtec Corp. 15 561 Walter Industries, Inc. 24 1,384 Watsco, Inc. 66 3,948 ----------- Total Industrials 584,352 ----------- Information Technology - 1.6% Acxiom Corp. 165 4,125 Adtran, Inc. 261 5,854 Amphenol Corp. Class A 51 2,854 AVX Corp. 360 5,684 CDW Corp. 147 8,034 Diebold, Inc. 351 14,258 Factset Research Systems, Inc. 54 2,554 Fair Isaac Corp. 33 1,198 Global Payments, Inc. 30 1,456 Harris Corp. 225 9,340 Intersil Corp. Class A 240 5,580 Jack Henry & Associates, Inc. 216 4,247 Molex, Inc. 150 5,035 Molex, Inc. Class A 141 4,051 MoneyGram International, Inc. 108 3,667 National Instruments Corp. 144 3,946 Plantronics, Inc. 66 1,466 Reynolds & Reynolds Co. (The) Class A 237 7,269 Sabre Holdings Corp. Class A 552 12,144 See Notes to Schedule of Investments. 10 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Symbol Technologies, Inc. 117 $ 1,262 Tektronix, Inc. 135 3,972 Total System Services, Inc. 585 11,261 ----------- Total Information Technology 119,257 ----------- Materials - 7.0% Airgas, Inc. 117 4,358 Albemarle Corp. 171 8,187 Allegheny Technologies, Inc. 162 11,217 Aptargroup, Inc. 126 6,251 Ashland, Inc. 270 18,009 Ball Corp. 234 8,667 Bemis Co. 624 19,107 Bowater, Inc. 375 8,531 Cabot Corp. 294 10,149 Carpenter Technology Corp. 39 4,504 Celanese Corp. Series A 297 6,065 Chemtura Corp. 1,005 9,387 Cleveland-Cliffs, Inc. 48 3,806 Commercial Metals Co. 216 5,551 Cytec Industries, Inc. 75 4,024 Eagle Materials, Inc. 138 6,555 Eastman Chemical Co. 693 37,422 Florida Rock Industries, Inc. 174 8,643 FMC Corp. 111 7,147 International Flavors & Fragrances, Inc. 483 17,021 Louisiana-Pacific Corp. 576 12,614 Lubrizol Corp. 411 16,378 Lyondell Chemical Co. 2,760 62,542 Martin Marietta Materials, Inc. 96 8,750 MeadWestvaco Corp. 1,500 41,895 Packaging Corp. of America 1,143 25,169 Quanex Corp. 99 4,264 Reliance Steel & Aluminum Co. 33 2,737 RPM International, Inc. 1,035 18,630 Scotts Miracle-Gro Co. (The) Class A 183 7,745 Sealed Air Corp. 210 10,937 Sigma-Aldrich Corp. 210 15,254 Sonoco Products Co. 663 20,984 See Notes to Schedule of Investments. 11 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Steel Dynamics, Inc. 93 $ 6,114 Temple-Inland, Inc. 615 26,365 United States Steel Corp. 177 12,411 Valhi, Inc. 648 15,908 Valspar Corp. (The) 396 10,458 Westlake Chemical Corp. 51 1,520 Worthington Industries, Inc. 738 15,461 ----------- Total Materials 540,737 ----------- Telecommunication Services - 1.9% CenturyTel, Inc. 183 6,798 Citizens Communications Co. 6,108 79,709 PanAmSat Holding Corp. 2,079 51,933 Telephone & Data Systems, Inc. 117 4,844 Telephone & Data Systems, Inc. Special Shares 141 5,485 ----------- Total Telecommunication Services 148,769 ----------- Utilities - 14.3% AGL Resources, Inc. 789 30,077 Alliant Energy Corp. 1,056 36,221 Aqua America Inc. 489 11,144 Atmos Energy Corp. 957 26,710 CenterPoint Energy, Inc. 3,858 48,225 DPL, Inc. 1,158 31,034 DTE Energy Co. 2,253 91,787 Energen Corp. 228 8,757 Energy East Corp. 1,740 41,638 Equitable Resources, Inc. 681 22,813 Great Plains Energy, Inc. 1,086 30,256 Hawaiian Electric Industries, Inc. 915 25,538 KeySpan Corp. 1,959 79,144 MDU Resources Group, Inc. 672 24,602 National Fuel Gas Co. 738 25,933 Nicor, Inc. 513 21,289 NiSource, Inc. 3,063 66,896 Northeast Utilities 1,359 28,091 NSTAR 1,116 31,918 OGE Energy Corp. 1,023 35,836 ONEOK, Inc. 1,005 34,210 Piedmont Natural Gas Co., Inc. 753 18,298 See Notes to Schedule of Investments. 12 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Pinnacle West Capital Corp. 1,251 $ 49,927 PNM Resources, Inc. 612 15,276 Puget Energy, Inc. 1,350 28,998 Questar Corp. 270 21,732 SCANA Corp. 1,215 46,875 Southern Union Co. 444 12,015 TECO Energy, Inc. 2,424 36,215 UGI Corp. 828 20,385 Vectren Corp. 870 23,707 Westar Energy, Inc. 1,029 21,660 Wisconsin Energy Corp. 666 26,840 WPS Resources Corp. 456 22,618 ----------- Total Utilities 1,096,665 ----------- TOTAL COMMON STOCKS (Cost: $7,381,626) 7,656,541 =========== SHORT-TERM INVESTMENT - 0.3% MONEY MARKET FUND - 0.3% Columbia Cash Reserves Fund, 4.71%* (Cost: $20,505) 20,505 20,505 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.8% (Cost: $7,402,131)** 7,677,046 =========== Cash and Other Assets in Excess of Liabilities - 0.2% 15,159 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $ 7,692,205 ================================================================================ * Rate shown represents annualized 7-day yield as of June 30, 2006. **Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 13 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.4% Consumer Discretionary - 11.9% Aaron Rents, Inc. 51 $ 1,371 Advo, Inc. 255 6,276 Aldila, Inc. 57 1,443 Ambassadors Group, Inc. 165 4,765 American Axle & Manufacturing Holdings, Inc. 1,053 18,017 American Greetings Corp. Class A 519 10,904 Ameristar Casinos, Inc. 480 9,336 Arbitron, Inc. 216 8,279 Arctic Cat, Inc. 87 1,697 ArvinMeritor, Inc. 1,116 19,184 Bandag, Inc. 174 6,367 Bandag, Inc. Class A 207 6,417 Bassett Furniture Industries, Inc. 279 5,164 Big 5 Sporting Goods Corp. 192 3,744 Blair Corp. 66 1,964 Blyth, Inc. 531 9,802 Bob Evans Farms, Inc. 342 10,263 Bon-Ton Stores, Inc. (The) 27 591 Books-A-Million, Inc. 270 4,504 Brookfield Homes Corp. 126 4,152 Brown Shoe Co., Inc. 150 5,112 Buckle, Inc. (The) 192 8,039 Building Material Holding Corp. 192 5,351 Cadmus Communications Corp. 78 1,363 Callaway Golf Co. 735 9,548 Carmike Cinemas, Inc. 210 4,427 Catalina Marketing Corp. 366 10,416 Cato Corp. (The) Class A 393 10,159 CBS Corp. Class A 1,017 27,520 Cherokee, Inc. 309 12,780 Christopher & Banks Corp. 147 4,263 Churchill Downs, Inc. 102 3,820 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Citadel Broadcasting Corp. 4,293 $ 38,208 CKE Restaurants, Inc. 324 5,382 Coachmen Industries, Inc. 195 2,328 Collegiate Pacific, Inc. 54 581 Cooper Tire & Rubber Co. 1,059 11,797 Courier Corp. 78 3,122 CPI Corp. 147 4,513 CSS Industries, Inc. 90 2,588 Cutter & Buck, Inc. 147 1,686 DEB Shops, Inc. 144 3,472 Delta Apparel, Inc. 45 771 Dover Downs Gaming & Entertainment, Inc. 94 1,846 Entercom Communications Corp. 1,074 28,096 Escalade, Inc. 138 1,794 Ethan Allen Interiors, Inc. 333 12,171 Finish Line Class A 153 1,810 Fred's, Inc. 144 1,922 Frisch's Restaurants, Inc. 63 1,495 Furniture Brands International, Inc. 765 15,943 Gray Television, Inc. 363 2,102 Group 1 Automotive, Inc. 156 8,789 Handleman Co. 396 3,227 Haverty Furniture Cos., Inc. 201 3,154 Hearst-Argyle Television, Inc. 363 8,008 Hollinger International, Inc. Class A 1,068 8,576 IHOP Corp. 225 10,818 International Speedway Corp. Class A 21 974 Jackson Hewitt Tax Service, Inc. 210 6,584 Journal Communications, Inc. Class A 543 6,103 Journal Register Co. 156 1,398 Kellwood Co. 309 9,044 Kenneth Cole Productions, Inc. Class A 186 4,153 Kimball International, Inc. Class B 624 12,299 K-Swiss, Inc. Class A 102 2,723 Landry's Restaurants, Inc. 72 2,336 See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- La-Z-Boy Inc. 789 $ 11,046 Lee Enterprises, Inc. 498 13,421 Levitt Corp. Class A 39 624 Lifetime Brands, Inc. 66 1,430 Lithia Motors, Inc. Class A 129 3,911 Lone Star Steakhouse & Saloon, Inc. 354 9,285 M/I Homes, Inc. 18 631 Marcus Corp. 195 4,072 Marine Products Corp. 408 3,970 Matthews International Corp. Class A 99 3,413 McClatchy Co. Class A 180 7,222 Media General, Inc. Class A 261 10,933 Modine Manufacturing Co. 468 10,932 Monaco Coach Corp. 315 4,001 Monro Muffler, Inc. 45 1,465 Movado Group, Inc. 93 2,134 National Presto Industries, Inc. 75 3,921 Nautilus, Inc. 519 8,153 Noble International Ltd. 132 1,890 Oakley, Inc. 384 6,470 Orleans Homebuilders, Inc. 42 683 Oxford Industries, Inc. 123 4,847 PEP Boys-Manny, Moe & Jack (The) 570 6,686 Pier 1 Imports, Inc. 1,764 12,313 Pre-Paid Legal Services, Inc. 303 10,454 Reader's Digest Association, Inc. (The) 1,551 21,652 Regal Entertainment Group Class A 2,439 49,560 Regis Corp. 126 4,487 Russ Berrie & Co., Inc. 324 3,972 Russell Corp. 228 4,140 Sauer-Danfoss, Inc. 690 17,540 Sinclair Broadcast Group, Inc. Class A 1,371 11,736 Skyline Corp. 84 3,594 Sonic Automotive, Inc. 309 6,854 Spartan Motors, Inc. 144 2,215 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Stage Stores, Inc. 51 $ 1,683 Standard Motor Products, Inc. 441 3,678 Stanley Furniture Co., Inc. 78 1,870 Stein Mart, Inc. 372 5,506 Stewart Enterprises, Inc. Class A 1,089 6,262 Stride Rite Corp. 360 4,748 Sturm Ruger & Co., Inc. 795 4,969 Superior Industries International, Inc. 519 9,493 Talbots, Inc. 567 10,461 Tarragon Corp. 84 1,163 Technical Olympic USA, Inc. 105 1,508 Triarc Cos., Inc. Class A 246 4,017 Triarc Cos., Inc. Class B 636 9,941 Tuesday Morning Corp. 846 11,125 Tupperware Brands Corp. 1,530 30,126 Unifirst Corp. 24 828 Value Line, Inc. 159 6,789 Westwood One, Inc. 1,836 13,770 Weyco Group, Inc. 66 1,533 Winnebago Industries 228 7,077 Wolverine World Wide, Inc. 435 10,148 World Wrestling Entertainment, Inc. 747 12,617 Xerium Technologies, Inc. 2,475 23,314 Yankee Candle Co., Inc. 234 5,852 ----------- Total Consumer Discretionary 924,986 ----------- Consumer Staples - 3.5% Alico, Inc. 93 5,125 American Italian Pasta Co. Class A 1,305 11,171 Andersons Inc. (The) 42 1,748 Arden Group, Inc. Class A 21 2,377 Cal-Maine Foods, Inc. 84 577 Casey's General Stores, Inc. 234 5,852 Chiquita Brands International, Inc. 591 8,144 Coca-Cola Bottling Co. Consolidated 84 4,265 Delta & Pine Land Co. 420 12,348 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Farmer Bros. Co. 180 $ 3,902 Imperial Sugar Co. 48 1,139 Ingles Markets, Inc. Class A 264 4,488 Inter Parfums, Inc. 99 1,705 J&J Snack Foods Corp. 99 3,274 Lancaster Colony Corp. 489 19,301 Lance, Inc. 507 11,671 Mannatech, Inc. 288 3,632 MGP Ingredients, Inc. 87 2,020 Nash Finch Co. 189 4,024 Nu Skin Enterprises, Inc. Class A 945 14,033 Pilgrim's Pride Corp. 165 4,257 Premium Standard Farms, Inc. 255 4,139 Reddy Ice Holdings, Inc. 882 17,949 Reliv' International, Inc. 57 563 Ruddick Corp. 507 12,427 Sanderson Farms, Inc. 252 7,053 Spartan Stores, Inc. 192 2,809 Tootsie Roll Industries, Inc. 219 6,379 Topps Co., Inc. (The) 429 3,526 Universal Corp. 711 26,463 Vector Group Ltd. 2,472 40,170 WD-40 Co. 279 9,366 Weis Markets, Inc. 414 17,057 ----------- Total Consumer Staples 272,954 ----------- Energy - 1.0% Adams Resources & Energy, Inc. 33 1,081 Alon USA Energy, Inc. 180 5,665 Barnwell Industries, Inc. 42 1,007 Berry Petroleum Co. Class A 189 6,265 CARBO Ceramics, Inc. 102 5,011 Crosstex Energy, Inc. 219 20,823 Gulf Island Fabrication, Inc. 105 2,104 Lufkin Industries, Inc. 69 4,101 Maritrans, Inc. 129 3,212 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- MarkWest Hydrocarbon, Inc. 153 $ 3,787 NGP Capital Resources Co. 483 7,066 Panhandle Royalty Co. Class A 33 619 Penn Virginia Corp. 69 4,822 RPC, Inc. 336 8,158 World Fuel Services Corp. 60 2,741 ----------- Total Energy 76,462 ----------- Financials - 58.9% 1st Source Corp. 228 7,713 1st State Bancorp., Inc. 126 2,996 21st Century Holding Co. 123 1,609 21st Century Insurance Group 1,026 14,774 Aames Investment Corp. 8,745 43,638 Abington Community Bancorp, Inc. 138 2,067 Acadia Realty Trust 588 13,906 Advance America, Cash Advance Centers, Inc. 1,488 26,100 Advanta Corp. Class A 75 2,459 Advanta Corp. Class B 165 5,932 Affirmative Insurance Holdings, Inc. 51 798 Agree Realty Corp. 276 9,376 Alabama National Bancorp. 222 15,129 Alfa Corp. 1,107 18,332 AMCORE Financial, Inc. 342 10,024 American Bancorp of New Jersey, Inc. 123 1,462 American Campus Communities, Inc. 528 13,121 American Equity Investment Life Holding Co. 90 959 American Financial Realty Trust 7,074 68,476 American First Apartment Investors, Inc. 450 6,696 American Home Mortgage Investment Corp. 3,420 126,061 American Land Lease, Inc. 168 4,116 American Mortgage Acceptance Co. 489 7,208 American River Bankshares 69 1,865 Ameris Bancorp 183 4,235 Anchor Bancorp Wisconsin, Inc. 270 8,146 Annaly Mortgage Management, Inc. 2,646 33,895 Anthracite Capital, Inc. 3,429 41,697 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Anworth Mortgage Asset Corp. 270 $ 2,241 Apollo Investment Corp. 4,683 86,542 Arbor Realty Trust, Inc. 1,047 26,227 Ares Capital Corp. 1,848 31,287 Arrow Financial Corp. 216 5,925 Ashford Hospitality Trust, Inc. 2,133 26,918 Associated Estates Realty Corp. 609 7,552 Asta Funding, Inc. 39 1,461 Baldwin & Lyons, Inc. Class B 108 2,754 BancFirst Corp. 135 6,041 Bancorp Rhode Island, Inc. 48 1,915 BancTrust Financial Group, Inc. 156 3,661 Bank Mutual Corp. 867 10,595 Bank of Granite Corp. 210 4,374 Bank of the Ozarks, Inc. 108 3,596 BankAtlantic Bancorp, Inc. Class A 354 5,253 Bankunited Financial Corp. Class A 15 458 Banner Corp. 153 5,897 Berkshire Hills Bancorp, Inc. 81 2,874 Beverly Hills Bancorp, Inc. 594 5,714 BioMed Realty Trust, Inc. 1,083 32,425 BKF Capital Group, Inc. 189 1,181 BNP Residential Properties, Inc. 381 6,496 Boston Private Financial Holdings, Inc. 195 5,441 Bristol West Holdings, Inc. 261 4,176 Brooke Corp. 432 5,184 Brookline Bancorp, Inc. 798 10,988 BRT Realty Trust 378 9,696 Bryn Mawr Bank Corp. 102 2,260 BWC Financial Corp. 27 1,198 Cadence Financial Corp. 210 4,677 Calamos Asset Management, Inc. Class A 132 3,827 Camden National Corp. 102 4,070 Capital Bank Corp. 105 1,706 Capital City Bank Group, Inc. 201 6,070 See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Capital Corp of the West 33 $ 1,056 Capital Lease Funding, Inc. 1,185 13,521 Capital Southwest Corp. 18 1,880 Capital Title Group, Inc. 180 1,327 Capital Trust, Inc. Class A 699 24,898 Capitol Bancorp Ltd. 162 6,310 Capstead Mortgage Corp. 129 979 Cardinal Financial Corp. 42 488 Cash America International, Inc. 57 1,824 Cedar Shopping Centers, Inc. 1,005 14,794 Center Bancorp, Inc. 240 3,475 Center Financial Corp. 63 1,489 CentraCore Properties Trust 477 11,806 Central Pacific Financial Corp. 411 15,906 CFS Bancorp, Inc. 225 3,339 Charter Financial Corp. 555 21,900 Chemical Financial Corp. 507 15,514 Chittenden Corp. 690 17,837 Citizens Banking Corp. 1,077 26,290 Citizens First Bancorp, Inc. 63 1,683 City Holding Co. 324 11,709 Clark, Inc. 210 2,772 Clifton Savings Bancorp, Inc. 336 3,639 CoBiz, Inc. 129 2,905 Cogdell Spencer Inc. 300 5,853 Cohen & Steers, Inc. 381 8,992 Columbia Banking System, Inc. 147 5,495 Commercial Bankshares, Inc. 81 2,995 Commercial Capital Bancorp, Inc. 741 11,671 Commonwealth Bankshares 23 599 Community Bancorp, Inc. 48 2,031 Community Bank System, Inc. 600 12,102 Community Banks, Inc. 774 20,124 Community Trust Bancorp, Inc. 270 9,431 Consolidated-Tomoka Land Co. 18 993 See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Crawford & Co. Class B 582 $ 4,179 CVB Financial Corp. 759 11,886 Delphi Financial Group, Inc. Class A 195 7,090 Delta Financial Corp. 252 2,482 Desert Community Bank 24 444 DiamondRock Hospitality Co. 2,016 29,857 Digital Realty Trust, Inc. 606 14,962 Dime Community Bancshares 849 11,521 Direct General Corp. 114 1,929 Donegal Group, Inc. Class A 129 2,504 Eagle Hospitality Properties Trust, Inc. 714 6,876 EastGroup Properties, Inc. 537 25,067 Education Realty Trust, Inc. 1,212 20,180 EMC Insurance Group, Inc. 186 5,349 Entertainment Properties Trust 1,017 43,782 Equity Inns, Inc. 1,509 24,989 Equity Lifestyle Properties, Inc. 81 3,550 Extra Space Storage, Inc. 1,617 26,260 FBL Financial Group, Inc. Class A 222 7,193 FelCor Lodging Trust, Inc. 1,008 21,914 Feldman Mall Properties, Inc. 552 6,050 Fidelity Bankshares, Inc. 141 4,487 Fidelity National Title Group Inc. Class A 936 18,411 Fidelity Southern Corp. 99 1,760 Fieldstone Investment Corp. 4,686 42,924 Financial Federal Corp. 219 6,090 Financial Institutions, Inc. 114 2,378 First Bancorp 270 5,670 First Busey Corp. 384 7,860 First Charter Corp. 561 13,761 First Commonwealth Financial Corp. 1,929 24,498 First Community Bancorp 258 15,243 First Community Bancshares, Inc. 216 7,126 First Defiance Financial Corp. 156 4,111 First Financial Bancorp 900 13,419 See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- First Financial Bankshares, Inc. 357 $ 13,045 First Financial Corp. 222 6,662 First Financial Holdings, Inc. 216 6,912 First Indiana Corp. 288 7,497 First Merchants Corp. 378 9,189 First Oak Brook Bancshares, Inc. 156 5,772 First Place Financial Corp. 201 4,625 First Potomac Realty Trust 531 15,818 First Republic Bank 207 9,481 First Security Group, Inc. 93 1,079 First United Corp. 120 2,478 Firstbank Corp. 138 3,186 FirstBank NW Corp. 75 1,970 Flag Financial Corp. 135 2,626 Flagstar Bancorp, Inc. 1,482 23,653 Flushing Financial Corp. 288 5,172 F.N.B. Corp. 1,866 29,427 FNB Corp. 102 3,774 FNB Financial Services Corp. 126 1,910 FNB United Corp. 111 2,020 Forest City Enterprises, Inc. Class B 78 3,882 Franklin Street Properties Corp. 2,070 40,738 Friedman Billings Ramsey Group, Inc. Class A 8,079 88,627 Frontier Financial Corp. 375 12,746 GAMCO Investors, Inc. Class A 9 331 Gateway Financial Holdings, Inc. 42 637 GB&T Bancshares, Inc. 117 2,546 German American Bancorp, Inc. 270 3,499 Getty Realty Corp. 912 25,937 Glacier Bancorp, Inc. 393 11,503 Gladstone Capital Corp. 504 10,781 Gladstone Investment Corp. 543 8,145 Glenborough Realty Trust, Inc. 1,227 26,430 Glimcher Realty Trust 1,461 36,247 See Notes to Schedule of Investments. 10 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- GMH Communities Trust 1,830 $ 24,119 Government Properties Trust, Inc. 768 7,288 Gramercy Capital Corp. 1,080 27,972 Great American Financial Resources, Inc. 141 2,951 Great Southern Bancorp, Inc. 159 4,854 Greater Bay Bancorp 672 19,320 Greene County Bancshares, Inc. 93 2,879 Hancock Holding Co. 324 18,144 Hanmi Financial Corp. 384 7,465 Harbor Florida Bancshares, Inc. 411 15,265 Harleysville Group, Inc. 426 13,513 Harleysville National Corp. 543 11,517 Heartland Financial USA, Inc. 150 3,998 Hercules Technology Growth Capital, Inc. 606 7,333 Heritage Commerce Corp. 54 1,339 Heritage Financial Corp. 102 2,687 Hersha Hospitality Trust 885 8,222 Highland Hospitality Corp. 1,755 24,710 Hilb Rogal & Hobbs Co. 237 8,833 HMN Financial, Inc. 72 2,506 Home Federal Bancorp 60 1,680 Home Federal Bancorp, Inc. 144 1,967 HomeBanc Corp. 4,257 33,801 Horace Mann Educators Corp. 567 9,611 Horizon Financial Corp. 135 3,703 IBERIABANK Corp. 114 6,560 IMPAC Mortgage Holdings, Inc. 4,659 52,088 Independence Holding Co. 18 403 Independent Bank Corp./MA 180 5,845 Independent Bank Corp./MI 360 9,468 Infinity Property & Casualty Corp. 87 3,567 Inland Real Estate Corp. 2,346 34,908 Innkeepers USA Trust 897 15,500 Integra Bank Corp. 288 6,264 Interchange Financial Services Corp. 252 5,670 See Notes to Schedule of Investments. 11 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- International Securities Exchange, Inc. 108 $ 4,112 Investors Real Estate Trust 1,890 17,067 Irwin Financial Corp. 384 7,446 ITLA Capital Corp. 39 2,051 JER Investors Trust, Inc. 1,203 18,707 Kearny Financial Corp. 624 9,235 K-Fed Bancorp 189 2,739 Kite Realty Group Trust 792 12,347 KNBT Bancorp, Inc. 297 4,906 Lakeland Bancorp, Inc. 321 5,030 Lakeland Financial Corp. 141 3,425 LandAmerica Financial Group, Inc. 111 7,171 Leesport Financial Corp. 87 2,001 Legacy Bancorp, Inc. 48 743 Lexington Corporate Properties Trust 2,184 47,174 LNB Bancorp, Inc. 144 2,668 Longview Fibre Co. 1,167 22,278 LTC Properties, Inc. 849 18,975 Luminent Mortgage Capital, Inc. 597 5,528 Macatawa Bank Corp. 185 4,315 MAF Bancorp, Inc. 459 19,664 MainSource Financial Group, Inc. 252 4,392 MB Financial, Inc. 285 10,078 MBT Financial Corp. 408 6,528 MCG Capital Corp. 3,750 59,625 Medallion Financial Corp. 483 6,260 Medical Properties Trust, Inc. 1,833 20,236 Mercantile Bancorp 45 1,004 Mercantile Bank Corp. 57 2,271 Merchants Bancshares, Inc. 171 4,130 MetroCorp Bancshares, Inc. 39 1,142 MFA Mortgage Investments, Inc. 1,488 10,237 Mid-America Apartment Communities, Inc. 570 31,778 Midland Co. (The) 78 2,962 Mid-State Bancshares 324 9,072 See Notes to Schedule of Investments. 12 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Midwest Banc Holdings, Inc. 240 $ 5,340 Mission West Properties, Inc. 594 6,582 Monmouth REIT Class A 816 6,577 MortgageIT Holdings, Inc. 1,569 18,922 Municipal Mortgage & Equity, LLC 1,674 45,466 MVC Capital, Inc. 441 5,927 Nara Bancorp, Inc. 93 1,744 National Health Investors, Inc. 1,239 33,317 National Health Realty, Inc. 393 7,447 National Penn Bancshares, Inc. 852 16,921 National Retail Properties, Inc. 1,836 36,628 Nationwide Health Properties, Inc. 2,859 64,356 NBT Bancorp, Inc. 663 15,401 Netbank, Inc. 306 2,029 Newcastle Investment Corp. 2,709 68,592 Newkirk Realty Trust, Inc. 1,011 17,551 NorthStar Realty Finance Corp. 1,779 21,366 Northwest Bancorp, Inc. 765 20,272 Novastar Financial, Inc. 3,222 101,847 NYMAGIC, Inc. 42 1,220 Oak Hill Financial, Inc. 81 2,064 OceanFirst Financial Corp. 243 5,399 Odyssey Re Holdings Corp. 234 6,166 Old National Bancorp 1,548 30,914 Old Second Bancorp, Inc. 126 3,906 Omega Financial Corp. 273 8,548 Omega Healthcare Investors, Inc. 2,217 29,309 One Liberty Properties, Inc. 390 7,410 Opteum, Inc. Class A 708 6,386 Origen Financial, Inc. 594 3,813 Pacific Continental Corp. 120 1,980 Park National Corp. 285 28,161 Parkway Properties, Inc. 498 22,659 Partners Trust Financial Group, Inc. 705 8,044 Patriot Capital Funding, Inc. 663 7,359 See Notes to Schedule of Investments. 13 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Peapack Gladstone Financial Corp. 108 $ 2,796 Pennfed Financial Services, Inc. 114 2,126 Peoples Bancorp, Inc. 165 4,924 PFF Bancorp, Inc. 288 9,550 Placer Sierra Bancshares 150 3,479 PMC Commercial Trust 558 7,098 Potlatch Corp. 1,044 39,411 Preferred Bank 60 3,217 Presidential Life Corp. 273 6,710 PrivateBancorp, Inc. 72 2,982 Prospect Energy Corp. 306 5,199 Prosperity Bancshares, Inc. 216 7,104 Provident Bankshares Corp. 609 22,162 Provident Financial Holdings, Inc. 72 2,160 Provident Financial Services, Inc. 810 14,540 Provident New York Bancorp 390 5,156 Prudential Bancorp, Inc. of Pennsylvania 87 1,140 PS Business Parks, Inc. 261 15,399 Public Storage, Inc. Class A 465 12,416 Pulaski Financial Corp. 108 1,799 Rainier Pacific Financial Group, Inc. 57 1,056 RAIT Investment Trust 1,422 41,522 Ramco-Gershenson Properties 588 15,835 Redwood Trust, Inc. 948 46,291 Renasant Corp. 153 6,174 Republic Bancorp, Inc. 1,614 19,997 Republic Bancorp, Inc. Class A 168 3,461 Republic Cos. Group, Inc. 228 4,038 Resource America, Inc. Class A 126 2,400 Riverview Bancorp, Inc. 87 2,279 RLI Corp. 180 8,672 Rome Bancorp, Inc. 147 1,895 Royal Bancshares of Pennsylvania Class A 282 6,847 S&T Bancorp, Inc. 492 16,349 S.Y. Bancorp, Inc. 183 5,029 Safety Insurance Group, Inc. 147 6,990 See Notes to Schedule of Investments. 14 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Sanders Morris Harris Group, Inc. 126 $ 1,904 Sandy Spring Bancorp, Inc. 201 7,248 Saul Centers, Inc. 378 15,415 Saxon Capital, Inc. 5,655 64,693 SCBT Financial Corp. 102 3,636 Seacoast Banking Corp. of Florida 207 5,512 Security Bank Corp. 102 2,272 Selective Insurance Group, Inc. 276 15,420 Senior Housing Properties Trust 2,994 53,622 Sierra Bancorp 117 3,068 Simmons First National Corp. Class A 180 5,222 Sizeler Property Investors, Inc. 345 5,541 Sound Federal Bancorp, Inc. 108 2,245 Southern Community Financial Corp. 135 1,309 Southside Bancshares, Inc. 150 3,348 Southwest Bancorp, Inc. 126 3,213 Sovran Self Storage, Inc. 462 23,465 Spirit Finance Corp. 3,327 37,462 State Auto Financial Corp. 255 8,298 State Bancorp, Inc. 255 4,401 State National Bancshares, Inc. 105 4,001 Sterling Bancorp 408 7,956 Sterling Bancshares, Inc. 417 7,819 Sterling Financial Corp./PA 435 9,526 Sterling Financial Corp./WA 171 5,217 Stewart Information Services Corp. 162 5,882 Strategic Hotels & Resorts, Inc. 1,377 28,559 Suffolk Bancorp 156 5,109 Summit Bancshares, Inc. 123 2,609 Summit Bank Corp. 111 1,738 Sun Communities, Inc. 759 24,690 Susquehanna Bancshares, Inc. 1,029 24,593 SWS Group, Inc. 174 4,197 Synergy Financial Group, Inc. 93 1,395 See Notes to Schedule of Investments. 15 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Tanger Factory Outlet Centers, Inc. 681 $ 22,044 Taylor Capital Group, Inc. 39 1,591 Technology Investment Capital Corp. 942 13,800 Texas United Bancshares, Inc. 81 2,280 Thomas Properties Group, Inc. 150 1,764 TIB Financial Corp. 54 1,728 TierOne Corp. 75 2,533 Tompkins Trustco, Inc. 147 6,321 Tower Group, Inc. 51 1,543 Trico Bancshares 159 4,353 TrustCo Bank Corp 2,322 25,588 Trustreet Properties Inc. 3,456 45,585 UMB Financial Corp. 360 12,002 UMH Properties, Inc. 375 5,700 Umpqua Holdings Corp. 525 13,466 Union Bankshares Corp. 102 4,400 United Community Financial Corp. 546 6,552 United Fire & Casualty Co. 204 6,146 United Security Bancshares 135 2,888 Universal Health Realty Income Trust 426 13,355 Univest Corp. of Pennsylvania 228 6,297 Urstadt Biddle Properties, Inc. Class A 555 9,041 USB Holding Co., Inc. 315 7,087 U-Store-It Trust 1,938 36,551 Vineyard National Bancorp 60 1,614 Virginia Financial Group, Inc. 93 3,926 Washington Real Estate Investment Trust 1,104 40,517 Washington Trust Bancorp, Inc. 213 5,904 WesBanco, Inc. 417 12,923 West Bancorp, Inc. 318 5,937 West Coast Bancorp 132 3,890 Westfield Financial, Inc. 141 4,089 Willow Grove Bancorp, Inc. 237 3,771 Wilshire Bancorp, Inc. 183 3,298 Windrose Medical Properties Trust 624 9,110 Winston Hotels, Inc. 834 10,216 See Notes to Schedule of Investments. 16 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Wintrust Financial Corp. 66 $ 3,356 WSFS Financial Corp. 18 1,106 Yardville National Bancorp 78 2,787 ----------- Total Financials 4,581,961 ----------- Health Care - 1.6% Alpharma, Inc. Class A 168 4,039 Analogic Corp. 48 2,237 Arrow International, Inc. 549 18,046 Cambrex Corp. 99 2,062 Chemed Corp. 63 3,435 Clinical Data, Inc. 36 577 CNS, Inc. 93 2,279 Computer Programs & Systems, Inc. 183 7,313 Datascope Corp. 60 1,850 Diagnostic Products Corp. 105 6,108 Invacare Corp. 30 746 LCA-Vision Inc. 117 6,190 Meridian Bioscience, Inc. 261 6,512 National Healthcare Corp. 111 4,945 Option Care, Inc. 111 1,330 Owens & Minor, Inc. 432 12,355 Perrigo Co. 573 9,225 PolyMedica Corp. 192 6,904 Utah Medical Products, Inc. 51 1,531 Valeant Pharmaceuticals International 1,071 18,121 Vital Signs, Inc. 39 1,932 West Pharmaceutical Services, Inc. 261 9,469 Young Innovations, Inc. 24 846 ----------- Total Health Care 128,052 ----------- Industrials - 7.0% A.O. Smith Corp. 159 7,371 AAON, Inc. 123 3,156 ABM Industries, Inc. 666 11,389 Aceto Corp. 294 2,034 Administaff, Inc. 108 3,867 Alamo Group, Inc. 60 1,263 Albany International Corp. Class A 159 6,740 See Notes to Schedule of Investments. 17 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Ambassadors International, Inc. 141 $ 3,278 American Ecology Corp. 309 8,189 American Woodmark Corp. 33 1,156 Ameron International Corp. 57 3,820 Ampco-Pittsburgh Corp. 117 3,352 Angelica Corp. 120 2,105 Apogee Enterprises, Inc. 252 3,704 Applied Industrial Technologies, Inc. 351 8,533 Applied Signal Technology, Inc. 174 2,965 Arkansas Best Corp. 228 11,448 Badger Meter, Inc. 84 2,268 Baldor Electric Co. 369 11,546 Banta Corp. 198 9,173 Barnes Group, Inc. 621 12,389 BlueLinx Holdings, Inc. 561 7,310 Bowne & Co., Inc. 252 3,604 Bucyrus International, Inc. Class A 57 2,879 C&D Technologies, Inc. 87 654 Cascade Corp. 81 3,204 CDI Corp. 165 4,785 Central Parking Corp. 69 1,104 CIRCOR International, Inc. 48 1,464 Comfort Systems USA, Inc. 246 3,515 Cubic Corp. 120 2,353 Curtiss-Wright Corp. 186 5,744 Deluxe Corp. 1,839 32,146 EDO Corp. 45 1,095 ElkCorp. 69 1,916 Ennis, Inc. 477 9,387 Federal Signal Corp. 369 5,587 Forward Air Corp. 141 5,743 Franklin Electric Co., Inc. 99 5,112 Freightcar America, Inc. 15 833 G&K Services, Inc. Class A 21 720 Gorman-Rupp Co. (The) 147 3,910 See Notes to Schedule of Investments. 18 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Greenbrier Cos., Inc. 72 $ 2,357 Hardinge Inc. 39 603 Healthcare Services Group Inc. 273 5,719 Heico Corp. 15 425 Heico Corp. Class A 24 569 Horizon Lines, Inc. Class A 672 10,765 Hubbell, Inc. Class A 144 6,277 Insteel Industries, Inc. 42 1,016 International Aluminum Corp. 72 2,736 Interpool, Inc. 264 5,866 John H. Harland Co. 243 10,571 Kaman Corp. 279 5,078 Kaydon Corp. 198 7,387 Kelly Services, Inc. Class A 279 7,580 Knoll, Inc. 588 10,796 Lawson Products 105 4,139 Lindsay Manufacturing Co. 60 1,627 LSI Industries, Inc. 333 5,658 Macquarie Infrastructure Co. Trust 981 27,066 McGrath Rentcorp 315 8,760 Met-Pro Corp. 126 1,576 Mine Safety Appliances Co. 285 11,457 Mueller Industries, Inc. 243 8,026 Multi-Color Corp. 24 720 NACCO Industries, Inc. Class A 45 6,183 Pacer International, Inc. 405 13,195 Portec Rail Products, Inc. 84 1,179 Preformed Line Products Co. 78 2,956 PW Eagle, Inc. 72 2,177 Quixote Corp. 75 1,352 Raven Industries, Inc. 99 3,119 Regal-Beloit Corp. 222 9,801 Robbins & Myers, Inc. 87 2,274 Rollins, Inc. 501 9,840 Schawk, Inc. 75 1,313 Standard Register Co. (The) 843 9,990 See Notes to Schedule of Investments. 19 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Standex International Corp. 195 $ 5,918 Steelcase Inc. Class A 885 14,558 Sun Hydraulics Corp. 123 2,556 Synagro Technologies, Inc. 3,468 13,629 Sypris Solutions, Inc. 138 1,304 Tennant Co. 90 4,525 Titan International, Inc. 12 225 Todd Shipyards Corp. 60 1,380 Tredegar, Corp. 228 3,607 Twin Disc, Inc. 48 1,469 UAP Holding Corp. 1,038 22,639 United Industrial Corp. 42 1,901 Universal Forest Products, Inc. 18 1,129 Valmont Industries, Inc. 120 5,579 Viad Corp. 60 1,878 Vicor Corp. 108 1,790 Wabash National Corp. 168 2,580 Waste Industries USA, Inc. 60 1,361 Watts Water Technologies, Inc. Class A 147 4,932 Werner Enterprises, Inc. 411 8,331 Woodward Governor Co. 243 7,414 ----------- Total Industrials 541,669 ----------- Information Technology - 2.0% Agilysys, Inc. 144 2,592 American Software, Inc. Class A 471 3,165 Bel Fuse, Inc. Class B 30 984 Belden CDT, Inc. 186 6,147 Black Box Corp. 51 1,955 Blackbaud, Inc. 339 7,695 Cognex Corp. 300 7,809 Cohu, Inc. 150 2,632 CTS Corp. 189 2,814 Daktronics, Inc. 60 1,732 Frequency Electronics, Inc. 72 935 Gevity HR, Inc. 231 6,133 Imation Corp. 231 9,482 See Notes to Schedule of Investments. 20 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Integral Systems, Inc. 48 $ 1,288 Inter-Tel, Inc. 231 4,865 Keithley Instruments, Inc. 81 1,031 Landauer, Inc. 192 9,197 MAXIMUS, Inc. 141 3,264 Methode Electronics, Inc. 405 4,257 MTS Systems Corp. 111 4,386 Park Electrochemical Corp. 129 3,322 QAD, Inc. 255 1,976 Renaissance Learning, Inc. 198 2,683 Richardson Electronics Ltd. 144 1,058 Spectralink Corp.* 363 3,202 Startek, Inc. 528 7,894 Syntel, Inc. 309 6,322 Talx Corp. 108 2,362 Technitrol, Inc. 351 8,126 TheStreet.com, Inc. 207 2,654 United Online, Inc. 2,328 27,936 Woodhead Industries, Inc. 177 3,388 X-Rite, Inc. 93 1,022 ----------- Total Information Technology 154,308 ----------- Materials - 4.1% A. Schulman, Inc. 426 9,751 AMCOL International Corp. 267 7,035 American Vanguard Corp. 69 1,068 Arch Chemicals, Inc. 372 13,411 Balchem Corp. 27 608 Calgon Carbon Corp. 459 2,795 CF Industries Holdings, Inc. 153 2,182 Chesapeake Corp. 741 12,160 Compass Minerals International, Inc. 918 22,904 Deltic Timber Corp. 36 2,029 Empire Resources, Inc. 42 555 Ferro Corp. 717 11,443 Georgia Gulf Corp. 249 6,230 Gibraltar Industries, Inc. 120 3,480 See Notes to Schedule of Investments. 21 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Great Northern Iron Ore Properties 51 $ 5,667 Greif, Inc. Class A 93 6,971 H.B. Fuller Co. 165 7,189 Hawkins, Inc. 171 2,395 Kronos Worldwide, Inc. 951 27,817 MacDermid, Inc. 135 3,888 Mesabi Trust 633 11,742 Metal Management, Inc. 144 4,409 Minerals Technologies, Inc. 39 2,028 Myers Industries, Inc. 258 4,435 Neenah Paper, Inc. 108 3,289 NewMarket Corp. 108 5,298 NL Industries 1,347 14,480 NN, Inc. 252 3,112 Olin Corp. 1,587 28,455 Olympic Steel, Inc. 24 849 P.H. Glatfelter Co. 513 8,141 Penford Corp. 78 1,318 Quaker Chemical Corp. 228 4,264 Rock-Tenn Co. Class A 519 8,278 Royal Gold, Inc. 84 2,337 Ryerson, Inc. 114 3,078 Schnitzer Steel Industries, Inc. Class A 21 745 Schweitzer-Mauduit International, Inc. 228 4,936 Sensient Technologies Corp. 906 18,945 Silgan Holdings, Inc. 261 9,660 Spartech Corp. 393 8,882 Steel Technologies, Inc. 93 1,808 Stepan Co. 156 4,927 Texas Industries, Inc. 66 3,505 Tronox, Inc. Class A 126 1,636 Wausau Paper Corp. 723 9,001 Wellman, Inc. 606 2,448 ----------- Total Materials 321,584 ----------- See Notes to Schedule of Investments. 22 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Telecommunication Services - 2.2% Alaska Communications Systems Group, Inc. 1,746 $ 22,087 Commonwealth Telephone Enterprises, Inc. 750 24,870 Consolidated Communications Holdings, Inc. 1,677 27,889 CT Communications, Inc. 330 7,547 D&E Communications, Inc. 378 4,098 FairPoint Communications, Inc. 2,379 34,258 Hector Communications Corp. 33 1,156 HickoryTech Corp. 441 3,087 Iowa Telecommunications Services, Inc. 1,569 29,685 North Pittsburgh Systems, Inc. 288 7,937 Shenandoah Telecom Co. 45 2,115 SureWest Communications 357 6,897 Warwick Valley Telephone Co. 117 2,281 ----------- Total Telecommunication Services 173,907 ----------- Utilities - 7.2% Allete, Inc. 555 26,279 American States Water Co. 237 8,449 Avista Corp. 777 17,739 Black Hills Corp. 762 26,159 California Water Service Group 276 9,864 Cascade Natural Gas Corp. 330 6,960 Central Vermont Public Service Corp. 315 5,821 CH Energy Group, Inc. 417 20,016 Chesapeake Utilities Corp. 129 3,880 Cleco Corp. 1,191 27,691 Connecticut Water Service, Inc. 156 3,653 Duquesne Light Holdings, Inc. 2,793 45,917 Empire District Electric Co. (The) 891 18,310 EnergySouth, Inc. 126 3,935 Green Mountain Power Corp. 120 4,079 Idacorp, Inc. 921 31,581 ITC Holdings Corp. 786 20,892 Laclede Group, Inc. (The) 519 17,833 MGE Energy, Inc. 504 15,700 Middlesex Water Co. 246 4,654 New Jersey Resources Corp. 519 24,279 See Notes to Schedule of Investments. 23 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares Value -------------------------------------------------------------------------------- Northwest Natural Gas Co. 633 $ 23,440 NorthWestern Corp. 834 28,648 Ormat Technologies, Inc. 57 2,175 Otter Tail Corp. 699 19,104 Pennichuck Corp. 63 1,288 Peoples Energy Corp. 1,383 49,663 SJW Corp. 225 5,726 South Jersey Industries, Inc. 564 15,448 Southwest Gas Corp. 687 21,531 Southwest Water Co. 174 2,083 UIL Holdings Corp. 477 26,850 UniSource Energy Corp. 567 17,662 Unitil Corp. 177 4,259 York Water Co. 105 2,508 ----------- Total Utilities 564,076 ----------- TOTAL COMMON STOCKS (Cost: $7,426,242) 7,739,959 =========== SHORT-TERM INVESTMENT - 0.1% MONEY MARKET FUND - 0.1% Columbia Cash Reserves Fund, 4.71%** (Cost: $6,624) 6,624 6,624 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.5% (Cost: $7,432,866)*** 7,746,583 =========== Cash and Other Assets in Excess of Liabilities - 0.5% 39,942 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $ 7,786,525 ================================================================================ * Non-income producing. ** Rate shown represents annualized 7-day yield as of June 30, 2006. ***Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 24 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.7% Australia - 8.0% Alumina Ltd. 5,248 $ 26,318 Amcor Ltd. 5,362 26,611 AMP Ltd. 5,964 40,455 Aristocrat Leisure Ltd. 2,614 25,014 Australia & New Zealand Banking Group Ltd. 7,528 148,716 Australian Gas Light Co., Ltd. 1,924 25,029 Australian Stock Exchange Ltd. 1,116 27,013 AXA Asia Pacific Holdings Ltd. 5,892 27,447 BHP Billiton Ltd. 5,040 108,590 Billabong International Ltd. 2,470 28,169 BlueScope Steel Ltd. 4,448 26,272 Brambles Industries Ltd. 3,236 26,446 Caltex Australia Ltd. 1,706 29,912 Coca-Cola Amatil Ltd. 4,876 25,684 Coles Myer Ltd. 4,040 34,097 Commonwealth Bank of Australia 5,796 191,236 CSL Ltd. 650 25,957 Foster's Group Ltd. 7,250 29,464 Harvey Norman Holdings Ltd. 8,816 25,806 Insurance Australia Group Ltd. 8,098 32,188 John Fairfax Holdings Ltd. 9,144 25,476 Leighton Holdings Ltd. 1,970 25,394 Lend Lease Corp., Ltd. 2,476 25,735 Lion Nathan Ltd. 4,510 26,135 Macquarie Bank Ltd. 618 31,681 National Australia Bank Ltd. 6,808 177,839 Newcrest Mining Ltd. 1,754 27,470 Orica Ltd. 1,596 28,328 Perpetual Ltd. 518 28,152 Promina Group Ltd. 6,178 25,795 Publishing & Broadcasting Ltd. 1,930 26,111 Qantas Airways Ltd. 11,988 26,363 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- QBE Insurance Group Ltd. 2,090 $ 31,832 Rinker Group Ltd. 2,086 25,401 Rio Tinto Ltd. 604 34,912 Santos Ltd. 3,172 28,515 Sonic Healthcare Ltd. 2,496 26,333 St.George Bank Ltd. 2,384 51,949 Suncorp-Metway Ltd. 2,586 37,177 TABCORP Holdings Ltd. 2,822 31,868 Telstra Corp., Ltd. 43,018 117,614 Toll Holdings Ltd. 2,374 24,781 Wesfarmers Ltd. 2,032 53,337 Westpac Banking Corp. 7,646 132,244 Woodside Petroleum Ltd. 1,408 46,027 Woolworths Ltd. 3,352 50,181 ----------- Total Australia 2,097,074 ----------- Austria - 0.4% Andritz AG 14 2,314 AT&S Austria Technologie & Systemtechnik AG 64 1,287 Bank Austria Creditanstalt AG 248 29,894 B'OEHLER-UDDEHOLM AG 92 5,029 Erste Bank der oesterreichischen Sparkassen AG 226 12,715 Flughafen Wien AG 46 3,513 oesterreichische Elektrizitatswirtschafts AG Class A 130 6,250 OMV AG 214 12,738 Semperit AG Holding 46 1,250 Telekom Austria AG 442 9,839 UNIQA Versicherungen AG 68 2,208 voestalpine AG 36 5,469 Wiener Staedtische AG 82 4,823 Wienerberger AG 158 7,505 ----------- Total Austria 104,834 ----------- See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Belgium - 2.0% Ackermans & van Haaren N.V. 88 $ 6,402 Agfa-Gevaert N.V. 320 7,750 Almancora SCA 118 15,390 Barco N.V. 72 6,652 Bekaert S.A. 66 6,338 Belgacom S.A. 1,492 49,468 Compagnie Maritime Belge S.A. 356 10,338 Delhaize Group 142 9,841 Dexia N.V. 2,266 54,472 Euronav N.V. 290 8,922 Fortis N.V. 4,980 169,508 Groep Colruyt S.A. 50 7,806 Groupe Bruxelles Lambert S.A. 208 21,782 InBev N.V. 532 26,087 KBC Groep N.V. 742 79,601 Mobistar S.A. 172 13,647 Solvay S.A. 174 20,013 UCB S.A. 216 11,683 Umicore 46 6,141 ----------- Total Belgium 531,841 ----------- Denmark - 0.5% Amagerbanken A/S 50 3,124 Auriga Industries A/S Class B 100 2,426 Bang & Olufsen A/S Class B 20 2,211 Codan A/S 50 3,613 D/S Torm A/S 202 9,626 Danske Bank A/S 1,818 69,183 DSV A/S 50 8,357 FLSmidth & Co. A/S 100 3,771 GN Store Nord 404 4,640 H. Lundbeck A/S 202 4,605 Novo-Nordisk A/S Class B 302 19,232 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Spar Nord Bank A/S 100 $ 2,228 Sydbank A/S 100 3,317 ----------- Total Denmark 136,333 ----------- Finland - 1.7% Amer Sports Oyj 302 6,306 Elisa Oyj Class A 504 9,596 Finnair Oyj 404 6,276 Fortum Oyj 3,638 93,035 Huhtamaki Oyj 302 5,364 KCI Konecranes Oyj 302 5,437 Kemira Oyj 404 6,638 Kesko Oyj Class B 202 7,743 Metso Oyj 202 7,328 Nokia Oyj 6,366 129,913 Nokian Renkaat Oyj 404 5,310 OKO Bank PLC Class A 606 8,911 Orion Oyj Class B 202 4,011 Outokumpu Oyj 404 9,453 Perlos Oyj 606 5,742 Rautaruukki Oyj 606 18,302 Sampo Oyj Class A 1,616 30,829 Sanoma-WSOY Oyj 524 12,610 Sponda Oyj 404 4,133 Stora Enso Oyj Class R 1,616 22,564 TietoEnator Corp. 202 5,832 UPM-Kymmene Corp. 1,616 34,817 Uponor Corp. 202 5,463 Wartsila Oyj Class B 202 8,523 YIT Oyj 202 4,951 ----------- Total Finland 459,087 ----------- France - 12.4% Accor S.A. 736 44,786 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Assurances Generales de France 462 $ 54,495 AXA S.A. 5,572 182,818 BNP Paribas 2,248 215,149 Bouygues S.A. 802 41,224 Carrefour S.A. 1,460 85,575 Casino Guichard Perrachon S.A. 538 40,896 Christian Dior S.A. 436 42,732 Cie de Saint-Gobain 746 53,321 CNP Assurances S.A. 436 41,449 Compagnie Generale des Etablissements Michelin Class B 662 39,784 Credit Agricole S.A. 1,642 62,461 France Telecom S.A. 14,164 304,442 Gaz de France 1,202 40,345 Gecina S.A. 340 44,517 Groupe Danone 448 56,911 Hermes International 484 42,795 Lafarge S.A. 406 50,953 Lagardere SCA 544 40,135 L'Air Liquide S.A. 266 51,800 L'Oreal S.A. 886 83,663 LVMH Moet Hennessy Louis Vuitton S.A. 658 65,289 Natexis Banques Populaires 168 38,645 Peugeot S.A. 656 40,807 PPR S.A. 356 45,383 Renault S.A. 714 76,688 Sanofi-Aventis 2,030 198,049 Schneider Electric S.A. 568 59,191 Societe Des Autoroutes Paris-Rhin-Rhone 496 33,994 Societe Generale 1,090 160,279 Suez S.A. 3,950 164,147 Total S.A. 7,176 472,084 Vallourec S.A. 40 48,077 Veolia Environnement S.A. 728 37,616 VINCI S.A. 558 57,471 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Vivendi S.A. 3,782 $ 132,502 ----------- Total France 3,250,473 ----------- Germany - 6.4% Adidas AG 442 21,126 Allianz AG 450 71,072 Altana AG 362 20,163 AMB Generali Holding AG 148 21,006 BASF AG 1,094 87,819 Bayer AG 1,412 64,888 Bayerische Motoren Werke AG 684 34,162 Beiersdorf AG 150 22,596 Commerzbank AG 762 27,710 Continental AG 208 21,255 DaimlerChrysler AG 2,592 128,030 Deutsche Bank AG 664 74,714 Deutsche Boerse AG 166 22,605 Deutsche Lufthansa AG 1,180 21,727 Deutsche Post AG 2,780 74,505 Deutsche Postbank AG 314 22,588 Deutsche Telekom AG 16,466 264,862 E.ON AG 1,518 174,728 Fraport AG Frankfurt Airport Services Worldwide 320 22,811 Fresenius Medical Care AG & Co. KGaA 188 21,606 Hypo Real Estate Holding AG 354 21,496 Linde AG 266 20,492 MAN AG 316 22,878 Metro AG 506 28,675 Muenchener Rueckversicherungs AG 456 62,277 RWE AG 990 82,344 SAP AG 192 40,508 Siemens AG 1,204 104,732 ThyssenKrupp AG 954 32,655 T-Online International AG* 2,348 21,016 Volkswagen AG 410 28,744 ----------- Total Germany 1,685,790 ----------- See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Hong Kong - 3.4% Bank of East Asia Ltd. 4,446 $ 18,289 BOC Hong Kong (Holdings) Ltd. 33,352 65,270 Cheung Kong (Holdings) Ltd. 4,042 43,792 China Merchants Holdings (International) Co., Ltd. 4,042 12,308 China Mobile Ltd. 29,312 167,562 China Overseas Land & Investment Ltd.* 8,084 4,918 China Resources Enterprise, Ltd. 4,042 8,248 China Resources Power Holdings Co. 4,042 3,383 China Travel International Investment Hong Kong Ltd. 16,170 3,893 China Unicom Ltd. 12,128 10,852 CITIC International Financial Holdings Ltd. 14,150 7,970 CITIC Pacific Ltd. 6,064 17,879 CLP Holdings Ltd. 8,084 47,305 CNOOC Ltd. 36,386 29,045 Dah Sing Financial Holdings Ltd. 808 5,919 Denway Motors Ltd. 12,128 4,060 Guangdong Investment Ltd. 12,128 4,645 Guangzhou Investment Co., Ltd. 16,170 2,998 Hang Lung Group Ltd. 4,042 8,743 Hang Lung Properties Ltd. 8,084 14,467 Hang Seng Bank Ltd. 6,872 87,150 Henderson Investment Ltd. 4,042 6,921 Henderson Land Development Co., Ltd. 2,020 10,494 Hong Kong & China Gas Co. Ltd. (The) 4,042 8,873 Hong Kong Aircraft Engineering Co. Ltd. 808 9,467 Hongkong Electric Holdings Ltd. 6,064 27,443 Hopewell Holdings Ltd. 2,020 5,696 Hutchison Whampoa Ltd. 6,064 55,354 Hysan Development Co., Ltd. 4,042 11,397 Industrial & Commercial Bank of China Ltd. 4,042 5,959 Lenovo Group Ltd. 12,128 4,021 MTR Corp. 8,084 19,515 New World Development Ltd. 6,064 9,993 PCCW Ltd. 14,150 10,111 See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Shanghai Industrial Holdings Ltd. 2,020 $ 3,940 Shun TAK Holdings Ltd. 4,042 5,282 Singamas Container Holdings Ltd. 8,084 5,620 Sino Land Co. 4,042 6,453 Sun Hung Kai Properties Ltd. 4,042 41,216 Swire Pacific Ltd. Class A 2,020 20,845 Swire Pacific Ltd. Class B 5,054 9,695 Television Broadcasts Ltd. 2,020 12,484 Wharf Holdings Ltd. 4,042 14,363 Wheelock & Co., Ltd. 4,042 6,791 Wing Hang Bank Ltd. 1,012 8,860 Wing Lung Bank Ltd. 808 6,970 ----------- Total Hong 896,459 ----------- Ireland - 0.6% Allied Irish Banks PLC 2,174 52,399 Anglo Irish Bank Corp. PLC 530 8,234 Bank of Ireland 2,226 39,706 C&C Group PLC 484 4,202 CRH PLC 548 17,861 DCC PLC 116 2,786 FBD Holdings PLC 42 1,960 Fyffes PLC 1,244 2,197 Greencore Group PLC 448 2,095 IAWS Group PLC 108 1,882 Independent News & Media PLC 2,186 6,387 Irish Life & Permanent PLC 556 13,309 Kerry Group PLC Class A 102 2,191 Kingspan Group PLC 118 2,038 McInerney Holdings PLC 124 1,751 United Drug PLC 438 1,871 ----------- Total Ireland 160,869 ----------- See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Italy - 7.2% AEM SpA 10,124 $ 23,508 Alleanza Assicurazioni SpA 2,194 24,855 Assicurazioni Generali SpA 1,336 48,652 Autostrade SpA 822 23,092 Banca Carige SpA 4,434 23,925 Banca Fideuram SpA 4,500 26,180 Banca Intesa SpA 19,960 116,890 Banca Lombarda e Piemontese SpA 1,388 22,380 Banca Monte dei Paschi di Siena SpA 4,058 24,387 Banca Popolare di Milano S.c.r.l. 1,942 24,744 Banca Popolare di Verona e Novara S.c.r.l. 850 22,770 Banche Popolari Unite S.c.r.l. 898 23,229 Capitalia SpA 5,652 46,361 Enel SpA 22,710 195,717 ENI SpA 16,112 474,455 Finmeccanica SpA 1,070 23,751 Fondiaria-Sai SpA 644 26,317 Ifil-Investments SpA 4,228 24,003 Italcementi SpA 1,020 25,798 Luxottica Group SpA 928 25,203 Mediaset SpA 2,762 32,562 Mediobanca SpA 1,636 32,027 Mediolanum SpA 3,480 24,429 RAS Holding SpA 1,818 45,190 RCS MediaGroup SpA 4,378 22,420 Saipem SpA 1,094 24,885 Sanpaolo IMI SpA 3,484 61,610 Snam Rete Gas SpA 7,496 32,948 Telecom Italia SpA 59,598 165,936 Terna SpA 8,356 22,277 UniCredito Italiano SpA 23,580 184,521 ----------- Total Italy 1,895,022 ----------- See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Japan - 9.3% Aeon Co., Ltd. 1,400 $ 30,740 Asahi Glass Co., Ltd. 2,000 25,386 Astellas Pharma, Inc. 800 29,392 Bridgestone Corp. 1,400 27,004 Canon Inc. 1,200 58,890 Chubu Electric Power Co., Inc. 1,200 32,437 Chugai Pharmaceutical Co., Ltd. 1,400 28,596 Dai Nippon Printing Co., Ltd. 2,000 30,967 Daiwa Securities Group, Inc. 2,000 23,864 Denso Corp. 800 26,173 East Japan Railway Co. 4 29,742 Eisai Co., Ltd. 600 27,031 Fanuc Ltd. 400 35,971 Fuji Photo Film Co., Ltd. 800 26,873 Hitachi Ltd. 4,000 26,453 Honda Motor Co., Ltd. 1,200 38,105 Hoya Corp. 800 28,483 Itochu Corp. 4,000 35,166 Japan Tobacco, Inc. 8 29,183 JFE Holdings, Inc. 800 33,941 Kansai Electric Power Co., Inc. (The) 1,400 31,352 Kao Corp. 2,000 52,399 Kirin Brewery Co., Ltd. 2,000 31,474 Komatsu Ltd. 2,000 39,802 Kyocera Corp. 400 31,002 Kyushu Electric Power Co., Inc. 1,400 32,577 Matsushita Electric Industrial Co., Ltd. 2,000 42,252 Mitsubishi Corp. 1,600 31,982 Mitsubishi Electric Corp. 4,000 32,087 Mitsubishi Estate Co., Ltd. 2,000 42,514 Mitsubishi Heavy Industries Ltd. 8,000 34,571 Mitsubishi UFJ Financial Group, Inc. 4 55,986 Mitsui & Co., Ltd. 2,000 28,273 Mitsui Fudosan Co., Ltd. 2,000 43,476 Mitsui Sumitomo Insurance Co., Ltd. 2,000 25,141 See Notes to Schedule of Investments. 10 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Mizuho Financial Group, Inc. 4 $ 33,906 Nippon Oil Corp. 4,000 29,253 Nippon Steel Corp. 8,000 30,302 Nippon Telegraph & Telephone Corp. 12 58,890 Nissan Motor Co., Ltd. 5,800 63,421 Nitto Denko Corp. 400 28,518 Nomura Holdings, Inc. 1,600 30,022 NTT DoCoMo, Inc. 54 79,360 ORIX Corp. 120 29,340 Ricoh Co., Ltd. 2,000 39,277 Secom Co., Ltd. 1,000 47,325 Sega Sammy Holdings Inc. 800 29,672 Sekisui House, Ltd. 2,000 27,485 Sharp Corp. 2,000 31,632 Shin-Etsu Chemical Co., Ltd. 600 32,647 Sony Corp. 600 26,506 Sumitomo Chemical Co., Ltd. 4,000 33,381 Sumitomo Corp. 2,000 26,401 Sumitomo Metal Industries Ltd. 8,000 33,032 Sumitomo Mitsui Financial Group, Inc. 2 21,170 Sumitomo Trust & Banking Co., Ltd. (The) 4,000 43,739 Suzuki Motor Corp. 1,400 30,311 T&D Holdings, Inc. 400 32,367 Takeda Pharmaceutical Co., Ltd. 800 49,827 Tohoku Electric Power Co., Inc. 1,400 30,740 Tokyo Electric Power Co., Inc. (The) 1,800 49,757 Tokyo Gas Co., Ltd. 6,000 28,290 Toshiba Corp. 4,000 26,138 Toyota Industries Corp. 800 31,632 Toyota Motor Corp. 3,000 157,197 Yahoo Japan Corp. 62 32,867 ----------- Total Japan 2,423,690 ----------- See Notes to Schedule of Investments. 11 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Netherlands - 4.2% ABN AMRO Holding N.V. 6,064 $ 165,852 Aegon N.V. 3,774 64,519 Akzo Nobel N.V. 556 29,973 Buhrmann N.V. 834 12,093 Corio N.V. 246 15,296 CSM N.V. 428 11,908 Eurocommercial Properties N.V. 316 12,105 Euronext N.V. 452 42,364 European Aeronautic Defence & Space Co. N.V. 1,374 39,459 Heineken Holding N.V. 328 12,091 Heineken N.V. 420 17,803 Hunter Douglas N.V. 176 11,848 ING Groep N.V. 5,720 224,755 Koninklijke DSM N.V. 416 17,319 Koninklijke Philips Electronics N.V. 1,644 51,354 Mittal Steel Co. N.V. 384 11,877 Randstad Holdings N.V. 206 12,074 Reed Elsevier N.V. 1,634 24,570 Rodamco Europe N.V. 270 26,462 Royal KPN N.V. 7,420 83,396 STMicroelectronics N.V. 2,620 42,177 TNT N.V. 716 25,616 Unilever N.V. 4,132 93,674 Vedior N.V. 576 12,093 Wereldhave N.V. 126 12,252 Wolters Kluwer N.V. 630 14,879 ----------- Total Netherlands 1,087,809 ----------- See Notes to Schedule of Investments. 12 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- New Zealand - 0.4% Air New Zealand Ltd. 4,082 $ 2,939 Auckland International Airport Ltd. 4,892 6,477 CanWest MediaWorks NZ Ltd. 1,452 1,276 Contact Energy Ltd. 1,496 6,499 Fisher & Paykel Appliances Holdings Ltd. 1,116 3,139 Fisher & Paykel Healthcare Corp. 1,300 3,419 Fletcher Building Ltd. 1,842 10,284 Freightways Ltd. 626 1,413 Infratil Ltd. 576 1,441 Mainfreight Ltd. 430 1,456 New Zealand Refining Co., Ltd. (The) 1,176 4,736 Nuplex Industries Ltd. 360 1,393 PGG Wrightson Ltd. 1,230 1,666 Port of Tauranga Ltd. 510 1,665 Pumpkin Patch Ltd. 570 1,506 Sanford Ltd. 458 1,397 Sky City Entertainment Group Ltd. 1,926 6,346 Steel & Tube Holdings Ltd. 614 1,742 Telecom Corp. of New Zealand Ltd. 16,326 40,244 Vector Ltd. 2,276 3,388 ----------- Total New Zealand 102,426 ----------- Norway - 1.2% Acta Holding ASA 2,020 6,428 Aker ASA Class A 122 6,401 Aker Yards AS 40 2,816 Aktiv Kapital ASA 202 3,538 DNB NOR ASA 4,042 50,179 EDB Business Partner ASA 404 3,214 Ekornes ASA 202 3,912 Norsk Hydro ASA 2,222 58,919 Norske Skogindustrier ASA 808 11,849 Orkla ASA 364 16,876 See Notes to Schedule of Investments. 13 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Schibsted ASA 100 $ 2,668 Sparebanken Midt-Norge 404 4,853 Statoil ASA 2,828 80,214 Storebrand ASA 1,012 10,449 Telenor ASA 2,222 26,871 Tomra Systems ASA 404 3,279 Wilh Wilhelmsen ASA Class A 100 3,262 Yara International ASA 606 8,083 ----------- Total Norway 303,811 ----------- Portugal - 0.7% Banco BPI S.A. 1,090 8,279 Banco Comercial Portugues S.A. Class R 7,770 22,056 Banco Espirito Santo, S.A. 1,144 15,418 Brisa-Auto-estradas de Portugal S.A. 1,222 12,750 CIMPOR - Cimentos de Portugal, SGPS, S.A. 1,572 10,472 EDP - Energias de Portugal, S.A 8,842 34,709 Jeronimo Martins, SGPS, S.A. 268 4,575 Mota Engil, SGPS, S.A. 436 2,302 Portucel-Empresa Produtora De Pasta E Papel, S.A. 1,300 3,624 Portugal Telecom, SGPS, S.A. 3,920 47,316 PT Multimedia-Servicos de Telecomunicacoes e Multimedia, SGPS, S.A. 662 7,661 SAG Gest-Solucoes Automovel Globais, SGPS, S.A. 942 2,204 Semapa-Sociedade de Investimento e Gestao, SGPS 418 4,409 Sonae, SGPS, S.A. 2,702 4,042 ----------- Total Portugal 179,817 ----------- Singapore - 1.5% Ascendas Real Estate Investment Trust 4,000 4,857 CapitaCommercial Trust 4,000 4,199 CapitaLand Ltd. 2,000 5,691 CapitaMall Trust Management Ltd. 4,000 5,363 City Developments Ltd. 2,000 11,825 ComfortDelgro Corp., Ltd. 6,000 5,805 See Notes to Schedule of Investments. 14 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Cosco Corp. (Singapore) Ltd. 6,000 $ 4,781 DBS Group Holdings Ltd. 4,000 45,784 Guocoland Ltd. 2,000 3,061 Haw Par Corp., Ltd. 2,000 7,209 Hi-P International Ltd. 8,000 4,199 Jaya Holdings Ltd. 6,000 5,084 Keppel Land Ltd. 2,000 5,110 Keppel Telecommunications & Transportation Ltd. 4,000 3,971 Labroy Marine Ltd. 6,000 5,122 MobileOne Ltd. 4,000 5,236 Oversea-Chinese Banking Corp. Ltd. 8,000 33,389 Parkway Holdings Ltd. 4,000 6,248 SBS Transit Ltd. 3,000 4,117 SembCorp Industries Ltd. 2,000 4,098 SembCorp Marine Ltd. 2,000 3,794 SIA Engineering Co., Ltd. 2,000 4,654 Singapore Airlines Ltd. 2,000 16,062 Singapore Airport Terminal Services Ltd. 4,000 5,388 Singapore Exchange Ltd. 2,000 4,452 Singapore Land Ltd. 2,000 7,968 Singapore Post Ltd. 8,000 5,464 Singapore Press Holdings Ltd. 4,000 10,421 Singapore Technologies Engineering Ltd. 2,000 3,655 Singapore Telecommunications Ltd. 34,000 54,612 SMRT Corp., Ltd. 6,000 4,250 StarHub Ltd. 6,000 8,651 Straits Trading Co., Ltd. 2,000 3,465 Suntec Real Estate Investment Trust 6,000 4,705 United Industrial Corp., Ltd. 6,000 5,615 United Overseas Bank Ltd. 4,000 39,460 UOL Group Ltd. 2,000 3,617 Venture Corp., Ltd. 2,000 13,406 Want Want Holdings Ltd. 4,000 5,400 Wheelock Properties (Singapore) Ltd. 6,000 5,464 ----------- Total Singapore 385,652 ----------- See Notes to Schedule of Investments. 15 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Spain - 4.7% Abertis Infraestructuras S.A. 994 $ 23,272 Acciona S.A. 100 15,529 Acerinox S.A. 902 15,639 ACS, Actividades Construccion y Servicios, S.A. 386 16,095 Altadis, S.A. 472 22,306 Antena 3 de Television, S.A. 638 14,570 Banco Bilbao Vizcaya Argentaria, S.A. 7,540 155,028 Banco Popular Espanol, S.A. 2,656 39,564 Banco Sabadell S.A. 514 17,975 Banco Santander Central Hispano S.A. 15,640 228,378 Bankinter S.A. 226 14,564 Cia Espanola De Petroleos, S.A. 426 30,395 Enagas 716 15,271 Endesa S.A. 2,148 74,678 Fadesa Inmobiliaria S.A. 468 16,049 Fomento de Construcciones y Contratas S.A. 214 16,267 Gas Natural SDG S.A. 1,000 30,521 Gestevision Telecinco S.A. 1,080 25,893 Grupo Ferrovial S.A. 216 16,488 Iberdrola S.A. 2,034 70,039 Inditex S.A. 408 17,205 Inmobiliaria Colonial, S.A. 186 14,769 Metrovacesa, S.A. 154 13,902 Repsol YPF, S.A. 2,258 64,644 Sacyr Vallehermoso, S.A. 506 16,906 Telefonica Moviles, S.A. 5,618 78,802 Telefonica Publicidad e Informacion S.A. 1,354 14,664 Telefonica S.A. 6,972 116,070 Union Fenosa S.A. 452 17,489 Zardoya-Otis S.A. 448 12,717 ----------- Total Spain 1,225,689 ----------- See Notes to Schedule of Investments. 16 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Sweden - 3.1% Alfa Laval AB 404 $ 12,086 Assa Abloy AB Class B 808 13,572 Atlas Copco AB Class A 808 22,434 Atlas Copco AB Class B 404 10,488 Axfood AB 302 8,678 Electrolux AB Series B 808 11,666 Fabege AB 606 11,273 ForeningsSparbanken AB 1,414 37,100 Gambro AB Class A 404 6,366 H&M Hennes & Mauritz AB Class B 1,818 70,414 Holmen AB Class B 202 8,160 Industrivarden AB Class A 404 11,329 Investment AB Kinnevik Class B 808 9,927 Investor AB Class A 404 7,375 Investor AB Class B 808 14,806 JM AB 808 12,843 L E Lundbergforetagen AB Class B 202 10,460 Nordea Bank AB 7,074 84,455 Ratos AB Class B 808 11,834 Sandvik AB 2,424 28,182 Scania AB Class A 404 18,143 Scania AB Class B 404 18,340 Securitas AB Class B 808 15,479 Skandinaviska Enskilda Banken AB 1,214 28,903 Skanska AB Class B 1,214 18,707 SKF AB Class B 808 12,731 SSAB Svenskt Stal AB Series A 606 12,072 Svenska Cellulosa Aktiebolaget SCA Class B 404 16,685 Svenska Handelsbanken Class A 1,616 41,615 Swedish Match AB 404 6,506 Tele2 AB Class B 1,012 10,221 Telefonaktiebolaget LM Ericsson Class A 4,042 13,355 Telefonaktiebolaget LM Ericsson Class B 20,216 66,793 TeliaSonera AB 9,094 51,634 See Notes to Schedule of Investments. 17 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Volvo AB Class A 404 $ 19,461 Volvo AB Class B 1,012 49,733 ----------- Total Sweden 803,826 ----------- Switzerland - 4.1% Adecco S.A. 220 12,984 Ciba Specialty Chemicals Holding Inc. 232 12,907 Credit Suisse Group 2,420 135,125 Givaudan S.A. 16 12,571 Holcim Ltd. 272 20,805 Julius Baer Holding Ltd. 160 13,871 Kuehne + Nagel International AG 184 13,368 Nestle S.A. 694 217,548 Novartis AG 3,176 171,634 Pargesa Holding S.A. 142 13,435 Roche Holding AG 634 104,597 Serono S.A. 20 13,788 SGS S.A. 14 13,257 Swatch Group Ltd. (The) 82 13,823 Swiss Reinsurance Co. 688 47,992 Swisscom AG 170 55,857 UBS AG 1,720 188,147 ----------- Total Switzerland 1,061,709 ----------- United Kingdom - 27.9% Anglo American PLC 2,704 110,926 AstraZeneca PLC 2,970 179,297 Aviva PLC 6,720 95,144 BAA PLC 5,092 87,869 BAE SYSTEMS PLC 13,330 91,160 Barclays PLC 21,448 243,767 BG Group PLC 6,990 93,407 BHP Billiton PLC 5,052 98,018 BP PLC 49,186 573,578 British American Tobacco PLC 5,650 142,328 See Notes to Schedule of Investments. 18 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- British Sky Broadcasting PLC 8,450 $ 89,631 BT Group PLC 30,780 136,203 Cable & Wireless PLC 19,078 40,579 Cadbury Schweppes PLC 9,392 90,590 Centrica PLC 16,938 89,362 Diageo PLC 7,482 125,860 GlaxoSmithKline PLC 12,986 362,916 GUS PLC 5,338 95,372 HBOS PLC 11,686 203,170 HSBC Holdings PLC 36,120 635,657 Imperial Tobacco Group PLC 2,874 88,718 Kingfisher PLC 21,430 94,532 Land Securities Group PLC 2,750 91,248 Legal & General Group PLC 38,892 92,254 Lloyds TSB Group PLC 29,248 287,518 Man Group PLC 2,070 97,552 Marks & Spencer Group PLC 8,774 95,258 National Grid PLC 9,232 99,889 Old Mutual PLC 30,786 92,955 Pearson PLC 6,616 90,123 Prudential PLC 8,550 96,621 Reckitt Benckiser PLC 2,406 89,890 Reed Elsevier PLC 8,904 89,918 Rio Tinto PLC 1,830 96,768 Royal Bank of Scotland Group (The) PLC 8,658 284,718 Royal Dutch Shell PLC Class A 9,738 327,474 Royal Dutch Shell PLC Class B 6,838 239,159 SABMiller PLC 5,102 91,958 Sage Group PLC 22,132 94,456 Scottish & Southern Energy PLC 4,192 89,241 Scottish Power PLC 8,434 90,943 Smiths Group PLC 5,604 92,351 Standard Chartered PLC 3,808 92,969 Tesco PLC 14,652 90,513 Unilever PLC 4,112 92,481 See Notes to Schedule of Investments. 19 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA(SM) FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Vodafone Group PLC 164,724 $ 351,127 Wolseley PLC 4,290 94,659 WPP Group PLC 7,412 89,725 Xstrata PLC 2,602 98,657 ----------- Total United Kingdom 7,308,509 ----------- TOTAL COMMON STOCKS (Cost: $24,300,743) 26,100,720 =========== RIGHTS** - 0.0% France - 0.0% AXA S.A., expiring on 7/01/06 5,572 4,702 ----------- Germany - 0.0% Linde AG, expiring on 7/10/06 266 1,027 ----------- Spain - 0.0% Zardoya-Otis S.A., expiring on 6/30/06 448 1,249 ----------- TOTAL RIGHTS (Cost: $0) 6,978 ----------- TOTAL LONG-TERM INVESTMENTS (Cost: $24,300,743) 26,107,698 =========== SHORT-TERM INVESTMENT - 0.2% MONEY MARKET FUND - 0.2% United States - 0.2% Columbia Cash Reserves Fund, 4.71%*** (Cost: $51,656) 51,656 51,656 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.9% (Cost: $24,352,399)**** 26,159,354 =========== Foreign Cash and Other Assets in Excess of Liabilities - 0.1% 31,245 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $26,190,599 ================================================================================ * 1,010 warrants attached, expiring on 7/18/07 with a cost of $0. ** Non-income producing security. *** Rate shown represents annualized 7-day yield as of June 30, 2006. ****Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 20 Portfolio Holdings by Sector WisdomTree DIEFA(SM) Fund June 30, 2006 (unaudited) Sector Breakdown* US $ Value % Net of Assets ------------------------------------------------------------------------------- Financials $ 8,712,872 33.3% Consumer Discretionary 2,665,004 10.2 Energy 2,644,390 10.1 Telecommunication Services 2,421,853 9.3 Industrials 2,326,991 8.9 Consumer Staples 1,907,610 7.3 Utilities 1,816,774 6.9 Materials 1,599,464 6.1 Health Care 1,321,259 5.0 Information Technology 691,481 2.6 Short-Term Investment 51,656 0.2 Foreign Cash and Other Assets in Excess of Liabilities 31,245 0.1 ----------- ----- $26,190,599 100.0% =========== ===== ---------- * A sector may comprise several industries. ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.5% Australia - 11.7% Alinta Ltd. 2,092 $ 16,211 Alumina Ltd. 4,120 20,661 Amcor Ltd. 4,292 21,301 AMP Ltd. 7,748 52,556 APN News & Media Ltd. 4,448 16,788 Aristocrat Leisure Ltd. 1,684 16,115 Australia & New Zealand Banking Group Ltd. 9,792 193,441 Australian Gas Light Co., Ltd. 2,128 27,683 Australian Stock Exchange Ltd. 720 17,428 Baycorp Advantage Ltd. 6,988 16,665 Billabong International Ltd. 1,592 18,156 BlueScope Steel Ltd. 5,244 30,973 Boral Ltd. 2,740 16,570 Brambles Industries Ltd. 2,696 22,033 Caltex Australia Ltd. 1,100 19,287 Coates Hire Ltd. 3,704 17,585 Coca-Cola Amatil Ltd. 4,348 22,903 Coles Myer Ltd. 5,252 44,326 Commonwealth Bank of Australia 7,532 248,514 CSR Ltd. 6,500 16,178 Downer EDI Ltd. 2,860 15,809 Foster's Group Ltd. 9,424 38,299 Futuris Corp., Ltd. 10,200 15,914 Iluka Resources Ltd. 3,420 16,643 Insurance Australia Group Ltd. 10,528 41,847 John Fairfax Holdings Ltd. 5,892 16,415 Leighton Holdings Ltd. 1,268 16,345 Lend Lease Corp. Ltd. 2,164 22,492 Lion Nathan Ltd. 2,912 16,875 Macquarie Bank Ltd. 804 41,216 National Australia Bank Ltd. 8,848 231,128 Nufarm Ltd. 2,180 16,439 OneSteel Ltd. 5,960 18,022 Orica Ltd. 1,032 18,317 Origin Energy Ltd. 3,256 17,804 Perpetual Ltd. 336 18,261 Promina Group Ltd. 5,360 22,380 Publishing & Broadcasting Ltd. 2,484 33,606 Qantas Airways Ltd. 15,584 34,271 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- QBE Insurance Group Ltd. 2,716 $ 41,366 Record Investments Ltd. 2,068 18,975 Rural Press Ltd. 2,092 16,537 Santos Ltd. 2,552 22,942 Seven Network Ltd. 2,680 16,128 SFE Corp., Ltd. 1,404 17,211 Sigma Pharmaceuticals Ltd. 8,924 17,238 Sims Group Ltd. 1,240 18,425 Sonic Healthcare Ltd. 1,608 16,964 St.George Bank Ltd. 3,100 67,551 Suncorp-Metway Ltd. 3,364 48,361 TABCORP Holdings Ltd. 3,672 41,467 Telstra Corp Ltd. 55,924 152,899 UNiTAB Ltd. 1,508 16,537 United Group Ltd. 1,688 18,059 Washington H. Soul Pattinson & Co., Ltd. 2,676 15,885 Wesfarmers Ltd. 2,644 69,401 West Australian Newspapers Holdings Ltd. 2,596 16,838 Westpac Banking Corp. 9,940 171,921 Woodside Petroleum Ltd. 1,832 59,888 Woolworths Ltd. 4,356 65,211 ----------- Total Australia 2,437,261 ----------- Austria - 0.1% BOEHLER-UDDEHOLM AG 120 6,559 Flughafen Wien AG 60 4,582 Semperit AG Holding 52 1,413 Wienerberger AG 204 9,690 ----------- Total Austria 22,244 ----------- Belgium - 2.7% Agfa-Gevaert N.V. 368 8,912 Almancora SCA 152 19,824 Belgacom S.A. 1,936 64,189 Compagnie Maritime Belge S.A. 460 13,358 Cumerio N.V. 180 3,604 Dexia N.V. 2,948 70,866 Euronav N.V. 376 11,567 Fortis N.V. 6,472 220,292 GIMV N.V. 136 7,907 KBC Groep N.V. 968 103,846 See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Melexis N.V. 228 $ 3,898 Mobistar SA 224 17,772 Tessenderlo Chemie N.V. 112 3,983 ----------- Total Belgium 550,018 ----------- Denmark - 0.5% D/S Torm A/S 404 19,252 Danske Bank A/S 2,424 92,244 ----------- Total Denmark 111,496 ----------- Finland - 1.8% Amer Sports Oyj 404 8,436 Elisa Oyj Class A 608 11,576 Fortum Oyj 4,852 124,080 Kesko Oyj Class B 404 15,487 OKO Bank PLC Class A 808 11,881 Orion Oyj Class B 404 8,022 Rautaruukki Oyj 808 24,403 Sampo Oyj Class A 2,020 38,536 Sanoma-WSOY Oyj 688 16,556 Sponda Oyj 808 8,265 Stora Enso Oyj Class R 2,424 33,846 TietoEnator Oyj 244 7,045 UPM-Kymmene Corp. 2,020 43,521 Uponor Corp. 404 10,926 ----------- Total Finland 362,580 ----------- France - 12.1% Assurances Generales de France 604 71,245 AXA S.A. 7,244 237,677 Bail Investissement 260 16,380 BNP Paribas 2,924 279,847 Casino Guichard Perrachon S.A. 400 30,406 Credit Agricole S.A. 2,136 81,253 Euler Hermes S.A. 164 18,097 France Telecom S.A. 18,412 395,749 Gecina S.A. 284 37,185 Klepierre 168 19,451 M6-Metropole Television 632 19,774 PagesJaunes Groupe S.A. 1,684 52,862 Rallye S.A. 384 17,062 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Societe Generale 1,416 $ 208,215 Suez S.A. 5,132 213,266 Total S.A. 9,324 613,394 Unibail Holding 164 28,582 Vivendi S.A. 4,920 172,372 ----------- Total France 2,512,817 ----------- Germany - 5.0% AWD Holding AG 220 7,376 BASF AG 1,424 114,310 DaimlerChrysler AG 3,372 166,557 Deutsche Euroshop AG 100 6,956 Deutsche Lufthansa AG 1,496 27,545 Deutsche Post AG 3,612 96,803 Deutsche Telekom AG 21,404 344,292 E.ON AG 1,972 226,985 MVV Energie AG 264 7,089 Norddeutsche Affinerie AG 304 7,440 TUI AG 1,088 21,549 Vossloh AG 132 6,691 ----------- Total Germany 1,033,593 ----------- Hong Kong - 2.2% Bank of East Asia Ltd. 5,660 23,283 BOC Hong Kong (Holdings) Ltd. 44,480 87,047 China Netcom Group Corp., Ltd. 2,020 3,537 China Travel International Investment Hong Kong Ltd. 24,260 5,841 CITIC International Financial Holdings Ltd. 12,132 6,834 CITIC Pacific Ltd. 8,084 23,835 CLP Holdings Ltd. 10,108 59,149 Dah Sing Banking Group Ltd. 1,616 2,934 Dah Sing Financial Holdings Ltd. 1,616 11,839 Fountain SET Holdings 8,084 2,758 Hang Lung Group Ltd. 4,044 8,747 Hang Lung Properties Ltd. 12,132 21,712 Hang Seng Bank Ltd. 8,892 112,767 Hongkong Electric Holdings Ltd. 8,084 36,585 Hopewell Holdings Ltd. 4,044 11,403 i-CABLE Communications Ltd. 16,172 3,602 Industrial & Commercial Bank of China Ltd. 4,044 5,962 Liu Chong Hing Bank Ltd. 4,044 7,836 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Oriental Press Group Ltd. 16,172 $ 3,227 PCCW Ltd. 20,220 14,448 Shenzhen Investment Ltd. 8,084 2,186 Wing Lung Bank Ltd. 808 6,970 ----------- Total Hong Kong 462,502 ----------- Ireland - 0.7% Abbey PLC 84 1,010 Allied Irish Banks PLC 2,824 68,066 Bank of Ireland 2,896 51,656 Fyffes PLC 1,616 2,854 Greencore Group PLC 588 2,750 Independent News & Media PLC 2,840 8,298 Irish Life & Permanent PLC 724 17,330 ----------- Total Ireland 151,964 ----------- Italy - 10.2% ACEA SpA 1,080 14,942 AEM SpA 6,344 14,731 Alleanza Assicurazioni SpA 2,852 32,310 Arnoldo Mondadori Editore SpA 1,644 15,850 Autostrada Torino-Milano SpA 716 14,639 Banca Fideuram SpA 3,128 18,198 Banca Intesa SpA 25,944 151,934 Banca Lombarda e Piemontese SpA 880 14,189 Banca Popolare di Verona e Novara S.c.r.l 760 20,359 Banca Popolare Italiana 1,580 15,021 Banche Popolari Unite S.c.r.l 1,020 26,384 Benetton Group SpA 1,020 15,233 Capitalia SpA 7,344 60,239 Enel SpA 29,524 254,441 ENI SpA 20,948 616,862 Fondiaria-Sai SpA 404 16,510 Mediaset SpA 3,592 42,347 Milano Assicurazioni SPA 2,020 14,735 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Pirelli & C. Real Estate SpA 224 $ 15,046 Ras Holding SpA 2,364 58,762 Reti Bancarie Holding SpA 304 14,654 Sanpaolo IMI SpA 4,528 80,072 Snam Rete Gas SpA 9,744 42,828 Societa Cattolica di Assicurazioni-Societa Cooperativa 284 14,990 Telecom Italia SpA 77,472 215,702 Terna SpA 10,224 27,257 Toro Assicurazioni SpA 1,192 31,809 UniCredito Italiano SpA 30,652 239,862 Unipol SpA 6,088 19,578 ----------- Total Italy 2,119,484 ----------- Japan - 0.4% Hokuto Corp. 400 6,526 Nikko Cordial Corp. 2,000 25,613 Oracle Corp. Japan 400 18,720 Takefuji Corp. 280 16,705 Yushiro Chemical Industry Co., Ltd. 400 8,730 ----------- Total Japan 76,294 ----------- Netherlands - 4.7% ABN AMRO Holding N.V. 7,884 215,630 Aegon N.V. 4,908 83,905 Corio N.V. 320 19,898 CSM N.V. 244 6,789 Eurocommercial Properties N.V. 176 6,742 Heijmans N.V. 140 6,946 Hunter Douglas N.V. 100 6,732 ING Groep N.V. 7,432 292,025 Nieuwe Steen Investments N.V. 268 7,196 Nutreco Holding N.V. 112 7,175 OCE N.V. 444 6,517 Reed Elsevier N.V. 2,124 31,938 Rodamco Europe N.V. 352 34,499 Royal KPN N.V. 9,648 108,437 SBM Offshore N.V. 268 7,141 Unilever N.V. 5,368 121,695 VastNed Retail N.V. 84 6,820 Wereldhave N.V. 72 7,001 ----------- Total Netherlands 977,086 ----------- See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- New Zealand - 0.6% Air New Zealand Ltd. 5,304 $ 3,819 Auckland International Airport Ltd. 6,360 8,421 CanWest MediaWorks NZ Ltd. 1,260 1,107 Contact Energy Ltd. 1,944 8,445 Fisher & Paykel Appliances Holdings Ltd. 1,452 4,084 Fisher & Paykel Healthcare Corp. 1,688 4,439 Fletcher Building Ltd. 2,392 13,354 Freightways Ltd. 760 1,716 Infratil Ltd. 728 1,821 New Zealand Refining Co., Ltd. (The) 1,528 6,153 Nuplex Industries Ltd. 464 1,795 Sanford Ltd. 568 1,733 Sky City Entertainment Group Ltd. 2,508 8,263 Telecom Corp. of New Zealand Ltd. 21,224 52,317 Vector Ltd. 2,960 4,407 ----------- Total New Zealand 121,874 ----------- Norway - 0.6% Acta Holding ASA 2,020 6,428 Aker Yards AS 80 5,631 Aktiv Kapital ASA 404 7,077 DNB NOR ASA 5,256 65,250 Ekornes ASA 404 7,823 Norske Skogindustrier ASA 1,212 17,773 Storebrand ASA 1,212 12,514 Veidekke ASA 204 6,786 ----------- Total Norway 129,282 ----------- Portugal - 1.0% Banco Comercial Portugues S.A. Class R 10,100 28,670 Banco Espirito Santo, S.A. 1,488 20,054 Brisa-Auto-estradas de Portugal S.A. 1,588 16,569 CIMPOR - Cimentos de Portugal, SGPS, S.A. 2,044 13,617 EDP - Energias de Portugal, S.A. 11,496 45,127 Jeronimo Martins, SGPS, S.A. 348 5,940 Portugal Telecom, SGPS, S.A. 5,096 61,511 PT Multimedia - Servicos de Telecomunicacoes e Multimedia, SGPS, S.A. 860 9,952 SAG Cest-Solucoes Automovel Globais, SGPS, S.A. 1,096 2,565 Semapa-Sociedade de Investimento e Gestao, SGPS 544 5,739 ----------- Total Portugal 209,744 ----------- See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Singapore - 1.8% Allgreen Properties Ltd. 4,000 $ 3,187 Ascendas Real Estate Investment Trust 4,000 4,857 CapitaCommercial Trust 4,000 4,199 CapitaMall Trust Management Ltd. 4,000 5,363 Chuan Hup Holdings Ltd. 16,000 3,339 ComfortDelgro Corp. Ltd. 8,000 7,740 Creative Technology Ltd. 600 3,339 DBS Group Holdings Ltd. 4,000 45,784 Delong Holdings Ltd. 36,000 2,732 Elec & Eltek International Holdings Ltd. 4,000 8,560 GES International Ltd. 4,000 2,605 Haw Par Corp., Ltd. 4,000 14,418 Hong Leong Finance Ltd. 4,000 8,297 Inter-Roller Engineering Ltd. 4,000 4,806 Jaya Holdings Ltd. 4,000 3,390 Jurong Technologies Industrial Corp., Ltd. 4,000 2,530 Macquarie MEAG Prime REIT 4,000 2,315 MobileOne Ltd. 4,000 5,236 Oversea-Chinese Banking Corp. Ltd. 8,000 33,389 Parkway Holdings Ltd. 4,000 6,248 Robinson & Co., Ltd. 4,000 12,900 SembCorp Marine Ltd. 4,000 7,588 Singapore Airlines Ltd. 4,000 32,124 Singapore Airport Terminal Services Ltd. 4,000 5,388 Singapore Post Ltd. 8,000 5,464 Singapore Press Holdings Ltd. 4,000 10,421 Singapore Telecommunications Ltd. 44,000 70,674 SMRT Corp., Ltd. 8,000 5,666 StarHub Ltd. 8,000 11,534 Suntec Real Estate Investment Trust 8,000 6,273 United Overseas Bank Ltd. 4,000 39,460 UOB-Kay Hian Holdings Ltd. 4,000 3,010 ----------- Total Singapore 382,836 ----------- Spain - 4.8% Antena 3 de Television, S.A. 824 18,817 Banco Bilbao Vizcaya Argentaria, S.A. 9,804 201,577 Banco Popular Espanol, S.A. 3,456 51,482 Banco Santander Central Hispano S.A. 20,332 296,892 See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Endesa S.A. 2,792 $ 97,068 Gas Natural SDG S.A. 1,296 39,556 Gestevision Telecinco S.A. 1,404 33,660 Iberdrola S.A. 2,644 91,044 Telefonica Publicidad e Informacion S.A. 1,536 16,635 Telefonica S.A. 9,060 150,831 ----------- Total Spain 997,562 ----------- Sweden - 2.7% Axfood AB 204 5,862 Cardo AB 404 13,180 Castellum AB 404 4,136 D Carnegie AB 404 7,403 Electrolux AB Series B 808 11,666 Fabege AB 404 7,515 ForeningsSparbanken AB 2,020 53,000 H&M Hennes & Mauritz AB Class B 2,424 93,885 Holmen AB Class B 404 16,321 Intrum Justitia AB 808 8,020 Klovern AB 2,020 6,029 Kungsleden AB 404 4,739 Nordea Bank AB 8,084 96,513 Oresund Investment AB 404 8,188 Ratos AB Class B 808 11,834 Sandvik AB 3,232 37,576 Scania AB Class A 404 18,143 Skanska AB Class B 1,616 24,901 SKF AB Class B 1,616 25,462 SkiStar AB 108 1,514 Svenska Cellulosa Aktiebolaget SCA Class B 808 33,370 Svenska Handelsbanken Class A 2,020 52,018 Volvo AB Class A 404 19,461 ----------- Total Sweden 560,736 ----------- Switzerland - 0.5% Ciba Specialty Chemicals Holding Inc. 260 14,465 EMS-Chemie Holding AG 68 7,383 Swisscom AG 224 73,600 Vontobel Holding AG 200 6,996 ----------- Total Switzerland 102,444 ----------- See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- United Kingdom - 35.4% Alliance & Leicester PLC 2,356 $ 50,809 Aviva PLC 8,736 123,687 BAA PLC 2,940 50,734 BAE SYSTEMS PLC 8,268 56,543 Barclays PLC 27,880 316,870 Boots Group PLC 3,768 53,627 BP PLC 63,944 745,677 British American Tobacco PLC 7,344 185,002 BT Group PLC 40,008 177,037 Cable & Wireless PLC 25,612 54,476 Centrica PLC 12,496 65,927 Compass Group PLC 11,748 56,983 Diageo PLC 9,728 163,641 DSG International PLC 14,432 50,983 Friends Provident PLC 16,044 53,043 Gallaher Group PLC 3,356 52,450 GlaxoSmithKline PLC 16,876 471,629 GUS PLC 3,080 55,029 Hanson PLC 4,380 53,183 HBOS PLC 15,196 264,194 HSBC Holdings PLC 46,948 826,213 Imperial Tobacco Group PLC 2,352 72,604 ITV PLC 26,480 52,894 Kelda Group PLC 3,640 51,536 Kingfisher PLC 12,368 54,557 Ladbrokes PLC 7,172 54,055 Legal & General Group PLC 22,452 53,257 Liberty International PLC 2,716 53,499 Lloyds TSB Group PLC 38,020 373,750 LogicaCMG PLC 17,428 56,248 National Grid PLC 12,000 129,838 Northern Rock PLC 2,816 52,083 Old Mutual PLC 17,768 53,649 Pearson PLC 3,820 52,036 Persimmon PLC 2,480 56,602 Prudential PLC 6,380 72,099 Reed Elsevier PLC 5,140 51,907 Rentokil Initial PLC 19,172 55,317 Royal & Sun Alliance Insurance Group 21,868 54,400 Royal Bank of Scotland Group (The) PLC 11,256 370,154 See Notes to Schedule of Investments. 10 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE DIEFA HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Royal Dutch Shell PLC Class A 12,660 $ 425,737 Scottish & Newcastle PLC 5,528 52,118 Scottish & Southern Energy PLC 3,456 73,572 Scottish Power PLC 6,464 69,701 Severn Trent PLC 2,300 49,771 Smiths Group PLC 3,232 53,262 Standard Chartered PLC 3,384 82,617 Tesco PLC 19,040 117,620 Tomkins PLC 10,492 55,839 Unilever PLC 4,804 108,045 United Utilities PLC 6,036 71,616 Vodafone Group PLC 14,120 456,420 Yell Group PLC 5,432 51,389 ----------- Total United Kingdom 7,365,929 ----------- TOTAL COMMON STOCKS (Cost: $19,498,929) 20,687,746 =========== Right* - 0.0% France - 0.0% AXA S.A., expiring on 07/01/06 7,244 6,113 ----------- TOTAL LONG-TERM INVESTMENTS (Cost: $19,498,929) 20,693,859 =========== SHORT-TERM INVESTMENT - 0.3% MONEY MARKET FUND - 0.3% United States - 0.3% Columbia Cash Reserves Fund, 4.71%** (Cost: $55,684) 55,684 55,684 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.8% (Cost: $19,554,613)*** 20,749,543 =========== Foreign Cash and Other Assets in Excess of Liabilities - 0.2% 32,583 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $20,782,126 ================================================================================ * Non-income producing security. ** Rate shown represents annualized 7-day yield as of June 30, 2006. ***Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 11 Portfolio Holdings by Sector WisdomTree DIEFA High-Yielding Equity Fund June 30, 2006 (unaudited) Sector Breakdown* US $ Value % of Net Assets -------------------------------------------------------------------------------- Financials $ 8,763,194 42.2% Energy 2,565,705 12.3 Telecommunication Services 2,452,191 11.8 Utilities 1,862,855 8.9 Consumer Discretionary 1,573,632 7.6 Consumer Staples 1,232,914 5.9 Industrials 991,952 4.8 Materials 600,748 2.9 Health Care 524,540 2.5 Information Technology 126,128 0.6 Short-Term Investment 55,684 0.3 Foreign Cash and Other Assets in Excess of Liabilities 32,583 0.2 ----------- ------ $20,782,126 100.0% =========== ====== ---------- * A sector may comprise several industries. ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.7% Austria - 0.5% Andritz AG 12 $ 1,983 Bank Austria Creditanstalt AG 195 23,505 B'OEHLER-UDDEHOLM AG 72 3,936 Erste Bank der oesterreichischen Sparkassen AG 177 9,958 Flughafen Wien AG 36 2,749 Oesterreichische Elektrizitatswirtschafts AG Class A 99 4,760 OMV AG 168 10,000 Semperit AG Holding 51 1,386 Telekom Austria AG 345 7,680 UNIQA Versicherungen AG 54 1,754 voestalpine AG 27 4,101 Wiener Staedtische AG 63 3,706 Wienerberger AG 120 5,700 ----------- Total Austria 81,218 ----------- Belgium - 2.6% Ackermans & van Haaren N.V. 96 6,985 Agfa-Gevaert N.V. 351 8,500 Almancora SCA 90 11,738 Belgacom S.A. 1,161 38,493 Compagnie Maritime Belge S.A. 276 8,015 Delhaize Group 111 7,693 Dexia N.V. 1,767 42,476 Euronav N.V. 273 8,399 Fortis N.V. 3,876 131,930 Groep Colruyt S.A. 45 7,026 Groupe Bruxelles Lambert S.A. 162 16,965 InBev N.V. 414 20,301 KBC Groep N.V. 579 62,114 Mobistar S.A. 132 10,473 Solvay S.A. 135 15,527 UCB S.A. 171 9,249 Umicore 51 6,808 ----------- Total Belgium 412,692 ----------- See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Denmark - 0.6% Auriga Industries A/S Class B 150 $ 3,638 Bang & Olufsen A/S Class B 30 3,317 D/S Torm A/S 150 7,148 Danske Bank A/S 1,515 57,652 H. Lundbeck A/S 303 6,908 Novo-Nordisk A/S Class B 303 19,295 Spar Nord Bank A/S 150 3,343 ----------- Total Denmark 101,301 ----------- Finland - 2.3% Elisa Oyj Class A 453 8,625 Fortum Oyj 3,030 77,486 Kemira Oyj 303 4,979 Metso Oyj 303 10,991 Nokia Oyj 4,848 98,934 Nokian Renkaat Oyj 453 5,954 OKO Bank PLC Class A 303 4,455 Orion Oyj Class B 303 6,017 Outokumpu Oyj 606 14,180 Rautaruukki Oyj 453 13,681 Sampo Oyj Class A 1,212 23,122 Sanoma-WSOY Oyj 393 9,457 Sponda Oyj 606 6,199 Stora Enso Oyj Class R 1,212 16,923 TietoEnator Corp. 243 7,016 UPM-Kymmene Corp. 1,212 26,113 Wartsila Oyj Class B 303 12,785 YIT Oyj 303 7,427 ----------- Total Finland 354,344 ----------- France - 16.3% Accor S.A. 804 48,924 Assurances Generales de France 384 45,295 AXA S.A. 4,338 142,330 BNP Paribas 1,752 167,679 Bouygues S.A. 876 45,028 Carrefour S.A. 1,137 66,643 See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Casino Guichard Perrachon S.A. 588 $ 44,697 Christian Dior S.A. 477 46,750 Cie de Saint-Gobain 699 49,962 Credit Agricole S.A. 1,278 48,615 France Telecom S.A. 11,025 236,972 Gaz de France 1,308 43,902 Groupe Danone 378 48,019 International Real Estate PLC* 477 45,347 Lafarge S.A. 405 50,827 Lagardere SCA 594 43,824 L'Air Liquide S.A. 240 46,737 L'Oreal S.A. 690 65,156 LVMH Moet Hennessy Louis Vuitton S.A. 513 50,902 Natexis Banques Populaires 183 42,095 Peugeot S.A. 717 44,602 PPR S.A. 387 49,335 Renault S.A. 558 59,933 Sanofi-Aventis 1,581 154,244 Schneider Electric S.A. 468 48,770 Societe Generale 849 124,841 Suez S.A. 3,075 127,785 Total S.A. 5,583 367,286 Vallourec S.A. 42 50,481 VINCI S.A. 483 49,747 Vivendi S.A. 2,946 103,213 ----------- Total France 2,559,941 ----------- Germany - 8.4% Adidas AG 483 23,085 Allianz AG 351 55,437 BASF AG 852 68,393 Bayer AG 1,101 50,596 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Bayerische Motoren Werke AG 534 $ 26,670 Beiersdorf AG 165 24,855 Commerzbank AG 669 24,328 Continental AG 228 23,299 DaimlerChrysler AG 2,019 99,727 Deutsche Bank AG 519 58,398 Deutsche Boerse AG 180 24,512 Deutsche Lufthansa AG 1,287 23,697 Deutsche Post AG 2,163 57,969 Deutsche Postbank AG 345 24,818 Deutsche Telekom AG 12,813 206,102 E.ON AG 1,182 136,053 Fresenius Medical Care AG & Co. KGaA 207 23,789 Hypo Real Estate Holding AG 384 23,318 Linde AG 291 22,418 MAN AG 345 24,977 Metro AG 408 23,121 Muenchener Rueckversicherungs AG 354 48,347 RWE AG 771 64,129 SAP AG 147 31,014 Siemens AG 939 81,680 ThyssenKrupp AG 744 25,467 Volkswagen AG 339 23,767 ----------- Total Germany 1,319,966 ----------- Ireland - 0.8% Allied Irish Banks PLC 1,695 40,854 Anglo Irish Bank Corp. PLC 414 6,432 Bank of Ireland 1,734 30,930 C&C Group PLC 378 3,282 CRH PLC 426 13,885 DCC PLC 84 2,017 FBD Holdings PLC 45 2,100 Greencore Group PLC 414 1,936 IAWS Group PLC 117 2,039 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Independent News & Media PLC 1,704 $ 4,979 Irish Life & Permanent PLC 432 10,340 Kerry Group PLC Class A 96 2,062 Kingspan Group PLC 126 2,177 McInerney Holdings PLC 132 1,864 ----------- Total Ireland 124,897 ----------- Italy - 9.2% AEM SpA 11,031 25,614 Alleanza Assicurazioni SpA 2,262 25,626 Assicurazioni Generali SpA 1,038 37,800 Autostrade SpA 897 25,198 Banca Carige SpA 4,833 26,078 Banca Fideuram SpA 4,905 28,537 Banca Intesa SpA 15,534 90,970 Banca Lombarda e Piemontese SpA 1,512 24,379 Banca Monte dei Paschi di Siena SpA 4,425 26,593 Banca Popolare di Verona e Novara S.c.r.l. 927 24,832 Banche Popolari Unite S.c.r.l. 978 25,298 Capitalia SpA 4,398 36,075 Enel SpA 17,676 152,334 ENI SpA 12,540 369,269 Finmeccanica SpA 1,167 25,904 Ifil - Investments SpA 4,605 26,144 Luxottica Group SpA 1,011 27,457 Mediaset SpA 2,253 26,561 Mediobanca SpA 1,293 25,312 RAS Holding SpA 1,416 35,197 Sanpaolo IMI SpA 2,712 47,958 Snam Rete Gas SpA 5,835 25,647 Telecom Italia SpA 46,383 129,142 Terna SpA 9,108 24,282 UniCredito Italiano SpA 18,351 143,603 ----------- Total Italy 1,455,810 ----------- See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Netherlands - 5.3% ABN AMRO Holding N.V. 4,719 $ 129,066 Aegon N.V. 2,940 50,261 Akzo Nobel N.V. 432 23,288 Corio N.V. 219 13,618 Euronext N.V. 495 46,394 European Aeronautic Defence & Space Co. N.V. 1,332 38,253 Heineken Holding N.V. 360 13,271 Heineken N.V. 327 13,861 Hunter Douglas N.V. 192 12,926 ING Groep N.V. 4,452 174,932 Koninklijke DSM N.V. 324 13,489 Koninklijke Philips Electronics N.V. 1,281 40,015 Mittal Steel Co. N.V. 417 12,898 Randstad Holdings N.V. 225 13,188 Reed Elsevier N.V. 1,272 19,127 Rodamco Europe N.V. 213 20,876 Royal KPN N.V. 5,775 64,907 TNT N.V. 558 19,963 Unilever N.V. 3,216 72,908 Vedior N.V. 627 13,164 Wereldhave N.V. 135 13,128 Wolters Kluwer N.V. 555 13,107 ----------- Total Netherlands 832,640 ----------- Norway - 1.5% Acta Holding ASA 1,515 4,821 Aker ASA Class A 60 3,148 Aker Yards AS 60 4,223 Aktiv Kapital ASA 303 5,308 DNB NOR ASA 3,030 37,616 Ekornes ASA 150 2,905 Norsk Hydro ASA 1,665 44,150 Norske Skogindustrier ASA 606 8,887 Orkla ASA 303 14,048 ProSafe ASA 60 3,664 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Schibsted ASA 150 $ 4,002 Statoil ASA 2,271 64,415 Storebrand ASA 909 9,386 Telenor ASA 1,818 21,985 Tomra Systems ASA 606 4,918 Yara International ASA 303 4,042 ----------- Total Norway 237,518 ----------- Portugal - 0.9% Banco BPI S.A. 849 6,448 Banco Comercial Portugues S.A., Class R 6,048 17,168 Banco Espirito Santo, S.A. 891 12,008 Brisa-Auto-estradas de Portugal, S.A. 951 9,923 CIMPOR Cimentos de Portugal, SGPS, S.A. 1,224 8,154 EDP-Energias de Portugal, S.A. 6,885 27,027 Jeronimo Martins, SGPS, S.A. 210 3,585 Portucel-Empresa Produtora De Pasta E Papel, S.A. 1,011 2,818 Portugal Telecom, SGPS, S.A. 3,054 36,863 PT Multimedia-Servicos de Telecomunicacoes e Multimedia, SGPS, S.A. 516 5,971 SAG Gest-Solucoes Automovel Globais, SGPS, S.A. 1,026 2,401 Semapa-Sociedade de Investimento e Gestao, SGPS, S.A. 327 3,449 Sonae SGPS, S.A. 2,106 3,151 ----------- Total Portugal 138,966 ----------- Spain - 6.0% Abertis Infraestructuras S.A. 774 18,121 Acciona S.A. 111 17,237 ACS, Actividades Construccion y Servicios, S.A. 420 17,513 Altadis, S.A. 369 17,439 Antena 3 de Television, S.A. 696 15,894 Banco Bilbao Vizcaya Argentaria, S.A. 5,868 120,650 Banco Popular Espano, S.A. 2,070 30,835 Banco Sabadell S.A. 468 16,366 Banco Santander Central Hispano S.A. 12,174 177,767 Bankinter S.A. 249 16,047 Cia Espanola De Petroleos, S.A. 333 23,759 See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Enagas 783 $ 16,700 Endesa S.A. 1,671 58,095 Fomento de Construcciones y Contratas S.A. 228 17,332 Gas Natural SDG S.A. 777 23,715 Gestevision Telecinco S.A. 840 20,139 Grupo Ferrovial S.A. 234 17,862 Iberdrola S.A. 1,584 54,544 Inditex S.A. 423 17,838 Metrovacesa, S.A. 168 15,166 Repsol YPF, S.A. 1,758 50,330 Telefonica Moviles, S.A. 4,371 61,311 Telefonica Publicidad e Informacion, S.A. 1,476 15,985 Telefonica S.A. 5,427 90,349 Union Fenosa S.A. 414 16,018 ----------- Total Spain 947,012 ----------- Sweden - 4.0% Alfa Laval AB 303 9,065 Assa Abloy AB Class B 606 10,179 Atlas Copco AB Class A 606 16,825 Atlas Copco AB Class B 606 15,732 Electrolux AB Series B 909 13,124 Eniro AB 909 9,559 ForeningsSparbanken AB 1,212 31,800 Gambro AB Class A 606 9,548 H&M Hennes & Mauritz AB Class B 1,362 52,752 Hexagon AB Class B 303 11,021 Industrivarden AB Class A 303 8,497 Investment AB Kinnevik Class B 909 11,168 Investor AB Class A 606 11,063 Investor AB Class B 606 11,105 L E Lundbergforetagen AB Class B 150 7,767 Nordea Bank AB 6,060 72,349 Sandvik AB 1,818 21,137 Scania AB Class A 303 13,607 Scania AB Class B 303 13,755 See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Securitas AB Class B 606 $ 11,609 Skandinaviska Enskilda Banken AB 1,212 28,855 Skanska AB Class B 606 9,338 SKF AB Class B 606 9,548 SSAB Svenskt Stal AB Series A 909 18,108 Svenska Cellulosa Aktiebolaget SCA Class B 303 12,514 Svenska Handelsbanken Class A 1,212 31,211 Swedish Match AB 606 9,759 Telefonaktiebolaget LM Ericsson Class A 3,030 10,011 Telefonaktiebolaget LM Ericsson Class B 15,150 50,055 TeliaSonera AB 7,575 43,010 Volvo AB Class A 303 14,596 Volvo AB Class B 606 29,781 ----------- Total Sweden 628,448 ----------- Switzerland - 5.2% Adecco S.A. 243 14,342 Ciba Specialty Chemicals Holding Inc. 255 14,186 Credit Suisse Group 1,884 105,196 Givaudan S.A. 18 14,143 Holcim Ltd. 213 16,292 Julius Baer Holding Ltd. 177 15,345 Kuehne + Nagel International AG 201 14,603 Nestle S.A. 543 170,214 Novartis AG 2,472 133,589 Roche Holding AG 495 81,665 Serono SA 21 14,477 Swiss Reinsurance Co. 537 37,458 Swisscom AG 132 43,371 UBS AG 1,338 146,361 ----------- Total Switzerland 821,242 ----------- United Kingdom - 36.2% Anglo American PLC 2,790 114,454 AstraZeneca PLC 2,313 139,634 Aviva PLC 7,221 102,237 See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- BAA PLC 5,547 $ 95,721 BAE SYSTEMS PLC 14,526 99,339 Barclays PLC 16,692 189,713 BG Group PLC 7,617 101,786 BHP Billiton PLC 5,505 106,807 BP PLC 38,283 446,434 British American Tobacco PLC 4,395 110,714 British Sky Broadcasting PLC 9,210 97,692 BT Group PLC 23,955 106,002 Centrica PLC 18,456 97,371 Diageo PLC 5,823 97,953 GlaxoSmithKline PLC 10,107 282,457 GUS PLC 5,817 103,930 HBOS PLC 9,099 158,193 HSBC Holdings PLC 28,110 494,693 Land Securities Group PLC 3,000 99,543 Lloyds TSB Group PLC 22,764 223,778 Marks & Spencer Group PLC 9,561 103,802 National Grid PLC 8,658 93,678 Nichols PLC 96 399 Old Mutual PLC 33,543 101,279 Prudential PLC 9,321 105,334 Reckitt Benckiser PLC 2,625 98,072 Reed Elsevier PLC 9,705 98,006 Rio Tinto PLC 1,998 105,652 Royal Bank of Scotland Group (The) PLC 6,741 221,678 Royal Dutch Shell PLC Class A 7,581 254,938 Royal Dutch Shell PLC Class B 5,322 186,137 SABMiller PLC 5,559 100,195 Sage Group PLC 24,117 102,927 Scottish & Southern Energy PLC 4,569 97,266 Standard Chartered PLC 4,152 101,367 Tesco PLC 15,723 97,129 Unilever PLC 4,482 100,803 Vodafone Group PLC 28,202 273,276 Wolseley PLC 4,674 103,132 See Notes to Schedule of Investments. 10 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- WPP Group PLC 8,079 $ 97,799 ----------- Total United Kingdom 5,711,320 ----------- TOTAL COMMON STOCKS (Cost: $14,627,744) 15,727,315 =========== RIGHTS* - 0.0% France - 0.0% AXA S.A., expiring on 7/01/06 4,338 3,661 ----------- Germany - 0.0% Linde AG, expiring on 7/10/06 291 1,124 ----------- TOTAL RIGHTS (Cost: $0) 4,785 ----------- TOTAL LONG-TERM INVESTMENTS (Cost: $14,627,744) 15,732,100 =========== SHORT-TERM INVESTMENT - 0.2% MONEY MARKET FUND - 0.2% United States - 0.2% Columbia Cash Reserves Fund, 4.71%** (Cost: $27,955) 27,955 27,955 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.9% (Cost: $14,655,699)*** 15,760,055 =========== Foreign Cash and Other Assets in Excess of Liabilities - 0.1% 16,779 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $15,776,834 ================================================================================ * Non-income producing security. ** Rate shown represents annualized 7-day yield as of June 30, 2006. ***Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 11 Portfolio Holdings by Sector WisdomTree Europe Total Dividend Fund June 30, 2006 (unaudited) Sector Breakdown* US $ Value % of Net Assets -------------------------------------------------------------------------------- Financials $ 5,233,829 33.1% Energy 1,940,862 12.3 Consumer Discretionary 1,474,510 9.3 Telecommunication Services 1,429,562 9.1 Consumer Staples 1,223,129 7.8 Industrials 1,214,457 7.7 Utilities 1,166,406 7.4 Health Care 880,873 5.6 Materials 868,514 5.5 Information Technology 299,958 1.9 Short-Term Investment 27,955 0.2 Foreign Cash and Other Assets in Excess of Liabilities 16,779 0.1 ----------- ------ $15,776,834 100.0% =========== ====== ---------- * A sector may comprise several industries. ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.8% Austria - 0.1% B'OEHLER-UDDEHOLM AG 135 $ 7,380 ----------- Belgium - 3.1% Almancora SCA 174 22,693 Belgacom S.A. 2,202 73,008 Compagnie Maritime Belge S.A. 525 15,245 Dexia N.V. 3,351 80,553 Euronav N.V. 429 13,198 Fortis N.V. 7,353 250,279 Gimv N.V. 153 8,895 Mobistar S.A. 255 20,232 Tessenderlo Chemie N.V. 240 8,534 ----------- Total Belgium 492,637 ----------- Denmark - 0.8% D/S Torm A/S 303 14,439 Danske Bank A/S 2,724 103,660 ----------- Total Denmark 118,099 ----------- Finland - 2.5% Elisa Oyj Class A 756 14,394 Fiskars Oyj Abp Class A 453 5,862 Fortum Oyj 5,451 139,398 Kesko Oyj Class B 303 11,615 OKO Bank PLC Class A 909 13,366 Orion Oyj Class B 303 6,017 Poyry Oyj 606 6,509 Rautaruukki Oyj 909 27,453 Sampo Oyj Class A 2,118 40,406 Sanoma-WSOY Oyj 756 18,193 Sponda Oyj 606 6,199 Stora Enso Oyj Class R 2,421 33,804 TietoEnator Oyj 303 8,748 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- UPM-Kymmene Corp. 2,421 $ 52,161 Uponor Corp. 303 8,194 ----------- Total Finland 392,319 ----------- France - 9.8% Assurances Generales de France 684 80,681 BNP Paribas 3,321 317,843 Casino Guichard Perrachon S.A. 453 34,435 Euler Hermes S.A. 255 28,139 France Telecom S.A. 20,922 449,700 Gecina S.A. 321 42,030 M6-Metropole Television 852 26,658 PagesJaunes Groupe S.A. 1,917 60,176 Rallye S.A. 594 26,393 Societe Generale 1,611 236,889 Unibail 189 32,939 Vivendi S.A. 5,589 195,811 ----------- Total France 1,531,694 ----------- Germany - 4.2% AWD Holding AG 357 11,969 DaimlerChrysler AG 3,831 189,229 Deutsche Lufthansa AG 1,701 31,320 Deutsche Telekom AG 24,318 391,165 Norddeutsche Affinerie AG 501 12,261 TUI AG 1,236 24,481 ----------- Total Germany 660,425 ----------- Ireland - 0.6% Allied Irish Banks PLC 3,213 77,441 Fyffes PLC 1,839 3,248 Independent News & Media PLC 3,231 9,440 ----------- Total Ireland 90,129 ----------- See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Italy - 14.3% AEM SpA 16,689 $ 38,752 Alleanza Assicurazioni SpA 3,420 38,745 Arnoldo Mondadori Editore SpA 4,332 41,765 Banca Fideuram SpA 7,422 43,180 Banca Intesa SpA 29,481 172,647 Banche Popolari Unite S.c.r.l 1,479 38,257 Enel SpA 33,543 289,077 ENI SpA 23,799 700,816 Mediaset SpA 4,080 48,100 RAS Holding SpA 2,685 66,741 Sanpaolo IMI SpA 5,148 91,036 Snam Rete Gas SpA 11,073 48,670 Telecom Italia SpA 88,023 245,079 Terna SpA 13,776 36,727 Toro Assicurazioni SpA 1,977 52,757 UniCredito Italiano SpA 34,827 272,533 ----------- Total Italy 2,224,882 ----------- Netherlands - 6.7% ABN AMRO Holding N.V. 8,958 245,004 Aegon N.V. 5,577 95,342 Corio N.V. 363 22,572 Eurocommercial Properties N.V. 480 18,388 Heijmans N.V. 375 18,604 ING Groep N.V. 8,451 332,064 Rodamco Europe N.V. 402 39,399 Royal KPN N.V. 10,962 123,206 Unilever N.V. 6,102 138,335 Wereldhave N.V. 189 18,379 ----------- Total Netherlands 1,051,293 ----------- See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Norway - 0.9% ABG Sundal Collier ASA 3,027 $ 4,612 Acta Holding ASA 3,027 9,632 Aker Yards AS 60 4,223 Camillo Eitzen & Co. AS 333 3,318 DnB NOR ASA 5,751 71,395 Ekornes ASA 303 5,868 Norske Skogindustrier ASA 1,212 17,773 Sparebanken Midt-Norge 303 3,640 Storebrand ASA 1,515 15,643 Veidekke ASA 150 4,990 ----------- Total Norway 141,094 ----------- Portugal - 0.9% CIMPOR-Cimentos de Portugal, SGPS, S.A. 2,325 15,489 EDP-Energias de Portugal, S.A. 13,062 51,274 Portugal Telecom, SGPS, S.A. 5,793 69,924 SAG Gest-Solucoes Automovel Globais, SGPS, S.A. 1,248 2,920 Semapa-Sociedade de Investimento e Gestao, SGPS 618 6,519 ----------- Total Portugal 146,126 ----------- Spain - 5.4% Antena 3 de Television, S.A. 936 21,375 Banco Santander Central Hispano S.A. 23,100 337,310 Endesa S.A. 3,174 110,349 Gas Natural SDG S.A. 1,473 44,958 Gestevision Telecinco S.A. 1,596 38,264 Iberdrola S.A. 3,006 103,509 Telefonica Publicidad e Informacion S.A. 1,743 18,877 Telefonica S.A. 10,299 171,458 ----------- Total Spain 846,100 ----------- See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Sweden - 3.5% Axfood AB 303 $ 8,707 Castellum AB 909 9,306 Electrolux AB Series B 1,212 17,498 Fabege AB 606 11,273 ForeningsSparbanken AB 2,118 55,571 H&M Hennes & Mauritz AB Class B 2,724 105,504 Holmen AB Class B 303 12,240 Industrivarden AB Class C 303 7,971 Kungsleden AB 909 10,663 Nordea Bank AB 10,596 126,503 Ratos AB Class B 606 8,875 Scania AB Class A 606 27,215 Skanska AB Class B 1,818 28,014 Svenska Cellulosa Aktiebolaget SCA Class B 606 25,028 Svenska Handelsbanken Class A 2,421 62,344 Volvo AB Class A 606 29,192 ----------- Total Sweden 545,904 ----------- Switzerland - 0.7% Ciba Specialty Chemicals Holding Inc. 297 16,523 EMS-Chemie Holding AG 75 8,143 Swisscom AG 252 82,800 ----------- Total Switzerland 107,466 ----------- United Kingdom - 46.3% Alliance & Leicester PLC 5,706 123,054 Aviva PLC 9,927 140,550 Barclays PLC 31,677 360,024 BP PLC 72,651 847,213 British American Tobacco PLC 8,346 210,243 BT Group PLC 45,459 201,158 Centrica PLC 23,661 124,832 Compass Group PLC 28,425 137,874 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Diageo PLC 11,055 $ 185,963 Gallaher Group PLC 8,121 126,921 GUS PLC 7,461 133,303 Hanson PLC 9,879 119,954 HBOS PLC 17,262 300,113 HSBC Holdings PLC 53,349 938,861 Imperial Tobacco Group PLC 4,017 124,001 Kingfisher PLC 29,940 132,071 Legal & General Group PLC 54,336 128,888 Lloyds TSB Group PLC 43,194 424,613 National Grid PLC 13,638 147,561 Old Mutual PLC 43,008 129,858 Pearson PLC 9,246 125,948 Rentokil Initial PLC 46,410 133,907 Royal Bank of Scotland Group (The) PLC 12,792 420,665 Royal Dutch Shell PLC Class A 14,385 483,746 Scottish & Southern Energy PLC 5,859 124,728 Scottish Power PLC 11,790 127,130 Smiths Group PLC 7,833 129,084 Unilever PLC 5,745 129,208 Vodafone Group PLC 243,291 518,601 ----------- Total United Kingdom 7,230,072 ----------- TOTAL COMMON STOCKS (Cost: $14,670,535) 15,585,620 =========== SHORT-TERM INVESTMENT - 0.0% MONEY MARKET FUND - 0.0% United States - 0.0% Columbia Cash Reserves Fund, 4.71%* (Cost: $5,000) 5,000 5,000 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.8% (Cost: $14,675,535)** 15,590,620 =========== Foreign Cash and Other Assets in Excess of Liabilities - 0.2% 25,256 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $15,615,876 ================================================================================ *Rate shown represents annualized 7-day yield as of June 30, 2006. **Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 6 Portfolio Holdings by Sector WisdomTree Europe High-Yielding Equity Fund June 30, 2006 (unaudited) Sector Breakdown* US $ Value % of Net Assets ------------------------------------------------------------------------------- Financials $ 6,602,390 42.3% Telecommunication Services 2,360,724 15.1 Energy 2,059,413 13.2 Utilities 1,386,965 8.9 Consumer Discretionary 1,359,216 8.7 Consumer Staples 999,070 6.4 Industrials 439,815 2.8 Materials 363,262 2.3 Information Technology 8,748 0.1 Health Care 6,017 0.0# Short-Term Investment 5,000 0.0# Foregin Cash and Other Assets in Excess of Liabilities 25,256 0.2 ----------- ------ $15,615,876 100.0% =========== ====== ---------- * A sector may comprise several industries. # Represents less than 0.05%. ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.7% Austria - 0.8% AT&S Austria Technologie & Systemtechnik AG 912 $ 18,343 Flughafen Wien AG 1,312 100,186 Schoeller-Bleckmann Oilfield Equipment AG 312 11,809 Semperit AG Holding 1,172 31,845 ----------- Total Austria 162,183 ----------- Belgium - 4.8% Barco N.V. 704 65,037 Compagnie Maritime Belge S.A. 10,012 290,730 Cumerio 1,756 35,162 Econocom Group S.A./N.V. 1,292 10,325 Euronav N.V. 8,176 251,529 EVS Broadcast Equipment S.A. 748 36,918 Gimv N.V. 2,964 172,328 Melexis N.V. 3,052 52,176 Tessenderlo Chemie N.V. 2,412 85,769 ----------- Total Belgium 999,974 ----------- Denmark - 2.3% Amagerbanken A/S 304 18,994 Auriga Industries Class B 808 19,598 Bang & Olufsen A/S Class B 404 44,668 D/S Torm A/S 6,456 307,653 NKT Holding A/S 1,008 62,981 Spar Nord Bank A/S 1,612 35,922 ----------- Total Denmark 489,816 ----------- Finland - 5.2% Amer Sports Oyj 4,236 88,449 Aspo Oyj 3,028 24,237 CapMan Oyj Class B 4,036 12,644 Citycon Oyj 12,104 55,871 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Comptel PLC 4,540 $ 9,869 Elcoteq SE 1,612 32,464 Elektrobit Group Oyj 7,668 21,766 Finnair Oyj 4,036 62,702 Finnlines Oyj 1,612 31,227 Fiskars Oyj Abp Class A 4,640 60,041 Hk-Ruokatalo Oyj Class A 1,612 19,602 KCI Konecranes Oyj 2,016 36,295 Kemira GrowHow Oyj 7,264 41,332 Kyro Oyj Abp 3,228 17,335 Lassila & Tikanoja Oyj 2,016 41,708 M-real Oyj Class B 16,140 79,867 Perlos Oyj 1,412 13,378 PKC Group Oyj 1,212 20,069 Ponsse Oyj 1,776 27,478 Poyry Oyj 4,440 47,689 Raisio PLC Class V 8,068 17,125 Rakentajain Konevuokraam Class B 1,212 20,844 Ramirent Oyj 808 32,028 Rapala VMC Oyj 1,212 9,515 Scanfil Oyj 3,632 12,864 Sponda Oyj 9,684 99,060 Stockmann Oyj Abp Class B 1,936 78,571 Talentum Oyj 7,668 31,767 Technopolis PLC 1,612 12,161 Vacon PLC 404 11,396 Vaisala Oyj Class A 808 24,796 ----------- Total Finland 1,094,150 ----------- France - 3.0% Acanthe Developpement S.A. 13,572 67,506 Alain Afflelou S.A. 824 36,771 Assystem 708 19,862 Bacou Dalloz 128 15,237 See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Canal Plus S.A. 9,420 $ 93,227 CFF RECYCLING 772 28,133 FONCIA Groupe 812 35,810 Groupe Steria SCA 276 14,557 Haulotte Group 404 11,597 Ingenico 524 11,524 Kaufman & Broad S.A. 804 43,794 Lectra 2,136 14,339 Manitou BF S.A. 1,940 89,921 Oberthur Card Systems S.A. 4,216 31,644 Provimi S.A. 520 17,221 Rodriguez Group 372 20,353 Ste Industrielle d'Aviation Latecoere S.A. 656 23,872 Trigano S.A. 672 35,659 Viel et Compagnie 5,132 29,660 ----------- Total France 640,687 ----------- Germany - 5.8% AWD Holding AG 3,376 113,184 Balda AG 1,644 19,529 BayWa AG 792 21,327 Bechtle AG 956 19,412 Comdirect Bank AG 7,748 74,897 Curanum AG 1,004 10,206 DAB Bank AG 3,612 31,036 Deutsche Beteiligungs AG 648 13,506 Deutsche Euroshop AG 1,228 85,418 ElringKlinger AG 772 37,856 Gerry Weber International AG 868 19,145 Grammer AG 960 23,936 H&R WASAG AG 520 19,063 IDS Scheer AG 672 13,250 Indus Holding AG 1,484 52,903 Kloeckner-Werke AG 7,952 120,489 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Krones AG 268 $ 33,576 Leoni AG 1,124 42,268 Medion AG 1,688 22,102 MPC Muenchmeyer Petersen Capital AG 1,404 103,979 MVV Energie AG 3,468 93,122 Norddeutsche Affinerie AG 3,556 87,027 Sixt AG 452 26,008 Software AG 1,060 55,136 Takkt AG 1,720 27,381 Vossloh AG 888 45,009 ----------- Total Germany 1,210,765 ----------- Ireland - 1.2% Abbey PLC 1,836 22,073 Fyffes PLC 35,040 61,892 Glanbia PLC 12,620 36,630 Greencore Group PLC 12,660 59,207 McInerney Holdings PLC 1,244 17,567 Paddy Power PLC 1,456 25,208 United Drug PLC 6,212 26,541 ----------- Totla Ireland 249,118 ----------- Italy - 6.8% Aedes SPA 6,080 40,076 AEM Torino SpA 16,864 43,514 Amga SpA 12,164 26,441 Astaldi SpA 2,892 17,334 Azimut Holding SpA 1,648 17,174 Banca IFIS SpA 1,052 14,797 Banca Intermobiliare SpA 8,816 96,719 Banca Popolare dell'Etruria e del Lazio 1,572 29,889 Banca Popolare di Intra 1,356 20,615 Banca Profilo SpA 14,968 43,828 Banco di Desio e della Brianza SpA 2,892 23,260 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Brembo SpA 3,648 $ 36,267 Caltagirone Editore SpA 6,960 59,048 Caltagirone SpA 1,428 16,324 Cam Finanziara SpA 11,308 25,101 Cementir SpA 4,464 32,906 Cofide SpA 19,512 25,348 Credito Artigiano SpA 10,384 43,816 Cremonini SpA 29,308 78,509 Ergo Previdenza SpA 6,176 34,904 Fiera Milano SpA 2,220 25,562 Gewiss SpA 2,876 22,947 GranitiFiandre SpA 996 10,717 IMMSI SpA 7,128 20,006 Indesit Co., SpA 7,556 82,944 Industria Macchine Automatiche SpA 2,588 33,588 Interpump SpA 3,500 30,656 Isagro SpA 1,000 10,204 Marzotto SpA 3,396 13,135 Mirato SpA 1,008 11,316 Mittel SpA 3,136 19,849 Monrif SpA 7,588 11,643 Navigazione Montanari SpA 5,092 21,811 Permasteelisa SpA 1,100 19,551 Piccolo Credito Valtellinese Scarl 6,364 87,883 Premafin Finanziaria SpA 3,848 10,714 Premuda SpA 11,112 21,597 Recordati SpA 8,508 62,118 Societa Iniziative Autostradali e Servizi SpA 9,600 120,971 Sogefi SpA 6,668 46,637 Sol SpA 2,560 14,403 Vittoria Assicurazioni SpA 836 11,491 ----------- Total Italy 1,435,613 ----------- See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Netherlands - 5.6% Arcadis N.V. 508 $ 24,072 Beter BED Holdings N.V. 1,440 36,125 Binck N.V. 764 13,315 Eurocommercial Properties N.V. 3,680 140,975 Getronics N.V. 2,044 21,980 Heijmans N.V. 1,696 84,141 Imtech N.V. 1,436 69,406 Koninklijke Wessanen N.V. 7,992 108,730 Macintosh Retail Group N.V. 1,012 33,747 Nieuwe Steen Investments N.V. 4,776 128,243 OCE N.V. 7,932 116,433 Smit Internationale N.V. 620 43,602 Telegraaf Media Groep N.V. 2,044 55,251 Ten Cate N.V. 1,096 32,162 Univar N.V. 1,176 55,712 Van der Moolen Holding N.V. 1,844 13,416 Vastned Offices 2,392 84,110 Vastned Retail N.V. 1,332 108,151 Wegener N.V. 872 12,990 ----------- Total Netherlands 1,182,561 ----------- Norway - 3.8% ABG Sundal Collier ASA 60,524 92,207 Acta Holding ASA 44,384 141,228 Aker Yards AS 1,612 113,466 Aktiv Kapital ASA 3,228 56,544 Camillo Eitzen & Co. AS 3,552 35,391 EDB Business Partner ASA 1,612 12,823 Ekornes ASA 4,440 85,980 Expert ASA 1,612 22,020 Hafslund ASA Class B 2,016 29,806 Leroy Seafood Group ASA 404 7,661 P4 Radio Hele Norge ASA 2,016 7,452 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Solstad Offshore ASA 404 $ 7,661 Sparebanken Midt-Norge 7,264 87,260 Tomra Systems ASA 2,420 19,640 Veidekke ASA 2,420 80,503 ----------- Total Norway 799,642 ----------- Portugal - 1.2% Corticeira Amorim S.A. 6,880 17,506 Finibanco Holding SGPS S.A. 4,856 13,660 Mota Engil SGPS S.A. 9,188 48,520 SAG GEST-Solucoes Automovel Globais SGPS S.A. 23,792 55,672 Semapa-Sociedade de Investimento e Gestao 11,800 124,477 ----------- Total Portugal 259,835 ----------- Spain - 1.5% Campofrio Alimentacion S.A. 3,868 67,510 Dinamia 668 17,125 Europistas Concesionaria Espanola S.A. 5,932 38,607 Faes Farma S.A. 1,476 35,406 Grupo Duro Felguera S.A. 2,352 12,421 Grupo Empresarial Ence S.A. 1,376 52,730 Miquel y Costas 368 10,822 Prosegur Cia de Seguridad S.A. 1,928 48,072 Tubacex S.A. 2,124 12,683 Tubos Reunidos S.A. 1,164 17,816 ----------- Total Spain 313,192 ----------- Sweden - 10.4% AddTech AB Class B 1,612 24,392 Avanza AB 808 15,143 Axfood AB 4,840 139,083 Bergman & Beving AB Class B 808 16,657 Bilia AB Class A 3,228 44,364 Billerud AB 3,228 42,795 See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Brostrom AB Class B 3,228 $ 63,633 Cardo AB 2,016 65,768 Castellum AB 12,912 132,195 Clas Ohlson AB Class B 2,016 41,980 Concordia Maritime AB Class B 1,612 10,003 D Carnegie AB 8,876 162,649 Fabege AB 10,492 195,174 Gambro AB Class B 2,420 38,298 Gunnebo AB 1,612 17,903 Haldex AB 808 17,386 HIQ International AB 5,648 30,735 Hoganas AB Class B 3,228 80,213 Hufvudstaden AB Class A 10,088 77,374 Industrivarden AB Class C 4,036 106,174 Intrum Justitia AB 4,840 48,041 Invik & Co. AB 808 13,068 JM AB 3,232 51,373 Klovern AB 10,088 30,109 Kungsleden AB 12,912 151,464 Munters AB 1,008 33,654 NCC AB Class B 3,632 87,731 Nibe Industrier AB Class B 1,616 16,937 Nolato AB Class B 1,612 17,679 Novestra AB 6,052 20,668 ORC Software AB 1,612 11,637 Oresund Investment AB 4,440 89,990 Peab AB 4,036 65,554 Q-Med AB 1,612 21,035 SkiStar AB 2,420 33,931 Ssab Svenskt Stal AB Series B 3,636 68,647 Svenska Handelsbanken Class B 1,212 31,547 Wallenstam Byggnads AB Class B 2,420 33,091 WM-data AB Class B 12,104 37,303 ----------- Total Sweden 2,185,378 ----------- See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Switzerland - 0.3% Ascom Holding AG 1,084 $ 11,327 Kudelski S.A. 924 22,289 Swiss Steel AG 400 19,592 ----------- Totla Switzerland 53,208 ----------- United Kingdom - 47.0% Abacus Group PLC 6,816 18,279 Abbot Group PLC 6,560 36,126 Aero Inventory PLC 2,824 15,826 Aga Foodservice Group PLC 6,216 44,320 Aggreko PLC 13,308 70,703 Alba PLC 4,748 18,178 Alexon Group PLC 5,044 13,317 Alfred McAlpine PLC 6,180 50,979 Alphameric PLC 8,292 11,157 Amstrad PLC 6,684 22,994 Anglo Pacific Group PLC 6,612 15,745 Arla Foods UK PLC 34,616 32,812 Atkins WS PLC 3,444 53,029 Atrium Underwriting PLC 5,300 19,434 Babcock International Group PLC 6,504 39,697 Beazley Group PLC 30,408 59,616 Bespak PLC 1,888 21,353 Big Yellow Group PLC 1,864 14,480 Blacks Leisure Group PLC 1,680 16,841 Body Shop International PLC 9,416 52,159 Bodycote International PLC 16,480 77,192 Bovis Homes Group PLC 7,228 107,349 BPP Holdings PLC 3,604 26,313 Brewin Dolphin Holdings PLC 12,044 40,487 Brit Insurance Holdings PLC 50,224 244,770 British Polythene Industries 2,116 23,462 See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- BSS Group PLC 3,400 $ 19,903 Business Post Group PLC 6,332 49,363 Capital & Regional PLC 2,540 47,519 Carillion PLC 14,692 85,325 Carpetright PLC 5,504 129,081 Castings PLC 3,168 16,187 Centaur Media PLC 5,516 10,661 Charles Taylor Consulting PLC 2,112 15,029 Chaucer Holdings PLC 30,748 34,122 Chemring Group PLC 716 15,487 Chesnara PLC 16,968 56,176 Chloride Group PLC 10,500 19,663 Christian Salvesen PLC 33,580 42,854 Clarkson PLC 1,044 16,509 Clinton Cards PLC 28,732 28,298 Communisis PLC 18,788 26,583 Computacenter PLC 14,124 61,846 Cranswick PLC 2,276 28,288 Crest Nicholson PLC 6,368 60,097 Croda Internationa PLC 7,396 59,334 Dairy Crest Group PLC 12,536 116,741 Dart Group PLC 1,360 10,074 Datamonitor PLC 2,520 17,805 Davis Service Group PLC 14,640 127,738 Dawson Holdings PLC 8,200 17,896 De La Rue PLC 12,836 129,744 De Vere Group PLC 3,128 50,102 Dechra Pharmaceuticals PLC 2,676 11,879 Delta PLC 8,820 19,331 Derwent Valley Holdings PLC 1,004 29,117 Devro PLC 13,436 29,075 Diploma PLC 1,308 17,660 Domestic & General Group PLC 2,368 42,352 Domino Printing Sciences PLC 5,968 31,376 See Notes to Schedule of Investments. 10 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Domino's Pizza UK & IRL PLC 1,692 $ 14,536 DS Smith PLC 47,852 132,757 DTZ Holdings PLC 1,448 18,211 DX Services PLC 2,408 14,630 E2V Technologies PLC 3,072 13,466 Elementis PLC 12,996 18,929 Ennstone PLC 18,480 16,663 Enterprise PLC 3,112 24,692 Erinaceous Group PLC 4,488 24,902 Euromoney Institutional Investor PLC 7,928 63,528 European Motor Holdings PLC 2,820 23,471 Expro International Group PLC 2,432 30,565 Fenner PLC 10,296 37,848 Filtrona PLC 10,088 54,296 Findel PLC 5,612 58,801 FKI PLC 52,728 104,350 Forth Ports PLC 2,564 86,973 French Connection Group PLC 5,808 20,706 Future PLC 30,816 22,513 Galliford Try PLC 11,560 24,588 Game Group PLC 22,100 33,415 Games Workshop Group PLC 4,468 22,478 GCAP Media PLC 14,200 60,538 Genus PLC 1,996 15,985 Go-Ahead Group PLC 3,168 115,195 Grainger Trust PLC 2,692 24,646 Great Portland Estates PLC 8,548 79,050 Greggs PLC 748 55,339 Halfords Group PLC 20,688 114,025 Halma PLC 28,724 105,058 Hardy Underwriting Group PLC 3,060 12,013 Hardys & Hansons PLC 1,144 22,174 Headlam Group PLC 6,184 58,160 Helical Bar PLC 2,004 13,899 See Notes to Schedule of Investments. 11 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Helphire PLC 4,632 $ 32,898 Highway Insurance Holdings PLC 32,404 44,650 Hill & Smith Holdings PLC 2,992 13,295 Hiscox PLC 22,292 85,965 Hitachi Capital UK PLC 4,668 18,433 HMV Group PLC 36,140 114,969 Holidaybreak PLC 3,872 47,624 Homeserve PLC 1,736 49,768 Hornby PLC 2,656 12,207 House Of Fraser PLC 23,112 56,853 Hunting PLC 3,996 28,732 Huntleigh Technology PLC 2,476 16,314 IG Group Holdings PLC 4,684 18,409 Interior Services Group PLC 2,016 9,769 Intermediate Capital Group PLC 5,112 127,357 Interserve PLC 8,900 62,552 iSOFT Group PLC 14,368 20,529 ITE Group PLC 11,800 25,589 J D Wetherspoon PLC 3,984 31,630 James Fisher & Sons PLC 2,212 17,838 James Halstead PLC 5,668 39,207 Jardine Lloyd Thompson Group PLC 26,020 179,026 JJB Sports PLC 27,700 91,834 John Laing PLC 5,968 31,238 John Menzies PLC 4,448 38,008 Johnson Service Group PLC 5,708 43,496 Keller Group PLC 2,852 30,647 Kensington Group PLC 2,264 43,130 Kier Group PLC 1,212 33,782 Kiln PLC 22,892 36,518 Laird Group PLC 9,432 68,035 Liontrust Asset Management PLC 2,068 12,679 London Merchant Securities 18,148 67,467 London Scottish Bank PLC 15,956 32,315 Lookers PLC 1,280 18,703 See Notes to Schedule of Investments. 12 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Luminar PLC 4,704 $ 48,200 Majestic Wine PLC 2,700 14,432 Marshalls PLC 11,968 68,620 Matalan PLC 45,988 143,746 Mcbride PLC 11,312 37,189 McCarthy & Stone PLC 5,636 95,745 McKay Securities PLC 2,668 20,466 Metal Bulletin PLC 2,316 13,054 Metalrax Group PLC 20,848 26,510 Minerva PLC 2,872 13,545 Mitie Group PLC 12,684 43,811 MJ Gleeson Group PLC 2,180 15,937 Morgan Sindall PLC 2,064 43,595 Morse PLC 15,816 22,963 Mothercare PLC 3,920 23,563 MP Evans Group PLC 3,492 16,260 N Brown Group PLC 17,796 70,437 Nichols PLC 3,588 14,911 Northern Foods PLC 102,216 150,298 Northgate PLC 2,984 57,729 Numis Corp PLC 2,232 11,229 Office2office PLC 2,960 12,729 Paragon Group of Cos. PLC 4,944 59,803 Pendragon PLC 6,556 72,451 Photo-Me International PLC 19,104 37,454 Premier Farnell PLC 38,064 124,786 Premier Foods PLC 23,412 132,178 Primary Health Properties PLC 1,528 11,382 Psion PLC 4,140 11,792 PZ Cussons PLC 2,440 62,594 Quintain Estates & Development PLC 4,872 58,211 RAB Capital PLC 8,372 12,929 Rathbone Brothers PLC 2,520 52,062 Redrow PLC 8,448 77,773 See Notes to Schedule of Investments. 13 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Renishaw PLC 3,464 $ 54,778 Rensburg Sheppards PLC 1,580 19,521 Restaurant Group PLC 10,872 40,770 Ricardo PLC 3,460 17,230 RM PLC 5,172 15,592 Robert Walters PLC 2,148 9,694 Robert Wiseman Dairies PLC 3,936 27,882 ROK PLC 1,344 13,125 Rotork PLC 4,064 51,488 royalblue group PLC 780 10,863 RPC Group PLC 6,620 28,651 RPS Group PLC 4,724 18,916 Savills PLC 6,344 68,348 Schroders PLC 3,456 59,957 ScS Upholstery PLC 2,596 21,366 Senior PLC 22,688 24,024 Severfield-Rowen PLC 1,044 24,639 Shaftesbury PLC 2,884 27,417 Shanks Group PLC 17,740 55,779 SMG PLC 19,472 29,442 Songbird Estates PLC Class B 61,196 239,386 Spectris PLC 6,404 72,548 Speedy Hire PLC 1,500 24,275 Spirax-Sarco Engineering PLC 3,984 66,944 SSL International PLC 8,988 49,414 St. Ives Group PLC 17,436 68,932 St. Modwen Properties PLC 4,916 41,098 Stanley Leisure PLC 3,792 45,167 T. Clarke PLC 3,588 16,076 TDG PLC 11,596 48,149 Ted Baker PLC 2,068 19,182 Thorntons PLC 8,580 20,670 Titan Europe PLC 4,064 17,701 Topps Tiles PLC 20,812 85,454 See Notes to Schedule of Investments. 14 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Tribal Group PLC 2,724 $ 9,963 TT electronics PLC 21,372 73,128 Ultra Electronics Holdings PLC 2,292 41,035 Umbro PLC 9,260 24,149 Umeco PLC 2,676 22,656 Uniq PLC 13,076 36,519 UNITE Group PLC 1,608 11,933 UTV PLC 3,512 22,085 Victrex PLC 3,264 46,484 Vitec Group (The) PLC 2,632 21,164 Vp PLC 2,088 11,933 VT Group PLC 8,284 74,617 Wagon PLC 10,396 44,561 Warner Estate Holdings PLC 3,360 42,507 Wellington Underwriting PLC 43,092 69,539 WH Smith PLC 11,212 100,990 Whatman PLC 4,264 24,980 White Young Green PLC 1,752 11,520 Wilmington Group PLC 3,704 13,393 Wincanton PLC 9,404 54,006 Woolworths Group PLC 159,748 93,070 Workspace Group PLC 4,256 28,495 WSP Group PLC 2,024 15,723 Xansa PLC 30,080 41,309 XP Power PLC 1,528 11,071 Yule Catto & Co. PLC 14,608 61,399 Zetex PLC 8,960 11,186 ----------- Total United Kingdom 9,891,976 ----------- TOTAL COMMON STOCKS (Cost: $19,974,972) 20,968,098 =========== See Notes to Schedule of Investments. 16 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE EUROPE SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- SHORT-TERM INVESTMENT - 0.2% MONEY MARKET FUND - 0.2% United States - 0.2% Columbia Cash Reserves Fund, 4.71%* (Cost: $33,682) 33,682 $ 33,682 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.9% (Cost: $20,008,654)** 21,001,780 =========== Cash, Foreign Cash and Other Assets in Excess of Liabilities - 0.1% 25,805 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $21,027,585 ================================================================================ * Rate shown represents annualized 7-day yield as of June 30, 2006. **Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 16 Portfolio Holdings by Sector WisdomTree Europe SmallCap Dividend Fund June 30, 2006 (unaudited) Sector Breakdown* US $ Value % of Net Assets ------------------------------------------------------------------------------- Financials $ 5,686,443 27.0% Industrials 5,094,486 24.2 Consumer Discretionary 4,259,532 20.3 Information Technology 1,592,855 7.6 Materials 1,552,644 7.4 Consumer Staples 1,474,008 7.0 Energy 786,169 3.7 Health Care 329,078 1.6 Utilities 192,883 0.9 Short-Term Investment 33,682 0.2 Cash, Foreign Cash and Other Assets in Excess of Liabilities 25,805 0.1 ----------- ------ $21,027,585 100.0% ============ ====== ---------- * A sector may comprise several industries. ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Japan - 100.0% COMMON STOCKS - 100.0% Consumer Discretionary - 22.9% Aisin Seiki Co., Ltd. 1,200 $ 35,691 Bridgestone Corp. 4,400 84,871 Canon Marketing Japan, Inc. 1,600 33,032 Casio Computer Co., Ltd. 2,000 38,228 Daihatsu Motor Co., Ltd. 4,000 35,621 Daimaru, Inc. 4,000 53,046 Daito Trust Construction Co., Ltd. 800 44,369 Daiwa House Industry Co., Ltd. 4,000 64,034 Denso Corp. 4,800 157,040 Fast Retailing Co., Ltd. 800 65,433 Fuji Heavy Industries Ltd. 8,000 46,818 Fuji Photo Film Co., Ltd. 2,000 67,183 Hakuhodo DY Holdings, Inc. 400 29,462 Hikari Tsushin, Inc. 400 21,624 Honda Motor Co., Ltd. 11,200 355,649 Isetan Co., Ltd. 1,600 27,293 Isuzu Motors Ltd. 12,000 38,945 Makita Corp. 1,200 38,000 Marui Co., Ltd. 2,400 37,412 Matsushita Electric Industrial Co., Ltd. 12,000 253,510 Mazda Motor Corp. 4,000 25,089 NGK Spark Plug Co., Ltd. 4,000 80,479 NHK Spring Co., Ltd. 4,000 46,083 Nikon Corp. 4,000 69,912 Nippon Television Network Corp. 240 32,689 Nissan Motor Co., Ltd. 49,600 542,361 Nitori Co., Ltd. 600 29,235 NOK Corp. 1,200 34,851 Onward Kashiyama Co., Ltd. 4,000 61,619 Oriental Land Co., Ltd. 400 22,534 Pioneer Corp. 2,000 32,297 Sankyo Co., Ltd. 400 25,438 Sega Sammy Holdings, Inc. 2,000 74,181 Sekisui Chemical Co., Ltd. 4,000 34,571 Sekisui House Ltd. 4,000 54,971 Sharp Corp. 8,000 126,528 Shimamura Co., Ltd. 400 43,879 Sony Corp. 2,800 123,693 Stanley Electric Co., Ltd. 1,600 33,032 Sumitomo Rubber Industries, Inc. 2,800 30,838 Suzuki Motor Corp. 1,600 34,641 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Takashimaya Co., Ltd. 4,000 $ 50,247 Toho Co., Ltd. 2,000 39,977 Tokyo Broadcasting System, Inc. 1,200 28,920 Toyoda Gosei Co., Ltd. 1,600 32,122 Toyota Boshoku Corp. 2,000 30,582 Toyota Industries Corp. 1,600 63,264 Toyota Motor Corp. 26,000 1,362,376 Yamada Denki Co., Ltd. 400 40,835 Yamaha Corp. 1,600 30,092 Yamaha Motor Co., Ltd. 1,200 31,387 ----------- Total Consumer Discretionary 4,795,984 ----------- Consumer Staples - 5.5% Aeon Co., Ltd. 2,400 52,697 Ajinomoto Co., Inc. 4,000 44,334 Asahi Breweries Ltd. 3,200 44,984 Coca-Cola West Japan Co., Ltd. 1,200 25,456 FamilyMart Co., Ltd. 1,200 34,641 ITO EN, Ltd. 800 29,322 Japan Tobacco, Inc. 40 145,913 Kao Corp. 4,000 104,798 Kikkoman Corp. 4,000 49,897 Kirin Brewery Co., Ltd. 4,000 62,949 Kose Corp. 800 25,194 Lawson, Inc. 1,200 43,774 Lion Corp. 4,000 25,963 Meiji Dairies Corp. 4,000 27,958 Meiji Seika Kaisha Ltd. 8,000 40,799 Nippon Meat Packers, Inc. 4,000 46,398 Nisshin Seifun Group, Inc. 2,000 22,307 Nissin Food Products Co., Ltd. 800 28,273 Shiseido Co., Ltd. 4,000 78,555 Toyo Suisan Kaisha Ltd. 4,000 62,704 UniCharm Corp. 400 22,114 UNY Co., Ltd. 4,000 59,030 Yakult Honsha Co., Ltd. 1,600 43,529 Yamazaki Baking Co., Ltd. 4,000 35,866 ----------- Total Consumer Staples 1,157,455 ----------- Energy - 1.6% Cosmo Oil Co., Ltd. 4,000 18,020 Japan Petroleum Exploration Co. 400 25,403 Nippon Mining Holdings, Inc. 4,000 33,696 Nippon Oil Corp. 12,000 87,758 Showa Shell Sekiyu K.K. 4,800 56,392 TonenGeneral Sekiyu K.K. 12,000 123,448 ----------- Total Energy 344,717 ----------- See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Financials - 15.8% Acom Co., Ltd. 1,720 $ 93,437 Aeon Credit Service Co., Ltd. 1,200 29,183 Aiful Corp. 800 42,759 Aioi Insurance Co., Ltd. 4,000 30,022 Bank of Fukuoka Ltd. (The) 4,000 30,442 Bank of Kyoto Ltd. (The) 4,000 43,214 Bank of Yokohama Ltd. (The) 8,000 61,934 Chiba Bank Ltd. (The) 4,000 37,440 Chugoku Bank Ltd. (The) 4,000 54,586 Credit Saison Co., Ltd. 800 37,930 Daiwa Securities Group, Inc. 12,000 143,183 Diamond Lease Co., Ltd. 800 39,820 Gunma Bank Ltd. (The) 4,000 29,742 Hachijuni Bank Ltd. (The) 4,000 29,812 Hiroshima Bank Ltd. (The) 4,000 24,389 Hokuhoku Financial Group, Inc. 8,000 33,451 Iyo Bank Ltd. (The) 4,000 39,365 Joyo Bank Ltd. (The) 4,000 24,284 Leopalace21 Corp. 800 27,643 Mitsubishi Estate Co., Ltd. 4,000 85,028 Mitsubishi UFJ Financial Group, Inc. 32 447,885 Mitsubishi UFJ Securities Co. 4,000 51,647 Mitsui Sumitomo Insurance Co., Ltd. 8,000 100,564 Mitsui Trust Holdings, Inc. 4,000 48,113 Mizuho Financial Group, Inc. 28 237,344 Mizuho Trust & Banking Co., Ltd. 12,000 29,498 Nikko Cordial Corp. 12,000 153,681 Nipponkoa Insurance Co., Ltd. 4,000 34,571 Nishi-Nippon City Bank Ltd. (The) 8,000 38,350 Nomura Holdings, Inc. 10,800 202,651 OMC Card, Inc. 2,000 28,518 ORIX Corp. 120 29,340 Promise Co., Ltd. 1,200 69,597 SBI Holdings, Inc. 80 35,341 Shinko Securities Co., Ltd. 8,000 33,871 Shinsei Bank Ltd. 4,000 25,369 Shizuoka Bank Ltd. (The) 4,000 43,249 Sompo Japan Insurance, Inc. 4,000 55,986 Sumitomo Mitsui Financial Group, Inc. 12 127,018 Sumitomo Trust & Banking Co., Ltd. (The) 16,000 174,955 Suruga Bank Ltd. 4,000 53,956 T&D Holdings, Inc. 800 64,733 Takefuji Corp. 2,000 119,319 Tokyo Tatemono Co., Ltd. 4,000 42,899 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Tokyu Land Corp. 4,000 $ 31,177 UFJ NICOS Co., Ltd. 4,000 32,402 Yamaguchi Bank Ltd. (The) 4,000 57,945 ----------- Total Financials 3,307,643 ----------- Health Care - 5.1% Astellas Pharma, Inc. 3,600 132,266 Chugai Pharmaceutical Co., Ltd. 3,200 65,363 Dainippon Sumitomo Pharma Co., Ltd. 4,000 44,963 Eisai Co., Ltd. 2,400 108,122 Mediceo Paltac Holdings Co., Ltd. 1,600 28,623 Olympus Corp. 4,000 107,073 Shionogi & Co., Ltd. 4,000 71,382 Taisho Pharmaceutical Co., Ltd. 4,000 78,555 Takeda Pharmaceutical Co., Ltd. 6,400 398,618 Terumo Corp. 800 26,733 ----------- Total Health Care 1,061,698 ----------- Industrials - 16.8% All Nippon Airways Co., Ltd. 8,000 30,792 Amada Co., Ltd. 4,000 41,989 Asahi Glass Co., Ltd. 8,000 101,544 Chiyoda Corp. 4,000 81,879 Dai Nippon Printing Co., Ltd. 4,000 61,934 Daikin Industries Ltd. 800 27,783 East Japan Railway Co. 20 148,712 Fanuc Ltd. 800 71,942 Fuji Electric Holdings Co., Ltd. 8,000 41,919 Fujikura Ltd. 4,000 44,194 Hankyu Holdings, Inc. 8,000 39,190 Hanshin Electric Railway Co., Ltd. 4,000 28,518 Hino Motors Ltd. 4,000 23,304 Hitachi Construction Machinery Co., Ltd. 1,600 38,560 Hitachi High-Technologies Corp. 1,200 36,531 ITOCHU Corp. 12,000 105,498 Japan Steel Works Ltd. (The) 4,000 27,433 JGC Corp. 4,000 68,897 JS Group Corp. 3,200 67,323 JTEKT Corp. 1,600 30,932 Kajima Corp. 8,000 36,741 Kamigumi Co., Ltd. 4,000 30,407 Kawasaki Heavy Industries Ltd. 12,000 40,415 Kawasaki Kisen Kaisha Ltd. 8,000 46,328 Keihin Electric Express Railway Co., Ltd. 4,000 28,343 Keio Corp. 4,000 25,928 Kintetsu Corp. 8,000 26,733 Kokuyo Co., Ltd. 2,000 33,486 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Komatsu Ltd. 4,000 $ 79,605 Kubota Corp. 8,000 75,931 Kurita Water Industries Ltd. 1,600 32,892 Marubeni Corp. 8,000 42,689 Matsushita Electric Works Ltd. 4,000 44,474 MINEBEA CO., LTD. 4,000 21,799 Mitsubishi Corp. 10,000 199,886 Mitsubishi Electric Corp. 8,000 64,174 Mitsubishi Heavy Industries Ltd. 16,000 69,142 Mitsubishi Logistics Corp. 4,000 62,704 Mitsui & Co. Ltd. 12,000 169,637 Mitsui Engineering & Shipbuilding Co., Ltd. 12,000 36,741 Mitsui O.S.K. Lines Ltd. 16,000 108,892 Nagoya Railroad Co., Ltd. 8,000 26,033 NGK Insulators Ltd. 4,000 46,818 Nippon Express Co., Ltd. 8,000 43,249 Nippon Sheet Glass Co., Ltd. 4,000 22,254 Nippon Yusen KK 16,000 104,133 NSK Ltd. 4,000 33,206 NTN Corp. 4,000 31,667 Obayashi Corp. 4,000 27,538 Odakyu Electric Railway Co., Ltd. 4,000 25,823 Secom Co., Ltd. 2,000 94,651 Seino Holdings Corp. 4,000 42,269 Shimizu Corp. 4,000 22,429 SMC Corp. 400 56,650 Sumitomo Corp. 8,000 105,603 Sumitomo Electric Industries Ltd. 2,800 41,051 Sumitomo Heavy Industries Ltd. 4,000 37,021 Taisei Corp. 8,000 29,253 THK Co., Ltd. 1,200 35,796 Tobu Railway Co., Ltd. 8,000 38,210 Tokyu Corp. 4,000 23,374 Toppan Printing Co., Ltd. 4,000 45,278 TOTO Ltd. 4,000 38,280 Toyota Tsusho Corp. 1,600 38,420 USHIO INC. 1,600 33,801 Yamato Holdings Co., Ltd. 4,000 71,032 ----------- Total Industrials 3,509,660 ----------- Information Technology - 9.8% Advantest Corp. 400 40,800 Canon, Inc. 9,000 441,674 Citizen Watch Co., Ltd. 3,200 29,029 CSK Holdings Corp. 800 36,531 Fujitsu Ltd. 8,000 62,074 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Hirose Electric Co., Ltd. 400 $ 48,638 Hitachi Ltd. 28,000 185,173 Hoya Corp. 3,200 113,931 IBIDEN Co., Ltd. 800 38,490 Keyence Corp. 400 102,244 Konami Corp. 1,600 35,341 Kyocera Corp. 1,200 93,006 NEC Corp. 12,000 64,033 Nippon Electric Glass Co., Ltd. 4,000 80,304 Nomura Research Institute Ltd. 400 49,547 Oracle Corp. Japan 2,000 93,601 Otsuka Corp. 400 45,138 Ricoh Co., Ltd. 4,000 78,555 Seiko Epson Corp. 1,200 32,752 Sumco Corp. 400 22,814 TDK Corp. 800 60,884 Tokyo Electron Ltd. 800 55,986 Toshiba Corp. 16,000 104,553 Trend Micro, Inc. 2,000 67,533 Yahoo Japan Corp. 64 33,927 Yokogawa Electric Corp. 2,400 34,242 ----------- Total Information Technology 2,050,800 ----------- Materials - 8.6% Asahi Kasei Corp. 8,000 52,277 Daicel Chemical Industries Ltd. 4,000 32,717 Daido Steel Co., Ltd. 4,000 31,422 Dainippon Ink & Chemicals, Inc. 8,000 30,022 Hitachi Chemical Co., Ltd. 1,200 31,492 Hitachi Metals Ltd. 4,000 39,365 JFE Holdings, Inc. 3,200 135,765 JSR Corp. 1,200 30,337 Kaneka Corp. 4,000 36,391 Kobe Steel Ltd. 16,000 50,107 Kuraray Co., Ltd. 2,000 22,394 Mitsubishi Gas Chemical Co., Inc. 4,000 45,908 Mitsubishi Materials Corp. 8,000 34,151 Mitsubishi Rayon Co., Ltd. 4,000 32,612 Mitsui Chemicals, Inc. 4,000 26,138 Mitsui Mining & Smelting Co., Ltd. 4,000 23,619 Nippon Steel Corp. 48,000 181,813 Nisshin Steel Co., Ltd. 12,000 38,630 Nitto Denko Corp. 800 57,035 OJI Paper Co., Ltd. 12,000 68,337 Shin-Etsu Chemical Co., Ltd. 1,200 65,293 Showa Denko K.K. 8,000 35,621 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN TOTAL DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Sumitomo Chemical Co., Ltd. 8,000 $ 66,763 Sumitomo Metal Industries Ltd. 44,000 181,673 Sumitomo Metal Mining Co., Ltd. 4,000 52,207 Taiheiyo Cement Corp. 8,000 29,533 Taiyo Nippon Sanso Corp. 4,000 31,772 Teijin Ltd. 4,000 25,403 Tokuyama Corp. 4,000 59,485 Tokyo Steel Manufacturing Co., Ltd. 1,600 35,061 Toray Industries, Inc. 8,000 69,492 Tosoh Corp. 8,000 31,912 Toyo Seikan Kaisha Ltd. 1,600 29,043 Ube Industries Ltd. 12,000 34,746 Zeon Corp. 4,000 47,658 ----------- Total Materials 1,796,194 ----------- Telecommunication Services - 5.6% Nippon Telegraph & Telephone Corp. 100 490,749 NTT DoCoMo, Inc. 460 676,027 ----------- Total Telecommunication Services 1,166,776 ----------- Utilities - 8.3% Chubu Electric Power Co., Inc. 9,200 248,681 Chugoku Electric Power Co., Inc. (The) 4,800 101,614 Electric Power Development Co. 1,600 61,024 Hokkaido Electric Power Co., Inc. 2,400 57,000 Hokuriku Electric Power Co. 2,400 55,636 Kansai Electric Power Co., Inc. (The) 10,800 241,858 Kyushu Electric Power Co., Inc. 6,800 158,229 Osaka Gas Co., Ltd. 20,000 64,384 Shikoku Electric Power Co., Inc. 2,800 62,826 Toho Gas Co., Ltd. 8,000 34,921 Tohoku Electric Power Co., Inc. 5,600 122,959 Tokyo Electric Power Co., Inc. (The) 16,000 442,287 Tokyo Gas Co., Ltd. 20,000 94,301 ----------- Total Utilities 1,745,720 ----------- TOTAL COMMON STOCKS (Cost: $19,747,234) 20,936,647 =========== SHORT-TERM INVESTMENT - 0.0% MONEY MARKET FUND - 0.0% Columbia Cash Reserves Fund, 4.71%* (Cost: $3,186) 3,186 3,186 ----------- TOTAL INVESTMENTS IN SECURITIES - 100.0% (Cost: $19,750,420)** 20,939,833 =========== Other Assets in Excess of Liabilities - 0.0% 4,440 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $20,944,273 ================================================================================ * Rate shown represents annualized 7-day yield as of June 30, 2006. **Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Japan - 99.9% COMMON STOCKS - 99.9% Consumer Discretionary - 27.1% Arnest One Corp. 400 $ 11,337 Best Denki Co., Ltd. 8,000 28,133 Bosch Corp. 8,000 39,330 Cleanup Corp. 1,200 10,697 Daidoh Ltd. 800 11,631 Daikoku Denki Co., Ltd. 400 12,527 Doshisha Co., Ltd. 400 7,593 France Bed Holdings Co., Ltd. 4,000 8,748 Heiwa Corp. 1,600 22,226 Honda Motor Co., Ltd. 24,000 762,105 Ichikoh Industries Ltd. 4,000 11,302 Iida Home Max 800 11,652 Impact 21 Co., Ltd. 400 8,170 Inaba Seisakusho Co., Ltd. 400 6,967 Japan General Estate Co., Ltd. (The) 400 8,240 Kanto Auto Works Ltd. 1,200 14,770 Kojima Co., Ltd. 800 10,847 Marui Co., Ltd. 5,200 81,060 MOS Food Services, Inc. 400 5,983 Nissan Motor Co., Ltd. 106,000 1,159,078 PanaHome Corp. 4,000 30,197 Paris Miki, Inc. 2,000 41,727 Plenus Co., Ltd. 800 27,293 Ryowa Life Create Co., Ltd. 1,600 8,118 Sanden Corp. 4,000 17,146 Sangetsu Co., Ltd. 1,200 29,497 Sankyo Seiko Co., Ltd. 1,200 7,033 Sega Sammy Holdings, Inc. 4,000 148,362 Shaddy Co., Ltd. 400 5,686 T RAD Co., Ltd. 4,000 16,026 Touei Housing Corp. 800 15,501 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Toyo Tire & Rubber Co., Ltd. 4,000 $ 15,641 Toyobo Co., Ltd. 12,000 34,011 Toyota Auto Body Co., Ltd. 2,000 33,854 Toyota Motor Corp. 56,000 2,934,348 Yokohama Rubber Co., Ltd. (The) 8,000 35,411 ----------- Total Consumer Discretionary 5,632,247 ----------- Consumer Staples - 3.9% Aderans Co., Ltd. 800 21,624 Arcs Co., Ltd. 1,200 15,672 Circle K Sunkus Co. Ltd. 1,600 34,641 Coca-Cola West Japan Co., Ltd. 1,600 33,941 FamilyMart Co., Ltd. 1,600 46,188 Hokuto Corp. 800 13,052 Kao Corp. 12,000 314,394 Lawson, Inc. 2,400 87,548 Mandom Corp. 800 19,350 Mikuni Coca-Cola Bottling Co., Ltd. 1,200 13,657 Ministop Co., Ltd. 800 15,256 Morinaga & Co., Ltd. 4,000 11,022 Nippon Beet Sugar Manufacturing Co., Ltd. 4,000 12,212 Shiseido Co., Ltd. 8,000 157,110 Showa Sangyo Co., Ltd. 4,000 10,497 ----------- Total Consumer Staples 806,164 ----------- Energy - 2.9% Cosmo Oil Co., Ltd. 12,000 54,061 Itochu Enex Co., Ltd. 2,000 12,737 Mitsuuroko Co., Ltd. 1,200 8,618 Nippon Oil Corp. 28,000 204,768 Showa Shell Sekiyu K.K. 10,400 122,182 TonenGeneral Sekiyu K.K. 20,000 205,747 ----------- Total Energy 608,113 ----------- See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Financials - 8.6% Acom Co., Ltd. 3,720 $ 202,084 Bank of Yokohama Ltd. (The) 16,000 123,868 Daiwa Kosho Lease Co., Ltd. 4,000 26,663 Daiwa Securities Group, Inc. 24,000 286,367 Ehime Bank Ltd. (The) 4,000 16,796 Fuji Fire & Marine Insurance Co., Ltd. (The) 8,000 33,102 Hitachi Capital Corp. 2,800 48,987 Hokuetsu Bank Ltd. (The) 8,000 20,645 Ichiyoshi Securities Co., Ltd. 1,200 18,171 Japan Securities Finance Co., Ltd. 2,000 23,759 Marusan Securities Co., Ltd. 1,200 18,276 Matsui Securities Co., Ltd. 3,200 30,316 Meiwa Estate Co., Ltd. 400 6,361 Nikko Cordial Corp. 26,000 332,975 Nisshin Fire & Marine Insurance Co., Ltd. (The) 4,000 18,510 Okasan Holdings, Inc. 4,000 38,490 Promise Co., Ltd. 2,600 150,794 Sanyo Electric Credit Co., Ltd. 800 16,901 Shinki Co., Ltd. 2,000 12,317 Shinko Securities Co., Ltd. 8,000 33,871 SMBC Friend Securities Co., Ltd. 4,000 33,591 Takefuji Corp. 4,280 255,344 Tokai Tokyo Securities Co., Ltd. 4,000 23,444 Urban Corp. 1,200 14,507 ----------- Total Financials 1,786,139 ----------- Health Care - 7.7% Astellas Pharma, Inc. 7,600 279,228 Eisai Co., Ltd. 5,600 252,285 Kaken Pharmaceutical Co., Ltd. 4,000 30,057 Nagaileben Co., Ltd. 400 9,028 Nihon Kohden Corp. 800 13,122 Paramount Bed Co., Ltd. 800 18,265 Seikagaku Corp. 800 8,839 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- SSP Co., Ltd. 4,000 $ 23,024 Takeda Pharmaceutical Co., Ltd. 14,800 921,804 Tanabe Seiyaku Co., Ltd. 4,000 49,267 ----------- Total Health Care 1,604,919 ----------- Industrials - 10.9% Advan Co., Ltd. 400 6,151 Aica Kogyo Co., Ltd. 1,200 15,326 Airport Facilities Co., Ltd. 1,200 8,167 Amano Corp. 1,600 23,794 Central Glass Co., Ltd. 4,000 23,829 Daiichi Chuo Kisen Kaisha 8,000 14,416 Fukuyama Transporting Co., Ltd. 4,000 13,821 Futaba Corp. 800 20,540 Hanwa Co., Ltd. 8,000 31,072 Hibiya Engineering Ltd. 4,000 40,100 Hino Motors Ltd. 8,000 46,608 Hitachi Plant Technologies Ltd. 4,000 23,794 Idec Corp. 800 13,339 Inaba Denki Sangyo Co., Ltd. 400 13,472 Japan Pulp & Paper Co., Ltd. 4,000 15,641 JS Group Corp. 7,200 151,476 Kawasaki Kisen Kaisha Ltd. 20,000 115,820 Maruzen Showa Unyu Co., Ltd. 4,000 14,136 Matsushita Electric Works Ltd. 8,000 88,947 Meitec Corp. 800 26,103 Mitsui & Co. Ltd. 28,000 395,819 Mitsui O.S.K. Lines Ltd. 32,000 217,784 Miura Co., Ltd. 800 19,315 NEC Leasing Ltd. 400 8,835 Nippon Denwa Shisetsu Co., Ltd. 4,000 15,046 Nippon Koei Co., Ltd. 4,000 11,512 Nippon Sharyo Ltd. 4,000 9,588 Nippon Yusen K.K. 36,000 234,300 Nishimatsu Construction Co., Ltd. 8,000 29,882 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Nitto Kogyo Corp. 800 $ 15,361 Nitto Kohki Co., Ltd. 400 8,608 Oiles Corp. 400 8,188 Okumura Corp. 4,000 22,254 Onoken Co., Ltd. 400 5,711 Raito Kogyo Co., Ltd. 2,000 6,928 Sankyo-Tateyama Holdings, Inc. 8,000 17,635 Sanwa Shutter Corp. 8,000 47,168 Senko Co., Ltd. 4,000 12,247 Shinmaywa Industries Ltd. 4,000 20,995 Shinwa Kaiun Kaisha Ltd. 4,000 10,252 Sumitomo Corp. 20,000 264,007 Taikisha Ltd. 1,200 15,095 Takara Standard Co., Ltd. 4,000 23,514 Toa Corp. 4,000 5,074 Toda Corp. 4,000 19,350 Toenec Corp. 4,000 16,341 Tokyo Kikai Seisakusho Ltd. 4,000 14,626 Tonami Transportation Co., Ltd. 4,000 11,127 Toppan Forms Co., Ltd. 2,000 25,491 Toshiba Plant Systems & Services Corp. 4,000 20,260 Trusco Nakayama Corp. 800 15,746 Tsubaki Nakashima Co., Ltd. 800 13,598 ----------- Total Industrials 2,268,209 ----------- Information Technology - 8.0% Canon, Inc. 19,800 971,684 Capcom Co., Ltd. 1,200 14,402 Daiwabo Information System Co., Ltd. 2,000 32,192 Eizo Nanao Corp. 400 12,562 Hakuto Co., Ltd. 800 10,819 Hitachi Systems & Services Ltd. 400 8,958 Information Services International-Dentsu, Ltd. 800 8,650 Kaga Electronics Co., Ltd. 400 8,118 Koei Co., Ltd. 1,600 28,553 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Konami Corp. 3,600 $ 79,517 NEC Fielding Ltd. 1,200 14,224 Nidec Copal Electronics Corp. 1,200 8,597 Nomura Research Institute Ltd. 400 49,547 Oracle Corp. 4,000 187,202 Ryosan Co., Ltd. 1,200 31,492 Ryoyo Electro Corp. 1,200 15,379 Sanshin Electronics Co., Ltd. 4,000 43,389 Square Enix Co., Ltd. 1,600 33,311 Sumida Corp. 400 8,433 Toa Corp. 4,000 34,991 Toshiba TEC Corp. 4,000 19,840 Toyo Corp. 400 5,529 Yamatake Corp. 1,200 29,183 ----------- Total Information Technology 1,656,572 ----------- Materials - 7.4% Earth Chemical Co., Ltd. 400 9,133 Asahi Kasei Corp. 20,000 130,692 Asahi Organic Chemicals Industry Co., Ltd. 4,000 15,606 Chuetsu Pulp & Paper Co., Ltd. 4,000 9,273 Daiken Corp. 4,000 15,011 Hokuetsu Paper Mills Ltd. 4,000 23,374 JFE Holdings, Inc. 7,200 305,472 Kobe Steel Ltd. 32,000 100,214 Kureha Corp. 4,000 19,105 Maruichi Steel Tube Ltd. 2,400 53,641 Nifco, Inc. 1,200 23,776 Nihon Yamamura Glass Co., Ltd. 4,000 12,142 Nippon Kayaku Co., Ltd. 4,000 33,346 Nippon Light Metal Co., Ltd. 8,000 21,904 Nippon Metal Industry Co., Ltd. 4,000 9,168 Nippon Steel Corp. 100,000 378,778 Nisshin Steel Co., Ltd. 20,000 64,384 NOF Corp. 4,000 23,444 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- OJI Paper Co., Ltd. 24,000 $ 136,675 Okamoto Industries, Inc. 4,000 15,221 Sanyo Chemical Industries Ltd. 4,000 29,602 Toagosei Co., Ltd. 4,000 15,641 Topy Industries Ltd. 4,000 14,206 Toyo Ink Manufacturing Co., Ltd. 4,000 16,761 Wood One Co., Ltd. 4,000 28,518 Yodogawa Steel Works Ltd. 4,000 22,009 Yushiro Chemical Industry Co., Ltd. 400 8,730 ----------- Total Materials 1,535,826 ----------- Telecommunication Services - 6.9% NTT DoCoMo, Inc. 980 1,440,231 ----------- Utilities - 16.5% Chubu Electric Power Co., Inc. 20,000 540,611 Chugoku Electric Power Co., Inc. (The) 10,000 211,696 Hokkaido Electric Power Co., Inc. 5,200 123,501 Hokuriku Electric Power Co. 5,600 129,817 Kansai Electric Power Co., Inc. (The) 22,800 510,589 Kyushu Electric Power Co., Inc. 14,800 344,382 Osaka Gas Co., Ltd. 44,000 141,644 Saibu Gas Co., Ltd. 8,000 17,566 Shikoku Electric Power Co., Inc. 6,400 143,603 Toho Gas Co., Ltd. 12,000 52,382 Tohoku Electric Power Co., Inc. 12,000 263,482 Tokyo Electric Power Co., Inc. (The) 34,400 950,916 ----------- Total Utilities 3,430,189 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.9% (Cost: $19,784,966)* 20,768,609 =========== Cash and Other Assets in Excess of Liabilities - 0.1% 10,056 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $20,778,665 ================================================================================ *Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Japan - 99.7% COMMON STOCKS - 99.7% Consumer Discretionary - 20.7% ABC-Mart, Inc. 1,000 $ 21,126 Aisan Industry Co., Ltd. 1,200 11,652 Akebono Brake Industry Co., Ltd. 2,000 17,950 Alpine Electronics, Inc. 1,600 22,044 AOKI Holdings, Inc. 800 13,877 Arnest One Corp. 600 17,006 Asatsu-DK , Inc. 800 25,893 ASICS Corp. 2,000 20,400 Avex Group Holdings, Inc. 1,000 23,663 Belluna Co., Ltd. 500 9,579 Best Denki Co., Ltd. 10,000 35,166 Bosch Corp. 12,000 58,995 Calsonic Kansei Corp. 4,000 25,543 Chiyoda Co., Ltd. 1,200 26,453 Chofu Seisakusho Co., Ltd. 600 12,308 Cleanup Corp. 1,600 14,262 Culture Convenience Club Co., Ltd. 800 9,231 Daidoh Ltd. 1,000 14,539 Daikoku Denki Co., Ltd. 200 6,263 Don Quijote Co., Ltd. 600 13,594 Doshisha Co., Ltd. 400 7,593 Edion Corp. 1,400 27,800 Exedy Corp. 600 18,895 FCC Co., Ltd. 600 11,888 France Bed Holdings Co., Ltd. 8,000 17,496 Futaba Industrial Co., Ltd. 1,000 23,094 Gigas K's Denki Corp. 400 10,182 Goldcrest Co., Ltd. 360 17,667 Gulliver International Co., Ltd. 260 23,495 Gunze Ltd. 4,000 23,864 Hankyu Department Stores, Inc. 4,000 31,072 See Notes to Schedule of Investments. 1 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Heiwa Corp. 2,400 $ 33,339 HIS Co., Ltd. 400 11,547 Hitachi Koki Co., Ltd. 2,000 30,530 Homac Corp. 800 13,178 Ichikoh Industries Ltd. 2,000 5,651 Iida Home Max 1,200 17,478 Impact 21 Co., Ltd. 800 16,341 Inaba Seisakusho Co., Ltd. 600 10,450 Japan General Estate Co., Ltd. (The) 800 16,481 Japan Wool Textile Co., Ltd. (The) 2,000 17,128 Kanto Auto Works Ltd. 1,800 22,155 Kato Sangyo Co., Ltd. 1,000 14,600 Kayaba Industry Co., Ltd. 6,000 23,566 Keihin Corp. 1,000 21,476 Kenwood Corp. 6,000 11,232 Koito Manufacturing Co., Ltd. 2,000 29,777 Kojima Co., Ltd. 800 10,847 Komeri Co., Ltd. 800 25,334 Konaka Co., Ltd. 400 7,786 Kurabo Industries Ltd. 6,000 19,053 Mars Engineering Corp. 400 12,772 Matsuzakaya Co., Ltd. 2,000 13,262 Mitsui Home Co., Ltd. 2,000 15,763 Mizuno Corp. 2,000 13,769 MOS Food Services, Inc. 800 11,967 Musashi Seimitsu Industry Co., Ltd. 600 13,332 Nice Corp. 2,000 7,156 Nidec Copal Corp. 1,400 18,787 Nishimatsuya Chain Co., Ltd. 600 11,626 Nissan Shatai Co., Ltd. 2,000 11,582 Nisshinbo Industries, Inc. 4,000 43,809 Nissin Kogyo Co., Ltd. 1,000 18,458 Noritake Co., Ltd. 4,000 22,254 PanaHome Corp. 4,000 30,197 Parco Co., Ltd. 1,400 14,317 See Notes to Schedule of Investments. 2 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Paris Miki, Inc. 2,600 $ 54,245 Pentax Corp. 2,000 11,355 Plenus Co., Ltd. 1,200 40,940 Point, Inc. 200 11,302 Press Kogyo Co., Ltd. 2,000 10,060 RESORTTRUST, Inc. 800 23,234 Right On Co., Ltd. 400 13,472 Riken Corp. 2,000 13,034 Rinnai Corp. 800 21,205 Ryowa Life Create Co., Ltd. 2,200 11,162 Sanden Corp. 4,000 17,146 Sangetsu Co., Ltd. 1,800 44,246 Sankyo Seiko Co., Ltd. 2,000 11,722 Sanyo Shokai Ltd. 4,000 29,043 Seiko Corp. 2,000 18,930 Senshukai Co., Ltd. 2,000 21,415 Shaddy Co., Ltd. 600 8,529 Shimachu Co., Ltd. 600 15,693 Showa Corp. 1,200 20,060 Skylark Co., Ltd. 2,200 48,016 T RAD Co., Ltd. 2,000 8,013 Tenma Corp. 600 11,941 Toei Co., Ltd. 2,000 15,746 Tokai Rika Co., Ltd. 1,400 30,862 Tokai Rubber Industries, Inc. 1,400 21,432 Tokyo Dome Corp. 2,000 12,404 Tokyo Style Co., Ltd. 2,000 23,811 Tokyotokeiba Co., Ltd. 4,000 12,632 TOMY Co., Ltd. 2,000 14,801 Touei Housing Corp. 1,000 19,376 Toyo Tire & Rubber Co., Ltd. 6,000 23,461 Toyobo Co., Ltd. 18,000 51,017 Toyota Auto Body Co., Ltd. 2,600 44,010 Unitika Ltd. 8,000 13,087 USS Co., Ltd. 500 33,067 See Notes to Schedule of Investments. 3 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Wacoal Holdings Corp. 2,000 $ 28,063 Xebio Co., Ltd. 400 13,681 Yellow Hat Ltd. 800 8,426 Yokohama Reito Co., Ltd. 2,000 17,076 Yokohama Rubber Co., Ltd. (The) 12,000 53,116 Zenrin Co., Ltd. 400 9,605 ----------- Total Consumer Discretionary 2,140,025 ----------- Consumer Staples - 11.8% Aderans Co., Ltd. 1,000 27,031 Arcs Co., Ltd. 1,800 23,509 Ariake Japan Co., Ltd. 600 13,279 Asahi Soft Drinks Co., Ltd. 1,000 14,959 Calpis Co., Ltd. 2,000 18,038 Circle K Sunkus Co. Ltd. 2,000 43,301 Coca-Cola West Japan Co., Ltd. 2,000 42,427 Dydo Drinco, Inc. 200 8,800 Ezaki Glico Co., Ltd. 2,000 20,697 Fancl Corp. 1,000 16,096 Fuji Oil Co., Ltd. 2,000 19,175 Heiwado Co., Ltd. 1,000 18,108 Hokuto Corp. 1,200 19,577 House Foods Corp. 2,600 39,347 Inageya Co. Ltd. 2,000 14,364 Itoham Foods, Inc. 6,000 23,724 Izumiya Co., Ltd. 2,000 15,728 J-Oil Mills, Inc. 2,000 9,360 Kagome Co., Ltd. 1,600 21,904 Kasumi Co., Ltd. 2,000 12,439 Katokichi Co., Ltd. 3,400 34,204 Kobayashi Pharmaceutical Co., Ltd. 600 24,564 Kose Corp. 800 25,194 Life Corp. 800 11,722 Lion Corp. 6,000 38,945 Mandom Corp. 1,000 24,188 See Notes to Schedule of Investments. 4 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Maruha Group, Inc. 6,000 $ 15,116 Matsumotokiyoshi Co., Ltd. 1,000 25,456 Meiji Dairies Corp. 4,000 27,958 Meiji Seika Kaisha Ltd. 8,000 40,800 Mercian Corp. 4,000 10,147 Mikuni Coca-Cola Bottling Co., Ltd. 1,400 15,933 Ministop Co., Ltd. 800 15,256 Mitsui Sugar Co., Ltd. 2,000 7,576 Morinaga & Co., Ltd. 8,000 22,044 Morinaga Milk Industry Co., Ltd. 6,000 23,199 Myojo Foods Co., Ltd. 2,000 11,180 Nagatanien Co., Ltd. 2,000 15,781 Nichirei Corp. 6,000 32,122 Nippon Beet Sugar Manufacturing Co., Ltd. 4,000 12,212 Nippon Flour Mills Co., Ltd. 4,000 18,580 Nippon Suisan Kaisha Ltd. 6,800 34,382 Nisshin Oillio Group Ltd. (The) 2,000 12,772 Nosan Corp. 2,000 5,983 QP Corp. 3,400 32,330 Ryoshoku Ltd. 400 10,952 Sakata Seed Corp. 1,200 15,505 Sapporo Holdings Ltd. 6,000 30,390 Showa Sangyo Co., Ltd. 6,000 15,746 Sundrug Co., Ltd. 1,000 24,581 T. Hasegawa Co., Ltd. 1,000 14,285 Takara Holdings, Inc. 4,000 23,409 Tokyu Store Chain Co., Ltd. 2,000 14,259 Toyo Suisan Kaisha Ltd. 2,000 31,352 Valor Co., Ltd. 400 7,296 Yamazaki Baking Co., Ltd. 4,000 35,866 Yaoko Co., Ltd. 400 9,325 York-Benimaru Co., Ltd. 1,000 28,605 ----------- Total Consumer Staples 1,221,078 ----------- Energy - 0.6% AOC Holdings, Inc. 600 10,298 See Notes to Schedule of Investments. 5 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Itochu Enex Co., Ltd. 3,200 $ 20,379 Mitsuuroko Co., Ltd. 2,000 14,364 San-Ai Oil Co., Ltd. 2,000 8,748 Sinanen Co., Ltd. 2,000 10,042 ----------- Total Energy 63,831 ----------- Financials - 13.3% Akita Bank Ltd. (The) 2,000 10,655 Aomori Bank Ltd. (The) 4,000 16,726 Awa Bank Ltd. (The) 4,000 25,089 Bank of Ikeda Ltd. (The) 400 19,945 Bank of Iwate Ltd. (The) 200 12,509 Bank of Nagoya Ltd. (The) 2,000 13,769 Bank of Okinawa Ltd. (The) 400 16,971 Bank of Saga Ltd. (The) 4,000 14,486 Central Finance Co., Ltd. 2,000 14,854 Century Leasing System, Inc. 1,000 15,781 Chukyo Bank Ltd. (The) 4,000 12,247 Cosmo Securities Co., Ltd. 8,000 15,326 Daisan Bank Ltd. (The) 4,000 13,787 Daishi Bank Ltd. (The) 8,000 35,691 Daiwa Kosho Lease Co., Ltd. 4,000 26,663 Diamond City Co., Ltd. 800 31,632 Ehime Bank Ltd. (The) 4,000 16,796 Eighteenth Bank Ltd. (The) 2,000 11,337 Fuji Fire & Marine Insurance Co., Ltd. (The) 10,000 41,377 Fukui Bank Ltd. (The) 4,000 14,486 Fuyo General Lease Co., Ltd. 400 15,921 Heiwa Real Estate Co., Ltd. 3,000 17,452 Higo Bank Ltd. (The) 4,000 29,637 Hitachi Capital Corp. 3,600 62,984 Hokkoku Bank Ltd. (The) 8,000 35,481 Hokuetsu Bank Ltd. (The) 10,000 25,806 Hyakugo Bank Ltd. (The) 4,000 26,733 Hyakujushi Bank Ltd. (The) 4,000 25,963 See Notes to Schedule of Investments. 6 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Ichiyoshi Securities Co., Ltd. 1,400 $ 21,199 Jaccs Co., Ltd. 2,000 20,732 Japan Securities Finance Co., Ltd. 3,000 35,638 Juroku Bank Ltd. (The) 6,000 35,166 Kagoshima Bank Ltd. (The) 2,000 14,784 Keiyo Bank Ltd. (The) 4,000 22,674 Marusan Securities Co., Ltd. 1,600 24,368 Meiwa Estate Co., Ltd. 600 9,542 Michinoku Bank Ltd. (The) 2,000 8,170 Mie Bank Ltd. (The) 2,000 10,917 Mito Securities Co., Ltd. 2,000 12,142 Miyazaki Bank Ltd. (The) 2,000 10,252 Musashino Bank Ltd. (The) 400 21,135 Nisshin Fire & Marine Insurance Co., Ltd. (The) 4,000 18,510 Nissin Co., Ltd. 54,400 38,070 Ogaki Kyoritsu Bank, Ltd. (The) 4,000 18,370 Oita Bank Ltd. (The) 2,000 15,886 Okasan Holdings, Inc. 4,000 38,490 Pocket Card Co., Ltd. 1,200 14,087 Ricoh Leasing Co., Ltd. 400 11,582 San-In Godo Bank Ltd. (The) 2,000 19,018 Sanyo Electric Credit Co., Ltd. 1,000 21,126 Sanyo Shinpan Finance Co., Ltd. 780 39,711 Shiga Bank Ltd. (The) 2,000 12,894 Shikoku Bank Ltd. (The) 4,000 17,985 Shinki Co., Ltd. 2,800 17,244 Shoei Co., Ltd. 440 13,356 Sumisho Lease Co., Ltd. 400 22,219 Sumitomo Real Estate Sales Co., Ltd. 280 21,285 TOC Co., Ltd. 2,000 10,602 Tochigi Bank Ltd. (The) 2,000 14,591 Toho Bank Ltd. (The) 4,000 18,230 Tokai Tokyo Securities Co., Ltd. 6,000 35,166 Tokyo Tomin Bank Ltd. (The) 800 34,081 Tomato Bank Ltd. 4,000 9,728 See Notes to Schedule of Investments. 7 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Towa Bank Ltd. (The) 4,000 $ 10,952 Toyo Securities Co., Ltd. 2,000 11,110 Yamagata Bank Ltd. (The) 2,000 10,882 Yamanashi Chuo Bank Ltd. (The) 2,000 14,889 ----------- Total Financials 1,376,887 ----------- Health Care - 4.6% Alfresa Holdings Corp. 600 37,318 Fuso Pharmaceutical Industries, Ltd. 2,000 6,683 Hitachi Medical Corp. 2,000 22,044 Hogy Medical Co., Ltd. 200 10,480 Kaken Pharmaceutical Co., Ltd. 2,000 15,029 Kissei Pharmaceutical Co., Ltd. 2,000 37,003 Miraca Holdings, Inc. 400 9,815 Mochida Pharmaceutical Co., Ltd. 2,000 17,041 Nagaileben Co., Ltd. 800 18,055 Nichii Gakkan Co. 600 11,048 Nihon Kohden Corp. 1,200 19,682 Nikkiso Co., Ltd. 2,000 23,094 Nippon Shinyaku Co., Ltd. 2,000 17,146 Nipro Corp. 2,000 35,953 Paramount Bed Co., Ltd. 1,200 27,398 Seikagaku Corp. 1,400 15,468 SSP Co., Ltd. 4,000 23,024 Sysmex Corp. 400 18,475 Toho Pharmaceutical Co., Ltd. 400 7,086 Topcon Corp. 600 12,387 Torii Pharmaceutical Co., Ltd. 600 10,424 Towa Pharmaceutical Co., Ltd. 400 9,797 Tsumura & Co. 2,000 57,035 ZERIA Pharmaceutical Co., Ltd. 2,000 18,563 ----------- Total Health Care 480,048 ----------- Industrials - 24.7% Advan Co., Ltd. 600 9,227 Aica Kogyo Co., Ltd. 1,800 22,989 Aichi Corp. 1,200 11,243 See Notes to Schedule of Investments. 8 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Aida Engineering Ltd. 2,000 $ 13,559 Airport Facilities Co., Ltd. 1,600 10,889 Amano Corp. 2,200 32,717 Asahi Diamond Industrial Co., Ltd. 2,000 17,443 Asahi Pretec Corp. 400 12,772 Bando Chemical Industries Ltd. 2,000 9,150 Bunka Shutter Co., Ltd. 2,000 13,542 Central Glass Co., Ltd. 6,000 35,743 Chudenko Corp. 1,200 19,147 CKD Corp. 1,000 15,536 COMSYS Holdings Corp. 2,000 24,704 Cosel Co., Ltd. 600 11,048 Daifuku Co., Ltd. 1,000 16,516 Daiichi Chuo Kisen Kaisha 10,000 18,020 Ebara Corp. 10,000 42,689 Fujitec Co., Ltd. 2,000 13,244 Fukuyama Transporting Co., Ltd. 8,000 27,643 Futaba Corp. 1,400 35,945 Goodwill Group, Inc. (The) 28 20,697 Hanwa Co., Ltd. 10,000 38,840 Hibiya Engineering Ltd. 2,000 20,050 Hitachi Cable Ltd. 8,000 37,091 Hitachi Plant Technologies Ltd. 6,000 35,691 Hitachi Transport System Ltd. 2,400 24,165 IBJ Leasing Co., Ltd. 400 9,972 Idec Corp. 1,200 20,008 Iino Kaiun Kaisha Ltd. 3,400 30,575 Inaba Denki Sangyo Co., Ltd. 800 26,943 Iseki & Co., Ltd. 2,000 6,578 Iwatani International Corp. 4,000 13,192 Japan Airport Terminal Co., Ltd. 1,400 15,247 Japan Foundation Engineering Co., Ltd. 2,600 9,825 Japan Pulp & Paper Co., Ltd. 4,000 15,641 Kamigumi Co., Ltd. 4,000 30,407 Kandenko Co., Ltd. 4,000 29,742 See Notes to Schedule of Investments. 9 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Keisei Electric Railway Co., Ltd. 4,000 $ 22,604 Kintetsu World Express, Inc. 400 9,518 Kitz Corp. 2,000 15,186 Kokuyo Co., Ltd. 1,800 30,138 Komori Corp. 2,000 42,602 Kyodo Printing Co., Ltd. 2,000 7,978 Kyowa Exeo Corp. 2,000 25,858 Kyudenko Corp. 2,000 11,897 Maeda Corp. 4,000 20,365 Maeda Road Construction Co., Ltd. 2,000 15,274 Makino Milling Machine Co., Ltd. 2,000 22,202 Maruzen Showa Unyu Co., Ltd. 2,000 7,068 Max Co., Ltd. 2,000 27,993 Meidensha Corp. 4,000 14,801 Meitec Corp. 1,200 39,155 Minebea Co., Ltd. 6,000 32,699 MISUMI Group, Inc. 1,000 18,720 Mitsuboshi Belting Co., Ltd. 2,000 12,299 Mitsui-Soko Co., Ltd. 2,000 10,410 Miura Co., Ltd. 1,000 24,144 Moshi Moshi Hotline, Inc. 200 7,068 Nabtesco Corp. 2,000 22,412 Nachi-Fujikoshi Corp. 4,000 22,569 Nagase & Co., Ltd. 2,000 26,471 NEC Leasing Ltd. 400 8,835 NEC Networks & System Integration Corp. 800 9,832 Nichias Corp. 2,000 13,647 Nichiha Corp. 600 11,390 Nippo Corp. 2,000 17,006 Nippon Densetsu Kogyo Co., Ltd. 2,000 13,297 Nippon Denwa Shisetsu Co., Ltd. 2,000 7,523 Nippon Kanzai Co., Ltd. 400 8,520 Nippon Koei Co., Ltd. 2,000 5,756 Nippon Konpo Unyu Soko Co., Ltd. 2,000 28,623 NIPPON SHARYO LTD. 4,000 9,588 See Notes to Schedule of Investments. 10 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Nippon Signal Co., Ltd. (The) 2,000 $ 19,175 Nippon Thompson Co., Ltd. 2,000 23,496 Nishimatsu Construction Co., Ltd. 10,000 37,353 Nishi-Nippon Railroad Co., Ltd. 8,000 30,652 Nissan Diesel Motor Co., Ltd. 2,000 10,182 Nissha Printing Co., Ltd. 600 22,412 Nissin Corp. 2,000 8,555 Nitto Boseki Co., Ltd. 4,000 11,687 Nitto Kogyo Corp. 1,000 19,201 Nitto Kohki Co., Ltd. 600 12,912 Nomura Co., Ltd. 2,000 11,285 Noritz Corp. 1,200 21,782 Oiles Corp. 400 8,188 Okamura Corp. 2,000 20,680 Okuma Holdings, Inc. 2,000 22,604 Okumura Corp. 6,000 33,381 Onoken Co., Ltd. 800 11,421 OSG Corp. 2,000 33,714 Raito Kogyo Co., Ltd. 2,400 8,314 Ryobi Ltd. 2,000 13,139 Sagami Railway Co., Ltd. 10,000 33,941 Sanki Engineering Co., Ltd. 2,000 14,189 Sankyo-Tateyama Holdings, Inc. 12,000 26,453 Sankyu, Inc. 2,000 11,232 Sanwa Shutter Corp. 8,000 47,168 Sanyo Denki Co., Ltd. 2,000 14,294 Sato Corp. 600 13,883 Secom Techno Service Co., Ltd. 1,000 46,276 Seino Holdings Corp. 4,000 42,269 Senko Co., Ltd. 4,000 12,247 Shinmaywa Industries Ltd. 2,000 10,497 Shinwa Kaiun Kaisha Ltd. 8,000 20,505 Sohgo Security Services Co., Ltd. 2,400 45,348 Sumitomo Warehouse Co., Ltd. (The) 4,000 29,567 Tadano Ltd. 2,000 16,813 See Notes to Schedule of Investments. 11 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Taikisha Ltd. 1,400 $ 17,611 Takara Standard Co., Ltd. 4,000 23,514 Takasago Thermal Engineering Co., Ltd. 2,000 16,533 Takuma Co., Ltd. 2,000 13,454 Toa Corp. 6,000 7,611 Toda Corp. 8,000 38,700 Toenec Corp. 4,000 16,341 Tokyo Kikai Seisakusho Ltd. 2,000 7,313 Tokyo Leasing Co., Ltd. 1,000 14,705 Tonami Transportation Co., Ltd. 2,000 5,564 Toppan Forms Co., Ltd. 3,000 38,236 Toshiba Machine Co., Ltd. 2,000 22,639 Toshiba Plant Systems & Services Corp. 4,000 20,260 Trusco Nakayama Corp. 1,000 19,682 Tsubaki Nakashima Co., Ltd. 1,400 23,796 Tsubakimoto Chain Co. 4,000 26,173 Tsukishima Kikai Co., Ltd. 2,000 25,316 UFJ Central Leasing Co., Ltd. 200 10,077 Union Tool Co. 200 10,130 Yurtec Corp. 2,000 10,567 ----------- Total Industrials 2,554,915 ----------- Information Technology - 11.6% Anritsu Corp. 2,000 10,655 Arisawa Manufacturing Co., Ltd. 1,400 26,331 Canon Electronics, Inc. 600 20,890 Canon Finetech, Inc. 600 10,067 Capcom Co., Ltd. 1,800 21,603 CMK Corp. 600 7,689 Daiwabo Information System Co., Ltd. 1,000 16,096 Denki Kogyo Co., Ltd. 2,000 17,373 Disco Corp. 200 11,232 Eizo Nanao Corp. 600 18,843 Fuji Soft ABC, Inc. 400 13,192 Fujitsu Devices, Inc. 2,000 28,553 Hakuto Co., Ltd. 1,000 13,524 See Notes to Schedule of Investments. 12 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Hamamatsu Photonics K.K. 1,000 $ 34,554 Hitachi Information Systems Ltd. 1,000 23,881 Hitachi Kokusai Electric, Inc. 2,000 22,884 Hitachi Maxell Ltd. 2,200 30,349 Hitachi Software Engineering Co., Ltd. 1,200 20,386 Hitachi Systems & Services Ltd. 400 8,958 Horiba Ltd. 400 13,227 Information Services International-Dentsu Ltd. 1,000 10,812 Invoice, Inc. 532 23,223 Japan Aviation Electronics Industry Ltd. 2,000 28,063 Japan Digital Laboratory Co., Ltd. 800 11,372 Kaga Electronics Co., Ltd. 800 16,236 Koei Co., Ltd. 2,200 39,260 Mimasu Semiconductor Industry Co., Ltd. 400 7,611 Mitsumi Electric Co., Ltd. 1,400 16,582 NEC Fielding Ltd. 2,000 23,706 NEC Mobiling Ltd. 600 10,734 Nichicon Corp. 1,600 19,791 Nidec Copal Electronics Corp. 1,200 8,597 Nihon Unisys Ltd. 800 13,283 Nippon Chemi-Con Corp. 2,000 12,737 Nippon System Development Co., Ltd. 400 13,891 NS Solutions Corp. 800 19,420 OBIC Business Consultants Ltd. 400 23,654 Obic Co., Ltd. 100 20,242 Oki Electric Industry Co., Ltd. 10,000 23,619 Roland DG Corp. 400 11,442 Ryoden Trading Co., Ltd. 2,000 15,833 Ryosan Co., Ltd. 1,400 36,741 Ryoyo Electro Corp. 1,600 20,505 Sanken Electric Co., Ltd. 2,000 25,473 Sanshin Electronics Co., Ltd. 2,000 21,694 Shimadzu Corp. 4,000 28,378 SMK Corp. 2,000 12,754 Star Micronics Co., Ltd. 2,000 40,502 See Notes to Schedule of Investments. 13 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Sumida Corp. 600 $ 12,649 Sumisho Computer Systems Corp. 1,200 22,044 Taiyo Yuden Co., Ltd. 2,000 25,421 TIS, Inc. 800 22,394 TKC Corp. 600 12,912 Toa Corp. 2,000 17,496 Tokyo Seimitsu Co., Ltd. 400 20,785 Toshiba TEC Corp. 8,000 39,680 Toyo Corp. 800 11,057 Trans Cosmos, Inc. 600 14,854 ULVAC, Inc. 400 13,681 Uniden Corp. 2,000 22,114 Yamatake Corp. 1,600 38,910 ----------- Total Information Technology 1,200,439 ----------- Materials - 11.5% Achilles Corp. 4,000 7,138 ADEKA Corp. 1,800 23,084 Aichi Steel Corp. 2,000 14,241 Air Water, Inc. 4,000 40,345 Asahi Organic Chemicals Industry Co., Ltd. 2,000 7,803 Chuetsu Pulp & Paper Co., Ltd. 4,000 9,273 Daiken Corp. 4,000 15,011 Dainichiseika Color & Chemicals Manufacturing Co., Ltd. 2,000 10,865 Daio Paper Corp. 2,000 19,822 Denki Kagaku Kogyo K.K. 10,000 41,639 Earth Chemical Co., Ltd. 600 13,699 Fuji Seal International, Inc. 400 10,532 Godo Steel Ltd. 4,000 23,934 Gun-Ei Chemical Industry Co., Ltd. 2,000 6,351 Hokuetsu Paper Mills Ltd. 6,000 35,061 Koatsu Gas Kogyo Co., Ltd. 2,000 12,842 Kureha Corp. 6,000 28,658 Lintec Corp. 800 20,960 Maruichi Steel Tube Ltd. 3,000 67,052 Mitsubishi Plastics, Inc. 4,000 13,122 See Notes to Schedule of Investments. 14 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Mitsubishi Steel Manufacturing Co., Ltd. 2,000 $ 10,935 Nakayama Steel Works Ltd. 4,000 15,326 Nifco, Inc. 2,000 39,627 Nihon Parkerizing Co., Ltd. 2,000 32,524 Nihon Yamamura Glass Co., Ltd. 4,000 12,142 Nippon Denko Co., Ltd. 4,000 11,267 Nippon Kayaku Co., Ltd. 4,000 33,346 Nippon Light Metal Co., Ltd. 12,000 32,857 Nippon Metal Industry Co., Ltd. 6,000 13,751 Nippon Paint Co., Ltd. 8,000 37,930 Nippon Valqua Industries Ltd. 4,000 14,346 NOF Corp. 4,000 23,444 Okamoto Industries, Inc. 4,000 15,221 Pacific Metals Co., Ltd. 4,000 26,663 Rengo Co., Ltd. 4,000 30,267 S.T. Chemical Co., Ltd. 800 11,596 Sanyo Chemical Industries Ltd. 4,000 29,602 Sanyo Special Steel Co., Ltd. 2,000 16,411 Shin-Etsu Polymer Co., Ltd. 800 11,547 Sumitomo Bakelite Co., Ltd. 4,000 37,580 Sumitomo Light Metal Industries Ltd. 6,000 14,801 Sumitomo Osaka Cement Co., Ltd. 8,000 24,634 Sumitomo Seika Chemicals Co., Ltd. 2,000 12,614 Taiyo Ink Manufacturing Co., Ltd. 200 10,200 Takasago International Corp. 2,000 9,693 Toagosei Co., Ltd. 8,000 31,282 Toho Zinc Co., Ltd. 2,000 14,206 Tokai Carbon Co., Ltd. 2,000 11,215 Tokyo Ohka Kogyo Co., Ltd. 800 20,470 Tomoku Co., Ltd. 4,000 9,972 Topy Industries Ltd. 4,000 14,206 Toyo Ink Manufacturing Co., Ltd. 8,000 33,521 Wood One Co., Ltd. 2,000 14,259 Yamato Kogyo Co., Ltd. 1,600 35,831 Yodogawa Steel Works Ltd. 8,000 44,019 See Notes to Schedule of Investments. 15 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE JAPAN SMALLCAP DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Yushiro Chemical Industry Co., Ltd. 600 $ 13,095 ----------- Total Materials 1,191,832 ----------- Utilities - 0.9% Saibu Gas Co., Ltd. 12,000 26,348 Toho Gas Co., Ltd. 14,000 61,112 Tokai Corp. 2,000 10,060 ----------- Total Utilities 97,520 ----------- TOTAL COMMON STOCKS (Cost: $9,629,017) 10,326,575 =========== SHORT-TERM INVESTMENT - 0.3% MONEY MARKET FUND - 0.3% Columbia Cash Reserves Fund, 4.71%* (Cost: $27,956) 27,956 27,956 ----------- TOTAL INVESTMENTS IN SECURITIES - 100.0% (Cost: $9,656,973)** 10,354,531 =========== Liabilities in Excess of Other Assets - (0.0)% (616) ------------------------------------------------------------------------------- NET ASSETS - 100.0% $10,353,915 =============================================================================== * Rate shown represents annualized 7-day yield as of June 30, 2006. **Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 16 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN TOTAL DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- COMMON STOCKS - 99.9% Australia - 60.2% A.B.C. Learning Centres Ltd. 9,612 $ 45,704 Adelaide Bank Ltd. 5,236 50,493 Adelaide Brighton Ltd. 25,864 49,192 Alinta Ltd. 6,384 49,469 Alumina Ltd. 18,516 92,856 Amcor Ltd. 19,284 95,705 AMP Ltd. 34,828 236,243 APN News & Media Ltd. 12,880 48,612 Aristocrat Leisure Ltd. 5,980 57,224 Australia & New Zealand Banking Group Ltd. 43,972 868,668 Australian Gas Light Co., Ltd. (The) 9,556 124,315 Australian Pipeline Trust 3,440 10,913 Australian Stock Exchange Ltd. 2,092 50,638 AXA Asia Pacific Holdings Ltd. 17,280 80,495 Bank of Queensland Ltd. 4,844 50,384 Baycorp Advantage Ltd. 20,256 48,308 Bendigo Bank Ltd. 5,320 50,987 BHP Billiton Ltd. 29,432 634,128 Billabong International Ltd. 4,616 52,642 BlueScope Steel Ltd. 23,552 139,109 Boral Ltd. 12,312 74,458 Brambles Industries Ltd. 12,116 99,017 Caltex Australia Ltd. 3,744 65,646 Challenger Financial Services Group Ltd. 19,816 46,523 Coates Hire Ltd. 10,736 50,969 Coca-Cola Amatil Ltd. 19,540 102,927 Cochlear Ltd. 1,260 51,140 Coles Myer Ltd. 23,596 199,148 Commonwealth Bank of Australia 33,844 1,116,663 Computershare Ltd. 8,364 48,780 Corporate Express Australia Ltd. 10,556 46,899 See Notes to Schedule of Investments. 1 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN TOTAL DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- CSL Ltd. 1,216 $ 48,559 CSR Ltd. 18,836 46,881 David Jones Ltd. 22,756 50,213 Downer EDI Ltd. 8,288 45,812 Energy Resources of Australia Ltd. 5,456 52,047 Foster's Group Ltd. 42,340 172,067 Futuris Corp., Ltd. 29,544 46,094 Harvey Norman Holdings Ltd. 16,476 48,229 Iluka Resources Ltd. 9,908 48,216 Insurance Australia Group Ltd. 47,300 188,007 John Fairfax Holdings Ltd. 25,660 71,490 Leighton Holdings Ltd. 4,696 60,532 Lend Lease Corp. Ltd. 9,708 100,904 Lion Nathan Ltd. 11,868 68,775 Macquarie Bank Ltd. 3,612 185,164 Metcash Ltd. 15,376 42,724 National Australia Bank Ltd. 39,756 1,038,511 Newcrest Mining Ltd. 3,280 51,369 Nufarm Ltd. 6,308 47,568 OneSteel Ltd. 17,272 52,227 Orica Ltd. 4,212 74,759 Origin Energy Ltd. 11,000 60,149 PaperlinX Ltd. 20,644 47,853 Perpetual Ltd. 972 52,825 Promina Group Ltd. 24,084 100,560 Publishing & Broadcasting Ltd. 11,168 151,093 Qantas Airways Ltd. 70,004 153,948 QBE Insurance Group Ltd. 12,208 185,934 Record Investments Ltd. 6,000 55,053 Rinker Group Ltd. 6,704 81,634 Rio Tinto Ltd. 3,524 203,692 Rural Press Ltd. 6,068 47,967 Santos Ltd. 11,456 102,986 Seek Ltd. 14,636 58,175 See Notes to Schedule of Investments. 2 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN TOTAL DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Seven Network Ltd. 7,768 $ 46,747 SFE Corp., Ltd. 4,064 49,819 Sigma Pharmaceuticals Ltd. 25,864 49,961 Sims Group Ltd. 3,760 55,870 Sonic Healthcare Ltd. 4,664 49,205 St.George Bank Ltd. 13,924 303,414 Suncorp-Metway Ltd. 15,112 217,251 Symbion Health Ltd. 21,256 48,324 TABCORP Holdings Ltd. 16,496 186,287 Telstra Corp Ltd. 251,200 686,795 Ten Network Holdings Ltd. 22,056 43,260 Toll Holdings Ltd. 4,432 46,263 Transfield Services Ltd. 8,528 54,489 UNiTAB Ltd. 4,360 47,811 United Group Ltd. 4,896 52,380 Washington H. Soul Pattinson & Co., Ltd. 7,760 46,065 Wesfarmers Ltd. 11,876 311,726 West Australian Newspapers Holdings Ltd. 7,512 48,722 Westpac Banking Corp. 44,652 772,295 Woodside Petroleum Ltd. 8,232 269,102 Woolworths Ltd. 19,580 293,121 WorleyParsons Ltd. 3,296 49,220 ----------- Total Australia 12,308,399 ----------- Hong Kong - 25.7% Bank of East Asia Ltd. 26,776 110,145 Beijing Enterprises Holdings Ltd. 8,112 14,047 BOC Hong Kong (Holdings) Ltd. 194,748 381,121 Cheung Kong (Holdings) Ltd. 20,288 219,806 China Merchants Holdings (International) Co., Ltd. 16,228 49,413 China Mobile Ltd. 170,408 974,136 China National Aviation Co., Ltd. 24,344 8,463 China Netcom Group Corp. Ltd. 8,112 14,204 See Notes to Schedule of Investments. 3 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN TOTAL DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- China Overseas Land & Investment Ltd.* 40,572 $ 24,682 China Resources Enterprise, Ltd. 16,228 33,116 China Resources Power Holdings Co. 24,344 20,373 China Travel International Investment Hong Kong Ltd. 81,144 19,536 China Unicom Ltd. 73,028 65,346 CITIC International Financial Holdings Ltd. 56,804 31,997 CITIC Pacific Ltd. 40,572 119,621 CLP Holdings Ltd. 48,688 284,907 CNOOC Ltd. 215,032 171,649 Dah Sing Banking Group Ltd. 8,112 14,726 Dah Sing Financial Holdings Ltd. 1,620 11,868 Denway Motors Ltd. 81,144 27,163 Guangdong Investment Ltd. 56,804 21,758 Guangzhou Investment Co., Ltd. 32,460 6,018 Hang Lung Group Ltd. 16,228 35,101 Hang Lung Properties Ltd. 52,744 94,392 Hang Seng Bank Ltd. 40,164 509,354 Henderson Investment Ltd. 24,344 41,686 Henderson Land Development Co., Ltd. 16,228 84,305 Hong Kong & China Gas Co. Ltd. (The) 16,228 35,624 Hong Kong Aircraft Engineering Co. Ltd. 1,620 18,980 Hong Kong Exchanges and Clearing Ltd. 8,112 52,169 Hongkong & Shanghai Hotels (The) 12,168 13,473 Hongkong Electric Holdings Ltd. 38,544 174,433 Hopewell Holdings Ltd. 12,168 34,309 Hung Hing Printing Group 24,344 14,574 Hutchison Whampoa Ltd. 40,572 370,356 Hysan Development Co., Ltd. 8,112 22,873 i-CABLE Communications Ltd. 68,972 15,363 Industrial & Commercial Bank of China Ltd. 20,288 29,908 Lenovo Group Ltd. 64,916 21,522 MTR Corp. 46,660 112,640 New World Development Ltd. 32,460 53,494 Oriental Press Group 73,028 14,574 See Notes to Schedule of Investments. 4 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN TOTAL DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- PCCW Ltd. 85,200 $ 60,881 Shanghai Industrial Holdings Ltd. 12,168 23,734 Shaw Brothers 12,168 17,155 Shenzhen Investment Ltd. 24,344 6,582 Shun Tak Holdings Ltd. 8,112 10,601 Silver Grant International 24,344 6,504 Singamas Container Holdings Ltd. 16,228 11,283 Sino Land Co. 32,460 51,822 Sun Hung Kai & Co., Ltd. 20,288 18,415 Sun Hung Kai Properties Ltd. 28,400 289,594 Swire Pacific Ltd. Class A 10,144 104,679 Swire Pacific Ltd. Class B 30,428 58,372 Techtronic Industries Co. 10,144 13,713 Television Broadcasts Ltd. 4,056 25,066 Wharf Holdings Ltd. 24,344 86,506 Wheelock & Co., Ltd. 8,112 13,630 Wheelock Properties Ltd. 20,288 15,934 Wing Hang Bank Ltd. 4,056 35,510 Wing Lung Bank Ltd. 3,652 31,503 ----------- Total Hong Kong 5,254,709 ----------- New Zealand - 2.9% Air New Zealand Ltd. 23,840 17,164 Auckland International Airport Ltd. 28,568 37,825 CanWest MediaWorks NZ Ltd. 5,660 4,973 Contact Energy Ltd. 8,736 37,952 Fisher & Paykel Appliances Holdings Ltd. 6,516 18,328 Fisher & Paykel Healthcare Corp. 7,588 19,955 Fletcher Building Ltd. 10,764 60,094 Freightways Ltd. 3,416 7,712 Hallenstein Glasson Holdings Ltd. 2,444 7,814 Infratil Ltd. 3,272 8,185 Mainfreight Ltd. 948 3,210 New Zealand Refining Co., Ltd. (The) 6,864 27,641 Nuplex Industries Ltd. 2,092 8,093 See Notes to Schedule of Investments. 5 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN TOTAL DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- PGG Wrightson Ltd. 7,180 $ 9,726 Port of Tauranga Ltd. 2,988 9,754 Pumpkin Patch Ltd. 1,976 5,220 Ryman Healthcare Ltd. 820 4,308 Sanford Ltd. 2,572 7,847 Sky City Entertainment Group Ltd. 11,252 37,073 Steel & Tube Holdings Ltd. 3,592 10,191 Telecom Corp. of New Zealand Ltd. 95,336 235,004 Tourism Holdings Ltd. 3,676 3,992 Vector Ltd. 13,304 19,807 ----------- Total New Zealand 601,868 ----------- Singapore - 11.1% Fraser and Neave Ltd. 20,000 50,590 Allgreen Properties Ltd. 20,000 15,936 Ascendas Real Estate Investment Trust 28,000 33,996 Ascott Group Ltd. (The) 16,000 10,421 CapitaCommercial Trust 8,000 8,398 CapitaLand Ltd. 12,000 34,148 CapitaMall Trust Management Ltd. 24,000 32,175 Cerebos Pacific Ltd. 4,000 7,310 Chuan Hup Holdings Ltd. 72,000 15,025 City Developments Ltd. 4,000 23,651 ComfortDelgro Corp., Ltd. 32,000 30,961 COSCO Corp. (Singapore) Ltd. 12,000 9,561 Creative Technology Ltd. 1,600 8,904 DBS Group Holdings Ltd. 28,000 320,486 Elec & Eltek International Co., Ltd. 4,000 8,560 Great Eastern Holdings Ltd. 4,000 40,219 Guocoland Ltd. 8,000 12,243 Haw Par Corp., Ltd. 4,000 14,418 Hi-P International Ltd. 12,000 6,298 Hong Leong Finance Ltd. 8,000 16,593 See Notes to Schedule of Investments. 6 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN TOTAL DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- Jardine Cycle & Carriage Ltd. 4,000 $ 25,295 Jaya Holdings Ltd. 16,000 13,558 Keppel Corp. Ltd. 4,000 37,183 Keppel Land Ltd. 4,000 10,219 Keppel Telecommunications & Transportation Ltd. 8,000 7,943 Labroy Marine Ltd. 12,000 10,244 MFS Technology Ltd. 12,000 8,651 MobileOne Ltd. 24,000 31,416 Oversea-Chinese Banking Corp. 44,000 183,641 Overseas Union Enterprise Ltd. 4,000 25,548 Parkway Holdings Ltd. 12,000 18,743 Petra Foods Ltd. 12,000 10,548 Raffles Education Corp., Ltd. 4,000 6,121 Raffles Holdings Ltd. 24,000 10,548 SBS Transit Ltd. 6,000 8,233 SembCorp Industries Ltd. 16,000 32,782 SembCorp Marine Ltd. 16,000 30,354 SIA Engineering Co., Ltd. 8,000 18,617 Singapore Airlines Ltd. 16,000 128,498 Singapore Airport Terminal Services Ltd. 16,000 21,551 Singapore Exchange Ltd. 8,000 17,808 Singapore Land Ltd. 4,000 15,936 Singapore Petroleum Co., Ltd. 4,000 12,774 Singapore Post Ltd. 44,000 30,050 Singapore Press Holdings Ltd. 24,000 62,529 Singapore Technologies Engineering Ltd. 16,000 29,241 Singapore Telecommunications Ltd. 204,000 327,669 SMRT Corp., Ltd. 36,000 25,497 StarHub Ltd. 36,000 51,905 Straits Trading Co., Ltd. 4,000 6,931 Suntec Real Estate Investment Trust 28,000 21,956 United Industrial Corp., Ltd. 8,000 7,487 United Overseas Bank Ltd. 24,000 236,760 UOB-Kay Hian Holdings Ltd. 16,000 12,040 See Notes to Schedule of Investments. 7 =============================================================================== Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN TOTAL DIVIDEND FUND June 30, 2006 ------------------------------------------------------------------------------- Investments Shares US $ Value ------------------------------------------------------------------------------- UOL Group Ltd. 8,000 $ 14,469 Venture Corp., Ltd. 4,000 26,813 Want Want Holdings Ltd. 8,000 10,800 WBL Corp., Ltd. 4,000 13,659 Wheelock Properties (Singapore) Ltd. 8,000 7,285 ----------- Total Singapore 2,271,195 ----------- TOTAL COMMON STOCKS (Cost: $19,418,484) 20,436,171 =========== SHORT-TERM INVESTMENT - 0.0% MONEY MARKET FUND - 0.0% United States - 0.0% Columbia Cash Reserves Fund, 4.71%** (Cost: $5,000) 5,000 5,000 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.9% (Cost: $19,423,484)*** 20,441,171 =========== Foreign Cash and Other Assets in Excess of Liabilities - 0.1% 18,798 ------------------------------------------------------------------------------- NET ASSETS - 100.0% 20,459,969 =============================================================================== * 5,071 warrants attached, expiring on 7/18/07 with a cost of $0. ** Rate shown represents annualized 7-day yield as of June 30, 2006. ***Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 8 Portfolio Holdings by Sector WisdomTree Pacific ex-Japan Total Dividend Fund June 30, 2006 (unaudited) Sector Breakdown* US $ Value % Net Assets ------------------------------------------------------------------------------- Financials $ 9,352,407 45.8% Telecommunication Services 2,455,299 12.0 Industrials 2,339,199 11.4 Materials 1,841,589 9.0 Consumer Discretionary 1,410,436 6.9 Consumer Staples 971,088 4.7 Energy 811,215 4.0 Utilities 779,549 3.8 Health Care 290,194 1.4 Information Technology 185,196 0.9 Short-Term Investment 5,000 0.0# Foreign Cash and Other Assets in Excess of Liabilities 18,798 0.1 ----------- ------ $20,459,970 100.0% =========== ====== ---------- * A sector may comprise several industries. # Represents less than 0.05%. ================================================================================ Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.7% Australia - 87.4% Adelaide Bank Ltd. 10,892 $ 105,037 Adelaide Brighton Ltd. 54,092 102,880 Alesco Corp., Ltd. 10,940 73,476 Alinta Ltd. 20,568 159,381 Amcor Ltd. 53,436 265,198 Austereo Group Ltd. 60,124 75,937 Australia & New Zealand Banking Group Ltd. 82,072 1,621,335 Australian Pharmaceutical Industries Ltd. 44,272 75,980 Australian Pipeline Trust 30,712 97,431 AWB Ltd. 47,584 153,076 Baycorp Advantage Ltd. 5,976 14,252 BlueScope Steel Ltd. 62,392 368,515 Bradken Ltd. 5,652 21,836 City Pacific Ltd. 37,312 103,954 Coca-Cola Amatil Ltd. 53,816 283,477 Colorado Group Ltd. 8,820 28,505 Commonwealth Bank of Australia 53,356 1,760,449 Consolidated Minerals Ltd. 46,560 61,227 Crane Group Ltd. 8,464 77,032 CSR Ltd. 55,572 138,312 David Jones Ltd. 52,368 115,553 Excel Coal Ltd. 18,112 108,592 Flight Centre Ltd. 12,228 90,212 Futuris Corp., Ltd. 60,044 93,680 Galileo Shopping America Trust 126,552 110,476 Great Southern Plantations Ltd. 31,592 80,506 GUD Holdings Ltd. 13,324 78,203 Gunns Ltd. 39,356 82,163 GWA International Ltd. 39,660 91,637 Hills Industries Ltd. 25,868 92,634 Insurance Australia Group Ltd. 120,168 477,642 IWL Ltd. 3,508 11,207 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- John Fairfax Holdings Ltd. 74,520 $ 207,617 Jubilee Mines NL 16,740 99,869 Just Group Ltd. 29,580 75,159 Lend Lease Corp. Ltd. 26,752 278,057 Lion Nathan Ltd. 34,748 201,365 MacArthur Coal Ltd. 29,464 98,068 McGuigan Simeon Wines Ltd. 10,020 18,611 Mortgage Choice Ltd. 7,312 13,853 National Australia Bank Ltd. 64,912 1,695,639 New Hope Corp. Ltd. 88,436 80,487 Oakton Ltd. 4,404 10,765 OAMPS Ltd. 10,064 25,347 Pacific Brands Ltd. 74,768 119,430 Perpetual Ltd. 3,036 164,997 Prime Television Ltd. 6,464 16,568 Programmed Maintenance Services Ltd. 4,044 12,048 Promina Group Ltd. 65,928 275,274 Qantas Airways Ltd. 179,340 394,392 Repco Corp., Ltd. 52,256 44,259 Ridley Corp., Ltd. 17,988 16,171 Rural Press Ltd. 12,992 102,702 Salmat Ltd. 8,772 17,792 Sims Group Ltd. 11,912 177,000 Skilled Group Ltd. 5,420 17,154 Smorgon Steel Group Ltd. 118,012 147,297 Southern Cross Broadcasting Australia Ltd. 10,304 80,381 Spotless Group Ltd. 25,852 92,192 St. George Bank Ltd. 34,116 743,412 STW Communications Group Ltd. 32,040 66,890 Suncorp-Metway Ltd. 37,928 545,256 Sunland Group Ltd. 42,460 68,770 TABCORP Holdings Ltd. 41,908 473,260 Telstra Corp Ltd. 528,132 1,443,942 Ten Network Holdings Ltd. 55,392 108,645 See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Tishman Speyer Office Fund 48,788 $ 79,381 Wesfarmers Ltd. 29,084 763,409 West Australian Newspapers Holdings Ltd. 21,340 138,410 Westpac Banking Corp. 88,576 1,531,999 ----------- Total Australia 17,465,663 ----------- Hong Kong - 0.6% Fubon Bank Ltd. 64,832 23,789 Hung Hing Printing Group Ltd. 40,520 24,259 Oriental Press Group Ltd. 356,584 71,161 ----------- Total Hong Kong 119,209 ----------- New Zealand - 6.9% Air New Zealand Ltd. 114,060 82,121 Auckland International Airport Ltd. 101,268 134,081 CanWest MediaWorks NZ Ltd. 13,636 11,981 Fisher & Paykel Appliances Holdings Ltd. 32,020 90,066 Fletcher Building Ltd. 32,700 182,560 Freightways Ltd. 8,228 18,575 New Zealand Refining Co., Ltd. (The) 26,772 107,811 Nuplex Industries Ltd. 5,036 19,481 Sanford Ltd. 6,192 18,890 Sky City Entertainment Group Ltd. 39,508 130,171 Telecom Corp. of New Zealand Ltd. 235,140 579,622 ----------- Total New Zealand 1,375,359 ----------- Singapore - 4.8% Ascendas Real Estate Investment Trust 96,000 116,558 Chuan Hup Holdings Ltd. 388,000 80,969 Fortune Real Estate Investment Trust 20,000 15,450 Hong Leong Finance Ltd. 44,000 91,264 Jaya Holdings Ltd. 84,000 71,180 Macquarie MEAG Prime REIT 16,000 9,258 MobileOne Ltd. 92,000 120,429 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE PACIFIC EX-JAPAN HIGH-YIELDING EQUITY FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Robinson & Co., Ltd. 4,000 $ 12,900 SMRT Corp., Ltd. 144,000 101,989 StarHub Ltd. 116,000 167,249 Suntec Real Estate Investment Trust 120,000 94,097 UOB-Kay Hian Holdings Ltd. 96,000 72,242 ----------- Total Singapore 953,585 ----------- TOTAL COMMON STOCKS (Cost: $19,492,445) 19,913,816 =========== SHORT-TERM INVESTMENT - 0.0% MONEY MARKET FUND - 0.0% United States - 0.0% Columbia Cash Reserves Fund, 4.71%* (Cost: $5,000) 5,000 5,000 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.7% (Cost: $19,497,445)** 19,918,816 =========== Foreign Cash and Other Assets in Excess of Liabilities - 0.3% 53,157 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $19,971,973 ================================================================================ *Rate shown represents annualized 7-day yield as of June 30, 2006. **Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 4 Portfolio Holdings by Sector WisdomTree Pacific ex-Japan High-Yielding Equity Fund June 30, 2006 (unaudited) Sector Breakdown* US $ Value % of Net Assets ------------------------------------------------------------------------------- Financials $10,034,741 50.2% Telecommunication Services 2,311,242 11.6 Industrials 2,280,829 11.4 Consumer Discretionary 2,138,011 10.7 Materials 1,709,025 8.6 Consumer Staples 785,270 3.9 Energy 296,890 1.5 Utilities 256,811 1.3 Health Care 75,980 0.4 Information Technology 25,017 0.1 Short-Term Investment 5,000 0.0# Foreign Cash and Other Assets in Excess of Liabilities 53,157 0.3 ----------- ------ $19,971,973 100.0% =========== ====== ---------- * A sector may comprise several industries. # Represents less than 0.05%. ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.7% Australia - 6.1% AMP Ltd. 6,496 $ 44,063 Australia & New Zealand Banking Group Ltd. 8,208 162,149 BHP Billiton Ltd. 5,488 118,242 Commonwealth Bank of Australia 6,312 208,261 Macquarie Bank Ltd. 672 34,449 National Australia Bank Ltd. 7,412 193,617 QBE Insurance Group Ltd. 2,276 34,665 Rinker Group Ltd. 1,252 15,246 Rio Tinto Ltd. 656 37,918 St George Bank Ltd. 2,596 56,569 Telstra Corp Ltd. 46,876 128,162 Westpac Banking Corp. 8,332 144,109 Woodside Petroleum Ltd. 1,532 50,081 Woolworths Ltd. 3,652 54,672 ----------- Total Australia 1,282,203 ----------- Austria - 0.3% Bank Austria Creditanstalt AG 272 32,786 Erste Bank der oesterreichischen Sparkassen AG 248 13,953 OMV AG 236 14,047 Telekom Austria AG 480 10,685 ----------- Total Austria 71,471 ----------- Belgium - 2.1% Belgacom S.A. 1,624 53,844 Dexia N.V./S.A. 2,468 59,327 Fortis N.V./S.A. 5,424 184,620 Groupe Bruxelles Lambert S.A. 224 23,458 InBev N.V. 580 28,441 KBC Groep N.V. 812 87,110 ----------- Total Belgium 436,800 ----------- See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Denmark - 0.5% Danske Bank A/S 2,016 $ 76,718 Novo-Nordisk A/S Class B 404 25,727 ----------- Total Denmark 102,445 ----------- Finland - 1.3% Fortum Oyj 4,040 103,315 Nokia Oyj 6,864 140,075 UPM-Kymmene Corp. 1,616 34,817 ----------- Total Finland 278,207 ----------- France - 15.0% Accor S.A. 532 32,373 Assurances Generales de France 504 59,450 AXA S.A. 6,068 199,092 BNP Paribas 2,448 234,291 Bouygues S.A. 700 35,981 Carrefour S.A. 1,588 93,078 Christian Dior S.A. 272 26,658 Cie de Saint-Gobain S.A. 816 58,325 CNP Assurance S.A. 300 28,520 Credit Agricole S.A. 1,788 68,015 France Telecom S.A. 15,432 331,697 Gaz de France 1,292 43,365 Groupe Danone 488 61,993 Lafarge S.A. 444 55,722 Lagardere SCA 256 18,887 L'Air Liquide S.A. 292 56,864 L'Oreal S.A. 964 91,029 LVMH Moet Hennessy Louis Vuitton S.A. 720 71,441 Natexis Banques Populaires 84 19,322 Peugeot S.A. 628 39,066 See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- PPR S.A. 308 $ 39,264 Renault S.A. 780 83,777 Sanofi-Aventis 2,212 215,805 Schneider Electric S.A. 616 64,193 Societe Generale 1,188 174,689 Suez S.A. 4,304 178,858 Total S.A. 7,812 513,924 Vallourec S.A. 8 9,615 Veolia Environnement S.A. 616 31,829 VINCI S.A. 608 62,621 Vivendi S.A. 4,124 144,484 ----------- Total France 3,144,228 ----------- Germany - 7.5% Adidas AG 132 6,309 Allianz AG 492 77,706 BASF AG 1,192 95,686 Bayer AG 1,536 70,586 Bayerische Motoren Werke AG 748 37,358 Beiersdorf AG 92 13,859 Commerzbank AG 832 30,256 Continental AG 128 13,080 DaimlerChrysler AG 2,824 139,489 Deutsche Bank AG 724 81,465 Deutsche Boerse AG 48 6,536 Deutsche Post AG 3,032 81,259 Deutsche Postbank AG 268 19,279 Deutsche Telekom AG 17,936 288,508 E.ON AG 1,652 190,152 Metro AG 552 31,282 Muenchener Rueckversicherungs AG 496 67,740 RWE AG 1,076 89,498 SAP AG 208 43,883 Siemens AG 1,312 114,126 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- ThyssenKrupp AG 1,040 $ 35,599 T-Online International AG* 468 4,189 Volkswagen AG 448 31,409 ----------- Total Germany 1,569,254 ----------- Hong Kong - 3.0% BOC Hong Kong (Holdings) Ltd. 36,360 71,156 Cheung Kong (Holdings) Ltd. 4,040 43,771 China Mobile Ltd. 32,320 184,757 China Netcom Group Corp. Ltd. 2,016 3,530 China Unicom Ltd. 8,084 7,234 CLP Holdings Ltd. 8,084 47,305 CNOOC Ltd. 40,404 32,252 Hang Seng Bank Ltd. 7,672 97,295 Hong Kong & China Gas Co. Ltd. (The) 4,040 8,869 Hutchison Whampoa Ltd. 8,084 73,794 MTR Corp. 8,084 19,515 Sun Hung Kai Properties Ltd. 4,040 41,196 ----------- Total Hong Kong 630,674 ----------- Ireland - 0.6% Allied Irish Banks PLC 2,368 57,075 Anglo Irish Bank Corp. PLC 576 8,948 Bank of Ireland 2,424 43,237 CRH PLC 600 19,556 ----------- Total Ireland 128,816 ----------- Italy - 7.5% Assicurazioni Generali SpA 1,452 52,876 Autostrade SpA 580 16,293 Banca Intesa SpA 21,748 127,361 Banca Monte dei Paschi di Siena SpA 3,328 20,000 Capitalia SpA 6,152 50,462 Enel SpA 24,752 213,315 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- ENI SpA 17,556 $ 516,977 Luxottica Group SpA 372 10,103 Mediaset SpA 3,012 35,509 Mediobanca SpA 1,784 34,924 RAS Holding SpA 1,976 49,117 Sanpaolo IMI SpA 3,796 67,127 Telecom Italia SpA 64,936 180,799 UniCredito Italiano SpA 25,696 201,080 ----------- Total Italy 1,575,943 ----------- Japan - 7.3% AEON Co., Ltd. 400 8,783 Astellas Pharma, Inc. 400 14,696 Bridgestone Corp. 400 7,715 Canon Inc. 1,200 58,890 Chubu Electric Power Co., Inc. 1,200 32,437 Chugai Pharmaceutical Co., Ltd. 400 8,170 DENSO CORP. 800 26,173 East Japan Railway Co. 4 29,742 Eisai Co., Ltd. 400 18,020 Fuji Photo Film Co., Ltd. 400 13,437 Hitachi Ltd. 4,000 26,453 Honda Motor Co., Ltd. 1,600 50,807 Hoya Corp. 400 14,241 Japan Tobacco, Inc. 4 14,591 JFE Holdings, Inc. 400 16,971 Kansai Electric Power Co., Inc. (The) 1,200 26,873 Keyence Corp. 400 102,244 Kyushu Electric Power Co., Inc. 800 18,615 Mitsubishi Corp. 1,200 23,986 Mitsubishi UFJ Financial Group, Inc. 4 55,986 Mitsui Fudosan Co., Ltd. 4,000 86,953 Mizuho Financial Group, Inc. 4 33,906 Mizuho Trust & Banking Co., Ltd. 4,000 9,832 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Nikko Cordial Corp. 2,000 $ 25,613 Nippon Steel Corp. 4,000 15,151 Nippon Telegraph & Telephone Corp. 12 58,890 Nissan Motor Co., Ltd. 6,400 69,982 Nomura Holdings, Inc. 1,200 22,517 NTT DoCoMo, Inc. 56 82,299 ORIX Corp. 40 9,780 SMC Corp. 400 56,651 SOFTBANK CORP. 400 8,975 Sony Corp. 400 17,671 Sumitomo Electric Industries Ltd. 400 5,865 Sumitomo Metal Industries Ltd. 4,000 16,516 Sumitomo Realty & Development Co., Ltd. 4,000 98,675 Suzuki Motor Corp. 400 8,660 T&D Holdings, Inc. 200 16,183 Takeda Pharmaceutical Co., Ltd. 800 49,827 Tohoku Electric Power Co., Inc. 800 17,566 Tokyo Electric Power Co., Inc. (The) 2,000 55,286 Tokyo Gas Co., Ltd. 4,000 18,860 Toyota Motor Corp. 3,200 167,677 Yahoo Japan Corp. 12 6,361 ----------- Total Japan 1,528,526 ----------- Netherlands - 4.2% ABN AMRO Holding N.V. 6,600 180,512 Aegon N.V. 4,112 70,297 Akzo Nobel N.V. 604 32,560 European Aeronautic Defence & Space Co. N.V. 1,496 42,963 Heineken N.V. 460 19,498 ING Groep N.V. 6,232 244,873 Koninklijke Philips Electronics N.V. 1,792 55,977 Royal KPN N.V. 8,088 90,904 STMicroelectronics N.V. 668 10,754 TNT N.V. 780 27,906 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Unilever N.V. 4,500 $ 102,017 ----------- Total Netherlands 878,261 ----------- Norway - 1.1% DnB NOR ASA 4,444 55,170 Norsk Hydro ASA 2,420 64,169 Statoil ASA 3,032 86,001 Telenor ASA 2,420 29,265 ----------- Total Norway 234,605 ----------- Portugal - 0.4% EDP-Energias de Portugal S.A. 9,636 37,826 Portugal Telecom, SGPS, S.A. 4,272 51,565 ----------- Total Portugal 89,391 ----------- Singapore - 0.9% DBS Group Holdings Ltd. 4,000 45,784 Oversea-Chinese Banking Corp. Ltd. 8,000 33,389 Singapore Telecommunications Ltd. 40,000 64,249 United Overseas Bank Ltd. 4,000 39,460 ----------- Total Singapore 182,882 ----------- Spain - 5.2% Abertis Infraestructuras S.A. 1,080 25,285 ACS, Actividades Construccion y Servicios, S.A. 372 15,511 Altadis, S.A. 516 24,386 Banco Bilbao Vizcaya Argentaria, S.A. 8,220 169,009 Banco Popular Espanol, S.A. 2,896 43,140 Banco S.A.ntander Central Hispano S.A. 17,040 248,821 Cia Espanola De Petroleos, S.A. 464 33,106 EndeS.A. S.A. 2,340 81,354 Gas Natural SDG S.A. 1,084 33,085 Grupo Ferrovial S.A. 152 11,603 Iberdrola S.A. 2,216 76,306 See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Inditex S.A. 444 $ 18,723 Repsol YPF, S.A. 2,460 70,427 Telefonica Moviles, S.A. 6,116 85,788 Telefonica S.A. 7,588 126,325 Union Fenosa S.A. 492 19,036 ----------- Total Spain 1,081,905 ----------- Sweden - 2.4% Atlas Copco AB Class A 808 22,434 ForeningsSparbanken AB 1,616 42,400 H & M AB Class B 2,016 78,082 Nordea Bank AB 8,084 96,513 Sandvik AB 2,420 28,136 Skandinaviska Enskilda Banken AB 1,616 38,474 Svenska Handelsbanken Class A 1,616 41,614 Telefonaktiebolaget LM Ericsson Class B 20,200 66,740 TeliaSonera AB 10,100 57,346 Volvo AB Class B 808 39,708 ----------- Total Sweden 511,447 ----------- Switzerland - 4.9% Adecco S.A. 180 10,624 Credit Suisse Group 2,640 147,409 Holcim Ltd. 300 22,947 Nestle S.A. 756 236,983 Novartis AG 3,464 187,197 Roche Holding AG 688 113,506 Swiss Reinsurance Co. 752 52,456 Swisscom AG 184 60,457 UBS AG 1,872 204,774 ----------- Total Switzerland 1,036,353 ----------- United Kingdom - 29.3% Anglo American PLC 2,948 120,936 See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Associated British Foods PLC 1,564 $ 21,999 AstraZeneca PLC 3,236 195,355 Aviva PLC 7,320 103,639 BAA PLC 2,316 39,966 BAE SYSTEMS PLC 6,924 47,351 Barclays PLC 23,368 265,589 BG Group PLC 2,632 35,171 BHP Billiton PLC 3,428 66,509 BOC Group PLC 1,136 33,218 BP PLC 53,592 624,958 British American Tobacco PLC 6,152 154,974 British Land Co. PLC 568 13,268 British Sky Broadcasting PLC 3,040 32,246 BT Group PLC 33,532 148,381 Cadbury Schweppes PLC 4,344 41,900 Centrica PLC 10,472 55,249 Diageo PLC 8,156 137,197 GlaxoSmithKline PLC 14,148 395,390 GUS PLC 2,484 44,381 HBOS PLC 12,732 221,356 HSBC Holdings PLC 39,348 692,465 Imperial Tobacco Group PLC 1,968 60,750 Land Securities Group PLC 1,116 37,030 Legal & General Group PLC 6,864 16,282 Lloyds TSB Group PLC 31,864 313,235 Man Group PLC 460 21,678 Marks & Spencer Group PLC 2,992 32,484 National Grid PLC 10,060 108,848 Old Mutual PLC 14,404 43,491 Prudential PLC 5,348 60,436 Reckitt Benckiser PLC 1,120 41,844 Reed Elsevier PLC 2,968 29,972 Rio Tinto PLC 1,432 75,722 Royal Bank of Scotland Group (The) PLC 9,436 310,303 See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL LARGECAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Royal Dutch Shell PLC Class A 10,608 $ 356,731 Royal Dutch Shell PLC Class B 7,444 260,354 SABMiller PLC 2,516 45,348 Scottish & Southern Energy PLC 2,896 61,651 Scottish Power PLC 5,420 58,443 Shire PLC 184 2,685 Standard Chartered PLC 2,836 69,238 Tesco PLC 15,964 98,618 Unilever PLC 4,024 90,502 Vodafone Group PLC 179,472 382,564 Wolseley PLC 1,072 23,654 WPP Group PLC 1,324 16,027 Xstrata PLC 456 17,290 ----------- Total United Kingdom 6,126,678 ----------- TOTAL COMMON STOCKS (Cost: $19,758,895) 20,890,089 =========== RIGHT* - 0.0% France - 0.0% AXA S.A., expiring on 7/01/06 1,517 1,280 ----------- TOTAL LONG-TERM INVESTMENTS (Cost: $19,758,895) 20,891,369 =========== SHORT-TERM INVESTMENT - 0.2% MONEY MARKET FUND - 0.2% United States - 0.2% Columbia Cash Reserves Fund, 4.71%** (Cost: $39,579) 39,579 39,579 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.9% (Cost: $19,798,474)*** 20,930,948 =========== Cash, Foreign Cash and Other Assets in Excess of Liabilities - 0.1% 12,533 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $20,943,481 ================================================================================ * Non-income producing security. ** Rate shown represents annualized 7-day yield as of June 30, 2006. ***Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 10 Portfolio Holdings by Sector WisdomTree International LargeCap Dividend Fund June 30, 2006 (unaudited) Sector Breakdown* US $ Value % of Net Assets ------------------------------------------------------------------------------- Financials $ 7,670,670 36.6% Energy 2,658,199 12.7 Telecommunication Services 2,472,204 11.8 Utilities 1,607,939 7.7 Consumer Staples 1,473,743 7.0 Consumer Discretionary 1,399,223 6.7 Health Care 1,226,380 5.8 Materials 958,055 4.6 Industrials 951,125 4.5 Information Technology 473,831 2.3 Short-Term Investment 39,579 0.2 Cash, Foreign Cash and Other Assets in Excess of Liabilities 12,533 0.1 ----------- ------ $20,943,481 100.0% =========== ====== ---------- * A sector may comprise several industries. ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL DIVIDEND TOP 100(SM) FUND June 30, (2006) -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.8% Australia - 14.3% AMP Ltd. 31,704 $ 215,052 Australia & New Zealand Banking Group Ltd. 15,400 304,228 Commonwealth Bank of Australia 9,388 309,751 Macquarie Bank Ltd. 4,256 218,178 National Australia Bank Ltd. 11,072 289,224 QBE Insurance Group Ltd. 10,708 163,088 St.George Bank Ltd. 15,184 330,870 Telstra Corp. Ltd. 176,560 482,725 Westpac Banking Corp. 17,844 308,628 Woodside Petroleum Ltd. 4,644 151,811 Woolworths Ltd. 14,160 211,981 ----------- Total Australia 2,985,536 ----------- Belgium - 3.1% Belgacom S.A. 9,036 299,592 Dexia N.V. 6,396 153,751 Fortis N.V. 5,876 200,005 ----------- Total Belgium 653,348 ----------- Denmark - 1.0% ----------- Danske Bank A/S 5,428 206,559 ----------- Finland - 2.6% Fortum Oyj 12,120 309,945 UPM-Kymmene Corp. 10,504 226,311 ----------- Total Finland 536,256 ----------- France - 7.9% Assurances Generales de France 1,456 171,743 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL DIVIDEND TOP 100(SM) FUND June 30, (2006) -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- AXA S.A. 4,636 $ 152,108 BNP Paribas 1,864 178,398 Credit Agricole S.A. 4,040 153,681 France Telecom S.A. 13,548 291,202 Societe Generale 1,244 182,924 Suez S.A. 4,448 184,842 Total S.A. 2,388 157,098 Vivendi S.A. 4,968 174,054 ----------- Total France 1,646,050 ----------- Germany - 4.5% BASF AG 1,904 152,841 DaimlerChrysler AG 3,492 172,485 Deutsche Post AG 6,180 165,627 Deutsche Telekom AG 17,324 278,664 E.ON AG 1,416 162,987 ----------- Total Germany 932,604 ----------- Hong Kong - 4.2% BOC Hong Kong (Holdings) Ltd. 125,240 245,094 China Netcom Group Corp. Ltd. 103,020 180,388 CLP Holdings Ltd. 42,420 248,228 Hang Seng Bank Ltd. 16,564 210,062 ----------- Total Hong Kong 883,772 ----------- Ireland - 1.7% Allied Irish Banks PLC 7,640 184,143 Bank of Ireland 9,016 160,820 ----------- Total Ireland 344,963 ----------- Italy - 9.9% Banca Intesa SpA 41,504 243,056 Capitalia SpA 19,916 163,362 Enel SpA 37,408 322,386 See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL DIVIDEND TOP 100(SM) FUND June 30, (2006) -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- ENI SpA 8,008 $ 235,814 Mediaset SpA 18,708 220,551 RAS Holding SpA 8,308 206,512 Sanpaolo IMI SpA 10,064 177,969 Telecom Italia SpA 115,636 321,961 UniCredito Italiano SpA 22,628 177,072 ----------- Total Italy 2,068,683 ----------- Netherlands - 5.0% ABN AMRO Holding N.V. 9,104 248,997 Aegon N.V. 10,240 175,058 ING Groep N.V. 4,720 185,463 Royal KPN N.V. 21,760 244,568 Unilever N.V. 8,320 188,618 ----------- Total Netherlands 1,042,704 ----------- Norway - 1.0% DnB NOR ASA 16,564 205,633 ----------- Portugal - 2.1% EDP - Energias de Portugal, S.A. 46,804 183,727 Portugal Telecom, SGPS, S.A. 20,720 250,100 ----------- Total Portugal 433,827 ----------- Singapore - 3.3% DBS Group Holdings Ltd. 16,000 183,135 Oversea-Chinese Banking Corp. 40,000 166,946 Singapore Telecommunications Ltd. 88,000 141,348 United Overseas Bank Ltd. 20,000 197,300 ----------- Total Singapore 688,729 ----------- See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL DIVIDEND TOP 100(SM) FUND June 30, (2006) -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Spain - 6.3% Banco Bilbao Vizcaya Argentaria, Chile, S.A. 7,684 $ 157,988 Banco Popular Espanol, S.A. 10,796 160,820 Banco Santander Central Hispano, S.A. 12,324 179,957 Endesa S.A. 6,408 222,784 Gas Natural SDG S.A. 6,032 184,105 Iberdrola S.A. 5,604 192,968 Telefonica S.A. 13,096 218,022 ----------- Total Spain 1,316,644 ----------- Sweden - 5.5% ForeningsSparbanken AB 7,676 201,399 H & M AB Class B 5,048 195,516 Nordea Bank AB 16,160 192,930 Sandvik AB 12,120 140,912 Svenska Handelsbanken Class A 6,464 166,458 Volvo AB Class B 4,848 238,246 ----------- Total Sweden 1,135,461 ----------- Switzerland - 1.0% Swisscom AG 604 198,457 ----------- United Kingdom - 26.4% Aviva PLC 14,512 205,465 BAE SYSTEMS PLC 20,960 143,339 Barclays PLC 20,532 233,356 BP PLC 15,892 185,323 British American Tobacco PLC 7,760 195,481 BT Group PLC 68,452 302,903 Centrica PLC 42,848 226,059 Diageo PLC 11,612 195,333 GlaxoSmithKline PLC 5,656 158,067 GUS PLC 10,284 183,741 HBOS PLC 12,904 224,346 HSBC Holdings PLC 10,448 183,869 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL DIVIDEND TOP 100(SM) FUND June 30, (2006) -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Imperial Tobacco Group PLC 6,280 $ 193,857 Legal & General Group PLC 91,240 216,426 Lloyds TSB Group PLC 39,772 390,973 National Grid PLC 23,460 253,834 Old Mutual PLC 55,412 167,311 Prudential PLC 13,220 149,396 Reed Elsevier PLC 15,872 160,284 Royal Bank of Scotland Group (The) PLC 7,368 242,297 Royal Dutch Shell PLC Class A 5,928 199,350 Scottish & Southern Energy PLC 10,632 226,337 Scottish Power PLC 30,152 325,125 Standard Chartered PLC 6,008 146,680 Unilever PLC 9,580 215,459 Vodafone Group PLC 85,172 181,553 ----------- Total United Kingdom 5,506,164 ----------- TOTAL COMMON STOCKS (Cost: $19,761,613) 20,785,390 ----------- RIGHT* - 0.0% France - 0.0% AXA S.A., expiring on 7/01/06 1,159 978 ----------- TOTAL LONG-TERM INVESTMENTS (Cost: $19,761,613) 20,786,368 =========== SHORT-TERM INVESTMENT - 0.2% MONEY MARKET FUND - 0.2% United States - 0.2% Columbia Cash Reserves Fund, 4.71%** (Cost: $33,814) 33,814 33,814 ----------- TOTAL INVESTMENTS IN SECURITIES - 100.0% (Cost: $19,795,427)*** 20,820,182 =========== Other Assets in Excess of Liabilities - 0.0% 1,139 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $20,821,321 ================================================================================ * Non-income producing security. ** Rate shown represents annualized 7-day yield as of June 30, 2006. ***Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 5 Portfolio Holdings by Sector WisdomTree International Dividend Top(SM) 100 June 30, 2006 (unaudited) Sector Breakdown* US $ Value % of Net Assets ------------------------------------------------------------------------------- Financials $ 9,889,456 47.5% Telecommunication Services 3,391,483 16.3 Utilities 3,043,328 14.6 Consumer Staples 1,200,730 5.8 Consumer Discretionary 1,106,631 5.3 Energy 929,397 4.5 Industrials 688,124 3.3 Materials 379,152 1.8 Health Care 158,067 0.7 Short-Term Investment 33,814 0.2 Other Assets in Excess of Liabilities 1,139 0.0# ----------- ------ $20,821,321 100.0% =========== ====== ---------- * A sector may comprise several industries. # Represents less than 0.05%. ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.6% Australia - 11.9% Alumina Ltd. 12,996 $ 65,174 Amcor Ltd. 13,536 67,178 Aristocrat Leisure Ltd. 5,752 55,042 Australian Gas Light Co., Ltd. 6,704 87,213 Australian Stock Exchange Ltd. 2,452 59,351 AXA Asia Pacific Holdings Ltd. 12,964 60,390 BlueScope Steel Ltd. 16,532 97,645 Brambles Industries Ltd. 8,504 69,498 Caltex Australia Ltd. 3,760 65,926 Coca-Cola Amatil Ltd. 13,712 72,228 Coles Myer Ltd. 16,560 139,765 CSL Ltd. 1,428 57,025 Foster's Group Ltd. 29,720 120,780 Harvey Norman Holdings Ltd. 19,392 56,765 Insurance Australia Group Ltd. 33,200 131,963 John Fairfax Holdings Ltd. 20,116 56,044 Lend Lease Corp. Ltd. 6,812 70,803 Lion Nathan Ltd. 9,928 57,533 Newcrest Mining Ltd. 3,860 60,453 Orica Ltd. 3,512 62,335 Origin Energy Ltd. 11,124 60,827 Promina Group Ltd. 16,904 70,581 Publishing & Broadcasting Ltd. 7,840 106,068 Qantas Airways Ltd. 49,144 108,074 Santos Ltd. 8,048 72,349 Suncorp-Metway Ltd. 10,608 152,501 TABCORP Holdings Ltd. 11,580 130,771 Toll Holdings Ltd. 5,224 54,531 Wesfarmers Ltd. 8,340 218,912 ----------- Total Australia 2,487,725 ----------- Austria - 0.6% BOEHLER-UDDEHOLM AG 380 20,772 Oesterreichische Elektrizitaetswirtschafts AG Class A 532 25,577 Uniqa Versicherungen AG 420 13,641 voestalpine AG 148 22,482 Wiener Staedtische AG 336 19,763 Wienerberger AG 640 30,401 ----------- Total Austria 132,636 ----------- See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Belgium - 1.8% Ackermans & van Haaren 116 $ 8,440 Agfa-Gevaert N.V. 1,152 27,899 Almancora SCA 480 62,603 Bekaert S.A. 144 13,828 Delhaize Group 580 40,196 Groep Colruyt S.A. 208 32,473 Mobistar S.A. 700 55,538 Solvay S.A. 712 81,890 UCB S.A. 892 48,246 Umicore 120 16,019 ----------- Total Belgium 387,132 ----------- Finland - 2.7% Elisa Oyj Class A 2,028 38,611 Kesko Oyj Class B 812 31,127 Metso Oyj 812 29,456 OKO Bank PLC Class A 2,436 35,820 Outokumpu Oyj 1,624 38,000 Rautaruukki Oyj 2,436 73,571 Sampo Oyj Class A 6,088 116,144 Sanoma-WSOY Oyj 2,108 50,727 Stora Enso Oyj Class R 6,904 96,400 TietoEnator Corp. 812 23,444 Wartsila Oyj Class B 404 17,047 YIT Oyj 1,016 24,904 ----------- Total Finland 575,251 ----------- France - 7.8% Air France-KLM 1,748 41,081 Bail Investissement 552 34,775 Capgemini S.A. 696 39,718 Casino Guichard Perrachon S.A. 1,260 95,780 Cie Generale d'Optique Essilor International S.A. 468 47,095 Ciments Francais 232 38,534 Clarins 548 37,873 Compagnie Generale des Etablissements Michelin Class B 1,424 85,577 Dassault Systemes S.A. 724 38,789 Eiffage 496 41,985 Eramet 276 39,349 See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Euler Hermes S.A. 352 $ 38,842 Eurazeo 372 36,840 Gecina S.A. 892 116,793 Hermes International 436 38,551 Imerys S.A. 620 49,548 Klepierre 532 61,596 M6-Metropole Television 1,984 62,077 PagesJaunes Groupe S.A. 5,320 166,999 Publicis Groupe 924 35,680 Societe Des Autoroutes Paris-Rhin-Rhone 612 41,944 Societe Television Francaise 1 2,012 65,602 Sodexho Alliance S.A. 1,272 61,105 Technip S.A. 872 48,279 Thales S.A. 1,660 64,823 Thomson 1,992 32,934 Unibail 516 89,928 Valeo S.A. 984 35,028 Wendel Investissement 324 39,108 ----------- Total France 1,626,233 ----------- Germany - 3.9% Altana AG 964 53,693 AMB Generali Holding AG 304 43,147 Celesio AG 432 39,257 Deutsche Lufthansa AG 4,716 86,834 Fraport AG Frankfurt Airport Services Worldwide 360 25,663 Fresenius AG 116 19,178 Fresenius Medical Care AG & Co. KGaA 384 44,131 Heidelberger Druckmaschinen AG 440 20,001 Henkel KGaA 380 39,503 Hochtief AG 364 20,241 Hypo Real Estate Holding AG 772 46,878 IKB Deutsche Industriebank AG 692 25,306 IVG Immobilien AG 620 18,725 K+S AG 324 26,129 Linde AG 724 55,776 MAN AG 704 50,967 Merck KGaA 196 17,819 Puma AG Rudolf Dassler Sport 52 20,208 Rheinmetall AG 276 19,237 Salzgitter AG 236 20,028 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Suedzucker AG 1,512 $ 33,524 TUI AG 3,428 67,896 United Internet AG 1,376 19,828 ----------- Total Germany 813,969 ----------- Hong Kong - 5.1% Bank of East Asia Ltd. 18,680 76,841 China Merchants Holdings (International) Co., Ltd. 16,244 49,462 China Overseas Land & Investment Ltd.* 32,484 19,761 China Resources Enterprise, Ltd. 8,124 16,579 China Resources Power Holdings Co. 16,244 13,594 CITIC Pacific Ltd. 28,428 83,816 Denway Motors Ltd. 56,860 19,034 Guangdong Investment Ltd. 40,616 15,557 Hang Lung Group Ltd. 12,184 26,354 Hang Lung Properties Ltd. 36,552 65,414 Henderson Investment Ltd. 16,244 27,816 Henderson Land Development Co., Ltd. 12,184 63,297 Hong Kong Exchanges and Clearing Ltd. 8,124 52,246 Hongkong Electric Holdings Ltd. 26,396 119,457 Hopewell Holdings 8,124 22,907 Hysan Development Co., Ltd. 8,124 22,907 Lenovo Group Ltd. 48,732 16,156 New World Development Ltd. 24,368 40,158 PCCW Ltd. 60,916 43,528 Sino Land Co. 16,244 25,934 Swire Pacific Ltd. Class A 8,124 83,834 Swire Pacific Ltd. Class B 20,304 38,951 Television Broadcasts Ltd. 4,064 25,115 Wharf Holdings Ltd. 16,244 57,723 Wheelock & Co., Ltd. 12,184 20,471 Wing Hang Bank Ltd. 2,028 17,755 ----------- Total Hong Kong 1,064,667 ----------- Ireland - 0.7% C&C Group PLC 1,988 17,260 Depfa Bank PLC 1,900 31,485 IAWS Group PLC 316 5,507 Independent News & Media PLC 8,968 26,202 Irish Life & Permanent PLC 2,280 54,575 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Kerry Group PLC Class A 420 $ 9,022 Kingspan Group PLC 392 6,772 ----------- Total Ireland 150,823 ----------- Italy - 7.6% ACEA SpA 2,544 35,196 AEM SpA 15,772 36,623 Alleanza Assicurazioni SpA 9,000 101,959 Autogrill SpA 2,252 34,641 Banca Carige SpA 6,544 35,311 Banca CR Firenze 12,360 34,966 Banca Fideuram SpA 9,868 57,411 Banca Lombarda e Piemontese SpA 2,780 44,824 Banca Popolare dell'Emilia Romagna S.c.r.l. 1,752 37,411 Banca Popolare di Milano S.c.r.l. 2,864 36,492 Banca Popolare di Sondrio S.c.r.l 2,092 33,972 Banca Popolare di Verona e Novara S.c.r.l. 2,400 64,291 Banca Popolare Italiana 4,688 44,568 Banche Popolari Unite S.c.r.l. 3,208 82,982 Bulgari SpA 3,196 36,248 CIR-Compagnie Industriali Riunite SpA 12,180 34,691 Finmeccanica SpA 1,792 39,778 Fondiaria-Sai SpA 1,204 49,202 Geox SpA 3,152 37,522 Hera SpA 10,656 35,426 Ifil Investments SpA 6,236 35,403 Italcementi SpA 1,500 37,938 Mediolanum SpA 5,140 36,082 Milano Assicurazioni SPA 5,880 42,893 Pirelli & C SpA 40,276 35,045 RCS MediaGroup SpA 6,456 33,061 Reti Bancarie Holding SpA 716 34,515 Saipem SpA 1,616 36,759 Snam Rete Gas SpA 30,724 135,043 Terna SpA 32,236 85,941 Toro Assicurazioni SpA 3,760 100,337 Unipol SpA 19,200 61,743 ----------- Total Italy 1,588,274 ----------- Japan - 13.7% Acom Co., Ltd. 1,080 58,669 Advantest Corp. 800 81,599 See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Aisin Seiki Co., Ltd. 2,000 $ 59,485 Ajinomoto Co., Inc. 4,000 44,334 All Nippon Airways Co., Ltd. 16,000 61,584 Asahi Breweries Ltd. 4,400 61,854 Asahi Kasei Corp. 12,000 78,415 Bank of Yokohama Ltd. (The) 8,000 61,934 Chugoku Electric Power Co., Inc. (The) 3,200 67,743 Credit Saison Co., Ltd. 1,200 56,895 Daikin Industries Ltd. 2,000 69,457 Daiwa House Industry Co., Ltd. 4,000 64,034 Electric Power Development Co. 1,600 61,024 Fast Retailing Co., Ltd. 800 65,433 Ibiden Co., Ltd. 1,200 57,735 JS Group Corp. 3,200 67,323 JSR Corp. 2,400 60,674 Kobe Steel Ltd. 20,000 62,634 Marubeni Corp. 12,000 64,034 Matsushita Electric Works Ltd. 4,000 44,473 Mazda Motor Corp. 12,000 75,266 Mitsubishi UFJ Securities Co. 4,000 51,647 Mitsui OSK Lines Ltd. 8,000 54,446 Mitsui Trust Holdings, Inc. 4,000 48,113 Nippon Mining Holdings, Inc. 8,000 67,393 Nippon Oil Corp. 8,000 58,505 Nippon Yusen KK 8,000 52,067 OJI Paper Co., Ltd. 12,000 68,337 Olympus Corp. 4,000 107,073 Osaka Gas Co., Ltd. 20,000 64,383 Promise Co., Ltd. 1,000 57,998 Sega Sammy Holdings Inc. 1,600 59,345 Sekisui House, Ltd. 4,000 54,971 Shinsei Bank Ltd. 8,000 50,737 Shiseido Co., Ltd. 4,000 78,555 Sumco Corp. 1,200 68,442 Sumitomo Metal Mining Co., Ltd. 4,000 52,206 Takefuji Corp. 1,000 59,660 Teijin Ltd. 8,000 50,807 Tokyu Corp. 12,000 70,122 Toppan Printing Co., Ltd. 4,000 45,278 Toyota Tsusho Corp. 2,800 67,235 UFJ NICOS Co., Ltd. 4,000 32,402 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Yamada Denki Co., Ltd. 800 $ 81,669 Yamaha Motor Co., Ltd. 2,400 62,774 Yamato Holdings Co., Ltd. 4,000 71,032 ----------- Total Japan 2,859,796 ----------- Netherlands - 3.2% Buhrmann N.V. 984 14,268 Corio N.V. 1,012 62,927 CSM N.V. 764 21,257 Euronext N.V. 400 37,490 Fugro N.V. 364 15,694 Heineken Holding N.V. 996 36,716 Hunter Douglas N.V. 288 19,388 Koninklijke BAM Groep N.V. 828 16,453 Koninklijke DSM N.V. 1,704 70,942 Koninklijke Vopak N.V. 400 14,111 Mittal Steel Co. N.V. 944 29,198 Randstad Holding N.V. 464 27,197 Reed Elsevier N.V. 6,700 100,747 Rodamco Europe N.V. 1,112 108,986 SBM Offshore N.V. 620 16,521 Vedior N.V. 740 15,537 Wolters Kluwer N.V. 2,580 60,931 ----------- Total Netherlands 668,363 ----------- New Zealand - 1.1% Contact Energy Ltd. 6,128 26,621 Fletcher Building Ltd. 7,552 42,162 Telecom Corp. of New Zealand Ltd. 66,924 164,968 ----------- Total New Zealand 233,751 ----------- Norway - 1.1% Aker ASA Class A 484 25,395 Norske Skogindustrier ASA 3,248 47,630 Orkla ASA 1,460 67,690 Storebrand ASA 4,468 46,133 Wilh Wilhelmsen ASA Class A 204 6,655 Yara International ASA 2,436 32,493 ----------- Total Norway 225,996 ----------- Portugal - 1.6% Banco BPI S.A. 4,464 33,905 See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Banco Comercial Portugues S.A. Class R 31,856 $ 90,426 Banco Espirito Santo, S.A. 4,688 63,180 Brisa-Auto-estradas de Portugal S.A. 5,004 52,211 CIMPOR - Cimentos de Portugal SGPS S.A. 6,444 42,928 PT Multimedia-Servicos de Telecomunicacoes e Multimedia, SGPS, S.A. 2,716 31,429 Sonae SGPS, S.A. 11,088 16,588 ----------- Total Portugal 330,667 ----------- Singapore - 1.9% Fraser and Neave Ltd. 20,000 50,590 CapitaLand Ltd. 8,000 22,765 City Developments Ltd. 4,000 23,651 Great Eastern Holdings Ltd. 4,000 40,219 Keppel Corp. Ltd. 4,000 37,183 SembCorp Marine Ltd. 12,000 22,765 Singapore Airlines Ltd. 12,000 96,373 Singapore Press Holdings Ltd. 16,000 41,686 Singapore Technologies Engineering Ltd. 12,000 21,931 StarHub Ltd. 24,000 34,603 ----------- Total Singapore 391,766 ----------- Spain - 4.3% Acciona S.A. 264 40,997 Acerinox S.A. 1,460 25,314 Antena 3 de Television, S.A. 2,596 59,284 Banco de Valencia S.A. 512 19,764 Banco Sabadell S.A. 2,112 73,859 Bankinter S.A. 508 32,738 Cintra Concesiones de Infraestructuras de Transporte, S.A. 1,544 20,177 Corporacion Financiera Alba, S.A. 384 21,265 Corporacion Mapfre S.A. 1,372 25,315 Ebro Puleva S.A. 1,024 21,015 Enagas 1,472 31,395 Fadesa Inmobiliaria S.A. 620 21,262 Fomento de Construcciones y Contratas S.A. 872 66,286 Gamesa Corp Tecnologica S.A. 1,004 21,516 Gestevision Telecinco S.A. 4,428 106,160 Indra Sistemas S.A. 1,048 20,569 Inmobiliaria Colonial, S.A. 324 25,727 Metrovacesa, S.A. 460 41,525 Promotora de Informaciones S.A. 1,224 19,641 See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Red Electrica de Espana 908 $ 31,336 Sacyr Vallehermoso, S.A. 1,324 44,236 Sociedad General de Aguas de Barcelona S.A. Class A 796 22,117 Telefonica Publicidad e Informacion S.A. 4,840 52,418 Zardoya-Otis S.A. 1,845 52,364 ----------- Total Spain 896,280 ----------- Sweden - 4.7% Alfa Laval AB 812 24,292 Assa Abloy AB Class B 2,436 40,919 Atlas Copco AB Class B 1,624 42,159 Electrolux AB Series B 3,248 46,893 Gambro AB Class A 1,624 25,588 Hexagon AB Class B 812 29,534 Holmen AB Class B 812 32,803 Industrivarden AB Class A 1,216 34,099 Investment AB Kinnevik Class B 1,624 19,952 Investor AB Class A 2,436 44,470 Investor AB Class B 3,248 59,518 Scania AB Class A 1,216 54,609 Scania AB Class B 1,216 55,200 Securitas AB Class B 2,436 46,668 Skanska AB Class B 4,872 75,074 SKF AB Class B 4,064 64,034 SSAB Svenskt Stal AB Series A 1,212 24,144 Svenska Cellulosa Aktiebolaget SCA Class B 2,028 83,756 Swedish Match AB 1,624 26,152 Tele2 AB Class B 2,436 24,602 Telefonaktiebolaget LM Ericsson Class A 8,124 26,841 Volvo AB Class A 2,028 97,691 ----------- Total Sweden 978,998 ----------- Switzerland - 2.1% Baloise Holding AG 388 29,757 Ciba Specialty Chemicals Holding Inc. 824 45,841 EMS-Chemie Holding AG 216 23,451 Givaudan S.A. 36 28,286 Julius Baer Holding Ltd. 284 24,621 Kuehne + Nagel International AG 432 31,386 Lonza Group AG 224 15,333 See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Nobel Biocare Holding AG 84 $ 19,903 Panalpina Welttransport Holding AG 116 10,767 Pargesa Holding S.A. 404 38,223 Phonak Holding AG 164 10,235 Schindler Holding AG 288 15,211 Schindler Holding AG Participating Shares 204 10,566 Serono S.A. 36 24,818 SGS S.A. 56 53,029 Straumann Holding AG 36 9,162 Swatch Group Ltd. (The) 320 11,154 Swatch Group Ltd. (The) Class B 80 13,486 Vontobel Holding AG 632 22,107 ----------- Total Switzerland 437,336 ----------- United Kingdom - 23.8% 3i Group PLC 6,988 116,516 Alliance & Leicester PLC 6,480 139,746 Amvescap PLC 12,472 114,242 Antofagasta PLC 15,760 121,842 Associated British Ports Holdings PLC 7,516 125,528 AWG PLC 5,232 115,929 Boots Group PLC 9,556 136,004 Brambles Industries PLC 13,824 109,943 Cable & Wireless PLC 54,628 116,193 Capita Group PLC 13,300 113,524 Carnival PLC 2,812 114,577 Carphone Warehouse Group PLC 17,928 105,279 Compass Group PLC 28,556 138,509 DSG International PLC 30,784 108,749 Enterprise Inns PLC 6,336 111,094 Friends Provident PLC 34,220 113,134 Gallaher Group PLC 7,864 122,904 Hammerson PLC 5,312 116,326 Hanson PLC 9,348 113,506 Hays PLC 37,176 92,824 Imperial Chemical Industries PLC 17,228 115,667 Intercontinental Hotels Group PLC 5,492 96,041 ITV PLC 56,488 112,836 J. Sainsbury PLC 18,560 114,826 Kelda Group PLC 7,768 109,982 Kingfisher PLC 34,068 150,280 See Notes to Schedule of Investments. 10 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL MIDCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Liberty International PLC 5,792 $ 114,089 Next PLC 3,612 109,027 Northern Rock PLC 6,008 111,121 Pearson PLC 9,464 128,918 Persimmon PLC 5,300 120,964 Rentokil Initial PLC 40,900 118,009 Reuters Group PLC 15,960 113,647 Royal & Sun Alliance Insurance Group 46,640 116,024 Scottish & Newcastle PLC 13,008 122,640 Severn Trent PLC 4,904 106,121 Smith & Nephew PLC 13,988 107,755 Smiths Group PLC 6,900 113,708 United Utilities PLC 19,028 225,765 Whitbread & Co. PLC 4,804 103,602 Whitbread & Co. PLC 5,652 16,203 WM Morrison Supermarkets PLC 29,760 107,058 Yell Group PLC 11,592 109,666 ----------- Total United Kingdom 4,990,318 ----------- TOTAL COMMON STOCKS (Cost: $19,805,717) 20,839,981 ----------- RIGHTS** - 0.0% Germany - 0.0% Linde AG , expiring on 7/10/06 724 2,796 ----------- Spain - 0.0% Zardoya-Otis S.A., expiring on 6/30/06 429 1,196 ----------- TOTAL RIGHTS (Cost: $0) 3,992 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.6% (Cost: $19,805,717)*** 20,843,973 ----------- Cash, Foreign Cash and Other Assets in Excess of Liabilities - 0.4% 86,388 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $20,930,361 ================================================================================ * 4,060 warrants attached, expiring on 7/18/07 with a cost of $0. ** Non-income producing security. ***Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 11 Portfolio Holdings by Sector WisdomTree International MidCap Dividend Fund June 30, 2006 (unaudited) Sector Breakdown* US $ Value % of Net Assets ------------------------------------------------------------------------------- Financials $ 5,412,938 25.9% Consumer Discretionary 4,122,445 19.7 Industrials 3,989,053 19.1 Materials 2,240,387 10.7 Consumer Staples 1,625,885 7.8 Utilities 1,452,042 6.9 Health Care 630,977 3.0 Telecommunication Services 509,473 2.4 Energy 467,650 2.2 Information Technology 393,123 1.9 Cash, Foreign Cash and Other Assets in Excess of Liabilities 86,388 0.4 ------- ------ $ 20,930,361 100.0% ============ ====== ---------- * A sector may comprise several industries. ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- COMMON STOCKS - 99.6% Australia - 17.2% ABB Grain Ltd. 9,748 $ 49,247 ABC Learning Centres Ltd. 10,592 50,364 Adelaide Bank Ltd. 5,768 55,624 Adelaide Brighton Ltd. 28,508 54,221 Alinta Ltd. 12,388 95,994 Ansell Ltd. 7,520 54,026 APN News & Media Ltd. 19,528 73,702 Austereo Group Ltd. 43,680 55,168 Australian Pipeline Trust 17,228 54,654 AWB Ltd. 27,452 88,312 Bank of Queensland Ltd. 5,332 55,460 Baycorp Advantage Ltd. 22,324 53,240 Bendigo Bank Ltd. 5,860 56,163 Boom Logistics Ltd. 16,436 54,340 Challenger Financial Services Group Ltd. 21,840 51,274 Coates Hire Ltd. 11,832 56,172 Corporate Express Australia Ltd. 11,640 51,715 Crane Group Ltd. 5,676 51,658 David Jones Ltd. 25,116 55,420 Downer EDI Ltd. 9,136 50,500 Energy Resources of Australia Ltd. 6,012 57,351 Excel Coal Ltd. 9,216 55,255 Flight Centre Ltd. 7,172 52,911 Futuris Corp., Ltd. 32,556 50,794 Galileo Shopping America Trust 63,344 55,297 Great Southern Plantations Ltd. 18,984 48,377 Gunns Ltd. 24,652 51,466 GWA International Ltd. 22,680 52,404 Hills Industries Ltd. 15,432 55,262 Iluka Resources Ltd. 10,916 53,121 Iress Market Technology Ltd. 12,452 53,657 See Notes to Schedule of Investments. 1 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Just Group Ltd. 20,636 $ 52,434 MFS Ltd. 17,144 50,694 Minara Resources Ltd. 31,832 57,468 Nufarm Ltd. 6,956 52,455 OneSteel Ltd. 22,900 69,245 Pacific Brands Ltd. 39,044 62,367 PaperlinX Ltd. 22,752 52,739 Peet & Co. Ltd. 17,748 53,403 Primary Health Care Ltd. 6,124 54,143 Ramsay Health Care Ltd. 7,208 51,463 Record Investments Ltd. 7,768 71,275 Rural Press Ltd. 6,688 52,869 Seek Ltd. 16,128 64,105 Seven Network Ltd. 8,560 51,513 SFE Corp., Ltd. 4,476 54,870 Sigma Pharmaceuticals Ltd. 28,572 55,192 Sims Group Ltd. 7,304 108,530 Smorgon Steel Group Ltd. 61,848 77,196 Southern Cross Broadcasting Australia Ltd. 6,416 50,051 Spotless Group Ltd. 14,664 52,294 STW Communications Group Ltd. 24,476 51,098 Sunland Group Ltd. 31,972 51,783 Symbion Health Ltd. 23,428 53,262 Ten Network Holdings Ltd. 30,060 58,959 Timbercorp Ltd. 18,152 54,214 Tishman Speyer Office Fund 31,268 50,875 Transfield Services Ltd. 9,400 60,060 UNiTAB Ltd. 5,308 58,207 United Group Ltd. 5,396 57,729 Washington H. Soul Pattinson & Co., Ltd. 8,552 50,766 West Australian Newspapers Holdings Ltd. 12,056 78,194 ----------- Total Australia 3,572,602 ----------- See Notes to Schedule of Investments. 2 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Austria - 0.4% Andritz AG 156 $ 25,780 AT&S Austria Technologie & Systemtechnik AG 364 7,321 Flughafen Wien AG 524 40,013 Schoeller-Bleckmann Oilfield Equipment AG 124 4,693 Semperit AG Holding 468 12,716 ----------- Total Austria 90,523 ----------- Belgium - 2.0% Barco N.V. 280 25,867 Compagnie Maritime Belge S.A. 4,024 116,849 Cumerio N.V./S.A. 708 14,177 Euronav N.V. 3,292 101,276 EVS Broadcast Equipment S.A. 300 14,807 Gimv N.V. 1,192 69,303 Melexis N.V. 1,228 20,993 Omega Pharma S.A. 168 11,729 Tessenderlo Chemie N.V. 972 34,564 ----------- Total Belgium 409,565 ----------- Denmark - 1.1% Amagerbanken A/S 100 6,248 Auriga Industries A/S Class B 400 9,702 Bang & Olufsen A/S Class B 160 17,690 D/S Torm A/S 2,612 124,472 FLSmidth & Co. A/S 604 22,778 NKT Holding A/S 400 24,993 Spar Nord Bank A/S 604 13,460 ----------- Total Denmark 219,343 ----------- Finland - 3.3% Amer Sports Oyj 1,604 33,492 Citycon Oyj 4,016 18,538 Finnair Oyj 1,604 24,919 Finnlines Oyj 1,204 23,323 See Notes to Schedule of Investments. 3 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Fiskars Oyj Abp Class A 1,808 $ 23,395 Hk-Ruokatalo Oyj Class A 1,808 21,985 Huhtamaki Oyj 2,212 39,286 KCI Konecranes Oyj 1,204 21,676 Kemira GrowHow Oyj 3,616 20,575 Kemira Oyj 2,812 46,203 Lassila & Tikanoja Oyj 804 16,634 M-real Oyj Class B 6,428 31,808 Nokian Renkaat Oyj 2,008 26,394 Orion Oyj Class B 3,216 63,862 Perlos Oyj 2,008 19,025 Poyry Oyj 2,008 21,567 Rakentajain Konevuokraam Class B 1,204 20,706 Ramirent Oyj 400 15,855 Rapala VMC Oyj 2,412 18,937 Sponda Oyj 4,016 41,081 Stockmann Oyj Abp Class B 804 32,630 Technopolis PLC 2,412 18,196 Uponor Oyj 2,412 65,229 Vaisala Oyj Class A 604 18,535 ----------- Total Finland 683,851 ----------- France - 2.2% Acanthe Developpement S.A. 5,460 27,158 Alain Afflelou S.A. 332 14,815 April Group 308 16,529 Bacou Dalloz 120 14,285 Canal Plus 3,788 37,489 CFF RECYCLING 384 13,994 Foncia Groupe 324 14,289 Generale de Sante 600 21,105 Groupe Steria SCA 260 13,713 Haulotte Group 528 15,157 Havas S.A. 8,232 41,998 See Notes to Schedule of Investments. 4 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Ingenico 628 $ 13,811 Kaufman & Broad S.A. 320 17,431 Manitou BF S.A. 780 36,154 Mercialys 492 14,658 Nexans S.A. 396 28,229 Provimi S.A. 208 6,888 Rallye S.A. 1,844 81,935 Trigano S.A. 268 14,221 Viel et Compagnie 2,548 14,726 ----------- Total France 458,585 ----------- Germany - 2.5% AWD Holding AG 1,356 45,462 BayWa AG 572 15,403 Comdirect Bank AG 3,120 30,160 DAB Bank AG 1,752 15,054 Deutsche Euroshop AG 492 34,223 Douglas Holding AG 848 39,165 ElringKlinger AG 308 15,103 IDS Scheer AG 768 15,142 Indus Holding AG 600 21,389 Kloeckner-Werke AG 3,200 48,486 Krones AG 120 15,034 Leoni AG 452 16,998 Medion AG 1,172 15,345 MPC Muenchmeyer Petersen Capital AG 564 41,770 MVV Energie AG 1,392 37,377 Norddeutsche Affinerie AG 1,428 34,948 Sixt AG 304 17,492 Software AG 424 22,055 Takkt AG 964 15,346 Vossloh AG 356 18,044 ----------- Total Germany 513,996 ----------- See Notes to Schedule of Investments. 5 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Hong Kong - 3.3% Beijing Enterprises Holdings Ltd. 8,040 $ 13,923 China National Aviation Co., Ltd. 24,120 8,385 China Power International Development Ltd. 68,336 25,075 China Travel International Investment Hong Kong Ltd. 168,828 40,647 CITIC International Financial Holdings Ltd. 108,532 61,134 Cross-Harbour Holdings Ltd. 20,104 15,789 Dah Sing Banking Group Ltd. 11,256 20,434 Dah Sing Financial Holdings Ltd. 1,604 11,751 Fountain Set (Holdings) Ltd. 40,196 13,714 Fubon Bank Ltd. 48,232 17,698 Guangzhou Investment Co., Ltd. 64,316 11,924 Hong Kong Aircraft Engineering Co. Ltd. 3,216 37,679 Hongkong & Shanghai Hotels (The) 16,076 17,800 Hung Hing Printing Group Ltd. 32,156 19,251 i-CABLE Communications Ltd. 72,352 16,116 Industrial & Commercial Bank of China Ltd. 40,196 59,256 Kowloon Development Co., Ltd. 16,076 26,907 Liu Chong Hing Bank Ltd. 12,060 23,369 Oriental Press Group Ltd. 112,548 22,460 Shanghai Industrial Holdings Ltd. 28,132 54,873 Shaw Brothers (Hong Kong) Ltd. 12,060 17,002 Shenzhen Investment Ltd. 40,196 10,868 Silver Grant International Industries Ltd. 32,156 8,591 Singamas Container Holdings Ltd. 16,076 11,177 Sun Hung Kai & Co., Ltd. 20,104 18,248 Tianjin Development Holdings Ltd. 8,040 4,943 Vitasoy International Holdings Ltd. 40,196 14,491 Wheelock Properties Ltd. 20,104 15,789 Wing Lung Bank Ltd. 6,836 58,969 ----------- Total Hong Kong 678,263 ----------- Ireland - 0.7% Abbey PLC 740 8,896 See Notes to Schedule of Investments. 6 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- DCC PLC 1,296 $ 31,121 FBD Holdings PLC 460 21,469 Fyffes PLC 14,100 24,905 Glanbia PLC 5,076 14,733 Greencore Group PLC 5,092 23,814 McInerney Holdings PLC 500 7,061 United Drug PLC 2,500 10,681 ----------- Total Ireland 142,680 ----------- Italy - 3.2% Aedes SpA 3,080 20,302 AEM Torino SpA 8,008 20,663 Astaldi SpA 3,328 19,947 Autostrada Torino-Milano SpA 2,416 49,397 Azimut Holding SpA 2,016 21,009 Banca Intermobiliare SpA 3,548 38,924 Banca Popolare dell'Etruria e del Lazio 1,124 21,371 Banca Popolare di Intra 1,276 19,399 Banco di Desio e della Brianza SpA 2,528 20,332 Beni Stabili SpA 30,360 30,881 Caltagirone Editore SpA 2,800 23,755 Caltagirone SpA 1,840 21,033 Cam Finanziara SpA 8,936 19,836 Cementir SpA 3,052 22,498 Cofide SpA 15,260 19,824 Cremonini SpA 11,800 31,610 Gewiss SpA 2,548 20,330 IMMSI SpA 7,104 19,938 Indesit Co., SpA 3,044 33,415 Interpump SpA 2,392 20,951 Piccolo Credito Valtellinese Scarl 2,560 35,352 Premafin Finanziaria SpA 7,816 21,762 Recordati SpA 3,424 24,999 Risanamento SpA 3,196 24,376 See Notes to Schedule of Investments. 7 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Societa Iniziative Autostradali e Servizi SpA 3,860 $ 48,640 Sogefi SpA 3,092 21,626 ----------- Total Italy 672,170 ----------- Japan - 18.8% ABC-Mart, Inc. 1,200 25,351 ADEKA Corp. 2,000 25,648 Aichi Steel Corp. 4,000 28,483 Air Water, Inc. 4,000 40,345 AOC Holdings, Inc. 1,600 27,461 Asatsu-DK , Inc. 800 25,893 Awa Bank Ltd. (The) 4,000 25,089 Calsonic Kansei Corp. 4,000 25,543 Central Glass Co., Ltd. 4,000 23,829 Circle K Sunkus Co., Ltd. 1,200 25,981 Coca-Cola West Japan Co., Ltd. 1,200 25,456 COMSYS Holdings Corp. 4,000 49,407 Daifuku Co., Ltd. 2,000 33,032 Daio Paper Corp. 4,000 39,645 Daishi Bank Ltd. (The) 4,000 17,845 Diamond City Co., Ltd. 800 31,632 Disco Corp. 400 22,464 Don Quijote Co., Ltd. 1,200 27,188 Ebara Corp. 8,000 34,151 Exedy Corp. 800 25,194 Ezaki Glico Co., Ltd. 4,000 41,394 Fuji Fire & Marine Insurance Co., Ltd. (The) 8,000 33,102 Futaba Corp. 800 20,540 Futaba Industrial Co., Ltd. 1,200 27,713 Gigas K's Denki Corp. 800 20,365 Goldcrest Co., Ltd. 480 23,556 Goodwill Group, Inc. (The) 32 23,654 Gunze Ltd. 4,000 23,864 Hankyu Department Stores, Inc. 4,000 31,072 See Notes to Schedule of Investments. 8 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Heiwa Corp. 1,600 $ 22,226 Higo Bank Ltd. (The) 4,000 29,637 Hitachi Cable Ltd. 4,000 18,545 Hitachi Koki Co., Ltd. 4,000 61,059 Hitachi Maxell Ltd. 2,000 27,590 Hokkoku Bank Ltd. (The) 4,000 17,740 Horiba Ltd. 800 26,453 House Foods Corp. 1,600 24,214 Hyakugo Bank Ltd. (The) 4,000 26,733 Hyakujushi Bank Ltd. (The) 4,000 25,963 Jaccs Co., Ltd. 4,000 41,464 Japan Aviation Electronics Industry Ltd. 4,000 56,126 Kagoshima Bank Ltd. (The) 4,000 29,567 Kandenko Co., Ltd. 4,000 29,742 Katokichi Co., Ltd. 2,800 28,168 Keihin Corp. 1,200 25,771 Keisei Electric Railway Co., Ltd. 4,000 22,604 Keiyo Bank Ltd. (The) 4,000 22,674 Kobayashi Pharmaceutical Co., Ltd. 800 32,752 Koei Co., Ltd. 1,200 21,415 Komeri Co., Ltd. 800 25,334 Komori Corp. 4,000 85,203 Kose Corp. 800 25,194 Kyowa Exeo Corp. 4,000 51,717 Lintec Corp. 800 20,960 Lion Corp. 4,000 25,963 Makino Milling Machine Co., Ltd. 4,000 44,404 Meiji Dairies Corp. 4,000 27,958 Meiji Seika Kaisha Ltd. 4,000 20,400 Meitec Corp. 800 26,103 MISUMI Group, Inc. 1,600 29,952 Musashino Bank Ltd. (The) 400 21,135 Nabtesco Corp. 4,000 44,824 Nachi-Fujikoshi Corp. 4,000 22,569 See Notes to Schedule of Investments. 9 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Nagase & Co., Ltd. 4,000 $ 52,941 Nichirei Corp. 4,000 21,415 Nihon Unisys Ltd. 1,600 26,565 Nippon Kayaku Co., Ltd. 4,000 33,346 Nippon Light Metal Co., Ltd. 8,000 21,904 Nippon Paint Co., Ltd. 4,000 18,965 Nippon Suisan Kaisha Ltd. 4,800 24,270 Nishimatsuya Chain Co., Ltd. 1,600 31,002 Nishi-Nippon Railroad Co., Ltd. 8,000 30,652 Nissan Diesel Motor Co., Ltd. 4,000 20,365 Nissha Printing Co., Ltd. 800 29,882 Obic Co., Ltd. 120 24,291 Ogaki Kyoritsu Bank Ltd. (The) 4,000 18,370 Oki Electric Industry Co., Ltd. 12,000 28,343 Okumura Corp. 4,000 22,254 OSG Corp. 1,600 26,971 PanaHome Corp. 4,000 30,197 Paris Miki, Inc. 1,200 25,036 Plenus Co., Ltd. 800 27,293 Point, Inc. 400 22,604 QP Corp. 2,800 26,625 Rengo Co., Ltd. 4,000 30,267 Rinnai Corp. 800 21,205 Sagami Railway Co., Ltd. 8,000 27,153 Saibu Gas Co., Ltd. 12,000 26,348 San-In Godo Bank Ltd. (The) 4,000 38,035 Sanken Electric Co., Ltd. 4,000 50,947 Sankyu, Inc. 4,000 22,464 Sanwa Shutter Corp. 4,000 23,584 Sanyo Shinpan Finance Co., Ltd. 480 24,438 Sanyo Special Steel Co., Ltd. 4,000 32,822 Sapporo Holdings Ltd. 4,000 20,260 Shiga Bank Ltd. (The) 4,000 25,788 Shimachu Co., Ltd. 800 20,925 See Notes to Schedule of Investments. 10 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Shimadzu Corp. 4,000 $ 28,378 Shin-Etsu Polymer Co., Ltd. 2,000 28,868 Showa Corp. 1,600 26,747 Sohgo Security Services Co., Ltd. 1,200 22,674 Sumitomo Osaka Cement Co., Ltd. 8,000 24,634 Sumitomo Real Estate Sales Co., Ltd. 360 27,366 Sumitomo Warehouse Co., Ltd. (The) 4,000 29,567 Sundrug Co., Ltd. 1,200 29,497 Sysmex Corp. 800 36,951 Taiyo Yuden Co., Ltd. 4,000 50,842 Toda Corp. 4,000 19,350 Tokai Carbon Co., Ltd. 4,000 22,429 Tokai Rubber Industries, Inc. 1,600 24,494 Tokai Tokyo Securities Co., Ltd. 4,000 23,444 Tokyo Dome Corp. 4,000 24,809 Tokyo Ohka Kogyo Co., Ltd. 800 20,470 Tokyo Style Co., Ltd. 4,000 47,623 Tokyo Tomin Bank Ltd. (The) 800 34,081 Toppan Forms Co., Ltd. 2,000 25,491 Toshiba Machine Co., Ltd. 4,000 45,278 Toshiba TEC Corp. 4,000 19,840 Toyo Ink Manufacturing Co., Ltd. 4,000 16,761 Toyo Suisan Kaisha Ltd. 4,000 62,704 Toyobo Co., Ltd. 8,000 22,674 Toyota Auto Body Co., Ltd. 1,600 27,083 Tsubakimoto Chain Co. 4,000 26,173 Tsumura & Co. 4,000 114,071 UFJ Central Leasing Co., Ltd. 400 20,155 Ulvac, Inc. 800 27,363 Union Tool Co. 400 20,260 Xebio Co., Ltd. 800 27,363 Yamatake Corp. 1,200 29,183 Yamato Kogyo Co., Ltd. 1,200 26,873 Yamazaki Baking Co., Ltd. 4,000 35,866 See Notes to Schedule of Investments. 11 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Yokohama Rubber Co., Ltd. (The) 4,000 $ 17,705 York-Benimaru Co., Ltd. 800 22,884 ----------- Total Japan 3,924,534 ----------- Netherlands - 3.1% Aalberts Industries N.V. 280 20,568 Arcadis N.V. 428 20,282 Binck N.V. 1,192 20,774 Boskalis Westminster 456 30,932 Eurocommercial Properties N.V. 1,480 56,696 Getronics N.V. 1,676 18,023 Heijmans N.V. 684 33,934 Imtech N.V. 576 27,840 Koninklijke Wessanen N.V. 3,220 43,808 Macintosh Retail Group N.V. 604 20,142 Nieuwe Steen Investments Funds N.V. 1,924 51,663 Nutreco Holding N.V. 340 21,781 OCE N.V. 3,192 46,855 Stork N.V. 684 36,602 Telegraaf Media Groep N.V. 824 22,273 Univar N.V. 468 22,171 VastNed Offices/Industrial N.V. 964 33,897 Vastned Retail N.V. 532 43,195 Wegener N.V. 1,128 16,803 Wereldhave N.V. 648 63,012 ----------- Total Netherlands 651,251 ----------- New Zealand - 2.5% Air New Zealand Ltd. 46,288 33,326 Auckland International Airport Ltd. 55,476 73,452 CanWest MediaWorks NZ Ltd. 18,032 15,843 Fisher & Paykel Appliances Holdings Ltd. 12,652 35,587 Fisher & Paykel Healthcare Corp. 14,740 38,762 Freightways Ltd. 7,780 17,564 See Notes to Schedule of Investments. 12 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Infratil Ltd. 7,168 $ 17,932 Mainfreight Ltd. 5,352 18,124 New Zealand Refining Co., Ltd. (The) 13,332 53,688 Nuplex Industries Ltd. 4,480 17,330 PGG Wrightson Ltd. 13,944 18,888 Port of Tauranga Ltd. 5,796 18,920 Pumpkin Patch Ltd. 7,084 18,716 Sanford Ltd. 5,688 17,353 Sky City Entertainment Group Ltd. 21,856 72,011 Steel & Tube Holdings Ltd. 6,972 19,781 Vector Ltd. 25,832 38,458 ----------- Total New Zealand 525,735 ----------- Norway - 1.8% ABG Sundal Collier ASA 24,120 36,746 Acta Holding ASA 18,088 57,555 Aker Yards AS 644 45,330 Aktiv Kapital ASA 1,204 21,090 Camillo Eitzen & Co. A/S 1,324 13,192 Ekornes ASA 1,808 35,012 Expert ASA 804 10,983 Hafslund ASA Class B 804 11,887 ProSafe ASA 400 24,427 Schibsted ASA 1,004 26,784 Solstad Offshore ASA 804 15,246 Sparebanken Midt-Norge 2,812 33,780 Tomra Systems ASA 1,604 13,017 Veidekke ASA 1,004 33,399 ----------- Total Norway 378,448 ----------- Portugal 0.9% Corticeira Amorim S.A. 2,768 7,043 Finibanco Holding SGPS S.A. 1,968 5,536 Jeronimo Martins 3,056 52,166 See Notes to Schedule of Investments. 13 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Mota-Engil SGPS S.A. 3,696 $ 19,518 Portucel-Empresa Produtora De Pasta E Papel S.A. 14,728 41,053 SAG Gest-Solucoes Automovel Globais SGPS, S.A. 9,572 22,398 SEMAPA-Sociedade de Investimento e Gestao SGPS, S.A. 4,748 50,086 ----------- Total Portugal 197,800 ----------- Singapore - 6.4% Ascendas REIT 52,000 63,136 CapitaCommercial Trust 32,000 33,592 CapitaMall Trust 48,000 64,350 ComfortDelgro Corp., Ltd. 64,000 61,922 Cosco Corp. Singapore Ltd. 52,000 41,433 Creative Technology Ltd. 7,600 42,293 Fortune REIT 20,000 15,450 Guocoland Ltd. 24,000 36,728 Haw Par Corp., Ltd. 12,000 43,254 Hi-P International Ltd. 64,000 33,592 Jardine Cycle & Carriage Ltd. 8,000 50,590 Jaya Holdings Ltd. 48,000 40,674 Keppel Land Ltd. 16,000 40,876 Labroy Marine Ltd. 52,000 44,392 MFS Technology Ltd. 52,000 37,487 MobileOne Ltd. 48,000 62,832 Overseas Union Enterprise Ltd. 8,000 51,096 Parkway Holdings Ltd. 28,000 43,735 Raffles Holdings Ltd. 88,000 38,676 Singapore Airport Terminal Services Ltd. 36,000 48,490 Singapore Land Ltd. 8,000 31,872 Singapore Petroleum Co., Ltd. 12,000 38,322 Singapore Post Ltd. 88,000 60,100 SMRT Corp., Ltd. 68,000 48,161 Suntec REIT 52,000 40,775 United Industrial Corp., Ltd. 40,000 37,436 UOL Group Ltd. 20,000 36,172 See Notes to Schedule of Investments. 14 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Venture Corp., Ltd. 4,000 $ 26,812 Want Want Holdings Ltd. 32,000 43,200 WBL Corp., Ltd. 12,000 40,978 Wheelock Properties (Singapore) Ltd. 44,000 40,067 ----------- Total Singapore 1,338,493 ----------- Spain - 0.7% Campofrio Alimentacion S.A. 1,552 27,088 Dinamia Capital Privado S.C.R., S.A. 268 6,871 Europistas, Concesionaria Espanola S.A. 2,388 15,542 FAES FARMA S.A. 592 14,201 Grupo Duro Felguera S.A. 936 4,943 Grupo Empresarial Ence S.A. 552 21,153 Miquel y Costas & Miquel, S.A. 156 4,588 Obrascon Huarte Lain, S.A. 748 14,002 Prosegur Cia de Seguridad S.A. 776 19,348 Tubacex, S.A. 852 5,087 Tubos Reunidos, S.A. 464 7,102 ----------- Total Spain 139,925 ----------- Sweden - 5.2% Axfood AB 2,008 57,702 Cardo AB 804 26,229 Castellum AB 5,220 53,443 Clas Ohlson AB Class B 1,604 33,401 D. Carnegie & Co. AB 3,616 66,262 Eniro AB 4,016 42,231 Fabege AB 4,420 82,222 Hoganas AB Class B 1,204 29,918 Hufvudstaden AB Class A 4,016 30,802 Industrivarden AB Class C 1,604 42,196 Intrum Justitia AB 3,216 31,921 JM AB 1,600 25,432 Kungsleden AB 5,220 61,233 See Notes to Schedule of Investments. 15 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Lundbergforetagen AB Class B 604 $ 31,276 Meda AB Class A 1,604 33,401 Munters AB 1,004 33,520 NCC AB Class B 1,604 38,745 Nibe Industrier AB Class B 3,216 33,707 Nobia AB 1,204 39,111 Oresund Investment AB 2,008 40,698 Peab AB 1,604 26,053 Ratos AB Class B 4,016 58,817 SSAB Svenskt Stal AB Series B 2,412 45,538 Trelleborg AB Class B 2,412 41,185 Wallenstam Byggnads AB Class B 2,412 32,982 WM-data AB Class B 12,060 37,167 ----------- Total Sweden 1,075,192 ----------- Switzerland - 0.1% Ascom Holding AG 436 4,556 Converium Holding AG 772 8,413 Kudelski S.A. 368 8,877 Swiss Steel AG 160 7,837 ----------- Total Switzerland 29,683 ----------- United Kingdom - 24.2% Davis Service Group PLC 7,272 63,450 Aberdeen Asset Management PLC 22,008 62,075 Aero Inventory PLC 1,136 6,366 Aggreko PLC 12,996 69,046 Arriva PLC 6,308 69,593 Atkins WS PLC 4,160 64,054 Babcock International Group PLC 10,388 63,403 Body Shop International PLC 10,648 58,984 Bodycote International PLC 13,252 62,072 Bovis Homes Group PLC 4,136 61,427 Brit Insurance Holdings PLC 20,220 98,543 See Notes to Schedule of Investments. 16 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Burren Energy PLC 4,384 $ 70,705 Capital & Regional PLC 3,320 62,111 Carillion PLC 10,988 63,814 Carpetright PLC 2,752 64,541 Cattles PLC 12,652 77,046 Crest Nicholson PLC 6,604 62,324 Croda International PLC 7,692 61,708 Dairy Crest Group PLC 7,080 65,932 De La Rue PLC 6,152 62,183 De Vere Group PLC 4,084 65,414 Derwent Valley Holdings PLC 2,332 67,630 DS Smith PLC 21,564 59,826 Electrocomponents PLC 27,636 118,457 F&C Asset Management PLC 22,476 78,984 Filtrona PLC 10,968 59,032 Findel PLC 5,884 61,651 First Choice Holidays PLC 14,684 62,126 FKI PLC 29,652 58,682 Forth Ports PLC 1,932 65,535 Go-Ahead Group PLC 1,896 68,943 Great Portland Estates PLC 7,092 65,585 Greene King PLC 4,344 66,083 Halfords Group PLC 11,084 61,091 Halma PLC 17,892 65,440 Hiscox PLC 15,724 60,637 HMV Group PLC 19,820 63,052 Homeserve PLC 2,204 63,184 Intermediate Capital Group PLC 2,680 66,768 Intertek Group PLC 4,840 62,663 Jardine Lloyd Thompson Group PLC 10,468 72,023 J D Wetherspoon PLC 8,124 64,498 Laird Group PLC 8,724 62,928 London Merchant Securities 13,404 49,831 Matalan PLC 18,820 58,826 McCarthy & Stone PLC 3,852 65,438 See Notes to Schedule of Investments. 17 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- Millennium & Copthorne Hotels PLC 8,156 $ 65,318 Misys PLC 17,428 69,303 N Brown Group PLC 15,364 60,811 Northern Foods PLC 41,132 60,480 Northgate PLC 3,308 63,998 Paragon Group of Cos. (The) PLC 4,948 59,851 Pendragon PLC 6,064 67,014 Premier Farnell PLC 18,876 61,882 Premier Foods PLC 11,112 62,736 PZ Cussons PLC 2,232 57,258 Quintain Estates & Development PLC 5,480 65,476 Redrow PLC 7,388 68,015 Renishaw PLC 3,852 60,914 Savills PLC 6,100 65,719 Schroders PLC 3,500 60,721 SIG PLC 3,952 64,323 Songbird Estates PLC Class B 24,632 96,355 Spectris PLC 5,764 65,297 Spirax-Sarco Engineering PLC 3,848 64,659 SSL International PLC 11,588 63,708 Stagecoach Group PLC 33,480 71,366 Taylor Nelson Sofres PLC 14,132 60,901 Topps Tiles PLC 14,960 61,426 Ultra Electronics Holdings PLC 3,452 61,803 Victrex PLC 4,368 62,207 Virgin Mobile Holdings UK PLC 7,908 54,263 Viridian Group PLC 4,424 78,265 VT Group PLC 6,916 62,295 Weir Group (The) PLC 7,860 62,947 WH Smith PLC 7,464 67,231 Wolverhampton & Dudley Brew PLC 2,580 61,414 Woolworths Group PLC 101,764 59,289 ----------- Total United Kingdom 5,050,949 ----------- Total Common Stocks (Cost: $19,839,557) 20,753,588 =========== See Notes to Schedule of Investments. 18 ================================================================================ Schedule of Investments (unaudited) WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND June 30, 2006 -------------------------------------------------------------------------------- Investments Shares US $ Value -------------------------------------------------------------------------------- SHORT-TERM INVESTMENT - 0.1% MONEY MARKET FUND - 0.1% United States - 0.1% Columbia Cash Reserves Fund, 4.71%* (Cost: $26,376) 26,376 $ 26,376 ----------- TOTAL INVESTMENTS IN SECURITIES - 99.7% (Cost: $19,865,933)** 20,779,964 =========== Cash, Foreign Cash and Other Assets in Excess of Liabilities - 0.3% 58,003 -------------------------------------------------------------------------------- NET ASSETS - 100.0% $20,837,967 ================================================================================ * Rate shown represents annualized 7-day yield as of June 30, 2006. **Aggregate cost for Federal income tax purposes is substantially the same. See Notes to Schedule of Investments. 19 Portfolio Holdings by Sector WisdomTree International SmallCap Dividend Fund June 30, 2006 (unaudited) Sector Breakdown* US $ Value % of Net Assets ------------------------------------------------------------------------------- Industrials $ 5,024,519 24.1% Financials 4,701,525 22.6 Consumer Discretionary 4,166,693 20.0 Materials 1,953,273 9.4 Consumer Staples 1,578,501 7.5 Information Technology 1,485,236 7.1 Health Care 745,290 3.6 Energy 592,733 2.8 Utilities 388,722 1.9 Telecommunication Services 117,096 0.6 Short-Term Investment 26,376 0.1 Cash, Foreign Cash and Other Assets in Excess of Liabilities 58,003 0.3 ----------- ----- $20,837,967 100.0% =========== ====== ---------- * A sector may comprise several industries. Notes to Schedule of Investments (unaudited) 1. ORGANIZATION WisdomTree Trust (the "Trust") is an open-end, non-diversified management investment company, registered under the Investment Company Act of 1940, as amended (the "1940 Act"). The Trust was established as a Delaware statutory trust pursuant to a Trust Instrument dated December 15, 2005. The Trust currently consists of the following twenty funds (separately, a "Fund" and collectively, the "Funds"): WisdomTree Total Dividend Fund ("Total Dividend Fund"), WisdomTree High-Yielding Equity Fund ("High-Yielding Equity Fund"), WisdomTree LargeCap Dividend Fund ("LargeCap Dividend Fund"),WisdomTree Dividend Top 100 Fund ("Dividend Top 100 Fund"), WisdomTree MidCap Dividend Fund ("MidCap Dividend Fund"), WisdomTree SmallCap Dividend Fund ("SmallCap Dividend Fund"), WisdomTree DIEFA Fund ("DIEFA Fund"), WisdomTree DIEFA High-Yielding Equity Fund ("DIEFA High-Yielding Equity Fund"), WisdomTree Europe Total Dividend Fund ("Europe Total Dividend Fund"), WisdomTree Europe High-Yielding Equity Fund ("Europe High-Yielding Equity Fund"), WisdomTree Europe SmallCap Dividend Fund ("Europe SmallCap Dividend Fund"), WisdomTree Japan Total Dividend Fund ("Japan Total Dividend Fund"), WisdomTree Japan High-Yielding Equity Fund ("Japan High-Yielding Equity 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 High-Yielding Equity Fund ("Pacific ex-Japan High-Yielding Equity Fund"), WisdomTree International LargeCap Dividend Fund ("International LargeCap Dividend Fund"), WisdomTree International Dividend Top 100 Fund ("International Dividend Top 100 Fund"), WisdomTree International MidCap Dividend Fund ("International MidCap Dividend Fund") and WisdomTree International SmallCap Dividend Fund ("International SmallCap Dividend Fund"). The Funds commenced investment operations on June 16, 2006. 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. Each Index consists of dividend paying securities in the market suggested by its name that meet specific criteria developed by WisdomTree Investments. "WisdomTree", "High-Yielding Equity", "Dividend Top 100", "WisdomTree DIEFA", and "International Dividend Top 100" are service marks of WisdomTree Investments and have been licensed for use by the Trust. WisdomTree Investments has patent applications pending on the methodology and operation of its Indexes and the Funds. 2. SIGNIFICANT ACCOUNTING POLICIES (a) Investment Valuation-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 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 Fund may rely on an independent fair valuation service in adjusting the valuations of foreign securities. Unlisted equity securities are valued at last quoted sale price or, if no sale price is available, at the mean between the most recently quoted bid and asked prices. Securities for which market quotations are not readily available are valued at fair value as determined by management and approved in good faith 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 current market value. (b) Security Transactions-Security transactions are recorded as of the date that the securities are purchased or sold (trade date). (c) 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. (d) 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 Notes to Schedule of Investments (unaudited) (concluded) 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. 3. FEDERAL TAX INFORMATION At June 30, 2006, the aggregate unrealized appreciation and depreciation of investments based on cost for Federal income tax purposes were substantially the same as the amounts indicated below:
Gross Gross Net Unrealized Unrealized Unrealized Fund Tax Cost Appreciation Depreciation Appreciation ---------------------------------------------------------------------------------------------------------- Total Dividend Fund $24,713,802 $ 961,180 $ (92,414) $ 868,766 ---------------------------------------------------------------------------------------------------------- High-Yielding Equity Fund 24,714,961 748,254 (96,994) 651,260 ---------------------------------------------------------------------------------------------------------- LargeCap Dividend Fund 14,971,519 423,555 (49,221) 374,334 ---------------------------------------------------------------------------------------------------------- Dividend Top 100 Fund 7,423,571 255,991 (28,301) 227,690 ---------------------------------------------------------------------------------------------------------- MidCap Dividend Fund 7,402,131 305,548 (30,633) 274,915 ---------------------------------------------------------------------------------------------------------- SmallCap Dividend Fund 7,432,866 373,880 (60,163) 313,717 ---------------------------------------------------------------------------------------------------------- DIEFA Fund 24,352,399 1,828,214 (21,259) 1,806,955 ---------------------------------------------------------------------------------------------------------- DIEFA High-Yielding Equity Fund 19,554,613 1,214,351 (19,421) 1,194,930 ---------------------------------------------------------------------------------------------------------- Europe Total Dividend Fund 14,655,699 1,111,228 (6,872) 1,104,356 ---------------------------------------------------------------------------------------------------------- Europe High-Yielding Equity Fund 14,675,535 918,870 (3,785) 915,085 ---------------------------------------------------------------------------------------------------------- Europe SmallCap Dividend Fund 20,008,654 1,046,831 (53,705) 993,126 ---------------------------------------------------------------------------------------------------------- Japan Total Dividend Fund 19,750,420 1,208,325 (18,912) 1,189,413 ---------------------------------------------------------------------------------------------------------- Japan High-Yielding Equity Fund 19,784,966 998,679 (15,036) 983,643 ---------------------------------------------------------------------------------------------------------- Japan SmallCap Dividend Fund 9,656,973 716,251 (18,693) 697,558 ---------------------------------------------------------------------------------------------------------- Pacific ex-Japan Total Dividend Fund 19,423,484 1,095,617 (77,930) 1,017,687 ---------------------------------------------------------------------------------------------------------- Pacific ex-Japan High-Yielding Equity Fund 19,497,445 607,567 (186,196) 421,371 ---------------------------------------------------------------------------------------------------------- International LargeCap Dividend Fund 19,798,474 1,134,633 (2,159) 1,132,474 ---------------------------------------------------------------------------------------------------------- International Dividend Top 100 Fund 19,795,427 1,029,482 (4,727) 1,024,755 ---------------------------------------------------------------------------------------------------------- International MidCap Dividend Fund 19,805,717 1,095,948 (57,692) 1,038,256 ---------------------------------------------------------------------------------------------------------- International SmallCap Dividend Fund 19,865,933 981,627 (67,596) 914,031 ----------------------------------------------------------------------------------------------------------
Item 2. Controls and Procedures. (a) Based on their evaluation of the Registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) as of a date within 90 days prior to the filing date of this report, the Chief Executive Officer and Chief Financial Officer 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, including its consolidated subsidiaries, is made known to them by others within those entities. (b) There were no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the Registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting. Item 3: Exhibits. (i) Certification of each principal executive officer and principal financial officer of the Registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2) is attached hereto as a part of EX-99.CERT. 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. (Registrant) WisdomTree Trust ---------------------------------------------------------------- By: /s/ Jonathan L. Steinberg ---------------------------------------------------------------------------- Jonathan L. Steinberg President Date: August 22, 2006 -------------------------------------------------------------------------- By: /s/ Marc J. Ruskin ---------------------------------------------------------------------------- Marc J. Ruskin Treasurer Date: August 22, 2006 -------------------------------------------------------------------------- Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated. By: /s/ Jonathan L. Steinberg ---------------------------------------------------------------------------- Jonathan L. Steinberg President Date: August 22, 2006 -------------------------------------------------------------------------- By: /s/ Marc J. Ruskin ---------------------------------------------------------------------------- Marc J. Ruskin Treasurer Date: August 22, 2006 --------------------------------------------------------------------------