N-Q 1 v084037_nq.txt 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, Suite 1100 New York, NY 10005 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) The Corporation Trust Company 1209 Orange Street Wilmington, DE 19801 -------------------------------------------------------------------------------- (Name and address of agent for service) -------------------------------------------------------------------------------- Registrant's telephone number, including area code: (866) 909-9473 -------------- Date of fiscal year end: March 31 -------- Date of reporting period: June 30, 2007 ------------- 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, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.7% Advertising--0.1% Harte-Hanks, Inc. 744 $ 19,106 Omnicom Group, Inc. 1,272 67,314 ------------- Total Advertising 86,420 ------------- Aerospace/Defense--1.6% Boeing Co. (The) 3,513 337,810 DRS Technologies, Inc. 424 24,282 General Dynamics Corp. 1,801 140,874 Goodrich Corp. 682 40,620 L-3 Communications Holdings, Inc. 341 33,210 Lockheed Martin Corp. 2,133 200,779 Northrop Grumman Corp. 1,975 153,793 Raytheon Co. 2,919 157,305 Rockwell Collins, Inc. 465 32,848 United Technologies Corp. 5,461 387,349 ------------- Total Aerospace/Defense 1,508,870 ------------- Agriculture--2.8% Altria Group, Inc. 29,031 2,036,234 Loews Corp. 930 71,861 Reynolds American, Inc. 4,526 295,095 Universal Corp. 466 28,389 UST, Inc. 2,110 113,328 Vector Group Ltd. 1,718 38,706 ------------- Total Agriculture 2,583,613 ------------- Airlines--0.0% Southwest Airlines Co. 1,295 19,308 ------------- Apparel--0.3% Columbia Sportswear Co. 351 24,107 Jones Apparel Group, Inc. 589 16,639 Liz Claiborne, Inc. 527 19,657 NIKE, Inc. Class B 1,736 101,191 Phillips-Van Heusen Corp. 436 26,409 Polo Ralph Lauren Corp. 341 33,456 VF Corp. 1,014 92,862 ------------- Total Apparel 314,321 ------------- Auto Manufacturers--0.4% General Motors Corp. 6,500 245,701 Oshkosh Truck Corp. 372 23,406 Paccar, Inc. 962 83,732 ------------- Total Auto Manufacturers 352,839 ------------- Auto Parts & Equipment--0.2% BorgWarner, Inc. 472 40,611 Johnson Controls, Inc. 1,130 130,820 ------------- Total Auto Parts & Equipment 171,431 ------------- Banks--11.6% Alabama National BanCorp. 373 23,066 Associated Banc-Corp 1,333 43,589 BancorpSouth, Inc. 775 18,957 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Bank of America Corp. 63,271 $ 3,093,318 Bank of Hawaii Corp. 434 22,412 Bank of New York Co., Inc. (The) 6,101 252,825 BB&T Corp. 6,933 282,034 BOK Financial Corp. 801 42,789 Boston Private Financial Holdings, Inc. 651 17,492 Capital One Financial Corp. 363 28,474 Cathay General Bancorp 527 17,676 Central Pacific Financial Corp. 992 32,746 Chittenden Corp. 1,230 42,989 Citizens Banking Corp. 1,792 32,794 City National Corp. 310 23,588 Colonial BancGroup, Inc. (The) 1,302 32,511 Comerica, Inc. 2,080 123,698 Commerce Bancshares, Inc. 426 19,298 Compass Bancshares, Inc. 1,209 83,397 Cullen/Frost Bankers, Inc. 810 43,311 East West Bancorp, Inc. 496 19,284 Fifth Third Bancorp 7,518 298,991 First Citizens BancShares, Inc. Class A 93 18,079 First Community Bancorp 481 27,518 First Horizon National Corp. 1,677 65,403 First Midwest Bancorp, Inc. 527 18,714 First Republic Bank 434 23,288 FirstMerit Corp. 1,116 23,358 FNB Corp./PA 1,760 29,462 Frontier Financial Corp. 837 18,858 Fulton Financial Corp. 1,832 26,417 Glacier Bancorp, Inc. 1,273 25,906 Greater Bay Bancorp 890 24,778 Huntington Bancshares, Inc. 3,205 72,882 International Bancshares Corp. 1,390 35,612 KeyCorp 5,067 173,950 M&T Bank Corp. 690 73,761 Marshall & Ilsley Corp. 1,975 94,069 MB Financial, Inc. 701 24,353 Mellon Financial Corp. 2,888 127,072 National City Corp. 8,622 287,285 Northern Trust Corp. 1,178 75,675 Old National Bancorp 2,910 48,335 Pacific Capital Bancorp 558 15,055 Park National Corp. 186 15,771 People's United Financial, Inc. 2,473 43,846 PNC Financial Services Group, Inc. (The) 3,408 243,945 Prosperity Bancshares, Inc. 589 19,296 Provident Bankshares Corp. 527 17,275 South Financial Group, Inc. (The) 2,058 46,593 State Street Corp. 1,302 89,057 Sterling Financial Corp./WA 651 18,840 SunTrust Banks, Inc. 3,476 298,032 Susquehanna Bancshares, Inc. 837 18,724 Synovus Financial Corp. 2,793 85,745 TCF Financial Corp. 1,476 41,033 Trustmark Corp. 620 16,033 U.S. Bancorp 23,388 770,634 UCBH Holdings, Inc. 1,085 19,823 UMB Financial Corp. 589 21,716 Umpqua Holdings Corp. 1,164 27,366 UnionBanCal Corp. 1,515 90,446 United Bankshares, Inc. 676 21,497 United Community Banks, Inc. 939 24,311 Valley National Bancorp 1,302 29,282 Wachovia Corp. 28,190 1,444,737 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Webster Financial Corp. 824 $ 35,160 Wells Fargo & Co. 36,380 1,279,484 Westamerica Bancorp 403 17,829 Whitney Holding Corp. 1,811 54,511 Wilmington Trust Corp. 589 24,449 Wintrust Financial Corp. 372 16,312 Zions Bancorp 721 55,452 ------------- Total Banks 10,812,268 ------------- Beverages--2.5% Anheuser-Busch Cos., Inc. 7,261 378,734 Brown-Forman Corp. Class A 248 18,816 Coca-Cola Co. (The) 21,044 1,100,811 Coca-Cola Enterprises, Inc. 1,739 41,736 Molson Coors Brewing Co. Class B 372 34,395 Pepsi Bottling Group, Inc. 1,054 35,499 PepsiAmericas, Inc. 1,419 34,851 PepsiCo, Inc. 10,779 699,018 ------------- Total Beverages 2,343,860 ------------- Building Materials--0.3% American Standard Cos., Inc. 1,054 62,165 Eagle Materials, Inc. 465 22,808 Florida Rock Industries, Inc. 403 27,203 Lennox International, Inc. 642 21,976 Martin Marietta Materials, Inc. 217 35,158 Masco Corp. 4,019 114,421 ------------- Total Building Materials 283,731 ------------- Chemicals--2.4% Air Products & Chemicals, Inc. 1,398 112,357 Airgas, Inc. 489 23,423 Albemarle Corp. 868 33,444 Ashland, Inc. 346 22,127 Cabot Corp. 589 28,084 Celanese Corp. Series A 1,023 39,672 Chemtura Corp. 2,142 23,798 Cytec Industries, Inc. 341 21,746 Dow Chemical Co. (The) 12,142 536,918 E.I. du Pont de Nemours & Co. 9,836 500,062 Eastman Chemical Co. 868 55,838 Ecolab, Inc. 837 35,740 FMC Corp. 286 25,566 International Flavors & Fragrances, Inc. 589 30,710 Lubrizol Corp. 496 32,017 Lyondell Chemical Co. 3,496 129,772 Monsanto Co. 1,689 114,075 PPG Industries, Inc. 1,522 115,839 Praxair, Inc. 1,832 131,886 Rohm & Haas Co. 1,823 99,682 RPM International, Inc. 1,302 30,089 Sherwin-Williams Co. (The) 593 39,417 Sigma-Aldrich Corp. 566 24,151 Valhi, Inc. 724 11,801 Valspar Corp. (The) 713 20,256 Westlake Chemical Corp. 649 18,250 ------------- Total Chemicals 2,256,720 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Coal--0.1% Arch Coal, Inc. 465 $ 16,182 Consol Energy, Inc. 419 19,320 Foundation Coal Holdings, Inc. 334 13,574 Massey Energy Co. 543 14,471 Peabody Energy Corp. 691 33,430 ------------- Total Coal 96,977 ------------- Commercial Services--0.6% Advance America, Cash Advance Centers, Inc. 1,302 23,097 Deluxe Corp. 1,399 56,813 DeVry, Inc. 791 26,910 Equifax, Inc. 558 24,786 H&R Block, Inc. 2,359 55,130 Manpower, Inc. 527 48,610 McKesson Corp. 434 25,884 Moody's Corp. 347 21,583 Pharmaceutical Product Development, Inc. 375 14,351 R.R. Donnelley & Sons Co. 2,960 128,791 Robert Half International, Inc. 1,014 37,011 Service Corp. International 2,421 30,940 ServiceMaster Co. (The) 3,585 55,424 Sotheby's Class A 578 26,600 Weight Watchers International, Inc. 465 23,641 ------------- Total Commercial Services 599,571 ------------- Computers--1.2% Diebold, Inc. 701 36,592 Electronic Data Systems Corp. 1,178 32,666 Factset Research Systems, Inc. 332 22,692 Hewlett-Packard Co. 7,271 324,432 International Business Machines Corp. 6,977 734,330 ------------- Total Computers 1,150,712 ------------- Cosmetics/Personal Care--1.8% Avon Products, Inc. 3,143 115,505 Colgate-Palmolive Co. 3,578 232,033 Estee Lauder Cos., Inc. (The) Class A 445 20,252 Procter & Gamble Co. 21,023 1,286,398 ------------- Total Cosmetics/Personal Care 1,654,188 ------------- Distribution/Wholesale--0.2% CDW Corp. 686 58,289 Fastenal Co. 496 20,763 Genuine Parts Co. 1,470 72,912 W.W. Grainger, Inc. 341 31,730 ------------- Total Distribution/Wholesale 183,694 ------------- Diversified Financial Services--8.4% Advanta Corp. Class B 790 24,601 AG Edwards, Inc. 589 49,800 American Express Co. 4,019 245,882 Ameriprise Financial, Inc. 744 47,296 Bear, Stearns & Co., Inc. 310 43,400 BlackRock, Inc. 487 76,259 Charles Schwab Corp. (The) 4,456 91,437 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Chicago Mercantile Exchange Holdings, Inc. Class A 62 $ 33,130 CIT Group, Inc. 930 50,992 Citigroup, Inc. 65,702 3,369,857 Cohen & Steers, Inc. 213 9,255 Eaton Vance Corp. 744 32,870 Fannie Mae 2,228 145,555 Federated Investors, Inc. Class B 722 27,674 First Marblehead Corp. (The) 353 13,640 Franklin Resources, Inc. 403 53,385 Freddie Mac 6,639 402,987 GAMCO Investors, Inc. Class A 428 23,989 Goldman Sachs Group, Inc. 977 211,765 Greenhill & Co., Inc. (a) 233 16,009 International Securities Exchange, Inc. 474 30,976 Janus Capital Group, Inc. 1,364 37,974 Jefferies Group, Inc. 713 19,237 JPMorgan Chase & Co. 34,424 1,667,843 Legg Mason, Inc. 406 39,942 Lehman Brothers Holdings, Inc. 1,085 80,854 Merrill Lynch & Co., Inc. 3,252 271,802 Morgan Stanley 5,014 420,574 National Financial Partners Corp. 366 16,949 Nuveen Investments, Inc. Class A 465 28,900 optionsXpress Holdings, Inc. 575 14,755 Raymond James Financial, Inc. 682 21,074 Student Loan Corp. (The) 124 25,284 T. Rowe Price Group, Inc. 1,178 61,126 Thornburg Mortgage, Inc. (a) 4,015 105,113 Waddell & Reed Financial, Inc. Class A 899 23,383 ------------- Total Diversified Financial Services 7,835,569 ------------- Electric--5.5% Alliant Energy Corp. 1,302 50,583 Ameren Corp. 774 37,934 American Electric Power Co., Inc. 5,359 241,369 Avista Corp. 868 18,705 Black Hills Corp. 558 22,181 CenterPoint Energy, Inc. 4,860 84,564 Central Vermont Public Service Corp. 46 1,733 Consolidated Edison, Inc. 4,054 182,916 Constellation Energy Group, Inc. 1,522 132,673 Dominion Resources, Inc. 4,009 346,017 DPL, Inc. 1,460 41,376 DTE Energy Co. 2,857 137,765 Duke Energy Corp. 16,650 304,695 Edison International 2,669 149,784 Energy East Corp. 3,609 94,159 Entergy Corp. 1,557 167,144 Exelon Corp. 5,994 435,165 FirstEnergy Corp. 3,123 202,152 FPL Group, Inc. 3,768 213,796 Great Plains Energy, Inc. 1,937 56,405 Hawaiian Electric Industries, Inc. 1,628 38,567 IDACORP, Inc. 968 31,015 Integrys Energy Group, Inc. 1,146 58,137 ITC Holdings Corp. 557 22,631 MDU Resources Group, Inc. 1,266 35,499 Northeast Utilities 1,708 48,439 NSTAR 1,398 45,365 OGE Energy Corp. 1,271 46,582 Ormat Technologies, Inc. 558 21,025 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Pepco Holdings, Inc. 2,619 $ 73,856 PG&E Corp. 3,651 165,390 Pinnacle West Capital Corp. 1,946 77,548 PNM Resources, Inc. 746 20,731 Portland General Electric Co. 613 16,821 PPL Corp. 3,774 176,585 Progress Energy, Inc. 5,236 238,709 Public Service Enterprise Group, Inc. 2,793 245,170 Puget Energy, Inc. 2,514 60,789 SCANA Corp. 2,030 77,729 Southern Co. 10,543 361,519 TECO Energy, Inc. 3,043 52,279 TXU Corp. 1,118 75,241 Westar Energy, Inc. 1,271 30,860 Wisconsin Energy Corp. 837 37,021 Xcel Energy, Inc. 5,988 122,574 ------------- Total Electric 5,101,198 ------------- Electrical Components & Equipment--0.4% Ametek, Inc. 623 24,721 Emerson Electric Co. 6,454 302,047 Hubbell, Inc. Class B 403 21,851 ------------- Total Electrical Components & Equipment 348,619 ------------- Electronics--0.2% Amphenol Corp. Class A 744 26,524 Applera Corp. 357 10,903 AVX Corp. 2,016 33,748 Gentex Corp. 1,830 36,033 Jabil Circuit, Inc. 1,824 40,255 Tektronix, Inc. 1,248 42,107 ------------- Total Electronics 189,570 ------------- Engineering & Construction--0.1% Fluor Corp. 254 28,288 Granite Construction, Inc. 348 22,335 ------------- Total Engineering & Construction 50,623 ------------- Entertainment--0.1% International Game Technology 1,460 57,962 International Speedway Corp. Class A 403 21,242 Regal Entertainment Group Class A 1,271 27,873 ------------- Total Entertainment 107,077 ------------- Environmental Control--0.1% Republic Services, Inc. 1,596 48,901 ------------- Food--1.9% Campbell Soup Co. 2,824 109,599 ConAgra Foods, Inc. 4,709 126,484 Corn Products International, Inc. 775 35,224 Del Monte Foods Co. 1,677 20,392 Flowers Foods, Inc. 651 21,717 General Mills, Inc. 2,981 174,150 H.J. Heinz Co. Ltd. 3,541 168,091 Hormel Foods Corp. 888 33,167 J.M. Smucker Co. (The) 574 36,541 Kellogg Co. 3,295 170,648 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Kraft Foods, Inc. Class A 5,249 $ 185,027 Kroger Co. (The) 3,490 98,174 McCormick & Co., Inc. 837 31,957 Pilgrim's Pride Corp. 744 28,398 Safeway, Inc. 1,728 58,804 Sara Lee Corp. 5,897 102,608 Seaboard Corp. 10 23,450 SUPERVALU, Inc. 1,755 81,292 SYSCO Corp. 5,159 170,195 Tootsie Roll Industries, Inc. 697 19,314 Tyson Foods, Inc. Class A 1,247 28,731 Wm. Wrigley Jr. Co. 1,460 80,753 ------------- Total Food 1,804,716 ------------- Forest Products & Paper--0.7% International Paper Co. 4,426 172,835 Louisiana-Pacific Corp. 868 16,423 MeadWestvaco Corp. 1,894 66,896 Plum Creek Timber Co., Inc. 2,483 103,442 Schweitzer-Mauduit International, Inc. 83 2,573 Temple-Inland, Inc. 775 47,686 Weyerhaeuser Co. 2,932 231,422 ------------- Total Forest Products & Paper 641,277 ------------- Gas--0.8% AGL Resources, Inc. 992 40,156 Atmos Energy Corp. 1,178 35,411 Energen Corp. 490 26,921 KeySpan Corp. 2,483 104,236 New Jersey Resources Corp. 748 38,163 Nicor, Inc. 651 27,941 NiSource, Inc. 3,868 80,106 Northwest Natural Gas Co. 330 15,243 Piedmont Natural Gas Co., Inc. 930 22,925 Sempra Energy 2,111 125,034 South Jersey Industries, Inc. 659 23,315 Southern Union Co. 778 25,355 Southwest Gas Corp. 590 19,948 UGI Corp. 1,023 27,907 Vectren Corp. 1,889 50,871 WGL Holdings, Inc. 1,689 55,129 ------------- Total Gas 718,661 ------------- Hand/Machine Tools--0.2% Black & Decker Corp. (The) 403 35,589 Kennametal, Inc. 341 27,972 Lincoln Electric Holdings, Inc. 341 25,316 Snap-On, Inc. 496 25,053 Stanley Works (The) 589 35,752 ------------- Total Hand/Machine Tools 149,682 ------------- Healthcare-Products--2.1% Baxter International, Inc. 2,867 161,527 Beckman Coulter, Inc. 370 23,932 Becton Dickinson & Co. 1,054 78,523 Biomet, Inc. 558 25,512 C.R. Bard, Inc. 279 23,054 DENTSPLY International, Inc. 620 23,721 Hillenbrand Industries, Inc. 404 26,260 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Johnson & Johnson 22,092 $ 1,361,308 Medtronic, Inc. 3,173 164,552 Stryker Corp. 434 27,381 ------------- Total Healthcare-Products 1,915,770 ------------- Healthcare-Services--0.2% Aetna, Inc. 465 22,971 Brookdale Senior Living, Inc. 1,236 56,325 Manor Care, Inc. 403 26,312 Quest Diagnostics, Inc. 492 25,412 UnitedHealth Group, Inc. 438 22,399 ------------- Total Healthcare-Services 153,419 ------------- Holding Companies-Diversified--0.0% Leucadia National Corp. 1,052 37,083 ------------- Home Builders--0.2% Beazer Homes USA, Inc. 441 10,879 Centex Corp. 434 17,403 KB Home 434 17,087 Lennar Corp. Class A 690 25,226 MDC Holdings, Inc. 372 17,990 Pulte Homes, Inc. 707 15,872 Ryland Group, Inc. (The) 465 17,377 Standard-Pacific Corp. 775 13,586 Thor Industries, Inc. 646 29,161 ------------- Total Home Builders 164,581 ------------- Home Furnishings--0.1% Harman International Industries, Inc. 219 25,579 Whirlpool Corp. 434 48,261 ------------- Total Home Furnishings 73,840 ------------- Household Products/Wares--0.7% Avery Dennison Corp. 1,378 91,609 Church & Dwight Co., Inc. 527 25,538 Clorox Co. (The) 899 55,828 Fortune Brands, Inc. 969 79,817 Kimberly-Clark Corp. 4,581 306,423 Scotts Miracle-Gro Co. (The) Class A 402 17,262 Tupperware Brands Corp. 830 23,854 ------------- Total Household Products/Wares 600,331 ------------- Housewares--0.1% Newell Rubbermaid, Inc. 2,857 84,081 Toro Co. (The) 403 23,733 ------------- Total Housewares 107,814 ------------- Insurance--3.8% 21st Century Insurance Group 993 21,707 Alfa Corp. 1,209 18,824 Allstate Corp. (The) 4,605 283,253 AMBAC Financial Group, Inc. 394 34,353 American Family Life Assurance Co., Inc. 2,785 143,149 American Financial Group, Inc. 735 25,100 American International Group, Inc. 6,610 462,897 American National Insurance Co. 217 33,114 See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- AON Corp. 1,715 $ 73,076 Arthur J. Gallagher & Co. 1,271 35,435 Assurant, Inc. 340 20,033 Chubb Corp. (The) 2,700 146,178 Cigna Corp. 426 22,246 Commerce Group, Inc. 682 23,679 Delphi Financial Group, Inc. Class A 412 17,230 Erie Indemnity Co. Class A 496 26,804 FBL Financial Group, Inc. Class A 645 25,361 Fidelity National Title Group, Inc. Class A 3,837 90,937 First American Corp. 578 28,611 Genworth Financial, Inc. Class A 1,603 55,143 Hanover Insurance Group, Inc. (The) 363 17,711 Harleysville Group, Inc. 832 27,756 Hartford Financial Services Group, Inc. (The) 2,134 210,220 HCC Insurance Holdings, Inc. 671 22,418 Hilb Rogal & Hobbs Co. 496 21,259 LandAmerica Financial Group, Inc. 310 29,912 Lincoln National Corp. 2,234 158,502 Loews Corp. 1,023 52,153 Marsh & McLennan Cos., Inc. 3,961 122,316 MBIA, Inc. 837 52,078 Mercury General Corp. 589 32,460 Metlife, Inc. 2,466 159,008 MGIC Investment Corp. 403 22,915 Nationwide Financial Services, Inc. Class A 367 23,202 Odyssey Re Holdings Corp. 620 26,592 Ohio Casualty Corp. 651 28,195 Old Republic International Corp. 1,832 38,948 Phoenix Cos., Inc. (The) 1,398 20,984 PMI Group, Inc. (The) 467 20,861 Principal Financial Group, Inc. 1,071 62,429 Progressive Corp. (The) 958 22,925 Protective Life Corp. 434 20,750 Prudential Financial, Inc. 1,634 158,874 Radian Group, Inc. 499 26,946 Reinsurance Group of America, Inc. 363 21,867 RLI Corp. 403 22,548 Safeco Corp. 744 46,321 Selective Insurance Group, Inc. 682 18,332 Stancorp Financial Group, Inc. 403 21,149 State Auto Financial Corp. 558 17,103 Torchmark Corp. 375 25,125 Transatlantic Holdings, Inc. 399 28,381 Travelers Cos., Inc. (The) 4,736 253,375 Unitrin, Inc. 806 39,639 UnumProvident Corp. 1,333 34,805 W.R. Berkley Corp. 771 25,088 Wesco Financial Corp. 62 23,870 Zenith National Insurance Corp. 496 23,357 ------------- Total Insurance 3,567,504 ------------- Internet--0.0% United Online, Inc. 845 13,934 ------------- See Notes to Schedule of Investments. 9 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Investment Companies--0.3% Allied Capital Corp. (a) 627 $ 19,412 American Capital Strategies Ltd. 3,620 153,922 Apollo Investment Corp. 2,483 53,434 Ares Capital Corp. 1,307 22,023 MCG Capital Corp. 1,987 31,832 ------------- Total Investment Companies 280,623 ------------- Iron/Steel--0.2% Allegheny Technologies, Inc. 94 9,859 Carpenter Technology Corp. 150 19,547 Chaparral Steel Co. 350 25,155 Nucor Corp. 550 32,257 Reliance Steel & Aluminum Co. 454 25,542 Steel Dynamics, Inc. 582 24,392 United States Steel Corp. 451 49,045 ------------- Total Iron/Steel 185,797 ------------- Leisure Time--0.1% Brunswick Corp. 584 19,056 Harley-Davidson, Inc. 1,388 82,739 Polaris Industries, Inc. 439 23,776 ------------- Total Leisure Time 125,571 ------------- Lodging--0.3% Boyd Gaming Corp. 567 27,891 Harrah's Entertainment, Inc. 1,285 109,558 Hilton Hotels Corp. 744 24,902 Marriott International, Inc. Class A 744 32,171 Starwood Hotels & Resorts Worldwide, Inc. 984 65,997 Station Casinos, Inc. 400 34,720 ------------- Total Lodging 295,239 ------------- Machinery-Construction & Mining--0.4% Caterpillar, Inc. 4,266 334,028 Joy Global, Inc. 340 19,832 ------------- Total Machinery-Construction & Mining 353,860 ------------- Machinery-Diversified--0.4% Cummins, Inc. 372 37,650 Deere & Co. 1,429 172,537 Graco, Inc. 434 17,482 IDEX Corp. 651 25,090 Manitowoc Co., Inc. (The) 403 32,393 Rockwell Automation, Inc. 1,014 70,412 ------------- Total Machinery-Diversified 355,564 ------------- Media--1.6% Belo Corp. Class A 1,147 23,617 CBS Corp. Class A 744 24,798 CBS Corp. Class B 6,387 212,815 Citadel Broadcasting Corp. 2,751 17,744 Clear Channel Communications, Inc. 3,526 133,353 Dow Jones & Co., Inc. 589 33,838 E.W. Scripps Co. (The) Class A 651 29,744 Gannett Co., Inc. 1,610 88,470 See Notes to Schedule of Investments. 10 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Hearst-Argyle Television, Inc. 856 $ 20,630 John Wiley & Sons, Inc. Class A 558 26,946 McGraw-Hill Cos., Inc. (The) 1,429 97,286 Meredith Corp. 403 24,825 New York Times Co. (The) Class A (a) 1,147 29,134 News Corp. Class A 4,912 104,184 News Corp. Class B 1,832 42,026 Time Warner, Inc. 14,361 302,154 Tribune Co. 1,831 53,831 Walt Disney Co. (The) 6,325 215,935 Washington Post Co. (The) Class B 29 22,507 ------------- Total Media 1,503,837 ------------- Metal Fabricate/Hardware--0.1% Commercial Metals Co. 707 23,875 Precision Castparts Corp. 209 25,365 Timken Co. (The) 682 24,627 Worthington Industries, Inc. 1,080 23,382 ------------- Total Metal Fabricate/Hardware 97,249 ------------- Mining--1.7% Alcoa, Inc. 5,359 217,200 Freeport-McMoRan Copper & Gold, Inc. Class B 1,209 100,129 Newmont Mining Corp. 1,091 42,614 Royal Gold, Inc. 379 9,009 Southern Copper Corp. (a) 12,087 1,139,321 Vulcan Materials Co. 527 60,363 ------------- Total Mining 1,568,636 ------------- Miscellaneous Manufacturing--6.0% 3M Co. 7,440 645,718 Acuity Brands, Inc. 349 21,038 Brink's Co. (The) 372 23,023 Carlisle Cos., Inc. 496 23,069 Crane Co. 496 22,543 Danaher Corp. 303 22,877 Donaldson Co., Inc. 620 22,041 Dover Corp. 868 44,398 Eastman Kodak Co. 1,553 43,220 Eaton Corp. 1,011 94,023 General Electric Co. 97,769 3,742,597 Harsco Corp. 496 25,792 Honeywell International, Inc. 5,738 322,935 Illinois Tool Works, Inc. 3,374 182,837 ITT Industries, Inc. 434 29,634 Lancaster Colony Corp. 505 21,154 Leggett & Platt, Inc. 1,577 34,773 Pall Corp. 682 31,365 Parker Hannifin Corp. 434 42,493 Pentair, Inc. 589 22,718 Roper Industries, Inc. 434 24,781 SPX Corp. 372 32,665 Teleflex, Inc. 341 27,887 Textron, Inc. 651 71,682 Trinity Industries, Inc. 558 24,295 ------------- Total Miscellaneous Manufacturing 5,599,558 ------------- See Notes to Schedule of Investments. 11 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Office Furnishings--0.1% Herman Miller, Inc. 852 $ 26,923 HNI Corp. 675 27,675 Steelcase, Inc. Class A 1,988 36,778 ------------- Total Office Furnishings 91,376 ------------- Office/Business Equipment--0.1% Pitney Bowes, Inc. 2,111 98,837 ------------- Oil & Gas--7.3% Alon USA Energy, Inc. 675 29,707 Apache Corp. 952 77,674 Berry Petroleum Co. Class A 662 24,944 Cabot Oil & Gas Corp. 514 18,956 Chesapeake Energy Corp. 744 25,742 Chevron Corp. 21,260 1,790,942 Cimarex Energy Co. 640 25,222 ConocoPhillips 11,923 935,956 Crosstex Energy, Inc. 685 19,680 Devon Energy Corp. 992 77,664 Diamond Offshore Drilling, Inc. 236 23,968 ENSCO International, Inc. 434 26,478 EOG Resources, Inc. 496 36,238 Exxon Mobil Corp. 31,745 2,662,771 Helmerich & Payne, Inc. 738 26,140 Hess Corp. 713 42,038 Holly Corp. 197 14,615 Marathon Oil Corp. 3,974 238,281 Murphy Oil Corp. 527 31,325 Noble Energy, Inc. 465 29,011 Occidental Petroleum Corp. 4,830 279,560 Patterson-UTI Energy, Inc. 713 18,688 Penn Virginia Corp. 360 14,472 Pioneer Natural Resources Co. 415 20,215 Pogo Producing Co. 465 23,617 Range Resources Corp. 604 22,596 St. Mary Land & Exploration Co. 279 10,217 Sunoco, Inc. 527 41,991 Tesoro Corp. 306 17,488 Valero Energy Corp. 1,107 81,763 W&T Offshore, Inc. 320 8,957 Western Refining, Inc. 237 13,699 XTO Energy, Inc. 806 48,441 ------------- Total Oil & Gas 6,759,056 ------------- Oil & Gas Services--0.2% Baker Hughes, Inc. 806 67,810 CARBO Ceramics, Inc. 307 13,450 RPC, Inc. 610 10,394 Smith International, Inc. 557 32,662 Tidewater, Inc. 421 29,840 ------------- Total Oil & Gas Services 154,156 ------------- Packaging & Containers--0.2% Ball Corp. 527 28,021 Bemis Co. 775 25,715 Greif, Inc. Class A 436 25,990 See Notes to Schedule of Investments. 12 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Packaging Corp. of America 1,429 $ 36,167 Sealed Air Corp. 744 23,079 Sonoco Products Co. 837 35,832 ------------- Total Packaging & Containers 174,804 ------------- Pharmaceuticals--7.2% Abbott Laboratories 13,161 704,772 Allergan, Inc. 372 21,442 AmerisourceBergen Corp. 465 23,004 Bristol-Myers Squibb Co. 29,171 920,637 Cardinal Health, Inc. 735 51,920 Eli Lilly & Co. 11,217 626,806 Merck & Co., Inc. 27,373 1,363,175 Omnicare, Inc. 434 15,650 Pfizer, Inc. 88,612 2,265,809 Schering-Plough Corp. 4,748 144,529 Wyeth 9,591 549,948 ------------- Total Pharmaceuticals 6,687,692 ------------- Pipelines--0.3% El Paso Corp. 1,874 32,289 Equitable Resources, Inc. 837 41,482 National Fuel Gas Co. 930 40,278 ONEOK, Inc. 1,240 62,509 Questar Corp. 682 36,044 Williams Cos., Inc. (The) 1,654 52,299 ------------- Total Pipelines 264,901 ------------- Real Estate--0.1% Forest City Enterprises, Inc. Class A 434 26,682 Forest City Enterprises, Inc. Class B 434 26,912 Jones Lang LaSalle, Inc. 248 28,148 St. Joe Co. (The) 434 20,112 ------------- Total Real Estate 101,854 ------------- REITS--4.3% Alexandria Real Estate Equities, Inc. 217 21,010 AMB Property Corp. 899 47,845 American Financial Realty Trust 3,744 38,638 Apartment Investment & Management Co. Class A 1,522 76,739 Archstone-Smith Trust 2,359 139,439 AvalonBay Communities, Inc. 651 77,391 BioMed Realty Trust, Inc. 682 17,132 Boston Properties, Inc. 1,023 104,479 Brandywine Realty Trust 1,491 42,613 BRE Properties, Inc. Class A 589 34,922 Camden Property Trust 589 39,445 CBL & Associates Properties, Inc. 837 30,174 Colonial Properties Trust 744 27,119 Corporate Office Properties Trust 465 19,070 Cousins Properties, Inc. 682 19,785 Crescent Real Estate Equities Co. 2,266 50,849 Developers Diversified Realty Corp. 1,460 76,957 DiamondRock Hospitality Co. 1,271 24,251 Digital Realty Trust, Inc. 595 22,420 Duke Realty Corp. 2,080 74,194 EastGroup Properties, Inc. 434 19,018 Entertainment Properties Trust 527 28,342 Equity Lifestyle Properties, Inc. 434 22,650 See Notes to Schedule of Investments. 13 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Equity One, Inc. 1,147 $ 29,306 Equity Residential 3,434 156,692 Essex Property Trust, Inc. 217 25,237 Extra Space Storage, Inc. 1,845 30,443 Federal Realty Investment Trust 496 38,321 FelCor Lodging Trust, Inc. 930 24,208 Feldman Mall Properties, Inc. 377 4,298 First Industrial Realty Trust, Inc. 899 34,845 Franklin Street Properties Corp. 2,488 41,152 General Growth Properties, Inc. 2,483 131,475 Glimcher Realty Trust 775 19,375 Health Care Property Investors, Inc. 3,037 87,860 Health Care REIT, Inc. 1,427 57,594 Healthcare Realty Trust, Inc. 1,023 28,419 Highland Hospitality Corp. 1,858 35,674 Highwoods Properties, Inc. 837 31,388 Home Properties, Inc. 496 25,757 Hospitality Properties Trust 1,491 61,862 Host Hotels & Resorts, Inc. 5,434 125,634 HRPT Properties Trust 4,674 48,610 Inland Real Estate Corp. 2,248 38,171 iStar Financial, Inc. 2,824 125,188 Kilroy Realty Corp. 279 19,764 Kimco Realty Corp. 2,406 91,596 LaSalle Hotel Properties 465 20,190 Lexington Corporate Properties Trust 1,613 33,550 Liberty Property Trust 1,429 62,776 Macerich Co. (The) 806 66,431 Mack-Cali Realty Corp. 992 43,142 Maguire Properties, Inc. 620 21,285 Mid-America Apartment Communities, Inc. 341 17,896 National Retail Properties, Inc. 992 21,685 Nationwide Health Properties, Inc. 1,491 40,555 Omega Healthcare Investors, Inc. 1,687 26,705 Pennsylvania Real Estate Investment Trust 589 26,110 Post Properties, Inc. 527 27,473 Potlatch Corp. 747 32,158 ProLogis 2,297 130,699 PS Business Parks, Inc. 341 21,609 Public Storage, Inc. 1,169 89,803 Rayonier, Inc. 1,429 64,505 Realty Income Corp. 1,584 39,901 Regency Centers Corp. 744 52,452 Senior Housing Properties Trust 1,553 31,604 Simon Property Group, Inc. 2,160 200,965 SL Green Realty Corp. 408 50,547 Sovran Self Storage, Inc. 519 24,995 Spirit Finance Corp. 1,739 25,320 Strategic Hotels & Resorts, Inc. 961 21,613 Sunstone Hotel Investors, Inc. 744 21,122 Tanger Factory Outlet Centers, Inc. 750 28,088 Taubman Centers, Inc. 496 24,607 UDR, Inc. 1,832 48,182 U-Store-It Trust 1,964 32,190 Ventas, Inc. 1,522 55,173 Vornado Realty Trust 1,297 142,461 Washington Real Estate Investment Trust 589 20,026 Weingarten Realty Investors 1,271 52,238 ------------- Total REITS 3,985,407 ------------- See Notes to Schedule of Investments. 14 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Retail--4.2% Abercrombie & Fitch Co. Class A 341 $ 24,886 Advance Auto Parts, Inc. 527 21,359 American Eagle Outfitters, Inc. 785 20,143 Applebees International, Inc. 854 20,581 Barnes & Noble, Inc. 527 20,274 bebe stores, inc 931 14,905 Best Buy Co., Inc. 1,133 52,877 Brinker International, Inc. 796 23,299 Cash America International, Inc. 444 17,605 Costco Wholesale Corp. 2,030 118,796 CVS Corp. 3,655 133,225 Darden Restaurants, Inc. 558 24,546 Dillard's, Inc. Class A 624 22,420 Dollar General Corp. 1,302 28,540 Family Dollar Stores, Inc. 806 27,662 Foot Locker, Inc. 806 17,571 Gap, Inc. (The) 4,550 86,905 Home Depot, Inc. (The) 19,086 751,034 J.C. Penney Co., Inc. 754 54,575 Limited Brands, Inc. 2,928 80,374 Longs Drug Stores Corp. 650 34,138 Lowe's Cos., Inc. 3,277 100,571 Macy's, Inc. 2,185 86,919 McDonald's Corp. 9,762 495,519 Men's Wearhouse, Inc. (The) 256 13,074 MSC Industrial Direct Co. Class A 366 20,130 Nordstrom, Inc. 693 35,426 OfficeMax, Inc. 376 14,777 PetSmart, Inc. 462 14,992 RadioShack Corp. 1,099 36,421 Ross Stores, Inc. 531 16,355 Staples, Inc. 1,956 46,416 Target Corp. 2,279 144,944 Tiffany & Co. 737 39,105 TJX Cos., Inc. 1,367 37,593 United Auto Group, Inc. 829 17,649 Wal-Mart Stores, Inc. 22,503 1,082,618 Wendy's International, Inc. 372 13,671 Williams-Sonoma, Inc. 646 20,401 World Fuel Services Corp. 313 13,165 Yum! Brands, Inc. 1,612 52,745 ------------- Total Retail 3,898,206 ------------- Savings & Loans--1.4% BankUnited Financial Corp. Class A 1,188 23,843 Capitol Federal Financial 1,429 52,759 Downey Financial Corp. 279 18,408 First Niagara Financial Group, Inc. 3,940 51,614 Flagstar Bancorp, Inc. 2,775 33,439 Hudson City Bancorp, Inc. 4,116 50,298 Kearny Financial Corp. 1,367 18,427 MAF Bancorp, Inc. 808 43,842 New York Community Bancorp, Inc. 7,240 123,225 NewAlliance Bancshares, Inc. 1,367 20,122 Northwest Bancorp, Inc. 775 20,259 Provident Financial Services, Inc. 1,872 29,503 Sovereign Bancorp, Inc. 2,714 57,374 See Notes to Schedule of Investments. 15 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Washington Federal, Inc. 1,936 $ 47,064 Washington Mutual, Inc. 17,440 743,641 ------------- Total Savings & Loans 1,333,818 ------------- Semiconductors--1.8% Analog Devices, Inc. 2,748 103,435 Applied Materials, Inc. 5,677 112,802 Intel Corp. 45,555 1,082,388 Intersil Corp. Class A 1,389 43,698 KLA -Tencor Corp. 792 43,520 Microchip Technology, Inc. 2,469 91,452 National Semiconductor Corp. 1,579 44,638 Texas Instruments, Inc. 3,018 113,567 Xilinx, Inc. 2,038 54,557 ------------- Total Semiconductors 1,690,057 ------------- Software--2.1% Automatic Data Processing, Inc. 3,409 165,234 CA, Inc. 890 22,989 Fair Isaac Corp. 369 14,804 Fidelity National Information Services, Inc. 487 26,434 First Data Corp. 2,356 76,971 Global Payments, Inc. 434 17,208 IMS Health, Inc. 713 22,909 Mastercard, Inc. Class A 160 26,539 Microsoft Corp. 48,550 1,430,768 MoneyGram International, Inc. 558 15,596 Paychex, Inc. 2,653 103,785 SEI Investments Co. 672 19,515 Total System Services, Inc. 1,054 31,104 ------------- Total Software 1,973,856 ------------- Telecommunications--6.4% ALLTEL Corp. 1,090 73,630 AT&T, Inc. 69,817 2,897,405 CenturyTel, Inc. 496 24,329 Citizens Communications Co. 8,181 124,924 Consolidated Communications Holdings, Inc. 1,160 26,216 Embarq Corp. 1,959 124,142 FairPoint Communications, Inc. 1,278 22,685 Harris Corp. 869 47,404 Iowa Telecommunications Services, Inc. 1,085 24,662 QUALCOMM, Inc. 7,929 344,039 Sprint Nextel Corp. 5,620 116,390 Telephone & Data Systems, Inc. 496 31,035 Telephone & Data Systems, Inc. Special Shares 496 28,545 Verizon Communications, Inc. 45,575 1,876,322 Virgin Media, Inc. 816 19,886 Windstream Corp. 11,298 166,758 ------------- Total Telecommunications 5,948,372 ------------- Textiles--0.0% Cintas Corp. 1,028 40,534 ------------- See Notes to Schedule of Investments. 16 Schedule of Investments (unaudited)(continued) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Toys/Games/Hobbies--0.1% Hasbro, Inc. 1,240 $ 38,948 Mattel, Inc. 3,759 95,066 ------------- Total Toys/Games/Hobbies 134,014 ------------- Transportation--1.1% Alexander & Baldwin, Inc. 378 20,076 Burlington Northern Santa Fe Corp. 1,569 133,585 C.H. Robinson Worldwide, Inc. 694 36,449 Con-way, Inc. 341 17,132 CSX Corp. 1,569 70,731 Expeditors International Washington, Inc. 494 20,402 FedEx Corp. 279 30,961 Florida East Coast Industries, Inc. 192 15,932 JB Hunt Transport Services, Inc. 680 19,938 Laidlaw International, Inc. 775 26,776 Landstar System, Inc. 191 9,216 Norfolk Southern Corp. 1,913 100,566 Overseas Shipholding Group, Inc. 366 29,792 Ryder System, Inc. 341 18,346 Union Pacific Corp. 1,160 133,574 United Parcel Service, Inc. Class B 4,404 321,491 ------------- Total Transportation 1,004,967 ------------- Trucking & Leasing--0.0% GATX Corp. 401 19,749 ------------- Water--0.0% Aqua America, Inc. (a) 972 21,860 ------------- TOTAL COMMON STOCKS (Cost: $86,160,442) 92,798,142 ============= SHORT-TERM INVESTMENT--0.7% MONEY MARKET FUND(b)--0.7% Columbia Cash Reserves Fund, 4.96% (Cost: $650,387) 650,387 650,387 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--1.4% MONEY MARKET FUNDS(c)--1.4% UBS Enhanced Yield Portfolio, 5.27% 258,117 258,117 UBS Private Money Market Fund LLC, 5.25% 1,048,483 1,048,483 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $1,306,600)(d) 1,306,600 ============= TOTAL INVESTMENTS IN SECURITIES--101.8% (Cost: $88,117,429)(e) 94,755,129 Liabilities in Excess of Other Assets--(1.8)% (1,699,213) ------------- NET ASSETS--100.0% $ 93,055,916 ============= See Notes to Schedule of Investments. 17 Schedule of Investments (unaudited)(concluded) WisdomTree Total Dividend Fund June 30, 2007 ================================================================================ (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $1,268,562 and the total market value of the collateral held by the Fund was $1,306,600. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 18 WisdomTree Total Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 30.1% Consumer Non-Cyclical 19.7% Industrial 11.0% Communications 8.1% Energy 7.8% Consumer Cyclical 6.5% Utilities 6.3% Technology 5.3% Basic Materials 4.9% Diversified 0.0% # Other 0.3% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. # Amount represents less than 0.05%. Schedule of Investments (unaudited) WisdomTree High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.5% Agriculture--5.1% Altria Group, Inc. 135,117 $ 9,477,106 Loews Corp. 4,853 374,991 Reynolds American, Inc. 22,401 1,460,545 Universal Corp. 1,590 96,863 UST, Inc. 10,170 546,231 Vector Group Ltd. 8,269 186,301 ------------- Total Agriculture 12,142,037 ------------- Apparel--0.2% Cherokee, Inc. 1,123 41,034 VF Corp. 5,049 462,388 ------------- Total Apparel 503,422 ------------- Auto Manufacturers--0.4% General Motors Corp. 24,057 909,355 ------------- Auto Parts & Equipment--0.2% American Axle & Manufacturing Holdings, Inc. 4,221 125,027 Cooper Tire & Rubber Co. 4,049 111,833 Modine Manufacturing Co. 4,147 93,722 Standard Motor Products, Inc. 3,474 52,214 Superior Industries International, Inc. 3,836 83,471 ------------- Total Auto Parts & Equipment 466,267 ------------- Banks--18.9% Associated Banc-Corp 6,963 227,690 BancorpSouth, Inc. 810 19,813 Bank of America Corp. 299,217 14,628,718 Bank of Granite Corp. 1,982 33,080 Bank of Hawaii Corp. 2,532 130,752 BB&T Corp. 33,205 1,350,779 Cadence Financial Corp. 4,014 78,193 Chemical Financial Corp. 2,941 76,084 Chittenden Corp. 1,866 65,217 City Holding Co. 729 27,943 Colonial BancGroup, Inc. (The) 6,540 163,304 Comerica, Inc. 9,995 594,403 Compass Bancshares, Inc. 5,501 379,459 Corus Bankshares, Inc. (a) 2,158 37,247 Fifth Third Bancorp 35,292 1,403,563 First Bancorp 3,315 62,090 First Busey Corp. (a) 2,900 57,971 First Charter Corp. 2,759 53,718 First Community Bancshares, Inc. 1,993 62,162 First Financial Bancorp 2,043 30,625 First Financial Bankshares, Inc. 810 31,436 First Horizon National Corp. 8,724 340,236 First Merchants Corp. 4,698 112,893 First Midwest Bancorp, Inc. 2,581 91,651 FirstMerit Corp. 2,438 51,027 FNB Corp./PA 4,603 77,054 Fulton Financial Corp. 9,351 134,841 Huntington Bancshares, Inc. 15,094 343,238 KeyCorp 24,152 829,138 Lakeland Bancorp, Inc. 2,480 32,984 MainSource Financial Group, Inc. 3,257 54,685 National City Corp. 40,500 1,349,460 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- National Penn Bancshares, Inc. 2,270 $ 37,864 NBT Bancorp, Inc. 4,247 95,812 Old National Bancorp 4,956 82,319 Pacific Capital Bancorp 1,946 52,503 Park National Corp. 27 2,289 PNC Financial Services Group, Inc. (The) 14,208 1,017,009 Provident Bankshares Corp. 1,855 60,807 Regions Financial Corp. 43,185 1,429,424 Royal Bancshares of Pennsylvania, Inc. Class A 4,065 80,121 S&T Bancorp, Inc. 3,687 121,302 Seacoast Banking Corp. of Florida 808 17,574 State Bancorp, Inc. 662 11,036 Sterling Bancorp 3,520 56,426 SunTrust Banks, Inc. 16,692 1,431,172 TCF Financial Corp. 7,370 204,886 TrustCo Bank Corp. 1,577 15,581 U.S. Bancorp 110,702 3,647,630 UnionBanCal Corp. 8,131 485,421 United Bankshares, Inc. 2,277 72,409 Valley National Bancorp 5,843 131,409 Wachovia Corp. 132,292 6,779,964 Washington Trust Bancorp, Inc. 714 18,000 Wells Fargo & Co. 173,863 6,114,761 WesBanco, Inc. 2,235 65,933 Westamerica Bancorp 1,427 63,130 Whitney Holding Corp. 1,120 33,712 Wilmington Trust Corp. 3,322 137,896 ------------- Total Banks 45,197,844 ------------- Beverages--2.2% Coca-Cola Co. (The) 99,977 5,229,797 ------------- Building Materials--0.2% LSI Industries, Inc. 945 16,916 Masco Corp. 18,831 536,118 ------------- Total Building Materials 553,034 ------------- Chemicals--2.8% Dow Chemical Co. (The) 55,896 2,471,720 E.I. du Pont de Nemours & Co. 45,433 2,309,813 Eastman Chemical Co. 4,108 264,268 Ferro Corp. 1,863 46,445 Kronos Worldwide, Inc. 2,402 60,651 Lyondell Chemical Co. 15,601 579,109 NL Industries, Inc. (a) 3,328 33,347 Olin Corp. 6,382 134,022 PPG Industries, Inc. 7,685 584,905 Quaker Chemical Corp. 486 11,470 RPM International, Inc. 6,033 139,423 Sensient Technologies Corp. 2,179 55,325 UAP Holding Corp. 2,367 71,341 ------------- Total Chemicals 6,761,839 ------------- Commercial Services--0.4% Advance America, Cash Advance Centers, Inc. 4,604 81,675 Coinmach Service Corp. Class A 3,213 42,508 Deluxe Corp. 3,217 130,642 Diamond Management & Technology Consultants, Inc. 3,736 49,315 Landauer, Inc. 714 35,165 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Pre-Paid Legal Services, Inc. 801 $ 51,512 R.R. Donnelley & Sons Co. 10,037 436,711 ServiceMaster Co. (The) 16,403 253,590 ------------- Total Commercial Services 1,081,118 ------------- Distribution/Wholesale--0.2% BlueLinx Holdings, Inc. 2,552 26,770 Genuine Parts Co. 8,644 428,743 ------------- Total Distribution/Wholesale 455,513 ------------- Diversified Financial Services--11.0% Citigroup, Inc. 307,783 15,786,191 Freddie Mac 33,690 2,044,983 IndyMac Bancorp, Inc. (a) 2,826 82,434 JPMorgan Chase & Co. 159,561 7,730,730 Student Loan Corp. (The) 492 100,319 Thornburg Mortgage, Inc. (a) 21,494 562,713 ------------- Total Diversified Financial Services 26,307,370 ------------- Electric--8.5% ALLETE, Inc. 1,461 68,740 Alliant Energy Corp. 4,814 187,024 Ameren Corp. 14,936 732,013 American Electric Power Co., Inc. 23,009 1,036,325 Black Hills Corp. 2,520 100,170 CenterPoint Energy, Inc. 17,452 303,665 Central Vermont Public Service Corp. 1,398 52,677 CH Energy Group, Inc. 144 6,476 Cleco Corp. 6,224 152,488 Consolidated Edison, Inc. 18,970 855,926 Dominion Resources, Inc. 18,992 1,639,199 DPL, Inc. 6,470 183,360 DTE Energy Co. 12,068 581,919 Duke Energy Corp. 85,936 1,572,629 Empire District Electric Co. (The) 2,126 47,559 Energy East Corp. 10,980 286,468 FirstEnergy Corp. 14,943 967,260 FPL Group, Inc. 17,702 1,004,411 Great Plains Energy, Inc. 6,992 203,607 Hawaiian Electric Industries, Inc. 5,877 139,226 Idacorp, Inc. 568 18,199 Integrys Energy Group, Inc. 5,606 284,392 ITC Holdings Corp. 1,930 78,416 MGE Energy, Inc. 1,209 39,498 Northeast Utilities 6,219 176,371 NorthWestern Corp. 1,883 59,898 NSTAR 6,308 204,695 OGE Energy Corp. 4,849 177,716 Otter Tail Corp. 1,685 54,038 Pepco Holdings, Inc. 11,895 335,439 PG&E Corp. 15,513 702,739 Pinnacle West Capital Corp. 7,375 293,894 PNM Resources, Inc. 4,137 114,967 Portland General Electric Co. 4,885 134,044 PPL Corp. 18,321 857,240 Progress Energy, Inc. 19,934 908,791 Public Service Enterprise Group, Inc. 13,322 1,169,405 Puget Energy, Inc. 7,525 181,955 SCANA Corp. 7,277 278,636 Southern Co. 49,206 1,687,273 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- TECO Energy, Inc. 14,771 $ 253,766 TXU Corp. 21,909 1,474,476 UIL Holdings Corp. 503 16,649 Westar Energy, Inc. 5,027 122,056 Xcel Energy, Inc. 26,527 543,008 ------------- Total Electric 20,288,703 ------------- Electrical Components & Equipment--0.0% Hubbell, Inc. Class A 196 10,604 ------------- Entertainment--0.1% Regal Entertainment Group Class A 7,703 168,927 ------------- Food--1.0% ConAgra Foods, Inc. 23,570 633,090 H.J. Heinz Co. Ltd. 16,313 774,378 Kraft Foods, Inc. Class A 22,060 777,616 Lance, Inc. 1,399 32,960 Nash Finch Co. 734 36,333 Weis Markets, Inc. 1,090 44,156 ------------- Total Food 2,298,533 ------------- Forest Products & Paper--1.2% Bowater, Inc. (a) 3,391 84,605 International Paper Co. 22,374 873,705 Louisiana-Pacific Corp. 507 9,592 MeadWestvaco Corp. 9,188 324,520 Plum Creek Timber Co., Inc. 11,798 491,505 Weyerhaeuser Co. 15,191 1,199,026 Xerium Technologies, Inc. 557 4,244 ------------- Total Forest Products & Paper 2,987,197 ------------- Gas--0.8% AGL Resources, Inc. 4,994 202,157 Atmos Energy Corp. 4,773 143,476 Cascade Natural Gas Corp. 861 22,739 KeySpan Corp. 12,283 515,641 New Jersey Resources Corp. 1,354 69,081 Nicor, Inc. 2,606 111,850 NiSource, Inc. 15,495 320,901 Northwest Natural Gas Co. 1,458 67,345 Piedmont Natural Gas Co., Inc. (a) 4,175 102,914 South Jersey Industries, Inc. 1,366 48,329 Vectren Corp. 4,913 132,307 WGL Holdings, Inc. 3,999 130,527 ------------- Total Gas 1,867,267 ------------- Healthcare-Services--0.1% Brookdale Senior Living, Inc. (a) 5,687 259,157 ------------- Home Furnishings--0.1% Bassett Furniture Industries, Inc. 1,993 27,204 Furniture Brands International, Inc. 3,320 47,144 Kimball International, Inc. Class B 2,273 31,845 La-Z-Boy, Inc. (a) 5,036 57,713 ------------- Total Home Furnishings 163,906 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Household Products/Wares--0.7% Ennis, Inc. 1,241 $ 29,188 Kimberly-Clark Corp. 21,150 1,414,723 Standard Register Co. (The) 2,269 25,867 Tupperware Brands Corp. 4,182 120,191 WD-40 Co. 576 18,933 ------------- Total Household Products/Wares 1,608,902 ------------- Housewares--0.2% Newell Rubbermaid, Inc. 12,604 370,936 ------------- Insurance--0.8% American National Insurance Co. 1,142 174,269 Arthur J. Gallagher & Co. (a) 6,386 178,042 Baldwin & Lyons, Inc. Class B 818 21,252 Cincinnati Financial Corp. 8,136 353,102 Commerce Group, Inc. 3,660 127,075 Fidelity National Title Group, Inc. Class A 17,843 422,879 Mercury General Corp. 3,387 186,658 Old Republic International Corp. 9,394 199,716 Unitrin, Inc. 3,167 155,753 Zenith National Insurance Corp. 1,851 87,164 ------------- Total Insurance 1,905,910 ------------- Internet--0.0% United Online, Inc. 6,107 100,704 ------------- Investment Companies--0.9% Allied Capital Corp. (a) 16,661 515,825 American Capital Strategies Ltd. 17,955 763,446 Apollo Investment Corp. 10,826 232,976 Ares Capital Corp. 6,387 107,621 Gladstone Capital Corp. (a) 1,804 38,714 Gladstone Investment Corp. 6,885 97,836 Hercules Technology Growth Capital, Inc. 2,185 29,519 MCG Capital Corp. 8,624 138,156 Medallion Financial Corp. 4,253 50,313 MVC Capital, Inc. 1,053 19,807 NGP Capital Resources Co. 1,242 20,766 Patriot Capital Funding, Inc. 2,458 36,501 Prospect Energy Corp. (a) 1,697 29,647 Technology Investment Capital Corp. 2,967 46,849 ------------- Total Investment Companies 2,127,976 ------------- Leisure Time--0.0% Polaris Industries, Inc. 2,049 110,974 ------------- Machinery-Diversified--0.0% Briggs & Stratton Corp. 2,022 63,814 ------------- Media--0.7% Belo Corp. Class A 4,952 101,962 CBS Corp. Class B 31,043 1,034,352 Citadel Broadcasting Corp. 14,510 93,590 Dow Jones & Co., Inc. 964 55,382 Entercom Communications Corp. 3,163 78,727 New York Times Co. (The) Class A (a) 8,351 212,115 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Sinclair Broadcast Group, Inc. Class A 3,203 $ 45,547 World Wrestling Entertainment, Inc. 3,387 54,158 ------------- Total Media 1,675,833 ------------- Metal Fabricate/Hardware--0.0% Worthington Industries, Inc. 5,173 111,995 ------------- Mining--1.9% Compass Minerals International, Inc. 2,088 72,370 Southern Copper Corp. (a) 46,840 4,415,138 ------------- Total Mining 4,487,508 ------------- Miscellaneous Manufacturing--7.5% General Electric Co. 464,863 17,794,956 Koppers Holdings, Inc. 1,215 40,921 Leggett & Platt, Inc. 8,180 180,369 Reddy Ice Holdings, Inc. 1,470 41,924 ------------- Total Miscellaneous Manufacturing 18,058,170 ------------- Office Furnishings--0.0% Steelcase Inc. Class A 3,733 69,061 ------------- Office/Business Equipment--0.2% Pitney Bowes, Inc. 9,710 454,622 ------------- Oil & Gas--3.5% Chevron Corp. 99,300 8,365,032 ------------- Oil & Gas Services--0.0% MarkWest Hydrocarbon, Inc. 553 31,759 ------------- Packaging & Containers--0.1% Packaging Corp. of America 7,276 184,156 ------------- Pharmaceuticals--9.8% Bristol-Myers Squibb Co. 140,197 4,424,617 Eli Lilly & Co. 53,477 2,988,295 Merck & Co., Inc. 117,573 5,855,135 Pfizer, Inc. 400,521 10,241,322 ------------- Total Pharmaceuticals 23,509,369 ------------- Pipelines--0.2% National Fuel Gas Co. 4,094 177,311 ONEOK, Inc. 5,466 275,541 ------------- Total Pipelines 452,852 ------------- Real Estate--0.0% Resource Capital Corp. 3,485 48,720 ------------- REITS--6.7% Acadia Realty Trust 1,377 35,733 Agree Realty Corp. 658 20,563 Alexandria Real Estate Equities, Inc. 1,272 123,155 AMB Property Corp. 4,168 221,821 American Campus Communities, Inc. 2,098 59,352 American Financial Realty Trust 15,484 159,795 American First Apartment Investors, Inc. 1,036 25,641 American Land Lease, Inc. 2,147 53,675 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Apartment Investment & Management Co. Class A 6,242 $ 314,722 Archstone-Smith Trust 10,901 644,357 Ashford Hospitality Trust, Inc. 10,319 121,351 Associated Estates Realty Corp. 4,207 65,587 BioMed Realty Trust, Inc. 833 20,925 Brandywine Realty Trust 7,294 208,463 BRE Properties, Inc. Class A 2,576 152,731 BRT Realty Trust 950 24,710 Camden Property Trust 2,975 199,236 Capital Lease Funding, Inc. 2,772 29,799 CBL & Associates Properties, Inc. 4,823 173,869 Cedar Shopping Centers, Inc. 2,286 32,804 Colonial Properties Trust 1,653 60,252 Cousins Properties, Inc. 3,396 98,518 Crescent Real Estate Equities Co. 10,997 246,773 Developers Diversified Realty Corp. 6,153 324,325 DiamondRock Hospitality Co. 4,751 90,649 Digital Realty Trust, Inc. 2,184 82,293 Duke Realty Corp. 9,234 329,376 EastGroup Properties, Inc. 1,358 59,508 Education Realty Trust, Inc. 7,571 106,221 Entertainment Properties Trust 1,952 104,979 Equity Inns, Inc. 4,750 106,400 Equity One, Inc. 5,156 131,736 Equity Residential 17,621 804,045 Extra Space Storage, Inc. 4,857 80,141 Federal Realty Investment Trust 2,401 185,501 FelCor Lodging Trust, Inc. 4,306 112,085 First Industrial Realty Trust, Inc. 4,013 155,544 First Potomac Realty Trust 1,295 30,161 Franklin Street Properties Corp. 8,039 132,965 General Growth Properties, Inc. 12,260 649,166 Getty Realty Corp. 2,124 55,819 Glimcher Realty Trust 4,102 102,550 Health Care REIT, Inc. 6,702 270,493 Healthcare Realty Trust, Inc. 4,818 133,844 Hersha Hospitality Trust 3,090 36,524 Highland Hospitality Corp. 4,049 77,741 Highwoods Properties, Inc. 6,184 231,900 Home Properties, Inc. 332 17,241 Hospitality Properties Trust 6,783 281,427 Host Hotels & Resorts, Inc. 25,313 585,236 HRPT Properties Trust 25,688 267,155 Inland Real Estate Corp. 5,487 93,169 Investors Real Estate Trust (a) 4,508 46,568 iStar Financial, Inc. 12,716 563,699 Kilroy Realty Corp. 1,379 97,688 Kite Realty Group Trust 1,839 34,978 LaSalle Hotel Properties 2,470 107,247 Lexington Corporate Properties Trust (a) 7,836 162,989 Liberty Property Trust 6,787 298,153 LTC Properties, Inc. 1,944 44,226 Macerich Co. (The) 3,770 310,723 Mack-Cali Realty Corp. 4,589 199,576 Maguire Properties, Inc. 2,852 97,909 Medical Properties Trust, Inc. 4,346 57,498 Mid-America Apartment Communities, Inc. 115 6,035 Mission West Properties, Inc. 1,377 19,195 National Health Investors, Inc. 2,484 78,792 National Retail Properties, Inc. 5,189 113,432 Nationwide Health Properties, Inc. 6,713 182,594 Omega Healthcare Investors, Inc. 5,237 82,902 One Liberty Properties, Inc. 813 18,504 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Parkway Properties, Inc. 1,277 $ 61,334 Pennsylvania Real Estate Investment Trust 3,399 150,678 Post Properties, Inc. 2,532 131,993 Potlatch Corp. 2,919 125,663 Ramco-Gershenson Properties Trust 1,377 49,476 Rayonier, Inc. 5,440 245,562 Realty Income Corp. (a) 8,412 211,898 Regency Centers Corp. 3,291 232,016 Republic Property Trust 3,355 41,099 Saul Centers, Inc. 891 40,407 Senior Housing Properties Trust 9,807 199,572 Simon Property Group, Inc. 10,241 952,822 Sovran Self Storage, Inc. 1,393 67,087 Spirit Finance Corp. 10,444 152,065 Strategic Hotels & Resorts, Inc. 6,746 151,718 Sun Communities, Inc. 1,779 52,961 Sunstone Hotel Investors, Inc. 5,914 167,898 Tanger Factory Outlet Centers, Inc. 1,690 63,291 UDR, Inc. 8,214 216,028 Universal Health Realty Income Trust 972 32,368 Urstadt Biddle Properties, Inc. Class A 1,296 22,045 U-Store-It Trust 4,589 75,214 Ventas, Inc. 6,540 237,075 Vornado Realty Trust 5,976 656,403 Washington Real Estate Investment Trust 2,529 85,986 Weingarten Realty Investors 5,237 215,241 Winthrop Realty Trust 3,486 24,088 ------------- Total REITS 15,916,722 ------------- Retail--0.0% Asbury Automotive Group, Inc. 1,761 43,937 Kenneth Cole Productions, Inc. Class A 811 20,032 Tuesday Morning Corp. 2,568 31,740 ------------- Total Retail 95,709 ------------- Savings & Loans--1.9% Astoria Financial Corp. 3,009 75,345 Capitol Federal Financial 7,656 282,660 First Defiance Financial Corp. 2,311 68,914 First Niagara Financial Group, Inc. 12,186 159,637 New York Community Bancorp, Inc. 28,203 480,015 Northwest Bancorp, Inc. 3,941 103,018 Washington Federal, Inc. 4,768 115,910 Washington Mutual, Inc. 75,276 3,209,768 ------------- Total Savings & Loans 4,495,267 ------------- Semiconductors--0.2% Microchip Technology, Inc. 10,896 403,588 ------------- Telecommunications--10.6% Alaska Communications Systems Group, Inc. 4,282 67,827 AT&T, Inc. 338,614 14,052,482 Citizens Communications Co. 38,132 582,276 Consolidated Communications Holdings, Inc. 3,564 80,546 Embarq Corp. 9,131 578,631 FairPoint Communications, Inc. 4,919 87,312 Iowa Telecommunications Services, Inc. 4,606 104,694 SureWest Communications 2,081 56,686 USA Mobility, Inc. 2,744 73,429 See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(concluded) WisdomTree High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Verizon Communications, Inc. 216,429 $ 8,910,383 Windstream Corp. 53,286 786,501 ------------- Total Telecommunications 25,380,767 ------------- Toys/Games/Hobbies--0.2% Mattel, Inc. 17,217 435,418 ------------- Trucking & Leasing--0.0% TAL International Group, Inc. 1,121 33,305 ------------- Water--0.0% California Water Service Group 894 33,516 Middlesex Water Co. 1,865 35,827 ------------- Total Water 69,343 ------------- TOTAL COMMON STOCKS (Cost: $230,327,118) 238,220,302 ============= SHORT-TERM INVESTMENT--0.9% MONEY MARKET FUND(b)--0.9% Columbia Cash Reserves Fund, 4.96% (Cost: $2,087,400) 2,087,400 2,087,400 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--2.9% MONEY MARKET FUNDS(c)--2.9% UBS Enhanced Yield Portfolio, 5.27% 6,107,953 6,107,953 UBS Private Money Market Fund LLC, 5.25% 798,490 798,490 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $6,906,443)(d) 6,906,443 ============= TOTAL INVESTMENTS IN SECURITIES--103.3% (Cost: $239,320,961)(e) 247,214,145 Liabilities in Excess of Other Assets --(3.3)% (7,955,443) ------------- NET ASSETS--100.0% $ 239,258,702 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $6,696,257 and the total market value of the collateral held by the Fund was $6,906,443. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 9 WisdomTree High-Yielding Equity Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 40.3% Consumer Non-Cyclical 19.3% Communications 11.3% Utilities 9.3% Industrial 7.9% Basic Materials 5.7% Energy 3.7% Consumer Cyclical 1.6% Technology 0.4% Other 0.5% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Dividend Top 100 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.7% Agriculture--3.4% Altria Group, Inc. 24,745 $ 1,735,614 Reynolds American, Inc. 47,848 3,119,690 UST, Inc. 45,716 2,455,406 ------------- Total Agriculture 7,310,710 ------------- Apparel--0.7% VF Corp. 16,433 1,504,934 ------------- Auto Manufacturers--1.2% General Motors Corp. (a) 68,983 2,607,557 ------------- Banks--16.3% Bank of America Corp. 49,990 2,444,011 Bank of New York Co., Inc. (The) 45,083 1,868,240 BB&T Corp. 58,823 2,392,920 Comerica, Inc. 41,481 2,466,875 Fifth Third Bancorp (a) 66,800 2,656,635 KeyCorp. 68,290 2,344,396 Marshall & Ilsley Corp. 33,293 1,585,746 National City Corp. 76,555 2,550,812 PNC Financial Services Group, Inc. (The) 25,441 1,821,067 Regions Financial Corp. 67,262 2,226,372 SunTrust Banks, Inc. 23,519 2,016,519 Synovus Financial Corp. 52,524 1,612,487 U.S. BanCorp. 74,943 2,469,372 UnionBanCal Corp. 34,074 2,034,218 Wachovia Corp. 49,680 2,546,099 Wells Fargo & Co. 58,171 2,045,874 ------------- Total Banks 35,081,643 ------------- Beverages--1.8% Anheuser-Busch Cos., Inc. 35,339 1,843,282 Coca-Cola Co. (The) 36,847 1,927,467 ------------- Total Beverages 3,770,749 ------------- Building Materials--0.9% Masco Corp. 69,874 1,989,313 ------------- Chemicals--4.1% Dow Chemical Co. (The) 60,475 2,674,204 E.I. du Pont de Nemours & Co. 42,440 2,157,650 PPG Industries, Inc. 29,361 2,234,666 Rohm & Haas Co. 31,182 1,705,032 ------------- Total Chemicals 8,771,552 ------------- Commercial Services--1.6% H&R Block, Inc. (a) 35,545 830,687 R.R. Donnelley & Sons Co. 62,265 2,709,150 ------------- Total Commercial Services 3,539,837 ------------- Distribution/Wholesale--0.9% Genuine Parts Co. 39,840 1,976,064 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Dividend Top 100 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Diversified Financial Services--2.6% Citigroup, Inc. 51,408 $ 2,636,716 Freddie Mac 25,173 1,528,001 JPMorgan Chase & Co. 30,835 1,493,956 ------------- Total Diversified Financial Services 5,658,673 ------------- Electric--19.5% Ameren Corp. 55,135 2,702,166 American Electric Power Co., Inc. 58,136 2,618,445 Consolidated Edison, Inc. 64,180 2,895,802 Dominion Resources, Inc. 27,477 2,371,540 DTE Energy Co. 60,475 2,916,105 Duke Energy Corp. 82,834 1,515,862 Edison International 33,296 1,868,572 Entergy Corp. 16,773 1,800,582 Exelon Corp. 30,418 2,208,347 FirstEnergy Corp. 32,736 2,119,001 FPL Group, Inc. 34,441 1,954,182 PG&E Corp. 40,680 1,842,804 PPL Corp. 54,074 2,530,122 Progress Energy, Inc. 68,850 3,138,871 Public Service Enterprise Group, Inc. 32,808 2,879,886 Southern Co. 95,964 3,290,605 TXU Corp. 16,290 1,096,317 Xcel Energy, Inc. 109,914 2,249,940 ------------- Total Electric 41,999,149 ------------- Electrical Components & Equipment--0.8% Emerson Electric Co. 34,632 1,620,778 ------------- Environmental Control--0.3% Waste Management, Inc. 16,227 633,664 ------------- Food--5.4% ConAgra Foods, Inc. 70,173 1,884,847 General Mills, Inc. 30,505 1,782,102 H.J. Heinz Co. Ltd. 46,413 2,203,225 Kellogg Co. 33,299 1,724,555 Kraft Foods, Inc. Class A 74,875 2,639,344 Sara Lee Corp. 86,454 1,504,300 ------------- Total Food 11,738,373 ------------- Forest Products & Paper--2.4% International Paper Co. 58,447 2,282,355 Weyerhaeuser Co. 36,661 2,893,653 ------------- Total Forest Products & Paper 5,176,008 ------------- Healthcare-Products--0.1% Johnson & Johnson 3,051 188,003 ------------- Home Builders--0.1% D.R. Horton, Inc. 5,677 113,143 ------------- Household Products/Wares--0.9% Kimberly-Clark Corp. 28,889 1,932,385 ------------- Housewares--1.1% Newell Rubbermaid, Inc. 81,937 2,411,406 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Dividend Top 100 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Insurance--2.3% Hartford Financial Services Group, Inc. (The) 24,552 $ 2,418,618 Lincoln National Corp. 36,654 2,600,601 ------------- Total Insurance 5,019,219 ------------- Media--0.8% CBS Corp. Class B 50,538 1,683,926 ------------- Mining--5.2% Southern Copper Corp. (a) 118,929 11,210,248 ------------- Miscellaneous Manufacturing--1.8% 3M Co. 18,076 1,568,816 General Electric Co. 58,627 2,244,242 ------------- Total Miscellaneous Manufacturing 3,813,058 ------------- Office/Business Equipment--0.9% Pitney Bowes, Inc. 43,275 2,026,136 ------------- Oil & Gas--1.0% Chevron Corp. 26,286 2,214,333 ------------- Pharmaceuticals--6.1% Abbott Laboratories 39,260 2,102,373 Bristol-Myers Squibb Co. 124,880 3,941,212 Eli Lilly & Co. 36,825 2,057,781 Merck & Co., Inc. 54,984 2,738,203 Pfizer, Inc. 87,814 2,245,404 ------------- Total Pharmaceuticals 13,084,973 ------------- REITS--7.7% Archstone-Smith Trust 31,690 1,873,195 AvalonBay Communities, Inc. 11,604 1,379,484 Boston Properties, Inc. 13,026 1,330,345 Equity Residential (a) 37,837 1,726,502 General Growth Properties, Inc. 40,030 2,119,588 Host Hotels & Resorts, Inc. 73,364 1,696,176 Kimco Realty Corp. 43,925 1,672,225 ProLogis 24,791 1,410,608 Simon Property Group, Inc. 19,276 1,793,439 Vornado Realty Trust 14,151 1,554,346 ------------- Total REITS 16,555,908 ------------- Retail--1.8% Home Depot, Inc. (The) 40,830 1,606,661 McDonald's Corp. 44,375 2,252,475 ------------- Total Retail 3,859,136 ------------- Savings & Loans--1.4% Washington Mutual, Inc. 70,252 2,995,545 ------------- Telecommunications--5.4% AT&T, Inc. 120,354 4,994,691 Embarq Corp. 49,700 3,149,489 Verizon Communications, Inc. 86,156 3,547,043 ------------- Total Telecommunications 11,691,223 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(concluded) WisdomTree Dividend Top 100 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Toys/Games/Hobbies--1.2% Mattel, Inc. 105,321 $ 2,663,568 ------------- TOTAL COMMON STOCKS (Cost: $206,092,593) 214,841,214 ============= SHORT-TERM INVESTMENT--0.5% MONEY MARKET FUND--0.5% Columbia Cash Reserves Fund, 4.96%(b) (Cost: $1,141,632) 1,141,632 1,141,632 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--8.9% MONEY MARKET FUNDS(c)--8.9% UBS Enhanced Yield Portfolio, 5.27% 8,267,169 8,267,169 UBS Private Money Market Fund LLC, 5.25% 11,003,331 11,003,331 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $19,270,500)(d) 19,270,500 ============= TOTAL INVESTMENTS IN SECURITIES--109.1% (Cost: $226,504,725)(e) 235,253,346 Liabilities in Excess of Other Assets--(9.1)% (19,647,737) ------------- NET ASSETS--100.0% $ 215,605,609 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $18,735,425 and the total market value of the collateral held by the Fund was $19,270,500. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 4 WisdomTree Dividend Top 100 Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 30.3% Utilities 19.5% Consumer Non-Cyclical 19.3% Basic Materials 11.7% Consumer Cyclical 7.0% Communications 6.2% Industrial 3.7% Energy 1.0% Technology 1.0% Other 0.3% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.8% Advertising--0.1% Omnicom Group, Inc. 5,212 $ 275,819 ------------- Aerospace/Defense--1.9% Boeing Co. (The) 16,836 1,618,950 General Dynamics Corp. 7,916 619,190 L-3 Communications Holdings, Inc. 737 71,776 Lockheed Martin Corp. 11,398 1,072,894 Northrop Grumman Corp. 11,820 920,423 Raytheon Co. 13,127 707,414 Rockwell Collins, Inc. 508 35,885 United Technologies Corp. (a) 25,935 1,839,570 ------------- Total Aerospace/Defense 6,886,102 ------------- Agriculture--3.1% Altria Group, Inc. 134,550 9,437,336 Reynolds American, Inc. 21,678 1,413,406 UST, Inc. 10,311 553,804 ------------- Total Agriculture 11,404,546 ------------- Airlines--0.0% Southwest Airlines Co. 148 2,207 ------------- Apparel--0.2% NIKE, Inc. Class B 12,058 702,861 ------------- Auto Manufacturers--0.2% General Motors Corp. 6,922 261,652 Paccar, Inc. 4,790 416,921 ------------- Total Auto Manufacturers 678,573 ------------- Auto Parts & Equipment--0.2% Johnson Controls, Inc. 5,716 661,741 ------------- Banks--12.5% Bank of America Corp. 293,537 14,351,024 Bank of New York Co., Inc. (The) 29,251 1,212,161 BB&T Corp. 37,126 1,510,286 Capital One Financial Corp. 268 21,022 Comerica, Inc. 11,080 658,928 Fifth Third Bancorp 39,657 1,577,159 KeyCorp 24,145 828,898 M&T Bank Corp. 2,638 282,002 Marshall & Ilsley Corp. 11,465 546,078 Mellon Financial Corp. 14,167 623,348 National City Corp. 44,269 1,475,043 Northern Trust Corp. 6,346 407,667 PNC Financial Services Group, Inc. (The) 14,388 1,029,893 Regions Financial Corp. 47,320 1,566,292 State Street Corp. 6,724 459,922 SunTrust Banks, Inc. 19,979 1,712,999 Synovus Financial Corp. 15,276 468,973 U.S. Bancorp 108,416 3,572,307 UnionBanCal Corp. 7,852 468,764 Wachovia Corp. 130,674 6,697,043 Wells Fargo & Co. 168,632 5,930,787 Zions Bancorp 196 15,074 ------------- Total Banks 45,415,670 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Beverages--2.8% Anheuser-Busch Cos., Inc. 30,019 $ 1,565,791 Coca-Cola Co. (The) 97,538 5,102,212 Coca-Cola Enterprises, Inc. 11,980 287,520 PepsiCo, Inc. 49,989 3,241,787 ------------- Total Beverages 10,197,310 ------------- Building Materials--0.3% American Standard Cos., Inc. 4,941 291,420 Masco Corp. 21,546 613,415 ------------- Total Building Materials 904,835 ------------- Chemicals--2.1% Air Products & Chemicals, Inc. 6,953 558,813 Dow Chemical Co. (The) 56,276 2,488,524 E.I. du Pont de Nemours & Co. 45,588 2,317,693 Ecolab, Inc. 671 28,652 Monsanto Co. 5,854 395,379 PPG Industries, Inc. 7,774 591,679 Praxair, Inc. 8,146 586,431 Rohm & Haas Co. 8,569 468,553 Sherwin-Williams Co. (The) 3,346 222,409 ------------- Total Chemicals 7,658,133 ------------- Coal--0.0% Peabody Energy Corp. 2,762 133,626 ------------- Commercial Services--0.2% McKesson Corp. 2,244 133,832 Moody's Corp. 754 46,899 R.R. Donnelley & Sons Co. 10,063 437,841 ------------- Total Commercial Services 618,572 ------------- Computers--1.4% Electronic Data Systems Corp. 5,880 163,052 Hewlett-Packard Co. (a) 34,902 1,557,327 International Business Machines Corp. 30,905 3,252,752 ------------- Total Computers 4,973,131 ------------- Cosmetics/Personal Care--2.1% Avon Products, Inc. 14,997 551,140 Colgate-Palmolive Co. 15,890 1,030,467 Procter & Gamble Co. (a) 98,354 6,018,281 ------------- Total Cosmetics/Personal Care 7,599,888 ------------- Distribution/Wholesale--0.1% Genuine Parts Co. 7,705 382,168 ------------- Diversified Financial Services--10.1% American Express Co. 19,345 1,183,527 Ameriprise Financial, Inc. 3,500 222,495 Bear Stearns & Co., Inc. 1,450 203,000 BlackRock, Inc. 2,195 343,715 Charles Schwab Corp. (The) 21,126 433,506 Chicago Mercantile Exchange Holdings, Inc. Class A 255 136,262 CIT Group, Inc. 5,184 284,239 Citigroup, Inc. 305,188 15,653,092 Countrywide Financial Corp. 32,235 1,171,742 Fannie Mae 16,511 1,078,664 Franklin Resources, Inc. 1,770 234,472 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Freddie Mac 42,225 $ 2,563,058 Goldman Sachs Group, Inc. 4,793 1,038,883 JPMorgan Chase & Co. 160,229 7,763,095 Legg Mason, Inc. 1,953 192,136 Lehman Brothers Holdings, Inc. 5,422 404,047 Merrill Lynch & Co., Inc. 15,856 1,325,244 Morgan Stanley 23,581 1,977,974 SLM Corp. 1,290 74,278 T. Rowe Price Group, Inc. 5,769 299,353 ------------- Total Diversified Financial Services 36,582,782 ------------- Electric--5.4% Ameren Corp. 18,966 929,524 American Electric Power Co., Inc. 23,349 1,051,639 Consolidated Edison, Inc. 19,247 868,425 Constellation Energy Group, Inc. 6,376 555,796 Dominion Resources, Inc. 18,996 1,639,545 DTE Energy Co. 12,221 589,297 Duke Energy Corp. 79,598 1,456,643 Edison International 12,109 679,557 Entergy Corp. 7,691 825,629 Exelon Corp. 27,774 2,016,392 FirstEnergy Corp. 15,108 977,941 FPL Group, Inc. 17,912 1,016,327 PG&E Corp. 15,746 713,294 PPL Corp. 18,142 848,864 Progress Energy, Inc. 20,224 922,012 Public Service Enterprise Group, Inc. 13,450 1,180,641 Southern Co. 62,942 2,158,280 TXU Corp. 11,089 746,290 Xcel Energy, Inc. 25,160 515,025 ------------- Total Electric 19,691,121 ------------- Electrical Components & Equipment--0.4% Emerson Electric Co. 30,537 1,429,132 ------------- Engineering & Construction--0.1% Fluor Corp. 1,477 164,493 ------------- Entertainment--0.1% International Game Technology 6,881 273,176 ------------- Environmental Control--0.0% Waste Management, Inc. 2,187 85,402 ------------- Food--1.8% Campbell Soup Co. 13,329 517,299 ConAgra Foods, Inc. 22,457 603,195 General Mills, Inc. 15,621 912,580 H.J. Heinz Co. Ltd. 16,427 779,790 Hershey Co. (The) 6,799 344,165 Kellogg Co. 16,109 834,285 Kraft Foods, Inc. Class A 9,899 348,940 Kroger Co. (The) 14,830 417,168 Safeway, Inc. 5,767 196,251 Sara Lee Corp. 28,498 495,865 SYSCO Corp. 20,581 678,967 Wm. Wrigley Jr. Co. 7,088 392,037 ------------- Total Food 6,520,542 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Forest Products & Paper--0.5% International Paper Co. 21,621 $ 844,300 Weyerhaeuser Co. 13,803 1,089,471 ------------- Total Forest Products & Paper 1,933,771 ------------- Gas--0.2% Sempra Energy 9,341 553,267 ------------- Healthcare-Products--2.4% Baxter International, Inc. 13,365 752,984 Becton, Dickinson & Co. 5,283 393,584 Biomet, Inc. 3,131 143,149 C.R. Bard, Inc. 1,170 96,677 Johnson & Johnson 103,713 6,390,795 Medtronic, Inc. 15,258 791,280 Stryker Corp. 1,770 111,669 ------------- Total Healthcare-Products 8,680,138 ------------- Healthcare-Services--0.0% Aetna, Inc. 218 10,769 UnitedHealth Group, Inc. 208 10,637 ------------- Total Healthcare-Services 21,406 ------------- Home Builders--0.0% Pulte Homes, Inc. 2,799 62,838 ------------- Household Products/Wares--0.6% Clorox Co. (The) 4,771 296,279 Fortune Brands, Inc. 4,727 389,363 Kimberly-Clark Corp. 21,259 1,422,015 ------------- Total Household Products/Wares 2,107,657 ------------- Housewares--0.1% Newell Rubbermaid, Inc. 12,850 378,176 ------------- Insurance--3.4% Allstate Corp. (The) 21,650 1,331,692 AMBAC Financial Group, Inc. 1,390 121,194 American Family Life Assurance Co., Inc. 13,011 668,765 American International Group, Inc. 38,354 2,685,930 AON Corp. 8,678 369,770 Chubb Corp. (The) 12,489 676,154 Cigna Corp. 153 7,990 Genworth Financial, Inc. Class A 8,328 286,483 Hartford Financial Services Group, Inc. (The) 11,641 1,146,755 Lincoln National Corp. 10,835 768,743 Loews Corp. 4,208 214,524 Marsh & McLennan Cos., Inc. 18,742 578,753 MBIA, Inc. 4,105 255,413 Metlife, Inc. 12,008 774,276 Principal Financial Group, Inc. 6,172 359,766 Progressive Corp. (The) 280 6,700 Prudential Financial, Inc. 8,687 844,637 Travelers Cos., Inc. (The) 21,761 1,164,214 ------------- Total Insurance 12,261,759 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Iron/Steel--0.0% Allegheny Technologies, Inc. 288 $ 30,205 Nucor Corp. 589 34,545 United States Steel Corp. 820 89,175 ------------- Total Iron/Steel 153,925 ------------- Leisure Time--0.1% Harley-Davidson, Inc. 4,654 277,425 ------------- Lodging--0.3% Harrah's Entertainment, Inc. 6,015 512,839 Hilton Hotels Corp. 3,714 124,308 Marriott International, Inc. Class A 3,393 146,713 Starwood Hotels & Resorts Worldwide, Inc. 4,357 292,224 ------------- Total Lodging 1,076,084 ------------- Machinery-Construction & Mining--0.4% Caterpillar, Inc. 19,802 1,550,497 ------------- Machinery-Diversified--0.3% Deere & Co. 6,709 810,045 Rockwell Automation, Inc. 5,052 350,811 ------------- Total Machinery-Diversified 1,160,856 ------------- Media--1.6% CBS Corp. Class B 33,040 1,100,893 Citadel Broadcasting Corp. 2,343 15,112 Clear Channel Communications, Inc. 16,571 626,715 Gannett Co., Inc. 10,725 589,339 McGraw-Hill Cos., Inc. (The) 6,046 411,612 News Corp. Class A 19,943 422,991 News Corp. Class B 7,847 180,010 Time Warner, Inc. (a) 68,193 1,434,781 Walt Disney Co. (The) 30,501 1,041,304 ------------- Total Media 5,822,757 ------------- Metal Fabricate/Hardware--0.0% Precision Castparts Corp. 139 16,869 ------------- Mining--2.1% Alcoa, Inc. 26,222 1,062,778 Freeport-McMoRan Copper & Gold, Inc. Class B 7,064 585,040 Newmont Mining Corp. 15,881 620,312 Southern Copper Corp. (a) 53,770 5,068,360 Vulcan Materials Co. 2,644 302,844 ------------- Total Mining 7,639,334 ------------- Miscellaneous Manufacturing--6.5% 3M Co. 28,642 2,485,839 Danaher Corp. 146 11,023 Dover Corp. 5,170 264,446 Eaton Corp. 4,816 447,888 General Electric Co. 459,152 17,576,338 Honeywell International, Inc. 27,136 1,527,214 Illinois Tool Works, Inc. 15,867 859,833 ITT Industries, Inc. 390 26,629 Parker Hannifin Corp. 1,782 174,476 Textron, Inc. 3,280 361,161 ------------- Total Miscellaneous Manufacturing 23,734,847 ------------- See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Office/Business Equipment--0.1% Pitney Bowes, Inc. 9,701 $ 454,201 ------------- Oil & Gas--8.6% Apache Corp. 12,239 998,580 Chesapeake Energy Corp. 5,620 194,452 Chevron Corp. 98,551 8,301,936 ConocoPhillips 61,785 4,850,123 Devon Energy Corp. 6,623 518,515 Diamond Offshore Drilling, Inc. 1,303 132,333 ENSCO International, Inc. 202 12,324 EOG Resources, Inc. 4,591 335,418 Exxon Mobil Corp. 152,765 12,813,927 Hess Corp. 3,506 206,714 Marathon Oil Corp. 18,714 1,122,091 Murphy Oil Corp. 4,810 285,906 Noble Energy, Inc. 3,228 201,395 Occidental Petroleum Corp. 10,340 598,479 Valero Energy Corp. 5,524 408,003 XTO Energy, Inc. 4,047 243,225 ------------- Total Oil & Gas 31,223,421 ------------- Oil & Gas Services--0.0% Smith International, Inc. 2,520 147,773 ------------- Pharmaceuticals--8.4% Abbott Laboratories 61,022 3,267,728 Allergan, Inc. 686 39,541 AmerisourceBergen Corp. 724 35,816 Bristol-Myers Squibb Co. 162,032 5,113,730 Cardinal Health, Inc. 3,565 251,832 Eli Lilly & Co. 53,113 2,967,954 Merck & Co., Inc. 116,520 5,802,696 Pfizer, Inc. 396,112 10,128,583 Schering-Plough Corp. 3,889 118,381 Wyeth 45,578 2,613,443 ------------- Total Pharmaceuticals 30,339,704 ------------- Pipelines--0.2% El Paso Corp. 11,647 200,678 Williams Cos., Inc. (The) 12,158 384,436 ------------- Total Pipelines 585,114 ------------- REITS--1.5% Archstone-Smith Trust 9,963 588,913 AvalonBay Communities, Inc. 2,687 319,431 Boston Properties, Inc. 4,286 437,729 Equity Residential 15,269 696,724 General Growth Properties, Inc. 12,418 657,533 Host Hotels & Resorts, Inc. 25,959 600,172 Kimco Realty Corp. 204 7,766 ProLogis 9,528 542,143 Public Storage, Inc. 92 7,067 Simon Property Group, Inc. 10,366 964,454 Vornado Realty Trust 6,016 660,797 ------------- Total REITS 5,482,729 ------------- See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Retail--4.0% Best Buy Co., Inc. 98 $ 4,574 Costco Wholesale Corp. 7,672 448,965 CVS Corp. 16,754 610,683 Home Depot, Inc. (The) 76,904 3,026,173 J.C. Penney Co., Inc. 3,294 238,420 Lowe's Cos., Inc. 17,392 533,760 Macy's, Inc. 10,355 411,922 McDonald's Corp. (a) 46,298 2,350,086 Nordstrom, Inc. 3,936 201,208 Staples, Inc. 10,179 241,548 Target Corp. 11,160 709,776 TJX Cos., Inc. 7,892 217,030 Walgreen Co. 13,243 576,600 Wal-Mart Stores, Inc. 95,211 4,580,602 Yum! Brands, Inc. 8,100 265,032 ------------- Total Retail 14,416,379 ------------- Savings & Loans--0.9% Sovereign Bancorp, Inc. 31,949 675,402 Washington Mutual, Inc. 57,315 2,443,911 ------------- Total Savings & Loans 3,119,313 ------------- Semiconductors--2.0% Analog Devices, Inc. 10,470 394,091 Applied Materials, Inc. 24,306 482,960 Intel Corp. 196,950 4,679,531 KLA -Tencor Corp. 2,880 158,256 Linear Technology Corp. 9,047 327,320 Maxim Integrated Products, Inc. 10,477 350,037 National Semiconductor Corp. 3,643 102,988 Texas Instruments, Inc. 12,633 475,380 Xilinx, Inc. 7,557 202,301 ------------- Total Semiconductors 7,172,864 ------------- Software--2.2% Automatic Data Processing, Inc. 15,695 760,737 CA, Inc. 6,980 180,293 First Data Corp. 12,117 395,862 Mastercard, Inc. Class A 196 32,511 Microsoft Corp. 210,691 6,209,064 Paychex, Inc. 12,751 498,819 ------------- Total Software 8,077,286 ------------- Telecommunications--7.1% ALLTEL Corp. 5,173 349,436 AT&T, Inc. 335,678 13,930,637 Embarq Corp. 9,134 578,822 QUALCOMM, Inc. 34,063 1,477,994 Sprint Nextel Corp. 26,766 554,324 Verizon Communications, Inc. 212,730 8,758,094 Virgin Media, Inc. 1,490 36,311 ------------- Total Telecommunications 25,685,618 ------------- Toys/Games/Hobbies--0.1% Mattel, Inc. 17,951 453,981 ------------- Transportation--1.1% Burlington Northern Santa Fe Corp. 7,531 641,189 C.H. Robinson Worldwide, Inc. 4,847 254,564 CSX Corp. 7,557 340,670 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(concluded) WisdomTree LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Expeditors International Washington, Inc. 2,184 $ 90,199 FedEx Corp. 1,526 169,340 Norfolk Southern Corp. 9,124 479,649 Union Pacific Corp. 5,669 652,785 United Parcel Service, Inc. Class B 20,427 1,491,172 ------------- Total Transportation 4,119,568 ------------- TOTAL COMMON STOCKS (Cost: $344,552,517) 361,951,387 ============= SHORT-TERM INVESTMENT--0.6% MONEY MARKET FUND(b)--0.6% Columbia Cash Reserves Fund, 4.96% (Cost: $2,298,751) 2,298,751 2,298,751 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--2.4% MONEY MARKET FUNDS(c)--2.4% AIM Liquid Assets Portfolio, 5.18% 1,678 1,678 AIM Prime Portfolio, 5.22%, 16,228 16,228 UBS Enhanced Yield Portfolio, 5.27% 5,817,273 5,817,273 UBS Private Money Market Fund LLC, 5.25% 2,944,614 2,944,614 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $8,779,793)(d) 8,779,793 ============= TOTAL INVESTMENTS IN SECURITIES--102.8% (Cost: $355,631,061)(e) 373,029,931 Liabilities in Excess of Other Assets--(2.8)% (10,353,506) ------------- NET ASSETS--100.0% $ 362,676,425 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $8,536,604 and the total market value of the collateral held by the Fund was $8,779,793. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 8 WisdomTree LargeCap Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 28.4% Consumer Non-Cyclical 21.4% Industrial 11.0% Energy 8.9% Communications 8.8% Technology 5.7% Utilities 5.6% Consumer Cyclical 5.3% Basic Materials 4.8% Other 0.1% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.5% Advertising--0.1% Harte-Hanks, Inc. 2,188 $ 56,188 ------------- Aerospace/Defense--0.5% DRS Technologies, Inc. 1,516 86,821 Goodrich Corp. 6,549 390,059 ------------- Total Aerospace/Defense 476,880 ------------- Agriculture--0.8% Loews Corp. 9,525 735,997 ------------- Apparel--0.6% Columbia Sportswear Co. 1,119 76,853 Jones Apparel Group, Inc. 5,482 154,867 Liz Claiborne, Inc. 3,060 114,138 Phillips-Van Heusen Corp. 307 18,595 Polo Ralph Lauren Corp. 1,231 120,773 Wolverine World Wide, Inc. 1,790 49,601 ------------- Total Apparel 534,827 ------------- Auto Manufacturers--0.1% Oshkosh Truck Corp. 1,718 108,097 ------------- Auto Parts & Equipment--0.2% BorgWarner, Inc. 2,041 175,608 ------------- Banks--7.5% Associated Banc-Corp 13,421 438,867 BancorpSouth, Inc. 6,881 168,309 Bank of Hawaii Corp. 4,699 242,656 BOK Financial Corp. 2,213 118,218 Cathay General Bancorp 1,613 54,100 City National Corp. 3,422 260,380 Colonial BancGroup, Inc. (The) 12,496 312,025 Commerce Bancorp, Inc. 7,680 284,083 Commerce Bancshares, Inc. 4,017 181,970 Compass Bancshares, Inc. 10,607 731,670 Cullen/Frost Bankers, Inc. 4,139 221,312 East West Bancorp, Inc. 1,116 43,390 First Citizens BancShares, Inc. Class A 172 33,437 First Horizon National Corp. 16,589 646,971 First Midwest Bancorp, Inc. 4,645 164,944 FirstMerit Corp. 11,847 247,958 Fulton Financial Corp. 18,659 269,063 Hancock Holding Co. 1,793 67,327 Huntington Bancshares, Inc. 28,851 656,071 International Bancshares Corp. 4,637 118,800 People's United Financial, Inc. 20,247 358,979 South Financial Group, Inc. (The) 7,652 173,241 TCF Financial Corp. 13,720 381,416 Trustmark Corp. 4,739 122,551 Umpqua Holdings Corp. 3,302 77,630 Valley National Bancorp 11,850 266,507 Webster Financial Corp. 3,710 158,306 Whitney Holding Corp. 6,566 197,637 Wilmington Trust Corp. 6,145 255,079 ------------- Total Banks 7,252,897 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Beverages--1.4% Brown-Forman Corp. Class A 2,806 $ 212,891 Brown-Forman Corp. Class B 3,321 242,699 Molson Coors Brewing Co. Class B 3,629 335,537 Pepsi Bottling Group, Inc. 9,931 334,476 PepsiAmericas, Inc. 8,918 219,026 ------------- Total Beverages 1,344,629 ------------- Building Materials--0.7% Eagle Materials, Inc. 2,381 116,788 Florida Rock Industries, Inc. 2,707 182,723 Lennox International, Inc. 2,860 97,898 Martin Marietta Materials, Inc. 1,555 251,941 Texas Industries, Inc. 367 28,776 ------------- Total Building Materials 678,126 ------------- Chemicals--4.0% Airgas, Inc. 1,552 74,341 Albemarle Corp. 2,952 113,741 Ashland, Inc. 3,101 198,309 Cabot Corp. 3,227 153,863 Celanese Corp. Series A 3,522 136,583 Chemtura Corp. 14,878 165,295 Cytec Industries, Inc. 1,053 67,150 Eastman Chemical Co. 7,168 461,117 FMC Corp. 1,184 105,838 International Flavors & Fragrances, Inc. 4,709 245,527 Kronos Worldwide, Inc. 3,926 99,132 Lubrizol Corp. 4,444 286,860 Lyondell Chemical Co. 27,947 1,037,392 RPM International, Inc. 12,477 288,343 Sigma-Aldrich Corp. 4,284 182,798 Valhi, Inc. 5,224 85,151 Valspar Corp. (The) 4,776 135,686 Westlake Chemical Corp. 1,019 28,654 ------------- Total Chemicals 3,865,780 ------------- Coal--0.4% Arch Coal, Inc. 2,885 100,398 CONSOL Energy, Inc. 4,081 188,175 Foundation Coal Holdings, Inc. 794 32,268 Massey Energy Co. 1,650 43,973 ------------- Total Coal 364,814 ------------- Commercial Services--1.7% Corporate Executive Board Co. 1,478 95,937 DeVry, Inc. 817 27,794 Equifax, Inc. 1,522 67,607 Manpower, Inc. 2,408 222,114 Pharmaceutical Product Development, Inc. 1,815 69,460 Robert Half International, Inc. 4,153 151,585 Service Corp. International 11,223 143,430 ServiceMaster Co. (The) 31,182 482,074 Sotheby's Class A 2,454 112,933 Watson Wyatt Worldwide, Inc. Class A 752 37,961 Weight Watchers International, Inc. 4,186 212,816 ------------- Total Commercial Services 1,623,711 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Computers--0.3% Diebold, Inc. 3,655 $ 190,791 Factset Research Systems, Inc. 654 44,701 Jack Henry & Associates, Inc. 2,397 61,723 ------------- Total Computers 297,215 ------------- Cosmetics/Personal Care--0.4% Alberto-Culver Co. 9,533 226,123 Estee Lauder Cos., Inc. (The) Class A 4,337 197,377 ------------- Total Cosmetics/Personal Care 423,500 ------------- Distribution/Wholesale--0.8% CDW Corp.* 1,675 142,325 Fastenal Co. (a) 4,990 208,881 Pool Corp. (a) 1,652 64,478 W.W. Grainger, Inc. 4,120 383,366 ------------- Total Distribution/Wholesale 799,050 ------------- Diversified Financial Services--3.6% A.G. Edwards, Inc. 3,094 261,598 Eaton Vance Corp. 5,683 251,075 Federated Investors, Inc. Class B 6,732 258,038 First Marblehead Corp. (The) (a) 2,702 104,405 Greenhill & Co., Inc. (a) 895 61,495 IndyMac Bancorp, Inc. (a) 9,312 271,631 International Securities Exchange, Inc. 254 16,599 Janus Capital Group, Inc. 542 15,089 Jefferies Group, Inc. 5,799 156,457 National Financial Partners Corp. 1,741 80,626 Nuveen Investments, Inc. Class A 4,442 276,070 optionsXpress Holdings, Inc. 1,532 39,311 Raymond James Financial, Inc. 4,844 149,680 Student Loan Corp. 1,940 395,566 Thornburg Mortgage, Inc. (a) 38,178 999,500 Waddell & Reed Financial, Inc. Class A 5,960 155,020 ------------- Total Diversified Financial Services 3,492,160 ------------- Electric--8.6% Alliant Energy Corp. 11,708 454,856 CenterPoint Energy, Inc. 35,232 613,036 DPL, Inc. 12,239 346,853 Energy East Corp. 21,764 567,822 Great Plains Energy, Inc. 12,639 368,048 Hawaiian Electric Industries, Inc. 10,948 259,358 IDACORP, Inc. 3,787 121,335 Integrys Energy Group, Inc. 10,516 533,477 ITC Holdings Corp. 3,513 142,733 MDU Resources Group, Inc. 11,016 308,889 Northeast Utilities 12,348 350,189 NSTAR 11,970 388,427 OGE Energy Corp. 9,630 352,940 Pepco Holdings, Inc. 23,313 657,426 Pinnacle West Capital Corp. 12,969 516,815 PNM Resources, Inc. 5,952 165,406 Portland General Electric Co. 5,914 162,280 Puget Energy, Inc. 14,268 345,000 SCANA Corp. 14,061 538,396 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- TECO Energy, Inc. 28,160 $ 483,789 Westar Energy, Inc. 10,065 244,378 Wisconsin Energy Corp. 7,784 344,286 ------------- Total Electric 8,265,739 ------------- Electrical Components & Equipment--0.6% AMETEK, Inc. 2,108 83,645 Belden CDT, Inc. 597 33,044 Hubbell, Inc. Class B 3,921 212,598 Molex, Inc. 3,326 99,813 Molex, Inc. Class A 2,562 68,021 National Instruments Corp. 1,981 64,521 ------------- Total Electrical Components & Equipment 561,642 ------------- Electronics--0.9% Amphenol Corp. Class A 978 34,866 Applera Corp. 2,536 77,449 AVX Corp. 5,875 98,348 Brady Corp. Class A 2,014 74,800 Gentex Corp. 9,744 191,859 Jabil Circuit, Inc. 6,109 134,826 PerkinElmer, Inc. 6,370 166,002 Tektronix, Inc. 1,900 64,106 ------------- Total Electronics 842,256 ------------- Engineering & Construction--0.1% Granite Construction, Inc. 926 59,431 ------------- Entertainment--0.3% International Speedway Corp. Class A 1,811 95,458 Speedway Motorsports, Inc. 1,163 46,497 Warner Music Group Corp. 9,171 132,521 ------------- Total Entertainment 274,476 ------------- Environmental Control--0.3% Republic Services, Inc. 8,942 273,983 ------------- Food--2.2% Corn Products International, Inc. 2,182 99,172 Del Monte Foods Co. 9,146 111,215 Flowers Foods, Inc. 3,975 132,606 Hormel Foods Corp. 6,257 233,699 J.M. Smucker Co. (The) 4,437 282,459 McCormick & Co., Inc. 7,164 273,522 Pilgrim's Pride Corp. 763 29,124 Seaboard Corp. 7 16,415 SUPERVALU Inc. 11,630 538,702 Tyson Foods, Inc. Class A 8,209 189,135 Whole Foods Market, Inc. (a) 6,769 259,253 ------------- Total Food 2,165,302 ------------- Forest Products & Paper--2.3% Louisiana-Pacific Corp. 8,816 166,799 MeadWestvaco Corp. 17,185 606,974 Plum Creek Timber Co., Inc. 22,997 958,055 Temple-Inland, Inc. 8,183 503,500 ------------- Total Forest Products & Paper 2,235,328 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Gas--3.9% AGL Resources, Inc. 9,065 $ 366,951 Atmos Energy Corp. 9,406 282,744 Energen Corp. 2,045 112,352 KeySpan Corp. 23,487 985,985 Nicor, Inc. 5,185 222,540 NiSource, Inc. 32,736 677,964 Piedmont Natural Gas Co., Inc. (a) 7,551 186,132 Southern Union Co. 5,631 183,514 UGI Corp. 7,798 212,729 Vectren Corp. 10,195 274,551 WGL Holdings, Inc. 7,350 239,904 ------------- Total Gas 3,745,366 ------------- Hand/Machine Tools--1.2% Black & Decker Corp. (The) 3,551 313,589 Kennametal, Inc. 1,581 129,689 Lincoln Electric Holdings, Inc. 1,911 141,873 Snap-On, Inc. 3,916 197,797 Stanley Works (The) 5,979 362,925 ------------- Total Hand/Machine Tools 1,145,873 ------------- Healthcare-Products--0.9% Bausch & Lomb, Inc. 1,655 114,923 Beckman Coulter, Inc. 1,813 117,265 Cooper Cos., Inc. (The) 1,775 94,643 Dade Behring Holdings, Inc. 1,353 71,871 DENTSPLY International, Inc. 2,273 86,965 Hillenbrand Industries, Inc. 3,485 226,525 Mentor Corp. 1,741 70,824 STERIS Corp. 2,613 79,958 ------------- Total Healthcare-Products 862,974 ------------- Healthcare-Services--1.0% Brookdale Senior Living, Inc. (a) 11,808 538,091 Health Management Associates, Inc. Class A 8,541 97,026 Manor Care, Inc. 2,901 189,406 Universal Health Services, Inc. Class B 1,522 93,603 ------------- Total Healthcare-Services 918,126 ------------- Holding Companies-Diversified--0.2% Leucadia National Corp. 4,642 163,631 Walter Industries, Inc. 417 12,076 ------------- Total Holding Companies-Diversified 175,707 ------------- Home Builders--0.7% Beazer Homes USA, Inc. 735 18,132 Centex Corp. 880 35,288 KB Home 5,210 205,119 Lennar Corp. Class A 4,499 164,483 MDC Holdings, Inc. 2,344 113,356 Ryland Group, Inc. (The) 1,193 44,582 Standard-Pacific Corp. 825 14,462 Thor Industries, Inc. 1,049 47,352 ------------- Total Home Builders 642,774 ------------- See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Home Furnishings--0.6% Harman International Industries, Inc. 382 $ 44,618 Whirlpool Corp. 4,739 526,976 ------------- Total Home Furnishings 571,594 ------------- Household Products/Wares--0.7% Avery Dennison Corp. 7,654 508,838 Church & Dwight Co., Inc. 1,383 67,020 Scotts Miracle-Gro Co. (The) Class A 2,017 86,610 ------------- Total Household Products/Wares 662,468 ------------- Housewares--0.1% Toro Co. (The) 1,090 64,190 ------------- Insurance--6.6% American Financial Group, Inc. 3,855 131,648 American National Insurance Co. 2,183 333,126 Arthur J. Gallagher & Co. (a) 11,987 334,198 Assurant, Inc. 2,644 155,784 Brown & Brown, Inc. 3,992 100,359 Commerce Group, Inc. 6,509 225,992 Delphi Financial Group, Inc. Class A 927 38,767 Erie Indemnity Co. Class A 4,344 234,750 Fidelity National Title Group, Inc. Class A 34,799 824,736 First American Corp. 5,360 265,320 Hanover Insurance Group, Inc. (The) 1,027 50,107 HCC Insurance Holdings, Inc. 4,182 139,721 Mercury General Corp. 5,772 318,095 MGIC Investment Corp. 4,258 242,110 Nationwide Financial Services, Inc. Class A 2,851 180,240 Odyssey Re Holdings Corp. 689 29,551 Ohio Casualty Corp. 2,432 105,330 Old Republic International Corp. 18,097 384,742 Phoenix Cos., Inc. (The) 3,025 45,405 PMI Group, Inc. (The) 1,089 48,646 Protective Life Corp. 3,662 175,080 Radian Group, Inc. 222 11,988 Reinsurance Group of America, Inc. 1,290 77,710 Safeco Corp. 6,920 430,839 StanCorp Financial Group, Inc. 2,211 116,033 Torchmark Corp. 2,440 163,480 Transatlantic Holdings, Inc. 1,708 121,490 Unitrin, Inc. 7,116 349,965 UnumProvident Corp. 14,823 387,029 W.R. Berkley Corp. 2,694 87,663 Wesco Financial Corp. 178 68,530 Zenith National Insurance Corp. 3,203 150,829 ------------- Total Insurance 6,329,263 ------------- Investment Companies--3.1% Allied Capital Corp. (a) 36,248 1,122,238 American Capital Strategies Ltd. 34,362 1,461,072 Apollo Investment Corp. 20,711 445,701 ------------- Total Investment Companies 3,029,011 ------------- Iron/Steel--0.5% Carpenter Technology Corp. 754 98,254 Chaparral Steel Co. 1,219 87,610 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Cleveland-Cliffs, Inc. 1,290 $ 100,194 Reliance Steel & Aluminum Co. 1,510 84,953 Steel Dynamics, Inc. 3,400 142,493 ------------- Total Iron/Steel 513,504 ------------- Leisure Time--0.4% Brunswick Corp. 5,531 180,476 Polaris Industries, Inc. 3,235 175,208 ------------- Total Leisure Time 355,684 ------------- Lodging--0.6% Ameristar Casinos, Inc. 2,081 72,294 Boyd Gaming Corp. 3,303 162,475 Choice Hotels International, Inc. 2,628 103,859 Station Casinos, Inc. 2,968 257,621 ------------- Total Lodging 596,249 ------------- Machinery-Construction & Mining--0.3% Joy Global, Inc. 4,809 280,509 ------------- Machinery-Diversified--0.7% Cummins, Inc. 3,708 375,287 Graco, Inc. 2,662 107,225 IDEX Corp. 2,968 114,387 Manitowoc Co., Inc. (The) 488 39,225 Nordson Corp. 1,419 71,177 ------------- Total Machinery-Diversified 707,301 ------------- Media--1.4% CBS Corp. Class A 4,904 163,450 Dow Jones & Co., Inc. 5,255 301,900 E.W. Scripps Co. (The) Class A 3,655 166,997 John Wiley & Sons, Inc. Class A 1,479 71,421 McClatchy Co. Class A (a) 3,108 78,663 Meredith Corp. 1,394 85,870 New York Times Co. (The) Class A (a) 12,248 311,100 Washington Post Co. (The) Class B 260 201,783 ------------- Total Media 1,381,184 ------------- Metal Fabricate/Hardware--0.5% Commercial Metals Co. 2,774 93,678 Timken Co. (The) 5,830 210,521 Worthington Industries, Inc. 9,773 211,586 ------------- Total Metal Fabricate/Hardware 515,785 ------------- Miscellaneous Manufacturing--2.7% Acuity Brands, Inc. 1,651 99,522 AptarGroup, Inc. 2,892 102,840 Brink's Co. (The) 600 37,134 Carlisle Cos., Inc. 2,191 101,903 CLARCOR, Inc. 1,385 51,841 Crane Co. 2,742 124,624 Donaldson Co., Inc. 2,441 86,778 Eastman Kodak Co. 16,818 468,045 Harsco Corp. 4,746 246,792 Leggett & Platt, Inc. 15,116 333,308 Pall Corp. 5,455 250,875 Pentair, Inc. 5,026 193,853 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Roper Industries, Inc. 1,348 $ 76,971 SPX Corp. 2,768 243,058 Teleflex, Inc. 1,980 161,924 Trinity Industries, Inc. 1,358 59,127 ------------- Total Miscellaneous Manufacturing 2,638,595 ------------- Office Furnishings--0.1% Herman Miller, Inc. 1,819 57,480 HNI Corp. 2,208 90,528 ------------- Total Office Furnishings 148,008 ------------- Office/Business Equipment--0.1% IKON Office Solutions, Inc. 3,425 53,464 ------------- Oil & Gas--1.1% Cabot Oil & Gas Corp. 980 36,142 Cimarex Energy Co. 1,120 44,139 Frontier Oil Corp. 1,148 50,248 Helmerich & Payne, Inc. 2,388 84,583 Holly Corp. 1,590 117,962 Patterson-UTI Energy, Inc. 5,440 142,583 Pioneer Natural Resources Co. 2,353 114,615 Pogo Producing Co. 924 46,930 Range Resources Corp. 1,235 46,201 Rowan Cos., Inc. 3,702 151,709 St. Mary Land & Exploration Co. 363 13,293 Tesoro Corp. 2,386 136,360 W&T Offshore, Inc. 863 24,155 Western Refining, Inc. 1,053 60,863 ------------- Total Oil & Gas 1,069,783 ------------- Oil & Gas Services--0.1% Tidewater, Inc. 1,940 137,507 ------------- Packaging & Containers--1.3% Ball Corp. 2,838 150,897 Bemis Co. 6,914 229,407 Packaging Corp. of America 14,396 364,362 Sealed Air Corp. 4,734 146,849 Silgan Holdings, Inc. 1,261 69,708 Sonoco Products Co. 7,637 326,940 ------------- Total Packaging & Containers 1,288,163 ------------- Pharmaceuticals--0.0% Medicis Pharmaceutical Corp. Class A 525 16,034 Omnicare, Inc. 796 28,703 ------------- Total Pharmaceuticals 44,737 ------------- Pipelines--1.4% Equitable Resources, Inc. 7,324 362,977 National Fuel Gas Co. 8,041 348,256 ONEOK, Inc. 9,728 490,389 Questar Corp. 2,760 145,866 ------------- Total Pipelines 1,347,488 ------------- See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Real Estate--0.3% Forest City Enterprises, Inc. Class A 1,061 $ 65,230 Jones Lang LaSalle, Inc. 855 97,043 St. Joe Co. (The) (a) 2,791 129,335 ------------- Total Real Estate 291,608 ------------- REITS--18.2% Alexandria Real Estate Equities, Inc. (a) 2,466 238,758 AMB Property Corp. 8,088 430,443 Apartment Investment & Management Co. Class A 12,105 610,334 BioMed Realty Trust, Inc. 7,866 197,594 Brandywine Realty Trust 13,417 383,458 BRE Properties, Inc. Class A 4,714 279,493 Camden Property Trust 5,681 380,457 CBL & Associates Properties, Inc. 9,345 336,887 Colonial Properties Trust 7,833 285,513 Corporate Office Properties Trust 3,068 125,819 Cousins Properties, Inc. 6,259 181,574 Crescent Real Estate Equities Co. 21,644 485,691 Developers Diversified Realty Corp. 11,895 626,985 Digital Realty Trust, Inc. 4,386 165,264 Duke Realty Corp. 18,242 650,692 Equity One, Inc. 9,560 244,258 Essex Property Trust, Inc. 1,850 215,155 Federal Realty Investment Trust 4,530 349,988 First Industrial Realty Trust, Inc. 7,358 285,196 Health Care Property Investors, Inc. 29,942 866,222 Health Care REIT, Inc. (a) 11,426 461,153 Healthcare Realty Trust, Inc. 9,121 253,381 Highwoods Properties, Inc. 6,853 256,988 Home Properties, Inc. 4,083 212,030 Hospitality Properties Trust 14,114 585,590 HRPT Properties Trust 41,330 429,832 iStar Financial, Inc. 25,430 1,127,311 Kilroy Realty Corp. 2,473 175,187 LaSalle Hotel Properties 4,501 195,433 Liberty Property Trust 13,180 578,997 Macerich Co. (The) 7,149 589,221 Mack-Cali Realty Corp. 8,978 390,453 Maguire Properties, Inc. 5,511 189,193 Nationwide Health Properties, Inc. (a) 13,444 365,677 Post Properties, Inc. 4,910 255,958 Potlatch Corp. 5,448 234,536 Rayonier, Inc. 11,103 501,189 Realty Income Corp. (a) 16,527 416,315 Regency Centers Corp. 6,327 446,054 Senior Housing Properties Trust 13,785 280,525 SL Green Realty Corp. 3,575 442,907 Strategic Hotels & Resorts, Inc. 9,987 224,608 Taubman Centers, Inc. 4,012 199,035 UDR, Inc. 14,912 392,186 Ventas, Inc. 12,962 469,873 Washington Real Estate Investment Trust 5,041 171,394 Weingarten Realty Investors 10,165 417,782 ------------- Total REITS 17,602,589 ------------- Retail--3.1% Abercrombie & Fitch Co. Class A 2,816 205,512 Advance Auto Parts, Inc. 2,039 82,641 American Eagle Outfitters, Inc. 6,531 167,585 Applebees International, Inc. 1,927 46,441 See Notes to Schedule of Investments. 9 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Barnes & Noble, Inc. 2,894 $ 111,332 bebe stores, inc 2,706 43,323 Brinker International, Inc. 4,383 128,290 Circuit City Stores, Inc. 3,155 47,577 Darden Restaurants, Inc. 5,008 220,302 Dillard's, Inc. Class A 916 32,912 Dollar General Corp. 11,987 262,756 Family Dollar Stores, Inc. 6,683 229,361 Foot Locker, Inc. 10,037 218,807 Men's Wearhouse, Inc. (The) 792 40,447 MSC Industrial Direct Co. Class A 2,408 132,440 OfficeMax, Inc. 2,836 111,455 PetSmart, Inc. 1,654 53,672 RadioShack Corp. 5,735 190,058 Regis Corp. 555 21,229 Ross Stores, Inc. 3,223 99,268 Tiffany & Co. 4,291 227,680 United Auto Group, Inc. 3,322 70,725 Wendy's International, Inc.* 3,738 137,372 Williams-Sonoma, Inc. 4,235 133,741 ------------- Total Retail 3,014,926 ------------- Savings & Loans--2.5% Astoria Financial Corp. 9,428 236,077 Capitol Federal Financial (a) 11,896 439,200 Downey Financial Corp. 529 34,903 Hudson City Bancorp, Inc. 37,943 463,663 New York Community Bancorp, Inc. (a) 56,433 960,491 NewAlliance Bancshares, Inc. 4,583 67,462 Washington Federal, Inc. 9,090 220,978 ------------- Total Savings & Loans 2,422,774 ------------- Semiconductors--0.9% Intersil Corp. Class A 4,493 141,350 Microchip Technology, Inc. 19,147 709,205 ------------- Total Semiconductors 850,555 ------------- Software--0.7% Acxiom Corp. 2,248 59,460 Fair Isaac Corp. 363 14,564 Fidelity National Information Services, Inc. 2,861 155,294 Global Payments, Inc. 330 13,085 IMS Health, Inc. 2,529 81,257 MoneyGram International, Inc. 1,545 43,183 SEI Investments Co. 4,300 124,872 Total System Services, Inc. 6,272 185,086 ------------- Total Software 676,801 ------------- Telecommunications--3.4% CenturyTel, Inc. 3,075 150,829 Citizens Communications Co. 68,070 1,039,429 Harris Corp. 4,124 224,964 Telephone & Data Systems, Inc. 2,144 134,150 Telephone & Data Systems, Inc. Special Shares 2,402 138,235 Windstream Corp. 104,904 1,548,383 ------------- Total Telecommunications 3,235,990 ------------- See Notes to Schedule of Investments. 10 Schedule of Investments (unaudited)(concluded) WisdomTree MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Textiles--0.2% Cintas Corp. 4,020 $ 158,509 ------------- Toys/Games/Hobbies--0.3% Hasbro, Inc. 8,587 269,718 ------------- Transportation--1.0% Alexander & Baldwin, Inc. 2,795 148,442 Con-way, Inc. 1,226 61,594 Florida East Coast Industries, Inc. 458 38,005 JB Hunt Transport Services, Inc. 6,723 197,119 Laidlaw International, Inc. 5,667 195,795 Landstar System, Inc. 590 28,468 Overseas Shipholding Group, Inc. 1,980 161,172 Ryder System, Inc. 2,543 136,813 ------------- Total Transportation 967,408 ------------- Trucking & Leasing--0.1% GATX Corp. 2,927 144,155 ------------- Water--0.2% Aqua America Inc. (a) 7,274 163,592 ------------- TOTAL COMMON STOCKS (Cost: $93,229,847) 95,931,568 ============= SHORT-TERM INVESTMENT--1.0% MONEY MARKET FUND--1.0% Columbia Cash Reserves Fund, 4.96%(b) (Cost: $939,822) 939,822 939,822 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--6.5% MONEY MARKET FUNDS(c)--6.5% AIM Prime Portfolio, 5.22% 16,223 16,223 UBS Enhanced Yield Portfolio, 5.27% 3,549,424 3,549,424 UBS Private Money Market Fund LLC, 5.25% 2,652,833 2,652,833 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $6,218,480)(d) 6,218,480 ============= TOTAL INVESTMENTS IN SECURITIES --107.0% (Cost: $100,388,149)(e) 103,089,870 Liabilities in Excess of Other Assets --(7.0)% (6,705,977) ------------- NET ASSETS--100.0% $ 96,383,893 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $6,012,556 and the total market value of the collateral held by the Fund was $6,218,480. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 11 WisdomTree MidCap Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 42.9% Utilities 12.6% Industrial 11.1% Consumer Non-Cyclical 9.1% Consumer Cyclical 8.0% Basic Materials 5.9% Communications 4.8% Energy 2.9% Technology 2.0% Diversified 0.2% Other 0.5% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.1% Advertising--0.2% Catalina Marketing Corp. 5,683 $ 179,015 ------------- Aerospace/Defense--0.4% Curtiss-Wright Corp. 2,853 132,979 EDO Corp. 1,013 33,297 HEICO Corp. 235 9,889 HEICO Corp. Class A 328 11,529 Kaman Corp. 5,518 172,107 Triumph Group, Inc. 579 37,907 United Industrial Corp. 934 56,021 ------------- Total Aerospace/Defense 453,729 ------------- Agriculture--1.6% Alico, Inc. 1,582 96,486 Andersons, Inc. (The) (a) 808 36,627 Universal Corp. 10,511 640,330 Vector Group Ltd. (a) 49,232 1,109,197 ------------- Total Agriculture 1,882,640 ------------- Airlines--0.1% Skywest, Inc. 3,319 79,092 ------------- Apparel--0.6% Cherokee, Inc. (a) 7,224 263,965 Delta Apparel, Inc. 1,117 20,274 Kellwood Co. 5,734 161,240 K-Swiss, Inc. Class A 1,677 47,509 Oxford Industries, Inc. 2,137 94,755 Stride Rite Corp. 5,790 117,305 Weyco Group, Inc. 1,275 34,336 ------------- Total Apparel 739,384 ------------- Auto Manufacturers--0.0% Wabash National Corp. 3,876 56,706 ------------- Auto Parts & Equipment--1.7% American Axle & Manufacturing Holdings, Inc. 17,453 516,957 ArvinMeritor, Inc. (a) 16,751 371,872 Cooper Tire & Rubber Co. 19,979 551,819 Modine Manufacturing Co. 9,486 214,384 Noble International Ltd. 2,249 45,970 Spartan Motors, Inc. 3,183 54,175 Standard Motor Products, Inc. 4,960 74,549 Superior Industries International, Inc. (a) 8,797 191,423 Titan International, Inc. 164 5,184 ------------- Total Auto Parts & Equipment 2,026,333 ------------- Banks--16.9% 1st Source Corp. 4,029 100,403 1st State Bancorp., Inc. 2,084 44,368 Access National Corp. 1,502 13,293 Alabama National BanCorp 4,731 292,565 Alliance Financial Corp. 1,805 47,508 AMCORE Financial, Inc. 5,998 173,882 American River Bankshares 1,361 32,405 Americanwest Bancorp 782 14,256 Ameris Bancorp 2,554 57,388 Arrow Financial Corp. 4,128 90,857 BancFirst Corp. 2,092 89,579 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Bancorp Rhode Island, Inc. 655 $ 25,054 BancTrust Financial Group, Inc. 2,499 52,479 Bank Mutual Corp. 14,264 164,464 Bank of Granite Corp. 4,544 75,839 Bank of the Ozarks, Inc. 2,006 55,907 Banner Corp. 2,225 75,784 Beverly Hills Bancorp, Inc. 10,719 83,822 Boston Private Financial Holdings, Inc. 4,084 109,737 Bryn Mawr Bank Corp. 1,770 40,675 Cadence Financial Corp. 5,776 112,516 Camden National Corp. 1,267 49,590 Capital City Bank Group, Inc. (a) 3,633 113,859 Capital Corp. of the West 1,014 24,295 Capitol Bancorp Ltd. 3,730 101,941 Cardinal Financial Corp. 1,092 10,778 Cass Information Systems, Inc. 1,269 46,014 Center Bancorp, Inc. 2,885 42,583 Center Financial Corp. 1,059 17,918 Centerstate Banks of Florida, Inc. (a) 857 15,512 Central Pacific Financial Corp. 7,725 255,002 Chemical Financial Corp. 8,551 221,214 Chittenden Corp. 12,550 438,623 Citizens Banking Corp. 32,876 601,630 City Holding Co. 4,838 185,441 CoBiz, Inc. 2,158 39,103 Columbia Bancorp (a) 1,461 30,666 Columbia Banking System, Inc. 2,729 79,824 Community Bank System, Inc. 10,043 201,061 Community Banks, Inc. 6,807 219,321 Community Trust Bancorp, Inc. 4,068 131,396 Corus Bankshares, Inc. (a) 25,598 441,821 CVB Financial Corp. 21,396 237,924 Enterprise Financial Services Corp. 618 15,363 Financial Institutions, Inc. 1,734 35,010 First Bancorp 5,464 102,341 First Busey Corp. (a) 5,685 113,643 First Charter Corp. 11,417 222,289 First Commonwealth Financial Corp. (a) 37,515 409,664 First Community Bancorp 7,710 441,088 First Community Bancshares, Inc. 2,987 93,165 First Financial Bancorp 15,300 229,347 First Financial Bankshares, Inc. 6,068 235,499 First Financial Corp. 3,325 97,622 First Indiana Corp. 5,130 113,476 First Merchants Corp. 6,276 150,812 First Mutual Bancshares, Inc. 942 20,941 First Republic Bank 4,781 256,548 First Security Group, Inc. 3,298 35,618 First South Bancorp, Inc. (a) 2,325 62,543 Firstbank Corp. 2,578 49,601 FNB Corp./PA (a) 32,436 542,979 FNB Corp./VA 1,476 52,988 FNB United Corp. 3,990 63,801 Fremont General Corp. (a) 24,585 264,535 Frontier Financial Corp. (a) 9,019 203,198 Gateway Financial Holdings, Inc. 1,637 23,917 GB&T Bancshares, Inc. 2,418 40,381 German American Bancorp 4,402 60,527 Glacier Bancorp, Inc. 9,633 196,032 Great Southern Bancorp, Inc. 2,788 75,415 Greater Bay Bancorp 12,818 356,853 Greene County Bancshares, Inc. 1,271 39,731 Hanmi Financial Corp. 5,296 90,350 Harleysville National Corp. 11,525 185,783 Heartland Financial USA, Inc. 2,064 50,155 Heritage Commerce Corp. 1,071 25,361 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Home Bancshares, Inc. 780 $ 17,589 Horizon Financial Corp. 2,309 50,313 IBERIABANK Corp. 2,242 110,867 Independent Bank Corp./MA 2,733 80,733 Independent Bank Corp./MI 7,714 132,758 Integra Bank Corp. 4,455 95,649 Irwin Financial Corp. 6,474 96,915 ITLA Capital Corp. 655 34,139 Lakeland Bancorp, Inc. 5,808 77,246 Lakeland Financial Corp. 2,474 52,622 Macatawa Bank Corp. 3,829 60,919 MainSource Financial Group, Inc. 5,755 96,626 MB Financial, Inc. 7,542 262,010 MBT Financial Corp. (a) 8,075 113,696 Mercantile Bank Corp. 1,199 32,493 Merchants Bancshares, Inc. 2,901 66,723 MetroCorp Bancshares, Inc. 772 16,536 Midwest Banc Holdings, Inc. (a) 5,592 81,084 Nara Bancorp, Inc. 1,302 20,741 National Penn Bancshares, Inc. 16,105 268,632 NBT Bancorp Inc. 10,765 242,858 North Valley Bancorp 1,451 34,780 Northrim Bancorp, Inc. 1,026 28,020 Oak Hill Financial, Inc. 1,430 31,403 Old National Bancorp 30,473 506,157 Old Second Bancorp, Inc. 2,329 67,914 Omega Financial Corp. 4,989 134,154 PAB Bankshares, Inc. 2,218 42,475 Pacific Capital Bancorp 13,091 353,195 Pacific Continental Corp. 2,034 32,951 Park National Corp. (a) 5,665 480,335 Patriot National Bancorp, Inc. 334 7,341 Peoples Bancorp, Inc. 2,988 80,885 Preferred Bank 1,412 56,480 PrivateBancorp, Inc. 1,234 35,539 Prosperity Bancshares, Inc. 5,245 171,826 Provident Bankshares Corp. 11,972 392,442 Renasant Corp. 3,168 72,040 Republic Bancorp, Inc. Class A 2,791 46,303 Royal Bancshares of Pennsylvania, Inc. Class A 5,208 102,650 S&T Bancorp, Inc. 8,889 292,448 S.Y. Bancorp, Inc. (a) 3,155 74,963 Sandy Spring Bancorp, Inc. 3,455 108,625 SCBT Financial Corp. 1,581 57,548 Seacoast Banking Corp. of Florida (a) 4,786 104,096 Security Bank Corp. 2,187 43,959 Sierra Bancorp. (a) 1,892 53,354 Simmons First National Corp. Class A 3,044 83,983 Southern Community Financial Corp. 4,063 35,958 Southside Bancshares, Inc. 2,168 47,089 Southwest Bancorp, Inc. 1,722 41,397 State Bancorp, Inc. 3,709 61,829 Sterling Bancorp 7,745 124,152 Sterling Bancshares, Inc. 10,319 116,707 Sterling Financial Corp./PA 1,180 12,414 Sterling Financial Corp./WA 3,162 91,508 Suffolk Bancorp 2,414 77,055 Susquehanna Bancshares, Inc. 19,148 428,341 Taylor Capital Group, Inc. 864 23,786 TIB Financial Corp. 1,476 18,967 Tompkins Trustco, Inc. 2,707 101,242 Trico Bancshares 2,871 64,196 TrustCo Bank Corp. (a) 43,710 431,855 UCBH Holdings, Inc. 8,553 156,263 UMB Financial Corp. 7,124 262,662 Union Bankshares Corp. 2,954 68,533 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- United Bankshares, Inc. 12,259 $ 389,837 United Community Banks, Inc. 3,841 99,443 United Security Bancshares (a) 1,845 37,601 Univest Corp. of Pennsylvania 3,319 74,744 USB Holding Co., Inc. 5,202 99,151 Vineyard National Bancorp 1,753 40,266 Virginia Financial Group, Inc. 2,572 57,098 Washington Banking Co 1,099 16,650 Washington Trust Bancorp, Inc. 3,715 93,655 Wells Fargo & Co. 4,492 157,984 WesBanco, Inc. 6,887 203,166 West Bancorp., Inc. (a) 5,882 93,936 West Coast Bancorp 2,121 64,457 Westamerica Bancorp (a) 9,493 419,970 Wilshire Bancorp, Inc. 2,988 36,394 Wintrust Financial Corp. 1,560 68,406 Yardville National Bancorp 1,429 48,800 ------------- Total Banks 19,887,400 ------------- Beverages--0.1% Coca-Cola Bottling Co. Consolidated 1,027 51,658 Farmer Bros. Co. 3,386 76,625 ------------- Total Beverages 128,283 ------------- Biotechnology--0.0% Cambrex Corp. 1,353 17,954 ------------- Building Materials--0.5% AAON, Inc. 1,681 53,540 Apogee Enterprises, Inc. 5,029 139,907 Comfort Systems USA, Inc. 4,107 58,237 LSI Industries Inc. 6,215 111,249 Simpson Manufacturing Co., Inc. (a) 4,878 164,583 Universal Forest Products, Inc. 532 22,482 ------------- Total Building Materials 549,998 ------------- Chemicals--3.0% A. Schulman, Inc. 6,923 168,437 Aceto Corp. 4,635 42,966 American Vanguard Corp. (a) 943 13,504 Arch Chemicals, Inc. 5,856 205,780 Balchem Corp. 584 10,611 CF Industries Holdings, Inc. 2,214 132,596 Ferro Corp. 11,937 297,589 Georgia Gulf Corp. (a) 5,283 95,675 H.B. Fuller Co. 5,460 163,199 Minerals Technologies, Inc. 659 44,120 NewMarket Corp. 1,520 73,522 NL Industries, Inc. (a) 22,084 221,282 Olin Corp. 37,191 781,010 Penford Corp. 1,225 33,430 Quaker Chemical Corp. 4,026 95,014 Sensient Technologies Corp. 12,981 329,588 Spartech Corp. 5,312 141,034 Stepan Co. 2,452 74,247 Tronox, Inc. Class A 2,544 36,583 Tronox, Inc. Class B 3,333 46,829 UAP Holding Corp. 16,819 506,925 Wellman, Inc. 12,409 37,723 ------------- Total Chemicals 3,551,664 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Commercial Services--4.0% Aaron Rents, Inc. 1,018 $ 29,726 ABM Industries, Inc. 10,870 280,555 Administaff, Inc. 2,282 76,424 Advance America, Cash Advance Centers, Inc. 25,357 449,833 Arbitron, Inc. 2,818 145,212 Bowne & Co., Inc. 3,854 75,192 CDI Corp. 3,222 103,748 Chemed Corp. 2,064 136,823 Coinmach Service Corp. Class A 23,165 306,473 Collectors Universe, Inc. 1,984 30,335 CPI Corp. 984 68,388 Deluxe Corp. 21,602 877,256 Diamond Management & Technology Consultants, Inc. 8,783 115,936 Gevity HR, Inc. 4,053 78,344 Healthcare Services Group, Inc. 6,212 183,254 Heartland Payment Systems, Inc. (a) 1,214 35,607 Jackson Hewitt Tax Service, Inc. 4,678 131,499 Kelly Services, Inc. Class A 6,045 165,996 Landauer, Inc. 3,250 160,063 MAXIMUS, Inc. 3,020 131,008 McGrath Rentcorp 5,144 173,301 Monro Muffler, Inc. 1,078 40,371 Multi-Color Corp. 328 12,894 Pre-Paid Legal Services, Inc. (a) 4,599 295,762 Rollins, Inc. 8,290 188,763 Stewart Enterprises, Inc. Class A 15,074 117,426 Strayer Education, Inc. 1,648 217,058 Thomas Group, Inc. 2,820 29,638 Viad Corp. 976 41,158 ------------- Total Commercial Services 4,698,043 ------------- Computers--0.4% Agilysys, Inc. 2,513 56,543 Imation Corp. 4,335 159,787 Integral Systems, Inc. 1,018 24,748 MTS Systems Corp. 2,238 99,971 Syntel, Inc. 3,427 104,147 ------------- Total Computers 445,196 ------------- Cosmetics/Personal Care--0.0% Inter Parfums, Inc. 1,453 38,679 ------------- Distribution/Wholesale--0.6% BlueLinx Holdings, Inc. 13,908 145,895 Building Material Holding Corp. 4,459 63,273 Owens & Minor, Inc. 7,871 275,013 Watsco, Inc. 4,700 255,680 ------------- Total Distribution/Wholesale 739,861 ------------- Diversified Financial Services--1.1% Advanta Corp. Class A 3,120 88,639 Advanta Corp. Class B 6,358 197,988 Asta Funding, Inc. (a) 737 28,323 Calamos Asset Management, Inc. Class A 3,092 79,001 Cohen & Steers, Inc. 5,158 224,115 Delta Financial Corp. (a) 4,394 53,914 Federal Agricultural Mortgage Corp. Class C 1,273 43,562 Financial Federal Corp. 3,755 111,974 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Friedman, Billings, Ramsey Group, Inc. 44,002 $ 240,251 GAMCO Investors, Inc. Class A 239 13,396 Sanders Morris Harris Group, Inc. 3,220 37,481 SWS Group, Inc. 3,726 80,556 Westwood Holdings Group, Inc. 1,598 54,588 ------------- Total Diversified Financial Services 1,253,788 ------------- Electric--3.7% ALLETE, Inc. 9,703 456,526 Avista Corp. 10,454 225,284 Black Hills Corp. 13,468 535,352 Central Vermont Public Service Corp. 4,345 163,720 CH Energy Group, Inc. 6,674 300,130 Cleco Corp. 20,548 503,426 Empire District Electric Co. (The) 15,962 357,070 MGE Energy, Inc. 8,450 276,062 NorthWestern Corp. 12,668 402,969 Ormat Technologies, Inc. 1,463 55,126 Otter Tail Corp. 11,017 353,315 UIL Holdings Corp. 10,335 342,089 UniSource Energy Corp. 8,370 275,289 Unitil Corp. 4,012 109,126 ------------- Total Electric 4,355,484 ------------- Electrical Components & Equipment--0.2% Hubbell, Inc. Class A 2,269 122,753 Insteel Industries, Inc. 1,029 18,522 Vicor Corp. 3,573 47,271 ------------- Total Electrical Components & Equipment 188,546 ------------- Electronics--0.8% Analogic Corp. 1,133 83,287 Badger Meter, Inc. (a) 1,798 50,811 Bel Fuse, Inc. Class B 410 13,952 CTS Corp. 3,458 43,778 Cubic Corp. 2,044 61,688 Daktronics, Inc. 581 12,480 Frequency Electronics, Inc. 1,660 17,496 Keithley Instruments, Inc. 1,967 24,686 Methode Electronics, Inc. 6,843 107,093 Park Electrochemical Corp. 2,046 57,656 Sypris Solutions, Inc. 3,602 28,888 Technitrol, Inc. 5,379 154,216 Watts Water Technologies, Inc. Class A 2,625 98,359 Woodward Governor Co. 3,765 202,068 ------------- Total Electronics 956,458 ------------- Energy-Alternate Sources--0.0% MGP Ingredients, Inc. 1,596 26,972 ------------- Entertainment--1.0% Carmike Cinemas, Inc. 1,176 25,825 Churchill Downs, Inc. 1,719 90,041 Dover Downs Gaming & Entertainment, Inc. 1,959 29,405 Regal Entertainment Group Class A (a) 45,211 991,477 ------------- Total Entertainment 1,136,748 ------------- See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Environmental Control--0.6% American Ecology Corp. 5,270 $ 112,883 Metal Management, Inc. 2,210 97,395 Met-Pro Corp. 1,903 29,896 Mine Safety Appliances Co. 8,238 360,495 Waste Industries USA, Inc. 1,750 59,745 ------------- Total Environmental Control 660,414 ------------- Food--1.4% Arden Group, Inc. Class A 246 33,554 Cal-Maine Foods, Inc. 1,148 18,804 Diamond Foods, Inc. 1,201 21,078 Imperial Sugar Co. 1,296 39,904 Ingles Markets, Inc. Class A 2,610 89,915 J&J Snack Foods Corp. 1,819 68,649 Lance, Inc. 10,252 241,537 Nash Finch Co. (a) 4,729 234,086 Ruddick Corp. 7,643 230,207 Sanderson Farms, Inc. 3,481 156,715 Spartan Stores, Inc. 2,371 78,030 Tootsie Roll Industries, Inc. 3,399 94,186 Village Super Market, Inc. Class A 654 31,268 Weis Markets, Inc. 8,838 358,026 ------------- Total Food 1,695,959 ------------- Forest Products & Paper--1.0% Bowater, Inc. (a) 20,799 518,935 Deltic Timber Corp. 778 42,650 Neenah Paper, Inc. 1,597 65,892 P.H. Glatfelter Co. 10,714 145,603 Rock-Tenn Co. Class A 5,293 167,894 Schweitzer-Mauduit International, Inc. 4,153 128,743 Wausau Paper Corp. 11,164 149,598 ------------- Total Forest Products & Paper 1,219,315 ------------- Gas--1.8% Cascade Natural Gas Corp. 4,206 111,080 Chesapeake Utilities Corp. 2,411 82,601 EnergySouth, Inc. 1,870 95,370 Laclede Group, Inc. (The) 8,351 266,230 New Jersey Resources Corp. 9,034 460,914 Northwest Natural Gas Co. 9,773 451,415 South Jersey Industries, Inc. 8,291 293,336 Southwest Gas Corp. 9,370 316,800 ------------- Total Gas 2,077,746 ------------- Hand/Machine Tools--0.5% Baldor Electric Co. 7,477 368,466 Franklin Electric Co., Inc. 2,053 96,861 Regal-Beloit Corp. 3,361 156,421 ------------- Total Hand/Machine Tools 621,748 ------------- Healthcare-Products--1.1% Arrow International, Inc. 9,044 346,205 Datascope Corp. 1,346 51,525 Invacare Corp. 779 14,279 LCA-Vision Inc. 4,263 201,470 Meridian Bioscience, Inc. 7,308 158,291 Oakley, Inc. 5,870 166,708 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- PolyMedica Corp. 3,415 $ 139,503 Vital Signs, Inc. 1,015 56,383 West Pharmaceutical Services, Inc. 3,563 167,995 Young Innovations, Inc. 334 9,746 ------------- Total Healthcare-Products 1,312,105 ------------- Healthcare-Services--0.1% National Healthcare Corp. 1,601 82,611 Option Care, Inc. 1,629 25,087 ------------- Total Healthcare-Services 107,698 ------------- Holding Companies-Diversified--0.0% Resource America, Inc. Class A 1,722 35,490 ------------- Home Builders--0.5% Brookfield Homes Corp. (a) 3,360 97,742 Coachmen Industries, Inc. 1,825 17,630 Lennar Corp. Class B 4,263 149,888 Levitt Corp. Class A 1,874 17,672 M/I Homes, Inc. 487 12,954 Monaco Coach Corp. 5,984 85,870 Orleans Homebuilders, Inc. (a) 1,134 9,582 Skyline Corp. 1,512 45,375 TOUSA Inc. (a) 3,596 15,067 Winnebago Industries, Inc. 3,815 112,619 ------------- Total Home Builders 564,399 ------------- Home Furnishings--1.0% American Woodmark Corp. 1,154 39,928 Bassett Furniture Industries, Inc. 5,750 78,488 Ethan Allen Interiors, Inc. 7,209 246,908 Furniture Brands International, Inc. (a) 19,156 272,015 La-Z-Boy, Inc. (a) 21,329 244,430 Sealy Corp. (a) 18,820 310,907 Stanley Furniture Co., Inc. 1,543 31,693 ------------- Total Home Furnishings 1,224,369 ------------- Household Products/Wares--1.5% American Greetings Corp. Class A 7,243 205,194 Blyth, Inc. 8,405 223,405 CSS Industries, Inc. 1,759 69,674 Ennis, Inc. 7,054 165,910 Standard Register Co. (The) 18,232 207,845 Tupperware Brands Corp. 26,889 772,790 WD-40 Co. 4,454 146,403 ------------- Total Household Products/Wares 1,791,221 ------------- Housewares--0.1% Libbey, Inc. 1,147 24,741 Lifetime Brands, Inc. (a) 1,800 36,810 National Presto Industries, Inc. 1,154 71,940 ------------- Total Housewares 133,491 ------------- Insurance--3.2% 21st Century Holding Co. 2,464 26,463 21st Century Insurance Group 16,593 362,722 Affirmative Insurance Holdings, Inc. 823 12,551 Alfa Corp. 18,728 291,595 American Equity Investment Life Holding Co. 2,168 26,189 See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Baldwin & Lyons, Inc. Class B 4,697 $ 122,028 Bristol West Holdings, Inc. 6,212 138,962 Brooke Corp. (a) 7,854 116,161 Crawford & Co. Class B 8,489 57,386 Donegal Group, Inc. Class A 3,634 54,147 EMC Insurance Group, Inc. 2,867 71,159 FBL Financial Group, Inc. Class A 3,293 129,481 Great American Financial Resources, Inc. 1,941 46,953 Harleysville Group, Inc. 7,164 238,991 Hilb Rogal & Hobbs Co. 4,251 182,198 Horace Mann Educators Corp. 9,019 191,564 Independence Holding Co. 278 5,680 Infinity Property & Casualty Corp. 1,315 66,710 LandAmerica Financial Group, Inc. 2,574 248,365 Mercer Insurance Group, Inc. 683 13,592 Midland Co. (The) 1,192 55,952 National Interstate Corp. 1,111 28,975 NYMAGIC, Inc. 823 33,085 Presidential Life Corp. 5,578 109,663 ProCentury Corp. 1,260 21,118 RLI Corp. 3,523 197,112 Safety Insurance Group, Inc. 3,205 132,687 Selective Insurance Group, Inc. 9,330 250,790 State Auto Financial Corp. 5,366 164,468 Stewart Information Services Corp. 3,390 135,024 Tower Group, Inc. 727 23,191 United Fire & Casualty Co. 4,419 156,344 ------------- Total Insurance 3,711,306 ------------- Internet--0.6% TheStreet.com, Inc. 3,128 34,033 United Online, Inc. 40,050 660,424 ------------- Total Internet 694,457 ------------- Investment Companies--2.8% Ares Capital Corp. 43,062 725,595 Capital Southwest Corp. 280 43,621 Gladstone Capital Corp. (a) 7,669 164,577 Gladstone Investment Corp. 9,866 140,196 Hercules Technology Growth Capital, Inc. 14,387 194,368 MCG Capital Corp. 52,226 836,661 Medallion Financial Corp. 10,704 126,628 MVC Capital, Inc. (a) 6,481 121,908 NGP Capital Resources Co. 11,184 186,996 Patriot Capital Funding, Inc. 14,298 212,325 Prospect Energy Corp. (a) 11,592 202,512 Technology Investment Capital Corp. 17,596 277,841 ------------- Total Investment Companies 3,233,228 ------------- Iron/Steel--0.3% Gibraltar Industries, Inc. 2,577 57,081 Great Northern Iron Ore Properties 1,946 226,903 Olympic Steel, Inc. 328 9,400 Ryerson, Inc. (a) 2,321 87,386 Schnitzer Steel Industries, Inc. Class A 503 24,114 ------------- Total Iron/Steel 404,884 ------------- See Notes to Schedule of Investments. 9 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Leisure Time--0.5% Ambassadors Group, Inc. 3,430 $ 121,868 Ambassadors International, Inc. 1,093 36,353 Arctic Cat, Inc. 2,187 43,303 Callaway Golf Co. 13,965 248,717 Marine Products Corp. 7,530 61,972 Nautilus, Inc. 8,233 99,125 ------------- Total Leisure Time 611,338 ------------- Lodging--0.0% Marcus Corp. 2,333 55,432 ------------- Machinery-Construction & Mining--0.1% Bucyrus International, Inc. Class A 1,491 105,533 ------------- Machinery-Diversified--1.7% Alamo Group, Inc. 941 23,713 Albany International Corp. Class A 3,151 127,426 Applied Industrial Technologies, Inc. 8,084 238,478 Briggs & Stratton Corp. (a) 17,577 554,731 Cascade Corp. 1,517 118,993 Cognex Corp. 6,362 143,209 Gorman-Rupp Co. (The) 1,748 55,691 Lindsay Manufacturing Co. (a) 820 36,318 NACCO Industries, Inc. Class A 888 138,075 Robbins & Myers, Inc. 1,023 54,352 Sauer-Danfoss, Inc. 10,195 303,403 Tennant Co. 3,046 111,179 Twin Disc, Inc. 656 47,173 Wabtec Corp. 603 22,028 ------------- Total Machinery-Diversified 1,974,769 ------------- Media--2.5% Belo Corp. Class A 24,705 508,675 Citadel Broadcasting Corp. (a) 89,897 579,835 Courier Corp. 2,313 92,520 Entercom Communications Corp. 19,821 493,345 Gray Television, Inc. 8,599 79,713 Hearst-Argyle Television, Inc. 5,896 142,094 Journal Communications, Inc. Class A 10,357 134,745 Journal Register Co. 4,787 21,446 Media General, Inc. Class A 5,823 193,731 Sinclair Broadcast Group, Inc. Class A 24,434 347,451 Value Line, Inc. 2,384 104,658 World Wrestling Entertainment, Inc. 14,305 228,737 ------------- Total Media 2,926,950 ------------- Metal Fabricate/Hardware--1.0% A. M. Castle & Co. 1,423 51,100 Ampco-Pittsburgh Corp. 1,068 42,816 CIRCOR International, Inc. 623 25,188 Dynamic Materials Corp. 623 23,363 Empire Resources, Inc. (a) 2,003 19,329 Kaydon Corp. 3,311 172,569 Lawson Products, Inc. 1,559 60,333 Mueller Industries, Inc. 4,259 146,680 Mueller Water Products, Inc. Class A (a) 1,487 25,368 NN, Inc. 4,593 54,197 See Notes to Schedule of Investments. 10 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Quanex Corp. 6,584 $ 320,641 Sun Hydraulics Corp. 2,095 103,179 Valmont Industries, Inc. 1,705 124,056 ------------- Total Metal Fabricate/Hardware 1,168,819 ------------- Mining--0.6% AMCOL International Corp. 6,128 167,356 Charles & Colvard Ltd. 1,138 5,633 Compass Minerals International, Inc. 12,576 435,884 Royal Gold, Inc. 2,320 55,146 ------------- Total Mining 664,019 ------------- Miscellaneous Manufacturing--2.0% A.O. Smith Corp. 4,917 196,139 Actuant Corp. Class A 573 36,133 American Railcar Industries, Inc. 733 28,587 Ameron International Corp. 933 84,147 Barnes Group, Inc. 12,385 392,357 Federal Signal Corp. 6,844 108,546 Freightcar America, Inc. 708 33,871 Koppers Holdings, Inc. 6,188 208,412 Lancaster Colony Corp. 8,088 338,806 Matthews International Corp. Class A 1,720 75,009 Myers Industries, Inc. 4,787 105,841 Portec Rail Products, Inc. 2,068 25,002 Quixote Corp. 1,872 35,006 Raven Industries, Inc. 2,205 78,741 Reddy Ice Holdings, Inc. 14,501 413,568 Standex International Corp. 3,425 97,407 Tredegar Corp. 3,105 66,137 ------------- Total Miscellaneous Manufacturing 2,323,709 ------------- Office Furnishings--0.5% Knoll, Inc. 9,214 206,394 Steelcase, Inc. Class A 21,644 400,414 ------------- Total Office Furnishings 606,808 ------------- Oil & Gas--0.8% Adams Resources & Energy, Inc. 523 15,606 Alon USA Energy, Inc. 2,483 109,277 Barnwell Industries, Inc. 574 11,939 Berry Petroleum Co. Class A 3,659 137,871 Crosstex Energy, Inc. (a) 13,617 391,217 Delek US Holdings, Inc. 4,482 119,445 Panhandle Royalty Co. Class A 671 18,976 Penn Virginia Corp. 2,362 94,952 ------------- Total Oil & Gas 899,283 ------------- Oil & Gas Services--0.5% CARBO Ceramics, Inc. (a) 3,063 134,190 Gulf Island Fabrication, Inc. 1,221 42,369 Lufkin Industries, Inc. 1,925 124,259 MarkWest Hydrocarbon, Inc. 3,211 184,407 RPC, Inc. 8,522 145,215 ------------- Total Oil & Gas Services 630,440 ------------- See Notes to Schedule of Investments. 11 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Packaging & Containers--0.4% Greif, Inc. Class A 3,362 $ 200,409 Greif, Inc. Class B 5,612 315,282 ------------- Total Packaging & Containers 515,691 ------------- Pharmaceuticals--0.3% Mannatech, Inc. (a) 5,592 88,857 Perrigo Co. 9,736 190,630 Reliv' International, Inc. 1,799 18,890 ------------- Total Pharmaceuticals 298,377 ------------- Real Estate--0.3% Consolidated-Tomoka Land Co. 371 25,707 Forest City Enterprises, Inc. Class B 1,310 81,233 Resource Capital Corp. 17,636 246,550 Tarragon Corp. 1,956 16,548 Thomas Properties Group, Inc. 2,064 32,983 ------------- Total Real Estate 403,021 ------------- REITS--20.2% Acadia Realty Trust 9,285 240,946 Agree Realty Corp. 4,331 135,344 American Campus Communities, Inc. 10,681 302,165 American Financial Realty Trust 86,442 892,081 American First Apartment Investors, Inc. 6,158 152,411 American Land Lease, Inc. 2,992 74,800 Ashford Hospitality Trust, Inc. 46,132 542,512 Associated Estates Realty Corp. 7,786 121,384 BRT Realty Trust 5,862 152,471 Capital Lease Funding, Inc. 23,996 257,957 Cedar Shopping Centers, Inc. 17,993 258,200 Cogdell Spencer, Inc. 4,952 101,962 DiamondRock Hospitality Co. 33,229 634,009 Eagle Hospitality Properties Trust, Inc. 13,836 182,082 EastGroup Properties, Inc. 9,257 405,642 Education Realty Trust, Inc. 13,483 189,166 Entertainment Properties Trust 12,911 694,354 Equity Inns, Inc. 31,729 710,730 Equity Lifestyle Properties, Inc. 1,434 74,840 Extra Space Storage, Inc. 32,717 539,831 FelCor Lodging Trust, Inc. 29,648 771,737 Feldman Mall Properties, Inc. 11,899 135,649 First Potomac Realty Trust 9,987 232,597 Franklin Street Properties Corp. (a) 43,034 711,782 Getty Realty Corp. 14,883 391,125 Gladstone Commercial Corp. 5,659 110,916 Glimcher Realty Trust 27,640 691,000 GMH Communities Trust 31,272 303,026 Hersha Hospitality Trust 20,734 245,076 Highland Hospitality Corp. 34,757 667,334 Inland Real Estate Corp. 35,690 606,016 Investors Real Estate Trust (a) 31,634 326,779 Kite Realty Group Trust 12,079 229,743 Lexington Corporate Properties Trust 50,918 1,059,095 LTC Properties, Inc. 12,599 286,627 Medical Properties Trust, Inc. (a) 29,992 396,794 Mid-America Apartment Communities, Inc. 10,119 531,045 Mission West Properties, Inc. 9,667 134,758 Monmouth REIT Class A 15,509 134,773 National Health Investors, Inc. 17,264 547,614 National Retail Properties, Inc. 34,030 743,896 Omega Healthcare Investors, Inc. 35,488 561,775 See Notes to Schedule of Investments. 12 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- One Liberty Properties, Inc. 5,683 $ 129,345 Parkway Properties, Inc. 7,716 370,599 Pennsylvania Real Estate Investment Trust 22,448 995,121 PMC Commercial Trust 10,528 138,443 PS Business Parks, Inc. 4,165 263,936 Public Storage, Inc. Class A 8,453 219,863 Ramco-Gershenson Properties Trust 8,391 301,489 Republic Property Trust 20,321 248,932 Saul Centers, Inc. (a) 6,072 275,365 Sovran Self Storage, Inc. 9,369 451,211 Spirit Finance Corp. 70,514 1,026,685 Sun Communities, Inc. 14,030 417,673 Sunstone Hotel Investors, Inc. 27,182 771,697 Tanger Factory Outlet Centers, Inc. 11,865 444,344 UMH Properties, Inc. 6,321 89,695 Universal Health Realty Income Trust 6,981 232,467 Urstadt Biddle Properties, Inc. Class A 8,676 147,579 U-Store-It Trust 32,542 533,363 Winthrop Realty Trust 23,551 162,737 ------------- Total REITS 23,702,588 ------------- Retail--4.2% Ark Restaurants Corp. 1,501 55,522 Asbury Automotive Group, Inc. 11,932 297,703 Big 5 Sporting Goods Corp. 3,363 85,757 Bob Evans Farms, Inc. 7,172 264,288 Bon-Ton Stores, Inc. (The) 365 14,622 Books-A-Million, Inc. 2,934 49,702 Borders Group, Inc. 11,130 212,138 Brown Shoe Co., Inc. 3,116 75,781 Buckle, Inc. (The) 5,399 212,721 Casey's General Stores, Inc. 3,988 108,713 Cash America International, Inc. 661 26,209 Cato Corp. (The) Class A 7,983 175,147 CBRL Group, Inc. 4,145 176,080 Christopher & Banks Corp. 4,959 85,047 CKE Restaurants, Inc. 5,662 113,636 DEB Shops, Inc. 2,979 82,369 Finish Line, Inc. (The) Class A 3,082 28,077 Fred's, Inc. 2,710 36,260 Group 1 Automotive, Inc. 2,773 111,863 Haverty Furniture Cos., Inc. 3,763 43,914 IHOP Corp. 3,372 183,538 Kenneth Cole Productions, Inc. Class A 3,436 84,869 Landry's Restaurants, Inc. 1,593 48,204 Lithia Motors, Inc. Class A 3,966 100,498 Longs Drug Stores Corp. 5,135 269,690 Movado Group, Inc. 2,124 71,664 Nu Skin Enterprises, Inc. Class A 13,971 230,522 PEP Boys-Manny, Moe & Jack (The) 11,121 224,199 Ruby Tuesday, Inc. 11,342 298,635 Sonic Automotive, Inc. 5,139 148,877 Stage Stores, Inc. 2,488 52,148 Stein Mart, Inc. 7,199 88,260 Talbots, Inc. (a) 11,575 289,722 Triarc Cos., Inc. Class A 4,239 67,273 Triarc Cos., Inc. Class B 11,811 185,433 Tuesday Morning Corp. 19,442 240,303 World Fuel Services Corp. 977 41,093 ------------- Total Retail 4,880,477 ------------- See Notes to Schedule of Investments. 13 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Savings & Loans--3.9% Abington Bancorp Inc. 3,017 $ 28,812 American Bancorp of New Jersey, Inc. 3,899 40,238 Anchor Bancorp Wisconsin, Inc. 4,919 128,829 Atlantic Coast Federal Corp. 3,259 51,329 BankAtlantic Bancorp, Inc. Class A 7,413 63,826 BankFinancial Corp. 3,085 47,663 BankUnited Financial Corp. Class A 214 4,295 Benjamin Franklin Bancorp, Inc. 909 12,508 Berkshire Hills Bancorp, Inc. 1,472 46,383 Brookline Bancorp, Inc. 15,536 178,819 CFS Bancorp, Inc. 3,728 54,131 Citizens First Bancorp, Inc. 1,177 25,659 Clifton Savings Bancorp, Inc. 4,881 52,910 Dime Community Bancshares 14,351 189,290 First Defiance Financial Corp. 2,246 66,976 First Federal Bancshares of Arkansas, Inc. 1,254 29,682 First Financial Holdings, Inc. 3,225 105,490 First Niagara Financial Group, Inc. 37,951 497,159 First Place Financial Corp. 4,716 99,602 Flagstar Bancorp, Inc. 26,008 313,396 Flushing Financial Corp. 5,205 83,592 FMS Financial Corp. 288 8,268 Heritage Financial Group 1,233 18,446 HMN Financial, Inc. 1,258 44,219 Home Federal Bancorp, Inc. 1,982 32,881 Kearny Financial Corp. 8,604 115,982 K-Fed Bancorp 3,073 48,215 KNBT Bancorp, Inc. 5,168 75,970 Legacy Bancorp, Inc. 656 9,807 MAF Bancorp, Inc. 7,664 415,849 Northwest Bancorp, Inc. 16,039 419,259 OceanFirst Financial Corp. 4,541 79,922 Pamrapo Bancorp, Inc. 1,892 36,913 Parkvale Financial Corp. 1,471 43,703 Partners Trust Financial Group, Inc. 11,009 115,595 PFF Bancorp, Inc. 5,537 154,648 Provident Financial Holdings, Inc. 1,542 38,550 Provident Financial Services, Inc. 14,509 228,662 Provident New York Bancorp 5,378 72,657 Rainier Pacific Financial Group, Inc. 826 14,323 Riverview Bancorp, Inc. 2,976 40,831 Rockville Financial, Inc. 1,852 27,965 Rome Bancorp, Inc. 2,023 24,842 Synergy Financial Group, Inc. 1,833 24,452 TierOne Corp. 1,589 47,829 Timberland Bancorp, Inc. 1,370 21,509 United Community Financial Corp. 9,624 96,048 United Financial Bancorp, Inc. 2,201 31,122 Westfield Financial, Inc. 5,621 56,041 Willow Grove Bancorp, Inc. 5,309 69,017 WSFS Financial Corp. 368 24,078 ------------- Total Savings & Loans 4,558,192 ------------- Semiconductors--0.1% Cohu, Inc. 3,155 70,198 Richardson Electronics Ltd. 2,682 24,809 ------------- Total Semiconductors 95,007 ------------- See Notes to Schedule of Investments. 14 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Software--0.6% American Software, Inc. Class A 7,781 $ 80,144 Blackbaud, Inc. 4,897 108,126 Computer Programs & Systems, Inc. 4,329 134,113 infoUSA, Inc. 10,883 111,224 Inter-Tel, Inc. 3,596 86,052 Pegasystems, Inc. 4,705 51,426 QAD, Inc. 3,884 32,237 Renaissance Learning, Inc. (a) 3,736 49,128 Schawk, Inc. 1,888 37,798 ------------- Total Software 690,248 ------------- Telecommunications--3.5% Adtran, Inc. 13,170 342,025 Alaska Communications Systems Group, Inc. 24,220 383,645 Applied Signal Technology, Inc. 3,559 55,556 Atlantic Tele-Network, Inc. 3,060 87,638 Black Box Corp. 1,017 42,083 Consolidated Communications Holdings, Inc. 22,388 505,969 CT Communications, Inc. 4,561 139,156 D&E Communications, Inc. 5,304 97,275 FairPoint Communications, Inc. 30,906 548,582 Iowa Telecommunications Services, Inc. 29,651 673,967 North Pittsburgh Systems, Inc. 4,761 101,171 Plantronics, Inc. 4,650 121,923 Shenandoah Telecommunications Co. 944 47,984 SureWest Communications 5,915 161,125 USA Mobility, Inc. 29,970 801,997 ------------- Total Telecommunications 4,110,096 ------------- Textiles--0.1% Angelica Corp. 2,005 42,266 G&K Services, Inc. Class A 887 35,045 UniFirst Corp. 723 31,848 ------------- Total Textiles 109,159 ------------- Toys/Games/Hobbies--0.1% Topps Co., Inc. (The) 6,813 71,605 ------------- Transportation--0.8% Arkansas Best Corp. 3,961 154,360 Forward Air Corp. 2,512 85,634 Heartland Express, Inc. 4,739 77,246 Horizon Lines, Inc. Class A 5,581 182,833 Knight Transportation, Inc. 3,733 72,346 Pacer International, Inc. 7,548 177,529 Werner Enterprises, Inc. 7,320 147,498 ------------- Total Transportation 897,446 ------------- Trucking & Leasing--0.4% Greenbrier Cos., Inc. (a) 1,339 40,465 Interpool, Inc. 3,707 99,718 TAL International Group, Inc. 11,182 332,217 ------------- Total Trucking & Leasing 472,400 ------------- Water--0.6% American States Water Co. 4,676 166,325 California Water Service Group 5,807 217,705 Connecticut Water Service, Inc. 3,085 75,181 Middlesex Water Co. 4,378 84,101 See Notes to Schedule of Investments. 15 Schedule of Investments (unaudited)(concluded) WisdomTree SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- SJW Corp. 2,904 $ 96,703 Southwest Water Co. 3,760 48,015 York Water Co. 2,678 47,535 ------------- Total Water 735,565 ------------- TOTAL COMMON STOCKS (Cost: $114,991,823) 116,386,775 ============= SHORT-TERM INVESTMENT--1.3% MONEY MARKET FUND--1.3% Columbia Cash Reserves Fund, 4.96% (Cost: $1,537,840)(b) 1,537,840 1,537,840 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--10.4% MONEY MARKET FUNDS(c)--10.4% AIM Liquid Assets Portfolio, 5.18% 31,734 31,734 AIM Prime Portfolio, 5.22% 86,221 86,221 UBS Enhanced Yield Portfolio, 5.27% 3,994,439 3,994,439 UBS Private Money Market Fund LLC, 5.25% 8,149,014 8,149,014 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $12,261,408)(d) 12,261,408 ============= TOTAL INVESTMENTS IN SECURITIES--110.8% (Cost: $128,791,071)(e) 130,186,023 Liabilities in Excess of Other Assets--(10.8)% (12,703,022) ------------- NET ASSETS--100.0% $ 117,483,001 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $11,686,116 and the total market value of the collateral held by the Fund was $12,261,408. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 16 WisdomTree SmallCap Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 48.3% Consumer Cyclical 11.1% Consumer Non-Cyclical 10.2% Industrial 9.3% Communications 6.8% Utilities 6.1% Basic Materials 4.9% Energy 1.3% Technology 1.1% Diversified 0.0% # Other 0.9% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. # Amount represents less than 0.05%. Schedule of Investments (unaudited) WisdomTree DEFA Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.7% Australia--8.5% Alumina Ltd. 31,657 $ 209,222 Amcor Ltd. 32,351 205,026 AMP Ltd. 35,978 308,900 Aristocrat Leisure Ltd. (a) 15,773 192,297 Asciano Group 14,324 123,105 Australia & New Zealand Banking Group Ltd. 45,431 1,117,381 Australian Stock Exchange Ltd. 6,727 277,940 AXA Asia Pacific Holdings Ltd. (a) 31,909 201,142 BHP Billiton Ltd. 30,401 903,501 Billabong International Ltd. (a) 14,903 226,955 BlueScope Steel Ltd. (a) 26,840 235,453 Caltex Australia Ltd. (a) 10,282 206,479 Coca-Cola Amatil Ltd. 29,413 238,061 Coles Group Ltd. 24,363 333,194 Commonwealth Bank of Australia (a) 34,975 1,639,422 Computershare Ltd. (a) 19,983 191,406 CSL Ltd. 3,910 291,918 CSR Ltd. (a) 66,001 194,864 Foster's Group Ltd. 43,749 236,804 Harvey Norman Holdings Ltd. (a) 53,207 238,795 Insurance Australia Group Ltd. (a) 48,864 236,301 John FairFax Holdings Ltd. (a) 55,185 220,049 Leighton Holdings Ltd. 11,884 415,899 Lend Lease Corp. Ltd. 14,939 234,981 Lion Nathan Ltd. 27,212 214,013 Macquarie Bank Ltd. 3,717 268,048 National Australia Bank Ltd. 41,081 1,429,675 Newcrest Mining Ltd. 10,573 204,968 Orica Ltd. 9,633 243,545 Perpetual Ltd. (a) 3,130 208,483 Publishing & Broadcasting Ltd. (a) 11,634 193,458 Qantas Airways Ltd. 72,345 343,714 QBE Insurance Group Ltd. 12,600 333,523 Rinker Group Ltd. 12,577 201,029 Rio Tinto Ltd. (a) 3,633 304,494 Santos Ltd. 19,136 226,316 Sonic Healthcare Ltd. 15,066 192,497 St.George Bank Ltd. (a) 14,384 432,366 Suncorp-Metway Ltd. 25,679 439,425 TABCORP Holdings Ltd. 17,019 247,628 Telstra Corp. Ltd. (a) 293,239 1,141,919 Toll Holdings Ltd. 14,324 176,090 Wesfarmers Ltd. 12,253 475,384 Westpac Banking Corp. 46,142 1,004,509 Woodside Petroleum Ltd. 8,492 329,611 Woolworths Ltd. 20,210 462,947 ------------- Total Australia 17,752,737 ------------- Austria--0.3% Andritz AG 336 22,231 Bank Austria Creditanstalt AG 1,569 303,019 BOEHLER-UDDEHOLM AG 552 55,167 Flughafen Wien AG 276 27,256 OMV AG 1,294 86,489 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree DEFA Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Schoeller-Bleckmann Oilfield Equipment AG 216 $ 15,061 voestalpine AG 921 77,741 Wienerberger AG 947 69,960 ------------- Total Austria 656,924 ------------- Belgium--2.1% Barco N.V. 1,902 176,422 Bekaert S.A. 396 58,215 Belgacom S.A. 9,001 399,335 Compagnie Maritime Belge S.A. 2,146 150,798 Delhaize Group 851 83,728 Dexia N.V. 13,667 428,409 Euronav N.V. 1,751 63,779 Fortis N.V. 31,540 1,342,211 Groep Colruyt S.A. 300 62,797 InBev N.V. 3,213 255,282 KBC Ancora 282 33,020 KBC Groep N.V. 4,669 630,698 Mobistar S.A. 3,345 285,512 Solvay S.A. 1,044 164,713 UCB S.A. 3,362 199,103 Umicore 35 7,623 ------------- Total Belgium 4,341,645 ------------- Denmark--0.6% A/S Dampskibsselskabat TORM 2,602 97,512 Bang & Olufsen A/S Class B 60 7,176 Carlsberg A/S Class B 250 30,262 Danisco A/S 2,300 171,763 Danske Bank A/S 11,807 484,262 DSV A/S 500 9,823 FLSmidth & Co. A/S 100 7,876 H. Lundbeck A/S 6,101 155,011 NKT Holding A/S 275 27,399 Novo-Nordisk A/S Class B 2,301 250,554 Novozymes A/S Class B 100 11,615 Sydbank A/S 50 2,396 ------------- Total Denmark 1,255,649 ------------- Finland--2.0% Elcoteq SE 8,996 75,935 Elisa Oyj 3,022 82,525 Finnair Oyj 2,420 42,979 Fortum Oyj 22,564 706,688 KCI Konecranes Oyj 1,811 76,090 Kemira Oyj 2,420 55,758 Kesko Oyj Class B 1,210 80,630 Metso Oyj 1,210 71,609 Nokia Oyj 46,904 1,318,235 Nokian Renkaat Oyj 2,420 85,042 Outokumpu Oyj 2,420 81,774 Ramirent Oyj 4,804 130,669 Rautaruukki Oyj 3,621 232,634 Sampo Oyj Class A 9,670 278,958 Sanoma-WSOY Oyj 3,142 99,593 Stora Enso Oyj Class R 9,670 182,576 TietoEnator Oyj 1,210 39,057 UPM-Kymmene Corp. (a) 9,670 238,995 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree DEFA Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Uponor Corp. 1,210 $ 47,129 Wartsila Oyj Class B 1,210 79,911 YIT Oyj 1,210 38,158 ------------- Total Finland 4,044,945 ------------- France--13.8% Accor S.A. 4,431 393,287 Air France-KLM 4,666 217,975 Assurances Generales de France (a) 2,784 467,021 AXA S.A. (a) 48,109 2,079,805 BNP Paribas 13,560 1,618,177 Bouygues S.A. 4,810 403,995 Carrefour S.A. 8,808 620,239 Casino Guichard Perrachon S.A. 3,249 329,095 Christian Dior S.A. 2,626 341,249 Cie de Saint-Gobain S.A. 4,491 505,666 CNP Assurances S.A. 2,626 336,744 Compagnie Generale des Etablissements Michelin Class B 3,983 558,634 Credit Agricole S.A. (a) 18,093 737,708 Electricite de France 19,643 2,129,738 Gaz de France S.A. 7,243 366,728 Groupe Danone 5,400 437,724 Hermes International 2,924 331,361 Lafarge S.A. 2,446 447,287 Lagardere SCA 3,273 284,892 L'Air Liquide S.A. 3,214 422,955 L'Oreal S.A. 5,336 632,734 LVMH Moet Hennessy Louis Vuitton S.A. 3,958 457,252 Natixis 53,037 1,295,055 PPR S.A. 2,146 375,501 Renault S.A. 9,326 1,501,478 Sanofi-Aventis (a) 12,241 993,578 Schneider Electric S.A. 3,417 480,542 Societe Des Autoroutes Paris-Rhin-Rhone 4,781 485,565 Societe Generale 7,423 1,378,757 Sodexho Alliance S.A. 3,417 245,278 Suez S.A. 23,824 1,367,137 Technip S.A. 4,735 392,005 TOTAL S.A. 43,293 3,523,364 Vallourec S.A. 1,767 568,470 Veolia Environnement S.A. 4,383 343,506 VINCI S.A. 6,714 503,070 Vivendi S.A. 22,804 982,762 ------------- Total France 28,556,334 ------------- Germany--7.3% Allianz SE 4,431 1,038,813 ALTANA AG 7,498 180,959 AMB Generali Holding AG 887 135,631 BASF AG 6,595 866,105 Bayer AG 8,517 645,298 Bayerische Motoren Werke AG 4,115 266,816 Beiersdorf AG 2,712 193,537 Commerzbank AG 4,587 219,860 Continental AG 131 18,478 DaimlerChrysler AG 18,122 1,678,719 Deutsche Bank AG 4,040 588,235 Deutsche Boerse AG 1,992 225,312 Deutsche Lufthansa AG 7,111 199,374 Deutsche Post AG 16,767 544,152 Deutsche Postbank AG 1,895 166,533 Deutsche Telekom AG 130,856 2,419,401 E.ON AG 9,156 1,536,925 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree DEFA Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Fraport AG Frankfurt Airport Services Worldwide (a) 1,931 $ 137,906 Fresenius Medical Care AG & Co. KGaA 3,414 157,366 Henkel KGaA 219 10,467 Hypo Real Estate Holding AG 2,134 138,368 MAN AG 1,907 274,960 Metro AG 3,058 253,911 Muenchener Rueckversicherungs - Gesellshaft AG 2,748 505,444 MVV Energie AG 4,401 185,386 RWE AG 5,971 636,986 Salzgitter AG 874 169,373 Siemens AG 7,255 1,044,198 ThyssenKrupp AG 5,744 342,341 Volkswagen AG 2,470 393,965 ------------- Total Germany 15,174,819 ------------- Hong Kong--3.5% Bank of East Asia Ltd. 26,418 148,683 BOC Hong Kong (Holdings) Ltd. 210,140 500,493 Cathay Pacific Airways Ltd. 71,000 176,730 Cheung Kong (Holdings) Ltd. 23,995 314,290 China Merchants Holdings (International) Co., Ltd. 24,016 116,272 China Mobile Ltd. 235,624 2,530,172 China Overseas Land & Investment Ltd. 48,034 74,958 China Resources Enterprise, Ltd. 24,016 90,315 China Travel International Investment Hong Kong Ltd. 96,067 50,381 China Unicom Ltd. 72,051 124,049 CITIC International Financial Holdings Ltd. 84,060 70,965 CITIC Pacific Ltd. 46,025 231,070 CLP Holdings Ltd. 36,034 241,751 CNOOC Ltd. 216,153 244,965 Dah Sing Financial Holdings Ltd. 3,603 30,394 Denway Motors Ltd. 72,051 34,100 Hang Seng Bank Ltd. 43,129 583,667 Henderson Investment Ltd. 16,016 23,068 Hong Kong & China Gas Co., Ltd. (The) 217 457 Hong Kong Aircraft Engineering Co., Ltd. 400 6,083 Hong Kong Exchanges and Clearing Ltd. 7,000 98,940 Hongkong Electric Holdings Ltd. 25 126 Hopewell Holdings Ltd. 12,008 48,997 Hutchison Whampoa Ltd. 47,025 467,068 Industrial & Commercial Bank of China Ltd. 16 34 Lenovo Group Ltd. 51 30 MTR Corp. 48,034 113,789 New World Development Ltd. 35,993 90,053 PCCW Ltd. 84,060 51,718 Shanghai Industrial Holdings Ltd. 11,008 42,242 Shun TAK Holdings Ltd. 23,995 35,296 Singamas Container Holdings Ltd. (a) 188,034 126,272 Sino Land Ltd. 23,995 49,967 Sun Hung Kai Properties Ltd. 26,175 315,055 Television Broadcasts Ltd. 12,008 84,478 Wharf Holdings Ltd. 23,995 95,914 Wing Hang Bank Ltd. 6,005 66,403 Wing Lung Bank Ltd. 4,803 48,657 ------------- Total Hong Kong 7,327,902 ------------- Ireland--0.6% Allied Irish Banks PLC 13,642 372,353 Anglo Irish Bank Corp. PLC 3,201 65,279 Bank of Ireland 13,942 281,876 CRH PLC 3,459 171,026 DCC PLC 695 23,165 FBD Holdings PLC 252 1,702 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree DEFA Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Fyffes PLC 69,294 $ 82,355 Glanbia PLC 3,228 15,607 Greencore Group PLC 2,700 20,347 IAWS Group PLC 648 13,574 Independent News & Media PLC 13,188 66,569 Irish Life & Permanent PLC 3,345 84,253 Kerry Group PLC Class A 612 17,109 Kingspan Group PLC 707 19,775 ------------- Total Ireland 1,234,990 ------------- Italy--7.3% AEM SpA (a) 61,093 225,044 Alleanza Assicurazioni SpA 13,236 173,039 Assicurazioni Generali SpA (a) 8,866 356,346 Autogrill SpA 5,996 127,056 Autostrade SpA 4,952 164,657 Banca Carige SpA (a) 30,576 142,259 Banca Intesa SpA 283,950 2,120,694 Banca Monte dei Paschi di Siena SpA (a) 24,471 165,742 Banca Popolare di Milano S.c.r.l. 11,717 179,132 Banca Popolare di Verona e Novara S.c.r.l. 5,121 147,591 Capitalia SpA 34,108 339,496 Enel SpA (a) 164,921 1,776,305 Eni SpA (a) 100,305 3,644,061 Finmeccanica SpA 6,451 198,904 Fondiaria-Sai SpA 3,874 187,778 Hera SpA 26,557 111,097 Ifil Investments SpA 25,502 275,189 Italcementi SpA 6,151 190,402 Luxottica Group SpA 5,588 217,199 Mediobanca SpA 9,861 224,538 Mediolanum SpA (a) 20,988 175,174 Saipem SpA 3,874 132,684 Snam Rete Gas SpA (a) 45,239 267,913 Telecom Italia SpA 638,369 1,750,163 Terna SpA (a) 50,422 174,329 UniCredito Italiano SpA 143,413 1,284,141 Unione di Banche Italiane SCPA 8,230 209,518 Unipol SpA 45,263 163,217 ------------- Total Italy 15,123,668 ------------- Japan--8.6% Asahi Glass Co., Ltd. 12,000 161,691 Astellas Pharma, Inc. 4,800 208,332 Bridgestone Corp. 8,400 179,570 Canon Inc. 7,200 421,523 Chubu Electric Power Co., Inc. 7,200 190,647 Chugai Pharmaceutical Co., Ltd. 8,400 150,662 Dai Nippon Printing Co., Ltd. 12,000 178,695 Daiwa House Industry Co., Ltd. 12,000 171,213 Daiwa Securities Group, Inc. 17,000 180,744 DENSO CORP. 4,800 187,344 Eisai Co., Ltd. 3,600 156,832 Fanuc Ltd. 2,400 247,200 Fuji Photo Film Co., Ltd. 4,800 214,163 Hitachi Ltd. 24,000 170,047 Honda Motor Co., Ltd. 7,200 262,359 ITOCHU Corp. 24,000 277,517 Japan Tobacco, Inc. 48 236,317 JFE Holdings, Inc. 4,800 298,117 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree DEFA Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Kansai Electric Power Co., Inc. (The) 8,400 $ 198,275 Kao Corp. 12,000 309,972 Kirin Brewery Co., Ltd. 12,000 179,084 Kobe Steel Ltd. 57,000 216,009 Komatsu Ltd. 12,000 347,868 Kyocera Corp. 2,400 255,363 Kyushu Electric Power Co., Inc. 8,400 219,701 Matsushita Electric Industrial Co., Ltd. 12,000 237,580 Mitsubishi Corp. 9,600 251,087 Mitsubishi Electric Corp. 24,000 221,936 Mitsubishi Estate Co., Ltd. 11,989 325,221 Mitsubishi Heavy Industries Ltd. 48,000 307,446 Mitsubishi UFJ Financial Group, Inc. 24 264,302 Mitsui & Co., Ltd. 12,000 238,552 Mitsui Fudosan Co., Ltd. 11,989 335,900 Mitsui Sumitomo Insurance Co., Ltd. 12,000 153,723 Mizuho Financial Group, Inc. 24 165,772 Nippon Oil Corp. 24,000 222,713 Nippon Steel Corp. 142,000 998,066 Nippon Telegraph & Telephone Corp. 72 318,912 Nissan Motor Co., Ltd. 34,800 372,248 Nomura Holdings, Inc. 52,300 1,016,397 NTT DoCoMo, Inc. 581 917,406 Ricoh Co., Ltd. 12,000 276,934 Secom Co., Ltd. 6,000 282,279 Sekisui House Ltd. 12,000 159,845 Sharp Corp. 12,000 227,378 Shin-Etsu Chemical Co., Ltd. 3,600 256,820 Sony Corp. 3,600 184,526 Sumitomo Chemical Co., Ltd. 24,000 160,913 Sumitomo Corp. 12,000 218,632 Sumitomo Electric Industries Ltd. 7,000 104,069 Sumitomo Metal Industries Ltd. 48,000 282,181 Sumitomo Mitsui Financial Group, Inc. 12 111,745 Sumitomo Trust & Banking Co., Ltd. (The) 53,000 504,271 Suzuki Motor Corp. 8,400 238,066 T&D Holdings, Inc. 2,400 161,885 Takeda Pharmaceutical Co., Ltd. 4,800 309,389 Tohoku Electric Power Co., Inc. 8,400 188,072 Tokyo Electric Power Co., Inc. (The) 10,800 346,314 Tokyo Gas Co., Ltd. 36,000 170,242 Toray Industries, Inc. 13,000 95,899 Toshiba Corp. 24,000 208,915 Toyota Motor Corp. 22,400 1,414,794 ------------- Total Japan 17,869,675 ------------- Netherlands--4.2% ABN AMRO Holding N.V. 38,094 1,751,800 AEGON N.V. 22,768 450,170 Akzo Nobel N.V. 3,345 288,945 CSM N.V. 2,578 91,395 Heineken Holding N.V. 1,978 102,448 Heineken N.V. 2,530 148,601 Hunter Douglas N.V. 1,056 99,861 ING Groep N.V. 35,932 1,591,232 Koninklijke DSM N.V. 2,506 123,703 Koninklijke Philips Electronics N.V. 9,909 422,355 Koninklijke Vopak N.V. 1,762 100,422 Mittal Steel Co. N.V. 9,347 587,628 OCE N.V. 5,205 101,508 Randstad Holding N.V. 1,246 99,032 Reed Elsevier N.V. 9,849 188,084 Royal KPN N.V. 46,245 769,460 SBM Offshore N.V. 1,728 66,045 STMicroelectronics N.V. 15,809 306,385 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree DEFA Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- TNT N.V. 4,310 $ 194,592 Unilever N.V. 30,586 951,950 Vedior N.V. 3,465 103,935 Wolters Kluwer N.V. 3,790 115,936 ------------- Total Netherlands 8,655,487 ------------- New Zealand--0.6% Air New Zealand Ltd. 24,589 50,150 Auckland International Airport Ltd. 29,525 74,815 CanWest MediaWorks (NZ) Ltd. 13,202 23,764 Fisher & Paykel Appliances Holdings Ltd. 6,728 18,088 Fisher & Paykel Healthcare Corp. 7,838 20,406 Fletcher Building Ltd. 11,695 111,582 Freightways Ltd. 3,765 11,431 Hallenstein Glasson Holdings Ltd. 47,202 169,566 Infratil Ltd. 6,930 17,079 Mainfreight Ltd. 14,301 81,757 New Zealand Refining Co., Ltd. (The) 7,238 41,938 Nuplex Industries Ltd. 2,170 12,037 Port of Tauranga Ltd. 23,585 128,273 Sanford Ltd. 29,947 99,483 Sky City Entertainment Group Ltd. 11,718 45,988 Telecom Corp. of New Zealand Ltd. (a) 102,564 363,692 Warehouse Group Ltd. (The) 10,157 47,630 ------------- Total New Zealand 1,317,679 ------------- Norway--1.0% ABG Sundal Collier ASA 11,000 28,681 Acta Holding ASA 12,008 63,025 Aker ASA Class A 721 48,646 Aker Yards AS 1,200 20,927 Aktiv Kapital ASA 1 16 DnB NOR ASA 24,016 309,839 EDB Business Partner ASA 2 18 Ekornes ASA (a) 1,201 27,349 Norsk Hydro ASA 13,709 529,202 Norske Skogindustrier ASA 4,803 69,284 Orkla ASA 10,810 204,986 ProSafe ASA 1,200 19,200 Schibsted ASA 600 27,428 Statoil ASA (a) 17,961 558,017 Storebrand ASA 5 78 Telenor ASA 9 176 Tomra Systems ASA 2 18 Veidekke ASA 2,950 31,216 Yara International ASA 3,602 108,554 ------------- Total Norway 2,046,660 ------------- Portugal--0.7% Banco BPI, S.A. 6,571 58,394 Banco Comercial Portugues, S.A. Class R 47,802 267,274 Banco Espirito Santo, S.A. 6,895 153,462 Brisa-Auto-estradas de Portugal S.A. 7,370 99,038 Jeronimo Martins, SGPS, S.A. 8,095 47,776 Mota-Engil, SGPS, S.A. 2,626 25,180 Portucel-Empresa Produtora De Pasta E Papel, S.A. 7,906 32,032 Portugal Telecom, SGPS, S.A. 24,637 340,388 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree DEFA Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- PT Multimedia - Servicos de Telecomunicacoes e Multimedia, SGPS, S.A. 4,053 $ 65,193 SAG Gest-Solucoes Automovel Globais, SGPS, S.A. 125,467 315,176 Semapa-Sociedade de Investimento e Gestao, SGPS, S.A. 2,518 45,365 Sonae SGPS, S.A. 16,301 46,232 ------------- Total Portugal 1,495,510 ------------- Singapore--1.4% City Developments Ltd. 1,090 12,329 ComfortDelgro Corp., Ltd. 36,000 51,313 Cosco Corp. (Singapore) Ltd. 12,000 29,344 DBS Group Holdings Ltd. 26,000 387,590 Fraser and Neave Ltd. 14,807 52,763 Guocoland Ltd. 11,989 38,096 Jaya Holdings Ltd. 36,000 41,191 Keppel Corp. Ltd. 20,000 163,457 Keppel Land Ltd. 11,989 68,589 Keppel Telecommunications & Transportation Ltd. 24,000 51,783 MobileOne Ltd. 24,800 35,673 Oversea-Chinese Banking Corp. Ltd. 48,000 287,162 Parkway Holdings Ltd. 24,000 62,768 SBS Transit Ltd. 18,000 38,837 SembCorp Industries Ltd. 12,000 44,722 SembCorp Marine Ltd. 12,000 38,445 SIA Engineering Co., Ltd. 12,000 37,347 Singapore Airlines Ltd. 14,000 172,088 Singapore Airport Terminal Services Ltd. 24,000 48,645 Singapore Exchange Ltd. 12,000 76,890 Singapore Post Ltd. 48,000 39,857 Singapore Press Holdings Ltd. 24,000 72,810 Singapore Technologies Engineering Ltd. 12,000 28,245 Singapore Telecommunications Ltd. 203,150 451,607 SMRT Corp. Ltd. 36,000 46,370 StarHub Ltd. 32,606 65,235 Straits Trading Co., Ltd. 12,000 36,091 United Overseas Bank Ltd. 25,000 359,606 Venture Corp., Ltd. 9,000 92,386 ------------- Total Singapore 2,931,239 ------------- Spain--6.2% Abertis Infraestructuras S.A. (a) 5,995 186,464 Acciona, S.A. 600 163,930 Acerinox S.A. (a) 3,079 75,432 ACS, Actividades Construccion y Servicios, S.A. 2,326 148,650 Altadis, S.A. 2,844 188,975 Banco Bilbao Vizcaya Argentaria, Chile, S.A. 45,503 1,118,464 Banco Pastor S.A. (a) 5,624 115,300 Banco Popular Espanol, S.A. 16,027 299,138 Banco Sabadell S.A. (a) 12,421 136,718 Banco Santander Central Hispano S.A. 137,737 2,546,625 Bankinter S.A. 1,366 122,498 Cia Espanola De Petroleos, S.A. (a) 2,566 240,160 Corporacion Mapfre S.A. 16,659 82,796 Ebro Puleva S.A. 4,826 104,089 Enagas 4,310 106,697 Endesa S.A. (a) 29,733 1,614,670 Fomento de Construcciones y Contratas S.A. 1,294 117,003 Gas Natural SDG, S.A. 6,031 367,591 Gestevision Telecinco S.A. 6,511 185,014 Grupo Ferrovial S.A. 1,306 128,847 IBERDROLA S.A. 14,164 794,435 Inditex S.A. 2,458 145,301 See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(continued) WisdomTree DEFA Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Red Electrica de Espana 1,820 $ 85,489 Repsol YPF, S.A. 13,620 538,039 Sacyr Vallehermoso, S.A. (a) 3,058 147,564 Telefonica, S.A. 126,646 2,829,031 Union Fenosa, S.A. 2,724 145,868 Zardoya-Otis S.A. (a) 2,422 95,187 ------------- Total Spain 12,829,975 ------------- Sweden--2.9% AB Volvo Class A 12,010 246,954 AB Volvo Class B 30,025 599,868 Alfa Laval AB 2,402 145,370 Assa Abloy AB Class B 4,803 106,115 Atlas Copco AB Class A 9,606 161,099 Atlas Copco AB Class B 4 63 Axfood AB 2,151 76,225 Electrolux AB Series B 4,803 114,170 Fabege AB 7,198 79,252 H&M Hennes & Mauritz AB Class B 10,807 640,647 Holmen AB Class B 1,201 50,879 Investment AB Kinnevik Class B 503 9,903 JM AB 4,803 146,390 L E Lundbergforetagen AB Class B 1 73 Nordea Bank AB 43,129 676,131 Ratos AB Class B 4,803 153,044 Sandvik AB 14,410 292,100 Scania AB Class A (a) 6,708 169,725 Scania AB Class B 9,608 235,394 Securitas AB Class B 13,803 219,408 Skandinaviska Enskilda Banken AB 7,206 233,292 SKF AB Class B 4,803 101,212 Skanska AB Class B 7,206 155,003 SSAB Svenskt Stal AB Series A 4,702 193,711 Svenska Cellulosa AB Class B 7,206 120,850 Svenska Handelsbanken AB Class A 9,607 269,694 Swedbank AB Class A 8,406 305,240 Tele2 AB Class B 6,005 98,300 TeliaSonera AB 54,038 397,964 ------------- Total Sweden 5,998,076 ------------- Switzerland--3.6% Adecco S.A. 1,655 128,217 Ciba Specialty Chemicals Holding Inc. 1,402 91,228 Credit Suisse Group 14,600 1,040,560 Givaudan S.A. 96 94,778 Holcim Ltd. 1,643 178,027 Kuehne + Nagel International AG 1,114 102,529 Nestle S.A. 4,370 1,661,569 Nobel Biocare Holding AG 285 93,132 Novartis AG 19,160 1,078,688 Roche Holding AG 3,814 676,537 SGS S.A. 84 99,517 Swatch Group AG (The) Class B 492 140,101 Swiss Reinsurance Co. 4,139 377,900 Swisscom AG 1,260 430,503 UBS AG 21,605 1,297,428 ------------- Total Switzerland 7,490,714 ------------- See Notes to Schedule of Investments. 9 Schedule of Investments (unaudited)(continued) WisdomTree DEFA Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- United Kingdom--24.5% Anglo American PLC 16,304 $ 963,354 AstraZeneca PLC 17,914 964,316 Aviva PLC 40,550 604,892 BAE SYSTEMS PLC 80,454 653,745 Barclays PLC 129,591 1,809,632 BG Group PLC 42,182 695,250 BHP Billiton PLC 30,473 849,838 BP PLC 298,352 3,609,547 British American Tobacco PLC 34,096 1,161,575 British Sky Broadcasting PLC 50,993 654,782 BT Group PLC 185,768 1,239,278 Cable & Wireless PLC 69,272 270,323 Cadbury Schweppes PLC 56,673 773,199 Centrica PLC 102,214 796,724 Compass Group PLC 72,688 504,233 Diageo PLC 45,152 939,425 GlaxoSmithKline PLC 78,373 2,052,027 HBOS PLC 70,524 1,394,440 HSBC Holdings PLC 217,998 4,002,027 Imperial Tobacco Group PLC 11,618 537,756 J. Sainsbury PLC 40,362 473,329 Kingfisher PLC 129,339 587,765 Legal & General Group PLC 234,739 706,923 Lloyds TSB Group PLC 192,172 2,143,736 Man Group PLC 74,973 916,070 Marks & Spencer Group PLC 52,955 667,226 National Grid PLC 55,711 824,904 Old Mutual PLC 185,804 629,638 Pearson PLC 39,927 675,306 Prudential PLC 51,598 739,158 Reckitt Benckiser PLC 14,515 796,491 Reed Elsevier PLC 53,740 697,064 Rio Tinto PLC 11,033 847,146 Royal Bank of Scotland Group (The) PLC 156,759 1,990,868 Royal Dutch Shell PLC Class A 58,759 2,395,787 Royal Dutch Shell PLC Class B 41,261 1,724,389 SABMiller PLC 30,780 781,823 Sage Group (The) PLC 114,043 536,559 Scottish & Southern Energy PLC 200 5,814 Smith & Nephew PLC 17,522 217,611 Smiths Group PLC 22,541 535,917 Standard Chartered PLC 22,961 750,904 Tesco PLC 88,423 742,450 Unilever PLC 24,806 803,777 Vodafone Group PLC 1,021,256 3,438,215 Wolseley PLC 25,881 624,154 WPP Group PLC 16,754 251,603 Xstrata PLC 14,165 848,903 ------------- Total United Kingdom 50,829,893 ------------- TOTAL COMMON STOCKS (Cost: $190,064,538) 206,934,521 ============= See Notes to Schedule of Investments. 10 Schedule of Investments (unaudited)(concluded) WisdomTree DEFA Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- RIGHTS*--0.0% Italy--0.0% Unipol SpA, expiring on 7/03/07 (Cost: $0) 45,263 $ -- ============= TOTAL LONG-TERM INVESTMENT (Cost: $190,064,538) 206,934,521 ============= SHORT-TERM INVESTMENT--0.1% MONEY MARKET FUND --0.1% United States - 0.1% Columbia Cash Reserves Fund, 4.96%(b) (Cost: $306,410) 306,410 306,410 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--6.5% MONEY MARKET FUNDS --6.5%(c) UBS Enhanced Yield Portfolio, 5.27% 8,141,701 8,141,701 UBS Private Money Market Fund LLC, 5.25% 5,300,152 5,300,152 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $13,441,853)(d) 13,441,853 ============= TOTAL INVESTMENTS IN SECURITIES--106.3% (Cost: $203,812,801)(e) 220,682,784 Liabilities in Excess of Foreign Currencey and Other Assets--(6.3)% (13,048,193) ------------- NET ASSETS --100.0% $ 207,634,591 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $12,770,112 and the total market value of the collateral held by the Fund was $13,441,853. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 11 WisdomTree DEFA Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 31.5% Consumer Non-Cyclical 13.1% Communications 13.0% Energy 9.4% Consumer Cyclical 8.5% Industrial 8.1% Utilities 7.8% Basic Materials 6.4% Diversified 1.0% Technology 0.9% Other 0.3% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree DEFA High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.5% Australia--12.3% Adelaide Bank Ltd. 1,420 $ 18,360 Alinta Ltd. 13,513 174,489 Alumina Ltd. (a) 36,403 240,589 Amcor Ltd. (a) 37,947 240,491 AMP Ltd. 68,539 588,463 Aristocrat Leisure Ltd. (a) 14,884 181,458 Austbrokers Holdings Ltd. 9,156 33,791 Australia & New Zealand Banking Group Ltd. 90,912 2,235,992 Australian Stock Exchange Ltd. (a) 9,145 377,845 AWB Ltd. 69,301 253,406 Bendigo Bank Ltd. 6,783 87,471 Billabong International Ltd. (a) 14,075 214,345 BlueScope Steel Ltd. (a) 72,828 638,881 Boral Ltd. (a) 24,232 180,297 Caltex Australia Ltd. (a) 9,682 194,430 Coca-Cola Amatil Ltd. (a) 38,450 311,204 Coles Myer Ltd. 46,459 635,383 Commonwealth Bank of Australia (a) 66,270 3,106,347 CSR Ltd. (a) 57,514 169,806 David Jones Ltd. 3,809 18,000 Downer EDI Ltd. (a) 25,293 157,935 Foster's Group Ltd. 83,413 451,497 Great Southern Ltd. 10,629 27,053 Insurance Australia Group Ltd. 93,189 450,651 Iress Market Technology Ltd. 5,369 42,089 John FairFax Holdings Ltd. (a) 87,017 346,979 Jubilee Mines NL 3,595 48,647 Lend Lease Corp. Ltd. 19,137 301,012 Lion Nathan Ltd. 25,715 202,240 Macquarie Bank Ltd. 9,353 674,482 MFS Ltd. 4,818 23,708 Minara Resources Ltd. (a) 37,275 230,224 Mortgage Choice Ltd. 1,825 4,893 National Australia Bank Ltd. 78,279 2,724,217 New Hope Corp. Ltd. 7,473 14,012 Nufarm Ltd. (a) 19,277 226,511 OneSteel Ltd. (a) 52,736 287,686 Orica Ltd. 9,087 229,741 Origin Energy Ltd. 12,963 109,318 Oxiana Ltd. 4,182 12,524 Pacific Brands Ltd. 25,741 75,343 Perpetual Ltd. (a) 2,973 198,025 Port Bouvard Ltd. 41,187 78,622 Primary Health Care Ltd. 3,220 34,694 Publishing & Broadcasting Ltd. (a) 21,951 365,015 Qantas Airways Ltd. 113,508 539,281 QBE Insurance Group Ltd. 24,021 635,838 Santos Ltd. (a) 22,554 266,739 Seven Network Ltd. (a) 23,675 231,992 Sims Group Ltd. (a) 10,940 245,960 Sonic Healthcare Ltd. 14,215 181,624 St.George Bank Ltd. (a) 25,217 757,993 Suncorp-Metway Ltd. (a) 41,840 715,976 Sunland Group Ltd. (a) 10,631 36,799 TABCORP Holdings Ltd. (a) 32,494 472,790 Telstra Corp. Ltd. (a) 643,823 2,507,148 Transfield Services Ltd. (a) 22,130 208,591 United Group Ltd. (a) 14,919 210,744 Washington H. Soul Pattinson & Co., Ltd. 23,640 202,367 Wesfarmers Ltd. 23,360 906,306 West Australian Newspapers Holdings Ltd. (a) 16,926 196,732 Westpac Banking Corp. 88,278 1,921,808 Woodside Petroleum Ltd. 12,744 494,650 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree DEFA High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Woolworths Ltd. (a) 37,467 $ 858,249 Zinifex Ltd. 34,658 553,381 ------------- Total Australia 29,363,134 ------------- Austria--0.2% Bank Austria Creditanstalt AG 1,519 293,362 BOEHLER-UDDEHOLM AG 1,108 110,734 Flughafen Wien AG 552 54,511 ------------- Total Austria 458,607 ------------- Belgium--2.3% Belgacom S.A. 19,132 848,802 Compagnie Maritime Belge S.A. 2,744 192,818 Cumerio N.V. 1,463 60,264 Dexia N.V. 26,989 846,004 Euronav N.V. 3,325 121,111 Fortis N.V. 48,740 2,074,171 KBC Ancora 1,864 218,261 KBC Groep N.V. 8,774 1,185,210 Melexis N.V. 1,672 30,191 ------------- Total Belgium 5,576,832 ------------- Denmark--0.4% A/S Dampskibsselskabat TORM 4 150 Danske Bank A/S 21,908 898,553 TrygVesta A/S 1,200 94,298 ------------- Total Denmark 993,001 ------------- Finland--1.7% Amer Sports Oyj (a) 3,535 87,416 Elektrobit Corp. (a) 71,346 181,150 Fortum Oyj 32,737 1,025,299 Kesko Oyj Class B 1,637 109,083 OKO Bank PLC Class A 7,057 131,240 Orion Oyj Class B 7,403 185,365 PKC Group Oyj 11,555 165,263 Rautaruukki Oyj 8,368 537,608 Sampo Oyj Class A 17,704 510,721 Sanoma-WSOY Oyj 6,008 190,438 Stora Enso Oyj Class R 21,235 400,931 UPM-Kymmene Corp. (a) 18,895 466,991 Uponor Corp. 3,412 132,897 ------------- Total Finland 4,124,402 ------------- France--15.5% Accor S.A. 1,095 97,190 Assurances Generales de France (a) 5,729 961,050 Assystem 8,100 158,075 AXA S.A. (a) 74,639 3,226,727 BNP Paribas 30,793 3,674,671 Canal Plus S.A. 16,168 172,502 Casino Guichard Perrachon S.A. 3,535 358,065 Credit Agricole S.A. 56,531 2,304,945 Euler Hermes S.A. 2,471 351,408 Fonciere Des Regions 261 38,249 Gaz de France S.A. 24,500 1,240,487 Klepierre 1,470 250,010 L' Air Liquide S.A. 2,652 348,997 M6, Metropole Television 5,585 182,008 Manitou BF S.A. 3,036 193,533 Natixis 42,589 1,039,936 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree DEFA High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- NRJ Group 9,378 $ 161,865 Oberthur Card Systems S.A. 22,684 159,919 PagesJaunes S.A. 3,693 77,657 Peugeot S.A. 6,096 492,166 Rallye S.A. 3,395 229,210 Renault S.A. 8,581 1,381,532 Sanofi-Aventis 32,525 2,639,992 Schneider Electric S.A. 7,257 1,020,573 SCOR SE (a) 8,579 233,349 Sequana Capital S.A. 5,968 177,322 Societe Des Autoroutes Paris-Rhin-Rhone 1,436 145,842 Societe Generale 13,716 2,547,626 Ste Industrielle d'Aviation Latecoere S.A. 4,870 163,903 Suez S.A. 46,170 2,649,460 Thomson 11,281 215,278 TOTAL S.A. 85,057 6,922,292 Valeo S.A. 4,678 251,515 Vinci S.A. 12,317 922,895 Vivendi S.A. 49,025 2,112,784 ------------- Total France 37,103,033 ------------- Germany--6.6% Balda AG 9,810 140,571 BASF AG 16,040 2,106,493 Bayer Schering Pharma AG 5,448 764,475 Beate Uhse AG 29,917 143,032 Deutsche Bank AG 14,737 2,145,749 Deutsche Lufthansa AG 7,300 204,673 Deutsche Post AG 39,827 1,292,535 Deutsche Telekom AG 158,945 2,938,739 Deutsche Wohnen AG 3,654 189,254 E.ON AG 17,618 2,957,355 Grammer AG 3,597 106,632 Hannover Rueckversicheru AG 1,416 68,750 HCI Capital AG 8,596 179,480 Muenchener Rueckversicherungs- Gesellschaft AG 5,935 1,091,633 RWE AG 14,185 1,513,255 ------------- Total Germany 15,842,626 ------------- Hong Kong--2.3% Bank of East Asia Ltd. 55,212 310,739 BOC Hong Kong (Holdings) Ltd. 398,341 948,734 China Travel International Investment Hong Kong Ltd. 58 30 Chong Hing Bank Ltd. 11,000 25,073 CITIC International Financial Holdings Ltd. 28 24 CITIC Pacific Ltd. 97,018 487,081 CLP Holdings Ltd. 99,024 664,348 CNOOC Ltd. 921,000 1,043,766 Dah Sing Banking Group Ltd. 14,004 30,989 Fountain Set (Holdings) Ltd. 70,018 26,958 Fubon Bank (Hong Kong) Ltd. 4,000 2,272 Hang Seng Bank Ltd. 81,118 1,097,774 Hongkong Electric Holdings Ltd. 84,018 423,964 Hopewell Holdings Ltd. 8 33 Industrial & Commercial Bank of China Ltd. 8 17 Next Media Ltd. 32,000 10,929 Oriental Press Group Ltd. 38 7 PCCW Ltd. 248,048 152,613 Television Broadcasts Ltd. 4,000 28,141 Wing Hang Bank Ltd. 5,500 60,819 Wing Lung Bank Ltd. 7,000 70,914 ------------- Total Hong Kong 5,385,225 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree DEFA High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Ireland--0.7% Abbey PLC 735 $ 10,101 Allied Irish Banks PLC 25,788 703,873 Bank of Ireland 26,154 528,774 Fyffes PLC 18,967 22,542 Independent News & Media PLC 25,271 127,560 Irish Life & Permanent PLC 6,814 171,629 ------------- Total Ireland 1,564,479 ------------- Italy--9.9% Alleanza Assicurazioni SpA (a) 25,223 329,748 Arnoldo Mondadori Editore SpA (a) 25,601 250,672 Banca Intesa SpA 574,538 4,290,961 Banca Monte dei Paschi di Siena SpA 11,732 79,461 Banca Popolare di Verona e Novara S.c.r.l. (a) 6,777 195,318 Banca Profilo SpA 20,540 64,011 Banche Popolari Unite S.c.r.l. 23,709 603,581 Capitalia SpA 93,620 931,852 Credito Artigiano SpA 15,021 81,654 Cremonini SpA 20,878 69,646 Enel SpA (a) 346,664 3,733,792 Eni SpA 155,660 5,655,097 ERGO Previdenza SpA 26,212 162,931 Fiera Milano SpA 3,690 39,818 Gruppo Editoriale L'Espresso SpA (a) 84,927 449,617 Mediaset SpA 16,164 167,111 Mediobanca SpA 12,231 278,503 Mediolanum SpA (a) 26,854 224,134 Milano Assicurazioni SpA 25,048 208,722 Piccolo Credito Valtellinese Scarl (a) 8,391 128,057 Pirelli & C. Real Estate SpA 4,151 241,512 Premuda SpA 77,036 160,119 Recordati SpA 20,606 171,986 Snam Rete Gas SpA (a) 86,226 510,644 Societa Cattolica di Assicurazioni S.c.r.l. 3,000 173,856 Sogefi SpA 591 5,779 Telecom Italia SpA 565,344 1,549,957 Terna SpA 90,509 312,927 UniCredito Italiano SpA 280,595 2,512,489 ------------- Total Italy 23,583,955 ------------- Japan--0.2% Arisawa Manufacturing Co., Ltd. 5,900 51,072 Avex Group Holdings, Inc. 700 9,472 Chugai Mining Co., Ltd. 67,300 50,136 Denki Kogyo Co., Ltd. 1,000 7,992 Kyokuto Securities Co., Ltd. 1,800 21,280 Marusan Securities Co., Ltd. 500 5,608 Nippon Parking Development Co., Ltd. 452 32,538 Okasan Holdings, Inc. 2,000 13,264 Oracle Corp. Japan (a) 2,900 127,746 Riken Corp. 6,000 31,872 SBI Holdings, Inc. 54 17,119 Takagi Securities Co., Ltd. 8,000 32,584 TonenGeneral Sekiyu K.K. 11,000 107,154 Uniden Corp. 4,000 29,216 Yushiro Chemical Industry Co., Ltd. 300 5,624 ------------- Total Japan 542,677 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree DEFA High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Netherlands--4.1% ABN AMRO Holding N.V. 54,987 $ 2,528,645 Aegon N.V. 43,429 858,681 Ballast Nedam N.V. 282 15,329 Heijmans N.V. 1,184 69,974 ING Groep N.V. 68,132 3,017,194 Nutreco Holding N.V. 936 68,452 OCE N.V. 4,913 95,813 Reed Elsevier N.V. 18,787 358,771 Royal KPN N.V. 80,920 1,346,410 Stork N.V. 3,154 204,462 Unilever N.V. 42,757 1,326,991 ------------- Total Netherlands 9,890,722 ------------- New Zealand--0.8% Air New Zealand Ltd. 46,866 95,585 Auckland International Airport Ltd. 56,284 142,622 CanWest MediaWorks (NZ) Ltd. 15,279 27,503 Contact Energy Ltd. 17,163 119,466 Fisher & Paykel Appliances Holdings Ltd. 12,821 34,469 Fletcher Building Ltd. 21,927 209,205 Freightways Ltd. 6,705 20,357 Infratil Ltd. 12,850 31,668 New Zealand Refining Co., Ltd. (The) 13,513 78,296 Nuplex Industries Ltd. 4,095 22,715 Telecom Corp. of New Zealand Ltd. (a) 230,422 817,077 Vector Ltd. 26,164 54,979 Warehouse Group Ltd. (The) 43,050 201,878 ------------- Total New Zealand 1,855,820 ------------- Norway--0.6% Acta Holding ASA 19,304 101,319 Aker Yards ASA 3,500 61,036 Aktiv Kapital ASA 2 33 Camillo Eitzen & Co. ASA 16,800 173,508 DnB NOR ASA 45,524 587,322 Ekornes ASA (a) 2,750 62,623 Norske Skogindustrier ASA 10,502 151,493 Sparebanken Midt-Norge 15,900 188,441 Sparebanken Nord-Norge 3,800 90,394 Storebrand ASA 4 62 Veidekke ASA 8,760 92,697 ------------- Total Norway 1,508,928 ------------- Portugal--0.4% Brisa-Auto-estradas de Portugal S.A. 9,111 122,433 Portugal Telecom, SGPS, S.A. 57,426 793,405 SAG Gest-Solucoes Automovel Globais, SGPS, S.A. 9,078 22,804 ------------- Total Portugal 938,642 ------------- Singapore--1.5% ComfortDelgro Corp., Ltd. 70,000 99,774 DBS Group Holdings Ltd. 58,000 864,625 Fraser and Neave Ltd. 62 221 Jaya Holdings Ltd. 35,000 40,047 OSIM International Ltd. 22,000 10,213 SembCorp Marine Ltd. 35,000 112,132 Singapore Airlines Ltd. 33,000 405,636 Singapore Airport Terminal Services Ltd. 35,000 70,941 Singapore Post Ltd. 95,000 78,885 Singapore Press Holdings Ltd. 47,000 142,587 Singapore Telecommunications Ltd. 394,900 877,871 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree DEFA High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- SMRT Corp. Ltd. 70,000 $ 90,163 StarHub Ltd. 63,642 127,330 United Overseas Bank Ltd. 45,000 647,292 UOB-Kay Hian Holdings Ltd. 35,000 49,430 ------------- Total Singapore 3,617,147 ------------- Spain--6.2% Banco Bilbao Vizcaya Argentaria, Chile, S.A. 124,340 3,056,279 Banco Popular Espanol, S.A. 30,565 570,484 Banco Santander Central Hispano S.A. 241,926 4,472,977 Endesa S.A. (a) 41,365 2,246,352 Gestevision Telecinco, S.A. (a) 13,933 395,914 Telefonica, S.A. 176,752 3,948,304 ------------- Total Spain 14,690,310 ------------- Sweden--2.4% AB Volvo Class A 10 206 AB Volvo Class B 31,400 627,341 Axfood AB 1,802 63,858 Bilia AB Class A 2,200 40,425 Boliden AB 6,350 132,191 Brostrom AB Class B 5,200 55,168 D. Carnegie & Co. AB 12,402 217,485 Fabege AB 7,604 83,723 H&M Hennes & Mauritz AB Class B 4 237 HiQ International AB 6,400 38,173 Intrum Justitia AB 7,000 93,405 KappAhl Holding AB 5,400 60,834 Kungsleden Fastighets AB 22,402 280,139 Nolato AB Class B 6,400 56,933 Nordea Bank AB 82,418 1,292,063 Oresund Investment AB 802 18,889 Sandvik AB 6 122 Scania AB Class A (a) 8 202 Skanska AB Class B 14,004 301,229 SKF AB Class B 13,204 278,244 Svenska Cellulosa Aktiebolaget SCA Class B 19,800 332,060 Svenska Handelsbanken Class A 18,704 525,071 Swedbank AB Class A 17,504 635,609 TeliaSonera AB 81,500 600,209 Trelleborg AB Class B 1,800 49,743 ------------- Total Sweden 5,783,559 ------------- Switzerland--1.9% Baloise Holding AG 1,690 166,987 Bellevue Group AG 2,274 178,120 Ciba Specialty Chemicals Holding Inc. 2,270 147,709 Swiss Reinsurance Co. 3,584 327,227 Swisscom AG 2,240 765,339 UBS AG 32,593 1,957,282 Zurich Financial Services AG 3,443 1,065,403 ------------- Total Switzerland 4,608,067 ------------- United Kingdom--29.5% Aero Inventory PLC 18,409 175,718 Alliance & Leicester PLC 20,834 462,311 AstraZeneca PLC 36,128 1,944,782 Aviva PLC 97,138 1,449,027 Barclays PLC 246,892 3,447,645 BP PLC 576,891 6,979,388 Bradford & Bingley PLC 59,026 468,082 British American Tobacco PLC 69,318 2,361,512 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree DEFA High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- BT Group PLC 327,251 $ 2,183,127 Centrica PLC 95,132 741,522 Compass Group PLC 96,035 666,190 Diageo PLC 85,017 1,768,849 Electrocomponents PLC 4,321 22,974 Friends Provident PLC 94,798 340,834 GlaxoSmithKline PLC 165,892 4,343,525 HBOS PLC 134,508 2,659,568 HMV Group PLC 18,670 44,669 HSBC Holdings PLC 417,233 7,659,598 Imperial Tobacco Group PLC 20,797 962,619 ITV PLC 234,479 537,250 Kelda Group PLC 5,172 97,802 Kelda Group PLC Class B* 32,214 129,265 Kingfisher PLC 162,634 739,070 Ladbrokes PLC 60,240 523,334 Legal & General Group PLC 198,812 598,728 Lloyds TSB Group PLC 318,913 3,557,569 LogicaCMG PLC 154,305 469,802 National Grid PLC 85,662 1,268,384 Northern Rock PLC 24,904 433,706 Old Mutual PLC 157,288 533,005 Pearson PLC 33,807 571,795 Persimmon PLC 21,916 509,186 Rentokil Initial PLC 169,752 546,633 Resolution PLC 34,633 434,981 Royal & Sun Alliance Insurance Group 75,678 220,922 Royal Bank of Scotland Group (The) PLC 298,860 3,795,577 Royal Dutch Shell PLC Class A 122,772 5,005,796 Scottish & Newcastle PLC 43,360 557,205 Scottish & Southern Energy PLC 30,565 888,585 Severn Trent PLC 5,809 161,187 Smiths Group PLC 19,045 452,799 Tomkins PLC 53,787 280,580 Unilever PLC 43,277 1,402,284 United Utilities PLC 53,420 760,436 Vodafone Group PLC 2,008,677 6,762,517 Yell Group PLC 48,069 445,808 ------------- Total United Kingdom 70,366,146 ------------- TOTAL COMMON STOCKS (Cost: $223,677,440) 237,797,312 ============= RIGHTS* - 0.0% Italy-0.0% Unipol SpA, expiring on 7/03/07 (Cost: $0) 53,877 -- ------------- TOTAL LONG-TERM INVESTMENTS (Cost: $223,677,440) 237,797,312 ============= SHORT-TERM INVESTMENT--0.5% MONEY MARKET FUND - 0.5% United States--0.5% Columbia Cash Reserves Fund, 4.96% (b) (Cost: $1,189,500) 1,189,500 1,189,500 ============= See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(concluded) WisdomTree DEFA High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--10.4% MONEY MARKET FUNDS(c) --10.4% UBS Enhanced Yield Portfolio, 5.27% 8,799,564 $ 8,799,564 UBS Private Money Market Fund LLC, 5.25% 16,032,209 16,032,209 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $24,831,773)(d) 24,831,773 ============= TOTAL INVESTMENTS IN SECURITIES --110.4% (Cost: $249,698,713)(e) 263,818,585 Liabilities in Excess of Foreign Currency and Other Assets--(10.4)% (24,857,743) ------------- NET ASSETS--100.0% $ 238,960,842 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $23,439,500 and the total market value of the collateral held by the Fund was $24,831,773. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 8 WisdomTree DEFA High-Yielding Equity Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 43.5% Communications 14.3% Energy 11.2% Consumer Non-Cyclical 9.5% Utilities 9.1% Industrial 4.3% Consumer Cyclical 3.7% Basic Materials 3.1% Technology 0.4% Diversified 0.4% Other 0.5% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Europe Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.6% Austria--0.5% Andritz AG 128 $ 8,469 Bank Austria Creditanstalt AG 549 106,028 BOEHLER-UDDEHOLM AG 192 19,189 Flughafen Wien AG 96 9,480 OMV AG 882 58,952 Semperit AG Holding 102 4,381 voestalpine AG 353 29,797 Wiener Staedtische AG 168 11,980 Wienerberger AG 318 23,492 ------------- Total Austria 271,768 ------------- Belgium--2.6% Barco N.V. 269 24,951 Belgacom S.A. 3,077 136,513 Compagnie Maritime Belge S.A. 734 51,578 Delhaize Group 295 29,024 Dexia N.V. 4,691 147,045 Euronav N.V. 726 26,444 Fortis N.V. 10,577 450,113 Groep Colruyt S.A. 120 25,119 InBev N.V. 1,100 87,398 KBC Ancora 336 39,343 KBC Groep N.V. 1,732 233,962 Mobistar S.A. 551 47,030 Solvay S.A. 358 56,482 UCB S.A. 454 26,887 Umicore 136 29,621 ------------- Total Belgium 1,411,510 ------------- Denmark--0.6% A/S Dampskibsselskabat TORM 900 33,728 Carlsberg A/S Class B 150 18,157 Codan A/S 170 18,542 Danisco A/S 50 3,734 Danske Bank A/S 4,003 164,182 H. Lundbeck A/S 601 15,270 Novo-Nordisk A/S Class B 751 81,776 Novozymes A/S Class B 50 5,808 Sydbank A/S 50 2,396 ------------- Total Denmark 343,593 ------------- Finland--2.5% Elcoteq SE 7,405 62,505 Elektrobit Corp. 3,714 9,430 Elisa Oyj 1,203 32,852 Fortum Oyj 8,000 250,554 KCI Konecranes Oyj 621 26,092 Kemira Oyj 804 18,524 Kesko Oyj Class B 398 26,521 Metso Oyj 804 47,582 Nokia Oyj 13,300 373,796 Nokian Renkaat Oyj 530 18,625 OKO Bank PLC Class A 804 14,952 Outokumpu Oyj 806 27,235 Rautaruukki Oyj 2,095 134,595 Sampo Oyj Class A 3,200 92,313 Sanoma-WSOY Oyj 771 24,439 Stora Enso Oyj Class R 3,200 60,418 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Europe Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- TietoEnator Oyj 645 $ 20,819 UPM-Kymmene OYJ (a) 3,200 79,088 Uponor Corp. 398 15,502 Wartsila Oyj Class B 405 26,747 YIT Oyj 804 25,354 ------------- Total Finland 1,387,943 ------------- France--17.4% Accor S.A. 2,144 190,297 Air France-KLM 3,139 146,640 April Group 2,011 106,058 Assurances Generales de France 894 149,970 Assystem (a) 5,974 116,585 AXA S.A. 15,052 650,714 BNP Paribas 4,725 563,855 Bouygues S.A. 1,233 103,561 Carrefour S.A. 3,013 212,168 Casino Guichard Perrachon S.A. 1,569 158,926 Christian Dior S.A. 1,268 164,777 Cie de Saint-Gobain S.A. 1,865 209,990 CNP Assurances S.A. 1,202 154,138 Compagnie Generale des Etablissements Michelin Class B 1,666 233,664 Credit Agricole S.A. (a) 8,222 335,237 Electricite de France 2,387 258,804 Gaz de France 3,467 175,542 Groupe Danone 2,009 162,850 Ipsen 2,700 138,566 IPSOS 1,293 47,149 Lafarge S.A. 1,076 196,762 Lagardere SCA 1,584 137,876 L'Air Liquide S.A. 1,276 167,919 L'Oreal S.A. 1,855 219,963 LVMH Moet Hennessy Louis Vuitton S.A. 1,364 157,578 Natixis 15,701 383,386 PPR S.A. 1,029 180,052 Renault S.A. 1,661 267,419 Sanofi-Aventis 4,322 350,808 Schneider Electric S.A. 1,244 174,947 Sechilienne-Sidec 1,156 74,924 Societe Generale 2,319 430,734 Ste Industrielle d'Aviation Latecoere S.A. 2,053 69,095 Suez S.A. 10,182 584,293 Technip S.A. 283 23,429 TOTAL S.A. 15,515 1,262,675 VINCI S.A. 2,727 204,330 Vivendi S.A. 9,611 414,196 ------------- Total France 9,579,877 ------------- Germany--9.5% adidas AG 884 55,850 Allianz SE 1,522 356,821 Balda AG 104 1,490 BASF AG 2,272 298,376 Bayer AG 2,917 221,009 Bayer Schering Pharma AG 184 25,819 Bayerische Motoren Werke AG 1,342 87,015 Beate Uhse AG 1,006 4,810 Beiersdorf AG 542 38,679 Celesio AG 1,357 88,226 Commerzbank AG 1,785 85,557 Continental AG 263 37,097 DaimlerChrysler AG 4,600 426,118 Deutsche Bank AG 1,519 221,171 Deutsche Boerse AG 957 108,245 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Europe Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Deutsche Lufthansa AG 3,411 $ 95,636 Deutsche Post AG 5,743 186,382 Deutsche Postbank AG 917 80,586 Deutsche Telekom AG 37,478 692,931 E.ON AG 3,164 531,109 Fresenius Medical Care AG & Co. KGaA 1,651 76,102 Grenkeleasing AG 1,916 88,757 Hypo Real Estate Holding AG 1,021 66,202 IKB Deutsche Industriebank AG 886 32,368 MAN AG 917 132,217 Metro AG 1,084 90,007 Muenchener Rueckversicherungs- Gesellshaft AG 941 173,079 RWE AG 2,071 220,934 Siemens AG 3,140 451,935 ThyssenKrupp AG 1,984 118,246 Volkswagen AG 901 143,709 ------------- Total Germany 5,236,483 ------------- Ireland--0.7% Allied Irish Banks PLC 4,560 124,463 Anglo Irish Bank Corp. PLC 1,100 22,433 Bank of Ireland 4,634 93,689 CRH PLC 1,132 55,970 DCC PLC 224 7,466 FBD Holdings PLC 210 5,754 Fyffes PLC 5,302 6,301 Glanbia PLC 1,696 8,200 IAWS Group PLC 311 6,515 Independent News & Media PLC 2,937 14,825 Irish Life & Permanent PLC 1,148 28,916 Kerry Group PLC Class A 256 7,157 Kingspan Group PLC 334 9,342 McInerney Holdings PLC 1,755 5,599 ------------- Total Ireland 396,630 ------------- Italy--9.5% Actelios SpA 116 1,408 AEM SpA (a) 29,255 107,764 Alleanza Assicurazioni SpA (a) 6,007 78,531 Apulia Prontoprestito SpA 45,931 102,353 Assicurazioni Generali SpA (a) 4,610 185,287 Autogrill SpA 4,300 91,118 Autostrade SpA 2,392 79,535 Banca Carige SpA (a) 14,640 68,115 Banca Intesa SpA 95,641 714,298 Banca Monte dei Paschi di Siena SpA 11,750 79,583 Banca Popolare dell'Etruria e del Lazio 7,118 147,467 Capitalia SpA 11,678 116,238 Enel SpA (a) 54,334 585,212 Eni SpA 33,017 1,199,501 ERG SpA 693 18,925 ERGO Previdenza SpA 1,987 12,351 Finmeccanica SpA 3,092 95,336 Ifil Investments SpA 12,213 131,789 Luxottica Group SpA 2,678 104,091 Mediobanca SpA 3,427 78,034 Pirelli & C. Real Estate SpA 1,018 59,229 Recordati SpA 18,767 156,637 Snam Rete Gas SpA (a) 15,471 91,622 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree Europe Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Telecom Italia SpA 95,741 $ 262,485 Terna SpA 24,152 83,503 UniCredito Italiano SpA 48,665 435,754 Unione di Banche Italiane SCPA 5,918 150,660 ------------- Total Italy 5,236,826 ------------- Netherlands--5.3% ABN AMRO Holding N.V. 13,043 599,797 AEGON N.V. 7,793 154,084 Akzo Nobel N.V. 1,148 99,166 European Aeronautic Defence & Space Co. EADS N.V. 1,966 64,043 Heineken Holding N.V. 957 49,566 Heineken N.V. 869 51,041 Hunter Douglas N.V. 510 48,228 ICT Automatisering N.V. 178 3,358 ING Groep N.V. 12,315 545,363 Koninklijke DSM N.V. 861 42,501 Koninklijke Philips Electronics N.V. 3,395 144,706 Koninklijke Wessanen N.V. 83 1,380 Mittal Steel Co. N.V. 1,108 69,658 Randstad Holding N.V. 961 76,380 Reed Elsevier N.V. 2,190 41,822 Royal KPN N.V. 15,310 254,740 STMicroelectronics N.V. 5,895 114,247 TNT N.V. 1,489 67,227 Unilever N.V. 12,415 386,230 USG People N.V. 516 24,321 Vedior N.V. 1,672 50,153 Wolters Kluwer N.V. 1,442 44,111 ------------- Total Netherlands 2,932,122 ------------- Norway--1.6% Acta Holding ASA 4,403 23,110 Aker ASA Class A 160 10,795 Aker Yards ASA 800 13,951 Aktiv Kapital ASA 1 16 DnB NOR ASA 8,706 112,319 Ekornes ASA 700 15,940 Norsk Hydro ASA 5,653 218,220 Norske Skogindustrier ASA 1,602 23,109 Orkla ASA 4,005 75,945 Sparebanken 1 SR Bank 1,100 30,637 Sparebanken Midt-Norge 4,100 48,592 Sparebanken Nord-Norge 850 20,220 Statoil ASA 6,005 186,565 Storebrand ASA 3,003 46,827 Telenor ASA 4 78 Yara International ASA 1,501 45,236 ------------- Total Norway 871,560 ------------- Portugal--0.9% Banco BPI, S.A. 2,264 20,119 Banco Comercial Portugues S.A. Class R 16,037 89,667 Banco Espirito Santo, S.A. 2,376 52,883 Brisa-Auto-estradas de Portugal S.A. 2,518 33,837 EDP-Energias de Portugal, S.A. 18,252 100,819 Jeronimo Martins, SGPS, S.A. 2,791 16,472 Mota-Engil, SGPS, S.A. 1,100 10,548 Portucel-Empresa Produtora De Pasta E Papel, S.A. 2,678 10,850 Portugal Telecom, SGPS, S.A. 9,209 127,233 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree Europe Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- PT Multimedia - Servicos de Telecomunicacoes e Multimedia, SGPS, S.A. 1,396 $ 22,455 SAG Gest-Solucoes Automovel Globais, SGPS, S.A. 2,718 6,828 Semapa-Sociedade de Investimento e Gestao, SGPS, S.A. 869 15,656 Sonae SGPS, S.A. 5,597 15,874 ------------- Total Portugal 523,241 ------------- Spain--8.1% Abertis Infraestructuras S.A. 2,064 64,197 Acciona, S.A. 295 80,599 ACS, Actividades Construccion y Servicios, S.A. 1,116 71,321 Altadis, S.A. 981 65,185 Banco Bilbao Vizcaya Argentaria, Chile, S.A. 18,232 448,143 Banco Guipuzcoano S.A. 6,588 129,547 Banco Popular Espanol, S.A. 5,496 102,581 Banco Sabadell S.A. (a) 4,975 54,760 Banco Santander Central Hispano S.A. 43,915 811,945 Bankinter, S.A. 527 47,260 Campofrio Alimentacion S.A. 1,909 37,900 Cia Espanola De Petroleos, S.A. (a) 885 82,830 Endesa S.A. 8,713 473,165 Fomento de Construcciones y Contratas S.A. 606 54,794 Gas Natural SDG, S.A. 2,072 126,289 Gestevision Telecinco, S.A. 2,693 76,523 Grupo Catalana Occidente S.A. 3,898 153,301 Grupo Ferrovial S.A. 622 61,365 IBERDROLA, S.A. 4,996 280,217 Inditex S.A. 1,124 66,444 Metrovacesa S.A. 1,716 190,039 Montebalito S.A. 468 9,335 Red Electrica de Espana, S.A. 1,128 52,985 Repsol YPF, S.A. 4,667 184,363 Tavex Algodonera S.A. 10,861 46,792 Telefonica, S.A. 28,538 637,485 Union Fenosa, S.A. 1,100 58,904 ------------- Total Spain 4,468,269 ------------- Sweden--3.9% AB SKF Class B 3,204 68,218 AB Volvo Class A 1,905 39,171 AB Volvo Class B 2,310 46,151 Alfa Laval AB 801 48,477 Assa Abloy AB Class B 1,602 35,394 Atlas Copco AB Class A 3,204 53,733 Atlas Copco AB Class B 2,604 41,013 Electrolux AB Series B 2,403 57,121 Eniro AB 1,003 12,762 Getinge AB Class B 1,600 34,591 H&M Hennes & Mauritz AB Class B 3,602 213,529 Hexagon AB Class B 2,403 46,433 Investment AB Kinnevik Class B 2,403 47,309 L E Lundbergforetagen AB Class B 400 29,283 Nordea Bank AB 16,012 251,019 Sandvik AB 4,804 97,380 Scania AB Class A 4,304 108,899 Scania AB Class B 3,204 78,497 Securitas AB Class B 1,602 25,465 Skandinaviska Enskilda Banken AB 3,202 103,664 SSAB Svenskt Stal AB Series A 1,303 53,680 Svenska Cellulosa Aktiebolaget SCA Class B 2,203 36,946 Svenska Handelsbanken AB Class A 3,202 89,889 Swedbank AB Class A 3,202 116,272 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree Europe Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Swedish Match AB 1,602 $ 30,955 Telefonaktiebolaget LM Ericsson Class A 8,006 31,897 Telefonaktiebolaget LM Ericsson Class B 54,030 216,366 TeliaSonera AB (a) 19,515 143,719 ------------- Total Sweden 2,157,833 ------------- Switzerland--4.7% Adecco S.A. 646 50,047 Baloise Holding AG 446 44,069 Ciba Specialty Chemicals Holding Inc. 678 44,118 Credit Suisse Group 5,002 356,499 Givaudan S.A. 48 47,389 Holcim Ltd. 566 61,329 Julius Baer Holdings AG 941 67,489 Kuehne + Nagel International AG 534 49,148 Nestle S.A. 1,449 550,941 Novartis AG 6,565 369,603 Roche Holding AG 1,316 233,435 Swatch Group AG (The) 204 58,091 Swiss Reinsurance Co. 1,433 130,836 Swisscom AG 350 119,584 UBS AG 7,108 426,851 ------------- Total Switzerland 2,609,429 ------------- United Kingdom--31.8% Abacus Group PLC 3,368 6,673 Accident Exchange Group PLC 10,693 28,695 Aero Inventory PLC 6,489 61,939 Anglo American PLC 4,082 241,193 AstraZeneca PLC 8,268 445,069 Aviva PLC 19,142 285,545 BAE SYSTEMS PLC 33,592 272,959 Barclays PLC 44,267 618,151 BG Group PLC 17,428 287,251 BHP Billiton PLC 12,318 343,527 Blacks Leisure Group PLC 8,230 51,518 Bloomsbury Publishing PLC 8,726 34,665 BP PLC 97,772 1,182,873 Bradford & Bingley PLC 88 698 British American Tobacco PLC 15,706 535,068 British Sky Broadcasting PLC 11,917 153,022 BT Group PLC 78,085 520,913 Centrica PLC 42,785 333,495 Compass Group PLC 34,650 240,365 Dawson Holdings PLC 12,297 26,029 Diageo PLC 15,438 321,200 Erinaceous Group PLC 4,094 17,660 FirstGroup PLC 2,833 37,969 GlaxoSmithKline PLC 28,303 741,052 HBOS PLC 25,916 512,425 HSBC Holdings PLC 74,548 1,368,558 Imperial Tobacco Group PLC 4,227 195,653 Johnson Service Group PLC 4,433 30,685 Kensington Group PLC 5,769 53,099 Kingfisher PLC 2,896 13,161 Lloyds TSB Group PLC 70,950 791,467 London Scottish Bank PLC 3,396 6,814 Marks & Spencer Group PLC 18,770 236,499 National Grid PLC 22,952 339,847 Old Mutual PLC 72,046 244,144 Pearson PLC 15,428 260,942 Persimmon PLC 3,384 78,622 Provident Financial PLC 10,586 149,205 Prudential PLC 22,224 318,366 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(concluded) WisdomTree Europe Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Reckitt Benckiser PLC 4,442 $ 243,749 Reed Elsevier PLC 19,182 248,811 Rentokil Initial PLC 1,795 5,780 Rio Tinto PLC 4,290 329,399 Royal Bank of Scotland Group (The) PLC 54,662 694,216 Royal Dutch Shell PLC Class A 22,784 929,076 Royal Dutch Shell PLC Class B 10,083 421,391 SABMiller PLC 12,448 316,184 Sage Group PLC (The) 33,220 156,297 Scottish & Southern Energy PLC 10,616 308,628 Smiths News PLC 8,029 21,586 Standard Chartered PLC 10,668 348,881 Tesco PLC 34,138 286,642 Tribal Group PLC 22,461 68,836 Tullow Oil PLC 7,498 73,413 Unilever PLC 8,980 290,975 Vodafone Group PLC 355,138 1,195,625 Wagon PLC 2,384 4,042 Wolseley PLC 8,981 216,589 ------------- Total United Kingdom 17,547,136 ------------- TOTAL COMMON STOCKS (Cost: $50,005,213) 54,974,220 ============= SHORT-TERM INVESTMENT--0.4% MONEY MARKET FUND--0.4% United States--0.4% Columbia Cash Reserves Fund, 4.96%(b) (Cost: $196,590) 196,590 196,590 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--2.1% MONEY MARKET FUND--2.1%(c) UBS Enhanced Yield Portfolio, 5.27% 987,481 987,481 UBS Private Money Market Fund LLC, 5.25% 185,432 185,432 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $1,172,913)(d) 1,172,913 ============= TOTAL INVESTMENTS IN SECURITIES--102.1% (Cost: $51,374,716)(e) 56,343,723 Liabilities in Excess of Cash, Foreign Currency and Other Assets--(2.1)% (1,154,226) ------------- NET ASSETS--100.0% $ 55,189,497 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $1,113,987 and the total market value of the collateral held by the Fund was $1,172,913. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 7 WisdomTree Europe Total Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 33.6% Consumer Non-Cyclical 15.0% Communications 11.6% Energy 11.2% Utilities 9.0% Industrial 6.7% Consumer Cyclical 6.4% Basic Materials 4.8% Technology 0.7% Diversified 0.6% Other 0.4% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Europe High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.3% Belgium--3.0% Belgacom S.A. 6,042 $ 268,057 Compagnie Maritime Belge S.A. 615 43,216 Dexia N.V. 5,268 165,132 Euronav N.V. 4,076 148,466 Fortis N.V. 20,648 878,693 KBC Ancora 215 25,175 KBC Groep N.V. 857 115,765 ------------- Total Belgium 1,644,504 ------------- Denmark--0.6% A/S Dampskibsselskabet TORM 2 75 Danske Bank A/S 5,108 209,504 Trygvesta A/S 1,400 110,014 ------------- Total Denmark 319,593 ------------- Finland--1.8% OKO Bank PLC Class A 2,411 44,838 Poyry Oyj 1,609 35,746 Rautaruukki Oyj 5,166 331,893 Sampo Oyj Class A 6,228 179,664 Sanoma-WSOY Oyj 2,009 63,680 Stora Enso Oyj Class R 6,829 128,936 UPM-Kymmene Corp. (a) 6,429 158,893 Uponor Corp. 805 31,355 ------------- Total Finland 975,005 ------------- France--18.0% Assurances Generales de France (a) 1,828 306,650 AXA S.A. 32,859 1,420,531 BNP Paribas 9,315 1,111,602 Casino Guichard Perrachon S.A. 1,212 122,765 Credit Agricole S.A. 6,537 266,534 Euler Hermes S.A. 680 96,705 M6, Metropole Television 2,462 80,234 Natixis 34,602 844,910 Rallye S.A. 685 46,247 Renault S.A. 4,045 651,241 Schneider Electric S.A. 694 97,599 Societe Generale 6,583 1,222,734 Suez S.A. 18,216 1,045,323 TOTAL S.A. 19,880 1,617,917 Valeo S.A. 1,186 63,766 Vivendi S.A. 17,927 772,583 ------------- Total France 9,767,341 ------------- Germany--7.4% AWD Holding AG 495 21,112 BASF AG 5,100 669,771 Bayer Schering Pharma AG 4,467 626,819 Deutsche Bank AG 2,013 293,098 Deutsche Lufthansa AG 4,547 127,486 Deutsche Post AG 10,786 350,045 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Europe High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Deutsche Telekom AG 75,890 $ 1,403,133 Muenchener Rueckversicherungs- Gesellschaft AG 1,627 299,256 Norddeutsche Affinerie AG 1,340 59,215 RWE AG 1,635 174,422 ------------- Total Germany 4,024,357 ------------- Ireland--0.8% Abbey PLC 1,525 20,959 Allied Irish Banks PLC 10,850 296,146 Fyffes PLC 4,915 5,841 Irish Life & Permanent PLC 4,027 101,431 ------------- Total Ireland 424,377 ------------- Italy--13.0% Alleanza Assicurazioni SpA (a) 13,633 178,229 Arnoldo Mondadori Editore SpA 6,502 63,664 ASM SpA 7,145 43,399 Banca Intesa SpA 184,344 1,376,781 Enel SpA 141,976 1,529,171 Eni SpA 56,188 2,041,299 Milano Assicurazioni SpA 8,041 67,005 Pirelli & C. Real Estate SpA 1,050 61,091 Snam Rete Gas SpA (a) 29,599 175,290 Telecom Italia SpA 136,652 374,647 Terna SpA 36,820 127,302 UniCredito Italiano SpA (a) 97,639 874,274 Unione di Banche Italiane SCPA 5,749 146,357 ------------- Total Italy 7,058,509 ------------- Netherlands--4.1% ABN AMRO Holding N.V. 23,134 1,063,846 ING Groep N.V. 26,604 1,178,146 Royal KPN N.V. 1,235 20,549 ------------- Total Netherlands 2,262,541 ------------- Norway--0.8% ABG Sundal Collier ASA 8,009 20,882 Acta Holding ASA 6,109 32,064 Aker ASA Class A 1,000 67,470 Aker Yards ASA 1,300 22,671 Camillo Eitzen & Co. ASA 611 6,310 DnB NOR ASA 15,917 205,351 Ekornes ASA 701 15,963 Norske Skogindustrier ASA 3,404 49,103 Sparebanken Midt-Norge 701 8,308 Storebrand ASA 5 78 Veidekke ASA 2,000 21,164 ------------- Total Norway 449,364 ------------- Portugal--0.3% Portugal Telecom, SGPS, S.A. 12,926 178,587 ------------- Spain--8.0% Banco Bilbao Vizcaya Argentaria, Chile, S.A. 17,519 430,617 Banco Santander Central Hispano, S.A. 80,416 1,486,814 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Europe High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Endesa S.A. 18,564 $ 1,008,130 Gestevision Telecinco, S.A. 4,267 121,249 Telefonica S.A. 57,641 1,287,590 ------------- Total Spain 4,334,400 ------------- Sweden--2.9% AB SKF 6 129 AB Volvo Class A 10 206 AB Volvo Class B 8,500 169,821 Axfood AB 601 21,298 Brostrom AB Class B 29,000 307,669 D. Carnegie & Co. AB 1,700 29,812 Electrolux AB Series B 4 95 Fabege AB 3,204 35,277 H&M Hennes & Mauritz AB Class B 8 474 Holmen AB Class B 401 16,988 Kungsleden Fastighets AB 2,403 30,050 Nordea Bank AB 28,732 450,430 Ratos AB Class B 2 64 Scania AB Class A 8 202 Svenska Cellulosa Aktiebolaget SCA Class B 3,606 60,475 Svenska Handelsbanken AB Class A 8,307 233,200 Swedbank AB Class A 5,906 214,460 ------------- Total Sweden 1,570,650 ------------- Switzerland--0.9% Ciba Specialty Chemicals Holding Inc. 826 53,748 Swisscom AG 814 278,119 Zurich Financial Services AG 561 173,596 ------------- Total Switzerland 505,463 ------------- United Kingdom--37.7% Alexon Group PLC 15,274 78,145 AstraZeneca PLC 15,447 831,518 Aviva PLC 26,536 395,843 Barclays PLC 84,682 1,182,515 BP PLC 137,523 1,663,792 British American Tobacco PLC 22,315 760,223 BT Group PLC 76,185 508,238 Diageo PLC 29,551 614,833 GlaxoSmithKline PLC 33,674 881,682 HBOS PLC 46,142 912,345 HSBC Holdings PLC 117,440 2,155,973 Imperial Tobacco Group PLC 1,855 85,861 Kingfisher PLC 80,036 363,714 Legal & General Group PLC 145,259 437,452 Lloyds TSB Group PLC 135,053 1,506,556 National Grid PLC 38,578 571,219 Old Mutual PLC 114,967 389,591 Pearson PLC 19,662 332,554 Rentokil Initial PLC 84,028 270,586 Royal Bank of Scotland Group (The) PLC 102,576 1,302,734 Royal Dutch Shell PLC Class A 42,851 1,747,168 Smiths Group PLC 13,955 331,782 Unilever PLC 20,775 673,162 Vodafone Group PLC 745,007 2,508,180 ------------- Total United Kingdom 20,505,666 ------------- TOTAL COMMON STOCKS (Cost: $49,667,981) 54,020,357 ============= See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(concluded) WisdomTree Europe High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- SHORT-TERM INVESTMENT--0.2% MONEY MARKET FUND--0.2% United States - 0.2% Columbia Cash Reserves Fund, 4.96% (b) (Cost: $98,538) 98,538 $ 98,538 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--3.1% MONEY MARKET FUNDS 3.1%(c) UBS Enhanced Yield Portfolio, 5.27% 1,217,688 1,217,688 UBS Private Money Market Fund LLC, 5.25% 485,187 485,187 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $1,702,875)(d) 1,702,875 ------------- TOTAL INVESTMENTS IN SECURITIES--102.6% (Cost: $51,469,394) (e) 55,821,770 Liabilities is Excess of Cash, Foreign Currency and Other Assets --(2.6)% (1,421,560) ------------- NET ASSETS--100.0% $ 54,400,210 ============= * Non-income producing security (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $1,592,732 and the total market value of the collateral held by the Fund was $1,702,875. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. 4 WisdomTree Europe High-Yielding Equity Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 45.2% Communications 15.2% Energy 13.0% Consumer Non-Cyclical 9.6% Utilities 8.6% Basic Materials 2.7% Consumer Cyclical 2.5% Industrial 2.4% Diversified 0.1% Other 0.7% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Europe SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.6% Austria--0.9% AT&S Austria Technologie & Systemtechnik AG 7,391 $ 185,664 Flughafen Wien AG 8,097 799,597 Schoeller-Bleckmann Oilfield Equipment AG 2,065 143,990 Semperit AG Holding 7,218 309,995 ------------- Total Austria 1,439,246 ------------- Belgium--4.1% Barco N.V. 5,982 554,865 Cofinimmo 6,227 1,186,213 Cumerio N.V. 12,694 522,888 Econocom Group S.A./N.V. (a) 13,237 160,716 Euronav N.V. 55,280 2,013,538 EVS Broadcast Equipment S.A. 5,128 422,532 Exmar N.V. 6,407 208,537 Melexis N.V. 17,658 318,848 Tessenderlo Chemie N.V. 15,792 968,073 ------------- Total Belgium 6,356,210 ------------- Denmark--1.4% A/S Dampskibsselskabat TORM 20 750 Amagerbanken A/S 5,680 362,332 Auriga Industries A/S Class B (a) 8,661 278,211 Bang & Olufsen A/S Class B (a) 3,130 374,337 NKT Holding A/S 11 1,096 Rella Holding A/S 11,150 214,493 SimCorp A/S 2,710 649,197 Spar Nord Bank A/S 12,317 298,414 ------------- Total Denmark 2,178,830 ------------- Finland--6.4% Ahlstrom Oyj 8,552 251,210 Alma Media Corp. 20,478 301,457 Amer Sports Oyj (a) 31,162 770,592 Aspo Oyj 27,049 248,776 Citycon Oyj 76,299 491,528 Comptel PLC 51,680 143,083 Elcoteq SE 25,065 211,572 Elektrobit Corp. 58,356 148,168 Finnair Oyj 29,352 521,284 HK-Ruokatalo Oyj Class A 10,257 269,571 Huhtamaki Oyj 10,419 174,767 Kemira GrowHow Oyj 42,076 676,795 Lassila & Tikanoja Oyj 11,761 398,684 M-real Oyj Class B 117,319 768,459 Orion Oyj Class B 111,755 2,798,255 PKC Group Oyj 16,239 232,255 Poyry Oyj 26,865 596,848 Raisio PLC Class V 70,837 196,121 Stockmann Oyj Abp Class B 3,338 142,006 Talentum Oyj 70,623 347,183 Technopolis PLC 11,504 108,136 ------------- Total Finland 9,796,750 ------------- France--4.8% April Group 3,828 201,885 Assystem 11,992 234,029 Bacou Dalloz 1,495 227,529 Canal Plus S.A. 62,593 667,826 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Europe SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Carbone Lorraine 4,273 $ 333,096 CFF RECYCLING 4,879 362,084 Groupe Steria SCA 3,131 208,595 Haulotte Group 3,613 150,778 IMS-International Metal Service 10,261 489,187 Kaufman & Broad S.A. 11,666 902,949 Manitou BF S.A. 19,090 1,216,911 NRJ Group 42,810 738,902 Oberthur Card Systems S.A. (a) 46,745 329,546 Sechilienne-Sidec 8,273 536,197 Sequana Capital S.A. 4,380 130,139 Ste Industrielle d'Aviation Latecoere S.A. 7,307 245,922 TRIGANO S.A. 5,974 353,790 ------------- Total France 7,329,365 ------------- Germany--7.5% AWD Holding AG 28,367 1,209,863 Balda AG 13,965 200,109 Beate Uhse AG 40,711 194,637 Bechtle AG 7,579 278,517 Comdirect Bank AG (a) 88,242 1,213,204 DAB Bank AG 25,441 277,624 Demag Cranes AG 1,883 125,756 Deutsche Wohnen AG 21,204 1,098,231 ElringKlinger AG 4,889 446,022 Gerry Weber International AG 7,717 233,457 Grammer AG 6,515 193,134 Grenkeleasing AG 5,078 235,233 HCI Capital AG 25,942 541,656 IDS Scheer AG 7,538 179,787 Indus Holding AG 10,788 442,920 Koenig & Bauer AG 6,234 233,131 Leoni AG 8,658 403,411 MPC Muenchmeyer Petersen Capital AG 12,933 1,324,847 Norddeutsche Affinerie AG 23,916 1,056,848 Sixt AG (a) 3,335 204,395 Takkt AG 12,540 223,385 Techem AG 14,006 977,569 Vivacon AG 6,401 258,136 ------------- Total Germany 11,551,872 ------------- Ireland--1.7% Abbey PLC 16,217 222,878 Fyffes PLC 591,339 702,797 Glanbia PLC 77,764 375,987 Greencore Group PLC 80,234 604,649 McInerney Holdings PLC 44,678 142,527 Paddy Power PLC 10,336 321,762 United Drug PLC 47,321 256,066 ------------- Total Ireland 2,626,666 ------------- Italy--7.4% Actelios SpA 17,697 214,867 Amplifon SpA 43,574 363,098 Anima SGRpA 28,088 126,226 Apulia Prontoprestito SpA 92,929 207,084 Astaldi SpA 18,907 169,168 Banca IFIS SpA 17,071 237,008 Banca Intermobiliare SpA 66,876 671,976 Banca Popolare dell'Etruria e del Lazio 12,081 250,287 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Europe SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Banca Profilo SpA 92,187 $ 287,291 Banco di Desio e della Brianza SpA 18,103 210,261 Brembo SpA 22,453 320,220 Caltagirone SpA 19,661 235,925 COFIDE - Compagnia Finanziaria De Benedetti SpA 107,594 188,904 Credito Artigiano SpA 64,066 348,260 Cremonini SpA 180,589 602,419 ERGO Previdenza SpA 38,871 241,619 Fiera Milano SpA 16,655 179,722 Gewiss SpA 21,016 177,962 GranitiFiandre SpA 21,495 272,592 Gruppo Editoriale L'Espresso SpA (a) 271,933 1,439,656 I.M.A. - Industria Macchine Automatiche SpA 25,986 579,074 Intek SpA 572,872 709,863 MARR SpA 30,040 340,792 Marzotto SpA 33,772 180,619 Navigazione Montanari SpA 39,101 208,723 Panariagroup Industrie Ceramiche SpA 24,543 241,307 Premafin Finanziaria SpA 35,104 117,339 Premuda SpA 102,048 212,106 Recordati SpA 59,918 500,100 SAES Getters SpA 888 33,376 Societa Iniziative Autostradali e Servizi SpA (a) 54,478 886,582 SOGEFI SpA 43,806 428,334 SOL SpA 17,706 135,586 Vittoria Assicurazioni SpA 6,367 120,299 ------------- Total Italy 11,438,645 ------------- Netherlands--5.0% ARCADIS N.V. 3,318 282,311 Ballast Nedam N.V. 4,814 261,687 Beter Bed Holding N.V. 9,982 337,839 Brunel International 3,391 116,783 Exact Holding N.V. 8,929 298,582 Heijmans N.V. 11,157 659,380 ICT Automatisering N.V. 11,728 221,274 Koninklijke Wessanen N.V. 55,140 916,718 Macintosh Retail Group N.V. 7,463 332,612 OCE N.V. (a) 68,884 1,343,373 OPG Groep N.V. 2,720 99,148 Smit Internationale N.V. 7,528 590,699 Stork N.V. 14,440 936,093 Ten Cate N.V. 7,790 298,685 Univar N.V. 14,641 775,117 Wegener N.V. 8,991 236,785 ------------- Total Netherlands 7,707,086 ------------- Norway--6.3% ABG Sundal Collier ASA 477,020 1,243,764 Acta Holding ASA 318,128 1,669,723 Aker Yards ASA 73,405 1,280,099 BW Gas ASA 104,600 1,368,079 Camillo Eitzen & Co. ASA 37,644 388,782 Ekornes ASA 3,500 79,702 Expert ASA 12,817 345,036 Hafslund ASA Class B 14,122 369,407 Leroy Seafood Group ASA 5,905 123,472 NorGani Hotels ASA 20,262 241,853 Solstad Offshore ASA 5 135 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree Europe SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Sparebanken 1 SR Bank 21,600 $ 601,590 Sparebanken Midt-Norge 52,588 623,255 Sparebanken Nord-Norge 9,550 227,175 Tomra Systems ASA (a) 33,228 290,854 Veidekke ASA 87,390 924,746 ------------- Total Norway 9,777,672 ------------- Portugal--1.7% Banif SGPS, S.A. 18,608 152,797 Corticeira Amorim-Industria S.A. 65,470 177,725 Finibanco Holding SGPS S.A. 31,508 208,510 Mota-Engil, SGPS, S.A. 56,670 543,403 SAG Gest-Solucoes Automovel Globais, SGPS, S.A. 176,357 443,013 Semapa-Sociedade de Investimento e Gestao, SGPS, S.A. 60,265 1,085,755 ------------- Total Portugal 2,611,203 ------------- Singapore--0.1% XP Power Ltd. 12,030 115,855 ------------- Spain--1.5% Adolfo Dominguez 938 49,811 Campofrio Alimentacion S.A. 27,755 551,022 Europistas, Concesionaria Espanola S.A. 31,774 332,142 Grupo Duro Felguera S.A. 54,479 577,576 Tavex Algodonera S.A. 52,714 227,105 Tubacex S.A. (a) 17,225 145,395 Tubos Reunidos, S.A. 7,397 187,912 Uralita S.A. 30,092 281,640 ------------- Total Spain 2,352,603 ------------- Sweden--9.9% AarhusKarlshamn AB 11,400 282,623 AddTech AB Class B 17 419 Axfood AB 39,805 1,410,577 Bergman & Beving AB Class B 11 391 Bilia AB Class A 30,438 559,294 Billerud AB (a) 35,838 543,538 Brostrom AB Class B 57,400 608,973 Cardo AB 15,722 686,685 Clas Ohlson AB Class B (a) 24,522 545,355 D. Carnegie & Co. AB (a) 90,505 1,587,124 Elekta AB Class B 13,400 232,544 Fabege AB 62 683 Hakon Invest AB 41,600 765,910 Haldex AB 10,400 237,356 HIQ International AB 44,400 264,825 Hoganas AB Class B 9,200 273,027 Intrum Justitia AB 38,855 518,467 Invik & Co. AB 7,411 250,737 JM AB 43 1,311 Kungsleden Fastighets AB 207,340 2,592,807 NCC AB Class B 43,344 1,172,536 New Wave Group AB Class B 17,800 210,910 Nibe Industrier AB Class B (a) 11,522 231,038 Nobia AB 19,000 236,904 Nolato AB Class B 10,600 94,295 Nordnet AB Class B 72,000 235,198 ORC Software AB 17 457 Peab AB 49 1,529 Q-Med AB 8,700 124,336 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree Europe SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Seco Tools Class B 46,000 $ 885,493 SkiStar AB 17,200 293,473 SSAB Svenskt Stal AB Series B 149 5,693 Svenska Handelsbanken Class B 16 442 Wihlborgs Fastigheter AB 18,528 327,615 ------------- Total Sweden 15,182,565 ------------- Switzerland--0.7% Bellevue Group AG 11,091 868,747 Kudelski S.A. 6,496 227,911 ------------- Total Switzerland 1,096,658 ------------- United Kingdom--40.2% Abacus Group PLC 67,273 133,286 Abbot Group PLC 73,373 394,896 Aero Inventory PLC 35,803 341,747 Aga Foodservice Group PLC 49,912 376,279 Alexon Group PLC 56,030 286,660 Alpha Airports Group PLC 40,385 88,116 Amstrad PLC 69,683 174,061 Beazley Group PLC 187,291 552,383 Bespak PLC 11,926 159,000 Big Yellow Group PLC 12,102 127,717 Blacks Leisure Group PLC 33,639 210,574 Bloomsbury Publishing PLC 57,579 228,737 Bodycote International PLC 118,222 648,728 BPP Holdings PLC 22,242 255,256 Brewin Dolphin Holdings PLC 87,728 384,588 Brit Insurance Holdings PLC 281,276 1,942,732 British Polythene Industries 23,577 196,310 Britvic PLC 8,097 62,910 BSS Group PLC 21,310 206,401 Business Post Group PLC 42,477 407,369 Capital & Regional PLC 15,610 364,241 Carpetright PLC 40,220 911,856 Castings PLC 28,326 167,654 Centaur Media PLC 42,872 114,401 Charles Taylor Consulting PLC 19,909 155,583 Chemring Group PLC 4,980 196,435 Chesnara PLC 112,025 385,465 Chloride Group PLC 64,674 218,319 Clarkson PLC 5,072 92,807 Clinton Cards PLC 287,494 367,718 communisis PLC 179,147 238,123 Computacenter PLC 36,465 165,162 Cranswick PLC 14,655 249,632 Croda International PLC 47,371 605,422 Dairy Crest Group PLC 77,266 1,054,928 Dart Group PLC 11,546 24,266 Datamonitor PLC 15,818 202,478 Davenham Group PLC 27,920 187,697 Davis Service Group PLC 103,903 1,297,698 Dawson Holdings PLC 103,630 219,353 Dechra Pharmaceuticals PLC 18,977 132,499 Devro PLC 103,103 231,684 Diploma PLC 12,233 221,629 Domestic & General Group PLC 14,962 408,258 Domino Printing Sciences PLC 36,824 249,166 Domino's Pizza UK & IRL PLC 35,727 198,556 DS Smith PLC 316,783 1,474,540 DTZ Holdings PLC 22,039 229,933 E2V Technologies PLC 21,003 159,392 Elementis PLC 131,050 258,988 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree Europe SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Ennstone PLC 226,464 $ 227,183 Enodis PLC 20,756 82,246 Erinaceous Group PLC 59,629 257,219 Euromoney Institutional Investor PLC 52,969 696,096 Expro International Group PLC 18,025 353,146 F&C Asset Management PLC 459,812 1,699,785 Fenner PLC 75,046 356,847 Findel PLC 35,336 512,226 FKI PLC 360,408 914,726 Forth Ports PLC 16,561 613,041 Future PLC 279,304 246,568 Galliford Try PLC 71,245 226,921 Game Group PLC 136,142 456,840 Games Workshop Group PLC 31,573 185,605 Genus PLC 14,526 204,009 Greggs PLC 4,962 488,019 Halfords Group PLC 138,169 1,076,980 Halma PLC 197,660 954,754 Hardy Underwriting Group PLC 21,604 119,849 Headlam Group PLC 42,139 469,228 Helphire PLC 32,201 247,927 Highway Insurance Holdings PLC 244,955 363,684 Hill & Smith Holdings PLC 22,566 166,160 HMV Group PLC 302,922 724,762 Holidaybreak PLC 28,960 505,213 Hornby PLC 18,235 94,757 Hunting PLC 24,734 363,503 IG Group Holdings PLC 30,045 178,280 Interior Services Group PLC 16,760 110,967 Interserve PLC 57,070 543,886 iomart Group PLC 171,053 228,223 ITE Group PLC 77,683 263,402 J D Wetherspoon PLC 24,555 273,672 James Fisher & Sons PLC 15,561 187,949 Jardine Lloyd Thompson Group PLC 171,448 1,428,395 JJB Sports PLC 173,192 889,558 John Menzies PLC 37,198 410,477 Keller Group PLC 17,788 384,370 Kensington Group PLC 47,715 439,175 Kier Group PLC 7,599 312,853 Liontrust Asset Management PLC 17,094 137,186 London Scottish Bank PLC 98,068 196,759 Lookers PLC 47,420 169,827 Luminar PLC 29,038 407,822 Majestic Wine PLC 18,170 141,811 Marshalls PLC 85,496 595,654 McBride PLC 69,800 307,044 McKay Securities PLC 17,442 140,591 Metalrax Group PLC 157,406 228,963 Mitie Group PLC 91,590 485,130 MJ Gleeson Group PLC 21,575 174,338 Monitise PLC* 149,689 63,820 Morgan Sindall PLC 15,855 479,705 Morse PLC 149,689 285,312 Mothercare PLC 35,673 275,554 MP Evans Group PLC 26,970 202,917 N. Brown Group PLC 99,173 606,875 Northern Foods PLC 341,304 814,882 Northgate PLC 23,652 487,354 Numis Corp PLC 28,015 178,741 Pendragon PLC 458,615 726,912 Photo-Me International PLC 174,969 265,042 Premier Farnell PLC 268,601 1,077,814 Psion PLC 61,557 156,851 PZ Cussons PLC 153,349 501,505 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree Europe SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- RAB Capital PLC 70,205 $ 141,912 Rank Group PLC 237,279 886,670 Redrow PLC 79,937 818,747 Renishaw PLC 33,402 401,761 Restaurant Group PLC 67,060 444,001 Ricardo PLC 27,806 192,889 RM PLC 66,119 275,596 ROK PLC 43,352 200,052 Rotork PLC 30,719 562,709 royalblue group PLC 6,879 126,285 RPC Group PLC 58,344 334,202 RPS Group PLC 29,975 210,792 Savills PLC 76,544 909,158 Senior PLC 167,530 329,401 Severfield-Rowen PLC 6,717 305,246 Shanks Group PLC 112,737 563,212 Smiths News PLC 90,619 243,630 Speedy Hire PLC 9,423 224,979 Spirax-Sarco Engineering PLC 26,890 541,665 SSL International PLC 59,543 521,759 St. Ives Group PLC 158,875 772,193 T. Clarke PLC 42,412 181,249 TDG PLC 68,849 404,736 Ted Baker PLC 15,127 157,517 Thorntons PLC 52,859 185,594 Titan Europe PLC 36,649 163,973 Topps Tiles PLC 109,995 502,618 TT electronics PLC 141,854 523,680 Ultra Electronics Holdings PLC 14,844 322,542 Umbro PLC 81,873 258,719 Umeco PLC 24,982 293,217 Uniq PLC 80,657 370,986 UNITE Group PLC 13,865 111,968 UTV PLC 31,472 252,575 Vitec Group (The) PLC 19,398 235,461 Vp PLC 16,360 126,372 VT Group PLC 57,372 676,836 Wagon PLC 129,154 218,963 White Young Green PLC 10,782 97,670 Wilmington Group PLC 25,425 115,286 Wincanton PLC 64,242 532,968 Woolworths Group PLC 1,191,239 639,336 WSP Group PLC 13,203 198,144 Xansa PLC 239,213 411,552 Yule Catto & Co. PLC 115,081 526,435 ------------- Total United Kingdom 61,843,799 ------------- TOTAL COMMON STOCKS (Cost: $148,501,287) 153,405,025 ============= SHORT-TERM INVESTMENT--0.1% MONEY MARKET FUND--0.1% United States--0.1% Columbia Cash Reserves Fund, 4.96%(b) (Cost: $121,760) 121,760 121,760 ============= See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(concluded) WisdomTree Europe SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--5.5% MONEY MARKET FUNDS(c)--5.5% UBS Enhanced Yield Portfolio, 5.27% 5,670,420 $ 5,670,420 UBS Private Money Market Fund LLC, 5.25% 2,824,820 2,824,820 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $8,495,240)(d) 8,495,240 ============= TOTAL INVESTMENT IN SECURITIES--105.2% (Cost: $157,118,287)(e) 162,022,025 Liabilities in Excess of Foreign Currency and Other Assets--(5.2)% (8,078,469) ------------- NET ASSETS--100.0% $ 153,943,556 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $7,580,919.88 and the total market value of the collateral held by the Fund was $8,495,240. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 8 WisdomTree Europe SmallCap Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Industrial 27.5% Financial 21.3% Consumer Non-Cyclical 18.2% Consumer Cyclical 17.0% Communications 5.4% Basic Materials 4.2% Technology 3.7% Diversified 1.2% Energy 0.8% Utilities 0.3% Other 0.4% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- JAPAN - 99.7% COMMON STOCKS--99.7% Advertising--0.1% Hakuhodo DY Holdings, Inc. 900 $ 59,322 ------------- Agriculture--0.3% Japan Tobacco, Inc. 34 167,391 ------------- Airlines--0.1% All Nippon Airways Co., Ltd. 18,000 68,359 ------------- Apparel--0.2% Onward Kashiyama Co., Ltd. 8,160 103,937 ------------- Auto Manufacturers--13.3% Daihatsu Motor Co., Ltd. 9,000 82,352 Fuji Heavy Industries Ltd. 18,000 85,995 Hino Motors Ltd. 9,000 53,711 Honda Motor Co., Ltd. 32,700 1,191,546 Isuzu Motors Ltd. 27,000 146,046 Mazda Motor Corp. 9,000 51,233 Nissan Motor Co., Ltd. 112,100 1,199,110 Suzuki Motor Corp. 3,600 102,028 Toyota Motor Corp. 59,900 3,783,312 ------------- Total Auto Manufacturers 6,695,333 ------------- Auto Parts & Equipment--2.7% Aisin Seiki Co., Ltd. 2,700 99,040 Bridgestone Corp. 9,900 211,636 DENSO CORP. 10,800 421,524 JTEKT Corp. 3,600 65,007 NGK Spark Plug Co., Ltd. 2,000 34,738 NHK Spring Co., Ltd. 9,000 86,506 NOK Corp. 2,700 56,844 Sumitomo Rubber Industries, Inc. 6,300 75,093 Tokai Rika Co., Ltd. 3,300 90,052 Toyoda Gosei Co., Ltd. 3,600 101,445 Toyota Boshoku Corp. 4,500 113,689 ------------- Total Auto Parts & Equipment 1,355,574 ------------- Banks--6.2% Bank of Kyoto Ltd. (The) 9,000 107,640 Bank of Yokohama Ltd. (The) 18,000 125,932 Chiba Bank Ltd. (The) 9,000 79,728 Chugoku Bank Ltd. (The) 9,000 124,766 Gunma Bank Ltd. (The) 9,000 60,415 Hachijuni Bank Ltd. (The) 9,000 63,185 Hiroshima Bank Ltd. (The) 9,000 49,775 Hokuhoku Financial Group, Inc. 18,000 58,156 Iyo Bank Ltd. (The) 9,000 85,339 Joyo Bank Ltd. (The) 9,000 55,824 Mitsubishi UFJ Financial Group, Inc. 74 814,933 Mitsui Trust Holdings, Inc. 9,000 78,270 Mizuho Financial Group, Inc. 63 435,152 Mizuho Trust & Banking Co., Ltd. (a) 27,000 54,658 Nishi-Nippon City Bank Ltd. (The) 18,000 65,735 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Shinsei Bank Ltd. 9,000 $ 36,293 Shizuoka Bank Ltd. (The) 9,000 91,097 Sumitomo Mitsui Financial Group, Inc. 27 251,427 Sumitomo Trust & Banking Co., Ltd. (The) 36,000 342,524 Suruga Bank Ltd. 9,000 113,179 ------------- Total Banks 3,094,028 ------------- Beverages--0.7% Asahi Breweries Ltd. 7,200 111,415 Coca-Cola West Japan Co., Ltd. 2,700 62,638 ITO EN, Ltd. 1,800 59,031 Kirin Brewery Co., Ltd. 9,000 134,313 ------------- Total Beverages 367,397 ------------- Building Materials--1.4% Asahi Glass Co., Ltd. 18,000 242,536 Daikin Industries Ltd. 1,800 65,444 JS Group Corp. 7,200 145,755 Matsushita Electric Works Ltd. 9,000 114,855 Nippon Sheet Glass Co., Ltd. 17,000 77,501 Taiheiyo Cement Corp. 18,000 79,582 ------------- Total Building Materials 725,673 ------------- Chemicals--3.5% Asahi Kasei Corp. 18,000 118,061 Daicel Chemical Industries Ltd. 9,000 58,521 Dainippon Ink & Chemicals, Inc. 18,000 69,379 Gun-Ei Chemical Industry Co., Ltd. 67,000 172,526 Hitachi Chemical Co., Ltd. 2,700 60,998 JSR Corp. 2,700 65,043 Kaneka Corp. 9,000 75,282 Mitsubishi Chemical Holdings Corp. 8,000 73,331 Mitsubishi Gas Chemical Co., Inc. 9,000 82,133 Mitsui Chemicals, Inc. 9,000 68,286 Nitto Denko Corp. 1,800 90,660 Shin-Etsu Chemical Co., Ltd. 2,700 192,616 Showa Denko K.K. 18,000 65,007 Sumitomo Chemical Co., Ltd. 18,000 120,685 Taiyo Nippon Sanso Corp. 9,000 69,452 Tokuyama Corp. 9,000 117,041 Tosoh Corp. 18,000 99,842 Ube Industries Ltd. 27,000 83,080 Zeon Corp. 9,000 95,469 ------------- Total Chemicals 1,777,412 ------------- Commercial Services--1.1% Dai Nippon Printing Co., Ltd. 11,000 163,804 Kamigumi Co., Ltd. 8,000 69,185 Park24 Co., Ltd. 5,300 53,217 Secom Co., Ltd. 2,700 127,025 Sohgo Security Services Co., Ltd. 3,600 62,966 Toppan Printing Co., Ltd. 9,000 96,563 ------------- Total Commercial Services 572,760 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Computers--1.0% CSK Holdings Corp. 1,800 $ 63,258 Fujitsu Ltd. 18,000 132,345 Itochu Techno-Solutions Corp. 1,100 43,111 Otsuka Corp. 900 85,339 TDK Corp. 1,800 173,740 ------------- Total Computers 497,793 ------------- Cosmetics/Personal Care--1.1% Kao Corp. 10,000 258,311 KOSE Corp. 1,800 50,868 Shiseido Co., Ltd. 9,000 191,668 UniCharm Corp. 900 50,941 ------------- Total Cosmetics/Personal Care 551,788 ------------- Distribution/Wholesale--4.3% Canon Marketing Japan, Inc. 3,600 73,460 Hitachi High-Technologies Corp. 2,700 69,962 ITOCHU Corp. 27,000 312,207 Marubeni Corp. 18,000 147,941 Mitsubishi Corp. 22,700 593,717 Mitsui & Co., Ltd. 27,000 536,743 Sumitomo Corp. 18,100 329,770 Toyota Tsusho Corp. 3,600 83,080 ------------- Total Distribution/Wholesale 2,146,880 ------------- Diversified Financial Services--4.5% Daiwa Securities Group, Inc. 28,000 297,696 Kyokuto Securities Co., Ltd. 14,500 171,424 Mitsubishi UFJ Securities Co. 7,000 78,392 Nikko Cordial Corp. 27,000 352,217 Nomura Holdings, Inc. 47,000 913,396 Okasan Holdings, Inc. 2,000 13,264 Shinko Securities Co., Ltd. 18,000 92,992 Takagi Securities Co., Ltd. 43,000 175,141 Toyo Securities Co., Ltd. 41,000 170,315 ------------- Total Diversified Financial Services 2,264,837 ------------- Electric--5.6% Chubu Electric Power Co., Inc. 10,300 272,732 Chugoku Electric Power Co., Inc. (The) 10,800 213,385 Electric Power Development Co. 3,400 134,904 Hokkaido Electric Power Co., Inc. 5,100 110,470 Hokuriku Electric Power Co. 5,200 100,425 Kansai Electric Power Co., Inc. (The) 23,900 564,140 Kyushu Electric Power Co., Inc. 15,300 400,170 Shikoku Electric Power Co., Inc. 6,000 141,139 Tohoku Electric Power Co., Inc. 12,600 282,109 Tokyo Electric Power Co., Inc. (The) 18,500 593,223 ------------- Total Electric 2,812,697 ------------- Electrical Components & Equipment--3.4% Brother Industries Ltd. 7,000 102,652 Casio Computer Co., Ltd. 4,500 70,108 Fujikura Ltd. 9,000 66,829 Hitachi Cable Ltd. 15,000 87,696 Hitachi Ltd. 50,000 354,265 Mitsubishi Electric Corp. 18,000 166,452 Sharp Corp. 18,000 341,066 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Stanley Electric Co., Ltd. 3,600 $ 78,125 Sumitomo Electric Industries Ltd. 6,300 93,662 Toshiba Corp. 33,000 287,259 USHIO INC. 3,600 79,728 ------------- Total Electrical Components & Equipment 1,727,842 ------------- Electronics--3.2% Advantest Corp. 1,800 78,270 Fanuc Ltd. 1,800 185,400 Hirose Electric Co., Ltd. 900 118,207 Hoya Corp. 7,200 238,455 IBIDEN Co., Ltd. 1,800 116,021 Keyence Corp. 200 43,613 Kyocera Corp. 2,700 287,283 Mabuchi Motor Co., Ltd. 1,400 85,591 MINEBEA CO., Ltd. 9,000 50,796 NEC Corp. 27,000 139,487 NGK Insulators Ltd. 4,000 98,142 Nippon Electric Glass Co., Ltd. 5,000 88,060 Yokogawa Electric Corp. 5,400 72,324 ------------- Total Electronics 1,601,649 ------------- Engineering & Construction--0.9% Chiyoda Corp. 2,000 38,058 JGC Corp. 6,000 112,231 Kajima Corp. 18,000 75,210 Obayashi Corp. 9,000 48,974 Shimizu Corp. 16,000 92,635 Taisei Corp. 18,000 60,780 ------------- Total Engineering & Construction 427,888 ------------- Entertainment--0.3% Oriental Land Co., Ltd. 1,600 83,307 Toho Co., Ltd. 4,400 79,453 ------------- Total Entertainment 162,760 ------------- Environmental Control--0.2% Kurita Water Industries Ltd. 3,600 112,814 ------------- Food--2.1% Ajinomoto Co., Inc. 9,000 103,559 Kikkoman Corp. 9,000 133,511 Meiji Dairies Corp. 9,000 57,209 Meiji Seika Kaisha Ltd. 17,000 77,501 Nippon Meat Packers, Inc. 9,000 108,587 Nisshin Seifun Group, Inc. 8,000 78,967 Nissin Food Products Co., Ltd. 1,800 60,197 Starzen Co., Ltd. 54,000 126,807 Toyo Suisan Kaisha Ltd. 9,000 161,787 Yakult Honsha Co., Ltd. 2,900 73,266 Yamazaki Baking Co., Ltd. 8,000 68,149 ------------- Total Food 1,049,540 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Forest Products & Paper--0.6% Chuetsu Pulp & Paper Co., Ltd. 78,000 $ 171,165 OJI Paper Co., Ltd. 27,000 130,961 ------------- Total Forest Products & Paper 302,126 ------------- Gas--1.1% Osaka Gas Co., Ltd. 45,000 166,889 Saibu Gas Co., Ltd. 33,000 72,416 TOHO Gas Co., Ltd. 17,000 84,659 Tokyo Gas Co., Ltd. 45,000 212,803 ------------- Total Gas 536,767 ------------- Hand/Machine Tools--0.8% Fuji Electric Holdings Co., Ltd. 18,000 91,243 Makita Corp. 2,700 119,811 SMC Corp. 800 106,239 THK Co., Ltd. 2,700 67,557 ------------- Total Hand/Machine Tools 384,850 ------------- Healthcare-Products--0.3% Shimadzu Corp. 9,000 94,450 Terumo Corp. 1,800 69,379 ------------- Total Healthcare-Products 163,829 ------------- Home Builders--0.7% Daiwa House Industry Co., Ltd. 9,000 128,410 Sekisui Chemical Co., Ltd. 9,000 69,452 Sekisui House, Ltd. 11,000 146,524 ------------- Total Home Builders 344,386 ------------- Home Furnishings--1.9% Matsushita Electric Industrial Co., Ltd. 25,000 494,959 Pioneer Corp. 4,500 61,108 Sony Corp. 6,300 322,920 Yamaha Corp. 3,600 74,627 ------------- Total Home Furnishings 953,614 ------------- Housewares--0.2% TOTO Ltd. 9,000 77,760 ------------- Insurance--1.8% Aioi Insurance Co., Ltd. 9,000 58,375 Fuji Fire & Marine Insurance Co., Ltd. (The) 33,000 131,738 Millea Holdings, Inc. 3,700 151,601 Mitsui Sumitomo Insurance Co., Ltd. 18,000 230,584 Nipponkoa Insurance Co., Ltd. 9,000 80,894 Sompo Japan Insurance, Inc. 9,000 109,972 T&D Holdings, Inc. 1,800 121,414 ------------- Total Insurance 884,578 ------------- Internet--0.5% SBI Holdings, Inc. 181 57,380 Trend Micro, Inc. 4,500 145,026 Yahoo Japan Corp. 175 59,304 ------------- Total Internet 261,710 ------------- See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Iron/Steel--5.0% Daido Steel Co., Ltd. 9,000 $ 61,290 Hitachi Metals Ltd. 9,000 98,457 JFE Holdings, Inc. 11,200 695,607 Kobe Steel Ltd. 36,000 136,427 Nippon Steel Corp. 110,000 773,149 Nisshin Steel Co., Ltd. 27,000 123,090 Sumitomo Metal Industries Ltd. 95,000 558,484 Tokyo Steel Manufacturing Co., Ltd. 3,600 56,378 ------------- Total Iron/Steel 2,502,882 ------------- Leisure Time--0.6% Daikoku Denki Co., Ltd. 4,600 74,869 Sankyo Co., Ltd. 1,600 67,242 Sega Sammy Holdings, Inc. 4,500 72,695 Yamaha Motor Co., Ltd. 2,700 78,271 ------------- Total Leisure Time 293,077 ------------- Machinery-Construction & Mining--0.8% Hitachi Construction Machinery Co., Ltd. 3,600 125,058 Komatsu Ltd. 9,000 260,901 ------------- Total Machinery-Construction & Mining 385,959 ------------- Machinery-Diversified--1.0% Amada Co., Ltd. 9,000 112,304 Japan Steel Works Ltd. (The) 9,000 137,010 Kubota Corp. 18,000 145,754 Sumitomo Heavy Industries Ltd. 9,000 101,810 ------------- Total Machinery-Diversified 496,878 ------------- Media--0.3% Nippon Television Network Corp. 540 73,548 Tokyo Broadcasting System, Inc. 2,100 64,108 ------------- Total Media 137,656 ------------- Metal Fabricate/Hardware--0.3% NSK Ltd. 9,000 92,991 NTN Corp. 9,000 77,469 ------------- Total Metal Fabricate/Hardware 170,460 ------------- Mining--0.9% Dowa Mining Co., Ltd. 9,000 95,834 Mitsubishi Materials Corp. 18,000 98,093 Mitsui Mining & Smelting Co., Ltd. 16,000 74,627 Sumitomo Metal Mining Co., Ltd. 9,000 194,947 ------------- Total Mining 463,501 ------------- Miscellaneous Manufacturing--1.3% Fuji Photo Film Co., Ltd. 4,500 200,777 Kawasaki Heavy Industries Ltd. 27,000 110,191 Mitsubishi Heavy Industries Ltd. 36,000 230,584 Nikon Corp. 2,000 55,711 Olympus Corp. 2,000 77,898 ------------- Total Miscellaneous Manufacturing 675,161 ------------- See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Office Furnishings--0.1% Kokuyo Co., Ltd. 4,500 $ 52,690 ------------- Office/Business Equipment--2.3% Canon Inc. 14,900 872,318 Ricoh Co., Ltd. 9,000 207,701 Seiko Epson Corp. 2,700 78,052 ------------- Total Office/Business Equipment 1,158,071 ------------- Oil & Gas--1.7% Cosmo Oil Co., Ltd. 18,000 99,113 Nippon Mining Holdings, Inc. 9,000 86,141 Nippon Oil Corp. 27,000 250,553 Showa Shell Sekiyu K.K. 10,800 133,716 TonenGeneral Sekiyu K.K. 27,000 263,014 ------------- Total Oil & Gas 832,537 ------------- Packaging & Containers--0.2% Nihon Yamamura Glass Co., Ltd. 17,000 43,775 Toyo Seikan Kaisha Ltd. 3,600 69,379 ------------- Total Packaging & Containers 113,154 ------------- Pharmaceuticals--5.2% Astellas Pharma, Inc. 8,100 351,561 Chugai Pharmaceutical Co., Ltd. 7,200 129,139 Daiichi Sankyo Co., Ltd. 7,300 193,295 Dainippon Sumitomo Pharma Co., Ltd. 9,000 89,931 Eisai Co., Ltd. 5,400 235,248 Hisamitsu Pharmaceutical Co., Inc. 2,500 68,829 Kyowa Hakko Kogyo Co., Ltd. 16,000 150,678 Mediceo Paltac Holdings Co., Ltd. 3,600 55,037 Shionogi & Co., Ltd. 2,000 32,552 Suzuken Co., Ltd. 1,900 59,233 Taisho Pharmaceutical Co., Ltd. 7,000 138,589 Takeda Pharmaceutical Co., Ltd. 15,800 1,018,405 Tanabe Seiyaku Co., Ltd. 7,000 83,210 ------------- Total Pharmaceuticals 2,605,707 ------------- Real Estate--1.4% Daito Trust Construction Co., Ltd. 1,800 85,558 Leopalace21 Corp. 1,800 61,363 Mitsubishi Estate Co., Ltd. 5,000 135,632 Mitsui Fudosan Co., Ltd. 2,000 56,035 Sumitomo Realty & Development Co., Ltd. 2,000 65,104 Tokyo Tatemono Co., Ltd. 9,000 112,013 Tokyu Land Corp. 9,000 95,688 Urban Corp. 4,600 83,623 ------------- Total Real Estate 695,016 ------------- Retail--3.2% AEON Co., Ltd. 5,400 100,134 Citizen Watch Co., Ltd. 7,200 64,773 Daimaru, Inc. (The) 9,000 107,348 FamilyMart Co., Ltd. 2,700 71,056 Fast Retailing Co., Ltd. 1,800 127,827 Isetan Co., Ltd. 3,600 59,031 Izumi Co., Ltd. 3,800 62,003 Konaka Co., Ltd. 1,000 9,490 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Lawson, Inc. 2,700 $ 93,137 Marui Co., Ltd. 5,400 67,995 Mitsukoshi Ltd. (a) 16,000 79,938 Nitori Co., Ltd. 1,350 67,229 Seven & I Holdings Co., Ltd. 10,500 299,284 Shimamura Co., Ltd. 900 95,907 Takashimaya Co., Ltd. 9,000 113,397 UNY Co., Ltd. 9,000 106,693 Yamada Denki Co., Ltd. 900 93,866 ------------- Total Retail 1,619,108 ------------- Semiconductors--0.6% Shinko Electric Industries Co., Ltd. 2,800 60,310 SUMCO Corp. 1,800 90,222 Tokyo Electron Ltd. 1,800 132,346 ------------- Total Semiconductors 282,878 ------------- Shipbuilding--0.3% Mitsui Engineering & Shipbuilding Co., Ltd. 27,000 144,079 ------------- Software--1.2% Konami Corp. 3,600 82,352 Nomura Research Institute Ltd. 8,500 249,847 Oracle Corp. Japan (a) 4,500 198,227 Square Enix Co., Ltd. 2,700 67,995 ------------- Total Software 598,421 ------------- Storage/Warehousing--0.3% Mitsubishi Logistics Corp. 9,000 147,941 ------------- Telecommunications--6.0% Hikari Tsushin, Inc. 1,700 71,307 KDDI Corp. 25 184,825 Nippon Telegraph & Telephone Corp. 237 1,049,751 NTT DoCoMo, Inc. 1,054 1,664,277 SOFTBANK CORP. 2,636 56,778 ------------- Total Telecommunications 3,026,938 ------------- Textiles--0.6% Kuraray Co., Ltd. 4,500 52,654 Mitsubishi Rayon Co., Ltd. 9,000 64,059 Teijin Ltd. 9,000 49,119 Toray Industries, Inc. 18,000 132,783 ------------- Total Textiles 298,615 ------------- Transportation--2.3% Hankyu Holdings, Inc. 18,000 94,886 Kawasaki Kisen Kaisha Ltd. 1,000 12,203 Keihin Electric Express Railway Co., Ltd. 8,000 52,731 Keio Corp. 8,000 53,120 Keisei Electric Railway Co., Ltd. 10,000 58,464 Kintetsu Corp. (a) 18,000 54,075 Mitsui O.S.K. Lines Ltd. 3,000 40,666 Nagoya Railroad Co., Ltd. 17,000 49,557 Nippon Express Co., Ltd. 18,000 102,174 See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(concluded) WisdomTree Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Nippon Yusen K.K. 29,000 $ 265,590 Odakyu Electric Railway Co., Ltd. 8,000 49,233 Seino Holdings Corp. 8,000 75,598 Tobu Railway Co., Ltd. (a) 18,000 81,185 Tokyu Corp. 9,000 60,051 Yamato Holdings Co., Ltd. 9,000 127,025 ------------- Total Transportation 1,176,558 ------------- TOTAL COMMON STOCKS (Cost: $48,299,793) 50,130,581 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--0.9% MONEY MARKET FUNDS(b) --0.9% UBS Enhanced Yield Portfolio, 5.27% 121,054 121,054 UBS Private Money Market Fund LLC, 5.25% 324,151 324,151 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $445,205)(c) 445,205 ============= TOTAL INVESTMENTS IN SECURITIES--100.6% (Cost: $48,744,998)(d) 50,575,786 Liabilities is Excess of Cash, Foreign Currency and Other Assets - (0.6)% (279,889) ------------- NET ASSETS--100.0% $ 50,295,897 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $421,925 and the total market value of the collateral held by the Fund was $445,205. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 9 WisdomTree Japan Total Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Consumer Cyclical 28.5% Industrial 16.2% Financial 13.8% Consumer Non-Cyclical 10.9% Basic Materials 10.0% Communications 6.9% Utilities 6.7% Technology 5.0% Energy 1.7% Other 0.3% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Japan High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Japan 99.3% COMMON STOCKS--99.3% Agriculture--0.1% Hokuto Corp. 2,000 $ 36,277 Nosan Corp. 9,000 25,944 ------------- Total Agriculture 62,221 ------------- Apparel--0.1% Daidoh Ltd. 2,000 24,373 Japan Vilene Co., Ltd. 10,000 56,440 ------------- Total Apparel 80,813 ------------- Auto Manufacturers--15.9% Fuji Heavy Industries Ltd. 20,000 95,550 Honda Motor Co., Ltd. 122,900 4,478,319 Kanto Auto Works Ltd. 3,000 44,309 Nippon Sharyo Ltd. 24,000 51,694 Nissan Motor Co., Ltd. 402,800 4,308,667 Shinmaywa Industries Ltd. 8,000 39,840 Toyota Auto Body Co., Ltd. 5,000 82,797 ------------- Total Auto Manufacturers 9,101,176 ------------- Auto Parts & Equipment--1.2% Bosch Corp. 22,000 108,847 Koito Manufacturing Co., Ltd. 6,000 72,537 Nifco, Inc. 3,200 69,833 Riken Corp. 14,000 74,367 Sanden Corp. 22,000 96,020 Sumitomo Rubber Industries, Inc. 20,100 239,582 Toyo Tire & Rubber Co., Ltd. 10,000 51,905 ------------- Total Auto Parts & Equipment 713,091 ------------- Banks--0.6% Ehime Bank Ltd. (The) 17,000 55,614 Eighteenth Bank Ltd. (The) 13,000 54,213 Hokuetsu Bank Ltd. (The) 20,000 52,958 Kiyo Holdings, Inc. 69,000 107,275 Shonai Bank Ltd. (The) 19,000 53,694 ------------- Total Banks 323,754 ------------- Beverages--0.5% Coca-Cola West Japan Co., Ltd. 7,400 171,675 Mercian Corp. 27,000 64,059 Mikuni Coca-Cola Bottling Co., Ltd. 3,000 31,070 ------------- Total Beverages 266,804 ------------- Building Materials--1.5% Asahi Organic Chemicals Industry Co., Ltd. 15,000 57,452 Bunka Shutter Co., Ltd. 2,000 11,417 Central Glass Co., Ltd. 10,000 55,792 Cleanup Corp. 9,500 69,695 JS Group Corp. 23,200 469,655 PanaHome Corp. 10,000 61,460 Sankyo-Tateyama Holdings, Inc. 20,000 36,439 Sanwa Shutter Corp. 20,000 115,632 ------------- Total Building Materials 877,542 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Japan High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Chemicals--1.1% Aica Kogyo Co., Ltd. 3,000 $ 34,301 Arisawa Manufacturing Co., Ltd. 6,800 58,862 Earth Chemical Co., Ltd. 1,000 23,726 Gun-Ei Chemical Industry Co., Ltd. (a) 26,000 66,950 Kaneka Corp. 4,000 33,459 Koatsu Gas Kogyo Co., Ltd. 2,000 12,081 Nippon Chemical Industrial Co., Ltd. 20,000 54,901 Nippon Kayaku Co., Ltd. 8,000 63,225 NOF Corp. 10,000 46,075 Sakata INX Corp. 10,000 55,468 Sanyo Chemical Industries Ltd. 8,000 53,120 Toagosei Co., Ltd. 12,000 47,127 Toyo Ink Manufacturing Co., Ltd. 12,000 45,670 Yushiro Chemical Industry Co., Ltd. 1,000 18,746 ------------- Total Chemicals 613,711 ------------- Commercial Services--2.7% Dai Nippon Printing Co., Ltd. 46,000 685,000 Kyodo Printing Co., Ltd. 22,000 78,206 Meitec Corp. 2,200 62,885 Nippon Parking Development Co., Ltd. 958 68,963 Nomura Co., Ltd. 11,000 59,500 Toppan Forms Co., Ltd. 5,000 60,205 Toppan Printing Co., Ltd. 47,000 504,271 ------------- Total Commercial Services 1,519,030 ------------- Computers--0.2% DTS Corp. 1,900 59,233 Hitachi Systems & Services Ltd. 1,000 21,458 Information Services International-Dentsu Ltd. 900 9,285 NEC Fielding Ltd. 3,000 37,921 ------------- Total Computers 127,897 ------------- Cosmetics/Personal Care--1.8% Aderans Co., Ltd. 3,700 77,748 Kao Corp. 36,000 929,916 Mandom Corp. 2,000 45,751 ------------- Total Cosmetics/Personal Care 1,053,415 ------------- Distribution/Wholesale--1.1% Advan Co., Ltd. 1,000 10,575 Doshisha Co., Ltd. 1,000 15,790 Hakuto Co., Ltd. 2,000 31,402 Hanwa Co., Ltd. 20,000 98,466 Impact 21 Co., Ltd. 1,000 20,851 Inaba Denki Sangyo Co., Ltd. 1,100 38,034 Itochu Enex Co., Ltd. 5,000 41,297 Japan Pulp & Paper Co., Ltd. 10,000 37,815 Mitsuuroko Co., Ltd. 3,300 22,259 Ryoden Trading Co., Ltd. 7,000 55,492 Ryoyo Electro Corp. 6,300 91,979 San-Ai Oil Co., Ltd. 2,000 11,628 Sankyo Seiko Co., Ltd. 14,800 66,513 Sinanen Co., Ltd. 13,000 64,424 ------------- Total Distribution/Wholesale 606,525 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Japan High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Diversified Financial Services--10.4% Daiwa Securities Group, Inc. 135,000 $ 1,435,321 Ichiyoshi Securities Co., Ltd. 3,000 43,338 Iwai Securities Co., Ltd. 3,600 59,176 Kyokuto Securities Co., Ltd. 4,900 57,929 Mito Securities Co., Ltd. 4,000 17,199 Nomura Holdings, Inc. 180,800 3,513,665 Okasan Holdings, Inc. 22,000 145,901 OMC Card, Inc. 16,800 122,162 SFCG Co., Ltd. 160 26,728 Shinko Securities Co., Ltd. 69,000 356,468 Takagi Securities Co., Ltd. 16,000 65,169 Tokai Tokyo Securities Co., Ltd. 11,000 62,796 Toyo Securities Co., Ltd. 13,000 54,002 ------------- Total Diversified Financial Services 5,959,854 ------------- Electric--11.5% Chubu Electric Power Co., Inc. 56,000 1,482,813 Chugoku Electric Power Co., Inc. (The) 25,900 511,729 Hokkaido Electric Power Co., Inc. 13,900 301,085 Hokuriku Electric Power Co. 14,300 276,169 Kansai Electric Power Co., Inc. (The) 81,600 1,926,102 Kyushu Electric Power Co., Inc. 37,900 991,271 Shikoku Electric Power Co., Inc. 16,200 381,076 Tohoku Electric Power Co., Inc. (The) 33,700 754,529 ------------- Total Electric 6,624,774 ------------- Electrical Components & Equipment--0.1% Sumida Corp. 2,200 32,084 ------------- Electronics--1.9% Eizo Nanao Corp. 1,000 32,552 Hoya Corp. 24,800 821,345 Idec Corp. 2,000 29,556 Kaga Electronics Co., Ltd. 1,000 17,774 Nidec Copal Electronics Corp. 3,000 17,661 Nitto Kogyo Corp. 2,000 29,086 Ryosan Co., Ltd. 3,000 73,849 Sanshin Electronics Co., Ltd. 2,000 28,260 Teikoku Tsushin Kogyo Co., Ltd. 13,000 58,739 ------------- Total Electronics 1,108,822 ------------- Engineering & Construction--1.7% Airport Facilities Co., Ltd. 3,000 22,689 Asunaro Aoki Construction Co., Ltd. 8,000 49,621 Hitachi Plant Technologies Ltd. 10,000 56,521 Kyudenko Corp. 11,000 59,589 Maeda Corp. 15,000 66,440 Nippon Koei Co., Ltd. 22,000 65,735 Nishimatsu Construction Co., Ltd. 20,000 70,448 Okumura Corp. 10,000 51,095 Taihei Dengyo Kaisha Ltd. 10,000 75,712 Taikisha Ltd. 3,000 42,002 Taisei Corp. 71,000 239,743 Takasago Thermal Engineering Co., Ltd. 3,000 28,301 TOA Corp.* 13,000 20,527 Toenec Corp. 7,000 30,552 Tsukishima Kikai Co., Ltd. 5,000 47,937 Yurtec Corp. 12,000 66,464 ------------- Total Engineering & Construction 993,376 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree Japan High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Entertainment--0.1% Avex Group Holdings, Inc. 5,800 $ 78,479 ------------- Food--0.6% Morinaga & Co., Ltd. (a) 19,000 43,386 Nippon Beet Sugar Manufacturing Co., Ltd. 27,000 71,057 Nisshin Seifun Group, Inc. 1,500 14,806 Nissin Food Products Co., Ltd. 195 6,521 Showa Sangyo Co., Ltd. 25,000 57,290 Starzen Co., Ltd. 23,000 54,010 Tokyu Store Chain Co., Ltd. 13,000 67,792 Yokohama Reito Co., Ltd. 5,000 36,398 ------------- Total Food 351,260 ------------- Forest Products & Paper--1.1% Chuetsu Pulp & Paper Co., Ltd. 32,000 70,221 Daiken Corp. 24,000 73,849 Hokuetsu Paper Mills Ltd. 10,000 54,577 OJI Paper Co., Ltd. 91,000 441,387 ------------- Total Forest Products & Paper 640,034 ------------- Gas--0.2% Saibu Gas Co., Ltd. 45,000 98,749 ------------- Hand/Machine Tools--0.3% Hitachi Koki Co., Ltd. 9,400 160,606 ------------- Healthcare-Products--0.4% Nipro Corp. 4,000 82,109 Paramount Bed Co., Ltd. (a) 5,400 82,818 Paris Miki, Inc. 5,600 75,682 ------------- Total Healthcare-Products 240,609 ------------- Home Builders--0.0% Mitsui Home Co., Ltd. 4,000 24,390 ------------- Home Furnishings--0.2% France Bed Holdings Co., Ltd. 41,000 70,052 TOA Corp. 7,000 54,188 ------------- Total Home Furnishings 124,240 ------------- Housewares--0.1% Sangetsu Co., Ltd. 3,200 68,926 ------------- Insurance--0.1% Fuji Fire & Marine Insurance Co., Ltd. (The) 21,000 83,833 ------------- Internet--2.0% Matsui Securities Co., Ltd. 29,600 264,373 SBI Holdings, Inc. 1,440 456,505 Trend Micro, Inc. 12,500 402,850 ------------- Total Internet 1,123,728 ------------- Iron/Steel--11.9% JFE Holdings, Inc. 46,100 2,863,168 Kobe Steel Ltd. 248,000 939,828 Nakayama Steel Works Ltd. 16,000 56,359 Nippon Steel Corp. 388,000 2,727,106 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree Japan High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Sanyo Special Steel Co., Ltd. 18,000 $ 131,617 Topy Industries Ltd. 10,000 37,896 Yodogawa Steel Works Ltd. 12,000 66,464 ------------- Total Iron/Steel 6,822,438 ------------- Leisure Time--1.7% Daikoku Denki Co., Ltd. 4,000 65,104 Heiwa Corp. 4,000 49,038 Sankyo Co., Ltd. 8,500 357,221 Sega Sammy Holdings, Inc. 30,300 489,482 ------------- Total Leisure Time 960,845 ------------- Machinery-Diversified--1.1% Amada Co., Ltd. 29,000 361,869 Daifuku Co., Ltd. 12,500 172,173 Max Co., Ltd. 1,000 15,499 Nitto Kohki Co., Ltd. 1,000 21,377 Tokyo Kikai Seisakusho Ltd. 8,000 24,616 Tori Holdings Co., Ltd. 238,000 53,962 ------------- Total Machinery-Diversified 649,496 ------------- Metal Fabricate/Hardware--0.1% Kitz Corp. 4,000 34,787 Oiles Corp. 60 1,336 Onoken Co., Ltd. 400 5,918 ------------- Total Metal Fabricate/Hardware 42,041 ------------- Mining--0.5% Chugai Mining Co., Ltd. 71,200 53,042 Mitsui Mining & Smelting Co., Ltd. 46,000 214,551 ------------- Total Mining 267,593 ------------- Miscellaneous Manufacturing--0.4% Amano Corp. 4,000 56,293 Kureha Corp. 10,000 49,476 Mitsuboshi Belting Co., Ltd. 1,739 10,280 Nippon Valqua Industries Ltd. 8,000 29,021 Okamoto Industries, Inc. 10,000 35,224 Sekisui Plastics Co., Ltd. 15,000 51,379 ------------- Total Miscellaneous Manufacturing 231,673 ------------- Office/Business Equipment--0.0% Canon Inc. 50 2,927 ------------- Oil & Gas--2.9% Nippon Mining Holdings, Inc. 66,500 636,487 Showa Shell Sekiyu K.K. 26,900 333,051 TonenGeneral Sekiyu K.K. 69,000 672,149 ------------- Total Oil & Gas 1,641,687 ------------- Packaging & Containers--0.1% Nihon Yamamura Glass Co., Ltd. 26,000 66,950 ------------- Pharmaceuticals--6.8% Astellas Pharma, Inc. 31,800 1,380,201 Daiichi Sankyo Co., Ltd. 46,800 1,239,207 Eisai Co., Ltd. 22,600 984,558 Kaken Pharmaceutical Co., Ltd. 8,000 58,108 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree Japan High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Kyorin Co., Ltd. 3,000 $ 42,318 Seikagaku Corp. 6,400 74,316 SSP Co., Ltd. 20,000 97,008 ------------- Total Pharmaceuticals 3,875,716 ------------- Real Estate--0.2% Arnest One Corp. 2,000 17,329 Iida Home Max 2,000 32,633 Touei Housing Corp. 5,900 81,409 Urban Corp. 73 1,327 ------------- Total Real Estate 132,698 ------------- Retail--2.2% Arcs Co., Ltd. 3,075 48,555 Best Denki Co., Ltd. 10,000 60,569 Circle K Sunkus Co. Ltd. 3,910 68,072 Kojima Co., Ltd. 7,600 75,388 Konaka Co., Ltd. 6,100 57,891 Lawson, Inc. 8,900 307,008 Marui Co., Ltd. 41,900 527,587 Ministop Co., Ltd. 2,000 38,382 MOS Food Services, Inc. 4,800 62,500 Plenus Co., Ltd. 2,000 36,358 ------------- Total Retail 1,282,310 ------------- Software--1.8% Koei Co., Ltd. 4,000 65,104 Konami Corp. 9,700 221,892 NEC Mobiling Ltd. 1,100 19,462 Oracle Corp. Japan 15,000 660,755 Trans Cosmos, Inc. 2,800 53,622 ------------- Total Software 1,020,835 ------------- Telecommunications--9.8% Denki Kogyo Co., Ltd. 2,000 15,984 NTT DoCoMo, Inc. 3,487 5,506,013 Uniden Corp. 15,000 109,559 ------------- Total Telecommunications 5,631,556 ------------- Textiles--0.8% Teijin Ltd. 62,000 338,378 Toyobo Co., Ltd. 32,000 91,469 ------------- Total Textiles 429,847 ------------- Transportation--1.5% Maruzen Showa Unyu Co., Ltd. 4,000 13,280 Nippon Yusen K.K. (a) 87,000 796,769 Senko Co., Ltd. 10,000 32,471 ------------- Total Transportation 842,520 ------------- TOTAL COMMON STOCKS (Cost: $60,607,861) 56,960,875 ============= See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(concluded) WisdomTree Japan High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--0.8% MONEY MARKET FUNDS(b) --0.8% AIM Liquid Assets Portfolio, 5.18% 11,225 $ 11,225 AIM Prime Portfolio, 5.22% 42,074 42,074 UBS Enhanced Yield Portfolio, 5.27% 302,848 302,848 UBS Private Money Market Fund LLC, 5.25% 132,083 132,083 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $488,230)(c) 488,230 ============= TOTAL INVESTMENTS IN SECURITIES--100.1% (Cost: $61,096,091)(d) 57,449,105 Liabilities in Excess of Cash, Foreign Currency and Other Assets--(0.1)% (68,390) ------------- NET ASSETS--100.0% $ 57,380,715 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $462,429 and the total market value of the collateral held by the Fund was $488,230. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 7 WisdomTree Japan High-Yielding Equity Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Consumer Cyclical 23.5% Basic Materials 14.4% Consumer Non-Cyclical 12.9% Communications 11.8% Utilities 11.7% Financial 11.3% Industrial 8.8% Energy 2.9% Technology 2.0% Other 0.7% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Japan--99.0% COMMON STOCKS--99.0% Advertising--0.4% Asatsu-DK, Inc. 6,800 $ 229,612 Moshi Moshi Hotline, Inc. 1,900 84,619 ------------- Total Advertising 314,231 ------------- Aerospace/Defense--0.2% Japan Aviation Electronics Industry Ltd. 12,000 161,108 ------------- Agriculture--0.4% Hokuto Corp. 10,700 194,081 Nosan Corp. (a) 30,000 86,481 Sakata Seed Corp. 3,500 43,504 ------------- Total Agriculture 324,066 ------------- Apparel--2.5% Daidoh Ltd. 9,800 119,430 Gunze Ltd. 37,000 215,717 Japan Vilene Co., Ltd. 23,000 129,811 Japan Wool Textile Co., Ltd. (The) 17,000 136,281 Onward Kashiyama Co., Ltd. 45,000 573,181 Sanyo Shokai Ltd. 55,000 472,529 Tokyo Style Co., Ltd. 19,000 214,470 Wacoal Holdings Corp. 30,000 369,246 ------------- Total Apparel 2,230,665 ------------- Auto Manufacturers--1.2% Kanto Auto Works Ltd. 16,300 240,748 Nippon Sharyo Ltd. 39,000 84,003 Nissan Shatai Co., Ltd. 36,000 211,053 Shinmaywa Industries Ltd. (a) 23,000 114,539 Toyota Auto Body Co., Ltd. 25,500 422,265 ------------- Total Auto Manufacturers 1,072,608 ------------- Auto Parts & Equipment--4.7% Aisan Industry Co., Ltd. 10,200 119,514 Akebono Brake Industry Co., Ltd. (a) 13,000 102,636 Bosch Corp. 146,000 722,345 Calsonic Kansei Corp. 39,000 160,112 Exedy Corp. 5,100 138,759 FCC Co., Ltd. 6,500 133,426 Futaba Industrial Co., Ltd. 9,700 234,066 Kayaba Industry Co., Ltd. 51,000 245,718 Keihin Corp. 8,500 163,468 Koito Manufacturing Co., Ltd. 41,000 495,672 Musashi Seimitsu Industry Co., Ltd. 5,100 131,738 Nifco, Inc. 20,000 436,455 Nissin Kogyo Co., Ltd. 9,900 274,967 Press Kogyo Co., Ltd. 17,000 71,857 Riken Corp. 20,000 106,239 Sanden Corp. 39,000 170,217 Showa Corp. 10,200 135,620 Toyo Tire & Rubber Co., Ltd. (a) 64,000 332,192 ------------- Total Auto Parts & Equipment 4,175,001 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Banks--7.0% Akita Bank Ltd. (The) 28,000 $ 136,038 Aomori Bank Ltd. (The) 34,000 134,078 Awa Bank Ltd. (The) 35,000 176,849 Bank of Ikeda Ltd. (The) 3,600 160,330 Bank of Iwate Ltd. (The) 2,100 121,754 Bank of Nagoya Ltd. (The) 22,000 143,585 Bank of Okinawa Ltd. (The) 3,700 134,224 Bank of Saga Ltd. (The) 34,000 112,328 Chukyo Bank Ltd. (The) 47,000 140,054 Daisan Bank Ltd. (The) 37,000 118,345 Daishi Bank Ltd. (The) 80,000 347,869 Ehime Bank Ltd. (The) 34,000 111,227 Eighteenth Bank Ltd. (The) 21,000 87,574 Fukui Bank Ltd. (The) 47,000 144,241 Higo Bank Ltd. (The) 32,000 219,993 Hokkoku Bank Ltd. (The) 66,000 292,871 Hokuetsu Bank Ltd. (The) 96,000 254,197 Hyakugo Bank Ltd. (The) 36,000 243,702 Hyakujushi Bank Ltd. (The) 45,000 249,970 Kagoshima Bank Ltd. (The) 23,000 173,392 Keiyo Bank Ltd. (The) 44,000 256,172 Kiyo Holdings, Inc. 170,000 264,303 Michinoku Bank Ltd. (The) 23,000 74,869 Mie Bank Ltd. (The) 19,000 95,388 Miyazaki Bank Ltd. (The) 20,000 85,995 Musashino Bank Ltd. (The) 4,700 228,349 Ogaki Kyoritsu Bank Ltd. (The) 45,000 225,556 Oita Bank Ltd. (The) 15,000 98,506 San-In Godo Bank Ltd. (The) 18,000 171,554 Shiga Bank Ltd. (The) 30,000 205,029 Shikoku Bank Ltd. (The) 34,000 142,062 Shonai Bank Ltd. (The) 42,000 118,693 Tochigi Bank Ltd. (The) 14,000 91,372 Toho Bank Ltd. (The) 34,000 146,467 Tokyo Tomin Bank Ltd. (The) 6,800 226,859 Yamagata Bank Ltd. (The) 21,000 105,940 Yamanashi Chuo Bank Ltd. (The) 18,000 115,292 ------------- Total Banks 6,155,027 ------------- Beverages--1.4% Asahi Soft Drinks Co., Ltd. 2,500 36,945 Calpis Co., Ltd. 16,000 172,185 Coca-Cola West Japan Co., Ltd. 19,800 459,347 Kagome Co., Ltd. (a) 9,900 156,001 Mercian Corp. (a) 34,000 80,667 Mikuni Coca-Cola Bottling Co., Ltd. 4,600 47,641 Takara Holdings, Inc. 36,000 239,621 ------------- Total Beverages 1,192,407 ------------- Building Materials--3.3% Asahi Organic Chemicals Industry Co., Ltd. 23,000 88,093 Bunka Shutter Co., Ltd. 19,000 108,466 Central Glass Co., Ltd. 51,000 284,538 Chofu Seisakusho Co., Ltd. 6,400 134,742 Cleanup Corp. (a) 13,600 99,774 Fujitec Co., Ltd. 19,000 127,697 Nice Corp. 19,000 77,234 Nichias Corp. 29,000 307,389 Nichiha Corp. 5,100 63,680 PanaHome Corp. (a) 46,000 282,716 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Rinnai Corp. 6,800 $ 211,992 Sankyo-Tateyama Holdings, Inc. (a) 102,000 185,837 Sanwa Shutter Corp. 97,000 560,817 Sumitomo Osaka Cement Co., Ltd. 74,000 195,943 Takara Standard Co., Ltd. 34,000 189,692 ------------- Total Building Materials 2,918,610 ------------- Chemicals--7.5% ADEKA Corp. 17,000 180,194 Aica Kogyo Co., Ltd. 16,800 192,086 Air Water, Inc. 56,000 586,324 Arisawa Manufacturing Co., Ltd. (a) 12,000 103,875 Dainichiseika Color & Chemicals Manufacturing Co., Ltd. 20,000 103,810 Denki Kagaku Kogyo K.K. 103,000 462,893 Earth Chemical Co., Ltd. 5,100 121,001 Gun-Ei Chemical Industry Co., Ltd. (a) 20,000 51,500 Kansai Paint Co., Ltd. 52,000 454,334 Koatsu Gas Kogyo Co., Ltd. 17,000 102,692 Lintec Corp. 6,800 143,714 Nihon Parkerizing Co., Ltd. 13,000 202,324 Nippon Chemical Industrial Co., Ltd. 48,000 131,762 Nippon Kayaku Co., Ltd. 82,000 648,060 Nippon Paint Co., Ltd. 67,000 340,710 Nippon Shokubai Co., Ltd. 29,000 257,136 Nissan Chemical Industries Ltd. 15,000 175,999 NOF Corp. 45,000 207,336 Sakata INX Corp. 23,000 127,576 Sanyo Chemical Industries Ltd. 31,000 205,838 Sumitomo Bakelite Co., Ltd. 37,000 258,561 Sumitomo Seika Chemicals Co., Ltd. 17,000 88,514 Taiyo Ink Manufacturing Co., Ltd. 5,000 155,472 Takasago International Corp. 23,000 132,791 Toagosei Co., Ltd. (a) 68,000 267,055 Tokai Carbon Co., Ltd. 30,000 280,578 Tokyo Ohka Kogyo Co., Ltd. 6,800 152,249 Toyo Ink Manufacturing Co., Ltd. 80,000 304,466 Yushiro Chemical Industry Co., Ltd. (a) 6,500 121,847 ------------- Total Chemicals 6,560,697 ------------- Commercial Services--2.7% Kamigumi Co., Ltd. 24,000 207,555 Kyodo Printing Co., Ltd. 47,000 167,076 Meitec Corp. (a) 13,100 374,452 Nichii Gakkan Co. (a) 5,100 81,686 Nissha Printing Co., Ltd. 12,100 328,232 Nomura Co., Ltd. 17,000 91,955 Sohgo Security Services Co., Ltd. (a) 22,600 395,287 TIS, Inc. 6,800 155,828 TKC Corp. 4,200 76,181 Toppan Forms Co., Ltd. 27,300 328,719 Zenrin Co., Ltd. (a) 5,300 138,621 ------------- Total Commercial Services 2,345,592 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Computers--1.3% Hitachi Information Systems Ltd. 8,900 $ 198,186 Hitachi Systems & Services Ltd. 4,600 98,708 Information Services International- Dentsu Ltd. 8,500 87,688 NEC Fielding Ltd. 17,600 222,468 NS Solutions Corp. 7,300 211,029 Obic Co., Ltd. 910 179,428 Roland DG Corp. 3,400 145,917 ------------- Total Computers 1,143,424 ------------- Cosmetics/Personal Care--1.5% Aderans Co., Ltd. 15,200 319,398 Fancl Corp. (a) 9,800 143,633 KOSE Corp. 8,000 226,082 Lion Corp. (a) 64,000 346,702 Mandom Corp. 8,500 194,441 T. Hasegawa Co., Ltd. (a) 7,500 124,803 ------------- Total Cosmetics/Personal Care 1,355,059 ------------- Distribution/Wholesale--3.9% ABC-Mart, Inc. 14,400 328,823 Advan Co., Ltd. (a) 5,100 53,934 Doshisha Co., Ltd. (a) 3,400 53,686 Fuji Electronics Co., Ltd. 8,600 124,305 Hakuto Co., Ltd. 14,100 221,385 Hanwa Co., Ltd. 103,000 507,098 Impact 21 Co., Ltd. 6,800 141,787 Inaba Denki Sangyo Co., Ltd. 6,800 235,119 Itochu Enex Co., Ltd. 28,200 232,916 Iwatani International Corp. (a) 39,000 111,162 Japan Pulp & Paper Co., Ltd. 36,000 136,135 Mitsuuroko Co., Ltd. 18,100 122,088 Nagase & Co., Ltd. 15,000 200,049 Ryoden Trading Co., Ltd. 27,000 214,041 Ryoshoku Ltd. (a) 4,800 107,276 Ryoyo Electro Corp. 14,000 204,397 San-Ai Oil Co., Ltd. 20,000 116,280 Sankyo Seiko Co., Ltd. 18,100 81,343 Sinanen Co., Ltd. 23,000 113,980 Trusco Nakayama Corp. (a) 8,500 166,910 ------------- Total Distribution/Wholesale 3,472,714 ------------- Diversified Financial Services--4.2% Century Leasing System, Inc. 15,400 214,985 Cosmo Securities Co., Ltd. (a) 80,000 136,686 Ichiyoshi Securities Co., Ltd. 13,200 190,686 Kyokuto Securities Co., Ltd. 12,300 145,415 Okasan Holdings, Inc. (a) 101,000 669,817 OMC Card, Inc. 73,700 535,913 SFCG Co., Ltd. 3,210 536,235 Takagi Securities Co., Ltd. 36,000 146,629 Tokai Tokyo Securities Co., Ltd. 147,000 839,184 Tokyo Leasing Co., Ltd. 8,500 126,438 Toyo Securities Co., Ltd. 28,000 116,312 ------------- Total Diversified Financial Services 3,658,300 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Electric--0.1% Okinawa Electric Power Co., Inc. (The) 1,100 $ 64,310 ------------- Electrical Components & Equipment--1.2% Hitachi Cable Ltd. 74,000 432,633 Nippon Signal Co., Ltd. (The) 8,400 54,551 SMK Corp. 17,000 113,017 Sumida Corp. 5,100 74,376 Toshiba TEC Corp. 68,000 403,061 ------------- Total Electrical Components & Equipment 1,077,638 ------------- Electronics--4.9% Alps Electric Co., Ltd. 10,800 107,742 Anritsu Corp. (a) 19,000 84,927 CMK Corp. (a) 5,100 53,521 Cosel Co., Ltd. (a) 6,300 91,060 Dainippon Screen Manufacturing Co., Ltd. 53,000 399,555 Eizo Nanao Corp. 5,100 166,015 Horiba Ltd. 3,900 159,480 Idec Corp. (a) 10,200 150,735 Kaga Electronics Co., Ltd. 7,200 127,973 Minebea Co., Ltd. 95,000 536,175 Nichicon Corp. (a) 14,500 206,531 Nidec Copal Corp. (a) 11,900 126,617 Nidec Copal Electronics Corp. (a) 9,900 58,280 Nippon Chemi-Con Corp. 17,000 143,990 Nitto Kogyo Corp. 8,500 123,616 Ryosan Co., Ltd. 17,800 438,172 Sanshin Electronics Co., Ltd. 8,500 120,106 Sanyo Denki Co., Ltd. 14,000 93,980 Star Micronics Co., Ltd. 6,700 178,493 Tokyo Seimitsu Co., Ltd. (a) 3,400 131,325 ULVAC, Inc. (a) 10,800 387,416 Yamatake Corp. 14,400 438,430 ------------- Total Electronics 4,324,139 ------------- Engineering & Construction--4.8% Airport Facilities Co., Ltd. 4,600 34,790 COMSYS Holdings Corp. 22,000 254,213 Hitachi Plant Technologies Ltd. (a) 51,000 288,255 Japan Airport Terminal Co., Ltd. 10,800 169,571 Kandenko Co., Ltd. (a) 38,000 214,163 Kyowa Exeo Corp. 17,000 196,988 Kyudenko Corp. 19,000 102,927 Maeda Corp. (a) 39,000 172,744 Maeda Road Construction Co., Ltd. (a) 22,000 194,712 NEC Networks & System Integration Corp. 6,800 71,251 Nippo Corp. 17,000 141,099 Nippon Densetsu Kogyo Co., Ltd. 17,000 119,624 Nippon Koei Co., Ltd. 20,000 59,760 Nishimatsu Construction Co., Ltd. (a) 90,000 317,017 Okumura Corp. (a) 54,000 275,914 Sanki Engineering Co., Ltd. 17,000 135,730 Taikisha Ltd. (a) 13,500 189,008 Takasago Thermal Engineering Co., Ltd. 21,000 198,105 Takuma Co., Ltd. (a) 17,000 105,170 TOA CORP. 28,000 44,212 Toda Corp. 68,000 361,213 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Toenec Corp. 15,000 $ 65,468 Toshiba Plant Systems & Services Corp. 32,000 264,302 Tsukishima Kikai Co., Ltd. 12,000 115,049 Yurtec Corp. 20,000 110,774 ------------- Total Engineering & Construction 4,202,059 ------------- Entertainment--0.6% Avex Group Holdings, Inc. (a) 9,000 121,778 RESORTTRUST, Inc. 8,360 191,916 Toei Co., Ltd. 17,000 113,980 Tokyotokeiba Co., Ltd. 34,000 89,477 ------------- Total Entertainment 517,151 ------------- Environmental Control--0.2% Asahi Pretec Corp. 5,100 142,062 ------------- Food--5.3% Ariake Japan Co., Ltd. (a) 5,400 101,227 Ezaki Glico Co., Ltd. (a) 16,000 173,869 Fuji Oil Co., Ltd. (a) 18,400 143,332 House Foods Corp. (a) 22,600 346,425 Itoham Foods, Inc. 22,000 97,267 J-Oil Mills, Inc. 22,000 77,315 Kato Sangyo Co., Ltd. 8,500 109,919 Katokichi Co., Ltd. 30,000 178,307 Maruha Group, Inc. 54,000 103,194 Meiji Dairies Corp. 38,000 241,548 Meiji Seika Kaisha Ltd. 79,000 360,152 Mitsui Sugar Co., Ltd. 14,000 45,686 Morinaga & Co., Ltd. (a) 71,000 162,128 Morinaga Milk Industry Co., Ltd. 62,000 249,014 Nichirei Corp. 49,000 251,954 Nippon Beet Sugar Manufacturing Co., Ltd. 12,000 31,580 Nippon Flour Mills Co., Ltd. 11,000 42,398 Nippon Suisan Kaisha Ltd. 52,100 332,863 Nisshin Oillio Group Ltd. (The) 22,000 127,552 Nissin Food Products Co., Ltd. 555 18,561 QP Corp. 30,300 290,499 Showa Sangyo Co., Ltd. (a) 53,000 121,454 Starzen Co., Ltd. 47,000 110,369 Tokyu Store Chain Co., Ltd. 15,000 78,222 Toyo Suisan Kaisha Ltd. 16,000 287,623 Valor Co., Ltd. 3,800 43,233 Yamazaki Baking Co., Ltd. 48,000 408,892 Yokohama Reito Co., Ltd. (The) (a) 14,000 101,915 ------------- Total Food 4,636,498 ------------- Forest Products & Paper--1.0% Chuetsu Pulp & Paper Co., Ltd. 36,000 78,999 Daiken Corp. 36,000 110,774 Daio Paper Corp. (a) 33,000 257,330 Hokuetsu Paper Mills Ltd. 53,000 289,259 Rengo Co., Ltd. 34,000 167,391 ------------- Total Forest Products & Paper 903,753 ------------- Gas--0.3% Saibu Gas Co., Ltd. (a) 118,000 258,942 ------------- See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Hand/Machine Tools--1.6% Asahi Diamond Industrial Co., Ltd. 17,000 $ 126,094 Disco Corp. 2,800 161,885 Hitachi Koki Co., Ltd. 40,600 693,680 Meidensha Corp. (a) 34,000 123,616 OSG Corp. (a) 18,400 252,992 Union Tool Co. 1,900 70,003 ------------- Total Hand/Machine Tools 1,428,270 ------------- Healthcare-Products--1.8% Hogy Medical Co., Ltd. 2,000 89,072 Nihon Kohden Corp. 10,800 199,830 Nipro Corp. (a) 26,024 534,198 Paramount Bed Co., Ltd. (a) 11,600 177,905 Paris Miki, Inc. (a) 25,400 343,274 Sysmex Corp. 3,800 140,006 TOPCON Corp. 4,900 81,538 ------------- Total Healthcare-Products 1,565,823 ------------- Home Builders--0.1% Mitsui Home Co., Ltd. 17,000 103,656 ------------- Home Furnishings--2.0% Alpine Electronics, Inc. 14,400 220,265 Canon Electronics, Inc. 8,400 272,756 France Bed Holdings Co., Ltd. 74,000 126,434 Hitachi Maxell Ltd. 19,700 229,550 Kenwood Corp. 51,000 76,400 Nidec Sankyo Corp. 54,000 385,231 Noritz Corp. (a) 11,500 222,094 Toa Corp. 26,000 201,271 ------------- Total Home Furnishings 1,734,001 ------------- Housewares--0.6% Noritake Co., Ltd. 34,000 157,480 Sangetsu Co., Ltd. (a) 17,900 385,554 ------------- Total Housewares 543,034 ------------- Insurance--0.5% Fuji Fire & Marine Insurance Co., Ltd. (The) 117,000 467,072 ------------- Internet--1.0% Matsui Securities Co., Ltd. 97,900 874,397 ------------- Iron/Steel--2.1% Aichi Steel Corp. (a) 30,000 164,460 Godo Steel Ltd. 32,000 150,808 Mitsubishi Steel Manufacturing Co., Ltd. (a) 16,000 73,979 Nakayama Steel Works Ltd. (a) 39,000 137,374 Nippon Metal Industry Co., Ltd. (a) 72,000 365,553 Sanyo Special Steel Co., Ltd. 57,000 416,786 Topy Industries Ltd. 37,000 140,216 Yodogawa Steel Works Ltd. 68,000 376,631 ------------- Total Iron/Steel 1,825,807 ------------- See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Leisure Time--0.7% Daikoku Denki Co., Ltd. 3,200 $ 52,083 Heiwa Corp. 21,600 264,807 HIS Co., Ltd. 3,400 93,332 Mars Engineering Corp. (a) 4,000 80,651 Mizuno Corp. 29,000 165,788 ------------- Total Leisure Time 656,661 ------------- Machinery-Construction & Mining--0.4% Aichi Corp. 10,200 139,337 Tadano Ltd. 17,000 253,152 ------------- Total Machinery-Construction & Mining 392,489 ------------- Machinery-Diversified--3.5% Aida Engineering Ltd. 17,000 123,892 CKD Corp. 8,500 90,716 Daifuku Co., Ltd. 15,500 213,494 Ebara Corp. (a) 127,000 582,063 Komori Corp. 14,000 327,625 Makino Milling Machine Co., Ltd. 15,000 213,774 Max Co., Ltd. 15,000 232,479 Miura Co., Ltd. 9,000 276,934 Nabtesco Corp. 15,000 218,511 Nippon Thompson Co., Ltd. 13,000 116,215 Nitto Kohki Co., Ltd. 5,100 109,025 Sato Corp. (a) 6,500 121,058 Tokyo Kikai Seisakusho Ltd. (a) 20,000 61,541 Toshiba Machine Co., Ltd. 17,000 157,618 Tsubakimoto Chain Co. 31,000 223,159 ------------- Total Machinery-Diversified 3,068,104 ------------- Metal Fabricate/Hardware--1.3% Kitz Corp. 29,000 252,204 MISUMI Group, Inc. (a) 9,600 162,468 Nachi-Fujikoshi Corp. (a) 39,000 199,903 Oiles Corp. 5,960 132,718 Onoken Co., Ltd. 6,800 100,600 Ryobi Ltd. 29,000 193,498 Toho Zinc Co., Ltd. (a) 14,000 128,329 ------------- Total Metal Fabricate/Hardware 1,169,720 ------------- Mining--0.4% Nippon Light Metal Co., Ltd. 102,000 265,954 Sumitomo Light Metal Industries Ltd. 49,000 115,859 ------------- Total Mining 381,813 ------------- Miscellaneous Manufacturing--1.9% Amano Corp. (a) 19,900 280,063 Bando Chemical Industries Ltd. 22,000 141,981 Kureha Corp. 51,000 252,326 Mitsuboshi Belting Co., Ltd. 17,000 100,490 Nikkiso Co., Ltd. 13,000 114,636 Nippon Valqua Industries Ltd. 22,000 79,809 Okamoto Industries, Inc. 34,000 119,762 See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(continued) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Pentax Corp. 17,000 $ 105,583 Sekisui Plastics Co., Ltd. 39,000 133,584 Shin-Etsu Polymer Co., Ltd. 7,100 96,702 Tokai Rubber Industries, Inc. 12,500 208,510 ------------- Total Miscellaneous Manufacturing 1,633,446 ------------- Office Furnishings--0.4% Kokuyo Co., Ltd. (a) 15,300 179,147 Okamura Corp. 17,000 168,493 ------------- Total Office Furnishings 347,640 ------------- Office/Business Equipment--0.1% Canon Finetech, Inc. 6,300 109,425 ------------- Oil & Gas--0.2% AOC Holdings, Inc. 6,400 90,122 Kanto Natural Gas Development Ltd. 7,000 47,670 ------------- Total Oil & Gas 137,792 ------------- Packaging & Containers--0.2% Fuji Seal International, Inc. 4,000 87,939 Nihon Yamamura Glass Co., Ltd. 34,000 87,550 ------------- Total Packaging & Containers 175,489 ------------- Pharmaceuticals--2.4% Kaken Pharmaceutical Co., Ltd. 29,000 210,640 Kobayashi Pharmaceutical Co., Ltd. 5,100 169,732 Kyorin Co., Ltd. 26,000 366,752 Miraca Holdings, Inc. 11,700 234,009 Mochida Pharmaceutical Co., Ltd. 19,000 178,930 Nippon Shinyaku Co., Ltd. 25,000 229,766 Seikagaku Corp. 13,300 154,437 SSP Co., Ltd. (a) 40,000 194,016 Toho Pharmaceutical Co., Ltd. 4,800 80,262 Tsumura & Co. 6,263 115,376 ZERIA Pharmaceutical Co., Ltd. 23,000 198,907 ------------- Total Pharmaceuticals 2,132,827 ------------- Real Estate--1.3% Ardepro Co., Ltd. 1,047 325,983 Arnest One Corp. 11,400 98,773 Atrium Co., Ltd. 8,600 232,592 Iida Home Max (a) 11,700 190,902 Sumitomo Real Estate Sales Co., Ltd. 6 469 Tokyu Livable, Inc. 6,700 135,362 Touei Housing Corp. (a) 8,500 117,284 ------------- Total Real Estate 1,101,365 ------------- Retail--7.9% Alpen Co., Ltd. 10,000 169,643 AOKI Holdings, Inc. 6,800 129,673 Arcs Co., Ltd. 16,910 267,011 Aucnet, Inc. 9,000 134,313 Belluna Co., Ltd. 4,250 56,784 Best Denki Co., Ltd. 58,500 354,330 Chiyoda Co., Ltd. 10,700 227,005 Circle K Sunkus Co. Ltd. 20,000 348,192 See Notes to Schedule of Investments. 9 Schedule of Investments (unaudited)(continued) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Culture Convenience Club Co., Ltd. 33,200 $ 146,247 Don Quijote Co., Ltd. (a) 5,100 102,004 Edion Corp. 33,400 433,001 Gigas K's Denki Corp. 3,400 94,708 Gulliver International Co., Ltd. 3,150 181,356 Hankyu Department Stores, Inc. 34,000 361,213 Heiwado Co., Ltd. 8,500 145,229 Izumiya Co., Ltd. 18,000 131,034 Kasumi Co., Ltd. 18,000 96,781 Kisoji Co., Ltd. 6,800 118,110 Kojima Co., Ltd. (a) 6,800 67,452 Komeri Co., Ltd. 6,800 180,607 Konaka Co., Ltd. 3,420 32,457 Matsumotokiyoshi Co., Ltd. 8,500 186,182 Ministop Co., Ltd. 8,100 155,448 MOS Food Services, Inc. (a) 8,000 104,166 Nishimatsuya Chain Co., Ltd. 5,500 93,303 Parco Co., Ltd. 11,900 150,611 Plenus Co., Ltd. 22,200 403,571 Point, Inc. 1,810 107,139 Right On Co., Ltd. 3,700 59,921 Royal Holdings Co., Ltd. 10,700 135,163 Ryohin Keikaku Co., Ltd. 6,900 426,309 Seiko Corp. 13,000 100,741 Senshukai Co., Ltd. 13,400 172,417 Shimachu Co., Ltd. 5,100 137,107 Sundrug Co., Ltd. 8,500 185,149 UNY Co., Ltd. 25,000 296,368 USS Co., Ltd. 4,190 266,339 Xebio Co., Ltd. 3,700 98,870 Zensho Co., Ltd. 8,900 84,391 ------------- Total Retail 6,940,345 ------------- Semiconductors--0.4% Mimasu Semiconductor Industry Co., Ltd. 4,700 98,951 Sanken Electric Co., Ltd. 15,000 145,148 Shinkawa Ltd. 6,100 127,932 ------------- Total Semiconductors 372,031 ------------- Software--2.1% Capcom Co., Ltd. 15,700 292,401 Fuji Soft ABC, Inc. 3,400 79,841 Hitachi Software Engineering Co., Ltd. 10,500 234,665 Koei Co., Ltd. (a) 23,000 374,348 NEC Mobiling Ltd. 5,100 90,234 Nihon Unisys Ltd. 7,200 103,194 Nippon System Development Co., Ltd. 6,400 93,853 OBIC Business Consultants Ltd. (a) 3,300 198,275 Sumisho Computer Systems Corp. 11,300 223,722 Trans Cosmos, Inc. (a) 6,300 120,649 ------------- Total Software 1,811,182 ------------- Storage/Warehousing--0.6% Mitsui-Soko Co., Ltd. (a) 29,000 172,598 Sumitomo Warehouse Co., Ltd. (The) (a) 47,000 323,876 ------------- Total Storage/Warehousing 496,474 ------------- See Notes to Schedule of Investments. 10 Schedule of Investments (unaudited)(continued) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Telecommunications--0.9% Denki Kogyo Co., Ltd. 20,000 $ 159,845 Hitachi Kokusai Electric, Inc. 13,000 160,006 Nippon Denwa Shisetsu Co., Ltd. 19,000 65,233 Uniden Corp. (a) 50,000 365,197 ------------- Total Telecommunications 750,281 ------------- Textiles--1.1% Kurabo Industries Ltd. 55,000 154,986 Nitto Boseki Co., Ltd. 34,000 129,949 Seiren Co., Ltd. 6,900 68,835 Toyobo Co., Ltd. 180,000 514,515 Unitika Ltd. (a) 70,000 90,125 ------------- Total Textiles 958,410 ------------- Toys/Games/Hobbies--0.1% TOMY Co., Ltd. (a) 18,400 121,132 ------------- Transportation--2.7% Daiichi Chuo Kisen Kaisha 65,000 305,276 Fukuyama Transporting Co., Ltd. 23,000 97,591 Hitachi Transport System Ltd. 7,300 80,569 Iino Kaiun Kaisha, Ltd. 23,900 283,328 Keisei Electric Railway Co., Ltd. 37,000 216,316 Kintetsu World Express, Inc. 1,200 40,617 Maruzen Showa Unyu Co., Ltd. 10,000 33,200 Nippon Konpo Unyu Soko Co., Ltd. 5,000 64,497 Nishi-Nippon Railroad Co., Ltd. 73,000 264,820 Sagami Railway Co., Ltd. 90,000 295,882 Sankyu, Inc. 20,000 97,818 Seino Holdings Corp. 32,000 302,393 Senko Co., Ltd. 12,000 38,965 Shinwa Kaiun Kaisha, Ltd. 34,000 262,650 ------------- Total Transportation 2,383,922 ------------- Venture Capital--0.1% Jafco Co., Ltd. 2,600 119,584 ------------- TOTAL COMMON STOCKS (Cost: $88,602,461) 87,008,253 ============= See Notes to Schedule of Investments. 11 Schedule of Investments (unaudited)(concluded) WisdomTree Japan SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- SHORT-TERM INVESTMENT--0.0% MONEY MARKET FUND--0.0% United States--0.0% Columbia Cash Reserves Fund, 4.96%(b) (Cost: $48,837) 48,837 $ 48,837 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--14.5% MONEY MARKET FUNDS(c)--14.5% UBS Enhanced Yield Portfolio, 5.27% 3,446,559 3,446,559 UBS Private Money Market Fund LLC, 5.25% 9,303,194 9,303,194 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $12,749,753)(d) 12,749,753 ============= TOTAL INVESTMENTS IN SECURITIES--113.5% (Cost: $101,401,051)(e) 99,806,843 Liabilities in Excess of Cash, Foreign Currency and Other Assets--(13.5)% (11,907,571) ------------- NET ASSETS--100.0% $ 87,899,272 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $12,094,365 and the total market value of the collateral held by the Fund was $12,749,753. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 12 WisdomTree Japan SmallCap Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Consumer Cyclical 26.8% Industrial 26.2% Consumer Non-Cyclical 15.4% Financial 13.1% Basic Materials 10.9% Technology 3.9% Communications 2.2% Utilities 0.4% Energy 0.1% Other 1.0% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Pacific ex-Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.6% Australia--61.6% A.B.C. Learning Centres Ltd. 10,058 $ 59,050 Adelaide Bank Ltd. (a) 19,745 255,295 Adelaide Brighton Ltd. (a) 97,592 303,865 Alesco Corp., Ltd.* (a) 17,064 200,508 Alinta Ltd. 40,227 519,437 Alumina Ltd. (a) 69,844 461,602 Amcor Ltd. (a) 72,778 461,234 AMP Ltd. 137,924 1,184,189 APN News & Media Ltd. (a) 48,611 241,263 Aristocrat Leisure Ltd. (a) 22,534 274,724 Asciano Group 16,723 143,722 Austbrokers Holdings Ltd. 22,679 83,698 Australia & New Zealand Banking Group Ltd. 175,084 4,306,213 Australian Stock Exchange Ltd. (a) 12,123 500,887 Australian Wealth Management Ltd. 3,323 7,499 AWB Ltd. (a) 94,980 347,304 AXA Asia Pacific Holdings Ltd. (a) 65,179 410,863 Babcock & Brown Ltd. 2,061 56,094 Bank of Queensland Ltd. (a) 17,909 263,768 Beach Petroleum Ltd. 30,454 36,947 Bendigo Bank Ltd. (a) 20,071 258,829 BHP Billiton Ltd. 114,759 3,410,576 Billabong International Ltd. (a) 17,432 265,468 BlueScope Steel Ltd. (a) 88,847 779,407 Boom Logistics Ltd. (a) 32,186 92,296 Boral Ltd. (a) 46,437 345,513 Bravura Solutions Ltd. 2,341 3,297 Caltex Australia Ltd. (a) 16,505 331,447 Centennial Coal Co Ltd. 29,347 75,441 Challenger Financial Services Group Ltd. 68,128 336,973 Coca-Cola Amatil Ltd. (a) 73,719 596,662 Cochlear Ltd. 4,760 246,341 Coles Group Ltd. 78,156 1,068,879 Commonwealth Bank of Australia (a) 130,480 6,116,135 Computershare Ltd. 31,556 302,257 Corporate Express Australia Ltd. (a) 39,825 232,458 Crane Group Ltd. 259 3,707 CSL Ltd. 4,582 342,089 CSR Ltd. 85,010 250,986 David Jones Ltd. (a) 84,966 401,514 Domino's Pizza Enterprises Ltd. 13,116 38,390 Downer EDI Ltd. 31,257 195,176 Energy Resources of Australia Ltd. (a) 15,538 252,839 Everest Babcock & Brown Ltd. 3,427 10,903 Foster's Group Ltd. 159,756 864,726 Futuris Corp., Ltd. (a) 141,796 334,433 Gloucester Coal Ltd. 8,793 37,822 Goodman Fielder Ltd. 15,334 31,613 GRD Ltd. 5,011 11,989 Great Southern Plantations Ltd. 37,315 94,974 Gunns Ltd. 7,907 21,936 GWA International Ltd. (a) 37,344 140,037 Harvey Norman Holdings Ltd. 62,149 278,927 Hills Industries Ltd. (a) 47,095 212,962 Insurance Australia Group Ltd. (a) 204,040 986,713 John Fairfax Holdings Ltd. (a) 142,559 568,451 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Pacific ex-Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Jubilee Mines NL 1,412 $ 19,107 Leighton Holdings Ltd. 11,667 408,304 Lend Lease Corp. Ltd. 36,636 576,260 Lion Nathan Ltd. 44,790 352,259 MacArthur Coal Ltd. (a) 7,354 42,239 Macquarie Bank Ltd. 14,324 1,032,961 Mariner Financial Ltd. 29,164 19,052 Metcash Ltd. (a) 57,994 221,410 MFS Ltd. (a) 56,471 277,878 Minara Resources Ltd. (a) 63,112 389,802 National Australia Bank Ltd. 150,116 5,224,244 Nufarm Ltd. (a) 23,795 279,599 OneSteel Ltd. (a) 65,149 355,402 Orica Ltd. 15,889 401,711 Origin Energy Ltd. 41,478 349,788 Oxiana Ltd. 51,454 154,097 Pacific Brands Ltd. 111,221 325,542 PaperlinX Ltd. 77,881 245,796 Perilya Ltd. 10,843 40,201 Perpetual Ltd. (a) 3,663 243,985 Port Bouvard Ltd. 69,772 133,188 Publishing & Broadcasting Ltd. (a) 42,111 700,249 Qantas Airways Ltd. 120,230 571,218 QBE Insurance Group Ltd. 46,037 1,218,603 Rinker Group Ltd. 28,942 462,606 Rio Tinto Ltd. (a) 14,279 1,196,772 Santos Ltd. 43,226 511,221 Seek Ltd. 44,940 281,378 Seven Network Ltd. (a) 25,456 249,444 Sims Group Ltd. (a) 14,151 318,151 Smorgon Steel Group Ltd. (a) 119,828 272,454 Sonic Healthcare Ltd. 17,612 225,027 Specialty Fashion Group Ltd. 3,116 4,864 St.George Bank Ltd. (a) 51,575 1,550,284 Straits Resources Ltd. 8,466 32,968 Suncorp-Metway Ltd. 97,677 1,671,472 Symbion Health Ltd. 80,222 277,686 TABCORP. Holdings Ltd. (a) 62,234 905,509 Tattersall's Ltd. 42,868 170,935 Telstra Corp. Ltd. 1,304,078 5,078,285 Ten Network Holdings Ltd. (a) 83,235 191,371 Timbercorp. Ltd. 40,230 71,675 Toll Holdings Ltd. 16,723 205,581 Transfield Services Ltd. (a) 30,466 287,164 Transpacific Industries Group 77 873 United Group Ltd. (a) 18,443 260,523 Washington H. Soul Pattinson & Co., Ltd. 29,285 250,690 Wesfarmers Ltd. (a) 56,238 2,181,886 West Australian Newspapers Holdings Ltd. (a) 26,819 311,719 Westpac Banking Corp. 177,777 3,870,197 WHK Group Ltd. 112,127 244,480 Woodside Petroleum Ltd. (a) 40,189 1,559,908 Woolworths Ltd. 67,738 1,551,662 WorleyParsons Ltd. 3,723 107,392 Zinifex Ltd. 82,489 1,317,093 ------------- Total Australia 68,864,493 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Pacific ex-Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Hong Kong--24.8% Bank of East Asia Ltd. 78,216 $ 440,208 Beijing Enterprises Holdings Ltd. 14,004 53,201 BOC Hong Kong (Holdings) Ltd. 754,891 1,797,934 Cathay Pacific Airways Ltd. 177,000 440,581 Cheung Kong (Holdings) Ltd. 97,015 1,270,717 China Merchants Holdings (International) Co., Ltd. 46,009 222,750 China Mobile Ltd. 637,613 6,846,803 China Netcom Group Corp., Ltd. 168,004 464,177 China Overseas Land & Investment Ltd. 150,026 234,119 China Power International Development Ltd. 134,000 73,188 China Resources Enterprise, Ltd. 64,009 240,712 China Resources Power Holdings Co. Ltd. 90,017 214,855 China Travel International Investment Hong Kong Ltd. 324,052 169,945 China Unicom Ltd. 270,047 464,937 Chong Hing Bank Ltd. (a) 30,000 68,382 CITIC International Financial Holdings Ltd. 210,039 177,318 CITIC Pacific Ltd. 120,026 602,594 CLP Holdings Ltd. 203,531 1,365,483 CNOOC Ltd. 1,764,140 1,999,295 Dah Sing Banking Group Ltd. 48,004 106,227 Denway Motors Ltd. 300,052 142,006 Fubon Bank (Hong Kong) Ltd. 146,000 82,917 Guangdong Investment Ltd. 232,039 135,343 Guangzhou Investment Co., Ltd. 120,022 30,551 Hang Seng Bank Ltd. 150,227 2,033,030 Henderson Investment Ltd. 112,017 161,336 Hong Kong & China Gas Co., Ltd. (The) 89,309 188,262 Hong Kong Aircraft Engineering Co., Ltd. 5,999 91,237 Hong Kong Exchanges and Clearing Ltd. 32,504 459,419 Hongkong & Shanghai Hotels Ltd. (The) 81,006 143,197 Hongkong Electric Holdings Ltd. 142,525 719,197 Hopewell Holdings Ltd. (a) 51,006 208,124 Hung Hing Printing Group Ltd. 17 10 Hutchison Whampoa Ltd. 134,000 1,330,933 Industrial & Commercial Bank of China Ltd. 8,015 17,039 Link REIT (The) 9,500 21,022 MTR Corp. 232,030 549,662 New World Development Co., Ltd. 188,022 470,422 Oriental Press Group Ltd. 648,047 125,997 PCCW Ltd. 585,054 359,957 Poly Hong Kong Investment Ltd. 101,000 54,906 Raymond Industrial Ltd. 275,519 56,740 Shanghai Industrial Holdings Ltd. 36,006 138,168 Shaw Brothers (Hong Kong) Ltd. 45,006 105,810 Shell Electric Manufacturing Co., Ltd. 35,000 34,696 Shun TAK Holdings Ltd. 68,004 100,033 Singamas Container Holdings Ltd. (a) 236,000 158,482 Sino Land Co. Ltd. 216,022 449,844 Sun Hung Kai Properties Ltd. 80,000 962,918 Television Broadcasts Ltd. 15,002 105,541 Tianjin Development Holdings Ltd. 24,000 26,125 Vitasoy International Holdings Ltd. 158,000 72,756 Wharf (Holdings) Ltd. (The) 151,017 603,651 Wing Hang Bank Ltd. 15,002 165,891 Wing Lung Bank Ltd. 15,004 151,999 ------------- Total Hong Kong 27,710,647 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree Pacific ex-Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- New Zealand--3.3% Air New Zealand Ltd. 67,252 $ 137,163 Auckland International Airport Ltd. 113,750 288,238 CanWest MediaWorks (NZ) Ltd. 21,322 38,380 Contact Energy Ltd. 34,790 242,162 Fisher & Paykel Appliances Holdings Ltd. 24,596 66,126 Fletcher Building Ltd. 58,915 562,108 Freightways Ltd. 12,899 39,163 Hallenstein Glasson Holdings Ltd. 9,230 33,157 Infratil Ltd. 24,690 60,847 Mainfreight Ltd. 3,573 20,426 New Zealand Refining Co., Ltd. (The) 34,028 197,162 Nuplex Industries Ltd. 11,726 65,043 Port of Tauranga Ltd. 11,249 61,181 Pumpkin Patch Ltd. 7,442 19,260 Ryman Healthcare Ltd. 73,023 125,239 Sanford Ltd. 31,458 104,502 Telecom Corp. of New Zealand Ltd. (a) 373,335 1,323,847 Tourism Holdings Ltd. 13,838 26,726 Vector Ltd. 50,189 105,464 Warehouse Group Ltd. (The) 28,924 135,636 ------------- Total New Zealand 3,651,830 ------------- Singapore--9.9% Ascott Group Ltd. (The) 33,314 39,860 Cerebos Pacific Ltd. 15,000 39,622 China Aviation Oil Singapore Corp., Ltd. 14,000 21,694 City Developments Ltd. 15,000 169,669 ComfortDelgro Corp., Ltd. 120,000 171,042 Cosco Corp. (Singapore) Ltd. 32,000 78,250 Creative Technology Ltd. 6,000 30,207 DBS Group Holdings Ltd. 80,000 1,192,586 Delong Holdings Ltd. 900 2,213 Fraser and Neave Ltd. 64,070 228,305 Guocoland Ltd. 30,000 95,328 Hong Leong Asia Ltd. 43,000 96,152 Hotel Plaza Ltd. 44,000 67,031 Hotel Properties Ltd. 29,000 113,766 Jardine Cycle & Carriage Ltd. 14,000 143,712 Jaya Holdings Ltd. 60,000 68,652 Keppel Land Ltd. 15,000 85,815 Keppel Telecommunications & Transportation Ltd. 30,000 64,729 Keppel Corp. Ltd. 36,000 294,223 Labroy Marine Ltd. 39,000 67,063 MobileOne Ltd. 81,000 116,512 Oversea-Chinese Banking Corp. Ltd. 131,000 783,713 Parkway Holdings Ltd. 45,000 117,689 Petra Foods Ltd. 45,000 46,487 Raffles Education Corp., Ltd. 31,000 46,213 SBS Transit Ltd. 22,500 48,547 SembCorp. Industries Ltd. 60,000 223,610 SembCorp. Marine Ltd. 72,000 230,671 SIA Engineering Co., Ltd. 43,000 133,826 Singapore Airlines Ltd. 59,000 725,228 Singapore Airport Terminal Services Ltd. 60,000 121,612 Singapore Exchange Ltd. 30,000 192,226 Singapore Petroleum Co., Ltd. 27,000 101,507 Singapore Post Ltd. 165,000 137,010 Singapore Press Holdings Ltd. 103,000 312,478 Singapore Reinsurance Corp., Ltd. 534,000 127,438 Singapore Technologies Engineering Ltd. 105,000 247,148 Singapore Telecommunications Ltd. 996,450 2,215,130 SMRT Corp. Ltd. 125,000 161,006 StarHub Ltd. 109,083 218,244 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(concluded) WisdomTree Pacific ex-Japan Total Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Straits Trading Co., Ltd. 25,000 $ 75,190 Unisteel Technology Ltd. 34,250 50,162 United Engineers Ltd. 32,000 81,598 United Overseas Bank Ltd. 76,000 1,093,203 UOB Kay Hian Holdings Ltd. 60,000 84,736 Venture Corp., Ltd. 14,000 143,712 WBL Corp., Ltd. 15,000 48,841 Wing Tai Holdings Ltd. 30,000 78,067 ------------- Total Singapore 11,031,723 ------------- TOTAL COMMON STOCKS (Cost: $98,721,049) 111,258,693 ============= SHORT-TERM INVESTMENT--0.2% MONEY MARKET FUND--0.2% Columbia Cash Reserves Fund, 4.96%(b) (Cost: $214,937) 214,937 214,937 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--17.9% MONEY MARKET FUNDS--17.9%(c) UBS Enhanced Yield Portfolio, 5.27% 4,452,581 4,452,581 UBS Private Money Market Fund LLC, 5.25% 15,541,401 15,541,401 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $19,993,982)(d) 19,993,982 ============= TOTAL INVESTMENTS IN SECURITIES--117.7% (Cost: $118,929,968)(e) 131,467,612 Liabilities in Excess of Cash, Foreign Currency and Other Assets- (17.7)% (19,807,523) ------------- NET ASSETS--100.0% $ 111,660,089 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $18,816,190 and the total market value of the collateral held by the Fund was $19,993,982. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 5 WisdomTree Pacific ex-Japan Total Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 39.7% Communications 18.1% Industrial 9.2% Basic Materials 8.8% Consumer Non-Cyclical 6.1% Consumer Cyclical 6.0% Energy 4.7% Diversified 3.6% Utilities 3.1% Technology 0.3% Other 0.4% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Pacific ex-Japan High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.2% Australia--87.2% ABB Grain Ltd. 12,711 $ 98,135 Adelaide Bank Ltd. (a) 38,960 503,738 Adelaide Brighton Ltd. (a) 231,829 721,829 Alesco Corp., Ltd. (a) 47,955 563,488 Amcor Ltd. (a) 236,132 1,496,498 AMP Ltd. 391,641 3,362,555 APN/UKA European Retail Trust 60,180 62,289 Austereo Group Ltd. 10,796 17,861 Australia & New Zealand Banking Group Ltd. 384,030 9,445,265 AWB Ltd. (a) 225,405 824,217 Bank of Queensland Ltd. 13,761 202,675 BlueScope Steel Ltd. 226,308 1,985,278 Boral Ltd. 109,898 817,693 Coca-Cola Amatil Ltd. 212,881 1,723,003 Commonwealth Bank of Australia 235,778 11,051,883 Crane Group Ltd. (a) 37,408 535,402 CSR Ltd. 238,176 703,199 David Jones Ltd. (a) 200,289 946,484 Foster's Group Ltd. 464,378 2,513,583 Futuris Corp., Ltd. (a) 257,340 606,950 Goodman Fielder Ltd. 241,851 498,603 GrainCorp. Ltd. 2,320 27,556 Great Southern Plantations Ltd. (a) 135,405 344,633 GUD Holdings Ltd. (a) 58,875 458,537 Gunns Ltd. (a) 168,668 467,930 GWA International Ltd. (a) 169,974 637,390 Hills Industries Ltd. (a) 114,311 516,911 IBT Education Ltd. 22,216 35,717 Iluka Resources Ltd. 26,807 140,097 Insurance Australia Group Ltd. (a) 557,554 2,696,265 IWL Ltd. 15,505 81,558 John Fairfax Holdings Ltd. (a) 430,910 1,718,245 Jubilee Mines NL (a) 57,449 777,399 Just Group Ltd. 126,785 473,283 Lion Nathan Ltd. 153,539 1,207,534 MacArthur Coal Ltd. (a) 130,193 747,786 MFS Ltd. 147,198 724,320 Minara Resources Ltd. 156,520 966,723 Mortgage Choice Ltd. 53,486 143,393 National Australia Bank Ltd. 298,701 10,395,206 Pacific Brands Ltd. 211,719 619,697 Peet Ltd. 22,996 80,380 Perilya Ltd. 4,061 15,056 Perpetual Ltd. (a) 13,801 919,256 Port Bouvard Ltd. 431,764 824,195 Primary Health Care Ltd. 12,804 137,959 Ridley Corp., Ltd. (a) 130,462 128,393 Salmat Ltd. (a) 37,595 137,151 Sedgman Ltd. 25,359 69,062 Sigma Pharmaceuticals Ltd. 270,188 485,962 Sims Group Ltd. (a) 48,192 1,083,482 Skilled Group Ltd. (a) 23,940 106,631 Smorgon Steel Group Ltd. 400,741 911,170 Southern Cross Broadcasting Australia Ltd. (a) 45,529 618,029 Spotless Group Ltd. (a) 114,230 470,027 St.George Bank Ltd. (a) 134,670 4,048,021 STW Communications Group Ltd. 69,652 174,915 Suncorp-Metway Ltd. 265,126 4,536,898 Sunland Group Ltd. (a) 181,962 629,857 TABCORP. Holdings Ltd. (a) 182,861 2,660,639 Telstra Corp. Ltd. 2,536,045 9,875,757 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Pacific ex-Japan High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Ten Network Holdings Ltd. (a) 237,407 $ 545,838 Timbercorp. Ltd. 13,569 24,175 Wesfarmers Ltd. (a) 141,442 5,487,574 West Australian Newspapers Holdings Ltd. (a) 87,899 1,021,657 Westpac Banking Corp. 407,281 8,866,487 Zinifex Ltd. 206,986 3,304,924 ------------- Total Australia 109,024,303 ------------- Hong Kong--4.5% Fubon Bank (Hong Kong) Ltd. 208 118 GZI Real Estate Investment Trust 809,000 318,720 Hang Seng Bank Ltd. 364,700 4,935,502 Hung Hing Printing Group Ltd. 130 74 Next Media Ltd. 950,000 324,448 Oriental Press Group Ltd. 1,146 223 Prosperity Real Estate Investment Trust 239,000 48,302 ------------- Total Hong Kong 5,627,387 ------------- New Zealand--6.2% CanWest MediaWorks (NZ) Ltd. 60,251 108,454 Fisher & Paykel Appliances Holdings Ltd. 168,344 452,588 Fisher & Paykel Healthcare Corp. 196,190 510,779 Fletcher Building Ltd. 144,504 1,378,711 Freightways Ltd. 36,370 110,424 New Zealand Refining Co., Ltd. (The) 118,294 685,410 Nuplex Industries Ltd. 22,251 123,424 Sky City Entertainment Group Ltd. 192,647 756,053 Telecom Corp. of New Zealand Ltd. (a) 904,572 3,207,615 Vector Ltd. 200,794 421,936 ------------- Total New Zealand 7,755,394 ------------- Singapore--1.3% Jaya Holdings Ltd. 387,000 442,806 MobileOne Ltd. 350,100 503,593 Robinson & Co., Ltd. 7,510 24,060 SMRT Corp. Ltd. 436 562 StarHub Ltd. 785 1,571 UOB-Kay Hian Holdings Ltd. 493,000 696,250 ------------- Total Singapore 1,668,842 ------------- TOTAL COMMON STOCKS (Cost: $113,207,017) 124,075,926 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(concluded) WisdomTree Pacific ex-Japan High-Yielding Equity Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--23.2% MONEY MARKET FUNDS(b)--23.2% UBS Enhanced Yield Portfolio, 5.27% 4,570,844 $ 4,570,844 UBS Private Money Market Fund LLC, 5.25% 24,470,060 24,470,060 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $29,040,904)(c) 29,040,904 ============= TOTAL INVESTMENTS IN SECURITIES--122.4% (Cost: $142,247,921)(d) 153,116,830 Liabilities in Excess of Cash, Foreign Currency and Other Assets--(22.4)% (28,053,424) ------------- NET ASSETS--100.0% $ 125,063,406 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $27,554,783 and the total market value of the collateral held by the Fund was $29,040,904. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 3 WisdomTree Pacific ex-Japan High-Yielding Equity Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 51.1% Communications 14.6% Industrial 12.1% Basic Materials 7.2% Consumer Non-Cyclical 7.1% Consumer Cyclical 5.6% Energy 1.1% Utilities 0.3% Technology 0.1% Other 0.8% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree International LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.8% Australia--6.7% AMP Ltd. 29,441 $ 252,775 Australia & New Zealand Banking Group Ltd. 43,394 1,067,281 BHP Billiton Ltd. 24,870 739,123 Commonwealth Bank of Australia (a) 28,760 1,348,099 Macquarie Bank Ltd. 3,033 218,722 National Australia Bank Ltd. 33,672 1,171,832 QBE Insurance Group Ltd. 10,309 272,880 Rinker Group Ltd. 5,666 90,565 Rio Tinto Ltd. (a) 2,961 248,172 St.George Bank Ltd. 8,162 245,340 Telstra Corp. Ltd. (a) 253,238 986,149 Westpac Banking Corp. 37,763 822,099 Woodside Petroleum Ltd. 6,935 269,177 Woolworths Ltd. 16,546 379,016 ------------- Total Australia 8,111,230 ------------- Austria--0.3% Bank Austria Creditanstalt AG 1,239 239,286 OMV AG 1,060 70,849 ------------- Total Austria 310,135 ------------- Belgium--2.0% Belgacom S.A. 7,351 326,131 Dexia N.V. 11,175 350,295 Fortis N.V. 24,581 1,046,065 InBev N.V. 2,621 208,246 KBC Groep N.V. 3,663 494,805 ------------- Total Belgium 2,425,542 ------------- Denmark--0.6% Danske Bank A/S 9,121 374,096 Novo-Nordisk A/S Class B 2,955 321,767 ------------- Total Denmark 695,863 ------------- Finland--1.3% Fortum Oyj 18,303 573,236 Nokia Oyj 35,289 991,796 ------------- Total Finland 1,565,032 ------------- France--15.5% Accor S.A. 2,405 213,463 Alcatel-Lucent 593 8,313 Assurances Generales de France (a) 2,300 385,829 AXA S.A. (a) 38,421 1,660,982 BNP Paribas 11,177 1,333,803 Bouygues S.A. 3,159 265,327 Carrefour S.A. 7,615 536,231 Christian Dior S.A. 1,222 158,799 Cie de Saint-Gobain S.A. 3,681 414,464 CNP Assurances S.A. 1,348 172,860 Credit Agricole S.A. (a) 17,109 697,587 Electricite de France 6,801 737,379 Gaz de France 5,848 296,097 Groupe Danone 4,824 391,034 Lafarge S.A. 2,017 368,838 L'Air Liquide 2,658 349,786 L'Oreal S.A. 4,695 556,725 LVMH Moet Hennessy Louis Vuitton S.A. 3,652 421,901 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Natixis 32,311 $ 788,968 PPR S.A. 1,797 314,434 Peugeot S.A. 3,101 250,362 Renault S.A. 4,183 673,459 Sanofi-Aventis 8,647 701,860 Schneider Electric S.A. 2,939 413,320 Societe Generale 5,416 1,005,974 Suez S.A. 20,141 1,155,788 TOTAL S.A. 37,033 3,013,899 Veolia Environnement S.A. 2,781 217,954 VINCI S.A. 5,494 411,657 Vivendi S.A. 20,820 897,260 ------------- Total France 18,814,353 ------------- Germany--8.6% Allianz SE 3,671 860,637 BASF AG 5,396 708,643 Bayer AG 6,953 526,800 Bayerische Motoren Werke AG 2,762 179,088 Commerzbank AG 4,342 208,117 DaimlerChrysler AG 12,221 1,132,082 Deutsche Bank AG 3,415 497,234 Deutsche Boerse AG 1,402 158,578 Deutsche Post AG 13,738 445,849 Deutsche Postbank AG 1,204 105,808 Deutsche Telekom AG 86,565 1,600,503 E.ON AG 7,637 1,281,945 Metro AG 2,495 207,164 Muenchener Rueckversicherungs - Gesellschaft AG 2,268 417,156 RWE AG 4,865 518,998 SAP AG 3,110 159,902 Siemens AG 5,938 854,644 ThyssenKrupp AG 4,703 280,298 Volkswagen AG 2,014 321,233 ------------- Total Germany 10,464,679 ------------- Hong Kong--3.2% BOC Hong Kong (Holdings) Ltd. 162,471 386,959 Cheung Kong (Holdings) Ltd. 17,052 223,350 China Mobile Ltd. 152,919 1,642,071 China Netcom Group Corp. Hong Kong Ltd. 1,000 2,763 China Unicom Ltd. 68,110 117,264 CLP Holdings Ltd. 37,110 248,970 CNOOC Ltd. 180,529 204,593 Hang Seng Bank Ltd. 34,295 464,116 Hong Kong & China Gas Co., Ltd. (The) 657 1,385 Hutchison Whampoa Ltd. 36,110 358,657 MTR Corp. 110 261 Sun Hung Kai Properties Ltd. 20,052 241,356 ------------- Total Hong Kong 3,891,745 ------------- Ireland--0.6% Allied Irish Banks PLC 10,725 292,735 Anglo Irish Bank Corp. PLC 2,603 53,084 Bank of Ireland 10,977 221,930 CRH PLC 2,711 134,042 ------------- Total Ireland 701,791 ------------- Italy--7.6% Assicurazioni Generali SpA (a) 8,974 360,686 Autostrade SpA 2,621 87,150 Banca Intesa SpA 248,527 1,856,134 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree International LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Banca Monte dei Paschi di Siena S.p.A. 17,193 $ 116,448 Capitalia SpA 27,880 277,505 Enel SpA 162,887 1,754,396 Eni SpA 73,581 2,673,183 Luxottica Group SpA 1,702 66,155 Mediobanca SpA 8,075 183,870 Telecom Italia SpA 308,615 846,104 UniCredito Italiano SpA 116,481 1,042,988 ------------- Total Italy 9,264,619 ------------- Japan--6.4% Astellas Pharma, Inc. 3,500 151,909 Bridgestone Corp. 1,800 38,479 Canon, Inc. 5,400 316,142 Chubu Electric Power Co., Inc. 5,400 142,986 Daiwa Securities Group, Inc. 3,000 31,896 DENSO CORP. 3,600 140,508 Eisai Co., Ltd. 3,100 135,050 Fanuc Ltd. 1,600 164,800 Fuji Photo Film Co., Ltd. 1,800 80,311 Hitachi Ltd. 18,000 127,536 Honda Motor Co., Ltd. 7,200 262,359 Hoya Corp. 1,500 49,678 Japan Tobacco, Inc. 22 108,312 JFE Holdings, Inc. 1,800 111,794 Kansai Electric Power Co., Inc. (The) 5,400 127,463 Kao Corp. 4,000 103,324 Komatsu Ltd. 5,600 162,339 Kyocera Corp. 1,600 170,242 Matsushita Electric Industrial Co., Ltd. 2,000 39,597 Millea Holdings, Inc. 3,200 131,115 Mitsubishi Corp. 5,500 143,852 Mitsubishi Electric Corp. 16,000 147,957 Mitsubishi Estate Co., Ltd. 1,000 27,127 Mitsubishi UFJ Financial Group, Inc. 31 341,390 Mitsui & Co., Ltd. 2,000 39,759 Mitsui Fudosan Co., Ltd. 1,000 28,017 Mitsui Sumitomo Insurance Co., Ltd. 1,000 12,810 Nippon Steel Corp. 49,000 344,403 Nippon Telegraph & Telephone Corp. 57 252,472 Nissan Motor Co., Ltd. 28,800 308,068 Nomura Holdings, Inc. 10,200 198,227 NTT DoCoMo, Inc. 268 423,175 Sharp Corp. 2,000 37,896 SOFTBANK CORP. 2,100 45,233 Sony Corp. 1,200 61,509 Sumitomo Corp. 7,200 131,179 Sumitomo Metal Industries Ltd. 31,000 182,242 Sumitomo Realty & Development Co., Ltd. 1,000 32,552 Sumitomo Trust & Banking Co., Ltd. (The) 8,000 76,116 Suzuki Motor Corp. 1,800 51,014 T&D Holdings, Inc. 6,400 431,694 Takeda Pharmaceutical Co., Ltd. 7,300 470,529 Tokyo Electric Power Co., Inc. (The) 9,000 288,595 Tokyo Gas Co., Ltd. 18,000 85,121 Toshiba Corp. 18,000 156,687 Toyota Motor Corp. 14,400 909,511 Yahoo Japan Corp. 20 6,778 ------------- Total Japan 7,829,753 ------------- Netherlands--5.1% ABN AMRO Holding N.V. 41,771 1,920,891 AEGON N.V. 18,627 368,294 Akzo Nobel N.V. 2,729 235,734 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree International LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- European Aeronautic Defence & Space Co. EADS N.V. 9,165 $ 298,552 Heineken N.V. 879 51,628 ING Groep N.V. 28,240 1,250,595 Koninklijke Philips Electronics N.V. 8,118 346,016 Royal KPN N.V. 36,654 609,878 STMicroelectronics N.V. 4,539 87,968 TNT N.V. 3,519 158,879 Unilever N.V. CVA 20,388 634,957 Unilever N.V. 8,786 272,679 ------------- Total Netherlands 6,236,071 ------------- Norway--0.9% DnB NOR ASA 19,857 256,182 Norsk Hydro ASA 10,826 417,911 Statoil ASA 14,292 444,028 Telenor ASA 26 510 ------------- Total Norway 1,118,631 ------------- Portugal--0.2% Portugal Telecom, SGPS, S.A. 19,456 268,807 ------------- Singapore--1.1% DBS Group Holdings Ltd. 20,000 298,146 Oversea-Chinese Banking Corp. Ltd. 69,000 412,795 Singapore Telecommunications Ltd. 162,500 361,241 United Overseas Bank Ltd. 19,000 273,301 ------------- Total Singapore 1,345,483 ------------- Spain--6.9% Abertis Infraestructuras S.A. (a) 4,883 151,877 ACS, Actividades Construccion y Servicios, S.A. 1,672 106,854 Altadis, S.A. 2,333 155,021 Banco Bilbao Vizcaya Argentaria, Chile, S.A. 42,971 1,056,228 Banco Popular Espanol, S.A. 13,112 244,730 Banco Santander Central Hispano S.A. 118,108 2,183,704 Cia Espanola De Petroleos, S.A. (a) 2,099 196,452 Endesa S.A. 13,908 755,282 Gas Natural SDG, S.A. 4,901 298,718 Grupo Ferrovial S.A. 684 67,482 IBERDROLA, S.A. 10,936 613,382 Inditex S.A. 1,996 117,991 Repsol YPF, S.A. 11,139 440,031 Sacyr Vallehermoso, S.A. 1,497 72,238 Telefonica S.A. 81,415 1,818,655 Union Fenosa, S.A. 2,225 119,147 ------------- Total Spain 8,397,792 ------------- Sweden--2.7% AB Volvo Class B 22,350 446,530 Atlas Copco AB Class A 21,220 355,874 H&M Hennes & Mauritz AB Class B 9,021 534,772 Nordea Bank AB 36,110 566,095 Sandvik AB 7,400 150,003 Skandinaviska Enskilda Banken AB 1,121 36,292 Svenska Handelsbanken AB Class A 7,221 202,713 Swedbank AB Class A 7,221 262,210 Telefonaktiebolaget LM Ericsson Class B 96,262 385,486 TeliaSonera AB (a) 45,131 332,368 ------------- Total Sweden 3,272,343 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree International LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Switzerland--4.4% Credit Suisse Group 11,956 $ 852,119 Holcim Ltd. 76 8,235 Nestle S.A. 3,458 1,314,807 Novartis AG 18,936 1,066,077 Roche Holding AG 3,286 582,879 Swiss Reinsurance Co. 3,393 309,788 Swisscom AG 446 152,385 UBS AG 17,066 1,024,851 ------------- Total Switzerland 5,311,141 ------------- United Kingdom--25.7% Anglo American PLC 13,349 788,752 AstraZeneca PLC 15,136 814,776 Aviva PLC 33,178 494,923 BAE SYSTEMS PLC 31,385 255,025 Barclays PLC 105,929 1,479,212 BHP Billiton PLC 15,527 433,021 BP PLC 234,651 2,838,873 British American Tobacco PLC 27,880 949,810 British Sky Broadcasting PLC 13,774 176,867 BT Group PLC 152,007 1,014,055 Cadbury Schweppes PLC 19,678 268,470 Centrica PLC 47,465 369,974 Diageo PLC 36,962 769,025 GlaxoSmithKline PLC 69,282 1,814,000 HBOS PLC 57,708 1,141,035 HSBC Holdings PLC 178,377 3,274,661 Imperial Tobacco Group PLC 6,594 305,213 Legal & General Group PLC 130,079 391,737 Lloyds TSB Group PLC 144,441 1,611,282 Marks & Spencer Group PLC 13,552 170,753 National Grid PLC 45,599 675,177 Old Mutual PLC 65,288 221,243 Prudential PLC 24,239 347,232 Reed Elsevier PLC 13,444 174,383 Rio Tinto PLC 6,480 497,553 Royal Bank of Scotland Group (The) PLC 128,303 1,629,472 Royal Dutch Shell PLC Class A 50,751 2,069,276 Royal Dutch Shell PLC Class B 33,743 1,410,195 SABMiller PLC 11,391 289,336 Scottish & Southern Energy PLC 8,693 252,723 Shire PLC 828 20,616 Standard Chartered PLC 12,842 419,978 Tesco PLC 72,369 607,651 Unilever N.V. 18,231 590,730 Vodafone Group PLC 727,930 2,450,686 Wolseley PLC 2,532 61,062 WPP Group PLC 5,316 79,833 Xstrata PLC 2,063 123,635 ------------- Total United Kingdom 31,282,245 ------------- TOTAL COMMON STOCKS (Cost: $108,922,977) 121,307,255 ============= SHORT-TERM INVESTMENT--0.0% MONEY MARKET FUND(b)--0.0% United States--0.0% Columbia Cash Reserves Fund, 4.96% (Cost: $34,688) 34,688 34,688 ============= See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(concluded) WisdomTree International LargeCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--2.3% MONEY MARKET FUNDS(c)--2.3% UBS Enhanced Yield Portfolio, 5.27% 2,496,503 $ 2,496,503 UBS Private Money Market Fund LLC, 5.25% 342,143 342,143 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $2,838,646)(d) 2,838,646 ============= TOTAL INVESTMENTS IN SECURITIES --102.1% (Cost: $111,796,311)(e) 124,180,589 Liabilities in Excess of Foreign Currency and Other Assets --(2.1)% (2,575,800) ------------- NET ASSETS--100.0% $ 121,604,789 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $2,119,743 and the total market value of the collateral held by the Fund was $2,838,646. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 6 WisdomTree International LargeCap Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 37.6% Communications 13.1% Consumer Non-Cyclical 12.5% Energy 11.6% Utilities 8.7% Industrial 5.6% Consumer Cyclical 5.0% Basic Materials 4.6% Diversified 0.6% Technology 0.5% Other 0.2% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree International Dividend Top 100 Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.7% Australia--16.8% AMP Ltd. 647,970 $ 5,563,347 Australia & New Zealand Banking Group Ltd. 229,254 5,638,530 Coles Group Ltd. 149,706 2,047,411 Commonwealth Bank of Australia 143,547 6,728,638 Macquarie Bank Ltd. 59,163 4,266,482 National Australia Bank Ltd. 119,732 4,166,838 QBE Insurance Group Ltd. (a) 163,965 4,340,168 St.George Bank Ltd. (a) 224,308 6,742,434 Suncorp-Metway Ltd. 312,683 5,350,704 Telstra Corp. Ltd. (a) 2,063,812 8,036,807 Westpac Banking Corp. 264,487 5,757,869 Woodside Petroleum Ltd. (a) 109,512 4,250,633 Woolworths Ltd. (a) 200,897 4,601,909 ------------- Total Australia 67,491,770 ------------- Belgium--3.8% Belgacom S.A. 127,786 5,669,299 Dexia N.V. 136,714 4,285,474 Fortis N.V. 85,233 3,627,161 KBC Groep N.V. 12,794 1,728,239 ------------- Total Belgium 15,310,173 ------------- Denmark--0.8% Danske Bank A/S 79,589 3,264,330 ------------- Finland--2.1% Fortum Oyj 104,962 3,287,332 Sampo Oyj Class A 176,640 5,095,667 ------------- Total Finland 8,382,999 ------------- France--13.9% Assurances Generales de France (a) 21,491 3,605,155 AXA S.A. (a) 78,519 3,394,464 BNP Paribas 27,490 3,280,508 Credit Agricole S.A. (a) 104,140 4,246,112 Gaz de France 80,667 4,084,342 L'Air Liquide S.A. 20,730 2,728,018 Natixis 181,605 4,434,421 Peugeot S.A. 55,858 4,509,745 Renault S.A. 19,797 3,187,298 Schneider Electric S.A. 34,531 4,856,191 Societe Generale 18,464 3,429,525 Suez S.A. 65,838 3,778,105 TOTAL S.A. 52,118 4,241,579 VINCI S.A. 23,912 1,791,691 Vivendi S.A. 102,957 4,437,041 ------------- Total France 56,004,195 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International Dividend Top 100 Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Germany--6.2% BASF AG 27,603 $ 3,625,033 Bayer Schering Pharma AG 27,012 3,790,382 Deutsche Bank AG 20,530 2,989,226 Deutsche Post AG 89,636 2,909,022 Deutsche Telekom AG 257,993 4,770,041 Muenchener Rueckversicherungs- Gesellschaft AG 16,769 3,084,346 RWE AG 33,338 3,556,496 ------------- Total Germany 24,724,546 ------------- Hong Kong--4.3% BOC Hong Kong (Holdings) Ltd. 2,458,132 5,854,567 China Netcom Group Corp. (Hong Kong) Ltd. 175 484 CLP Holdings Ltd. 657,053 4,408,144 CNOOC Ltd. 3,095,000 3,507,553 Hang Seng Bank Ltd. 244,216 3,304,986 ------------- Total Hong Kong 17,075,734 ------------- Ireland--1.6% Allied Irish Banks PLC 117,299 3,201,631 Bank of Ireland 156,884 3,171,637 ------------- Total Ireland 6,373,268 ------------- Italy--9.2% Banca Monte dei Paschi di Siena SpA (a) 480,317 3,253,191 Enel SpA (a) 628,540 6,769,777 Eni SpA (a) 140,749 5,113,382 Intesa Sanpaolo SpA (a) 1,058,725 7,907,133 Mediobanca SpA (a) 142,712 3,249,592 Telecom Italia SpA 2,142,953 5,875,156 UniCredito Italiano SpA 328,190 2,938,662 Unione di Banche Italiane SCPA 80,186 2,041,365 ------------- Total Italy 37,148,258 ------------- Netherlands--4.5% ABN AMRO Holding N.V. 73,980 3,402,061 AEGON N.V. 188,031 3,717,759 ING Groep N.V. 87,871 3,891,327 Royal KPN N.V. 253,152 4,212,140 Unilever N.V. 86,354 2,680,052 ------------- Total Netherlands 17,903,339 ------------- Norway--1.1% DnB NOR ASA 333,916 4,307,973 ------------- Portugal--1.2% Portugal Telecom, SGPS, S.A. 357,795 4,943,342 ------------- Singapore--1.7% DBS Group Holdings Ltd. 214,000 3,190,166 Singapore Telecommunications Ltd. 1,716,500 3,815,816 ------------- Total Singapore 7,005,982 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree International Dividend Top 100 Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Spain--3.4% Banco Bilbao Vizcaya Argentaria, Chile, S.A. 118,095 $ 2,902,777 Banco Santander Central Hispano S.A. 186,024 3,439,404 Endesa S.A. 66,740 3,624,357 Telefonica, S.A. 173,690 3,879,904 ------------- Total Spain 13,846,442 ------------- Sweden--4.3% AB Volvo Class B 183,615 3,668,444 H&M Hennes & Mauritz AB Class B 13 771 Nordea Bank AB 232,211 3,640,361 Sandvik AB 158 3,203 Svenska Handelsbanken AB Class A 103,784 2,913,495 Swedbank AB Class A 112,700 4,092,385 TeliaSonera AB 416,500 3,067,323 ------------- Total Sweden 17,385,982 ------------- Switzerland--2.3% Swiss Reinsurance Co. 15,158 1,383,959 Swisscom AG 9,988 3,412,594 Zurich Financial Services AG 14,812 4,583,429 ------------- Total Switzerland 9,379,982 ------------- United Kingdom--22.5% AstraZeneca PLC 85,254 4,589,250 Aviva PLC 222,125 3,313,483 Barclays PLC 297,777 4,158,212 BP PLC 230,204 2,785,072 British American Tobacco PLC 96,144 3,275,414 BT Group PLC 861,279 5,745,685 Centrica PLC 483,175 3,766,186 Compass Group PLC 449,977 3,121,467 Diageo PLC 83,252 1,732,127 GlaxoSmithKline PLC 96,411 2,524,314 HBOS PLC 196,086 3,877,122 HSBC Holdings PLC 211,457 3,881,946 Imperial Tobacco Group PLC 92,382 4,276,035 Legal & General Group PLC 1,357,016 4,086,692 Lloyds TSB Group PLC 680,615 7,592,461 National Grid PLC 157,156 2,326,985 Old Mutual PLC 1,393,294 4,721,486 Pearson PLC 180,531 3,053,414 Royal Bank of Scotland Group (The) PLC 320,535 4,070,853 Royal Dutch Shell PLC Class A 112,370 4,581,745 Scottish & Southern Energy PLC 156,517 4,550,260 Unilever PLC 142,156 4,606,212 Vodafone Group PLC 1,116,394 3,758,510 ------------- Total United Kingdom 90,394,931 ------------- TOTAL COMMON STOCKS (Cost: $383,211,690) 400,943,246 ============= See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(concluded) WisdomTree International Dividend Top 100 Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- SHORT-TERM INVESTMENT--0.3% MONEY MARKET FUND--0.3% United States-0.3% Columbia Cash Reserves Fund, 4.96%(b) (Cost: $1,096,209) 1,096,209 $ 1,096,209 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--6.9% MONEY MARKET FUNDS(c)--6.9% AIM Liquid Assets Portfolio, 5.18% 10,393 10,393 AIM Prime Portfolio, 5.22% 83,643 83,643 UBS Enhanced Yield Portfolio, 5.27% 16,208,271 16,208,271 UBS Private Money Market Fund LLC, 5.25% 11,469,177 11,469,177 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $27,771,484)(d) 27,771,484 ============= TOTAL INVESTMENTS IN SECURITIES--106.9% (Cost: $412,079,383)(e) 429,810,939 Liabilities in Excess of Cash, Foreign Currency and Other Assets --(6.9)% (27,593,061) ------------- NET ASSETS--100.0% $ 402,217,878 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $26,410,309 and the total market value of the collateral held by the Fund was $27,771,484. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 4 WisdomTree International Dividend Top 100 Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 51.5% Communications 16.1% Utilities 10.0% Consumer Non-Cyclical 7.9% Energy 6.1% Industrial 3.3% Consumer Cyclical 3.2% Basic Materials 1.6% Other 0.3% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree International MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.5% Australia--14.2% Alinta Ltd. 7,189 $ 92,829 Alumina Ltd. (a) 133,805 884,322 Amcor Ltd. (a) 139,359 883,195 Aristocrat Leisure Ltd. (a) 59,230 722,103 Asciano Group* 41,025 352,581 Australian Stock Exchange Ltd. (a) 27,982 1,156,135 AXA Asia Pacific Holdings Ltd. 133,488 841,457 Billabong International Ltd. (a) 24,404 371,643 BlueScope Steel Ltd. 263,674 2,313,070 Boral Ltd. (a) 140,210 1,043,228 Caltex Australia Ltd. (a) 44,846 900,581 Coca-Cola Amatil Ltd. (a) 141,181 1,142,682 Computershare Ltd. (a) 95,752 917,155 CSL Ltd. 14,711 1,098,312 Foster's Group Ltd. (a) 352,641 1,908,773 Harvey Norman Holdings Ltd. (a) 199,663 896,095 Insurance Australia Group Ltd. (a) 428,778 2,073,519 John FairFax Holdings Ltd. (a) 207,110 825,847 Leighton Holdings Ltd. 47,405 1,659,010 Lend Lease Corp. Ltd. (a) 82,882 1,303,679 Lion Nathan Ltd. (a) 102,232 804,021 Metcash Ltd. 43,687 166,788 Minara Resources Ltd. 104,721 646,794 Newcrest Mining Ltd. 39,775 771,076 Orica Ltd. 36,172 914,512 Origin Energy Ltd. (a) 114,552 966,028 Oxiana Ltd. 28,486 85,311 Publishing & Broadcasting Ltd. (a) 122,809 2,042,147 Qantas Airways Ltd. 388,879 1,847,579 Santos Ltd. 82,233 972,545 Sonic Healthcare Ltd. 26,636 340,326 Suncorp-Metway Ltd. 90,401 1,546,963 TABCORP Holdings Ltd. (a) 119,237 1,734,906 Toll Holdings Ltd. 42,049 516,922 Wesfarmers Ltd. (a) 102,799 3,988,328 Zinifex Ltd. 186,665 2,980,461 ------------- Total Australia 41,710,923 ------------- Austria--0.6% BOEHLER-UDDEHOLM AG 3,920 391,768 Verbund - Oesterreichische Elektrizitatswirtschafts AG Class A 2,655 135,827 voestalpine AG 6,743 569,172 Wiener Staedtische AG 3,467 247,228 Wienerberger AG 6,990 516,387 ------------- Total Austria 1,860,382 ------------- Belgium--2.2% Bekaert S.A. (a) 1,476 216,983 Delhaize Group 12,943 1,273,430 Groep Colruyt S.A. 2,161 452,344 KBC Ancora 7,340 859,460 Mobistar S.A. 9,349 797,982 Compagnie Nationale a Portefeuille S.A. 9,279 670,198 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Solvay S.A. 8,101 $ 1,278,105 UCB S.A. 10,819 640,719 Umicore 1,230 267,898 ------------- Total Belgium 6,457,119 ------------- Denmark--1.4% Carlsberg A/S Class B 1,950 236,044 Codan A/S 2,025 220,868 Coloplast A/S Class B 1,800 146,183 Danisco A/S 4,450 332,325 H. Lundbeck A/S 11,900 302,348 Novozymes A/S Class B 1,950 226,489 Sydbank A/S 3,850 184,458 TrygVesta A/S 18,250 1,434,113 Wacker Chemie AG 4,348 1,027,634 ------------- Total Denmark 4,110,462 ------------- Finland--3.9% Cargotec Corp. Class B 9,639 594,530 Elisa Oyj 17,211 470,000 Kesko Oyj Class B 8,383 558,611 Metso Oyj 18,514 1,095,679 Neste Oil Oyj 28,849 1,134,963 OKO Bank PLC Class A 30,598 569,033 Outokumpu Oyj 16,740 565,657 Rautaruukki Oyj 32,638 2,096,850 Sanoma-WSOY Oyj 21,711 688,183 Stora Enso Oyj Class R 80,684 1,523,370 UPM-Kymmene Oyj 56,279 1,390,939 Wartsila Oyj Class B 6,643 438,716 YIT Oyj 10,477 330,396 ------------- Total Finland 11,456,927 ------------- France--8.8% Capgemini S.A. 7,187 527,737 Casino Guichard Perrachon S.A. 17,340 1,756,390 Cie Generale d'Optique Essilor International S.A. 4,833 576,809 Ciments Francais 2,403 553,433 Clarins 5,661 500,166 EIFFAGE (a) 6,177 883,455 Etablissements Maurel et Prom 2,501 51,240 Euler Hermes S.A. 3,633 516,660 Fonciere Des Regions 3,063 448,877 Imerys S.A. 6,397 648,911 Ipsen 11,124 570,894 Klepierre 8,459 1,438,663 Lagardere SCA 7,835 681,982 Legrand S.A. 24,040 869,148 M6, Metropole Television (a) 40,859 1,331,545 Neopost S.A. 4,487 657,562 PagesJaunes S.A. 94,078 1,978,278 Publicis Groupe S.A. 21,424 944,701 Remy Cointreau S.A. 6,521 488,345 SCOR SE 6,115 166,328 Societe BIC S.A. 9,831 724,407 Societe Des Autoroutes Paris-Rhin-Rhone 23,257 2,362,013 Societe Immobiliere de Location pour l'Industrie et le Commerce 1,603 258,709 Societe Television Francaise 1 28,973 1,004,454 Sodexho Alliance S.A. 20,634 1,481,144 Technip S.A. 8,998 744,933 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree International MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Thales S.A. 17,105 $ 1,046,945 Thomson 41,864 798,902 Valeo S.A. 13,815 742,769 Wendel Investissement 3,344 610,370 Zodiac SA 6,501 499,578 ------------- Total France 25,865,348 ------------- Germany--3.8% ALTANA AG 41,387 998,848 AMB Generali Holding AG 3,139 479,982 Celesio AG 8,913 579,483 Deutsche Lufthansa AG 64,192 1,799,778 Fraport AG Frankfurt Airport Services Worldwide (a) 5,852 417,933 Fresenius AG 3,580 275,206 Hannover Rueckversicheru AG 18,529 899,625 Heidelberger Druckmaschinen AG 4,531 219,868 Henkel KGaA 11,759 562,033 Hochtief AG 3,756 409,313 Hypo Real Estate Holding AG 19,582 1,269,695 IKB Deutsche Industriebank AG 7,146 261,060 K+S AG 3,344 515,122 Merck KGaA (a) 2,038 280,885 Rheinmetall AG 2,854 265,881 Salzgitter AG 2,444 473,624 Stada Arzneimittel AG 4,210 268,598 Sudzucker AG 37,720 837,499 United Internet AG 14,185 296,367 ------------- Total Germany 11,110,800 ------------- Hong Kong--5.4% Bank of East Asia Ltd. 213,767 1,203,104 Cathay Pacific Airways Ltd. 534,000 1,329,211 China Merchants Holdings (International) Co. 160,321 776,187 China Overseas Land & Investment Ltd. 236,636 369,276 China Resources Enterprise, Ltd. 154,162 579,742 China Resources Power Holdings Co. Ltd. 78,321 186,939 CITIC Pacific Ltd. 438,562 2,201,813 Denway Motors Ltd. 265,129 125,478 Guangdong Investment Ltd. 188,808 110,127 Henderson Investment Ltd. 82,327 118,574 Hong Kong & China Gas Co., Ltd. (The) 262,000 552,292 Hong Kong Exchanges and Clearing Ltd. 148,162 2,094,156 Hongkong Electric Holdings Ltd. 410,020 2,069,006 Hopewell Holdings Ltd. (a) 128,162 522,950 Link REIT (The) 6,150 13,609 New World Development Ltd. 246,484 616,691 PCCW Ltd. 658,202 404,962 Sino Land Co. Ltd. 562,002 1,170,313 Television Broadcasts Ltd. 41,084 289,032 Wharf Holdings Ltd. 202,245 808,421 Wing Hang Bank Ltd. 37,037 409,554 ------------- Total Hong Kong 15,951,437 ------------- Ireland--0.8% C&C Group PLC 37,509 505,565 IAWS Group PLC 3,262 68,329 Independent News & Media PLC 102,689 518,341 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree International MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Irish Life & Permanent PLC 39,581 $ 996,957 Kerry Group PLC Class A 4,326 120,939 Kingspan Group PLC 4,039 112,970 ------------- Total Ireland 2,323,101 ------------- Italy--7.4% ACEA SpA 26,204 524,831 AEM SpA (a) 162,377 598,136 Alleanza Assicurazioni SpA (a) 152,376 1,992,061 ASM SpA 85,063 516,681 Autogrill SpA 23,198 491,569 Banca Carige SpA (a) 138,214 643,061 Banca CR Firenze SpA (a) 76,375 642,614 Banca Popolare di Milano S.c.r.l. 29,489 450,835 Banca Popolare di Sondrio S.c.r.l. 26,070 459,475 Banca Popolare di Verona e Novara S.c.r.l. (a) 31,145 897,622 Benetton Group SpA 39,014 681,813 Bulgari SpA (a) 32,920 529,520 CIR-Compagnie Industriali Riunite SpA 125,408 483,127 Credito Emiliano SpA 188 2,671 ERG SpA 9,420 257,243 Finmeccanica SpA 19,068 587,925 Fondiaria-Sai SpA 12,406 601,334 Geox SpA 32,460 599,716 Hera SpA 109,718 458,987 Ifil Investments SpA 64,218 692,970 Italcementi SpA 15,465 478,713 Mediaset SpA 189,035 1,954,331 Mediolanum SpA (a) 52,938 441,842 Milano Assicurazioni SpA 85,520 712,629 Pirelli & C. Real Estate SpA 10,389 604,450 RCS MediaGroup SpA (a) 75,530 421,544 Snam Rete Gas SpA 419,628 2,485,104 Societa Cattolica di Assicurazioni S.c.r.l. (a) 12,610 730,776 Terna SpA (a) 331,902 1,147,521 Unipol SpA 197,685 712,846 ------------- Total Italy 21,801,947 ------------- Japan--14.2% Advantest Corp. 1,500 65,225 Aioi Insurance Co., Ltd. 50,000 324,305 Aisin Seiki Co., Ltd. 20,500 751,974 Ajinomoto Co., Inc. 41,000 471,768 All Nippon Airways Co., Ltd. 164,000 622,827 Asahi Breweries Ltd. 45,100 697,891 Asahi Kasei Corp. 123,000 806,753 Bank of Yokohama Ltd. (The) 44,000 307,834 Chiba Bank Ltd. (The) 81,000 717,551 Chugai Pharmaceutical Co., Ltd. 4,600 82,505 Chugoku Electric Power Co., Inc. (The) 32,800 648,059 Cosmo Oil Co., Ltd. 80,000 440,504 CSK Holdings Corp. 2,500 87,858 Dai Nippon Printing Co., Ltd. 15,000 223,369 Daido Steel Co., Ltd. 32,000 217,920 Daikin Industries Ltd. 20,500 745,334 Daito Trust Construction Co., Ltd. 1,000 47,532 Daiwa House Industry Co., Ltd. 41,000 584,979 Electric Power Development Co. 16,400 650,715 Fast Retailing Co., Ltd. 16,000 1,136,240 Fuji Heavy Industries Ltd. 97,000 463,420 Gunma Bank Ltd. (The) 22,000 147,682 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree International MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Hankyu Hanshin Holdings, Inc. 120,000 $ 632,576 Hino Motors Ltd. 93,000 555,010 Hokkaido Electric Power Co., Inc. 26,600 576,177 Hokuriku Electric Power Co. 30,300 585,169 IBIDEN Co., Ltd. 12,300 792,809 JGC Corp. 1,000 18,705 JS Group Corp. 32,800 663,994 Kaneka Corp. 63,000 526,977 Keio Corp. 19,000 126,159 Kobe Steel Ltd. 365,000 1,383,214 Kubota Corp. 39,000 315,802 Lawson, Inc. 8,100 279,412 Marubeni Corp. 123,000 1,010,932 Marui Co., Ltd. 400 5,037 Matsushita Electric Works Ltd. 41,000 523,228 Mitsubishi Gas Chemical Co., Inc. 9,000 82,133 Mitsubishi UFJ Securities Co. 41,000 459,152 Mitsui Trust Holdings, Inc. 41,000 356,565 Mizuho Investors Securities Co., Ltd. 42,000 90,805 NEC Corp. 12,000 61,994 Nikko Cordial Corp. 65,500 854,452 Nikon Corp. 38,000 1,058,504 Nippon Electric Glass Co., Ltd. 47,500 836,572 Nippon Mining Holdings, Inc. 82,000 784,841 Nippon Oil Corp. 82,000 760,938 Nippon Sheet Glass Co., Ltd. 23,000 104,854 Nippon Yusen K.K. 82,000 750,978 Nisshin Seifun Group, Inc. 2,500 24,677 Nitto Denko Corp. 1,700 85,623 NOK Corp. 24,600 517,916 Obayashi Corp. 25,000 136,038 OJI Paper Co., Ltd. 123,000 596,599 Olympus Corp. 31,000 1,207,417 Oracle Corp. Japan (a) 25,100 1,105,663 Osaka Gas Co., Ltd. 205,000 760,274 Sankyo Co., Ltd. 10,000 420,260 SBI Holdings, Inc. 1,082 343,012 Sega Sammy Holdings, Inc. 42,700 689,797 Sekisui House, Ltd. 41,000 546,135 Shinko Securities Co., Ltd. 27,000 139,487 Shiseido Co., Ltd. 41,000 873,153 Shizuoka Bank Ltd. (The) 41,000 414,997 SUMCO Corp. 11,800 591,457 Sumitomo Metal Mining Co., Ltd. 52,000 1,126,361 Sumitomo Titanium Corp. 600 55,970 Taisho Pharmaceutical Co., Ltd. 39,000 772,137 TDK Corp. 3,200 308,871 Terumo Corp. 10,500 404,713 TOHO Gas Co., Ltd. 8,000 39,840 Tohoku Electric Power Co., Inc. 31,100 696,316 Tokuyama Corp. 9,000 117,041 Tokyu Corp. 123,000 820,697 TonenGeneral Sekiyu K.K. 80,000 779,303 Toppan Printing Co., Ltd. 17,000 182,396 Toray Industries, Inc. 47,000 346,710 Toyo Seikan Kaisha Ltd. 23,700 456,747 Toyota Tsusho Corp. 28,700 662,335 Yamada Denki Co., Ltd. 8,200 855,225 Yamaha Motor Co., Ltd. 24,600 713,130 Yamato Holdings Co., Ltd. 41,000 578,671 ------------- Total Japan 41,808,202 ------------- See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree International MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Netherlands--1.9% Fugro N.V. 3,756 $ 238,669 Heineken Holding N.V. 13,346 691,237 Hunter Douglas N.V. 6,245 590,562 Koninklijke BAM Groep N.V. 25,164 713,010 Koninklijke DSM N.V. 816 40,280 Koninklijke Vopak N.V. 4,121 234,869 Randstad Holding N.V. 11,623 923,795 SBM Offshore N.V. 16,416 627,429 SNS Reaal 17,207 389,252 Vedior N.V. 11,733 351,940 Wolters Kluwer N.V. 29,604 905,585 ------------- Total Netherlands 5,706,628 ------------- New Zealand--1.5% Contact Energy Ltd. 70,277 489,175 Fletcher Building Ltd. 86,549 825,763 Telecom Corp. of New Zealand Ltd. (a) 893,208 3,167,320 ------------- Total New Zealand 4,482,258 ------------- Norway--1.1% Aker ASA Class A 14,425 973,251 Norske Skogindustrier ASA 36,964 533,211 Orkla ASA 30 569 Storebrand ASA 48,789 760,786 Wilh. Wilhelmsen ASA Class A 5 202 Yara International ASA 28,047 845,254 ------------- Total Norway 3,113,273 ------------- Portugal--1.3% Banco BPI, S.A. 45,977 408,580 Banco Espirito Santo, S.A. 53,748 1,196,273 Brisa-Auto-estradas de Portugal S.A. 57,387 771,165 PT Multimedia - Servicos de Telecomunicacoes e Multimedia, SGPS, S.A. (a) 67,273 1,082,090 Sonae SGPS, S.A. 114,185 323,846 ------------- Total Portugal 3,781,954 ------------- Singapore--1.7% City Developments Ltd. 36,899 417,374 Fraser and Neave Ltd. 122,402 436,164 Kepple Corp. Ltd. 82,000 670,176 SembCorp Industries Ltd. 121,000 450,946 SembCorp Marine Ltd. 123,000 394,063 SIA Engineering Co., Ltd. 49,000 152,499 Singapore Exchange Ltd. 158,000 1,012,390 Singapore Press Holdings Ltd. 202,000 612,822 Singapore Technologies Engineering Ltd. 123,000 289,516 StarHub Ltd. 226,809 453,781 ------------- Total Singapore 4,889,731 ------------- Spain--4.6% Acerinox S.A. (a) 15,039 368,440 Banco de Valencia S.A. (a) 5,176 275,703 Banco Pastor S.A. (a) 11,132 228,221 Bankinter S.A. 5,243 470,174 Bolsas y Mercados Espanoles 12,426 729,175 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree International MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Cementos Portland Valderrivas, S.A. 523 $ 65,266 Cintra, Concesiones de Infraestructuras de Transporte, S.A. (a) 15,918 253,677 Corporacion Mapfre S.A. 182,448 906,771 Ebro Puleva S.A. 34,185 737,312 Enagas 29,120 720,883 Fomento de Construcciones y Contratas S.A. 18,405 1,664,168 Gamesa Corp Tecnologica S.A. 10,350 377,411 Gestevision Telecinco S.A. (a) 79,404 2,256,311 Iberia Lineas Aereas de Espana 70,396 351,771 Indra Sistemas S.A. 27,019 675,804 Metrovacesa S.A. (a) 10,502 1,163,045 Promotora de Informaciones S.A. (a) 12,618 278,113 Red Electrica de Espana 9,369 440,082 Sociedad General de Aguas de Barcelona S.A. Class A 8,219 301,814 Vocento S.A. 15,512 332,891 Zardoya-Otis S.A. (a) 22,991 903,570 ------------- Total Spain 13,500,602 ------------- Sweden--3.8% AB SKF Class B 41,084 865,752 AB Volvo Class A 85 1,748 Alfa Laval AB 8,216 497,235 Assa Abloy AB Class B 39,647 875,944 Atlas Copco AB Class B 15,262 240,375 Boliden AB 24,950 519,397 Electrolux AB Series B 32,864 781,198 Fabege AB 22,139 243,758 Hexagon AB Class B 20,748 400,909 Holmen AB Class B 20,216 856,435 Investment AB Kinnevik Class B 16,431 323,483 Scania AB Class A (a) 23,784 601,780 Scania AB Class B 30,984 759,102 Securitas AB Class B 65,047 1,033,968 Skanska AB Class B 49,295 1,060,347 SSAB Svenskt Stal AB Series A 15,916 655,701 Svenska Cellulosa AB Class B 61,911 1,038,290 Swedish Match AB 16,431 317,492 Tele2 AB Class B 11,347 185,746 ------------- Total Sweden 11,258,660 ------------- Switzerland--1.9% Baloise Holding AG 4,579 452,445 Ciba Specialty Chemicals Holding Inc. 17,412 1,133,002 Givaudan S.A. 492 485,738 Kuehne + Nagel International AG 6,087 560,227 Lonza Group AG 2,321 213,238 Nobel Biocare Holding AG 861 281,356 Panalpina Welttransport (Holding) AG 1,189 251,266 Phonak Holding AG 1,696 152,219 Schindler Holding AG 2,977 200,394 SGS S.A. 696 824,569 Straumann Holding AG 369 103,571 Swatch Group AG (The) 3,303 187,303 Swatch Group AG (The) Class B 829 236,065 Vontobel Holding AG 6,520 374,517 ------------- Total Switzerland 5,455,910 ------------- See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree International MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- United Kingdom--19.0% Admiral Group PLC 31,424 $ 560,492 Alliance & Leicester PLC 103,692 2,300,947 Amlin PLC 226,833 1,277,710 AMVESCAP PLC 129,815 1,683,836 Antofagasta PLC 113,415 1,397,157 Arriva PLC 30,380 420,575 Barratt Developments PLC 20,418 406,789 Bradford & Bingley PLC 107,815 854,983 Bunzl PLC 60,256 840,821 Cable & Wireless PLC 378,920 1,478,677 Capita Group PLC 101,861 1,483,716 Carnival PLC 28,956 1,385,585 Close Brothers Group PLC 46,752 807,625 DSG International PLC 320,820 1,021,515 Emap PLC 16,270 268,654 EMI Group PLC 124,472 669,288 Enterprise Inns PLC 109,578 1,514,778 FirstGroup PLC 4,973 66,650 Friends Provident PLC 72,157 259,432 George Wimpey PLC 35,182 355,054 GKN PLC 153,515 1,226,628 IMI PLC 78,483 937,699 Imperial Chemical Industries PLC 174,592 2,178,818 Intercontinental Hotels Group PLC 47,458 1,184,503 ITV PLC 614,556 1,408,101 Kelda Group PLC 65,209 1,233,091 Kelda Group PLC Class B* 82,708 331,882 Kingfisher PLC 532,054 2,417,854 LogicaCMG PLC 240,512 732,271 Meggitt PLC 68,724 424,684 Michael Page International PLC 23,421 246,936 National Express Group PLC 2,779 59,604 Next PLC 37,215 1,500,045 Northern Rock PLC 61,877 1,077,594 Pennon Group PLC 52,135 644,342 Persimmon PLC 72,728 1,689,727 Premier Foods PLC 21,127 122,714 Provident Financial PLC 31,525 444,332 Rentokil Initial PLC 12,965 41,750 Resolution PLC 38,399 482,281 Rexam PLC 79,782 798,351 Royal & Sun Alliance Insurance Group 61,102 178,371 Sage Group PLC (The) 64,210 302,101 Scottish & Newcastle PLC 196,700 2,527,726 Segro PLC 59,762 749,396 Severn Trent PLC 31,456 872,835 Signet Group PLC 243,094 507,240 Smith & Nephew PLC 55,043 683,595 Smiths Group PLC 66,958 1,591,942 St. James's Place PLC 77,044 660,044 Tate & Lyle PLC 98,201 1,118,119 Taylor Wimpley PLC 29,141 210,920 Tomkins PLC 213,407 1,113,239 Trinity Mirror PLC 71,917 763,297 United Utilities PLC 260,645 3,710,291 Whitbread PLC 42,167 1,496,604 Yell Group PLC 139,508 1,293,845 ------------- Total United Kingdom 56,017,056 ------------- See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(concluded) WisdomTree International MidCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- TOTAL COMMON STOCKS (Cost: $280,570,368) $ 292,662,720 ============= RIGHTS*--0.0% Italy--0.0% Unipol SpA, expiring 7/03/07 (Cost: $0) 192,872 -- ============= TOTAL LONG-TERM INVESTMENTS (Cost: $280,570,360) 292,662,720 ============= SHORT-TERM INVESTMENT--0.2% MONEY MARKET FUND--0.2% United States--0.2% Columbia Cash Reserves Fund, 4.96%(b) (Cost: $679,565) 679,565 679,565 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--11.9% MONEY MARKET FUNDS--11.9%(c) AIM Liquid Assets Portfolio, 5.18% 1,143 1,143 AIM Prime Portfolio, 5.22% 86 86 UBS Enhanced Yield Portfolio, 5.27% 11,626,777 11,626,777 UBS Private Money Market Fund LLC, 5.25% 23,329,429 23,329,429 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $34,957,435)(d) 34,957,435 ============= TOTAL INVESTMENTS IN SECURITIES--111.6% (Cost: $316,207,368)(e) 328,299,720 Liabilities in Excess of Cash, Foreign Currency and Other Assets--(11.6)% (34,034,516) ------------- NET ASSETS--100.0% $ 294,265,204 ------------- * Non-income producing. Security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Rate shown represents annualized 7-day yield as of June 30, 2007. (c) Interest rates shown reflect yields as of June 30, 2007. (d) At June 30, 2007, the total market value of the Fund's securities on loan was $30,762,749 and the total market value of the collateral held by the Fund was $34,957,435. (e) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 9 WisdomTree International MidCap Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Financial 19.4% Industrial 15.2% Consumer Cyclical 14.9% Consumer Non-Cyclical 12.9% Basic Materials 11.9% Communications 10.2% Utilities 7.3% Energy 2.9% Diversified 2.8% Technology 2.0% Other 0.5% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.5% Australia--17.7% A.B.C. Learning Centres Ltd. 44,565 $ 261,638 ABB Grain Ltd. (a) 189,339 1,461,781 Adelaide Bank Ltd. (a) 112,003 1,448,156 Adelaide Brighton Ltd. (a) 553,884 1,724,589 Ansell Ltd. (a) 146,056 1,511,750 APN News & Media Ltd. (a) 378,357 1,877,839 APN/UKA European Retail Trust 714,283 739,317 Austereo Group Ltd. (a) 848,712 1,404,093 Australian Agricultural Co., Ltd. (a) 596,632 1,493,239 Australian Wealth Management Ltd. 463,099 1,045,096 AWB Ltd. (a) 695,356 2,542,641 Bank of Queensland Ltd. (a) 103,558 1,525,226 Bendigo Bank Ltd. (a) 159,616 2,058,357 Cabcharge Australia Ltd. (a) 153,670 1,617,937 Candle Australia Ltd. 149,522 418,620 Coates Hire Ltd. (a) 172,260 849,105 Commander Communications Ltd. 414,043 416,260 Consolidated Rutile Ltd. 1,786,974 993,025 Corporate Express Australia Ltd. (a) 226,130 1,319,919 Crane Group Ltd. (a) 132,974 1,903,192 CSR Ltd. 1,023,853 3,022,858 David Jones Ltd. (a) 570,589 2,696,368 Downer EDI Ltd. 243,678 1,521,580 Flight Centre Ltd. (a) 109,378 1,781,689 Funtastic Ltd. (a) 872,620 1,369,612 Futuris Corp., Ltd. (a) 896,976 2,115,565 Great Southern Ltd. 408,547 1,039,834 Gunns Ltd. 488,269 1,354,589 GWA International Ltd. (a) 550,028 2,062,566 Healthscope Ltd. (a) 87,222 387,016 Hills Industries Ltd. (a) 299,817 1,355,764 Iluka Resources Ltd. 174 909 Infomedia Ltd. (a) 1,222,124 642,847 Iress Market Technology Ltd. (a) 218,470 1,712,634 JB Hi-Fi Ltd. (a) 149,431 1,371,730 John FairFax Holdings Ltd. 108,510 432,682 Jubilee Mines NL (a) 176,344 2,386,284 Just Group Ltd. (a) 400,915 1,496,600 MacArthur Coal Ltd. (a) 201,333 1,156,390 Mariner Financial Ltd. 487,947 318,760 MaxiTRANS Industries Ltd. 210,952 112,752 MFS Ltd. (a) 321,220 1,580,634 Mincor Resources NL (a) 360,109 1,435,928 Monadelphous Group Ltd. 88,663 1,095,980 Nufarm Ltd. (a) 135,113 1,587,624 Over Fifty Group Ltd. 259,332 488,438 Pacific Brands Ltd. 758,614 2,220,448 PaperlinX Ltd. (a) 442,035 1,395,084 Peet & Co., Ltd. (a) 282,012 985,747 Perilya Ltd. 257,349 954,124 Port Bouvard Ltd. 40,103 76,553 Primary Health Care Ltd. (a) 70,181 756,178 Ramsay Health Care Ltd. (a) 139,981 1,331,299 Ridley Corp., Ltd. (a) 461,511 454,193 Sedgman Ltd. 523,595 1,425,940 Seek Ltd. (a) 276,134 1,728,928 Seven Network Ltd. (a) 166,254 1,629,127 Sigma Pharmaceuticals Ltd. (a) 1,056,942 1,901,025 Smorgon Steel Group Ltd. (a) 1,245,535 2,831,988 Southern Cross Broadcasting Australia Ltd. (a) 124,583 1,691,140 Spotless Group Ltd. (a) 284,896 1,172,273 STW Communications Group Ltd. (a) 475,534 1,194,192 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Sunland Group Ltd. (a) 229,021 $ 792,750 Symbion Health Ltd. 539,247 1,866,589 Ten Network Holdings Ltd. (a) 584,048 1,342,822 Transfield Services Ltd. (a) 142,971 1,347,606 United Group Ltd. (a) 142,933 2,019,052 Washington H. Soul Pattinson & Co., Ltd. (a) 219,992 1,883,209 West Australian Newspapers Holdings Ltd. (a) 221,774 2,577,697 ------------- Total Australia 94,717,377 ------------- Austria--0.3% AT&S Austria Technologie & Systemtechnik AG 7,007 176,017 Flughafen Wien AG 11,014 1,087,657 Schoeller-Bleckmann Oilfield Equipment AG 2,395 167,001 Semperit AG Holding 9,186 394,516 ------------- Total Austria 1,825,191 ------------- Belgium--1.5% Barco N.V. 10,514 975,234 Cofinimmo 4,238 807,318 Cumerio N.V. 13,685 563,710 Econocom Group S.A./N.V. (a) 29,330 356,109 Euronav N.V. 81,686 2,975,359 EVS Broadcast Equipment S.A. 5,782 476,420 Melexis N.V. 23,783 429,446 Omega Pharma S.A. 3,220 279,322 Tessenderlo Chemie N.V. 20,783 1,274,028 ------------- Total Belgium 8,136,946 ------------- Denmark--0.6% A/S Dampskibsselskabat TORM 44 1,649 Amagerbanken A/S 1,875 119,608 Auriga Industries A/S Class B (a) 7,502 240,981 Bang & Olufsen A/S Class B (a) 3,700 442,507 FLSmidth & Co. A/S 7 551 Harboes Bryggeri A/S 12,650 492,437 NKT Holding A/S 9,277 924,299 Rella Holding A/S 25,100 482,850 Spar Nord Bank A/S 14,757 357,530 ------------- Total Denmark 3,062,412 ------------- Finland--2.9% Ahlstrom Oyj 51 1,498 Alma Media 234 3,445 Amer Sports Oyj (a) 31,098 769,009 Aspo Oyj 58,380 536,935 Citycon Oyj 77,967 502,273 Elcoteq SE (a) 90,536 764,209 Elektrobit Corp. (a) 238,663 605,974 Finnair Oyj 31,098 552,292 HK Ruokatalo Oyj Class A 19,454 511,284 KCI Konecranes Oyj 23,333 980,350 Kemira GrowHow Oyj (a) 70,196 1,129,106 Lassila & Tikanoja Oyj 15,548 527,059 M-real Oyj Class B 139,068 910,919 Orion Oyj Class B 135,953 3,404,153 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Poyry Oyj 38,950 $ 865,335 Stockmann Oyj Abp Class B 15,548 661,448 Talentum Oyj 264,100 1,298,316 Technopolis PLC 46,815 440,053 Tietoenator Oyj 35,322 1,140,129 ------------- Total Finland 15,603,787 ------------- France--1.5% April Group 6,823 359,838 Bacou-Dalloz S.A. 2,320 353,089 Canal Plus S.A. 129,177 1,378,234 CFF RECYCLING 1,270 94,250 Groupe Steria SCA 4,986 332,180 Haulotte Group 10,184 424,999 Havas S.A. 176,006 998,361 Kaufman & Broad S.A. 6,157 476,552 Manitou BF S.A. 15,070 960,652 NRJ Group 44,579 769,435 Ste Industrielle d'Aviation Latecoere S.A. (a) 39,454 1,327,852 Trigano S.A. 5,136 304,162 ------------- Total France 7,779,604 ------------- Germany--3.7% AWD Holding AG 44,857 1,913,168 Beate Uhse AG 92,106 440,354 Bechtle AG 12,661 465,272 Comdirect Bank AG (a) 129,754 1,783,936 DAB Bank AG 33,950 370,478 Deutsche Wohnen AG 28,937 1,498,751 Douglas Holding AG 16,380 1,066,945 ElringKlinger AG 5,932 541,174 Gerry Weber International AG 13,870 419,600 IDS Scheer AG 14,842 353,992 Indus Holding AG 11,596 476,094 Krones AG 2,320 540,177 Leoni AG 8,736 407,045 Lloyd Fonds AG 24,861 569,114 MLP AG 51,089 984,605 MPC Muenchmeyer Petersen Capital AG 17,636 1,806,618 MVV Energie AG 30,745 1,295,092 Norddeutsche Affinerie AG 27,687 1,223,489 Praktiker Bau- und Heimwerkermaerkte AG 23,324 945,007 Sixt AG (a) 5,857 358,964 Software AG 8,169 798,212 Takkt AG 18,686 332,868 Techem AG 19,103 1,333,321 ------------- Total Germany 19,924,276 ------------- Hong Kong--3.9% Beijing Enterprises Holdings Ltd. (a) 172,074 653,705 Champion REIT 347,000 198,846 China Power International Development Ltd. 2,550,622 1,393,105 China Travel International Investment Hong Kong Ltd. 1,533 804 Chong Hing Bank Ltd. (a) 225,110 513,112 CITIC International Financial Holdings Ltd. 986 832 Cross-Harbour Holdings Ltd. 225,189 236,195 Dah Sing Banking Group Ltd. 798,503 1,766,984 Dah Sing Financial Holdings Ltd. 184,010 1,552,266 Fountain Set (Holdings) Ltd. 750,364 288,901 Fubon Bank Ltd. 900,432 511,380 Guangzhou Investment Co., Ltd. (a) 4,172,585 1,062,107 GZI Real Estate Investment Trust 1,768,302 696,654 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Hon Kwok Land Investment Co., Ltd. 684,000 $ 292,222 Hong Kong Aircraft Engineering Co. Ltd. (a) 119,229 1,813,317 Hongkong & Shanghai Hotels Ltd. (The) 30,642 54,167 Hung Hing Printing Group Ltd. 290 165 i-CABLE Communications Ltd. 654 139 Industrial & Commercial Bank of China Ltd. (a) 731,364 1,554,800 Matsunichi Communication Holdings Ltd. 708,000 466,391 Next Media Ltd. 4,164,000 1,422,106 Oriental Press Group Ltd. (a) 4,181,017 812,897 Prosperity Real Estate Investment Trust 2,856,550 577,310 Raymond Industrial Ltd. 1,322,481 272,349 Shanghai Industrial Holdings Ltd. 248 952 Shaw Brothers (Hong Kong) Ltd. 225,110 529,237 Singamas Container Holdings Ltd. (a) 300,142 201,556 Sun Hung Kai & Co., Ltd. (a) 1,172,189 1,091,538 Tianjin Development Holdings Ltd. 312,074 339,701 Vitasoy International Holdings Ltd. 750,364 345,529 Wing Lung Bank Ltd. 222,866 2,257,766 ------------- Total Hong Kong 20,907,033 ------------- Ireland--0.8% Abbey PLC 14,289 196,381 FBD Holdings PLC 12,943 554,995 FBD Holdings PLC Redemption Shares 12,430 83,937 Fyffes PLC 273,901 325,527 Glanbia PLC 109,607 529,947 Greencore Group PLC 111,591 840,958 McInerney Holdings PLC 49,181 156,892 Paddy Power PLC 49,335 1,535,807 United Drug PLC 48,513 262,315 ------------- Total Ireland 4,486,759 ------------- Italy--4.0% AcegasAps SpA 51,621 628,497 Amplifon SpA 52,699 439,135 Arnoldo Mondadori Editore SpA 193,372 1,893,399 Astaldi SpA 64,602 578,020 Autostrada Torino-Milano SpA (a) 46,892 1,134,240 Azimut Holding SpA 39,104 670,711 Banca Intermobiliare SpA 68,879 692,103 Banca Popolare dell'Etruria e del Lazio 21,766 450,936 Banco di Desio e della Brianza SpA 49,037 569,552 Brembo SpA 38,800 553,358 Caltagirone SpA 35,673 428,063 Cementir 59,226 842,270 COFIDE - Compagnia Finanziaria De Benedetti SpA 296,463 520,505 Credito Artigiano SpA 122,106 663,764 Cremonini SpA 313,986 1,047,413 Ergo Previdenza SpA 105,727 657,189 Fiera Milano SpA 47,584 513,474 Gewiss SpA 49,424 418,520 GranitiFiandre SpA 15,457 196,021 Gruppo Editoriale L'Espresso SpA (a) 294,171 1,557,387 Monrif SpA 158,386 250,059 Navigazione Montanari SpA 100,258 535,182 Panariagroup Industrie Ceramiche SpA 54,818 538,971 Piccolo Credito Valtellinese Scarl (a) 49,657 757,826 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Premafin Finanziaria SpA Holding Di Partecipazioni 151,812 $ 507,449 Premuda SpA 328,602 682,998 Recordati SpA 133,407 1,113,468 Risanamento SpA (a) 141,110 1,039,593 Societa Iniziative Autostradali e Servizi SpA (a) 74,936 1,219,518 SOGEFI SpA 59,981 586,493 ------------- Total Italy 21,686,114 ------------- Japan--22.3% ABC-Mart, Inc. 45,500 1,038,989 ADEKA Corp. 37,500 397,486 Aica Kogyo Co., Ltd. 6,000 68,602 Aichi Steel Corp. (a) 75,000 411,150 Air Water, Inc. 117,000 1,224,997 Alpen Co., Ltd. 32,100 544,552 Alpine Electronics, Inc. 30,000 458,885 AOC Holdings, Inc. 30,000 422,446 Arisawa Manufacturing Co., Ltd. (a) 128,700 1,114,056 Asatsu-DK, Inc. 15,000 506,498 Awa Bank Ltd. (The) 75,000 378,963 Bank of Nagoya Ltd. (The) 79,000 515,600 Best Denki Co., Ltd. 59,000 357,359 Bosch Corp. 208,000 1,029,094 Calsonic Kansei Corp. 152,000 624,025 Canon Electronics, Inc. 14,300 464,335 Cawachi Ltd. 2,900 85,712 Central Glass Co., Ltd. 75,000 418,438 Chuetsu Pulp & Paper Co., Ltd. 527,000 1,156,460 Chukyo Bank Ltd. (The) 163,000 485,720 Circle K Sunkus Co., Ltd. 22,500 391,716 Coca-Cola West Japan Co., Ltd. 22,500 521,985 COMSYS Holdings Corp. 75,000 866,634 Daifuku Co., Ltd. 82,500 1,136,342 Daikoku Denki Co., Ltd. 46,100 750,322 Daio Paper Corp. 110,000 857,768 Daisan Bank Ltd. (The) 154,000 492,571 Daishi Bank Ltd. (The) 75,000 326,127 Disco Corp. 7,500 433,621 Ebara Corp. (a) 253,000 1,159,545 Ehime Bank Ltd. (The) 152,000 497,251 Eighteenth Bank Ltd. (The) 126,000 525,446 Exedy Corp. 15,000 408,114 Ezaki Glico Co., Ltd. (a) 75,000 815,013 FCC Co., Ltd. 15,700 322,276 Fuji Fire & Marine Insurance Co., Ltd. (The) 212,000 846,318 Futaba Industrial Co., Ltd. (a) 22,500 542,937 Gigas K's Denki Corp. 15,000 417,831 Gun-Ei Chemical Industry Co., Ltd. 182,000 468,651 Gunze Ltd. 75,000 437,265 Hankyu Department Stores, Inc. 75,000 796,793 Hanwa Co., Ltd. 68,000 334,783 Heiwa Corp. 30,000 367,788 Higo Bank Ltd. (The) 75,000 515,608 Hikari Tsushin, Inc. 20,400 855,678 Hitachi Cable Ltd. 75,000 438,479 Hitachi Koki Co., Ltd. 86,300 1,474,497 Hitachi Kokusai Electric, Inc. 61,000 750,800 Hitachi Maxell Ltd. 37,500 436,961 Hitachi Software Engineering Co., Ltd. 28,800 643,654 Hitachi Transport System Ltd. 45,000 496,660 Hokkoku Bank Ltd. (The) 75,000 332,807 Hokuetsu Paper Mills Ltd. (a) 78,000 425,701 HORIBA Ltd. 15,000 613,385 House Foods Corp. 31,600 484,382 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Hyakugo Bank Ltd. (The) 75,000 $ 507,713 Hyakujushi Bank Ltd. (The) 75,000 416,616 Iida Home Max Co., Ltd. (a) 21,100 344,277 Iino Kaiun Kaisha Ltd. 44,600 528,721 Itochu Enex Co., Ltd. 24,000 198,227 Izumiya Co., Ltd. 68,000 495,016 Japan Airport Terminal Co., Ltd. (a) 36,500 573,088 Japan Foundation Engineering Co., Ltd. 84,000 263,233 Kagome Co., Ltd. (a) 36,900 581,460 Kagoshima Bank Ltd. (The) 75,000 565,408 Kamei Corp. 71,000 451,314 Kandenko Co., Ltd. 75,000 422,689 Kansai Paint Co., Ltd. 104,000 908,668 Kanto Natural Gas Development Ltd. 70,000 476,699 Kasumi Co., Ltd. 96,000 516,167 Kato Sangyo Co., Ltd. 38,700 500,457 Katokichi Co., Ltd. 52,500 312,037 Kayaba Industry Co., Ltd. (a) 85,000 409,531 Keihin Corp. 22,500 432,710 Keisei Electric Railway Co., Ltd. 75,000 438,479 Keiyo Bank Ltd. (The) 75,000 436,657 Kintetsu World Express, Inc. 16,000 541,560 Kobayashi Pharmaceutical Co., Ltd. 15,000 499,210 Koei Co., Ltd. (a) 66,700 1,085,607 Koito Manufacturing Co., Ltd. 77,000 930,896 Kojima Co., Ltd. 55,800 553,504 Kokuyo Co., Ltd. 47,500 556,176 Komeri Co., Ltd. 15,000 398,397 Komori Corp. 14,000 327,625 Konaka Co., Ltd. 54,800 520,066 Kyodo Printing Co., Ltd. 135,000 479,898 Kyowa Exeo Corp. 75,000 869,064 Lion Corp. (a) 78,000 422,543 Maeda Corp. 109,000 482,797 Makino Milling Machine Co., Ltd. 75,000 1,068,869 Maruzen Showa Unyu Co., Ltd. 142,000 471,436 Matsui Securities Co., Ltd. 142,300 1,270,958 Matsumotokiyoshi Co., Ltd. 21,700 475,311 Meiji Dairies Corp. 75,000 476,740 Meiji Seika Kaisha Ltd. (a) 75,000 341,917 Meitec Corp. (a) 15,000 428,762 Michinoku Bank Ltd. (The) 146,000 475,258 Mie Bank Ltd. (The) 97,000 486,983 Minebea Co., Ltd. 156,000 880,457 MISUMI Group, Inc. (a) 30,000 507,713 Mitsuuroko Co., Ltd. 76,000 512,636 Miyazaki Bank Ltd. (The) 110,000 472,975 Mochida Pharmaceutical Co., Ltd. 70,000 659,217 Morinaga Milk Industry Co., Ltd. 138,000 554,257 Musashino Bank Ltd. (The) 7,500 364,387 Nabtesco Corp. 75,000 1,092,554 Nachi-Fujikoshi Corp. (a) 75,000 384,429 Nagase & Co., Ltd. 75,000 1,000,243 NEC Fielding Ltd. (a) 24,000 303,365 Nichiha Corp. 12,000 149,836 Nichirei Corp. 75,000 385,643 Nidec Sankyo Corp. 13,000 92,741 Nifco, Inc. 21,400 467,007 Nihon Kohden Corp. 7,700 142,471 Nihon Yamamura Glass Co., Ltd. 181,000 466,076 Nippon Chemical Industrial Co., Ltd. 172,000 472,149 Nippon Kayaku Co., Ltd. 162,000 1,280,311 Nippon Light Metal Co., Ltd. 150,000 391,109 Nippon Paint Co., Ltd. 75,000 381,392 Nippon Parking Development Co., Ltd. 8,466 609,440 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Nippon Shinyaku Co., Ltd. 57,000 $ 523,867 Nippon Suisan Kaisha Ltd. 90,000 575,003 Nipro Corp. 8,000 164,217 Nishimatsuya Chain Co., Ltd. 30,000 508,927 Nishi-Nippon Railroad Co., Ltd. 150,000 544,152 Nissan Shatai Co., Ltd. 137,000 803,174 Nissin Kogyo Co., Ltd. 22,000 611,037 NS Solutions Corp. 15,200 439,402 Obic Co., Ltd. 2,250 443,641 Ogaki Kyoritsu Bank Ltd. (The) 75,000 375,926 Oita Bank Ltd. (The) 74,000 485,963 Okamura Corp. 69,000 683,882 Okasan Holdings, Inc. 157,000 1,041,200 OKUMA Holdings Corp. 57,000 900,498 Okumura Corp. (a) 75,000 383,214 OMC Card, Inc. 126,500 919,851 Onward Kashiyama Co., Ltd. 72,000 917,090 OSG Corp. (a) 30,000 412,486 PanaHome Corp. (a) 75,000 460,950 Paramount Bed Co., Ltd. 9,300 142,631 Paris Miki, Inc. (a) 22,500 304,081 Point, Inc. (a) 7,500 443,945 QP Corp. 52,500 503,340 Rengo Co., Ltd. 160,000 787,724 Riken Corp. 105,000 557,755 Ryobi Ltd. 77,000 513,770 Ryoden Trading Co., Ltd. 65,000 515,284 Ryosan Co., Ltd. 24,900 612,948 Ryoyo Electro Corp. 37,800 551,872 Sagami Railway Co., Ltd. 150,000 493,137 Saibu Gas Co., Ltd. 149,000 326,969 Sakata INX Corp. 86,000 477,023 San-In Godo Bank Ltd. (The) 75,000 714,806 Sankyo Seiko Co., Ltd. 106,000 476,376 Sankyu, Inc. (a) 75,000 366,816 Sanwa Shutter Corp. 75,000 433,621 Sanyo Chemical Industries Ltd. 45,000 298,798 Sanyo Shokai Ltd. 123,000 1,056,747 Sanyo Special Steel Co., Ltd. 147,000 1,074,869 Sato Shoji Corp. 57,000 523,867 Seikagaku Corp. 43,300 502,791 Sekisui Plastics Co., Ltd. 142,000 486,384 Shiga Bank Ltd. (The) 75,000 512,571 Shimachu Co., Ltd. 15,000 403,255 Shindengen Electric Manufacturing Co., Ltd. 18,000 86,578 Shinkawa Ltd. 23,100 484,465 Shonai Bank Ltd. (The) 165,000 466,294 Showa Corp. 30,000 398,883 Sohgo Security Services Co., Ltd. 22,500 393,538 SSP Co., Ltd. (a) 150,000 727,560 Starzen Co., Ltd. 199,000 467,306 Sumida Corp. 32,200 469,591 Sumitomo Osaka Cement Co., Ltd. 150,000 397,182 Sumitomo Real Estate Sales Co., Ltd. (a) 5,424 424,275 Sumitomo Warehouse Co., Ltd. (The) 75,000 516,823 Sundrug Co., Ltd. (a) 22,500 490,101 Sysmex Corp. 15,000 552,654 Tadano Ltd. 70,000 1,042,390 Taiyo Yuden Co., Ltd. 14,000 323,657 Takagi Securities Co., Ltd. 26,000 105,899 Takara Holdings, Inc. (a) 75,000 499,210 TIS, Inc. (a) 22,600 517,900 Toa Corp. 63,000 487,696 Toda Corp. 147,000 780,858 Toho Pharmaceutical Co., Ltd. 29,900 499,968 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Toho Zinc Co., Ltd. 13,000 $ 119,163 Tokai Carbon Co., Ltd. 75,000 701,445 Tokai Rubber Industries, Inc. 30,000 500,425 Tokai Tokyo Securities Co., Ltd. 234,000 1,335,844 Tokyo Style Co., Ltd. 75,000 846,593 Tokyo Tomin Bank Ltd. (The) (a) 15,000 500,425 Tokyu Store Chain Co., Ltd. 90,000 469,331 Toppan Forms Co., Ltd. 36,600 440,700 Tori Holdings Co., Ltd. 2,114,000 479,307 Toshiba Machine Co., Ltd. 75,000 695,372 Toshiba TEC Corp. 75,000 444,552 Touei Housing Corp. 38,600 532,608 Toyo Ink Manufacturing Co., Ltd. 75,000 285,437 Toyo Suisan Kaisha Ltd. 62,000 1,114,539 Toyobo Co., Ltd. 150,000 428,762 Toyota Auto Body Co., Ltd. 30,000 496,781 Trans Cosmos, Inc. 42,900 821,560 Tsubakimoto Chain Co. 75,000 539,900 ULVAC, Inc. (a) 15,000 538,078 Uniden Corp. 70,000 511,276 Union Tool Co. (a) 7,500 276,327 Valor Co., Ltd. 23,000 261,671 Xebio Co., Ltd. 15,000 400,826 Yamatake Corp. (a) 22,500 685,048 Yamato Kogyo Co., Ltd. 22,500 890,927 Yamazaki Baking Co., Ltd. 75,000 638,892 Yokohama Reito Co., Ltd. 68,000 495,016 Yokohama Rubber Co., Ltd. (The) 143,000 1,074,570 Yurtec Corp. 92,000 509,559 ZERIA Pharmaceutical Co., Ltd. 55,000 475,647 ------------- Total Japan 119,321,497 ------------- Netherlands--2.0% Arcadis N.V. 8,244 701,438 Beter Bed Holding N.V. 532 18,005 CSM N.V. 8,744 309,992 Heijmans N.V. 13,221 781,362 Imtech N.V. 11,132 966,106 Koninklijke Wessanen N.V. 70,256 1,168,025 Macintosh Retail Group N.V. 11,659 519,620 Nutreco Holding N.V. 22,126 1,618,125 OCE N.V. 61,932 1,207,794 Smit Internationale N.V. 10,118 793,929 Stork N.V. 14,819 960,663 Ten Cate N.V. 9,714 372,455 Univar N.V. 9,036 478,380 Wegener N.V. 32,024 843,375 ------------- Total Netherlands 10,739,269 ------------- New Zealand--3.8% Air New Zealand Ltd. 938,922 1,914,961 Auckland International Airport Ltd. 1,077,917 2,731,403 CanWest MediaWorks (NZ) Ltd. 443,934 799,099 Fisher & Paykel Appliances Holdings Ltd. 271,688 730,426 Fisher & Paykel Healthcare Corp. 286,356 745,526 Freightways Ltd. 151,081 458,700 Hallenstein Glasson Holdings Ltd. 93,877 337,240 Infratil Ltd. 278,439 686,194 Mainfreight Ltd. 103,933 594,171 New Zealand Refining Co., Ltd. (The) 415,906 2,409,811 Nuplex Industries Ltd. 86,999 482,575 PGG Wrightson Ltd. 270,888 359,952 Port of Tauranga Ltd. 112,543 612,093 See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(continued) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Pumpkin Patch Ltd. 137,578 $ 356,058 Sanford Ltd. 110,455 366,928 Sky City Entertainment Group Ltd. 431,421 1,693,134 Trustpower Ltd. 73,199 475,019 Vector Ltd. 1,232,164 2,589,189 Warehouse Group Ltd. (The) 458,984 2,152,349 ------------- Total New Zealand 20,494,828 ------------- Norway--2.6% ABG Sundal Collier ASA 835,222 2,177,727 Acta Holding ASA 528,063 2,771,585 Aker Yards ASA 110,255 1,922,721 BW Gas ASA 44,500 582,022 Camillo Eitzen & Co. ASA 22,659 234,019 EDB Business Partner ASA 30,000 274,281 Ekornes ASA 37,265 848,602 Expert ASA 15,007 403,991 Hafslund ASA Class B 15,007 392,557 ProSafe ASA 10 160 Schibsted ASA 8 366 Solstad Offshore ASA 7 188 Sparebanken 1 SR Bank 29,055 809,222 Sparebanken Midt-Norge 73,024 865,455 Sparebanken Nord-Norge 27,389 651,528 Tomra Systems ASA (a) 27,410 239,928 Veidekke ASA 160,990 1,703,569 ------------- Total Norway 13,877,921 ------------- Portugal--0.9% Banif SGPS S.A. 131,070 1,076,261 Corticeira Amorim-Industria S.A. 53,737 145,875 Finibanco Holding, SGPS, S.A. 43,052 284,905 Mota-Engil, SGPS, S.A. 81,430 780,825 SAG Gest-Solucoes Automovel Globais, SGPS, S.A. 210,907 529,803 Semapa-Sociedade de Investimento e Gestao, SGPS, S.A. 103,916 1,872,186 ------------- Total Portugal 4,689,855 ------------- Singapore--4.7% Ascott Group Ltd. (The) 158,000 189,048 Cerebos Pacific Ltd. 208,000 549,426 China Merchants Holdings Pacific Ltd. 537,000 321,263 Creative Technology Ltd. (a) 146,000 735,035 CSE Global Ltd. 103,000 84,181 Guocoland Ltd. (a) 416,458 1,323,342 Hotel Properties Ltd. 298,000 1,169,048 HTL International Holdings Ltd. 930,000 553,336 Jardine Cycle & Carriage Ltd. 900 9,239 Jaya Holdings Ltd. 1,712,000 1,958,874 Keppel Land Ltd. 880 5,034 Keppel Telecommunications & Transportation Ltd. 238,538 514,679 Kim Eng Holdings Ltd. 3,000 4,021 Labroy Marine Ltd. 776,000 1,334,388 MobileOne Ltd. 1,237,800 1,780,483 OSIM International Ltd. 924,000 428,939 Parkway Holdings Ltd. 667,000 1,744,418 Raffles Education Corp., Ltd. 899,000 1,340,168 Singapore Airport Terminal Services Ltd. (a) 938,000 1,901,205 Singapore Petroleum Co., Ltd. 514,000 1,932,394 Singapore Post Ltd. 2,362,000 1,961,319 Singapore Reinsurance Corp., Ltd. 747,000 178,270 Singapore Shipping Corp., Ltd. 178,000 62,846 SMRT Corp. Ltd. 1,825,000 2,350,682 See Notes to Schedule of Investments. 9 Schedule of Investments (unaudited)(continued) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Straits Trading Co., Ltd. 293,000 $ 881,232 UOB-Kay Hian Holdings Ltd. 735,000 1,038,020 WBL Corp., Ltd. 225,000 732,616 ------------- Total Singapore 25,083,506 ------------- Spain--0.6% Campofrio Alimentacion S.A. 35,684 708,438 Europistas, Concesionaria Espanola S.A. 46,329 484,289 Grupo Duro Felguera S.A. 29,962 317,652 Grupo Empresarial Ence S.A. (a) 60,788 708,499 Prosegur Cia de Seguridad S.A. 18,168 696,354 Tubacex S.A. 16,457 138,913 Tubos Reunidos, S.A. 11,368 288,791 ------------- Total Spain 3,342,936 ------------- Sweden--4.7% Aarhuskarlshamn AB 1,200 29,750 Axfood AB 57,066 2,022,259 Brostrom AB Class B 89,500 949,531 Cardo AB 15,007 655,457 Clas Ohlson AB Class B (a) 30,010 667,404 D. Carnegie & Co. AB (a) 138,331 2,425,816 Eniro AB 173,432 2,206,722 Fabege AB 92 1,013 Hakon Invest AB 72,000 1,325,614 Haldex AB 33,200 757,715 Hoganas AB Class B 22,509 667,996 Intrum Justitia AB 59,029 787,662 Invik & Co. AB (a) 36,400 1,231,523 JM AB 5 152 Kungsleden Fastighets AB 288,230 3,604,347 L E Lundbergforetagen AB Class B 11,257 824,099 Meda AB Class A 20 316 NCC AB Class B 61,510 1,663,960 Nibe Industrier AB Class B (a) 60,029 1,203,696 Nobia AB 67,527 841,970 Peab AB 10 312 Ratos AB Class B 32 1,020 SSAB Svenskt Stal AB Series B 36,222 1,383,971 Trelleborg AB Class B 74,622 2,062,193 ------------- Total Sweden 25,314,498 ------------- Switzerland--0.5% Bellevue Group AG 14,064 1,101,619 Kudelski S.A. 8,185 287,170 Rieter Holding AG 2,265 1,183,692 Swiss Steel AG 3,362 294,888 ------------- Total Switzerland 2,867,369 ------------- United Kingdom--20.5% Aberdeen Asset Management PLC 490,666 1,929,516 Aero Inventory PLC 21,991 209,909 Alphameric PLC 340,764 280,313 ATH Resources PLC 69,689 284,814 Atkins WS PLC 67,130 1,376,492 Avon Rubber PLC 130,242 466,440 Babcock International Group PLC 158,716 1,719,574 BBA Aviation PLC 75,010 410,478 Blacks Leisure Group PLC 132,457 829,155 Bloomsbury Publishing PLC 132,363 525,821 Bodycote International PLC 257,420 1,412,557 See Notes to Schedule of Investments. 10 Schedule of Investments (unaudited)(continued) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Bovis Homes Group PLC 111,297 $ 1,994,074 Brit Insurance Holdings PLC 432,837 2,989,542 Britvic PLC 82,971 644,650 Burren Energy PLC 85,124 1,395,341 Capital & Regional PLC 64,743 1,510,702 Carillion PLC 213,435 1,725,746 Carpetright PLC 91,174 2,067,073 Centaur Media PLC 181,571 484,512 Charles Taylor Consulting PLC 69,010 539,294 Communisis PLC 63,650 84,604 Cranswick PLC 69,171 1,178,252 Croda International PLC 138,284 1,767,330 Dairy Crest Group PLC 117,247 1,600,797 Davis Service Group PLC 141,247 1,764,107 Dawnay Day Treveria PLC 184,548 279,150 Dawson Holdings PLC 261,720 553,982 De La Rue PLC 119,483 1,867,454 Devro PLC 254,254 571,337 Domestic & General Group PLC 8,730 238,210 DS Smith PLC 492,095 2,290,568 Electrocomponents PLC 692,284 3,680,752 Euromoney Institutional Investor PLC 109,407 1,437,781 F&C Asset Management PLC 606,802 2,243,163 Filtrona PLC 213,060 1,114,635 Findel PLC 114,263 1,656,341 FKI PLC 576,120 1,462,210 Forth Ports PLC 37,466 1,386,884 GCAP Media PLC 194,965 760,821 Go-Ahead Group PLC 36,759 1,932,285 Greggs PLC 15,278 1,502,609 Halfords Group PLC 215,328 1,678,409 Halma PLC 347,584 1,678,929 HMV Group PLC 757,449 1,812,250 Homeserve PLC 42,767 1,541,067 IG Group Holdings PLC 264,558 1,569,828 Intermediate Capital Group PLC 52,004 1,623,501 Interserve PLC 73,724 702,601 J D Wetherspoon PLC 38,456 428,602 Jardine Lloyd Thompson Group PLC 306,754 2,555,678 Johnson Service Group PLC 70,087 485,135 Kensington Group PLC 24,261 223,301 Kier Group PLC 33,235 1,368,294 Laird Group PLC 143,666 1,575,253 London Scottish Bank PLC 263,895 529,465 Metalrax Group PLC 243,648 354,411 Misys PLC 458,945 2,159,283 Mitie Group PLC 299,047 1,583,980 MJ Gleeson Group PLC 62,908 508,332 N Brown Group PLC 270,035 1,652,442 Northern Foods PLC 606,422 1,447,865 Northgate PLC 64,193 1,322,709 Pendragon PLC 854,106 1,353,771 Premier Farnell PLC 490,531 1,968,352 PZ Cussons PLC 377,532 1,234,661 Rank Group PLC 339,221 1,267,609 Redrow PLC 143,498 1,469,765 Renishaw PLC 72,218 868,642 Restaurant Group PLC 226,576 1,500,148 Rotork PLC 86,731 1,588,735 Savills PLC 118,670 1,409,513 Spectris PLC 103,553 1,882,336 Spirax-Sarco Engineering PLC 74,711 1,504,959 SSL International PLC 186,909 1,637,832 Stagecoach Group PLC 639,617 2,345,220 T. Clarke PLC 113,242 483,942 See Notes to Schedule of Investments. 11 Schedule of Investments (unaudited)(concluded) WisdomTree International SmallCap Dividend Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Taylor Nelson Sofres PLC 274,557 $ 1,305,531 Topps Tiles PLC 217,954 995,932 Ultra Electronics Holdings PLC 66,210 1,438,661 Unite Group PLC 136,311 1,100,786 UTV PLC 66,402 532,902 Vantis PLC 71,445 298,155 Victrex PLC 84,790 1,218,897 VT Group PLC 134,322 1,584,641 Wagon PLC 334,938 567,842 Woolworths Group PLC 1,947,524 1,045,232 ------------- Total United Kingdom 109,574,674 ------------- TOTAL COMMON STOCKS (Cost: $514,494,301) 533,435,852 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--17.0% MONEY MARKET FUNDS(b)--17.0% UBS Enhanced Yield Portfolio, 5.27% 22,383,650 22,383,650 UBS Private Money Market Fund LLC, 5.25% 68,885,603 68,885,603 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $91,269,253)(c) 91,269,253 ============= TOTAL INVESTMENTS IN SECURITIES--116.5% (Cost: $605,763,554)(d) 624,705,105 Liabilities in Excess of Cash, Foreign Currency and Other Assets--(16.5)% (88,480,378) ------------- NET ASSETS--100.0% $ 536,224,727 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $80,655,679 and the total market value of the collateral held by the Fund was $91,269,253. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 12 WisdomTree International SmallCap Dividend Fund Sector Breakdown* % of the Fund's Net Assets as of 6/30/07+ Industrial 24.9% Financial 17.8% Consumer Non-Cyclical 17.6% Consumer Cyclical 16.3% Communications 8.5% Basic Materials 7.6% Technology 2.2% Diversified 1.7% Energy 1.6% Utilities 1.3% Other 0.5% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree International Real Estate Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.2% Australia--34.0% Abacus Property Group 50,144 $ 84,234 ALE Property Group 10,658 40,238 APN/UKA European Retail Trust 49,664 51,405 Aspen Group 21,472 46,635 Australand Property Group 97,886 176,889 Babcock & Brown Japan Property Trust 46,246 69,446 Bunnings Warehouse Property Trust 22,102 43,316 Centro Properties Group 54,448 392,646 Centro Retail Group 116,464 167,480 Centro Shopping America Trust 118,364 121,006 CFS Retail Property Trust 170,392 310,805 Charter Hall Group 19,652 47,351 Commonwealth Property Office Fund 157,860 224,330 DB RREEF Trust 285,026 475,169 FKP Property Group 17,772 110,068 Goodman Group 116,068 661,733 GPT Group 183,284 724,622 ING Industrial Fund 104,882 208,218 ING Office Fund 108,154 160,576 ING Real Estate Community Living Group 61,474 70,148 Investa Property Group 135,926 336,733 Lend Lease Corp. Ltd. 22,018 346,329 Macquarie CountryWide Trust 131,212 224,867 Macquarie DDR Trust 100,030 106,506 Macquarie Leisure Trust Group 16,092 45,053 Macquarie Office Trust 231,916 328,585 Macquarie ProLogis Trust 115,330 139,920 Mirvac Group 92,524 447,435 Mirvac Industrial Trust 46,436 40,775 Multiplex Group 76,408 318,937 Reckson New York Property Trust 57,208 56,544 Rubicon America Trust 76,916 72,107 Rubicon Europe Trust Group 81,070 68,780 Stockland 108,472 750,025 Sunland Group Ltd. 25,092 86,855 Tishman Speyer Office Fund 22,546 45,333 Valad Property Group 36,736 61,866 Westfield Group 143,172 2,424,484 ------------- Total Australia 10,087,449 ------------- Belgium--0.4% Cofinimmo 630 120,012 ------------- Bermuda--3.6% Chinese Estates Holdings Ltd. 74,720 117,558 Great Eagle Holdings Ltd. 10,002 35,055 Hongkong Land Holdings Ltd. 80,664 362,988 Hopson Development Holdings Ltd. 40,386 113,390 K Wah International Holdings Ltd. 50,412 19,732 Kerry Properties Ltd. 48,798 306,474 Midland Holdings Ltd. 28,096 17,682 Neo-China Group Holdings Ltd. 128,378 21,840 Pacific Century Premium Developments Ltd. 124,536 40,620 SRE Group Ltd. 54,092 20,965 ------------- Total Bermuda 1,056,304 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International Real Estate Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Cayman Islands--0.6% Far East Consortium (a) 88,990 $ 36,767 HKR International Ltd. 57,134 42,095 New World China Land Ltd. 61,056 51,935 Tomson Group Ltd.* 112,120 40,586 ------------- Total Cayman Islands 171,383 ------------- Denmark--0.1% Nordicom A/S 96 14,809 ------------- Finland--0.5% Citycon Oyj 6,220 40,070 Sponda Oyj 5,920 86,109 Technopolis PLC 1,710 16,074 ------------- Total Finland 142,253 ------------- France--6.0% Acanthe Developpement S.A. 22,144 101,682 Gecina S.A. 2,870 480,634 Icade 3,734 288,961 Klepierre 1,674 284,705 Mercialys 1,524 52,609 Societe de la Tour Eiffel 468 68,894 Societe Immobiliere de Location pour l'Industrie et le Commerce 822 132,663 Unibail-Rodamco 1,452 372,884 ------------- Total France 1,783,032 ------------- Germany--0.9% Deutsche Euroshop AG 936 66,366 Deutsche Wohnen AG 1,668 86,392 DIC Asset AG 1,062 37,578 IVG Immobilien AG 2,162 85,086 ------------- Total Germany 275,422 ------------- Guernsey--0.3% Mapeley Ltd. 1,800 101,337 ------------- Hong Kong--19.0% Cheung Kong (Holdings) Ltd. 79,140 1,036,587 GZI Real Estate Investment Trust 95,528 37,635 Hang Lung Group Ltd. 41,912 189,244 Hang Lung Properties Ltd. 160,724 554,051 Henderson Investment Ltd. 79,140 113,984 Henderson Land Development Co., Ltd. 76,720 522,562 Hysan Development Co., Ltd. 43,970 116,985 Kowloon Development Co., Ltd. 61,474 122,824 Link REIT (The) 106,232 235,078 New World Development Co., Ltd. 121,754 304,623 Prosperity Real Estate Investment Trust 185,706 37,531 Shun TAK Holdings Ltd. 12,170 17,902 Sino Land Co. Ltd. 182,630 380,309 Sun Hung Kai Properties Ltd. 103,488 1,245,632 Swire Pacific Ltd. Class A 7,534 83,744 Swire Pacific Ltd. Class B 35,366 75,908 Wharf Holdings Ltd. 121,754 486,680 Wheelock & Co., Ltd. 27,878 71,853 ------------- Total Hong Kong 5,633,132 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree International Real Estate Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Italy--1.4% Aedes SpA 4,406 $ 32,966 Beni Stabili SpA 106,466 155,434 Immobiliare Grande Distribuzione 7,402 30,390 Pirelli & C Real Estate SpA 2,900 168,727 Risanamento SpA* 5,254 38,708 ------------- Total Italy 426,225 ------------- Japan--10.7% Advance Residence Investment Corp. 6 28,082 Aeon Mall Co., Ltd. 606 18,598 Ardepro Co., Ltd. 174 54,175 BLife Investment Corp. 6 34,107 Creed Office Investment Corp. 6 31,920 Crescendo Investment Corp. 6 34,447 DA Office Investment Corp. 6 39,354 Diamond City Co., Ltd. 606 14,623 eASSET Investment Corp. 6 30,123 Frontier Real Estate Investment Corp. 6 53,443 Fukuoka REIT Corp. 6 54,901 Global One Real Estate Investment Corp. 6 73,849 Japan Hotel and Resort, Inc. 6 32,601 Japan Logistics Fund, Inc. 6 55,873 Japan Prime Realty Investment Corp. 30 116,847 Japan Real Estate Investment Corp. 18 211,345 Japan Retail Fund Investment Corp. 18 155,958 Japan Single-Residence REIT, Inc. 6 24,924 Joint Corp. 546 17,110 Joint REIT Investment Corp. 6 28,471 Kenedix Realty Investment Corp. 12 89,688 Kenedix, Inc. 10 18,624 LCP Investment Corp. 6 24,535 Leopalace21 Corp. 3,038 103,567 Meiwa Estate Co., Ltd. 2,432 33,518 MID REIT, Inc. 6 30,268 Mitsubishi Estate Co., Ltd. 6,082 164,984 Mitsui Fudosan Co., Ltd. 6,082 170,401 Mori Hills REIT Investment Corp. 6 58,788 Mori Trust Sogo REIT, Inc. 6 68,019 New City Residence Investment Corp. 12 66,561 Nippon Building Fund, Inc. 18 249,241 Nippon Commercial Investment Corp. 6 26,042 Nippon Residential Investment Corp. 12 69,477 Nomura Real Estate Holdings, Inc. 588 19,093 Nomura Real Estate Office Fund, Inc. 12 129,236 NTT Urban Development Corp. 12 23,224 Orix JREIT, Inc. 12 95,421 Pacific Management Corp. 6 11,077 Premier Investment Co. 6 57,816 Prospect Residential Investment Corp. 12 42,269 re-plus residential investment, Inc. 6 25,118 Sumitomo Real Estate Sales Co., Ltd. 240 18,773 Suncity Co., Ltd. 48 30,783 Suruga Corp. 900 21,062 TOC Co., Ltd. 3,038 31,242 Toho Real Estate Co., Ltd. 2,372 17,210 Tokyu Land Corp. 6,082 64,664 Tokyu Livable, Inc. 258 5,212 Tokyu REIT, Inc. 6 57,816 Top REIT, Inc. 12 73,946 United Urban Investment Corp. 12 90,077 Urban Corp. 4,868 88,495 ------------- Total Japan 3,186,998 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree International Real Estate Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Luxembourg--0.5% GAGFAH S.A. 5,740 $ 125,197 Orco Property Group 108 17,109 ------------- Total Luxembourg 142,306 ------------- Netherlands--1.0% Eurocommercial Properties N.V. Class A 2,066 106,922 VastNed Offices/N.V. 2,060 76,230 VastNed Retail N.V. 1,422 124,121 ------------- Total Netherlands 307,273 ------------- New Zealand--0.7% AMP NZ Office Trust 36,388 37,107 Goodman Property Trust 40,848 47,020 ING Property Trust 56,690 54,307 Kiwi Income Property Trust 64,146 81,767 ------------- Total New Zealand 220,201 ------------- Norway--0.2% NorGani Hotels ASA 3,698 44,140 ------------- Singapore--7.7% Allco Commercial Real Estate Investment Trust 41,532 33,129 Allgreen Properties Ltd. 414,462 566,364 Ascendas Real Estate Investment Trust 92,956 178,686 Cambridge Industrial Trust 57,880 35,762 CapitaCommercial Trust 50,768 97,257 CapitaLand Ltd. 34,988 185,297 CapitaMall Trust 80,496 222,101 CDL Hospitality Trusts 13,840 22,261 City Developments Ltd. 24,348 275,406 Fortune Real Estate Investment Trust 90,226 76,170 Frasers Centrepoint Trust 31,914 35,890 GuocoLand Ltd. 12,170 38,672 Keppel Land Ltd. 6,082 34,795 Macquarie MEAG Prime Real Estate Investment Trust 84,828 68,774 Mapletree Logistics Trust 46,586 43,252 Singapore Land Ltd. 24,492 182,555 Suntec Real Estate Investment Trust 61,444 77,937 United Industrial Corp., Ltd. 24,264 55,526 Wheelock Properties S Ltd. 8,844 20,007 Wing Tai Holdings Ltd. 18,260 47,517 ------------- Total Singapore 2,297,358 ------------- Spain--1.5% Astroc Mediterraneo S.A. 2,396 31,874 Metrovacesa S.A. 3,494 386,943 Renta Corp. Real Estate S.A. 882 34,544 ------------- Total Spain 453,361 ------------- Sweden--2.5% Castellum AB 7,648 92,293 Fabege AB 14,608 160,839 Hufvudstaden AB Class A 6,190 71,313 Klovern AB 9,816 38,936 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree International Real Estate Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Kungsleden Fastighet AB 22,522 $ 281,640 Wallenstam Byggnads AB Class B 1,826 42,606 Wihlborgs Fastigheter AB 3,158 55,840 ------------- Total Sweden 743,467 ------------- Switzerland--0.3% Allreal Holding AG 564 63,183 Intershop Holdings 138 35,131 ------------- Total Switzerland 98,314 ------------- United Kingdom--7.3% Big Yellow Group PLC 1,800 18,996 British Land Co. PLC 13,200 354,883 Brixton PLC 8,400 73,902 Capital & Regional PLC 1,800 42,001 Daejan Holdings PLC 600 47,924 Derwent London PLC 1,800 66,270 DTZ Holdings PLC 1,800 18,779 Erinaceous Group PLC 7,800 33,646 Grainger PLC 1,800 20,387 Great Portland Estates PLC 3,600 47,851 Hammerson PLC 6,600 189,889 Helical Bar PLC 1,800 16,721 Land Securities Group PLC 18,600 650,454 Liberty International PLC 6,600 151,620 Quintain Estates & Development PLC 2,400 39,027 Savills PLC 1,200 14,253 Segro PLC 19,800 248,286 Shaftesbury PLC 2,400 28,410 St. Modwen Properties PLC 3,000 35,452 UNITE Group PLC 1,800 14,536 Warner Estate (Holdings) PLC 2,400 31,684 Workspace Group PLC 3,600 28,909 ------------- Total United Kingdom 2,173,880 ------------- TOTAL COMMON STOCKS (Cost: $30,362,081) 29,478,656 ============= RIGHTS*--0.0% Singapore--0.0% Allco Commercial Real Estate Investment Trust, expiring on 7/12/07 (Cost: $0) 11,068 1,085 ============= TOTAL LONG-TERM INVESTMENTS (Cost: $30,362,081) 29,479,741 ============= See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(concluded) WisdomTree International Real Estate Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED --0.1% MONEY MARKET FUND(b) --0.1% AIM Liquid Assets Portfolio, 5.18% (Cost: $19,800)(c) 19,800 $ 19,800 ============= TOTAL INVESTMENTS IN SECURITIES --99.3% (Cost: $30,381,882)(d) 29,499,541 Cash, Foreign Currency and Other Assets in Excess of Liabilities --0.7% 205,994 ------------- NET ASSETS--100.0% $ 29,705,535 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $18,183 and the total market value of the collateral held by the Fund was $19,800. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 6 WisdomTree International Real Estate Fund Sector Breakdown* % of the Fund's Net Assets as of 06/30/07+ Real Estate Management & Development 42.5% Retail REITS 22.6% Diversified REITS 15.4% Office REITS 11.3% Industrial REITS 5.8% Residential REITS 1.1% Specialized REITS 0.5% Other 0.8% * A sector may comprise several industries. + The Fund's sector breakdown is expressed as a percentage of net assets and may change over time. 7 Schedule of Investments (unaudited) WisdomTree International Basic Materials Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.8% Australia--20.6% Alumina Ltd. (a) 99,329 $ 656,469 Ausdrill Ltd. 12,920 28,390 Auspine Ltd. 2,044 10,700 BHP Billiton Ltd. 143,317 4,259,304 BlueScope Steel Ltd. (a) 104,571 917,345 Consolidated Rutile Ltd. 65,542 36,422 Energy Resources of Australia Ltd. 7,548 122,823 Equigold NL 18,089 28,391 Great Southern Plantations Ltd. (a) 35,579 90,556 Gunns Ltd. (a) 45,554 126,379 Iluka Resources Ltd. (a) 20,231 105,730 Incitec Pivot Ltd. 302 20,420 Independence Group NL 8,320 49,058 Jubilee Mines NL (a) 17,792 240,761 Minara Resources Ltd. 76,888 474,887 Mincor Resources NL 27,202 108,467 Newcrest Mining Ltd. 1,932 37,454 Nufarm Ltd. 13,283 156,080 OneSteel Ltd. (a) 63,277 345,190 Orica Ltd. 14,090 356,228 Oxiana Ltd. 45,461 136,149 PaperlinX Ltd. (a) 47,250 149,123 Rio Tinto Ltd. (a) 18,913 1,585,164 Smorgon Steel Group Ltd. (a) 146,428 332,935 Straits Resources Ltd. 3,196 12,446 Wattyl Ltd. 3,588 9,771 Zinifex Ltd. 104,492 1,668,412 ------------- Total Australia 12,065,054 ------------- Austria--1.0% BOEHLER-UDDEHOLM AG 2,912 291,027 Voestalpine AG 3,282 277,032 ------------- Total Austria 568,059 ------------- Belgium--1.9% Cumerio 947 39,009 Solvay S.A. 4,746 748,781 Tessenderlo Chemie N.V. 2,051 125,729 Umicore 926 201,686 ------------- Total Belgium 1,115,205 ------------- Denmark--0.0% Auriga Industries Class B 400 12,849 ------------- Finland--5.8% Kemira Oyj 5,359 123,473 M-real Oyj Class B 8,358 54,746 Outokumpu Oyj 13,509 456,479 Rautaruukki Oyj 10,079 647,532 Stora Enso Oyj Class R 48,588 917,375 UPM-Kymmene Oyj 49,206 1,216,130 ------------- Total Finland 3,415,735 ------------- France--3.6% L'Air Liquide S.A. 16,056 2,112,930 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International Basic Materials Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Germany--17.3% ALTANA AG 16,605 $ 400,751 BASF AG 35,138 4,614,585 Bayer AG 32,582 2,468,602 H&R WASAG AG 284 12,999 K+S AG 2,480 382,029 Salzgitter AG 896 173,636 ThyssenKrupp AG 29,433 1,754,200 Wacker Chemie AG 1,447 341,993 ------------- Total Germany 10,148,795 ------------- Italy--0.0% Sol SpA 1,384 10,598 ------------- Japan--15.8% ADEKA Corp. 2,400 25,439 Aica Kogyo Co., Ltd. 2,400 27,441 Aichi Steel Corp. 13,000 71,266 Air Water, Inc. 8,000 83,760 Arisawa Manufacturing Co., Ltd. 5,100 44,147 Asahi Kasei Corp. 40,000 262,359 Chuetsu Pulp & Paper Co., Ltd. 8,000 17,555 Chugai Mining Co., Ltd. 78,700 58,629 Daicel Chemical Industries Ltd. 8,000 52,018 Daido Steel Co., Ltd. 11,000 74,910 Dainippon Ink & Chemicals, Inc. 16,000 61,671 Denki Kagaku Kogyo K.K. 16,000 71,906 DOWA HOLDINGS Co., Ltd. 8,000 85,186 Earth Chemical Co., Ltd. 800 18,981 Godo Steel Ltd. 8,000 37,702 Hitachi Chemical Co., Ltd. 3,200 72,294 Hitachi Metals Ltd. 8,000 87,518 Hokuetsu Paper Mills Ltd. 8,000 43,662 JFE Holdings, Inc. 25,400 1,577,538 JSR Corp. 3,200 77,088 Kaneka Corp. 8,000 66,918 Kansai Paint Co., Ltd. 8,000 69,898 Kobe Steel Ltd. 132,000 500,231 Lintec Corp. 800 16,908 Mitsubishi Chemical Holdings Corp. 52,000 476,651 Mitsubishi Gas Chemical Co., Inc. 8,000 73,007 Mitsubishi Materials Corp. 16,000 87,194 Mitsubishi Steel Manufacturing Co., Ltd. 14,000 64,731 Mitsui Chemicals, Inc. 16,000 121,398 Mitsui Mining & Smelting Co., Ltd. 8,000 37,313 Nakayama Steel Works Ltd. 8,000 28,179 Nippon Kayaku Co., Ltd. 8,000 63,225 Nippon Light Metal Co., Ltd. 16,000 41,718 Nippon Metal Industry Co., Ltd. 8,000 40,617 Nippon Paint Co., Ltd. 8,000 40,682 Nippon Steel Corp. 214,000 1,504,126 Nisshin Steel Co., Ltd. 32,000 145,884 Nitto Denko Corp. 2,400 120,879 NOF Corp. 8,000 36,860 OJI Paper Co., Ltd. 40,000 194,016 Pacific Metals Co., Ltd. 8,000 133,771 Rengo Co., Ltd. 8,000 39,386 Sanyo Special Steel Co., Ltd. 11,000 80,432 Shin-Etsu Chemical Co., Ltd. 4,000 285,356 Showa Denko K.K. 16,000 57,784 Sumitomo Bakelite Co., Ltd. 8,000 55,905 Sumitomo Chemical Co., Ltd. 30,000 201,142 Sumitomo Light Metal Industries Ltd. 8,000 18,916 Sumitomo Metal Industries Ltd. 136,000 799,514 Sumitomo Metal Mining Co., Ltd. 12,000 259,930 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree International Basic Materials Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Sumitomo Titanium Corp. 700 $ 65,298 Taiyo Nippon Sanso Corp. 8,000 61,735 Toagosei Co., Ltd. 8,000 31,418 Toho Titanium Co., Ltd. 1,500 60,731 Tokuyama Corp. 5,000 65,023 Tokyo Ohka Kogyo Co., Ltd. 800 17,912 Tokyo Steel Manufacturing Co., Ltd. 3,200 50,114 Topy Industries Ltd. 8,000 30,317 Tosoh Corp. 24,000 133,123 Toyo Ink Manufacturing Co., Ltd. 8,000 30,447 Ube Industries Ltd. 16,000 49,233 Yamato Kogyo Co., Ltd. 2,400 95,032 Yodogawa Steel Works Ltd. 8,000 44,309 Yushiro Chemical Industry Co., Ltd. 800 14,997 ------------- Total Japan 9,263,330 ------------- Netherlands--6.3% Akzo Nobel N.V. 13,525 1,168,305 Koninklijke DSM N.V. 12,834 633,520 Mittal Steel Co N.V. 30,014 1,886,924 ------------- Total Netherlands 3,688,749 ------------- New Zealand--0.0% Nuplex Industries Ltd. 5,453 30,247 ------------- Norway--1.1% Norske Skogindustrier ASA 25,600 369,284 Yara International ASA 9,000 271,234 ------------- Total Norway 640,518 ------------- Portugal--0.3% Corticeira Amorim S.A. 3,720 10,098 Portucel-Empresa Produtora De Pasta E Papel, S.A. 40,710 164,943 ------------- Total Portugal 175,041 ------------- Spain--0.6% Acerinox S.A. (a) 11,185 274,021 Grupo Empresarial Ence S.A. 5,092 59,349 Tubos Reunidos S.A. 1,294 32,873 ------------- Total Spain 366,243 ------------- Sweden--2.9% Billerud AB 4,000 60,666 Boliden AB 11,900 247,729 Holmen AB Class B 4,800 203,348 SSAB Svenskt Staal AB Series A 8,800 362,539 SSAB Svenskt Staal AB Series B 1,600 61,133 Svenska Cellulosa Aktiebolaget SCA Class B 45,200 758,035 ------------- Total Sweden 1,693,450 ------------- Switzerland--1.6% Ciba Specialty Chemicals AG 6,295 409,617 Givaudan 271 267,551 Lonza Group AG 826 75,887 Schmolz + Bickenbach AG 448 39,295 Syngenta AG 681 132,911 ------------- Total Switzerland 925,261 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(concluded) WisdomTree International Basic Materials Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- United Kingdom--21.0% Anglo American PLC 65,686 $ 3,881,185 Antofagasta PLC 22,068 271,855 BHP Billiton PLC 79,257 2,210,338 Croda International PLC 3,994 51,045 DS Smith PLC 53,220 247,725 Elementis PLC 7,028 13,889 Filtrona PLC 5,453 28,528 Imperial Chemical Industries PLC 49,399 616,474 Johnson Matthey PLC 11,129 377,801 Kazakhmys PLC 12,577 319,208 Lonmin PLC 5,380 433,925 Rio Tinto PLC 37,736 2,897,481 Vedanta Resources PLC 4,484 145,293 Victrex PLC 1,766 25,387 Xstrata PLC 13,139 787,415 Yule Catto & Co. PLC 7,896 36,120 ------------- Total United Kingdom 12,343,669 ------------- TOTAL COMMON STOCKS (Cost: $54,846,550) 58,575,733 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--4.9% MONEY MARKET FUNDS--4.9%(b) UBS Enhanced Yield Portfolio, 5.27% 1,003,188 1,003,188 UBS Private Money Market Fund LLC, 5.25% 1,877,163 1,877,163 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $2,880,351)(c) 2,880,351 ============= TOTAL INVESTMENTS IN SECURITIES--104.7% (Cost: $57,726,901)(d) 61,456,084 Liabilities in Excess of Cash, Foreign Currency and Other Assets--(4.7)% (2,748,485) ------------- NET ASSETS--100.0% $ 58,707,599 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $2,734,956 and the total market value of the collateral held by the Fund was $2,880,351. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 4 WisdomTree International Basic Materials Sector Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Mining 37.4% Chemicals 32.0% Iron/Steel 22.3% Forest Products & Paper 8.1% Other 0.2% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree International Communications Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.6% Australia--8.0% APN News & Media Ltd. 9,992 $ 49,592 ASG Group Ltd. 495 624 Austereo Group Ltd. 9,777 16,175 Iress Market Technology Ltd. 2,035 15,953 IWL Ltd. 1,447 7,611 John Fairfax Holdings Ltd. (a) 32,283 128,728 Oakton Ltd. 1,815 8,669 Publishing & Broadcasting Ltd. (a) 11,420 189,899 SAI Global Ltd. (a) 1,919 6,203 Seek Ltd. 1,291 8,083 Senetas Corp., Ltd.* 8,243 874 Service Stream Ltd. 99 158 Seven Network Ltd. 4,065 39,833 SMS Management & Technology Ltd. 1,391 6,845 Southern Cross Broadcasting Australia Ltd. 2,251 30,556 SP Telemedia Ltd. 5,784 4,269 STW Communications Group Ltd. (a) 5,276 13,249 Telstra Corp. Ltd. (a) 359,641 1,400,499 Ten Network Holdings Ltd. 15,380 35,361 West Australian Newspapers Holdings Ltd. 6,164 71,645 ------------- Total Australia 2,034,826 ------------- Belgium--1.8% Belgacom S.A. 8,646 383,585 Mobistar S.A. 995 84,928 ------------- Total Belgium 468,513 ------------- Finland--4.7% Elcoteq SE 404 3,410 Elisa Oyj 2,993 81,733 Nokia Oyj 35,416 995,365 PKC Group Oyj 404 5,778 Sanoma-WSOY Oyj 2,990 94,775 Talentum Oyj 1,615 7,939 ------------- Total Finland 1,189,000 ------------- France--8.4% Alcatel-Lucent 21,207 297,295 Canal Plus S.A. 1,939 20,688 Havas S.A. 4,209 23,875 Iliad S.A. 24 2,431 JC Decaux S.A. 1,101 34,988 Lagardere SCA 1,359 118,291 M6, Metropole Television 2,810 91,574 NRJ Group 742 12,807 PagesJaunes Groupe S.A. 12,894 271,136 Publicis Groupe 1,015 44,757 Television Francaise 1 S.A. 3,309 114,718 Vivendi 25,897 1,116,060 ------------- Total France 2,148,620 ------------- Germany--7.2% Comdirect Bank AG 1,934 26,590 Deutsche Telekom AG 97,109 1,795,451 United Internet AG 1,254 26,200 ------------- Total Germany 1,848,241 ------------- Hong Kong--8.5% China Mobile Ltd. 164,500 1,766,430 China Netcom Group Corp. (Hong Kong) Ltd. 58,000 160,248 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International Communications Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- China Unicom Ltd. 72,000 $ 123,962 Next Media Ltd. 62,000 21,174 Oriental Press Group Ltd. 56,000 10,888 PCCW Ltd. 102,000 62,756 Television Broadcasts Ltd. 4,000 28,141 Tradelink Electronic Commerce Ltd. 2,000 348 ------------- Total Hong Kong 2,173,947 ------------- Ireland--0.3% Independent News & Media PLC 12,770 64,459 ------------- Italy--5.8% Arnoldo Mondadori Editore SpA 4,689 45,912 CIR-Compagnie Industriali Riunite SpA 6,659 25,653 Gruppo Editoriale L'Espresso SpA (a) 5,448 28,843 Mediaset SpA 30,972 320,203 RCS MediaGroup SpA 2,833 15,811 Seat Pagine Gialle SpA 29,381 17,638 Telecom Italia SpA 370,916 1,016,910 ------------- Total Italy 1,470,970 ------------- Japan--5.1% Hakuhodo DY Holdings, Inc. 200 13,183 Hikari Tsushin, Inc. 400 16,778 KDDI Corp. 13 96,109 Matsui Securities Co., Ltd. 2,000 17,863 Nippon Telegraph & Telephone Corp. 77 341,058 Nippon Television Network Corp. 120 16,344 NTT DoCoMo, Inc. 408 644,237 SBI Holdings, Inc. 252 79,888 SOFTBANK CORP. 500 10,770 Tokyo Broadcasting System, Inc. 600 18,317 Trend Micro, Inc. 1,000 32,228 Yahoo Japan Corp. 32 10,844 ------------- Total Japan 1,297,619 ------------- Netherlands--3.5% Endemol N.V. 113 3,698 Reed Elsevier N.V. 9,481 181,057 Royal KPN N.V. 35,300 587,349 Wegener N.V. 180 4,740 Wolters Kluwer N.V. 3,654 111,776 ------------- Total Netherlands 888,620 ------------- New Zealand--1.3% CanWest MediaWorks NZ Ltd. 5,624 10,123 Telecom Corp. of New Zealand Ltd. (a) 91,708 325,197 ------------- Total New Zealand 335,320 ------------- Norway--0.1% Schibsted ASA 600 27,428 ------------- Portugal--1.5% Portugal Telecom, SGPS, S.A. 22,754 314,372 PT Multimedia Servicos de Telecomunicacoes e Multimedia, SGPS, S.A. 3,905 62,812 ------------- Total Portugal 377,184 ------------- Singapore--3.1% Keppel Telecommunications & Transportation Ltd. 7,000 15,103 MobileOne Ltd. 21,600 31,070 Singapore Press Holdings Ltd. 24,000 72,810 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree International Communications Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Singapore Telecommunications Ltd. 278,000 $ 618,000 StarHub Ltd. 29,333 58,687 Yellow Pages (Singapore) Ltd. 7,000 6,270 ------------- Total Singapore 801,940 ------------- Spain--10.0% Gestevision Telecinco, S.A. 8,503 241,618 Promotora de Informaciones, S.A. 943 20,785 Telefonica, S.A. 102,813 2,296,647 ------------- Total Spain 2,559,050 ------------- Sweden--4.3% Eniro AB 2,200 27,992 Tele2 AB Class B 3,600 58,931 Telefonaktiebolaget LM Ericsson Class A 11,000 43,825 Telefonaktiebolaget LM Ericsson Class B 125,000 500,569 TeliaSonera AB 63,500 467,647 ------------- Total Sweden 1,098,964 ------------- Switzerland--1.2% Kudelski S.A. 192 6,736 Swisscom AG 892 304,769 ------------- Total Switzerland 311,505 ------------- United Kingdom--24.8% Aegis Group PLC 5,628 15,526 Amstrad PLC 1,375 3,435 Bloomsbury Publishing PLC 428 1,700 British Sky Broadcasting Group PLC 16,176 207,710 BT Group PLC 157,596 1,051,340 Cable & Wireless PLC 36,485 142,377 Centaur Media PLC 1,135 3,029 Daily Mail & General Trust N.V. Class A 3,150 48,380 Emap PLC 2,914 48,117 Euromoney Institutional Investor PLC 1,631 21,434 Future PLC 6,344 5,600 GCAP Media PLC 2,922 11,403 Informa PLC 3,138 35,100 Inmarsat PLC 5,496 44,576 iomart Group PLC 1,981 2,643 ITV PLC 45,735 104,790 Johnston Press PLC 2,410 19,885 Pearson PLC 13,390 226,472 Reed Elsevier PLC 15,804 204,994 Reuters Group PLC 13,326 165,500 Smiths News PLC 3,569 9,595 Taylor Nelson Sofres PLC 3,098 14,731 Trinity Mirror PLC 5,336 56,634 United Business Media PLC 2,322 37,037 UTV PLC 720 5,778 Vodafone Group PLC 1,068,616 3,597,658 Wilmington Group PLC 1,468 6,656 WPP Group PLC 7,055 105,949 Yell Group PLC 15,903 147,490 ------------- Total United Kingdom 6,345,539 ------------- TOTAL COMMON STOCKS (Cost: $23,519,764) 25,441,745 ============= See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(concluded) WisdomTree International Communications Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--6.4% MONEY MARKET FUNDS(b) --6.4% UBS Enhanced Yield Portfolio, 5.27% 501,667 $ 501,667 UBS Private Money Market Fund LLC, 5.25% 1,137,926 1,137,925 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $1,639,592)(c) 1,639,592 ============= TOTAL INVESTMENTS IN SECURITIES--106.0% (Cost: $25,159,356)(d) 27,081,337 Liabilities in Excess of Cash, Foreign Currency and Other Assets - (6.0)% (1,523,993) ------------- NET ASSETS--100.0% $ 25,557,344 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $1,551,964 and the total market value of the collateral held by the Fund was $1,639,592. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 4 WisdomTree International Communications Sector Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Telecommunications 77.6% Media 18.9% Advertising 2.1% Internet 1.0% Other 0.4% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree International Consumer Cyclical Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.3% Australia--6.9% Alesco Corp., Ltd. 813 $ 9,553 ARB Corp., Ltd. 519 1,893 Aristocrat Leisure Ltd. 2,376 28,967 Billabong International Ltd. 1,285 19,569 Coles Group Ltd. 7,770 106,265 David Jones Ltd. 5,138 24,280 Fantastic Holdings Ltd. 685 2,493 Fleetwood Corp., Ltd. 337 2,487 Flight Centre Ltd. 1,005 16,371 Funtastic Ltd. 1,788 2,806 Harvey Norman Holdings Ltd. 4,690 21,049 Infomedia Ltd. 4,508 2,371 JB Hi-Fi Ltd. 318 2,919 Just Group Ltd. 2,066 7,712 Qantas Airways Ltd. 10,296 48,917 Reject Shop Ltd. (The) 201 2,157 Spotless Group Ltd. 2,342 9,637 Sunland Group Ltd. 2,772 9,595 Super Cheap Auto Group Ltd. 789 2,878 TABCORP Holdings Ltd. 6,551 95,317 Tattersall's Ltd. 7,397 29,495 ------------- Total Australia 446,731 ------------- Denmark--0.0% Bang & Olufsen A/S Class B 25 2,990 ------------- Finland--0.5% Amer Sports OYJ 363 8,976 Nokian Renkaat OYJ 416 14,619 Stockmann Oyj Abp Class B 165 7,019 ------------- Total Finland 30,614 ------------- France--13.8% Accor S.A. 1,192 105,799 Air France-KLM S.A. 487 22,750 Compagnie Generale des Etablissements Michelin Class B 567 79,525 Hermes International 247 27,991 Kaufman & Broad S.A. 65 5,031 Peugeot S.A. 1,344 108,509 PPR S.A. 654 114,436 Rallye S.A. 346 23,360 Renault S.A. 1,827 294,145 SEB SA 65 11,826 Sodexho Alliance S.A. 718 51,539 THOMPSON 1,210 23,091 Valeo S.A. 466 25,055 ------------- Total France 893,057 ------------- Germany--11.9% adidas AG 286 18,069 Bayerische Motoren Werke AG 1,587 102,901 Bechtle AG 79 2,903 Continental AG 409 57,690 DaimlerChrysler AG 4,092 379,059 Deutsche Lufthansa AG 2,671 74,889 Douglas Holding AG 171 11,138 ElringKlinger AG 63 5,747 Gerry Weber International AG 71 2,148 Grammer AG 79 2,342 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International Consumer Cyclical Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Hugo Boss AG 2 $ 131 Praktiker Bau- und Heimwerkermaerkte AG 75 3,039 Puma AG Rudolf Dassler Sport 17 7,581 Takkt AG 141 2,512 Volkswagen AG 617 98,411 ------------- Total Germany 768,560 ------------- Hong Kong--1.4% Cathay Pacific Airways Ltd. 19,000 47,294 China Travel International Investment Hong Kong Ltd. 24,000 12,587 Denway Motors Ltd. 32,000 15,145 Fountain Set (Holdings) Ltd. 4,000 1,540 Goldlion Holdings Ltd. 10,000 2,443 Hongkong & Shanghai Hotels Ltd. (The) 3,000 5,303 Shaw Brothers (Hong Kong) Ltd. 2,000 4,702 Shell Electric Manufacturing (Holdings) Co. Ltd. 3,000 2,974 ------------- Total Hong Kong 91,988 ------------- Ireland--0.1% Abbey PLC 150 2,062 Paddy Power PLC 119 3,704 ------------- Total Ireland 5,766 ------------- Italy--2.8% Amplifon SpA 130 1,083 Autogrill SpA 684 14,494 Benetton Group SpA 1,577 27,560 Brembo SpA 299 4,264 Bulgari SpA 1,256 20,203 Fiat SPA 1,069 31,863 Geox SpA 1,179 21,783 Indesit Co. SpA 822 19,206 Lottomatica SpA 707 28,177 Marzotto SpA 279 1,492 Sogefi SpA 548 5,358 Tod's SpA 35 3,126 Valentino Fashion Group SpA 28 1,305 ------------- Total Italy 179,914 ------------- Japan--33.4% ABC-Mart, Inc. 500 11,417 Advan Co., Ltd. 100 1,058 AEON Co., Ltd. 700 12,980 Aisan Industry Co., Ltd. 100 1,172 Aisin Seiki Co., Ltd. 300 11,004 Akebono Brake Industry Co., Ltd. 1,000 7,895 All Nippon Airways Co., Ltd. 2,000 7,595 Alpine Electronics Inc. 100 1,530 AOKI Holdings, Inc. 100 1,907 Arcs Co., Ltd. 210 3,316 ASICS Corp. 1,000 12,332 Avex Group Holdings, Inc. 100 1,353 Belluna Co., Ltd. 450 6,012 Bosch Corp. 1,000 4,948 Bridgestone Corp. 1,200 25,653 Canon Electronics, Inc. 150 4,871 Canon Marketing Japan, Inc. 300 6,122 Chiyoda Co., Ltd. 100 2,122 Circle K Sunkus Co. Ltd. 200 3,482 Citizen Watch Co., Ltd. 700 6,297 Culture Convenience Club Co., Ltd. 800 3,524 Daidoh Ltd. 600 7,312 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree International Consumer Cyclical Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Daihatsu Motor Co., Ltd. 1,000 $ 9,150 Daikoku Denki Co., Ltd. 100 1,628 Daiwa House Industry Co., Ltd. 1,000 14,268 DENSO CORP. 1,500 58,546 Don Quijote Co., Ltd. 100 2,000 Doshisha Co., Ltd. 100 1,579 Edion Corp. 100 1,296 FamilyMart Co., Ltd. 200 5,263 Fast Retailing Co., Ltd. 400 28,406 FCC Co., Ltd. 100 2,053 France Bed Holdings Co., Ltd. 1,000 1,709 Fuji Heavy Industries Ltd. 2,000 9,555 Futaba Industrial Co., Ltd. 100 2,413 Gulliver International Co., Ltd. 20 1,151 Hakuto Co., Ltd. 100 1,570 Hanwa Co., Ltd. 1,000 4,923 Heiwa Corp. 200 2,452 Heiwado Co., Ltd. 100 1,709 Hino Motors Ltd. 1,000 5,968 HIS Co., Ltd. 100 2,745 Hitachi High-Technologies Corp. 100 2,591 Hitachi Maxell Ltd. 200 2,330 Honda Motor Co., Ltd. 5,900 214,988 Impact 21 Co., Ltd. 100 2,085 Inaba Denki Sangyo Co., Ltd. 100 3,458 Isetan Co., Ltd. 200 3,279 Isuzu Motors Ltd. 1,000 5,409 ITOCHU Corp. 3,000 34,690 Itochu Enex Co., Ltd. 300 2,478 Izumi Co., Ltd. 200 3,263 JTEKT Corp. 200 3,611 Kanto Auto Works Ltd. 200 2,954 Keihin Corp. 100 1,923 Kojima Co., Ltd. 100 992 Kokuyo Co., Ltd. 200 2,342 Komeri Co., Ltd. 100 2,656 Konaka Co., Ltd. 100 949 Kurabo Industries Ltd. 1,000 2,818 Kuraray Co., Ltd. 500 5,850 Lawson, Inc. 300 10,349 Mars Engineering Corp. 100 2,016 Marubeni Corp. 2,000 16,438 Marui Co., Ltd. 2,500 31,479 Matsumotokiyoshi Co., Ltd. 100 2,190 Matsushita Electric Industrial Co., Ltd. 5,000 98,991 Mazda Motor Corp. 1,000 5,693 Ministop Co., Ltd. 100 1,919 Mitsubishi Corp. 3,900 102,004 Mitsubishi Rayon Co., Ltd. 1,000 7,118 Mitsui & Co., Ltd. 4,000 79,517 Mitsuuroko Co., Ltd. 200 1,349 MOS Food Services, Inc. 100 1,302 Nifco, Inc. 200 4,365 Nishimatsuya Chain Co., Ltd. 100 1,696 Nissan Motor Co., Ltd. 19,400 207,518 Nissin Kogyo Co., Ltd. 100 2,777 Nitori Co., Ltd. 50 2,490 NOK Corp. 100 2,105 Noritz Corp. 100 1,931 Oriental Land Co., Ltd. 100 5,207 Parco Co., Ltd. 600 7,594 Pioneer Corp. 300 4,074 Plenus Co., Ltd. 100 1,818 Point Inc. 20 1,184 RESORTTRUST, Inc. 120 2,755 Right On Co., Ltd. 100 1,620 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree International Consumer Cyclical Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Ryoshoku Ltd. 100 $ 2,235 Ryoyo Electro Corp. 100 1,460 Sangetsu Co., Ltd. 200 4,308 Sankyo Co., Ltd. 400 16,810 Sankyo Seiko Co., Ltd. 200 899 Sega Sammy Holdings, Inc. 1,700 27,463 Sekisui Chemical Co., Ltd. 1,000 7,717 Sekisui House, Ltd. 2,000 26,641 Seven & I Holdings Co., Ltd. 2,700 76,959 Shimachu Co., Ltd. 100 2,688 Showa Corp. 100 1,330 Sony Corp. 800 41,005 Sumitomo Corp. 3,100 56,480 Sumitomo Rubber Industries, Inc. 600 7,152 Sundrug Co., Ltd. 100 2,178 Suzuki Motor Corp. 300 8,502 Teijin Ltd. 1,000 5,458 Toei Co., Ltd. 1,000 6,705 Toho Co., Ltd. 100 1,806 Tokai Rika Co., Ltd. 100 2,729 TOMY Co., Ltd. 200 1,317 Toray Industries, Inc. 4,000 29,506 TOTO Ltd. 1,000 8,640 Toyo Tire & Rubber Co., Ltd. 1,000 5,190 Toyobo Co., Ltd. 2,000 5,717 Toyoda Gosei Co., Ltd. 100 2,818 Toyota Auto Body Co., Ltd. 200 3,312 Toyota Boshoku Corp. 200 5,053 Toyota Motor Corp. 8,600 543,180 Toyota Tsusho Corp. 300 6,923 Trusco Nakayama Corp. 100 1,964 Unitika Ltd. 1,000 1,288 USS Co., Ltd. 40 2,543 Xebio Co., Ltd. 100 2,672 Yamada Denki Co., Ltd. 20 2,086 Yamaha Corp. 300 6,219 Yamaha Motor Co., Ltd. 300 8,697 Yokohama Rubber Co., Ltd. (The) 1,000 7,514 ------------- Total Japan 2,153,615 ------------- Netherlands--0.5% Beter BED Holdings N.V. 118 3,994 Buhrmann N.V. 419 6,440 Hunter Douglas N.V. 162 15,320 Macintosh Retail Group N.V. 83 3,699 Univar N.V. 96 5,082 ------------- Total Netherlands 34,535 ------------- New Zealand--0.9% Air New Zealand Ltd. 8,698 17,740 Fisher & Paykel Appliances Holdings Ltd. 2,587 6,955 Hallenstein Glasson Holdings Ltd. 970 3,485 Pumpkin Patch Ltd. 784 2,029 Sky City Entertainment Group Ltd. 4,471 17,547 Warehouse Group Ltd. (The) 2,885 13,529 ------------- Total New Zealand 61,285 ------------- Norway--0.2% Ekornes ASA 400 9,109 Expert ASA 100 2,692 ------------- Total Norway 11,801 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree International Consumer Cyclical Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Portugal--0.4% SAG GEST-Solucoes Automovel Globais, SGPS, S.A. 1,958 $ 4,919 Sonae SGPS, S.A. 6,273 17,791 ------------- Total Portugal 22,710 ------------- Singapore--1.6% Hotel Plaza Ltd. 3,000 4,570 Hotel Properties Ltd. 1,000 3,923 HTL International Holdings Ltd. 1,000 595 Jardine Cycle & Carriage Ltd. 1,000 10,265 Robinson & Co., Ltd. 1,000 3,204 Singapore Airlines Ltd. 6,000 73,752 Stamford Land Corp., Ltd. 7,000 2,838 Tat Hong Holdings Ltd. 2,000 2,746 ------------- Total Singapore 101,893 ------------- Spain--1.8% Cia de Distribucion Integral Logista S.A. 136 10,469 IBERIA, Lineas Aereas de Espana, S.A. 2,954 14,761 Inditex S.A. 1,518 89,734 ------------- Total Spain 114,964 ------------- Sweden--4.9% Bilia AB Class A 300 5,512 Clas Ohlson AB Class B 200 4,448 Electrolux AB Series B 1,526 36,273 H&M Hennes & Mauritz AB Class B 3,550 210,448 Nobia AB 450 5,611 Scania AB Class A 300 7,591 Scania AB Class B 1,900 46,550 ------------- Total Sweden 316,433 ------------- Switzerland--0.4% Swatch Group AG (The) 181 10,264 Swatch Group AG (The) Class B 45 12,814 ------------- Total Switzerland 23,078 ------------- United Kingdom--17.8% Alexon Group PLC 415 2,123 Barratt Developments PLC 2,259 45,006 Bellway PLC 591 14,940 Blacks Leisure Group PLC 137 858 Bovis Homes Group PLC 595 10,660 BSS Group PLC 279 2,702 Burberry Group PLC 1,318 18,167 Carnival PLC 813 38,902 Carpetright PLC 452 10,248 Carphone Warehouse Group PLC 972 6,440 Christian Salvesen PLC 2,765 3,342 Clinton Cards PLC 2,366 3,026 Compass Group PLC 11,724 81,329 Diploma PLC 107 1,939 Domino's Pizza UK & IRL PLC 444 2,468 DSG International PLC 20,615 65,640 EMI Group PLC 2,633 14,158 Enterprise Inns PLC 2,180 30,136 Findel PLC 382 5,537 First Choice Holidays PLC 2,948 18,868 French Connection Group PLC 477 1,962 Game Group PLC 1,819 6,104 Games Workshop Group PLC 366 2,152 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(concluded) WisdomTree International Consumer Cyclical Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- George Wimpey PLC 2,693 $ 27,178 GKN PLC 5,638 45,049 Halfords Group PLC 1,702 13,267 Headlam Group PLC 508 5,657 HMV Group PLC 2,976 7,120 Holidaybreak PLC 318 5,548 Home Retail Group PLC 375 3,453 IG Group Holdings PLC 385 2,285 Inchcape PLC 1,667 16,756 Intercontinental Hotels Group PLC 1,128 28,154 JJB Sports PLC 2,280 11,711 John Menzies PLC 365 4,028 Kesa Electricals PLC 3,442 21,736 Kier Group PLC 99 4,076 Kingfisher PLC 21,465 97,545 Ladbrokes PLC 2,869 24,924 Lookers PLC 525 1,880 Luminar PLC 387 5,435 Majestic Wine PLC 222 1,733 Marks & Spencer Group PLC 8,094 101,984 Mitchells & Butlers PLC 521 9,193 Mothercare PLC 322 2,487 N. Brown Group PLC 1,325 8,108 Next PLC 1,085 43,734 Pendragon PLC 2,695 4,272 Persimmon PLC 2,490 57,852 Punch Taverns PLC 591 14,585 Redrow PLC 695 7,118 Signet Group PLC 9,334 19,476 Taylor Wimpey PLC 2,463 17,827 Ted Baker PLC 169 1,760 Topps Tiles PLC 1,285 5,872 Umbro PLC 763 2,411 Wetherspoon (J.D.) PLC 763 8,504 Whitbread PLC 858 30,452 William Hill PLC 1,866 23,025 Wolseley PLC 2,719 65,572 Woolworths Group PLC 13,008 6,981 ------------- Total United Kingdom 1,145,455 ------------- TOTAL INVESTMENTS IN SECURITIES --99.3% (Cost: $5,372,816) (a) 6,405,389 Cash, Foreign Currency and Other Assets in Excess of Liabilities--(0.7)% 45,599 ------------- NET ASSETS--100.0% $ 6,450,988 ============= (a) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 6 WisdomTree International Consumer Cyclical Sector Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Auto Manufacturers 32.5% Retail 24.1% Distribution/Wholesale 7.6% Apparel 7.4% Auto Parts & Equipment 6.3% Home Furnishings 4.4% Entertainment 4.2% Home Builders 3.9% Lodging 2.6% Leisure Time 2.6% Food Service 2.1% Textiles 1.1% Housewares 0.4% Toys/Games/Hobbies 0.1% Office Furnishings 0.0% # Diversified Financial Services 0.0% # Other 0.7% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. # Amount represents less than 0.05%. Schedule of Investments (unaudited) WisdomTree International Consumer Non-Cyclical Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.5% Australia--5.7% A.B.C. Learning Centres Ltd. 3,529 $ 20,719 AWB Ltd. (a) 13,126 47,997 Boom Logistics Ltd. 5,147 14,760 Candle Australia Ltd. 1,105 3,094 Coates Hire Ltd. 3,764 18,554 Coca-Cola Amatil Ltd. 18,132 146,756 Cochlear Ltd. 484 25,048 Corporate Express Australia Ltd. 2,987 17,435 CSL Ltd. 883 65,924 Foster's Group Ltd. 40,913 221,454 Goodman Fielder Ltd. 10,456 21,556 Healthscope Ltd. 3,724 16,524 Invocare Ltd. 1,880 9,905 Lion Nathan Ltd. 10,980 86,354 Metcash Ltd. 3,521 13,442 Pacific Brands Ltd. 18,458 54,026 Primary Health Care Ltd. 1,884 20,300 Programmed Maintenance Services Ltd. 2,120 11,097 Ramsay Health Care Ltd. 1,988 18,907 Sigma Pharmaceuticals Ltd. 13,561 24,391 Skilled Group Ltd. 2,084 9,282 Sonic Healthcare Ltd. 4,272 54,583 Symbion Health Ltd. 9,260 32,053 Woolworths Ltd. 16,027 367,127 ------------- Total Australia 1,321,288 ------------- Belgium--1.7% Colruyt S.A. 49 10,257 Delhaize Group 763 75,070 InBev N.V. 2,875 228,426 Omega Pharma S.A. 270 23,421 UCB S.A. 1,165 68,993 ------------- Total Belgium 406,167 ------------- Denmark--1.3% Carlsberg A/S Class B 200 24,210 Coloplast A/S Class B 200 16,243 Danisco A/S 200 14,936 H. Lundbeck A/S 1,600 40,652 Novo-Nordisk A/S Class B 1,600 174,222 Novozymes A/S Class B 200 23,230 ------------- Total Denmark 293,493 ------------- Finland--0.7% HK-Ruokatalo Oyj Class A 1,198 31,485 Kemira GrowHow Oyj 1,213 19,511 Kesko OYJ Class B 807 53,775 Orion Oyj Class B 1,349 33,778 Poyry Oyj 807 17,929 Ramirent Oyj 40 1,088 ------------- Total Finland 157,566 ------------- France--14.7% Assystem 140 2,732 Carrefour S.A. 7,226 508,838 Casino Guichard Perrachon S.A. 1,439 145,758 Christian Dior S.A. 1,377 178,941 Cie Generale D'Optique Essilor International S.A. 627 74,830 Clarins 272 24,032 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International Consumer Non-Cyclical Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Groupe Danone 4,840 $ 392,331 Groupe Steria SCA 270 17,988 L'Oreal S.A. 4,410 522,929 Pernod-Ricard S.A. 543 120,233 Remy Cointreau S.A. 563 42,162 Sanofi-Aventis 14,487 1,175,882 Societe BIC SA 228 16,800 Societe Des Autoroutes Paris-Rhin-Rhone 2,011 204,239 ------------- Total France 3,427,695 ------------- Germany--4.5% Bayer Schering Pharma AG 2,709 380,133 Beiersdorf AG 1,385 98,838 Celesio AG 1,165 75,743 Fresenius AG 336 25,829 Fresenius Medical Care AG & Co. KGaA 1,548 71,354 Henkel KGaA 1,512 72,268 IDS Scheer AG 128 3,053 Merck KGaA 192 26,462 Metro AG 2,567 213,143 Rhoen Klinikum AG 208 12,577 Sixt AG 88 5,393 Stada Arzneimittel AG 212 13,526 Suedzucker AG 2,008 44,584 ------------- Total Germany 1,042,903 ------------- Hong Kong--0.0% Cross-Harbour (Holdings) Ltd. 4,000 4,196 ------------- Ireland--0.4% C&C Group PLC 2,556 34,451 Glanbia PLC 2,316 11,198 Greencore Group PLC 2,396 18,056 Iaws Group PLC 424 8,882 Kerry Group PLC Class A 555 15,516 United Drug PLC 1,201 6,494 ------------- Total Ireland 94,597 ------------- Italy--1.3% Autostrada Torino-Milano SpA 1,157 27,986 Autostrade SpA 4,223 140,417 Davide Campari-Milano SpA 1,473 15,428 Fiera Milano SpA 420 4,532 Luxottica Group SpA 1,852 71,984 Mirato SpA 192 2,295 Recordati SpA 1,621 13,530 Societa Iniziative Autostradali e Servizi SpA 1,828 29,749 ------------- Total Italy 305,921 ------------- Japan--7.3% Ajinomoto Co., Inc. 2,000 23,013 Alfresa Holdings Corp. 300 20,867 Asahi Breweries, Ltd. 2,000 30,949 Astellas Pharma, Inc. 3,800 164,930 Chugai Pharmaceutical Co., Ltd. 2,000 35,872 Coca-Cola West Holdings Co., Ltd. 400 9,280 Dai Nippon Printing Co., Ltd. 4,000 59,565 Daiichi Sankyo Co., Ltd. 3,700 97,972 Dainippon Sumitomo Pharma Co., Ltd. 1,000 9,992 Eisai Co., Ltd. 1,600 69,703 Fancl Corp. 400 5,863 Fuji Oil Co., Ltd. 400 3,116 Goodwill Group Inc. (The) 4 1,373 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree International Consumer Non-Cyclical Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Hisamitsu Pharmaceutical Co., Inc. 400 $ 11,013 Hokuto Corp. 400 7,255 House Foods Corp. 400 6,131 ITO EN Ltd. 400 13,118 Japan Tobacco, Inc. 24 118,159 Kagome Co., Ltd. 400 6,303 Kao Corp. 3,000 77,493 Katokichi Co., Ltd. 800 4,755 Kikkoman Corp. 1,000 14,835 Kirin Brewery Co., Ltd. 4,000 59,695 Kyowa Hakko Kogyo Co., Ltd. 4,000 37,670 Mediceo Paltac Holdings Co., Ltd. 1,300 19,874 Meiji Dairies Corp. 2,000 12,713 Meitec Corp. 400 11,434 Mikuni Coca-Cola Bottling Co., Ltd. 400 4,143 Mitsui Sugar Co., Ltd. 4,000 13,053 Nichii Gakkan Co. (a) 400 6,407 Nihon Kohden Corp. 400 7,401 Nippon Meat Packers, Inc. 2,000 24,131 Nippon Suisan Kaisha Ltd. 1,200 7,667 Nisshin Seifun Group, Inc. 2,000 19,742 Nissin Food Products Co., Ltd. 400 13,377 Nosan Corp. 4,000 11,531 Paramount Bed Co., Ltd. 400 6,135 Paris Miki, Inc. (a) 400 5,406 QP Corp. 800 7,670 Sakata Seed Corp. (a) 400 4,972 Secom Co., Ltd. 800 37,637 Seikagaku Corp. 400 4,645 Shimadzu Corp. 2,000 20,989 Shionogi & Co., Ltd. 1,000 16,276 Shiseido Co., Ltd. 2,000 42,593 Sohgo Security Services Co., Ltd. 400 6,996 Suzuken Co., Ltd. 400 12,470 T. Hasegawa Co., Ltd. 400 6,656 Taisho Pharmaceutical Co., Ltd. 1,000 19,798 Takeda Pharmaceutical Co., Ltd. 5,000 322,280 Tanabe Seiyaku Co., Ltd. 1,000 11,887 Terumo Corp. 400 15,418 Toho Pharmaceutical Co., Ltd. 400 6,689 Topcon Corp. 400 6,656 Toppan Forms Co., Ltd. 800 9,633 Toppan Printing Co., Ltd. 4,000 42,917 Uni-Charm Corp. 400 22,641 Valor Co., Ltd. 400 4,551 Yakult Honsha Co., Ltd. 400 10,106 Zenrin Co., Ltd. 400 10,462 ------------- Total Japan 1,695,878 ------------- Netherlands--7.9% CSM N.V. 995 35,275 Heineken Holding N.V. 1,317 68,212 Heineken N.V. 2,292 134,622 Koninklijke Wessanen N.V. 1,509 25,088 Nutreco Holding N.V. 160 11,701 Randstad Holdings N.V. 635 50,470 Unilever N.V. 20,498 638,383 Unilever N.V. 26,381 818,751 USG People N.V. 563 26,537 Vedior N.V. 983 29,486 ------------- Total Netherlands 1,838,525 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree International Consumer Non-Cyclical Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- New Zealand--0.2% Fisher & Paykel Healthcare Corp. 6,909 $ 17,988 PGG Wrightson Ltd. 6,713 8,920 Port of Tauranga Ltd. 2,751 14,962 Ryman Healthcare Ltd. 3,715 6,371 ------------- Total New Zealand 48,241 ------------- Norway--0.8% Orkla ASA 9,600 182,041 ------------- Portugal--0.4% Brisa-Auto Estradas de Portugal S.A. 6,467 86,903 ------------- Singapore--0.8% China Merchants Holdings Pacific Ltd. 12,000 7,179 Fraser and Neave Ltd. 16,000 57,014 Parkway Holdings Ltd. 12,000 31,384 Raffles Education Corp., Ltd. 8,000 11,926 SIA Engineering Co., Ltd. 8,000 24,898 Singapore Airport Terminal Services Ltd. 16,000 32,430 Singapore Food Industries Ltd. 12,000 7,218 Want Want Holdings Ltd. 8,000 18,400 ------------- Total Singapore 190,449 ------------- Spain--1.9% Abertis Infraestructuras S.A. (a) 5,357 166,619 Altadis, S.A. 2,536 168,510 Campofrio Alimentacion S.A. 765 15,188 Cintra Concesiones de Infraestructuras de Transporte, S.A. 1,365 21,753 Ebro Puleva, S.A. 1,189 25,645 Europistas, Concesionaria Espanola, S.A. 1,121 11,718 FAES FARMA, S.A. 560 12,698 Prosegur Cia de Seguridad S.A. 384 14,718 ------------- Total Spain 436,849 ------------- Sweden--0.7% Axfood AB 1,000 35,437 Getinge AB Class B 1,600 34,591 Securitas AB Class B 3,200 50,866 Swedish Match AB 2,400 46,375 ------------- Total Sweden 167,269 ------------- Switzerland--11.5% Adecco S.A. 911 70,577 Nestle S.A. 2,719 1,033,822 Novartis AG 16,616 935,463 Roche Holding AG 3,369 597,602 SGS S.A. 36 42,650 ------------- Total Switzerland 2,680,114 ------------- United Kingdom--37.7% Aggreko PLC 2,610 30,084 Associated British Foods PLC 4,982 88,761 AstraZeneca PLC 19,773 1,064,387 Atkins WS PLC 663 13,595 Babcock International Group PLC 1,233 13,359 British American Tobacco PLC 29,136 992,598 Bunzl PLC 3,752 52,356 Cadbury Schweppes PLC 19,779 269,848 Capita Group PLC 4,224 61,527 communisis PLC 3,560 4,732 Davis Service Group PLC 2,851 35,608 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(concluded) WisdomTree International Consumer Non-Cyclical Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Dawson Holdings PLC 1,573 $ 3,330 De La Rue PLC 2,444 38,198 Dechra Pharmaceuticals PLC 512 3,575 Diageo PLC 33,988 707,148 Genus PLC 376 5,281 GlaxoSmithKline PLC 83,657 2,190,378 Greene King PLC 1,245 24,317 Hays PLC 12,848 44,144 Homeserve PLC 336 12,107 Imperial Tobacco Group PLC 8,616 398,804 Interserve PLC 1,736 16,544 Intertek Group PLC 939 18,538 ITE Group PLC 3,110 10,545 J. Sainsbury PLC 13,799 161,822 Michael Page International PLC 1,609 16,964 Nichols PLC 667 3,668 Office2office PLC 248 1,115 Premier Foods PLC 14,535 84,425 Rank Group PLC 13,043 48,739 Reckitt Benckiser PLC 5,628 308,829 Rentokil Initial PLC 35,267 113,566 Robert Walters PLC 428 3,315 RPS Group PLC 1,879 13,214 SABMiller PLC 12,616 320,450 Scottish & Newcastle PLC 16,162 207,692 Serco Group PLC 1,820 16,478 Shire PLC 955 23,778 Smith & Nephew PLC 5,077 63,053 St. Ives Group PLC 3,341 16,239 Tate & Lyle PLC 7,300 83,118 Tesco PLC 68,646 576,391 Unilever PLC 17,010 551,167 Wm Morrison Supermarkets PLC 12,814 77,771 ------------- Total United Kingdom 8,791,558 ------------- TOTAL COMMON STOCKS (Cost: $21,459,815) 23,171,653 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--0.7% MONEY MARKET FUNDS(b) --0.7% UBS Enhanced Yield Portfolio, 5.27% 1,638 1,638 UBS Private Money Market Fund LLC, 5.25% 163,108 163,108 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $164,746)(c) 164,746 ============= TOTAL INVESTMENTS IN SECURITIES--100.2% (Cost: $21,624,561)(d) 23,336,399 Liabilities in Excess of Cash, Foreign Currency and Other Assets--(0.2)% (37,557) ------------- NET ASSETS--100.0% $ 23,298,842 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $156,768 and the total market value of the collateral held by the Fund was $164,746. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 5 WisdomTree International Consumer Non-Cyclical Sector Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Pharmaceuticals 33.4% Food 29.4% Beverages 11.0% Commercial Services 8.5% Agriculture 7.9% Cosmetics/Personal Care 4.2% Healthcare-Services 2.7% Household Products/Wares 2.0% Biotechnology 0.4% Other 0.5% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree International Energy Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.8% Australia--11.2% Caltex Australia Ltd. (a) 29,641 $ 595,240 MacArthur Coal Ltd. 7,948 45,651 Origin Energy Ltd. 79,990 674,564 Santos Ltd. 58,019 686,173 Woodside Petroleum Ltd. (a) 25,154 976,335 ------------- Total Australia 2,977,963 ------------- Austria--2.7% OMV AG 10,894 728,141 Schoeller-Bleckmann Oilfield Equipment AG 40 2,789 ------------- Total Austria 730,930 ------------- Finland--2.4% Neste Oil Oyj 16,085 632,808 ------------- France--11.9% Bourbon S.A. 40 2,504 Etablissements Maurel et Prom 264 5,409 Technip S.A. 8,345 690,872 TOTAL S.A. 30,551 2,486,367 ------------- Total France 3,185,152 ------------- Hong Kong--4.4% CNOOC Ltd. 1,046,000 1,185,428 ------------- Italy--10.9% Eni SpA 61,264 2,225,709 Saipem SpA 20,225 692,704 ------------- Total Italy 2,918,413 ------------- Japan--8.8% Cosmo Oil Co., Ltd. 3,000 16,519 Nippon Mining Holdings Inc. 59,000 564,703 Nippon Oil Corp. 67,000 621,742 Showa Shell Sekiyu K.K. 46,800 579,434 TonenGeneral Sekiyu K.K. 58,000 564,995 ------------- Total Japan 2,347,393 ------------- Netherlands--2.3% Fugro N.V. 624 39,651 SBM Offshore N.V. 14,805 565,856 ------------- Total Netherlands 605,507 ------------- New Zealand--2.1% New Zealand Refining Co., Ltd. (The) 97,305 563,797 ------------- Norway--8.1% Norsk Hydro ASA 26,550 1,024,897 ProSafe ASA 1,600 25,600 Statoil ASA 35,450 1,101,370 ------------- Total Norway 2,151,867 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(concluded) WisdomTree International Energy Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Singapore--0.1% CH Offshore Ltd. 20,000 $ 9,677 KS Energy Services Ltd. 4,000 9,834 Singapore Petroleum Co., Ltd. 5,000 18,798 ------------- Total Singapore 38,309 ------------- Spain--7.2% Cia Espanola de Petroleos S.A (a) 8,198 767,276 Repsol YPF, S.A. 29,066 1,148,211 ------------- Total Spain 1,915,487 ------------- United Kingdom--27.7% BG Group PLC 49,588 817,317 BP PLC 211,572 2,559,657 Burren Energy PLC 616 10,097 Expro International Group PLC 796 15,595 John Wood Group PLC 2,812 19,098 Royal Dutch Shell PLC Class A 48,644 1,983,367 Royal Dutch Shell PLC Class B 45,667 1,908,526 Tullow Oil PLC 7,228 70,769 ------------- Total United Kingdom 7,384,426 ------------- TOTAL COMMON STOCKS (Cost: $22,767,478) 26,637,480 ============= RIGHTS*--0.0% France--0.0% Bourbon S.A., expiring on 7/05/07 (Cost: $0) 24 1,502 ------------- TOTAL LONG-TERM INVESTMENTS (Cost: $22,767,478) 26,638,982 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--6.9% MONEY MARKET FUNDS(b)--6.9% UBS Enhanced Yield Portfolio, 5.27% 807,578 807,578 UBS Private Money Market Fund LLC, 5.25% 1,024,822 1,024,822 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $1,832,400)(c) 1,832,400 ============= TOTAL INVESTMENTS IN SECURITIES--106.7% (Cost: $24,599,878)(d) 28,471,382 Liabilities in Excess of Cash, Foreign Currency and Other Assets--(6.7)% (1,788,464) ------------- NET ASSETS--100.0% $ 26,682,918 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $1,744,730 and the total market value of the collateral held by the Fund was $1,832,400. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 2 WisdomTree International Energy Sector Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Oil & Gas 91.9% Oil & Gas Services 7.8% Coal 0.1% Other 0.2% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree International Financial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.6% Australia--11.9% AMP Ltd. 18,567 $ 159,413 ASX Ltd. 1,270 52,473 Australia & New Zealand Banking Group Ltd. 16,839 414,157 AXA Asia Pacific Holdings Ltd. 6,778 42,726 Cabcharge Australia Ltd. 723 7,612 Challenger Financial Services Group Ltd. 2,663 13,172 Commonwealth Bank of Australia 11,814 553,771 Insurance Australia Group Ltd. 18,558 89,744 IOOF Holdings Ltd. 200 1,729 Lend Lease Corp., Ltd. 3,809 59,913 Macquarie Bank Ltd. 1,960 141,343 MFS Ltd. 1,501 7,386 National Australia Bank Ltd. 13,315 463,380 Peet Ltd. 1,174 4,104 Perpetual Ltd. 359 23,912 QBE Insurance Group Ltd. 4,791 126,818 St.George Bank Ltd. 3,136 94,264 Suncorp-Metway Ltd. 6,562 112,290 Timbercorp. Ltd. 1,254 2,234 Westpac Banking Corp. 17,520 381,410 ------------- Total Australia 2,751,851 ------------- Austria--0.5% Bank Austria Creditanstalt AG 571 110,276 Wiener Staedtische AG 188 13,406 ------------- Total Austria 123,682 ------------- Belgium--3.4% Dexia N.V. 5,194 162,813 Fortis N.V. 8,202 349,043 KBC Ancora 352 41,217 KBC Groep N.V. 1,701 229,775 ------------- Total Belgium 782,848 ------------- Bermuda--0.0% Catlin Group Ltd. 67 644 ------------- Denmark--0.9% Codan A/S 100 10,907 Danske Bank A/S 4,100 168,161 Hannover Rueckversicherung AG 59 2,865 Sydbank A/S 50 2,396 TrygVesta A/S 250 19,645 ------------- Total Denmark 203,974 ------------- Finland--0.6% Citycon Oyj* 1,006 6,481 OKO Bank PLC Class A 1,250 23,246 Sampo Oyj Class A 3,521 101,573 Technopolis Oyj 120 1,128 ------------- Total Finland 132,428 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International Financial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- France--12.4% Assurances Generales de France 1,062 $ 178,152 AXA S.A. 14,455 624,905 BNP Paribas 5,888 702,642 CNP Assurances S.A. 615 78,864 Credit Agricole S.A. (a) 11,097 452,459 Euler Hermes S.A. 149 21,190 Fonciere Des Regions 263 38,542 Klepierre 280 47,621 Natixis S.A. 10,138 247,549 SCOR 131 3,563 Societe Generale 2,606 484,041 ------------- Total France 2,879,528 ------------- Germany--5.4% Allianz SE 1,615 378,624 AMB Generali Holding AG 125 19,114 AWD Holding AG 256 10,919 Commerzbank AG 1,749 83,831 Deutsche Bank AG 2,752 400,699 Deutsche Boerse AG 265 29,974 Deutsche Postbank AG 559 49,125 Hypo Real Estate Holding AG 431 27,946 IKB Deutsche Industriebank AG 367 13,407 MLP AG 196 3,777 MPC Munchmeyer Petersen Capital AG 108 11,063 Muenchener Ruckversicherungs-Gesellschaft AG 1,245 228,995 ------------- Total Germany 1,257,474 ------------- Hong Kong--3.7% Bank of East Asia Ltd. 9,600 54,030 BOC Hong Kong (Holdings) Ltd. 76,000 181,010 Cheung Kong (Holdings) Ltd. 8,000 104,785 China Overseas Land & Investment Ltd. 16,000 24,968 CITIC International Financial Holdings Ltd. 20,000 16,884 Hang Seng Bank Ltd. 15,500 209,762 Henderson Investment Ltd. 8,000 11,522 Hong Kong Exchanges and Clearing Ltd. 4,000 56,537 Hopewell Holdings Ltd. 4,000 16,322 New World Development Ltd. 12,000 30,023 Shun TAK Holdings Ltd.* 8,000 11,768 Sino Land Co. 8,000 16,659 Sun Hung Kai Properties Ltd. 11,000 132,402 ------------- Total Hong Kong 866,672 ------------- Ireland--1.2% Allied Irish Banks PLC 4,824 131,669 Bank of Ireland 5,074 102,585 FBD Holdings PLC 88 3,773 FBD Holdings PLC Redemption Shares 88 594 Irish Life & Permanent PLC 1,198 30,175 McInerney Holdings PLC 1,600 5,104 ------------- Total Ireland 273,900 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree International Financial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Italy--10.3% Alleanza Assicurazioni SpA (a) 5,030 $ 65,759 Assicurazioni Generali SpA (a) 5,418 217,762 Banca Carige SpA 3,230 15,028 Banca CR Firenze 1,959 16,483 Banca Intermobiliare SpA 159 1,598 Banca Intesa SpA 112,242 838,285 Banca Monte dei Paschi di Siena SpA 6,998 47,398 Banca Popolare dell'Etruria e del Lazio 120 2,486 Banca Popolare di Milano S.c.r.l. 787 12,032 Banca Popolare di Sondrio Scarl 579 10,205 Banche Popolari Unite S.c.r.l. 3,081 78,436 Banco di Desio e della Brianza SpA 220 2,555 Banco Popolare di Verona e Novara S.c.r.l. (a) 1,342 38,677 Capitalia SpA 12,950 128,899 Credito Artigiano SpA 791 4,300 Credito Emiliano SpA 963 13,682 Ergo Previdenza SpA 475 2,953 Fondiaria-SAI SpA 671 32,524 Mediobanca SpA 3,749 85,366 Mediolanum SpA (a) 2,555 21,325 Milano Assicurazioni SpA 3,086 25,715 Piccolo Credito Valtellinese Scarl 487 7,432 Pirelli & C Real Estate SpA 323 18,793 Premafin Finanziaria SpA 1,701 5,686 Risanamento SpA* 651 4,796 Societa Cattolica di Assicurazioni S.c.r.l. 252 14,604 UniCredito Italiano SpA 54,029 483,784 Unipol SpA 10,734 38,706 Vittoria Assicurazioni SpA 64 1,209 Zurich Financial Services AG 494 152,864 ------------- Total Italy 2,389,342 ------------- Japan--3.5% Bank of Kyoto Ltd. (The) 3,000 35,880 Century Leasing System, Inc. 400 5,584 Cosmo Securities Co., Ltd. (a) 4,000 6,834 Daito Trust Construction Co., Ltd. 400 19,013 Daiwa Securities Group, Inc. 4,000 42,528 Hiroshima Bank Ltd. (The) 4,000 22,122 Hokuhoku Financial Group, Inc. 4,000 12,924 Leopalace21 Corp. 400 13,636 Millea Holdings, Inc. 600 24,584 Mitsubishi UFJ Financial Group Inc. 8 88,101 Mitsui Sumitomo Insurance Co., Ltd. 3,000 38,431 Mitsui Trust Holdings, Inc. 4,000 34,787 Mizuho Financial Group, Inc. 8 55,257 Mizuho Trust & Banking Co., Ltd. 4,000 8,097 Nikko Cordial Corp. 4,500 58,703 Nomura Holdings, Inc. 8,400 163,245 OMC Card, Inc. 400 2,909 Sumitomo Mitsui Financial Group, Inc. 4 37,248 Sumitomo Real Estate Sales Co., Ltd. 40 3,129 Sumitomo Trust & Banking Co., Ltd. (The) 4,000 38,058 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree International Financial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Suruga Bank Ltd. 2,832 $ 35,614 T&D Holdings, Inc. 400 26,981 Tokyo Leasing Co., Ltd. 400 5,950 Tokyu Land Corp. 3,000 31,895 Urban Corp. 400 7,272 ------------- Total Japan 818,782 ------------- Netherlands--5.1% ABN AMRO Holding N.V. 9,409 432,684 AEGON N.V. 8,647 170,969 ING Groep N.V. 13,109 580,526 ------------- Total Netherlands 1,184,179 ------------- New Zealand--0.0% Infratil Ltd. 2,564 6,319 ------------- Norway--0.8% ABG Sundal Collier ASA 4,000 10,429 Acta Holding ASA 4,000 20,994 DnB NOR ASA 9,200 118,693 Storebrand ASA 2,400 37,424 ------------- Total Norway 187,540 ------------- Portugal--0.6% Banco BPI, S.A. 2,495 22,172 Banco Comercial Portugues, S.A. Class R 12,516 69,980 Banco Espirito Santo, S.A. 2,421 53,884 ------------- Total Portugal 146,036 ------------- Singapore--1.7% Ascott Group Ltd. (The) 8,000 9,572 DBS Group Holdings Ltd. 8,466 126,205 Guocoland Ltd. 4,000 12,710 MCL Land Ltd. 8,000 15,012 Oversea-Chinese Banking Corp. Ltd. 8,000 47,860 Singapore Exchange Ltd. 4,000 25,630 Straits Trading Co., Ltd. 4,000 12,030 United Overseas Bank Ltd. 8,139 117,073 UOB Kay Hian Holdings Ltd. 8,000 11,298 Wing Tai Holdings Ltd. 4,000 10,409 ------------- Total Singapore 387,799 ------------- Spain--7.9% Banco Bilbao Vizcaya Argentaria, Chile, S.A. 25,730 632,444 Banco Espanol de Credito S.A. 1,025 23,270 Banco Pastor S.A. 204 4,182 Banco Popular Espanol, S.A. 6,092 113,705 Banco Sabadell S.A. (a) 4,728 52,041 Banco Santander Central Hispano S.A. 47,324 874,976 Bankinter, S.A. 268 24,033 Corporacion Mapfre S.A. 6,964 34,611 Metrovacesa, S.A. 722 79,958 ------------- Total Spain 1,839,220 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree International Financial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Sweden--2.8% D. Carnegie & Co. AB 800 $ 14,029 Fabege AB 1,600 17,617 Intrum Justitia AB 800 10,675 Investment AB Kinnevik Class B 400 7,875 Kungsleden AB 1,200 15,006 Nordea Bank AB 16,000 250,831 Ratos AB Class B 800 25,492 Skandinaviska Enskilda Banken AB Class A 2,400 77,699 Svenska Handelsbanken AB Class A 3,600 101,062 Swedbank AB Class A 3,200 116,199 ------------- Total Sweden 636,485 ------------- Switzerland--4.0% Baloise Holding AG 216 21,343 Converium Holding AG 156 2,864 Credit Suisse Group 3,996 284,800 Swiss Reinsurance Co. 1,577 143,984 UBS AG 7,573 454,774 Vontobel Holding AG 197 11,316 ------------- Total Switzerland 919,081 ------------- United Kingdom--22.9% Aberdeen Asset Management PLC 1,877 7,381 Admiral Group PLC 703 12,539 Alliance & Leicester PLC 3,525 78,220 Amlin PLC 3,250 18,307 Amvescap PLC 2,623 34,023 Atrium Underwriting PLC 407 2,415 Aviva PLC 15,397 229,680 Barclays PLC 45,946 641,598 Beazley Group PLC 2,324 6,854 Bradford & Bingley PLC 585 4,639 Brewin Dolphin Holdings PLC 919 4,029 Brit Insurance Holdings PLC 4,084 28,208 Capital & Regional PLC 192 4,480 Charles Taylor Consulting PLC 160 1,250 Chesnara PLC 1,294 4,453 Close Brothers Group PLC 715 12,351 Datamonitor PLC 192 2,458 Domestic & General Group PLC 180 4,912 DTZ Holdings PLC 419 4,371 Erinaceous Group PLC 347 1,497 F&C Asset Management PLC 4,268 15,778 Friends Provident PLC 9,483 34,095 Hardy Underwriting Group PLC 232 1,287 HBOS PLC 24,130 477,112 Helical Bar PLC 635 5,899 Highway Insurance Holdings PLC 2,479 3,681 HSBC Holdings PLC 81,768 1,501,105 ICAP PLC 1,877 18,604 Intermediate Capital Group PLC 391 12,207 Investec PLC 1,777 22,925 Jardine Lloyd Thompson Group PLC 2,080 17,329 Legal & General Group PLC 26,490 79,775 Liontrust Asset Management PLC 156 1,252 Lloyds TSB Group PLC 58,579 653,466 London Stock Exchange Group PLC 304 8,265 Man Group PLC 5,797 70,832 McKay Securities PLC 204 1,644 Northern Rock PLC 594 10,345 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(concluded) WisdomTree International Financial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Numis Corp. PLC 168 $ 1,072 Old Mutual PLC 37,875 128,348 Provident Financial PLC 2,603 36,688 Prudential PLC 11,398 163,280 RAB Capital PLC 2,942 5,947 Resolution PLC 663 8,327 Royal & Sun Alliance Insurance Group 4,901 14,307 Royal Bank of Scotland Group (The) PLC 59,541 756,183 Schroders PLC 823 21,152 St. James's Place PLC 715 6,125 Standard Chartered PLC 3,731 122,017 Unite Group PLC 567 4,579 Warner Estate Holdings PLC 256 3,380 ------------- Total United Kingdom 5,310,671 ------------- TOTAL COMMON STOCKS (Cost: $22,081,283) 23,098,455 ============= RIGHTS* - 0.0% Italy - 0.0% Unipol SpA, expiring 7/03/07 (Cost: $0) 10,734 -- ------------- TOTAL LONG-TERM INVESTMENTS (Cost: $22,081,283) 23,098,455 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--1.7% MONEY MARKET FUNDS(b) --1.7% UBS Enhanced Yield Portfolio, 5.27% 301,666 301,666 UBS Private Money Market Fund LLC, 5.25% 100,653 100,653 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $402,319)(c) 402,319 ============= TOTAL INVESTMENTS IN SECURITIES --101.3% (Cost: $22,483,602)(d) 23,500,774 Liabilities in Excess of Cash, Foreign Currency and Other Assets --(1.3)% (306,612) ------------- NET ASSETS --100.0% $ 23,194,162 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $382,588 and the total market value of the collateral held by the Fund was $402,319. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 6 WisdomTree International Financial Sector Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Banks 68.2% Insurance 19.1% Diversified Financial Services 8.7% Real Estate 3.0% REITS 0.4% Investment Companies 0.2% Engineering & Construction 0.0% # Other 0.4% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. # Amount represents less than 0.05%. Schedule of Investments (unaudited) WisdomTree International Health Care Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.8% Australia--8.0% Cochlear Ltd. 4,881 $ 252,604 CSL Ltd. (Australia) 4,087 305,132 Healthscope Ltd. (a) 48,622 215,742 Primary Health Care Ltd. 14,025 151,115 Ramsay Health Care Ltd. 14,101 134,109 Sigma Pharmaceuticals Ltd. 95,169 171,172 Sonic Healthcare Ltd. 21,237 271,343 Symbion Health Ltd. 66,632 230,645 ------------- Total Australia 1,731,862 ------------- Belgium--1.5% Omega Pharma S.A. 128 11,103 UCB S.A. 5,342 316,362 ------------- Total Belgium 327,465 ------------- Denmark--4.8% Coloplast A/S Class B 1,350 109,638 H. Lundbeck A/S 8,100 205,800 Novo-Nordisk A/S Class B 4,450 484,556 Novozymes A/S Class B 2,000 232,296 ------------- Total Denmark 1,032,290 ------------- Finland--1.2% Orion Oyj Class B 10,258 256,852 ------------- France--10.4% BioMerieux 1,359 116,731 Cie Generale D'Optique Essilor International S.A. 2,989 356,731 Ipsen 3,431 176,082 Sanofi-Aventis (a) 19,769 1,604,612 ------------- Total France 2,254,156 ------------- Germany--10.4% Bayer Schering Pharma AG 6,271 879,960 Celesio AG 3,373 219,297 Fresenius AG 3,347 257,295 Fresenius Medical Care AG & Co. KGaA 7,191 331,464 Merck KGaA (a) 1,844 254,147 Rhoen-Klinikum AG 2,880 174,137 Stada Arzneimittel AG 2,229 142,210 ------------- Total Germany 2,258,510 ------------- Ireland--0.1% United Drug PLC 3,277 17,719 ------------- Italy--2.7% Luxottica Group SpA 9,623 374,034 Recordati SpA 26,604 222,048 ------------- Total Italy 596,082 ------------- Japan--19.5% Alfresa Holdings Corp. 400 27,823 Astellas Pharma, Inc. 9,200 399,304 Chugai Pharmaceutical Co., Ltd. 15,200 272,626 Daiichi Sankyo Co., Ltd. 13,100 346,872 Dainippon Sumitomo Pharma Co., Ltd. 16,000 159,877 Eisai Co., Ltd. 7,200 313,665 Hisamitsu Pharmaceutical Co., Inc. 4,800 132,151 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International Health Care Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Hogy Medical Co., Ltd. 100 $ 4,454 Kaken Pharmaceutical Co., Ltd. 2,000 14,527 Kobayashi Pharmaceutical Co., Ltd. 400 13,312 Kyowa Hakko Kogyo Co., Ltd. 22,000 207,182 Mediceo Paltac Holdings Co., Ltd. 12,200 186,514 Miraca Holdings, Inc. 400 8,000 Mochida Pharmaceutical Co., Ltd. 1,000 9,417 Nihon Kohden Corp. 800 14,802 Nipro Corp. 7,000 143,690 Paramount Bed Co., Ltd. 800 12,269 Paris Miki, Inc. (a) 10,800 145,959 Seikagaku Corp. 800 9,289 Shimadzu Corp. 3,000 31,483 Shionogi & Co., Ltd. 11,000 179,036 SSP Co., Ltd. 3,000 14,551 Suzuken Co., Ltd. 4,000 124,701 Sysmex Corp. 300 11,053 Taisho Pharmaceutical Co., Ltd. 12,000 237,580 Takeda Pharmaceutical Co., Ltd. 12,600 812,146 Tanabe Seiyaku Co., Ltd. 16,000 190,194 Terumo Corp. 5,200 200,429 Toho Pharmaceutical Co., Ltd. 400 6,689 Topcon Corp. 400 6,656 Tsumura & Co. 300 5,527 ------------- Total Japan 4,241,778 ------------- Netherlands--0.6% Opg Groep N.V. 3,601 131,261 ------------- New Zealand--1.1% Fisher & Paykel Healthcare Corp. 75,683 197,040 Ryman Healthcare Ltd. 10,460 17,940 ------------- Total New Zealand 214,980 ------------- Singapore--1.1% Parkway Holdings Ltd. 87,000 227,533 ------------- Spain--0.6% FAES FARMA, S.A. 5,864 132,971 ------------- Sweden--0.2% Getinge AB Class B 400 8,648 Meda AB Class A 900 14,208 Q-Med AB 850 12,148 ------------- Total Sweden 35,004 ------------- Switzerland--16.1% Nobel Biocare Holding AG 757 247,371 Novartis AG 27,375 1,541,185 Phonak Holding AG 1,167 104,741 Roche Holding AG 7,813 1,385,890 Straumann Holding AG 777 218,087 ------------- Total Switzerland 3,497,274 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(concluded) WisdomTree International Health Care Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- United Kingdom--21.6% AstraZeneca PLC 31,027 $ 1,670,194 Dechra Pharmaceuticals PLC 1,410 9,845 GlaxoSmithKline PLC 86,830 2,273,457 Shire PLC 9,865 245,626 Smith & Nephew PLC 21,304 264,581 SSL International PLC 25,724 225,412 ------------- Total United Kingdom 4,689,115 ------------- TOTAL COMMON STOCKS (Cost: $21,212,533) 21,644,852 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--7.6% MONEY MARKET FUNDS(b) --7.6% UBS Enhanced Yield Portfolio, 5.27 908,348 908,348 UBS Private Money Market Fund LLC, 5.25% 750,910 750,910 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $1,659,258)(c) 1,659,258 ============= TOTAL INVESTMENTS IN SECURITIES--107.4% (Cost: $22,871,791)(d) 23,304,110 Liabilities in Excess of Cash, Foreign Currency and Other Assets -- (7.4)% (1,600,726) ------------- NET ASSETS--100.0% $ 21,703,384 ============= (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $1,577,744 and the total market value of the collateral held by the Fund was $1,659,258. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 3 WisdomTree International Health Care Sector Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Pharmaceuticals 75.0% Healthcare-Products 13.6% Healthcare-Services 8.7% Biotechnology 2.5% Other 0.2% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree International Industrial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.5% Australia--9.8% Adelaide Brighton Ltd. 34,778 $ 108,286 Amcor Ltd. 51,819 328,406 Ansell Ltd. 2,877 29,778 Asciano Group* 7,359 63,245 Boral Ltd. 39,828 296,339 Bradken Ltd. (a) 6,304 57,227 Cardno Ltd. 2,681 16,604 Coffey International Ltd. 4,851 17,656 Crane Group Ltd. 4,319 61,816 CSR Ltd. (a) 85,424 252,209 Downer EDI Ltd. 12,536 78,278 Futuris Corp., Ltd. 39,548 93,276 GUD Holdings Ltd. 6,381 49,697 GWA International Ltd. (a) 24,022 90,081 Hills Industries Ltd. (a) 14,419 65,202 Leighton Holdings Ltd. 8,841 309,404 Monadelphous Group Ltd. 3,775 46,664 Rinker Group Ltd. 31,305 500,375 Sedgman Ltd. 7,609 20,722 Sims Group Ltd. 10,105 227,187 Toll Holdings Ltd. 18,731 230,266 Transfield Services Ltd. 7,683 72,418 Transpacific Industries Group Ltd. 114 1,292 United Group Ltd. 5,650 79,811 Wesfarmers Ltd. 40,045 1,553,639 WorleyParsons Ltd. 4,186 120,748 ------------- Total Australia 4,770,626 ------------- Austria--0.7% Andritz AG 868 57,430 AT&S Austria Technologie & Systemtechnik AG 511 12,836 Flughafen Wien AG 728 71,892 Semperit AG Holding 651 27,959 Wienerberger AG 2,457 181,511 ------------- Total Austria 351,628 ------------- Belgium--1.4% Agfa-Gevaert N.V. 4,421 114,400 Barco N.V. 385 35,711 Bekaert S.A. 567 83,353 Compagnie Maritime Belge S.A. 3,389 238,142 Euronav N.V. 4,552 165,804 EVS Broadcast Equipment S.A. 413 34,030 Exmar N.V. 452 14,712 ------------- Total Belgium 686,152 ------------- Denmark--0.6% DSV A/S 1,490 29,272 FLSmidth & Co. A/S 700 55,134 NKT Holding A/S 525 52,308 TORM Dampskibsselskabet A/S 4,200 157,399 ------------- Total Denmark 294,113 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International Industrial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Finland--2.5% Ahlstrom Oyj 39 $ 1,146 Aspo Oyj 1,759 16,178 Cargotec Corp. 256 15,790 Huhtamaki Oyj 3,173 53,223 KCI Konecranes Oyj 1,057 44,411 Kone Oyj 1,727 109,063 Lassila & Tikanoja Oyj 1,022 34,645 Metso Oyj 7,129 421,902 Uponor Corp. 3,213 125,146 Wartsila Oyj Class B 4,168 275,263 YIT Oyj 3,523 111,099 ------------- Total Finland 1,207,866 ------------- France--16.2% Bacou Dalloz 91 13,850 Bouygues S.A. 10,583 888,873 CFF RECYCLING 427 31,689 Cie de Saint-Gobain S.A. 10,443 1,175,832 Ciments Francais 819 188,623 EIFFAGE 1,683 240,708 Haulotte Group 637 26,583 Imerys S.A. 2,366 240,007 Lafarge S.A. 5,252 960,404 Legrand S.A. 5,914 213,816 Manitou BF S.A. 1,078 68,718 Nexans S.A. 553 92,461 Safran S.A. 4,709 120,771 Schneider Electric S.A. 10,047 1,412,937 Ste Industrielle d'Aviation Latecoere S.A. 405 13,631 Thales S.A. 6,346 388,419 Vallourec S.A. 1,065 342,625 VINCI S.A. 17,808 1,334,326 Zodiac S.A. 1,321 101,514 ------------- Total France 7,855,787 ------------- Germany--10.5% Balda AG 3,579 51,285 Bilfinger Berger AG 854 75,742 Deutsche Post AG 45,607 1,480,116 Fraport AG Frankfurt Airport Services Worldwide 1,553 110,911 HeidelbergCement AG 1,019 153,227 Heidelberger Druckmaschinen AG 728 35,326 HOCHTIEF AG 1,565 170,547 Indus Holding AG 826 33,913 KRONES AG 147 34,227 Leoni AG 351 16,354 MAN AG 2,854 411,503 Norddeutsche Affinerie AG 1,974 87,231 Rheinmetall AG 588 54,779 Siemens AG 16,355 2,353,944 Techem AG 597 41,668 ------------- Total Germany 5,110,773 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree International Industrial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Hong Kong--0.8% Hong Kong Aircraft Engineering Co. Ltd. 2,800 $ 42,584 MTR Corp. 129,500 306,774 Singamas Container Holdings Ltd. 28,000 18,803 Techtronic Industries Co. Ltd. 28,000 37,391 ------------- Total Hong Kong 405,552 ------------- Ireland--1.2% CRH PLC 10,603 524,251 Kingspan Group PLC 1,500 41,955 ------------- Total Ireland 566,206 ------------- Italy--1.3% Astaldi SpA 1,605 14,361 BUZZI UNICEM SpA 4,109 142,009 Caltagirone SpA 1,015 12,180 Cementir-Cementerie del Tirreno 2,485 35,340 Finmeccanica SpA 8,483 261,557 Gewiss SpA 1,598 13,532 GranitiFiandre SpA 1,167 14,800 I.M.A. Industria Macchine Automatiche SpA 1,437 32,022 Italcementi SpA 2,934 90,821 Navigazione Montanari SpA 2,835 15,133 Premuda SpA 6,185 12,856 ------------- Total Italy 644,611 ------------- Japan--16.5% Advantest Corp. 1,200 52,180 Aichi Corp. 4,900 66,936 Alps Electric Co., Ltd. 2,800 27,933 Amada Co., Ltd. 7,000 87,348 Amano Corp. 1,400 19,703 Asahi Glass Co., Ltd. 19,000 256,010 Asahi Organic Chemicals Industry Co., Ltd. 7,000 26,811 Asahi Pretec Corp. 700 19,499 Asunaro Aoki Construction Co., Ltd. 1,000 6,203 Casio Computer Co., Ltd. 2,100 32,717 Chofu Seisakusho Co., Ltd. 700 14,737 CKD Corp. 4,900 52,295 Cleanup Corp. 1,400 10,271 CMK Corp. 4,200 44,076 Cosel Co., Ltd. 700 10,118 Daifuku Co., Ltd. 1,000 13,774 Daiichi Chuo Kisen Kaisha 7,000 32,876 Daikin Industries Ltd. 1,400 50,901 Dainippon Screen Manufacturing Co., Ltd. 2,000 15,078 Ebara Corp. 7,000 32,082 Fanuc Ltd. 4,000 412,001 Fuji Electric Holdings Co., Ltd. 7,000 35,483 FUJIFILM Holdings Corp. 3,500 156,160 Fujikura Ltd. 1,000 7,425 Furukawa Co., Ltd. (The) 1,000 2,170 Furukawa Electric Co., Ltd. 2,000 11,029 Hakudo Co., Ltd. 600 9,421 Hamamatsu Photonics K.K. 700 21,936 Hankyu Hanshin Holdings, Inc. 20,000 105,429 Hitachi Cable Ltd. 7,000 40,925 Hitachi Construction Machinery Co., Ltd. 1,400 48,634 Hitachi Ltd. 36,000 255,071 Hitachi Tool Engineering Ltd. 600 8,600 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree International Industrial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Hoya Corp. 9,500 $ 314,628 Ibiden Co., Ltd. 700 45,119 Idec Corp. 700 10,345 Iino Kaiun Kaisha Ltd. 2,100 24,895 JS Group Corp. 6,300 127,536 Kaga Electronics Co., Ltd. 700 12,442 Kajima Corp. 14,000 58,496 Kawasaki Heavy Industries Ltd. 7,000 28,568 Kawasaki Kisen Kaisha Ltd. 14,000 170,841 Keio Corp. 7,000 46,480 Kintetsu Corp. 14,000 42,058 Komatsu Ltd. 10,100 292,789 Kubota Corp. 24,000 194,340 Kurita Water Industries Ltd. 1,400 43,872 Kyocera Corp. 2,300 244,722 Mabuchi Motor Co., Ltd. 700 42,795 Maeda Corp. 2,000 8,859 Makita Corp. 1,400 62,124 Matsushita Electric Works Ltd. 7,000 89,332 Minebea Co., Ltd. 7,000 39,508 MISUMI Group, Inc. 700 11,847 Mitsubishi Electric Corp. 27,000 249,678 Mitsubishi Heavy Industries Ltd. 47,000 301,041 Mitsui Engineering & Shipbuilding Co., Ltd. 7,000 37,354 Mitsui O.S.K. Lines Ltd. 20,000 271,104 Mitsumi Electric Co., Ltd. 1,400 50,107 Miura Co., Ltd. 700 21,539 Nagoya Railroad Co., Ltd. 7,000 20,406 NEC Corp. 21,000 108,490 NEC Networks & System Integration Corp. 700 7,335 Nichicon Corp. 1,400 19,941 Nichiha Corp. 700 8,740 Nidec Copal Corp. 1,400 14,896 Nidec Copal Electronics Corp. 1,400 8,242 Nihon Yamamura Glass Co., Ltd. 7,000 18,025 Nippon Densetsu Kogyo Co., Ltd. 7,000 49,257 Nippon Express Co., Ltd. 14,000 79,469 Nippon Koei Co., Ltd. 7,000 20,916 Nippon Sheet Glass Co., Ltd. 7,000 31,912 Nippon Signal Co., Ltd. 1,400 9,092 Nippon Valqua Industries Ltd. 7,000 25,394 Nippon Yusen K.K. 29,000 265,590 Nishimatsu Construction Co., Ltd. 7,000 24,657 Nishi-Nippon Railroad Co., Ltd. 7,000 25,394 Nitto Kogyo Corp. 700 10,180 Nitto Kohki Co., Ltd. 700 14,964 NSK Ltd. 7,000 72,327 NTN Corp. 7,000 60,253 Obayashi Corp. 7,000 38,091 Odakyu Electric Railway Co., Ltd. 7,000 43,079 OKUMA Corp. 7,000 110,588 Okumura Corp. 7,000 35,767 Onoken Co., Ltd. 4,200 62,135 OSG Corp. 1,400 19,249 Rinnai Corp. 700 21,823 Ryosan Co., Ltd. 700 17,231 Sankyo-Tateyama Holdings Inc. 7,000 12,754 Sanshin Electronics Co., Ltd. 3,500 49,455 Sanwa Shutter Corp. 7,000 40,471 Sanyo Denki Co., Ltd. 7,000 46,990 Sato Corp. 700 13,037 Sharp Corp. 16,000 303,170 Shimizu Corp. 14,000 81,056 Shin-Etsu Polymer Co., Ltd. 700 9,534 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree International Industrial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Shinwa Kaiun Kaisha Ltd. 7,000 $ 54,075 Sodick Co Ltd. 3,400 24,338 Stanley Electric Co., Ltd. 2,100 45,573 Star Micronics Co., Ltd. 700 18,649 Sumida Corp. 700 10,209 Sumitomo Electric Industries Ltd. 5,600 83,255 Sumitomo Osaka Cement Co., Ltd. 7,000 18,535 Taihei Dengyo Kaisha Ltd. 1,000 7,571 Taiheiyo Cement Corp. 7,000 30,949 Taikisha Ltd. 1,400 19,601 Taisei Corp. 14,000 47,273 THK Co., Ltd. 1,400 35,030 Tobu Railway Co., Ltd. 7,000 31,572 Tocalo Co., Ltd. 700 17,005 Toda Corp. 7,000 37,184 Tokai Rubber Industries, Inc. 1,400 23,353 Tokyo Kikai Seisakusho Ltd. (a) 7,000 21,539 Tokyo Seimitsu Co., Ltd. 400 15,450 Tokyu Construction Co., Ltd. 3,260 18,584 Tokyu Corp. 7,000 46,706 Tori Holdings Co., Ltd. 162,000 36,730 Toshiba Corp. 41,000 356,897 Toshiba TEC Corp. 7,000 41,492 Toyo Seikan Kaisha Ltd. 1,400 26,981 Tsukishima Kikai Co., Ltd. 2,000 19,175 Ulvac, Inc. 400 14,349 Union Tool Co. 300 11,053 Ushio Inc. 1,400 31,005 Yamatake Corp. 700 21,313 Yamato Holdings Co., Ltd. 7,000 98,798 Yokogawa Electric Corp. 2,100 28,126 Yurtec Corp. 7,000 38,771 ------------- Total Japan 7,959,302 ------------- Netherlands--4.9% Aalberts Industries N.V. 1,556 42,765 Arcadis N.V. 280 23,824 Boskalis Westminster 1,888 75,246 European Aeronautic Defence and Space Co. EADS N.V. 7,367 239,982 Heijmans N.V. 945 55,850 Koninklijke BAM Groep N.V. 3,159 89,509 Koninklijke Philips Electronics N.V. 26,157 1,114,900 Koninklijke Vopak N.V. 1,458 83,096 Smit Internationale N.V. 702 55,084 Stork N.V. 945 61,261 Ten Cate N.V. 609 23,350 TNT N.V. 11,260 508,376 ------------- Total Netherlands 2,373,243 ------------- New Zealand--1.1% Auckland International Airport Ltd. 76,772 194,537 Fletcher Building Ltd. 28,917 275,897 Freightways Ltd. 9,181 27,875 Mainfreight Ltd. 2,548 14,567 ------------- Total New Zealand 512,876 ------------- See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree International Industrial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Norway--0.7% Aker Kvaerner ASA 1,400 $ 35,555 Aker Yards ASA 4,200 73,243 BW Gas ASA 7,600 99,401 Camillo Eitzen & Co. ASA 2,300 23,754 Tomra Systems ASA 1,400 12,255 Veidekke ASA 7,000 74,073 ------------- Total Norway 318,281 ------------- Portugal--0.3% Mota Engil, SGPS S.A. 5,118 49,076 Semapa-Sociedade de Investimento e Gestao, SGPS S.A. 6,568 118,331 ------------- Total Portugal 167,407 ------------- Singapore--2.8% ComfortDelgro Corp., Ltd. 91,000 129,707 Cosco Corp.(Singapore) Ltd. 21,000 51,352 Delong Holdings Ltd. 200 492 Elec & Eltek International Co., Ltd. 14,000 31,780 Hong Leong Asia Ltd. 14,000 31,305 Jaya Holdings Ltd. 42,000 48,056 Jurong Technologies Industrial Corp., Ltd. 14,000 8,284 Labroy Marine Ltd. 7,000 12,037 MMI Holding Ltd. 21,000 22,518 Neptune Orient Lines Ltd. 6,000 20,792 Pan-United Corp., Ltd. 28,000 18,856 Pan-United Marine Ltd. 21,000 32,541 SBS Transit Ltd. 17,500 37,759 SembCorp. Industries Ltd. 73,000 272,059 SembCorp.Marine Ltd. 70,000 224,264 Singapore Post Ltd. 119,000 98,813 Singapore Technologies Engineering Ltd. 42,000 98,859 SMRT Corp., Ltd. 91,000 117,212 Unisteel Technology Ltd. 8,000 11,717 United Engineers Ltd. 7,000 17,850 Venture Corp., Ltd. 7,000 71,856 WBL Corp., Ltd. 7,000 22,793 ------------- Total Singapore 1,380,902 ------------- Spain--5.6% Abengoa S.A. 630 25,925 Acciona, S.A. 1,589 434,140 ACS, Actividades Cons y Servicious, S.A. 8,107 518,101 Cementos Portland Valderrivas S.A. 564 70,382 Duro Felguera S.A. 1,493 15,829 Fomento de Construcciones y Contratas S.A. 6,124 553,727 Gamesa Corp. Tecnologica S.A. 2,443 89,084 Grupo Ferrovial S.A. 2,226 219,612 Obrascon Huarte Lain, S.A. 1,029 46,542 Sacyr Vallehermoso S.A. (a) 7,123 343,720 Tubacex S.A. 1,906 16,088 Zardoya Otis S.A. (a) 9,473 372,298 ------------- Total Spain 2,705,448 ------------- Sweden--8.4% AB Volvo Class A 4,700 96,643 AB Volvo Class B 62,450 1,247,689 Alfa Laval AB 2,800 169,457 Assa Abloy AB Class B 9,800 216,517 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree International Industrial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Atlas Copco AB Class A 19,600 $ 328,706 Brostrom AB Class B 4,200 44,559 Gunnebo AB 82 990 Hexagon AB-B SHS 4,200 81,156 Hoganas AB Class B 1,400 41,548 JM AB 2,800 85,341 NCC AB Class B 2,100 56,809 Peab AB 2,100 65,537 Saab AB Class B 2,800 74,316 Sandvik AB 38,600 782,448 Skanska AB Class B 16,800 361,371 SKF AB Class B 15,400 324,520 Trelleborg AB Class B 2,800 77,379 ------------- Total Sweden 4,054,986 ------------- Switzerland--2.9% ABB Ltd. 22,876 518,890 Geberit AG 332 56,616 Holcim Ltd. 4,361 472,537 Kuehne + Nagel International AG 1,661 152,873 Panalpina Welttransport Holding AG 441 93,194 Schindler Holding AG Participating Shares 1,097 73,843 Sulzer AG 22 28,469 ------------- Total Switzerland 1,396,422 ------------- United Kingdom--11.4% Abacus Group PLC 3,789 7,507 Abbot Group PLC 3,649 19,639 Aga Foodservice Group PLC 3,068 23,129 Alfred McAlpine PLC 3,432 29,609 Amec PLC 12,130 143,467 Arriva PLC 8,490 117,534 Avon Rubber PLC 3,672 13,151 BAE SYSTEMS PLC 115,822 941,136 Balfour Beatty PLC 10,912 96,987 BBA Aviation PLC 22,872 125,163 British Polythene Industries PLC 1,871 15,579 Business Post Group PLC 3,516 33,720 Carillion PLC 8,175 66,100 Castings PLC 2,100 12,429 Chemring Group PLC 392 15,462 Chloride Group PLC 5,851 19,751 Clarkson PLC 644 11,784 Cobham PLC 25,590 104,482 Dart Group PLC 5,223 10,977 Delta PLC 4,915 13,165 E2V Technologies PLC 1,563 11,862 Electrocomponents PLC 38,240 203,315 Ennstone PLC 11,850 11,888 Fenner PLC 5,739 27,289 Firstgroup PLC 15,527 208,099 FKI PLC 29,359 74,514 Galliford Try PLC 6,430 20,480 Go-Ahead Group PLC 1,759 92,464 Halma PLC 16,001 77,289 Hanson PLC 21,712 469,597 Hill & Smith Holdings PLC 2,247 16,545 Hornby PLC 2,289 11,895 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree International Industrial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- IMI PLC 13,831 $ 165,250 James Fisher & Sons PLC 1,230 14,856 Keller Group PLC 1,584 34,228 Laird Group PLC 4,673 51,238 Marshalls PLC 6,666 46,442 Meggitt PLC 12,270 75,823 Metalrax Group PLC 11,610 16,888 MJ Gleeson Group PLC 1,535 12,404 Morgan Sindall PLC 1,146 34,673 National Express Group PLC 2,770 59,411 Photo-Me International PLC 10,632 16,105 Premier Farnell PLC 21,192 85,037 Renishaw PLC 1,927 23,178 Rexam PLC 24,463 244,793 Ricardo PLC 1,927 13,367 ROK PLC 4,058 18,726 Rotork PLC 2,254 41,289 RPC Group PLC 3,684 21,102 Senior PLC 13,287 26,125 Severfield-Rowen PLC 581 26,403 Shanks Group PLC 9,881 49,363 SIG PLC 2,569 68,449 Smiths Group PLC 16,679 396,546 Spectris PLC 3,558 64,676 Spirax-Sarco Engineering PLC 2,212 44,558 Stagecoach Group PLC 26,901 98,635 T. Clarke PLC 2,814 12,026 TDG PLC 6,451 37,923 Titan Europe PLC 2,618 11,713 Tomkins PLC 45,398 236,819 Travis Perkins PLC 3,236 123,358 TT electronics PLC 11,899 43,927 Ultra Electronics Holdings PLC 1,279 27,791 UMECO PLC 1,486 17,441 Vitec Group (The) PLC 1,458 17,698 VT Group PLC 4,608 54,362 Wagon PLC 10,776 18,269 Weir Group (The) PLC 7,128 104,399 Whatman PLC 2,366 12,603 White Young Green PLC 1,514 13,715 WSP Group PLC 1,167 17,514 ------------- Total United Kingdom 5,545,131 ------------- TOTAL COMMON STOCKS (Cost: $45,043,922) 48,307,312 ============= See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(concluded) WisdomTree International Industrial Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--2.3% MONEY MARKET FUNDS(b)--2.3% UBS Enhanced Yield Portfolio, 5.27% 501,667 $ 501,667 UBS Private Money Market Fund LLC, 5.25% 630,718 630,718 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $1,132,385)(c) 1,132,385 ============= TOTAL INVESTMENTS IN SECURITIES--101.8% (Cost: $46,176,307)(d) 49,439,697 Liabilities in Excess of Cash, Foreign Currency and Assets--(1.8)% (858,479) ------------- NET ASSETS--100.0% $ 48,581,218 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $450,774 and the total market value of the collateral held by the Fund was $1,132,385. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 9 WisdomTree International Industrial Sector Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Engineering & Construction 18.9% Building Materials 15.3% Miscellaneous Manufacturers 14.4% Transportation 13.1% Machinery-Diversified 7.8% Electronics 7.6% Electrical Components & Equipment 7.2% Aerospace/Defense 5.1% Metal Fabricate/Hardware 3.3% Hand/Machine Tools 2.3% Machinery-Construction & Mining 1.7% Packaging & Containers 1.5% Shipbuilding 0.9% Environmental Control 0.3% Commercial Services 0.1% Retail 0.0% # Other 0.5% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. # Amount represents less than 0.05%. Schedule of Investments (unaudited) WisdomTree International Technology Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.7% Australia--3.8% Bravura Solutions Ltd. 2,424 $ 3,414 Computershare Ltd. 9,464 90,650 HPAL Ltd. 11,466 25,487 IBA Health Ltd. 4,114 3,874 MYOB Ltd. 5,933 6,544 Salmat Ltd. 9,938 36,255 Technology One Ltd. 16,856 17,447 UXC Ltd. 13,850 29,376 ------------- Total Australia 213,047 ------------- Belgium--0.8% Econocom Group S.A./N.V. 827 10,041 Melexis N.V. 1,953 35,265 ------------- Total Belgium 45,306 ------------- Denmark--0.5% SimCorp. A/S 115 27,549 ------------- Finland--1.4% Comptel PLC 2,861 7,921 Tekla Oyj 69 1,325 TietoEnator Corp. 2,163 69,818 ------------- Total Finland 79,064 ------------- France--8.4% CapGemini S.A. 2,726 200,169 Dassault Systemes S.A. 1,742 110,010 Neopost S.A. 946 138,635 Oberthur Card Systems S.A. 2,699 19,028 ------------- Total France 467,842 ------------- Germany--18.3% SAP AG 17,599 904,859 Software AG 498 48,661 Wincor Nixdorf AG 778 71,428 ------------- Total Germany 1,024,948 ------------- Japan--42.4% Canon Finetech Inc. 300 5,211 Canon Inc. 17,000 995,262 Capcom Co., Ltd. 1,200 22,349 CSK Holdings Corp. 1,000 35,143 FUJI SOFT, Inc. 200 4,697 Fujitsu Ltd. 17,000 124,993 Hitachi Information Systems Ltd. 700 15,588 Hitachi Software Engineering Co., Ltd. 800 17,879 Hitachi Systems & Services Ltd. 300 6,438 Information Services International-Dentsu, Ltd. 600 6,190 Itochu Techno-Solutions Corp. 700 27,434 Koei Co., Ltd. 1,500 24,414 Konami Corp. 3,300 75,489 Melco Holdings Inc. 100 2,117 Mimasu Semiconductor Industry Co., Ltd. 300 6,316 NEC Fielding Ltd. 1,300 16,432 NEC Mobiling Ltd. 100 1,769 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International Technology Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Nihon Unisys Ltd. 500 $ 7,166 Nomura Research Institute Ltd. 2,800 82,303 NS Solutions Corp. 500 14,454 NSD Co., Ltd. 400 5,866 OBIC Business Consultants Ltd. 250 15,021 Obic Co., Ltd. 70 13,802 Oracle Corp. Japan 4,200 185,012 Otsuka Corp. 200 18,964 Ricoh Co., Ltd. 7,000 161,545 Sanken Electric Co., Ltd. 1,000 9,677 Seiko Epson Corp. 2,200 63,598 Shindengen Electric Manufacturing Co., Ltd. 1,000 4,810 Shinkawa Ltd. 200 4,195 Shinko Electric Industries Co., Ltd. 600 12,924 Square Enix Co., Ltd. 1,500 37,775 Sumco Corp. 1,200 60,148 Sumisho Computer Systems Corp. 800 15,839 TDK Corp. 1,300 125,479 Tokyo Electron Ltd. 1,800 132,344 Trans Cosmos, Inc. 700 13,405 ------------- Total Japan 2,372,048 ------------- Netherlands--9.6% Exact Holding N.V. 1,274 42,602 OCE N.V. 4,330 84,443 STMicroelectronics N.V. 20,985 406,697 ------------- Total Netherlands 533,742 ------------- Norway--0.3% EDB Business Partner ASA 1,600 14,628 ------------- Singapore--0.6% Creative Technology Ltd. 4,500 22,655 CSE Global Ltd. 15,000 12,259 ------------- Total Singapore 34,914 ------------- Spain--2.2% Indra Sistemas S.A. 4,952 123,860 ------------- Sweden--0.3% HIQ International AB 3,200 19,087 ------------- United Kingdom--11.1% Aero Inventory PLC 1,808 17,258 ARM Holdings PLC 13,467 39,584 Computacenter PLC 7,536 34,133 Domino Printing Sciences PLC 3,819 25,841 LogicaCMG PLC 67,421 205,272 Micro Focus International PLC 2,103 11,044 Misys PLC 19,994 94,070 Monitise PLC* 10,125 4,317 Morse PLC 10,125 19,299 Northgate Information Solution PLC 1,624 2,607 Psion PLC 2,650 6,752 RM PLC 3,312 13,805 Royalblue Group PLC 498 9,142 Sage Group PLC (The) 22,454 105,644 Xansa PLC 19,256 33,129 ------------- Total United Kingdom 621,897 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(concluded) WisdomTree International Technology Sector Fund June 30, 2007 ================================================================================ Investments U.S. $ Value -------------------------------------------------------------------------------- TOTAL INVESTMENTS IN SECURITIES--99.7% (Cost: $5,138,892) (a) $ 5,577,932 Cash, Foreign Currency and Other Assets in Excess of Liabilities--0.3% 18,359 ------------- NET ASSETS--100.0% $ 5,596,291 ============= * Non-income producing security. (a) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 3 WisdomTree International Technology Sector Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Software 36.2% Office/Business Equipment 25.9% Computers 24.8% Semiconductors 12.7% Internet 0.1% Other 0.3% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree International Utilities Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- COMMON STOCKS--99.6% Australia--1.0% Alinta Ltd. 18,789 $ 242,616 ------------- Austria--0.7% EVN AG 43 5,357 Verbund (Oesterreichische Elektrizitatswirtschafts-AG) Class A 3,433 175,628 ------------- Total Austria 180,985 ------------- Finland--2.5% Fortum Oyj 19,824 620,873 ------------- France--20.5% Electricite de France 15,815 1,714,698 Gaz de France S.A (a) 27,037 1,368,940 Suez S.A. 27,381 1,571,255 Veolia Environnement S.A. 6,442 504,875 ------------- Total France 5,159,768 ------------- Germany--12.0% E.ON AG 9,531 1,599,873 MVV Energie AG 1,224 51,559 RWE AG 12,972 1,383,852 ------------- Total Germany 3,035,284 ------------- Hong Kong--4.9% China Power International Development Ltd. 61,000 33,317 China Resources Power Holdings Co. 40,000 95,473 CLP Holdings Ltd. 81,500 546,780 Hong Kong & China Gas Co. 98,600 207,847 HongKong Electric Holdings Ltd. 69,000 348,182 ------------- Total Hong Kong 1,231,599 ------------- Italy--12.6% ACEA SpA 10,850 217,311 AEM SpA (a) 39,992 147,316 ASM Brescia SpA 24,185 146,902 Edison SpA 72,893 234,793 Enel SpA 145,173 1,563,606 Hera SpA 25,857 108,168 Iride SpA 9,379 33,345 Snam Rete Gas SpA 72,504 429,380 Terna Rete Elettrica Nazionale SpA (a) 82,966 286,847 ------------- Total Italy 3,167,668 ------------- Japan--9.8% Chubu Electric Power Co., Inc. 13,000 344,224 Chugoku Electric Power Co., Inc. (The) 7,200 142,257 Electric Power Development Co., Ltd. 2,000 79,355 Hokkaido Electric Power Co., Inc. 3,200 69,315 Hokuriku Electric Power Co. 3,200 61,800 Kansai Electric Power Co., Inc. (The) 16,800 396,550 Kyushu Electric Power Co., Inc. 8,300 217,086 Osaka Gas Co., Ltd. 35,000 129,803 Saibu Gas Co., Ltd. 5,000 10,972 Shikoku Electric Power Co., Inc. 5,000 117,616 Toho Gas Co., Ltd. 6,000 29,880 Tohoku Electric Power Co., Inc. 9,000 201,506 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree International Utilities Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- Tokyo Electric Power Co., Inc. (The) 15,900 $ 509,851 Tokyo Gas Co., Ltd. 31,000 146,597 ------------- Total Japan 2,456,812 ------------- New Zealand--1.5% Contact Energy Ltd. 23,322 162,337 TrustPower Ltd. 2,760 17,911 Vector Ltd. 94,929 199,478 ------------- Total New Zealand 379,726 ------------- Norway--0.1% Hafslund ASA Class B 800 20,927 ------------- Portugal--1.8% Energias de Portugal S.A. 82,279 454,489 ------------- Singapore--0.1% XP Power Ltd. 3,294 31,723 ------------- Spain--15.9% Enagas 6,738 166,803 Endesa S.A. (a) 26,840 1,457,563 Gas Natural SDG S.A. 9,954 606,700 Iberdrola S.A. 19,517 1,094,676 Red Electrica de Espana, S.A. 3,715 174,501 Sociedad General de Aguas de Barcelona S.A. Class A 3,470 127,423 Union Fenosa S.A. 6,909 369,972 ------------- Total Spain 3,997,638 ------------- United Kingdom--16.2% Centrica PLC 88,791 692,096 Drax Group PLC 8,273 120,588 International Power PLC 17,019 146,657 Kelda Group PLC 9,054 171,210 Kelda Group PLC Class B* 11,771 47,233 National Grid PLC 74,771 1,107,123 Northumbrian Water Group PLC 21,024 129,708 Pennon Group PLC 11,308 139,757 Scottish & Southern Energy PLC 23,168 673,540 Severn Trent PLC 9,205 255,418 United Utilities PLC 42,605 606,485 ------------- Total United Kingdom 4,089,815 ------------- TOTAL COMMON STOCKS (Cost: $23,006,389) 25,069,923 ============= See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(concluded) WisdomTree International Utilities Sector Fund June 30, 2007 ================================================================================ Investments Shares U.S. $ Value -------------------------------------------------------------------------------- INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--8.9% MONEY MARKET FUNDS--8.9%(b) UBS Enhanced Yield Portfolio, 5.27% 516,960 $ 516,960 UBS Private Money Market Fund LLC, 5.25% 1,739,785 1,739,785 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $2,256,745)(c) 2,256,745 ------------- TOTAL INVESTMENTS IN SECURITIES--108.5% (Cost: $25,263,134)(d) 27,326,668 Liabilities in Excess of Cash, Foreign Currency and Other Assets--(8.5)% (2,148,526) ------------- NET ASSETS--100.0% $ 25,178,142 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $2,144,458 and the total market value of the collateral held by the Fund was $2,256,745. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 3 WisdomTree International Utilities Sector Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Electric 75.7% Gas 16.0% Water 7.9% Other 0.4% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.8% Aerospace & Defense--2.2% Alliant Techsystems, Inc.* 42 $ 4,164 Armor Holdings, Inc.* 60 5,212 BE Aerospace, Inc.* 126 5,204 Boeing Co. (The) 480 46,157 Curtiss-Wright Corp. 102 4,754 DRS Technologies, Inc. 71 4,066 General Dynamics Corp. 354 27,690 Goodrich Corp. 168 10,006 Hexcel Corp.* 198 4,172 Honeywell International, Inc. 810 45,587 L-3 Communications Holdings, Inc. 114 11,102 Lockheed Martin Corp. 432 40,664 Moog, Inc. Class A* 96 4,235 Northrop Grumman Corp. 330 25,697 Precision Castparts Corp. 96 11,651 Raytheon Co. 438 23,604 Rockwell Collins, Inc. 120 8,477 United Technologies Corp. 912 64,688 ------------- Total Aerospace & Defense 347,130 ------------- Air Freight & Logistics--0.7% C.H. Robinson Worldwide, Inc. 96 5,042 Expeditors International Washington, Inc. 96 3,965 FedEx Corp. 264 29,296 United Parcel Service Inc. Class B 870 63,510 ------------- Total Air Freight & Logistics 101,813 ------------- Airlines--0.1% Continental Airlines, Inc. Class B* 103 3,489 Pinnacle Airlines Corp.* 79 1,481 Skywest, Inc. 138 3,289 Southwest Airlines Co. 534 7,961 US Airways Group, Inc.* 66 1,998 ------------- Total Airlines 18,218 ------------- Auto Components--0.4% Autoliv, Inc. 118 6,711 BorgWarner, Inc. 67 5,765 Gentex Corp. 210 4,135 Goodyear Tire & Rubber Co. (The)* 270 9,385 Johnson Controls, Inc. 204 23,617 Sauer-Danfoss, Inc. 96 2,857 TRW Automotive Holdings Corp.* 166 6,114 Visteon Corp.* 523 4,236 ------------- Total Auto Components 62,820 ------------- Automobiles--0.1% Harley-Davidson, Inc. 246 14,664 Thor Industries, Inc. 97 4,379 ------------- Total Automobiles 19,043 ------------- Beverages--1.6% Anheuser-Busch Cos., Inc. 658 34,321 Brown-Forman Corp. Class B 102 7,454 Coca-Cola Co. (The) 1,699 88,876 Coca-Cola Enterprises, Inc. 426 10,224 Constellation Brands, Inc. Class A* 174 4,225 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Molson Coors Brewing Co. Class B 60 $ 5,548 Pepsi Bottling Group, Inc. 246 8,285 PepsiAmericas, Inc. 174 4,273 PepsiCo, Inc. 1,271 82,424 ------------- Total Beverages 245,630 ------------- Biotechnology--0.6% Amgen, Inc.* 672 37,154 Biogen Idec, Inc.* 78 4,173 Cephalon, Inc.* 54 4,341 Genentech, Inc.* 366 27,692 Genzyme Corp.* 114 7,342 Gilead Sciences, Inc.* 384 14,888 ImClone Systems, Inc.* 162 5,728 ------------- Total Biotechnology 101,318 ------------- Building Products--0.3% American Standard Cos., Inc. 186 10,970 Gibraltar Industries, Inc. 41 908 Lennox International, Inc. 108 3,697 Masco Corp. 516 14,691 Simpson Manufacturing Co., Inc. 108 3,644 USG Corp.* 103 5,051 ------------- Total Building Products 38,961 ------------- Capital Markets--4.2% Affiliated Managers Group, Inc.* 36 4,635 AG Edwards, Inc. 72 6,088 Allied Capital Corp. 276 8,545 American Capital Strategies Ltd. 246 10,460 Apollo Investment Corp. 162 3,486 Bank of New York Co., Inc. (The) 588 24,367 Bear Stearns & Cos., Inc. (The) 198 27,720 BlackRock, Inc. 24 3,758 Charles Schwab Corp. (The) 798 16,375 E*Trade Financial Corp.* 342 7,555 Eaton Vance Corp. 108 4,771 Federated Investors, Inc. Class B 108 4,140 Franklin Resources, Inc. 126 16,691 GFI Group, Inc.* 60 4,349 Goldman Sachs Group, Inc. 654 141,755 Greenhill & Co., Inc. 54 3,710 Investment Technology Group, Inc.* 84 3,640 Investors Financial Services Corp. 10 617 Janus Capital Group, Inc. 174 4,844 Jefferies Group, Inc. 132 3,561 Knight Capital Group, Inc. Class A* 216 3,586 LaBranche & Co., Inc.* 685 5,055 Legg Mason, Inc. 96 9,444 Lehman Brothers Holdings, Inc. 798 59,467 Mellon Financial Corp. 324 14,256 Merrill Lynch & Co., Inc. 918 76,726 Morgan Stanley 1,474 123,639 Northern Trust Corp. 180 11,563 Nuveen Investments, Inc. Class A 72 4,475 Raymond James Financial, Inc. 120 3,708 SEI Investments Co. 120 3,485 State Street Corp. 258 17,647 T. Rowe Price Group, Inc. 180 9,340 TD Ameritrade Holding Corp.* 462 9,240 Waddell & Reed Financial, Inc. Class A 150 3,901 ------------- Total Capital Markets 656,599 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Chemicals--1.8% Air Products & Chemicals, Inc. 150 $ 12,056 Airgas, Inc. 90 4,311 Albemarle Corp. 96 3,699 Ashland, Inc. 54 3,453 Cabot Corp. 78 3,719 Celanese Corp. Series A 204 7,911 CF Industries Holdings, Inc. 114 6,827 Cytec Industries, Inc. 60 3,826 Dow Chemical Co. (The) 1,354 59,875 E.I. Du Pont de Nemours & Co. 804 40,875 Eastman Chemical Co. 114 7,334 Ecolab, Inc. 132 5,636 FMC Corp. 54 4,827 Hercules, Inc.* 186 3,655 Huntsman Corp. 282 6,855 International Flavors & Fragrances, Inc. 78 4,067 Lubrizol Corp. 72 4,648 Lyondell Chemical Co. 396 14,700 Monsanto Co. 240 16,210 Nalco Holding Co. 156 4,282 PPG Industries, Inc. 186 14,156 Praxair, Inc. 246 17,710 Rockwood Holdings, Inc.* 138 5,044 Rohm & Haas Co. 228 12,467 Scotts Miracle-Gro Co. (The) Class A 66 2,834 Sigma-Aldrich Corp. 108 4,608 Valhi, Inc. 118 1,923 Valspar Corp. (The) 132 3,750 Westlake Chemical Corp. 126 3,543 ------------- Total Chemicals 284,801 ------------- Commercial Banks--4.5% Associated Banc-Corp. 156 5,101 BancorpSouth, Inc. 144 3,522 BancTrust Financial Group, Inc. 113 2,373 Bank of Florida Corp.* 240 4,171 Bank of Hawaii Corp. 72 3,718 BB&T Corp. 624 25,384 BOK Financial Corp. 72 3,846 Cadence Financial Corp. 263 5,123 Cathay General Bancorp 108 3,622 Citizens Banking Corp. 156 2,855 City National Corp. 54 4,109 Colonial BancGroup, Inc. (The) 162 4,045 Comerica, Inc. 216 12,846 Commerce Bancorp, Inc. 114 4,217 Commerce Bancshares, Inc. 72 3,262 Compass Bancshares, Inc. 120 8,278 Cullen/Frost Bankers, Inc. 72 3,850 East West Bancorp, Inc. 96 3,732 Fifth Third Bancorp 588 23,385 First Citizens BancShares, Inc. Class A 18 3,499 First Horizon National Corp. 114 4,446 First Midwest Bancorp, Inc. 102 3,622 FirstMerit Corp. 168 3,516 FNB Corp./VA 107 3,841 Fulton Financial Corp. 234 3,374 Huntington Bancshares, Inc. 312 7,095 International Bancshares Corp. 138 3,536 Intervest Bancshares Corp.* 175 4,928 KeyCorp 522 17,920 M&T Bank Corp. 114 12,187 MainSource Financial Group, Inc. 293 4,919 Marshall & Ilsley Corp. 264 12,574 Mercantile Bank Corp. 137 3,713 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- National City Corp. 816 $ 27,189 Peoples Bancorp, Inc. 181 4,900 PNC Financial Services Group, Inc. (The) 570 40,801 Regions Financial Corp. 546 18,073 Sky Financial Group, Inc. 23 641 South Financial Group, Inc. (The) 144 3,260 SunTrust Banks, Inc. 396 33,953 Synovus Financial Corp. 312 9,578 TCF Financial Corp. 156 4,337 Temecula Valley Bancorp, Inc.* 202 3,573 Trustmark Corp. 126 3,258 U.S. Bancorp 2,123 69,953 UCBH Holdings, Inc. 192 3,508 UnionBanCal Corp. 186 11,104 Valley National Bancorp 154 3,463 W Holding Co., Inc. 797 2,104 Wachovia Corp. 1,985 101,732 Wells Fargo & Co. 3,677 129,321 Whitney Holding Corp. 114 3,431 Wilmington Trust Corp. 84 3,487 Zions Bancorp 114 8,768 ------------- Total Commercial Banks 703,043 ------------- Commercial Services & Supplies--0.9% Allied Waste Industries, Inc.* 300 4,038 Avery Dennison Corp. 72 4,787 Brady Corp. Class A 108 4,011 Brink's Co. (The) 60 3,713 ChoicePoint, Inc.* 96 4,075 Cintas Corp. 126 4,968 Copart, Inc.* 126 3,854 Corporate Executive Board Co. 48 3,116 Corrections Corp. of America* 72 4,544 Covanta Holding Corp.* 162 3,993 Deluxe Corp. 120 4,873 Dun & Bradstreet Corp. 48 4,943 Equifax, Inc. 108 4,797 Herman Miller, Inc. 96 3,034 HNI Corp. 78 3,198 IKON Office Solutions, Inc. 258 4,027 Manpower, Inc. 66 6,088 Monster Worldwide, Inc.* 72 2,959 Pitney Bowes, Inc. 174 8,148 R.R. Donnelley & Sons Co. 162 7,049 Republic Services, Inc. 162 4,964 Robert Half International, Inc. 120 4,380 Steelcase, Inc. Class A 180 3,330 Stericycle, Inc.* 96 4,268 TeleTech Holdings, Inc.* 107 3,475 Waste Connections, Inc.* 131 3,961 Waste Management, Inc. 498 19,448 Watson Wyatt Worldwide, Inc. Class A 78 3,937 ------------- Total Commercial Services & Supplies 137,978 ------------- Communications Equipment--1.5% Avaya, Inc.* 287 4,833 Cisco Systems, Inc.* 3,254 90,624 Corning, Inc.* 1,098 28,054 F5 Networks, Inc.* 48 3,869 Foundry Networks, Inc.* 246 4,098 Harris Corp. 108 5,891 Juniper Networks, Inc.* 198 4,984 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Motorola, Inc. 2,630 $ 46,551 Polycom, Inc.* 108 3,629 Qualcomm, Inc. 996 43,216 Tellabs, Inc.* 454 4,885 ------------- Total Communications Equipment 240,634 ------------- Computers & Peripherals--2.4% Apple, Inc.* 270 32,951 Brocade Communications Systems, Inc.* 371 2,901 Dell, Inc.* 1,062 30,320 Diebold, Inc. 78 4,072 EMC Corp. 1,165 21,087 Hewlett-Packard Co. 1,997 89,106 International Business Machines Corp. 1,504 158,296 Lexmark International, Inc. Class A* 72 3,550 NCR Corp.* 162 8,511 Network Appliance, Inc.* 102 2,978 Palm, Inc.* 504 8,069 QLogic Corp.* 204 3,397 SanDisk Corp.* 132 6,460 Western Digital Corp.* 445 8,611 ------------- Total Computers & Peripherals 380,309 ------------- Construction & Engineering--0.3% EMCOR Group, Inc.* 66 4,811 Fluor Corp. 48 5,346 Granite Construction Inc. 66 4,236 Jacobs Engineering Group, Inc.* 84 4,831 Quanta Services, Inc.* 180 5,521 Shaw Group, Inc. (The)* 108 4,999 URS Corp.* 84 4,078 Washington Group International, Inc.* 66 5,281 ------------- Total Construction & Engineering 39,103 ------------- Construction Materials--0.2% Eagle Materials, Inc. 78 3,826 Florida Rock Industries, Inc. 78 5,265 Martin Marietta Materials, Inc. 36 5,833 Vulcan Materials Co. 78 8,934 ------------- Total Construction Materials 23,858 ------------- Consumer Finance--0.9% American Express Co. 894 54,694 AmeriCredit Corp.* 221 5,868 Capital One Financial Corp. 492 38,592 CompuCredit Corp.* 108 3,782 First Marblehead Corp. (The) 120 4,637 SLM Corp. 510 29,366 Student Loan Corp. (The) 24 4,894 ------------- Total Consumer Finance 141,833 ------------- Consumer Staples--0.1% SUPERVALU, INC. 210 9,727 ------------- Containers & Packaging--0.3% Ball Corp. 108 5,742 Bemis Co. Inc. 108 3,583 Greif, Inc. Class A 60 3,577 Packaging Corp. of America 162 4,100 Pactiv Corp.* 114 3,635 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Sealed Air Corp. 144 $ 4,467 Silgan Holdings, Inc. 72 3,980 Sonoco Products Co. 96 4,110 Temple-Inland, Inc. 114 7,015 ------------- Total Containers & Packaging 40,209 ------------- Distributors--0.1% Building Materials Holding Corp. 78 1,107 Genuine Parts Co. 156 7,737 ------------- Total Distributors 8,844 ------------- Diversified Consumer Services--0.3% Apollo Group, Inc. Class A* 145 8,472 Career Education Corp.* 126 4,255 DeVry, Inc. 85 2,892 H&R Block, Inc. 282 6,590 ITT Educational Services, Inc.* 42 4,930 Laureate Education, Inc.* 37 2,281 Regis Corp. 90 3,443 Service Corp International 342 4,371 ServiceMaster Co. (The) 282 4,360 Sotheby's 96 4,418 Weight Watchers International, Inc. 72 3,660 ------------- Total Diversified Consumer Services 49,672 ------------- Diversified Financial Services--5.5% Bank of America Corp. 6,004 293,536 Chicago Mercantile Exchange Holdings, Inc. Class A 12 6,412 CIT Group, Inc. 300 16,449 Citigroup, Inc. 6,229 319,486 International Securities Exchange, Inc. 84 5,489 JPMorgan Chase & Co. 4,067 197,046 Moody's Corp. 150 9,330 Nasdaq Stock Market, Inc. (The)* 102 3,030 ------------- Total Diversified Financial Services 850,778 ------------- Diversified Telecommunication Services--2.1% AT&T, Inc. 4,434 184,011 CenturyTel, Inc. 124 6,082 Citizens Communications Co. 304 4,642 CT Communications, Inc. 120 3,661 Golden Telecom, Inc. 67 3,686 NeuStar, Inc. Class A* 126 3,650 Verizon Communications, Inc. 2,798 115,194 Windstream Corp. 504 7,439 ------------- Total Diversified Telecommunication Services 328,365 ------------- Electric Utilities--1.6% Allegheny Energy, Inc.* 96 4,967 American Electric Power Co., Inc. 318 14,323 DPL, Inc. 126 3,571 Duke Energy Corp. 1,691 30,944 Edison International 396 22,224 Entergy Corp. 180 19,323 Exelon Corp. 546 39,639 FirstEnergy Corp. 312 20,196 FPL Group, Inc. 336 19,065 Great Plains Energy, Inc. 120 3,494 Hawaiian Electric Industries, Inc. 138 3,269 Northeast Utilities 132 3,744 Pepco Holdings, Inc. 144 4,061 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Pinnacle West Capital Corp. 96 $ 3,826 PPL Corp. 396 18,529 Progress Energy, Inc. 150 6,839 Sierra Pacific Resources* 258 4,530 Southern Co. 672 23,042 Westar Energy, Inc. 138 3,351 ------------- Total Electric Utilities 248,937 ------------- Electrical Equipment--0.6% Acuity Brands, Inc. 66 3,978 AMETEK, Inc. 108 4,285 Baldor Electric Co. 102 5,027 Belden CDT, Inc. 84 4,649 Emerson Electric Co. 708 33,135 Encore Wire Corp. 42 1,236 General Cable Corp.* 84 6,363 Genlyte Group, Inc.* 54 4,241 Hubbell, Inc. Class B 78 4,229 Rockwell Automation, Inc. 168 11,667 Roper Industries, Inc. 72 4,111 Thomas & Betts Corp.* 78 4,524 ------------- Total Electrical Equipment 87,445 ------------- Electronic Equipment & Instruments--0.6% Agilent Technologies, Inc.* 276 10,609 Amphenol Corp. Class A 120 4,278 Arrow Electronics, Inc.* 197 7,571 Avnet, Inc.* 162 6,422 AVX Corp. 252 4,218 CDW Corp. 66 5,608 Dolby Laboratories, Inc. Class A* 114 4,037 Flir Systems, Inc.* 108 4,995 Ingram Micro, Inc. Class A* 257 5,579 Jabil Circuit, Inc. 144 3,178 Mettler Toledo International, Inc.* 42 4,011 Molex, Inc. 138 4,141 National Instruments Corp. 138 4,495 Solectron Corp.* 1,112 4,092 Tektronix, Inc. 132 4,454 Trimble Navigation Ltd.* 223 7,181 Vishay Intertechnology, Inc.* 258 4,082 ------------- Total Electronic Equipment & Instruments 88,951 ------------- Energy Equipment & Services--1.7% Atwood Oceanics, Inc.* 78 5,352 Baker Hughes, Inc. 270 22,715 BJ Services Co. 414 11,774 Cameron International Corp.* 84 6,003 Diamond Offshore Drilling, Inc. 120 12,187 Dresser-Rand Group, Inc.* 144 5,688 Dril-Quip, Inc.* 102 4,585 ENSCO International, Inc. 198 12,080 FMC Technologies, Inc.* 60 4,753 Global Industries Ltd.* 264 7,080 Grant Prideco, Inc.* 150 8,075 Grey Wolf, Inc.* 180 1,483 Halliburton Co. 1,324 45,679 Hanover Compressor Co.* 168 4,007 Helmerich & Payne, Inc. 216 7,651 National Oilwell Varco, Inc.* 138 14,385 Oceaneering International, Inc.* 90 4,738 Oil States International, Inc.* 166 6,862 Patterson-UTI Energy, Inc. 414 10,851 Pride International, Inc.* 132 4,945 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Rowan Cos., Inc. 138 $ 5,655 RPC, Inc. 228 3,885 SEACOR Holdings, Inc.* 54 5,041 Smith International, Inc. 168 9,852 Superior Energy Services, Inc.* 126 5,030 Tetra Technologies, Inc.* 162 4,568 Tidewater, Inc. 109 7,726 TODCO* 114 5,382 Trico Marine Services, Inc.* 19 777 Unit Corp.* 150 9,437 Universal Compression Holdings, Inc.* 54 3,913 ------------- Total Energy Equipment & Services 262,159 ------------- Food & Staples Retailing--2.4% BJ's Wholesale Club, Inc.* 125 4,504 Costco Wholesale Corp. 336 19,663 CVS Corp. 1,277 46,546 Ingles Markets, Inc. 37 1,275 Kroger Co. (The) 666 18,735 Longs Drug Stores Corp. 84 4,412 Rite Aid Corp.* 4,514 28,799 Safeway, Inc. 354 12,047 SYSCO Corp. 402 13,262 Walgreen Co. 654 28,475 Wal-Mart Stores, Inc. 4,073 195,951 Whole Foods Market, Inc. 84 3,217 ------------- Total Food & Staples Retailing 376,886 ------------- Food Products--1.7% Archer-Daniels-Midland Co. 774 25,612 Campbell Soup Co. 312 12,109 ConAgra Foods, Inc. 258 6,930 Corn Products International, Inc. 114 5,181 Dean Foods Co.* 102 3,251 Del Monte Foods Co. 318 3,867 Flowers Foods, Inc. 126 4,203 General Mills, Inc. 294 17,175 H.J. Heinz Co. 234 11,108 Hershey Co. (The) 186 9,415 Hormel Foods Corp. 126 4,706 J.M. Smucker Co. (The) 78 4,965 Kellogg Co. 330 17,091 Kraft Foods, Inc. Class A 2,949 103,953 McCormick & Co., Inc. 96 3,665 Ralcorp Holdings, Inc.* 66 3,528 Sara Lee Corp. 480 8,352 Smithfield Foods, Inc.* 138 4,249 Tootsie Roll Industries, Inc. 120 3,325 Wm. Wrigley Jr. Co. 162 8,960 ------------- Total Food Products 261,645 ------------- Gas Utilities--0.3% AGL Resources Inc. 96 3,886 Atmos Energy Corp. 114 3,427 Energen Corp. 84 4,615 Equitable Resources, Inc. 84 4,163 National Fuel Gas Co. 90 3,898 Nicor, Inc. 78 3,348 ONEOK, Inc. 84 4,234 Piedmont Natural Gas Co., Inc. 144 3,550 See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Questar Corp. 156 $ 8,244 Southern Union Co. 132 4,302 UGI Corp. 138 3,765 ------------- Total Gas Utilities 47,432 ------------- Health Care Equipment & Supplies--1.2% Baxter International, Inc. 456 25,691 Beckman Coulter, Inc. 60 3,881 Becton Dickinson & Co. 180 13,410 Biomet, Inc. 120 5,486 C.R. Bard, Inc. 66 5,454 Cytyc Corp.* 126 5,432 Dade Behring Holdings, Inc. 84 4,462 DENTSPLY International, Inc. 114 4,362 Edwards Lifesciences Corp.* 72 3,552 Gen-Probe, Inc.* 72 4,350 Hillenbrand Industries, Inc. 76 4,940 Hologic, Inc.* 72 3,982 Hospira, Inc.* 102 3,982 IDEXX Laboratories, Inc.* 42 3,974 Intuitive Surgical, Inc.* 36 4,996 Kinetic Concepts, Inc.* 89 4,625 Medtronic, Inc. 846 43,875 Resmed, Inc.* 78 3,218 Respironics, Inc.* 90 3,833 St. Jude Medical, Inc.* 168 6,970 Stryker Corp. 222 14,006 Varian Medical Systems, Inc.* 84 3,571 Zimmer Holdings, Inc.* 168 14,262 ------------- Total Health Care Equipment & Supplies 192,314 ------------- Health Care Providers & Services--2.2% Aetna, Inc. 659 32,555 AmerisourceBergen Corp. 156 7,717 Cardinal Health, Inc. 330 23,311 Cigna Corp. 432 22,559 Community Health Systems, Inc.* 102 4,126 Coventry Health Care, Inc.* 174 10,031 DaVita, Inc.* 84 4,526 Express Scripts, Inc.* 216 10,802 Health Net, Inc.* 114 6,019 Henry Schein, Inc.* 72 3,847 Humana, Inc.* 114 6,944 Laboratory Corp of America Holdings* 96 7,513 Lincare Holdings, Inc.* 112 4,463 Manor Care, Inc. 72 4,701 McKesson Corp. 258 15,387 Medco Health Solutions, Inc.* 216 16,846 Omnicare, Inc. 102 3,678 Patterson Cos., Inc.* 96 3,578 Pediatrix Medical Group, Inc.* 72 3,971 Quest Diagnostics, Inc. 198 10,227 Sierra Health Services, Inc.* 96 3,992 Triad Hospitals, Inc.* 120 6,451 UnitedHealth Group, Inc. 1,228 62,799 Universal Health Services, Inc. Class B 67 4,121 VCA Antech, Inc.* 108 4,071 WellCare Health Plans, Inc.* 49 4,435 WellPoint, Inc.* 624 49,813 ------------- Total Health Care Providers & Services 338,483 ------------- See Notes to Schedule of Investments. 9 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Health Care Technology--0.1% Cerner Corp.* 78 $ 4,327 IMS Health, Inc. 229 7,357 ------------- Total Health Care Technology 11,684 ------------- Hotels, Restaurants & Leisure--1.3% Applebee's International, Inc. 156 3,760 Boyd Gaming Corp. 78 3,837 Brinker International, Inc. 120 3,512 Cheesecake Factory (The)* 144 3,531 Choice Hotels International, Inc. 96 3,794 Darden Restaurants, Inc. 138 6,071 Harrah's Entertainment, Inc. 84 7,162 Hilton Hotels Corp. 186 6,225 International Game Technology 174 6,908 International Speedway Corp. Class A 72 3,795 Jack in the Box, Inc.* 60 4,256 Life Time Fitness, Inc.* 59 3,141 Marriott International, Inc. Class A 209 9,037 McDonald's Corp. 1,024 51,977 MGM Mirage* 151 12,454 Panera Bread Co. Class A* 66 3,040 Penn National Gaming, Inc.* 84 5,048 Pinnacle Entertainment, Inc.* 114 3,209 Scientific Games Corp. Class A* 108 3,775 Starbucks Corp.* 240 6,298 Starwood Hotels & Resorts Worldwide, Inc. 270 18,108 Station Casinos, Inc. 42 3,646 Vail Resorts, Inc.* 70 4,261 Wendy's International, Inc. 96 3,528 Wynn Resorts Ltd.* 19 1,704 Yum! Brands, Inc. 466 15,248 ------------- Total Hotels, Restaurants & Leisure 197,325 ------------- Household Durables--1.3% Avatar Holdings, Inc.* 19 1,462 Beazer Homes USA, Inc. 227 5,600 Black & Decker Corp. (The) 108 9,537 Brookfield Homes Corp. 112 3,258 Cavco Industries, Inc.* 58 2,176 Centex Corp. 276 11,068 D.R. Horton, Inc. 744 14,827 Fortune Brands, Inc. 150 12,356 Harman International Industries, Inc. 42 4,906 Hovnanian Enterprises, Inc. Class A* 198 3,273 Jarden Corp.* 102 4,387 KB Home 216 8,504 Leggett & Platt, Inc. 186 4,101 Lennar Corp. Class A 420 15,354 M/I Homes, Inc. 103 2,740 MDC Holdings, Inc. 120 5,803 Meritage Homes Corp.* 210 5,618 Mohawk Industries, Inc.* 90 9,071 Newell Rubbermaid, Inc. 246 7,240 NVR, Inc.* 18 12,236 Orleans Homebuilders, Inc. 138 1,166 Pulte Homes, Inc. 600 13,470 Ryland Group, Inc. (The) 132 4,933 Snap-On, Inc. 78 3,940 Standard-Pacific Corp. 240 4,207 Stanley Works (The) 90 5,463 Tempur-Pedic International, Inc. 150 3,885 See Notes to Schedule of Investments. 10 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Toll Brothers, Inc.* 414 $ 10,342 TOUSA, Inc. 1,098 4,601 WCI Communities, Inc.* 178 2,969 Whirlpool Corp. 90 10,008 ------------- Total Household Durables 208,501 ------------- Household Products--1.3% Central Garden & Pet Co.* 234 2,869 Church & Dwight Co., Inc. 78 3,780 Clorox Co. (The) 120 7,452 Colgate-Palmolive Co. 318 20,622 Energizer Holdings, Inc.* 60 5,976 Kimberly-Clark Corp. 348 23,278 Procter & Gamble Co. 2,314 141,593 ------------- Total Household Products 205,570 ------------- Independent Power Producers & Energy--0.7% AES Corp. (The)* 612 13,391 Constellation Energy Group, Inc. 174 15,168 Mirant Corp.* 444 18,937 NRG Energy, Inc.* 360 14,965 TXU Corp. 696 46,840 ------------- Total Independent Power Producers & Energy 109,301 ------------- Industrial Conglomerates--2.6% 3M Co. 744 64,572 Carlisle Cos., Inc. 84 3,907 General Electric Co. 8,414 322,087 Teleflex, Inc. 54 4,416 Textron, Inc. 114 12,553 ------------- Total Industrial Conglomerates 407,535 ------------- Insurance--6.9% 21st Century Insurance Group 174 3,804 Alleghany Corp.* 12 4,878 Allstate Corp. (The) 1,219 74,981 AMBAC Financial Group, Inc. 156 13,602 American Family Life Assurance Co., Inc. 516 26,522 American Financial Group, Inc. 168 5,737 American International Group, Inc. 2,732 191,321 American National Insurance Co. 30 4,578 American Physicians Capital, Inc.* 66 2,673 AON Corp. 288 12,272 Arthur J. Gallagher & Co. 126 3,513 Assurant, Inc. 210 12,373 Berkshire Hathaway, Inc. Class B* 36 129,780 Brown & Brown, Inc. 132 3,318 Chubb Corp. (The) 702 38,006 Cincinnati Financial Corp. 192 8,333 CNA Financial Corp. 222 10,587 Commerce Group, Inc. 132 4,583 Conseco, Inc.* 204 4,262 Delphi Financial Group, Inc. Class A 96 4,015 EMC Insurance Group, Inc. 121 3,003 Erie Indemnity Co. Class A 66 3,567 First American Corp. 108 5,346 Genworth Financial, Inc. Class A 618 21,259 Hanover Insurance Group, Inc. (The) 78 3,806 Hartford Financial Services Group, Inc. (The) 462 45,512 HCC Insurance Holdings, Inc. 126 4,210 Infinity Property & Casualty Corp. 73 3,703 Lincoln National Corp. 288 20,434 Loews Corp. 624 31,812 See Notes to Schedule of Investments. 11 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Markel Corp.* 12 $ 5,815 Marsh & McLennan Cos., Inc. 276 8,523 MBIA, Inc. 186 11,573 Mercer Insurance Group, Inc. 192 3,821 Mercury General Corp. 72 3,968 Metlife, Inc. 1,026 66,156 Midland Co. (The) 94 4,412 National Financial Partners Corp. 78 3,612 National Western Life Insurance Co. Class A* 17 4,300 Nationwide Financial Services, Inc. Class A 216 13,656 Odyssey Re Holdings Corp. 114 4,889 Ohio Casualty Corp. 120 5,197 Old Republic International Corp. 324 6,888 Philadelphia Consolidated Holding Co.* 102 4,264 Principal Financial Group, Inc. 270 15,738 ProAssurance Corp.* 72 4,008 Progressive Corp. (The) 1,062 25,414 Protective Life Corp. 84 4,016 Prudential Financial, Inc. 468 45,504 Reinsurance Group of America, Inc. 84 5,060 Safeco Corp. 192 11,954 Safety Insurance Group, Inc. 126 5,216 Selective Insurance Group, Inc. 138 3,709 Stancorp Financial Group, Inc. 78 4,093 Torchmark Corp. 132 8,844 Transatlantic Holdings, Inc. 84 5,975 Travelers Cos., Inc. (The) 960 51,360 Unitrin, Inc. 96 4,721 Unum Group 240 6,266 W.R. Berkley Corp. 306 9,957 Wesco Financial Corp. 6 2,310 Zenith National Insurance Corp. 162 7,629 ------------- Total Insurance 1,070,638 ------------- Internet & Catalog Retail--0.2% Amazon.Com, Inc.* 126 8,619 Expedia, Inc.* 186 5,448 IAC/InterActiveCorp.* 132 4,569 priceline.com, Inc.* 71 4,881 ------------- Total Internet & Catalog Retail 23,517 ------------- Internet Software & Services--0.5% eBay, Inc.* 504 16,219 Google, Inc. Class A* 78 40,823 j2 Global Communications, Inc.* 25 873 Valueclick, Inc.* 144 4,242 VeriSign, Inc.* 258 8,186 Yahoo!, Inc.* 552 14,976 ------------- Total Internet Software & Services 85,319 ------------- IT Services--0.7% Affiliated Computer Services, Inc. Class A* 84 4,764 Alliance Data Systems Corp.* 60 4,637 Automatic Data Processing, Inc. 354 17,159 Broadridge Financial Solutions, Inc. 85 1,625 Ceridian Corp.* 120 4,200 Checkfree Corp.* 90 3,618 Cognizant Technology Solutions Corp. Class A* 42 3,154 Computer Sciences Corp.* 120 7,098 Convergys Corp.* 144 3,491 DST Systems, Inc.* 54 4,277 Electronic Data Systems Corp. 252 6,988 Fidelity National Information Services, Inc. 96 5,211 First Data Corp. 378 12,349 See Notes to Schedule of Investments. 12 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Fiserv, Inc.* 144 $ 8,179 Gartner, Inc.* 168 4,131 Global Payments, Inc. 96 3,806 Iron Mountain, Inc.* 132 3,449 MoneyGram International, Inc. 126 3,522 Paychex, Inc. 192 7,511 Total System Services, Inc. 132 3,895 VeriFone Holdings, Inc.* 90 3,173 ------------- Total IT Services 116,237 ------------- Leisure Equipment & Products--0.2% Brunswick Corp. 156 5,090 Hasbro, Inc. 132 4,146 MarineMax, Inc.* 161 3,223 Mattel, Inc. 408 10,319 Polaris Industries, Inc. 78 4,224 Pool Corp. 102 3,981 ------------- Total Leisure Equipment & Products 30,983 ------------- Life Sciences Tools & Services--0.2% Bio-Rad Laboratories, Inc. Class A* 42 3,174 Charles River Laboratories International, Inc.* 78 4,026 Covance, Inc.* 60 4,114 Invitrogen Corp.* 60 4,426 Millipore Corp.* 48 3,604 PerkinElmer, Inc. 156 4,065 Pharmaceutical Product Development, Inc. 108 4,133 Thermo Fisher Scientific, Inc.* 78 4,034 Waters Corp.* 72 4,274 ------------- Total Life Sciences Tools & Services 35,850 ------------- Machinery--2.4% AGCO Corp.* 108 4,688 Caterpillar, Inc. 978 76,578 CLARCOR, Inc. 114 4,267 Crane Co. 96 4,363 Cummins, Inc. 192 19,432 Danaher Corp. 234 17,667 Deere & Co. 252 30,427 Donaldson Co., Inc. 108 3,839 Dover Corp. 192 9,821 Eaton Corp. 204 18,972 Flowserve Corp.* 72 5,155 Gardner Denver, Inc.* 102 4,340 Graco, Inc. 90 3,625 Harsco Corp. 84 4,368 IDEX Corp. 108 4,162 Illinois Tool Works, Inc. 594 32,190 ITT Corp. 132 9,013 Joy Global, Inc. 198 11,549 Kennametal, Inc. 60 4,922 Lincoln Electric Holdings, Inc. 60 4,454 Manitowoc Co., Inc. (The) 66 5,305 Nordson Corp. 72 3,612 Oshkosh Truck Corp. 72 4,530 Paccar, Inc. 354 30,813 Pall Corp. 108 4,967 Parker Hannifin Corp. 162 15,861 Pentair, Inc. 120 4,628 SPX Corp. 54 4,742 Terex Corp.* 96 7,805 See Notes to Schedule of Investments. 13 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Timken Co. (The) 186 $ 6,716 Toro Co. (The) 72 4,240 Trinity Industries, Inc. 96 4,180 Watts Water Technologies, Inc. Class A 84 3,147 ------------- Total Machinery 374,378 ------------- Marine--0.1% Alexander & Baldwin, Inc. 78 4,143 Kirby Corp.* 139 5,336 ------------- Total Marine 9,479 ------------- Media--2.7% Belo Corp. Class A 204 4,200 CBS Corp. Class B 551 18,359 Citadel Broadcasting Corp. 125 806 Clear Channel Communications, Inc. 276 10,438 Comcast Corp. Class A* 508 14,285 DIRECTV Group, Inc. (The)* 780 18,026 Dow Jones & Co., Inc. 102 5,860 DreamWorks Animation SKG, Inc. Class A* 138 3,980 E.W. Scripps Co. (The) Class A 114 5,209 EchoStar Communications Corp. Class A* 252 10,929 Gannett Co., Inc. 282 15,496 Getty Images, Inc.* 72 3,442 Harte-Hanks, Inc. 138 3,544 Hearst-Argyle Television, Inc. 144 3,470 Interactive Data Corp. 162 4,338 John Wiley & Sons, Inc. Class A 96 4,636 Marvel Entertainment, Inc.* 132 3,363 McClatchy Co. Class A 96 2,430 McGraw-Hill Cos., Inc. (The) 204 13,888 Meredith Corp. 60 3,696 Morningstar, Inc.* 72 3,386 New York Times Co. (The) Class A 131 3,327 News Corp. Class A 4,960 105,203 Omnicom Group, Inc. 264 13,971 Regal Entertainment Group Class A 168 3,684 Time Warner, Inc. 3,032 63,794 Tribune Co. 246 7,232 Walt Disney Co. (The) 1,630 55,648 Washington Post Co. (The) Class B 6 4,657 ------------- Total Media 411,297 ------------- Metals & Mining--1.8% AK Steel Holding Corp.* 186 6,951 Alcoa, Inc. 1,098 44,502 Allegheny Technologies, Inc. 102 10,698 Carpenter Technology Corp. 30 3,909 Chaparral Steel Co. 78 5,606 Cleveland-Cliffs, Inc. 96 7,456 Commercial Metals Co. 204 6,889 Freeport-McMoRan Copper & Gold, Inc. Class B 514 42,569 Newmont Mining Corp. 186 7,265 Northwest Pipe Co.* 41 1,458 Nucor Corp. 468 27,448 Quanex Corp. 73 3,555 Reliance Steel & Aluminum Co. 144 8,101 RTI International Metals, Inc.* 48 3,618 See Notes to Schedule of Investments. 14 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Southern Copper Corp. 516 $ 48,639 Steel Dynamics, Inc. 180 7,544 Titanium Metals Corp.* 198 6,316 United States Steel Corp. 258 28,058 Worthington Industries, Inc. 106 2,295 ------------- Total Metals & Mining 272,877 ------------- Multiline Retail--0.9% Big Lots, Inc.* 119 3,501 Dillard's, Inc. Class A 108 3,880 Dollar General Corp. 282 6,181 Dollar Tree Stores, Inc.* 114 4,965 Family Dollar Stores, Inc. 120 4,118 J.C. Penney Co., Inc. 222 16,068 Kohl's Corp.* 222 15,769 Macy's, Inc. 336 13,366 Nordstrom, Inc. 198 10,122 Sears Holdings Corp.* 84 14,238 Target Corp. 702 44,648 ------------- Total Multiline Retail 136,856 ------------- Multi-Utilities--1.2% Alliant Energy Corp. 96 3,730 Ameren Corp. 174 8,528 Centerpoint Energy, Inc. 450 7,830 Consolidated Edison, Inc. 198 8,934 Dominion Resources, Inc. 312 26,928 DTE Energy Co. 210 10,126 Energy East Corp. 150 3,914 Integrys Energy Group, Inc. 66 3,348 KeySpan Corp. 198 8,312 MDU Resources Group, Inc. 192 5,384 NiSource, Inc. 228 4,722 NSTAR 108 3,505 OGE Energy Corp. 96 3,518 PG&E Corp. 384 17,395 PNM Resources, Inc. 120 3,335 Public Service Enterprise Group, Inc. 156 13,694 Puget Energy, Inc. 150 3,627 SCANA Corp. 114 4,365 Sempra Energy 384 22,744 TECO Energy, Inc. 228 3,917 Vectren Corp. 132 3,555 Wisconsin Energy Corp. 114 5,042 Xcel Energy, Inc. 384 7,860 ------------- Total Multi-Utilities 184,313 ------------- Office Electronics--0.2% Xerox Corp.* 1,192 22,028 Zebra Technologies Corp. Class A* 108 4,184 ------------- Total Office Electronics 26,212 ------------- Oil, Gas & Consumable Fuels--13.9% Anadarko Petroleum Corp. 1,188 61,764 Apache Corp. 630 51,402 Arch Coal, Inc. 126 4,385 Cabot Oil & Gas Corp. 108 3,983 Chesapeake Energy Corp. 960 33,216 Chevron Corp. 3,857 324,913 Cimarex Energy Co. 239 9,419 ConocoPhillips 3,621 284,248 CONSOL Energy, Inc. 156 7,193 Denbury Resources, Inc.* 132 4,950 See Notes to Schedule of Investments. 15 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Devon Energy Corp. 744 $ 58,248 El Paso Corp. 378 6,513 EOG Resources, Inc. 360 26,302 Exxon Mobil Corp. 8,485 711,721 Forest Oil Corp.* 214 9,044 Frontier Oil Corp. 204 8,929 Helix Energy Solutions Group, Inc.* 114 4,550 Hess Corp. 534 31,485 Holly Corp. 72 5,342 Kinder Morgan Management LLC* 73 3,789 Marathon Oil Corp. 1,777 106,549 Murphy Oil Corp. 222 13,196 Newfield Exploration Co.* 222 10,112 Noble Energy, Inc. 192 11,979 Occidental Petroleum Corp. 1,462 84,621 Overseas Shipholding Group, Inc. 108 8,791 Peabody Energy Corp. 210 10,160 PetroHawk Energy Corp.* 306 4,853 Petroleum Development Corp.* 23 1,092 Pioneer Natural Resources Co. 96 4,676 Plains Exploration & Production Co.* 78 3,729 Pogo Producing Co. 138 7,009 Quicksilver Resources, Inc.* 96 4,280 Range Resources Corp. 120 4,489 Southwestern Energy Co.* 96 4,272 St. Mary Land & Exploration Co. 102 3,735 Sunoco, Inc. 276 21,992 Swift Energy Co.* 34 1,454 Tesoro Corp. 336 19,202 Vaalco Energy, Inc.* 232 1,121 Valero Energy Corp. 1,654 122,164 W&T Offshore, Inc. 120 3,359 Whiting Petroleum Corp.* 84 3,404 Williams Cos., Inc. (The) 264 8,348 XTO Energy, Inc. 624 37,502 ------------- Total Oil, Gas & Consumable Fuels 2,153,485 ------------- Paper & Forest Products--0.1% Louisiana-Pacific Corp. 180 3,406 MeadWestvaco Corp. 120 4,238 Weyerhaeuser Co. 48 3,789 ------------- Total Paper & Forest Products 11,433 ------------- Personal Products--0.1% Alberto-Culver Co. 166 3,938 Avon Products, Inc. 258 9,482 Estee Lauder Cos., Inc. (The) Class A 132 6,007 NBTY, Inc.* 72 3,110 ------------- Total Personal Products 22,537 ------------- Pharmaceuticals--4.8% Abbott Laboratories 1,068 57,191 Barr Pharmaceuticals, Inc.* 102 5,123 Bristol-Myers Squibb Co. 1,450 45,762 Eli Lilly & Co. 984 54,986 Endo Pharmaceuticals Holdings, Inc.* 120 4,108 Forest Laboratories, Inc.* 228 10,408 Johnson & Johnson 2,636 162,430 King Pharmaceuticals, Inc.* 210 4,297 Merck & Co., Inc. 2,099 104,530 Mylan Laboratories, Inc.* 198 3,602 See Notes to Schedule of Investments. 16 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Pfizer, Inc. 7,643 $ 195,432 Schering-Plough Corp. 666 20,273 Sepracor, Inc.* 72 2,953 Watson Pharmaceuticals, Inc.* 132 4,294 Wyeth 1,324 75,918 ------------- Total Pharmaceuticals 751,307 ------------- Real Estate Investment Trusts--0.8% Alexandria Real Estate Equities, Inc. 36 3,486 AMB Property Corp. 60 3,193 Archstone-Smith Trust 60 3,547 Boston Properties, Inc. 130 13,276 BRE Properties, Inc. 54 3,202 Colonial Properties Trust 67 2,442 Corporate Office Properties Trust 66 2,707 Cousins Properties, Inc. 102 2,959 Developers Diversified Realty Corp. 54 2,846 Duke Realty Corp. 78 2,782 Entertainment Properties Trust 54 2,904 Equity One, Inc. 132 3,373 Health Care REIT, Inc. 78 3,148 Healthcare Realty Trust, Inc. 90 2,500 Home Properties, Inc. 60 3,116 Hospitality Properties Trust 78 3,236 HRPT Properties Trust 276 2,870 Kimco Realty Corp. 112 4,264 LaSalle Hotel Properties 78 3,387 Liberty Property Trust 78 3,427 Mack-Cali Realty Corp. 72 3,131 Nationwide Health Properties, Inc. 114 3,101 Plum Creek Timber Co., Inc. 132 5,499 Post Properties, Inc. 78 4,066 Potlatch Corp. 78 3,358 Prologis 89 5,064 Rayonier, Inc. 84 3,792 Realty Income Corp. 126 3,174 Regency Centers Corp. 42 2,961 Senior Housing Properties Trust 143 2,910 Ventas, Inc. 78 2,828 Washington Real Estate Investment Trust 90 3,060 Weingarten Realty Investors 72 2,959 ------------- Total Real Estate Investment Trusts 118,568 ------------- Real Estate Management & Development--0.1% CB Richard Ellis Group, Inc. Class A* 127 4,636 Jones Lang LaSalle, Inc. 36 4,086 ------------- Total Real Estate Management & Development 8,722 ------------- Road & Rail--1.0% Burlington Northern Santa Fe Corp. 402 34,225 Con-way, Inc. 90 4,522 CSX Corp. 522 23,532 Florida East Coast Industries, Inc. 60 4,979 Heartland Express, Inc. 222 3,619 JB Hunt Transport Services, Inc. 174 5,102 Kansas City Southern* 120 4,505 Laidlaw International, Inc. 108 3,731 Landstar System, Inc. 84 4,053 See Notes to Schedule of Investments. 17 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Norfolk Southern Corp. 456 $ 23,972 Ryder System, Inc. 72 3,874 Union Pacific Corp. 240 27,636 YRC Worldwide, Inc.* 138 5,078 ------------- Total Road & Rail 148,828 ------------- Semiconductors & Semiconductor Equipment--2.0% Advanced Micro Devices, Inc.* 450 6,435 Altera Corp. 281 6,219 Analog Devices, Inc. 156 5,872 Applied Materials, Inc. 1,062 21,102 Atmel Corp.* 684 3,803 Broadcom Corp. Class A* 126 3,686 Cypress Semiconductor Corp.* 198 4,611 Intel Corp. 4,296 102,072 International Rectifier Corp.* 84 3,130 Intersil Corp. Class A 186 5,852 KLA-Tencor Corp. 78 4,286 Lam Research Corp.* 168 8,635 Linear Technology Corp. 234 8,466 LSI Logic Corp.* 402 3,019 Maxim Integrated Products, Inc. 252 8,419 MEMC Electronic Materials, Inc.* 108 6,601 Microchip Technology, Inc. 132 4,889 Micron Technology, Inc.* 294 3,684 National Semiconductor Corp. 354 10,008 Novellus Systems Inc.* 120 3,404 Nvidia Corp.* 138 5,701 ON Semiconductor Corp.* 617 6,614 Teradyne, Inc.* 391 6,874 Texas Instruments, Inc. 1,462 55,015 Varian Semiconductor Equipment Associates, Inc.* 136 5,448 Xilinx, Inc. 257 6,880 ------------- Total Semiconductors & Semiconductor Equipment 310,725 ------------- Software--2.2% Activision Inc.* 228 4,257 Adobe Systems, Inc.* 180 7,227 Autodesk, Inc.* 90 4,237 BEA Systems, Inc.* 287 3,929 BMC Software, Inc.* 114 3,454 CA, Inc. 121 3,125 Cadence Design Systems, Inc.* 186 4,085 Citrix Systems, Inc.* 120 4,040 Compuware Corp.* 414 4,910 Electronic Arts, Inc.* 78 3,691 FactSet Research Systems, Inc. 66 4,511 Fair Isaac Corp. 96 3,852 Intuit, Inc.* 198 5,956 Micros Systems, Inc.* 66 3,590 Microsoft Corp. 7,024 206,997 NAVTEQ Corp.* 108 4,573 Oracle Corp.* 3,146 62,008 Red Hat, Inc.* 156 3,476 Sybase, Inc.* 144 3,440 Symantec Corp.* 228 4,606 ------------- Total Software 345,964 ------------- Specialty Retail--2.4% Abercrombie & Fitch Co. Class A 84 6,130 Advance Auto Parts, Inc. 108 4,377 Aeropostale, Inc.* 102 4,251 American Eagle Outfitters, Inc. 162 4,157 AnnTaylor Stores Corp.* 108 3,825 See Notes to Schedule of Investments. 18 Schedule of Investments (unaudited)(continued) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Autonation, Inc.* 264 $ 5,924 Autozone, Inc.* 78 10,656 Barnes & Noble, Inc. 90 3,462 Bed Bath & Beyond, Inc.* 240 8,638 Best Buy Co., Inc. 408 19,042 Carmax, Inc.* 132 3,366 Chico's FAS, Inc.* 174 4,235 Circuit City Stores, Inc. 174 2,624 Dick's Sporting Goods, Inc.* 72 4,188 DSW, Inc. Class A* 90 3,134 Foot Locker, Inc. 168 3,662 GameStop Corp. Class A* 144 5,630 Gap, Inc. (The) 690 13,180 Guess?, Inc. 108 5,188 Home Depot, Inc. 2,504 98,533 Limited Brands, Inc. 384 10,541 Lowe's Cos., Inc. 1,618 49,657 Men's Wearhouse, Inc. (The) 84 4,290 Office Depot, Inc.* 198 5,999 OfficeMax, Inc. 72 2,830 O'Reilly Automotive, Inc.* 108 3,947 Payless ShoeSource Inc.* 120 3,786 PetSmart, Inc. 120 3,894 RadioShack Corp. 168 5,568 Rent-A-Center, Inc.* 126 3,305 Ross Stores, Inc. 114 3,511 Sherwin-Williams Co. (The) 144 9,572 Staples, Inc. 510 12,102 Tiffany & Co. 108 5,730 TJX Cos., Inc. 420 11,550 Tractor Supply Co.* 78 4,060 United Auto Group, Inc. 156 3,321 Urban Outfitters, Inc.* 150 3,605 Williams-Sonoma, Inc. 108 3,411 ------------- Total Specialty Retail 364,881 ------------- Textiles, Apparel & Luxury Goods--0.4% Coach, Inc.* 204 9,668 Columbia Sportswear Co. 60 4,121 Jones Apparel Group, Inc. 114 3,221 Liz Claiborne, Inc. 96 3,581 Nike, Inc. Class B 456 26,579 Phillips-Van Heusen Corp. 72 4,361 Polo Ralph Lauren Corp. 78 7,653 VF Corp. 114 10,440 ------------- Total Textiles, Apparel & Luxury Goods 69,624 ------------- Thrifts & Mortgage Finance--1.3% Accredited Home Lenders Holding Co.* 515 7,040 Astoria Financial Corp. 126 3,155 Capitol Federal Financial 96 3,544 Corus Bankshares, Inc. 365 6,300 Countrywide Financial Corp. 1,062 38,605 Delta Financial Corp. 409 5,018 Downey Financial Corp. 54 3,563 FirstFed Financial Corp.* 102 5,786 Fremont General Corp. 742 7,984 Hudson City Bancorp, Inc. 342 4,179 IndyMac Bancorp, Inc. 245 7,147 MGIC Investment Corp. 156 8,870 New York Community Bancorp, Inc. 222 3,778 NewAlliance Bancshares, Inc. 234 3,444 Ocwen Financial Corp.* 418 5,572 Peoples's United Financial, Inc. 180 3,191 PMI Group, Inc. (The) 150 6,701 See Notes to Schedule of Investments. 19 Schedule of Investments (unaudited)(concluded) WisdomTree Total Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Radian Group, Inc. 156 $ 8,424 Sovereign Bancorp, Inc. 270 5,708 United Community Financial Corp. 331 3,303 Washington Federal, Inc. 162 3,938 Washington Mutual, Inc. 1,176 50,146 Webster Financial Corp. 78 3,328 ------------- Total Thrifts & Mortgage Finance 198,724 ------------- Tobacco--1.3% Altria Group, Inc. 2,225 156,061 Reynolds American, Inc. 682 44,466 UST, Inc. 150 8,057 ------------- Total Tobacco 208,584 ------------- Trading Companies & Distributors--0.2% Fastenal Co. 102 4,270 GATX Corp. 78 3,842 MSC Industrial Direct Co. Class A 84 4,620 United Rentals, Inc.* 144 4,685 W.W. Grainger, Inc. 90 8,374 WESCO International, Inc.* 60 3,627 ------------- Total Trading Companies & Distributors 29,418 ------------- Water Utilities--0.0% Aqua America Inc. 162 3,643 ------------- Wireless Telecommunication Services--0.5% ALLTEL Corp. 210 14,186 Leap Wireless International, Inc.* 60 5,070 NII Holdings, Inc.* 54 4,360 Sprint Nextel Corp. 762 15,781 Telephone & Data Systems, Inc. 551 34,476 United States Cellular Corp.* 72 6,523 ------------- Total Wireless Telecommunication Services 80,396 ------------- TOTAL INVESTMENTS IN SECURITIES--99.8% (Cost: $15,219,067) (a) 15,479,649 Cash and Other Assets in Excess of Liabilities--0.2% 34,951 ------------- NET ASSETS--100.0% $ 15,514,600 ============= * Non-income producing security. (a) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 20 WisdomTree Total Earnings Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Energy 15.6% Diversified Financials 10.6% Capital Goods 8.5% Insurance 6.9% Banks 5.8% Pharmaceuticals, Biotechnology & Life Sciences 5.7% Technology Hardware & Equipment 4.8% Food, Beverage & Tobacco 4.6% Materials 4.1% Utilities 3.8% Software & Services 3.5% Health Care Equipment & Services 3.5% Retailing 3.4% Media 2.7% Telecommunication Services 2.7% Food & Staples Retailing 2.5% Semiconductors & Semiconductor Equipment 2.0% Consumer Durables & Apparel 2.0% Transportation 1.8% Consumer Services 1.6% Household & Personal Products 1.5% Commercial Services & Supplies 0.9% Real Estate 0.8% Automobiles & Components 0.5% Other 0.2% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.7% Aerospace & Defense--2.4% Boeing Co. (The) 744 $ 71,543 General Dynamics Corp. 552 43,177 Goodrich Corp. 264 15,724 Honeywell International, Inc. 1,264 71,138 L-3 Communications Holdings, Inc. 184 17,920 Lockheed Martin Corp. 672 63,255 Northrop Grumman Corp. 512 39,869 Precision Castparts Corp. 144 17,476 Raytheon Co. 680 36,645 Rockwell Collins, Inc. 184 12,998 United Technologies Corp. 1,416 100,437 ------------- Total Aerospace & Defense 490,182 ------------- Air Freight & Logistics--0.8% C.H. Robinson Worldwide, Inc. 152 7,983 Expeditors International Washington, Inc. 144 5,947 FedEx Corp. 424 47,051 United Parcel Service Inc. Class B 1,344 98,113 ------------- Total Air Freight & Logistics 159,094 ------------- Airlines--0.1% Southwest Airlines Co. 832 12,405 US Airways Group, Inc.* 16 484 ------------- Total Airlines 12,889 ------------- Auto Components--0.2% Johnson Controls, Inc. 312 36,120 ------------- Automobiles--0.1% Harley-Davidson, Inc. 384 22,890 ------------- Beverages--1.8% Anheuser-Busch Cos., Inc. 1,095 57,115 Brown-Forman Corp. Class B 152 11,108 Coca-Cola Co. (The) 2,680 140,192 Coca-Cola Enterprises, Inc. 664 15,936 Constellation Brands, Inc. Class A* 272 6,604 Molson Coors Brewing Co. Class B 88 8,136 Pepsi Bottling Group, Inc. 384 12,933 PepsiCo, Inc. 1,984 128,662 ------------- Total Beverages 380,686 ------------- Biotechnology--0.7% Amgen, Inc.* 1,056 58,386 Biogen Idec, Inc.* 8 428 Genentech, Inc.* 568 42,975 Genzyme Corp.* 176 11,334 Gilead Sciences, Inc.* 592 22,952 ------------- Total Biotechnology 136,075 ------------- Building Products--0.2% American Standard Cos., Inc. 288 16,986 Masco Corp. 800 22,777 USG Corp.* 160 7,846 ------------- Total Building Products 47,609 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Capital Markets--4.5% American Capital Strategies Ltd. 384 $ 16,328 Bank of New York Co, Inc. (The) 912 37,793 Bear Stearns & Co., Inc. (The) 304 42,560 BlackRock, Inc. 40 6,264 Charles Schwab Corp. (The) 1,240 25,445 E*Trade Financial Corp.* 528 11,664 Franklin Resources, Inc. 200 26,494 Goldman Sachs Group, Inc. 1,013 219,567 Legg Mason, Inc. 152 14,954 Lehman Brothers Holdings, Inc. 1,248 93,001 Mellon Financial Corp. 504 22,176 Merrill Lynch & Co., Inc. 1,432 119,687 Morgan Stanley 2,443 204,918 Northern Trust Corp. 280 17,987 SEI Investments Co. 176 5,111 State Street Corp. 400 27,360 T. Rowe Price Group, Inc. 280 14,529 TD Ameritrade Holding Corp.* 712 14,240 ------------- Total Capital Markets 920,078 ------------- Chemicals--1.6% Air Products & Chemicals, Inc. 232 18,646 Ashland, Inc. 72 4,604 Dow Chemical Co. (The) 2,120 93,746 E.I. Du Pont de Nemours & Co. 1,256 63,855 Eastman Chemical Co. 176 11,322 Ecolab, Inc. 208 8,882 Lyondell Chemical Co. 616 22,866 Monsanto Co. 376 25,395 PPG Industries, Inc. 288 21,920 Praxair, Inc. 384 27,644 Rohm & Haas Co. 360 19,685 Sigma-Aldrich Corp. 168 7,169 ------------- Total Chemicals 325,734 ------------- Commercial Banks--4.4% BB&T Corp. 976 39,704 Comerica, Inc. 336 19,982 Commerce Bancorp, Inc. 168 6,214 Compass Bancshares, Inc. 192 13,244 Fifth Third Bancorp 912 36,270 First Horizon National Corp. 176 6,864 Huntington Bancshares, Inc. 488 11,097 KeyCorp 808 27,739 M&T Bank Corp. 176 18,814 Marshall & Ilsley Corp. 424 20,195 National City Corp. 1,256 41,850 PNC Financial Services Group, Inc. (The) 888 63,563 Popular, Inc. 568 9,128 Regions Financial Corp. 848 28,069 SunTrust Banks, Inc. 616 52,816 Synovus Financial Corp. 480 14,736 U.S. Bancorp 3,320 109,394 UnionBanCal Corp. 288 17,194 Wachovia Corp. 3,120 159,900 Wells Fargo & Co. 5,760 202,579 Zions Bancorp 176 13,536 ------------- Total Commercial Banks 912,888 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Commercial Services & Supplies--0.5% Avery Dennison Corp. 115 $ 7,645 Cintas Corp. 200 7,886 Dun & Bradstreet Corp. 72 7,415 Equifax, Inc. 168 7,463 Manpower, Inc. 104 9,593 Monster Worldwide, Inc.* 88 3,617 Pitney Bowes, Inc. 272 12,735 R.R. Donnelley & Sons Co. 256 11,139 Republic Services, Inc. 252 7,721 Robert Half International, Inc. 184 6,716 Waste Management, Inc. 776 30,302 ------------- Total Commercial Services & Supplies 112,232 ------------- Communications Equipment--1.7% Avaya, Inc.* 392 6,601 Cisco Systems, Inc.* 5,096 141,925 Corning, Inc.* 1,712 43,742 Harris Corp. 168 9,164 Juniper Networks, Inc.* 120 3,020 Motorola, Inc. 4,112 72,782 Qualcomm, Inc. 1,552 67,341 ------------- Total Communications Equipment 344,575 ------------- Computers & Peripherals--2.7% Apple, Inc.* 424 51,745 Dell, Inc.* 1,656 47,279 EMC Corp. 1,816 32,870 Hewlett-Packard Co. 3,120 139,213 International Business Machines Corp. 2,410 253,652 Lexmark International, Inc. Class A* 112 5,523 NCR Corp.* 248 13,030 Network Appliance, Inc.* 120 3,504 SanDisk Corp.* 208 10,180 ------------- Total Computers & Peripherals 556,996 ------------- Construction & Engineering--0.1% Fluor Corp. 80 8,910 Jacobs Engineering Group, Inc.* 128 7,361 ------------- Total Construction & Engineering 16,271 ------------- Construction Materials--0.1% Vulcan Materials Co. 120 13,745 ------------- Consumer Finance--0.9% American Express Co. 1,392 85,163 Capital One Financial Corp. 768 60,242 SLM Corp. 792 45,603 ------------- Total Consumer Finance 191,008 ------------- Consumer Staples--0.1% SUPERVALU, INC. 264 12,228 ------------- Containers & Packaging--0.0% Sealed Air Corp. 224 6,948 ------------- Distributors--0.1% Genuine Parts Co. 248 12,301 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Diversified Consumer Services--0.1% Apollo Group, Inc. Class A* 232 $ 13,556 H&R Block, Inc. 440 10,283 Weight Watchers International, Inc. 112 5,694 ------------- Total Diversified Consumer Services 29,533 ------------- Diversified Financial Services--6.4% Bank of America Corp. 9,336 456,437 Chicago Mercantile Exchange Holdings, Inc. Class A 16 8,550 CIT Group, Inc. 464 25,441 Citigroup, Inc. 9,768 501,001 JPMorgan Chase & Co. 6,376 308,917 Moody's Corp. 232 14,430 ------------- Total Diversified Financial Services 1,314,776 ------------- Diversified Telecommunication Services--2.4% AT&T, Inc. 6,986 289,919 CenturyTel, Inc. 184 9,025 Verizon Communications, Inc. 4,392 180,819 Windstream Corp. 744 10,981 ------------- Total Diversified Telecommunication Services 490,744 ------------- Electric Utilities--1.7% Allegheny Energy, Inc.* 152 7,864 American Electric Power Co., Inc. 488 21,980 Duke Energy Corp. 2,656 48,605 Edison International 616 34,570 Entergy Corp. 280 30,058 Exelon Corp. 848 61,564 FirstEnergy Corp. 488 31,588 FPL Group, Inc. 520 29,505 Pepco Holdings, Inc. 224 6,317 Pinnacle West Capital Corp. 152 6,057 PPL Corp. 616 28,823 Progress Energy, Inc. 232 10,577 Southern Co. 1,048 35,936 ------------- Total Electric Utilities 353,444 ------------- Electrical Equipment--0.3% Emerson Electric Co. 1,104 51,667 Rockwell Automation, Inc. 256 17,777 ------------- Total Electrical Equipment 69,444 ------------- Electronic Equipment & Instruments--0.2% Agilent Technologies, Inc.* 440 16,914 Amphenol Corp. Class A 192 6,845 CDW Corp. 96 8,157 Jabil Circuit, Inc. 200 4,414 Molex, Inc. 216 6,482 ------------- Total Electronic Equipment & Instruments 42,812 ------------- Energy Equipment & Services--1.1% Baker Hughes, Inc. 424 35,671 BJ Services Co. 640 18,202 Cameron International Corp.* 128 9,148 Diamond Offshore Drilling, Inc. 184 18,687 ENSCO International, Inc. 304 18,547 Grant Prideco, Inc.* 240 12,919 Halliburton Co. 2,072 71,484 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- National Oilwell Varco, Inc.* 208 $ 21,682 Pride International, Inc.* 192 7,192 Smith International, Inc. 264 15,481 ------------- Total Energy Equipment & Services 229,013 ------------- Food & Staples Retailing--2.6% Costco Wholesale Corp. 520 30,430 CVS Corp. 1,988 72,463 Kroger Co. (The) 1,048 29,480 Safeway, Inc. 552 18,785 SYSCO Corp. 624 20,586 Walgreen Co. 1,016 44,237 Wal-Mart Stores, Inc. 6,431 309,395 Whole Foods Market, Inc. 104 3,983 ------------- Total Food & Staples Retailing 529,359 ------------- Food Products--1.7% Archer-Daniels-Midland Co. 1,208 39,973 Campbell Soup Co. 480 18,629 ConAgra Foods, Inc. 400 10,744 Dean Foods Co.* 160 5,099 General Mills, Inc. 456 26,640 H.J. Heinz Co. 360 17,089 Hershey Co. (The) 288 14,579 Hormel Foods Corp. 192 7,171 Kellogg Co. 512 26,516 Kraft Foods, Inc. Class A 4,619 162,819 McCormick & Co., Inc. 120 4,582 Sara Lee Corp. 744 12,946 Wm. Wrigley Jr. Co. 248 13,717 ------------- Total Food Products 360,504 ------------- Gas Utilities--0.1% Equitable Resources, Inc. 128 6,344 Questar Corp. 240 12,684 ------------- Total Gas Utilities 19,028 ------------- Health Care Equipment & Supplies--1.0% Baxter International, Inc. 704 39,663 Becton Dickinson & Co. 280 20,860 Biomet, Inc. 184 8,412 C.R. Bard, Inc. 104 8,594 DENTSPLY International, Inc. 128 4,897 Hospira, Inc.* 144 5,622 Medtronic, Inc. 1,312 68,041 St. Jude Medical, Inc.* 264 10,953 Stryker Corp. 344 21,703 Varian Medical Systems, Inc.* 128 5,441 Zimmer Holdings, Inc.* 264 22,411 ------------- Total Health Care Equipment & Supplies 216,597 ------------- Health Care Providers & Services--2.2% Aetna, Inc. 1,000 49,400 AmerisourceBergen Corp. 240 11,873 Cardinal Health, Inc. 512 36,168 Cigna Corp. 672 35,092 Coventry Health Care, Inc.* 272 15,681 DaVita, Inc.* 128 6,897 Express Scripts, Inc.* 336 16,803 Health Management Associates, Inc. Class A* 280 3,181 Health Net, Inc.* 176 9,293 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Humana, Inc.* 176 $ 10,720 Laboratory Corp. of America Holdings* 144 11,269 McKesson Corp. 408 24,333 Medco Health Solutions, Inc.* 328 25,581 Omnicare, Inc. 160 5,770 Patterson Cos., Inc.* 136 5,069 Quest Diagnostics, Inc. 304 15,702 UnitedHealth Group, Inc. 1,912 97,779 WellPoint, Inc.* 968 77,274 ------------- Total Health Care Providers & Services 457,885 ------------- Health Care Technology--0.0% IMS Health, Inc. 280 8,996 ------------- Hotels, Restaurants & Leisure--1.1% Darden Restaurants, Inc. 216 9,502 Harrah's Entertainment, Inc. 136 11,595 Hilton Hotels Corp. 288 9,639 International Game Technology 272 10,798 Las Vegas Sands Corp.* 56 4,278 Marriott International, Inc. Class A 360 15,566 McDonald's Corp. 1,688 85,684 MGM Mirage* 248 20,455 Starbucks Corp.* 408 10,706 Starwood Hotels & Resorts Worldwide, Inc. 424 28,438 Wynn Resorts Ltd.* 21 1,883 Yum! Brands, Inc. 736 24,082 ------------- Total Hotels, Restaurants & Leisure 232,626 ------------- Household Durables--0.8% Black & Decker Corp. (The) 168 14,836 Centex Corp. 440 17,644 D.R. Horton, Inc. 1,168 23,278 Fortune Brands, Inc. 232 19,110 Harman International Industries, Inc. 64 7,475 Mohawk Industries, Inc.* 136 13,707 Newell Rubbermaid, Inc. 374 11,007 Pulte Homes, Inc. 928 20,834 Toll Brothers, Inc.* 648 16,187 Whirlpool Corp. 144 16,013 ------------- Total Household Durables 160,091 ------------- Household Products--1.5% Clorox Co. (The) 184 11,426 Colgate-Palmolive Co. 488 31,647 Kimberly-Clark Corp. 544 36,388 Procter & Gamble Co. 3,633 222,304 ------------- Total Household Products 301,765 ------------- Independent Power Producers & Energy--0.8% AES Corp. (The)* 981 21,464 Constellation Energy Group, Inc. 264 23,013 Mirant Corp.* 696 29,684 NRG Energy, Inc.* 544 22,614 TXU Corp. 1,096 73,761 ------------- Total Independent Power Producers & Energy 170,536 ------------- See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Industrial Conglomerates--3.1% 3M Co. 1,245 $ 108,054 General Electric Co. 13,184 504,683 Textron, Inc. 176 19,379 ------------- Total Industrial Conglomerates 632,116 ------------- Insurance--7.0% Allstate Corp. (The) 1,896 116,623 AMBAC Financial Group, Inc. 248 21,623 American Family Life Assurance Co., Inc. 800 41,120 American International Group, Inc. 4,461 312,405 AON Corp. 448 19,089 Assurant, Inc. 328 19,326 Berkshire Hathaway, Inc. Class B* 56 201,880 Chubb Corp. (The) 1,104 59,771 Cincinnati Financial Corp. 296 12,846 CNA Financial Corp.* 352 16,787 Genworth Financial, Inc. Class A 960 33,024 Hartford Financial Services Group, Inc. (The) 720 70,927 Lincoln National Corp. 448 31,786 Loews Corp. 968 49,349 Marsh & McLennan Cos., Inc. 432 13,340 MBIA, Inc. 288 17,919 Metlife, Inc. 1,600 103,168 Nationwide Financial Services, Inc. Class A 336 21,242 Old Republic International Corp. 504 10,715 Principal Financial Group, Inc. 432 25,181 Progressive Corp. (The) 1,664 39,820 Prudential Financial, Inc. 728 70,783 Safeco Corp. 296 18,429 Torchmark Corp. 200 13,400 Travelers Cos., Inc. (The) 1,488 79,608 Unum Group 368 9,608 W.R. Berkley Corp. 480 15,619 ------------- Total Insurance 1,445,388 ------------- Internet & Catalog Retail--0.1% Amazon.Com, Inc.* 200 13,682 Expedia, Inc.* 296 8,670 IAC/InterActiveCorp.* 208 7,199 ------------- Total Internet & Catalog Retail 29,551 ------------- Internet Software & Services--0.6% Akamai Technologies, Inc.* 24 1,167 eBay, Inc.* 784 25,229 Google, Inc. Class A* 128 66,993 VeriSign, Inc.* 408 12,946 Yahoo! Inc.* 856 23,223 ------------- Total Internet Software & Services 129,558 ------------- IT Services--0.6% Affiliated Computer Services, Inc. Class A* 136 7,714 Alliance Data Systems Corp.* 72 5,564 Automatic Data Processing, Inc. 552 26,755 Broadridge Financial Solutions, Inc. 138 2,639 Cognizant Technology Solutions Corp. Class A* 72 5,406 Computer Sciences Corp.* 192 11,357 Electronic Data Systems Corp. 392 10,870 Fidelity National Information Services, Inc. 144 7,816 First Data Corp. 592 19,341 Fiserv, Inc.* 224 12,723 Iron Mountain, Inc.* 112 2,927 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Paychex, Inc. 296 $ 11,580 Total System Services, Inc. 208 6,138 ------------- Total IT Services 130,830 ------------- Leisure Equipment & Products--0.1% Mattel, Inc. 632 15,983 ------------- Life Sciences Tools & Services--0.1% Thermo Fisher Scientific, Inc.* 112 5,793 Waters Corp.* 112 6,648 ------------- Total Life Sciences Tools & Services 12,441 ------------- Machinery--2.1% Caterpillar, Inc. 1,520 119,015 Cummins, Inc. 304 30,768 Danaher Corp. 368 27,784 Deere & Co. 392 47,330 Dover Corp. 296 15,140 Eaton Corp. 320 29,760 Illinois Tool Works, Inc. 920 49,855 ITT Corp. 200 13,656 Joy Global, Inc. 224 13,066 Paccar, Inc. 552 48,046 Parker Hannifin Corp. 248 24,282 Terex Corp.* 152 12,358 ------------- Total Machinery 431,060 ------------- Media--2.8% CBS Corp. Class B 1,008 33,587 Citadel Broadcasting Corp. 195 1,258 Clear Channel Communications, Inc. 432 16,338 Comcast Corp. Class A* 1,332 37,456 DIRECTV Group, Inc. (The)* 1,216 28,102 E.W. Scripps Co. (The) Class A 174 7,950 EchoStar Communications Corp. Class A* 392 17,001 Gannett Co., Inc. 440 24,178 McGraw-Hill Cos., Inc. (The) 320 21,786 News Corp. Class A 7,776 164,928 Omnicom Group, Inc. 416 22,015 Time Warner, Inc. 4,744 99,814 Tribune Co. 376 11,054 Walt Disney Co. (The) 2,544 86,852 ------------- Total Media 572,319 ------------- Metals & Mining--1.5% Alcoa, Inc. 1,720 69,712 Allegheny Technologies, Inc. 160 16,781 Freeport-McMoRan Copper & Gold, Inc. 592 49,029 Newmont Mining Corp. 288 11,249 Nucor Corp. 728 42,697 Southern Copper Corp. 800 75,409 Titanium Metals Corp.* 216 6,890 United States Steel Corp. 416 45,240 ------------- Total Metals & Mining 317,007 ------------- Multiline Retail--0.9% Dollar General Corp. 440 9,645 JC Penney Co., Inc. 344 24,899 Kohl's Corp.* 336 23,866 Macy's, Inc. 528 21,004 Nordstrom, Inc. 304 15,540 See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(continued) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Sears Holdings Corp.* 128 $ 21,696 Target Corp. 1,096 69,706 ------------- Total Multiline Retail 186,356 ------------- Multi-Utilities--1.1% Ameren Corp. 272 13,331 Centerpoint Energy, Inc. 696 12,110 Consolidated Edison, Inc. 304 13,716 Dominion Resources, Inc. 488 42,120 DTE Energy Co. 328 15,816 KeySpan Corp. 312 13,098 NiSource, Inc. 352 7,290 PG&E Corp. 592 26,818 Public Service Enterprise Group, Inc. 240 21,067 SCANA Corp. 176 6,739 Sempra Energy 600 35,538 Wisconsin Energy Corp. 176 7,784 Xcel Energy, Inc. 600 12,282 ------------- Total Multi-Utilities 227,709 ------------- Office Electronics--0.2% Xerox Corp.* 1,872 34,595 ------------- Oil, Gas & Consumable Fuels--15.6% Anadarko Petroleum Corp. 1,856 96,493 Apache Corp. 976 79,632 Arch Coal, Inc. 152 5,290 Chesapeake Energy Corp. 1,488 51,485 Chevron Corp. 5,992 504,766 ConocoPhillips 5,873 461,031 CONSOL Energy, Inc. 248 11,435 Devon Energy Corp. 1,168 91,443 El Paso Corp. 584 10,062 EOG Resources, Inc. 560 40,914 Exxon Mobil Corp. 13,280 1,113,927 Hess Corp. 832 49,055 Marathon Oil Corp. 2,752 165,010 Murphy Oil Corp. 344 20,447 Newfield Exploration Co.* 344 15,669 Noble Energy, Inc. 296 18,467 Occidental Petroleum Corp. 2,288 132,429 Peabody Energy Corp. 328 15,869 Pioneer Natural Resources Co. 136 6,625 Southwestern Energy Co.* 112 4,984 Sunoco, Inc. 440 35,059 Tesoro Corp. 512 29,261 Valero Energy Corp. 2,576 190,263 Williams Cos., Inc. (The) 424 13,407 XTO Energy, Inc. 968 58,177 ------------- Total Oil, Gas & Consumable Fuels 3,221,200 ------------- Paper & Forest Products--0.0% MeadWestvaco Corp. 48 1,695 Weyerhaeuser Co. 40 3,158 ------------- Total Paper & Forest Products 4,853 ------------- Personal Products--0.1% Avon Products, Inc. 392 14,406 Estee Lauder Cos., Inc. (The) Class A 208 9,466 ------------- Total Personal Products 23,872 ------------- See Notes to Schedule of Investments. 9 Schedule of Investments (unaudited)(continued) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Pharmaceuticals--5.6% Abbott Laboratories 1,672 $ 89,536 Barr Pharmaceuticals, Inc.* 160 8,037 Bristol-Myers Squibb Co. 2,272 71,704 Eli Lilly & Co. 1,528 85,385 Forest Laboratories, Inc.* 352 16,069 Johnson & Johnson 4,136 254,860 Merck & Co., Inc. 3,264 162,547 Pfizer, Inc. 12,293 314,332 Schering-Plough Corp. 1,048 31,901 Sepracor, Inc.* 48 1,969 Wyeth 2,072 118,808 ------------- Total Pharmaceuticals 1,155,148 ------------- Real Estate Investment Trusts--0.5% AMB Property Corp. 72 3,832 Archstone-Smith Trust 88 5,202 AvalonBay Communities, Inc. 32 3,804 Boston Properties, Inc. 200 20,426 Developers Diversified Realty Corp. 72 3,795 Duke Realty Corp. 48 1,712 Equity Residential 32 1,460 General Growth Properties, Inc. 14 741 Health Care Property Investors, Inc. 104 3,009 Host Hotels & Resorts, Inc. 192 4,439 Kimco Realty Corp. 192 7,309 Macerich Co. (The) 16 1,319 Plum Creek Timber Co., Inc. 208 8,665 Prologis 184 10,470 Public Storage, Inc. 56 4,302 Regency Centers Corp. 40 2,820 Simon Property Group, Inc. 96 8,932 SL Green Realty Corp. 24 2,973 Vornado Realty Trust 96 10,545 ------------- Total Real Estate Investment Trusts 105,755 ------------- Real Estate Management & Development--0.0% CB Richard Ellis Group, Inc. Class A* 224 8,176 ------------- Road & Rail--0.8% Burlington Northern Santa Fe Corp. 624 53,128 CSX Corp. 816 36,785 Norfolk Southern Corp. 704 37,009 Union Pacific Corp. 368 42,375 ------------- Total Road & Rail 169,297 ------------- Semiconductors & Semiconductor Equipment--2.0% Advanced Micro Devices, Inc.* 696 9,953 Altera Corp.* 352 7,790 Analog Devices, Inc. 240 9,034 Applied Materials, Inc. 1,648 32,745 Broadcom Corp. Class A* 192 5,616 Intel Corp. 6,751 160,403 KLA-Tencor Corp. 88 4,836 Lam Research Corp.* 224 11,514 Linear Technology Corp. 360 13,025 Maxim Integrated Products, Inc. 392 13,097 MEMC Electronic Materials, Inc.* 168 10,268 Microchip Technology, Inc. 200 7,408 Micron Technology, Inc.* 368 4,611 National Semiconductor Corp. 488 13,796 Nvidia Corp.* 216 8,923 Texas Instruments, Inc. 2,288 86,096 See Notes to Schedule of Investments. 10 Schedule of Investments (unaudited)(continued) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Xilinx, Inc. 336 $ 8,995 ------------- Total Semiconductors & Semiconductor Equipment 408,110 ------------- Software--2.3% Activision Inc.* 40 747 Adobe Systems, Inc.* 272 10,921 Autodesk, Inc.* 128 6,026 BEA Systems, Inc.* 168 2,300 BMC Software, Inc.* 136 4,121 CA, Inc. 104 2,686 Cadence Design Systems, Inc.* 96 2,108 Citrix Systems, Inc.* 168 5,657 Electronic Arts, Inc.* 72 3,407 Intuit, Inc.* 304 9,144 Microsoft Corp. 11,279 332,392 Oracle Corp.* 4,928 97,131 Symantec Corp.* 360 7,272 ------------- Total Software 483,912 ------------- Specialty Retail--2.0% Abercrombie & Fitch Co. Class A 128 9,341 American Eagle Outfitters, Inc. 248 6,364 Autozone, Inc.* 128 17,487 Bed Bath & Beyond, Inc.* 368 13,244 Best Buy Co., Inc. 632 29,495 Carmax, Inc.* 176 4,488 Gap, Inc. (The) 1,080 20,628 Home Depot, Inc. 3,984 156,771 Limited Brands, Inc. 600 16,470 Lowe's Cos., Inc. 2,528 77,585 Office Depot, Inc.* 312 9,454 Sherwin-Williams Co. (The) 224 14,889 Staples, Inc. 792 18,794 Tiffany & Co. 168 8,914 TJX Cos., Inc. (The) 656 18,040 ------------- Total Specialty Retail 421,964 ------------- Textiles, Apparel & Luxury Goods--0.4% Coach, Inc.* 320 15,165 Nike, Inc. Class B 704 41,036 Polo Ralph Lauren Corp. 120 11,773 VF Corp. 176 16,118 ------------- Total Textiles, Apparel & Luxury Goods 84,092 ------------- Thrifts & Mortgage Finance--0.9% Countrywide Financial Corp. 1,834 66,666 Hudson City Bancorp, Inc. 528 6,452 MGIC Investment Corp. 240 13,646 New York Community Bancorp, Inc. 336 5,719 People's Bank 67 1,188 Sovereign Bancorp, Inc. 432 9,132 Washington Mutual, Inc. 1,832 78,117 ------------- Total Thrifts & Mortgage Finance 180,920 ------------- Tobacco--1.6% Altria Group, Inc. 3,416 239,598 Reynolds American, Inc. 1,048 68,330 UST, Inc. 232 12,461 ------------- Total Tobacco 320,389 ------------- See Notes to Schedule of Investments. 11 Schedule of Investments (unaudited)(concluded) WisdomTree Earnings 500 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Trading Companies & Distributors--0.1% Fastenal Co. 144 $ 6,028 W.W. Grainger, Inc. 144 13,399 ------------- Total Trading Companies & Distributors 19,427 ------------- Wireless Telecommunication Services--0.6% ALLTEL Corp. 328 22,156 NII Holdings, Inc.* 88 7,105 Sprint Nextel Corp. 1,192 24,686 Telephone & Data Systems, Inc. 848 53,060 United States Cellular Corp.* 112 10,147 ------------- Total Wireless Telecommunication Services 117,154 ------------- TOTAL INVESTMENTS IN SECURITIES--99.7% (Cost: $19,915,684) (a) 20,586,884 Cash and Other Assets in Excess of Liabilities--0.3% 66,100 ------------- NET ASSETS--100.0% $ 20,652,984 ============= * Non-income producing security. (a) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 12 WisdomTree Earnings 500 Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Energy 16.7% Diversified Financials 11.7% Capital Goods 8.3% Insurance 7.0% Pharmaceuticals, Biotechnology & Life Sciences 6.3% Banks 5.3% Food, Beverage & Tobacco 5.1% Technology Hardware & Equipment 4.7% Utilities 3.7% Software & Services 3.6% Health Care Equipment & Services 3.3% Materials 3.2% Retailing 3.2% Telecommunication Services 2.9% Media 2.8% Food & Staples Retailing 2.6% Semiconductors & Semiconductor Equipment 2.0% Transportation 1.7% Household & Personal Products 1.6% Consumer Services 1.3% Consumer Durables & Apparel 1.3% Real Estate 0.6% Commercial Services & Supplies 0.5% Automobiles & Components 0.3% Other 0.3% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.1% Aerospace & Defense--1.3% Alliant Techsystems, Inc.* 288 $ 28,555 Armor Holdings, Inc.* 360 31,273 BE Aerospace, Inc.* 724 29,901 Ceradyne, Inc.* 288 21,300 Curtiss-Wright Corp. 306 14,263 DRS Technologies, Inc. 258 14,776 Hexcel Corp.* 1,394 29,372 Moog, Inc. Class A* 336 14,821 Teledyne Technologies, Inc.* 276 12,682 ------------- Total Aerospace & Defense 196,943 ------------- Air Freight & Logistics--0.1% EGL, Inc.* 318 14,781 ------------- Airlines--0.3% Continental Airlines, Inc. Class B* 910 30,822 Skywest, Inc. 892 21,256 ------------- Total Airlines 52,078 ------------- Auto Components--2.0% ArvinMeritor, Inc. 1,096 24,331 Autoliv, Inc. 928 52,775 BorgWarner, Inc. 612 52,656 Gentex Corp. 994 19,572 Goodyear Tire & Rubber Co. (The)* 2,436 84,676 Sauer-Danfoss, Inc. 288 8,571 TRW Automotive Holdings Corp.* 2,047 75,391 ------------- Total Auto Components 317,972 ------------- Automobiles--0.2% Thor Industries, Inc. 570 25,730 ------------- Beverages--0.3% Hansen Natural Corp.* 294 12,636 PepsiAmericas, Inc. 1,180 28,981 ------------- Total Beverages 41,617 ------------- Biotechnology--0.5% Cephalon, Inc.* 354 28,458 ImClone Systems, Inc.* 1,454 51,414 ------------- Total Biotechnology 79,872 ------------- Building Products--0.3% Lennox International, Inc. 790 27,042 Simpson Manufacturing Co., Inc. 516 17,410 ------------- Total Building Products 44,452 ------------- Capital Markets--2.9% Affiliated Managers Group, Inc.* 198 25,494 AG Edwards, Inc. 660 55,803 Allied Capital Corp. 2,490 77,090 Apollo Investment Corp. 868 18,679 Eaton Vance Corp. 694 30,661 Federated Investors, Inc. Class B 838 32,121 GFI Group, Inc.* 156 11,307 Greenhill & Co., Inc. 156 10,719 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Investment Technology Group, Inc.* 306 $ 13,259 Janus Capital Group, Inc. 766 21,325 Jefferies Group, Inc. 1,030 27,789 Knight Capital Group, Inc. Class A* 1,030 17,098 MCG Capital Corp. 928 14,867 Nuveen Investments, Inc. Class A 486 30,205 optionsXpress Holdings, Inc. 498 12,779 Raymond James Financial, Inc. 964 29,788 Waddell & Reed Financial, Inc. Class A 712 18,519 ------------- Total Capital Markets 447,503 ------------- Chemicals--3.3% Airgas, Inc. 510 24,429 Albemarle Corp. 420 16,183 Cabot Corp. 366 17,451 Celanese Corp. Series A 1,796 69,648 CF Industries Holdings, Inc. 312 18,686 Cytec Industries, Inc. 294 18,748 FMC Corp. 252 22,526 H.B. Fuller Co. 450 13,451 Hercules, Inc. 510 10,022 Huntsman Corp. 2,568 62,427 International Flavors & Fragrances, Inc. 754 39,314 Lubrizol Corp. 588 37,955 Nalco Holding Co. 552 15,152 Olin Corp. 1,376 28,896 OM Group, Inc.* 426 22,544 Rockwood Holdings, Inc.* 480 17,544 Scotts Miracle-Gro Co. (The) Class A 402 17,262 Valhi, Inc. 432 7,042 Valspar Corp. (The) 892 25,342 Westlake Chemical Corp. 1,132 31,832 ------------- Total Chemicals 516,454 ------------- Commercial Banks--4.7% Alabama National Bancorp 156 9,647 Associated Banc-Corp 1,394 45,583 BancorpSouth, Inc. 754 18,443 Bank of Hawaii Corp. 492 25,407 BOK Financial Corp. 582 31,090 Cathay General Bancorp 486 16,300 Central Pacific Financial Corp. 312 10,299 Chittenden Corp. 408 14,260 Citizens Banking Corp. 784 14,347 City National Corp. 498 37,893 Colonial BancGroup, Inc. (The) 1,466 36,606 Commerce Bancshares, Inc. 666 30,170 Cullen/Frost Bankers, Inc. 492 26,307 East West Bancorp, Inc. 570 22,162 First Citizens BancShares, Inc. Class A 90 17,496 First Community Bancorp 192 10,984 First Midwest Bancorp, Inc. 420 14,914 First Republic Bank 204 10,947 FirstMerit Corp. 694 14,525 Fulton Financial Corp. 1,640 23,649 Greater Bay Bancorp 438 12,194 Hancock Holding Co. 258 9,688 International Bancshares Corp. 672 17,217 Old National Bancorp 432 7,176 Pacific Capital Bancorp 474 12,789 Park National Corp. 144 12,210 Provident Bankshares Corp. 300 9,834 South Financial Group, Inc. (The) 420 9,509 Susquehanna Bancshares, Inc. 474 10,603 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- SVB Financial Group 300 $ 15,933 TCF Financial Corp. 1,388 38,586 Trustmark Corp. 528 13,654 UCBH Holdings, Inc. 660 12,058 UMB Financial Corp. 276 10,176 Umpqua Holdings Corp. 384 9,028 United Bankshares, Inc. 336 10,685 Valley National Bancorp 1,012 22,760 Westamerica Bancorp 300 13,272 Whitney Holding Corp. 648 19,505 Wilmington Trust Corp. 642 26,649 ------------- Total Commercial Banks 724,555 ------------- Commercial Services & Supplies--2.3% Allied Waste Industries, Inc.* 1,898 25,547 American Reprographics Co.* 318 9,791 Brady Corp. Class A 408 15,153 Brink's Co. (The) 168 10,398 ChoicePoint, Inc.* 402 17,065 Copart, Inc.* 552 16,886 Corporate Executive Board Co. 132 8,568 Corrections Corp. of America* 294 18,554 Covanta Holding Corp.* 766 18,882 Deluxe Corp. 576 23,391 Herman Miller, Inc. 420 13,272 HNI Corp. 420 17,220 IKON Office Solutions, Inc. 880 13,737 Mine Safety Appliances Co. 264 11,553 PHH Corp.* 528 16,479 Resources Connection, Inc.* 330 10,949 Rollins, Inc. 462 10,520 Steelcase, Inc. Class A 576 10,656 Stericycle, Inc.* 408 18,140 TeleTech Holdings, Inc.* 318 10,329 United Stationers, Inc.* 396 26,389 Waste Connections, Inc.* 360 10,886 Watson Wyatt Worldwide, Inc. Class A 318 16,053 ------------- Total Commercial Services & Supplies 350,418 ------------- Communications Equipment--1.1% ADC Telecommunications, Inc.* 612 11,218 Adtran, Inc. 600 15,582 Arris Group, Inc.* 1,264 22,234 Avocent Corp.* 294 8,529 CommScope, Inc.* 588 34,310 F5 Networks, Inc.* 138 11,123 Foundry Networks, Inc.* 682 11,362 Interdigital Communications Corp.* 378 12,160 Polycom, Inc.* 300 10,080 Tellabs, Inc.* 3,662 39,403 ------------- Total Communications Equipment 176,001 ------------- Computers & Peripherals--1.3% Brocade Communications Systems, Inc.* 1,246 9,744 Diebold, Inc. 228 11,902 Emulex Corp.* 582 12,711 Imation Corp. 240 8,846 Intermec, Inc.* 432 10,934 Komag, Inc.* 712 22,706 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Palm, Inc.* 3,518 $ 56,323 QLogic Corp.* 624 10,390 Western Digital Corp.* 3,118 60,332 ------------- Total Computers & Peripherals 203,888 ------------- Construction & Engineering--0.6% EMCOR Group, Inc.* 174 12,685 Granite Construction Inc. 312 20,023 Quanta Services, Inc.* 522 16,010 Shaw Group, Inc. (The)* 342 15,831 URS Corp.* 390 18,935 Washington Group International, Inc.* 180 14,402 ------------- Total Construction & Engineering 97,886 ------------- Construction Materials--1.0% Eagle Materials, Inc. 724 35,512 Florida Rock Industries, Inc. 712 48,060 Martin Marietta Materials, Inc. 336 54,439 Texas Industries, Inc. 144 11,291 ------------- Total Construction Materials 149,302 ------------- Consumer Finance--1.2% Advanta Corp. Class B 396 12,331 AmeriCredit Corp.* 2,082 55,278 CompuCredit Corp.* 414 14,498 First Marblehead Corp. (The) 1,060 40,958 Nelnet, Inc. Class A 600 14,664 Student Loan Corp. (The) 222 45,266 ------------- Total Consumer Finance 182,995 ------------- Containers & Packaging--1.7% AptarGroup, Inc. 492 17,496 Ball Corp. 976 51,894 Bemis Co. Inc. 754 25,018 Greif, Inc. Class A 216 12,876 Packaging Corp. of America 576 14,579 Pactiv Corp.* 892 28,446 Silgan Holdings, Inc. 312 17,247 Sonoco Products Co. 766 32,792 Temple-Inland, Inc. 994 61,160 ------------- Total Containers & Packaging 261,508 ------------- Diversified Consumer Services--1.1% Career Education Corp.* 1,012 34,175 DeVry, Inc. 354 12,043 ITT Educational Services, Inc.* 228 26,763 Laureate Education, Inc.* 258 15,908 Regis Corp. 324 12,393 Service Corp International 1,156 14,774 ServiceMaster Co. (The) 2,006 31,013 Sotheby's 408 18,776 Strayer Education, Inc. 90 11,854 ------------- Total Diversified Consumer Services 177,699 ------------- Diversified Financial Services--0.2% International Securities Exchange, Inc. 222 14,508 Nasdaq Stock Market, Inc. (The)* 324 9,626 ------------- Total Diversified Financial Services 24,134 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Diversified Telecommunication Services--0.3% Citizens Communications Co. 2,400 $ 36,648 Golden Telecom, Inc. 282 15,513 ------------- Total Diversified Telecommunication Services 52,161 ------------- Electric Utilities--1.3% ALLETE, Inc. 252 11,857 Cleco Corp. 958 23,471 DPL, Inc. 874 24,769 Great Plains Energy, Inc. 564 16,424 Hawaiian Electric Industries, Inc. 624 14,783 IDACORP, Inc. 366 11,727 ITC Holdings Corp. 234 9,507 Northeast Utilities 558 15,825 Sierra Pacific Resources* 2,370 41,616 UniSource Energy Corp. 342 11,248 Westar Energy, Inc. 892 21,658 ------------- Total Electric Utilities 202,885 ------------- Electrical Equipment--1.4% Acuity Brands, Inc. 324 19,531 AMETEK, Inc. 784 31,109 General Cable Corp.* 330 24,998 Genlyte Group, Inc.* 270 21,206 Hubbell, Inc. Class B 594 32,206 Regal-Beloit Corp. 288 13,404 Roper Industries, Inc. 534 30,491 Thomas & Betts Corp.* 450 26,100 Woodward Governor Co. 246 13,203 ------------- Total Electrical Equipment 212,248 ------------- Electronic Equipment & Instruments--2.5% Anixter International, Inc.* 438 32,942 Arrow Electronics, Inc.* 1,538 59,105 Avnet, Inc.* 1,460 57,874 AVX Corp. 1,312 21,963 Benchmark Electronics, Inc.* 666 15,065 Dolby Laboratories, Inc. Class A* 426 15,085 Flir Systems, Inc.* 426 19,703 Ingram Micro, Inc. Class A* 1,868 40,554 Itron, Inc.* 168 13,094 Mettler-Toledo International, Inc.* 264 25,215 National Instruments Corp. 372 12,116 Solectron Corp.* 4,846 17,833 Tektronix, Inc. 456 15,385 Trimble Navigation Ltd.* 588 18,934 Vishay Intertechnology, Inc.* 1,616 25,565 ------------- Total Electronic Equipment & Instruments 390,433 ------------- Energy Equipment & Services--4.3% Atwood Oceanics, Inc.* 222 15,234 Dresser-Rand Group, Inc.* 420 16,590 Dril-Quip, Inc.* 276 12,406 FMC Technologies, Inc.* 432 34,223 Global Industries Ltd.* 1,478 39,640 Grey Wolf, Inc.* 3,986 32,845 Hanover Compressor Co.* 456 10,876 Helmerich & Payne, Inc. 1,532 54,263 Oceaneering International, Inc.* 390 20,530 Oil States International, Inc.* 772 31,914 Patterson-UTI Energy, Inc. 3,764 98,654 Rowan Cos., Inc. 1,228 50,323 See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- RPC, Inc. 862 $ 14,688 SEACOR Holdings, Inc.* 342 31,929 Superior Energy Services, Inc.* 576 22,994 Tetra Technologies, Inc.* 444 12,521 Tidewater, Inc. 742 52,593 TODCO* 516 24,360 Unit Corp.* 892 56,116 Universal Compression Holdings, Inc.* 198 14,349 W-H Energy Services, Inc.* 294 18,202 ------------- Total Energy Equipment & Services 665,250 ------------- Food & Staples Retailing--1.8% BJ's Wholesale Club, Inc.* 540 19,456 Casey's General Stores, Inc. 396 10,795 Longs Drug Stores Corp. 240 12,605 Rite Aid Corp.* 34,024 217,073 Ruddick Corp. 402 12,108 United Natural Foods, Inc.* 312 8,293 ------------- Total Food & Staples Retailing 280,330 ------------- Food Products--1.2% Corn Products International, Inc. 468 21,271 Del Monte Foods Co. 1,592 19,359 Flowers Foods, Inc. 354 11,809 J.M. Smucker Co. (The) 408 25,973 Lancaster Colony Corp. 264 11,059 Ralcorp Holdings, Inc.* 192 10,262 Seaboard Corp. 24 56,280 Smithfield Foods, Inc.* 934 28,758 Tootsie Roll Industries, Inc. 335 9,283 ------------- Total Food Products 194,054 ------------- Gas Utilities--1.8% AGL Resources Inc. 862 34,894 Atmos Energy Corp. 700 21,042 Energen Corp. 742 40,764 National Fuel Gas Co. 576 24,947 New Jersey Resources Corp. 234 11,939 Nicor, Inc. 402 17,254 ONEOK, Inc. 736 37,102 Piedmont Natural Gas Co., Inc. 516 12,719 Southern Union Co. 844 27,506 Southwest Gas Corp. 264 8,926 UGI Corp. 916 24,988 WGL Holdings, Inc. 390 12,730 ------------- Total Gas Utilities 274,811 ------------- Health Care Equipment & Supplies--2.0% Advanced Medical Optics, Inc.* 270 9,418 Beckman Coulter, Inc. 216 13,971 Cooper Cos., Inc. (The) 222 11,837 Cytyc Corp.* 642 27,677 Dade Behring Holdings, Inc. 486 25,816 Edwards Lifesciences Corp.* 342 16,874 Gen-Probe, Inc.* 198 11,963 Hillenbrand Industries, Inc. 498 32,370 Hologic, Inc.* 192 10,620 IDEXX Laboratories, Inc.* 156 14,762 Immucor, Inc.* 318 8,894 Intuitive Surgical, Inc.* 138 19,150 Kinetic Concepts, Inc.* 712 37,002 Kyphon, Inc.* 222 10,689 See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Mentor Corp. 210 $ 8,543 Resmed, Inc.* 288 11,883 Respironics, Inc.* 408 17,377 Sirona Dental Systems, Inc.* 270 10,214 STERIS Corp. 396 12,118 ------------- Total Health Care Equipment & Supplies 311,178 ------------- Health Care Providers & Services--2.0% AMERIGROUP Corp.* 372 8,854 Community Health Systems, Inc.* 694 28,072 Henry Schein, Inc.* 498 26,608 LifePoint Hospitals, Inc.* 576 22,280 Lincare Holdings, Inc.* 790 31,482 Magellan Health Services, Inc.* 258 11,989 Manor Care, Inc. 474 30,947 Pediatrix Medical Group, Inc.* 192 10,589 Psychiatric Solutions, Inc.* 270 9,790 Sierra Health Services, Inc.* 522 21,705 Sunrise Senior Living, Inc.* 282 11,277 Triad Hospitals, Inc.* 802 43,115 Universal Health Services, Inc. Class B 324 19,926 VCA Antech, Inc.* 432 16,282 WellCare Health Plans, Inc.* 192 17,378 ------------- Total Health Care Providers & Services 310,294 ------------- Health Care Technology--0.2% Allscripts Healthcare Solutions, Inc.* 342 8,714 Cerner Corp.* 288 15,976 HLTH Corp.* 946 13,253 ------------- Total Health Care Technology 37,943 ------------- Hotels, Restaurants & Leisure--2.4% Ameristar Casinos, Inc. 330 11,464 Applebee's International, Inc. 516 12,436 Boyd Gaming Corp. 402 19,774 Brinker International, Inc. 1,048 30,675 CBRL Group, Inc. 378 16,057 CEC Entertainment, Inc.* 246 8,659 Cheesecake Factory (The)* 462 11,328 Choice Hotels International, Inc. 384 15,176 CKE Restaurants, Inc. 1,628 32,675 International Speedway Corp. Class A 462 24,352 Jack in the Box, Inc.* 282 20,005 Life Time Fitness, Inc.* 192 10,220 Panera Bread Co. Class A* 174 8,014 Penn National Gaming, Inc.* 618 37,137 Pinnacle Entertainment, Inc.* 306 8,614 Ruby Tuesday, Inc. 540 14,218 Scientific Games Corp. Class A* 360 12,582 Sonic Corp.* 486 10,750 Speedway Motorsports, Inc. 426 17,031 Station Casinos, Inc. 234 20,311 Vail Resorts, Inc.* 216 13,148 Wendy's International, Inc. 312 11,466 ------------- Total Hotels, Restaurants & Leisure 366,092 ------------- Household Durables--3.7% American Greetings Corp. Class A 564 15,978 Beazer Homes USA, Inc. 1,234 30,443 Ethan Allen Interiors, Inc. 312 10,686 Hovnanian Enterprises, Inc. Class A* 1,736 28,696 Jarden Corp.* 312 13,419 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- KB Home 1,928 $ 75,905 Leggett & Platt, Inc. 1,664 36,691 MDC Holdings, Inc. 1,084 52,422 Meritage Homes Corp.* 988 26,429 NVR, Inc.* 150 101,963 Ryland Group, Inc. (The) 1,186 44,321 Snap-On, Inc. 354 17,881 Standard-Pacific Corp. 2,118 37,129 Stanley Works (The) 802 48,681 Tempur-Pedic International, Inc. 802 20,772 Tupperware Brands Corp. 546 15,692 ------------- Total Household Durables 577,108 ------------- Household Products--0.7% Central Garden and Pet Co.* 1,927 23,625 Church & Dwight Co., Inc. 600 29,076 Energizer Holdings, Inc. * 558 55,577 ------------- Total Household Products 108,278 ------------- Independent Power Producers & Energy--0.0% Ormat Technologies, Inc. 234 8,817 ------------- Industrial Conglomerates--0.6% Carlisle Cos., Inc. 588 27,348 Sequa Corp. Class A* 84 9,408 Teleflex, Inc. 312 25,515 Walter Industries, Inc. 886 25,659 ------------- Total Industrial Conglomerates 87,930 ------------- Insurance--6.4% 21st Century Insurance Group 898 19,630 Alfa Corp. 730 11,366 Alleghany Corp.* 78 31,707 American Financial Group, Inc. 1,520 51,908 American National Insurance Co. 210 32,046 Arthur J. Gallagher & Co. 612 17,063 Brown & Brown, Inc. 862 21,671 Commerce Group, Inc. 1,180 40,970 Conseco, Inc.* 1,844 38,521 Delphi Financial Group, Inc. Class A 510 21,328 Erie Indemnity Co. Class A 528 28,533 FBL Financial Group, Inc. Class A 294 11,560 First American Corp. 964 47,718 Hanover Insurance Group, Inc. (The) 636 31,030 HCC Insurance Holdings, Inc. 1,102 36,818 Hilb Rogal & Hobbs Co. 288 12,344 Markel Corp.* 120 58,146 Mercury General Corp. 552 30,421 National Financial Partners Corp. 216 10,003 Odyssey Re Holdings Corp. 1,018 43,662 Ohio Casualty Corp. 928 40,192 Philadelphia Consolidated Holding Co.* 898 37,536 Phoenix Cos., Inc. (The) 718 10,777 ProAssurance Corp.* 348 19,373 Protective Life Corp. 618 29,547 Reinsurance Group of America, Inc. 766 46,144 RLI Corp. 234 13,092 Selective Insurance Group, Inc. 742 19,945 StanCorp Financial Group, Inc. 630 33,062 State Auto Financial Corp. 432 13,241 See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Transatlantic Holdings, Inc. 736 $ 52,351 Unitrin, Inc. 826 40,623 Wesco Financial Corp. 30 11,550 Zenith National Insurance Corp. 724 34,093 ------------- Total Insurance 997,971 ------------- Internet & Catalog Retail--0.3% NetFlix, Inc.* 444 8,609 NutriSystem, Inc.* 234 16,343 priceline.com, Inc.* 222 15,260 ------------- Total Internet & Catalog Retail 40,212 ------------- Internet Software & Services--0.3% aQuantive, Inc.* 384 24,499 Digital River, Inc.* 186 8,417 RealNetworks, Inc.* 982 8,023 ValueClick, Inc.* 390 11,489 ------------- Total Internet Software & Services 52,428 ------------- IT Services--1.4% Acxiom Corp. 504 13,331 BISYS Group, Inc. (The)* 808 9,559 Ceridian Corp.* 946 33,110 CheckFree Corp.* 450 18,090 Convergys Corp.* 880 21,331 DST Systems, Inc.* 336 26,615 Gartner, Inc.* 462 11,361 Global Payments, Inc. 396 15,701 MoneyGram International, Inc. 754 21,074 MPS Group, Inc.* 742 9,921 Perot Systems Corp. Class A* 612 10,428 VeriFone Holdings, Inc.* 252 8,883 Wright Express Corp.* 546 18,711 ------------- Total IT Services 218,115 ------------- Leisure Equipment & Products--0.8% Brunswick Corp. 1,406 45,878 Hasbro, Inc. 1,174 36,875 Oakley, Inc. 462 13,121 Polaris Industries, Inc. 378 20,472 Pool Corp. 384 14,988 ------------- Total Leisure Equipment & Products 131,334 ------------- Life Sciences Tools & Services--1.2% Affymetrix, Inc.* 372 9,259 Bio-Rad Laboratories, Inc. Class A* 174 13,149 Charles River Laboratories International, Inc.* 462 23,848 Covance, Inc.* 336 23,036 Illumina, Inc.* 300 12,177 Invitrogen Corp.* 252 18,585 Millipore Corp.* 168 12,615 PerkinElmer, Inc. 438 11,414 Pharmaceutical Product Development, Inc. 666 25,489 TECHNE Corp.* 204 11,671 Varian, Inc.* 180 9,869 Ventana Medical Systems, Inc.* 240 18,545 ------------- Total Life Sciences Tools & Services 189,657 ------------- See Notes to Schedule of Investments. 9 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Machinery--4.3% Actuant Corp. Class A 264 $ 16,648 AGCO Corp.* 294 12,763 Briggs & Stratton Corp. 456 14,391 Bucyrus International, Inc. Class A 258 18,261 CLARCOR, Inc. 348 13,026 Crane Co. 630 28,634 Donaldson Co., Inc. 552 19,624 Flowserve Corp. 282 20,191 Gardner Denver, Inc.* 462 19,658 Graco, Inc. 522 21,026 Harsco Corp. 736 38,272 IDEX Corp. 587 22,623 Kennametal, Inc. 330 27,070 Lincoln Electric Holdings, Inc. 378 28,063 Manitowoc Co., Inc. (The) 342 27,490 Mueller Industries, Inc. 796 27,414 Nordson Corp. 282 14,145 Oshkosh Truck Corp. 630 39,640 Pall Corp. 654 30,077 Pentair, Inc. 820 31,627 SPX Corp. 456 40,041 Timken Co. (The) 1,670 60,305 Toro Co. (The) 414 24,380 Trinity Industries, Inc. 682 29,694 Valmont Industries, Inc. 186 13,533 Wabtec Corp. 372 13,589 Watts Water Technologies, Inc. Class A 252 9,442 ------------- Total Machinery 661,627 ------------- Marine--0.2% Alexander & Baldwin, Inc. 288 15,296 Kirby Corp.* 372 14,281 ------------- Total Marine 29,577 ------------- Media--2.0% Belo Corp. Class A 964 19,849 Cox Radio, Inc. Class A* 660 9,398 Discovery Holding Co. Class A* 642 14,760 Dow Jones & Co., Inc. 276 15,856 DreamWorks Animation SKG, Inc. Class A* 516 14,881 Gemstar-TV Guide International, Inc.* 2,502 12,310 Getty Images, Inc.* 516 24,670 Harte-Hanks, Inc. 618 15,870 Hearst-Argyle Television, Inc. 396 9,544 Interactive Data Corp. 558 14,943 John Wiley & Sons, Inc. Class A 546 26,366 Lee Enterprises, Inc. 336 7,009 Marvel Entertainment, Inc.* 384 9,784 McClatchy Co. Class A 588 14,882 Meredith Corp. 390 24,024 Morningstar, Inc.* 222 10,440 New York Times Co. (The) Class A 1,102 27,991 Regal Entertainment Group Class A 636 13,947 Scholastic Corp.* 288 10,351 Warner Music Group Corp. 510 7,370 ------------- Total Media 304,245 ------------- Metals & Mining--3.1% AK Steel Holding Corp.* 1,054 39,388 Carpenter Technology Corp. 282 36,747 Chaparral Steel Co. 630 45,278 Cleveland-Cliffs, Inc. 862 66,952 See Notes to Schedule of Investments. 10 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Commercial Metals Co. 1,844 $ 62,272 Quanex Corp. 706 34,382 Reliance Steel & Aluminum Co. 1,270 71,450 RTI International Metals, Inc.* 132 9,949 Schnitzer Steel Industries, Inc. Class A 438 20,998 Steel Dynamics, Inc. 1,592 66,721 Titanium Metals Corp.* 204 6,508 Worthington Industries, Inc. 1,036 22,429 ------------- Total Metals & Mining 483,074 ------------- Multiline Retail--0.7% Big Lots, Inc.* 390 11,474 Dillard's, Inc. Class A 654 23,498 Dollar Tree Stores. Inc.* 814 35,450 Family Dollar Stores, Inc. 982 33,702 ------------- Total Multiline Retail 104,124 ------------- Multi-Utilities--1.9% Alliant Energy Corp. 378 14,685 Avista Corp. 456 9,827 Black Hills Corp. 318 12,641 Energy East Corp. 1,216 31,725 Integrys Energy Group, Inc. 593 30,083 MDU Resources Group, Inc. 1,736 48,678 NSTAR 904 29,335 OGE Energy Corp. 868 31,812 PNM Resources, Inc. 378 10,505 Puget Energy, Inc. 934 22,584 TECO Energy, Inc. 2,052 35,253 Vectren Corp. 654 17,612 ------------- Total Multi-Utilities 294,740 ------------- Office Electronics--0.1% Zebra Technologies Corp. Class A* 468 18,130 ------------- Oil, Gas & Consumable Fuels--5.3% Alon USA Energy, Inc. 1,551 68,260 Berry Petroleum Co. Class A 546 20,573 Bill Barrett Corp.* 360 13,259 Cabot Oil & Gas Corp. 904 33,340 Cimarex Energy Co. 1,748 68,889 Comstock Resources, Inc.* 474 14,206 Denbury Resources, Inc.* 1,000 37,500 Encore Acquisition Co.* 654 18,181 Forest Oil Corp.* 904 38,203 Foundation Coal Holdings, Inc. 342 13,899 Frontier Oil Corp. 1,790 78,347 Helix Energy Solutions Group, Inc.* 988 39,431 Holly Corp. 648 48,075 Overseas Shipholding Group, Inc. 940 76,516 Penn Virginia Corp. 360 14,472 PetroHawk Energy Corp.* 1,484 23,536 Plains Exploration & Production Co.* 210 10,040 Pogo Producing Co. 1,054 53,533 Quicksilver Resources, Inc.* 372 16,584 Range Resources Corp. 1,054 39,430 St. Mary Land & Exploration Co. 760 27,831 Swift Energy Co.* 486 20,781 W&T Offshore, Inc. 970 27,150 Whiting Petroleum Corp.* 492 19,936 ------------- Total Oil, Gas & Consumable Fuels 821,972 ------------- See Notes to Schedule of Investments. 11 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Paper & Forest Products--0.2% Louisiana-Pacific Corp. 1,628 $ 30,802 ------------- Personal Products--0.3% Alberto-Culver Co. 1,336 31,690 NBTY, Inc.* 420 18,144 ------------- Total Personal Products 49,834 ------------- Pharmaceuticals--0.8% Endo Pharmaceuticals Holdings, Inc.* 1,012 34,640 King Pharmaceuticals, Inc.* 1,406 28,767 Mylan Laboratories, Inc. 1,766 32,124 Perrigo Co. 636 12,453 Watson Pharmaceuticals, Inc.* 366 11,906 ------------- Total Pharmaceuticals 119,890 ------------- Real Estate Investment Trusts--2.7% Alexander's, Inc.* 24 9,702 Alexandria Real Estate Equities, Inc. 96 9,295 BRE Properties, Inc. 144 8,538 Camden Property Trust 246 16,475 CBL & Associates Properties, Inc. 246 8,868 Colonial Properties Trust 258 9,404 Corporate Office Properties Trust 186 7,628 Cousins Properties, Inc. 564 16,362 DiamondRock Hospitality Co. 546 10,418 Entertainment Properties Trust 156 8,390 Equity One, Inc. 814 20,797 Essex Property Trust, Inc. 72 8,374 Federal Realty Investment Trust 144 11,125 Health Care REIT, Inc. 294 11,866 Healthcare Realty Trust, Inc. 240 6,667 Highwoods Properties, Inc. 228 8,550 Home Properties, Inc. 162 8,413 Hospitality Properties Trust 468 19,417 HRPT Properties Trust 988 10,275 Kilroy Realty Corp. 120 8,501 LaSalle Hotel Properties 234 10,160 Liberty Property Trust 672 29,520 Mack-Cali Realty Corp. 192 8,350 Nationwide Health Properties, Inc. 330 8,976 Pennsylvania Real Estate Investment Trust 234 10,373 Post Properties, Inc. 216 11,260 Potlatch Corp. 318 13,690 PS Business Parks, Inc. 138 8,745 Rayonier, Inc. 510 23,020 Realty Income Corp. 456 11,487 Senior Housing Properties Trust 390 7,937 Taubman Centers, Inc. 162 8,037 Ventas, Inc. 426 15,443 Washington Real Estate Investment Trust 240 8,160 Weingarten Realty Investors 456 18,742 ------------- Total Real Estate Investment Trusts 412,965 ------------- Real Estate Management & Development--0.2% Jones Lang LaSalle, Inc. 258 29,283 St. Joe Co. (The) 180 8,341 ------------- Total Real Estate Management & Development 37,624 ------------- See Notes to Schedule of Investments. 12 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Road & Rail--1.8% Amerco, Inc.* 198 $ 14,949 Con-way, Inc. 778 39,087 Florida East Coast Industries, Inc. 162 13,443 Heartland Express, Inc. 724 11,801 JB Hunt Transport Services, Inc. 1,556 45,621 Kansas City Southern* 330 12,388 Knight Transportation, Inc. 552 10,698 Laidlaw International, Inc. 630 21,767 Landstar System, Inc. 480 23,160 Ryder System, Inc. 636 34,217 Werner Enterprises, Inc. 724 14,589 YRC Worldwide, Inc.* 1,204 44,307 ------------- Total Road & Rail 286,027 ------------- Semiconductors & Semiconductor Equipment--2.0% Amkor Technology, Inc.* 2,628 41,391 Atmel Corp. * 1,862 10,353 Cymer, Inc. * 276 11,095 Cypress Semiconductor Corp.* 540 12,577 Fairchild Semiconductor International, Inc.* 576 11,128 FormFactor, Inc.* 240 9,192 International Rectifier Corp.* 402 14,979 Intersil Corp. Class A 718 22,588 LSI Logic Corp.* 1,694 12,722 MKS Instruments, Inc.* 510 14,127 Novellus Systems Inc.* 618 17,533 ON Semiconductor Corp.* 3,920 42,022 RF Micro Devices, Inc.* 1,318 8,224 Silicon Laboratories, Inc.* 324 11,214 Teradyne, Inc.* 2,454 43,140 Tessera Technologies, Inc.* 252 10,219 Varian Semiconductor Equipment Associates, Inc.* 497 19,910 ------------- Total Semiconductors & Semiconductor Equipment 312,414 ------------- Software--1.3% Ansys, Inc.* 396 10,494 Compuware Corp.* 2,364 28,037 FactSet Research Systems, Inc. 222 15,174 Fair Isaac Corp. 366 14,684 Jack Henry & Associates, Inc. 624 16,068 Mentor Graphics Corp.* 576 7,586 Micros Systems, Inc.* 186 10,118 MicroStrategy, Inc. Class A* 90 8,504 NAVTEQ Corp.* 378 16,005 Net 1 UEPS Technologies, Inc.* 354 8,549 Parametric Technology Corp.* 522 11,280 Quest Software, Inc.* 672 10,880 Red Hat, Inc.* 546 12,165 Sybase, Inc.* 552 13,187 THQ, Inc.* 342 10,438 TIBCO Software, Inc.* 1,138 10,299 ------------- Total Software 203,468 ------------- Specialty Retail--4.3% Aaron Rents, Inc. 366 10,687 Advance Auto Parts, Inc. 976 39,557 Aeropostale, Inc.* 390 16,255 AnnTaylor Stores Corp.* 624 22,102 AutoNation, Inc.* 2,382 53,452 Barnes & Noble, Inc. 462 17,773 bebe stores, inc. 582 9,318 Brown Shoe Co, Inc. 270 6,566 See Notes to Schedule of Investments. 13 Schedule of Investments (unaudited)(continued) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Cabela's, Inc.* 438 $ 9,693 Charming Shoppes, Inc.* 952 10,310 Chico's FAS, Inc.* 1,330 32,372 Childrens Place Retail Stores, Inc. (The)* 180 9,295 Circuit City Stores, Inc. 1,078 16,256 Coldwater Creek, Inc.* 534 12,405 Dick's Sporting Goods, Inc.* 246 14,310 Dress Barn, Inc.* 636 13,051 DSW, Inc. Class A* 246 8,566 Foot Locker, Inc. 1,424 31,043 GameStop Corp. Class A* 492 19,237 Group 1 Automotive, Inc. 240 9,682 Guess?, Inc. 492 23,636 Guitar Center, Inc.* 234 13,996 Men's Wearhouse, Inc. 462 23,594 OfficeMax, Inc. 186 7,310 O'Reilly Automotive, Inc.* 736 26,901 Pacific Sunwear Of California, Inc.* 778 17,116 Payless ShoeSource Inc.* 384 12,115 PetSmart, Inc. 886 28,751 RadioShack Corp. 486 16,106 Rent-A-Center, Inc.* 754 19,777 Ross Stores, Inc. 1,006 30,985 Sonic Automotive, Inc. Class A 462 13,384 Tractor Supply Co.* 294 15,303 United Auto Group, Inc. 778 16,564 Urban Outfitters, Inc.* 414 9,948 Williams-Sonoma, Inc. 940 29,685 Zale Corp.* 354 8,429 ------------- Total Specialty Retail 675,530 ------------- Textiles, Apparel & Luxury Goods--1.1% Carter's, Inc.* 420 10,895 Columbia Sportswear Co. 300 20,604 Fossil, Inc.* 444 13,094 Jones Apparel Group, Inc. 976 27,572 K-Swiss, Inc. Class A 360 10,199 Liz Claiborne, Inc. 868 32,375 Phillips-Van Heusen Corp. 294 17,808 Quiksilver, Inc.* 736 10,400 Skechers U.S.A., Inc. Class A* 294 8,585 Timberland Co. Class A* 516 12,998 Wolverine World Wide, Inc. 414 11,472 ------------- Total Textiles, Apparel & Luxury Goods 176,002 ------------- Thrifts & Mortgage Finance--2.5% Astoria Financial Corp. 1,066 26,693 Capitol Federal Financial 258 9,525 Corus Bankshares, Inc. 1,186 20,470 Downey Financial Corp. 396 26,128 First Niagara Financial Group, Inc. 3,099 40,597 Fremont General Corp. 1,634 17,582 IndyMac Bancorp, Inc. 1,288 37,571 MAF Bancorp, Inc. 474 25,719 NewAlliance Bancshares, Inc. 648 9,539 PMI Group, Inc. (The) 1,330 59,411 Radian Group, Inc. 1,388 74,953 Washington Federal, Inc. 1,030 25,039 Webster Financial Corp. 426 18,177 ------------- Total Thrifts & Mortgage Finance 391,404 ------------- See Notes to Schedule of Investments. 14 Schedule of Investments (unaudited)(concluded) WisdomTree MidCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Trading Companies & Distributors--1.0% Applied Industrial Technologies, Inc. 426 $ 12,567 GATX Corp. 222 10,934 MSC Industrial Direct Co. Class A 516 28,380 UAP Holding Corp. 420 12,659 United Rentals, Inc.* 1,306 42,497 Watsco, Inc. 258 14,035 WESCO International, Inc.* 492 29,741 ------------- Total Trading Companies & Distributors 150,813 ------------- Transportation Infrastructure--0.1% Macquarie Infrastructure Co. Trust 270 11,200 ------------- Water Utilities--0.1% Aqua America Inc. 534 12,010 ------------- Wireless Telecommunication Services--0.1% Leap Wireless International, Inc.* 156 13,182 ------------- TOTAL INVESTMENTS IN SECURITIES--99.1% (Cost: $15,341,331) (a) 15,395,971 Cash and Other Assets in Excess of Liabilities--0.9% 138,705 ------------- NET ASSETS--100.0% $ 15,534,676 ============= * Non-income producing security. (a) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 15 WisdomTree MidCap Earnings Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Energy 9.6% Capital Goods 9.3% Materials 9.3% Banks 7.2% Insurance 6.4% Consumer Durables & Apparel 5.7% Retailing 5.3% Utilities 5.1% Technology Hardware & Equipment 5.1% Health Care Equipment & Services 4.2% Diversified Financials 4.2% Consumer Services 3.5% Software & Services 3.1% Real Estate 2.9% Transportation 2.5% Pharmaceuticals, Biotechnology & Life Sciences 2.5% Commercial Services & Supplies 2.3% Automobiles & Components 2.2% Semiconductors & Semiconductor Equipment 2.0% Media 2.0% Food & Staples Retailing 1.8% Food, Beverage & Tobacco 1.5% Household & Personal Products 1.0% Telecommunication Services 0.4% Other 0.9% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.5% Aerospace & Defense--1.5% AAR Corp.* 408 $ 13,468 American Science & Engineering, Inc.* 108 6,140 Argon ST, Inc.* 308 7,149 Cubic Corp. 312 9,416 EDO Corp. 240 7,889 Esterline Technologies Corp.* 412 19,903 HEICO Corp. 248 10,436 Herley Industries, Inc.* 312 5,107 Ladish Co., Inc.* 236 10,148 LMI Aerospace, Inc.* 296 7,190 MTC Technologies, Inc.* 276 6,779 Orbital Sciences Corp.* 572 12,018 Triumph Group, Inc. 256 16,760 United Industrial Corp. 244 14,635 ------------- Total Aerospace & Defense 147,038 ------------- Air Freight & Logistics--0.8% ABX Air, Inc.* 1,916 15,443 Atlas Air Worldwide Holdings, Inc.* 240 14,146 Dynamex, Inc.* 204 5,208 Forward Air Corp. 416 14,181 Pacer International, Inc. 746 17,546 Park-Ohio Holdings Corp.* 540 14,742 ------------- Total Air Freight & Logistics 81,266 ------------- Airlines--1.0% ExpressJet Holdings, Inc.* 3,762 22,497 Mesa Air Group, Inc.* 1,332 8,805 Pinnacle Airlines Corp.* 1,780 33,374 Republic Airways Holdings, Inc.* 1,492 30,362 ------------- Total Airlines 95,038 ------------- Auto Components--1.8% Aftermarket Technology Corp.* 460 13,653 Amerigon, Inc.* 460 8,275 Drew Industries, Inc.* 456 15,112 Fuel Systems Solutions, Inc.* 216 3,581 GenTek, Inc.* 132 4,649 Modine Manufacturing Co. 762 17,221 Spartan Motors, Inc. 450 7,659 Tenneco, Inc.* 750 26,280 Visteon Corp.* 10,066 81,535 ------------- Total Auto Components 177,965 ------------- Automobiles--0.2% Fleetwood Enterprises, Inc.* 552 4,996 Winnebago Industries, Inc. 432 12,752 ------------- Total Automobiles 17,748 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Beverages--0.4% Boston Beer Co., Inc. Class A* 160 $ 6,296 Central European Distribution Corp.* 368 12,741 Coca-Cola Bottling Co. Consolidated 100 5,030 MGP Ingredients, Inc. 256 4,326 National Beverage Corp.* 604 6,952 ------------- Total Beverages 35,345 ------------- Biotechnology--0.3% Enzon Pharmaceuticals, Inc.* 1,796 14,099 Lifecell Corp.* 256 7,818 Martek Biosciences Corp.* 252 6,544 Tanox, Inc.* 221 4,290 ------------- Total Biotechnology 32,751 ------------- Building Products--1.4% AAON, Inc. 180 5,733 American Woodmark Corp. 300 10,380 Ameron International Corp. 208 18,760 Apogee Enterprises, Inc. 468 13,020 Builders FirstSource, Inc.* 1,628 26,145 Gibraltar Industries, Inc. 770 17,056 Griffon Corp.* 730 15,899 Insteel Industries, Inc. 608 10,944 Universal Forest Products, Inc. 524 22,144 ------------- Total Building Products 140,081 ------------- Capital Markets--1.4% Calamos Asset Management, Inc. Class A 384 9,811 Capital Southwest Corp. 168 26,173 GAMCO Investors, Inc. Class A 340 19,057 Gladstone Capital Corp. 252 5,408 Hercules Technology Growth Capital, Inc. 352 4,756 LaBranche & Co., Inc.* 4,011 29,601 MarketAxess Holdings, Inc.* 356 6,404 Prospect Energy Corp. 296 5,171 Sanders Morris Harris Group, Inc. 52 605 Stifel Financial Corp.* 104 6,125 SWS Group, Inc. 500 10,810 TradeStation Group, Inc.* 722 8,411 U.S. Global Investors, Inc., Class A 180 4,081 ------------- Total Capital Markets 136,413 ------------- Chemicals--2.5% American Vanguard Corp. 480 6,874 Arch Chemicals, Inc. 436 15,321 Ferro Corp. 384 9,573 Flotek Industries, Inc.* 132 7,913 Georgia Gulf Corp. (a) 1,916 34,699 Innospec, Inc. 200 11,842 Landec Corp.* 384 5,146 Minerals Technologies, Inc. 272 18,210 NewMarket Corp. 320 15,478 NL Industries, Inc. 576 5,772 Omnova Solutions, Inc.* 778 4,707 Pioneer Cos., Inc.* 762 26,190 PolyOne Corp.* 4,918 35,360 Schulman A., Inc. 448 10,900 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Sensient Technologies Corp. 702 $ 17,824 Spartech Corp. 468 12,425 Stepan Co. 156 4,724 Symyx Technologies* 272 3,131 ------------- Total Chemicals 246,089 ------------- Commercial Banks--9.5% 1st Source Corp. 412 10,267 AMCORE Financial, Inc. 444 12,872 AmericanWest Bancorp 216 3,938 Ameris Bancorp 212 4,764 Arrow Financial Corp. 212 4,666 BancFirst Corp. 292 12,503 Bancorp, Inc.* 188 4,204 BancTrust Financial Group, Inc. 216 4,536 Bank of Granite Corp. 304 5,074 Bank of the Ozarks, Inc. 320 8,918 BankFinancial Corp. 276 4,264 Banner Corp. 132 4,496 BB&T Corp. 7 285 Boston Private Financial Holdings, Inc. 608 16,337 Cadence Financial Corp. 224 4,364 Camden National Corp. 152 5,949 Capital City Bank Group, Inc. 300 9,402 Capital Corp of the West 333 7,979 Capitol Bancorp Ltd. 264 7,215 Cardinal Financial Corp. 476 4,698 Cascade Bancorp 344 7,960 Center Financial Corp. 348 5,888 Chemical Financial Corp. 424 10,969 City Holding Co. 408 15,639 CoBiz, Inc. 316 5,726 Columbia Bancorp 300 6,297 Columbia Banking System, Inc. 308 9,009 Community Bancorp* 148 4,141 Community Bank System, Inc. 512 10,250 Community Banks, Inc. 504 16,239 Community Trust Bancorp, Inc. 304 9,819 CVB Financial Corp. 1,780 19,794 Enterprise Financial Services Corp. 164 4,077 Farmers Capital Bank Corp. 173 5,005 Financial Institutions, Inc. 224 4,523 First Bancorp 312 5,844 First Charter Corp. 356 6,931 First Commonwealth Financial Corp. (a) 1,158 12,645 First Community Bancshares, Inc. 208 6,488 First Financial Bancorp 300 4,497 First Financial Bankshares, Inc. 360 13,972 First Financial Corp. 292 8,573 First Indiana Corp. 332 7,344 First Merchants Corp. 368 8,843 First Regional Bancorp* 348 8,853 First South Bancorp, Inc. 172 4,627 First State Bancorp 296 6,302 FNB Corp./PA 926 15,501 FNB Corp./VA 196 7,036 GB&T Bancshares, Inc. 228 3,808 Great Southern Bancorp, Inc. 292 7,899 Green County Bancshares, Inc. 168 5,252 Hanmi Financial Corp. 958 16,343 Harleysville National Corp. 576 9,285 Heartland Financial USA, Inc. 276 6,707 Heritage Commerce Corp. 208 4,925 Horizon Financial Corp. 232 5,055 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- IBERIABANK Corp. 168 $ 8,308 Independent Bank Corp./MA 296 8,744 Independent Bank Corp./MI 552 9,500 Integra Bank Corp. 328 7,042 Intervest Bancshares Corp.* 356 10,025 Irwin Financial Corp. 468 7,006 Lakeland Bancorp, Inc. 424 5,639 Lakeland Financial Corp. 240 5,105 Macatawa Bank Corp. 365 5,807 MainSource Financial Group, Inc. 356 5,977 Mercantile Bankshares Corp. 168 4,553 Midwest Banc Holdings, Inc. 296 4,292 Nara Bancorp, Inc. 508 8,092 National Penn Bancshares, Inc. 1,018 16,980 NBT Bancorp, Inc. 710 16,018 Old Second Bancorp, Inc. 268 7,815 Omega Financial Corp. 224 6,023 Oriental Financial Group 380 4,146 Peoples Bancorp, Inc. 244 6,605 Pinnacle Financial Partners, Inc.* 148 4,345 Preferred Bank 188 7,520 PrivateBancorp, Inc. 304 8,755 Prosperity Bancshares, Inc. 678 22,212 Renasant Corp. 364 8,277 Republic Bancorp, Inc. Class A 382 6,337 S&T Bancorp, Inc. 520 17,108 Sandy Spring Bancorp, Inc. 272 8,552 Santander BanCorp 898 13,344 SCBT Financial Corp. 155 5,642 Seacoast Banking Corp. of Florida 316 6,873 Security Bank Corp. 308 6,191 Shore Bancshares, Inc. 195 5,031 Sierra Bancorp 196 5,527 Signature Bank* 300 10,230 Simmons First National Corp. Class A 284 7,836 Smithtown Bancorp, Inc. 198 5,023 Southside Bancshares, Inc. 210 4,561 Southwest Bancorp, Inc. 284 6,827 Sterling Bancorp 368 5,899 Sterling Bancshares, Inc. 1,154 13,052 Suffolk Bancorp 196 6,256 Sun Bancorp, Inc.* 289 4,875 Superior Bancorp 436 4,460 SY Bancorp, Inc. 244 5,797 Taylor Capital Group, Inc. 513 14,123 Temecula Valley Bancorp, Inc.* 336 5,944 Texas Capital Bancshares, Inc.* 468 10,460 Tompkins Trustco, Inc. 168 6,283 Trico Bancshares 332 7,424 Union Bankshares Corp. 256 5,939 Univest Corp. of Pennsylvania 268 6,035 USB Holding Co., Inc. 428 8,158 Vineyard National Bancorp 285 6,546 Virginia Commerce Bancorp* 387 6,544 Virginia Financial Group, Inc. 224 4,973 W Holding Co., Inc. 3,906 10,312 Washington Trust Bancorp, Inc. 284 7,160 Wells Fargo & Co. 146 5,135 WesBanco, Inc. 360 10,620 See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- West Bancorp Inc. 460 $ 7,346 West Coast Bancorp 276 8,388 Western Alliance Bancorp* 352 10,507 Wilshire Bancorp, Inc. 564 6,870 Yardville National Bancorp 156 5,327 ------------- Total Commercial Banks 951,098 ------------- Commercial Services & Supplies--5.7% ABM Industries, Inc. 516 13,318 Advisory Board Co. (The)* 136 7,556 American Ecology Corp. 256 5,484 Amrep Corp.* 96 4,565 Barrett Business Services 212 5,476 Bowne & Co., Inc. 316 6,165 CBIZ, Inc.* 1,202 8,835 CDI Corp. 260 8,372 Clean Harbors, Inc.* 300 14,826 Comfort Systems USA, Inc. 806 11,429 COMSYS IT Partners, Inc.* 432 9,854 Consolidated Graphics, Inc.* 228 15,796 CoStar Group, Inc.* 104 5,500 CRA International, Inc.* 164 7,905 Diamond Management & Technology Consultants, Inc. 392 5,174 Ennis, Inc. 588 13,830 First Advantage Corp. Class A* 810 18,638 First Consulting Group, Inc.* 380 3,610 FTI Consulting, Inc.* 492 18,711 G&K Services, Inc. Class A 348 13,749 Geo Group, Inc. (The)* 336 9,778 Healthcare Services Group, Inc. 282 8,319 Heidrick & Struggles International, Inc.* 260 13,322 Huron Consulting Group, Inc.* 168 12,266 ICT Group, Inc.* 180 3,368 Interface, Inc. Class A 620 11,693 Kelly Services, Inc. Class A 572 15,707 Kenexa Corp.* 136 5,129 Kforce, Inc.* 778 12,432 Knoll, Inc. 782 17,517 Korn/Ferry International* 786 20,640 Labor Ready, Inc.* 1,555 35,936 Layne Christensen Co.* 176 7,207 LECG Corp.* 439 6,633 M&F Worldwide Corp.* 588 39,148 McGrath Rentcorp 432 14,554 Mobile Mini, Inc.* 440 12,848 Navigant Consulting, Inc.* 914 16,964 On Assignment, Inc.* 376 4,031 PeopleSupport, Inc.* 436 4,949 Pike Electric Corp.* 368 8,236 Schawk, Inc. 496 9,930 School Specialty, Inc.* 136 4,820 Spherion Corp.* 926 8,695 Standard Parking Corp.* 240 8,431 Standard Register Co. (The) 368 4,195 Tetra Tech, Inc.* 658 14,180 UTEK Corp. 672 9,610 Viad Corp. 432 18,217 Volt Information Sciences, Inc.* 272 5,016 Waste Industries USA, Inc. 192 6,555 ------------- Total Commercial Services & Supplies 569,119 ------------- See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Communications Equipment--1.6% Bel Fuse, Inc. Class B 192 $ 6,534 Black Box Corp. 144 5,959 Comtech Group, Inc.* 332 5,481 Comtech Telecommunications Corp.* 380 17,640 Dycom Industries, Inc.* 452 13,551 EFJ, Inc.* 782 4,215 Extreme Networks* 1,106 4,479 Inter-Tel, Inc. 368 8,806 Ixia* 484 4,482 Mastec, Inc.* 966 15,282 Netgear, Inc.* 404 14,645 Oplink Communications, Inc.* 288 4,320 Packeteer, Inc.* 376 2,937 Plantronics, Inc. 990 25,958 Sirenza Microdevices, Inc.* 652 7,739 Sycamore Networks, Inc.* 2,014 8,096 Symmetricom, Inc.* 560 4,704 Viasat, Inc.* 148 4,751 ------------- Total Communications Equipment 159,579 ------------- Computers & Peripherals--0.3% Adaptec, Inc.* 1,336 5,090 Hutchinson Technology, Inc.* 244 4,590 Intevac, Inc.* 508 10,799 Rackable Systems, Inc.* 296 3,659 STEC, Inc.* 564 3,627 Synaptics, Inc.* 192 6,872 ------------- Total Computers & Peripherals 34,637 ------------- Construction & Engineering--0.4% Infrasource Services, Inc.* 348 12,911 Insituform Technologies, Inc. Class A* 220 4,798 Perini Corp.* 352 21,658 Sterling Construction Co., Inc.* 244 5,161 ------------- Total Construction & Engineering 44,528 ------------- Construction Materials--0.4% Headwaters, Inc.* 1,524 26,319 U.S. Concrete, Inc.* 1,066 9,264 ------------- Total Construction Materials 35,583 ------------- Consumer Finance--0.6% Credit Acceptance Corp.* 742 19,908 Dollar Financial Corp.* 168 4,788 Ezcorp, Inc. Class A* 604 7,997 First Cash Financial Services, Inc.* 396 9,282 United PanAm Financial Corp.* 576 8,214 World Acceptance Corp.* 308 13,161 ------------- Total Consumer Finance 63,350 ------------- Containers & Packaging--0.3% AEP Industries, Inc.* 156 7,022 Myers Industries, Inc. 616 13,619 Rock-Tenn Co. Class A 340 10,785 ------------- Total Containers & Packaging 31,426 ------------- See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Distributors--0.5% Building Materials Holding Corp. 1,836 $ 26,053 Core-Mark Holding Co., Inc.* 204 7,340 DXP Enterprises, Inc.* 148 6,327 Keystone Automotive Industries, Inc.* 252 10,425 Source Interlink Cos., Inc.* 690 3,436 ------------- Total Distributors 53,581 ------------- Diversified Consumer Services--1.1% Bright Horizons Family Solutions, Inc.* 348 13,540 Coinstar, Inc.* 196 6,170 Corinthian Colleges, Inc.* 826 13,456 CPI Corp. 108 7,506 Home Solutions of America, Inc.* 842 5,035 Lincoln Educational Services Corp.* 436 6,479 Pre-Paid Legal Services, Inc. 392 25,209 Stewart Enterprises, Inc. Class A 1,286 10,018 Universal Technical Institute, Inc.* 412 10,461 Vertrue, Inc.* 260 12,683 ------------- Total Diversified Consumer Services 110,557 ------------- Diversified Financial Services--0.9% Asset Acceptance Capital Corp.* 934 16,532 Asta Funding, Inc. 508 19,522 Encore Capital Group, Inc.* 720 8,986 Financial Federal Corp. 484 14,433 Marlin Business Services Corp.* 345 7,352 Portfolio Recovery Associates, Inc.* 304 18,246 Resource America, Inc. Class A 184 3,792 ------------- Total Diversified Financial Services 88,863 ------------- Diversified Telecommunication Services--1.3% Alaska Communications Systems Group, Inc. 296 4,689 Atlantic Tele-Network, Inc. 220 6,301 Cincinnati Bell, Inc.* 4,590 26,530 Consolidated Communications Holdings, Inc. 220 4,972 CT Communications, Inc. 1,018 31,059 Fairpoint Communications, Inc. 432 7,668 General Communication, Inc. Class A* 508 6,507 Iowa Telecommunications Services, Inc. 706 16,047 North Pittsburgh Systems, Inc. 284 6,035 Premiere Global Services, Inc.* 1,298 16,900 Shenandoah Telecom Co. 108 5,490 SureWest Communications 74 2,016 ------------- Total Diversified Telecommunication Services 134,214 ------------- Electric Utilities--0.7% Central Vermont Public Service Corp. 192 7,235 Empire District Electric Co. (The) 468 10,469 MGE Energy, Inc. 392 12,807 Otter Tail Corp. 536 17,190 UIL Holdings Corp. 523 17,310 ------------- Total Electric Utilities 65,011 ------------- Electrical Equipment--2.3% A.O. Smith Corp. 731 29,160 AZZ, Inc.* 172 5,788 Baldor Electric Co. 484 23,852 Encore Wire Corp. 2,895 85,228 EnerSys, Inc.* 858 15,701 See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- II-VI, Inc.* 360 $ 9,781 Lamson & Sessions Co. (The)* 792 21,043 LSI Industries Inc. 292 5,227 Powell Industries, Inc.* 152 4,828 Power-One, Inc.* 750 2,985 Superior Essex, Inc.* 468 17,480 Vicor Corp. 452 5,980 ------------- Total Electrical Equipment 227,053 ------------- Electronic Equipment & Instruments--3.6% Aeroflex, Inc.* 870 12,328 Agilysys, Inc. 620 13,950 Brightpoint, Inc.* 946 13,045 Checkpoint Systems, Inc.* 452 11,413 Cogent, Inc.* 958 14,073 Cognex Corp. 652 14,677 Coherent, Inc.* 292 8,909 Color Kinetics, Inc.* 252 8,419 CTS Corp. 352 4,456 DTS, Inc.* 200 4,354 Electro Scientific Industries, Inc.* 268 5,574 Excel Technology, Inc.* 188 5,253 Gerber Scientific, Inc.* 408 4,741 Insight Enterprises, Inc.* 958 21,622 Keithley Instruments, Inc. 344 4,317 Littelfuse, Inc.* 244 8,240 LoJack Corp.* 372 8,292 Measurement Specialties, Inc.* 216 5,115 Methode Electronics, Inc. 480 7,512 MTS Systems Corp. 328 14,652 Multi-Fineline Electronix, Inc.* 620 10,639 Newport Corp.* 480 7,430 OYO Geospace Corp.* 72 5,342 Park Electrochemical Corp. 380 10,708 Plexus Corp.* 1,890 43,452 Rofin-Sinar Technologies, Inc.* 280 19,320 Scansource, Inc.* 560 17,914 SYNNEX Corp.* 706 14,551 Technitrol, Inc. 628 18,005 TTM Technologies, Inc.* 1,364 17,732 Zygo Corp.* 424 6,059 ------------- Total Electronic Equipment & Instruments 362,094 ------------- Energy Equipment & Services--3.1% Allis-Chalmers Energy, Inc.* 352 8,092 Bolt Technology Corp.* 117 5,153 Bristow Group, Inc.* 608 30,125 Bronco Drilling Co., Inc.* 970 15,918 CARBO Ceramics, Inc. 416 18,225 Dawson Geophysical Co.* 132 8,113 Gulf Island Fabrication, Inc. 172 5,968 Gulfmark Offshore, Inc.* 516 26,430 Horizon Offshore, Inc.* 308 5,914 Hornbeck Offshore Services, Inc.* 632 24,496 Input/Output, Inc.* 702 10,958 Lufkin Industries, Inc. 336 21,689 Matrix Service Co.* 264 6,560 Metretek Technologies, Inc.* 400 6,176 NATCO Group, Inc. Class A* 288 13,260 Natural Gas Services Group, Inc.* 360 6,437 Newpark Resources* 790 6,123 Parker Drilling Co.* 3,326 35,055 PHI, Inc.* 164 4,886 See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Pioneer Drilling Co.* 1,824 $ 27,196 Superior Well Services, Inc.* 336 8,538 Trico Marine Services, Inc.* 460 18,805 ------------- Total Energy Equipment & Services 314,117 ------------- Food & Staples Retailing--1.3% Andersons, Inc. (The) 280 12,692 Ingles Markets, Inc. Class A 508 17,501 Nash Finch Co. 168 8,316 Pantry, Inc. (The)* 608 28,029 Performance Food Group Co.* 572 18,584 Pricesmart, Inc. 324 8,013 Spartan Stores, Inc. 332 10,926 Weis Markets, Inc. 488 19,769 Wild Oats Markets Inc.* 320 5,363 ------------- Total Food & Staples Retailing 129,193 ------------- Food Products--0.7% Darling International, Inc.* 854 7,806 Green Mountain Coffee Roasters, Inc.* 80 6,299 Imperial Sugar Co. 615 18,935 J&J Snack Foods Corp. 232 8,756 Lance, Inc. 248 5,843 Maui Land & Pineapple Co., Inc.* 146 5,363 Reddy Ice Holdings, Inc. 236 6,731 Smithfield Foods, Inc.* 242 7,451 TreeHouse Foods, Inc.* 156 4,151 ------------- Total Food Products 71,335 ------------- Gas Utilities--0.4% Cascade Natural Gas Corp. 188 4,965 EnergySouth, Inc. 124 6,324 Laclede Group, Inc. (The) 436 13,900 South Jersey Industries, Inc. 472 16,699 ------------- Total Gas Utilities 41,888 ------------- Health Care Equipment & Supplies--2.0% Abaxis, Inc.* 232 4,840 Analogic Corp. 84 6,175 Angiodynamics, Inc.* 196 3,530 Arthrocare Corp.* 232 10,187 Biosite, Inc.* 268 24,529 Conmed Corp.* 204 5,973 Cutera, Inc.* 148 3,688 Datascope Corp. 220 8,422 DJO, Inc.* 136 5,613 Greatbatch, Inc.* 184 5,962 ICU Medical, Inc.* 188 8,073 I-Flow Corp.* 316 5,290 Invacare Corp. 244 4,473 Medical Action Industries, Inc.* 204 3,684 Meridian Bioscience, Inc. 360 7,798 Merit Medical Systems, Inc.* 300 3,588 Nutraceutical International Corp.* 327 5,418 OraSure Technologies, Inc.* 1,002 8,196 Palomar Medical Technologies, Inc.* 232 8,053 PolyMedica Corp. 228 9,314 Quidel Corp.* 356 6,251 SonoSite, Inc.* 144 4,526 SurModics, Inc.* 252 12,599 Symmetry Medical, Inc.* 604 9,670 See Notes to Schedule of Investments. 9 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Thoratec Corp.* 276 $ 5,076 Vital Signs, Inc. 196 10,887 Wright Medical Group, Inc.* 224 5,403 Zoll Medical Corp.* 76 1,696 ------------- Total Health Care Equipment & Supplies 198,914 ------------- Health Care Providers & Services--3.2% Air Methods Corp.* 200 7,334 Alliance Imaging, Inc.* 962 9,033 Amedisys, Inc.* 336 12,207 AMN Healthcare Services, Inc.* 368 8,096 Amsurg Corp.* 528 12,746 Apria Healthcare Group, Inc.* 834 23,994 Bio-Reference Labs, Inc.* 204 5,579 Centene Corp.* 208 4,455 Chemed Corp. 444 29,433 Corvel Corp.* 136 3,555 Cross Country Healthcare, Inc.* 248 4,137 Genesis HealthCare Corp.* 252 17,242 Gentiva Health Services, Inc.* 272 5,456 HealthExtras, Inc.* 360 10,649 HMS Holdings Corp.* 232 4,440 inVentiv Health, Inc.* 709 25,956 Kindred Healthcare, Inc.* 802 24,637 Landauer, Inc. 128 6,304 LCA-Vision, Inc. 356 16,825 LHC Group, Inc.* 240 6,288 Matria Healthcare, Inc.* 192 5,814 Medcath Corp.* 160 5,088 Molina Healthcare, Inc.* 444 13,551 MWI Veterinary Supply, Inc.* 144 5,744 National Healthcare Corp. 196 10,114 Odyssey HealthCare, Inc.* 380 4,507 Option Care, Inc. 504 7,762 Radiation Therapy Services, Inc.* 284 7,481 Res-Care, Inc.* 432 9,132 Sun Healthcare Group, Inc.* 364 5,274 Symbion, Inc.* 232 5,037 ------------- Total Health Care Providers & Services 317,870 ------------- Health Care Technology--0.2% Computer Programs & Systems, Inc. 155 4,802 Eclipsys Corp.* 248 4,910 Omnicell, Inc.* 236 4,904 Trizetto Group* 372 7,202 ------------- Total Health Care Technology 21,818 ------------- Hotels, Restaurants & Leisure--2.5% AFC Enterprises, Inc.* 280 4,841 Ambassadors Group, Inc. 312 11,085 Ambassadors International, Inc. 112 3,725 BJ's Restaurants, Inc.* 244 4,817 Bluegreen Corp.* 970 11,339 Buffalo Wild Wings, Inc.* 208 8,651 California Pizza Kitchen, Inc.* 306 6,573 Churchill Downs, Inc. 116 6,076 Denny's Corp.* 1,748 7,779 Dover Downs Gaming & Entertainment, Inc. 712 10,687 IHOP Corp. 272 14,806 Interstate Hotels & Resorts, Inc.* 2,901 15,144 Isle of Capri Casinos, Inc.* 176 4,217 Landry's Restaurants, Inc. 344 10,409 See Notes to Schedule of Investments. 10 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Luby's, Inc.* 724 $ 6,994 Marcus Corp. 404 9,599 McCormick & Schmick's Seafood Restaurants, Inc.* 192 4,980 Monarch Casino & Resort, Inc.* 292 7,840 O'Charleys, Inc. 224 4,516 Papa John's International, Inc.* 640 18,407 Peet's Coffee & Tea, Inc.* 188 4,630 PF Chang's China Bistro, Inc.* 292 10,278 Rare Hospitality International, Inc.* 456 12,207 Red Robin Gourmet Burgers, Inc.* 236 9,527 Ruth's Chris Steak House* 268 4,553 Shuffle Master, Inc.* 192 3,187 Steak N Shake Co. (The)* 624 10,415 Texas Roadhouse, Inc. Class A* 738 9,439 WMS Industries, Inc.* 456 13,160 ------------- Total Hotels, Restaurants & Leisure 249,881 ------------- Household Durables--3.8% Avatar Holdings, Inc.* 412 31,699 Blyth, Inc. 822 21,849 Brookfield Homes Corp. 2,243 65,250 California Coastal Communities, Inc.* 412 6,979 Cavco Industries, Inc.* 143 5,365 Champion Enterprises, Inc.* 5,254 51,648 CSS Industries, Inc. 200 7,922 Furniture Brands International, Inc. 1,532 21,754 Hooker Furniture Corp. 300 6,732 Kimball International, Inc. Class B 324 4,539 La-Z-Boy, Inc. 388 4,446 Levitt Corp. Class A 352 3,319 Lifetime Brands, Inc. 252 5,153 M/I Homes, Inc. 786 20,908 National Presto Industries, Inc. 144 8,977 Orleans Homebuilders, Inc. (a) 1,198 10,123 Palm Harbor Homes, Inc.* 392 5,547 Skyline Corp. 132 3,961 Stanley Furniture Co., Inc. 288 5,916 Tarragon Corp. 1,990 16,835 TOUSA, Inc. 7,414 31,065 Universal Electronics, Inc.* 232 8,426 WCI Communities, Inc.* 2,134 35,595 ------------- Total Household Durables 384,008 ------------- Household Products--0.1% WD-40 Co. 272 8,941 ------------- Total Household Products Industrial Conglomerates--0.3% Raven Industries, Inc. 296 10,570 Standex International Corp. 324 9,215 Tredegar Corp. 348 7,412 ------------- Total Industrial Conglomerates 27,197 ------------- Insurance--5.7% 21st Century Holding Co. 340 3,652 Affirmative Insurance Holdings, Inc. 296 4,514 American Equity Investment Life Holding Co. 1,732 20,923 American Physicians Capital, Inc.* 320 12,960 Argonaut Group, Inc.* 862 26,903 Baldwin & Lyons, Inc. Class B 432 11,223 Bristol West Holdings, Inc. 850 19,015 See Notes to Schedule of Investments. 11 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- CNA Surety Corp.* 1,206 $ 22,805 Crawford & Co. Class B 1,054 7,125 Donegal Group Inc. Class A 624 9,298 EMC Insurance Group, Inc. 648 16,083 First Acceptance Corp.* 710 7,214 Fpic Insurance Group, Inc.* 276 11,253 Great American Financial Resources, Inc. 734 17,755 Harleysville Group, Inc. 694 23,152 Horace Mann Educators Corp. 1,352 28,716 Infinity Property & Casualty Corp. 644 32,670 James River Group, Inc. 380 12,627 LandAmerica Financial Group, Inc. 608 58,667 Meadowbrook Insurance Group, Inc.* 706 7,738 Midland Co. (The) 476 22,343 National Interstate Corp. 412 10,745 National Western Life Insurance Co. Class A* 103 26,051 Navigators Group, Inc.* 460 24,794 NYMAGIC, Inc. 272 10,934 PMA Capital Corp. Class A* 532 5,687 Presidential Life Corp. 666 13,094 Procentury Corp. 248 4,156 Safety Insurance Group, Inc. 832 34,445 SCPIE Holdings, Inc.* 221 5,525 SeaBright Insurance Holdings, Inc.* 676 11,816 Stewart Information Services Corp. 316 12,586 Tower Group, Inc. 336 10,718 Universal American Financial Corp.* 870 18,514 ------------- Total Insurance 565,701 ------------- Internet & Catalog Retail--0.5% 1-800-FLOWERS.COM, Inc. Class A* 658 6,205 Blue Nile, Inc.* 124 7,490 FTD Group, Inc. 604 11,120 Gaiam, Inc. Class A* 396 7,219 Stamps.com, Inc.* 344 4,740 Systemax, Inc.* 846 17,605 ------------- Total Internet & Catalog Retail 54,379 ------------- Internet Software & Services--1.4% Bankrate, Inc.* 116 5,559 CMGI, Inc.* 3,626 7,071 CyberSource Corp.* 404 4,872 Earthlink, Inc.* 2,628 19,631 eCollege.com, Inc.* 288 6,408 Imergent, Inc. (a) 1,765 43,173 Knot, Inc. (The)* 204 4,119 Openwave Systems, Inc.* 564 3,531 Perficient, Inc.* 252 5,216 Sohu.com, Inc.* 364 11,644 Travelzoo, Inc.* 144 3,829 United Online, Inc. 1,054 17,380 Vignette Corp.* 264 5,058 ------------- Total Internet Software & Services 137,491 ------------- IT Services--1.0% Authorize.Net Holdings, Inc.* 308 5,510 Ciber, Inc.* 998 8,164 Covansys Corp.* 532 18,051 Forrester Research, Inc.* 180 5,063 Gevity HR, Inc. 500 9,665 Heartland Payment Systems, Inc. 296 8,682 Infocrossing, Inc.* 288 5,319 See Notes to Schedule of Investments. 12 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- infoUSA, Inc. 766 $ 7,829 MAXIMUS, Inc. 164 7,114 Ness Technologies, Inc.* 448 5,828 Sapient Corp.* 810 6,261 SYKES Enterprises, Inc.* 632 12,002 ------------- Total IT Services 99,488 ------------- Leisure Equipment & Products--1.1% Arctic Cat, Inc. 440 8,712 Callaway Golf Co. 336 5,984 Cybex International, Inc. 1,777 12,439 Jakks Pacific, Inc.* 842 23,693 K2, Inc.* 842 12,790 Marine Products Corp. 888 7,308 MarineMax, Inc.* 580 11,612 Nautilus, Inc. 388 4,672 RC2 Corp.* 396 15,844 Smith & Wesson Holding Corp.* 380 6,365 ------------- Total Leisure Equipment & Products 109,419 ------------- Life Sciences Tools & Services--0.4% Bruker BioSciences Corp.* 616 5,550 Kendle International, Inc.* 184 6,766 Parexel International Corp.* 308 12,954 PharmaNet Development Group, Inc.* 232 7,396 PRA International* 356 9,007 ------------- Total Life Sciences Tools & Services 41,673 ------------- Machinery--5.0% Accuride Corp.* 2,153 33,178 Albany International Corp. Class A 730 29,521 Ampco-Pittsburgh Corp. 224 8,980 Astec Industries, Inc.* 336 14,186 ASV, Inc.* 496 8,571 Badger Meter, Inc. 164 4,635 Barnes Group, Inc. 914 28,956 Blount International, Inc.* 2,374 31,052 Cascade Corp. 260 20,394 CIRCOR International, Inc. 204 8,248 Columbus McKinnon Corp.* 882 28,400 Commercial Vehicle Group, Inc.* 1,006 18,742 Dynamic Materials Corp. 184 6,900 EnPro Industries, Inc.* 572 24,476 Federal Signal Corp. 790 12,529 Flow International Corp.* 436 5,494 Freightcar America, Inc. 690 33,010 Gehl Co.* 360 10,930 Gorman-Rupp Co. (The) 212 6,754 Greenbrier Cos., Inc. 372 11,242 Hurco Cos., Inc. 196 9,796 Kadant, Inc.* 192 5,990 Kaydon Corp. 552 28,770 LB Foster Co. Class A* 188 5,392 Lindsay Corp. 144 6,378 Middleby Corp.* 248 14,835 Miller Industries, Inc.* 332 8,333 RBC Bearings, Inc.* 272 11,220 Robbins & Myers, Inc. 120 6,376 Sun Hydraulics Corp. 228 11,229 Tennant Co. 300 10,950 See Notes to Schedule of Investments. 13 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Titan International, Inc. 228 $ 7,207 Twin Disc, Inc. 152 10,930 Wabash National Corp. 734 10,738 Xerium Technologies, Inc. 1,290 9,830 ------------- Total Machinery 504,172 ------------- Media--1.4% Citadel Broadcasting Corp. 1,692 10,913 Courier Corp. 236 9,440 Entercom Communications Corp. Class A 504 12,545 Fisher Communications, Inc.* 116 5,892 Harris Interactive, Inc.* 962 5,147 Journal Communications, Inc. Class A 632 8,222 Journal Register Co. 1,198 5,367 Media General, Inc. Class A 484 16,103 Playboy Enterprises, Inc. Class B* 440 4,985 Radio One, Inc. Class D* 1,222 8,627 Salem Communications Holding Corp. Class A* 396 4,392 Sinclair Broadcast Group, Inc. Class A 1,174 16,694 Valassis Communications, Inc.* 1,074 18,461 Westwood One, Inc. 1,924 13,834 ------------- Total Media 140,622 ------------- Metals & Mining--1.8% A.M. Castle & Co. 588 21,115 AMCOL International Corp. 520 14,201 Brush Engineered Materials, Inc.* 192 8,062 Compass Minerals International, Inc. 372 12,894 Great Northern Iron Ore Properties 47 5,480 Hecla Mining Co.* 678 5,790 Mesabi Trust 264 5,478 Metal Management, Inc. 802 35,344 NN, Inc. 588 6,938 Northwest Pipe Co.* 136 4,838 Olympic Steel, Inc. 492 14,101 Royal Gold, Inc. 148 3,518 Ryerson, Inc. 978 36,821 Universal Stainless & Alloy* 160 5,637 ------------- Total Metals & Mining 180,217 ------------- Multiline Retail--0.2% 99 Cents Only Stores* 320 4,195 Fred's, Inc. 702 9,393 Tuesday Morning Corp. 842 10,407 ------------- Total Multiline Retail 23,995 ------------- Multi-Utilities--0.2% CH Energy Group, Inc. 356 16,009 ------------- Oil, Gas & Consumable Fuels--3.0% Adams Resources & Energy, Inc. 176 5,252 Alpha Natural Resources, Inc.* 1,612 33,513 Arena Resources, Inc.* 152 8,833 Atlas America, Inc. 300 16,119 Bois d'Arc Energy, Inc.* 1,202 20,470 Brigham Exploration Co.* 1,058 6,210 Callon Petroleum Co.* 842 11,931 Carrizo Oil & Gas, Inc.* 280 11,612 Clayton Williams Energy, Inc.* 232 6,141 Enbridge Energy Management LLC.* 219 12,185 GMX Resources, Inc.* 136 4,706 See Notes to Schedule of Investments. 14 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Goodrich Petroleum Corp.* 216 $ 7,480 Gulfport Energy Corp.* 448 8,951 Markwest Hydrocarbon, Inc. 92 5,284 NGP Capital Resources Co. 312 5,217 Parallel Petroleum Corp.* 400 8,760 Petroleum Development Corp.* 412 19,562 Petroquest Energy, Inc.* 758 11,021 Stone Energy Corp.* 524 17,952 Toreador Resources Corp.* 196 2,940 TXCO Resources, Inc.* 416 4,276 USEC, Inc.* 2,286 50,246 Vaalco Energy, Inc.* 2,132 10,298 Westmoreland Coal Co.* 232 6,345 ------------- Total Oil, Gas & Consumable Fuels 295,304 ------------- Paper & Forest Products--0.2% Deltic Timber Corp. 96 5,263 Mercer International, Inc.* 648 6,610 Wausau Paper Corp. 336 4,502 ------------- Total Paper & Forest Products 16,375 ------------- Personal Products--0.8% American Oriental Bioengineering, Inc.* 608 5,411 Chattem, Inc.* 156 9,887 Elizabeth Arden, Inc.* 516 12,518 Inter Parfums, Inc. 268 7,134 Mannatech, Inc. 883 14,031 Playtex Products, Inc.* 348 5,154 Prestige Brands Holdings, Inc.* 862 11,189 USANA Health Sciences, Inc.* 220 9,843 ------------- Total Personal Products 75,167 ------------- Pharmaceuticals--0.7% Bradley Pharmaceuticals, Inc.* 228 4,950 Noven Pharmaceuticals, Inc.* 180 4,221 Pain Therapeutics, Inc.* 580 5,052 Salix Pharmaceuticals Ltd.* 348 4,280 Sciele Pharma, Inc.* 624 14,701 Viropharma, Inc.* 2,864 39,524 ------------- Total Pharmaceuticals 72,728 ------------- Real Estate Investment Trusts--1.7% Acadia Realty Trust 220 5,709 Agree Realty Corp. 148 4,625 American Campus Communities, Inc. 152 4,300 American Land Lease, Inc. 195 4,875 Ashford Hospitality Trust, Inc. 384 4,516 Cedar Shopping Centers, Inc. 296 4,248 Equity Inns, Inc. 296 6,630 Feldman Mall Properties, Inc. 909 10,363 First Potomac Realty Trust 156 3,633 Getty Realty Corp. 444 11,668 Glimcher Realty Trust 168 4,200 Highland Hospitality Corp. 316 6,067 Investors Real Estate Trust 770 7,954 Kite Realty Group Trust 272 5,173 LTC Properties, Inc. 324 7,371 Medical Properties Trust, Inc. 694 9,182 National Health Investors, Inc. 512 16,240 Omega Healthcare Investors, Inc. 698 11,049 Parkway Properties, Inc. 88 4,227 See Notes to Schedule of Investments. 15 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Ramco-Gershenson Properties Trust 136 $ 4,886 Saul Centers, Inc. 136 6,168 Universal Health Realty Income Trust 276 9,191 Urstadt Biddle Properties, Inc. Class A 260 4,423 Winthrop Realty Trust 1,512 10,448 ------------- Total Real Estate Investment Trusts 167,146 ------------- Real Estate Management & Development--0.0% Consolidated-Tomoka Land Co. 64 4,435 ------------- Road & Rail--1.5% Arkansas Best Corp. 842 32,812 Celadon Group, Inc.* 424 6,742 Dollar Thrifty Automotive Group, Inc.* 356 14,539 Genesee & Wyoming, Inc. Class A* 176 5,252 Marten Transport Ltd.* 456 8,213 Old Dominion Freight Line, Inc.* 894 26,954 P.A.M. Transportation Services, Inc.* 352 6,435 Patriot Transportation Holding Inc.* 60 5,202 Quality Distribution, Inc.* 1,482 16,643 Saia, Inc.* 348 9,486 Universal Truckload Services, Inc.* 292 5,802 U.S. Xpress Enterprises, Inc. Class A* 352 6,540 USA Truck, Inc.* 284 4,714 ------------- Total Road & Rail 149,334 ------------- Semiconductors & Semiconductor Equipment--2.8% Actel Corp.* 308 4,284 Advanced Energy Industries, Inc.* 814 18,444 AMIS Holdings, Inc.* 838 10,492 Axcelis Technologies, Inc.* 818 5,309 Brooks Automation, Inc.* 580 10,527 Cabot Microelectronics Corp.* 324 11,499 Cirrus Logic, Inc.* 1,400 11,620 Cohu, Inc. 392 8,722 Diodes, Inc.* 380 15,873 DSP Group, Inc.* 372 7,615 Exar Corp.* 380 5,092 IXYS Corp.* 1,146 9,569 Kulicke & Soffa Industries, Inc.* 3,619 37,890 Mattson Technology, Inc.* 644 6,247 Micrel, Inc. 1,090 13,865 MIPS Technologies, Inc.* 344 3,024 Monolithic Power Systems, Inc.* 364 6,352 Netlogic Microsystems, Inc.* 204 6,495 Omnivision Technologies, Inc.* 1,744 31,583 Photronics Inc.* 520 7,738 Rudolph Technologies, Inc.* 308 5,116 Semtech Corp.* 568 9,843 Silicon Image, Inc.* 698 5,989 Silicon Storage Technology, Inc.* 1,316 4,909 Standard Microsystems Corp.* 264 9,066 Supertex, Inc.* 152 4,764 Triquint Semiconductor, Inc.* 1,006 5,090 Veeco Instruments, Inc.* 248 5,144 ------------- Total Semiconductors & Semiconductor Equipment 282,161 ------------- Software--1.6% Advent Software, Inc.* 136 4,427 Ansoft Corp.* 208 6,134 Aspen Technology, Inc.* 392 5,488 Blackboard, Inc.* 148 6,234 See Notes to Schedule of Investments. 16 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Concur Technologies, Inc.* 738 $ 16,863 Epicor Software Corp.* 520 7,732 EPIQ Systems, Inc.* 1,189 19,215 i2 Technologies, Inc.* 612 11,408 Informatica Corp.* 830 12,259 MSC.Software Corp.* 320 4,333 Progress Software Corp.* 232 7,375 Quality Systems, Inc. 228 8,657 Radiant Systems, Inc.* 488 6,461 Renaissance Learning, Inc. 336 4,418 Smith Micro Software, Inc.* 396 5,964 SPSS, Inc.* 184 8,122 Tyler Technologies, Inc.* 352 4,368 Ultimate Software Group, Inc.* 196 5,670 VASCO Data Security International* 336 7,647 Wind River Systems, Inc.* 448 4,928 ------------- Total Software 157,703 ------------- Specialty Retail--3.2% A.C. Moore Arts & Crafts, Inc.* 244 4,785 America's Car-Mart, Inc.* 448 6,088 Asbury Automotive Group, Inc. 846 21,108 Big 5 Sporting Goods Corp. 376 9,588 Blockbuster, Inc. Class A 3,278 14,128 Buckle, Inc. (The) 468 18,439 Build-A-Bear Workshop, Inc.* 276 7,215 Cache, Inc.* 216 2,866 Casual Male Retail Group, Inc.* 384 3,878 Cato Corp. (The) Class A 674 14,788 Charlotte Russe Holding, Inc.* 380 10,211 Christopher & Banks Corp. 628 10,770 Citi Trends, Inc.* 140 5,314 Conn's, Inc.* 604 17,250 DEB Shops, Inc. 296 8,184 Finish Line (The) Class A 974 8,873 Genesco, Inc.* 532 27,829 Haverty Furniture Cos., Inc. 436 5,088 Hibbett Sports, Inc.* 312 8,543 HOT Topic, Inc.* 460 5,000 JOS A Bank Clothiers, Inc.* 384 15,924 Lithia Motors, Inc. Class A 624 15,812 Monro Muffler, Inc. 188 7,041 New York & Co., Inc.* 854 9,360 Select Comfort Corp.* 950 15,409 Shoe Carnival, Inc.* 216 5,938 Stage Stores, Inc. 632 13,247 Stein Mart, Inc. 890 10,911 United Retail Group, Inc.* 682 7,932 Zumiez, Inc.* 160 6,045 ------------- Total Specialty Retail 317,564 ------------- Textiles, Apparel & Luxury Goods--1.6% Cherokee, Inc. 140 5,116 Deckers Outdoor Corp.* 176 17,758 Hartmarx Corp.* 738 5,882 Iconix Brand Group, Inc.* 440 9,777 Kellwood Co. 280 7,874 Kenneth Cole Productions, Inc. Class A 328 8,102 Maidenform Brands, Inc.* 408 8,103 Movado Group, Inc. 368 12,416 Oxford Industries, Inc. 320 14,189 Perry Ellis International, Inc.* 208 6,691 Steven Madden Ltd.* 396 12,973 See Notes to Schedule of Investments. 17 Schedule of Investments (unaudited)(continued) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Stride Rite Corp. 652 $ 13,210 True Religion Apparel, Inc.* 512 10,409 UniFirst Corp. 328 14,448 Volcom, Inc.* 296 14,838 ------------- Total Textiles, Apparel & Luxury Goods 161,786 ------------- Thrifts & Mortgage Finance--4.0% Accredited Home Lenders Holding Co.* 1,912 26,137 Anchor Bancorp Wisconsin, Inc. 484 12,676 Bank Mutual Corp. 568 6,549 BankAtlantic Bancorp, Inc. Class A 368 3,168 BankUnited Financial Corp. Class A 1,151 23,101 Berkshire Hills Bancorp, Inc. 144 4,537 Brookline Bancorp, Inc. 488 5,617 Citizens First Bancorp, Inc. 172 3,750 City Bank/Lynnwood WA 216 6,806 Clifton Savings Bancorp, Inc. 400 4,336 Delta Financial Corp. 966 11,853 Dime Community Bancshares, Inc. 714 9,418 Federal Agricultural Mortgage Corp. Class C 336 11,498 First Busey Corp. 396 7,916 First Defiance Financial Corp. 197 5,875 First Financial Holdings, Inc. 212 6,935 First Place Financial Corp. 328 6,927 FirstFed Financial Corp.* 616 34,946 Flagstar Bancorp, Inc. 1,987 23,943 Flushing Financial Corp. 420 6,745 Franklin Bank Corp.* 376 5,602 ITLA Capital Corp. 136 7,088 KNBT Bancorp, Inc. 436 6,409 OceanFirst Financial Corp. 244 4,294 Ocwen Financial Corp.* 4,414 58,839 Partners Trust Financial Group, Inc. 802 8,421 PFF Bancorp, Inc. 536 14,970 Provident Financial Holdings, Inc. 348 8,700 Provident New York Bancorp 420 5,674 TierOne Corp. 400 12,040 Triad Guaranty, Inc.* 412 16,451 TrustCo Bank Corp. 1,332 13,160 United Community Financial Corp. 624 6,228 WSFS Financial Corp. 148 9,684 ------------- Total Thrifts & Mortgage Finance 400,293 ------------- Tobacco--0.1% Vector Group Ltd. 460 10,364 ------------- Trading Companies & Distributors--0.9% Beacon Roofing Supply, Inc.* 846 14,374 BlueLinx Holdings, Inc. 1,138 11,938 Electro Rent Corp. 436 6,339 Interline Brands, Inc.* 404 10,536 Kaman Corp. 444 13,848 Lawson Products, Inc. 120 4,644 Nuco2, Inc.* 204 5,237 Rush Enterprises, Inc. Class A* 1,106 24,022 ------------- Total Trading Companies & Distributors 90,938 ------------- See Notes to Schedule of Investments. 18 Schedule of Investments (unaudited)(concluded) WisdomTree SmallCap Earnings Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Water Utilities--0.3% American States Water Co. 192 $ 6,829 California Water Service Group 192 7,198 Middlesex Water Co. 266 5,110 SJW Corp. 196 6,527 Southwest Water Co. 376 4,802 ------------- Total Water Utilities 30,466 ------------- Wireless Telecommunication Services--0.3% Syniverse Holdings, Inc.* 1,082 13,915 USA Mobility, Inc.* 560 14,985 ------------- Total Wireless Telecommunication Services 28,900 ------------- TOTAL COMMON STOCKS (Cost: $9,792,797) 9,939,419 ============= INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED--1.0% MONEY MARKET FUNDS(b)--1.0% AIM Liquid Assets Portfolio, 5.18% 78,600 78,600 UBS Private Money Market Fund LLC, 5.25% 20,500 20,500 ------------- TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED (Cost: $99,100)(c) 99,100 ============= TOTAL INVESTMENTS IN SECURITIES--100.5% (Cost: $9,891,897) 10,038,519 Liabilities in Excess of Cash and Other Assets--(0.5)% (53,102) ------------- NET ASSETS--100.0% $ 9,985,417 ============= * Non-income producing security. (a) Security, or portion thereof, was on loan at June 30, 2007. (b) Interest rates shown reflect yields as of June 30, 2007. (c) At June 30, 2007, the total market value of the Fund's securities on loan was $95,069 and the total market value of the collateral held by the Fund was $99,100. (d) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 19 WisdomTree SmallCap Earnings Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Banks 13.5% Capital Goods 11.8% Consumer Durables & Apparel 6.6% Insurance 6.1% Health Care Equipment & Services 5.7% Commercial Services & Supplies 5.7% Materials 5.6% Energy 5.4% Technology Hardware & Equipment 5.1% Retailing 4.5% Software & Services 3.9% Consumer Services 3.6% Transportation 3.3% Diversified Financials 2.9% Semiconductors & Semiconductor Equipment 2.8% Automobiles & Components 2.0% Real Estate 1.7% Media 1.6% Utilities 1.5% Food & Staples Retailing 1.5% Telecommunication Services 1.4% Pharmaceuticals, Biotechnology & Life Sciences 1.3% Food, Beverage & Tobacco 1.2% Household & Personal Products 0.8% Other 0.5% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Earnings Top 100 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.8% Aerospace & Defense--2.3% Honeywell International, Inc. 2,025 $ 113,967 Lockheed Martin Corp. 1,050 98,837 Raytheon Co. 1,690 91,074 ------------- Total Aerospace & Defense 303,878 ------------- Auto Components--1.0% Johnson Controls, Inc. 1,113 128,852 ------------- Building Products--0.9% MasCo. Corp. 4,000 113,880 ------------- Capital Markets--4.7% Bear Stearns & Co., Inc. (The) 1,010 141,400 Goldman Sachs Group, Inc. 749 162,345 Lehman Brothers Holdings, Inc. 938 69,900 Merrill Lynch & Co., Inc. 1,053 88,010 Morgan Stanley 1,815 152,242 ------------- Total Capital Markets 613,897 ------------- Chemicals--2.7% Dow Chemical Co. (The) 3,215 142,167 PPG Industries, Inc. 1,530 116,448 Rohm & Haas Co. 1,735 94,870 ------------- Total Chemicals 353,485 ------------- Commercial Banks--8.7% BB&T Corp. 2,385 97,022 Fifth Third BanCorp. 2,350 93,460 KeyCorp. 3,145 107,968 M&T Bank Corp. 740 79,106 Marshall & Ilsley Corp. 2,030 96,689 National City Corp. 3,250 108,289 PNC Financial Services Group, Inc. (The) 2,415 172,865 SunTrust Banks, Inc. 1,175 100,745 U.S. BanCorp. 3,150 103,793 Wachovia Corp. 1,700 87,125 Wells Fargo & Co. 2,941 103,435 ------------- Total Commercial Banks 1,150,497 ------------- Communications Equipment--0.6% Motorola, Inc. 4,366 77,278 ------------- Computers & Peripherals--0.8% International Business Machines Corp. 968 101,882 ------------- Consumer Finance--2.3% Capital One Financial Corp. 1,978 155,155 SLM Corp. 2,568 147,865 ------------- Total Consumer Finance 303,020 ------------- Diversified Financial Services--3.7% Bank of America Corp. 2,281 111,518 CIT Group, Inc. 2,571 140,968 Citigroup, Inc. 2,294 117,659 JPMorgan Chase & Co. 2,277 110,321 ------------- Total Diversified Financial Services 480,466 ------------- See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Earnings Top 100 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Diversified Telecommunication Services--0.8% Verizon Communications, Inc. 2,465 $ 101,484 ------------- Electric Utilities--1.9% Edison International 2,330 130,759 PPL Corp. 2,535 118,613 ------------- Total Electric Utilities 249,372 ------------- Energy Equipment & Services--1.7% BJ Services Co. 3,595 102,242 Halliburton Co. 3,385 116,782 ------------- Total Energy Equipment & Services 219,024 ------------- Food & Staples Retailing--0.8% Kroger Co. (The) 3,852 108,357 ------------- Food Products--0.9% Archer-Daniels-Midland Co. 3,004 99,402 Kraft Foods, Inc. Class A 762 26,861 ------------- Total Food Products 126,263 ------------- Health Care Providers & Services--2.8% Aetna, Inc. 2,495 123,253 Cigna Corp. 2,961 154,624 WellPoint, Inc.* 1,187 94,758 ------------- Total Health Care Providers & Services 372,635 ------------- Hotels, Restaurants & Leisure--0.9% Starwood Hotels & Resorts Worldwide, Inc. 1,724 115,629 ------------- Household Durables--0.7% Fortune Brands, Inc. 1,060 87,312 ------------- Independent Power Producers & Energy--1.2% TXU Corp. 2,377 159,972 ------------- Insurance--12.3% Allstate Corp. (The) 2,685 165,154 American Family Life Assurance Co., Inc. 2,065 106,141 American International Group, Inc. 1,330 93,140 Chubb Corp. (The) 2,930 158,630 Genworth Financial, Inc. Class A 3,645 125,388 Hartford Financial Services Group, Inc. (The) 1,657 163,231 Lincoln National Corp. 1,410 100,040 Loews Corp. 2,490 126,940 Metlife, Inc. 2,040 131,539 Principal Financial Group, Inc. 1,550 90,350 Progressive Corp. (The) 5,400 129,222 Prudential Financial, Inc. 1,123 109,189 Travelers Cos., Inc. (The) 2,365 126,528 ------------- Total Insurance 1,625,492 ------------- See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Earnings Top 100 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Machinery--6.4% Caterpillar, Inc. 2,120 $ 165,996 Deere & Co. 995 120,136 Eaton Corp. 1,545 143,685 Illinois Tool Works, Inc. 1,940 105,129 Paccar, Inc. 1,935 168,422 Parker Hannifin Corp. 1,390 136,095 ------------- Total Machinery 839,463 ------------- Media--1.9% Gannett Co., Inc. 1,823 100,174 News Corp. Class A 6,839 145,055 ------------- Total Media 245,229 ------------- Metals & Mining--5.9% Alcoa, Inc. 3,600 145,908 Freeport-McMoRan Copper & Gold Inc. Class B 2,824 233,884 Nucor Corp. 2,258 132,432 Southern Copper Corp. 2,825 266,284 ------------- Total Metals & Mining 778,508 ------------- Multiline Retail--0.6% J.C. Penney Co., Inc. 1,151 83,309 ------------- Multi-Utilities--1.8% PG&E Corp. 2,110 95,583 Sempra Energy 2,440 144,521 ------------- Total Multi-Utilities 240,104 ------------- Office Electronics--0.9% Xerox Corp.* 6,686 123,557 ------------- Oil, Gas & Consumable Fuels--21.1% Anadarko Petroleum Corp. 4,625 240,454 Apache Corp. 2,556 208,544 Chesapeake Energy Corp. 5,840 202,064 Chevron Corp. 2,145 180,695 ConocoPhillips 2,900 227,650 Devon Energy Corp. 2,035 159,320 EOG Resources, Inc. 1,865 136,257 Exxon Mobil Corp. 1,650 138,402 Hess Corp. 3,604 212,492 Marathon Oil Corp. 4,630 277,615 Murphy Oil Corp. 1,915 113,828 Occidental Petroleum Corp. 2,995 173,351 Valero Energy Corp. 4,355 321,659 XTO Energy, Inc. 2,960 177,896 ------------- Total Oil, Gas & Consumable Fuels 2,770,227 ------------- Pharmaceuticals--0.8% Wyeth 1,818 104,244 ------------- Real Estate Investment Trusts--0.4% Boston Properties, Inc. 575 58,725 ------------- See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(concluded) WisdomTree Earnings Top 100 Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Road & Rail--2.7% Burlington Northern Santa Fe Corp. 1,323 $ 112,640 CSX Corp. 2,948 132,896 Norfolk Southern Corp. 1,965 103,300 ------------- Total Road & Rail 348,836 ------------- Specialty Retail--1.6% Home Depot, Inc. 2,840 111,754 Lowe's Cos., Inc. 3,147 96,581 ------------- Total Specialty Retail 208,335 ------------- Thrifts & Mortgage Finance--1.9% Countrywide Financial Corp. 4,040 146,854 Washington Mutual, Inc. 2,465 105,108 ------------- Total Thrifts & Mortgage Finance 251,962 ------------- Tobacco--2.1% Altria Group, Inc. 1,100 77,154 Reynolds American, Inc. 3,143 204,924 ------------- Total Tobacco 282,078 ------------- TOTAL INVESTMENTS IN SECURITIES--99.8% (Cost: $12,470,639) (a) 13,127,252 Cash and Other Assets in Excess of Liabilities--0.2% 23,681 ------------- NET ASSETS--100.0% $ 13,150,933 ============= * Non-income producing security. (a) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 4 WisdomTree Earnings Top 100 Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Energy 22.7% Insurance 12.4% Banks 10.7% Diversified Financials 10.6% Capital Goods 9.6% Materials 8.6% Utilities 4.9% Food, Beverage & Tobacco 3.1% Health Care Equipment & Services 2.8% Transportation 2.6% Technology Hardware & Equipment 2.3% Retailing 2.2% Media 1.9% Automobiles & Components 1.0% Consumer Services 0.9% Food & Staples Retailing 0.8% Pharmaceuticals, Biotechnology & Life Sciences 0.8% Telecommunication Services 0.8% Consumer Durables & Apparel 0.7% Real Estate 0.4% Other 0.2% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Schedule of Investments (unaudited) WisdomTree Low P/E Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- COMMON STOCKS--99.8% Aerospace & Defense--1.9% Alliant Techsystems, Inc.* 98 $ 9,717 Armor Holdings, Inc.* 133 11,554 BE Aerospace, Inc.* 294 12,142 Ceradyne, Inc.* 161 11,908 Goodrich Corp. 336 20,012 Hexcel Corp.* 455 9,587 Honeywell International, Inc. 1,624 91,398 Lockheed Martin Corp. 860 80,951 Northrop Grumman Corp. 665 51,784 Raytheon Co. 889 47,908 ------------- Total Aerospace & Defense 346,961 ------------- Airlines--0.1% Continental Airlines, Inc. Class B* 210 7,113 Skywest, Inc. 322 7,673 ------------- Total Airlines 14,786 ------------- Auto Components--0.6% ArvinMeritor, Inc. 434 9,635 Autoliv, Inc. 231 13,137 BorgWarner, Inc. 159 13,680 Goodyear Tire & Rubber Co. (The)* 546 18,979 Johnson Controls, Inc. 399 46,192 TRW Automotive Holdings Corp.* 308 11,344 ------------- Total Auto Components 112,967 ------------- Automobiles--0.1% Thor Industries, Inc. 222 10,021 ------------- Beverages--0.1% Pepsi Bottling Group, Inc. 490 16,504 PepsiAmericas, Inc. 399 9,799 ------------- Total Beverages 26,303 ------------- Biotechnology--0.1% ImClone Systems, Inc.* 527 18,635 ------------- Building Products--0.3% Lennox International, Inc. 245 8,386 Masco Corp. 1,036 29,495 Simpson Manufacturing Co., Inc. 259 8,739 USG Corp.* 210 10,298 ------------- Total Building Products 56,918 ------------- Capital Markets--5.2% AG Edwards, Inc. 147 12,429 Allied Capital Corp. 553 17,121 American Capital Strategies Ltd. 490 20,835 Apollo Investment Corp. 380 8,178 Bear Stearns & Cos., Inc. (The) 392 54,880 Goldman Sachs Group, Inc. 1,309 283,726 Knight Capital Group, Inc. Class A* 490 8,134 LaBranche & Co., Inc.* 1,280 9,446 See Notes to Schedule of Investments. 1 Schedule of Investments (unaudited)(continued) WisdomTree Low P/E Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Lehman Brothers Holdings, Inc. 1,610 $ 119,977 Merrill Lynch & Co., Inc. 1,856 155,124 Morgan Stanley 2,991 250,885 ------------- Total Capital Markets 940,735 ------------- Chemicals--1.6% Celanese Corp. Series A 399 15,473 Dow Chemical Co. (The) 2,746 121,429 Eastman Chemical Co. 224 14,410 Huntsman Corp. 574 13,954 Lubrizol Corp. 175 11,296 Lyondell Chemical Co. 798 29,622 Olin Corp. 532 11,172 OM Group, Inc.* 175 9,261 PPG Industries, Inc. 371 28,237 Rohm & Haas Co. 455 24,879 Valspar Corp. (The) 308 8,750 Westlake Chemical Corp. 316 8,886 ------------- Total Chemicals 297,369 ------------- Commercial Banks--7.2% Associated Banc-Corp. 308 10,072 BancorpSouth, Inc. 336 8,219 Bank of Hawaii Corp. 168 8,676 BB&T Corp. 1,260 51,257 BOK Financial Corp. 168 8,975 Cathay General Bancorp 252 8,452 Chittenden Corp. 280 9,786 Citizens Banking Corp. 350 6,405 City National Corp. 119 9,055 Colonial BancGroup, Inc. (The) 343 8,565 Comerica, Inc. 434 25,810 Commerce Bancshares, Inc. 175 7,928 Compass Bancshares, Inc. 245 16,900 Cullen/Frost Bankers, Inc. 161 8,609 East West Bancorp, Inc. 231 8,981 Fifth Third Bancorp 1,183 47,048 FirstMerit Corp. 385 8,058 Fulton Financial Corp. 546 7,873 Greater Bay Bancorp 322 8,964 Huntington Bancshares, Inc. 630 14,326 International Bancshares Corp. 330 8,455 KeyCorp 1,043 35,806 M&T Bank Corp. 224 23,946 Marshall & Ilsley Corp. 539 25,673 National City Corp. 1,624 54,111 Pacific Capital Bancorp 266 7,177 Park National Corp. 91 7,716 PNC Financial Services Group, Inc. (The) 1,148 82,173 Sky Financial Group, Inc. 44 1,226 SunTrust Banks, Inc. 798 68,420 Synovus Financial Corp. 630 19,341 TCF Financial Corp. 322 8,952 Trustmark Corp. 294 7,603 U.S. Bancorp 4,301 141,717 UnionBanCal Corp. 371 22,149 Wachovia Corp. 4,021 206,075 Wells Fargo & Co. 7,468 262,649 Westamerica Bancorp 175 7,742 See Notes to Schedule of Investments. 2 Schedule of Investments (unaudited)(continued) WisdomTree Low P/E Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Whitney Holding Corp. 266 $ 8,007 Wilmington Trust Corp. 203 8,427 Zions Bancorp 231 17,766 ------------- Total Commercial Banks 1,309,090 ------------- Commercial Services & Supplies--0.2% Deluxe Corp. 264 10,721 PHH Corp.* 287 8,957 United Stationers, Inc.* 163 10,863 ------------- Total Commercial Services & Supplies 30,541 ------------- Communications Equipment--0.6% Arris Group, Inc.* 588 10,343 CommScope, Inc.* 237 13,829 Motorola, Inc. 5,285 93,544 ------------- Total Communications Equipment 117,716 ------------- Computers & Peripherals--1.9% International Business Machines Corp. 3,010 316,802 Palm, Inc.* 784 12,552 Western Digital Corp.* 700 13,545 ------------- Total Computers & Peripherals 342,899 ------------- Construction Materials--0.1% Eagle Materials, Inc. 222 10,889 Florida Rock Industries, Inc. 189 12,758 ------------- Total Construction Materials 23,647 ------------- Consumer Finance--1.0% AmeriCredit Corp.* 565 15,001 Capital One Financial Corp. 994 77,969 CompuCredit Corp.* 252 8,825 First Marblehead Corp. (The) 238 9,196 SLM Corp. 1,029 59,250 Student Loan Corp. (The) 49 9,991 ------------- Total Consumer Finance 180,232 ------------- Containers & Packaging--0.1% Ball Corp. 217 11,538 Temple-Inland, Inc. 224 13,783 ------------- Total Containers & Packaging 25,321 ------------- Diversified Consumer Services--0.1% Career Education Corp.* 293 9,895 ------------- Diversified Financial Services--9.2% Bank of America Corp. 12,072 590,200 CIT Group, Inc. 602 33,008 Citigroup, Inc. 12,639 648,254 JPMorgan Chase & Co. 8,252 399,809 ------------- Total Diversified Financial Services 1,671,271 ------------- Diversified Telecommunication Services--1.5% CenturyTel, Inc. 238 11,674 Cincinnati Bell, Inc.* 1,779 10,283 Verizon Communications, Inc. 5,678 233,763 See Notes to Schedule of Investments. 3 Schedule of Investments (unaudited)(continued) WisdomTree Low P/E Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Windstream Corp. 966 $ 14,258 ------------- Total Diversified Telecommunication Services 269,978 ------------- Electric Utilities--0.8% Edison International 798 44,784 FirstEnergy Corp. 637 41,233 Pinnacle West Capital Corp. 196 7,811 PPL Corp. 805 37,666 Sierra Pacific Resources* 525 9,219 Westar Energy, Inc. 315 7,648 ------------- Total Electric Utilities 148,361 ------------- Electrical Equipment--0.1% Genlyte Group, Inc.* 119 9,346 Regal-Beloit Corp. 189 8,796 ------------- Total Electrical Equipment 18,142 ------------- Electronic Equipment & Instruments--0.4% Anixter International, Inc.* 146 10,981 Arrow Electronics, Inc.* 343 13,181 Avnet, Inc.* 322 12,764 Benchmark Electronics, Inc.* 385 8,709 Ingram Micro, Inc. Class A* 448 9,726 Vishay Intertechnology, Inc.* 609 9,634 ------------- Total Electronic Equipment & Instruments 64,995 ------------- Energy Equipment & Services--1.7% BJ Services Co. 833 23,691 Diamond Offshore Drilling, Inc. 238 24,171 ENSCO International, Inc. 392 23,916 Global Industries Ltd.* 630 16,897 Grant Prideco, Inc.* 308 16,580 Halliburton Co. 2,689 92,771 Helmerich & Payne, Inc. 336 11,901 Oil States International, Inc.* 294 12,154 Patterson-UTI Energy, Inc. 840 22,016 Rowan Cos., Inc. 280 11,474 RPC, Inc. 525 8,946 SEACOR Holdings, Inc.* 84 7,842 Tidewater, Inc. 168 11,908 TODCO* 259 12,227 Unit Corp.* 203 12,771 ------------- Total Energy Equipment & Services 309,265 ------------- Food & Staples Retailing--2.7% Kroger Co. (The) 1,351 38,004 Rite Aid Corp.* 8,214 52,405 Wal-Mart Stores, Inc. 8,266 397,677 ------------- Total Food & Staples Retailing 488,086 ------------- Food Products--1.0% Archer-Daniels-Midland Co. 1,542 51,025 Kraft Foods, Inc. Class A 3,056 107,724 Seaboard Corp. 7 16,415 ------------- Total Food Products 175,164 ------------- See Notes to Schedule of Investments. 4 Schedule of Investments (unaudited)(continued) WisdomTree Low P/E Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Gas Utilities--0.1% AGL Resources Inc. 210 $ 8,501 Energen Corp. 182 9,999 Nicor, Inc. 189 8,112 ------------- Total Gas Utilities 26,612 ------------- Health Care Equipment & Supplies--0.0% Kinetic Concepts, Inc.* 168 8,731 ------------- Health Care Providers & Services--1.5% Aetna, Inc. 1,288 63,627 Cigna Corp. 861 44,961 Coventry Health Care, Inc.* 343 19,774 Health Net, Inc.* 224 11,827 LifePoint Hospitals, Inc.* 238 9,206 Lincare Holdings, Inc.* 224 8,926 Sierra Health Services, Inc.* 216 8,981 Triad Hospitals, Inc.* 182 9,784 WellPoint, Inc.* 1,250 99,789 ------------- Total Health Care Providers & Services 276,875 ------------- Hotels, Restaurants & Leisure--0.4% CBRL Group, Inc. 180 7,646 CKE Restaurants, Inc. 448 8,991 Ruby Tuesday, Inc. 258 6,793 Speedway Motorsports, Inc. 215 8,596 Starwood Hotels & Resorts Worldwide, Inc. 546 36,621 ------------- Total Hotels, Restaurants & Leisure 68,647 ------------- Household Durables--2.0% American Greetings Corp. Class A 357 10,114 Beazer Homes USA, Inc. 341 8,412 Black & Decker Corp. (The) 217 19,163 Centex Corp. 560 22,456 D.R. Horton, Inc. 1,512 30,134 Ethan Allen Interiors, Inc. 231 7,912 Fortune Brands, Inc. 301 24,793 Hovnanian Enterprises, Inc. Class A* 385 6,364 KB Home 427 16,811 Leggett & Platt, Inc. 371 8,181 Lennar Corp. Class A 847 30,967 MDC Holdings, Inc. 245 11,848 Meritage Homes Corp.* 313 8,373 Mohawk Industries, Inc.* 182 18,344 NVR, Inc.* 35 23,791 Pulte Homes, Inc. 1,204 27,030 Ryland Group, Inc. (The) 266 9,940 Standard-Pacific Corp. 469 8,222 Stanley Works (The) 182 11,047 Tempur-Pedic International, Inc. 350 9,065 Toll Brothers, Inc.* 840 20,983 TOUSA, Inc. 1,422 5,958 Tupperware Brands Corp. 371 10,663 Whirlpool Corp. 182 20,238 ------------- Total Household Durables 370,809 ------------- Household Products--0.1% Energizer Holdings, Inc.* 126 12,550 ------------- See Notes to Schedule of Investments. 5 Schedule of Investments (unaudited)(continued) WisdomTree Low P/E Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Independent Power Producers & Energy--0.9% Mirant Corp.* 903 $ 38,513 NRG Energy, Inc.* 700 29,099 TXU Corp. 1,398 94,085 ------------- Total Independent Power Producers & Energy 161,697 ------------- Industrial Conglomerates--0.1% Carlisle Cos., Inc. 196 9,116 ------------- Insurance--9.7% 21st Century Insurance Group 406 8,875 Alfa Corp. 455 7,084 Alleghany Corp.* 21 8,537 Allstate Corp. (The) 2,451 150,761 AMBAC Financial Group, Inc. 315 27,465 American Family Life Assurance Co., Inc. 1,006 51,708 American Financial Group, Inc. 336 11,474 American International Group, Inc. 5,521 386,635 Assurant, Inc. 420 24,746 Chubb Corp. (The) 1,428 77,312 Cincinnati Financial Corp. 378 16,405 Commerce Group, Inc. 287 9,965 Conseco, Inc.* 434 9,066 Delphi Financial Group, Inc. Class A 224 9,368 Erie Indemnity Co. Class A 161 8,700 First American Corp. 217 10,742 Genworth Financial, Inc. Class A 1,246 42,862 Hanover Insurance Group, Inc. (The) 182 8,880 Hartford Financial Services Group, Inc. (The) 931 91,713 HCC Insurance Holdings, Inc. 273 9,121 LandAmerica Financial Group, Inc. 140 13,509 Lincoln National Corp. 588 41,719 Loews Corp. 1,253 63,878 Markel Corp.* 28 13,568 MBIA, Inc. 364 22,648 Mercury General Corp. 161 8,873 Metlife, Inc. 2,080 134,118 Nationwide Financial Services, Inc. Class A 427 26,995 Odyssey Re Holdings Corp. 231 9,908 Ohio Casualty Corp. 273 11,824 Old Republic International Corp. 658 13,989 Philadelphia Consolidated Holding Co.* 203 8,485 Principal Financial Group, Inc. 553 32,234 ProAssurance Corp.* 168 9,353 Progressive Corp. (The) 2,150 51,450 Protective Life Corp. 189 9,036 Prudential Financial, Inc. 928 90,229 Reinsurance Group of America, Inc. 175 10,542 RLI Corp. 154 8,616 Safeco Corp. 378 23,534 Selective Insurance Group, Inc. 336 9,032 Stancorp Financial Group, Inc. 182 9,551 Torchmark Corp. 259 17,353 Transatlantic Holdings, Inc. 168 11,950 Travelers Cos., Inc. (The) 1,933 103,416 Unitrin, Inc. 189 9,295 W.R. Berkley Corp. 623 20,272 Zenith National Insurance Corp. 182 8,570 ------------- Total Insurance 1,765,366 ------------- Internet Software & Services--0.1% VeriSign, Inc.* 610 19,355 ------------- See Notes to Schedule of Investments. 6 Schedule of Investments (unaudited)(continued) WisdomTree Low P/E Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- IT Services--0.1% Wright Express Corp.* 308 $ 10,555 ------------- Leisure Equipment & Products--0.2% Brunswick Corp. 308 10,050 Mattel, Inc. 819 20,713 Polaris Industries, Inc. 182 9,857 ------------- Total Leisure Equipment & Products 40,620 ------------- Machinery--3.1% Actuant Corp. Class A 175 11,036 Briggs & Stratton Corp. 301 9,500 Caterpillar, Inc. 1,975 154,642 Crane Co. 224 10,181 Cummins, Inc. 392 39,674 Deere & Co. 489 59,042 Eaton Corp. 406 37,758 Gardner Denver, Inc.* 245 10,425 Harsco Corp. 210 10,920 Illinois Tool Works, Inc. 1,134 61,450 Joy Global, Inc. 287 16,741 Lincoln Electric Holdings, Inc. 133 9,874 Paccar, Inc. 721 62,755 Parker Hannifin Corp. 315 30,842 Terex Corp.* 196 15,935 Timken Co. (The) 371 13,397 Toro Co. (The) 168 9,894 ------------- Total Machinery 564,066 ------------- Media--1.4% Belo Corp. Class A 469 9,657 Gannett Co., Inc. 574 31,541 Getty Images, Inc.* 168 8,032 News Corp. Class A 10,074 213,670 ------------- Total Media 262,900 ------------- Metals & Mining--3.2% A.M. Castle & Co. 320 11,491 AK Steel Holding Corp.* 420 15,695 Alcoa, Inc. 2,461 99,744 Allegheny Technologies, Inc. 244 25,591 Carpenter Technology Corp. 93 12,119 Chaparral Steel Co. 189 13,583 Cleveland-Cliffs, Inc. 196 15,223 Commercial Metals Co. 670 22,626 Freeport-McMoRan Copper & Gold, Inc. 879 72,799 Nucor Corp. 945 55,424 Quanex Corp. 231 11,250 Reliance Steel & Aluminum Co. 469 26,386 Ryerson, Inc. 194 7,304 Southern Copper Corp. 1,107 104,346 Steel Dynamics, Inc. 350 14,669 United States Steel Corp. 568 61,770 Worthington Industries, Inc. 469 10,154 ------------- Total Metals & Mining 580,174 ------------- Multiline Retail--0.2% J.C. Penney Co., Inc. 441 31,920 ------------- See Notes to Schedule of Investments. 7 Schedule of Investments (unaudited)(continued) WisdomTree Low P/E Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Multi-Utilities--1.2% Centerpoint Energy, Inc. 910 $ 15,834 DTE Energy Co. 413 19,915 Integrys Energy Group, Inc. 154 7,812 KeySpan Corp. 399 16,750 MDU Resources Group, Inc. 385 10,795 OGE Energy Corp. 217 7,953 PG&E Corp. 770 34,881 SCANA Corp. 231 8,845 Sempra Energy 784 46,437 TECO Energy, Inc. 511 8,779 Vectren Corp. 308 8,294 Wisconsin Energy Corp. 224 9,908 Xcel Energy, Inc. 784 16,048 ------------- Total Multi-Utilities 212,251 ------------- Office Electronics--0.3% Xerox Corp.* 2,423 44,777 ------------- Oil, Gas & Consumable Fuels--23.1% Anadarko Petroleum Corp. 2,402 124,880 Apache Corp. 1,260 102,803 Cabot Oil & Gas Corp. 266 9,810 Chesapeake Energy Corp. 1,933 66,882 Chevron Corp. 7,762 653,870 Cimarex Energy Co. 385 15,173 ConocoPhillips 7,321 574,699 Devon Energy Corp. 1,512 118,374 Encore Acquisition Co.* 329 9,146 EOG Resources, Inc. 728 53,188 Exxon Mobil Corp. 17,201 1,442,819 Forest Oil Corp.* 266 11,241 Frontier Oil Corp. 399 17,464 Helix Energy Solutions Group, Inc.* 266 10,616 Hess Corp. 1,078 63,559 Holly Corp. 161 11,945 Marathon Oil Corp. 3,573 214,237 Murphy Oil Corp. 441 26,213 Newfield Exploration Co.* 441 20,088 Noble Energy, Inc. 378 23,583 Occidental Petroleum Corp. 2,963 171,498 Overseas Shipholding Group, Inc. 210 17,094 Penn Virginia Corp. 238 9,568 Pogo Producing Co. 238 12,088 St. Mary Land & Exploration Co. 238 8,716 Sunoco, Inc. 567 45,179 Tesoro Corp. 658 37,605 Valero Energy Corp. 3,349 247,357 W&T Offshore, Inc. 273 7,641 Whiting Petroleum Corp.* 196 7,942 XTO Energy, Inc. 1,253 75,305 ------------- Total Oil, Gas & Consumable Fuels 4,210,583 ------------- Paper & Forest Products--0.0% Louisiana-Pacific Corp. 406 7,682 ------------- Personal Products--0.0% Alberto-Culver Co. 371 8,800 ------------- See Notes to Schedule of Investments. 8 Schedule of Investments (unaudited)(continued) WisdomTree Low P/E Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Pharmaceuticals--4.3% Barr Pharmaceuticals, Inc.* 254 $ 12,758 Merck & Co., Inc. 4,245 211,401 Pfizer, Inc. 15,519 396,822 Wyeth 2,689 154,187 ------------- Total Pharmaceuticals 775,168 ------------- Real Estate Investment Trusts--0.2% Boston Properties, Inc. 224 22,878 Cousins Properties, Inc. 231 6,701 Equity One, Inc. 308 7,869 ------------- Total Real Estate Investment Trusts 37,448 ------------- Road & Rail--1.2% Amerco, Inc.* 133 10,042 Burlington Northern Santa Fe Corp. 812 69,133 Con-way, Inc. 182 9,144 CSX Corp. 1,050 47,334 JB Hunt Transport Services, Inc. 343 10,057 Norfolk Southern Corp. 917 48,207 Ryder System, Inc. 168 9,038 Werner Enterprises, Inc. 455 9,168 YRC Worldwide, Inc.* 273 10,046 ------------- Total Road & Rail 222,169 ------------- Semiconductors & Semiconductor Equipment--0.9% Amkor Technology, Inc.* 777 12,238 Lam Research Corp.* 287 14,752 MKS Instruments, Inc.* 370 10,249 ON Semiconductor Corp.* 910 9,755 Teradyne, Inc.* 560 9,845 Texas Instruments, Inc. 2,950 111,008 ------------- Total Semiconductors & Semiconductor Equipment 167,847 ------------- Specialty Retail--2.4% Abercrombie & Fitch Co. Class A 168 12,261 Advance Auto Parts, Inc. 224 9,079 AutoNation, Inc.* 532 11,938 Autozone, Inc.* 161 21,996 Foot Locker, Inc. 378 8,240 Group 1 Automotive, Inc. 161 6,495 Home Depot, Inc. 5,070 199,504 Lowe's Cos., Inc. 3,190 97,901 Men's Wearhouse, Inc. (The) 203 10,367 Pacific Sunwear Of California* 432 9,504 Rent-A-Center, Inc.* 287 7,528 Sherwin-Williams Co. (The) 287 19,077 Sonic Automotive, Inc. Class A 266 7,706 TJX Cos., Inc. (The) 847 23,293 ------------- Total Specialty Retail 444,889 ------------- Textiles, Apparel & Luxury Goods--0.2% Jones Apparel Group, Inc. 259 7,317 VF Corp. 231 21,155 ------------- Total Textiles, Apparel & Luxury Goods 28,472 ------------- See Notes to Schedule of Investments. 9 Schedule of Investments (unaudited)(concluded) WisdomTree Low P/E Fund June 30, 2007 ================================================================================ Investments Shares Value -------------------------------------------------------------------------------- Thrifts & Mortgage Finance--1.5% Astoria Financial Corp. 294 $ 7,362 Countrywide Financial Corp. 2,129 77,389 Downey Financial Corp. 126 8,313 First Niagara Financial Group, Inc. 588 7,703 IndyMac Bancorp, Inc. 322 9,393 MAF Bancorp, Inc. 196 10,635 MGIC Investment Corp. 308 17,513 PMI Group, Inc. (The) 301 13,446 Radian Group, Inc. 308 16,632 Washington Federal, Inc. 364 8,849 Washington Mutual, Inc. 2,367 100,928 ------------- Total Thrifts & Mortgage Finance 278,163 ------------- Tobacco--2.2% Altria Group, Inc. 4,413 309,528 Reynolds American, Inc. 1,351 88,085 ------------- Total Tobacco 397,613 ------------- Trading Companies & Distributors--0.2% United Rentals, Inc.* 308 10,022 W.W. Grainger, Inc. 182 16,936 Watsco, Inc. 161 8,758 WESCO International, Inc.* 133 8,040 ------------- Total Trading Companies & Distributors 43,756 ------------- Wireless Telecommunication Services--0.4% Telephone & Data Systems, Inc. 1,099 68,764 ------------- TOTAL INVESTMENTS IN SECURITIES--99.8% (Cost: $17,765,028) (a) 18,167,673 Cash and Other Assets in Excess of Liabilities--0.2% 45,064 ------------- NET ASSETS--100.0% $ 18,212,737 ============= * Non-income producing security. (a) Aggregate cost for Federal income tax purposes is substantially the same as for book purposes. See Note 3. See Notes to Schedule of Investments. 10 WisdomTree Low P/E Fund Industry Breakdown % of the Fund's Net Assets as of 6/30/07+ Energy 24.8% Diversified Financials 15.3% Insurance 9.7% Banks 8.7% Capital Goods 5.7% Materials 5.1% Pharmaceuticals, Biotechnology & Life Sciences 4.4% Food, Beverage & Tobacco 3.3% Technology Hardware & Equipment 3.1% Utilities 3.0% Food & Staples Retailing 2.7% Retailing 2.6% Consumer Durables & Apparel 2.4% Telecommunication Services 1.9% Health Care Equipment & Service 1.6% Media 1.5% Transportation 1.3% Semiconductors & Semiconductor Equipment 0.9% Automobiles & Components 0.7% Consumer Services 0.4% Real Estate 0.2% Commercial Services & Supplies 0.2% Software & Services 0.2% Household & Personal Products 0.1% Other 0.2% + The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. Notes to Schedule of Investments (unaudited) 1. ORGANIZATION WisdomTree Trust (the "Trust") is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end management investment company. The Trust was established as a Delaware statutory trust pursuant to a Trust Instrument dated December 15, 2005. As of June 30, 2007, the Trust offered 37 investment funds (each a "Fund", collectively, the "Funds"). Each Fund is considered to be non-diversified. The Funds commenced operations on June 16, 2006, with the exception of the international dividend sector funds, domestic earnings funds and the International Real Estate Fund which commenced operations on October 13, 2006, February 23, 2007, and June 5, 2007, respectively. These notes relate to the schedule of investments for WisdomTree Total Dividend Fund ("Total Dividend Fund"), WisdomTree High-Yielding Equity Fund ("High-Yielding Equity Fund"), WisdomTree Dividend Top 100 Fund ("Dividend Top 100 Fund"), WisdomTree LargeCap Dividend Fund ("LargeCap Dividend Fund"), WisdomTree MidCap Dividend Fund ("MidCap Dividend Fund"), WisdomTree SmallCap Dividend Fund ("SmallCap Dividend Fund"), WisdomTree DEFA Fund ("DEFA Fund"), WisdomTree DEFA High-Yielding Equity Fund ("DEFA 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"), WisdomTree International SmallCap Dividend Fund ("International SmallCap Dividend Fund"), WisdomTree International Real Estate Fund ("International Real Estate Fund") WisdomTree International Basic Materials Sector Fund ("International Basic Materials Sector Fund"), WisdomTree International Communications Sector Fund ("International Communications Sector Fund"), WisdomTree International Consumer Cyclical Sector Fund ("International Consumer Cyclical Sector Fund"), WisdomTree International Consumer Non-Cyclical Sector Fund ("International Consumer Non-Cyclical Sector Fund"), WisdomTree International Energy Sector Fund ("International Energy Sector Fund"), WisdomTree International Financial Sector Fund ("International Financial Sector Fund"), WisdomTree International Health Care Sector Fund ("International Health Care Sector Fund"), WisdomTree International Industrial Sector Fund ("International Industrial Sector Fund"), WisdomTree International Technology Sector Fund ("International Technology Sector Fund"), WisdomTree International Utilities Sector Fund ("International Utilities Sector Fund"), WisdomTree Total Earnings Fund ("Total Earnings Fund"), WisdomTree Earnings 500 Fund ("Earnings 500 Fund"), WisdomTree MidCap Earnings Fund ("MidCap Earnings Fund"), WisdomTree SmallCap Earnings Fund ("SmallCap Earnings Fund"), WisdomTree Earnings Top 100 Fund ("Earnings Top 100 Fund"), and WisdomTree Low P/E Fund ("Low P/E Fund"). Each Fund seeks investment returns that closely correspond to the price and yield performance, before fees and expenses, of a particular index ("Index") developed by WisdomTree Investments, Inc. ("WisdomTree Investments"). Each Index consists of dividend paying securities in the market suggested by its name that meet specific criteria developed by WisdomTree Investments. "WisdomTree", "WisdomTree Investments", "WisdomTree DEFA", "International Dividend Top 100", and "Dividend Top 100" are service marks of WisdomTree Investments 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 - The Net Asset Value ("NAV") of each Fund's shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange, generally 4:00 p.m. New York time. NAV per share is calculated by dividing a Fund's net assets by the number of Fund shares outstanding. Securities traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close 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 the 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 in accordance with procedures approved by the Board of Trustees. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates current market value. 1 Notes to Schedule of Investments (unaudited) (continued) (b) Investment Transactions - Investment 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) Security Lending - Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds' securities lending agent. The loans are collateralized at all times by cash and/or high grade debt obligations in an amount at least equal to 102% of the market value of domestic securities loaned (105% in the case of foreign securities loaned) as determined at the close of business on the preceding business day. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash or U.S. government securities held as collateral, net of fee rebates paid to the borrower plus reasonable administrative and custody fees. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. The Funds retain all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower. Lending portfolio securities could result in a loss or delay in recovering each Fund's securities if the borrower defaults. (e) Short-Term Investments - Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments in which a Fund may invest include short-term obligations issued by the U.S. Government, negotiable certificates of deposit ("CDs"), fixed time deposits and bankers' acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker's acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions. 2 Notes to Schedule of Investments (unaudited)(continued) 3. FEDERAL INCOME TAXES At June 30, 2007, the cost of investments (including securities on loan) for Federal income tax purposes were substantially the same, as for book purposes, as indicated below:
Net Gross Gross Unrealized Unrealized Unrealized Appreciation/ Fund Tax Cost Appreciation Depreciation (Depreciation) ---------------------------------------------------------------------------------------------------------- Total Dividend Fund $ 88,117,429 $ 8,042,637 $ (1,404,937) $ 6,637,700 ---------------------------------------------------------------------------------------------------------- High-Yielding Equity Fund 239,320,961 13,718,365 (5,825,181) 7,893,184 ---------------------------------------------------------------------------------------------------------- Dividend Top 100 Fund 226,504,725 13,537,171 (4,788,550) 8,748,621 ---------------------------------------------------------------------------------------------------------- LargeCap Dividend Fund 355,631,061 22,072,291 (4,673,421) 17,398,870 ---------------------------------------------------------------------------------------------------------- MidCap Dividend Fund 100,388,149 6,367,423 (3,665,702) 2,701,721 ---------------------------------------------------------------------------------------------------------- SmallCap Dividend Fund 128,791,071 8,381,663 (6,986,711) 1,394,952 ---------------------------------------------------------------------------------------------------------- DEFA Fund 203,812,801 18,715,467 (1,845,484) 16,869,983 ---------------------------------------------------------------------------------------------------------- DEFA High-Yielding Equity Fund 249,698,713 16,690,873 (2,571,001) 14,119,872 ---------------------------------------------------------------------------------------------------------- Europe Total Dividend Fund 51,374,716 5,252,649 (283,642) 4,969,007 ---------------------------------------------------------------------------------------------------------- Europe High-Yielding Equity Fund 51,469,394 4,537,969 (185,593) 4,352,376 ---------------------------------------------------------------------------------------------------------- Europe SmallCap Dividend Fund 157,118,287 9,750,426 (4,846,688) 4,903,738 ---------------------------------------------------------------------------------------------------------- Japan Total Dividend Fund 48,744,998 3,444,666 (1,613,878) 1,830,788 ---------------------------------------------------------------------------------------------------------- Japan High-Yielding Equity Fund 61,096,091 471,803 (4,118,789) (3,646,986) ---------------------------------------------------------------------------------------------------------- Japan SmallCap Dividend Fund 101,401,051 2,820,044 (4,414,252) (1,594,208) ---------------------------------------------------------------------------------------------------------- Pacific ex-Japan Total Dividend Fund 118,929,968 12,993,416 (455,772) 12,537,644 ---------------------------------------------------------------------------------------------------------- Pacific ex-Japan High-Yielding Equity Fund 142,247,921 11,181,834 (312,925) 10,868,909 ---------------------------------------------------------------------------------------------------------- International LargeCap Dividend Fund 111,796,311 13,075,987 (691,709) 12,384,278 ---------------------------------------------------------------------------------------------------------- International Dividend Top 100 Fund 412,079,383 21,368,202 (3,636,646) 17,731,556 ---------------------------------------------------------------------------------------------------------- International MidCap Dividend Fund 316,207,368 18,212,637 (6,120,285) 12,092,352 ---------------------------------------------------------------------------------------------------------- International SmallCap Dividend Fund 605,763,554 32,606,969 (13,665,418) 18,941,551 ---------------------------------------------------------------------------------------------------------- International Real Estate Fund 30,381,882 299,964 (1,182,305) (882,341) ---------------------------------------------------------------------------------------------------------- International Basic Materials Sector Fund 57,726,901 4,091,061 (361,878) 3,729,183 ---------------------------------------------------------------------------------------------------------- International Communications Sector Fund 25,159,356 2,193,165 (271,184) 1,921,981 ---------------------------------------------------------------------------------------------------------- International Consumer Cyclical Fund 5,372,816 1,136,335 (103,762) 1,032,573 ---------------------------------------------------------------------------------------------------------- International Consumer Non-Cyclical Fund 21,624,561 2,142,261 (430,423) 1,711,838 ---------------------------------------------------------------------------------------------------------- International Energy Sector Fund 24,599,878 3,910,991 (39,487) 3,871,504 ---------------------------------------------------------------------------------------------------------- International Financial Sector Fund 22,483,602 1,210,743 (193,571) 1,017,172 ---------------------------------------------------------------------------------------------------------- International Health Care Sector Fund 22,871,791 1,170,259 (737,940) 432,319 ---------------------------------------------------------------------------------------------------------- International Industrial Sector Fund 46,176,307 3,752,770 (489,380) 3,263,390 ---------------------------------------------------------------------------------------------------------- International Technology Sector Fund 5,138,892 529,120 (90,080) 439,040 ---------------------------------------------------------------------------------------------------------- International Utilities Sector Fund 25,263,134 2,270,610 (207,076) 2,063,534 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3 Notes to Schedule of Investments (unaudited)(concluded)
Net Gross Gross Unrealized Unrealized Unrealized Appreciation/ Fund Tax Cost Appreciation Depreciation (Depreciation) ------------------------------------------------------------------------------------------------------- Total Earnings Fund $15,219,067 $ 629,668 $ (369,086) $260,582 ------------------------------------------------------------------------------------------------------- Earnings 500 Fund 19,915,684 1,246,005 (574,805) 671,200 ------------------------------------------------------------------------------------------------------- MidCap Earnings Fund 15,341,331 453,775 (399,135) 54,640 ------------------------------------------------------------------------------------------------------- SmallCap Earnings Fund 9,891,897 817,273 (670,651) 146,622 ------------------------------------------------------------------------------------------------------- Earnings Top 100 Fund 12,470,639 1,044,665 (388,052) 656,613 ------------------------------------------------------------------------------------------------------- Low P/E Fund 17,765,028 889,141 (486,496) 402,645
4 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 Principal Executive Officer and Principal 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 know 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 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 27, 2007 --------------- By: /s/ Marc J. Ruskin ------------------ Marc J. Ruskin Treasurer Date: August 27, 2007 --------------- 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 27, 2007 --------------- By: /s/ Marc J. Ruskin ------------------ Marc J. Ruskin Treasurer Date: August 27, 2007 ---------------